Old Hickory Community Development District
Agenda August 7, 2023

Agenda

Old Hickory
Community Development District

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

July 31, 2023

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, August 7, 2023 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
Organizational Matters
Acceptance of Resignation of Juan Vasquez and Appointment of Individual to Fulfill the Board Vacancy with a Term Ending November 2024
Administration of Oath of Office to Newly Appointed Board Member
Consideration of Resolution 2023-08 Electing Assistant Secretary
Approval of Minutes of the May 1, 2023 Meeting
Public Hearing
	Consideration of Resolution 2023-05 Adopting the Fiscal Year 2024 Budget and Relating to the Annual Appropriations
Consideration of	Resolution 2023-06 Imposing Special	Assessments	and Certifying an Assessment Roll
Review and Acceptance of Fiscal Year 2022 Audit Report
	Ratification of Services Agreements for Lighting Service with Orlando Utilities Commission (OUC) - Phases 3 & 4
Consideration of Addendum to Landscape Maintenance Agreement with Floralawn for Phase 4 Maintenance
Consideration of Agreement with Applied Aquatic Management, Inc. to Provide Aquatic Maintenance
Consideration of Resolution 2023-07 Designating Assistant Treasurer of the District
Staff Reports
Attorney
Memorandum Regarding Ethics Training and Other Legislative Updates
Engineer
Presentation of Annual Report
Approval of Assignment and	Assumption of District Engineering Agreement with Madden, Moorhead, & Stokes, LLC
District Manager's Report
Approval of Check Register

Balance Sheet and Income Statement
Presentation of Number of Registered Voters - 605
Approval of Fiscal Year 2024 Meeting Schedule
Other Business
Discussion of Pending Plat Conveyances
Status of Permit Transfers
Supervisor's Requests
Adjournment

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

Enclosures

Section III

Section A

From: Stacie Vanderbilt svanderbilt@gmscfl.com
Subject: Fwd: Old Hickory and Bridgewalk COD
Date: July 11, 2023 at 6:57 PM
To:

On Jul 7, 2023, at 3:52 PM, Juan Vasquez <Juan.M.Vasg Lennar.com> wrote:

George,

I have resigned my position at Lennar and my last day is July 14, 2023, therefore, I will be resigning my position as a COD board member for both of these projects.

It was a pleasure working with you. Thanks,

Juan Vasquez, MBA, P.E. Land Development Manager Orlando Division

Juan.Vasguez@Lennar.com www.LennarOrlando.com

Cell: 407.663.4118

6675 Westwood Boulevard
sth Floor
Orlando, FL 32821

Section C

RESOLUTION 2023-08

A RESOLUTION OF THE OLD HICKORY COMMUNITY DEVELOPMENT	DISTRICT	ELECTING
	 AS	ASSISTANT SECRETARY OF THE BOARD OF SUPERVISORS

WHEREAS, the Board of Supervisors of the Old Hickory Community District desires to elect 	 as an Assistant Secretary.

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

1.		 is elected Assistant Secretary of the Board of Supervisors.

Adopted this 7th day of August, 2023.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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, May 1, 2023 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	Chairman
Adam Morgan	Vice Chairman
Rob Bonin	Assistant Secretary
Jarred Cornell	Assistant Secretary
Juan Vasquez by phone	Assistant Secretary Also present were:
George Flint	District Manager
Kristen Trucco	District Counsel
Amanda Udstad	District Engineer
Alan Scheerer	Field Manager

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order and called the roll. There were four members present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint noted that they did not have any members of the public in attendance, so the next item followed.

THIRD ORDER OF BUSINESS	Approval of Minutes of the February 6, 2023
Board of Supervisors Meeting
Mr. Flint presented the February 6, 2023 meeting minutes and asked for any comments or corrections from the Board. The Board had no changes to the minutes.

On MOTION by Mr. Register, seconded by Mr. Morgan, with all in favor, the Minutes of the February 6, 2023 Board of Supervisors Meeting, were approved, as presented.

May 1, 2023	Old Hickory CDD

FOURTH ORDER OF BUSINESS	Ratification of Temporary Access Easement
Agreement
Mr. Flint presented the Temporary Easement Agreement for the construction of a pool. He noted that he had already executed this and was asking for ratification from the Board.

On MOTION by Mr. Morgan, seconded by Mr. Register, with all in favor, the Temporary Access Easement Agreement, was ratified.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2023-04
Approving the Proposed Fiscal Year 2024 Budget and Setting a Public Hearing
Mr. Flint presented the resolution to the Board and recommended the August 7, 2023 meeting date and time for the public hearing. The proposed budget reflects a 6% increase in the per unit amount of $56 a year going from $1,009 to $1,065. Mr. Flint stated that the increase was due to maintenance cost increases.

On MOTION by Mr. Morgan, seconded by Mr. Register, with all in favor, Resolution 2023-04 Approving the Proposed Fiscal Year 2024 Budget and Setting a Public Hearing for August 7, 2023 at 1:00 p.m., at this location was approved.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Trucco had nothing further to report.

Engineer
Ms. Udstad had nothing to report to the Board.

District Manager’s Report
Approval of Check Register
Mr. Flint presented the check register from February 1st through April 24th to the Board and offered to answer any questions. There being no comments, he asked for a motion of approval.

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

Balance Sheet and Income Statement
Mr. Flint presented the unaudited financials. He asked for any questions on the financials.
This item was for informational purposes only, no action was required.

May 1, 2023	Old Hickory CDD

SEVENTH ORDER OF BUSINESS	Other Business
Discussion of Pending Plat Conveyances
Status of Permit Transfers
Mr. Register reported that there are no additional pending plat transfers. He asked that they insure that the phase 3 and 4 street lights contract has been rewritten with the CDD.

EIGHTH ORDER OF BUSINESS	Supervisor’s Requests
There being no comments, the next item followed.

NINTH ORDER OF BUSINESS	Adjournment

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

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section V

Section A

RESOLUTION 2023-05

THE ANNUAL APPROPRIATION RESOLUTION OF THE OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT (THE “DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023, AND ENDING SEPTEMBER 30, 2024; AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2023, submitted to the Board of Supervisors (the “Board”) a proposed budget for the next ensuing budget year along with an explanatory and complete financial plan for each fund of the Old Hickory Community Development District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the proposed annual budget (the “Proposed Budget”), the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set August 7, 2023, as the date for a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1, of each year, the District Board by passage of the Annual Appropriation Resolution shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

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

Section 1.	Budget

That the Board of Supervisors has reviewed the District Manager’s Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

That the District Manager’s Proposed Budget, attached hereto as Exhibit “A,” as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes, and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures for Fiscal Year 2023 and/or revised projections for Fiscal Year 2024.

That the adopted budget, as amended, shall be maintained in the office of the District Manager and at the District’s Records Office and identified as “The Budget for Old Hickory Community Development District for the Fiscal Year Ending September 30, 2024," as adopted by the Board of Supervisors on August 7, 2023.

Section 2.	Appropriations

There is hereby appropriated out of the revenues of the Old Hickory Community Development District, for the fiscal year beginning October 1, 2023, and ending September 30, 2024, the sum of $	 to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND – SERIES 2020	$	

TOTAL ALL FUNDS	$	

Section 3.	Supplemental Appropriations

The Board may authorize by resolution, supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the fiscal year as follows:

Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item.

Board may authorize an appropriation from the unappropriated balance of any fund.

Board may increase any revenue or income budget amount to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpected balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand ($10,000) Dollars or have the effect of causing more

than 10% of the total appropriation of a given program or project to be transferred previously approved transfers included.  Such transfer shall not have the effect of causing a more than
$10,000 or 10% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the Board of Supervisors. The District Manager or Treasurer must establish administrative procedures which require information on the request forms proving that such transfer requests comply with this section.

Introduced, considered favorably, and adopted this 7th day of August, 2023.

ATTEST:	OLD	HICKORY	COMMUNITY DEVELOPMENT DISTRICT

Secretary/ Assistant Secretary

By:	 Its:	

Old Hickory Community Development District

Proposed Budget
FY 2024

Table of Contents

1-2

3-7

8

9

	General Fund

	General Fund Narrative

	Debt Service Fund Series 2020

	Amortization Schedule Series 2020

Old Hickory
Community Development District

Fiscal Year 2024 General Fund

	Adopted
Budget	Actual
Thru	Projected
Next 3	Total
Thru	Proposed
Budget	
	FY2023	6/30/23	Months	9/30/23	FY2024	

Revenues						
Special Assessments	$427,829	$429,123	$0	$429,123	$427,829	
Carry Forward Surplus	$0	$0	$0	$0	$27,051	
Total Revenues	$427,829	$429,123	$0	$429,123	$454,880	

Expenditures						
Administrative						
Supervisor Fees	$12,000	$3,800	$2,000	$5,800	$12,000	
FICA Expense	$918	$291	$153	$444	$918	
Engineering	$12,000	$5,050	$2,950	$8,000	$12,000	
Attorney	$25,000	$2,786	$2,214	$5,000	$25,000	
Arbitrage	$450	$450	$0	$450	$450	
Dissemination	$3,500	$2,625	$875	$3,500	$3,500	
Annual Audit	$4,500	$5,000	$0	$5,000	$5,100	
Trustee Fees	$4,100	$4,041	$0	$4,041	$4,050	
Assessment Administration	$5,000	$5,000	$0	$5,000	$5,300	
Management Fees	$36,750	$27,563	$9,188	$36,750	$38,955	
Information Technology	$1,300	$975	$325	$1,300	$1,800	
Website Maintenance	$800	$600	$200	$800	$1,200	
Telephone	$300	$0	$25	$25	$50	
Postage	$1,000	$502	$400	$902	$1,000	
Insurance	$6,325	$5,645	$0	$5,645	$6,210	
Printing & Binding	$1,000	$53	$250	$303	$500	
Legal Advertising	$2,500	$797	$1,703	$2,500	$2,500	
Other Current Charges	$1,000	$401	$120	$521	$600	
Office Supplies	$625	$3	$65	$68	$150	
Property Appraiser	$0	$451	$0	$451	$500	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Total Administrative	$119,243	$66,206	$20,467	$86,674	$121,958	

Old Hickory
Community Development District

Fiscal Year 2024 General Fund

	Adopted
Budget	Actual
Thru	Projected
Next 3	Total
Thru	Proposed
Budget	
	FY2023	6/30/23	Months	9/30/23	FY2024	

Operations & Maintenance						
Field Services	$15,750	$11,813	$3,938	$15,750	$16,695	
Property Insurance	$1,525	$1,398	$0	$1,398	$2,500	
Electric	$1,500	$295	$100	$395	$1,500	
Streetlights	$93,025	$56,925	$23,486	$80,411	$101,430	
Water & Sewer	$20,000	$14,658	$7,300	$21,958	$24,940	
Landscape Maintenance	$143,280	$81,850	$33,903	$115,753	$142,393	
Landscape Contingency	$2,500	$1,050	$0	$1,050	$7,500	
Irrigation Repairs	$5,000	$2,466	$1,000	$3,466	$7,500	
Lake Maintenance	$16,006	$12,006	$4,002	$16,008	$16,464	
Repairs & Maintenance	$2,500	$2,065	$0	$2,065	$2,500	
Walls, Entry & Monuments	$2,500	$0	$625	$625	$2,500	
Contingency	$5,000	$1,050	$0	$1,050	$7,000	
Total Operations & Maintenance	$308,586	$185,575	$74,354	$259,928	$332,922	
						
Total Expenditures	$427,829	$251,781	$94,821	$346,602	$454,880	
						
Excess Revenues/(Expenditures)	$0	$177,342	($94,821)	$82,521	$0	

Net Assessments	

$427,829	
Collection Cost (6%)		$27,308 	
Gross Assessments	$455,137	
			Property Type	Units	Gross Per Unit	Total Gross	
			50' Lots	273	$1,009.17	$275,504.36	
			60' Lots	178	$1,009.17	$179,632.88	
			Total	451		$455,137.23	
							
		Fiscal Year 2023		Increase	Fiscal Year 2024	Fiscal Year 2024	
Property Type	Units	Gross Per Unit	% Increase	Gross Per Unit	Gross Per Unit	Total Gross	
50' Lots	273	$1,009.17	0%	$0	$1,009.17	$275,504.36	
60' Lots	178	$1,009.17	0%	$0	$1,009.17	$179,632.88	
Total	451				Gross Assessment	$455,137.23	

Old Hickory
Community Development District
GENERAL FUND BUDGET

REVENUES:

Special Assessments

The District will levy a non-ad valorem special assessment on all the assessment property within the District in order to pay for the operating expenditures during the fiscal year.

EXPENDITURES:

Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings. The amount is based on 5 supervisors attending 12 meetings during the fiscal year.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer, Hamilton Engineering & Surveying, Inc., will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices, preparation and review of contract specifications and bid documents and various projects assigned as directed by the Board of Supervisors and the District Manager.

Attorney

The District’s legal counsel, Latham, Lune, Eden & Beaudine, LLP, will be providing general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements, resolutions and other research as directed by the Board of Supervisors and the District Manager.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on the Series 2020 Special Assessment Bonds (2020 Project). The District has contracted with AMTEC Corporation for this service.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2- 12(b)(5) which relates to additional reporting requirements for unrated bond issues. The District has contracted with Governmental Management Services-Central Florida, LLC for this service on the Series 2020 Special Assessment Bonds (2020 Project).

Old Hickory
Community Development District
GENERAL FUND BUDGET

Annual Audit

The district is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis. The District has contracted with Grau & Associates for this service.

