Amelia National Community Development District
12051 Corporate Boulevard, Orlando, FL 32817, PHONE 407-723-5900, FAX 407-723-5901
www.amelianationalcdd.com

The meeting of the Board of Supervisors of Amelia National Community Development District will be held Thursday, January 7, 2021 at 11:30 a.m. at 910 South 8th Street, Suite 100, Fernandina Beach, FL 32034. The following is the agenda for this meeting.

PLEASE NOTE: Anyone seeking to physically attend the Amelia CDD National Board of Supervisors meeting MUST wear a mask and socially distance. In light of social distancing requirements, there will be limited space for members of the public to physically attend the meeting. Once the meeting space has reached capacity with social distancing parameters in place, attendance will be available ONLY through virtual means. To attend the meeting virtually, please call:

Call in number: 1-844-621-3956 (New) Passcode: 790 562 990 # (New)

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Call to Order
Roll Call
Public Comment Period [for any members of the public desiring to speak on any proposition before the Board]

General Business Matters
Consideration of Minutes of the November 19, 2020 Board of Supervisors’ Meeting
Update on Pond Aeration Project from Leland Management
Update of Bond Restructuring Option
Ratification of Payment Authorizations 2020-75—2020-83
Review of District Financial Statements

Other Business
Staff Reports
District Counsel
District Engineer
District Manager
Audience Comments
Supervisors Requests

Adjournment

AMELIA NATIONAL COMMUNITY DEVELOPMENT DISTRICT

Consideration of Minutes of the November 19, 2020 Board of Supervisors’ Meeting

MINUTES OF MEETING

AMELIA NATIONAL COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING MINUTES
Thursday, November 19, 2020
11:30 AM
910 South 8th Street, Suite 100, Fernandina Beach, FL, 32034

Board Members present:

John Calkins	Chairperson
Stephen Kearney	Vice Chairperson
Vance Renfroe	Assistant Secretary
Roger Ridings	Assistant Secretary
Jean Stanley	Assistant Secretary

Also present via:

Vivian Carvalho	District Manager- PFM Group Consulting, LLC	
Kevin Plenzler	PFM Financial Advisors, LLC		(via phone)	
Katie Buchanan	District Counsel- Hopping Green & Sams	(via phone)	
Dee Belet	Leland Management	(joined meeting in progress)	
Mike Veazey	ICI Homes		(via phone)	
Kelly McCarrick	ICI Homes		(via phone)	

FIRST ORDER OF BUSINESS	Organizational Matters Call to Order and Roll Call
Ms. Ripoll called to order at 11:45 a.m. the Amelia National CDD Board of Supervisors’
meeting in which roll call was initiated. Those in attendance are listed above.

Public Comment Period

There were no public comments at this time.

Administration of Oath of Office to New Members of the Board of Supervisors

Ms. Carvalho administered the oath of office to Mr. Renfroe, Mr. Ridings, and Ms. Stanley.

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Overview of the Florida “Government in the Sunshine” Regulations and other Board Member Responsibilities
Statement of Financial Interest,
Form 1
Board Member Compensation

The new Board Members were asked if they wanted to receive or waive compensation and they chose to receive compensation.

The Board Members were informed they are required to fill out and submit the Statement of Financial Interest to the Supervisor of Elections in the cou nty in which they live within 30 days of being elected to the Board.

Ms. Buchanan went over the documents including the Sunshine Law, Public Records Law, and Code of Ethics.

Dee Belet joined the meeting in progress

SECOND ORDER OF BUSINESS	General Business Matters

Consideration of the Minutes of the August 13, 2020 Board of Supervisors’ Meeting

The Board reviewed the Minutes fromthe August 13, 2020 Board of Supervisors’ Meeting.

Ms. Stanley requested a full set of the agenda sent to her for the November 19, 2020 Meeting.

On MOTION by Mr. Kearney, seconded by Mr. Calkins, with all in favor, the Board approved the Minutes from the August 13, 2020 Board of Supervisors’ Meeting, as amended.

