Sunbridge Stewardship District
12051 Corporate Boulevard, Orlando, FL 32817
Phone: 407-723-5935
https://www.sunbridgesd.com

Notice is hereby given that the Board of Supervisors (“Board”) of the Sunbridge Stewardship District (“District”) will hold a meeting of the Board of Supervisors on March 4, 2021 at 3:30 p.m. at the Narcoossee Community Center, 5354 Rambling Road, St. Cloud, FL 34771. Questions or comments on the Board Meeting or proposed agenda may be addressed to Lynne Mullins mullinsl@pfm.com or (407) 723-5935. A quorum (consisting of at least three of the five Board Members) will be confirmed prior to the start of the Board Meeting.

Please use the following information to join the telephonic conferencing:

Phone: 1-844-621-3956	Participant Code:	796 761 297#

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the January 7, 2021 Board of Supervisors’ Meeting

Business Matters
Consideration of Draft Task Order #1 Pursuant to Master Research Agreement
Ratification of FY 2020 Fee Increase Letter from CRI Regarding the Utility Audit
Ratification of Lighting Installation, Upgrade and Service Agreement (Cyrils Drive Phase 2)
Ratification of Payment Authorization Nos. 116, 117 & 119 - 122
Review of District’s Financial Position and Budget to Actual YTD

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Supervisor Requests

Adjournment

Sunbridge Stewardship District

Minutes of the January 7, 2021 Board of Supervisors’ Meeting

MINUTES OF MEETING

SUNBRIDGE STEWARDSHIP DISTRICT BOARD OF SUPERVISORS’ MEETING
Thursday, January 7, 2021 at 3:30 p.m.
Narcoossee Community Center, 5354 Rambling Road, St. Cloud, FL 34771

Board Members Present:

Richard Levey	Chair
Rob Adams	Vice-Chair	(via phone)
Brent Schademan	Assistant Secretary
Julie Salvo	Assistant Secretary Also Present:
Lynne Mullins	PFM		
Kevin Plenzler	PFM	(via phone)	
Jennifer Walden	PFM	(via phone)	
Johnathan Johnson	District Counsel	(via phone)	
Cristyann Courtney	Tavistock	(via phone)	
Christie Baxter	Poulos & Bennett	(via phone)	

FIRST ORDER OF BUSINESS	Call to Order and Roll Call

The meeting was called to order. The Board Members, staff, and public in attendance are outlined above.

SECOND ORDER OF BUSINESS	Consideration of the Minutes from the November 5, 2020 Board of Supervisors’ Meeting

The Board reviewed the minutes for the November 5, 2020 Board of Supervisors’ Meeting.

On MOTION by Mr. Schademan, seconded by Ms. Salvo, with all in favor, the Board approved the minutes for the November 5, 2020 Board of Supervisors’ Meeting.

THIRD ORDER OF BUSINESS	Appointment of Auditor Selection Committee

Ms. Mullins noted the Board needs to appoint a committee to select an auditor and the Board can appoint itself as the Auditor Selection Committee and is also our recommendation. Dr. Levey noted this is past practice.

On MOTION by Mr. Schademan, seconded by Ms. Salvo, with all in favor, the Board appointed the five Board Members as the Auditor Selection Committee.

FOURTH ORDER OF BUSINESS	Discussion Regarding Synovus Banks Fees

Ms. Lane stated that Synovus was waiving all fees and is no longer able to waive these fees. Currently, we have all fees waived at Valley Bank and City National Bank. The Board discussed further and will defer until Mr. Plenzler speaks with Mr. Wilder regarding having the fees waived.

FIFTH ORDER OF BUSINESS	Consideration	of	E-Verify Memorandum of Understanding

Mr. Johnson stated the Florida Legislature recently enacted Section 448.095, Florida Statutes, which, generally speaking, requires that all employers verify employment eligibility using the United States Department of Homeland Security’s “E-Verify” system. Specifically, Section 448.095(2)(a), beginning January 1, 2021, every public employer, contractor, and subcontractor shall register with and use the E-Verify system to verify the work authorization status of all newly hired employees. A public employer, contractor, or subcontractor may not enter into a contract unless each party to the contract registers with and uses the E-Verify system. Section 448.095(1), F.S., defines “public employer” to be any “regional, county, local, or municipal government. Because all CDDs and stewardship districts (together, “Special Districts”) enter into contracts with contractors (and many Special Districts have employees), all Special Districts are subject to the new E-Verify requirements.

On MOTION by Ms. Salvo, seconded by Mr. Schademan, with all in favor, the Board approved the E-Verify Memorandum of Understanding.

SIXTH ORDER OF BUSINESS	Consideration of Data Sharing and Usage Agreement with Osceola County

Ms. Mullins stated this Agreement renews every year and allows us to receive confidential parcel information.

On MOTION by Mr. Schademan, seconded by Ms. Salvo, with all in favor, the Board approved the Data Sharing and Usage Agreement with Osceola County.

SEVENTH ORDER OF BUSINESS	Consideration of Right of Way Utilization Interlocal Agreement for Landscape, Hardscape, Specialty Street Signs and Irrigation

Mr. Johnson this is a standard agreement put into local form and is requested by Osceola County. Mr. Levey stated this is also a requirement of the Cyrils Road Agreement with Osceola County and we are fulfilling the obligation by approving this Agreement.

On MOTION by Mr. Schademan, seconded by Ms. Salvo, with all in favor, the Board approved the Right of Way Utilization Interlocal Agreement for Landscape, Hardscape, Specialty Street Signs and Irrigation in substantial form.

EIGHTH ORDER OF BUSINESS	Consideration of University of Florida Applied Research Agreement

Mr. Johnson stated the Agreement is tended to provide for the availability of UF Research Unit to assist in various analytic efforts relative to the Sunbridge property. Dr. Levey stated this is the Master Agreement that anticipates task orders moving forward. This is part of our commitment to environmental Stewardship. This sets out the terms and conditions and the relationship between the District and UF. Additionally, a task order is in process and will be brought back before the Board.

On MOTION by Ms. Salvo, seconded by Mr. Schademan, with all in favor, the Board approved University of Florida Applied Research Agreement.

NINTH ORDER OF BUSINESS	Consideration of the Letter to South Florida Water Management District Regarding Sunbridge NED Cyrils Drive Phase 3

Mr. Levey stated this is to acknowledge that the District will be responsible for an operate and maintain the proposed stormwater management system for Sunbridge NED Cyrils Drive Phase 3 under SFWMD application number 201204-4811.

On MOTION by Mr. Schademan, seconded by Ms. Salvo, with all in favor, approved the Sunbridge NED Cyrils Drive Phase 3 Letter to South Florida Water Management District.

TENTH ORDER OF BUSINESS	Consideration	of	Payment Authorization Nos. 109 -1115

The Board reviewed Payment Authorizations 109-115. Dr. Levey noted these have been approved, paid and just need to be ratified by the Board.

On MOTION by Ms. Salvo, seconded by Mr. Schademan, with all in favor, the Board ratified Payment Authorization Nos. 109-115.

ELEVENTH ORDER OF BUSINESS	Review	of	District	Financial Statements

The Board reviewed the monthly financials through November 2020. No action is required by the Board.

TWELFTH ORDER OF BUSINESS	Staff Reports

District Counsel-	No report District Manager-	No Report Engineer-	No Report
THIRTEENTH ORDER OF BUSINESS	Supervisor Requests & Audience
Comments There were no Supervisor requests or audience comments FOURTEENTH ORDER OF BUSINESS	Adjournment
There was no further business to discuss. Dr. Levey requested a motion to adjourn.

