Meadow Pointe III Community Development District

Board of Supervisors’
Regular Meeting

June 3, 2020

District Office:
5844 Old Pasco Road, Suite 100
Pasco, Florida 33544
813.994.1615

www.meadowpointe3cdd.org

MEADOW POINTE III
COMMUNITY DEVELOPMENT DISTRICT AGENDA
At the Meadow Pointe III Clubhouse, located at 1500 Meadow Pointe Blvd, Wesley Chapel, FL 33543.

District Board of Supervisors	Michael Hall Paul Carlucci John Johnson Rick Daddio Glen Aleo	Chairman
Vice Chairman Assistant Secretary Assistant Secretary Assistant Secretary	
District Manager	Matt Huber	Rizzetta & Company, Inc.	
District Attorney	Mark Straley/ Vivek Babbar	
Straley, Robin, & Vericker	
District Engineer
Services Inc	Tonja Stewart	Stantec Consulting	

All Cellular phones and pagers must be turned off while in the clubhouse.

The Audience Comment portion of the agenda is where individuals may make comments on matters that concern the District. Individuals are limited to a total of three
minutes to make comments during this time.

Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this meeting/hearing/workshop is asked to advise the District Office at least forty-eight (48) hours before the meeting/hearing/workshop by contacting the District Manager at (813) 533-2950. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1- 1, or 1-800-955-8771 (TTY) 1-800-955-8770 (Voice), who can aid you in contacting the District Office.

A person who decides to appeal any decision made at the meeting/hearing/workshop with respect to any matter considered at the meeting/hearing/workshop is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made including the testimony and evidence upon which the appeal is to be based.

MEADOW POINTE III COMMUNITY DEVELOPMENT DISTRICT
5844 Old Pasco Road, Suite 100, Wesley Chapel, FL 33544 - 813-994-1001
meadowpointe3CDD.org

Board of Supervisors Meadow Pointe III Community Development District

Dear Board Members:

FINAL AGENDA

May 27, 2020

The continued meeting of the Board of Supervisors of the Meadow Pointe III Community Development District will be held on Wednesday, June 3, 2020 at 6:30 p.m. to be conducted by means of communications media technology telephone pursuant to Executive Orders 20-52 and 20-69 issued by Governor DeSantis on March 9, 2020 and March 20, 2020, respectively, and pursuant to Section 120.54(5)(b)2., Florida Statutes. The following is the tentative agenda for this meeting:

CALL TO ORDER/ROLL CALL
PLEDGE OF ALLIEGANCE
AUDIENCE COMMENTS ON AGENDA ITEMS
BUSINESS ITEMS
Consideration of Amenity Management Proposal	Tab 1
Consideration of Signage Proposals	Tab 2
Consideration of Resolution 2020-06, Approving FY 2020/2021 Proposed Budget	Tab 3
STAFF REPORTS
Community Deputy
Amenity Management
District Engineer
District Counsel
District Manager
BUSINESS ADMINISTRATION
None
AUDIENCE COMMENTS ON OTHER CDD ITEMS
SUPERVISOR REQUESTS
ADJOURNMENT

I look forward to seeing you at the meeting. In the meantime, if you have any questions, please do not hesitate to contact me at (813) 994-1001
Sincerely, Matt Huber
District Manager

Tab 1

FIRST ADDENDUM TO THE CONTRACT FOR PROFESSIONAL AMENITY SERVICES

This First Addendum to the Contract for Professional Amenity Services (this “First Addendum”), is made and entered into as of the 1st day of March, 2020 (the “Effective Date”), by and between Meadow Pointe III Community Development District, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes, located in the Pasco County, Florida (the “District”), and Rizzetta Amenity Services, Inc., a Florida corporation (the “Consultant”).
RECITALS
WHEREAS, the District and the Consultant entered into the Contract for Professional Amenity Services dated October 1st, 2019 (the “Contract”), incorporated by reference herein; and

WHEREAS, the District and the Consultant desire to amend Exhibit B of the Fees and Expenses section of the Contract as further described in this Addendum; and

WHEREAS, the District and the Consultant each has the authority to execute this Addendum and to perform its obligations and duties hereunder, and each party has satisfied all conditions precedent to the execution of this Addendum so that this Addendum constitutes a legal and binding obligation of each party hereto.

NOW, THEREFORE, based upon good and valuable consideration and the mutual covenants of the parties, the receipt of which and sufficiency of which is hereby acknowledged, the District and the Consultant agree to the changes to Exhibit B attached.

The amended Exhibit B is hereby ratified and confirmed. All other terms and conditions of the Contract remain in full force and effect.

IN WITNESS WHEREOF the undersigned have executed this First Addendum as of the Effective Date.

Rizzetta & Company, Inc.

By:	 William J. Rizzetta, President

Exhibit B: Schedule of Fees	Meadow Pointe III
Community Development District

By:	 Chairman of the Board of Supervisors	

Rev. 2017-03-13 – WJR/ED	Page 1 of 2

Standard On-Going Services will be billed bi-weekly, payable pursuant to the following schedule for the period of March 1, 2020 to September 30, 2020:

Operating Deposit (One-time fee) (3)

$	4,511.18

(Revised operating deposit $20,153.19 minus $15,642.01 current deposit)

Total Services Costs with Deposit:

$ 171,850.40

EXHIBIT B SCHEDULE OF FEES

SERVICES (March 1, 2020 to September 30, 2020): Full Time Personnel (40 hours per week)
-Clubhouse Manager
-Assistant Clubhouse Manager
-Maintenance Supervisor
-Maintenance Staff Member		
Part Time Personnel
-Clubhouse Attendant (25 hours per week)
-Clubhouse Attendant (25 hours per week)
-Maintenance Staff (25 hours per week)
-Maintenance Staff (25 hours per week)		
	
ANNUALLY	
Budgeted Personnel Total (1)	$155,089.22	
General Management and Oversight (2)	$ 12,250.00	
Total Services Costs:	$ 167,339.22	

Rev. 2017-03-13 – WJR/ED	Page 2 of 2

These budgeted costs reflect full personnel levels required to perform the services outlined in this contract. Personnel costs includes: All direct costs related to the personnel for wages, benefits (Full Time only), applicable payroll- related taxes, workers’ compensation, payroll administration and processing, background checks and drug testing.

General Management and Oversight: The costs associated with Rizzetta Amenity Services, Inc.’s expertise and time in the implementation of the day to day scope of services, management oversight, hiring, and training of staff.

Operating Deposit: A one-time deposit required for use in paying salaries and related costs for personnel assigned and providing services to the District. This operating deposit is defined as one month of maximum total services costs.

Rev. 2017-03-13 – WJR/ED	Page 3 of 2

Tab 2

MEADOW POINTE III CDD - COMMUNITY SIGN REFURBISMENT PROJECT

Vendor	Total Cost	Notes	

Romaner Graphics	$	24,385.00	For all 13 Villages, vendor ready to start work as soon as approval is given	
Arete Industries	$	32,629.96	This quote is for utilization of current posts in place for all signs (Won't know completion time until proposal is approved)	
Creative Sign Designs	$	39,857.00	Includes replacement of all signs, u channel posts, crisscross brackets as needed (won't know completion time until approved)	
Arete Industries	$	52,739.20	This quote is for the installation of "NEW" posts for all signs (Won't know completion time until proposal is approved)	

HUMANER

GRAPHICS
design • lllus1rnt1on · printing • signago
brochures• photogrnphy	· JOB ESTIMATE

TO:   	 

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

---: 	

COMPANY NAME:	Meadow Pointe 111 COD
DATE:  5/12/20	

Hillhufst Crossing Sign Project:
1 - Hillhurst Crossing Entrance �eeds 1 Median sign and 2 yellow Object markers	$275.00 2 - Speed Limit 25mph-No Parking-Any Street sign too low and leaning, needs
new U channel post (signs ok)	155.00

TOTAL: $430.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FOOT standards.

ThankYou:  Romaner Graphics

HUMANER

GRAPHICS
doslgn · llluslrot10n • printing • signngo
brochuros • photogr.1phy	JOB ESTIMATE

20108 Pond Spring Way
Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

TO: 	____ 	___ 	__
COMPANY  NAME:	Meadow Pointe III CDD
DATE:	5-/12-/2-0	------------------ 	----	

Heath�rstone Sign Project:
1 - Heatherstone Entrance Object marker	

$125.00	
2 - Heatherstone Dr. and Leybourne Loop street signs, White w/green		
(atop STOP sign) with brackets	330.00	
3 - Heatherstone Dr. and Philmar Lane STOP sign leaning and signs need cleaning	135.00	
4 - Kirkshire Ct. and Philmar Lane sign leaning and needs cleaning	�35. 00	

TOTAL: $725. 00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FOOT standards.

Thank You: Romaner Graphics

HUMANER

GRAPHICS
design • Illustration • printing • sJgnngo
brochure�· photogr.iphy	JOB ESTIMATE

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

TO:   	___
COMPANY NAME: Meadow Pointe 111 COD
DATE:  5/_ _1 2/_ 2_0	

Sherringham 	 	
- Dog sign - 1 green U-channel.	$90.00
- By 31638 Marchester - install new right curve sign with 15 MPH.	225.00
- By 31638 Marchester - install new left curve sign with 15 MPH and
install new right curve sign with 15 MPH. 2@ $225 ea.	450.00

TOTAL: $765.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FOOT standards.

Thank You: Romaner Graphics

HUMANER

GRAPHICS
doslgn · illuslrouon • printing • slgnngo
brochurcii · phologrnphy	JOB ESTIMATE

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

TO=-----------------------------,---
COMPANY NAME: Meadow Pointe 111 COD

DATE: 5/12/20

 	--

Claridge Place Sign Project:		
1 - Gossimer Way and Willimette Dr. street signs, White w/green		
(atop STOP sign) with brackets	$330.00	
2 - (2) Red Object Markers at dead end of Gossamer Way	250.00	
- (2) No Street Parking Any T ime Tow Away Zone signs at end of Gossimer Way
- Flannery Ct. and Willimette Dr. street signs, White w/green	230.00	
   (atop STOP sign) with brackets		330.00	

TOTAL: $1,140.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FOOT standards.

ThankYou: Romaner Graphics

HUMANER

GRAPHICS
dcaign · WuslraUon • printing • signngc
brochuros • photogmphy	JOB ESTIMATE

20108 Pond Spring Way
Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

TO:   	
COMPANY NAME: Meadow Pointe Ill CDD
DATE: 5/12/20

Nesslewo=�-----------------------------

1 - STOP sign - Addington & Holcomb Pass - new post and breakaway stub. 2 -STOP sign - Kenchester & Holcomb - - new post and breakaway stub.
- Kenchester & Holcomb Pass - new street name signs, includes new cross (12") and UChannel cap (12").
- Straighten sign on Bearded Oak (corner Holcomb Pass).
- Right curve warning 15 mph at 31548/31604 Addington - new sign. post and breakaway stub.
- Holcomb Pass Cul de Sac Dog Sign - (1) new sign.

155.00
155.00

330.00
50.00

360.00
90.00

TOTAL: $1,140.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FOOT standards.

