Charles Cove Community Development District
3501 Quadrangle Boulevard, Suite 270 Orlando, FL 32817 https://charlescovecdd.com/

The meeting of the Charles Cove Community Development District Board of Supervisors will be held on October 18, 2023, at 1:00 p.m. at 43824 US-27, Davenport, FL 33837. The proposed agenda for this Board Meeting is found below.

Please use the following information to join the telephonic conferencing:

Phone: 1-844-621-3956	Participant Code: 2539 187 8943#

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm Quorum
Public Comment Period
Swearing in Newly Appointed Board Members – Matt Walker
Consideration of the Minutes of the July 19, 2023, Board of Supervisors’ Meeting

Business Matters
Ratification of Insurance with Egis for Fiscal Year 2024
Consideration of Resolution 2024-01, Adopting an Amended Budget for Fiscal Year 2022/2023
Consideration of Fee Increase from Fountain Design Group for Quarterly Fountain Maintenance
Consideration of Amenity Area Signage from A&R Contracting
Consideration of Proposal for Saltwater Pool
Consideration of Proposals for Security Services
Consideration of Proposal for Signage
Consideration of Funding Agreement with DR Horton
Ratification of Payment Authorization Nos. 126 - 135
Review of District Financial Statements

Other Business
Staff Report
District Counsel
Field Manager Report District Engineer District Manager
Supervisor Requests and/or Audience Comments

Adjournment

Charles Cove Community Development District

Oath of Office

CHARLES COVE COMMUNITY DEVELOPMENT DISTRICT
BOARD OF SUPERVISORS OATH OF OFFICE

I,	, A CITIZEN OF THE STATE OF FLORIDA AND OF THE UNITED STATES OF AMERICA, AND BEING EMPLOYED BY OR AN OFFICER OF CHARLES COVE COMMUNITY DEVELOPMENT DISTRICT AND A RECIPIENT OF PUBLIC FUNDS AS SUCH EMPLOYEE OR OFFICER, DO HEREBY SOLEMNLY SWEAR OR AFFIRM THAT I WILL SUPPORT THE CONSTITUTION OF THE UNITED STATES AND OF THE STATE OF FLORIDA.

Board Supervisor

ACKNOWLEDGMENT OF OATH BEING TAKEN

STATE OF FLORIDA
COUNTY OF 	

The foregoing oath was administered before me by means of □ physical presence or □ online  notarization,  this   day  of 	,  2023,  by
	, who is personally known to me or has produced
	 as identification, and is the person described in and who took the aforementioned oath as a Member of the Board of Supervisors of Charles Cove Community Development District and acknowledged to and before me that he/she took said oath for the purposes therein expressed.

(NOTARY SEAL)

Notary Public, State of Florida

Print Name: 	

Charles Cove Community Development District

Minutes of the July 19, 2023 Board of Supervisors’ Meeting

MINUTES OF MEETING

CHARLES COVE COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING
Wednesday, July 19, 2023, 1:00 p.m.
Ramada, 43824 US-27, Davenport, FL 33837

Board Members present:			
Pete Chichetto	Chair		
Chris Lee	Board Member		
Jerry Rodriguez Shawn Kozera	Assistant Secretary Board Member		
Also present:			
Lynne Mullins	PFM		
Jennifer Walden	PFM		
Amanda Lane Verona Griffith Meredith Hammock Madison McAdams	PFM PFM
Kilinski Van Wyk TRIAD	(via phone) (via phone)

(via phone)	

FIRST ORDER OF BUSINESS		
Roll Call to Confirm Quorum	

Ms. Mullins called the meeting to order at 1:00 p.m. and a quorum was confirmed.

SECOND ORDER OF BUSINESS	Public Comment Period

Ms. Mullins called for public comments. There were no public comments.

THIRD ORDER OF BUSINESS	Swearing in Newly Appointed Board Members – Shawn Kozera and Matt Walker

Ms. Mullins stated that Mr. Kozera was sworn in prior to the start of the meeting, and Mr. Walker will be sworn in at a later date.

FOURTH ORDER OF BUSINESS	Consideration of the Minutes of the May 18, 2023, Board of Supervisors’ Meeting

The Board reviewed the Minutes of the May 18, 2023, Board of Supervisors’ Meeting.

On MOTION by Mr. Rodriguez, seconded by Mr. Lee, with all in favor, the Board of Supervisors for the Charles Cove Community Development District approved the Minutes of the May 18, 2023, Board of Supervisors’ Meeting.

FIFTH ORDER OF BUSINESS	Consideration of Resolution 2023-06, Adopting an Annual Meeting Schedule for Fiscal Year 2023-2024

Ms. Mullins stated District staff is recommending keeping the same quarterly schedule.

On MOTION by Mr. Rodriguez, seconded by Mr. Lee, with all in favor, the Board of Supervisors for the Charles Cove Community Development District approved Resolution 2023-06, Adopting an Annual Meeting Schedule for Fiscal Year 2023-2024.

SIXTH ORDER OF BUSINESS	Consideration of Sign Quotes
Fast signs
Smart Solutions

Ms. Mullins stated the District received 2 proposals from 2 vendors, the first one being Fast signs at
$2225.70 and then Smart Solutions systems for $1,350.00.

Ms. Hammock noted with Smart Solutions the proposal total that was provided includes tax and the District is tax exempt so that total would be without tax $2,080.09 dollars.

Discussion ensued regarding the proposals received.

On MOTION by Mr. Rodriguez, seconded by Mr. Chichetto, with all in favor, the Board of Supervisors for the Charles Cove Community Development District approved the proposal with the updated provisions from Smart Solutions Systems for street sign replacement in the amount of $1,350.00.

A homeowner wanted more information on how the Bord meeting are ran. Ms. Hammock explained the process of the meetings and how they differ from HOA meetings. Ms. Hammock also explained the election process to explain to the homeowner how the Board is elected.

SEVENTH ORDER OF BUSINESS	Consideration of Statement of Qualifications for the Position of District Engineer

Ms. Mullins stated the District has the statement of qualifications for the position of District engineer. She noted for the record, the District did not receive any further proposals besides the one from Dewberry engineering.

On MOTION by Mr. Chichetto, seconded by Mr. Lee, with all in favor, the Board of Supervisors for the Charles Cove Community Development District approved Dewberry engineering as the District engineer.

EIGHTH ORDER OF BUSINESS	Consideration of Professional Engineering Services Agreement with Dewberry

On MOTION by Mr. Chichetto, seconded by Mr. Lee, with all in favor, the Board of Supervisors for the Charles Cove Community Development District approved the agreement with Dewberry engineering as the District engineer.

NINTH ORDER OF BUSINESS	Review and Acceptance of Fiscal Year 2022 Audit

Ms. Mullins stated this was a standard and clean audit, there were no deficiencies in internal controls. District management and District Counsel have reviewed it, and any comments or questions were incorporated in the copy the Board is seeing today.

On MOTION by Mr. Chichetto, seconded by Mr. Rodriguez, with all in favor, the Board of Supervisors for the Charles Cove Community Development District accepted the Fiscal Year 2022 Audit.

TENTH ORDER OF BUSINESS	Review and Acceptance of Arbitrage Rebate Report

Ms. Mullins stated this is a report that the District is required to have. Ms. Hammock noted that the District cannot earn more interest on the Bonds than is being paid out or, the additional funds would have to go to the federal government.

On MOTION by Mr. Chichetto, seconded by Mr. Rodriguez, with all in favor, the Board of Supervisors for the Charles Cove Community Development District accepted the Arbitrage Rebate Report.

ELEVENTH ORDER OF BUSINESS	Consideration of DM Fee Increase Letter

Ms. Mullins stated overall this is an increase of $5,000.00, the District is currently at $30,000.00 and District management is going up to $35,000.00 as the District has developed more, this is budgeted for. Ms. Mullins noted this would go into effect on October 1, 2023. We will table this item at this time.

TWELFTH ORDER OF BUSINESS	Public Hearing on the Adoption of the District’s Annual Budget
Public Comments and Testimony
Board Comments
Consideration of Resolution 2023- 07, Adopting the Fiscal Year 2024 Budget and Appropriating Funds

Ms. Mullins noted the District noticed the hearing pursuant to Florida Statues and mailed notice was sent out.

On MOTION by Mr. Lee, seconded by Mr. Chichetto, with all in favor, the Board of Supervisors for the Charles Cove Community Development District opened the public hearing.

Ms. Mullins stated the budget is an exhibit to the resolution, this is the overall budget the Board pre- approved back in May. The increases come from the cost within rising inflation, there was not much other change within the District.

Residents voiced concerns on the overall increase.

On MOTION by Mr. Chichetto, seconded by Mr. Rodriguez, with all in favor, the Board of Supervisors for the Charles Cove Community Development District closed the public hearing.

On MOTION by Mr. Chichetto, seconded by Mr. Rodriguez, with all in favor, the Board of Supervisors for the Charles Cove Community Development District approved Resolution 2023-07, Adopting the Fiscal Year 2024 Budget and Appropriating Funds.

THIRTEENTH ORDER OF BUSINESS	Public Hearing on the Imposition of Special Assessments
Public Comments and Testimony
Board Comments
Consideration of Resolution 2023- 08, Adopting an Assessment Roll for Fiscal Year 2024 and Certifying Special Assessments for Collection

Ms. Mullins noted the District noticed the hearing pursuant to Florida Statues and mailed notice was sent out.

On MOTION by Mr. Rodriguez, seconded by Mr. Lee, with all in favor, the Board of Supervisors for the Charles Cove Community Development District opened the public hearing.

Ms. Mullins stated this considers the imposition of special assessments upon the lands located within the District to fund the approved budget for Fiscal Year 2024 and to certify an assessment roll and to provide for the levy, collection, and enforcement of assessments.

Ms. Hammock stated essentially, to fund the budget that was just adopted this resolution approves the special assessments for the Fiscal Year for O&M and does provide for the collection of those assessments and the non-ad valorem section of the county tax roll.

A resident asked for clarification.

Ms. Hammock stated that to fund the budget that was just approved, the assessments that the Board was just talking about also have to be approved to collect those assessments using the tax collector’s process. There's a non-ad valorem section on residents’ tax bill from the property appraiser, the District certifies the tax roll as well to the County and that's what this resolution does. It lays out the specific assessments that will fund the operations and maintenance for the next Fiscal Year, as well as certifies the tax roll so the County can collect and then remit to the District.

A resident asked if fees are split up among the residents.
Ms. Hammock answered yes. The residents’ operations and maintenance budget is divided amongst the number of accessible units, which really just means homes single family homes throughout the District.

On MOTION by Mr. Chichetto, seconded by Mr. Rodriguez, with all in favor, the Board of Supervisors for the Charles Cove Community Development District closed the public hearing.

On MOTION by Mr. Rodriguez, seconded by Mr. Chichetto, with all in favor, the Board of Supervisors for the Charles Cove Community Development District approved Resolution 2023-08, Adopting an Assessment Roll for Fiscal Year 2024 and Certifying Special Assessments for Collection.

FOURTEENTH ORDER OF BUSINESS	Consideration of Resolution 2023-09, Adopting an Amended Budget for Fiscal Year 2022/2023

Ms. Mullins stated this is just moving around line items, the auditor likes a clean slate. The District didn't go over budget, but District staff just had to move line items around that exceeded 10%.

On MOTION by Mr. Chichetto, seconded by Mr. Rodriguez, with all in favor, the Board of Supervisors for the Charles Cove Community Development District approved Resolution 2023-09, Adopting an Amended Budget for Fiscal Year 2022/2023.

FIFTEENTH ORDER OF BUSINESS	Ratification of Payment Authorization Nos. 119 – 125

Ms. Mullins noted that these Payment Authorizations have already been approved and only need to be ratified by the Board.

On MOTION by Mr. Rodriguez, seconded by Mr. Chichetto, with all in favor, the Board of Supervisors for the Charles Cove Community Development ratified Payment Authorization Nos. 119 – 125.

SIXTEENTH ORDER OF BUSINESS	Review of District Financial Statements

Ms. Mullins stated noted the financials have been reviewed and the District is running under budget.

SEVENTEENTH ORDER OF BUSINESS	Staff Reports

District Counsel –	Ms. Hammock stated included in the agenda packet is a memo from her
firm. She stated noted that during this last legislative session the Florida Legislature passed a new law requiring 4 hours of ethics training each year for public officials. This will go into effect, the requirement will be for 4 hours every calendar year starting January 1st, 2024. That will apply to the Board as Supervisors of the District. Essentially, District Counsel will work with the Board to develop training that would satisfy the requirement that could be done in a workshop forum where the supervisors could attend virtually, maybe one for a day or 4 hours or whatever is easier for the Board. We can break that up into two different sessions, but that is the requirement. She noted Board members will now I have to check box G on the Form 1. Board members need to be able to verify that going forward starting in 2024.

District Engineer –	No report.

District Manager –	Ms. Mullins stated she received an e-mail recently about someone
inquiring saying that someone is hosting soccer practice at the Districts field goals. The other one being that they've seen some wild pool parties at the pool, and the mention of people coming over to the community from Cascade and utilizing the pool. She noted the District does have a key card system, but she has been told that the gate is being propped open so that anyone can come in.

Discussion ensued regarding how to police the situations happening in the community.

Ms. Mullins mentioned other communities using a security company that can stay all day, but it can be pricey. She noted that the District can look into this but it’s not in the budget currently.

Ms. Hammock informed the Board that if they see these things happening, they should reach put to local law enforcement as District staff does not have policing authority. When District staff gets involved, they will need names to be able to know who to send violation to.

The Board asked for possible proposals for security.

Ms. Mullins noted she has received a lot of call from residents not happy that the street parking was taken away.

Discussion ensued regarding parking policies for the community.

EIGHTEENTH ORDER OF BUSINESS	Supervisor Requests and Audience Comments

A resident asked how many more houses are left to be built in the community.

NINTEENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Rodriguez, seconded by Mr. Lee, with all in favor, the July 19, 2023, Meeting of the Charles Cove Community Development District Board of Supervisors was adjourned.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

Charles Cove Community Development District

Egis Insurance Package for FY 2024

F

JFLORIDA
INSURANCE
ALLIANCE

Egis Insurance & Risk Advisors

Is pleased to provide a Proposal of Insurance Coverage for:

Charles Cove Community Development District

Please review the proposed insurance coverage terms and conditions carefully. Written request to bind must be received prior to the effective date of coverage.

The brief description of coverage contained in this document is being provided as an accommodation only and is not intended to cover or describe all Coverage Agreement terms. For more complete and detailed information relating to the scope and limits of coverage, please refer directly to the Coverage Agreement documents. Specimen forms are available upon request.

About FIA

Florida Insurance Alliance ("FIA"), authorized and regulated by the Florida Office of Insurance Regulation, is a non-assessable, governmental insurance Trust. FIA was created in September 2011 at a time when a large number of Special Taxing Districts were having difficulty obtaining insurance.
Primarily, this was due to financial stability concerns and a perception that these small to mid-sized Districts had a disproportionate exposure to claims. Even districts that were claims free for years could not obtain coverage. FIA was created to fill this void with the goal of providing affordable insurance coverage to Special Taxing Districts. Today, FIA proudly serves and protects nearly 1,000 public entity members.

Competitive Advantage
FIA allows qualifying Public Entities to achieve broad, tailored coverages with a cost-effective insurance program. Additional program benefits include:
Insure-to-value property limits with no coinsurance penalties
First dollar coverage for "alleged" public official ethics violations
Proactive in-house claims management and loss control department
Risk management services including on-site loss control, property schedule verification and contract reviews
Complimentary Property Appraisals
Online Risk Management Education & Training portal
Online HR & Benefits Support portal
HR Hotline
Safety Partners Matching Grant Program

How are FIA Members Protected?
FIA employs a conservative approach to risk management. Liability risk retained by FIA is fully funded prior to the policy term through member premiums. The remainder of the risk is transferred to reinsurers. FIA's primary reinsurers, Lloyds of London and Hudson Insurance Company, both have AM Best A XV (Excellent) ratings and surplus of $2Billion or greater.

In the event of catastrophic property losses due to a Named Storm (i.e., hurricane), the program bears no risk as all losses are passed on to the reinsurers.

What Are Members Responsible For?
As a non-assessable Trust, our members are only responsible for two items:
Annual Premiums
Individual Member Deductibles

FIA Bylaws prohibit any assessments or other fees.

Additional information regarding FIA and our member services can be found at www.fia360.org.

Quotation being provided for:

Charles Cove Community Development District c/o PFM Group Consulting, LLC
3501 Quadrangle Boulevard, Suite 270
Orlando, FL 32817

Term: October 1, 2023 to October 1, 2024

Quote Number: 100123456

PROPERTY COVERAGE

SCHEDULE OF COVERAGES AND LIMITS OF COVERAGE
COVERED PROPERTY	
Total Insured Values -Building and Contents - Per Schedule on file totalling	$3,795,543	
Loss of Business Income	$1,000,000	
Additional Expense	$1,000,000	
Inland Marine	
Scheduled Inland Marine	Not Included	

It is agreed to include automatically under this Insurance the interest of mortgagees and loss payees where applicable without advice.

	Valuation	Coinsurance	
Property	Replacement Cost	None	
Inland Marine	Actual Cash Value	None	

DEDUCTIBLES:	$2,500	Per Occurrence, All other Perils, Building & Contents and Extensions of Coverage.	
	5%	Total Insured Values per building, including vehicle values, for "Named Storm" at each affected location throughout Florida subject to a minimum of $10,000 per
occurrence, per Named Insured.	
	Per Attached Schedule	Inland Marine	

Special Property Coverages	
Coverage	Deductibles	Limit	
Earth Movement	$2,500	Included	
Flood	$2,500 *	Included	
Boiler & Machinery	$2,500	Included	
TRIA		Included	
*Except for Zones A & V see page 8 (Terms and Conditions) excess of NFIP, whether purchased or not

TOTAL PROPERTY PREMIUM	$29,491

Extensions of Coverage
If marked with an "X" we will cover the following EXTENSIONS OF COVERAGE under this Agreement, These limits of liability do not increase any other applicable limit of liability.

(X}	Code	Extension of Coverage	Limit of Liability	
X	A	Accounts Receivable	$500,000 in any one occurrence	

X	
B	
Animals	$1,000 any one Animal
$5,000 Annual Aggregate in any one agreement period	

X	
C	
Buildings Under Construction	As declared on Property Schedule, except new buildings being erected at sites other than a covered location which is limited to $250,000 estimated final contract value any one construction project.	
X	D	Debris Removal Expense	$250,000 per insured or 25% of loss, whichever is greater	

X	

E	Demolition Cost, Operation of Building
Laws and Increased Cost of
Construction	

$500,000 in any one occurrence	
X	F	Duty to Defend	$100,000 any one occurrence	
X	G	Errors and Omissions	$250,000 in any one occurrence	
X	H	Expediting Expenses	$250,000 in any one occurrence	
X	I	Fire Department Charges	$50,000 in any one occurrence	
X	J	Fungus Cleanup Expense	$50,000 in the annual aggregate in any one occurrence	

X	
K	Lawns, Plants, Trees and Shrubs	
$50,000 in any one occurrence	
X	L	Leasehold Interest	Included	
X	M	Air Conditioning Systems	Included	

X	

N	
New locations of current Insureds	$1,000,000 in any one occurrence for up to 90 days, except 60 days for Dade, Broward, Palm Beach from the date such new location(s) is first purchased, rented or occupied whichever is earlier. Monroe County on
prior submit basis only	

X	
0	Personal property of Employees	
$500,000 in any one occurrence	
X	p	Pollution Cleanup Expense	$50,000 in any one occurrence	
X	Q	Professional Fees	$50,000 in any one occurrence	
X	R	Recertification of Equipment	Included	
X	s	Service Interruption Coverage	$500,000 in any one occurrence	
X	T	Transit	$1,000,000 in any one occurrence	

X	u	Vehicles as Scheduled Property	
Included	
X	V	Preservation of Property	$250,000 in any one occurrence	

X	w	Property at Miscellaneous Unnamed Locations	
$250,000 in any one occurrence	

X	
X	Piers, docs and wharves as Scheduled Property	
Included on a prior submit basis only	

X	
y	Glass and Sanitary Fittings Extension	
$25,000 any one occurrence	
X	z	Ingress / Egress	45 Consecutive Days	
X	AA	Lock and Key Replacement	$2,500 any one occurrence	

X	
BB	Awnings, Gutters and Downspouts	
Included	

X	cc	
Civil or Military Authority	
45 Consecutive days and one mile	

CRIME COVERAGE

Description	Limit	Deductible	
Forgery and Alteration	Not Included	Not Included	
Theft, Disappearance or Destruction	Not Included	Not Included	
Computer Fraud including Funds Transfer Fraud	Not Included	Not Included	
Employee Dishonesty, including faithful performance, per loss	Not Included	Not Included	

Deadly Weapon Protection Coverage

Coverage	Limit	Deductible	
Third Party Liability	$1,000,000	$0	
Property Damage	$1,000,000	$0	
Crisis Management Services	$250,000	$0	

AUTOMOBILE COVERAGE

Coverages	Covered
Autos	Limit	Premium	
Covered Autos Liability	8,9	$1,000,000	Included	
Personal Injury Protection	N/A		Not Included	
Auto Medical Payments	N/A		Not Included	
Uninsured Motorists including Underinsured Motorists	N/A		Not Included	
Physical Damage Comprehensive Coverage	N/A	Actual Cash Value Or Cost Of Repair, Whichever Is Less,_Minu,s Applicable Deductible (See Attached Schedule)
For Each Covered Auto, But No Deductible Applies To Loss Caused By Fire or Lightning.

See item Four for Hired or Borrowed Autos.	Not Included	
Physical Damage Specified Causes of Loss Coverage	N/A	Actual Cash Value Or Cost Of Repair, Whichever Is Less, Minus Applicable Deductible (See Attached Schedule)
For Each Covered Auto For Loss Caused By Mischief Or Vandalism

See item Four for Hired or Borrowed Autos.	Not Included	
Physical Damage Collision Coverage	N/A	Actual Cash Value Or Cost Of Repair, Whichever Is Less, Minus Applicable Deductible (See Attached Schedule)
For Each Covered Auto

See item Four for Hired or Borrowed Autos.	Not Included	
Physical Damage Towing And Labor	N/A	$0 For Each Disablement Of A Private Passenger Auto	Not Included	

GENERAL LIABILITY COVERAGE (Occurrence Basis)

Bodily Injury and Property Damage Limit Personal Injury and Advertising Injury
Products & Completed Operations Aggregate Limit Employee Benefits Liability Limit, per person Herbicide & Pesticide Aggregate Limit
Medical Payments Limit Fire Damage Limit
No fault Sewer Backup Limit General Liability Deductible
PUBLIC OFFICIALS AND EMPLOYMENT PRACTICES LIABILITY (Claims Made)

$1,000,000

Included Included
$1,000,000

$1,000,000

$5,000

Included

$25,000/$250,000

$0

Public Officials and Employment Practices Liability Limit

Public Officials and Employment Practices Liability Deductible

Per Claim Aggregate

$1,000,000

$2,000,000

$0

Supplemental Payments: Pre-termination $2,500 per employee - $5,000 annual aggregate. Non-Monetary $100,000 aggregate.

Cyber Liability sublimit included under POL/EPLI
Media Content Services Liability Network Security Liability Privacy Liability
First Party Extortion Threat First Party Crisis Management
First Party Business Interruption
Limit: $100,000 each claim/annual aggregate

.....-----,		FLORIDA
F		INSURANCE ALLIANCE

PREMIUM SUMMARY

Charles Cove Community Development District c/o PFM Group Consulting, LLC
3501 Quadrangle Boulevard, Suite 270
Orlando, FL 32817

Term: October 1, 2023 to October 1, 2024

Quote Number: 100123456

PREMIUM BREAKDOWN

Property (Including Scheduled Inland Marine)	$29,491

Crime	Not Included

Automobile Liability	Not Included

Hired Non-Owned Auto	Included

Auto Physical Damage General Liability
Public Officials and Employment Practices Liability Deadly Weapon Protection Coverage

Not Included

$3,166

$2,592

Included

TOTAL PREMIUM DUE	$35,249

IMPORTANT NOTE
Defense Cost - Outside of Limit, Does Not Erode the Limit for General Liability, Public Officials Liability, and Employment related Practices Liability.

Deductible does not apply to defense cost. Self-Insured Retention does apply to defense cost.

Additional Notes: (None)

.....--	 FLORIDA
F 	INSURANCE ALLIANCE

PARTICIPATION AGREEMENT
Application for Membership in the Florida Insurance Alliance

The undersigned local governmental entity, certifying itself to be a public agency of the State of Florida as defined in Section 163.01, Florida Statutes, hereby formally makes application with the Florida Insurance Alliance ("FIA") for continuing liability and/or casualty coverage through membership in FIA, to become effective 12:01 a.m., 10/01/2023, and if accepted by the FIA's duly authorized representative, does hereby agree as follows:

That, by this reference, the terms and provisions of the lnterlocal Agreement creating the Florida Insurance Alliance are hereby adopted, approved and ratified by the undersigned local governmental entity. The undersigned local governmental entity certifies that it has received a copy of the aforementioned lnterlocal Agreement and further agrees to be bound by the provisions and obligations of the lnterlocal Agreement as provided therein;

To pay all premiums on or before the date the same shall become due and, in the event Applicant fails to do so, to pay any reasonable late penalties and charges arising therefrom, and all costs of collection thereof, including reasonable attorneys' fees;

To abide by the rules and regulations adopted by the Board of Directors;

That should either the Applicant or the Fund desire to cancel coverage; it will give not less than thirty (30) days prior written notice of cancellation;

That all information contained in the underwriting application provided to FIA as a condition precedent to participation in FIA is true, correct and accurate in all respects.

Charles Cove Community Development District

(Name of Local Governmental Entity)

r9rf-

JVlJUUnr:

By:   JU£	
Signature	Print Name
Witness By:	c/	'J&il\Jl  J_. hJAL.D&J
Signature	Print Name

IS HEREBY APPROVED FOR MEMBERSHIP IN THIS FUND, AND COVERAGE IS EFFECTIVE October 1, 2023

By:	­
Administrator

F N

FLORIDA INSURANCE
ALLIANCE

PROPERTY VALUATION AUTHORIZATION

Charles Cove Community Development District c/o PFM Group Consulting, LLC
3501 Quadrangle Boulevard, Suite 270
Orlando, FL 32817

QUOTATIONS TERMS & CONDITIONS
Please review the quote carefully for coverage terms, conditions, and limits.
The coverage is subject to 25% minimum earned premium as of the first day of the "Coverage Period".
Total premium is late if not paid in full within 30 days of inception, unless otherwise stated.
Property designated as being within Flood Zone A or V (and any prefixes or suffixes thereof) by the Federal Emergency Management Agency (FEMA), or within a 100 Year Flood Plain as designated by the United States Army Corps of Engineers, will have a Special Flood Deductible equal to all flood insurance available for such property under the National Flood Insurance Program, whether purchased or not or 5% of the Total Insured Value at each affected location whichever the greater.
The Florida Insurance Alliance is a shared limit. The limits purchased are a per occurrence limit and in the event an occurrence exhaust the limit purchased by the Alliance on behalf of the members, payment to you for a covered loss will be reduced pro-rata based on the amounts of covered loss by all members affected by the occurrence. Property designated as being within.
Coverage is not bound until confirmation is received from a representative of Egis Insurance & Risk Advisors.

I give my authorization to bind coverage for property through the Florida Insurance Alliance as per limits and terms listed below.

