LAKEWOOD

RANCH

STEWARDSHIP

DISTRICT

14400

Schroeder-Manatee Ranch, Inc.

Covenant Way, Lakewood Ranch, Florida

34202

Minutes - Board of Supervisor's

November 2, 2018, 9:00 a.m.

Meeting

Present

and constituting a quorum:

Rex Jensen	Board Member	
Tony Chiofalo	Board Member	
Scott Almand	Board Member	
Richard Bedford	Board Member	

Also

present

were:

Hank Fishkind

Jonathan Johnson
Misty Taylor

Sete Zare

Brett Sealy

Rob Engel

Bob Simons

Roger Aman
DanPerka

Deborah Byerly

Pat Neal  .

Maryann Grgic

Scott Schule

Fishkind & Associates HGS BMO MBS (by phone) MBS Stantec SMR SMR SMR SMR NEAL Communities KeyPoint Communication US Bank

FIRST

ORDER

OF

BUSINESS

Call

to

Order

and

Roll

Call

Dr. Fishkind called the meeting attendance are as outlined above.

to

order

and proceeded

with

the

roll  call.   The

members

in

SECOND

ORDER

OF

BUSINESS

Administrative Matters

Consideration of Minutes of the October

12, 2018 Board of Supervisors Meeting

Mr. Jensen presented the questions or comments.

minutes

from

the

previous  meetings

and

asked

if

there

were

any

1

On MOTION by Mr. Bedford, seconded by the Lakewood Ranch Stewardship District Supervisors Meeting.

Mr. Almand, with all in favor, approved the minutes of the

the Board of Supervisors

October 12, 2018 Board

of of

THIRD ORDER OF BUSINESS	Business Matters					
		Consideration of Matters Relative to the	
	Sector	Northeast	- Phase lB Project	
		A.  Presentation		of	Updated	
		Engineer's Report		
		B.  Presentation	of	Supplemental	
		Assessment Methodology Report	
		C.  Resolution	2019-04,	Delegation	
		Resolution				
o	Nineteenth	Supplemental	
	Indenture		
o	Bond Purchase Contract	
o	Preliminary	Limited	
	Offering Memorandum	
o	Continuing	Disclosure	
	Agreement		

Mr.

Engel

presented

the

updated

Engineer's Report.  Dr. Fishkind

presented

the

Supplemental

Assessment Report. Ms. Taylor	reviewed details	of the Delegation Resolution. Mr. Johnson asked	
Ms.  Taylor	to  confirm  for  the	record  that the	delegation  of authority	to  the  Chairman  or a	
designated	member includes the ability to approve any final changes to	documents. Ms. Taylor	
confirmed.					

On MOTION by of the Lakewood

Mr. Bedford, seconded by Mr. Chiofalo , with all in favor, the Board Ranch Stewardship District approved Resolution 2019-04, Delegation

of Supervisors

Resolution.

FOURTH ORDER OF BUSINESS	Consideration	of Matters Relative to the		
				NW   Sector		
	Lakewood   Centre	&			
	Projects					
D.	Presentation		of	Updated	
	Engineer's Report		
E.  Presentation	of	Supplemental	
	Assessment Methodology Report	
F.	Resolution	2019-05,	Delegation	
	Resolution				
o	Twentieth	Supplemental	
	Indenture		
o	Bond Purchase Contract	
o	Preliminary	Limited	
	Offering Memorandum	
o	Continuing	Disclosure	
	Agreement		

2

Mr. Engel presented the updated Engineer's Report. Dr.  Fishkind	presented	the Supplemental		
Assessment Report which will close out the Capital Improvement Plan for this area.	Dr. Fishkind		
noted that the both the  methodology as well		as	the Engineer's	Report had	been	sufficiently		
flexible to allow for the significant	changes in	the	land use plan. Ms. Taylor reviewed	details of		
				the ability		
			of authority to the Chairman includes			
the Delegation Resolution noting that delegation				

to approve any final changes to documents and execution of those.						