ThankYou: Romaner Graphics

HUMANER

GRAPHICS
doalgn • Illustration • printing • slgnago
brochure�· photogr.1phy	JOB ESTIMATE

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

TO:  	
COMPANY NAME:	Meadow Pointe Ill CDD

DATE:  5-/12-/2-0

-------------------------�--

	Amm�nford Sign Project:		
	1 - (2) Ammanford Entrance yellow Object markers	$250.00	
	2 - Lanesborough Circle and Ammanford Pl. street signs, White w/green		
	(atop STOP sign) with brackets (STOP sign ok)	330.00	
	3 - Left 180 degree curve and 10mph and leaning	225.00	
	4 - (2) Right 180 degree curve and 10mph	450.00	
	5 - Left 1 80 degree curve needs repair, corner bent	130.00	

TOTAL: $1,385.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FOOT standards.

ThankYou: Romaner Graphics

HUMANER

GRAPHICS
des,gn · llluslrnllon • printing • clgnago
brochures • photogrnphy	JOB ESTIMATE

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

TO:   	
COMPANY  NAME:	Meadow Pointe Il l CDD
DATE: 5/12/20	--

Broug�ton Place Sign Project:
- Broughton Place Entrance Median sign and Object marker	$195.00
- Broughton Place Entrance 25 mph, No Parking, Any Street	250.00
   3 - Helmsdale Dr. and Broughton Pl. STOP sign needs replacement plus street signs,
	White w/green (atop STOP sign) with brackets	450.00		
	4 - Bittsbury Ct. and Helmsdale Dr. STOP sign too low needs break away kit plus			
	street signs, White w/green (atop STOP sign) with brackets	355.00		
	5 - Piercefield Ct. and Helmdale Dr. STOP sign needs replacing (street signs ok)	155.00		

TOTAL: $1,405.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FDOT standards.

ThankYou: Romaner Graphics

HUMANER

GRAPHICS
doslgn · rnuslrntlon · printing • slgnngo
brochures· photography	JOB ESTIMATE

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

TO:   	
COMPANY NAME:	Meadow Pointe 111 COD
DATE: 5/12/20	- 	---

Whitlock:
- Install new Stop sign.
- Whitlock and Shaker - straighten post and install new stop sign. Whitlock Dr street sign - replace (white with green). Includes new cross (12") and U Channel cap (12").
- Whitlock exit median - 9 button yellow object marker.
- Shaker/Whitlock street sign - straighten and new cross.
- Whitlock Dr. and Prout Ct - install Stop sign, straighten post. 6 - Prout Ct and Whitlock Dr - replace Dead End sign.
7 - Prout Ct street sign at corner Prout Ct and Whitlock Dr. - new sign.

155.00

320.00
110.00
110.00
155.00
90.00

(2) street names, includes cross (12") and U Channel cap (12").	330.00	 8 - Exit stop sign at Whitlock and Beardsly - new sign, includes cross (12")

and U Channel cap (12").
9 - Whitlock entrance median - new object marker (9 button yellow).

155.00
110.00

TOTAL: $1,535.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FOOT standards.

ThankYou: Romaner Graphics

HUMANER

GRAPHICS
design · WustroUon • printing • slgnogo
brochures· pho1ogrnphy	JOB ESTIMATE

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

COMPANY NAME:

Meadow Pointe 111 COD

TO:	 DATE: 5112120

Alchester Sign Project:
1 - Alchester entrance - median sign OK. Replace object marker.	
$125.00	
Other median and object marker leaning - straighten and clean.	90.00	
2- Anniston Dr. and Alchester Dr. (west side)- street signs OK. Replace Stop sign.	155.00	
3 - Millebourne Way and Alchester Dr. street signs, White w/green (atop STOP sign)		
with brackets. Post leaning.	365.00	
4 - Dead End leaning - straighten and clean.	100.00	
5 - Appian Pl. Replace. New 12" cap.	165.00	
6 - Anniston Dr. and Alchester Dr. (east side) - White w/green (atop STOP sign)		
with brackets plus Stop sign. Post leaning.	450.00	
7 - Marsalis Place and Anniston Dr. - White w/green (atop STOP sign)		
with brackets plus Stop sign. Post leaning.	450.00	

TOTAL:  $1,900.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed  in accordance with MUTCD and FOOT standards.

Thank You: Romaner Graphics

HUMANER

GRAPHICS
design • illuslrntion • printing • slgnngo
brochures• photogr.:iphy	JOB ESTIMATE

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

TO:   	
COMPANY NAME:	Meadow Pointe Ill COD
DATE:	5/12/20	-- --	

Rens�laer Sign Project:
1- Folkstone Pl. and Rennselaer Dr. White w/green (atop STOP sign)		
with brackets plus STOP sign faded	$450.00	
2 - Folkstone Pl. and Shelbourne Ct. White w/green (atop STOP sign)		
with brackets plus STOP sign faded and leaning	450.00	
3 - Hannigan Pl. (sign ok) and Shelbourne Ct. (replace) White w/green		
(atop STOP sign) with brackets plus STOP sign faded	330.00	
4 - Rensselaer Dr. and Hannigan Pl. White w/green (atop STOP sign)		
with brackets plus STOP sign faded	450.00	
5 - Crestmont Ct. and Rensselaer Dr. White w/green (atop STOP sign)		
with brackets plus STOP sign faded	450.00	
6 - Crestmont Ct. and Rensselaer Dr. another STOP sign faded (no signs atop)	155.00	

TOTAL: $2,285.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FOOT standards.

ThankYou:  Romaner Graphics

HUMANER

GRAPHICS
doaign · illuslrotion • printing · slgnngo
brochures • photogrnphy	JOB ESTIMATE

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

COMPANY NAME:

Meadow Pointe 111 CDD

TO:

DATE: 5/12/20	-

	Beac0:nsfield Sign Project:		
	1 - Beaconsfield Entrance Median Sign and Object Marker	$195.00	
	2 - Beaconsfield Entrance 25mph, No Parking and Any Street	250.00	
	3 - Plus regular Object Marker	125.00	
	4 - Beaconsfield Dr. and Fircrest Ct. street signs, White w/green		
	(atop STOP sign) with brackets	330.00	
	5 - Baymont Loop and Beaconsfield Dr. street signs, White w/green		
	(atop STOP sign) with brackets	330.00	
	6 - Salmonberry St. and Baymont Loop Dr. street signs, White w/green		
	(atop STOP sign) with brackets	330.00	
	7 - Salmonberry St. and Crosswoods Way street signs, White w/green		
	(atop STOP sign) with brackets plus STOP sign leaning	365.00	
    8 - Salmonberry St. and Beaconsfield Dr. street signs, White w/green	

(atop STOP sign) with brackets
9 - Beaconsfield Dr. and Crosswoods Way street signs, White w/green (atop STOP sign) with brackets

330.00

330.00

TOTAL: $2,585.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FDOT standards.

ThankYou: Romaner Graphics

HUMANER

GRAPHICS
do,Jgn · IIJuslrntion • printing • signogo
brochures• photogrnphy	JOB ESTIMATE

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

TO: 	           
COMPANY NAME: Meadow Pointe Ill COD
DATE: 511 2120

	Larke':'heath Sign Project:		
	1 - Larkenheath Entrance 2 Median signs and 2 yellow Object markers (1 95 + 195)	$390.00	
	2 - (2) Larkenheath Dr. and Ambridge Dr. street signs, White w/green		
	(atop STOP sign) with brackets plus STOP signs needs replacing (450 + 450)	900.00	
	3 - Left turn and 15mph needs replacing (just past Larkenheath & Ambridge)	225.00	
	4 - Bensbrooke Dr. and Blythewood Way White w/green (atop STOP sign)		
	with brackets plus STOP sign leaning and needs replacing	450.00	
	5 - STOP sign leaning and needs replacing at Stillmeadow Dr. and		
	Bensbrooke Dr. (street signs ok)	1 55.00	
	6 - Stillmeadow Dr. and Wrightswynde Ct. street signs, White w/green		
	(atop STOP sign) with brackets plus STOP sign needs replacing	450.00	
	7 - Right 1 80 degree curve and 15mph	225.00	
	8 - Stillmeadow Dr. and Turkeyhill Dr. street signs, White w/green with brackets		
	(no stop sign here)	330.00	
	9 - Left 1 80 degree curve and 1 5mph	225.00	
	1O - Right turn and 15mph	225.00	
	11 - Bensbrooke Dr. and Turkeyhill Dr. street signs, White w/green		
	(no stop sign here) with brackets	330.00	
	12 - 2 Left turn(s) and 1 5mph(s) (225 + 225)	450.00	

TOTAL: $4, 355.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FOOT standards.

ThankYou: Romaner Graphics

ROMANER

GRAPHICS
design • lllustrnUon • printing • slgnago
brochuros· photography

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069

JOB ESTIMATE

FAX (813) 907-8205

COMPANY NAME:

Meadow Pointe Ill COD

TO:		 DATE: 5/12/20

Wrencrest Sign Project
1 - Wrencrest!Thackery Entrance needs 2 yellow object markers (medians ok)	$250.00 2 - Missing at Entrance: 25mph-No Parking-Any Street sign		400.00
- Chatterly Dr. and Thackery Way (atop STOP sign) leaning (signs ok)	90.00
- Atticus Ct. and Chatterly Dr. (atop STOP sign) leaning (signs ok)	90.00
- Harthorn Ct. and Chatterly Dr. (atop a stop sign) leaning (signs ok)	90.00
- Appleton Pl. and Chatterly Dr. White w/green (atop STOP sign) with
brackets plus STOP sign faded and leaning	450.00
- At Greely Ct. and Appleton Pl. , the Dead End with right pointing arrow
rectangle sign needs replacing and facing wrong direction	130.00
- Greely Ct. and Appleton Pl. (atop a STOP sign) just leaning (signs ok)	90.00
- Right turn and 10mph signs plus needs post (too low)	375.00
1O - Left turn and 10mph signs plus needs post (too low)	375.00
- Wrencrest Dr. and Appleton Pl. White w/green (atop STOP sign) with
brackets and leaning	330.00
- Dead End Diamond shape yellow on Wrencrest Dr.	155.00
- (2) Right turn missing 10mph on Wrencrest Dr.	(225 + 225)	450.00
- Left turn and 10mph on Wrencrest Dr. faded (also, tree blocking sign)	275.00
- Wolfert Pl. and Wrencrest Dr. White w/green (atop STOP sign) with brackets
plus STOP sign faded	450.00
- 30mph-No Parking-Any Street sign at MPII/MPIII border and leaning (post ok)	250.00
- Stokesley Pl. and Chatterly Dr. White w/green (atop STOP sign) with brackets
(STOP ok)	330.00
- STOP (symbol) ahead with arrow diamond sign faded	155.00

TOTAL: $4,735.00
Estimated completion date from time of approval - 3 weeks Signs to be manufactured and installed in accordance with MUTCD and FOOT standards.
T hankYou: Romaner Graphics

Quotation

Number: SO11912 Date: 02/12/2020

Sold To:
Meadow Pointe III
1500 Meadow Pointe Blvd. Wesley Chapel, FL 33543 Phone: +18139941001
Email: mhuber@rizzetta.com

Bill To:
Meadow Pointe III
1500 Meadow Pointe Blvd. Wesley Chapel, FL 33543 Phone: +18139941001
Email: mhuber@rizzetta.com

