Old Hickory Community Development District

Agenda March 7, 2022

AGENDA

Old Hickory
Community Development District

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

February 28, 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, March 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 February 7, 2022 Meeting
Consideration of Resolution 2022-03 Declaring the Series 2020 Project Complete
Discussion of Pending Plat Conveyances
Staff Reports
Attorney
Engineer
District Manager's Report
Approval of Check Register
Balance Sheet and Income Statement
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 February 7, 2022 meeting. The minutes are enclosed for your review.

The fourth order of business is the consideration of Resolution 2022-03 declaring the Series 2020 project complete. A copy of the Resolution and Engineer's Certificate of Completion will be provided under separate cover.

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

The sixth order of business is Staff Reports. 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.

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, February 7, 2022 at 1:00 p.m. at the Oasis Club at Champions Gate 1520 Oasis Club Blvd. Champions Gate, FL.

Present and constituting a quorum were:

Adam Morgan Rob Bonin Daniel La Rosa

Also present were:

George Flint Kristen Trucco Dave Reid Alan Scheerer

FIRST ORDER OF BUSINESS

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 three members present constituting a quorum.

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

THIRD ORDER OF BUSINESS	Approval of Minutes of the October 4, 2021
Meeting
Mr. Flint: Did the Board have any changes to the October 4, 2021 meeting minutes?
Mr. Morgan: They look good, I make a motion to accept.

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, the Minutes of the October 4, 2021 Meeting, were approved.

FOURTH ORDER OF BUSINESS	Ratification	of   Data   Sharing	and Usage
Agreement with Osceola County Property Appraiser

February 7, 2022	Old Hickory CDD

Mr. Flint: Next, we have the ratification of data sharing and usage agreement with the Property Appraiser.

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, the Data Sharing and Usage Agreement with Osceola County Property Appraiser, was ratified.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2022-02
Authorizing	Execution	of	the	Public Depositor's Report
Mr. Flint: You have Resolution 2022-02 authorizing the execution of the public depositor's
report.

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, Resolution 2022-02 Authorizing Execution of the Public Depositor's Report, was approved.

SIXTH ORDER OF BUSINESS	Consideration or Service Lighting Agreement
with OUC for Phase 1 & 2
Mr. Flint: These are the standard street light agreements. We have been trying to get those switched over to the CDD.
Mr. Morgan: How many light posts is that? I don't see a number, I just see a dollar amount. Mr. Flint: It is on the last page. There are 140.
Mr. Morgan: Oh, I see it now. 140 is not that bad.

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, the Service Lighting Agreement with OUC for Phase 1 & 2, was approved.

SEVENTH ORDER OF BUSINESS	Discussion of Pending Plat Conveyances
Mr. Flint: Are there any pending plats or conveyances that need to be discussed? Ms. Trucco: Not that I am aware of.
Mr. Bonin: The last plat was recorded last month. Mr. Scheerer: Is that page 4?
Mr. Bonin: Yes. Is there anything in that plat that is CDD? Mr. Scheerer: We are already doing everything that is in there.

2

February 7, 2022	Old Hickory CDD

Mr. Bonin: I am just talking about from a conveyance standpoint because the plat just got recorded.
Mr. Scheerer: We had the stormwater pond that is over there and we have Frontage Road out there along Nolte. We have some small entrance areas.
Mr. Bonin: The outer boundary was always included. We just really subdivided the lots.
Mr. Scheerer: There may be a buffer area back there or tw9 behind the homes. I think we are good.

EIGHTH ORDER OF BUSINESS
Attorney

Staff Reports

Presentation of Memorandum Regarding New Statutory Requirement
Mr. Flint: The Board I think is familiar with the memo and the requirement.
Ms. Trucco: I do not have anything else to add, but if you have any questions about the new stormwater and wastewater requirement or anything else, I can answer them.

Engineer
Consideration of Proposal for Preparation of Stormwater Management System Report
Mr. Bonin: Do we have a proposal from the engineer on this one? Mr. Flint: Yes, it is the same proposal.

