Cypress Bluff
Community Development District

August  27, 2019

Cypress Bluff
Community Development District

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

August 21, 2019

Board of Supervisors Cypress Bluff
Community Development District Dear Board Members:
The Cypress Bluff Community Development District Meeting is scheduled for Tuesday, August 27, 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 of the July 23, 2019 Meeting
Ratification of Request for Qualifications for Construction Manager at Risk Services
Consideration of Proposals for Construction Manager at Risk Services
Public Hearing to Adopt the Budget for Fiscal Year 2020
Consideration of Resolution 2019-09, Relating to Annual Appropriations and Adopting the Budget for Fiscal Year 2020
Consideration of Resolution 2019-10, Imposing Special Assessments and Certifying an Assessment Roll for Fiscal Year 2020
Staff Reports
District Counsel
District Engineer – Consideration of Requisition Nos. 13-16
District Manager – Discussion of the Fiscal Year 2020 Meeting Schedule
Financials Reports
Balance Sheet and Income Statement
Check Register
Supervisor’s Requests and Audience Comments
Next Scheduled Meeting – September 24, 2019 at 1:30 p.m. at the Duval County Southeast Regional Library
Adjournment

Enclosed under the third order of business for your review and approval is a copy of the minutes of the July 23, 2019 Board of Supervisors meeting.

The fourth order of business is ratification of request for qualifications for construction manager at risk services. Enclosed is a copy of the notice published for such services.

The fifth order of business consideration of proposals for construction manager at risk services. Copies of the proposals will be provided under separate cover once available.

The sixth order of business is the public hearing to adopt the budget for Fiscal Year 2020. Enclosed for your review and approval are copies of the budget, resolution 2019-09 and resolution 2019-10.

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

2

AGENDA

Cypress Bluff
Community Development District
Agenda

Tuesday	Duval County Southeast Regional Library
August 27, 2019	10599 Deerwood Park Boulevard, Room D
1:30 p.m.	Jacksonville, Florida 32256
Call In # 1-888-850-4523 Code 322827

Call to Order

Public Comment

Approval of the Minutes of the July 23, 2019 Meeting

Ratification of Request for Qualifications for Construction Manager at Risk Services

Consideration of Proposals for Construction Manager at Risk Services

Public Hearing to Adopt the Budget for Fiscal Year 2020
Consideration of Resolution 2019-09, Relating to Annual Appropriations and Adopting the Budget for Fiscal Year 2020

Consideration of Resolution 2019-10, Imposing Special Assessments and Certifying an Assessment Roll for Fiscal Year 2020

Staff Reports
District Counsel

District Engineer – Consideration of Requisition Nos. 13-16

District Manager – Discussion of the Fiscal Year 2020 Meeting Schedule

Financials Reports
Balance Sheet and Income Statement

Check Register

Supervisor’s Requests and Audience Comments

Next Scheduled Meeting – September 24, 2019 at 1:30 p.m. at the Duval County Southeast Regional Library

Adjournment

MINUTES

MINUTES OF MEETING
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

The Board of Supervisors meeting of the Cypress Bluff Community Development District was held Tuesday, July 23, 2019 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:

Jim Perry	District Manager
Katie Buchanan	District Counsel
Brad Weeber	District Engineer
Joe Muhl	Parc Group

FIRST ORDER OF BUSINESS	Roll Call
Mr. Perry called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Public Comment
There were no audience members in attendance.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the June 25,
2019 Meeting
There were no comments on the minutes

On MOTION by Mr. Holmes seconded by Mr. Hewins with all in favor the minutes of the June 25, 2019 Board of Supervisors meeting were approved.

FOURTH ORDER OF BUSINESS	Acceptance of the Engagement Letter with
Grau & Associates for FY19 Audit Services

July 23, 2019	Cypress Bluff CDD

Mr. Perry stated a 2018 audit was not required because the expenditures were lower than what is required by the state so if you’ll recall we went out for proposals recently and this engagement letter is consistent with the fees Grau provided in their proposal.

On MOTION by Mr. Ray seconded by Mr. Holmes with all in favor the engagement letter with Grau & Associates for FY19 audit services was accepted.

FIFTH ORDER OF BUSINESS	Discussion of the Fiscal Year 2020 Budget
Mr. Perry stated this is just a placeholder. Our public hearing to adopt the budget is going to be on August 27th. We will make some minor changes but I don’t see any material changes. We will adjust the audit fees to what was bid and probably put the differential to that into the engineering line so that it balances out and keeps the assessment levels at what we had targeted and discussed previously.

SIXTH ORDER OF BUSINESS	Staff Reports
District Counsel
Ms. Buchanan stated tonight the council for the City of Jacksonville will be hearing our request for special powers and at that point hopefully we will be in a good position to go ahead and get started with the amenity center. We have not filed a boundary amendment yet but we anticipate doing that by the end of this week.
District Engineer – Requisition Summary
Mr. Weeber stated we have one requisition from Hopping, Green & Sams in the amount of $2,861.73.

On MOTION by Mr. Ray seconded by Mr. Hewins with all in favor requisition number 12 was approved.

District Manager
There being none, the next item followed.

SEVENTH ORDER OF BUSINESS	Financial Reports
Balance Sheet and Income Statement
Check Register

2

July 23, 2019	Cypress Bluff CDD

Mr. Perry stated the check register totals $938.80.

On MOTION by Mr. Holmes seconded by Mr. Hewins with all in favor the check register was approved.

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

NINTH ORDER OF BUSINESS	Next Scheduled Meeting – August 27, 2019
at 1:30 p.m. at the Duval County Southeast Regional Library
Mr. Perry stated the next scheduled meeting is August 27, 2019 at 1:30 p.m. at this location.

TENTH ORDER OF BUSINESS	Adjournment

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

Secretary/Assistant Secretary	Chairman/Vice Chairman

3

FOURTH ORDER OF BUSINESS

CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT REQUEST FOR QUALIFICATIONS FOR CONSTRUCTION MANAGER AT RISK
SERVICES FOR AMENITY CENTER
Duval County, Florida

The Cypress Bluff Community Development District (“District”) is soliciting qualification documents detailing qualifications to provide Construction Manager At Risk Services for the construction of an Amenity Center (“Project”). The selected Construction Management firm (“CM”) will provide preconstruction services and function as a General Contractor responsible for competitively bidding trade contracts, all scheduling and coordination of the Project, and the successful, timely, and economical completion of the Project, as more particularly described in the Request for Qualifications Package (“RFQ”). To be eligible to submit qualification documents (“Response”), and in addition to any other requirements set forth in the RFQ, an interested firm must: (i) hold all required local, state and federal licenses in good standing; (ii) be authorized to do business in Duval County and the State of Florida; and (iii) have previously worked on at least one amenity center facility worth at least Three Million Dollars ($3,000,000.00).

The RFQ may be downloaded from the District Engineer’s website
at https://etminc.exavault.com/share/view/1ltlt-ah8gc2jk. Respondents must provide contact information in order to download the RFQ, and, in that way, will be added to the District’s distribution list for the RFQ and any subsequent addenda thereto. The District reserves the right in its sole discretion to make changes to the RFQ up until the time of the opening, and to provide notice of such changes only to those Respondents who have downloaded an RFQ.

Each firm desiring to submit a response to the RFQ must submit an electronic copy of the firm’s response on a flash drive, and in a PDF format, along with one original and eight (8) copies of the firm’s response, no later than 2:00 p.m., August, 21st, 2019 to the District Engineer c/o England-Thims & Miller, Inc., 14775 St. Augustine Road, Jacksonville, Florida 32258, ATTN: Bradley Weeber, P.E. (“District Engineer’s Office”). The District Engineer will conduct a special public meeting at 2:30p.m. on August 21, 2019 at the District Engineer’s Office to open the responses and read the names of the Respondents, which names will be posted to the District’s website shortly thereafter. No official action will be taken at the meeting. The meeting is open to the public and will be conducted in accordance with the provisions of Florida law including but not limited to Chapter 190, Florida Statutes. A copy of the agenda for the meeting may be obtained from the District Engineer. The meeting may be continued in progress without additional notice to a time, date, and location stated on the record. Pursuant to  provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this meeting is asked to advise the District Engineer at least forty-eight (48) hours before the meeting by contacting the District Engineer. If you are hearing or speech impaired, please contact the Florida Relay Service at 1 (800) 955-8770, who can aid you in contacting the District Engineer.

Responses will be evaluated in accordance with the criteria included in the RFQ. The District reserves the right to reject any and all responses, make modifications to the work, award the contract in whole or in part with or without cause, provide for the delivery of the Project in

phases, and waive minor or technical irregularities in any proposal, as it deems appropriate, if it determines in its discretion that it is in the District’s best interests to do so.

