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

Minutes - Board of Supervisor's Meeting
July 11, 2025, 9:00 a.m.

Attending and constituting a quorum:

Rex Jensen Tony Chiofalo John Gleeson
Glenda Robertson Also attending were:

Chair
Vice-Chair / Assistant Secretary Assistant Secretary
Assistant Secretary

Jane Gaarlandt Jennifer Glasgow Gazmin Kerr Kevin Plenzler Brent Wilder Jonathan Johnson Anne Ross Heather Ross Scott Almand Misty Taylor
Brett Sealy Sete Zare Bob Simons Tracy Caridi Laura Cole
Sanjay Dasnidar Rob Engel
Keith Litzell Scott Schuhle
Dominique Rosario

PFM Group Consulting LLC PFM Group Consulting LLC PFM Group Consulting LCC PFM Financial Advisors LLC PFM Financial Advisors LLC Kutak Rock
LWRSD LWRSD LWRSD MBO MBS MBA
LWR Development LWR Development SMR
SMR Intern Stantec Stantec
US Bank COM Smith

(by phone) (by phone) (by phone) (by phone)

(by phone) (by phone) (by phone)

(by phone) (by phone)

FIRST ORDER OF BUSINESS	Call to Order and Roll Call

Ms. Gaarlandt called the meeting to order and proceeded with the roll. The members in attendance are as outlined above.

Public Comments
There were no public comments.
SECOND ORDER OF BUSINESS	Administrative Matters Consent Agenda

Mr. Chiofalo presented the consent agenda:

Minutes
June	13,	2025	Board	of Supervisors Meeting
Second	Amendment	to	Agreement
between the District and VGlobalTech for Website services

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

 Lakewood Ranch Stewardshi District a	roved the items on the consent a enda.

THIRD ORDER OF BUSINESS

Deferred

FOURTH ORDER OF BUSINESS

Deferred

FIFTH ORDER OF BUSINESS

Deferred to August meeting. SIXTH ORDER OF BUSINESS
Mr. Almand presented for the Board's Consideration:

Business Matters
Consideration of Financing Matters Relative to the Calusa Project, Series 2025 Special Assessment Revenue Bonds
A. Other Matters (provided under separate cover)

Consideration of Financing Matters Relative to the Saddlestone (Taylor Ranch) Project, Series 2025 Special Assessment Revenue Bonds
A. Other Matters (provided under separate cover)

Consideration of Financing Matters Relative to the LWR Southeast Project, Series 2025 Special Assessment Revenue Bonds
A. Other Matters {provided under separate cover)

Financial Matters Draw Requests

Requisition List for Draw No. 19 LRSD Taylor Ranch
Series 2023 Bond

On MOTION by Mr. Chiofalo, seconded by Mr. Gleeson, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 19 - LRSD Taylor Ranch, Series 2023 Bond.

Requisition List for Draw No. 7 LRSD Taylor Ranch
Landowner Construction Funding Agreement

On MOTION by Mr. Chiofalo, seconded by Mr. Gleeson, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 7 - LRSD Taylor Ranch, Landowner Construction Funding Agreement.

Requisition List for Draw No. 4 Star Farms Project
Series 2024 Bond

On MOTION by Mr. Chiofalo, seconded by Mr. Gleeson, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 4 - Star Farms Project, Series 2024 Bond.

Requisition List for Draw No. 8 Lakewood Ranch Southeast
Pre-Funding - Landowner Construction Funding Agreement

On MOTION by Mr. Chiofalo, seconded by Mr. Gleeson, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 8 - Lakewood Ranch Southeast - Landowner Funding.

Requisition List for Draw No. 7 Bourneside Blvd & Masters Ave Roundabout
Landowner Funding

On MOTION by Mr. Chiofalo, seconded by Mr. Gleeson, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 7 - Bourneside Blvd & Masters Ave Roundabout - Landowner Funding.

Requisition List for Draw No. 87 Lakewood Centre and NW Sector Landowner Funding

On MOTION by Mr. Chiofalo, seconded by Mr. Gleeson, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Draw No. 87 - Lakewood Centre and NW Sector - Landowner Funding.

Requisition List for Draw No. 46 Northeast Sector
Pre-Funding

On MOTION by Mr. Chiofalo, seconded by Mr. Gleeson, with all in favor, the Board of Supervisors of the
 Lakewood Ranch Stewardship District approved Draw No. 46 - Northeast Sector - Pre-Funding.	

SEVENTH ORDER OF BUSINESS	Compilation Report
There were no comments to the financial statements.
EIGHTH ORDER OF BUSINESS	Staff Reports
Attorney's Report - No specific report. Financing matters relative to bonds expected for the August meeting. As Committee weeks gear up in September for the 2026 Session starting in January, Staff will be begin to monitor a number of bills not yet passed.
Manager's Report - Ms. Gaarlandt noted for the record that Ms. Robertson has jointed the meeting and reminded the Board that the August meeting is scheduled for the 8th.

Engineer's Report		GIS Services Work Order COM Smith
LWRSD and BRU - Project Management & Quality Control; Strategic Planning; On-Call GIS Services; LWRSD Irrigation Full­ System Data Collection; BRU Irrigation As­ Built and Data Reconciliation; Storm Water Database Development and Data Collection;	Asset	Management Implementation Assistance & GIS Integration Support; Develop and Adopt GIS Policies, Procedures, & SOPs

Mr. Ross presented the work order following the RFQ awarding the contract to CDM Smith. The funding for the associated cost of $682,470.00 is provided for in the current budgets of the Operations and BRU Departments.

On MOTION by Mr. Chiofalo, seconded by Ms. Robertson, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved GIS Services Work Order, CDM Smith.

DPO back up for Materials Purchased for Frederick Derr
Corr & Main
LWRSE Bourneside Boulevard Phase 1
Mr. Engel presented the change order in the amount of $1,807,771.65.

On MOTION by Mr. Chiofalo, seconded by Mr. Gleeson, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved DPO Back Up for Materials Purchased, Core & Main.

Change Order No. 2
Frederick Derr & Company Inc. Bourneside Ph 1
Deductive Change Order for materials purchased by Core & Main
Mr. Engel presented the deductive change order in the amount of $1,934,315.67, which includes the sales tax savings of approximately $126,000.

On MOTION by Mr. Chiofalo, seconded by Ms. Robertson, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved Change Order No. 2, Frederick Derr & Company Inc.

Implementation Work Order RESPEC
BRU Data Migration & Software
Ms. Ross presented the work order in the amount of $110,000 plus additional annual software cost.

On MOTION by Mr. Chiofalo, seconded by Ms. Robertson, with all in favor, the Board of Supervisors of the Lakewood Ranch Stewardship District approved the Implementation Work Order, RESPEC.

Executive Director's Report NINTH ORDER OF BUSINESS
There were no Supervisor requests.
TENTH ORDER OF BUSINESS

There were no supervisors requests.

ELEVENTH ORDER OF BUSINESS

Executed Documents Supervisor Requests

Audience Comments

Adjournment

On MOTION by Mr. Gleeson, seconded by Ms. Robertson, with all in favor, the Board of Supervisors of the
 Lakewood Ranch Stewardshi District moved to ad·ourn the Jul 11, 2025 meetin .