Ship To:
Meadow Pointe III
1500 Meadow Pointe Blvd. Wesley Chapel, FL 33543 Phone: +18139941001
Email: mhuber@rizzetta.com

Salesperson	PO Reference	Ship Via	Terms	F.O.B.	
Debra Kempker			50% Deposit / COD	FOB-Arete	

Model	

Quantity	

Description	

Unit Price	

Price	
TECHNICALSURVEY	1.000	Technical Survey to determine the signage that needs to	$ 775.00	$ 775.00	
		be replaced.			
REG-HI-1818-OM1-	17.000	18"x18" Aluminum Regulatory Sign, High Intensity	$ 41.00	$ 697.00	
1		Reflective Vinyl - DOT Sign Number: OM1-1 - 9 Button			
		Yellow			
HI-Warning	14.000	HI-Warning	$ 41.00	$ 574.00	
		DOT High Intensity Warning Sign			
		(DOT Sign Size: 18"w x 18"h | Warning Copy: W13-1-10			
		MPH)			
HI-Warning	10.000	HI-Warning	$ 41.00	$ 410.00	
		DOT High Intensity Warning Sign			
		(DOT Sign Size: 18"w x 18"h | Warning Copy: W13-1-15			
		MPH)			
HI-Reg	10.000	HI-Reg	$ 79.00	$ 790.00	
		HI-Regulatory | DOT High Intensity Regulatory Sign			
		(Directional Copy: R8-3a No Parking-symbol | DOT Sign			
		Size: 24"w x 24"h)			
HI-Reg	9.000	HI-Reg	$ 68.00	$ 612.00	
		HI-Regulatory | DOT High Intensity Regulatory Sign			
		(DOT Sign Size: 24"w x 12"h | Directional Copy: ANY			
		STREET)			

13209 Byrd Dr, Odessa, FL 33556-5307 • TOLL FREE: 866.456.7483 • LOCAL: 813.865.0208 • FAX: 813.926.2691 • http://www.areteindustries.us

Page:

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4

	Model	Quantity	Description	Unit Price	Price	
	HI-Warning	8.000	HI-Warning	$ 113.00	$ 904.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: W1-1L			
			Sharp Left Turn)			
	HI-Warning	9.000	HI-Warning	$ 113.00	$ 1,017.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: W1-1R			
			Sharp Right Turn)			
	HI-Warning	4.000	HI-Warning	$ 113.00	$ 452.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: w1-11R U-			
			Curve Right)			
	HI-Warning	4.000	HI-Warning	$ 113.00	$ 452.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: W1-11L U-			
			Curve Left)			
	HI-Warning	3.000	HI-Warning	$ 113.00	$ 339.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: Dead End -			
			W14-1)			
	HI-Warning	1.000	HI-Warning	$ 113.00	$ 113.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: Stop Ahead			
			W3-1)			
	HI-Warning	1.000	HI-Warning	$ 104.00	$ 104.00	
			DOT High Intensity Warning Sign			
			(Warning Copy: W14-2P NO OUTLET double sided | DOT			
			Sign Size: 24"w x 12"h)			
	HI-Reg	7.000	HI-Reg	$ 91.00	$ 637.00	
			HI-Regulatory | DOT High Intensity Regulatory Sign			
			(Directional Copy: R4-7 | DOT Sign Size: 24"w x 30"h)			
	HI-Warning	4.000	HI-Warning	$ 104.00	$ 416.00	
			DOT High Intensity Warning Sign			
			(Warning Copy: Dead End - Left W14-1aL | DOT Sign Size:			
			24"w x 12"h)			

13209 Byrd Dr, Odessa, FL 33556-5307 • TOLL FREE: 866.456.7483 • LOCAL: 813.865.0208 • FAX: 813.926.2691 • http://www.areteindustries.us

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	Model	Quantity	Description	Unit Price	Price	
	HI-Reg	2.000	HI-Reg	$ 76.00	$ 152.00	
			HI-Regulatory | DOT High Intensity Regulatory Sign			
			TOW AWAY **NEED COPY INFO**			
			(DOT Sign Size: 12"w x 18"h | Directional Copy: Custom)			
			TOW AWAY **NEED COPY INFO**			
	INSTALL	10.000	Installation Services- NEW POSTS WITH SIGNS	$ 75.00	$ 750.00	
	Meadow-U-	10.000	Meadow-U-Channel Post Kit	$ 127.00	$ 1,270.00	
	ChannelPostKit		U-Channel Post 12' & Breakaway Kit			
	cc812f-U-90	8.000	U-Channel Post Cap 9"	$ 18.00	$ 144.00	
			U-Channel Cap (9") non painted			
	cc812f-90	3.000	Cross for 9"	$ 18.00	$ 54.00	
			non painted			
	CC808F-U-90	49.000	U-Channel Post Cap 6"	$ 7.24	$ 354.76	
			U-Channel Cap (6") non painted			
	CC808F-90	47.000	Cross for 6"	$ 8.10	$ 380.70	
			non painted			
	HI-Stop	5.000	HI-Stop	$ 164.00	$ 820.00	
			HI-Stop Sign R1-1 DOT High Intensity Stop Sign			
			(DOT Sign Size: 36"w x 36"h)			
	HI-Stop	47.000	HI-Stop	$ 113.00	$ 5,311.00	
			HI-Stop Sign R1-1 DOT High Intensity Stop Sign			
			(DOT Sign Size: 30"w x 30"h)			
	HI-Speed	7.000	HI-Speed	$ 92.00	$ 644.00	
			HI-Speed Limit R2-1 DOT High Intensity Speed Limit Sign			
			(Speed Limit Sign Copy: 25 MPH | DOT Sign Size: 24"w x			
			30"h)			
	HI-Speed	1.000	HI-Speed	$ 92.00	$ 92.00	
			HI-Speed Limit R2-1 DOT High Intensity Speed Limit Sign			
			(Speed Limit Sign Copy: 30 MPH | DOT Sign Size: 24"w x			
			30"h)			
	HI-Bellair Street	89.000	HI-Bellair Street	$ 102.00	$ 9,078.00	
			Bellair Series Street Name Sign			
			(Street Blade Color: White | Street Blade Font Color:			
			Green | Street Blade Size: 30"w x 6"h)			

13209 Byrd Dr, Odessa, FL 33556-5307 • TOLL FREE: 866.456.7483 • LOCAL: 813.865.0208 • FAX: 813.926.2691 • http://www.areteindustries.us

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Model	Quantity	Description	Unit Price	Price	
HI-Bellair Street	3.000	HI-Bellair Street
Bellair Series Street Name Sign
(Street Blade Color: Green | Street Blade Font Color: White | Street Blade Size: 36"w x 9"h)	$ 150.00	$ 450.00	
HI-Bellair Street	2.000	HI-Bellair Street
Bellair Series Street Name Sign
(Street Blade Color: White | Street Blade Font Color: Green | Street Blade Size: 36"w x 9"h)	$ 150.00	$ 300.00	
Installation	121.000	Installation - EXISTING POSTS WITH NEW SIGNS	$ 37.50	$ 4,537.50	
Subtotal	$ 32,629.96	
Taxes	$ 0.00	
Total	$ 32,629.96	

Unless otherwise indicated, freight charges are determined upon completion of purchase
Accepted By: 	Date:	 By endorsing here, I have read and accept the below outlined terms of this agreement.
TERMS AND CONDITIONS:
TERMS: This quotation is subject to acceptance within 30 days from the date of the quotation. Arete Industries must approve all changes,
deletions, or additions to this proposal and any changes therefore will be reﬂected in the ﬁnal invoice. Unless otherwise indicated prices are F.O.B. Odessa, Florida and shipments will be sent C.O.D. with the carrier fees and freight charges prepaid and added to the ﬁnal invoice. Unless otherwise indicated this quotation does not include applicable sales or other taxes, if any. The status of this agreement shall be deemed to Pasco County, Florida and shall be governed by the laws of the state of Florida. If it becomes necessary to institute legal action or use any outside agency to enforce collection of amounts due under this agreement, buyer agrees to reimburse seller for all costs and attorney's fees.

PAYMENT: Unless otherwise noted above, a deposit of 50% is required with the signed copy of this agreement. Balance due upon delivery. A 4% processing fee is applied if paying by credit card. Late payments will be assessed a late payment fee of 1 ½% per month (18% annual interest rate) on any unpaid balance.

13209 Byrd Dr, Odessa, FL 33556-5307 • TOLL FREE: 866.456.7483 • LOCAL: 813.865.0208 • FAX: 813.926.2691 • http://www.areteindustries.us

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�CR E AT IVE 

PROPOSAL
Proposal #: 34709

� SIGN DESIGNS
CONSULT. DESIGN. FABRICATE. INSTALL.
P.O. Box 17299, Clearwater, FL 33762-0299

Proposal Date: Customer #: Page:

03/1 1/20
CRM025521
of 6

SOLD TO:	,_
Meadow Pointe Ill - Rizzetta Meadow Pointe Blvd.
Wesley Chapel FL 33543

Proposed By: Mary Magaraci

JOB LOCATION:
Meadow Pointe Ill - Rizzetta
Claridge Place / Sherringham / Nesslewood / Heatherstone
/ Beaconsfield / Larkenheath
Wrencrest / Rensselaer / Allchester / Whitlock / Broughton Place / Hillhurst Crossing / Ammanford
Wesley Chapel FL 33543 REQUESTED BY: Matthew E. Huber

SCOPE OF WORK
CREATIVE SIGN DESIGNS (HEREINAFTER CALLED "CREATIVE") PROPOSES TO FURNISH THE MATERIALS AND PERFORM THE LABOR NECESSARY FOR THE COMPLETION OF:

QTY

DESCRIPTION

UNIT PRICE

TOTAL PRICE

1	QUOTE 1184801
Meadow Pointe Ill - Community Sign Repairs - 13 Communities Included	$0.00	$0.00	
1	QUOTE 1184801A
INSTALLATION SERVICES · Installation Contact: Matthew Huber/ Email: mhuber@rizzetta.com / Phone: 813.994.1001, ext 2772 / GATE CODE: 110280	$5,933.00	$5,933.00	
1	QUOTE 1184801B
Meadow Pointe Ill - Community Sign Repairs - 13 Communities Included - We propose to provide the following:	$0.00	$0.00	
1	QUOTE 1184801C
Scope to include replacement of all sign faces. U-channel posts and crisscross brackets as needed. Sign Faces to Include the following:
- 36" Stop Panels
30" Stop Panels
DBL Sided Street Panels - Sizes to include: 9"x30" / 9"x36" / 9"x42" - Colors per county
requirements
OMl-1 - End of Road Markers - 18"x18"
Keep Right - 24"x30"
Speed Limit (25MPH or 30MPH "Wrencrest" only) - 24"x30"
No Outlet w/ Arrow - 12"x36"
No Parking Symbol • 24"x24"
Supplemental Any Street • 12"x24"
Various Warning Signs (L&R turn, Dead End etc.) - 30"x30"
Recommended Speed for Warning Signs (lOMPH & 15MPH)- 18"x18"
U-Channel w/ Break Away • 15 included
Street Panel Mounting Brackets • includes top crisscross & u- channel post mount - 15 included
U-channel - 12' length - 10 included	$32,016.00	$32,016.00	

CUSTOMER INITIALS	CSD INITIALS

il.llllCR E AT I VE 

PROPOSAL
Proposal #: 34709

� SIGN DESIGNS
CONSULT. DESIGN.  FABRICATE. INSTALL.
P. O. Box 17299, Clearwater, FL 33762-0299

Proposal Date: Customer #: Page:

03/1 1 /20
CRM025521
of 6

1	QUOTE #84801D
General Conditions: Project Coordination, design, shop drawings, survey and del ivery

$1,908.00

SUB TOTAL: ESTIMATED SALES TAXES:

$1,908.00

$39,857.00

$0.00

TOTAL PROPOSAL AMOUNT:	$39,857.00

The labor, material and equipment required for this job will be furnished by Creative Sign Designs, LLC for the Total Proposal Amount listed above.