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, the Proposal for Preparation of Stormwater Management System Report, was approved.

District Manager's Report
Approval of Check Register
Mr. Flint: I don't have anything additional to add. I have the check register.

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Mr. Flint: You have the unaudited financials through December 3Pt. There is no action required.

Presentation of Arbitrage Rebate Calculation Report

3

February 7, 2022	Old Hickory CDD

Mr. Flint: You have the arbitrage rebate calculation report. The report indicates that there are no arbitrage issues.

On MOTION by Mr. Morgan, seconded by Mr. Bonin, with all in favor, the Arbitrage Rebate Calculation Report, was approved.

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

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

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

Adjournment

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

Secretary/Assistant Secretary	Chairman/Vice Chairman

4

S ECTION IV

RESOLUTION 2022-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT ACCEPTING THE CERTIFICATION OF THE DISTRICT ENGINEER THAT THE 2020 PROJECT IS COMPLETE; DECLARING THE 2020 PROJECT COMPLETE; PROVIDING FOR SEVERABILITY, CONFLICTS, AND AN EFFECTIVE DATE.

WHEREAS, on June 1, 2020, the Board of Supervisors (“Board”) of the Old Hickory Community Development District (“District”) adopted Resolution 2020-15, respectively, authorizing, among other things, the issuance of the Old Hickory Community Development District Special Assessment Bonds, Series 2020, in an aggregate principal amount not-to-exceed
$22,000,000 in order to finance the costs of the construction, installation, and acquisition of public infrastructure, improvements, and services on lands within the District; and

WHEREAS, the District authorized and issued the $6,245,000 “Old Hickory Community Development District Special Assessment Bonds, Series 2020 (2020 Project)” (“Series 2020 Bonds”), pursuant to the Master Trust Indenture between the District and U.S. Bank National Association, as Trustee, dated September 1, 2020 (“Master Trust Indenture”) and the First Supplemental Trust Indenture between the District and U.S. Bank National Association, as Trustee, dated September 1, 2020 (“First Supplemental Indenture”), for the purpose of acquiring and constructing all or a portion of the District referred to as “2020 Project”; and

WHEREAS, the District adopted the “Old Hickory Community Development District Engineer’s Report,” dated June 1, 2020, as amended from time to time (the “Engineer’s Report”), which identifies and describes the capital improvement plan for the 2020 Project, financed with the Series 2020 Bonds (“2020 Project”); and

WHEREAS, the 2020 Project has been completed; and

WHEREAS, pursuant to Section 5.01(c) of the Master Trust Indenture, the District Engineer executed and delivered an Engineer’s Certification of Completion dated March   ,   2022 (“Engineer’s Certification”), attached hereto as Exhibit “A,” wherein the District Engineer established the completion date of the 2020 Project; and

WHEREAS, Section 170.08, Florida Statutes, requires that upon completion of the 2020 Project, the District is to credit each of the assessments the difference, if any, between the amounts assessed and the actual cost of the improvements.

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

Recitals. The recitals are true and correct and are hereby incorporated into and form a material part of this Agreement.

Resolution 2022-03 (Declaring 2020 Project Complete) Old Hickory Community Development District
Page 1 of 4

Authority for this Resolution. This Resolution is adopted pursuant to the provisions of Florida law, including Chapters 170 and 190, Florida Statues.

Acceptance and Certification of Completion of the 2020 Project. The Board hereby accepts the Engineer’s Certification and upon reliance thereon, certifies that the 2020 Project is complete in accordance with the Master Trust Indenture and First Supplemental Trust Indenture.

Final Assessments. The Board noticed and conducted a public hearing pursuant to Chapters 170, 190 and 197, Florida Statutes, and other applicable law, relating to the imposition, levy, collection and enforcement of special assessments and imposed and levied special assessments pursuant to Resolution Numbers 2020-16, 2020-17 and 2020-23. The amount of special assessments levied pursuant to Resolution 2020-23, adopted by the Board on August 3, 2020, was later revised to $6,245,000 by Resolution 2021-01, adopted by the Board on October 5, 2020 (“Series 2020 Special Assessments”). The Engineer’s Certification indicates that the cost of the 2020 Project was in excess of $6,245,000. The 2020 Project cost therefore does exceed the par amount of the Series 2020 Special Assessments, as required by Section 170.08, Florida Statutes.

