Lakewood Ranch Stewardship District
12051 Corporate Blvd, Orlando, Florida 32817
P. 407-382-3256   •  r. 407-382-3254
www.lakewoodranchstewardship.co01

BOARD OF SUPERVISORS LAKEWOOD RANCH STEWARDSHIP DISTRICT

Friday, February 1, 2019 9:00 a.m. Schroeder-Manatee Ranch, Inc.
14400 Covenant Way Lakewood Ranch, FL 34202

For those unable to attend in person, the call-in information for the meeting is as follows:
Number:	1-866-546-3377
Passcode:	218802
BOARD OF SUPERVISORS MEETINGAGENDA
Call to Order/ Roll CalJ
Public Comment Period /jor any members ofthe public desiring lo speak on any proposition before the Board}
AdministrativeMatters
Consideration of Minutes of the January 11, 2019 Board of Supervisors Meeting
Business Matters
Consideration of Disclosure of Public Financing- Northeast Sector
Consideration of Disclosure of Public Financing- Lakewood Centre & Northwest Sector Projects
Consideration of Matters Relative to the Isles at Lakewood Ranch Bond Issuance
(prov;ded under separate covet)
Resolution 2019-18, Supplemental Assessment Resolution
Other Matters
Consideration of Matters Relative to the Stock - Lake Club Phase 4 Bond Issuance
	Acquisition Agreement with SD TLC Holdings LLC (provided under separate cover)
Consideration of Resolution 2019-19, Investment Policies (provided under separate cove,)
Financial Matters
Draw Requests (provided under sepamte cover)
Compilation Report
Other Business
Staff Reports
Manager1 s Report
Attorney's Report
Engineer's Report
Change Order No. 2 (Final) Woodruff & Sons, Inc. Lakewood Centre Core Phase lB

Relocate fire hydrant, storm & sewer stakeout, repair/adjust curb, sani services, and misc extras; reconcile unbilled line items
Change Order No. 4 (Final) Woodruff & Sons, Inc. Lakewood Centre Core Phase 1 Reconcile unbilled items
Change Order No. 5
E.T. MacKenzie of Florida, Inc.
Bourneside Blvd South Ph 1 at Lakewood Ranch

Additional Services at SR-70 & Bourneside Blvd South; drainage, lighting and additional seed, sod & mulch (onsite and Offsite)
Change Order No. 2
C & M Road Builders, Inc. Waterside Neighborhood 8 Changes in Plans to Asphalt
Proposal / Work Authorization Universal Engineering Services Inspections and Concrete Testing for
44th Box Culvert - Lakewood Ranch - CSD
Audience Comments
Adjournment

LAKEWOOD RANCH STEWARDSHIP DISTRICT BOARD OF SUPERVISORS MEETING AGENDA FEBRUARY 1, 2019 AT 9:00 A.M.
SCHROEDER-MANATEE RANCH, INC.
14400 Covenant Way Lakewood Ranch, Florida 34202

BOARD OF SUPERVISORS		DISTRICT STAFF	

Rex Jensen Tony Chiofalo Scott Almand Jim Schier Richard Bedford

Chairman
Vice Chairman/Asst. Secretary Treasurer
Assistant Secretary Assistant Secretary

District Manager District Counsel District Engineer

Hank Fishkind

Hank Fishkind	Fishkind & Associates Jonathan Johnson	Hopping Green & Sams Mike Kennedy	Stantec

Secretary

Enclosed is the agenda of the Lakewood Ranch Stewardship District Board of Supervisors ("Board"). Meetings of the Board are open to the public in accordance with Florida law. Agendas can be reviewed by contacting the District Manger's office at (407) 382-3256 at least seven days in advance of the scheduled meeting. Requests for the Board to consider items that are not on this agenda must be submitted in writing with an explanation to the District Manger at least fourteen (14) days prior to the date of the meeting.

Upon establishing a quorum, meetings of the Board are anticipated to begin promptly at 9:00 a.m. at the address listed above, unless proper notice states otherwise. Each meeting will begin by inviting comments from members of the public in attendance, if any. Public comments may address any matter of interest or concern to the District, regardless whether listed for consideration on the meeting's agenda, and will be received by the Board in accordance with the District's Public Comment Policy. Generally, each individual speaker is limited to three (3) minutes of public comment. The Board or District staff is not obligated to respond immediately to comments or concerns expressed during the public comment period.
Following the public comment period, the Board will proceed to address agenda items that require the review and approval of the Board as a normal course of business. As necessary, other business items may appear on the agenda for the Board's discussion and further action by motion or vote of the Supervisors. If the Board elects to consider any business item not previously published on the meeting agenda, the Board will invite public comment regarding the item prior to taking official action.
As a routine matter, the Board will consider fmancial status updates and may approve financial rep01ts, work authorizations, and other financial business items as appropriate. Staff, including the District Manager, District Counsel, and District Engineer, will rep01t to the Board regarding any pending issues that may be of interest to the District or the Board on a case-by-case basis. Time is reserved at the conclusion of each meeting for the Board Supervisors to express comments or concerns regarding items to be researched, considered or addressed by the Board or Staff. The Board may elect to receive Public Comment prior to adjournment of the meeting at the discretion of the Board Chairman.
Occasionally, certain items for decision by the Board are required by Florida law to be held as a Public Hearing, which will be indicated by a notice published in the local newspaper or mailed directly to impacted persons as the circumstances require. The Board will announce the opening of the Public Hearing on these agenda items and invite public comment on the specific item being considered under the notice of the Public Hearing. Public comment received during the Public Hearing must conform to the District's Public Comment Policy. If needed, the Board may hold an adve1tised public workshop session to consider a policy or business matter informally with staff or consultants prior to scheduling the item for action on an agenda.

Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in a meeting/hearing/workshop of the Board is asked to advise the District Office at least forty-eight (48) hours before the meeting/hearing/workshop by contacting the District Manager at (407) 382-3256. If you are hearing or speech impaired, please contact the Florida Relay Service at (800) 955-8770, which will assist 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 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.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Minutes

LAKEWOOD RANCH STEWARDSHIP DISTRICT
Schroeder-Manatee Ranch, Inc.
14400 Covenant Way, Lakewood Ranch, Florida 34202

Minutes- Board of Supervisor'sMeeting
January 11, 2019, 9:00 a.m.
Present and constituting a quorum:

Rex  Jensen Scott Almand Jim Schier Richard Bedford
Also present were:
Hank Fishkind Jonathan Johnson Misty Taylor Brett Sealy
Sete Zare Rob Engel Bob Simons Roger Aman Dan Perka
Louis Lawman Deborah Byerly Pat Neal
Scott Schule

Board Member Board Member Board Member Board Member

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

FIRST ORDER OFBUSINESS	Call to Order and Roll Call
Dr.  Fishkind  called  the  meeting  to  order  and  proceeded  with the roll call.	The members in attendance are as outlined above.
Dr. Fishkind administered the Oath of Office to Mr. Bedford, who was re-elected at the November 6th, 2018 Landowners Meeting.
SECOND ORDER OFBUSINESS	AdministrativeMatters
Consideration of Minutes of the December 7, 2018 Board of Supervisors Meeting
Mr. Jensen presented the minutes from the previous meetings and asked if there were any questions or comments.
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On MOTION by Mr. Bedford, seconded by Mr. Almand, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the minutes of the December 7, 2018 Board of Supervisors Meeting.

THIRD ORDER OF BUSINESS	Business Matters
Consideration of Resolution 2019-13, Approving New District Management and Financial Advisor Agreements and Authorizing Assignment to PFM
Dr. Fishkind noted that Fishkind and Associates has been sold to PFM, Public Financial Management, the largest financial advisory company in the U.S. Dr. Fishkind will continue to work for PFM for at least the next 3 years and will continue working with the District as well, and there will be no change to staffing, scope of work, or costs. Dr. Fishkind has worked with District Counsel to update the contract documents to reflect the PFM purchase.
Mr. Jensen called for a motion to approve resolution 2019-13.

On MOTION by Mr. Almand, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Resolution 2019-13, Approving New District Management and Financial Advisor Agreements and Authorizing Assignment to PFM.

FOURTH ORDER OF BUSINESS		Consideration of Resolution 201 9-14, Ratifying the Sale of the Northeast Sector - Phase lB Series 2018 Bonds
Dr. Fishkind presented the resolution ratifying the actions authorized by the Board in connection with the Phase lB Series 2018 Bonds.

On MOTION by Mr. Almand, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Resolution 2019-14, Ratifying the Sale of the Northeast Sector - Phase lB Series 2018 Bonds.

FIFTH ORDER OF BUSINESS		Consideration of Resolution 2019-15, Ratifying the Sale of the Lakewood Centre & NW Sector - Series 2018 Bonds
Dr. Fishkind presented the resolution ratifying the actions authorized by the Board in connection with the Series 2018 Bonds.

On MOTION by Mr. Almand, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Resolution 2019-15, Ratifying the Sale of the Lakewood Centre & NW Sector - Series 2018 Bonds.

SIXTH ORDER OF BUSINESS

Consideration of Matters Relative to the Isles at Lakewood Ranch Bond Issuance

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Presentation	of	Supplemental Engineer's Report
Presentation	of	Supplemental Assessment Methodology Report
Consideration	of	Resolution 2019-16, Delegation Resolution
Twenty-first Supplemental Trust Indenture
Preliminary Limited Offering Memorandum
Bond Purchase Contract
Continuing Disclosure Agreement
Mr. Engel noted that his office had reviewed the report prepared by Waldrop Engineering.
Dr. Fishkind presented the Supplemental Assessment Methodology Report and confirmed that it is a fair assumption that the methodology allocates the benefits :from the improvements in a fair and reasonable manner and that the benefits from making those improvement exceeds the burdens of the debt placed on the property via the assessments.
Ms. Taylor provided details of the Delegation Resolution.

On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of
  the Lakewood Ranch Stewardshi District a	roved Resolution 2019-16, Dele ation Resolution.

SEVENTH ORDER OF BUSINESS		Consideration of Bid Award for Rangeland Parkway at Lakewood Ranch West of Lorraine Road
Award Recommendation Letter and Bid Tabulation
Resolution 2019-17, Award	of Contract

Mr. Engel presented the recommendation to award the contract for Rangeland Parkway at Lakewood Ranch West of Lorraine Road to Woodruff & Sons, Inc. for the total bid amount of
$4,046,049.97. Mr. Simons noted for the record that the bid is within budget.

On MOTION by Mr. Almand, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Resolution 2019-17, Award of Contract to Woodruff & Sons, Inc.

EIGHTH ORDER OF BUSINESS		Consideration of Bid Award for Waterside Signage at Lorraine Road and University Parkway
Award Recommendation Letter and Bid Tabulation
Mr. Lawman presented the recommendation to award the contract for Waterside Signage at Lorraine Road and University Parkway to The Rogers Group for the total bid amount of
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$128,084.03. Mr. Engel noted that the amount is below the bidding threshold. Mr. Simon noted for the record that the bid is within budget.

On MOTION by Mr. Almand, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved awarding the Contract for Waterside Signage to The Rogers Group.

NINTH ORDER OF BUSINESS		Consideration of Agreements Between the District and SMR Farms, LLC (Rangeland Pkwy., Uihlein Road to Bourneside Blvd. Project)
Landscape Installation Services and Materials

Tree Installation Services and Materials

Mr. Lawman presented the agreement with SMR Farms, LLC for landscape installation services for the total amount of $98,547.10, which is below bidding threshold and within budget

On MOTION by Mr. Almand, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the agreement with SMR Farms, LLC for Landscape Installation Services.

Mr. Lawman presented the agreement with SMR Farms, LLC for landscape installation services for the total amount of $113,860.00, which is below bidding threshold and within budget.

On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the agreement with SMR Farms, LLC for Tree Installation Services.

TENTH ORDER OF BUSINESS		Consideration of Agreement Between the District and Irrigation Design Associates, Inc. for Irrigation Installation Services and Materials (Rangeland Pkwy., Uihlein Road to Bourneside Blvd. Project)
Mr. Lawman presented the agreement with Irrigation Design Associates, Inc. for irrigation installation services and materials for the total amount of $178,835.00, which is below bidding threshold and within budget.

On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the agreement with Irrigation Design Associates, Inc. for Irrigation Installation Services and Materials.

ELEVENTH ORDER OF BUSINESS	Financial Matters
Draw Requests & Requisitions
Mr. Almand presented for the Board's Consideration:
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Requisition List for Draw No. 17 Del Webb - Series 2017 A Bond

On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 17, Del Webb	Series 2017 A Bond.

Requisition List for Draw No. 1 Lakewood Centre & NW Sector Series 2018 Bond

On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 1 for Lakewood Centre & NW Sector.

Requisition	List	for	Draw	No.	48 Lakewood Centre North - Series 2015 A

On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 48 for Lakewood Centre North - Series 2015 A.

Requisition List for Draw No. 20 Lakewood Centre South
- Pre-Funding

On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 20 for Lakewood Centre South.

Requisition List No. 6 Northeast Sector Phase lA Series 2018 Bond

On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Requisition List No. 6 for Northeast Sector Phase IA.

Requisition List No. 2 Northeast Sector Phase lB Series 2018 Bond

On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Requisition List No. 2 for Northeast Sector Phase IB.

Requisition List No. 43
The Villages of Lakewood Ranch South
- Pre-Funding

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On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District accepted the Pre-Funding and approved payment of Requisition List No. 43 for The Villages of Lakewood Ranch South.

Requisition List for Draw No. 36
The Villages of Lakewood Ranch South
- Series2016 ABond

On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 36 for The Villages of Lakewood Ranch South Series 2016 A.

TWELFTHORDEROFBUSINESS
No Comments
THIRTEENTH ORDEROFBUSINESS
Manag er's Report-

Compilation Report

Staff Reports
Consideration of Supplemental Assessment Methodology Report, Del WebbProjectArea

Dr. Fishkind presented the updated report with the changes to the land use plan adding a new unit type within the 42' category, reducing the assessments slightly.

On MOTION by Mr. Schier, seconded by Mr. Almand, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the updated Supplemental Assessment Methodology Repmi, Del Webb Project Area.

Attorney's Report-
Mr. Johnson provided updates on the legislative boundary amendment. The amendments have been approved by Manatee County and Sarasota County and will be presented to the Manatee County legislative delegation at the end of the month. Published notices, as well as legal descriptions and the economic impact statements are being worked on as well.
Eng ineer's Report-
Mr. Engel presented for the Board's approval:	Chang e Order No. 64 under Specific
Authorization No. 81 Stantec
Northeast	Sector	T ransportation ImpactAnalysis

On MOTION by Mr. Almand, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 64 under Specific Authorization No. 81, Stantec.

Chang e Order No. 65 under Specific Authorization No. 81
Stantec
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Northeast	Sector	T ransportation ImpactAnalysis

On MOTION by Mr. Schier, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 65 under Specific Authorization No. 81, Stantec.

Chang e Order No. 66 under Specific Authorization No. 97
Stantec
Northeast Sector Roadways Leg al Description Coordination Services Project

On MOTION by Mr. Almand, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 66 under Specific Authorization No. 97, Stantec.

SpecificAuthorization No. 85 Stantec

Services Lakewood District

Associated Ranch

with	the Stewardship

T raffic Sig nal Desig n - 44th Avenue
East atWhite Eag leBoulevard

On MOTION by Mr. Almand, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Specific Authorization No. 85, Stantec.

SpecificAuthorization No. 86 Stantec

Services Lakewood District

Associated Ranch

with	the Stewardship

T raf fic Sig nal Desig n - 44th Malachite
Drive atWhite Eag leBoulevard

On MOTION by Mr. Almand, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Specific Authorization No. 86, Stantec.

Reimbursement Ag reement Between the District and Manatee  County for T raf fic Sig nal Desig n and Construction

Mr. Jensen noted for the record that it had been brought to his attention that some County Commissioners are challenging this agreement and to the degree that the agreement is not

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immediately executed by the County no work is to be undertaken until the agreement is executed by the County.

On MOTION by Mr. Almand, seconded by M1. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the Reimbursement Agreement between the District and Manatee County for Trnffic Signal Design and Construction.
Mr. Lawman presented for the Board's Approval:	Change Order No. 1
Truscapes Industries Inc.
Uihlein	Road	(La1cewood	National Entrance to 44th Ave)
Increase	in	Contract	Scope Additional		Landscape	Maintenance Services Required

On MOTION by Mr. Almand, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 1, Truscapes IndustTies, Inc.

Change Order No. 1
AJtec Lakes and Natural Areas, Inc. Silver Falls Ph. lJ 
Additional	Landscape	Maintenance Services Required
On MOTION by Mr. Almand, seconded by Mr. I3edford, with all in favor, the Iloard of Supervisors of the Lakewood Ranch Stewardship District approved Change Otder No. 1, Altec Lakes and Natural Areas, Inc.

Mr. Engel presented for the Board's approval:

Mr. Simons provided details.

Change Order No. 2 RIPA & Associates, LLC 44111 Ave East Phase V
Plan Changes	and	Delays	due to USACE Permitting

On MOTION by Mr. AJmand, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 2, E.T. MacKemde of Florida,
]nc.

Change Order No, 3
E.T. MacKenzie of Florida, Inc. 44th Ave East Phase V
Direct Material Purchase Deduction
Mr. J\mcJn provided details.

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On MOTION by Mr. Almand, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 3, E.T. MacKenzie of Florida, Inc.

Change Order No. 9 Ryang olf Corporation
Uihlein   Rd   &   Rangel and   Pkwy Im prov em ent

lA    for   Uihlein     Rd.	F-Cu rb Rem ov e/Replace at 2 Entrances, Install by Hand at 2 Entrances not Prev iou sly Installed, Regrading & B ase Work

On MOTION by Mr. Almand, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 9, Ryangolf Corporation.

Chang e Order No. 9- Final QG S Development, Inc.
44th Avenue EastPhaseIII
Material	PO	12	Ferg uson ($13,223.5 8)
Material   PO   11	SMR Ag g reg ates (29,757.27)
Sales T ax Credits($2,578.85)

Final	Q uantify	Adjustments (320,987.60)

On MOTION by Mr. Almand, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 9-Final, QGS Development, Inc.

Chang e Order No. 11- Final Woodruff & Sons, Inc.
V illag es of Lakewood Ranch - Lorraine       Road       (T urn       Lane @ Fruitville Road)
Final Overag es / Ex tras to the County Req uired T urnLane atLorraine Road

On MOTION by Mr. Almand, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 11-Final, Woodruff & Sons, Inc.

Work Au thoriz ation - UES Proposal 1130 .1018 .00052
Universal Eng ineering Sciences, Inc. Lakewood	Ranch	Boulevard ( Fruitville Rd to SouthV illag e)
G EO- PileMonitoring
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Mr. Simons provided details and answered questions regarding the timing.

On MOTION by Mr. Almand, seconded by Mr. Bedford with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Work Authorization - UES Proposal 1130. 1018.00052, Universal Engineering Sciences, Inc.

FOURTEENTH ORDER OF BUSINESS	Supervisor Req uests
There were no Supervisor requests.
FIFTEENTH ORDER OF BUSINESS	Audience Comments
Dr. Fishkind corrected for the record that the previously discussed Supplemental Assessment Methodology Rep01i for Del Webb Project Area was included in the agenda packet under tab 12.
SIXTEENTH ORDER OF BUSINESS	Adjournment

Mr. Jensen asked for a motion to adjourn the meeting.

On MOTION by Mr. Bedford, seconded by Mr. Almand, with all in favor, the Board of Supervisors of Lakewood Ranch Stewardship District moved to adjourn the January 11, 2019 meeting.

Secretary/Assistant Secretary	Chairperson/Vice-Chairperson

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LAKEWOOD RANCH STEWARDSHIP DISTRICT

Disclosure of Public Financing No rtheast Sector

This Instrument Prepared by and return to:
Lakewood Ranch Stewardship District c/o Fishkind and Associates, Inc.
12051 Corporate Blvd.
Orlando, Florida 32817 

This space reserved for use by the Clerk of
the Circuit Court

DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY
THE LAKEWOOD RANCH STEWARDSHIP DISTRICT [NORTHEAST SECTOR PROJECT]
Board of Supervisors and Officers1 Lakewood Ranch Stewardship District
Rex Jensen Chairman
Tony Chiofalo
Vice Chairman/Assistant Treasurer
James Schier Assistant Secretary
Scott Almand Assistant Secretary
Richard Bedford Assistant Secretary
Fishkind and Associates, Inc.
District Manager 12051  Corporate Blvd.
Orlando, Florida 32817
(407) 382-3256

District records are on file at the offices of the District Manager and at the local records office 14400 Covenant Way, Lakewood Ranch, Florida 34202, and are available for public inspection upon request during normal business hours.

This list reflects the composition of the Board of Supervisors and Officers as of February 1, 2019. For a cunent list, please contact the District Manager.

TABLE                  OF                 CONTENTS                       Introduction	1
What is the District and how is it governed?	1
What infrastructure improvements does the
District provide and how are the improvements paid for?	2
District Infrastructure Improvements	3
Roadway Improvements	3
Utility Improvements	3
Stormwater Management and Drainage Improvements	3

Landscaping and Entry Feature Improvements	4
Assessments, Fees, and Charges	4
Method of Collection	5

Introduction
On behalf of the Board of Supervisors of the Lakewood Ranch Stewardship District (the "District"), the following information is provided to give you a description of the District 's services and the assessments that are anticipated to be levied within the District to pay for the construction, operation and maintenance of certain community infrastructure. The District is a unit ofspecial-purpose local government created pursuant to and existing under the provisions of 2005-338, Laws of Florida. Unlike city and county governments, the District has only certain limited powers and responsibilities.
Under Florida law, special districts are required to take affirmative steps to provide for the full disclosure of information relating to the public financing and maintenance of improvements to real property undertaken by such districts. The law specifically provides that this information shall be made available to all persons cunently residing within the District and to all prospective District residents. The following information, describing the Lakewood Ranch Stewardship District and the assessments, fees and charges that are anticipated to be levied within the District to pay for certain community infrastructure, is provided to fulfill this statutory requirement.
The District is here to serve the needs of the community and we encourage your participation in District activities.

What is the District and how is it governed?
The District is an independent special taxing district created pursuant to and existing under the provisions of Chapter 2005-338, Laws of Florida, enacted on June 17, 2005 and amended by Chapter 2009-263, Laws of Florida and Chapter 2018-178, Laws of Florida. The District cunently encompasses approximately 23,302 acres of land located within the jurisdictional boundaries of Manatee and Sarasota Counties, Florida. As a local unit of special­ purpose government, the District provides an alternative means for planning, financing, constructing, operating and maintaining various public improvements and community facilities within its jurisdiction.
The District is governed by a five-member Board of Supervisors, the members of which must be residents of Florida and citizens of the United States. There is an election by landowners for the District every two years on the first Tuesday after the first Monday in November. Board members shall begin being elected by qualified electors of the District as the District becomes populated with qualified electors based on the following schedule: at 10,000 qualified electors, one governing board member shall be a person elected by qualified electors and four elected by landowners; at 20,000 qualified electors the ratio is two-to-three respectively; at 30,000 qualified electors the ratio is three-to-two; at 40,000 qualified electors, the ratio is four­ to-one; and at 45,000 qualified electors, all five governing board members shall be persons who were elected by qualified electors. A "qualified elector" in this instance is any person at least 18 years of age who is a citizen of the United States, a legal resident of Florida and of the District, and who is also registered with the Supervisor of Elections to vote in either Manatee County or
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Sarasota County and resides in either Manatee or Sarasota County. Notwithstanding the foregoing, if at any time the Board proposes to exercise its ad valorem taxing power, it shall, prior to the exercise of such power, call an election at which all members of the Board shall be elected by qualified electors ofthe District.
Board meetings are noticed in the local newspaper and are conducted in a public forum in which public participation is pe1mitted. Consistent with Florida's public records laws, the records of the District are available for public inspection during normal business hours. Elected members of the Board are similarly bound by the State's open meetings law and are subject to the same disclosure requirements as other elected officials under the State's ethics laws.

