Sunbridge Stewardship District
3501 Quadrangle Blvd., Suite 270, 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 Thursday, April 7, 2022 at 11:00 a.m. at 2770 River Creek Lane, 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 6, 2022, Board of Supervisors’ Meeting

Business Matters
Ratification of Kutak Fee Agreement
Ratification of Amended and Restated Right-of-Way Acquisition Agreement
Consideration of Research Agreement with University of Central Florida Research Foundation
Consideration of Supplemental Engineer’s Report for Capital Improvements – Del Webb Phases 1 & 2 Assessment Area
Consideration of Amended and Restated Master Assessment Methodology Report – Del Webb Ph 1 & Ph 2 Project Area
Consideration of Resolution 2022-05, Declaring Special Assessments
Consideration of Resolution 2022-06, Setting a Public Hearing Date for the Imposition of Special Assessments
Ratification of Payment Authorization Nos. 156 - 163
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 6, 2022 Board of Supervisors’ Meeting

MINUTES OF MEETING

SUNBRIDGE STEWARDSHIP DISTRICT BOARD OF SUPERVISORS’ MEETING
Thursday, January 6, 2022, at 11:00 a.m. 2770 River Creek Lane, St Cloud, FL 34771

Board Members Present:

Richard Levey	Chair
Rob Adams	Vice Chair
Frank Paris	Assistant Secretary
Brent Schademan	Assistant Secretary Also, Present:
Lynne Mullins	PFM		
Jennifer Walden	PFM	(via phone)	
Kevin Plenzler	PFM Financial Advisors	(via phone)	
Brett Sealy	MBS Capital Markets, LLC	(via phone)	
Sara Zare	MBS Capital Markets, LLC	(via phone)	
Johnathan Johnson	District Counsel	(via phone)	
Clint Beaty	Tavistock	(via phone)	
Cristy Baxter	Poulos & Bennett	(via phone)	
Amy Pollock	Lifestyle Director		
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	Public Comment Period

Dr. Levey asked for any public comments. There were no comments at this time.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the November 4, 2021, Board of Supervisors’ Meeting

The Board reviewed the minutes for the November 4, 2021, Board of Supervisors’ Meeting.

On MOTION by Mr. Schademan, seconded by Mr. Paris, with all in favor, the Board of Supervisors for the Sunbridge Stewardship District approved the Minutes of the November 4, 2021, Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS	Consideration of Resolution 2022-04, Designating Registered Agent

Ms. Mullins requested that the Registered Agent be updated to herself, Lynne Mullins and use the PFM Orlando East at 3501 Quadrangle Blvd., Suite 270, Orlando, FL 32817.

On MOTION by Mr. Schademan, seconded by Mr. Adams, with all in favor, the Board of Supervisors for the Sunbridge Stewardship District approved Resolution 2022-04, Designating Registered Agent.

FIFTH ORDER OF BUSINESS	Consideration of Retail Acquisition and Term Sheet with Toho Water Authority

Mr. Beaty stated Toho Water Authority is currently the bulk water, wastewater, and reclaimed water service provider. The Wholesale Agreement provides for acquisition of the retail water and wastewater system. This will be mutually beneficial to facilitate improved planning and opportunities to optimize infrastructure. The Toho Water Authority approved a Term Sheet for Accelerated Acquisition of the Retail Utility Services. Tavistock East II is simultaneously negotiating the sale of the retail reclaimed system. Mr. Johnson stated District Counsel has reviewed and recommends approval.

On MOTION by Mr. Adams, seconded by Mr. Paris, with all in favor, the Board of Supervisors for the Sunbridge Stewardship District to authorize staff to work with Toho Water Authority and Tavistock East II to put together the appropriate documents and move forward with the transaction. To the extent any of those items require specific approval, these items will be brought back at a subsequent meeting.

SIXTH ORDER OF BUSINESS	Ratification of Data Sharing and Usage Agreement with Osceola County Property Appraiser

Ms. Mullins noted this is a reoccurring agreement we approve every year for data that is exempt from Public Records.

On MOTION by Mr. Paris, seconded by Mr. Schademan, with all in favor, the Board of Supervisors for the Sunbridge Stewardship District ratified the Data Sharing and Usage Agreement with Osceola County Property Appraiser.

SEVENTH ORDER OF BUSINESS	Consideration	of	Payment Authorization Nos. 150-155

The Board reviewed Payment Authorizations Nos. 150-155. Ms. Mullins noted these have been approved and paid and just need ratified by the Board.

On MOTION by Mr. Adams, seconded by Mr. Schademan, with all in favor, the Board of Supervisors for the Sunbridge Stewardship District ratified Payment Authorizations Nos. 150-155.

EIGHTH ORDER OF BUSINESS	Review	of	the	District’s	Financial Position and Budget to Actual YTD

The Board reviewed the District Financial Statements. No action is required by the Board.

NINTH ORDER OF BUSINESS	Staff Reports District Counsel-	No report.
District Manager-	Ms. Mullins noted that our next meeting is February 3, 2022.

District Engineer-	No Report

TENTH ORDER OF BUSINESS	Supervisor	Request	and	Audience Comments

There were no Supervisor requests or audience comments

ELEVENTH ORDER OF BUSINESS	Adjournment

There was no other business to discuss so, Dr. Levey requested a motion to adjourn.

ON MOTION by Mr. Schademan, seconded by Mr. Paris, with all in favor, the January 6, 2022, Meeting of the Board of Supervisors for the Sunbridge Stewardship District was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Sunbridge Stewardship District

Kutak Fee Agreement

RETENTION AND FEE AGREEMENT

PARTIES

THIS RETENTION AND FEE AGREEMENT (“Agreement”) is made and entered into by and between the following parties:

Sunbridge Stewardship District (“Client”) c/o PFM Consulting, LLC
3501 Quadrangle Boulevard, Suite 270
Orlando, Florida 32817 and
Kutak Rock LLP (“Kutak Rock”) PO Box 10230
Tallahassee, FL 32302

SCOPE OF SERVICES

In consideration of the mutual undertakings and agreements contained herein, the parties agree as follows:

The Client agrees to employ and retain Kutak Rock as its attorney and legal representative for general advice, counseling and representation of Client and its Board of Supervisors.

Kutak Rock accepts such employment and agrees to serve as attorney for and provide legal representation to the Client in connection with those matters referenced above. No other legal representation is contemplated by this Agreement. Any additional legal services to be provided under the terms of this Agreement shall be agreed to by Client and Kutak Rock in writing. Unless set forth in a separate agreement to which Client consents in writing, Kutak Rock does not represent individual members of the Client’s Board of Supervisors.

CLIENT FILES

The files and work product materials (“Client File”) of the Client generated or received by Kutak Rock will be maintained confidentially to the extent permitted by law and in accordance with the Florida Bar rules. At the conclusion of the representation, the Client File will be stored by Kutak Rock for a minimum of five (5) years. After the five (5) year storage period, the Client hereby acknowledges and consents that Kutak Rock may confidentially destroy or shred the Client File. Notwithstanding the prior sentence, if the Client provides Kutak Rock with a written request for the return of the Client File before the end of the five (5) year storage period, then Kutak Rock will return the Client File to Client at Client’s expense.

FEES

The Client agrees to compensate Kutak Rock for services rendered in connection with any matters covered by this Agreement on an hourly rate basis plus actual expenses incurred by Kutak Rock in accordance with the attached Expense Reimbursement Policy (Attachment A, incorporated herein by reference). Time will be billed in increments of one-tenth (1/10) of an hour. Certain work related to issuance of bonds and bond anticipation notes may be performed under a flat fee to be separately established prior to or at the time of bond or note issuance.

Attorneys and staff, if applicable, who perform work for Client will be billed at their regular hourly rates, as may be adjusted from time to time. The regular hourly rates of those initially expected to handle the bulk of Client’s work are as follows:

Jonathan T. Johnson	$355	
Associates	$285- $305	
Paralegals	$185	

Kutak Rock’s regular hourly billing rates are reevaluated annually and are subject to change not more than once in a calendar year. Client agrees to Kutak Rock’s annual rate increases to the extent hourly rates are not increased beyond $15/hour.

To the extent practicable and consistent with the requirements of sound legal representation, Kutak Rock will attempt to reduce Client’s bills by assigning each task to the person best able to perform it at the lowest rate, so long as he or she has the requisite knowledge and experience.

Upon consent of Client, Kutak Rock may subcontract for legal services in the event that Client requires legal services for which Kutak Rock does not have adequate capabilities.

Kutak Rock will include costs and expenses (including interest charges on past due statements) on its billing statements for Client reimbursement in accordance with the attached Expense Reimbursement Policy.

BILLING AND PAYMENT

The Client agrees to pay Kutak Rock’s monthly billings for fees and expenses incurred within thirty (30) days following receipt of an invoice, or the time permitted by Florida law, whichever is greater. Kutak Rock shall not be obligated to perform further legal services under this Agreement if any such billing statement remains unpaid longer than thirty (30) days after submittal to and receipt by Client. Non-payment of billing statements shall be a basis for Kutak Rock to immediately withdraw from the representation without regard to remaining actions necessitating attention by Kutak Rock as part of the representation.

DEFAULT; VENUE

In any legal proceeding to collect outstanding balances due under this Agreement, the prevailing party shall be entitled to recover reasonable attorneys’ fees in addition to costs and outstanding balances due under this Agreement. Venue of any such action shall be exclusive in the state courts of the Second Judicial Circuit in and for Leon County, Florida.

CONFLICTS

It is important to disclose that Kutak Rock represents a number of special districts, trustees (“Trustees”), bondholders, developers, builders, and other entities throughout Florida and the United States of America relating to community development districts, special districts, local governments and land development. Kutak Rock or its attorneys may also have represented the entity which petitioned for the formation of the Client. Kutak Rock understands that Client may enter into an agreement with a Trustee in connection with the issuance of bonds, and that Client may request that Kutak Rock simultaneously represent Client in connection with the issuance of bonds, while Kutak Rock is also representing such Trustee on unrelated matters. Kutak Rock will not represent the Client and Trustees, bondholders, developers, or builders on related matters without express consent of the Client. By accepting this Agreement Client agrees that (1) Client was provided with an explanation of the implications of the common representation(s) and the advantages and risks involved; (2) Kutak Rock will be able to provide competent and diligent representation of Client, regardless of Kutak Rock’s other representations, and (3) there is not a substantial risk that Kutak Rock’s representation of Client would be materially limited by Kutak Rock’s responsibilities to another client, a former client or a third person or by a personal interest. Acceptance of this Agreement will constitute Client’s waiver of any “conflict” with Kutak Rock’s representation of various special districts, Trustees, bondholders, developers, builders, and other entities relating to community development districts, special districts, local governments and land development.

ACKNOWLEDGMENT

Client acknowledges that the Kutak Rock cannot make any promises to Client as to the outcome of any legal dispute or guarantee that Client will prevail in any legal dispute.

TERMINATION

Either party may terminate this Agreement upon providing prior written notice to the other party at its regular place of business. All fees due and payable in accordance with this Agreement shall accrue and become payable pursuant to the terms of this Agreement through the date of termination.

EXECUTION OF AGREEMENT

This Agreement shall be deemed fully executed upon its signing by Kutak Rock and the Client. The contract formed between Kutak Rock and the Client shall be the operational contract between the parties.

ENTIRE CONTRACT

This Agreement constitutes the entire agreement between the parties.

Accepted and Agreed to:

SUNBRIDGE STEWARDSHIP DISTRICT	KUTAK ROCK LLP

By:		By:		 Its: Chairman		Its:	Transition Partner	 Date: January 20, 2022		Date:   01/20/2022

ATTACHMENT A

KUTAK ROCK LLP
CDD EXPENSE REIMBURSEMENT POLICY

The following is Kutak Rock’s expense reimbursement policy for community development district representation. This policy applies unless a different arrangement has been negotiated based on the unique circumstances of a particular client or matter.

All expenses are billed monthly. Billings ordinarily reflect expenses for the most recent month, except where there are delays in receiving bills from third party vendors.

Photocopying and Printing. In-house photocopying and printing are charged at $0.25 per page (black & white) and $0.50 per page (color). Outside copying is billed as a pass-through of the outside vendor's charges.

Postage. Postage is billed at actual cost.

Overnight Delivery. Overnight delivery is billed at actual cost.

Local Messenger Service. Local messenger service is billed at 44.5 cents per mile pursuant to Section 112.061, Florida Statutes. Should the State increase the mileage allowance specified in Section 112.061, Florida Statutes, Kutak Rock shall, without further action, be entitled to reimbursement at the increased rate.

Computerized Legal Research. Charges for computerized legal research are billed at an amount approximating actual cost.

Travel. Travel (including air fare, rental cars, taxicabs, hotel, meals, tips, etc.) is billed at actual cost. Where air travel is required, coach class is used wherever feasible. Out-of-town mileage is billed at 44.5 cents per mile pursuant to Section 112.061, Florida Statutes. Should the State increase the mileage allowance specified in Section 112.061, Florida Statutes, Kutak Rock shall, without further action, be entitled to reimbursement at the increased rate. Reasonable travel- related expenses for meals, lodging, gratuities, taxi fares, tolls, and parking fees shall also be reimbursed.

Consultants. Unless prior arrangements are made, consultants are ordinarily employed directly by the client. Where consulting or testifying experts are employed by the firm, their charges are passed through with no mark-up. The client is responsible for notifying the firm of any particular billing arrangements or procedures which the client requires of the consulting or testifying experts.

Other Expenses. Other outside expenses, such as court reporters, agency copies, conference calls, etc. are billed at actual cost.

Sunbridge Stewardship District

Amended and Restated Right-of-Way Acquisition Agreement

PARCEL NO. 112A PROJECT 599-2260

AMENDED AND RESTATED
RIGHT-OF-WAY ACQUISITION AGREEMENT
(East Segment)

THIS	AMENDED	AND	RESTATED	RIGHT-OF-WAY	ACQUISITION
AGREEMENT (“Agreement”) is made and entered into as of the Effective Date (hereinafter defined), by and between CENTRAL FLORIDA PROPERTY HOLDINGS 500, LLC, a Florida limited liability company (“CFPH500”), and CENTRAL FLORIDA PROPERTY HOLDINGS 600, LLC, a Florida limited liability company (“CFPH600” and together with CFPH500 shall be referred to herein collectively as “SLR”), both whose address is 51 South Main Street, Suite 301, Salt Lake City, Utah 84111, SPRINGHEAD NORTH, LLC, a Florida limited liability company (“SHN” and together with CFPH500 and CFPH600 collectively referred to herein as the “Owners”), whose address is 6900 Tavistock Lakes Blvd., Suite 200, Orlando, Florida 32827, and CENTRAL FLORIDA EXPRESSWAY AUTHORITY, a body politic and corporate and agency of the state, under the laws of the State of Florida, whose address is 4974 ORL Tower Road, Orlando, Florida 32807 (“CFX”), for the purposes and upon the terms expressly set forth herein. SLR, SHN, and CFX are sometimes collectively referred to herein as the “Parties” and individually as a “Party”.

W I T N E S E T H:

WHEREAS, CFPH500 is the fee simple owner of that certain land located in Osceola County, Florida, as more particularly described or depicted on Exhibit “A-1” attached hereto and incorporated herein by reference (the “CFPH500 Property”); and

WHEREAS, CFPH600 is the fee simple owner of that certain land located in Osceola County, Florida, as more particularly described or depicted on Exhibit “A-2” attached hereto and incorporated herein by reference (the “CFPH600 Property”); and

WHEREAS, SHN is the fee simple owner of that certain land located in Orange County, Florida and Osceola County, Florida, as more particularly described or depicted on Exhibit “A-3” attached hereto and incorporated herein by reference (the “SHN Property” and together with the CFPH500 Property and the CFPH600 Property being referred to herein collectively as the “East Property”); and

WHEREAS, CFPH600 is the fee simple owner of that certain land located in Osceola County, Florida, as more particularly described or depicted on Exhibit “B-1” (the “TCE Easement Areas”) and Exhibit “B-2” (the “Air Rights Easement Areas”) attached hereto and incorporated herein by reference; and

WHEREAS, CFX was created pursuant to Part III, Chapter 348, Florida Statutes (the “CFX Act”) to, among other things, construct, improve, maintain, and operate a limited access toll road known as the Central Florida Expressway System, as defined in the CFX Act, and was granted all powers necessary and convenient to conduct its business, including the power to contract with other public agencies; and

WHEREAS, Osceola County (the “County”), CFX, and the Osceola County Expressway Authority (“OCX”) previously entered into an Interlocal Agreement dated as of August 15, 2016 (the “Transition Agreement”), relating to various projects included in the OCX 2040 Master Plan, including extension of the Osceola Parkway from west of Boggy Creek Road to the proposed Northeast Connector Expressway, together with a proposed additional extension of Osceola Parkway commencing at the original terminus of the Osceola Parkway extension proposed in the OCX 2040 Master Plan and extending east approximately two miles to a point of intersection with a proposed new north-south arterial, which project is the subject of a project development and environment study conducted under FPID 432134-1-22-01, in Fiscal Year 2016/2017 (which entire extension project from west of Boggy Creek Road to the point of intersection with the new north- south arterial is known as FM #439193-1-38-01 and FM #439193-1-48-01), as re-evaluated by CFX and approved by the governing board of CFX on December 12, 2019 (the “Osceola Parkway Extension”, the “Project”, or the “Extension”); and

WHEREAS, County and CFX have entered into an Interlocal Agreement for Third-Party Funding as of February 20, 2018 and recorded April 6, 2018 under Document No. 20180205871 in the Public Records of Orange County, Florida (the “Funding Agreement”), which agreement was joined in for limited purposes by First American Title Insurance Company, a Florida corporation; and

WHEREAS, County, Lake Nona Land Company, LLC (“LNLC”), Lake Nona Research I, LLC (“LNR”), TDCP, LLC (“TDCP”), and SHN (SHN, LNLC, LNR, and TDCP shall be referred to herein collectively as “Tavistock”), SLR, and CFX entered into that certain Right-of-Way Acquisition Agreement with an effective date of December 17, 2019 (the “Original Agreement”), setting forth certain rights and obligations of the parties thereto for the right-of-way acquisition necessary for the construction of sections of the Osceola Parkway Extension; and

WHEREAS, commencing on December 17, 2019, CFX exercised its right to conduct any and all investigations, studies, examinations, surveys, and inspections reasonably necessary or desirable to determine the suitability of the East Property and SLR Easement Areas (hereinafter defined) for the Project in accordance with Section 6 of the Original Agreement; and

WHEREAS, of even date herewith, Tavistock, CFX, and the County have entered into that certain Amended, Restated, and Assigned Right-of-Way Acquisition Agreement (the “West Segment Roadway Agreement”) amending, restating and assigning the Original Agreement with respect to the West Property and the Tavistock Easement Areas (as both terms are defined in the West Segment Roadway Agreement); and

WHEREAS, SLR, Tavistock East Holdings, LLC, and CFX have separately made and entered into that certain Agreement to Convey Conservation Lands with an effective date of December 17, 2019, as amended by that certain First Amendment to Agreement to Convey

Conservation Lands executed concurrently herewith (collectively, the “Conservation Lands Agreement”), whereby Tavistock East Holdings, LLC and SLR have agreed to convey their interests in certain Conservation Lands (as defined in the Conservation Lands Agreement) to offset potential impacts of that alignment of the Osceola Parkway Extension known as the Project Alignment (hereinafter defined); and

WHEREAS, on or about December 12, 2019, CFX recognized the alignment more particularly depicted in Exhibit “C-1” attached hereto and incorporated herein by reference as CFX’s preferred alignment for the Osceola Parkway Extension (“Preferred Alignment”); and

WHEREAS, CFX has refined the boundaries of the Preferred Alignment based on further design and engineering efforts, which Project Alignment is substantially similar to, and does not substantially deviate in any material respect from, the Preferred Alignment; and

WHEREAS, the West Property and the East Property may be referred to herein collectively as the “Property” and the Tavistock Easement Areas and SLR Easement Areas may be referred to herein collectively as the “Easement Areas”; and

WHEREAS, CFX has identified the East Property and the SLR Easements (hereinafter defined) in the SLR Easement Areas as a necessary right-of-way for future construction and maintenance of the Project under the Funding Agreement; and

WHEREAS, CFX desires to purchase fee simple interest in the East Property and the SLR Easements in, over, upon and through the SLR Easement Areas, and the Owners desire to convey to CFX the East Property and SLR Easements, in lieu of condemnation, in accordance with the terms and conditions of this Agreement.

NOW, THEREFORE, for and in consideration of the mutual covenants and agreements herein set forth, and other good and valuable consideration, the receipt, adequacy, and sufficiency of which are hereby expressly acknowledged by the Parties hereto, the Parties hereby covenant and agree that with respect to those provisions of the Original Agreement setting forth the terms and conditions for the conveyance and acquisition of the East Property and SLR Easements, the Original Agreement is hereby superseded and replaced entirely with this Agreement which provides as follows:

Recitals. The foregoing recitals are true and correct and are incorporated herein by this reference.

Defined Terms. Capitalized terms used in this Agreement (except for headings) shall have the meanings that appear when the terms are first set forth in quotation marks. Any capitalized terms not specifically defined herein shall have the meaning ascribed to them in the Conservation Lands Agreement. All of the defined terms contained in this Agreement may be used in the singular or the plural and, except as the context may require otherwise, shall mean when used in the plural all objects, persons, and the like included in the definition, and when used in the singular any of the objects, persons, and the like included in the definition. In addition to all other defined terms contained in this Agreement, the terms listed below, except as the context may require otherwise, shall have the meanings provided therefor:

“Laws” shall mean the codes, ordinances, rules, regulations, policies, standards, and requirements of any federal, state, or local governmental or quasi-governmental authority having jurisdiction over the matters and projects contemplated in this Agreement.

“Permits” shall mean all permits, approvals, development orders, and other consents and authorizations of governmental authorities required for construction of the Project Alignment or any applicable component or portion thereof, in accordance with the Plans and with applicable Laws.

“Plans” shall mean the design, engineering, and construction plans, right-of- way maps, parcel sketches, legal descriptions, specifications, surveys, estimates of costs, construction schedules, and bid-ready documents for construction of the Project Alignment or any applicable component or portion thereof.

“Project Alignment” shall mean that portion of the Extension that requires the real property depicted on Exhibit “A-1” thru Exhibit “A-3” hereto and Exhibits “A-1” through “A-3” of the West Segment Roadway Agreement, all of which are depicted in Exhibit “C-2” attached hereto. Any and all references in the Original Agreement and Conservation Lands Agreement to the Split Oak Alignment, as referenced herein, shall refer to the Project Alignment.

Property. References in this Agreement to the “SLR Easement Areas” mean the TCE Easement Areas and the Air Rights Easement Areas, collectively. Further, references herein to the “SLR Easements” mean the easements and other rights affecting the SLR Easement Areas created by the easement instruments prescribed by this Agreement. CFX will consult with the Owners in establishing the final legal descriptions of the East Property and SLR Easement Areas. CFX, or CFX’s designee, at its expense, shall prepare legal descriptions of the East Property and SLR Easement Areas, subject to review and approval by CFX and Owners, such approval not to be unreasonably withheld, conditioned, or delayed. The legal descriptions shall be prepared in accordance with the Section below titled “Survey.”

Agreement to Buy and Sell. Owners agree to sell, grant, or convey to CFX and CFX agrees to purchase, receive, or accept from the Owners the East Property and SLR Easements in lieu of condemnation, in the manner and upon the terms and conditions herein below set forth in this Agreement. By way of clarification, CFX shall have no right to purchase some of the East Property and SLR Easements without purchasing all of the East Property and SLR Easements. Further, the Closing in Escrow (hereinafter defined) of the East Property and the SLR Easements under this Agreement is expressly contingent upon the simultaneous closing of the West Property and the granting of Tavistock’s easements (“Tavistock’s Easements”) under the West Segment Roadway Agreement, and on the simultaneous closing in escrow of the Conservation Lands in accordance with the Conservation Lands Agreement. Notwithstanding the foregoing, the Parties agree and acknowledge that the purchase of the East Property shall include transfer of fee simple ownership to CFX, and purchase or granting of the SLR Easements shall consist of the grant of easement interests and rights in the SLR Easement Areas in accordance with terms and conditions set forth herein.

Parties. All Parties to this Agreement hereby acknowledge that the terms contained in Section 20.055(5), Florida Statutes, may apply to this Agreement to the extent required by said statute. The Parties hereby agree to comply with this subsection of Florida Statutes.

Purchase Price.

Subject to the terms and conditions set forth in this Agreement, in consideration for conveyance of the East Property and the SLR Easements, CFX shall deliver to the Escrow Agent (hereinafter defined) at Closing in Escrow and only in the event of Closing in Escrow, to be held in escrow for the benefit of the Owners in accordance with the terms of the Escrow Agreement (hereinafter defined) the sum of Nine Million Nine Hundred Forty-Six Thousand and No/100 United States Dollars ($9,946,000.00) (the “Purchase Price”). The Purchase Price shall be paid by federal wire transfer of immediate funds, adjusted for appropriate credits, adjustments and prorations as herein below provided, and represents the full compensation to the Owners for the East Property, the SLR Easements and for any damages suffered by the Owners and/or any adjoining property owned by the Owners in connection with the transaction contemplated under this Agreement, including, without limitation, severance damages to the Owners’ remaining property, business damages, consequential damages, any other damages whatsoever, together with interest, if any.

The Purchase Price is premised upon the East Property being comprised of approximately 141.79 acres in the aggregate of fee simple interest and approximately 2.3 acres for the Air Rights Easements (hereinafter defined).

CFX’s Right of Inspection.

Right of Inspection. The Parties acknowledge that CFX has exercised its right to conduct any and all investigations, studies, examinations, surveys, and inspections reasonably necessary or desirable to determine the suitability of the East Property and SLR Easement Areas for the Project in accordance with Section 6 of the Original Agreement since December 12, 2019. CFX shall at all times prior to the scheduled date of Closing in Escrow have the privilege of going upon the East Property and the SLR Easement Areas with its agents and engineers as needed to inspect, examine, survey and otherwise undertake those actions which CFX, in its discretion, deems reasonably necessary or desirable to determine the suitability of the East Property and SLR Easement Areas for the Project; provided, however, no invasive testing or Phase 2 environmental site assessments shall be permitted without the prior written consent of the Owners of the lands to be impacted by the Phase 2 environmental testing in accordance with subsection 7.b. hereof. Said privilege shall include, without limitation, the right to make surveys, soils tests, borings, percolation tests, compaction tests, environmental tests (other than Phase 2 testing), and tests to obtain any other information relating to the surface, subsurface (excluding invasive investigations) and topographic conditions of the East Property. CFX shall enter the East Property and SLR Easement Areas at its sole risk, and CFX hereby releases the Owners from any claims relating to the physical condition of the East Property and SLR Easement Areas, or to the entry thereon by CFX. CFX shall exercise its rights hereunder so as to minimize damage to the East Property and SLR Easement Areas and to avoid materially adverse impact on the Owners’ uses thereof while allowing CFX, its assignee or designee, to obtain the necessary information.

Environmental Site Assessment. The Parties agree and acknowledge that the Owners have previously provided to CFX the following environmental site assessments prepared by PSI Environmental Services, Inc.: (i) that certain Phase I Environmental Site Assessment dated November 13, 2015 under Project Number 06632550; (ii) that certain Phase I Environmental Site Assessment dated August 31, 2017 under Project Number 06633436; and (iii) that certain Phase I Environmental Site Assessment dated November 8, 2018 under Project Number 06633823 and 06634193 (collectively, the “Environmental Studies”). CFX acknowledges it has each received and reviewed the Environmental Studies as to the suitability of the East Property for the Project Alignment and its Intended Use (as defined herein). CFX, at CFX’s sole cost and expense, may obtain any updates to any Environmental Studies conducted six (6) or more months prior to the Effective Date. To the extent the Environmental Studies do not cover all of the East Property, CFX may, in its sole discretion and at its sole cost and expense, conduct a Phase I Environmental Site Assessment of the East Property (“Phase I”) to determine the likelihood of the East Property containing any hazardous or toxic substances, wastes, materials, pollutants or contaminants. As used herein, “Hazardous Substances” shall mean and include all hazardous and toxic substances, wastes or materials, any pollutants or contaminates (including, without limitation, asbestos and raw materials which include hazardous components), or other similar substances, or materials which are included under or regulated by any local, state or federal law, rule or regulation pertaining to environmental regulation, contamination or clean-up, including, without limitation, “CERCLA”, “RCRA”, or state superlien or environmental clean-up statutes (all such laws, rules and regulations being referred to collectively as “Environmental Laws”). In the event CFX determines, in its sole and absolute discretion, that the Phase I, prior Environmental Studies, or any Follow-up Assessment is not satisfactory, or otherwise deems the East Property or the SLR Easement Areas unsuitable for the Project, CFX may terminate this Agreement no later than fifteen (15) days from the Effective Date (the “Inspection Deadline”) upon which all Parties shall be relieved of all further obligations hereunder, other than obligations which, by the express terms of this Agreement, survive the Closing in Escrow or the termination of this Agreement. In the event CFX has not delivered written notice of termination to the Owners by 5:00 p.m., local Orlando time, on or before the Inspection Deadline, then CFX shall be deemed to have waived its right to terminate under this Section 7.b.

CFX shall not conduct a Phase II Environmental Site Assessment, or any other environmental review more intrusive than the Phase I (a "Follow-up Assessment"), without first obtaining each affected Owners’ written consents, which consents the Owners shall have the unconditional right to refuse. If the Owners elect to allow a Follow-up Assessment, the scope and other details thereof shall be subject to the applicable Owners’ prior written approval exercised in such Owners’ sole discretion. Further, if the applicable Owners authorize a Follow-up Assessment, such Owners shall have the right in their discretion to elect to perform the Follow-up Assessment (in lieu of CFX doing so), still at CFX’s cost. If the Owners so elect to perform the Follow-up Assessment, the Owners shall have the right in their discretion to keep confidential, even from CFX, the results thereof. If Owners elect to keep those results confidential from CFX, then CFX shall have the right to terminate this Agreement at any time within ten (10) days after receipt of Owners’ written notice of election to keep the results of the Follow-up Assessment confidential. In the event of such a termination, the Parties will be relieved of their respective obligations under this Agreement other than those obligations the Parties agree survive such a termination. If CFX fails to deliver written notice of termination to the Owners by 5:00 p.m., local Orlando time, on or before the expiration

of the permitted 10-day period to elect to terminate this Agreement, CFX shall have forfeited the right to terminate.

Termination. In the event CFX elects to exercise its right to terminate this Agreement pursuant to the provisions of this Section 7, such election must be exercised by providing written notice of the election to Owners (the “Termination Notice”), which Termination Notice must be timely provided (pursuant to the Notices provisions in Section 21 hereof) prior to the then-scheduled Escrow Date (hereinafter defined) or such other deadline which is expressly stated herein.

Payment for Inspections. CFX shall pay for all work and inspections performed by CFX, or on behalf of CFX, on or in connection with the East Property and the SLR Easement Areas, and shall not permit the filing of any lien against the East Property or SLR Easement Areas (or any portion of either) in favor of any contractor, materialman, mechanic, surveyor, architect, engineer, laborer, or any other lienor performing services or supplying materials to the East Property or the SLR Easement Areas on CFX’s behalf or at CFX’s request. This subsection shall survive Closing in Escrow, release of the Closing Deliveries (hereinafter defined) and recording of the Deeds, and termination of this Agreement, whatever the reason for termination.

Protection of Owners. CFX shall maintain, and shall cause each of their contractors performing work on the East Property or the SLR Easement Areas on their behalf, to maintain, a policy or policies of commercial general liability insurance, with a combined single limit of not less than $1,000,000 and $2,500,000 in the aggregate protecting the Owners from claims, actions, losses, and liability relating to entries by or on behalf of CFX onto the East Property or the SLR Easement Areas. This policy shall name the Owners and their officers, directors, employees, and agents as additional insureds. This policy shall be underwritten by an insurance company meeting the Owners' reasonable approval. CFX, or its contractors, shall deliver to the Owners a certificate or other evidence of such insurance before entering onto, or causing entry by another onto, the East Property or the SLR Easement Areas. CFX, as a condition of exercising its right of entry hereunder, agrees to protect and indemnify the Owners with respect to liens, claims, expenses, damages, losses, obligations, and liabilities resulting from the exercise by CFX, or any of its agents, of this right of entry. Nothing contained herein shall be deemed a waiver of sovereign immunity beyond the limits set forth in Section 768.28, Florida Statutes. Without waiving its right to sovereign immunity as provided in Section 768.28, Florida Statutes, CFX (but not its contractors) may elect to self-insure for general liability with coverage limits as set forth in Section 768.28, Florida Statutes, and shall provide an affidavit or certificate of insurance evidencing self-insurance commercial insurance for up to sovereign immunity limits and the Owners agree to accept such insurance with regard to CFX. This subsection shall survive Closing in Escrow, release of the Closing Deliveries and recording of the Deeds, and termination of this Agreement, whatever the reason for termination.