Payment to be made as follows�:

_,50,00A"'o-"D'-"u"'e'--'Ue<Jp><>o<!.n'-'R"'"'ec""e"'ip"-'t

'-"ce"--'

All work is to be completed in a workmanlike manner according to standard practices. Any alteration or deviation from the above scope of work involving extra costs will become an extra charge in addition to the quoted price. Our workers are fully covered by Workmen's Compensation insurance. Unless otherwise specified, Contractor's work carries a one (1) year limited workmanship warranty. The Contract Documents consist of this proposal, the terms and conditions and all documents referenced therein are incorporated herein by reference.
This proposal will be subject to withdrawal if not accepted within 30 days.

I HAVE READ AND UNDERSTAND THIS PROPOSAL, THE TERMS AND CONDITIONS AND ALL DOCUMENTS REFERENCED THEREIN AND AGREE TO BE BOUND BY THEIR TERMS.

Respectfully submitted,

ACCEPTANCE OF PROPOSAL: The above prices.  specifications and conditions are Satisfactory and are hereby accepted.  Contractor is authorized to do the work as specified. By signing below, Customer acknowledges that
Customer  is the owner of the  property where  work  is to be performed.	CREATIVE SIGN DESIGNS, LLC

Meadow Pointe Ill - Riuetta

Signature:	 Printed Name & Title:  	                                                                     Date:  	

Signature:		 Printed Name & Title:  		 Date:  	

TERMS AND CONDITIONS

I.	General. This proposal is subject to change without notice and is automatically withdrawn on the 30th day following its date of issue if not accepted in writing and a copy of this proposal returned to Creative Sign Designs, LLC (· Contractor ). If Customer cancels the Agreement prior to the start of work. Customer is liable for 15% of the total

CUSTOMER INITIALS	CSD INITIALS

Quotation

Number: SO11802 Date: 01/29/2020

Sold To:
Meadow Pointe III
1500 Meadow Pointe Blvd. Wesley Chapel, FL 33543 Phone: +18139941001
Email: mhuber@rizzetta.com

Bill To:
Meadow Pointe III
1500 Meadow Pointe Blvd. Wesley Chapel, FL 33543 Phone: +18139941001
Email: mhuber@rizzetta.com

Ship To:
Meadow Pointe III
1500 Meadow Pointe Blvd. Wesley Chapel, FL 33543 Phone: +18139941001
Email: mhuber@rizzetta.com

Salesperson	PO Reference	Ship Via	Terms	F.O.B.	
Debra Kempker			50% Deposit / COD	FOB-Arete	

Model	

Quantity	

Description	

Unit Price	

Price	
TECHNICALSURVEY	1.000	Technical Survey to determine the signage that needs to	$ 775.00	$ 775.00	
		be replaced.			
REG-HI-1818-OM1-	17.000	18"x18" Aluminum Regulatory Sign, High Intensity	$ 41.00	$ 697.00	
1		Reflective Vinyl - DOT Sign Number: OM1-1 - 9 Button			
		Yellow			
HI-Warning	14.000	HI-Warning	$ 41.00	$ 574.00	
		DOT High Intensity Warning Sign			
		(DOT Sign Size: 18"w x 18"h | Warning Copy: W13-1-10			
		MPH)			
HI-Warning	10.000	HI-Warning	$ 41.00	$ 410.00	
		DOT High Intensity Warning Sign			
		(DOT Sign Size: 18"w x 18"h | Warning Copy: W13-1-15			
		MPH)			
HI-Reg	10.000	HI-Reg	$ 79.00	$ 790.00	
		HI-Regulatory | DOT High Intensity Regulatory Sign			
		(Directional Copy: R8-3a No Parking-symbol | DOT Sign			
		Size: 24"w x 24"h)			
HI-Reg	9.000	HI-Reg	$ 68.00	$ 612.00	
		HI-Regulatory | DOT High Intensity Regulatory Sign			
		(DOT Sign Size: 24"w x 12"h | Directional Copy: ANY			
		STREET)			

13209 Byrd Dr, Odessa, FL 33556-5307 • TOLL FREE: 866.456.7483 • LOCAL: 813.865.0208 • FAX: 813.926.2691 • http://www.areteindustries.us

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	Model	Quantity	Description	Unit Price	Price	
	HI-Warning	8.000	HI-Warning	$ 113.00	$ 904.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: W1-1L			
			Sharp Left Turn)			
	HI-Warning	9.000	HI-Warning	$ 113.00	$ 1,017.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: W1-1R			
			Sharp Right Turn)			
	HI-Warning	4.000	HI-Warning	$ 113.00	$ 452.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: w1-11R U-			
			Curve Right)			
	HI-Warning	4.000	HI-Warning	$ 113.00	$ 452.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: W1-11L U-			
			Curve Left)			
	HI-Warning	3.000	HI-Warning	$ 113.00	$ 339.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: Dead End -			
			W14-1)			
	HI-Warning	1.000	HI-Warning	$ 113.00	$ 113.00	
			DOT High Intensity Warning Sign			
			(DOT Sign Size: 30"w x 30"h | Warning Copy: Stop Ahead			
			W3-1)			
	HI-Warning	1.000	HI-Warning	$ 104.00	$ 104.00	
			DOT High Intensity Warning Sign			
			(Warning Copy: W14-2P NO OUTLET double sided | DOT			
			Sign Size: 24"w x 12"h)			
	HI-Reg	7.000	HI-Reg	$ 91.00	$ 637.00	
			HI-Regulatory | DOT High Intensity Regulatory Sign			
			(Directional Copy: R4-7 | DOT Sign Size: 24"w x 30"h)			
	HI-Warning	4.000	HI-Warning	$ 104.00	$ 416.00	
			DOT High Intensity Warning Sign			
			(Warning Copy: Dead End - Left W14-1aL | DOT Sign Size:			
			24"w x 12"h)			

13209 Byrd Dr, Odessa, FL 33556-5307 • TOLL FREE: 866.456.7483 • LOCAL: 813.865.0208 • FAX: 813.926.2691 • http://www.areteindustries.us

Page:

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4

	Model	Quantity	Description	Unit Price	Price	
	HI-Reg	2.000	HI-Reg	$ 76.00	$ 152.00	
			HI-Regulatory | DOT High Intensity Regulatory Sign			
			TOW AWAY **NEED COPY INFO**			
			(DOT Sign Size: 12"w x 18"h | Directional Copy: Custom)			
			TOW AWAY **NEED COPY INFO**			
	INSTALL	131.000	Installation Services	$ 75.00	$ 9,825.00	
	Meadow-U-	131.000	Meadow-U-Channel Post Kit	$ 127.00	$ 16,637.00	
	ChannelPostKit		U-Channel Post 12' & Breakaway Kit			
	cc812f-U-90	9.000	U-Channel Post Cap 9"	$ 18.00	$ 162.00	
			U-Channel Cap (9") non painted			
	cc812f-90	4.000	Cross for 9"	$ 18.00	$ 72.00	
			non painted			
	CC808F-U-90	60.000	U-Channel Post Cap 6"	$ 7.24	$ 434.40	
			U-Channel Cap (6") non painted			
	CC808F-90	58.000	Cross for 6"	$ 8.10	$ 469.80	
			non painted			
	HI-Stop	5.000	HI-Stop	$ 164.00	$ 820.00	
			HI-Stop Sign R1-1 DOT High Intensity Stop Sign			
			(DOT Sign Size: 36"w x 36"h)			
	HI-Stop	47.000	HI-Stop	$ 113.00	$ 5,311.00	
			HI-Stop Sign R1-1 DOT High Intensity Stop Sign			
			(DOT Sign Size: 30"w x 30"h)			
	HI-Speed	7.000	HI-Speed	$ 92.00	$ 644.00	
			HI-Speed Limit R2-1 DOT High Intensity Speed Limit Sign			
			(Speed Limit Sign Copy: 25 MPH | DOT Sign Size: 24"w x			
			30"h)			
	HI-Speed	1.000	HI-Speed	$ 92.00	$ 92.00	
			HI-Speed Limit R2-1 DOT High Intensity Speed Limit Sign			
			(Speed Limit Sign Copy: 30 MPH | DOT Sign Size: 24"w x			
			30"h)			
	HI-Bellair Street	89.000	HI-Bellair Street	$ 102.00	$ 9,078.00	
			Bellair Series Street Name Sign			
			(Street Blade Color: White | Street Blade Font Color:			
			Green | Street Blade Size: 30"w x 6"h)			

13209 Byrd Dr, Odessa, FL 33556-5307 • TOLL FREE: 866.456.7483 • LOCAL: 813.865.0208 • FAX: 813.926.2691 • http://www.areteindustries.us

Page:

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4

Model	Quantity  Description	Unit Price	Price

HI-Bellair Street	3.000 HI-Bellair Street
Bellair Series Street Name Sign
(Street Blade Color: Green | Street Blade Font Color: White | Street Blade Size: 36"w x 9"h)

$ 150.00	$ 450.00

HI-Bellair Street	2.000 HI-Bellair Street
Bellair Series Street Name Sign
(Street Blade Color: White | Street Blade Font Color: Green | Street Blade Size: 36"w x 9"h)

$ 150.00	$ 300.00

Subtotal	$ 52,739.20
Taxes	$ 0.00

Total	$ 52,739.20

Unless otherwise indicated, freight charges are determined upon completion of purchase
Accepted By: 	Date:	 By endorsing here, I have read and accept the below outlined terms of this agreement.
TERMS AND CONDITIONS:
TERMS: This quotation is subject to acceptance within 30 days from the date of the quotation. Arete Industries must approve all changes,
deletions, or additions to this proposal and any changes therefore will be reﬂected in the ﬁnal invoice. Unless otherwise indicated prices are F.O.B. Odessa, Florida and shipments will be sent C.O.D. with the carrier fees and freight charges prepaid and added to the ﬁnal invoice. Unless otherwise indicated this quotation does not include applicable sales or other taxes, if any. The status of this agreement shall be deemed to Pasco County, Florida and shall be governed by the laws of the state of Florida. If it becomes necessary to institute legal action or use any outside agency to enforce collection of amounts due under this agreement, buyer agrees to reimburse seller for all costs and attorney's fees.

PAYMENT: Unless otherwise noted above, a deposit of 50% is required with the signed copy of this agreement. Balance due upon delivery. A 4% processing fee is applied if paying by credit card. Late payments will be assessed a late payment fee of 1 ½% per month (18% annual interest rate) on any unpaid balance.

