Falcon Trace Community Development District

Agenda May 17, 2017

)>
C)
mz
C
l>

BOARD OF SUPERVISORS MEETING

Falcon Trace
Community Development District
135 W. Central Blvd., Suite 320, Orlando, FL 32801
Phone: 407-841-5524 - Fax: 407-839-1526

May 10, 2017
Board of Supervisors Falcon Trace Community Development District
Dear Board Members:
The regular meeting of the Board of Supervisors of Falcon Trace Community Development District will be held Wednesday, May 17, 2017 at 6:00 PM at the Big Hawk Lake Recreation Center, 13600 Big Hawk Lake Drive, Orlando, Florida. Following is the advance agenda for the meeting:
Board of Supervisors Meeting

Roll Call
Public Comment Period
Approval of the Minutes of the March 15, 2017 Meeting
Consideration of Resolution 2017-06 Approving the Proposed Budget for Fiscal Year 2018 and Setting a Public Hearing
Review and Acceptance of Fiscal Year 2016 Audit Report
Appointment of Audit Committee and Chairman
Staff Reports
Attorney
Presentation of Fee Agreement with Hopping Green & Sams
District Manager's Report
Approval of Check Register
11.	Balance Sheet and Income Statement
Field Manager's Report
Presentation of Number of Registered Voters -1,875
Supervisor's Requests
Next Meeting Date - July 19, 2017
Adjournment
Audit Committee Meeting
Roll Call
Public Comment Period
Audit Services
Approval of Request for Proposals and Selection Criteria
Approval of Notice for Request for Proposals for Auditing Services
Public Announcement of Opportunity to Provide Auditing Services
Adjournment

The second order of business is the Public Comment Period where the public has an  opportunity to be heard on propositions coming before the Board as reflected on the agenda, and any other items.
The third order of business is the approval of the minutes from the  March 15,  2017  meeting. The minutes are enclosed for your review.
The fourth order of business is the consideration of Resolution 2017-06 approving the Fiscal Year 2018 budget and setting a public hearing. Once approved, the proposed budget will be transmitted to the governing authorities at least sixty (60) days prior to the final budget hearing. A copy of the Resolution and Budget are enclosed for your review.
The fifth order of business is the review and acceptance of Fiscal Year 2016 audit report. A copy of the report is provided separately.
The sixth order of business is the appointment of the Audit Committee and Chairman. This is  an open discussion and there is no back-up.

Section B of the sixth order of business is the District Manager's Report. Section 1 includes the check register being submitted for approval and Section 2 includes the balance sheet  and income statement for your review. Section 3 is the Field Manager's Report, which will be presented at the meeting. Section 4 Is the presentation of the number of registered voters. A copy of the letter from the Orange County Supervisor of Elections is enclosed for your review.
Following the Board of Supervisor's meeting there will be an Audit Committee meeting to approve the Request for Proposals and selection criteria, and approve the RFP for Audit  Services notice. Enclosed for your review are copies of the RFP, selection criteria, and notice.
The balance of the agenda will be discussed at the meeting. · In the meantime, if you should have any questions, please do not hesitate to contact me.
Sincerely,

' ' I
Jason M. Showe District Manager
CC:		Mike Eckert, District Counsel Lindsay Whelan, District Counsel Darrin Mossing, GMS
Enclosures

j
,.-r.:.

.-f)

s:-

z

m

C:
�

en

MINUTES OF MEETING FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Falcon Trace Community Development District was held Wednesday, March 15, 2017 at 6:00 p.m. at the Big Hawk Lake Recreational Center, 13600 Hawk Lake Drive, Orlando, Florida.