Any protest of the RFQ must be filed with the District Engineer’s Office within 72 hours of download of the RFQ, together with a protest bond in a form acceptable to the District and in the amount of Fifty Thousand Dollars ($50,000.00). In the event the protest is successful, the protest bond shall be refunded to the protestor. In the event the protest is unsuccessful, the protest bond shall be applied towards the District’s costs, expenses and attorney’s fees associated with hearing and defending the protest. Failure to timely file a protest will result in a waiver of proceedings under Chapter 190, Florida Statutes, and other law. Additional requirements for filing a protest can be found in the District’s Rules of Procedure, which are available upon request.

The successful respondent will be required upon the successful negotiation of a contract to furnish a payment and performance bond for one hundred percent (100%) of the value of the contract (as described in the RFQ), with a surety acceptable to the District, in accordance with Section 255.05, Florida Statutes.

Any and all questions relative to this RFQ or the Project shall be directed in writing by e- mail only to Bradley Weeber, P.E. weeberb@etminc.com , with e-mail copies to Mikey White at mwhite@parcgroup.net, and Katie Buchanan at katieb@hgslaw.com. No phone inquiries please.

Cypress Bluff Community Development District Bradley Weeber, P.E., District Engineer

FIFTH ORDER OF BUSINESS

CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT REQUEST FOR QUALIFICATIONS
CONSTRUCTION MANAGER AT RISK SERVICES FOR AMENITY CENTER

EVALUATION CRITERIA

EVALUATION CATEGORIES	POINTS POSSIBLE
Related Experience	25
Pre-Construction Services Staff	25
Construction Services Staff	25
Volume of Previous North Florida Work	5
Location of Offices	5
Willingness to Meet Time and	5
Budget Requirements
Recent, Current and Projected	5
Workloads
Certified Minority Business Enterprise	5
GRAND TOTAL OF POINTS	100 POINTS

SIXTH ORDER OF BUSINESS

Cypress Bluff
Community Development District

Approved Budget FY2020

Cypress Bluff
Community Development District

TABLE OF CONTENTS

General Fund
Summary of  Revenues and Expenses	Page 1-2
Narrative	Page 3-6

Series 2019 Debt Service Fund
Summary of  Revenues and Expenses	Page 7
Amortization Schedule	Page 8-9

Cypress Bluff
Community Development District
General Fund Approved Operating Budget

	Adopted
Budget	Actuals
as of	Projected
Next 3	Total
Projected	Approved
Budget	
Description	FY2019	6/30/19	Months	9/30/19	FY2020	

Revenues						
Developer Contributions/Assessment	$   116,675	$     116,675	$	-		$ 116,675		$ 782,618	
 
Total Revenues	 $   116,675        $   116,675       $	-			   $ 116,675 		   $ 782,618 	
Expenditures										
Administrative										
Supervisor Fees	$	-		$	6,600		$	2,600		$	9,200		$ 12,000	
FICA Expense	$	-		$	536		$	184		$	719		$	918	
Engineering	$	15,000		$	3,530		$	500		$	4,030		$	3,000	
Arbitrage	$	600		$	-		$	-		$	-		$	800	
Dissemination Agent	$	3,500		$	1,167		$	876		$	2,043		$	4,000	
Attorney	$	20,000		$	13,485		$	7,500		$	20,985		$ 30,000	
Annual Audit	$	5,000		$	-		$	-		$	-		$	8,000	
Assessment Roll	$	-		$	-		$	-		$	-		$	5,000	
Trustee Fees	$	4,000		$	-		$	1,500		$	1,500		$ 15,000	
Management Fees	$	45,000		$	33,750		$ 11,250		$	45,000		$ 45,000	
Construction Accounting	$	3,500		$	-		$	-		$	-		$	-	
Information Technology	$	1,200		$	900		$	300		$	1,200		$	2,000	
Telephone	$	300		$	13		$	50		$	63		$	5,000	
Postage	$	1,500		$	98		$	50		$	148		$	500	
Printing & Binding	$	1,000		$	1,979		$	450		$	2,429		$	6,000	
Insurance	$	5,800		$	5,000		$	-		$	5,000		$	5,000	
Legal Advertising	$	4,000		$	1,531		$	255		$	1,786		$	5,000	
Other Current Charges	$	600		$	307		$	75		$	382		$	5,250	
Office Supplies	$	1,000		$	18		$	10		$	28		$	600	
Dues, Licenses & Subscriptions	$	175		$	175		$	-		$	175		$	325	
Website design/compliance	$	4,500		$	-		$	-		$	-		$	1,000	
Total Administrative	   $ 116,675 		   $	69,087 		   $ 25,600 		   $	94,687 		   $ 154,393 	
Grounds Maintenance Project Services	
$	-	$	2,000	
$	2,000	
$	4,000	$	-	
Pond Mainteance (Water Quality)	$	-	$	-	$	-	$	-	$ 15,000	
Landscape Maintenance	$	-	$	-	$	-	$	-	$ 315,000	
Landscape Contingency	$	-	$	-	$	-	$	-	$ 20,000	
Pump Maintenance	$	-	$	-	$	-	$	-	$	3,550	
Reclaimed Water	$	-	$	-	$	-	$	-	$ 20,000	
Irrigation Repairs	$	-	$	-	$	-	$	-	$	4,000	
Landscape Reserves	$	-	$	-	$	-	$	-	$ 10,000	
Other Repairs and Maintenance	$	-	$	-	$	-	$	-	$	6,000	

Total Grounds Maintenacne

   $	-	

   $	2,000 

   $	2,000 

   $	4,000 

   $ 393,550 

1

Cypress Bluff
Community Development District
General Fund Approved Operating Budget

	Adopted
Budget	Actuals
as of	Projected
Next 3	Total
Projected	Approved
Budget	
Description	FY2019	6/30/19	Months	9/30/19	FY2020	

Amenity 						
Insurance	$	-	$	-	$	-	$	-	$ 12,500	
Field Service Operations	$	-	$	-	$	-	$	-	$ 35,000	
Lifestyle Operations	$	-	$	-	$	-	$	-	$ 40,000	
Pool Maintenance	$	-	$	-	$	-	$	-	$ 20,000	
Pool Chemicals	$	-	$	-	$	-	$	-	$ 12,000	
Interim Facility Staffing	$	-	$	-	$	-	$	-	$ 30,000	
Janitorial Services	$	-	$	-	$	-	$	-	$ 28,000	
Reffuse	$	-	$	-	$	-	$	-	$	4,200	
Security and Gate Maintenance	$	-	$	-	$	-	$	-	$	4,500	
Facility Maintenance	$	-	$	-	$	-	$	-	$	8,000	
Elevator Maintenance	$	-	$	-	$	-	$	-	$	6,000	
Cable and Utilities	$	-	$	-	$	-	$	-	$	5,500	
Licenses and Permits	$	-	$	-	$	-	$	-	$	1,475	
Repairs & Maintenance	$	-	$	-	$	-	$	-	$	5,000	
Special Events	$	-	$	-	$	-	$	-	$	3,000	
Holiday Decorations	$	-	$	-	$	-	$	-	$	1,500	
Fitness Center R&M	$	-	$	-	$	-	$	-	$	5,000	
Reserve for Amenities	$	-	$	-	$	-	$	-	$ 10,000	

Other Current Charges
Total Amenity

   $	-	
   $	-	

   $	-	
   $	-	

   $	-	
   $	-	

   $	-	
   $	-	

   $	3,000 
   $ 234,675 

    

Total Expenditures

   $ 116,675 

   $	71,087 

   $ 27,600 

   $	98,687 

   $ 782,618 

    

Excess Revenues (Expenditures)

   $	-		$

45,588

$ (27,600)

$	17,988	$	-

2

Cypress Bluff
Community Development District
General Fund Budget

REVENUES:

Developer Contributions/Assessments
The District will enter into a Funding Agreement with the Developer to fund the General Fund Expenditures for the Fiscal Year

EXPENDITURES:

Administrative:

Supervisor Fees & FICA Expense
Supervisors by Florida statutes are eligible for compensation if elected at $200/meeting. The costs are reflective of anticipated compensation plus FICA matching.

Engineering Fees
The District’s engineer, England-Thims & Miller, Inc will be providing general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review invoices, etc.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District’s Series 2019 Special Assessment Revenue Bonds.