13209 Byrd Dr, Odessa, FL 33556-5307 • TOLL FREE: 866.456.7483 • LOCAL: 813.865.0208 • FAX: 813.926.2691 • http://www.areteindustries.us

Page:

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4

JOB ESTIMATE

20108 Pond Spring Way Tampa, FL 33647
(813) 991-6069
FAX (813) 907-8205

TO:  	

COMPANY NAME:

Meadow Pointe III

DATE: 5/27/20	

QUOTE:

Repair and paint monument signs:

167.5” x 59” Alchester (2 sided) -	$1,550.00
167.5” x 59” Beaconsfield (2 sided) -	$1,550.00
167.5” x 59” Larkenheath (2 sided) -	$1,550.00
167.5” x 59” Sherringham / Nesslewood (2 sided) -	$1,550.00
120” x 24” Whitlock (2 sided) -	$1,150.00

Using Sherwin Williams Resilience Paint Protege Bronze SW 6153.

TOTAL: $7,350.00

Thank You: Romaner Graphics

Tab 3

RESOLUTION 2020-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE MEADOW POINTE III COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED OPERATION AND MAINTENANCE BUDGET AND A PROPOSED RESERVE FUND BUDGET FOR FISCAL YEAR 2020/2021; SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING, AND PUBLICATION REQUIREMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the Meadow Pointe III Community Development District (“District”) prior to June 15, 2020 a proposed operation and maintenance budget and a proposed reserve fund budget for the fiscal year beginning October 1, 2020 and ending September 30, 2021 (collectively, “Proposed Budget”); and

WHEREAS, the Board has considered the Proposed Budget and desires to approve the Proposed Budget and set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE MEADOW POINTE III COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget, including any modifications made by the Board, attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. The public hearing on said Proposed Budget is hereby declared and set for the following date, hour, and location:

DATE:	August 19, 2020

HOUR:	6:30 p.m.

LOCATION*:	Meadow Pointe III Clubhouse
1500 Meadow Pointe Blvd. Wesley Chapel, FL 33543

*Please note that pursuant to Governor DeSantis’ Executive Order 20-69 (as extended by Executive Order 20-112 and as it may be further extended or amended) relating to the COVID- 19 public health emergency and to protect the public and follow the CDC guidance regarding social distancing, such public hearing and meeting may be held telephonically or virtually. Please check on the District’s website for the latest information: http://meadowpointe3.org/.

{00086134.DOC/}	Page 1 of 2

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Pasco County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the Proposed Budget on the District’s website at least two days before the budget hearing date and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed by Florida law.

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

PASSED AND ADOPTED THIS 3rd DAY OF JUNE, 2020.

Attest:	Meadow Pointe III
Community Development District

Assistant Secretary	Chair/Vice-Chair of the Board of Supervisors

Exhibit A:	Proposed Budget for Fiscal Year 2020/2021

{00086134.DOC/}	Page 2 of 2

Exhibit A

Meadow Pointe III Community Development District
meadowpointe3.org

Proposed Budget for Fiscal Year 2020/2021 Presented by: Rizzetta & Company, Inc.

5844 Old Pasco Rd. Suite 100 Wesley Chapel Florida 33544 Phone: 813-994-1001

rizzetta.com

TABLE OF CONTENTS

Page

General Fund Budget Account Category Descriptions	1	
Reserve Fund Budget Account Category Descriptions	9	

Debt Service Fund Budget Account Category Descriptions	10	
General Fund Budget for Fiscal Year 2020/2021	11	
Reserve Fund Budget for Fiscal Year 2020/2021	13	
Debt Service Fund Budget for Fiscal Year 2020/2021	14	
Assessments Charts for Fiscal Year 2020/2021	15	

3

GENERAL FUND BUDGET ACCOUNT CATEGORY DESCRIPTION

The General Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all General Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.

REVENUES:

Interest Earnings: The District may earn interest on its monies in the various operating accounts.

Tax Roll: The District levies Non-Ad Valorem Special Assessments on all of the assessable property within the District to pay for operating expenditures incurred during the Fiscal Year. The assessments may be collected in two ways. The first is by placing them on the County’s Tax Roll, to be collected with the County’s Annual Property Tax Billing. This method is only available to land properly platted within the time limits prescribed by the County.

Off Roll: For lands not on the tax roll and that is by way of a direct bill from the District to the appropriate property owner.

Developer Contributions: The District may enter into a funding agreement and receive certain prescribed dollars from the Developer to off-set expenditures of the District.

Event Rental: The District may receive monies for event rentals for such things as weddings, birthday parties, etc.

Miscellaneous Revenues: The District may receive monies for the sale or provision of electronic access cards, entry decals etc.

Facilities Rentals: The District may receive monies for the rental of certain facilities by outside sources, for such items as office space, snack bar/restaurants etc.

EXPENDITURES – ADMINISTRATIVE:

Supervisor Fees: The District may compensate its supervisors within the appropriate statutory limits of $200.00 maximum per meeting within an annual cap of $4,800.00 per supervisor.

Administrative Services: The District will incur expenditures for the day to today operation of District matters. These services include support for the District Management function, recording

4

and preparation of meeting minutes, records retention and maintenance in accordance with Chapter 119, Florida Statutes, and the District’s adopted Rules of Procedure, preparation and delivery of agenda, overnight deliveries, facsimiles and phone calls.

District Management: The District as required by statute, will contract with a firm to provide for management and administration of the District’s day to day needs. These services include the conducting of board meetings, workshops, overall administration of District functions, all required state and local filings, preparation of annual budget, purchasing, risk management, preparing various resolutions and all other secretarial duties requested by the District throughout the year is also reflected in this amount.

District Engineer: The District’s engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of construction invoices and all other engineering services requested by the district throughout the year.

Disclosure Report: The District is required to file quarterly and annual disclosure reports, as required in the District’s Trust Indenture, with the specified repositories. This is contracted out to a third party in compliance with the Trust Indenture.

Trustee’s Fees: The District will incur annual trustee’s fees upon the issuance of bonds for the oversight of the various accounts relating to the bond issues.

Assessment Roll: The District will contract with a firm to maintain the assessment roll and annually levy a Non-Ad Valorem assessment for operating and debt service expenses.

Financial & Revenue Collections: Services include all functions necessary for the timely billing and collection and reporting of District assessments in order to ensure adequate funds to meet the District’s debt service and operations and maintenance     obligations.  These services include, but are not limited to, assessment roll preparation and certification, direct billings and funding request processing as well as responding to property owner questions regarding District assessments. This line item also includes the fees incurred for a Collection Agent to collect the funds for the principal and interest payment for its short-term bond issues and any other bond related collection needs. These funds are collected as prescribed in the Trust Indenture. The Collection Agent also provides for the release of liens on property after the full collection of bond debt levied on particular properties.

Accounting Services: Services include the preparation and delivery of the District’s financial statements in accordance with Governmental Accounting Standards, accounts payable and accounts receivable functions, asset tracking, investment tracking, capital program administration and requisition processing, filing of annual reports required by the State of Florida and monitoring of trust account activity.

Auditing Services: The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting firm, once it reaches certain revenue and expenditure levels, or has issued bonds and incurred debt.

5

Arbitrage Rebate Calculation: The District is required to calculate the interest earned from bond proceeds each year pursuant to the Internal Revenue Code of 1986. The Rebate Analyst is required to verify that the District has not received earnings higher than the yield of the bonds.

Travel: Each Board Supervisor and the District Staff are entitled to reimbursement for travel expenses per Florida Statutes 190.006(8).

Public Officials Liability Insurance: The District will incur expenditures for public officials’ liability insurance for the Board and Staff.

Legal Advertising: The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to meeting schedules, special meeting notices, and public hearings, bidding etc. for the District based on statutory guidelines

Bank Fees: The District will incur bank service charges during the year.

Dues, Licenses & Fees: The District is required to pay an annual fee to the Department of Economic Opportunity, along with other items which may require licenses or permits, etc.

Miscellaneous Fees: The District could incur miscellaneous throughout the year, which may not fit into any standard categories.

Website Hosting, Maintenance and Email: The District may incur fees as they relate to the development and ongoing maintenance of its own website along with possible email services if requested.

District Counsel: The District’s legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts and all other legal services requested by the district throughout the year.

EXPENDITURES - FIELD OPERATIONS:

Deputy Services: The District may wish to contract with the local police agency to provide security for the District.

Security  Services and Patrols:	The District may wish to contract with a private company to provide security for the District.

Electric Utility Services: The District will incur electric utility expenditures for general purposes such as irrigation timers, lift station pumps, fountains, etc.

6

Street Lights: The District may have expenditures relating to street lights throughout the community. These may be restricted to main arterial roads or in some cases to all street lights within the District’s boundaries.
Utility - Recreation Facility: The District may budget separately for its recreation and or amenity electric separately.

Gas Utility Services: The District may incur gas utility expenditures related to district operations at its facilities such as pool heat etc.

Garbage - Recreation Facility: The District will incur expenditures related to the removal of garbage and solid waste.

Solid Waste Assessment Fee: The District may have an assessment levied by another local government for solid waste, etc.

Water-Sewer Utility Services: The District will incur water/sewer utility expenditures related to district operations.

Utility - Reclaimed: The District may incur expenses related to the use of reclaimed water for irrigation.

Aquatic Maintenance: Expenses related to the care and maintenance of the lakes and ponds for the control of nuisance plant and algae species.

Fountain Service Repairs & Maintenance: The District may incur expenses related to maintaining the fountains within throughout the Parks & Recreational areas

Lake/Pond Bank Maintenance: The District may incur expenditures to maintain lake banks, etc. for the ponds and lakes within the District’s boundaries, along with planting of beneficial aquatic plants, stocking of fish, mowing and landscaping of the banks as the District determines necessary.

Wetland Monitoring & Maintenance: The District may be required to provide for certain types of monitoring and maintenance activities for various wetlands and waterways by other governmental entities.

Mitigation Area Monitoring & Maintenance: The District may be required to provide for certain types of monitoring and maintenance activities for various mitigation areas by other governmental entities.

Aquatic Plant Replacement: The expenses related to replacing beneficial aquatic plants, which may or may not have been required by other governmental entities.

General Liability Insurance: The District will incur fees to insure items owned by the District for its general liability needs

Property Insurance: The District will incur fees to insure items owned by the District for its property needs

7

Entry and Walls Maintenance: The District will incur expenditures to maintain the entry monuments and the fencing.
Landscape Maintenance: The District will incur expenditures to maintain the rights-of-way, median strips, recreational facilities including pond banks, entryways, and similar planting areas within the District. These services include but are not limited to monthly landscape maintenance, fertilizer, pesticides, annuals, mulch, and irrigation repairs.

Irrigation Maintenance: The District will incur expenditures related to the maintenance of the irrigation systems.

Irrigation Repairs: The District will incur expenditures related to repairs of the irrigation systems.

Landscape Replacement: Expenditures related to replacement of turf, trees, shrubs etc.

Field Services: The District may contract for field management services to provide landscape maintenance oversight.

Miscellaneous Fees: The District may incur miscellaneous expenses that do not readily fit into defined categories in field operations.

Gate Phone: The District will incur telephone expenses if the District has gates that are to be opened and closed.

