Lakewood Ranch Stewardship District
12051 Corporate Blvd, Orlando, Florida 32817; 407.723.5900 www.lakewoodranchstewardship.com

BOARD OF SUPERVISORS	Friday, September 4, 2020 9:00 a.m.
LAKEWOOD RANCH	Schroeder-Manatee Ranch, Inc.
STEWARDSHIP DISTRICT	14400 Covenant Way
Lakewood Ranch, FL 34202

Due to the COVID-19 Executive Order 20-179 (attached to this agenda) extending Executive Order 20-69, the meeting will be conducted by means of communications media technology, such as telephonic conferencing, per the information below:
Number:	1-844-621-3956
Participant code:	791 375 709# BOARD OF SUPERVISORS MEETING AGENDA
Call to Order / Roll Call
Public Comment Period [for any members of the public desiring to speak on any proposition before the Board]

Consent Agenda
Consideration of Minutes of the August 7, 2020 Board of Supervisors Meeting
Consideration of Supplemental Disclosure of Public Financing (Country Club East Project – Series 2020 Refunding Bonds)
Engineer’s Report
Change Order No. 5 Ryangolf Corporation
Uihlein Road Phase 3 with SR-64
Raise grades at intersection with Academic. Add length to Star Farms Turn Lanes
Change Order No. 85 Under Specific Authorization No. 77 Stantec
44th Avenue East Phase 5 and Uihlein Road Phase 3 Project
Change Order No. 86 Under Specific Authorization No. 69 Stantec
The Masters Avenue Extension East (Players Drive to Bourneside Boulevard)
Change Order No. 87 Under Specific Authorization No. 91 Stantec
East-West Force Main and Water Main Extension Project
Business Matters
Consideration of Financing Matters Relative to the Taxable Series 2020 Refunding Bonds, Lakewood Centre and NW Sector

Presentation of Supplemental Assessment Methodology Report
Consideration of Resolution 2020-36, Supplemental Assessment Resolution
Other Matters (provided under separate cover)
Consideration of Financing Matters Relative to the Azario Project, Series 2020 Bonds
Resolution 2020-37, Amending Resolution 2020-35, Delegation Resolution (provided under separate cover)
Presentation of Supplemental Assessment Methodology Report
Resolution 2020-38, Supplemental Assessment Resolution
Other Matters (provided under separate cover)
Consideration of Financing Matters Relative to the Lorraine Lakes Project, Series 2020 Bonds
Presentation of Supplemental Assessment Methodology Report
Consideration of Resolution 2020-39, Delegation Resolution
Thirtieth Supplemental Trust Indenture
Bond Purchase Contract
Preliminary Limited Offering Memorandum
Continuing Disclosure Agreement
Other Matters (provided under separate cover)
Consideration of Financing Matters Relative to the Northeast Sector Phase 2B Bonds
Consideration of MBS Capital Markets, LLC IBA Supplement
Other Matters (provided under separate cover)
Consideration of Bid Award for Blue Lake Road
Award Recommendation Letter and Bid Tabulation
Resolution 2020-40, Award of Contract
Consideration of Altec Lakes and Natural Areas, Inc. (ALTEC) Proposal for Biannual Palm Tree Trimming
Consideration of Agreement between the District and Sun State Landscape Management, Inc. for Landscape and Irrigation Maintenance Services (Lorraine Rd. South Extension)
Consideration of Agreement between the District and SMR Farms, LLC for Landscape Installation Services and Materials (Pine Warbler Place Project)
Consideration of First Amendment to Agreement between the District and VGlobalTech for Website Maintenance Services
Consideration of First Amendment to Agreement between the District and PFM for District Management Services

Financial Matters
Draw Requests (provided under separate cover)
Compilation Report (provided under separate cover)

Other Business
Staff Reports
Manager’s Report
Attorney’s Report
Engineer’s Report
Specific Authorization No. 118 Stantec
Services Associated with the Lakewood Ranch Stewardship District Lakewood Centre CORE Roadways
Audience Comments Adjournment

LAKEWOOD RANCH STEWARDSHIP DISTRICT BOARD OF SUPERVISORS MEETING AGENDA SEPTEMBER 4, 2020 AT 9:00 A.M.

SCHROEDER-MANATEE RANCH, INC.
14400 Covenant Way  Lakewood Ranch, Florida 34202
Call in Number: 1-844-621-3956	Access Code:  791 375 709#

BOARD OF SUPERVISORS		DISTRICT STAFF	

REX JENSEN	CHAIRMAN	DISTRICT MANAGER  HANK FISHKIND	PFM CONSULTING GROUP LLC TONY CHIOFALO	VICE CHAIRMAN / ASST. SECRETARY	DISTRICT COUNSEL JONATHAN JOHNSON HOPPING GREEN & SAMS SCOTT ALMAND	TREASURER / ASST. SECRETARY	DISTRICT ENGINEER  MIKE KENNEDY	STANTEC
JIM SCHIER	ASSISTANT SECRETARY

ED HUNZEKER	ASSISTANT SECRETARY	HANK FISHKIND	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) 723-5900 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 financial status updates and may approve financial reports, work authorizations, and other financial business items as appropriate. Staff, including the District Manager, District Counsel, and District Engineer, will report 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 advertised 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) 723-5900. 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.

STATE OF FLORIDA
OFFICE OF THE GOVERNOR EXECUTIVE ORDER NUMBER 20-193
(Amending Executive Order 20-179)

WHEREAS, on March 9, 2020, I issued Executive Order 20-52 declaring a state of emergency for the entire State of Florida due to COVID-19; and
WHEREAS, Executive Order 20-69, as amended by Executive Order 20-179, requires amendment to provide local government bodies with additional time to notice their meetings.
NOW, THEREFORE, I, RON DESANTIS, as Governor of Florida, by virtue of the authority vested in me by Article IV, Section (l)(a) of the Florida Constitution, Chapter 252, Florida Statutes, and all other applicable laws, promulgate the following Executive Order to take immediate effect:
Section 1.

Section 3. of Executive Order 20-179 is amended to read, as follows:

Except as amended herein, I hereby extend Executive Order 20-69, as extended by Executive Orders 20-112, 20-123, 20-139 and 20-150, until 12:01 a.m. on October 1, 2020.

ATTEST:

IN TESTIMONY WHEREOF, I have hereunto set my hand and caused the Great Seal of the State of Florida to be affixed, at Tallahassee, this 7th day of	ust, 202	"j;!,

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LAKEWOOD RANCH STEWARDSHIP DISTRICT

Consent Agenda

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Minutes

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

Minutes - Board of Supervisor’s Meeting – by Telephonic Conferencing
August 7, 2020, 9:00 a.m.

Attending and constituting a quorum:

Tony Chiofalo	Board Member
Scott Almand	Board Member
Ed Hunzeker	Board Member Also attending were:
Brent Wilder	PFM Financial Advisors, LLC Kevin Plenzler	PFM Financial Advisors, LLC Jane Gaarlandt	PFM Group Consulting LLC Lindsay Whelan	Hopping Green & Sams Misty Taylor	BMO
Herb Boatner	BMO
Brett Sealy	MBS
Rob Engel	Stantec
Bob Simons	SMR
Roger Aman	SMR
Debbie Byerly	SMR
Mike Dealy	US Bank

FIRST ORDER OF BUSINESS	Call to Order and Roll Call

Ms. Gaarlandt 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	Consent Agenda

Consideration of Minutes of the July 10, 2020 Board of Supervisors Meeting

Pulled - Consideration of Amended and Restated Disclosure of Public Financing (provided under separate cover)

Engineer’s Report

Change Order No. 2 SMR Farms, LLC Lorraine Road South
Additional Crape Myrtle trees requested on project

Change Order No. 3 SMR Farms, LLC
44th Ave E (Lorraine to Uihlein)

1

Additional items requested per Louis Lawman; additional trees, plants & mulch

Change Order No. 83 Under Specific Authorization No. 100
Stantec
School Avenue FDOT Connection Permitting

Ms. Whelan suggested pulling item 2 on the consent agenda.

On MOTION by Mr. Hunzeker, seconded by Almand, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the remaining items on the consent agenda.

THIRD ORDER OF BUSINESS	Administrative Matters

Consideration of Resolution 2020-31, Adopting fiscal Year 2021 Regular Meeting Schedule

Mr. Chiofalo presented the resolution setting the meeting schedule for the upcoming fiscal year.

On MOTION by Mr. Hunzeker, seconded by Almand, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District Resolution 2020-31, Adopting Fiscal Year 2021 Regular Meeting Schedule.

FOURTH ORDER OF BUSINESS	Business Matters

Public Hearing on the Adoption of the District’s Fiscal Year 2020-2021 Budgets and the Imposition of Operations and Maintenance Special Assessments
Public Comments
Board Comments
Consideration of Resolution 2020- 32, Relating to the Annual Appropriations and Adopting the Fiscal Year 2020-2021 Budgets
Resolution 2020-33, Imposing Special Assessments and Certifying an Assessment Roll for the Fiscal Year 2020-2021

On MOTION by Mr. Almand, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District opened the public hearing.

There were no comments from the public.

Mr. Chiofalo noted for the record that there were no changes to the proposed budgets previously presented to the Board. Mr. Almand confirmed.

On MOTION by Mr. Almand, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Resolution 2020-32, Relating to the Annual Appropriations and Adopting the Fiscal Year 2020-2021 Budgets.

On MOTION by Mr. Almand, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Resolution 2020-33, Imposing Special Assessments and Certifying an Assessment Roll for the Fiscal Year 2020-2021.

On MOTION by Mr. Almand, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District closed the public hearing.

FIFTH ORDER OF BUSINESS	Consideration of PFM Fee Letter

Mr. Chiofalo noted that the requested increase was consistent with the adopted budget.

On MOTION by Mr. Almand, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the PFM requested fee increase.

SIXTH ORDER OF BUSINESS	Consideration of Resolution 2020-34, Ratifying the Sale of the Series 2020 Refunding Bonds, Country Club East

Ms. Whelan reviewed the resolution ratifying actions taken relative to the sale of the bonds.

On MOTION by Mr. Hunzeker, seconded by Mr. Almand with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Resolution 2020-34, ratifying the sale of the Series 2020 Refunding Bonds, Country Club East.

SEVENTH ORDER OF BUSINESS	Consideration of Financing Matters  Relative to the Taxable Series 2020 Refinancing Bonds, Lakewood Centre and NW Sector
Financing Update
Other	Matters	(provided	under separate cover)

Mr. Sealy noted that the Board had previously by a delegation resolution authorized to proceed with the taxable advance refunding scenario, however, as a result of the adverse conditions to the market, the transaction was put on hold. At this time the market conditions have improved, and the options previously presented have been updated accordingly. Legislative change relative to taxable exempt refunding is still unsure. Mr. Wilder noted that staff has been monitoring the situation and given the limited time frame there is little room for legislative changes. Mr. Sealy confirmed that there would be enough time to include the saving on the tax roll. Ms. Taylor confirmed that as long as the actions taken are within the parameters of the previously adopted delegation resolution there should be no issues with moving forward.

On MOTION by Mr. Hunzeker, seconded by Mr. Almand with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District authorized District Staff to proceed with the Taxable Advance Refunding option relative to the refunding for the Lakewood Centre and NW Sector.

EIGHTH ORDER OF BUSINESS	Consideration of Financing Matters  Relative to the Azario Project, Series 2020 Bonds
MBS	Capital	Markets,	LLC IBA Supplement
Presentation Engineer’s Report
Presentation	of	Supplemental Assessment Methodology Report
Resolution	2020-35,	Delegation Resolution
Twenty-Eight Supplemental Indenture
Bond Purchase Contract

Preliminary Limited Offering Memorandum
Continuing	Disclosure Agreement
Other	Matters	(provided	under separate cover)

Mr. Sealy presented the IBA supplement specific to the project.

On MOTION by Mr. Hunzeker, seconded by Mr. Almand, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the MBS Capital Markets, LLC IBA Supplement.

Ms. Whelan noted that this is a second series under the same project that was established last year and there is a need to adopt a restated and amended engineer’s report. The overall capital improvement plan scope of work and dollar amount has not been revised, so the only changes to the document are updating the permitting section as well as the phasing matrix.
Mr. Engel confirmed that Stantec has reviewed the revised report.

On MOTION by Mr. Hunzeker, seconded by Mr. Almand with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the Amended and Restated Engineer’s Report.

Mr. Plenzler presented details of the Supplemental Methodology Report noting that the report is consistent with the amended and restated engineer’s report. Mr. Plenzler noted that there is a July 30th document that has an updated Section 2.4 that describes delivery of contribution of infrastructure improvements associated with the Park East lots in order to pay down the debt assessments that otherwise would be levied against those lots which will be included in the final document.

On MOTION by Mr. Almand, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District Approved the Supplemental Assessment Methodology Report.

Ms. Taylor reviewed the delegation resolution and its exhibits.

On MOTION by Mr. Almand, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Resolution 2020-35, Delegation Resolution.

There were no additional items to consider.

NINTH ORDER OF BUSINESS	Consideration of Agreement between the District and Irrigation Design Associates, Inc. for Irrigation Installation Services and Materials
Pine Warbler Place; Sarasota Sector
Academic Avenue and Lighterwood Trail; Northeast Sector

Mr. Engel presented the agreement with IDA for Pine Warbler Place. Total amount $38,140.00.

On MOTION by Mr. Hunzeker, seconded by Mr. Almand, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District Approved the agreement with IDA for Pine Warbler Place.

Mr. Engel presented the agreement with IDA for Academic Avenue and Lighterwood Trail. Total amount
$90,455.00.

On MOTION by Mr. Almand, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District Approved the agreement with IDA for Academic Avenue and Lighterwood Trail.

TENTH ORDER OF BUSINESS	Financial Matters

Mr. Almand presented for the Board’s Consideration:

Draw Requests & Requisitions

Requisition #453 Country Club East (CCE) Series 2006 Bond

On MOTION by Mr. Chiofalo, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Requisition No. 453 for Country Club East.

Requisition List for Draw No. 35 Del Webb
Series 2017 Bond

On MOTION by Mr. Chiofalo, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Requisition List No. 35 for Del Webb.

Requisition List for Draw No. 20 Lakewood Centre & NW Sector Series 2018 Bond

On MOTION by Mr. Chiofalo, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 20 for Lakewood Centre & NW Sector.

Requisition List for Draw No. 36 Lakewood Centre South
Pre-Funding

On MOTION by Mr. Chiofalo, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 36, Lakewood Centre South – Pre-Funding.

Requisition List for Draw No. 13 Lakewood Centre North
Pre-Funding

On MOTION by Mr. Chiofalo, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 13, Lakewood Centre North – Pre-Funding.

Requisition List for Draw No. 8 Lakewood National and Polo Run Project Series 2017 Bond

On MOTION by Mr. Chiofalo, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Requisition List No. 8 for Lakewood National and Polo Run Project.

Requisition List for Draw No. 8
The Villages of Lakewood Ranch South Pre-Funding - Landowner/County Construction Funding Agreement

On MOTION by Mr. Chiofalo, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District accepted the Construction Funding and approved payment of Requisition List No. 8 for The Villages of Lakewood Ranch South.

Requisition List for Draw No. 18 Northeast Sector
2017 Note

On MOTION by Mr. Chiofalo, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Requisition List No. 18 for Northeast Sector.

ELEVENTH ORDER OF BUSINESS	Compilation Report

No Comments

TWELFTH ORDER OF BUSINESS	Staff Reports

Manager’s Report – No Report

Attorney’s Report – Ms. Whelan noted that Counsel continues to monitor the Executive Orders.

Engineer’s Report – Mr. Engel presented for the Board’s approval:

Change	Order	No.	84	Under	Specific Authorization No. 112
Stantec
General	District	Engineering	Services (Fiscal Year 2019-2020)

On MOTION by Mr. Chiofalo, seconded by Mr. Almand, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 84 Under Specific Authorization No. 112, Stantec.

Change	Order	No.	85	Under	Specific Authorization No. 76
Stantec
Waterside Master Utilities – Miscellaneous Services Project

On MOTION by Mr. Chiofalo, seconded by Mr. Almand, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 85 Under Specific Authorization No. 76, Stantec.

Proposal
Westcoast Electric Services, Inc.
Pine Warbler Boulevard Street Lighting Install 9 Street Lights and Poles

On MOTION by Mr. Chiofalo, seconded by Mr. Almand, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the proposal for Pine Warbler Boulevard Street Lighting, Westcoast Electric Services, Inc.

THIRTEENTH ORDER OF BUSINESS	Supervisor Requests

There were no Supervisor requests.

FOURTEENTH ORDER OF BUSINESS	Audience Comments

There were no audience comments.

FIFTEENTH ORDER OF BUSINESS	Adjournment

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

On MOTION by Mr. Almand, seconded by Mr. Hunzeker, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District moved to adjourn the August 7, 2020 meeting

 	_ 	_	 	_	 Secretary/Assistant Secretary		Chairperson/Vice-Chairperson

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Supplemental Disclosure of Public Financing (Country Club East Project – Series 2020 Refunding Bonds)

This Instrument Prepared by and return to:

Lakewood Ranch Stewardship District c/o PFM Group Consulting, LLC 12051 Corporate Blvd.
Orlando, Florida 32817

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

SUPPLEMENTAL DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY
THE LAKEWOOD RANCH STEWARDSHIP DISTRICT [COUNTRY CLUB EAST PROJECT – SERIES 2020 REFUNDING BONDS]

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

Ed Hunzeker Assistant Secretary

PFM Group Consulting, LLC District Manager
12051 Corporate Blvd.
Orlando, Florida 32817
(407) 723-5900

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.

1	This list reflects the composition of the Board of Supervisors and Officers as of August 1, 2020. For a current list, please contact the District Manager or visit http://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
Assessments, Fees, and Charges	3
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 certain 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 Chapter 2005-338, Laws of Florida. Unlike city and county governments, the District has only certain 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 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 currently 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, Chapter 2018-178, Laws of Florida, and Chapter 2019-180, Laws of Florida. The District currently encompasses approximately 25,605 acres of land located within the jurisdictional boundaries of Manatee and Sarasota Counties, Florida. The portion of the District known as the Country Club East development consists of approximately 851 acres. 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 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 participation is permitted. 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 25,605 acres of land located in Manatee and Sarasota Counties. The portion of the District being developed with certain proceeds of Special Assessment Revenue Bonds is known as “Country Club East Project” and consists of approximately 851 acres located in Manatee County. The development is a mixed- use development with residential and recreational uses. The public infrastructure necessary to support the development program within the development includes, but is not limited to, the following: a drainage system and stormwater management system (i.e. lakes, control structures, etc.), landscaping, lighting, recreation (i.e. parks, trails, swim, etc.), decorative walls, fences, potable water systems, sanitary sewer systems, and irrigation facilities. These infrastructure improvements are described in the Disclosure of Public Financing and Maintenance of Improvements to Real Property Undertaken by the Lakewood Ranch Stewardship District [Country Club East Project], which has been previously recorded in Book 2282, Page 7658 of  the Official Records of Manatee County. Further information can be obtained from the District's Engineer’s Report on file in the District's public records. These improvements have been or will be funded by the District’s sale of special assessment bonds (discussed below).

On June 19, 2006, the District issued $27,215,000 Lakewood Ranch Stewardship District Special Assessment Revenue Bonds, Series 2006 (“Country Club East Project”) (the “Series 2006 Bonds”) for the purpose of: (1) financing a portion of the costs associated with the acquisition and construction of certain infrastructure improvements (described below); (2) funding the 2006 Reserve Account in an amount equal to the 2006 Reserve Account Requirement; and (3) paying interest accruing on the Bonds through November 1, 2007; and (4) paying certain costs associated with the issuance of the Series 2006 Bonds.

On August 5, 2013, the District issued $8,500,000 Lakewood Ranch Stewardship District Special Assessment Revenue Bonds, Series 2013A (“Country Club East Project”) (the “Series 2013A Bonds”) for the purpose of: (1) financing a portion of the costs associated with the acquisition and construction of certain infrastructure improvements described below; (2) funding the 2013A Reserve Account in an amount equal to the 2013A Reserve Account Requirement;

and (3) capitalize a portion of the interest to accrue on the 2013A Bonds; and (4) paying certain costs associated with the issuance of the Series 2013A Bonds.

On October 14, 2013, the District issued $12,145,000 Lakewood Ranch Stewardship District Special Assessment Revenue Bonds, Series 2014 (“County Club East Project”) (the “Series 2014 Bonds”) for the purpose of: (1) financing a portion of the costs associated with the acquisition, construction, installation and equipping certain infrastructure improvements described below; (2) funding the 2014 Reserve Account in an amount equal to the 2014 Reserve Account Requirement; (3) capitalize a portion of the interest to accrue on the 2014 Bonds; and
(4) paying certain costs associated with the issuance of the Series 2014 Bonds.

On July 15, 2020, the District issued $19,195,000 Lakewood Ranch Stewardship District Special Assessment Revenue Refunding Bonds, Series 2020 (Country Club East Club Project) (“Series 2020 Refunding Bonds”) for the purpose of (i) refunding and redeeming all of the outstanding Series 2006 Bonds; (ii) paying certain costs associated with the issuance of the Series 2020 Refunding Bonds; (iii) purchasing the Reserve Policy and making a deposit into the 2020 Reserve Account; and (iv) paying a portion of the interest first coming due on the Series 2020 Refunding Bonds. The legal description of the lands encompassed within the Series 2020 Refunding Bonds assessment area of the District is attached hereto as Exhibit A.

Assessments, Fees, and Charges

The costs of acquisition or construction of a portion of the infrastructure improvements have been financed by the District through the sale of its Series 2006 Bonds, Series 2013A Bonds, and Series 2014 Bonds. The Series 2020 Refunding Bonds will refinance and refund the Series 2006 Bonds, resulting in a reduction in the special assessment amounts for those units upon which the Series 2006 Bonds special assessments were levied. The annual debt service payments, including interest due thereon, are payable solely from and secured by the levy of non-ad valorem or special assessments against lands within the District which benefit from the construction, acquisition, establishment and operation of the District’s improvements.  The annual debt service obligations of the District which must be defrayed by annual assessments upon each parcel of land or platted lot will depend upon the type of property purchased. Interested persons are encouraged to contact the District Manager for information regarding special assessments on a particular lot or parcel of lands. A copy of the District’s assessment methodology and assessment roll are available for review in the District’s public records.

The current maximum annual debt assessment for the Series 2013A Bonds and Series 2014 Bonds are described in the Amended and Restated Disclosure of Public Financing and Maintenance of Improvements to Real Property Undertaken by the Lakewood Ranch Stewardship District [Country Club East Project], which has been previously recorded in Book 2497, Page 1377 of the Official Records of Manatee County, and the First Amended and Restated Disclosure of Public Financing and Maintenance of Improvements to Real Property Undertaken by the Lakewood Ranch Stewardship District [Country Club East Project], which has been previously recorded in Book 2555, Page 1359 of the Official Records of Manatee County, respectively.

Provided below are the current maximum annual assessment levels for the Series 2020 Refunding Bonds:

The District may undertake the construction, acquisition, or installation of other future improvements and facilities, which may be financed by bonds, notes, or other methods authorized by 2005-338, Laws of Florida. More information can be obtained from the Improvement Plan, as revised, on file with the District.

The amounts 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 collected in the same manner  as county ad valorem taxes.

A detailed description of all costs and allocations which result in the formulation of assessments, fees and charges are available for public inspection upon request.

Method of Collection

The District's special and maintenance assessments may appear on that portion of the annual real estate tax bill entitled "non-ad valorem assessments," and will 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 certificates which, if not timely redeemed, may result in the loss of title to the property.

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 important 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 information about the District, please write to PFM Group Consulting, LLC, 12051 Corporate Blvd., Orlando, Florida 32817, or call (407) 723-5900.

IN WITNESS WHEREOF, this Supplemental Disclosure of Public Financing and Maintenance of Improvements to Real Property Undertaken [Country Club East – Series 2020 Refunding Bonds] has been executed as  of the 	day of September, 2020, and recorded in the Official Records of Manatee County, Florida.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

By:		 Rex Jensen, Chairman

Witness	Witness

Print Name	Print Name

STATE OF FLORIDA
COUNTY OF  	

Affirmed and subscribed before me by means of  physical presence or  online notarization, this day of September, 2020 by Rex Jensen as Chairman of Lakewood Ranch Stewardship District, who is personally known to me or who has produced
 	 as identification. [Notary Seal]

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

Exhibit A: Legal Description

Exhibit A

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Engineer's Report

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Change Order No. 5 Ryangolf Corporation

Change Order
No. 	5	

Date of Issuance:      August 27, 2020	Effective Date:     September 4, 2020	

Project: Uihlein Road Phase 3 with SR-64 FDOT Turn Lanes	Owner: Lakewood Ranch Stewardship District	Owner's Contract No.:	
Contract: $6,978,473.41	Date of Contract: February 3, 2020	
Contractor: Ryangolf Corporation	Engineer's Project No.: 215613728	

The Contract Documents are modified as follows upon execution of this Change Order:

Description:

Raise grades at intersection with Academic. Add Length to Star Farms Turn Lanes

Attachments: (List documents supporting change):

Ryangolf Corporation CO-6 dated 8/20/2020.

 	CHANGE IN CONTRACT PRICE:		 	CHANGE IN CONTRACT TIMES:		
Original Contract Price:	Original Contract Times:	 Working days	 Calendar days	
Substantial completion (days or date): 	270 Days		
$ 6,978,473.41		Ready for final payment (days or date):     300 Days		
[Increase] [Decrease] from previously approved Change Orders No. 	1	to No. 	4	:	[Increase] [Decrease] from previously approved Change Orders No. 	1	to No. 	4	:	
Substantial completion (days):  		
$ (992,428.88)	Ready for final payment (days):  		

Contract Price prior to this Change Order:	
Contract Times prior to this Change Order:		
Substantial completion (days or date): 	270 Days		
$ 5,986,044.53		Ready for final payment (days or date):     300 Days		

[Increase] [Decrease] of this Change Order:	
[Increase] [Decrease] of this Change Order:		
Substantial completion (days or date):  		
$ 	29,250.00		Ready for final payment (days or date):  		

Contract Price incorporating this Change Order:	
Contract Times with all approved Change Orders:	
Substantial completion (days or date): 	270 Days (10/30/2020)		
$ 6,015,294.53		Ready for final payment (days or date):     300 Days (11/29/2020)		

RECOMMENDED:	ACCEPTED:	ACCEPTED:	
By:  		By:  		By:  		
Engineer (Authorized Signature)	Owner (Authorized Signature)	Contractor (Authorized Signature)	
Date:  		Date:  		Date:  		

Approved by Funding Agency (if applicable):    			
Date:	

V:\2156\active\215613728\civil\construction_phase_documents\change_orders\uihlein_3_sr-64-turn\con_uihlein-3_sr-64-fdot-trn-ln_co-5_29250_raise-grd_longer-turn-lane_ejcdc_c941_ryangolf_kel_20200827.docx

EJCDC No. C-941 (2002 Edition)	Page 1 of 1
Prepared by the Engineers' Joint Contract Documents Committee and endorsed by the Associated General Contractors of America and the Construction Specifications Institute.

PROJECT:	CONTRACT CHANGE ORDER #6

UIHLEIN ROAD-PHASE Ill - SR-64 & UIH LE IN FOOT TU RN LANE ADDITIONS	
CONTRACT FOR: LAKEWOOD RANCH STEWARDSHIP DISTRICT	
CONTRACTOR:
ENGINEER:	RYANGOLF CORPORATION	
		
Condi t ions: The ch ange s described herein shall be governed by the terms and conditi ons of the Contract, and shall not In any way alter the terms of the Contract, but shallhereafter be a part of the Contract.	
ITEM
NO, IDESCRIPTION	I	
QUANTITY	I	
U NIT	I	
PRICE	I	AMOUNT
(+)(-)	
ADDITIONS

Raise Grades @-  Intersection w/Academlc Road

1	Construction Stakeout	1	LS	2,800.00	$2,800.00	
2	Load, haul & Place from Lake 31 Stockpile to FIiis	2351	CY	1.85	$4,349.35	
3	Place and compact	2351	CY	0.55	$1,293.05	
4	12" Stabilized Subgrade - Purchase Stabilizer	440	TONS	18.00	$7,920.00	
5	12" Stablllzed Subgrade • Subgrade Comp & spread	5000	SY	1.10	$5,500.00	
6	12" Stabilized Subgrade - Mixing & Compaction	5000	SY	o.oo	INCLUDED	
	Additional Length to Star Farms Turnlanes					
7	Construction Stakeout	1	LS	800.00	$800.00	
8	2.5" Type S-1 Asphaltlc Concrete ( First Lift)	130	SY	11.40	$1,482.00	
9	1" S-3 Asphaltlc Concrete ( Second Lift)	130	SY	5.80	$754.00	
10	Road Base ( FOOT Group 9)	130	SY	15.75	$2,047.50	
11	12" Stablllzed Subgrade ( Min. LBR 60)	190	SY	7.00	$1,330.00	
12	Traffi c Control Striping and Pavement Mark ings	1	LS	$975.00	$975.00	

29,250 .90
CREDITS

REASON FOR CHANGE:

/I
/    /   .

/	17 .

/,}

.

/

A

I

,

1
2
3
4
5
6
7
8
9
10				
11			
0.00	
Contract Time Prior	Net Inc rease/Decrease			
to this Change Order	from this Change Or der	$29,250.90		
Net In crease/Decrease from this Change Order	Contract Total Prior to this Change Order	
$	6,006,064.53		
Current Contract Time	Current Contract Total			
Including this Change Order	Inc ludi ng this Change Order	$6,035,315.43

ACCEPTABLE TO:	/)l;;r  ifc,c. 		Date:	�/2.lJ/ )_fJ
Co ',r'to'V'eprsenttive

RECOMMENDED BY:	Da te:
Engin eer ' s Representative

APPROVED BY:	Date:

Representati ve		

I

Original Contract Sum	$6,978,473.41		
Net Change to Contract Sum Including thi s Change Order $	(943,157.98)	OK	

August 21, 2020

Stantec Consulting Services Inc. 6900 Professional Parkway East Sarasota FL 34240-8414
Tel: (941) 907-6900
Fax: (941) 907-6910

Via: E-Mail (rex.jensen@smrranch.com)

File: 215613728

Lakewood Ranch Stewardship District 14400 Covenant Way
Lakewood Ranch, FL 34202

Attn:	Mr. Rex Jensen
Chairman

Reference: Change Order No. 85 Under Specific Authorization No. 77 44th Avenue East Phase 5 and Uihlein Road Phase 3 Project

Dear Mr. Jensen:

Due to ongoing project needs and changes influenced by adjacent developments, Stantec is requesting approval to proceed with the additional professional services as follows:

Existing Task 220 – Plans/ Permit Preparation
We have exceeded the budget due to ongoing comments from Transportation and Utility Departments as well as construction plan modifications for turn lane revisions influenced by Azario development to the west and four-star development to the east. We are therefore requesting an increase of $7,500, bringing the total fixed fee budget for this task to $544,500.

Existing Task 230 – Permit Processing
We have exceeded the budget due to ongoing comments related to Transportation comment Environmental, Stormwater and Utility Departments for the construction plan modification submittal. We are therefore requesting an increase of $5,000 to the budget of this time and materials task bringing the total budget to $92,000.

Existing Task 260 – FDOT Permit Processing
Due to ongoing comments from the Florida Department of Transportation related to the drainage connection and access management submittals, we have exceeded the budget and are requesting an increase to address ongoing project coordination, plan modifications, and drainage calculation and modeling revisions related to turn lane improvements at the intersection of State Road 64 and Uihlien Road.
We therefore request an additional $32,000 to be added to this time and materials task bringing the total budget to $57,000.

CO 85 to SA 77
Lakewood Ranch Stewardship District 44th Ave E, Ph 5 & Uihlein Rd Ph 3 Page 2 of 2

Existing Task 420 – Miscellaneous Sketch & Descriptions
Due to ongoing project needs and the additional sketch and descriptions needed to satisfy the Florida Department of Transportation drainage easement concerns, we have exceeded the budget and are therefore requesting an increase of $2,000. This increase will bring the total for this task to $6,500.

* Time and Material (T/M) estimates are based upon past experience but the actual fee may be more or less due to factors outside of Stantec’s control.

S.A. Contract to Date	$ 958,500	
Increase this Change Order	$ 	46,500	
New Contract Sum	$ 1,005,000	

  Stantec Consulting Services Inc.		 Lakewood Ranch Stewardship District	

  6900 Professional Parkway East		 14400 Covenant Way	

By

  Sarasota, FL 34240	

  Lakewood Ranch, FL 34202	

By

By

  8/21/2020	
Date

 		 Date

  8/21/2020	
Date

SCHEDULE OF FEES
Effective January 1, 2020

Staff Level	Rate	
Level 3	$ 98.00	
Level 4	$ 108.00	
Level 5	$ 123.00	
Level 6	$ 127.00	
Level 7	$ 132.00	
Level 8	$ 143.00	
Level 9	$ 149.00	
Level 10	$ 154.00	
Level 11	$ 165.00	
Level 12	$ 174.00	
Level 13	$ 183.00	
Level 14	$ 192.00	
Level 15	$ 204.00	
Level 16	$ 225.00	
Level 17	$ 232.00	
Level 18	$ 239.00	
Level 19	$ 248.00	
Level 20	$ 258.00	
Level 21	$ 274.00	
1 Person Field Crew	$ 95.00	
2 Person Field Crew	$ 135.00	
3 Person Field Crew	$ 155.00	
4 Person Field Crew	$ 175.00	

Unit billings, such as printing and survey materials, will be billed at standard rates. All other out-of- pocket expenses will be billed at cost +10%.

August 26, 2020

Stantec Consulting Services Inc. 6900 Professional Parkway East Sarasota FL 34240-8414
Tel: (941) 907-6900
Fax: (941) 907-6910

Via: Hand Delivery and E-Mail (rex.jensen@smrranch.com)

File:	215613369

Lakewood Ranch Stewardship District 14400 Covenant Way
Lakewood Ranch, FL 34202

Attn:	Mr. Rex Jensen
Chairman of the Board

Reference: Change Order No. 86 Under Specific Authorization No. 69
The Masters Avenue Extension East (Players Drive to Bourneside Boulevard)

Dear Mr. Jensen:

Stantec is requesting approval for the following tasks for additional services related to the The Masters Avenue Extension East Project.

Existing Task 210 – Meetings

Due to additional coordination required with Manatee County regarding utility turnover issues related to Masters Avenue, we have exceeded the budget for this task by $49 and are requesting an increase to balance.

Existing Task 250 – Construction Phase Services

Due to additional plan modifications and inspection related services related to utility turnover issues with Masters Avenue, we have exceeded the budget by $1,020.50 and are therefore asking for an increase to balance.

* Time and Material (T/M) estimates are based upon past experience but the actual fee may be more or less due to factors outside of Stantec’s control.

Unless otherwise specified, charges for SERVICES are based on Stantec’s hourly billing rate table (“Rate Table”), attached hereto. The Rate Table is subject to escalation from time to time. At a minimum, effective each January 1 during the term of this Agreement, Stantec’s charges for SERVICES shall escalate by either (a) the most current Consumer Price Index year over year percentage increase, not seasonally adjusted, for the preceding July, all items, as published by Statistics Canada (for Projects in Canada) plus 1.0%, or (b) the most current Consumer Price Index for All Urban Consumers (CPI-U) year over year percentage increase, not seasonally adjusted, for

CO 86 Under SA 69
The Masters Avenue Extension East Page 2 of 2

the preceding July, as published by the U.S. Bureau of Labor Statistics plus 1.0% (for all other projects).

S.A. Contract to Date	$ 246,300.00	
Increase this Change Order	$	1,069.50	
New Contract Sum	$ 247,369.50	

  Stantec Consulting Services Inc.		 Lakewood Ranch Stewardship District	

  6900 Professional Parkway East		 14400 Covenant Way	

  Sarasota, FL 34240	

By

  Lakewood Ranch, FL 34202	

By

 	August 26, 2020		 	

Date

By

Date

     August 26, 2020	
Date

Enclosures:	Schedule of Fees

C:	Bob Simons, LWR Development, LLC Suzanne Fugate, LWR Development, LLC

SCHEDULE OF FEES
Effective January 1, 2020

Staff Level	Rate	
Level 3	$ 98.00	
Level 4	$ 108.00	
Level 5	$ 123.00	
Level 6	$ 127.00	
Level 7	$ 132.00	
Level 8	$ 143.00	
Level 9	$ 149.00	
Level 10	$ 154.00	
Level 11	$ 165.00	
Level 12	$ 174.00	
Level 13	$ 183.00	
Level 14	$ 192.00	
Level 15	$ 204.00	
Level 16	$ 225.00	
Level 17	$ 232.00	
Level 18	$ 239.00	
Level 19	$ 248.00	
Level 20	$ 258.00	
Level 21	$ 274.00	
1 Person Field Crew	$ 95.00	
2 Person Field Crew	$ 135.00	
3 Person Field Crew	$ 155.00	
4 Person Field Crew	$ 175.00	

Unit billings, such as printing and survey materials, will be billed at standard rates. All other out-of- pocket expenses will be billed at cost +10%.

August 27, 2020

File: 215614203

Stantec Consulting Services Inc. 6900 Professional Parkway East Sarasota FL 34240-8414
Tel: (941) 907-6900
Fax: (941) 907-6910

Via: E-Mail (rex.jensen@smrranch.com)

Lakewood Ranch Stewardship District 14400 Covenant Way
Lakewood Ranch, FL 34202

Attn:	Mr. Rex Jensen
Chairman of the Board

Reference: Change Order No. 87 Under Specific Authorization No. 91 East-West Force Main and Water Main Extension Project

Dear Mr. Jensen:

Due to ongoing project needs and discussions with Roger Aman, Stantec is requesting approval to proceed with the following additional professional services:
Existing Task 320 – Lift Station Permit Processing
We are requesting additional budget for this task due to the ongoing permitting of proposed Lift Station #12. This additional budget is needed to respond to permit review comments from Sarasota County and FDEP/ SWFWMD.
We request that an additional $5,000 T/M be added bringing the new estimated fee for this task to
$10,000.
New Task 370 – Lift Station Bidding Services
Stantec will provide technical specifications, quantity take-off figures and a bid schedule for the Lift Station. One quantity take-off and opinion of probable cost for the Client will be provided based on the final construction plans. Engineer’s Opinion of Probable Cost (OPC) will be prepared as well as an OPC for the required Bonds for the project. Stantec will prepare contract documents and conduct a public bid that will be provided to pre-qualified list of contractors. The public bid process will include an invitation to bid; a Pre-Bid meeting; issuing bid Addenda; public bid opening; tabulating the bids; bid evaluation; Notice of Award, preparation of final contract documents; coordination of contract execution; and issuing of Notice to Proceed. Task includes providing Client with a bid tabulation of the received bids. We are requesting a Fixed Fee of $7,500 for this task.
New Task 380 – Lift Station Construction Phase Services
Stantec will provide construction observation, review test reports and shop drawing review. We are proposing a T/M fee of $12,000 for this task.

CO 87 to SA 91
Lakewood Ranch Stewardship District
East-West Force Main and Water Main Ext. Page 2 of 2

New Task 390 – Lift Station Certifications
Stantec will provide certifications to Sarasota County and FDEP as required. Signed and sealed record drawings will be provided by the Client’s or contractor’s surveyor that meet Sarasota County and FDEP requirements. Task includes preparing and submitting Certification package to Sarasota County and FDEP. We are proposing a Fixed Fee of $5,000 for this task.
* Time and Material (T/M) estimates are based upon past experience but the actual fee may be more or less due to factors outside of Stantec’s control.

Unless otherwise specified, charges for SERVICES are based on Stantec’s hourly billing rate table (“Rate Table”), attached hereto. The Rate Table is subject to escalation from time to time. At a minimum, effective each January 1 during the term of this Agreement, Stantec’s charges for SERVICES shall escalate by either (a) the most current Consumer Price Index year over year percentage increase, not seasonally adjusted, for the preceding July, all items, as published by Statistics Canada (for Projects in Canada) plus 1.0%, or (b) the most current Consumer Price Index for All Urban Consumers (CPI-U) year over year percentage increase, not seasonally adjusted, for the preceding July, as published by the U.S. Bureau of Labor Statistics plus 1.0% (for all other projects).

S.A. Contract to Date	$ 200,000	
Increase this Change Order	$ 29,500	
New Contract Sum	$ 229,500	

  Stantec Consulting Services Inc.		 Lakewood Ranch Stewardship District	

  6900 Professional Parkway East		 14400 Covenant Way	

Sarasota, FL 34240

By

  Lakewood Ranch, FL 34202	

August 27, 2020

By Date

By

Date

    August 27, 2020	 Date

SCHEDULE OF FEES
Effective January 1, 2020

Staff Level	Rate	
Level 3	$ 98.00	
Level 4	$ 108.00	
Level 5	$ 123.00	
Level 6	$ 127.00	
Level 7	$ 132.00	
Level 8	$ 143.00	
Level 9	$ 149.00	
Level 10	$ 154.00	
Level 11	$ 165.00	
Level 12	$ 174.00	
Level 13	$ 183.00	
Level 14	$ 192.00	
Level 15	$ 204.00	
Level 16	$ 225.00	
Level 17	$ 232.00	
Level 18	$ 239.00	
Level 19	$ 248.00	
Level 20	$ 258.00	
Level 21	$ 274.00	
1 Person Field Crew	$ 95.00	
2 Person Field Crew	$ 135.00	
3 Person Field Crew	$ 155.00	
4 Person Field Crew	$ 175.00	

Unit billings, such as printing and survey materials, will be billed at standard rates. All other out-of- pocket expenses will be billed at cost +10%.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Change Order No. 85 Under Specific Authorization No. 77 Stantec

August 21, 2020

Stantec Consulting Services Inc. 6900 Professional Parkway East Sarasota FL 34240-8414
Tel: (941) 907-6900
Fax: (941) 907-6910

Via: E-Mail (rex.jensen@smrranch.com)

File: 215613728

Lakewood Ranch Stewardship District 14400 Covenant Way
Lakewood Ranch, FL 34202

Attn:	Mr. Rex Jensen
Chairman

Reference: Change Order No. 85 Under Specific Authorization No. 77 44th Avenue East Phase 5 and Uihlein Road Phase 3 Project

Dear Mr. Jensen:

Due to ongoing project needs and changes influenced by adjacent developments, Stantec is requesting approval to proceed with the additional professional services as follows:

Existing Task 220 – Plans/ Permit Preparation
We have exceeded the budget due to ongoing comments from Transportation and Utility Departments as well as construction plan modifications for turn lane revisions influenced by Azario development to the west and four-star development to the east. We are therefore requesting an increase of $7,500, bringing the total fixed fee budget for this task to $544,500.

Existing Task 230 – Permit Processing
We have exceeded the budget due to ongoing comments related to Transportation comment Environmental, Stormwater and Utility Departments for the construction plan modification submittal. We are therefore requesting an increase of $5,000 to the budget of this time and materials task bringing the total budget to $92,000.

Existing Task 260 – FDOT Permit Processing
Due to ongoing comments from the Florida Department of Transportation related to the drainage connection and access management submittals, we have exceeded the budget and are requesting an increase to address ongoing project coordination, plan modifications, and drainage calculation and modeling revisions related to turn lane improvements at the intersection of State Road 64 and Uihlien Road.
We therefore request an additional $32,000 to be added to this time and materials task bringing the total budget to $57,000.

CO 85 to SA 77
Lakewood Ranch Stewardship District 44th Ave E, Ph 5 & Uihlein Rd Ph 3 Page 2 of 2

Existing Task 420 – Miscellaneous Sketch & Descriptions
Due to ongoing project needs and the additional sketch and descriptions needed to satisfy the Florida Department of Transportation drainage easement concerns, we have exceeded the budget and are therefore requesting an increase of $2,000. This increase will bring the total for this task to $6,500.

* Time and Material (T/M) estimates are based upon past experience but the actual fee may be more or less due to factors outside of Stantec’s control.

S.A. Contract to Date	$ 958,500	
Increase this Change Order	$ 	46,500	
New Contract Sum	$ 1,005,000	

  Stantec Consulting Services Inc.		 Lakewood Ranch Stewardship District	

  6900 Professional Parkway East		 14400 Covenant Way	

By

  Sarasota, FL 34240	

  Lakewood Ranch, FL 34202	

By

By

  8/21/2020	
Date

 		 Date

  8/21/2020	
Date

SCHEDULE OF FEES
Effective January 1, 2020

Staff Level	Rate	
Level 3	$ 98.00	
Level 4	$ 108.00	
Level 5	$ 123.00	
Level 6	$ 127.00	
Level 7	$ 132.00	
Level 8	$ 143.00	
Level 9	$ 149.00	
Level 10	$ 154.00	
Level 11	$ 165.00	
Level 12	$ 174.00	
Level 13	$ 183.00	
Level 14	$ 192.00	
Level 15	$ 204.00	
Level 16	$ 225.00	
Level 17	$ 232.00	
Level 18	$ 239.00	
Level 19	$ 248.00	
Level 20	$ 258.00	
Level 21	$ 274.00	
1 Person Field Crew	$ 95.00	
2 Person Field Crew	$ 135.00	
3 Person Field Crew	$ 155.00	
4 Person Field Crew	$ 175.00	

Unit billings, such as printing and survey materials, will be billed at standard rates. All other out-of- pocket expenses will be billed at cost +10%.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Change Order No. 86 Under Specific Authorization No. 69 Stantec

August 26, 2020

Stantec Consulting Services Inc. 6900 Professional Parkway East Sarasota FL 34240-8414
Tel: (941) 907-6900
Fax: (941) 907-6910

Via: Hand Delivery and E-Mail (rex.jensen@smrranch.com)

File:	215613369

Lakewood Ranch Stewardship District 14400 Covenant Way
Lakewood Ranch, FL 34202

Attn:	Mr. Rex Jensen
Chairman of the Board

Reference: Change Order No. 86 Under Specific Authorization No. 69
The Masters Avenue Extension East (Players Drive to Bourneside Boulevard)

Dear Mr. Jensen:

Stantec is requesting approval for the following tasks for additional services related to the The Masters Avenue Extension East Project.

Existing Task 210 – Meetings

Due to additional coordination required with Manatee County regarding utility turnover issues related to Masters Avenue, we have exceeded the budget for this task by $49 and are requesting an increase to balance.

Existing Task 250 – Construction Phase Services

Due to additional plan modifications and inspection related services related to utility turnover issues with Masters Avenue, we have exceeded the budget by $1,020.50 and are therefore asking for an increase to balance.

* Time and Material (T/M) estimates are based upon past experience but the actual fee may be more or less due to factors outside of Stantec’s control.

Unless otherwise specified, charges for SERVICES are based on Stantec’s hourly billing rate table (“Rate Table”), attached hereto. The Rate Table is subject to escalation from time to time. At a minimum, effective each January 1 during the term of this Agreement, Stantec’s charges for SERVICES shall escalate by either (a) the most current Consumer Price Index year over year percentage increase, not seasonally adjusted, for the preceding July, all items, as published by Statistics Canada (for Projects in Canada) plus 1.0%, or (b) the most current Consumer Price Index for All Urban Consumers (CPI-U) year over year percentage increase, not seasonally adjusted, for

CO 86 Under SA 69
The Masters Avenue Extension East Page 2 of 2

the preceding July, as published by the U.S. Bureau of Labor Statistics plus 1.0% (for all other projects).

S.A. Contract to Date	$ 246,300.00	
Increase this Change Order	$	1,069.50	
New Contract Sum	$ 247,369.50	

  Stantec Consulting Services Inc.		 Lakewood Ranch Stewardship District	

  6900 Professional Parkway East		 14400 Covenant Way	

  Sarasota, FL 34240	

By

  Lakewood Ranch, FL 34202	

By

 	August 26, 2020		 	

Date

By

Date

     August 26, 2020	
Date

Enclosures:	Schedule of Fees

C:	Bob Simons, LWR Development, LLC Suzanne Fugate, LWR Development, LLC

SCHEDULE OF FEES
Effective January 1, 2020

Staff Level	Rate	
Level 3	$ 98.00	
Level 4	$ 108.00	
Level 5	$ 123.00	
Level 6	$ 127.00	
Level 7	$ 132.00	
Level 8	$ 143.00	
Level 9	$ 149.00	
Level 10	$ 154.00	
Level 11	$ 165.00	
Level 12	$ 174.00	
Level 13	$ 183.00	
Level 14	$ 192.00	
Level 15	$ 204.00	
Level 16	$ 225.00	
Level 17	$ 232.00	
Level 18	$ 239.00	
Level 19	$ 248.00	
Level 20	$ 258.00	
Level 21	$ 274.00	
1 Person Field Crew	$ 95.00	
2 Person Field Crew	$ 135.00	
3 Person Field Crew	$ 155.00	
4 Person Field Crew	$ 175.00	

Unit billings, such as printing and survey materials, will be billed at standard rates. All other out-of- pocket expenses will be billed at cost +10%.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Change Order No. 87 Under Specific Authorization No. 91 Stantec

August 27, 2020

File: 215614203

Stantec Consulting Services Inc. 6900 Professional Parkway East Sarasota FL 34240-8414
Tel: (941) 907-6900
Fax: (941) 907-6910

Via: E-Mail (rex.jensen@smrranch.com)

Lakewood Ranch Stewardship District 14400 Covenant Way
Lakewood Ranch, FL 34202

Attn:	Mr. Rex Jensen
Chairman of the Board

Reference: Change Order No. 87 Under Specific Authorization No. 91 East-West Force Main and Water Main Extension Project

Dear Mr. Jensen:

Due to ongoing project needs and discussions with Roger Aman, Stantec is requesting approval to proceed with the following additional professional services:
Existing Task 320 – Lift Station Permit Processing
We are requesting additional budget for this task due to the ongoing permitting of proposed Lift Station #12. This additional budget is needed to respond to permit review comments from Sarasota County and FDEP/ SWFWMD.
We request that an additional $5,000 T/M be added bringing the new estimated fee for this task to
$10,000.
New Task 370 – Lift Station Bidding Services
Stantec will provide technical specifications, quantity take-off figures and a bid schedule for the Lift Station. One quantity take-off and opinion of probable cost for the Client will be provided based on the final construction plans. Engineer’s Opinion of Probable Cost (OPC) will be prepared as well as an OPC for the required Bonds for the project. Stantec will prepare contract documents and conduct a public bid that will be provided to pre-qualified list of contractors. The public bid process will include an invitation to bid; a Pre-Bid meeting; issuing bid Addenda; public bid opening; tabulating the bids; bid evaluation; Notice of Award, preparation of final contract documents; coordination of contract execution; and issuing of Notice to Proceed. Task includes providing Client with a bid tabulation of the received bids. We are requesting a Fixed Fee of $7,500 for this task.
New Task 380 – Lift Station Construction Phase Services
Stantec will provide construction observation, review test reports and shop drawing review. We are proposing a T/M fee of $12,000 for this task.

CO 87 to SA 91
Lakewood Ranch Stewardship District
East-West Force Main and Water Main Ext. Page 2 of 2

New Task 390 – Lift Station Certifications
Stantec will provide certifications to Sarasota County and FDEP as required. Signed and sealed record drawings will be provided by the Client’s or contractor’s surveyor that meet Sarasota County and FDEP requirements. Task includes preparing and submitting Certification package to Sarasota County and FDEP. We are proposing a Fixed Fee of $5,000 for this task.
* Time and Material (T/M) estimates are based upon past experience but the actual fee may be more or less due to factors outside of Stantec’s control.

Unless otherwise specified, charges for SERVICES are based on Stantec’s hourly billing rate table (“Rate Table”), attached hereto. The Rate Table is subject to escalation from time to time. At a minimum, effective each January 1 during the term of this Agreement, Stantec’s charges for SERVICES shall escalate by either (a) the most current Consumer Price Index year over year percentage increase, not seasonally adjusted, for the preceding July, all items, as published by Statistics Canada (for Projects in Canada) plus 1.0%, or (b) the most current Consumer Price Index for All Urban Consumers (CPI-U) year over year percentage increase, not seasonally adjusted, for the preceding July, as published by the U.S. Bureau of Labor Statistics plus 1.0% (for all other projects).

S.A. Contract to Date	$ 200,000	
Increase this Change Order	$ 29,500	
New Contract Sum	$ 229,500	

  Stantec Consulting Services Inc.		 Lakewood Ranch Stewardship District	

  6900 Professional Parkway East		 14400 Covenant Way	

Sarasota, FL 34240

By

  Lakewood Ranch, FL 34202	

August 27, 2020

By Date

By

Date

    August 27, 2020	 Date

SCHEDULE OF FEES
Effective January 1, 2020

Staff Level	Rate	
Level 3	$ 98.00	
Level 4	$ 108.00	
Level 5	$ 123.00	
Level 6	$ 127.00	
Level 7	$ 132.00	
Level 8	$ 143.00	
Level 9	$ 149.00	
Level 10	$ 154.00	
Level 11	$ 165.00	
Level 12	$ 174.00	
Level 13	$ 183.00	
Level 14	$ 192.00	
Level 15	$ 204.00	
Level 16	$ 225.00	
Level 17	$ 232.00	
Level 18	$ 239.00	
Level 19	$ 248.00	
Level 20	$ 258.00	
Level 21	$ 274.00	
1 Person Field Crew	$ 95.00	
2 Person Field Crew	$ 135.00	
3 Person Field Crew	$ 155.00	
4 Person Field Crew	$ 175.00	

Unit billings, such as printing and survey materials, will be billed at standard rates. All other out-of- pocket expenses will be billed at cost +10%.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Bussiness Matters

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Financing Matters Relative to the Taxable Series 2020 Refunding Bonds, Lakewood Centre and NW Sector

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Supplemental Assessment Methodology Report

SUPPLEMENTAL ASSESSMENT METHODOLOGY REPORT LAKEWOOD RANCH STEWARDSHIP DISTRICT, LAKEWOOD CENTRE AND NORTHWEST SECTOR
TAXABLE SERIES 2020 REFUNDING BONDS

August 2020

Prepared for:

Board of Supervisors,
Lakewood Ranch Stewardship District

Prepared on August 21, 2020

PFM Financial Advisors LLC
12051 Corporate Boulevard
Orlando, FL 32817

SUPPLEMENTAL ASSESSMENT METHODOLOGY REPORT LAKEWOOD RANCH STEWARDSHIP DISTRICT, LAKEWOOD CENTRE & NORTHWEST SECTOR TAXABLE SERIES 2020 REFUNDING BONDS

August 21, 2020

1.0	Background

The Lakewood Ranch Stewardship District (“District”) previously issued its Special Assessment Revenue Bonds, Series 2011 (Lakewood Centre & NW Sector Projects) in the original aggregate principal amount of $36,255,000 (the “Series 2011 Bonds”) to retire the District’s Renewal Bond Anticipation Notes, Series 2009 (the “Series 2009 Bond Anticipation Notes”). The average coupon rate on the Series 2011 Bonds was 7.91%. Since the issuance of the Series 2011 Bonds, interest rates have dropped considerably. Furthermore, except for approximately 31 multifamily lots that do not yet have separate tax folio numbers, the 2011 Assessments securing the Series 2011 Bonds have been fully allocated to platted properties following the District’s assessment methodology as discussed below.

This District issued its Senior Taxable Special Assessment Revenue Refunding Bonds, Series 2020A-1 (Lakewood Centre & NW Sector Projects) and its Subordinate Taxable Special Assessment Revenue Refunding Bonds, Series 2020A-2 (Lakewood Centre & NW Sector Projects) (together, the “Series 2020 Refunding Bonds”) to advance refund on a taxable basis the Series 2011 Bonds thereby achieving considerable savings for the payers of the 2011 Assessments. This report describes the issuance of the Series 2020 Refunding Bonds and the impact on 2011 Assessments.

Allocation of the Series 2011 Bond Debt to Specially Benefitting Properties

The District adopted its Amended and Restated Master Assessment Methodology Report1 at its December 7, 2018 meeting. The master assessment report provides the methodology to allocate the debt over the approximately 2,360 gross acres in the Lakewood Centre and Northwest Sector that will receive a special benefit from the District’s capital improvement plan (“CIP”) installed in the Lakewood Center and Northwest Sector (“CIP Areas”).

1 Fishkind & Associates, Inc. (December 7, 2018), “Amended and Restated Master Assessment Methodology Report Lakewood Ranch Stewardship District Lakewood Centre and Northwest Sector”

The assessment methodology is a process by which the District allocates the costs associated with its CIP to properties within the CIP Areas benefiting from the improvements. The allocation is based upon the benefits that each property receives. At the outset, the CIP is based on the projected land uses the Landowner plans for the lands comprising the CIP Areas. However, until either: (a) parcels of land along with their development entitlements are sold by the Landowner or (b) plats are filed, the precise land uses are unknown.

Therefore, the District initially imposed assessments (“Assessments) on a per acre basis on the unsold and unplatted property in the CIP, and on any sold or platted property in accordance with its actual land use or contractual entitlement as transferred to the new landowner from the Landowner.

The District has issued three series of bonds to fund the CIP in the CIP Areas totaling $85,405,000. Table 1 summarizes the bond issues.

Table 1. Bonds Issued to Fund the CIP Lakewood Centre and Northwest Sector

Bond Series	Amount
Series 2011	$36,255,000
Series 2015	$37,360,000
Series 2018	$11,790,000
===========
Total	$85,405,000
Source: PFM Financial Advisors LLC

Since the issuance of the Series 2009 Bond Anticipation Notes extensive development and platting has occurred in the CIP Areas. In addition, some property owners have paid down their 2011 Assessments, and over time normal amortization payments have reduced the total amount of Series 2011 Bonds outstanding. As shown in Table 2, sufficient platting has occurred in the CIP Areas to allocate all of the outstanding Series 2011 Bonds totaling $30,945,000 using the District’s assessment methodology.

Table 2. Allocation of the Series 2011 Bond Debt

Neighborhood/ Product Type	

# Units	

Series 2011 Debt Outstanding	
Series 2011 Par Amount
Per Unit	Series 2011
Net Assessment
Per Unit	Series 2011 Total
Net Revenue	Series 2011
Gross Assessment Per Unit (1)	Series 2011
Gross Assessment Per Unit (1)	
Bridgewater								
Single-Family 65'	139	$2,497,852	$17,970	$1,805	$250,892	$1,941	$269,776	
Single-Family 76'	136	$3,049,694	$22,424	$2,252	$306,320	$2,422	$329,377	
Subtotal
Esplanade	275	$5,547,546			$557,212		$599,152	
Condominiums	48	$441,080	$9,189	$923	$44,303	$992	$47,638	
Single-Family 45'	174	$1,388,941	$7,982	$802	$139,509	$862	$150,010	
Single-Family 52'	124	$1,143,661	$9,223	$926	$114,873	$996	$123,519	
Single-Family 62'	55	$604,943	$10,999	$1,105	$60,762	$1,188	$65,336	
Single-Family 90'	19	$426,060	$22,424	$2,252	$42,795	$2,422	$46,016	
Condominiums – Golf	238	$3,079,176	$12,946	$1,300	$309,281	$1,398	$332,561	
Single-Family 45' Golf	24	$371,412	$15,475	$1,554	$37,306	$1,671	$40,114	
Single-Family 52' Golf	223	$3,732,126	$16,736	$1,681	$374,866	$1,808	$403,081	
Single-Family 62' Golf	208	$3,737,793	$17,970	$1,805	$375,435	$1,941	$403,693	
Single-Family 76' Golf	76	$1,704,241	$22,424	$2,252	$171,179	$2,422	$184,063	
Subtotal
Harmony	1,189	$16,629,434			$1,670,309		$1,796,031	
Townhome (20')	276	$3,192,598	$11,567	$1,162	$320,674	$1,249	$344,811	
Townhome (30')	252	$3,261,779	$12,944	$1,300	$327,623	$1,398	$352,282	
Single-Family	141	$2,139,969	$15,177	$1,524	$214,945	$1,639	$231,123	
Subtotal
Commercial	669	$8,594,346			$863,241		$928,216	
Professional Office	25,000	$173,673	$6.95	$0.70	$17,444	$0.75	$18,757	

Total	2,133	$30,945,000	$3,108,206	$3,342,157
Source: PFM Financial Advisors LLC
(1) Gross assessments include an allowance for the statutory early-payment discount (4.0%), an allowance for the fees charged by the county property appraiser and tax collector (3.0%), for a grand total gross-up of 7.0%.

