North Powerline Road Community Development District
Meeting Agenda January 3, 2023

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North Powerline Road
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

December 27, 2022

Board of Supervisors North Powerline Road
Community Development District

Dear Board Members:

A regular Board of Supervisors Meeting of the North Powerline Road Community Development District will be held Tuesday, January 3, 2023 at 10:30 AM at the Holiday Inn—Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, FL 33880.

Zoom Video Link: https://us06web.zoom.us/j/83032630323
Zoom Call-In Number: 1-646-876-9923
Meeting ID: 830 3263 0323

Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period (1Speakers will fill out a card and submit it to the District Manager prior to the beginning of the meeting)
Approval of Minutes of the December 6, 2022 Audit Committee and Board of Supervisors Meetings
Discussion Regarding Implementing Parking and Towing Policies and Procedures in the Community (Possible Consideration of Resolution 2023-03 Setting a Public Hearing to Adopt Towing Policies and Rules for Overnight Parking within the District)
Presentation and Approval of Arbitrage Rebate Report for Series 2020 Bonds
Consideration of Contract Agreement with Polk County Property Appraiser
Consideration of 2023 Data Sharing and Usage Agreement with Polk County Property Appraiser
Staff Reports
Attorney
Engineer
Field Manager’s Report
Consideration of Proposal for Playground Fencing (to be provided under separate cover)
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

1 Comments will be limited to three (3) minutes

Minutes

The Audit Committee meeting of the Board of Supervisors of the North Powerline Road Community Development District was held on Tuesday, December 6, 2022 at 10:30 a.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present for the Audit Committee were:

Lauren Schwenk by Zoom	Vice Chairperson
Kevin Chinoy	Assistant Secretary
Daniel Arnette	Assistant Secretary
Emily Cassidy	Assistant Secretary Also present were:
Jill Burns by Zoom	District Manager, GMS
Lauren Gentry	District Counsel, KE Law
Marshall Tindall	Field Manager, GMS

The following is a summary of the discussions and actions taken at the December 6, 2022 North Powerline Road Community Development District’s Audit Committee Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order.

SECOND ORDER OF BUSINESS	Public Comment Period
There were no members of the public present.

THIRD ORDER OF BUSINESS	Review  of  Proposals  and  Tally  of  Audit
Committee Members Rankings
DiBartolomeo, McBee, Hartley & Barnes
Grau & Associates
Ms. Burns noted that Mr. Kevin Chinoy reviewed these proposals and had the rankings. Mr. Chinoy stated that they created five categories for rankings assigning 20 points each; ability of personnel, proposer’s experience, understanding of scope of work, ability to furnish the required

services, and price. He explained that the only difference was the difference in the price. DiBartolomeo, McBee, Hartley & Barnes for 2022 was $3,850 compared to Grau & Associates who had $4,400 for 2022. Since DiBartolomeo, McBee, Hartley & Barnes was cheaper, they got the full 20 points. He noted that the rankings were DiBartolomeo, McBee, Hartley & Barnes ranked #1 and Grau & Associates ranked #2. Ms. Burns stated that the total points for DiBartolomeo, McBee, Hartley & Barnes was 100 and Grau & Associates was 98.

On MOTION by Mr. Arnette, seconded by Ms. Cassidy, with all in favor, Ranking DiBartolomeo, McBee, Hartley & Barnes #1 with 100 points and Grau & Associates #2 with 98 points, was approved.

FOURTH ORDER OF BUSINESS	Adjournment
Ms. Burns adjourned the meeting.

On MOTION by Mr. Arnette, seconded by Mr. Chinoy, with all in favor, the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

The regular meeting of the Board of Supervisors of the North Powerline Road Community Development District was held on Tuesday, December 6, 2022 at 10:32 a.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present and constituting a quorum:

Lauren Schwenk by Zoom	Vice Chairperson
Kevin Chinoy	Assistant Secretary
Daniel Arnette	Assistant Secretary
Emily Cassidy	Assistant Secretary Also present were:
Jill Burns by Zoom	District Manager/GMS
Lauren Gentry	KE Law
Marshall Tindall	GMS

The following is a summary of the discussions and actions taken at the December 6, 2022 North Powerline Road Community Development District’s Regular Board of Supervisor’s Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order and called the roll. Three Board members were present, constituting a quorum, and one Board member joined via Zoom. She noted that all three Supervisors were sworn in prior to the meeting.

SECOND ORDER OF BUSINESS	Public Comment Period
No members of the public were present via Zoom or in person.

THIRD ORDER OF BUSINESS	Organizational Matters
Swearing in of Appointed Supervisor Emily Cassidy (Appointed at November 1, 2022 Meeting)

Ms. Burns stated that Ms. Emily Cassidy was appointed at the meeting on November 1,
2022.

Administration of Oaths of Office to Newly Elected Board Members Appointed at November 17, 2022 Landowners’ Meeting (Rennie Heath, Kevin Chinoy, and Daniel Arnette)
Ms. Burns stated that they held a Landowners’ election on November 17, 2022, which was when Mr. Heath, Mr. Chinoy, and Mr. Arnette were all re-elected. She noted that all except Mr. Heath had been sworn in and that Mr. Heath would be sworn in at a later time.

Consideration of Resolution 2023-01 Canvassing and Certifying the Results of the Landowners’ Election
Ms. Burns stated that this resolution was included in the agenda package. She noted that they had a Landowners’ meeting on November 17th, 2022 and the results of that were outlined in the resolution.

On MOTION by Mr. Chinoy, seconded by Mr. Arnette, with all in favor, Resolution 2023-01 Canvassing and Certifying the Results of the Landowners’ Election, was approved.

Election of Officers
Ms. Burns stated that they are required to reelect officers after a Landowners’ election.

Consideration of Resolution 2023-02 Electing Officers
Ms. Burns stated that previously Mr. Heath was the Chair, Ms. Schwenk was the Vice Chair, the other three Supervisors were Assistant Secretaries, along with George Flint, and Ms. Burns was Secretary. She asked if they wanted to keep that the same and the Board agreed to keep the same.

On MOTION by Mr. Arnette, seconded by Mr. Chinoy, with all in favor, Resolution 2023-02 Electing Officers as slated above, was approved.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the November 1,
2022 Board of Supervisors and Audit

Committee Meetings and the November 17, 2022 Landowners’ Meeting
Ms. Burns presented the November 1, 2022 Board of Supervisors and Audit Committee meeting minutes as well as the November 17, 2022 Landowners’ meeting minutes. She asked for any comments, corrections, or changes. The Board had no changes to the minutes.

On MOTION by Mr. Chinoy, seconded by Mr. Arnette, with all in favor, the November 1, 2022 Board of Supervisors and Audit Committee Meeting Minutes and the November 17, 2022 Landowners’ Meeting Minutes, were approved.

FIFTH ORDER OF BUSINESS	Acceptance  of  Rankings  of  the  Audit
Committee and Authorizing Staff to Send Notice of Intent to Award
Ms. Burns stated that they held the Audit Committee meeting just prior to this meeting at which time they ranked DiBartolomeo, McBee, Hartley & Barnes as #1 and Grau & Associates as #2.

On MOTION by Mr. Chinoy, seconded by Mr. Arnette, with all in favor, Accepting the Rankings of the Audit Committee, Authorizing Staff to Send the Notice of Intent to Award, and Authorizing the Chair to Sign the Agreement Letter with DiBartolomeo, McBee, Hartley & Barnes, was approved.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Gentry stated that she had nothing to report.

Engineer
There being none, the next item followed.

Field Manager’s Report
Consideration of Request from Aquagenix for Increase in Pond Maintenance
Mr. Tindall reviewed the field management report starting with Hurricane Nicole stating that it was relatively not impactful and there was no notable damage to the CDD areas. The next item he reviewed was the landscaping & ponds, which he stated the landscaping and ponds looked

good. He noted a minor area to the left side of the main entrance that was being overlooked and the pond vendor was not treating it. He discussed that the annuals were installed at the entrance and the palms were just trimmed and were looking good. He noted that Aquagenix had asked for a 4% increase on their contract for pond maintenance. He stated that the amenity was doing well overall. He noted that the restroom flush valve was fixed, and a small area of coping was being repaired by the original builder under warranty. He discussed the approved sod for the Phase 1 area and was executed by Stewart and it all looked good. He noted that after talking with Stewart, they agreed with the weather patterns right now and that it was suitable for it to establish well, even with the incoming cold season. He noted a hog incident at the east side of Tract B, but they were monitoring it.
Mr. Tindall discussed the Hurricane repairs stating that the landscapers had come through and cleaned up the trees around the common area. He noted that the street sign replacements were being scheduled in Phase 2. He explained that some residents had noted that there were some gators in the area. He stated that they were reported to FWC for removal. He also stated that the CDD placed warning signs along the pond bank across from the amenity center. He asked the Board if a fence around the playground would be something that they would be interested in. Ms. Burns noted that there was a couple of residents that had reached out and asked about a fence because they had concerns with the gator’s proximity to the playground. After brief Board discussion, it was decided to get some quotes to fence in the area. Ms. Burns stated that they would bring prices back to the next meeting. Mr. Tindall noted that the pool furniture would be scheduled for cleaning in the off season. He also noted that the broken table frame would be replaced.
Mr. Tindall brought the discussion on Aquagenix back to the Board’s attention stating that they were looking for a 4% increase to cover overhead. He explained that they had a 2% fuel charge that was being run through most of the very high gas run. He noted that they did remove that, but they were still looking for a 4% increase to cover the labor, fuel expenses, etc. He also noted that should decline to cover with the amenity contingency. He stated that it would run
$420,288 annually to cover the increase and $35,024 a month.

