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 Wednesday, June 9, 2021 at 3:30 p.m. at 346 E. Central Ave., Winter Haven, Florida.

Present and constituting a quorum:

Rennie Heath Lauren Schwenk Andrew Rhinehart Matthew Cassidy

Also present were:

Jill Burns Michelle Rigoni Justin Frye

FIRST ORDER OF BUSINESS

Chairman Vice Chairman
Assistant Secretary Assistant Secretary

District Manager, GMS District Counsel

Roll Call

Ms. Bums called the meeting to order and called the roll. Four supervisors were present constituting a quorum.

SECOND ORDER OF BUSNESS	Public Comment Period
There were no members of the public present at the meeting, on the conference call line, or joining via Zoom.

TIDRD ORDER OF BUSINESS	Approval of the Minutes of the May 12,
2021 Board of Supervisors Meeting
Ms. Burns presented the May 12, 2021 meeting minutes asked for a motion to approve both sets of minutes. The Board had no changes or corrections to the minutes.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Minutes of the May 12, 2021 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Consideration	of	Notice	of Boundary
Amendment
Ms. Burns noted the boundary amendment had been approved June 7, 2021 and asked for a motion to approve and to authorize counsel to record.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Notice of Boundary Amendment and Authorization for Counsel to Record, was approved.

FIFTH ORDER OF BUSINESS	Consideration of Amended and Restated
Engineer's Report
Mr. Wood was not present for the meeting, therefore, Ms. Rigoni read out a section of his report that stated that the report added on a new Phase 4 that was added on with the boundary amendment, noting that it updated the old methodology in that it combined some original phases. She also added that exhibit 7 of the report summarized the costs as well as the estimated total capital improvement plan, totaling $28,148,000. She also noted that in his report, it was Mr. Wood's recommendation that the costs were provided in the report were reasonable and complete for the construction of the public improvements. She asked if there were any questions, and hearing none asked for a motion to approve.

On MOTION by Mr. Heath, seconded by Ms. Schwenk, with all in favor, the Amended and Restated Engineer's Report, was approved.

SIXTH ORDER OF BUSINESS	Consideration of Amended and Restated
Master Assessment Methodology
Ms. Bums stated that the methodology amended and restated the original approved master report and provided for an updated assessment methodology that reflected the additional parcels. She presented the different tables of the report, including Table 1 which totaled 1,168 total assessable units, Table 2 which included the improvement costs per unit, Table 3 which had a bond sizing of $36,500,000, Table 4 which outlined the improvement costs per unit for each of the 1,168 units. She also noted that Table 5 had a par debt per unit of $31,250, Table 6 had a net and gross annual debt assessment per unit, with the gross totaling $2,441, and also Table 7 which outlined the par debt per acre. She asked if the Board had any questions, and Ms. Rigoni asked if the lands included in the preliminary assessment roll received special benefits from the assessment, as well

as if the lands were reasonably and fairly allocated, to which Ms. Burns answered yes. She then asked for a motion to approve.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Amended and Restated Master Assessment Methodology, was approved.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2021-07
Declaring	Special	Assessments	on Boundary Amendment Parcels
Ms. Burns stated that they would mail out the notice to the new areas at the boundary amendment hearing that was approved on June 7th• She asked if there were any questions, and hearing none asked for a motion to approve.

On MOTION by Mr. Heath, seconded by Ms. Schwenk, with all in favor, Resolution 2021-07 Declaring Special Assessments on Boundary Amendment Parcels, was approved.

EIGHTH ORDER OF BUSINESS	Consideration	of	Resolution	2021-08
Setting a Public Hearing on the Imposition of Special Assessments on the Boundary Amendment Parcels
Ms. Burns stated that the next meeting they could send notice for would be July 14th•    The Board agreed that they would have the public hearing on August 11th at 3:30 p.m. at the current location (346 E. Central Ave., Winter Haven, FL 33880). Ms. Burns asked for a motion to approve the resolution.

On MOTION by Ms. Schwenk, seconded by Mr. Heath, with all in favor, Resolution 2021-08 Setting a Public Hearing on the Imposition of Special Assessments on the Boundary Amendment Parcels for August 11, 2021 at 3:30 p.m. at the Cassidy Offices, was approved.

NINTH ORDER OF BUSINESS	Consideration of Temporary Construction
and Access Easement Agreements for Phase2
Jack M. Berry, Inc.

Lucerne Park Investment, LLC
Ms. Burns stated that Lucerne Park Investment, LLC would be used for one portion of Phase 2 and Jack M. Berry, Inc. would be used for the other portion. She added that they would grant nonexclusive construction and access easements through the easement area for the sole purpose of constructing the improvements until the District acquired the easement area. She asked for a motion to approve.

On MOTION by Mr. Heath, seconded by Mr. Rhinehart, with all in favor, the Temporary. Construction and Access Easement Agreements for Phase 2 with Jack M. Berry, Inc. and Lucerne Park Investment, LLC, were approved.

TENTH ORDER OF BUSINESS	Consideration of Construction Funding
Agreement for Phase 2
Ms. Burns stated that the agreement was with JMBI Real Estate, LLC, and asked for a motion to approve. The Board had no questions on the agreement.

On MOTION by Mr; Heath, seconded by Mr. Rhinehart, with all in favor, the Funding Agreement for Phase 2 with JMBI, was approved.

ELEVENTH ORDER OF BUSINESS
Attorney
Ms. Rigoni had nothing to report.

Staff Reports

Engineer
Mr. Wood was not present at the meeting.

District Manager's Report
Approval of the Check Register
Ms. Burns stated that the check register was included in the agenda package. It is from May 5th through June 2nd• She asked for a motion to approve.
On MOTION by Ms. Schwenk, seconded by Mr. Cassidy, with all in favor, the Check Register from May 5 through June 2, was approved.

Balance Sheet and Income Statement

Ms. Burns presented the financials and asked for any questions. The Board had no questions.

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

THIRTEENTH ORDER OF BUSINESS

Other Business

Supervisors	Requests	and	Audience Comments

Ms. Burns stated that she had received a letter of resignation from Jack Berry and asked for a motion to accept.

On MOTION by Mr. Rhinehart, seconded by Mr. Heath, with all in favor, the Letter of Resignation from Jack Berry, was approved.

Ms. Bums then noted that there was a vacancy on the Board and asked if anyone had a nomination to fill the vacancy. The Board nominated Justin Frye to fill the vacancy, and Ms. Bums asked for a motion to approve. Ms. Bums swore in Mr. Frye to the Board.

On MOTION by Mr. Rhinehart, seconded by Mr. Heath, with all in favor, the Nomination of Justin Frye to Fill the Vacancy, was approved.

FOURTEENTH ORDER OF BUSINESS	Adjournment
Ms. Bums adjourned the meeting.

On MOTION by Mr. Heath, seconded by Mr. Frye, with all in favor, the meeting was adjourned.