Series 2020 Refunding Bonds Sizing

The combination of lower interest rates and the extensive development activity in the CIP Areas provides the opportunity to refund the Series 2011 Bonds. The Series 2011 Bonds have an average interest rate of 7.91%. Based on information provided by the District’s Underwriter for the Series 2020 Refunding Bonds, MBS Capital Markets, the average coupon on the Series 2020 Refunding Bonds is 3.03%. Table 3 displays the sizing for the Series 2020 Refunding Bonds provided by the District’s Underwriter.

Table 3. Sizing of the Series 2020 Refunding Bonds

Sources	Series 2020A-1 Senior	Series 2020A-2 Subordinate	Total	
Bond Proceeds - Par Amount	$26,070,000	$3,030,000	$29,100,000	
Liquidation of Revenue Account	$1,845,216	$205,024	$2,050,240	
Liquidation of DSRF Account	$2,773,476	$308,164	$3,081,640	
Liquidation of Prepayment Account	$1,633	$181	$1,814	
	===========	===========	===========	
Total	$30,690,325	$3,543,369	$34,233,695	
Uses	Series 2020A-1 Senior	Series 2020A-2 Subordinate	Total	
Cash Deposit	$1	$183	$184	
SLGS Purchases	$29,999,494	$3,339,667	$33,339,161	
Interest Fund thru 11/1/2020	$88,061	$22,514	$110,575	
Reserve Fund @ 50% MADS	$0	$124,084	$124,084	
Cost of Issuance	$206,511	$26,621	$233,132	
Underwriter’s Discount	$260,700	$30,300	$291,000	
Bond Insurance 0.35% Adj. Debt Service	$118,633	$0	$118,633	
Surety Bond 2% of 50% of MADS	$16,925	$0	$16,925	
	===========	===========	===========	
Total	$30,690,325	$3,543,369	$34,233,695	
Source: MBS Capital Markets LLC

Series 2020 Bonds Assessment (Debt) Allocation

The District issued two series of bonds, Series 2020A-1 Senior Bonds and Series 2020A-2 Subordinate Bonds. This structure takes advantage of the opportunity to issue a series of investment grade rated and insured bonds for the senior lien Series 2020A-1 Bonds. The Series 2020A-2 Bonds are issued as non-rated bonds with payment subordinate to the Series 2020A-1 Bonds. A total of $29,100,000 of Series 2020 Bonds were issued. To refund the outstanding amount of $30,945,000 of Series 2011 Bonds requires the issuance of the Series 2020 Refunding Bonds and the liquidation of the existing debt service reserve fund of the Series 2011 Bonds and the funds in the revenue account. This brings total sources to $34,233,695.

As noted previously, extensive development and platting has occurred in the CIP Areas, and as demonstrated in Table 1 sufficient to allocate all of the 2011 Assessments securing the Series 2011 Bonds. Table 4 shows the allocation of the 2020 Assessments that will replace the 2011 Assessments. The 2020 Assessments are allocated to the properties in the CIP Areas that previously had Series 2011 Bond debt assigned to them using the assessment methodology. The savings to each property owner is 37.6%. Appendix A contains the assessment roll for the Series 2020 Refunding Bonds.

Table 4. Allocation of the Series 2020 Refunded Bond Debt

	Est. Series	
Est. Series	Est. Series	
Est. Series	
Est. Series		
	2020 Par	2020 Net	2020 Total	2020 Gross	2020 Gross		
Neighborhood/	Est. Series	Amount	Assessment	Net	Assessment	Assessment	Est.	
Product Type
Bridgewater	# Units	2020 Par Debt	Per Unit	Per Unit	Revenue	Per Unit (1)	Per Unit (1)	Savings	
Single-Family 65'	139	$2,348,925	$16,899	$1,127	$156,650	$1,212	$168,441	37.6%	
Single-Family 76'	136	$2,867,866	$21,087	$1,406	$191,258	$1,512	$205,654	37.6%	
Subtotal	275	$5,216,791			$347,908		$374,095		
Esplanade								
Condominiums	48	$414,782	$8,641	$576	$27,662	$620	$29,744	37.6%	
Single-Family 45'	174	$1,306,130	$7,506	$501	$87,106	$538	$93,662	37.6%	
Single-Family 52'	124	$1,075,474	$8,673	$578	$71,723	$622	$77,122	37.6%	
Single-Family 62'	55	$568,875	$10,343	$690	$37,938	$742	$40,794	37.6%	
Single-Family 90'	19	$400,658	$21,087	$1,406	$26,720	$1,512	$28,731	37.6%	
Condominiums – Golf	238	$2,895,590	$12,174	$812	$193,107	$873	$207,642	37.6%	
Single-Family 45' Golf	24	$349,268	$14,553	$971	$23,293	$1,044	$25,046	37.6%	
Single-Family 52' Golf	223	$3,509,610	$15,738	$1,050	$234,056	$1,129	$251,673	37.6%	
Single-Family 62' Golf	208	$3,514,938	$16,899	$1,127	$234,412	$1,212	$252,055	37.6%	
Single-Family 76' Golf	76	$1,602,631	$21,087	$1,406	$106,880	$1,512	$114,924	37.6%	
Subtotal	1,189	$15,637,956			$1,042,897		$1,121,394		
Harmony								
Townhome (20')	276	$3,002,249	$10,878	$725	$200,220	$780	$215,291	37.6%	
Townhome (30')	252	$3,067,306	$12,172	$812	$204,559	$873	$219,956	37.6%	
Single-Family	141	$2,012,380	$14,272	$952	$134,206	$1,023	$144,307	37.6%	
Subtotal	669	$8,081,935			$538,985		$579,554		
Commercial								
Professional Office	25,000	$163,318	$6.53	$0.44	$10,892	$0.47	$11,712	37.6%	

Total	2,133	$29,100,000	$1,940,682	$2,086,755
Source: PFM Financial Advisors LLC
(1) Gross assessments include an allowance for the statutory early-payment discount (4.0%), an allowance for the fees charged by the county property appraiser and tax collector (3.0%), for a grand total gross-up of 7.0%.

Appendix A – Lakewood Center & NW Sector Projects Detailed Assessment Roll

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580028259	ESPLANADE PH VII PB61/169	703	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583227709	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	307	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579977509	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 8 OR2782/0238	107102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579978659	0	16202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579929859	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	334	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579953159	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	293	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579909009	ESPLANADE PHASE I PB55/11-21	142	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583214709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	74	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579962859	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	256	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579926259	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	172	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583228859	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	330	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580052909	ESPLANADE PH VIII SUBPH A & B PB62/152	765	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579917659	ESPLANADE PH II PB55/146	73	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583243359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	584	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583238309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	483	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583242509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	567	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579938459	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	102	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583230359	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	360	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583212909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	38	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579965609	ESPLANADE PHASE IV PB59/7	490	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579973209	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 3 OR2618/6102	103104	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579938809	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	109	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579977959	0	11101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579940759	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	148	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579948059	ESPLANADE PHASE III REVISED PORTION PB57/57	471-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579924459	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	89	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579948409	ESPLANADE PHASE III REVISED PORTION PB57/57	478-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579923659	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	73	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579930009	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	337	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580023259	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	638	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579945659	ESPLANADE PHASE III REVISED PORTION PB57/57	401-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583229559	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	344	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583230409	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	361	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579939559	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	124	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579917809	ESPLANADE PH II PB55/146	76	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579923959	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	79	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583212009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	20	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579918059	ESPLANADE PH II PB55/146	81	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579939209	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	117	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583230509	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	363	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580024259	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	658	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583230709	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	367	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579928959	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	226	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579962809	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	255	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579917059	ESPLANADE PH II PB55/146	61	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580051609	ESPLANADE PH VIII SUBPH A & B PB62/152	739	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580025309	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	679	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579928259	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	212	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583211509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	10	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579938759	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	108	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579945209	ESPLANADE PHASE III REVISED PORTION PB57/57	392-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583222159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	221	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583216859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	117	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583233609	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	425	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579916909	ESPLANADE PH II PB55/146	58	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580021959	0	612	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579934359	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	438	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580054209	ESPLANADE PH VIII SUBPH A & B PB62/152	791	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579979409	0	17103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580019459	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	562	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579971759	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3011	102106	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579973159	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 3 OR2618/6102	103103	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583232559	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	404	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579917859	ESPLANADE PH II PB55/146	77	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579946409	ESPLANADE PHASE III REVISED PORTION PB57/57	416-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579912959	ESPLANADE PHASE I SUBPHASE H & I PB55/130	161	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579926959	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	186	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580019559	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	564	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579928409	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	215	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579903109	ESPLANADE PHASE I PB55/11-21	2	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579904859	ESPLANADE PHASE I PB55/11-21	59	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580053859	ESPLANADE PH VIII SUBPH A & B PB62/152	784	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583220859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	197	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580056259	ESPLANADE PH VIII SUBPH A & B PB62/152	832	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583230559	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	364	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583225359	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	260	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583233659	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	426	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579930709	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	351	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580020059	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	574	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579941059	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	154	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583222659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	231	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580063359	0	018102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583212209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	24	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583214909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	78	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583242559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	568	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579979059	0	18201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579971509	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3011	102101	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579941359	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	160	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579908459	ESPLANADE PHASE I PB55/11-21	131	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580025259	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	678	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580020409	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	581	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583221609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	210	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583222209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	222	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579938559	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	104	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579928659	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	220	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583243059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	578	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580071159	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579928059	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	208	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579914759	ESPLANADE PH II PB55/146	15	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579947909	ESPLANADE PHASE III REVISED PORTION PB57/57	468-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583226809	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	289	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579915009	ESPLANADE PH II PB55/146	20	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579914159	ESPLANADE PH II PB55/146	3	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579929009	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	227	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583215759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	95	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583215859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	97	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579930809	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	353	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579960859	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	216	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579988309	ESPLANADE PH III PARTIAL REPLAT PB59/83	259	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583213659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	53	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	673	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583231759	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	388	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579939359	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	120	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579928109	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	209	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579912809	ESPLANADE PHASE I SUBPHASE H & I PB55/130	158	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583216309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	106	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579945359	ESPLANADE PHASE III REVISED PORTION PB57/57	395-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583232059	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	394	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579918409	ESPLANADE PH II PB55/146	88	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580021209	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	597	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579927609	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	199	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579950859	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	247	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579950359	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	237	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579904259	ESPLANADE PHASE I PB55/11-21	47	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583216059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	101	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580051059	ESPLANADE PH VIII SUBPH A & B PB62/152	728	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
579913259	ESPLANADE PHASE I SUBPHASE H & I PB55/130	167	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579905759	ESPLANADE PHASE I PB55/11-21	77	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579974259	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 1 OR2635/3107	301201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579942659	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	186	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579946909	ESPLANADE PHASE III REVISED PORTION PB57/57	448-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583232409	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	401	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579904659	ESPLANADE PHASE I PB55/11-21	55	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580019859	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	570	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579941009	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	153	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580054909	ESPLANADE PH VIII SUBPH A & B PB62/152	805	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583221359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	1202	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580028459	ESPLANADE PH VII PB61/169	707	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580017709	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	527	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579924309	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	86	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579916009	ESPLANADE PH II PB55/146	40	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583232859	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	410	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583222409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	226	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579908709	ESPLANADE PHASE I PB55/11-21	136	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579931859	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	374	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579961959	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	238	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580062709	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 26 OR 2775/6133	26202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579924359	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	87	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580054609	ESPLANADE PH VIII SUBPH A & B PB62/152	799	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579907659	ESPLANADE PHASE I PB55/11-21	115	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579951909	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	268	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583216409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	108	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579975209	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 5 OR 2695/7619	104104	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579926109	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	169	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580045709	ESPLANADE PHASE V SUBPH G PB63/12	1104	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579946959	ESPLANADE PHASE III REVISED PORTION PB57/57	449-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579978059	0	11103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579979309	0	17101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580055759	ESPLANADE PH VIII SUBPH A & B PB62/152	822	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579975059	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 5 OR 2695/7619	104101	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579946709	ESPLANADE PHASE III REVISED PORTION PB57/57	444-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583221809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	214	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583212109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	22	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579911409	ESPLANADE PHASE I SUBPHASE H & I PB55/130	28	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579972559	SARACINA II AT ESPLANADE LWR PH 3 OR2612/7424	203101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579912259	ESPLANADE PHASE I SUBPHASE H & I PB55/130	147	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579966609	ESPLANADE PHASE IV PB59/7	510	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579950659	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	243	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579927559	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	198	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583229759	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	348	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583218809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	156	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583228059	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	314	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579941109	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	155	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583233709	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	427	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579951109	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	252	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583216809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	116	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579954009	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	310	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580070309	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579921659	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	33	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580070259	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583217459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	129	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579948309	ESPLANADE PHASE III REVISED PORTION PB57/57	476-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579931209	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	361	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580019909	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	571	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579965859	ESPLANADE PHASE IV PB59/7	495	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580045459	ESPLANADE PH V SUBPH E PB62/22	842	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579975109	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 5 OR 2695/7619	104102	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583217609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	132	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583221109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	202	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579931759	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	372	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579976209	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 6 OR2741/0912	105201	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579976709	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2750/3794	206202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579952259	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	275	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583244359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	604	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583226959	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	292	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579946259	ESPLANADE PHASE III REVISED PORTION PB57/57	413-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583214159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	63	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579929459	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	326	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579927659	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	200	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583243109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	579	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579927359	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	194	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583225209	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	257	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579931509	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	367	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580044859	ESPLANADE PH V SUBPH E PB62/22	554-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583242859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	574	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579924659	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	93	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579954109	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	312	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580055009	ESPLANADE PH VIII SUBPH A & B PB62/152	807	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583219609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	172	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579960459	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	208	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579974059	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 1 OR2635/3107	301101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579915209	ESPLANADE PH II PB55/146	24	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579947759	ESPLANADE PHASE III REVISED PORTION PB57/57	465-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579926759	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	182	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583212359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	27	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583221859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	215	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580062559	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 26 OR 2775/6133	26103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580063959	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579966709	ESPLANADE PHASE IV PB59/7	512	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583226009	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	273	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579961559	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	230	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579930609	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	349	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580025409	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	681	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579918759	ESPLANADE PH II PB55/146	95	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583223459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	247	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583211809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	16	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579974409	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 1 OR2635/3107	301204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579974659	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PHASE 4 OR2678/6548	204103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579920459	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	9	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583211459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	9	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583228659	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	326	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583217159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	123	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583222959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	237	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579939159	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	116	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580071109	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583232109	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	395	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579903959	ESPLANADE PHASE I PB55/11-21	19	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583232509	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	403	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583217359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	127	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583225509	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	263	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580024309	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	659	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579939859	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	130	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583217509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	130	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579971309	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH I OR2565/7400	14106	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583214409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	68	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583212409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	28	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580056459	ESPLANADE PH VIII SUBPH A & B PB62/152	836	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579971059	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH I OR2565/7400	14101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579924559	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	91	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579945559	ESPLANADE PHASE III REVISED PORTION PB57/57	399-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583221209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	204	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583240009	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	517	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583242659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	570	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580050509	ESPLANADE PH VIII SUBPH A & B PB62/152	717	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
580056009	ESPLANADE PH VIII SUBPH A & B PB62/152	827	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580057109	ESPLANADE PH VI PB64/178	844	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580052609	ESPLANADE PH VIII SUBPH A & B PB62/152	759	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580060059	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 20 OR2717/7763	20101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579917109	ESPLANADE PH II PB55/146	62	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579976309	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 6 OR2741/0912	105203	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583215559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	91	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579904509	ESPLANADE PHASE I PB55/11-21	52	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579916559	ESPLANADE PH II PB55/146	51	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579932659	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	390	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579915109	ESPLANADE PH II PB55/146	22	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580050709	ESPLANADE PH VIII SUBPH A & B PB62/152	721	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
583231209	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	377	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583238909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	495	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583227809	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	309	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579919109	ESPLANADE PH II PB55/146	102	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579918009	ESPLANADE PH II PB55/146	80	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579906909	ESPLANADE PHASE I PB55/11-21	100	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583218359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	147	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580021009	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	593	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579946859	ESPLANADE PHASE III REVISED PORTION PB57/57	447-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579963409	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	267	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579922109	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	42	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579962259	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	244	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583243209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	581	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580024909	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	671	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583230809	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	369	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579928759	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	222	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579941909	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	171	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579923809	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	76	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579905609	ESPLANADE PHASE I PB55/11-21	74	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583225159	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	256	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579953309	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	296	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579907209	ESPLANADE PHASE I PB55/11-21	106	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579917209	ESPLANADE PH II PB55/146	64	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580052159	ESPLANADE PH VIII SUBPH A & B PB62/152	750	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579922809	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	56	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583212709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	34	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579943009	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	193	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579961359	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	226	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580044959	ESPLANADE PH V SUBPH E PB62/22	000556-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579945409	ESPLANADE PHASE III REVISED PORTION PB57/57	396-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579923609	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	72	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579929359	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	324	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579903809	ESPLANADE PHASE I PB55/11-21	16	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579955059	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	428	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579938409	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	101	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579960609	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	211	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579943059	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	194	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583242959	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	576	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583223609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	250	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579920659	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	13	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579952009	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	270	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579928309	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	213	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583244309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	603	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579942609	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	185	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583214809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	76	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579979009	0	18104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580057259	ESPLANADE PH VI PB64/178	847	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579932259	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	382	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583223409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	246	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583239809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	513	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580024509	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	663	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579979609	0	17203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583233309	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	419	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579907309	ESPLANADE PHASE I PB55/11-21	108	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579952809	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	286	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579961909	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	237	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579926659	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	180	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583230309	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	359	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579915509	ESPLANADE PH II PB55/146	30	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580026159	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	696	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583223659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	251	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579976759	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2750/3794	206203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583242909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	575	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579972309	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3025	202108	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579965259	ESPLANADE PHASE IV PB59/7	483	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580023559	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	644	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583229009	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	333	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583213909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	58	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579971809	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3011	102107	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579926909	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	185	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579960259	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	204	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579977209	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 7 OR2761/0258	106202	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
580022709	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	627	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579951059	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	251	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579952359	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	277	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579918309	ESPLANADE PH II PB55/146	86	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580052259	ESPLANADE PH VIII SUBPH A & B PB62/152	752	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579952209	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	274	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579909059	ESPLANADE PHASE I PB55/11-21	143	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580020659	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	586	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580020809	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	589	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579977609	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 8 OR2782/0238	107104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579908509	ESPLANADE PHASE I PB55/11-21	132	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579918109	ESPLANADE PH II PB55/146	82	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583229509	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	343	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583229059	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	334	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583219859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	177	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579942959	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	192	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579903409	ESPLANADE PHASE I PB55/11-21	8	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579917609	ESPLANADE PH II PB55/146	72	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580052759	ESPLANADE PH VIII SUBPH A & B PB62/152	762	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580025859	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	690	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579978709	0	16203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579953409	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	298	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579978109	0	11104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580064359	0	021104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580023909	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	651	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579973359	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 3 OR2618/6102	103107	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579920209	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	4	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579974809	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PHASE 4 OR2678/6548	204202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580054509	ESPLANADE PH VIII SUBPH A & B PB62/152	797	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579950109	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	232	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580063759	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579939959	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	132	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583211859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	17	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579962459	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	248	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579946059	ESPLANADE PHASE III REVISED PORTION PB57/57	409-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583242809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	573	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580064559	0	021204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583225959	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	272	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579913109	ESPLANADE PHASE I SUBPHASE H & I PB55/130	164	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579941559	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	164	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579917909	ESPLANADE PH II PB55/146	78	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580050859	ESPLANADE PH VIII SUBPH A & B PB62/152	724	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
579929159	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	230	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580060709	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 22 OR2746/7059	22104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579951809	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	266	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583211109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	2	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580043659	ESPLANADE PH V SUBPH E PB62/22	000530-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579917409	ESPLANADE PH II PB55/146	68	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580063409	0	018103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583231009	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	373	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579955159	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	430	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579952759	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	285	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579924009	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	80	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579930559	0	348	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579916759	ESPLANADE PH II PB55/146	55	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579919009	ESPLANADE PH II PB55/146	100	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579923909	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	78	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579918159	ESPLANADE PH II PB55/146	83	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579906029	ESPLANADE PHASE I PB55/11-21	82	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583211309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	6	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583217109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	122	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579977059	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 7 OR2761/0258	106103	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583232609	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	405	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579929759	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	332	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580026209	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	697	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579922759	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	55	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583216609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	112	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579931709	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	371	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579905859	ESPLANADE PHASE I PB55/11-21	79	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579979509	0	17201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583232209	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	397	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580063909	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580024609	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	665	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583227759	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	308	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579943159	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	196	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580025709	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	687	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583222809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	234	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579939009	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	113	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579965709	ESPLANADE PHASE IV PB59/7	492	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583220009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	180	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579916609	ESPLANADE PH II PB55/146	52	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579960659	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	212	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583212159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	23	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579924609	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	92	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580045659	ESPLANADE PHASE V SUBPH G PB63/12	1103	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579988609	ESPLANADE PH III PARTIAL REPLAT PB59/83	316	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579915359	ESPLANADE PH II PB55/146	27	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579960409	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	207	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579940809	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	149	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583214009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	60	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583231109	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	375	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579938859	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	110	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583214859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	77	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580022559	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	624	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579913009	ESPLANADE PHASE I SUBPHASE H & I PB55/130	162	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579965209	ESPLANADE PHASE IV PB59/7	482	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579950809	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	246	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583227259	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	298	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580061559	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 24 OR2757/1756	24101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579975609	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 3 OR 2702/6817	205102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580028309	ESPLANADE PH VII PB61/169	704	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583214609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	72	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580054259	ESPLANADE PH VIII SUBPH A & B PB62/152	792	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580053109	ESPLANADE PH VIII SUBPH A & B PB62/152	769	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579945509	ESPLANADE PHASE III REVISED PORTION PB57/57	398-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580053559	ESPLANADE PH VIII SUBPH A & B PB62/152	778	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580062809	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 26 OR 2775/6133	26204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580055809	ESPLANADE PH VIII SUBPH A & B PB62/152	823	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580025909	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	691	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580070109	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579952159	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	273	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579931359	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	364	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580043959	ESPLANADE PH V SUBPH E PB62/22	000536-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579927859	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	204	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583228459	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	322	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583218909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	158	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579911709	ESPLANADE PHASE I SUBPHASE H & I PB55/130	34	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579908759	ESPLANADE PHASE I PB55/11-21	137	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580061809	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 24 OR2757/1756	24202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580022759	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	628	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583223109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	240	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579948109	ESPLANADE PHASE III REVISED PORTION PB57/57	472-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580053759	ESPLANADE PH VIII SUBPH A & B PB62/152	782	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579945609	ESPLANADE PHASE III REVISED PORTION PB57/57	400-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583211359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	7	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579908559	ESPLANADE PHASE I PB55/11-21	133	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579907759	ESPLANADE PHASE I PB55/11-21	117	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579953809	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	306	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579914709	ESPLANADE PH II PB55/146	14	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580062059	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 25 OR2771/1634	25102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583230459	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	362	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579932159	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	380	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580053659	ESPLANADE PH VIII SUBPH A & B PB62/152	780	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580054109	ESPLANADE PH VIII SUBPH A & B PB62/152	789	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579926409	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	175	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580022309	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	619	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579970309	SARACINA I AT ESPLANADE LWR PH I OR2560/1632	1106	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579977659	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 8 OR2782/0238	107201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579946759	ESPLANADE PHASE III REVISED PORTION PB57/57	445-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579950759	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	245	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579920959	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	19	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579942559	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	184	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583212259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	25	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579907509	ESPLANADE PHASE I PB55/11-21	112	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579952559	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	281	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580024409	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	661	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583219059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	161	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579931109	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	359	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583220459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	189	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580021659	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	606	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580020209	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	577	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579948359	ESPLANADE PHASE III REVISED PORTION PB57/57	477-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583222709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	232	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579905809	ESPLANADE PHASE I PB55/11-21	78	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579952059	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	271	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580060309	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 20 OR2717/7763	20202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580053709	ESPLANADE PH VIII SUBPH A & B PB62/152	781	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580045009	ESPLANADE PH V SUBPH E PB62/22	000557-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583214359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	67	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580064459	0	021202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583243759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	592	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579912559	ESPLANADE PHASE I SUBPHASE H & I PB55/130	153	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579950709	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	244	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580023659	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	646	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579979659	0	17204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583247759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	672	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583211909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	18	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579942509	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	183	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579930659	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	350	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579908609	ESPLANADE PHASE I PB55/11-21	134	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579963609	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	271	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583229909	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	351	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579916509	ESPLANADE PH II PB55/146	50	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579921359	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	27	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583213759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	55	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579904809	ESPLANADE PHASE I PB55/11-21	58	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579963709	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	273	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579908909	ESPLANADE PHASE I PB55/11-21	140	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579954809	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	423	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583219659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	173	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583231659	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	386	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579975659	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 3 OR 2702/6817	205103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579988509	ESPLANADE PH III PARTIAL REPLAT PB59/83	314	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583227109	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	295	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241009	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	537	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579926709	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	181	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583225709	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	267	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580053009	ESPLANADE PH VIII SUBPH A & B PB62/152	767	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579965159	ESPLANADE PHASE IV PB59/7	481	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579954659	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	420	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579922259	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	45	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579977009	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 7 OR2761/0258	106102	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579912709	ESPLANADE PHASE I SUBPHASE H & I PB55/130	156	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579905709	ESPLANADE PHASE I PB55/11-21	76	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580043709	ESPLANADE PH V SUBPH E PB62/22	000531-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583220959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	199	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579954759	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	422	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579941459	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	162	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579920509	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	10	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580064109	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579974859	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PHASE 4 OR2678/6548	204203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579966559	ESPLANADE PHASE IV PB59/7	509	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580054359	ESPLANADE PH VIII SUBPH A & B PB62/152	794	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579922459	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	49	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580070509	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579911559	ESPLANADE PHASE I SUBPHASE H & I PB55/130	31	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579942009	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	173	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579950159	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	233	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579965659	ESPLANADE PHASE IV PB59/7	491	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579920559	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	11	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580052009	ESPLANADE PH VIII SUBPH A & B PB62/152	747	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583215009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	80	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579924259	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	85	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579931159	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	360	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580025509	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	683	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580017409	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	521	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579972159	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3025	202105	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580051409	ESPLANADE PH VIII SUBPH A & B PB62/152	735	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583226909	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	291	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579953759	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	305	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583220109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	182	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579962709	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	253	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579972709	SARACINA II AT ESPLANADE LWR PH 3 OR2612/7424	203104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580051209	ESPLANADE PH VIII SUBPH A & B PB62/152	731	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
580023359	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	640	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583219109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	162	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580025609	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	685	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579914209	ESPLANADE PH II PB55/146	4	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579924509	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	90	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583225759	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	268	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579940259	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	138	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579932359	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	384	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580051809	ESPLANADE PH VIII SUBPH A & B PB62/152	743	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583233009	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	413	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580019359	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	560	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580043859	ESPLANADE PH V SUBPH E PB62/22	000534-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580022059	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	614	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579928709	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	221	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580050559	ESPLANADE PH VIII SUBPH A & B PB62/152	718	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
583233809	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	429	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579921109	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	22	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579963309	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	265	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579931659	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	370	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579929959	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	336	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579941609	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	165	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580023409	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	641	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579960559	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	210	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580061659	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 24 OR2757/1756	24103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580062309	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 25 OR2771/1634	25203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579930509	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	347	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579954609	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	419	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579940659	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	146	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583218409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	148	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579976509	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2750/3794	206102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579947859	ESPLANADE PHASE III REVISED PORTION PB57/57	467-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583219359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	167	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579924109	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	82	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580024209	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	657	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579976059	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 6 OR2741/0912	105102	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579976009	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 6 OR2741/0912	105101	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579975159	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 5 OR 2695/7619	104103	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583228409	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	321	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579904959	ESPLANADE PHASE I PB55/11-21	61	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579938609	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	105	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580056509	ESPLANADE PH VIII SUBPH A & B PB62/152	837	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583244409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	605	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579914809	ESPLANADE PH II PB55/146	16	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583216709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	114	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579930209	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	341	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579907159	ESPLANADE PHASE I PB55/11-21	105	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579931059	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	358	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579938059	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	94	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579921709	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	34	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579921759	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	35	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583220409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	188	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583230009	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	353	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579905159	ESPLANADE PHASE I PB55/11-21	65	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580020609	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	585	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580021109	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	595	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579961059	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	220	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579973409	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 3 OR2618/6102	103108	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579971859	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3011	102108	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579975359	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 5 OR 2695/7619	104107	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579977259	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 7 OR2761/0258	106203	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
580053259	ESPLANADE PH VIII SUBPH A & B PB62/152	772	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579963559	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	270	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580055559	ESPLANADE PH VIII SUBPH A & B PB62/152	818	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579947059	ESPLANADE PHASE III REVISED PORTION PB57/57	451-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579909109	ESPLANADE PHASE I PB55/11-21	144	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583225059	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	254	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583233559	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	424	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579906609	ESPLANADE PHASE I PB55/11-21	94	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579939259	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	118	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583223759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	253	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579923209	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	64	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579908359	ESPLANADE PHASE I PB55/11-21	129	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580046059	ESPLANADE PHASE V SUBPH G PB63/12	1111	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579978009	0	11102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580022109	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	615	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579972659	SARACINA II AT ESPLANADE LWR PH 3 OR2612/7424	203103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583218109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	142	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579977709	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 8 OR2782/0238	107202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579978409	0	16101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579931009	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	357	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579978209	0	11202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583219209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	164	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583220309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	186	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579907959	ESPLANADE PHASE I PB55/11-21	121	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579920109	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	2	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580061359	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 23 OR2746/7081	23203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580020009	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	573	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579917159	ESPLANADE PH II PB55/146	63	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580045809	ESPLANADE PHASE V SUBPH G PB63/12	1106	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579920909	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	18	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579932709	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	391	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579971109	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH I OR2565/7400	14102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580070709	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580045859	ESPLANADE PHASE V SUBPH G PB63/12	1107	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583217809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	136	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579907709	0	116	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583216759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	115	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579905559	ESPLANADE PHASE I PB55/11-21	73	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579915059	ESPLANADE PH II PB55/146	21	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583218209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	144	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579974159	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 1 OR2635/3107	301103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583238559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	488	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579977109	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 7 OR2761/0258	106104	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579905659	ESPLANADE PHASE I PB55/11-21	75	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580043809	ESPLANADE PH V SUBPH E PB62/22	000533-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583214659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	73	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583217409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	128	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583218759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	155	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579938259	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	98	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579930059	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	338	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583226609	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	285	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583228109	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	315	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580022909	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	631	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579906509	ESPLANADE PHASE I PB55/11-21	92	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583214209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	64	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583211709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	14	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579953059	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	291	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579915959	ESPLANADE PH II PB55/146	39	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579923259	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	65	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580017659	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	526	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580017209	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	517	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579912509	ESPLANADE PHASE I SUBPHASE H & I PB55/130	152	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583240559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	528	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580063209	0	19204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583241559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	548	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583215459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	89	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583244659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	610	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579953009	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	290	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579912159	ESPLANADE PHASE I SUBPHASE H & I PB55/130	145	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580062159	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 25 OR2771/1634	25104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579948009	ESPLANADE PHASE III REVISED PORTION PB57/57	470-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579911809	ESPLANADE PHASE I SUBPHASE H & I PB55/130	36	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579960959	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	218	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583228209	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	317	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580050059	ESPLANADE PH VIII SUBPH A & B PB62/152	708	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
579945059	ESPLANADE PHASE III REVISED PORTION PB57/57	385-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579917359	ESPLANADE PH II PB55/146	67	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580055259	ESPLANADE PH VIII SUBPH A & B PB62/152	812	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583225309	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	259	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579938309	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	99	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580046159	ESPLANADE PHASE V SUBPH G PB63/12	1113	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579939759	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	128	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579974109	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 1 OR2635/3107	301102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580063809	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583229859	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	350	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579908159	ESPLANADE PHASE I PB55/11-21	125	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579952459	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	279	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579960759	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	214	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579941959	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	172	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579928159	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	210	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579920059	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	1	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579950459	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	239	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580021409	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	601	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579903259	ESPLANADE PHASE I PB55/11-21	5	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583233909	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	431	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579918259	ESPLANADE PH II PB55/146	85	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579974709	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PHASE 4 OR2678/6548	204104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579903159	ESPLANADE PHASE I PB55/11-21	3	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580050759	ESPLANADE PH VIII SUBPH A & B PB62/152	722	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
579947109	ESPLANADE PHASE III REVISED PORTION PB57/57	452-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583230159	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	356	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583244709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	611	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583218559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	151	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579945159	ESPLANADE PHASE III REVISED PORTION PB57/57	387-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579961459	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	228	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579921509	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	30	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579947959	ESPLANADE PHASE III REVISED PORTION PB57/57	469-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579945859	ESPLANADE PHASE III REVISED PORTION PB57/57	405-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580050659	ESPLANADE PH VIII SUBPH A & B PB62/152	720	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580062259	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 25 OR2771/1634	25202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583230609	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	365	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579904359	ESPLANADE PHASE I PB55/11-21	49	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583231409	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	381	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579934309	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	437	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579929659	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	330	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579917709	ESPLANADE PH II PB55/146	74	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580062759	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 26 OR 2775/6133	26203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583231359	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	380	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580060409	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 20 OR2717/7763	20204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580057359	ESPLANADE PH VI PB64/178	849	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579942909	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	191	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583232909	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	411	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580052309	ESPLANADE PH VIII SUBPH A & B PB62/152	753	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579920759	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	15	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579931259	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	362	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579903209	ESPLANADE PHASE I PB55/11-21	4	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583225109	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	255	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579903359	ESPLANADE PHASE I PB55/11-21	7	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583243409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	585	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579927759	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	202	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579947309	ESPLANADE PHASE III REVISED PORTION PB57/57	456-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580023609	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	645	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579939709	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	127	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580050609	ESPLANADE PH VIII SUBPH A & B PB62/152	719	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
579920609	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	12	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583227209	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	297	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583234159	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	436	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580053409	ESPLANADE PH VIII SUBPH A & B PB62/152	775	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579932609	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	389	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580062959	0	19103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579962759	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	254	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579946109	ESPLANADE PHASE III REVISED PORTION PB57/57	410-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583243559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	588	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579975909	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 3 OR 2702/6817	205204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579927509	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	197	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583222109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	220	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580064309	0	021103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583232709	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	407	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583229359	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	340	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583227309	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	299	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579913309	ESPLANADE PHASE I SUBPHASE H & I PB55/130	168	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579939059	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	114	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583225409	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	261	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583225459	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	262	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583225609	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	265	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583227909	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	311	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583230759	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	368	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583221009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	200	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583218959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	159	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583220509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	190	Harmony	$0.00	$0	$0.00	$0.00	#DIV/0!	
583219709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	174	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579972809	SARACINA II AT ESPLANADE LWR PH 3 OR2612/7424	203106	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580057309	ESPLANADE PH VI PB64/178	848	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579942059	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	174	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579953509	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	300	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579904759	ESPLANADE PHASE I PB55/11-21	57	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583228259	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	318	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580021309	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	599	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583222309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	224	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579966359	ESPLANADE PHASE IV PB59/7	505	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579941759	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	168	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583212859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	37	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579930909	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	355	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580017059	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	496	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583215059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	81	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580053809	ESPLANADE PH VIII SUBPH A & B PB62/152	783	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580043909	ESPLANADE PH V SUBPH E PB62/22	535-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580022359	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	620	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579976809	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2750/3794	206204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579915709	ESPLANADE PH II PB55/146	34	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579911859	ESPLANADE PHASE I SUBPHASE H & I PB55/130	37	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583211409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	8	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579907109	ESPLANADE PHASE I PB55/11-21	104	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580063859	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583238159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	480	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579912909	ESPLANADE PHASE I SUBPHASE H & I PB55/130	160	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580062509	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 26 OR 2775/6133	26102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583212509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	30	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580023859	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	650	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579974309	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 1 OR2635/3107	301202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579921909	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	38	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583230259	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	358	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580055309	ESPLANADE PH VIII SUBPH A & B PB62/152	813	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580054009	ESPLANADE PH VIII SUBPH A & B PB62/152	787	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580020159	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	576	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579930359	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	344	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579908109	ESPLANADE PHASE I PB55/11-21	124	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579953209	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	294	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583211759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	15	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583238209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	481	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583219909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	178	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579922409	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	48	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579923709	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	74	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579913059	ESPLANADE PHASE I SUBPHASE H & I PB55/130	163	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579947359	ESPLANADE PHASE III REVISED PORTION PB57/57	457-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583219759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	175	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579914959	ESPLANADE PH II PB55/146	19	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579975259	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 5 OR 2695/7619	104201	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
580017609	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	525	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583234209	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	437	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583244809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	613	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583243809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	593	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580070859	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579926359	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	174	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580052209	ESPLANADE PH VIII SUBPH A & B PB62/152	751	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579939509	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	123	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583228359	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	320	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579915609	ESPLANADE PH II PB55/146	32	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580021359	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	600	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579908259	ESPLANADE PHASE I PB55/11-21	127	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579953659	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	303	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579971159	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH I OR2565/7400	14103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579946159	ESPLANADE PHASE III REVISED PORTION PB57/57	411-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579922909	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	58	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580056359	ESPLANADE PH VIII SUBPH A & B PB62/152	834	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583226359	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	280	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579941209	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	157	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583229609	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	345	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579975859	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 3 OR 2702/6817	205203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580051509	ESPLANADE PH VIII SUBPH A & B PB62/152	737	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579931459	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	366	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580021059	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	594	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580060909	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 22 OR2746/7059	22204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579926609	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	179	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579950609	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	242	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579916859	ESPLANADE PH II PB55/146	57	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583220709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	194	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583222909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	236	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583244509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	607	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579922559	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	51	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583211209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	4	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580055709	ESPLANADE PH VIII SUBPH A & B PB62/152	821	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579905259	ESPLANADE PHASE I PB55/11-21	67	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579928609	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	219	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580022159	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	616	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579905509	ESPLANADE PHASE I PB55/11-21	72	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583229809	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	349	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583227509	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	303	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583227459	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	302	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583229309	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	339	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579939909	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	131	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579918809	ESPLANADE PH II PB55/146	96	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583238609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	489	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579929559	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	328	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580020859	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	590	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579912109	ESPLANADE PHASE I SUBPHASE H & I PB55/130	42	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583228909	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	331	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580022609	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	625	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579905209	ESPLANADE PHASE I PB55/11-21	66	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580062459	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 26 OR 2775/6133	26101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580064259	0	021102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579965759	ESPLANADE PHASE IV PB59/7	493	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583233459	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	422	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579914259	ESPLANADE PH II PB55/146	5	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580021609	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	605	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579970259	SARACINA I AT ESPLANADE LWR PH I OR2560/1632	1105	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579965959	ESPLANADE PHASE IV PB59/7	497	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580052059	ESPLANADE PH VIII SUBPH A & B PB62/152	748	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579927209	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	191	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579912859	ESPLANADE PHASE I SUBPHASE H & I PB55/130	159	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579947509	ESPLANADE PHASE III REVISED PORTION PB57/57	460-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580023009	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	633	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580062859	0	19101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580054059	ESPLANADE PH VIII SUBPH A & B PB62/152	788	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583220659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	193	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579954909	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	425	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580019659	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	566	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579945459	ESPLANADE PHASE III REVISED PORTION PB57/57	397-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583228559	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	324	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579979159	0	18203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580017759	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	528	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583222859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	235	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579971609	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3011	102103	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
580057159	ESPLANADE PH VI PB64/178	845	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580025959	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	692	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579952609	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	282	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583218009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	140	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583217709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	134	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579908809	ESPLANADE PHASE I PB55/11-21	138	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580021809	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	609	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579978159	0	11201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579946209	ESPLANADE PHASE III REVISED PORTION PB57/57	412-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580053459	ESPLANADE PH VIII SUBPH A & B PB62/152	776	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579972059	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3025	202103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579971409	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH I OR2565/7400	14108	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580025759	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	688	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579927909	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	205	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583221709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	212	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583233859	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	430	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579920259	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	5	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583218459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	149	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580021709	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	607	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579976559	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2750/3794	206103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583226859	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	290	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579941409	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	161	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579975409	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 5 OR 2695/7619	104204	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583216509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	110	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583234109	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	435	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580020509	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	583	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580025459	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	682	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583244859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	614	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579978859	0	18101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579917459	ESPLANADE PH II PB55/146	69	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583212559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	31	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583232359	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	400	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583231159	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	376	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580064409	0	021201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583215659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	93	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583217009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	120	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583211959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	19	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579947659	ESPLANADE PHASE III REVISED PORTION PB57/57	463-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580023159	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	636	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583240109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	519	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579928009	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	207	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579972859	SARACINA II AT ESPLANADE LWR PH 3 OR2612/7424	203107	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579961859	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	236	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579976959	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 7 OR2761/0258	106101	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583217759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	135	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580050359	ESPLANADE PH VIII SUBPH A & B PB62/152	714	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
583216209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	104	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579942309	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	179	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579912009	ESPLANADE PHASE I SUBPHASE H & I PB55/130	40	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579906959	ESPLANADE PHASE I PB55/11-21	101	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579904159	ESPLANADE PHASE I PB55/11-21	45	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583223209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	242	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583219309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	166	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583215109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	82	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579915309	ESPLANADE PH II PB55/146	26	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579974759	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PHASE 4 OR2678/6548	204201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580061059	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 23 OR2746/7081	23101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579970409	SARACINA I AT ESPLANADE LWR PH I OR2560/1632	1108	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579911459	ESPLANADE PHASE I SUBPHASE H & I PB55/130	29	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583212959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	39	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583211609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	12	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583227959	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	312	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583219459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	169	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580056209	ESPLANADE PH VIII SUBPH A & B PB62/152	831	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580045609	ESPLANADE PHASE V SUBPH G PB63/12	1102	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579915259	ESPLANADE PH II PB55/146	25	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580060559	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 22 OR2746/7059	22101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583220159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	183	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579921809	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	36	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579914509	ESPLANADE PH II PB55/146	10	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580023709	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	647	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579963659	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	272	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583227409	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	301	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579962109	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	241	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580024159	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	656	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583216159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	103	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583229409	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	341	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579905009	ESPLANADE PHASE I PB55/11-21	62	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580022959	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	632	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579988809	ESPLANADE PH III PARTIAL REPLAT PB59/83	320	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579927409	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	195	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579932209	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	381	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580019409	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	561	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579932059	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	378	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580050259	ESPLANADE PH VIII SUBPH A & B PB62/152	712	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
579971959	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3025	202101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580025559	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	684	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579940559	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	144	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579923759	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	75	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579911609	ESPLANADE PHASE I SUBPHASE H & I PB55/130	32	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583243659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	590	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580025109	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	675	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579911959	ESPLANADE PHASE I SUBPHASE H & I PB55/130	39	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583230959	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	372	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583217559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	131	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583217959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	139	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580051559	ESPLANADE PH VIII SUBPH A & B PB62/152	738	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579946809	ESPLANADE PHASE III REVISED PORTION PB57/57	446-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580044909	ESPLANADE PH V SUBPH E PB62/22	555-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579915809	ESPLANADE PH II PB55/146	36	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583218859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	157	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579978459	0	16102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579905109	ESPLANADE PHASE I PB55/11-21	64	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579918559	ESPLANADE PH II PB55/146	91	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579924159	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	83	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583243909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	595	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583238659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	490	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579947009	ESPLANADE PHASE III REVISED PORTION PB57/57	450-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580071659	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579960509	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	209	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583213109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	42	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583227059	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	294	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583240909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	535	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579947559	ESPLANADE PHASE III REVISED PORTION PB57/57	461-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579921209	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	24	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579945109	ESPLANADE PHASE III REVISED PORTION PB57/57	386-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579940509	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	143	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579971209	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH I OR2565/7400	14104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580070409	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579906159	ESPLANADE PHASE I PB55/11-21	85	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579922059	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	41	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580020109	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	575	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579914659	ESPLANADE PH II PB55/146	13	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580055159	ESPLANADE PH VIII SUBPH A & B PB62/152	810	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580063309	0	018101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579941259	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	158	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579972259	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3025	202107	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580051109	ESPLANADE PH VIII SUBPH A & B PB62/152	729	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
579927459	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	196	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580061609	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 24 OR2757/1756	24102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579916659	ESPLANADE PH II PB55/146	53	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579929259	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	322	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583218059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	141	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583218159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	143	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579903509	ESPLANADE PHASE I PB55/11-21	10	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583216109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	102	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583231859	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	390	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580019709	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	567	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579930409	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	345	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583215509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	90	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579970209	SARACINA I AT ESPLANADE LWR PH I OR2560/1632	1104	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
580050109	ESPLANADE PH VIII SUBPH A & B PB62/152	709	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
579926209	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	171	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579978759	0	16204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579931559	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	368	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580060259	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 20 OR2717/7763	20201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579946009	ESPLANADE PHASE III REVISED PORTION PB57/57	408-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580052859	ESPLANADE PH VIII SUBPH A & B PB62/152	764	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579920359	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	7	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583212609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	32	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579940409	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	141	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579960119	0	83 & 84	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580019609	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	565	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579922159	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	43	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579903759	ESPLANADE PHASE I PB55/11-21	15	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579914309	ESPLANADE PH II PB55/146	6	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579962309	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	245	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580051659	ESPLANADE PH VIII SUBPH A & B PB62/152	740	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579915409	ESPLANADE PH II PB55/146	28	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580023459	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	642	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580064059	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579974359	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 1 OR2635/3107	301203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580054459	ESPLANADE PH VIII SUBPH A & B PB62/152	796	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580070059	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583226259	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	278	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579923409	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	68	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583226509	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	283	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579920159	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	3	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579952909	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	288	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579945309	ESPLANADE PHASE III REVISED PORTION PB57/57	394-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579962909	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	257	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583211059	0	1	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583218609	0	152	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583221259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	205	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583236059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	438	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	439	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	440	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	441	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	442	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	443	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	444	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	445	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	446	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	447	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	448	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	449	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	450	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	451	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	452	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	453	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	454	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	455	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583236959	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	456	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237009	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	457	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	458	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	459	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	460	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	461	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	462	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	463	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	464	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	465	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	466	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	467	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	468	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	469	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	470	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	471	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	472	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	473	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	474	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	475	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583237959	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	476	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583238009	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	477	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583238059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	478	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583238109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	479	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583238259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	482	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583238459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	486	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583238809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	493	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583239059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	498	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	499	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	500	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	501	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	502	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	503	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	504	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	505	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	506	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	507	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	508	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	509	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	510	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	511	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583239759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	512	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583240159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	520	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583240209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	521	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583240259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	522	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583240309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	523	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583240359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	524	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583240409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	525	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583240459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	526	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583240509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	527	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583241059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	538	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	539	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	540	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	542	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	543	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	544	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	545	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	546	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	547	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	549	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	551	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	552	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	553	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	554	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583241909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	555	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583241959	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	556	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583242009	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	557	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583242059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	558	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583242109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	559	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583242159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	560	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583242209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	561	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583242259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	562	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583242309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	563	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583242359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	564	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583242409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	565	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583242459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	566	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583243709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	591	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583243959	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	596	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583244009	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	597	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583244059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	598	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583244109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	599	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583244159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	600	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583244209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	601	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583244259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	602	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583244909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	615	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583244959	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	616	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245009	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	617	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	618	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	619	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	620	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	621	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	622	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	623	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	624	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	625	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	626	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	627	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	628	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	629	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	630	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	631	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	632	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	633	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	634	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	635	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583245959	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	636	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246009	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	637	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583246059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	638	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	639	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	640	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	641	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	642	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	643	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	644	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	645	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	646	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	647	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	648	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	649	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	650	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	651	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	652	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	653	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	654	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	655	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583246959	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	656	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247009	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	657	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	658	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247109	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	659	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	660	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	661	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	662	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	663	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	664	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	665	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	666	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	667	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	668	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	669	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	670	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	674	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583247909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	675	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580062909	0	19102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579916809	ESPLANADE PH II PB55/146	56	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583242609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	569	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579918209	ESPLANADE PH II PB55/146	84	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580061709	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 24 OR2757/1756	24104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579940359	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	140	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583221759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	213	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580050309	ESPLANADE PH VIII SUBPH A & B PB62/152	713	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583233059	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	414	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580019759	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	568	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579928509	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	217	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579977459	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 8 OR2782/0238	107101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579920709	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	14	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579966759	ESPLANADE PHASE IV PB59/7	513	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580026059	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	694	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583220059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	181	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580064009	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579903459	ESPLANADE PHASE I PB55/11-21	9	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583213809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	56	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579918909	ESPLANADE PH II PB55/146	98	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583223259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	243	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580021259	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	598	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579911109	ESPLANADE PHASE I SUBPHASE H & I PB55/130	22	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579972209	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3025	202106	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579941809	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	169	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583232259	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	398	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580022809	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	629	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579940459	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	142	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579948159	ESPLANADE PHASE III REVISED PORTION PB57/57	473-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579939609	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	125	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580060759	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 22 OR2746/7059	22201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580050409	ESPLANADE PH VIII SUBPH A & B PB62/152	715	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
579975759	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 3 OR 2702/6817	205201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580051959	ESPLANADE PH VIII SUBPH A & B PB62/152	746	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583243309	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	583	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579903559	ESPLANADE PHASE I PB55/11-21	11	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580063609	0	018203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579922709	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	54	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579976359	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 6 OR2741/0912	105204	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579947159	ESPLANADE PHASE III REVISED PORTION PB57/57	453-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579931959	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	376	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580019509	0	563	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579942459	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	182	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579960809	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	215	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579961109	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	221	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579973259	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 3 OR2618/6102	103105	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583221909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	216	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580045559	ESPLANADE PHASE V SUBPH G PB63/12	1101	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579924209	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	84	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579922009	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	40	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580045059	ESPLANADE PH V SUBPH E PB62/22	000558-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580023309	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	639	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579942809	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	189	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580051359	ESPLANADE PH VIII SUBPH A & B PB62/152	734	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579965309	ESPLANADE PHASE IV PB59/7	484	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579929059	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	228	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579917309	ESPLANADE PH II PB55/146	66	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583225809	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	269	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579978559	0	16104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579923009	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	60	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579953859	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	307	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579929609	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	329	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583228809	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	329	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579960909	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	217	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579952659	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	283	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580022859	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	630	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579966509	ESPLANADE PHASE IV PB59/7	508	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579966809	ESPLANADE PHASE IV PB59/7	514	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583217309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	126	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579940009	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	133	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583241659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	550	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583225559	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	264	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583225909	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	271	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579929409	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	325	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579953959	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	309	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580064509	0	021203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579974609	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PHASE 4 OR2678/6548	204102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579962409	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	247	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579960059	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	200	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579947609	ESPLANADE PHASE III REVISED PORTION PB57/57	462-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580054659	ESPLANADE PH VIII SUBPH A & B PB62/152	800	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583231709	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	387	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579942709	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	187	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579963209	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	263	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583216009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	100	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583238409	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	485	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583223009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	238	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579926559	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	178	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579914459	ESPLANADE PH II PB55/146	9	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579960209	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	203	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579948209	ESPLANADE PHASE III REVISED PORTION PB57/57	474-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579977759	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 8 OR2782/0238	107203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580070159	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583238959	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	496	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580020709	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	587	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579940909	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	151	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583221959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	217	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579904109	ESPLANADE PHASE I PB55/11-21	44	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580023209	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	637	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579908009	ESPLANADE PHASE I PB55/11-21	122	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580063659	0	018204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579931809	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	373	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579907909	ESPLANADE PHASE I PB55/11-21	120	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579988559	ESPLANADE PH III PARTIAL REPLAT PB59/83	315	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579946609	ESPLANADE PHASE III REVISED PORTION PB57/57	442-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579941159	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	156	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580017359	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	520	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583220909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	198	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579954059	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	311	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583240609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	529	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579942759	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	188	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579926309	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	173	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580028409	ESPLANADE PH VII PB61/169	706	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583232309	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	399	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579962659	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	252	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579961509	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	229	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579960109	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	201	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579977809	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 8 OR2782/0238	107204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579906559	ESPLANADE PHASE I PB55/11-21	93	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583216459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	109	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579940109	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	135	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580022259	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	618	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579903309	ESPLANADE PHASE I PB55/11-21	6	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580060859	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 22 OR2746/7059	22203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579946509	ESPLANADE PHASE III REVISED PORTION PB57/57	440-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579965559	ESPLANADE PHASE IV PB59/7	489	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579955209	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	431	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579923309	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	66	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580023809	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	649	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580045359	ESPLANADE PH V SUBPH E PB62/22	840	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579965459	ESPLANADE PHASE IV PB59/7	487	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583219409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	168	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579915559	ESPLANADE PH II PB55/146	31	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579940209	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	137	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579979459	0	17104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580061109	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 23 OR2746/7081	23102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579916159	ESPLANADE PH II PB55/146	43	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583231459	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	382	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580050209	ESPLANADE PH VIII SUBPH A & B PB62/152	711	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
580071759	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583219509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	170	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579938159	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	96	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579965359	ESPLANADE PHASE IV PB59/7	485	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579951859	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	267	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579908859	ESPLANADE PHASE I PB55/11-21	139	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580070209	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579975309	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 5 OR 2695/7619	104106	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579926459	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	176	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579940709	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	147	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583216909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	118	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583231309	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	379	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579942159	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	176	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579945959	ESPLANADE PHASE III REVISED PORTION PB57/57	407-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580045909	ESPLANADE PHASE V SUBPH G PB63/12	1108	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580054959	ESPLANADE PH VIII SUBPH A & B PB62/152	806	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580054559	ESPLANADE PH VIII SUBPH A & B PB62/152	798	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579938509	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	103	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580044209	ESPLANADE PH V SUBPH E PB62/22	000541-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583217209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	124	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579905309	ESPLANADE PHASE I PB55/11-21	68	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583243859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	594	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583220759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	195	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579906259	ESPLANADE PHASE I PB55/11-21	87	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579963259	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	264	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579972109	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3025	202104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580017109	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	515	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583243159	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	580	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580052459	ESPLANADE PH VIII SUBPH A & B PB62/152	756	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583230109	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	355	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583220359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	187	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580044259	ESPLANADE PH V SUBPH E PB62/22	000542-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579975809	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 3 OR 2702/6817	205205	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583222009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	218	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580017309	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	519	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580026259	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	698	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580062209	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 25 OR2771/1634	25201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579928859	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	224	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579971259	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH I OR2565/7400	14105	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583212659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	33	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580045159	ESPLANADE PH V SUBPH E PB62/22	700	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583229209	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	337	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579928809	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	223	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579921259	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	25	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583239959	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	516	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579917759	ESPLANADE PH II PB55/146	75	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579911209	ESPLANADE PHASE I SUBPHASE H & I PB55/130	24	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583213959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	59	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583215159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	83	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580053359	ESPLANADE PH VIII SUBPH A & B PB62/152	774	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579915459	ESPLANADE PH II PB55/146	29	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579927959	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	206	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579930759	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	352	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583212809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	36	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579945809	ESPLANADE PHASE III REVISED PORTION PB57/57	404-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579952509	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	280	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579971359	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH I OR2565/7400	14107	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583240059	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	518	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580046109	ESPLANADE PHASE V SUBPH G PB63/12	1112	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583231059	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	374	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579939109	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	115	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579915159	ESPLANADE PH II PB55/146	23	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579920409	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	8	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579904209	ESPLANADE PHASE I PB55/11-21	46	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583222559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	229	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580046209	ESPLANADE PHASE V SUBPH G PB63/12	1114	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579931609	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	369	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579966209	ESPLANADE PHASE IV PB59/7	502	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579988159	ESPLANADE PH III PARTIAL REPLAT PB59/83	256	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579922209	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	44	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579941859	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	170	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583240659	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	530	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580055409	ESPLANADE PH VIII SUBPH A & B PB62/152	815	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583233359	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	420	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580024959	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	672	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579923859	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	77	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580055959	ESPLANADE PH VIII SUBPH A & B PB62/152	826	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583230909	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	371	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579929109	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	229	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583221309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	1201	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580021509	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	603	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580055859	ESPLANADE PH VIII SUBPH A & B PB62/152	824	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579938359	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	100	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579951959	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	269	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580024059	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	654	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583218709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	154	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583240759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	532	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580054709	ESPLANADE PH VIII SUBPH A & B PB62/152	801	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580054409	ESPLANADE PH VIII SUBPH A & B PB62/152	795	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579907009	ESPLANADE PHASE I PB55/11-21	102	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579930859	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	354	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579907409	ESPLANADE PHASE I PB55/11-21	110	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583231959	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	392	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583221659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	211	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580044009	ESPLANADE PH V SUBPH E PB62/22	537-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579923059	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	61	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579914409	ESPLANADE PH II PB55/146	8	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580051159	ESPLANADE PH VIII SUBPH A & B PB62/152	730	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
580052509	ESPLANADE PH VIII SUBPH A & B PB62/152	757	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579978609	0	16201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579947459	ESPLANADE PHASE III REVISED PORTION PB57/57	459-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579914909	ESPLANADE PH II PB55/146	18	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583216659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	113	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580055359	ESPLANADE PH VIII SUBPH A & B PB62/152	814	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579921409	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	28	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579914559	ESPLANADE PH II PB55/146	11	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583233259	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	418	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580025159	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	676	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579922509	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	50	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579904059	ESPLANADE PHASE I PB55/11-21	43	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579988759	ESPLANADE PH III PARTIAL REPLAT PB59/83	319	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579961209	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	223	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579978309	0	11204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580022209	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	617	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579953459	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	299	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579988359	ESPLANADE PH III PARTIAL REPLAT PB59/83	260	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580054809	ESPLANADE PH VIII SUBPH A & B PB62/152	803	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583240809	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	533	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579963809	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	275	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579955109	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	429	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579940609	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	145	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579962209	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	243	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579905059	ESPLANADE PHASE I PB55/11-21	63	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579945709	ESPLANADE PHASE III REVISED PORTION PB57/57	402-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583219009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	160	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583240959	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	536	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583215709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	94	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583214959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	79	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583240859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	534	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583243259	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	582	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579960159	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	202	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583212459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	29	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579963459	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	268	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580026009	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	693	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579952709	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	284	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579974209	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 1 OR2635/3107	301104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580056409	ESPLANADE PH VIII SUBPH A & B PB62/152	835	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583220809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	196	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580023759	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	648	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579954959	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	426	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579914859	ESPLANADE PH II PB55/146	17	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579943309	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	199	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579966059	ESPLANADE PHASE IV PB59/7	499	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583215359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	87	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579929809	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	333	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580055459	ESPLANADE PH VIII SUBPH A & B PB62/152	816	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579939659	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	126	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579961159	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	222	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583219259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	165	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580060359	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 20 OR2717/7763	20203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579950309	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	236	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583221059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	201	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580070359	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579916459	ESPLANADE PH II PB55/146	49	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580017809	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	529	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579961659	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	232	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580021859	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	610	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583220609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	192	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583226159	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	276	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579946359	ESPLANADE PHASE III REVISED PORTION PB57/57	415-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583233209	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	417	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580045109	ESPLANADE PH V SUBPH E PB62/22	699	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579914359	ESPLANADE PH II PB55/146	7	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583206359	LAKEWOOD CENTRE NORTH I CONDO THIRD AMEND CB40/49	0	Commercial	$17,444.24	$163,318	$10,891.72	$11,711.53	37.6%	
580062609	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 26 OR 2775/6133	26104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579942409	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	181	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583220559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	191	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579971659	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3011	102104	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583214059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	61	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583231809	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	389	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579972909	SARACINA II AT ESPLANADE LWR PH 3 OR2612/7424	203108	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579942359	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	180	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579911059	ESPLANADE PHASE I SUBPHASE H & I PB55/130	21	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580063109	0	19202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583232009	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	393	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579916309	ESPLANADE PH II PB55/146	46	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579961759	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	234	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579988709	ESPLANADE PH III PARTIAL REPLAT PB59/83	318	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580024859	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	670	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583241209	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	541	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579963059	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	260	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579966009	ESPLANADE PHASE IV PB59/7	498	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583239909	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	515	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580028359	ESPLANADE PH VII PB61/169	705	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579978909	0	18102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580024009	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	653	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579923159	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	63	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580022409	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	621	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579923359	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	67	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579907559	ESPLANADE PHASE I PB55/11-21	113	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579976109	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 6 OR2741/0912	105103	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579963109	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	261	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580021459	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	602	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583239859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	514	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583223359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	245	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579916259	ESPLANADE PH II PB55/146	45	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579951729	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	263/264	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579922609	0	52	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579903709	ESPLANADE PHASE I PB55/11-21	14	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580055659	ESPLANADE PH VIII SUBPH A & B PB62/152	820	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580063009	0	19104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579907259	ESPLANADE PHASE I PB55/11-21	107	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580051709	ESPLANADE PH VIII SUBPH A & B PB62/152	741	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583222359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	225	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580021159	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	596	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580025009	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	673	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583211659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	13	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583215959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	99	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579952859	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	287	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583212309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	26	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583214109	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	62	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583227359	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	300	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579921959	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	39	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579927059	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	188	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580051009	ESPLANADE PH VIII SUBPH A & B PB62/152	727	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
583221159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	203	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579943259	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	198	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583218259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	145	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583232959	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	412	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583220259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	185	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579923109	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	62	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580051459	ESPLANADE PH VIII SUBPH A & B PB62/152	736	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579970059	SARACINA I AT ESPLANADE LWR PH I OR2560/1632	1101	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579971709	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3011	102105	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579928559	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	218	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580043759	ESPLANADE PH V SUBPH E PB62/22	000532-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580024359	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	660	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583227159	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	296	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580050459	ESPLANADE PH VIII SUBPH A & B PB62/152	716	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
583214759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	75	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579950959	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	249	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579932109	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	379	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579942209	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	177	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579943109	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	195	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579943209	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	197	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579962009	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	239	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580057059	ESPLANADE PH VI PB64/178	843	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579912659	ESPLANADE PHASE I SUBPHASE H & I PB55/130	155	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583238509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	487	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583226659	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	286	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579946459	ESPLANADE PHASE III REVISED PORTION PB57/57	417-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580061759	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 24 OR2757/1756	24201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583229159	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	336	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579918609	ESPLANADE PH II PB55/146	92	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583234009	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	433	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583214259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	65	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579912309	ESPLANADE PHASE I SUBPHASE H & I PB55/130	148	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580060159	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 20 OR2717/7763	20103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579915659	ESPLANADE PH II PB55/146	33	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580061209	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 23 OR2746/7081	23104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579946659	ESPLANADE PHASE III REVISED PORTION PB57/57	443-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583233759	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	428	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579916409	ESPLANADE PH II PB55/146	48	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579963759	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	274	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579926809	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	183	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583229709	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	347	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580025659	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	686	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580052709	ESPLANADE PH VIII SUBPH A & B PB62/152	761	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579911309	ESPLANADE PHASE I SUBPHASE H & I PB55/130	26	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583226109	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	275	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580017459	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	522	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580060609	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 22 OR2746/7059	22102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579927109	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	189	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579923509	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	70	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580017509	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	523	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579966459	ESPLANADE PHASE IV PB59/7	507	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580054309	ESPLANADE PH VIII SUBPH A & B PB62/152	793	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583233409	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	421	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579932309	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	383	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579912059	ESPLANADE PHASE I SUBPHASE H & I PB55/130	41	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583232759	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	408	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579973059	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 3 OR2618/6102	103101	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579945259	ESPLANADE PHASE III REVISED PORTION PB57/57	393-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580053959	ESPLANADE PH VIII SUBPH A & B PB62/152	786	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583227009	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	293	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580023109	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	635	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583223509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	248	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580071309	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579928459	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	216	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583227859	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	310	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583212059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	21	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580054159	ESPLANADE PH VIII SUBPH A & B PB62/152	790	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579972759	SARACINA II AT ESPLANADE LWR PH 3 OR2612/7424	203105	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580057209	ESPLANADE PH VI PB64/178	846	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579947709	ESPLANADE PHASE III REVISED PORTION PB57/57	464-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580026109	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	695	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579941709	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	167	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583215909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	98	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583227609	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	305	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579977559	0	107103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583215309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	86	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583221559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	209	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579927709	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	201	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580044059	ESPLANADE PH V SUBPH E PB62/22	538-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583214309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	66	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579938709	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	107	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579926509	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	177	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579972009	SARACINA II AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3025	202102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583238859	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	494	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579930109	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	339	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583216559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	111	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579903909	ESPLANADE PHASE I PB55/11-21	18	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580062659	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 26 OR 2775/6133	26201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583216959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	119	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579952309	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	276	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583227559	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	304	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583213709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	54	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583211259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	5	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580019309	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	559	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580025359	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	680	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583233959	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	432	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580054859	ESPLANADE PH VIII SUBPH A & B PB62/152	804	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579940059	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	134	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580024659	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	666	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579941509	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	163	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583240709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	531	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583232459	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	402	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583244759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	612	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583231509	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	383	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579950259	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	235	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579926059	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	168	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583223309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	244	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579953359	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	297	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580025059	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	674	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583228959	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	332	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580044309	ESPLANADE PH V SUBPH E PB62/22	543-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580056109	ESPLANADE PH VIII SUBPH A & B PB62/152	829	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583215209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	84	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580044109	ESPLANADE PH V SUBPH E PB62/22	000539-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583244559	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	608	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580050909	ESPLANADE PH VIII SUBPH A & B PB62/152	725	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
579905459	ESPLANADE PHASE I PB55/11-21	71	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579977309	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 7 OR2761/0258	106204	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579922659	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	53	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583214459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	69	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583221409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	1203	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579954559	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	418	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580025209	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	677	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583228709	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	327	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579905929	ESPLANADE PHASE I PB55/11-21	80	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579954709	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	421	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580056309	ESPLANADE PH VIII SUBPH A & B PB62/152	833	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579904309	ESPLANADE PHASE I PB55/11-21	48	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579924059	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	81	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580045259	ESPLANADE PH V SUBPH E PB62/22	702	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579927809	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	203	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579939309	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	119	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580051259	ESPLANADE PH VIII SUBPH A & B PB62/152	732	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583222259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	223	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579932009	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	377	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580045409	ESPLANADE PH V SUBPH E PB62/22	841	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579975559	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 3 OR 2702/6817	205101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580060809	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 22 OR2746/7059	22202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579966159	ESPLANADE PHASE IV PB59/7	501	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579979359	0	17102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583228009	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	313	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579962959	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	258	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583243609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	589	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579951759	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	265	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580023509	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	643	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583243509	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	587	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579918859	ESPLANADE PH II PB55/146	97	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583219559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	171	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583213859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	57	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579907459	ESPLANADE PHASE I PB55/11-21	111	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579951009	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	250	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583218309	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	146	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583232809	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	409	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579918509	ESPLANADE PH II PB55/146	90	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579918959	ESPLANADE PH II PB55/146	99	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579904559	ESPLANADE PHASE I PB55/11-21	53	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579947259	ESPLANADE PHASE III REVISED PORTION PB57/57	455-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579906459	ESPLANADE PHASE I PB55/11-21	91	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583225259	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	258	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579953909	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	308	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583218659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	153	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579917259	ESPLANADE PH II PB55/146	65	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579942859	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	190	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579938659	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	106	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579950509	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	240	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579940159	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	136	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583228159	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	316	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583234059	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	434	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583244459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	606	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579913209	ESPLANADE PHASE I SUBPHASE H & I PB55/130	166	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583219809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	176	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583217059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	121	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583217259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	125	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579921859	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	37	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579970159	SARACINA I AT ESPLANADE LWR PH I OR2560/1632	1103	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579905409	ESPLANADE PHASE I PB55/11-21	70	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583222509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	228	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583226209	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	277	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579971559	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2595/3011	102102	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583223159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	241	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580019809	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	569	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580050159	ESPLANADE PH VIII SUBPH A & B PB62/152	710	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
583223059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	239	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579906209	ESPLANADE PHASE I PB55/11-21	86	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583232659	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	406	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579963509	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	269	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583221459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	1204	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579962359	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	246	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579904459	ESPLANADE PHASE I PB55/11-21	51	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579908959	ESPLANADE PHASE I PB55/11-21	141	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583243009	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	577	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580053609	ESPLANADE PH VIII SUBPH A & B PB62/152	779	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580044159	ESPLANADE PH V SUBPH E PB62/22	000540-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579961309	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	225	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583219159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	163	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580020459	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	582	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583220209	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	184	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579939409	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	121	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580061909	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 24 OR2757/1756	24204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583213609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	52	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579962059	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	240	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583231259	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	378	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579962609	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	251	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579960309	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	205	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583222609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	230	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579917009	ESPLANADE PH II PB55/146	60	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580060109	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 20 OR2717/7763	20102	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579926859	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	184	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580020559	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	584	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580071709	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579950559	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	241	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579922309	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	46	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583231559	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	384	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580052559	ESPLANADE PH VIII SUBPH A & B PB62/152	758	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579917509	ESPLANADE PH II PB55/146	70	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583212759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	35	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580061409	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 23 OR2746/7081	23204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580019959	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	572	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583222459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	227	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579966259	ESPLANADE PHASE IV PB59/7	503	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579904609	ESPLANADE PHASE I PB55/11-21	54	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583226759	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	288	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580061859	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 24 OR2757/1756	24203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580056559	ESPLANADE PH VIII SUBPH A & B PB62/152	838	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579950909	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	248	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579945909	ESPLANADE PHASE III REVISED PORTION PB57/57	406-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580060209	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 20 OR2717/7763	20104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583247709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	671	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580061159	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 23 OR2746/7081	23103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579921459	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	29	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580050959	ESPLANADE PH VIII SUBPH A & B PB62/152	726	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
579966409	ESPLANADE PHASE IV PB59/7	506	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579950209	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	234	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580055209	ESPLANADE PH VIII SUBPH A & B PB62/152	811	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583226559	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	284	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583229109	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	335	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579976259	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 6 OR2741/0912	105202	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583215609	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	92	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579928359	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	214	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579973109	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 3 OR2618/6102	103102	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579919059	ESPLANADE PH II PB55/146	101	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583214509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	70	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579929209	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	321	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580063159	0	19203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579970109	SARACINA I AT ESPLANADE LWR PH I OR2560/1632	1102	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583211559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	11	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579961709	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	233	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580017159	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	516	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583213009	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	40	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583233159	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	416	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580053209	ESPLANADE PH VIII SUBPH A & B PB62/152	771	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579915909	ESPLANADE PH II PB55/146	38	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579940309	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	139	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579906759	ESPLANADE PHASE I PB55/11-21	97	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583238759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	492	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580053909	ESPLANADE PH VIII SUBPH A & B PB62/152	785	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
583216359	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	107	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579914609	ESPLANADE PH II PB55/146	12	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579976609	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2750/3794	206104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583217659	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	133	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583217909	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	138	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579928909	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	225	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579908409	ESPLANADE PHASE I PB55/11-21	130	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579903859	ESPLANADE PHASE I PB55/11-21	17	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579905979	ESPLANADE PHASE I PB55/11-21	81	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579951159	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	253	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579988059	ESPLANADE PH III PARTIAL REPLAT PB59/83	254	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579988109	ESPLANADE PH III PARTIAL REPLAT PB59/83	255	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580052409	ESPLANADE PH VIII SUBPH A & B PB62/152	755	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
Portion of 579901629	0	0	Esplanade	$40,113.07	$375,551	$25,045.54	$26,930.69	37.6%	
580064209	0	021101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580063559	0	018202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580071409	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580071459	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580071509	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580071559	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580071609	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580070959	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580071009	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580071059	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580071209	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580071259	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580070559	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580070609	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580070659	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580070759	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580070809	0	0	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583226309	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	279	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579918459	ESPLANADE PH II PB55/146	89	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580055509	ESPLANADE PH VIII SUBPH A & B PB62/152	817	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579965109	ESPLANADE PHASE IV PB59/7	480	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579927009	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	187	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579953709	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	304	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580055909	ESPLANADE PH VIII SUBPH A & B PB62/152	825	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579946559	ESPLANADE PHASE III REVISED PORTION PB57/57	441-R	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583213559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	51	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580021559	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	604	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579979209	0	18204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579966109	ESPLANADE PHASE IV PB59/7	500	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580020959	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	592	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579961009	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	219	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583221509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	208	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579930159	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	340	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579941659	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	166	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579965809	ESPLANADE PHASE IV PB59/7	494	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583219959	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	179	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579922359	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	47	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579926159	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	170	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583226459	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	282	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579908059	ESPLANADE PHASE I PB55/11-21	123	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579988209	ESPLANADE PH III PARTIAL REPLAT PB59/83	257	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580052809	ESPLANADE PH VIII SUBPH A & B PB62/152	763	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583229259	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	338	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579942259	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	178	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579965059	ESPLANADE PHASE IV PB59/7	479	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580052659	ESPLANADE PH VIII SUBPH A & B PB62/152	760	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580061259	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 23 OR2746/7081	23201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579940859	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	150	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583238359	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	484	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583228759	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	328	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579912759	ESPLANADE PHASE I SUBPHASE H & I PB55/130	157	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579976659	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2750/3794	206201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580052109	ESPLANADE PH VIII SUBPH A & B PB62/152	749	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583213459	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	49	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
583213509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	50	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579923559	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	71	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579921309	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	26	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579947809	ESPLANADE PHASE III REVISED PORTION PB57/57	466-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579974559	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PHASE 4 OR2678/6548	204101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
583230209	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	357	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579906859	ESPLANADE PHASE I PB55/11-21	99	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583242759	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	572	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579938109	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	95	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580055109	ESPLANADE PH VIII SUBPH A & B PB62/152	809	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579930259	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	342	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580061309	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 23 OR2746/7081	23202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579938209	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	97	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583225659	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	266	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580045959	ESPLANADE PHASE V SUBPH G PB63/12	1109	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580056059	ESPLANADE PH VIII SUBPH A & B PB62/152	828	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579960709	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	213	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579966659	ESPLANADE PHASE IV PB59/7	511	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579962509	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	249	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580024459	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	662	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583230059	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	354	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
580020909	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	591	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579977159	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 7 OR2761/0258	106201	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
583238709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	491	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583216259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	105	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579953609	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	302	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579924409	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	88	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583227659	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	306	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579938909	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	111	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579962559	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	250	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580023959	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	652	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580017259	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	518	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579978959	0	18103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579965409	ESPLANADE PHASE IV PB59/7	486	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580022459	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	622	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583243459	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	586	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579961259	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	224	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583223559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	249	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579928209	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	211	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583218509	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	150	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579942109	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	175	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583226409	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	281	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579907609	ESPLANADE PHASE I PB55/11-21	114	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579929309	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	323	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580054759	ESPLANADE PH VIII SUBPH A & B PB62/152	802	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580056159	ESPLANADE PH VIII SUBPH A & B PB62/152	830	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580020759	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	588	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583222759	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	233	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580062009	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 25 OR2771/1634	25101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579962159	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	242	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579934159	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	434	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579923459	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	69	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579920309	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	6	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579988459	ESPLANADE PH III PARTIAL REPLAT PB59/83	313	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579963159	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	262	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579931309	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	363	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583225859	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	270	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579938959	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	112	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580051909	ESPLANADE PH VIII SUBPH A & B PB62/152	745	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579965509	ESPLANADE PHASE IV PB59/7	488	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583226709	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	287	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580024759	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	668	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579916959	ESPLANADE PH II PB55/146	59	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579941309	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	159	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583223709	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	252	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579904009	ESPLANADE PHASE I PB55/11-21	20	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
583229659	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	346	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579961609	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	231	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579939809	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	129	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580052359	ESPLANADE PH VIII SUBPH A & B PB62/152	754	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580053159	ESPLANADE PH VIII SUBPH A & B PB62/152	770	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579915859	ESPLANADE PH II PB55/146	37	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
580022009	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	613	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580021759	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	608	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580055059	ESPLANADE PH VIII SUBPH A & B PB62/152	808	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583233509	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	423	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580045759	ESPLANADE PHASE V SUBPH G PB63/12	1105	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579966309	ESPLANADE PHASE IV PB59/7	504	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583242709	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	571	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579921159	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	23	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
583233109	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	415	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
580053059	ESPLANADE PH VIII SUBPH A & B PB62/152	768	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583244609	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	609	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580024709	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	667	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579951629	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	262/263	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
580045309	ESPLANADE PH V SUBPH E PB62/22	839	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579947209	ESPLANADE PHASE III REVISED PORTION PB57/57	454-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579930959	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	356	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580025809	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	689	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579973309	SARACINA I AT ESPLANADE LAKEWOOD RANCH PH 3 OR2618/6102	103106	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579931409	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	365	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580062109	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 25 OR2771/1634	25103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580050809	ESPLANADE PH VIII SUBPH A & B PB62/152	723	Esplanade	$1,554.40	$14,553	$970.53	$1,043.58	37.6%	
580051309	ESPLANADE PH VIII SUBPH A & B PB62/152	733	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579975709	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 3 OR 2702/6817	205104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580055609	ESPLANADE PH VIII SUBPH A & B PB62/152	819	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579920859	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	17	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579918709	ESPLANADE PH II PB55/146	94	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579953109	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	292	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583230859	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	370	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579904409	ESPLANADE PHASE I PB55/11-21	50	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
583239009	HARMONY AT LAKEWOOD RANCH PH II SUBPH C UNITS 1, 2, 3, & 4 PB63/143	497	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583222059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	219	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579921559	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	31	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
580060659	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 22 OR2746/7059	22103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579979559	0	17202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579907059	ESPLANADE PHASE I PB55/11-21	103	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579911509	ESPLANADE PHASE I SUBPHASE H & I PB55/130	30	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579952409	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	278	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583226059	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	274	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579920809	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	16	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583229459	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	342	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579911909	ESPLANADE PHASE I SUBPHASE H & I PB55/130	38	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579978509	0	16103	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579934209	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	435	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583228309	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	319	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583230659	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	366	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583231909	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	391	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579929509	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	327	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580063509	0	018201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580053509	ESPLANADE PH VIII SUBPH A & B PB62/152	777	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583215259	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	85	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580020259	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	578	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
580020309	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	579	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579946309	ESPLANADE PHASE III REVISED PORTION PB57/57	414-R	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579955009	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	427	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580022659	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	626	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579960359	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	206	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579908659	ESPLANADE PHASE I PB55/11-21	135	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580062359	BACCIANO II AT ESPLANADE LAKEWOOD RANCH PH 25 OR2771/1634	25204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579916209	ESPLANADE PH II PB55/146	44	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579988409	ESPLANADE PH III PARTIAL REPLAT PB59/83	261	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579914059	ESPLANADE PH II PB55/146	1	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580063459	0	018104	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579903659	ESPLANADE PHASE I PB55/11-21	13	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579934259	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	436	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583228509	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	323	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
583228609	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	325	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
579976459	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 2 OR2750/3794	206101	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579929909	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	335	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
580022509	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	623	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579952109	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	272	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579950059	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	231	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583215809	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	96	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580046009	ESPLANADE PHASE V SUBPH G PB63/12	1110	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583211159	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	3	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579953559	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	301	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	