Evidence of Title. No later than twenty (20) days before Closing in Escrow, CFX, or CFX’s designee or assignee, may obtain, at CFX’s sole cost and expense, a commitment or commitments for a policy of Owners’ Title Insurance (the “Commitment”) based on the legal descriptions obtained by CFX, or CFX’s designee or assignee, in accordance with Section 9 hereof, which shall be written on a nationally recognized title company of CFX’s choosing (the “Title Company”). CFX will deliver (or will cause the Title Company to deliver) copies of the

Commitment and all documents constituting the exceptions referred to in the Commitment to the Owners. The Commitment shall bind the Title Company to deliver to CFX a policy of Owners’ Title Insurance which shall insure CFX’s title to the East Property (and, if desired, any beneficial easements) in an amount equal to the Purchase Price. CFX shall have five (5) days from the date of receipt of the latter of the Commitment or the Survey (as defined below) to examine the Commitment and Survey and notify Owners in writing of any defects, a defect being a matter which would render title unmarketable or render the East Property unsuitable, in CFX’s reasonable discretion, for the Project. The applicable Owners shall have ten (10) days from receipt of notice of the title defect (the “Title Curative Period”) within which to remove (or notify CFX of any Owners’ refusal to remove) such defect(s), and if an Owner is unsuccessful in removing, or elects not to remove, the same within said time period, CFX shall have the option as its sole and exclusive remedy of: (i) accepting title as it then is without reduction in Purchase Price; or (ii) terminating this Agreement, whereupon each Party shall then be released of all further obligations hereunder, which option shall be made in writing within three (3) days after the expiration of the Title Curative Period. The Owners shall have no obligation to, and in their sole discretion may elect not to, undertake removal of any or all title defects identified in CFX’s notice of title defects, except to the extent such defect relates to a mortgage, lien, taxes, charges, or assessments on the East Property, or any portion thereof. The Owners’ failure (or refusal) to correct a defect shall not constitute a default by the Owners. This obligation does not obligate the Owners to spend in excess of Ten Thousand and No/100 Dollars ($10,0000.00) (in the aggregate and not per individual Owner) to resolve said defects, except to the extent such defect relates to a mortgage, lien, taxes, charges, or assessments on the East Property, SLR Easement Areas, or any portion thereof. In the event any of the foregoing time periods extend beyond the Escrow Date, the Escrow Date shall extend accordingly. Those matters reflected in the Commitment and Survey and accepted in writing (or deemed accepted) by CFX, shall be deemed and collectively referred to herein as the “Permitted Exceptions”. Additionally, the Permitted Exceptions shall include the SLR Easements expressly contemplated hereunder to be recorded at or prior to Closing in Escrow (the “Pending Easements”). In the event CFX elects to obtain a Survey, the lands to be encumbered at Closing in Escrow by the Pending Easements shall be described and depicted on the Survey. CFX shall take title to the East Property subject to the Permitted Exceptions. At Closing in Escrow, CFX shall pay the premium for the Owners’ Title Insurance Policy (including any endorsements thereto) to be issued.

Survey. No later than twenty (20) days before Closing in Escrow, CFX may have the East Property and SLR Easement Areas (if desired) surveyed at its sole cost and expense (the “Survey”). If CFX elects to obtain a Survey, the Survey shall be performed and certified to the Owners, CFX, and the Title Company issuing the Commitment in accordance with applicable law, statutes and regulations and shall have located thereon all matters listed in the Commitment which are capable of being shown on a survey. Pursuant to Section 8 above, CFX, or CFX’s designee or assignee, may object to Survey conditions, which shall then be treated as title exceptions and cured, or not cured, as applicable, in accordance with the Section 8 above. In lieu of obtaining a boundary survey, the CFX, or CFX’s designee or assignee, may elect to prepare, or have prepared on its behalf, certified legal descriptions and sketches of the East Property and SLR Easement Areas. Because of the need for legal descriptions at Closing in Escrow, CFX shall obtain at its expense either the Survey or the certified legal descriptions and sketches. The surveyor shall provide certified legal descriptions and sketches of said descriptions delineating the East Property and SLR Easement Areas into various portions of right of way (separated by ownership) and the

legal descriptions will be included in the easement agreements executed and delivered at Closing in Escrow by Owners in addition to the Deeds (as defined below). Upon request of CFX, the legal description from such Survey or sketch and description shall be substituted in the Deeds or applicable easement agreements conveying, or granting an easement over, the East Property or SLR Easement Areas at Closing in Escrow, subject to Owners’ reasonable approval of that legal description. No later than twenty (20) days before Closing in Escrow, CFX shall provide the Owners with complete and accurate legal descriptions of the East Property and SLR Easement Areas for review and approval within ten (10) days. If the Owners do not object to the legal descriptions within said ten (10) day period, the legal descriptions shall be deemed approved by the applicable Owners. Once approved by the Owners, the legal description shall be included in the documents signed at Closing in Escrow. In the event CFX does not obtain a current Survey of the East Property and/or the SLR Easement Areas, then the standard survey exceptions will not be removed from the title policies. Further, CFX acknowledges and agrees that the title policies may include specific survey exceptions based on the Survey.

Conditions Precedent to Obligation to Close.

CFX’s Conditions to Close. CFX’s obligation to purchase the East Property and the SLR Easements shall be expressly conditioned upon the fulfillment of each of the following conditions precedent (collectively, the “CFX’s Conditions to Close”) on or before the date or dates hereinafter specifically provided and in no event later than the Escrow Date:

The representations, warranties and covenants of the Owners contained in this Agreement shall be true and correct as of the Escrow Date in all material respects.

Owners shall have performed and complied with all covenants and agreements contained herein which are to be performed and complied with by Owners at or prior to the Closing in Escrow.

The Title Company is unconditionally bound to issue the owner’s title insurance policy in favor of CFX in the full amount of the Purchase Price, subject only to the Permitted Exceptions.

The East Property or SLR Easement Areas shall not have been materially affected by any legislative or regulatory change, or any flood, accident or other materially adverse event that would prevent or prohibit the use of the East Property for the Project.

CFX and Owners shall have mutually agreed upon the form, manner, location and content of the easement agreements conveying the SLR Easements and the Drainage Easement (hereinafter defined).

Owners shall, at Owners’ cost and expense, exempt (or shall cause the Property to be exempt) from any assessments levied by the CDD, or any homeowners association or property owners’ association applicable to the East Property.

CFX and Owners shall have mutually agreed upon the form, content and manner of the Notice of Temporary Licenses (hereinafter defined).

Owners’ Conditions to Close. Owners’ obligation to sell the East Property and the SLR Easements shall be expressly conditioned upon the fulfillment of each of the following conditions precedent (collectively, the “Owners’ Conditions to Close” and together with CFX’s Conditions to Close being referred to herein as the “Conditions to Closing” or “Conditions to Close”) on or before the date or dates hereinafter specifically provided and in no event later than the Escrow Date:

The representations, warranties and covenants of CFX contained in this Agreement shall be true and correct as of the Escrow Date in all material respects.

CFX shall have performed and complied with all covenants and agreements contained herein which are to be performed and complied with by CFX at or prior to the Escrow Date.

The East Property and SLR Easement Areas shall not have been materially affected by any legislative or regulatory change, or any flood, accident or other materially adverse event that would prevent or prohibit the use of the East Property for the Project.

CFX and Owners shall have mutually agreed upon the form, content and manner of the Notice of Temporary Licenses.

CFX and Owners shall have mutually agreed upon the form, manner, location and content of the easement agreements conveying the SLR Easements and the Drainage Easement.

The Parties shall exercise commercially reasonable, diligent and good faith efforts to cause their respective Conditions to Close to be satisfied and to remain satisfied from the Escrow Date to the Release Date. The Parties may at any time or times on or before Closing in Escrow, at each of their election, subject to restrictions of law, waive any of the foregoing conditions to its obligations hereunder and the consummation of such sale, but any such waiver shall be effective only if contained in writing signed by CFX and delivered to Owners or vice versa, as to the applicable Conditions to Closing.

In the event any of the foregoing Conditions to Closing or other conditions to this Agreement are not fulfilled or waived by the applicable Parties prior to the date of Closing in Escrow, the Party who is benefited by such Conditions to Closing may elect, as its sole and exclusive remedy, to: (i) terminate this Agreement, (ii) waive any outstanding Conditions to Close and proceed to Closing in Escrow without adjustment to the Purchase Price; or (iii) waive any of the Conditions to Close and, if and to the extent applicable and provided that the Parties mutually agree to the form and content, enter into a post-closing agreement or escrow agreement establishing a time certain to complete the unfinished conditions (“Post Closing Conditions”) and the provision of a method to financially secure any Post Closing Conditions (“Post Closing Agreement”).

Escrow Date and Closing Procedures and Requirements.

Escrow Date. The closing in escrow of the purchase and sale contemplated under this Agreement (the “Closing in Escrow”) shall be held on or before thirty (30) days from the expiration of the Inspection Deadline, or such earlier date selected by CFX by providing not less

than ten (10) days’ prior written notice to Owners but in no event later than March 31, 2022 (the “Escrow Date”), at the offices of CFX, or CFX’s attorney, by mail or courier, or any other place which is mutually acceptable to the Parties.

Closing Concurrent with Conservation Lands. Unless otherwise subsequently mutually agreed upon in writing by the Parties, the lands conveyed under this Agreement, the Conservation Lands Agreement, and the West Segment Roadway Agreement will all close in escrow or close, as applicable, on the Escrow Date; provided, however, the Parties acknowledge and agree that the Purchase Price, deeds, conservation easements, and other closing documents for the East Property, SLR Easement Areas, and Conservation Lands shall be held in escrow, pursuant to the terms of an escrow agreement, until the Construction Contingencies (hereinafter defined) and the Conservation Lands Contingencies and Additional Contingencies, as defined in the Conservation Lands Agreement, and any other additional contingencies set forth in the Escrow Agreement have been satisfied. Accordingly, by way of clarification and notwithstanding any conflicting provision of this Agreement, the Closing in Escrow under this Agreement and the Conservation Lands Agreement will be effective as of the Release Date.

Delivery of Possession. Title to the fee simple interests in the East Property and the SLR Easements in the SLR Easement Areas shall transfer to CFX upon satisfaction of the Construction Contingencies and any other additional contingencies set forth in and in accordance with the terms and conditions of the Escrow Agreement, unless otherwise mutually agreed upon by the Parties (“Release Date”) and, on or before said Release Date, the Owners shall abandon and vacate the East Property and shall remove all personal property not included in this transaction that the Owners intend to remove from the East Property and for which CFX has not paid the Owners as part of the Closing in Escrow (except as otherwise provided in any licenses and leases included in the Permitted Exceptions). Except as otherwise provided in the Permitted Exceptions, the Owners shall surrender possession of the East Property to CFX as of the Release Date free of any tenancies, sub-tenancies, or encumbrances, or by separate agreement of the Parties entered into prior to the Escrow Date. Except as otherwise expressly set forth herein or in the Escrow Agreement, the Owners shall not enter into any agreements for any tenancies, sub-tenancies, or encumbrances, or other agreements impacting the East Property or SLR Easements between the Closing in Escrow and Release Date. Except as otherwise provided in any licenses and leases included in the Permitted Exceptions, any personal property or fixtures left by the Owners upon the East Property after the Release Date shall be presumed to be abandoned, and CFX will have the right to remove and destroy such property or fixtures without any responsibility or liability to any applicable Owners for any damages or claims whatsoever.

Prorating of Taxes and Assessments. Owners shall pay all taxes, assessments, and charges applicable to the East Property for the period of time prior to the Release Date. All such taxes, assessments and charges shall be prorated as of the Release Date. At or prior to the Release Date, Owners will pay to CFX or the closing agent, by credit to the Purchase Price or otherwise, Owners’ pro rata share of all taxes, assessments and charges as determined by the applicable taxing governmental authorities against the East Property and shall comply with the provisions of Section 196.295, Florida Statutes.

Closing Costs. CFX shall, at Closing in Escrow, deliver to the Escrow Agent: (i) the cost of recording the Deeds delivered hereunder and the easements agreements to

grant the SLR Easements; (ii) all costs pertaining to the Commitment, including, but not limited to, title insurance premiums, title search fees, and the premiums for any endorsements requested by CFX, and all costs related to the issuance of the Commitment and a title insurance policy insuring title to the East Property, should CFX desire to obtain a title insurance policy on the East Property;
(iii) all of the costs and expenses associated with the Survey or the sketch and legal descriptions, as applicable; and (iv) any and all cost and expenses associated with its inspections including, without limitation, recertifying and updating the Environmental Studies and Follow-up Assessments. All other costs incurred at Closing in Escrow shall be borne by the Parties in accordance with the custom and usage in the applicable county where the land is located. The Parties anticipate the conveyance of the East Property will be exempt from documentary stamp taxes as a conveyance in lieu of condemnation. (See Section l 2B-4.014(13), F.A.C.). If the Florida Department of Revenue or any authority with jurisdiction shall determine documentary stamp taxes must be paid on the conveyance of the East Property, the Owners shall pay the documentary stamp taxes to the Title Company, as the escrow agent under the Escrow Agreement (“Escrow Agent”), which amount shall be disbursed by the Escrow Agent upon the release of Closing Deliveries from escrow on the Release Date.

General Closing Documents. At the Closing in Escrow, the Owners shall sign and provide to CFX the Deed(s) conveying fee simple interest in the East Property, the easement agreements conveying the SLR Easements set forth herein in accordance with the terms hereof, a closing statement, an Owners’ affidavit sufficient to allow the Title Company to delete the applicable standard exceptions from the title policy, including matters referenced in Section 627.7842(1)(b) and (c), Florida Statutes, and an affidavit that such Owners is not a foreign person for purposes of the Foreign Investment in Real Property Tax Act (FIRPTA), as revised by the Deficit Reduction Act of 1984 and as same may be amended from time to time (which certificates shall include such Owners’ taxpayer identification numbers and address or a withholding certificate from the Internal Revenue Service stating that such Owners is exempt from withholding tax on the Purchase Price under FIRPTA), an appropriate resolution authorizing the such Owners to engage in the transaction, and such other documents as are necessary to complete the transaction as contemplated herein. If, at the time of Closing in Escrow, any Owners holds title to the East Property in the form of a partnership, limited partnership, corporation, limited liability company, trust, or any form of representative capacity whatsoever, then at Closing in Escrow such Owners shall sign a Beneficial Interest Affidavit described in Section 286.23, Florida Statutes, as applicable (a copy of which is attached hereto as Exhibit “D”). Each Party shall also sign and deliver such additional documents, and take such other actions, as may be necessary or appropriate to implement or perform provisions of this Agreement and allow the Title Company to insure CFX’s title in and to the East Property (and, if desired, any beneficial easements). Each closing document will be consistent with and will implement applicable provisions of this Agreement, and the form and content shall be subject to the reasonable approval of the Parties.

Legal Descriptions. The Parties understand and agree that the legal descriptions of the East Property and the SLR Easements may not be finalized until the design for the Project is completed or until the future development of Owners’ adjacent lands is designed and permitted. As such, in the event the legal descriptions attached to the Deeds or the easements agreements granting the SLR Easements need to be modified after the Escrow Date or the Release Date, the Parties shall cooperate and work in good faith to execute any and all documents reasonably necessary to accommodate the revisions to the legal description and any closing documents required

to effectuate the revisions to the legal descriptions, provided; however, in no event shall CFX, or CFX’s successor in interest, be required to accept, in its sole and absolute discretion, a decrease in the total acreage of the East Property or SLR Easements without compensation therefor, or otherwise incur any additional costs or expenses, directly or indirectly, to revise the legal descriptions, including, without limitation, costs and expenses for the (i) preparation of additional sketch and legal descriptions, surveys or closing documents, (ii) recording the deeds, easements agreements or any documents required to revise the legal descriptions; and (iii) title search and commitment fees, or title insurance premiums to update the title policies. The Owners understand and acknowledge that once the Project is under design, any revisions to the legal descriptions for the Project will potentially require a redesign of the Project. In the event the Owners request to revise the legal descriptions for the East Property or SLR Easement Areas subsequent to CFX advertising for the design of the Project, the Owners agree to pay any and all costs required to redesign the Project to account for the revisions to the legal descriptions of the East Property and SLR Easement Areas. This clause survives Closing in Escrow, release of the Closing Deliveries on the Release Date, and is enforceable by specific performance, in addition to other appropriate remedies.

Conveyance of Title.

At the Closing in Escrow, Owners shall execute and deliver to the Escrow Agent in favor of CFX a Special Warranty Deed for their respective portions of the East Property (collectively, the “Deeds”) conveying fee simple record title of the East Property to CFX, free and clear of all liens, outstanding general and special assessments, easements, reservations, restrictions and encumbrances whatsoever except for the Permitted Exceptions and other title exceptions to which CFX has not objected or which CFX has agreed to accept pursuant to Section 8.

Use Restriction and Alternate Use Restriction. The Deeds will contain a restrictive covenant limiting use of the East Property in substantially the following form (“Use Restriction”):

“Use of the East Property shall be restricted and limited to construction, maintenance, repair, replacement, and operation of a limited access highway (the “Primary Use”) and such other public transit or transportation facility or other public transit or transportation use ancillary to or in support of the Primary Use which is reasonably approved by the governing board of CFX (the “Ancillary Use” and together with the Primary Use referred to herein collectively as the “Permitted Use”). No Ancillary Use shall at any time be permitted in the absence of, or in lieu of, the Primary Use. Concurrent with a Permitted Use (but not before or in lieu thereof), use of the East Property may also include stormwater management ponds and facilities, lighting, landscaping, and underground (unless otherwise located on the bridge structures) public utilities, and communications facilities and other improvements and facilities appurtenant to and otherwise in support of the Permitted Use (collectively, the “Ancillary Facilities”); provided, however, (a) CFX and CFX’s successors in interest or assigns, shall not, without prior written consent of the Owners, authorize use of the East Property for communications facilities providing service to any lands lying within the Lake Nona Planned Development (as generally described in that certain Ordinance of the City of Orlando, Florida, adopted by the City Council on December 10, 2018 under Document Number 1812101204, as reflected in that certain Municipal Planning Board Staff Report dated July 16, 2019 under ZON2019-10015, as amended by that certain Municipal Planning Board Staff Report approved on

September 8, 2020 under ZON2019-10035, and that certain Ordinance No. 2021-46 of the City of Orlando, Florida, adopted by the City Council on July 19, 2021 under Document Number 2107191204), and (b) in no event shall the East Property be used for high-speed air mobility transportation facilities or similar uses. The East Property shall not be used for any other purposes or uses whatsoever. This restriction will run with title to the East Property for a term of fifty (50) years from the date and time of recording of this Special Warranty Deed, as it may be extended automatically as expressly provided herein (the “Term”) and be enforceable by Owner and its successors in interest, and assigns, in perpetuity. The persons and entities from time to time entitled to enforce this Use Restriction may do so by invoking all remedies at law and in equity, including without implied limitation specific performance and injunction.

In the event CFX fails to complete the construction of the East Segment (as defined herein) on or prior to the East Segment Completion Deadline (as defined herein), subject to delays caused by any Force Majeure Event (as defined herein); or (2) if during the Term, the East Property, or any portion thereof, ceases on a permanent basis to be used for the Primary Use (collectively, a “Repurchase Event”), the Owners may elect to pursue any remedies available at law or in equity, and each Owner(s) who transferred the East Property and SLR Easements (or applicable portions thereof) to the CFX shall have the assignable right to repurchase the portion of the East Property (together with the appurtenant SLR Easements or the applicable portion thereof) conveyed by that Owner (either entirely or with respect only to the portion thereof that ceases to be so used) at a purchase price equal to the original purchase price paid by CFX therefor (the “Right of Repurchase”). To the extent only a portion of the East Property ceases to be used for the Primary Use, the Owners will allocate the purchase price for the Right of Repurchase over the portions of the East Property and the SLR Easements based on the original allocation of purchase price determined by the Owners at Closing in Escrow and mutually agreed upon by the CFX at Closing in Escrow pursuant to this Agreement. CFX and its successors in interest shall promptly notify the Owners in writing of the occurrence of a Repurchase Event (“Notice of Repurchase Event”). Notwithstanding the foregoing, in the event one or more of the Construction Contingencies have not been satisfied, or cannot be satisfied by the Construction Contingencies Deadline (as it may be extended pursuant to Section 13.c below), regardless of whether such Construction Contingencies Deadline has passed, after good faith and diligent efforts of CFX or its successors in interest, CFX or its successors in interest may, but are not obligated to, provide a Notice of Repurchase Event to the Owners. No later than one thousand ninety-five (1,095) days from receipt of such Notice of Repurchase Event (the “Repurchase Period”), the applicable Owner(s) shall notify CFX or CFX’s successors in interest, in writing, of its intent to exercise its Right of Repurchase (the “Repurchase Notice”). In no event shall the Owners be permitted to purchase only a portion or segment of the East Property and appurtenant Easements (or the applicable portion thereof) without the express written consent of CFX or its successors in interest. In the event one or more of the Owners elects to repurchase the East Property and SLR Easements (“Electing Owners”) and one or more Owners is unable or unwilling to repurchase the East Property and SLR Easements, the Electing Owners, or their assignees, shall be required to repurchase all of the East Property and SLR Easements unless otherwise waived in writing by CFX or its successors in interest. Within thirty (30) days of CFX or CFX’s successors in interest receipt of the Repurchase Notice, the parties shall negotiate in good faith to enter into a repurchase agreement based on the customary and standard terms for an arm’s length transaction of this nature, or if such repurchase agreement cannot be agreed upon in form then the parties shall use the then current FARBAR form commercial contract; provided, however, subject to the conditions and requirements hereof: (i) the applicable Owner(s) will accept the

physical condition of the East Property and SLR Easements “as-is where-is” subject, however, to
(a) the applicable Owner(s)’ right to terminate or extinguish any easements benefiting CFX or other third-parties in anticipation of or in furtherance of the Permitted Use and any Ancillary Facilities, all of which shall be subordinate and subject to Owners’ Right of Repurchase (b) CFX or CFX’s successors in interest obligation to remove any monetary liens or encumbrances created by or through said party, and (c) the automatic release and termination of the Use Restriction; (ii) CFX or CFX’s successor’s in interest shall not be required to pay for any title insurance search or owners’ policy or survey but shall be responsible for the costs of recording the deed, recording all title curative documents, transfer taxes, and any closing/escrow fees; (iii) CFX or CFX’s successors in interest shall reconvey the East Property (or the applicable portion thereof) by special warranty deed and shall deliver exclusive possession thereof to the applicable Owner concurrently with the closing; and (iv) CFX shall prepare all documents related to the repurchase closing.

On an Owner’s repurchase of any of the East Property pursuant to this Section, unless the Owner expressly agrees otherwise, title for the applicable portion of the East Property shall vest in the Owner free and clear of and unburdened by any matter to which the title was made subject after the original conveyance by Owners.

For purposes of this restriction, the East Property, or any portion thereof, shall be deemed permanently to cease being used for the Primary Use if once the limited access highway has opened to the general public for use, the highway or any lane or other portion thereof is closed to general public use for reasons other than temporary maintenance, repair, expansion, or upgrade for a period exceeding twenty-four (24) consecutive months. If CFX or its successors in interest at any time cease using the East Property, or any portion thereof, on a permanent basis as a limited access highway but fail in writing to so notify Owners, then Owners may at any time invoke any of the remedies provided in this deed, including, without implied limitation, the Right of Repurchase. The Use Restriction shall be prior and superior to all rights, titles, and other claims and interests granted, attaching, or otherwise affecting the East Property, or any portion thereof, after the date of this deed; and the Owners’ taking title to the East Property (or applicable portion) through repurchase shall extinguish such rights, titles, claims, and interests without further action. The Owners’ title for any portion of the East Property as a result of a repurchase shall not be subject to any such rights, titles, claims, and interests.

Notwithstanding the foregoing or anything contained herein, the Owners understand and acknowledge that CFX or its successors in interest will be required to maintain a minimum right- of-way width of 330 feet and minimum stormwater volume of 104 acre feet to operate a limited access highway and in no event shall the Owners, without the express written consent of CFX or its successors in interest be permitted to repurchase a portion of the East Property or SLR Easements that would result in a minimum right-of-way width of less than 330 feet and minimum stormwater volume of 104 acre feet, or that would otherwise impact CFX’s or its successors in interest’s ability to operate the limited access highway on the remaining portions of the East Property.

In the event the Owners fail to provide a Repurchase Notice within the Repurchase Period, the Use Restriction shall automatically expire and shall be of no further force and effect. In such event, at no cost or expense to the Owners, the Owners shall cooperate and work in good faith with CFX or its successors in interest, to modify any existing development orders, planned developments, or other governmental approvals to enable the use of the East Property for uses other

than the Permitted Use and Ancillary Facilities (the “Land Use Changes”) provided that such Land Use Changes do not have an Adverse Impact (as defined herein) on any Owners or any of their successors in title or any of their affiliates or on adjacent real property owned by them. As used herein, the term “Adverse Impact” shall mean any consequence directly attributable to any Land Use Changes which consequence is materially adverse to the development, to the use, or to the cost of development or use, of any of the properties or improvements (existing or proposed) owned by Owners (or any one of them) or their successors in title or affiliates lying within one (1) mile of the boundary of the Lake Nona Planned Development and Sunbridge Planned Development (the “Adjacent Lands”), or to the entitlements, mitigation, capacity and/or vested rights under any land use approvals for the Adjacent Lands.

Subsequent to the expiration of the Use Restriction, in the event CFX or its successors in interest receive a bona fide offer from a third-party buyer for the purchase of the East Property, or any portion thereof, and if CFX or its successors in interest desires to accept said offer, CFX or its successors in interest shall cause said offer to be reduced to writing and shall deliver a complete and accurate copy of the bona fide third party offer to Owners, together with CFX’s or its successors in interests’ intent to accept the same (“Offer Notice”). The Owners shall have the right, but not the obligation, to repurchase that portion of the East Property identified in the Offer Notice, together with any appurtenant Easements (or the applicable portion thereof), upon the terms and at the price set forth in the Offer Notice (“ROFR”). The ROFR shall only be applicable to that Owner who is the predecessor in title to that portion of the East Property identified in the Offer Notice. The Owners shall have thirty (30) days from receipt of the Offer Notice to notify CFX or its successors in interest of Owners’ intent to purchase that portion of the East Property identified in the Offer Notice. If all of the applicable Owners do not timely accept the Offer Notice, as-is and without modification, CFX or its successors in interest may proceed to sell the East Property and appurtenant Easements (or the applicable portion thereof) to the third-party buyer making the offer, and upon the closing of such sale, the Owners’ ROFR set forth herein (as to the portions of the East Property contained in the Offer Notice) shall automatically extinguish and expire and shall be of no further force and effect as to any subsequent transfers of that portion of the East Property contained in the Offer Notice. If some but not all of the applicable Owners do not timely accept the Offer Notice, as-is and without modification, CFX or its successors in interest shall then be required to send a second 30-day notice to those Owner(s) who have accepted the Offer Notice providing them with an option to accept the Offer Notice on those portions of the East Property that were rejected by the other applicable Owners, and to the extent the Offer Notice is not accepted as to all of the East Property contained therein by such Owners, CFX or its successors in interest may proceed to sell the East Property and appurtenant Easements (or the applicable portion thereof) to the third- party buyer making the offer, and upon the closing of such sale, the Owners’ ROFR set forth herein (as to the portions of the East Property contained in the Offer Notice) shall automatically extinguish and expire and shall be of no further force and effect as to any subsequent transfers of that portion of the East Property contained in the Offer Notice. In the event Owners accept the terms of the Offer Notice, Owners and CFX or its successors in interest shall proceed under a contract formed pursuant to the terms of the Offer Notice. With respect to any portion of the East Property, this ROFR shall only be effective as to the first transfer by CFX of the portion of the East Property that occurs subsequent to the expiration of the Use Restriction and will continue in effect with respect to all other portions until the first transfer thereof by CFX. In the event an Owner accepts the terms of the Offer Notice and acquires the East Property (or a portion thereof), unless the Owner expressly agrees otherwise, title for the East Property (or applicable portion) shall vest in the Owner free and

clear of and unburdened by any matter to which the title was made subject after the original conveyance thereof by Owners, all of such matters being subordinate and subject to the ROFR.

Notwithstanding anything contained herein to the contrary, if the East Segment Completion Deadline is extended due to a Force Majeure Event, then the Term of the Use Restrictions shall automatically be extended for an equal period of time.”

Each Owner shall have the right from time to time, at such Owner’s expense and as to such Owner’s respective portion of the East Property, to install and maintain utility crossings perpendicular to the SR 417 right-of-way or Osceola Parkway Extension right-of-way in locations and configurations subject to CFX's prior written approval, not to be unreasonably withheld, conditioned or delayed, and pursuant to CFX's then standard right-of-way permits and procedures for utility crossings. The Owners’ rights under this subsection shall survive Closing in Escrow and the release of the Closing Deliveries from escrow and be referenced in the Deeds.

The terms of this Section 12 shall survive Closing in Escrow and release of the Closing Deliveries from escrow and shall be incorporated in the Deeds and easements agreements granting the SLR Easements.

Construction Contingencies and Right to Repurchase.

Requirement to Design and Construct the Project. In the essence of time, no later than three (3) months from the later of (i) Closing in Escrow or (ii) satisfaction of all of the post closing conditions set forth in any post closing agreement for the West Property (“Deadline to Advertise”), CFX shall proceed with the advertisement for design of the first segment of the Project starting from SR 417 (including the Lake Nona Revised Interchange which shall be designed and constructed in order to accommodate the Ultimate Local Interchange) on the westerly end through to the easterly terminus approximately at the easterly right-of-way of Narcoossee Road (as depicted on Exhibit “E-1” and referred to herein as the “West Segment”). The Owners understand and acknowledge that CFX shall have the right to advertise for the design of the West Segment in one or more advertisements or phases, provided; however, in the event of multiple advertisements or phases, the first advertisement shall occur no later than the Deadline to Advertise. The Owners understand and acknowledge that CFX will advertise for the design of the second segment starting at the easterly right-of-way of Narcoossee Road on the westerly end through to the easterly terminus approximately at the easterly extension of Cyrils Drive (as depicted on Exhibit “E-2” and referred to herein as the “East Segment”) within six (6) months of the satisfaction of the Construction Contingencies (hereinafter defined). Upon completion of design of the East Segment, CFX shall use good faith and diligent efforts to commence construction. Once construction has commenced, CFX shall use good faith and diligent efforts to complete construction of the East Segment no later than ten (10) years from the satisfaction (or waiver by CFX) of the Construction Contingencies, unless such deadline is otherwise mutually extended by the Parties hereto in writing (“East Segment Completion Deadline”).

Construction Contingencies. Concurrent with the Closing in Escrow, Owners and CFX shall deliver to the Escrow Agent all closing documents and funds reasonably required by the Title Company to convey to CFX fee simple title to the East Property and the easement interests in the SLR Easement Areas, subject to the Use Restriction, and otherwise in

accordance with this Agreement, as amended (which documents and funds are collectively referred to herein as the “Closing Deliveries”). The Parties agree to direct the Escrow Agent to hold the Closing Deliveries in escrow in accordance with the terms and conditions of an escrow agreement in substantially the form set forth in Exhibit “F” attached hereto and incorporated herein by reference (“Escrow Agreement”). The Escrow Agreement shall prescribe that release of the Closing Deliveries and recording of the Deeds are expressly contingent on satisfaction on or before ten (10) years after the Closing in Escrow (the “Construction Contingencies Deadline”), unless mutually extended or waived by CFX in accordance with the terms hereof, of the following conditions, in addition to such other conditions and requirements as are prescribed in the Escrow Agreement (collectively referred to as the “Construction Contingencies”):

CFX's having secured from all applicable governmental authorities all Final Approvals (as defined herein) for any and all Permits and other authorizations for constructing and operating the East Segment of the Project Alignment including, without limitation, the County, Orange County, Florida, Florida Communities Trust, Florida Fish and Wildlife Commission and Florida Department of Environmental Protection. “Final Approvals” shall mean the issuance by all applicable governmental authorities for constructing and operating the East Segment within the Project Alignment, which approvals are either (1) affirmed on administrative and judicial review by final order of judgment for which no appeal is or can be taken in accordance with applicable Law, or (2) in effect beyond the period of limitations for administrative and judicial review in accordance with applicable Law, during which period no action or other proceeding is instituted for review or challenge thereof.