Severability. If any section or part of a section of this Resolution is declared invalid or unconstitutional, the validity, force or effect of any other section or part of a section of this resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

Conflicts. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.

Effective Date. This resolution shall take effect immediately upon its adoption.

[SIGNATURE PAGE TO FOLLOW]

Resolution 2022-03 (Declaring 2020 Project Complete) Old Hickory Community Development District
Page 2 of 4

PASSED AND ADOPTED THIS 	DAY OF MARCH, 2022.

ATTEST:	OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT

By: George Flint	By: 	
Title: Secretary	Title: 	

Resolution 2022-03 (Declaring 2020 Project Complete) Old Hickory Community Development District
Page 3 of 4

EXHIBIT “A”

ENGINEER’S CERTIFICATION DATED MARCH 	, 2022

[See attached.]

Resolution 2022-03 (Declaring 2020 Project Complete) Old Hickory Community Development District
Page 4 of 4

ENGINEER’S CERTIFICATE

The undersigned representative of HAMILTON ENGINEERING &  SURVEYING, INC., as the designated engineer (“District Engineer”) for the Old Hickory Community Development District in connection with the $6,245,000 “Old Hickory Community Development District Special Assessment Bonds, Series 2020 (2020 Project)” (“Series 2020 Bonds”) hereby certify:

The District Engineer prepared the “Old Hickory Community Development District Engineer’s Report,” dated June 1, 2020, amended from time to time (the “Engineer’s Report”), which identifies and describes the public infrastructure deemed necessary for the 2020 Project, financed with the Series 2020 Bonds (the “2020 Project”). According to Table 2 of the Engineer’s Report, the total cost of the 2020 Project was anticipated to be $16,807,000.

The 2020 Project has been substantially completed in accordance with the Engineer’s Report with no substantial deviations.

Pursuant to Section 5.01(c) of the Master Trust Indenture, the Completion Date is hereby established as of the date of this Certificate.

The final cost to complete the 2020 Project, as described in the Engineer’s Report, was in excess of $6,245,000.

HAMILTON ENGINEERING & SURVEYING, INC.

By: 	

Name: David A. Reid

Title: Vice President of Engineering - Orlando

Dated: March 	, 2022

Resolution 2022-03 (Declaring 2020 Project Complete) Old Hickory Community Development District
Page 1 of 1

S ECTION VI

S ECTION C

S ECTION 1

Old Hickory
Community Development District

Summary of Checks

February 1, 2022 to February 28, 2022

	Bank	Date	Check#	Amount	
	
General Fund	
2/2/22	
130	
$	85.03	
		2/8/22	131	$	4,608.94	
		2/11/22	132-135	$	63,877.97	
		2/23/22	136-138	$	4,026.71	
				$	72,598.65	
	Payroll Fund	February 2022			
		Adam Morgan	50008	$	184.70	
		Patrick Bonin Jr .	50009	$	184.70	
				$	369.40	
				$	12,96s.os I	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 2/28/22
***  CHECK DATES 02/01/2022 - 02/28/2022 ***	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	#

2/02/22 00007

2/08/22 00001

1/26/22 59098JAN 202201 320-53800-43200
4000 BLOCK EVEN HICKORY
1/26/22 59099JAN 202201 320-53800-43200
4500 BLOCK ODD HOLSTEIN

