Old Hickory Community Development District

Agenda February 7, 2022

AGENDA

Old Hickory
Community Development District

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

January 31, 2022

Board of Supervisors Old Hickory Community Development District

Dear Board Members:

The meeting of the Board of Supervisors of the Old Hickory Community Development District will be held Monday, February 7, 2022 at 1:00 p.m. at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, FL 33896. Following is the advance agenda for the regular meeting:

Roll Call
Public Comment Period
Approval of Minutes of the October 4, 2021 Meeting
Ratification of Data Sharing and Usage Agreement with Osceola County Property Appraiser
Consideration of Resolution 2022-02 Authorizing Execution of Public Depositor's Report
Consideration of Service Lighting Agreement with OUC for Phase 1 & 2
Discussion of Pending Plat Conveyances
Staff Reports
Attorney
Presentation of Memorandum Regarding New Statutory Requirement
Engineer
Consideration of Proposal for Preparation of Stormwater Management System Report
District Manager's Report
Approval of Check Register
Balance Sheet and Income Statement
Presentation of Arbitrage Rebate Calculation Report
Other Business
Supervisor's Requests
Adjournment

The second order of business is the Public Comment Period where the public has  an opportunity to be heard on propositions coming before the Board as reflected on  the agenda,  and any other items.

The third order of business is the approval of minutes of the October 4, 2021 meeting. The minutes are enclosed for your review.

The fourth order of business is the consideration of the Data Sharing and Usage agreement with the Osceola County Property Appraiser. A copy of the agreement is enclosed for your review.

The fifth order of business is the ratification of Resolution 2022-02 authorizing execution of the Public Depositor's Report. A copy of the Resolution is enclosed for your review.

The sixth order of business is the consideration of the service lighting agreement with OUC for Phase 1 & 2. A copy of the agreement is enclosed for your review.

The seventh order of business is the discussion of the pending plat conveyances from the Developer to the District. This is an open discussion item.

The eighth order of business is Staff Reports. Sub-Section 1 of the Attorney's Report is the presentation of memorandum regarding a new statutory requirement for Districts. A copy of the memo is enclosed for your review. Sub-Section 2 is the consideration of proposal for preparation of the stormwater management system report per the new statutory requirement. Sub-Section 1 of the District Manager's Report includes the check register for approval and Sub­ Section 2 includes the balance sheet and income statement for review. Sub-Section 3 is the presentation of the arbitrage rebate calculation report for the Series 2021 bonds. A copy of the report is enclosed for your review.

The balance of the agenda will be discussed at the meeting. In the meantime,  if  you should have any questions, please contact me.

Sincerely,

George S. Flint District Manager

Cc:		Jan Carpenter, District Counsel David Reid, District Engineer Steve Sanford, Bond Counsel Jon Kessler, Underwriter Stacey Johnson, Trustee

Enclosures

MINUTES

MINUTES OF MEETING OLD HICKORY
COMMUNITY DEVELOPMENT DISTRICT

A regular meeting of the Board of Supervisors of the Old Hickory Community Development District was held Monday, October 4, 2021 at 1:00 p.m. at the Oasis Club at ChampionsGate 1520 Oasis Club Blvd. ChampionsGate, FL.

Present and constituting a quorum were:

Lane Register Adam Morgan Rob Bonin Daniel La Rosa

Also present were:

George Flint Kristen Trucco Dave Reid Alan Scheerer

FIRST ORDER OF BUSINESS

Chairman
Vice Chairman Assistant Secretary Assistant Secretary

District Manager District Counsel District Engineer Field Manager

Roll Call

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

SECOND ORDER OF BUSNESS	Public Comment Period
Mr. Flint: There are no members of the pubic here to provide comment.

THIRD ORDER OF BUSNESS	Approval of Minutes of the September 13,
2021 Meeting
Mr. Flint: Did the Board have any comments or corrections on the September 13, 2021 meeting minutes?
Mr. Morgan: They look good, I make a motion to accept.

On MOTION by Mr. Morgan, seconded by Mr. Register, with all in favor, the Minutes of the September 13, 2021 Meeting, were approved.

October 4, 2021	Old Hickory CDD

FOURTH ORDER OF BUSINESS	Consideration	of	Resolution	2022-01
Amending the Fiscal Year 2021 Budget
Mr. Flint: Any time the total expenses exceed the total budget you are required to amend the budget within 60 days of the end of the fiscal year. In this case, when we adopted the 2021 budget, we did not have field services included. Since that time, the District has taken on maintenance responsibilities and as a result the actuals are significantly higher than the budget. In the amendment, we have decreased the line items under admin to bring them in line with actuals and then we budgeted the field expenses and adjusted the developer contribution for the difference. For the Fiscal Year 2022 budget we have those expenses budget. Are there any questions on the amendment? Hearing none,

On MOTION by Mr. Morgan, seconded by Mr. Register, with all in favor, Resolution 2022-01 Amending the Fiscal Year 2021 Budget, was approved.

FIFTH ORDER OF BUSINESS	Discussion of Pending Plat Conveyances
Mr. Flint: Are there any pending plats or conveyances?
Mr. Register: Not right now. We got all of Phase 3 done, and then in Phase 4 we have a plat to record in about another 4 to 5 days.
Mr. Flint: So we should have something on the next agenda. Mr. Register: Yes.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Trucco: There is nothing new to report to the Board.

Engineer
Mr. Reid: I have nothing new to report this month.

District Manager's Report
Balance Sheet and Income Statement
Mr. Flint: You have the unaudited financials through August 31st. Are there any questions or comments on those? Hearing none,

Ratification of Funding Request #14

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October 4, 2021	Old Hickory CDD

Mr. Flint: Next is funding request #14. These have been transmitted to the developer under the Developer Funding Agreement for $15,090.17. We are asking the Board to ratify the funding request.

On MOTION by Mr. Register, seconded by Mr. Morgan, with all in favor, Funding Request #14, was ratified.

SEVENTH ORDER OF BUSINESS
There being none, the next item followed.

EIGHTH ORDER OF BUSINESS
There being none, the next item followed.

NINTH ORDER OF BUSINESS
Mr. Flint: Is there a motion to adjourn?

Other Business

Supervisor's Requests

Adjournment

On MOTION by Mr. Register, seconded by Mr. Morgan, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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SECTION V

K-ATRINA  S CARBOROUGH,, CFA, CCF, MCF
OSCEOLA C OUNTY P ROPERTY A PPRAISER

Old Hickory COD

This Data Sharing And Usage Agreement, hereafter referred to as" Agreement," establishes the terms and conditions under which the Old Hickory COD, hereafter referred to as agency, can acquire and use Osceola County Property Appraiser (OCPA) data that is exempt from Public Records disclosure as defined in FS 119.071.
Please note the referenced statute has amended as of October 1, 2021. The paragraph below reflects the changes.

The confidentiality of personal identifying and location information including: names, mailing address, or any other descriptive property information that may reveal identity or home address pertaining to parcels owned by individuals that have received exempt/confidential status, hereafter referred to as confidential personal identifying and location information, will be protected as follows:
The agency will not release confidential personal identifying and location information that may reveal identifying and location information of Individuals exempted from Public Records disclosure.
The agency will not present the confidential personal identifying and location information in the results of data analysis (including maps) in any manner that would reveal personal identifying and location information of individuals exempted from Public Records disclosure.
The agency shall comply with all State laws and regulations governing the confidentiality of personal identifying and location information that is the subject of this Agreement.
The agency shall ensure any employee granted access to confidential personal identifying and location information is subject to the terms and conditions of this Agreement.
The agency shall ensure any third party granted access to confidential personal identifying and location information is subject to the terms and conditions of this Agreement. Acceptance of these terms must be provided in writing to the agency by the third party before personal identifying and location information is released.
The terms of this Agreement shall commence on January 1, 2022 and shall run until December 31, 2022, the date if signature by the parties notwithstanding. This Agreement shall not automatically renew. A new agreement will be provided annually for the following year.
IN WITNESS THEREOF, both the Osceola County Property Appraiser, through its duly authorized representative, and the agency, through its duly authorized representative, have hereunto executed this Data Sharing and Usage Agreement as of the last below written date.

OSCEOLA COUNTY PROPERTY APPRAISER	Old Hickory CDD

Signature:_ _

_ _ _ _

_ _ _ _ _ _

Signature: _ --' P:........::===	=--\.:::!.	:l:"L._---_

_	_	_

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Print:	Katrina S. Scarborou gh

Print:._ _

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Date:._ _ _

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Title:_ _

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Date:_ _

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Please returned signed original copy, no later than January 31, 2022

2505 E IRLO BRONSON MEMORIAL HWY, KISSIMMEE, FL 34744	(407) 742-5000 INFO@PROPERTY-APPRAISER.ORG • PROPERTY-APPRAISER.ORG

S ECTION V

RESOLUTION 2022-02

A RESOLUTION OF THE OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING THE DISTRICT MANAGER, TREASURER AND ASSISTANT TREASURER TO EXECUTE THE PUBLIC DEPOSITORS REPORT, AND FURTHER AUTHORIZING THE EXECUTION OF ANY AND ALL OTHER FINANCIAL REPORTS; PROVIDING FOR AN EFFECTIVE DATE

WHEREAS, Old Hickory Community Development District has established the position of Treasurer and Assistant Treasurer for the purpose of maintaining the financial records of the District.

NOW, THEREFORE, BE IT RESOLVED BY THE OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS AS FOLLOW:

The District Manager, Treasurer or Assistant Treasurer are hereby authorized on behalf of Old Hickory Community Development  District  to execute the public depositor report to the Office of the Treasurer as required by Chapter 280, Florida Statutes, and any and all other financial reports required by any other rule, statute, law ordinance or regulation.

This Resolution shall be effective immediately upon adoption.

THIS	RESOLUTION	INTRODUCED	and	ADOPTED	by	the
BOARD OF SUPERVISORS at their Board of Supervisors meeting on the 8th day of February, 2022.

Chairman/Vice Chairman

Secretary/ Assistant Secretary

S ECTION VI

OUC IJ
The Reliable One( !)

For Recording Purposes Only

SERVICE AGREEMENT FOR LIGHTING SERVICE
OLD HICKORY PHASE 1 & 2

This Agreement is entered into this 		day of 	20_, by and
between ORLANDO UTILITIES COMMISSION, whose address is 100 West Anderson Street, Orlando, Florida 32801 and OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT whose address is 9145 Narcoossee Rd #A206, Orlando FL 32827, for the provision of Lighting Service as more particularly set forth below.

DEFINITIONS

	"BILLING CYCLE" shall mean the time between the reading date of the prior month bill and the reading date of the current month bill for the lighting Service provided by OUC during that time.

"CUSTOMER" shall mean the legal entity that owns the premises receiving Lighting Service and is responsible for paying the CUSTOMER bill.

"FORCE MAJEURE EVENT" means any event beyond OUC's reasonable control which results in the failure of some performance under this agreement, including without limitation, acts of God, epidemics, lightning, storms, earthquakes, fires, floods and washouts; strikes, lockouts or other industrial disturbances; acts of the public enemy, wars, blockades, insurrections, civil disturbances and riots; arrests, orders, directives or restraints of government agencies, either local, state, federal, civil or military; or acts of CUSTOMER which prevent OUC from providing Lighting Service.

"INSTALLATION DATE" shall mean the date entered in Exhibit 1, for each phase of the project, upon which OUC is to commence installation of the LIGHTING EQUIPMENT.

"LIGHTING EQUIPMENT" means poles, wires, fixtures, conduit, junction boxes, bases, photocells, controllers, and any other associated parts.

"LIGHTING SERVICE" shall collectively mean, all such installation, operation, maintenance and (if applicable) electric supply services.

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"OUC" shall mean ORLANDO UTILITIES COMMISSION, a statutory commission created and existing under the laws of the state of Florida and the municipal utility of the City of Orlando.

SECTION 1: OUC AGREES THAT DURING THE TERM OF THIS AGREEMENT IT SHALL:

Install the Lighting Equipment listed in Exhibit 1, under the heading entitled "OUC Installed Lighting Equipment" on the CUSTOMER's property more specifically described in Exhibit 1 (the "Property"), operate and maintain all such Lighting Equipment, and if possible under applicable laws and regulations, provide electric service necessary for the operation of the Lighting Equipment, all in accordance with the rates set forth in Exhibit 1 and the terms and provisions set forth in this Agreement.

Bill CUSTOMER, monthly, for Lighting Service based on the rates set forth in Exhibit 1; provided, however that OUC shall be entitled to adjust the rates charged for Lighting Service as set forth in Exhibit 1. OUC shall annually deliver notice to the CUSTOMER of any such changes to the Lighting Service rates.

SECTION 2: THE CUSTOMER AGREES THAT DURING THE TERM OF THIS AGREEMENT IT SHALL:

Whenever possible under applicable laws and regulations, purchase from OUC all of the electric energy used for the operation of the Lighting Equipment.

Pay by the due date indicated thereon all bills rendered by OUC for Lighting Service provided in accordance with this Agreement.

Trim any and all trees or other foliage that may either obstruct the light output from Lighting Equipment or that may obstruct maintenance access to the Lighting Equipment.

Promptly provide notice to OUC of any inoperative or malfunctioning lights and/or Lighting Equipment installed hereunder via the outage reporting options provided in Exhibit 1, or through subsequent bill inserts or publication in the relevant newspapers of general circulation.