Review & Acceptance of Grau & Associates Audit FY 2020 Engagement Letter

Ms. Cavalho discussed the Grau & Associates FY 2020 Engagement Letter. The Engagement Letter reflects the costs discussed during the RFP process. She requested a motion from the Board to approve the Engagement Letter so Grau & Associates can work with PFM to proceed with doing the audit for Fiscal Year 2020.

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On MOTION by Mr. Calkins, seconded by Mr. Ridings, with all in favor, the Board accepted the Grau & Associates Audit FY 2020 Engagement Letter.

Consideration of Resolution 2021- 01 Electing District Officers

Ms. Carvalho recommended the slate of officers is as follows; John Calkins as Chair, Stephen Kearney as Vice-Chair, Vivian Carvalho as Secretary, Venessa Ripoll, Jean Stanley, Rodger Ridings, and Vance Renfroe as Assistant Secretaries, Jenifer Glasgow as Treasurer and Amanda Lane as Assistant Treasurer.

On MOTION by Mr. Calkins, seconded by Mr. Ridings, with all in favor, the Board approved Resolution 2021-01 Electing District Officers.

Consideration of Resolution 2021—02,	Authorization Disbursements of Funds

Ms. Carvalho explained when the District has emergency items that have to come before the Board in between meetings the Resolution allows those items to be addressed between District Management as well as the Chair of the District.

Mr. Calkins provided an example of an emergency situation where this resolution would be utilized. Mr. Calkins asked Ms. Carvalho to describe PFM’s function Vs. Leland’s function. PFM is the records custodian for the District and has the responsibility over accounting for the District. The District has an agreement with Leland to provide field services for the District. Ms. Calkins noted the Board reviewed both of those contracts and compare them to other communities. Ms. Carvalho explained all contracts have a 30 day termination clause.

Mr. Renfroe asked if the District needs a service or vendor would they use Leland to go out and solicit bids. Ms. Carvalho stated that is part of their responsibility within the scope of the contract. Ms. Stanley asked if the District has a three bid rule. Ms. Carvalho said yes depending in the cost and if it is below $1,000.00 it does not require three proposals. The Board discussed some emergency situations that arose. Ms. Carvalho requested a motion to approve Resolution 2021-01 as presented.

On MOTION by Mr. Kearney, seconded by Mr. Ridings, with all in favor, the Board approved Resolution 2021-01, Authorizing Disbursement of Funds.

Consideration of Resolution 2021- 03,  Annual  Appropriations  and

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Adopting the Revised Budget for Fiscal Year 2020

Ms. Carvalho stated one of the requirements per statute is that the District must amend the previous Fiscal Year Budget if there are line items that have gone over 10% or
$10,000.00. The Board will have to allocate certain areas of line items that were not expensed to offset the differences. A lengthy discussion took place.

Mr. Kearney stated legal fees were budgeted for $2,500 and the District spent $15,000.00. Ms. Buchanan stated that was for billable hours. Mr. Kearney asked about legal advertising which went up 300%. Ms. Buchanan stated both of those line items relate to the increase in meetings. For a long time this Board met for 30 minutes and only 2 -3 times per year and that has changed. Ms. Carvalho stated that is why the budget needs to be amended.

On MOTION by Mr. Kearney, seconded by Mr. Renfroe, with all in favor, the Board approved Resolution 2021-03, Annual Appropriations and Adopting the Revised Budget for Fiscal Year 2021.

Discussion Regarding material on the District Website

Ms. Buchanan stated in prior years Florida Law had very specific requirement formaterials that were included on the District website like full agenda packages, meeting minutes, etc and that was easy until the District had to contrend with the ADA requirements needed to convert documents for posting materials to the website.

In the las Legislative Session the law was changed to allow the District to no longer have to obligation to upload the entire agenda book monthly and it results in a less robust disclosure. She asked the Board if they would like to post only what is permitted by law or to keep the materials the same. Ms. Stanley asked if the public could request further information if the District limited the District website material to what is permitted by law. Ms. Carvalho replied yes. Ms. Carvalho stated the District no longer has to include the Audit Report but must at least include a link to the Auditor General Website. If there is a Public Facilities Report it no longer needs to be included on the website. Ms. Stanely asked her how many people pursue additional information. Ms. Carvalho said she has never had that occur. Ms. Carvalho stated some District’s go to the full extent of adhering to Statute and including the bare minimum, others have continuing to keep the Audit and Public Facilities Report, and the Agenda page but removing the backup to the requisitions. Some of the invoices need to be redacted if they display account numbers prior to being posted on the website and it must be able to go into a program for the visually impaired to read the documents out loud.