What infrastructure improvements does the District provide and how are the improvements paid for?
The boundaries of the District encompass approximately 23,302 acres of land located in Manatee and Sarasota Counties. The "Northeast Sector Project" consists of approximately 3,724.7 acres located in Manatee County, the legal description of which is attached hereto as Exhibit A. The development is planned as a mixed-use development with residential, commercial, and other uses.
The public infrastructure necessary to suppo1i the development program includes, but is not limited to, the following: roadways, a drainage and stormwater management system (i.e. lakes, control structures, etc.), landscaping, lighting, potable water systems, sanitary sewer systems, and inigation facilities (the "Improvements"). Each of Improvements are more fully detailed below. The Improvements are anticipated to be funded by the District's sale of bonds, notes, or other indebtedness as discussed below (the "Northeast Sector Project").
On September 8, 2017, the District issued Not to Exceed $45,000,000 Lakewood Ranch Stewardship District Bond Anticipation Notes, Series 2017 (No1iheast Sector Project) (the "Series 2017 Notes") for the purpose of: (1) financing a portion of the costs associated with the acquisition, construction, installation and equipping of the Improvements; (2) funding the 2017 Note Reserve Account; (3) funding capitalized interest on the Series 2017 Note; and (4) paying ce1iain costs associated with the issuance of the Series 2017 Note.
On August 30, 2018, the District issued $14,925,000 Lakewood Ranch Stewardship District Special Assessment Revenue Bonds, Series 2018 (No1iheast Sector Project - Phase I A) (the "Phase IA Bonds") for the purpose of: (1) financing a portion of the costs associated with the acquisition, construction, installation and equipping of the Improvements; (2) paying off the pmiion of the Series 2017 Notes then outstanding; (3) funding the Phase IA Reserve Account;
(4) funding capitalized interest through May 1, 2019; and (5) paying certain costs associated with the issuance of the Phase 1A Bonds.
On December 10, 2018, the District issued $36,185,000 Lakewood Ranch Stewardship District Special Assessment Revenue Bonds, Series 2018 (Northeast Sector Project - Phase lB) (the "Phase lB Bonds") for the purpose of: (1) financing a p01iion of the costs associated with
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the acquisition, construction, installation and equipping of the Improvements; (2) funding the Phase lB Reserve Account; (3) funding capitalized interest on the Phase lB Bonds through May 1, 2019; and (4) paying certain costs associated with the issuance of the Phase lB Bonds.

District Infrastructure Improvements
As noted above, improvements for the Northeast Sector Project will consist of roadways, a drainage and stmmwater management system (i.e. lakes, control structures, etc.), landscaping, lighting, potable water systems, sanitary sewer systems, and irrigation facilities. Of these facilities, the District will own and operate/maintain the stormwater management system, irrigation system, and portions of the landscaping within the roadway systems. Some roadway lighting may be owned by the District. Portions of the internal roadways, commercial/office, mixed use and multi-family will be privately owned and, therefore, will not be funded by the District. Most of the potable water system and the sanitary sewer system will be owned and operated/maintained by Manatee County, with lesser portions being owned and operated/maintained by the District.
Roadway Improvements
There are roadways that may require improvement in order to serve the Northeast Sector Project. Improvements may include new roadways, street lighting, expansion of existing roadways, intersection improvements, etc. These improvements will be assigned to the Northeast Sector Project on a pro-rata basis consistent with the benefit received.
Utility Improvements
The District will construct the potable water, sanitary sewer and irrigation systems necessary to support the Northeast Sector Project's residents and other activities. Potable water, sanitary sewer and irrigation will be constructed to Manatee County standards. Utilities may include offsite systems (i.e., offsite force main to a wastewater treatment plant) or onsite systems constructed as part of a major roadway or subdivision.
Stormwater Management/Drainage Improvements
The stormwater management system will be comprised of excavated stormwater management ponds as well as above ground and below-ground collection systems to transport the stmmwater to the appropriate stormwater ponds for treatment and attenuation. Stormwater treatment will occur by Biological Filtration Process. The filtration system consists of constructed littoral shelves in the appropriate stmmwater ponds. These littoral shelves will be planted with wetland plants to create the filtration process.
Portions of the Project lie within the FEMA 100-year floodplain. As a result, there is the possibility of floodplain lakes within the Project to mitigate any impacts. All floodplain impact mitigation will be designed per SWFWMD and Manatee County criteria.
3

Landscaping and Enl1J1 Feature /mprovemenlr,
Landscaping and entry featmes will be an i11tegral part of the Northeast Sector Project's infrastrncture. Developmcnl areas and various neighborhoods will have entry features and various hardscape features designed to provide a distinctive look to the community.

Assessments, Fees, and Charges

The cosls of acquisition or construction of a portion of the above described Improvements have been :financed by the District through the sale of U1e Series 20 17 Notes, Phase 1 A Bonds and Phase lB Bonds. The outstanding bonds arc secured by special assessments  on  property  that  benefits  from  tbe  construction,  acquisition,  establishment,  and operation ofthe Improvements. A schedule of the annual debt service obligations of the District which must be defrayed by annual assessments wil.l depend upon the location (assessment area)
and type of property purchased. A copy of the District's Assessment Methodology, as amended and supplemented, is on file with the District.

The current maximum annual debt assessment for the benefitled lands within the Northeast Sector per unit type is as follows:

Land Use
Single-family standard Single-family age restricted Apartments
Commercial (square feet of building) Total

Par Debt
$78,31 3,394
$7,020,507
$6,391 ,964
--$--6--,5--7---4--,--1--3--5
$98 300 000

Par DebVUnit
$1 1 ,837
$10,653
$7,1 02
$12

Debt Service
$859.94
$773.95
$515.97
$0.86

Note: The maximum annual assessme11ts level amounts have been grossed up to include collection costs from Manatee Cow,ty and a maximum discount for early payment as authorized by law.

The amom1ts described above exclude any operations and maintenance assessments which may be determined and calculated annually by the District's Board of Supervisors against all benefited lands in the District. These assessments will also be coll ected in the same manner as cow1ty ad valorem taxes.

4

Method of Collection

The District's debt service and operations and maintenance assessments may be billed directly by the District or may appear on that pmiion of the annual real estate tax bill entitled "non-ad valorem assessments," and are expected to be collected by the county tax collector in the same manner as county ad valorem taxes. Each property owner must pay both ad valorem and non-ad valorem assessments at the same time. Property owners will, however, be entitled to the same discounts as provided for ad valorem taxes. As with any tax bill, if all taxes and assessments due are not paid within the prescribed time limit, the tax collector is required to sell tax ce1iificates which, if not timely redeemed, may result in the loss of title to the prope1iy. The decision to collect special assessments by any particular method e.g., on the tax roll or by direct bill - does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices

This description of the Lakewood Ranch Stewardship District's operation, services and financing structure is intended to provide assistance to landowners and prospective purchasers concerning the impo1iant role that the District plays in providing infrastructure improvements essential to the development of the community. If you have questions or would simply like additional information about the District, please write to Fishkind and Associates, Inc., 12051 Corporate Blvd., Orlando, Florida 32817, or call (407) 382-325 6.

5

IN  WITNESS  WHEREOF,  this  Disclosure  of  Public  Financing  and  Maintenance of
Improvements to Real Property Undertaken has been executed as of the 		day of

--	--- , 20 1 9, and recorded in the Official Records of Manatee County, Florida.
LAKEWOOD RANCH STEWARDSHIP DISTRICT

By:__	_ 		 		__	_
Rex Jensen, Chairman

Witness Print Name

Witness Print Name

STATE OF FLORIDA
COUNTY OF ---------

The foregoing instrument was acknowledged before me this __day of  				 		 20 1 9, by Rex Jensen, Chairman of the Lakewood Ranch Stewardship District, who is _ personally known to me or	who has produced	 		 		 		 			as identification.

Notary Public, State of Florida

Exhibit A: Legal Description

6

Exhibit A

DFSCRIPTiON (os prepared by the certifying Surveyor ond Mapper):
/1  Imel  of  land  lying  in  Sections   1,  2,  3,   1 0,	1,   12,   iJ,   i ii,   15,  and  2J,  lownsl1ip  35  South,  Range   19   Fast,
�fonalee County, Florido, being more particularly described as follows:

BEGIN al lhe northeast corner of said Section 1; thence S.00' I 2'39"W., along the easterly line  of  said  Section 1, a dislance of 2,641 . S lo the cast 1 /4 corner of said Section 1; thence SJ}O' 1 3'29"\l/. , continuing along said easterly line  of  Section   1,  a  distance  of  2,640. 18  fcol  to  the  southeast  corner  of  said  Seclio:1   1,  also  being  the  norlhecsi corner of said Section 12; thence S.00'12'23"W., nlony the  eoslerly  line  of  said  Section 1 2,  a  distance of  5,284.03 feet to the ;;oulheosl corner of said Section 1 2, olso being the northeast corner of said Section 13; thence
S.00'1 0'4tl"W., along the easterly line of so:d Section 1 3, a distance of 1 ,02 i .87 feel; thence S.89'4 /l'OO'W., a dis\()nce of 21 7.15 feel lo the northeast corner of Lakewood l✓otional Golf Club, a subdivision as recorded in Plot Book 61, Page 26, in the Public Records of Manatee County, Florido; thence along the northerly and 'llcsterly lines of 5oid plot !or the following sixteen ( 1 6) calls; ( 1) thence S.89' 19'00'YI,, a dislance of 1 ,439. 15 feel; (2} thence

N. 69'20'00''W., a distance of 587 .26 feel; (3) thence M.S9'48'00"W., a distance of 1,1 34. 12 feel; (4 ) thence S.81'05'00"W.,  a distance ol	,068 . 1 1 feet; (5) thence S.6 t'20'00"W., a distance of 1 ,21 1 .94 feet; (6) thence S.72'15'00"1'/.,  a  distance  of  638.35  feet  to  the  point  of  curvature  of   a  curve  to  the  right  having  c:  rcidius  of
600.00 feel  and  o  centrcl angle of  JSOO'OO";  (7)  thence westerly  along  lhe  ore  of  said  curve, a  distance of
345.58 feel. lo the point of tangency of said  curve;  (8)  thence  N. 'l4'45'00"W.,  a  distance  of  420.8 1  feet;  (9) thence S.89'00'0?''W.. o distance of 1 20.00 feel; ( 1 0) thence S.00'59'58"E.,  a  distance uf  t ,327 .61  feet lo  the point CJf curvol.ure of a curve lo the right ho•1ing a radius of 1 ,380.00 feet and a central ongle of 44'07'09"; (1 1)  thence southerly along lhe ore of said curve, a distance o! 1 ,06?.63 feet to the point of tangency of said curve;
(1 2) thence S. 43'07' 1 1 '\11., a distance of 1 43.52 feet lo the point of curvature of a curve to the left having o radius  of  870.00  feet  and  ct  centrol  angle  of  49·1 f3f3";  (13)  thence  southerly  alcmcJ   the  arc  of  said  curve,  a distance  of  747.05 feel lo  the  poinl. of  tangency of said  curve;  (14) thence  S.05'04'45"E. ,  a distance of	,530.92
feet to the point of curvature of o cur'le lo the right having a radius of BB0.00 feel ond a cenlrol angle of
� 1'08'08"; ( 1 5) thence southerly along the ore of said c1irve, o distance of 531 .80 feel lo the point of tangency
of said curve; (1 6)	thence S.35'03'24 '\il., a distance of 1 ,046.97 feet lo a po:nt on the norlheosterly righl.-of-way line oi State Rood 70 (Seclion 131 60-2506, 200 fool wide public right of-woy); thence N. 54'37'41 "VI., atong said northeasterly right-of-way line, a dislonce of I ,595.57 feel to a point on lhe easterly line of the LWR Sports LLC Trocl, os recorded in Official Records Book 2370, Page 7882, said Public Records; thence along said easterly line for  the  following  forty-five  (',5)  calls;  (1)   thence  N,58'JO'oo"E.,  a  distance  of  71.6 1   feel;   (2)   thence  N.49'57'  4"E.,  a distonce of 26.1 1 feel; (3) thence N.2S04'00"[., o distance of 7 .76 feet; (� )  lhence N.09'32'56''\V., a  distance of 2 '/1 .28 feet; (5) thence N.01'12'1 7"E., a distance of 58.42 feel; (6} lhence N.29' 30' 33"W., o d istance of 35. 18 feet to the point of curvoturn of a curve to the right ha'ling o radius of 50.00 feet ond a central angle of
!0'2G'5J"; (7) thence northerly along the on: of said curve, a distance of 61 .48 feet lo (he point of longency of said  curve;   (8)  thence  N./40'56'20"E.,  a  distance  oi  102.34  feel;  (9)  thence  N.32'36'0'tW.,  a  distance  of  53.44  feet;
(10) thence N.1 0'27'20"W., c distance of 48. 18 feet; (11) !hence N.47'29'19 "W., o distance of 85.48 feet to the point of curvalure of a curo;e lo the right ha'ling a  radius  of  50.00  feel  and  o  cenlrol  ongle ol  66'09'JO";  ( 1 2) thence northerly a long the ore of said curve, a distance of  57.73 feet  lo  the  point of  tangency  of said  curve; (1 3) thence N.1 8' 40' 1 I "E., o distance of  i 05.74 feel; (1 4)  thence N.30" 1 6'23"W., o  distance of  25.59 feel lo  the  point of curvature of o curve lo the right having a radius of 50 .00 feel arid a ceritrof angle of 47'04'.30"; (1 5) thence
northerly along the ore of said curve, o dislonee of 41 .08 feet to the point of tangency of said curve; ( 1 6) !hence N.1 6'48'07"L,  o  d;slance  of  61.34  feel;  (1 7)  thence  N. 1 6'481GO"E.,  o  distance  of   1 4.75  feel;  (1 8)  thence
N.34'54' 1 5"W., a distance of ?,4,82 fee\ to lhe point of cur,1ature  of  a  curve lo  the right hovirig o  radius of 50.00  feet and a central angle of 11 '1 1 'lJ"; (1 9) thence northwesterly along the ore of said curve, a distance of 9.76

Exhibit A

feet  to   the  point  of  tangency  of   said  curve;  (20)  thence  N.23'43'01 "W.,  a  dislonce  of	29.67  feet  (2 1)  thence
N.28'27'00"W, , a distance of 70.35 feet; (22)  thence  N.05'07'4 2"W. ,  a  dis!ance  of  166. 1 .3  (eet  lo  the  point  of curvature  of  a  curve  to  lhe  right  having  o  radius  of  S0.00  feet  and  a  centror  angle  of  54'08'25";  (2.3)  thence northerly along the arc of said curve, a dist.once of 47.25 feet to the point al tangency of  said  curve;  (24)  thence  N.49'00'42"E., a distance of 96.84 feet; (25) thence N.1 O'35' 4.3"W., a distance of 101.19 feet; (? 6} thence

;

N.73'50 '57"W., o distance of 31 .99 feet to the point ct curvature of o c1Jrve  lo  the right hcivirig  a  radius of 51 .08  feet ond u central  angle of  1 1 9·55' 203  (27)  thence  northerly  olong  the arc  of soid curve,  a  distance  of  1 06.9 1 feet to the point o! longency of said curve; (28) thence l�.07'55'5 6"W., o dislonce  of  45.87 feet  lo  the point  of curvature of o curve lo tho right hctving a radius of 50.GO  feel  ond  o  control  angle  of  52'00'.55";  (29)  thence northerly along the ore of said curve, a distance of 45..39 feet to the po,nl of tangency of said curvf!; (30) thence N.44'04'39"F:., cl distance of 99.38 feel; (3 1) lhence N. 1 8'42'00"W., o distance of 29 1 .04 feel; (32) thence
N.os·59'28"E.,  a  distance  of  3 79.46  foot;  (33)  thence  N ss·og· iO"E.,  o  distonce  of   1 02.07  feet;  (311)  thence
N. l 0'33'42"E., a disloncc of 136.41 feet; (35) thence M.38"49' 1 2"E., o distance of 724.58 fee!; (36) thence N.Ol'Ol'49"E., a distance of 36.04 feet; (37) thsnce N.23'5 1 '55''E,, a distance of 418.2 1 feet; (38) thence N.03'48'40"W.,  a  distance  of  97.54  feet;  (.39)  thence  N.50'01 '45"E.,   o  dislance  of  220.5i   feet;  (40)  lhence N.06'39 ' 5"E., a distance of 96.55 feel; (41) thence  N.3,n2'0 7''E.,  a  distance of 1 ·15.� i  (eel; (42) thence  N.4 4'20'07 ''[., a distance of 56.65 feet; (43) !hence N.25'04'24"E., a dislonce of 87.7 1 feet; (44} thence l1J.09'11'2 1 "E.,  o  distance  of   I i8.0 1   feel.;  (45)  thence  N. 1 9' 16'43"E.,   a  dista1ce  of  251 .30  feel;  thence
N.00'27'40"W.,   a  distance  of   161 .08  feel;  thence  N.2 1 '56'o9"E. ,  a  distance  of  85.60  feet;  thence  N.4.3' 56'11 3"1::.,  a distance  of  22 1.52  feet;  thence  IH9'23'J2"E.,  a  d istance  of  245.45  feet:  thence  N.51' 1 1 ' ff'E.,  rJ  distance  of
23.J.36 feel; thence N.57'09'22''r:., o distance of 60.58 feet; thence N.5 7'2 7'5J"E., G distance of 223.08 feel; lhoncc N.56' 1 6'09"£., a distance of 260.55 feet; thence N. 1 1 ' 1 O'40"[., u distance of 51.40 feel; lhence
N. 1 i' IO' 43"1:., c dislaricc of 40.46 feet; thence N.3 1 '05'00"F:., a distance of 54.94 feet; thence N.83'59'29"F., a distance  of  53.3 1   feel;   lhencc  S.79'28 '0811E.,  o  distance  of  16 .52  feet;  thence  N.00"38'35 "[.,  a  distance  of   1 ,071 .68 feet to o point on the future southerly rig ht-of- way lin e of Rangeland Parkway; thence along said future southeny righl-of-way for the following five (5) calls; (1) thence S.89' 44'0?''W., o dislonce of 91. 25 feet to the  point of curva t1Jre of o curve lo the left, having o rodius of 2,040.00 feel ond a central angle of 38'43'30"; (2) thence westerly along tne a rc  o( sa,d curve,  a distance oi	,378.79 feet to the point of tangency of  said curve;  (.3) thence S.51'00'32"\I/., a distance of 1 ,7 118.68 feel to lhe point of curvo luro of a curve to the right having o radius

of 3,060.00 feet and a central angle of 39'24'05"; (4) thence westerly along the arc of said curve, o distance of 2, 1 04.31   feet  to  the  point  of  tangency  of  said  CLJrvc;  (5)  thence  N.89':Y/2.3'\li.,  o  distonce  of  1 , HS.57  feet  to  a po[n!  ori   lhe  easterly  line  of  the  Mnrlhwest   1 /4  of  said  Section   1 5;  thence  N.00'02' 1 11"W.,  olong  said  easterly  line,  a dislance  of  21 51L68  feet  to  the  North   1 /4  corner  of  said  Section   15 ,  olso  being   the  South   1 /4   corner  of  said
Section   1 0;   thence  N.00'05'52"[.,	along  the  eoslcriy  line  of  the  Southwest   1 /4  of  said  Section	0.   a  distance  of 2,654.52  feet  to  the   northeast  earner  of  said  Soulhwes\  1 /4  of  Section   1 O;  thence  N.89'29 'oo"W., along  \ he  ncdh
line  of  said  Southwest   1 /4  of  Section   10,  o  dislcnce  of   1 ,376.67   feel  lo  the  southwest  corner  of  the  Eosl   1 /2  of the Northwest 1/4 of said Section 1 0; thence N.00'08'03"E., along lhe westerly line or said East 1/2 of the
Northwest   1 /4  of  Section   10,  a  distance  of  ?,648. 18  feel  lo  the  northwest  corner  of  said  Fast   ! /2  of  lhe Northwest   1 /4  of  Seelion   1 0,  olso  being  the  southwest  corner   of  the  Southeast   t /4  of  lhe  Southwest   1 /4  of  soid Section .3; thence N.00' 1 3'SfW., along the westerly line of said Saulheosl 1/4 of lhe Southwest 1/� of Section 3, a dist□nr.e of 1 ,326. 18 feet to the southwest corner of the NorlhetJst 1/4 of the Southwest 1 /4 of Section 3; thence  S,89'26'55"[.,  o!onq  the  southerly  line  of  the  Northeosl   1 /4  of  the  Southwest   1 /4  or  SecUon  J,  o  d,s!anco of 1 ,322 .4 1 feel to the southeast corner of Northeast 1 /4 of the Southwest 1/4 of Section 3; !hence
N.OO' l9'4S"W.,  along  the  easteriy  line  of  said	Norlheasl   1 /4  ol  the  Southwest   1 /4  of  Section  3,  a  distance  of 1, 324.40  feet  lo  the  northeast  corner  of  said  Northeast   1/4  of  the  Southwest   1 /4  of  Section  3;  thence

2

Exhibit A

N.89'24'06''W.,  along  the  northerly  line  of  said  Norlheos(   1 /4  of  the  Southwest   1 /4  of  Section  3,  a  distance  of  i ,320. 15  feet  to  the  northwest  corner  of  soirJ  Northeast  1 /4  of  the  Southwest   1 /4  of  Section  .3,  olso  being  the southwest  corner  of  the  Soulheas\   1 /4  of  the  Northwest   1 /,1  of  said  SecHon  3;  thence  N.00' 20'27''\V.,  along  the westerly  line  of  said  Southeast  1 /4  of  the  Northwest   1 /4  of  Sectron  J,  a  dislnnce  of  1 ,324.43  feet  lo  the northwest  cornor  of  said  Southeast  1 /4  of  tho  Northwest   1 /4  of  Seclion  3;  thence  S.89'22' I 2"E.,  along  Iha northerly  line  of  said  Sc)1Jtheast  1 /4  of  the  Northwest   1 /4  of  Section  3,  a  dista nce  of  1,320.4 1   feet  to  the
north€ost  corner  of  said  South€ost  1 /�  of  !he  Northwest   1 /4  of  Sed1on  .3,  also  being  the  southwest  corner  of  the
Marth 1 /2 of the Northeast 1 /? of SccUon 3;  thence S.89.23'57"E.• along the southerly line of said North  1 /7 of the Northeosr 1 /4 of Section 3, a distance of 2,64�U 1 feel lo the southeosi corner of said North 1 /2 of lhe Northeast  1 /4  of  Section  3,  also  being  the  southwest  corner  of  the  North   1 /2  of  the  Norlh  1 /2  of  said  Section  2; thence S.89' 1 7'H"E., along the southerly line of soid North 1 /2 of the North 1 /2 of Section  2,  a  distance of 3,966.48 feet to the southeast corner of a tract os recorded in Official Records Book 21 29, Page i 494, said
Public  Records,  also  being  the  southwest  comer  of  the  Northeosl   1 /4  of  the  Northeast  1 /4  of  Section  2;  thence N.OO'OJ'42''E.,  along  the  westerI�·  line  of  said  tract  o'ld  �Clid  Northeast  1 /4  of  the  Northeast  1 /4  of  Section  2,  a d[slance  of	,-129.82  feet  lo  the  northeast  comer  of  said  Northwest    /4  of  the  Northeast  l/4  of  Section   2,  also being  lhe  north'llest  corner  of  the  Northeast  1 /4  of  the  Nor\heasl  1 /4  or  Section  2;  thence  S.89.1 7'34�E.,  along  the northerly line of soid Section 2, o distance of 837.59 feel to the sou\rieasl corner of Section 35, Township .34 Soulr1,  Range  19  East;  thence  S.89' 14 '0::i'l.,  continuing  along  the  rwlherly  line  of  Section  2,  o  distance  of  488.?8 feet lo the northeast corner of said Section 2, also being the northwest corner ol said Section 1; thence
S.89'07 '20"E., along the northerly line of soid Section 1, ll distance of 5,349.22 feel to the POINT OF B£Gl t�NIMG. LESS:
Premises  conveyed  to  E:.ost  Manatee  Fire  Rescue,  recorded  in  Official  Record  Book  2449,  Page  7H6,  lying  in  Section 1, Township 35 South, Ronge 19 East, Manatee Coun!)1 , Florido.
LESS:
Premises conveyed lo Peace  River  Eledric  Coopcrolive,  LLC,  recorded  in  Official Record  Book 2323,  Page 1 56 ,  lying in Section 1, Township 35 South, Range 19 Fast, Manatee County, rlorida.
L[SS:
Any portion of said troc\ that falls within the maintained right-of-way 1;nc of Lorraine R()od (varioblc width public right-of- way} as rer.orded in Road Plot 8ook 5, Page 190 through 217 , Public Records of Manatee County, Fiorida, 
ALSO LESS:
Any portion of said tror.l thoI. falls within the right ~of-woy of Slate Road 64 (Section 1 305-250, 1 00 foot w[de public right-of way).