SECTION 3: EASEMENTS AND ACCESS

CUSTOMER hereby grants to OUC an irrevocable right of entry, access, ingress and egress into, over, across, upon and through the Property for purposes of gaining access to the Lighting Equipment. In addition, CUSTOMER hereby grants, transfers and conveys to OUC, an easement over the Property for the purpose of installing, operating, replacing and maintaining the Lighting Equipment as required under this Agreement.

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SECTION 4: THE PARTIES MUTUALLY AGREE:

OUC, while exercising reasonable diligence at all times to furnish Lighting Service hereunder, does not guarantee continuous lighting and will not be liable for any damages for any interruption, deficiency or failure of electric service, and reserves the right to interrupt electric service at any time for necessary repairs to lines or equipment. Further, the parties acknowledge that malfunctions (including burned out bulbs) and acts beyond OUC's reasonable control do occur from time to time, which may result in the failure of illumination of said lights and/ or Lighting Equipment provided hereunder. Although OUC performs routine maintenance and periodic inspections of said Lighting Equipment installed hereunder, it is the responsibility of the CUSTOMER to promptly notify OUC of any inoperative or malfunctioning lights or Lighting Equipment, regardless of whether such condition or malfunction was discovered or should have been discovered by OUC during the performance of such maintenance or inspection. Subject to such notification and its compliance with the provisions of Florida Statutes § 768.1382(2) & (3) (2007), as may be amended from time to time, OUC is not liable and may not be held liable for any civil damages for personal injury, wrongful death, or property damage affected or caused by the malfunction or failure of illumination of such lights or Lighting Services provided hereunder, regardless of whether the malfunction or failure of illumination is alleged or demonstrated to have contributed in any manner to the personal injury, wrongful death, or property damage.

OUC installation of Lighting Equipment shall be made only when, in the judgment of OUC, the location and the type of the Lighting Equipment are, and will continue to be, easily and economically accessible to OUC equipment and personnel for both construction  and  maintenance.  OUC shall not be in default for its failure to perform its obligations under this Agreement to the extent resulting from a Force Majeure Event.  OUC  shall be entitled to an extension of time for the performance of Lighting Service sufficient to overcome the effects of any such Force Majeure Event.

Except as specifically permitted under subsection 4.6 below, modification of the Lighting Equipment provided by OUC under this Agreement may only be made through the execution of an additional Agreement between OUC and CUSTOMER or by written amendment to this Agreement, delineating the modifications to be accomplished and (if applicable) setting out any adjustments to the terms and conditions necessitated by the modification. Notwithstanding anything to the contrary contained herein, CUSTOMER shall not possess or have any direction or control over the physical operation of the Lighting Equipment and the possession of the Lighting Equipment and the direction and control of the physical operation of Lighting Equipment shall be vested exclusively with OUC.

OUC shall, at the request of the CUSTOMER, relocate the Lighting Equipment if provided sufficient rights-of-way or easements  to do  so  and the requested relocation does not negatively affect the ability of OUC to provide Lighting Service. The CUSTOMER shall be responsible for the payment of all costs associated with any such CUSTOMER requested relocation of OUC Lighting Equipment.

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OUC may, at any time and without the need for CUSTOMER's permission, substitute any luminaire/lamp installed hereunder with another luminaire/lamp which shall be of at least equal illuminating capacity and efficiency.

OUC shall retain all title right and ownership interest in the Lighting Equipment and shall be responsible to repair or replace (and assumes all risk of loss) for any damage to any Lighting Equipment provided pursuant to this Agreement; provided, however that notwithstanding the foregoing, OUC shall not be responsible for and the CUSTOMER agrees to take responsibility for, the cost incurred to repair or replace any Lighting Equipment that has been damaged by CUSTOMER, its employees, agents, invitees or licensees or any other third party in which case OUC shall not be required to make such repair or replacement prior to payment by the CUSTOMER for damage. Responsibility to repair or replace damage to any CUSTOMER installed Lighting Equipment transfers to OUC upon inspection and acceptance of the fully installed and energized Lighting Equipment by OUC's Lighting Inspector.

Should the CUSTOMER fail to pay any bills due and rendered pursuant to this Agreement or otherwise fail to perform its obligations contained in this Agreement, said obligations being material and going to the essence of this Agreement, OUC may cease to supply the Lighting Service until the CUSTOMER has paid the bills due and rendered or has fully cured such other breach of this Agreement. Any failure of OUC to exercise its rights hereunder shall not be deemed a waiver of such rights. It is understood, however, that such discontinuance of the supplying of the Lighting Service shall not constitute a breach of this Agreement by OUC, nor shall it relieve the CUSTOMER of the obligation to perform any of the terms and conditions of this Agreement.

CUSTOMER shall be entitled to assign its rights under this Agreement to the CUSTOMER's successor in title to the Property upon which the Lighting Equipment are installed with the written consent of OUC, which shall not be unreasonably withheld. No assignment shall relieve the CUSTOMER from its obligations hereunder until such obligations have been assumed by the Purchaser in writing and agreed to by OUC.

This Agreement supersedes all previous Agreements or representations, either written, oral or otherwise between the CUSTOMER and OUC, with respect to the Lighting Service referenced herein and along with OUC's electric service tariffs, constitutes the entire Agreement between the parties. This Agreement does not create any rights or provide any remedies to third parties or create any additional duty, obligation or undertakings by OUC to third parties.

CUSTOMER recognizes and agrees that it is ultimately responsible for the payment of all sales, municipal, use, excise, gross receipts and other taxes that may apply to, or be imposed upon, the transaction that is the subject of this Agreement, if any, irrespective of when such taxes may be charged or assessed against OUC. Any non-collection or non-assessment of such taxes by OUC contemporaneously with the occurrence of the transaction shall not waive, release or diminish CUSTOMER's ultimate responsibility
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for the payment thereof, irrespective of whether such taxes are later charged or assessed by OUC or the applicable taxing authority(ies).

This Agreement shall inure to the benefit of, and be binding upon the successors and permitted assigns of the CUSTOMER and OUC.

OUC will exercise reasonable efforts to furnish Lighting Service hereunder in a manner which will allow continuous operation of the Lighting Equipment, but OUC does not warrant the continuous operation of the Lighting Equipment and shall not be liable for any damages for any interruption, deficiency or failure of Lighting Equipment. Notwithstanding any other provision of this Agreement, in no event shall OUC have any liability to CUSTOMER under this Agreement, whether based in contract, in tort (including negligence and strict liability) or otherwise, for: (a) any special, incidental, indirect, exemplary or consequential damages; (b) damages with respect to costs of capital, costs of replacement power, loss of profits or revenues, or loss of use of plant or equipment, irrespective of whether such damages may be categorized as direct, special, consequential, incidental, indirect, exemplary or otherwise.

CUSTOMER shall locate and advise OUC, its agents, employees, servants or subcontractors, through the provision of an accurate map and other necessary written descriptions, of the exact location of all underground facilities, including, but not limited to: sewage pipes, septic tanks, walls, swimming pools, sprinkler systems, conduits, cables, valves, lines, fuel storage tanks, and storm drainage systems ("Underground Facilities") at the installation site at least two (2) days prior to the commencement of any work by OUC at the installation site. Any and all cost or liability for damage to Underground Facilities by OUC that were not properly identified by the CUSTOMER, as described under this paragraph, shall be paid by the CUSTOMER. Except for those claims, losses and damages arising out of OUC's sole negligence, the CUSTOMER agrees to defend, at its own expense and indemnify OUC, its respective commissioner, officers, agents, employees, servants, contractors for any and all claims, losses and damages, including attorney's fees and costs, which arise or are alleged to have arisen out of furnishing, design, installation, operation, maintenance or removal of the Lighting Equipment.

SECTION   5:  TERM,  EFFECTIVE	DATE,  INSTALLATION	DATE, AMENDMENT, TERMINATION AND BILLING

The initial term of this Agreement (the 'Term") shall be for twenty (20) years, and thereafter shall automatically renew for successive terms of ten
(10) years hence, unless terminated by written notice of such intention from either party to the other at least sixty (60) days prior to expiration date of the initial term or subsequent terms. The initial term shall begin upon the due date of the first monthly invoice (bill) delivered to CUSTOMER for installed lighting or the capital investment portion of the Monthly Lighting Service Charge as set forth in section 5.3 hereinbelow, which ever occurs first, and shall terminate at the end Two Hundred Forty (240) consecutive Billing Cycles thereafter, unless extended or otherwise modified pursuant to the provisions herein. In the event that a phased installation of Lighting Equipment is to be provided by OUC by means of the Phase Installation
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Plan described in Exhibit 1, each development phase completed shall have its own Term (which shall commence and terminate as set forth above in this paragraph) and Installation Date under this Agreement.

The effective date of this Agreement shall be the date of execution by the CUSTOMER or OUC, whichever is later.

	If OUC is ready and able to begin installation of the Lighting Equipment on the Installation Date, and the CUSTOMER is not ready and able to accept installation of the Lighting Equipment, OUC shall bill CUSTOMER monthly for the capital investment portion of the Monthly Lighting Service Charge, until such time as the CUSTOMER is able to commence accepting installation as set forth herein. CUSTOMER may change the Installation Date by providing OUC written notice of the new Installation Date no later than one hundred (100) days prior to the original Installation Date; however, in no event shall the new Installation Date exceed six (6) months from the original Installation Date. Provided that written notice is received by OUC at least 100 days prior to the original installation date, CUSTOMER shall not be responsible for paying the monthly bill for the capital investment portion of the Lighting Service Charge. Notwithstanding any of the foregoing, the CUSTOMER shall be liable for paying the monthly bill for the capital investment portion of the Monthly Lighting Service Charge if CUSTOMER is not ready and able to accept installation of the Lighting Equipment on the new Installation Date or the date ending six (6) months after the original Installation Date, whichever occurs first. OUC reserves the right to adjust pricing when CUSTOMER changes the original Installation Date.

This Agreement may only be amended in writing and such amendment must be executed with the same degree of formality as this Agreement. Notwithstanding the foregoing, the annual adjustment to rates as set forth in Exhibit 1 shall not require an amendment to this Agreement provided such annual rate adjustment does not exceed three percent (3%) over the prior year's rate.

The CUSTOMER may opt to terminate the Agreement at the end of the initial or subsequent Terms by providing to OUC at least sixty (60) days advance written notice. In the event that CUSTOMER terminates this agreement before the end of the initial or subsequent Terms, CUSTOMER shall be liable to OUC for the capital investment portion of the Monthly Lighting Service Charge set forth in Exhibit 1 for the remainder of the Term and all direct and consequential damages incurred by OUC as a result of such early termination, including the cost incurred by OUC to remove the Lighting Equipment. In addition to the foregoing, OUC shall have the right to pursue all other remedies or damages available at law or in equity. OUC may terminate this Agreement if at any time during the Term a final court decision is issued, an Internal Revenue Service ruling is issued, or a change in the applicable statutes or regulations occurs, any of which in the reasonable opinion of OUC's general counsel, results in the continued existence of this Agreement having a material adverse effect on OUC's ability to issue tax exempt bonds. Any such termination shall be made by 30 days' prior written notice from OUC to CUSTOMER. The CUSTOMER will be responsible for the cost incurred by OUC to remove the Lighting
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Equipment. OUC shall issue a bill to the CUSTOMER for removal costs once removal has been completed.

Billing shall commence upon the energization of the first lights or as set forth in section 5.3 above.

SECTION 6: MISCELLANEOUS

Governing Law: The validity, construction, and performance of this agreement, shall be in accordance with the laws of the State of Florida without application of its choice-of-law rules.

Severability: If any provision of this Agreement shall be held void, voidable, invalid or inoperative, no other provision of this Agreement shall be affected as a result thereof, and accordingly, the remaining provisions of this Agreement shall remain in full force and effect as though such void, voidable, invalid or inoperative provision had not been contained herein.

Notices: All notices permitted or required to be given under this Agreement shall be in writing and shall be deemed given and received: (a) five (5) days after such notice has been deposited in the United States Mail, certified, return receipt requested, with proper postage affixed thereto if the recipient is also provided a facsimile transmittal on the same date as mailed, otherwise, when the recipient receives the U.S. Mail transmittal, (b) one (1) Business day after such notice has been deposited with Federal Express, Express Mail, or other expedited mail or package delivery service guaranteeing delivery no later than the next Business Day, or (c) upon hand delivery to the appropriate address and person as herein provided if a receipt evidencing delivery has been retained. "Electronic mail" shall not be considered a "writing" for purposes hereof. All notices shall be delivered or sent to the Parties at their respective address(es) or number(s) shown below or to such other address(es) or number(s) as a Party may designate by prior written notice given in accordance with this provision to the other Party:

lfto OUC:

Orlando Utilities Commission 100 West Anderson Street Orlando, Florida 32801
Attention: Office of The General Counsel If to Customer:

Attention: 	_

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Entire Agreement: This Agreement contains the entire agreement between the Parties with respect to the subject matter hereof, and supersedes any and all prior contemporaneous written and oral agreements, proposals, negotiations, understanding and representations pertaining to the subject matter hereof.

Time Is Of The Essence: Time is hereby declared of the essence as to all time periods set forth in this Agreement.