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On MOTION by Mr. Kearney, seconded by Ms. Stanley, with all in favor, the Board approved adhering to the Florida Statute Change regarding Material on the District Website.

Ms. Stanley asked if PFM manages the Amelia National HOA website. Ms. Carvalho said no because that is a private entity. The changes to the District web site will take place going forward for all future documents.

Update to Bond Restructuring Options

Mr. Plenzler provided an overview of the Bond restructuring items. At the beginning of 2020 the District started the process of evaluating of the Series 2004 Bonds which is currently ongoing. A term sheet was provided by Ameris Bank and there has been discussion regarding their proposal. He spoke with Tyler Kraugh with Ameris bank as of yesterday he is still interested in the deal and is reviewing the underwriting. He would like to have the District revistit some of the data and send it to him to go back through the underwriting process and he would like to provide another term sheet to the Board at the January meeting. The Board can make a decision if they want to entertain that proposal. Mr. Calkins asked Mr. Plenzler if he was taking into account the previous Board’s request. They didn’t want to pursue the refinancing unless the interest rate was under 3%.

Mr. Kearney asked Mr. Plenzelr to discuss the Series 2004 and Series 2006 bonds and the rate. Mr. Plenzler stated per the last Board call there was decreasing interest of anything at 3.5%. He spoke to an underwriter who sai at this time going to market with the project as currently constructed is not really an option and if the District wanted to pivot to a public issuance rather than a bank loan that does not appear to be an option at the moment. He stated it is worth the Board entertaining any term sheet put before them and make a decision as to whether or not the rate meets their expectation and fromthere make a decision. Mr. Plenzler stated he can tell the bank if they cannot do 3.5% the District will not move forward. Mr. Kearney asked Ms. McCarrick if ICI has financed any Bonds recently and at what rates. Ms. McCarrick stated the last issuance was at 4%. It was pre- covid and she belives rates have decreased. She noted what Mr. Plenzler is illuding to is the collateral for the 2004 Bonds is platted lots as well as the next pahse to be platted and the project has absorbed slow and makes marketability lower. The District does not qualify for credit ratings status. If the District doesn’t give a proposal from the bank that gives the District a desirable rate she suggested the District wait and let the roofs of the buildings get built which is about 140 roofs before qualifying for an A Bond rating and refinance the Bonds at credited rates.

Mr. Plenzler stated the 2004 Bonds are at 6.3% interest rate and the 2006 Bonds are at 5.375% interest rate. The original Bond issuance was $6,000,000.00 for 2004 and the remaining par outstanfing is $5,800.000.00. A lengthy discussion took place. Mr. Kearney asked Mr. Plenzler what rate he thinks Ameris Bank is considering to which he replied he got a verbal confirmation that it was sub 4% but was not sure where on the specrum it was. That would reflect a $200.00 in savings in annual assessments for homeowners. The Board discussed the call dates. The District will have a meeting on January 7, 2021 and a decision will be made as it relates to the Bond Restructuring items.

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Ms. Stanley why it is Ameris and not another institution. Mr. Plenzler responded the District put out an RFP to a lot of Banks and Ameris was the only one to respond with a term sheet. Ms. Stanley asked if the District can make a reattempt to see which banks would be interested now. Mr. Plenzler stated the Board could do that but he would not be able to promise to receive any term sheets by January. Mr. Plenzler stated he can update the credit information and circulate to banks and in the interim work with Ameris. A lengthy discussion took place. There is no action required by the Board today.