Said trnc\ contairis 3,724.7 acres, more or less,

3

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Disclosure of Public Financing Lakewood Centre & Northwest Sector Projects

This Instrument Prepared by and return to:
Lakewood Ranch Stewardship District c/o Fishkind and Associates, Inc.
12051 Corporate Blvd.
Orlando, Florida 32817

This space reserved for use by the Clerk of
the Circuit Court

SECOND AMENDED AND RESTATED DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY

THE LAKEWOOD RANCH STEWARDSHIP DISTRICT [LAKEWOOD CENTRE AND NW SECTOR PROJECTS]
Board of Supervisors and Officers1 Lakewood Ranch Stewardship District
Rex Jensen Chai1man
Tony Chiofalo
Vice Chaiiman/Assistant Treasurer
Scott Almand Assistant Secretary
Jim Schier Assistant Secretary
Richard Bedford Assistant Secretary
Fishkind and Associates, Inc.
District Manager 12051 Corporate Blvd.
Orlando,  Florida 32817
(407) 382-3256
District records are on file at the offices of the District Manager and at the local records office 14400 Covenant Way, Lakewood Ranch, Florida 34202, and are available for public inspection upon request during normal business hours.

This list reflects the composition of the Board of Supervisors and Officers as of February 1, 20 19.

For a current list, please contact the District Manager or visit lakewoodranchstewardship.com

TABLE                 OF                 CONTENTS                        Introduction	1
What is the District and how is it governed?	1
What infrastructure improvements does the
District provide and how are the improvements paid for?	2
District Infrastructure Improvements	3
Utility Improvements	3
Stormwater Management and Drainage Improvements	3
Landscaping and Hardscaping Improvements	4
Transportation Improvements	4

Recreation	4
Assessments, Fees, and Charges	4
Method of Collection	5

Introduction
On behalf of the Board of Supervisors of the Lakewood Ranch Stewardship District (the "District"), the following infmmation is provided to give you a description of the District's services and the assessments that are anticipated to be levied within the District to pay for ce1iain community infrastructure, and the manner in which the District is operated. The District is a unit of special-purpose local government created pursuant to and existing under the provisions of 2005-338, Laws of Florida. Unlike city and county governments, the District has only ce1iain limited powers and responsibilities. These powers and responsibilities include, for example, certain water and sewer facilities and water management and drainage control facilities.

Under Florida law, special districts are required to take affirmative steps to provide for the full disclosure of infmmation relating to the public financing and maintenance of improvements to real prope1iy unde1iaken by such districts. The law specifically provides that this information shall be made available to all persons cunently residing within the District and to all prospective District residents. The following information, describing the Lakewood Ranch Stewardship District and the assessments, fees and charges that are anticipated to be levied within the District to pay for certain community infrastructure, is provided to fulfill this statutory requirement.
The District is here to serve the needs of the community and we encourage your participation in District activities.

What is the District and how is it governed?

The District is an independent special taxing district created pursuant to and existing under the provisions of 2005-338, Laws of Florida, enacted on June 17, 2005, as amended by Chapter 2009-263, Laws of Florida and Chapter 2018-178, Laws of Florida. The District cmTently encompasses approximately 23,302 of land located within the jurisdictional boundaries of Manatee and Sarasota Counties, Florida. Those p01iions of the District known as the Lakewood Centre and NW Sector projects consist of approximately 2,360 acres located within Manatee County. As a local unit of special-purpose government, the District provides an alternative means for planning, financing, constructing, operating and maintaining various public improvements and community facilities within its jurisdiction.
The District is governed by a five-member Board of Supervisors, the members of which must be residents of Florida and citizens of the United States. There is an election by landowners for the District every two years on the first Tuesday after the first Monday in November. Board members shall begin being elected by qualified electors of the District as the District becomes populated with qualified electors based on the following schedule: at 10,000 qualified electors, one governing board member shall be a person elected by qualified electors and four elected by landowners; at 20,000 qualified electors the ratio is two-to-three respectively; at 30,000 qualified electors the ratio is three-to-two; at 40,000 qualified electors, the ratio is four­ to-one; and at 45,000 qualified electors, all five governing board members shall be persons who
1

were elected by qualified electors. A "qualified elector" in this instance is any person at least 18 years of age who is a citizen of the United States, a legal resident of Florida and of the District, and who is also registered with the Supervisor of Elections to vote in either Manatee County or Sarasota County and resides in either Manatee or Sarasota County. Notwithstanding the foregoing, if at any time the Board proposes to exercise its ad valorem taxing power, it shall, prior to the exercise of such power, call an election at which all members of the Board shall be elected by qualified electors of the District.

Board meetings are noticed in the local newspaper and are conducted in a public forum in which public paiiicipation is pennitted. Consistent with Florida's public records laws, the records of the District are available for public inspection during normal business hours. Elected members ofthe Board are similarly bound by the State's open meetings law and are subject to the same disclosure requirements as other elected officials under the State's ethics laws.

What infrastructure improvements does the District provide and how are the improvements paid for?
The boundaries of the District encompass approximately 23,302 acres of land located in Manatee and Sarasota Counties. The "Lakewood Centre and NW Sector Projects" consists of approximately 2,360 acres located in Manatee County, the legal description of which is attached hereto as Exhibit A. The Lakewood Centre prope1iy consists of approximately 700 acres and is planned as a mixed-use development with residential, commercial, retail, and office uses. The NW Sector property consists of approximately 1,500 acres and is primarily planned for residential uses, as well as several hundred thousand square feet of neighborhood commercial and retail uses.
The public infrastructure necessary to supp01i the development program within the development includes, but is not limited to, the following: a drainage system and stormwater management system (i.e. pipes, lakes, control structures, etc.), landscaping, lighting, recreation (i.e. parks, trails, etc.), decorative walls, fences, potable water systems, sanitary sewer systems, and irrigation facilities (the "Improvements"). The completion of these Improvements are anticipated to be funded by the District's sale of bonds, notes or other indebtedness as discussed below (the "Lakewood Centre and NW Sector Projects"). Further information can be obtained from the District's Engineer's Reports on file with the District.
On June 5, 2006, the District issued $30,145,000 Lakewood Ranch Stewardship District Bond Anticipation Notes, Series 2006 ("Lakewood Centre and NW Sector Projects") (the "Series 2006 Notes") for the purpose of: (1) financing a p01iion of the costs associated with the acquisition and construction of a p01iion of the Improvements; and (2) paying certain costs associated with the issuance of the Series 2006 Notes. On June 1, 2007, the District issued Renewal Bond Anticipation Notes, Series 2007 (the "Series 2007 Notes"), to renew the Series 2006 Notes, which were subsequently renewed by the issuance of Renewal Bond Anticipation Notes, Series 2009 on January 7, 2009.

2

On May 1 3, 20 1 1 , the District issued $36,255,000 Lakewood Ranch Stewardship District Special Assessment Revenue, Series 2011 (Lakewood Centre and NW Sector Projects) (the "Series 201 1 Bonds") for the purpose of: (1) retiring all of the District's Renewal Bond Anticipation Notes, Series 200 9, (2) funding the 20 11 Reserve Account in an amount equal to the 2011 Reserve Account Requirements, and (3) paying certain costs associated with the issuance of the Series 2011 Bonds.

On December 10, 20 1 8, the District issued $1 1,790,000 Lakewood Ranch Stewardship District Special Assessment Revenue Bonds, Series 20 18 (Lakewood Centre & NW Sector Projects) (the "Series 20 18 Bonds") for the purpose of: (1) financing a portion of the costs associated with the acquisition and construction of a portion of the Improvements, (2) funding the Series 2018 Reserve Account in an amount equal to the 20 18 Reserve Account Requirement, and (3) paying costs associated with the issuance of the Series 20 18 Bonds. It is anticipated that the funds generated by the Series 2018 Bonds will be utilized to complete the development of the Lakewood Centre and NW Sector Projects.
District Infrastructure Improvements
As noted above, improvements comprising the Lakewood Centre and NW Sector Projects consists of a drainage system and stormwater management system (i.e. pipes, lakes, control structures, etc.), landscaping, lighting, recreation (i.e. parks, trails, etc.), decorative walls, fences, potable water systems, sanitary sewer systems, and irrigation facilities. Of these facilities, the District will own and operate/maintain the stormwater management system, irrigation system, and portions of the landscaping within the roadway system. Some roadway lighting may be owned and operated by the District. Most of the potable water system and the sanitary sewer system will be owned and operated/maintained by Manatee County, with lesser portions being owned and operated/maintained by the District.
Utility Improvements
The District will construct the potable water, sanitary sewer and irrigation systems necessary to support the Lakewood Centre and NW Sector Projects' residents and other activities. Potable water, sanitary sewer and inigation will be constructed to Manatee County standards. Utilities may include offsite systems (i.e. offsite force main to a wastewater treatment plant) or onsite systems constructed as part of a major roadway or subdivision.
Stormwater Management and Drainage
The stmmwater management system will be comprised of excavated stmmwater management ponds as well as above ground and below ground collection systems to transport the stormwater to the appropriate stmmwater ponds for treatment and flood attenuation.

3

Landscaping and Entry Features
Landscaping and entry features will be an integral paii of the Lakewood Centre and NW Sector Projects' infrastructure. Development areas and vai'ious neighborhoods will have entry features and various hardscape features designed to provide a distinctive look to the community.
Transportation Improvements
There are roadways that may require improvement in order to serve the Lakewood Centre and NW Sector Projects. Improvements may include new roadways, street lighting, expansion of existing roadways, intersection improvements, etc.
Recreation

Recreation facilities including trails, parks, etc. may be constructed within the project.

Assessments, Fees, and Charges
The costs of acquisition or construction of a portion of the above described infrastructure improvements have been financed by the District through the sale of the Series 2006 Notes and its renewal through the Series 2007 and Series 2009 Notes, as refunded through the issuance of the Series 2011 Bonds, as well as the issuance of the Series 2018 Bonds. The outstanding bonds ai·e secured by special assessments on property that benefits from the construction, acquisition, establishment, and operation of the Improvements. A schedule of the annual debt service obligations of the District which must be defrayed by annual assessments will depend upon the location (assessment ai·ea) and type of prope1iy purchased. A copy of the District's Assessment Methodology, as amended and supplemented, is on file with the District.

The cunent maximum annual debt assessment per unit for the Series 2011 Bonds is as follows:

Product Type	Series 2011 Bonds Maximum Annual Assessment Level per Unit	
Standard	SF 36-45' Wide	$1,639.45	
Standai·d - SF 46-55' Wide	$1,850.05	
Standai·d - SF 56-65' Wide	$2,032.52	
Standard	SF 66-90' Wide	$2,586.02	
Age Restricted - SF 45' Wide	$862.13	
Age Restricted - SF 52' Wide	$996.12	
Age Restricted - SF 62' Wide	$1,187.92	
Coach Homes	$1,443.78	
Condominiums/TH	$1,249.51	
Rental Apartments	$773.13	
4

Retail Square Feet	$1.04	
Office Square Feet		
Hotel Rooms	$926.38	

$.74

The current maximum annual debt assessment per unit for the Series 2018 Bonds is as follows:

Product Type	Series 2018 Bonds Maximum Annual Assessment Level per Unit	
Intercoastal Medical Group	$.49/sq. ft.	
Senior	Lifestyles	(Sheridan	at Lakewood Ranch)	$.38/sq. ft.	
Haimony	$0.00*	
Palisades	$1,259.71	
Commercial	$.28/sq. ft.	
Parcel F	off44th Ave	$628.53	

* amounts previously paid to the District by the Haimony landowner were held in escrow and credited to the principal ainount of the Series 2018 Bonds that otherwise would have been allocated to such prope1iy.
Note: The maximum annual assessments level ainounts have been grossed up to include collection costs from Manatee County and a maximum discount for early payment as authorized by law.

The amounts described above exclude any operations and maintenance assessments which may be dete1mined and calculated annually by the District's Board of Supervisors against all benefited lands in the District. These assessments will also be collected in the same manner as county ad valorem taxes.

Method of Collection

The District's debt service and operations and maintenance assessments may appear on that p01iion of the annual real estate tax bill entitled "non-ad valorem assessments," and are expected to be collected by the county tax collector in the same manner as county ad valorem taxes. Each property owner must pay both ad valorem and non-ad valorem assessments at the same time. Prope1iy owners will, however, be entitled to the saine discounts as provided for ad valorem taxes. As with any tax bill, if all taxes and assessments due are not paid within the prescribed time limit, the tax collector is required to sell tax certificates which, if not timely redeemed, may result in the loss of title to the prope1iy. The decision to collect special assessments by any particular method - e.g., on the tax roll or by direct bill does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

5

This description of the Lakewood Ranch Stewardship District's operation, services and financing structure is intended to provide assistance to landowners and purchasers concerning the imp01iant role that the District plays in providing infrastructure improvements essential to the development of new communities. If you have questions or would simply like additional inf01mation about the District, please write to Fishkind and Associates, Inc., 12051 Corporate Blvd., Orlando, Florida 32817, or call (407) 382-3256.

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IN WITNESS WHEREOF, this Second Amended and Restated Disclosure of Public Financing and Maintenance of Improvements to Real Prope1iy Undertaken has been executed as

of the	 	day of  	
Manatee County, Florida.

Witness Print Name

, 20 19, and recorded in the Official Records of

LAKEWOOD RANCH STEWARDSHIP DISTRICT

By:	_	 		 	_
Chai1man

Witness Print Name

STATE OF FLORIDA
COUNTY OF  	
The	foregoing	instrument	was	acknowledged	before	me	this	 	day	of
 		 	 , 20 1 9, by Rex Jensen, Chairman of the Lakewood Ranch Stewardship
District,	who	IS	personally	known	to	me	or	who	has	produced
---	---	-- as identification, and did [ ] or did not [ ] take the oath.

Notary Public, State of Florida
Print Name:	---	---	--
Commission No.:	---	---
My  Commission Expires:	 		 	

Exhibit A: Legal Description

7

Exhibit A Legal Description

Rangeland MOB 11, LLC Parcel
Units 6 and 7, Third Amendment to Lakewood Centre North I Condominium, a land condominium as recorded in Condominium Book 40, Pages 49 through 53, per the Declaration of Condominium recorded in Official Records Book 2243, Page 351 1, amended in Official Records Book 2466, Page 3262, Official
Records Book 2503, Page  3404 and Official Records Book 2544,  Page 4535,  all in the Public Records of Manatee County, Florida

Together with:
SHI-IISLD Lakewood Ranch, LLCParcel

Unit 1, Third Amendment to Lakewood Centre North 1, a land condominium as recorded in Condominium Book 40, Pages 49 through 53, per the Declaration of Condominium recorded in Official Records Book 2243 , Page 35 1 1 , and as amended in Official Records Book 2466, Page 3262, Official Records Book 2503, Page 3404, and Official Records Book 2544, Page 4535, all in the Public Records of Manatee County, Florida

8

Together with:
Palisades Parcel
A TRACT OF LAND LYING IN SECTION 16, TOWNSHIP 35 SOUTH, RANGE 19 EAST, MANATEE COUNTY, FLORIDA BEING DESCRIBED AS FOLLOWS:

COMMENCE AT THE NORTHEAST CORNER OF THE NORTHEAST 1/4 OF SAID SECTION 16; THENCE S00°12'39'W ALONG THE EAST LINE OF THE NORTHEAST 1/4 OF SECTION 16, A DISTANCE OF 2343.96 FEET TO THE POINT OF BEGINNING; THENCE CONTINUE ALONG THE SAID EAST LINE OF THE NORTHEAST 1/4 S00"12'39"W A DISTANCE OF 299.16 FEET TO THE EAST 1/4 CORNER OF SECTION 16 TOWNSHIP 35 SOUTH,  RANGE 19 EAST; THENCE S00° 14'44"W ALONG THE EAST LINE OF THE SOUTHEAST 1/4 OF SAID SECTION 16, A DISTANCE OF 2572.30 FEET TO THE NORTHERLY RIGHT OF WAY OF STATE ROAD 70 (PER FOOT RM/ MAP SECTION 13160-2503); THENCE ALONG SAID RM/ THE FOLLOWING (4) FOUR CALLS N89°20'08'W, A DISTANCE OF 1 00,00 FEET; THENCE N00°1 4'45"E, A DISTANCE OF 756.07 FEET; THENCE N89"05'04"W, A DISTANCE OF 353.71 FEET; THENCE S15"33'04"W, A DISTANCE OF 181 ,54 FEET; THENCE LEAVING SAID RIN LINE S38°06'36'W, A DISTANCE OF 26.48 FEET; THENCE S89°55'57'W, A DISTANCE OF 1 02.43 FEET; THENCE S19°07'05"E, A DISTANCE OF 29.21 FEET; THENCE S34° 17'31 'W, A DISTANCE OF 39. 14 FEET; THENCE S56°1 3'52"W, A DISTANCE OF
79.15 FEET; THENCE S1 4°06'47''W, A DISTANCE OF 41 .30 FEET; THENCE S44°41 '07"E, A DISTANCE OF 36.87 FEET; THENCE S09° 11 '42"E, A DISTANCE OF
59.54 FEET; THENCE S30°42'32"E, A DISTANCE OF 167.43 FEET; THENCE N87"46'50'W, A DISTANCE OF 143.79 FEET; THENCE N54"40'46"W, A DISTANCE OF
FEET; THENCE N80°07'35''W, A DISTANCE OF 1 25.89 FEET; N86°20'59'W, A DISTANCE OF 114.77 FEET; THENCE N70°13'03'W, A DISTANCE OF 125.73 FEET; THENCE N44°22'37"W, A DISTANCE OF 37.41 FEET; THENCE N57°45'50"W, A DISTANCE OF 63.52 FEET TO THE EASTERLY Rf# LINE OF SILVER PALM IN ORB 2631, PAGE 2438; THENCE THE FOLLOWING (3) THREE CALLS ALONG SAID RM/; THENCE N35"47'11 "E, A DISTANCE OF 188.32 FEET; THENCE N54"1 2'49'W, A DISTANCE OF 120.00 FEET; THENCE S35"47'11 'W, A DISTANCE OF 1 97.13 FEET TO THE LANDS OF LUXE APARTMENTS IN ORB 2499, PAGE 2239; THENCE LEAVING SA.ID RMIAND ALONG SAID LUXE PARCEL THE FOLLOWING (3) THREE CALLS N52•51 '55"W, A DISTANCE OF 155.23 FEET; THENCE N48°29'01'W, A DISTANCE OF 747.49 FEET; THENCE N58°04'05"W, A DISTANCE OF 121,13 FEET; THENCE N34°24'07"E, A DISTANCE OF 1 03,74 FEET; THENCE N86° 19'25"E, A DISTANCE OF 131 .37 FEET; THENCE N51 "44'43"E, A DISTANCE OF 84.23 FEET; THENCE  N86°45'21"E,  A  DISTANCE  OF  11 5.80  FEET;  THENCE  N81 °02'53"E,  A DISTANCE OF 278.97 FEET; THENCE N05°26'00"E, A DISTANCE OF 296. 16 FEET; THENCE N09°50'20"E, A DISTANCE OF 292,27 FEET: THENCE N86°21 '43"E, A DISTANCE OF 494.32 FEET TO A POINT OF CURVATURE OF A NON TANGENTIAL CURVE TO THE RIGHT HAVING A RADIUS WHICH BEARS S66°31'38"E, A RADIUS OF 1295.00 FEET , DELTA ANGLE OF 17"35'41", CHORD BEARING OF N32° 16'1 3"E, CHORD DISTANCE OF 396. 12 FEET; THENCE ALONG THE ARC OF SAID CURVE A DISTANCE OF 397,68 FEET TO A POINT OF REVERSE CURVATURE OF A CU RVE

TO THE LEFT HAVING A RADIUS WHICH BEARS N48°55'56"W, A RADIUS OF 1211.18 FEET, DELTA ANGLE OF 17°1 9'1 0", CHORD BEARING N32°24'28"E, CHORD DISTANCE OF 364.72 FEET; THENCE ALONG THE ARC OF SAID CURVE, A DISTANCE OF 366. 12 FEET TO THE POINT OF TANGENCY; THENCE N23"44'55"E, A DISTANCE OF 376.93 FEET; THENCE S89°59'49"E, A DISTANCE OF 325.19 FEET TO THE POINT OF BEGINNING.
SUBJECT TO EASEMENTS, RESERVATIONS AND DEDICATIONS OF RECORD.

9

Together with:
SMR North 70, LLC Parcels

Section  7. To11:nsh9 Jj  Soµtn  Rang•  IS ____fifil
That  p�rticn  o' s,;,;1;,,n 1,  lo,rnship  35  South.  Range  19  Eost,  tiinq eoslcrly of  the  eo,te,ti  right-of· woy line  of  Lako•ooo  Ranch  e,,,.-,�ard, os recorded in Officio! R«ord Book 1 429, Poqe 37()3 Public Records of l.lor-0\ee Ccunty. Florido;

SUtion B Towrehip 3� South. Ronge 19 Cosl.
�JI o! Sechcl\ 8, lo•�.ship 35 South. Rong• 19 Cos\; less:
Right-of-way  for  Lo�e•oo-J  Rench  8-0Jle,crd,  as  re-crd•d  in  O(f,ci-0!  Re<:ord Bc-0�  1429,  Page  3703  Publ,c  Records  of Mo,no\ee  CoOJn\y, Florida.