Dissemination
The District has contracted with GMS, LLC to act as the Dissemination Agent for the District to prepare the Annual Disclosure Report required by the Security and Exchange Commission in order to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Attorney
The District’s legal counsel, Hopping, Green & Sams will be providing general legal services to the District, i.e. attendance and preparation for monthly meetings, review operating & maintenance contracts, etc.

Annual Audit
The District is required annually to conduct an audit of its financial records.

Assessment Roll
The District has contracted with Governmental Management Services, LLC for the certification and collection of the District’s annual maintenance and debt service assessments. Assessments on platted lots are collected by agreement with Duval County while unplatted assessments maybe collected directly by District and/or by County Tax Collector.

Trustee Fees
The Trustee at The Bank of New York Mellon administers the District’s Series 2019 Special Assessment Revenue Bonds. The amount represents the annual fee for the administration of the District’s bond issue.

Management Fees
The District receives management, accounting and administrative services as part of a management agreement with Governmental Management Services, LLC (“GMS”). These services are further outlined in Exhibit “A” of the Management Agreement with GMS.

3

Cypress Bluff
Community Development District
General Fund Budget

Information Technology
The cost related to District’s accounting and information systems, District website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements maintained by GMS.

Telephone
Telephone conference costs for District meetings, workshops and committee meetings.

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

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

Insurance
The District’s General Liability & Public Officials Liability Insurance policy is with Florida Insurance Alliance. FIA specializes in providing insurance coverage to governmental agencies.

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

Other Current Charges
Estimated bank charges and any other miscellaneous expenses that incurred during the year.

Office Supplies
Miscellaneous office supplies.

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

Website Compliance
Website information required under Florida Law to be posted for all Special Districts.

Grounds Maintenance:

Pond Maintenance (Water Quality)
Estimated costs to maintain ponds in the District.

Landscape Maintenance
Estimated costs related to maintain the common areas of the District.

Landscape Contingency
Estimated costs for other landscape maintenance incurred by the district.

Pump Maintenance
Estimated costs related to maintain the irrigation pumps in the District.

4

Cypress Bluff
Community Development District
General Fund Budget

Reclaimed Water
Estimated costs for irrigation by the district for reuse water billed by JEA .

Irrigation Repairs
Estimated miscellaneous irrigation maintenance and repair costs.

Landscape Reserves
For additional landscape services and possible storm cleanup.

Other Repairs and Maintenance
Estimated costs for other repairs and maintenance incurred by the district.

Amenity:

Insurance
Estimated Property Insurance policy from Florida Insurance Alliance.

Field Services Operations
Estimated costs to provide field operations management to oversee all day-to-day operation of all the Districts assets, common grounds, and service providers

Lifestyle Operations
Estimated costs to provide general amenity management

Pool Maintenance
Estimated costs to maintain the Amenity swimming pools

Pool Chemicals
Cost related to pool chemicals for the maintenance of the Amenity Center Swimming Pools.

Interim Facility Staffing
Estimated costs to provide community facility staff for the amenity center to greet patrons, providing facility tours, issuance of access cards and policy enforcement.

Janitorial Services
Estimated costs for janitorial services for the District

Refuse
Estimated costs for garbage disposal services for the District.

Security and Gate Maintenance
Estimated maintenance costs of the security cameras and gate.

Facility Maintenance
Estimated costs to provide maintenance and repairs necessary for upkeep of the Amenity Center and common grounds area.

Elevator Maintenance
Estimated costs to provide maintenance and repairs necessary for upkeep of the Amenity Center elevator

5

Cypress Bluff
Community Development District
General Fund Budget

Electric
Estimated costs for electric billed to the District by FPL.

Water/Sewer/Irrigation
Estimated costs for sewer, water, and irrigation billed to the District by JEA.

Cable
Estimated costs for cable and internet in the Amenity Center

License and Permits
Represents license fees for the amenity center and permit fees paid to the Florida Department of Health in St. Johns County for the swimming pools.

Repair and Replacements
Any costs related to miscellaneous repairs and maintenance that occur during the fiscal year.

Special Events
Represents estimated costs for the District to host special events for the community through the Fiscal Year.

Holiday Decorations
Represents estimated costs for the District to decorate the Amenity center for the holidays.

Fitness Center R&M
Estimated costs to provide maintenance and repairs necessary for upkeep of the Amenity Fitness Center

Reserve for Amenities
Establishment of general reserve to fund future replacement.

Other Current Charges
Represents miscellaneous costs incurred by the District.

6

Cypress Bluff
Community Development District
Debt Service- Series 2019 Approved Budget

	Proposed
Budget	Actuals
as of	Projected
Next 3	Total
Projected	Approved
Budget	
Description	FY2019	6/30/19	Months	9/30/19	FY2020	

Revenues						
Special Assessments	$	731,680	$	460,841	$ 270,839	$	731,680	$	731,680	
Interest Income	$	-	$	2,364	$	750	$	3,114	$	-	
Bond Proceeds	$	-	$	365,840	$	-	$	365,840	$	-	

Carry Forward Surplus

$	-	$

-	$	-	$

-	$	274,991

Total Revenues

$	731,680	$

829,046

$ 271,589

$ 1,100,634

$ 1,006,671

Expenditures

Series 2019
Interest Expense 11/1

$	-	$

-	$	-	$

-	$	269,573

Principal Expense 5/1	$	330,000	$	330,000	$	-	$	330,000	$	195,000	
Interest Expense 5/1	$	128,688	$	128,688	$	-	$	128,688	$	269,573	
Total Expenditures	$	458,688	$	458,688	$	-	$	458,688	$ 734,146	
					
Excess Revenues/(Expenditures)	$	272,992	$	370,357	$  271,589	$	641,946	$ 272,525	

11/1/20 Interest Payment	$	265,917

Development
Type	
Units	Gross
Per Unit	Gross
Assessments	
SF- Active Adult Lots	346	$405	$140,130	
SF- Residental	777	$838	$651,126	
Less Disc. + Collections 7%			$59,576	
Net Annual Assessment			$731,680	

7

Cypress Bluff
Community Development District Special Assessment Revenue Bonds, Series 2019

Period
Ending	
Principal	Annual
Principal	Interest
Rate	
Interest	Annual
Debt	

5/1/19	
$11,565,000	
$	330,000	
3.75%	
$	128,688.29		
11/1/19				$	269,573.13	$	728,261.42	
5/1/20	$11,235,000	$	195,000	3.75%	$	269,573.13		
11/1/20				$	265,916.88	$	730,490.01	
5/1/21	$11,040,000	$	200,000	3.75%	$	265,916.88		
11/1/21				$	262,166.88	$	728,083.76	
5/1/22	$10,840,000	$	210,000	3.75%	$	262,166.88		
11/1/22				$	258,229.38	$	730,396.26	
5/1/23	$10,630,000	$	215,000	3.75%	$	258,229.38		
11/1/23				$	254,198.13	$	727,427.51	
5/1/24	$10,415,000	$	225,000	3.75%	$	254,198.13		
11/1/24				$	249,979.38	$	729,177.51	
5/1/25	$10,190,000	$	235,000	4.125%	$	249,979.38		
11/1/25					$	245,132.50	$	730,111.88	
5/1/26	$ 9,955,000	$	245,000		4.125%	$	245,132.50		
11/1/26					$	240,079.38	$	730,211.88	
5/1/27	$ 9,710,000	$	255,000		4.125%	$	240,079.38		
11/1/27					$	234,820.00	$	729,899.38	
5/1/28	$ 9,455,000	$	265,000		4.125%	$	234,820.00		
11/1/28					$	229,354.38	$	729,174.38	
5/1/29	$ 9,190,000	$	275,000		4.125%	$	229,354.38		
11/1/29					$	223,682.50	$	728,036.88	
5/1/30	$ 8,915,000	$	290,000		4.125%	$	223,682.50		
11/1/30					$	216,577.50	$	730,260.00	
5/1/31	$ 8,625,000	$	305,000		4.90%	$	216,577.50		
11/1/31					$	209,105.00	$	730,682.50	
5/1/32	$ 8,320,000	$	320,000		4.90%	$	209,105.00		
11/1/32					$	201,265.00	$	730,370.00	
5/1/33	$ 8,000,000	$	335,000		4.90%	$	201,265.00		
11/1/33					$	193,057.50	$	729,322.50	
5/1/34	$ 7,665,000	$	350,000		4.90%	$	193,057.50		
11/1/34					$	184,482.50	$	727,540.00	
5/1/35	$ 7,315,000	$	370,000		4.90%	$	184,482.50		
11/1/35					$	175,417.50	$	729,900.00	
			
8				

Cypress Bluff
Community Development District Special Assessment Revenue Bonds, Series 2019