Final resolution of any challenges and appeals brought against those Permits or the designation of the East Segment of the Project Alignment for the Project;

CFX shall have completed the design of the West Segment of the Project, shall notify Owners it is prepared to advertise for the construction of the West Segment of the Project, and shall notify Owners it is prepared to advertise for the design of the East Segment of the Project;

Reimbursement by the Florida Department of Transportation (“FDOT”) to the County for the purchase of the West Property and Tavistock Easements in the amount set forth in, and in accordance with the terms and conditions of, the Amendment to Joint Participation Agreement between the State of Florida Department of Transportation and Osceola County dated March 16, 2018 (“JPA”). If FDOT provides written notice at any time prior to the Construction Contingencies Deadline, as defined in the West Property ROW Agreement, that it will not fund the reimbursement of the purchase price for the West Property in accordance with the terms and conditions of the JPA, then this contingency shall be deemed unsatisfied. Notwithstanding the foregoing, CFX may, in its sole and absolute discretion, elect to waive this condition.

CFX shall have secured any and all property rights reasonably required for the construction of the Project after using good faith and diligent efforts, which efforts shall include, without limitation, the exercise of CFX’s power of eminent domain if deemed reasonably necessary in the sole discretion of the governing board of CFX.

The East Property and SLR Easements Areas, and the design, engineering, and construction of the Project, have not been materially, adversely impacted by a Force Majeure Event (as defined herein).

Satisfaction of any and all Post Closing Conditions set forth in any Post Closing Agreement or Escrow Agreement entered into by the Parties.

Any and all Conditions to Closing have been satisfied and shall be satisfied, true and correct, as of the Release Date in all material respects.

Adequate funding and/or financing is available to complete the East Segment as then planned and approved.

Any and all Construction Contingencies set forth in the West Segment Roadway Agreement have been satisfied.

Release of the Conservation Lands deeds and other documents from escrow after satisfaction of the Construction Contingencies (i) through (x) above and of all Conservation Lands Contingencies set forth in the Conservation Lands Agreement.

Extension of Construction Contingencies Deadline.

CFX’s Right to Extend. If, prior to the Construction Contingencies Deadline, CFX determines, after good faith and diligent efforts, there is a lack of available funds or financing to complete the East Segment as planned and approved, CFX shall have the right upon written notice to the Owners to extend the Construction Contingencies Deadline for two (2) periods of up to twelve (12) months each to enable CFX to secure such additional funds or financing needed. Further, CFX covenants and agrees: (x) to provide prompt written notice to Owners upon becoming aware of any funding or financing deficit and specifying the amount of said deficit, (y) to use commercially reasonable efforts to mitigate the effect of any funding or financing deficit, and (z) to continue to perform its other obligations hereunder.

Owner’s Right to Extend. If despite the Parties’ good faith and diligent efforts the Construction Contingencies are not satisfied ninety (90) days prior to the Construction Contingencies Deadline for any reason, the Owners shall have the unanimous, one- time right upon written notice to CFX to extend the Construction Contingencies Deadline up to, but not more than, sixty (60) months to a date that is mutually agreeable to CFX and Owners. If the Parties are unable to mutually agree upon the duration of the extension, the Construction Contingencies Deadline shall extend for sixty (60) months.

Effect of Extension. In the event the Construction Contingency Deadline is extended pursuant to subpart (i) or (ii) above, the Term of the Use Restriction shall be extended for an equal period of time.

Release of Closing Deliveries. In the event any of the Construction Contingencies in Section 13.b.(i) through (xi) is not satisfied on or before the Construction Contingencies Deadline, as it may have been extended pursuant to subpart c. above, then the Escrow

Agent shall be authorized to release, return or destroy, as applicable, the Closing Deliveries in accordance with the terms and conditions set forth in the Escrow Agreement.

Waiver of Construction Contingencies. CFX has the right subject to Owners’ mutual agreement, which shall not be unreasonably withheld, conditioned, or delayed to elect to waive one or more of the Construction Contingencies by providing written notice to the Owners and Escrow Agent of CFX’s waiver of such Construction Contingencies. In the event CFX elects with Owners’ consent to waive a Construction Contingency in accordance with this Section, CFX shall be required to concurrently waive the corresponding Conservation Lands Contingencies and release the Conservation Lands from escrow pursuant to, and as defined in, the Conservation Lands Agreement and escrow agreement entered into pursuant thereto. Notwithstanding the foregoing, in no event shall the East Property and SLR Easements or the Conservation Lands be released from escrow if any of the Construction Contingencies is not satisfied or waived as provided herein, or if any of the Conservation Lands Contingencies or Additional Contingencies prescribed in the Conservation Lands Agreement has not been satisfied or waived as provided herein.
No Further Encumbrances. From and after the Closing in Escrow until the later of (a) the expiration of the Construction Contingencies Deadline or the satisfaction of the Construction Contingencies whichever occurs first, or (b) the Release Date, Owners shall:

keep and maintain the East Property in substantially in the condition it is in on the Escrow Date and will comply with and abide by all Laws and Permitted Exceptions affecting the East Property or its use.

(b)	cause no waste or material alterations of the East Property.	
(c)	pay all taxes and assessments relative to the East Property prior to the	
due date thereof.		
(d)	shall not offer to sell, transfer, donate, or lease any of the East	
Property, or any interest therein or claim thereto, to any other person or entity or enter into any verbal or written agreement, understanding, or contract relating to the sale, lease or conveyance of any of the East Property or any interest therein.

(e)  shall not encumber the East Property (or any portion thereof) in any manner except in accordance with the Use Restriction, except as mutually agreed upon by the Parties in writing.

Incorporation into the Deeds. The terms of this Section 13 shall survive Closing in Escrow and release of the Closing Deliveries from escrow and shall be incorporated into the Deeds and the easements agreements granting the SLR Easements by reference hereto.

Commercially Reasonable Diligence. CFX shall in good faith employ commercially reasonable diligence to satisfy the Construction Contingencies on or before the Construction Contingencies Deadline.

Easements.

TCE Easements. At or prior to Closing in Escrow, unless otherwise incorporated into a Post Closing Agreement, as part of the Project, CFPH600, or their successors- in-title shall grant to CFX one or more temporary construction and access easements (collectively, the “TCE Easements”) over, upon, across, and through the TCE Easement Areas for the purpose of constructing the roadway portion of the Project and for constructing and excavating the offsite ponds serving the Project. The grant of the TCE Easements shall grant CFX the privilege, but not the obligation, at the sole risk of CFX, to enter upon the TCE Easement Areas for the purpose of constructing and installing the improvements, facilities and structures necessary for the operation of the Project, staging and storing materials, equipment and tools, locating a construction trailer, and parking, together with all incidental rights reasonably necessary for the use and enjoyment of the TCE Easements for its intended purposes. The right to use the TCE Easements may be extended by CFX to its customers, employees, and contractors. The form, manner, and content and location of the easement agreements for the TCE Easements shall be mutually agreed upon by the Parties no later than five (5) business days prior to the Closing in Escrow. The TCE Easements shall terminate upon the completion of the construction and/or excavation specified in the applicable TCE Easement agreements. The foregoing obligation shall expressly survive Closing in Escrow and release of the Closing Deliveries from escrow for a period of ten (10) years from the Release Date.

Air Rights Easement. CFPH600 is the fee simple owner of the Air Rights Easement Areas. At or prior to the Closing in Escrow, unless otherwise incorporated into a post- closing agreement, as part of the Project, CFPH600 shall grant in favor of CFX for the benefit of the Project perpetual non-exclusive air rights easements (the “Air Rights Easement(s)”) over the Air Rights Easement Areas for the purposes stated below. The form, manner, content, and location of the Air Rights Easement(s) shall be mutually agreed upon by the Parties no later than five (5) business days prior to the Closing in Escrow. The grant of the Air Rights Easements shall grant CFX the privilege to enter upon the Air Rights Easement Areas for the purposes of designing, constructing, maintaining, operating and repairing the improvements and facilities for the Project, together with all incidental rights reasonably necessary for the use and enjoyment of the Air Rights Easement for its intended purposes. CFX shall maintain, at its sole cost and expense, the Air Rights Easements and the improvements constructed therein by CFX in good order and condition and will comply with and abide by all Laws and Permits affecting the Air Rights Easement Areas. The rights, duties and obligations of CFPH600 and CFX under this Section 14.b shall survive Closing in Escrow and release of the Closing Deliveries from escrow for a period of ten (10) years from the Release Date. The easement agreements granting the SLR Easements shall run with title to the SLR Easement Areas. CFPH600 and CFX shall have the right to enforce this Section 14.b by specific performance. Owners shall coordinate directly with the County for the grant to CFX of any air rights easements necessary for the Project over and upon any real property owned by the County.

Drainage Easement. CFPH600 is the fee simple owner of Parcel 534-341 as more particularly described in Exhibit “G” attached hereto and incorporated herein by reference (the “Drainage Area”). At or prior to the Closing in Escrow, CFX shall grant in favor of CFPH600 a perpetual, non-exclusive drainage easement for conveyance of stormwater benefiting CFPH600’s adjacent lands (the “Drainage Easement”). CFPH600 shall design, engineer, permit and construct the drainage facilities within the Drainage Area to accommodate the stormwater needs of CFPH600’s adjacent lands. CFX shall use commercially reasonable diligence to design and engineer the drainage system for the Project to minimize the impacts to the drainage facilities within

the Drainage Area; provided; however, in the event CFX is required to relocate or incur any costs or expenses to design, engineer, permit, construct or relocate the Drainage Area or improvements constructed therein that are required to accommodate the needs of CFPH600’s adjacent lands, CFPH600 shall be responsible for reimbursing CFX for any such costs and expenses within thirty
(30) days of written notice to CFPH600 of any such costs or expenses. The form and content of the easement agreement for the Drainage Area shall be mutually agreed upon by CFPH600 and CFX no later than five (5) business days prior to the Closing in Escrow.

Approval of Owners’ and CFX’s Boards. Notwithstanding any apparently conflicting provision of this Agreement, although local or regional representatives of the Owners may have executed this Agreement, such execution shall be conditional and shall not bind Owners hereto until the Owners' governing board or body (“Owners' Board”) in its sole discretion shall have ratified and approved this Agreement. If the Owners’ Board ratifies this Agreement, the Owners shall notify CFX in writing within ten (10) days after the Board meeting at which this Agreement was ratified, whereupon this Agreement shall be binding on the Owners in accordance with the terms hereof. Provided this Agreement is timely ratified by the Owners' Board, this Agreement shall continue in full force and effect, subject to the terms and provisions hereof. In the event the Owners’ Board shall fail to ratify this Agreement within thirty (30) days after the Effective Date, this Agreement shall be deemed rejected by the Owners’ Board. No later than thirty (30) days after receipt of written confirmation of the Owners’ Board approvals and ratifications of this Agreement, CFX shall present the Agreement for approval by the CFX Board and shall notify the Owners in writing within ten (10) days after the Board meeting at which this Agreement was approved, whereupon this Agreement shall be binding upon all Parties. If this Agreement is rejected or deemed rejected by the Owners’ Board or the CFX Board, this Agreement shall automatically be null and void and of no further force or effect and the Parties shall be released from all further obligations and liabilities hereunder.

Maintenance of Property. From and after the Effective Date and until the Release Date in accordance with the terms and conditions of the Escrow Agreement, the Owners will comply with and abide by all Laws affecting the East Property and its use thereof and will cause no waste or material alterations of the East Property, and the Owners will pay all taxes and assessments levied against the East Property prior to the due date thereof. From and after the Effective Date until the Release Date, the Owners shall not offer to sell or donate the East Property to any other person or entity or enter into any verbal or written agreement, understanding, or contract relating to the sale or conveyance of the East Property or any interest therein.

Temporary Trails; Existing Licenses and Lease. A portion of the East Property is subject to the following licenses and lease (collectively, the “Trail Licenses”) for the construction, use, operation and maintenance of temporary public trails and related facilities for hiking, cycling and other recreation purposes over, upon across and through certain portions of the East Property:

Unrecorded Lease Agreement dated March 1, 2021 by and between Central Florida Property Holdings 600, LLC, a Florida limited liability company, as landlord, and Sunbridge Marketing, LLC, a Florida limited liability company, as tenant.

Unrecorded Limited License Agreement dated March 1, 2021 by and between Central Florida Property Holdings 600, LLC, a Florida limited liability company, as licensor, and Sunbridge Marketing, LLC, a Florida limited liability company, as licensee.

Unrecorded Temporary Construction License Agreement (Nature Loop A, Nature Loop B, and Connector Trail) dated March 1, 2021 by and between Central Florida Property Holdings 600, LLC, a Florida limited liability company, as licensor, and Tavistock East Services, LLC, a Florida limited liability company, as licensee.

Unrecorded Temporary License Agreement dated March 1, 2021 by and among Central Florida Property Holdings 500, LLC, a Florida limited liability company, Central Florida Property Holdings 600, LLC, a Florida limited liability company, collectively, as licensor, and Tavistock East Services, LLC, a Florida limited liability company, as licensee.

Prior to the Effective Date, the Owners have provided written copies of the Trail Licenses to CFX, which Trail Licenses include a provision that the Trail Licenses can be terminated (without incurring cost to CFX, or CFX’s successor in interest or assign) by providing at least ninety (90) days prior written notice but in no event later than the date CFX provides written notice to the Owners of its intent to proceed with the advertisement for the construction of the Extension. Upon such termination, the East Property encumbered by the Trail Licenses shall be restored to the original condition existing prior to the Trail Licenses at no cost or expense to CFX or CFX’s successor in interest or assign, unless otherwise agreed upon in writing by CFX, or CFX’s successor in interest or assign. At or prior to Closing in Escrow, the Owners shall provide signage on areas encumbered by the Trail Licenses and record a notice in the public records of Orange County, Florida and Osceola County, Florida against the real properties owned by SLR or Tavistock, or any affiliated entity of SLR or Tavistock, adjacent to the portions of the Property encumbered by the Trail Licenses or otherwise adjacent to the Project east of Narcoossee Road adequately notifying all future property owners and users of the temporary nature of the trails set forth in the Trail Licenses and the requirement of the Owners to remove any and all trail improvements, upon ninety
(90) days prior written notice, and to restrict future use of the trails (collectively, the “Notice of Temporary Licenses”). The Owners shall not take any action to terminate or rescind the Notice of Temporary Licenses without the express written consent of CFX. The form, manner, and content of the Notice of Temporary Licenses shall be mutually agreed upon by the Parties no later than five
business days prior to the Closing in Escrow. The rights, duties and obligations of the Owners and CFX under this Section 17 shall survive Closing in Escrow and release of the Closing Deliveries from escrow.

Warranties and Representations of Owners. To induce the CFX to enter into this Agreement and to purchase the East Property, in addition to the other representations and warranties set forth herein, each Owner makes the following representations and warranties, as of the Effective Date and with respect to the Owner’s respective portion of the East Property, each of which is material and is being relied upon by the CFX and shall survive Closing in Escrow and release of the Closing Deliveries from escrow:

Each Owner warrants and represents that there are no actions, suits or proceedings of any kind or nature whatsoever, legal or equitable, affecting or relating to its portion of the East Property, or any portion thereof, or relating to or arising out of the ownership of its portion of the East Property, in any court or before or by any federal, state, CFX or municipal department, commission, board, bureau, or agency or other governmental instrumentality, unless such action has been commenced by CFX.

Each Owner warrants and represents that it has the full right, power, and authority to enter into and deliver this Agreement and to consummate the purchase and sale of the East Property in accordance herewith and to perform all covenants and agreements of such Owner hereunder.

Except as addressed elsewhere in this Agreement and as may be set forth in the Environmental Studies, each Owner warrants and represents that it has no knowledge of any Hazardous Substances, pollutants, contaminants, petroleum products or by-products, asbestos or other substances, whether hazardous or not, on or beneath the surface of its portion of the East Property, which Owner or any other person or entity has placed or caused or allowed to be placed upon its portion of the East Property, and which have caused or which may cause any investigation by any agency or instrumentality of government, which are or may be on its portion of the East Property in violation of any law or regulation of any local, state or federal government or which are or may be a nuisance or health threat to occupants of its portion of the East Property or other residents of the area.

Each Owner warrants and represents that, other than Owner, no person, firm, or other legal entity other than the CFX has any right or option whatsoever to acquire such Owner’s portion of the East Property or any portion thereof or any interest therein.

Each Owner warrants and represents that the execution and delivery of this Agreement and the consummation of the transaction contemplated herein shall not and do not constitute a violation or breach by Owner of any provision of any agreement or other instrument to which Owners is a party or to which Owner may be subject although not a party, nor result in or constitute a violation or breach of any judgment, order, writ, injunction, or decree issued against Owner.

In the event that material changes occur before Closing in Escrow or at any time prior to the Release Date, as to any information, documents, or exhibits referred to in the subparagraphs of this Section, or in any other part of this Agreement, of which Owners has knowledge, Owners will immediately disclose same to the CFX when such knowledge is first available to Owners; and in the event of any change which may be deemed by the CFX to be materially adverse to the Intended Use (as defined herein), the CFX may, at its election, terminate this Agreement if within 120 days after receipt of notice of termination from CFX Owners are unable to remedy the adverse consequences of the change.

All representations and warranties made herein are based on the actual, present knowledge (without duty of investigation or inquiry and without any personal liability hereunder) of David Cannon on behalf of SLR (the “Named Representative”). Neither the actual, present conscious

knowledge of any other individual or entity, nor the constructive knowledge of the Named Representative or of any other individual or entity, shall be imputed to the Named Representative.

Acceptance AS-IS and Release. Except as expressly set forth in this Agreement to the contrary, CFX is expressly purchasing the East Property and SLR Easements in their existing condition “AS-IS, WHERE-IS, AND WITH ALL FAULTS” with respect to all facts, circumstances, conditions, and defects, and, Owners have no obligation to determine or correct, or to compensate CFX for, any such facts, circumstances, conditions, or defects. The Owners have specifically bargained for the assumption by CFX of all responsibility thoroughly to investigate the East Property and the SLR Easement Areas, and laws and regulations applicable thereto, and all risk of adverse conditions. CFX is and will be relying strictly and solely upon its inspections and examinations and the advice and counsel of its own consultants, agents, legal counsel, and officers. CFX assumes the full risk of any loss or damage occasioned by any fact, circumstance, condition, or defect pertaining to the East Property or to the SLR Easement Areas, and hereby releases the Owners from, and disclaims any claims relating to, conditions on or facts or circumstances affecting, the East Property or the SLR Easement Areas that are not addressed in express warranties and representations of this Agreement. Except as expressly set forth in this Agreement to the contrary, the Owners disclaim all warranties of any kind or nature whatsoever (including, without limitation, warranties of fitness for particular purposes), whether expressed or implied including, without limitation, warranties with respect to the East Property and to the SLR Easement Areas. Except as is expressly set forth in this Agreement to the contrary, CFX acknowledges that it is not relying on any representation of any kind or nature made by the Owners or any of the Owners' direct or indirect members, partners, shareholders, officers, directors, employees, or agents with respect to the East Property or to the SLR Easement Areas, and that, in fact, except as expressly set forth in this Agreement to the contrary, no such representations were made.

Defaults.

Owners Default. In the event that: (i) Owners’ representations and warranties contained herein are not true and correct, or (ii) Owners fail to perform any of its covenants and agreements contained herein within the time performance specified herein; CFX may exercise the following rights and remedies: (i) CFX shall have the right to terminate this Agreement, in which event the obligations of the Parties under this Agreement shall be terminated (other than obligations which, by the terms of this Agreement, expressly survive the termination of the Agreement) and this Agreement shall be null and void; or (ii) pursue an action for specific performance of this Agreement against the Owners (CFX acknowledges it has waived any right to pursue an action for damages against the Owners, in the event of a default by the Owners); provided, however, that nothing contained in this subsection shall limit or prevent CFX from exercising its power of eminent domain to acquire, by condemnation, title to the East Property.

CFX Default. In the event CFX fails to comply with or perform any of the conditions to be complied with or any of the covenants, agreements, or obligations to be performed by CFX under the terms and provisions of this Agreement, the Owners shall be entitled to (i) exercise any and all rights and remedies available to it at law and in equity, including without limitation, the right of specific performance; or (ii) terminate this Agreement. The Owners hereby waive and release any right to pursue an action for any special, indirect, consequential or punitive

damages against CFX. Notwithstanding the foregoing, the Owners shall have the right to enforce CFX's express covenants in this Agreement to indemnify, defend, or hold harmless the Owners. Upon any such termination, this Agreement and all rights and obligations created hereunder shall be deemed null and void and of no further force or effect. Nothing contained herein shall be deemed a waiver of sovereign immunity beyond the limits set forth in Section 768.28, Florida Statutes. Further, nothing contained herein shall be deemed a waiver of any of Owners’ rights or remedies in the event CFX or another authority pursues an action in eminent domain against the East Property or any portion thereof. The foregoing provision shall expressly survive the Closing in Escrow and release of the Closing Deliveries from escrow.

Notices. Any notices which may be permitted or required hereunder shall be in writing and shall be deemed to have been duly given as of the date and time the same are personally delivered, transmitted electronically (i.e., by telecopier device or by email) or within three (3) days after depositing with the United States Postal Service, postage prepaid by registered or certified mail, return receipt requested, or within one (1) day after depositing with Federal Express or other overnight delivery service from which a receipt may be obtained, and addressed as follows:

CFX:	CENTRAL FLORIDA EXPRESSWAY AUTHORITY
4974 ORL Tower Road Orlando, Florida 32807 Attn: Executive Director Telephone: ( 407) 690-5000
Email: Laura.Kelley@cfxway.com

With a copy to:	CENTRAL FLORIDA EXPRESSWAY AUTHORITY
4974 ORL Tower Road Orlando, Florida 32807 Attn: General Counsel Telephone: ( 407) 690-5000
Email: Woody.Rodriguez@cfxway.com

CFPH500/600:	SUBURBAN LAND RESERVE, INC.
51 South Main Street, Suite 301 Salt Lake City, Utah 84111 Attn: David Cannon Telephone: (801) 321-7569 Email: djc@slreserve.com

With copies to:	KIRTON MCCONKIE
50 East South Temple Suite 400
Salt Lake City, UT 84111
Attn: Robert Hyde and Loyal Hulme Telephone: (801) 323-5913
Email: rhyde@kmclaw.com and lhulme@kmclaw.com

BURR & FORMAN LLP

200 S. Orange Avenue, Suite 800
Orlando, Florida 32801 Attn: James R. Pratt, Esq. Telephone: ( 407) 540-6655 Email: jpratt@burr.com

SHN:	SPRINGHEAD NORTH, LLC
6900 Tavistock Lakes Blvd., Suite 200
Orlando, Florida 32827
Attn: James L. Zboril, Vice President Telephone: (407) 816-6598
Email: jzboril@tavistock.com

With copies to:	SPRINGHEAD NORTH, LLC
6900 Tavistock Lakes Blvd., Suite 200
Orlando, Florida 32827
Attn: Nicholas F. Beucher, III, President Telephone: (352) 408-3570
Email: nbeucher@tavistock.com

SPRINGHEAD NORTH, LLC
6900 Tavistock Lakes Blvd., Suite 200
Orlando, Florida 32827 Attn: Michelle Rencoret,
Vice President & General Counsel Telephone: (407) 816-6682 Email: mrencoret@tavistock.com

HOLLAND & KNIGHT LLP
200 South Orange Avenue, Suite 2600
Orlando, Florida 32801 Attn: Sara Bernard, Esq. Telephone: ( 407) 244-5162
Email: sara.bernard@hklaw.com

or to such other address as any Party hereto shall from time to time designate to the other Party by notice in writing as herein provided. Notice given by or to the attorney representing a Party under this Agreement shall be deemed to have been duly given in accordance with this Section by or to the applicable Party. The Executive Director of CFX or General Counsel of CFX shall be authorized to issue any notices and provide any and all consents or agreements as required hereunder.

CDD Exemption. The Parties acknowledge and agree that the East Property lies within the boundaries of the Sunbridge Stewardship District, a local unit of special-purpose government established pursuant to Chapter 2017-220, Laws of Florida (the “ISD”). The ISD or

any other independent special district or community development district having jurisdiction over the Property (or any portion thereof) are collectively referred to herein as the “CDD”.

The ISD is an independent special district and community development district, respectively, established pursuant to the provisions of Chapter 190, Florida Statutes, for the purpose of planning, designing, financing, constructing, installing, operating, and/or maintaining certain infrastructure, including water management systems, transportation and roadway improvements, landscaping, drainage facilities, potable water and sanitary sewer facilities, wetland mitigation, recreation and other infrastructure improvements lying within or outside the boundaries of the applicable CDD, with the right to levy assessments in accordance with Sections 190.021 and 190.022, Florida Statutes (whether collected by Osceola County or Orange County, whichever is applicable, as part of its tax rolls or by the CDD directly). Prior to Closing in Escrow, Owners shall, at Owners’ cost and expense, cause the applicable CDD to adopt an amendment to the applicable CDD’s assessment methodology or to issue an estoppel certificate to reflect that the East Property shall be exempt from the payment of assessments so long as the real property is primarily used for the right-of-way purposes prescribed in the Deed (the “CDD Exemption”).

Limited Access. Owners hereby agree, acknowledge, and understand that the Extension is anticipated to be a limited access right-of-way, and as such, CFX has the right, at any time, to record and establish the limited access lines on and along real property owned by CFX for the Extension adjacent to any other real property owned or retained by the Owners located adjacent to the Extension. Each of the Owners waives and disclaims any claim against the other Parties, in law or in equity, based upon the establishment of limited access lines for the Extension. In no event shall CFX be liable for any claims or damages based on the establishment of the limited access lines, including, without limitation, any monetary, incidental, special, exemplary, or consequential damages. The provisions of this Section shall survive the Closing in Escrow and release of the Closing Deliveries from escrow. The Owners have read and understand the provisions of this Section.

General Provisions. No failure of any Party to exercise any power given hereunder or to insist upon strict compliance with any obligation specified herein, and no custom or practice at variance with the terms hereof, shall constitute a waiver of the Party’s right to demand exact compliance with the terms hereof. Nothing in this Agreement shall be deemed to create any joint and several liability of any of the Owners. This Agreement contains the entire agreement of the Parties hereto, and no representations, inducements, promises or agreements, oral or otherwise, between the Parties not embodied herein shall be of any force or effect. Any amendment to this Agreement shall not be binding upon any of the Parties hereto unless such amendment is in writing and executed by the Owners and CFX. The provisions of this Agreement shall inure to the benefit of and be binding upon the Parties hereto and their respective heirs, administrators, executors, personal representatives, successors and assigns. Time is of the essence of this Agreement. Wherever under the terms and provisions of this Agreement the time for performance falls upon a Saturday, Sunday, or Legal Holiday, such time for performance shall be extended to the next Business Day (hereinafter defined). This Agreement may be executed in multiple counterparts, each of which shall constitute an original, but all of which taken together shall constitute one and the same agreement. The headings inserted at the beginning of each paragraph of this Agreement are for convenience only, and do not add to or subtract from the meaning of the contents of each paragraph. The Owners and CFX do hereby covenant and agree that such documents as may be

legally necessary or otherwise appropriate to carry out the terms of this Agreement shall be executed and delivered by each party at Closing in Escrow. This Agreement shall be interpreted under the laws of the State of Florida. The Parties hereto agree that the exclusive venue for any legal action authorized hereunder shall be in the courts of Osceola County, Florida. TIME IS OF THE ESSENCE OF THIS AGREEMENT AND EACH AND EVERY PROVISION HEREOF.

Owners. No Party hereunder shall be liable under this Agreement except for the application of this Agreement to the portions of the Property that such Party either owns or has the legal right to acquire but shall be binding upon their successors and assigns. Further, no Party shall be jointly and severally liable under this Agreement.

Survival of Provisions. Other than as specified to the contrary herein, all covenants, representations and warranties set forth in this Agreement shall survive the Closing in Escrow and release of the Closing Deliveries from escrow and shall survive the execution or delivery of any and all deeds and other documents at any time executed or delivered under, pursuant to or by reason of this Agreement, and shall survive the payment of all monies made under, pursuant to or by reason of this Agreement.

Severability. This Agreement is intended to be performed in accordance with, and only to the extent permitted by, all applicable laws, ordinances, rules and regulations. If any provision of this Agreement or the application thereof to any person or circumstance shall, for any reason and to any extent, be invalid or unenforceable, the remainder of this Agreement and the application of such provision to other persons or circumstances shall not be affected thereby but rather shall be enforced to the greatest extent permitted by law.

Attorneys’ Fees. Subject to the limitations set forth in Section 768.28, Florida Statutes, in the event of any dispute hereunder or of any action to interpret or enforce this Agreement, any provision hereof or any matter arising herefrom, the predominantly prevailing party shall be entitled to recover its reasonable costs, fees and expenses, including, but not limited to, witness fees, expert fees, consultant fees, attorney (in-house and outside counsel), paralegal and legal assistant fees, costs and expenses and other professional fees, costs and expenses whether suit be brought or not, and whether in settlement, in any declaratory action, in mediation, arbitration or bankruptcy, at trial or on appeal.

Waiver of Jury Trial. OWNERS AND CFX VOLUNTARILY WAIVE A TRIAL BY JURY IN ANY LITIGATION OR ACTION ARISING FROM THIS AGREEMENT.

Radon Gas. Radon is naturally occurring radioactive gas that, when it has accumulated in a building in sufficient quantities, may present health risks to persons who are exposed to it over time. Levels of radon that exceed federal and state guidelines have been found in buildings in Florida. Additional information regarding radon and radon testing may be obtained from your CFX public health unit.

Effective Date. When used herein, the term “Effective Date” or the phrase “the date hereof” or “the date of this Agreement” shall mean the date as of which all Parties have signed this Agreement and their respective boards have given final approval of this Agreement.

Release of CFX. The Parties acknowledge and agree CFX intends to obtain the East Property for use in its limited-access expressway system (the “Intended Use”). By execution of this Agreement, each Owner acknowledges and agrees that as of the date of the Owners' execution and delivery of the Deeds, the Owners shall thereby remise, release, acquit, satisfy, and forever discharge CFX, of and from all, and all manner of action and actions, cause and causes of action, suits, sums of money, covenants, contracts, controversies, agreements, promises, trespasses, damages, judgments, claims and demands whatsoever, in law or in equity, which the Owners ever had, then have, or which any personal representative, successor, heir or assign of either Owners, thereafter can, shall or may have, against CFX, for, upon or by reason of any matter, cause or thing whatsoever, arising out of or in any way connected with the Owners' conveyance of the East Property to CFX or the Project, including, without limitation, any claim for loss of access, air, light or view to the Owners' remaining property, or other severance damages to Owners' remaining property, business damages, consequential damages, or any other damages, all from the beginning of the world to the day thereof, arising from or in connection with the use of the East Property for the Intended Use. A covenant shall be contained in the Deeds acknowledging the Owners' agreement to the foregoing, in which event if there is any conflict between the terms of the covenant in the Deeds and the terms of this Section, the terms of the covenant in the Deeds shall control.

Not an Offer. Notwithstanding anything to the contrary in this Agreement, in the event that the transaction under this Agreement does not close, this Agreement shall not be deemed an offer nor admissible in any subsequent eminent domain proceeding with respect to the East Property.

Indemnifications Regarding Brokers, Finders, Etc.. The Owners represent and warrant to CFX, and CFX likewise represents and warrants to the Owners, that they have neither dealt with, nor negotiated with, any broker, sales person or finder in connection with the sale of the East Property to CFX or the conveyance of any easements, licenses or any other rights expressly set forth herein, and each Party hereto agrees to indemnify and hold the other Party harmless from any and all claims, demands, causes of action or other liabilities, and all costs and expenses (including reasonable attorneys’ fees) incurred in defending against any claims arising from or pertaining to any other brokerage commission, fees, costs, or other expenses which may be claimed by any broker, sales person or entity arising out of any actions of CFX (including the indemnity obligations of CFX) or arising out of any actions of the Owners (including the indemnity obligations of the Owners).