On MOTION by Mr. Bedford, seconded	by Mr. Almand, with all in favor, the Board of Supervisors	
the Lakewood Ranch Stewardship District approved Resolution 2019-05, Delegation Resolution.	

of

FIFTH ORDER OF BUSINESS	Financial Matters	
	Draw Requests	

&

Requisitions

Mr. Almand presented for the Board's Consideration: Requisition List for Draw No. 15 for Del Webb - Series 2017 A Bond

On MOTION by Mr. Chiofalo, seconded	by Mr. Bedford, with all in favor, the Board of Supervisors		
		Series 2017 A Bond.		
the Lakewood Ranch Stewardship District approved Draw No. 15, Del Webb -			

of

Requisition  List

Lakewood Centre

for Draw No. North-Series

46 for 2015 A

On MOTION by Mr. Chiofalo, seconded	by Mr. Bedford, with all in favor, the Board of Supervisors	of		

the Lakewood Ranch Stewardship District approved Draw No. 46 for Lakewood Centre North - Series		
2015 A.				

	Requisition List for Draw No. 18		
	Lakewood Centre South				
	- Pre-Funding				
On MOTION by Mr. Chiofalo, seconded by Mr. Bedford, with all in favor, the Board	of Supervisors		
the Lakewood Ranch Stewardship District approved	Requisition CentreNo.18 for Lakewood	South.		

of

Requisition List No. 4

Northeast Sector Phase

Series 2018 Bond

lA

On MOTION by Mr. the Lakewood Ranch IA.

Chiofalo, seconded by Mr. Bedford, with all in favor, the Stewardship District approved Requisition List No. 4 for

Board of Supervisors of

Nmiheast Sector Phase

Requisition List No. 41

The Villages of Lakewood Ranch South

- Pre-Funding

3

On MOTION by Mr. Chiofalo, seconded by Mr. Bedford, with all in favor, the Lakewood Ranch Stewardship District accepted the Pre-Funding Requisition No. 41 for The Villages of Lakewood Ranch South.

the Board of Supervisors and approved payment

of of

Requisition List for Draw No. 34 The Villages of Lakewood Ranch South - Series 2016 A Bond

On MOTION	by Mr. Chiofalo, seconded	by		
				
the  Lakewood  Ranch Stewardship District		
Ranch South2016-	Series	A.			

Mr. Bedford, with all approved Draw No.

in favor, the Board of 34 for The Villages

Supervisors of
of Lakewood

SIXTH ORDER OF BUSINESS	Compilation Report	

No Report

SEVENTH ORDER OF BUSINESS

Staff Reports

Manager's

Report-

No Report

Attorney's Report	-	Mr. Johnson asked	for the Board to authorize	Staff and the Chairman		
initiate  previously		discussed  boundary		amendment  and	work	with	the  Landowners		
neighboring  properties  and  put together	the  appropriate	amendment	documents	subject		
						
funding agreements.										

to of to

On MOTION by Mr. Bedford, seconded	by Mr. Chiofalo, with		
			
the Lakewood Ranch Stewardship District authorized Staff		
Boundary Amendment Process.			

all and

in favor, the Board the Chairman to

of Supervisors of proceed with the

Engineer's Report -

Bid Award for 44	th	Avenue East		
				
IV Roadways at Lakewood Ranch		
A.  Award  Recommendation		
and Bid Tabulation		

Phase

Letter

Mr.  Engel presented the recommendation to award the contract for 44	th	Avenue East Phase		
				
Roadways  at Lakewood  Ranch to Watson Civil	Construction, Inc.  for the	total	bid amount		
$1,921,528.40. Mr. Simons answered	questions.							

IV of

On MOTION by Bedford, seconded	by Mr. Almand, with all in favor, the		
			
Lakewood Ranch Stewardship District approved awarding the contract for		
Roadways at Lakewood Ranch to Watson Civil Construction, Inc.		

Board of Supervisors of		
44	th	Avenue East Phase		

the IV

Bid  Award  for  Rangeland  Parkway	
Improvements	and   Post   Boulevard	
Extension at Lakewood Ranch	
A.  Award	Recommendation  Letter	
and Bid Tabulation	

4

Mr.	Engel  presented  the  recommendation		
Improvements and Post Boulevard	Extension at		
			
Inc. for the total bid amount of $9,281,679.20.		

to award Lakewood

the  contract	for  Rangeland	Parkway		
				
Ranch to	Frederick Derr & Company,		

On MOTION by Bedford, seconded by Mr. Almand, with all in favor, the Board	of Supervisors of the	
Lakewood  Ranch  Stewardship  District  approved  awarding  the  contract  for  Rangeland  Parkway	
Improvements and Post Boulevard Extension at Lakewood Ranch to Frederick Derr & Company, Inc.	

