Cypress Bluff
Community Development District

February 26, 2019

Cypress Bluff
Community Development District
475 West Town Place, Suite 114, St. Augustine, Florida 32092 Phone: 904-940-5850 - Fax: 904-940-5899

February 20, 2019

Board of Supervisors Cypress Bluff
Community Development District Dear Board Members:
The Cypress Bluff Community Development District Meeting is scheduled for Tuesday, February 26, 2019 at 1:30 p.m. at the Duval County Southeast Regional Library, 10599 Deerwood Park Boulevard, Jacksonville, Florida. Following is the advance agenda for the meeting:

Call to Order
Public Comment
Approval of the Minutes
October 23, 2018 Meeting
January 9, 2019 Special Meeting
February 6, 2019 Special Meeting
Consideration of Resolution 2019-05, Ratifying the Sale of the Bonds
Consideration of Disclosure of Public Finance
Consideration of Requisition for Directly Conveyed Improvements
Selection of Audit Committee
Staff Reports
District Counsel
District Engineer
District Manager
Financials Reports
Balance Sheet and Income Statement
Check Register
Supervisor’s Requests and Audience Comments
Next Scheduled Meeting – March 26, 2019 at 1:30 p.m. at the Duval County Southeast Regional Library
Adjournment

Enclosed under the third order of business are copies of the minutes of the October 23, 2018 meeting, January 9, 2019 special meeting, and February 6, 2019 special meeting for your review and approval.

The fourth order of business is consideration of resolution 2019-05, ratifying the sale of the bonds. A copy of the resolution is enclosed for your review and approval.

The fifth order of business is consideration of disclosure of public finance. A copy of the disclosure of public finance is enclosed for your review and approval.

The sixth order of business is consideration of requisition for directly conveyed improvements. A copy of the requisition will be provided under separate cover.

The remainder of the agenda is general in nature. Staff will present their reports at the meeting.

We look forward to seeing you at the meeting. In the meantime, if you have any questions, please do not hesitate to call us at (904) 940-5850.

Sincerely, James Perry James Perry
District Manager
Cypress Bluff Community Development District

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AGENDA

Cypress Bluff
Community Development District
Agenda

Tuesday	Duval County Southeast Regional Library February 26, 2019		10599 Deerwood Park Boulevard
1:30 p.m.	Jacksonville, Florida 32256
Call In # 1-888-850-4523 Code 322827

Call to Order

Public Comment

Approval of the Minutes
October 23, 2018 Meeting

January 9, 2019 Special Meeting

February 6, 2019 Special Meeting

Consideration of Resolution 2019-05, Ratifying the Sale of the Bonds

Consideration of Disclosure of Public Finance

Consideration of Requisition for Directly Conveyed Improvements

Selection of Audit Committee

Staff Reports
District Counsel

District Engineer

District Manager

Financials Reports
Balance Sheet and Income Statement

Check Register

Supervisor’s Requests and Audience Comments

Next Scheduled Meeting – March 26, 2019 at 1:30 p.m. at the Duval County Southeast Regional Library

Adjournment

MINUTES

A.

MINUTES OF MEETING
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

The Board of Supervisors meeting of the Cypress Bluff Community Development District was held Tuesday, October 23, 2018 at 1:30 p.m. at the Duval County Southeast Regional Library, 10599 Deerwood Park Boulevard, Jacksonville, Florida 32256.

Present and constituting a quorum were:

Richard Ray	Chairman
John Holmes	Vice Chairman
John Hewins	Supervisor
Chris Price	Supervisor

Also present were:

Ernesto Torres	District Manager
Katie Buchanan	District Counsel (by phone)
Brad Weeber	District Engineer
Michelle Rigoni	Hopping Green & Sams

FIRST ORDER OF BUSINESS	Roll Call
Mr. Torres called the meeting to order at 1:30 p.m.

SECOND ORDER OF BUSINESS	Public Comment
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Affidavit of Publication
A copy of the affidavit of publication was included in the agenda package.

FOURTH ORDER OF BUSINESS	Approval of Minutes
July 11, 2018 Meeting
Mr. Ray stated David Ray is an employee of Governmental Management Services, not The Parc Group.

On MOTION by Mr. Ray seconded by Mr. Hewins with all in favor the July 11, 2018 minutes were approved.

October 23, 2018	Cypress Bluff CDD

September 25, 2018 Meeting

On MOTION by Mr. Ray seconded by Mr. Holmes with all in favor the September 25, 2018 minutes were approved.

FIFTH ORDER OF BUSINESS	Acceptance of Minutes
September 25, 2018 Landowners Election

On MOTION by Mr. Holmes seconded by Mr. Ray with all in favor the September 25, 2018 landowners’ election minutes were accepted.

September 25, 2018 Audit Committee Meeting

On MOTION by Mr. Holmes seconded by Mr. Ray with all in favor the September 25, 2018 audit committee minutes were accepted.

SIXTH ORDER OF BUSINESS	Public Hearing to Adopt the Budget for FY
2019

On MOTION by Mr. Ray seconded by Mr. Hewins with all in favor the public hearing was opened.

Ms. Buchanan stated this is developer and landowner funded so we are not levying assessments yet. Essentially all you’re doing is adopting the budget; we just had to have 60 days between the time we initially proposed it until now. If you wanted to make changes to the budget or as we progressed through the year the budget doesn’t seem to make sense anymore, we can always do a budget amendment. The resolution that you’re considering just adopts the general fund budget that you previously reviewed. Developer is sort of a short hand for what is frequently the case. In this instance we’re actually doing landowner funding so you’re going to have various landowners all agree to contribute to the District’s general fund budget in lieu of levying special assessments. The next item we will consider is the form of agreement. We will work with David and his team to allocate the percentage of the budget based on the amount of land that they own so if you own 10% of the developable acres then you would get 10% of the budget.
Mr. Ray asked do we say in the resolution how that allocation is going to done?

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October 23, 2018	Cypress Bluff CDD

Ms. Buchanan responded the resolution only adopts the budget. What we can do is make a note that when we identify developer contributions under the revenues line on the description page we can modify that description to rather than say the District will enter into a funding agreement with the developer, we can say the District will enter into various funding agreements with multiple landowners to fund the general fund expenditures on a pro rata basis based on the ownership of developable acreage.

On MOTION by Mr. Ray seconded by Mr. Hewins with all in favor the public hearing was closed.

Consideration of Resolution 2019-01, Relating to Annual Appropriations and Adopting the Budget for Fiscal Year 2019

On MOTION by Mr. Holmes seconded by Mr. Hewins with all in favor the budget and Resolution 2019-01 were approved.

Consideration of Funding Agreements for Fiscal Year 2019
Ms. Buchanan stated the funding agreement goes through and identifies that the developer owns portions and uses the generic term developer for all of the landowners so we would use this same form for every landowner in the District. On page two in paragraph two you’ll see where the developer agrees to make available to the District a certain percentage of the monies necessary for the operation of the District as called for in the budget. Again, we anticipate that percentage will be based on the developable acreage amount that they own. The next part of that paragraph sets for a collection schedule of 40% due on November 1st and so on. In conferring with the Chairman before the meeting, it might be more practical to have less collection dates and higher percentages due so his proposed modification was 50% due on November 1st, 25% due on February 1st and 25% due on May 1st with a removal of the August 1st due date. Because this is developer/landowner funded there is the possibility we want to avoid where we over collect for the budget that we have so if you read the last two lines of this sentence it does give this ability and I would suggest that we change this to instead of July 1st April 15th so the District Manager will do an analysis by April 15th and if it appears that our projected expenses are going to be significantly less than what we anticipate collecting we will either remove or prorate the May 1st payment with the goal being that we don’t want to over

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October 23, 2018	Cypress Bluff CDD

collect and build up a large amount of excess money from the landowners. If we do amend the District’s budget, these prorations will automatically amend so we don’t have to go back and negotiate a specific amount and the District does reserve the right to file a lien on the property so if someone fails to pay their funding obligation we could put a lien on the property which would hinder their ability to sell the property.

On MOTION by Mr. Holmes seconded by Mr. Hewins with all in favor the form of funding agreement was approved in substantial form.

SEVENTH ORDER OF BUSINESS	Consideration of Agreements for Engineering
and Architectural Services
Ms. Buchanan stated you’ll recall that several months ago we called for a request for qualifications for engineering services and at the time we had two firms submit proposals, one is Connelly & Wicker and one is ETM. We intended to move forward with both on a continuing contract basis with a distinction that Connelly & Wicker would provide project specific services and ETM would serve as the District’s engineer, attend meetings, track requisitions and do the more administrative functions as well as perhaps project work so the form that you have in front of you is our standard form of agreement for engineering and it’s with Connelly & Wicker. They’ve had the opportunity to review it and it is very similar to the ones that we use at other districts. The scope of work that they will perform is on page two, preparation of reports, assist with meetings, construction drawings, site visits, processing of contractor related items and other items that you might request. Generally before they move forward with any work they will need to prepare a work authorization to submit to the Board with an estimated amount for that particular item so they will either have a fixed fee amount of a flat rate or they will do an hourly personnel rate. The engineers may be required to keep their records in place for us but all of the documents that they prepare for us will remain in our ownership. The engineer will still be an independent contractor and they are required to have insurance amounts that are consistent with the agreement in front of you. It has our standard indemnification language in it. They gave an obligation to comply with the Florida Public Records laws. The last item is the rate sheet that is attached.

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October 23, 2018	Cypress Bluff CDD

On MOTION by Mr. Ray seconded by Mr. Hewins with all in favor the agreement with Connelly & Wicker for professional engineering services was approved.

Ms. Buchanan stated I did not email Ernesto the ETM agreement. It is in substantially the same form as Connelly & Wicker but it does have a different rate sheet that is specific to ETM but I understand that rate sheet is exactly the same as the one you have already approved with your interim agreement so it’s just essentially shifting ETM from an interim engineer status that  they have been serving as since the beginning to the formality of the actual engineer.

On MOTION by Mr. Ray seconded by Mr. Holmes with all in favor the agreement with England Thims & Miller for professional engineering services was approved.