Street/Parking Lot Sweeping: The District may incur expenses related to street sweeping for roadways it owns or are owned by another governmental entity, for which it elects to maintain.

Gate Facility Maintenance: Expenses related to the ongoing repairs and maintenance of gates owned by the District if any.

Sidewalk Repair & Maintenance: Expenses related to sidewalks located in the right of way of streets the District may own if any.

Roadway Repair & Maintenance: Expenses related to the repair and maintenance of roadways owned by the District if any.

Employees - Salaries: The District may incur expenses for employees/staff members needed for the recreational facilities such as Clubhouse Staff.

Employees - P/R Taxes: This is the employer’s portion of employment taxes such as FICA etc.

Employee - Workers’ Comp: Fees related to obtaining workers compensation insurance.

Management Contract: The District may contract with a firm to provide for the oversight of its recreation facilities.

Maintenance & Repair: The District may incur expenses to maintain its recreation facilities.

8

Facility Supplies: The District may have facilities that required various supplies to operate.

Gate Maintenance & Repairs: Any ongoing gate repairs and maintenance would be included in this line item.

Telephone, Fax, Internet: The District may incur telephone, fax and internet expenses related to the recreational facilities.

Office Supplies: The District may have an office in its facilities which require various office related supplies.

Clubhouse - Facility Janitorial Service: Expenses related to the cleaning of the facility and related supplies.

Pool Service Contract: Expenses related to the maintenance of swimming pools and other water features.

Pool Repairs: Expenses related to the repair of swimming pools and other water features.

Security System Monitoring & Maintenance: The District may wish to install a security system for the clubhouse

Clubhouse Miscellaneous Expense: Expenses which may not fit into a defined category in this section of the budget

Athletic/Park Court/Field Repairs: Expense related to any facilities such as tennis, basketball etc.

Trail/Bike Path Maintenance: Expenses related to various types of trail or pathway systems the District may own, from hard surface to natural surfaces.

Special Events: Expenses related to functions such as holiday events for the public enjoyment

Miscellaneous Fees:	Monies collected and allocated for fees that the District could incur throughout the year, which may not fit into any standard categories.

Miscellaneous Contingency: Monies collected and allocated for expenses that the District could incur throughout the year, which may not fit into any standard categories.

Capital Outlay:	Monies collected and allocated for various projects as they relate to public improvements.

9

RESERVE FUND BUDGET ACCOUNT CATEGORY DESCRIPTION

The Reserve Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all Reserve Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.

REVENUES:

Tax Roll: The District levies Non-Ad Valorem Special Assessments on all of the assessable property within the District to pay for operating expenditures incurred during the Fiscal Year. The assessments may be collected in two ways. The first is by placing them on the County’s Tax Roll, to be collected with the County’s Annual Property Tax Billing. This method is only available to land properly platted within the time limits prescribed by the County.

Off Roll: For lands not on the tax roll and that is by way of a direct bill from the District to the appropriate property owner.

Developer Contributions: The District may enter into a funding agreement and receive certain prescribed dollars from the Developer to off-set expenditures of the District.

Miscellaneous Revenues: The District may receive monies for the sale or provision of electronic access cards, entry decals etc.

EXPENDITURES:

Capital Reserve: Monies collected and allocated for the future repair and replacement of various capital improvements such as club facilities, swimming pools, athletic courts, roads, etc.

Capital Outlay:	Monies collected and allocated for various projects as they relate to public improvements.

10

DEBT SERVICE FUND BUDGET ACCOUNT CATEGORY DESCRIPTION
The Debt Service Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all Debt Service Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.

REVENUES:

Special Assessments: The District may levy special assessments to repay the debt incurred by the sale of bonds to raise working capital for certain public improvements. The assessments may be collected in the same fashion as described in the Operations and Maintenance Assessments.

EXPENDITURES – ADMINISTRATIVE:

Bank Fees: The District may incur bank service charges during the year.

Debt Service Obligation: This would a combination of the principal and interest payment to satisfy the annual repayment of the bond issue debt.

11

Proposed Budget
Meadow Pointe III Community Development District General Fund
Fiscal Year 2020/2021

Chart of Accounts Classification	Actual YTD through 04/30/20	Projected Annual Totals
2019/2020	Annual Budget for 2019/2020	Projected Budget variance for
2019/2020	
Budget for 2020/2021	Budget Increase (Decrease) vs
2019/2020	
Comments	
								
REVENUES								
Interest Earnings	$	5,619	$	5,619	$	-	$	5,619	0	$	-		
Special Assessments								
Tax Roll*	$ 1,772,951	$ 1,772,951	$ 1,760,309	$	12,642	$ 1,683,119	$	(77,190)		
Other Miscellaneous Revenues								
Miscellaneous Revenues	$	-	$	-	$	-	$	-	$	-	$	-		
Non-Resident Annual Fees	$	350	$	600	$	200	$	400	$	-	$	(200)		
Key Fobs	$	290	$	497	$	600	$	(103)	$	-	$	(600)		
Remotes	$	3,224	$	4,227	$	4,500	$	(273)	$	2,000	$	(2,500)		
Rentals	$	1,310	$	2,246	$	4,500	$	(2,254)	$	-	$	(4,500)		
Vending Machines	$	208	$	257	$	200	$	57	$	200	$	-		
Cell Tower Lease	$	19,783	$	28,414	$	28,262	$	152	$	28,262	$	-		
								
TOTAL REVENUES	$ 1,803,736	$ 1,809,192	$ 1,798,571	$	10,621	$ 1,713,581	$	(84,990)		
								
Balance Forward from Prior Year	$ 226,665	$ 226,665	$ 226,665	$	-	$	-	$ (226,665)		
								
TOTAL REVENUES AND BALANCE FORWARD	$ 2,030,401	$ 2,035,857	$ 2,025,236	$	10,621	$ 1,713,581	$ (311,655)		

								
EXPENDITURES - ADMINISTRATIVE								
								
Legislative								
Supervisor Fees	$	6,800	$	11,657	$	16,000	$	4,343	$	16,000	$	-	16 meetings	
Financial & Administrative								
Administrative Services	$	3,383	$	5,800	$	5,800	$	-	$	5,974	$	174		
District Management	$	18,958	$	32,500	$	32,500	$	-	$	33,475	$	975		
District Engineer	$	12,992	$	22,272	$	20,000	$	(2,272)	$	25,000	$	5,000		
Disclosure Report	$	3,000	$	3,000	$	3,100	$	100	$	3,100	$	-		
Trustees Fees	$	8,993	$	8,993	$	10,000	$	1,007	$	10,000	$	-		
Tax Collector /Property Appraiser Fees	$	-	$	-	$	150	$	150	$	150	$	-		
Financial & Revenue Collections	$	2,917	$	5,000	$	5,000	$	-	$	5,150	$	150		
Accounting Services	$	12,250	$	21,000	$	21,000	$	-	$	21,630	$	630		
Auditing Services	$	5,078	$	5,078	$	3,675	$	(1,403)	$	3,675	$	-		
Arbitrage Rebate Calculation	$	500	$	1,950	$	1,950	$	-	$	1,950	$	-		
Assessment Roll	$	5,000	$	5,000	$	5,000	$	-	$	5,150	$	150		
Miscellaneous Mailings	$	-	$	-	$	2,500	$	2,500	$	2,500	$	-	additional mailings	
Square Account Fees	$	118	$	283	$	-	$	(283)	$	300	$	300	POS for clubhouse sales	
Public Officials Liability Insurance	$	2,819	$	2,819	$	3,675	$	856	$	3,675	$	-	Egis estimate	
Legal Advertising	$	620	$	1,063	$	1,000	$	(63)	$	1,500	$	500		
Dues, Licenses & Fees	$	275	$	275	$	450	$	175	$	450	$	-		
Website Hosting, Maintenance, Backup (and	$	1,200	$	2,057	$	5,000	$	2,943	$	5,000	$	-	increase for ADA compliance	
Legal Counsel								
District Counsel	$	19,233	$	32,971	$	18,000	$	(14,971)	$	22,500	$	4,500		
								
Administrative Subtotal	$ 104,136	$ 161,718	$ 154,800	$	(6,918)	$	167,179	$	12,379		
								
EXPENDITURES - FIELD OPERATIONS								
								
Law Enforcement								
Deputy	$	61,126	$ 104,992	$	99,654	$	(5,338)	$	105,000	$	5,346	PCSO contract (updated 10-16-19)	
Electric Utility Services								
Utility Services	$	14,747	$	25,281	$	31,000	$	5,719	$	31,000	$	-		
Street Lights	$	57,201	$	98,059	$	98,000	$	(59)	$	98,000	$	-		
Garbage/Solid Waste Control Services								
Garbage - Residential	$ 103,927	$ 192,161	$ 192,246	$	85	$	192,246	$	-	$8.96/mo per unit	
Garbage - Recreation Facility	$	528	$	905	$	800	$	(105)	$	905	$	105		
Solid Waste Assessment	$	2,060	$	2,060	$	1,000	$	(1,060)	$	2,075	$	1,075		
Water-Sewer Combination Services								
Utility Services - Recreation Facility	$	3,753	$	6,434	$	3,000	$	(3,434)	$	4,000	$	1,000	Based on current trend	
Stormwater Control								
Mitigation Area Monitoring & Maintenance	$	900	$	1,543	$	4,810	$	3,267	$	4,810	$	-		
Aquatic Plant Replacement	$	-	$	-	$	7,500	$	7,500	$	7,500	$	-		
Aquatic Maintenance	$	38,003	$	66,148	$	66,480	$	332	$	66,480	$	-	Aquatic Systems $5,540/mo	
Stormwater Assessment	$	3,767	$	3,767	$	3,800	$	33	$	3,800	$	-		
Stormwater System Maintenance	$	-	$	-	$	5,000	$	5,000	$	5,000	$	-		
Other Physical Environment								
Landscape inspections	$	11,200	$	19,200	$	16,500	$	(2,700)	$	9,000	$	(7,500)	OLM @ $750/mo.	
Property Insurance	$	8,085	$	8,085	$	6,135	$	(1,950)	$	6,500	$	365	Egis estimate	
General Liability Insurance	$	3,075	$	3,075	$	2,888	$	(187)	$	3,750	$	862	Egis estimate	
Flood Insurance	$	2,781	$	2,781	$	2,175	$	(606)	$	3,000	$	825		
Street Light Deposit Bond	$	566	$	970	$	650	$	(320)	$	650	$	-		
Entry & Walls Maintenance	$	2,513	$	4,308	$	5,000	$	692	$	5,000	$	-		

12

Proposed Budget
Meadow Pointe III Community Development District General Fund
Fiscal Year 2020/2021