Waiver: The failure of a party to insist on strict performance of any provision under this Agreement, or to take advantage of any right hereunder shall not be construed as a waiver of future violations of such provision or right. Any waiver at any time by any party hereto of its rights with respect to the other party, or with respect to any matter arising in connection with this Agreement shall not be considered a waiver of any such rights or matters at any subsequent time.

OUC may allow, upon request, the installation of a camera on its poles under the following circumstances:

OUC will not be responsible for the installation, maintenance, or removal of any camera nor will OUC provide electricity to power such camera unless metered.
The camera will be securely installed high enough on the pole so as not to impede vehicle or pedestrian flow and low enough as to not interfere with any purpose of the pole whether lighting, wire support or both.
OUC will expect to recover any costs incurred due to any damage caused by allowing this accommodation.
The installer, camera owner, and/or party instigating this action shall indemnify, save and hold OUC harmless from all loss, damage, claims, liability and expense whatsoever arising from this activity.

7. The Customer shall have the right, from time to time as the Customer shall deem appropriate, to hang banners, signs, flags and holiday decorations (collectively the "Banners") from banner arms to be attached by the Customer to the Lighting Facilities; provided, however, that same shall comply in all respects with applicable laws and regulations. Said banner arms shall be of the type and size consistent with the wind loading capabilities of the Lighting Facilities and shall be pre-approved by OUC (the "Banner Arms"). The Customer shall be responsible for acquiring, installing and maintaining all the Banner Arms. The Customer shall be responsible to repair or replace (and assumes all risk of loss) for any damage to any Banner Arms. Notwithstanding anything herein to the contrary, in the event the Lighting Facilities are damaged by the Banners or the Banner Arms the Customer shall be liable to OUC for said damage. OUC shall not be liable for any permits, fees or liabilities (of whatever kind or nature) related to the Banner Arms or the Banners placed thereon, including but not limited to the content of Banners. Notwithstanding anything herein to the contrary, the parties agree that OUC shall not be liable for any claim, demand, liability, judgment, action or right of action, of whatever kind or nature, either in law or equity, arising from or by reason of any type of liability including but not limited to contractual liability, bodily injury or personal injuries, death, or occurrence due to placement of the
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Banners and/or the Banner Arms on the Lighting Facilities. Customer shall to the maximum extent permitted by law defend, indemnify, and hold harmless OUC, its officers, directors, and employees from and against all claims, damages, losses, and expenses, (including but not limited to fees and charges of attorneys or other professionals and court and arbitration or other dispute resolution costs) arising out of or resulting from injury or death of third parties (including OUC employees and agents), or damage to property caused by placement of Banners and the Banner Arms by the Customer on the Lighting Facilities.

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Now, therefore, the parties enter into this Agreement as of the dates of execution indicated below.

OLD    HICKORY	COMMUNITY	DEVELOPMENT	DISTRICT

Federal ID# 85-1063841
By: 	_

Name: - - - - - - - - - - - -
Title:_ _ _ _ _ _ _ _ _ _ _ _

Date: 	_

WITNESSES:

By: 	_

Name:- - - - - - - - - - -
Title: 	_

By: 	_

Name: 	_
Title: 	_

STATE OF FLORIDA
COUNTY OF 	_

The  foregoing  instrument  was  acknowledged  before  me  by  means of [	] physical

presence   or  [  ]   online  notarization  on  this		day of by 	as

_ _ _ _ _ _ ,

20_,

of	. She/He is personally known to me or has produced
_  _  _  _  _  _  _  _  _  _  _	as identification.

(Notarial Seal)
Notary Public, State of Florida

Print Name: _

_ _ _

_ _ _ _

10

ORLANDO UTILITIES COMMISSION

By:_ _ _ _

_ _ _

_ _ _ _ _

Name:	Clint Bullock
Title:	General Manager/CEO Date: - - - - - - - - - - -
ATTEST:	By: 	_

Name: Title:

Paula A. Velasquez Assistant Secretary

WITNESSES:

By: 		_ Name: 	_
Title: 	_

By: 		_ Name: 	_ Title:-----------

STATE OF FLORIDA COUNTY OF ORANGE

The  foregoing   instrument   was  acknowledged   before   me  by   means of  [	]  physical
presence or [  ] online notarization on this 		day of 	,20_, by CLINT
BULLOCK, as General Manager, CEO of Orlando Utilities Commission, a Florida statutory commission, on behalf said Commission. He is personally known to me or has produced
 	 as identification.

(Notarial Seal)

Notary Public, State of Florida Print Name: -------

11

EXHIBIT 1
LIGHTING SERVICE FEES:

RATE PER MONTH

Monthly Lighting Service Charge:
Capital Investment Maintenance
Fuel and Energy
Total	***

$ 3956.68
$	662.20
$	130.89
$ 4749.77

Upfront Payment	$0.00

Initial Term Charges include Capital Investment, Fuel and Energy, and Maintenance Costs, Subsequent Term Charges include Fuel and Energy, and Maintenance Costs.

*** From time to time, modifications to the original contract design ("Design Modifications") may be necessary to accommodate local site requirements or other changes which were not anticipated by either party during the original contracting phase. Actual billed amount will be based on the as-built drawings which reflect the Design Modifications.

If the increase in the actual billed amount due to the Design Modifications is up to and including 10% of the Agreement's original capital investment charge, Customer hereby assumes responsibility for payment of such charge increase without need for notification from OUC or further consent from Customer regarding same.

If the increase in the actual billed amount due to the Design Modifications exceeds 10% of the Agreement's original capital investment charge, OUC will send to Customer completed Exhibit 2 reflecting such increase and both OUC and Customer shall execute same.

ANNUAL RATE ADJUSTMENT

Taxes may be adjusted periodically. The fees established in this Exhibit 1 may be adjusted by OUC to reflect changes in electric rates, subject to review and approval by the Florida Public Service Commission. The rates for maintenance shall not change by more than three percent  (3%) over the prior year's rate. The capital investment portion of the Monthly Lighting Service Charge shall remain fixed for the term of this Agreement.

LIGHTING SERVICE

The Lighting Service shall provide to CUSTOMER the foot candle lighting output (illuminating capacity) produced from the installation, operation and maintenance of the Lighting Equipment described below or such other functionally equivalent alternative lighting equipment as may be determined by OUC in its sole discretion, provided that such alternative lighting equipment provides the same illuminating capacity as the Lighting Equipment specified below.

12

LIGHTING EQUIPMENT

OUC Installed Lighting Equipment:

(140) 13'  VICTORIA II POLES/	OUC STOCK# 036-21513
(140) 39W LED WASHINGTON HOUSING/ OUC STOCK# 036-23249
(140) WASHINGTON CLEAR FINIAL TYPE 3 / OUC STOCK# 036-26212 All associated poles, fixtures, parts, wires, photocells, and controllers

CUSTOMER Installed Lighting Equipment:

The CUSTOMER is responsible for the installation of the conduit, junction boxes, and bases per OUC specifications. A conduit design layout will be provided to the customer upon full execution of this agreement.

PHASED INSTALLATION PLAN All INSTALLED

13

EXHIBIT 1 (continued)

OUTAGE REPORTING

Light out Telephone Number- 407-737-4222
Light out Web Address - http://www.ouc.com/customer-support/outages-and-problems/report-a­ streetlight-outage

LEGAL DESCRIPTION OF THE PROPERTY

PARCEL ID# 13-26-30-0117-0001-00IO
OLD HICKORY PH 1 & 2 PB 29 PGS 13-24 TRACT I STORMWATER

PROPERTY/ PREMISE LOCATION INFORMATION

Premise Name: Premise Address: City, State, Zip:

   OLD HICKORY PH. 1 & 2	
   PEG CT	
   SAINT CLOUD, FL 34772	

Premise Number	 	

BILLING INFORMATION

Billing Contact Name:	  	  Billing Address:	  	                                                                                                                      City, State, Zip:	  	  Billing Contact Name:	  	 Billing Contact Phone:	 	                                                                                                     Federal Tax ID:	 85-1063841	

ADDITIONAL ACCOUNT INFORMATION TO BE FILLED BY OUC

Customer Account Number:

-57-70-30-916-7 - - - - - - - - - - - - - - -

Work Request No:

_7_0_7_8_5_6_   _   _   _   _   _   _   _   _   _   _   _   _   _   _   _   _

Comments:	 	

14

Certificate of Completion (Exhibit 2)

Notice of Modification to Original Contract Design

Project W.O. #_ _

_ _ _

_ _ OUC Account#_ _

_ _ _ _

_ _ _

Project Name: _ _

_ _ _

_ _ _

_ _ _ _

_ _ _

_ _ _ _ _ _

Customer/Account Name- - - - - - - - - - - - - - - - - -

Original Monthly Lighting Service Charges. Poles, Fixtures & Installation Scope:

Investment_ _ _ _

_	Maintenance_ _

_  _	Fuel & Energy 	_

[Insert Original Streetlight Fixture/Pole Type/Quantity Bill of Material]

Amended Monthly Lighting Service Charges per As-Built. Poles, Fixtures & Installation Scope:

Investment_ _

_  _  _	Maintenance_ _

_  _  _	Fuel & Energy 	_

[Insert As Built Streetlight Fixture/Pole Type/Quantity Bill of Material]

Authorized OUC Representative

Signature:  	

Printed    Name:  -----------------------
Titie:         ---------------------------
Da te:   -	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Authorized Customer Representative

Signature: _ _

_ _ _

_ _ _ _

_ _ _

_ _ _ _

_ _ _

_ _ _ _ _ _

Printed Name:  	 Title:  		

Date: _ _ _

_ _ _

_ _ _ _

_ _ _

_ _ _ _

_ _ _

_ _ _ _ _ _

15

S ECTION VI11

S	E C	TION A

S ECTION 1

- P

LATHAM, LUNA, EDEN &  BEAUDINE,11
---	Celebrating 25 Years --­
ATTORNEYS	AT	LAW
MEMORANDUM

To: From:

Date: Subject:

District Manager, District Engineer

District Counsel -Jan A.Carpenter, Esq.
Kristen E. Trucco, Esq.

October 2021

New Statutory Requirement 
Wastewater Services and Stormwater Management Needs Analysis (Chapter 2021-194, Laws of Florida/HB53)

A new law went into effect on July 1, 2021, which impacts most community development districts (and other governments) in the state. The law is the result of the legislature's determination that there is a need for long-term planning for the state's wastewater and stonnwater systems. The law requires governments that either own or operate storrnwater management systems and/or wastewater systems to create a 20-year "needs analysis" of such system(s). The requirements relating to wastewater systems are found in Section 4 of Chapter 2021-194, Laws of Florida, which creates a new statutory Section 403.9301, Florida Statutes, and the requirements relating to stonnwater management programs and systems are found in Section 5 of Chapter 2021-194, Laws of Florida, which creates a new statutory Section 403.9302, Florida Statutes (the law is attached for reference).

A brief summary of the new law and its requirements is set forth below. Please feel free to contact us with any questions.

Summa,,r of the Law

The new law establishes a requirement that each special district prepare a rather detailed 20-year needs analysis, for its wastewater and stormwater systems. The Office of Economic and Demographic Research ("OEDR") is expected to promulgate additional details about the requirements of the needs analysis. A basic template for the report has been provided by OEDR, but instructions for completing the template are not yet available.

LATHAM. L UNA, EDEN & BEAUDINE , LLP

October 12, 2021
Page 2

For wastewater services, the needs analysis for a special district must include:

A detailed description of the facilities used to provide wastewater services.
The number of current and projected connections and residents served calculated in 5-year increments.
The current and projected service area for wastewater services.
The current and projected cost of providing wastewater services calculated in 5-year increments.
The estimated remaining useful life of each facility or its major components.
The most recent 5-year history of annual contributions to, expenditures from, and balances of any capital account for maintenance or expansion of any facility or its major components.
The local government's plan to fund the maintenance or expansion of any facility or its major components, The plan must include historical and estimated future revenues and expenditures with an evaluation ofhow the local government expects to close any projected funding gap.
For stormwater management programs and stormwater management systems, the needs analysis must include:

A detailed description of the stormwater management program or stonnwater management system and its facilities and projects.
The number of current and projected residents served calculated in 5-year increments.
The current and projected service area for the stonnwater management program or stonnwater management system.
The current and projected cost of providing services calculated in 5-year increments.
The estimated remaining useful life of each facility or its major components.
The most recent 5-year history of annual contributions to, expenditures from, and balances of any capital account for maintenance or expansion of any facility or its major components.
The local government's plan to fund the maintenance or expansion of any facility or its major components. The plan must include historical and estimated future revenues and expenditures with an evaluation of how the local government expects to close any projected funding gap.

Timing.  for Reports
For both wastewater and stormwater systems, the first needs analysis must be developed by June 30,
2022, with a new or updated  analysis  due every five (5) years thereafter.  The needs analysis, along with

LATHAM, LUN A, EDEN & B EAUDINE, LLP

October 12, 2021
Page 3

the methodology and any supporting data necessary to interpret the results, must be submitted to the county in which the largest portion of the wastewater service area or stonnwater system is located. The county then compiles all the reports and submits a compiled document to the OEDR by July 31, 2022.