ON MOTION by Ms. Salvo, seconded by Mr. Schademan the meeting January 7, 2021 meeting of the Sunbridge Stewardship District was adjourned.

 	_	_	 	_ 	
Secretary / Assistant Secretary	Chairman / Vice Chairman

Sunbridge Stewardship District

Draft Task Order #1 Pursuant to Master Research Agreement

UF/IFAS SUSTAINABLE FLORIDIANS BENCHMARKING & MONITORING PROGRAM (SF-BMP) & SUNBRIDGE STEWARDSHIP DISTRICT (SSD): TASK ORDER #1 PURSUANT TO UF MASTER RESEARCH AGREEMENT #00020478
Jennison Kipp1 and Pierce Jones2 (15 Feb 2021) 

SF-BMP Overview

The goal of the Sustainable Floridians Benchmarking & Monitoring Program (SF-BMP) is to provide a comprehensive, incentive-based, and dynamic sustainability performance framework for new land development projects in Florida. Through applied research, education, and outreach partnerships with the University of Florida Institute of Food and Agricultural Services (UF/IFAS), SF-BMP pilot projects function as “living laboratories” that benchmark, set, adopt, implement, manage, monitor, and adapt an integrated suite of ecological and sustainability performance metrics and targets over the life of the project. The SF-BMP framework is guided by eight core principles:
Target master-planned communities in Florida from concept to build-out.
Work within strategic water, energy, and nutrient budgets that exceed code-minimum and current standards of practice.
Focus on measurable, performance-based outcomes supplemented by prescriptive practices.
Enshrine conservation and efficiency incentives in communities’ legal documents.
Follow a phased and iterative performance benchmarking, monitoring, and verification process.
Require annual renewal of Program participation commitments and standards until a community is “built-out”.
Be completely voluntary and operated on a fee-for-service/task order basis.
Publish the results periodically in professional, academic, and popular literature.

UF/IFAS Program for Resource Efficient Communities (PREC) and SF-BMP promote the adoption of best design, construction, and management practices in master-planned land development projects that measurably reduce the demand for resources while protecting and enhancing natural ecosystems. We do not endorse specific projects or products but do promote research validated practices. SF-BMP clientele—landowners, developers, built environment professionals, etc.—enter partnership agreements with UF/IFAS PREC for customized application of the SF-BMP Program to specific Florida land development projects. This service model connects clientele directly with UF/IFAS research and Extension specialists with the expertise needed to specify strategies and practices covering the full range of ecological and sustainability elements encountered in land development.

Sunbridge Project Overview
Sunbridge is a 30,000-acre real estate development project in Central Florida (East Orange and Osceola Counties). Defining features of the project include: its structure as a ‘Stewardship District’, a local government as defined by Florida Statute; a natural ‘Chain of Lakes’ creating a dominant freshwater presence throughout the landscape; a network of canals that traverse the land; and an ‘Eco-Life’ vision for the community focused on integrated ecological and human health and wellness.3 Conservation and preservation of the water, land, and natural ecosystems are critical not only for the long-term success of the development project itself, but also to the health, wellbeing, and quality of life of the community and its future generations of residents.
The Sunbridge Stewardship District (the District) is seeking recommendations from UF/IFAS PREC on six core ecological and sustainability elements that will be integrated directly with current and future phases of the project: 1) water quality preservation; 2) water resource conservation; 3) ecological preservation; 4) energy conservation; 5) holistic mobility; and 6) community engagement. To evaluate the possibilities for and ecological implications of the project’s conceptual designs and help guide the decision process, PREC proposes initiation of an applied research partnership with the District focused on customizing and piloting SF-BMP at Sunbridge.

SF-BMP Task Order #1 Scope

Over the course of the full SF-BMP partnership with Sunbridge Stewardship District, UF/IFAS PREC research and Extension specialists will work directly with District partners to evaluate the Sunbridge site and master development plan, identify opportunities and priorities aligned with the District vision and SF-BMP principles, customize SF-BMP elements and performance targets for compatibility with unique Sunbridge features and development goals, and facilitate ongoing engagement and education with the Sunbridge Stewardship District, contractors, and residents. PREC specialists will play the primary role in coordinating, supervising, developing, and delivering project
1 Sustainable FloridiansSM State Coordinator, UF/IFAS Program for Resource Efficient Communities, mjkipp@ufl.edu
2 Professor and Director, UF/IFAS Program for Resource Efficient Communities, piercejones@ufl.edu
3 Project website at https://sunbridgefl.com/

recommendations, educational content, and training programs for District partners, contractors, and residents. This Task Order #1 focuses on collaboration between the District and PREC teams to accomplish the following objectives:
Operationalize: Clearly define the land development project, partnership goals, and respective roles, and agree upon a phased plan of work.
Baseline: Evaluate conceptual development plans for the project, review site maps and resource inventories, and identify specific SF-BMP performance elements and opportunities.
Set Performance Goals: Benchmark the performance of comparable communities and specify, relative to benchmark metrics, aspirational (long-term) and incremental (near-term) performance targets for the project.
Construct Framework: Develop an applied research design and performance monitoring plan for holistic implementation of the SF-BMP framework.
Task 1.1: Project Orientation
SF-BMP team in-depth project review (virtually) of proposed and approved master and incremental development concept plans, site resource inventories or impact assessments (environmental and economic), planning and construction timelines and milestones, design specifications (infrastructure, hardscapes, and landscapes); and construction, operations, and maintenance guidelines.
Site Visit: SF-BMP team to meet (in person4) with SSD leadership to tour the land development site, document baseline conditions, identify site assets and potential constraining factors as they pertain to the overall SF-BMP framework, discuss initial impressions and range of opportunities and constraints for SF-BMP performance goals, metrics, and monitoring protocols.
Project Orientation Synthesis: Follow-up team meeting on UF’s main campus in Gainesville (or virtually if necessary) to draft and customize the design, scope, and performance goals, metrics, and monitoring protocol elements of the SF-BMP framework for application to the Sunbridge project.
Task 1.1 Deliverables: PREC Senior Project Manager to coordinate work plan and communications; organize, attend, and facilitate regular project team meetings, site visit, and project orientation meeting; draft preliminary (v1) SF-BMP framework with specific performance elements, metrics, and monitoring protocols (i.e., draft project design and methodology); provide summary memos to partnership team documenting Task 1.1 activities; and submit final project memos to SSD team (Sponsor).
Dates: TBD – estimated duration of 8-10 weeks from execution of Task Order #1
Task 1.2: SF-BMP Framework and Research Design Customization for application to Sunbridge project. Task 1.1 activities will enable the project team to identify the Sunbridge areas most suitable for application of marquee sustainability features such as stormwater ecological enhancement projects (SEEP), pollinator corridors and/or habitats, and functioning renewable energy facilities. Task 1.2 focuses on customizing the SF-BMP framework and research design to these high-priority marquee features, identifying feasible best practices, performance indicators and targets, and benchmarking, monitoring, and management strategies in five areas:
Land-based features (natural areas, open space, and “Chain of Lakes” watershed uplands);
Water features (freshwater lakes, aquatic ecology, fish and wildlife biodiversity; green stormwater infrastructure);
Soils management and landscape features (reducing embedded irrigation water and fertilizer demand and protect and improve water quality within the watershed, common areas, and lot-level landscapes);
Buildings and hardscape features (reducing per-capita energy and water use and protect natural resources); and
Transportation and mobility features (reducing per-capita infrastructure costs and attendant ecological impacts while promoting and enabling holistic mobility).
Deliverables: Final (v2) SF-BMP framework for Sunbridge Project; written summary of applied research design and methodology including project recommendations, performance indicators, benchmarks, and target metrics; planning and design elements adopted; performance monitoring and verification protocols; and proposed scope and budget for Phase 2 tasks. Note that the bulk of Task 1.2 effort will focus on the first three (a-c) areas listed above given that they are identified as the highest priority by the District team.
Dates: TBD – estimated duration of 10-12 weeks from completion of Task 1.1

4 Duration and number of personnel attending site visit subject to COVID-19 safety policies and procedures in effect as well as any other external constraining factors.