Period
Ending	
Principal	Annual
Principal	Interest
Rate	
Interest	Annual
Debt	

5/1/36	
$ 6,945,000	
$	390,000	
4.90%	
$	175,417.50		
11/1/36				$	165,862.50	$	731,280.00	
5/1/37	$ 6,555,000	$	410,000	4.90%	$	165,862.50		
11/1/37				$	155,817.50	$	731,680.00	
5/1/38	$ 6,145,000	$	430,000	4.90%	$	155,817.50		
11/1/38				$	145,282.50	$	731,100.00	
5/1/39	$ 5,715,000	$	450,000	4.90%	$	145,282.50		
11/1/39				$	134,257.50	$	729,540.00	
5/1/40	$ 5,265,000	$	475,000	5.10%	$	134,257.50		
11/1/40				$	122,145.00	$	731,402.50	
5/1/41	$ 4,790,000	$	500,000	5.10%	$	122,145.00		
11/1/41				$	109,395.00	$	731,540.00	
5/1/42	$ 4,290,000	$	525,000	5.10%	$	109,395.00		
11/1/42				$	96,007.50	$	730,402.50	
5/1/43	$ 3,765,000	$	550,000	5.10%	$	96,007.50		
11/1/43				$	81,982.50	$	727,990.00	
5/1/44	$ 3,215,000	$	580,000	5.10%	$	81,982.50		
11/1/44				$	67,192.50	$	729,175.00	
5/1/45	$ 2,635,000	$	610,000	5.10%	$	67,192.50		
11/1/45				$	51,637.50	$	728,830.00	
5/1/46	$ 2,025,000	$	640,000	5.10%	$	51,637.50		
11/1/46				$	35,317.50	$	726,955.00	
5/1/47	$ 1,385,000	$	675,000	5.10%	$	35,317.50		
11/1/47				$	18,105.00	$	728,422.50	
5/1/48	$	710,000	$	710,000	5.10%	$	18,105.00		
11/1/48				$	-	$	728,105.00	

Total	$ 11,565,000	$ 10,320,768.37	$ 21,157,663.37

9

A.

RESOLUTION 2019-09

THE ANNUAL APPROPRIATION RESOLUTION OF THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGETS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2019, AND ENDING SEPTEMBER 30, 2020; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2019, submitted to the Board of Supervisors (“Board”) of the Cypress Bluff Community Development District (“District”) proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2019 and ending September 30, 2020 (“Fiscal Year 2019/2020”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

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

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

WHEREAS, the District Manager posted the Proposed Budget on the District’s website at least two days before the public hearing; and

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

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

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

SECTION 1.	BUDGET

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

The Proposed Budget, attached hereto as Exhibit “A,” as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.

The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Cypress Bluff Community Development District for the Fiscal Year Ending September 30, 2020.”

The Adopted Budget shall be posted by the District Manager on the District’s official website within thirty (30) days after adoption, and shall remain on the website for at least 2 years.

SECTION 2.	APPROPRIATIONS

There  is  hereby  appropriated  out  of  the  revenues  of  the  District,  for  Fiscal  Year
2019/2020,  the  sum of $ 	to  be  raised  by  the  levy  of  assessments and/or
otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$ 	

DEBT SERVICE FUND – SERIES 2019	$ 	

TOTAL ALL FUNDS	$ 	

SECTION 3.	BUDGET AMENDMENTS

Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2019/2020 or within 60 days following the end of the Fiscal Year 2019/2020 may amend its Adopted Budget for that fiscal year as follows:

The Board may authorize an increase or decrease in line item appropriations within a fund by motion recorded in the minutes if the total appropriations of the fund do not increase.

The District Manager or Treasurer may authorize an increase or decrease in line item appropriations within a fund if the total appropriations of the fund do not increase and if the aggregate change in the original appropriation item does not exceed $10,000 or 10% of the original appropriation.

By resolution, the Board may increase any appropriation item and/or fund to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

Any other budget amendments shall be adopted by resolution and consistent with Florida law.

The District Manager or Treasurer must establish administrative procedures to ensure that any budget amendments are in compliance with this Section 3 and Section 189.016, Florida Statutes, among other applicable laws. Among other procedures, the District Manager or Treasurer must ensure that any amendments to budget under subparagraphs c. and d. above are posted on the District’s website within 5 days after adoption and remain on the website for at least 2 years.

SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 27th DAY OF AUGUST, 2019.

ATTEST:	CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its: 	

B.

RESOLUTION 2019-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2019/2020; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; 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 established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and

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

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

WHEREAS, the Board of Supervisors (“Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the fiscal year beginning October 1, 2019 and ending September 30, 2020 (“Fiscal Year 2019/2020”), attached hereto as Exhibit “A;” and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the Adopted Budget; and

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

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

WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Adopted Budget; and

WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2019/2020; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and

WHEREAS, it is in the best interests of the District to adopt the assessment roll (“Assessment Roll”) attached to this Resolution as Exhibit “B,” and to certify the portion of the Assessment Roll related to certain developed property (“Tax Roll Property”) to the County Tax Collector pursuant to the Uniform Method and to directly collect the portion of the Assessment Roll relating to the remaining property (“Direct Collect Property”), all as set forth in Exhibit “B;” and

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

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

SECTION 1. BENEFIT & ALLOCATION FINDINGS.  The  provision  of  the  services, facilities, and operations as described in Exhibit “A” confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibits “A” and “B,” and is hereby found to be fair and reasonable.

SECTION 2. ASSESSMENT IMPOSITION. Pursuant to Chapters 190 and 197,  Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special assessments, a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District and in accordance with Exhibits “A” and “B.”  The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution.

SECTION 3. COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST.

Tax Roll Assessments. The operations and maintenance special assessments and previously levied debt service special assessments imposed on the Tax Roll Property shall be collected at the same time and in the same manner as County taxes in accordance with the Uniform Method, as set forth in Exhibits “A” and “B.”

Direct Bill Assessments. The operations and maintenance special assessments and previously levied debt service special assessments imposed on the Direct Collect Property shall be collected directly by the District in accordance with Florida law, as set forth in Exhibits “A” and “B.” Assessments directly collected by the District are

due in full on December 1, 2019; provided, however, that, to the extent permitted by law, the assessments due may be paid in several partial, deferred payments and according to the following schedule: 50% due no later than December 1, 2019, 25% due no later than February 1, 2020 and 25% due no later than May 1, 2020. In the event that an assessment payment is not made in accordance with the schedule stated above, the whole assessment – including any remaining partial, deferred payments for Fiscal Year 2019/2020, shall immediately become due and payable; shall accrue interest, penalties in the amount of one percent (1%) per month, and all costs of collection and enforcement; and shall either be enforced pursuant to a foreclosure action, or, at the District’s sole discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Any prejudgment interest on delinquent assessments shall accrue at the rate of any bonds secured by the assessments, or at the statutory prejudgment interest rate, as applicable. In the event an assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings pursuant to Chapter 170, Florida Statutes, or other applicable law to collect and enforce the whole assessment, as set forth herein.

Future Collection Methods. The decision to collect special assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

SECTION 4. ASSESSMENT ROLL. The Assessment Roll, attached to this Resolution as Exhibit “B,” is hereby certified for collection. That portion of the Assessment Roll which includes the Tax Roll Property is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the District.

SECTION 5. ASSESSMENT ROLL  AMENDMENT.  The  District  Manager  shall  keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution, and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records.

SECTION 6. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.

PASSED AND ADOPTED this 27th day of August, 2019.

ATTEST:	CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By:	 Its: 	

Exhibit A:	Budget
Exhibit B:	Assessment Roll (Uniform Method) Assessment Roll (Direct Collect)

SEVENTH ORDER OF BUSINESS

B.