Pond	Update	from	the	Lake Doctors

Mr. Calkin provided an overview to the Board. Ms. Stanley noted the Lake Doctors is modifying their report to include all the ponds. Mr. Calkins stated he questioned which ponds the Lake Doctors were servicing. A lengthy discussion took place about the algae and the ponds. The Board requested a representative from JEA, Lake Doctors, and the Golf Course to attend the meeting. The District discussed pond aeration and only pond 7 is being aerated currently. Mr. Ridings asked about the process to appoint someone to talk with representatives. Ms. Carvalho stated the Board will appoint a representative of the Board to deal with certain aspects of the District and report to District staff. Ms. Stanley will take over The Lake Doctors project.

Pond Aeration update from Leland Management

Ms. Stanley noted previously Cheryl had acquired proposal for pond aeration that was provided to the Board of Supervisors. Now she is looking for the electrical source where it is located and Mr. Veazey is assisting in that process. She reached out of Peacock Electric and they need to know the power requirement for the pumps so they can give the District a true proposal. There was no special power on pond 7. It is just a meter with a post and Mr. Kearney noted the proposals are all 115 volts connection. There is no need for a special power. Ms. Stanley will finalize the power requirement with Peacock.

Mr. Calkins left the meeting at 1:27 p.m.

Ratification	of	Payment Authorization 2020-67 - 2020-74

The Board reviewed Payment Authorizations 2020-67 - 2020-74. These are contractual obligations and they are signed by the Chair and just need to be ratified by the Board.

On MOTION by Mr. Ridings, seconded by Mr. Renfroe, with all in favor, the Board ratified Payment Authorization 2020-67 - 2020-74.

Review	of	District	Financial Statements

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The Board reviewed the District Financial Statements. Ms. Carvalho explained off Roll Assessments and explained the adopted budget and the budget to actual for the month of October. Mr. Kearney asked Ms. Carvalho what was carried over from last year. She will ask Ms. Champagne. The Board requested that Ms. Champagne provide the cash flow on hand for the District as soon as possible and the carryover from last year. It will be circulated to the Board prior to the January meeting.

THIRD ORDER OF BUSINESS	Other Business Staff Reports
District Counsel –	No Report

District Engineer – Not Present

District Manager –  Ms. Ripoll noted the next meeting is scheduled for January 7, 2020. She will include the newly Elected Board Members on the calendar invite. It is important for the Board to inform her if they can be in attendance or not but reminded them to reply to Management only and not reply all due to the Sunshine Law requirements.

Audience Comments and Supervisor Requests

Mr. Kearney asked Ms. Carvalho to send him the calendar of meetings to him.

Mr. Calkins discussed the area of the lot and conveyed to the CDD. The District May have responsibility for maintaining the sloped edges of ponds where they are not already owned and occupied by individual property owners. The original property line went out around the last pond at the end of Poppler and this would bring it back so it is more like a normal yard than a yard with a lake going halfway around a pond. Ms. McCarrick looked at the Tax Roll for the District and the information is correct and reflects the correct information there was no follow-up necessary to bring back at the next Board Meeting pertaining to this item. Mr. Veazey stated Riverside owns Lot 205 and the lot line goes down the lake and they are looking to end it at the lake bank so its not an unusual lot line. That area has been maintained the MSBU and Amelia Concourse right-of-way. Riverside would like to deed the section of the pond to the CDD and they will pay for the survey work and the attorney to record it because they want the lot line adjusted. The MSBU will continue to maintain it. It is a business unit formed to build Amelia Concourse so a future development could be done and the County wouldn’t have to put that money out. It comes of the tax bill of residents of Amelia Concourse. Mr. Calkins stated the District carries liability insurance and ponds are invitations to people to use ponds differently than intended. This particular

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pond has unobstructed access to the concourse and the sidewalks. A lengthy discussion took place about the stomwater and storm drains going into the pond.

On MOTION by Mr. Calkins, seconded by Mr. Renfroe, with all in favor, the Board accepting Riverside Homes to deed the section to the CDD.

Mr. Ridings asked about ICI plan for the development on the corner of Wild Cherry and Amelia Concourse. Mr. Veazey answers his question but this is not CDD business.

FOURTH ORDER OF BUSINESS	Adjournment

There was no additional business to be discussed. Ms. Carvalho requested a motion to adjourn.