Trustee Fees

The District will pay annual trustee fees for the Series 2020 Special Assessment Bodns (2020 Project) that are located with a Trustee at USBank.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Management Fees

The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, budget preparation, all financial reporting, annual audit, etc.

Information Technology

The District has contracted with Governmental Management Services-Central Florida, LLC for costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programming for fraud protection, accounting software, Adobe, Microsoft Office, etc.

Website Maintenance

The District has contracted with Governmental Management Services-Central Florida, LLC for the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statues. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Telephone

Telephone and fax machine.

Postage

Mailing of agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public officials liability insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Old Hickory
Community Development District
GENERAL FUND BUDGET

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Miscellaneous office supplies.

Property Appraiser

Represents a fee charged by Osceola County Property Appraiser’s office for assessment administration services.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

Provide onsite field management of contracts for the District such as landscape and lake maintenance. Services to include onsite inspections, meetings with contractors, attend Board meetings and receive and respond to property owner phone calls and emails.

Property Insurance

Represents estimated costs for the annual coverage of property insurance. Coverage will be provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Electric

Represents estimated cost of electric services for irrigation meters. District has one account with Orlando Utilities Commissions currently.

Account #	Description	Monthly	Annual	
5770309167

Total	37311 Hickory Grove Road Contingency (Future Accounts)	$35	$420
	$1,080 
$1,500	

Old Hickory
Community Development District
GENERAL FUND BUDGET

Streetlights

Represents estimated cost for streetlight services that will be maintained by the District. The District will have three accounts with Orlando Utilities Commissions.

Account #	Description	Monthly	Annual	
5770309167	Ph 1 & 2 - Qty.140 - 13' Victorian II Lights	$4,900	$58,800	
TBD	Ph 3 - Qty.51 - 13' Victorian II Lights	$2,000	$24,000	
TBD	Ph 4 - Qty. 23 - 13' Victorian II Lights	$1,150	$13,800	
	Contingency			$4,830 	
Total			$101,430	

Water & Sewer

Represents costs for water services for areas within the District. The District currently has four accounts with Toho Water Authority (St. Cloud Utilities).

Account #	Description	Monthly	Annual	
59098	4000 Block Even Hickory Grove Road	$900	$10,800	
59099	4500 Block Odd Holstein Street	$115	$1,380	
63023	5200 Block Odd Presrev Boulevard Irr	$30	$360	
64268	400 Block Even Hitch Loop Irr	$625	$7,500	
	Contingency (Future Account)			$4,900 	
Total			$24,940	

Landscape Maintenance

The District will maintain the landscaping within the common areas of the District after installation of landscape material has been completed. The District has contracted with Floralawn 2, LLC for this service.

Description	Monthly	Annual	
Landscape Maintenance Phases 1 - 2	$6,921	$83,052	
Landscape Maintenance Phases 3	$1,543	$18,516	
Landscape Maintenance Phases 4 (Future Phase)	$2,837	$34,044	
			$6,781 	
Total		$142,393	

Landscape Contingency

Represents estimated costs for any additional landscape expenses not covered under the monthly landscape maintenance contract.

Irrigation Repairs

Represents estimated costs for any repairs to the irrigation system.

Old Hickory
Community Development District
GENERAL FUND BUDGET

Lake Maintenance

Represents cost for maintenance to 8 ponds located within the District. Services include shoreline grass and brush control, floating and submersed vegetation control, additional treatments as required, and a monthly report of all waterways treated. The District has contracted with Applied Aquatic Management, Inc. for these services.

Description	Monthly	Annual	
Lake Maintenance - 8 Ponds			
Tract A	$191	$2,292	
Tract I	$286	$3,432	
Tract H	$95	$1,140	
Tract K	$127	$1,524	
Tract P	$143	$1,716	
Tract DD	$143	$1,716	
Tract EE	$286	$3,432	
Tract Q	$101		$1,212 	
Total		$16,464	

Repairs & Maintenance

Represents general repairs and maintenance costs that are not budgeted under any other budget line item for area such as playground and dog park.

Walls, Entry & Monuments

Represents estimated costs for repairs and maintenance to the walls, entry and monuments maintained by the District.

Contingency

Represents any additional field expense that may not have been provided for in the budget.

Old Hickory
Community Development District

Fiscal Year 2024 Debt Service Fund Series 2020

	Adopted
Budget	Actual
Thru	Projected
Next 3	Total
Thru	Proposed
Budget	
	FY2023	6/30/23	Months	9/30/23	FY2024	

Revenues						
Assessments	$356,100	$356,387	$0	$356,387	$356,100	
Interest	$75	$12,314	$3,006	$15,320	$7,500	
Carry Forward Surplus	$122,564	$129,170	$0	$129,170	$144,553	
Total Revenues	$478,739	$497,872	$3,006	$500,878	$508,153	

Expenditures						
Interest - 12/15	$113,363	$113,163	$0	$113,163	$11,538	
Principal - 6/15	$130,000	$130,000	$0	$130,000	$130,000	
Interest - 6/15	$113,363	$113,163	$0	$113,163	$111,538	
Total Expenditures	$356,725	$356,325	$0	$356,325	$253,075	
						
Excess Revenues/(Expenditures)	$122,014	$141,547	$3,006	$144,553	$255,078	

Interest - 12/15/24  $	109,913 
 $	109,913 

Net Assessments	$356,101	
Collection Cost (6%)		$22,730 	
Gross Assessments		$378,831 	

Property Type	Units	Gross Per Unit	Total Gross	
50' Lots	273	$839.98	$229,314.54	
60' Lots	178	$839.98	$149,516.44	

Total	451	$378,830.98

Old Hickory
Series 2020, Special Assessment Bonds (2020 Project) (Term Bonds Combined)

Amortization Schedule

Date	Balance	Principal	Interest	Annual

6/15/50

$	345,000

$

12/15/23	$ 5,860,000	$	
6/15/24	$ 5,860,000	$	130	
12/15/24	$ 5,730,000	$	
6/15/25	$ 5,730,000	$	135	
12/15/25	$ 5,595,000	$	
6/15/26	$ 5,595,000	$	140	
12/15/26	$ 5,455,000	$	
6/15/27	$ 5,455,000	$	145	
12/15/27	$ 5,310,000	$	
6/15/28	$ 5,310,000	$	145	
12/15/28	$ 5,165,000	$	
6/15/29	$ 5,165,000	$	150	
12/15/29	$ 5,015,000	$	
6/15/30	$ 5,015,000	$	155	
12/15/30	$ 4,860,000	$	
6/15/31	$ 4,860,000	$	160	
12/15/31	$ 4,700,000	$	
6/15/32	$ 4,700,000	$	170	
12/15/32	$ 4,530,000	$	
6/15/33	$ 4,530,000	$	175	
12/15/33	$ 4,355,000	$	
6/15/34	$ 4,355,000	$	185	
12/15/34	$ 4,170,000	$	
6/15/35	$ 4,170,000	$	190	
12/15/35	$ 3,980,000	$	
6/15/36	$ 3,980,000	$	200	
12/15/36	$ 3,780,000	$	
6/15/37	$ 3,780,000	$	205	
12/15/37	$ 3,575,000	$	
6/15/38	$ 3,575,000	$	215	
12/15/38	$ 3,360,000	$	
6/15/39	$ 3,360,000	$	225	
12/15/39	$ 3,135,000	$	
6/15/40	$ 3,135,000	$	230	
12/15/40	$ 2,905,000	$	
6/15/41	$ 2,905,000	$	240	
12/15/41	$ 2,665,000	$	
6/15/42	$ 2,665,000	$	250	
12/15/42	$ 2,415,000	$	
6/15/43	$ 2,415,000	$	260	
12/15/43	$ 2,155,000	$	
6/15/44	$ 2,155,000	$	270	
12/15/44	$ 1,885,000	$	
6/15/45	$ 1,885,000	$	285	
12/15/45	$ 1,600,000	$	
6/15/46	$ 1,600,000	$	295	
12/15/46	$ 1,305,000	$	
6/15/47	$ 1,305,000	$	305	
12/15/47	$ 1,000,000	$	
6/15/48	$ 1,000,000	$	320	
12/15/48	$	680,000	$	
6/15/49	$	680,000	$	335	
12/15/49	$	345,000	$	

,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
,000  $
$
$	345,000  $

111,537.50  $
111,537.50  $
109,912.50  $
109,912.50  $
108,225.00  $
108,225.00  $
106,125.00  $
106,125.00  $
103,950.00  $
103,950.00  $
101,775.00  $
101,775.00  $
99,525.00  $
99,525.00  $
97,200.00  $
97,200.00  $
94,000.00  $
94,000.00  $
90,600.00  $
90,600.00  $
87,100.00  $
87,100.00  $
83,400.00  $
83,400.00  $
79,600.00  $
79,600.00  $
75,600.00  $
75,600.00  $
71,500.00  $
71,500.00  $
67,200.00  $
67,200.00  $
62,700.00  $
62,700.00  $
58,100.00  $
58,100.00  $
53,300.00  $
53,300.00  $
48,300.00  $
48,300.00  $
43,100.00  $
43,100.00  $
37,700.00  $
37,700.00  $
32,000.00  $
32,000.00  $
26,100.00  $
26,100.00  $
20,000.00  $
20,000.00  $
13,600.00  $
13,600.00  $
6,900.00  $
6,900.00  $

111,537.50
- 351,450.00
- 353,137.50
- 354,350.00
- 355,075.00
- 350,725.00
- 351,300.00
- 351,725.00
- 351,200.00
- 354,600.00
- 352,700.00
- 355,500.00
- 353,000.00
- 355,200.00
- 352,100.00
- 353,700.00
- 354,900.00
- 350,800.00
- 351,400.00
- 351,600.00
- 351,400.00
- 350,800.00
- 354,700.00
- 353,100.00
- 351,100.00
- 353,600.00
- 355,500.00
351,900.00

Totals	$	5,860,000  $  3,778,100.00  $  9,638,100.00

Section B

RESOLUTION 2023-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT IMPOSING SPECIAL ASSESSMENTS AND CERTIFYING AN ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Old Hickory Community Development District (“the District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and

WHEREAS, the District is located in Osceola County, Florida (the “County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted Improvement Plan and Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors of the District (“Board”) hereby determines to undertake various operations and maintenance activities described in the District’s budget for Fiscal Year 2023-2024 (“Operations and Maintenance Budget”), attached hereto as Exhibit “A” and incorporated by reference herein; and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the District’s budget for Fiscal Year 2023-2024; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and

WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and

WHEREAS, the District has previously levied an assessment for debt service, a portion of which the District desires to collect on the tax roll for platted lots, pursuant to the Uniform Method (defined below) and which is also indicated on Exhibit “A”, and the remaining portion of which the District desires to levy and directly collect on the remaining unplatted lands; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”); and

WHEREAS, the District has previously evidenced its intention to utilize this Uniform Method and has approved an Agreement with the County Tax Collector to provide for the collection of the special assessments under the Uniform Method; and

WHEREAS, it is in the best interests of the District to collected special assessments for operations and maintenance on platted lots using the Uniform Method and to directly collect from the remaining unplatted property reflecting their portion of the District’s operations and maintenance expenses, as set forth in the budget; and

WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the Old Hickory Community Development District (the “Assessment Roll”) attached to this Resolution as Exhibit “B” and incorporated as a material part of this Resolution by this reference, and to certify the portion of the Assessment Roll on platted property to the County Tax Collector pursuant to the Uniform Method and to directly collect the remaining portion on the unplatted property; and

WHEREAS, it is in the best interests of the District to permit the District Manager to amend, from time to time, the Assessment Roll adopted herein, including that portion certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

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

SECTION 1.	INCORPORATION OF RECITALS AND AUTHORITY.	The
recitals stated above are true and correct and by this reference are incorporated by reference as a material part of this Resolution. The Resolution is adopted pursuant to the provisions of Florida Law, including Chapter 170, 190 and 197, Florida Statutes.

SECTION 2. BENEFIT. The provision of the services, facilities, and operations as described in Exhibit “A” confer a special and peculiar benefit to the lands within the District, which benefits exceed or equal the costs of the assessments. The allocation of the costs to the specially benefitted lands is shown in Exhibits “A” and “B.”

SECTION 3. ASSESSMENT IMPOSITION. A special assessment for operation and maintenance as provided for in Chapter 190, Florida Statutes, is hereby imposed and levied on benefitted lands within the District in accordance with Exhibit “B.” The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution.

SECTION 4. COLLECTION. The collection of the previously levied debt service assessments and operation and maintenance special assessments on platted lots and developed lands shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as set forth in Exhibits “A” and “B.” The previously levied debt services assessments and operations and maintenance assessments on undeveloped and unplatted lands will be collected directly by the District in accordance with Florida law, as set forth in Exhibits “A” and “B.” Assessments directly collected by the District are due according to the flowing schedule: 50% due no later than November 1, 2023, 25% due no later than February 1, 2024 and 25% due no later than May 1, 2024. In the event that an assessment payment is not made in

accordance with the schedule stated above, such assessment and any future scheduled assessment payments due for Fiscal Year 2024 shall be delinquent and shall accrue penalties and interest in the amount of one percent (1%) per month plus all costs of collection and enforcement, and shall either be enforced pursuant to a foreclosure action, or, at the District’s discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. In the event as assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings to collect and enforce the delinquent and remaining assessments. Notwithstanding the foregoing, any assessments which, by operation of law or otherwise, have been accelerated for non-payment, are not certified by this Resolution.