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

CITY OF ST. CLOUD
-
2/01/22 36	202202 310-51300-34000
MANAGEMENT FEES FEB22 2/01/2236	202202 310-51300-35300
WEBSITE ADMIN FEB22
2/01/2236	202202 310-51300-35100
INFORMATION TECH FEB22 2/01/2236	202202 310-51300-31300
DISSEMINATION FEE FEB22 2/01/2236	202202 310-51300-51000
OFFICE SUPPLIES
2/01/2236	202202 310-51300-42000
POSTAGE
2/01/2237	202202 320-53800-12000
FIELD MANAGEMENT FEB22

*	50.75
*	34.28

-

- - -	-   -  -  - - -
*	2,916.67
*	50.00
*	87.50
*	291.67
*	.57
*	12.53
*	1,250.00

85.03 000130

2/11/22 00010

2/11/22 00009

2/11/22 00012

GOVERNMENTAL MANAGEMENT SERVICES
1/31/22 200132	202201 320-53800-47000
AQUATIC PLANT MGMT JAN22
APPLIED AQUATICS MANAGEMENT INC
2/01/22 11031	202202 320-53800-46200
LAWN MAINTENANCE FEB22
FLORALAWN 2, LLC
2/10/22 02102022 202202 300-20700-10000
FY22 SPCL ASMT SER2020

- - -  - - - - - - - -4,-608.- 94-

-

*	1,295.00
-  -  -  - -  - - - - - -1-,2-95.-00-
*	8,464.00

-

-  -  - -  -  - -  -  -  -	8,- 46- 4.- 00-
*	54,025.17

000131

000132

000133

2/11/22 00007

2/23/22 00009

OLD HICKORY CDD C/0 USBANK
2/02/22 62499JAN 202201 320-53800-43200
4451 HICKORY GROVE ROAD
- - - - - - - - - -  -  -  - - - - - -C-ITY OF ST. CLOUD 2/15/22 11250	202202 320-53800-46300
MAGNOLIA RPLC-PREP/INST.
- - - - - - - -  -  -  -  -  -  -  -  -  -  -FL-ORALAWN 2, LLC

-  -  -  -  -  -  -  -  - -
*	93.80
-  -  -  -  -  -  -  -  - -
*	896.71
- - - - - - - - -

54,025.17 000134

93.80 000135

896.7-1 000136

2/23/22 00011

2/01/22 21889	202201 310-51300-32200
FY21 AUDIT FEE - FINAL

*	2,900.00

- - - - -

GRAU AND ASSOCIATES	2,900.00 000137

OLDH OLD HICKORY CD TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER
***  CHECK DATES 02/01/2022 - 02/28/2022 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND

RUN 2/28/22	PAGE	2

CHECK  VEND# •....INVOICE..•.....EXPENSED TO...	VENDOR NAME DATE	DATE	INVOICE	YRMO DPT ACCT# SUB SUBCLASS
2/23/22 00002	2/18/22 3515	202201 310-51300-31500
AUDIT RPT/LTTR/RESPONSE

STATUS	AMOUNT	••••CHECK	•
AMOUNT	#
*	230.00

LATHUM, LUNA, EDEN &   BEAUDINE	230.00 000138

TOTAL FOR BANK A TOTAL FOR REGISTER

72,598.65
72,598.65

OLDH OLD HICKORY CD TVISCARRA

S ECTION 2

•• •••••••

Old Hickory
Community Development District

Unaudited Financial Reporting January 31, 2022

TABLE OF CONTENTS

BALANCE SHEET

GENERAL FUND INCOME STATEMENT

DEBT SERVICE FUND SERI ES 2020

CAPITAL PROJECTS FUND SERIES 2020

MONTH TO MONTH

DEVELOPER  CONTRIBUTION SCHEDULE

LONG TERM DEBT SUMMARY

FY22  ASSESSMENT  RECEIPT SCHEDULE

Old Hickory
COMMUNITY DEVELOPMENT DISTRICT BALANCE SHEET
January 31, 2022

General	Debt Service	Capital Projects
 	Fund	Fund	Fund	

Total
I	 	2022

ASSETS:
CASH	$233,733	---	---	$233,733 INVESTMENTS
SERIES 2020
RESERVE	$178,050	---	$178,050	
REVENUE	---	$279,337	---	$279,337	
CONSTRUCTION	---	---	$7	$7	
COST OF ISSUANCE		---	---	$0	
TOTAL ASSETS	$233,733	$457,387	$7	$691,127	