V. Financial Structures & Fee Schedule
Services provided are billed quarterly following completion of task orders and delivery of associated work products. First-year project initiation fees vary depending on the project scope and task orders but should be able to operate fully within an annual budget not-to- exceed $50,000.7 Revenue flowing to the University directly support UF/IFAS PREC personnel salaries8; program operating expenses and materials; project communication, coordination, administration, documentation, and delivery; project team consultation, performance benchmarking, incentive negotiation, monitoring and verification; and other direct SF-BMP clientele services.
2021 Fee Schedule

Task Order #1 Projected Budget5

Task	Description	Principal (hrs.)	Other Personnel (hrs)	Travel6	Total Cost	
1.1a	Team project review	10	30	-	$3,500	
1.1b	Site visit	8	24	$1,000	$3,800	
1.1c	Project orientation synthesis	16	80	-	$8,000	
1.2a	Land-based features	20	90	-	$9,000	
1.2b	Water features	16	85	-	$8,500	
1.2c	Soils management & landscape features	16	85	-	$8,500	
1.2d	Buildings & hardscape features	4	20	-	$2,000	
1.2e	Transportation & mobility features	4	20	-	$2,000	
All	Total Direct Costs	94	434	$1,000	$45,300	
Indirect Costs @10%		$4,530	
Total Costs		$49,830	

Personnel	Hourly Rate	
Principal Investigator	$125	
Senior Project Manager	$80	
Senior Research Scientists	$85	
Senior Extension Specialists	$80	
Senior Data Analyst	$75	
SF Program Assistant	$35	
Communications Specialist & Editor	$45	
Administration Specialist	$55	

5 The projected personnel hours and budget are for Task Order #1 only. Subsequent Task Orders will be prepared and executed based on results and progress achieved toward this task order.
6 Travel is calculated using the State of Florida rate of $0.445/mile and a one-way distance of 133 miles by vehicle from Gainesville to Sunbridge, FL.
7 Annual cap on fee for services contingent upon financial mechanism through which SF-BMP partnership and agreement is supported; for this Task Order, the $50,000 first-year cap is inclusive of the 10% indirect cost (IDC) rate applicable to the sponsoring entity (Sunbridge Stewardship District) and pursuant to the UF Master Research Agreement #00020478.
8 SF-BMP services of salaried (state-line) faculty are provided at no cost to clientele, although indirect expenses such as post-doctoral fellows, graduate
students, lab testing, and travel may incur fees. Salaried PREC faculty who are in soft-funded positions operate on a fee-for-service, billable hour basis.

Sunbridge Stewardship District

FY 2020 Fee Increase Letter from CRI Regarding the Utility Audit

January 20, 2021

Sunbridge Stewardship District c/o PFM Group Consulting, LLC 12051 Corporate Blvd.
Orlando, FL, 32817

At this time, we anticipate performing additional procedures in addition to those agreed to in our engagement letter dated September 24, 2020 in order to complete the audit of the financial statements for Sunbridge Stewardship District for the fiscal year ended September 30, 2020:

Reason for requiring the change order:
The District financial statements now include an additional major fund, the District’s utility fund. The balances and activity within this new fund will be subject to the scope of the District’s annual financial statement audit.
Nature of work to be performed:
Inclusion of District’s utility fund as part of our audit performed in conformity with U.S. generally accepted accounting principles.
Revision of timetable:
The timetable for completing the audit will not be significantly affected by this change.
Estimated cost of change/ additional work: $5,000
The terms and conditions of payment will be the same as in our engagement letter.

Approved by Firm:

CARR, RIGGS & INGRAM, LLC
Certified Public Accountants

RESPONSE:

This letter correctly sets forth the understanding of Sunbridge Stewardship District.

Management Signature:  	

Title:

Assistant District Manager

_______________

Governance Signature:  	

Title:

C h a i r m a n 

Sunbridge Stewardship District

Lighting Installation, Upgrade And Service Agreement
(Cyrils Drive Phase 2)

151

ouc ■
The Reliable One

LIGHTING INSTALLATION, UPGRADE AND SERVICE AGREEMENT
(Cyrils Drive Phase 2)

THIS LIGHTING INSTALLATION, UPGRADE AND SERVICE AGREEMENT
("Agreement") is made effective as of this		day of _ _ _ _ _ _ _ _ , 2021, by and
between the ORLANDO UTILITIES COMMISSION , a statutory commission organized and existing under the laws of the State of Florida, whose address is 100 West Anderson St., Orlando , Florida 32801 ("OUC"), and SUNBRIDGE STEWARDSHIP DISTRICT, a local unit of special-purpose government established pursuant to Chapter 2017-220 , Laws of Florida, whose address is 12051 Corporate Boulevard, Orlando , Florida 32817, or its assigns (the "Customer"), as joined in and consented to by 832 COMMUNICATIONS, LLC, a Florida limited liability company, whose address is 6900 Tavistock Lakes Boulevard, Suite 200, Orlando, Florida 32827, or its assigns (the "832 Communications").

RECITALS

The Customer is an individual, business entity, association, governmental entity, or quasi-governmental entity with the authority to enter into binding agreements for services on certain property which is located in central Florida and more specifically defined in Schedule 1 attached hereto and incorporated herein by this reference (the "Property").

The Customer desires to enter into this Agreement with OUC for the purpose of sharing with OUC and Osceola County, Florida (the "County") certain costs associated with lighting service for the Property that have been or will be dedicated as public roadway (the "Dedicated Roadway") and to be provided by OUC, on behalf of the County, by means of non­ standard, upgraded lighting facilities .

The Customer and OUC desire to enter into this Agreement so that costs to OUC associated with providing lighting services within the Dedicated Roadway by means of upgraded lighting facilities can be allocated to the Customer over the term of this Agreement.

An affiliate of 832 Communications is the master developer of a mixed-use, master planned project commonly known and referred to as "SUNBRIDGE" for which the Property forms a part of, and 832 Communications intends to own, install and operate a distributed antenna system

and fiber optic backbone network for the seamless provision of telecommunications services within SUNBRIDGE and will own and install underground telecom conduit throughout SUNBRIDGE.

NOW THEREFORE, in consideration of the sums to be paid by the Customer to OUC, the mutual covenants and benefits contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by both the Customer and OUC, the Customer and OUC agree as follows:

RECITALS.

The above Recitals are true and correct, are incorporated herein by this reference, and fonn a material part of this Agreement.

OUC DUTIES.

OUC shall provide lighting for the Dedicated Roadway within the Property as more specifically indicated in this Agreement. In order to provide such service, OUC shall do the following:

To the extent not specified in this Agreement as Customer's responsibility, OUC shall provide and install standard lighting facilities, or, where agreed by Customer herein to share the increased procurement and operating costs, lighting facilities which are of a higher quality and better appearance than the type of public lighting facilities approved for funding by the County and installed by OUC (the "Upgraded Lighting Facilities"), all in accordance with this Agreement, the Initial Lighting Plan (as defined in Section 2.3) and OUC specifications. Such installation by OUC shall include: poles, wires, fixtures and other associated parts and materials; all necessary wiring within conduits installed by Customer or its agents; and, the interconnection of such lighting facilities to electrical service required to provide lighting output for the Dedicated Roadway within the Property. All such facilities, poles, wires, fixtures, associated parts and Upgraded Lighting Facilities (where agreed) shall be referred to herein collectively as the "Lighting Facilities".