0	Building and Content TIV
D	Inland Marine

D	Auto PhysicaI Damage

$3,795,543	As per schedule attached Not Included
Not Included

Signature:/j{ ),a	
Name:	Ljnn	rnul 1,nJ
Title:	5-c,C.v-eJ--c{ '=1j

Date:		

F , 

FLORIDA INSURANCE
ALLIANCE

Property Schedule
Charles Cove Community Development District

Schedule Items Effective As of: 10/01/2023

Policy No.: Agent:

100123456
Egis Insurance Advisors LLC (Boca Raton, FL)

Unit#	Description
Address	Year Built	Eff. Date	Building Value	Total Insured Value	
		Const Type	Term Date	Contents Value		
		Roof Shape	I	Roof Pitch		Roof Covering	I	Coverin ? Replaced I Roof Yr Bit	

1	Retaining/ Sea Walls

3301 Massee Rd
Davenport FL 33837	2020	10/01/2023	$1,724,907	
$1,724,907	
		
Non combustible	
10/01/2024			
	I			I	I	
Unit#	Description Address	Year Built	Eff. Date	Building Value	
Total Insured Value	
		Const Type	Term Date	Contents Value		
		Roof Shape	I	Roof Pitch		Roof Covering	I	Coverin Replaced  I Roof Yr Bit	

2	6' Screen Fence - 1925 LF

3301 Massee Rd
Davenport FL 33837	2020	10/01/2023	$24,245	
$24,245	
		
Non combustible	
10/01/2024			
	I			I	I	
Unit#	Description Address	Year Built	Eff. Date	Building Value	
Total Insured Value	
		Const Type	Term Date	Contents Value		
		Roof Shape	I	Roof Pitch		Roof Covering	I	Coveri,n Replaced I Roof Yr Bit	

3	Entrance Monument

1200 Crossfield Rd Haines Citv FL 33834	2020	10/01/2023	$136,469	
$136,469	
		
Masonry non combustible	
10/01/2024			
	Gable		I				I	I	
Unit#	Description Address	Year Built	Eff. Date	Building Value	
Total Insured Value	
		Const Type	Term Date	Contents Value		
		Roof Shape	I	Roof Pitch		Roof Covering	I	Coveri,n Replaced I Roof Yr Bit	

4	Entrance Monument

1200 Crossfield Rd Haines City FL 33834	2020	10/01/2023	$136,469	
$136,469	
		
Masonry non combustible	
10/01/2024			
	I			I	I	
Unit#	Description Address	Year Built	Eff. Date	Building Value	
Total Insured Value	
		Const Type	Term Date	Contents Value		
		Roof Shape	I	Roof Pitch		Roof Covering	I	Coveri,n Replaced I Roof Yr Bit	

5	Cabana Building

1200 Crossfield Rd Haines Citv FL 33834	2020	10/01/2023	$216,789	
$216,789	
		Masonry non combustible	10/01/2024			
	I			I	I	
Unit#	Description Address	Year Built	Eff. Date	Building Value	
Total Insured Value	
		Const Type	Term Date	Contents Value		
		Roof Shape	I	Roof Pitch		Roof Covering	I	Coveri,n Replaced I Roof Yr Bit	

6	Pool

1200 Crossfield Rd Haines City FL 33834	2020	10/01/2023	$471,845	
$471,845	
		Below ground liquid storage tank/ pool	
10/01/2024			
	I			I	I	
Unit#	Description Address	Year Built	Eff. Date	Building Value	
Total Insured Value	
		Const Type	Term Date	Contents Value		
		Roof Shape	I	Roof Pitch		Roof Covering	I	Coveri,n Replaced I Roof Yr Bit	

7	Tot Lot and Safety Surface

1200 Crossfield Rd Haines City FL 33834	2020	10/01/2023	$88,000	
$88,000	
		
Non combustible	
10/01/2024			
	I			I	I	

Sign:	Print Name:	LLjnn-e lVlu 11 ;ns Date: 	

F , 

FLORIDA INSURANCE
ALLIANCE

Property Schedule
Charles Cove Community Development District

Schedule Items Effective As of: 10/01/2023

Policy No.: Agent:

100123456
Egis Insurance Advisors LLC (Boca Raton, FL)

Unit#	Description
Address	Year Built	Eff. Date	Building Value	Total Insured Value	
		Const Type	Term Date	Contents Value		
	Roof Shape	I	Roof Pitch		Roof Coverin2	I Coverin1 Replaced  I Roof Yr Bit	

8	Front Wall

1200 Crossfield Rd Haines City FL 33834	2020	10/01/2023	$144,837	
$144,837	
		
Masonry non combustible	
10/01/2024			
	I		I	I	
Unit#	Description Address	Year Built	Eff. Date	Building Value	
Total Insured Value	
		Const Type	Term Date	Contents Value		
	Roof Shape	I	Roof Pitch		Roof Covering	I Coverin1 Replaced I Roof Yr Bit	

9	Gazebos (3-Main Park @ $40,000 each)

1200 Crossfield Rd Haines City FL 33834	2020	10/01/2023	$132,000	
$132,000	
		
Property in the Open	
10/01/2024			
	I		I	I	
Unit#	Description Address	Year Built	Eff. Date	Building Value Contents Value	
Total Insured Value	
		Const Type	Term Date			
	Roof Shape	I	Roof Pitch		Roof Coverin2	I Coverin1 Replaced I Roof Yr Bit	

10	Gazebos (2-Mail Kiosk@ $36,000 each)

1200 Crossfield Rd Haines City FL 33834	2020	10/01/2023	$79,200	
$79,200	
		
Property in the Open	
10/01/2024			
	I		I	I	
Unit#	Description Address	Year Built	Eff. Date	Building Value
Total Insured Value	
		Const Type	Term Date		
				Contents Value		
	Roof Shape	I	Roof Pitch		Roof Covering	I Coverin1 Replaced I Roof Yr Bit	

11	Benches(ll)

1200 Crossfield Rd Haines City FL 33834	2020	10/01/2023	$7,260	
$7,260	
		
Property in the Open	
10/01/2024			
	I		I	I	
Unit#	Description Address	Year Built	Eff. Date	Buildin Value
Total Insured Value	
		Const Type	Term Date		
				Contents Value		
	Roof Shape	I	Roof Pitch		Roof Covering	I Coverin1' Replaced I Roof Yr Bit	

12	Picnic Tables (6)

1200 Crossfield Rd Haines Citv FL 33834	2020	10/01/2023	$7,260	
$7,260	
		
Property in the Open	
10/01/2024			
	I		I	I	
Unit#	Description Address	Year Built	Eff. Date	Building Value
Contents Value	
Total Insured Value	
		Const Type	Term Date			
	Roof Shape	I	Roof Pitch		Roof Coverin2	I Coverin Replaced  I Roof Yr Bit	

13	Fountains (2 @ $19,052 each)

3301 Massee Rd Haines City FL 33834	2020	10/01/2023	$41,914	
$41,914	
		
Non combustible	
10/01/2024			
	I		I	I	
Unit#	Description Address	Year Built	Eff. Date	Building Value
Contents Value	
Total Insured Value	
		Const Type	Term Date			
	Roof Shape	I	Roof Pitch		Roof Covering	I Coveri,n Replaced I Roof Yr Bit	

14	Fountain

1201 Crossfield Rd Haines City FL 33834	2020	10/01/2023	$20,810	
$20,810	
		
Non combustible	
10/01/2024			
	I		I	I	

Sign: 	rintName:	U(nne rnu11, n�
V

Date: 	

F 1 

FLORIDA INSURANCE
ALLIANCE

Property Schedule
Charles Cove Community Development District

Schedule Items Effective As of: 10/01/2023

Policy No.: Agent:

100123456
Egis Insurance Advisors LLC (Boca Raton, FL)

Unit#	Description
Address	Vear Built	Eff. Date	Building Value	Total Insured Value	
		Const Type	Term Date	Contents Value		
	Roof Shape	I	Roof Pitch			Roof Covering	I	Coverin ? Replaced I Roof Yr Bit	

15	Precast Wall (phase 2 only)

Along Massey Road Davenport FL 33837	2022	10/01/2023	$62,827	
$62,827	
		
Non combustible	10/01/2024			
	I			I	I	
Unit#	Description Address	Vear Built	Eff. Date	Building Value	
Total Insured Value	
		Const Type	Term Date	Contents Value		
	Roof Shape	I	Roof Pitch			Roof Covering	I	Coveri,n Replaced I Roof Yr Bit	

16	Retaining Walls with Handrails (phase 2)

Along Massey Road Davenport FL 33837	2022	10/01/2023	$500,711	
$500,711	
		
Non combustible	
10/01/2024			
	I			I	I	
	Total:I	Building Value
$3,795,543	Contents Value
I $0		Insured Value
$3,795,543	

Sign:	Print Name:	Ujhnv mU/1 inJ		Date: 	

Charles Cove Community Development District

Resolution 2024-01, Adopting an Amended Budget for
Fiscal Year 2022/2023

RESOLUTION 2024-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CHARLES COVE COMMUNITY DEVELOPMENT DISTRICT ADOPTING AN AMENDED GENERAL FUND BUDGET FOR FISCAL YEAR 2022/2023, PROVIDING FOR APPROPRIATIONS; ADDRESSING CONFLICTS AND SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors of the Charles Cove Community Development District (“Board”), previously adopted the District’s Fiscal Year 2022/2023 annual budget (“Budget”); and

WHEREAS, the District Manager, at the direction of the Board, has prepared an amended Budget, to reflect changes in the actual appropriations of the Budget; and

WHEREAS, Chapters 189 and 190, Florida Statutes, and the resolution adopting the Budget (the “Adoption Resolution”) authorize the Board to amend the Budget; and

WHEREAS, the Board finds that it is in the best interest of the District and its landowners to amend the Budget to reflect the actual appropriations; and

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CHARLES COVE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BUDGET AMENDMENT.

The Board has reviewed the District Manager’s proposed amended Budget, copies of which are on file with the office of the District Manager and at the District’s Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

The amended Budget attached hereto as Exhibit A and incorporated herein by reference as further amended by the Board is hereby adopted in accordance with the provisions of sections 190.008(2)(a) and 189.016(6), Florida Statutes; provided, however, that the comparative figures contained in the amended Budget as adopted by the Board (together, “Adopted Annual Budget”) may be further revised as deemed necessary by the District Manager to further reflect actual revenues and expenditures for Fiscal Year 2022/2023.

The Adopted Annual Budget shall be maintained in the office of the District Manager and the District Records Office and identified as “The Adopted Budget

1

for the Charles Cove Community Development District for the fiscal year ending September 30, 2023, as amended and adopted by the Board of Supervisors effective October 18, 2023.”

SECTION 2. APPROPRIATIONS. There is hereby appropriated out of the revenues of the District, the fiscal year beginning October 1, 2022, and ending September 30, 2023, the sums set forth below, to be raised by special assessments, which sums are deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	

DEBT SERVICE FUND	$	

SECTION 3. CONFLICTS. This Resolution is intended to amend, in part, the adoption Resolution, which remains in full force and effect except as otherwise provided herein. All terms of the Adoption Resolution that are not amended by this Resolution apply to the Adopted Annual Budget as if those terms were fully set forth herein. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.

SECTION 4. 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 5. EFFECTIVE DATE. This Resolution shall take effect upon adoption.

PASSED AND ADOPTED THIS 18TH DAY OF October, 2023.

ATTEST:	CHARLES COVE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Amended Fiscal Year 2022/2023 Budget

Exhibit A
Amended Fiscal Year 2022/2023 Budget

Charles Cove CDD
FY 2023 Revised Adopted O&M Budget

	FY 2023			FY 2023	
	Adopted			Revised	
	Budget			Budget	

Revenues					
On-Roll Assessments	$ 536,677.24		$	536,677.24	
CarryForward				28,962.80	
Net Revenues	$ 536,677.24		$	565,640.04	
General & Administrative Expenses					
Public Officials' Liability Insurance	$	2,850.00		$	2,504.00	
Trustee Services	7,000.00			7,497.61	
Management	30,000.00			30,000.00	
Field Management	500.00			10.00	
Engineering	10,000.00			9,000.00	
Disclosure	10,000.00			10,000.00	
Property Appraiser	13,000.00			12,615.67	
District Counsel	13,480.00			13,480.00	
Assessment Administration	15,000.00			15,000.00	
Reamortization Schedules	250.00			250.00	
Audit	3,000.00			6,500.00	
Arbitrage Calculation	-			1,200.00	
Travel and Per Diem	600.00			600.00	
Telephone	10.00			10.00	
Postage & Shipping	1,200.00			1,200.00	
Copies	1,000.00			100.00	
Legal Advertising	3,000.00			1,500.00	
Miscellaneous	-			175.00	
Contingency	200.00			50.00	
Meeting Room	600.00			100.00	
Office Supplies	250.00			10.00	
Web Site Maintenance	2,820.00			2,820.00	
Dues, Licenses, and Fees	175.00			175.00	
Security	-			2,000.00	
General Liability Insurance	3,500.00			3,059.00	
Hurricane Cleanup	3,878.24			650.00	
Total General & Administrative Expenses	$ 122,313.24		$	120,506.28	
General & Administrative Expenses					
Electric	$  45,000.00		$	77,000.00	
Fountains	20,000.00			22,000.00	
Fountain Maintenance	740.00			800.00	
Water-Sewer	15,000.00			15,000.00	
Road Reserve	1,000.00			10.00	
Amenity - Landscape Maintenance	23,750.00			17,500.00	
Amenity - Pool Maintenance	22,000.00			20,000.00	
Amenity - Access Control	1,000.00			10.00	
Amenity - Janitorial	24,000.00			28,000.00	
Amenity - Pest Control	500.00			120.00	
Amenity - Security Cameras (WiFi)	2,000.00			2,000.00	
Amenity - Miscellaneous	500.00			10.00	
Equipment Rental	-			4,465.48	
Property & Casualty Insurance	20,624.00			20,624.00	
Irrigation	75,000.00			80,000.00	
Lake Maintenance	7,000.00			6,400.00	
Landscaping Maintenance & Material	95,000.00			95,000.00	
Landscape Improvements	14,750.00			10,409.28	
Equipment Repair & Maintenance	500.00			10.00	
Signage & Amenities Repair	1,000.00			775.00	
Streetlights	45,000.00			45,000.00	
Total General & Administrative Expenses	$ 414,364.00		$	445,133.76	
Total Expenses	 $ 536,677.24 		 $ 	565,640.04 	
Income (Loss) from Operations	$	-		$	-	
Other Income (Expense)					
Interest Income	$	-		$	-	
Total Other Income (Expense)	$	-		$	-	
Net Income (Loss)	$	-		$	-	

Page 1 of 1

Charles Cove Community Development District

Fee Increase from Fountain Design Group for Quarterly Fountain Maintenance

FOUNTAIN DESIGN GROUP, INCE.
7628 N.W. 6th AVENUE BOCA RATON, FL. 33487
(561) 994-3939	1-800-446-1537 Fax (561) 994-3944

October 05, 2023

Charles Cove CDD
c/o PFM Group Consulting, LLC 3501 Quadrangle Blvd., Ste 270
Orlando, Fl. 32817

We are sending this letter to inform you that we will be increasing our Quarterly Lake fountain contract. This is due to the fact that our costs have increased significantly throughout the year. We are reviewing all of our contracts and feel we must issue a new contract at an increased price that meets our minimum charges at this time.