On MOTION by Mr. Chinoy, seconded by Ms. Cassidy, with all in favor, the Aquagenix 4% Increase for Pond Maintenance, was approved.

District Manager’s Report

Ms. Burns noted that one item that came up after the agenda went out was a request from a resident to hold some fitness classes at the amenity facility. She further explained that this resident was licensed and certified to do these fitness classes. She also noted that this resident was looking to use the pool deck or the grass in that area, not the actual pool. Ms. Burns explained that residents were not allowed to reserve the pool deck for a party; however, they allow swim lessons at other Districts, and this would be a request along those lines and would be open to residents only. She added that the time this resident was requesting to hold these classes was 8:00 a.m. on Tuesdays and Thursdays. She noted that there would be a charge for residents, which was proposed to be prepaid $15 for both classes Tuesdays and Thursdays and $10 for drop-in on an individual class. She added that this resident estimated 20 people at a class and that she could provide certificate of insurance and her CPR certification. After Board discussion, they agreed to allow Denise Edmonds to host fitness classes for residents of North Powerline Road within certain parameters and if the License Agreement is executed by Ms. Edmonds.

On MOTION by Mr. Arnette, seconded by Mr. Chinoy, with all in favor, Accepting the Request for Denise Edmonds to Host Fitness Classes for Residents of North Powerline Road CDD on Tuesdays and Thursdays with the Time to be Worked Out with Staff Based on the Time that the Facility Opens at a Fee of $25 Per Week, was approved.

Ms. Burns stated that she would get with Ms. Edmonds to get that drafted up and would bring the agreement back to be ratified by the Board.

Approval of Check Register
Ms. Burns presented the check register that was in the agenda package for review.

On MOTION by Mr. Chinoy, seconded by Mr. Arnette, with all in favor, the Check Register, was approved.

Balance Sheet & Income Statement
Ms. Burns presented the financials, asking if there were any questions. Hearing none, the next item followed.

SEVENTH ORDER OF BUSINESS	Other Business
Ms. Burns asked if there was any other business. Mr. Tindall noted that the Aquagenix contract was one year and was on page 84 of the agenda package.

EIGHTH ORDER OF BUSINESS	Supervisors Requests and Audience
Comments
There being none, the next item followed.

NINTH ORDER OF BUSINESS	Adjournment
Ms. Burns asked for a motion to adjourn the meeting.

On MOTION by Mr. Arnette, seconded by Mr. Chinoy, with all in favor, the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Section IV

RESOLUTION 2023-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NORTH POWERLINE ROAD COMMUNITY DEVELOPMENT DISTRICT TO DESIGNATE THE DATE, TIME AND PLACE OF A PUBLIC HEARING AND AUTHORIZATION TO PUBLISH NOTICE OF SUCH HEARING FOR THE PURPOSE OF ADOPTING RULES RELATING TO OVERNIGHT PARKING AND PARKING ENFORCEMENT.

Whereas, the North Powerline Road Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within Polk County, Florida; and

Whereas, the Board of Supervisors of the District (“Board”) is authorized by Sections 190.011(5) and 190.035, Florida Statutes, to adopt rules, orders, rates, fees and charges pursuant to Chapter 120, Florida Statutes.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE NORTH POWERLINE ROAD COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The Board intends to adopt Rules Relating to Overnight Parking and Parking Enforcement (“Policy”), a proposed copy of which is attached hereto as Exhibit A. The District will hold a public hearing on such policies at a meeting of the Board to be held on Tuesday, February 7, 2023, at 10:30 a.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Boulevard, Winter Haven, Florida 33880.

Section 2. The District Secretary is directed to publish notice of the hearing in accordance with Section 120.54, Florida Statutes.

Section 3. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED this 3rd day of January 2023.

ATTEST:	NORTH POWERLINE ROAD
COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A: Rules Relating to Overnight Parking and Parking Enforcement

1

NORTH POWERLINE ROAD COMMUNITY DEVELOPMENT DISTRICT
Rules Relating to Parking and Parking Enforcement

In accordance with Chapter 190, Florida Statutes, and on February 7, 2023, at a duly noticed public meeting, the Board of Supervisors of the North Powerline Road Community Development District (“District”) adopted the following policy to govern parking and parking enforcement on certain District property (the “Policy”). This Policy repeals and supersedes all prior rules and/or policies governing the same subject matter.

SECTION 1. INTRODUCTION. The District finds that parked Commercial Vehicles, Vehicles, Vessels and Recreational Vehicles (hereinafter defined) on certain of its property (hereinafter defined) cause hazards and danger to the health, safety and welfare of District residents, paid users and the public. This Policy is intended to provide the District’s residents and paid users with a means to remove such Commercial Vehicles, Vehicles, Vessels and Recreational Vehicles from District designated Tow-Away Zones consistent with this Policy and as indicated on Exhibit A attached hereto.

Section 2. Definitions.

Commercial Vehicle. Any mobile item which normally uses wheels, whether motorized or not, that (i) is titled, registered or leased to a company and not an individual person, or (ii) is used for business purposes even if titled, registered or leased to an individual person.

Vehicle. Any mobile item which normally uses wheels, whether motorized or not.

Vessel. Every description of watercraft, barge, or airboat used or capable of being used as a means of transportation on water.

Recreational Vehicle. A vehicle designed for recreational use, which includes motor homes, campers and trailers relative to same.

Parked. A Vehicle, Vessel or Recreational Vehicle left unattended by its owner or user.

Tow-Away Zone. District property in which parking is prohibited and in which the District is authorized to initiate a towing and/or removal action.

Overnight. Between the hours of 10:00 p.m. and 6:00 a.m. daily.

SECTION 3. DESIGNATED PARKING AREAS. Parking is permitted in designated parking areas, as indicated by asphalt markings for parking spaces. On-street parking is only authorized on the odd- numbered side of the street (as indicated by address numbers). On-street parking is expressly prohibited on the even-numbered side of the street (as indicated by address numbers). Any Vehicle

parked on District Property, including District roads, if any, must do so in compliance with all laws, ordinances, and codes.

SECTION 4. ESTABLISHMENT OF TOW-AWAY ZONES. The even-numbered side of the street (as indicated by address numbers) and those areas within the District’s boundaries depicted in Exhibit A, which is incorporated herein by reference, are hereby established as “Tow-Away Zones” for all Vehicles, including Commercial Vehicles, Vessels, Recreational Vehicles as set forth in Section 5 herein (“Tow-Away Zone”).

Section 5. Exceptions.

On-Street Parking Exceptions. Abandoned and/or broken down Vehicles are not permitted to be parked on-street at any time and are subject to towing at the Owner’s expense. Commercial Vehicles, Recreational Vehicles, and Vessels are not permitted to be parked on-street Overnight and shall be subject to towing at Owner’s expense.

PARKING DURING AMENITY HOURS. Vehicles may park in the designated parking areas of amenity facilities depicted in Exhibits A and B during the open hours of operations of such amenity facilities, including any District-authorized special events occurring outside of regular hours of operation. Otherwise, no Overnight parking is permitted at the amenity facilities.

VENDORS/CONTRACTORS. The District Manager or his/her designee may authorize vendors/consultants in writing to park company vehicles in order to facilitate District business. All vehicles so authorized must be identified by a Parking Pass issued by the District.

Delivery Vehicles and Governmental Vehicles.  Delivery vehicles, including but not limited to, U.S.P.S., U.P.S., Fed Ex, moving company vehicles, and lawn maintenance vendors may park on District property while actively engaged in the operation of such businesses. Vehicles owned and operated by any governmental unit may also park on District Property while carrying out official duties.

Section 6. Towing/Removal Procedures.

Signage and Language Requirements.  Notice of the Tow-Away Zones shall be approved by the District’s Board of Supervisors and shall be posted on District property in the manner set forth in Section 715.07, Florida Statutes. Such signage is to be placed in conspicuous locations, in accordance with Section 715.07, Florida Statutes.

Towing/Removal Authority.  To effect towing/removal of a Commercial Vehicle, Vehicle, Vessel or Recreational Vehicle, the District Manager or his/her designee must verify that the subject Commercial Vehicle, Vehicle, Vessel or Recreational Vehicle was not authorized to park under this rule in the Overnight Parking Areas and then must contact a firm authorized by Florida law to tow/remove Commercial Vehicle,

Vehicles, Vessels and Recreational Vehicles for the removal of such unauthorized vehicle at the owner’s expense. The Commercial Vehicle, Vehicle, Vessel or Recreational Vehicle shall be towed/removed by the firm in accordance with Florida law, specifically the provisions set forth in Section 715.07, Florida Statutes. Notwithstanding the foregoing, a towing service retained by the District may tow/remove any vehicle parked in the Tow-Away Zone.