Governing Law. This Agreement shall be construed in accordance with the laws of the State of Florida. The venue for all legal proceedings arising out of this Agreement shall be exclusively in the Circuit Court in and for Osceola County, Florida.

Waiver/Time. The waiver of any breach of any provision hereunder by CFX or the Owners shall not be deemed to be a waiver of any proceeding or subsequent breach hereunder. No failure or delay of any party in the exercise of any right given hereunder shall constitute a waiver thereof nor shall any partial exercise of any right preclude further exercise thereof. Time is of the essence in this Agreement as to all dates and time periods set forth herein. To the extent that the last day of any time period stipulated in this Agreement falls on a Saturday, Sunday, or federal holiday, the period shall run until the end of the next day which is neither a Saturday, Sunday or

federal holiday. Any time period of five (5) days or less specified herein shall not include Saturdays, Sundays or federal holidays. Where used herein, the term “Business Days” shall be those days other than Saturdays, Sundays or federal holidays.

Representation by Counsel. CFX and Owners are all represented in this transaction by counsel. This Agreement shall not be construed more or less favorably against any Party, regardless of which party may be deemed the drafter hereof.

Counterparts. This Agreement may be executed in any number of counterparts, including by digital or electronic means in accordance with Chapter 668, Florida Statutes, each of which shall be an original but all of which shall constitute one and the same Agreement. A party shall be bound by this Agreement by executing a counterpart hereof, then transmitting the executed counterpart to the other Parties via email in .pdf or similar format.

Recording. CFX agrees that he will not record, or permit to be recorded, this Agreement or any memorandum hereof; violation of this covenant by CFX shall constitute a default, and at Owners' option, this Agreement shall become null and void and all of the rights of CFX hereunder shall terminate. This Section is not intended and shall not be deemed to preclude the recordings expressly required or authorized in this Agreement.

Further Assurances. The Owners and CFX will, without additional consideration, sign, acknowledge, and deliver any other documents and take any other actions necessary or appropriate and reasonably requested by the other Party to carry out the intent and purposes of this Agreement. The Owners agree and acknowledge the final alignment of the Extension is subject to adjustment based on the design of the Extension, and as such, agree to cooperate with CFX to execute any and all documents reasonably necessary to ensure all real property that is owned by Owners and is required as part of the design for the Extension based on the Project Alignment shall be conveyed and transferred to CFX. To the extent the required acreage exceeds 141.79 acres in the aggregate of fee simple interest for the East Property and approximately 2.3 acres for the Air Rights Easements, CFX shall compensate the Owners for the additional acreage on a per acre basis as mutually agreed upon by the Owners and CFX, which amount shall be based upon the per acre appraised value of that portion of the East Property or SLR Easement Areas, as applicable, located immediately adjacent to the additional acreage with the same or similar land use and property interest as reflected in that certain appraisal report prepared by Consortium Appraisal, Inc. dated January 24, 2022.

Force Majeure. A “Force Majeure Event” shall include, without limitation, an act of God, adverse weather conditions (such as tropical storms, tornados or hurricanes), act or regulations of public authorities, legislative bodies, or labor unions, labor difficulties, strike, riot, civil commotion or tumult, terrorism, war, sabotage, theft, vandalism, fire, explosion or similar casualty, epidemic, pandemic, interruption of transportation, shipping or trade delays, or material shortages. To claim a delay caused by a Force Majeure Event, the Party affected by a Force Majeure Event shall promptly provide notice of the occurrence of a Force Majeure Event to the other party within sixty (60) days after the initial onset or occurrence of a Force Majeure Event having a distinct or manifest onset (such as severe weather, issuance of executive orders or similar orders, act of public authorities), and within such period as may be reasonably required to identify a Force Majeure Event the onset of which is not distinct or manifest (such as for example certain

shipping or trade delays or material shortages) and such notice shall provide its best estimate of the effects of the Force Majeure Event on the performance of its obligations hereunder and the time for the resumption of performance of the affected obligations. Notwithstanding the foregoing, no Party may claim a delay pursuant to this Section retroactive by more than sixty (60) days from the date of the Party’s notice of the occurrence of the Force Majeure Event. Failure to timely claim a delay caused by a Force Majeure Event shall be deemed a waiver of any delays caused by such Force Majeure Event. The affected Party shall use best efforts to mitigate the effect of the Force Majeure Event and to resume performance of affected obligations as soon as possible. The affected Party shall continue to perform its obligations hereunder not affected thereby. The Parties acknowledge and agree that delays in the performance of on-site construction due to normal rainfall shall not be considered a Force Majeure Event hereunder.

Schedules and Exhibits. The following Schedules and Exhibits referenced elsewhere in this Agreement are attached hereto and incorporated herein by reference:

a.

b.	Exhibit “A-1” Exhibit “A-2” Exhibit “A-3”
Exhibit “B-1”	CFPH500 Property CFPH600 Property SHN Property
CFPH600 TCE Easement Areas	
	Exhibit “B-2”	CFPH600 Air Rights Easement Areas	
c.

d.	Exhibit “C-1”
Exhibit “C-2” Exhibit “D”	Preferred Alignment Project Alignment
Form Beneficial Interest Affidavit	
e.

f.

g.	Exhibit “E-1” Exhibit “E-2” Exhibit “F”
Exhibit “G”	West Segment of the Project Alignment East Segment of the Project Alignment Form of Escrow Agreement
Drainage Area	

[SIGNATURES APPEAR ON THE FOLLOWING PAGES]

IN WITNESS WHEREOF, the Parties hereto have caused these presents to be executed in their respective names as of the date fo·st above written.

WITNESSES:	"OWNERS"

CENTRAL	FLORIDA	PROPERTY
HOLDINGS 500, LLC, a Florida limited liability company

Print Name: 	

Print Name:

By:	 David Caimon, Manager

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Date: :To,ny.gc'f  \  1 ZDZZ.

CENTRAL  FLORIDA  PROPERTY
HOLDINGS 600, LLC, a Florida limited liability company

By: \D	
David Cannon, Manager

Date: JO.nv..ctry  311 20"2.1.

SPRINGHEAD NORTH, LLC
a Florida limited liability company

By: 	
Printed Name:	  Title:	  Date:	

Page 33 of35

IN WITNESS WHEREOF, the Parties hereto have caused these presents to be executed in their respective names as of the date first above written.

WITNESSES:	"OWNERS"

CENTRAL	FLORIDA	PROPERTY
HOLDINGS 500, LLC, a Florida limited liability company

Print Name: 	

Print Name: 	

By: 	_
David Cannon, Manager

Date: 	

CENTRAL	FLORIDA	PROPERTY
HOLDINGS 600, LLC, a Florida limited liability company

Print Name: -----------

Print Name: 	

By:	_
David Cannon, Manager

Date: 	

SPRINGHEAD NORTH, LLC

a Florida limited liability company

Print:z	ey
Print  Name:    7.;};j'r,

By:_ L-4.. '.	­

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Page 33 of35

"CFX"

CENTRAL FLORIDA EXPRESSWAY AUTHORITY

Approved as to fom1 and legality by legal counsel to the Central Florida Expressway Authority on this 3t.i, day of	f6>	 ,
2022 for its exclusive use and reliance.

General

CONSENT AND JOINDER OF SUNBRIDGE STEWARDSHIP DISTRICT

The SUNBRIDGE STEWARDSHIP DISTRICT, a local unit of special-purpose government established pursuant to Chapter 2017-220, Laws of Florida (the "ISD"), hereby joins in and consents to this Agreement for the purpose of agreeing to the terms, conditions and obligations of the ISD to grant the Air Rights Easement over that portion of the Air Rights Easement Area owned by the ISD as set forth in Section 14.b of this Agreement.

SUNBRIDGE STEWARDSHIP
DISTRICT, a local unit of special-purpose gov	establish d	o Chapter
201	aws of

Print Name:	A:M::&'1 d4\,  L:3¥1,(

CFX Parcel No.	Parcel ID No.	Address	Total Acres	Impacted Acres	
534-341 Part C
(Partial)	
11-25-31-0000-0010-0000	Absher Rd
Saint Cloud, FL34771	342.5 +/-	34.6 +/-	
534-341 Part C
(Partial)	12-25-31-0000-0010-0000	Sun Grove Ln
Saint Cloud_, FL34771	450.2 +/-	3.6 +/-	
Central Florida Property Holdings 500 LLC Total	792.7 +/-	38.2 +/-	

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EXHIBIT "A-1"
East Property CFPH500 LLC

REVISIONS
DATE	DESCRIPTION	DATE	DESCRIPTION

Tavistock Property Right of Way Acquisition Agreement
ROAD NO.	PROJECT NO.

CENTRAL FLORIDA
EXPRESSWAY

SHEET NO.

 	

102-25-31-0000-00JO-OOOOI

CFX Parcel No.	Parcel ID No.	Address	Total Acres	Impacted Acres	
534-341 Part A
534-341 Part B
534-341 Part D
534-341 Part E
534-341 Part F
534-341 Part G	

02-25-31-0000-0010-0000	

Cyrils Dr
Saint Cloud, FL34771	

556.7 +/-	

63.7 +/·	
Central Florida Property Holdings600 Ll.C Total	556.7 +/·	63.7 +/·	

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East Property CFPH600 LLC

REVISIONS
DATE	DESCRIPTION	DATE	DESCRIPTION

Tavistock Property Right of Way Acquisition Agreement
ROAD NO.	PROJECT NO.

CENTRAL FLORIDA
EXPRESSWAY

SHEET NO.

CFX Parcel No.	Parcel ID No.	Address	Total Acres	Impacted Acres	

534-241	
33-24-31-0000-00-012	Clapp Simms Duda Rd Orlando, FL 32827	82.3 +/-	15.4 +/-	
534-331	04-25-31-4260-0001-0010	Cyrils Dr
Saint Cloud, FL 34771	105.1 +/-	24.5 +/-	
	-	Springhead North LLC Total	187.4 +/-	39.9 +/-	
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EXHIBIT "A-3"
East Property SHN LLC

DESCRIPTION

DATE

DESCRIPTION

DATE

Tavistock Property Right of Way Acquisition Agreement

ROAD NO.

CENTRAL FLORIDA

PROJECT NO.

EXPRESSWAY

SHEET NO.

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DATE	DESCRIPTION	DATE	DESCRIPTION

Tavistock Property Right of Way Acquisition Agreement
ROAD NO.	PROJECT NO.

CENTRAL FLORIDA
EXPRESSWAY

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Tavistock Property Right of Way Acquisition Agreement
ROAD NO.	PROJECT NO.

CENTRAL FLORIDA
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EXHIBIT "C-2"
Project Alignment

DATE	DESCRIPTION

REVISIONS
DATE	DESCRIPTION

Tavistock Property Right of Way Acquisition Agreement
ROAD NO.	PROJECT NO.

CENTRAL FLORIDA
EXPRESSWAY

SHEET NO.

EXHIBIT “D”
Form of Beneficial Interest Affidavit

AFFIDAVIT OF DISCLOSURE OF INTERESTS IN REAL PROPERTY

TO:

FROM:

PROPERTY:	See Exhibit “A” attached hereto and incorporated herein by this reference

This Affidavit of Disclosure of Interests in Real Property is made for the sole purpose of compliance with Section 286.23, Florida Statutes, in connection with a conveyance of the Property to CENTRAL FLORIDA EXPRESSWAY AUTHORITY, a body politic and corporate and agency of the state of Florida. Please be advised that the undersigned, after diligent search and inquiry, hereby states under oath, and subject to the penalties for perjury, that the name and address of each person having a beneficial interest in the Property is set forth on Exhibit “B” attached hereto and incorporated herein by reference.

I swear and affirm that the information furnished herein is accurate as of the date hereof, and I agree to promptly disclose any changes in the information contained herein, or any errors in such information.

This disclosure is made under oath, and I understand that I am subject to penalties for perjury for any false information contained herein.

	, a 		

By:	 Name:	 Title:	

STATE OF 	 )
COUNTY OF	)

The foregoing instrument was sworn to and subscribed before me by means of [ ] physical presence
or [ ] online notarization this	day of 	, 202_, by 	, as

	 of 	, a 	, on behalf of the
	. He is [ ] personally known to me or [ ] has produced 	 as identification (if left blank, then personally known to me).

(Signature of Notary Public) (Typed Name of Notary Public)
Notary Public, State of 	 Commission No.:	 My Commission Expires:	

1
#154580656_v1 145331.02006

EXHIBIT “D”
Form of Beneficial Interest Affidavit
EXHIBIT “A”

Legal Description

A-1

EXHIBIT “D”
Form of Beneficial Interest Affidavit
EXHIBIT “B”

Person(s) Holding a Beneficial Interest

Name:	Address:

B-1

EXHIBIT "E-1"
Detail of West Segment of Project Alignment

tg	of	ay
Acquisition
ROAD NO.
SR 534

.--..,.,-----..---- """'!ii;;nmmmlllilllllrrTI:';"'IF==;-r,:r------:-------;;-----;:---;,-- --::-::-:=:::::r:;-----;--rc;:::;;:.---------..---------------------r--------------- 01/,//1/,//1/, <'x"iiGJ P-l r,J 1111Tlr-S:::::::-77
"
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Clapp Simms Duda Rd

REVISIONS
DATE	DESCRIPTION	DATE	DESCRIPTION

I
'---1
I

	J		- --

FOREST	I

Tavistock Property Right of Way Acquisition Agreement
ROAD NO.	PROJECT NO.
SR 534

l I I I

CENTRAL FLORIDA
EXPRESSWAY AUTHORITY

I  I

: l

I I-

EXHIBIT "E-2"
Detail of East Segment of Project Alignment

SHEET NO.

EXHIBIT “F”
Form of Escrow Agreement

ESCROW AGREEMENT
(Right-of-Way Acquisitions Agreement—East Segment)
THIS ESCROW AGREEMENT (this “Agreement”), is made as of 	, 20	
among			(the	“Escrow	Agent”)	located	at
	, email 	; CENTRAL FLORIDA PROPERTY HOLDINGS 500, LLC, a Florida limited liability company (“CFPH500”), located at  51  South  Main  Street,  Suite  301,  Salt  Lake  City,  Utah  84111,  email
	; and CENTRAL FLORIDA PROPERTY HOLDINGS 600, LLC, a
Florida limited liability company (“CFPH600” and together with CFPH500 shall be referred to herein collectively as “SLR”) located at 51 South Main Street, Suite 301, Salt Lake City, Utah 84111, email 	; and SPRINGHEAD NORTH, LLC, a Florida limited liability company (“SHN”), located at 6900 Tavistock Lakes Blvd., Suite 200, Orlando, Florida 32827; and CENTRAL FLORIDA EXPRESSWAY AUTHORITY, a body politic and corporate and agency of the state, under the laws of the State of Florida (“CFX”) located at 4974 ORL Tower Road, Orlando, Florida 32807, email 	. SLR and SHN are referred to collectively below as “Owner.” Escrow Agent, Owner, and CFX are at times referred to collectively below as the “Parties”, and each individually as a “Party.”

BACKGROUND

Concurrently herewith Owner and CFX have executed and delivered the closing documents and funds (the “Closing Deliveries”) that are listed on Exhibit “A” attached hereto and prescribed by a certain Amended and Restated Right-of-Way Acquisition Agreement (East Segment) entered into by them (the “East ROW Agreement”). The East ROW Agreement is incorporated herein by reference. The East ROW Agreement requires Owner and CFX to place the Closing Deliveries in escrow with Escrow Agent pending satisfaction of the conditions and requirements prescribed below in this Agreement. If the Parties satisfy those conditions and requirements by the deadline prescribed in the East ROW Agreement, the Parties will complete the closing of the East ROW Agreement by dispensing the Closing Deliveries as prescribed below. Capitalized terms (other than Section headings) used below that are not expressly defined in this Agreement have the meanings therefore provided in the East ROW Agreement.

NOW, THEREFORE, in consideration of the foregoing explanation, the mutual covenants contained in this Agreement and in the East ROW Agreement, and for other consideration, the Parties agree as follows:

Establishment of Escrow. Escrow Agent acknowledges receipt of the Closing Deliveries and agrees to hold them in escrow to be distributed solely in accordance with and subject to the terms of the East ROW Agreement and this Agreement.

Distribution if Conditions Are Satisfied. For purposes of this Agreement, the Construction Contingency Deadline has the meaning provided in the East ROW Agreement (which deadline may be extended in accordance with the East ROW Agreement).

If the Construction Contingencies and the Additional Contingencies prescribed below in this Agreement are satisfied on or before the Construction Contingency Deadline, and the East ROW Agreement is not earlier terminated, the Parties will close the record conveyance of the Property and Easements, and to that end Escrow Agent shall distribute the Closing Deliveries as follows:
Escrow Agent will record in the Official Records of Orange or Osceola County, Florida (as appropriate) those documents identified as “Recording Documents” in the Closing Deliveries on the attached Exhibit “A.”
Escrow Agent will distribute or apply the funds included in the Closing Deliveries in accordance with the Closing Statement identified on Exhibit “A.”
Escrow Agent will distribute the remaining Closing Deliveries as directed on Exhibit “A.”
Escrow Agent will update the title insurance commitments previously issued pursuant to the East ROW Agreement and will issue policies of title insurance in favor of CFX in accordance with the East ROW Agreement.
In order effectively to close the sale and purchase under the East ROW Agreement, CFX and Owner shall execute and deliver such additional documents and take such other actions as may be reasonably requested by a Party to satisfy reasonable legal concerns or ensure full performance of the East ROW Agreement, or as may otherwise be appropriate because of passage of time. Without limiting the foregoing, the Parties will do any of the following that becomes necessary:
Supplement or amend the Closing Statement;
Reprorate ad valorem taxes and other revenues and expenses the proration of which is required by the East ROW Agreement (and deliver to Escrow Agent such funds as either Party may owe based on the reprorations);
Pay such costs of closing (as costs are allocated in the East ROW Agreement) as may have increased since the date of this Agreement;
Add dates to documents; and
Execute such documents as Escrow Agent may reasonably require in order to insure CFX’s title to the Property and Easements in accordance with the East ROW Agreement.

Waiver of Construction Contingencies. CFX has the right, subject to Owners’ mutual agreement, which shall not be unreasonably, withheld, conditioned, or delayed, to elect to waive one or more of the Construction Contingencies by providing written notice to the Owners and Escrow Agent of CFX’s waiver of such Construction Contingencies. In the event CFX elects with Owners’ consent to waive a Construction Contingency in accordance with this Section, CFX shall be required to concurrently waive the corresponding Conservation Lands Contingencies and release the Conservation Lands from escrow pursuant to, and as defined in, the Conservation Lands Agreement and the escrow agreement entered into pursuant thereto. In no event shall the East Property and SLR Easements or the Conservation Lands be released from escrow if any of the Construction Contingencies is not satisfied or waived as provided herein, or if any of the Conservation Lands Contingencies or Additional Contingencies prescribed in the Conservation Lands Agreement has not been satisfied or waived as provided herein.
Disposition if No Closing. If for reasons outlined in this Agreement or in the East ROW Agreement, the East ROW Agreement is terminated without a closing, Escrow Agent will distribute the Closing Deliveries as follows:
Each original document will be returned to the Party that signed the document. Escrow Agent will destroy each original document signed by multiple Parties (and will provide proof of their destruction that is satisfactory to all Parties).
Escrow Agent will return the funds to the Parties that delivered the funds (as reflected on the Closing Statement).
Additional Contingencies. The following are the Additional Contingencies referenced in the Section above titled “Distribution if Conditions Are Satisfied:”
Neither of the West Segment ROW Agreement or the Conservation Lands Agreement has been terminated.
No default exists of covenants or obligations that survive closing of the West Segment ROW Agreement or that are contained in the deed or other documents executed at closing of the West Segment ROW Agreement.
The escrow agreement executed in connection with the Conservation Lands Agreement remains in full force and effect, and the escrowed items held under that escrow agreement are being distributed concurrently in order to close the record conveyances of the properties and property interests that are the subject of that agreement.
None of the parties to the West Segment ROW Agreement has invoked, nor do conditions exist that with the passage of time or giving of notice, or both, would permit a party’s invoking provisions of that agreement requiring a repurchase or reconveyance of the properties and easements conveyed thereunder.

Escrow Agent’s Claim in Closing Deliveries. Except as expressly provided to the contrary in this Agreement, the Escrow Agent does not have any interest in the Closing Deliveries but is serving as an escrow holder in a fiduciary capacity (as that fiduciary capacity may be created, controlled, or limited by this Agreement) only. The Parties to this Agreement will provide the Escrow Agent with appropriate executed forms necessary for the Escrow Agent to comply with all reporting and similar requirements, including. This Section shall survive the termination of this Agreement and the resignation or replacement of any Escrow Agent.

Standard of Care for the Escrow Agent.
The Escrow Agent shall be responsible only for performance of its duties as specified in this Agreement, and no implied covenants, duties, or obligations shall bind or be enforceable against the Escrow Agent. The Escrow Agent shall not be liable to the other Parties to this Agreement for any act or failure to act other than for the Escrow Agent’s gross negligence or willful misconduct.

The Escrow Agent shall not be liable for any action taken or omitted by it, or any action suffered by it to be taken or administered in good faith, and in the exercise of its own best judgment, and may rely conclusively and shall be protected in acting upon any order, notice, demand, certificate, opinion or other advice of counsel (including counsel selected by the Escrow Agent), statement, instrument, report, or other document (not only as to its due execution and its validity and effectiveness, but also as to the truth and acceptability of any information contained in it) which is reasonably believed by the Escrow Agent to be genuine and to be signed by the proper person or persons.

The Escrow Agent shall not be bound by any notice or demand, or any waiver, modification, termination or rescission of this Agreement or any of its terms, unless executed in writing by all Parties to this Agreement.

The Escrow Agent shall not be bound by any notice, directive, or demand that Escrow Agent believes is inconsistent with or contravenes the requirements of this Agreement or the East ROW Agreement.

Disagreements. In any dispute concerning the distribution of all or any portion of the Closing Deliveries, or if any disagreements arise among the Parties to this Agreement concerning the interpretation of this Agreement, or concerning the Parties’ respective rights and obligations under this Agreement, or the propriety of any action contemplated or taken by the Escrow Agent, or if the Escrow Agent in good faith is in doubt about what action should be taken under to this Agreement, the Escrow Agent shall not be obligated to resolve the dispute or disagreement or to make any distribution of all or any portion of the Closing Deliveries, but may commence an action in the nature of an interpleader and seek to deposit all or any portion of the Closing Deliveries in a court of competent jurisdiction in Orange County, Florida, and thereby be discharged from any further duty or obligation with respect to that portion of the Closing Deliveries so deposited so long as it is so deposited. The Escrow Agent, in its sole discretion, may elect in lieu of filing an interpleader to cease performance

of this Agreement and all instructions received in connection with this Agreement until the Escrow Agent has received a written notice of resolution of the dispute or disagreement signed by the parties to the dispute or disagreement; provided, however, that during the pendancy of such suspension the Escrow Agent shall continue to hold the Closing Deliveries in accordance with this Agreement and the East ROW Agreement.

Notices. Notices to be given under this Agreement shall be in writing. All notices shall be addressed as provided above, and sent by registered or certified United States Postal Service, return-receipt requested, with all postage and fees prepaid, or sent by a nationally recognized overnight courier service for delivery on the next business day with all fees and charges prepaid, or delivered by hand, or sent via email to the addresses provided above. Any notice sent by or to the attorney representing a Party shall be as effective as if sent by or to the applicable Party. Any Party may change the information provided above for giving notice by delivering notice of the new information to the other Parties in a manner permitted by this Section.

Agreement for Sole Benefit of Escrow Agent, CFX, and Owner. This Agreement and the rights and benefits created by it are for the sole and exclusive benefit of the Escrow Agent, CFX and Owner. Without limiting the generality of the foregoing, this Agreement shall not be deemed to be for the direct or indirect benefit of any third-party.

No Waiver of Noncompliance. No failure of any Party to this Agreement to exercise any power or right granted under this Agreement, or to insist upon strict compliance by any other Party of any obligation under this Agreement, and no course of dealing with regard to the terms of performance hereof, shall constitute a waiver of the rights of such Party to demand full and exact compliance with the terms of this Agreement.

Entire Agreement. This Agreement and the East ROW Agreement contain the entire agreement of the Parties relating to escrow of the Closing Deliveries, and no representations, inducements, promises, or agreements, whether oral or otherwise, of a Party that are not embodied in this Agreement or specifically incorporated into this Agreement by reference shall be of any force or effect.

Severability of Clauses. If any provision of this Agreement, the deletion of which would not adversely affect a Party's enjoyment of any material benefit intended by this Agreement nor substantially increase the burden of a Party under this Agreement, is found to be invalid or unenforceable, that provision will be severed from this Agreement and the remainder of this Agreement will continue to be binding and enforceable.

Counterparts. This Agreement may be executed in multiple counterparts, including by electronic or digital signatures. The signature of any Party to a counterpart shall be deemed to be a signature to, and may be appended to, any other counterpart. A Party may bind itself to this Agreement by executing a counterpart hereof, then transmitting the executed counterpart to the other Parties via email in .pdf format.

Enforcement by Specific Performance. In addition to all remedies available at law

or in equity for enforcement of this Agreement, the Parties expressly agree they may enforce this agreement by specific performance.

Further Assurances. Each Party will, without additional consideration, sign, acknowledge, and deliver any other documents and take any other action necessary or appropriate and reasonably requested by another Party to carry out the intent and purpose of this Agreement.

Construction. Whenever the context permits or requires, the use of the singular in this Agreement shall include the plural, and the plural shall include the singular. Any reference herein to one gender shall likewise apply to the other gender and to the neuter; and any reference herein to the neuter shall refer likewise to one or both genders. Any reference herein to a person shall include trusts, partnerships, corporations, and other entities, as appropriate. The words “herein”, “hereof”, “hereunder”, “hereinafter”, “hereinabove”, and other words of similar import refer to this Agreement as a whole and not to any particular Section, subsection, paragraph, clause, article, or other subdivision of this Agreement. For purposes of this Agreement, "will" or "shall" is a mandatory word denoting an obligation to pay or perform. "May" is a permissive word denoting an option, right, or choice, but not an obligation.

Attorney's Fees. If either party initiates or is made a party to legal proceedings (whether judicial, administrative, declaratory, in arbitration, or otherwise) in connection with this Agreement, then the substantially nonprevailing party in those proceedings will pay the costs and attorney's fees, including the costs and attorney's fees of appellate proceedings, incurred by the substantially prevailing party. This obligation to pay attorney's fees and costs will apply also to settlements of disputes and to collection efforts.

[The Parties have signed on the following pages.]

[Signature page of Escrow Agreement]

IN WITNESS OF THEIR AGREEMENT, the Parties hereby sign this Agreement.

“ESCROW AGENT”

By: 	 Print name:	 

“CFX”

CENTRAL	FLORIDA	EXPRESSWAY AUTHORITY

By: 	 Print name:	 

As its: 		As its: 	

“SLR”

CENTRAL	FLORIDA	PROPERTY HOLDINGS 500, LLC

By: 	 Print name:	 

“SHN”

SPRINGHEAD NORTH, LLC

By: 	 Print name:		

As its: 		As its: 	

AND

CENTRAL	FLORIDA	PROPERTY HOLDINGS 600, LLC

By: 	  Print name:	

As its: 	

EXHIBIT “A”
Closing Deliveries

EXHIBIT "G"
CFPH600 Conveyance Areas

CENTRAL FLORIDA EXPRESSWAY AUTHORITY SR 534 (OSCEOLA PARKWAY EXTENSION) PROJECT NO. 534-XXX
PARCEL NO. 534-861
PURPOSE: PERPETUAL EASEMENT ESTATE: EASEMENT

LEGAL DESCRIPTION:
A parcel of land in the Southeast 1/4 of Section 2, Township 25 South, Range 31 East, Osceola County, Florida, being more particularly described as follows:

Commence at a found 4-inch by 4-inch concrete monument with disk stamped "PRM LB 6723" marking the Southwest corner of the Southwest 1/4 of Section 2, Township 25 South, Range 31 East, Osceola County, Florida; thence run North 89°23'51" East along the South line of said Southwest 1/4, a distance of 2720.15 feet to the Southeast corner of said Southwest 1/4; thence departing said South line, run North 00°51'29" West along the East line of said Southwest 1/4, a distance of 619.28 feet to a point on a non-tangent curve, concave Southwesterly, having a radius of 2835.00 feet, a chord distance of 4.32 feet and a chord bearing of South 66°25'57" East; thence departing said East line, from a tangent bearing of South 66°28'34" East, run Southeasterly along
the arc of said curve through a central angle of 00°05'14", a distance of 4.32 feet to the POINT OF BEGINNING; thence departing said curve run North 33°00'32" East, a distance of 258.50 feet; thence North 16°21'25" East, a distance of 279.59 feet; thence South 52°36' 17" East, a distance of
37.50 feet; thence South 16°21'25" West, a distance of 271.25 feet; thence South 33°00'32" West, a distance of 258.06 feet to a point on a non-tangent curve, concave Southwesterly, having a radius of 2835.00 feet, a chord distance of 35.44 feet and a chord bearing of North 66°01'51" West; thence from a tangent bearing of North 65°40'21" West, run Northwesterly along the arc of said curve through a central angle of 00°42'59", a distance of 35.44 feet to the POINT OF BEGINNING.
Containing 18678 square feet, more or less

NOTES:
THIS SKETCH OF DESCRIPTION WAS PREPARED WITH THE BENEFIT OF CERTIFICATE OF TITLE PREPARED BY COMPANY NAME AS TO FILE NO. XXXXXXXX, EFFECTIVE DATE OF MONTH XX, 2022

BEARINGS SHOWN HEREON ARE BASED ON THE FLORIDA STATE PLANE COORDINATE SYSTEM, FLORIDA EAST ZONE (0901), 1983 NORTH AMERICAN DATUM, 2011 ADJUSTMENT, DERIVING A BEARING OF NORTH
89°23'51" EAST ALONG THE SOUTH LINE OF THE SW
1/4 OF SECTION 2, TOWNSHIP 25 SOUTH, RANGE 31

I HEREBY CERTIFY THIS SKETCH OF DESCRIPTION IS IN ACCORDANCE WITH THE STANDARDS OF PRACTICE AS REQUIRED BY CHAPTER 5J-17 FLORIDA ADMINISTRATIVE CODE PURSUANT TO SECTION 472.027, FLORIDA STATUTES.	..--; . :"a• ••,,
.:·' 'v \. ,,,•""""•,,, 1-' ',,
,,' .._v ,,,,•' \IF I c ',,,,( (' ',,
:.'¼ f,"' "'"'	,,,, ',, ,,(.',

EAST, OSCEOLA COUNTY, FLORIDA.

'*'

NO. 5381 <" \	:

>-···:" _:'

*	*:

THE ELECTRONIC SIGNATURE HEREON IS IN COMPLIANCE

:_  \_  STATE OF  /	j

,,E,n,,,,,.,,•\' ,,'

-W-IL-L-IA_M_D_D_O_N_LE_Y_P_S_M_---,_c;,;--,,,,t1 0R1

WITH FLORIDA ADMINISTRATIVE CODE (FAC) 5J-17.062(3).

LICENSE NU'

MBER 53' .81. .	', ',,,,.,,,, """w'"'" "'"' ,'

THE SEAL APPEARING ON THIS DOCUMENT WAS AUTHORIZED BY WILLIAM D. DONLEY, PSM NO. 5381, ON XX/XX/XXXX PER FAC 5J-17.062(2).

NOT VALID WITHOUT THE SIGNATURE AND SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER

SEE SHEET 2 FOR LEGEND AND SKETCH OF DESCRIPTION

DATE	JANUARY 07, 2022
DRAWN BY	M.ROLUNS
CHECKED BY	5.WARE

CERTIFICATION OF AUTHORIZATION NO. LB 8011

SKETCH OF DESCRIPTION
(THIS IS NOT A BOUNDARY SURVEY)

PARCEL

1=D=EW=BE=RR=Y=PR=OJ=EC=T=NO .;::::==5=00:::;88;::265===1 It Dewberry
800 NORTH MAGNOLIA AVENUE

SR 534 (OSCEOLA PARKWAY EXTENSION) CENTRAL FLORIDA

534-861
SCALE:  N/A

0---------1-----1------1

SUITE 1000
ORLANDO, FLORIDA 32803
(407) 843-5120

EXPRESSWAY AUTHORITY
OSCEOLA COUNTY, FLORIDA

SHEET 1 OF 2

REVISION

BY	DATE

EXHIBIT "G"
CFPH600 Conveyance Areas

CENTRAL FLORIDA EXPRESSWAY AUTHORITY SR 534 (OSCEOLA PARKWAY EXTENSION) PROJECT NO. 534-XXX
PARCEL NO. 534-861
PURPOSE: PERPETUAL EASEMENT ESTATE: EASEMENT

TWP 25 5, RGE 31 E
I

SCALE: 1" = 200'
0	100	200

,........-,--- .........