A  p.,.-lian  of  �mnise:1  doscribed in  Warranty Deed to the Count/ of  Manatee.  recorded in  Official  Record  Doak  1528. ?age  74B1  and Ccnedrie Wwai,\y Oeed recorded in Officio! Record Dea� 1540, Pcge 7916 Public Records al l.lonatcc County. Florida;
Less:
That  rmion  of  Secli0t1  B, Townihip  35 S:iuth.  Ron�<>  19  (a,t  ly"9  wesktly  of  the  wesleriy  ri9ht-of-way !,r,a  of  Lakewood  Rench  e..x,,,,__,rd. as recorded in Official Record Boe� 1429. Poge 3703 Pubfic Records of IJ□naiee County. fiarido;
Less:

lhol portion al Section 8, To,nship 35 South, Range 19 East tyiog norlho,fi of I...: so1.,lherly right-al-•")' lone al 44th A1er,Je fost. cs recard'<l h Olfidcf Record ():;-ok ?25�. Page 4605 Public Rceord, of Uono!ee County. Florida;

Premise; con,-.yed lo  Equitco�  Notional Prcparly Camooni,  LLC  re1:crded  in  Offe:iol  Record  Boo,  1970.  pogc  �J43 on<1  Official Record Book 2188, Pc<,e 0797, less and except ll,¢re from premi�e describe<! in Oificiol R•card Book 21 88, Poge OBO!; 
Less:
Premise;i con,,eyed lo lost Creek ,..,orlme1:l�. LLC re:orded in Officiol Record Bo<;!< 2J6J, Pogg 0985, Officio! Rm>rds of Man□le, Coonty, Fi<>rida;
Less:
Right-of- way for "olacrae Drive, recorded in Officio! Re:ord !look 2J.l2, Page 176.l, Ollic,cl Reccrd� of \lonotee Cq\inly, Florido; S,eciioos 9 qr4 10. To�nship 35 South Rans• 19 J;gu.
Ml that porUC<'I of S.,<::iM 9 ond the n�rthwe,\ quarter of Section 10. fownship .l� South. Range 19 £est, lfr-9 west of the w,�letly right-al-way line of Lorraine Rood. o mo:n\ained rood righl-of-•ay ond south ol the following described &te;
B£CIN  ot \he  r<:<lhwesl �arr.er  af said Soclian  9;  thence  589'07'2t'E.  olCl"'J  the  r.c,,thcrly  lino  of said Sc:<:Fon 9,  o  di:larce  of  11 53.28 feet to the point d curvature of o curie tu lhe 1igl1t ho1lng o 10,je:u,, � 29.J.J.OO feet ond o cenlral on9,I of 40'22'51"; thence soulhecsteriy along the a,c of �aid cum. o distance of 206� OD feet to tee point cf tQNJ�ncy of �old curve; thell(e S48'44'J1·c. a distance of 1779.93 feet lo the point of r,urvnlur• of a curve to lhc l<H. M,'ing a radius of 2300.00 feel ond o cer(rol or.<,te cf
-10'44'29"; lhtnca southeoster� Clol"'J the c<c a! said cur'/e. o dislonce of 1991 .00 le� 1o lhe point of langer.q al said ,ur,�; thence
�B9'29'oo·[, a di,tor1ce of 462.28 feet to the westerly righl-ol-•oy line of �a'd Lorro·oe Road, for the P<:lNT OF TER�IW.TIOH.
ltss:
Right-of-way for Pope Rood, recorded in Offi;iol Record Pm< 2197. Pa9e 5612. Public Reeor<is of llorotee Covnly. Florida;

10

]he 5-0uth.,,st quarter of the northwest quort,r of Se,:lion 15, Township J.� Sauth, Range 19 [oil; Less;
Hood tight-of-WO)' for lor,oine Rood;
Less:
The n□rth,asl quatltr of the southwest quorler of the rorlhwcsl q;nrter of Section 15, Towr.ship 35 Sou!h. Ronge 19 [ost;

TM east 66 feet of the, northwest quarter cl the southwe,t quc,ter of lh� r,;,,\hwesl quarter of Section 15, Townsrip !5 South, Rarge 19 fosl, as descr,ted in Worronl)' D�d to Cli>'e ond Jvji(h Yarris, r<cor<lcd i<> Official Reco•d Book 1574, Po9e 21 46,
Serlinn  1 6  lownship 35  Soulb••Roog�
All of Sectoo 16, 1ownship 35 Soutr. Ronge 19 East:

Flooa rqht-of•woy for Stole Rocd 70;

Prernises described in \l'orrnnt)' Dew to tho Stole of flotido Oep<:rtment of TroMportotio,, recorded in Official Record Eock 1915, Page 576B Public Record, of tltrMIEe County, fvridu;
less:

_

Prernises desco'bed in Wom::r.\y Oeod lo Cowed Bridge Holdings 111, LlC, recorded in O!fitial R,cord !roe� 1970, Page 7D7 Public Records of Monatee County, n:,rido,
Less;
Prem«es d<scribed in \'lorronty Deed lo lhe Oiocese ol Venice, recorded i, Official Record eoo, 1451, Page 964: Less:
Premises described in Sp,;cial Wcrrcnly Deed to lhe Diocese of Venice, recorded in Official Record Book 19,B, Pose JJ21 Publ:,C Records of 11,rn,ileo County, ilcrido;

Righl-of-wcy fot Pop• Rood and Center Ice Porkoay, rcccrdcd in Officio! Re,:ord Book 2197, Page 5612, Putfa Records of tlonotcc Count1, Florido;

SJ:cti90  17,  Iwnsi,;p J5 S<;utf;, Range  I9J:Qs\;
/>JI of Section 17, Township 35 Soulh, Range 19 East lying Mrlhe�y of the north right-of-*OY I� of Slate Rood 70 ond eoslerly of the east
right-cf-woJ' line of Loke-.ocd Ranch Ooulevnrd, recorded in Official Record Eook 1 129, Poge J70J of lt,c Public Rcco11Je, of tJor,olee Counly, Floridc;
Lnss:
Righl-of-wcy for Center Ice Por<WOJ', recorded in Olfidal Record Bw� 2197, Page 5612, Public Records of Mono1ee County, flc•ido: Less:
Prerr,ses aescribeo in Vlorronty Deed to the Slate ol rlorida Oepartr<�nl of Tron�portolion, recorded ;n Qff;ciol Record Book 1915, Page 5768 Public Records of tlorrolee County. Florido:
Less:
Premises  conv.J'� lo  Lo-,t  Creek  Apo11menls,  lLC  record,d  in  Official Recocd Book  2363,  Pogo  O�B5.  Official  Record$  of l.fonotee  Cour,ty,  Florido; Less:
A purUcfl of prerr,ses descrl::<!d in Wormnly Deed lo U,e CoJnly of Manatee, record�d ir. Official Record Boak 1528, Pcge 7481 ord Corrective 'llouurly Deed reco,ded io Officio! Rer.ord Uoak 1540, Pcge 791 B Public Record, cf Monotee Cout1ly, n,:,,ido;
Less:

Prerr,ses ccr.,-eled to IMtord (nte,toinment, LlC recorded in Official Record Sook 2243, Poge 7340, �oi� prern;ses being lk,it 1, Lokewooa Centre Norte I CondominiJm, o lond condominium, according lo ihe �clorot:On of Condominium thereof re-:orded in Oif;dal R•cord &,¢1< 2243, Page 3511 , cr4 per the plat thereof reco<d,d in Condominium P:ot Boo!< 37, Page, 1 62 through 166, inclu,i've, of tho Public Rceord, of 1.!onotee CoJnty, P,otido, together �ilh on undivided interest in tre comrnon clement, oppurtenont thereto;
CONIAINIHG A TOTAL AREA or 1 ,863 ACRES, PLUS OR li!UIJS.

11 

PID 583204059:

Option Parcel # 1 : 
DESCRIPTION (as prepared by the ce1iifying Surveyor and Mapper):
A tract of land lying in Section 17, Township 35 South, Range 19 East, Manatee County, Florida, being more paiiicularly described as follows:

BEGIN at the northwest corner ofNewhaven Boulevard (120-foot Wide Public, Lakewood Ranch Stewardship District Roadway), as recorded in Official Records Book 2717, Page 51 88 ofthe Public Records of Manatee County, Florida); the following five (5) calls are along the easterly line of Hannony at Lakewood Ranch, Phase II, Subphase C, Units 1, 2, 3 & 4, Plat Book 63, Page 143 of said Public Records: (1) thence N.39°01 1 15 "E., a distance of 133.1 1 feet; (2) thence N.1 1 °021 58"E., a distance of
1 83 .3 5 feet; (3) thence N.30°22123 "E., a distance of 171.20 feet; (4) thence N.43 ° 19134"E., a distance of
1 52.98 feet; (5) thence N.34°34143 "E., a distance of 111 .53 feet; thence S.60°241 l6 "E., a distance of
24 1 .54 feet; thence S.01 °361 50"E., a distance of 131 .72 feet; thence S.00°581 17"W., a distance of 160.48 feet; thence S.03°391 l 6"E., a distance of 87.82 feet; thence S.24°441 57"W., a distance of 1 64.7 1 feet; thence S.44°02121 "E., a distance of 269.27 feet to the n01iherly right-of-way line of Rangeland Parkway (13 0-foot wide public right-of-way, as recorded in Official Records Book 2197, Page 5612 of said Public Records), also being the point of curvature of a non-tangent curve to the left, having a radius of 2, 148.00 feet and a central angle of 06°05127"; thence Southwesterly along said northerly right-of-way of Rangeland Parkway and along the arc of said curve, a distance of 228.34 feet, said curve having a chord bearing and distance of S.44°03 1 56"W., 228.24 feet, to the northeasterly corner of abovementioned Newhaven B oulevard, also being the point of reverse curvature of a curve to the right having a radius of
50.00 feet and a central angle of 87°07153 "; the following three (3) calls are along the n01iherly right-of­ way of said Newhaven Boulevard: (1) thence Westerly along the arc ofsaid curve, a distance of 76 .04 feet to the point oftangency ofsaid curve; (2) thence N.5 1 °501 54"W., a distance of 567.68 feet to the point of curvature of a curve to the right having a radius of 2,940.00 feet and a central angle of 00°52'09"; 
(2) thence N01ihwesterly along the arc of said curve, a distance of 44.60 feet to the POINT OF BEGINNING.
Said tract contains 391,062 square feet or 8.9775 acres, more or less.

Option Parcel #2:
DESCRIPTION (as prepared by the ce1iifying Surveyor and Mapper):
A Tract of land lying in Sections 8, 9, 16 and 17, Township 35 South, Range 19 East, Manatee County, Florida and described as follows:
Commence at the N01ihwest corner of said Section 17; thence S.89°34135 "E along the N01ih line of said Section 17 a distance of 3985 .93 feet; thence S.00°25125"W a distance of 487.63 feet to the POINT OF BEGINNING; said point being the point of curvature of a curve to the right, ofwhich the radius point lies S.69°39159"E., a radial distance of 325 .00 feet; thence n01iheasterly along the arc of said curve, through a central angle of 33°08149", an arc length of 188.02 feet to the point oftangency of said curve; thence  N.53 °28149"E., a distance of 370.60 feet; thence N. 1 6°27'09"W., a distance of 93 .39 feet; thence
12 

N.79°58'1 6"E., a distance of 237.81 feet; thence N.O 1 ° 19'5 1 "W., a distance of 167.40 feet; thence N.00°22'34"E., a distance of 125.63 feet; thence N.46°57'43 "W., a distance of 93 .91 feet; thence
N. 13°30'3411 W., a distance of 73 .89 feet; thence N. 16°29'54"W., a distance of 87. 19 feet; thence N.05°21'1011W., a distance of 302.53 feet; thence N.l 8°32'52"W., a distance of 155.45 feet; thence N.55 ° 17'1611 W., a distance of 56.75 feet; thence N.00°43'5211 W., a distance of 30.00 feet; thence
N.83 °37'5911E., a distance of 372.95 feet to the point ofcurvature of a non-tangent curve to the left, of which the radius point lies N.68°06'46"E., having a radius of 2,930.00 feet and a central angle of 10°59'39"; thence southeasterly along the arc of said curve, a distance of 562.22 feet, said curve having a chord bearing and distance of S.27°23'04"E., 561 .36 feet, to the point of reverse curvature of a curve to the right having a radius of 2,800.00 feet and a central angle of 08° 13'5 1 "; thence southeasterly along the arc of said curve, a distance of 402.23 feet to the end of said curve; thence S. 11 °42'32"E., along a line non-tangent with the previously described curve, a distance of 51 .10 feet to the point ofcurvature of a non-tangent curve to the right, ofwhich the radius point lies S.66°22'2 l "E., having a radius of 2,789.00 feet and a central angle of 02°07'38 11 ;   thence Southeasterly along the arc ofsaid curve, a distance of

1 03.55 feet, said curve having a chord bearing and distance of S.22°33'5011E., 103.54 feet, to the point of tangency of said curve; thence continue Southerly along the arc of said curve through a central angle of 03 °46' 14 ", a distance of 183 .54 feet to the point ofcurvature ofa non-tangent curve to the right, of which the radius point lies S.25°49'28 11W., a radial distance of 35.00 feet; thence southeasterly along the arc of said curve, through a central angle of 46° 58'1 8", an arc length of 28.69 feet to the point ofcompound curvature of a curve to the right having a radius of 2,800.00 feet and a central angle of 07°40'5 l 11 ;   thence southerly along the arc of said curve, an arc length of 375 .36 feet to the point of reverse curvature of a curve to the left having a radius of 2,930.00 feet and a central angle of O 1 °04' 12 11 ;   thence southerly along the arc of said curve, a distance of 54.72 feet to the point oftangency of said curve; thence
S.01 ° 1 8'1 l "W., a distance of 51 .28 feet to the point ofcurvature of a non-tangent curve to the left, of which the radius point lies N.78°25 '45 "E., a radial distance of 2,941 .00 feet; thence southerly along the arc of said curve, through a central angle of 05°37'54", an arc length of 289.07 feet to the point of curvature of a non-tangent curve to the right, of which the radius point lies S.25°50'30"W., a radial distance of 35 .00 feet; thence southeasterly along the arc of said curve, through a central angle of
46°27'4211,   an arc length of28.38 feet to the point ofreverse curvature ofa curve to the left having a  radius of 2,930.00 feet and a central angle of 06°44'40"; thence southerly along the arc of said curve, a distance of 344.90 feet to the end of said curve; thence S.12°34'36"E., along a line non-tangent to the last described curve, a distance of 51 .41 feet to the point ofcurvature of a non-tangent curve to the left, of which the radius point lies N.64°34'4211E., a radial distance of 2,941 .00 feet; thence southeasterly along the arc of said curve, through a central angle of O 1 °33'58", an arc length of 80.39 feet to the point of tangency of said curve; thence S.26°59'15 "E., a distance of 138.45 feet to the point ofcurvature of a curve to the right having a radius of 50.00 feet and a central angle of 90°00'00"; thence southerly along the arc of said curve, an arc length of 78.54 feet to the point oftangency of said curve; thence S.63 °00'45 "W., a distance of 89 .00 feet to the point ofcurvature of a curve to the right having a radius of 2,0 18 .00 feet and a central angle of 03°41 '3 5 11 ;   thence southwesterly along the arc of said curve, an arc length of 130.08 feet to the end of said curve; thence S.79°51' 15 11 W ., along a line non-tangent to the last described curve, a distance of 51 .06 feet to the point ofcurvature of a non-tangent curve to the right, of which the radius
point lies N.21 °52'3 0 11W., a radial distance of 2,007.00 feet; thence westerly along the arc of said curve, through a central angle of 1 1 °39'48 11 ,   an arc length of 408.55 feet to the end of said curve; thence
N.09°31 '3 5 11 W., along a line non-tangent to the last described curve, a distance of 11 8.84 feet to the point of curvature of a curve to the left having a radius of 232.00 feet and a central angle of 50°32'49"; thence n01ihwesterly along the arc of said curve, an arc length of 204.67 feet to the point oftangency of said curve; thence N.60°04'23 "W., a distance of 9 .99 feet to the point ofcurvature ofa non-tangent curve to the left, ofwhich the radius point lies N.05°42'03 "W., a radial distance of 1,72 1 .00 feet; thence easterly along the arc of said curve, through a central angle of 10°02'06", an arc length of 301 .43 feet to the point
13 

ofcurvature of a non-tangent curve to the right, of which the radius point lies N.65°25' 1 6"E., a radial distance of 3,370.00 feet; thence n01therly along the arc of said curve, through a central angle of
05°45'25 ", an arc length of 33 8.6 1 feet to the point of curvature ofa non-tangent curve to the right, of which the radius point lies N.00° 12'20"E., a radial distance of 452.00 feet; thence westerly along the arc of said curve, through a central angle of 27° 1 l '14", an arc length of 214.48 feet to the end ofsaid curve; thence S.16° 1 0'06"W., a distance of 133 .84 feet; thence S.24°57'36"W., a distance of 72.41 feet; thence S.74°55'37"W., a distance of 132.27 feet; thence N.62°23 '58"W., a distance of 121.36 feet; thence N.32°04' 19"W., a distance of 73 .62 feet; thence N.27°58'16"W., a distance of 57.99 feet; thence

N. 15°34'36"E., a distance of 78.58 feet; thence N. 16°53'1 0"E., a distance of 179.57 feet; thence N.60°04'23 "W., a distance of 709.24 feet to the POINT OF BEGINNING.
Said tract contains 2,082,462 square feet or 47.8068 acres, more or less.

Option Parcel #3 :
DESCRIPTION:
A Tract of land lying in Section 17, Township 35 South, Range 19 East, Manatee County, Florida and described as follows:
Commence at the No1thwest corner of said Section 17; thence S.89°34'35"E along the North line of said Section 17 a distance of 3532.45 feet; thence S.00°25'25"W a distance of 1 828. 16 feet to the POINT OF BEGINNING; thence N.70°09' 10"E., a distance of 303.01 feet; thence S.71 °44'57"E., a distance of 10.49 feet; thence S.21 °37'24"E., a distance of 19 .33 feet to the point of curvature of a curve to the right having a radius of 128.00 feet and a central angle of 08°31 '5 1 "; thence southerly along the arc of said curve, an arc length of 19.06 feet to the point oftangency of said curve; thence S.13°05'33 "E., a distance of 58 .52 feet to the point of curvature ofa curve to the left having a radius of 172.00 feet and a central angle of 08°31 '5 1 "; thence southerly along the arc of said curve, an arc length of 25.61 feet to the point of tangency of said curve; thence S.2 1 °37'24"E., a distance of 86. 79 feet to the point of curvature ofa non­ tangent curve to the left, ofwhich the radius point lies S.21 °52'46"E., a radial distance of 2, 1 59.00 feet; thence westerly along the arc of said curve, through a central angle of 00° 14'4811 ,  an arc length of 9.29 feet to the point oftangency of said curve; thence S.22°46'24"W., a distance of 15.57 feet to the point of curvature of a non-tangent curve to the left, ofwhichthe radius point lies S.22°25'09"E., a radial distance of 2, 148.00 feet; thence southwesterly along the arc of said curve, through a central angle of 07°21 '02", an arc length of275.57 feet to the end ofsaid curve; thence N.30°35'48 "W., along a line non-tangent to the last described curve, a distance of 56. 12 feet to the point of curvature of a curve to the right having a
radius of 465.00 feet and a central angle of 1 0°44'57"; thence n01thwesterly along the arc of said curve, an arc length of 87.24 feet to the point oftangency of said curve; thence N. l 9°50'50"W., a distance of
1 09.23 feet; thence N.27°39'53 "E., a distance of 8.77 feet to the POINT OF BEGINNING. Said tract contains 73 ,732 square feet or 1.6927 acres, more or less.

14 

Option Parcel #4:

DESCRIPTION:
A Tract of land lying in Section 17, Township 35 South, Range 19 East, Manatee County, Florida and described as follows:
Commence at the Northwest corner of said Section 17; thence S.89°34'35"E along the North line of said Section 17 a distance of 3900.50 feet; thence S.00°25'25 11 W a distance of 1698.2 1 feet to the POINT OF BEGINNING; thence N.25°25'33 "E., a distance of 10.3 1 feet; thence N.68°22'36 11E., a distance of 222.22 feet; thence S.60°04'23 11 E., a distance of 31 5.06 feet; thence S.08° 12'3 7 11 E., a distance of 37.77 feet to the point of curvature of a non-tangent curve to the left, of which the radius point lies S.08° 12'3711E., a radial distance of 2, 148.00 feet; thence westerly along the arc of said curve, through a central angle of
05°49'55 1 1,  an arc length of 21 8.64 feet to the end ofsaid curve; thence S.87°40'0411 W., along a line non­ tangent to the last described curve, a distance of 51 .32 feet to the point of curvature of a non-tangent curve to the left, of which the radius point lies S.15°22'33 11E., a radial distance of 2, 1 59.00 feet; thence westerly along the arc of said curve, through a central angle of 04°05' 1711 ,  an arc length of 154.04 feet to the end of said curve; thence N.21 °37'2411 W., along a line non-tangent to the last described curve, a distance of 208.40 feet to the POINT OF BEGINNING.
Said tract contains 79,567 square feet or 1.8266 acres, more or less.

Option Parcel #5 : 
DESCRIPTION:
A Tract of land lying in Section 17, Township 35 South, Range 19 East, Manatee County, Florida and described as follows:
Commence at the No1thwest comer of said Section 17; thence S.89°34'35"E along the North line of said Section 17 a distance of 4569.43 feet; thence S.00°25'25 11W a distance of 1592.26 feet to the POINT OF BEGINNING; thence N.29°55'37"E., a distance of 256.00 feet; thence S.60°04'23 "E., a distance of
207.87 feet to the point of curvature ofa curve to the right having a radius of 281 .00 feet and a central angle of 26° 1 7'30 11 ; thence southeasterly along the arc of said curve, an arc length of 128 .94 feet to the point of compound curvature ofa curve to the right having a radius of 165 .00 feet and a central angle of 24° 15'19 11 ; thence southerly along the arc of said curve, an arc length of 69.85 feet to the point of tangency of said curve; thence S.09°3 l '3 5 "E., a distance of 1 18 .52 feet to the point of curvature ofa non­ tangent curve to the right, ofwhich the radius point lies N.08° 17'5 5 11W., a radial distance of 2,007.00 feet; thence westerly along the arc of said curve, through a central angle of 00°31 '05 11 ,  an arc length of 18 .15 feet to the end ofsaid curve; thence S.33 °09'3211 W., along a line non-tangent to the last described curve, a distance of 14.53 feet to the point ofcurvature of a non-tangent curve to the right, of which the radius point lies N.07°30'3711 W., a radial distance of 2,018 .00 feet; thence westerly along the arc of said curve, through a central angle of 07°55'3411 ,  an arc length of 279.17 feet to the point ofreverse curvature ofa curve to the left having a radius of 2, 148.00 feet and a central angle of 0 1 °34'2911 ;  thence westerly along the arc of said curve, a distance of 59.03 feet to the end of said curve; thence N.01 °21 '23 11W., along a line non-tangent to the last described curve, a distance of 136. 88 feet; thence N.60°04'23 11 W., a distance of
92. 12 feet to the POINT OF BEGINNING.
15 

Said tract contains 116,964 square feet or 2.685 1 acres, more or less.

Off-Site Wetland Easement 2 (Lakewood Centre Nmih 1 Condominium): DESCRIPTION (prepared by ce1iifying surveyor):
A tract of land lying in Section 17, Township 35 South, Range 19 East, Manatee County, Florida and being more particularly described as follows:
Commence at the northwest corner of said Section 17; thence S.89°34'35"E. along the nmih line of said Section 17, a distance of 1,698.28 feet; thence S.00°25'25 "W., a distance of 2,590.92 feet; thence

S.13°59'25 "W., a distance of 227.2 1 feet to the POINT OF BEGINNING; thence S.8 1 °07'56"E., a distance of 70.77 feet; thence S.17°03'42 "W., a distance of 50.22 feet; thence N.88° l l '26"E., a distance  of 31. 70 feet; thence S.20°40'50"E., a distance of 25.20 feet to the point of curvature ofa curve to the  right having a radius of 30.00 feet and a central angle of 56°41 'l 5 "; thence southerly along the arc of said curve, a distance of 29.68 feet to the point oftangency of said curve; thence S.36°00'25 "W., a distance of 63 .79 feet to the point ofcurvature of a curve to the right having a radius of 30.00 feet and a central angle of 25°47'52"; thence southwesterly along the arc of said curve, a distance of 13.5 1 feet to the point of tangency of said curve; thence S.6 1 °48' 17"W., a distance of 61.15 feet to the point ofcurvature of a curve to the right having a radius of 30.00 feet and a central angle of 40°47'26"; thence westerly along the arc of said curve, a distance of 21 .36 feet to the point oftangency of said curve; thence N.12°35'43 "E., a  distance of 30 .00 feet; thence N.64°05' 14"W., a distance of 54.65 feet; thence N.17°37'47"W., a distance of 62.32 feet; thence N. 16°20'28 "E., a distance of 46.68 feet; thence N.42°53'32"E., a distance of 51 .81 feet; thence N.8 1 °24'05 "E., a distance of 43 .82 feet to the POINT OF BEGINNING.
Said tract contains 25,979 square feet or 0.5964 acres, more or less.
Drainage Easement and Wetland Parcel: (Lakewood Centre Nmih 1 Condominium): DESCRIPTION (prepared by ce1iifying surveyor):
A tract of land lying in Section 17, Township 35 South, Range 19 East, Manatee County, Florida and being more particularly described as follows:
BEGIN at the nmihwest corner of Unit 10, Lakewood Centre Nmih I Condominium, Third Amendment, a Land Condominium recorded in Condominium Book 40, Page 49 ofthe Public Records of Manatee County, Florida, said point being the point of curvature ofa curve to the left, ofwhich the radius point lies N. 74° 17'54"W., a radial distance of 50.00 feet; thence nmiherly along the arc of said curve, through a central angle of 24°22'59", a distance of 21 .28 feet; thence N.08°40'53 "W., a distance of 138.72 feet; thence N. l 7°08'05"W., a distance of 47.18 feet; thence N.32°58'12"E., a distance of 28 .76 feet; thence S.61 °43'12"E., a distance of 61 .92 feet; thence S.72°36'32"E., a distance of 28.46 feet; thence
S.63°27' l 9"E., a distance of 49.73 feet to the point ofcurvature of a non-tangent curve to the left, having  a radius of 246 .00 feet and a central angle of 35°25'07"; thence southeasterly along the arc of said curve, a distance of 152.07 feet, said curve having a chord bearing and distance of S.44° l 1 '29"E., 149.66 feet to the point ofcompound curvature ofa curve to the left having a radius of 303.00 feet and a central angle of
16 

06° 11 '53 "; thence southeasterly along the arc of said curve, a distance of 32. 78 feet to the n01therly line of a Lake Tract, as shown on said Condominium Plat ofLakewood Centre N01th I Condominium, Third Amendment, a Land Condominium, also being the end of said curve; the following fourteen (14) calls are along said n01therly line: (1) thence S.21 °54'04"W. along a line non-tangent to said curve, a distance of
18.5 1 feet; (2)  thence S.44°05'43 "E., a distance of 42.07 feet to the point of curvature of a curve to the right having a radius of 30.00 feet and a central angle of 1 6°50'27"; (3) thence southeasterly along the arc of said curve, a distance of 8.82 feet to the point oftangency of said curve; (4) thence S.27° 15' 16"E., a distance of 30.57 feet to the point of curvature of a curve to the right having a radius of 30.00 feet and a central angle of 35°47'49"; (5) thence southerly along the arc of said curve, a distance of 18.74 feet to the point oftangency ofsaid curve; (6) thence S.08°32'33 "W., a distance of 69.26 feet to the point of curvature of a curve to the right having a radius of 30.00 feet and a central angle of 37°06'30"; (7) thence southwesterly along the arc of said curve, a distance of 19.43 feet to the point oftangency of said curve;
(8) thence S.45°39'02"W., a distance of 45.62 feet to the point of curvature of a curve to the right having a radius of 30.00 feet and a central angle of 60°52'4 l "; (9) thence westerly along the arc of said curve, a distance of 31. 88 feet to the point oftangency ofsaid curve; (10) thence N.73°28' 17"W., a distance of
87. 84 feet to the point ofcurvature ofa curve to the right having a radius of 3 0. 00 feet and a central angle of 38° 13'00"; (11 ) thence notthwesterly along the arc of said curve, a distance of20.01 feet to the point of tangency of said curve; (12) thence N.35° 15'17"W., a distance of 102.92 feet to the point of curvature ofa curve to the right having a radius of 30.00 feet and a central angle of 91 °57'07"; (13) thence northerly along the arc ofsaid curve, a distance of 48. 15 feet to the end of said curve; (14) thence N. 74°00'03 "W., a distance of 56.3 1 feet to the POINT OF BEGINNING.
Said tract contains 70,793 square feet or 1.6252 acres, more or less.