Agreement  with  Authorized  Towing  Service.  The District’s Board of
Supervisors is hereby authorized to enter into and maintain an agreement with a firm authorized by Florida law to tow/remove unauthorized vehicles and in accordance with Florida law and with the policies set forth herein.

Section 7. Parking At Your Own Risk. Vehicles, Vessels or Recreational Vehicles may be parked on District property pursuant to this rule, provided however that the District assumes no liability for any theft, vandalism and/ or damage that might occur to personal property and/or to such vehicles.

Section 8. Amendments; Designation of Additional Tow-Away Zones. The Board
in its sole discretion may amend these Rules Related to Parking and Parking Enforcement from time to time to designate new Tow-Away Zones as the District acquires additional common areas. Such designations of new Tow-Away Zones are subject to proper signage and notice prior to enforcement of these rules on such new Tow-Away Zones.

EXHIBIT A – Tow-Away Zones (highlighted areas)

Effective date: February 7, 2023

EXHIBIT A
Tow Away Zones

[Insert Map of Tow-Away Zones]

North Powerline Road CDD
Tow Policy - No parking on ODD addressed areas
(EXAMPLE)

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Section V

REBATE REPORT
$12,685,000
North Powerline Road Community Development District
(Polk County, Florida)
Special Assessment Bonds, Series 2020

Dated: December 14, 2020
Delivered: December 14, 2020

Rebate Report to the Computation Date December 14, 2023
Reflecting Activity To November 30, 2022

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Bond Debt Service Schedule	11	
Arbitrage Rebate Calculation Detail Report – Phase-1 Acquisition & Construction Account	13	
Arbitrage Rebate Calculation Detail Report – Phase-2 Acquisition & Construction Account	15	
Arbitrage Rebate Calculation Detail Report – Reserve Account	17	
Arbitrage Rebate Calculation Detail Report – Interest Account	18	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credit	19	

December 15, 2022

North Powerline Road Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$12,685,000 North Powerline Road Community Development District (Polk County, Florida),
Special Assessment Bonds, Series 2020	

Dear Ms. Costa:

AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the North Powerline Road Community Development District (the “District”)

The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of December 14, 2023, the Computation Date. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the December 14, 2023 Computation Date
Reflecting Activity from December 14, 2020 through November 30, 2022

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Phase-1 Acquisition & Construction Account	0.006005%	11.02	(7,591.66)	
Phase-2 Acquisition & Construction Account	0.005973%	130.48	(90,035.77)	
Reserve Account	0.318698%	3,447.48	(39,992.74)	
Interest Account	0.005888%	4.03	(2,825.76)	
Totals	0.102083%	$3,593.01	$(140,445.93)	
Bond Yield	3.759179%		
Rebate Computation Credit	(1,917.65)	
Net Rebatable Arbitrage	$(142,363.58)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from December 14, 2020, the date of the closing, to November 30, 2022, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of December 14, 2023.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.

Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.

During the period between December 14, 2020 and November 30, 2022, the District made periodic payments into the Interest, Sinking and Prepayment Accounts (collectively, the “Debt Service Fund”) that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

In accordance with Page C-1 of the Arbitrage and Tax Certificate, Exhibit C (Arbitrage Rebate Covenants) the first (initial) Computation Date must be within 60 days of the end of the third Bond Year. After the first required payment date (Computation Date) the District must consistently treat either the last day of each Bond Year or the last day of each fifth Bond Year as the (subsequent) Computation Date(s). Therefore, for purposes of the arbitrage calculation, the first Computation Date is December 14, 2023.

DEFINITIONS

Computation Date
December 14, 2023.

Computation Period
The period beginning on December 14, 2020, the date of the closing, and ending on November 30, 2022.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Accounts	Account Number	
Revenue	276587000	
Interest	276587001	
Sinking	276587002	
Reserve	276587003	
Prepayment	276587004	
Phase-1 Acquisition & Construction	276587005	
Phase-2 Acquisition & Construction	276587006	

METHODOLOGY
Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of November 30, 2022, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to December 14, 2023. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on December 14, 2023, is the Rebatable Arbitrage.

$12,685,000
North Powerline Road Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2020 Delivered: December 14, 2020

Sources of Funds

Par Amount	$12,685,000.00	
Original Issue Premium	98,874.60	
Total	$12,783,874.60	

Uses of Funds

Phase-1 Acquisition & Construction Account	$ 5,729,977.75	
Phase-2 Acquisition & Construction Account	5,705,892.42	
Reserve Account	713,800.00	
Interest Account	177,279.43	
Costs of Issuance	203,225.00	
Underwriter’s Discount	253,700.00	
Total	$12,783,874.60	

PROOF OF ARBITRAGE YIELD

$12,685,000
North Powerline Road Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2020

Date	

Debt Service	Present Value to 12/14/2020
@ 3.7591785096%	
05/01/2021	177,279.43	174,784.57	
11/01/2021	232,921.88	225,407.24	
05/01/2022	482,921.88	458,719.57	
11/01/2022	229,640.63	214,107.52	
05/01/2023	484,640.63	443,522.68	
11/01/2023	226,293.75	203,273.79	
05/01/2024	486,293.75	428,765.99	
11/01/2024	222,881.25	192,889.23	
05/01/2025	492,881.25	418,687.09	
11/01/2025	219,337.50	182,882.85	
05/01/2026	494,337.50	404,572.59	
11/01/2026	215,040.63	172,745.30	
05/01/2027	500,040.63	394,279.16	
11/01/2027	210,587.50	162,983.61	
05/01/2028	505,587.50	384,078.93	
11/01/2028	205,978.13	153,588.28	
05/01/2029	510,978.13	373,983.21	
11/01/2029	201,212.50	144,549.82	
05/01/2030	516,212.50	364,002.14	
11/01/2030	196,290.63	135,858.81	
05/01/2031	521,290.63	354,144.88	
11/01/2031	190,400.00	126,964.06	
05/01/2032	525,400.00	343,887.78	
11/01/2032	184,328.13	118,421.65	
05/01/2033	534,328.13	336,946.03	
11/01/2033	177,984.38	110,165.86	
05/01/2034	537,984.38	326,849.33	
11/01/2034	171,459.38	102,247.34	
05/01/2035	546,459.38	319,861.12	
11/01/2035	164,662.50	94,604.34	
05/01/2036	554,662.50	312,793.70	
11/01/2036	157,593.75	87,233.04	
05/01/2037	562,593.75	305,667.82	
11/01/2037	150,253.13	80,129.27	
05/01/2038	570,253.13	298,502.61	
11/01/2038	142,640.63	73,288.61	
05/01/2039	577,640.63	291,315.65	
11/01/2039	134,756.25	66,706.45	
05/01/2040	584,756.25	284,123.12	
11/01/2040	126,600.00	60,377.93	
05/01/2041	596,600.00	279,280.48	
11/01/2041	117,200.00	53,851.50	
05/01/2042	602,200.00	271,596.22	
11/01/2042	107,500.00	47,588.74	
05/01/2043	612,500.00	266,142.78	
11/01/2043	97,400.00	41,541.33	
05/01/2044	622,400.00	260,557.64	
11/01/2044	86,900.00	35,708.11	
05/01/2045	636,900.00	256,880.48	
11/01/2045	75,900.00	30,047.92	
05/01/2046	645,900.00	250,986.74	
11/01/2046	64,500.00	24,601.30	
05/01/2047	659,500.00	246,902.74	
11/01/2047	52,600.00	19,329.01	
05/01/2048	672,600.00	242,601.57	
11/01/2048	40,200.00	14,232.32	
05/01/2049	685,200.00	238,111.15	

PROOF OF ARBITRAGE YIELD

$12,685,000
North Powerline Road Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2020

Date	

Debt Service	Present Value to 12/14/2020
@ 3.7591785096%	
11/01/2049	27,300.00	9,311.89	
05/01/2050	697,300.00	233,457.41	
11/01/2050	13,900.00	4,567.89	
05/01/2051	708,900.00	228,664.43	
	21,750,804.53	12,783,874.60	
	
Proceeds Summary		

Delivery date	12/14/2020	
Par Value	12,685,000.00	
Premium (Discount)	98,874.60	
Target for yield calculation	12,783,874.60	

BOND DEBT SERVICE

$12,685,000
North Powerline Road Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2020