/

/	PERPETUAL
/	ESMT LINE
/	I

S52°36'17"E

-

K37.50'

/	NOT TO SCALE . ,?
{i	'b

PERPETUAL	;:"::·'

I

j DETAIL	- •-"'

}/IL

'Y

"	I\

'<, -,

\	NT  8_	<,j

"-; «.

.. t/

ESMT LINE

ESMT LINE

rI!-'

/2["'	PERPETUAL

',

:q
or\/	!'V
(0	...

EAST LINE,
\	SW U<, sec, '

''-
-........

1 L,:,

/

- - --/
SW 1/4

.,.,J-? "'b <o .

,£>

-	0

"-;1/
"'

SE 1/4 NOT PLATTED

r'>!rj	"!"I,;'o/j_,,,

LEGEND & ABBREVIATIONS

NOT PLATTED

AC.	= ACRES	(P)	= PLAT DATA
CB	= CHORD BEARING	PB	= PLAT BOOK
CD	= CHORD DISTANCE	PG/PGS = PAGE / PAGES
CM	= CONCRETE MONUMENT	PC	= POINT OF CURVATURE
CMD	= CONCRETE MONUMENT	PCC	= POINT OF COMPOUND WITH DISK			CURVATURE
COR	= CORNER	PI	= POINT OF INTERSECTION
C.I.P.  = CAPITAL IMPROVEMENT	POB	= POINT OF BEGINNING

CURVE Cl
/),= 00°05'14"
L= 4.32'
R= 2835.00'
CD= 4.32'
CB= S66°25'57"E TB= S66°28'34"E

CURVE C2
/),= 00°42'59"
L= 35.44'
R= 2835.00'
CD= 35.44'
CB= N66°0I'5I"W TB= N65°40'2l"W

EAST LINE,
SW 1/4, SEC 2

PROGRAM	POC	= POINT OF COMMENCEMENT
(D)	= DEED DATA	PRC	= POINT OF REVERSE DB	= DEED BOOK			CURVATURE
ESMT  = EASEMENT	PROJ.  = PROJECT
EXIST. = EXISTING	PT	= POINT OF TANGENCY
(F)	= FIELD DATA	R	= RADIUS
FND	= FOUND	RGE	= RANGE
ID	= IDENTIFICATION	R/W	= RIGHT OF WAY
L	= ARC LENGTH	SF	= SQUARE FEET
LA	= LIMITED ACCESS	SEC	= SECTION
LB	= LICENSED SURVEY	TB	= TANGENT BEARING BUSINESS	TWP	= TOWNSHIP
NO.	= NUMBER	W/	= WITH
NT	= NON-TANGENT	[),	= DELTA (CENTRAL ANGLE)
OCBCC = ORANGE COUNTY BOARD	 ±	= MORE OR LESS OF COUNTY COMMISSIONERS	60D	= 60 PENNY
OOCEA = ORLANDO-ORANGE COUNTY		0	= CHANGE IN DIRECTION EXPRESSWAY AUTHORITY	--+-I-I-- = LIMITED ACCESS R/W LINE

-

ORB	= OFFICIAL RECORDS BOOK	=R/W LINE
ouc	= ORLANDO UTILITIES COMMISSION	-	= PERPETUAL EASEMENT LINE

3

10	11

SW 1C/4O, R,)
SOUTH LINE,	SEC 2
SW 1/4, SEC 2
N89"23'51"E	  2_72_0-.1-5-,-- (BASIS OF BEARINGS)

'-.._.

SOUTH LINE, SE 1/4, SEC 2

r 	

N89"23'5l"E

2720.15'

SE COR, SE 1/4, SEC 2 FNO 5"X5" CM,
BROKEN, NO ID	1
12

SEE SHEET 1 FOR LEGAL DESCRIPTION
DATE	JANUARY 07, 2022
DRAWN BY	M.ROLUN5
CHECKED BY	5.WARE

CERTIFICATION OF AUTHORIZATION NO. LB BOIi

SKETCH OF DESCRIPTION
(THIS IS NOT A BOUNDARY SURVEY)

PARCEL

1=D=E=W=B=ER=RY=PR=O=JE=C=T=N=O·::::===S=0=08=8;::26=5====1 9  Dewberry
800 NORTH MAGNOLIA AVENUE SUITE 1000
ORLANDO, FLORIDA 32803
(407) 843-5120

SR 534 (OSCEOLA PARKWAY EXTENSION) CENTRAL FLORIDA
EXPRESSWAY AUTHORITY
OSCEOLA COUNTY, FLORIDA

534-861
SCALE:	1"=200'

SHEET 2 OF 2

REVISION

BY	DATE

Sunbridge Stewardship District

Research Agreement with University of Central Florida Research Foundation

RESEARCH AGREEMENT
Between
SUNBRIDGE STEWARDSHIP DISTRICT
3501 Quadrangle Blvd., Suite 270, Orlando, FL 32817
And
UNIVERSITY OF CENTRAL FLORIDA RESEARCH FOUNDATION, INC.
12201 Research Parkway, Suite 501, Orlando, FL 32826-3246

This research agreement (“Agreement”) is made and entered into by and between Sunbridge Stewardship District (“District”) and the University of Central Florida Research Foundation, Inc. (“UCFRF”), a direct support organization and instrumentality acting for the benefit of and on behalf of The University of Central Florida Board of Trustees (“UCF”) individually, “Party”, or collectively, “Parties”.

The terms of this Agreement are intended to provide the administrative framework for the Parties cooperating in the performance of this project as outlined in Appendix A. UCFRFs sole obligations under this Agreement are set forth in the terms and conditions of this Agreement.

STATEMENT OF WORK
UCFRF shall make all reasonable efforts to conduct its work under this Agreement as outlined in the Statement of Work (“SOW”), set forth in Appendix A and incorporated herein by reference.

TERM
This Agreement is effective as of the date of last signature (“Effective Date”) and shall not extend beyond March 15, 2025 unless extended by written modification of this Agreement.

FINANCIAL SUPPORT
This is a fixed price Agreement in the amount of $53,497 and shall not be modified unless agreed upon by both Parties in writing. UCFRF may re-budget as necessary to accomplish the SOW. Serially numbered invoices shall be submitted in accordance with the schedule below. UCFRF may choose to discontinue or suspend performance if District fails to pay any invoice within (30) days of receipt.

Invoice Date	Amount Due	
Upon execution	$17,833	
December 30, 2022	$17,832	
March 30, 2023	$17,832	
TOTAL	$53,497	

Invoices shall be submitted to:	Sunbridge Stewardship District
Name			 3501 Quadrangle Blvd., Suite 270
Address		

City, State Zip Email

Orlando, FL 32817

lanea@pfm.com & mullinsl@pfm.com

ADMINISTRATIVE CONSIDERATION
District understands that UCFRF does not have any employees, and that all personnel performing under this Agreement are employees or agents of UCF.

AUDIT
All costs incurred in the performance of this Agreement will be subject to audit by any cognizant audit agency.

PUBLICATION
Any research or research results generated in conjunction herewith shall be subject to unrestricted publication or dissemination provided that such publication or dissemination will not compromise the ability to file for patent rights or inadvertently divulge proprietary information of a Party.

EQUIPMENT AND PROPRIETARY MATERIALS
UCFRF will be accountable for and hold title to all equipment purchased under this Agreement and will be responsible for employing it for the overall purpose of the project. UCFRF agrees to maintain sufficient records to enable District to fulfill its accountability. Each Party will be accountable for and keep title to all equipment it owns and utilizes under this Agreement.

INTELLECTUAL PROPERTY
“Intellectual Property” means individually and collectively all inventions, improvements and/or discoveries, patentable or unpatentable, copyrightable or uncopyrightable, including but not limited to mask works, computer software, both object and source code, data, data bases and works of authorship.

Intellectual Property developed solely by District shall be solely and exclusively owned by District. Intellectual Property developed solely by UCFRF shall be solely and exclusively owned by UCFRF. “Joint Intellectual Property” means any Intellectual Property developed jointly by District and UCFRF under this Agreement. Joint Intellectual Property will be owned jointly by District and UCFRF, who agree to jointly determine proper inventorship and authorship subject to Title 35 of the United States Code for inventions and Title 17 of the United States Code for works of authorship.

“Background Intellectual Property” means Intellectual Property which was in existence prior to the Effective Date of this Agreement, or which is created or developed by a Party outside the course of the SOW. The Parties agree that Background Intellectual Property of District and UCFRF is their separate property, respectively, and is not affected by this Agreement. Neither Party shall acquire any claims to or rights in the Background Intellectual Property of the other Party by this Agreement or performance hereunder.

Nothing in this Agreement shall circumvent or restrict either Party’s pre-existing obligations with the United States Government pertaining to any kind of Intellectual Property, including but not limited to such pre- existing obligations contained in grants, contracts and other types of agreements or arrangements between either Party and the U.S. Government. These obligations may include granting licenses to the U.S. Government for certain Intellectual Property which is being developed.

Notwithstanding any provision to the contrary in this Agreement, UCFRF shall retain the right to practice any Intellectual Property developed hereunder for its own academic, non-commercial research and teaching purposes.

EXPORT CONTROL
Each Party acknowledges that it is subject to and agrees to abide by the United States laws and regulations controlling the export or transfer of information, technical data, software, items, materials, mockups/prototypes, biological materials and other items, (including the Arms Export control Act (“AECA”), as amended, an enumerated in the International Traffic Arms Regulations (“ITAR”) 22 CFR Parts 123 – 130,

and the Export Administration Act (“EAA”) of 1979 enumerated in the Export Administration Regulations (“EAR”) 15 CFR Parts 300 – 799). The transfer of such items and technical data may require a license from the cognizant agency of the U.S. Government or written assurances by District that it shall not export such items to certain foreign countries and/or foreign persons without prior approval of the cognizant agency.
UCFRF neither represents that a license is or is not required or that, if required, it shall be issued.

ASSUMPTION OF RISK
Each party assumes any and all risks of personal injury and property damage attributable to the negligent acts or omissions of that party and its officers, employees, servants, and agents thereof while acting within the scope of their employment. UCFRF and UCF expressly retain all rights, benefits, and immunities of sovereign immunity in accordance with Section 768.28, Florida Statutes, and nothing in this Agreement shall be deemed as a waiver of sovereign immunity or limits of liability beyond any statutory waiver. The parties acknowledge and agree that UCFRF is a direct support organization acting on behalf of and as an instrumentality of UCF and that the cap on the amount and liability of UCFRF and UCF for damages regardless of the number or nature of claims in tort, equity, or contract shall not exceed the lesser of the (i) dollar amount set by the legislature for tort in Section 768.28, Florida Statutes or (ii) policy limits of UCFRF’s insurance coverage.

PUBLIC RECORDS
UCFRF understand and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records and shall be treated as such in accordance with the District’s Records Retention Policy and Florida law. Pursuant to Section 119.07(1)(a), Florida Statutes, UCFRF and shall permit such records to be inspected and copied by any person desiring to do so.

CONFIDENTIAL INFORMATION
Should it be necessary for either party to receive confidential information, the disclosing party agrees to label in writing at the time of delivery that such information is confidential, or if given orally, reduce to writing, clearly marked as confidential, within thirty (30) days of the oral disclosure. The receiving party and its personnel agree to safeguard the confidential material to the same extent it safeguards its own. Confidential information does not include information that is:

already known to the receiving party at the time of disclosure as evidenced by written record; or
generally available to the public or becomes available to the public through no fault of the receiving party as evidenced by written record; or
developed independently of and without reference to the confidential information as evidenced by written record; or
received from a third party who had a legal right to disclose such information without restriction as evidenced by written record; or
required by law or valid court order to be disclosed.

Upon written request of the disclosing party, the receiving party shall promptly return all confidential information of the disclosing party, together with all copies thereof provided, however, that receiving party may retain one (1) copy of confidential information solely for its legal and archival purposes.
The confidentiality obligations set forth in this provision shall survive for a period of three (3) years from the Effective Date. Notwithstanding anything to the contrary in this provision, any inventions disclosed under this Agreement shall be considered confidential information, whether labeled or not.

REPORTING REQUIREMENTS
UCFRF shall render to the District technical progress reports in accordance with Appendix A.

NO WARRANTIES
UCFRF AND UCF MAKE NO REPRESENTATIONS AND EXTEND NO WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED WITH REGARD TO THE RESEARCH, INTELLECTUAL PROPERTY, AND/OR PROPRIETARY MATERIALS. THERE ARE NO EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OR THAT DISTRICT’S USE OF THE RESEARCH DELIVERABLES OR INTELLECTUAL PROPERTY WILL NOT INFRINGE ANY THIRD PARTY PATENT, COPYRIGHT, TRADEMARK, OR OTHER THIRD PARTY RIGHTS. UCFRF AND UCF MAKE NO REPRESENTATION AS TO THE USEFULNESS OF RESEARCH DELIVERABLES, INTELLECTUAL PROPERTY, OR PROPRIETARY MATERIALS. IF DISTRICT CHOOSES TO EXPLOIT RESEARCH DELIVERABLES, INTELLECTUAL PROPERTY, OR PROPRIETARY MATERIALS IN ANY MANNER WHATSOEVER, IT DOES SO AT ITS OWN RISK.

FORCE MAJEURE
No default, delay, or failure to perform on the part of either Party shall be considered a default, delay, or failure to perform hereunder, if such default, delay, or failure to perform is due to causes beyond either Party’s reasonable control including, but not limited to, strike, lockouts, or inactions of governmental authorities; epidemic or pandemic; war; embargoes; fire; earthquake; acts of God; or default of a common carrier. In the event of such default, delay, or failure to perform, any date or times by which either Party is otherwise scheduled to perform shall be extended automatically for a period of time equal in duration to the time lost by reason of the excused default, delay, or failure to perform.

GOVERNING LAW
This Agreement is governed and construed in accordance with the laws of the State of Florida without regard to its conflict of laws provisions. The Parties shall bring any action in connection with this Agreement in courts of competent jurisdiction in Orange County, Florida. The Parties specifically waive the right to any other jurisdiction and venue, and the defense based on inconvenient forum.

LIMITATION OF DAMAGES
In no event will UCFRF be responsible for any direct damages, indirect damages, incidental damages, consequential damages, exemplary damages of any kind, lost goodwill, lost profits, lost business and/or any indirect economic damages whatsoever regardless of whether such damages arise from claims based upon contract, negligence, tort (including strict liability or other legal theory), a breach of any warranty or term of this Agreement, and regardless of whether a Party was advised or had reason to know of the possibility of incurring such damages in advance.

Each Party agrees to notify the other Parties within thirty (30) days of receipt of any claims made for which the other Party might be liable under Sections 10 or 17, as the case may be. The liable Party will defend, negotiate, and settle such claims. The other Parties will be entitled to participate in the defense of such matter and to employ counsel at its expense to assist therein; provided, however, that the liable Party will have final decision-making authority regarding all aspects of the defense of any claim. The Party seeking liability will provide the liable Party with such information and assistance as the liable Party may reasonably request, at the expense of the liable Party. No Party will be responsible or bound by any settlement of any third-party claim or suit made without its prior written consent; provided, however, that the liable Party will not unreasonably withhold or delay such consent. If a settlement contains an absolute waiver of liability for the liable Party, and each Party has acted in compliance with the requirements of this Section 17, then the liable Party’s consent will be deemed given. .

NON-USE OF NAMES
Neither Party may use each other’s name or trademarks in any promotion, statement, advertisement, press release or communications to the general public or any third party without each other’s express written consent. Any proposed public statement, advertisement, press release or communications by either Party shall

be submitted to the other Party for its review and written approval at least thirty (30) days prior to the planned dissemination or publication, unless otherwise required. However, nothing shall prohibit either Party from complying with Florida Statute 1004.22(2) regarding sponsored research activities.

NO ASSIGNMENT
Neither Party may assign or transfer its rights and remedies nor transfer its obligations or subcontract for any of the services to be performed under this Agreement, in whole or part, without the prior written consent of the other Party. This Agreement is binding upon the Parties and their permitted successors and assigns.

INDEPENDENT CONTRACTOR
In the performance of all services under this Agreement, each Party shall be deemed to be, and shall be, an independent contractor. This Agreement shall not be deemed to create any other form of employment relationship or business organization between the Parties. Neither Party is authorized or empowered to act as agent for the other for any purpose and shall not, on behalf of the other, enter into any contract, warranty or representation as to any matter. Neither Party shall be bound by the acts or conduct of the other.

REMEDIES
The Parties understand and agree that a Party may suffer irreparable harm in the event of breach of any of the obligations under this Agreement and that monetary damages may be inadequate to compensate for such breach. Accordingly, the Parties agree that, in the event of a breach, or threatened breach by a Party, of any of the provisions of this Agreement a Party, in addition to any other available rights, remedies or damages, a Party shall be entitled to seek a temporary restraining order, preliminary injunction and permanent injunction in order to prevent or to restrain any such breach by the Party, or its employees, servants, agents and any and all persons directly or indirectly acting for the Party.

TERMINATION
Either Party may terminate this Agreement for convenience upon thirty (30) days written notification to the other. In the event of termination, UCFRF will be reimbursed for all costs incurred and any non-cancelable obligations properly incurred through the date of termination.

Either Party may terminate this Agreement in the event of failure of the other Party to fulfill any of its obligations under this Agreement. Prior to termination, the terminating Party shall provide to the other Party written notification regarding the reason(s) for termination. If the Parties cannot reach an agreement within seven (7) calendar days from notice of termination on the corrective measures to be taken and the schedule for corrective action, the terminating Party may terminate this Agreement by providing an additional seven (7) calendar days written notice to the other. Said notice shall specify the effective time and date of termination.

WAIVER
No failure or delay by a Party hereto to insist on the strict performance of any term of this Agreement, or to exercise any right or remedy consequent to a breach thereof, shall constitute a waiver of any breach or any subsequent breach of such term. No waiver of any breach hereunder shall affect or alter the remaining terms of this Agreement, but each and every term of this Agreement shall continue in full force and effect with respect to any other then existing or subsequent breach thereof.

SEVERABILITY
If any one or more of the provisions of this Agreement shall be held to be invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions of this Agreement shall not be in any way affected or impaired thereby and shall remain in full force and effect.

MODIFICATIONS
Modifications to this Agreement may be made only in writing signed by authorized signatories of both Parties.

NOTICES
All notices and other communication given under this Agreement shall be addressed or sent via electronic mail to the address set forth below unless by a previous notice a different person or address has been designated.

To UCFRF for administrative matters:	To District for administrative matters: University of Central Florida Research Foundation	Sunbridge Stewardship District 12201 Research Parkway, Suite 501	3501 Quadrangle Blvd., Suite 270
Orlando, Florida 32826-3246	Orlando, FL 32817

Attn:	 Denisha Pierre		Attn:	 Lynne Mullins	 Email:  Denisha.pierre@ucf.edu		Email:  mullinsl@pfm.com	

To UCFRF for technical matters:	To District for technical matters:
3528 North Perseus Loop	Sunbridge Stewardship District
Orlando, Florida 32816	3501 Quadrangle Blvd., Suite 270
Orlando, FL 32817

Attn:	 Dr. Patrick Bohlen		Attn:	 Richard Levey	 Email:  Patrick.Bohlen@ucf.edu		Email:  Seat1@sunbridgestewardshipdistrict.com 

COUNTERPARTS
This Agreement may be executed in counterparts, each of which shall be considered an original, but which together shall constitute but one and the same Agreement.

ENTIRE AGREEMENT
This Agreement consists of the following parts with the following order of precedence in the event of any conflict:

Articles 1 - 28
Appendix A:	Scope of Work & Deliverables
Appendix B:	Budget

and constitutes the entire Agreement of the Parties with respect to the subject matter hereof. Any other understanding, purchase order, or agreement, whether written or oral, relating to the subject matter is hereby superseded.

IN WITNESS WHEREOF, the Parties hereto have executed this Agreement with the Effective Date shown herein:

University of Central Florida Research Foundation, Inc.

Print	Amanda Coveney	Print	
Name	 		Name			
Title	Assistant Director	Title	
Date	3/30/2022	Date	

By:

Sunbridge Stewardship District By:

APPENDIX A: SCOPE OF WORK & DELIVERABLES
UCFRF and/or District shall perform the work described in:

Proposal entitled “Assessing native plant material for use in ecologically sound, resource efficient residential developments.”

Which documents are hereby incorporated into this Agreement by reference with the same force and effect as if set forth herein in full.

The following deliverable items are required:

Due Date	Deliverable	
06/15/23	First annual report	
06/15/24	Second annual report	
12/31/2024	Final report	
12/31/2024	MS student graduated	
12/31/2024	Peer-reviewed manuscript submitted	
03/15/2025	Extension document published with UF-IFAS	

Scope of Work

Collaborative Landscape Research Project, Sunbridge Stewardship District

Introduction and Objectives
The Boundary Planting project at the Sunbridge Stewardship District base camp involves a multi- disciplinary collaboration among the Sunbridge Stewardship District, the University ofCentral Florida (UCF), the University of Florida (UF), and Cherrylake, Inc. The project contributes to the Stewardship District’s desire to create a Sunbridge-specific landscape code thatis ecological sound and that meets the development’s water supply and water quality goals, whilebeing financially feasible and marketable to potential homebuyers. The project collaborators have developed a plan for a native landscape planting that will demonstrate various native plants that could be used in the development’s landscapes, and that will also test how the survival and vigor of the plants is affected by different irrigation regimes and a soil amendment. The plantingwill be along the southeastern boundary of the development’s base camp, located in northern Osceola County, just southeast of Lake Nona. The project is unique in that is embeds a replicated experimental design within an aesthetically designed landscape. The specific research goals of this collaborative project are to identify: (1) native plant species that can thrive in, and enhance the aesthetics of new residential landscapes, while requiring less water and other inputs; (2) irrigation regimes and soil amendments that improve the establishment and success native landscaping plants while reducing long-term water demand; and (3) the ecological communities and services supported by the native plantings support under the different experimental treatments and in comparison to more traditional landscapes. Meeting these objectives will help guide species selection for future residential and urban landscaping, identify plants with potentialfor nursery production and associated landscape maintenance requirements, and improve predictions of ecological and economic costs/benefits of using non-traditional, drought-tolerant native plant material in residential landscapes.

Project Title: Assessing native plant material for use in ecologically sound, resource efficientresidential developments
Total Budget: $53,497
Timeline: September 2022 – August 2024
UCF Principal Investigator:	Patrick Bohlen, UCF Biology Department
Direct Sponsor Representative:	Richard Levey, Sunbridge Stewardship District

Overview of Collaborative Project
Three graduate students (one MS and two PhD), advised by Patrick Bohlen at UCF and Basil Iannone at UF, will contribute to the project’s research efforts. The landscape planting, which will be established in January, 2022, with include sixteen, 20 x 30-ft experimental plots within the planted area. All plots will have the same plant species planted in approximately equal quantities, although with slightly varying arrangements. To assess the effects of organic landscape amendments on plant growth and survival, eight plots will be amended with a custom

compost blend from Lifesoils® and eight will not. The plots will have two different irrigation regimes: eight plots will be regularly irrigated on a traditional irrigation schedule, and eight plotswill be irrigated only as needed for plant establishment and survival. This experimental design results in four treatments—regular irrigation with compost, regular irrigation without compost, and as needed irrigation with or without compost—which are arranged in a randomized block design (Figure 1). We will compare these treatments to determine whether irrigation regimes can be greatly reduced without affected the rigor of chosen native plant species. One PhD student working with Dr. Iannone at the University of Florida will monitor changes in soil fertility, and plant survival and growth in relation to the experimental treatments and other measured biodiversity indicators. The other PhD student, working in Dr. Bohlen’s lab at UCF, will collect data on ground-dwelling beetles or other soil dwelling invertebrates as ecological indicators of the response soil ecological communities to the compost and irrigation treatments. The activities of those two PhD students will be supported with resources that fall outside this scope of work, but they will contribute to overall objectives of the broader collaborative project. This scope focuses on the work of an MS student at UCF who will be responsible for evaluating pollinator communities in the experimental plots, and will help to coordinate and manage the project.

Tasks associated with this scope of work
The scope of work for UCF’s share of the collaborative project will focus mainly on evaluating the response of pollinator communities to the native landscape plantings and experimental treatments in the Boundary Planting, and providing oversight and coordination for the collaborative project. The specific tasks include: developing sampling protocols and methods; collecting field data, identifying samples, analyzing project data; reporting and publishing; communicating project objectives and outcomes; and managing and coordinating project activities in support of the broader collaboration. These tasks will be overseen by Dr. Bohlen inconjunction with the Master student supported by this project.

Task 1: Develop sampling methods and protocols
Determine which aspects of the pollinator community to evaluate, including which groups (e.g. whole community, bees and wasps, butterflies, etc.) and to what level of taxonomic resolution.
Determine which sampling methods to use for collecting data on target groups. These could include direct observation, sweep netting, pan trapping or other methods.
Develop and an approach and method for evaluating and comparing floral resources in the research plots.
Determine frequency of sampling for both pollinators and floral resources.

Task 2: Implement Field sampling and collect data
Sample plots with chosen methods at determined frequency beginning in 2022.
Collect field data through the 2023 growing season.

Task 3: Identify samples and create reference collection
Identify collected samples to highest possible resolution, seeking outside taxonomic support as needed.
Create a reference collection for the project and submit voucher specimens to the UCF Collection of Arthropods (UCFC) located in the Department of Biology

Task 4: Analyze and manage project data
Analyze collected data using appropriate statistical models and summarize results through visual and narrative summaries.
Coordinate analysis with other project data as needed.
Create a data management plan that includes submitting summary data with associated metadata to a permanent data repository.

Task 5: Publish, present, and communicate results
Complete a Master’s thesis summarizing the research, and submit a paper to a peer- reviewed scientific publication.
Contribute to other written materials or summaries for the projects, including extension documents, or popular articles.
Give public presentations, field tours, or engage in other public outreach to communicate the relevance and importance of the project.
Present results at professional scientific meetings.

Task 6: Assist with overall project coordination and management
Provide consistent oversight of research plots and help coordinate data collection and research activities.
Communicate with other team members and help resolve any problems or conflicts that emerge during project implementation.

Outcomes/Deliverables
The UCF PI will submit brief annual reports to the sponsor documenting progress on all of the tasks outlined above, and will submit a final report summarizing accomplishments and completion of tasks over the two-year funding cycle.
The MS student will successfully defend the MS research supported by this award, and will submit at least one paper to a peer-reviewed scientific journal.
The PI and student will contribute to at least one extension document that is related to the project, and will contribute to the transfer of research findings to real-world practices that can improve the sustainability of future land development.

Budget Justification
Direct Costs – Labor
A total of $32,244 is requested to support a graduate student labor over two years for a Master’s student whose thesis will focus on this project. The funding will cover a full year graduate research assistantship in the first year ($19,122) and two full semesters in the second year ($13,122) summer and one semester during the academic year). Dr. Bohlen effort for this project is subsumed within the PI's institutional research effort.
Fringe Benefits
Fringe benefits are based on a 2% rate for graduate research assistantships, for a total of $644.
Direct Costs – Materials and Supplies
A total of $1,921 is requested for purchasing sample collection and processing equipment and laboratory consumables over the project’s two-year timeframe.
Direct Costs – Travel
A total of $500 ($250 per year) is requested to cover reimbursement for travel to the field sites, based on 10 trips per year at 51-miles round trip, with a reimbursement rate of $0.445 per mile, plus $23 per year for tolls.
Other Direct Costs
Other direct costs are for tuition waiver for the 5 semesters of graduate student support on the project. This will amount to $8,872 for year 1 and $4,436 for year 2 for a total of $13,308.
Indirect costs
Indirect costs are based on the 10% overhead rate for Florida state agencies, as the Sunbridge Stewardship District is a special district created by the Florida legislature. The Sunbridge Stewardship District has an existing contract with the University of Florida to support a related scope of work on this same project, and that contracts includes a 10% indirect rate. Total indirect costs for the two-year project are $4,862, based on total direct costs of $ $48,617.

APPENDIX B: BUDGET

Pl Name: Patrick Bohlen
Agency: Sumnsbridge Stewardship District	Program: N/A
Proposal Title: Assessing native plant material for use in ecologically sound, resource efficient residential developmentsProject Dates: September 2022 - August 2024

Cumulative Budget

Budget Cost Category	

Months	

Effort	Funds Requested	
			Year 1	Year 2	
Total Project	
A. Direct Labor - Key Personnel						
Dr. Bohlen	0	5.00%	$	-	$	-	$	-	
Dr. XXX	0	0.00%	$	-	$	-	$	-	
Dr. XXX	0	0.00%	$	-	$	-	$	-	
Dr. XXX	0	0.00%	$	-	$	-	$	-	
						
Subtotal Salar			$	-	$	-	$	-	
Direct Labor - Other Personnel						
Post Doctoral Associate	0		$	-	$	-	$	-	
*Graduate Student (GAA	1		$	19,122	$	13,122	$	32,244	
**OPS Graduate Student	0				$	-	
**OPS Undergraduate Student	0		$	-	$	-	$	-	
OPS Adjunct and Non-Students	0		$	-	$	-	$	-	
						
Subtotal Other Personne			$	19,122	$	13,122	$	32,244	
IB. Fringe Benefits						
Faculty	31.00%		$	-	$	-	$	-	
Post Doc Associate	23.00%		$	-	$	-	$	-	
Students - Underarad and Grad, GRA and GTA	2.00%		$	382	$	262	$	644	
OPS Adiunct and Non-Students	14.00%		$	-	$	-	$	-	
						
Subtotal Fringe			$	382	$	262	$	644	
TotalLabor Costs (A+B)			$	19,504	$	13,384	$	32,888	
						
C. Direct Costs - Equipment					$	-	
						
D. Direct Costs - Travel						
Domestic Trave			$	250	$	250	$	500	
Foreign Trave			$	-	$	-	$	-	
Total Travel Costs			$	250	$	250	$	500	
						
F. Other Direct Costs						
Materials and Supplies			$	1,355	$	566	$	1,921	
Publication Cost			$	-	$	-	$	-	
Consultant Services			$	-	$	-	$	-	
ADP/Computer Services			$	-	$	-	$	-	
Subawards			$	-	$	-	$	-	
OCO or Facility Rental			$	-	$	-	$	-	
Tuition	1		$	8,872	$	4,436	$	13,308	
Othe			$	-	$	-	$	-	
Total Other Direct Costs			$	10,227	$	5,002	$	15,229	
G. Total Direct Costs (A+B+C+D+E+F)			$	29,981	$	18,636	$	48,617	
Total Direct Costs			$	29,981	$	18,636	$	48,617	
H. Indirect Costs	10%		$	2,998	$	1,864	$	4,862	
I. Total Direct and Indirect Costs (G+H)			$	32,979	$	20,500	$	53,479	

TOTAL CUMULATIVE BUDGET	 $	53,479	

1

V_04.17.20_LS

Sunbridge Stewardship District

Supplemental Engineer’s Report for Capital Improvements
– Del Webb Phases 1 & 2 Assessment Area

Sunbridge Stewardship District
SUPPLEMENTAL ENGINEER'S REPORT FOR CAPITAL IMPROVEMENTS – DEL WEBB PHASES 1 & 2 ASSESSMENT AREA
Osceola County, Florida

Prepared For
Sunbridge Stewardship District

Date
March 28, 2022

2602 East Livingston Street | Orlando, Florida 32803 | Tel: 407.487.2594 | www.poulosandbennett.com FBPE Certificate of Authorization No. 28567

TABLE OF CONTENTS

Section 1	Introduction	
Section 2	Government Actions	
Section 3	Infrastructure Benefit	
Section 4	Capital Improvement Plan	
Section 5	Ownership & Maintenance	
Section 6	Roadway Rights-of-Way, Stormwater Management Ponds & Other Open	
	Spaces	
Section 7	Estimate of Probable Capital Improvement Costs – Assessment Area	
Section 8	Conclusions and Summary Opinion	

Sunbridge Stewardship District
Supplemental Engineer’s Report for Capital Improvements – Del Webb Ph 1 & 2 2021 Assessment Area

EXHIBITS
Exhibit 1	Assessment Area Map

Exhibit 2	Master Roadway Infrastructure Map

Exhibits 2a	Master Roadway Typical Sections

Exhibits 2b	Master Roadway Typical Sections

Exhibit 3	Potable Water Distribution System Map

Exhibit 4	Reclaimed Water Distribution System Map

Exhibit 5	Wastewater System Map

Exhibit 6	Estimate of Probable Capital Improvement Costs

Exhibit 6a		Estimate of Probable Capital Improvement Costs - Detailed

Sunbridge Stewardship District
Supplemental Engineer’s Report for Capital Improvements – Del Webb Ph 1 & 2 2021 Assessment Area

Section 1	Introduction
Background and Purpose

The Sunbridge Stewardship District (the “District”) was established for the purpose of financing, acquiring or constructing, maintaining and operating a portion of the public infrastructure necessary for development of the lands within or outside the District. The purpose of the Engineer’s Report is to provide a description of the public infrastructure improvements to be provided by the District. The District will finance, acquire and/or, construct, operate, and maintain certain public infrastructure improvements that are needed to serve the development. A portion of the infrastructure improvements will be financed with the proceeds of bonds issued by the District.