Recommendation
The District Engineer and District Manager should review the new statutes and the OEDR Stormwater Template (and the accompanying Stormwater Template Overview) to evaluate the data that will need to be collected about the system(s).
By the next CDD meeting (or no later than a January meeting), the District Engineer should submit a proposal to the Board of Supervisors for creating the needs analysis report. The District Manager  may also need to submit a cost proposal to assist the District Engineer with the required financing and budgeting data. The District Engineer should alert the Board of Supervisors if outside consulting  work will be necessary. The deadline for the District's submission is only 8 months away, so this process needs to be started fairly quickly. The District Engineer and District Manager may have questions for the Board along the way due to funding and replacement reserve issues.  There is no allowance for late reporting, so it is important not to miss the June 30, 2022 filing deadline.

, -

CHAPTER 2021-194

Committee Substitute for Committee Substitute for Committee Substitute for House Bill No. 53

An act relating to public works; amending s. 255.0991, F.S.; revising a prohibition relating to any solicitation for construction services paid for with state appropriated funds; amending s. 255.0992, F.S.; revising the definition of the term "public works project"; prohibiting the state or any political subdivision that contracts for a public works project from taking specified action against certain persons that are engaged in a public works project or have submitted a bid for such a project; providing applicability; amending s. 403.928, F.S.; requiring the Office of Economic and Demo­ graphic Research to include an analysis of certain expenditures in its annual assessment; creating s. 403.9301, F.S.; providing definitions; requiring counties, municipalities, and special districts that provide wastewater services to develop a needs analysis that includes certain information by a specified date; requiring municipalities and special districts to submit such analyses to a certain county; requiring the county to file a compiled document with the coordinator of the Office of Economic and Demographic Research by a specified date; requiring the office to evaluate the document and include an analysis in its annual assessment; providing applicability; creating s. 403.9302, F.S.; providing definitions; requiring counties, municipalities, and special districts that provide stormwater management to develop a needs analysis that includes certain information by a specified date; requiring municipalities and special districts to submit such analyses to a certain county; requiring the county to file a compiled document with the Secretary of Environmental Protection and the coordinator of the Office ofEconomic and Demographic Research by a specified date; requiring the office to evaluate the document and include an analysis in its annual assessment; providing applicability; providing a determination and declaration of important state interest; providing an effective date.
Be It Enacted by the Legislature of the State of Florida:
Section 1. Subsection (2) of section 255.0991, Florida Statutes, is amended to read:
255.0991 Contracts for construction services; prohibited local govern­ ment preferences.-
(2) For mu: ft competitive solicitation for construction services paid for with any i.f1 whieh eO pe:reeat 8l' me:re of the east will be paid-f:rem state­ appropriated funds whieh hEWe been a.ppPopria:tea et the time ef the eefftf)eti-tk'e solieita.tian, a state college, county, municipality, school district, or other political subdivision of the state may not use a local ordinance or regulation   to   preven t   a  certified-  ,  licensed;  or   r egist ered   contr actor .
1
CODING: Words stricken are deletions; words under lined. are additions.

Ch. 2021-194	LAWS OF FLORIDA	Ch. 2021-194

subcontractor. or mat&_rial BUJ)Plier or carrier, from particiJ>ating in the 
biddmg	ro that fll'e·litics a ppefereaee based upon:
The eeMPB:et8l''s Maintaining an office or place of business within a particular local jurisdiction;
Tho eeB:tit'e:eter's Hiring employees or subcontractors from within a particular local jurisdiction; or
The eOR-tPeeter's Prior payment of local taxes, assessments, or duties within a particular local jurisdiction.
Section 2. Paragraph (b) of subsection (1) and subsections (2) and (3) of section 255.0992, Florida Statutes, are amended to read:
255.0992 Public works projects; prohibited governmental actions.­
(!)	As used in this section, the term:
(b) "Public works project" means an activity  too:eedinf  $1  million  in value that isofwhieh eQ fle!'eeftt OF mo£e of the eost will be paid for with any fl'em state appropriated funds that · were eppf'Oflrieteel at the time of the eomf)etitive solieitntio:a and which consists of the construction, mainte­
nance, repair, renovation, remodeling, or improvement of a building, road, street, sewer, storm drain, water system, site development, irrigation system, reclamation project, gas or electrical distribution system, gas or electrical substation, or other facility, project, or portion thereof that is owned in whole or in part by any political subdivision.
W Except as required by federal or state law, the state or any political subdivision that contracts for a public works project may not take the following actions:
(al Prevent a certifieq. Ii ns or re i .... red con actor bcontractor or  material  surmli·· t ...QLcarri er1   from  particiJ. l  tin g_ in    the      hiddin..,g .n:r..ru::.est:? bas .d 0D..tli1Lge..Qg1aphic location of the C.9IQil._8JlY headg_g. ;r offic §_Qf the  contr ctor,  subcontractor, OJ.: material SUl;!plier or c!roier_ su.bmitting  a bid on a public works project or the residences of employees of such t:..Qntractor, subcontr_  ct  or._or ui.at_mial..JitJP.nlL ..or_carrier.       ·   ·
(hl	Require that a contractor, subcontractor, or material supplier  or carrier engaged in 1!..lll,!Q_lic		.seelr project:
Pay employees a predetermined amount of wages or prescribe any wage rate;
Provide employees a specified type, amount, or rate of employee benefits;
Control, limit, or expand staffing; or
2
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Ch. 2021-194	LAWS OF FLORIDA	Ch. 2021-194

Recruit, train, or hire employees from a designated, restricted, or single source.
u;}fh} The state al' any palitieal subdi'lisieft that eeBtraets for a publie werks prejeet may Bet Prohibit any contractor, subcontractor, or material supplier or carrier able to perform such work that wh.e is qualified, licensed, or certified as required by state or local law to perform such work from receiving information about public works onportunities or from submitting a bid on the public works project. This paragraph does not apply to vendors listed under ss. 287.133 and 287.134.
This section does not apply to the following:
utl Contracts executed under chapter 337.
(b) Ause authorized by  s.  212.055(1)  which  is  approved  by  a  majority vote of the electorateof thecoun.tl' or b,y a charter aJ®.ndment am,rov filll,_a m.ajo..ri.ty_yqt;e of the electorate of the county:.
Section 3. Paragraph (e) is added to subsection (1) of section 403.928, Florida Statutes, to read:
403.928 Assessment of water resources and conservation  lands.-The Office of Economic and Demographic Research shall conduct an annual assessment of Florida's water resources and conservation lands.
WATER RESOURCES.-The assessment must include all of the following:

Section 4. Section 403.9301, Florida Statutes, is created to read: 4-	    L   W3.ittewa tf!.r.s  ces projections.-
f1) The Legislature intends for each county, municipality, or special district  providine;:w  aste    water  services to create  a  20-year  needs analysis.
. .As usedi n this section, the term:
fa) "Domestic wastewate r" has the same meaning as provided in s.
367.021.
b     "Facilit  "   means   an     e   ui   ment    tr  cture	eLru"operty, in" m.ding sewerage systems  and  tre tmJl.nt work_s_,_us ecl. to   P.royide  waste• water services,.
(cl "Treatment works" has the same meanin g as provided in s. 403.031(11>,
3
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Ch. 2021-194	LAWS OF FLORIDA	Ch.  2021-194

(d) ''Wastewater services" means service to a sewerage system as defrne.d.in...s...AOB.031.{9):. o  serrh e to domestic wastew:§YlLtm.atmentworks;
@_ _1uuL.3.0..-2..0.2.2.     IDld  eveq   s	the.r.e.aoo   h..c
municipality,	i.aldistrict providing wat1.tmD.ter services shall develop
.LruJJ1  analysis for  its  juris.dk  tio11-..2ver  the  subsequent 2Q_ y	.._In.
prQ]ecting sqch needs. each		vernment shall include the...fQJlowin1:
(ar A detailed descrjption of the facilities used to provide wastewater
.s.e.r.Ym,
Ih! The munber of current and nro iecteJ omiections . and residents served c;tl. Ylare.Liu. 5.=n§r increments.
{c    _The cu r:rgp_t_fil!d pro cte_d	Sfil:'lie_e....arga fo..r.V!lID1te     aj&r  servi<:es.

(dl

The_gin:e_n_t J!J1c;J _pr

-d im1;_.of...pr.oyiding_	tgr __aemc.el'!

 lculated in 5-eyear incre1J1.Jt
{e) The filili.m..ate.d.._I:filnaining useful life..of a.am facility or its major
components.
<fl  . The m2st recent 5->7ear histocy of annual contributions  to, expendi­
tures  from,  and  balances   of   m1Y  cal)ital  account   for rol!mtenanc.e._or
  ansion of anY,facilitv Q.r its major components.
(gf The local government's plan to fun llt.he..m.mnten an ce or ex1mnsion of any facility-2.r_it!i.Jp..J!io.r:.J;.om_p.Q.1le11ts.J'.he_Jilim.Jn st include hi..s.tm;:ical an
estimate d_fu   	_   _n n ues and e;iq;,endi.t!tres with an evaluation of !J.ow the 
local government expects to close projecj&d funding.gap.
i LJJno» c2m.nleting the_re qyj.r.e:rµent s of subsection t3l, . each..IDJ.mici: JUtllil' or special district shall submit its needs analysis, as well as the methodoloa and any su,p:porting data necestm!:Y-1;Q interpret th1u: lts...t9 the county within which the largest ;DQrtion of its se ...a.r.eB_js located. Each county shall con;m.ile all analyses submi d toit under this subsection into a sin le document and include it.un!m analysis in the document, The co shall filtLthe_c mpi)ed docu with the_1<QQigjnator of the OfficeJ)f Economic and Demographic Research no later than July 31. 2022, and every
§ years thereafter.	· ·
(51 The Office of Economic and Demogra-phic Research shall evaluate the compiled documents from the counties for the purpose of developing a statewide . analysis for inclusion in the assessment due January 1, 2023, pursuant  to s, 403.Q28.	·
WJ. _Thi s .§ection ap.J2}.:ies to a rural area of om,ortunity as defined_iu..§.. 288.0656 unless the reguirements of this section would create an undue economic hardshiP for the county, munici pality. .QL.§llecial district in the rural area of opportunity,
4
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Ch. 2021-194	LAWS OF FLORIDA	Ch. 2021-194

Section 5. Section 403.9302, Florida Statutes, is created to read: 40S..9302 Stormwater mruu ,gement proj ctiQ.ns.
ill_The Legislature intends for each co muni&inality,. or special district providing a stormwater man11gement program Qt stormwa;ter mana@Illent a)'Stem to create a 20-year needs analysis.
(2) As used in this section, the term:
<a> "Facility" m...filillL.aJlY equipment, structure; or otb,er property, including conveyance  systems,. used or useful in  connection  with providing
.a  stormwater  management  nrog;ram or stormwater  management  system. ·
  Stormwater management program" has the same meaning as provided in s. 403.03Hl5).
(;cJ "Stormwater mana{telnem smem'.'....h s the same meaning as ll Q:
vided  in s. 403.03Hl6).	..
'3> By June 30, 2022, and every 5 years thereafter, each county, municipality, or speci L.P.ifiln ..J2roviding a stormwater management program or stormwater mana¢ement syste..D.1...ihalLdevelop a m ds analysis for its jurisdiction over the subsegQent 20 years..In projecting such needs, each local government  m;ill.include the following:.	·
taJ A detailed description.of the stormwater management program or stormwater management system and its facilities and 1m1Jects.
Cb.} The numh.er of cw-r§lt ail..Q.Rr.Qj cte,µ_r dentsserved calcu.latedjn 5.:: year increments.
(c} The current and projected service area for the stormwater manage­ ment grogr,am or stormwater management systetlh
,   (d  )   The current andprojected  cost of:providing:seryices cal.culated in  5-
 ar	increme _n.gi,	·
(e'l The estimated remaining useful life of each facility or its major components.
ifl._The mosj; reJ;ent.Ji-yfill..rlriffW.ILOf annual contributions to,. expendi
tures from. and balances o. f any capital account for maintenance or
ex_pansion of any facility or its maior components.
(g) The local government's plan to fund the maintenance or expansion of any facili or its _.mfil.Q!'   om  onents. The .Plan mp.st include historical and estimated future revenues and ex enditures with an ev ation of how the locaLgoyernment expects to close any proiected funding ga;p.	·
Upon completing the requirements of subsection (3 ). each munic
pality or special district shall submit its needs analysis. as well as the \
6
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Ch. 202h194	LAWS OF FLORIDA	Ch. 2021-194

methodology and any sum,>orting data necessary to interpret the results, to the.county ·within which.the largest nortiQn of its stormwater management program or stormwater mana ment system is loc13,ted, Eru;h..co.\mtx:.fil.lllll compile alumalyses submitted to it under this subsection into a single document and include its own anal!sis in the document, The county shall file th.e..com,piled documen.t with the SecretaryofEnYID>n'{llen al Protection lffl..d the coQI'.p.inat;or of the Office of E™ffli and Demographic Resear.J<h.no..hter. than July 3 , 2022, and every 5 years thereafter.
· The Office ofEcgnomic and Demographic Research shall evaluate the co;nmiled documents from the counties for th.e_nurp of develqping a sta .w!.d   lY..m..im:.Jnclu!lfa.n.  _in_theJ       i; :rp.f.nt  due  January 1.,...2!.123, pursuant to s. 403J 28.
\6) This section ajiiplies to a rural area of opportunity as defined in s. 288.0656 unless the reQuirements of this section would create an undue economic hm: hln. for thlLc@D.t.X....Pl..l.lru.ci.l?s!lit !<ial.._gistrict in the rural area of w.nnmm:itx.
Section 6. The Legislature determines and declares that this act fulfills
fill imgoxtant state interest.
Section 7. This act shall take effect July 1, 2021. Approved by the Governor June 29, 2021.
Filed in Office Secretary of State June 29, 2021.