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
12/14/2020						
05/01/2021			177,279.43	177,279.43	177,279.43	
11/01/2021			232,921.88	232,921.88		
05/01/2022	250,000	2.625%	232,921.88	482,921.88	715,843.76	
11/01/2022			229,640.63	229,640.63		
05/01/2023	255,000	2.625%	229,640.63	484,640.63	714,281.26	
11/01/2023			226,293.75	226,293.75		
05/01/2024	260,000	2.625%	226,293.75	486,293.75	712,587.50	
11/01/2024			222,881.25	222,881.25		
05/01/2025	270,000	2.625%	222,881.25	492,881.25	715,762.50	
11/01/2025			219,337.50	219,337.50		
05/01/2026	275,000	3.125%	219,337.50	494,337.50	713,675.00	
11/01/2026			215,040.63	215,040.63		
05/01/2027	285,000	3.125%	215,040.63	500,040.63	715,081.26	
11/01/2027			210,587.50	210,587.50		
05/01/2028	295,000	3.125%	210,587.50	505,587.50	716,175.00	
11/01/2028			205,978.13	205,978.13		
05/01/2029	305,000	3.125%	205,978.13	510,978.13	716,956.26	
11/01/2029			201,212.50	201,212.50		
05/01/2030	315,000	3.125%	201,212.50	516,212.50	717,425.00	
11/01/2030			196,290.63	196,290.63		
05/01/2031	325,000	3.625%	196,290.63	521,290.63	717,581.26	
11/01/2031			190,400.00	190,400.00		
05/01/2032	335,000	3.625%	190,400.00	525,400.00	715,800.00	
11/01/2032			184,328.13	184,328.13		
05/01/2033	350,000	3.625%	184,328.13	534,328.13	718,656.26	
11/01/2033			177,984.38	177,984.38		
05/01/2034	360,000	3.625%	177,984.38	537,984.38	715,968.76	
11/01/2034			171,459.38	171,459.38		
05/01/2035	375,000	3.625%	171,459.38	546,459.38	717,918.76	
11/01/2035			164,662.50	164,662.50		
05/01/2036	390,000	3.625%	164,662.50	554,662.50	719,325.00	
11/01/2036			157,593.75	157,593.75		
05/01/2037	405,000	3.625%	157,593.75	562,593.75	720,187.50	
11/01/2037			150,253.13	150,253.13		
05/01/2038	420,000	3.625%	150,253.13	570,253.13	720,506.26	
11/01/2038			142,640.63	142,640.63		
05/01/2039	435,000	3.625%	142,640.63	577,640.63	720,281.26	
11/01/2039			134,756.25	134,756.25		
05/01/2040	450,000	3.625%	134,756.25	584,756.25	719,512.50	
11/01/2040			126,600.00	126,600.00		
05/01/2041	470,000	4.000%	126,600.00	596,600.00	723,200.00	
11/01/2041			117,200.00	117,200.00		
05/01/2042	485,000	4.000%	117,200.00	602,200.00	719,400.00	
11/01/2042			107,500.00	107,500.00		
05/01/2043	505,000	4.000%	107,500.00	612,500.00	720,000.00	
11/01/2043			97,400.00	97,400.00		
05/01/2044	525,000	4.000%	97,400.00	622,400.00	719,800.00	
11/01/2044			86,900.00	86,900.00		
05/01/2045	550,000	4.000%	86,900.00	636,900.00	723,800.00	
11/01/2045			75,900.00	75,900.00		
05/01/2046	570,000	4.000%	75,900.00	645,900.00	721,800.00	
11/01/2046			64,500.00	64,500.00		
05/01/2047	595,000	4.000%	64,500.00	659,500.00	724,000.00	
11/01/2047			52,600.00	52,600.00		
05/01/2048	620,000	4.000%	52,600.00	672,600.00	725,200.00	
11/01/2048			40,200.00	40,200.00		
05/01/2049	645,000	4.000%	40,200.00	685,200.00	725,400.00	

BOND DEBT SERVICE

$12,685,000
North Powerline Road Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2020

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
11/01/2049			27,300.00	27,300.00		
05/01/2050	670,000	4.000%	27,300.00	697,300.00	724,600.00	
11/01/2050			13,900.00	13,900.00		
05/01/2051	695,000	4.000%	13,900.00	708,900.00	722,800.00	
	12,685,000		9,065,804.53	21,750,804.53	21,750,804.53	

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.759179%)

12/14/20	Beg	Bal	-5,729,977.75	-6,407,314.59	
12/17/20			64,165.90	71,728.64	
12/17/20			3,237,490.24	3,619,068.42	
12/17/20			557,254.93	622,934.30	
12/23/20			260,231.80	290,722.82	
12/23/20			4,500.00	5,027.26	
12/23/20			56,674.29	63,314.74	
12/30/20			3,720.00	4,152.86	
12/30/20			86,095.07	96,113.09	
12/30/20			2,084.20	2,326.72	
12/30/20			23,402.00	26,125.06	
12/30/20			200,358.95	223,672.71	
12/30/20			362,304.73	404,462.49	
12/30/20			162,841.50	181,789.73	
12/30/20			38,842.00	43,361.65	
12/30/20			267,019.41	298,089.78	
12/30/20			960.00	1,071.71	
12/30/20			57,717.72	64,433.75	
12/30/20			86,149.82	96,174.21	
12/30/20			20,000.00	22,327.20	
01/05/21			-2.12	-2.37	
01/12/21			82,585.70	92,080.99	
01/12/21			24,123.90	26,897.54	
01/12/21			410.00	457.14	
01/12/21			44,901.00	50,063.49	
01/19/21			3,000.00	3,342.50	
01/19/21			36,674.43	40,861.47	
01/20/21			235.00	261.80	
02/02/21			-3.63	-4.04	
02/03/21			8,359.00	9,299.85	
02/04/21			3,000.00	3,337.32	
02/10/21			3,000.00	3,335.25	
02/10/21			2,192.47	2,437.48	
02/12/21			26,539.86	29,499.58	
02/25/21			1,423.00	1,579.57	
02/25/21			572.00	634.93	
02/25/21			1,161.75	1,289.57	
03/02/21			-3.29	-3.65	
03/25/21			-506,540.65	-560,530.96	
03/25/21			-9,300.00	-10,291.25	
03/25/21			3,000.00	3,319.76	
04/02/21			-3.63	-4.01	
04/05/21			12,275.29	13,569.62	
04/05/21			2,098.25	2,319.49	
04/14/21			19,510.00	21,547.10	
04/16/21			350.00	386.46	
04/16/21			29,141.99	32,178.14	
04/16/21			1,800.31	1,987.88	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.759179%)	
04/16/21		3,000.00	3,312.55	
04/16/21		3,000.00	3,312.55	
04/16/21		3,000.00	3,312.55	
04/16/21		696.75	769.34	
04/16/21		141,976.92	156,768.77	
04/22/21		3,000.00	3,310.50	
04/29/21		3,000.00	3,308.10	
05/04/21		-3.53	-3.89	
05/17/21		66,950.00	73,688.48	
05/17/21		44,915.61	49,436.34	
05/17/21		4,036.50	4,442.77	
05/17/21		3,000.00	3,301.95	
05/17/21		5,765.00	6,345.24	
05/24/21		2,038.00	2,241.50	
05/24/21		50,248.49	55,265.93	
06/02/21		-3.64	-4.00	
06/02/21		3,000.00	3,296.83	
06/08/21		4,104.00	4,507.26	
06/08/21		105,951.35	116,362.22	
07/02/21		-3.51	-3.85	
08/03/21		-3.63	-3.96	
08/10/21		7.27	7.93	
09/02/21		-3.65	-3.97	
10/04/21		-3.51	-3.81	
10/05/21		7.16	7.77	
12/14/23	TOTALS:	11.02	-7,591.66	

ISSUE DATE:	12/14/20	REBATABLE ARBITRAGE:	-7,591.66	
COMP DATE:	12/14/23	NET INCOME:	11.02	
BOND YIELD:	3.759179%	TAX INV YIELD:	0.006005%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.759179%)

12/14/20	Beg	Bal	-5,705,892.42	-6,380,382.15	
12/17/20			39,565.85	44,229.17	
12/17/20			59,158.75	66,131.34	
12/23/20			13,184.79	14,729.63	
12/23/20			20,323.25	22,704.50	
12/30/20			11,911.66	13,297.70	
12/30/20			51,392.99	57,373.08	
12/30/20			163,451.76	182,471.00	
01/07/21			25,106.00	28,007.04	
01/13/21			501.25	558.82	
01/14/21			86,997.69	96,980.18	
01/19/21			35,992.06	40,101.19	
01/20/21			235.00	261.80	
01/21/21			-86,997.69	-96,909.97	
01/26/21			75,450.38	84,003.53	
02/02/21			143,072.79	159,192.86	
02/04/21			1,161.75	1,292.38	
02/04/21			92,262.00	102,635.96	
02/04/21			100,740.96	112,068.29	
02/04/21			126,401.44	140,614.04	
02/10/21			2,858.16	3,177.56	
02/18/21			29,830.14	33,136.22	
02/25/21			116.00	128.76	
03/04/21			54,093.12	59,988.89	
03/04/21			71,178.00	78,935.90	
03/04/21			155,805.70	172,787.43	
03/04/21			160,133.44	177,586.87	
03/25/21			9,300.00	10,291.25	
03/25/21			506,540.65	560,530.96	
03/30/21			14,381.82	15,906.50	
03/30/21			17,326.00	19,162.80	
03/30/21			18,258.85	20,194.55	
03/30/21			519,940.90	575,061.96	
04/05/21			24,255.21	26,812.73	
04/06/21			32,907.69	36,373.78	
04/16/21			45,850.10	50,626.99	
04/20/21			-14,381.82	-15,873.62	
04/29/21			2,787.50	3,073.78	
05/04/21			397.50	438.10	
05/17/21			714,846.67	786,795.56	
05/24/21			318.00	349.75	
05/24/21			35,079.16	38,581.91	
06/10/21			3,000.00	3,294.10	
06/10/21			25,149.30	27,614.78	
06/10/21			279,941.26	307,384.92	
06/10/21			686,698.41	754,017.95	
06/25/21			1,702.88	1,866.92	
06/29/21			1,175.00	1,287.66	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.759179%)	
06/29/21		3,000.00	3,287.63	
06/29/21		6,382.29	6,994.21	
07/16/21		1,900.00	2,078.51	
07/16/21		3,000.00	3,281.86	
07/16/21		7,122.00	7,791.13	
07/16/21		14,287.40	15,629.73	
07/16/21		547,304.09	598,724.32	
07/20/21		28,506.83	31,172.20	
07/23/21		3,000.00	3,279.48	
08/06/21		3,000.00	3,275.07	
08/10/21		3,834.61	4,184.48	
08/10/21		21,684.31	23,662.77	
08/10/21		31,643.70	34,530.84	
08/10/21		543,093.42	592,644.77	
08/16/21		48.00	52.35	
08/16/21		47,508.24	51,810.68	
08/16/21		81,304.48	88,667.57	
11/30/21	de minimis	1.21	1.31	
12/14/23	TOTALS:	130.48	-90,035.77	