On MOTION by Mr. Kearney, seconded by Ms. Stanley, with all in favor, the November 19, 2020 Board of Supervisors meeting of the Amelia National CDD was adjourned at 1:59 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

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AMELIA NATIONAL COMMUNITY DEVELOPMENT DISTRICT

Update on Pond Aeration Project from Leland Management

AMELIA NATIONAL COMMUNITY DEVELOPMENT DISTRICT

Update of Bond Restructuring Option

AMELIA NATIONAL COMMUNITY DEVELOPMENT DISTRICT

Ratification of Payment Authorizations 2020-75—2020-83

Oct 28 20 01:24p	CALKINS	9044916226	p.2

AMELIA NATIONAL
COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization 75
10/16/2020
FY20	FY21
Item	Payee	Invoice#	General	General
No.	Fund	  Fund	

Elite Christmas Lighting
Christmas lights 50% Deposit	2549	$  1,186.25

Christmas lights balance due	2549-1
Leland Management

,,,.,,

$  1.186.25

Management Fee: Sep. 2020

$	650.00

3

Martex Services
Tree Work

12401

4

PFM Group Consulting LLC
District Management Fee: Oct. 2020

DM-10-2020-0001

$	2,500.00

Subtotal for FY	$  3,022.50	$	2,900.00

Total	$5,922.50

		lu/2c.)zo
Secretal)'/Assistant Secretary

Oct 28 20 01:24p	CALKINS	9044916226	p.1

AMELIA NATIONAL
COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization 76		
10i22/2020		
		FY20	FY21	
Item	Payee
No.	Invoice#	General Fund	General
	Fund		

1	Leland Management				
Management Fee: Oct. 2020			$	800.00	
	Subtotal for FY	$	$	800.00	
	Total	$800.00		

Secretary/Assistant Secretary

lo/;;;,. B/2D

Nov 10 20 11:59a	CALKINS	9044916226	p.1

AMELIA NATIONAL
COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization 77
10/29(2020
FY20	FY21
Item	Payee	Invoice#	General	General
No.	Fund	Fund

Leland Management
ManagementFee:Aug.2020	$	650.00

Martex Services
Installed Pine Straw	12554	$	2,100.00

PFM Group Consulting LLC
Billable Expenses: Oct. 2020	112170	$	471.DD

Subtotal for FY	$	650.00	$	2,571.00

Total

$3,221.00

ti/10)20

Secretary/Assistant Secretary

Nov 18 20 02:05p	CALKINS	9044916226	p.1

AMELIA NATIONAL
COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization 78
11/5/2020
FY20	FY21
Item	Payee	Invoice#	General	General
No_	Fund	Fund

1	FPL (paid online)		
	Acct: 29680-15020; 09/18/20 - 10/19/20			$	69.94	
	Acct 83521-45521: 09/18/20- 10/19/20			s	54.07	
2	The Lake Doctors, Inc.
Water Management Svs Nov_ 2020	
541484		
s	
2,500.00	
3	Martex Services					
	Maintenance Contract Renewal Nov. 2020	12676		$	2,231.00	
Subtotal for FY	s	$	4,855.01

Total

$4,855.01

,,

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Secretary/Assistant Secretary

Nov 18 20 02:05p	CALKINS	9044916226	p.2

AMELIA NATIONAL
COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization 79
11i13/2020
FY20	FY21
Item	Payee	Invoice#	General	General

Secretary/ Assistant Secretary

No.	Fund	Fund

1	DEO		
FY2021 Special District Fee	82994		$	175.00	
2	Hopping Green & Sams
District Counsel thru 09/30/20	
118264	
$	153.62		
3	US Bank
FY21 Trustee Fees 2004A	
5914481		
$	3,717.38	
FY21 Trustee Fees 2006A	5914558		$	3,717.38	
	Subtotal for FY	$	153.62	$	7,609.76	
	Total	$7,763.38		

l \- \ r-2 u

AMELIA NATIONAL
COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization 80
11/23/2020

Item No.