OUC shall install the Lighting Facilities within the Dedicated Roadway. OUC shall maintain and operate the Lighting Facilities within the Dedicated Roadway (the "Maintenance Service") at no cost to Customer except for the Upgrade Costs (as defined in Section 3); and

OUC shall, to the extent permissible under applicable laws and regulations, provide electric service as necessary to operate the Lighting Facilities (the "Electrical Service") in accordance with OUC's published electric service tariffs.

The procurement and installation by OUC of the Lighting Facilities, the ongoing Maintenance Service and the Electrical Service are necessary to allow OUC to provide the lighting required by the Customer within the Dedicated Roadway and shall all be provided by OUC as elements of a single service to the Customer and shall be collectively referred to herein as the "Lighting Service".

The Lighting Facilities to be initially provided and installed by OUC under this Agreement are to allow OUC to provide Lighting Service for the Dedicated Roadway within the Property. Lighting Facilities for the Property, to be installed in the Dedicated Roadway, shall be located and installed as more particularly depicted in the lighting construction plans set forth in Schedule 2 attached hereto and incorporated herein by this reference (the "Lighting Plan").

2.4    A condition precedent to OUC' s obligation to provide the Lighting Service under this Agreement with respect to the Property is that all of the following shall have occurred (i) Customer must complete installation of Customer Lighting Facilities in compliance with the applicable Lighting Plan and OUC's required specification concerning the integrity and location of the Customer Lighting Facilities; and (ii) Customer must convey to OUC, or arrange for the conveyance by the party with authority to do so, any easements or right-of-way (which are not otherwise included in previously Dedicated Roadway property, which dedication has been accepted by the applicable governmental authority) necessary to allow OUC to install, operate and maintain the Lighting Facilities as required under this Agreement (the "Service Conditions"). By virtue of that certain Orlando Utilities Commission Electrical Utility Access Easement Agreement recorded of even date hereof, in the Public Records of Osceola County, Florida, OUC has received an access easement for any ingress and egress needs associated with the Lighting Facilities over the Property.

CUSTOMER DUTIES.

The Customer shall, at its sole cost and expense, provide and install the conduits and junction boxes which may be required for the provision of the Lighting Service (collectively , the "Customer Lighting Facilities"), in such locations as more particularly set forth in the Lighting Plan for the Property. For purposes of the ongoing duties and rights of the parties during the Tenn of this Agreement, after the initial installation of Customer Lighting Facilities by Customer for the Property and acceptance by OUC, the Customer Lighting Facilities shall be treated as if included within the definition of Lighting Facilities for the Property.

The Customer shall ensure that OUC has unobstructed access to the Lighting Facilities, if any, that are not located within the Dedicated Roadway, including, without limitation, trimming trees that may either obstruct the light output from the Lighting Facilities or that may obstruct or otherwise prevent OUC from providing the Lighting Service. OUC will use commercially reasonable good faith efforts to notify Customer of any obstructions that are preventing maintenance or operation of the Lighting Facilities, but OUC shall have the right but not the obligation to trim any trees located outside of the Dedicated Roadway and which are obstructing the light output from the Lighting Facilities in a manner that may create a safety issue or obstructing or otherwise preventingOUC from providing the Lighting Service as contemplated in this Agreement, if after notice to Customer, Customer fails to do so within a reasonable time after notice. The Customer and OUC hereby acknowledge that the Lighting Facilities shall be installed by OUC in accordance with the Lighting Plan and shall be located in the Dedicated Roadway, which have been or will be dedicated to the public pursuant to a plat or separate conveyance to the County.

The specifications for the Upgraded Lighting Facilities are more particularly described on Schedule 2 attached hereto and incorporated herein by this reference. The Customer

shall pay to OUC the Upgrade Costs (as defined herein) associated  with the Property in the amount set forth in Schedule 3 and otherwise in accordance with Section 4 below. The parties agree that the Upgrade Costs as set forth in Schedule 3 is comprised of the following costs associated with providing Lighting Service by means of Upgraded Lighting Facilities, during the Term:

The amount by which the cost of the procurement and installation by OUC of the Upgraded Lighting Facilities within the Property exceeds the cost of the procurement and installation by OUC of the customary style and grade of Lighting Facilities (the "Facilities Upgrade Cost").

The amount by which the cost of the Maintenance Service for the Upgraded Lighting Facilities within the Property exceeds the cost of the Maintenance Service for the customary Lighting Facilities which would have otherwise been installed by OUC, absent the Customer's upgrade request (the "Maintenance Upgrade Cost").

The amount by which the cost of the Electrical Service for the Upgraded Lighting Facilities within the Property exceeds the cost of the Electrical Service for the customary style and grade of Lighting Facilities which would have otherwise been installed by OUC, absent the Customer's upgrade request (the "Electrical Upgrade Cost").

During the Term of this Agreement, the Customer shall promptly notify OUC of any Lighting Facilities in need of service by calling (407) 737-4222.

The Facility Upgrade Cost, Maintenance Upgrade Cost and Electrical Upgrade Cost are collectively referred to herein as the "Upgrade Costs".

TERMS OF PAYMENT.

The Customer shall make payment of the Upgrade Costs in accordance with Schedule 3 to this Agreement. If the Customer fails to pay any installment(s) of the Upgrade Costs by the due date of such payment or otherwise makes payment in a manner inconsistent with the OUC's Administrative Policy Manual, as amended from time to time (the "Manual"), OUC shall provide the Customer with written notice of such failure, whereupon the Customer shall have ten (I 0) days after receipt of such notice within which to remedy such  failure  by  making  the required payment. In the event the Customer fails to make any payment within said ten-day period, OUC may suspend the provision of Electrical Service to the Property until such time as the Upgrade Costs have been paid. If Customer's failure to pay continues for a period of ninety (90) days after  the expiration  of the ten-day grace period,  then OUC may  resort to any available remedy at law or equity , including the termination of this Agreement.

OUC shall be entitled to make an annual adjustment to the Maintenance Upgrade Cost of up to three (3%) percent per year. Fuel and energy charges shall be based on the then applicable OUC tariff rates filed with the Florida Public Service Commission, as may be amended from time to time. Any such adjustments made by OUC as contemplated under this subparagraph
4.2 shall be made by written notice to the Customer setting forth the new rates and associated revisions to the applicable Upgrade Costs (the "Increase Notice"). The Increase Notice must be received by the Customer thirty (30) days prior to the effective date of said annual adjustment.

The parties agree that the Customer shall be responsible for the payment of any sales, use, excise and other taxes (to the extent that OUC would otherwise be liable for same) that may apply to, or be imposed upon, the Facilities Upgrade Cost, the Maintenance Upgrade Cost or the Electrical Upgrade Cost or all of them. Furthermore, the parties agree that Facilities Upgrade Cost to be paid by the Customer to OUC pursuant to the terms of this Agreement is exclusive of all sales, use, excise, gross receipts or similar taxes or impositions, now due or as may be hereinafter assessed. Customer recognizes and agrees that it is ultimately responsible for the payment of all sales, use, excise, gross receipts and other taxes that may apply to, or be imposed upon, the transaction  that is the subject of this Agreement , if any, irrespective of when such taxes may be charged or assessed against OUC. Any non-collection or non-assessment of such taxes by OUC contemporaneously with the occurrence of the transaction shall not waive, release or diminish Customer's ultimate responsibility for the payment thereof, irrespective  of whether such taxes are later charged or assessed by applicable taxing authority(ies) . Notwithstanding anything herein to the contrary, the Customer shall be entitled to any tax exemptions to which it may be entitled to from time to time as provided under the Florida law.