Mr. Engel presented for the Board's approval:

Specific Authorization

Stantec
Rangeland	Parkway

Crossing Analyses

No. 106 /Wolf

Slough

On MOTION by Mr. Chiofalo,	seconded by Mr. Almand, with all in favor,		
			
the Lakewood Ranch Stewardship District approved Specific Authorization		

the Board of Supervisors

No. 106, Stantec.

of

Change Order No. 63	Under	Specific		
				
Authorization No. 97				
Stantec					
Northeast Sector Roadway Roadways		
Legal	Description	Coordination		
Services Project				

On MOTION by Mr. Almand, seconded by Mr. the Lakewood Ranch Stewardship District Authorization No. 97, Stantec.

Bedford, with all in approved Change

favor, Order

the Board	
No.	63	

of Supervisors of

Under	Specific

Change Order No. 1			
RIP A & Associates, LLC	Phase II		
Bourneside Blvd. North			
			
Material Direct Purchase Credits		

On MOTION

the Lakewood

by Mr. Chiofalo, seconded	by Mr. Bedford, with all in favor, the Board of Supervisors		
		approved Change Order No.	1,	RIP A & Associates,	LLC.		
Ranch Stewardship District						

of

Change Order No. 6		Inc.			
Fredrick Derr &	Company,		to		
		Ext			
The	Masters	Avenue				
						
Bourneside Blvd		updated		
Final	Change	Order			
				and		
Install/Maintain	Silt   Fence			
Deductions for Atlantic	TNG Material		
					
and Sales Tax						

On MOTION by Mr. Chiofalo,	seconded by Mr. Bedford,	with all in favor,		
			Order No.	6,		
						
the Lakewood Ranch Stewardship District approved Change				
				
Inc.						

the Board of Supervisors of

Fredrick Derr & Company,

5

Change Order No. 8				
Ryangolf Corporation			
Uihlein	Rd	&	Rangeland    Pkwy		
Improvement		Underdrain north		
lA for Uihlein Rd. -			
of Rangeland Pkwy & Time Ext			
lB	for	RangelandParkway	and		
Excavation  from  Irrigation  Lake			
Time Ext.						

On MOTION by Mr. Bedford, seconded by Mr. Chiofalo, with all in favor, the Board of Supervisors the Lakewood Ranch Stewardship District approved Change Order No. 8, Ryangolf Corporation.

of

Work Authorization		Services		
Driggers	Engineering			
Incorporated	Services		
Materials	Testing			
Waterside Place Road	Pine	Warbler		
Utility  Construction  -				
Place and Waterside Park			

MOTIONOn	by Mr. Bedford, seconded by Mr. Almand	
the  Lakewood  Ranch  Stewardship  District  approved	
Services Incorporated.	

with all in favor, the Board of Supervisors of Work Authorization, Driggers Engineering

Mr. Simons presented for the Board's approval:

Change Order

Heidt Design

Bourneside Blvd. South

Construction Phase Services

On MOTION by Mr. Almand, seconded by Mr. Chiofalo, with all in favor, the Board the Lakewood Ranch Stewardship District approved Change Order, Heidt Design.

of

Supervisors

of

Mr. Engel presented for the Board's approval:

Mr. Simons provided details.

Work Authorization

Heidt Design

Bourneside North Phase II

Construction Plan Revision

On the

MOTION by Mr. Lakewood Ranch

Almand, seconded by Mr. Chiofalo, with all in favor, the Board of Stewardship District approved Work Authorization, Heidt Design.

Supervisors

of

EIGHTH

ORDER

OF

BUSINESS

Supervisor Requests

There

were

no Supervisor requests.

NINTH

ORDER

OF

BUSINESS

Audience Comments

6

Mr.  Perka  provided  details  relative	to  the  previously  discussed  boundary		
		deleting certain slivers of land from		
requested that the	Board also authorize			
			to be excluded	from		
Jensen noted that those landowners requesting property				
				
contribute to costs.							

amendment	and	
the	District.	Mr.	
the	District must	

Mr.

Sealy discussed timing of the two bond issues.

TENTH ORDER OF BUSINESS

Adjournment

Mr.

Jensen asked for a motion to adjourn the meeting.

On MOTION by Mr. of Lakewood Ranch

Bedford, seconded by Mr.	Almand,	with all		
				
Stewardship District moved to adjourn the		

in favor, the November 2,

Board

2018

of Supervisors meeting.

7