Lakewood Ranch Boulevard Vacant Land-North of Rangeland:
A tract of land lying in Section 17, Township 35 South, Range 19 East, Manatee County, Florida and described as follows:
Commence at the no1thwest corner of said Section 17, also being the n01theast corner of Section 18, Township 35 South, Range 19 East; thence N.88°45'3 l "W., along the north line of said Section 1 8, a distance of 21 .43 feet its intersection with the westerly right-of-way line of Lakewood Ranch Boulevard (fonnerly Upper Manatee River Road, 120.00 foot wide Public right-of-way) as recorded in Official Records Book 1429, Page 3703, Public Records of Manatee County, Florida; thence along said westerly right-of-way line for the following two (2) calls; (1) thence S.02° 1 8'37"E., a distance of 1,728.76 feet to the point ofcurvature of a curve to the left having a radius of 2, 190.00 feet and a central angle of
16°21 '06"; (2) thence southerly along the arc of said curve, a distance of 625 .00 feet to the POINT OF BEGINNING, said point being on the southerly line of a parcel owned by Manatee County as recorded in Official Records Book 1528, Page 7481, said Public Records; thence along said southerly and easterly parcel line for the following eight (8) calls; (1) thence N.71 °20'18"E., a distance of 99.75 feet; (2) thence N.44°46'06"E., a distance of 62. 72 feet; (3) thence N.68°22'34"E., a distance of 90.03 feet; (4) thence N.73° 1 6'50"E., a distance of 97.44 feet; (5) thence N.52°09'53 "E., a distance of 134. 13 feet; (6) thence
9°57' 1 l "E., a distance of 95. 64 feet; (7) thence N.34°05'10"E., a distance of 133 .30 feet; (8) thence N.06°26'57"W., a distance of 92.56 feet to the southeasterly corner ofthe Creekside Ranch Apaitments as recorded in Official Records Book 2487, Page 5301, said Public Records; thence along the easterly line of said Creekside Ranch Apartments forthe following ten (10) calls; (1) thence N.68°45'42"E., a distance of
6.80 feet; (2) thence N.33 °32' 1 8"E., a distance of 46.35 feet; (3) thence N.26° 17'20"W., a distance of
42.30 feet; (4) thence N.08°46'32"E., a distance of 95.28 feet; (5) thence N.66°01 '26"E., a distance of
17 

64.70 feet; (6) thence N.81 ° 12'5 1 "E., a distance of 1 53.26 feet; (7) thence S.5 1 °42' 14"E., a distance of
44.69 feet; (8) thence S. 62°25'49"E., a distance of 21 .42 feet; (9) thence S.57°20'56"E., a distance of
34.23 feet; (10) thence N. 77° l l '42"E., a distance of 21 .75 feet; thence S.26°23' 14"W., a distance of
748.07 feet; thence S.27°57'50"E., a distance of 804.20 feet; thence S. l 8°24' 16"E., a distance of 121 .90 feet; thence S.14°39'13 "E., a distance of 80.49 feet; thence S.09°03'36"W., a distance of 67.44 feet; thence S.17° l 5'26"W., a distance of 133 . 82 feet; thence S. 15°44'56"W., a distance of 78. 19 feet; thence
S.1 1 °56'56"W., a distance of 75.88 feet to the point ofcurvature of a non-tangent curve to the left, having a radius of 1,748.00 feet and a central angle of 02° 13'12", said point being on an additional right-of-way parcel for the above mentioned Lakewood Ranch Boulevard as recorded in Official Records Book 2489, Page 7386, said Public Records; thence along said additional right-of-way parcel for the following two (2) calls; ( 1) thence n01ihwesterly along the arc of said curve, a distance of 67. 73 feet, said curve having a chord bearing and distance ofN.35 °38'44"W., 67.72 feet, to the end of said curve; (2) thence
S.53 °48'55"W., a distance of 13 .02 feet to the point ofcurvature of a non-tangent curve to the left, having a radius of 1,81 0.00 feet and a central angle of 09°53'47", said point also being on the above mentioned easterly right-of-way line for Lakewood Ranch Boulevard; thence along said easterly right-of-way l ine for the following three (3) calls; (1) thence northwesterly along the arc of said curve, a distance of 312. 63 feet, said curve having a chord bearing and distance ofN.41 °07'58"W., 312.24 feet, to the point of tangency of said curve; (2) thence N.46°04'5 l "W., a distance of 131.67 feet to the point of curvature of a curve to the right having a radius of 2, 190.00 feet and a central angle of27°25'08 "; (3) thence northwesterly along the arc of said curve, a distance of 1,048.03 feet to the POINT OF BEGINNING.
Said tract containing 771 ,325 square feet or 17.7072 acres, more or less.

Property South of Rangeland Parkway:
DESCRIPTION (prepared by the signing Surveyor and Mapper):
A tract of land lying in Sections 16 and 17, Township 35 South, Range 19 East, Manatee County, Florida and described as follows:
Commence at the southwest corner of Section 1 7, Township 35 South, Range 19 East, Manatee County, Florida; thence N.00°34'52"E. along the west line ofsaid Section 17, a distance of 352.20 feet to a point on the n01iherly line of State Road 70 (200-foot wide Public Right-Of-Way); the following three (3) calls are along said northerly right-of-way line of State Road 70; 1) thence S.70°25' 14"E., a distance of 442.21 feet to the point of curvature of a curve to the left having a radius of 1,84 1 .86 feet and a central angle of 1 8°21 '30"; 2) thence easterly along the arc of said curve, an arc length of 590.16 feet to the point of tangency of said curve; 3) thence S.88°46'44"E., a distance of 410.00 feet to the POINT OF BEGINNING. said point being a point on the easterly right-of-way line of Lakewood Ranch Boulevard (120-foot wide Public Right-Of-Way), recorded in Official Record Book 1429, Page 3703 ofthe Public Records of Manatee County, Florida; the following two (2) calls are along said easterly right-of-way line of Lakewood Ranch Boulevard; 1) thence N.0 1 ° 13'1 6"E., a distance of 561 .97 feet to the point of curvature of a curve to the left having a radius of 1,810.00 feet and a central angle of 21 °21 '39"; 2) thence N01iherly along the arc of said curve, a distance of 674.80 feet to the end of said curve, being a point on the southerly right-of-way of Rangeland Parkway as recorded in Official Records Book 21 83, Page 75 18 of said Public Records; the following nine (9) calls are along the southerly right-of-way line of said Rangeland Parkway; 1) thence N.69°51 '38 "E., along a line non-tangent with the previously described curve, a distance of 17 .00 feet; 2) thence N.23°28'34"E., a distance of 39.84 feet; 3) thence
N.66°57'40"E., a distance of 84 1 .44 feet to the point ofcurvature of a curve to the left having a radius of
18 

2, 148.00 feet and a central angle of 33° 10'29"; 4) thence No1iheasterly along the arc ofsaid curve, a distance of 1 ,243 .71 feet to the point ofreverse curvature ofa curve to the right having a radius of 2,01 8.00 feet and a central angle of 56°37'47"; 5) thence Northeasterly along the arc of said curve, a
distance of 1,994.54 feet to the point of reverse curvature ofa curve to the left having a radius of 2, 148.00 feet and a central angle of 23° 18' 1 O"; 6) thence Easterly along the arc ofsaid curve, a distance of 873 .62 feet to the end ofsaid curve; 7) thence N.78°03'20"E., along a line non-tangent with the previously described curve, a distance of 1 03 .38 feet to the point ofcurvature ofa non-tangent curve to the left, having a radius of 2, 170.00 feet and a central angle of O 1 °25' 11 "; 8) thence Northeasterly along the arc of said curve, a distance of 53 .77 feet, said curve having a chord bearing and distance ofN.63°43 '20"E.,
53.77 feet, to the point oftangency ofsaid curve; 9) thence N.63°00'45 "E., a distance of 100.00 feet to a point on the westerly right-of-way of White Eagle Boulevard as recorded in Official Records Book 21 83, Page 75 18 ofsaid Public Records, said point being the point ofcurvature ofa curve to the right having a radius of 50.00 feet and a central angle of 90°00'00"; the following four (4) calls are along the westerly right-of-way line of said White Eagle Boulevard; 1) thence Easterly along the arc of said curve, a distance of 78.54 feet to the point oftangency of said curve; 2) thence S.26°59'15 "E., a distance of 769.47 feet to the point ofcurvature ofa curve to the right having a radius of 2, 800.00 feet and a central angle of
27° 15'57"; 3) thence Southerly along the arc of said curve, a distance of 1,332.47 feet to the point of tangency of said curve; 4) thence S.00° 16'42"W., a distance of 626.55 feet to a point on the northerly line of Diocese of Venice lands as recorded in Official Records Book 145 1, Page 964 in said Public C Records; the following two (2) calls are along the no1iherly and westerly line of said Diocese of Venice
lands; 1) thence N.90°00'00"W., a distance of 650.58 feet; 2) thence S.02°25'12"W., a distance of 1,002. 11 feet to a point on the above-mentioned northerly right-of-way line of State Road 70; the following two (2) calls are along said n01iherly right-of-way line of State Road 70; 1) thence
N.89°43 '1 8"W., a distance of 509. 18 feet; 2) thence N.88°46'44"W., a distance of 1,710.36 feet to a point on the easterly line of a State of Florida Department of Transp01iation parcel described in Official Records Book 1915, Page 5768 in said Public Records; the following fomieen (1 4) calls are along the easterly, northerly, and westerly lines of said State of Florida Depmiment of Transportation parcel; 1) thence N.1 1 °23' 1 6"E., a distance of 225.76 feet; 2) thence N.23° 1 0'45 "W., a distance of 266. 14 feet; 3)
thence S.41 °30' 14"W., a distance of 22.48 feet; 4) thence S.64°59'43 "W., a distance of 45. 13 feet; 5) thence S.74°34'40"W., a distance of 36.76 feet; 6) thence S.55°49'01 "W., a distance of 60.76 feet; 7) thence N.76°37'32"W., a distance of 70.20 feet; 8) thence N.34°39'22"W., a distance of 45.21 feet; 9) thence S.89°47'44"W., a distance of 92.75 feet; 10) thence S.03°51 '54"W., a distance of 78.82 feet; 1 1 ) thence S.12°26'27"W., a distance of 82.84 feet; 12) thence S.3 1 °37'36"W., a distance of 129.59 feet; 13) thence S.29°06'23 "W., a distance of 115.80 feet; 14) thence S.01 ° 13' 17"W., a distance of 56.75 feet to a point on said no1iherly right-of-way line of State Road 70; thence N.88°46'44"W., along said northerly right-of-way line of State Road 70, a distance of 1,703 .3 1 feet to the POINT OF BEGINNING.
Said tract contains 13 ,070,630 square feet or 300.0604 acres, more or less. LESS AND EXCEPT:
Green at Lakewood Ranch, as recorded in Plat Book 62, Page 140 ofthe Public Records of Manatee County, Florida.
Containing 1,909,445 square feet or 43 .8348 acres, more or less. LESS AND EXCEPT:

19 

Roadway for Silver Falls Run and Lift Station Parcel, conveyed to Lakewood Ranch Stewardship District in Special Warranty Deed dated January 8, 20 18 and recorded in Official Record Book 2709, Page 1655 ofthe Public Records of Manatee County, Florida.
Containing 23 1,847 square feet or 5 .3225 acres, more or less.

LESS AND EXCEPT:
Premises conveyed to LWR MOB, LLC by Special Warranty Deed dated March 22, 20 18 and recorded in Official Record Book 2719, Page 7824 ofthe Public Records of Manatee County, Florida.
Containing 217,832 square feet or 5.0007 acres, more or less. LESS AND EXCEPT:
Premises conveyed to BRIDGE HOUSE HOLDINGS, LLC by Special Warranty Deed dated October 25, 20 17 and recorded in Official Record Book 2698, Page 23 16 ofthe Public Records of Manatee County, Florida.
Containing 239,088 square feet or 5.4887 acres, more or less.
Total Area South of Rangeland Parkway = 10,472,418 square feet or 240 .4137 acres, more or less.

PID 579902149:

44th Avenue East Parcel : 

DESCRIPTION (prepared by ce1iifying surveyor):
A tract of land lying within Sections 9 and 10, Township 35 South, Range 19 East, Manatee County, Florida described as follows:
BEGIN at the northeast comer of Esplanade, Phase V, Subphases A, B, C, D, E, & F, recorded in Plat Book 60, Page 63 ofthe Public Records of Manatee County, Florida; the following six (6) calls are along the n01iherly line of said plat: (1 ) thence N.89°49'2 l "W., a distance of 850.11 feet; (2) thence
N.3 1 °38'46"W., a distance of 879.38 feet; (3) thence N. l 6°58'55 "E., a distance of 613.20 feet; (4) thence
N.21 °02'28"W., a distance of 446.80 feet to the point ofcurvature ofa non-tangent curve to the right, having a radius of 2, 940.00 feet and a central angle of 08°08'09"; (5) thence N01ihwesterly along the arc of said curve, a distance of 417.48 feet, said curve having a chord bearing and distance of N.53 °25'26 "W.,
417.13 feet, to the point of tangency of said curve; (6) thence N.49°21'2 l "W., a distance of 55 .50 feet; thence N.40°3 8'41 "E. along the east line of 44th Avenue East (Lakewood Ranch Stewardship District, recorded in Official Records Book 26 18, Page 876 of said Public Records), a distance of 129.28 feet to the south line of lands described in Official Records Book 2376, Page 33 14 of said Public Records; the following three (3) calls are along said south line: (1) thence S.48°44'3 l "E., a distance of 780.01 feet to the point of curvature of a curve to the left having a radius of 2,800.00 feet and a central angle of
20

40°44'29"; (2) thence Easterly along the arc of said curve, a distance of 1,99 1 .00 feet to the point of tangency of said curve; (3) thence S.89°29'00"E., a distance of 462.28 feet to the west right-of-way line of Lo1rnine Road (maintained right-of-way, Road Plat Book 5, Page 190); thence S.00° 16'58"E. along said west right-of-way, a distance of 130.90 feet; thence N.89° 12'13 "W. along the n01ih line of lands   described in Official Records Book 2337, Page 223 1 of said Public Records, a distance of 1,282.42 feet to the east line of said Section 9; thence S.00° 10'40"W. along said east line of Section 9, a distance of
81 0.91 feet to the POINT OF BEGINNING.
Said tract contains 1,823,391 square feet or 41 .8593 acres, more or less.

Rangeland Parkway Parcel:
DESCRIPTION (prepared by ce1iifying surveyor):
A tract of land lying within Section 16, Township 35 South, Range 19 East, Manatee County, Florida described as follows:
BEGIN at the n01iheast comer of Tract 603 of Bridgewater, Phase III at Lakewood Ranch, recorded in Plat Book 58, Page 17 of the Public Records of Manatee County, Florida; the following four (4) calls are
along the n01ih line of said plat of Bridgewater, Phase III at Lakewood Ranch: ( 1) thence N.56°02'09"W., a distance of 149.65 feet to the point ofcurvature of a curve to the left having a radius of 1 ,200.00 feet and a central angle of 28°49'27"; (2) thence Westerly along the arc of said curve, a distance of 603 .69 feet to the point of reverse curvature of a curve to the right having a radius of 1,500.00 feet and a central angle of 35°07'02"; (3) thence Northwesterly along the arc of said curve, a distance of 919.37 feet to the point of reverse curvature of a curve to the left having a radius of 2,01 8.00 feet and a central angle of 22°47'35"; (4) thence No1ihwesterly along the arc of said curve, a distance of 802.79 feet to the end of said curve; thence N. l 7°27'55"E. along the east line of Rangeland Parkway (130-foot wide right-of-way, recorded in Official Records Book 25 12, Page 1351 of said Public Records), a distance of 13 0 .00 feet to the southerly line of Esplanade, Phase III, Subphases A, B, C, D, J & Portion of F, recorded in Plat Book 56, Page 148 of said Public Records, also being the point of curvature ofa non-tangent curve to the right, having a radius of 2, 148.00 feet and a central angle of 19°48'1 8"; the following four (4) calls are along the southerly line of said plat of Esplanade, Phase III and the southerly and east lines of Esplanade, Phase V, Subphases A, B, C, D, E & F, recorded in Plat Book 60, Page 63 of said Public Records: (1) thence Southeasterly along the arc of said curve, a distance of 742.48 feet, said curve having a chord bearing and distance of S.62°38'00"E., 73 8.79 feet, to the point of reverse curvature of a curve to the left having a radius of 2,0 1 8.00 feet and a central angle of 29°47'3 611 ;   (2) thence Easterly along the arc of said curve, a distance of 1,049.34 feet to the point of reverse curvature of a curve to the right having a radius of 2,148.00 feet and a central angle of 21 °41 '45 "; (3) thence Easterly along the arc ofsaid curve, a distance of 813 .37 feet to the end ofsaid curve; (4) thence N.00° 1 l '36"E., a distance of 440.48 feet; thence S.89°26'33 "E. along the south line of lands described in Official Records Book 2530, Page 6770 of said Public Records, a distance of 60 1 .98 feet; the following two (2) calls are along the west line of lands described in Official Records Book 2376, Page 135 of said Public Records and west line and south line of lands described in Official Records Book 2426, Page 1 19 of said Public Records: (1) thence
S.00°02'27"W., a distance of 660.43 feet; (2) thence S.89°28'40"E., a distance of 702.84 feet to the west
right-of-way line of Lorraine Road; thence S.00°06'38"E. along said west right-of-way line, a distance of
659.98 feet to the n01ih line of lands described in Official Records Book 846, Page 623 ofsaid Public Records and Lorraine Farms, Unit 1, recorded in Plat Book 6, Page 39 ofsaid Public Records; thence N.89°3 l '12"W. along said north line, a distance of 1 ,310.23 feet to the east line of Palisades, Phase I,
21 

recorded in Plat Book 63, Page 105 of said Public Records; thence N.00° 12'01 "E. along said east line of Palisades, Phase I and the east line of lands described in Official Records Book 2719, Page 3632 of said Public Records, a distance of 61 5.08 feet to the point of curvature ofa non-tangent curve to the right, having a radius of 1,500.00 feet and a central angle of 08°48'36"; thence Northwesterly along the north line of said lands described in Official Records Book 2719, Page 3632 and along the arc of said curve, a distance of 230.65 feet, said curve having a chord bearing and distance ofN.60°35'00"W., 230.42 feet, to the POINT OF BEGINNING.
Said tract contains 1,677,3 87 square feet or 38 .5075 acres, more or less.

Silver Palm Boulevard Parcel : 
DESCRIPTION (prepared by certifying surveyor):
A tract of land lying within the Southeast 1/4 of Section 16, Township 35 South, Range 19 East, Manatee County, Florida described as follows:
BEGIN at the southeast comer of Silver Palm Boulevard (120-foot public right-of-way), recorded in Official Records Book 2605, Page 3303 ofthe Public Records of Manatee County, Florida; the following two (2) calls are along the easterly line of said Silver Palm Boulevard: (1) thence N.00° l 7'52"E., a distance of 148 .96 feet to the point ofcurvature of a curve to the right having a radius of 245 .00 feet and a central angle of 11 °42'3 l "; (2) thence Northerly along the arc of said curve, a distance of 50.07 feet to the end ofsaid curve, also being the southwest comer of Lift Station Parcel recorded in Official Records Book 2605, Page 3303 of said Public Records; the following six (6) calls are along the south, east and north lines of said Lift Station Parcel: (1) thence S.69°22'50"E., a distance of 45 .18 feet; (2) thence
N.20°37'1 0"E., a distance of 63 .72 feet; (3) thence N.56°30'57"W., a distance of 6.62 feet; (4) thence N.42° 13 '48"W., a distance of 11 .36 feet; (5) thence N.35°47'1 1 "E., a distance of 3.07 feet; (6) thence N.69°22'50"W., a distance of 29.42 feet to a point on the easterly line of said Silver Palm Boulevard, also being the point of curvature ofa non-tangent curve to the right, having a radius of 245 .00 feet and a central angle of 06°33'5 l "; the following two (2) calls are along said easterly line: (1) thence N01iheasterly along the arc of said curve, a distance of 28.07 feet, said curve having a chord bearing and distance ofN.32°30'16"E., 28.05 feet, to the point oftangency of said curve; (2) thence N.35°47' 1 l "E., a distance of 65 .98 feet to a point on the south line of Palisades, Phase I, recorded in Plat Book 63, Page 105 of said Public Records; the following sixteen (16) calls are along said southerly line: (1) thence S.57°45'50"E., a distance of 63.52 feet; (2) thence S.44°22'37"E., a distance of 37.4 1 feet; (3) thence S.70° 13'03 "E., a distance of 125 .73 feet; (4) thence S.86°20'59"E., a distance of 114.77 feet; (5) thence
S.80°07'35"E., a distance of 125 .89 feet; (6) thence S.54°40'46"E., a distance of 43 .76 feet; (7) thence S.87°46'50"E., a distance of 1 43.79 feet; (8) thence N.30°42'32"W., a distance of 167.43 feet; (9) thence N.09° 1 l '42"W., a distance of 59.54 feet; (10) thence N.44°4 l '07"W., a distance of 36.87 feet; (1 1) thence N.14°06'47"E., a distance of 41.30 feet; (12) thence N.56° 13'52"E., a distance of 79. 15 feet; (13) thence N.34° 17'3 l "E., a distance of 39. 14 feet; (1 4) thence N. l 9°07'05 "W., a distance of 29.21 feet; (15) thence N.89°55'57"E., a distance of 102.43 feet; (16) thence N.38°55'54"E., a distance of 26.5 1 feet to the westerly line of Florida Department of Transp011ation Parcel 100-B recorded in Official Records Book 1915, Page 5768 ofsaid Public Records; the following five (5) calls are along said westerly line: (1) thence S.69°04'06 "E., a distance of 191.91 feet; (2) thence S.40°5 l '34"E., a distance of 174.58 feet; (3) thence S.01 °07'37"W., a distance of 127.77 feet; (4) thence S.84°3 l '23 "W., a distance of 24 1. 82 feet; (5) thence S.04°25'00"W., a distance of 23 1 .83 feet to the n01ih right-of-way line of State Road 70 (200-foot­ wide public right-of-way as shown on Florida Depaiiment of Transp011ation Right-of-Way Map Section
22

No. 131 60-2503); the following two calls are along said north right-of-way line: (1) thence N.89°20'08"W., a distance of 482.99 feet; (2) thence N.89°42'08"W., a distance of 337.69 feet to the POINT OF BEGINNING.
Said tract contains 328,076 square feet or 7.53 16 acres, more or less.