NINTH ORDER OF BUSINESS	Staff Reports
District Counsel
Ms. Buchanan stated generally the way the CDD works is that it is established, then issues bonds and then pays to build infrastructure. In this particular instance the developer has a tighter timeframe so the developer chose to move forward with constructing infrastructure, mainly the spine road and the related improvements with the understanding that once the District issues bonds we would then acquire that infrastructure from the developer and pay for it. It’s perfectly legal and happens all the time. The difference here is that the acquisition has a touch of a hiccup because it’s important to the developer to get the road platted and the plat generally, as they all do, contain dedication language so the plat automatically dedicates the roads to the City of Jacksonville and the utilities to JEA. The problem with that is almost always bond counsel requires that improvements have the CDD in the chain of ownership so it could be that the developer conveys them to the CDD and the CDD conveys them to the City of Jacksonville but in this instance it’s just not working with timing so we worked with the bond counsel of the District to come up with an alternative approach and that is resolution 2019-02 that you have in front of you. Essentially, we go through and identify our improvement plan, which you’ve all reviewed, and it has a big umbrella of the master improvements for the District. We know that because of timing the developer has already proceeded with construction of certain improvements and that they are qualified improvements

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October 23, 2018	Cypress Bluff CDD

under the improvement plan and were already obligated to pay for them under the acquisition agreement. All of this has previously been approved. What we note though, is that part of the improvements will be dedicated, conveyed and assigned to JEA and the City of Jacksonville so we’re affirming here our intent that we request the developer to go ahead and do that on our behalf as if we had actually taken ownership of it and done the conveyance our self and it’s just to shorten and compress this timeframe. I sat down with The Parc Group this morning and went through a list of the improvements. Ultimately the improvements that we intend to allow this conveyance to relate to would be water and sewer utilities, the E-Town Parkway, as well  as certain utilities that are adjacent to the Parkway but not included in the plat, and then within the right-of-way tracts on the plat, it would include improvements such as signage, streetlights, signalization, multi-use paths, irrigation, hardscape and landscape and related professional costs for all of the things that are necessary for these improvements. All of these items are included in the improvement plan. Lastly, there would also be an underground electrical system that would either be within the right-of-way plat or subject to those easements that have already been reported outside the plat.
Mr. Ray stated some of these would be acquired by the District and owned by the District, correct? Landscape for example.
Ms. Buchanan responded some of it will. There are two different types of landscape. One is the landscaping of tracts that are designated on the plat to be transferred to the developer who will then convey them to the District. There is also, as I understand,  landscaping that is within the right-of-way tract so we need to make sure we identify that as being eligible for reimbursement. So all of those improvements are what we include in the footnote to define the improvements in the resolution. The resolution itself is very short. It just says in section two that we accept, confirm and approve the actions of the developer in conjunction with one the advanced funding of the improvements, and two the dedication and that we further accept and rely on the engineer certificate. The engineer certificate is something ETM would complete and it basically makes several certifications; one that the improvements, and I’ll point out that rather than limiting these to the plat it’s going to be the plats and easements are part of the improvement plan and that they were advanced funded and caused to the constructed by the developer prior to the issuance of bonds and that the District and the developer were obligated to turn these over to JEA or the City of Jacksonville and that it is

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October 23, 2018	Cypress Bluff CDD

right and proper to do so. Essentially, it just authorizes the developer to keep their schedule and authorizes us to reimburse them for these improvements once we have bonds proceeds, which will be several months from now. There will be other steps so when we actually issue bonds  we will get a separate certificate from the engineer as to the cost of these improvements and that means that’s how much bond money will pay for. Also, as I mentioned, there are certain things on the plat that are going straight to the developer who will then eventually turn them over to the District in a separate transaction. This is just to try and address those improvements that need to be acquired by the City of Jacksonville or JEA.
Mr. Ray stated if these are just the phase one improvements we are basically just approving conceptually the process that we are going to follow, could we not do this for all phases of improvements?
Ms. Buchanan responded I like the way we’re doing it now because I can point to a plat and specific easement documents to give us containment as far as identification of the improvements that are eligible. I worry that conceptually is not going to be specific enough for Ken.
Mr. Ray asked so we will just go through this process again? Ms. Buchanan responded yes.

On MOTION by Mr. Hewins seconded by Mr. Holmes with all in favor Resolution 2019-02 was approved in substantial form.

Ms. Buchanan stated the validation hearing is set for October 31st so at that point that will start the clock where we have a 30-day appeal period so by the end of November the District will be in a place where we are allowed to proceed with bond issuance. We are still working with the underwriter and don’t expect to issue quite as early as December 1st.
District Engineer – Consideration of Work Authorization No. 3
Mr. Weeber stated I was asked to bring with me invoices from the previous month so I brought the September invoices. One for $388, that is for the interim engineer services for coming to CDD meetings, coordinating lot counts and other services to prep for the meetings. The second invoice is $97 for a work authorization for an updated improvement plan. While speaking of the improvement plan, there are some outstanding changes that have been discussed. I know there were some questions on not double-dipping with what the City

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October 23, 2018	Cypress Bluff CDD

provided credit for and we are not so I think we are approving that now so I just need to know if we are okay with the proposed changes. I am currently tracking and tallying up some of the change orders that the contractor has had so that when it does come time to issue bonds and reimburse we have all that tracked, as there have been changes since we did the improvement plan.
Mr. Torres stated in your packet should be work authorization number three and I think this is just the authorization for ETM.
Ms. Buchanan stated there is the umbrella agreement and then every action has a separate work authorization and this is just going to be a standing one for the entire year for general engineering services.

On MOTION by Mr. Ray seconded by Mr. Holmes with all in favor Work Authorization No. 3 was approved.

District Manager
There being none, the next item followed.

NINTH ORDER OF BUSINESS	Financial Reports
Balance Sheet and Income Statement
Consideration of Funding Request No. 2
Mr. Torres stated we will add the two invoices that Mr. Weeber mentioned which would bring the total to $36,326.73.

On MOTION by Mr. Ray seconded by Mr. Hewins with all in favor Funding Request No. 2 was approved.

TENTH ORDER OF BUSINESS	Supervisors’	Requests	and	Audience
Comments
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS	Next Scheduled Meeting – November 27,
2018 at 1:30 p.m. at the Duval County Southeast Regional Library
Mr. Torres stated our next meeting is going to be November 27th at 1:30.

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October 23, 2018	Cypress Bluff CDD

TWELFTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Ray seconded by Mr. Holmes with all in favor the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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B.

MINUTES OF MEETING
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

A special meeting of the Board of Supervisors of the Cypress Bluff Community Development District was held Wednesday, January 9, 2019 at 10:00 a.m. at the Duval County Southeast Regional Library, 10599 Deerwood Park Boulevard, Jacksonville, Florida 32256.

Present and constituting a quorum were:

Richard Ray	Chairman
John Holmes	Vice Chairman
John Hewins	Supervisor
Chris Price	Supervisor
Steven Grossman	Supervisor Also present were:
Jim Perry	District Manager
Katie Buchanan	District Counsel (by phone)
Brad Weeber	District Engineer
Sete Zare	MBS Capital Markets
Brett Sealy	MBS Capital Markets (by phone)
Joe Muhl	Parc Group
David Ray	Governmental Management Services
Linda Boenish	BNY Mellon Trust Company (by phone)

FIRST ORDER OF BUSINESS	Roll Call
Mr. Perry called the meeting to order at 10:00 a.m.

SECOND ORDER OF BUSINESS	Public Comment
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Consideration	of	Financing	Related
Matters
Engineer’s Report
Mr. Weeber stated this is a supplemental report updated with unit counts and areas.
Most of the other items are very similar to the original master infrastructure.
Mr. Ray stated on page eight under master amenity center, the third item says tennis courts and then fourth from the bottom it says tennis courts again. Is that just a duplication?
Mr. Weeber responded yes it’s just a duplication.

January 9, 2019	Cypress Bluff CDD

Supplemental Assessment Report
Mr. Perry stated there are some minor changes in the narrative sections of the report but the biggest change is the updating of unit counts. In section 5.4 the last paragraph was expanded to add a little more meat to that concept. Table one has the unit counts for the 2019 project and future projects. Table two is a benefit analysis of the assessment area related to this bond issue. Table three is the infrastructure cost estimates, which flows from the engineer’s report. Table four is the preliminary bond issuance that we’re anticipating for the Series 2019 bonds. Table five is the allocation of debt assessments in regards to the various parcels, and the unit counts subscribed to each of those. Table six is an overview of the par debt and debt service on a unit-by-unit basis.
Mr. Ray stated just to understand how the methodology works because we’re doing two different things here. One is we have developed parcels that have sold, they have site plans approved and we know what the unit count is. For instance, David Weekley E-2, that’s 222 units but Eastland Timber E-5 is 168 units. We’re issuing right now based on 168 units and it’s adding up into our total par. What if the final site plan comes in at 190? Do you take the par debt for that parcel and spread that difference over all of the units that are in there?
Mr. Perry responded you’d just have a reallocation.
Mr. Ray asked could we pick it up in a subsequent bond offering?
Mr. Perry responded if you are going to have more units than what we subscribed to. Ms. Zare stated then I think you would lower everyone else’s. You would reallocate.
Mr. Ray stated so if it’s lower than you have a true-up built in. Did you do the true-up based on a parcel by parcel basis or is it a global true-up for the whole bond offering?
Mr. Perry responded we did it on a global basis.
Ms. Buchanan stated I think we’re talking about that offline on how we want to do the true-up because we understand that you have projects in place and we would like to figure out a way to identify and shift true-up obligations to those specific builders.
Mr. Ray asked so if you have separate true-up agreements signed by individual landowners does that trump this section 5.5 that a true-up is done on a global basis?
Ms. Buchanan stated it’s a two-step process. First the global applies but because the builders would come online that obligation would transfer from the master developer to the builder.

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January 9, 2019	Cypress Bluff CDD

Mr. Ray asked so once we get past that the bonds are issued, we’re moving forward and somebody comes in with a revised site plan and if the unit count is lower than what’s in this offering they are bound by the true-up and if it’s higher there is a reallocation within that parcel?
Mr. Perry responded once it’s been assigned.
Mr. Ray asked so once the land is sold, it’s assigned and at that point in time if there is a change in the site plan or unit count the reallocation is going to take place just within that parcel? Or are we reallocating everything within E-Town?
Mr. Perry responded we would reallocate everything within E-Town.
Ms. Zare stated it would have to be an overall reallocation and everybody’s would
lower.
Mr. Ray asked and we couldn’t just pick it up in a subsequent bond offering? These are
estimates.
Mr. David Ray stated given that we’re using parcel numbers and the parcel encompasses everything there is no land left outside that could be picked up later.
Mr. Ray stated there are several parcels that aren’t even in this offering.
Mr. David Ray stated right but if the units increased in a particular parcel that would still be encumbered by the bond issue, wouldn’t it?
Ms. Zare responded right.
Mr. Ray stated if you have 30 more units in there you’re not getting the par value for
those.
Mr. David Ray stated what I’m saying is if we were to attempt to do that we would
have to do something other than using the real estate number and I don’t know how we would do that right now so those lands would not be encumbered to be picked up later.
Mr. Ray stated but you’re saying a reallocation doesn’t take place in that parcel, it takes place across all parcels. We will see if we can get the unit counts close.
Ms. Buchanan stated we’ve adopted the master, we’re doing the supplemental today and we will come back with actual pricing and interest but I don’t think that’s going to change philosophically what we have in the report.

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January 9, 2019	Cypress Bluff CDD

Mr. Perry stated no we will come back with a final numbers report based upon the pricing of the bonds so these numbers may change slightly but they’re not going to materially change from what you have here.
Mr. Ray asked where they could change is when the final site plans come in? Mr. Perry responded correct.
Consideration of Delegation Award Resolution 2019-03
Ms. Buchanan stated bond counsel prepares the delegation resolution and it accomplishes two general things. The first is that it sets the parameters of the bonds and the second is that it authorizes District Chairman, Vice Chairman and any necessary officer of the District to execute documents in connection with moving forward with the bond issuance. Finally, it approves certain documents like the form of the first supplemental indenture, which is the agreement between the District and the bondholders. Second, it approves the form of the contract of purchase, which is the District’s agreement with the underwriter where the underwriter agrees to purchase the bonds and then market them for the District. It approves the form of the preliminary offering statement as well as the continuing disclosure agreement, which reflects obligations of certain landowners to provide information to MSRB as to the quarterly sales.
Mr. Perry stated for supervisors that have served on previous boards, this is a standard form resolution that you have seen before in regards to bond offerings.