SECTION 5.	CERTIFICATION OF ASSESSMENT ROLL.	The District’s
Assessment Roll, attached to this Resolution as Exhibit “B,” is hereby certified. That portion of the District’s Assessment Roll which includes developed lands and platted lots is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds there from shall be paid to the Old Hickory Community Development District.

SECTION 6. ASSESSMENT ROLL AMENDMENT. The District Manager shall keep appraised of all updates made to the County property roll by Property Appraiser after the date of this Resolution, and shall amend the District’s Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates to the tax roll in the District records.

SECTION 7. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 8. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board of Supervisors of the Old Hickory Community Development District.

PASSED AND ADOPTED this 7th day of August, 2023.

ATTEST:	OLD	HICKORY	COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its:	

Section VI

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT
CITY OF ST. CLOUD, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2022

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT CITY OF ST. CLOUD, FLORIDA

TABLE OF CONTENTS

	Page	
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet – Governmental Funds
to the Statement of Net Position	
10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to Financial Statements	13-21	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – General Fund	
22	
Notes to Required Supplementary Information	23	
OTHER INFORMATION		
Data Elements required by FL Statute 218.39 (3) (c)	24	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

25-26	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	

27	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
28-29	

INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Old Hickory Community Development District City of St. Cloud, Florida

951 Yamato Road ▪ Suite 280
Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying financial statements of the governmental activities and each major fund of Old Hickory Community Development District, City of St. Cloud, Florida (“District”) as of and for the fiscal year ended September 30, 2022, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2022, and the respective changes in financial position thereof for the fiscal year ended then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
The District’s management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America; and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with GAAS, we:
Exercise professional judgment and maintain professional skepticism throughout the audit.
Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, no such opinion is expressed.
Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information Included in the Financial Report
Management is responsible for the other information included in the financial report. The other information comprises the information for compliance with FL Statute 218.39 (3) (c) but does not include the financial statements and our auditor's report thereon. Our opinions on the financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated June 19, 2023, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

June 19, 2023

MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of Old Hickory Community Development District, City of St. Cloud, Florida (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2022. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.

FINANCIAL HIGHLIGHTS

The assets of the District exceeded its liabilities at the close of the most recent fiscal year resulting in a net position balance of $3,126,271.

The change in the District’s total net position for the fiscal year ended September 30, 2022 was
$2,401,894, an increase. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.

At September 30, 2022, the District’s governmental funds reported combined ending fund balance of $432,685, and increase of $129,777. The fund balance is non spendable for prepaids, restricted for debt service and the remainder is unassigned fund balance.

OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis are intended to serve as the introduction to the District’s financial statements. The District’s basic financial statements are comprised of three components: 1) government- wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements

The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.

The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

The government-wide financial statements include all governmental activities that are principally supported by Developer contributions and assessments. The District does not have any business-type activities. The governmental activities of the District include the general government (management) and maintenance functions.

Fund Financial Statements

A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category: governmental funds.

OVERVIEW OF FINANCIAL STATEMENTS (Continued)

Governmental Funds

Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balance provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains three individual governmental fund. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund, debt service fund and capital projects fund, all of which are considered major funds.

The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.

Notes to the Financial Statements

The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

GOVERNMENT-WIDE FINANCIAL ANALYSIS

As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, assets exceeded liabilities at the close of the most recent fiscal year.
Key components of the District’s net position are reflected in the following table:
NET POSITION SEPTEMBER 30, 2020
	2022	2021	
Current and other assets	$	477,662	$	329,046	
Capital assets, net of depreciation	9,866,594	6,735,991	
Total assets	10,344,256	7,065,037	
Current liabilities	110,988	93,178	
Long-term liabilities	7,106,997	6,247,482	
Total liabilities	7,217,985	6,340,660	
Net position
Net investment in capital assets	
2,759,597	
488,513	
Restricted	241,210	230,694	
Unrestricted	125,464	5,170	
Total net position	$	3,126,271	$	724,377	

The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure) less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position may be used to meet the District’s other obligations.

The District’s net position increased during the most recent fiscal year. The majority of the increase represents the extent to which program revenues exceeded the cost of operations and depreciation expense.

Key elements of the change in net position are reflected in the following table:
CHANGES IN NET POSITION
FOR THE FISCAL YEAR ENDED SEPTEMBER 30
	2022	2021	
Revenues: Program revenues
Charges for services	

$	765,709	

$	356,100	
Operating grants and contributions	7,479	192,052	
Capital grants and contributions	9,580,279	921,834	
Total revenues	10,353,467	1,469,986	
Expenses:
General government	
75,652	
63,029	
Maintenance and operations	382,886	129,059	
Conveyance of infrastructure	7,248,167	-	
Bond issue costs	-	344,576	
Interest	244,868	214,169	
Total expenses	7,951,573	750,833	
Change in net position	2,401,894	719,153	
Net position - beginning	724,377	5,224	
Net position - ending	$	3,126,271	$	724,377	
As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2022 was $7,951,573. The costs of the District’s activities were primarily funded by program revenues which are primarily comprised of assessments and Developer contributions. The increase in program revenues is mostly the result of the increase in Developer contributions. The increase in current fiscal year expenses is primarily the result of conveyances of completed infrastructure to other entities. Additional information related to Developer contributions and the District’s capital assets is reflected in the notes to the financial statements.

GENERAL BUDGETING HIGHLIGHTS

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors.

CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets

At September 30, 2022, the District had $10,083,593 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $216,999 has been taken, which resulted in a net book value of $9,866,594. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt

At September 30, 2022, the District had $5,990,000 Bonds outstanding and $998,739 in lease payable. for its governmental activities. More detailed information about the District’s capital debt is presented in the notes of the financial statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS

The District anticipates that the general operations of the District will continue to increase. CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT
This financial report is designed to provide our citizens, land owners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Old Hickory Community Development District’s Finance Department at 219 E. Livingston Street, Orlando, Florida, 32801.

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT CITY OF ST. CLOUD, FLORIDA STATEMENT OF NET POSITION
SEPTEMBER 30, 2022

	Governmental
	Activities		
ASSETS
Cash and cash equivalents	
$	156,514	
Assessments receivable	3,614	
Prepaid items	12,043	
Restricted assets:
Investments	
305,491	
Capital assets:
Depreciable, net	
	9,866,594 	
Total assets		10,344,256 	
LIABILITIES
Accounts payable	
44,977	
Accrued interest payable	66,011	
Non-current liabilities:
Due within one year	
164,523	
Due in more than one year		6,942,474 	
Total liabilities		7,217,985 	
NET POSITION
Net investment in capital assets	
2,759,597	
Restricted for debt service	241,210	
Unrestricted		125,464 	
Total net position	 $	3,126,271 	

See notes to the financial statements

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT CITY OF ST. CLOUD, FLORIDA STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2022

Charges for

Program Revenues Operating Grants and

Capital Grants and

Net (Expense) Revenue and Changes in Net Position

Governmental

Functions/Programs		Expenses	Services	Contributions	Contributions	Activities	 Primary government:
Governmental activities:
General government	$	75,652	$	75,652	$	6,522	$	-	$	6,522	
Maintenance and operations	382,886	316,581	-	9,580,279	9,513,974	
Conveyance of infrastructure		7,248,167		-		-	-	(7,248,167) Interest on long-term debt			244,868	373,476	957	-		129,565 
Total governmental activities		7,951,573	765,709	7,479	9,580,279	2,401,894 

Change in net position	2,401,894	
Net position - beginning		724,377 	
Net position - ending	 $	3,126,271 	

See notes to the financial statements

8

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT CITY OF ST. CLOUD, FLORIDA
BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2022

	Major Funds		Total

Debt
General	Service

Capital Projects

Governmental Funds

ASSETS		
Cash and cash equivalents	$	156,514	$	-	$	-	$	156,514	
Investments		-		305,491		-		305,491	
Assessments receivable		1,884		1,730		-		3,614	
Prepaid items		12,043		-		-		12,043	
Total assets	$	170,441	$	307,221	$	-	$	477,662	

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	44,977	$	-	$	-	$	44,977	
Total liabilities	44,977	-	-	44,977	

Fund balances:
Nonspendable:
Prepaid items Restricted for:
Debt service		12,043

-		-

307,221		-

-		12,043

307,221	
Unassigned		113,421		-		-		113,421	
Total fund balances		125,464		307,221		-		432,685	

Total liabilities and fund balances	
$	
170,441	
$	
307,221	
$	
-	
$	
477,662	

See notes to the financial statement

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT CITY OF ST. CLOUD, FLORIDA
RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2022

Fund balance - governmental funds	$ 432,685 Amounts reported for governmental activities in the statement of
net position are different because:
Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets, net of any accumulated depreciation, in the net position of the government as a whole.
Cost of capital assets	10,083,593
Accumulated depreciation	   (216,999)    9,866,594
Liabilities not due and payable from current available resources are not reported as liabilities in the governmental fund statements. All liabilities, both current and long-term, are reported in the government-wide financial statements.
Accrued interest payable	(66,011)
Bonds and lease payable		(7,106,997)		(7,173,008)  Net position of governmental activities			$		3,126,271

See notes to the financial statement

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT CITY OF ST. CLOUD, FLORIDA
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2022

	Major Funds		Total

Debt
General	Service

Capital Projects

Governmental Funds

REVENUES		
Special assessments	$	392,233	$	373,476	$	-	$	765,709	
Developer contributions	6,522	-	-	6,522	
Interest earnings	-	957	-	957	
Total revenues	398,755	374,433	-	773,188	

EXPENDITURES
Current:
General government	75,652	-	-	75,652	
Maintenance and operations Debt service:
Principal	165,887

16,751	-

135,000	-

-	165,887

151,751	
Interest	20,171	229,950	-	250,121	
Capital outlay	1,015,490	-	-	1,015,490	
Total expenditures	1,293,951	364,950	-	1,658,901	

Excess (deficiency) of revenues over (under) expenditures	

(895,196)	

9,483	

-	

(885,713)	

OTHER FINANCING SOURCES (USES)					
Transfers in (out) Leases issued	- 1,015,490	4
-	
-	(4)	- 1,015,490	
Total other financing sources (uses)	1,015,490	4		(4)	1,015,490	

Net change in fund balances	
120,294	
9,487		
(4)	
129,777	
Fund balances - beginning	5,170	297,734		4	302,908	

Fund balances - ending	
$	125,464	
$	307,221	
$	-		
$	432,685	

See notes to the financial statements

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT CITY OF ST. CLOUD, FLORIDA
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2022

Net change in fund balances - total governmental funds	$	129,777	
Amounts reported for governmental activities in the statement of activities are different because:		
Repayment of long-term liabilities are reported as expenditures in the governmental fund statements, but such repayments reduce liabilities in the statement of net position and are eliminated in the statement of activities.	

151,751	
Amortization of Bond premiums is not recognized in the governmental fund financial statements, but is reported as an expense in the statement of activities.	

4,224	
The statement of activities reports noncash contributions as revenues, but these revenues are not reported in the governmental fund financial statements.	

9,580,279	
Conveyances of infrastructure improvements to other governments of previously capitalized capital assets is recorded as an expense in the statement of activities.	

(7,248,167)	
Depreciation on capital assets is not recognized in the governmental fund financial statements, however, these amounts are recognized as expenses in the government-wide statement of activities.	

(216,999)	
The change in accrued interest on long-term liabilities between the current and prior fiscal year is recorded in the statement of activities but not in the governmental fund financial statements.	

	1,029 	
Change in net position of governmental activities	$	2,401,894	

See notes to the financial statements

OLD HICKERY COMMUNITY DEVELOPMENT DISTRICT CITY OF ST. CLOUD, FLORIDA
NOTES TO FINANCIAL STATEMENTS

NOTE 1 - NATURE OF ORGANIZATION AND REPORTING ENTITY

Old Hickory Community Development District (the "District") was established by the City Council of City of St. Cloud’s approval of Ordinance No. 2020-09 effective on May 14, 2020 pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.

The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.

The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected on an at large basis by the owners of the property within the District. The Board exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes. As of September 30, 2022, all of the Board members are affiliated with Lennar Homes (“Developer”).

The Board has the responsibility for:
Allocating and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District is considered to be financially accountable and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements.

The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.

The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include: 1) charges to customers who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment; operating- type special assessments for maintenance and debt service are treated as charges for services and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures including lease liabilities are recorded only when payment is due.

Assessments
Assessments are non-ad valorem assessments on benefited property within the District. Operating and maintenance assessments are based upon the adopted budget and levied annually at a public hearing of the District. Debt service assessments are levied when Bonds are issued and assessed and collected on an annual basis. The District may collect assessments directly or utilize the uniform method of collection under Florida Statutes. Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by the County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the debt service assessments on their property subject to various provisions in the Bond documents.

Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The District reports the following major governmental fund:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.

Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.

Capital Projects Fund
This fund accounts for the financial resources to be used for the acquisition or construction of major infrastructure within the District.

As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements.

When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity

Restricted Assets
These assets represent cash and investments set aside pursuant to Bond covenants or other contractual restrictions.

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).

The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section
218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:

The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.

Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due.

The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.

Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost (except for intangible right-to-use lease assets, the measurement of which is discussed below) if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.

Property, plant and equipment including the right to use leased equipment of the District are depreciated/amortized using the straight-line method over the following estimated useful lives:

Assets	Years	
Stormwater system	30	
Landscape & Hardscape	20	
Right-to-use leased equipment	20	

In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the governmental fund financial statements.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)

Leases
The District is a lessee for a noncancellable lease of equipment. The District recognizes a lease liability and an intangible right-to-use lease asset (lease asset) in the government-wide financial statements. The District recognizes lease liabilities with an initial, individual value of $5,000 or more.