Cypress Bluff Community Development District Series 2019 Acquisition and Construction Bonds

REQUISITION SUMMARY

Tuesday,August27,2019	
Date of
Reauisition	
Rea#	
Pavee	
Reference	
INVOICE AMOUNT	
2018 Ac<i  Sold Parcels Account		

8/27/2019	
13	
Hopping Green & Sams	
Professionals services related to oroject construction - Invoice 108985	
$2 029.23	

8/27/2019	
14	
Connellv & Wicker. Inc.	
Professional services related toe-Town Amenitv - Invoice 19010014-05	
$9 679.07	

8/27/2019	
15	
Basham & Lucas Oesian Group, Inc.	
Professional services related toe-Town Amenitv- Invoice 7837	
$3 930.00	

8/27/2019	
16	
Basham & Lucas Oesian Group, Inc.	
Professional services related toe-Town Amenitv- Invoice 7871	
$23 560.00	
	
	TOTAL REQUISITIONS TO BE APPROVED August 27, 2019	$39,198.30	

.. 27,1t Ra,q s...iwr.r,.•

FORM OF REQUISITION
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2019

The undersigned, a Responsible Officer of the Cypress Bluff Community Development District (the "Issuer") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the Issuer and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Trustee"), dated as of February 1, 2019, as supplemented by that certain First Supplemental Trust Indenture dated as of February 1, 2019 (collectively, the 11lndenture")  (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number:	13

Name of Payee:	Hopping Green & Sams
POBox6526
Tallahassee, FL 32314

Amount  Payable	.2,029.2	3

Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of Issuance, if applicable): Professionals services related to project construction - Invoice 108985
Amount, if any, that is to be used for a Deferred Cost:

Fund or Account from which disbursement to be made: Acq Sold Parcels Account

The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the Issuer;

each disbursement set forth above is a proper charge against the Acquisition and Construction Fund;
each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;

each disbursement represents a Cost of the Project which has not previously been
paid.

The undersigned hereby further certifies that there has not been filed with or served upon the Issuer notice of any lien,right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

26875/001/01382071.DOCXv4

D-1

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the Issuer is at the date of such certificate entitled to retain.

Originals or copies of the invoice(s) from the vendor of the property acquired or the services rendered, or other appropriate documentation of costs paid, with respect to which disbursement is hereby requested are on file with the Issuer.

CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

By	­
Responsible Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement for other than Costs of Issuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

Date: August 27, 2019

26875/001/01382071.DOCXv4

Hopping Green & Sams
Attorneys and Counselors
119 S. Momoe street Ste. 300
P.O. Box 6526
Tallahassee, Fl 32314
850.222.7500
==============================	=== STATEMENT ===== -================== =======
July 31, 2019

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

Bill Number 108985 Billed through 06/30/2019

Project Construction
CBCDD	00103	KSB

mB fBQEl;SSIO AL SERVJCES BliNl21iB1;12	
06/06/19	KEM	Confer with chairman regarding acquisition agreement.	0.10 hrs	
06/17/19	KSB	Begin preparation of acquisitio n package; confer with Weeber.	1.20 hrs	
06/17/19	KEM	Prepare acquisition documents.	1.80 hrs	
06/18/19	KSB	Review acquisition materials and prepare acquisition package.	1.60 hrs	
06/19/19	KSB	Prepare acquisition package.	1.40 hrs	
06/24/19	KSB	Prepare acquisition package.	1.90 hrs	
06/25/19	KEM	Prepare resolution approving conveyance and acquisition.	0.20 hrs	
06/28/19	KEM	Attend conference call regarding acquisitions.	0.50 hrs	
Total fees for this matter	$2,002.50

MAUER SUMMARY

Ibarra, Katherine E. - Paralegal	2.60 hrs	125 /hr	$325.00	
Buchanan, Katie S.	6.10 hrs	275 /hr	$1,677.50	
TOTAL FEES			$2,002.50	
INTEREST CHARGE ON PAST DUE BALANCE			$26.73	
TOTAL CHARGES FOR THIS MATTER			$2,029.23	
BILLING  SUMMARY

Ibarra, Katherine E. - Paralegal	2.60 hrs	125 /hr	$325.00	
Buchanan, Katie S.	6.10 hrs	275 /hr	$1,677.50	

TOTAL FEES	$2,002.50

Project Construct{on	Bill No. 108985	Page 2
   ==================================================================== ==========

INTEREST CHARGE ON PAST DUE BALANCE

TOTAL CHARGES FOR THIS BILL

$26.73

$2,029.23

Please include the bill number on vour check.

FORM OF REQUISITION
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2019

The undersigned, a Responsible Officer of the Cypress Bluff Community Development District (the "Issuer") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the Issuer and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Trustee"), dated as of February 1, 2019, as supplemented by that certain First Supplemental Trust Indenture dated as of February I, 2019 (collectively, the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number:	14

Name of Payee:	Connelly & Wicker, Inc.
10060 Skinner Lake Drive, Suite 500
Jacksonville, FL 32246

Amount Payable	9,679.07

Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of Issuance, if applicable): Professional services related to e-Town Amenity - Invoice 19010014-05

Amount, if any. that is to be used for a Deferred Cost:

Fund or Account from which disbursement to be made: Acq Sold Parcels Account

The undersigned hereby certifies that:
l .	obligations in the stated amount set forth above have been incurred by the Issuer;

each disbursement set forth above is a proper charge against the Acquisition and Construction Fund;
each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;

paid.

each disbursement represents a Cost of the Project which has not previously been

The undersigned hereby further certifies that there has not been filed with or served upon

the Issuer notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
26875/001/01382071.DOCXv4
D-1

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the Issuer is at the date of such certificate entitled to retain.

Originals or copies of the invoice(s) from the vendor of the property acquired or the services rendered, or other appropriate documentation of costs paid, with respect to which disbursement is hereby requested are on file with the Issuer.

CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

By:	­
Responsible Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement for other than Costs of Issuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

Date: August 27, 2019

26875/001/01382071.DOCXv4

Landscape Architecture

Project No: Invoice No:

19-01-0014
19010014-05

Cypress Bluff COD Attn: David Ray davld@nocatee.com MWhite@parcgroup.net 245 Nocatee Center Ponte Vedra, FL 32081

Project	19-01-0014	E-Town Amenity

Professional services include engineering design and coordination with team members and completion of PUD verification.
Professional Services from June 1, 2019 to June 28, 2019
Phase	Total JTD	Previous	Current
C1 Prelim Site Plan & Analysis	8,000.00	100.00	8,000.00	7,210.00	790.00	
C2 PUD Verification	4,000.00	100.00	4,000.00	2,200.00	1,800.00	
C3 Engineering Design & Plan Prep	36,000.00	25.00	9,000.00	2,000.00	7,000.00	
C4 Design Coordination	4,000.00	9.125	365.00	300.00	65.00	
cs Permitting	15,000.00	0.00	0.00	0.00	0.00	
C6 Borrow Pit Design	12,000.00	0.00	0.00	0.00	0.00	
CA1 Final Cert & Const.Obseiv.-Hrly	17,000.00	0.00	0.00	0.00	0.00	
ZCONS G1 Geotech Exploration & Ph 1	6,670.00	0.00	0.00	0.00	0.00	
ZCONS G2 Geotech Exploration & Analysis	9,315.00	0.00	0.00	0.00	0.00	
ZCONS ENV1 Tortoise Survey & FWC Permitt	4,025.00	0.00	0.00	0.00	0.00	
ZCONS ENV2 Gopher Tortoise Relocation	3,737.50	0.00	0.00	0.00	0.00	
ZCONS ENV3 Exclusion Fence Coordination	460.00	0.00	0.00	0.00	0.00	
ZCONS Subconsultant Expense	0.00	0.00	0.00	0.00	0.00	
ZREIM Reimbursable Expense	4,500.00	0.7044	31.70	7.63	24.07	
Total Fee	124,707.50		21,396.70	11,717.63	9,679.07	

Total this Invoice	$9,679.07

BIiied to Date

Current
9,679.07

Prior
11,717.63

Total
21,396.70

Received
4, 217.63

Due
17,179.07

Authorized by:	 	

Justin Williams, Project Manager

10060 Skinner Lake Drive • Suite 500 • Jackso nvill e, FL 322.46·747 I • phone 90 4.265.3030 • fax 904 . 26 S. 30 3 I • www.cw ieng.com Professional Licenses: Engineering FL #3650 I GA #P£F004448 • Landscape Architecture FL #LCZ60003 I 1
Jacksonville  •  Orlando , florid.:1

Backup Report

Connelly & Wicker Inc.
As of 6/28/2019

BIiiing	Date	Employee/	Description
Project Number: 19-01-0014 E-Town Amenity

Units	Rate	Amount

Expenses:
4/15/2019	Williams, Justin Mtg at Pare HQ				7.63	
5/29/2019	Williams, Justin SJRWMD Mtg				6.54	
5/31/2019	21.0 Copies@ 0.10		21.00	.10	2.10	
6/28/2019	78.0 Copies @ 0.10		78.00	.10	7.80	
		Total			24.07	

v7.6.739 (NANCYK)	Page 1 of 1

FORM OF REQUISITION
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2019

The undersigned, a Responsible Officer of the Cypress Bluff Community Development District (the "Issuer") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the Issuer and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Trustee"), dated as of February 1, 2019, as supplemented by that certain First Supplemental Trust Indenture dated as of February 1, 2019 (collectively, the 11Indent ure") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number:	15

Name of Payee:	Basham & Lucas Design Group, Inc.
7645 Gate Parkway, Suite 201
Jacksonville, FL 32256

Amount Payable	3,930.00

Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of Issuance, if applicable): Professional services related to e-Town Amenity • Invoice 7837

Amount, if any, that is to be used for a Deferred Cost:

Fund or Account from which disbursement to be made: Acq Sold Parcels Account

The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the Issuer;

each disbursement set forth above is a proper charge against the Acquisition and Construction Fund;

each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;

each disbursement represents a Cost of the Project which has not previously been
paid.