ISSUE DATE:	12/14/20	REBATABLE ARBITRAGE:	-90,035.77	
COMP DATE:	12/14/23	NET INCOME:	130.48	
BOND YIELD:	3.759179%	TAX INV YIELD:	0.005973%	

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.759179%)

12/14/20	Beg	Bal	-713,800.00	-798,177.82	
01/05/21			2.12	2.37	
02/02/21			3.63	4.04	
03/02/21			3.29	3.65	
04/02/21			3.63	4.01	
05/04/21			3.53	3.89	
06/02/21			3.64	4.00	
07/02/21			3.51	3.85	
08/03/21			3.63	3.96	
09/02/21			3.65	3.97	
10/04/21			3.51	3.81	
11/02/21			3.63	3.93	
12/02/21			3.53	3.81	
12/30/21			0.07	0.08	
01/04/22			3.63	3.90	
01/07/22			178,826.00	192,196.75	
01/07/22			178,074.00	191,388.52	
02/02/22			2.17	2.33	
03/02/22			1.64	1.75	
04/04/22			1.83	1.95	
05/03/22			1.76	1.87	
06/02/22			89.97	95.26	
07/05/22			205.44	216.77	
07/06/22			853.12	900.08	
08/02/22			357.94	376.63	
09/02/22			539.02	565.41	
10/04/22			615.75	643.76	
11/02/22			806.49	840.74	
11/30/22	MMkt Bal	356,046.88	370,092.73	
11/30/22	MMkt Acc	780.47	811.26	
12/14/23	TOTALS:	3,447.48	-39,992.74	

ISSUE DATE:	
12/14/20	
REBATABLE ARBITRAGE:	
-39,992.74	
COMP DATE:	12/14/23	NET INCOME:	3,447.48	
BOND YIELD:	3.759179%	TAX INV YIELD:	0.318698%	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.759179%)	
12/14/20	Beg Bal	-177,279.43	-198,235.51	
05/03/21		177,279.43	195,405.31	
05/03/21	de minimis	4.03	4.44	
12/14/23	TOTALS:	4.03	-2,825.76	

ISSUE DATE:	12/14/20	REBATABLE ARBITRAGE:	-2,825.76	
COMP DATE:	12/14/23	NET INCOME:	4.03	
BOND YIELD:	3.759179%	TAX INV YIELD:	0.005888%	

		ARBITRAGE REBATE CALCULATION DETAIL REPORT		
		
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.759179%)	
12/14/21		-1,780.00	-1,917.65	
12/14/23	TOTALS:	-1,780.00	-1,917.65	

ISSUE DATE:	12/14/20	REBATABLE ARBITRAGE: -1,917.65 COMP DATE:	12/14/23
BOND YIELD: 3.759179%

Section VI

CONTRACT AGREEMENT
This Agreement made and entered into on Tuesday, December 6, 2022 by and between the North Powerline Road Community Development District, a local unit of special purpose government of the State of Florida hereinafter referred to as the 'Special District', and Marsha M. Faux, Polk County Property Appraiser, a Constitutional Officer of the State of Florida, whose address is 255 North Wilson Ave., Bartow, FL 33830, hereinafter referred to as the 'Property Appraiser'.

Section 197.3632 Florida Statutes, provides that special assessments of non-ad valorem taxes levied by the Special District may be included in the assessment rolls of the County and collected in conjunction with ad valorem taxes as assessed by the Property Appraiser. Pursuant to that option, the Property Appraiser and the Special District shall enter into an agreement providing for reimbursement to the Property Appraiser of administrative costs, including costs of inception and maintenance, incurred as a result of such inclusion.

The parties herein agree that, for the 2023 tax year assessment roll, the Property Appraiser will include on the assessment rolls such special assessments as are certified to her by the North Powerline Road Community Development District.

The term of this Agreement shall commence on January 1, 2023 or the date signed below, whichever is later, and shall run until December 31, 2023, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew.

The Special District shall meet all relevant requirements of Section 197.3632 & 190.021 Florida Statutes.

The Special District shall furnish the Property Appraiser with up-to-date data concerning its boundaries and proposed assessments, and other information as requested by the Property Appraiser to facilitate in administering the non-ad valorem assessment in question. Specifically, if assessments will be included on the 2023 TRIM Notice, the Special District shall provide proposed assessments no later than Friday, July 14, 2023. The Special District’s assessments shall, as far as practicable, be uniform (e.g. one uniform assessment for maintenance, etc.) to facilitate the making of the assessments by the mass data techniques utilized by the Property Appraiser.

The Special District shall certify to the Property Appraiser the Special District’s annual installment and levy no later than Friday, September 15, 2023. The Property Appraiser shall, using the information provided by the Special District, place the Special District’s non ad-valorem special assessments on properties within the district for inclusion on the 2023 tax roll.

The Property Appraiser shall be compensated by the Special District for the administrative costs incurred in carrying out this Agreement at the rate of 1% of the amount levied on the TRIM Notice or if the TRIM Notice is not used, the rate shall be 1% of the amount levied on the 2023 tax roll. For the TRIM Notice, the Property Appraiser will require payment on or before Friday, September 15, 2023 for processing within the Property Appraiser budget year (October 1st – September 30th).

If the actual costs of performing the services under this agreement exceed the compensation provided for in Paragraph 7, the amount of compensation shall be the actual costs of performing the services under this agreement.

If tax roll corrections are requested by the Special District, the Property Appraiser shall be compensated by the Special District for the administrative costs incurred at the rate of $5.00 for each tax roll correction exceeding ten (10) corrections per tax
year.

The Special District shall indemnify and hold harmless, to the extent permitted by Florida law and without waiving its right of any applicable sovereign immunity, the Property Appraiser and all respective officers, employees, agents and instrumentalities from any and all liability, losses or damages, including attorneys' fees and costs of defense, which the Property Appraiser and all respective officers, employees, agents or instrumentalities may incur as a result of claims, demands, suits, causes of actions or proceedings of any kind or nature arising out of, relating to or resulting from the negligent or intentional acts or omissions of the Special District or its employees, agents, servants, partners, principals, or subcontractors arising out of, relating to, or resulting from the performance of the Agreement. The Special District shall pay all claims and losses in connection therewith and shall investigate and defend all claims, suits or actions of any kind or nature in the name of the Property Appraiser where applicable, including appellate proceedings, and shall pay all costs, judgments, and attorneys' fees which may issue thereon.

EXECUTED By:

Special District Representative

Marsha M. Faux, CFA, ASA Polk County Property Appraiser By:

Print name

Title	Date

Marsha M. Faux, Property Appraiser

Section VII

Marsha M. Faux, CFA, ASA
POLK COUNTY PROPERTY APPRAISER
2023 Data Sharing and Usage Agreement

NORTH POWERLINE ROAD CDD
This Data Sharing and Usage Agreement, hereinafter referred to as “Agreement,” establishes the terms and conditions under which the NORTH POWERLINE ROAD CDD, hereinafter referred to as “agency,” can acquire and use Polk County Property Appraiser data that is exempt from Public Records disclosure as defined in FS 119.071.

As of July 1, 2021, the Florida Public Records Exemptions Statute was amended as it relates to the publicly available records

maintained by the county property appraiser and tax collector. As a result, exempt (aka confidential) parcels and accounts
have been added back to our website and FTP data files. No owner names, mailing addresses, or official records (OR) books and pages of recorded documents related to these parcels/accounts, appear on the Property Appraiser’s website or in FTP data files. In addition, the Polk County Property Appraiser’s mapping site has been modified to accommodate the statutory change. See Senate Bill 781 for additional information.

For the purposes of this Agreement, all data is provided. It is the responsibility of the agency to apply all statutory guidelines relative to confidentiality.