At the commencement of a lease, the District initially measures the lease liability at the present value of payments expected to be made during the lease term. Subsequently, the lease liability is reduced by the principal portion of lease payments made. The lease asset is initially measured as the initial amount of the lease liability, adjusted for lease payments made at or before the lease commencement date, plus certain initial direct costs. Subsequently, the lease asset is amortized on a straight-line basis over its useful life.

Key estimates and judgments related to leases include how the District determines (1) the discount rate it uses to discount the expected lease payments to present value, (2) lease term, and (3) lease payments. The District uses the interest rate charged by the lessor as the discount rate. When the interest rate charged by the lessor is not provided, the District generally uses its estimated incremental borrowing rate as the discount rate for leases.

The lease term includes the noncancellable period of the lease. Lease payments included in the measurement of the lease liability are composed of fixed payments and purchase option price that the District is reasonably certain to exercise.

The District monitors changes in circumstances that would require a remeasurement of its lease and will remeasure the lease asset and liability if certain changes occur that are expected to significantly affect the amount of the lease liability. Lease assets are reported with other capital assets and lease liabilities are reported with long term debt on the statement of net position.

Unearned Revenue
Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.

In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.

NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)

Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.

The District can establish limitations on the use of fund balance as follows:

Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.

Assigned fund balance – Includes spendable fund balance amounts established by the Board of Supervisors that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.

Fund Equity/Net Position (Continued)
The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.

Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

Other Disclosures

Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 - BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for the general fund. All annual appropriations lapse at fiscal year-end.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.
Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
Public hearings are conducted to obtain comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriations for annually budgeted funds lapse at the end of the year.

NOTE 4 – DEPOSITS AND INVESTMENTS

Deposits
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.

Investments
The District’s investments were held as follows at September 30, 2022:

 Amortized Cost	Credit Risk	Maturities	
Weighted average of the fund

First American Treasury Obligation Fd Cl D

 $	305,491 
 $	305,491 

S&P AAAm

portfolio: 9 days

Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.

Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.

However, the Bond Indenture limits the type of investments held using unspent proceeds.

Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.

NOTE 4 – DEPOSITS AND INVESTMENTS (Continued)

Investments (Continued)

These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
Level 1:	Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.

The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.

Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. Accordingly, the District’s investments have been reported at amortized cost above.

NOTE 5 – CAPITAL ASSETS

Capital asset activity for the fiscal year ended September 30, 2022 was as follows:

Governmental activities
Capital assets, not being depreciated

Beginning Balance

Additions	Reductions

Ending Balance

Infrastructure under construction	$	6,735,991	$	9,580,279	$	(16,316,270)	$	-	
Total capital assets, not being depreciated	6,735,991	9,580,279	(16,316,270)	-	

Capital assets, being depreciated Stormwater system	

-	

8,567,790	

-	

8,567,790	
Landscape and Hardscape	-	500,313	-	500,313	
Right-to-use leased equipment	-	1,015,490	-	1,015,490	
Total capital assets, being depreciated	-	10,083,593	-	10,083,593	

Less accumulated depreciation for: Stormwater system	

-	

166,596	

-	

166,596	
Landscape and Hardscape	-	25,016	-	25,016	
Right-to-use leased equipment	-	25,387	-	25,387	
Total accumulated depreciation	-	216,999	-	216,999	

Total capital assets being depreciated	
-	
9,866,594	
-	
9,866,594	

Governmental activities capital assets, net	
$	6,735,991	
$	19,446,873	
$  (16,316,270)	
$	9,866,594	

The infrastructure intended to serve the District was estimated at a total cost of approximately $16.8 million. The infrastructure includes roadways, storm drainage, potable water, sanitary sewer, and land improvements. A portion of the project costs was expected to be financed from the Series 2020 Bonds with the remainder to be funded by the Developer and conveyed to the District. Upon completion, the public roads, water and sanitary sewer are to be conveyed to others for ownership and maintenance responsibilities. During the current fiscal year, the District engineer declared the project complete.

During the current fiscal year, the Developer transferred assets valued at $9,580,279 to the District. This amount is reflected in capital grants and contributions in the statement of activities. Additionally, assets conveyed to others for ownership and maintenance responsibilities totaled $7,248,167.

NOTE 6 – LONG TERM DEBT

Series 2020
During October 2020, the District issued $6,245,000 of Special Assessment Bonds, Series 2020 consisting of Term Bonds due ranging from June 15, 2021 to June 15, 2050 and fixed interest rates ranging from 2.5% to 4.0%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each June 15 and December 15, commencing December 15, 2020 and the principal on the bonds is to be paid serially commencing June 15,2021 through June 15, 2050.

The Series 2020 Bonds are subject to optional redemption, mandatory sinking fund and extraordinary mandatory redemption at the times, in the amounts, and at the redemption prices more fully described in the Redemption Provisions as outlined in the Bond Indenture.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2022.

Long-term Debt Activity
Changes in long-term liability activity for the fiscal year ended September 30, 2022 were as follows:

	Beginning
Balance	
Additions	
Reductions	Ending
Balance	Due Within
One Year	
Governmental activities
Series 2020	
$	6,125,000	
$	-	$	
135,000	
$	5,990,000	
$	130,000	
Plus: original issue premium	122,482	-	4,224	118,258	-	
Leases payable	-	1,015,490	16,751	998,739	34,523	
Total	 $	6,247,482	$	1,015,490	$	155,975	$	7,106,997	$	164,523 	

At September 30, 2022, the scheduled debt service requirements on the long-term debt were as follows:

Year ending

	Governmental Activities	

  September 30:	Principal	Interest	Total	
2023	$	130,000	$	226,725	$	356,725	
2024	130,000	223,475	353,475	
2025	135,000	220,225	355,225	
2026	140,000	216,850	356,850	
2027	145,000	212,650	357,650	
2028-2032	780,000	994,900	1,774,900	
2033-2037	955,000	834,600	1,789,600	
2038-2042	1,165,000	627,200	1,792,200	
2043-2047	1,420,000	374,800	1,794,800	
2048-2050		990,000	81,000	1,071,000 
 $	5,990,000	$	4,012,425	$	10,002,425 

NOTE 7 - LEASES

In the current fiscal year, the District entered into certain leases as a lessee for the use of streetlights that will terminate on March 31, 2042. As of September 30, 2022, the value of the lease liability was $998,739. The District is required to make total monthly fixed payments of $6,154. The value of the right-to-use asset as of September 30, 2022 was $1,015,490 with an accumulated amortization of $25,387. At the end of the lease term, the District may elect to execute a new agreement based on current estimated replacement cost. The Lessor will retain ownership of the streetlights.

NOTE 7 – LEASES (Continued)

Minimum lease payments for years ending after September 30, 2022 are as follows:

Year ending
September 30:	Principal	Interest	Total payments	
2023	$	34,523	$	39,321	$	73,844	
2024	35,929	37,915	73,844	
2025	37,393	36,451	73,844	
2026	38,917	34,927	73,844	
2027	40,502	33,342	73,844	
2028-2032	228,649	140,571	369,220	
2033-2037	279,180	90,041	369,221	
2038-2042	303,646	28,652	332,298	
	$	998,739	$	441,220	$	1,439,959	

NOTE 8 - DEVELOPER TRANSACTIONS

The Developer owns a portion of land within the District; therefore, assessment revenues in the general and debt service funds include the assessments levied on those lots owned by the Developer. Also see Note 5 above for other Developer transactions.

NOTE 9 - CONCENTRATION

The District’s activity is dependent upon the continued involvement of the Developer and major landowners, the loss of which could have a material adverse effect on the District’s operations.

NOTE 10 - MANAGEMENT COMPANY

The District has contracted with a management company to perform services which include financial and accounting advisory services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

NOTE 11 - RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims since inception of the District.

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT CITY OF ST. CLOUD, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2022

Budgeted
	Amounts	 Original & Final

Actual Amounts

Variance with Final Budget - Positive (Negative)

REVENUES		
Assessments	$	387,798	$	392,233	$	4,435	
Developer Contributions	-	6,522	6,522	
Total revenues	387,798	398,755	10,957	

EXPENDITURES
Current:
General government	106,568	75,652	30,916	
Maintenance and operations	281,230	165,887	115,343	
Debt service:				
Principal	-	16,751	(16,751)	
Interest	-	20,171	(20,171)	
Capital outlay	-	1,015,490	(1,015,490)	
Total expenditures	387,798	1,293,951	(906,153)	

Excess (deficiency) of revenues over (under) expenditures	

-	

(895,196)	

(895,196)	

OTHER FINANCING SOURCES (USES)				
Lease proceeds	-	1,015,490	1,015,490	
Total other financing sources (uses)	-	1,015,490	1,015,490	

Net change in fund balances	
 $	-		
120,294	
 $	120,294 	
Fund balance - beginning			5,170 		
Fund balance - ending		 $	125,464 		

See notes to required supplementary information

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT CITY OF ST. CLOUD, FLORIDA
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the general fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors.

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT CITY OF ST. CLOUD, FLORIDA
OTHER INFORMATION – DATA ELEMENTS REQUIRED BY FL STATUTE 218.39(3)(C) UNAUDITED

Element	Comments
Number of district employees compensated at 9/30/2022	4	
Number of independent contractors compensated in September 2022	7	
Employee compensation for FYE 9/30/2022 (paid/accrued)	$3,694.00	
Independent contractor compensation for FYE 9/30/2022	$251,884.15	
Construction projects to begin on or after October 1; ($65K)	$0.00	
Budget variance report	See page 22 of annual financial report	
Non ad valorem special assessments;		
Special assessment rate for FYE 9/30/2022	Operations and maintenance - $914.75
Debt service - $839.98	
Special assessments collected FYE 9/30/2022	$765,709.00	
Outstanding Bonds:		
Series 2020, due June 15, 2050,	see Note 6 for details	

951 Yamato Road ▪ Suite 280
Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Old Hickory Community Development District City of St. Cloud, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Old Hickory Community Development District, City of St. Cloud, Florida (“District”) as of and for the fiscal year ended September 30, 2022, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated June 19, 2023.
Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.
Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

June 19, 2023

951 Yamato Road ▪ Suite 280
Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

To the Board of Supervisors
Old Hickory Community Development District City of St. Cloud, Florida

We have examined Old Hickory Community Development District, City of St. Cloud, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida as of and for the fiscal year ended September 30, 2022. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the examination engagement.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2022.

This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Supervisors of Old Hickory Community Development District, City of St. Cloud, Florida and is not intended to be and should not be used by anyone other than these specified parties.

June 19, 2023

951 Yamato Road ▪ Suite 280
Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA

To the Board of Supervisors
Old Hickory Community Development District City of St. Cloud, Florida

Report on the Financial Statements

We have audited the accompanying basic financial statements of Old Hickory Community Development District, City of St. Cloud, Florida ("District") as of and for the fiscal year ended September 30, 2022, and have issued our report thereon dated June 19, 2023.

Auditor’s Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.

Other Reporting Requirements

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated June 19, 2023, should be considered in conjunction with this management letter.

Purpose of this Letter

The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:

Current year findings and recommendations.
Status of prior year findings and recommendations.
Compliance with the Provisions of the Auditor General of the State of Florida.

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Old Hickory Community Development District, City of St. Cloud, Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Old Hickory Community Development District, City of St. Cloud, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements, and the courtesies extended to us.

June 19, 2023

REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS

None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None

COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.

There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2021.

Any recommendations to improve the local governmental entity's financial management.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2022.

Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2022.

The name or official title and legal authority of the District are disclosed in the notes to the financial statements.

The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.

We applied financial condition assessment procedures and no deteriorating financial conditions were noted as of September 30, 2022. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

Management has provided the specific information required by Section 218.39(3)(c) in the Other Information section of the financial statements on page 24.

Section VII

OUCII
The Reliable One®

For Recording Purposes Only

SERVICE AGREEMENT FOR LIGHTING SERVICE
OLD HICKORY PHASE 3

This Agreement is entered into this	day of ::Iu:0-&c-	2ol3by and between ORLANDO UTILITIES COMMISSION, whose address is 100 West Anderson Street, Orlando, Florida 32801 and OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT, whose address is 219 E. Livingston St. Orlando, FL 32801 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.

"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.

1

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.

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.

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.

O 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 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 eighteen (18) years and ten (10) months. 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, whichever occurs first, and shall terminate at the end of two hundred and twenty-six (226) 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 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 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:
Old Hickory Community Development District District Manager's office
219 E. Livingston Street Orlando, FL 32801
Attention: 	

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 shaii 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 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.

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

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT
:
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WITNESSES:

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Pursuant to Section 117.05(13)(a), Florida Statutes, the following notarial cerlificates are sufficient for an acknowledgment in a representative capacity:

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COUNTY OF 	c).,_s:.&..-.r ..,............l.....,..	_	)

The foregoing instrument was acknowledged before me by means of	physical presence or LJ online notarization this	:5	day of	::I  \l ...J L		,
20 -Z1 , by	AJ 4		M.  ')'f.nmi:\e of person) as	G-:k '," r--	 • ->

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(type of authority, e.g. officer, trustee, attorney in fact) and who acknowledge that she/he executed the foregoing instrument on behalf of	OI .k	U  cJ,,.	c vP
(name of party on behalf of whom instrument was executed). She/he i personally known to me or had produced 		asidentification.