MUTUAL AGREEMENTS.

OUC, while exercising reasonable diligence at all times to furnish the Lighting Service hereunder, does not guarantee continuous Lighting Service and will not be liable for damages for  any interruption , deficiency  or failure of said Lighting  Service, and reserves  the right to reasonably interrupt  said  Lighting  Service for necessary  repairs  to  the Lighting  Facilities , and to OUC lines and equipment. Notwithstanding any other provision of this Agreemen t, in no event shall either party have any liability to the other party under this Agreement, whether based in contract, in tort (including negligence and strict liability) or otherwise, for: (a) any special, incidental , indirect, exemplary or consequential damages ; (b) damages with respect to costs of capital, costs ofreplacement power, loss of profits or revenues , or loss of use of plant or equipment, irrespective of whether such damages may be categorized as direct,  special ,  consequential , incidental , indirect , exemplary or otherwise.

This Agreement may only be amended in writing, and such amendment must be executed with the same degree of formality as this Agreement.

OUC shall, at the request of the Customer , relocate the Lighting  Facilities  if provided sufficient rights-of-way or easements to do so. The Customer shall be responsible for payment of all reasonable costs and expenses associated with any relocation of the Lighting Facilities requested by the Customer.

OUC may at any time substitute bulbs in any luminaire/lamp installed hereunder, each such substitute bulb to be the same color and to have at least equal or better illuminating capacity and energy efficiency as the bulb replaced thereby.

OUC shall be responsible to repair or replace and assumes all risk of loss for any damage to any Lighting Facilities ; provided, however, that notwithstanding the foregoing, the Customer hereby assumes all responsibility and shall indemnify OUC for the costs necessary to repair or replace any Lighting Facilities (i) that have been damaged due to the willful misconduct or negligence of an employee, agent , licensee or contractor of the Customer, and (ii) damaged for

any reason by the Customer's employees, agents, licensees or contractors during the time period when active construction by the Customer is ongoing on the Property. Upon completion of such construction activities by the Customer, risk of loss shall shift back to OUC except as set out in Section 5.5(i) above. In the event Customer is responsible for any required repair or replacement as described in the preceding sentence for which the Customer has failed to cause such repair and replacement within fifteen (15) days after receipt of written notice of such damage from OUC, then OUC shall have the right to cause such repair and/or replacement whereupon the Customer shall reimburse OUC for the actual, reasonable expenses incurred thereby within thirty (30) days ofreceipt of an invoice therefor. Title to the Lighting Facilities shall remain with OUC at all times. The Customer shall not possess or have any direction or control over the physical operation of the Lighting Equipment and the possession  of the Lighting Equipment and the direction and control of the physical operation of Lighting Equipment shall be vested exclusively with OUC; however, OUC shall not, unless required by applicable laws, regulations or ordinances, permit third parties to install or affix, any telecommunications-related devices, antenna or related equipment on or to the Lighting Facilities at any time during the Term, unless used for, and limited to, the internal communications ofOUC associated with OUC's operations or the internal communications of the County and except as otherwise granted in favor 832 Communications or its assigns or designees pursuant to Section 5.13 below; provided, however, that OUC may install telecommunications cable for its own use. Notwithstanding anything herein to the contrary, OUC shall be entitled to any sovereign immunity defenses to which it may be entitled, and OUC does not in any way expand or waive limitations of liability afforded to OUC by virtue of its sovereign immunity.

The Customer's obligations under this Agreement may not be assigned to a third party except with the written consent of OUC; provided, however, without any consent of OUC being required, the Customer may assign its obligations hereunder to a property or homeowners' association or independent stewardship district which assumes such obligations in writing under which OUC is made a third party beneficiary and notice of such assignment is delivered to OUC. Upon any such assignment and assumption of rights and obligations, the Customer shall be relieved of all obligations and liabilities from and after the date of such assignment.

This Agreement shall be governed and construed under the internal laws of the State of Florida. This Agreement supersedes all previous agreements or representations, either written, oral or otherwise between the Customer and OUC with respect to the Lighting Service, and constitutes the entire agreement between the parties relative to the provision by OUC of the Lighting Service. This Agreement does not create any rights or provide any remedies to third parties or create any additional duty, obligation or undertakings by OUC to third parties.

The Electrical Service provided by OUC to the Customer in accordance herewith shall be subject to the procedures and policies described in the Manual. The Manual is on file with OUC. Copies of the Manual may be obtained by the Customer upon written request to OUC. Such policies and procedures shall be applied with respect to Electrical Service to the Property by OUC with the same interpretation, force and effect as applied to other customers of OUC from time to time subject to the Manual.

The parties hereby agree that OUC shall retain title to the Lighting Facilities during the Term and after this Agreement terminates. Upon any default by the Customer hereunder, other than as provided in Section 4.1 above, which shall remain uncured sixty (60) days after receipt by

the Customer of OUC' s written notice to the Customer of the same, OUC shall have the right to remove the Lighting Facilities in the Property so long as such Lighting Facilities are simultaneously replaced with the County's standard lighting facilities (within the Dedicated Roadway). In the event OUC elects to pursue its remedies as described in the preceding sentence, OUC shall be entitled to take possession ofany or all items of the Lighting Facilities in the Property and the Customer shall be responsible for the cost ofremoving such Lighting Facilities, with such work to be done by OUC and billed to the Customer; provided, further, that to the extent other services are being provided by OUC to Customer and are billed along with Lighting Services on a combined service bill, then the payment shortfall may cause such other services to be terminated or suspended as well in accordance with OUC' s Administrative Policy Manual.

The Customer shall keep the Lighting Facilities free and clear of all levies, liens, and encumbrances imposed by or through the Customer. The Customer shall not lease , sublease , mortgage , or otherwise  encum ber, remove, or suffer to be removed any  of the Lighting Facilities and shall not, without OUC's permission, permit any party other than OUC to operate or maintain the Lighting Facilities.

This Agreement shall inure to the benefit of, and be binding upon the successors and permitted assigns of the Customer, OUC and 832 Communications.

The "Effective Date" of this Agreement shall be the date on which the last of Customer and OUC have executed this Agreement. This Agreement shall have an initial term of thirty (30) years (the "Initial Term"). The Term of this Agreement shall begin on the date that the Lighting Equipment for the Property is energized (the "Commencement Date"). At the Customer's election, upon written  notice to OUC prior to the expiration of the Initial Term, may be renewed up to two (2) times for a period not to exceed five (5) years for each renewal period (the "Subsequent Terms"). For purposes hereof, the Initial Tenn and each Subsequent Term, if any, shall be referred herein collectively as the "Term". Notwithstanding anything contained herein to the contrary, during the last ten (10) years of the Initial Term and during any Subsequent Term , the Customer shall only be required to pay for the  Maintenance  Upgrade  Cost  for the Lighting Facilities unless new facilities have been installed at Customer' s request and the costs associated with those have been mutually agreed by amendment to this Agreement. OUC agrees that after the Initial Term and any renewal period exercised by Customer, Customer may let the then current tem1 expire in which case OUC may install standard street lighting and Customer shall not be required to pay for the cost of the Electrical Service (including fuel and energy charges) associated with the Lighting Facilities remaining within the Dedicated Roadway at the end of the Initial Tem1 or expiration of the Subsequent Term, whichever is applicable. If the Customer chooses not to extend the use of the Upgraded Lighting Facilities, the Customer shall be responsible for the cost of removing the Upgraded Lighting Facilities, with such work to be done by OUC and billed to the Customer.