The undersigned hereby further certifies that there has not been filed with or served upon the Issuer notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof

26875/001/01382071.DOCXv4

D-1

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the Issuer is at the date of such certificate entitled to retain.

Originals or copies of the invoice(s) from the vendor of the property acquired or the services rendered, or other appropriate documentation of costs paid, with respect to which disbursement is hereby requested are on file with the Issuer.

CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

By: --------------
Responsible Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement for other than Costs of Issuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

Date: August 27, 2019

26875/001/01382071.00CXv4

7834

6/11/2019

DATE	INVOICE#

Invoice

BILL TO

7645 Gate Parkway Suite 201
Jacksonville, FL 32256

Cypress Bluff COD
Mikey White
4310 Pablo Oaks Court
Jacksonville, FL 32224

(904) 731-2323

www.bashamlucas.com

PROJECT	I
CONTRACT SERVICES
Part 1: Amenity Area Architectural Concept Part 2: Amenity Area Design Development
Part 3: Architectural Construction Documents of the	E Town
CONTRACT
14,200.00
26,200.00
49,500.00	Amenity 19-02
TO DATE	Total%
14,200.00	100,00%
3,930.00	30.00%
0.00%	

AMOUNT DUE
0.00
3,930.00
0.00	
Clubhouse and Pool Equipment Building					
Part 4: Interior Design Construction Documents	9,800.00		0.00%	0.00	
Part 5: Amenity Area Hardscape Construction	17,400.00		0.00%	0.00	
Documents					
Part 6: Amenity Area Site Electrical Engineering	4,800.00		0.00%	0.00	
Part 7: Landscape Architectural and Irrigation
Design	14,600.00		0.00%	0.00	
Part 8: Swimming Pool and Splash Park	19,800.00		0.00%	0.00	
Engineering Documents {max 7,500 sf pool area)					
Part 9: Fine Grading Design of the Pool	4,800.00		0.00%	0,00	
Part 10: Exterior Color/Material Selection for
Amenity Improvements	6,200.00		0.00%	0.00	
Part 11: Amenity Area Signage	3,600.00		0.00%	0.00	
Part 12: Color Digital Renderings {Perspective View	3,200.00		0.00%	0.00	
of the Amenity Area					
Part 12 (B) Color rendering of the Amenity Site Plan	1,800.00		0.00%	0.00	
Part 13: Contractor Pre qualification and Bid
Process for COO	2,200.00		0.00%	0.00	
Part 14: Hourly at $100 per hr (not to exceed	2,500.00		0.00%	0.00	
$2,500)					
Part 15: Shop Drawing Review for the Amenity Area	15,500.00		0.00%	0.00	
Part 16: Hourly@$100hr (nte $15,000)	15,000.00		0.00%	0.00	
We appreciate your business, thank you.	TOTAL	$3,930.00	

FORM OF REQUISITION
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2019

The undersigned, a Responsible Officer of the Cypress Bluff Community Development District (the "Issuer") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the Issuer and The Bank of New York Mellon Trust Company, N.A., as trustee (the "Trustee"), dated as of February 1, 2019, as supplemented by that certain First Supplemental Trust Indenture dated as of February 1, 2019 (collectively, the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the lndentute):
Requisition Number:	16

Name of Payee:	Basham & Lucas Design Group, Inc.
7645 Gate Parkway, Suite 201
Jacksonville, FL 32256

Amount Payable	23,560.00

Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs oflssuance, if applicable): Professional services related toe-Town Amenity - Invoice 7871

Amount, if any, that is to be used for a Deferred Cost:

Fund or Account from which disbursement to be made: Acq Sold Parcels Account

The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the Issuer;
each disbursement set forth above is a proper charge against the Acquisition and Construction Fund;
each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;

each disbursement represents a Cost of the Project which has not previously been
paid.

The undersigned hereby further certifies that there has not been filed with or served upon the Issuer noticeof any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
26875/001/0138207.D1 OCXv4
D-1

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the Issuer is at the date of such certificate entitled to retain.

Originals or copies of the invoice(s) from the vendor of the property acquired or the services rendered, or other appropriate documentation of costs paid, with respect to which disbursement is hereby requested are on file with the Issuer.

CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT

By: --------------
Responsible Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement for other than Costs of Issuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

Date: August 27, 2019

26875/001/01382071.DOCXv4

D·2

BASHAM
t&LUCAS
A DESIGN GROUP, INC.
PLANNING• ARCHITEC1\IRE • LANDSCAPE

BILL TO

7645 Gate Parkway Suite 201
Jacksonville, FL 32256

Cypress Bluff COD Mikey White
4310 Pablo Oaks Court
Jacksonville, FL 32224

(904) 731-2323

www.bashamlucas.com

Invoice

7871

7/11/2019

DATE	INVOICE #

PROJECT	I
CONTRACT SERVICES
Part 1: Amenity Area Architectural Concept Part 2: Amenity Area Design Development
Part 3: Architectural Construction Documents of the	E Town
CONTRACT
14,200.00
26,200.00
49,500.00	Amenity 19-02
TO DATE	Total%
14,200.00	100.00%
7,860.00	100.00%
0.00%	

AMOUNT DUE
0.00
18,340.00
0.00	
Clubhouse and Pool Equipment Building				
0.00
5,220.00

0.00
0.00

0.00

0.00
0.00

0.00
0.00

0.00
0.00

0.00

0.00
0.00	
Part 4: Interior Design Construction Documents	9,800.00		0.00%		
Part 5: Amenity Area Hardscape Construction	17,400.00		30.00%		
Documents					
Part 6: Amenity Area Site Electrical Engineering	4,800.00		0.00%		
Part 7: Landscape Architectural and Irrigation	14,600.00		0.00%		
Design					
Part 8: Swimming Pool and Splash Park	198, 00.00		0.00%		
Engineering Documents {max 7,500 sf pool area}					
Part 9: Fine Grading Design of the Pool	4,800.00		0.00%		
Part 10: Exterior Color/Material Selection for	6,200.00		0.00%		
Amenity Improvements					
Part 11: Amenity Area Signage	3,600.00		0.00%		
Part 12: Color Digital Renderings {Perspective View	3,200.00		0.00%		
of the Amenity Area					
Part 12 {b) Color rendering of the Amenity Site Plan	1,800.00		0.00%		
Part 13: Contractor Pre qualification and Bid	2,200.00		0.00%		
Process for CDD					
Part 14: Hour1y at $100 per hr (not to exceed	2,500.00		0.00%		
$2,500)					
Part 15: Shop Drawing Review for the Amenity Area	15,500.00		0.00%		
Part 16: Hour1y@$100hr (nte $15,000)	15,000.00		0.00%		
We appreciate your business, thank you.	TOTAL	$23,560.00	

C.

NOTICE OF BOARD OF SUPERVISORS MEETING DATES
CYPRESS BLUFF COMMUNITY DEVELOPMENT DISTRICT FOR FISCAL YEAR 2019-2020

The Board of Supervisors of the Cypress Bluff Community Development District will hold their regular meetings for Fiscal Year 2019-2020 at the Duval County Southeast Regional Library located at 10599 Deerwood Park Boulevard, Jacksonville, Florida 32256 at 1:30 p.m. on the fourth Tuesday of each month unless otherwise indicated as follows:

October 22, 2019
November 19, 2019 (*third Tuesday)
December 17, 2019 (*third Tuesday)
January 28, 2020
February 25, 2020
March 24, 2020
April 28, 2020
May 26, 2020
June 23, 2020
July 28, 2020
August 25, 2020
September 22, 2020

EIGHTH ORDER OF BUSINESS

A.