Therefore, at the start of the New Year, January 2024, we will increase the quarterly lake fountain contract to $350.00/qtly. I am sending a new contract to you that reflects this amount. Please sign the new contract and return it to our office before December 01, 2023 if you wish us to proceed with the maintenance of the fountains.

We very much appreciate your past business, and can hopefully, service you in the future.

Sincerely,
Paul Banialis paul@cascadefountains.com Service Manager
Fountain Design Group Cascade Fountains

PB/jh Enc.

CASCADE FOUNTAINS DIV. FOUNTAIN DESIGN GROUP, INC.
7628 N.W 6th AVENUE	BOCA RATON, FL. 33487	PROPOSAL #	6983
SERVICE CENTERS : ORLANDO AND TAMPA
PHONE: (800) 446-1537	FAX (561) 994-3944	Date: September. 26, 2023

To:	Charles Cove CDD	Ship To:	Charles Cove	
	c/o PFM Group Consulting, LLC.		3301 Massee Road	
	3501 Quadrangle Blvd., Ste. 270		Davenport, Fl. 33837	
	Orlando, Fl. 32817			
Attn:	Property Management			
Phone: 407-723-5935			
Email:	griffithv@pfm.com			
Email:	mullinsl@pfm.com			

FOUNTAIN MAINTENANCE PROPOSAL

Scope of Work:	New Contract to take effect January 01, 2024

Fountain Design Group will perform the following Quarterly cleaning, (3) Three Floating Fountains at the property listed above, per the check list below:

Check control panel components and amperage draw on pump and motors, including timers on fountain
Clean exterior of intake screen on lake fountain
Clean, check, and adjust water feature jets on lake fountain
Clean and check lenses on lighting system for lake fountain
Visually check all accessible piping systems for possible damage
Make any needed repairs under $400.00 to fountain or components

This is a cleaning contract only and any other services required besides those listed above will be quoted. Once we receive approval we will proceed with repairs.
If additional service is required, our standard labor rate of $135.00 for first half hour and $105.00 each additional hour thereafter, plus parts.

**Either party may cancel this agreement with a 30-Day Notice.
***This is a cleaning contract only, repair will be charged out at our labor rate plus cost of parts used. If we are unable to repair the fountain a quote will be sent to replace the fountain with a new lake fountain.

COST :  $350.00 per Quarterly Cleaning	
Payable upon receipt of invoice to Fountain Design Group, Inc.

Respectfully Submitted,
FOUNTAIN DESIGN GROUP
Acceptance of Proposal: The above price, specifications, and conditions are satisfactory and are hereby accepted. Fountain Design Group, Inc. is authorized to complete the work as specified.

Signature:	Date of Acceptance:

CONDITIONS
All work is to be completed in a workmanlike manner . Any alteration from specifications involving extra costs will be executed only upon written approval from the client and will become an additional charge from the approved proposal amount

Charles Cove Community Development District

Amenity Area Signage from A&R Contracting

ESTIMATE

A & R Contracting & Cleaning,	AlvarezandRamirez@gmail.com

LLC
2061 9th Ln
Winter Haven, FL 33881

+1 (863) 582-6202

PFM Group Consulting LLC		
Bill to	Ship to	
PFM Group Consulting LLC	PFM Group Consulting LLC	
Charles cove 12051 Corporate Blvd | Orlando,	3501 Quadrangle Boulevard | Suite 270 |	
FL 32817	Orlando, FL 32817	

Estimate details
Estimate no.: 1037
Estimate date: 09/18/2023

Product or service	Amount

1.	material
4 signs 24 by 18 will read as follows FACILITIES ARE FOR PAYING PATRONS ONLY NO TRESPASSING NO SOLICITING
2 posts hardware	$515.14	
2.	Labor	$250.00	
Total	$765.14

Charles Cove Community Development District

Saltwater Pool Proposals

10601 Oak St NE
St Petersburg, FL 33716
Phone: 727-329-8845
Fax: 727-289-7126
Name / Address
Resort Pool Services 14525 Johns Lake Rd Clermont, FL 34711

Ship To

	Quote	
Date		Quote #			
9/15/2023		19010 D			
Terms		PO #		Eng	
COD					

Charles Cove

Customer Contact

Customer Phone

321-689-6210

Customer Fax

Job

Rep

TVL

Qty

6

1

4

Item

Labor

HCSC110

Drive Time

Description
Commercial Salt Chlorine Generator. 11#/day Field Labor
Drive Time To Location

Price Each
18,637.32
120.00
60.00

Amount
18,637.32T
720.00T
240.00T

“Be aware! Cyber crime is on the rise. Fraudsters are using phishing and spoofing email schemes as a ploy to redirect electronic payments into the fraudsters accounts rather than the intended payee. If you receive any correspondence that appears to be from our company and announces a change in bank details, please contact us before you pay. We will never send an email to change our banking instructions.”

PLEASE RETURN SIGNED QUOTE FOR ORDER CONFIRMATION.
Signature

Subtotal	$19,597.32

Ownership of all materials listed on this invoice shall be vested in the seller, Aquaworx Inc until said materials are fully paid for. If this invoice has to be collected through an attorney then purchaser agrees to pay all reasonable costs for the making of the collection. Venue will be in St Petersburg FL. Sellers liability is limited to buyers purchase price of the materials. Quoted prices are valid for 30 days with freight subject to change. AquaWorx adds a 3% service fee to credit or debit card

Sales Tax (7.0%)

$1,371.81

payments. Cancellations or returns are not accepted without prior authorization in writing and subject to a 40% Re-Stocking Fee. Notice of Commencement must accompany all orders.
Thank You for Your Order

Total	$20,969.13

10601 Oak St NE
St Petersburg, FL 33716
Phone: 727-329-8845
Fax: 727-289-7126
Name / Address
Resort Pool Services 14525 Johns Lake Rd Clermont, FL 34711

Ship To

				Quote	
Date		Quote #			
9/15/2023		19011 D			
Terms		PO #		Eng	
COD					

charles cove

Customer Contact		Customer Phone	Customer Fax		Job	Rep	
		321-689-6210			charles cove	TVL	
Qty	Item			Description		Price Each	Amount	

6

Labor

1 CH CHLOR ...

4 Drive Time

Chlorinator 10.0 lb/day - Switch Mode Field Labor
Drive Time To Location

28,760.67
120.00
60.00

28,760.67
720.00T
240.00T

“Be aware! Cyber crime is on the rise. Fraudsters are using phishing and spoofing email schemes as a ploy to redirect electronic payments into the fraudsters accounts rather than the intended payee. If you receive any correspondence that appears to be from our company and announces a change in bank details, please contact us before you pay. We will never send an email to change our banking instructions.”

PLEASE RETURN SIGNED QUOTE FOR ORDER CONFIRMATION.
Signature

Subtotal	$29,720.67

Ownership of all materials listed on this invoice shall be vested in the seller, Aquaworx Inc until said materials are fully paid for. If this invoice has to be collected through an attorney then purchaser agrees to pay all reasonable costs for the making of the collection. Venue will be in St Petersburg FL. Sellers liability is limited to buyers purchase price of the materials. Quoted prices are valid for 30 days with freight subject to change. AquaWorx adds a 3% service fee to credit or debit card

Sales Tax (7.0%)

$67.20

payments. Cancellations or returns are not accepted without prior authorization in writing and subject to a 40% Re-Stocking Fee. Notice of Commencement must accompany all orders.
Thank You for Your Order

Total	$29,787.87

Charles Cove Community Development District

Security Services Proposals

Charles Cove Community Development District

Signage Proposal

03 October 2023

Smart Solution Systems

To: Madison McAdams/ Triad Association Management From: Rene Raymon / Smart Solution Systems
Re: Charles Cove Hoa, Inc.

Madison,

Please accept our quote for Charles Cove facilities signs. Four signs total to be purchased with two installed on new posts set in concrete and two installed directly on facility gate.

Purchase (4) new 12”x 18” 3M reflective aluminum signs.
Custom signs to read “FACILITIES ARE FOR PAYING PATRONS ONLY NO TRESPASSING NO SOLICITING”
Purchase (2) new posts and attach signs, set each post in 80lbs of concrete.
(2) remaining signs installed directly on entrance gates to facilities.
Photo documentation provided upon completion.

Total including all materials and labor is $650.

If you have any questions or concerns, please contact me directly. If accepted, please sign and date below.

This quote is good for 30 days.

Regards, Rene Raymon 407-676-0131
Smart Solution System

Smart Solution Systems Orlando, Florida manager@smartsolutionprovider.com

Charles Cove Community Development District

Funding Agreement with DR Horton

FUNDING AGREEMENT FOR SECURITY SERVICES BY AND BETWEEN THE CHARLES COVE COMMUNITY DEVELOPMENT DISTRICT
AND D.R. HORTON, INC.

THIS AGREEMENT (“Agreement”) is made effective as of the 1st day of September 2023, by and between:

CHARLES COVE COMMUNITY DEVELOPMENT DISTRICT, a local unit of special- purpose government established pursuant to Chapter 190, Florida Statutes, with a mailing address c/o PFM Group Consulting, 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817 (“District”), and

D.R. HORTON, INC., a foreign corporation authorized to do business in Florida, with a mailing address of 1341 Horton Circle, Arlington, Texas 76011 (“Developer,” together with the District, the “Parties”).

RECITALS

WHEREAS, the District is a local unit of special purpose government established and existing pursuant to the Uniform Community Development District Act of 1980, codified as Chapter 190, Florida Statutes, as amended (“Act”); and

Whereas, pursuant to the Act, the District is authorized to plan, finance, construct, install, acquire and/or maintain improvements, facilities, and services in conjunction with the development of the lands within the District; and

WHEREAS, in order to promote the safety and security of District improvements and facilities and conduct activities associated therewith, the Developer requested, and the District has determined it in its best interests, to contract with third parties to provide such security services as are necessary to address the needs of the District and as may be approved by the District’s Board of Supervisors from time to time (“Security Services”); and

Whereas, the Developer is willing to provide such funds as are necessary to allow the District to contract for Security Services during the District’s Fiscal Year 2023, which began on October 1, 2022, and ended on September 30, 2023, and Fiscal Year 2023, which began on October 1, 2023, and ends on September 30, 2024; and

Whereas, the retention of any necessary security service providers and the work to be performed will require the expenditure of certain fees, costs, and other expenses by the District; and

Whereas, Developer desires to provide sufficient funds to the District to reimburse the District for any such expenditures related the Security Services, including but not limited to legal, consultant fees, security service costs, and administrative and other expenses, if any.

Now, therefore, based upon good and valuable consideration and mutual covenants of the Parties, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

Section 1. Provision of Funds. Developer agrees to make available to the District such monies as are necessary to enable the District to proceed with engaging third party companies to provide Security Services, as may be deemed necessary by the District, and to enable District staff, including legal and managerial staff, to assist in the process and proceedings associated therewith. The Developer will make such funds available monthly, within twenty (20) days of a written request by the District. The funds shall be placed in the District's depository as determined by the District.

Section 2.  District Use of Funds. The District agrees to use such funds solely for the fees, costs, and other expenditures accruing or accrued for the provision of Security Services, including the ancillary items related thereto. The District agrees to make monthly requests for necessary funds from Developer for reimbursement for services of the security services provider(s), as described in Section 1 of this Agreement.

Section 3. Default. A default by either party under this Agreement shall entitle the other to all remedies available at law or in equity, which may include, but not be limited to, the right of damages, injunctive relief and/or specific performance.

Section 4.  Enforcement of Agreement. In the event that either party is required to enforce this Agreement by court proceedings or otherwise, then the substantially prevailing party shall be entitled to recover all fees and costs incurred, including reasonable attorneys’ fees and costs for trial, alternative dispute resolution, or appellate proceedings.

Section 5. Agreement. This instrument shall constitute the final and complete expression of this Agreement between the parties relating to the subject matter of this Agreement.

Section 6. Amendments. Amendments to and waivers of the provisions contained in this Agreement may be made only by an instrument in writing executed by both Parties hereto.

Section 7. Authorization. The execution of this Agreement has been duly authorized by the appropriate body or official of all parties to this Agreement, each party has complied with all the requirements of law, and each party has full power and authority to comply with the terms and provisions of this instrument.

SECTION 8. NOTICES. All notices, requests, consents and other communications under this Agreement (“Notice”) shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or overnight delivery service, to the parties, as follows:

If to the District:	Charles Cove Community Development District
c/o PFM Group Consulting, LLC
3501 Quadrangle Boulevard, Suite 270
Orlando, Florida 32817

Attn: District Manager

With a copy to:	Kilinski | Van Wyk PLLC
P.O. Box 6386
Tallahassee, Florida 32314 Attn: District Counsel

If to Developer:	D.R. Horton, Inc.
1341 Horton Circle
Arlington, Texas 76011 Attn: 	

Except as otherwise provided in this Agreement, any Notice shall be deemed received only upon actual delivery to the address set forth in this Agreement. Notices delivered after 5:00 p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non- business day, the Notice period shall be extended to the next succeeding business day. Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for the Parties may deliver Notice on behalf of the Parties. Any party or other person to whom Notices are to be sent or copied may notify the other Parties and addresses of any change in name or address to which Notices shall be sent by providing the same on five (5) days written notice to the Parties and addresses set forth in this Agreement.