Martex Services

Payee	Invoice#

FY20
General Fund

FY21
General
	Fund	

Irrigation Repair T & M	12822	$	515.77

PFM Group Consulting LLC
Re-amortization Services: Series 2004A District Management Fee: Nov. 2020 Postage/FedEx: Oct. 2020

Supervisor Fees: Meeting 11/19/2020
Vance Renfroe Stephen Kearney Roger Ridings Jean Stanley John C. Calkins

Vglobal Tech
Monthly Website Fee: November

Secretary/Assistant Secretary

112397	$	250.00
DM-11-2020-0054	$	2,500.00
OE-EXP-11-02	$	11.10
$	200.00
$	200.00
$	200.00
s	200.00
s	200.00
2108	s	100.00
Subtotal for FY	$	250.00	$	4,126.87

Total	$4,376.87
,2jo,j20

AMELIA NATIONAL
COMMUNITY	DEVELOPMENT	DISTRICT

Secretary/Assistant Secretary	Chairp rson/ Vice Chairperson

Payment	Authorization 81		
12/3/2020			

Item	
Payee	
Invoice#		FY20
General	FY21
General	
No.				Fund	Fund	

1	
The Lake Doctors, Inc.					
	Water Management Svs Dec. 2020	547283			$	2,500.00	
2	Leland Management					
	Management Fee: Nov. 2020				$	800.00	
3	Martex Services					
	Irrigation Repair T & M	12876			$	558.20	
4	Nassau Country Property Appraiser					
	Non-ad valorem assessments FY20-21				$	5,185.00	
5	Vglobal Tech
Monthly Website Fee: December	
2186			
$	100.00	
		Subtotal for FY	$		$	9,143.20	
		Total			$9,143.20	

2\ \2-0

AMELIA NATIONAL
COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization 82
12/11/2020

Item
No.

Payee	Invoice#

FY21
General Fund

Chair erson/ Vice Chairperson

1	FPL (paid online)

Acct: 29680-15020; 10/19/20 - 11/17/20		$	65.88	
Acct: 83521-45521; 10/19/20 - 11/17/20	-	$	52.58	
2	Martex Services
Maintenance Contract Renewal Dec. 2020	
13000	
$	2,231.00	
Installed Seasonal Flowers	13141	$	1,005.47	
3	PFM Group Consulting LLC
Re-amortization Services: Series 2004A	

112764	
$	125.00	
	Subtotal for FY	$	3,479.93	
	Total	$3,479.93	

Secretary/Assistant Secretary

AMELIA NATIONAL
COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization 83
12/17/2020

Item No.

Payee	Invoice#

FY21
General Fund

1		PFM Group Consulting LLC Billable Expenses: Nov. 2020 District Management Fee: Dec. 2020

112950
DM-12-2020-0001

$	777.00
$	2,500.00

Subtotal for FY	$	3,277.00

Total	$3,277.00

•	

Secretary/Assistant Secretary

Ch irperson/ Vice Chairperson

•

AMELIA NATIONAL COMMUNITY DEVELOPMENT DISTRICT

Review of District Financial Statements

Amelia National CDD Statement of Financial Position As of 11/30/2020

Debt Service Fund
- 2004 A		Debt Service Fund
- 2006A	

Assets			

$545,368.38			
42,920.23			
412,211.46			
178,889.67			
71,150.78			
		$350,459.38	
		262,943.84	
		10,930.60	
		0.03	
		2,699.48	
$1,250,540.52		$627,033.33	
$0.00		$0.00	
$1,250,540.52		$627,033.33	

Construction Fund	Long Term Debt
Group		Total	

$50,022.40	
			5,899.66	
			171,380.34	
			545,368.38	
			42,920.23	
			412,211.46	
			178,889.67	
			71,150.78	
			350,459.38	
			262,943.84	
			10,930.60	
			0.03	
			2,699.48	
$37,940.91			37,940.91	
163,230.77			163,230.77	
177,038.20			177,038.20	
$378,209.88	$0.00		$2,483,086.13	