White Eagle Boulevard Parcel:
DESCRIPTION (prepared by certifying surveyor):
A tract of land lying within Section 1 6, Township 35 South, Range 19 East, Manatee County, Florida described as follows:
BEGIN at the southeast comer of White Eagle Boulevard (130-foot wide public right-of-way, recorded in Official Records Book 2197, Page 5612 ofthe Public Records of Manatee County, Florida), said point being the point ofcurvature of a curve to the right having a radius of 50.00 and a central angle of
90°00'00"; the following two (2) calls are along the east right-of-way line of said White Eagle Boulevard:

(1) thence Northwesterly along the arc of said curve, a distance of 78.54 feet, said curve having a chord bearing and distance ofN.44°43 '18"W., 70.71 feet; (2) thence N.00° l 6'42"E., a distance of 220.10 feet to the southwest comer ofthe lands described in Official Records Book 2719, Page 5632 of said Public Records; the following two (2) calls are along the south line ofsaid Lands: (1) thence S.89°43 '18"E., a distance of 168.54 feet; (2) thence N.64°03'55"E., a distance of 34.39 feet to the northwest corner of Florida Department of Transportation Parcel 100-C recorded in Official Records Book 1915, Page 5768 of said Public Records; thence S.00°00'00"E. along the west line ofsaid Florida Department of Transportation Parcel 100-C, a distance of 285 .29 feet to the north right-of-way line of State Road 70 (200-foot-wide public right-of-way as shown on Florida Department of Transportation Right-of-Way Map Section No. 13160-2503); thence N.89°43 '1 8"W. along said north right-of-way line, a distance of
150.77 feet to the POINT OF BEGINNING.
Said tract contains 53,750 square feet or 1 .2339 acres, more or less.

23

I1"1,'
!  i

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Matters Relative to the Isles at Lakewood Ranch Bond Issuance

(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Resolution 201 9- 1 8
(pro vided under separa te cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Other Matters
(pro vided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Matters Relative to the Stock -
Lake Club Phase 4 Bond Issuance
(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Acquisition Agreement with SD TLC Holdings LLC

(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Resolution 20 1 9- 1 9
(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Draw Requests

(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Compilation Report

Lakewood Ranch Stewardship District
Statements of Assets, Liabilities and Fund B alances - Cash B asis November 30, 2018 
Current Month	Prior Month	Variance

Current Assets
Cash-Operating Account

ASSETS

Due from Land Owner	31 5,899	227,563		88,336	
Utilities Deposits	700	700		0	
Total Assets	$	61 3,682	$	230,502		383 ,1 80	

$	297,083	$	2,239	294,844

LIABILITIES AND FUND BALANCES

Accounts Payable	$	595,964	$	212,787		383, 177	
Total Current Liabilities	595,964	212,787		383, 177	
Fund Balance					
Retained Earnings - Prior Year	17,718 	17,715 			3	
Surplus (Deficit) for the Period	0	0			0	
Total Fund Balance	17,718 	17,715			3	
Total Liabilities & Fund B alance	$	61 3,682	$	23 0,502			383,180	

Current Liabilities

No assurance is provided on these financial statements.	Page 1 of 6

Lakewood Ranch Stewardship District
Statements of Revenues, Expenditures and Fund Balances - Cash B asis For the Two Months Ended November 30, 2018 
Full Year	Current	Current	Current	Y-T-D	Y-T-D	Y-T-D
Budget		Actual	Budget	Variance	Actual	Budget	Variance SOURCES OF FUNDS

228,975   Assessments - NE	$	18,635	$	19,08 1	(446)     $	19,152    $	38,163	(19,011) 
1,365,274 Assessments - Northwest	150,523	113,773	36,750	153,367	227,546
1,169,047  Assessments - Southeast	105,691	97,421	8,270	109,902	194,841
286,010 Assessments - Sarasota	11,857	23,834	(11,977)	1 1,857	47,668	(35,811)
1,125,3 11 Landowner Contributions	88,335	93,776	(5,441)	150,738	187,552	(36,8 14)
183,267 Land Owner Contribution - NE	0	15,272	(15,272)	100,000	30,545	69,455
48,376   Land Owner Contributions - NW	100,000	4,031	95,969	220,000	8,063	21 1,937
85,928  Land Owner Contributions - SE	0	7, 161	(7, 161)	0	14,321	(14,321)
513,475   Land Owner Contribution-SRO	100,000	42,790	57,210	150,000	85,579	64,42 1
 	 	 	 	 	 	
5,005,663     Total - Sources of Funds	575,041	417,139	157,902	915,016	834,278	80,738

8,000
15,000
70,000
30,000
100,000
32,000
139,000
17,000
100,000
85,000
1,500
1,500
3,810 
500

603,3 10 

268,000
254,000
2,367,293
653,941
556,846
182,300
6,773
113,200

4,402,353

5,005,663
0

USES OF FUNDS
GENERALAND ADMINISTRATIVE
Insurance	0	667	667	7,500	1,333	(6,167)
Meeting Advertising	1,660	1,250	(410)	1,660	2,500	840
Engineering	5,694	5,833	139	8,694	11,667	2,973
Bond Agent Fees	0	2,500	2,500	0	5,000	5,000

5,333

Legal Fees	4,578	8,333	3,755	8,621	16,667	8,046
Accounting	2,765	2,667	(98)	2,765	2,568
Lien Book and Tax Roll	0	11,583	11,583	10,500	23,167	12,667
Annual Audit	5,000	1,417	(3,583)	5,000	2,833	(2,167)
Trustee	8,050	8,333	283	8,050	16,667	8,617
Manager	16,260	7,083	(9,177)	23,497	14,167	(9,330)
Postage	0	125	125	0	250	250
Office Supplies	0	125	125	0	250	250
Other Current Charges	0	318	318	0	635
Dues. Licenses & Subscritions	0	42	42	175	(92)

25,000
77,969
167,126
122,470
77,725
49,356
4,341
7,043

22,333
21,167
197,278
54,494
46,404
15, 191 
564

(2,667)
(56,802)
30,152
(67,976)
(31,321)
(34,165)
(3,777)
2,391

62,091
93,422
357,824
143,743
115,516
49,356
8,3 11 
8,291

44,667
42,333
394,548
108,991
92,808
30,384
1,129 
18,866

(17,424)
(5 1,089)
36,724
(34,752)
(22,708)
(18,972)
(7,182)
10,575

53 1,030

366,865

(164,165)

838,554

733,726

(104,828)

575,037
4 $

417,141
(2)

(157,896)
6 $

915,016
0 $

834,278
0

(80,738)

0

9,434

Total General & Administrative	44,007	50,276	6,269	76,462	100,552	24,090

MAINTENANCE
Maintenance Management Fee General & Park Maintenance Contracted Landscape & Irrigation Non-Contracted Landscape & Irrig Irrigation for Master Landscaping Environmental
Utilities
Other Maintenance

Total - Maintenance

Total Uses ofFunds
Surplus (Deficit) for the Period	$

No assurance is provided on these financial statements.

Page 2 of 6

Lakewood Ranch Stewardship District
Statements of Revenues, Expenditures, and Fund Balances - Cash Basis
NORTHEAST SECTOR
For the Two Months Ended November 30, 20 18 
Full Year	Current	Current	Current	Y-T-D	Y-T-D	Y-T-D
Budget	Actual	Budget	Varinnee	Actual	Budget	Variance

MASTER LANDSCAPING & IRRIGATION REPAIRS CONTRACTS

17,032	59th Ave-Lorraine to Post Blvd	628	1,419		1,256	2,839	1,583	
5,830	NE SR70 & Lorraine Rd lntersec	0	486	486	0	972	972	
62,000	Uihlein Road	3,171	5, 167	1,996	5,883	10,333	4,450	
1,200	Lakebank and Swale Mowing	200	JOO	(100)	200	200	0	
92,000	Lorraine Comers	7,665	7,667	2	15,330	15,333	3	
60,000	Future Roads	0	5,000	5,000	0	10,000	10,000	
262,802  Total	13,802	21,901	8,099		26,945		43,800		16,855	
NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS	
15,000	Irrigation Repairs - NE	378	1,250	872	3,958	2,500	(1,458)	
10,000	Plant Replacement - NE	12,115		(1 1,282)	12,365	1,667	(10,698)	
J0,000	Mulching - NE	0	833	833	0	1,667	1,667	
5,500	Tree Trimming	408	458	50	408			
2,000	Other Landscape Maintenance	0	167	167	0	333		
42,500  Total	12,901	3,541	(9,360)		16,73 1		7,084		(9,647)	
IRRIGATION FOR MASTER LANDSCAPING	
8,868	Jrrigation-Mthly. Meter Charge	718 	739	21 	1,437	1,478	41 	
40,000	Irrigation - Utilization - NE	11,746		(8,413)	17,225	6,667	(J0,558)	
48,868  Total	12,464	4,072	(8,392)		18,662		8,145		(J0,517)	
	ENVIRONMENTAL										
16,000	Lake maint.-Jakes outside comm	2,000	1,333	(667)	2,000	2,667	667	
800	Mitigation monitor. & maint-NE	0	67	67	0	133		
1,500	Littoral Shelf Plantings - NE	0	125	125	0	250	250	
12,000	Conservation areas - NE	0	1,000	1,000	0	2,000	2,000	
30,300 Total	2,000		2,525				2,000		5,050		3,050	
	UTILITIES													
100	Manatee Co. Utilities	0	8	8	0	17		
1,273	Peace River Utilities	78	106	28	156	212 	56 	

24,740 Post Blvd & SR70 Intersection	$	2, 138	$	2,062	(76)   $	4,276	$	4,123	(153)

3,333

Total	78	114	36	156	229

12,000	Drainage Maintenance - NE		1,000		1,000		0	1,000		2,000		1,000	
10,000	Sanitary Sewer- NE		300		833			300		1,667		1,367	
3,200	Hardscapes - NE		0		267		267	0				533	
1,200	Miscellaneous Maintenance - NE		0		JOO		JOO	0		200		200	
26,400	Total		l,300		2,200		900	1,300		4,400		3,100	
412,243	TOTAL NORTHEAST SECTO	s	42,545	s			(8,192)	$	65,794	s	68,708		2,914	

OTHER MAINTENANCE

l,373

No assurance is provided on these financial statements.

Page 3 of 6

Lakewood Ranch Stewardship District
Statements of Revenues, Expenditures, and Fund Balances - Cash Basis
NORTHWEST SECTOR
For the Two Months Ended November 30, 201 8

Full Year	Current	Current	Current	Y-T-D	Y-T-D	Y-T-D	
Budget	Actual	Budget	Variance	Actual	Budget	Variance	
MASTER LANDSCAPING & IRRIGATION REPAIRS CONTRACTS
23,694 WhiteEagle - SR70 to Rangeland	$	2,300    $	1,975	(325)   $	4,600     $	3,949	(65 1)
27,093 Rangeland- LWRBlvd to WhiteEag	2,834	2,258	(576)	5,957	4,5 16	{1,441)
37,136 Kent Lake & Lake Bank MainI	6,010	3,095	(2,915)	6,010	6,189
18,120 Malachite Rd from LWRB to Pope	1,466	1,510	44	2,932	3,020	88

(353)

34,089 44th- LWRBlvd To WhiteEagle	3,507	2,841	(666)	7,014	5,681	(1,333)
12,978 Malachite - LWR Blvd to White	1,258	1,082	(176)	2,5 16	2,163
10,296 WhiteEagle -Rangeland to 44th	997	858	(139)	1,995	1,716	(279)
15,450 Lake Bank mowing	1,250	1,288	38	2,500	2,575
9,072  Rangeland-WhiteEagle to Esplan	734	756	22	3,368	1,512	(1,856)
43,436 SR70 & LWR BLVD entrance	3,899	3,620	(279)	7,798	7,239	(559)
81,605 Future Roads	7,326	6,800	(526)	14,653	13,601	{1,052)
47,380 White Eagle/Malachite to 44th	3,436	3,948	512	6,871	7,897	1,026
164,800 White Eagle/44th to Gatewood	13,473	13,733	260	26,947	27,467	520
5,974  Silver Palm Blvd	800	(302)	1,420	996	(424)
53,560  Wood Fem Trail	8,3 18	4,463	(3,855)	8,3 18	8,927	609
51,500 Gatewood Drive	4,04 1	4,292	251	8,082	8,583	501
36,050 44th Ave/White Eagle to Indigo	3,004	3,004	0	6,008	6,008	0

5,333

31,386  44th Avefrom Indigo to Lorr	1,150	2,6 16	1,466	2,300	5,231	2,93 1
32,000  44th Ave from Lorraine to Bour	0	2,667	2,667	0	5,333
10,42 1  Silver Falls	2,783	868	{1,915)	2,783	1,737	{1,046)
86,600   !17th Street	7,217	7,2 17	0	14,835	14,433	{402)
832,640  Total	75,803	69,389	(6,414)	136,907	138,773	1,866
 	 	 	 	 	
NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS
55,000  Irrigation Repairs - NW	10,160	4,583	17,089	9,167	(7,922)
42,000  Plant Replacement- NW	2,139	3,500	1,361	2,139	7,000	4,861
98,000  Mulching - NW	40, 195	8,167	(32,028)	40,195	16,333	(23,862)
76,000  Tree Trimming	22,423	6,333	{16,090)	22,423	12,667	(9,756)

4,000 Other Landscape Maintenance

333	158

667	318

 	 	 	 	 	
275,000   Total	75,092	22,916	(52,176)	82,195	45,834	(36,361)
IRRIGATJON FOR MASTER LANDSCAPING

200,000 Irrigation - Utilization - NW	25,859		16,667		{9,192)		37,921		33,333		{4,588)	
208,610 Total	26,577		17,385		(9,192)		39,358		34,768		{4,590)	
ENVIRONMENTAL
26,000  Lakemaint.-1akes outside comm	4,192		
2,167		
(2,025)		
4, 192		
4,333		
141 	
0	Littoral ShelfPlantings - NW	2,560	0	(2,560)	2,560	0	{2,560)	
40,000	Conservation areas - N\V	8,854		{5,521) 	8,854	6,667	(2,187)	

8,610 Irrigation-Mthly Meter Charge	718	718	0	1,437	1,435	(2)

66,000   Total	15,606	5,500	(10,106)	15,606	1 1,000	{4,606)
UTILITIES
1,200   FPL - NW	13!	JOO	{3 1)	169	200	31 
2,000  Peace River Utilities	1,778	167	{1,611)	333	{3,141) 

592

3,200  Total	1,909	267	{1,642)	3,643

14,000	Drainage Maintenance - NW	1,664	1,167		(497)	1,664	2,333		669	
1,000	Sanitary Sewer - NW	0	83		83	0	167		167	
12,000	Hardscapes - NW	1, 196	1,000		(196)	1,196	2,000		804	
0	Signs - NW	0	0		0	1,248	0		(1,248)	
1,200	Miscellaneous Maintenance - NW	0	100		100	0	200		200	
28,200	Total	2,860	2,350		(510)	4,108	4,700			
1,413,650	TOTAL NORTHWEST SECTOR	$	197,847	$	117,807		(80,040)	$	281,817	$	235,608		(46,209)	

OTHER MAINTENANCE

{3,1 10)

No assurance is provided on these financial statements.

Page 4 of 6

Lakewood Ranch Stewardship District
Statements of Revenues, Expenditures, and Fund Balances - Cash Basis
SARASOTA SECTOR

55,062

$

66,624

11,562   $	!05,396

$

133,247

27,851

739

Full Year Budget	Current
Actual	Current
Budget	Current Variance	Y-T-D
Actual	Y-T-D
Budget	Y-T-D
Variance	
MASTER LANDSCAPING & IRRIGATION REPAIRS CONTRACTS	
216,497	Deer Drive	$	l l,279	$	18,041	6,762	$	23,560	$	36,083	12,523	
172,580	Lorraine Road; University Pkwy	14,042	14,382	340	29,553	28,763	(790)	
15 1,700	LWR Blvd; Comm Blvd to Deer Dr	9,877	12,642	2,765	20,600	25,283	4,683	
41,200	Lorraine Rd;South Boundary	3,427	3,433	6	6,854	6,867	13	
581,977 Total	38,625	48,498	9,873		80,567		96,996		16,429	
NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS	
20,000	Irrigation Repairs - SRQ	51 	1,667	1,616	202	3,333	3,13 I	
15,000	Plant Replacement - SRQ	2,570	1,250	(1,320)	2,970	2,500	(470)	
32,450	Mulching - SRQ	0	2,704	2,704	0	5,408	5,408	
33,991	Tree Trimming	0	2,833	2,833	0	5,665	5,665	
4,000	Other Landscape l\faintenance	0		333	918 	667	(251)	

For the Two Months Ending November 30, 2018

105,441 Total	2,621	8,787		6,166		4,090		17,573		13,483	
 	
IRRIGATION FOR MASTER LANDSCAPING									
8,868	Irrigation-Mthly Meter Charge	718		21	1,437	1,478	41	
60,000	Irrigation - Utilization - SRQ	8,888	5,000	(3,888)	13,033	10,000	(3,033)	
68,868  Total	9,606		5,739		(3,867)		14,470		11,478		(2,992)	
	ENVIRONMENTAL												
10,000	Lake maint.-lakes outside comm	1,900	833	(1,067)	1,900	1,667	(233)	
12,000	Conservation areas - SRQ	0	1,000	1,000	0	2,000	2,000	
22,000  Total	1,900		1,833		(67)		1,900		3,667		1,767	
	UTILITIES												
1,200	FPL - SRQ	2,3 IO	100	(2,210)	4,369	200	(4, 169)	
1,200  Total	2,3 10		JOO		(2,210)		4,369		200		(4,169)	
	OTHER MAINTENANCE												
12,000	Drainage Maintenance - SRQ	0	1,000	1,000	0	2,000	2,000	
6,000	Hardscapes - SRQ	0	500	500	0	1,000	1,000	
2,000	:tv1iscellaneous Maintenance - SR	0	167	167	0	333	333	
20,000  Total	0		l,667		1,667		0		3,333		3,333	
TOTAL SARASOTA SECTOR	$

799,486

No assurance is provided on these financial statements.

Page 5 of 6

Lakewood Ranch Stewardship District
Statements of Revenues, Expenditures, and Fund Balances - Cash Basis
SOUTHEAST SECTOR
For the Two Months Ended November 30, 2018 
Full Year	Current	Current	Current	Y-T-D	Y-T-D	Y-T-D
Budget	Actual	Budget	Variance	Actual	Budget	Variance
MASTER LANDSCAPING & IRRIGATION REPAIRS CONTRACTS
160,000  U Pkwy /Lorraine to Concession	$	8,750    $	13,333	4,583	$	17,500   $	26,667	9,167
196,573 111e Nlasters Ave. Extension	15,904	16,381	477	40,859	32,762	(8,097)
l08,150 Lorraine Rd.- East Side	8,750	9,013	263	17,500	18,025	525
20,173 CDD allocation/UP & Lorraine	(4,609)	1,681	6,290	16,632	3,362	(13,270)
80,000 Boumside Blvd Masters to SR70	0	6,667	6,667	0	13,333	13,333
12,978   Covenant Way	1,050	1,082	32	2,100	2,163	63
112,000 Masters Ave from Players Dr	9,05 1	282	18,814	18,667	(147)

55,000	Irrigation Repairs - SE	6,963		4,583		(2,380)		12,889		9,167		(3,722)	
92,000	Plant Replacement - SE	21,000		7,667				23,110		15,333			
50,000	Mulching - SE	0		4,167		4,167		0		8,333		8,333	
30,000	Tree Trimming	3,893		2,500		(1,393)		3,893		5,000		1,107	
4,000	Other Landscape Maintenance	0		333		333		835		667		(168)	

689,874  Total	38,896	57,490	18,594	113,405	114,979	1,574
NON CONTRACTED LANDSCAPING & IRRIGATION REPAIRS

(13,333)

(7,777)

231,000 Total	31,856	19,250	(12,606)	40,727	38,500	(2,227)

157

10,500	lrrigation-Mthly Meter Charge	718 		875				1,437		1,750		313 	
220,000	Irrigation - Utilization - SE	28,360		18,333		(10,027)		41,589		36,667		(4,922)	

IRRIGATION FOR MASTER LANDSCAPING

4,000	Lake maint.-Jakes outside comm	0		333		333		0		667		667	
60,000	Conservation areas - SE	29,850		5,000		(24,850)		29,850		10,000		(19,850)	

230,500  Total	29,078	19,208	(9,870)	43,026	38,417	(4,609)
ENVIRONMENTAL

64,000  Total	29,850	5,333	(24,517)	29,850	10,667	(19,183)
 	 	 	 	 	
UTILITIES
1,000  FPL - SE	44	83	39	167	24

44		83		39		143		167		24	

0		
167		
167		
0		
333		
333	
1,700		1,667		(33)		1,700				1,633	

1,000 Total
OTHER MAINTENANCE
2,000 Roads and sidewalks - SE 20,000 Drainage Maintenance - SE
5,000  Sanitary Sewer - SE	0	417	417	0	833
10,000  Hardscapes - SE	1,183	833	(350)	1,183	1,667	484
1,200 Miscellaneous Nlaintenance - SE	0	100	l00	0	200	200
400  Telephone-Irrigation, Sewer-SE	0	33	33	0	67
38,600  Total	2,883	3,217	334	2,883	6,433	3,550

1 ,254,974 TOTAL SOUTHEASTSECTOR  $	132,607   $	104,581	(28,026)   $	230,034    $	209,163	(20,871)

No assurance is provided on these financial statements.

Page 6 of 6

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Change Order No. 2 (Final) Woodruff & Sons, Inc.
Lakewood Centre Core Phase 1 B

Relocate fi re hydrant, storm & sewer stakeout, repai r/adj ust curb, sanitary services , and miscellaneous extras; reconcile unbilled line items

Change Order
No. _____,:;;2 ;....,.(-=--F=i n=a=I)
Date of Issuance:   _::.:Jn:::n.:.:u:::a:.:.ryL...:;1 6::.,.:.2:,:0..:..1 9=-------------    Ellecllve Date:		February 11 2019 ProJucl: Lakewood Centre Coro Phase 1B lovmor: LWR Devotopment LLC	Ownoro Conlrocl No.:
Conlrncl: $1 ,649,791.38	Daleof Conlrecl: 03/01/2018
Conlroctor: Woodruff & Sons, Inc.	Engineers Project No.: 21661 3303

The Contract Documonts are modified as follows upon execution of this Change Order: Oescrlpllon:
Relocate fire hydrant, storm & sewer stakeout, repalrfadjust curb, sanl Servlcos, and misc oxtres: end roconcllo unbllled lino ltoms
Allachments: (List documents supporting change):
Woodruff & Sons Proposals dated 12/17/18 and 12119/18

CHANGE IN CONTRACT PRICE:	CHANGE IN CONTRACT TIMES:
Original Contract Price;	Original Contract Times:  D Working days	O Calender days
Substanllal completion (daysor dale):  	
$  1.649.791.38	Ready for final payment (daya or dalo):  	

[Increase) [QeGr�ase) from previously approved Change (Increase] [Decrease] from previously approved Change Orders Orders No.	o	to No.___._____	No.	O	lo No. 	,
Substanllal completion (days): 	_
$    ___:6,;:,8�6/.-"2_..i,,8,i.7_____ 		Ready forfinal payment (days):  	__

Contract Price prior to this Change Order:	Contract Times prior lo !his Change Order:
Subslantlal completion (days or data): 	_
$ 1.666.654.26	Ready for final payment (days or date):  	

[ln6fease) [Docroase] ofthis Change Order:	(Increase] [Decrease] of this Change Order:
Subslanllal completion (days or dote):  	
$     1120,678.44)	Ready for final payment (days or dalo):  	

Contract Price Incorporating this Change Order:	Contract Times with all approved Change Orders:
Subslanllal completion (days ordale): 	_
$ 1.636,076,81	Reedy for final payment (days or dalo): 	_

RECOMMENDED:	ACCEPTED:

By:

Englncct (Aulhorlzod Slgnalure)

By:

Ownor (Aulho�rod Slonoluro)

Dalo:  	

Approved by Funding Agency (Ifappllceblo):

Dalo:  	

Doto: 01-15-2019

Doto:

EJCDC No. C-941 (2002 Edition)
l'rcpnrcd by the Engineers' Join( Con(rncl Documents Commillcc nncl cndor&cd by the Assuclntcd Gcncrnl Conlrnclol'S of /\111crltn nud the Conslructlon Spcclne11tlons lns!Hurr.

