MINUTES OF MEETING EDEN HILLS
COMMUNITY DEVELOPMENT DISTRICT

The Regular meeting of the Board of Supervisors of the Eden Hills Community Development District was held Friday, April 8, 2020 at 5:00 p.m. via Zoom Teleconference and Telephone, with a public access point at 346 E. Central Ave., Winter Haven, Florida 33880.

Present and constituting a quorum:

Lauren Schwenk via Zoom Jack Berry via Zoom Andrew Rhinehart via Zoom

Also present were:

Jill Burns via Zoom
Roy Van Wyk via Zoom

FIRST ORDER OF BUSINESS

Vice Chairman Assistant Secretary Assistant Secretary

District Manager, GMS
District Counsel, Hopping Green & Sams

Roll Call

Ms. Bums called the meeting to order and called the roll, there were 3 Supervisors, constituting a quorum.

SECOND ORDER OF BUSNESS	Public Comment Period
There were no members of the public present via Zoom or telephone.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the February
12, 2020 Board of Supervisors Meeting

On MOTION by Mr. Berry, seconded by Ms. Schwenk, with all in favor, the Minutes of the February 12, 2020 Board of Supervisors Meeting, were approved.

Ms. Bums asked for any comments, corrections, or changes to the February 12, 2020 Board of Supervisors meeting minutes. The board had no changes.

FOURTH ORDER OF BUSINESS	Consideration	of	Supplemental
Assessment Methodology
Ms. Bums noted the Supplemental Assessment Methodology was for Phase 1 and was included in the agenda package. It would allocate the debt incurred by the District to the properties that are benefitting within Phase 1 of the District. Table 1 shows 142 units that will be of similar size with an ERU of 1. Table 2 is the Capital Improvement Plan that is outlined in the Engineer's Report and totals $3,118,000. Table 3 shows a bond sizing of $2,890,000. Table 4 has the allocation of the improvement cost. It shows the improvement cost for all 142 units. Table 5 shows the par debt per unit of $20,352 for the 142 units. Table 6 outlines the par debt and annual assessment for each product type. It is broken down by the net annual assessment and the gross annual assessment. The gross annual assessment is $1,304, and that includes the collection fees and early payment discounts on the Polk County tax bill. Table 7 shows the gross annual debt by acre. There are two parcels listed within Phase 1, both with the same landowner and the breakdown by acre is listed. The board had no questions on the Supplemental Assessment Methodology.
On MOTION by Mr. Berry, seconded by Ms. Schwenk, with all in favor, the Supplemental Assessment Methodology, was approved.

FIFTH ORDER OF BUSINESS	Consideration	of	Personnel	Leasing
Agreement

On MOTION by Mr. Berry, seconded by Mr. Rhinehart, with all in favor, the Personnel Leasing Agreement with JMBI Real Estate, LLC, was approved.

Ms. Bums reviewed the Personnel Leasing Agreement with JMBI Real Estate, LLC. JMBI Real Estate, LLC will provide administrative personnel to the District Manager and Engineer in order to help with the administration and processing of construction related activities.

SIXTH ORDER OF BUSINESS	Consideration of Construction Funding
Agreement for Phase 1
Ms. Bums noted that the agreement is with JMBI Real Estate, LLC. If the board wanted the agreement transferred, they could assign the agreement to another entity as well if they end up selling Phase 1. In order to proceed with the construction of desired and necessary improvements, the developer is going to provide the funds to the District in order to complete those improvements. The funds can then be reimbursed from bond funds once the bonds are issued. The board had no questions on the agreement.

On MOTION by Mr. Berry, seconded by Ms. Schwenk, with all in favor, the Construction Funding Agreement for Phase 1, was approved.

SEVENTH ORDER OF BUSINESS	Consideration of Temporary Construction
and   Access	Easement	Agreement	for Phase 1

On MOTION by Ms. Schwenk, seconded by Mr. Rhinehart, with all in favor, the Temporary Construction and Access Easement Agreement for Phase 1, was approved.

Ms. Burns noted that the agreement is with JMBI Real Estate, LLC. They will grant temporary construction access easement to the District for the purpose of constructing the improvements on the land.

EIGHTH ORDER OF BUSINESS	Ratification of Contract Agreement with
Polk County Property Appraiser

On MOTION by Ms. Schwenk, seconded by Mr. Berry, with all in favor, the Contract Agreement with Polk County Property Appraiser, was ratified.

Ms. Burns stated that they had already executed the agreement and it needed to be ratified by the board.

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Van Wyk explained the executive orders regarding COVID-19 and noted that the board would likely be allowed to meet via teleconference through May.

Engineer
There being none, the next item followed.

District Manager's Report
Approval of the Check Register
Ms. Burns noted the total was $18,418.44. The board had no questions on the check register.

On MOTION by Mr. Berry, seconded by Mr. Rhinehart, with all in favor, the Check Register totaling $18,418.44, was approved.

Balance Sheet and Income Statement
Ms. Bums presented the financials and asked for any questions. The board had no questions.

TENTH ORDER OF BUSINESS
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS

There being none, the next item followed.

Other Business

Supervisors	Requests	and	Audience Comments

TWELTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Berry, seconded by Mr. Rhinehart, with all in favor, the meeting was adjourned at 5:10 p.m.

Ms. Bums adjourned the meeting at 5:10 p.m.

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