The proposed public infrastructure improvements are necessary for the development of the lands within or outside the District as required by the applicable independent unit of local government.

This Supplemental Engineer’s Report – Del Webb Phases 1 & 2 2021 Assessment Area (“Report”) is to provide a description of the public infrastructure improvements within the anticipated Assessment Area and establish cost estimates for the bond series.

Cost Estimates contained in this report have been prepared based on the best available information at this time. The actual costs of construction, final engineering design, planning, approvals and permitting may vary from the cost estimates presented.

Location and General Description

The overall District consists of 19,560 +/- acres located in Osceola County, Florida. More specifically, the parcel is located within Sections 1-2, 11-14, 23-24, Township 25 South, Range 31 East as well as Sections 5-
8, 17-20, Township 25 South, Range 32 East.

The Development is for the Osceola County’s Northeast District Element (CPA09-009) effective on July 27, 2011 providing the comprehensive plan approval for the 19,140 +/- acres within the northeast zone of Osceola County. This comprehensive plan element provides the framework for development planned in the Northeast District Buildout Scenario consisting of residential units, commercial/office/industrial use, institutional/civic use, and hotel rooms.

Description of Land Use

The lands within the District encompass approximately 19,560 +\- acre. The lands within the Assessment Areas is approximately 438 acres which includes Cyrils Drive Phase 1, Del Webb Phases 1 & 2.

Sunbridge Stewardship District
Supplemental Engineer’s Report for Capital Improvements – Del Webb Ph 1 & 2 2021 Assessment Area

The anticipated Land Development Program within the Assessment Area planned by the land owners includes the following:

Assessment Area Development Program

Neighborhood	Single Family Units	Multi Family Units	
Civic (sf)	
Commercial (sf)	
Office (sf)	
Hotel (sf)	
Del Webb Phases 1 & 2 2021 Assessment Area	
Neighborhood G (Del
Webb) Phases 1 & 2	870	---	---	---	---	---	
TOTAL	870	0	0	0	0	0	

Section 2  Government Actions
The following are the permitting agencies that will have jurisdiction for approval of construction within the District. Depending on the location and scope of each phase of project design, the individual permits that need to be obtained will need to be evaluated and not all of the permits listed below will necessarily apply to every sub-phase within the District. The property is located in Osceola County.

Permitting Agencies & Permits Required

Osceola County
Concept Plan
Preliminary Subdivision Plan
Mass Grading
Site Development Plan
Building Permits
Final Plat

South Florida Water Management District (SFWMD)
Consumptive Use Permit (CUP)
Environmental Resource Permit
Conceptual Permit
Mass Grading/Master Stormwater Construction
Final Engineering for Onsite and Offsite Improvements
Water Use Permit (Dewatering)
Mass Grading/Master Storm
Final Engineering for Onsite and Offsite Improvements
Right-of-Way Utilization Permit

Toho Water Authority/Sunbridge Stewardship District
Water & Wastewater Treatment Plant
Master Utility Plan
Final Engineering for Water, Reclaim and Sewer Utilities

Sunbridge Stewardship District
Supplemental Engineer’s Report for Capital Improvements – Del Webb Ph 1 & 2 2021 Assessment Area

City of St. Cloud
FDEP Permit application review and signatures for interim interconnection for Water and Wastewater until the Water and Wastewater Treatment plants are constructed.

Florida Department of Environmental Protection (FDEP)
Water Treatment Plant
Water Distribution System
Wastewater Treatment Plant
Sanitary Sewer Collection and Transmission System
National Pollutant Discharge Elimination System (NPDES)

Federal Emergency Management Agency
Letter of Map Revision

Army Corp of Engineers
Dredge and Fill Permit
Section 408 Permit

Florida Fish and Wildlife Conservation Commission (FWC)

Section 3	Infrastructure Benefit
The District may fund, and in certain cases, maintain and operate public infrastructure yielding two types of public benefits. These benefits include:

Project wide public benefits
Incidental public benefits
The project wide public benefits are provided by infrastructure improvements that serve all lands in the District. These public infrastructure improvements include construction of the master stormwater management system, the sanitary sewer, potable water, and reclaimed water mains, roadway network, offsite roadway and utility improvements, recreational facilities, and perimeter landscape and irrigation improvements within or outside the District boundary. However, some incidental public benefits include those benefits received by the general public who do not necessarily reside on land owned or within the District.

The proposed capital improvements identified in this report are intended to provide specific benefit to the assessable real property within the boundaries of the District. As the entire property is currently undeveloped, the construction and maintenance of the proposed infrastructure improvements are necessary and will benefit the property for the intended use as a mixed use community. The District can construct, acquire, own, operate and/or maintain any portion or all of the proposed infrastructure. The Developer and/or other party/parties may construct and fund the infrastructure not funded by the District. The lands within the District may not be developed absent the implementation of the Capital Improvement Plan.

Section 4  Capital Improvement Plan
The District capital improvements will connect and interact with the adjacent offsite roads, potable water, reclaimed water, and wastewater systems. The proposed infrastructure includes the master stormwater management and drainage systems, master roadway improvements, and local utilities. Detailed descriptions of the proposed capital improvements are provided in the following sections and Exhibits 1 through Exhibit 5. Estimate of Probable Capital Improvement Costs Exhibits 6 and 6a, details the Cost Opinion for the

Sunbridge Stewardship District
Supplemental Engineer’s Report for Capital Improvements – Del Webb Ph 1 & 2 2021 Assessment Area

Assessment Area.

The Capital Improvement Plan will be constructed and financed in logical segments, as property within or outside the District is developed by the Developer. The District anticipates bonds to fund all or a portion of the Capital Improvement Plan.

Section 5  Ownership and Maintenance

Capital Improvements Plan	Ownership	Maintenance	
Master Infrastructure Roadways & Stormwater System	
Master Infrastructure Roadways & Related
Drainage	County/ District	County/ District	
Master Stormwater Management System	County/ District	County/ District	
Utility Lines	
Potable Water Distribution System	District	District	
Sanitary Sewer System (1)	District/TWA	District	
Reclaimed	Water	Distribution	System
(if financed by the District)	District	District	
Street Lighting/Electrical	Duke Energy/OUC	Duke Energy/OUC	

Section 6	Roadway	Rights-of-Way,	Stormwater	Management Ponds and Other Open Spaces
Real property interests for lands within or outside the District needed for construction, operation, and maintenance of District facilities will be conveyed and/or dedicated by the owner thereof to the District or other Public entity.

Section 7	Estimate of Probable Capital Improvement Costs – Assessment Area
The Estimate of Probable Capital Improvement Plan Costs for the Assessment Area is provided in Exhibits 6 and 6a and are summarized below. Costs associated with construction of the improvements described in this report have been estimated based on the best available information. Other soft costs include consultant fees associated with design, engineering, permitting, and construction administration for District capital improvements, regulatory permitting inspection fees and materials testing. In addition, a reasonable project contingency estimate has been included.

Please note that the costs are preliminary in nature and subject to change based on final engineering, permitting, and changes in the Concept Plan and construction cost due to market fluctuation.

Sunbridge Stewardship District
Supplemental Engineer’s Report for Capital Improvements – Del Webb Ph 1 & 2 2021 Assessment Area

Master Infrastructure Roadways and Stormwater System

Cyrils Drive: Segment 1 Absher to Del Webb Entrance
Designed as a 4-lane boulevard section.
The current design includes a transition from 2 lanes at existing Absher road to the 4-lane boulevard section just west of the Sunbridge boundary. This lane transition will require removal and replacement with the design and construction of Cyrils Drive: Narcoossee to Absher.
Cyrils Drive Segment 2.: Del Webb to Neighborhood C
Roadway segment includes a 4-lane boulevard section between Del Webb and the Intersection of Rummell Road and a Multi-modal 4 lane section which includes a wider median for future transit.
Box culverts and headwalls are required to provide drainage connection for the large wetland crossing.
Cyrils Drive: Narcoossee Intersection Improvements
Roadway segment includes improvements to the Intersection of Narcoossee Road and Cyrils Drive based on the 4 lane widening of Cyrils Drive between Narcoossee & Absher Road, turn lane improvements, and signalization.

Utility Lines

The water, reclaimed water, and wastewater transmission systems costs within the Assessment Areas are determined based on the line sizes constructed and depicted in Exhibits 3, 4, & 5.

Cyrils Drive (Absher to Del Webb) – Water, Reclaim, Wastewater
Cyrils Drive (Del Webb to Neighborhood C) – Water, Reclaim, Wastewater
Del Webb Utilities

Section 8	Conclusions and Summary Opinion
The Capital Improvement Plan as described is necessary for the functional development of the property within or outside the District as required by the applicable local governmental agencies. The planning and design of the infrastructure will be in accordance with current governmental regulatory requirements. The public infrastructure as described in this Report will serve its intended function provided the construction is in substantial compliance with the future design and permits which will be required by the District for the various jurisdictional entities outlined earlier in this report. In addition to the annual non-ad valorem assessments to be levied and collected to pay debt service on the proposed bonds, the District will levy and collect an annual operating and maintenance assessments to be determined, assessed and levied by the District's Board of Supervisors upon the assessable real property within the District, for the purpose of defraying the cost and expenses of maintaining District-owned improvements.

The construction costs for the District’s Capital Improvement Plan in this report are based generally on the Northeast District Element effective on July 27, 2011, Phase 1 concept plan dated September 18, 2019, and final engineering design for the respective projects. In our professional opinion, and to the best of our knowledge and belief, the costs provided herein for the District are reasonable to complete the construction of the infrastructure improvements described herein. All of the proposed infrastructure Capital Improvement Plan costs are public improvements or community facilities as set forth in chapter 2017-2201 Laws of Florida.

The summary of probable infrastructure construction costs within the Assessment Area is only an opinion and not a guaranteed maximum price. Historical costs, actual bids and information from other professionals

Sunbridge Stewardship District
Supplemental Engineer’s Report for Capital Improvements – Del Webb Ph 1 & 2 2021 Assessment Area

or contractors have been used in the preparation of this report. Contractors who have contributed in providing the cost data included in this report are reputable entities with experience in Central Florida. It is therefore our opinion that the construction of the proposed District Capital Improvement Plan can be completed at the costs as stated.

The labor market, future costs of equipment and materials, increased regulatory actions and requirements, and the actual construction process are all beyond our control. Due to this inherent opportunity for fluctuation in cost, the total final cost may be more or less than this opinion.

As District Engineer:
Poulos & Bennett, LLC

R. Lance Bennett, P.E.
State of Florida Professional Engineer No. 50698

Sunbridge Stewardship District
Supplemental Engineer’s Report for Capital Improvements – Del Webb Ph 1 & 2 2021 Assessment Area

Exhibits

LEGEND

DEL WEBB PHASE 1 & 2 ASSESSMENT AREA 2022

LAKE AJAY

LAKE HENDON

SUNBRIDGE BOUNDARY

LAKE MYRTLE

JACK BRACK ROAD

LAKE BULLOCK

Assessment Areas
Sunbridge Stewardship District	N
March 28, 2022
P & B Job No.: 18-203	Exhibit 1

SUNBRIDGE BOUNDARY

LAKE AJAY

DEL WEBB PHASE 1 & 2 ASSESSMENT AREA

LAKE HENDON

LAKE MYRTLE

					

					

JACK BRACK ROAD

LAKE BULLOCK

Assessment Areas - Master Roadway Infrastructure Map
Sunbridge Stewardship District	N

March 28, 2022
P & B Job No.: 18-203

Exhibit 2

1

TYPICAL ROAD SECTION (123' R/W)
N.T.S.

4

TYPICAL ROAD SECTION (BRIDGE)
N.T.S.

2

TYPICAL ROAD SECTION (130' R/W)
N.T.S.	5

TYPICAL ROAD SECTION (119' R/W)
N.T.S.

3

TYPICAL ROAD SECTION (164' R/W)
N.T.S.

TYPICAL ROAD SECTION (119' R/W)

6

N.T.S.

Assessment Areas - Roadway Sections
Sunbridge Stewardship District
March 17, 2022	2602 E. Livingston St.	www.poulosandbennett.com

P & B Job No.: 18-203

Orlando, Florida 32803- 407.487.2594	Certificate of Authorization No. 28567	Exhibit 2a

7

TYPICAL ROAD SECTION (129.5' R/W)
N.T.S.

10

TYPICAL ROAD SECTION (88' R/W)
N.T.S.

8

TYPICAL ROAD SECTION (68' R/W)
N.T.S.

11

TYPICAL ROAD SECTION (168' R/W)
N.T.S.

9

TYPICAL ROAD SECTION (128' R/W)
N.T.S.

Assessment Areas - Roadway Sections
Sunbridge Stewardship District
March 17, 2022	2602 E. Livingston St.	www.poulosandbennett.com
P & B Job No.: 18-203	Orlando, Florida 32803- 407.487.2594	Certificate of Authorization No. 28567	Exhibit 2b

SUNBRIDGE BOUNDARY

DEL WEBB PHASE 1 & 2
ASSESSMENT AREA

LAKE MYRTLE
LEGEND
TRANSMISSION MAINS

DISTRIBUTION MAINS

Jack Brack Road

LAKE BULLOCK

Assessment Areas - Potable Water Distribution System Map
Sunbridge Stewardship District	N

Exhibit 3

March 28, 2022	2602 E. Livingston St.	www.poulosandbennett.com
P & B Job No.: 18-203	Orlando, Florida 32803- 407.487.2594	Certificate of Authorization No. 28567

SUNBRIDGE BOUNDARY

DEL WEBB PHASE 1 & 2
ASSESSMENT AREA

LAKE MYRTLE

LEGEND
TRANSMISSION MAINS

DISTRIBUTION MAINS

JACK BRACK ROAD

LAKE BULLOCK

Assessment Areas - Reclaimed Water Distribution System Map
Sunbridge Stewardship District	N
March 28, 2022	2602 E. Livingston St.	www.poulosandbennett.com

P & B Job No.: 18-203

Orlando, Florida 32803- 407.487.2594	Certificate of Authorization No. 28567	Exhibit 4

SUNBRIDGE BOUNDARY

NORTHEAST
CONNECTOR	NEIGHBORHOOD	NEIGHBORHOOD (CR 538)		C		D

NEIGHBORHOOD
A/B	EMPLOYMENT

CYRILS EAST COMM
CTR

CENTER

 STAGE 1 STAGE 2

NEIGHBORHOOD E

DEL WEBB 1&2
BOUNDARY	LAKE MYRTLE

LEGEND
MASTER INFRASTRUCTURE

PROPOSED WASTEWATER	DEL WEBB INFRASTRUCTURE TREATMENT PLANT

Jack Brack Road

LAKE BULLOCK

Assessment Areas - Wastewater System Map
Sunbridge Stewardship District	N
March 28, 2022
P & B Job No.: 18-203	Exhibit 5

Exhibit 6

Sunbridge Stewardship District - Assessement Areas Estimate of Probable Capital Improvement Costs

Del Webb Ph 1 & 2 Assessment Area
Facility	Cost
Master Infrastructure Roadways and Stormwater System	
Master Roadways & Stormwater System	$	9,652,641	
Utility Lines	$	6,024,080	
Total	$	15,676,721

Notes:
All Cost are Preliminary Estimates and are subject to change based on actual bid prices. Also note that cost shown includes may include soft costs, including but not limited to Engineering, Legal, and Permitting as well as a 10% contingency depending on the stage of design & construction
Professional fees are included within each category.

Prepared3/23/22

Exhibit 6a
Sunbridge Stewardship District - Assessment Areas Estimate of Probable Capital Improvement Costs
Master Infrastructure Roadways and Stormwater System
	Del Webb Ph 1 & 2 Assessment Area Cost	

Roadway Segment	

Roadway Limits	

CIP Amount	Mobility Fee Credits from Osceola County (52% of County creditable
costs)4	
Del Webb Ph 1 & 2 Assessment Area Cost (Net CIP)	
A	Cyrils Dr: Absher to Del Webb	$	5,883,956	$	2,829,771	$	3,054,185	
C	Cyrils Dr: Del Webb to Neighborhood C	$	10,920,200	$	5,668,348	$	5,251,852	
I	Cyrils Drive - Narcoossee Intersection Improvements	$	2,800,000	$	1,453,396	$	1,346,604	
Total Master Infrastructure Roadways and Stormwater System Costs	$	9,652,641	

Utility Lines
Cyrils Dr: Absher to Del Webb (Water, Reclaim, Wastewater, undergrounding of
electrical facilities)			
$	
349,080	
Cyrils Dr: Del Webb to Neighborhood C (Water, Reclaim, Wastewater, undergrounding of electrical facilities)			
$	
1,325,000	
Del Webb Utilities (Water, Reclaim, Wastewater, undergrounding of electrical facilities)			
$	
4,350,000	
Utility Lines Total	$	6,024,080	

$	15,676,721

Total

Notes:

All Cost are Preliminary Estimates and are subject to change based on actual bid prices. Also note that cost shown includes may include soft costs, including but not limited to Engineering, Legal, and Permitting as well as a 10% contingency depending on the stage of design & construction
Professional fees are included within each category.
Prepared 3/23/22
Cyrils Drive Improvements are eligible for Reimbursement from Osceola County in the form of Mobility fee credits for 52% of the actual cost of design, permitting, and construction

Sunbridge Stewardship District

Amended and Restated Master Assessment Methodology Report
– Del Webb Ph 1 & Ph 2 Project Area

AMENDED AND RESTATED MASTER ASSESSMENT METHODOLOGY REPORT

DEL WEBB PH 1 & PH 2 PROJECT AREA

SUNBRIDGE STEWARDSHIP DISTRICT

April 2022

Prepared for:

Members of the Board of Supervisors, Sunbridge Stewardship District

Prepared on April 7, 2022

PFM Financial Advisors LLC
3051 Quadrangle Boulevard, Ste 270
Orlando, FL 32817

AMENDED AND RESTATED MASTER ASSESSMENT METHODOLOGY REPORT DEL WEBB PH 1 & PH 2 PROJECT AREA
SUNBRIDGE STEWARDHSIP DISTRICT

April 7, 2022

Introduction

Purpose

This “Amended and Restated Master Assessment Methodology” dated April 7, 2022 (“Methodology”), effectively amends and restates the District’s “Master Assessment Methodology Report,” dated December 5, 2019 (“Adopted Methodology”) in order to reflect an adjustment to the development program and its allocation of master assessments. The Methodology provides a system for the allocation of non-ad valorem special assessments securing the repayment of bond debt planned to be issued by the Sunbridge Stewardship District (“District”) to fund beneficial public infrastructure improvements and facilities within the Neighborhood G (Del Webb) Phase 1 and Phase 2 (“Del Webb Phases 1 & 2 Assessment Area”) within the District. The Methodology described herein has two goals: (1) quantifying the special benefits received by properties within the District as a result of the construction of the District’s improvements and facilities, and (2) equitably allocating the costs incurred by the District to provide these benefits to properties in the District.

The District plans to implement its Del Webb Phase 1 & 2 Capital Improvement Program (“Del Webb Phase 1 & 2 CIP”) that will allow for the development of property within the Del Webb Phases 1 & 2 Assessment Area. The District plans to fund the majority of its CIP through bond debt financing. This bond debt will be repaid from the proceeds of non-ad valorem special assessments levied by the District. These special assessments will serve as liens against properties within the boundary of Del Webb Phases 1 & 2 Assessment Area that receive a special benefit from the CIP. This Methodology is designed to conform to the requirements of Chapters 170, 197 of the Florida Statutes and Chapter 2005- 338, Laws of Florida, as amended with respect to special assessments and is consistent with our understanding of the case law on this subject.

Background

The District is an independent special district created pursuant to Chapter 2017-220, Laws of Florida, Acts of 2017, House Bill No. 1333 was established on June 6, 2017. The District encompasses approximately 19,560 acres in Osceola County. Del Webb Phases 1 & 2 Assessment Area comprises 438 acres within the District. The District Engineer’s report of March 28, 2022 (“Engineer’s Report”)1 provides a description of the area.

1 Poulos & Bennett (March 23, 2022) Sunbridge Stewardship District Supplemental Engineer’s Report Capital Improvements – Del Webb Phases 1 & 2 Assessment Area

This Methodology provides a methodology to allocate the debt over the approximately 438 acres within the Del Webb Phases 1 & 2 Assessment Area that will receive a special benefit from the installation of the District’s portion of the proposed CIP. It is the District’s debt-funded capital infrastructure improvements that will allow the development of the lands in Del Webb Phases 1 & 2 Assessment Area. By making development of the lands within Del Webb Phases 1 & 2 Assessment Area possible, the District creates benefits to these lands within the Del Webb Phases 1 & 2 Assessment Area. The methodology described herein allocates the District’s debt to the Del Webb Phases 1 & 2 Assessment Area lands based upon the benefits received from the infrastructure program.

Projected Land Use Plan for Del Webb Phases 1 & 2 Assessment Area

As detailed in the Engineer’s Report, the number of units permitted per the current development plan is 870 units. As further detailed, the current plan envisions the development of 870 residential units that will be developed by Pulte Del Webb, (“Developer”).

At the outset, the CIP is based on the land uses the Developer plans for the lands within Del Webb Phases 1 & 2 Assessment Area as shown in Table 1. Del Webb Phases 1 & 2 Assessment Area is planned for 870 residential units including villas and single family lots of various sizes; and the associated infrastructure detailed in the Del Webb Phase 1 & 2 CIP. Table 2, as provided in the Engineer’s Report, details an initial mix of residential product and phasing planned for Del Webb Phases 1 & 2 Assessment Area. However, until either: (a) parcels of land along with their development entitlements are sold by the landowner to the new landowner and entitlements conveyed or (b) plats are filed, the precise land uses are unknown.

Table 1. Development Plan for Del Webb Phases 1 & 2 Assessment Area

Category	 Del Webb Ph 1	 Del Webb Ph 2	 Total	
Villas (33')	88	90	178	
SF 40'	0	79	79	
SF 50'	202	182	384	
SF 65'	128	101	229	
TOTAL	418	452	870	
Source: Developer and District Engineer’s Report

Therefore, the District initially will impose assessments (“Assessments”) on a per gross acre basis on the unsold and unplatted properties within the Del Webb Phases 1 & 2 Assessment Area based on the land use plan outlined in Table 1 (or in any updates issued from time to time), and on any sold or platted property in accordance with its actual land use or contractual entitlement as transferred to the new landowner from the landowner.

There is one important proviso. The debt per acre on the properties that remain unplatted in Del Webb Phases 1 & 2 Assessment Area is not allowed to increase above its Ceiling Amount. The Ceiling Amount is set whenever the District issues debt. It is calculated by dividing the unplatted acres of the properties in Del Webb Phases 1 & 2 Assessment Area into the debt allocated to the unplatted properties. In addition, this requirement will be tested at four intervals based upon the percentage of total acres that are developed. The intervals are at 25%, 50%, 75% and 100% of the gross acres.

CIP - Infrastructure Installation

The District will acquire or construct its public infrastructure and improvements as outlined in the Engineer’s Report. The District infrastructure and improvements for the Del Webb Phase 1 & 2 CIP are presented in Table 2.

Table 2: District Engineer’s Estimated Costs for
The District’s Capital Improvement Program for Del Webb Phase 1 & 2 CIP

Category	Del Webb PH 1 & 2	
Master Roadways & Stormwater System	$9,652,641	
Utility Lines	$6,024,080	
Total
Source: District Engineer’s Report
(1)  Any costs outlined in the Engineer's Report not funded via Developer's Completion Agreement with the District.	$15,676,721

with bond proceeds will be funded by the Developer	

Requirements of a Valid Assessment Methodology

In PFM Financial Advisors LLC, the Assessment Consultant’s (“PFM” and/or “AC”) experience, there are two primary requirements for special assessments to be valid under Florida law. First, the properties assessed must receive a special benefit from the improvements paid for via the assessments. Second, the assessments must be fairly and reasonably allocated to the properties being assessed. If these two characteristics of valid special assessments are adhered to, Florida law provides some latitude to legislative bodies, such as the District’s Board of Supervisors, in approving special assessments. Indeed, Florida courts have found that the mathematical perfection of calculating special benefit is impossible, and, accordingly, a special assessment is valid as long as there is a logical relationship between the services provided and the benefit to real property. A court must give deference to the District’s determinations regarding the levy of special assessments, and such special assessments are only invalid if the District’s determinations are found to be arbitrary.

Special Benefits and General Benefits

Improvements undertaken by Del Webb Phases 1 & 2 Assessment Area create both special benefits and general benefits to property owners located within and surrounding Del Webb Phases 1 & 2 Assessment Area. However, in PFM’s opinion, the general benefits to the public at large are incidental in nature and are readily distinguishable from the special benefits which accrue to property located within Del Webb Phases 1 & 2 Assessment Area. It is Del Webb Phase 1 & 2 CIP that enables properties within Del Webb Phases 1 & 2 Assessment Area’s boundaries to be developed. Without Del Webb Phase 1 & 2 CIP there would be no infrastructure to support development of land within Del Webb Phases 1 & 2 Assessment Area. Without these improvements, development of property in Del Webb Phases 1 & 2 Assessment Area would not be permitted.

The new infrastructure improvements included in the CIP create both: (1) special benefits to the developable property within Del Webb Phases 1 & 2 Assessment Area and (2) general benefits to properties outside Del Webb Phases 1 & 2 Assessment Area. However, as discussed below, these general benefits are incidental in nature and are readily distinguishable from the special benefits which accrue to the developable property within Del Webb Phases 1 & 2 Assessment Area. The Del Webb Phase 1 & 2 CIP described in the District Engineer’s Report enables the developable property within Del Webb Phases 1 & 2 Assessment Area to be developed. Without the Del Webb Phase 1 & 2 CIP, there would be no infrastructure to support development of the developable property within Del Webb Phases 1 & 2 Assessment Area.

Demonstration of Benefit

As shown in Table 2, the estimated cost of the CIP is $15,676,721. The District plans to issue bonds to fund a portion of these costs, with total bond principal estimated at $20,230,000 (Table 4). There are an estimated 438 acres within the Del Webb Phases 1 & 2 Assessment Area. Therefore, the average cost of the District’s CIP, per assessable acre, is $46,187 on an as-financed basis. As discussed in more detail below, at the time all of the properties are developed according to the land plan in Table 2, the developed properties will have absorbed all of the debt that was initially allocated on a gross acre basis.

Therefore, the proper analysis of the special benefit to the properties in Del Webb Phases 1 & 2 Assessment Area planned for development is to compare the current value of the property to be developed to the expected future value of the property after the total CIP is installed. As demonstrated below, the installation of the infrastructure will generate benefits well in excess of its $46,187 per acre cost by boosting the market value of the now undeveloped property well above the current land value (as described below) plus the cost of the infrastructure.
Table 3 demonstrates the expected special benefit to the properties from the installation of the CIP. The development plan shown in Table 1 estimates 870 residential units. Since Del Webb Phases 1 & 2 Assessment Area comprises 438 gross acres, the plan is for a gross density of 1.99 units per acre.

Based on current market pricing provided by the current landowner, the estimated average market price of residential units to be developed in the District will be $470,000. On average, a finished building lot is valued at approximately 25% of the total home and lot package. This produces an estimated finished lot value of $117,500. The CIP has a total cost as financed of $20,230,000 for 870 lots, thus the cost to

produce a finished lot is $23,253. The market value of the land, as improved by the CIP, is then estimated as the difference between the value of the finished lot of $117,500 and the cost of the improvements per lot of $23,253 resulting in a residual value for the land, as improved, of $94,247 per lot. The foregoing market value is subject to change based on the final pricing details of the District’s bond issues and the market value of the homes to be built on the properties.

According to the Osceola County Property Appraiser, the 438 acres of land that comprise Del Webb Phase 1 & 2 has a land value of $7,132,884. The development program produces a density of 1.99 units per acre for a total of 870 lots, so the land value per lot for the lots is $8,199. Therefore, the District’s CIP will provide a special benefit to the Del Webb Phases 1 & 2 Assessment Area lands. The net increase in the market value of the lots once improved by the CIP is estimated at $86,048. Therefore, the net benefit in market value of the lots after deducting the cost of the land before the improvements is
$68,548 (i.e., $96,247 - $8,199 = $86,048). This demonstrates the special benefits generated by the CIP to the properties.

Table 3. Demonstration of Special Benefit for Lands in Del Webb Phases 1 & 2 Assessment Area

Category	Amount	
Acreage	438.00	
Bonds to Fund CIP	$20,230,000	

Debt/Acre	=========
$46,187	
Units	870	
Project Acreage	438.00	

Units/Acre	========
1.99	
Average Price*	$470,000	
Finished lot	$117,500	
Cost per lot	$23,253	

Remainder	========
$94,247	
Land Cost**	$7,132,884	
Acres	438.00	
Cost/Acre	$16,285	
Cost/DU/Lot	$8,199	

Net Benefit	========
$86,048	
Source: PFM Financial Advisors LLC; *average price provided by Developer
**Based on the 2021 assessed value of all assessable District land provided by the Osceola County Property Appraiser.

CIP Plan of Finance

The District has advised it intends to finance all or a portion of its CIP costs as detailed in Table 2 by issuing bonds. These bonds may be issued in several series, as development progresses within the District. A number of component funds comprise the total principal of the bonds to be issued by the District. These funds may include, but are not limited to, acquisition and construction costs, capitalized interest, a debt service reserve, underwriter’s discount, and issuance costs. The debt service reserve account is set initially at 100% of maximum annual debt service. The bond sizing includes two-years of capitalized interest. The underwriter’s discount was estimated at 2.0%. This allowance pays the underwriter for taking the risks involved in purchasing the District’s bonds. The cost of issuance pays for the trustee, financial advisor, district counsel and other costs associated with issuing the District's bonds.

An estimate of the bond issuance required to fund the District’s Del Webb Phase 1 & 2 CIP is found in Table 4. The construction/acquisition funds raised by the District's bonds may fund only a portion of the District's CIP. The balance of any remaining CIP costs will be funded by the Developer. As bonds are issued by the District over time, the District will adopt supplemental assessment methodology report(s) detailing the particulars of each specific bond issue. The supplemental report(s) will detail the terms, interest rates, and costs associated with a specific series of bonds. The supplemental report(s) will also detail the specific bond debt service assessments for properties that have been assessed to secure each bond issuance.

Table 4. Estimated District Bond Financing Details for Del Webb Phases 1 & 2 Assessment Area

Bond Fund	Total Bonds Value	
Construction/Acquisition Fund	$15,676,721	
Debt Service Reserve	$1,469,687	
Capitalized Interest	$2,427,600	
Costs of Issuance	$250,000	
Underwriter’s Discount	$404,600	
Rounding	$1,392	
Maximum Bond Principal	$20,230,000	

Average Annual Interest Rate:	6.00%	
Term (Years):	30	
Capitalized Interest (Months):	24	
Maximum Net Annual Debt Service:	$1,469,687	
Maximum Gross Annual Debt Service (1):	$1,563,497	
Source: PFM Financial Advisors LLC
Gross assessments represent the assessment placed on the County tax roll each year, if the District elects to use the Uniform Method of collecting non- ad valorem assessments authorized by Chapter 197 of the Florida Statutes. Gross assessments include a 6.0% gross-up to account for the fees of the County Property Appraiser and Tax Collector and the statutory early payment discount.