On MOTION by Mr. Ray seconded by Mr. Grossman with all in favor Resolution 2019-03 was approved.

Mr. Perry stated after the resolution copies of the first supplemental indenture, preliminary limited offering memorandum, bond purchase agreement and continuing  disclosure agreement are enclosed in your agenda package. These are exhibits to the resolution and are approved in substantial form.
Ms. Buchanan stated I was trying to find the interest rate parameters. I see the resolution sets forth the maximum amount of $12 million for the bonds. I assume the interest rate is as authorized by law?
Ms. Zare responded correct, maximum allowable.

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January 9, 2019	Cypress Bluff CDD

FOURTH ORDER OF BUSINESS	Supervisors’	Requests	and	Audience
Comments
There being none, the next item followed.

FIFTH ORDER OF BUSINESS	Next Scheduled Meeting – January 22, 2019
at 1:30 p.m. at the Duval County Southeast Regional Library
Mr. Perry stated our next meeting is going to be January 22nd at 1:30 at this location.

SIXTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Hewins seconded by Mr. Holmes with all in favor the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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C.

MINUTES OF MEETING
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

A special meeting of the Board of Supervisors of the Cypress Bluff Community Development District was held Wednesday, February 6, 2019 at 1:00 p.m. at the Duval County Southeast Regional Library, 10599 Deerwood Park Boulevard, Jacksonville, Florida 32256.

Present and constituting a quorum were:

Richard Ray	Chairman
John Holmes	Vice Chairman
John Hewins	Supervisor
Chris Price	Supervisor
Steven Grossman	Supervisor Also present were:
Jim Perry	District Manager
Katie Buchanan	District Counsel
Brad Weeber	District Engineer
Sete Zare	MBS Capital Markets
Brett Sealy	MBS Capital Markets
Misty Taylor	Bryant, Miller, Olive
Cynthia Wilhelm	Nabors, Giblin & Nickerson
Joe Muhl	Parc Group
David Ray	Governmental Management Services
Thomas Radicioni	BNY Mellon Trust Company

FIRST ORDER OF BUSINESS	Roll Call
Mr. Perry called the meeting to order at 1:00 p.m.

SECOND ORDER OF BUSINESS	Public Comment
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Consideration	of	Financing	Related
Matters
Resolution 2019-04, Equalizing and Levying Special Assessments
Ms. Sealy stated as the Board may recall you had previously approved the delegation resolution, which authorized my firm to mail an offering document and price the bonds pursuant to certain parameters. We’re very pleased to have been able to price the bonds with very aggressive terms so we will walk you through the bond sizing, which is included in your

February 6, 2019	Cypress Bluff CDD

agenda package. The District is issuing $11,565,000 in principal amount of bonds, which is generating approximately $10,782,000 in construction proceeds. We were able to structure the bonds with a reduced reserve requirement. In a lot of transactions like this, the reserve fund requirement is equal to one year’s principal and interest but we were able to structure a reserve fund requirement of one half year’s principal and interest, which provides for additional construction proceeds to construct the capital improvement program. The other uses of funds include cost of issuance and an underwriter’s discount consistent with the agreement that my firm has entered into with the District. The average interest rate on the bonds is 4.97%. We structured the bonds with four separate term bonds to take advantage of lower rates along earlier portions of the yield curve. We structured a 5, 10, 20 and 30-year bond and the interest rates were at 3.75%, 4.125%, 4.90% and 5.10% respectively for the maturities, which again resulted in an average interest rate of 4.97%. Regardless of the structuring of the four terms the bonds are structured with annual level debt service. The bonds were all priced at par without original issue discount. As you may recall, as part of our discussion throughout this process, a portion of the construction proceeds are held separately in certain sub accounts and will be release upon the closing of the three parcels that are currently subject to contracts and to the extent those parcels don’t close, those proceeds together with applicable proceeds in the reserve fund will be used to call bonds. At the closing scheduled for tomorrow the amount of construction proceeds that will be made available is approximately $6.2 million with the remaining $4.75 million in construction proceeds escrowed until such time as the three contracted parcels close.
Mr. Ray asked we did the third contracted parcel in escrow also? Ms. Zare stated right, we did all three.
Mr. Sealy stated we’re happy to answer any questions. The deal is priced very aggressively from a spread, term and rate perspective.
Mr. Ray asked and the escrow is released by parcel? Mr. Sealy stated correct.
Mr. Ray asked do you remember with parcel number three what the escrow breakdown was of the $4.5 million?
Mr. Sealy stated about $900,000.
Mr. Ray asked when that happens is there anything special we’re going to need to do?

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February 6, 2019	Cypress Bluff CDD

Ms. Buchanan stated just notify the trustee that it’s happening.
Mr. Perry stated the methodology has been provided previously and the methodology included in your agenda package just updates with the final numbers reflective of the pricing. As Brett said, it’s $11,565,000 worth of bond debt. Table five shows the allocation in regards to the various parcels within the District and their owners. Table six shows what the debt service assessments will be and the debt allocated to the different product types and it also includes the assessments grossed up for the collections here in Duval County for the early payment discount and collection fees by the County.
Ms. Buchanan stated just a reminder; the project is very similar to the master project. We’re just funding a portion of the master project as opposed to specific improvements within the master project. With resolution 2019-04 we are confirming the terms of the bonds and approving the engineer’s report and the assessment methodology. We are adopting and incorporating the rates of interest and maturity, which is on exhibit B. We are incorporating the sources and uses of the funds as well as adopting the debt service schedule for the assessments in the bonds. By way of adopting and incorporating the assessment methodology we are then allocating the assessments on the property. Just a reminder; these assessments are allocated on certain folios within the District as compared to a gross acreage basis so all the different folios know what their pot of money is. Section six approves the true-up process and we have a true- up agreement with the master developer and we are in the process of finalizing true-up agreements with all of the builders. Section seven authorizes District staff to establish a lien book and section eight and nine reincorporate prior assessment resolutions and authorize the District to file a master assessment notice over the property so that when future purchasers buy homes and lands they will be aware these assessments are on their property.
Mr. Ray asked do you remember how they are trueing up?
Ms. Buchanan stated there are two levels. It’s either a comparison of what the debt is at the time of issuance or if they are platting completely it compares to anticipated units.

On MOTION by Mr. Ray seconded by Mr. Hewins with all in favor Resolution 2019-04 was approved.

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February 6, 2019	Cypress Bluff CDD

Completion Agreement
Ms. Buchanan stated we’re only funding a portion of the master CIP so there is an obligation on the behalf of the developer that should the bond proceeds, whether it be this series and a future series or whether only this series, in total wouldn’t be enough to finish the project the developer would have the obligation to come in and finish the master CIP, which is a very limited set of improvements. It would mostly be improvements to the E-Town Parkway and the amenity center.

On MOTION by Mr. Ray seconded by Mr. Hewins with all in favor the completion agreement was approved.

Collateral Assignment of Development Rights
Ms. Buchanan stated the next item is your collateral assignment and assumption of development rights. In the instance that the landowner should default on the payment of special assessments this is one of the tools the District has to ensure we can take security of the property, which is the land, and then have the valuable asset with development rights attached to it that we may need to sell to a third party to then repay the bonds. It’s not effective unless and until there is an event of default on the assessments and in this particular case it’s unique because we do have the landowner, who is subject to the assessments, and the developer, who is not subject to the assessments but potentially has overlapping development rights; both jointly and separately liable under this agreement.

On MOTION by Mr. Ray seconded by Mr. Grossman with all in favor the collateral assignment of development rights was approved.

True-Up Agreement
Ms. Buchanan stated the next agreement is the true-up agreement between Eastland Timber, the landowner entity and the District. If we don’t collect sufficient assessments on the property because of lower or less dense development then we won’t have enough assessments to secure the debt service on the bonds. This is an agreement that obligates the landowner to come to the District with updates on their development plans and if they are going to be short

4

February 6, 2019	Cypress Bluff CDD

in what we anticipated to collect from the folios, this requires them to make a true-up payment to bridge the gap between what they actually developed and what we anticipated they would develop. As we mentioned, this is with the landowner entity. We are working to get the builder ones finalized as well.
Mr. Ray asked as the builder true-ups are finalized does the District release Eastland?
Ms. Buchanan stated I imagine that Eastland would assign this to the purchasers and then they would be released from liability.

On MOTION by Mr. Ray seconded by Mr. Hewins with all in favor the true-up agreement was approved.

Declaration of Consent
Ms. Buchanan stated this is just a document we have signed by the landowners that confirms that they don’t challenge or have any objections to the assessments that are in place, or to the overall existence of the District in acknowledging that their land is subject to special assessments. We are having the builders sign these as well.

On MOTION by Mr. Ray seconded by Mr. Grossman with all in favor the declaration of consent was approved.

Ms. Buchanan stated we are pre-closing immediately after the meeting and we expect  to have funds available tomorrow. We’re working with the developer to finalize the first acquisition, which would be our first payout, for improvements that are already in place.

FOURTH ORDER OF BUSINESS	Approval of Funding Request No. 3
Mr. Perry stated funding request number three is included in your package totaling
$23,44.24.

On MOTION by Mr. Grossman seconded by Mr. Holmes with all in favor funding request number three was approved.

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February 6, 2019	Cypress Bluff CDD

FIFTH ORDER OF BUSINESS	Consideration	of	Work	Authorizations
from Connelly & Wicker, Inc. and Basham & Lucas Design Group, Inc. for Amenity Civil Engineering and Architectural Design
Mr. Perry stated these were added to the agenda in the last day or so for Board approval.
Mr. Ray stated the work authorization from Connelly & Wicker is for the design of the amenity center.

On MOTION by Mr. Ray seconded by Mr. Holmes with all in favor work authorization CWI-01 from Connelly & Wicker was approved.

Mr. Ray stated we have a second proposal from Basham & Lucas for concept design  for the amenity area. There are sixteen different components from construction administration to engineering documents to grading.

On MOTION by Mr. Ray seconded by Mr. Grossman with all in favor the proposal from Basham & Lucas was approved.

SIXTH ORDER OF BUSINESS	Supervisors’	Requests	and	Audience
Comments
There being none, the next item followed.

SEVENTH ORDER OF BUSINESS	Next Scheduled Meeting – February 26,
2019 at 1:30 p.m. at the Duval County Southeast Regional Library
Mr. Perry stated our next meeting is going to be February 26th at 1:30 at this location.

EIGHTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Holmes seconded by Mr. Ray with all in favor the meeting was adjourned.