$705,172.14		

$705,172.14	
	8,759,827.86		8,759,827.86	
$0.00	$9,465,000.00		$9,465,000.00	

$378,209.88	
$9,465,000.00		
$11,948,086.13	

$5,563.12	
		1,661.55	
		171,380.34	
		545,368.38	

General Fund

General Checking - CNB	$50,022.40	
State Board of Administration	5,899.66	
Assessments Receivable	171,380.34	
Assessments Receivable		
Due From Other Funds		
Debt Service Reserve - 2004A		
Revenue - 2004A		
Prepayment 2004A		
Assessments Receivable		
Debt Service Reserve - 2006A		
Revenue - 2006A		
Interest 2006A		
Prepayment 2006A		
Acquisition/Construction - 2006A		
Deferred Cost - 2004A		
Deferred Cost - 2006A		
Total Current Assets	$227,302.40	

Current Assets

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

 	  	

Total Assets

Current Liabilities Accounts Payable Due To Other Funds Deferred Revenue Deferred Revenue

$227,302.40

$5,563.12 1,661.55
171,380.34

 		  	

Liabilities and Net Assets

$545,368.38

Amelia National CDD Statement of Financial Position As of 11/30/2020

	General Fund		Debt Service Fund
- 2004 A		Debt Service Fund
- 2006A		Construction Fund		Long Term Debt
Group		Total	
Deferred Revenue					$350,459.38						350,459.38	
Total Current Liabilities	$178,605.01		$545,368.38		$350,459.38		$0.00		$0.00		$1,074,432.77	

Long Term Liabilities
Revenue Bonds Payable - Long-Term	$9,465,000.00	$9,465,000.00

Total Long Term Liabilities	$0.00	$0.00	$0.00	$9,465,000.00	$9,465,000.00

Total Liabilities	$178,605.01	$545,368.38	$350,459.38	$0.00	$9,465,000.00	$10,539,432.77

Net Assets
Net Assets, Unrestricted	$183,653.14										$183,653.14	
Net Assets - General Government	(132,734.78)										(132,734.78)	
Current Year Net Assets - General Government	(2,220.97)										(2,220.97)	
Net Assets, Unrestricted			$1,043,094.98								1,043,094.98	
Current Year Net Assets, Unrestricted			(337,922.84)								(337,922.84)	
Net Assets, Unrestricted					$381,951.73						381,951.73	
Current Year Net Assets, Unrestricted					(105,377.78)						(105,377.78)	
Net Assets, Unrestricted							$377,349.54				377,349.54	
Current Year Net Assets, Unrestricted							860.36				860.36	
Net Assets - General Government							(0.02)				(0.02)	
Total Net Assets	$48,697.39		$705,172.14		$276,573.95		$378,209.88		$0.00		$1,408,653.36	
												
Total Liabilities and Net Assets	$227,302.40		$1,250,540.52		$627,033.33		$378,209.88		$9,465,000.00		$11,948,086.13	

Revenues

Amelia National CDD Statement of Activities As of 11/30/2020

General Fund	Debt Service	Debt Service	Construction	Long Term Debt	Total	
	Fund - 2004 A	Fund - 2006A	Fund	Group		

On-Roll Assessments	$11,317.80										$11,317.80	
Off-Roll Assessments	28,026.36										28,026.36	
On-Roll Assessments			$42,827.66								42,827.66	
Other Assessments			52,469.84								52,469.84	
Inter-Fund Transfers					($765.89)						(765.89)	
Inter-Fund Transfers							$765.89				765.89	
Total Revenues	$39,344.16		$95,297.50		($765.89)		$765.89		$0.00		$134,641.66	