Prior to the installation of full complement of Lighting Equipment for the Property, the Customer may request in writing to OUC that those Lighting Facilities then installed be energized for operation as completed by OUC rather than waiting for the full complement of Lighting Equipment to be energized . In such case, if OUC  agrees  that operating  those Lighting  Facilities does not create a safety issue or impede installation of the remaining Lighting Facilities , then OUC will energize Lighting Facilities as they are completed. OUC shall begin invoicing for Lighting

Services as provided under this Agreement based on the Commencement Date. Such billing shall be based on an adjusted Upgrade Cost for each billing period , with such adjusted Upgrade Cost calculated based the proportion of Lighting Facilities in service during that billing period to the total number of Lighting Facilities on which the Upgrade Cost has been calculated by OUC for that Phase (the "Proportional Upgrade Cost").

Customer hereby assigns to 832 Communications, LLC and any permitted assigns or designees pursuant to a separate written assignment (collectively , the "Third-Party Beneficiaries"), its exclusive right, from time to time as it shall deem appropriate, (A) to hang banners, signs, flags, and holiday decorations (collectively, the "Banners") from banner arms to be attached by the Third-Party Beneficiaries to the Lighting Facilities, and (B) to install, connect, hang, and co-locate telecommunication equipment and facilities (such as, 5G equipment and facilities, cameras and other surveillance and audio/video devices) by the Third-Party Beneficiaries to the Lighting Facilities (collectively , the "Telecom Facilities") upon clearance by OUC for consistency with engineering and operational requirements and payment of the then­ prevailing attachment fee; provided, however , (i) that same shall comply in all respects with applicable laws and regulations, and (ii) any assignee or designee shall execute a written assignment assuming all obligations, liabilities , and indemnities of 832 Communications hereunder and upon such assignment (whether in whole or in part) 832 Communications acknowledges and agrees that it shall not be relieved of any of its obligations, liabilities, and indemnities hereunder. In no event shall any such Telecom Facilities be considered part of OUC's Lighting Facilities. Further, said banner arms shall be of the type and size consistent with the wind loading capabilities of the Lighting Facilities capable of supporting the Telecom Facilities and shall be pre-approved by OUC (the "Banner Arms"). The Third-Party Beneficiaries shall be responsible for acquiring, installing and maintaining the Banner Arms and the Telecom Facilities. The Third-Party Beneficiaries shall be responsible to repair or replace (and assumes all risk of loss) for any damage to any Banner Arms and Telecom Facilities. Notwithstanding anything herein to the contrary, in the event the Lighting Facilities are damaged by the Banners, the Banner Arms, or the Telecom Facilities, the Third-Party Beneficiaries shall be liable to OUC for said property damage. OUC shall not be liable for any permits, fees or liabilities (of whatever kind or nature) related to the Banner Arms, the Banners, or the Telecom Facilities placed thereon, including but not limited to the content of Banners. Notwithstanding anything herein to the contrary, the parties agree that OUC shall not be liable for any claim, demand, liabi lity, judgment, action or right of action, of whatever kind or nature, either in law or equity, arising from or by reason of any type of liability including but not limited to contractual liability, bodily injury or personal injuries, death, or occurrence due to placement of the Banners and/or the Banner Arms or the Telecom Facilities on the Lighting Facilities. The Third-Party Beneficiaries shall to the maximum extent permitted by law defend, indemnify, and hold harmless OUC, its officers, directors , and employees from and against all claims, damages, losses , and expenses, (including but not limited to fees and charges of attorneys or other professionals and court and arbitration or other dispute resolution costs) arising out of or resulting from disease or death of third parties (including OUC employees and agents), or damage to property caused by placement of Banners, the Telecom Facilities, and the Banner Arms by the Customer on the Lighting Facilities excluding, however, any incidental, indirect, special or punitive damages. The rights granted under this Section 5.13 shall expressly survive any expiration or earlier termination of this Agreement and shall continue in the event the Lighting Facilities are removed and subsequently replaced with the County ' s standard lighting facilities (within the Dedicated Roadway). Further, the foregoing rights

set forth in this Section 5.13 are personal to 832 Communications and any Third-Party Beneficiaries who have executed an assignment and assumed all obligations, liabilities , and indemnities as required herein. The parties covenant and agree that all applications made by Third­ Party Beneficiaries for co-location on the Lighting Facilities shall be processed through 832 Communications and shall be accompanied by a duly executed, written assignment as required hereunder.

[SIGNATURES APPEAR ON THE FOLLOWING PAGES]

NOW, THEREFORE the parties enter into this Agreement as of the dates of execution indicated below.

Attest:	SUNBRIDGE STEWARDSHIP

DISTRICT, a local unit of special-purpose government established pursuant to Chapter 2017-220, Laws of Florida

B y:-v-- - -,,.,r-- ----.1--.	'7- ­
Print

Title:_ --4	L-!!-	I...IL...::	-	-	-	-	-	-

Print Name: 'ia, V(l.-l<J (.

STATE OF FLORIDA COUNTY OF ORANGE
The foregoing instrument was acknowledged before me by means of L ysical presence or	LJ	online	notarization,	this	day	of		,	2021,	by
  Ct:18(0    L		,	as	C.JJt.11?.m&,.,J	of	SUNBRIDGE
STEWARDSH1PDSTRICT, a local unit of special-purpose government established pursuant
to Chapte l 7-220, Laws of Florida, on behalf of said district, who is [ ] personally known to me or [ v1produced the following identi fication:	LO	, and who did
not take an oath.

RUDOLPH R. ROUNTREE
Notary Public. State of Florida
Commission# GG 249997
My comm. expires Aug. 19. 2022

Printed Name Below Signature My Commission Expires

#81297676_v3 163014.00001

Signed, sealed and delivered in the presence of:

ORLANDO UTILITIES COMMISSION

Name:	_

By:

_
Clint Bullock
General Manager & CEO

Name:-----------

FOR THE USE AND RELIANCE OF OUC ONLY:  APPROVED AS TO FORM AND LEGALITY

Attest:			_ Name:		_ Title:	_

Attorney for OUC

Date:	_

STATE OF FLORIDA COUNTY OF ORANGE
The foregoing instrument was acknowledged before me by means of[_] physical presence
or [_]	online notarization, this		day of _ _ _ _ _  _  _ , 2021, by Clint Bullock, as
General Manager and CEO of ORLANDO UTILITIES COMMISSION, on behalf of said entity, who   is	personally	known	to   me   or   he	has   produced	the   following	identification:

_ _ _ _ _ _ _ _ _ _ _ _,

and who did not take an oath.

Notary Public

Printed Name Below Signature

My Commission Expires

JOINDER AND CONSENT

The undersigned hereby joins in and consents to that certain Lighting Installation , Upgrade and Service Agreement (the "Agreement") entered into by and between ORLANDO UTILITIES COMMISSION, a statutory commission organized and existing under the laws of the State of Florida, and SUNBRIDGE STEWARDSHIP DISTRICT, a local unit of special-purpose government established pursuant to Chapter 2017-220, Laws of Florida, for the sole purpose of acknowledging and accepting those certain rights, privileges, obligations, and indemnities in favor of the undersigned in accordance with Section 5.13 of said Agreement.

