North Powerline Road Community Development District
Meeting Agenda February 6, 2024

North Powerline Road
Community Development District

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

January 30, 2024

Board of Supervisors
North Powerline Road Community Development District

Dear Board Members:

A Board of Supervisors Meeting of the North Powerline Road Community Development District will be held Tuesday, February 6, 2024 at 10:00 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 January 9, 2024 Board of Supervisors Meeting
Consideration of Resolution 2024-03 Setting a Public Hearing on the Adoption of Easement Variance Rules for the District
Presentation of Arbitrage Rebate Report for Series 2020 Bonds from AMTEC
Consideration of 2024 Non-Ad Valorem Contract Agreement with Polk County Property Appraiser
Staff Reports
Attorney
Engineer
Field Manager’s Report
Discussion Regarding Parking Sign Placement in Community
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
MINUTES OF MEETING NORTH POWERLINE ROAD
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the North Powerline Road Community Development District was held on Tuesday, January 9, 2024 at 9:30 a.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present and constituting a quorum:

Daniel Arnette	Assistant Secretary
Emily Cassidy	Assistant Secretary
Kevin Chinoy	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Lauren Gentry	District Counsel, KVW Law
Savannah Hancock	District Counsel, KVW Law
Marshall Tindall	Field Manager, GMS

The following is a summary of the discussions and actions taken at the January 9, 2024 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 in person constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns opened the public comment period on any of the agenda items. She noted that no members of the public were joining via Zoom. Hearing no public comments, the next item followed.

THIRD ORDER OF BUSINESS	Approval of Minutes of the November 7,
2023 Board of Supervisors Meeting

Ms. Burns presented the November 7, 2023 minutes and asked for any comments or changes. Hearing no changes, she asked for a motion of approval.

FOURTH ORDER OF BUSINESS	Presentation and Approval of Quote from
ProPlaygrounds for Playground Equipment for Deer Run at Crosswinds
Ms. Burns stated Greg sent this quote over totaling $130,999 and is looking to order this in January. She stated the next thing will be the lease purchase agreement and with it financed it is in budget to pay the monthly amount from now until the end of the year. It is a five-year lease purchase agreement. HNB properties will provide the funds up front. There will be property insurance on the structure. She noted Lauren Gentry drafted this.

FIFTH ORDER OF BUSINESS	Consideration of 2024 Data Sharing and
Usage	Agreement	with	Polk	County Property Appraiser
Ms. Burns stated this is the required annual renewal for them to provide the listing of parcels so the District can collect on the tax roll.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Gentry stated that she had two updates for the Board. There are new ethics training requirements that go into effect in 2024 for CDD Supervisors. Supervisors have all year to complete those requirements. A memo was circulated with a link to the Commission on Ethics

website that has some free on demand courses. She noted her firm has some customized CDD training. Ms. Burns stated four hours are required. Ms. Gentry noted maybe they could do two workshops. Second update is in 2024 Form 1 instead of being mailed to the local Supervisor of Elections will be filed online through a portal directly to the Commission on Ethics. The Commission on Ethics will be emailing Supervisors in April links and correct address for submitting Form 1. She noted for any questions reach out to her or Jill.

Engineer
Ms. Burns stated the District Engineer was not on the line today.

Field Manager’s Report
Mr. Tindall stated the pool was closed for part failure. The vendor coordinated with the manufacturer to have system tested and pool pump drive was replaced and pool was reopened. Two palm trees were removed from the pool to safeguard pool plumbing. A palm was replaced at the entrance as well as routine grass maintenance. Amenity plantings were completed. Review of parking conditions was completed and should have a sign proposal for the next meeting.

District Manager’s Report
Approval of Check Register
Ms. Burns presented the check register from October 28th through December 22nd totaling
$175,754.16. She noted a large portion of this is construction related invoices.

Balance Sheet & Income Statement
Ms. Burns presented the financials and asked if there were any questions. There was no action necessary from the Board.

SEVENTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.
EIGHTH ORDER OF BUSINESS	Supervisors Requests and Audience
Comments

There being no comments, the next item followed.

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

Secretary / Assistant Secretary	Chairman / Vice Chairman

Section IV
RESOLUTION 2024-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NORTH POWERLINE ROAD COMMUNITY DEVELOPMENT DISTRICT TO DESIGNATE THE DATE, TIME AND PLACE FOR A PUBLIC HEARING AND AUTHORIZATION TO PUBLISH NOTICE OF SUCH HEARING FOR THE PURPOSE OF ADOPTING RULES AND FEES OF THE DISTRICT AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the North Powerline Road Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes (“Act”), for the purpose of owning, operating, maintaining, and providing certain public infrastructure improvements; and

WHEREAS, by virtue of certain plats and other legal instruments, the District holds certain easement rights, and additional easements may in the future be dedicated to the District (together, “District Easements”); and

Whereas, construction of unauthorized improvements within District Easements may interfere with the proper operation and maintenance of the District’s improvements; and

WHEREAS, the Board of Supervisors of the District (“Board”) is authorized by the Act to adopt rules, orders, rates, fees and charges pursuant to Chapter 120, Florida Statutes.