Pngo J of J

	 llr .opo�a l	
Ol'PICIALUS O L
Joh No:	2694
D Control No:	 	12/14/2018
LOIi Onto:
□ Invoice No:	 	
Clionae OrderNo:	
To:	LWR Developmenl LLC
Addrm:	Contlol:	Miko Blakrlok
1'o1 No:
Bmnll:		
Project Name:	Lakewood Centre Col'e Phase 1 B
Project LooRtlon:	SR 70 & White Eagle Blvd, Lakewood Ranch, FL	Bid No:
Bid Dote: Tuesday, November 14, 20 17 	

Woodruff& Sons, Inc.
6450 - 31st Street East, Bradenton Florida 34203 (physical)

~

P.O. Box 10127, Bradenton Florida 34282-0127 (mailing) Tel ff 941.756.1871	Fax ti 941 .755.1379 www.woodrlfffirn dsons.com

Item #	Item Dcsorlptlon:
This Is Ii Change Order Request
I.	P003 • Relocate Fire Hyd

 I -LS	

Unll Prlco	Total Pt·lce

$2,370.3 1	$2,370.31

--- P004 - Addltlonnl Storm & Sower stakeout	 	1 -LS	 	$1 ,250.00	$1 ,250.00

 	  POOS - Repair/Adjust Curb grade to elhnlnate low spots In roundabout P006 - March 2018 - Sani Service	
 	   P007 - October 20I 8 - Misc Extras	

1-LS

 	$9,600.14 	$9,600.14
$6,781 .00	$6,781.00
 	$11 ,289.99 	$1 I ,289.99

---  	

Notes:

Total Ptlce for above Items:

-$--3---1 ,2-9 l ,4-4

TotnI Bld Prlco:

-$--3----1 ,2-91 .4-4

Payment Tonna:	Poymcnt duo within 30 days ofdeto oflnvoloa, rogordless ofwhen payment Is modo by Ownot'.
ACCBPTBD:	OONl11RMBD:
Tho nbovo prices, 1poolflcMlona nnd candlllons arc aatlsfaotoryand horobyaccepted,

Buyor: 	__ 	

Woodruff & Sons, Inc.

Slgnnturo:
Mnll4111ft1t;
Dalo ofAoooptanoo: __ 	_ 	

Aulhorliod Sfanoturo:

BsUmRtor:

ll/17/1011	1>11111 lo•d111 111011	,,,, lofI

To:	'   WO'ODRUIF L'SOYS	Woodruff & Sons, Inc.
c.�-\}1�	6450 - 31st Street East, Brndenton Florida 34203 (physical)
.,_,OU;Mlf fflJ, 1'"°"'1rt,	P.O. Box 10127, Bradenton Florida 34282-0127 (mailing)
a.u.o,u,,w,.�
Tel # 941 .756. 1871 ~ Fax tJ941.755.1 379
www.woodrujfandsom.com		l) rop .o n a l	
			OFFICIAL USE ONLY
0   JobNo:	�2�6_94 	__ 	
0   CLoogntDroQlINO:o:	..::.F-=C-=O:.;R'------
0	 	
0 InvoiceNo:
0 Ch•nac OrderNo:	
Address:

Project Nome:	Lakewood Centre Core Phase l B		Tel No: Email:
Bid No:	Mike Blackrick

mlke.blackrlck@!akewoodranch.com	
Project Locution:	SR 70 & White Eagle Blvd. Lakewood Ranch, FL	Bid Date: Tuesday, November 14, 20 17	
llem #	Jtem Description:	Unit Price	Total Price
 	   Final Change Order	    		 	

I.	 	Reconcile unbilled line items	  ---1 .-00   LS	($ 151,869.88)

 	($ 151 ,869.88) 

Notes:

Total Price for above Items:
Total Bid Price:

     ($ 151 ,869.88) 
     ($ 151 ,869.88) 

Donnld P. Woodl'uff, Pl'csldc

ll11irnolor:	MattAnderson (matta@woodruffendsons. m)

Aull1orlzcd Slgn11uro:

SlgnRturo:  	
Prlftlcdllunt:

Dalo ofAcceptance: 	_ 	___

Payment Terms:	Poymenl due within 30 days ofdnte ofinvoice, regardless of when payment is made by Owner.

ACCBPT.BD:
'fho above prlccJ, 1pccificotlons nnd condlllons ore satisfactory ond hereby ncccplcd, Buyer: 	

CONFIRMED;

Woodruff & Sons, Inc.

Project #	2694
Contract	$ 1, 687,945.69

 $ 

Completed	1,536,075.85  

Is	1s1,869. 84 1

Bid items	Amt not billed		Billed		Original exc pond 7	$	121,326.28	$		$ 121,326.28
subgrade not rdw      $       24, 241. 14  $  18,3 16.98  $ 42,558. 12
silt fence	$	4,726.56  $   3,517.44  $   8,244.00
12" pvc	$	869.82 $ 65, 923.20 $ 66,793.02
30" rep	$	7,395. 15  $ 41,271.98  $  48,667.13

29x45 ercp	$       11,132.16  $	$   11,132.16
remove exist pond7  $	2,925.96 $	$ 2,925.96 dbl grate ct rl str       $	8,401.51 $	$ 8,401.51 29x45 hdwall	$	5,389.55 $	$ 5,389.55 riprap	$	5,034.42 $	$      5,034.42
4" cone s/w	$	703 .26 $ 73,920.44 $ 74,623.70
12" stab subgrade    $	381.78 $ 95,972.22 $  96,354.00
16" f mod curb	$	3,070.24 $ 25, 119.02 $  28, 189.26
f cu rb 2	$	2,638.53  $ 35,627.87  $   38,266.40
RA curb	$	245.43  $ 10, 662.57 $ 10,908.00

d cu rb	$	21.40  $   7, 104.80  $    7,126.20

perm ctrl pts	$	2,018.60 $	$    2,018.60
4" conduit	$	1,910.55 $ 8,251.95 $  10, 162.50
10" conduit	$	417.48  $   4,502.82  $   4, 920.30
fi ll dirt	$     70,346.34  $ 23,161.14  $  93, 507.48

Is 

credit exc. Pond7	 $	(121,326.28) $	$ (121,326.28) 1s1,869.88 1

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Change O rder No. 4 (Final) Wood ruff & Sons,  Inc.
Lakewood Centre Core Phase 1 Reconcile unbilled items

Change Order
No. _  4�(-=--F=in=a=I)

I	LLC

Date or Issuance:	January 251 2019

Elfecllve Dale:	February 11 2019

ProJecl: Lakowood Contro Coro Phaso 1
Conlrocl: $ 1,347,616.01
con11ac101: Woodruff & Sons, Inc.

IOwnor: Lakewood Ranch Commerce Park

owno(e conllacl No.:
D•I• OfConllacl: 4/26/2017
EnglnMfs Projocl No.: 21661 3303

The Contract Documents are modified as follows upon execullon of this Change Order:
Do,Cllpllon:	
Roconclle unbllled Items

Allaohmenls: (Lisi documents supporllng change): Woodruff& Sons Proposal dated 412/19/2018

 	CHANGE IN CONTRACT PRICE:		CHANGE IN CONTRACT TIMES:

Substantial completion (daya or delo): _ 	_ 	__

Original Contract Price:	Original Contract Times: O Worldng days	O Calendar days
$ 1,347,516.01	Ready for final payment (day$ or date): _ 	 [Increase] (tleGH!Bse] from previously approved Change (Increase) [Decrease) from previously approved Change Orders
Orders No._� 	to No.	3	No.	1	lo No.___;3   	,

(doys):

Substantial completion (duys):  	
$	835,626.47	Ready (or final payment	 	

(day&

Conlracl Price prior lo this Ct1B11ge Order:	Contract Times prior lo this Change Order:

or

Substantial completion	or date):  	
$ 2,183,042,48	Ready for final payment (doys  dote): 	_

(lnei:ease] (Decre11se) ofthis Change Order:	[Increase] (Decrease) or this Change Order:
Substanllal completion (day& or dato):  	

$,_.....,e..4..3...,2.,.""42s"'1

______	Reedy ror nnal payment (days ordate):  	

Contract Price Incorporating this Change Order:	Contract Times wllh all approved Change Orders:

(days o,

Subslanllal complellon (daya or date): 	_
$ 2,086,720,03	Ready for final payment	date):  	

RECOMMENDED:	ACCEPTED:

By: _ Engineer (Aulhorlzed Signature)

_ By,

Own•r (Aulhort,ad Slonoluro)	_

Date:  	

Approved by Funding l\genoy (If appllcoble):
EJCDC No, C-94 1 (2002 Edlllo11)

Dato:  	

Dato: 01-15-2018
Date:

Pncc I or I

or

l'repn1·cd by the Engineers' Joi11t Contrncl Oocurncnls CommltCcc n11d endorsed by the
Assoclntcd Gcncrnl Contmcto1·$ Amcl'lcn nnd lhc Construcllon Spcclllcntlons Jnstltutc.

Woodruff & Sons, Inc.
6450 - 3 1st Street East, Bradenton Florida34203 (physical)
P.O. Box 101 27, Bradenton Florida 34282-0127 (mailing) Tel ff 941.756.1871 ~ Fax H 941 .755.1379 www:woodniffandsons.com

�rop .o�al 
OPl'ICIAL USB ONLY

D

0   JobNo:	-= 2=66_.6_ 	 CoolrolNo:	=F=C=o=n�----
0 LoaDnle:	 	
0 InvoiceNo:	 	
D ChongcOcdcrNo:

To:	LWR Development LLC
Address:	Contact:	Mike Blackrlck Tel No:
Email:	m!ke,blackrlck@lakewoodranch.com	
Project Nome:	Lakewood Centre Core Phase I
ProJcct Locatloo:	SR 70 & White Eagle Blvd. Lakewood Ranch, PL	Bid No:
Bid Dute: Wednesday, April 26, 2017	

Item #	Item Doscriptlon:

Unlt Price	Total Price

 	   Final Change Order		 	  	   	

($94,322.45)

 	Reconcile unbilled line items	 	1.00

-LS--

($94,322.45)    	

Notes:

Total Price for above Items:
Total Bid Price:

 	($94,322.45)	
 	($94,322.45)	

Payment Tenns :	Payment duo within 30 days ofdote of invoice, regardless ofwhen payment Is mado by Owner.

ACC0PTBD:	CONFIRMBD:	
Tho above prices, 1pcclfica1l001 10d ccodltlon1 arc ■ottalbolol)' ond boreby accepted. Duyer: __ 	_ 		Woodruff & Sons, Inc,	
Slgnoluro 	 		Authorized Slanlutc:	
l'Mlcd N&m1:		
Dote ofAcccploocc: _ 	_ 	_	Bstlmotor:	Matt Anderson (mnlln@woodmffnodsona.c	

ll/lJ/1011	WIS 2666 final CO	••1• Iof1

Project #	2666
Contract	$ 2, 183,042.48 Completed	$ 2,088,720.03
$	94,322.45
Bid items	Amt not billed			Billed		Original Silt fence	$	1,049.72	$	1,682.45	$ 2,732.17
tree barr	$	54.20	$   4,986.40	$  5,040.60
5' cone s/w	$	35,738.78	$ 33,471.90	$ 69, 210.68

perm ctrl pts	$	925.98	$	$	925.98
2" conduits	$	2,935.00	$	$  2,935.00
611  conduits	$	4,655.00	$	$    4, 655.00
density test	$	3,333.51	$	$ 3,333.51
Silt fe nce	$	1,703.38	$	1,610.00	$ 3,313.38
tree barr	$	7,533 .80	$	$  7,533.80
5' cone s/w	$	7,615.30	$ 38,536.96	$ 46,152.26
f mod curb	$	11.05	$ 14,840.15	$ 14,851.20
f curb	$	1,444.56	$ 16,959.69	$ 18,404.25

valley gutter	$	1,839.00	$	$	1,839.00
sign + strip	$	14,744.85	$	$ 14,744.85
perm ctrl pts	$	925.98	$	$	925.98
2" conduits	$	2,935.00	$	$  2,935.00

I s	I

611    conduits	$	4,655 .00	$	$    4,655.00
density test	 $	2,222.34  $	$  2,222.34

94,322.45

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Change Order No. 5
E. T. MacKenzie of Flo rid a,  Inc.
Bourneside Blvd South Phase 1 at Lakewood Ranch Additiona l Services at SR-70 & Bourneside Blvd
South ; drainage,  lig hting and additional seed , sod &
mulch (onsite and Offsite)

1

Diite of Issuance;	January 23 2019

Change Order
No.  ____;5-=- 	
Effective Date:	February 1, 2019

PraJocl: Bourneside Blvd South Ph 1 @ Lakewood Ranch
Conlracl: $ 3,343,855.20

'owner.

Lakewood Ranch Stewardship District

Ownofs Conlracl No.:

Dale of Conlract: 1 2/4/2017

ContracIor: E.T. MacKenzie of Florida, Inc.

The Contract Documents arc modified as follows upon execution of this Change Order:
Deuctipllon:
Additional services at SR-70 & Bourneside Blvd Sooth; drainage, lighting and additional seed, sod & mulch (onsite and offsite)
Attachments: (L ist documents supporting change):
E.T. MacKenzie of Florida, Inc. WA-5 dated 1/18/2019

En9lnee�s Project No.: 21 661 4079/
215610101

CHANGE IN CONTRACT PRICE:	CHANGE IN CONTRACT TIMES:
Original Contract Price:	Original Contract Times:  O Working days	■Calendar days
Substantial completion (days or date): --=27,_::..:::0 d.,_ay�s"--------
$   3,343,855.20	Ready for nnal payment (days or date): 	____,,3"'0,,_0-"d"'a"'y.._s

(lnerease] [Decrease] from previously approved Change (Increase] [Deer-ease] from previously approved Change Orders

 	-"--

Orders No.	1	lo No.	4	No. 	.,____lo No.	4   --

10 day,. ,s

Substantial completion (days):

.,_2.,_,<.:!a!!!;.__

$	(504,939.21)	Readyfor final payment (days):	_,2..,1.,.0..ed.,,acz.y,,_s

Contract Price prior to this Change Order:	Contract Times prior to this Change Order:
Substanlial completion (days or dqte):	_.;.,.4""8...,.0 d.._ay..,s.._
$   2 838 915.99	Ready for nnal payrnenl (days or dale): _.,<5_,.10,w,d.al!Yi:S:,..__

IIRGfea&e] [Decroase] ofthis Change Order:	(I ncrease] [Decre11se) of this Change Order:

Subslanllal completion (days or date):
$ 	144 683.22		Ready for final payment (days or dale):

_.::,0_,,d.,_ay..,s.,,_
_,,0�d�a!Jly.2s

Contract Price Incorporating lhis Change Order:	Contract Times with all approved Change Ofders:
Substantial completion (days or date):	__:,:48,e. ,,..,.0 da,e. vi"--:s   ------
S   2,983,599.21	Ready for final payment (days or date): __,,5'...!.1"'0_,,d�a.1;ys2,_

RECOMMENDED:	ACCEPTED:	ACCEPTED:

By: 	Engineer (AUlhorliod Sig1rnturn)

By;

Owr,or

_    By:__ 	_
(Aulhori,od Slonaluro)	Conlroctor (A11lhorl1cd Signature)

Date:  	

Date: _ 	_ 	__ Doto: 	_ 	_

EJCDC No. C-941 (2002 Edition)	l'nge I orI 
l'rcpnrut by the E111:iucr1·s' Join! Cor11n,ct Or1cumcnls Commillcc nnd cnllo,·sul b)' Che A�soclntcd Gencml Contrnclors ofAmerica R11rl Che Conslrnuion Spccincnl)nns Jn$tilulc.

CID

Work Authorization Request
E. T. MacKenzie of Florida, Inc.
6212 33rd Street E.
Bradenton FL. 34203
(941) 756-6760	Fax:  (941) 756-6698

Address

CHy	Slala	IZip	Addmss

LOwankeetswNoaomde  Ranch Stewardshlo District

Phono

Work Authorization Request No.	5
D�le	Januarv 1 8, 2019

1 4400 Covenant Wav

Job Namo

Bourneslde Blvd. South Phase 1

Job Numbe5r 1713

ExlLollangkeCowntoraoctdNoR. anch

DatoForLExtsllng Conlract34202

Chy

Stele	Zip

SR-70/Bourneslde Boulevard South - C.O. #5

Quantity	Unit Price	Extended Price

Staked Silt Fence ITvoe Ill}
Erosion Control Maintenance "learin□ & Grubblna
!Removal of 18" RCP
!Removal of MES (18") Earthwork/GradIna
ISod
MIiiing & Overlav Tvoe FC-12.5 /1 1/2")
Type SP-12.5 (1 1/2") (FC Course on Wldenina & Shldr. Area) Type SP-12.5 (1 1/2") (Structural Course on Shldr. Area)
rvoe SP-12.5 /3") (Structural Course on Wldenina Areal Llmerock Base (LBR 1 00) (10") w/ 12" Stabll. Sub-base
Limerock Base /LBR 1om /4-1 /2") wt 12" Stabll. Sub-base Stabilized Unpaved Shoulder
Concrete Multi-Purpose Path (4" Thlckl
Strioina - Terno.. Perm. & Thermo., Markinas & RPM's Stormwater Pioe 18" RCP
Stormwater Ploe, 42" RCP
!Maintenance of Traffic Survev& As-bullts
ADA Handicanoed Ramos
6' Flared Concrete Curb Flume Credit - Type E Curb & Gutter
Credit - Sian, R1-1 (18"x18")
Credit - Sian  W1 1-1 5 (36''x36") & W11 -16P 124"x18"l
Credit - Storm Water Pioe, 36" RCP Credit - Storm Water RlbRao Rubble 112"l
Credit - Driveway Gravel Connectlcim	 	

LF	$
1	LS	$
1	LS	$
67	LF	$
2	EA	$
1	LS	$
4,015	SY	$
1 ,050	SY	$
526	SY	$
200	SY	$
326	SY	$
326	SY	$
200	SY	$
225	SY	$
30	SY	$
1	LS	$
10	LF	$
2	LF	$
1	LS	$
LS	$
EA	$
2	EA	$
(96),	LF	$
(1)	EA	$
(1\	EA	$
(32l	LF	$
(54)	SY	$
(1)	EA	$

1.25	$
628.00	$
7,826.00	$
8.00	$
1 60.00	$
3,600.00	$
2.30	$
15.00	$
10.00	$
9.50	$
18.00	$
26.60	$
19.00	$
4.00	$
40.00	$
6,510.00	$
37.00	$
1 37.00	$
5 970.00	$
2 750.00	$
1 300.00	$
955.00	$
26.00	$
235.00	$
471.00	$
88.00	$
38.00	$
240.00	$

631.25
628.00
7,825.00
536.00
300.00
3,500.00
9 234.50
15 750.00
5,260.00
1 900.00
6 868.00
8,639.00
3,800.00
900.00
1 200.00
6,510.00
370.00
274.00
5 970.00
2,750.00
2 600.00
1 91 0.00
(2,496.00'
(235.00'
(471 ,00'
(2,8 16!00
(2,052.00
(240.00

			
ulevard South · BASE MATERIAL
/ 12" Stab. Sub-base				
	326	SY	$	(2.90l	$	(945.40	

 	SUB-TOTAL of SR-70 Changes:
SR 70/Bourneslde B
llmerock Base (LBR100) /1 0")

$ 78,045.75

Llmerock Base (LBR100) (4 1/2") w/ 12" Slab. Sub-base	200	SY	$	(2,90)	$	(580.00)
Base Material Sub-Total Chanaes:	$	(1,525.40
Tax Savlnc1s on Base Matetlal	$	(91 .52

SR 70/Bourneslde Boulevard South · DRAINAGE MATERIAL Stormwater Pipe, 18" RCP
Stormwater Pipe, 42" RCP

LF	$	(14.631	$	(146.30

10 
2

LF	$	(55.05)	$	(110.10

Dralna e Sub-Total Chances:	$	(256.40
Tax Savlnas on Dralnaae Items	$	(15.38
SU B-TOTAL of SR-70 Savings per Changes:	$	(1,888.711

Bourneslde Boulevard South · LIGHTING MATERIAL
Adjustment to Lighting Materials In C.O. #1	(1)	LS	$	1 ,072.00	$	(1 ,072.00
SUB-TOTAL	$	(1 072,00
Bourneslde Bou levard South - TAX SAVINGS ON LIGHTING MATERIAL
Adjustment to Tax Savings on the Lighting Materials In C.O. #1	(1)	LS	$	64.32	$	(64.32)
SUB-TOTAL	$	(64.32'

Bourneslde Bou levard South • LIGHTING
Adjustment to Lighting Overall in C.O. #1	1	LS	$  25,520.00	$	25,520.00
SU B-TOTAL	$   25,520.00
SUB-TOTAL of Lighting Adjustments:	$  24,383.68

Bourneslde Boulevard South - ADDITIONAL SOD/SEEDING
Sod (Off-site)	3,095	SY	$	2.30	$	7,118.50
Seed & Mulch	9 1 30	SY	$	0.25	$	2 282.50

I

Sod	15,105	SY	$	2.30	$	34,741.50
SUB-TOTAL	$   44,142.50

TOTAL of All Chanaes:	$ 144,683.22
Overhead & Profit :
THE TOTAL CREDIT/COST FOR CHANGES NOTED ABOVE:	$	144,683.22
TOTAL NUMBER OF DAYS AFFECTED BY THIS CHANGE:	Days
Payment to be made as follows: 	Per Contract Documents	
Above additional work to be performed under same conditions as specified In original contract unless otherwise stipulated. Date 	20 	Authorized Signature	(Owner signs here)
We hereby agree to furnish labor and materials - complete In accordance with the above specifications, at above slated price.

Authorized Signature

(Conllactor signs here)

Date	20_ 	

�specifieTdheInaobrolgvlenoplrtcoc&nalr&acstpuancleillcssaoUolhnosrw1orstohissllCpuhlaentegde. Ordor �.Ba�,

ho/Oby occcplQd as slgnad. All worklo bo porformed under lhe same lerma andcondlll0ns 85

�·

{II

/•//17....''"1

Jr,,-n

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Change Order No. 2

C & M Road Builders, Inc. Waterside Neig hborhood 8 Changes in Plans to Asphalt

Dale of Issuance:	December 121 2018

Change Order
No. 	2..___
Effective Date:	January41 2019

ProJ101: Waterside Neighborhood 8	lowner: Lakewood Ranch Stewardship Conlract: $ 1,227,908.40	I	District	Owner'a Contract No.:
Dele of contract: 12,07/201 8	
Contractor: C & M Road Bullders, Inc.	E:nglneer'a Project No.: 21661 3807	

The Contract Documents are modified as follows upon execution of this Change Order:
scrlptlon:	 Changes In Plans to Asphalt

Attachments: (List documents supporting change):
C&M Roadbullders, Incorporated Change Order No. 2

 	CHANGE  IN CONTRACT PRICE:	   	
Original Contract Price:	Original Contract Tlmes: Working days
Substantial completion (days or date):  	......,'-"'-.....,'-------
$   1  227 908.40		Ready forfinal payment (days or dale): ___1�6::.aO::...D=ay...,s.__
[Increase] [Oeo,ease] from previously approved Change [Increase] [OeGFease] from previously approved Change Orders Orders No.	1	to No.	1	No. 	�__to No. 	1

Substantial completion (daye):
$	664,191,60	Ready for final payment (days):

Contract Price prior to this Change Order:	Contract Times prior to this Change Order:

_.1,.2.,.0_.p..ay."'.e
1,._ 5._Q.....,D_.ay.,_s.._	_

Substantial completion (days or date):  	___.2'"'40..""'D...,a,..y"'s'-------
$  1,782.100.00	Ready for final payment (days or date):	___;3::.aO.,O_D""a.,,y._.s	_

[Increase] [OeGfeaGe] ofthis Change Order:	[Increase] [Deorease] of this Change Order:
Substantial completion (days or date):  	

$ 	6-8-4-60-·-ll0________	Ready forfinal payment (days or date): 	.                        .                        .                        .                        , .