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GEORGES. FLINT
Notary Public State of Florlda eomm# HH172812
Expires 10/16/2025

Notary PuD	
Print Name: 	_ My Commission Expires: 		_

ILITIES COMMISSION

By:_-=-----=- ---=t:>::...-=..-=-------	

Name: Title:

Clint Bullock
General Manager/CEO

Date: -----=b----'-i;: ,,;A....a..Cf/._:1:.=--3"------	

ATTEST:

Name: Title:

AppJ'O't'eicl a:s t:o fo1nr.1 a1r:11d Ie,g·aHty
OU·C L.e,g.a.l De•pa;rtm•e•n·t

Date , . .:t?-:13 By:--..,,;

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Paula A. Velasquez Assistant Secretary

Title: 		......,E..x....e."ct""l.l1-1,,ti1-11'v<,ee;-,iA  s'>!!sf+.;.if..f.:..:_....,...,.,_.--

STATE OF FLORIDA COUNTY OF ORANGE

The foregoing instrument was acknowledged before me by means of ['fphysical presence or [ ] online notarization on this Z9 ay of Y\..Q_	, 2_,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.

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EXHIBIT 1
LIGHTING SERVICE FEES:

RATE PER MONTH

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

Upfront Payment	$0.00

***

$1,445.40
$  263.67
$	70.51
$1,779.58

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 capitai 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.

LIGHTING EQUIPMENT

OUC Installed Lighting Equipment:

(51) 13' Victorian II Poles
(51) 39w LED Washington acorn fixture
(51) Washington type Ill Shields

OUC Stock # 036-21513 OUC Stock # 036-23249 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

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: N/A
Legal Description: All private/public roadways and easements within OLD HICKORY PH 3, according to the plat thereof, as recorded in Plat Book 30, Pages 131-135, of the Public Records of Osceola County, Florida

PROPERTY/ PREMISE LOCATION INFORMATION

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

 Old Hickory Phase 3	
 5441 PRESERVE BLVD	
 SAINT CLOUD, FL, 34772	
 8613381149	

BILLING INFORMATION

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

 Old Hickory Community Development District	
 219 E. Livingston Street	
 Orlando, FL 32801	
 Teresa Viscarra	
(407) 347-4103	
 85-1063841	

ADDITIONAL ACCOUNT INFORMATION TO BE FILLED BY OUC

Customer Account Number: Work Request No:

-5770309167	
-707321	

Comments:	Re-Contract as of June 2023

ouc■
The Reliable One®

For Recording Purposes Only

SERVICE AGREEMENT FOR LIGHTING SERVICE
OLD HICKORY PHASE 4
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 219 E. Livingston St. Orlando, FL 32801 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.

"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.

1

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.

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.

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 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 eighteen (18) years and ten (10) months. 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, whichever occurs first, and shall terminate at the end of two hundred and twenty-six (226) 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 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 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:
Old Hickory Community Development District District Manager's office
219 E. Livingston Street Orlando, FL 32801
Attention: 	

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 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.

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

OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT

Feder

By: -+ :::l'2''fr-lf--ir+-'-+..tr_,.,,=-- -­
Name: _-,_;;::..:...,.,r.;,"----'1.....L.. ,,.'----'....,_:;::.;. ;=----
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WITNESSES:

By:

	ao.

Name:  4"Ut>ro	:5;-':) tL .( r ,("_ C
Title: 		e2,.ld	IV) Q -no..7_	,

By: --+- -- -5:.,	L---
Name:	G::, *'J ... 5,		f' l	J- 
Title:	"1:>, :s \.,.. w\	M -  'J ..... ..

Pursuant to Section 117.05(13)(a), Florida Statutes, the following notarial certificates are sufficient for an acknowledgment in a representative capacity:
-
STATE OF 	 .._f_..J....c..........;.:L.'"""J.'".."=' ---­
COUNTY OF _  .<l tc"-',:....&.• ...,f  ►---	)

The foregoing instrument was acknowledged before me by means of	physical

presence or [_J

online notarization this	S	day of 	 T..,,.y.....s=-'------- 

20 t..'1	, by	AJ..-,,  f'A,.,J.

...._J	(name of person) as	4	• ,,.;_·-'

(type of authority, e.g. officer, trustee, attorney in fact) and who acknowledge that she/he executed the foregoing instrument on behalf of	O l A 1J.L k k .. ,. 1 c:. j j) 
(name of party on behalf of whom instrument was executed). She/he is p:!:sonally know.JI
to me or had produced 		as identification.

GEORGES. FUNT
Notary Public
JFlorida Comm# HH172812
Expires 10/16/2025

Print Name: 	 _ My Commission Expires: 		_

ORLANDO UTILITIES COMMISSION
By:		_ Name:	Clint Bullock
Title:	General Manager/CEO

Date: 	_

ATTEST:	By	­
Name:	Paula A. Velasquez Title:	 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: 	_

LIGHTING SERVICE FEES:	EXHIBIT 1		
RATE PER MONTH			
Monthly Lighting Service Charge:			
Capital Investment			$751.59	
Maintenance			$135.93	
Fuel and Energy			$ 31 80	
Total		***	$919.32	
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.

LIGHTING EQUIPMENT

OUC Installed Lighting Equipment:

(23) 13' Victorian 11 Poles
(23) 39w LED Washington Luminaire
(23) Washington Globe Type Ill

OUC Stock # 036-21513 OUC Stock # 036-23249 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

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: NIA
Legal Description: All public/private roadways and easements within OLD HICKORY PHASE 4, according to the plat thereof, as recorded in Plat Book 31, Pages 142-143, of the Public Records of Osceola County, Florida

PROPERTY/ PREMISE LOCATION INFORMATION

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

 Old Hickory Phase 4	
 0 NOLTE RD	
 SAINT CLOUD FL, 34772	
 7789098608	

BILLING INFORMATION

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

 Old Hickory Community Development District
 219 E. Livingston Street	
 Orlando, FL 32801	
 Teresa Viscarra	
(407) 347-4103	
 85-1063841	

ADDITIONAL ACCOUNT INFORMATION TO BE FILLED BY OUC

Customer Account Number:  5770309167	 Work Request No:	 764209	 Comments:		Re-Contract as of June 2023

Section VIII

734 South Combee Road Lakeland, FL 33801

863-668-0494 – Phone
863-668-0495 – Fax

www.ﬂoralawn.com

Old Hickory Phase 4 Addendum
Attn: Karly Chambers Lennar Orlando

July 6, 2023
Proposal valid for 60 days

We sincerely appreciate the opportunity to propose how Floralawn can help enhance the quality of your landscape. Our proposal includes integrating a custom maintenance plan to meet the needs and demands of your property while considering service expectations and community budget.

We hereby propose the following for your review:

Landscape Management

Service	Monthly	Yearly	
St Augustine Fertilization Program	$147	$1,764	
Bermuda Fertilization Program	$77	$948	
Bermuda Aeration and Overseed	$37	$444	
Total	$261	$3,132	

*Phase 4 Maintenance cost will not be increased.

PROPOSAL
Scope of Services
Turf Care
Fertilization
St. Augustine/Floratam areas shall be fertilized with a commercial grade fertilizer 6 times per year. Bermuda areas shall be fertilized with a commercial grade fertilizer 8 times a year. Bermuda areas will also be aerated and overseeded 1 time per year. The ﬂagging of irrigation heads will be necessary prior to aeration. Floralawn is not responsible for any subsurface items damaged during aeriﬁcation service. Locates will be called in through 811 prior to aeriﬁcation service and marking of irrigation heads. Timing of applications will be adjusted to meet horticultural conditions.

Weed, Insect, & Disease Control
Post-Emergent weed applications will be performed up to 4 times per year between April 1st and October 30th. Pre-Emergent herbicides will be used 2 times per year between November 1st to April 1st. Weed control applications are conducive to soil and air temperatures. Floralawn will not be held responsible for the post emergent control of common grassy weeds like Crabgrass & common Bermuda due to the absence of legal and selective post emergent herbicides for this use.

Insect & disease control (not preventative) measures are incorporated into each fertilization application. Infestations will be treated on an as needed basis throughout the year and the customer will be made aware of the actions taken as well as the chemicals used. Ant mounds will be treated as they appear, but contract pricing does not include products that guarantee year-long ant control. Products like Bayer's Top Choice or Chipco Choice that guarantee year-long ant control can be purchased outside the scope of this contract.

Tree, Shrub, and Groundcover Care
Pruning
All shrubs and trees (up to 10 feet) shall be pruned and shaped a maximum of 10 times per year to ensure the following:

Maintain all sidewalks to eliminate any overhanging branches or foliage which obstructs and/or hinders pedestrian or motor traﬃc.
Retain the individual plant's natural form and prune to eliminate branches which are rubbing against walls and roofs.
The removal of dead, diseased, or injured branches and palm fronds will be performed as needed.

Customer Authorized Signature

Signature

Print Name

2

Section IX

Renewal	P.O. Box 1469
Eagle Lake, FL 33839 1-800-408-8882

AQUATIC PLANT MANAGEMENT
AGREEMENT

Submitted to:
Name	Old Hickory COD
c/o GMS Central Florida

Date:	April 1, 2023

Address City Phone

1408 Hamlin Ave Unit E St. Cloud, FL 34771 407-398-2890

This Agreement is between Applied Aquatic Management, Inc. hereafter called "AAM" and Old Hickory COD hereafter called "Customer".

The parties hereto agree as follows
AAM agrees to provide aquatic management services for a period of	12 months in accordance with the terms and conditions of this Agreement in the following sites:

Tract A: $191.00 Tract I: $286.00 Tract H: $95.00

Tract K: $127.00 Tract P: $143.00 Tract DD: $143.00

Tract EE: $286.00 Tract Q: $101.00

The AAM management program will include the control of the following categories of vegetation for the specified sum:

1. Submersed vegetation control
Emersed vegetation control
Floating vegetation control
Filamentous algae control
Shoreline grass & brush control

Included Included Included Included Included

Service shall consist of a minimum of monthly inspections and/or treatments as needed to maintain control of noxious growth throughout the term of our service.

Customer agrees to pay AAM the following amounts during the term of this Agreement:

The terms of this agreement shall be: 10/01/2023 thru 09/30/2024
Agreement will automatically renew as per Term & Condition 14.
Start-up Charge		NA	Due at the start of work Maintenance Fee	$1,372.00	 Due	monthly
Total Annual Cost	$16,464.00

as billed	X 12.

Invoices are due and payable within 30 days. Overdue accounts may accrue a service charge of 1 112% per month
AAM agrees to commence treatment within	NA	days, weather permitting, from the date of execution or receipt of the proper permits.
Customer acknowledges that he has read and is familiar with the additional terms and conditions printed on the reverse side which are incorporated in this agreement.

Date:	4/1/2023

Accepted	Date:

Customer

Terms and Conditions

The AAM Aquatic Plant Management Program will be conducted in a manner consistent with good water management practice using only chemicals which have a wide margin of safety for fish, waterfowl and human life and in conformance with applicable State and Federal Laws, regulations and rules. AAM agrees to indemnify Customer for any violation of such laws, rules or regulations.
Federal & State regulations require that various time-use restrictions be observed during & following treatment. AAM agrees to notify Customer of such restrictions verbally &/or by posting the restrictions at several readily visible locations on the perimeter of each body of water at the time of treatment. It shall be the Customer's responsibility
to observe the restrictions throughout the required period. Customer understands & agrees that notwithstanding any other provisions of this Agreement, AAM does not assume any liability by any party to be notified, or to observe,
the regulations.
The AAM Aquatic Plant Management Program is devised so that water areas are brought into a maintenance configuration as rapidly after their start, consistent with responsible management practices. Some forms of vegetation (particularly grasses & cattail) have visible residues after chemical treatment. Customer is responsible for removing such residues.
In addition to the amounts noted on the face of this Agreement, Customer shall also pay fees, taxes (including sales taxes) or charges that might be imposed by any government body with respect to the services offered herein.
This Agreement shall have as its effective date the first day of the month in which services are first rendered to Customer and shall terminate upon the last day of a month.
AAM is licensed & insured. Certificates of Insurance will be provided upon Customers request.
If at any time during the term of this Agreement, Customer does not feel AAM is performing in a satisfactory manner Customer shall promptly notify AAM who shall investigate the cause of Customer's lack of satisfaction & attempt to cure same. This Agreement may be voided by either party giving thirty days written notice & payment of
all monies owing to the effective date of termination, which shall be the last day of the month.
Neither party shall be responsible in damages, penalties or otherwise for any failure or delay in the performance of any of its obligations hereunder caused by strikes, riots, war, acts of God, accidents, governmental orders & regulations, curtailment or failure to obtain sufficient material, or other forces (whether or not of the same class or kind as those set forth above) beyond its reasonable control & which, by the exercise of due diligence, it is unable to overcome.
	AAM agrees to hold Customer harmless from any loss, damage or claims arising out of the sole negligence of AAM however, AAM shall in no event be liable to Customer or others, for indirect, special or consequential damages resulting from any cause whatsoever.
This Agreement shall be governed by and construed in accordance with the laws of the State of Florida
In the event a legal action is necessary to enforce any of the provisions of this Agreement, the prevailing party is entitled to recover legal costs & reasonable attorney fees.
This Agreement constitutes the entire Agreement of the parties hereto & no oral or written alterations or modifications of the terms contained herein shall be valid unless made in writing & accepted by an authorized representative of AAM & Customer.
This Agreement may not be assigned by Customer without the prior written consent of AAM.
This Agreement shall automatically renew for term equal to its original term, unless a "Notice of Cancellation" has been received. The contract amount shall be adjusted at a rate of 3% increase per year on the anniversary date of this Agreement. Unless otherwise agreed to in writing, by both parties, services shall be continuous without interruption.