Folio	

Legal	

Lot #	

Neighborhood	
Series 2011 Net Annul Assessment	

Series 2020 Bond Principal per Unit	Series 2020 Bond
Net Annual Assessment per
Unit	Series 2020 Bond Gross Annual Assessment per
Unit (1)	

Savings	
579950409	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	238	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579932559	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	388	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580051859	ESPLANADE PH VIII SUBPH A & B PB62/152	744	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579930309	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	343	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
579917559	ESPLANADE PH II PB55/146	71	Esplanade	$926.39	$8,673	$578.42	$621.95	37.6%	
583229959	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	352	Harmony	$1,300.09	$12,172	$811.74	$872.84	37.6%	
583214559	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	71	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579988659	ESPLANADE PH III PARTIAL REPLAT PB59/83	317	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579979109	0	18202	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580023059	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	634	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579903059	ESPLANADE PHASE I PB55/11-21	1	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579963009	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	259	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579976159	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PH 6 OR2741/0912	105104	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579922859	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	57	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583215409	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	88	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580051759	ESPLANADE PH VIII SUBPH A & B PB62/152	742	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
583217859	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	137	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
579922959	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	59	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
579911159	ESPLANADE PHASE I SUBPHASE H & I PB55/130	23	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
580045209	ESPLANADE PH V SUBPH E PB62/22	701	Esplanade	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583213059	HARMONY AT LAKEWOOD RANCH PHASE I PB57/177	41	Harmony	$1,161.86	$10,878	$725.44	$780.04	37.6%	
580063059	0	19201	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
579939459	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	122	Bridgewater	$1,804.98	$16,899	$1,126.98	$1,211.81	37.6%	
583232159	HARMONY AT LAKEWOOD RANCH PH II SUBPH A & B PB60/1	396	Harmony	$1,524.43	$14,272	$951.81	$1,023.46	37.6%	
579954859	ESPLANADE PHASE III SUBPHASES E G & H PB57/148	424	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579978259	0	11203	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580053309	ESPLANADE PH VIII SUBPH A & B PB62/152	773	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
580052959	ESPLANADE PH VIII SUBPH A & B PB62/152	766	Esplanade	$1,681.01	$15,738	$1,049.58	$1,128.58	37.6%	
579947409	ESPLANADE PHASE III REVISED PORTION PB57/57	458-R	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579970359	SARACINA I AT ESPLANADE LWR PH I OR2560/1632	1107	Esplanade	$922.99	$8,641	$576.29	$619.67	37.6%	
579929709	ESPLANADE PHASE III SP A B C D J & PORTION OF F PB56/148	331	Esplanade	$801.78	$7,506	$500.61	$538.29	37.6%	
579916109	ESPLANADE PH II PB55/146	42	Esplanade	$1,104.77	$10,343	$689.79	$741.71	37.6%	
579974909	BACCIANO I AT ESPLANADE LAKEWOOD RANCH PHASE 4 OR2678/6548	204204	Esplanade	$1,300.33	$12,174	$811.89	$873.00	37.6%	
580017559	ESPLANADE PHASE V SUBPHASES A, B, C, D, E & F PB60/63	524	Esplanade	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579940959	BRIDGEWATER PHASE II AT LAKEWOOD RANCH PB57/33	152	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579921009	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	20	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579921059	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	21	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579921609	BRIDGEWATER PHASE I AT LAKEWOOD RANCH PB56/30	32	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579961809	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	235	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579961409	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	227	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
579963359	BRIDGEWATER PHASE III AT LAKEWOOD RANCH PB58/17	266	Bridgewater	$2,252.35	$21,087	$1,406.31	$1,512.16	37.6%	
				TOTAL	$29,100,000	$1,940,682.00	$2,086,754.84		
Gross assessments include an allowance for the statutory early-payment discount (4.0%), an allowance for the fees charged by the county property appraiser and tax collector (3%), for a grand total gross-up of 7%

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Resolution 2020-36

RESOLUTION 2020-36

A RESOLUTION SETTING FORTH THE SPECIFIC TERMS OF THE LAKEWOOD RANCH STEWARDSHIP DISTRICT’S SPECIAL ASSESSMENT REVENUE REFUNDING BONDS, SERIES 2020 (LAKEWOOD CENTRE & NW SECTOR PROJECTS); CONFIRMING AND ADOPTING SUPPLEMENTAL SPECIAL ASSESSMENT METHODOLOGY REPORT; CONFIRMING, ALLOCATING AND AUTHORIZING THE COLLECTION OF SPECIAL ASSESSMENTS SECURING SERIES 2020 REFUNDING BONDS; PROVIDING FOR THE SUPPLEMENT TO THE IMPROVEMENT LIEN BOOK; PROVIDING FOR CONFLICTS, SEVERABILITY AND AN EFFECTIVE DATE.

WHEREAS, the Lakewood Ranch Stewardship District (“District”) has previously indicated its intention to undertake, install, establish, construct or acquire certain public infrastructure improvements and to finance such public infrastructure improvements through the imposition of special assessments on benefitted property within the District and the issuance of bonds; and

WHEREAS, the District, in accordance with Chapters 170 and 197, Florida Statutes, and Chapter 2007-338, Laws of Florida, without limitation, previously adopted Resolutions 2011-06, 2011-07, 2011-11, 2012-11, 2015-10 and 2019-08 imposing a master assessment lien on benefitted property within the District’s “Lakewood Centre & NW Sector” project (collectively, the “Assessment Resolution”); and

WHEREAS, the District issued its Series 2011 Special Assessment Revenue Bonds (Lakewood Centre & NW Sector Projects) in the par amount of $36,255,000 (the “Series 2011 Bonds”) and levied special assessments to the secure the 2011 Bonds (the “Series 2011 Assessments”); and

WHEREAS, as of September 4, 2020, there is presently $30,945,000 principal amount of the Series 2011 Bonds outstanding, which bonds are secured by certain of the benefited lands within the Lakewood Centre & NW Sector projects within the District, with the exception of any residential units that have prepaid the Series 2011 Assessments levied on such unit in full; and

WHEREAS, in order to achieve both aggregate and annual debt service savings, the District has determined it is in the best interest of the District, its residents and landowners, to refinance the outstanding Series 2011 Bonds via the issuance of refunding bonds; and

WHEREAS, on March 6, 2020, the District’s Board of Supervisors (the “Board”) adopted Resolution 2020-16 authorizing the issuance of the District’s $26,070,000.00 Lakewood Ranch Stewardship District Senior Taxable Special Assessment Revenue Refunding Bonds, Series 2020A-1 (Lakewood Centre & NW Sector Projects) (the "Series 2020A-1 Bonds") and its
$3,030,000.00 Subordinate Taxable Special Assessment Revenue Refunding Bonds, Series 2020A-2 (Lakewood Centre & NW Projects) (the "Series 2020A-2 Bonds," collectively with the Series  2020A-1  Bonds  the "Series  2020  Refunding  Bonds") for the purpose of refunding   the

District’s outstanding Series 2011 Bonds; and

WHEREAS, pursuant to and consistent with the Assessment Resolution, this Resolution shall set forth the terms of Series 2020 Refunding Bonds actually issued by the District and confirm the lien of the levy of special assessments securing the Series 2020 Refunding Bonds.

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LAKEWOOD RANCH STEWARDSHIP DISTRICT AS FOLLOWS:

SECTION 1. AUTHORITY FOR THIS RESOLUTION. This Resolution is adopted pursuant to the provisions of Florida law, including without limitation Chapters 170 and 197 Florida Statutes, and the Assessment Resolution.

SECTION 2. FINDINGS. The Board of Supervisors of the Lakewood Ranch Stewardship District hereby finds and determines as follows:

The District, after due notice and public hearing, previously adopted the Assessment Resolution, which, among other things, equalized, approved, confirmed and levied special assessments on property benefitting from the infrastructure improvements authorized by the District. This Resolution shall supplement the Assessment Resolution for the purpose of setting forth the specific terms of the Series 2020 Refunding Bonds and certifying the amount of the lien of the special assessments securing any portion of the Series 2020 Refunding Bonds, including interest, costs of issuance, and the number of payments due.

The Supplemental Assessment Methodology Report for Lakewood Ranch Stewardship District, Lakewood Centre and Northwest Sector Taxable Series 2020 Refunding Bonds, dated August 21, 2020, attached to this Resolution as Exhibit A (the “Supplemental Assessment Report”), applies the Amended and Restated Master Assessment Methodology Report for Lakewood Ranch Stewardship District Lakewood Centre and Northwest Sector, dated December 7, 2018, as may be amended from time to time (the “Master Assessment Report” and together with the Supplemental Assessment Report, the “Assessment Methodology”), to the Series 2020 Refunding Bonds. The Supplemental Assessment Report is hereby approved, adopted and confirmed. The District ratifies its use in connection with the sale of the Series  2020 Refunding Bonds.

The District’s Project, as described in the Amended and Restated Master Engineer’s Report for Northwest Quadrant at Lakewood Ranch Infrastructure Improvements dated November 6, 2018, as may be amended from time to time, and constructed in connection with the Series 2011 Bonds continues to specially benefit all of the properties identified in the Supplemental Assessment Report. The benefits of the District’s Project continue to exceed the assessments allocated as provided in the Supplemental Assessment Report.

SECTION  3.	CONFIRMATION  OF  MAXIMUM  ASSESSMENT  LIEN   FOR
SERIES 2020 REFUNDING BONDS. This Resolution is intended to set forth the terms of the Series  2020  Refunding  Bonds  and  the  final  amount  of  the  lien  of  the  special assessments

securing those bonds. The Series 2020 Refunding Bonds shall bear such rates of interest and maturity as shown on Exhibit B attached hereto. The sources and uses of funds of the Series 2020 Refunding Bonds shall be as set forth in Exhibit C. The debt service due on the Series 2020 Refunding Bonds is set forth on Exhibit D attached hereto. The lien of the special assessments securing the Series 2020 Refunding Bonds on certain developable land within the District, as such land is described in Exhibit A, shall be the principal amount due on the Series 2020 Refunding Bonds, together with accrued but unpaid interest thereon, and together with the amount by which the annual assessments shall be grossed up to include early payment discounts required by law and costs of collection.

SECTION  4.	ALLOCATION OF ASSESSMENTS SECURING SERIES 2020 REFUNDING BONDS.

The special assessments for the Series 2020 Refunding Bonds shall be allocated in accordance with Exhibit A. The Supplemental Assessment Report is consistent with the District’s Master Assessment Report. The Supplemental Assessment Report, considered herein, reflects the actual terms of the issuance of the District’s Series 2020 Refunding Bonds. The estimated costs of collection of the special assessments for the Series 2020 Refunding Bonds are as set forth in the Supplemental Assessment Report.

The lien of the special assessments securing the Series 2020 Refunding Bonds includes that certain land within the District (as those district boundaries may be adjusted pursuant to law) that originally secured the Series 2011 Bonds, as set forth in more detail in the Assessment Methodology, with the exception of those residential units which have prepaid in full the debt service assessments securing the Series 2011 Bonds. To the extent land is added to the District, the District may, by supplemental resolution at a regularly noticed meeting and without the need for a public hearing, determine such land to be benefitted and reallocate the special assessments securing the Series 2020 Refunding Bonds and impose special assessments on the newly added and benefitted property.

Taking into account capitalized interest and earnings on certain funds and accounts as set forth in the Master Trust Indenture and Twenty Ninth Supplemental Trust Indenture, the District shall begin annual collection of special assessments for the Series 2020 Refunding Bonds debt service payments using the methods available to it by law. Debt service payments and semi-annual installments of interest are reflected on Exhibit D.

The District hereby certifies the special assessments for collection and directs staff to take all actions necessary to meet the time and other deadlines imposed for collection by Manatee County and other Florida law. The District intends, unless inapplicable or unavailable, to collect the special assessments securing the Series 2020 Refunding Bonds using the Uniform Method in Chapter 197, Florida Statutes. The District Manager shall prepare or cause to be prepared each year a tax roll for purposes of effecting the collection of the special assessments and present the same to the District Board as required by law. The District Manager is further directed and authorized to take all actions necessary to collect any prepayments of debt as and when due and to collect special assessments on unplatted property using methods available to the District authorized by Florida law.

SECTION 5. IMPROVEMENT  LIEN BOOK.  Immediately following the adoption of this Resolution these special assessments as reflected herein shall be recorded by the Secretary of the Board of the District in the District’s Improvement Lien Book. The special assessment or assessments against each respective parcel shall be and shall remain a legal, valid and binding first lien on such parcel until paid and such lien shall be coequal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims.
SECTION 6. CONFLICTS; OTHER PROVISIONS REMAIN IN EFFECT. This
Resolution is intended to supplement the Assessment Resolution, which remains in full force and effect. This Resolution and the Assessment Resolution shall be construed to the maximum  extent possible to give full force and effect to the provisions of each resolution. Notwithstanding the foregoing, upon the issuance of the Series 2020 Refunding Bonds and the complete redemption of the Series 2011 Bonds, the lien of the Series 2011 Assessments shall cease to secure the Series 2011 Bonds and shall instead be pledged to secure the Series 2020 Refunding Bonds; provided, however, that the lien of the Series 2011 Assessments relative to the Series 2011 Bonds shall remain in effect for a particular parcel until such time as such parcel has paid all annual installments of the Series 2011 Assessments relative to the Series 2011 Bonds certified for collection as of the date of this Resolution.

SECTION 7. ASSESSMENT NOTICE. The District’s Secretary is hereby directed to record a Notice of Series 2020 Refunding Bonds (Lakewood Centre & NW Sector Projects) secured by the Series 2011 Assessments in the Official Records of Manatee County, Florida, or such other instrument evidencing the actions taken by the District.

SECTION 8. SEVERABILITY. If any section or part of a section of this resolution be declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

SECTION 9. EFFECTIVE DATE. This Resolution shall become effective upon its adoption.

[Signatures on Next Page]

PASSED AND ADOPTED this 4th day of September, 2020.

ATTEST:	LAKEWOOD RANCH STEWARDSHIP DISTRICT

Secretary	Rex Jensen, Chairman

Exhibit A:	Supplemental Assessment Report, dated August 21 2020 Exhibit B:	Maturities and Coupon of Series 2020 Refunding Bonds Exhibit C:	Sources and Uses of Funds for Series 2020 Refunding Bonds Exhibit D:	Annual Debt Service Payment Due on 2020 Refunding Bonds

Exhibit A Supplemental Assessment Report

Exhibit B

Maturities and Coupon of Series 2020 Refunding Bonds

Exhibit C
Sources and Uses of Funds

Exhibit D

Debt Service Requirements

BOND DEBT    ERVICE

Lakewoo d Ranc h Stewardship Disll'ict (Man atee County, Florida)
Lakewood Centre & NW Sector Projects
Sen io r TaJ<able pecial A sessment. Revenue Re fun di ng Bonds, Series 2020A- I S&P 'A-' Un derlying, AGM Ins ured (Seoior Boods)
PR JCT G DATE: 08/20/2020 FINAL VERI FIED u BER
Period	Bood	Total
Ending	Principal	Coupoo	!meres t	Debt Service	Balaoce	Bond Value	
11 /01/2020			88,06084	88,060.84	26,070,000	26,070,000	
11 /01/2021	1 ,075, 000	0.941%	616,548 08	1,691 ,548.08	24,995,000	24,995,000	
11 /01 /2022	1,085 , 000	1.041 %	605,842 78	1 ,6 90,842.78	23,91 0 , 0 00	23,91 0, 000	
1 1/01/2023	1,095, 000	1.164%	593,822.46	1,688 ,822 .46	22 ,815,000	22,815,000	
1 1/01/2024	1 ,110 ,000	1.522%	579,002.46	1,689, 002.46	21 ,705 ,0 00	21,705, 000	
11  /01 /2025	1 , 1 30, 000	1 .622 %	561 , 39 1 .06	1,6 91 , 39 1 .06	20,575,000	20,575,000	
11 /01/2026	1,15 0,000	1.810%	541,819 .26	1,691,819 .26	19, 425,000	19 ,425,000	
1 1/01/2027	1,170, 000	1.910%	520,238.26	1,690,238 .26	18,255,0 00	18,255, 000	
11 /01/2028	1,195, 000	2.201%	495,913 .78	1,690,913 .78	17,060,000	17,060, 000	
11  /01 /2029	1, 220,000	2.301 %	468,726 70	1,688 , 726 70	1 5 , 840,000	1 5 , 840, 000	
11  /01 /2030	1, 250,000	2.401 %	439,684 35	1,68 9,68435	1 4,590,000	1 4,590,000	
1 1/01/2031	1,280 ,000	2.651%	407,711.70	1 ,687,711.70	13,3 10,000	13 ,3 10,000	
11 /01 /2032	1,3 1 5 , 000	2.651 %	373,31 4.98	1 ,688 ,3 1 4.98	1 1 , 995,000	11 ,995 , 000	
11 /01 /2033	1,350 , 000	2.651 %	337,990 41	1 ,687 , 990 4 1	I 0 , 645,000	1 0 , 645,000	
1 1/01/2034	1,390, 000	2.651%	301,671.71	1,691 ,67 1.71	9,255,000	9,255,000	
11  /01 /2035	1 , 425,000	2.651 %	264,358 88	1,68 9,358 88	7,830,000	7,830,000	
11  /01 /2036	1 , 470,000	3.135 %	222,428 25	1,6 92,428 25	6,360,000	6,360,000	
1 1/01/2037	1,515,000	3.135%	175 ,638 .38	1,690 ,638.38	4,845,000	4,845,000	
11 /01/2038	1,565,000	3.135%	127,3593 8	1,692,359.38	3,280,000	3,280,000	
1 1/01/2039	1,615,000	3.135%	77,512 .88	1,69 2,512 .88	1,665,000	1 ,665 ,000	
11  /01 /2040	1,665 , 000	3. 135 %	26,098.88	1,6 91 , 098 88			
	26,070,000		7,825,135 .48	33,895 ,135 .48			

BOND  DEBT SERVICE

Lakewood Ranch Stewards hip District (Manatee Coumy, Florida)
Lakewood  Ceiitre &    W Sector Projects
S u bordinate Ta,,able Spec ia l Assessment Re venue Re fun ding Bond s, eries 2020A-2 No nJat.ed
PRI  I NG DATE: 08/20/2020
Fl AL VE R IFIED NU MBERS

Perio d	Bond	Total
Ending	Principal	Coupon	Int erest	Debt Service	Balance	Bond Value

	1 1 /0 1 /2020			22,51 4.38	22,51 4 38	3,030 ,000	3,030,000	
	11/0112021	90,000	5000%	I 56,675.00	246,675.00	2,940,000	2,940,000	
	11/01/2022	95,000	5 000%	1 52,050.00	247,050.00	2,845,000	2,845,000	
	1 1 /0 1 /2023	1 00, 000	5.000%	1 47,1 75.00	247, 1 75 .00	2,745,000	2,745,000	
	11/01/2024	105 ,000	5000%	14 2,050.00	247,050.00	2,640 ,000	2,640,000	
	11/01/2025	110,000	5.000%	I 36,675.00	246,675.00	2,530,000	2,530,000	
	11/01/2026	115,000	5 000%	131,050.00	246,050 .00	2,415 ,0 00	2,415, 000	
	11/01/2027	120,000	5.000%	125 , 175.00	245,175.00	2,295,000	2,295,000	
	11/01/2028	125,000	5.000%	1 19, 050.00	244,050.00	2,170,000	2,1 70,000	
	11/01/2029	135,000	5.000%	112,55 0.00	247,550 .00	2,035,000	2,035,000	
	11/01/2030	140,000	5.000%	105 ,675.00	245,675.00	1,895,000	1,895,000	
	11/01/2031	14 5,000	5.250%	98,368.75	243,368.75	1,750,000	1,750,000	
	11/01/2032	155,000	5.250 %	90,493.75	245,493.75	1,595 ,0 00	1,595,000	
	I l/ 0 1 /2033	1 65 , 000	5 250%	82,093.75	247,093.75	1, 430,0 00	1, 430, 000	
	11/01/2034	175 ,000	5.250%	73, 16, 8 75	248,168.75	1,255,000	1,255,000	
	11/01/2035	180,000	5.250%	63,850.00	243,850.00	1,075,000	1,075,000	
	1 1 /01 /2036	1 90, 000	5 500%	53,900.00	243,900.00	885,000	885,000	
	I 1/0 1 /2037	205,000	5 500%	43,037.50	248,037 50	680,000	680,000	
	11/0 1/2038	215,000	5.500%	31,487. 50	246,487 .50	465,000	465, 000	
	I I /0 l /2039	225,000	5.500%	1 9,387.50	244,387 50	240,000	240,000	
	1 1 /0 1 /2040	240,000	5.500%	6,600.00	246,600 00			
		3,030,000		1,9 13,026.88	4,943,026.88			

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Other Matters

(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Financing Matters Relative to the Azario Project,
Series 2020 Bonds

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Resolution 2020-37

(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Supplemental Assessment Methodology Report

SUPPLEMENTAL ASSESSMENT METHODOLOGY REPORT LAKEWOOD RANCH STEWARDSHIP DISTRICT NORTHEAST SECTOR AZARIO PROJECT AREA
SERIES 2020 BONDS

August 2020

Prepared for:

Board of Supervisors,
Lakewood Ranch Stewardship District

Prepared on August 13, 2020

PFM Financial Advisors LLC
12051 Corporate Boulevard
Orlando, FL 32817

SUPPLEMENTAL ASSESSMENT METHODOLOGY REPORT LAKEWOOD RANCH STEWARDSHIP DISTRICT
NORTHEAST SECTOR AZARIO PROJECT AREA SERIES 2020 BONDS

August 13, 2020

Introduction

Background

The Lakewood Ranch Stewardship District (“District”) was created on June 17, 2005. The District encompasses approximately 25,605 acres in Manatee and Sarasota Counties. The District’s Azario Project Area (“Azario” and/or the “Development”) currently comprises +/- 992 acres located in the Northeast Sector (“Sector”) that contains +/- 3,853 gross acres. The District Engineer’s report of July 2020, as amended and restated, (“District Engineer’s Report”)1 provides a description of the area and a location map.

The District adopted its Master Assessment Methodology Report Lakewood Ranch Stewardship District Northeast Sector Azario Project Area, dated October 4, 2019 (“Master Methodology”) at its December 6, 2019 meeting. Azario’s landowner and developer of Azario, Taylor Morrison of Florida, Inc. (“Landowner”), has entered into negotiations with SMR Northeast, LLC to purchase an additional 19.1 acres of land located within the District’s boundaries just outside of the northeast corner of the Development (the “Expansion Parcel”). Upon successful expansion of the Development’s boundaries, Azario will include 1,011 acres. The Landowner has updated the development plan for Azario to include a total of 1,825 residential units.

The District previously issued its Special Assessment Revenue Bonds, Series 2018 (Northeast Sector - Phase 1B Project) (the “2018 Northeast Sector Phase 1B Bonds”) to construct a portion of the Northeast Sector Improvements which are partially secured by special assessments levied on the same lands encumbered by the 2020 Bonds secured by the Series 2020 Assessments. Further, the District previously issued its Special Assessment Revenue Bonds, Series 2019 (Azario Project) (the “2019 Azario Bonds”) to construct a portion of the Azario CIP, defined herein, in the estimated amount of $11.4 million. The 2019 Azario Bonds are partially secured by special assessments levied on the same lands encumbered by the Special Assessment Revenue Bonds, Series 2020 (“Bonds” and/or “Series 2020 Bonds”) secured by the Series 2020 Assessments.

The Series 2020 Bonds will fund neighborhood infrastructure within the Development. The Series 2020 Assessments levied in connection with the 2020 Bonds are only intended to be levied on all 1,518 units planned within the Azario Esplanade Neighborhood (“Azario Esplanade”), as discussed further herein. Table 1 displays projected land use plan for the Development and its planned 1,825 residential units.

1 Waldrop Engineering (July 2020), “Engineer’s Report Azario Lakewood Ranch”

Table 1: Projected Land Use Plan – Azario

Category	Units
Azario - Active Adult Golf Lot (Front Feet)
42’	324
52’	198
62’	193
76’	97
90’	36
======
Subtotal	848
Non-Golf Lot (Front Feet)
38’/45’	296
52’	251
62’	123
======
Subtotal	670
======

Total Azario Esplanade

Park East	1,518	
42’	86	
52’	91	
62’	89	
76’	41	
Subtotal	307	
Total	1,825	
Source: The Landowner

Assessment Methodology

Overview

This Supplemental Assessment Methodology Report Lakewood Ranch Stewardship District Northeast Sector Azario Project Area Series 2020 Bonds (“Supplemental Methodology”) provides a methodology for allocating the assessments securing the repayment of the planned Series 2020 Bonds to be issued by the District. This Supplemental Report applies and operates pursuant to the methodology outlined in the Master Methodology.

The District’s Capital Improvement Plan for the Development and the District Engineer’s Estimate of Cost

Based upon the projected land use plan for the Development created by the Landowner, the District Engineer has developed the Capital Improvement Plan (“Azario CIP”) for the Development. These cost estimates are summarized in Table 2 below. The Engineer estimates a total project cost of $35,763,321. The Azario CIP estimate excludes financing costs and interest expenses.

Table 2: District Engineer’s Estimated Costs for
The District’s Capital Improvement Program for the Development

Category	Total	
Stormwater	$17,006,463	
Wastewater	$8,360,454	
Potable Water	$6,201,880	
Engineering & Survey	$1,112,455	
Perimeter Berm & Landscaping	$507,064	
Contingency	$2,575,004
==========	
Total	$35,763,321	
Note: Upon consummation of the sale of the Expansion Parcel, the Master Methodology will be amended to reflect the cost categories and total costs identified in Table 2 above.
Source: Waldrop Engineering (July 2020), “Engineer’s Report Azario Lakewood Ranch” for the total and PFM for the District Component

Table 3 provides a summary of the Series 2020 Bonds totaling $6,460,000 that will fund a portion of the District’s Azario CIP.

Table 3: Estimated Size of the Series 2020 Bonds for the District Portion of The Azario CIP

Bond Sizing	Amount	
Construction Account	$5,935,881	
Debt Service Reserve Fund	$186,852	
Capitalized Interest	$43,067	
Costs of Issuance	$165,000	
Underwriter's Discount	$129,200	
Rounding	$0
==========	
Total	$6,460,000	
Source: MBS Capital Markets, LLC

The debt service reserve account is set initially at 50% of maximum annual debt service. The bond sizing includes two months of capitalized interest. The underwriter’s discount is estimated at 2.0%. This allowance pays the underwriter for taking the risks involved in purchasing the District’s bonds. The cost of issuance pays for the trustee, financial advisor, district counsel and other costs associated with issuing the District's bonds.

Allocation to Benefiting Properties

As described above, until such time as either: (a) properties are sold along with their entitlements or (b) plats are recorded; the specific land uses in the District are not known with certainty. Therefore, at the outset, the debt is allocated on an acreage basis across all benefited acres in the Azario project area totaling approximately 1,011 acres after the completion of the contemplated purchase and addition of the 19.1 acres constituting the Expansion Parcel. As the sale and platting process unfolds, the District will more finely articulate the allocation of debt to benefiting properties based on their land uses. As discussed further herein under Section 2.4, while all lands within the Development benefit from the Azario CIP, the Developer will contribute infrastructure included in the Azario CIP that will completely satisfy the 2020 Assessments that would otherwise have been levied for the benefit derived from the Azario CIP on certain development tracts within the Development, specifically the Park East Neighborhood planned for 307 residential units. The 2020 Bonds were sized to correspond to the collection of Series 2020 Assessments from the 1,518 residential lots planned within Azario Esplanade of the Development. Table 4 summarizes the allocation of the Series 2020 Bonds totaling $6,460,000 within Azario Esplanade.

Table 4. Allocation of Total Series 2020 Debt

Category	Units	Par/Unit	Total Par	
Azario - Active Adult				
Golf Lot (Front Feet)				
42	324	$917	$297,172	
52	198	$4,403	$871,704	
62	193	$7,338	$1,416,152	
76	97	$11,006	$1,067,617	
90	36	$14,675	$528,305	
Non-Golf Lot (Front Feet)				
38/45	296	$917	$271,490	
52	251	$4,403	$1,105,039	
62	123
==========	$7,338	$902,522
==========	
Total	1,518		6,460,000	
Source: PFM Financial Advisors LLC

Table 5 presents the annual debt service allocations to the benefitting properties based on their allocation of total par debt shown in Tables 5 and 6, using the estimated average coupon interest rate of 4.0% on the Series 2020 Bonds. The administrative charges include an allowance for the early payment of property taxes of 4% (since the assessments will be collected along with all other property taxes using the Uniform Method of collection) and a 3% charge by the Property Tax Collector and the Property Tax Assessor for their collection services.

Table 5. Allocation of Annual Debt Service for the Series 2020 Bonds

Category	Debt Service/Unit	Administrative
Charges	Total Annual Debt
Service	
Azario - Active Adult				
Golf Lot (Front Feet)				
42’	$53	$4	$57	
52’	$255	$19	$274	
62’	$424	$32	$456	
76’	$637	$48	$685	
90’	$849	$64	$913	
Non-Golf Lot (Front Feet)				
38’/45’	$53	$4	$57	
52’	$255	$19	$274	
62’	$424	$32	$456	
Source: PFM Financial Advisors LLC

Table 6 demonstrates that the allocation of Series 2020 Bonds, as described above, will provide the debt service payments required for the Series 2020 Bonds.

Table 6. Total Debt Service Allocations for the Series 2020 Bonds

Category	Units	Total Debt Service	Administrative Charges	Total Annual Debt Service	
Azario - Active Adult					
Golf Lot (Front Feet)					
42’	324	$17,191	$1,294	$18,485	
52’	198	$50,427	$3,796	$54,223	
62’	193	$81,923	$6,166	$88,089	
76’	97	$61,761	$4,649	$66,409	
90’	36	$30,562	$2,300	$32,862	
Non-Golf Lot (Front Feet)					
38’/45’	296	$15,705	$1,182	$16,888	
52’	251	$63,925	$4,812	$68,737	
62’	123
==========	$52,210
==========	$3,930
==========	$56,140
==========	
Total	1,518	$373,705	$28,128	$401,833	
Source: PFM Financial Advisors LLC

Upon the successful expansion of the Development’s boundaries, the Master Methodology will be amended to reflect the 1,825 units planned within the Development. Thus, as previously noted above, based on the sizing of the 2020 Bonds, the Series 2020 Assessments will be allocated to all 1,518 residential units located in Azario Esplanade, inclusive of the density planned within the Expansion Parcel. Thus, upon closing on the 2020 Bonds, $0.02 million of net proceeds will be deposited and held in the Retainage Subaccount in the 2020 Acquisition and Construction Account established for the seventy-five (75) lots pending zoning approval and completion of the modification of the assessment process for the forty-eight (48) units within the Expansion Parcel. To the extent modifications to the zoning ordinance and the required modifications to the Assessment Proceedings have not been completed by March 15, 2021, the monies held in the Retainage Subaccount (together with proceeds from the 2020 Debt Service Reserve Account) will be transferred to the 2020 Prepayment Subaccount and applied to the extraordinary mandatory redemption of the 2020 Bonds applicable to such seventy- five (75) lots.

Contribution of District Infrastructure and/or Improvements

The costs of the District’s Azario CIP will be funded by two mechanisms. The first mechanism is the issuance of special assessment bonds. The second mechanism is the contribution of funds or Azario CIP components to the District (“Contribution”). Consistent with the Master Methodology, the Landowner anticipates contributing a portion of the Azario CIP to the District in order to establish target levels of debt to be assigned by product type within the District in the form of contributing funds and or properties/products. Table 7 summarizes the Contribution associated with the Park East lots within the District.

Table 7. Contribution Summary – Park East Lots

	Par per Unit		
Single Family 42'	86	$21,072	$5,997	$15,075	
Single Family 52'	91	$27,093	$7,008	$20,085	
Single Family 62'	89	$31,106	$8,002	$23,104	
Single Family 76'	41	$38,130	$9,013	$29,118	
Total	307				

Category	Lots

Neighborhood Bonds Master Lien per Unit

Neighborhood Bonds Series 2019 Azario Bonds

Contribution

Source: PFM Financial Advisors LLC

True Up Mechanism

The true up mechanism provides a critical safeguard in the assessment process preventing a buildup of debt on undeveloped properties. The mechanism has two parts: (1) establishment of the Ceiling Amount and (2) application of the test to assure the Ceiling is not exceeded. The Ceiling Amount is established by dividing: (a) the debt that is not allocated to platted properties in Azario by (b) the number of unplatted acres of properties in Azario.

The District’s Series 2020 Bonds total $6,460,000. Based on the total expected acreage in the Azario project area of 1,011 after the completion of the contemplated purchase and addition of the 19.1 acres, Ceiling Amount would be set at $6,392 per gross acre calculated as $6,460,000 / 1,011 acres.

The second part of the process is the application of the test to assure that a plat does not cause the debt on the remaining unplatted acres to exceed the Ceiling Amount. The test is conducted at the platting thresholds of 25%, 50%, 75% and 90% based on gross acreage. Table 8 displays the timing for these tests.

At each threshold the District would calculate the remaining unallocated debt per unplatted acre. If the remaining debt per unplatted acre is below the Ceiling Amount, then no further action is needed. However, if the remaining debt were to be above the Ceiling Amount, then the Landowner would be obligated to make a True Up payment to bring the debt per unplatted acre down below the Ceiling Amount.

TABLE 8. STAGE OF DEVELOPMENT FOR TRUE UP TEST

Category	25%	50%	75%	90%	
Cumulative Acres	253	505	758	910	
Unallocated Acres	758	505	253	101	
Source: PFM Financial Advisors LLC

Tax Roll

Table 9 presents the tax roll for Azario. The benefitted parcels are identified by parcel numbers at this juncture. When the Manatee County Property Appraiser assigns tax identification numbers, the District will update the tax roll. The annual assessment amount is calculated based on an interest rate of 4.5% and a term of 30-years. The administrative charges include charges of 1.5% for the Manatee County Property Tax Assessor, 1.5% for the Manatee County Property Appraiser, and a 4% collection allowance for early payment of property taxes.

Table 9. Tax Roll

Tax Identification Number	
Acres	
Par Debt	Annual Assessment	Administrative
Fees	Total Annual Assessment	

576000209	
991.51	
$6,337,910	
$366,642	
$27,597	
$394,238	
Expansion Parcel	19.10
========	$122,090
===========	$7,063
===========	$532
===========	$7,594
===========	
Total	1,010.61	$6,460,000	$373,705	$28,128	$401,833	
Source: PFM Financial Advisors LLC

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Resolution 2020-38

RESOLUTION 2020-38

A RESOLUTION SETTING FORTH THE SPECIFIC TERMS OF THE LAKEWOOD RANCH STEWARDSHIP DISTRICT’S SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2020 (AZARIO PROJECT); CONFIRMING THE DISTRICT’S PROVISION OF INFRASTRUCTURE IMPROVEMENTS AND ADOPTING AN ENGINEER’S REPORT; CONFIRMING AND ADOPTING A SUPPLEMENTAL	ASSESSMENT	REPORT; CONFIRMING, ALLOCATING AND AUTHORIZING THE COLLECTION OF SPECIAL ASSESSMENTS SECURING SERIES 2020 BONDS; PROVIDING FOR THE APPLICATION OF TRUE-UP PAYMENTS; PROVIDING FOR THE SUPPLEMENT TO THE IMPROVEMENT LIEN BOOK; PROVIDING FOR THE RECORDING OF A NOTICE OF SERIES 2020 SPECIAL ASSESSMENTS; PROVIDING FOR CONFLICTS, SEVERABILITY AND AN EFFECTIVE DATE.

WHEREAS, the Lakewood Ranch Stewardship District (“District”) has previously indicated its intention to undertake, install, establish, construct or acquire certain public infrastructure improvements and to finance such public infrastructure improvements through the imposition of special assessments on benefitted property within the District and the issuance of bonds; and

WHEREAS, the District’s Board of Supervisors (“Board”) has previously adopted, after notice and public hearing, Resolution 2020-09 relating to the imposition, levy, collection and enforcement of such special assessments; and

WHEREAS, pursuant to and consistent with the terms of Resolution 2020-09, this Resolution shall set forth the terms of bonds actually issued by the District, and apply the adopted special assessment methodology to the actual scope of the project to be completed with  a series of bonds and the terms of the bond issue; and

WHEREAS, on 	, 2020, the District entered into a Bond Purchase Contract whereby it agreed to sell its $ 		Special Assessment Revenue Bonds, Series 2020 (Azario Project) (the “Series 2020 Bonds”); and

WHEREAS, pursuant to and consistent with Resolution 2020-09, the District desires to set forth the particular terms of the sale of the Series 2020 Bonds and confirm the lien of the special assessments securing the Series 2020 Bonds (the “Series 2020 Assessments”).

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LAKEWOOD RANCH STEWARDSHIP DISTRICT AS FOLLOWS:

SECTION 1. AUTHORITY FOR THIS RESOLUTION. This Resolution is adopted pursuant to the provisions of Florida law, including Chapters 170 and 197, Florida Statutes, and Resolution 2020-09.

SECTION 2. FINDINGS. The Board of Supervisors of the Lakewood Ranch Stewardship District hereby finds and determines as follows:

On November 22, 2019, the District, after due notice and public hearing, adopted Resolution 2020-09, which, among other things, equalized, approved, confirmed and levied special assessments on property benefitting from the infrastructure improvements authorized by the District. That Resolution provided that as each series of bonds was issued to fund all or any portion of the District’s infrastructure improvements, a supplemental resolution would be adopted to set forth the specific terms of the bonds and certifying the amount of the lien of the special assessments securing any portion of the bonds, including interest, costs of issuance, the number of payments due, the True-Up amounts and the application of receipt of True-Up proceeds.

The Engineer's Report Azario Lakewood Ranch, amended and restated July 30, 2020, attached to this Resolution as Exhibit A (the “Engineer’s Report”), identifies and describes the presently expected components of the improvements to be financed with the Series 2020 Bonds (the “Improvements”). The District hereby confirms that the Improvements serve a proper, essential and valid public purpose. The Engineer’s Report is hereby confirmed. The District ratifies its use in connection with the sale of the Series 2020 Bonds.

The Supplemental Assessment Methodology Report Lakewood Ranch Stewardship District   Northeast   Sector   Azario Project,  dated 	, 2020, attached to this Resolution as Exhibit B (the “Supplemental Assessment Report”), applies the Master Assessment Methodology Report for Lakewood Ranch Stewardship District Northeast Sector Azario Project dated October 4, 2019 (the “Master Assessment Methodology”) to the actual terms of the Series 2020 Bonds. The Supplemental Assessment Report is hereby approved, adopted and confirmed. The District ratifies its use in connection with the sale of the Series  2020 Bonds.

The Improvements will specially benefit all of the developable acreage within the areas comprising the Azario Project within the District, as set forth in the Supplemental Assessment Report. It is reasonable, proper, just and right to assess the portion of the costs of  the Improvements financed with the Series 2020 Bonds to the specially benefited properties within the District as set forth in Resolution 2020-09 and this Resolution.

SECTION  3.	CONFIRMATION  OF  MAXIMUM  ASSESSMENT  LIEN   FOR
SERIES 2020 BONDS.  As provided in Resolution 2020-09, this Resolution is intended to set

forth the terms of the Series 2020 Bonds and the final amount of the lien of the special assessments securing those bonds.

The Series 2020 Bonds, in a par amount of $ 	shall bear such rates of interest and maturity as shown on Exhibit C attached hereto. The final payment on the Series 2020 Bonds shall be due on May 1,    .   The sources and uses of funds of the Series 2020    Bonds shall be as set forth in Exhibit D. The debt service due on the Series 2020 Bonds is set forth on Exhibit E attached hereto. The lien of the special assessments securing the Series 2020 Bonds on all developable land within the areas comprising the Azario Project within the District shall be the principal amount due on the Series 2020 Bonds, together with accrued but unpaid interest thereon, and together with the amount by which annual assessments are grossed up to include early payment discounts required by law and costs of collection.

SECTION 4. ALLOCATION OF ASSESSMENTS SECURING SERIES 2020 BONDS.

The special assessments for the Series 2020 Bonds shall be allocated in accordance with Exhibit B which allocation shall initially be on a per acre basis and further allocated as lands are platted. The Supplemental Assessment Report is consistent with the District’s Master Assessment Methodology. The Supplemental Assessment Report, considered herein, reflects the actual terms of the issuance of the District’s Series 2020 Bonds. The estimated costs  of collection of the special assessments for the Series 2020 Bonds are as set forth in the Supplemental Assessment Report.

The lien of the special assessments securing the Series 2020 Bonds includes all developable land within the Azario Project of the District, and as such land is ultimately defined and set forth in plats or other designations of developable acreage. To the extent land is added to the District, the District may, by supplemental resolution, determine such land to be benefited by the Improvements and reallocate the special assessments securing the Series 2020 Bonds and impose special assessments on the newly added and benefited property.

Taking into account capitalized interest and earnings on certain funds and accounts as set forth in the Master Trust Indenture and Twenty-Sixth Supplemental Trust Indenture, the District shall begin annual collection of special assessments for the Series 2020 Bonds debt service payments using the methods available to it by law. Debt service payments and semi- annual installments of interest are reflected on Exhibit E. The Series 2020 Bonds include an amount for capitalized interest through November 1, 2020.

The District hereby certifies the special assessments for collection and directs staff to take all actions necessary to meet the time and other deadlines imposed by Manatee County for collection and other Florida law. The District intends, to the extent possible and subject to entering into the appropriate agreements with the Manatee County Tax Collector and Manatee County Property Appraiser, to collect the Series 2020 Assessments on platted lands using the Uniform Method in Chapter 197, Florida Statutes. The District intends, to the extent possible, to directly bill, collect and enforce the Series 2020 Assessments on unplatted lands. The District

Manager shall prepare or cause to be prepared each year a tax roll for purposes of effecting the collection of the special assessments and present same to the District Board as required by law. The District Manager is further directed and authorized to take all actions necessary to collect any prepayments of debt as and when due and to collect special assessments on unplatted property using methods available to the District authorized by Florida law

SECTION 5. APPLICATION OF TRUE-UP PAYMENTS. Pursuant to Resolution 2020-09, there may be required from time to time certain True-Up payments. As lands are  platted or approved for development, the special assessments securing the Series 2020 Bonds shall be allocated to the platted lands and the unplatted lands as set forth in Resolution 2020-09, this Resolution, and the Supplemental Assessment Report, including, without limitation, the application of the True-Up process set forth in Section 8 of Resolution 2020-09. Based on the final par amount of $ 	in Series 2020 Bonds, the True-Up calculations will be made in accordance with the process set forth in the Supplemental Assessment Report. The District shall apply all True-Up payments related to the Series 2020 Bonds only to the credit of the Series 2020 Bonds. All True-Up payments, as well as all other prepayments of assessments, shall be deposited into the accounts specified in the Twenty-Eighth Supplemental Indenture, dated as of September 1, 2020, governing the Series 2020 Bonds.