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February 6, 2019	Cypress Bluff CDD

Secretary/Assistant Secretary	Chairman/Vice Chairman

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FOURTH ORDER OF BUSINESS

RESOLUTION 2019-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT RATIFYING, CONFIRMING, AND APPROVING THE SALE OF THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2019; RATIFYING, CONFIRMING, AND APPROVING THE ACTIONS OF THE CHAIRMAN, VICE CHAIRMAN, TREASURER, SECRETARY, ASSISTANT SECRETARIES, AND ALL DISTRICT STAFF REGARDING THE SALE AND CLOSING OF THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2019; DETERMINING SUCH ACTIONS AS BEING IN ACCORDANCE WITH THE AUTHORIZATION GRANTED BY THE BOARD; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Cypress Bluff Community Development District (“District”), is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, the District previously adopted resolutions authorizing the issuance and sale of bonds within the scope of Chapter 190, Florida Statutes, including its $11,565,000 Cypress Bluff Community Development District (City of Jacksonville, Florida) Special Assessment Bonds, Series 2019 (“Series 2019 Bonds”); and

WHEREAS, the District closed on the sale of the Series 2019 Bonds on February 7, 2019; and

WHEREAS, as prerequisites to the issuance of the Series 2019 Bonds, the Chairman, Vice Chairman, Treasurer, Assistant Secretaries, and District Staff including the District Manager/Assessment Consultant, and District Counsel were required to execute and deliver various documents (“Closing Documents”); and

WHEREAS, the District desires to ratify, confirm, and approve all actions of  the District Chairman, Vice Chairman, Treasurer, Assistant Secretaries, and District Staff in closing the sale of the Series 2019 Bonds.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The sale, issuance, and closing of the Series 2019 Bonds is in the best interests of the District.

SECTION 2. The issuance and sale of the Series 2019 Bonds, the adoption of resolutions relating to such bonds, and all actions taken in the furtherance of the closing on such

1

bonds, are hereby declared and affirmed as being in the best interests of the District and are hereby ratified, approved, and confirmed.

SECTION 3. The actions of the Chairman, Vice Chairman, Treasurer, Secretary, Assistant Secretaries, and all District Staff in finalizing the closing and issuance of the Series 2019 Bonds, including the execution and delivery of the Closing Documents, and such other certifications or other documents required for the closing on the Series 2019 Bonds, are determined to be in accordance with the prior authorizations of the Board and are hereby ratified, approved, and confirmed in all respects.

SECTION 4. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 5. This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.
PASSED AND ADOPTED this 		day of 	, 2019. ATTEST:	CYPRESS BLUFF COMMUNITY
DEVELOPMENT DISTRICT

Secretary	Chairperson, Board of Supervisors

2

FIFTH ORDER OF BUSINESS

Upon recording, this instrument should be returned to:

(This space reserved for Clerk)

Cypress Bluff Community Development District c/o Governmental Management Services, LLC 475 West Town Place, Suite 114
St. Augustine, Florida 32902

DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

Board of Supervisors1

Cypress Bluff Community Development District

Richard Ray Chairperson

John Holmes Vice Chairperson

John Hewins Assistant Secretary

Steve Grossman Assistant Secretary

Chris Price Assistant Secretary

Governmental Management Services, LLC District Manager
475 West Town Place, Suite 114 St. Augustine, Florida 32902 (904) 940-5850

District records are on file at the offices of the District Manager, as listed above, and at the Local
Records  Office  at 	,  and  are  available  for  public
inspection upon request during normal business hours.

1 This list reflects the composition of the Board of Supervisors as of February 1, 2019.
For a current list of Board Members, please contact the District Manager’s office.

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TABLE OF CONTENTS
Introduction	3
What is the District and how is it governed?	4
What infrastructure improvements does the District provide
and how are the improvements funded?	5
Assessments, Fees and Charges	7
Method of Collection	8

2

CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT INTRODUCTION
The Cypress Bluff Community Development District (“District”) is a local unit of special-purpose government created pursuant to and existing under the provisions of Chapter 190, Florida Statutes. Under Florida law, community development districts are required to take affirmative steps to provide for the full disclosure of information relating to the public financing and maintenance of improvements to real property undertaken by such districts. Unlike city and county governments, the District has only certain limited powers and responsibilities. These powers and responsibilities include, for example, construction and/or acquisition, as well maintenance, of the following improvements: transportation improvements, water and sewer improvements, stormwater management system, recreational improvements, hardscape, landscape and other related public infrastructure.

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DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

Under Florida law, community development districts are required to take affirmative steps to provide for the full disclosure of information relating to the public financing and maintenance of improvements to real property undertaken by such districts. The law specifically provides that this information shall be made available to all persons currently residing within the District and to all prospective District residents. The following information describing the District and the assessments, fees and charges that may be levied within the District to pay for the financing and maintenance of certain community infrastructure is provided to fulfill this statutory requirement.

What is the District and how is it governed?

The District is an independent special taxing district, created pursuant to and existing under the provisions of Chapter 190, Florida Statutes (“Act”), and established by Ordinance No. 2018-335-E enacted by the City Council of the City of Jacksonville, Florida, which was effective on June 29, 2018. The District encompasses 1,249.7 acres of land located entirely within the boundaries of the City of Jacksonville (“City”) and Duval County, Florida (“County”). As a local unit of special-purpose government, the District provides an alternative means for planning, financing, constructing, operating and maintaining various public improvements and community facilities within its jurisdiction.

The District is governed by a five-member Board of Supervisors (“Board”), the members of which must be residents of the State and citizens of the United States. Within ninety
(90) days of appointment of the initial board, members were elected on an at-large basis by the owners of property within the District, each landowner being entitled to one vote for each acre of land with fractions thereof rounded upward to the nearest whole number. Elections are then held every two years in November. Commencing at such time as the following two conditions have been satisfied: i) six years have passed from the date of the initial appointment of Supervisors and ii) a minimum of two hundred fifty (250) qualified electors reside within the District, Supervisors whose terms are expiring will begin to be elected by qualified electors of the District. A “qualified elector” in this instance is any person at least eighteen (18) years of age who is a citizen of the United States, a legal resident of Florida and of the District, and who is also registered with the Supervisor of Elections to vote in the County. Notwithstanding the foregoing, if at any time the Board proposes to exercise its ad valorem taxing power, it shall, prior to the exercise of such power, call an election at which all members of the Board shall be elected by qualified electors of the District.

Board meetings are noticed in a local newspaper and conducted in a public forum in which public participation is permitted. Consistent with Florida’s public records laws, the records of the District are available for public inspection during normal business hours. Elected members of the Board are similarly bound by the State’s open meetings law and are generally subject to the same disclosure requirements as other elected officials under the State’s ethics laws.

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What infrastructure improvements does the District provide and how are the improvements funded?

The District is comprised of approximately 1,249.7 acres located entirely within the City. The legal description of the lands encompassed within the District is attached hereto as Exhibit “A.” The public infrastructure necessary to support the District’s development program  includes, but is not limited to: E-Town Parkway/R.G. Skinner Parkway utilities, landscape, hardscape and electric, master recreation improvements, and other related public infrastructure. These infrastructure improvements are more fully detailed below. To plan the infrastructure improvements necessary for the District and prior to the issuance of the Series 2019 Bonds, defined herein, the District adopted an Improvement Plan dated July 30, 2018, as supplemented by the Supplemental Engineer’ s Report for the Series 2019 Capital Improvements, dated January 2019 (together, “Engineer’s Report”). The Engineer’s Report provides a basic description of all of the improvements contemplated for the completion of the infrastructure of the District and detailed information on the improvements in the Series 2019 Project (“Capital Improvement Plan”). Copies of the Engineer’s Report are available for review in the District’s public records.

These public infrastructure improvements have been and will be partially funded by the District’s sale of bonds. On October 31, 2018, the Circuit Court of the State of Florida, in and  for Duval County, Florida, entered a Final Judgment validating the District’s ability to issue an aggregate principal amount not to exceed $96,000,000 in Special Assessment Bonds for infrastructure needs of the District.

On February 7, 2019, the District issued a series of bonds for purposes of partially financing the design, construction and acquisition costs of engineering plans, permits and infrastructure for the Capital Improvement Plan (“Series 2019 Project”). On that date, the District issued its Cypress Bluff Community Development District, Special Assessment Bonds, Series 2019, in the amount of $11,565,000 (“Series 2019 Bonds”). Proceeds of the Series 2019 Bonds are being used to finance the cost of a portion of the acquisition, construction, installation, and equipping of the Series 2019 Project, defined herein.

OWN PKWY/R.G. SKINNER PKWY IMPROVEMENTS

The District presently intends to finance and construct certain transportation facilities within and without the boundaries of the District, consistent with Chapter 190, Florida Statutes. E-Town Parkway/R.G. Skinner Parkway is a collector road that will be extending north-south direction through the District. E-Town Parkway will extend from the existing interchange at SR- 9B to the existing R.G. Skinner Parkway terminus at Atlantic Coast High School, with the road name changing from E-Town Parkway to R.G. Skinner Parkway at the intersection just southerly of the existing R.G. Skinner Parkway terminus.

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Ancillary Roadway Infrastructure

The majority of roadway right-of-way, survey, engineering, permitting, and construction costs of E-Town Parkway/R.G. Skinner Parkway will not be funded by the District. However, certain infrastructure within and adjacent to the E-Town Parkway/R.G. Skinner Parkway right- of-way may be funded, designed and constructed by the District. These improvements may include (but are not limited to) ancillary roadway infrastructure such as multi-use paths, utilities, landscape and irrigation, hardscape and signage, electric and lighting, and future signalized intersections. Once completed, E-Town Parkway/R.G. Skinner Parkway will be owned and maintained by the City.

Utilities

The entirety of the District will be provided with potable water, sanitary sewer, and reuse water services by the Jacksonville Electric Authority (“JEA”) utility system. The District presently intends to fund and construct certain master utility facilities within and adjacent to the District boundary. These facilities include the transmission (trunk) water main and sewer main (forcemain). These mains are located within the right of way of E-Town Parkway/R.G. Skinner Parkway. There may also be gravity sewer crossings installed under E-Town Parkway/R.G. Skinner Parkway to serve future neighborhoods that will share pump stations. The reuse transmission (trunk) main will also run along R.G. Skinner Parkway, however, will not be funded by the District.

To serve the development per the JEA utility service agreement, the construction of a booster pump station is required. The District may fund, design, and construct all or part of this booster pump station. The master utility improvements will be designed and constructed in accordance with JEA standards and will be owned and maintained by JEA upon dedication.

Landscape and Irrigation

The District may fund and construct the landscape, sod, planting, berm, irrigation and other decorative features along E-Town Parkway/R.G. Skinner Parkway. The irrigation system may include JEA reuse refill stations that will discharge into stormwater ponds adjacent to E- Town Parkway/R.G. Skinner Parkway and irrigation pump station that will pump from those ponds. The District may fund and construct landscape and irrigation costs along the entire length of E-Town Parkway/R.G. Skinner Parkway, including those areas outside of the District’s boundary. It is anticipated that these improvements will be maintained by the District.