The confidentiality of personal identifying information including: names, mailing address and OR Book and Pages owned by individuals that have received exempt / confidential status, hereinafter referred to as “confidential data,” will be protected as follows:
The agency will not release confidential data that may reveal identifying information of individuals exempted from Public Records disclosure.
The agency will not present the confidential data in the results of data analysis (including maps) in any manner that would reveal personal identifying information of individuals exempted from Public Records disclosure.
The agency shall comply with all state laws and regulations governing the confidentiality and exempt status of personal identifying and location information that is the subject of this Agreement.
The agency shall ensure any employee granted access to confidential data is subject to the terms and conditions of this Agreement.
The agency shall ensure any third party granted access to confidential data is subject to the terms and conditions of this Agreement. Acceptance of these terms must be provided in writing to the agency by the third party before personal identifying information is released.
The term of this Agreement shall commence on January 1, 2023 and shall run until December 31, 2023, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew. A new agreement will be provided annually to ensure all responsible parties are aware of and maintain the terms and conditions of this Data Sharing and Usage Agreement.
In witness of their agreement to the terms above, the parties or their authorized agents hereby affix their signatures.

POLK COUNTY PROPERTY APPRAISER	NORTH POWERLINE ROAD CDD

Signature:	 		Signature:	 		
Print:	Marsha M. Faux CFA, ASA		Print:	 		
Title:	Polk County Property Appraiser		Title:	 		
Date:	December 1, 2022		Date:	 		

Please email the signed agreement to pataxroll@polk-county.net.

Section VIII

SECTl-"ON·C

1

North Powerline Road CDD
Field Management Report

01/03/2023
Marshall Tindall Field Services Manager
GMS

North Powerline Road CDD Field Management Report | GMS 2023

Landscaping & Ponds

Landscaping work has been good.
Grass has been mowed and planters have been kept neat and clean.
Ponds look good overall.
Monitoring some hog activity around some of the CDD areas.
Review of entry landscape with landscaper – consideration of some minor adjustments for continuity and ease of maintenance.

Amenity

Maintenance of facilities is satisfactory.
Small area of coping is being repaired under warranty.
New table frame has been ordered and will be installed once received.
ISP line was cut by home construction. Repair was arranged and card systems were restored.

3

North Powerline Road CDD Field Management Report | GMS 2023

Playground Fence

Playground measurements were taken and submitted to fence vendors.
Gathering proposals for fence and installation.

Furniture Cleaning

Pool furniture will be scheduled for cleaning in the off season.

5

North Powerline Road CDD Field Management Report | GMS 2023

Conclusion

For any questions or comments regarding the above information, please contact me by phone at 407-346-2453, or by email at mtindall@gmscfl.com. Thank you.

Respectfully, Marshall Tindall

Section 1

Item will be provided under separate cover.

Section D

Section 1

North Powerline Road
Community  Development  District
Summary of Checks

November 26, 2022 to December 23, 2022

Bank	Date	Check No.'s	Amount	

General Fund	
12/7/22	
423 - 424	
$	2,050.00	
	12/14/22	425 - 433	$	12,283.85	
	12/21/22	434 - 437	$	4,813.94	
			$	19,147.79	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 12/27/22	PAGE	1
*** CHECK DATES 11/26/2022 - 12/23/2022 ***	N POWERLINE RD - GENERAL
BANK A NORTH POWERLINE RD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
12/07/22 00051 11/22/22 8603	202211 330-57200-48200	*	550.00
MTHLY CLEANING SVC-NOV 22
CSS CLEAN STAR SERVICES CENTRAL FL	550.00 000423
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/07/22 00050 12/01/22 17995	202212 330-57200-48500	*	1,500.00
POOL MAINTENANCE - DEC 22
RESORT POOL SERVICES DBA	1,500.00 000424
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/14/22 00057 12/06/22 DA120620 202212 310-51300-11000	*	200.00
SUPERVISOR FEES 12/06/22
DANIEL ARNETTE	200.00 000425
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/14/22 00058 12/06/22 EC120620 202212 310-51300-11000	*	200.00
SUPERVISOR FEES 12/06/22
EMILY J CASSIDY	200.00 000426
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/14/22 00006 12/01/22 81	202212 310-51300-34000	*	3,154.42
MANAGEMENT FEES - DEC 22
12/01/22 81	202212 310-51300-35200	*	100.00
WEBSITE ADMIN - DEC 22
12/01/22 81	202212 310-51300-35100	*	150.00
INFO TECHNOLOGY - DEC 22
12/01/22 81	202212 310-51300-31300	*	500.00
DISSEMINATION - DEC 22
12/01/22 81	202212 330-57200-48300	*	416.67
AMENITY ACCESS - DEC 22
12/01/22 81	202212 310-51300-51000	*	3.46
OFFICE SUPPLIES
12/01/22 81	202212 310-51300-42000	*	46.37
POSTAGE
12/01/22 82	202212 320-53800-34000	*	1,312.50
FIELD MANAGEMENT - DEC 22
GOVERNMENTAL MANAGEMENT SERVICES	5,683.42 000427
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/14/22 00032 12/12/22 5129	202211 310-51300-31500	*	1,369.75
BOS MTG/CONFER/RESOLUTION
KE LAW GROUP, PLLC	1,369.75 000428
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/14/22 00008 12/06/22 KC120620 202212 310-51300-11000	*	200.00
SUPERVISOR FEES 12/06/22
KEVIN CHINOY	200.00 000429
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/14/22 00009 12/06/22 LS120620 202212 310-51300-11000	*	200.00
SUPERVISOR FEES 12/06/22
LAUREN SCHWENK	200.00 000430
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
NPRC NORTH POWER LI MBYINGTON

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 12/27/22	PAGE	2
*** CHECK DATES 11/26/2022 - 12/23/2022 ***	N POWERLINE RD - GENERAL
BANK A NORTH POWERLINE RD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
12/14/22 00029 11/30/22 00050948 202211 310-51300-48000	*	956.88
NOT.LO MTG/ELECTION 11/3
11/30/22 00050948 202211 310-51300-48000	*	359.25
RFP AUDIT SVCS 11/7
11/30/22 00050948 202211 310-51300-48000	*	311.35
NOT OF AUDIT C MTG 11/29
CA FLORIDA HOLDINGS, LLC	1,627.48 000431
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/14/22 00044 10/31/22 023175	202210 310-51300-31100	*	412.50
GEN ENGINEER - REQ38 PH3
NORTH POWERLINE ROAD CDD C/O USBANK	412.50 000432
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/14/22 00054 12/14/22 12142022 202212 300-15500-10000	*	2,390.70
PLAYGRND/FUR LEASE-JAN 23
WHFS, LLC	2,390.70 000433
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/21/22 00043 12/15/22 6643-12- 202212 310-51300-31200	*	450.00
ARBITRAGE - SERIES 2020
AMTEC	450.00 000434
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/21/22 00049 12/01/22 25140	202212 320-53800-47000	*	918.00
LAKE MAINTENANCE - DEC 22
AQUAGENIX	918.00 000435
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/21/22 00034 12/01/22 7520	202212 320-53800-46200	*	2,990.42
LAWN MAINTENANCE - DEC 22
PRINCE & SONS INC.	2,990.42 000436
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/21/22 00059 12/15/22 11093455 202212 330-57200-34500	*	455.52
SECURITY 12/9 - 12/15
SECURITAS SECURITY SERVICES USA,INC	455.52 000437
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	19,147.79
TOTAL FOR REGISTER	19,147.79

NPRC NORTH POWER LI MBYINGTON

Section 2

North Powerline Road
Community Development District

Unaudited Financial Reporting
November 30, 2022

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Series 2020 Debt Service Fund 	

5	
	Series 2022 Debt Service Fund 	

6	
	Series 2020 Capital Projects Fund	

7	
	Series 2022 Capital Projects Fund	

8-9	
	Month to Month	

10	
	Long Term Debt Summary	

11	
	Assessment Receipt Schedule	

Combined Balance Sheet November 30, 2022

General
Fund

Debt Service
Fund

Capital Projects	Totals
Fund	Governmental Funds

Assets:
Cash:
Operating Account	

$	202,197	

$	

-	

$	-	

$	202,197	
Capital Projects Account
Investments:	$	-	$	-	$	1,000	$	1,000	
Series 2020 Reserve	
$	
-	$	356,047	$	-	
$	356,047	
Revenue	$	-	$	14,323	$	-	$	14,323	
Prepayment	$	-	$	9	$	-	$	9	
Construction - Phase 1	$	-	$	-	$	9,572	$	9,572	
Construction - Phase 2	$	-	$	-	$	386	$	386	
Series 2022 Reserve	
$	-	$	758,588	$	-	$	758,588	
Revenue	$	-	$	6,648	$	-	$	6,648	
Construction - Phase 3	$	-	$	-	$	1,298,454	$	1,298,454	
Construction - Phase 4	$	-	$	-	$	1,083,326	$	1,083,326	
Cost of Issuance	$	-	$	-	$	1,766	$	1,766	
Due from General Fund	$	-	$	12,479	$	-	$	12,479	
Prepaid Expenses	$	2,391	$	-	$	-	$	2,391	
Total Assets	$	204,588	$	1,148,094	$	2,394,505	$	3,747,187	
Liabilities:
Accounts Payable	
$	3,960	
$	
-	$	-	$	3,960	
Due to Debt Service	$	12,479	$	-	$	-	$	12,479	
Retainage Payable	$	-	$	-	$	232,664	$	232,664	
Total Liabilites	$	16,439	$	-	$	232,664	$	249,103	
Fund Balance:
Nonspendable: Prepaid Items	