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

Cypress Bluff
Community Development District
Combined Balance Sheet
July 31, 2019
Governmental Fund Types
Totals
Debt	Capital	(Memorandum Only)
 	General	 	Service	 	Projects	 	2019	
Assets:
Cash	
$7,152		
---		
---		
$7,152	
Due from Developer Investments:
Reserve	$73,663

---		---

$365,840		---

---		$73,663

$365,840	
Revenue	---		$13,012		---		$13,012	
Acquisition & Construction- Parcel E3A	---		---		$923,673		$923,673	
Acquisition & Construction- Parcel E5	---		---		$2,058,316		$2,058,316	
Acquisition & Construction- Parcel E7A	---		---		$1,629,500		$1,629,500	
Acquisition & Construction- Sold Parcels	---		---		$3,832,365		$3,832,365	
Cost of Issuance	---		---		$3,971		$3,971	
Due From General Fund	---		$26,718		---		$26,718	
Due from Debt Service	$14,543		---		---		$14,543	
Total Assets	 	$95,358 		 	$405,570 		 	$8,447,825 		 	$8,948,753 	
Liabilities:
Accounts Payable	

$20,933		

---		

---		

$20,933	
Accrued Expenses	$4,142		---		---		$4,142	
Due to Debt Service	$26,718		---		---		$26,718	
Due to General Fund	---		$14,543		---		$14,543	
Due to Other	---		$20,000		---		$20,000	
FICA Payable	---		---		---		$0	
Fund Balances:
Nonspendable	
---		
---		
---		
$0	
Restricted for Debt Service	---		$371,027		---		$371,027	
Unassigned	 	$43,566 		 	--- 		 	$8,447,825 		 	$8,491,391 	
Total Liabilities and Fund Equity	 	$95,358 		 	$405,570 		 	$8,447,825 		 	$8,948,753 	

Page 1

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

ADOPTED	PRORATED
BUDGET	
ACTUAL		
Description	BUDGET	THRU 7/31/19	THRU 7/31/19	VARIANCE	

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

Expenditures					
Administrative					
Supervisor Fees	$0	$0	$7,400	($7,400)	
FICA Expense	$0	$0	$597	($597)	
Engineering	$15,000	$12,500	$3,530	$8,970	
Arbitrage	$600	$500	$0	$500	
Dissemination Agent	$3,500	$2,917	$1,458	$1,458	
Attorney	$20,000	$16,667	$13,485	$3,182	
Annual Audit	$5,000	$4,167	$0	$4,167	
Trustee Fees	$4,000	$3,333	$0	$3,333	
Management Fees	$45,000	$37,500	$37,500	$0	
Construction Accounting	$3,500	$2,917	$0	$2,917	
Information Technology	$1,200	$1,000	$1,000	$0	
Telephone	$300	$250	$13	$237	
Postage	$1,500	$1,250	$98	$1,152	
Printing & Binding	$1,000	$833	$1,979	($1,146)	
Insurance	$5,800	$5,800	$5,000	$800	
Legal Advertising	$4,000	$3,333	$1,621	$1,712	
Other Current Charges	$600	$500	$329	$171	
Office Supplies	$1,000	$833	$18	$815	
Project Services	$0	$0	$2,000	($2,000)	
Dues, Licenses & Subscriptions	$175	$175	$175	$0	
Website design/compliance	$4,500	$3,750	$0	$3,750	
Total Expenditures	$116,675	$98,225	$76,202	$22,023	
					
Excess Revenues/Expenses	$0		$40,473		
					
Fund Balance - Beginning	$0		$3,093		
					
Fund Balance - Ending	$0		$43,566		

Page 2

Cypress Bluff
Community Development District
Debt Service Fund Statement of Revenues & Expenditures For The Period Ending July 31, 2019

PROPOSED	PRORATED
BUDGET	
ACTUAL		
Description	BUDGET	THRU 7/31/19	THRU 7/31/19	VARIANCE	

Revenues					
Special Assessments- Direct	$731,680	$460,841	$460,841	$0	
Assessments- Prepayments	$0	$0	$0	$0	
Interest Income	$2,000	$1,500	$3,034	$1,534	
Total Revenues	$733,680	$462,341	$463,875	$1,534	

Expenditures					
Series 2019					
Interest-11/1	$0	$0	$0	$0	
Principal-5/1	$330,000	$330,000	$330,000	$0	
Interest-5/1	$128,688	$128,688	$128,688	$0	
Total Expenditures	$458,688	$458,688	$458,688	$0	

OTHER SOURCES/(USES)					
Bond Proceeds	$365,840	$365,840	$365,840	$0	
TOTAL OTHER SOURCES AND USES	$365,840	$365,840	$365,840	$0	
					
Excess Revenues (Expenditures)	$640,832		$371,027		
					
Fund Balance - Beginning	$0		$0		
					
Fund Balance - Ending	$640,832		$371,027		

Page 3

Cypress Bluff
Community Development District
Capital Projects Fund Statement of Revenues & Expenditures For The Period Ending July 31, 2019

ADOPTED	PRORATED
BUDGET	
ACTUAL		
Description	BUDGET	THRU 7/31/19	THRU 7/31/19	VARIANCE	

Revenues:					
Interest	$0	$0	$69,969	$69,969	
Total Revenues	$0	$0	$69,969	$69,969	

Expenditures					
Capital Outlay	$0	$0	$2,408,975	($2,408,975)	
Cost of Issuance	$0	$0	$412,330	($412,330)	
Total Expenditures	$0	$0	$2,821,304	($2,821,304)	

OTHER SOURCES/(USES)					
Bond Proceeds	$0	$0	$11,199,160	($11,199,160)	
TOTAL OTHER SOURCES AND USES	$0	$0	$11,199,160	($11,199,160)	
					
Excess Revenues (Expenditures)	$0		$8,447,825		
					
Fund Balance - Beginning	$0		$0		
					
Fund Balance - Ending	$0		$8,447,825		

Page 4

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	
$116,675	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$0	
$116,675	
Miscellaneous Income	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Total Revenues	$116,675	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$116,675	

Expenditures:														
Administrative
Supervisor Fees	
$800	
$0	
$0	
$1,000	
$1,800	
$0	
$1,000	
$1,000	
$1,000	
$800	
$0	
$0	
$7,400	
FICA Expense	$61	$0	$0	$61	$230	$0	$61	$61	$61	$61	$0	$0	$597	
Engineering	$789	$411	$1,358	$0	$0	$0	$0	$972	$0	$0	$0	$0	$3,530	
Arbitrage	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Dissemination Agent	$0	$0	$0	$0	$0	$292	$292	$292	$292	$292	$0	$0	$1,458	
Attorney	$3,801	$388	$602	$1,814	$3,811	$1,491	$1,578	$0	$0	$0	$0	$0	$13,485	
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	$3,750	$3,750	$3,750	$3,750	$3,750	$3,750	$0	$0	$37,500	
Construction Accounting	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Information Technology	$100	$100	$100	$100	$100	$100	$100	$100	$100	$100	$0	$0	$1,000	
Telephone	$0	$0	$0	$0	$0	$0	$0	$0	$13	$0	$0	$0	$13	
Postage	$0	$0	$0	$0	$0	$0	$0	$0	$98	$0	$0	$0	$98	
Printing & Binding	$527	$250	$0	$57	$266	$352	$47	$130	$350	$0	$0	$0	$1,979	
Insurance	$5,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,000	
Legal Advertising	$722	$0	$173	$85	$88	$95	$186	$95	$88	$90	$0	$0	$1,621	
Other Current Charges	$21	$50	$21	$22	$23	$24	$27	$28	$90	$22	$0	$0	$329	
Office Supplies	$0	$0	$0	$0	$0	$0	$0	$0	$18	$0	$0	$0	$18	
Project Services	$0	$0	$1,000	$0	$0	$1,000	$0	$0	$0	$0	$0	$0	$2,000	
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	$7,004	$6,889	$10,068	$7,102	$7,041	$6,428	$5,860	$5,114	$0	$0	$76,202	
														
Excess Revenues (Expenditures)	$100,929	($4,949)	($7,004)	($6,889)	($10,068)	($7,102)	($7,041)	($6,428)	($5,860)	($5,114)	$0	$0	$40,473	

Page 5

Cypress Bluff
Community Development District Long Term Debt Report

Series 2019 Special Assessments Revenue Bonds		
Interest Rate:	3.75-5.1%	
Maturity Date:	5/1/2048	
Reserve Fund Definition:	50% Max Annual Debt	
Reserve Fund Requirement:	$365,840.00	
Reserve Fund Balance:	$365,840.00	

Bonds outstanding - 9/30/2018	
$11,565,000	
Mandatory Principal- 5/1/2019	($330,000)	
Current Bonds Outstanding	$11,235,000	

Page 6

Cypress Bluff CDD FY2019 Developer Funding

Amount Owed

Amount Paid

Budgeted Amount Due

% Per Funding Agreements

Landowner

Pulte	9.78%	$11,407	$7,928	$3,479	
David Weekley	12.52%	$14,609	$9,567	$5,042	
Toll Brothers	23.50%	$27,418	$25,517	$1,901	
Eastland Timber	46.20%	$53,901	$0	$53,901	
ICI Homes	4.50%	$5,253	$0	$5,253	
Providence	3.50%	$4,086	$0	$4,086	

 	$116,675	 	$43,012	 	$73,663 

Page 7

B.