Hardscape and Signage

The District may fund and construct hardscape features within and adjacent to the E- Town Parkway/R.G. Skinner Parkway right-of-way. Features may include, but are not limited to, signage and entry features, masonry walls, fencing, etc. It is anticipated that these improvements will be maintained by the District.

6

Electric and Lighting

The electric distribution system thru the District is currently planned to be underground. The District presently intends to fund and construct the electric conduit, transformer/cabinet pads, and electric manholes required by JEA electric. Electric facilities will be owned and maintained by JEA after dedication.

The District presently intends to fund the cost to purchase and install the roadway lighting along E-Town Parkway/R.G. Skinner Parkway. These lights will be owned, operated and maintained by the City after dedication.

MASTER RECREATIONAL IMPROVEMENTS

The District may finance and construct a master amenity center located near the middle of the District’s boundary. This amenity center is planned to be the largest within the District and serve most of the neighborhoods within the District. The basic components of this facility may include, but is not limited to:

Clubhouse
Fitness equipment
Tennis Courts
Bathrooms and locker area
Pool(s)
Playground equipment
Barbeque grills and picnic tables

Parking
Landscape, irrigation, hardscape and lighting
Dog park
Tennis courts
Trails
Ball fields
Soccer fields

Assessments, Fees and Charges

A portion of the master infrastructure improvements identified in the Capital Improvement Plan have been or will be financed by the District through the sale of its Series 2019 Bonds. The amortization schedules for the Series 2019 Bonds are available in the District’s public records. The annual debt service obligations of the District must be defrayed by annual assessments on benefited property. Copies of the District’s Master Special Assessment Methodology Report, dated August 20, 2018, and Supplemental Assessment Methodology Report for the Special Assessment Bonds Series 2019, dated February 6, 2019 (together, “Assessment Methodology”), are available for review in the District’s public records.

The Series 2019 Bonds and associated interest are payable solely from and secured by non-ad valorem special assessments levied against those lands within the “Series 2019 Assessment Area” of the District, as further described in Exhibit “B” attached hereto, that benefit from the design, construction, and/or acquisition and operation of the Series 2019 Project (“Series 2019 Debt Assessments”). The Series 2019 Debt Assessments are typically billed in the same manner as are county ad valorem taxes but may be billed directly by the District. The Series 2019 Debt Assessments are levied in accordance with the Assessment Methodology and

7

represent an allocation of the costs of the Series 2019 Project to those lands within the District benefiting from the Series 2019 Project.

The Series 2019 Debt Assessments described above exclude any operations and maintenance assessments (“O&M Assessments”) which may be determined and calculated annually by the Board and are levied against all benefitted lands in the District. A detailed description of all costs and allocations which result in the formulation of assessments, fees, and charges is available for public inspection upon request.

The Capital Improvement Plan and financing plan of the District as presented herein reflect the District’s current intentions, and the District expressly reserves the right in its sole discretion to change those plans at any time. Additionally, the District may undertake the construction, reconstruction, acquisition, or installation of future improvements and facilities, which may be financed by bonds, notes, or other methods authorized by Chapter 190, Florida Statutes.

Method of Collection

Except as discussed above, the Series 2019 Debt Assessments and/or O&M Assessments may appear on that portion of the annual real estate tax notice entitled “non-ad valorem assessments,” and will be collected by the County Tax Collector in the same manner as county ad valorem taxes. Each property owner must pay both ad valorem and non-ad valorem assessments at the same time. Property owners will, however, be entitled to the same discounts as provided for ad valorem taxes. As with any tax notice, if all taxes and assessments due are not paid within the prescribed time limit, the tax collector is required to sell tax certificates which, if not timely redeemed, may result in the loss of title to the property. The District may also elect to collect the assessment directly.

This description of the District’s operation, services and financing structure is intended to provide assistance to landowners and purchasers concerning the important role that the District plays in providing infrastructure improvements essential to the use and development of this community. If you have any questions or would simply like additional information about the District, please write to or call the: District Manager, Cypress Bluff Community Development District, 475 West Town Place, Suite 114, St. Augustine, Florida 32902, Ph: (904) 940-5850.

The information provided herein is a good faith effort to accurately and fully disclose information regarding the public financing and maintenance of improvements to real property undertaken by the District and should only be relied upon as such. The information contained herein is, and can only be, a status summary of the District’s public financing and maintenance activities and is subject to supplementation and clarification from the actual documents and other sources from which this information is derived. In addition, the information contained herein may be subject to change over time, in the due course of the District’s activities and in accordance with Florida law. Prospective and current residents and other members of the public should seek confirmation and/or additional information from the District Manager’s office with regard to any questions or points of interest raised by the information presented herein.

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IN WITNESS WHEREOF, this Disclosure of Public Financing and Maintenance of Improvements to Real Property Undertaken by the Cypress Bluff Community Development District has been executed as  of the 	day of 	, 2019, and recorded in the Official Records of Duval County, Florida.

CYPRESS BLUFF COMMUNITY
DEVELOPMENT DISTRICT

Richard Ray
Chairperson, Board of Supervisors

Witness	Witness

Print Name	Print Name

STATE OF FLORIDA COUNTY OF  	

The	foregoing	instrument	was	acknowledged	before	me	this	 		day	of
 	, 2019, by Richard Ray, Chairperson of the Cypress Bluff Community  Development  District,  who  is  personally  known  to  me  or  who  has  produced
 	  as identification, and did [ ] or did not [  ] take the  oath.

Notary Public, State of Florida

Print Name: 		 Commission No.: 	  My Commission Expires:  	

9

EXHIBIT A

10

11

12

13

EXHIBIT B

14

15

16

17

18

NINTH ORDER OF BUSINESS

A.

Cypress Bluff
Community Development District
Unaudited Financial Reporting January 31, 2019

Cypress Bluff Community Development District
Combined Balance Sheet
January 31, 2019

General

Assets:
Cash	$10,864
Due From Developer	$23,444
Prepaid Expenses	-­‐-­‐-­‐

Total Assets	$34,309

Liabilities:
Accounts Payable	$34,178
Due to Debt Service	-­‐-­‐-­‐
Fund Balances:
Restricted for Debt Service	-­‐-­‐-­‐
Unassigned	$131

Total Liabilities and Fund Equity	$34,309

Page 1

Cypress Bluff
Community Development District Statement of Revenues & Expenditures For The Period Ending January 31, 2019

ADOPTED	PRORATED
BUDGET	
ACTUAL		
Description	BUDGET	THRU 1/31/19	THRU 1/31/19	VARIANCE	

Revenues:					
Developer Contrubutions	$116,675	$33,265	$33,265	$0	
Miscellaneous Income	$0	$0	$0	$0	
Total Revenues	$116,675	$33,265	$33,265	$0	

Expenditures					
Administrative					
Supervisor Fees	$0	$0	$1,800	($1,800)	
FICA Expense	$0	$0	$122	($122)	
Engineering	$15,000	$5,000	$4,423	$577	
Arbitrage	$600	$200	$0	$200	
Dissemination Agent	$3,500	$1,167	$0	$1,167	
Attorney	$20,000	$6,667	$4,189	$2,478	
Annual Audit	$5,000	$1,667	$0	$1,667	
Trustee Fees	$4,000	$1,333	$0	$1,333	
Management Fees	$45,000	$15,000	$15,000	$0	
Construction Accounting	$3,500	$1,167	$0	$1,167	
Information Technology	$1,200	$400	$400	$0	
Telephone	$300	$100	$0	$100	
Postage	$1,500	$500	$0	$500	
Printing & Binding	$1,000	$333	$834	($501)	
Insurance	$5,800	$5,800	$5,000	$800	
Legal Advertising	$4,000	$1,333	$979	$354	
Other Current Charges	$600	$200	$115	$85	
Office Supplies	$1,000	$333	$0	$333	
Dues, Licenses & Subscriptions	$175	$175	$175	$0	
Website design/compliance	$4,500	$1,500	$0	$1,500	
Total Expenditures	$116,675	$42,875	$33,037	$9,838	
					
Excess Revenues/Expenses	$0		$228		
					
Fund Balance -­‐ Beginning	$0		($97)		
					
Fund Balance -­‐ Ending	$0		$131		

Cypress Bluff
Community Development District General Fund
Month By Month Income Statement

	
October	
November	
December	
January	
February	
March	
April	
May		
June	
July	
August		
September	Total	
Revenues:
Developer Contributions	
$18,595	
$0	
$14,670	
$0	
$0	
$0		
$0	
$0	
$0		
$0	
$0	
$0	$33,265	
Miscellaneous Income	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Total Revenues	$18,595	$0	$14,670	$0	$0	$0		$0	$0	$0		$0	$0	$0	$33,265	

Expenditures:															
Administrative
Supervisor Fees	
$800	
$0	
$0	
$1,000	
$0	
$0		
$0	
$0	
$0		
$0	
$0	
$0	$1,800	
FICA Expense	$61	$0	$0	$61	$0	$0		$0	$0	$0		$0	$0	$0	$122	
Engineering	$789	$411	$3,224	$0	$0	$0		$0	$0	$0		$0	$0	$0	$4,423	
Arbitrage	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Dissemination Agent	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Attorney	$3,801	$388	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$4,189	
Annual Audit	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Trustee Fees	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Management Fees	$3,750	$3,750	$3,750	$3,750	$0	$0		$0	$0	$0		$0	$0	$0	$15,000	
Construction Accounting	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Information Technology	$100	$100	$100	$100	$0	$0		$0	$0	$0		$0	$0	$0	$400	
Telephone	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Postage	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Printing & Binding	$527	$250	$0	$57	$0	$0		$0	$0	$0		$0	$0	$0	$834	
Insurance	$5,000	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$5,000	
Legal Advertising	$722	$0	$173	$85	$0	$0		$0	$0	$0		$0	$0	$0	$979	
Other Current Charges	$21	$50	$21	$22	$0	$0		$0	$0	$0		$0	$0	$0	$115	
Office Supplies	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Dues, Licenses & Subscriptions	$175	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$175	
Website design/compliance	$0	$0	$0	$0	$0	$0		$0	$0	$0		$0	$0	$0	$0	
Total Expenditures	$15,746	$4,949	$7,268	$5,075	$0	$0		$0	$0	$0		$0	$0	$0	$33,037	
															
Excess Revenues (Expenditures)	$2,849	($4,949)	$7,403	($5,075)	$0	$0		$0	$0	$0		$0	$0	$0	$228	

B.