WHEREAS, the Board finds that it is in the best interests of the District and necessary for the efficient operation of the District to set a public hearing to consider adoption of a policy and application fee for the installation of improvements within District Easements, attached hereto as Exhibit A and incorporated herein by this reference (“Easement Variance Policy”).

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 its proposed Easement Variance Policy, attached hereto as Exhibit A, which includes an application fee. The District will hold a public hearing on such Easement Variance Policy at a meeting of the Board to be held on Tuesday, April 2, 2024, at 10:00 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. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.
SECTION 4. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED this 6th day of February 2024.

ATTEST:	NORTH POWERLINE ROAD COMMUNITY DEVELOPMENT DISTRICT

Secretary	Chairperson, Board of Supervisors

Exhibit A:	Proposed Easement Variance Policy
EXHIBIT A
Proposed Easement Variance Policy
NORTH POWERLINE ROAD COMMUNITY DEVELOPMENT DISTRICT
Easement Variance Policy
Effective: 	

Scope. This policy applies to requests to construct/install improvements within easements held by the North Powerline Road Community Development District (“District”). No improvements, including fences, pavers, landscaping, etc., may be constructed or installed within District easements without approval from the District. This policy is intended to prevent damage which may be caused by unauthorized obstruction of District easements.
Request Procedures. Individuals who wish to construct or install improvements within a District easement must (a) submit an application form to the District Manager or his or her designee, and (b) pay a $75 fee to offset the costs of processing the request. The application must be signed by the owner(s) of the property. Please note that in swale areas, any approved fence must be constructed in a manner which does not impede the flow of water. An example of permissible and impermissible fences in swale areas is attached as Exhibit A. Please also note that fences and other improvements may not be permissible in certain easement areas due to underground improvements, access and maintenance requirements, or other factors in the District’s discretion.
Approval. If approved, the owner(s) of the property must execute an agreement in a form acceptable to the District, which shall be recorded in the Public Records of Polk County, Florida. The District Manager shall have authority to approve applications. There shall be no requirement to bring the application before the Board of Supervisors (“Board”) for approval, unless extraordinary circumstances warrant Board consideration. The District’s approval of an application constitutes approval from the District only. The requestor is responsible for obtaining any other necessary approvals, permits and authorizations for the project, including but not limited to approvals from an HOA, county, municipality, or any other entity having an interest in the project or property utilized.
Denial. The District reserves the right to deny any request that, in its sole discretion, poses an undue risk of damage to District property or improvements; unduly limits the District’s rights to use the easement for its stated purpose; poses an undue risk to the health, safety, or welfare of District residents, guests, staff, and invitees; and/or is otherwise incompatible with the nature of the easement in question. If a request is denied, the requestor may appeal the denial at the next meeting of the Board that is at least ten (10) days from the notice of denial. The Board’s decision upon appeal shall be final.
Encroachment Without Approval. If improvements are constructed or installed within a District easement without approval, the District reserves the right to take all available legal action against the person or entity engaging in such unauthorized use.
Severability. The invalidity or unenforceability of any one or more provisions of these policies shall not affect the validity or enforceability of the remaining provisions, or any part of the policies not held to be invalid or unenforceable.
Sovereign Immunity. Nothing herein shall constitute or be construed as a waiver of the District’s sovereign immunity or limitations on liability contained in Section 768.28, Florida Statutes, or other statutes or law.
EXHIBIT A

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 December 14, 2023

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	19	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	20	

January 25, 2024

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 31, 2024. 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 December 14, 2023

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	1.392423%	20,439.16	(36,754.82)	
Interest Account	0.005888%	4.03	(2,825.76)	
Totals	0.525471%	$20,584.69	$(137,208.01)	
Bond Yield	3.759179%			
Rebate Computation Credits	(5,777.09)			
Net Rebatable Arbitrage	$(142,985.10)			

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 December 14, 2023, the Computation Date. 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 December 14, 2023, 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 December 14, 2023, the Computation Date.

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 December 14, 2023, 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

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

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	
12/02/22			982.85	1,021.41	
01/04/23			1,110.41	1,150.16	
02/01/23			114.06	117.81	
02/02/23			1,182.31	1,221.09	
03/02/23			1,132.87	1,166.41	
04/04/23			1,280.58	1,314.13	
05/02/23			1,293.16	1,323.20	
06/02/23			1,406.81	1,435.03	
07/05/23			1,376.95	1,399.79	
08/02/23			1,438.66	1,458.44	
09/05/23			1,493.76	1,509.14	
10/03/23			1,445.62	1,456.28	
11/02/23			1,497.67	1,504.19	
12/04/23			1,452.75	1,454.25	

	ARBITRAGE REBATE CALCULATION DETAIL REPORT			
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF		
DATE	DESCRIPTION	(PAYMENTS)	(3.759179%)	
12/14/23	Bal	355,932.83	355,932.83	
12/14/23	Acc	677.74	677.74	
12/14/23	TOTALS:	20,439.16	-36,754.82	

ISSUE DATE:	12/14/20	REBATABLE ARBITRAGE:	-36,754.82	
COMP DATE:	12/14/23	NET INCOME:	20,439.16	
BOND YIELD: 3.759179%	TAX INV YIELD:	1.392423%	