$	2,391	

$	

-	$	-	$	2,391	
Restricted for:
Debt Service - Series 2020	
$	
-	$	382,858	$	-	
$	382,858	
Debt Service - Series 2022	$	-	$	765,236	$	-	$	765,236	
Capital Projects - Series 2020	$	-	$	-	$	10,958	$	10,958	
Capital Projects - Series 2022	$	-	$	-	$	2,150,883	$	2,150,883	
Unassigned	$	185,759	$	-	$	-	$	185,759	
Total Fund Balances	$	188,149	$	1,148,094	$	2,161,841	$	3,498,084	
					
Total Liabilities & Fund Balance	$	204,588	$	1,148,094	$	2,394,505	$	3,747,187	

General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending November 30, 2022

Adopted	Prorated Budget	Actual	
Budget	Thru 11/30/22	Thru 11/30/22	Variance	

Revenues:		
Assessments - Tax Roll	$	371,728	$	9,803	$	9,803	$	-	
Assessments - Direct Bill	$	178,885	$	44,722	$	44,722	$	-	
Developer Contributions	$	114,111	$	-	$	-	$	-	
Miscellaneous Revenue	$	-	$	-	$	60	$	60	
Interest	$	-	$	-	$	3	$	3	
Total Revenues	$	664,725	$	54,525	$	54,587	$	63	

Expenditures:						
General & Administrative:						
Supervisor Fees	$	12,000	$	2,000	$	1,400	$	600	
Engineering	$	20,000	$	3,333	$	413	$	2,921	
Attorney	$	30,000	$	5,000	$	4,192	$	808	
Annual Audit	$	5,500	$	-	$	-	$	-	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	-	
Arbitrage	$	1,350	$	-	$	-	$	-	
Dissemination	$	7,000	$	1,167	$	1,000	$	167	
Trustee Fees	$	12,500	$	-	$	-	$	-	
Management Fees	$	37,853	$	6,309	$	6,309	$	(0)	
Information Technology	$	1,800	$	300	$	300	$	-	
Website Maintenance	$	1,200	$	200	$	200	$	-	
Telephone	$	300	$	50	$	-	$	50	
Postage & Delivery	$	1,000	$	167	$	41	$	126	
Insurance	$	6,684	$	6,684	$	5,988	$	696	
Printing & Binding	$	1,000	$	167	$	-	$	167	
Legal Advertising	$	10,000	$	1,667	$	1,939	$	(272)	
Other Current Charges	$	5,000	$	833	$	79	$	755	
Office Supplies	$	625	$	104	$	7	$	97	
Travel Per Diem	$	600	$	100	$	-	$	100	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	159,587	$	33,255	$	27,042	$	6,214	

General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending November 30, 2022

Adopted	Prorated Budget	Actual	
Budget	Thru 11/30/22	Thru 11/30/22	Variance	

Operations & Maintenance		
Field Expenditures
Property Insurance	
$	20,000	
$	20,000	
$	11,774	
$	8,226	
Field Management	$	15,750	$	2,625	$	2,625	$	-	
Landscape Maintenance	$	95,000	$	15,833	$	5,981	$	9,852	
Landscape Replacement	$	25,000	$	4,167	$	-	$	4,167	
Lake Maintenance	$	21,600	$	3,600	$	1,836	$	1,764	
Streetlights	$	75,000	$	12,500	$	5,018	$	7,482	
Electric	$	7,500	$	1,250	$	516	$	734	
Water & Sewer	$	2,400	$	400	$	183	$	217	
Sidewalk & Asphalt Maintenance	$	2,500	$	417	$	-	$	417	
Irrigation Repairs	$	5,000	$	833	$	229	$	604	
General Repairs & Maintenance	$	15,000	$	2,500	$	-	$	2,500	
Contingency	$	7,500	$	1,250	$	-	$	1,250	
Subtotal Field Expenditures	$	292,250	$	65,375	$	28,161	$	37,214	

Amenity Expenditures
Amenity - Electric	

$	14,400	

$	2,400	

$	2,570	

$	(170)	
Amenity - Water	$	4,000	$	667	$	348	$	319	
Playground Lease	$	28,688	$	4,781	$	4,781	$	-	
Internet	$	2,000	$	333	$	202	$	131	
Pest Control	$	600	$	100	$	-	$	100	
Janitorial Services	$	7,500	$	1,250	$	1,100	$	150	
Security Services	$	34,000	$	5,667	$	-	$	5,667	
Pool Maintenance	$	20,000	$	3,333	$	3,250	$	83	
Amenity Access Management	$	5,000	$	833	$	833	$	(0)	
Amenity Repairs & Maintenance	$	15,000	$	2,500	$	2,132	$	368	
Contingency	$	7,500	$	1,250	$	-	$	1,250	
Subtotal Amenity Expenditures	$	138,688	$	23,115	$	15,216	$	7,899	
					
Total Operations & Maintenance	$	430,938	$	88,490	$	43,377	$	45,112	
					
Total Expenditures	$	590,525	$	121,745	$	70,419	$	51,326	
					
Excess (Deficiency) of Revenues over Expenditures	$	74,200		$	(15,832)		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	(74,200)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(74,200)	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	0		$	(15,832)		
					
Fund Balance - Beginning	$	-		$	203,981		
					
Fund Balance - Ending	$	0		$	188,149		

Debt Service Fund Series 2020
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending November 30, 2022

Adopted	Prorated Budget	Actual	
Budget	Thru 11/30/22	Thru 11/30/22	Variance	

Revenues:		
Assessments - Tax Roll	$	711,117	$	18,757	$	18,757	$	-	
Interest	$	-	$	-	$	2,380	$	2,380	
Total Revenues	$	711,117	$	18,757	$	21,136	$	2,380	

Expenditures:					
Interest - 11/1	$	229,241	$	229,241	$	229,241	$	(0)	
Special Call - 11/1	$	-	$	-	$	5,000	$	(5,000)	
Principal - 5/1	$	255,000	$	-	$	-	$	-	
Interest - 5/1	$	229,241	$	-	$	-	$	-	
Total Expenditures	$	713,481	$	229,241	$	234,241	$	(5,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	(2,364)		$	(213,104)		
					
Fund Balance - Beginning	$	233,810		$	595,963		
					
Fund Balance - Ending	$	231,446		$	382,858		

Debt Service Fund Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending November 30, 2022

	Adopted	Prorated Budget	Actual		
	Budget	Thru 11/30/22	Thru 11/30/22	Variance	

Revenues:					
Assessments - Direct Bill	$	758,588	$	-	$	-	$	-	
Interest	$	-	$	-	$	3,811	$	3,811	
Total Revenues	$	758,588	$	-	$	3,811	$	3,811	

Expenditures:					
Interest - 11/1	$	239,566	$	239,566	$	239,566	$	-	
Principal - 5/1	$	150,000	$	-	$	-	$	-	
Interest - 5/1	$	303,675	$	-	$	-	$	-	
Total Expenditures	$	693,241	$	239,566	$	239,566	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	65,347		$	(235,755)		
					
Fund Balance - Beginning	$	239,566		$	1,000,990		
					
Fund Balance - Ending	$	304,912		$	765,236		

Capital Projects Fund Series 2020
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending November 30, 2022

Adopted	Prorated Budget	Actual	
Budget	Thru 11/30/22	Thru 11/30/22	Variance	

Revenues		
Developer Contributions	$	-	$	-	$	7,570	$	7,570	
Interest	$	-	$	-	$	41	$	41	
Total Revenues	$	-	$	-	$	7,611	$	7,611	

Expenditures:					
Capital Outlay - Phase 1	$	-	$	-	$	232	$	(232)	
Capital Outlay - Phase 2	$	-	$	-	$	7,570	$	(7,570)	
Total Expenditures	$	-	$	-	$	7,802	$	(7,802)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(191)		
					
Fund Balance - Beginning	$	-	$	11,149		
					
Fund Balance - Ending	$	-	$	10,958		

Capital Projects Fund Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending November 30, 2022

	Adopted		Prorated Budget	Actual		
		Budget		Thru 11/30/22	Thru 11/30/22	Variance	
Revenues							
Interest	$		-	$		-	$	20,527	$	20,527	
Total Revenues	$		-  $		-  $	20,527	$	20,527	

Expenditures:							
Capital Outlay - Phase 3	$		-	$		-	$	1,384,034	$	(1,384,034)	
Capital Outlay - Phase 4	$		-	$		-	$	362,987	$	(362,987)	
Total Expenditures	$		-  $		-  $	1,747,021	$	(1,747,021)	
							
Excess (Deficiency) of Revenues over Expenditures	$		-		$	(1,726,494)		
							
Fund Balance - Beginning	$		-		$	3,877,377		
							
Fund Balance - Ending	$		-		$	2,150,883		

North Powerline Road
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Revenues:

Assessments - Tax Roll	$	-	$	
Assessments - Direct Bill	$	44,722	$	
Developer Contributions	$	-	$	