Signed, sealed and delivered in the presence of:

Name:- - - - - - - - - - -

"832 COMMUNICATIONS"

832 COMMUNICATIONS, LLC,
a Florida limited liability company

By	­
Nicholas F. Beucher, III
President

Name:	_

STATE OF FLORIDA COUNTY OF ORANGE
The foregoing instrument was acknowledged before me by means of[_] physical presence or [_] online notarization, this _   _   day of _ _   _   _   _   _   _ , 2021, by Nicholas F. Beucher, III, as President of 832 COMMUNICATIONS, LLC, a Florida limited liability company, on behalf of said company, who is [ ] personally known to me or [ ] produced the following identification: _ _ _ _ _ _ _ _ _ _ _ _, and who did not take an oath.

Notary Public

Printed Name Below Signature My Commission Expires

SCHEDULE 1 PROPERTY

That part of Sections 2 and 11, Township 25 South, Range 31 East, Osceola County, Florida, described as follows:

Begin at the Northeast comer of CYRILS DRIVE PHASE 1, according to the plat thereof as recorded in Plat Book 29, Pages 82 and 83 of the Public Records of Osceola County, Florida, thence S00°36'09"E along the East boundary line of said plat, 123.00 feet to the North line of DEL WEBB SUNBRIDGE PHASE 1, according to the plat thereof, recorded in Plat Book 28, Pages 185 through 197 of said Public Records and the South line of the North 80.00 feet of said Section 11; thence N89°23'5 l "E along said North and South lines and the Easterly prolongation thereof 1746.92 feet; thence S88°03'03"E, 920.91 feet to the South line of the North 121.00 feet of said Section 11; thence N89°23'5 l "E, along said South line 689.87 feet; thence N00°36'09"W, 121.00 feet to a point on the North line of said Section 11, said point lying S89°23'51"W, 175.66 feet distant from the Northeast comer of said Section 11; thence continue N00°36'09"W, 43.00 feet to the North line of the South 43.00 feet of aforesaid Section 2; thence run S89°23'5 l "W along said North line 3356.79 feet to the POINT OF BEGINNING; Bearings and distances are based on the Florida State Plane Coordinate System East Zone, NAD 83/2007 Datum; the reciprocal grid factor of l.000055212684272.

--(-\'.

-l ::.11.{• ' .

''. t	\ i

-L .: 1,1 d

.-- ?4:,

fLt -) J

},I    !JrfJ.1  '

'}{ {

Li: pt tJ .

·i·   N ri ,

Ji{

; h\

--t ..J· •-l

1
.,._f!.,_.,:

#8!297676 _v2 163014 .00001	14

SCHEDULE2
CURRENT PHASE LIGHTING PLAN

40 ea - 40' POLE CONCRETE OCTAGONAL

OUC# 001-25545

40 ea- 138w LED COBRAHEAD

ouc # 036-23203

40 ea- 2" x 8" ALUMINUM BLACK

ouc # 036-24026

2 ea- LIGHTING CONTROLLERS

ouc # 036-26065

SCHEDULE3

CURRENT PHASE UPGRADE COST PAYMENT TERMS

MONTHLY INSTALLMENT:

During the Term of the Agreement, the Customer shall pay to OUC the Upgrade Cost for the initial Phase in aggregate monthly installments of $1,269.65. Such aggregate monthly installments shall be exclusive of any and all applicable sales, use, excise, gross receipts or similar taxes or impositions. The monthly due date indicated in OUC's invoice to the Customer for the Upgrade Cost shall be in accordance with billing procedures set out in the Manual.

ADDITIONAL CHARGES:

The Upgrade Cost may be adjusted annually in accordance with Section 4.2 of this Agreement.

Sunbridge Stewardship District

Payment Authorization Nos. 116, 117 & 119 - 122

Payment Authorization Nos. 116, 117 & 119 ‐ 122

Payment	Vendor	General
Auth No.	Fund

116	Osceola News-Gazette
Legal Advertising on 12/31/2020	$
OUC
Acct: 5981605831 ; Service 12/02/2020 - 01/04/2021	$

33.17

18.33

51.50

$

117	VGlobalTech
October - December ADA Audit January Website Maintenance

$	300.00
$	100.00

400.00

$

PFM Group Consulting
Reimbursables: January 2021 DM Fee: January 2021 Reimbursables: December 2020 Poulos & Bennett
Engineering Services Through 12/31/2020

$	30.94
$	5,833.33
$	3.15

$	150.00

$	6,017.42

Hopping Green & Sams
General Counsel Through 12/31/2020
Osceola News-Gazette
Legal Advertising on 01/28/2021
OUC
Acct: 5981605831 ; Service 01/04/2021 - 02/01/2021

$	2,585.50

$	70.86

$	18.33

$	2,674.69

PFM Group Consulting
January Reimbursables
VGlobalTech
February Website Maintenance

$	6.53

$	100.00

$	2,781.22

PFM Group Consulting
DM Fee: February 2021
US Water
6200 Even Cyrls Dr Irr ; Service 12/31/2020 - 02/01/2021

$	5,833.33

$	1,014.24

$	9,628.79

Total: $ 21,553.62  

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 116	
1/8/2021	

Item	Vendor	Invoice	General	
No.		Number	Fund	

1	Osceola News-Gazette		
	Legal Advertising on 12/31/2020	271330	

$	33.17

2	OUC		
	Acct: 5981605831 ; Service 12/02/2020 - 01/04/2021	--	

$	18.33

TOTAL	$	51.50

Board Member

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 117	
1/15/2021	

Item	Vendor	Invoice	General	
No.		Number	Fund	

1	VGlobalTech		
	October - December ADA Audit	2221	
	January Website Maintenance	2291	

$	300.00	
$	100.00	

TOTAL	$	400.00

Board Member

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 119	
1/29/2021	

Item	Vendor	Invoice	General	
No.		Number	Fund	

1	PFM Group Consulting		
	Reimbursables: January 2021	113635	
	DM Fee: January 2021	DM-01-2021-0042	
	Reimbursables: December 2020	OE-EXP-01-41	

$	30.94	
$ 5,833.33	
$	3.15	

2	Poulos & Bennett		
	Engineering Services Through 12/31/2020	18-203(23)	

$	150.00

TOTAL	$ 6,017.42

Board Member

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 120	
2/5/2021	

Item	Vendor	Invoice	General	
No.		Number	Fund	

1	Hopping Green & Sams		
	General Counsel Through 12/31/2020	119959	

$ 2,585.50

2	Osceola News-Gazette		
	Legal Advertising on 01/28/2021	275811	

$	70.86

3	OUC		
	Acct: 5981605831 ; Service 01/04/2021 - 02/01/2021	--	

$	18.33

TOTAL	$ 2,674.69

Board Member

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 121	
2/12/2021	

Item	Vendor	Invoice	General	
No.		Number	Fund	

1	PFM Group Consulting		
	January Reimbursables	OE-EXP-02-44	

$	6.53

2	VGlobalTech		
	February Website Maintenance	2367	

$	100.00

TOTAL	$	106.53

Board Member

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 122	
2/19/2021	

Item	Vendor	Invoice	General	
No.		Number	Fund	

1	PFM Group Consulting		
	DM Fee: February 2021	DM-02-2021-0042	

$ 5,833.33

2	US Water		
	6200 Even Cyrls Dr Irr ; Service 12/31/2020 - 02/01/2021	Acct: 54823862	

$ 1,014.24

TOTAL	$ 6,847.57

Board Member

Sunbridge Stewardship District

District’s Financial Position and Budget to Actual YTD

Sunbridge Stewardship District Statement of Financial Position As of 1/31/2021

General Fund	Capital Projects Fund

Utility Fund	Total

Assets

Current Assets

General Checking Account	$167,659.60						$167,659.60	
Deposits	240.00						240.00	
Utility Revenue					$193,406.66		193,406.66	
Utility Operating					516,209.17		516,209.17	
Utility Revenue System Development					197,055.00		197,055.00	
Accounts Receivable					(315.74)		(315.74)	
Total Current Assets	$167,899.60		$0.00		$906,355.09		$1,074,254.69	