	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	
12/14/22		-1,830.00	-1,899.44	
12/14/23		-1,960.00	-1,960.00	
12/14/23	TOTALS:	-5,570.00	-5,777.09	

ISSUE DATE:	12/14/20	REBATABLE ARBITRAGE: -5,777.09 COMP DATE:	12/14/23
BOND YIELD: 3.759179%

Section VI
CONTRACT AGREEMENT
This Agreement made and entered into on Wednesday, January 31, 2024 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 2024 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, 2024 or the date signed below, whichever is later, and shall run until December 31, 2024, 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 2024 TRIM Notice, the Special District shall provide proposed assessments no later than Friday, July 12, 2024. 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 13, 2024. 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 2024 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 2024 tax roll. For the TRIM Notice, the Property Appraiser will require payment on or before Friday, September 13, 2024 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

Section C

Vendors have kept up the facilities clean and well maintained.
Restroom door latch was found to be catching and was replaced.
Monthly playground review was done.
Found and resolved loose handle.
Restroom door was sticking and was adjusted.

Landscape Review

New annuals were installed.
Plant beds are neat and clean.
New palm is being monitored at entrance, and appears to be doing well.
Minor irrigation repairs were identified throughout and were addressed.

Pond levels are still low in places.
Some algae blooms have been noted for the pond vendor to focus on.
Overall ponds are being well maintained by aquatics vendor.

Site Items

Hogs

Review of Hog activity along perimeter of community.
Activity level as increased. Hogs tend to be active more this time of year.
Some areas will need to be cleaned up before they can maintenance can continue.
Heaviest activity is in phase 3.
Making arrangements for essential maintenance and reviewing other options for additional actions if needed.

North Powerline Road CDD Field Management Report | GMS 2024

New area construction is moving forward. Entrance sign lettering is up.
Landscaping is being installed. Coordinating with landscaper on proposal for new area pending completed landscaping.
Identified 1 pond to be added to aquatic schedule.

Section 1
ut ,._ ,..., J
-cc f 1»0'lHi·-==-

SCALE I"• 150'

INDEX MAP
NOTE:R£FDITOTHEF'OU.OWINGSHEITS
Of' THIS PV,T J'OR OCTAUD UB£1.JNG

FLORIDA O
CTORACT
(O".AllQOOCl,hOl!l_.,J

'IJ.,l'.:, :j I

1,-... A,\l OII.OAD
 (t,•,ia,;:,ac,<T-o,-wAI') 
(11\.AIIIOOl<J,PM;ES,:>-U)
FLORI DEVELOPMENT
CO TRACT

£ASTto\NIWh'OF™E t/<OFTME
.-•T=•J=•a,n~,c7c._
•/•Of" J,..:
I I
i
rrrn
7l+l·I·Hi • i*,!	,, A0
-r-r'	r+--r-r-1-r	.;;;;,,---;;-
I
_J	?",.e? •	=_j_J_J

j_	...

J h,.:,i11i-'·:
J l"l·l·l·l·I
-" ,	•
·1.¥.--···,·.,.·r	•
t::t::::.l(A'·erz,1,r
L.
J l·l·l·l·l·I
WESTEIILY Of"TH(
S01.11><1/Z!Jf"TIIKl'Sll
..027,'1.Dltl(ll
(PU,TIIOOl<l,P-«SIIG-63)

I
FLO_RID,A_DE,VELOPMENT
1+1·1-1·1 i	-·I·	r •·;,::\·=·;";;.'n z 	l11i•llli	'--+,L- l '---e- E SIIADlfDRIVE-	,.._,,,
CO TRAC_T
J 1TT1' i:1II_,.:,,=,i,m. ,.-, '{ri,og

-- , --

k '"°Jr'a%
-  O(\o(U>PW(NTC,O,fflllel
l-:T.7,,.-O,f" S(CT(IN­l
•
LlRESUBDIVISI,;;:; •---....... ....
l,P..:t$10-6l}
 - .:.: ,.  I	I
---- -=	-:.
NNAMEDROAO
F'Ul!IX"'!,ITT-Of"-W>,')

SU6!S MOJ
sauoz 6up1Jed -

U6!S J.:>!IOd MO! •
OCK 1 BY HOLLY	Ill;;:;
~'Trillc•

FLORIO,A.
DEVE1.0i'M"" CO TRACT t"l,OTIOOOCl
Iii	I
IIOO><J,P.oGaeG-63)

Z 18 Z·8 I 3SlfHd
S3N0Z 9Nl>llllfd • 00) 0ll 3Nllll3M0d H.Lll0N
Governmental Management Services

Maintenance
Services

Bill To/District:
North Powerline Road CDD	Prepared By:
Governmental Management Services, LLC 219 E. Livingston Street
Orlando, FL 32801	
Job name and Description		
North Powerline Road CDD – Custom Parking Plan Signs (part 2)

Proposal is for delivery and installation of the following:
Qty_29 Parking Allowed arrow signs.
Relocate Qty_1 Tow Policy sign from Bridge to rear entrance.		