Cypress Bluff
Community Development District

Check Run Summary
July 31, 2019

Fund	Date	Check No.	Amount

Payroll

7/1/19	50045-50049	$
7/30/19	50050-50053	$

938.80
738.80

Subtotal	 $	1,677.60 

General Fund

7/17/19	45-50

$	60,177.88

Subtotal	 $	60,177.88 

Total	$ 61,855.48

PR300R	PAYROLL CHECK REGISTER
CHECK	EMP #	EMPLOYEE NAME
#
50045	3	CHRIS PRICE
50046	5	JOHN L HOLMES III

RUN	7/01/19	PAGE	1
CHECK	CHECK
AMOUNT	DATE
184.70	7/01/2019
184.70	7/01/2019

50047	2
50048	1
50049	4

JOHN S HEWINS JR RICHARDT RAY STEVE GROSSMAN

184.70
184.70
200.00

7/01/2019
7/01/2019
7/01/2019

TOTAL FOR REGISTER	938.80

CYBL -CYPRESS BLUF' OLAUGHLIN

Attendance Sheet
District Name:	Cypress Bluff CDD

BoaTd Meeting Date: June 25, 2019

8$200

Chris Price
Assistant Secretary

5

$200

Steve Grossman
Assistant Secretary

4

00

John Holmes
Vice Chairman

3

00

John Hewins
Assistant Secretary

2

o

Richai-d Ray
Chabperson

1

Fee

In Attendance

 	Name

The Supervisors present at the above-referenced meeting should be compensated accordingly.

er Signature

Date	I	t

PLEASE RETURN COMPLETED FORM TO HANNAH SMITH

PR300R	PAYROLL CHECK REGISTER
CHECK	EMP #	EMPLOYEE NAME
#

- - -	- - -- -  -

50050	3	CHRIS PRICE
-	- -

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

50051	5	JOHN L HOLMES III
-	-	-

RUN	7/30/19	PAGE	l
CHECK	CHECK
AMOUNT	DATE
184.70	7/30/2019
184.70	7/30/2019

50052	2	JOHN s HEWINS JR	184.70	7/30/2019	
50053	1	RICHARD T RAY	184.70	7/30/2019	

TOTAL FOR REGISTER	738.80

CYBL -CYPRESS BLUF' OLAUGHLIN

Attendance Sheet

 	Name	In Attendance

District Name:	Cypress Bluff CDD Board Meeting Date: July 23, 2019

YES- $200

Chris Price
Assistant Secretary

5

YES-$200

Steve Grossman
Assistant Secretary

4

YES -$200

John Holmes
Vice Chairman

3

YES- $200

John Hewins
Assistant Secretary

2

YES-$200

Richard Ray
Chairperson

1

Fee

Approved for P

The Supervisors present at tlte above-refel'enced meeting should be compensated accordingly.

Date

PLEASE RETURN COMPLETED FORM TD HANNAH SMITH

..        ♦	••            I           •            •             ••               •          •

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

Bill To:

.  'r-te.d1. l re.,·n. \	-!•   -·-1.

Invoice #: 18

Invoice Date: 7/12/19
Due Date: 7112/19
Case:

1

P.O. Number:

Cypress Bluff COD 475 West Town Place Suite 114

t.; u \'I/ IE [ri)

St Augustine, FL 32092

ut JUL  l  5 1019	w1

\By	_J

Description	Hours/Qty

I• '3oe •2o7-/0CJ
s

Rate	Amount

May 1, 2019 debt service payment

80,000.00

80,000.00

Total	$80,000.00	
Payments/Credits	$0.00	
Balance Due	$80,000.00	

Po..r+;d. I	po.y rnen+--	7 / 11 /19 -1U,o,ooo
6,.lo.nce; $ 2.0, c, oo

INVOICE

Attn: Courtney Hogge GMS, LLC

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

 	June 18, 2019	
Date

i lE ffi5 reu	W lE , I

JUN l 7 2019

Jj

J

!

By

!'

475 WESTTOWN PLACE, STE 114 SAINT AUGUSTINE	FL	32092

Payment Due Upon Receipt

Serial# 19-05251 D
Notice of Meeting

PO/File# 		 	$88.13
Amount Due

 	
Amount Paid
Cypress Bluff Community Development District	 	$88.13
Payment Due
Case Number	 	

Publication Dates  6/18	

Payment is due before the   Proof of Publication is released.

For your convenience, you may remit payment at
jaxdailyrecord.com/send-payment.

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
(Tltis is not a proof of publication.)

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

NOTICE OF MEETING OF THE BOARD OF SUPERVISORS OF THE CYPRESS BLUFI•' COMMUNITY

DEVELOPMENT DlSTRlC'I'
The Board of Supel'visors ("Boar,n of the Cypress Bluff Community Development District will hold a meeting on Tuesday, June 25, 2019 at 1:30 p.m. at the Duval County Southeast Regional Library, 10699 Dee1·wood Park Boulevard, ,Jacksonville, Florida 32256. A ccpy of the agenda may be obtained from Governmental Management Services, LLC, 475 West 'lbwn Place, Suite 114, St. Augustine, Fl01ida 32092, Ph: (904) 940-5850 ("District Manag­ er's omce'').
The meeting is open to the
publie and wiU be conducted in accordance with the pn,vision:; of Flm·ida  law.  The   meeting  may be oontinued to a date, tin1e, and place to be specified on the record at meeting. There may be occa­ sions when Board Supervisors or District Staff will participate by speakeI· telephone.
Any person 1•equiring speeW accommodations at this meet.ing because of a disability  or  physi­ cal impairment should contact the District  Manager's  omce  at  least
forty-eight (48) hours plior to the meeting. If you are  hearing or speech impaired,  please  contact the Florida Relay Service by dial­ ing 7-1-1, or 1-800-955-8771 ('ITY)
/ 1-800-955-8770 {Voice), for aid in
contacting the District  Manager's
Office.
A person who decides to appeal a11y decision made by the Board with respect to any matter con­ sklru:ed at the meeting is advised that this same pru:son will need a record of the proceedings and that acco1'<iingly, the peI'SOn may need to ensure that a verbatim 1-ecord of the proceedings is made, including the testimony and evidence upon which the appenl is to he based.
James Perry District Manager
June 18	00(19-052510)

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

 	July 16, 2019	
Date

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

Payment Due Upon Receipt

Serial#  19-05902D	PO/File# 		 	$89.75
Amount Due
Notice of Meeting of the Board of Supervisors

Amount Paid
Cypress Bluff Community Development District	 		$89.75 Payment Due
Case Number	 	

Publication Dates  7/16	

County	Duval
----------

Payment is due before the   Proof of Publication is released.

For your convenience, you may remit payment at
jaxdailyrecord.comlsend-payment.

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
(Tftis is not a proof of publication.)

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

NOTICE OF MEETING OF THE BOARD OF SUPERVISORS OF THE CYPRESS BLUFF COMMUNITY
DEVELOPMENT DISTlUCT
The Board of Supervisors ("Board") of the Cypress Bluff Community Development District will hold a meeting on Tuesday, July 23, 2019 at 1:30 p.m. at the Duval County Southeast Regional Library, 10599 Deerwood Park Boulevard, ,Jacksonville, Florida 32256. A copy of the agenda may be obtainecl from Governmental Management Services, LLC, 475 West Town Place, Suite 114, St. Augustine, Florida 32092,  Ph: (904) 940-5850 (''District Manag­ er's Office"}.
The meeting is open  to  the publ.ie and will be conducted in accordance with the provisions of Flm'ida  law.  The   meeting  may be continued to a date, time, and place to be specified on the record at meeting. There may be occa­ sions when Board Supervism-s or Distl'ict Staff will participate by speakei· telephone.
Any person requiring special accommodations at this meeting because   of  a   disability  or physi­
eal impafrment sl10uld contact the District Manager's Office at least forty-eight (48} holll's prior to the meeting. If you are hearing or speech impah-ed, please contact the Florida Relay Service by dial­ ing 7-1-1, or 1-800-955-8771 lTTYl
/ l -800-9fi5.8170 (Voice), for aid in
contacting  the  District Manager's
Office.
A person who decides to appeal any <lecision rnade by the Board with 1-espect 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 ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the nppeal is to he based.
James Perry District Mannger
July 16	00{19-05902D)