6
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S ECTION 8

SECTION 1

This item will be provided under separat e cover

S ECTION C

S ECTION 1

Old Hickory
Community Development District

Summary of Checks

October 1, 2021 to January 31, 2022

	Bank	Date	Check#	Amount	
	
General Fund	
10/1/21	
86-91	
$	14,626.70	
		10/6/21	92	$	1,334.63	
		10/15/21	93	$	175.00	
		10/21/21	94	$	31.72	
		10/29/21	95	$	93.07	
		11/4/21	96-97	$	1,948.79	
		11/16/21	98-102	$	3,419.32	
		11/18/21	103	$	31.94	
		11/23/21	104-112	$	173,862.42	
		12/2/21	113	$	798.87	
		12/9/21	114-118	$	77,611.99	
		12/10/21	119	$	4,604.67	
		12/27/21	120	$	47,924.30	
		1/6/22	121-125	$	14,532.12	
		1/11/22	126	$	4,610.54	
		1/12/22	127-128	$	18,146.16	
		1/26/22	129	$	279.77	
				$	364,032.01	
	Payroll Fund	October 2021			
		Adam Morgan	50006	$	184.70	
		Patrick Bonin Jr.	50007	$	184.70	
				$	369.40	
				$	364,401.41 1	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 2/01/22
*** CHECK DATES 10/01/2021 - 01/31/2022 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND

PAGE	1

CHECK  VEND# .....INVOICE••••••..EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

STATUS

AMOUNT	•.••CHECK..•.•
AMOUNT	#

10/01/21 00010

10/01/21 00009

8/31/21 196639	202108 320-53800-47000
AQUATIC PLANT MGMT AUG21
APPLIED AQUATICS MANAGEMENT INC
9/01/21 95779	202109 320-53800-46200
LAWN MAINTENANCE SEP21

*	1,295.00
- - - - - - - - - - -1-,2-95.-0-0 000086
*	6,921.00

FLORALAWN 2, LLC
10/01/21 99999 10/01/21 VOID	202110 000-00000-00000
VOID CHECK

- - - -  -  -  -  -  -  -  -6,-92-1-.00-
C	.00

0- 00- 08-7

10/01/21 00001

******INVALID VENDOR NUMBER******
9/01/2126	202109 310-51300-34000
MANAGEMENT FEES SEP21 9/01/2126	202109 310-51300-35100
INFORMATION TECH SEP21 9/01/2126	202109 310-51300-31300
DISSEMINATION FEE SEP21 9/01/2126	202109 310-51300-51000
OFFICE SUPPLIES
9/01/2126	202109 310-51300-42000
POSTAGE
9/01/2126	202109 310-51300-42500
COPIES
9/01/21 26A	202108 310-51300-42500 LOAD/READ/CNVRT FILE/CASS
9/01/21 26A	202108 310-51300-42500 FORM LAYOUT/PRP MRG IMAGE
9/01/21 26A	202108 310-51300-42500
75-LASER SHEET FRONT&BACK
9/01/21 26A	202108 310-51300-42500
75-FOLD CUSTOMER MATERIAL
9/01/21 26A	202108 310-51300-51000
75-WINDOWED ENVELOPES
9/01/21 26A	202108 310-51300-51000
75-INSERT/SEAL/PRP/DELIVR
9/01/21 26A	202108 310-51300-42000
75-POSTAGE
9/01/2127	202109 320-53800-12000
FIELD MANAGEMENT SEP21

- - - - - - - - - - - - -
*	2,916.67
*	100.00
*	291.67
*	.21
*	3.77
*	2.70
*	25.00
*	37.50
*	35.00
*	10.00
*	30.00
*	35.00
*	41.25

-

*	1,250.00

.co 000088

- - -

- -

- - - - - - - - - - - - - - - -

GOVERNMENTAL MANAGEMENT SERVICES
- - -

- - -

- - - - - - - -4,77-8.-77- 000089

10/01/21 00004

9/03/21 64799	202108 310-51300-31100
CDD BRD OF SUPERVISOR MTG 9/03/21 64799A	202107 310-51300-31100
CLOSE OUT DOCS/PHl-3 DOCS

*	190.00
*	475.00

HAMILTON ENGINEERING &  SURVEYING	665.00 000090

OLDH OLD HICKORY CD TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 2/01/22
***  CHECK DATES 10/01/2021 - 01/31/2022 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND

PAGE	2

CHECK  VEND# ••.••INVOICE•••••••.EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

STATUS

AMOUNT	••••CHECK•••..
AMOUNT	#

10/01/21 00002

9/16/21 99213	202108 310-51300-31500
REV AGENDA/CONVEY PH 1&2

*	966.93

- - - - - - - - - - - - -

LATHUM, LUNA, EDEN & BEAUDINE
- - - - - -

- - - - - - - - - - - -96-6.-93- 000091

10/06/21 00007

9/29/21 59098SEP 202109 320-53800-43200
4000 BLOCK EVEN HICKORY
9/29/21 59099SEP 202109 320-53800-43200
4500 BLOCK ODD HOLSTEIN

*	1,292.79
*	41.84

CITY OF ST. CLOUD
10/15/21 00003	10/01/21 85522	202110 310-51300-54000
FY22 ANNUAL DISTRICT FEE

- - - - - - - - - -

-1,-33-4.-63-	000092	
175.00	000093	

31.72	
000094	

93.07	
000095	

*	175.00

-	- - - - - - - - - - - - - - -	- -

DEPARTMENT OF ECONOMIC OPPORTUNITY
-  -  - - -	- - -	-	-
10/21/21 00013	10/12/21 57703091 202110 320-53800-43000
37311 HICKORY GROVE OCT21

- - - - - - - - - -
*	31.72

- - - - - - -	- - - - - - - - - - -

ORLANDO UTILITIES COMMISSION
-  -  -  -  -  -  - - -	-
10/29/21 00007	10/18/21 62499SEP 202109 320-53800-43200
4451 HICKORY GROVE ROAD

- - - - - - - - - -
*	93.07

11/04/21 00005

CITY OF ST. CLOUD
9/21/21 42822710 202109 310-51300-48000
NOT.OF FY22 MEETING DATES

- - - - - - - - - -
*	271.25

ORLANDO SENTINEL
11/04/21 00007	10/27/21 590980CT 202110 320-53800-43200
4000 BLOCK EVEN HICKORY
10/27/21 590990CT 202110 320-53800-43200
4500 BLOCK ODD HOLSTEIN

- - -  - - - - - - -  - -2-71-.25- 000096
*	1,636.96
*	40.58

11/16/21 00010

CITY OF ST. CLOUD
9/30/21 197335	202109 320-53800-47000
AQUATIC PLANT MGMT SEP21

- - - - - - - - - - -1,677.54 000097

- - - -

*	1,295.00

APPLIED AQUATICS MANAGEMENT INC
11/16/21 00009	10/11/21 96360	202109 320-53800-46400
RPR DECODER/HEAD/BUBBLER

- -  -  -  -  -  -  -  -  - -1-,2-95.-00-
*	320.06

000098

-

- - - - - - -  -  -  -  -	-  -  -  -  -  -  -  -  -  -  -  -  - -  -FL-ORALAWN 2, LLC 11/16/21 00004 10/05/21 65063	202109 310-51300-31100
CALL IN COD BOS MEETING

- - -	- - - - - -

-

*	95.00

320.06 000099

HAMILTON ENGINEERING & SURVEYING
11/16/21 00002	10/21/21 99672	202109 310-51300-31500
AQUATIC VEG AGR/MTG/LICEN

- - - - - - - - - -
*	1,580.78

95.00 000100

LATHUM, LUNA, EDEN & BEAUDINE	1,580.78 000101 OLDH OLD HICKORY CD TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 2/01/22
*** CHECK DATES 10/01/2021 - 01/31/2022 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND

PAGE	3

CHECK  VEND# ••••.INVOICE••••....EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS

STATUS

AMOUNT	CHECK•..•.
AMOUNT	#

11/16/21 00007 11/03/21 624990CT 202110 320-53800-43200
4451 HICKORY GROVE ROAD
- - -  - - - - - - - - - - - - - - - -  -  -  - - - - - -CI-TY OF ST. CLOUD

*	128.48
- - - - - - - - - -

128.48 000102

11/18/21 00013	11/10/21 57703091 202111 320-53800-43000
37311 HICKORY GROVE NOV21
-  -  - - - -  -  - - - - - - - - - - - - - - - - - - - -OR-LANDO UTILITIES COMMISSION 11/23/21 00010 10/31/21 198078	202110 320-53800-47000
AQUATIC PLANT MGMT OCT21

*	31.94
- - -  - -  - - - - -
*	1,295.00

31.94 000103

- - - - - - - - - - - -	- - - - - - - -

APPLIED AQUATICS MANAGEMENT INC
-  -  -  - - -	- -
11/23/21 00014	10/12/21 6471-10- 202110 310-51300-31200
ARBITRAGE REPORT SER.2020
- - - - - -  - -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  - - -  -  - AM- ERICAN MUNICIPAL TAX-EXEMPT 11/23/21 00009	10/01/21 96143	202110 320-53800-46200
LAWN MAINTENANCE OCT21 11/01/21 96565	202111 320-53800-46200
LAWN MAINTENANCE NOV21 11/04/21 96718	202110 320-53800-46400
RPR SPRAY HD/BUBBLER/NOZZ
11/10/21 96760	202110 320-53800-46400
RPLC 3 DECODERS/3SOLENOID
- - - - - - - - -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -FL-ORALAWN 2, LLC 11/23/21 99999 11/23/21 VOID	202111 000-00000-00000
VOID CHECK

- -  -  -  -  - - - - - -1-,2-95.-00- 000104
*	450.00
-  -  -  -  -  -  -  -  -  -  -  -4-50-.00- 000105
*	6,921.00
*	8,464.00
*	340.80
*	1,229.40
-  -  -  -  -  -  -  -  -  -  -16-,95-5.-20- 0-00-1-06
C	.oo

******INVALID VENDOR NUMBER******
11/23/21 00001  10/01/2128	202110 310-51300-340QO
MANAGEMENT FEES OCT21 10/01/2128	202110 310-51300-35300
WEBSITE ADMIN OCT21 10/01/2128	202110 310-51300-35100
INFORMATION TECH OCT21 10/01/2128	202110 310-51300-31300
DISSEMINATION FEE OCT21 10/01/2128	202110 310-51300-51000
OFFICE SUPPLIES
10/01/2128	202110 310-51300-42000
POSTAGE
10/01/2128	202110 310-51300-42500
COPIES
10/01/2129	202110 320-53800-12000
FIELD MANAGEMENT OCT21

- - - - - - - - -
*	2,916.67
*	50.00
*	87.50
*	291.67
*	.51
*	7.92
*	38.10
*	1,250.00

.oo 000107

OLDH OLD HICKORY CD TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 2/01/22
***  CHECK DATES 10/01/2021 - 01/31/2022 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND

PAGE	4

CHECK  VEND#  •••••INVOICE....• •••EXPENSED TO•••	VENDOR NAME	STATUS DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS
11/01/21 30	202111 310-51300-34000	*

*

MANAGEMENT FEES NOV21
11/01/21 30	202111 310-51300-35100
INFORMATION TECH NOV21
11/01/2130	202111 310-51300-35300	*
WEBSITE ADMIN NOV21
11/01/21 30	202111 310-51300-31300	*
DISSEMINATION FEE NOV21
11/01/21 30	202111 310-51300-51000	*
OFFICE SUPPLIES
11/01/21 30	202111 310-51300-42000	*
POSTAGE
11/01/2130	202111 310-51300-42500	*
COPIES
11/01/21 31	202111 320-53800-12000	*
FIELD MANAGEMENT NOV21

AMOUNT

2,916.67
87.50
50.00
291.67
.30
5.17
21.45
1,250.00

••••CHECK••••• AMOUNT	#

GOVERNMENTAL MANAGEMENT SERVICES
11/23/21 00004 11/01/21 65274	202110 310-51300-31100
COD BRO OF SUPERVISOR MTG

9,265.13 000108
*	190.00

- - - - -  - - - - - - - - - - - - - - - - - - - - - -H-AMILTON ENGINEERING &   SURVEYING 11/23/21 00002 11/22/21 99970	202110 310-51300-31500
BO MTG/FLORALAWN/AMNDMENT

-  -  -  -  -  -  -  -  -  -  -  -1-90-.0-0 000109
*	845.24

LATHUM, LUNA, EDEN & BEAUDINE
11/23/21 00012 11/23/21 11232021 202111 300-20700-10000
FY22 SPECIAL ASMT SER2020

-  -  - - - - - - - - -  -8-45-.2-4 000110
*	1,947.65

OLD HICKORY COD C/0 USBANK
11/23/21 00012 11/23/21 11232021 202111 300-20700-10000
FY22 LENNAR HOMES SER2020
- - - - - - - - - - - - - - - - - - - - - - - - - - -O-LD HICKORY COD C/0 USBANK 12/02/21 00007 11/24/21 59098NOV 202111 320-53800-43200
4000 BLOCK EVEN HICKORY