Present and constituting a quorum were:

Andrew Gammon Sara Hurst
Kathy Stark
Sue Marchesi Baron Carole Miller

Also Present were:

Jason Showe Lindsay Whelan Alan Scheerer David Tuel Several Residents

FIRST ORDER OF BUSINESS

Chairman
Vice Chairman Assistant Secretary Assistant Secretary Assistant Secretary

District Manager District Counsel Field Operations Head Pool Attendant

Roll Call

Mr. Showe called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Shaikh stated these meetings should be homeowner friendly meetings. Lots of people would like these meetings to be homeowner friendly meetings. We finally got the homeowners excited and voting in the election. This is the first time in 20 years they voted twice in a row. I'm talking about-the CDD. Now is the time for them to know you. 200 people voted but they did not vote for Falcon Trace CDD Board seats. They either didn't understand it or they weren't sure. I request that we have this researched and my initial research indicates that when

March 15, 2017	Falcon Trace COD

Falcon Trace was built the CDD was the first one to come about the Homeowners Association came much after that.
Mr. Gammon asked what exactly are you asking?
Ms. Stark stated he wants to abolish the Homeowners Association and have us do that. Mr. Gammon asked is that what you are suggesting?
Mr. Shaikh stated I'm suggesting this Board essentially has always had the President of the Homeowners Association as a member.
Mr. Gammon stated I don't know ifthat is correct or not.
Mr. Shaikh stated maybe it is not correct today but for years it was correct. I suggest there is so much redundancy
Mr. Gammon stated there is no duplication ofresponsibility. This public comment period is not a stage for Mr. Shaikh. Let's take one thing at a time. We tried different times for board meetings to encourage homeowner participation. Are you suggesting that if we do it in the morning we would have better homeowner participation in meetings?
Mr. Shaikh stated no.
Mr. Gammon stated we have never had homeowner participation. We have tried different times, we increased communication in newsletters, we have a pretty decent website. We notice meetings and I'm not sure what else we can do to increase homeowner participation. We tried different times, we moved back to 6:00 p.m. and have actually had more homeowner participation now. To suggest that there is redundancy in the two Boards there is not. What I have experienced is the same folks that have the interest to get involved in the HOA they care about this community also have the interest to get involved in the CDD. Is that a coincidence, no I don't think it is. What I heard you say suggesting that it is a negative I don't see it that way but let's address the redundancy ofthe Boards. What exactly are you referring to?
Mr. Shaikh stated I really came over here a very friendly spirit, not antagonistic. Maybe you have done everything possible to increase participation. It doesn't necessarily mean that we should give up. Maybe it is not worth it. I'm not implying in any way that you have not tried. Years ago, this was the biggest secret in Falcon Trace, it is not anymore. 90% ofthe people in 2013 did not know there were two entities.
Ms. Baron stated it might have been a big secret because people did not take the time to find out. When I moved into this community I knew there was a CDD and I knew exactly what

2

March 15, 2017	Falcon Trace CDD

it was for. I use this pool, I also know we are paying for the off-site road to be completed. I knew we had our Homeowner's Association. I knew that we had a Homeowner's Association that wasn't run by the homeowners it was run by the builders at that point.
Ms. Whelan stated they were meant for different purposes. One of the pnmary differences between a CDD and HOA, among a myriad of things, the most important for you is the ability to issue tax exempt bonds to build infrastructure at a cost much cheaper than an HOA. One of the things that the HOA especially in this community is very active in is enforcing the master declaration, your deed restrictions, covenants things like that, which a CDD does not have the statutory authority to do except in very, very limited situations. We have actually done this research for a District in North Port and they actually have a defunct HOA where the HOA was run by the developer and was administratively dissolved because they didn't tum in paperwork so they effectively have no HOA. I went through tons of research to see if the CDD could take on those responsibilities for them and concluded that we could not. The ability for a CDD to do that is so incredibly narrow and in a circumstance that in my opinion you probably do not fall into. I would not recommend going down that road for that very reason.
Mr. Shaikh stated I agree but have her research further. Maybe I'm wrong but I want to know one thing if it was up to us would it make sense? Hypothetically if it was allowed to me it makes a lot ofsense.
Ms. Baron stated I do not want them to run completely the community I live in and having total control over it. As you know I do not want the HOA to take on the responsibility of this entire community center. They do a wonderful job, that is their job, which is what they do for a living. I do not want to have to figure out how to employ everybody to take care of this entire community center. I happen to like that it is separate they do their thing we do our things for our homeowners. Our homeowners have the ability to come and use this wonderful community center. I like it separate.
Ms. Miller stated I agree with that, I think we need separation of State and religion. I got involved in the CDD because I'm a homeowner and I enjoy the meetings but I see you have to absolutely have to have a separation in order to function correctly, efficiently. The Homeowner's Association takes care of a different level and that is the way I think it should be and should continue.
Mr. Shaikh stated the Homeowner's Association costs us $350,000 a year.