LIABILITIES:					
ACCOUNTS PAYABLE	$4,604	---	---	$4,604	
FUND EQUITY:					
FUND BALANCES:
RESTRICTED FOR DEBT SERVICE	---	
$457,387	---	
$457,387	
RESTRICTED FOR CAPITAL PROJECTS	---	---	$7	$7	
UNASSIGNED	$229,129	---	---	$229,129	

TOTAL LIABILITIES & FUND EQUITY	 	$233,733	$457,387	$7	$691,127

Old Hickory
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
Statement of Revenues & Expenditures
For The Pertod Ending January 31, 2022

ADOPTED	PRORATED BUDGET	ACTUAL
 	BUDGET	THRU1/31/22	THRU 1/31/22	VARIANCE 
REVENUES:		

SPECIAL ASSESSMENTS	
$232,162	
$143,380	
$143,380	
$0	
DIRECT ASSESSM ENTS	$155,636	$155,636	$155,636	$0	
DEVELOPER CONTRIBUTIONS	$0	$0	$6,522	$6,522	

TOTAL REVENUES	 	$387,798	$299,016	$305,538	$6,522 

EXPENDITURES;

ADM INISTRATIVE:		
SUPERVISOR FEES	$12,000	
$4,000	
$400	
$3,600	
FICA EXPENSE	$918	$306	$31	$275	
ENGINEERING	$12,000	$4,000	$190	$3,810	
ATTORNEY	$25,000	$8,333	$1,125	$7,208	
ARBITRAGE	$0	$0	$450	($450)	
DISSEMINATION	$3,500	$1,167	$1,167	($0)	
ANNUAL AUDIT	$4,400	$4,400	$4,400	$0	
TRUSTEE FEES	$0	$4,041	$4,041	$0	
MANAGEMENT FEES	$35,000	$11,667	$11,667	($0)	
INFORMATION TECHNOLOGY	$1,050	$350	$350	$0	
WEBSITE MAINTENANCE	$600	$200	$200	$0	
TELEPHONE	$300	$100	$0	$100	
POSTAGE	$1,000	$333	$36	$298	
INSURANCE	$5,500	$5,500	$5,251	$249	
PRINTING & BINDING	$1,000	$333	$60	$273	
LEGALADVERTISING	$2,500	$833	$0	$833	
OTHER CURRENT CHARGES	$1,000	$333	$149	$185	
OFFICE SUPPLIES	$625	$208	$2	$207	
DUES, LICENSES & SUBSCRIPTIONS	$175	$175	$175	$0	

TOTAL ADMINISTRATIVE	 	$106,568	$46,280	$29,692	$16,588 

ElflQ;.

FIELD SERVICES	$15,000	$5,000	$5,000	$0
PROPERTY INSURANCE	$5,000	$5,000	$1,271	$3,729
ELECTRIC	$1,500	$500	$96	$404
STREETLIGHTS	$90,000	$30,000	$0	$30,000
WATER&SEWER		$20,000		$6,667		$3,027	$3,640 LANDSCAPE MAINTENANCE	$119,724	$39,908	$32,313	$7,595 LANDSCAPE CONTINGENCY			$1,500			$500			$0		$500
LAKE MAINTENANCE	$16,006	$5,335	$5,180	$155
IRRIGATION REPAIRS	$2,500	$833	$1,850	($1,017)
REPAIRS & MAINTENANCE	$2,500		$833		$0		$833 WALLS, ENTRY & MONUMENTS	$2,500		$833		$0		$833 CONTINGENCY	$5,000	$1,667	$3,150	($1,4831

TOTAL FIELD	 	$281,230	$97,077	$51,886	$45,190		
TOTAL EXPENDITURES	 	$387,798	$143,357	$81,578	$61,779		
EXCESS REVENUES (EXPENDITURES)	 	$0	$223,960			
FUND BALANCE. Beginning	 	$0	$5,169			
FUND BALANCE• Ending	$0	$229,129		