Section X

RESOLUTION 2023-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT DESIGNATING AN ASSISTANT TREASURER OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE

Whereas, the Old Hickory Community Development District (hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within the City of St. Cloud, Osceola County, Florida; and

Whereas, the Board of Supervisors of the District desires to appoint an Assistant Treasurer.

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

SECTION 1.  Darrin Mossing, Sr. is appointed Assistant Treasurer.

SECTION 2.  This Resolution shall become effective immediately upon its adoption.

Passed and adopted this 7th day of August 2023.

ATTEST:	OLD	HICKORY	COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Section XI

Section A

Section 1

ATTORNEYS AT LAW

Michael J. Beaudine
Jan Albanese Carpenter Daniel H. Coultoff Jennifer S. Eden Dorothy F. Green Bruce D. Knapp
Peter G. Latham	201 SOUTH ORANGE AVENUE, SUITE 1400
ORLANDO, FLORIDA 32801 POST OFFICE BOX 3353 ORLANDO, FLORIDA 32802
TELEPHONE: (407) 481-5800
FACSIMILE: (407) 481-5801
WWW.LATHAMLUNA.COM	Jay E. Lazarovich Marc L. Levine Justin M. Luna Lori T. Milvain
Benjamin R. Taylor Christina Y. Taylor Kristen E. Trucco Daniel A. Velasquez	

To:	CDD Board of Supervisors

From:	District Counsel (Jan Albanese Carpenter, Jay Lazarovich and Kristen Trucco)

Re:	New Law Requiring Ethics Training for Elected Officials and Other Legislative Updates

Date:	July 6, 2023

We are providing you with information about a new law which affects all CDD Board of Supervisors, as elected local officers of independent special districts.

Beginning on January 1, 2024, Section 112.3142, Florida Statutes, requires each elected local officer of an independent special district and each person who is appointed to fill a vacancy for an unexpired term to complete four (4) hours of ethics training each calendar year. This ethics training must address, at a minimum: Section 8, Article II of the Florida Constitution; the Code of Ethics for Public Officers and Employees; and Florida’s public records and public meetings laws. A copy of Section 112.3142, Florida Statutes is attached to this document.

The required ethics training may be satisfied by completion of a continuing legal education class or other continuing professional education class, seminar or presentation, so long as the required subject matter is covered. We strongly recommend that you keep track of all of the ethics training you complete since you will be required to self-certify on your annual Form 1 that you have completed the required ethics training for that year.

There are ethics training resources available online at no cost to you. Specifically, FLC University is offering a virtual training on July 12, 2023, that will fulfill the four (4) hour requirement (https://register.gotowebinar.com/register/1108128928632648288), and Florida’s Commission on Ethics (the “Commission”) has provided several video links and other resources on their website to assist you in meeting this new requirement (https://ethics.state.fl.us/Training/Training.aspx).

According to the Commission, training “hours” may be measured in 50-minute increments and a combination two hours of ethics training, one hour of open meetings training and one hour of public records training is sufficient to satisfy the four-hour requirement (See CEO 13-15 and CEO 13-24).

We recommended that you complete this training requirement by July 1st each year in order to verify your compliance with the law on your Form 1 (Statement of Financial Interests). For new

Supervisors, the Legislature intends for this ethics training to be completed as close as possible to the date of assuming office. For Supervisors elected or appointed on or before March 31st of any given year, the annual training is required to be completed on or before December 31st. For Supervisors assuming a new office after March 31st, ethics training is not required for the calendar year in which his/her term of office began.

Other Legislative Updates:

Concealed Carry: There was a change in the law regarding concealed carry of firearms; however, we would like to remind you that under Section 790.06 (12)(a)(7), Florida Statutes, open carry of a handgun, concealed weapons and firearms are still prohibited in meetings of the governing body of a special district.

Technology Transparency: Beginning July 1, 2023, Section 112.23, Florida Statutes, prohibits any officer of a district from communicating with a social media platform to request removal of content or accounts from a social media platform, as well as initiating or maintaining any agreements or working relationships with a social media platform for the purpose of content moderation. We recommend any CDDs that maintain a Facebook page or any other social media account refrain from the prohibited conduct, unless it meets one of the exceptions as listed under Section 112.23(4), Florida Statutes, such as routine account management, including, but not limited to, the removal or revision of the governmental entity’s content or account or identification of accounts falsely posing as a governmental entity or officer; an attempt to remove content or an account that pertains to the commission of a crime or violation of Florida’s public records law; or an investigation or inquiry related to an effort to prevent imminent bodily harm, loss of life or property damage.

Government and Corporate Activism: Beginning on July 1, 2023, Section 287.05701, Florida Statutes, prohibits requesting documentation or consideration of a vendor’s social, political or ideological interests and giving preference to a vendor based on the same, when considering government contracts. This section further requires any solicitation for the procurement of contractual services by the governing body of a special district to include a provision notifying vendors of the provisions of this section.

Please feel free to contact the District Manager or our office should you have any questions on these new laws or their requirements.

Thank you.

2

CHAPTER 2023-121

Committee Substitute for House Bill No. 199

An act relating to ethics requirements for officers and employees of special tax districts; amending s. 112.313, F.S.; specifying that certain conduct by certain public officers and employees is deemed a conflict of interest; making technical changes; amending s. 112.3142, F.S.; requiring certain ethics training for elected local officers of independent special districts beginning on a specified date; specifying requirements for such training; providing an effective date.

Be It Enacted by the Legislature of the State of Florida:
Section 1. Subsection (7) of section 112.313, Florida Statutes, is amended to read:
112.313 Standards of conduct for public officers, employees of agencies, and local government attorneys.—
CONFLICTING EMPLOYMENT OR CONTRACTUAL RELATION- SHIP.—
No public officer or employee of an agency shall have or hold any employment or contractual relationship with any business entity or any agency which is subject to the regulation of, or is doing business with, an agency of which he or she is an officer or employee, excluding those organizations and their officers who, when acting in their official capacity, enter into or negotiate a collective bargaining contract with the state or any municipality, county, or other political subdivision of the state; nor shall an officer or employee of an agency have or hold any employment or contractual relationship that will create a continuing or frequently recurring conflict between his or her private interests and the performance of his or her public duties or that would impede the full and faithful discharge of his or her public duties.
When the agency referred to is that certain kind of special tax district created by general or special law and is limited specifically to constructing, maintaining, managing, and financing improvements in the land area over which the agency has jurisdiction, or when the agency has been organized pursuant to chapter 298, then employment with, or entering into a contractual relationship with, such business entity by a public officer or employee of such agency is shall not be prohibited by this subsection or be deemed a conflict per se. However, conduct by such officer or employee that is prohibited by, or otherwise frustrates the intent of, this section, including conduct that violates subsections (6) and (8), is shall be deemed a conflict of interest in violation of the standards of conduct set forth by this section.

Ch. 2023-121	LAWS OF FLORIDA	Ch. 2023-121

When the agency referred to is a legislative body and the regulatory power over the business entity resides in another agency, or when the regulatory power which the legislative body exercises over the business entity or agency is strictly through the enactment of laws or ordinances, then employment or a contractual relationship with such business entity by a public officer or employee of a legislative body shall not be prohibited by this subsection or be deemed a conflict.
This subsection shall not prohibit a public officer or employee from practicing in a particular profession or occupation when such practice by persons holding such public office or employment is required or permitted by law or ordinance.
Section 2. Paragraphs (d) and (e) of subsection (2) of section 112.3142, Florida Statutes, are redesignated as paragraphs (e) and (f), respectively, present paragraph (e) of that subsection is amended, and a new paragraph
(d) is added to that subsection, to read:
112.3142 Ethics training for specified constitutional officers, elected municipal officers, and commissioners of community redevelopment agen- cies, and elected local officers of independent special districts.—
(2)
(d) Beginning January 1, 2024, each elected local officer of an indepen- dent special district, as defined in s. 189.012, and each person who is appointed to fill a vacancy for an unexpired term of such elective office must complete 4 hours of ethics training each calendar year which addresses, at a minimum, s. 8, Art. II of the State Constitution, the Code of Ethics for Public Officers and Employees, and the public records and public meetings laws of this state. This requirement may be satisfied by completion of a continuing legal education class or other continuing professional education class, seminar, or presentation, if the required subject matter is covered by such class, seminar, or presentation.
(f)(e) The Legislature intends that a constitutional officer, or elected municipal officer, or elected local officer of an independent special district who is required to complete ethics training pursuant to this section receive the required training as close as possible to the date that he or she assumes office. A constitutional officer, or elected municipal officer, or elected local officer of an independent special district assuming a new office or new term of office on or before March 31 must complete the annual training on or before December 31 of the year in which the term of office began. A constitutional officer, or elected municipal officer, or elected local officer of an independent special district assuming a new office or new term of office after March 31 is not required to complete ethics training for the calendar year in which the term of office began.
Section 3.	This act shall take effect July 1, 2023.

Ch. 2023-121	LAWS OF FLORIDA	Ch. 2023-121

Approved by the Governor May 24, 2023.
Filed in Office Secretary of State May 24, 2023.

Section B

Section 1

June 6, 2023

Mr. George S. Flint, District Manager
Old Hickory Community Development District Government Management Services - Central Florida, LLC 219 East Livingston Street
Orlando, FL 32801

RE: Master Trust Indenture
Old Hickory Community Development District Annual Project Report

Dear Mr. Flint:

TAMPA OFFICE
3409 w. lemon street tampa, fl 33609
813.250.3535

ORLANDO OFFICE
431 E. Horatio
Ave., Unit 260
Maitland, Fl 32751
407.362.5929

In accordance with section 9.21 of the Old Hickory Community Development District’s Master Trust Indenture, an annual inspection is required to report on whether the project is being maintained in good repair, working order, and condition.
This letter is to confirm that Hamilton Engineering & Surveying, LLC inspected the facilities that are owned and maintained by the District on June 1, 2023. Based on this inspection, the constructed portions of the project are in good condition and are well maintained. No deficiencies were observed within the master stormwater management system that would preclude its normal operation. Minor maintenance items have been identified and a list has been sent to the District Manager for review and completion. Generally, the project is in excellent condition.
We reviewed the Operation and Maintenance budget for Fiscal Year 2023 and believe that it is sufficient for the proper operation and maintenance of the District’s infrastructure. Regarding property insurance, we have reviewed the current policy coverage and limits and believe this to be adequate for the community.
If you have any questions or concerns, please do not hesitate to contact my office.

Sincerely,
Hamilton Engineering & Surveying, LLC

David A. Reid, PE
VP, Director of Engineering - Orlando

www.hamiltonengineering.us

Section 2

June 28, 2023

Fremont-Wright, LLC
813 Ridge Lake Blvd. Memphis, TN 38120
Phone: (901) 425-9204
www.fremontwright.com

Stoneybrook South at ChampionsGate Community Development District Stoneybrook South Community Development District
Shingle Creek Community Development District
Shingle Creek at Bronson Community Development District Old Hickory Community Development District Knightsbridge Community Development District

219 E. Livingston Street Orlando, FL 32801 Attn: District Manager

Latham, Luna, Eden & Beaudine 201 S. Orange Avenue, Suite 1400
Orlando, Florida 32801 Attn: Jan A. Carpenter

To Whom It May Concern:

On June 3, 2019, Stoneybrook South at ChampionsGate Community Development District (the “District”) entered an Agreement for Professional Engineering Services with Hamilton Engineering & Surveying, Inc. (“Agreement”). Hamilton Engineering & Surveying, Inc. (“Hamilton”) is a wholly owned subsidiary of Fremont-Wright, LLC (“Freemont-Wright”), which owns various architecture, engineering, and surveying companies across the country.
Freemont-Wright recently transferred some of the Hamilton employees to an affiliate, Madden, Moorhead, & Stokes, LLC (“MMS”), which is also a wholly owned subsidiary of Freemont- Wright. Accordingly, we are writing to request that the District consent in writing pursuant to Article 21 of the Agreement to an assignment of the Agreement from Hamilton to MMS. There will be no change or disruption in the professionals working on the project. The sole reason for this request is for billing and accounting efficiency, as the alternative is for Hamilton to enter a subcontractor agreement with MMS for the ongoing project. Thank you in advance for the consideration, and please let me know if any additional information is needed.