3

March 15, 2017	Falcon Trace COD

Ms. Whelan stated you are not taking into account that even it were legal for one entity to do both, which is not my recommendation and not my opinion based on my understanding ofthe statute but staff would not continue their tasks at the same exact rate. There is no duplication of service. You are paying a management company to manage the CDD facilities and the HOA is paying a different company to manage any HOA facilities. Ifyou had one entity doing both you could assume the cost for that contract would probably close to double. You are not paying twice for the division ofservice you are paying separate contracts. The second thing is this is a public comment period and I want the Board to remember that you don't have to feel the need to respond, you are able to take comments under advisement and I know we have a lot of other members ofthe public in attendance today so I'm not trying to cut you off but at the same time I want to make sure everybody is able to get their questions, their comments, things like that in.
The Board took a short recess after which the meeting reconvened. There were no further comments from members ofthe public.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the January 18,
2017 Meeting
Mr. Showe stated the next item is approval of the minutes of the January 18, 2017
meeting, a copy of which was provided in the agenda package.	Are there any additions, corrections or changes to the minutes?
There being none,

On MOTION by Mr. Gammon seconded by Ms. Stark with all in favor the minutes of the January 18, 2017 meeting were approved as presented.

FOURTH ORDER OF BUSINESS	Public H earing

On MOTION by Ms. Hurst seconded by Ms. Miller with all in favor the public hearing on the amenity suspension and termination rules was opened.

Consideration of Resolution 2017-04 Adopting Suspension and Termination Rules; Providing Severability Clause and Providing an Effective Date

4

March 15, 2017	Falcon Trace COD

Ms. Whelan stated this resolution adopts the suspension and termination rules that you saw at your last Board meeting and no changes have been made since that time. We have a varying degree ofsuspension term depending on how many occasions you had offenses and also based on the severity ofoffenses and it is staff's discretion ifit is something egregious they are able to immediately suspend access until the next Board meeting. No members of the public provided public comment on the proposed suspension and termination rules.

On MOTION by Ms. Hurst seconded by Ms. Baron with all in favor Resolution 2017-04 was approved.

Consideration of Resolution 2017-05 Adopting Amenity Facility Policies; Providing a Severability Clause and Providing an Effective Date
Mr. Showe stated the only substantial change is the age the Board has been talking about.
Ms. Whelan stated these are all the changes that we discussed at the last meeting and we emailed out a redline version so that you could see the changes and a clean copy is in the agenda package. One item discussed at the last meeting was whether we could only allow people who are 18 and younger to bring guests and I said I would look into that. I looked at case law and what we do in a couple other Districts and got comfortable with having that requirement in place where you have to be 18 and older to bring guests. The justification for that is by signing the amenity form that they currently sign, and we provided an updated form in the agenda package that we are going to start using as we have new residents coming in to get passes, but the justification behind that is that someone who is less than 18 years old can't sign an agreement saying they will be responsible for their guests. Since they are not able to sign only people 18 and older are able to bring guests. I took the liberty ofupdating the policies to reflect that and also to the form of liability waiver and guest pass, which would replace your current pass liability waiver. We hadn't updated that in quite some time. I have spoken to Dave about it and he doesn't think there will be a problem. The only thing that I will change from the version that is in the agenda package that says guests 1, 2, 3, and 4, that is really meant to be household member so I will change that to say household member 1 name, household member 2 name to make it clear that they don't need to sign this form. Whenever you have a new resident or renter come in to get an amenity pass they will fill this out and let us know who is in their household. That way we will be able to say ifyou are under 18 years old you are not able to make the legal