Expenses

Supervisor Fees	$1,000.00										$1,000.00	
Public Official Insurance	2,828.00										2,828.00	
Trustee Services	7,434.76										7,434.76	
Management	5,000.00										5,000.00	
Field Management	800.00										800.00	
Assessment Administration	5,000.00										5,000.00	
Legal Advertising	471.00										471.00	
Web Site Maintenance	200.00										200.00	
Office Misc (Postage, Tel, Copies, Etc.)	11.10										11.10	
Dues, Licenses, and Fees	175.00										175.00	
Electric	124.01										124.01	
General Insurance	3,675.00										3,675.00	
Irrigation	515.77										515.77	
Lake Maintenance	5,000.00										5,000.00	
Landscaping Maintenance & Material	4,462.00										4,462.00	
Landscape Improvements	2,500.00										2,500.00	
Entry Decorations	2,372.50										2,372.50	
Principal Payment			$250,000.00								250,000.00	
Interest Payments			183,330.00								183,330.00	
Interest Payments					$104,678.13						104,678.13	
Total Expenses	$41,569.14		$433,330.00		$104,678.13		$0.00		$0.00		$579,577.27	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$4.01										$4.01	
Interest Income			$109.66								109.66	
Interest Income					$66.24						66.24	
Interest Income							$94.47				94.47	
Total Other Revenues (Expenses) & Gains (Losses)	$4.01		$109.66		$66.24		$94.47		$0.00		$274.38	
Change In Net Assets	($2,220.97)		($337,922.84)		($105,377.78)		$860.36		$0.00		($444,661.23)	

Net Assets At Beginning Of Year	
$50,918.36		
$1,043,094.98		
$381,951.73		
$377,349.52		
$0.00		
$1,853,314.59	

Net Assets At End Of Year	
$48,697.39		
$705,172.14		
$276,573.95		
$378,209.88		
$0.00		
$1,408,653.36	

Amelia National CDD
Budget to Actual
For the Month Ended 11/30/2020

Revenues

Actual

Year To Date

Variance		Adopted FY 2020 Budget	

$4,223.33
$4,223.33		
$210,725.00
$210,725.00	

$0.00 6,184.76
-666.67
-166.67
-1,083.33
-1,000.00
4,166.67
0.00
-800.00
-966.67
-209.32
-30.57
-83.33
3,033.33
2,334.33
221.00
-16.67
145.83
-1,371.33
1,166.67
-817.56
-833.33
0.00
2,005.83
-200.00
-4,564.67
$6,448.31		
$6,000.00 7,500.00
4,000.00
1,000.00
6,500.00
6,000.00
5,000.00
30,000.00
9,600.00
5,800.00
2,000.00
250.00
500.00
3,850.00
2,962.00
1,500.00
100.00
175.00
35,000.00
8,000.00
8,000.00
5,000.00
30,000.00
2,200.00
2,400.00
27,388.00
$210,725.00	
-$2,224.98		$0.00	

$1.96
$1.96		
$0.00
$0.00	
-$2,223.02		$0.00	

Budget

Assessments	$39,344.16		$35,120.83	
Net Revenues	$39,344.16		$35,120.83	

 	 

Supervisor Fees	$1,000.00	$1,000.00	
Trustee Fees	7,434.76	1,250.00	
District Counsel	0.00	666.67	
Arbitrage	0.00	166.67	
Audit Fees	0.00	1,083.33	
Dissemination Agent	0.00	1,000.00	
Assessment Administration	5,000.00	833.33	
District Management Fees	5,000.00	5,000.00	
Management Fees - Field	800.00	1,600.00	
Property Appraiser Fee	0.00	966.67	
Electric	124.01	333.33	
Office Misc (Phone/Postage/Copies/Supplies/etc)	11.10	41.67	
Reamortization Schedule	0.00	83.33	
General Insurance	3,675.00	641.67	
Public Official Insurance	2,828.00	493.67	
Legal Advertising	471.00	250.00	
Bank Fees	0.00	16.67	
Dues, Licenses & Fees	175.00	29.17	
Landscape Maintenance	4,462.00	5,833.33	
Landscape Improvement	2,500.00	1,333.33	
Repairs & Maintenance - Irrigation	515.77	1,333.33	
Repairs & Maintenance - Entry	0.00	833.33	
Lake Maintenance	5,000.00	5,000.00	
Entry Decorations	2,372.50	366.67	
Website Maintenance	200.00	400.00	
Contingency/Miscellaneous	0.00	4,564.67	
Total General & Administrative Expenses	$41,569.14	$35,120.83	
Income (Loss) from Operations	-$2,224.98	$0.00	

her Income (Expense)
Interest Income	

$1.96		

$0.00	
Total Other Income (Expense)	$1.96		$0.00	
Net Income (Loss)	-$2,223.02		$0.00	

General & Administrative Expenses

Ot