Chart of Accounts Classification	Actual YTD through 04/30/20	Projected Annual Totals
2019/2020	Annual Budget for 2019/2020	Projected Budget variance for
2019/2020	
Budget for 2020/2021	Budget Increase (Decrease) vs
2019/2020	
Comments	
Landscape Maintenance	$ 146,750	$ 251,571	$ 212,508	$	(39,063)	$	269,476	$	56,968	Yellowstone Agreement	
Irrigation Maintenance & Repair	$	12,212	$	20,935	$	20,000	$	(935)	$	20,000	$	-		
Annual Color Rotation	$	6,400	$	10,971	$	20,000	$	9,029	$	20,000	$	-	4 rotations	
Holiday Decorations	$	1,845	$	1,845	$	-	$	(1,845)	$	2,000	$	2,000	Used Decorating Elves FY19/20	
Landscape Replacement Plants, Shrubs, Trees	$	-	$	-	$	40,000	$	40,000	$	40,000	$	-		
Landscape - Mulch	$	31,500	$	31,500	$	38,000	$	6,500	$	63,000	$	25,000	Yellowstone Agreement	
Landscape - Fertilizer Applications	$	8,750	$	15,000	$	30,000	$	15,000	$	30,000	$	-		
Tree Trimming Services	$	-	$	-	$	10,800	$	10,800	$	10,800	$	-		
Fire Ant Treatment	$	-	$	-	$	10,000	$	10,000	$	10,000	$	-		
Landscape - Pest Control	$	1,905	$	3,266	$	5,300	$	2,034	$	5,300	$	-		
Well Maintenance	$	-	$	-	$	6,000	$	6,000	$	6,000	$	-		
Lift Station Maintenance	$	556	$	953	$	10,000	$	9,047	$	10,000	$	-		
Wildlife Management Services	$	350	$	600	$	6,000	$	5,400	$	6,000	$	-	hog trapping	
Miscellaneous Expense	$	8,391	$	8,391	$	18,000	$	18,000	$	18,000	$	-	conservation cutbacks	
Road & Street Facilities								
Gate Maintenance	$	15,539	$	26,638	$	35,000	$	8,362	$	30,000	$	(5,000)		
Gate Phone	$	4,982	$	8,541	$	7,500	$	(1,041)	$	8,700	$	1,200		
Sidewalk Repair & Maintenance	$	4,750	$	8,143	$	15,000	$	6,857	$	15,000	$	-		
Street Sign Repair & Replacement	$	-	$	-	$	1,000	$	1,000	$	1,000	$	-		
Roadway Repair & Maintenance	$	5,303	$	9,091	$	5,000	$	(4,091)	$	5,000	$	-		
Street Light Decorative Light Maintenance	$	-	$	-	$	2,000	$	2,000	$	2,000	$	-		
Parking Lot Repair & Maintenance	$	-	$	-	$	5,000	$	5,000	$	5,000	$	-		
Parks & Recreation								
Management Contract	$ 109,224	$ 219,241	$ 221,000	$	1,759	$	280,000	$	59,000	Additional Staffing	
Staff cellphone & mileage	$	-	$	-	$	-	$	-	$	1,020	$	1,020	Verizon avg $85/month	
Pool Repairs	$	13,575	$	23,271	$	5,000	$	(18,271)	$	5,000	$	-		
Pool/Water Park/Fountain Maintenance	$	8,015	$	13,740	$	13,740	$	-	$	13,740	$	-	$1145/mo	
Facilities - Pest Control	$	357	$	612	$	550	$	(62)	$	750	$	200		
Facility A/C & Heating Maintenance & Repair	$	386	$	662	$	10,000	$	9,338	$	1,500	$	(8,500)		
Playground Equipment and Maintenance	$	-	$	-	$	1,500	$	1,500	$	1,500	$	-		
Operating Supplies	$	12,200	$	15,914	$	7,500	$	(8,414)	$	15,000	$	7,500		
Dog Waste Station Supplies	$	764	$	1,310	$	1,900	$	590	$	1,900	$	-		
Vehicle Maintenance	$	1,424	$	2,441	$	2,000	$	(441)	$	3,000	$	1,000		
Clubhouse repairs/Maintenance	$	9,216	$	15,799	$	5,000	$	(10,799)	$	18,000	$	13,000	Formerly Misc. Expenses	
Security System Monitoring & Maintenance	$	4,617	$	7,915	$	5,000	$	(2,915)	$	8,000	$	3,000		
Clubhouse Internet, Cable & Phone	$	715	$	1,226	$	3,500	$	2,274	$	2,500	$	(1,000)		
Athletic/Park Court/Field Repairs	$	621	$	1,065	$	5,000	$	3,935	$	5,000	$	-		
Boardwalk and Bridge Maintenance	$	-	$	-	$	10,000	$	10,000	$	1,500	$	(8,500)	Boardwalk is closed	
Computer Support, Maintenance & Repair	$	-	$	-	$	1,000	$	1,000	$	1,000	$	-		
Fitness Equipment Maintenance & Repairs	$	327	$	561	$	2,000	$	1,439	$	2,000	$	-		
Special Events								
Special Events	$	4,585	$	7,860	$	10,000	$	2,140	$	10,000	$	-		
Street Tree Removal Program Phase 4								
Tree purchase	$	49,963	$	49,963	$ 125,000	$	75,037	$	-	$ (125,000)		
Street Tree Removal	$ 164,568	$ 164,568	$ 150,000	$	(14,568)		$ (150,000)		
Street Tree Install	$ 165,789	$ 165,789	$ 223,000	$	57,211	$	25,000	$ (198,000)	Misc. clean up of project as needed	
Contingency								
Capital Outlay	$	-	$	-	$	24,000	$	24,000	$	24,000	$	-		
								
Field Operations Subtotal	$ 1,109,811	$ 1,629,150	$ 1,870,436	$ 249,677	$ 1,546,402	$ (324,034)		
								
Contingency for County TRIM Notice								
								
TOTAL EXPENDITURES	$ 1,213,948	$ 1,790,868	$ 2,025,236	$ 242,759	$ 1,713,581	$ (311,655)		
								
EXCESS OF REVENUES OVER EXPENDITURES	$ 816,453	$ 244,989	$	-	$ 253,380	$	-	$	-		

13

Proposed Budget
Meadow Pointe III Community Development District Reserve Fund
Fiscal Year 2020/2021

Chart of Accounts Classification	Actual YTD through 04/30/20	Projected Annual Totals
2019/2020	Annual Budget for 2019/2020	Projected Budget variance for
2019/2020	
Budget for 2020/2021	Budget Increase (Decrease)
vs 2019/2020	
Comments	
								
REVENUES								
								
Special Assessments								
Tax Roll*	$ 225,158	$ 225,158	$ 225,158	$	-	$ 302,336	$	77,178		
Other Miscellaneous Revenues								
								
TOTAL REVENUES	$ 225,158	$ 225,158	$ 225,158	$	-	$ 302,336	$	77,178		
								
Balance Forward from Prior Year	$	-	$	-	$	-	$	-	$	-	$	-		
								
TOTAL REVENUES AND BALANCE FORWARD	$ 225,158	$ 225,158	$ 225,158	$	-	$ 302,336	$	77,178		

								
EXPENDITURES								
								
Contingency								
Capital Reserves- Road Reserve	$	11,313	$	19,394	$ 117,561	$	98,167	$ 117,561	$	-		
Capital Reserves- Asset Replacement	$ 133,297	$ 133,297	$ 107,597	$	(25,700)	$ 184,775	$	77,178		
								
TOTAL EXPENDITURES	$ 144,610	$ 152,691	$ 225,158	$	72,467	$ 302,336	$	77,178		
								
EXCESS OF REVENUES OVER EXPENDITURES	$	80,548	$	72,467	$	-	$	72,467	$	-	$	-		

14

Meadow Pointe III Community Development District	
Debt Service	
Fiscal Year 2020/2021	

Chart of Accounts Classification	Series 2013	Series 2015A	Series 2007	Budget for 2020/2021	
					
REVENUES					
Special Assessments					
Net Special Assessments (1)	$ 363,934.62	$	223,525.17	$	353,623.04	$	941,082.83	
					
TOTAL REVENUES	$ 363,934.62	$	223,525.17	$	353,623.04	$	941,082.83	

EXPENDITURES					
Administrative					
Financial & Administrative					
				0	
Debt Service Obligation	$ 363,934.62	$	223,525.17	$	353,623.04	$	941,082.83	
Administrative Subtotal	$ 363,934.62	$	223,525.17	$	353,623.04	$	941,082.83	
					
TOTAL EXPENDITURES	$ 363,934.62	$	223,525.17	$	353,623.04	$	941,082.83	
					
EXCESS OF REVENUES OVER EXPENDITURES	0	0	0	0	

Pasco County Collection Costs (2%) and Early payment Discounts (4%)	6.0%

Gross assessments	$	1,000,949.74

Notes:	
Tax Roll County Collection Costs and Early Payment Discount is 6% of Tax Roll. Budgeted net tax roll assessment. See Assessment Table.	

(1) Maximum Annual Debt Service less Prepaid Assessments received

	

	

	

	

15
MEADOW POINTE III COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2020/2021 O&M and DEBT SERVICE ASSESSMENT SCHEDULE
2020/2021 Operations & Maintenance and Road Reserves Budget	$1,985,455.00
Collection Cost	$39,742.43
Early Payment Discount	$79,484.85
2020/2021 Total:	$2,112,186.17

2019/2020 Operations & Maintenance and Road Reserves Budget	$1,867,906.00
2020/2021 Operations & Maintenance and Road Reserves Budget	$1,985,455.00
Total Difference:	$117,549.00

PER UNIT ANNUAL ASSESSMENT

2019/2020	2020/2021	Proposed Increase / Decrease
Villa (2013) Larkenheath		
	Debt Service Road Reserve
Operations/Maintenance	$267.12
$46.37
$1,111.37	$267.12
$46.37
$1,111.37	$0.00
$0.00
$0.00	0.00%
0.00%
0.00%		
	Total	$1,424.86	$1,424.86	$0.00	0.00%		

SF 50' (2013) Heatherstone	

$533.44
$62.37
$1,111.37	

$533.44
$62.37
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$1,707.18	$1,707.18	$0.00	0.00%		

SF 50' (2013) Wrencrest	

$533.44
$63.37
$1,111.37	

$533.44
$63.37
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$1,708.18	$1,708.18	$0.00	0.00%		

SF 60' (2013) Wrencrest	

$640.29
$63.37
$1,111.37	

$640.29
$63.37
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$1,815.03	$1,815.03	$0.00	0.00%		

SF 65' (2013) Nesslewood	

$693.71
$111.37
$1,111.37	

$693.71
$111.37
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$1,916.45	$1,916.45	$0.00	0.00%		

SF 65' (2013) Broughton	

$693.71
$81.37
$1,111.37	

$693.71
$81.37
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$1,886.45	$1,886.45	$0.00	0.00%		

SF 80' (2013) Beaconsfield	

$853.99
$76.37
$1,111.37	

$853.99
$76.37
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$2,041.73	$2,041.73	$0.00	0.00%		

Villa (2015A) Whitlock		
	Debt Service
Road Reserve	$515.83
$52.37	$515.83
$52.37	$0.00
$0.00	0.00%
0.00%		

Villa (2015A) Larkenheath

16

MEADOW POINTE III COMMUNITY DEVELOPMENT DISTRICT 	
FISCAL YEAR 2020/2021 O&M and DEBT SERVICE ASSESSMENT SCHEDULE	

2020/2021 Operations & Maintenance and Road Reserves Budget	$1,985,455.00	
Collection Cost	$39,742.43	
Early Payment Discount	$79,484.85	
2020/2021 Total:	$2,112,186.17	

2019/2020 Operations & Maintenance and Road Reserves Budget	$1,867,906.00	
2020/2021 Operations & Maintenance and Road Reserves Budget	$1,985,455.00	
Total Difference:	$117,549.00	