Section 9.  Third Party Beneficiaries. This Agreement is solely for the benefit of the formal Parties to this Agreement and no right or cause of action shall accrue upon or by reason hereof, to or for the benefit of any third party not a formal party to this Agreement. Nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person or corporation other than the Parties to this Agreement any right, remedy or claim under or by reason of this Agreement or any provisions or conditions hereof; and all of the provisions, representations, covenants and conditions contained in this Agreement shall inure to the sole benefit of and shall be binding upon the parties to this Agreement and their respective representatives, successors, and assigns.

Section 10. Assignment. Neither party may assign this Agreement or any monies to become due hereunder without the prior written approval of the other party. Any purported assignment without such prior written approval shall be null and void.

Section 11. Controlling Law; Venue. This Agreement and the provisions contained in this Agreement shall be construed, interpreted, and controlled according to the laws of the State of Florida. Each party consents to and agrees that the exclusive venue for any litigation arising out of or related to this Agreement shall be in a court of appropriate jurisdiction, in and for Polk County, Florida.

Section 12. Effective Date. The Agreement shall be effective as of September 1, 2023. The enforcement provisions of this Agreement shall survive its termination, until all payments due under this Agreement are paid in full.

SECTION 13. PUBLIC RECORDS. The Developer understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, the Developer agrees to comply with all applicable provisions of Florida law in handling such records, including, but not limited, to section 119.0701, Florida Statutes. The Developer acknowledges that the designated Public Records Custodian for the District is PFM Group Consulting, LLC (“Public Records Custodian”). Among other requirements and to the extent applicable by law, the Developer shall 1) keep and maintain public records required by the District to perform the service; 2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of this Agreement term and following this Agreement term if the Developer does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of this Agreement, transfer to the District, at no cost, all public records in the Developer’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by the Developer, the Developer shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.
IF THE DEVELOPER HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE DEVELOPER’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (407) 723-5900, RECORDREQUEST@PFM.COM, OR AT 3501 QUADRANGLE BOULEVARD, SUITE 270, ORLANDO, FLORIDA 32817.
Section 14. Arm’s Length transaction. This Agreement has been negotiated fully between the Parties as an arm's length transaction. The Parties participated fully in the preparation of this Agreement with the assistance of their respective counsel. In the case of a dispute concerning the interpretation of any provision of this Agreement, the Parties are each deemed to have drafted, chosen, and selected the language, and doubtful language will not be interpreted or construed against any party.

Section 15. Sovereign Immunity. Developer agrees that nothing in this Agreement shall constitute or be construed as a waiver of the District's limitations on liability contained in section 768.28, Florida Statutes, or other statutes or law.

Section 16. Headings for Convenience Only. The descriptive headings in this Agreement are for convenience only and shall not control nor affect the meaning or construction of any of the provisions of this Agreement.

Section 17. Counterparts. This Agreement may be executed in any number of counterparts, each of which when executed and delivered shall be an original; however, all such counterparts together shall constitute but one and the same instrument. Signature and acknowledgment pages, if any, may be detached from the counterparts and attached to a single copy of this document to physically form one document.

In witness whereof, the Parties execute this Agreement to be effective as of the day and year first written above.

CHARLES COVE COMMUNITY DEVELOPMENT DISTRICT

Chairperson, Board of Supervisors

D.R.	HORTON,	INC.,	a	Delaware corporation

By:	  Its:	

Charles Cove Community Development District

Payment Authorizations Nos. 126 – 135

CHARLES COVE
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Payment Authorization No. 126
7/12/2023

Item	Vendor	Invoice		General	
No.		Number	Fund FY 23	

1	
Duke Energy				
	1200 Crossfield Rd ; Service 05/24/2023 - 06/23/2023	Acct: 9100 8651 7114	$	1,013.51	
	2833 Massee Rd ; Service 05/24/2023 - 06/23/2023	Acct: 9101 2746 8568	$	459.22	
2	Paradise Lawns & Landscaping, Inc.				
	Lawn Maintenance July 2023	231346	$	6,206.52	
	Lawn Maintenance July 2023 Phase 2	231347	$	3,402.59	
3	PFM Group Consulting				
	Quarterly Disclosures: 4.1.23 - 6.30.23	125964	$	2,500.00	
4	Resort Pool Services DBA				
	Repairs: Replace Breaker on Fountains	19836	$	270.00	
5	VGlobalTech				
	Website Maintenance January 2023	4663	$	135.00	
			$	13,986.84	

	TOTAL	$	13,986.84	
	District Manager / ADM	Board Member			

Charles Cove CDD
c/o PFM Group Consulting 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
GriffithV@pfm.com // (407) 723-5938

Verona Griffith

From:	Pete Chichetto <PMChichetto@drhorton.com>
Sent:	Friday, July 21, 2023 11:48 AM
To:	Verona Griffith
Cc:	William Alan Moline
Subject:	RE: Charles Cove Pa#

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

Approved

Pete Chichetto
Land Manager
D.R. HORTON Orlando West
7835 Osceola Polk Line Road, Davenport, FL 33896
C-407-468-7884
America’s #1 Home Builder Since 2002 | D.R. Horton · Express · Emerald · Freedom

From: Verona Griffith <griffithv@pfm.com>
Sent: Monday, July 17, 2023 2:22 PM
To: Pete Chichetto <PMChichetto@drhorton.com> Cc: William Alan Moline <WAMoline@drhorton.com> Subject: FW: Charles Cove Pa#

[External] Hello Pete,
Attached are the latest invoices received to date requiring your approval to pay. Thanks

#
Yhur d#u #
District Accountant

PFM Group Consulting LLC
GriffithV@pfm.com | phone 407.723.5938 | fax 407.723.5901 | web pfm.com 3501 Quadrangle Blvd.,Suite 270 | Orlando, FL 32817

From: Lynne Mullins <mullinsl@pfm.com>
Sent: Monday, July 17, 2023 2:14 PM To: Verona Griffith <griffithv@pfm.com> Subject: RE: Charles Cove Pa#

Signed. Thanks!

Lynne Mullins
District Manager

PFM Group Consulting LLC

From: Verona Griffith <griffithv@pfm.com>
Sent: Monday, July 17, 2023 11:50 AM To: Lynne Mullins <mullinsl@pfm.com> Subject: Charles Cove Pa#

Kindly review and e-sign.

#
Yhur d#u #
District Accountant

PFM Group Consulting LLC
GriffithV@pfm.com | phone 407.723.5938 | fax 407.723.5901 | web pfm.com 3501 Quadrangle Blvd.,Suite 270 | Orlando, FL 32817

CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.

CHARLES COVE
C O M M U N I T Y  D E V E L O P M E N T  D I S T R I C T

Payment Authorization No. 127
7/26/2023

Item	Vendor	Invoice		General	
No.		Number	Fund FY 23	

1	
Duke Energy
1001 Crossfield Rd Irrigation: Service 06/08/2023 - 07/07/2023 200 Eagleview Loop Fountain: Service 06/08/2023 - 07/07/2023 719 Brooklet Dr Fountain: Service 06/08/2023 - 07/07/2023 1000 Crossfield Rd Monument: Service 06/08/2023 - 07/07/2023 1250 Crossfield Rd Fountain: Service 06/08/2023 - 07/07/2023 3105 Massee Rd Lite: Service 06/15/2023 - 07/14/2023
000 Massey Rd Lite Lake Charles Ph 1A: Svs 06/14/2023 - 07/13/2023				
		Acct: 9100 8651 6957
Acct: 9100 8651 7263
Acct: 9100 8651 7403
Acct: 9100 8651 7578
Acct: 9100 8651 7875
Acct: 9101 3841 1693
Acct: 9100 8651 8024	$
$
$
$
$
$
$	655.01
463.85
722.41
592.83
1,332.60
2,419.07
3,958.58	
2	Fountain Design Group, Inc.
Quarterly Fountain Cleaning Service				
		30639A	$	335.00	
3	Grau and Associates				
	Arbitrage - Series 2020 FYE 5/31/22	24538	$	600.00	
4	Spectrum Business
Internet				
		1549940071223	$	127.97	
			$	11,207.32	

	TOTAL	$	11,207.32	
	District Manager / ADM	Board Member			

Charles Cove CDD
c/o PFM Group Consulting 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
GriffithV@pfm.com // (407) 723-5938

From:	Pete Chichetto
To:	Verona Griffith
Cc:	William Alan Moline
Subject:	RE: Charles Cove PA#127
Date:	Tuesday, August 1, 2023 1:53:02 PM
Attachments:	image001.png

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

Approved

Pete Chichetto
Land Manager

D.R. HORTON Orlando West
7835 Osceola Polk Line Road, Davenport, FL 33896
C-407-468-7884
America’s #1 Home Builder Since 2002 | D.R. Horton · Express · Emerald · Freedom

From: Verona Griffith <griffithv@pfm.com>
Sent: Tuesday, August 1, 2023 1:51 PM
To: Pete Chichetto <PMChichetto@drhorton.com>
Cc: William Alan Moline <WAMoline@drhorton.com>
Subject: FW: Charles Cove PA#127

[External]

Hello Pete,

Attached are the latest invoices received for processing and approval to pay. Let me know if you have any questions.

Verona Griffith
District Accountant

PFM Group Consulting LLC
GriffithV@pfm.com | phone 407.723.5938 | fax 407.723.5901 | web pfm.com 3501 Quadrangle Blvd.,Suite 270 | Orlando, FL 32817

From: Lynne Mullins <mullinsl@pfm.com> Sent: Tuesday, August 1, 2023 1:35 PM To: Verona Griffith <griffithv@pfm.com> Subject: RE: Charles Cove PA#127
Signed. Thanks!
Lynne Mullins
District Manager

PFM Group Consulting LLC

From: Verona Griffith <griffithv@pfm.com>
Sent: Thursday, July 27, 2023 10:03 AM To: Lynne Mullins <mullinsl@pfm.com> Subject: Charles Cove PA#127

Kindly review and e-sign.

Verona Griffith
District Accountant

PFM Group Consulting LLC
GriffithV@pfm.com | phone 407.723.5938 | fax 407.723.5901 | web pfm.com

CHARLES COVE
C O M M U N I T Y  D E V E L O P M E N T  D I S T R I C T

Payment Authorization No. 128	
8/2/2023					
Item	Vendor	Invoice		General	
No.		Number	Fund FY 23	

1	
A & R Contracting & Cleaning
Labor & Materials; Property Maintenance & Repairs Cleaning Services: July 2023				
		1065
1067	$
$	1,510.00
1,700.00	
2	PFM Group Consulting
Expenses: Supporting Meeting Documents for Residents Expenses: Mailed Assessment Notices				
		126158
126157	$
$	25.00
246.82	
3	Resort Pool Services				
	Fountain & Pool Maintenance: August 2023	19975	$	1,700.00	
4	US Bank				
	FY 2023 Series 2020 Trustee Administration Fees 07/01/2023 - 09/30/2023 FY 2024 Series 2020 Trustee Administration Fees 10/01/2023 - 06/30/2024	6998401
6998401	$
$	1,010.15
3,030.48	
			$	9,222.45	

	TOTAL	$	9,222.45	
	District Manager / ADM	Board Member			

Charles Cove CDD
c/o PFM Group Consulting
3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
GriffithV@pfm.com // (407) 723-5938

Verona Griffith

From:	Pete Chichetto <PMChichetto@drhorton.com>
Sent:	Monday, August 21, 2023 10:01 AM
To:	Verona Griffith
Subject:	RE: Charles Cove PA#128

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

Approved

Pete Chichetto
Land Manager
D.R. HORTON Orlando West
7835 Osceola Polk Line Road, Davenport, FL 33896
C-407-468-7884
America’s #1 Home Builder Since 2002 | D.R. Horton · Express · Emerald · Freedom

From: Verona Griffith <griffithv@pfm.com>
Sent: Monday, August 21, 2023 9:16 AM
To: Pete Chichetto <PMChichetto@drhorton.com>
Subject: FW: Charles Cove PA#128

[External]

Please approve for payment. Thanks

#
Yhur d#u #
District Accountant

PFM Group Consulting LLC
GriffithV@pfm.com | phone 407.723.5938 | fax 407.723.5901 | web pfm.com 3501 Quadrangle Blvd.,Suite 270 | Orlando, FL 32817

From: Verona Griffith
Sent: Wednesday, August 16, 2023 10:42 AM
To: PMChichetto@drhorton.com
Cc: William Alan Moline <WAMoline@drhorton.com>
Subject: FW: Charles Cove PA#128 Pete,
I don’t recall getting the go ahead to pay the attached.

1

CHARLES COVE
C O M M U N I T Y  D E V E L O P M E N T  D I S T R I C T

Payment Authorization No. 129	
8/9/2023					
Item	Vendor	Invoice		General	
No.		Number	Fund FY 23	

1	
Dave Schmitt Engineering
Engineering Services Through 05/28/2023				
		10820	$	600.00	
2	Grau and Associates				
	Arbitrage - Series 2020 FYE 5/31/22 Audit FYE 09/30/2022	23479
24184	$
$	600.00
3,500.00	
3	Paradise Lawns & Landscaping Phase 2 Lawn Maintenance Aug. 2023 Lawn Maintenance Aug. 2023				
		231574
231575	$
$	3,402.59
6,206.52	
4	PFM Group Consulting
Jun. Postage				
		OE-EXP-07-2023-10	$	274.98	
5	Spectrum Business
Internet Service: 07/12/2023 - 08/11/2023				
		1549940071223	$	157.96	
			$	14,742.05	

	TOTAL	$	14,742.05	
	District Manager / ADM	Board Member			

Charles Cove CDD
c/o PFM Group Consulting
3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
GriffithV@pfm.com // (407) 723-5938

Verona Griffith

From:	Pete Chichetto <PMChichetto@drhorton.com>
Sent:	Friday, August 18, 2023 3:23 PM
To:	Verona Griffith
Cc:	William Alan Moline
Subject:	RE: Charles Cove PA#129

 ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment	 Approved

Sent from my Verizon, Samsung Galaxy smartphone

-------- Original message --------
From: Verona Griffith <griffithv@pfm.com> Date: 8/18/23 3:19 PM (GMT-05:00)
To: Pete Chichetto <PMChichetto@drhorton.com> Cc: William Alan Moline <WAMoline@drhorton.com>
Subject: FW: Charles Cove PA#129

[External] Hi Pete,
Attached are the latest invoices for your approval to pay. Let me know if you have any questions.