Qty	Description	Unit Price	Line Total	
	Labor		$1,520.00	
	Mobilization		$130.00	
	Equipment		$150.00	
	Materials		$3,268.29	
Total Due:	$5,068.29			

Notes:
Placements of signs will be based on onsite conditions. Final signs design is subject to changes as needed.

Section D

Section 1

Summary of Check Register

December 23, 2023 to January 29, 2024

Bank	Date	Check No.'s	Amount	

General Fund	

1/5/24	

622-627	

$	1,003,821.63	
	1/19/24	628-638	$	22,729.38	
	1/26/24	639-641	$	1,182.00	
			$	1,027,733.01	
Capital Projects Fund	
1/4/24	
126-127	
$	38,876.00	
	1/8/24	128-129	$	257,024.30	
	1/12/24	130	$	50,400.00	
			$	346,300.30	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/01/24	PAGE	1
*** CHECK DATES 12/23/2023 - 01/29/2024 ***	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	#
1/05/24 00051 12/20/23 11361	202312 330-57200-48200	*	550.00
MONTHLY CLEANING - DEC 23
CSS CLEAN STAR SERVICES CENTRAL FL	550.00 000622
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/05/24 00006 11/30/23 125	202311 320-53800-48000	*	380.00
CLEAN COLUMNS/FIX SIGNS
GOVERNMENTAL MANAGEMENT SERVICES-CF	380.00 000623
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/05/24 00053 12/21/23 56169589 202312 330-57200-48100	*	40.00
PEST CONTROL - DEC 23
MASSEY SERVICES INC.	40.00 000624
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/05/24 00044	1/02/24 01022024 202401 300-20700-10200	*	1,765.95
FY23 DEBT SERVICE S2020
1/02/24 01022024 202401 300-20700-10200	*	563,065.00
FY24 DEBT SERVICE S2020
1/02/24 01022024 202401 300-20700-10200	*	427,284.16
FY24 DEBT SERVICE S2022
NORTH POWERLINE ROAD CDD C/O USBANK	992,115.11 000625
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/05/24 00034 12/01/23 10930	202312 320-53800-46200	*	3,820.42
LANDSCAPE MAINT - DEC 23
12/12/23 11108	202312 320-53800-47300	*	184.85
IRRIGATION REPAIRS
12/13/23 11112	202312 320-53800-46300	*	606.25
REPLACE SABAL PALM
PRINCE & SONS INC.	4,611.52 000626
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/05/24 00050 12/18/23 21343	202312 330-57200-49000	*	4,625.00
NEW DANFOSS DRIVE
1/01/24 21410	202401 330-57200-48500	*	1,500.00
POOL MAINTENANCE - JAN 24
RESORT POOL SERVICES DBA	6,125.00 000627
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/19/24 00049	1/01/24 INV-0141 202401 320-53800-47000	*	918.00
LAKE MAINTENANCE - JAN 24
AQUAGENIX	918.00 000628
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/19/24 00057	1/09/24 DA010920 202401 310-51300-11000	*	200.00
SUPERVISOR FEES 01/09/24
DANIEL ARNETTE	200.00 000629
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/19/24 00058	1/09/24 EC010920 202401 310-51300-11000	*	200.00
SUPERVISOR FEES 01/09/24
EMILY J CASSIDY	200.00 000630
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
NPRC NORTH POWER LI AGUZMAN
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER
*** CHECK DATES 12/23/2023 - 01/29/2024 ***	N POWERLINE RD - GENERAL
BANK A NORTH POWERLINE RD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME
PAGE	2

....CHECK.....
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
1/19/24 00006	1/01/24 126	202401 310-51300-34000
MANAGEMENT FEES - JAN 24 1/01/24 127	202401 320-53800-34000
FIELD MANAGEMENT - JAN 24
GOVERNMENTAL MANAGEMENT SERVICES-CF	4,711.50 000631
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/19/24 00065	1/03/24 01032024 202401 310-51300-42000	*	332.98
2023 TAX NOTICE MAILING
JOE G. TEDDER , TAX COLLECTOR	332.98 000632
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/19/24 00008	1/09/24 KC010920 202401 310-51300-11000	*	200.00
SUPERVISOR FEES 01/09/24
KEVIN CHINOY	200.00 000633
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/19/24 00032 12/15/23 8209	202311 310-51300-31500	*	1,558.68
GENERAL COUNSEL - NOV 23
KILINSKI / VAN WYK, PLLC	1,558.68 000634
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/19/24 00034	1/01/24 11174	202401 320-53800-46200	*	3,820.42
LANDSCAPE MAINT - JAN 24
1/05/24 11316	202401 320-53800-47300	*	213.70
IRRIGATION REPAIRS
PRINCE & SONS INC.	4,034.12 000635
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
21367	202312 330-57200-48500	*	220.00
NEW TORO VALVE/RESERVOIR
21628	202401 330-57200-48500	*	1,275.00
POOL MAINT SHRTFALL OCT23
21628	202401 330-57200-48500	*	1,275.00
POOL MAINT SHRTFALL NOV23
21628	202401 330-57200-48500	*	1,275.00
POOL MAINT SHRTFALL DEC23
21628	202401 330-57200-48500	*	1,275.00
POOL MAINT SHRTFALL JAN24
21653	202401 330-57200-48500	*	45.00
REPLACE 1 PSI GAUGE
RESORT POOL SERVICES DBA	5,365.00 000636
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/19/24 00059 12/31/23 11567771 202312 330-57200-34500	*	2,818.40
SECURITY SERVICES DEC23
SECURITAS SECURITY SERVICES USA,INC	2,818.40 000637
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/19/24 00054	1/11/24 02012024 202401 300-15500-10000	*	2,390.70
PLAYGRND/FUR LEASE JAN24
WHFS, LLC	2,390.70 000638
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
NPRC NORTH POWER LI AGUZMAN
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/01/24	PAGE	3
*** CHECK DATES 12/23/2023 - 01/29/2024 ***	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	#
1/26/24 00060	1/08/24 107211	202401 330-57200-48000	*	388.00
ELECTRIC STRIKE
CURRENT DEMANDS ELECTRICAL	388.00 000639
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/26/24 00032	1/15/24 8415	202312 310-51300-31500	*	754.00
GENERAL COUNSEL - DEC 23
KILINSKI / VAN WYK, PLLC	754.00 000640
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/26/24 00053	1/18/24 56671424 202401 330-57200-48100	*	40.00
PEST CONTROL - JAN 24
MASSEY SERVICES INC.	40.00 000641
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	1,027,733.01
TOTAL FOR REGISTER	1,027,733.01