2

Old Hickory
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
SERIES 2020
Sta1ement  of  Revenues & Expendi1ures
For The Period Ending January 31, 2022

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 1/31/22	ACTUAL
THRU 1/31/22	
VARIANCE			
REVENUES:								
SPECIAL ASSESSENTS		$213,186	$131,661	$131,661		$0		
DIRECT ASSESSMENTS		$142,914	$142,914	$142,914		$0		
INTEREST		$0	$0	$7		$7		
TOTAL REVENUES		$356,100	$274,575	$274,582		$7		

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 SOURCES IIUS ES /								
TRANSFER OUT		$0	$0	($4)		($4)		
TOTAL OTHER SOURCES/(USES}		$0	$0	($4)		($4)		
								
EXCESS REVENUES (EXPENDITURES}		$1,250		$159,653				
								
FUND BALANCE- Beginning		$119,688		$297,734				
								
FUND BALANCE - Ending		$120,938		$457,387				

3

Old Hickory
COMMUNITY DEVELOPMENT DISTRICT CAPITAL PROJECTS FUND
SERIES 2020
S'irem  ent of Revenues & Expendi1ur es
For The Period Ending January 31, 2022

	ADOPTED
BUDGET		PRORATED BUDGET
THRU 1/31/22		ACTUAL
THRU 1/31/22	
VARIANCE		
REVENUES:									
INTEREST			$0		$0	$0		$0	
TOTAL REVENUES			$0		$0	$0		$0	

EXPENDITURES:									
CAPITAL OUTLAY-CONSTRUCTION			$0		$0	$0		$0	
CAPITALOUTLAY-COSTOF ISSUANCE			$0		$0	$0		$0	
TOTAL EXPENDITURES			$0		$0	$0		$0	

OTHER SOURCES /(US ES /									

TRANSFER IN			$0		$0	$4		$4	
TOTAL OTHER SOURCES/(USES)			$0		$0	$4		$4	
									
EXCESS REVENUES (EXPENDITURES)			$0			$4			
									
FUND BALANCE- Beginning			$0			$4			
									
FUND BALANCE-Ending			$0			$7			

4

Old Hickory
Community Development District

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total
REVENUES:

SPEOAL ASSESSMENTS	$0	$2,121	$121,583	$19,676	$0	$0	$0	$0	$0	so	$0	$0	$143,380	
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	I     56,5   22       5157,757       $121,583	67_6 	   $0	$0	so	so	$0	so         so	so    $  305,538 1
EXPENDITURES:

AQMINISTRATTVE:
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 ENG!NEERING	$190	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$190
ATTORNEY	$845		$50		$0	$230	$0	$0	$0	$0	$0	$0	$0	$0	$1,125 ARBITRAGE	$450			$0		$0		$0	$0	$0	$0	$0	$0	$0	$0	$0		$450 DISSEMINATION	$292	$292	$292	$292	$0	$0               $0               $0               $0               $0               $0               $0           $1,167   ANNUAL AUDIT                                         $0                 $0           $1,500           $2,900                  $0                 $0                 $0                 $0                 $0                 $0                 $0                 $0           $4,400 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           $2,917                 $0                 $0                 $0                 $0                 $0                 $0                 $0                 $0         $11,667 INFORMATION TECHNOLOGY $88 $88 $88 $88 $0 $0 $0 $0 $0 $0 $0 $0 $350
WEBSITE ADMINISTRATION	$50	$SO	$SO	$50	$0	$0	$0	$0	$0	$0	$0	$0	$200
TELEPHONE	$D	$D	$D	$D	$0	$0	$0	so	$0	$0	$0	$0	$0
POSTAGE			$8		$5	$8	$15	$0	$0	$0	$0	$0	$0	$0	$0		$36 INSURANCE	$5,251		$0	$0		so        $0	$0	$0	$0	so        $0	$0	$0	$5,251 PRINTING & BINDING		$38	$21	$0		$0	$0	$0	$0	so         $0              so         $0              $0              $60 LEGAL ADVERTISING $0 $0 $0 so $0 $0 $0 $0 $0 $0 $0 $0 $0
OTHER CURRENT CHARGES	$36	$31	$39	$43	$0	$0	$0	$0	$0	$0	$0	$0	$149
OFFICE SUPPLIES		$1	$0	$1	so	$0	$0	$0	$0	$0	$0	$0	$0		$2 DUES, LICENSES & SUBSCRIPTIONS	$175	$0	$0	$0	$0	$0	$0	$0	$0	so        $0	$0	$175
fil1Jl;_
FIELD SERVICES	$1,250	$1,250	$1,250	$1,250	$0	$0	$0	$0	$0	$0	$0	so	$5,000
PROPERTY INSURANCE	$1,271			$0			so        so        $0	$0	$0	$0	so        $0	$0	$0	$1,271 ELECTRIC		$32		$32		$32		so        $0	$0	$D	so        $0	so        $0	$0		$96 STREETLIGHTS			$D			$0			$D		$D	$D	so         so        so        $0	$0	so    so     so WATER & SEWER	$1,806	$890	$152	$179               $0               $0               $0               so          $0               so         $0               $0           $3,027 LANDSCAPE MAINTENANCE $6,921 $8,4 64 $8,464 $8,464 $0 so so so so so $0 $0 $32,313
LANDSCAPE CONTINGENCY		$0		$0			$0		$0	$0	so        $0	so        $0	$0	$0	$0		$0 LAKE MAINTENANCE	$1,295	$1,295	$1,295	$1,295	$0	$0	$0	$0	$0	so        $0	$0	$5,180 IRRIGATION REPAIRS	$1,570		$0		$280		$0	$0	$0	$0	so        $0	$0                   $0                   $0          $1,850
REPAIRS & MAINTENANCE	$0	$0	$0	$0	$0	$0	$0	so	$0	$0	$0	$0	$0
WALLS, ENTRY & MONUMENTS	$0	$0		$0	$0	$D	$D	$0	$D	$D	$0	$D	$D		$0 CONTINGENCY	$0	$0	$3,150	$0	$D	$0	$0	$0	$D	$0	$0	$D	$3,150

TOTAL EXPENDITURES	I     $24,915          $19,42S          g9,516         $17,722	$0	$D	$0	$0	$D	$0	$0	$0 $81,578] EXCESS REVENUES (EXPENDITURES)       I   ($18,393)      $138,331     $102,067         $1,_954_	s_o              $0	$0	so          $0	$D	$0	$0 $223,960 l
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)	Over and
{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		s	4,989.79	$	$	
!Due from Developer	 	$	28,397.14 	s	28,397.14		s	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
COMMUNITY DEVELOPMENT DISTRICT

LONG TERM DEBT REPORT

SERIES 2020, SPECIAL ASSESSMENT BONDS	
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· FY2022

TAX COLLECTOR

Gross Assessments $	473,777     $	246,983   $	226,79S
Net Assessments   $	445,350   $	232,164   $	213,187
Debt Service
Date	Gross Assessments	Discounts/	Commissions	Interest	Net Amount	General Fund	Series 2020	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	
2/10/02	ACH	$	117,566.91	$	2,404.33	$	2,303.25	$	$ 112,859.33	$	58,834 .16	$	54,025.17	$ 112,859.33	

 	Totals	$	409,494.58     $    13,677.92    $	7,916.33    $	$   387,900.33    $	202,214.49 $ 185 ,685.84 $ 387,900.33

DIRECT BILLED ASSESSMENTS

Lemar Homes UC	$298,549.77	$155,635.57	$142,914.20

DATE RECEIVED	DUE
DATE	CHECK
NO.	NET
ASSESSED	AMOUNT
RECEIVED	Operation
& Maintenance	Debt Service
Series 2020	
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