5

March 15, 2017	Falcon Trace CDD

assertions needed to bring guests into the community clubhouse. You can amend these policies by resolution at any time.
Mr. Gammon stated I want to fully understand. We have very seldom over the years not had unanimous decisions. This is the one, I don't agree with this.
Ms. Whelan stated you are talking about the age? What I recommend since obviously everybody is on the same page about every other revised provision, you will still want to adopt the resolution but it seems at this point it is helpful to have discussion between the Board Members and come to a resolution. You can even have a motion and vote on just that decision and once that is determined we can adopt the resolution with the result ofthat discussion.
Mr. Gammon stated I think it is pretty clear it is four against one so that is the discussion.
The discussion has already been made.
Mr. Showe stated ifthat is the case we can note for the record that you were in opposition with the adoption ofthe revised amenity policies and when the vote is taken it will be four to one. The Board discussed that the new amenity policies should be effective starting May 1, 2017.

On MOTION by Ms. Stark seconded by Ms. Baron with four in favor and Mr. Gammon opposed Resolution 2017-05 was approved.

On MOTION by Ms. Stark seconded by Ms. Miller with all in favor the public hearing on the amenity suspension and termination rules was closed.

FIFTH ORDER OF BUSINESS	Review and Acceptance of Draft Fiscal Year
2016 Audit Report
Mr. Showe stated the next item is review and acceptance of the Fiscal Year 2016 audit
report. We included the audit report in your agenda package and on page 27 you will note there are not current year findings, there are no prior year findings and we are in compliance with all the statutory provisions that they look. It is a clean audit.

On MOTION by Mr. Gammon seconded by Ms. Hurst with all in favor the Fiscal Year 2016 audit was accepted and staff authorized to transmit the report to the State ofFlorida.

6

March 15, 2017	Falcon Trace COD

SIXTH ORDER OF BUSINESS	Consideration of Agreement with Sharks and
Minnows Swim School
Mr. Showe stated the next item is the first amendment to the agreement with Sharks and
Minnows Swim School. It has the same terms it just provides an additional year for them to use the facilities. We did reach out to them and at least 11 residents took advantage of the voucher program last year.
Mr. Gammon asked out of how many vouchers?
Mr. Showe stated they give out up to 10 per session and they had 11 residents who took advantage of the vouchers throughout the program last year. I think the numbers were much higher when the program started.

On MOTION by Mr. Gammon seconded by Ms. Hurst with all in favor the first amendment to the agreement with Sharks and Minnows Swim School was approved.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Whelan stated the legislative session kicked off in Tallahassee at the beginning of March and our office monitors all the bills coming through as we have done every year and we monitor things that may affect the District. We will provide updates on anything that may be material to you.

Manager
Approval of Check Register
Mr. Showe stated the next item is approval of the check register for checks 35 15 through 3538 for $75,292.09 and January payroll for $923.50 for a total of $76,215.59 and Alan and I can answer any questions you rriay have. A lot of the larger checks are transfers from the general fund to the debt service fund.

On MOTION by Ms. Stark seconded by Ms. Hurst with all in favor the check register was approved.

Balance Sheet and Income Statement

7

March 15, 2017	Falcon Trace CDD

Mr. Showe stated the next item is the balance sheet and income statement. There is no action required by the Board on this item.

Field Manager's Report
Mr. Scheerer gave an overview ofthe Field Manager's report.

EIGHTH ORDER OF BUSINESS	Supervisor's Requests
There being none, the next item followed.

NINTH ORDER OF BUSINESS	Next Meeting Date - May 17, 2017
Mr. Showe stated the next meeting is scheduled for May 17, 2017 and we will have your proposed budget and ifthere is anything in particular that you would like to have in there let us know and we will incorporate it into the proposed budget.
Mr. Tuel asked when does the new policy go into effect?
Ms. Whelan stated the new policy although enacted will not be enforced until May 1.