NPRC NORTH POWER LI AGUZMAN
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/01/24	PAGE	1
*** CHECK DATES 12/23/2023 - 01/29/2024 ***	N POWERLINE RD - CAP S2020
BANK B NORTH POWERLINE RD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/04/24 00035 11/19/23 7933	202401 600-53800-60000	*	276.00
031 PH1 FR#18
KILINSKI VAN WYK PLLC	276.00 000126
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/04/24 00012 11/16/23 11347	202401 600-20700-10100	*	38,600.00
032 PH4 FR#23
STEWART & ASSOCIATES PROPERTY SVCS	38,600.00 000127
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/08/24 00002 11/30/23 021909	202401 600-20700-10100	*	970.89
032 PH3 FR#29
ABSOLUTE ENGINEERING INC	970.89 000128
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/08/24 00023	8/31/23 PAYREQ#1 202401 600-20700-10100	*	256,053.41
032 PH3 FR#29
THE KEARNEY COMPANIES, LLC	256,053.41 000129
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/12/24 00004 12/05/23 FES15277 202401 600-20700-10100	*	50,400.00
032 PH3 FR#30
FAULKNER ENGINEERING SERVICES INC	50,400.00 000130
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK B	346,300.30
TOTAL FOR REGISTER	346,300.30

NPRC NORTH POWER LI AGUZMAN

Section 2

North Powerline Road
Community Development District

Unaudited Financial Reporting
December 31, 2023

Table of Contents

1	Balance Sheet	

2-3	

General Fund	

4	

Capital Reserve Fund	

5	

Series 2020 Debt Service Fund	

6	

Series 2022 Debt Service Fund	

7	

Series 2020 Capital Projects Fund	

8	

Series 2022 Capital Projects Fund	

9-10	

Month to Month	

11	

Long Term Debt Summary	

12	

Assessment Receipt Schedule	
Combined Balance Sheet December 31, 2023

Assets:
Cash:

Investments:

D D P

Liabilities:
Accounts Payable	$	15,558	$	-	$	-	$	15,558				
Contracts Payable	$	-	$	-	$	295,624	$	295,624				
Due to Debt Service	$	992,115	$	-	$	-	$	992,115				
Retainage Payable	$	-	$	-	$	256,053	$	256,053					
Total Liabilites	$	1,007,673	$	-	$	551,678	$	1,559,350					
Fund Balance:
Nonspendable: Prepaid Items	

$	2,391	

$	

-	

$	

-	

$	2,391	
Restricted for:							
Debt Service - Series 2020	$	-	$	965,901	$	-	$	965,901				
Debt Service - Series 2022	$	-	$	1,042,927	$	-	$	1,042,927				
Capital Projects - Series 2020	$	-	$	-	$	1,472	$	1,472				
Capital Projects - Series 2022	$	-	$	-	$	(255,017)	$	(255,017)				
Assigned for:
Capital Reserves	$	-	$	
-	$	75,108	
$	75,108					
Unassigned	$	717,932	$	-	$	-	$	717,932					
Total Fund Balances	$	720,323	$	2,008,829	$	(178,437)	$	2,550,715			
							
Total Liabilities & Fund Balance	$	1,727,996	$	2,008,829	$	373,241	$	4,110,065			

	Adopted	Prorated Budget	Actual				
	Budget	Thru 12/31/23	Thru 12/31/23		Variance		

Revenues:							
Assessments - Tax Roll	$	632,269	$	499,645	$	499,645	$		-	
Assessments - Direct Bill	$	105,677	$	52,838	$	52,838	$		-	
Boundary Amendment Contributions	$	-	$	-	$	3,796	$	3,796			
Interest	$	-	$	-	$	11	$	11			
Total Revenues	$	737,946	$	552,483	$	556,290	$	3,807			