Cypress Bluff
Community Development District

Check Run Summary
January 31, 2019

Fund	Date	Check No.	Amount

Payroll
$	-­‐

Subtotal	 $	-     ­   ‐	

General Fund		
	1/4/19	11	$	25.00	
	1/10/19	12-­‐19	$	7,986.88	
	1/25/19	20-­‐25	$	17,103.28	
Subtotal	  $	25,115.16 	
Total	$	25,115.16	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/14/19	PAGE	1
*** CHECK DATES 01/01/2019 - 01/31/2019 ***	CYPRESS BLUFF-GENERAL FUND
BANK A CYPRESS BLUFF CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
1/04/19 00004	10/01/18 72982B	201810 310-51300-49000	*	25.00
FY19 DISTRICT FEE
DEPARTMENT OF ECONOMIC OPPORTUNITY	25.00 000011
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/10/19 00006	11/07/18 188745	201810 310-51300-31100	*	788.54
OCT PROFESSIONAL SERVICES
ENGLAND, THIMS & MILLER, INC.	788.54 000012
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/10/19 00006	8/09/18 187933	201807 310-51300-31100	*	1,390.50
JUL PROFESSIONAL SERVICES
ENGLAND, THIMS & MILLER, INC.	1,390.50 000013
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/10/19 00006	8/10/18 187962	201807 310-51300-31100	*	485.00
JUL PROFESSIONAL SERVICES
ENGLAND, THIMS & MILLER, INC.	485.00 000014
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/10/19 00006	9/07/18 188153	201808 310-51300-31100	*	873.00
AUG PROFESSIONAL SERVICES
ENGLAND, THIMS & MILLER, INC.	873.00 000015
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/10/19 00006	9/07/18 188188	201808 310-51300-31100	*	4,179.90
AUG PROFESSIONAL SERVICES
ENGLAND, THIMS & MILLER, INC.	4,179.90 000016
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/10/19 00006	10/12/18 188539	201809 310-51300-31100	*	97.00
SEP PROFESSIONAL SERVICES
ENGLAND, THIMS & MILLER, INC.	97.00 000017
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/10/19 00002	12/11/18 18-09581 201812 310-51300-48000	*	88.13
NOTICE OF MEETING 12/18
JACKSONVILLE DAILY RECORD	88.13 000018
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/10/19 00002	12/27/18 18-10367 201812 310-51300-48000	*	84.81
NOTICE MEETING 1/9/19
JACKSONVILLE DAILY RECORD	84.81 000019
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/25/19 00005	8/03/18 2	201807 310-51300-34000	*	2,540.37
JUL PRORATED MANAGEMENT
GOVERNMENTAL MANAGEMENT SERVICES	2,540.37 000020
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/25/19 00005	8/01/18 3	201808 310-51300-34000	*	3,750.00
AUG MANAGEMENT FEES
GOVERNMENTAL MANAGEMENT SERVICES	3,750.00 000021
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/25/19 00007	7/31/18 101892	201806 310-51300-31500	*	2,720.00
JUN GENERAL COUNSEL
HOPPING GREEN & SAMS	2,720.00 000022
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CYBL -CYPRESS BLUF' HSMITH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/14/19	PAGE	2
*** CHECK DATES 01/01/2019 - 01/31/2019 ***	CYPRESS BLUFF-GENERAL FUND
BANK A CYPRESS BLUFF CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
1/25/19 00007	8/31/18 102459	201807 310-51300-31500	*	4,588.87
JUL GENERAL COUNSEL
HOPPING GREEN & SAMS	4,588.87 000023
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/25/19 00007	9/26/18 102905	201808 310-51300-31500	*	3,419.23
AUG GENERAL COUSEL
HOPPING GREEN & SAMS	3,419.23 000024
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/25/19 00002	1/25/19 19-00868 201901 310-51300-48000	*	84.81
SPECIAL MEETING 2/6/19
JACKSONVILLE DAILY RECORD	84.81 000025
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

TOTAL	FOR	BANK A	25,115.16	
TOTAL	FOR	REGISTER	25,115.16	

CYBL -CYPRESS BLUF' HSMITH

Florida Department of Economic Opportunitv, Special District Accountability Program
Requirad bySections 18F9Y.062041a8n/d2011899S.0p1e8c, iFalloDriidsatSricttatFueteesI,navnodicCehaanpdteUr 7p3dCat-e24F,eFnnlorida Administrative Code

Invoice No.: 72982	I
Annual Fee: $175:00.ll,2.5",01 Late Fee: $0.00

I
·1 Received: $0.00

I	Date  Invoiced:  10/01/2018
I	Total  Due. Postmarked bv  12/03/2018: $175.00

STEP 1: Review the following information, make changes directly on the form, and sign and date:
1.. Special District's Name, Registered Agent's Name, and Registered Office Address:

Telephone:
Fax:
Email:
Status:

Cypress Bluff Community Development District Ms. Katie Buchanan
Hopping Green and Sams, P.A.
119 South Monroe Street/;.,,h 36D Tallahassee, FL 32301 v

v

(850) 222-7500 v'
(850) 224-8551
katieb@hgslaw.com ✓
Independent✓

FLORIDA DEPARTMENTef ECONOMIC OPPORTUNITY

Governing Body:
Website Address:
County(ies):
Function(s):
Boundary Map on File:
Creation Document on File:
Dale Established:
Creation Method:
Local Governing Authority:
Creation Document(s):
Statutory Authority:
Authority to Issue Bonds:
Revenue Source(s):
Most Recent Update:

Elected✓ cypressbluffcdd.comv
Duval ,iF
Community Development✓ 07/16/2018
07/16/2018
06/29/2018 v
Local Ordinanceif City of Jacksonville v
City Ordinance 2018-335-E✓
Chapter 190, FloridaStatutes✓ Yes\/
Assessments J
07/16/2018

.

I do hereby certify that the lnfonmation above (changes noted If necessary) is accurate and complete as of this date. RegisteredAgent'sSignature:  �:¥'oC>  Q	3$4,,	•	Date	Ul, : \tSc: STEP 2: Pay the annual fee or certify eligibility for the zero fee:
	Pay the Annual Fee: Pay the annual fee online by following the instructions at  www.Floridajobs.org/SpecialDistrictFee  or by check payable to the Department of Economic Opportunity.
Or, Certify Eligibility for the Zero Fee: By initialing each of the following items, I, the above signed registered agent, do hereby certify that to the best of my knowledge and belief, ALL of the following statements contained herein and on·any attachments
hereto are true, correct, complete, and made in good faith as of this date. I understand that any inforh,ation I give may be verified.
 	 This special district and its Certified PublicAccountant detenmined the special district is not a component unit of a local
general-purpose government.
 	 This special district is in compliance with the reporting requirements of the Department of FinancialServices.
 	 This special district reported $3,000 or less in annual revenues to the Department of Financial Services on its Fiscal Year
2016/2017 Annual Financial Report (if created since then, attach an income statement verifying $3,000 or less in revenues).

Department Use Only: Approved: 	Denied: 	Reason:		 	
STEP 3: Make a copy of this form for your records.

___	 	

____

STEP 4: Mail this fonm and payment (if paying by check) to the Department of Economic Opportunity, Bureau of Budget Management, 107 E. M adisonStreet, MSC 120, Tallahassee, FL 32399-4124. Direct any questions to (850) 717-8430.

Governmental Management Services, LLC
1001 Bradford Way
Kingston, TN 37763

BillTo

Cypress BluffCDD
475 West Town Place
Suite I 14
St. Augustine, FL 32092

Invoice

Date	Invoice#	
8/3/18	2	

l·S1•S13 · 3'-!
5

	P.O. No.	Terms	Project	
			
Description	Qty	Rate	Amount	
Management Fees - July 20 I 8 Prorated from 7/11/2018	2,540.37	2,540.37	

Total

Payments/Credits
Balance Due

$2,540.37

$0.00

$2,540.37

Governmental Management Services, LLC
1001 Bradford Way
Kingston, TN 37763

Bill To:
Cypress Bluff CDD 475 WestTown Place
Suite 114
St. Augustine, FL 32092

Invoice

Invoice#: 3 Invoice Date: 8/1/18
Due Date: 8/1/18 Case:
P.O. Number:

Description Management Fees -August 2018
/-3/-513 · 3'j
5

Hours/Qty

Rate	Amount
3,750.00	3,750.00

	Total	$3,750.00	
	Payments/Credits	$0.00	
	Balance Due	$3,750.00	

Hopping  Green & Sams
Attorneys and Counselors

119 S. Monroe Street, Ste. 300
P.O. Box 6526
Tallahassee, FL 32314
850.222.7500

---------------------------------	STATEMENT
July 31, 2018
Cypress Bluff CDD
Governmental Management Services 475 West Town Place, Suite 114
St Augustine, FL 32092

General Counsel
CBCDD	00001	KSB

FOR PROFESSIONAL SERVICES RENDERED

Bill Number 101892 Billed through 06/30/2018

/,31·513·315 7

06/19/18	KEM	Prepare sample acquisition package; confirm publication of notice of hearing.	0.60 hrs

06/20/18	MKR
06/22/18	MKR

Review district status; prepare organizational meeting documents, Prepare organizational meeting documents,

4.50 hrs 4,20 hrs

06/29/18	KSB	Review organization meeting documents.
Total fees for this matter

MATTER SUMMARY

2,50 hrs
$2,720,00

Ibarra, Katherine E. - Paralegal		0.60 hrs	125 /hr	$75.00	
Buchanan, Katie S.		2.50 hrs	275 /hr	$687.50	
Rigoni, Michelle K,		8.70 hrs	225 /hr	$1,957.50	
	TOTAL FEES			$2,720,00	

TOTAL CHARGES FOR THIS MATTER BILLING SUMMARY

$2,720.00

Ibarra, Katherine E, - Paralegal	0.60 hrs	125	/hr	$75.00	
Buchanan, Katie S,	2,50 hrs	275	/hr	$687.50	
Rigoni, Michelle K.	8,70 hrs	225	/hr	$1,957,50	
TOTAL FEES				$2,720,00	
TOTAL CHARGES FOR THIS BILL				$2,720.00	

Please include the bill number on vour check.

Hopping  Green & Sams
Attorneys and Counselors

119 S. Monroe Street, Ste. 300
P.O. Box 6526
Tallahassee, FL 32314
850.222.7500
=================================	STATEMENT =================================

Cypress Bluff COD
Governmental Management Services 475 West Town Place, Suite 114
St. Augustine, FL 32092

General Counsel
CBCDD	00001	KSB

FOR PROFESSIONAL SERVICES RENDERED
07/02/18	KEM	Review certified ordinance.

August 31, 2018

Bill Number 102459 Billed through 07/31/2018

1·31•5l?:,·315

0.30 hrs

07/03/18	KEM

07/09/18	KSB

07/11/18	KSB

07/11/18	KEM

07/12/18	KSB

07/12/18	KEM

07/13/18	MKR

07/13/18	KEM

07/17/18	KSB

07/18/18	KEM

07/23/18	MKR

07/23/18	KEM

07/27/18	KSB

07/30/18	KSB

07/31/18	KEM

Prepare organizational meeting documents.

Confer with district manager regarding tentative agenda.

Confer with chairman; prepare for, travel to and from, and attend board meeting.

Prepare landowner meeting and other miscellaneous notices. Perform meeting follow up.
Coordinate publication of request for qualifications; prepare to record notice of establishment.

Confer with Hogge regarding notices for upcoming public meetings.

Prepare and record notice of establishment; prepare various notices for publication.

Confer with D. Ray regarding status of design contracts and funding agreements.

Review recorded notice of establishment; confer with district manager. Research conflict of interest regarding restrictions on employment of relatives. Prepare funding agreements.
Confer with district manager regarding RFQ responses; review same; review tentative agenda items.