PER UNIT ANNUAL ASSESSMENT	
	2019/2020	2020/2021	Proposed Increase / Decrease	
Operations/Maintenance	$1,111.37	$1,111.37	$0.00	0.00%	
Total	$1,679.57	$1,679.57	$0.00	0.00%	

Debt Service	$515.83	$515.83	$0.00	0.00%	
Road Reserve	$46.37	$46.37	$0.00	0.00%	
Operations/Maintenance	$1,111.37	$1,111.37	$0.00	0.00%	
Total	$1,673.57	$1,673.57	$0.00	0.00%	

		

		

	

	

17
MEADOW POINTE III COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2020/2021 O&M and DEBT SERVICE ASSESSMENT SCHEDULE
2020/2021 Operations & Maintenance and Road Reserves Budget	$1,985,455.00
Collection Cost	$39,742.43
Early Payment Discount	$79,484.85
2020/2021 Total:	$2,112,186.17

2019/2020 Operations & Maintenance and Road Reserves Budget	$1,867,906.00
2020/2021 Operations & Maintenance and Road Reserves Budget	$1,985,455.00
Total Difference:	$117,549.00

PER UNIT ANNUAL ASSESSMENT

2019/2020	2020/2021	Proposed Increase / Decrease
TH (2015A) Claridge Place		
	Debt Service Road Reserve
Operations/Maintenance	$515.83
$84.37
$1,111.37	$515.83
$84.37
$1,111.37	$0.00
$0.00
$0.00	0.00%
0.00%
0.00%		
	Total	$1,711.57	$1,711.57	$0.00	0.00%		

SF 50' (2015A) Wrencrest	

$687.77
$63.37
$1,111.37	

$687.77
$63.37
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$1,862.51	$1,862.51	$0.00	0.00%		

SF 60' (2015A) Wrencrest	

$825.32
$63.37
$1,111.37	

$825.32
$63.37
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$2,000.06	$2,000.06	$0.00	0.00%		

SF 60' (2015A) Nesslewood	

$825.32
$111.37
$1,111.37	

$825.32
$111.37
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$2,048.06	$2,048.06	$0.00	0.00%		

Villa (2007) Whitlock	

$280.60
$52.37
$1,111.37	

$280.60
$52.37
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$1,444.34	$1,444.34	$0.00	0.00%		

TH (2007) Hillhurst Crossing	

$420.89
$102.82
$1,111.37	

$420.89
$102.82
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$1,635.08	$1,635.08	$0.00	0.00%		

SF 50' (2007) Wrencrest	

$561.19
$63.37
$1,111.37	

$561.19
$63.37
$1,111.37	

$0.00
$0.00
$0.00	

0.00%
0.00%
0.00%		
	Debt Service Road Reserve
Operations/Maintenance						
	Total	$1,735.93	$1,735.93	$0.00	0.00%		

SF 60' (2007) Alchester		
	Debt Service
Road Reserve	$673.43
$58.37	$673.43
$58.37	$0.00
$0.00	0.00%
0.00%		

SF 60' (2007) Ammanford

18

MEADOW POINTE III COMMUNITY DEVELOPMENT DISTRICT 	
FISCAL YEAR 2020/2021 O&M and DEBT SERVICE ASSESSMENT SCHEDULE	

2020/2021 Operations & Maintenance and Road Reserves Budget	$1,985,455.00	
Collection Cost	$39,742.43	
Early Payment Discount	$79,484.85	
2020/2021 Total:	$2,112,186.17	

2019/2020 Operations & Maintenance and Road Reserves Budget	$1,867,906.00	
2020/2021 Operations & Maintenance and Road Reserves Budget	$1,985,455.00	
Total Difference:	$117,549.00	

PER UNIT ANNUAL ASSESSMENT	
	2019/2020	2020/2021	Proposed Increase / Decrease	
Operations/Maintenance	$1,111.37	$1,111.37	$0.00	0.00%	
Total	$1,843.17	$1,843.17	$0.00	0.00%	

Debt Service	$673.43	$673.43	$0.00	0.00%	
Road Reserve	$56.37	$56.37	$0.00	0.00%	
Operations/Maintenance	$1,111.37	$1,111.37	$0.00	0.00%	
Total	$1,841.17	$1,841.17	$0.00	0.00%	

2020/2021 Operations & Maintenance and Road Reserves Budget	$1,985,455.00	
Collection Cost	$39,742.43	
Early Payment Discount	$79,484.85	
2020/2021 Total:	$2,112,186.17	

2019/2020 Operations & Maintenance and Road Reserves Budget	$1,867,906.00	
2020/2021 Operations & Maintenance and Road Reserves Budget	$1,985,455.00	
Total Difference:	$117,549.00	

MEADOW POINTE III COMMUNITY DEVELOPMENT DISTRICT 	
FISCAL YEAR 2020/2021 O&M and DEBT SERVICE ASSESSMENT SCHEDULE	

19

PER UNIT ANNUAL ASSESSMENT

2019/2020	2020/2021	Proposed Increase / Decrease
SF 60' (2007) Wrencrest		
	Debt Service Road Reserve
Operations/Maintenance	$673.43	$673.43	$0.00	0.00%
$63.37	$63.37	$0.00	0.00%
$1,111.37	$1,111.37	$0.00	0.00%		
	Total	$1,848.17	$1,848.17	$0.00	0.00%		

SF 65' (2007) Broughton	

$673.43	$673.43	$0.00	0.00%
$81.37	$81.37	$0.00	0.00%
$1,111.37	$1,111.37	$0.00	0.00%		
	Debt Service Road Reserve
Operations/Maintenance			
	Total	$1,866.17	$1,866.17	$0.00	0.00%		

20

MEADOW POINTE III

			

			

FISCAL YEAR 2020/2021 O&M & DEBT SERVICE ASSESSMENT SCHEDULE

TOTAL O&M BUDGET	$1,867,894.00	
COLLECTION COSTS @	2.0%	$39,742.43	
EARLY PAYMENT DISCOUN 4.0%	$79,484.85	
TOTAL O&M ASSESSMENT	$1,987,121.28	

ANNUAL ROAD RESERVES BUDGET	$117,561.00

TOTAL	
ROAD	
RESERVES	
$6,770.22	
$7,546.94	
$9,252.22	
$823.83	
$13,698.68	
$162.74	
$10,157.39	
$4,818.17	
$2,921.40	
$11,474.51	
$1,520.91	
$1,013.94	
$7,796.00	
$6,808.28	
$10,796.57	
$9,632.45	
$4,786.45	
$3,889.62	
$7,858.05	
$3,336.23	

UNITS ASSESSED	ALLOCATION OF O&M ASSESSMENT	PER LOT ANNUAL ASSESSMENT

DEBT (1) (2)

EAU	TOTAL	% TOTAL	TOTAL

ROAD 2013 DEBT 015A DEB 2007 DEBT

LOT SIZE	O&M	2013	2015A	2007	FACTOR    EAU's	EAU's	O&M BUDGET
Villa (2013) Larkenheath	146	145	1.00	146.00	8.17%	$162,259.34
SF 50' (2013) Heatherstone	121	119	1.00	121.00	6.77%	$134,475.21
SF 50' (2013) Wrencrest	146	146	1.00	146.00	8.17%	$162,259.34
SF 60' (2013) Wrencrest	13	13	1.00	13.00	0.73%	$14,447.75
SF 65' (2013) Nesslewood	123	122	1.00	123.00	6.88%	$136,697.94
SF 65' (2013) Broughton	2	2	1.00	2.00	0.11%	$2,222.73
SF 80' (2013) Beaconsfield	133	132	1.00	133.00	7.44%	$147,811.59
Villa (2015A) Whitlock	92	92	1.00	92.00	5.15%	$102,245.61
Villa (2015A) Larkenheath	63	63	1.00	63.00	3.52%	$70,016.02
TH (2015A) Claridge Place	136	136	1.00	136.00	7.61%	$151,145.69
SF 50' (2015A) Wrencrest	24	24	1.00	24.00	1.34%	$26,672.77
SF 60' (2015A) Wrencrest	16	16	1.00	16.00	0.89%	$17,781.85
SF 60' (2015A) Nesslewood	70	70	1.00	70.00	3.91%	$77,795.58
Villa (2007) Whitlock	130	128	1.00	130.00	7.27%	$144,477.50
TH (2007) Hillhurst Crossing	105	105	1.00	105.00	5.87%	$116,693.36
SF 50' (2007) Wrencrest	152	152	1.00	152.00	8.50%	$168,927.54
SF 60' (2007) Alchester	82	81	1.00	82.00	4.59%	$91,131.96
SF 60' (2007) Ammanford	69	68	1.00	69.00	3.86%	$76,684.21
SF 60' (2007) Wrencrest	124	123	1.00	124.00	6.94%	$137,809.31

    1788.00		100.00% 	$1,987,121.28 	

SF 65' (2007) Broughton	41	41	1.00	41.00	2.29%	$45,565.98

    1788 		      679		401		698		

   $125,064.57 

O&M (5) RESERVESSERVICE (3SERVICE (3SERVICE (3) TOTAL (4)
$1,111.37	$46.37	$267.12	$1,424.86
$1,111.37	$62.37	$533.44	$1,707.18
$1,111.37	$63.37	$533.44	$1,708.18
$1,111.37	$63.37	$640.29	$1,815.03
$1,111.37    $111.37     $693.71	$1,916.45
$1,111.37	$81.37	$693.71	$1,886.45
$1,111.37	$76.37	$853.99	$2,041.73
$1,111.37	$52.37	$515.83	$1,679.57
$1,111.37	$46.37	$515.83	$1,673.57
$1,111.37	$84.37	$515.83	$1,711.57
$1,111.37	$63.37	$687.77	$1,862.51
$1,111.37	$63.37	$825.32	$2,000.06
$1,111.37    $111.37	$825.32	$2,048.06
$1,111.37	$52.37	$280.60	$1,444.34
$1,111.37    $102.82	$420.89	$1,635.08
$1,111.37	$63.37	$561.19	$1,735.93
$1,111.37	$58.37	$673.43	$1,843.17
$1,111.37	$56.37	$673.43	$1,841.17
$1,111.37	$63.37	$673.43	$1,848.17
$1,111.37	$81.37	$673.43	$1,866.17

LESS: Pasco County Collection Costs (2%) and Early Payment Discount (4%):	
($119,227.28)	($7,503.87)	
Net Revenue to be Collected	
  $1,867,894.00 $117,560.70 	

(1)	Reflects 5 (five) prepayments for the Series 2013 bond and 5 (five) prepayments on the Series 2007 bond.	

(2)	Reflects the number of total lots with Series 2013, Series 2015A and Series 2007 debt outstanding.	

(3)	Annual debt service assessment per lot adopted in connection with the Series 2013, Series 2015A and Series 2007 bond issues. Annual assessment includes principal, interest, Pasco County collection costs and
early payment discount costs.	

(4) Annual assessment (in addition to the Road Reserve) will appear on November 2020 Pasco County property tax bill. Amount shown includes all applicable collection costs and early payment discounts (up to 4% if paid early)

(5)	Reflects an equal per unit O&M assessment approved by the Board of Supervisors