#
Yhur d#u
District Accountant

PFM Group Consulting LLC
GriffithV@pfm.com | phone 407.723.5938 | fax 407.723.5901 | web pfm.com 3501 Quadrangle Blvd.,Suite 270 | Orlando, FL 32817

From: Lynne Mullins <mullinsl@pfm.com>
Sent: Friday, August 18, 2023 3:00 PM To: Verona Griffith <griffithv@pfm.com> Subject: RE: Charles Cove PA#129

Signed. Thanks!

Lynne Mullins
District Manager
1

CHARLES COVE
C O M M U N I T Y  D E V E L O P M E N T  D I S T R I C T

Payment Authorization No. 130
8/16/2023

Item
No.	Vendor	Invoice
Number	General
Fund FY 23	

1	
A & R Contracting & Cleaning
Aug. Clubhouse Cleaning	
1075	
$	600.00	
2	CA Florida Holdings, LLC
Legal Ad 07/05/2023	
5747662	
$	89.60	
3	Duke Energy
200 Eagleview Loop Fountain: Service 07/08/2023 - 08/07/2023	
Acct: 9100 8651 7263	
$	477.17	
	719 Brooklet Dr Fountain: Service 07/08/2023 - 08/07/2023 1000 Crossfield Rd Monument: Service 07/08/2023 - 08/07/2023 1001 Crossfield Rd Irrigation: Service 07/08/2023 - 08/07/2023 1200 Crossfield Rd: Service 06/24/2023 - 07/24/2023
1250 Crossfield Rd Fountain: Service 07/08/2023 - 08/07/2023 2833 Massee Rd: Service 06/24/2023 - 07/24/2023	Acct: 9100 8651 7403
Acct: 9100 8651 7578
Acct: 9100 8651 6957
Acct: 9100 8651 7114
Acct: 9100 8651 7875
Acct: 9101 2746 8568	$	682.65
$	670.94
$	596.06
$	1,031.07
$	1,375.59
$	548.22	
4	Massey Services
Jun. Pest Prevention Services	
54478269	
$	55.00	
5	PFM Group Consulting
Reimbursables	
126181	
$	85.25	
	DM Fee: Jul 2023	DM-07-2023-11	$	2,500.00	
6	Polk County Appraiser
FY 2024 Tax Roll Admin Fee	
4652001	
$	13,519.98	
7	Resort Pool Services
Fountain & Pool Maintenance: Aug & Sep 2023	
20136	
$	2,800.00	
			$	25,031.53	
		TOTAL	$	25,031.53	

District Manager / ADM	Board Member

Charles Cove CDD
c/o PFM Group Consulting
3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
GriffithV@pfm.com // (407) 723-5938

Verona Griffith

From:	Pete Chichetto <PMChichetto@drhorton.com>
Sent:	Friday, September 8, 2023 9:24 AM
To:	Verona Griffith
Cc:	William Alan Moline
Subject:	RE: Charles Cove Pa#130

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

Approved

Pete Chichetto
Land Manager
D.R. HORTON Orlando West
7835 Osceola Polk Line Road, Davenport, FL 33896
C-407-468-7884
America’s #1 Home Builder Since 2002 | D.R. Horton · Express · Emerald · Freedom

From: Verona Griffith <griffithv@pfm.com>
Sent: Friday, September 8, 2023 9:23 AM
To: Pete Chichetto <PMChichetto@drhorton.com>
Cc: William Alan Moline <WAMoline@drhorton.com>
Subject: FW: Charles Cove Pa#130

[External] Pete,
I don’t recall getting this back. Kindly approved for payment.

#
Yhur d#u #
District Accountant

PFM Group Consulting LLC
GriffithV@pfm.com | phone 407.723.5938 | fax 407.723.5901 | web pfm.com 3501 Quadrangle Blvd.,Suite 270 | Orlando, FL 32817

From: Verona Griffith <griffithv@pfm.com> Sent: Thursday, August 31, 2023 9:51 AM To: PMChichetto@drhorton.com
Cc: William Alan Moline <WAMoline@drhorton.com>
Subject: FW: Charles Cove Pa#130

1

CHARLES COVE
C O M M U N I T Y  D E V E L O P M E N T  D I S T R I C T

Payment Authorization No. 131
8/30/2023

Item
No.	Vendor	Invoice
Number	General
Fund FY 23	

1	
Aquatic Weed Management
August Pond Maintenance	
16482	
$	800.00	
2	PFM Group Consulting
Reimbursables	
126568	
$	25.00	
	August DM Fee	DM-08-2023-11	$	2,500.00	
3	Resort Pool Services
September Fountain & Pool Maintenance	
20288	
$	1,700.00	
			$	5,025.00	
		TOTAL	$	5,025.00	

District Manager / ADM	Board Member

Charles Cove CDD
c/o PFM Group Consulting 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
GriffithV@pfm.com // (407) 723-5938

Verona Griffith

From:	Pete Chichetto <PMChichetto@drhorton.com>
Sent:	Monday, September 18, 2023 1:09 PM
To:	Verona Griffith
Subject:	RE: Charles Cove Pa#131

 ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment	 Approved

Sent from my Verizon, Samsung Galaxy smartphone

-------- Original message --------
From: Verona Griffith <griffithv@pfm.com> Date: 9/18/23 11:26 AM (GMT-05:00)
To: Pete Chichetto <PMChichetto@drhorton.com>
Subject: FW: Charles Cove Pa#131

[External] Hello Pete,
Kindly review that attached and grant approval to pay. Thanks

#
Yhur d#u
District Accountant

PFM Group Consulting LLC
GriffithV@pfm.com | phone 407.723.5938 | fax 407.723.5901 | web pfm.com 3501 Quadrangle Blvd.,Suite 270 | Orlando, FL 32817

From: Lynne Mullins <mullinsl@pfm.com> Sent: Monday, September 18, 2023 11:00 AM To: Verona Griffith <griffithv@pfm.com> Subject: RE: Charles Cove Pa#131
Signed. Thanks!
Lynne Mullins
District Manager

PFM Group Consulting LLC
1

CHARLES COVE
C O M M U N I T Y  D E V E L O P M E N T  D I S T R I C T

Payment Authorization No. 132
9/7/2023

Item	Vendor	Invoice		General	
No.		Number	Fund FY 23	

1	
A & R Contracting & Cleaning
Cleaning Services: Sept. 2023				
		1086	$	2,125.00	
2	Paradise Lawns & Landscaping Phase 2 Lawn Maintenance Sept. 2023 Lawn Maintenance Sept. 2023				
		231841
231842	$
$	3,402.59
6,206.52	
			$	11,734.11	

	TOTAL	$	11,734.11	
	District Manager / ADM	Board Member			

CHARLES COVE
C O M M U N I T Y  D E V E L O P M E N T  D I S T R I C T

Payment Authorization No. 133
9/14/2023

Item	Vendor	Invoice	General	
No.		Number	Fund FY 23	

1	
A & R Contracting & Cleaning
Hurricane Prep				
		1082	$	400.00	
2	Affordable Lock & Key				
	Door Handle Installation	5621	$	175.00	
3	Duke Energy
000 Massey Rd Lite Lake Charles Ph 1A: Svs 07/14/2023 - 08/11/2023 1200 Crossfield Rd: Service 07/25/2023 - 08/24/2023
2833 Massee Rd: Service 07/25/2023 - 08/24/2023 3105 Massee Rd Lite: Service 07/15/2023 - 08/14/2023				
		Acct: 9100 8651 8024
Acct: 9100 8651 7114
Acct: 9101 2746 8568
Acct: 9101 3841 1693	$
$
$
$	3,958.58
1,039.71
698.61
2,419.07	
4	Kilinski Van Wyk, PLLC
August General Counsel				
		7352	$	412.50	
5	PFM Group Consulting
Billable Expenses July Postage August Postage				
		126557
OE-EXP-08-2023-09 OE-EXP-09-2023-08	$
$
$	161.86
29.02
18.21	
			$	9,312.56	

	TOTAL	$	9,312.56	
	District Manager / ADM	Board Member			

Verona Griffith

From:	Pete Chichetto <PMChichetto@drhorton.com>
Sent:	Tuesday, September 26, 2023 12:33 PM
To:	Verona Griffith; William Alan Moline
Subject:	RE: Charles Cove Pa#133

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

Approved

Pete Chichetto
Land Manager
D.R. HORTON Orlando West
7835 Osceola Polk Line Road, Davenport, FL 33896
C-407-468-7884
America’s #1 Home Builder Since 2002 | D.R. Horton · Express · Emerald · Freedom

From: Verona Griffith <griffithv@pfm.com>
Sent: Tuesday, September 26, 2023 12:19 PM
To: Pete Chichetto <PMChichetto@drhorton.com>; William Alan Moline <WAMoline@drhorton.com>
Subject: FW: Charles Cove Pa#133

[External] Pete,
Kindly review the attached and approve for payment.

#
Yhur d#u #
District Accountant

PFM Group Consulting LLC
GriffithV@pfm.com | phone 407.723.5938 | fax 407.723.5901 | web pfm.com 3501 Quadrangle Blvd.,Suite 270 | Orlando, FL 32817

From: Lynne Mullins <mullinsl@pfm.com> Sent: Tuesday, September 26, 2023 11:27 AM To: Verona Griffith <griffithv@pfm.com> Subject: RE: Charles Cove Pa#133

Approved, thank you!

Lynne Mullins
1

CHARLES COVE
C O M M U N I T Y	D E V E L O P M E N T	D I S T R I C T

Payment Authorization No. 134
9/21/2023

Item	Vendor	Invoice	General	
No.		Number	Fund FY 23	

1	PFM Group Consulting
Billable Expenses DM Fee Sept 2023				
		126852
DM-09-2023-11	$
$	21,362.82
2,500.00	
2	Resort Pool Services				
	Fountain Repairs	20419	$	250.00	
3	VGlobalTech				
	Quarterly Audits ADA	5159	$	300.00	
	Website Maintenance July 2023	5244	$	135.00	
	Website Maintenance August 2023	5318	$	135.00	
	Website Maintenance September 2023	5407	$	135.00	

$	24,817.82

TOTAL	$	24,817.82

District Manager / ADM	Board Member

Charles Cove CDD
c/o PFM Group Consulting 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
GriffithV@pfm.com // (407) 723-5938

Verona Griffith

From:	Pete Chichetto <PMChichetto@drhorton.com>
Sent:	Tuesday, September 26, 2023 4:39 PM
To:	Verona Griffith
Cc:	William Alan Moline
Subject:	RE: Charles Cove Pa#134

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

Approved

Pete Chichetto
Land Manager
D.R. HORTON Orlando West
7835 Osceola Polk Line Road, Davenport, FL 33896
C-407-468-7884
America’s #1 Home Builder Since 2002 | D.R. Horton · Express · Emerald · Freedom

From: Verona Griffith <griffithv@pfm.com>
Sent: Tuesday, September 26, 2023 4:36 PM
To: Pete Chichetto <PMChichetto@drhorton.com>
Cc: William Alan Moline <WAMoline@drhorton.com>
Subject: FW: Charles Cove Pa#134

[External] Hi Pete,
Kindly review and approve for payment.

#
Yhur d#u #
District Accountant

PFM Group Consulting LLC
GriffithV@pfm.com | phone 407.723.5938 | fax 407.723.5901 | web pfm.com 3501 Quadrangle Blvd.,Suite 270 | Orlando, FL 32817

From: Lynne Mullins <mullinsl@pfm.com> Sent: Tuesday, September 26, 2023 2:26 PM To: Verona Griffith <griffithv@pfm.com> Subject: RE: Charles Cove Pa#134

Signed. Thanks!