Confer with district manager; prepare architect evaluation criteria; review trustee contract; confer with chairman; prepare resolution re-setting landowners election; confer with district manager; prepare funding agreement.

Prepare petition for special powers.

0.50 hrs

0.50 hrs

5.00 hrs

1.30 hrs

0.50 hrs

0.30 hrs

0.30 hrs

1.20 hrs

0.80 hrs

0.20 hrs

1.50 hrs

1.30 hrs

1.70 hrs

2.50 hrs

0.30 hrs

General Counsel	Bill No.  102459	Page 2

==================-------==============================================================

Total fees for this matter
DISBURSEMENTS
Newspapers Recording Fees Travel
Travel - Meals

Total disbursements for this matter

MATTER SUMMARY

$4,105.00

247.13
60.00
169.34
7.40

$483.87

Ibarra, Katherine E. - Paralegal	5.40 hrs	125 /hr	$675.00	
Buchanan, Katie S.	11.00 hrs	275 /hr	$3,025.00	
Rigoni, Michelle K.	1.80 hrs	225 /hr	$405.00	
TOTAL FEES			$4,105.00	
TOTAL DISBURSEMENTS			$483.87	
TOTAL CHARGES FOR THIS MATTER			

$4,588.87	

BILLING SUMMARY

Ibarra, Katherine E. - Paralegal	5.40 hrs	125	/hr	$675.00	
Buchanan, Katie S.	11.00 hrs	275	/hr	$3,025.00	
Rigoni, Michelle K.	1.80 hrs	225	/hr	$405.00	
TOTAL FEES				$4,105.00	
TOTAL DISBURSEMENTS				$483.87	
TOTAL CHARGES FOR THIS BILL				$4,588.87	

Please include the bill number on vour check.

Hopping Green & Sams
Attorneys and Counselors
119 S. Monroe Street, Ste. 300
P.O. Box 6526
Tallahassee, Fl 32314
850.222.7500
=================================	STATEMENT =================================

Cypress Bluff CDD
Governmental Management Services 475 West Town Place, Suite 114
St. Augustine, FL 32092

September 26, 2018

Bill Number 102905 Billed through 08/31/2018

General Counsel
CBCDD	00001	KSB

FOR PROFESSIONAL SERVICES RENDERED
08/01/18	KSB	Prepare for, travel to and from, and attend board meeting; review engineering and architect proposal responses; confer with chairman regarding landowner election; review engineering and architect proposal responses; confer with chairman regarding landowner election.

/•::,J ,513·315 7

5.50 hrs

08/02/18	MKR

08/03/18	MKR

08/10/18	KSB

08/13/18	MKR

08/20/18	KSB

08/22/18	KEM

08/24/18	KSB

08/27/18	MKR

Review draft organizational meeting minutes and provide comments,

Prepare notices of intent to award district engineering services and district architectural services; prepare agreement for district engineering services with England Thims & Miller; prepare agreement for consulting engineering services with CW!; prepare agreement for architectural services with Basham & Lucas; prepare agreement for consulting architectural services with ELM,

Prepare notice of intent to award contracts; prepare professional agreements,

Review meeting follow-up; prepare correspondence regarding publication for public hearings,

Review project management agreement; prepare for and attend board meeting, Prepare mailed and published assessment notices.
Confer with Cummings.

Review inquiry regarding published notice for 170 and 197 hearing.

0.70 hrs

2.10 hrs

1.40 hrs 0,20 hrs

1.90 hrs

0.10 hrs

0.70 hrs 0,10 hrs

Total fees for this matter

DISBURSEMENTS
Travel
Travel - Meals

Total disbursements for this matter

MATTER SUMMARY

$3,322.50

86,73
10.00

$96,73

BILLING SUMMARY

General Counsel	Bill No. 102905	Page 2

Ibarra, Katherine E. - Paralegal	0.10 hrs	125	/hr	$12.50	
Buchanan, Katie S.	9.50 hrs	275	/hr	$2,612.50	
Rigoni, Michelle K.	3.10 hrs	225	/hr	$697.50	
TOTAL FEES	$3,322.50	
TOTAL DISBURSEMENTS	$96.73	
TOTAL CHARGES FOR THIS MATIER	$3,419.23	

Ibarra, Katherine E. - Paralegal	0.10 hrs	125	/hr	$12.50	
Buchanan, Katie S.	9.50 hrs	275	/hr	$2,612.50	
Rigoni, Michelle K.	3.10 hrs	225	/hr	$697.50	
TOTAL FEES				$3,322.50	
TOTAL DISBURSEMENTS				$96.73	
TOTAL CHARGES FOR THIS BILL				$3,419.23	

Please include the bill number on vour check.

INVOICE

Jacksonville Daily Record
A Division of
DAILY RECORD & OBSERVER, LLC
10 N. Newnan Street
P.O. Box 1769 Jacksonville, FL 32201
(904) 356-2466

 	Januar y 25, 2019	
Date

Attn: Courtney Hogge GMS, LLC

SAINT AUGUSTINE	FL	32092

475 WEST TOWN PLACE, STE 114	BY: ...,···············-···

2-

)·3}·513·1.ft
Payment Due Upon Receipt

Serial#  19-008680	PO/File#  	
Notice of Special Meeting of �he Board of Supervisors

Cypress Bluff Community Development District

Case Number Publication Dates	1/25

Payment is due before tlte Proof of Publication is released.

 	$84.81
Amount Due

Amount Paid
 	$84.81
Payment Due

Your notice can be found on the world wide web at www.jaxdailyrecord.com
TERMS: Net 30 days. Past due amounts will be charged a finance charge of 1.5% per month.

Preliminary Proof Of Legal Notice
(This is not aproofofpublication.)

Please read copy ofthis advertiseme11t and advise us ofa11y 11ecessary correctio11s beforefurtherpublications.

NOTICE OF SPECIAL l't'IEETING OF 'I'HE BOARD OF SUPERVISORS OF 'l'HE CYPRESS BLUFF COMMUNI'fY DEVELOPMENT DISTillC'l'
The Board of Supervisors ("Board") of the Cypress Bluff Community Development District will hold n special meeting on Wednesday, Febrnary  6,  2019 at 1:00 p.m. at the Duval Count.y Southeast Regional Library, 10599 Deerwood Park Boulevard, ,Jack­ sonville, Florida 32256. A copy of the agenda may be obtained from Governmental Management Ser vices, LLC, 475 West Town  Place, Suite 114, St. Augustine, Florida 32092, Ph: (904> 940-5850 (''Dis­
trict Mon11ger's Ollice").
The meeting is open to the public and will be conducted in accordance with the provisions of Flod<ln lnw  The  meeting may be continued to a date, time, and place lo be specified on the record at meeting. There may be occa­ sions when Board Supervisors or District Staff will participate by speaker telephone.
Any person requiring special accommodations at this meeting because of a disability or physi­ cal impairment should contact the District Manager's Office at least forty eight (,18) hours prior to the meeting. If you are heat·ing or speech impaired, please contact the Florida Relay Service by dial­ ing 7-1-1, or 1-800-955-8771 {TIY)
/ 1-800-955-8770 (Voice), for aid in contacting the District l\fonager's Office.
A person who decides to appeal any decision made by the Board with res1iect  to  any matter  con­
siderecl   at  the  meeting  is advised
that this same person will need a record ofthe proceedings and that accordingly, the pernon may  need to ensure that a verbatim t'ecord of the proceedings is made, including the testimony and evidence upon which t-he nppenl is to be based.
James Perry District Manllgcr
Jan. 25	00<19-00868Dl

Cypress Bluff Community Development District c/o Governmental Management Services

November 7, 2018 
Project No:	1 31 02.26000

475 West Town Place, Suite 1 14	Invoice No:	01 88745
St. Augustine, FL 32092
Project	131 02.26000	Cypress Bluff COD-Interim District Engineer (WA#1) 

Services this month include:
Preparation and attendance at CDD meetings.
Coordination with other staff on lot counts and cost estimates in improvement plan.
Attendance and preparation for Bond Validation Hearing.

Brad W.
Professional Services rendered through October 31.2018 Professional Personnel

l-3/ ·5 13· 31/ 

eoec		,ven

(o

fl NOV 19 2018	u

Senior Engineer Weeber, Bradley
Totals
Total Labor

1 0/27/2018

Hours

4.00
4.00

Rate

1 94.00

Amount

776.00
776.00

776.00

Expenses
Mileage

Total Expenses

1 .15 times
Invoice Total this Period

10.90
10.90

12 .54
$788.54

Outstanding Invoices
Number
0187933
01881 53
01 88540
Total

Date
7/31/2018
8/31/2018
9/30/2018

Balance
1 ,390.50
873.00
388.00
2,651.50

Total Now Due

$3,440.04

England•Thim:, &millc.ir,lnc.
UIG''lEERS •fVJClE�•SUMYORS•@•l»JlSCAf'E MC!ITECTS
Hn5ct1St A!J?<Br.!RG.!d•.ld.srAf'� flo.-d131:258•t��.A-&42-S'M •tu0046'5-9-U5 C:\{0:-025.S-I  tC-0:�'318

Cypress Bluff Community Development District c/o Governmental Management Services
475 West Town Place, S uite 1 14 St. Augustine, FL 32092

August 9, 2018 Project No: Invoice No:

131 02.26000
0187933

Project	1 31 02.26000	Cypress Bluff COD-Interim District Engineer (WA#1) 

Professional Personnel

Senior Engineer		
Hours	
Rate	
Amount	
Weeber, Bradley	7/1 4/2018 	5.00	1 94.00	970.00	
Weeber, Bradley	7/21/2018	1 .00	1 94.00	1 94.00	

Professional Services rendered through July 31,2018

l·.31 • 5 13· 3\ l VJ

Engineer
Welch, Daniel
Totals
Total Labor

7/21/2018

1 .50
7.50

151 .00

226.50
1 ,390.50

1,390.50
$1 ,390i50

fl

AUG
F�Y\ . ... .................. .. ··•--· , ...,.

England•Thim� & ffiillar,lnc.
EIIG!l!E£RS•fVJlll(RS • tul'l,YOM•OIS•WllSC�ASIC!llllCTS 1.mSWSt.Al)j1Af�f\o,4•�l\l>'l\�.f'};(dtl1JS.,•lcCt�,&1?6m•1uoo1.fllHIM CA<«-0116< lW.bllll

Cypress Bluff Community Development District c/o Governmental Management Services
475 West Town Place, Suite 114 St. Augustine, FL 32092

August 10, 2018
Project No:	13102.26001
Invoice No:	0187962

Project	13102.26001

Cypress Bluff CDD- Updating Master Improvement Plan and Preparation ofthe Supplemental Engineer's Report for Bond Issuance #1

Professional Services rendered through July 31, 2018
Professional Personnel	1· 31· 5,3. 3/ I

Senior Engineer Weeber, Bradley
Totals
Total Labor

7/21 /2018 

Hours

2,50
2.50

Rate

1 94.00

Amount

485.00
485,00

<o

485.00

1::lnvo.l.c...·e-•:,T:..o·,•,;t..a.l..t..h....i.s...P.  erio.  d :f

$485.lfo .•

tfl:. - -�· ···-···· ... ... M . .... .. .