- - -  -  -  - - - - - -1-,947.- 65-

-

*	142,914.20
- - - - -  -  -  -  -  -14-2-,9-14.-20-
*	758.92

000111

000112

11/24/21 59099NOV 202111 320-53800-43200

CITY OF ST. CLOUD

4500 BLOCK ODD HOLSTEIN
- - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/09/21 00010 11/30/21 198739	202111 320-53800-47000
AQUATIC PLANT MGMT NOV21
-  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  -  - - - -  -  - -  - AP- PLIED AQUATICS MANAGEMENT INC 12/09/21 00009	12/01/21 97046	202112 320-53800-46200
LAWN MAINTENANCE DEC21

*	39.95

*	1,295.00

*	8,464.00

798.87 000113

1,295.00 000114

FLORALAWN 2, LLC	8,464.00 000115

OLDH OLD HICKORY CD TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 2/01/22
***  CHECK DATES 10/01/2021 - 01/31/2022 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND

PAGE	5

CHECK  VEND# •••••INVOICE••.••••.EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS
12/09/21 00012	12/07/21 12072021 202112 300-20700-10000
FY22 SPCL ASMT SER2020

STATUS

*

AMOUNT	•.•.CHECK...••
AMOUNT	#
63,721.13

- - - - - - - - - - - - - - - - - - - - - - - - - -

OLD HICKORY CDD C/0 USBANK
- -

- - - - - - - - - -

63,721.13 000116

12/09/21 00007	12/01/21 62499NOV 202111 320-53800-43200

-

4451 HICKORY GROVE ROAD

-

- - - - - - - - - - - - - - - - - - - - - - - -	- -CITY OF ST. CLOUD 12/09/21 00015	11/24/21 6337779	202111 310-51300-32300
FY22 TRUSTEE FEES SER2020

*	91.23
- - - - - - - - - -
*	4,040.63

91.23 000117

-  -  -  -  -  - -  -  -  -  - - -  -  -  - -  -  -  -  -  -  - - -  -  - U.- S. BANK 12/10/21 00001  12/01/2132	202112 310-51300-34000
MANAGEMENT FEES DEC21 12/01/2132	202112 310-51300-35300
WEBSITE ADMIN DEC21 12/01/2132	202112 310-51300-35100
INFORMATION TECH DEC21 12/01/2132	202112 310-51300-31300
DISSEMINATION FEE DEC21 12/01/2132	202112 310-51300-51000
OFFICE SUPPLIES
12/01/2132	202112 310-51300-42000
POSTAGE
12/01/2132	202112 310-51300-42500
COPIES
12/01/2133	202112 320-53800-12000
FIELD MANAGEMENT DEC21

-  -  -  -  -  -  -  - - - -4,-04-0.-63- 000118
*	2,916.67
*	50.00
*	87.50
*	291.67
*	.54
*	7.99
*	.30
*	1,250.00

- - - - - - - - -  -  -  - -  - - - -  -  -  - - - - - - - -GO-VERNMENTAL MANAGEMENT SERVICES 12/27/21 00012	12/22/21 12222021 202112 300-20700-10000
FY22 DEBT SERV SER2020

- - - - - - -  - - - -4,-60-4.-67-
*	47,924.30

000119

OLD HICKORY CDD C/0 USBANK
1/06/22 00010 12/31/21 199454	202112 320-53800-47000
AQUATIC PLANT MGMT DEC21

- - - - - - - - -	47,- 92- 4.- 30-

- -

*	1,295.00

000120

APPLIED AQUATICS MANAGEMENT INC
1/06/22 00009	12/30/21 97546	202112 320-53800-49000
FENCE CLEANUP LNDSCP RMVL 1/01/22 97465	202201 320-53800-46200
LAWN MAINTENANCE JAN22

-  -  -  -  -  -  -  - - - -1-,2-95.-00- 000121
*	3,150.00
*	8,464.00

FLORALAWN 2, LLC
1/06/22 00011	1/03/22 21819	202112 310-51300-32200
FY21 AUDIT SERVICES DEC21
GRAU AND ASSOCIATES

- - - - - - - - - - -11,-6-14.-00- 000122
*	1,500.00
1,500.00 000123

OLDH OLD HICKORY CD TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 2/01/22
***  CHECK DATES 10/01/2021 - 01/31/2022 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND

PAGE	6

CHECK  VEND#  ..••.INVOICE.......•EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS
1/06/22 00002	12/10/21 100153	202111 310-51300-31500
PHASE 4 PLAT CORRESPNDNCE

STATUS

*

AMOUNT	••••CHECK•....
AMOUNT	#
50.00

- - - - - - - - - - - - - - - - - -  - - - - - - - -LA-THUM, LUNA, EDEN &    BEAUDINE 1/06/22 00007 12/29/21 59098DEC 202112 320-53800-43200
4000 BLOCK EVEN HICKORY
12/29/21 59099DEC 202112 320-53800-43200
4500 BLOCK ODD HOLSTEIN

- - - - - - - - - -
*	28.61
*	44.51

50.00 000124

1/11/22 00001

CITY OF ST. CLOUD
1/01/2234	202201 310-51300-34000
MANAGEMENT FEES JAN22 1/01/2234	202201 310-51300-35300
WEBSITE ADMIN JAN22
1/01/2234	202201 310-51300-35100
INFORMATION TECH JAN22 1/01/2234	202201 310-51300-31300
DISSEMINATION FEE JAN22 1/01/2234	202201 310-51300-51000
OFFICE SUPPLIES
1/01/2234	202201 310-51300-42000
POSTAGE
1/01/2235	202201 320-53800-12000
FIELD MANAGEMENT JAN22

- - - - - - - - - -
*	2,916.67
*	50.00
*	87.50
*	291.67
*	.15
*	14.55
*	1,250.00

73.12 000125

1/12/22 00012

1/12/22 00007

1/26/22 00009

GOVERNMENTAL MANAGEMENT SERVICES
1/10/22 01102022 202201 300-20700-10000
FY22 SPCL ASMT SER2020
OLD HICKORY COD C/0 USBANK
1/05/22 62499DEC 202112 320-53800-43200
4451 HICKORY GROVE ROAD
-  - - - - - - - -  - - - - - - - -  -CI-TY OF ST. CLOUD 1/20/22 97622	202112 320-53800-46400
MAINLINE RPR-LOT405 STRND

-  -  -  - - - - - - - -4,-61-0.-54- 000126
*	18,067.60
- - - - - - - - - - 18,067.60 000127
*	78.56
- - - - - - - - - - - - 78.56 000128
*	279.77

FLORALAWN 2, LLC	279.77 000129

TOTAL FOR BANK A TOTAL FOR REGISTER

364,032.01
364,032.01

OLDH OLD HICKORY CD TVISCARRA

S ECTION 2

•

•	•

Old Hickory
Community Development District

Unaudited Financial Reporting December 31, 2021

TABLE OF CONTENTS

 	BALANCE SHEET 

GENERAL FUND INCOME STATEMENT

DEBT SERVICE FUND SERIES 2020

CAPITAL PROJECTS FUND SERI ES 2020

MONTH TO MONTH

DEVELOPER  CONTRIBUTION SCHEDULE

LONG TERM DEBT SUMMARY

FY22 ASSESSMENT RECEIPT SCHEDULE

Old Hickory
COMMUNITY DEVELOPMENT DISTRICT BALANCE SHEET
December 31, 2021

General	Debt Service	Capital Projects
 	Fund	Fund	Fund	

Total
I	 	2022

ASSETS:		
CASH	$233,601	---	---	$233,601	
INVESTMENTS					
SERIES 2020					
RESERVE	---	$178,050	---	$178,050	
REVENUE	---	$261,268	---	$261,268	
CONSTRUCTION	---	---	$6	$6	
COST OF ISSUANCE	---	---	---	$0	
TOTAL ASSETS	$233,601	$439,318	$6	$672,926	

LIABILITIES:					
ACCOUNTS PAYABLE	$6,426	---	---	$6,426	
FUND EQUITY:					
FUND BALANCES:					
RESTRICTED FOR DEBT SERVICE	---	$439,318	---	$439,318	
RESTRICTED FOR CAPITAL PROJECTS	---	---	$6	$6	
UNASSIGNED	$227,175	---	---	$227,175	

TOTAL LIABILITIES & FUND EQUITY	 	$233,601	$439,318	$6	$672,926

Old Hickory
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
StaEme nt of Revenues & Expenditures
For The Period Ending December 31, 2021

	ADOPTED BUDGET	PRORATED BUDGET THRU 12/31/21	ACTUAL
THRU 12/31/21	
VARIANCE	
REVENUES;					
SPEOALASSESSMENTS	$232,162	$123,704	$123,704	$0	
DIRECT ASSESSMENTS	$155,636	$155,636	$155,636	$0	
DEVELOPER CONTRIBUTIONS	$0	$0	$6,522	$6,522	

TOTAL REVENUES	 	$387,798	$279,340	$285,862	$6,522 

EXPENDITURES:

ADMINISTRATIVE;		
SUPERVISOR FEES	$12,000	$3,000	$400	$2,600	
FICA EXPENSE	$918	$230	$31	$199	
ENGINEERING	$12,000	$3,000	$190	$2,810	
ATTORNEY	$25,000	$6,250	$895	$5,355	
ARBITRAGE	$0	$0	$450	($450J	
DISSEMINATION	$3,500	$875	$875	($OJ	
ANNUAL AUDIT	$4,400	$1,500	$1,500	$0	
TRUSTEE FEES	$0	$4,041	$4,041	$0	
MANAGEMENT FEES	$35,000	$8,750	$8,750	($OJ	
INFORMATION TECHNOLOGY	$1,050	$263	$263	$0	
WEBSITE MAINTENANCE	$600	$150	$150	$0	
TELEPHONE	$300	$75	$0	$75	
POSTAGE	$1,000	$250	$21	$229	
INSURANCE	$5,500	$5,500	$5,251	$249	
PRINTING&BINDING	$1,000	$250	$60	$190	
LEGAL ADVERTISING	$2,500	$625	$0	$625	
OTHER CURRENT CHARGES	$1,000	$250	$105	$145	
OFFICE SUPPLIES	$625	$156	$1	$155	
DUES, LICENSES & SUBSCRIPTIONS	$175	$175	$175	$0	

TOTAL ADMINISTRATIVE	 	$106,568	$35,339	$23,158	$12,181

fil!Q;_

FIELD SERVICES	

$15,000	

$3,750	

$3,750	

$0	
PROPERTY INSURANCE	$5,000	$5,000	$1,271	$3,729	
ELECTRIC	$1,500	$375	$96	$279	
STREETLIGHTS	$90,000	$22,500	$0	$22,500	
WATER& SEWER	$20,000	$5,000	$2,848	$2,152	
LANDSCAPE MAINTENANCE	$119,724	$29,931	$23,849	$6,()82	
LANDSCAPE CONTINGENCY	$1,500	$375	$0	$375	
LAKE MAINTENANCE	$16,006	$4,002	$3,88S	$117	
IRRIGATION REPAIRS	$2,500	$625	$1,850	($1,225J	
REPAIRS & MAINTENANCE	$2,500	$625	$0	$625	
WAUS, ENTRY & MONUMENTS	$2,500	$625	$0	$625	
CONTINGENCY	$5,000	$1,250	$3,150	($1,900J	

TOTAL FIELD	 	$281,230	$74,058	$40,699		$33,359 TOTAL EXPENDITURES		$387,798	$109,396		$63,856		$45,540 EXCESS REVENUES (EXPENDITURES) 			$0		$222,006			
FUND BALANCE. Beginning		$0	$5,169		
					
FUND BALANCE • Ending		$0	$227,175		

2

Old Hickory
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
SERIES 2020
Statement of Revenues & Expenditures
For The Period Ending December 31, 2021

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 12/31/21	ACTUAL
THRU 12/31/21	
VARIANCE			
REVENUES:								
SPECIAL ASSESSENTS		$213,186	$113,593	$113,593		$0		
DIRECT ASSESSMENTS		$142,914	$142,914	$142,914		$0		
INTEREST		$0	$0	$5		$5		
TOTAL REVENUES		$356,100	$256,507	$256,512		$5		

EXPENDITURES:								
INTEREST -12/15		$114,925	$114,925	$114,925		$0		
PRINCIPAL-06/15		$125,000	$0	$0		$0		
INTEREST -06/15		$114,925	$0	$0		$0		
TOTAL EXPENDITURES		$354,850	$114,925	$114,925		$0		

OTHER SOUR CES/( USESJ								
TRANSFER OUT		$0	$0	{$3)		{$3)		
TOTAL OTHER SOURCES/(USES)		$0	$0	{$3)		($3)		
								
EXCESS REVENUES (EXPENDITURES)		$1,250		$141,584				
								
FUND BALANCE- Beginning		$119,688		$297,734				
								
FUND BALANCE- Ending		$120,938		$439,318				

3

Old Hickory
COMMUNITY DEVELOPMENT DISTRICT CAPITAL PROJECTS FUND
SERIES 2020
Statement of Revenues & Expenditures
ForThe Period Ending December 31, 2021