MOTION by Mr. Gammon seconded by Ms. Miller with all in favor the meeting adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

8

-

en mn 0-
z
<

RESOLUTION 2017-06
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2017/2018 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors of the Falcon Trace Community Development District ("Board") prior to June 15, 2017, proposed budgets for Fiscal Year 2017/201 8; and
WHEREAS, the Board has considered the proposed budgets and desires to set the required public hearing thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT:
BUDGETS APPROVED. The budgets proposed by the District Manager for Fiscal Year 2015/2016 attached hereto as Exhibit A are hereby approved as the basis for conducting a public hearing to adopt said budgets.
SETTING A PUBLIC HEARING. A public hearing on said approved budgets is hereby declared and set for the following date, hour and location:

DATE: HOUR: LOCATION:

August 16, 2017
6:00 PM
Big Hawk Lake Recreation Center 13600 Hawk Lake Drive
Orlando, FL 3 2837

TRANSMITTAL OF BUDGETS TO LOCAL GENERAL PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the proposed budgets to Orange County at least 60 days prior to the hearing set above.
POSTING OF BUDGETS. In accordance with Section 189.016, Florida Statutes, the District' s Secretary is further directed to post the approved budgets on the District's website at least two days before the budget hearing date as set forth in Section 2. Ifthe District does not yet have its own website, the District's Secretary is directed to transmit the approved budgets to the manager or administrator ofOrange County for posting on its website.

1

PUBLICATION OF NOTICE. Notice ofthis public hearing shall be published in the manner prescribed in Florida law.
EFFECTIVE  DATE.	This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 17™ DAY OF MAY, 2017.

ATTEST:

Secretary

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT

By:----	------
Its:-	--------

2

•	•	•	•	•	•	•	•	•	•	•	•

•• • • • • • ••
Falcon Trace
Community Development District Proposed Budget
FY 2018

•	•	•	•	•	•	•	•	•	•	•	•	•	•	•

Table of Contents

1

2-5

6

7

8

General Fund General Fund Narrative Capital Reserve Fund
Debt Service Fund - Series 2007 Amortization Schedule - Series 2007

Falcon Trace
Communi1,· Develo[!ment District
General Fund Budget
Fiscal Year 2018

	ADOPTED
BUDGET	ACTUAL
THRU	NEXT
6	PROJECTED
THRU	PROPOSED
BUDGET	
	FY 2017	3/31/17	MONTHS	9/30/17	FY 2018	
REVENUES:
Maintenance Assessments	$355,855	$340,996	$14,859	$355,855	$355,855

$33

Miscellaneous Income	$1,000	$605	$335	$940	$1 ,000
Interest Income	$0	$25	$58	$0
TOTAL  REVENUES	$356,855	$341,634	$15,219	$356,853 		$356,855 EXPENDITURES:
Administrative:

$444

Supervisors Fees	$8,000	$2,800	$3,000	$5,800	$8,000
FICA Expense	$612	$2 14	$230	$612
Engineering Fees	$5,000	$3,500	$3,500	$5,000
Dissemination	$1 ,000	$500	$500	$1 ,000	$1 ,000
Assessment Roll	$5,000	$5,000	$5,000	$5,000
Arbitrage Rebate	$600	$0	$600	$600	$600
Attorney Fees	$1 5,000	$4,323	$1 0,600	$14,923	$15,000
Annual Audit	$3,400	$3,400	$0	$3,400	$3,400
Trustee Fees	$4,327	$4,337	$4,337	$4,337
Management Fees	$50,1 12	$25,056	$25,056	$50,112	$50,112
Information Technology	$1,450	$725	$725	$1,450	$1,450
Telephone	$100	$8	$20	$28	$100