SECTION 6. IMPROVEMENT  LIEN BOOK.  Immediately following the adoption of this Resolution these special assessments as reflected herein shall be recorded by the Secretary of the Board of the District in the District’s Improvement Lien Book. The special assessment or assessments against each respective parcel shall be and shall remain a legal, valid and binding first lien on such parcel until paid and such lien shall be coequal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims.

SECTION  7.  OTHER  PROVISIONS  REMAIN IN EFFECT.	This  Resolution is
intended to supplement Resolution 2020-09, which remains in full force and effect. This Resolution and Resolution 2020-09 shall be construed to the maximum extent possible to give full force and effect to the provisions of each resolution. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.

SECTION 8. ASSESSMENT NOTICE. The District’s Secretary is hereby directed to record a Notice of Series 2020 Special Assessments (Azario Project) securing the Series 2020 Bonds in the Official Records of Manatee County, Florida, or such other instrument evidencing the actions taken by the District.

SECTION 9. SEVERABILITY. If any section or part of a section of this resolution be declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

SECTION 10. EFFECTIVE DATE. This Resolution shall become effective upon its adoption.

PASSED AND ADOPTED this 4th day of September, 2020.

ATTEST:	BOARD OF SUPERVISORS OF THE LAKEWOOD RANCH STEWARDSHIP DISTRICT

Secretary	Tony Chiofalo, Vice Chairman

Exhibit A:	Engineer's Report Azario Lakewood Ranch, amended and restated July 30, 2020
Exhibit B:	Supplemental Assessment Methodology Report Lakewood Ranch Stewardship District Northeast Sector Azario Project, dated 	, 2020
Exhibit C:	Maturities and Coupon of Series 2020 Bonds
Exhibit D:	Sources and Uses of Funds for Series 2020 Bonds
Exhibit E:	Annual Debt Service Payment Due on Series 2020 Bonds

Exhibit A

Engineers Report

Exhibit B

Supplemental Assessment Methodology Report

Exhibit C

Maturities and Coupon of Series 2020 Bonds

Exhibit D

Sources and Uses of Funds for Series 2020 Bonds

Exhibit E
Annual Debt Service Payment Due on Series 2020 Bonds

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Other Matters

(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Financing Matters Relative to the Lorraine Lakes Project, Series 2020 Bonds

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Supplemental Assessment Methodology Report

SUPPLEMENTAL ASSESSMENT METHODOLOGY REPORT LAKEWOOD RANCH STEWARDSHIP DISTRICT NORTHEAST SECTOR LORRAINE LAKES PROJECT AREA

LAKEWOOD RANCH STEWARDSHIP DISTRICT

August 2020

Prepared for:

Members of the Board of Supervisors, Lakewood Ranch Stewardship District

Prepared on August 18, 2020

PFM Financial Advisors LLC
12051 Corporate Boulevard
Orlando, FL 32817

SUPPLEMENTAL ASSESSMENT METHODOLOGY REPORT LAKEWOOD RANCH STEWARDSHIP DISTRICT NORTHEAST SECTOR LORRAINE LAKES PROJECT AREA

August 18, 2020

Introduction

Purpose

This Supplemental Assessment Methodology Report Lakewood Ranch Stewardship District Northeast Sector Lorraine Lakes Project Area, dated August 18, 2020 (“Supplemental Methodology”) provides a system for the allocation of non-ad valorem special assessments securing the repayment of the planned Series 2020 Special Assessment Revenue Bonds to be issued by the Lakewood Ranch Stewardship District (“District”) to fund beneficial public infrastructure improvements and facilities within the Lorraine Lakes Project Area (“Lorraine Lakes” and/or the “Development”) located in the Northeast Sector and within the District. This Supplemental Methodology operates pursuant to the methodology outlined in the Master Assessment Methodology Report Lakewood Ranch Stewardship District Northeast Sector Lorraine Lakes Project Area, dated June 1, 2020 (“Master Methodology”). The Supplemental Methodology described herein has two goals: (1) quantifying the special benefits received by properties within the Lorraine Lakes as a result of the construction of the District’s improvements and facilities, and
equitably allocating the costs incurred by the District to provide these benefits to properties in Lorraine Lakes.

The District plans to implement a capital improvement program (the “Lorraine Lakes CIP”) that will allow for the development of property within Lorraine Lakes. The District plans to fund a portion of its Lorraine Lakes CIP through bond debt financing. This bond debt will be repaid from the proceeds of non-ad valorem special assessments levied by the District. These special assessments will serve as liens against properties within the boundary of the Development that receive a special benefit from the Lorraine Lakes CIP. This Supplemental Methodology is designed to conform to the requirements of Chapters 170, 197 of the Florida Statutes and Chapter 2005-338, Laws of Florida, as amended with respect to special assessments and is consistent with our understanding of the case law on this subject.

Background

The Lakewood Ranch Stewardship District (“District”) was created on June 17, 2005. The District encompasses approximately 25,605 acres in Manatee and Sarasota Counties. Lorraine Lakes comprises +/- 545 acres located in the Northeast Sector, which contains +/- 3,853 gross acres. The District Engineer’s report of June 2020 (“Engineer’s Report”)1 provides a description of the Development.

1 Kimley-Horn and Associates, Inc. (June 2020), “District Engineer’s Report Lorraine Lakes Lakewood Ranch”

This Supplemental Methodology provides a methodology to allocate the debt over the approximately 545 acres in Lorraine Lakes that will receive a special benefit from the installation of the District’s portion of the proposed Lorraine Lakes CIP. It is the District’s debt-funded capital infrastructure improvements that will allow the development of the lands in Lorraine Lakes. By making development of the lands within Lorraine Lakes possible, the District creates benefits to these lands within the District. The methodology described herein allocates the District’s debt to the Development based upon the benefits received from the infrastructure program.

Projected Land Use Plan for Lorraine Lakes

Table 1 summarizes the land use development plan with respect to acreage. As detailed in the Engineer’s Report, the maximum number of units permitted per the current development plan is 1,500 units. As further detailed, the current plan envisions the development of 1,412 residential units that will be developed by Lennar Homes, LLC (the “Developer”).

Table 1. Development Plan for Lorraine Lakes (Acreage)

Land Use	Acres	
Lake	94.8	
Residential	247.7	
Road Right-of-Way	70.2	
Wetland/Conservation Areas	22.6	
Other (Upland, Open Space, etc.)*	109.3	
	=======	
Total	544.6	
Source: District Engineer’s Report
*Acreage is approximate and subject to change

At the outset, the Lorraine Lakes CIP is based on the land uses the Developer plans for the lands within Development as shown in Table 1. Lorraine Lakes is planned for 1,412 residential units varying in lots sizes from townhomes to 75-foot single family lots; and the associated infrastructure detailed in the Lorraine Lakes CIP. Table 2, as provided by the Developer and in the Engineer’s Report, details an initial mix of residential product and phasing planned for the Development. However, until either: (a) parcels of land along with their development entitlements are sold by the Developer to a new landowner and entitlements conveyed or (b) plats are filed, the precise land uses are unknown.

Table 2. Development Plan for Lorraine Lakes

Land Use	 Phase I	Phase IIA	Future Phases		Total		
Townhomes	0	224	68		292		
Villas	98	150	14		262		
50' Lot	108	66	222		396		
60' Lot	90	0	188		278		
75' Lot	82	0	102		184		
TOTAL	378	440	594		1,412		
Source: Developer and District Engineer’s Report

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

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

Lorraine Lakes CIP - Infrastructure Installation

The District will acquire or construct its public infrastructure and improvements as outlined in the Engineer’s Report. The District infrastructure and improvements for the Lorraine Lakes CIP are presented in Table 3.

Table 3: District Engineer’s Estimated Costs for
The District’s Capital Improvement Program for Lorraine Lakes

Category	Phase I	Phase II	Future Phases	Total	
Water	$2,099,373	$1,066,183	$1,452,124	$4,617,680	
Wastewater	$1,169,284	$1,467,564	$4,969,311	$7,606,159	
Drainage	$2,606,662	$1,718,567	$2,176,294	$6,501,522	
Professional, Design, and Permitting	$0	$0	$0	$1,310,000	
Contingency	$0	$0	$0	$1,872,600	
		========	========	========	========	
Total	$5,875,319	$4,252,314	$8,597,729	$21,907,961	
	Source: District Engineer’s Report					
(1) Any costs outlined in the Engineer's Report not funded with bond proceeds will be funded by the Developer via Developer's Completion Agreement	
with the District.

Requirements of a Valid Assessment Methodology

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

Special Benefits and General Benefits

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

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

2.0	Series 2020 Bonds Plan of Finance

The District’s Series 2020 Bonds will have an estimated total par value of $10,360,000. Table 4 presents the details for the Series 2020 Bonds.

Table 4. Details of the Series 2020 Bonds

Category	Series 2020 Bonds	
Construction Fund	$9,229,281	
Debt Service Reserve	$299,586	
Capitalized Interest	$448,933	
Underwriter's Discount	$175,000	
Costs of Issuance	$207,200	
Rounding	$0	
Total Par	$10,360,000	
Max Annual Debt Service	$599,171	
Average Coupon Rate	4.00%	
Term (Years)	30	
Capitalized Interest (Months)	13	
Source: MBS Capital Markets LLC

Assessment Methodology

Assessment Foundation

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

Allocation of Specific Assessments

The Lorraine Lakes CIP cost estimates are outlined in Table 3 and described in detail in the Engineer’s Report. The details of the Series 2020 Bonds issuance required to fund the District’s Lorraine Lakes CIP is shown in Table 4. The principal and related assessments to secure the Series 2020 Bonds will be allocated among the 1,412 lots planned for Lorraine Lakes within the District. The District’s bond debt will be secured primarily by special assessments allocated to properties in the District based on and proportional to the benefits that each property receives from the Lorraine Lakes CIP. As described above, until such time as either: (a) properties are sold along with their entitlements or (b) plats are recorded; the specific land uses in the District are not known with certainty. Therefore, at the outset, the debt is allocated on an equal acreage basis across all benefited acres in the Development totaling approximately 545 acres. As the sale and platting process unfolds, the District will more finely articulate the allocation of debt to benefiting properties based on their land uses.

As noted above, as long as two basic principles are adhered to, Florida law generally allows the District Board some latitude in determining the appropriate methodology to allocate the costs of its Lorraine Lakes CIP to benefiting properties in the District. The two principles are: (1) the properties being assessed must receive a special benefit from the Lorraine Lakes CIP and (2) the assessments allocated to each property must be fairly and reasonably apportioned among the benefiting properties. In allocating special assessments to benefiting property, Florida governments have used a variety of methods including, but not limited to, front footage, area, trip rates, equivalent residential units (“ERU”), dwelling units, and acreage. These ERU values equate the benefit received by a stated amount of such particular land use category to the benefit received by a typical single-family residence. The use of ERU values to estimate the benefit derived from infrastructure improvements is recognized as a simple, fair, and reasonable method for apportioning benefit. The Florida Supreme Court concluded that the ERU method was a valid methodology in its decision in Winter Springs v. State.2 In addition, the ERU methodology is widely used in other similar CDDs.

Table 6 and Table 7 contain the allocation of the District’s Lorraine Lakes CIP costs, as financed, to the Development Units planned for the District. Table 8 shows the annual bond debt service assessments associated with the bond par allocations found in Table 6. Table 8 becomes important as the land within the District is platted, as specific bond debt service assessments will be assigned to the individual Development Units at that time. As described further herein under Section 4.0, while all lands within the Development benefit from the Lorraine Lakes CIP, the Developer will contribute infrastructure included in the Lorraine Lakes CIP in order to establish target levels of debt to be assigned by product type within the Development.

Table 6. Allocation of the Costs of the District’s Lorraine Lakes CIP, as Financed

 	Land Use	Units	Total Par Debt	Par Debt/Unit	
Townhomes	292	$0	$0	
Villas	262	$568,757	$2,171	
50' Lot	396	$3,183,883	$8,040	
60' Lot	278	$3,352,725	$12,060	
75' Lot	184	$3,254,635	$17,688	
 	TOTAL	1,412	$10,360,000	
Source: PFM Financial Advisors LLC

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

Table 7. Allocation of Annual Debt Service, as Financed

	Assessments	Assessments per Unit	Assessments (1)	Assessments per Unit (1)	
Townhomes	292	$0	$0	$0	$0	
Villas	262	$32,894	$126	$35,370	$135	
50' Lot	396	$184,140	$465	$198,000	$500	
60' Lot	278	$193,905	$698	$208,500	$750	
75' Lot	184	$188,232	$1,023	$202,400	$1,100	
TOTAL	1,412	$599,171		$644,270		

Land Use	Units	Net Annual

Net Annual

Gross Annual

Gross Annual

Source: PFM Financial Advisors LLC
Gross assessments represent the assessment placed on the County tax roll each year, if the District elects to use the Uniform Method of collecting non-ad valorem assessments authorized by Chapter 197 of the Florida Statutes. Gross assessments include a 7.0% gross-up to account for the fees of the County Property Appraiser and Tax Collector and the statutory early payment discount.

Table 8. Summary of Annual Assessments

Land Use	Debt/Unit	Net Debt Service	Administrative Expenses	Total Debt Service (1)	
Townhomes	$0	$0	$0	$0	
Villas	$2,171	$126	$9	$135	
50' Lot	$8,040	$465	$35	$500	
60' Lot	$12,060	$698	$53	$750	
75' Lot	$17,688	$1,023	$77	$1,100	
Source: PFM Financial Advisors LLC
(1) Gross assessments represent the assessment placed on the County tax roll each year, if the District elects to use the Uniform Method of collecting non-ad valorem assessments authorized by Chapter 197 of the Florida Statutes. Gross assessments include a 7.0% gross-up to account for the fees of the County Property Appraiser and Tax Collector and the statutory early payment discount.

True-Up Mechanism

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

To preclude this, a test is conducted when development thresholds are reached within the District. As long as the development at these thresholds does not cause the debt on the remaining land to increase above a debt “Ceiling Level” illustrated in Table 9 below, then no further action in necessary. However, if the debt on the remaining land does increase, a debt reduction payment will be necessary.

The ceiling level of debt is established at the time each series of bonds is issued. According to the Engineer’s Report, there are approximately 544.6 gross acres of land within the District. Each of these acres will be assigned an equal assessment of the $10,360,000 in remaining unassigned bond debt assessments. Therefore, the ceiling level of debt for developable and assessable properties is $19,023 per acre ($10,360,000 / 544.6). This ceiling level is based upon the best information available at the time of this report, is subject to change, and will only be finalized at the time of the District’s first bond issuance.

A test will be conducted when 25%, 50%, 75%, and 100% of the acreage within the District has been developed. Table 9 below illustrates when the true-up test will be applied to determine if debt reduction payments are required. However, a true-up payment may be suspended at the District’s discretion. If the property owner can demonstrate to the District, and the District finds in its discretion (consistent with the opinion of the District Engineer), that all necessary land use approvals, including applicable zoning, can reasonably and economically support development totaling greater than or equal to 1,412 units for the District on the remaining unplatted developable acreage within the remaining acres, a true-up payment may be suspended.

Table 9. True- Up Thresholds

Category	25%	50%	75%	100%	
Platted Developable Acres	136.15	272.30	408.45	544.60	
Unplatted Developable Acres	408.45	272.30	136.15	-	
Debt Ceiling per Acre	$19,023	$19,023	$19,023	$19,023	
Source: PFM Financial Advisors LLC

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

4.0	Contribution of District Infrastructure and/or Improvements

The costs of the District’s Lorraine Lakes CIP will be funded by two mechanisms. The first mechanism is the issuance of special assessment bonds. The second mechanism is the contribution of funds or Lorraine Lakes CIP components to the District (“Contribution”). Consistent with the Master Methodology, the Developer anticipates contributing a portion of the Lorraine Lakes CIP to the District in order to establish target levels of debt to be assigned by product type within the Development in the form of contributing funds and or properties/products. Table 10 summarizes the Contribution associated with the Lorraine Lakes lots within the District.

Table 10. Contribution Summary – Lorraine Lakes

Category	
Lots	Master Lien
per Unit	Proposed Series 2020 Par per Unit	Contribution
per Unit	Total Landowner Contribution	
Townhomes	292	$13,627	$0	$13,627	$3,979,000	
Villas	262	$17,520	$2,171	$15,349	$4,021,498	
Executive Home (50’ Lot)	396	$19,467	$8,040	$11,427	$4,524,943	
Manor Home (60’ Lot)	578	$23,360	$12,060	$11,300	$3,141,377	
Estate Home (75’ Lot)	184	$29,200	$17,688	$11,512	$2,118,182	
Total	307				$17,785,000	
Source: PFM Financial Advisors LLC

Assessment Roll

Table 11 outlines the maximum bond principal assessment per assessable acre for the lands within Lorraine Lakes. The assessments shall be paid in not more than thirty (30) annual installments.

Table 11. Assessment Roll

Assessable	Bond Principal Bond Principal	Assessment per	Net Total Bond Annual	Net Annual Assessment	Bond Gross
Annual	Bond Gross Annual Assessment per	
Parcel ID Numbers	Acreage	Assessment	Acre	Assessment	per Acre	Assessment (1)	Acre (1)	
580900409	544.60	$10,360,000	$19,023	$ 599,171	$1,100	$644,270	$1,183	
Source: PFM Financial Advisors LLC
Gross assessments represent the assessment placed on the County tax roll each year, if the District elects to use the Uniform Method of collecting non-ad valorem assessments authorized by Chapter 197 of the Florida Statutes. Gross assessments include a 7.0% gross-up to account for the fees of the County Property Appraiser and Tax Collector and the statutory early payment discount.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Resolution 2020-39

RESOLUTION 2020-39

A RESOLUTION OF LAKEWOOD RANCH STEWARDSHIP DISTRICT SUPPLEMENTING ITS RESOLUTION 2005-16 BY AUTHORIZING THE ISSUANCE OF AND AWARDING THE SALE OF NOT EXCEEDING
$12,000,000 PRINCIPAL AMOUNT OF LAKEWOOD RANCH STEWARDSHIP DISTRICT SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2020 (LORRAINE LAKES PROJECT) FOR THE PURPOSES DESCRIBED HEREIN; DETERMINING THE NEED FOR A NEGOTIATED SALE OF SUCH BONDS AND DELEGATING TO THE CHAIRMAN OR VICE CHAIRMAN OF THE BOARD OF SUPERVISORS OF THE DISTRICT SUBJECT TO COMPLIANCE WITH THE APPLICABLE PROVISIONS HEREOF, THE AUTHORITY TO AWARD THE SALE OF SUCH BONDS TO MBS CAPITAL MARKETS, LLC BY EXECUTING AND DELIVERING TO SUCH UNDERWRITER A BOND PURCHASE CONTRACT; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION OF THE THIRTIETH SUPPLEMENTAL TRUST INDENTURE AND APPOINTING AND APPROVING U.S. BANK NATIONAL ASSOCIATION, AS THE TRUSTEE, BOND REGISTRAR AND PAYING AGENT THEREUNDER; MAKING CERTAIN FINDINGS; APPROVING THE FORM OF SAID BONDS; APPROVING THE FORM OF AND AUTHORIZING THE DISTRIBUTION OF THE PRELIMINARY LIMITED OFFERING MEMORANDUM; APPROVING THE EXECUTION AND DELIVERY OF A FINAL LIMITED OFFERING MEMORANDUM; APPROVING THE FORM OF AND THE EXECUTION AND DELIVERY OF A BOND PURCHASE CONTRACT; AUTHORIZING CERTAIN OFFICIALS OF LAKEWOOD RANCH STEWARDSHIP DISTRICT AND OTHERS TO TAKE ALL ACTIONS REQUIRED IN CONNECTION WITH THE ISSUANCE, SALE AND DELIVERY OF SAID BONDS INCLUDING THE EXECUTION OF THE CONTINUING DISCLOSURE AGREEMENT; PROVIDING CERTAIN OTHER DETAILS WITH RESPECT TO SAID BONDS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, Lakewood Ranch Stewardship District (the "District") is authorized by the Lakewood Ranch Stewardship District Act, Chapter 2005-338, Laws of Florida, as amended (the "Act") to issue its bonds for the purpose of acquiring and constructing public improvements and community facilities all as provided in the Act; and

WHEREAS, the District is authorized by the Act to make payments of principal, interest, and premium, if any, with respect to such bonds by levying and collecting special assessments on property located within the District and benefited by the assessable improvements financed with certain proceeds of the Bonds (hereinafter defined); and

26698/011/01509988.DOCXv1

WHEREAS, the District pursuant to its Resolution 2005-16 (the "First Resolution") authorized the issuance of its not exceeding $4,000,000,000 principal amount of its special assessment revenue bonds (the "Bonds") in separate series for the purposes set forth in said First Resolution; and

WHEREAS, the District now desires to authorize the issuance of and award the sale of its Special Assessment Revenue Bonds, Series 2020 (Lorraine Lakes Project) in a principal amount not exceeding $12,000,000 (collectively, the "2020 Bonds"), to approve the Supplemental Indenture (hereinafter defined) and to provide for various other matters relating to the issuance of the 2020 Bonds; and

WHEREAS, this Resolution is supplemental to the First Resolution; and

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF LAKEWOOD RANCH STEWARDSHIP DISTRICT, as follows:

SECTION 1. Definitions. All words and phrases used herein in capitalized form, unless otherwise defined herein, shall have the meaning ascribed to them in the Indenture (hereinafter defined).

SECTION 2. Authorization. There is hereby authorized to be issued not exceeding
$12,000,000 principal amount of 2020 Bonds. The 2020 Bonds shall be issued under and secured by the Master Trust Indenture dated as of September 1, 2005 (the "Master Indenture"), as supplemented by that certain Thirtieth Supplemental Trust Indenture dated as of September 1, 2020 or such other date and numbering of the supplemental indenture as is mutually agreeable to the District and the Underwriter (the "Supplemental Indenture"), both by and between the District and U.S. Bank National Association, as trustee, (the "Trustee") (the Master Indenture and the Supplemental Indenture referred to collectively as the "Indenture"). By this reference the Indenture is incorporated in this Resolution as if set forth in full herein.

SECTION 3. Approval of Supplemental Indenture and Authorization of Execution and Delivery Thereof. The Supplemental Indenture is hereby approved in substantially the form set forth as Exhibit A hereto and the Chairman or the Vice Chairman of the Board of Supervisors (the "Board") is hereby authorized and directed to execute and deliver such Indenture on behalf of and in the name of the District and the Secretary or any Assistant Secretary of the Board is hereby authorized to attest such execution, with such additions and deletions therein as may be made and approved by the Chairman or the Vice Chairman executing the same, such execution to be conclusive evidence of such approval. The Trustee is hereby approved to serve as Trustee, Bond Registrar and Paying Agent under such Indenture.

SECTION 4. Negotiated Sale. The Board hereby determines that a negotiated sale of the 2020 Bonds to the Underwriter is in the best interests of the District because of prevailing market conditions, because delays caused by soliciting competitive bids could adversely affect the District's ability to issue and deliver the 2020 Bonds at presently favorable interest rates, and

because the nature of the security for the 2020 Bonds and the sources of payment of debt service on the 2020 Bonds requires the participation of an underwriter in structuring the 2020 Bond issue.

SECTION 5. Bond Purchase Contract Approved. The Board hereby approves the Bond Purchase Contract (the "Contract") submitted by the Underwriter in substantially the form attached as Exhibit B hereto. The Chairman or Vice Chairman of the Board is hereby authorized to execute the Contract and to deliver the Contract to the Underwriter with such changes, amendments, modifications, omissions and additions as may be approved by the executing Chairman or Vice Chairman; provided, however, that (i) the principal amount of the 2020 Bonds shall not exceed $12,000,000, (ii) the net interest cost shall not exceed the maximum allowable by Section 215.84, Florida Statutes, (iii) the 2020 Bonds shall be subject to optional redemption no later than May 1, 2033, shall have a maturity date no later than May 1, 2051, and shall have a redemption price not greater than 100%, and (iv) the underwriter's discount shall not exceed two percent (2.00%) of the principal amount of the 2020 Bonds. Execution by the Chairman or Vice Chairman of the Contract shall be deemed to be conclusive evidence of approval of such changes.

SECTION 6. Preliminary Limited Offering Memorandum and Limited Offering Memorandum. The District hereby approves the form of the Preliminary Limited Offering Memorandum submitted to this meeting and attached hereto as Exhibit C and authorizes its distribution and use in connection with the limited offering for the sale of the 2020 Bonds. If between the date hereof and the mailing of the Preliminary Limited Offering Memorandum it is necessary to make insertions, modifications and changes to the Preliminary Limited Offering Memorandum, the Chairman or Vice Chairman is hereby authorized to approve such insertions, changes and modifications, and, the Chairman or Vice Chairman is hereby authorized to deem the Preliminary Limited Offering Memorandum "final" within the meaning of Rule 15c2-12 of the Securities and Exchange Commission (the "Rule") under the Securities Exchange Act of 1934, in the form as mailed. The preparation of a final Limited Offering Memorandum is hereby approved and the Chairman or Vice Chairman is hereby authorized to execute such final Limited Offering Memorandum to be dated the date of the award of the 2020 Bonds and, upon such award, to deliver the same to the Underwriter for use by it in connection with the sale and distribution of the 2020 Bonds. The Limited Offering Memorandum shall be substantially in the form of the final Preliminary Limited Offering Memorandum, with such changes as shall be approved by the Chairman or Vice Chairman as necessary to conform to the details of the 2020 Bonds and such other insertions, modifications and changes as may be approved by the Chairman or Vice Chairman. The execution and delivery of the Limited Offering Memorandum by the Chairman or Vice Chairman shall constitute evidence of the approval thereof. The District hereby authorizes the use of the Preliminary Limited Offering Memorandum and the Limited Offering Memorandum and the information contained therein in connection with the offering and sale of the 2020 Bonds.

SECTION 7. Form of Bonds. The 2020 Bonds shall be in substantially the form as set forth in the exhibit to the Supplemental Indenture, with such additions, deletions and other changes thereto as the officials of the Board executing the 2020 Bonds shall approve, such approval to be conclusively evidenced by the execution of the 2020 Bonds (by manual or facsimile

signature) by such officials. The Board hereby authorizes and approves the use of a facsimile of the District seal on the 2020 Bonds.

SECTION 8. Continuing Disclosure Agreement. The form and content of the Continuing Disclosure Agreement (the "Continuing Disclosure Agreement") relating to the 2020 Bonds attached hereto as Exhibit D is hereby approved. The Chairman or Vice Chairman and the Secretary or any Assistant Secretary are hereby authorized to execute on behalf of the District the Continuing Disclosure Agreement in substantially the form attached hereto, with such additions, deletions, and other changes as may be necessitated by applicable law, this Resolution and the Contract as such officers may approve (such approval to be conclusively evidenced by their execution of the Continuing Disclosure Agreement).

SECTION 9. Application of 2020 Bond Proceeds. Proceeds of the 2020 Bonds, shall be applied as provided in the Supplemental Indenture.

SECTION 10. Open Meetings. It is hereby found and determined that all official acts of this Board concerning and relating to the issuance, sale, and delivery of the 2020 Bonds, including but not limited to adoption of this Resolution, were taken in open meetings of the members of the Board and all deliberations of the members of the Board that resulted in such official acts were in meetings open to the public, in compliance with all legal requirements including, but not limited to, the requirement of Florida Statutes, Section 286.011.

SECTION 11. Other Actions. The Chairman, the Vice Chairman, the Secretary and any Assistant Secretary of the District and PFM Group Consulting LLC, as the District Manager and PFM Financial Advisors LLC, as District Financial Consultant, and any authorized designee thereof (collectively, the "District Officers"), Bryant Miller Olive P.A., as Bond Counsel, Hopping Green & Sams P.A., as General Counsel to the District, Stantec Consulting Services, Inc., as District Engineer, and Kimley-Horn and Associates, Inc., as Consulting Engineer, are hereby authorized and directed to take all actions necessary or desirable in connection with the issuance and delivery of the 2020 Bonds and the consummation of all transactions in connection therewith. The District Officers are hereby authorized and directed to execute all necessary or desirable certificates, documents, papers, and agreements and the undertaking and fulfillment of all transactions referred to in or contemplated by the Indenture, the Contract, the Preliminary Limited Offering Memorandum, this Resolution and the Continuing Disclosure Agreement.

SECTION 12. Approval of Prior Actions. All actions taken to date by the members of the Board and the officers, agents, and employees of the District in furtherance of the issuance of the Bonds are hereby approved, confirmed and ratified.

SECTION 13. Inconsistent Resolutions and Motions. All prior resolutions of the Board inconsistent with the provisions of this Resolution are hereby modified, supplemented and amended to conform with the provisions herein contained and, except as so modified, supplemented and amended hereby, shall remain in full force and effect.

SECTION 14. Engineer’s Report. The Board hereby approves of changes to the engineer’s report prepared in connection with the issuance of the 2020 Bonds (the "Engineer's Report") previously approved by the Board and also authorizes further revisions and supplements to the Engineer’s Report with respect to the marketing and sale of the 2020 Bonds.

SECTION 15. Assessment Methodology Report. The Board authorizes further modifications and supplements to the assessment methodology report(s) previously approved by the Board to conform such report(s) to the marketing and sale of the 2020 Bonds.

SECTION 16. Severability. If any section, paragraph, clause or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause or provision.

[Remainder of page intentionally left blank]

SECTION 17. Effective Date. This Resolution shall become effective immediately upon its adoption.

ADOPTED this 4th day of September, 2020.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

[SEAL]

By:		 Chairman, Board of Supervisors

ATTEST:

By:		 Secretary

EXHIBIT A

FORM OF THIRTIETH SUPPLEMENTAL INDENTURE

BMO DRAFT
8/8/20

THIRTIETH SUPPLEMENTAL TRUST INDENTURE BETWEEN
LAKEWOOD RANCH STEWARDSHIP DISTRICT AND
U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE

Dated as of October 1, 2020 securing
$ 	
Lakewood Ranch Stewardship District Special Assessment Revenue Bonds, Series 2020
(Lorraine Lakes Project)

TABLE OF CONTENTS

This Table of Contents is incorporated herein for ease of reference only and shall not be deemed a part of the Thirtieth Supplemental Trust Indenture.
ARTICLE I DEFINITIONS	3
Section 101.	Definitions	3
ARTICLE II AUTHORIZATION, ISSUANCE AND PROVISIONS OF THE 2020 BONDS	11
Section 201.	Authorization of 2020 Bonds	11
Section 202.	Terms of 2020 Bonds	12
Section 203.	Dating; Interest Accrual	12
Section 204.	Denomination	13
Section 205.	Paying Agent	13
Section 206.	Bond Registrar	13
Section 207.	Conditions Precedent to Issuance of the 2020 Bonds	13
Section 208.	Continuing Disclosure	14
ARTICLE III REDEMPTION OF 2020 BONDS	14
Section 301.	2020 Bonds Subject to Redemption and Purchase	14
ARTICLE IV DEPOSIT OF 2020 BOND PROCEEDS AND APPLICATION THEREOF;
ESTABLISHMENT OF ACCOUNTS AND OPERATION THEREOF	15
Section 401.	Establishment of Accounts	15
Section 402.	Use of 2020 Bond Proceeds	15
Section 403.	2020 Acquisition and Construction Account	16
Section 404.	2020 Costs of Issuance Account	16
Section 405.	2020 Reserve Account	16
Section 406.	Application of Prepayment Principal	17
Section 407.	Tax Covenants and Rebate Accounts	18
Section 408.	Establishment of 2020 Revenue Account in Revenue Fund;
Application of Revenues and Investment Earnings	18
ARTICLE V COVENANTS AND DESIGNATIONS OF THE DISTRICT	20
Section 501.	Provision Relating to Bankruptcy or Insolvency of Landowner	20
Section 502.	Collection of Series 2020 Assessments	22
Section 503.	No Parity Bonds; Limitation on Additional Bonds	23

Section 504.	Covenant With Regard to Enforcement and Collection of
Delinquent Assessments.	23
ARTICLE VI MISCELLANEOUS PROVISIONS	23
Section 601.	Additional Events of Default and Remedies	23
Section 602.	Foreclosure of Assessment Lien	24
Section 603.	Interpretation of Thirtieth Supplemental Indenture	24
Section 604.	Amendments	25
Section 605.	Counterparts	25
Section 606.	Appendices and Exhibits	25
Section 607.	Payment Dates	25
Section 608.	No Rights Conferred on Others	25
Section 609.	Use of 2020 Acquisition and Construction Account Moneys and
Other Trust Funds	25
Section 610.	Bond Year	25
ARTICLE VII THE TRUSTEE; THE PAYING AGENT AND BOND REGISTRAR	25
Section 701.	Acceptance of Trust	25
Section 702.	Trustee’s Duties	25
Section 703.	Brokerage Confirmations	26
Section 704.	Assignment of District’s Rights under Collateral Assignment Agreement	26
Section 705.	Patriot Act Requirements of Trustee	26
Exhibit “A”	Engineer’s Report for Lorraine Lakes dated May 2020 Exhibit “B”	Form of 2020 Bonds

THIRTIETH SUPPLEMENTAL TRUST INDENTURE

THIS	THIRTIETH	SUPPLEMENTAL	TRUST	INDENTURE	(the	“Thirtieth
Supplemental Indenture”) dated as of October 1, 2020, between LAKEWOOD RANCH STEWARDSHIP DISTRICT, (the “District”) and U.S. BANK NATIONAL ASSOCIATION, as
trustee (the “Trustee”), a national banking association authorized to accept and execute trusts of the character herein set out within the State of Florida.

WHEREAS, the District has entered into a Master Trust Indenture dated as of  September 1, 2005 (the “Master Indenture” and, together with this Thirtieth Supplemental Trust Indenture, collectively referred to herein as the “Indenture”) with the Trustee to secure the issuance of its Lakewood Ranch Stewardship District Special Assessment Revenue Bonds (the “Bonds”), issuable in one or more Series from time to time; and

WHEREAS, pursuant to Resolution No. 2005-16 adopted by the Governing Body of the District on August 23, 2005 (the “Bond Resolution”), the District has authorized the issuance of not exceeding $4,000,000,000 of its Bonds and authorized the execution and delivery of the Master Indenture to secure the issuance of the Bonds; and

WHEREAS, the Bonds were validated by the Circuit Court of the Twelfth Judicial Circuit of the State of Florida in and for Manatee and Sarasota Counties in a Final Judgment Validating Bonds rendered on December 20, 2005, and the appeal period from such final judgment has expired with no appeal being taken; and

WHEREAS, the Governing Body of the District has duly adopted resolutions providing for the acquisition, construction and installation of certain public infrastructure improvements for the portion of the District known as Lorraine Lakes (such public infrastructure being referred to herein as the "Lorraine Lakes CIP"), providing estimated costs of the Lorraine Lakes CIP, defining assessable property to be benefitted by the Lorraine Lakes CIP, defining the portion of the Costs of the Lorraine Lakes CIP with respect to which Assessments will be imposed and the manner in which such Assessments shall be levied against such benefited property within the District, stating the intent of the District to issue Bonds secured by such Assessments to finance the Costs of the Lorraine Lakes CIP and, following a public hearing, the District adopted a resolution to fix and establish the Assessments and benefited property, as supplemented with respect to the 2020 Bonds (as defined below); and

WHEREAS, pursuant to the Bond Resolution, as supplemented by Resolution No.  2020-
      adopted  by  the  Governing  Body  of  the  District  on  September  4,  2020,  the  District  has
authorized  the  issuance,  sale  and  delivery  of its $ 	Lakewood  Ranch Stewardship
District Special Assessment Revenue Bonds, Series 2020 (Lorraine Lakes Project) (the “2020 Bonds”) as a Series of Bonds under the Master Indenture and authorized the execution and delivery of this Thirtieth Supplemental Indenture to secure the issuance of the 2020 Bonds for the principal purpose of acquiring and/or constructing a portion of the Lorraine Lakes CIP  (such financed portion being referred to herein as the "2020 Project"); and

WHEREAS, the District will apply the proceeds of the 2020 Bonds to: (i) finance the Costs of the acquisition, construction, installation and equipping of the 2020 Project; (ii) pay certain costs associated with the issuance of the 2020 Bonds; (iii) pay the interest to become due on the 2020 Bonds through November 1, 2021; and (iv) fund the 2020 Reserve Account; and

WHEREAS, the execution and delivery of the 2020 Bonds and of this Thirtieth Supplemental Indenture have been duly authorized by the Governing Body of the District and all things necessary to make the 2020 Bonds, when executed by the District and authenticated by the Trustee, valid and binding legal obligations of the District and to make this Thirtieth Supplemental Indenture a valid and binding agreement and, together with the Master Indenture, a valid and binding lien on the 2020 Trust Estate (as hereinafter defined) have been done.

NOW THEREFORE, KNOW ALL MEN BY THESE PRESENTS, THIS THIRTIETH SUPPLEMENTAL INDENTURE WITNESSETH:

That the District, in consideration of the premises, the acceptance by the Trustee of the trusts hereby created, the mutual covenants herein contained, the purchase and acceptance of the 2020 Bonds by the purchaser or purchasers thereof, and other good and valuable consideration, receipt of which is hereby acknowledged, and in order to further secure the payment of the principal and Redemption Price (as defined in the Master Indenture) of, and interest on, all 2020 Bonds Outstanding (as defined in the Master Indenture) from time to time, according to their tenor and effect, and such other payments required to be made under the Master Indenture or hereunder, and to further secure the observance and performance by the District of all the covenants, expressed or implied in the Master Indenture, in this Thirtieth Supplemental Indenture and in the 2020 Bonds: (a) has executed and delivered this Thirtieth Supplemental Indenture and (b) does hereby, in confirmation of the Master Indenture, grant, bargain, sell, convey, transfer, assign and pledge unto the Trustee, and unto its successors in interest the trusts under the Master Indenture, and to them and their successors and assigns forever, all right, title and interest of the District, in, to and under, subject to the terms and conditions of the Master Indenture and the provisions of the Master Indenture pertaining to the application thereof for or to the purposes and on the terms set forth in the Master Indenture, the revenues derived by the District from the Series 2020 Assessments levied and imposed pursuant to the Assessment Proceedings as the same may be amended from time to time (the “2020 Pledged Revenues”) and the Funds and Accounts (except for the 2020 Rebate Account and the 2020 Costs of Issuance Account) established hereby (the “2020 Pledged Funds”) which shall comprise a part of the Trust Estate securing only the 2020 Bonds, (the “2020 Trust Estate”);

TO HAVE AND TO HOLD all the same by the Master Indenture and hereby granted, bargained, sold, conveyed, transferred, assigned and pledged, or agreed or intended so to be, to the Trustee and its successors in trust and to it and its assigns forever;

IN TRUST NEVERTHELESS, except as in each such case may otherwise be provided in the Master Indenture or hereby, for the equal and proportionate benefit, security and protection

of all and singular the present and future Owners of the 2020 Bonds issued or to be issued under and secured by this Thirtieth Supplemental Indenture, without preference, priority or distinction as to lien or otherwise, of any 2020 Bond over any other 2020 Bond by reason of priority in their issue, sale or execution;

PROVIDED HOWEVER, that if the District, its successors or assigns, shall well and duly pay, or cause to be paid, or make due provision for the payment of the principal and Redemption Price of the 2020 Bonds or any 2020 Bond secured and Outstanding under this Thirtieth Supplemental Indenture and the interest due or to become due thereon, at the times and in the manner mentioned in the 2020 Bonds and this Thirtieth Supplemental Indenture, according to the true intent and meaning thereof, and shall well and truly keep, perform and observe all the covenants and conditions pursuant to the terms of the Master Indenture and this Thirtieth Supplemental Indenture to be kept, performed and observed by it, and shall pay or cause to be paid to the Trustee all sums of money due or to become due to it in accordance with the terms and provisions of the Master Indenture and this Thirtieth Supplemental Indenture, then upon such final payments, this Thirtieth Supplemental Indenture and the rights hereby granted shall cease and terminate, with respect to all 2020 Bonds or any 2020 Bond of a particular maturity, otherwise this Thirtieth Supplemental Indenture shall remain in full force and effect;

THIS THIRTIETH SUPPLEMENTAL INDENTURE FURTHER WITNESSETH, and it
is expressly declared, that all 2020 Bonds issued and secured hereunder are to be issued, authenticated and delivered and all of the rights and property pledged to the payment thereof are to be dealt with and disposed of under, upon and subject to the terms, conditions, stipulations, covenants, agreements, trusts, uses and purposes as in the Master Indenture (except as amended directly or by implication by this Thirtieth Supplemental Indenture), including this Thirtieth Supplemental Indenture, expressed, and the District has agreed and covenanted, and does hereby agree and covenant, with the Trustee and with the respective Owners, from time to time, of the 2020 Bonds, as follows:

ARTICLE I DEFINITIONS

Section 101.  Definitions.  All terms used herein that are defined in the recitals hereto are used with the same meaning herein unless the context clearly requires otherwise. All terms used herein that are defined in the Master Indenture are used with the same meaning herein (including the use of such terms in the recitals hereto and the granting clauses hereof) unless (i) expressly given a different meaning herein or (ii) the context clearly requires otherwise. In addition, unless the context clearly requires otherwise, the following terms used herein shall have the following meanings:

“2020 Investment Obligations” shall mean and include any of the following securities, in addition to Investment Obligations as defined in the Master Indenture, if and to the extent

the same are at the time legal investments for funds of the District, if and to the extent the same are at the time legal investments for funds of the District:

Government Obligations;

obligations of any of the following agencies: Government National Mortgage Association (including participation certificates issued by such Association); Fannie Mae (including participation certificates issued by Fannie Mae); Federal Home Loan Banks; Federal Farm Credit Banks; Tennessee Valley Authority; Rural Economic Community Development Administration (formerly the Farmers Home Administration); Student Loan Marketing Association; Federal Home Loan Mortgage Corporation;

commercial paper rated in the two highest rating categories by both Moody’s and S&P;

obligations of any state of the United States or political subdivision thereof or constituted authority thereof the interest on which is exempt from federal income taxation under Section 103 of the Code and rated in one of the two highest rating categories by both Moody’s and S&P;

both (A) shares of a diversified open-end management investment company (as defined in the Investment Company Act of 1940) or a regulated investment company (as defined in Section 851(a) of the Code) that is a money market fund that is rated in the highest rating category for such funds by Moody’s or S&P, and (B) shares of money market mutual funds that invest only in Government Obligations and repurchase agreements secured by such obligations, which funds are rated in the two highest rating categories for such funds by Moody’s or S&P;

repurchase agreements, which will be collateralized at the onset of the repurchase agreement of at least 103% marked to market weekly by the Holder of the Collateral (as defined below) with collateral with a domestic or foreign bank or corporation (other than life or property casualty insurance company) the long-term debt of which, or, in the case of a financial guaranty insurance company, claims paying ability, of the guarantor is rated at least “AA” by S&P and “Aa” by Moody’s provided that the repurchase agreement shall provide that if during its term the provider’s rating by either S&P or Moody’s falls below “AA-” or “Aa3,” respectively, the provider shall immediately notify the District and the Trustee and the provider shall at its option, within ten (10) Business Days of receipt of publication of such downgrade, either (A) maintain Collateral at levels, sufficient to maintain an “AA” rated investment from S&P and an “Aa” rated investment from Moody’s, or (B) repurchase all collateral and terminate the repurchase agreement. Further, if the provider’s rating by either S&P or Moody’s falls  below “A-” or “A3,” respectively, the provider must immediately notify the District and the Trustee and, at the direction of the District through the Trustee, within ten (10) Business Days, either (1) maintain collateral at levels sufficient to maintain an “AA” rated investment from S&P and an “Aa” rated investment from Moody’s, or (2) repurchase all collateral and terminate the

repurchase agreement without penalty. In the event the provider has not satisfied the above conditions within ten (10) Business Days of the date such conditions apply, then the repurchase agreement shall provide that the Trustee shall be entitled to, and in such event, the Trustee shall withdraw the entire amount invested plus accrued interest within ten (10) Business Days. Any repurchase agreement entered into pursuant to this Thirtieth Supplemental Indenture shall contain the following additional provisions:

Failure to maintain the requisite collateral percentage will require the District or the Trustee to liquidate the collateral as provided above;

The Holder of the Collateral, as hereinafter defined, shall have possession of the collateral or the collateral shall have been transferred to the Holder of the Collateral, in accordance with applicable state and federal laws (other than by means of entries on the transferor’s books);

The repurchase agreement shall state and an opinion of counsel in form and in  substance satisfactory to the District shall be rendered and addressed to the District and the Trustee that the Holder of the Collateral has a perfected first priority security interest in the collateral, any substituted collateral and all proceeds thereof (in the case of bearer securities, this means the Holder of the Collateral is in possession);

The repurchase agreement shall be a “repurchase agreement” as defined in the United States Bankruptcy Code and, if the provider is a domestic bank, a “qualified financial contract” as defined in the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (“FIRREA”) and such bank is subject to FIRREA;

The repurchase transaction shall be in the form of a written agreement, and such agreement shall require the provider to give written notice to the Issuer and the Trustee of any change in its long-term debt rating;

The District or its designee shall represent that it has no knowledge of any fraud involved in the repurchase transaction;

The District and the Trustee shall receive the opinion of counsel (which opinion shall be addressed to the District and the Trustee and shall be in form and substance satisfactory to the District) that such repurchase agreement complies with the terms of this section and is legal, valid, binding and enforceable upon the provider in accordance with its terms;

The term of the repurchase agreement shall be no longer than ten years;

The interest with respect to the repurchase transaction shall be payable no less frequently than quarterly;

The repurchase agreement shall provide that the Trustee may withdraw funds without penalty at any time, or from time to time, for any purpose permitted or required under this Thirtieth Supplemental Indenture;

Any repurchase agreement shall provide that a perfected security interest in such investments is created for the benefit of the Beneficial Owners under the Uniform Commercial Code of Florida, or book-entry procedures prescribed at 31 C.F.R. 306.1 et seq. or 31 C.F.R. 350.0 et seq. are created for the benefit of the Beneficial Owners; and

The collateral delivered or transferred to the Trustee, or a third-party acceptable to, and acting solely as agent for, the Trustee (the “Holder of the Collateral”) shall be delivered and transferred in compliance with applicable state and federal laws (other than by means of entries on provider’s books) free and clear of any third-party liens or claims pursuant to a custodial agreement subject to the prior written approval of the Majority Owners. The custodial agreement shall provide that the Trustee must have disposition or control over the collateral of the repurchase agreement, irrespective of an event of default by the provider of such repurchase agreement.

If such investments are held by a third-party, they shall be held as agent for the benefit of the Trustee as fiduciary for the Beneficial Owners and not as agent for the bank serving as Trustee in its commercial capacity or any other party and shall be segregated from securities owned generally by such third party or bank;

any other investment approved in writing by the Majority Owners;

bonds, notes and other debt obligations of any corporation organized under the laws of the United States, any state or organized territory of the United States or the District of Columbia, if such obligations are rated in one of the three highest rating categories by both Moody’s and S&P or in one of the two highest categories by either S&P or Moody’s; and

investment agreements with a bank, insurance company or other financial institution, or the subsidiary of a bank, insurance company or other financial institution if the parent guarantees the investment agreement, which bank, insurance company, financial institution or parent has an unsecured, uninsured and unguaranteed obligation (or claims- paying ability) rated in the highest short-term rating category by Moody’s or S&P (if the term of such agreement does not exceed 365 days), or has an unsecured, uninsured and unguaranteed obligation (or claims paying ability) rated by Aa2 or better by Moody’s and AA or better by S&P or Fitch Ratings, respectively (if the term of such agreement is more than 365 days) or is the lead bank of a parent bank holding company with an uninsured, unsecured and unguaranteed obligation of the aforesaid ratings, provided:

interest is paid on any date interest is due on the 2020 Bonds (not more frequently than quarterly) at a fixed rate (subject to adjustments for yield restrictions required by the Code) during the entire term of the agreement;

moneys invested thereunder may be withdrawn without penalty, premium, or charge upon not more than two (2) Business Days’ notice unless otherwise specified in this Thirtieth Supplemental Indenture;

the same guaranteed interest rate will be paid on any future deposits made to restore the account to its required amount;

the Trustee receives an opinion of counsel that such agreement is an enforceable obligation of such insurance company, bank, financial institution or parent;

in the event of a suspension, withdrawal, or downgrade below Aa3, AA- or AA- by Moody’s, S&P or Fitch Ratings, respectively, the provider shall notify the District and the Trustee within five (5) Business Days of such downgrade event and the provider shall at its option, within ten (10) Business Days after notice is given to the Trustee take any one of the following actions:

collateralize the agreement at levels, sufficient to maintain an “AA” rated investment from S&P and an “Aa2” from Moody’s with a market to market approach, or

assign the agreement to another provider, as long as the minimum rating criteria of “AA” rated investment from S&P and an “Aa2” from Moody’s with a market to market approach; or

have the agreement guaranteed by a provider which results in a minimum rating criteria of an “AA” rated investment from S&P or Fitch and an “Aa2” from Moody’s with a market to market approach; or

repay all amounts due and owing under the agreement.

In the event the provider has not satisfied any one of the above conditions within three (3) Business Days of the date such conditions apply, then the agreement shall provide that the Trustee shall be entitled to withdraw the entire amount invested plus accrued interest without penalty or premium.

the Local Government Surplus Funds Trust Fund as described in Florida Statutes, Section 218.405 or the corresponding provisions of subsequent laws provided that such fund is rated at least “AA” by S&P (without regard to gradation) or at least “Aa” by Moody’s (without regard to gradation); and

other investments permitted by Florida law.

Under all circumstances, the Trustee shall be entitled to conclusively rely that any investment directed by an Authorized Officer of the District is permitted under the Indenture and is a legal investment of funds of the District.

“2020 Project” shall mean that portion of the Lorraine Lakes CIP acquired and/or constructed with proceeds of the 2020 Bonds.

“2020 Reserve Account Requirement” shall  mean, as calculated from time to time, as of
any   date  of  calculation, 	percent   (    %)   of   the   Maximum   Annual   Debt Service
Requirement, which as of the date of issuance of the 2020 Bonds is $ 	.

“Acquisition Agreement” shall mean the Agreement between the District and the Developer Regarding the Acquisition of Certain Work Product and Infrastructure (Lorraine Lakes), dated October , 2020.

“Assessment Interest” shall mean the interest on Series 2020 Assessments received by the District which is pledged to the 2020 Bonds, other than Delinquent Assessment Interest.

“Assessment Methodology” shall mean the Master Assessment Methodology Report Lakewood Ranch Stewardship District Northeast Sector Lorraine Lakes Project Area dated June 2020, as updated from time to time, and as supplemented by the Supplemental Assessment Methodology Report Series Lakewood Ranch Stewardship District Northeast Sector Lorraine Lakes Project Area Series 2020 Bonds, dated 	, 2020.

“Assessment Principal” shall mean the principal amount of Series 2020 Assessments received by the District which are pledged to the 2020 Bonds, other than Delinquent Assessment Principal and Prepayment Principal.

“Assessment Proceedings” shall mean the Assessment Resolution and the Assessment Methodology.

“Assessment Resolution” shall mean, collectively, Resolution Nos. 2020-21, 2020-22, 2020-30, 2021- , and any supplemental resolutions of the District with respect to the establishment, levy and collection of the Series 2020 Assessments.

“Beneficial Owner” shall mean the owners from time to time of the 2020 Bonds for federal income tax purposes.

“Bond Depository” shall mean the securities depository from time to time under Section 201 hereof, which may be the District.

“Bond Participant” shall mean those broker-dealers, banks and other financial institutions from time to time for which the Bond Depository holds 2020 Bonds as securities depository.

“Collateral Assignment Agreement” shall mean the Collateral Assignment and Assumption of Development and Contract Rights Relating to the Lorraine Lakes Project between the District and the Developer dated October , 2020.

“Completion Agreement” shall mean the agreement or agreements between the Developer and the District pursuant to which, among other matters, the Developer has agreed to provide funds to pay all Costs of the Lorraine Lakes CIP not paid for by the District from proceeds of the 2020 Bonds or prior or future Bonds issued by the District.

“Continuing Disclosure Agreement” means the Continuing Disclosure Agreement executed and delivered in connection with the issuance of the 2020 Bonds and as amended from time to time in accordance with the terms thereof.

“Date of Completion” with respect to the 2020 Project shall mean: either (a) the date upon which the 2020 Project and all components thereof have been acquired or constructed and are capable of performing the functions for which they were intended, as evidenced by a certificate of the District Engineer filed with the Trustee and the District; or (b) the date on which the District determines, upon the recommendation of or consultation with the District Engineer, that it cannot complete the 2020 Project in a sound and economical manner within a reasonable period of time as evidenced by a certificate of the District Engineer filed with the Trustee and the District; provided that in each case such certificate of the District Engineer shall set forth the amount of all Costs of such 2020 Project which has theretofore been incurred, but which on the Date of Completion is or will be unpaid or unreimbursed. In the absence of its receipt of such certifications, the Trustee may assume the Date of Completion has not occurred.

“Declaration of Consent to Jurisdiction” shall mean the Declaration of Consent to Jurisdiction of Lakewood Ranch Stewardship District and to Imposition of Special Assessments (Lorraine Lakes) dated as of October , 2020.

“Delinquent Assessment Interest” shall mean the interest on Series 2020 Assessments received by the District which is pledged to the 2020 Bonds and deposited with the Trustee after the date on which such Assessment Interest has become due and payable.

“Delinquent Assessment Principal” shall mean the principal amount of Series 2020 Assessments received by the District which are pledged to the 2020 Bonds and deposited with the Trustee after the date on which such Assessment Principal has become due and payable.

“Developer” shall mean [Lennar Homes, LLC, a Florida limited liability company], or any successor or assign thereof.

“District Manager” shall mean PFM Group Consulting LLC, and its successors and
assigns.

“DTC” shall mean The Depository Trust Company, New York, New York, and its successors and assigns.

“Interest Payment Date” shall mean each May 1 and November 1, commencing May 1,
2021.

“Majority Owners” shall mean the Beneficial Owners of more  than fifty percent (50%) in Outstanding principal amount of the Outstanding 2020 Bonds.

“Maximum Assessment Levels” shall mean the following per unit annual gross debt service assessment levels as shall be evidenced by a Maximum Assessment Level Certification:

Product	Maximum Annual
Assessment Levels(1)	
Townhomes	$1,480	
Villas	$1,830	
40' - 49'	$1,830	
50' - 59'	$2,080	
60' - 69'	$2,330	
70' - 79'	$2,680	
80' - 89'	$2,930	
90' - 99'	$2,930	

(1) Inclusive of the Series 2020 Assessments.

“Maximum Assessment Level Certification” shall mean a certificate of the District’s District Manager that the Assessments for capital projects pledged to any Series of Bonds do not exceed the Maximum Assessment Levels and on which the Trustee may conclusively rely as to the matters set forth therein.

“Nominee” shall mean the nominee of the Bond Depository, which may be the Bond Depository, as determined from time to time pursuant to this Thirtieth Supplemental Indenture.

“Participating Underwriter” shall have the meaning ascribed to it in the Continuing Disclosure Agreement.

“Prepayment Principal” shall mean the excess amount (identified by the District as such in writing to the Trustee) of Assessment Principal received by the District over the Assessment Principal then due, but shall not include Delinquent Assessment Principal. Prepayment Principal shall not include the proceeds of any refunding bonds.

“Quarterly Redemption Date” shall mean each February 1, May 1, August 1 and November 1.

“Series 2020 Assessments” shall mean the non-ad valorem special assessments including the interest thereon designated as pledged to secure the 2020 Bonds in the Assessment Proceedings.

“Substantially Absorbed” shall mean the date on which the principal amount of the Series 2020 Assessments equaling at least ninety percent (90%) of the then Outstanding principal amount of the 2020 Bonds are levied on tax parcels within the District with respect to

which a certificate of occupancy has been issued for a structure thereon. Satisfaction of the foregoing definition shall be evidenced by the delivery by the District to the Trustee of a written certificate of the District Manager to such effect and upon which the Trustee may conclusively rely.

“True Up Agreement” shall mean that document or documents pursuant to which the Developer agrees to pay any “debt reduction payments” required pursuant to the Assessment Proceedings as it pertains to the lands owned by the Developer.

All words and terms importing the singular number shall, where the context requires, import the plural number and vice versa.

ARTICLE II
AUTHORIZATION, ISSUANCE AND PROVISIONS OF THE 2020 BONDS

Section 201.   Authorization of 2020 Bonds. The 2020 Bonds are hereby authorized to   be issued in the aggregate principal amount of $ 	for the purposes enumerated in the recitals hereto. The 2020 Bonds shall be substantially in the form set forth as Exhibit “B” to this Thirtieth Supplemental Indenture. Each 2020 Bond shall bear the designation “2020-R” and numbered consecutively from 1 upwards.

The 2020 Bonds shall be initially issued in the form of a separate single certificated fully registered 2020 Bond for each maturity of 2020 Bonds. Upon initial issuance, the ownership of such 2020 Bond shall be registered in the registration books kept by the Bond Registrar in the name of Cede & Co., as Nominee of The Depository Trust Company, New York, New York (“DTC”), the initial Bond Depository. Except as provided in this Section 201, all of the Outstanding 2020 Bonds shall be registered in the registration books kept by the Bond Registrar in the name of Cede & Co., as Nominee of DTC.

With respect to 2020 Bonds registered in the registration books kept by the Bond Registrar in the name of Cede & Co., as Nominee of DTC, the District, the Trustee, the Bond Registrar and the Paying Agent shall have no responsibility or obligation to any such Bond Participant or to any Beneficial Owner. Without limiting the immediately preceding sentence, the District, the Trustee, the Bond Registrar and the Paying Agent shall have no responsibility or obligation with respect to (i) the accuracy of the records of DTC, Cede & Co. or any Bond Participant with respect to any ownership interest in the 2020 Bonds, (ii) the delivery to any Bond Participant or any other person other than an Owner, as shown in the registration books kept by the Bond Registrar, of any notice with respect to the 2020 Bonds, including any notice of redemption, or (iii) the payment to any Bond Participant or any other person, other than an Owner, as shown in the registration books kept by the Bond Registrar, of any amount with respect to principal of, premium, if any, or interest on the 2020 Bonds. The District, the Trustee, the Bond Registrar and the Paying Agent may treat and consider the person in whose name each 2020 Bond is registered in the registration books kept by the Bond Registrar as the absolute owner of such 2020 Bond for the purpose of payment of principal, premium and interest with

respect to such 2020 Bond, for the purpose of giving notices of redemption and other matters with respect to such 2020 Bond, for the purpose of registering transfers with respect to such 2020 Bond, and for all other purposes whatsoever. The Paying Agent shall pay all principal of, premium, if any, and interest on the 2020 Bonds only to or upon the order of the respective Owners, as shown in the registration books kept by the Bond Registrar, or their respective attorneys duly authorized in writing, as provided herein and all such payment shall be valid and effective to fully satisfy and discharge the District’s obligations with respect to payment of principal of, premium, if any, and interest on the 2020 Bonds to the extent of the sum or sums so paid. No person other than an Owner, as shown in the registration books kept by the Bond Registrar, shall receive a certificated 2020 Bond evidencing the obligation of the District to make payments of principal, premium, if any, and interest pursuant to the provisions hereof. Upon delivery by DTC to the District of written notice to the effect that DTC has determined to substitute a new Nominee in place of Cede & Co., and subject to the provisions therein with respect to Record Dates, the words “Cede & Co.” in this Thirtieth Supplemental Indenture shall refer to such new Nominee of DTC; and upon receipt of such a notice the District shall  promptly deliver a copy of the same to the Trustee, Bond Registrar and the Paying Agent.

Upon receipt by the Trustee or the District of written notice from DTC: (i) confirming that DTC has received written notice from the District to the effect that a continuation of the requirement that all of the Outstanding 2020 Bonds be registered in the registration books kept by the Bond Registrar in the name of Cede & Co., as Nominee of DTC, is not in the best interest of the Beneficial Owners of the 2020 Bonds or (ii) to the effect that DTC is unable or unwilling to discharge its responsibilities and no substitute Bond Depository willing to undertake the functions of DTC hereunder can be found which is willing and able to undertake such functions upon reasonable and customary terms, the 2020 Bonds shall no longer be restricted to being registered in the registration books kept by the Bond Registrar in the name of Cede & Co., as nominee of DTC, but may be registered in whatever name or names the Beneficial Owners shall designate, in accordance with the provisions hereof.