1

CHARLES COVE
C O M M U N I T Y  D E V E L O P M E N T  D I S T R I C T

Payment Authorization No. 135
10/3/2023

Item
No.	Vendor	Invoice
Number	General
Fund FY 23	General
Fund FY 24	

1	
Aquatic Weed Management
Pond Maintenance Sept. 2023	

16612	

$	800.00		
2	Coast 2 Coast Backflow
Backflow Repair	
1047	
$	200.00		
3	Dewberry
General Engineering Services Through 08/25/2023	
2335538	
$ 1,265.00		
4	Duke Energy
000 Massey Rd Lite Lake Charles Ph 1A: Svs 08/12/2023 - 09/13/2023	
Acct: 9100 8651 8024	
$ 3,958.85		
	1200 Crossfield Rd: Service 07/25/2023 - 08/24/2023	Acct: 9100 8651 7114	$	962.26		
	1250 Crossfield Rd Fountain: Service 08/08/2023 - 09/07/2023	Acct: 9100 8651 7875	$	5.73		
	2833 Massee Rd: Service 08/25/2023 - 09/22/2023	Acct: 9101 2746 8568	$	714.92		
	3105 Massee Rd Lite: Service 08/15/2023 - 09/14/2023	Acct: 9101 3841 1693	$ 2,419.24		
5	Egis Insurance & Risk Advisors
FY 2024 Insurance	
20371		
$  35,249.00	
6	Kilinski Van Wyk, PLLC
General Counsel June 2023	
6913	
$	137.50		
	General Counsel July 2023	7132	$ 2,743.47		
7	LocaliQ
Legal Ad 08/29/2023 - 09/05/2023	
5935752	
$	740.00		
	Legal Ad 09/08/2023 - 09/08/2023	5935752	$	230.78		
8	Massey Services
Pest Prevention Services: Sept 2023	
54952740	
$	55.00		
9	Paradise Lawns & Landscaping
Lawn Maintenance Oct. 2023	
232031		
$	6,206.52	
	Phase 2 Lawn Maintenance Oct. 2023	232032		$	3,402.59	
10	PFM Group Consulting
Quarterly Disclosures 07/01/2023 - 09/30/2023	
126945	
$ 2,500.00		
11	Resort Pool Services
Fountain & Pool Service Oct. 2023	
20642		
$	1,700.00	
		Subtotal	$ 17,192.75	$  46,788.11	
		TOTAL	$	63,980.86	

District Manager / ADM	Board Member

Charles Cove CDD
c/o PFM Group Consulting 3501 Quadrangle Blvd. Ste. 270
Orlando, FL 32817
GriffithV@pfm.com // (407) 723-5938

Verona Griffith

From:	Pete Chichetto <PMChichetto@drhorton.com>
Sent:	Tuesday, October 10, 2023 4:39 PM
To:	Verona Griffith
Cc:	William Alan Moline
Subject:	RE: Charles Cove Pa#135

ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment

Approved

Pete Chichetto
Land Manager
D.R. HORTON Orlando West
7835 Osceola Polk Line Road, Davenport, FL 33896
C-407-468-7884
America’s #1 Home Builder Since 2002 | D.R. Horton · Express · Emerald · Freedom

From: Verona Griffith <griffithv@pfm.com>
Sent: Tuesday, October 10, 2023 4:05 PM
To: Pete Chichetto <PMChichetto@drhorton.com>
Cc: William Alan Moline <WAMoline@drhorton.com>
Subject: FW: Charles Cove Pa#135

[External] Hello Pete,
Attached are invoices requiring your approval to pay. Let me know if you have any questions or concerns.

#
Yhur d#u #
District Accountant

PFM Group Consulting LLC
GriffithV@pfm.com | phone 407.723.5938 | fax 407.723.5901 | web pfm.com 3501 Quadrangle Blvd.,Suite 270 | Orlando, FL 32817

From: Lynne Mullins <mullinsl@pfm.com> Sent: Tuesday, October 10, 2023 2:39 PM To: Verona Griffith <griffithv@pfm.com> Subject: RE: Charles Cove Pa#135

Signed. Thanks!
1

Charles Cove Community Development District

District Financial Statements

Charles Cove CDD
Statement of Financial Position As of 9/30/2023

General Fund	Debt Service Fund

Capital Projects Fund

Long Term Debt	Total

	Assets		
Current Assets			
General Checking Account	$  200,786.42					$	200,786.42	
Pond Reserve	5,023.39					5,023.39	
Prepaid Expenses	17,241.85					17,241.85	
Deposits	12,681.39					12,681.39	
Debt Service Reserve - Series 2020		$  187,140.63				187,140.63	
Debt Service Reserve - Series 2021		131,150.00				131,150.00	
Revenue - Series 2020		170,327.14				170,327.14	
Revenue - Series 2021		85,333.20				85,333.20	
Acquisition/Construction - Series 2020				$	7,670.47		7,670.47	
Acquisition/Construction - Series 2021	
			7,817.57		7,817.57	
Total Current Assets	$  235,733.05	$  573,950.97		$	15,488.04		$	-	$	825,172.06	

Investments
Amount Available in Debt Service Funds	$	573,950.97		$	573,950.97	
Amount To Be Provided	9,976,049.03		9,976,049.03	
Total Investments	$	-	$	-	$	-	$ 10,550,000.00		$ 10,550,000.00	

Total Assets	$  235,733.05	$  573,950.97	$	15,488.04	$ 10,550,000.00	$ 11,375,172.06

Liabilities and Net Assets

Current Liabilities
Accounts Payable	
$	26,197.82		
$	26,197.82	
Total Current Liabilities	$	26,197.82		$	-	$	-	$	-	$	26,197.82	

Long Term Liabilities				
Revenue Bonds Payable - Long-Term			$ 10,550,000.00		$ 10,550,000.00	
Total Long Term Liabilities	$	-		$	-	$	-	$ 10,550,000.00		$ 10,550,000.00	
Total Liabilities	$	26,197.82		$	-	$	-	$ 10,550,000.00		$ 10,576,197.82	

Net Assets
Net Assets, Unrestricted	

$	4,201.76		  			

$	4,201.76	
Current Year Net Assets, Unrestricted	2,065.90				2,065.90	
Net Assets - General Government	160,945.65				160,945.65	
Current Year Net Assets - General Government	42,321.92				42,321.92	
Net Assets, Unrestricted			$  551,386.86		551,386.86	
Current Year Net Assets, Unrestricted			22,564.11		22,564.11	
Net Assets, Unrestricted			$	8,062.67		8,062.67	
Current Year Net Assets, Unrestricted			7,425.37		7,425.37	
Total Net Assets	$	209,535.23	$	573,950.97	$	15,488.04	$	-	$	798,974.24	
Total Liabilities and Net Assets	$	235,733.05		$	573,950.97		$	15,488.04		$ 10,550,000.00		$	11,375,172.06	

Charles Cove CDD Statement of Activities As of 9/30/2023

	General Fund		Debt Service Fund		Capital Projects Fund		Long Term Debt		Total	

Revenues										
On-Roll Assessments	$ 545,877.26								$  545,877.26	
Other Income & Other Financing Sources	240.00								240.00	
Inter-Fund Transfers In	2,065.90								2,065.90	
On-Roll Assessments			$  642,176.80						642,176.80	
Other Income & Other Financing Sources			150.41						150.41	
Inter-Fund Group Transfers In			(9,076.93)						(9,076.93)	
Inter-Fund Transfers In					$	7,011.03				7,011.03	
Total Revenues	$ 548,183.16		$  633,250.28		$	7,011.03		$	-		$ 1,188,444.47	
Expenses										
Public Officials' Liability Insurance	$	2,504.00								$	2,504.00	
Trustee Services	7,497.61								7,497.61	
Management	30,000.00								30,000.00	
Engineering	7,950.00								7,950.00	
Disclosure	7,500.00								7,500.00	
Property Appraiser	12,615.67								12,615.67	
District Counsel	6,431.06								6,431.06	
Assessment Administration	15,000.00								15,000.00	
Audit	6,500.00								6,500.00	
Arbitrage Calculation	1,200.00								1,200.00	
Travel and Per Diem	352.68								352.68	
Postage & Shipping	854.36								854.36	
Copies	25.00								25.00	
Legal Advertising	1,174.13								1,174.13	
Miscellaneous	175.00								175.00	
Meeting Room	74.82								74.82	
Web Site Maintenance	2,520.00								2,520.00	
Dues, Licenses, and Fees	175.00								175.00	
Security	3,289.77								3,289.77	
Electric	61,547.82								61,547.82	
Fountains	19,401.91								19,401.91	
Fountain Maintenance	520.00								520.00	
Water-Sewer	10,422.70								10,422.70	
Amenity - Landscape Maintenance	17,500.00								17,500.00	
Amenity - Pool Maintenance	19,980.35								19,980.35	
Amenity - Janitorial	26,663.00								26,663.00	
Amenity - Pest Control	55.00								55.00	
Equipment Rental	4,465.48								4,465.48	
General Liability Insurance	3,059.00								3,059.00	
Property & Casualty Insurance	20,624.00								20,624.00	
Irrigation	76,401.12								76,401.12	
Lake Maintenance	4,800.00								4,800.00	
Landscaping Maintenance & Material	91,700.04								91,700.04	
Landscape Improvements	10,409.28								10,409.28	
Contingency	19.53								19.53	
Signage & Amenities Repair	775.00								775.00	
Hurricane Cleanup	650.00								650.00	
Streetlights	32,090.42								32,090.42	
Principal Payments (Series 2020)			$  120,000.00						120,000.00	
Principal Payments 2021 bond			95,000.00						95,000.00	
Interest Payments (Series 2020)			253,968.76						253,968.76	
Interest Payments (Series 2021)			165,475.00						165,475.00	
Total Expenses	$ 506,923.75		$  634,443.76		$	-		$	-		$ 1,141,367.51	
Other Revenues (Expenses) & Gains (Losses)										
Interest Income	$	3,128.41								$	3,128.41	
Interest Income			$	23,757.18						23,757.18	
Dividend Income			0.41						0.41	
Interest Income					$	414.33				414.33	
Dividend Income					0.01				0.01	
Total Other Revenues (Expenses) & Gains (Losses)	$	3,128.41		$	23,757.59		$	414.34		$	-		$	27,300.34	
Change In Net Assets	$  44,387.82		$	22,564.11		$	7,425.37		$	-		$	74,377.30	

Net Assets At Beginning Of Year	
$ 165,147.41		
$  551,386.86		
$	8,062.67		
$	-		
$  724,596.94	

Net Assets At End Of Year	
$ 209,535.23		
$  573,950.97		
$	15,488.04		
$	-		
$  798,974.24	

Charles Cove CDD
Budget to Actual
For the Month Ending 9/30/2023

Year To Date

Actual		
Budget		
Variance		FY 2023
Adopted Budget		Percentage Used	

Revenues											
On-Roll Assessments	$	545,877.26		$ 536,677.24		$	9,200.02		$ 536,677.24		101.71%	
Other Income & Other Financing Sources		240.00		-		240.00		-		0.00%	
Net Revenues	$	546,117.26		$ 536,677.24		$	9,440.02		$ 536,677.24		101.76%	
General & Administrative Expenses											
Public Officials' Liability Insurance	$	2,504.00		$	2,850.00		$	(346.00)		$	2,850.00		87.86%	
Trustee Services		7,497.61		7,000.00		497.61		7,000.00		107.11%	
Management		30,000.00		30,000.00		-		30,000.00		100.00%	
Field Management		-		500.00		(500.00)		500.00		0.00%	
Engineering		7,950.00		10,000.00		(2,050.00)		10,000.00		79.50%	
Disclosure		7,500.00		10,000.00		(2,500.00)		10,000.00		75.00%	
Property Appraiser		12,615.67		13,000.00		(384.33)		13,000.00		97.04%	
District Counsel		6,431.06		13,480.00		(7,048.94)		13,480.00		47.71%	
Assessment Administration		15,000.00		15,000.00		-		15,000.00		100.00%	
Reamortization Schedules		-		250.00		(250.00)		250.00		0.00%	
Audit		6,500.00		3,000.00		3,500.00		3,000.00		216.67%	
Arbitrage Calculation		1,200.00		-		1,200.00		-		0.00%	
Travel and Per Diem		352.68		600.00		(247.32)		600.00		58.78%	
Telephone		-		10.00		(10.00)		10.00		0.00%	
Postage & Shipping		854.36		1,200.00		(345.64)		1,200.00		71.20%	
Copies		25.00		1,000.00		(975.00)		1,000.00		2.50%	
Legal Advertising		1,174.13		3,000.00		(1,825.87)		3,000.00		39.14%	
Miscellaneous		175.00		-		175.00		-		0.00%	
Contingency		19.53		200.00		(180.47)		200.00		9.77%	
Meeting Room		74.82		600.00		(525.18)		600.00		12.47%	
Office Supplies		-		250.00		(250.00)		250.00		0.00%	
Web Site Maintenance		2,520.00		2,820.00		(300.00)		2,820.00		89.36%	
Dues, Licenses, and Fees		175.00		175.00		-		175.00		100.00%	
Security		1,380.00		-		1,380.00		-		0.00%	
General Liability Insurance		3,059.00		3,500.00		(441.00)		3,500.00		87.40%	
Hurricane Cleanup		650.00		3,878.24		(3,228.24)		3,878.24		16.76%	
Total General & Administrative Expenses	$	107,657.86		$ 122,313.24		$ (14,655.38)		$ 122,313.24		88.02%	
General & Administrative Expenses											
Electric	$	61,547.82		$  45,000.00		$  16,547.82		$  45,000.00		136.77%	
Fountains		19,401.91		20,000.00		(598.09)		20,000.00		97.01%	
Fountain Maintenance		520.00		740.00		(220.00)		740.00		70.27%	
Water-Sewer		10,422.70		15,000.00		(4,577.30)		15,000.00		69.48%	
Road Reserve		-		1,000.00		(1,000.00)		1,000.00		0.00%	
Amenity - Landscape Maintenance		17,500.00		23,750.00		(6,250.00)		23,750.00		73.68%	
Amenity - Pool Maintenance		19,980.35		22,000.00		(2,019.65)		22,000.00		90.82%	
Amenity - Access Control		-		1,000.00		(1,000.00)		1,000.00		0.00%	
Amenity - Janitorial		26,663.00		24,000.00		2,663.00		24,000.00		111.10%	
Amenity - Pest Control		55.00		500.00		(445.00)		500.00		11.00%	
Amenity - Security Cameras (WiFi)		1,909.77		2,000.00		(90.23)		2,000.00		95.49%	
Amenity - Miscellaneous		-		500.00		(500.00)		500.00		0.00%	
Equipment Rental		4,465.48		-		4,465.48		-		0.00%	
Property & Casualty Insurance		20,624.00		20,624.00		-		20,624.00		100.00%	
Irrigation		76,401.12		75,000.00		1,401.12		75,000.00		101.87%	
Lake Maintenance		4,800.00		7,000.00		(2,200.00)		7,000.00		68.57%	
Landscaping Maintenance & Material		91,700.04		95,000.00		(3,299.96)		95,000.00		96.53%	
Landscape Improvements		10,409.28		14,750.00		(4,340.72)		14,750.00		70.57%	
Equipment Repair & Maintenance		-		500.00		(500.00)		500.00		0.00%	
Signage & Amenities Repair		775.00		1,000.00		(225.00)		1,000.00		77.50%	
Streetlights		32,090.42		45,000.00		(12,909.58)		45,000.00		71.31%	
Total General & Administrative Expenses	$	399,265.89		$ 414,364.00		$ (15,098.11)		$ 414,364.00		96.36%	
Total Expenses	 $ 	506,923.75 		 $ 536,677.24 		 $ (29,753.49)		 $ 536,677.24 		94.46%	
Income (Loss) from Operations	$	39,193.51		$	-		$  39,193.51		$	-			
Other Income (Expense)											
Interest Income	$	3,128.41		$	-		$	3,128.41		$	-			
Total Other Income (Expense)	$	3,128.41		$	-		$	3,128.41		$	-			
Net Income (Loss)	$	42,321.92		$	-		$  42,321.92		$	-			