Expenditures:							
General & Administrative:							
Supervisor Fees	$	12,000	$	3,000	$	1,000	$	2,000			
Engineering	$	20,000	$	5,000	$	340	$	4,660			
Attorney	$	30,000	$	7,500	$	3,373	$	4,127			
Annual Audit	$	5,500	$	-	$	-	$	-			
Assessment Administration	$	6,500	$	6,500	$	6,500	$	-			
Arbitrage	$	1,350	$	-	$	-	$	-			
Dissemination	$	7,000	$	1,750	$	2,000	$	(250)			
Trustee Fees	$	12,500	$	-	$	-	$	-			
Management Fees	$	40,000	$	10,000	$	10,000	$	-			
Information Technology	$	1,890	$	473	$	473	$	-			
Website Maintenance	$	1,260	$	315	$	315	$	-			
Postage & Delivery	$	1,000	$	250	$	80	$	170			
Insurance	$	7,687	$	7,687	$	6,371	$	1,316			
Printing & Binding	$	1,000	$	250	$	62	$	188			
Legal Advertising	$	10,000	$	2,500	$	8,240	$	(5,740)			
Other Current Charges	$	5,000	$	1,250	$	118	$	1,132			
Office Supplies	$	625	$	156	$	8	$	148			
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-			
Total General & Administrative	$	163,487	$	46,805	$	39,053	$	7,752			

Operations & Maintenance							
Field Expenditures
Property Insurance	
$	20,000	
$	20,000	
$	19,777	
$	223			
Field Management	$	16,538	$	4,134	$	4,135	$	-			
Landscape Maintenance	$	100,000	$	25,000	$	16,621	$	8,379			
Landscape Replacement	$	25,000	$	6,250	$	4,066	$	2,184			
Lake Maintenance	$	21,600	$	5,400	$	2,754	$	2,646			
Fountain Maintenance	$	1,800	$	450	$	150	$	300			
Streetlights	$	75,000	$	18,750	$	22,051	$	(3,301)			
Electric	$	7,500	$	1,875	$	1,998	$	(123)			
Water & Sewer	$	2,400	$	600	$	51	$	549			
Sidewalk & Asphalt Maintenance	$	2,500	$	625	$	-	$	625			
Irrigation Repairs	$	5,000	$	1,250	$	958	$	292			
General Repairs & Maintenance	$	15,000	$	3,750	$	1,170	$	2,580			
Contingency	$	7,500	$	1,875	$	-	$	1,875			
Subtotal Field Expenditures	$	299,838	$	89,959	$	73,731	$	16,229			

	Adopted	Prorated Budget	Actual		
	Budget	Thru 12/31/23	Thru 12/31/23	Variance	

Amenity Expenditures
Amenity - Electric	

$	16,800	

$	4,200	$	5,495	

$	(1,295)	
Amenity - Water	$	4,000	$	1,000	$	760	$	240	
Playground Lease	$	53,688	$	13,422	$	7,172	$	6,250	
Internet	$	2,000	$	500	$	322	$	178	
Pest Control	$	630	$	158	$	120	$	38	
Janitorial Services	$	10,800	$	2,700	$	1,650	$	1,050	
Security Services	$	34,000	$	8,500	$	8,028	$	472	
Pool Maintenance	$	36,000	$	9,000	$	4,720	$	4,280	
Amenity Access Management	$	5,250	$	1,313	$	1,313	$	-	
Amenity Repairs & Maintenance	$	15,000	$	3,750	$	1,582	$	2,168	
Contingency	$	7,500	$	1,875	$	4,625	$	(2,750)	
Subtotal Amenity Expenditures	$	185,668	$	46,417	$	35,786	$	10,631	
				
Total Operations & Maintenance	$	485,506	$	136,376	$	109,517	$	26,859	
				
Total Expenditures	$	648,993	$	183,182	$	148,570	$	34,612	

Other Financing Uses				
Transfer Out	$	88,953	$	-	$	-	$	-	
Total Other Financing Uses	$	88,953	$	-  $	-	$	-	
				
Total Expenditures & Other Financing Uses	$	737,946	$	183,182	$	148,570	$	34,612	
				
Net Change in Fund Balance	$	-	$	407,720		
				
Fund Balance - Beginning	$	-	$	312,604		
				
Fund Balance - Ending	$	-	$	720,323		
North Powerline Road
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2023

	Adopted		Prorated Budget	Actual				
	Budget		Thru 12/31/23	Thru 12/31/23		Variance		
Revenues

Interest	

$	-	

$		

-	$	908	

$		

908	
Total Revenues	$	-	$		-  $	908	$		908	

Expenditures:

Capital Outlay	

$	-	

$		

-	$	-	

$		

-	
Total Expenditures	$	-	$		-  $	-	$		-	
								
Excess (Deficiency) of Revenues over Expenditures	$	-			$	908				

Other Financing Sources

Transfer In	

$	88,953	

$		

-	$	-	

$		

-	
Total Other Financing Sources	$	88,953	$		-  $	-	$		-	
								
Net Change in Fund Balance	$	88,953			$	908				
								
Fund Balance - Beginning	$	74,200			$	74,200				
								
Fund Balance - Ending	$	163,153			$	75,108				
North Powerline Road
Community Development District Debt Service Fund Series 2020
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2023