	ADOPTED
BUDGET		PRORATED BUDGET
THRU 12/31/21		ACTUAL
THRU 12/31/21	
VARIANCE		
REVENUES:									
IN lEREST			$0		$0	$0		$0	
TOTAL REVENUES			$0		$0	$0		$0	

EXPENDITURES:									
CAPITAL OUTLAY-CONSTRUCTION			$0		$0	$0		$0	
CAPITAL OUTLAY-COST OF ISSUANCE			$0		$0	$0		$0	
TOTAL EXPENDITURES			$0		$0	$0		$0	

OTHER SOURCES/ IUSES )									

TRANSFER IN			$0		$0	$3		$3	
TOTAL OTHER SOURCES/(USES)			$0		$0	$3		$3	
									
EXCESS REVENUES (EXPENDITURES)			$0			$3			
									
FUND BALANCE - Beginning			$0			$4			
									
FUND BALANCE- Ending			$0			$6			

4

Old Hickory
Community Development District
Oct 	Nov	Dec	Jan	Feb	March	April	May	June	Jull	Au	Sef!! Total

SPEOAL ASSESSMENTS			$0	$2,121	$121,583	$0	$0	$0	$0	$0	$0	$0	$0	$0	$123,704	
DIRECT ASSESSMENTS			$0	$155,636	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$155,636	
DEVELOPER CONTRIBUTIONS			$6,522	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$6,522	
TOTAL REVENUES				Sl 57,757	$121,583	$0	$0	so	so	so	$0		so	$0	$ 285,8621	

EXPENDITURES;																
ADMINISTRATIVE·																
SUPERVISOR FEES			$400	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$400	
FICA EXPENSE			$31	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$31	
ENGINEERING			$190	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$190	
ATTORNEY			$845	$SO	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$895	
ARBITRAGE			$450	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$450	
DISSEMINATION			$292	$292	$292	$0	$0	$0	$0	$0	$0	$0	$0	$0	$875	
ANNUAL AUDIT			$0	$0	$1,500	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,500	
TRUSTEE FEES			$0	$4,041	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$4,041	
MANAGEMENT FEES			$2,917	$2,917	$2,917	$0	$0	$0	$0	$0	$0	$0	$0	$0	$8,750	
INFORMATION TECHNOLOGY			$88	$88	$88	$0	$0	$0	$0	$0	$0	$0	$0	$0	$263	
WEBSITE ADMINISTRATION			$SO	$SO	$SO	$0	$0	$0	$0	$0	$0	$0	$0	$0	$150	
TELEPHONE			$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
POSTAGE			$8	$5	$8	$0	$0	$0	$0	$0	$0	$0	$0	$0	$21	
INSURANCE			$5,251	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,251	
PRINTING & BINDING			$38	$21	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$60	
LEGAL ADVERTISING			$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
OTHER CURRENT CHARGES			$36	$31	$39	$0	$0	$0	$0	$0	$0	$0	$0	$0	$105	
OFFICE SUPPLIES			$1	$0	$1	$0	$0	$0	$0	so	$0	so	so	$0	$1	
DUES, LICENSES & SUBSCRIPTIONS			S175	$0	so	so	so	$0	$0	$0	so	$0	$0	so	$175	

FIELD:																
FIELD SERVICES	$1,250	$1,250	$1,250	$0	$0	$0	$0	$0	$0	$0	$0	$0	$3,750	
PROPERTY INSURANCE	$1,271	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,271	
ELECTRIC	$32	$32	$32	$0	$0	$0	$0	$0	$0	$0	$0	$0	$96	
STREETLIGHTS	$0	$0	$0	$0	$0	so	$0	so	$0	$0	$0	so	$0	
WATER & SEWER	$1,806	$890	$152	$0	$0	$0	$0	$0	$0	$0	$0	$0	$2,848	
LANDSCAPE MAINTENANCE	$6,921	$8,464	$8,464	$0	$0	$0	$0	$0	$0	$0	$0	$0	$23,849	
LANDSCAPE CONTINGENCY	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
LAKE MAINTENANCE	$1,295	Sl,295	$1,295	$0	so	$0	$0	$0	$0	$0	$0	$0	$3,885	
IRRIGATION REPAIRS	$1,570	$0	$280	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,850	
REPAIRS & MAINTENANCE	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
WALLS, ENTRY & MONUMENTS	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
CONTINGENCY	$0	$0	$3,150	$0	$0	$0	$0	$0	$0	$0	$0	$0	$3,150	

I	56 , 5 22

TOTAL EXPENDITURES	I     $24,915	$19,425	$19,516	$0	$0	$0	$0	$0	$0	$0	$0	$0	$63,856 1
EXCESS REVENUES (EXPENDITURES)	I  1$1, 8 393)	$138,331	$102,067	$0	$0	$0	$0	$0	$0	$0	$0	$0	$222,006 I

5

Old Hickory Community Development District
Developer Contrbutions/Due from Developer

Funding	Prepared	Payment	Check
Request	Date	Received	Amount #			Date	Total
F urding Request	General F urd
Portion (21)*	General F urd
Portion (22)		Overand (short)
Balance Due	

13	8/30/21	9/17/21	$	8,317.18	
$	8,317.18	
$	1,795.18	
$	6,522.00	
$		
14	9/19/21	10/1/21	$	15,090.17	$	15,090.17	$	15,090.17	$	$		
15	10/24/21	11/19/21	$	4,989.79	$	4,989.79	$	4,989.79	$	$		
IDue from Developer	$	28,397.14	
$	28,397.14	
$	21,875.14	
$	6,522.00	
$		
Total Developer Contrbutions FY22	-
$	6,522.00					

*FY21 column total figures do not include FY21 F urding Requests #1-12.						

6

OLD HICKORY

SERI ES 2020, SPECIAL ASSESSMENT BONDS

COMMUNITY DEVELOPMENT DISTRICT LONG TERM DEBT REPORT

INTEREST RATE:	2.500%, 3.000%, 4.000%, 4.000%	
MATURITY DATE:	6/15/2050	
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$178,050	
RESERVE FUND BALANCE	$178,050	

BONDS OUTSTANDING - 10/21/20	
$6,245,000	
LESS: PRINCIPAL PAYMENT 06/15/21	($120,000)	
CURRENT BONDS OUTSTANDING	$6,125,000	

7

OLD HICKORY
COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT RECEIPTS • FY20ZZ TAX COLLECTOR
Gross Assessments  $	473,777   $	246,983   $	ZZ6,79S Net Assessments $	445,350   $	232,164   $	213,187
Debt Service
Date	Gross Assessments	Discounts/	Commissions	Interest	Net Amount	General Fund	Series Z0Z0	Total
      Received	Dist.		Received	Penalties	Paid	Income	Received	52.13%	47.87%	100%

11/22/21	ACH	$	4,324.69	$	172.99	$	83.03	$	$	4,068.67	$	2,121.02	$	1,947.65	$	4,068.67	
12/8/21	ACH	$	141,490.64	$	5,659.69	$	2,716.62	$	$ 133,114.33	$	69,393.20	$	63,721.13	$ 133,114.33	
12/22/21	ACH	$	106,396.04	$	4,238.34	$	2,043.16	$	$ 100,114.54	$	52,190.24	$	47,924.30	$ 100,114.54	
1/10/22	ACH	$	39,716.30	$	1,202.57	$	770.27	$	$ 37,743.46	$	19,675.86	$	18,067.60	$ 37,743.46	
$	$	$	$	$	$	$	$
 	Totals	$	291,927.67     $    11,273.59    $	5,613.08    $	$   275,041.00    $	143 380.32 $ 131,660.68 $ 275.041.00

DIRECT BILLED ASSESSMENTS

Lennar Homes LLC	$298,549.77	$155,635.57	$142,914.20

DATE RECEIVED	DUE DATE	CHECK NO.	NET ASSESSED	AMOUNT RECEIVED	Operation
& Maintenance	Oebt Service Serles Z0ZD	
11/22/21	11/1/21	1712974	$	149,274.89	$ 149,274.89	$	77,817.79	$	71,457.10	
11/22/21	2/1/22	1712974	$	74,637.44	$ 74,637.44	$	38,908.89	$	35,728.55	
11/22/21	5/1/22	1712974	$	74,637.44	$ 74,637.44	$	38,908.89	$	35,728.55	
			$	298,549.77	$ 298,549.77	$ 155,635.57	$ 142,914.20	

8

S ECTION 3

REBATE REPORT
$6,245,000
Old Hickory Community Development District
(Osceola County, Florida)
Special Assessment Bonds, Series 2020 (2020 Project)

Dated: October 21, 2020
Delivered: October 21, 2020

Rebate Report to the Computation Date October 21, 2023
Reflecting Activity To September 30, 2021

i-

■■■ i

AMTEC

TABLE OF CONTENTS

AMTEC Opinion	3
Summary of Rebate Computations	4
Summary of Computational Information and Definitions	5
Methodology	7
Sources and Uses	8
Proof of Arbitrage Yield	9
Bond Debt Service	12
Arbitrage Rebate Calculation Detail Report - Acquisition & Construction Fund	14
Arbitrage Rebate Calculation Detail Report - Capitalized Interest Fund	15
Arbitrage Rebate Calculation Detail Report- Cost of Issuance Fund	16
Arbitrage Rebate Calculation Detail Report - Debt Service Reserve Fund	17

! I	I!	 	

AAMTEC
American Municipal Tax - Exempt Complianc

90 Avon Meadow Lane Avon , CT 06001 (T) 860 - 321- 7521 (F) 860 - 321 - 758 I
www.amteccorp.com

October 12, 2021

Old Hickory Community Development District c/o Ms. Teresa Viscarra
Government Management Services - CF, LLC 1408 Hamlin Avenue, UnitE
St. Cloud, FL 34771

Re:		$6,245,000 Old Hickory Community Development District (Osceola County, Florida) Special Assessment Bonds, Series 2020 (2020 Project)

Dear Ms. Viscarra:

AMTEC has prepared certain computations relating to the above referenced bond issue (the "Bonds") at the request of the Old Hickory Community Development District (the "District")

The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of September 30, 2022. Thank you for this engagement and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo Senior Vice President

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the October 21, 2023 Computation Date
Reflecting Activity from October 21, 2020 through September 30, 2021

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitraee	
Acquisition & Construction Fund	0.006299%	15.26	(9,932.15)	
Capitalized Interest Fund	0.005917%	0.31	(214.38)	
Cost oflssuance Fund	0.000000%	0.00	0.00	
Debt Service Reserve Fund	0.006036%	10.12	(6,761.61)	
Totals	0.006188%	$25.69	$(16,908.14)	
Bond Yield	3.714317%		

Based upon our computations, no rebate liability exists.

4

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For pmposes of computing Rebatable Arbitrage, investment activity is reflected from October 21, 2020, the date of the closing, to September 30, 2021, the Computation Period. All nonpmpose payments and receipts are future valued to the Computation Date of October 21, 2023.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation pmposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.

Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.

During the period between October 21, 2020 and September 30, 2021, the District made periodic payments into the Debt Service Fund that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(t)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1112th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Funds and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
October 21, 2023.

Computation Period
The period beginning on October 21, 2020, the date of the closing, and ending on September 30, 2021.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the issuer. If no day is selected by the issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close ofbusiness on the anniversary date of the issuance.

5

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpwpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpwpose investments over the amount that would have been earned if such nonpwpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpwpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Fund	Account Number	
Revenue	246923000	
Interest	246923001	
Sinking	246923002	
Debt Service Reserve	246923003	
Prepayment	246923004	
Acquisition& Construction	246923005	

6

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of September 30, 2021, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to October 21, 2023. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield The difference between the future values of the two cash flows, on October 21, 2023, is the Rebatable Arbitrage.