Section 202.     Terms of 2020 Bonds.   The 2020 Bonds shall be  issued as 	([ ]) Term Bonds, which Term Bonds shall bear interest at the fixed interest rate per annum and shall mature in the amounts and on the dates set forth below:

Principal Amount	Interest Rate	Maturity	
$	%	May 1, 20  	
$	%	May 1, 20  	
$	%	May 1, 20  	
$	%	May 1, 20  	

Section 203. Dating; Interest Accrual. Each 2020 Bond shall be dated the date  of delivery thereof. Each 2020 Bond shall also bear its date of authentication.  Each 2020 Bond  shall bear interest from the Interest Payment Date to which interest has been paid next preceding the date of its authentication, unless the date of its authentication: (i) is an Interest Payment Date to which interest on such 2020 Bond has been paid, in which event such 2020

Bond shall bear interest from its date of authentication; or (ii) is prior to the first Interest Payment Date for the 2020 Bonds, in which event such 2020 Bond shall bear interest from its date. Interest on the 2020 Bonds shall be due and payable on each May 1 and November 1, commencing May 1, 2021, and shall be computed on the basis of a 360-day year of twelve 30- day months.

Section 204. Denomination. The 2020 Bonds may be issued in Authorized Denominations provided that delivery to the initial Beneficial Owners shall be in initial minimum denominations of $100,000 or integral multiples of $5,000 in excess thereof.

Section 205. Paying Agent. The District appoints the Trustee as Paying Agent for the 2020 Bonds.

Section 206.  Bond Registrar.  The District appoints the Trustee as Bond Registrar for  the 2020 Bonds.

Section 207. Conditions Precedent to Issuance of the 2020 Bonds. In addition to complying with the requirements set forth in the Master Indenture in connection with the issuance of the 2020 Bonds, all the 2020 Bonds shall be executed by the District for delivery to the Trustee and thereupon shall be authenticated by the Trustee and delivered by the Trustee to the Participating Underwriter upon its order, but only upon the further receipt by the Trustee of:

Certified copies of the Assessment Proceedings;

Executed copies of the Master Indenture and this Thirtieth Supplemental Indenture;

A Bond Counsel opinion substantially to the effect that: (i) the Indenture has been duly authorized, executed and delivered by the District and constitutes a valid and binding obligation of the District; (ii) the 2020 Bonds have been duly authorized, executed and delivered by the District and are valid and binding special obligations of the District, payable solely from the sources provided therefor in the Indenture; and (iii) that the interest on the 2020 Bonds is excludable from gross income for federal income tax purposes;

An opinion of Counsel to the District substantially to the effect that (i)  the District has been duly established and validly exists as a special district under the Act, (ii) based on certificates of the District Engineer and the Developer and an opinion of Developer’s Counsel, the District has good right and lawful authority under the Act to undertake the 2020 Project being financed with the proceeds of the 2020 Bonds, subject to obtaining such licenses, orders or other authorizations as are, at the date of such opinion, required to be obtained from any agency or regulatory body having lawful jurisdiction in order to undertake the 2020 Project,
(iii) all proceedings undertaken by the District with respect to the Series 2020 Assessments have been in accordance with Florida law, (iv) the District has taken all action necessary to levy and impose the Series 2020 Assessments, and (v) the Series 2020 Assessments are legal, valid and

binding liens upon the property against which such Series 2020 Assessments are made, coequal with the lien of all state, county, district and municipal taxes, superior in dignity to all other liens, titles and claims, until paid;

A certificate of an Authorized Officer to the effect that, upon the authentication and delivery of the 2020 Bonds, the District will not be in default in the performance of the terms and provisions of the Master Indenture or this Thirtieth Supplemental Indenture;

An Engineers’ Certificate or Engineers’ Certificates certifying as to the accuracy of the information set forth in the Engineer’s Report attached hereto as Exhibit A regarding the Lorraine Lakes CIP;

A certified copy of the final judgment of validation together with a certificate of no appeal, both in respect of the Bonds; and

Executed copies of the Acquisition Agreement, Completion Agreement, Collateral Assignment Agreement, Declaration of Consent to Jurisdiction, and Developer True-Up Agreement.

The opinions referenced in Sections 207(c) and 207(d) shall either be addressed to the Trustee or have reliance letters to the Trustee that the Trustee is entitled to rely upon such opinions.
Payment of the net proceeds of the 2020 Bonds as set forth in Section 402 hereof shall constitute conclusive evidence that the foregoing conditions have been met to the satisfaction of the District and the Underwriter of the 2020 Bonds.

Section 208. Continuing Disclosure. The District hereby covenants and agrees that it will comply with and carry out all of the provisions of the Continuing Disclosure Agreement. Notwithstanding any other provisions of the Indenture, failure of the District to comply with the Continuing Disclosure Agreement shall not be considered an Event of Default; however, the Trustee shall, at the written request of the Participating Underwriter or the Owners of at least twenty-five percent (25%) aggregate principal amount of Outstanding 2020 Bonds and receipt of indemnity satisfactory to the Trustee, or any such Owner, may take such actions as may be necessary and appropriate, including seeking mandamus or specific performance by court order, to cause the District to comply with its obligations under this Section.

ARTICLE III REDEMPTION OF 2020 BONDS

Section 301. 2020 Bonds Subject to Redemption and Purchase. The 2020 Bonds are subject to redemption prior to maturity as provided in the form thereof set forth as Exhibit “B” to this Thirtieth Supplemental Indenture. The 2020 Bonds may be purchased as provided in the Master Indenture.

Notwithstanding any other provision hereof or of the Master Indenture, notice of optional redemption may be conditioned upon the occurrence or non-occurrence of such event or events as shall be specified in such notice of optional redemption and may also be subject to rescission by the District if expressly set forth in such notice.

ARTICLE IV
DEPOSIT OF 2020 BOND PROCEEDS AND APPLICATION THEREOF; ESTABLISHMENT OF ACCOUNTS AND OPERATION THEREOF

Section 401.	Establishment of Accounts.

There are hereby established within the Acquisition and Construction Fund held by the Trustee the following accounts:

a 2020 Acquisition and Construction Account; and

a 2020 Costs of Issuance Account.

There are hereby established within the Debt Service Fund held by the Trustee:
a 2020 Sinking Fund Account; (ii) a 2020 Interest Account; (iii) a 2020 Capitalized Interest Account; and (iv) a 2020 Redemption Account and therein a 2020 Prepayment Subaccount;

There is hereby established within the Reserve Fund held by the Trustee a 2020 Reserve Account, which account shall be held for the benefit of all of the 2020 Bonds without distinction as to 2020 Bonds and without privilege or priority of one 2020 Bond over another;

There is hereby established within the Revenue Fund held by the Trustee a 2020 Revenue Account; and

There is hereby established within the Rebate Fund held by the Trustee a 2020 Rebate Account.

Section 402. Use of 2020 Bond Proceeds. The net proceeds of sale of the 2020 Bonds,
$ 	(which is the face amount of 2020 Bonds, less Underwriter’s Discount of $ 	              and [plus/less] net  original issue [discount/premium]  of $ 	) shall be delivered to the Trustee by the District and be applied as follows:

$ 	of 2020 Bond proceeds, representing the initial 2020 Reserve Account Requirement, shall be deposited to the 2020 Reserve Account; and

$ 	of 2020 Bond proceeds, representing the amount of interest to
become due on the 2020 Bonds through November 1, 2021, shall be deposited to the credit of the 2020 Capitalized Interest Account; and

$ 	of 2020 Bond proceeds, representing costs of issuance relating to the 2020 Bonds, shall be deposited to the credit of the 2020 Costs of Issuance Account; and

$ 	of 2020 Bond proceeds remaining after the deposits above shall be deposited to the credit of the 2020 Acquisition and Construction Account.

Section 403.	2020 Acquisition and Construction Account.

Amounts on deposit in the 2020 Acquisition and Construction Account shall be applied to pay the Costs of the 2020 Project upon compliance with the requirements of the requisition provisions set forth in the Master Indenture and/or as otherwise provided herein. The Trustee is not responsible to determine if money requested to be paid by the Issuer is for an appropriate use of such moneys.

Any balance remaining in the 2020 Acquisition and Construction Account after the Date of Completion of the 2020 Project and after retaining the amount, if any, of all remaining unpaid Costs of the 2020 Project set forth in the Engineer’s Certificate establishing such Date of Completion, shall be transferred to and deposited in the 2020 Prepayment Subaccount of the 2020 Redemption Account and applied to the extraordinary mandatory redemption of the 2020 Bonds in the manner prescribed in the form of 2020 Bond set forth as Exhibit “B” hereto. At such time as there are no amounts on deposit in the 2020 Acquisition  and Construction Account, such account shall be closed.

Section 404.  2020 Costs of Issuance Account.  There shall be deposited in the 2020  Costs  of  Issuance Account $ 	which shall, at the written direction of an Authorized Officer of the District, be used to pay the costs of issuance relating to the 2020 Bonds. After March 1, 2021, any amounts deposited in the 2020 Costs of Issuance Account for which there is not pending with the Trustee a requisition shall be transferred to the 2020 Reserve Account if there is any deficiency therein and the remainder to the 2020 Acquisition and Construction Account if the Date of Completion has not yet occurred and if the Date of Completion has already occurred to the 2020 Revenue Account. At such time as there are no amounts on  deposit in the 2020 Costs of Issuance Account, such account shall be closed.

Section 405. 2020 Reserve Account. Amounts on deposit in the 2020 Reserve Account, except as provided elsewhere in the Indenture, shall be used only for the purposes set forth in Section 609 hereof and for making payments into the 2020 Interest Account and the 2020 Sinking Fund Account to pay the 2020 Bonds, without distinction as to 2020 Bonds and without privilege or priority of one 2020 Bond over another, when due when the moneys on deposit in such Accounts and available therefor are insufficient.

The Trustee, on or before the forty-fifth (45th) day (or if such day is not a Business Day, on the Business Day next preceding such day) next preceding each Quarterly Redemption Date, after taking into account all payments and transfers made as of such date, shall compute the value of the 2020 Reserve Account and shall promptly notify the District of the amount of any deficiency or surplus as of such date in such account. The District shall immediately pay the amount of any deficiency to the Trustee, for deposit in such account, from the first legally available sources of the District. Any excess monies in the 2020 Reserve Account (except excess

from investment earnings), shall be deposited in the 2020 Acquisition and Construction  Account until the Date of Completion of the 2020 Project and on and after the Date of Completion of the 2020 Project shall be deposited in the 2020 Prepayment Subaccount. Unless and until the Trustee receives the Engineer's Certificate establishing the Date of Completion has occurred, the Trustee may rely that such condition has not occurred.

All earnings on investments in the 2020 Reserve Account, provided no deficiency exists in the 2020 Reserve Account, shall until the Date of Completion be deposited to the 2020 Acquisition and Construction Account and then on and after the Date of Completion, shall be deposited to the 2020 Revenue Account. To the extent a deficiency exists in the 2020 Reserve Account, investment earnings in such account shall remain in that account. Such account shall consist only of cash and 2020 Investment Obligations.

Notwithstanding the foregoing, on the earliest date on which there is on deposit in the 2020 Reserve Account, sufficient monies, taking into account other monies available therefore, to pay and redeem all of the Outstanding 2020 Bonds, together with accrued interest, if any, on such 2020 Bonds to the earliest date of redemption, then the Trustee shall use the amount on deposit in the 2020 Reserve Account to pay and redeem all of the Outstanding 2020 Bonds on the earliest possible date.

The District may provide that the difference between the amounts on deposit in the 2020 Reserve Account and the 2020 Reserve Account Requirement shall be an amount covered by obtaining bond insurance or a surety bond issued by a municipal bond insurer, rated in one of the two highest categories (at least AA by Fitch, and/or S&P and/or at least Aa by Moody’s without reference to gradations) by two nationally recognized rating agencies, (the “Reserve Account Credit Instrument”). At any time after the issuance of the 2020 Bonds, the District may withdraw any or all of the amount of money on deposit in the 2020 Reserve Account and substitute in its place a Reserve Account Credit Instrument as described above in the face amount of such withdrawal and such withdrawn moneys shall, after payment of the premium for such Reserve Account Credit Instrument, be (a) until the Date of Completion, transferred to the Series 2020 Acquisition and Construction Account to be used to pay Costs of the 2020 Project, (b) after the Date of Completion, transferred to the 2020 Prepayment Subaccount and used to redeem 2020 Bonds, or (c) upon receipt of an opinion of Bond Counsel, transferred to the District to be used for any lawful purpose of the District.

Section 406. Application of Prepayment Principal. All Prepayment Principal  shall upon receipt by the Trustee be deposited to the 2020 Prepayment Subaccount of the 2020 Redemption Account. At the time the District deposits Prepayment Principal with the Trustee it shall notify the Trustee in writing as to the amount of Prepayment Principal. The Trustee may rely upon the notification from the District which amounts paid hereunder are Prepayments and in the absence of notification as to any amounts being a Prepayment, the Trustee shall deposit such funds in the 2020 Revenue Account. Amounts on deposit in the 2020 Prepayment Subaccount shall be applied to the redemption of the 2020 Bonds in the manner provided in the

Master Indenture and as provided for the extraordinary mandatory redemption in Exhibit “B”
hereto.

Section 407. Tax Covenants and Rebate Accounts. The District shall comply with the Tax Regulatory Covenants (including deposits to and payments from the 2020 Rebate Account) included as part of the closing transcript for the 2020 Bonds, as amended and supplemented from time to time in accordance with their terms.

Section 408. Establishment of 2020 Revenue Account in Revenue Fund; Application  of Revenues and Investment Earnings.

The Trustee shall, except as provided below or otherwise provided herein, deposit the 2020 Pledged Revenues to the 2020 Revenue Account and any other amounts or payments specifically designated by the District pursuant to a written direction for said purpose. The 2020 Revenue Account shall be held by the Trustee separate and apart from all other Funds and Accounts held under the Indenture and from all other moneys of the Trustee. Amounts on deposit in the 2020 Revenue Account, 2020 Interest Account and 2020 Capitalized Interest Account, 2020 Sinking Fund Account, 2020 Redemption Account, 2020 Reserve Account, each Account and Subaccount therein, shall be used as provided in the Master Indenture except as otherwise provided herein.

Immediately upon receipt the District shall deposit the 2020 Pledged Revenues with the Trustee together with a written accounting setting forth the amounts of such 2020 Pledged Revenues in the following categories which shall be deposited by the Trustee into the Funds and Accounts established hereunder as follows:

Assessment Interest, which shall be deposited into the 2020 Interest Account;

Assessment Principal, which shall be deposited into the 2020 Sinking Fund Account;

Prepayment Principal, which shall be deposited into the 2020 Prepayment Subaccount of the 2020 Redemption Account.

Delinquent Assessment Principal shall first be applied to restore the amount of any withdrawal from the 2020 Reserve Account to pay the principal of 2020 Bonds to the extent that less than the 2020 Reserve Account Requirement is on deposit in the 2020 Reserve Account, and, the balance, if any, shall be deposited into the 2020 Sinking Fund Account;

Delinquent Assessment Interest, shall first be applied to restore the amount of any withdrawal from the 2020 Reserve Account to pay the interest on 2020 Bonds to the extent that less than the 2020 Reserve Account Requirement is on deposit in

the 2020 Reserve Account, and, the balance, if any, shall be deposited into the 2020 Interest Account; and

the balance shall remain in the 2020 Revenue Account.

On the forty-fifth (45th) day preceding each Quarterly Redemption Date (or if such forty-fifth (45th) day is not a Business Day, on the Business Day next preceding such forty- fifth (45th) day), the Trustee shall determine the amount on deposit in the 2020 Prepayment Subaccount of the 2020 Redemption Account, and, if the balance therein is greater than zero, shall transfer, but only after determining that following such transfer sufficient amounts will remain on deposit in the 2020 Revenue Account to make the transfers required by (d) below, from the 2020 Revenue Account for deposit into such 2020 Prepayment Subaccount, an amount sufficient to increase the amount on deposit therein to the next integral multiple of $5,000, and, shall thereupon give notice and cause the extraordinary mandatory redemption of 2020 Bonds on the next succeeding Quarterly Redemption Date in the maximum aggregate principal amount for which moneys are then on deposit in such 2020 Prepayment Subaccount in accordance with the provisions for extraordinary mandatory redemption of 2020 Bonds as set forth in Exhibit “B” hereto, and Article III of the Master Indenture and Section 301 hereof. Interest due in regard to such extraordinary mandatory redemption shall be paid from the 2020 Interest Account.

Unless otherwise provided below, no later than each May 1 and November 1 (or if such May 1 or November 1 is not a Business Day, on the Business Day preceding such date), the Trustee shall transfer from amounts on deposit in the 2020 Revenue Account to the Funds and Accounts designated below, the following amounts in the following order of priority and apply such amounts as provided in the Master Indenture and the provisions hereof:

FIRST, to the 2020 Interest Account of the Debt Service Fund, an amount equal to the amount of interest payable on all 2020 Bonds then Outstanding on such May 1 or November 1, less any other amount already on deposit in the 2020 Interest Account not previously credited. On May 1, 2021, and November 1, 2021, the Trustee shall transfer from the 2020 Capitalized Interest Account to the 2020 Interest Account an amount equal to the lesser of the amount of interest due on the 2020 Bonds on such date or the amount on deposit in the 2020 Capitalized Interest Account. After making the foregoing transfer on November 1, 2021, any amounts remaining in the Capitalized Interest Account shall be transferred to the 2020 Reserve Account if there is any deficiency therein and the remainder to the 2020 Acquisition and Construction Account if the Date of Completion has not yet occurred and if the Date of Completion has already occurred to the 2020 Revenue Account;

SECOND, on each May 1, commencing May 1, 2021, to the 2020 Sinking Fund Account, an amount equal to the Amortization Installments or principal of 2020 Bonds due on such May 1, less any amounts already on deposit in such Account not previously credited;

THIRD, to the 2020 Reserve Account, the amount, if any, which is necessary to make the amount on deposit therein equal to the then applicable 2020 Reserve Account Requirement; and

FOURTH, the balance shall be retained in the 2020 Revenue Account.

On any date required by the Tax Regulatory Covenants, the District shall give  the Trustee written direction, and the Trustee shall transfer from the 2020 Revenue Account to the 2020 Rebate Account established for the 2020 Bonds in the Rebate Fund in accordance with the Master Indenture and the Tax Regulatory Covenants, the amount due and owing to the United States, which amount shall be paid, to the United States, when due, in accordance with such Tax Regulatory Covenants. To the extent insufficient moneys are on deposit in the 2020 Revenue Account to make the transfer provided for in the immediately preceding sentence the District shall deposit with the Trustee from available moneys of the District the amount of any such insufficiency.

On or after each November 2, beginning November 2, 2021, the balance on deposit in the 2020 Revenue Account on such November 2 shall (i) before the Date of Completion, be transferred into the 2020 Acquisition and Construction Account, and (ii) on and after the Date of Completion, shall be paid over to the District at the written direction of an Authorized Officer and used for any lawful purpose of the District; provided, however, that on the date of such proposed transfer the amount on deposit in the 2020 Reserve Account shall be equal to the 2020 Reserve Account Requirement, and, provided further, that the Trustee shall not have actual knowledge of an Event of Default under the Master Indenture or hereunder relating to the 2020 Bonds, including the payment of Trustee’s fees and expenses then due.

Anything herein or in the Master Indenture to the contrary notwithstanding, earnings on investments in all of the Funds and Accounts held as security for the 2020 Bonds shall be invested only in 2020 Investment Obligations, and further, earnings on investments in the 2020 Acquisition and Construction Account, 2020 Costs of Issuance Account, 2020 Capitalized Interest Account, 2020 Revenue Account and any Subaccounts within said Accounts shall be retained as realized, in such Accounts of Subaccount and used for the purpose of such Accounts or Subaccounts. Earnings on investments in the 2020 Sinking Fund Account, 2020 Interest Account, and the 2020 Redemption Account, including any subaccounts therein, shall be deposited, as realized, to the credit of the 2020 Revenue Account and used for the purpose of such Account.

Earnings on investments in the 2020 Reserve Account shall be disposed of as provided  in Section 405 hereof.

ARTICLE V
COVENANTS AND DESIGNATIONS OF THE DISTRICT

Section 501. Provision Relating to Bankruptcy or Insolvency of Landowner. The provisions of this Section 501 shall be applicable both before and after the commencement, whether voluntary or involuntary, of any case, proceeding or other action by or against any

owner of any tax parcel subject to at least three percent (3%) of the then Outstanding Series 2020 Assessments (an “Insolvent Taxpayer”) under any existing or future law of any jurisdiction relating to bankruptcy, insolvency, reorganization, assignment for the benefit of creditors, or relief of debtors (a “Proceeding”). For as long as any 2020 Bonds remain Outstanding, in any Proceeding involving the District, any Insolvent Taxpayer, the Trustee, the 2020 Bonds or the Series 2020 Assessments, the District shall be obligated to act in accordance with direction from the Trustee with regard to all matters directly or indirectly affecting the 2020 Bonds or for as long as any 2020 Bonds remain Outstanding, in any proceeding involving the District, any Insolvent Taxpayer, the 2020 Bonds or the Series 2020 Assessments or the Trustee. The District agrees that it shall not be a defense to a breach of the foregoing covenant that it has acted upon advice of counsel in not complying with this covenant.

The District acknowledges and agrees that, although the 2020 Bonds were issued by the District, the Owners of the 2020 Bonds are categorically the party with the ultimate financial stake in the transaction and, consequently, the party with a vested and pecuniary interest in a Proceeding. In the event of any Proceeding involving an Insolvent Taxpayer: (a) the District hereby agrees that it shall follow the direction of the Trustee in making any election, giving any consent, commencing any action or filing any motion, claim, obligation, notice or application or in taking any other action or position in any Proceeding or in any action related to a Proceeding that affects, either directly or indirectly, the Series 2020 Assessments, the 2020 Bonds or any rights of the Trustee under the Indenture; (b) the District hereby agrees that it shall not make any election, give any consent, commence any action or file any motion, claim, obligation, notice or application or take any other action or position in any Proceeding or in any action related to a Proceeding that affects, either directly or indirectly, the Series 2020 Assessments, the 2020 Bonds or any rights of the Trustee under the Indenture that are inconsistent with any direction from the Trustee; (c) the Trustee shall have the right, but is not obligated to, (i) file and vote in any such Proceeding any and all claims of the District, and seek or oppose any relief in any such Proceeding that the District, as claimant with respect to the Series 2020 Assessments, would have the right to pursue, and, if the Trustee chooses to exercise any such rights, the District shall be deemed to have appointed the Trustee as its agent and granted to the Trustee an irrevocable power of attorney coupled with an interest, and its proxy, for the purpose of exercising any and all rights and taking any and all actions available to the District in connection with any Proceeding of any Insolvent Taxpayer, including without limitation, the right to file and/or prosecute and/or defend any claims and proofs of claims, to vote to accept or reject a plan, to seek dismissal of the Proceeding, to seek stay relief to commence or continue foreclosure or pursue any other available remedies as to the Series 2020 Assessments, to seek substantive consolidation, to seek to shorten the Insolvent Taxpayer’s exclusivity periods or to oppose any motion to extend such exclusivity periods, to oppose any motion for use of cash collateral or for authority to obtain financing, to oppose any sale procedures motion or any sale motion, to propose a competing plan of reorganization or liquidation, or to make any election under Section 1111(b) of the Bankruptcy Code and (d) the District shall not challenge the validity or amount of any claim submitted in good faith in such Proceeding by the Trustee or any valuations of the lands owned by any Insolvent Taxpayer submitted in good faith by the

Trustee in such Proceeding or take any other action in such Proceeding, which is adverse to Trustee’s enforcement of the District’s claim and rights with respect to the Series 2020  Assessments or receipt of adequate protection (as that term is defined in the Bankruptcy Code). Without limiting the generality of the foregoing, the District agrees that the Trustee shall have the right (i) to file a proof of claim with respect to the Series 2020 Assessments, (ii) to deliver to the District a copy thereof, together with evidence of the filing with the appropriate court or other authority, and (iii) to defend any objection filed to said proof of claim.

Notwithstanding the provisions of the immediately preceding paragraphs, nothing in this Section 501 shall preclude the District from becoming a party to a Proceeding in order to enforce a claim for operation and maintenance assessments, and the District shall be free to pursue such a claim in such manner as it shall deem appropriate in its sole and absolute discretion. Any actions taken by the District in pursuance of its claim for operation and maintenance assessments in any Proceeding shall not be considered an action adverse or inconsistent with the Trustee’s rights or directions with respect to the Series 2020 Assessments whether such claim is pursued by the District or the Trustee; provided, however, that the District shall not oppose any relief sought by the Trustee under the authority granted to the Trustee in clause (c) of the paragraph above.

Section 502. Collection of Series 2020 Assessments. Anything herein or in the Master Indenture to the contrary notwithstanding, the District shall not be required to collect Series 2020 Assessments using the Uniform Collection Method provided for in Section 197.3631, 197.3632 and 197.3635, Florida Statutes, until such time as the property subject to such Series 2020 Assessments is platted and a distinct ad valorem property tax identification number has been assigned by the Property Appraiser thereto. In addition, the District is not required to use the Uniform Collection Method when the property is owned by a government or includes structures owned by a government.

All Series 2020 Assessments that are collected directly by the District and not via the Uniform Method shall be due and payable by the landowner no later than thirty (30) days prior to each Interest Payment Date.

In addition, and not in limitation of the covenants contained elsewhere in this Thirtieth Supplemental Indenture and in the Master Indenture, the District covenants to comply with the terms of the proceedings heretofore adopted with respect to the Series 2020 Assessments and to levy the Series 2020 Assessments and any required true-up payments set forth in the Assessment Methodology, in such manner as will generate funds sufficient to pay the principal of and interest on the 2020 Bonds, when due.

Notwithstanding anything in the Indenture to the contrary, upon the occurrence of an Event of Default, the collection of Series 2020 Assessments shall be in the manner directed by the Majority Owners.

Section 503. No Parity Bonds; Limitation on  Additional  Bonds.  Other  than Refunding Bonds issued to refund the Outstanding 2020 Bonds, the District shall not, while any 2020 Bonds are Outstanding, issue or incur any debt payable in whole or in part from the 2020 Trust Estate. The District further covenants and agrees that so long as the 2020 Bonds are Outstanding, it will not impose debt service Assessments for capital projects on any lands then subject to the Series 2020 Assessments without the written consent of the Majority Owners; provided, however, such consent shall not be required if (i) such Assessments do not exceed the Maximum Assessment Levels or (ii) the Series 2020 Assessments have been Substantially Absorbed evidence of which shall be provided by the District to the Trustee in a written certificate upon which the Trustee may conclusive rely. Notwithstanding the foregoing, the District is not precluded from imposing capital Assessments (or the issuance of Bonds secured by such Assessments) on property then subject to the Series 2020 Assessments which are necessary for health, safety or welfare reasons, or to remediate a natural disaster, or to effect repairs to or replacement of property, facilities or equipment of the District.

Section 504. Covenant With Regard to Enforcement and Collection of Delinquent Assessments. Anything herein or in the Master Indenture to the contrary notwithstanding, the District covenants and agrees that it will take such actions to enforce the remedial provisions of the Indenture, the provisions for the collection of Delinquent Assessments, and the provision  for the foreclosure of liens of Delinquent Assessments and will take such other appropriate remedial actions as shall be directed by the Trustee acting at the direction of and on behalf of, the Majority Owners. However, the 2020 Bonds may not be accelerated except to the extent the Series 2020 Assessments have been accelerated.

ARTICLE VI MISCELLANEOUS PROVISIONS

Section 601. Additional Events of Default and Remedies. Section 902 of the Master Indenture is hereby amended with respect to the 2020 Bonds by inserting at the conclusion thereof the following paragraphs:

More than twenty percent (20%) of the operation and maintenance assessments levied by the District are not paid by the date such are due and payable.

The Trustee is authorized to withdraw funds from the 2020 Reserve Account in an amount greater than twenty-five percent (25%) of the 2020 Reserve Account Requirement to pay debt service on the 2020 Bonds (regardless of whether the Trustee does or does not, per the direction of the Majority Owners, actually withdraw such funds from the 2020 Reserve Account to pay debt service on the 2020 Bonds) and any such amount withdrawn is not replenished within ninety (90) days of the date of such withdrawal.

Material breach by the District of any material covenant made by it in the Indenture, whether or not notice of such breach has been given.

The District covenants and agrees that it will enforce the remedial provisions of the Indenture, the provisions for the collection of Delinquent Assessments, and the provisions for the foreclosure of liens of Delinquent Assessments. The District acknowledges and agrees that
upon failure of any property owner to pay Series 2020 Assessments collected directly by the District when due, that the entire Series 2020 Assessments on the delinquent property, with interest and penalties thereon, shall immediately become due and payable and the District shall promptly cause to be commenced the necessary legal proceedings for the foreclosure of liens of delinquent Series 2020 Assessments, including interest and penalties and (ii) the foreclosure proceedings shall be prosecuted to a sale and conveyance of the property involved in said proceedings.

Section 602. Foreclosure of Assessment Lien. Notwithstanding any provisions of the Indenture to the contrary, the following provisions shall apply with respect to the Series 2020 Assessments and 2020 Bonds.

If any property shall be offered for sale for the nonpayment of any Series 2020 Assessment and no person or persons shall purchase such property for an amount equal to the full amount due on the Series 2020 Assessments for such property (principal, interest, penalties and costs, plus attorneys’ fees, if any), the property may then be purchased by the District for an amount greater than or equal to the balance due on the Series 2020 Assessments for such property (principal, interest, penalties and costs, plus attorneys’ fees, if any), from any legally available funds of the District and the District shall receive in its corporate name or in the name of a special-purpose entity title to the property for the benefit of the Owners of the 2020 Bonds; provided that the Trustee shall have the right, acting at the direction of the Majority Owners, but shall not be obligated, to direct the District with respect to any action taken pursuant to this Section. The District, either through its own actions, or actions caused to be taken through the Trustee, shall have the power and shall lease or sell such property, and deposit all of the net proceeds of any such lease or sale into the 2020 Revenue Account. The District, either through its own actions, or actions caused to be taken through the Trustee, agrees that it shall, after being provided assurances satisfactory to it of payment of its fees, costs and expenses for doing so, be required to take the measures provided by law for listing for sale of property acquired by it as trustee for the Owners of the 2020 Bonds within sixty (60) days after the receipt of the request therefore signed by the Trustee or the Majority Owners. The Trustee may, upon direction from the Majority Owners, pay costs associated with any actions taken by District pursuant to this paragraph from any moneys legally available for such purpose held under the Indenture.

Section 603. Interpretation of Thirtieth Supplemental Indenture. This Thirtieth Supplemental Indenture amends and supplements the Master Indenture with respect to the 2020 Bonds, and all of the provisions of the Master Indenture, to the extent not inconsistent herewith, are incorporated in this Thirtieth Supplemental Indenture by reference. To the maximum extent possible, the Master Indenture and this Thirtieth Supplemental Indenture  shall be read and construed as one document.

Section 604. Amendments. Any amendments  to  this  Thirtieth  Supplemental Indenture shall be made pursuant to the provisions for amendment contained in the Master Indenture.

Section 605. Counterparts. This Thirtieth Supplemental Indenture may be executed in any number of counterparts, each of which when so executed and delivered shall be an original; but such counterparts shall together constitute but one and the same instrument.

Section 606. Appendices and Exhibits. Any and all schedules, appendices or exhibits referred to in and attached to this Thirtieth Supplemental Indenture are hereby incorporated herein and made a part of this Thirtieth Supplemental Indenture for all purposes.

Section 607. Payment Dates. In any case in which an Interest Payment Date or the maturity date of the 2020 Bonds or the date fixed for the redemption of any 2020 Bonds shall be other than a Business Day, then payment of interest, principal or Redemption Price need not be made on such date but may be made on the next succeeding Business Day, with the same force and effect as if made on the due date, and no interest on such payment shall accrue for the period after such due date if payment is made on such next succeeding Business Day.

Section 608. No Rights Conferred on Others. Nothing herein  contained shall confer any right upon any Person other than the parties hereto and the Owners of the 2020 Bonds.

Section 609. Use of 2020 Acquisition and Construction Account Moneys and Other Trust Funds. Upon the occurrence of an Event of Default, moneys in the Series 2020  Acquisition and Construction Account and the 2020 Trust Estate may be used to pay the fees and the expenses and costs of litigation and other remedies of the Trustee incurred to pursue remedies under the Indenture.

Section 610. Bond Year. The Bond Year for the 2020 Bonds shall mean May 1-April 30, except that the first Bond Year is from the date of issuance of the 2020 Bonds through April 30, 2021.

ARTICLE VII
THE TRUSTEE; THE PAYING AGENT AND BOND REGISTRAR

Section 701. Acceptance of Trust. The Trustee accepts and agrees to execute the trusts hereby created and agrees to perform such trusts upon the terms and conditions set forth in the Indenture. The Trustee agrees to act as Paying Agent and Bond Registrar for the 2020 Bonds.

Section 702. Trustee’s Duties. The Trustee shall not be responsible in any manner for the due execution of this Thirtieth Supplemental Indenture by the District or for the recitals contained herein (except for the certificate of authentication on the 2020 Bonds), all of which are made solely by the District. Nothing contained herein shall limit the rights, benefits, privileges, protection and entitlement inuring to the Trustee under the Master Indenture.

Section 703. Brokerage Confirmations. The District acknowledges that to the extent regulations of the Comptroller of the Currency or other applicable regulatory entity grant the District the right to receive individual confirmations of security transactions at no additional cost, as they occur, the District specifically waives receipt of such confirmations to the extent permitted by law. The Trustee will furnish the District periodic cash transaction statements that include detail for all investment transactions made by the Trustee hereunder.

Section 704. Assignment of District’s Rights under  Collateral  Assignment Agreement. The District hereby assigns its rights under the Collateral Assignment Agreement to the Trustee for the benefit of the Owners, from time to time, of the 2020 Bonds. The Trustee shall not be deemed to have accepted or assumed any obligation under the Collateral Assignment Agreement by virtue of such assignment.

Section 705. Patriot Act Requirements of Trustee. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. For a non-individual person such as a business entity, a charity, a trust, or other legal entity, the Trustee will ask for documentation to verify such non-individual person’s formation and existence as a legal entity. The Trustee may also ask to see financial statements, licenses, identification and authorization documents from individuals claiming authority to represent  the entity or other relevant documentation.

IN WITNESS WHEREOF, Lakewood Ranch Stewardship District has caused these presents to be signed in its name and on its behalf by its Chairman, and its official seal to be hereunto affixed and attested by its Secretary, thereunto duly authorized, and to evidence its acceptance of the trusts hereby created, the Trustee has caused these presents to be signed in its name and on its behalf by its duly authorized officer.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

[SEAL]

By:		 Chairman, Board of Supervisors

ATTEST:

By:		 Secretary, Board of Supervisors

U.S. BANK NATIONAL ASSOCIATION,
as Trustee

By:		 Vice President

EXHIBIT “A”

Engineer’s Report for Lorraine Lakes, dated May 2020

EXHIBIT “B”

Form of the 2020 Bonds

No. 2020-R-	$[ 	]
United States of America State of Florida
LAKEWOOD RANCH STEWARDSHIP DISTRICT SPECIAL ASSESSMENT REVENUE BOND, SERIES 2020 (LORRAINE LAKES PROJECT)

Interest
Rate	Maturity
Date	Dated
Date	
CUSIP	
[ 	]%	May 1, 20  	October , 2020	51265K  		

Registered Owner:	Cede & Co.

Principal Amount:	[ 	] DOLLARS

LAKEWOOD RANCH STEWARDSHIP DISTRICT, a special district duly created and existing pursuant to Chapter 2005-338, Laws of Florida, as amended (the “District”), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the Registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this 2020 Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture mentioned hereinafter) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for, or if no interest has been paid, from the Dated Date shown above, on May 1 and November 1 of each year (each, an “Interest Payment Date”), commencing on May 1, 2021, payment of said principal sum has been made or provided for, at the rate per annum set forth above. Notwithstanding  the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable  on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (as hereinafter defined), be paid to the Registered Owner hereof at the close of business on the regular record date for such interest, which shall be the fifteenth (15th) day of the calendar month next preceding such Interest Payment Date, or if such day is not a Business Day on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (i) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent

(hereinafter defined) to such person, who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the Registered Owner of this 2020 Bond. Except as otherwise applicable to bonds held pursuant to a book  entry system, any payment of principal, or Redemption Price shall be made only upon presentation hereof at the designated office of U.S. Bank National Association, located in Fort Lauderdale, Florida, or any alternate or successor paying agent (collectively, the “Paying Agent”). Except as otherwise applicable to bonds held in a book-entry system, payment of interest shall be made by check or draft or by wire transfer to the Registered Owner set forth above if such owner requests payment by wire transfer in writing on or prior to the regular record date for the respective interest payment to such account as shall be specified in such request, but only if the Registered Owner set forth above owns not less than $100,000 in aggregate principal amount of the 2020 Bonds or all of the then Outstanding 2020 Bonds, as defined below. Interest on this 2020 Bond will be computed on the basis of a 360-day year of twelve 30-day months.

This 2020 Bond is one of a duly authorized issue of bonds of the District designated “Special Assessment Revenue Bonds, Series 2020 (Lorraine Lakes Project)” (the “2020 Bonds”) issuable under and governed by the terms of a Master Trust Indenture, dated as of September 1, 2005 (the “Master Indenture”), between the District and U.S. Bank National Association, as trustee (the “Trustee”), as supplemented by a Thirtieth Supplemental Trust Indenture, dated as of October 1, 2020 (the “Supplemental Indenture”), between the District and the Trustee (the Master Indenture as supplemented by the Supplemental Indenture is hereafter referred to as the “Indenture”). The 2020 Bonds are secured by the 2020 Pledged Revenues and 2020 Pledged Funds as provided for in the Indenture. The 2020 Bonds are issued in an aggregate principal amount  of 	, for the purpose of (i) financing the Cost of the acquisition, construction, installation and equipping of the 2020 Project; (ii) paying certain costs associated with the issuance of the 2020 Bonds; (iii) paying the interest to become due on the 2020 Bonds through November 1, 2021; and (iv) funding the 2020 Reserve Account.

NEITHER THIS 2020 BOND NOR THE INTEREST AND PREMIUM, IF ANY, PAYABLE HEREON SHALL CONSTITUTE A GENERAL OBLIGATION OR GENERAL INDEBTEDNESS OF THE DISTRICT WITHIN THE MEANING OF THE CONSTITUTION AND LAWS OF FLORIDA. THIS 2020 BOND AND THE INTEREST AND PREMIUM, IF ANY, PAYABLE HEREON AND THEREON DO NOT CONSTITUTE EITHER A PLEDGE OF THE FULL FAITH AND CREDIT OF THE DISTRICT OR A LIEN UPON ANY PROPERTY OF THE DISTRICT OTHER THAN AS PROVIDED IN THE INDENTURE AUTHORIZING THE ISSUANCE OF THE 2020 BONDS. NO OWNER OR ANY OTHER PERSON SHALL EVER HAVE THE RIGHT TO COMPEL THE EXERCISE OF ANY AD VALOREM TAXING POWER OF THE DISTRICT OR ANY OTHER PUBLIC AUTHORITY OR GOVERNMENTAL BODY TO PAY DEBT SERVICE OR TO PAY ANY OTHER AMOUNTS REQUIRED TO BE PAID PURSUANT TO THE INDENTURE, OR THE 2020 BONDS. RATHER, DEBT SERVICE AND ANY OTHER AMOUNTS REQUIRED TO BE PAID PURSUANT TO THE INDENTURE, OR THE 2020 BONDS, SHALL BE PAYABLE SOLELY FROM, AND SHALL BE SECURED SOLELY

BY, THE 2020 PLEDGED REVENUES AND THE 2020 PLEDGED FUNDS PLEDGED TO THE 2020 BONDS, ALL AS PROVIDED HEREIN AND IN THE INDENTURE.

All acts, conditions and things required by the Constitution and laws of the State of Florida and the resolutions of the District to happen, exist and be performed precedent to and in the issuance of this 2020 Bond and the execution of the Indenture, have happened, exist and have been performed as so required. This 2020 Bond shall not be valid or become obligatory for any purpose or be entitled to any benefit or security under the Indenture until it shall have been authenticated by the execution by the Trustee of the Certificate of Authentication endorsed hereon.

This 2020 Bond is issued under and pursuant to the Constitution and laws of the State of Florida, particularly Chapter 2005-338, Laws of Florida, as amended, and other applicable provisions of law and pursuant to the Indenture, executed counterparts of which Indenture are on file at the designated office of the Trustee. Reference is hereby made to the Indenture for the provisions, among others, with respect to the custody and application of the proceeds of 2020 Bonds, the collection and disposition of revenues and the funds charged with and pledged to the payment of the principal, and Redemption Price of, and the interest on, the 2020 Bonds, the nature and extent of the security thereby created, the covenants of the District with respect to the levy and collection of Series 2020 Assessments (as defined in the Indenture), the terms and conditions under which the 2020 Bonds are or may be issued, the rights, duties, obligations and immunities of the District and the Trustee under the Indenture and the rights of the Registered Owners and Beneficial Owners of the 2020 Bonds, and, by the acceptance of this 2020 Bond, the Registered Owner and Beneficial Owners hereof assent to all of the provisions of the Indenture. Terms not otherwise defined herein shall have the meaning ascribed to them in the Indenture. The 2020 Bonds are equally and ratably secured by the 2020 Trust Estate, without preference or priority of one 2020 Bond over another. Subject to certain exceptions, the District has covenanted in the Indenture not to issue or incur any obligations payable from the 2020 Trust Estate other than Refunding Bonds issued in accordance with the provisions of the Master Indenture. The District or other governmental entities may, however, impose and levy assessments or ad valorem taxes payable on a parity with the Series 2020 Assessments securing the 2020 Bonds.

The 2020 Bonds are issuable only as registered bonds without coupons in current interest form in denominations of $5,000 or any integral multiple thereof (an “Authorized Denomination”); provided however, the 2020 Bonds will initially be delivered in denominations of $100,000 and integral multiples of $5,000 in excess thereof. This 2020 Bond is transferable by the Registered Owner hereof or his duly authorized attorney at the designated corporate trust office of the Trustee in Fort Lauderdale, Florida as Bond Registrar (the “Bond Registrar”), upon surrender of this 2020 Bond, accompanied by a duly executed instrument of transfer in form and with guaranty of signature reasonably satisfactory to the Bond Registrar, subject to such reasonable regulations as the District or the Bond Registrar may prescribe, and upon payment of any taxes or other governmental charges incident to such transfer. Upon any such transfer a new 2020 Bond or 2020 Bonds, in the same aggregate principal amount as the 2020 Bond or 2020 Bonds transferred, will be issued to the transferee. At the corporate trust office of the Bond

Registrar in Fort Lauderdale, Florida, in the manner and subject to the limitations and conditions provided in the Indenture and without cost, except for any tax or other governmental charge, 2020 Bonds may be exchanged for an equal aggregate principal amount of 2020 Bonds of the same maturity, in Authorized Denominations and bearing interest at the same rate or rates.

The District has established a book-entry system of registration for the 2020 Bonds. Except as specifically provided otherwise in the Indenture, an agent will hold this 2020 Bond on behalf of the beneficial owner hereof. By acceptance of a confirmation of purchase, delivery or transfer, the beneficial owner of this 2020 Bond shall be deemed to have agreed to such arrangement.

Optional Redemption

The 2020 Bonds are subject to redemption prior to maturity at the option of the District, in whole or in part at any time on or after May 1, 20 (less than all 2020 Bonds to be selected by lot), at the Redemption Price of the principal amount of the 2020 Bonds or portions thereof to be redeemed, plus accrued interest to the redemption date.

Mandatory Redemption

The 2020 Bonds are subject to mandatory redemption in part by the District by lot prior to their scheduled maturity from moneys in the 2020 Sinking Fund Account established under the Supplemental Indenture in satisfaction of applicable Amortization Installments at a Redemption Price of 100% of the principal amount thereof, without premium, plus accrued interest to the redemption date, on May 1 of the years and in the principal amounts set forth below:
$ 	Term Bond maturing May 1, 20  

May 1 of
the Year	Amortization
Installment	
	$	

*		

*Maturity

$ 	Term Bond maturing May 1, 20  

May 1 of
the Year	Amortization
Installment	
	$	

*		

*Maturity

$ 	Term Bond maturing May 1, 20  

May 1 of
the Year	Amortization
Installment	
	$	

*		

*Maturity

$ 	Term Bond maturing May 1, 20  

May 1 of
the Year	Amortization
Installment	
	$	

*		

*Maturity

Upon redemption or purchase of the 2020 Bonds (other than redemption in accordance with scheduled Amortization Installments), the District shall cause to be recalculated and delivered to the Trustee revised Amortization Installments recalculated so that Debt Service on such 2020 Bonds is amortized in substantially equal annual installments of principal and interest (subject to rounding to Authorized Denominations of principal) over the remaining term of such 2020 Bonds (the annual principal amounts so determined are hereinafter referred to as the “Aggregate Amortization Installments”). The Amortization Installments as so recalculated shall not result in an increase in Aggregate Amortization Installments in any year.

Extraordinary Mandatory Redemption

The 2020 Bonds are subject to extraordinary mandatory redemption prior to scheduled maturity, in whole on any date or in part on any Quarterly Redemption Date, and if in part on a pro rata basis as calculated by the District determined by the ratio of the Outstanding principal amount of each maturity of the 2020 Bonds treating for such purposes each Amortization Installment as a maturity divided by the aggregate principal amount of Outstanding  2020 Bonds and as otherwise provided in the Indenture, at the Redemption Price of 100% of the principal amount thereof, without premium plus accrued interest to the redemption date, if and to the extent that any one or more of the following shall have occurred:

On or after the Date of Completion of the 2020 Project, by application of moneys transferred from the 2020 Acquisition and Construction Account to the 2020 Prepayment Subaccount of the 2020 Redemption Account in accordance with the terms of the Indenture; or

Amounts are deposited into the 2020 Prepayment Subaccount of the 2020 Redemption Account from the prepayment of Series 2020 Assessments and from amounts deposited into the 2020 Prepayment Subaccount from the 2020 Reserve Account; or

When the amount on deposit in the 2020 Reserve Account, together with other moneys available therefor are sufficient to pay and redeem all 2020 Bonds then Outstanding as provided in the Supplemental Indenture.

Except as otherwise provided in the Indenture, if less than all of the 2020 Bonds subject to redemption shall be called for redemption, the particular maturities of such 2020 Bonds or portions of particular maturities of such 2020 Bonds to be redeemed shall be selected by the Bond Registrar on a pro rata basis as determined by the ratio of the Outstanding principal amount of each maturity of the 2020 Bonds divided by the aggregate principal amount of Outstanding 2020 Bonds and as otherwise provided in the Indenture and then by lot within each maturity, as determined by Cede & Co.

Notice of each redemption of 2020 Bonds is required to be mailed by the Bond Registrar, postage prepaid, not less than thirty (30) nor more than forty-five (45) days prior to the redemption date to each Registered Owner of 2020 Bonds to be redeemed at the address of such Registered Owner recorded on the bond register maintained by the Bond Registrar. Notice of optional redemption may be conditioned upon the occurrence or non-occurrence of such event or events as shall be specified in such notice of optional redemption and may also be subject to

rescission by the District if expressly set forth in such notice. On the date designated for redemption, notice having been given and money for the payment of the Redemption Price being held by the Paying Agent, all as provided in the Indenture, the 2020 Bonds or such portions thereof so called for redemption shall become and be due and payable at the Redemption Price provided for the redemption of such 2020 Bonds or such portions thereof on such date, interest on such 2020 Bonds or such portions thereof so called for redemption shall cease to accrue, such 2020 Bonds or such portions thereof so called for redemption shall cease to be entitled to any benefit or security under the Indenture and the Owners thereof shall have no rights in respect of such 2020 Bonds or such portions thereof so called for redemption except to receive payments of the Redemption Price thereof so held by the Paying Agent. Further notice of redemption shall be given by the Bond Registrar to certain registered securities depositories and information services as set forth in the Indenture, but no defect in said further notice nor any failure to give all or any portion of such further notice shall in any manner defeat the effectiveness of a call for redemption if notice thereof is given as above prescribed.

The Owner of this 2020 Bond shall have no right to enforce the provisions of the Indenture or to institute action to enforce the covenants therein, or to take any action with respect to any Event of Default under the Indenture, or to institute, appear in or defend any suit or other proceeding with respect thereto, except as provided in the Indenture.

In certain events, on the conditions, in the manner and with the effect set forth in the Indenture, the principal of all the 2020 Bonds then Outstanding under the Indenture may become and may be declared due and payable before the stated maturity thereof, with the interest accrued thereon.

Modifications or alterations of the Indenture or of any indenture supplemental thereto may be made only to the extent and in the circumstances permitted by the Indenture.

If the District deposits or causes to be deposited with the Trustee funds or Federal Securities (as defined in the Indenture) sufficient to pay the principal or Redemption Price of any 2020 Bonds becoming due at maturity or by call for redemption in the manner set forth in the Indenture, together with the interest accrued to the due date, the lien of such 2020 Bonds as to the 2020 Trust Estate shall be discharged, except for the rights of the Owners thereof with respect to the funds so deposited as provided in the Indenture.

This 2020 Bond shall have all the qualities and incidents, including negotiability, of investment securities within the meaning and for all the purposes of the Uniform Commercial Code of the State of Florida.

This 2020 Bond is issued with the intent that the laws of the State of Florida shall govern its construction.

[Remainder of page intentionally left blank]

IN WITNESS WHEREOF, Lakewood Ranch Stewardship District has caused this 2020 Bond to bear the signature of the Chairman of its Board of Supervisors and the official seal of the District to be impressed or imprinted hereon and attested by the signature of the Secretary to the Board of Supervisors.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

[SEAL]	By:  	
Chairman, Board of Supervisors

ATTEST:

By:		 Secretary, Board of Supervisors

CERTIFICATE OF AUTHENTICATION

This 2020 Bond is one of the Bonds of the Series designated herein, described in the within-mentioned Indenture.

U.S. BANK NATIONAL ASSOCIATION, as Bond Registrar

By:		 Vice President

Date of Authentication: October , 2020

CERTIFICATE OF VALIDATION

This 2020 Bond is one of a Series of Bonds which were validated by a final judgment rendered by the Circuit Court of the Twelfth Judicial Circuit of the State of Florida in and for Manatee and Sarasota Counties on December 20, 2005.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

By:		 Chairman, Board of Supervisors

[FORM OF ASSIGNMENT FOR 2020 BONDS]

The following abbreviations, when used in the inscription on the face of the within 2020 Bond, shall be construed as though they were written out in full according to applicable laws or regulations.

TEN COM	as tenants in common TEN ENT	as tenant by the entireties
JT TENas joint tenants with the right of survivorship and not as tenants in common

UNIFORM TRANS MIN ACT -	 	

Custodian	 	

under	Uniform

Transfers to Minors Act 	(State)

Additional abbreviations may also be used though not in the above list.

For value received, the undersigned hereby sells, assigns and transfers unto
 	 the within 2020 Bond and all rights thereunder, and   hereby   irrevocably   constitutes  and  appoints 	, attorney to transfer the said 2020 Bond on the books of the District, with full power of substitution in the premises.

Dated this       day of 	, .

Social Security Number of Employer:  	

Identification Number of Transferee:  	

Signature guaranteed: 	

By:		 Authorized Signatory

NOTICE: The assignor’s  signature to this Assignment must correspond with the name as it appears on the face of the within 2020 Bond in  every particular without alteration or any change whatever.

EXHIBIT B

FORM OF BOND PURCHASE CONTRACT

EXHIBIT C

FORM OF PRELIMINARY LIMITED OFFERING MEMORANDUM

EXHIBIT D

FORM OF CONTINUING DISCLOSURE AGREEMENT

LAKEWOOD RANCH STEWARDSHIP DISTRICT

t	er	atters

(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Other Matters

(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Financing Matters Relative to the Northeast Sector Phase 2B Bonds

LAKEWOOD RANCH STEWARDSHIP DISTRICT

MBS Capital Markets, LLC IBA Supplement

MBS	CAPITAL MARKETS, LLC

SUPPLEMENT TO INVESTMENT BANKING AGREEMENT DATED NOVEMBER 2, 2012 REGARDING BOND ISSUANCES BY LAKEWOOD RANCH STEWARDSHIP DISTRICT

Septem ber 4, 2020

Board of Supervisors
Lakewood Ranch Stewardship District

Dear Superv iso rs:

MBS Ca pital Markets LLC ("Underwriter")  and  the  Board  of  Supervisors  of  the  Lakewood  Ranch  Stewardship District  ("District")  entered   into  an   Investment   Banking   Agreement   effective   ovember   2   2012  ('  Agreement") whe re in  the  Dis tric t  engaged  the  Underwriter  to  provide  inve  tment  banking  services  for  the  District.   The purpose of this letter is to supp le me nt the Agreeme nt by spec ify i ng  the  particular  planned  transaction  currently  being contemplated by the District for wh ic h s uc h  investment  banking  services are  to  be  provided  by  the Underwriter.

The District is considering the issuance of  its  Special  Assessment  Revenue  Bonds  (NE  Sector  -  Phase  28)  in 2020 for the purpose of acquiring/constructing  public  i n frastruct ure  improvements  for  the NE Sector  area.  It  is the District s intent to engage the Underwriter to provide i nvestme n t banking services for this transact ion .

The  scope  of  services  to  be  provided  in  a  non-fiduciary  capacity  by  the  Underwriter  for  this  transaction  will include those lis ted below.

Advice regarding the structure, timing, term , and other similar matters concerning the particular municipal sec ur ities described above.
Preparation of rating strategies and presentations related to the issue be i ng und erwr itten.
Preparations for and assistance with investor " road shows,"  if  any ,  and  investor  discussions related to the iss ue being underwritten.
Advice  regarding  retail  order  periods  and  in  titutional  marketing   if  the  District  decides  to  engage in a negotiated a le .
Assistance in the preparation of the Preliminary Official Statement, if any and the fina l Official Statement.

4890 WEST KENNEDY BLVD . SUITE 940
TAMPA, FLORIDA 33609
PHONE: 813.281.2700

152 LINCOLN A VEN UE
W IN TER PARK, FLORIDA 32789
PHONE: 407.622.0130

8583 STRA WBERR Y LANE LONGMONT, COLORADO 80503
PHONE: 303.652.0205

1001 BRADFORD WAY
KINGSTON, TENNESSEE 37763
PHONE: 865.717.0303

M BS	CAPITAL MARKETS, LLC
Assistance with the closing of the is s ue, in c ludin g negotiation and discussion with respect to all documents , ce1t ificates , and opinio ns needed for the clos ing.
Coordinat ion with respect to obtainin g CUSIP numbers and the regis tratio n with the Depository
Trust Comp any.
Preparatio n of post-sale reports for the issue , if any.
Structurin g of refundin g escrow cash flow requirements, but not the recommendation of and brokerage of particular municipal escrow in vestme nts.

All other terms of the Agreement shall rema in in e ffect, incl udin g spec ifically the Disclos ures Conce rnin g the Underwrit e r' s Ro le Required by MSRB Rule G-17 which is again being provided  in Exhibi t A he reto.  By  exec ution of this s upplem en t to the Agreement you are acknow ledging receipt of the same.

This s uppl e ment to the Agreement sha ll be effective upon your acceptance and shall remain in effect unti l s uch time as the financing described herein has been comp le ted or the Agreement is terminated as provided in Sec tio n 3 of the Agreement.

Sincerely ,

MBS Capital Markets, LLC

Approved and Accepted By:	 	                                                                 Tit le:	 	
Date:	 	

M BS	CAPITAL MARKETS, LLC

EXHIBIT A

Disclosures Concerning the Underwriter's Role

(i) Mu n ic ipal Sec uriti es Ru lem aking Boa rd Rul e G-1 7 requi res an underwrit er to dea l fairly at all time s wit h both municipal iss ue rs and in vestors:

The Und e rwr ite r' s prima ry role is to purchase sec uritie s with a vie w to dist ri but io n i n an arm's - lengt h commerc ial t ransaction with the  Dist ric t and  it  has  financial  and  other  inte rests  th at differ  from  those of the Dis t rict;

(ii i) Unlike a mun ici pal advisor, the U nderwrit e r does not  have a fiduciary  duty  to  t he  District  under the  federal sec ur it ies laws and is. there fore, not req ui red by federal law to act in the best in terests of the Dis t ric t without regard to its ow n financial or other int e rests:

The U nderwrite r has a duty to purchase secur i ties from the Dist rict at a fai r and reaso nable price, but must balance that duty with it s duty to sell mun ic ipal sec uriti es to in vestors at prices that are fai r and reasona ble: and

The Under write r will revie w the o ffic ial s tate ment fo r the Dis t rict' s sec urit ies in accordance with, and as part of, its res pons ibiliti es to in vestors under the federal sec urit ie s laws, as applied to the fac ts and c i rcum stances of the transaction.

Disclosure Conce rning the Underwriter' s C o mpensatio n

Underw riter's compen satio n that is con tin gent on the c los i ng of a trans actio n or the size of a transact io n prese nts a confl ict o f inte rest, because it may cause the Underwriter to recomme nd a transaction that it is un necessary or to recommend that the size of the transact io n be larger than is necess ary.

Con flicts of Interest

Payments to or from Third Parties . There are no undi sc lose d payments, value s. o r cred its to be received by the Underwriter in connection with it s unde rwr i ting of thi s ne w iss ue from parties other than the Dis tric t, and there are no undisc lo se d payments to be made by the Underwrite r in connection with this new iss ue to parties other than the District (in e ith e r case inc lu ding payments, values, or cred its that re late directly or ind irect ly to collateral transactions integ rally related to the issue  be in g  underwritten). In addition, there are no  third -party  arrangements for the market i ng of the Dis tric t' s sec uriti es.

Profit-Sha ring with Inv estors. Ther e are no ar range me nts between the Un derwriter and an in ves to r purcha s ing new iss ue se curitie s from the Underwrit e r ( inc lu d i ng purchases that are co nti nge nt u pon the de livery by the Dis trict to the Underwriter of the securitie s) according to wh ic h profits realized  from  the resa le  by suc h investor of the securitie s are direct ly or indirectly spli t or othe rwis e s hared with the Underwr i te r.

Credit Default Swaps. There will be no issu ance  o r  purchase  by  the  Underwriter  of credit  default  swa ps  for whic h the reference is the District for which the Underwriter is se rving as underwriter. or an obli g atio n of that District.

MBS	CAPITAL MARKETS, LLC

Retail Order Periods. For new iss ues in whic h there is a retail o rder perio d, the Un derwrite r will ho no r s uch agreement to provide the retail o rder period . No allocation of securiri es  in a mann er that is  inc o ns iste nt  with a Dis tricf s requirem ents will be made with o ut the Distric·t  s consent.  I n additio n. when the Underwriter has agreed to underwrite a transactio n with a retail o rder period. it will take reasonable measures to ens ure that reta il cl ients are bona fide.

Dealer Payments to District Personnel.  Reim  bursements  .  if any.  made to personnel of  the District  wi ll  be made in compl ia nce wit h MSRB Rule G-20, on gifts. g ratuiti es. and no n-c ash co mpe nsatio n. and Ru le G- 1 7. in connection with ce rtain payments made to . and expe nses reimb ursed for, Dis trict perso nne l dur ing the mun ic ipal bond iss uance process.

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Other Matters

(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Bid Award for Blue Lake Road

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Award Recommendation Letter and Bid Tabulation

August 20, 2020

File:	215615146 240

Stantec Consulting Services Inc. 6900 Professional Parkway East Sarasota FL 34240-8414
Tel: (941) 907-6900
Fax: (941) 907-6910

Via: E-Mail (rex.jensen@smrranch.com)

Lakewood Ranch Stewardship District 14400 Covenant Way
Lakewood Ranch, FL 34202

Attn:	Mr. Rex Jensen
Chairman of the Board

Reference:	Blue Lake Road
Contract Recommendation

Dear Mr. Jensen:

On July 31, 2020, we received and opened seven bids from Lakewood Ranch Stewardship District’s pre- qualified firms for the Blue Lake Road project. We received bids from E.T. MacKenzie of Florida, Inc., Frederick Derr & Company Inc., Ryangolf Corporation, Woodruff & Sons, Inc., Westra Construction Corp, RIPA & Associates, and Watson Civil Construction. Attached is a tabulation of the bids received.