Contract Price Incorporating this Change Order:	-Contract Times with all approved Change Orders:
Substantial completion (day& or date):

_

2.., 4_0 .....,D,._ay_,_s.__

$   1 840 580.60		Ready for final payment (days or dale): ---""'3._0._.0;..:D._a..,y._..s'---

RECOMMENDED:	ACCEPTED:

Br,

Engineer (Authorized Signature)

_ By:

Owner (Authorized Signature)	_

Date:  	

Date:  	

V:\2156\ICUVt\21l!G13107\ciYl\conJlNCUo�11•..doeumt,,IJ\ch11ngt_ord•rt\con_w;at11rtldt•nghbrhd-I_to-2_J84I0-SO_chng•P'n1-aIphIIILo,m,rdbld,._1JGdo_c04 t_dam..,20I8t212,dOC>C

EJCDC No. C-941 (2002 Edlllon)
Prcpnrcd by the Englncel's' Joint ContrRct Documc11t3 Committee nnd endorsed by the
Assoclntcd Gcncrnl Contmctora of America nnd the Construction SpecHicatlons Institute,	

Pngc l of 1

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Proposal / Work Autho rization Universal Engineering Services
Inspections and Concrete Testing for 44th Box Culvert - Lakewood Ranch - CSD

January 8, 2019 

UN W VE RSAL
IENGUNIEIEIJU INIG SCUIEINICIES
Consultants In: Geotechnicol Engineering • Environmental Sciences Geophyslcnl Services • Construction MoterlalsTestlng • Threshold Inspection
Bulldlng Inspection • Pl�nnevl�w • Bulldln!J Code Administration

LOCATIONS:
Allnnln
Doytnnn Bcooh
Fon Myers
Fort Plcrcc
Oolnosvlllc
Jocksonvlllc
Mfoml
Quoin
Orlnndo (Hcadqunrters)
Polm Coost PAna,no Cl1y
Pc111acolo
Rockkduo

Lakewood Ranch Stewardship District 14400 Covenant Way
Lakewood Ranch, FL 34202
Attention:	Mr. Mike Blackrlck
Reference:	Proposal for Inspections and Concrete Testing for

Snr0$Qlo
SI. Pcloosbura
••   'rTleR1n0p11n
West Pnl,n Dench

44th Box Culvert - Lakewood Ranch - CSD • Lakewood Ranch Sterwardshlp District - 1-7�19 44th Avenue East Lakewood Ranch, FL
UES Proposal Number: 111 0.011 9.00039
Dear Mr. Blackrlcl<:
As requested, Universal Engineering Sciences, Inc. (Universal) Is pleased to submit for your review and approval the unit price fees along with an estimated total fee for the above-referenced project. Our estimate is based upon our review of the project plans and specifications available to us, along with typical test frequencies for projects of this type.

SCOPE OF SERVICES
Our construction materials testing services shall be performed in accordance with the provided project plans.
Compaction testing
Laboratory soil testing
Plastic concrete sampling and testing
Engineering technician inspection sampling & testing services
UES estimates a total feefor the above scope of services as follows:

-=
-	�
Inspections and Concrete Testing Esti�11000.oo ')
(Estimate Includes 7% Administrative Fee)-    _
The actual number of tests shall depend on construction practices and the project schedule. The proposed estimate does not account for additional cost for retests and/or the additional work that is requested outside the above scope. The testing setvlces will be Invoiced based on the actual quantftv of testing services rendered at the Indicated unit rates. We understand that the testing services shall be performed on an on­ call basis. LIES wlll not be responsible for scheduling our services and will not be responsible for tests that are not performed due to a failure to schedule our services on the project or any resulting damage.

All services will be provided In accordance with the attached General Conditions and billed at the unit rates Included on Exhibit 1.

UN IVERSAL
ENGINEERING SCIENCES
(0n\11h,1ntt ht: Cieol�dinlt.11 E,\glnrrtlf\11 • Em111:inrnenr,,1 SclMrc.,
Ci�ophyskal S1.'1'tlccs • Cons.l11JtUon M1lerli!h Tc�lfny • lhtt.'1f}f.lfd lnspt:ttlo11 nuitlng l/\tpl'tllon , CJb.n nevi�w • n1dldln!J Corli> Adm.Jriht111lln"

Attached you will find a copy of the Work Authorization/Proposal Acceptance Form and a copy of our General Conditions. If you want for us to begin our services, then please sign and return one copy of the Work Authorization/Proposal Acceptance Form. We trust this information is satisfactory for your current needs; however, if we can be of further assistance, please contact us. We appreciate the opportunity to present this service estimate proposal to you and look forward to providing our construction materials testing and inspection services on this and future projects.
Respectfully Submitted
UNIVEBSAL ENGINEERING SCIENCES, INC.

�
Brewster Dombkowski
CSD Manager

Robert Gomez, P.E. Branch Manager

1 748 Independence Blvd. Suite 8- 1 Sarasota, FL 34234 • Phone: 94 1 -358-74 10 • Fax: 94 1 -358-7353 www.UniversalEngineering.com

,__�(_�

EXHIBIT 1
2018 SCOPE OF WORK AND COST ESTIMATE FOR - CONSTRUCTION TESTING AND INSPECTION SERVICES

1,0 Site-Work Construction Testing and Inspection
In-Place Density Tests
8.	Concrete Compressive Strength for Cylinders
{Includes curing, caoolna testlnal
c.	Compressive Strength Masonry FIii Cell Grout
Mortar Testing
Concrete Masonry Unit Compressive Strength Concrete Air Content Test
Compaction/Fill Certification - Residential House Pad - Test with Penetrometer
Shallow Soil Bearing Test and Report - Pre-permit Lot Certification
Modified or Standard Proctor Density Test
Limerock Bearing Ratio Test
Gradation - Sieve Analysis Test • Soil Classification
Soil Organic Content Test
Atterberg Limit Test
Soil Cement - Field Bag Samples for Compressive Strength Tests
o. Asphalt Cores for Thickness & Density Test
P.	Core Rig Mobilization Q, Engineering Technician
(Portal to Portal)
In-Place Density Field Tracking
(Summary of required and orovlded densitv teslina for C.O. use)
s.	Percent Fines Test (200 Wash)
T.	Deleterious Materials Test
u. Carbonates Test
V.	Soll Cement Mix Design

.

2.0 NPDES Inspection Services

.

Universal provides Inspection for National Pollutant Discharge Elimination System Compliance {NPDES) Inspection Includes: Turbidity Monitoring, Slit Fence Monitoring, Storm water Inlet Protection, Monitoring Reports (Rain Event or Weekly), BMP Inspections
NPDES Inspection Services (Weekly or Rain Event and Report)
SWPPP Plan

Unit Fee
$ 17.00 each
$ 16.00 each
$ 60.00 per set
$ 15.00 each
$ 75.00 each
$ 15.00 each
$ 200.00 per trip / per pad
$ 300.00 per / lot
$ 75.00 each
$ 275.00 each
$ 75.00 each
$ 65.00each
$ 75.00 each
$ 35.00 per pill
$ 35.00 each
$ 200.00 per trip
$ 45.00 per hour Site Specific Pricing
$ 35.00 each
$ 225.00 each
$ 125.00 each
$ 1 ,200.00 each Unit Fee

$ 225.00 each

c.
A.	3,0 Special Services Inspection/Consultation (if required) Threshold Inspector Agent	Unit Fee
$ 60.00 per hour	
B.	Threshold Special Inspector, P.E., S.I.	$ 120.00 per hour	
C.	Structural Steel Visual Inspection/Welding Inspections - C.W.L	$ 65.00 per hour	
D.	Ultrasonic Weld (UT) Test	$ 75,00 per test	
E.	Project Engineer	$ 115.00 per hour	
F.	Construction Services Manager	$ 75.00 per hour	
G.	Staff Engineer	$ 85.00 per hour	
H.	Senior Engineering Technician	$ 50.00 per hour	
I.	Testing Reports Final Certification Package, Sign & Seal by FL P.E.	$ 550.00 each	
J.	Final Certification Letter for Inspections	$350.00 each	
	4.0 Fireproofing Inspection and Testing for Spray Application (If required)	Unit Fee	
1. 	Fireproofing Inspector Agent	$ 100.00 per hour	
2.	Fireproofing Spray Material Lab Testing	$ 1 00.00 per test	
	6.0 GPR Concrete Scanning	Sita Specific Pricing	

$ 1,200.00 each

<

Notes:
1. Unit rates ere basecl on providing test services during normal work hours (weekdays, 7:00 a.m. to 5:00 p.m.), For services scheduled beyond normal work hours, holidays and weekends will be billed at 1.50 times the applicable 11ourly rate.
2. All hourly services require e minimum of two (2) hour oall-out per trip.
3. All scheduling requesls require a 24 hour advanced nollce. Same day requests, when able to accommodate, WIii be assessed an 11ddltlonal $76.00 service fee.
4. Since Universal does not have control over the conlractor's construction practices, schedules, or Inclement weather, lhe actual quanlltles may vary
rrom our esllrnaled quantities. You Wlll only be Invoiced forservices requested and rendered.
6. Additional services, consultatlohs, or meetings, when requested, will be Invoiced at Unlversal's standard rates.
Thie fee estlmele Includes 8 PDF Email copy of the dally and laboratory reports. Please be sure lo Include the appropriate email address on the Work Authorlzallon form, end Include any addltlonal email addresses on the ettached Distribution List. Additional '1ard copies can be provided al a fee or
$35.00 per hour or Techr\lcal Secretary time. Upon complotlon or the project, a final book of slgnod and sealed report copies will be complied and
malled et the client's request.
7, A 7% edmlnlslra11on fea will ba added to the Invoices,

UNIVERSAL ENGINEERING SCIENCES, INC.
 	Work Authorization I Pro osal Acee tance Form

r

PLEASE SIGN AND RETURN ONE COPY.
Universal Engineering Sciences, Inc. (Universal) Is pleased to provide the se vices described below. The purpose of this document Is to describe the lerms under which the services will be provided and to obtain formal aulhorizallon.
Date: January8. 2019

Contact:  Mlk___e_B_la_c_r_c_k

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Project Name: 44th Box Culvert • Lakewood Ranch - CSD - Lakewood Ranch Sterwardshlp District - 1-7-19 Project Location: 44th Avenue Easl, Lakewood Ranch, Manatee County, FL
Client Name: Lakewood Ranch Stewardship District

Contact Business Address: 14400 Covenant Way Lakewood Ranch, FL 34202

,b1ackdck@lakewoodr c

Contact Fax Number: 	__ 	Contact Phone: 407-382-3256	Email: mlke	an h.com
Scope or Services & Understanding of Project (See attached proposal or as indicated below).
U ES Opportunity No.:	111 0.01 19.00039
Inspections and Concrete Testing Est ate: $21,000.00 )
(Esllmale includes 7% Admlnlstrat  ·Fee)
Contract Documents. The following documents form part of the Agreement and are Incorporated herein by referral: A, Universal General Conditions.
In the event ofany inconsistency or conflicting among the Contract Documents, lhe provision In that Contracl Documenls firsl listed above shall govern.
Ill. Authority to proceed and for payment. (To be completed by Cllent)
For payment of Services, Invoice to the account of:	Social Security Number or
Firm:_ 	 Federal ldenlifloalion No.:  	_
Address:	City:	Zip Code: _	_
Attention: Title:  	
Phone:	Fax:  	
If the Invoice is to be mailed for approval to someone other than the account charged, prease Indicate where, below:
Firm: 		_			 Address: 	Clty: 	Zip Code: 	_
Attention:	Title: 	--='--
Phone:	Fax: 	____ 	_
IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duty authorized representatives this 	day of	&.OJi.
CLIENT:	UNIVERSAL ENGl�CES, INC.
BY (signature):__ 	_ 	_ BY (signature): -�<s-i;;.c::;._..::ao..._.,,-- 	
NAME:	NAME: BrewsterOombkgwski
TITLE:

ENGINEERING SCIENCES
Consultants In: Geotechnlcal Engineering I Environmental Sciences Construction Materials Tesling ! Threshold Inspection ! Plans Review

N�VE	s	l

REPORT DISTRIBUTION LIST

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SECTION 1 : RESPONSIBILITIES

Universal Engineering Sciences, Inc.

GENERAL CONDITIONS

1 Universal Engineering Sciences, Inc., ("UES"), has the responsiblllty for providing the services described under the Scope of Services section. The work is to be performed according lo accepted standards of care and ls to be completed in a timely manner. The term "UES" as used herein Includes all of Universal Engineering Sciences, Inc's agents, employees, professional staff, and subcontractors.
The Client or a duly authorized representative Is responsible for providing UES with a clear understanding of the project nature and scope. The Client shall supply UES with sutricient and adequate information, including, but not limited to, maps, site plans, reports, surveys and designs, to allow UES to properly complete the specified services. The Client shall also communicate changes In the nature and scope of the project as soon as possible during performance of the work so that the changes can be incorporated into the work product.
The Client acknowledges that UES's responsibilities in providing the services described under the Scope of Services seclion is limited lo those services described therein, and the Client hereby assumes any collateral or affiliated duties necessitated by or for those services. Such duties may include, but are not limited to, reporting requirements imposed by any third party such as federal, state, or local entities, the provision of any required notices to any third party, or the securing of necessary permits or permissions from any third parties required for UES's provision of the services so described, unless otherwise agreed upon by both parties.

1 .4		Universal will not be responsible for scheduling our services and will not be responsible ror tests or inspections that are not performed due to a failure to schedule our services on the project or any resulting damages.
1 .5 PURSUANT TO FLORIDA  STATUTES  §558.0035,  ANY  INDIVIDUAL  EMPLOYEE  OR AGENT OF LIES MAY NOT BE HELD INDIVIDUALLY LIABLE FOR NEGLIGENCE.
SECTION 2: STANDARD OF CARE

Services performed by UES under this Agreement will be conducted in a manner consistent with the level of care and skill ordinarily exercised by members of UES's profession practicing contemporaneously under similar conditions In the locality of the project. No other warranty, express or implied, is made.
The Client recognizes that subsurface conditions may vary from those observed at locations where borings, surveys, or other explorations are made, and that site conditions may change with lime.  Data, interpretations, and recommendations by UES will be based solely on Information available to UES at the lime of service. UES is responsible for those data, interpretations, and recommendations, but will not be responsible for other parties' interpretations or use of the Information developed.

Execution of this document by UES is not a representation that UES has visited the site, become generally famliiar with local conditions under which the services are to be performed, or correlated personal observations with the requirements of the Scope of Services. It Is the Client's responsibility to provide UES with all information necessary for UES to provide the services described under the Scope of Services, and the Client assumes all liability for information not provided to UES that may affect the quality or sufficiency of the services so described.

Should UES be retained to provide threshold inspection services under Florida Statutes §553.79, Client acknowledges that UES's services thereunder do not constitute a guarantee that the construction in question has been properly designed or constructed, and UES's services do not replace any of the obligations or liabilities associated with any architect, contractor, or structural engineer. Therefore ii is explicitly agreed that the Client will not hold UES responsible for the proper performance of service by any architect, contractor, structural engineer or a ny other entity associated with the project.

SECTION 3: SITE ACCESS AND SITE CONDITIONS

3.1 Client will grant or obtain free access to the site for all equipment and personnel necessary for UES to perform the work set forth in this Agreement. The Client will notify any and all possessors of the project site that Client has g ranted UES free access to the site. UES wlii take reasonable precautions to minimize damage to the site, but It is understood by Client that, in the normal course of work, some damage may occur, and the correction of such damage is not part ofthis Agreement unless so specffied in the Proposal.

The Clienl is responsible for the accuracy of locations for all subterranean structures and utilities. UES will take reasonable precautions to avoid known subterranean structures, and the Client waives any claim against UES, and agrees to defend, indemnify, and hold UES harmless from any claim or liability for injury or loss, Including costs of defense, arising from damage done to subterranean structures and ulllilles not identified or accurately located. In addition, Client agrees to compensate UES for any time spent or expenses incurred by UES in defense of any such claim with compensation to be based upon UES's prevailing fee schedule and expense reimbursement policy.
SECTION 4: SAMPLE OWNERSHIP AND DISPOSAL
Soil or water samples obtained from the project during performance of the work shall remain the property of the Client.

UES will dispose of or return to Client all remaining soils and rock samples 60 days after submission of report covering those samples, Further storage or transfer of samples can be made at Client's expense upon Client's prior written request.
Samples which are contaminated by petroleum products or other chemical waste will be returned to Client for treatment or disposal, consistent with all appropriate federal, state, or local regulations.
SECTION 5: BILLING AND PAYMENT
5.1 UES will submit Invoices to Client monthly or upon completion of services. Invoices will show charges for different personnel and expense classifications.
5,2 Payment is due 30 days after p resentation of invoice and is past due 31 days from invoice date. Client agrees lo pay a finance charge of one and one-half percent (1 ½ %) per month, or the maximum rate a llowed by law, on past due accounts.
5.3 If UES incurs any expenses to collect overdue billings on invoices, the sums paid by UES for reasonable attorneys' fees, court costs, UES's lime, UES's expenses, and interest will be due and owing by the Client.
SECTION 6: OWNERSHIP AND USE OF DOCUMENTS
All reports, boring logs, field data, field notes, laboratory test data, calculations, estimates, and other documents prepared by UES, as instruments of service, shall remain the property of UES.
Client agrees that all reports and other work furnished lo the Client or his agents, which are not paid for, will be returned upon demand and will not be used by the Client for any purpose.

UES will retain all pertinent records relating to the services performed for a period of five years following submission of the report, during which period the records will be made available to the Client at all reasonable times.

All reports, boring logs, field data, field notes, laboratory test data, calculations, estimates, and other documents prepared by UES, are prepared for the sole and exclusive use of Client, and may not be given to any other party or used or relied upon by any such party without the express written consent of UES.

SECTION 7: DISCOVERY OF UNANTICIPATED HAZARDOUS MATERIALS
Client warrants that a reasonable effort has been made to inform UES of known or suspected hazardous materials on or near the project site.
Under this agreement, the term hazardous materials Include hazardous materials (40 CFR 172.01), hazardous wastes (40 CFR 261 .2), hazardous substances (40 CFR 300.6), petroleum products, polychlorinated biphenyls, and asbestos.

Hazardous materials may exist at a site where there is no reason to believe they could or should be present. UES and Client agree that the discovery of unanticipated hazardous materials constitutes a changed condition mandating a renegotiation of the scope of work. UES and Client also agree that the discovery of unanticipated hazardous materials may make it necessary for UES lo take Immediate measures to protect health and safety. Client agrees to compensate UES for any equipment decontamination or other costs incident lo the discovery of unanticipated hazardous waste.
UES agrees to notify Client when unanticipated hazardous materials or suspected hazardous materials are encountered. Client agrees to make any disclosures required by law to the appropriate governing agencies. Client also agrees lo hold UES harmless for any and all consequences of disclosures made by UES which are required by governing law. In the event the project site is not owned by Client, Client recognizes that ii is the Client's responsibility lo inform the property owner of the discovery of unanticipated hazardous materials or suspected hazardous materials.
7.5 Notwithstanding any other provision of the Agreement, Client waives any claim against UES, and to the maximum extent permitted by law, agrees to defend, indemnify, and save UES harmless from any claim, liability, and/or defense costs for Injury or loss arising from UES's discovery of unanticipated hazardous materials or suspected hazardous materials including any costs created by delay of the project and any cost associated with possible reduction of the property's value. Client will be responsible for ultimate disposal of any samples secured by UES which are found to be contaminated.
SECTION 8: RISK ALLOCATION
8.1		Client agrees ttiat UES's liability for any damage on account of any breach of contract. error, omission or other professional negligence will be limited to a sum not to exceed $50,000 or UES's fee, whichever is greater. If Client prefers to have higher limits on contractual or professional liability, UES agrees to increase the limits up to a maximum of $1 ,000,000.00 upon Client's written request at the time of accepting our proposal provided that Client agrees to pay an additional consideration of four percent of the total fee, or $400.00, whichever Is greater. The additional charge for the higher liability limits Is because of the greater risk assumed and is not strictly a charge for additional professional liability insurance.
SECTION 9: INSURANCE;

9.1 UES represents and warrants that it and Its agents, staff and consultants employed by it, is and are protected by worker's compensation Insurance and that UES has such coverage under public liability and property damage insurance policies which UES deems to be adequate. Certificates for all such policies of Insurance shall be provided to Client upon request In writing. Within the limits and conditions of such insurance, UES agrees to Indemnify and save Client harmless from and against loss, damage, or liability arising from negligent acts by UES, Its agents, staff, and consultants employed by It. UES shall not be responsible fo r any loss, damage or liability beyond the amounts, limits, and conditions of such insurance or the limits described in Section 8, whichever Is less. The Client agrees to defend, indemn ify and save UES harmless for loss, damage or liability arising from acts by Client, Client's agent, staff, and other UESs employed by Client.
SECTION 10: DISPUTE RESOLUTION

1 0.1 Ail claims, disputes, and other matters In controversy between UES and Client arising out of or In any way related to this Agreement will be submitted to alternative dispute resolution (ADR) such as mediation or arbitration , before and as a condition precedent lo other remedies provided by law, including the commencement of litigation.

1 0.2

If a dispute arises related to the services provided under this Agreement and that dispute requires litigation instead of ADR as provided above,
then:

(a)

the claim will be brought and tried In judicial jurisdiction of the court of the county where UES's principal place of business Is localed and Client waives the right to remove the action to any other county or judicial jurisdiction, and
The prevailing pa rty will be entitled to recovery of all reasonable costs Incurred, Including staff lime, court costs, attorneys' fees, and other claim related expenses.

SECTION 11 : TERMINATION

11 .1 This agreement may be terminated by either party upon seven (7) days written notice in the event of substantial failure by the other party to perform In accordance with the terms hereof. Such termination shall not be effective if that substantial failure has been remedied before expiration of the period specified In the written notice. In the event of termination, UES shall be paid for services performed to the termination notice date plus reasonable termination expenses.

11 .2 In the event of termination, or suspension for more than three (3) months, prior to completion of all reports contemplated by the Agreement, UES may complete such analyses and records as are necessary to complete its files and may also complete a report on the seiVices performed to the date of notice of termination or suspension. The expense of termination or suspension shall include all direct costs of UES In completing such analyses, records and reports.
SECTION 12: ASSIGNS
1 2.1	Neither the Client nor UES may delegate, assign, sublet or transfer theirduties or Interest in this Agreem ent without the written consent of the other party.
SECTION 13. GOVERNING LAW AND SURVIVAL
13.1	The laws ofthe State of Florida will govern the validity of these Terms, their interpretation and performance.

1 3.2		If any of the provisions contained in this Agreement are held illegal, invalid, or unenforceable, the enforce ability of the rem aining provisions will not be impaired. Limitations of liability and indemnities will survive termination of this Agreement for any cause.

SECTION 14. INTEGRATION CLAUSE

This Agreement represents and contains the entire and only agreement and understanding among the parties with respect to the subject matter of this Agreement, and supersedes any and all prior and contemporaneous oral and written agreements, understandings, representations, Inducements, promises, warranties, and conditions among the parties. No agreement, understanding, representation, inducement, promise, warranty, or condition of any kind with respect to the subject matter of this Agreement shall be relied upon by the parties unless expressly Incorporated herein.

This Agreement may not be amended or modified except by an agreement in writing signed by the party against whom the enforcement of any modification or amendment is sought.
Rev. 06110115