9,803  $		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$	
-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$	44	
-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$	
-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$	
2  $		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$		-	$	

9,803
,722
- 60
3

9,805  $

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

-

$

54,587

Miscellaneous Revenue	$	60	$	
Interest	$	1	$	
Total Revenues	$	44,783	$	

Expenditures:			
General & Administrative:			
Supervisor Fees	$	600	$	
Engineering	$	413	$	
Attorney	$	2,822	$	
Annual Audit	$	-	$	
Assessment Administration	$	5,000	$	
Arbitrage	$	-	$	
Dissemination	$	500	$	
Trustee Fees	$	-	$	
Management Fees	$	3,154	$	
Information Technology	$	150	$	
Website Maintenance	$	100	$	
Telephone	$	-	$	
Postage & Delivery	$	25	$	
Insurance	$	5,988	$	
Printing & Binding	$	-	$	
Legal Advertising	$	311	$	
Other Current Charges	$	39	$	
Office Supplies	$	1	$	
Travel Per Diem	$	-	$	
Dues, Licenses & Subscriptions	$	175	$	

800  $
-  $
1,370  $
-  $
-  $
-  $
500  $
-  $
3,154  $
150  $
100  $
-  $
16  $
-  $
-  $
1,627  $
39  $
6  $
-  $
-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	1,400
-  $	413
-  $	4,192
-  $	-
-  $	5,000
-  $	-
-  $	1,000
-  $	-
-  $	6,309
-  $	300
-  $	200
-  $	-
-  $	41
-  $	5,988
-  $	-
-  $	1,939
-  $	79
-  $	7
-  $	-
-  $	175

Total General & Administrative	$	19,279  $	7,763  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	27,042

North Powerline Road
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Operations & Maintenance

Field Expenditures Property Insurance Field Management Landscape Maintenance Landscape Replacement Lake Maintenance Streetlights
Electric
Water & Sewer
Sidewalk & Asphalt Maintenance Irrigation Repairs
General Repairs & Maintenance Contingency

$	11,774  $
$	1,313  $
$	2,990  $
$	-  $
$	918  $
$	2,509  $
$	195  $
$	150  $
$	-  $
$	229  $
$	-  $
$	-  $

-  $
1,313  $
2,990  $
-  $
918  $
2,509  $
321  $
33  $
-  $
-  $
-  $
-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	11,774
-  $	2,625
-  $	5,981
-  $	-
-  $	1,836
-  $	5,018
-  $	516
-  $	183
-  $	-
-  $	229
-  $	-
-  $	-

Subtotal Field Expenditures	$	20,078  $	8,083  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	28,161

Amenity Expenditures Amenity - Electric Amenity - Water Playground Lease
Internet Pest Control
Janitorial Services Security Services Pool Maintenance
Amenity Access Management Amenity Repairs & Maintenance Contingency

$	956  $
$	175  $
$	2,391  $
$	101  $
$	-  $
$	550  $
$	-  $
$	1,750  $
$	417  $
$	1,882  $
$	-  $

1,614  $
173  $
2,391  $
101  $
-  $
550  $
-  $
1,500  $
417  $
250  $
-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $
-  $	-  $	-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	2,570
-  $	348
-  $	4,781
-  $	202
-  $	-
-  $	1,100
-  $	-
-  $	3,250
-  $	833
-  $	2,132
-  $	-

Other Financing Sources/Uses:

Transfer In/(Out)

$

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-

Net Change in Fund Balance	$	(2,795)  $	(13,036)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	(15,832)

Total Other Financing Sources/Uses	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

Excess (Deficiency) of Revenues over Expenditures	$	(2,795)  $	(13,036)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	(15,832)

Total Expenditures	$	47,578  $	22,841  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	70,419

Total Operations & Maintenance	$	28,299  $	15,078  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	43,377

Subtotal Amenity Expenditures	$	8,221  $	6,995  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	15,216

North Powerline Road
Community Development District Long Term Debt Report

Series 2020, Special Assessment Revenue Bonds	
Maturity Date:	5/1/2051	
Reserve Fund Definition	50% Maximum Annual Debt Service	
Reserve Fund Requirement	$356,047	
Reserve Fund Balance	$356,047	
Bonds Outstanding - 12/14/20	$12,685,000	
Less: Principal Payment - 05/01/22	($250,000)	
Less: Special Call - 05/01/22	($20,000)	
Less: Special Call - 11/01/22	($5,000)	
Current Bonds Outstanding	$12,410,000	

Series 2022, Special Assessment Revenue Bonds	
Maturity Date:	11/1/2052	
Reserve Fund Definition	Maximum Annual Debt Service	
Reserve Fund Requirement	$758,588	
Reserve Fund Balance	$758,588	
Bonds Outstanding - 06/09/22	$11,000,000	
Current Bonds Outstanding	$11,000,000	

North Powerline Road
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2023

Gross Assessments $  400,416.70	$  766,155.52	$ 1,166,572.22	
Net Assessments  $  372,387.53	$  712,524.63	$ 1,084,912.16	
ON ROLL ASSESSMENTS
34.32%	65.68%	100.00%

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commission	
Interest	
Net Receipts	
O&M Portion	Series 2020 Debt Service	
Total	

11/16/22	
ACH	
$10,160.21	
($406.39)	
($195.08)	
$0.00	
$9,558.74	
$3,281.11	
$6,277.63	
$9,558.74	
11/21/22	ACH	$22,539.95	($901.49)	($432.77)	$0.00	$21,205.69	$7,278.69	$13,927.00	$21,205.69	
11/25/22	ACH	$10,056.05	($402.20)	($193.08)	$0.00	$9,460.77	$3,247.33	$6,213.44	$9,460.77	
11/30/22	1% Fee Adj	($11,665.73)	$0.00	$0.00	$0.00	($11,665.73)	($4,004.17)	($7,661.56)	($11,665.73)	
	TOTAL	$	31,090.48	$	(1,710.08)	$	(820.93)	$	-	$	28,559.47	$	9,802.96	$	18,756.51	$	28,559.47	

3%
$ 1,056,352.69

Net Percent Collected
Balance Remaining to Collect

DIRECT BILL ASSESSMENTS

2023-01
CH Dev LLC			
Net Assessments	
$389,374.55	
$74,681.76	
$314,692.79	
Date
Received	Due
Date	Check
Number	
Net Assessed	Amount
Received	Operations &
Maintenance	Series 2022
Debt Service	
10/11/22	10/1/22	1187 & 1523	$18,670.44	$18,670.44	$18,670.44	$0.00	
	12/1/22		$18,670.44		$0.00	$0.00	
	2/1/23		$18,670.44		$0.00	$0.00	
	4/1/23		$189,401.19		$0.00	$0.00	
	5/1/23		$18,670.44		$0.00	$0.00	
	10/1/23		$125,291.60		$0.00	$0.00	
			$389,374.55	$18,670.44	$18,670.44	$0.00	

2023-02
GLK Real Estate LLC			
Net Assessments	
$335,874.90	
$64,420.57	
$271,454.33	
Date
Received	Due
Date	Check
Number	
Net Assessed	Amount
Received	Operations &
Maintenance	Series 2022
Debt Service	
10/11/22	10/1/22	1187 & 1523	$16,105.14	$16,105.14	$16,105.14	$0.00	
	12/1/22		$16,105.14		$0.00	$0.00	
	2/1/23		$16,105.14		$0.00	$0.00	
	4/1/23		$163,377.67		$0.00	$0.00	
	5/1/23		$16,105.14		$0.00	$0.00	
	10/1/23		$108,076.66		$0.00	$0.00	
			$335,874.89	$16,105.14	$16,105.14	$0.00	

2023-03
Cassidy Holdings LLC			
Net Assessments	
$68,576.46	
$13,152.92	
$55,423.54	
Date
Received	Due
Date	Check
Number	
Net Assessed	Amount
Received	Operations &
Maintenance	Series 2022
Debt Service	
10/11/22	10/1/22	1187 & 1523	$3,288.23	$3,288.23	$3,288.23	$0.00	
	12/1/22		$3,288.23		$0.00	$0.00	
	2/1/23		$3,288.23		$0.00	$0.00	
	4/1/23		$33,357.25		$0.00	$0.00	
	5/1/23		$3,288.23		$0.00	$0.00	
	10/1/23		$22,066.30		$0.00	$0.00	
			$68,576.47	$3,288.23	$3,288.23	$0.00	

2023-04
Northeast Polk Lan	
d Investments LLC		
Net Assessments	
$138,847.72	
$26,630.89	
$112,216.83	
Date
Received	Due
Date	Check
Number	
Net Assessed	Amount
Received	Operations &
Maintenance	Series 2022
Debt Service	
10/11/22	10/1/22	1187 & 1523	$6,657.72	$6,657.73	$6,657.73	$0.00	
	12/1/22		$6,657.72		$0.00	$0.00	
	2/1/23		$6,657.72		$0.00	$0.00	
	4/1/23		$67,538.89		$0.00	$0.00	
	5/1/23		$6,657.72		$0.00	$0.00	
	10/1/23		$44,677.94		$0.00	$0.00	
			$138,847.71	$6,657.73	$6,657.73	$0.00