Assessment Methodology

Assessment Foundation

The assessment methodology associated with the allocation of the costs of the CIP is a four-step process. First, the District Engineer determines the costs for the District’s infrastructure and related improvements. Second, an estimate of the amount of bonds required to finance the infrastructure improvements is calculated. Third, the District Engineer outlines which parcels benefit from the provision of the infrastructure and improvements. Finally, the as-financed costs of the infrastructure and related improvements are allocated to the benefiting properties based on the approximate relative benefit each unit receives.

Allocation of Specific Assessments

The discussion offered below illustrates the process by which the District will allocate bond debt it incurs to fund its Del Webb Phase 1 & 2 CIP. The District’s maximum $20,230,000 of total bond debt is detailed in Table 5. The District’s bond debt will be secured primarily by special assessments allocated to properties in the District based on and proportional to the benefits that each property receives from the CIP. As described above, until such time as either: (a) properties are sold along with their entitlements or (b) plats are recorded; the specific land uses in the District are not known with certainty. Therefore, at the outset, the debt is allocated on an acreage basis across all benefited acres in the District totaling approximately 438 acres. As the sale and platting process unfolds, the District will more finely articulate the allocation of debt to benefiting properties based on their land uses.

As noted above, as long as two basic principles are adhered to, Florida law generally allows the District Board some latitude in determining the appropriate methodology to allocate the costs of its CIP to benefiting properties in the District. The two principles are: (1) the properties being assessed must receive a special benefit from the CIP and (2) the assessments allocated to each property must be fairly and reasonably apportioned among the benefiting properties.

In allocating special assessments to benefiting property, Florida governments have used a variety of methods including, but not limited to, front footage, area, trip rates, equivalent residential units (“ERU”), dwelling units, and acreage. These ERU values equate the benefit received by a stated amount of such particular land use category to the benefit received by a typical single-family residence. The use of ERU values to estimate the benefit derived from infrastructure improvements is recognized as a simple, fair, and reasonable method for apportioning benefit. The Florida Supreme Court concluded that the ERU method was a valid methodology in its decision in Winter Springs v. State.2 In addition, the ERU methodology is widely used in other similar CDDs.

Table 5 contains the allocation of the District’s CIP costs, as financed, to the Development Units planned for the District based on the ERU value assigned to each Development Unit. Table 6 shows the annual bond debt service assessments associated with the bond par allocations found in Table 5. Table 6 becomes important as the land within the District is platted, as specific bond debt service assessments will be assigned to the individual Development Units at that time.

2 City of Winter Springs v. State, 776 So.2d 255 (Fla 2003)

Table 5. Allocation of the Costs of the District’s Del Webb Phase 1 & 2 CIP, as Financed

Land Use	Units	ERU/Unit	ERUs	%ERU	Total Par Debt	Par Debt/Unit	
Villas (33')	178	0.66	117.5	13.6%	$2,755,885	$15,483	
SF 40'	79	0.80	63.2	7.3%	$1,482,567	$18,767	
SF 50'	384	1	384.0	44.5%	$9,008,001	$23,458	
SF 65'	229	1.30	297.7	34.5%	$6,983,547	$30,496	
TOTAL	870		862.4	100.0%	$20,230,000		
Source: PFM Financial Advisors LLC

Table 6. Summary of Annual Assessments

Land Use	Debt/Unit	Net Debt Service	Administrative Expenses	Total Debt Service	
Villas (33')	$15,483	$1,125	$72	$1,197	
SF 40'	$18,767	$1,363	$87	$1,450	
SF 50'	$23,458	$1,704	$109	$1,813	
SF 65'	$30,496	$2,215	$141	$2,357	
Source: PFM Financial Advisors LLC
Gross assessments represent the assessment placed on the County tax roll each year, if the District elects to use the Uniform Method of collecting non-ad valorem assessments authorized by Chapter 197 of the Florida Statutes. Gross assessments include a 6.0% gross-up to account for the fees of the County Property Appraiser and Tax Collector and the statutory early payment discount.

True-Up Mechanism

Although the District does not process plats, it does have an important role to play during the course of development. Whenever a parcel’s land use and development density and intensity is determined with sufficient certainty, the District must allocate a portion of its debt to the parcel according to the procedures outlined in Section 3.2 above. In addition, the District must also prevent any buildup of debt on land that has not yet been developed. Otherwise, the land could be fully subdivided without all of the debt being allocated.

To preclude this, a test is conducted when development thresholds are reached within the District. If the development at these thresholds does not cause the debt on the remaining land to increase above a debt “Ceiling Level” illustrated in Table 7 below, then no further action in necessary. However, if the debt on the remaining land does increase, a debt reduction payment will be necessary.

Phase 1 of the Del Webb Phases 1 & 2 Assessment Area has been platted in the amount of 417 platted lots for a planned 418 units in Phase 1. Currently parcel ID 11-25-31-5718-0001-0540 (includes lots 54 & 55). Thus, a portion of the Series 2022 Assessments will be allocated to the 418 planned and platted lots within Phase 1 upon issuance of the Series 2022 Bonds.

The ceiling level of debt is established at the time each series of bonds is issued. For example, the District plans to issue up to $20,230,000 Bonds to fund the Del Webb Phase 1 & 2 CIP. According to the Engineer’s Report, there are approximately 438 gross acres of land within the Del Webb Phases 1 & 2 Assessment Area. Based on the platting of the Phase 1 lots, the remaining Phase 2 unplatted 230+/- acres will initially be assigned an equal amount of the remaining unassigned bond debt assessments. The initial ceiling level of debt for gross acres within the unplatted acres within Phase 2 of the Del Webb Phases 1 & 2 Assessment Area is $44,381 per acre ($10,225,489 / 230). This ceiling level is based upon the best information available at the time of this report, is subject to change, and will only be finalized at the time of the District’s first bond issuance.

A test will be conducted when 25%, 50%, 75%, and 90% of the acreage as the District is developed. The ceiling amount of debt is determined at the time any District bond issuance is closed. Table 7 illustrates when the true-up test will be applied to determine if debt reduction payments are required. However, a true-up payment may be suspended at the District’s discretion. If the property owner can demonstrate to the District, and the District finds in its discretion (consistent with the opinion of the District Engineer), that all necessary land use approvals, including applicable zoning, can reasonably and economically support development totaling greater than or equal to 870 units for the District on the remaining unplatted developable acreage within the remaining acres, a true-up payment may be suspended.

Table 7. True- Up Thresholds, Phase 2 Lands

Category	25%	50%	75%	90%	100%	
Cumulative Acres	57.60	115.20	172.80	207.36	230.40	
Unallocated Acres	172.80	115.20	57.60	23.04	-	
Debt Ceiling per Acre	$44,381	$44,381	$44,381	$44,381	$44,381	
Source: PFM Financial Advisors LLC

In the event that additional land not currently subject to the assessments required to repay the debt associated with the CIP is developed in such a manner as to receive special benefit from the CIP, it is contemplated that this Methodology will be re-applied to include such new parcels. The additional land, as a result of applying this Methodology, will be allocated an appropriate share of the special assessments, with all previously-assessed parcels receiving a relative adjustment in their assessment levels.

4.0	Contribution of District Infrastructure and/or Improvements

The costs of the District’s CIP will likely be funded by two mechanisms. The first mechanism is the issuance of special assessment bonds. The second mechanism is the contribution of funds or CIP components to the District (“Contribution”). Property owners within the District will have the opportunity to make such a Contribution upon approval by the District.

A District property owner’s Contribution will give rise to assessment credits that can be applied by the property owner to reduce or eliminate bond debt service assessments that would otherwise be assigned to lands within the District to fund the costs of the CIP. Prior to a property owner reducing or eliminating bond debt service assessments through a Contribution, it must be shown that the improvements funded or contributed by the property owner are a component of the CIP, as outlined in the Engineer’s Report. The property owner will be permitted to apply assessment credits equal to the value of the Contribution plus the costs of financing the improvement(s) that would otherwise have been incurred by the District if the District were required to issue bonds to fund or acquire the improvement(s) (such that the property would not be responsible for bond financing costs if the Contribution was made prior to the District’s issuance of special assessment bonds). A property owner possessing assessment credits due to a Contribution will, in the District’s discretion, have the opportunity to use the assessment credits to adjust bond debt service assessment levels of Development Units.

5.0	Assessment Roll

Table 8 summarizes the assessment roll. Given the platting of Phase 1 lots, Exhibit A outline the maximum bond principal assessment per platted parcel and unplatted assessable acres for the lands within Del Webb Phases 1 & 2 Assessment Area. The assessments shall be paid in not more than thirty
(30) annual installments.

Table 8. Assessment Roll

Category	
Lots - Assessable Acreage	
Bond Principal Assessment	Bond Principal Assessment
per Acre	Net Total
Bond Annual Assessment	
Net Annual Assessment
per Acre	Bond Gross
Annual Assessment
(1)	Bond Gross
Annual Assessment per Acre (1)	
Phase 1 Platted Lots -								
Exhibit A (lots)	418	$10,004,511	-	$725,692	-	$772,013	-	
112531000000130000 -								
Exhibit A (PH 2 acres)	127	$5,654,198	$44,381	$411,393	$3,229	$437,652	$3,435.26	
112531000000140000 -								
Exhibit A (PH 2 acres)	103	$4,571,291	$44,381	$332,602	$3,229	$353,832	$3,435.26	
TOTAL		$20,230,000		$1,469,687		$1,563,497		
Source: PFM Financial Advisors LLC
Gross assessments represent the assessment placed on the County tax roll each year, if the District elects to use the Uniform Method of collecting non-ad valorem assessments authorized by Chapter 197 of the Florida Statutes. Gross assessments include a 6.0% gross-up to account for the fees of the County Property Appraiser and Tax Collector and the statutory early payment discount.

Exhibit A Assessment Roll

PARCELNO	
Acres	
DORDesc	
PropertyAd	
Category	
Series 2022 Principal	Series 2022
Assessment (Net)	Series 2022
Assessment (Gross)	
SubName	
112531000000130000	127.4	NO AG ACREAGE-VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Vacant - Residential	$5,654,198	$411,393.30	$437,652.44	PH 2	
112531000000140000	103	NO AG ACREAGE-VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Vacant - Residential	$4,571,291	$332,602.12	$353,832.04	PH 2	
112531571800010N20	1.23	RESIDENTIAL COMMON ELEMENTS/AREA VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010M20	1.27	RESIDENTIAL COMMON ELEMENTS/AREA VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010J10	6.4	RESIDENTIAL COMMON ELEMENTS/AREA VAC	CITRUS GROVE CT, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010O20	0.48	RESIDENTIAL COMMON ELEMENTS/AREA VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010K10	5.54	RESIDENTIAL COMMON ELEMENTS/AREA VAC	CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010P20	0.43	RESIDENTIAL COMMON ELEMENTS/AREA VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010R20	0.39	RESIDENTIAL COMMON ELEMENTS/AREA VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010L10	1.15	RESIDENTIAL COMMON ELEMENTS/AREA VAC	CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010B10	4.14	RESIDENTIAL COMMON ELEMENTS/AREA VAC	ORCHARD VIEW ST, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010S20	0.36	RESIDENTIAL COMMON ELEMENTS/AREA VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010N10	1.24	RESIDENTIAL COMMON ELEMENTS/AREA VAC	ORCHARD VIEW ST, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010M10	8.7	RESIDENTIAL COMMON ELEMENTS/AREA VAC	CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010A10	5.22	RESIDENTIAL COMMON ELEMENTS/AREA VAC	CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010O10	2.94	RESIDENTIAL COMMON ELEMENTS/AREA VAC	ORCHARD VIEW ST, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010A30	1.33	RESIDENTIAL COMMON ELEMENTS/AREA VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010Q20	0.31	RESIDENTIAL COMMON ELEMENTS/AREA VAC	BLUE POND WAY, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010U20	0.08	RESIDENTIAL COMMON ELEMENTS/AREA VAC	ORCHARD VIEW ST, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010V20	0.06	RESIDENTIAL COMMON ELEMENTS/AREA VAC	ORCHARD VIEW ST, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010G20	0.14	RESIDENTIAL COMMON ELEMENTS/AREA VAC	ORCHARD VIEW ST, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010T20	0.13	RESIDENTIAL COMMON ELEMENTS/AREA VAC	ORCHARD VIEW ST, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010C10	6.29	RESIDENTIAL COMMON ELEMENTS/AREA VAC	ORCHARD VIEW ST, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571900010N30	1.13	RESIDENTIAL COMMON ELEMENTS/AREA VAC	CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1C	
11253157190001RW20	2.77	RESIDENTIAL COMMON ELEMENTS/AREA VAC	CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1C	
112531572000010L20	12.45	RESIDENTIAL COMMON ELEMENTS/AREA VAC	2600 DEL WEBB BLVD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1D	
11253157200001RW40	1.21	RESIDENTIAL COMMON ELEMENTS/AREA VAC	RIVER CREEK LN, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000010C20	11.7	RESIDENTIAL COMMON ELEMENTS/AREA VAC	RIVER CREEK LN, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000010A50	5.61	RESIDENTIAL COMMON ELEMENTS/AREA VAC	MOSSY OAK RD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1D	
11253157200001RW50	3.75	RESIDENTIAL COMMON ELEMENTS/AREA VAC	PIN RESERVE CT, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000010D30	0.29	RESIDENTIAL COMMON ELEMENTS/AREA VAC	MOSSY OAK RD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1D	
112531571800010R10	4.16	RESIDENTIAL COMMON ELEMENTS/AREA VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
11253157180001RW10	20.86	RESIDENTIAL COMMON ELEMENTS/AREA VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010B30	0.76	RESIDENTIAL COMMON ELEMENTS/AREA VAC	DEL WEBB BLVD, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1	
112531572100010I10	1.39	RESIDENTIAL COMMON ELEMENTS/AREA VAC	BLUE POND WAY, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010M30	1.51	RESIDENTIAL COMMON ELEMENTS/AREA VAC	CITRUS GROVE CT, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010I20	1.08	RESIDENTIAL COMMON ELEMENTS/AREA VAC	CITRUS GROVE CT, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1E	
11253157210001RW60	2.25	RESIDENTIAL COMMON ELEMENTS/AREA VAC	CITRUS GROVE CT, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010B20	6.15	RESIDENTIAL COMMON ELEMENTS/AREA VAC	BLUE POND WAY, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1E	
112531571900010A40	3.67	RESIDENTIAL COMMON ELEMENTS/AREA VAC	CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Common Area	$0	$0.00	$0.00	DEL WEBB SUNBRIDGE PH 1C	
112531571800010010	0.17	VACANT	6229 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010020	0.19	SINGLE FAMILY-IMPROVED	6221 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800010030	0.19	SINGLE FAMILY-IMPROVED	6213 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800010040	0.14	SINGLE FAMILY-IMPROVED	6209 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010050	0.17	VACANT	6205 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010060	0.18	VACANT	6201 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010070	0.18	VACANT	6197 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010080	0.18	VACANT	6193 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	

PARCELNO	
Acres	
DORDesc	
PropertyAd	
Category	
Series 2022 Principal	Series 2022
Assessment (Net)	Series 2022
Assessment (Gross)	
SubName	
112531571800010490	0.33	SINGLE FAMILY-IMPROVED	6200 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010500	0.14	SINGLE FAMILY-IMPROVED	6208 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010510	0.14	SINGLE FAMILY-IMPROVED	6212 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010520	0.09	SINGLE FAMILY-IMPROVED	6216 CITRUS GROVE CT, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800010530	0.09	SINGLE FAMILY-IMPROVED	6220 CITRUS GROVE CT, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800010540	0.19	VACANT (double lot per aerial)	6224 CITRUS GROVE CT, SAINT CLOUD FL 34771	Villas (33')	$30,965	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800010560	0.14	VACANT	6232 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010570	0.14	VACANT	6236 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010580	0.14	SINGLE FAMILY-IMPROVED	6240 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010590	0.15	SINGLE FAMILY-IMPROVED	6244 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010600	0.15	SINGLE FAMILY-IMPROVED	6248 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010610	0.15	SINGLE FAMILY-IMPROVED	6252 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010620	0.14	SINGLE FAMILY-IMPROVED	6256 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010630	0.14	SINGLE FAMILY-IMPROVED	6260 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010640	0.14	SINGLE FAMILY-IMPROVED	6264 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010650	0.14	SINGLE FAMILY-IMPROVED	6268 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010660	0.17	SINGLE FAMILY-IMPROVED	6272 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010670	0.14	SINGLE FAMILY-IMPROVED	6177 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010680	0.17	SINGLE FAMILY-IMPROVED	6169 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010690	0.16	SINGLE FAMILY-IMPROVED	6165 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010700	0.21	SINGLE FAMILY-IMPROVED	6161 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010710	0.21	SINGLE FAMILY-IMPROVED	6157 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010720	0.17	SINGLE FAMILY-IMPROVED	6153 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010920	0.19	SINGLE FAMILY-IMPROVED	6160 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010930	0.17	SINGLE FAMILY-IMPROVED	6164 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010940	0.16	SINGLE FAMILY-IMPROVED	6168 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010950	0.15	SINGLE FAMILY-IMPROVED	6172 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010960	0.14	SINGLE FAMILY-IMPROVED	6176 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010970	0.14	SINGLE FAMILY-IMPROVED	6180 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010980	0.17	SINGLE FAMILY-IMPROVED	6184 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800010990	0.21	SINGLE FAMILY-IMPROVED	6125 SANDY SPRINGS CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011000	0.18	SINGLE FAMILY-IMPROVED	6121 SANDY SPRINGS CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011010	0.18	SINGLE FAMILY-IMPROVED	6117 SANDY SPRINGS CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011020	0.18	VACANT	6113 SANDY SPRINGS CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011030	0.21	SINGLE FAMILY-IMPROVED	6109 SANDY SPRINGS CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011040	0.31	SINGLE FAMILY-IMPROVED	6101 SANDY SPRINGS CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011050	0.33	SINGLE FAMILY-IMPROVED	6100 SANDY SPRINGS CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011060	0.32	SINGLE FAMILY-IMPROVED	6104 SANDY SPRINGS CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011070	0.22	SINGLE FAMILY-IMPROVED	6108 SANDY SPRINGS CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011080	0.23	SINGLE FAMILY-IMPROVED	6112 SANDY SPRINGS CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011090	0.21	SINGLE FAMILY-IMPROVED	6116 SANDY SPRINGS CT, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011100	0.27	SINGLE FAMILY-IMPROVED	2778 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011110	0.22	SINGLE FAMILY-IMPROVED	2774 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011120	0.24	SINGLE FAMILY-IMPROVED	2770 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011130	0.28	VACANT	2766 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011140	0.23	SINGLE FAMILY-IMPROVED	2762 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011150	0.19	SINGLE FAMILY-IMPROVED	2758 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011160	0.19	SINGLE FAMILY-IMPROVED	2754 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	

PARCELNO	
Acres	
DORDesc	
PropertyAd	
Category	
Series 2022 Principal	Series 2022
Assessment (Net)	Series 2022
Assessment (Gross)	
SubName	
112531571800011170	0.21	SINGLE FAMILY-IMPROVED	2750 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011180	0.21	SINGLE FAMILY-IMPROVED	2746 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011190	0.19	SINGLE FAMILY-IMPROVED	2742 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011200	0.19	SINGLE FAMILY-IMPROVED	2738 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011210	0.19	SINGLE FAMILY-IMPROVED	2734 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011220	0.19	SINGLE FAMILY-IMPROVED	2730 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011230	0.2	SINGLE FAMILY-IMPROVED	2726 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011510	0.18	VACANT	2727 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011520	0.19	SINGLE FAMILY-IMPROVED	2731 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011530	0.19	VACANT	2735 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011540	0.19	SINGLE FAMILY-IMPROVED	2739 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011550	0.19	SINGLE FAMILY-IMPROVED	2743 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011560	0.19	SINGLE FAMILY-IMPROVED	2747 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011570	0.19	SINGLE FAMILY-IMPROVED	2751 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011580	0.19	VACANT	2755 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011590	0.25	VACANT	2767 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011600	0.19	SINGLE FAMILY-IMPROVED	2771 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011610	0.19	SINGLE FAMILY-IMPROVED	2775 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011620	0.19	SINGLE FAMILY-IMPROVED	2779 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011630	0.18	SINGLE FAMILY-IMPROVED	2783 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011640	0.18	SINGLE FAMILY-IMPROVED	2787 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800011650	0.14	SINGLE FAMILY-IMPROVED	2791 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011660	0.14	SINGLE FAMILY-IMPROVED	2795 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011670	0.17	SINGLE FAMILY-IMPROVED	2799 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011680	0.19	VACANT	6273 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011690	0.14	VACANT	6269 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011700	0.14	VACANT	6265 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011710	0.14	SINGLE FAMILY-IMPROVED	6261 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011720	0.14	SINGLE FAMILY-IMPROVED	6257 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011730	0.17	SINGLE FAMILY-IMPROVED	6253 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011740	0.17	VACANT	6249 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011750	0.17	VACANT	6245 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011760	0.14	SINGLE FAMILY-IMPROVED	6241 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800011770	0.2	SINGLE FAMILY-IMPROVED	6237 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800012300	0.13	VACANT	2765 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800012310	0.12	VACANT	2761 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800012320	0.12	SINGLE FAMILY-IMPROVED	2757 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800012330	0.12	SINGLE FAMILY-IMPROVED	2753 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800012340	0.13	SINGLE FAMILY-IMPROVED	2749 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800012350	0.15	SINGLE FAMILY-IMPROVED	2745 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800012360	0.15	VACANT	2741 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800012370	0.16	VACANT	2737 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800012380	0.19	SINGLE FAMILY-IMPROVED	2733 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800012390	0.16	SINGLE FAMILY-IMPROVED	2729 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800012400	0.2	SINGLE FAMILY-IMPROVED	2793 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800012410	0.14	SINGLE FAMILY-IMPROVED	2789 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800012420	0.14	SINGLE FAMILY-IMPROVED	2785 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800012430	0.14	SINGLE FAMILY-IMPROVED	2781 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	

PARCELNO	
Acres	
DORDesc	
PropertyAd	
Category	
Series 2022 Principal	Series 2022
Assessment (Net)	Series 2022
Assessment (Gross)	
SubName	
112531571800012440	0.16	SINGLE FAMILY-IMPROVED	2777 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800012450	0.17	SINGLE FAMILY-IMPROVED	2773 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800012460	0.19	SINGLE FAMILY-IMPROVED	2769 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800012470	0.21	SINGLE FAMILY-IMPROVED	2765 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012480	0.24	SINGLE FAMILY-IMPROVED	2761 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012490	0.21	SINGLE FAMILY-IMPROVED	2757 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012500	0.2	SINGLE FAMILY-IMPROVED	2753 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800012510	0.19	SINGLE FAMILY-IMPROVED	2749 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800012520	0.25	SINGLE FAMILY-IMPROVED	2745 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012530	0.23	SINGLE FAMILY-IMPROVED	2741 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012540	0.19	SINGLE FAMILY-IMPROVED	2737 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012550	0.22	SINGLE FAMILY-IMPROVED	2733 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012560	0.26	SINGLE FAMILY-IMPROVED	2729 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012920	0.18	SINGLE FAMILY-IMPROVED	2728 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012930	0.18	SINGLE FAMILY-IMPROVED	2732 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012940	0.18	SINGLE FAMILY-IMPROVED	2736 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012950	0.18	SINGLE FAMILY-IMPROVED	2740 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012960	0.2	SINGLE FAMILY-IMPROVED	2744 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1	
112531571800012970	0.16	SINGLE FAMILY-IMPROVED	2748 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800012980	0.14	SINGLE FAMILY-IMPROVED	2752 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800012990	0.14	SINGLE FAMILY-IMPROVED	2756 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013000	0.18	SINGLE FAMILY-IMPROVED	2760 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013010	0.2	SINGLE FAMILY-IMPROVED	2768 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013020	0.16	SINGLE FAMILY-IMPROVED	2780 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013030	0.14	SINGLE FAMILY-IMPROVED	2784 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013040	0.14	SINGLE FAMILY-IMPROVED	2788 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013050	0.22	SINGLE FAMILY-IMPROVED	2792 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013060	0.14	VACANT	2700 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013070	0.14	SINGLE FAMILY-IMPROVED	2704 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013080	0.14	SINGLE FAMILY-IMPROVED	2708 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013090	0.14	SINGLE FAMILY-IMPROVED	2712 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013100	0.17	SINGLE FAMILY-IMPROVED	2716 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013110	0.2	SINGLE FAMILY-IMPROVED	2720 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013120	0.2	SINGLE FAMILY-IMPROVED	2724 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013130	0.13	SINGLE FAMILY-IMPROVED	2728 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013140	0.13	SINGLE FAMILY-IMPROVED	2732 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013150	0.12	SINGLE FAMILY-IMPROVED	2740 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013160	0.1	SINGLE FAMILY-IMPROVED	2748 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013170	0.1	SINGLE FAMILY-IMPROVED	2752 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013180	0.1	SINGLE FAMILY-IMPROVED	2756 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013190	0.1	SINGLE FAMILY-IMPROVED	2760 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013200	0.1	SINGLE FAMILY-IMPROVED	2764 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013730	0.1	SINGLE FAMILY-IMPROVED	3044 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013740	0.1	SINGLE FAMILY-IMPROVED	3048 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013750	0.1	SINGLE FAMILY-IMPROVED	3052 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013760	0.13	SINGLE FAMILY-IMPROVED	3056 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800013770	0.17	SINGLE FAMILY-IMPROVED	2817 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013780	0.14	VACANT	2813 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	

PARCELNO	
Acres	
DORDesc	
PropertyAd	
Category	
Series 2022 Principal	Series 2022
Assessment (Net)	Series 2022
Assessment (Gross)	
SubName	
112531571800013790	0.14	SINGLE FAMILY-IMPROVED	2809 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013800	0.14	SINGLE FAMILY-IMPROVED	2805 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013810	0.14	SINGLE FAMILY-IMPROVED	2801 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013820	0.14	SINGLE FAMILY-IMPROVED	2797 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013830	0.15	SINGLE FAMILY-IMPROVED	2793 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013840	0.15	SINGLE FAMILY-IMPROVED	2789 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013850	0.15	SINGLE FAMILY-IMPROVED	2785 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800013860	0.18	SINGLE FAMILY-IMPROVED	2781 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800014220	0.2	SINGLE FAMILY-IMPROVED	2784 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800014230	0.15	SINGLE FAMILY-IMPROVED	2788 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800014240	0.16	SINGLE FAMILY-IMPROVED	2792 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800014250	0.15	SINGLE FAMILY-IMPROVED	2796 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800014260	0.15	SINGLE FAMILY-IMPROVED	2800 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800014270	0.15	SINGLE FAMILY-IMPROVED	2804 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800014280	0.15	SINGLE FAMILY-IMPROVED	2808 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800014290	0.15	SINGLE FAMILY-IMPROVED	2812 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800014300	0.2	SINGLE FAMILY-IMPROVED	2816 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1	
112531571800014310	0.12	SINGLE FAMILY-IMPROVED	3057 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800014320	0.09	SINGLE FAMILY-IMPROVED	3053 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800014330	0.09	SINGLE FAMILY-IMPROVED	3049 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571800014340	0.09	SINGLE FAMILY-IMPROVED	3045 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1	
112531571900011780	0.13	SINGLE FAMILY-IMPROVED	2977 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011790	0.1	SINGLE FAMILY-IMPROVED	2973 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011800	0.11	VACANT	2969 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011810	0.1	VACANT	2965 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011820	0.1	VACANT	2961 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011830	0.09	VACANT	2957 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011840	0.09	VACANT	2953 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011850	0.11	VACANT	2949 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011860	0.12	VACANT	2945 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011870	0.13	VACANT	2941 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011880	0.12	VACANT	2937 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011890	0.12	VACANT	2933 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011900	0.12	VACANT	2929 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011910	0.12	VACANT	2925 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011920	0.12	VACANT	2921 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011930	0.12	VACANT	2917 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011940	0.12	VACANT	2913 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011950	0.11	VACANT	2909 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900011960	0.19	SINGLE FAMILY-IMPROVED	2905 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900011980	0.18	SINGLE FAMILY-IMPROVED	2897 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012000	0.18	SINGLE FAMILY-IMPROVED	2889 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012020	0.22	SINGLE FAMILY-IMPROVED	2881 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012040	0.26	SINGLE FAMILY-IMPROVED	2873 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012060	0.25	SINGLE FAMILY-IMPROVED	2865 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012080	0.25	SINGLE FAMILY-IMPROVED	2857 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012100	0.26	SINGLE FAMILY-IMPROVED	2849 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012120	0.26	SINGLE FAMILY-IMPROVED	2841 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	

PARCELNO	
Acres	
DORDesc	
PropertyAd	
Category	
Series 2022 Principal	Series 2022
Assessment (Net)	Series 2022
Assessment (Gross)	
SubName	
112531571900012140	0.24	SINGLE FAMILY-IMPROVED	2833 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012160	0.27	SINGLE FAMILY-IMPROVED	2825 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012180	0.27	SINGLE FAMILY-IMPROVED	2817 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012200	0.2	SINGLE FAMILY-IMPROVED	2809 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012220	0.21	SINGLE FAMILY-IMPROVED	2801 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012240	0.23	SINGLE FAMILY-IMPROVED	2785 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012260	0.22	SINGLE FAMILY-IMPROVED	2777 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900012280	0.22	SINGLE FAMILY-IMPROVED	2769 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013220	0.19	SINGLE FAMILY-IMPROVED	2768 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013240	0.23	SINGLE FAMILY-IMPROVED	2776 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013260	0.23	SINGLE FAMILY-IMPROVED	2784 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013280	0.2	SINGLE FAMILY-IMPROVED	2792 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013300	0.19	SINGLE FAMILY-IMPROVED	2800 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013320	0.19	SINGLE FAMILY-IMPROVED	2808 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013340	0.22	SINGLE FAMILY-IMPROVED	2816 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013360	0.22	SINGLE FAMILY-IMPROVED	2824 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013380	0.29	SINGLE FAMILY-IMPROVED	2840 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013400	0.32	SINGLE FAMILY-IMPROVED	2872 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013420	0.19	SINGLE FAMILY-IMPROVED	2888 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013440	0.19	SINGLE FAMILY-IMPROVED	2896 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013460	0.23	SINGLE FAMILY-IMPROVED	2904 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1C	
112531571900013470	0.15	VACANT	2920 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013480	0.15	VACANT	2936 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013490	0.14	VACANT	2948 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013500	0.1	VACANT	2952 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013510	0.1	VACANT	2956 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013520	0.1	VACANT	2960 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013530	0.1	VACANT	2964 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013540	0.1	VACANT	2968 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013550	0.1	VACANT	2972 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013560	0.1	VACANT	2976 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013570	0.1	VACANT	2980 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013580	0.11	VACANT	2984 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013590	0.11	SINGLE FAMILY-IMPROVED	2988 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013600	0.09	SINGLE FAMILY-IMPROVED	2992 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013610	0.09	SINGLE FAMILY-IMPROVED	2996 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013620	0.09	SINGLE FAMILY-IMPROVED	3000 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013630	0.09	SINGLE FAMILY-IMPROVED	3004 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013640	0.09	SINGLE FAMILY-IMPROVED	3008 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013650	0.09	SINGLE FAMILY-IMPROVED	3012 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013660	0.09	SINGLE FAMILY-IMPROVED	3016 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013670	0.09	SINGLE FAMILY-IMPROVED	3020 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013680	0.09	SINGLE FAMILY-IMPROVED	3024 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013690	0.09	SINGLE FAMILY-IMPROVED	3028 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013700	0.09	SINGLE FAMILY-IMPROVED	3032 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013710	0.09	SINGLE FAMILY-IMPROVED	3036 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900013720	0.09	SINGLE FAMILY-IMPROVED	3040 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014350	0.09	SINGLE FAMILY-IMPROVED	3041 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	