Ryangolf Corporation submitted the lowest Base Bid for $5,022,550.19. We have reviewed the bid package provided and determined that it is responsive, and we find the Contractor acceptable to perform the work on this project based on the information received.

Therefore, we recommend that Lakewood Ranch Stewardship District award the contract to Ryangolf Corporation for the total bid of $5,022,550.19.
If you have any questions or comments, please contact our office. Sincerely,

Stantec Consulting Services Inc.

Robert A. Engel, P.E.
Assistant District Engineer/ Senior Principal
Tel: (941) 907-6900
E-Mail: rob.engel@stantec.com

Enclosure

Approved by LWRSD Board

C:	Bob Simmons, LWR Development LLC	 	 Mike Blackrick, LWR Development LLC
Roger Aman, LWR Development LLC
Kathy Horn, LWR Development LLC	 	
Date

08/20/2020 - JVEGA
V:\2156\active\215615146\admin\documents\final_document\letter\let_r-jensen_lwrsd_blue-lake-rd_bid-award-rcmndtn_ryangolf_kel_rae_20200820.docx

Bid Tabulation Blue Lake Road

	Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Blue Lake Road 								
Excavation	$826,883.44	$1,039,743.58	$963,944.00	$1,168,350.75	$1,086,402.67	$1,013,389.75	$1,244,513.55	
Potable Water	$35,820.25	$26,351.00	$16,715.00	$37,924.40	$38,656.41	$39,465.00	$20,439.00	
Sanitary Sewer	$21,979.00	$20,435.00	$9,812.00	$20,556.00	$18,121.17	$29,842.00	$13,913.00	
Drainage	$846,707.50	$753,648.25	$744,710.00	$783,308.75	$814,426.31	$871,295.00	$808,983.00	
Roadways & Pavement	$2,266,110.00	$2,318,772.17	$2,502,450.00	$2,465,335.35	$2,422,577.04	$2,717,763.70	$2,819,826.65	
General	$1,025,050.00	$1,011,050.00	$957,810.00	$950,956.00	$1,056,072.66	$1,234,000.00	$1,406,265.00	

Total	$5,022,550.19	$5,170,000.00	$5,195,441.00	$5,426,431.25	$5,436,256.26	$5,905,755.45	$6,313,940.20	

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Blue Lake Road

Excavation			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	

Clearing & Grubbing	
50	
AC	
$1,300.00	
$64,740.00	
$2,000.00	
$99,600.00	
$895.00	
$44,571.00	
$2,190.00	
$109,062.00	
$887.19	
$44,182.06	
$1,400.00	
$69,720.00	
$1,300.00	
$64,740.00	
Silt Fence	35,960	LF	$1.75	$62,930.00	$1.45	$52,142.00	$1.50	$53,940.00	$2.85	$102,486.00	$1.32	$47,467.20	$1.20	$43,152.00	$2.00	$71,920.00	
Excavation Lake 1 (insitu measure)	35,237	CY	$2.90	$102,187.30	$3.50	$123,329.50	$3.90	$137,424.30	$3.55	$125,091.35	$3.48	$122,624.76	$4.75	$167,375.75	$4.15	$146,233.55	
	43,638	CY	$2.90	$126,550.20	$3.50	$152,733.00	$4.00	$174,552.00	$3.65	$159,278.70	$3.48	$151,860.24	$5.00	$218,190.00	$4.15	$181,097.70	
Excavation Lake 4 (insitu measure)																	
Muck Excavation (unsuitable soils)	5,000	CY	$3.25	$16,250.00	$4.65	$23,250.00	$6.00	$30,000.00	$7.85	$39,250.00	$4.48	$22,400.00	$6.10	$30,500.00	$10.00	$50,000.00	
Grading (including 63,100 CY of place and compact compacted measure, lake bank, roadway, return slopes, and all final grading to complete project EXCEPT SWALES)	

1	

LS	

$82,500.00	

$82,500.00	

$145,000.00	

$145,000.00	

$133,600.00	

$133,600.00	

$147,385.00	

$147,385.00	

$209,820.10	

$209,820.10	

$130,000.00	

$130,000.00	

$172,000.00	

$172,000.00	
Excavation and grading of all swales (36,850 CY of excavation)	
1	
LS	
$67,500.00	
$67,500.00	
$125,000.00	
$125,000.00	
$20,520.90	
$20,520.90	
$95,690.00	
$95,690.00	
$127,932.95	
$127,932.95	
$21,000.00	
$21,000.00	
$147,900.00	
$147,900.00	
Sod ROW, Common Areas	100,000	SY	$1.89	$189,000.00	$1.98	$198,000.00	$2.30	$230,000.00	$2.45	$245,000.00	$2.16	$216,000.00	$2.10	$210,000.00	$2.45	$245,000.00	
Sod, Lakes	3,692	SY	$1.89	$6,977.88	$1.98	$7,310.16	$2.30	$8,491.60	$2.45	$9,045.40	$2.16	$7,974.72	$2.10	$7,753.20	$2.55	$9,414.60	
Sod, Swales & Berm	51,454	SY	$1.89	$97,248.06	$1.98	$101,878.92	$2.30	$118,344.20	$2.45	$126,062.30	$2.16	$111,140.64	$2.20	$113,198.80	$2.55	$131,207.70	
Seed & Mulch (including for temporary conveyance)	50,000	SY	$0.22	$11,000.00	$0.23	$11,500.00	$0.25	$12,500.00	$0.20	$10,000.00	$0.50	$25,000.00	$0.05	$2,500.00	$0.50	$25,000.00	

Excavation Grand Total =	
$826,883.44	
$1,039,743.58	
$963,944.00	
$1,168,350.75	
$1,086,402.67	
$1,013,389.75	
$1,244,513.55	

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Blue Lake Road

Potable Water			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	

8" PVC (DR-18) Water Main	
127	
LF	
$35.75	
$4,540.25	
$53.00	
$6,731.00	
$27.00	
$3,429.00	
$57.20	
$7,264.40	
$50.50	
$6,413.50	
$45.00	
$5,715.00	
$32.00	
$4,064.00	
Temp Blow Off	2	EA	$1,550.00	$3,100.00	$1,250.00	$2,500.00	$930.00	$1,860.00	$2,415.00	$4,830.00	$878.32	$1,756.64	$1,300.00	$2,600.00	$650.00	$1,300.00	
Adjust to Grade 24" Gate Valve	5	EA	$800.00	$4,000.00	$260.00	$1,300.00	$253.00	$1,265.00	$715.00	$3,575.00	$925.85	$4,629.25	$1,200.00	$6,000.00	$345.00	$1,725.00	
Adjust to Grade 12" Gate Valve	1	EA	$700.00	$700.00	$250.00	$250.00	$253.00	$253.00	$715.00	$715.00	$925.85	$925.85	$950.00	$950.00	$325.00	$325.00	
Adjust to Grade 8" Gate Valve	8	EA	$700.00	$5,600.00	$240.00	$1,920.00	$253.00	$2,024.00	$715.00	$5,720.00	$925.85	$7,406.80	$800.00	$6,400.00	$325.00	$2,600.00	
Adjust to Grade Fire Hydrant Assembly	5	EA	$1,625.00	$8,125.00	$1,150.00	$5,750.00	$1,120.00	$5,600.00	$1,875.00	$9,375.00	$2,314.47	$11,572.35	$1,300.00	$6,500.00	$855.00	$4,275.00	
Chlorination & Pressure Testing	1	LS	$1,600.00	$1,600.00	$1,900.00	$1,900.00	$448.00	$448.00	$3,720.00	$3,720.00	$2,198.43	$2,198.43	$1,800.00	$1,800.00	$1,025.00	$1,025.00	
Connect to Existing	2	EA	$3,250.00	$6,500.00	$3,000.00	$6,000.00	$710.00	$1,420.00	$1,200.00	$2,400.00	$1,017.70	$2,035.40	$3,500.00	$7,000.00	$2,100.00	$4,200.00	
Potable Water Main Fittings	1	LS	$1,655.00	$1,655.00	$0.00	$0.00	$416.00	$416.00	$325.00	$325.00	$1,718.19	$1,718.19	$2,500.00	$2,500.00	$925.00	$925.00	

Potable Water Grand Total =	
$35,820.25	
$26,351.00	
$16,715.00	
$37,924.40	
$38,656.41	
$39,465.00	
$20,439.00	

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Blue Lake Road

Sanitary Sewer			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	

6" PVC Forcemain (DR25)	
164	
LF	
$26.00	
$4,264.00	
$35.00	
$5,740.00	
$20.00	
$3,280.00	
$35.25	
$5,781.00	
$24.09	
$3,950.76	
$53.00	
$8,692.00	
$17.00	
$2,788.00	
6" Gate Valve & Cap Force Main	2	EA	$1,925.00	$3,850.00	$1,600.00	$3,200.00	$1,210.00	$2,420.00	$1,040.00	$2,080.00	$2,014.60	$4,029.20	$2,100.00	$4,200.00	$1,600.00	$3,200.00	
Adjust to Grade Air Release Valve	3	EA	$1,240.00	$3,720.00	$2,350.00	$7,050.00	$345.00	$1,035.00	$1,235.00	$3,705.00	$1,143.82	$3,431.46	$1,700.00	$5,100.00	$730.00	$2,190.00	
Adjust to Grade 12" Gate Valve	3	EA	$685.00	$2,055.00	$240.00	$720.00	$253.00	$759.00	$715.00	$2,145.00	$917.15	$2,751.45	$950.00	$2,850.00	$325.00	$975.00	
Connect to Existing Forcemain	2	EA	$3,245.00	$6,490.00	$1,500.00	$3,000.00	$740.00	$1,480.00	$2,195.00	$4,390.00	$1,685.69	$3,371.38	$2,000.00	$4,000.00	$1,930.00	$3,860.00	
Sanitary Sewer Testing	1	LS	$1,600.00	$1,600.00	$725.00	$725.00	$838.00	$838.00	$2,455.00	$2,455.00	$586.92	$586.92	$5,000.00	$5,000.00	$900.00	$900.00	

Sanitary Sewer Grand Total=	
$21,979.00	
$20,435.00	
$9,812.00	
$20,556.00	
$18,121.17	
$29,842.00	
$13,913.00	

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Blue Lake Road

Drainage			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	

15" RCP	
188	
LF	
$35.00	
$6,580.00	
$35.25	
$6,627.00	
$37.00	
$6,956.00	
$44.75	
$8,413.00	
$44.66	
$8,396.08	
$70.00	
$13,160.00	
$45.00	
$8,460.00	
18" RCP	2,200	LF	$46.75	$102,850.00	$46.25	$101,750.00	$45.00	$99,000.00	$49.85	$109,670.00	$50.15	$110,330.00	$49.00	$107,800.00	$52.40	$115,280.00	
24" RCP	765	LF	$66.00	$50,490.00	$56.25	$43,031.25	$59.00	$45,135.00	$70.60	$54,009.00	$62.28	$47,644.20	$60.00	$45,900.00	$64.50	$49,342.50	
30" RCP	125	LF	$88.00	$11,000.00	$74.25	$9,281.25	$75.00	$9,375.00	$90.65	$11,331.25	$84.44	$10,555.00	$80.00	$10,000.00	$88.00	$11,000.00	
FDOT Type 6 Inlet	44	EA	$4,700.00	$206,800.00	$4,750.00	$209,000.00	$4,250.00	$187,000.00	$4,510.00	$198,440.00	$4,685.37	$206,156.28	$5,000.00	$220,000.00	$3,865.00	$170,060.00	
Valley Gutter Inlet	16	EA	$3,400.00	$54,400.00	$3,600.00	$57,600.00	$3,590.00	$57,440.00	$3,365.00	$53,840.00	$3,845.32	$61,525.12	$4,000.00	$64,000.00	$3,550.00	$56,800.00	
Grate Inlet Type G	12	EA	$3,150.00	$37,800.00	$3,400.00	$40,800.00	$2,715.00	$32,580.00	$3,100.00	$37,200.00	$2,965.17	$35,582.04	$4,500.00	$54,000.00	$3,855.00	$46,260.00	
Control Structure - Bubble Box	8	EA	$3,350.00	$26,800.00	$3,300.00	$26,400.00	$2,560.00	$20,480.00	$3,685.00	$29,480.00	$3,667.20	$29,337.60	$3,700.00	$29,600.00	$4,300.00	$34,400.00	
Single Grate Control Structure	1	EA	$3,450.00	$3,450.00	$6,800.00	$6,800.00	$3,045.00	$3,045.00	$4,655.00	$4,655.00	$3,726.68	$3,726.68	$4,300.00	$4,300.00	$3,650.00	$3,650.00	
Rip-Rap 20 lb Min Complete w/ Filter Fabric (for pipe e	250	SY	$74.25	$18,562.50	$57.25	$14,312.50	$77.00	$19,250.00	$41.65	$10,412.50	$79.60	$19,900.00	$82.00	$20,500.00	$47.50	$11,875.00	
Rip-Rap 20 lb Min Complete w/ Filter Fabric (for Swale	1,000	SY	$74.25	$74,250.00	$57.25	$57,250.00	$67.00	$67,000.00	$41.65	$41,650.00	$79.70	$79,700.00	$75.00	$75,000.00	$47.50	$47,500.00	
15" Endwall (Includes Riprap and Filter Fabric)	1	EA	$2,625.00	$2,625.00	$1,400.00	$1,400.00	$1,590.00	$1,590.00	$1,520.00	$1,520.00	$2,188.70	$2,188.70	$4,100.00	$4,100.00	$2,400.00	$2,400.00	
18" Endwall (Includes Riprap and Filter Fabric)	3	EA	$2,925.00	$8,775.00	$1,450.00	$4,350.00	$1,765.00	$5,295.00	$1,565.00	$4,695.00	$2,375.32	$7,125.96	$4,200.00	$12,600.00	$2,450.00	$7,350.00	
Underdrain Cleanout	141	EA	$370.00	$52,170.00	$230.00	$32,430.00	$324.00	$45,684.00	$480.00	$67,680.00	$333.45	$47,016.45	$400.00	$56,400.00	$277.00	$39,057.00	
6" Underdrain	9,055	LF	$21.00	$190,155.00	$15.75	$142,616.25	$16.00	$144,880.00	$16.60	$150,313.00	$16.04	$145,242.20	$17.00	$153,935.00	$22.70	$205,548.50	

Drainage Grand Total =	
$846,707.50	
$753,648.25	
$744,710.00	
$783,308.75	
$814,426.31	
$871,295.00	
$808,983.00	

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Blue Lake Road

Roadways & Pavement			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	
																
4" Thick Concrete Sidewalk (Common Areas Only)	767	SY	$32.40	$24,850.80	$34.00	$26,078.00	$30.00	$23,010.00	$26.95	$20,670.65	$32.27	$24,751.09	$34.00	$26,078.00	$39.02	$30,373.20	
1.25" FDOT Type SP 12.5 (Traffic B)	51,807	SY	$6.15	$318,613.05	$6.75	$349,697.25	$6.50	$336,745.50	$6.20	$321,203.40	$6.41	$332,082.87	$5.95	$308,251.65	$6.50	$336,745.50	
0.75" FDOT Type SP 9.5) (Traffic B	51,807	SY	$4.30	$222,770.10	$4.65	$240,902.55	$4.50	$233,131.50	$4.35	$225,360.45	$4.47	$231,577.29	$4.15	$214,999.05	$4.50	$233,131.50	
Mill Existing Asphalt and Overlay 20' beyond Existing EO	187	SY	$18.60	$3,478.20	$24.50	$4,581.50	$20.00	$3,740.00	$18.80	$3,515.60	$9.36	$1,750.32	$18.00	$3,366.00	$19.65	$3,674.55	
Mill Existing Asphalt and Overlay 20' beyond Existing EO	767	SY	$18.60	$14,266.20	$24.50	$18,791.50	$19.75	$15,148.25	$18.80	$14,419.60	$9.32	$7,148.44	$18.00	$13,806.00	$19.65	$15,071.55	
Mill Existing Asphalt and Overlay 20' beyond Existing EO	192	SY	$18.60	$3,571.20	$24.50	$4,704.00	$20.50	$3,936.00	$18.80	$3,609.60	$9.32	$1,789.44	$18.00	$3,456.00	$19.65	$3,772.80	
8" FDOT GROUP 6 BASE	51,807	SY	$11.50	$595,780.50	$13.50	$699,394.50	$13.00	$673,491.00	$12.80	$663,129.60	$11.48	$594,744.36	$13.50	$699,394.50	$15.75	$815,960.25	
12" Stabilized Subgrade LBR 60	57,738	SY	$6.90	$398,392.20	$5.00	$288,690.00	$9.00	$519,642.00	$7.90	$456,130.20	$7.76	$448,046.88	$11.00	$635,118.00	$9.90	$571,606.20	
Type "F" Drop Curb	62	LF	$13.25	$821.50	$13.75	$852.50	$14.00	$868.00	$20.10	$1,246.20	$14.85	$920.70	$32.00	$1,984.00	$13.40	$830.80	
Type "F" Curb Modified	3,558	LF	$9.00	$32,022.00	$9.25	$32,911.50	$9.00	$32,022.00	$7.80	$27,752.40	$10.49	$37,323.42	$10.50	$37,359.00	$9.10	$32,377.80	
Type 'F' Curb	22,477	LF	$9.90	$222,522.30	$10.90	$244,999.30	$10.00	$224,770.00	$12.45	$279,838.65	$11.43	$256,912.11	$12.00	$269,724.00	$10.25	$230,389.25	
1.5" FDOT Type SP 12.5 (Traffic B) - Multi-Use Trail	10,987	SY	$8.35	$91,741.45	$9.00	$98,883.00	$9.00	$98,883.00	$8.35	$91,741.45	$8.61	$94,598.07	$8.00	$87,896.00	$8.75	$96,136.25	
FPL/Lift Station and Multi-Use Trail FDOT Group 1 Base	12,247	SY	$8.00	$97,976.00	$8.25	$101,037.75	$7.50	$91,852.50	$9.05	$110,835.35	$10.23	$125,286.81	$8.50	$104,099.50	$11.25	$137,778.75	
FPL/Lift Station 12" Stabilized Subgrade LBR 40	14,125	SY	$7.25	$102,406.25	$4.50	$63,562.50	$7.25	$102,406.25	$8.65	$122,181.25	$6.96	$98,310.00	$10.50	$148,312.50	$11.50	$162,437.50	
2' Valley Gutter	8,075	LF	$9.85	$79,538.75	$10.00	$80,750.00	$10.00	$80,750.00	$8.50	$68,637.50	$11.60	$93,670.00	$10.50	$84,787.50	$11.10	$89,632.50	
20' Access Road 12" Stabilization ofSubgrade LBR 40	164	SY	$8.75	$1,435.00	$4.50	$738.00	$7.25	$1,189.00	$5.30	$869.20	$7.31	$1,198.84	$10.50	$1,722.00	$10.50	$1,722.00	
20' Concrete Drive - 6" Concrete reinforced with 6"x6"	55	SY	$45.90	$2,524.50	$51.50	$2,832.50	$50.00	$2,750.00	$35.35	$1,944.25	$50.66	$2,786.30	$62.00	$3,410.00	$59.75	$3,286.25	
Roadway Striping	1	LS	$50,000.00	$50,000.00	$55,940.82	$55,940.82	$53,615.00	$53,615.00	$49,150.00	$49,150.00	$64,172.46	$64,172.46	$60,000.00	$60,000.00	$51,000.00	$51,000.00	
Adjust Electirc Manhole and Handhole to Grade	1	LS	$600.00	$600.00	$575.00	$575.00	$1,000.00	$1,000.00	$2,000.00	$2,000.00	$2,636.09	$2,636.09	$9,000.00	$9,000.00	$900.00	$900.00	
Permanent Control Points	1	LS	$2,800.00	$2,800.00	$2,850.00	$2,850.00	$3,500.00	$3,500.00	$1,100.00	$1,100.00	$2,871.55	$2,871.55	$5,000.00	$5,000.00	$3,000.00	$3,000.00	

Roadways & Pavement Grand Total =	
$2,266,110.00	
$2,318,772.17	
$2,502,450.00	
$2,465,335.35	
$2,422,577.04	
$2,717,763.70	
$2,819,826.65	

8/12/2020-11:32 AM
V:\2156\active\215615146\civil\specification\bid_tab\bid-tab_blue_lake_rd.xlsx-Roadway	6 of 7

Blue Lake Road

General			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	

Mobilization	
1	
LS	
$75,000.00	
$75,000.00	
$40,000.00	
$40,000.00	
$53,850.00	
$53,850.00	
$56,325.00	
$56,325.00	
$95,847.41	
$95,847.41	
$300,000.00	
$300,000.00	
$452,000.00	
$452,000.00	
2" Conduit (Material & Install)	3,000	LF	$4.35	$13,050.00	$5.00	$15,000.00	$3.60	$10,800.00	$5.60	$16,800.00	$6.07	$18,210.00	$10.00	$30,000.00	$5.00	$15,000.00	
4" Conduit (Material & Install)	3,000	LF	$7.65	$22,950.00	$6.25	$18,750.00	$5.70	$17,100.00	$6.40	$19,200.00	$7.29	$21,870.00	$13.00	$39,000.00	$6.50	$19,500.00	
6" Conduit (Material & Install)	3,000	LF	$9.30	$27,900.00	$8.00	$24,000.00	$8.00	$24,000.00	$7.55	$22,650.00	$8.79	$26,370.00	$15.00	$45,000.00	$8.75	$26,250.00	
Construction Stakeout (as built data to be collected by Contractor and submitted to the Lakewood Ranch Stewardship District Engineer)	

1	

LS	

$85,000.00	

$85,000.00	

$89,000.00	

$89,000.00	

$102,285.00	

$102,285.00	

$68,850.00	

$68,850.00	

$90,564.18	

$90,564.18	

$10,000.00	

$10,000.00	

$94,000.00	

$94,000.00	
Demolition, per plan - Includes any demo work that needs to be done prior to clearing, i.e. removal of asphalt & curb, pipe, conduit, structures, fenceing, etc. not otherwise specified in Schedule of Values	

1	

LS	

$12,000.00	

$12,000.00	

$5,000.00	

$5,000.00	

$6,295.00	

$6,295.00	

$1,825.00	

$1,825.00	

$6,488.23	

$6,488.23	

$3,200.00	

$3,200.00	

$5,600.00	

$5,600.00	
General BMP and Inlet Protection	1	LS	$28,500.00	$28,500.00	$37,000.00	$37,000.00	$9,510.00	$9,510.00	$18,675.00	$18,675.00	$34,708.65	$34,708.65	$11,000.00	$11,000.00	$13,900.00	$13,900.00	
Temporary Emergency & Construction Entrance and Dust Control Measures	
1	
LS	
$4,250.00	
$4,250.00	
$11,000.00	
$11,000.00	
$6,370.00	
$6,370.00	
$2,610.00	
$2,610.00	
$32,496.67	
$32,496.67	
$55,000.00	
$55,000.00	
$9,750.00	
$9,750.00	
Performance & Payment Bond	1	LS	$48,000.00	$48,000.00	$51,500.00	$51,500.00	$43,200.00	$43,200.00	$57,860.00	$57,860.00	$26,186.10	$26,186.10	$50,000.00	$50,000.00	$40,300.00	$40,300.00	
Extended Warranty Bond	1	LS	$8,100.00	$8,100.00	$11,500.00	$11,500.00	$1,000.00	$1,000.00	$1.00	$1.00	$11,148.00	$11,148.00	$2,500.00	$2,500.00	$12,500.00	$12,500.00	
Street Lighting	1	LS	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	
Street Lighting Sub-Consultant Management	1	LS	$17,000.00	$17,000.00	$25,000.00	$25,000.00	$100.00	$100.00	$2,860.00	$2,860.00	$8,883.42	$8,883.42	$5,000.00	$5,000.00	$34,165.00	$34,165.00	

General Grand Total=	
$1,025,050.00	
$1,011,050.00	
$957,810.00	
$950,956.00	
$1,056,072.66	
$1,234,000.00	
$1,406,265.00	

8/12/2020-11:32 AM
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LAKEWOOD RANCH STEWARDSHIP DISTRICT

Resolution 2020-40

RESOLUTION 2020-40

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LAKEWOOD RANCH STEWARDSHIP DISTRICT REGARDING THE AWARD OF A CONSTRUCTION CONTRACT; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Lakewood Ranch Stewardship District (the “District”), is a local unit of special-purpose government established pursuant to Chapter 2005-338, Laws of Florida to plan, construct, install, acquire, finance, manage and operate public improvements and community facilities for lands within the District; and

WHEREAS, the District has solicited bids from prequalified contractors interested in providing construction services related to the Blue Lake Road project (the “Project”); and

WHEREAS, the District has received and evaluated bids from seven (7) prequalified contractors interested in providing those services; and

WHEREAS, Ryangolf Corporation submitted a responsive bid with the lowest bid amount (the “Contractor”); and

WHEREAS, in the best interest of the District, the Board desires to award a contract to the Contractor.

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

SECTION 1. All of the representations, findings and determinations contained within  the recitals stated above are recognized as true and accurate and are expressly incorporated into this Resolution.

SECTION 2. The bid submitted by the Contractor is the bid which best serves the interests of the District.

SECTION 3. The Contractor shall be awarded a contract for construction services for  the Project.

SECTION 4. The Chairman and District Staff are hereby authorized to give notice of this award to all bidders to the extent required by law and to proceed with the execution of a contract with the selected proposer.

SECTION 5. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 6. This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this 4th day of September, 2020.

ATTEST:	BOARD OF SUPERVISORS OF THE LAKEWOOD RANCH STEWARDSHIP DISTRICT

Secretary/Assistant Secretary	Rex Jensen, Chairman

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Altec Lakes and Natural Areas, Inc. (ALTEC) Proposal

September 1st, 2020

Garrett Hardy
Lakewood Ranch Stewardship District 14400 Covenant Way
Bradenton, FL 34202
Via Email: garrett.hardy@lakewoodranch.com

Subject:	Proposal of Services and Fees	LWRSD: Semiannual Palm Tree Trimming

Dear Mr. Hardy:

Pursuant to your request, Altec Lakes and Natural Areas, Inc. (ALTEC) respectfully provides the following proposal for the Lakewood Ranch Stewardship District’s biannual palm tree trimming . The following scope of work is based on information provided by the Lakewood Ranch Stewardship District.

1.0 Scope of Work 1.1 Semiannual Palm Tree Trimming
ALTEC will perform semiannual palm tree trimming within the area known as the Lakewood Ranch Stewardship District for a one (1) year period. Palm trees will be trimmed twice a year (May and December). This includes seed pods, dead and/or hanging fronds, and other material directly affecting the overall appearance of the palm.

Limitations to Scope of Work
Owner will assure vehicular access to all sites. A set schedule will be set for the semiannual palm tree trimmings.

2.0 Cost
Description	Quantity	Cost	
Palm tree trimming (twice per year @ $19.00 per palm per event	2759	$52,421.00	
Total Contract Cost:	$104,842.00	

3.0 Duration of Contract
Once initiated, the terms of this agreement shall remain in effect for a one (1) year period beginning September 1st, 2020 and ending August 31st, 2021 with the option to renew without further action by either party, and inclusive of a fee adjustment in accordance with the Consumer Price Index (CPI) published by the US Department of Labor, Bureau of Labor Statistics at the time of renewal.

Termination
Termination of this agreement shall be effective with 30 days prior written notice by either party or immediately by mutual agreement of both parties. However, termination of this agreement shall not be effective until all fees due are paid.

Thank you for this opportunity to be of service to you. We trust the information contained in this letter is consistent with your understanding. If this proposal is acceptable to you please sign below in the space provided and return to our office.

Sincerely,
Daniel Fernandez Owner

ACCEPTANCE AND AUTHORIZATION TO PROCEED

This Agreement gives no rights or benefits to anyone other than the Client and the Service Provider, and all duties and responsibilities undertaken pursuant to this Agreement will be for the sole benefit of the Client and the Service Provider. The Client shall not assign or transfer any rights under or interest in this Agreement, or any claim arising out of the performance of Services by Service Provider, without the written consent of the Service Provider.

This Proposal/Agreement is open for acceptance by the Client for a period of 30 days, after which it will be withdrawn by Altec Lake and Natural Areas and may be subject to renegotiation.

If this Proposal/Agreement satisfactorily sets forth Clients entire understanding of the agreement, please sign the enclosed copy of this agreement in the space provided and return it to Altec Lake and Natural Areas, as authorization to proceed with the work.

Client Authorization

I HEREBY AUTHORIZE the performance of the services as described herein and agree to pay the charges resulting thereby. I Warrant and represent that I am authorized to enter into this agreement. Accepted this 1st day of September 2020.

Consultant (Authorized Signature0	Owner (Authorized Signature)	Contractor (Authorized Signature)

Print Name	Date	Print Name	Date	Print Name	Date

13194 US Hwy 301 South, Ste. 310, Riverview FL 33578 Phone: 800-630-0619 Fax: 813-634-3900

Lakewood Ranch Stewardship District Palm Tree Inventory
Altec Bi-Annual Pruning Rate

Price/Palm	$   19.00

Sarasota Sector							
Lorrane Rd South of University			84			
Deer Dv					45			
LWR Blvd - Communications - LWR Monument	192			
TOTAL					321		$	6,099.00	

South East Sector							
University - East of Lorraine			150			
Master Ave				59			
Bourneside - South of SR70			34			
TOTAL					243		$	4,617.00	

North West Sector							
White Eagle Blvd							
	SR70 - Rangeland		152				
	Rangeland - Malachite		97				
	Malachite - 44		84				
	44 - SR64			211				
					544			
Silver Falls					28			
Malachite					157			
Rangeland								
	Lorraine - Bonito		62				
	Bonito - White Eagle		47				
	White Eagle - LWR Blvd	130				
					239			
44th								
	West LWR Blvd		38				

Lakewood Ranch Stewardship District Palm Tree Inventory
Altec Bi-Annual Pruning Rate

	LWR Blvd - White Eagle	103				
	White Eagle - Lorraine		119				
					260			
Woodfern					59			
LWR Blvd					164			
Gatewood					7			
117th					14			
Pope Rd					6			
Silver Palm				17			
TOTAL					1495		$	28,405.00	

North East Sector							
Uiline Road							
	SR70 - 44th		158				
	44th - SR 64						
					158			
44th								
	Lorraine - Uiline		85				
	Uiline - Bourneside						
					85			
Rangeland								
	Lorraine - Post		30				
	Post - Uiline		76				
	Uiline - Bourneside		107				
					213			
Post					57			
Bourneside							
	SR70 - Rangeland		8				
	Rangeland - 44th						
	44th - SR64						
					8			
TOTAL					521		$	9,899.00	

Lakewood Ranch Stewardship District Palm Tree Inventory
Altec Bi-Annual Pruning Rate

North West Sector Parks						
Silver Falls Park				38			
Patton Park				6			
Roger Hill Park				22			
Bob Gardner Park				113			
TOTAL					179		$	3,401.00	

TOTAL SUM	$ 52,421.00

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Agreement between the District and Sun State Landscape Management

Lorraine Rd. South (Extension)

AGREEMENT FOR LANDSCAPE AND IRRIGATION MAINTENANCE SERVICES BETWEEN LAKEWOOD RANCH STEWARDSHIP DISTRICT AND
 	SUN STATE LANDSCAPE MANAGEMENT, INC.	
THIS AGREEMENT (the “Agreement”) is made and entered into this 1st day of September 2020, by and between:

Lakewood Ranch Stewardship District, a local unit of special-purpose government located in Sarasota and Manatee Counties, Florida, and whose mailing address is 12051 Corporate Boulevard, Orlando, Florida 32817 (the “District”); and

 	Sun State Landscape Management	
 	8920 Erie Lane, Parrish, Florida, 34219	

RECITALS

WHEREAS, the District was established pursuant to Chapter 2005-338, Laws of Florida, as amended, for the purpose of planning, financing, constructing, operating and/or maintaining certain infrastructure improvements, including but not limited to, landscaping and irrigation improvements; and

WHEREAS, the District desires to retain an independent contractor to provide landscape and irrigation maintenance services to Lorraine Road South within an area of District known as the Sarasota Sector, the scope of which is as more particularly described in the attached Exhibit A, which is incorporated herein by this reference (the “Services”); and

WHEREAS, Contractor represents that it is qualified, willing and able to provide  landscape and irrigation maintenance services and desires to provide such services to the District; and

WHEREAS, the District and Contractor warrant and agree that they have all right, power and authority to enter into and be bound by this Agreement.

NOW, THEREFORE, in consideration of the recitals, agreements, and mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, the parties agree as follows:

SECTION 1. RECITALS. The recitals so stated are true  and  correct  and  by  this  reference are incorporated into and form a material part of this Agreement.

SECTION 2.	DESCRIPTION OF WORK AND SERVICES.

The duties, obligations, and responsibilities of the Contractor are to provide the services, labor and materials necessary for the provision of landscape and irrigation maintenance services within the District as described herein and in Exhibit A. Such lands on which Services shall be provided are as more particularly described and

shown on Composite Exhibit B, attached hereto and incorporated herein by reference.

This Agreement grants to Contractor the right to enter the lands that are subject to this Agreement, for those purposes described in this Agreement, and Contractor hereby agrees to comply with all applicable laws, rules, ordinances and regulations affecting the provision of the Services.

Contractor shall be solely responsible for the means, manner and methods by which its duties, obligations and responsibilities are met to the satisfaction of the District and in accordance with this Agreement. Contractor shall use industry best practices and procedures when carrying out the Services.

Pesticide applications shall be made by an individual licensed to perform pest control services in accordance with Chapter 487.011, Florida Statutes. Contractor shall provide proof of such licensure and certification to the District prior to commencement of the Services.

The Contractor shall report directly to the District’s Maintenance Manager who shall be Garrett Hardy. Contractor acknowledges and agrees that the District has the right to request that Contractor’s employees and/or subcontractors who do not behave in a professional manner, in the District’s sole determination, be removed from the Contractor’s landscape maintenance team(s) providing the Services to the District.

Contractor shall use all due care to protect the property of the District, its residents and landowners from damage and shall follow and be responsible for the Services set forth in Exhibit A on the property as provided in Composite Exhibit B. Contractor agrees to repair any damage resulting from Contractor’s activities and work within twenty-four (24) hours. This includes, but is not limited to, damage caused by Contractor to irrigation heads and lines, landscape, grasses or any other District or landowner properties or improvements.

In the event that the District notifies the Contractor that any of the Services performed by the Contractor pursuant to this Agreement are deemed to be inconsistent with the scope of services set forth in Exhibit A, Contractor shall have two (2) business days to correct minor deficiencies, and up to fifteen (15) business days, or another mutually agreed upon timeframe, to correct non-minor deficiencies. As it would be difficult to ascertain the exact amount of damages incurred by the District as a result of the Contractor’s failure to perform in accordance with the terms of the Agreement, in the event that the Contractor fails to timely remedy the deficiency(ies) as set forth herein, the District is entitled to reduce the current monthly payment to the Contractor by fifteen (15%) percent per day, as liquidated damages for non-performance (but not as a penalty), until such deficiencies are remedied.

In the event that time is lost due to heavy rains (“Rain Days”), the Contractor agrees to reschedule its employees and divide their time accordingly to complete all

scheduled services during the time during the same week as any Rain Days. The Contractor shall provide services on Saturdays if needed to make up Rain Days, but shall not provide services on Sundays.

SECTION 3.	COMPENSATION; TERM.

As compensation for the completion of the Services, the District agrees to pay the Seventy-Six Thousand Seventy Nine Dollars ($76,079.00) per year, which amount includes all tools, labor and materials necessary to complete the Services. The term  of this Agreement shall be from September 1st, 2020 through August 31st, 2021 unless terminated earlier in accordance with the terms of this Agreement or renewed for optional one (1) year renewals at the option of the parties hereto at the same price and terms as provided for herein.

If the District should desire additional work or services not provided in Exhibit A, or to add additional lands to be maintained not contained in Composite Exhibit B, the Contractor agrees to negotiate in good faith to undertake such additional work or services. Upon successful negotiations, the parties shall agree in writing to a work order, addendum, addenda, or change order to this Agreement as set forth in Section 4.

The District may require, as a condition precedent to making any payment to the Contractor that all subcontractors, material men, suppliers or laborers be paid and require evidence, in the form of Lien Releases or partial Waivers of Lien, to be submitted to the District by those subcontractors, material men, suppliers or laborers, and further require that the Contractor provide an Affidavit relating to the payment of said indebtedness. Further, the District shall have the right to require, as a condition precedent to making any payment, evidence from the Contractor, in a form satisfactory to the District, that any indebtedness of the Contractor, as to services to the District, has been paid and that the Contractor has met all of the obligations with regard to the withholding and payment of taxes, Social Security payments, Workmen’s Compensation, Unemployment Compensation contributions, and similar payroll deductions from the wages of employees.

The Contractor shall maintain records conforming to usual accounting practices. Further, the Contractor agrees to render an invoice to the District, in writing, which shall be delivered or mailed to the District by the fifth (5th) day of the next succeeding month. This invoice is due and payable within forty-five (45) days of receipt by the District, or in accordance with Florida’s Prompt Payment Act, whichever is sooner. The invoice shall include such supporting information as the District may reasonably require the Contractor to provide.

SECTION 4. CHANGE ORDERS. Contractor understands that the Services may be reduced, expanded or otherwise modified in scope. If any additional Services are proposed beyond those identified in this Agreement, Contractor shall perform them but only after receiving a written change order from the District. Contractor shall cooperate with and assist the District in

preparing and determining the scope of any change order. In the event the modification in services reflects a change to the scope of work as contained in Composite Exhibit B, Contractor’s compensation shall be adjusted for the added or deducted scope proposed by the change order in accordance with the unit prices established in the Agreement as set forth in Exhibit C. In the event the service is not represented by a lump sum or unit price set forth in  this Agreement, Contractor’s compensation shall be adjusted for the added or deducted services proposed by the change order as reasonably determined by the District in conference with the Contractor. All change orders shall be in the form attached hereto as Exhibit D.

SECTION 5.  WARRANTY AND COVENANT. The Contractor warrants to the District that  all materials furnished under this Agreement shall be new, and that all services and materials shall be of good quality, free from faults and defects. The Contractor hereby warrants any materials and Services for a period of one (1) year after acceptance by the District or longer as required under Florida law. With respect to any and all plant material provided pursuant to Section 2, all plant material shall be guaranteed to be in a satisfactory growing condition and to live for a period of one (1) year from planting except for annuals, which will be replaced seasonally. All plants that fail to survive under the guarantee shall be replaced as they fail with the same type and size as originally specified. Contractor further warrants to the District those warranties which Contractor otherwise warrants to others and the duration of such warranties is as provided by Florida law unless longer guarantees or warranties are provided for elsewhere in the Agreement (in which case the longer periods of time shall prevail). Contractor shall replace or repair warranted items to the District’s satisfaction and in the District’s discretion. Neither final acceptance of the Services, nor monthly or final payment therefore, nor any provision of the Agreement shall relieve Contractor of responsibility for defective or deficient materials or Services. If any of the Services or materials are found to be defective, deficient or not in accordance with the Agreement, Contractor shall correct remove and replace it promptly after receipt of a written notice from the District and correct and pay for any other damage resulting there from to District property or the property of landowners within the District. Contractor hereby certifies it is receiving the property in its as-is condition and has thoroughly inspected the property and addressed any present deficiencies, if any, with the District. Contractor shall be responsible for maintaining and warranting all plant material maintained by Contractor as of the first date of Services.

Contractor hereby covenants to the District that it shall perform the Services: (i) using its best skill and judgment and in accordance with generally accepted professional standards and (ii) in compliance with all applicable federal, state, county, municipal, building and zoning, land use, environmental, public safety, non-discrimination and disability accessibility laws, codes, ordinances, rules and regulations, including, without limitation, all professional registration (both corporate and individual) for all required basic disciplines that it shall perform. Contractor hereby covenants to the District that any work product of the Contractor shall not call for the use nor infringe any patent, trademark, services mark, copyright or other proprietary interest claimed or held by any person or business entity absent prior written consent from the District.

SECTION  6  INSURANCE.   Contractor shall, at its own expense, maintain insurance during the performance of its Services under this Agreement, with limits of liability not less than the following:

Workers Compensation	statutory

General Liability
Bodily Injury (including contractual)	$1,000,000/$2,000,000
Property Damage (including contractual)	$1,000,000/$2,000,000

Automobile Liability (if applicable)
Bodily Injury and Property Damage	$1,000,000
Contractor shall provide the District with a certificate naming the District, its officers, agents and employees as an additional insured prior to the commencement of the Services. At no time shall Contractor be without insurance in the above amounts. No policy may be canceled during the term of this Agreement without at least thirty (30) days written notice to the District. An insurance certificate evidencing compliance with this section shall be sent to the District prior to the commencement of any performance under this Agreement.

SECTION 7. INDEPENDENT CONTRACTOR.  It is understood and agreed that at all times the relationship of Contractor and its employees, agents, subcontractors or anyone directly or indirectly employed by Contractor to the District is the relationship of an independent contractor and not that of an employee, agent, joint venturer or partner of the District. Nothing in this Agreement shall be interpreted or construed as creating or establishing the relationship of employer and employee between the District and Contractor or any of its employees, agents, subcontractors or anyone directly or indirectly employed by Contractor. The parties acknowledge that Contractor is not an employee for state or federal tax purposes. Contractor shall hire and pay all of Contractor’s employees, agents, subcontractors or anyone directly or indirectly employed by Contractor, all of whom shall be employees of Contractor and not employees of District and at all times entirely under Contractor's supervision, direction and control.

In particular, District will not: i) Withhold FICA (Social Security) from Contractor's payments; ii) Make state or federal unemployment insurance contributions on Contractor's behalf; iii) Withhold state or federal income tax from payment to Contractor; iv) Make disability insurance contributions on behalf of Contractor; or v) Obtain workers’ compensation insurance on behalf of Contractor. Moreover, Contractor shall provide the District with a completed IRS W-9 form prior to the commencement of the Services.

SECTION   8.	COMPLIANCE   WITH   LAWS,   ORDINANCES   AND   REGULATIONS.	In
performing its obligations under this Agreement, Contractor and each of its employees, agents, subcontractors or anyone directly or indirectly employed by Contractor shall comply with all applicable laws, ordinances, rules, regulations, and orders of any public or governmental authority having appropriate jurisdiction, including all laws, regulations and rules relating to immigration and/or the status of foreign workers. Contractor shall initiate, maintain, and supervise all safety precautions and programs in connection with its obligations herein. Contractor shall ensure that all of Contractor’s employees, agents, subcontractors or anyone directly or indirectly employed by Contractor observe Contractor’s rules and regulations of safety and conduct. Contractor shall take all reasonable precautions for the safety of and shall provide all reasonable protection to prevent damage, injury or loss to all of its employees, agents and subcontractors performing its obligations herein and other persons who may be affected, and

any material, equipment and other property. Contractor shall remedy all damage or loss to any property caused in whole or in part by Contractor, its employees, agents, subcontractors or anyone directly or indirectly employed by Contractor, or by anyone for whose acts Contractor may be liable. Contractor shall indemnify District for all damage or losses it may incur or be exposed to because of Contractor or any of its employees, agents, subcontractors or anyone directly or indirectly employed by Contractor’s failure to comply with the provisions contained herein.

SECTION 9.	DEFAULT AND PROTECTION AGAINST THIRD PARTY INTERFERENCE. A
default by either party under this Agreement shall entitle the other to all remedies available at law or in equity, which may include, but not be limited to, the right of actual damages and/or specific performance. The District shall be solely responsible for enforcing its rights under this Agreement against any interfering third party. Nothing contained in this Agreement shall limit  or impair the District’s right to protect its rights from interference by a third party to this Agreement.

SECTION 10. ENFORCEMENT OF AGREEMENT.  In the event that either party is required to enforce this Agreement by court proceedings or otherwise, then the parties agree that the prevailing party shall be entitled to recover from the other all fees and costs incurred, including reasonable attorney’s fees and costs for trial, alternative dispute resolution, or appellate proceedings.

SECTION 11.  AMENDMENTS.  Amendments to and waivers of the provisions contained  in this Agreement may be made only by an instrument in writing which is executed by both the District and the Contractor.

SECTION 12. AUTHORIZATION. The execution of this Agreement has been duly authorized by the appropriate body or official of the District and the Contractor, both the District and the Contractor have complied with all the requirements of law, and both the District and the Contractor have full power and authority to comply with the terms and provisions of this instrument.

SECTION 13. NOTICES. All notices, requests, consents and other communications under this Agreement (“Notices”) shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or overnight delivery service, to the parties, as follows:

If to Contractor:	Sun State Landscape Management, Inc.
8920 Erie Lane
Parrish, FL 34219 Attn: Randal Hand

If to District:	Lakewood Ranch Stewardship District
12051 Corporate Boulevard
Orlando, Florida 32817 Attn: District Manager

With a copy to:	Hopping Green & Sams, P.A.
119 South Monroe Street, Suite 300 Post Office Box 6526
Tallahassee, Florida 32314 Attn: Jonathan T. Johnson

With a copy to:	Lakewood Ranch Stewardship District Operations
14400 Covenant Way Lakewood Ranch, FL 34202 Attn: Operations Manager

Except as otherwise provided in this Agreement, any Notice shall be deemed received only upon actual delivery at the address set forth above. Notices delivered after 5:00 p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non- business day, the Notice period shall be extended to the next succeeding business day.  Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for the District and counsel for the Contractor may deliver Notice on behalf of the District and the Contractor. Any party or other person to whom Notices are to be sent or copied may notify the other parties and addressees of any change in name or address to which Notices shall be sent by providing the same on five (5) days written notice to the parties and addressees set forth herein.

SECTION 14. ARM’S LENGTH TRANSACTION. This Agreement  has  been  negotiated fully between the District and the Contractor as an arm’s length transaction. Both parties participated fully in the preparation of this Agreement and received the advice of counsel. In the case of a dispute concerning the interpretation of any provision of this Agreement, both parties are deemed to have drafted, chosen, and selected the language, and the doubtful language will not be interpreted or construed against either the District or the Contractor.

SECTION 15. THIRD  PARTY  BENEFICIARIES.  This Agreement  is solely for the benefit of the District and the Contractor and no right or cause of action shall accrue upon or by reason, to or for the benefit of any third party not a formal party to this Agreement. Nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person or corporation other than the District and the Contractor any right, remedy, or claim under or by reason of this Agreement or any of the provisions or conditions of this Agreement; and all of the provisions, representations, covenants, and conditions contained in this Agreement shall inure to the sole benefit of and shall be binding upon the District and the Contractor and their respective representatives, successors, and assigns.

SECTION 16. ASSIGNMENT. Neither the District nor the Contractor may assign this Agreement or any monies to become due hereunder without the prior written approval of the other.

SECTION 17. APPLICABLE LAW AND VENUE. This Agreement and the provisions contained herein shall be construed, interpreted and controlled according to the laws of the State of Florida. Each party consents that the venue for any litigation arising out of or related to this Agreement shall be in Manatee County, Florida.

SECTION 18.	INDEMNIFICATION.

Contractor, its employees, agents and subcontractors shall defend, hold harmless and indemnify the District and its supervisors, officers, staff, employees, representatives and agents against any claims, damages, liabilities, losses and costs, including, but not limited to, reasonable attorneys’ fees, to the extent caused by the acts or omissions of Contractor, and other persons employed or utilized by Contractor in the performance of this Agreement or the Services performed hereunder up to the amount of One Million Dollars ($1,000,000.00). By executing this Agreement, Contractor agrees such indemnification amount bears a reasonable commercial relationship to the Agreement.

Obligations under this section shall include the payment of all settlements, judgments, damages, liquidated damages, penalties, forfeitures, back pay awards, court costs, arbitration and/or mediation costs, litigation expenses, attorney fees, paralegal fees and expert witness fees (incurred in court, out of court, on appeal, or in bankruptcy proceedings) as ordered.

SECTION 19.	LIMITATIONS	ON	GOVERNMENTAL	LIABILITY.	Nothing	in	this
Agreement shall be deemed as a waiver of immunity or limits of liability of the District beyond any statutory limited waiver of immunity or limits of liability which may have been adopted by the Florida Legislature in Section 768.28, Florida Statutes, or other statute, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which would otherwise be barred under the Doctrine of Sovereign Immunity or by operation of law.

SECTION 20. TERMINATION. The District agrees that the Contractor may terminate this Agreement for cause by providing thirty (30) days written notice of termination to the District; provided, however, that the District shall be provided a reasonable opportunity to cure any failure under this Agreement. The Contractor agrees that the District may terminate this Agreement immediately for cause by providing written notice of termination to the Contractor. The District shall provide thirty (30) days written notice of termination without cause. Upon any termination of this Agreement, the Contractor shall be entitled to payment for all Services rendered up until the effective termination of this Agreement, subject to whatever claims or off sets the District may have against the Contractor as the sole means of recovery for termination.

SECTION 21. OWNERSHIP OF DOCUMENTS. All rights in and title to all plans, drawings, specifications, ideas, concepts, designs, sketches, models, programs, software, creation, inventions, reports, or other tangible work product originally developed by Contractor pursuant to this Agreement shall be and remain the sole and exclusive property of the District when developed and shall be considered work for hire.

SECTION 22.  PUBLIC RECORDS.  Contractor understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, Contractor agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Contractor acknowledges that the designated public records custodian for the District is Jane Gaarlandt (“Public Records Custodian”). Among other requirements and to the extent applicable by law, the Contractor shall 1) keep and maintain public records required by the District to perform the service; 2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the contract term and following the contract term if the Contractor does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of the contract, transfer to the District, at no cost, all public records in Contractor’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by the Contractor, the Contractor shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.

IF THE CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE CONTRACTOR’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (407) 723-5900, GAARLANDTJ@PFM.COM, OR AT 12051 CORPORATE BOULEVARD, ORLANDO, FLORIDA 32817.

SECTION 23. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Agreement shall not affect the validity or enforceability of the remaining portions of this Agreement, or any part of this Agreement not held to be invalid or unenforceable.

SECTION 24. HEADINGS FOR CONVENIENCE ONLY. The descriptive headings in this Agreement are for convenience only and shall not control nor affect the meaning or construction of any of the provisions of this Agreement.

SECTION 25. ENTIRE AGREEMENT. This instrument shall constitute the final and complete expression of the agreement between the parties relating to the subject matter of this Agreement.

[Signatures on Next Page]

Lorraine Rd. South (Extension)

IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day and year first written above.

Attest:	Lakewood Ranch Stewardship District

Secretary	Chairman/Vice Chairman, Board of Supervisors

Witness:	 	Sun State Landscape Management, Inc.

By: 	

Signature of Witness

Print Name

Print Name: 	 Title:    	 

Exhibit A:	Description of Services
Composite Exhibit B:	Landscape Maintenance Scope Maps
Exhibit C:	Unit Pricing Scope Sheet
Exhibit D:	Form of Change Order

Lorraine Rd. South (Extension)

EXHIBIT A

Description of Services

Lakewood Ranch Stewardship District		Landscape & Irrigation Maintenance Agreement EXHIBIT A
Maintenance Specifications

Turf Maintenance

Mechanical: St. Augustine and Zoysia turfgrass shall be mowed weekly during the months of April through October and bi-weekly during the months of November through March; a minimum of 40 times per year. Bahia turfgrass shall be mowed according to seasonal needs and at frequencies necessary to sustain vigor and other desired conditions; a minimum of 25 times per year. All turf shall be maintained with rotary mower. Mower blades shall be sharp at all times to provide a quality cut. Mowing heights shall be 4” for Bahia, 3-3.5” for St. Augustine and 2-2.5” for Zoysia. Mulched areas and bodies of water must not be contaminated with turf clippings. If this occurs, the clippings must be removed.

All edging shall be accomplished using a metal blade edger. Sidewalks, curbs, pavement and other hard surfaces bordered by turf shall be edged at each mowing event. Landscaped beds and tree rings shall be edged at frequencies necessary to preserve a clean, defined appearance and to maintain shape and size.

Line trimmers shall be used at each mowing event to preserve a uniform turf appearance around fences, irrigation valve boxes and any other area not accessible to mowers. Turf around sprinkler heads will be mechanically removed so as to not interfere with or intercept water output.

All areas shall be kept free of debris and litter at all times.

Fertilization: Turf shall be fertilized at intervals necessary to promote and sustain desired conditions. Complete fertilizers shall be granular in composition and contain 30% to 50% or more of the nitrogen in a slow or controlled-release form. While nitrogen fertilization is based on the desired growth rate and type of turf grass being grown, the phosphorus fertilization rate should be based on the analysis of a turf soil sample and the recommendations obtained from it. The fertilizer shall also contain magnesium and micro-nutrients (i.e. manganese, iron, zinc, copper, etc.) Iron shall be in the sulfate, sucrate or chelated form. Fertilizer will be blown or swept off of sidewalks and other paved surfaces. Specific fertilizer formulation shall vary depending on type of turfgrass and based on soil analysis provided by Contractor. Fertilizer applications shall comply with all applicable laws and regulations, including local ordinances imposing seasonal restrictions.

Pest Control: Turf shall be inspected at each visit for indications of problems and methods of Integrated Pest Management (IPM) shall be utilized to prevent or mitigate damage caused by insects and disease.

Pesticide applications will be made by in accordance with the laws and regulations governing use of pesticides in Florida.

Accent Trees, Palms, Shrubs, Ground Covers Maintenance

Mechanical/Manual: ALL PRUNING TOOLS MUST BE CLEANED PRIOR TO USE ON STEWARDSHIP DISTRICT PROPERTIES. Shrubs and ornamental trees will be pruned as specified by District and to provide the desired shape, fullness and blooms. Pruning shall include removal of dead or diseased shrubs and ground covers. Pruning of palms under 12’ in height C.T. will be done as necessary to remove brown fronds, seed heads and hanging boots and any time they appear to maintain the palms looking their best. No pruning will be done during or immediately following growth flushes, branches will be pruned just outside the branch collar. Sucker growth will be removed by hand from the base of trees. No herbicides will be used for this purpose. Pruning of canopy trees shall be undertaken as necessary to maintain a minimum of 8’ clearance of the canopy as measured

Lakewood Ranch Stewardship District		Landscape & Irrigation Maintenance Agreement EXHIBIT A
from the ground. Contractor will remove and dispose of all biomass generated by pruning activities.

Fertilization: Shrubs, trees and ground covers shall be fertilized three times per year. Two of the annual applications are normally scheduled around February and October. A third application can be made during the summer. Rate will be 1 pound of nitrogen per 1,000 square feet per application.

Mature palms in the landscape shall be fertilized four times per year at the rate of 5 to 8 lbs. each application. Palms under 8 feet tall will receive 2-5 lbs. per application four times per year.

Fertilizers should contain equal amounts of nitrogen and potassium and 30% or more of both elements should be available in slow-release from. The fertilizer should also contain magnesium and a complete micronutrient amendment. The fertilizer analysis shall be similar to 8-2-8, 15-5-15, 14-3-14, 12-2-14, etc.

Established shrubs and trees in turf areas exposed to turf fertilizations will be fertilized on an as- needed basis to ensure plants maintain a healthy look. Fertilizer applied to shrubs and trees planted in beds shall be broadcasted over the entire plant bed. Nutrient deficiencies shall be treated with supplemental applications of the specific lacking nutrient according to University of Florida Cooperative Extension recommendations.

The specifications above shall be modified as necessary to comply with applicable laws and regulations.

Pest and Weed Control: Contractor shall practice Integrated Pest Management (IPM) in compliance with applicable laws and regulations to control insects, diseases and weeds on and around perennials, ground covers, shrubs, vines and trees. This will include frequent monitoring and spot treatment as necessary using the least toxic methods. All applications will be performed when temperatures are below 90 degrees F and when wind drift is negligible. First choice will be insecticidal soaps, horticultural oils and biological controls such as Bacillus thuringiensis (Br). Weeds in beds or mulched areas will usually be removed mechanically or be hand. Herbicides will be employed for heavy weed infestations.

Annuals Maintenance

Annual Flowers: Replacement of existing annuals will be done 4 times per year at a per-plant cost not included within the Agreement price. Renovation of annual beds with soil amendments shall be accomplished once per year in early March at no additional cost.

Replacement of dead or injured plants due to pests or Contractor negligence will be done without cost to District. Annuals and perennial bedding plants shall be fertilized at installation with time- release fertilizer. Supplemental fertilization with liquid 20-20-20 or comparable shall also be applied as necessary to promote color and vigor. Hand-pulled weed control will be performed during every maintenance service to ensure all areas are maintained weed-free. No herbicides are to be used on or near the annual beds.

Edging and trimming along the beds will be done to maintain the original straight line or smooth curve.

Lakewood Ranch Stewardship District		Landscape & Irrigation Maintenance Agreement EXHIBIT A
Irrigation Systems Maintenance

Irrigation Systems: Contractor shall inspect and test all components of the irrigation system for functionality on a routine monthly schedule. The monthly test shall include:

Verifying functionality of decoders and solenoid valves from the controller
Ensuring proper coverage of rotor and spray heads and maxi-jet emitters to maximize effectiveness and minimize over spray upon roads, sidewalks, etc.
Replacement of clogged emitters and spray nozzles
Identifying breaks or leaks in lateral lines
Clearing turfgrass, etc. from valve and control boxes
Identifying broken, non-functioning or missing rotors, spray heads and maxi jets
Verify functionality of rain sensors, soil moisture sensors and other automatic shut-off devices

Contractor shall take appropriate action as necessary to maintain the irrigation systems in accordance with the above; compensable at a time and materials basis. Repairs due to damage caused by Contractor’s maintenance activities will be made by Contractor at no expense to District.

Contractor shall be responsible for controller programming including seasonal adjustments, specific need adjustments, accommodating new plant material and otherwise as necessary to ensure adequate irrigation is applied.

Central Control: Contractor must communicate all changes made to controller programming, for approval & to prevent them from being deleted by periodic synchronization.

Optional Services

Thatch Control: Thatch removal is not included the basic contract charges. Removal of thatch (a spongy build-up of dead and living grass shoots, stems and roots) should be considered when thatch thickness exceeds one inch. The best time for thatch removal is March through August when the turf is rapidly growing. Verti-cutting, using a vertical mover is the recommended method of mechanically removing thatch from Zoysia lawns. Blade spacing shall be 1-2” for Zoysia grass.

Mulching: Re-mulching of planting beds shall be by the request of District and charged separately.

Palm and Canopy Tree Pruning: Pruning of palm trees in excess of 12’ C.T. shall be by the request of the District and charged separately. Structural pruning of canopy trees shall be by the request of District and be performed by an ISA Certified Arborist.