7

$6,245,000
Old Hickory Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2020 (2020 Project)
Delivered: October 21, 2020

 	Sources of Funds	

Par Amount	$6,245 000.00	
Net Orit!inal Issue Premium	126705.70	
Total	$6,371,705.70	

 	Uses of Funds	

Acquistion & Construction Fund	$5,814,153.2	
Debt Service Reserve Fund	178,050.00	
Ca pitalized Interest Account	34,927.50	
Cost of Issuance Fund	219,675.00	
Underwriter's Discount	124.900.00	
Total	$6,371,705.70	

0

8

Prepared by AMTEC	(Finance 8.700)

PROOF OF ARBITRAGE YIELD

$6,245,000
Old Hickory Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2020 (2020 Project)

	Present Value	

Date	
Debt Service	to I0/2112020
@ 3.7143168261%	
12/15/2020	34,927.50	34,735.22	
06/15/2021	236,425.00	230,836.44	
12115/2021	114,925.00	110,162.54	
06/15/2022	239,925.00	225,789.31	
12/15/2022	113,362.50	104,738.35	
06/15/2023	243,362.50	220,748.83	
12/15/2023	111,737.50	99,506.66	
06/15/2024	241,737.50	211,351.66	
12115/2024	I I0,112 .50	94,516.30	
06115/2025	245,112.50	206,558.94	
12115/2025	108,425.00	89,704.95	
06/15/2026	248,425.00	201,785.85	
12/15/2026	106,325.00	84,788.95	
06/15/2027	251,325.00	196,765.07	
12115/2027	104,150.00	80,053.44	
06/15/2028	249,150.00	188, 013.95	
12/15/2028	IOl,975.00	75,549.46	
06/15/2029	251 ,975. 00	183, 275.13	
12/15/2029	99,725.00	71,212.88	
06/15/2030	2,214,725.00	1,552,682.91	
12/15/2030	58,200.00	40,058.47	
06/15/2031	58,200.00	39,328.09	
12/15/2031	58,200.00	38,611.02	
06/15/2032	58,200.00	37,907.03	
12/15/2032	58,200.00	37,215.87	
06/15/ 2033	58,200.00	36,537.31	
12/15/2033	58,200.00	35,871.13	
06/15/2034	58,200.00	35,217.09	
12/15/2034	58,200.00	34,574.98	
06/15/2035	58,200.00	33,944.58	
12115/2035	58,200.00	33,325.67	
06/15/2036	58,200.00	32,718.04	
12/15/2036	58,200.00	32,121.49	
06/15 /2037	58,200.00	31,535.82	
12/15/2037	58,200.00	30,960.83	
06/15/2038	58,200.00	30,396.32	
12/15/2038	58,200.00	29,842.11	
06/15/2039	58,200.00	29,298.00	
12/15/2039	58,200.00	28,763.81	
06/15/2040	58,200.00	28,239.36	
12/15/2040	58,200.00	27,724.47	
06/15/2041	298,200.00	139,462.15	
12/15/2041	53,400.00	24,518.76	
06/15/2042	303,400.00	136,766.96	
12115/2042	48,400.00	21,420.00	
06/15/2043	308,400.00	133,997.56	
12/15/2043	43,200.00	18,427.85	
06/15/2044	318,200.00	133,259.93	
12/15/2044	37,700.00	15,500.62	
06/15/2045	322,700.00	130,261.25	
12/15/2045	32,000.00	12,681.62	
06/15/2046	327,000.00	127,227.48	
12/15/2046	26,100.00	9,969.70	
06115/2047	331,100.00	124,167.87	
12/15/2047	20,000.00	7,363.57	
06/15/2048	340,000.00	122,898.30	

9

Prepared by AMTEC	(Finance 8.700)

PROOF OF ARBITRAGE YIELD

$6,245,000
Old Hlckory Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2020 (2020 Project)

Date	

Debt Service	Present Value
to I 0/21/2020
@ 3.7143168261%	
12/15/2048	13,600.00	4,826.30	
06/15/2049	348,600.00	121,453.83	
12/15/2049	6,900.00	2,360.16	
06/15/2050	351,900.00	118,173.47	
	10,180,827.50	6,371,705.70	

Proceeds Summary

Delivery date	10/21/2020	
Par Value	6,245,000.00	
Premium (Discount)	126,705.70	
Target for yield calculation	6,371,705.70	

10

Prepared by AMTEC	(Finance 8.700)

PROOF OF ARBITRAGE YIELD

$6,245,000
Old Hickory Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2020 (2020 Project)

Assumed Call/Com putation Dates for Premium Bonds

Bond
Component	Maturity
Date	
Rate	
Yield	Call
Date	Call
Price	Yield To CalVMaturity	
TERM03	06/15/2031	4.000%	3.550%	06/15/2030	100.000	3,5508945%	
TERM03	06/15/2032	4.000%	3.550%	06/15/2030	100.000	3.5508945%	
TERM03	06/15/2033	4.000%	3.550%	06/15/2030	100.000	3.5508945%	
TERM03	06/15/2034	4.000%	3.550%	06/15/2030	100.000	3.5508945%	
TERM03	06/15 /2035	4.000%	3.550%	06/15 /2030	100.000	3.5508945%	
TERM03	06/15/ 2036	4.000%	3.550%	06/15/2030	100.000	3.5508945%	
TERM03	06/15/2037	4.000%	3.550%	06/ 15/2030	100.000	3.5508945%	
TERM03	06/15/2038	4.000%	3.550%	06/15/2030	100,000	3.5508945%	
TERM03	06/15/2039	4.000%	3.550%	06/15/2030	100.000	3.5508945%	
TERM03	06/15/2040	4.000%	3.550%	06/15/2030	100.000	3.5508945%	

Re jected     Ca  ll/Com putation Dates for Premium Bonds

Bond
Component	Maturity
Date	
Rate	
Yield	Call
Date	Call
Price	Yield To C all/Maturity	Increase
to Yield	
TERM03	06/15/2031	4.000%	3.550%			3,5855371%	0.0346426%	
TERM03	06115/2032	4.000%	3.550%			3,6141600%	0,0632655%	
TERM03	06/15/2033	4.000%	3.550%			3,6381901%	0.0872956%	
TERM03	06/15/2034	4.000%	3.550%			3.6586366%	0.1077421%	
TERM03	06/15/2035	4.000%	3.550%			3.6762331%	0.1253386%	
TERM03	06/15/ 2036	4.000%	3.550%			3.6915259%	0.14 06315%	
TERM03	06/15/2037	4.000%	3.550%			3.7049303%	0,1540358%	
TERMOJ	06/15/2038	4.000%	3.550%			3.7167672%	0.1658727%	
TERM03	06/15/2039	4.000%	3.550%			3.7272890%	0.1763945%	
TERM03	06/15/2040	4.000%	3.550%			3.7366966%	0.1858022%	

11

Prepared by AMTEC	(Finance 8.700)

BOND DEBT SERVICE

$6,245,000
Old Hickory Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2020 (2020 Project)

Period
Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
10/21/2020						
12/15/2020			34,927.50	34,927.50		
06115/2021	120,000	2.500%	116,4 25.00	236,425.00	271,352.50	
12/15/2021			114,925.00	114,925.00		
06/15/2022	125,000	2.500%	114,925.00	239,925.00	354,850.00	
12/15/2022			113,362.50	113,362.50		
06/1512023	130,000	2.500%	113,362.50	243,362.50	356,725.00	
12/15/2023			111,737.50	111,737.50		
06/15/2024	130,000	2.500%	111,737 .50	241,737.50	353,475.00	
12/15/2024			110 ,112.50	110,112.50		
06/1512025	135,000	2.500%	11 0,1 12.50	245,112.50	355,225.00	
12/15/2025			108,425.00	108,425.00		
06/15/2026	140,000	3.000%	108,425.00	248,425.00	356,850.00	
12/15/2026			106,325.00	106,325.00		
06/15/2027	145,000	3.000%	106,325.00	251,325.00	357,650.00	
12/15/2027			104,150.00	104,150.00		
06/15/2028	145,000	3.000%	104,150.00	249,150.00	353,300.00	
12/15/2028			101,975.00	101 ,975.00		
06/15/2029	150,000	3.000%	101,975.00	251,975.00	353,950.00	
12/15/2029			99,725.00	99,725.00		
06/15/2030	155,000	3.000%	99,725.00	254,725.00	354,450.00	
12/15/2030			97,400.00	97,400.00		
06/15/2031	160,000	4_.000%	97,400.00	257,400.00	354,800.00	
12/15/2031			94,200.00	94,200.00		
06/15/2032	170,000	4.000%	94,200.00	264,200.00	358,400.00	
12/15/2032			90,800.00	90,800.00		
06/15/2033	175,000	4.000%	90,800.00	265,800.00	356,600.00	
12/15/2033			87,300.00	87,300.00		
06/15/2034	185,000	4,000%	87,300.00	272,300.00	359,600.00	
12/15/2034			83,600.00	83,600.00		
06/15/2035	190,000	4.000%	83,600.00	273,600.00	357,200.00	
12/15/2035			79,800.00	79,800.00		
06115/2036	200,000	4.000%	79,800.00	279,800.00	359,600.00	
12/15/2036			75,800.00	75,800.00		
06/15/2037	205,000	4.000%	75,800.00	280,800.00	356,600.00	
12/15/2037			71,700.00	71,700.00		
06/15/2038	215,000	4.000%	71,700.00	286,700.00	358,400.00	
12/15/2038			67,400.00	67,400.00		
06/1512039	225,000	4.000%	67,400.00	292,400.00	359,800.00	
12/15/2039			62,900.00	62,900.00		
06/15/2040	235,000	4.000%	62,900.00	297,900.00	360,800.00	
12/15/2040			58,200.00	58,200.00		
06/15/2041	240,000	4.000%	58,200.00	298,200.00	356,400.00	
12/15/2041			53,400.00	53,400.00		
06/15/2042	250,000	4.000%	53,400.00	303,400.00	356,800.00	
12/15/2042			48,400.00	48,400.00		
06/15/2043	260,000	4.000%	48,400.00	308,400.00	356,800.00	
12/15/2043			43,200.00	43,200.00		
06/15/2044	275,000	4.000%	43,200.00	318,200.00	361,400.00	
12/15/2044			37,700.00	37,700.00		
06/15/2045	285,000	4.000%	37,700.00	322,700.00	360,400.00	
12/15/2045			32,000.00	32,000.00		
06/15/2046	295,000	4.000%	32,000.00	327,000.00	359,000.00	
12/15/2046			26,100.00	26,100.00		
06/15/2047	305,000	4.000%	26,100.00	331,100.00	357,200.00	
12/15/2047			20,000.00	20,000.00		
06/15/2048	320,000	4.000%	20,000.00	340,000.00	360,000.00	

12

Prepared by AMTEC		(Finance 8.700)	
	
BOND DEBT SERVICE		
	$6,245,000		
	Old Hlckory Community Development District		
	(Osceola County, Florida)		
	Special Assessment Bonds, Series 2020		
	(2020 Project)		
Period
Ending	
Principal	Coupon	Interest	Debt Service	Annual
Debt Service	
12/15/2048	13,600.00	13,600.00		
06/15/2049	335,000	4.000%	13,600.00	348,600.00	362,200.00	
12/15/2049	6,900.00	6,900.00		
06/15/2050	345,000	4.000%	6,900.00	351,900.00	358,800.00	
	6,245,000	4,393,627.50	10,638,627.50	l 0,638,627.50	

13

$6,245,000
Old Hickory Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2020 (2020 Project)
Acquisition &    Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE@
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.714317%)

10/21/20	Beg Bal	-5,814,153.20	-6,492,856.55	
11/03/20		-0.32	-0.36	
11/06/20		5,814,153.20	6,482,907.80	
12/02/20		-0.88	-0.98	
01/05/21		-0.91	-1.01	
02/02/21		-0.91	-1.01	
03/02/21		-0.82	-0.90	
04/02/21		-0.91	-1.00	
05/04/21		-0.88	-0.96	
05/13/21		20.89	22.85	
06/02/21		-0.91	-0.99	
07/02/21		-0.88	-0.96	
08/03/21		-0.91	-0.99	
09/02/21		-0.91	-0.98	
09/30/21	Balance	3.61	3.89	
----------------------------------------------------------------
10/21/23	TOTALS:	15.26	-9,932.15

ISSUE DATE: 10/21/20 COMP DATE: 10/21/23 BOND YIELD: 3.714317%

REBATABLE ARBITRAGE:	-9,932.15
NET INCOME:	15.26
TAX INV YIELD:	0.006299%

14

$6,245,000
Old Hickory Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2020 (2020 Project)
Capitalized Interest Fund

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE@ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.714317%)	
10/21/20	Beg Bal	-34,927.50	-39,004.69	
11/03/20	0.06	0.07	
12/02/20	0.17	0.19	
12/15/20	34,927.50	38,789.96	
01/05/21	0.08	0.09	
10/21/23	TOTALS:	0.31	-214.38	

ISSUE DATE: 10/21/20 COMP DATE: 10/21/23 BOND YIELD: 3.714317%

REBATABLE ARBITRAGE:	-214.38
NET INCOME:	0.31
TAX INV YIELD:	0.005917%

15

$6,245,000
Old Hickory Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2020 (2020 Project)
Cost of Issuance Fund

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE@ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.714317%)	
10/21/20	Beg Bal	-219,675.00	-245,318.31	
10/21/20	219,675.00	245,318.31	
10/21/23	TOTALS:	0.00	0.00	

ISSUE DATE: 10/21/20 COMP DATE: 10/21/23 BOND YIELD: 3.714317%

REBATABLE ARBITRAGE:	0.00
NET INCOME:	0.00
TAX INV YIELD:	-99.999800%

16

$6,245,000
Old Hickory Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2020 (2020 Project)
Debt Service Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

RECEIPTS

FUTURE VALUE@ BOND YIELD OF

DATE	DESCRIPTION	{PAYMENTS)	(3.714317%)	
10/21/20	Beg Bal	-178,050.00	-198,834.30	
11/03/20		0.32	0.36	
12/02/20		0.88	0.98	
01/05/21		0.91	1.01	
02/02/21		0.91	1.01	
03/02/21		0.82	0.90	
04/02/21		0.91	1.00	
05/04/21		0.88	0.96	
06/02/21		0.91	0.99	
07/02/21		0.88	0.96	
08/03/21		0.91	0.99	
09/02/21		0.91	0.98	
09/30/21	Balance	178,050.00	192,061.60	
09/30/21	Accrual	0.88	0.95	
10/21/23	TOTALS:	10.12	-6,761.61	

ISSUE DATE: 10/21/20 COMP DATE: 10/21/23 BOND YIELD: 3.714317%

REBATABLE ARBITRAGE: NET INCOME:
TAX INV YIELD:

-6,761.61
10.12
0.006036%

17