PARCELNO	
Acres	
DORDesc	
PropertyAd	
Category	
Series 2022 Principal	Series 2022
Assessment (Net)	Series 2022
Assessment (Gross)	
SubName	
112531571900014360	0.09	SINGLE FAMILY-IMPROVED	3037 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014370	0.09	SINGLE FAMILY-IMPROVED	3033 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014380	0.09	SINGLE FAMILY-IMPROVED	3029 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014390	0.09	SINGLE FAMILY-IMPROVED	3025 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014400	0.09	SINGLE FAMILY-IMPROVED	3021 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014410	0.09	SINGLE FAMILY-IMPROVED	3017 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014420	0.09	SINGLE FAMILY-IMPROVED	3013 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014430	0.09	VACANT	3009 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014440	0.09	VACANT	3005 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014450	0.09	VACANT	3001 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014460	0.09	VACANT	2997 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014470	0.09	VACANT	2993 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531571900014480	0.14	VACANT	2989 CHERRY BLOSSOM LOOP, SAINT CLOUD FL 34771	Villas (33')	$15,483	$1,124.79	$1,196.58	DEL WEBB SUNBRIDGE PH 1C	
112531572000011240	0.21	SINGLE FAMILY-IMPROVED	2722 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000011250	0.2	SINGLE FAMILY-IMPROVED	2718 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000011260	0.21	SINGLE FAMILY-IMPROVED	2714 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000011270	0.21	SINGLE FAMILY-IMPROVED	2710 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000011280	0.22	VACANT	2706 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000011290	0.17	VACANT	2702 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011300	0.18	VACANT	2698 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011310	0.2	VACANT	2694 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011320	0.19	VACANT	2690 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011330	0.18	VACANT	2686 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011340	0.19	VACANT	2682 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011350	0.29	VACANT	2678 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011360	0.24	VACANT	2674 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011370	0.14	VACANT	2661 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011380	0.14	VACANT	2665 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011390	0.23	VACANT	2679 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011400	0.17	VACANT	2683 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011410	0.15	VACANT	2687 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011420	0.14	VACANT	2691 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011430	0.14	VACANT	2695 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011440	0.14	SINGLE FAMILY-IMPROVED	2699 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011450	0.14	VACANT	2703 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011460	0.14	SINGLE FAMILY-IMPROVED	2707 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000011470	0.18	SINGLE FAMILY-IMPROVED	2711 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000011480	0.18	SINGLE FAMILY-IMPROVED	2715 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000011490	0.18	SINGLE FAMILY-IMPROVED	2719 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000011500	0.18	SINGLE FAMILY-IMPROVED	2723 RIVER CREEK LN, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012570	0.3	VACANT	2725 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012580	0.31	VACANT	2721 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012590	0.26	VACANT	2717 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012600	0.21	VACANT	2713 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012610	0.26	VACANT	2709 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012620	0.28	VACANT	6301 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012630	0.29	VACANT	6305 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012640	0.21	VACANT	6309 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	

PARCELNO	
Acres	
DORDesc	
PropertyAd	
Category	
Series 2022 Principal	Series 2022
Assessment (Net)	Series 2022
Assessment (Gross)	
SubName	
112531572000012650	0.18	VACANT	6321 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012660	0.19	VACANT	6325 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012670	0.19	VACANT	6329 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012680	0.19	VACANT	6333 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012690	0.2	VACANT	6337 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012700	0.22	VACANT	6341 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012710	0.24	VACANT	6345 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012720	0.27	VACANT	6349 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012730	0.26	VACANT	6348 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012740	0.21	VACANT	6344 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012750	0.19	VACANT	6336 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012760	0.18	VACANT	6332 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012770	0.18	VACANT	6328 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012780	0.18	VACANT	6324 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012790	0.18	VACANT	6320 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012800	0.19	VACANT	6316 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012810	0.19	VACANT	6312 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012820	0.18	VACANT	6308 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012830	0.21	VACANT	6304 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012840	0.24	VACANT	6300 MOSSY OAK RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012850	0.26	VACANT	2700 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012860	0.24	SINGLE FAMILY-IMPROVED	2704 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012870	0.19	SINGLE FAMILY-IMPROVED	2708 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012880	0.18	SINGLE FAMILY-IMPROVED	2712 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012890	0.2	SINGLE FAMILY-IMPROVED	2716 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012900	0.2	SINGLE FAMILY-IMPROVED	2720 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000012910	0.18	SINGLE FAMILY-IMPROVED	2724 NATURE VIEW RD, SAINT CLOUD FL 34771	SF 65'	$30,496	$2,215.49	$2,356.90	DEL WEBB SUNBRIDGE PH 1D	
112531572000013870	0.18	SINGLE FAMILY-IMPROVED	2777 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013880	0.15	SINGLE FAMILY-IMPROVED	2773 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013890	0.15	SINGLE FAMILY-IMPROVED	2769 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013900	0.15	VACANT	2765 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013910	0.15	SINGLE FAMILY-IMPROVED	2757 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013920	0.15	SINGLE FAMILY-IMPROVED	2753 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013930	0.15	VACANT	2749 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013940	0.15	VACANT	2745 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013950	0.15	VACANT	2741 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013960	0.15	VACANT	2733 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013970	0.15	VACANT	2729 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013980	0.15	VACANT	2725 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000013990	0.15	VACANT	2721 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014000	0.15	VACANT	2717 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014010	0.16	VACANT	2713 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014020	0.17	VACANT	2700 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014030	0.14	VACANT	2704 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014040	0.14	VACANT	2708 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014050	0.15	VACANT	2712 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014060	0.14	SINGLE FAMILY-IMPROVED	2716 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014070	0.14	VACANT	2720 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	

PARCELNO	
Acres	
DORDesc	
PropertyAd	
Category	
Series 2022 Principal	Series 2022
Assessment (Net)	Series 2022
Assessment (Gross)	
SubName	
112531572000014080	0.14	VACANT	2724 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014090	0.14	SINGLE FAMILY-IMPROVED	2728 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014100	0.14	SINGLE FAMILY-IMPROVED	2732 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014110	0.14	SINGLE FAMILY-IMPROVED	2736 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014120	0.14	SINGLE FAMILY-IMPROVED	2740 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014130	0.14	SINGLE FAMILY-IMPROVED	2744 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014140	0.14	SINGLE FAMILY-IMPROVED	2748 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014150	0.14	SINGLE FAMILY-IMPROVED	2752 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014160	0.14	SINGLE FAMILY-IMPROVED	2756 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014170	0.14	SINGLE FAMILY-IMPROVED	2760 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014180	0.14	SINGLE FAMILY-IMPROVED	2764 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014190	0.14	SINGLE FAMILY-IMPROVED	2768 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014200	0.14	SINGLE FAMILY-IMPROVED	2772 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572000014210	0.2	SINGLE FAMILY-IMPROVED	2776 RUBY ROSE LN, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1D	
112531572100010090	0.18	VACANT	6189 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010100	0.18	VACANT	6185 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010110	0.17	VACANT	6181 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010120	0.15	VACANT	6177 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010130	0.14	VACANT	6173 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010140	0.14	VACANT	6169 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010150	0.14	VACANT	6165 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010160	0.14	VACANT	6161 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010170	0.14	VACANT	6157 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010180	0.14	VACANT	6153 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010190	0.14	VACANT	6149 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010200	0.14	VACANT	6145 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010210	0.14	VACANT	6141 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010220	0.14	VACANT	6137 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010230	0.14	VACANT	6133 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010240	0.14	VACANT	6129 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010250	0.14	VACANT	6125 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010260	0.14	VACANT	6121 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010270	0.14	VACANT	6117 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010280	0.14	VACANT	6113 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010290	0.18	VACANT	6109 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010300	0.31	VACANT	6105 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010310	0.33	VACANT	6101 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010320	0.3	VACANT	6100 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010330	0.31	VACANT	6104 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010340	0.16	VACANT	6112 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010350	0.18	VACANT	6116 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010360	0.16	VACANT	6120 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010370	0.19	VACANT	6124 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010380	0.2	VACANT	6132 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010390	0.14	VACANT	6136 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010400	0.14	VACANT	6140 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010410	0.17	VACANT	6144 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010420	0.17	VACANT	6148 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	

PARCELNO	
Acres	
DORDesc	
PropertyAd	
Category	
Series 2022 Principal	Series 2022
Assessment (Net)	Series 2022
Assessment (Gross)	
SubName	
112531572100010430	0.14	VACANT	6152 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010440	0.14	VACANT	6160 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010450	0.14	VACANT	6164 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010460	0.14	VACANT	6168 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010470	0.19	VACANT	6172 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010480	0.25	VACANT	6176 CITRUS GROVE CT, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010730	0.17	VACANT	6149 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010740	0.16	VACANT	6145 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010750	0.14	VACANT	6141 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010760	0.14	VACANT	6137 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010770	0.14	VACANT	6133 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010780	0.14	VACANT	6129 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010790	0.14	VACANT	6125 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010800	0.14	VACANT	6121 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010810	0.15	VACANT	6117 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010820	0.16	VACANT	6113 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010830	0.16	VACANT	6109 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010840	0.15	VACANT	6105 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010850	0.17	VACANT	6104 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010860	0.18	VACANT	6108 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010870	0.18	VACANT	6112 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010880	0.15	VACANT	6116 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010890	0.15	VACANT	6120 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010900	0.15	VACANT	6124 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
112531572100010910	0.15	VACANT	6128 BLUE POND WAY, SAINT CLOUD FL 34771	SF 50'	$23,458	$1,704.22	$1,813.00	DEL WEBB SUNBRIDGE PH 1E	
Total					$20,230,000	$1,469,687.48	$1,563,497.32		

Sunbridge Stewardship District

Resolution 2022-05, Declaring Special Assessments

RESOLUTION 2022-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SUNBRIDGE STEWARDSHIP DISTRICT DECLARING SPECIAL ASSESSMENTS; INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THOSE INFRASTRUCTURE IMPROVEMENTS WHOSE COST IS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE PORTION OF THE ESTIMATED COST OF THE IMPROVEMENTS TO BE DEFRAYED BY THE SPECIAL ASSESSMENT; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE MADE; DESIGNATING LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR AN ASSESSMENT PLAT; ADOPTING A PRELIMINARY ASSESSMENT ROLL; AND PROVIDING FOR PUBLICATION OF THIS RESOLUTION.

WHEREAS, the Sunbridge Stewardship District (the “District”) is a local unit of special- purpose government located in Osceola County, and established pursuant to Chapter 2017-220, Laws of Florida, (the “Act”) for the purposes of constructing, installing, acquiring, operating and/or maintaining public infrastructure improvements; and

WHEREAS, the Board of Supervisors (the “Board”) of the District hereby determines to undertake, install, plan, establish, construct or reconstruct, enlarge or extend, equip, acquire, operate, and/or maintain the infrastructure improvements (“Improvements”) within the portion of the District known as the Del Webb Phases 1 & 2 Project as more particularly described in that certain Supplemental Engineer’s Report for Capital Improvements – Del Webb Phases 1 & 2 Assessment Area dated March 28, 2022, attached hereto as Exhibit A and incorporated herein by reference; and

WHEREAS, it is in the best interest of the District to pay the cost of the Improvements by special assessments levied on benefitted lands within the Del Webb Phase 1 & 2 Project pursuant to the Act (hereinafter, the “Assessments”); and

WHEREAS, the District is empowered by the Act, and Chapters 170 and 197, Florida Statutes, to finance, fund, plan, establish, acquire, construct or reconstruct, enlarge or extend, equip, operate and maintain the Improvements and to impose, levy and collect the Assessments; and

WHEREAS, the District hereby determines that benefits will accrue to the property improved, the amount of those benefits, and that special assessments will be made in proportion to the benefits received for lands within the Del Webb Phases 1 & 2 Project of the District as set forth in that certain Amended and Restated Master Assessment Methodology

1

Report Del Webb Ph 1 & Ph 2 Project Area, dated April 7, 2022, attached hereto as Exhibit B and incorporated herein by reference and on file at 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817 (the “District Records Office”); and

WHEREAS, the District hereby determines that the Assessments to be levied will not exceed the benefits to the property improved; and

WHEREAS, this Resolution shall serve as the “resolution required to declare special assessments” contemplated by Section 170.03, Florida Statutes, for the assessment lien(s) levied against the property as described in Exhibits A and B that secure the Assessments.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SUNBRIDGE STEWARDSHIP DISTRICT:

The Assessments shall be levied to defray the cost of the Improvements.

The nature and general location of, and plans and specifications for, the Improvements are described in Exhibit A, and are on file at the District Records Office. Exhibit B is also on file and available for public inspection at the same location.

The total estimated cost of the Improvements is $15,676,721 (the “Estimated
Cost”).

The Assessments will defray approximately $20,230,000 which includes the Estimated Cost, plus financing-related costs, capitalized interest, and debt service reserve.

The manner in which the Assessments shall be apportioned and paid is set forth in Exhibit B.

The Assessments shall be levied within the Del Webb Phase 1 & 2 Project of the District on all lots and lands adjoining and contiguous or bounding and abutting upon such improvements or specially benefitted thereby and further designated by the assessment plat hereinafter provided for.

There is on file, at the District Records Office, an assessment plat showing the area to be assessed, with certain plans and specifications describing the Improvements and the Estimated Cost of the Improvements, all of which shall be open to inspection by the public.

Commencing with the year in which the Assessments are confirmed, the Assessments shall be paid in not more than (30) thirty annual installments. The Assessments may be payable at the same time and in the same manner as are ad-valorem taxes and collected pursuant to the Act and Chapter 197, Florida Statutes; provided, however, that in the

2

event the uniform non ad-valorem assessment method of collecting the Assessments is not available to the District in any year, or if determined by the District to be in its best interest, the Assessments may be collected as is otherwise permitted by law.

The District Manager has caused to be made a preliminary assessment roll, in accordance with the method of assessment described in Exhibit B hereto, which shows the lots and lands assessed, the amount of benefit to and the assessment against each lot or parcel of land and the number of annual installments into which the assessment may be divided, which is hereby adopted and approved as the District’s preliminary assessment roll.

The Board shall adopt a subsequent resolution to fix a time and place at which the owners of property to be assessed or any other persons interested therein may appear before the Board and be heard as to the propriety and advisability of the Assessments or the making of the Improvements, the cost thereof, the manner of payment therefor, or the amount thereof to be assessed against each property as improved.

The District Manager is hereby directed to cause this Resolution to be published twice (once a week for two (2) weeks) in a newspaper of general circulation within Osceola County and to provide such other notice as may be required by law or desired in the best interests of the District.

This Resolution shall become effective upon its passage.

PASSED AND ADOPTED this 7th day of April, 2022.

ATTEST:	SUNBRIDGE STEWARDSHIP
DISTRICT

Secretary/Assistant Secretary	Chair/Vice Chair, Board of Supervisors

Exhibit A:	Supplemental Engineer’s Report for Capital Improvements – Del Webb Phases 1 & 2 Assessment Area dated March 28, 2022
Exhibit B:	Amended and Restated Master Assessment Methodology Report Del Webb Ph 1 & Ph 2 Project Area, dated April 7, 2022

Exhibit A

Supplemental Engineer’s Report for Capital Improvements – Del Webb Phases 1 & 2 Assessment Area dated March 28, 2022

Exhibit B

Amended and Restated Master Assessment Methodology Report Del Webb Ph 1 & Ph 2 Project Area, dated April 7, 2022

Sunbridge Stewardship District

Resolution 2022-06,
Setting a Public Hearing Date for the Imposition of Special Assessments

RESOLUTION 2022-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SUNBRIDGE STEWARDSHIP DISTRICT SETTING A PUBLIC HEARING TO BE HELD ON 	, 2022, AT    
 .M. AT 	 FOR THE PURPOSE OF HEARING PUBLIC COMMENT ON IMPOSING A SPECIAL ASSESSMENT ON CERTAIN PROPERTY WITHIN THE DISTRICT GENERALLY DESCRIBED AS THE SUNBRIDGE STEWARDSHIP DISTRICT IN ACCORDANCE WITH CHAPTER 2017-220, LAWS OF FLORIDA.

WHEREAS, the Board of Supervisors of the Sunbridge Stewardship District, (“Board”) has previously adopted Resolution 2022-05, entitled:

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SUNBRIDGE STEWARDSHIP DISTRICT DECLARING SPECIAL ASSESSMENTS; INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THOSE INFRASTRUCTURE IMPROVEMENTS WHOSE COST IS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE PORTION OF THE ESTIMATED COST OF THE IMPROVEMENTS TO BE DEFRAYED BY THE SPECIAL ASSESSMENT; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE MADE; DESIGNATING LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR AN ASSESSMENT PLAT; ADOPTING A PRELIMINARY ASSESSMENT ROLL; AND PROVIDING FOR PUBLICATION OF THIS RESOLUTION.

WHEREAS, in accordance with Resolution 2022-05, a preliminary assessment roll has been prepared and all other conditions precedent set forth in Chapter 170, Florida Statutes, and Chapter 2017-220, Laws of Florida, to the holding of the aforementioned public hearing have been satisfied, and the roll and related documents are available for public inspection at 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817 (“District Records Office”).

NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SUNBRIDGE STEWARDSHIP DISTRICT:

There is hereby declared a public hearing to be held at 	  .m., on
	, 2022, at 	, for the purpose of hearing comment and objections to the proposed special assessment program for community improvements within the area of the District known as the Del Webb Phase 1 &

2 Project, as identified in the preliminary assessment roll, a copy of which is on file. Affected parties may appear at that hearing or submit their comments in writing prior to the meeting to the office of the District Manager, 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817.

Notice of said hearing shall be advertised in accordance with Chapters 170 and 197, Florida Statutes, and Section 13 of Chapter 2017-220, Laws of Florida, and the District Manager is hereby authorized and directed to place said notice in newspapers of general circulation within Osceola County (by two publications one week apart with the first publication at least 20 days prior to the date of the hearing established herein). The District Manager shall file a publisher’s affidavit with the District Secretary verifying such publication of notice. The District Manager is further authorized and directed to give (30) thirty days written notice by mail of the time and place of this hearing to the owners of all property to be assessed and include in such notice the amount of the assessment for each such property owner, a description of the areas to be improved and notice that information concerning all assessments may be ascertained at the District Office. The District Manager shall file proof of such mailing by affidavit with the District Secretary.

This Resolution shall become effective upon its passage.

PASSED AND ADOPTED this 7th day of April, 2022.

ATTEST:	SUNBRIDGE STEWARDSHIP
DISTRICT

Secretary/Assistant Secretary	Chair/Vice Chair, Board of Supervisors

Sunbridge Stewardship District

Payment Authorization Nos. 156-163

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 156	
1/7/2022					
Item	Vendor	Invoice	General	
No.		Number		Fund	

1	
Osceola News-Gazette				
	Legal Advertising on 12/30/2021	348703	$	63.81	
2	OUC				
	Acct: 5981605831 ; Service 12/01/2021 - 01/03/2022	--	$	1,163.71	
3	Poulos & Bennett				
	Engineering Services Through 11/30/2021	18-203(34)	$	1,916.30	
4	VGlobalTech				
	January Website Maintenance	3479	$	100.00	
		
TOTAL	
$	
3,243.82	

Board Member

Sunbridge Stewardship District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925

Received via email on Sunday, January 9, 2022 - ALane

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 157
1/21/2022	
Item No.	Vendor	Invoice Number	General Fund	

1	Irrigation Systems
6200 Even Cyrils Dr Irr ; Service 11/26/2021 - 12/27/2021	
--	
$  1,686.16	
2	PFM Group Consulting
DM Fee: January 2022	
DM-01-2022-045	
$  5,833.33	
December Reimbursables	OE-EXP-01-036	$	2.52	
	
TOTAL	
$  7,522.01	

Board Member

By Amanda Lane at 10:42 am, Jan 24, 2022

Sunbridge Stewardship District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 158
2/4/2022	
Item No.	Vendor	Invoice Number	General Fund	

1	Berman Construction
January Irrigation & Admin Staffing Management	
17351	
$	625.00	
February Irrigation & Admin Staffing Management	17352	$	625.00	
2	Florida ULS Operating
January Monthly Landscaping	
ULS-25357	
$	4,600.00	
3	Kutak Rock
General Counsel Through 12/31/2021	
2979659	
$	1,784.50	
4	Osceola County Tax Collector
Property Tax Refund	
--	
$ 100,093.83	
5	OUC
Services 01/03/2022 - 02/01/2022	
Acct: 5981605831	
$	1,163.71	
	
TOTAL	
$ 108,892.04	

Board Member

Sunbridge Stewardship District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925

Received via email on Sunday, February 6, 2022 - ALane

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 159

2/18/2022		
Item No.	Vendor	Invoice Number	General Fund	

1	
Irrigation Systems			
	6200 Even Cyrils Dr Irr ; Service 12/27/2021 - 01/26/2022	--	$	1,885.20	
2	PFM Group Consulting			
	Billable Expenses	119079	$	10.83	
	DM Fee: February 2022	DM-02-2022-045	$	5,833.33	
	January Reimbursables	OE-EXP-02-046	$	3.81	
		
TOTAL	
$	7,733.17	

Board Member

By Amanda Lane at 9:02 am, Feb 18, 2022

Sunbridge Stewardship District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 160
3/4/2022	
Item No.	Vendor	Invoice Number	General Fund	

1	
Carr Riggs & Ingram
FY 2021 Audit				
		17299041	$	1,000.00	
2	Kutak Rock
General Counsel Through 01/31/2022				
		3009552	$	2,582.50	
3	Osceola News-Gazette
Legal Advertising on 02/24/2022 (Ad: 36231)				
		363200	$	62.30	
4	OUC
Services 02/01/2022 - 03/01/2022				
		Acct: 5981605831	$	2,536.38	
		
TOTAL	
$	
6,181.18	

Board Member

Sunbridge Stewardship District c/o PFM Group Consulting

By Amanda Lane at 3:42 pm, Mar 08, 2022

3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 161
3/11/2022

Item	Vendor	Invoice	General	
No.		Number	Fund	

1	
Poulos & Bennett
Engineering Services Through 01/31/2022				
		18-203(35)	$	168.75	
2	VGlobalTech
February Website Maintenance March Website Maintenance				
		3559
3643	$
$	100.00
110.00	
		
TOTAL	
$	
378.75	

Board Member

Sunbridge Stewardship District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925
Received via email on Sunday, March 13, 2022 - ALane

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 162
3/18/2022

Item	Vendor	Invoice	General	
No.		Number	Fund	

1	
Deluxe Corporation
Check Order				
		454827	$	245.00	
2	PFM Group Consulting
DM Fee: March 2022				
		DM-03-2022-045	$	5,833.33	
		
TOTAL	
$	
6,078.33	

Board Member

Sunbridge Stewardship District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270

By Amanda Lane at 11:42 am, Mar 21, 2022

Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925

SUNBRIDGE STEWARDSHIP DISTRICT

Payment Authorization No. 163

Item	Vendor	Invoice	General	
No.		Number	Fund	

3/25/2022

1	
Irrigation Systems
6200 Even Cyrils Dr Irr ; Service 01/26/2022 - 02/25/2022				
		Acct: 54823862	$	16,881.76	
2	Osceola County Property Appraiser
2021 Tax Roll Administration Fee				
		2018557	$	454.76	
		
TOTAL	
$	
17,336.52	

Board Member

Sunbridge Stewardship District c/o PFM Group Consulting

By Amanda Lane at 10:34 am, Mar 28, 2022

3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925

Sunbridge Stewardship District

District’s Financial Position and Budget to Actual YTD

Sunbridge Stewardship District
Budget to Actual
For the Month Ending 2/28/2022

Revenues
On-Roll Assessments Off-Roll Assessments
Net Revenues

General & Administrative Expenses
D&O Insurance Trustee Services Management Engineering Dissemination Agent District Counsel
Assessment Administration Reamortization Schedules Audit
Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees
Office Supplies Property Taxes
Web Site Maintenance Dues, Licenses, and Fees Electric
Infrastructure Capital Reserve General Insurance
Irrigation Irrigation Parts
Landscaping Maintenance & Material Landscape Improvements Contingency
Signage & Amenities Repair UF Research Agreement Lighting
Streetlights
Personnel Leasing Agreement
Total General & Administrative Expenses

Total Expenses

Net Income (Loss)

Year To Date

$	141,977.58		$	173,337.50	
	269,063.22			-	
$	411,040.80		$	173,337.50	

$	
2,506.00		
$	
1,125.00	
	-			2,500.00	
	29,166.65			29,166.65	
	2,264.50			6,250.00	
	-			2,083.35	
	2,911.00			25,000.00	
	7,500.00			3,125.00	
	-			52.10	
	-			5,208.35	
	41.47			208.35	
	-			41.65	
	24.27			83.35	
	-			125.00	
	250.73			2,500.00	
	-			150.00	
	-			104.15	
	2.22			-	
	700.00			1,000.00	
	175.00			697.90	
	86.96			125.00	
	-			4,166.65	
	3,064.00			1,333.35	
	6,485.20			6,250.00	
	-			1,250.00	
	18,400.00			25,833.35	
	-			833.35	
	-			4,166.65	
	-			416.65	
	49,830.00			33,916.65	
	-			12,500.00	
	4,561.70			-	
	3,125.00			3,125.00	
$	131,094.70		$	173,337.50	

 $		
131,094.70 		
 $		
173,337.50 	
$	279,946.10		$	-	

Actual	Budget

Variance

$	(31,359.92)

$	237,703.30	$	416,010.00	98.81%	

$	
1,381.00	$	2,700.00
(2,500.00)	6,000.00	
92.81%
0.00%	
	-	70,000.00	41.67%	
	(3,985.50)	15,000.00	15.10%	
	(2,083.35)	5,000.00	0.00%	
	(22,089.00)	60,000.00	4.85%	
	4,375.00	7,500.00	100.00%	
	(52.10)	125.00	0.00%	
	(5,208.35)	12,500.00	0.00%	
	(166.88)	500.00	8.29%	
	(41.65)	100.00	0.00%	
	(59.08)	200.00	12.14%	
	(125.00)	300.00	0.00%	
	(2,249.27)	6,000.00	4.18%	
	(150.00)	360.00	0.00%	
	(104.15)	250.00	0.00%	
	2.22	-		
	(300.00)	2,400.00	29.17%	
	(522.90)	1,675.00	10.45%	
	(38.04)	300.00	28.99%	
	(4,166.65)	10,000.00	0.00%	
	1,730.65	3,200.00	95.75%	
	235.20	15,000.00	43.23%	
	(1,250.00)	3,000.00	0.00%	
	(7,433.35)	62,000.00	29.68%	
	(833.35)	2,000.00	0.00%	
	(4,166.65)	10,000.00	0.00%	
	(416.65)	1,000.00	0.00%	
	15,913.35	81,400.00	61.22%	
	(12,500.00)	30,000.00	0.00%	
	4,561.70	-		
	-	7,500.00	41.67%	
$	(42,242.80)	$	416,010.00	31.51%	

 $		
(42,242.80)	 $	416,010.00 	
	31.51%		
$	279,946.10	$	-	

269,063.22

FY 2022	Percentage Adopted Budget		Variance

$	416,010.00	98.81%
-

    

Sunbridge Stewardship District	
Statement of Activities	
As	of 2/28/2022							
	
General Fund		
Capital Projects Fund		
Utility Fund		
Total	

Revenues								
On-Roll Assessments	$141,977.58						$141,977.58	
Off-Roll Assessments	269,063.22						269,063.22	
Developer Contributions			$17,033.00				17,033.00	
Water - Residential Customers					$11,505.32		11,505.32	
Water - Commercial Customers					2,294.15		2,294.15	
Wastewater - Residential Customers					25,974.19		25,974.19	
Wastewater - Commercial Customers					182.10		182.10	
Admin Late Fees					1,010.00		1,010.00	
Inspection Fees					81,435.91		81,435.91	
Plan Review Fees					2,663.25		2,663.25	
Meter Installations Fees					16,150.00		16,150.00	
Backflow Installation Fees					3,060.00		3,060.00	
Wastewater Install/Connection					4,500.00		4,500.00	
Initial Connection Fees					3,625.00		3,625.00	
Total Revenues	$411,040.80		$17,033.00		$152,399.92		$580,473.72	
Expenses								
D&O Insurance	$2,506.00						$2,506.00	
Management	29,166.65						29,166.65	
Engineering	2,264.50						2,264.50	
District Counsel	2,911.00						2,911.00	
Assessment Administration	7,500.00						7,500.00	
Travel and Per Diem	41.47						41.47	
Postage & Shipping	24.27						24.27	
Legal Advertising	250.73						250.73	
Property Taxes	2.22						2.22	
Web Site Maintenance	700.00						700.00	
Dues, Licenses, and Fees	175.00						175.00	
Electric	86.96						86.96	
General Insurance	3,064.00						3,064.00	
Irrigation	6,485.20						6,485.20	
Landscaping Maintenance & Material	18,400.00						18,400.00	
UF Research Agreement	49,830.00						49,830.00	
Streetlights	4,561.70						4,561.70	
Personnel Leasing Agreement	3,125.00						3,125.00	
Engineering			$6,365.00				6,365.00	
Contingency			53,700.00				53,700.00	

Sunbridge Stewardship District	
Statement of Activities	
As	of 2/28/2022							
	
General Fund		
Capital Projects Fund		
Utility Fund		
Total	
Engineering					$4,543.07		4,543.07	
ContractServices - Accounting					3,634.44		3,634.44	
Contractual Services					25,260.77		25,260.77	
Miscellaneous					4,126.88		4,126.88	
Water					4,681.41		4,681.41	
Purchased Wastewater					8,339.76		8,339.76	
Inspection Expense					40,717.94		40,717.94	
Plan Review Expense					43,498.46		43,498.46	
Meter Installation Expense					14,088.75		14,088.75	
Backflow Installation Expense					2,673.25		2,673.25	
Wastewater Connection Expense					3,931.25		3,931.25	
Miscellaneous Customer Service Expense					1,572.50		1,572.50	
Total Expenses	$131,094.70		$60,065.00		$157,068.48		$348,228.18	
Other Revenues (Expenses) & Gains (Losses)								
Total Other Revenues (Expenses) & Gains (Losses)	$0.00		$0.00		$0.00		$0.00	
Change In Net Assets	$279,946.10		($43,032.00)		($4,668.56)		$232,245.54	

Net Assets At Beginning Of Year	
$15,406.63		
($10,668.00)		
($231,727.55)		
($226,988.92)	

Net Assets At End Of Year	
$295,352.73		
($53,700.00)		
($236,396.11)		
$5,256.62	

Sun	
Sta	
	As of 2/28/2022	
	
General Fund	
Capital Projects Fund	
	
Assets	
Current Assets		
General Checking Account	$295,737.73	
Deposits	240.00	
Accounts Receivable - Due from Developer	$53,700.00	
Utility Revenue		
Utility Operating		
Utility Revenue System Development		
Accounts Receivable		
Total Current Assets	$295,977.73	$53,700.00	

Property, Plant & Equipment		
Fixed Assets - Other		
Total Property, Plant & Equipment	$0.00	$0.00	
Total Assets	$295,977.73	$53,700.00	

Liabilities and Net Assets	
Current Liabilities		
Accounts Payable	$625.00	
Accounts Payable	$53,700.00	
Deferred Revenue	53,700.00	
Accounts Payable		
Due to Developer		
Deposits		
Accrued Expenses Payable		
Total Current Liabilities	$625.00	$107,400.00	

Long Term Liabilities		
System Dev. Charge - Water		
System Dev. Charge - Wastewater		
Total Long Term Liabilities	$0.00	$0.00	
Total Liabilities	$625.00	$107,400.00	

$246,335.91 103,906.13
1,731,463.00
334,533.40
$2,416,238.44		$295,737.73
240.00
53,700.00
246,335.91
103,906.13
1,731,463.00
334,533.40
$2,765,916.17	

$2,000.00
$2,000.00		
$2,000.00
$2,000.00	
$2,418,238.44		$2,767,916.17	

$110,918.80 150,000.00
56,895.75
6,000.00
$323,814.55		

$625.00 53,700.00
53,700.00
110,918.80
150,000.00
56,895.75
6,000.00
$431,839.55	

$1,393,800.00 937,020.00
$2,330,820.00		
$1,393,800.00 937,020.00
$2,330,820.00	
$2,654,634.55		$2,762,659.55	

Utility Fund	Total

Sunbridge Stewardship District Statement of Financial Position As of 2/28/2022

General Fund

Capital Projects Fund

Utility Fund	Total

Net Assets
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets - General Government
Current Year Net Assets - General Government

Net Assets, Unrestricted
Current Year Net Assets, Unrestricted

Net Assets, 270
Current Year Net Assets, 270

($44,385.70)
(49,830.00)

59,792.33
329,776.10

($44,385.70)
(49,830.00)	
59,792.33
329,776.10	
(10,668.00)
(43,032.00)	
($231,727.55)
(4,668.56)		(231,727.55)
(4,668.56)	
($236,396.11)		$5,256.62	
			
$2,418,238.44		$2,767,916.17	

($10,668.00)
(43,032.00)

Total Net Assets	$295,352.73		($53,700.00)	
				
Total Liabilities and Net Assets	$295,977.73		$53,700.00