Other Services: Other compensable services outside of the Agreement Scope including, but not limited to:
Major clean-up due to storms, vandalism or otherwise
Hand watering
Fire Ant control

Lorraine Rd. South (Extension)

COMPOSITE EXHIBIT B

Landscape Maintenance Scope Maps

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2,283 sf

100 ft

160 ft

3,228 sf

   JUP 

35 ft

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2,126 sf

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QV

QV

QV

QV

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2,380 sf

EXISTING TREES TO REMAIN

LORRAINE ROAD

EXISTING TREES TO REMAIN

15 ft

LA1
6 JUP 30

SPB 22

JUP 31

MATCH LINE

EXISTING TREES TO BE REMOVED

1,392 sf

GHARD
2020-08-25 10:13:41
--------------------------------------------
1,412 sf

LP-101a

35 ft

35 ft

LA1 12

JUP 31

SPB 23

JUP 30

 	PS	
   ICB 4

JUP	 MG	JUP 11

   LA1 
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QV

QV

QV

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   QV

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20 ft

116	117

118	119

120	121

1	17283

124

120	1

114	5

QV

QV

QV

MG

LI

LI

LI

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112	113 JUP 

LI

LI

LI

MG

QV

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EXISTING TREES TO REMAIN

131

EXISTING TREES TO REMAIN

LORRAINE ROAD

EXISTING TREES TO REMAIN

TRI 62

MATCH LINE

   JUP 
31 LA1 
6

   SPB 23

   JUP 30

EXISTING TREES TO BE REMOVED

GHARD
2020-08-25 10:27:07
--------------------------------------------
14,911 sf

GHARD
2020-08-27 06:11:24
--------------------------------------------
15,885 sf

LP-101b

40 ft

Match Line

JUP 33

LA1 12

SPB 19

JUP 32

QV

124

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125 1

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QV

QV

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QV

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126	127	128	129	130

JUP 32
 	131	132	

SPB 19

JUP 32

MATCH LINE

EXISTING TREES TO BE REMOVED

LORRAINE ROAD

EXISTING TREES TO REMAIN

JUP 18

SPB 11

JUP 19

JUP 19

QV

MG

SPB 11

JUP 20

23 ft

LA1 6

JUP 32

SPB 19

JUP 32

 		LA1

23 ft

6 JUP 32

SPB
19 JUP 32

LP-102a

MG	JUP
1	78

ICB
11	TRI
62

PS	MG
5	ICB 1

23 ft

EXISTING TREES TO BE REMOVED

LORRAINE ROAD

EXISTING TREES TO REMAIN

GHARD
2020-08-25 07:49:36
--------------------------------------------
2,465 sf

GHARD
2020-08-25 07:49:36
--------------------------------------------
12,451 sf

GHARD
2020-08-25 08:45:22
--------------------------------------------
6,794 sf

GHARD
2020-08-25 08:43:22
--------------------------------------------
4,083 sf

GHARD
2020-08-25 08:45:45
--------------------------------------------
19,114 sf

GHARD
2020-08-25 08:42:42
--------------------------------------------
12,077 sf

LP-102b

MG
1   ICB 12

PS

30 sf

5   TRI 69

ICB 17

JUP	MG	QV
76	1	1

EXISTING TREES TO REMAIN

JUP 35

30 sf

30 sf

30 sf

30 sf

30 sf

JUP 35

LA1 12

30 sf

30 sf

30 sf

30 sf

30 sf

30 sf

30 sf

30 sf

30 sf

30 sf

30 sf

30 sf

30 sf

30 sf

2,005 sf

SPB
24

SPB
23 JUP 32

30 sf

30 sf

30 sf

30 sf

30 sf

30 sf

30 sf

DIV 111

JUP 32

30 sf

1,486 sf

EXISTING TREES TO BE REMOVED

LORRAINE ROAD

JUP 20

SPB 13

JUP 18

LA1 4

JUP
32 LA1
6	SPB
22

JUP 29

LP-103a

ZAF 3

LI

JUP 92

JUP 92

QV

QV

QV

ZAF 3

LI

LA1 5

DIV 143

30 ft

JUP 18

161

LI

SPB 13

JUP 20

EXISTING TREES TO REMAIN

QV

MG

GHARD
2020-08-05 09:20:45
--------------------------------------------
668 sf

LORRAINE ROAD

QV

QV

  QV

163	164

EXISTING TREES TO REMAIN

QV

QV

QV

QV

166	167

LI

LI

JUP
29 LA1 6

SPB 22

JUP 32

GHARD
2020-08-20 05:32:24
--------------------------------------------
5,887 sf

LP-103b

FINAL TREE STAKING DETAILS AND PLACEMENT TO BE
APPROVED BY THE OWNER OR REPRESENTATIVE.

PRUNE AND TIE FRONDS WITH HEMP TWINE. (WASHINGTONIA PALMS REMOVE PER SPECS, HURRICANE CUT SABAL PALM)

CONTRACTOR SHALL ASSURE
PERCOLATION OF ALL PLANTING PITS PRIOR TO INSTALLATION.

 NOTES:
SABAL PALMS W/ BOOTS REMOVED

SEE PLANS AND SPECS. FOR PALMS W/ BOOTS TO REMAIN ON TRUNK.
FINAL TREE STAKING DETAILS AND PLACEMENT TO BE APPROVED BY LANDSCAPE ARCHITECT.

CONTRACTOR SHALL ASSURE PERCOLATION OF ALL PLANTING PITS PRIOR TO

12" MIN.

NUT

2

41"

FIVE LAYERS OF BURLAP TO PROTECT TRUNK.

TWO STEEL BANDS TO SECURE BATTONS.
SIX - 2" x 4" x 8"L WOOD BATTONS @ 60D

4" x 4" WOOD BRACES. NAIL TO BATTONS AND FLAG AT MIDPOINT USE 3 @ 120D

3" MULCH AS SPECIFIED MIN.
2'-0" FROM TRUNK
BERM SOIL TO HOLD WATER

2" x 4" x 18"L WOOD STAKES.

MULCH CONTINUES -
SHRUB BED CONDITION

18" MIN.

2" NYLON STRAPPING

(3) 2"X2"X8' STAKES

MULCH TO BE KEPT 2" FROM BASE OF TRUNK

3" MULCH AS SPECIFIED

FINISHED GRADE - SOD CONDITION (SEE GRADING PLAN)

BERM SOIL TO HOLD WATER

B&B OR  CONTAINERIZED (SEE SPECIFICATIONS FOR ROOT BALL REQUIREMENTS).

PREPARED PLANTING SOIL AS SPECIFIED

 NOTE:
FINAL TREE STAKING DETAILS AND PLACEMENT TO BE
APPROVED BY THE OWNER OR REPRESENTATIVE.

CONTRACTOR  SHALL ASSURE

C.T. CLEAR TRUNK

PERCOLATION OF ALL PLANTING PITS PRIOR TO INSTALLATION.

DO NOT PRUNE FROND LENGTHS. REMOVE ONLY DEAD FRONDS.

TIE FRONDS WITH HEMP  TWINE. DO NOT CUT HEAD OPEN WITHOUT
LANDSCAPE ARCHITECT APPROVAL.

SPRAY BUD WITH APPROVED PRODUCTS PER SCHEDULE (SEE SPECIFICATIONS).
TRUNKS TO BE FREE OF DAMAGE  (IE. CHAIN MARKS, BURNS, GOUGES, ETC.) AND HAVE UNIFORM TAPER.

FIVE LAYERS OF BURLAP TO PROTECT TRUNK.
FOUR STEEL BANDS TO SECURE BATTONS.
SIX 2" X 4" X 18" WOOD BATTONS @ 60 .
4" X 4" WOOD BRACES.

4

SCALE:nts

INSTALLATION.

MIN

FINISH GRADE

 Multi-Trunk Tree	

CLEAR WOOD (C.W.)

3'-0" MIN.

NAIL TO BATTONS AND FLAG
AT MIDPOINT.

3" MIN. MULCH - SEE SPECIFICATIONS

PREPARED PLANTING SOIL AS SPECIFIED.

SOIL BERM TO HOLD WATER.

6"

FINISHED GRADE

 Cabbage Palm	

  1   SCALE: nts	

120

FINAL TREE STAKING DETAILS

ROOTBALL SIZE, SEE SPECIFICATIONS

1'-0"

             	FOR MINIMUM DIMENSIONS PER PALM HEIGHTS.
PREPARED PLANTING SOIL AS SPECIFIED.

AND PLACEMENT TO BE
APPROVED BY THE OWNER

 Date Palm	

PLAN

120

120

OR REPRESENTATIVE.

CONTRACTOR  SHALL ASSURE
PERCOLATION OF ALL PLANTING PITS PRIOR TO INSTALLATION.

7   SCALE: nts	

 NOTE:
CONTRACTOR SHALL ASSURE PERCOLATION OF ALL
PLANTING PITS/BEDS PRIOR TO INSTALLATION.

 NOTE: PLANT MATERIAL SHALL BE PLANTED 2" HIGH WITH
SOIL MOUNDING UP TO THE TOP OF ROOT BALL.

3" MINIMUM OF MULCH
BERM SOIL TO HOLD WATER MINIMUM DEPTH OF 12"
PLANTING SOIL FOR GROUNDCOVER BED.

EXCAVATE ENTIRE BED
SPECIFIED FOR GROUND- COVER BED.

2" NYLON STRAPPING-
WRAPPED 360 D AROUND TRUNK BEFORE TYING-
WRAP @ LATERAL BRANCH @ MINIMUM 4'-6' HT.

MULCH TO BE KEPT 2" FROM BASE OF TRUNK

3" MULCH AS SPECIFIED BERM SOIL TO HOLD
WATER

2" X 4" X 3' STAKES
BURIED 3" BELOW FINISHED GRADE.

  

FINISHED GRADE (SEE GRADING PLAN)

3" MIN.

FINISHED GRADE - SOD CONDITION
(SEE GRADING PLAN)

4" MIN.

6" TYP.

4" MIN.

PREPARED PLANTING SOIL AS SPECIFIED. NOTE: WHEN
GROUNDCOVERS AND SHRUBS USED IN MASSES, ENTIRE BED TO BE EXCAVATED TO RECEIVE PLANTING SOIL AND PLANT MATERIAL - EXCEPT WHEN
SPECIFIED.

ROOT BARRIER (WHEN LESS THAN
6' FT FROM SIDEWALK
OR SIDEWALK IS LESS THAN 5" THICK)

B&B OR CONTAINER (SEE SPECIFICATIONS FOR ROOT BALL REQUIREMENTS).

PREPARED PLANTING SOIL AS SPECIFIED.

 Shrub and Groundcover Planting Detail	

 Canopy Tree Planting Detail	

2   SCALE: nts	

5   SCALE: nts	

 NOTE:
FINAL TREE STAKING DETAILS AND PLACEMENT TO BE
APPROVED BY THE OWNER OR REPRESENTATIVE.

CONTRACTOR  SHALL ASSURE
PERCOLATION OF ALL PLANTING PITS PRIOR TO INSTALLATION.

PROTECT TREE TRUNK
WITH BLACK RUBBER HOSE. #10 GAUGE WIRE

TWO 2" X 4" X 6' STAKES PAINTED BROWN.

3" MIN. SPECIFIED MULCH.

(SETBACK FOR SHRUBS PLANTED 30" O.C. OR
GREATER)
AND ANNUALS) (SETBACK FOR GROUNDCOVER

18" MIN.

PROVIDE MIN. 18" SPACING BETWEEN DIFFERENT
PLANT TYPES.
 NOTE:

ALL SHRUBS AND GROUNDCOVER MASSES TO USE TRIANGULAR SPACING EXCEPT

18"
12"

WHERE NOTED REFER TO PLANT LIST FOR INDIVIDUAL PLANT SPACING 'X'.

CURB OR EDGE OF PAVEMENT.

6"

1'-0" MIN.

BERM SOIL TO HOLD WATER FINISHED GRADE
(SEE GRADING PLAN)

B&B OR  CONTAINERIZED (SEE SPECIFICATIONS FOR ROOT BALL REQUIREMENTS).
PREPARED PLANTING SOIL AS SPECIFIED

 Groundcover Spacing Plan Detail	

  3   SCALE: nts	

 Bald Cypress Tree	

  6   SCALE: nts	

L A N D S C A P E	N O T E S

CONTRACTOR SHALL FIELD VERIFY ALL INFORMATION PRIOR TO INITIATING PLANTING INSTALLATION.

CONTRACTOR SHALL NOTIFY ALL PERTINENT UTILITY COMPANIES 48 HOURS MINIMUM PRIOR TO DIGGING FOR
VERIFICATION OF ALL UNDERGROUND UTILITIES. PLANS ARE PREPARED ACCORDING TO THE BEST INFORMATION AVAILABLE AT THE TIME OF PREPARING THESE DOCUMENTS.

THE CONTRACTOR SHALL BECOME COMPLETELY FAMILIAR WITH EXISTING SITE CONDITIONS PRIOR TO BEGINNING
INSTALLATION. ALL EXISTING SITE IMPROVEMENTS, PAVING, LANDSCAPE, LIGHTING, AND OTHER SITE ELEMENTS TO REMAIN SHALL BE PROTECTED FROM DAMAGE UNLESS OTHERWISE NOTED.

UNLESS OTHERWISE NOTED, THE LIMITS OF CONSTRUCTION ARE THE CLEARING LIMITS NOTED ON THE PLANS.

THE CONTRACTOR SHALL REPORT ANY DISCREPANCIES BETWEEN THE CONSTRUCTION DRAWINGS AND ACTUAL FIELD CONDITIONS TO THE OWNER'S REPRESENTATIVE IMMEDIATELY.

THE CONTRACTOR SHALL COORDINATE ALL WORK WITH RELATED CONTRACTORS AND WITH THE GENERAL CONSTRUCTION OF THE PROJECT IN ORDER TO NOT IMPEDE THE PROGRESS OF WORK OF OTHERS OR THE CONTRACTOR'S OWN WORK.

CONTRACTOR SHALL BE RESPONSIBLE TO REMOVE ALL EXISTING GROUND COVERS FOR ALL NEW PLANTING BEDS BY APPROVED MEANS PRIOR TO PLANTING INSTALLATION. CONTRACTOR SHALL BE RESPONSIBLE TO REPLACE ALL
PORTIONS OF EXISTING PLANTING OR LAWN AREAS INDICATED TO REMAIN WHILE COMPLETING NEW PLANTING
INSTALLATION WORK WITH SAME KIND OF PLANTS OR GRASS TO THE SATISFACTION OF THE OWNER AT NO ADDITIONAL COST.

THE CONTRACTOR SHALL BEAR ALL COST ASSOCIATED WITH SOIL TESTING AND SOIL AMENDMENTS AS REQUIRED AS A RESULT OF THE SOIL TESTING LABORATORY'S RECOMMENDATIONS. PRIOR TO INITIATING INSTALLATION THE CONTRACTOR SHALL PROVIDE SOIL TEST FOR AT LEAST TWO ON-SITE LOCATIONS.

ALL PLANT CONTAINER SIZES NOTED ON THE PLANT LIST/MATERIAL SCHEDULE ARE MINIMUM. INCREASE SIZE OF CONTAINERS IF NECESSARY TO CONFORM TO THE PLANT SIZE AND SPECIFICATIONS.

EROSION CONTROL FABRIC SHALL BE INSTALLED IN ALL SHRUB AND GROUND COVER PLANTING AREAS AS PER THE DETAILS AND/OR SPECIFICATIONS FOR ALL SLOPES THAT ARE GREATER THAN 3:1 (SLOPES 1' VERTICAL FOR EVERY 3' HORIZONTAL). SEE CIVIL ENGINEERING PLANS FOR LOCATIONS WHERE SLOPES ARE GREATER THAN 3:1.

SHRUB AND GROUND COVER PLANTINGS ARE TYPICALLY SHOWN ON THE PLANS IN MASS PLANTING BEDS. PLANTS SHALL BE SET IN A TRIANGULAR SPACING PATTERN ( STAGGERED SPACING). PLANT CENTER TO CENTER DIMENSIONS (O.C.) ARE INDICATED IN THE PLANT LIST.

LANDSCAPE CONTRACTOR SHALL FIELD ADJUST THE LOCATION OF PLANT MATERIAL AS NECESSARY TO AVOID DAMAGE TO EXISTING TREES AND UNDERSTORY VEGETATION TO REMAIN, UNDERGROUND AND ABOVE GROUND UTILITIES AND
ALL OTHER ABOVE GROUND ELEMENTS. ALL CHANGES REQUIRED SHALL BE COORDINATED WITH THE OWNER'S REPRESENTATIVE AND THE LANDSCAPE ARCHITECT PRIOR TO INITIATING ANY CHANGES.

WHEN NECESSARY, PLANTING WITHIN THE DRIPLINE/CANOPY OF EXISTING TREES SHOULD BE DONE IN THE MOST
SENSITIVE MANNER POSSIBLE IN ORDER TO AVOID ROOT DAMAGE. ALL NEW PLANTINGS WITHIN THE DRIPLINE/CANOPY SHOULD BE HAND-DUG AND FIELD ADJUSTED TO AVOID ROOTS AS NECESSARY.

ANY SUBSTITUTIONS TO PLANT MATERIAL SIZE OR TYPE MUST BE APPROVED BY THE LANDSCAPE ARCHITECT PRIOR TO INSTALLATION. LANDSCAPE CONTRACTOR SHALL NOT MAKE ANY SUBSTITUTIONS OR ALTERATIONS TO THE LANDSCAPE PLANTING PLANS OR PLANT LIST & MATERIALS WITHOUT THE PRIOR APPROVAL OF THE LANDSCAPE ARCHITECT AND
OWNER'S REPRESENTATIVE. ANY LANDSCAPE PLANTING INSTALLED THAT DOES NOT CONFORM TO THE PLANS, PLANT LIST AND SPECIFICATIONS SHALL BE REPLACED IMMEDIATELY TO THE SATISFACTION OF THE OWNER'S REPRESENTATIVE AND LANDSCAPE ARCHITECT.

CONTRACTOR SHALL BE RESPONSIBLE FOR WATERING AS REQUIRED TO MAINTAIN AND ESTABLISH ALL PLANTING (NEW, EXISTING TO BE RELOCATED, AND EXISTING PLANTINGS TO REMAIN WHILE IRRIGATION SYSTEM IS BEING INSTALLED OR REPAIRED) TO SUPPLEMENT IRRIGATION AND RAINFALL. THE IRRIGATION SYSTEM IS DESIGNED TO MAINTAIN THE LANDSCAPE PLANTINGS AND NOT ESTABLISH THEM. THE CONTRACTOR IS RESPONSIBLE FOR WATERING IN ALL
PLANTING AREAS, REGARDLESS OF THE STATUS OF EXISTING OR PROPOSED IRRIGATION SYSTEMS.

CONTRACTOR IS RESPONSIBLE FOR MAINTAINING, IN FULL, ALL PLANTING AREAS (INCLUDING WATERING, SPRAYING, MULCHING, MOWING, FERTILIZING, AND WEEDING, ETC.) UNTIL THE JOB IS ACCEPTED.

CONTRACTOR SHALL ASSURE DRAINAGE AND PERCOLATION OF ALL PLANTING PITS PRIOR TO INSTALLATION OF PLANT MATERIAL. CORRECT IF REQUIRED TO ASSURE PERCOLATION. CONTRACTOR IS RESPONSIBLE FOR REPLACEMENT OF ALL PLANTS LOST DUE TO INADEQUATE DRAINAGE CONDITIONS.

CONTRACTOR SHALL CLEAN THE WORK AREAS AT THE END OF EACH WORKING DAY. LANDSCAPE RUBBISH AND DEBRIS SHALL BE COLLECTED AND DEPOSITED OR RECYCLED OFF-SITE DAILY. ALL MATERIALS, PRODUCTS, AND EQUIPMENT
STORED ON-SITE SHALL BE KEPT IN AN ORGANIZED MANNER DAILY.

CONTRACTOR SHALL RE-GRADE ALL AREAS DISTURBED BY PLANT REMOVAL, RELOCATION, AND/OR FROM INSTALLATION WORK. THE CONTRACTOR SHALL REPLACE BY EQUAL SIZE AND QUALITY ANY AND ALL EXISTING PLANT MATERIAL DISTURBED OR DAMAGED BY PLANTING REMOVAL, RELOCATION, AND/OR INSTALLATION.

EXISTING TREES OR OTHER PLANT MATERIAL INDICATED ON THE PLANS TO BE RELOCATED SHALL BE HANDLED, CARED FOR, AND MAINTAINED AS NEW PLANTINGS. THE CONTRACTOR IS RESPONSIBLE FOR ANY REQUIRED ROOT PRUNING, WRAPPING, TREE SPADING OR BALL AND BURLAPPING, ADDITIONAL SUPPLEMENTAL HAND WATERING, IRRIGATION MISTERS INSTALLED AT THE TREE CANOPY, OR ANY OTHER SOUND HORTICULTURAL PRACTICE REQUIRED TO ENSURE THE SURVIVAL OF ALL RELOCATED PLANT MATERIAL.

THE CONTRACTOR SHALL REFER TO THE LANDSCAPE PLANTING DETAILS, SPECIFICATIONS, PLANT LIST AND PLANS FOR FURTHER AND COMPLETE PLANTING INSTALLATION INSTRUCTIONS.

LANDSCAPE CONTRACTOR SHALL FULLY FAMILIARIZE HIMSELF / HERSELF WITH THE PROJECT PRIOR TO BIDDING THE WORK.

FOR SITE GRADING AND CONTOUR INFORMATION, EXISTING VEGETATION TO REMAIN, BUILDINGS AND OTHER SITE
FEATURE LOCATIONS AND THE LOCATION OF ALL ABOVE AND BELOW GROUND UTILITIES SEE THE MOST CURRENT AND UP TO DATE ARCHITECTURAL, CIVIL, ELECTRICAL, STRUCTURAL AND MECHANICAL ENGINEERING DRAWINGS AS
PROVIDED BY THE OWNER OR OWNER'S REPRESENTATIVE. FIELD LOCATE ALL UNDERGROUND UTILITIES, EXISTING
VEGETATION TO REMAIN AND ANY OTHER OBSTRUCTIONS AND COORDINATE WITH OWNER'S REPRESENTATIVE PRIOR TO INITIATING ANY LANDSCAPE PLANTING OR IRRIGATION INSTALLATION WORK. LANDSCAPE CONTRACTOR SHALL BE RESPONSIBLE FOR REPAIRING OR REPLACING ANY DAMAGE COMMITTED TO EXISTING OR PROPOSED ELEMENTS ABOVE OR BELOW GROUND TO ITS ORIGINAL CONDITION AND TO THE SATISFACTION OF THE OWNER AND OWNER'S REPRESENTATIVE.

LANDSCAPE CONTRACTOR SHALL FIELD STAKE THE LOCATION OF ALL PLANT MATERIAL AND EDGES OF PLANTING BEDS FOR THE REVIEW AND APPROVAL BY THE LANDSCAPE ARCHITECT PRIOR TO INITIATING ANY INSTALLATION OF THE LANDSCAPE PLANTINGS.

LANDSCAPE CONTRACTOR SHALL COORDINATE WORK WITH THE IRRIGATION CONTRACTOR AND ALL OTHER TRADES AS REQUIRED.

THE CONTRACTOR SHALL REQUEST INSPECTION OF THE PROJECT IN WRITING. IF ALL WORK IS SATISFACTORY AND COMPLETE IN ACCORDANCE WITH CONDITIONS OF CONTRACT DOCUMENTS, THEN THE OWNER AND LANDSCAPE
ARCHITECT SHALL DECLARE THE WORK SUBSTANTIALLY COMPLETE. THE CONTRACTOR IS TO REPLACE REJECTED PLANT MATERIAL WITHIN ONE (1) WEEK OF NOTICE.

GUYING/STAKING PRACTICES SHALL NOT PERMIT NAILS, SCREWS, WIRES, ETC., TO PENETRATE OUTER SURFACE OF THE TREE OR PALM. PLANT MATERIAL REJECTED DUE TO THIS PRACTICE SHALL BE REPLACED AT THE CONTRACTORS
EXPENSE. REMOVAL OF ALL STAKING AND GUYING OF TREES AND PALMS AFTER FINAL ACCEPTANCE SHALL BE THE RESPONSIBILITY OF THE OWNER.

ALL PLANT MATERIAL SHALL BE FLORIDA NO.1 OR BETTER AT TIME OF INSTALLATION AND SHALL BE MAINTAINED IN THIS SAME CONDITION UNTIL FINAL ACCEPTANCE. THE CONTRACTOR GUARANTEES THE PLANT MATERIAL FOR A PERIOD OF ONE (1) YEAR FOLLOWING DATE OF SUBSTANTIAL COMPLETION.

ALL PLANTS MUST BE HEALTHY, VIGOROUS MATERIAL, FREE OF PESTS AND DISEASE. ALL PLANT MATERIAL SHALL BE IN FULL AND STRICT ACCORDANCE TO FLORIDA NO.1 GRADE, ACCORDING TO THE GRADES AND STANDARDS FOR NURSERY PLANTS, PUBLISHED BY THE FLORIDA DEPARTMENT OF AGRICULTURE AND CONSUMER SERVICES. PLANT MATERIAL IN
SOME INSTANCES EXCEED NO.1 GRADE IN ORDER TO MEET THE MINIMUM REQUIREMENTS OF THIS PROJECT.

NUISANCE, EXOTIC PLANT SPECIES REMOVAL SHALL BE ACCOMPLISHED PER SECTION 701.4 OF THE LDC.

T R E E	P R O T E C T I O N	N O T E S

ALL TRIMMING UNDERTAKEN ON A TREE PROTECTED BY THE PROVISIONS OF THE LAND DEVELOPMENT CODE SHALL BE IN ACCORDANCE WITH THE AMERICAN NATIONAL STANDARDS INSTITUTE (ANSI) A-300 PRUNING

PLANT SCHEDULE
TREES	CODE	BOTANICAL NAME
LA1	L                 N       

COMMON NAME
N      C    M     

SIZE	SPECIFICATIONS
M    -T	12 H . 4 S .

QTY
97

REMARKS

MG

M                   

S M       

4" C .

14 7 S .

8

PS

P                 

S P   

M      

14 C.T.

20

QV

Q                 

L O  

5" C .

18 H . 5 S .

1

SHRUBS

CODE	BOTANICAL NAME
ZAF	Z               

COMMON NAME
C P   

SIZE
7    

SIZE
24" H . 24" S .

QTY
15

REMARKS

GROUND COVERS

CODE	BOTANICAL NAME
DIV	D V         

COMMON NAME
V           F   L   

CONT
3    

SIZE
12" 18" S .

SPACING
36" . .

QTY
655

REMARKS

ICB

I B N    

D B H    

3    

18" OA

36" . .

107

JUP

J P        

P J      

3    

12" 18" S .

36" . .

1,724

SPB

S              

S C G    

3    

18" OA

36" . .

306

TRI

T                    

D F G    

3    

18" OA

36" . .

255

SOD AND MULCH

CODE

 	    	        	   PAS

BOTANICAL NAME
P               

COMMON NAME
B G    

CONT

SIZE

SPACING

QTY
0   

MUL

P B N      

3" D    

0   

REMARKS
C             V       Q (SF). S   S  , S   G    , R , F W        
P   .
C               V       Q (CY).

ZOY

Z              

Z G    

   

0   

C             V       Q (SF). S   S  , S   G    , R , F W        
P .

STANDARDS.

PROPOSED LAND ALTERATION ACTIVITIES SHALL NOT UNNECESSARILY REMOVE EXISTING VEGETATION AND
ALTER EXISTING TOPOGRAPHY. ADEQUATE PROTECTION MEASURES (I.E., HAY BALES, BAFFLES, SODDING AND
SANDBAGGING) SHALL BE PROVIDED, AS NECESSARY, TO MINIMIZE EROSION AND DOWNSTREAM SEDIMENTATION CAUSED BY SURFACE WATER RUN-OFF ON EXPOSED LAND SURFACES.

DURING LAND ALTERATION AND CONSTRUCTION ACTIVITIES, IT SHALL BE UNLAWFUL TO REMOVE VEGETATION BY GRUBBING OR TO PLACE SOIL DEPOSITS, DEBRIS, SOLVENTS, CONSTRUCTION MATERIAL, MACHINERY OR OTHER EQUIPMENT OF ANY KIND WITHIN THE DRIPLINE OF A TREE TO REMAIN ON THE SITE UNLESS OTHERWISE
APPROVED BY THE COUNTY.

ANY AREAS SUBJECT TO EROSION MUST BE ADEQUATELY STABILIZED WITH VEGETATIVE MATERIAL THAT WILL, WITHIN A REASONABLE TIME FRAME, DETER SOIL DISTURBANCE. SODDING, PLUGGING, SPRIGGING OR SEEDING IS ACCEPTABLE FOR STABILIZATION; HOWEVER, SODDING MAY BE REQUIRED IN AREAS OF EROSION-PRONE
SOILS OR WHERE SLOPES ARE GREATER THAN 5:1. VEGETATION OTHER THAN GRASS IS ACCEPTABLE UNLESS OTHERWISE SPECIFIED.

INSTALL TREE BARRICADES TO THE FULLEST EXTENT OF THE DRIPLINE OF ALL TREES/PALMS AS POSSIBLE AND/OR TO THE MAXIMUM LIMIT OF IMPROVEMENT(S) AS POSSIBLE (OF COURSE REALIZING THAT THE TREE BARRICADES MAY HAVE TO BE "BACKED OFF" THE IMPROVEMENT(S) BY 1' TO 2' MAXIMUM TO INSTALL THE
IMPROVEMENT(S). DO NOT INSTALL TREE BARRICADES (SPECIFICALLY SILT FENCING MATERIAL) BY TRENCHING WITHIN THE DRIPLINE OF EXISTING TREES/PALMS.

LAND ALTERATION AND CONSTRUCTION ACTIVITIES SHALL BE APPROVED WITHIN THE DRIPLINE OF A TREE TO BE RETAINED ON THE SITE PROVIDED DESIGN TECHNIQUES ARE USED THAT MINIMIZE DAMAGE TO THE ROOT
SYSTEM OF THE TREE (E.G., RETAINING WALLS, TREE WELLS, ROOT AERATION DEVICES, PERVIOUS PAVERS, PERVIOUS CONCRETE, GREEN SPACE, AS APPROPRIATE). WHERE IT IS NOT PRACTICAL FOR UNDERGROUND UTILITY LINES TO BE ROUTED AROUND THE DRIPLINE, TUNNELING SHALL BE EMPLOYED TO ROUTE THE LINES THROUGH THIS AREA.

PRUNING OF A GRAND OAK, WITH THE EXCEPTION OF MINOR PRUNING, IS PROHIBITED UNLESS CONDUCTED IN
ACCORDANCE WITH THE ANSI A-300 PRUNING STANDARDS, AND PERFORMED BY AN ARBORIST CERTIFIED BY THE INTERNATIONAL SOCIETY OF ARBORICULTURE (ISA) OR A REGISTERED CONSULTING ARBORIST WITH THE
AMERICAN SOCIETY OF CONSULTING ARBORISTS (ASCA). MINOR PRUNING IS THE PRUNING OF A TREE BY THE REMOVAL OF BRANCHES NO GREATER THAN THREE (3) INCHES IN DIAMETER AT THE POINT OF CONNECTION TO A SUPPORTING BRANCH AND SHALL BE IN ACCORDANCE WITH THE ANSI A-300 PRUNING STANDARDS. A NOTARIZED AFFIDAVIT AFFIRMING AN ISA CERTIFIED ARBORIST OR AN ASCA REGISTERED CONSULTING ARBORIST WILL CONDUCT OR PROVIDE ONSITE SUPERVISION OF THE PRUNING SHALL BE SUBMITTED TO THE COUNTY PRIOR TO THE PRUNING OF A GRAND OAK. AN ISA CERTIFIED ARBORIST OR AN ASCA REGISTERED CONSULTING ARBORIST CONTRACTED BY A PROPERTY OWNER TO PRUNE A GRAND OAK SHALL ASSUME FULL RESPONSIBILITY FOR ALL PRUNING ACTIVITIES DETERMINED IN NONCOMPLIANCE WITH STANDARDS SPECIFIED WITHIN THE LAND DEVELOPMENT CODE.

18,225 sf

Match Line

Lorraine Rd. South (Extension)

EXHIBIT C

Unit Pricing Scope Sheet

updated on 8/28/2020		Lakewood Ranch Stewardship District SRQ Sector Landscape Maintenance Scope
'ENHANCED' Lorraine Road from Southern Boundary to Fruitville Road

Section I: Contract Scope	
	Unit $	Per Month $	Per Year$	
ImprovedTurf:	137,961	SF	$	0.25		$	34,490	
Non-Improved Turf	233,889	SF	$	0.12		$	28,067	
Beds/Shrubs/Ground Covers:	47,613	SF	$	0.33		$	15,712	
Irrigation:	45	LS	$	0.01		$	0	
Canopy Trees; 8' Clearance:	95	LS			$	-	
Accent Trees:	65	LS			$	-	
				$	78,270	

Section II: Non-Contract Scope	Unit $	Extension	
Canopy Trees; Structural Pruning:	95	LS	$	100.00	$	9,500	
Palm Tree Pruning:	20	LS	$	25.00	$	500	
Annuals:	0	LS		$	-	
Re-Mulch (at 1" depth):	159	CY	$	45.00	$	7,142	
Irrigation Repair:	PER HOUR	$30.00		

F:\LLAWM\STEWARDSHIP DISTRICT\Landscape and Irrigation\SRQ Sector\Lorraine Road\Lorraine South\2020 Improvements\Lorraine Road South Enhancement Landscape Scope Sheet; LWRSD Boundry to Fruitville.xlsx Lorraine South

EXHIBIT D

Form of Change Order

CHANGE ORDER
No.: 	
Project:					 Date of Issuance: 		Effective Date: 		

Owner:		 Owner’s Contract No.: 		
Contractor: 		Engineer: 	

You are requested to make the following changes in the Contract Documents. Description:
Reason for Change Order:

Attachments: (List documents supporting change)

Change in Contract Price
Original Contract Price

$ 	

Change in Contract Times
Original Contract Times

Substantial Completion: 	 Ready for Final Payment: 	
days or dates

Net changes from previous Change Orders No.

To No. 	

Net changes from previous Change Orders No.

To No.

$ 	
days

Contract Price prior to this Change Order

$ 	

Contract Times prior to this Change Order

Substantial Completion: 	 Ready for Final Payment: 	
days or dates

Net Increase (decrease) of this Change Order
$ 	

Net Increase (decrease) of this Change Order

days

Contract Price with all approved Change Orders

$ 	

Contract Times with all approved Change Orders

Substantial Completion: 	 Ready for Final Payment: 	

Garrett Hardy, Maintenance Manager

Louis Lawman, Project Manager

days or dates

Recommended:	Approved:	Accepted:	
By: 		By: 		By: 		
Consultant (Authorized Signature)	Owner (Authorized Signature)	Contractor (Authorized Signature)	
Date: 		Date: 		Date: 		

Lorraine Rd. South (Extension)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Agreement between the District and SMR Farms, LLC

Pine Warbler Pl.

AGREEMENT BETWEEN LAKEWOOD RANCH STEWARDSHIP DISTRICT AND SMR FARMS, LLC FOR LANDSCAPE INSTALLATION
SERVICES AND MATERIALS (PINE WARBLER PLACE PROJECT)

THIS AGREEMENT (the “Agreement”) is made and entered into this 1st day of September 2020, by and between:

Lakewood Ranch Stewardship District, a local unit of special-purpose government established pursuant to Chapter 2005-338, Laws of Florida, and located in Sarasota and Manatee Counties, Florida whose address is 12051 Corporate Boulevard, Orlando, Florida 32817 (the “District”); and

SMR Farms, LLC, a Florida limited liability company, whose address is 14400 Covenant Way, Lakewood Ranch, Florida 34202 (the “Contractor”).

RECITALS

WHEREAS, the District is a local unit of special-purpose government established and existing pursuant Chapter 2005-338, Laws of Florida, as amended (the “Act”) and is located in Sarasota and Manatee Counties, Florida; and

WHEREAS, the District was established pursuant to the Act for the purpose of planning, financing, constructing, operating and/or maintaining certain infrastructure improvements, including landscaping improvements; and

WHEREAS, the District desires to retain an independent contractor to provide landscape installation services and materials relative to its Pine Warbler Pl. project within the Sarasota Sector of the District, as described herein and in the attached Exhibit A, which is incorporated herein by reference (the “Services”); and

WHEREAS, the Contractor represents that it is capable of providing the Services and desires to contract with the District to do so in accordance with the terms of this Agreement; and

WHEREAS, the District and Contractor warrant and agree that they have all right, power and authority to enter into and be bound by this Agreement.

NOW, THEREFORE, in consideration of the recitals, agreements, and mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, the parties agree as follows:

SECTION 1. RECITALS. The recitals so stated are true  and  correct  and  by  this  reference are incorporated into and form a material part of this Agreement.

SECTION 2.	DESCRIPTION OF WORK AND SERVICES.

The duties, obligations, and responsibilities of the Contractor are to provide the services, labor and materials necessary for the installation of certain landscape improvements, including materials and related site preparation, as described herein and in the attached Exhibit A.

Contractor shall be solely responsible for the means, manner and methods by which its duties, obligations and responsibilities are met to the satisfaction of the District and in accordance with this Agreement. Contractor shall use industry best practices and procedures when carrying out the Services. Any additional compensation for additional duties shall be paid only as negotiated between the parties and upon the written authorization of the District.

This Agreement grants to Contractor the right to enter the lands that are subject to this Agreement, for those purposes described in this Agreement, and Contractor hereby agrees to comply with all applicable laws, rules, ordinances and regulations affecting the provision of the Services.

In the event that time is lost due to heavy rains (“Rain Days”), the Contractor agrees to reschedule its employees and divide their time accordingly to complete all scheduled services during the time during the same week as any Rain Days. The Contractor shall provide services on Saturdays if needed to make up Rain Days, but shall not provide services on Sundays.

The Contractor shall report directly to the District’s Designee who shall be Garrett Hardy. Contractor shall use all due care to protect the property of the District, its residents and landowners from damage and shall follow and be responsible for the Services set forth in Exhibit A. Contractor agrees to repair any damage resulting from Contractor’s activities and work within twenty-four (24) hours.

SECTION 3.	DATE OF COMPLETION.

Contractor shall complete the installation services within Sixty (60) calendar days of the execution of this Agreement, provided however that such completion date may be adjusted to address any delays caused by the District. Contractor shall be allowed additional days for adverse weather days. “Adverse Weather” is defined as the occurrence of one or more of the following conditions within a twenty-four (24) hour day that prevents construction activity exposed to weather conditions or access to the site: (1) precipitation (rain, snow, or ice) in excess of one-half inch (0.50”) liquid measure (“standard baseline”); or (2) sustained wind in excess of twenty-five (25)
m.p.h. Contractor must document such Adverse Weather and notify the District promptly of its occurrence.

The Contractor and District recognize that time is of the essence of this Agreement and that the District will suffer financial loss if the installation services are not completed within the times specified herein. The District and the Contractor also recognize the delays, expense, and difficulties involved in proving in a legal

proceeding and the actual loss suffered by District if the installation services are not completed on time. Accordingly, instead of requiring any such proof, District and Contractor agree that as liquidated damages for delay (but not as a penalty), Contractor shall pay the District Five Hundred Dollars ($500) for each day that expires after the time specified herein. Contractor must coordinate its work with others performing work for the District as the District directs. Contractor will work overtime or extra shifts as necessary to meet the timeframe provided for herein.

SECTION 4.	COMPENSATION; TERM.

As compensation for completion of the Services described in this Agreement, the District agrees to pay the Contractor One Hundred Thousand Two Hundred Twenty- Five Dollars ($100,225.00). Such amount includes all items, materials and labor necessary for the completion of the Services.

If the District should desire additional work or services not provided in Exhibit A,  the Contractor agrees to negotiate in good faith to undertake such additional work or services. Upon successful negotiations, the Parties shall agree in writing to a work order, addendum, addenda, or change order to this Agreement, as set forth in more detail in Section 5 herein.

The District may require, as a condition precedent to making any payment to the Contractor, that all subcontractors, material men, suppliers or laborers be paid and require evidence, in the form of Lien Releases or partial Waivers of Lien, to be submitted to the District by those subcontractors, material men, suppliers or laborers, and further require that the Contractor provide an Affidavit relating to the payment of said indebtedness. Further, the District shall have the right to require, as a condition precedent to making any payment, evidence from the Contractor, in a form satisfactory to the District, that any indebtedness of the Contractor, as to services to the District, has been paid and that the Contractor has met all of the obligations with regard to the withholding and payment of taxes, Social Security payments, Workmen’s Compensation, Unemployment Compensation contributions, and similar payroll deductions from the wages of employees.

The Contractor shall maintain records conforming to usual accounting practices. Further, the Contractor agrees to render monthly invoices to the District, in writing, which shall be delivered or mailed to the District by the fifth (5th) day of the next succeeding month. These monthly invoices are due and payable within thirty (30) days of receipt by the District. Each monthly invoice will include such supporting information as the District may reasonably require the Contractor to provide.

SECTION 5. CHANGE ORDERS. Contractor understands that the Services may  be  reduced, enlarged or otherwise modified in scope. If any additional Services are proposed beyond those identified in this Agreement, Contractor shall perform them but only after receiving a written change order from the District. Contractor shall not perform any service omitted from the Agreement by deductive change order. Contractor shall cooperate with and

assist the District in preparing and determining the scope of any change order. In the event the service is a unit price set forth in this Agreement, Contractor’s compensation shall be adjusted for the added or deducted services proposed by the change order in accordance with the unit prices established in the Agreement. In the event that the unit price for the additional services is not set forth in this Agreement, Contractor’s compensation shall be adjusted for the added or deducted services proposed by the change order as reasonably determined by the District in conference with the Contractor.

SECTION 6.  WARRANTY AND COVENANT. The Contractor warrants to the District that  all materials furnished under this Agreement shall be new, and that all services and materials shall be of good quality, free from faults and defects. The Contractor hereby warrants any materials and services for a period of twelve (12) months after acceptance by the District or longer as required under Florida law. With respect to any and all plant material provided, all plant material shall be guaranteed to be in a satisfactory growing condition and to live for a period of twelve (12) months from planting except plants damaged by acts of God, plants subjected to extreme weather conditions, or for annuals, which will be replaced seasonally. All plants that fail to survive under the guarantee shall be replaced as they fail with the same type and size as originally specified. Contractor further warrants to the District those warranties  which Contractor otherwise warrants to others and the duration of such warranties is as provided by Florida law unless longer guarantees or warranties are provided for elsewhere in the Agreement (in which case the longer periods of time shall prevail). Contractor shall replace or repair warranted items to the District’s satisfaction and in the District’s discretion. Neither final acceptance of the Services, nor final payment therefore, nor any provision of the Agreement shall relieve Contractor of responsibility for defective or deficient materials or Services. If any of the Services are found to be defective, deficient or not in accordance with the Agreement, Contractor shall correct, remove and replace it promptly after receipt of a written notice from the District and correct and pay for any other damage resulting there from to District property or the property of landowners within the District.

Contractor hereby covenants to the District that it shall perform the Services: (i) using its best skill and judgment and in accordance with generally accepted professional and design standards and practices for projects of similar design and complexity as the development occurring within the District; (ii) in compliance with all applicable federal, state, county municipal, building and zoning, land use, environmental, public safety, non-discrimination and disability accessibility laws, codes, ordinances, rules and regulations, including, without limitation, all professional registration (both corporate and individual) for all required basic disciplines that it shall perform; and (iii) in an expeditious and economical manner consistent with the best interest of the District. Contractor hereby covenants to the District that any work product of the Contractor shall not call for the use nor infringe any patent, trademark, services mark, copyright or other proprietary interest claimed or held by any person or business entity absent prior written consent from the District.

SECTION 7.	INSURANCE.

The Contractor shall, at its own expense, maintain insurance during the performance of the Services under this Agreement, with limits of liability not less than the

following:

Workers Compensation

General Liability	statutory	
Bodily Injury (including contractual)	$1,000,000/$2,000,000	
Property Damage (including contractual)	$1,000,000/$2,000,000	
Automobile Liability (if applicable)
Bodily Injury and Property Damage	
$1,000,000	

The District, its staff, consultants and supervisors shall be named as an additional insured. The Contractor shall furnish the District with the Certificate of Insurance evidencing compliance with this requirement. No certificate shall be acceptable to the District unless it provides that any change or termination within the policy periods of the insurance coverages, as certified, shall not be effective within thirty
(30) days of prior written notice to the District. Insurance coverage shall be from a reputable insurance carrier, licensed to conduct business in the State of Florida, and such carrier shall have a Best’s Insurance Reports rating of at least A-VII.

If the Contractor fails to have secured and maintained the required insurance, the District has the right (without any obligation to do so, however), to secure such required insurance in which event the Contractor shall pay the cost for that required insurance and shall furnish, upon demand, all information that may be required in connection with the District’s obtaining the required insurance.

SECTION 8. INDEPENDENT CONTRACTOR.  It is understood and agreed that at all times the relationship of Contractor and its employees, agents, subcontractors or anyone directly or indirectly employed by Contractor to the District is the relationship of an independent contractor and not that of an employee, agent, joint venturer or partner of the District. Nothing in this Agreement shall be interpreted or construed as creating or establishing the relationship of employer and employee between the District and Contractor or any of its employees, agents, subcontractors or anyone directly or indirectly employed by Contractor. The parties acknowledge that Contractor is not an employee for state or federal tax purposes. Contractor shall hire and pay all of Contractor's employees, agents, subcontractors or anyone directly or indirectly employed by Contractor, all of whom shall be employees of Contractor and not employees of the District and at all times entirely under Contractor's supervision, direction and control.

In particular, the District will not: i) Withhold FICA (Social Security) from Contractor’s payments; ii) Make state or federal unemployment insurance contributions on Contractor’s behalf; iii) Withhold state or federal income tax from payment to Contractor; iv) Make disability insurance contributions on behalf of Contractor; or v) Obtain workers’ compensation insurance on behalf of Contractor.

SECTION 9.  COMPLIANCE WITH GOVERNMENTAL REGULATIONS.  The Contractor shall
keep, observe, and perform all requirements of applicable local, state, and federal laws, rules,

regulations, or ordinances. If the Contractor fails to notify the District in writing within five (5) days of the receipt of any notice, order, required to comply notice, or a report of a violation or an alleged violation, made by any local, state, or federal governmental body or agency or subdivision thereof with respect to the services being rendered under this Agreement or any action of the Contractor or any of its agents, servants, employees, or materialmen, or with respect to terms, wages, hours, conditions of employment, safety appliances, or any other requirements applicable to provision of services, or fails to comply with any requirement of such agency within five (5) days after receipt of any such notice, order, request to comply notice, or report of a violation or an alleged violation, the District may terminate this Agreement, effective immediately upon the giving of notice of termination.

SECTION 10.	DEFAULT AND PROTECTION AGAINST THIRD PARTY INTERFERENCE. A
default by either party under this Agreement shall entitle the other to all remedies available at law or in equity, which may include, but not be limited to, the right of actual damages and/or specific performance. The District shall be solely responsible for enforcing its rights under this Agreement against any interfering third party. Nothing contained in this Agreement shall limit  or impair the District’s right to protect its rights from interference by a third party to this Agreement.

SECTION 11. ENFORCEMENT OF AGREEMENT.  In the event that either party is required to enforce this Agreement by court proceedings or otherwise, then the parties agree that the substantially prevailing party shall be entitled to recover from the other all fees and costs incurred, including reasonable attorneys fees, paralegal fees and expert witness fees and costs for trial, alternative dispute resolution, or appellate proceedings.

SECTION 12.  AMENDMENTS.  Amendments to and waivers of the provisions contained  in this Agreement may be made only by an instrument in writing which is executed by both the District and the Contractor.

SECTION 13. AUTHORIZATION. The execution of this Agreement has been duly authorized by the appropriate body or official of the District and the Contractor, both the District and the Contractor have complied with all the requirements of law, and both the District and the Contractor have full power and authority to comply with the terms and provisions of this Agreement.

SECTION 14. NOTICES. All notices, requests, consents and other communications under this Agreement (“Notices”) shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or overnight delivery service, to the parties, as follows:

If to Contractor:	SMR Farms, LLC 14400 Covenant Way
Lakewood Ranch, Florida 34202 Attn: Gary Bradshaw

If to District:	Lakewood Ranch Stewardship District 12051 Corporate Boulevard

Orlando, Florida 32817 Attn: District Manager

With a copy to:		Lakewood Ranch Stewardship District Operations 14400 Covenant Way
Lakewood Ranch, FL 34202 Attn: Operations Manager

With a copy to:	Hopping Green & Sams, P.A.
119 South Monroe Street, Suite 300
Tallahassee, Florida 32301 Attn: District Counsel

Except as otherwise provided in this Agreement, any Notice shall be deemed received only upon actual delivery at the address set forth above. Notices delivered after 5:00 p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day.  If any time for giving Notice contained in this Agreement would otherwise expire on a non- business day, the Notice period shall be extended to the next succeeding business day.  Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for the District and counsel for the Contractor may deliver Notice on behalf of the District and the Contractor. Any party or other person to whom Notices are to be sent or copied may notify the other parties and addressees of any change in name or address to which Notices shall be sent by providing the same on five (5) days written notice to the parties and addressees set forth herein.

SECTION 15. ARM’S LENGTH TRANSACTION. This Agreement  has  been  negotiated fully between the District and the Contractor as an arm’s length transaction. Both parties participated fully in the preparation of this Agreement and received the advice of counsel. In the case of a dispute concerning the interpretation of any provision of this Agreement, both parties are deemed to have drafted, chosen, and selected the language, and the doubtful language will not be interpreted or construed against either the District or the Contractor.

SECTION 16. THIRD  PARTY  BENEFICIARIES.  This Agreement  is solely for the benefit of the District and the Contractor and no right or cause of action shall accrue upon or by reason, to or for the benefit of any third party not a formal party to this Agreement. Nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person or corporation other than the District and the Contractor any right, remedy, or claim under or by reason of this Agreement or any of the provisions or conditions of this Agreement; and all of the provisions, representations, covenants, and conditions contained in this Agreement shall inure to the sole benefit of and shall be binding upon the District and the Contractor and their respective representatives, successors, and assigns.

SECTION 17. ASSIGNMENT. Neither the District nor the Contractor may assign this Agreement or any monies to become due hereunder without the prior written approval of the other.

SECTION 18. APPLICABLE LAW AND VENUE. This Agreement and the provisions contained herein shall be construed, interpreted and controlled according to the laws of the State of Florida. Each party consents that the venue for any litigation arising out of or related to this Agreement shall be in Manatee County, Florida.

SECTION 19.	INDEMNIFICATION.

	Contractor, its employees, agents and subcontractors shall defend, hold harmless and indemnify the District and its supervisors, officers, staff, employees, representatives and agents against any claims, damages, liabilities, losses and costs, including, but not limited to, reasonable attorneys’ fees, to the extent caused by the acts or omissions of Contractor, and other persons employed or utilized by Contractor in the performance of this Agreement or the Services performed hereunder.

Obligations under this section shall include the payment of all settlements, judgments, damages, liquidated damages, penalties, forfeitures, back pay awards, court costs, arbitration and/or mediation costs, litigation expenses, attorney fees, and paralegal fees (incurred in court, out of court, on appeal, or in bankruptcy proceedings) as ordered.

SECTION 20.	LIMITATIONS	ON	GOVERNMENTAL	LIABILITY.	Nothing	in	this
Agreement shall be deemed as a waiver of immunity or limits of liability of the District beyond any statutory limited waiver of immunity or limits of liability which may have been adopted by the Florida Legislature in Section 768.28, Florida Statutes, or other statute, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which would otherwise be barred under the Doctrine of Sovereign Immunity or by operation of law.

SECTION 21. EFFECTIVE DATE. This Agreement shall be effective upon the execution of the Agreement by each of the parties hereto and shall remain in effect until the completion of the Services, unless terminated earlier in accordance with the terms of this Agreement.

SECTION 22. TERMINATION. The District agrees that the Contractor may terminate this Agreement for cause by providing thirty (30) days written notice of termination to the District; provided, however, that the District shall be provided a reasonable opportunity to cure any failure under this Agreement. The Contractor agrees that the District may terminate this Agreement immediately for cause by providing written notice of termination to the Contractor. The District shall provide thirty (30) days written notice of termination without cause. Upon any termination of this Agreement, the Contractor shall be entitled to payment for all Services rendered up until the effective termination of this Agreement, subject to whatever claims or off sets the District may have against the Contractor as the sole means of recovery for termination.

SECTION 23. OWNERSHIP OF DOCUMENTS. All rights in and title to all plans, drawings, specifications, ideas, concepts, designs, sketches, models, programs, software, creation,

inventions, reports, or other tangible work product originally developed by Contractor pursuant to this Agreement shall be and remain the sole and exclusive property of the District when developed and shall be considered work for hire.

SECTION 24. PUBLIC RECORDS.  Contractor understands and agrees that all documents  of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, Contractor agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Contractor acknowledges that the designated public records custodian for the District is Jane Gaarlandt (“Public Records Custodian”). Among other requirements and to the extent applicable by law, the Contractor shall 1) keep and maintain public records required by the District to perform the service; 2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the contract term and following the contract term if the Contractor does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of the contract, transfer to the District, at no cost, all public records in Contractor’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by the Contractor, the Contractor shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.

IF THE CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE CONTRACTOR’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (407) 382-3256, JANEG@FISHKIND.COM, OR AT 12051 CORPORATE BOULEVARD, ORLANDO, FLORIDA 32817.

SECTION 25. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Agreement shall not affect the validity or enforceability of the remaining portions of this Agreement, or any part of this Agreement not held to be invalid or unenforceable.

SECTION 26. HEADINGS FOR CONVENIENCE ONLY. The descriptive headings in this Agreement are for convenience only and shall not control nor affect the meaning or construction of any of the provisions of this Agreement.

SECTION 27. ENTIRE AGREEMENT. This instrument shall constitute the final and complete expression of the Agreement between the parties relating to the subject matter of this Agreement.

[SIGNATURES ON NEXT PAGE]

Pine Warbler Pl.

IN WITNESS WHEREOF, the parties hereto have signed this Agreement on the day and year first written above.

Attest:	Lakewood Ranch Stewardship District

Secretary	Chairman/Vice Chairman, Board of Supervisors

Witness:	SMR Farms, LLC

Signature of Witness

By:		 Print Name:  	

Print Name	Title:    	

Exhibit A:	Landscape Site Plan Exhibit B:		Landscape Scope Sheet Exhibit C:	Form of Change Order

EXHIBIT A

Landscape Site Plan

F	F	F

F

F

F		

F			

F		

F		

F	

F	F	F	F	F	F	F	F

F

F	F	F	F              	

F

F	F

SEE STREETSCAPE PLANS

PINE WARBLER PLACE

F

F

F

F

F	F	F	F	F	F	F	F	F	F	F	F	F	F	F	F	F	F

ALL CONCEPTS, LAYOUTS, DELINEATIONS AND PLANS DEPICTED BY THIS DRAWING ARE THE PROPERTY OF HARDEMAN KEMPTON & ASSOCIATES, INC., AND WERE DEVELOPED FOR THIS SPECIFIC PROJECT. THESE CONCEPTS, LAYOUTS, PLANS AND DELINEATIONS ARE NOT TO BE TRANSFERRED TO ANY PERSON, FIRM, OR CORPORATION FOR ANY PURPOSE WHATSOEVER WITHOUT THE WRITTEN APPROVAL OF HARDEMAN KEMPTON & ASSOCIATES, INC.

HARDEMAN KEMPTON
& ASSOCIATES, INC.
Landscape Architects
& Civil Engineers
2207 W. North A Street Tampa, Florida 33606
Ph: 813-258-0066
www.hka-design.com

  PROJ. NO. : C025018K	
  DATE :	07.13.2020	

  DESIGNED :  TAS/ JER	
  CHECKED :   JER	

THIS PLAN IS NOT VALID UNLESS S IGN ED , D AT ED & R AISED SE AL AFFIXED OR PERMANENT INK SEAL
SHEET:

Revisions:	
NO.	DATE :	DESCRIPTION :	
1	06/02/20	Revised pole and light fixture model numbers	
2	06/17/20	Light Pole Revisions	
3	06/30/20	Revised per landscape comments	

			

PROJECT NAME :	PREPARED FOR :

Landscape Architecture Certificate of Authorization #LC0000267

Engineering Business Certificate of Authorization No. #26775

L1.0

WATERSIDE PLACE		WATERSIDE PLACE. LLC 14400 COVENANT WAY LAKEWOOD RANCH, FL 34202
SHEET TITLE :
PINE WARBLER PLACE OVERALL LANDSCAPE SHEET

TJV 102

TJV 44

JP 24

LIN 6

PM 3

JP 50

LME 152

STREET LIGHT, TYP.

LME 73

"B" BOULDER

SR3 3

LME 53

"C" BOULDER

MATCHLINE '2'

LIMIT OF WORK

LIMIT OF WORK

TJV 43

JP 27

LIN 6

LME 138

SR3 3

"B" BOULDER
"C" BOULDER

SOD 

LME 46

PINE WARBLER PLACE

 	

LIMIT OF WORK

ALL CONCEPTS, LAYOUTS, DELINEATIONS AND PLANS DEPICTED BY THIS DRAWING ARE THE PROPERTY OF HARDEMAN KEMPTON & ASSOCIATES, INC., AND WERE DEVELOPED FOR THIS SPECIFIC PROJECT. THESE CONCEPTS, LAYOUTS, PLANS AND DELINEATIONS ARE NOT TO BE TRANSFERRED TO ANY PERSON, FIRM, OR CORPORATION FOR ANY PURPOSE WHATSOEVER WITHOUT THE WRITTEN APPROVAL OF HARDEMAN KEMPTON & ASSOCIATES, INC.

HARDEMAN KEMPTON
& ASSOCIATES, INC.
Landscape Architects
& Civil Engineers
2207 W. North A Street Tampa, Florida 33606
Ph: 813-258-0066
www.hka-design.com

  PROJ. NO. : C025018K	
  DATE :	07.13.2020	

  DESIGNED :  TAS/ JER	

CHECKED :

THIS PLAN IS NOT VALID UNLESS SIGN ED , D A TED & R AISE D S EAL AFFIXED OR PERMANENT INK SEAL
SHEET:

Revisions:	
NO.	DATE :	DESCRIPTION :	
1	06/02/20	Revised pole and light fixture model numbers	
2	06/17/20	Light Pole Revisions	
3	06/30/20	Revised per landscape comments	

			

PROJECT NAME :	PREPARED FOR :

Landscape Architecture Certificate of Authorization #LC0000267

Engineering Business Certificate of Authorization No. #26775

JER

L1.1

WATERSIDE PLACE		WATERSIDE PLACE. LLC 14400 COVENANT WAY LAKEWOOD RANCH, FL 34202
SHEET TITLE :
PINE WARBLER PLACE LANDSCAPE PLAN

MATCHLINE '2'

"A" BOULDER

NG 3
QV 2

LME 49

QV 2

GIF 49

ZFU1 3

QV 2
LME 137

HARDEMAN KEMPTON
& ASSOCIATES, INC.
Landscape Architects

SR3 3

DU 31

ZFU1 3

SAV 18

IX 27

QV 1

LIMIT OF WORK

GIF 38

NG 3

LME 38

IX 33

SAV 6

SOD 

SR3 3

IX 21

GG 5

SR3 1

QV 1

ZP 31

DU 24

SR3 3

IX 33

NG 5

"C" BOULDER

SAV 5

SAV 12
SR3 3
IX 42
QV 1

NG 3

"B" BOULDER

& Civil Engineers
2207 W. North A Street Tampa, Florida 33606
Ph: 813-258-0066
www.hka-design.com

Landscape Architecture Certificate of Authorization #LC0000267

PREPARED FOR :
WATERSIDE PLACE. LLC 14400 COVENANT WAY LAKEWOOD RANCH, FL 34202

Engineering Business Certificate of Authorization No. #26775

"C" BOULDER

LME 11

LME 21

LIMIT OF WORK

PROJECT NAME :
WATERSIDE PLACE

SHEET TITLE :
PINE WARBLER PLACE LANDSCAPE PLAN

GIF 17

LME 20

PINE WARBLER PLACE

STREET LIGHT, TYP. "B" BOULDER
NG
3
QV 2
GIF 39
ZFU1 3

DU 34
JP 21
NG 3

"A" BOULDER "C" BOULDER
IX 10
JP 20

QV 2

GIF 45

SR3 1

GG 5

IX 25

SR3 3

DATE :
06/02/20

06/17/20

06/30/20

LME 49

"A" BOULDER "C" BOULDER
NG 3
QV 2

GIF 50

SR3 3
DU 35
JP 22

"C" BOULDER

NG 1

IX 14

Revisions:

NO.
1

DESCRIPTION :
Revised pole and light fixture model numbers

2

Light Pole Revisions

3

Revised per landscape comments

PROJ. NO. : C025018K

SOD 

"B" BOULDER

DATE :

07.13.2020

JP	DESIGNED : TAS/ JER

18	CHECKED :

JER

NG 2

JP 39

"A" BOULDER

VM 1
NG 3

ANN1 187

ANN2 140

"C" BOULDER

JP 40
VM 1
IX 16

THIS PLAN IS NOT VALID UNLESS SIGN ED , D A TED & R AISE D S EAL AFFIXED OR PERMANENT INK SEAL

ALL CONCEPTS, LAYOUTS, DELINEATIONS AND PLANS DEPICTED BY THIS DRAWING ARE THE PROPERTY OF HARDEMAN KEMPTON & ASSOCIATES, INC., AND WERE DEVELOPED FOR THIS SPECIFIC PROJECT. THESE CONCEPTS, LAYOUTS, PLANS AND DELINEATIONS ARE NOT TO BE TRANSFERRED TO ANY PERSON, FIRM, OR CORPORATION FOR ANY PURPOSE WHATSOEVER WITHOUT THE WRITTEN APPROVAL OF HARDEMAN KEMPTON & ASSOCIATES, INC.

"B" BOULDER
IX 14

MATCHLINE '1'

SHEET:

L1.2

MATCHLINE '1'

IX 15
NG
3
VM 1

STREET LIGHT, TYP.

ANN1 176

ANN2 150

IX 14
"B" BOULDER
VM 1
NG
3

HARDEMAN KEMPTON
& ASSOCIATES, INC.