En9IC1nd·Thim!) &rnillar,lnc.
IIIG!URS•I\J.lillE\'l •M'IE'/ORS •Gt1•WlOSC!l'Ell!CHl!ClS WISadSlil"}\l!ilt1efload•.t«lv.&-.ft., Floc'dlWS.S•td�-UMf'A•l;O$r.)l'6l�S
C�{<OO!t•  le4:0)lll

Cypress Bluff Community Development District c/o

September 7, 2018

Governmental Management Services	Project No:	1 31 02.26000
475 West Town Place, Suite 114	Invoice No:	0188153
St. Augustine, FL 32092

Project	1 31 02.26000	Cypress Bluff COD-Interim District Engineer (WA#1) 
Professional Services rendered through August 31, 201 8 Professional Personnel

Senior Engineer Weeber, Bradley Weeber, Bradley Weeber, Bradley
Totals
Total Labor

8/4/2018 
8/1 8/2018 
8/25/2018 

Hours

2.00
.50
2.00
4.50

Rate	Amount

1 94.00	388.00
1 94.00	97.00
1 94.00	388.00

	('$873.00 ,!('	
Outstanding Invoices
Number	
Date	
Balance	
01 87933	7/31/2018	1 ,390.50	
Total		1 ,390.50	

873.00

Total Now Due

SEP 21 2018

1 -31- 5) 3 · 3 \ \
VJ

873.00

$2,263.50

England·Thim�& miller,Inc.
!llGUlflRS• fU//UERS• SU\VEYO!\S •GS•WiOSCIIHIIC\ll l!CIS umodS\A«1,.Jritr�dt.l.ii:lw.1&.fl:t\dt,3ll.sl•td9lHU,tYA•lu�6,fi,9,US
l:.\®'2SM lC@ll\l

� �

Governmental Management Services	?\t	Project No:	131 02.26001	
475 West Town Place, Suite 1 14		Invoice No:	01881 88	
St. Augustine, FL 32092				

Cypress Bluff Community Development Distrlcfclb

September 7, 2018 

Project	1 3102.26001	Cypress Bluff CDD- Updating Master Improvement Plan and
Preparation of the Supplemental Engineer's Report for Bond Issuance
#1
Professional Services rendered througb Augyst 31, 2018	/ ·31 ·513-31\

Professional Personnel

Senior Engineer

V>
Hours	Rate	Amount

Weeber, Bradley	8/4/2018 	2.50	1 94.00	485.00	
Weeber, Bradley	8/1 8/2018	4.00	1 94.00	776.00	
Engineer
Welch, Daniel	8/4/2018	3.50	151 .00	528.50	
Welch, Daniel	8/1 8/2018 	.75	1 51 .00	11 3.25	
Welch, Daniel	8/25/2018 	1 .00	151 .00	1 51 .00	

Designer
Winfrey, William
Totals
Total Labor

8/18/2018	1 7.00	1 25.00	2,1 25.00
28.75	4,178.75

4,178.75

Expenses
Reproductions

Total Expenses

1 .00
1 .15 times	1 .00
<1rivoiceTota1 ,this P.eriod t

1.15 
; $4;179.90 ...

Outstanding Invoices
Number
01 87962
Total

Date	Balance
7/31/2018	485.00
485.00

Total Now Due

$4,664.90

Englancl·Thim:i & ffiillat, Inc.
UIOll�[AS•l'l.llllllllS•WIWEYOOS•O�•l/JOO:APEm:lllllClli 10,sadSl"'-'1,ane�•J.ld.maft.nonil3m91ld�«Mm•flx9)�9-US
CA®ll.>$tl LC-@:<111

Cypress Bluff Community Development District c/o Governmental Management Services	October 12, 2018
Project No:	
13102.26001	
475 West Town Place, Suite 114	Invoice No:	0188539	
St. Augustine, FL 32092			

Project	13102.26001
Services this month include:
Revisions to improvement plan Brad W.

Cypress Bluff COD- Updating Master Improvement Plan and Preparation of the Supplemental Engineer's Report for Bond Issuance #1

B : .......................

Professional Services rendered through September 30, 2018 Professional Personnel
Hours	Rate	Amount
Senior Engineer

Weeber, Bradley
Totals
Total Labor

9/29/2018

.50
,50

194.00

97.00
97.00

97.00

Outstanding Invoices
Number
01 87962
01 88188
Total

Date
7/31/2018
8/31/2018

Invoice Total this Period

Balance
485.00
4,179.90
4,664.90

$97.00

Total Now Due	$4,761.90

En9lancl·Thim:> & miller,Inc.
EIIOIIIEERS , MINERS• SURVEYORS •GIS•W:OSCAPEAACIIIIECTS
14TT50:dSlA1.:9U�fot Road•Jxboni.!e, Fkxld,132258• W90-t-&tH¥.lO •Luoo.t�
CA-00002584 Lc=J16

INVOICE

Jacksonville Daily Record
A Division of
DAILY RECORD & OBSERVER, LLC
10 N.  Newnan Street
P.O. Box 1769 Jacksonville, FL 32201
(904) 356-2466	 	December 11, 2018	
Date

Attn: Courtney Hogge GMS, LLC
475 WEST TOWN PLACE, STE 114	Bl': .a,,...... ................
SAINT AUGUSTINE	FL	32092
Payment Due Upon Receipt

Serial # 18-09581 D	PO/File#  	
Notice of Meeting of the Board of Supervisors

Cypress Bluff Community Development District

Case Number

 	$88.13 
Amount Due

Amount Paid
 	$88.13
Payment Due

Publication Dates

-1 2/-1 1------	---------

Payment is due before the Proof of Publication is released.

Your notice can be found on the world wide web at www.jaxdailyrecord. com
TERMS: Net 30 days. Past due amounts will be charged a finance charge of 1. 5% per month.

Preliminary Proof Of Legal Notice
(This is not aproof of publication.)

Please read copy of this advertisement and advise us of any necessary corrections before further publications.

NO'I'lCE OF MEE1'1NG OF THE BOARD OF SUPERVISORS OF
THE CYPRESS BLUFF
DEVELCOOPMMUNIMENT DTIYS'l'RICT
The Doard of Supervisors ("Board") of the Cypress D!uff Community Development District will hold u meeting on Tuesday, December 18, 2018 at 1:30 p.m. at the Duval County Southeast Regional Library, 10599 Deer wood Pnrk Boulevard, ,Jackson­ ville, Florida 32256. A copy of the agenda may be obtained from Gov ernmental ll'fanagement Services, LLC, 475 West Town Place, Suite 114, St. Augustine, Florida 32092, Ph: (904) 940-5850 ("District Man­ ager's Office").
The meeting is  open  to  the public and will be conducted in
accordance with the provisions of Florida  lnw The meeting  mny be continued to a date, time, nnd place to be specified on the record at meeting. There may be occa­ sions when Board Supervisors or District StRff will participRte by speaker telephone.
Any person requiring special accommodations at this meeting because of it disability or physi­ cal impairment should contnct the District Manager's  Oillce at least forty-eight (48) hours prior to the meeting. If you are headng oi• speech impaired, please contact the Florida Relay Service by dial­ ing 7-1-1,  or  1.aoo.955.3771 (TI'Yl
/ 1-800-955-8770 (Voice), fot· nid in
contacting the District Manager's Office.

A person who decides to appeal any decision made by the Board with respect to any matter con­ sidered at the meeting is advised that this same person will need a record of the proceedings and that accordingly the person may need to emrnre that a verbatim record of the proceedings is made, including the testimony und evidence upon which the appcnl is to be bused.
James Peny District Manager
Dec. 11	00 (18-09581D)

INVOICE

Jacksonville Daily Record
A Division of
DAILY RECORD & OBSERVER, LLC
10 N. Newnan Street
P.O. Box 1769 Jacksonville, FL 32201
(904) 356-2466

December 27, 2018
Date

Attn: Courtney Hogge GMS, LLC
475 WEST TOWN PLACE, STE 114 SAINT AUGUSTINE	FL	32092

Payment Due Upon Receipt

Serial #	1 8-1 0367D	PO/File #
Notice of Meeting of the Board of Supervisors

Cypress Bluff Community Development District

Case Number

$84.81 
Amount Due

Amount Paid
$84.81 
Payment Due

Publication Dates

-1 2-/27

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

Payment fa· due before tlte ProofofPublication is released.

Your notice can be found on the world wide web at www.jaxdailyrecord. com
TERMS: Net 30 days. Past due amounts will be charged a finance charge of 1.5% per month.

Preliminary Proof Of Legal Notice
(This is not a proof of publication.)

Please read copy of this advertisement and advise us of any
    necessary corrections before further publications.	

NOTICE OF SPECIAL MEETING OF THE BOARD OF SUPERVISORS OF
THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT
'T'he    Bonrcl    of    Supervisors
!"Donni") of the Cypl'ess Dluff Community Development Distl'ict will  hold  n  1:1puciul   mecling  on
\VPclne�rlny, ,J:rnunry 9, 2019 nt 10:00 n.m. nt the Duvnl County Southenst Regionnl Lih1my, 10509 D�Nwood Pol'k Boulcvnl'cl, Jnck­ sonville, Florida 32256. A co1>Y of the ngendn mny he obtained from Guv<.�rnmcnlnl  l\·lnnogc.•mt'nt  SL!r­ vices, I.LC, 47!5 \\'est Town Pince, Suite 114, St. Augustine, Flol'icln 32092, Ph: 19041 940-5850 ("Dis­
trict MnnngP.r's Office").
The meeting is open to the public niul will ue conducted in occordan.ce with the provisions of Flori<ln  lnw.   The  meeting  may be continued to a elate, tirne, ;,n<l pince l-0 he speciliecl on the 1·eco1·d at meeting. There moy he occn­ sio1m when Bonnl Supervi:;ors or District Staff will pnl'ticipate 1,y spenke1· lelephune.
Any person requiring 8peci:'tl ncco1nmodntions ot tllis meeting becnust! of u tli:mhility 01· physi• cnl impnirnrnnt shouhl contnct t.he District Mnnagei's Office ot least fol'ty-eight (48) hotu·s priol' to the nu.·eting. [f you nl'C hcnring or Bpeech impnire1l, plen8e cont.net the Flol'ida Relny Service by cli11l­ ing 7-1-1, 01· 1-1:100-955-87?1 l'rl'YI
/ l-800-%5-8770 tVoicP), for ni,l in cont11cting the District M:uu1ge1's Office.
A person who llecidt.'s lo nppt•ul uny decision ma<le by the Board with respect to any mnttcr con• si<lere<I 11t the meeting is 11<lvised thnt this s1une person wi1l need o

u�

!'ecord ofthe proceeding• nncl thnt accordingly, the person may need to ensu1·e that u verbatim record of the proceedings is mnde, including the testimony nn<l evidence upon which the nppeul is to bused.
tTnmcs Perr)' District. M,rnnger
Dec. i?	00ll8-lU367U)