Sincerely,

Section C

Section 1

Old Hickory
Community Development District
Summary of Checks

April 25, 2023 to July 31, 2023

Bank	Date	Check #	Amount	

General Fund	
5/10/23	
250-253	
$	20,142.74	
	5/16/23	254-257	$	2,094.41	
	5/31/23	258-261	$	37,902.16	
	6/14/23	262-266	$	18,690.60	
	6/21/23	267	$	2,540.54	
	7/12/23	268-271	$	16,825.54	
	7/13/23	272	$	4,860.45	
	7/18/23	273-274	$	1,130.89	
			$	104,187.33	
Payroll Fund	May 2023
Adam Morgan	
'50037	
$	184.70	
	D. Lane Register	50038	$	184.70	
	Jarred Cornell	50039	$	184.70	
	Juan Vasquez	50040	$	184.70	
	Patrick Bonin Jr.	50041	$	184.70	
			$	923.50	
			$	105,110.83	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/31/23	PAGE	1
*** CHECK DATES 04/25/2023 - 07/31/2023 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/10/23 00010	4/30/23 211072	202304 320-53800-47000	*	1,334.00
AQUATIC PLANT MGMT APR23
APPLIED AQUATICS MANAGEMENT INC	1,334.00 000250
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/10/23 00009	5/01/23 18571	202305 320-53800-46200	*	11,301.00
LAWN MAINTENANCE MAY23
FLORALAWN 2, LLC	11,301.00 000251
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/10/23 00001	5/01/23 67	202305 310-51300-34000	*	3,062.50
MANAGEMENT FEES MAY23
5/01/23 67	202305 310-51300-35300	*	66.67
WEBSITE ADMIN MAY23
5/01/23 67	202305 310-51300-35100	*	108.33
INFORMATION TECH MAY23
5/01/23 67	202305 310-51300-31300	*	291.67
DISSEMINATION FEE MAY23
5/01/23 67	202305 310-51300-51000	*	.12
OFFICE SUPPLIES
5/01/23 67	202305 310-51300-42000	*	7.99
POSTAGE
5/01/23 68	202305 320-53800-12000	*	1,312.50
FIELD MANAGEMENT MAY23
GOVERNMENTAL MANAGEMENT SERVICES	4,849.78 000252
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/10/23 00012	5/10/23 05102023 202305 300-20700-10000	*	2,657.96
FY23 SPCL ASMT SER2020
OLD HICKORY CDD C/O USBANK	2,657.96 000253
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/16/23 00009	3/29/23 17766	202303 320-53800-46400	*	458.41
RPR 6NOZZLE/6POPUP SPRAYS
FLORALAWN 2, LLC	458.41 000254
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/16/23 00001	3/31/23 69	202303 320-53800-49000	*	1,050.00
INST.6K GAMBUSIA/GR.SHRMP
GOVERNMENTAL MANAGEMENT SERVICES	1,050.00 000255
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/16/23 00004	5/05/23 70014	202304 310-51300-31100	*	480.00
ANNUAL ENGINEER RPT-FIELD
HAMILTON ENGINEERING & SURVEYING	480.00 000256
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/16/23 00002	5/03/23 113226	202304 310-51300-31500	*	106.00
REV.TASK LST/AGDA FOR MTG
LATHUM, LUNA, EDEN & BEAUDINE	106.00 000257
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/31/23 00009	5/18/23 18727	202304 320-53800-46400	*	247.05
RPR 11NOZZLE/12SPRAY HEAD
FLORALAWN 2, LLC	247.05 000258
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
OLDH OLD HICKORY CD TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/31/23	PAGE	2
*** CHECK DATES 04/25/2023 - 07/31/2023 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/31/23 99999	5/31/23 VOID	202305 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 000259
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/31/23 99999	5/31/23 VOID	202305 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 000260
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/31/23 00013	5/27/22 72878236 202205 320-53800-43100	*	974.78
0 NOLTE RD - MAY22
5/27/22 72878236 202205 320-53800-43100	*	1,884.22
5441 PRESERVE BLVD-MAY22
6/29/22 72878236 202206 320-53800-43100	*	981.83
0 NOLTE RD - JUN22
6/29/22 72878236 202206 320-53800-43100	*	1,899.88
5441 PRESERVE BLVD-JUN22
6/29/22 72878236 202206 320-53800-43100	*	42.89
LATE PAYMENT CHARGE
7/29/22 72878236 202207 320-53800-43100	*	978.93
0 NOLTE RD - JUL22
7/29/22 72878236 202207 320-53800-43100	*	1,893.44
5441 PRESERVE BLVD-JUL22
7/29/22 72878236 202207 320-53800-43100	*	86.75
LATE PAYMENT CHARGE
8/29/22 72878236 202208 320-53800-43100	*	979.89
0 NOLTE RD - AUG22
8/29/22 72878236 202208 320-53800-43100	*	1,895.57
5441 PRESERVE BLVD-AUG22
8/29/22 72878236 202208 320-53800-43100	*	131.14
LATE PAYMENT CHARGE
9/29/22 72878236 202209 320-53800-43100	*	979.89
0 NOLTE RD - SEP22
9/29/22 72878236 202209 320-53800-43100	*	1,895.57
5441 PRESERVE RD-SEP22
9/29/22 72878236 202209 320-53800-43100	*	176.24
LATE PAYMENT CHARGE
10/28/22 72878236 202210 320-53800-43100	*	982.99
0 NOLTE RD - OCT22
10/28/22 72878236 202210 320-53800-43100	*	1,902.44
5441 PRESERVE BLVD-OCT22
10/28/22 72878236 202210 320-53800-43100	*	222.02
LATE PAYMENT CHARGE
12/29/22 72878236 202212 320-53800-43100	*	982.99
0 NOLTE RD - DEC22
12/29/22 72878236 202212 320-53800-43100	*	1,902.44
5441 PRESERVE BLVD-DEC22
OLDH OLD HICKORY CD TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/31/23	PAGE	3
*** CHECK DATES 04/25/2023 - 07/31/2023 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND

DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS			AMOUNT	#	
	12/29/22	72878236 202212 320-53800-43100	*	316.16			
	LATE PAYMENT CHARGE			
1/30/23	72878236 202301 320-53800-43100	*	994.32	
	0 NOLTE RD - JAN23			
1/30/23	72878236 202301 320-53800-43100	*	1,926.44	
	5441 PRESERVE BLVD-JAN23			
1/30/23	72878236 202301 320-53800-43100	*	364.18	
	LATE PAYMENT CHARGE			
2/28/23	72878236 202302 320-53800-43100	*	990.54	
	0 NOLTE RD - FEB23			
2/28/23	72878236 202302 320-53800-43100	*	256.13	
	5441 PRESERVE BLVD-FEB23			
2/28/23	72878236 202302 320-53800-43100	*	413.46	
	LATE PAYMENT CHARGE			
4/01/23	72878236 202303 320-53800-43100	*	991.80	
	0 NOLTE RD - MAR23			
4/01/23	72878236 202303 320-53800-43100	*	3,582.80	
	5441 PRESERVE BLVD-MAR23			
4/01/23	72878236 202303 320-53800-43100	*	434.52	
	LATE PAYMENT CHARGE			
4/27/23	72878236 202304 320-53800-43100	*	990.54	
	0 NOLTE RD - APR23			
4/27/23	72878236 202304 320-53800-43100	*	1,918.07	
	5441 PRESERVE BLVD-APR23			
4/27/23	72878236 202304 320-53800-43100	*	513.50	
	LATE PAYMENT CHARGE			
11/30/23	72878236 202211 320-53800-43100	*	987.56	
	0 NOLTE RD - NOV22			
11/30/23	72878236 202211 320-53800-43100	*	1,912.56	
11/30/23	72878236 202211 320-53800-43100	*	268.63	
	LATE PAYMENT CHARGE			

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

5441 PRESERVE BLVD-NOV22

ORLANDO UTILITIES COMMISSION	37,655.11 000261
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/14/23 00010	5/31/23 211726	202305 320-53800-47000	*	1,334.00
AQUATIC PLANT MGMT MAY23
APPLIED AQUATICS MANAGEMENT INC	1,334.00 000262
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/14/23 00009	6/01/23 18960	202306 320-53800-46200	*	11,301.00
LAWN MAINTENANCE JUN23
FLORALAWN 2, LLC	11,301.00 000263
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/14/23 00001	6/01/23 71	202306 310-51300-34000	*	3,062.50
MANAGEMENT FEES JUN23
6/01/23 71	202306 310-51300-35300	*	66.67
WEBSITE ADMIN JUN23
OLDH OLD HICKORY CD TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/31/23	PAGE	4
*** CHECK DATES 04/25/2023 - 07/31/2023 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND

DATE	DATE	
	6/01/23	
	6/01/23	
	6/01/23	
	6/01/23	
	6/01/23	
	6/01/23	
	6/01/23	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
71	202306 310-51300-35100	*	108.33
INFORMATION TECH JUN23
71	202306 310-51300-31300	*	291.67
DISSEMINATION FEE JUN23
71	202306 310-51300-51000	*	.45

202306 310-51300-42000	*	15.59	
202306 310-51300-42500	*	5.40	

OFFICE SUPPLIES 71
POSTAGE 71
COPIES
72	202306 320-53800-12000	*	1,312.50
FIELD MANAGEMENT JUN23
72A	202304 310-51300-42000	*	1.14
USPS-POSTAGE FOR 941 FORM
GOVERNMENTAL MANAGEMENT SERVICES	4,864.25 000264
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/14/23 00002	6/05/23 115108	202305 310-51300-31500	*	344.50
MTG/NOT.OF TERM/COMMENCE
LATHUM, LUNA, EDEN & BEAUDINE	344.50 000265
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/14/23 00012	6/12/23 06122023 202306 300-20700-10000	*	846.85
FY23 SPCL ADMNT SER2020
OLD HICKORY CDD C/O USBANK	846.85 000266
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/21/23 00012	6/16/23 06162023 202306 300-20700-10000	*	2,540.54
FY23 SPCL ASMNT SER2020
OLD HICKORY CDD C/O USBANK	2,540.54 000267
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/12/23 00010	6/30/23 212351	202306 320-53800-47000	*	1,334.00
AQUATIC PLANT MGMT JUN23
APPLIED AQUATICS MANAGEMENT INC	1,334.00 000268
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/12/23 00016	6/23/23 5312	202306 320-53800-47100	*	1,500.00
POUR CONCRETE PAD/BIKE RK
BERRY CONSTRUCTION INC.	1,500.00 000269
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/12/23 00009	6/26/23 19249	202305 320-53800-46400	*	190.54
RPR SPRAY HEAD/ROTATR/NOZ
7/01/23 19578	202307 320-53800-46200	*	11,301.00
LAWN MAINTENANCE JUL23
FLORALAWN 2, LLC	11,491.54 000270
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/12/23 00011	5/02/23 24088	202304 310-51300-32200	*	1,000.00
FY22 AUDIT FEE - APR23
6/02/23 24260	202305 310-51300-32200	*	1,500.00
FY22 AUDIT FEE - FINAL
GRAU AND ASSOCIATES	2,500.00 000271
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
OLDH OLD HICKORY CD TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/31/23	PAGE	5
*** CHECK DATES 04/25/2023 - 07/31/2023 ***	OLD HICKORY - GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

*	3,062.50		
*	66.67			
*	108.33			
*	291.67			
*	.30			

7/13/23 00001	7/01/23	
	7/01/23	
	7/01/23	
	7/01/23	
	7/01/23	

73	202307 310-51300-34000
MANAGEMENT FEES JUL23
73	202307 310-51300-35300
WEBSITE ADMIN JUL23
73	202307 310-51300-35100
INFORMATION TECH JUL23
73	202307 310-51300-31300
DISSEMINATION FEE JUL23
73	202307 310-51300-51000
OFFICE SUPPLIES
7/01/23 73	202307 310-51300-42000	*	14.58
POSTAGE
7/01/23 73	202307 310-51300-42500	*	3.90
COPIES
7/01/23 74	202307 320-53800-12000	*	1,312.50
FIELD MANAGEMENT JUL23
GOVERNMENTAL MANAGEMENT SERVICES	4,860.45 000272
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/18/23 00021	7/18/23 9075572	202307 310-51300-42500	*	195.00
DATA CONVERSION/UPDT/DUPE
7/18/23 9075572	202307 310-51300-42000	*	83.16
BLACK/WHITE PRINTING MRGE
7/18/23 9075572	202307 310-51300-51000	*	60.19
396 RETURN ADDRESS ENVELP
7/18/23 9075572	202307 310-51300-42000	*	261.36
396 POSTAGE
TRIPLE HERITAGE LLC DBA	599.71 000273
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/18/23 00002	7/05/23 118613	202306 310-51300-31500	*	531.18
FY22AUDIT RPT/PRP ETHICS
LATHUM, LUNA, EDEN & BEAUDINE	531.18 000274
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	104,187.33
TOTAL FOR REGISTER	104,187.33

OLDH OLD HICKORY CD TVISCARRA

Section 2

Old Hickory
Community Development District

Unaudited Financial Reporting June 30, 2023

TABLE OF CONTENTS

1	BALANCE SHEET

2	GENERAL FUND INCOME STATEMENT

3	DEBT SERVICE FUND SERIES 2020

4	MONTH TO MONTH

5	LONG TERM DEBT SUMMARY

6	FY23 ASSESSMENT RECEIPT SCHEDULE

Old Hickory
COMMUNITY DEVELOPMENT DISTRICT BALANCE SHEET
June 30, 2023

General
Fund

Debt Service
Fund

Total
2023

ASSETS:
CASH	
$308,861	
---	
$308,861	
INVESTMENTS SERIES 2020
RESERVE	

---	

$177,750	

$177,750	
REVENUE	---	$137,843	$137,843	
PREPAYMENT	---	$4,004	$4,004	
TOTAL ASSETS	$308,861	$319,597	
	$628,458 	

LIABILITIES:
ACCOUNTS PAYABLE	

$6,056	

---	

$6,056	
FUND EQUITY:
FUND BALANCES:				
RESTRICTED FOR DEBT SERVICE	---	$319,597		$319,597	
UNASSIGNED	$302,806	---		$302,806	
TOTAL LIABILITIES & FUND EQUITY	$308,861	$319,597			$628,458 	

1

Old Hickory
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
Statement of Revenues & Expenditures
For The Period Ending June 30, 2023

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 6/30/23	ACTUAL
THRU 6/30/23	
VARIANCE	
REVENUES:					
SPECIAL ASSESSMENTS	$427,829	$427,829	$429,123	$1,294	
TOTAL REVENUES	$427,829	$427,829	$429,123	$1,294	