Page 1 of 1							

CHARLES COVE CDD
FY 2022 - 2023 CASH FLOW STATEMENT

Date	FY23 Beg. Cash	Dev. Contr.	On-Roll		Misc	FY23 Inflows	Checks	DS Dist.	ACH	FY23 Outflows	End. Cash	
10/1/2022 $ 121,757.74	$	-	$	-	$  7,499.60	$	129,257.34	$ 44,685.39	$	-	$	4,945.53	$	49,630.92	$  79,626.42	
11/1/2022 $	79,626.42	$	-	$  106,156.04	$  1,915.49	$	187,697.95	$	3,990.00	$	-	$	9,782.82	$	13,772.82	$ 173,925.13	
12/1/2022 $ 173,925.13	$	-	$  749,542.39	$	-	$	923,467.52	$ 42,581.72	$ 57,410.91	$ 10,300.08	$  110,292.71	$ 813,174.81	
1/1/2023 $ 813,174.81	$	-	$  311,798.39	$	50.00	$ 1,125,023.20	$ 42,611.14	$ 573,684.69	$	8,294.28	$  624,590.11	$ 500,433.09	
2/1/2023 $ 500,433.09	$	-	$	2,211.71	$	-	$	502,644.80	$ 10,671.99	$	-	$ 14,213.70	$	24,885.69	$ 477,759.11	
3/1/2023 $ 477,759.11	$	-	$	4,468.56	$	-	$	482,227.67	$ 31,397.03	$	3,610.88	$ 15,614.33	$	50,622.24	$ 431,605.43	
4/1/2023 $ 431,605.43	$	-	$	-	$	-	$	431,605.43	$ 22,320.93	$	-	$	6,905.49	$	29,226.42	$ 402,379.01	
5/1/2023 $ 402,379.01	$	-	$	6,606.33	$	150.41	$	409,135.75	$ 23,193.61	$	-	$	8,673.16	$	31,866.77	$ 377,268.98	
6/1/2023 $ 377,268.98	$	-	$	9,364.01	$	110.00	$	386,742.99	$ 53,729.41	$	2,475.35	$	7,995.62	$	64,200.38	$ 322,542.61	
7/1/2023 $ 322,542.61	$	-	$	-	$	49.55	$	322,592.16	$ 17,537.11	$	5,061.51	$ 18,152.69	$	40,751.31	$ 281,840.85	
8/1/2023 $ 281,840.85	$	-	$	-	$	149.77	$	281,990.62	$ 46,591.37	$	-	$ 10,921.36	$	57,512.73	$ 224,477.89	
9/1/2023 $ 224,477.89	$	-	$	-	$	958.87	$	225,436.76	$ 17,955.70	$	-	$	6,694.64	$	24,650.34	$ 200,786.42	
10/1/2023 $ 200,786.42	$	-	$	-	$	218.59	$	201,005.01	$ 26,197.82	$	-	$	6,383.82	$	32,581.64	$ 168,423.37 as at 10/10/2023	
	
$	
-	
$ 1,190,147.43	
$ 10,883.69		
$ 383,463.22	
$ 642,243.34	
$ 122,493.70			

Charles Cove Community Development District

Field Report

Company: PFM Field Services	Email: PFMFieldServices@triadassocmgmt.com	
Contact:	Madison McAdams	Title:	Charles Cove September 2023 Inspection Report	
Phone:	352-602-4803			

(1)	Entrance Monument

(2)	Entrance Monument

(3)	Staining Along
Entrance Monument Wall
Noticed some discoloration along the entrance monument wall. This seems to be caused by the water overflow from the fountain.

Company: PFM Field Services	Email: PFMFieldServices@triadassocmgmt.com	
Contact:	Madison McAdams	Title:	Charles Cove September 2023 Inspection Report	
Phone:	352-602-4803			

(4)	Cracked Sidewalk By Entrance Monument
Noticed cracks on sidewalk near the entrance monument. Please advise if the District would like proposals for it's repair.

(5)	Distressed Landscape
Area next to exit monument seems to have been ran over. Would the District like a quote for a sod fill?

(6)	Boulevard Median

Company: PFM Field Services	Email: PFMFieldServices@triadassocmgmt.com Contact:	Madison McAdams	Title: Charles Cove September 2023 Inspection Report Phone:	352-602-4803

(7)	Long Pathway Around Common Area
Possibly caused by construction. The area seems distressed.

(8)	Pond

(9)	Damaged Landscape Around
Lift Station
Area seems to have been ran over and also used as a construction material storage area.

(10)

Company: PFM Field Services	Email: PFMFieldServices@triadassocmgmt.com Contact:	Madison McAdams	Title: Charles Cove September 2023 Inspection Report Phone:	352-602-4803

Damaged Landscape
Area seems to have been used for parking which has caused a lot of the landscaping to be distressed.

(11)	Distressed Landscaping

(12)	Distressed Landscaping

Company: PFM Field Services	Email: PFMFieldServices@triadassocmgmt.com Contact:	Madison McAdams	Title: Charles Cove September 2023 Inspection Report Phone:	352-602-4803

(13)	Pond

(14)	Distressed Landscaping Along Pond
Due to the amount of construction supplies along damaged path, damage seems to have been caused by a contractor or vendor who used the area as an access point

(15)	Multiple Construction Materials Along Damaged Pathway

Company: PFM Field Services	Email: PFMFieldServices@triadassocmgmt.com Contact:	Madison McAdams	Title: Charles Cove September 2023 Inspection Report Phone:	352-602-4803

(16)	Distressed Landscaping
This area is the start of the damaged pathway around the pond. Possibly due to a vehicle or trailer of some sort.

(17)	Construction Trailer
Landscaping does not seem to be maintained. Please advise if this will be district responsibility

(18)	Trees In Distress
Per landscaper, the trees are not declining and are still sprouting healthy leaves

(19)

Company: PFM Field Services	Email: PFMFieldServices@triadassocmgmt.com Contact:	Madison McAdams	Title: Charles Cove September 2023 Inspection Report Phone:	352-602-4803

Median Landscape
Enhancements proposal pending approval

(20)	Cracked Sidewalk

(21)	Second Entrance
Landscaping
Most likely due to sidewalk install, area by the second entrance is distressed. Will continue to monitor

Company: PFM Field Services	Email: PFMFieldServices@triadassocmgmt.com Contact:	Madison McAdams	Title: Charles Cove September 2023 Inspection Report Phone:	352-602-4803

(22)

Washout Along Perimeter Wall
Noticed some wash out along the perimeter wall landscaping. Please advise on how the District would like to proceed for a solution.

Work Order List

Charles Cove CDD

Status Selected: Ready for Inspection, Closed, Scheduled, Awaiting Quote, Pending, Awaiting BOD approval, Ready for Payment,

ID

Due Date/
Follow-up

Description

Assigned To / Contact

Estimate

Inspection Needed

Awaiting BOD approval				
Landscaping				
903	Cabana Landscape Replacement			
	Proposals	Cabana		
Entered Date: 3/9/2023			
$0.00	
904	Culs-De Sac Sod Install			
		Cabana		
Entered Date: 3/9/2023			
$0.00	
905	Entrance Sod			
		Misc Common Area		
Entered Date: 3/9/2023			
$0.00	
		Landscaping Count:	0	
TRIAD- Madison				
776	Uprooted Trees			
		Misc Common Area		
Entered Date: 2/8/2023			
$0.00	
		TRIAD- Madison Count:	0	
		Awaiting BOD approval Count:	0	
Closed				
Landscaping				
430	Storm Related - Landscaping Items			

Entered Date: 10/5/2022			
$0.00	
448	Weeds along conservation fence			

Entered Date: 10/9/2022			
$0.00	
450	Dead bushes; remove and replace-			
	Pool Area			
Entered Date: 10/9/2022			
$0.00	
451	Drain hole blocked - between			
	cabana/pool and playground			
Entered Date: 10/9/2022			
$0.00	
452	Weeds: playground area			

Entered Date: 10/9/2022			
$0.00	
454	Dead bushes & Weeds; remove and			
	replace (outside Cabana fence)			

Work Order List

Charles Cove CDD

Status Selected: Ready for Inspection, Closed, Scheduled, Awaiting Quote, Pending, Awaiting BOD approval, Ready for Payment,
Inspection Needed

ID

Due Date/
Follow-up

Description

Assigned To / Contact

Estimate

Entered Date: 10/9/2022			$0.00	
526	Front Entrance Weeds	Paradise Lawns		

Entered Date: 11/2/2022			
$0.00	
527	Leaning Trees at Pool Parking Lot	Paradise Lawns		
	and Mailbox Area			
Entered Date: 11/2/2022			
$0.00	
528	Mulch Installation- CDD District	Paradise Lawns		
	Areas			
Entered Date: 11/2/2022			
$0.00	
578	Leaning/Down Trees in Phase 11			

Entered Date: 11/17/2022			
$0.00	
648	Trees in Pond			

Entered Date: 12/15/2022			
$0.00	
688	Trimming of Bushes			

Entered Date: 1/12/2023			
$0.00	
689	Stressed bushes at Cabana			

Entered Date: 1/12/2023			
$0.00	
838	Irrigation Repair			

Entered Date: 2/28/2023			
$0.00	
1038	Soccer Field Irrigation Check			

Entered Date: 4/11/2023			
$0.00	
1039	Leaning Tree along perimeter wall			

Entered Date: 4/11/2023			
$0.00	
		Landscaping Count:	0	
Maintenance/Handyman				
431	Storm Related - Signage			

Entered Date: 10/5/2022			
$0.00	
445	Pressure wash picnic area (back			
	right side of pool area)			

Work Order List

Charles Cove CDD

Status Selected: Ready for Inspection, Closed, Scheduled, Awaiting Quote, Pending, Awaiting BOD approval, Ready for Payment,

Estimate

Assigned To / Contact

Description

Due Date/
Follow-up

ID

Inspection Needed

Entered Date: 10/9/2022			$0.00	
446	Stop sign repair: Lovana & Eagleview			

Entered Date: 10/9/2022			
$0.00	
455	Stop sign repair (pool entrance			
	parking)			
Entered Date: 10/9/2022			
$0.00	
929	Replacement of damaged pool rules	A & R Contracting and Cleaning LLC		
	sign			
Entered Date: 3/17/2023			
$0.00	
1079	Stop Sign Replacement			

Entered Date: 4/17/2023			
$0.00	
		Maintenance/Handyman Count:	0	
Pool				
447	Replace broken Pool Skimmer			

Entered Date: 10/9/2022			
$0.00	
1557	Fountains			

Entered Date: 7/6/2023			
$0.00	
		Pool Count:	0	
Professional Services				
444	Street Sign Repair- Post Oak Dr &			
	Elkridge			
Entered Date: 10/9/2022			
$0.00	
453	Pest Control: Ant mound along			
	sidewalk near playground			
Entered Date: 10/9/2022			
$0.00	
525	Entrance Sign Water Feature			

Entered Date: 11/2/2022			
$0.00	
533	Broken Pool Deck	McDonnell Corporation		

Entered Date: 11/3/2022			
$0.00	
667	Pool Gate- Not Closing			

Work Order List

Charles Cove CDD

Status Selected: Ready for Inspection, Closed, Scheduled, Awaiting Quote, Pending, Awaiting BOD approval, Ready for Payment,
Inspection Needed

ID

Due Date/
Follow-up

Description

Assigned To / Contact

Estimate

Entered Date: 12/29/2022			$0.00	
700		Damaged street signs	A & R Contracting and Cleaning LLC		

Entered Date: 1/18/2023			
$0.00	
777		Pest Control at Cabana			

Entered Date: 2/8/2023			
$0.00	
956		Fountain Behind 1051 Andean Lane			
		not working			
Entered Date: 3/23/2023			
$0.00	
1543		Fountain behind Model Home			

Entered Date: 7/5/2023			
$0.00	
1770		Bathroom Stall and Loose Toilet			

Entered Date: 8/1/2023			
$0.00	
1824		Broken Fountain behind model			
		home			
Entered Date: 8/9/2023			
$0.00	
1931		Loose Bolt on bench			

Entered Date: 8/22/2023			
$0.00	
1937		Hygiene Storage			

Entered Date: 8/23/2023			
$0.00	
			Professional Services Count:	0	
Project					
394	09/01/2023	Annual Backflow Inspection Due 1st			
		of September			
Entered Date: 9/26/2022			
$0.00	
			Project Count:	0	
TRIAD- Madison	
600		Possible Depression/ Gopher Hole			

Entered Date: 11/28/2022			
$0.00	
		TRIAD- Madison Count:	0	
		Closed Count:	0	

Work Order List

Charles Cove CDD

Status Selected: Ready for Inspection, Closed, Scheduled, Awaiting Quote, Pending, Awaiting BOD approval, Ready for Payment,

ID

Due Date/
Follow-up

Description

Assigned To / Contact

Estimate

Inspection Needed

Pending			
Developer/Builder			
823	Sidewalk Repair		
	Misc Common Area		
Entered Date: 2/22/2023		
$0.00	
	Developer/Builder Count:	0	
Professional Services			
699	Missing street signs		
	Misc Common Area		
Entered Date: 1/18/2023		
$0.00	
	Professional Services Count:	0	
	Pending Count:	0	
	Charles Cove CDD Count:	0	
	Estimate Total:	$0.00