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

Minutes - Board of Supervisor's Meeting
March 1, 2019, 9:00 a.m.
Present and constituting a quorum:

Rex Jensen Tony Chiofalo Jim Schier Richard Bedford
Also present were:
Hank Fishkind Sarah Warren Misty Taylor Brett Sealy Sete Zare
Rob Engel Bob Simons Roger Aman Louis Lawman
Deborah Byerly Pat Neal
Ed Hunzeker David Langhout Bob Bosarge Scott Schuhle

Board Member Board Member Board Member Board Member

Fishkind & Associates
Hopping Green & Sams (by phone) BMO
MBS Capital (by phone) MBS (by phone) Stantec
SMR SMR
LWR Development SMR
NEAL Communities Manatee County Kolter Homes Kolter Homes
US Bank (by phone)

FIRST ORDER OF BUSINESS	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.
There were no public comments.

SECOND ORDER OF BUSINESS

Administrative Matters
Consideration of Minutes of  the February 1, 2019 Board of Supervisors Meeting

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Mr. Jensen presented the minutes from the previous meetings and asked if there were any questions or comments.

On MOTION by Mr. Bedford, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the minutes of the February 1, 2019 Board of Supervisors Meeting.
THIRD ORDER OF BUSINESS	B usiness Matters
Consideration of Agreement between the District and Irrigation Design Associates, Inc. for Irrigation Installation Services and Materials (Rangeland Pkwy. from Uihlein Road to Bourneside Blvd. Project)
Mr. Lawman presented the agreement with IDA for the total amount of $178,835.00.
On MOTION by Mr. Chiofalo, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the agreement between the District and Irrigation Design Associates, Inc.
FOURTH ORDER OF BUSINESS		Consideration of Matters Relative to the Isles at Lakewood Ranch, Series 2019 Bond Issuance
Resolution 2019-18, Supplemental Assessment Resolution (provided under separate cover)
Other Matters (provided under separate cover)
Dr. Fishkind asked to defer this item. Mr. Sealy reviewed timeline for outstanding items.

FIFTH ORDER OF BUSINESS

Consideration of Matters Relative to the Cresswind, Series 2019 Bond Issuance
Presentation of Engineer's Report
Presentation of Mater Assessment Methodology Report
Resolution 2019-19, Declaring Special Assessments
Resolution 2019-20, Setting a Public Hearing on the Imposition of Special Assessments
Acquisition Agreement between the District and KH Lakewood Ranch LLC

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Dr. Fishkind presented the engineer's report prepared by Morris Engineering. Mr. Engel confirmed that the District Engineer's office had reviewed the report and the cost estimates were appropriate.
Dr. Fishkind presented the Master Assessment Methodology Report noting it was in standard format and directing the Board's attention to Table 2, which demonstrates the special benefit. Table 5 shows the front foot allocation methodology for the properties.
Ms. Warren reviewed resolution 2019-19.

On MOTION by Mr. Bedford, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Resolution 2019-19, Declaring Special Assessments.
Dr. Fishkind presented resolution 2019-20.

On MOTION by Mr. Bedford, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Resolution 2019-20, Setting the Public Hearing on the Imposition of Special Assessments for April 5, 2019 at 9:00 a.m. at the current location.
Ms. Warren reviewed the standard form acquisition agreement.

On MOTION by Mr. Chiofalo, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the Acquisition Agreement in substantial form between the District and KH Lakewood Ranch LLC and authorized the Chair to execute the final document.

SIXTH ORDER OF BUSINESS

Dr. Fishkind asked to defer this item.
SEVENTH ORDER OF BUSINESS

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

Consideration of New Uniform Collection Agreement for Non-Ad Valorem Assessments, Manatee County

Dr. Fishkind presented the agreement with updated procedural changes.

On MOTION by Mr. Bedford, seconded by Mr. Chiofalo, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the New Uniform Collection Agreement for Manatee County.

EIGHTH ORDER OF BUSINESS	Financial Matters
Draw Requests & Requisitions

Mr. Chiofalo presented for the Board's Consideration:

Requisition List for Draw No. 19 Del Webb - Series 2017 A Bond

On MOTION by Mr. Bedford, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 19, Del Webb-Series 2017 A Bond.
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Requisition	List	for	Draw	No.	SO Lakewood Centre North - Series 2015 A
On MOTION by Mr. Bedford, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 50 for Lakewood Centre North - Series 2015 A.

Requisition List for Draw No. 22 Lakewood Centre South
- Pre-Funding

On MOTION by Mr. Bedford, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 22 for Lakewood Centre South.

Requisition List for Draw No. 3 Lakewood Centre & NW Sector Series 2018 Bond
On MOTION by Mr. Bedford, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 3 for Lakewood Centre & NW Sector.

Requisition List No. 4 Northeast Sector Phase lB Series 2018 Bond

On MOTION by Mr. Bedford, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Requisition List No. 4 for Northeast Sector Phase l B.

Requisition List No. 45
The Villages of Lakewood Ranch South
- Pre-Funding
On MOTION by Mr. Bedford, seconded by Mr. Schier, 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. 45 for The Villages of Lakewood Ranch South.
Requisition List for Draw No. 38
The Villages of Lakewood Ranch South
- Series 2016 A Bond
On MOTION by Mr. Bedford, seconded by Mr. Schier, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 38 for The Villages of Lakewood Ranch South-Series 2016 A.
NINTH ORDER OF BUSINESS	Compilation Report
No Comments

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TENTH ORDER OF BUSINESS	Staff Reports Manager's Report - No Report
Attorney's Report -
Ms. Warren noted that District Counsel will be monitoring the legislative session and keep the Board apprised on any changes affecting special districts.
Engineer's Report -
Mr. Engel presented for the Board's approval:	Change Order No. 61 under Specific
Authorization No. 77 Stantec
44th Avenue East Phase 5 and Uihlein Road Phase 3 Project
On MOTION by Mr. Bedford, seconded by Mr. Chiofalo, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 61 under Specific Authorization No. 77, Stantec.

Change Order No. 1
E.T. MacKenzie of Florida, Inc. Waterside East-West Utilities Deduction for Owner direct purchase of materials
On MOTION by Mr. Chiofalo, seconded by Mr. Bedford, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 1, E.T. MacKenzie of Florida, Inc.

ELEVENTH ORDER OF BUSINESS	Supervisor Requests
There were no Supervisor requests.
TWELFTH ORDER OF BUSINESS	Audience Comments
There were no audience comments.
THIRTEENTH ORDER OF BUSINESS	Adjournment
Mr. Jensen asked for a motion to adjourn the meeting.

On MOTION by Mr. Bedford, seconded by Mr. Schier, with all in favor, the Board of Supervisors of Lakewood Ranch Stewardship District moved to adjourn the March 1, 2019 meeting.

Secretary/Assistant Secretary
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