Adopted	Prorated Budget	Actual		
Budget	Thru 12/31/23	Thru 12/31/23	Variance	

Revenues:					
Assessments - Tax Roll	$	712,525	$	563,065	$	563,065	$	-	
Interest	$	-	$	-	$	6,758	$	6,758	
Total Revenues	$	712,525	$	563,065	$	569,823	$	6,758	

Expenditures:					
Interest - 11/1	$	225,803	$	225,803	$	225,803	$	-	
Principal - 5/1	$	260,000	$	-	$	-	$	-	
Interest - 5/1	$	225,803	$	-	$	-	$	-	
Total Expenditures	$	711,606	$	225,803	$	225,803	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	918		$	344,020		
					
Fund Balance - Beginning	$	258,989		$	621,882		
					
Fund Balance - Ending	$	259,907		$	965,901		
North Powerline Road
Community Development District Debt Service Fund Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2023

	Adopted	Prorated Budget	Actual		
	Budget	Thru 12/31/23	Thru 12/31/23	Variance	

Revenues:					
Assessments - On Roll	$	649,797	$	427,284	$	427,284	$	-	
Interest	$	-	$	-	$	22,735	$	22,735	
Total Revenues	$	649,797	$	427,284	$	450,019	$	22,735	

Expenditures:					
Special Call - 11/1	$	-	$	-	$	1,605,000	$	(1,605,000)	
Interest - 11/1	$	256,966	$	256,966	$	256,966	$	-	
Principal - 5/1	$	135,000	$	-	$	-	$	-	
Interest - 5/1	$	256,966	$	-	$	-	$	-	
Total Expenditures	$	648,931	$	256,966	$	1,861,966	$	(1,605,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	866		$	(1,411,946)		
					
Fund Balance - Beginning	$	390,410		$	2,454,874		
					
Fund Balance - Ending	$	391,276		$	1,042,927		
North Powerline Road
Community Development District Capital Projects Fund Series 2020
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2023

Adopted	Prorated Budget	Actual		
Budget	Thru 12/31/23	Thru 12/31/23	Variance	

Revenues

Interest	

$	

-	$	

-	$	212	

$	212	
Total Revenues	$	-	$	-	$	488	$	488	

Expenditures:

Admin Contingency	

$	

-	$	

-	$	115	

$	(115)	
Total Expenditures	$	-	$	-	$	115	$	(115)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	373		
					
Fund Balance - Beginning	$	-	$	1,100		
					
Fund Balance - Ending	$	-	$	1,472		
North Powerline Road
Community Development District Capital Projects Fund Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending December 31, 2023

	Adopted		Prorated Budget	Actual			
		Budget		Thru 12/31/23	Thru 12/31/23	Variance	
Revenues							
Developer Contributions	$		-	$		-	$	416,416	$	416,416	
Interest	$		-	$		-	$	21	$	21	
Total Revenues	$		-  $		-  $	416,437	$	416,437	

Expenditures:							
Capital Outlay - Phase 3	$		-	$		-	$	290,593	$	(290,593)	
Capital Outlay - Phase 4	$		-	$		-	$	126,212	$	(126,212)	
Total Expenditures	$		-  $		-  $	416,805	$	(416,805)	
							
Excess (Deficiency) of Revenues over Expenditures	$		-		$	(368)		
							
Fund Balance - Beginning	$		-		$	(254,650)		
							
Fund Balance - Ending	$		-		$	(255,017)		

Revenues:

Assessments - Tax Roll	$	8	$	4,317	$	495,320	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	499,645	
Assessments - Direct Bill	$	-	$	-	$	52,838	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	52,838										
Boundary Amendment Contributions	$	3,796	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	3,796										
Interest	$	3	$	2	$	6	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	11										
Total Revenues	$	3,807	$	4,319	$	548,164	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	556,290										

Expenditures:														
General & Administrative:														
Supervisor Fees	$	-	$	1,000	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,000										
Engineering	$	340	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	340										
Attorney	$	1,060	$	1,559	$	754	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,373										
Annual Audit	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-										
Assessment Administration	$	6,500	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,500										
Arbitrage	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-										
Dissemination	$	1,000	$	500	$	500	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,000										
Trustee Fees	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-										
Management Fees	$	3,333	$	3,333	$	3,333	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	10,000										
Information Technology	$	158	$	158	$	158	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	473										
Website Maintenance	$	105	$	105	$	105	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	315										
Postage & Delivery	$	53	$	26	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	80										
Insurance	$	6,371	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,371										
Printing & Binding	$	-	$	-	$	62	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	62										
Legal Advertising	$	8,240	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	8,240										
Other Current Charges	$	39	$	40	$	39	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	118										
Office Supplies	$	4	$	1	$	3	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	8										
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175										
Total General & Administrative	$	27,378	$	6,721	$	4,954	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	39,053										