EXPENDITURES:					
ADMINISTRATIVE:					
SUPERVISOR FEES	$12,000	$9,000	$3,800	$5,200	
FICA EXPENSE	$918	$689	$291	$398	
ENGINEERING	$12,000	$9,000	$5,050	$3,950	
ATTORNEY	$25,000	$18,750	$2,786	$15,964	
ARBITRAGE	$450	$450	$450	$0	
DISSEMINATION	$3,500	$2,625	$2,625	($0)	
ANNUAL AUDIT	$4,500	$4,500	$5,000	($500)	
TRUSTEE FEES	$4,100	$4,100	$4,041	$59	
ASSESSMENT ADMINISTRATION	$5,000	$5,000	$5,000	$0	
MANAGEMENT FEES	$36,750	$27,563	$27,563	$0	
INFORMATION TECHNOLOGY	$1,300	$975	$975	$0	
WEBSITE MAINTENANCE	$800	$600	$600	($0)	
TELEPHONE	$300	$225	$0	$225	
POSTAGE	$1,000	$750	$502	$248	
INSURANCE	$6,325	$6,325	$5,645	$680	
PRINTING & BINDING	$1,000	$750	$53	$697	
LEGAL ADVERTISING	$2,500	$1,875	$797	$1,078	
OTHER CURRENT CHARGES	$1,000	$750	$401	$349	
OFFICE SUPPLIES	$625	$469	$3	$466	
PROPERTY APPRAISER	$0	$0	$451	($451)	
DUES, LICENSES & SUBSCRIPTIONS	$175	$175	$175	$0	
TOTAL ADMINISTRATIVE	$119,243	$94,570	$66,206	$28,363	

FIELD:					
FIELD SERVICES	$15,750	$11,813	$11,813	$0	
PROPERTY INSURANCE	$1,525	$1,525	$1,398	$127	
ELECTRIC	$1,500	$1,125	$295	$830	
STREETLIGHTS	$93,025	$69,769	$56,925	$12,844	
WATER & SEWER	$20,000	$15,000	$14,658	$342	
LANDSCAPE MAINTENANCE	$143,280	$107,460	$81,850	$25,610	
LANDSCAPE CONTINGENCY	$2,500	$1,875	$1,050	$825	
LAKE MAINTENANCE	$16,006	$12,005	$12,006	($2)	
IRRIGATION REPAIRS	$5,000	$3,750	$2,466	$1,284	
REPAIRS & MAINTENANCE	$2,500	$1,875	$2,065	($190)	
WALLS, ENTRY & MONUMENTS	$2,500	$1,875	$0	$1,875	
CONTINGENCY	$5,000	$3,750	$1,050	$2,700	
TOTAL FIELD	$308,586	$231,821	$185,575	$46,246	
					
TOTAL EXPENDITURES	$427,829	$326,391	$251,781	$74,609	
					
EXCESS REVENUES (EXPENDITURES)	$0		$177,342		
					
FUND BALANCE - Beginning	$0		$125,464		
					
FUND BALANCE - Ending	$0		$302,806		

Old Hickory
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND
SERIES 2020
Statement of Revenues & Expenditures
For The Period Ending June 30, 2023

	ADOPTED
BUDGET	PRORATED BUDGET
THRU 6/30/23	ACTUAL
THRU 6/30/23	
VARIANCE	
REVENUES:					
SPECIAL ASSESSENTS	$356,100	$356,100	$356,387	$287	
INTEREST	$75	$56	$12,314	$12,258	
TOTAL REVENUES	$356,175	$356,156	$368,701	$12,545	

EXPENDITURES:					
INTEREST - 12/15	$113,363	$113,163	$113,163	$0	
PRINCIPAL - 06/15	$130,000	$130,000	$130,000	$0	
INTEREST - 06/15	$113,363	$113,163	$113,163	$0	
TOTAL EXPENDITURES	$356,725	$356,325	$356,325	$0	
					
EXCESS REVENUES (EXPENDITURES)	($550)		$12,376		
					
FUND BALANCE - Beginning	$122,564		$307,220		
					
FUND BALANCE - Ending	$122,014		$319,597		

Old Hickory
Community Development District

Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total	
REVENUES:

SPECIAL ASSESSMENTS	$0	
$20,872	
$329,783	
$2,605	
$67,095	
$980	
$649	
$3,059	
$4,079	
$0	
$0	
$0	
$429,123	
TOTAL REVENUES	$0	$20,872	$329,783	$2,605	$67,095	$980	$649	$3,059	$4,079	$0	$0	$0	$429,123	
EXPENDITURES:														
ADMINISTRATIVE:
SUPERVISOR FEES	
$1,000	
$1,000	
$0	
$0	
$800	
$0	
$0	
$1,000	
$0	
$0	
$0	
$0	
$3,800	
FICA EXPENSE	$77	$77	$0	$0	$61	$0	$0	$77	$0	$0	$0	$0	$291	
ENGINEERING	$120	$850	$0	$2,295	$1,305	$0	$480	$0	$0	$0	$0	$0	$5,050	
ATTORNEY	$370	$446	$0	$159	$830	$0	$106	$345	$531	$0	$0	$0	$2,786	
ARBITRAGE	$0	$450	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$450	
DISSEMINATION	$292	$292	$292	$292	$292	$292	$292	$292	$292	$0	$0	$0	$2,625	
ANNUAL AUDIT	$0	$0	$2,000	$0	$0	$500	$1,000	$1,500	$0	$0	$0	$0	$5,000	
TRUSTEE FEES	$0	$4,041	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$4,041	
ASSESSMENT ADMINISTRATION	$5,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,000	
MANAGEMENT FEES	$3,063	$3,063	$3,063	$3,063	$3,063	$3,063	$3,063	$3,063	$3,063	$0	$0	$0	$27,563	
INFORMATION TECHNOLOGY	$108	$108	$108	$108	$108	$108	$108	$108	$108	$0	$0	$0	$975	
WEBSITE ADMINISTRATION	$67	$67	$67	$67	$67	$67	$67	$67	$67	$0	$0	$0	$600	
TELEPHONE	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
POSTAGE	$412	$4	$8	$3	$17	$13	$22	$8	$16	$0	$0	$0	$502	
INSURANCE	$5,645	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,645	
PRINTING & BINDING	$8	$13	$2	$0	$0	$26	$0	$0	$5	$0	$0	$0	$53	
LEGAL ADVERTISING	$797	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$797	
OTHER CURRENT CHARGES	$47	$39	$39	$74	$38	$39	$47	$39	$39	$0	$0	$0	$401	
OFFICE SUPPLIES	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$3	
PROPERTY APPRAISER	$0	$0	$0	$0	$0	$451	$0	$0	$0	$0	$0	$0	$451	
DUES, LICENSES & SUBSCRIPTIONS	$175	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$175	

FIELD:														
FIELD SERVICES	$1,313	$1,313	$1,313	$1,313	$1,313	$1,313	$1,313	$1,313	$1,313	$0	$0	$0	$11,813	
PROPERTY INSURANCE	$1,398	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,398	
ELECTRIC	$35	$34	$35	$36	$29	$52	$25	$25	$24	$0	$0	$0	$295	
STREETLIGHTS	$8,132	$8,212	$8,279	$8,349	$1,660	$9,118	$3,397	$4,909	$4,869	$0	$0	$0	$56,925	
WATER & SEWER	$939	$909	$1,374	$1,426	$986	$2,125	$1,689	$2,360	$2,850	$0	$0	$0	$14,658	
LANDSCAPE MAINTENANCE	$8,464	$8,464	$8,464	$8,464	$8,464	$8,464	$8,464	$11,301	$11,301	$0	$0	$0	$81,850	
LANDSCAPE CONTINGENCY	$0	$1,050	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,050	
LAKE MAINTENANCE	$1,334	$1,334	$1,334	$1,334	$1,334	$1,334	$1,334	$1,334	$1,334	$0	$0	$0	$12,006	
IRRIGATION REPAIRS	$181	$89	$194	$143	$964	$458	$247	$191	$0	$0	$0	$0	$2,466	
REPAIRS & MAINTENANCE	$0	$0	$0	$0	$565	$0	$0	$0	$1,500	$0	$0	$0	$2,065	
WALLS, ENTRY & MONUMENTS	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
CONTINGENCY	$0	$0	$0	$0	$0	$1,050	$0	$0	$0	$0	$0	$0	$1,050	
TOTAL EXPENDITURES	$38,975	$31,852	$26,571	$27,123	$21,897	$28,471	$21,653	$27,928	$27,312	$0	$0	$0	$251,781	
														
EXCESS REVENUES (EXPENDITURES)	($38,975)	($10,979)	$303,213	($24,518)	$45,198	($27,491)	($21,004)	($24,869)	($23,233)	$0	$0	$0	$177,342	

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	$177,750	
BONDS OUTSTANDING - 10/21/20	$6,245,000	
LESS: PRINCIPAL PAYMENT 06/15/21	($120,000)	
LESS: PRINCIPAL PAYMENT 06/15/22	($125,000)	
LESS: SPECIAL CALL 09/15/22	($10,000)	
LESS: PRINCIPAL PAYMENT 06/15/23	($130,000)	
CURRENT BONDS OUTSTANDING	$5,860,000	

OLD HICKORY

Gross Assessments $	833,127 $	455,136 $	377,991	
Net Assessments $	783,139 $	427,828 $	355,312	

COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT RECEIPTS - FY2023 TAX COLLECTOR

Date Received	

Dist.	
Gross Assessments Received	
Discounts/ Penalties	
Commissions Paid	
Interest Income	
Net Amount Received	
General Fund 54.63%	Debt Service Series 2020
45.37%	
Total 100%	

11/18/22	
ACH	
$	1,802.30	
$	94.62	
$	34.15	
$	-	
$	1,673.53	
$	914.25	
$	759.28	
$	1,673.53	
11/22/22	ACH	$	38,832.15	$	1,553.31	$	745.58	$	-	$	36,533.26	$	19,958.06	$	16,575.20	$	36,533.26	
12/9/22	ACH	$	641,655.05	$  25,666.31	$  12,319.78	$	-	$ 603,668.96	$	329,783.32	$	273,885.64	$  603,668.96	
1/10/23	ACH	$	3,698.30	$	110.94	$	71.74	$	-	$	3,515.62	$	1,920.58	$	1,595.04	$	3,515.62	
1/10/23	ACH	$	948.00	$	28.44	$	18.39	$	-	$	901.17	$	492.31	$	408.86	$	901.17	
1/24/23	ACH	$	-	$	-	$	-	$	352.34	$	352.34	$	192.48	$	159.86	$	352.34	
2/9/23	ACH	$	130,449.67	$	5,125.60	$	2,506.49	$	-	$ 122,817.58	$	67,095.03	$	55,722.55	$  122,817.58	
3/10/23	ACH	$	1,849.15	$	18.49	$	36.61	$	-	$	1,794.05	$	980.09	$	813.96	$	1,794.05	
4/11/23	ACH	$	948.00	$	-	$	18.96	$	-	$	929.04	$	507.53	$	421.51	$	929.04	
4/24/23	ACH	$	-	$	-	$	-	$	258.81	$	258.81	$	141.39	$	117.42	$	258.81	
5/10/23	ACH	$	5,713.86	$	-	$	114.28	$	-	$	5,599.58	$	3,059.04	$	2,540.54	$	5,599.58	
6/12/23	ACH	$	1,904.62	$	-	$	38.09	$	-	$	1,866.53	$	1,019.68	$	846.85	$	1,866.53	
6/16/23	ACH	$	5,713.87	$	-	$	114.28	$	-	$	5,599.59	$	3,059.05	$	2,540.54	$	5,599.59	
Totals		$	833,514.97	$  32,597.71	$  16,018.35	$	611.15	$ 785,510.06	$	429,122.80	$	356,387.26	$  785,510.06	

Section 3

MARY JANE ARRINGTON
OSCEOLA COUNTY SUPERVISOR OF ELECTIONS

April 25, 2023

Ms. Stacie Vanderbilt Recording Secretary
Old Hickory Community Development District 219 E. Livingston St.
Orlando, FL 32801

RE:	Old Hickory Community Development District - Registered Voters

Dear Ms. Vanderbilt:

Thank you for your letter requesting confirmation of the number of registered voters within the Old Hickory Community Development District as of April 15, 2023.

The number of registered voters within the Old Hickory COD is 605 as of April 15, 2023. If I can be of further assistance, please contact me at 407.742.6000.
Respectfully yours,
1)'
Mary Jane Arrington
Supervisor of Elections

APR 2 8 2023
=	CMS-CF, LLC

2509 East Irlo Bronson Memorial Highway • Kissimmee, FL 34744 407.742.6000 "Fax: 407.742.6001 • www.voteosceola.com

Section 4

BOARD OF SUPERVISORS MEETING DATES
OLD HICKORY COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2024

The Board of Supervisors of the Old Hickory Community Development District will hold their regular meetings for Fiscal Year 2024 at 10:30 a.m., at the Oasis Club at ChampionsGate, 1520 Oasis Club Blvd., ChampionsGate, FL 33896, on the third Monday of the month, unless otherwise indicated, as follows:

October 16, 2023
November 20, 2023
December 18, 2023
January 15, 2024 (National Holiday – Consider Rescheduling) February 19, 2024
March 18, 2024
April 15, 2024
May 20, 2024
June 17, 2024
July 15, 2024
August 19, 2024
September 16, 2024

The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. A copy of the agenda for these meetings may be obtained from the District Manager, Governmental Management Services – Central Florida, LLC, 219 E. Livingston Street, Orlando, FL 32801 or by calling (407) 841-5524.

There may be occasions when one or more Supervisors or staff will participate by speaker telephone. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (407) 841-5524 at least 48 hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Office.

A person who decides to appeal any decision made at the meeting with respect to any matter considered at the meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

George S. Flint District Manager
Governmental Management Services – Central Florida, LLC