"C" BOULDER
JP 35

"B" BOULDER
NG 1
QV
2

JP 20
JP
13

IX 28
DU 30
SR3 3

LME 54

QV 2

SR3 1

GG 5

IX 16

"C" BOULDER

JP 33
"B" BOULDER

QV 2

"A" BOULDER

JP 19
IX
27
NG 3

DU 36

GIF 50

Landscape Architects
& Civil Engineers
2207 W. North A Street Tampa, Florida 33606
Ph: 813-258-0066
www.hka-design.com

Landscape Architecture Certificate of Authorization #LC0000267

Engineering Business Certificate of Authorization No. #26775

GIF 49

LME 28

GIF 51
SR3 3

SR3 3

LIMIT OF WORK

PREPARED FOR :
WATERSIDE PLACE. LLC 14400 COVENANT WAY LAKEWOOD RANCH, FL 34202

LME 34

LIMIT OF WORK

LME 37

GIF 35

SOD 

LME 24

SHEET TITLE :
PINE WARBLER PLACE LANDSCAPE PLAN

"C" BOULDER

PROJECT NAME :
WATERSIDE PLACE

NG 3

QV	GIF
1	36

ZP	NG
31	1
QV
1	QV
1

DESCRIPTION :
Revised pole and light fixture model numbers

SAV 8

JP 34

NG 3

"C" BOULDER

GIF 47

PINE WARBLER PLACE

QV 2

SR3 3

Light Pole Revisions

Revised per landscape comments

JP 32
SAV 8

SR3 3

JP 12

SAV 22

IX 16

SR3 3

GG 5

SAV 23

JP 17

Revisions:

NO.
1

DATE :
06/02/20

2

06/17/20

3

06/30/20

PROJ. NO. : C025018K

QV	QV
2	2

DATE :

07.13.2020

DESIGNED : TAS/ JER

SR3 1

LME 89

SR3 1

LME 58

SR3 3

LME 70

CHECKED :

JER

IX 24

NG 3

"C" BOULDER

LME 35

SOD 

VM 1

ZP 12

ANN1 190

NG 4

IX 25
"C" BOULDER
LME 36

THIS PLAN IS NOT VALID UNLESS SIGN ED , D A TED & R AISE D S EAL AFFIXED OR PERMANENT INK SEAL
SHEET:

ALL CONCEPTS, LAYOUTS, DELINEATIONS AND PLANS DEPICTED BY THIS DRAWING ARE THE PROPERTY OF HARDEMAN KEMPTON & ASSOCIATES, INC., AND WERE DEVELOPED FOR THIS SPECIFIC PROJECT. THESE CONCEPTS, LAYOUTS, PLANS AND DELINEATIONS ARE NOT TO BE TRANSFERRED TO ANY PERSON, FIRM, OR CORPORATION FOR ANY PURPOSE WHATSOEVER WITHOUT THE WRITTEN APPROVAL OF HARDEMAN KEMPTON & ASSOCIATES, INC.

"A" BOULDER

REFER TO STREETSCAPE PLANS
QV

L1.3

PLANT SCHEDULE PINE WARBLER

TREES	KEY	QTY	BOTANICAL NAME	COMMON NAME	SIZE	SPECIFICATIONS

LIN	12	Lagerstroemia indica `Natchez`	Natchez Crape Myrtle	---	B/B, Multi, 2" cal., 8`-10` ht. x 4`-5` sprd.

PM	3	Phoenix dactylifera `Medjool`	Medjool Palm	---	B/B, min.16` c.t., Matched Specimens

QV	30	Quercus virginiana `SDLN`	Cathedral Live Oak	---	B/B, min. 10` ht. x 4`-5` spr., 2" caliper

VM	5	Veitchia merrillii	Adonidia Palm	---	Triple Trunk, 8`-10` c.t.

SHRUBS	KEY	QTY	BOTANICAL NAME	COMMON NAME	SIZE	SPECIFICATIONS

GG	20	Galphimia glauca	Thryallis	3 gal.	16"-18" ht. x 14"-16" sprd. @ 30" o.c.	                	          	              

NG	53	Neomarica caerulea `Regina`	Apostle`s Iris	3 gal.	16"-18" ht. x 14"-16" sprd. @ 30" o.c.

SAV	102	Schefflera arboricola `Variegata`	Dwarf Variegated Schefflera	3 gal.	16"-18" ht. x 14"-16" sprd. @ 30" o.c.

SR3	50	Strelitzia reginae	Bird Of Paradise	15 gal.	30"-36" ht. x 30"-36" sprd. @ 48" o.c.

ZFU1	9	Zamia furfuracea	Cardboard Palm	7 gal.	22"-26" ht. x 24"-26" sprd. @ 36" o.c.

GROUND COVERS	KEY	QTY	BOTANICAL NAME	COMMON NAME	SIZE	SPECIFICATIONS

ANN1	553	Bedding Plants By Season	Bedding Plants By Season	4" pot	4" dia. pots @ 9" o.c.

ANN2	290	Bedding Plants By Season	Bedding Plants By Season	4" pot	4" dia. pots @ 9" o.c.

DU	190	Duranta erecta `Gold Mound`	Gold Mound Duranta	3 gal.	16"-18" ht. x 14"-16" sprd. @ 24" o.c.

GIF	506	Ficus microcarpa `Green Island`	Green Island Fig	3 gal.	16"-18" ht. x 14"-16" sprd. @ 24" o.c.

IX	400	Ixora x `Maui`	Maui Ixora	3 gal.	16"-18" ht. x 14"-16" sprd. @ 24" o.c.

JP	476	Juniperus chinensis `Parsonii`	Parsoni Juniper	1 gal.	10"-12" ht. x 8"-10"sprd. @ 24" o.c.

LME	1,252	Liriope muscari `Emerald Goddess`	`Emerald Goddess` Lilyturf	1 gal.	10"-12" ht. x 8"-10"sprd. @ 18" o.c.

BOULDER IS TO BE BURIED INTO SOIL TO AVOID THE "PLACED" EFFECT. DIRTY OR UNATTRACTIVE FACE OF ROCK SHALL BE BURIED.

1/3 - 1/4
BURIED

2/3 - 3/4

FINISHED GRADE

GENERAL LANDSCAPE NOTES:
All landscape material shall be Fla. no. 1 grade or better, as specified in Grades and Standards for Nursery Plants, Parts I and II, by Division of Plant Industry, Florida Department of Agriculture and Consumer Services, and shall conform to current American Association of Nurseryman Standards for Nursery Stock. Landscape material shall be planted according to sound nursery practices.

All shrubs shall be a minimum of 36" high at the time of planting and spaced no greater than 30" on center. Shrubs shall not adversely impact existing tree root systems and shall be field adjusted if necessary.

All required shade trees shall be a minimum of 10' overall height with 4'-5' spread and a min. 2" trunk caliper at time of planting. Palms shall have a minimum 10' c.t. height. Adjust tree locations as necessary to avoid utilities, obstructions, etc. see materials list for exact specifications.

All required trees shall be located a minimum of 5 feet from impervious surfaces, all shrubs 2 feet.

An automatic underground irrigation system shall be installed to maintain the landscape area in a healthy manner and provide 100% coverage.

The contractor shall sod all disturbed areas. All planting shall be mulched to a 3" minimum depth. All designated landscape islands shall be mulched or contain shrubs and/ or groundcover to infill planting area.

The contractor shall be responsible for the clean up of premises and removal of all discarded and surplus materials, and rubbish.

Verify the locations of existing trees, lawns, and shrubs. Remove extraneous materials such as rocks, branches, building materials or unacceptable soils prior to planting sod, trees, and shrubs, where encountered. The contractor shall confirm that all landscape areas have suitable drainage and soil percolation that will not impact the immediate establishment and long term health of all plantings. Any concerns / issues shall be addressed prior to installation of material.

Contractor shall become acquainted with the related paving, site grading , and all utilities (including water, sewer, and electrical supply) to preclude any misunderstandings and ensure a trouble free installation.

The exact location of all existing structures, underground utilities, and pipes may not be as indicated on drawings; the contractor shall determine the location of these items and shall conduct his work in a manner to prevent interruption or damage to existing systems which must remain operational. The contractor shall protect existing structures and utility services which must remain operational and shall be responsible for

HARDEMAN KEMPTON
& ASSOCIATES, INC.
Landscape Architects
& Civil Engineers
2207 W. North A Street Tampa, Florida 33606
Ph: 813-258-0066
www.hka-design.com

Landscape Architecture Certificate of Authorization #LC0000267

PREPARED FOR :
WATERSIDE PLACE. LLC 14400 COVENANT WAY LAKEWOOD RANCH, FL 34202

Engineering Business Certificate of Authorization No. #26775

 		TJV

185	Trachelospermum jasminoides `Variegatum`	Variegated Star Jasmine	1 gal.	10"-12" ht. x 8"-10"sprd. @ 24" o.c.

their replacement if damaged by him.

ZP	74	Zamia pumila	Coontie	3 gal.	16"-18" ht. x 14"-16" sprd. @ 24" o.c.

SOD	N/A	Zoysia japonica 'Empire'	Empire Zoysia Grass	S.F., 95% weed free

MULCH    N/A	Pine Bark Mulch	Pine Bark Mulch

Contractor shall call Sunshine State One-Call at least 48 hours prior to digging. (1-800-432-4770).

DESCRIPTION :
Revised pole and light fixture model numbers

Quantities on plan take precedence over materials list. Quantities on materials list are provided as a courtesy only.

Revised per landscape comments

All landscape material shall be maintained in perpetuity to provided all required FDOT and local site clearance distances for vehicles.

Light Pole Revisions

Install a minimum 5' diameter mulch ring for all new trees unless contained within a landscape bed. Mulch ring diameter shall be enlarged as needed to contain tree staking within mulched area.

PROJECT NAME :
WATERSIDE PLACE

SHEET TITLE :
PINE WARBLER PLACE DETAILS & SPECIFICATIONS

SOIL	N/A	Potting Soil @ Seasonal Planting Beds

BLDR	N/A	Boulder	Boulder	"A" - Small: 2' x 2' x 18" ht.
"B" - Medium: 3' x 2.5' x 24" ht.

Revisions:

DATE :
06/02/20

06/17/20

06/30/20

"C" - Large: 4' x 3' x 30" ht.

The Landscape Plans shall comply with the Water Efficient Landscape Ordinance # 2001-081". This pertains to irrigation design, percent of sod allowed, and plant selection.

A Tree Permit will be required prior to any construction, native vegetative removal within the dripline of a tree, and/or tree removal.

No clearing with heavy equipment, filling, or placement of improvements or utility lines shall occur within the protected root zone of any canopy tree to be saved, per Section 54-588 (1) (b) of Sarasota County Code. The protected root zone is defined as the dripline of the tree. Only hand clearing or mowing is permitted within the protected root zone of canopy trees to be saved if authorized by the Administrator. Where unauthorized removal of native vegetation within the protected root zone occurs the Administrator may require the replanting of understory vegetation. Full dripline protection is required; however the Administrator may allow certain activities to be conducted within the barricaded dripline of a tree, so long as the County determines that the tree will not be adversely affected. The plans shall make note of this requirement.

NO.
1

2

3

PROJ. NO. : C025018K

A landscape warranty shall be provided for all installed landscaping which at a minimum shall include the following: (1) one year for trees/

DATE :

07.13.2020

palms, (90) ninety days for all shrubs, groundcover and sod.

DESIGNED : TAS/ JER

Soil testing shall be provided by the landscape contractor to confirm ph and soil nutrient composition throughout the project. Based on these tests, contractor shall determine if any soil amendments or additional fertilization will be needed for successful plant of sod establishment.

Current ANSI A300 standards are to be utilized for all tree planting and pruning. The appropriate approved ANSI model for planting with the stock type shall be utilized (bagged and burlapped versus container stock).

All mechanical equipment located at ground level shall be screened in accordance with 11.2.7.e.3.v.-vi.

CHECKED :

JER

ALL CONCEPTS, LAYOUTS, DELINEATIONS AND PLANS DEPICTED BY THIS DRAWING ARE THE PROPERTY OF HARDEMAN KEMPTON & ASSOCIATES, INC., AND WERE DEVELOPED FOR THIS SPECIFIC PROJECT. THESE CONCEPTS, LAYOUTS, PLANS AND DELINEATIONS ARE NOT TO BE TRANSFERRED TO ANY PERSON, FIRM, OR CORPORATION FOR ANY PURPOSE WHATSOEVER WITHOUT THE WRITTEN APPROVAL OF HARDEMAN KEMPTON & ASSOCIATES, INC.

THIS PLAN IS NOT VALID UNLESS S IGN ED , D AT ED & R AISED SEA L AFFIXED OR PERMANENT INK SEAL
SHEET:

L2.1

Exhibit B

Landscape Scope Sheet

13

Lakewood Ranch Stewardship District Project: Waterside; Pine Warbler Place Landscape Scope

DATE: 8118120						
Quantity	Description	Size	Specifications	Unit Price	Extension	
12	Natchez Crape Myrtle	30gal	B/B Multi, 2" cal., 8'-10'ht. x 4'-5' sprd	$	400.00	$	4,800.00	
3	Sylvester Palm		BIB min. 14' ct Special Cut	$	1,650.00	$	4,950.00	
30	Live Oak		FG, 20-22'ht, 12-16'spr, 8"cal	$	1,500.00	$	45,000.00	
5	Adonidia Palm		Triple Trunk, 8'-10' c.t.	$	725.00	$	3,625.00	
20	Thryallis	3gal	16"-18" ht. x 14'-16' sprd. @ 30" o.c.	$	12.00	$	240.00	
53	Apostle's iris	3gal	16"-18" ht. x 14'-16' sprd. @ 30" o.c.	$	14.00	$	742.00	
102	Dwarf Variegated Schefflera	3gal	16"-18" ht. x 14'-16' sprd. @ 30" o.c.	$	12.00	$	1,224.00	
50	Bird of Paradise	15gal	30"-36" ht. x 30"-36" sprd. @ 48"o.c.	$	135.00	$	6,750.00	
9	Cardboard Palm	?gal	22"-26" ht. x 24"-26" sprd. @ 36" o.c.	$	62.00	$	558.00	
553	Bedding Plants By Season	6" pot	4" dia. pots@ 9" o.c.	$	5.00	$	2,765.00	
290	Bedding Plants By Season	6" pot	4" dia. Pots @ 9" o.c.	$	5.00	$	1,450.00	
190	Gold Mound Duranta	3gal	16"-18" ht. x 14'-16' sprd. @ 24" o.c.	$	12.00	$	2,280.00	
506	Green Island Ficus	3gal	16"-18" ht. x 14'-16' sprd. @ 24" o.c.	$	12.00	$	6,072.00	
400	Maui ixora	3gal	16"-18" ht. x 14'-16' sprd. @24" o.c.	$	12.00	$	4,800.00	
476	Parsoni Juniper	1gal	10"-12" ht. x 8"-10"sprd. @ 24" o.c.	$	12.00	$	5,712.00	
1252	Green Liriope	1gal	10"-12" ht. x 8"-10"sprd. @ 18" o.c.	$	5.00	$	6,260.00	
185	Variegated Confederate Jasmine	1gal	10"-12" ht. x 8"-10"sprd. @ 24" o.c.	$	5.00	$	925.00	
74	Zamia Pumila	3gal	16"-18" ht. x 1 4'-16' sprd. @ 24" o.c.	$	28.00	$	2,072.00	
				ALL TOTAL:	$ 100,225.00	

For LWRSD:	For SMR FARMS:
8-26-20

Garrett Hardy Maintenance Manager

Dale Crosby President

Exhibit C

Form of Change Order

14

CHANGE ORDER
No.: 	
Project:					 Date of Issuance: 		Effective Date: 	

Owner:		 Owner’s Contract No.: 	
Contractor: 	Engineer: 	

Increase in contract scope

You are requested to make the following changes in the Contract Documents. Description:

Additional landscape maintenance services required.

Exhibit A contract scope

Reason for Change Order: Attachments:

Change in Contract Price
Original Contract Price

$ 	

Change in Contract Times
Original Contract Times

Substantial Completion: 	 Ready for Final Payment: 	
days or dates

Net changes from previous Change Orders No.

To No. 	

Net changes from previous Change Orders No.

To No.

$ 	
days

Contract Price prior to this Change Order

$ 	

Contract Times prior to this Change Order

Substantial Completion: 	 Ready for Final Payment: 	
days or dates

Net Increase (decrease) of this Change Order
$ 	

Net Increase (decrease) of this Change Order

days

Contract Price with all approved Change Orders

$ 	

Contract Times with all approved Change Orders

Substantial Completion: 	 Ready for Final Payment: 	
days or dates

Recommended:	Approved:	Accepted:	
By: 		By: 		By: 		
Maintenance Manager or Operations Director	Stewardship District Board of Supervisors	Contractor	
Date: 		Date: 		Date: 		

LAKEWOOD RANCH STEWARDSHIP DISTRICT

First Amendment to Agreement between the District and VGlobalTech for Website Maintenance Services

FIRST ADDENDUM TO THE AGREEMENT BETWEEN THE LAKEWOOD RANCH STEWARDSHIP DISTRICT AND NEWAGETUTORS LLC, D/B/A VGLOBALTECH, FOR WEBSITE AUDITING, REMEDIATION, AND MAINTENANCE SERVICES

This First Addendum (“First Addendum”) is made and entered into this 4th day of September, 2020, by and between:

LAKEWOOD RANCH STEWARDSHIP DISTRICT, a local unit of special-purpose government, established and existing pursuant to Chapter 2005-338, Laws of Florida, with a mailing address of 12051 Corporate Boulevard, Orlando, Florida 32817 (the "District"), and
NEWAGETUTORS LLC, D/B/A VGLOBALTECH, a Florida limited liability company, with a mailing address of 636 Fanning Drive, Winter Springs, Florida 32708 ("Contractor" and, together with the District, the “Parties”).
RECITALS

WHEREAS, the District and the Contractor entered into that Agreement between the Lakewood Ranch Stewardship District And NewAgeTutors LLC, D/B/A VGlobalTech, for Website Auditing, Remediation and Maintenance Services, dated October 4, 2019 (the “Agreement”), incorporated herein by this reference; and

WHEREAS, Section 10(M) of the Agreement provides that the Agreement may be amended by an instrument in writing executed by both Parties; and

WHEREAS, the Parties desire to amend the Agreement to provide for additional services including additional maintenance, website hosting and e-mail hosting and related support, as more particularly described in Contractor’s proposal for services attached hereto as Exhibit A and incorporated herein by this reference; and

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

NOW, THEREFORE, based upon good and valuable consideration and the mutual covenants of the Parties, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

SECTION 1. RECITALS; DEFINITIONS. The recitals  stated  above are true and  correct  and by this reference are incorporated into and form a material part of this First Addendum. Capitalized terms not otherwise defined herein shall have the meaning as defined in the Agreement.

SECTION 2. AFFIRMATION OF  THE  AGREEMENT.  The District and Contractor agree  that nothing contained herein shall alter or amend the Parties’ rights and obligations under the Agreement, except to the extent set forth in Section 3 of this First Addendum. The Agreement is hereby affirmed and continues to constitute a valid and binding agreement between the Parties, including but not limited to provisions regarding ADA and WCAG standards, public records, indemnification, and sovereign immunity. To the extent any of the provisions of this First Addendum or the Agreement conflict with the provisions of Exhibits A attached hereto, this First Addendum and the Agreement shall control.

SECTION 3. AMENDMENTS. Pursuant to Section 10(M) of the Agreement,  the  Agreement is hereby amended as follows:

The Agreement is hereby amended to add additional Services pursuant to Contractor’s proposal attached hereto as Exhibit A. Such Services shall also include hosting and maintaining the District’s website consistent with current ADA and WCAG standards, as such terms are defined in the Agreement, including but not limited to:

provide assistive support via telephone and/or email up to ten (10) hours per month, including regularly corresponding with the District staff regarding remediated documents, providing updates to the Website, and providing recommendations of remedial actions, as needed. Notwithstanding the foregoing, the District may request that Contractor attend a conference call or an in-person meeting of the District to review metrics, results and summaries of maintenance performed to-date;

remediate new documents identified by the District to accessible formats for assistive technologies, as needed, including new agenda materials;

provide and update Contractor’s Compliance Shield and Accessibility Policy, which may need to be updated from time to time, for display and use on the Website;

provide secure “https” certification and provide premium, secure “cloud” hosting with fail-over, automated, and regular back-up measures to ensure continued functionality and accessibility of the Website (collectively, “Hosting”). Hosting shall also include, but not be limited to, unlimited file space, bandwidth, fast website response, and 99.9% website uptime;

providing an e-mail account and an archiving system which will allow the District, its supervisors, staff or representatives, to respond to public records requests and maintain e-mails in compliance with applicable records retention law;

providing any and all other efforts reasonably necessary to allow the District to receive the maximum benefit of the additional Services contemplated by this First Addendum and the Agreement.

Compensation for the services shall be amended in accordance with Exhibit A.

Such payment shall be due and payable in accordance with the terms of the Agreement.

All additional services provided pursuant to this First Addendum shall meet the ADA and WCAG standards, as such terms are defined in the Agreement.

SECTION 4.	EFFECTIVE DATE. This First Addendum shall be effective upon execution by both Parties hereto, effective as of the date and year first written above.

IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be executed the day and year first above written.

Attest	LAKEWOOD RANCH STEWARDSHIP DISTRICT

Secretary	Chairman, Board of Supervisors

Witness:	NEWAGETUTORS LLC, a Florida Limited Liability Company, d/b/a VGlobalTech

Signature of Witness	Name: Vaibhav V. Joshi
Title:	Manager

Print Name

Exhibit A:	Scope of Additional Services

EXHIBIT A

Website Maintenance Proposal For

Lakewood Ranch Stewardship District

Date	Version#	Comments	Author	
June 25, 2020	1.0	Created Proposal	VB Joshi	

VGlobalTech is the ADA, WCAG Compliance Expert and leading Web design company, with over 300 ADA & WCAG compliant websites created (….and counting) to-date! We have partnered with a non-profit agency to conduct Human Audit and Certification Seal.
Visit https://vglobaltech.com/website-compliance/ for details.

COPYRIGHT ©: This proposal and the contents within this document are solely created by VGlobalTech team for its customers and cannot be reproduced, copied, modified or distributed (including forwarding to other customers, competitors, web designers etc.) without the written consent of VGlobalTech. VGlobalTech company holds Intellectual Property* details along with company software details that must not be shared with others without the written permission of the company. The proposal and software details are customized for the requesting customer and cannot be applied to any other customer / asset / solution. This document does not apply to a case if it is not exclusively sent to you by VGlobalTech upon request.
Any violations are punishable under the law and shall be prosecuted.

* VGlobalTech has developed unique ADA and WCAG compliance expertise, optimized website templates, compliance multi-step procedure and quality control, document conversion software
and test procedures. Contact us for details of VGlobalTech’s Intellectual Property.

Table of Contents
Pricing	4
Monthly Maintenance, Hosting and Email Support	4
2.0	Proposal Acceptance:	6

Pricing
Monthly Maintenance, Hosting and Email Support

Maintenance contract is required for VGlobalTech’s proprietary document conversion software (PDF to RTF) to be used that allows faster, accurate and batch processing for document conversion.

	Task	
1.	Full content upload support to regularly keep site updated (includes all documents, audit reports, agendas, meeting minutes, events etc). Update turnaround time – less than 24 hrs from customer sending the content and documents to be updated to VGT team.	
2.	PDF Documents conversion (to Text, HTML etc) as needed (new documents during the maintenance year only) for ADA Compliance / Reader Compliance. VGlobalTech’s proprietary batch conversion software shall be used by our team for faster batch-conversion processing as long as the contract is valid (big time saver that creates compliant documents that can be uploaded to the website). If Auto conversion fails, VGlobalTech team shall perform manual OCR and conversion within 24 hrs.	
3.	Email accounts setup and support	
	
Total Monthly Maintenance with full content upload, document conversion:
$125 / month

*support beyond 10 hrs. / month / CDD shall be billed at $55 / hr. separately (VGlobalTech team shall be responsible to track and report hours exceeded, if any)
***Monthly maintenance must be paid before the 10th of every month	

This proposal includes following points, stipulations terms and conditions:
*(1) conference call or in person meetings per month with client to review metrics, results and monthly recaps *unless otherwise noted
* email and phone communication
*Anything out of the scope of work in the above proposal will be addressed and client will be immediately notified. After notification of additional work, a subsequent quote will be provided to cover that work.
*Client is responsible to adhering to timelines as far as information required to complete the task is concerned. If timelines are not adhered to and exceed 15 business days past the current marketing months, last day, all work will end. A new month with new allocated costs will be presented for future work to commence. No refunds and owed work will be due unless otherwise agreed upon. An Invoice will be provided once signature approval of this project proposal. Payments will be made to VGLOBALTECH
*Client is responsible for verifying quality of work, providing feedback, verifying that compliance has been met as required. VGlobalTech team shall not be responsible for any legal ramifications arising from work not done as per external agencies / organizations / associations needs if
proper feedback is not provided by the customer. VGlobalTech’s work will be in best faith but cannot guarantee all compliance / legal needs since we are not the final authority in the ADA or WCAG compliance area. VGlobalTech shall not be liable for any legal ramifications arising from compliance issues and cannot be held responsible for any legal or other lawsuits.
Refund Policy: The client may halt work and request for a refund within seven days of the date of signing this services agreement by mailing a signed letter to the main address listed on www.VGlobalTech.com website. If client requests a refund within seven days of the date of signing their agreement, they shall be liable to pay for all work completed and will be refunded the remaining balance of the initial payment if billable work has not exceeded a charge that would be greater than client’s initial payment. If client requests a refund after the seven days from the date of the signing of the agreement client is liable to pay for all work completed plus an additional 25% of any remaining balance that may still be due. Once line item projects are complete no refunds will be issued. Confidentiality: All information between client and service provider inclusive of technical and business information relating to proprietary ideas, patentable ideas and/or trade secrets, existing and/or contemplated products and services, research and development, production, costs, profit and margin information, finances and financial projections, customers, clients, marketing, and current or future business plans and models, regardless of whether such information is designated as “Confidential Information” at the time of its disclosure and will be treated as such and with absolute confidentiality and will
not be shared or used, which will be maintained at all times. The client is not allowed to disclose their price with any third parties. Doing so is in breach of this agreement. All information development will be shared and proprietary information and property between client and service providers.

Proposal Acceptance:

The VGlobalTech proposed solution and terms have been accepted by the customer and the VGlobalTech can proceed with the project. All payments shall be made according to this agreement.

Website, Monthly Maintenance w/ Hosting and Email support

Signatures:

For Customer	Date

VB Joshi

For VGlobalTech	Date

LAKEWOOD RANCH STEWARDSHIP DISTRICT

First Amendment to Agreement between the District and PFM for District Management Services

FIRST ADDENDUM TO DISTRICT MANAGEMENT AGREEMENT

This First Addendum to District Management Agreement (“Addendum”), is made and entered into as of this 4th day of September, 2020 (the “Effective Date”), by and between Lakewood Ranch Stewardship District, a local unit of special-purpose government established pursuant to Chapter 2005-338, Laws of Florida, located in Manatee and Sarasota Counties, Florida (the “District’), and PFM Group Consulting LLC (“Consultant”).

RECITALS

WHEREAS, the District and Consultant entered into that certain District Management Agreement dated June 5, 2020 (the “Agreement”);

WHEREAS, the District and the Consultant desire to amend the District Management Services set forth in Exhibit A of the Agreement (“Exhibit A”) and accordingly adjust the monthly compensation due to Consultant as set forth in Exhibit B of the Agreement (“Exhibit B”), as further described in this Addendum; and

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

NOW, THEREFORE, based on good and valuable consideration and mutual covenants of the parties, the receipt of which and sufficiency of which is hereby acknowledged, the District and the Consultant agree as follows:

RECITALS. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Addendum.

AMENDMENT TO SCOPE OF SERVICES. The following services from the Agreement’s Exhibit A – Scope of Services, Section I. General Management Services are amended as follows (underline language added; strikethrough deleted):
The Manager will, either directly or ensure the District contracts with a third-party, for (i) the maintenance of maintain the District’s website in compliance with applicable law and (ii) ensure an e-mail system is in place which provides a separate “CDD e-mail address” for all Board members with an archiving system which will allow Manager to respond to public records requests and maintain e-mails in compliance with applicable records retention law.

AMENDMENT TO COMPENSATION. The first paragraph of the Agreement’s Exhibit B – Compensation for Services shall be amended as follows (underline language added; strikethrough deleted):

If the District directly contracts with a third-party for the website and email services listed below, Manager shall not charge District the fees set forth below.

AFFIRMATION OF AGREEMENT. Except as specifically amended above, the Agreement shall remain in full force and effect, unaltered by this Addendum.

IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be executed the day and year first above written.

Attest:	LAKEWOOD RANCH STEWARDSHIP DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Witness:	PFM GROUP CONSULTING LLC

Signature of Witness	Name:  	
Title:    	

Print Name of Witness

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Financial Matters

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Draw Requests

(provided under separate cover)

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Compilation Report

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Staff Reports

LAKEWOOD RANCH STEWARDSHIP DISTRICT

Specific Authorization No. 118

Stantec Consulting Services Inc. 6900 Professional Parkway East Sarasota FL 34240-8414
Tel: (941) 907-6900
Fax: (941) 907-6910

August 10, 2020

Lakewood Ranch Stewardship District 14400 Covenant Way
Lakewood Ranch, Florida 34202

Attn:	Mr. Rex Jensen
Chairman

Reference: Specific Authorization No. 118
Services Associates with the Lakewood Ranch Stewardship District Lakewood Centre CORE Roadways

Dear Mr. Jensen:

Via: E-Mail

As requested, enclosed is Exhibit B118 for services to prepare a Master Development Plan; FDOT Plan; SWFWMD Plan; Final Site Plan, and Construction Plans along with permitting services for the proposed Development infrastructure within Parcels I & J of the Lakewood Centre DRI at Lakewood Ranch.

This Specific Authorization (S.A.) includes the Master Planning and FDOT driveway permitting for the entire project as well as Phase 1 construction plans. The master planning effort will include geometry computation, stormwater concept, wastewater concept and transportation analysis. Final Site Plan, Construction Plans; FDOT drainage connection plans and Environmental Resource Permits will be applied for to accommodate the first of 3 phases of the project. A FDOT driveway access permit will be applied for to account for all 4 project driveways.

Should you have any questions regarding this matter, please contact our office. Sincerely,

Robert A. Engel, PE
District Engineer/Senior Principal

Stantec Consulting Services Inc.

Keith E. Litzell, PE
Senior Project Manager
Tel: (941) 907-6900	Tel: (941) 907-6900
E-Mail: keith.litzell@stantec.com	E-Mail: rob.engel@stantec.com

Enclosure

Revised Exhibit A118 to General Provisions Attached to Agreement for Services Between Owner and Engineer
Dated September 29, 2005

Specific Authorization No. 118 Exhibit B118

Lakewood Centre CORE Roadways August 10, 2020

Further Description of Basic Engineering Services and Related Matters

Description of Work

Work includes the preparation of Construction Plans for roadways. Plans will be prepared in one (1) plan set and it is assumed that the project will be constructed in one phase. Completed plans will be provided to the Owner.
Please see Attachment A

Items to be furnished by Owner or Owners Consultant
Please see Attachment B

Definition of Work Products
Construction Plans (one set of plans)

Schedule
Please see Attachment C

Fee Proposal
Please see Attachment D

Accepted this 	day of 	, 2020.

Mr. Rex Jensen Chairman
Lakewood Ranch Stewardship District 14400 Covenant Way
Lakewood Ranch, Florida 34202

Revised Exhibit A118 to General Provisions Attached to Agreement for Services Between Owner and Engineer
Dated September 29, 2005

ATTACHMENT A – B118

Lakewood Centre CORE Roadways

Task 210 – Topographic Survey

Stantec has been asked to coordinate with the geotechnical consultant Driggers and provide double lath stakeout for 14 hand-auger and 4 standard penetration locations with elevations for geotechnical testing services. We are therefore requesting an increase to this task in the amount of
$2,800 bringing the new total for this Fixed Fee task to $36,500.

Task 220 – Plan and Permit Prep (Phase 1)
An increase to this task is requested to facilitate the following efforts:
Relocation of the required drainage easement outside of the PRECO utility easement.
Design a dry detention pond to accept FDOT runoff and discharge into adjacent wetland. This effort includes stormwater calculations and ICPR stormwater modeling efforts in compliance with FDOT.
Address plan revisions related to new FDOT comments after previous approval was given, this includes the addition of a formal traffic maintenance plan to the plan set.

Task 230 – Permit Processing (Phase 2)

Due to ongoing permitting efforts with Manatee County Public Works, we have exceeded the budget and are requesting an additional $8,000 be added to the task bringing the total for this T/M* task to $51,500.

Task 240 – FDOT Plan and Permit Prep (Phase 1)

Due to ongoing permitting efforts with the Florida Department of Transportation. we have exceeded the budget and are requesting an additional $8,000 be added to the task bringing the total for this T/M* task to $66,400.

Task 250 – Construction Phase Services (Phase 1)

We have exceeded the budget for the above task due to ongoing efforts related to the FDOT Lake Shared Use Agreement and the SWFWMD recent request for an additional separate record drawing and certification of the permit modification related to the removal of Lake 10. We are therefore requesting an increase to this T/M* task in the amount of $5,000 bringing the total for this task to
$62,000.

Task 950 – Project Expenses
Expenses and labor costs for copying and transmittal of electronic files, blueprinting, reproduction services, color graphics, local deliveries, and overnight express delivery services shall be payable under this task.
(hereinafter called the “SERVICES”)

Exhibit A118 to General Provisions Attached to Agreement for Services Between Owner and Engineer Dated September 29, 2005

ATTACHMENT B – 118

Lakewood Centre CORE Roadways

B.1	Roadway, Drainage and Utility Construction Plans As-Builts prepared by the Owner’s consultant (Atkins) in electronic format (AutoCAD and PDF)

B.2

Exhibit A118 to General Provisions Attached to Agreement for Services Between Owner and Engineer Dated September 29, 2005

ATTACHMENT C – Lorraine Road (Waterside Boundary to Fruitville Road) SCHEDULE

Task	Service	Start	Finish	
525	Plat Processing	TBD	1 month	
		TBD	2 months	

Note:	Start dates schedule are to be determined by the CLIENT.

Exhibit A118 to General Provisions Attached to Agreement for Services Between Owner and Engineer Dated September 29, 2005

ATTACHMENT D – 118

Lakewood Centre CORE Roadways

Task	Services	Fee Type	Fee Amount	
210	Topographic Survey	Fixed	$ 2,800	
220	Plan & Permit Prep	T/M*	(est.) $ 10,500	
230	Permit Processing	T/M*	(est.) $ 8,000	
240	FDOT Plan & Permit Prep	T/M*	(est.) $ 8,000	
250	Construction Phase Services	T/M*	(est.) $ 5,000	
950	Reimbursable Expenses	T/M*	(est.) $	500	
	Total		$ 34,800	

SCHEDULE OF FEES
Effective January 1, 2020

Staff Level	Rate	
Level 3	$ 98.00	
Level 4	$ 108.00	
Level 5	$ 123.00	
Level 6	$ 127.00	
Level 7	$ 132.00	
Level 8	$ 143.00	
Level 9	$ 149.00	
Level 10	$ 154.00	
Level 11	$ 165.00	
Level 12	$ 174.00	
Level 13	$ 183.00	
Level 14	$ 192.00	
Level 15	$ 204.00	
Level 16	$ 225.00	
Level 17	$ 232.00	
Level 18	$ 239.00	
Level 19	$ 248.00	
Level 20	$ 258.00	
Level 21	$ 274.00	
1 Person Field Crew	$ 95.00	
2 Person Field Crew	$ 135.00	
3 Person Field Crew	$ 155.00	
4 Person Field Crew	$ 175.00	

Unit billings, such as printing and survey materials, will be billed at standard rates. All other out-of- pocket expenses will be billed at cost +10%.

August 20, 2020

File:	215615146 240

Stantec Consulting Services Inc. 6900 Professional Parkway East Sarasota FL 34240-8414
Tel: (941) 907-6900
Fax: (941) 907-6910

Via: E-Mail (rex.jensen@smrranch.com)

Lakewood Ranch Stewardship District 14400 Covenant Way
Lakewood Ranch, FL 34202

Attn:	Mr. Rex Jensen
Chairman of the Board

Reference:	Blue Lake Road
Contract Recommendation

Dear Mr. Jensen:

On July 31, 2020, we received and opened seven bids from Lakewood Ranch Stewardship District’s pre- qualified firms for the Blue Lake Road project. We received bids from E.T. MacKenzie of Florida, Inc., Frederick Derr & Company Inc., Ryangolf Corporation, Woodruff & Sons, Inc., Westra Construction Corp, RIPA & Associates, and Watson Civil Construction. Attached is a tabulation of the bids received.

Ryangolf Corporation submitted the lowest Base Bid for $5,022,550.19. We have reviewed the bid package provided and determined that it is responsive, and we find the Contractor acceptable to perform the work on this project based on the information received.

Therefore, we recommend that Lakewood Ranch Stewardship District award the contract to Ryangolf Corporation for the total bid of $5,022,550.19.
If you have any questions or comments, please contact our office. Sincerely,

Stantec Consulting Services Inc.

Robert A. Engel, P.E.
Assistant District Engineer/ Senior Principal
Tel: (941) 907-6900
E-Mail: rob.engel@stantec.com

Enclosure

Approved by LWRSD Board

C:	Bob Simmons, LWR Development LLC	 	 Mike Blackrick, LWR Development LLC
Roger Aman, LWR Development LLC
Kathy Horn, LWR Development LLC	 	
Date

08/20/2020 - JVEGA
V:\2156\active\215615146\admin\documents\final_document\letter\let_r-jensen_lwrsd_blue-lake-rd_bid-award-rcmndtn_ryangolf_kel_rae_20200820.docx

Bid Tabulation Blue Lake Road

	Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Blue Lake Road 								
Excavation	$826,883.44	$1,039,743.58	$963,944.00	$1,168,350.75	$1,086,402.67	$1,013,389.75	$1,244,513.55	
Potable Water	$35,820.25	$26,351.00	$16,715.00	$37,924.40	$38,656.41	$39,465.00	$20,439.00	
Sanitary Sewer	$21,979.00	$20,435.00	$9,812.00	$20,556.00	$18,121.17	$29,842.00	$13,913.00	
Drainage	$846,707.50	$753,648.25	$744,710.00	$783,308.75	$814,426.31	$871,295.00	$808,983.00	
Roadways & Pavement	$2,266,110.00	$2,318,772.17	$2,502,450.00	$2,465,335.35	$2,422,577.04	$2,717,763.70	$2,819,826.65	
General	$1,025,050.00	$1,011,050.00	$957,810.00	$950,956.00	$1,056,072.66	$1,234,000.00	$1,406,265.00	

Total	$5,022,550.19	$5,170,000.00	$5,195,441.00	$5,426,431.25	$5,436,256.26	$5,905,755.45	$6,313,940.20	

8/12/2020-11:32 AM
V:\2156\active\215615146\civil\specification\bid_tab\bid-tab_blue_lake_rd.xlsx-Cost  Summary	1 of 7

Blue Lake Road

Excavation			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	

Clearing & Grubbing	
50	
AC	
$1,300.00	
$64,740.00	
$2,000.00	
$99,600.00	
$895.00	
$44,571.00	
$2,190.00	
$109,062.00	
$887.19	
$44,182.06	
$1,400.00	
$69,720.00	
$1,300.00	
$64,740.00	
Silt Fence	35,960	LF	$1.75	$62,930.00	$1.45	$52,142.00	$1.50	$53,940.00	$2.85	$102,486.00	$1.32	$47,467.20	$1.20	$43,152.00	$2.00	$71,920.00	
Excavation Lake 1 (insitu measure)	35,237	CY	$2.90	$102,187.30	$3.50	$123,329.50	$3.90	$137,424.30	$3.55	$125,091.35	$3.48	$122,624.76	$4.75	$167,375.75	$4.15	$146,233.55	
	43,638	CY	$2.90	$126,550.20	$3.50	$152,733.00	$4.00	$174,552.00	$3.65	$159,278.70	$3.48	$151,860.24	$5.00	$218,190.00	$4.15	$181,097.70	
Excavation Lake 4 (insitu measure)																	
Muck Excavation (unsuitable soils)	5,000	CY	$3.25	$16,250.00	$4.65	$23,250.00	$6.00	$30,000.00	$7.85	$39,250.00	$4.48	$22,400.00	$6.10	$30,500.00	$10.00	$50,000.00	
Grading (including 63,100 CY of place and compact compacted measure, lake bank, roadway, return slopes, and all final grading to complete project EXCEPT SWALES)	

1	

LS	

$82,500.00	

$82,500.00	

$145,000.00	

$145,000.00	

$133,600.00	

$133,600.00	

$147,385.00	

$147,385.00	

$209,820.10	

$209,820.10	

$130,000.00	

$130,000.00	

$172,000.00	

$172,000.00	
Excavation and grading of all swales (36,850 CY of excavation)	
1	
LS	
$67,500.00	
$67,500.00	
$125,000.00	
$125,000.00	
$20,520.90	
$20,520.90	
$95,690.00	
$95,690.00	
$127,932.95	
$127,932.95	
$21,000.00	
$21,000.00	
$147,900.00	
$147,900.00	
Sod ROW, Common Areas	100,000	SY	$1.89	$189,000.00	$1.98	$198,000.00	$2.30	$230,000.00	$2.45	$245,000.00	$2.16	$216,000.00	$2.10	$210,000.00	$2.45	$245,000.00	
Sod, Lakes	3,692	SY	$1.89	$6,977.88	$1.98	$7,310.16	$2.30	$8,491.60	$2.45	$9,045.40	$2.16	$7,974.72	$2.10	$7,753.20	$2.55	$9,414.60	
Sod, Swales & Berm	51,454	SY	$1.89	$97,248.06	$1.98	$101,878.92	$2.30	$118,344.20	$2.45	$126,062.30	$2.16	$111,140.64	$2.20	$113,198.80	$2.55	$131,207.70	
Seed & Mulch (including for temporary conveyance)	50,000	SY	$0.22	$11,000.00	$0.23	$11,500.00	$0.25	$12,500.00	$0.20	$10,000.00	$0.50	$25,000.00	$0.05	$2,500.00	$0.50	$25,000.00	

Excavation Grand Total =	
$826,883.44	
$1,039,743.58	
$963,944.00	
$1,168,350.75	
$1,086,402.67	
$1,013,389.75	
$1,244,513.55	

Blue Lake Road

Potable Water			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	

8" PVC (DR-18) Water Main	
127	
LF	
$35.75	
$4,540.25	
$53.00	
$6,731.00	
$27.00	
$3,429.00	
$57.20	
$7,264.40	
$50.50	
$6,413.50	
$45.00	
$5,715.00	
$32.00	
$4,064.00	
Temp Blow Off	2	EA	$1,550.00	$3,100.00	$1,250.00	$2,500.00	$930.00	$1,860.00	$2,415.00	$4,830.00	$878.32	$1,756.64	$1,300.00	$2,600.00	$650.00	$1,300.00	
Adjust to Grade 24" Gate Valve	5	EA	$800.00	$4,000.00	$260.00	$1,300.00	$253.00	$1,265.00	$715.00	$3,575.00	$925.85	$4,629.25	$1,200.00	$6,000.00	$345.00	$1,725.00	
Adjust to Grade 12" Gate Valve	1	EA	$700.00	$700.00	$250.00	$250.00	$253.00	$253.00	$715.00	$715.00	$925.85	$925.85	$950.00	$950.00	$325.00	$325.00	
Adjust to Grade 8" Gate Valve	8	EA	$700.00	$5,600.00	$240.00	$1,920.00	$253.00	$2,024.00	$715.00	$5,720.00	$925.85	$7,406.80	$800.00	$6,400.00	$325.00	$2,600.00	
Adjust to Grade Fire Hydrant Assembly	5	EA	$1,625.00	$8,125.00	$1,150.00	$5,750.00	$1,120.00	$5,600.00	$1,875.00	$9,375.00	$2,314.47	$11,572.35	$1,300.00	$6,500.00	$855.00	$4,275.00	
Chlorination & Pressure Testing	1	LS	$1,600.00	$1,600.00	$1,900.00	$1,900.00	$448.00	$448.00	$3,720.00	$3,720.00	$2,198.43	$2,198.43	$1,800.00	$1,800.00	$1,025.00	$1,025.00	
Connect to Existing	2	EA	$3,250.00	$6,500.00	$3,000.00	$6,000.00	$710.00	$1,420.00	$1,200.00	$2,400.00	$1,017.70	$2,035.40	$3,500.00	$7,000.00	$2,100.00	$4,200.00	
Potable Water Main Fittings	1	LS	$1,655.00	$1,655.00	$0.00	$0.00	$416.00	$416.00	$325.00	$325.00	$1,718.19	$1,718.19	$2,500.00	$2,500.00	$925.00	$925.00	

Potable Water Grand Total =	
$35,820.25	
$26,351.00	
$16,715.00	
$37,924.40	
$38,656.41	
$39,465.00	
$20,439.00	

Blue Lake Road

Sanitary Sewer			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	

6" PVC Forcemain (DR25)	
164	
LF	
$26.00	
$4,264.00	
$35.00	
$5,740.00	
$20.00	
$3,280.00	
$35.25	
$5,781.00	
$24.09	
$3,950.76	
$53.00	
$8,692.00	
$17.00	
$2,788.00	
6" Gate Valve & Cap Force Main	2	EA	$1,925.00	$3,850.00	$1,600.00	$3,200.00	$1,210.00	$2,420.00	$1,040.00	$2,080.00	$2,014.60	$4,029.20	$2,100.00	$4,200.00	$1,600.00	$3,200.00	
Adjust to Grade Air Release Valve	3	EA	$1,240.00	$3,720.00	$2,350.00	$7,050.00	$345.00	$1,035.00	$1,235.00	$3,705.00	$1,143.82	$3,431.46	$1,700.00	$5,100.00	$730.00	$2,190.00	
Adjust to Grade 12" Gate Valve	3	EA	$685.00	$2,055.00	$240.00	$720.00	$253.00	$759.00	$715.00	$2,145.00	$917.15	$2,751.45	$950.00	$2,850.00	$325.00	$975.00	
Connect to Existing Forcemain	2	EA	$3,245.00	$6,490.00	$1,500.00	$3,000.00	$740.00	$1,480.00	$2,195.00	$4,390.00	$1,685.69	$3,371.38	$2,000.00	$4,000.00	$1,930.00	$3,860.00	
Sanitary Sewer Testing	1	LS	$1,600.00	$1,600.00	$725.00	$725.00	$838.00	$838.00	$2,455.00	$2,455.00	$586.92	$586.92	$5,000.00	$5,000.00	$900.00	$900.00	

Sanitary Sewer Grand Total=	
$21,979.00	
$20,435.00	
$9,812.00	
$20,556.00	
$18,121.17	
$29,842.00	
$13,913.00	

Blue Lake Road

Drainage			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	

15" RCP	
188	
LF	
$35.00	
$6,580.00	
$35.25	
$6,627.00	
$37.00	
$6,956.00	
$44.75	
$8,413.00	
$44.66	
$8,396.08	
$70.00	
$13,160.00	
$45.00	
$8,460.00	
18" RCP	2,200	LF	$46.75	$102,850.00	$46.25	$101,750.00	$45.00	$99,000.00	$49.85	$109,670.00	$50.15	$110,330.00	$49.00	$107,800.00	$52.40	$115,280.00	
24" RCP	765	LF	$66.00	$50,490.00	$56.25	$43,031.25	$59.00	$45,135.00	$70.60	$54,009.00	$62.28	$47,644.20	$60.00	$45,900.00	$64.50	$49,342.50	
30" RCP	125	LF	$88.00	$11,000.00	$74.25	$9,281.25	$75.00	$9,375.00	$90.65	$11,331.25	$84.44	$10,555.00	$80.00	$10,000.00	$88.00	$11,000.00	
FDOT Type 6 Inlet	44	EA	$4,700.00	$206,800.00	$4,750.00	$209,000.00	$4,250.00	$187,000.00	$4,510.00	$198,440.00	$4,685.37	$206,156.28	$5,000.00	$220,000.00	$3,865.00	$170,060.00	
Valley Gutter Inlet	16	EA	$3,400.00	$54,400.00	$3,600.00	$57,600.00	$3,590.00	$57,440.00	$3,365.00	$53,840.00	$3,845.32	$61,525.12	$4,000.00	$64,000.00	$3,550.00	$56,800.00	
Grate Inlet Type G	12	EA	$3,150.00	$37,800.00	$3,400.00	$40,800.00	$2,715.00	$32,580.00	$3,100.00	$37,200.00	$2,965.17	$35,582.04	$4,500.00	$54,000.00	$3,855.00	$46,260.00	
Control Structure - Bubble Box	8	EA	$3,350.00	$26,800.00	$3,300.00	$26,400.00	$2,560.00	$20,480.00	$3,685.00	$29,480.00	$3,667.20	$29,337.60	$3,700.00	$29,600.00	$4,300.00	$34,400.00	
Single Grate Control Structure	1	EA	$3,450.00	$3,450.00	$6,800.00	$6,800.00	$3,045.00	$3,045.00	$4,655.00	$4,655.00	$3,726.68	$3,726.68	$4,300.00	$4,300.00	$3,650.00	$3,650.00	
Rip-Rap 20 lb Min Complete w/ Filter Fabric (for pipe e	250	SY	$74.25	$18,562.50	$57.25	$14,312.50	$77.00	$19,250.00	$41.65	$10,412.50	$79.60	$19,900.00	$82.00	$20,500.00	$47.50	$11,875.00	
Rip-Rap 20 lb Min Complete w/ Filter Fabric (for Swale	1,000	SY	$74.25	$74,250.00	$57.25	$57,250.00	$67.00	$67,000.00	$41.65	$41,650.00	$79.70	$79,700.00	$75.00	$75,000.00	$47.50	$47,500.00	
15" Endwall (Includes Riprap and Filter Fabric)	1	EA	$2,625.00	$2,625.00	$1,400.00	$1,400.00	$1,590.00	$1,590.00	$1,520.00	$1,520.00	$2,188.70	$2,188.70	$4,100.00	$4,100.00	$2,400.00	$2,400.00	
18" Endwall (Includes Riprap and Filter Fabric)	3	EA	$2,925.00	$8,775.00	$1,450.00	$4,350.00	$1,765.00	$5,295.00	$1,565.00	$4,695.00	$2,375.32	$7,125.96	$4,200.00	$12,600.00	$2,450.00	$7,350.00	
Underdrain Cleanout	141	EA	$370.00	$52,170.00	$230.00	$32,430.00	$324.00	$45,684.00	$480.00	$67,680.00	$333.45	$47,016.45	$400.00	$56,400.00	$277.00	$39,057.00	
6" Underdrain	9,055	LF	$21.00	$190,155.00	$15.75	$142,616.25	$16.00	$144,880.00	$16.60	$150,313.00	$16.04	$145,242.20	$17.00	$153,935.00	$22.70	$205,548.50	

Drainage Grand Total =	
$846,707.50	
$753,648.25	
$744,710.00	
$783,308.75	
$814,426.31	
$871,295.00	
$808,983.00	

Blue Lake Road

Roadways & Pavement			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	
																
4" Thick Concrete Sidewalk (Common Areas Only)	767	SY	$32.40	$24,850.80	$34.00	$26,078.00	$30.00	$23,010.00	$26.95	$20,670.65	$32.27	$24,751.09	$34.00	$26,078.00	$39.02	$30,373.20	
1.25" FDOT Type SP 12.5 (Traffic B)	51,807	SY	$6.15	$318,613.05	$6.75	$349,697.25	$6.50	$336,745.50	$6.20	$321,203.40	$6.41	$332,082.87	$5.95	$308,251.65	$6.50	$336,745.50	
0.75" FDOT Type SP 9.5) (Traffic B	51,807	SY	$4.30	$222,770.10	$4.65	$240,902.55	$4.50	$233,131.50	$4.35	$225,360.45	$4.47	$231,577.29	$4.15	$214,999.05	$4.50	$233,131.50	
Mill Existing Asphalt and Overlay 20' beyond Existing EO	187	SY	$18.60	$3,478.20	$24.50	$4,581.50	$20.00	$3,740.00	$18.80	$3,515.60	$9.36	$1,750.32	$18.00	$3,366.00	$19.65	$3,674.55	
Mill Existing Asphalt and Overlay 20' beyond Existing EO	767	SY	$18.60	$14,266.20	$24.50	$18,791.50	$19.75	$15,148.25	$18.80	$14,419.60	$9.32	$7,148.44	$18.00	$13,806.00	$19.65	$15,071.55	
Mill Existing Asphalt and Overlay 20' beyond Existing EO	192	SY	$18.60	$3,571.20	$24.50	$4,704.00	$20.50	$3,936.00	$18.80	$3,609.60	$9.32	$1,789.44	$18.00	$3,456.00	$19.65	$3,772.80	
8" FDOT GROUP 6 BASE	51,807	SY	$11.50	$595,780.50	$13.50	$699,394.50	$13.00	$673,491.00	$12.80	$663,129.60	$11.48	$594,744.36	$13.50	$699,394.50	$15.75	$815,960.25	
12" Stabilized Subgrade LBR 60	57,738	SY	$6.90	$398,392.20	$5.00	$288,690.00	$9.00	$519,642.00	$7.90	$456,130.20	$7.76	$448,046.88	$11.00	$635,118.00	$9.90	$571,606.20	
Type "F" Drop Curb	62	LF	$13.25	$821.50	$13.75	$852.50	$14.00	$868.00	$20.10	$1,246.20	$14.85	$920.70	$32.00	$1,984.00	$13.40	$830.80	
Type "F" Curb Modified	3,558	LF	$9.00	$32,022.00	$9.25	$32,911.50	$9.00	$32,022.00	$7.80	$27,752.40	$10.49	$37,323.42	$10.50	$37,359.00	$9.10	$32,377.80	
Type 'F' Curb	22,477	LF	$9.90	$222,522.30	$10.90	$244,999.30	$10.00	$224,770.00	$12.45	$279,838.65	$11.43	$256,912.11	$12.00	$269,724.00	$10.25	$230,389.25	
1.5" FDOT Type SP 12.5 (Traffic B) - Multi-Use Trail	10,987	SY	$8.35	$91,741.45	$9.00	$98,883.00	$9.00	$98,883.00	$8.35	$91,741.45	$8.61	$94,598.07	$8.00	$87,896.00	$8.75	$96,136.25	
FPL/Lift Station and Multi-Use Trail FDOT Group 1 Base	12,247	SY	$8.00	$97,976.00	$8.25	$101,037.75	$7.50	$91,852.50	$9.05	$110,835.35	$10.23	$125,286.81	$8.50	$104,099.50	$11.25	$137,778.75	
FPL/Lift Station 12" Stabilized Subgrade LBR 40	14,125	SY	$7.25	$102,406.25	$4.50	$63,562.50	$7.25	$102,406.25	$8.65	$122,181.25	$6.96	$98,310.00	$10.50	$148,312.50	$11.50	$162,437.50	
2' Valley Gutter	8,075	LF	$9.85	$79,538.75	$10.00	$80,750.00	$10.00	$80,750.00	$8.50	$68,637.50	$11.60	$93,670.00	$10.50	$84,787.50	$11.10	$89,632.50	
20' Access Road 12" Stabilization ofSubgrade LBR 40	164	SY	$8.75	$1,435.00	$4.50	$738.00	$7.25	$1,189.00	$5.30	$869.20	$7.31	$1,198.84	$10.50	$1,722.00	$10.50	$1,722.00	
20' Concrete Drive - 6" Concrete reinforced with 6"x6"	55	SY	$45.90	$2,524.50	$51.50	$2,832.50	$50.00	$2,750.00	$35.35	$1,944.25	$50.66	$2,786.30	$62.00	$3,410.00	$59.75	$3,286.25	
Roadway Striping	1	LS	$50,000.00	$50,000.00	$55,940.82	$55,940.82	$53,615.00	$53,615.00	$49,150.00	$49,150.00	$64,172.46	$64,172.46	$60,000.00	$60,000.00	$51,000.00	$51,000.00	
Adjust Electirc Manhole and Handhole to Grade	1	LS	$600.00	$600.00	$575.00	$575.00	$1,000.00	$1,000.00	$2,000.00	$2,000.00	$2,636.09	$2,636.09	$9,000.00	$9,000.00	$900.00	$900.00	
Permanent Control Points	1	LS	$2,800.00	$2,800.00	$2,850.00	$2,850.00	$3,500.00	$3,500.00	$1,100.00	$1,100.00	$2,871.55	$2,871.55	$5,000.00	$5,000.00	$3,000.00	$3,000.00	

Roadways & Pavement Grand Total =	
$2,266,110.00	
$2,318,772.17	
$2,502,450.00	
$2,465,335.35	
$2,422,577.04	
$2,717,763.70	
$2,819,826.65	

Blue Lake Road

General			Ryan Golf	RIPA	ET MacKenzie	Frederick Derr	Woodruff & Sons	Watson Civil	Westra	
Item	Quantity	Unit	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	Unit Price	Total	

Mobilization	
1	
LS	
$75,000.00	
$75,000.00	
$40,000.00	
$40,000.00	
$53,850.00	
$53,850.00	
$56,325.00	
$56,325.00	
$95,847.41	
$95,847.41	
$300,000.00	
$300,000.00	
$452,000.00	
$452,000.00	
2" Conduit (Material & Install)	3,000	LF	$4.35	$13,050.00	$5.00	$15,000.00	$3.60	$10,800.00	$5.60	$16,800.00	$6.07	$18,210.00	$10.00	$30,000.00	$5.00	$15,000.00	
4" Conduit (Material & Install)	3,000	LF	$7.65	$22,950.00	$6.25	$18,750.00	$5.70	$17,100.00	$6.40	$19,200.00	$7.29	$21,870.00	$13.00	$39,000.00	$6.50	$19,500.00	
6" Conduit (Material & Install)	3,000	LF	$9.30	$27,900.00	$8.00	$24,000.00	$8.00	$24,000.00	$7.55	$22,650.00	$8.79	$26,370.00	$15.00	$45,000.00	$8.75	$26,250.00	
Construction Stakeout (as built data to be collected by Contractor and submitted to the Lakewood Ranch Stewardship District Engineer)	

1	

LS	

$85,000.00	

$85,000.00	

$89,000.00	

$89,000.00	

$102,285.00	

$102,285.00	

$68,850.00	

$68,850.00	

$90,564.18	

$90,564.18	

$10,000.00	

$10,000.00	

$94,000.00	

$94,000.00	
Demolition, per plan - Includes any demo work that needs to be done prior to clearing, i.e. removal of asphalt & curb, pipe, conduit, structures, fenceing, etc. not otherwise specified in Schedule of Values	

1	

LS	

$12,000.00	

$12,000.00	

$5,000.00	

$5,000.00	

$6,295.00	

$6,295.00	

$1,825.00	

$1,825.00	

$6,488.23	

$6,488.23	

$3,200.00	

$3,200.00	

$5,600.00	

$5,600.00	
General BMP and Inlet Protection	1	LS	$28,500.00	$28,500.00	$37,000.00	$37,000.00	$9,510.00	$9,510.00	$18,675.00	$18,675.00	$34,708.65	$34,708.65	$11,000.00	$11,000.00	$13,900.00	$13,900.00	
Temporary Emergency & Construction Entrance and Dust Control Measures	
1	
LS	
$4,250.00	
$4,250.00	
$11,000.00	
$11,000.00	
$6,370.00	
$6,370.00	
$2,610.00	
$2,610.00	
$32,496.67	
$32,496.67	
$55,000.00	
$55,000.00	
$9,750.00	
$9,750.00	
Performance & Payment Bond	1	LS	$48,000.00	$48,000.00	$51,500.00	$51,500.00	$43,200.00	$43,200.00	$57,860.00	$57,860.00	$26,186.10	$26,186.10	$50,000.00	$50,000.00	$40,300.00	$40,300.00	
Extended Warranty Bond	1	LS	$8,100.00	$8,100.00	$11,500.00	$11,500.00	$1,000.00	$1,000.00	$1.00	$1.00	$11,148.00	$11,148.00	$2,500.00	$2,500.00	$12,500.00	$12,500.00	
Street Lighting	1	LS	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	$683,300.00	
Street Lighting Sub-Consultant Management	1	LS	$17,000.00	$17,000.00	$25,000.00	$25,000.00	$100.00	$100.00	$2,860.00	$2,860.00	$8,883.42	$8,883.42	$5,000.00	$5,000.00	$34,165.00	$34,165.00	

General Grand Total=	
$1,025,050.00	
$1,011,050.00	
$957,810.00	
$950,956.00	
$1,056,072.66	
$1,234,000.00	
$1,406,265.00