Operations & Maintenance														
Field Expenditures
Property Insurance	

$	19,777	

$	-	

$	-	

$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	19,777										
Field Management	$	1,378	$	1,378	$	1,378	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	4,135										
Landscape Maintenance	$	6,400	$	6,400	$	3,820	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	16,621										
Landscape Replacement	$	-	$	3,460	$	606	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	4,066										
Lake Maintenance	$	918	$	918	$	918	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,754										
Fountain Maintenance	$	150	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	150										
Streetlights	$	5,362	$	11,328	$	5,360	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	22,051										
Electric	$	698	$	990	$	310	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,998										
Water & Sewer	$	17	$	17	$	17	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	51										
Sidewalk & Asphalt Maintenance	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-										
Irrigation Repairs	$	695	$	78	$	185	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	958										
General Repairs & Maintenance	$	790	$	380	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,170										
Contingency	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-										
Subtotal Field Expenditures	$	36,186	$	24,949	$	12,595	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	73,731										

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

$	1,620  $
$	255  $
$	2,391  $
$	110  $
$	40  $
$	550  $
$	2,847  $
$	1,500  $
$	438  $
$	1,117  $
$	-  $

3,108  $
232  $
2,391  $
106  $
40  $
550  $
2,363  $
1,500  $
438  $
465  $
-  $

767  $
273  $
2,391  $
106  $
40  $
550  $
2,818  $
1,720  $
438  $
-  $
4,625  $

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

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

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

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

-  $	5,495
-  $	760
-  $	7,172
-  $	322
-  $	120
-  $	1,650
-  $	8,028
-  $	4,720
-  $	1,313
-  $	1,582
-  $	4,625

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	$355,933		
Reserve Fund Balance	$355,933		
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)		
Less: Principal Payment - 05/01/23	($255,000)		
Current Bonds Outstanding	$12,155,000	

Series 2022, Special Assessment Revenue Bonds		
Maturity Date:	5/1/2052	
Reserve Fund Definition	Maximum Annual Debt Service	
Reserve Fund Requirement	$538,156	
Reserve Fund Balance	$538,156	
Bonds Outstanding - 06/09/22	$11,000,000	
Less: Principal Payment - 05/01/23	($150,000)	
Less: Special Call - 08/01/23	($1,560,000)	
Less: Special Call - 11/01/23	($1,605,000)	
Current Bonds Outstanding	$7,685,000	
North Powerline Road
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2024

	Gross Assessments	$  679,860.20	$	766,155.52	$	581,400.22	$  2,027,415.94	

ON ROLL ASSESSMENTS	Net Assessments	$  632,269.99	$	712,524.63	$	540,702.20	$  1,885,496.82	
		33.53%	37.79%	28.68%	100.00%	

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commission	
Interest	
Net Receipts	
O&M Portion	Series 2020 Debt Service	Series 2022 Debt Service	
Total	

10/19/23	
1% Fee	
($20,274.16)	
$0.00	
$0.00	
$0.00	
($20,274.16)	
($6,798.60)	
($7,661.56)	
($5,814.00)	
($20,274.16)	
10/30/23	Interest	$0.00	$0.00	$0.00	$23.22	$23.22	$7.79	$8.77	$6.66	$23.22	
11/10/23	10/13/23 - 10/14/23	$423.84	($22.25)	($8.03)	$0.00	$393.56	$131.97	$148.73	$112.86	$393.56	
11/14/23	10/01/23 - 10/31/23	$4,126.58	($165.07)	($79.23)	$0.00	$3,882.28	$1,301.86	$1,467.10	$1,113.32	$3,882.28	
11/17/23	11/01/23 - 11/05/23	$10,264.37	($410.58)	($197.08)	$0.00	$9,656.71	$3,238.21	$3,649.25	$2,769.25	$9,656.71	
11/24/23	11/06/23 - 11/12/23	$20,424.58	($816.99)	($392.15)	$0.00	$19,215.44	$6,443.58	$7,261.47	$5,510.39	$19,215.44	
12/08/23	11/13/23 - 11/22/23	$122,066.50	($4,882.65)	($2,343.68)	$0.00	$114,840.17	$38,509.74	$43,397.82	$32,932.61	$114,840.17	
12/21/23	11/23/23 - 11/30/23	$1,027,665.56	($41,107.16)	($19,731.17)	$0.00	$966,827.23	$324,209.43	$365,361.64	$277,256.16	$966,827.23	
12/29/23	12/01/23 - 12/15/23	$420,313.93	($16,814.61)	($8,069.99)	$0.00	$395,429.33	$132,600.64	$149,431.78	$113,396.91	$395,429.33	
	TOTAL	$	1,585,011.20	$	(64,219.31)	$	(30,821.33)	$	23.22	$ 1,489,993.78	$  499,644.62	$	563,065.00	$	427,284.16	$ 1,489,993.78	

DIRECT BILL ASSESSMENTS

2024-01
Cassidy Holdings LLC			
Net Assessments	
$105,676.77	
$105,676.77	
Date
Received	Due
Date	Check
Number	
Net Assessed	Amount
Received	Operations &
Maintenance	
12/18/23	10/1/23	2011	$52,838.39	$52,838.39	$52,838.39	
	2/1/24		$26,419.19	$0.00	$0.00	
	5/1/24		$26,419.19	$0.00	$0.00	
			$105,676.77	$52,838.39	$52,838.39