Property, Plant & Equipment								
Fixed Assets - Other	

			$2,000.00		$2,000.00	
Total Property, Plant & Equipment	$0.00	$0.00		$2,000.00		$2,000.00	
Total Assets	$167,899.60	$0.00		$908,355.09		$1,076,254.69	

Liabilities and Net Assets						
Current Liabilities
Accounts Payable	
$6,017.42					
$6,017.42	
Accounts Payable				$25,453.93		25,453.93	
Due to Developer				150,000.00		150,000.00	
Deposits				28,253.38		28,253.38	
Accrued Expenses Payable	
			4,500.00		4,500.00	
Total Current Liabilities	$6,017.42	$0.00		$208,207.31		$214,224.73	

Long Term Liabilities									
System Dev. Charge - Water					$545,100.00		$545,100.00	
System Dev. Charge - Wastewater					362,250.00		362,250.00	
Total Long Term Liabilities	$0.00		$0.00		$907,350.00		$907,350.00	
Total Liabilities	$6,017.42		$0.00		$1,115,557.31		$1,121,574.73	

Net Assets
Net Assets, Unrestricted	

($44,085.70)						

($44,085.70)	
Current Year Net Assets, Unrestricted	(300.00)						(300.00)	
Net Assets - General Government	29,036.52						29,036.52	
Current Year Net Assets - General Government	177,231.36						177,231.36	
Net Assets, 270					($167,736.82)		(167,736.82)	
Current Year Net Assets, 270					(39,465.40)		(39,465.40)	
Total Net Assets	$161,882.18		$0.00		($207,202.22)		($45,320.04)	
								
Total Liabilities and Net Assets	$167,899.60		$0.00		$908,355.09		$1,076,254.69	

Sunbridge Stewardship District
Statement of Activities As of 1/31/2021

General Fund	Capital Projects
Fund

Utility Fund	Total

Revenues

On-Roll Assessments	$72,381.02						$72,381.02	
Off-Roll Assessments	148,586.27						148,586.27	
Developer Contributions	5,381.00						5,381.00	
Inter-Fund Transfers In	(300.00)						(300.00)	
Inter-Fund Transfers In			$300.00				300.00	
Water - Residential Customers					$2,901.31		2,901.31	
Water - Commercial Customers					320.46		320.46	
Wastewater - Residential Customers					4,526.39		4,526.39	
Meter Installations Fees					3,825.00		3,825.00	
Backflow Installation Fees					765.00		765.00	
Wastewater Install/Connection					1,125.00		1,125.00	
Initial Connection Fees					1,950.00		1,950.00	
Other Income & Other Financing Sources					126,248.09		126,248.09	
Total Revenues	$226,048.29		$300.00		$141,661.25		$368,009.54	

D&O Insurance	$2,421.00						$2,421.00	
Management	23,333.32						23,333.32	
Engineering	630.00						630.00	
District Counsel	8,967.01						8,967.01	
Assessment Administration	7,500.00						7,500.00	
Travel and Per Diem	75.28						75.28	
Postage & Shipping	8.65						8.65	
Legal Advertising	398.04						398.04	
Web Site Maintenance	700.00						700.00	
Dues, Licenses, and Fees	200.00						200.00	
Electric	54.99						54.99	
General Insurance	2,960.00						2,960.00	
Irrigation	1,868.64						1,868.64	
Engineering					$2,083.33		2,083.33	
ContractServices - Accounting					1,666.67		1,666.67	
Contractual Services					11,234.24		11,234.24	
Miscellaneous					158,615.89		158,615.89	
Water					(427.23)		(427.23)	
Plan Review Expense					2,713.50		2,713.50	
Meter Installation Expense					3,251.25		3,251.25	
Backflow Installation Expense					650.25		650.25	
Wastewater Connection Expense					956.25		956.25	
Miscellaneous Customer Service Expense					382.50		382.50	
Total Expenses	$49,116.93	$0.00	$181,126.65	$230,243.58	
Total Other Revenues (Expenses) & Gains (Losses)	$0.00		$0.00		$0.00		$0.00	
Change In Net Assets	$176,931.36		$300.00		($39,465.40)		$137,765.96	

Net Assets At Beginning Of Year	
($15,049.18)		
($300.00)		
($167,736.82)		
($183,086.00)	

Net Assets At End Of Year	
$161,882.18		
$0.00		
($207,202.22)		
($45,320.04)	

Expenses

Other Revenues (Expenses) & Gains (Losses)

Sunbridge Stewardship District
Budget to Actual
For the Month Ending 1/31/2021

Year To Date

Actual	Budget	Variance

FY 2021
Adopted Budget

Revenues

On-Roll Assessments	$	72,381.02		$	68,958.32		$	3,422.70		$ 206,875.00	
Off-Roll Assessments	148,586.27		-		148,586.27		-	
Developer Contributions	5,381.00		-		5,381.00		-	
Net Revenues	$	226,348.29		$	68,958.32		$	157,389.97		$ 206,875.00	

General & Administrative Expenses

D&O Insurance	$	2,421.00		$	900.00		$	1,521.00		$	2,700.00	
Trustee Services	-		2,000.00		(2,000.00)		6,000.00	
Management	23,333.32		23,333.32		-		70,000.00	
Engineering	630.00		4,000.00		(3,370.00)		12,000.00	
Dissemination Agent	-		1,666.68		(1,666.68)		5,000.00	
District Counsel	8,967.01		8,333.32		633.69		25,000.00	
Assessment Administration	7,500.00		2,500.00		5,000.00		7,500.00	
Reamortization Schedules	-		41.68		(41.68)		125.00	
Audit	-		2,000.00		(2,000.00)		6,000.00	
Travel and Per Diem	75.28		166.68		(91.40)		500.00	
Telephone	-		66.68		(66.68)		200.00	
Postage & Shipping	8.65		100.00		(91.35)		300.00	
Copies	-		166.68		(166.68)		500.00	
Legal Advertising	398.04		2,666.68		(2,268.64)		8,000.00	
Web Site Maintenance	700.00		800.00		(100.00)		2,400.00	
Dues, Licenses, and Fees	200.00		325.00		(125.00)		975.00	
Electric	54.99		-		54.99		-	
General Insurance	2,960.00		1,066.68		1,893.32		3,200.00	
Irrigation	1,868.64		-		1,868.64		-	
Landscaping Maintenance & Material	-		12,666.68		(12,666.68)		38,000.00	
Contingency	-		2,158.24		(2,158.24)		6,475.00	
Lighting	-		4,000.00		(4,000.00)		12,000.00	
Total General & Administrative Expenses	$	49,116.93		$	68,958.32		$	(19,841.39)		$ 206,875.00	

Total Expenses

  $	49,116.93  

   $	68,958.32  

   $	(19,841.39)

   $ 206,875.00  

  	 

Net Income (Loss)

$	177,231.36	$

-	$	177,231.36	$	-