Postage	$1,000
Printing and Binding	$1,500	$161
Insurance	$1 0,950	$10,147

$24 1	$300	$1 ,000

$489

$650	$1,500
$10, 147	$11 ,200

Legal Advertising	$2,500	$948	$1,1 70	$2,118	$2,500
Contingency	$1 ,200	$497	$602	$1 ,099	$1 ,200

$370

Property Appraiser	$1 ,000	$902	$0	$902	$1 ,000

Dues, Licenses, & Subscriptions	$175	$175	$0	$175		$175	
TOTAL ADMINISTRATIVE	$11 3,726	$54,945	$51,440	$106,384	 		$113,986	

Office Supplies	$800	$30	$400	$800

Maintenance:
Field Management	$18,780	$9,390	$9,390	$1 8,780	$18,780
Property Insurance	$6,560	$6,245	$0	$6,245	$6,870

$945

Pool Staff Payroll	$77,021	$23,214	$50,298	$73,512	$79,332
Security	$700	$460	$485	$1 ,070

$7,557

Telephone Expense	$4,500	$1,974	$888	$2,862	$1 ,977
Electric	$18,900	$8,155	$15,712	$18,900
Irrigation/Water	$13,500	$4,386	$5,614	$10,000	$13,500
Lake Maintenance	$8,600	$1 ,800	$6,800	$8,600	$8,600
Pest Control		$650		$360		$0		$360		$650 Pool Maintenance	$32,000	$10,653	$2 1,047	$31 ,700	$32,000

$2,599

Grounds Maintenance	$3 1,036	$13,811	$1 7,225	$31 ,036	$32,567
General Facility Maintenance	$8,000	$5,401	$8,000	$1 0,000
Refuse Service	$3,500	$1 ,871	$2,016	$3,887	$4,080
Field Contingency	$5,000	$0	$5,000	$5,000	$5,000
Transfer Out - Current Year	$14,382	$14,382	$19,447	$33,829	$9,543

jSlSS,185)

TOTAL MAINTENANCE		$243,129	$101 ,504	$148.965	$250,469	$242,869 TOTAL EXPENDITURES	 	$356,855	$156,449	$200,404	$356,853	$356,855

EXCESS REVENUES (EXPENDITURES)	$0	$185,185

$0	$0
Net Assessments	$355,855 Add: Discounts & Collections 		$22,714 Gross Assessments	$378 569
Total Units	902
Per Unit Assessment	$	419.70

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND BUDGET

REVENUES:
MAINTENANCE ASSESSMENTS
The District will levy a Non-Ad Valorem assessment on all of the assessable property within the District in
order to pay for the operating expenditures during the fiscal year.
MISCELLANEOUS INCOME
The District will receive income from guest fees, including rental income and pool access cards.
EXPENDITURES:
ADMINISTRATIVE:
SUPERVISORS FEES
The Florida Statutes allows each supervisor to be paid per meeting, for the time devoted to District business and
board meetings. The amount for the fiscal year is based upon 5 supervisors attending 8 monthly meetings.
FICA EXPENSE
Represents the Employer's share of Social Security and Medicare taxes withheld from Board of Supervisors checks.
ENGINEERING FEES
The District's engineer, Donald W. McIntosh Associates, Inc. will be providing general engineering services to the District on an as needed basis as directed by the Board of Supervisors.
DISSEMINATION
The District is required by the Security and Exchange Commission to comply with Rule 15c2- 12(b) (5) which relates to additional reporting requirements for unrated bond issues. The District' s hired Governmental Management Services - Central Florida, LLC. to provide this service.
ASSESSMENT ROLL
The District has contracted with Governmental Management Services - Central Florida, LLC. to levy and administer the collection ofa Non-Ad Valorem assessment on all assessable property within the District.
ARBITRAGE REBATE
The District had contracted with Grau & Associates, to annually calculate the District's Arbitrage Rebate Liability on the Series 2007 Special Assessment Bonds
ATTORNEY FEES
The District's attorney will be providing general legal services to the District, e.g., attendance and preparation for monthly meetings, reviewing contracts, agreements, resolutions, etc. The District's legal firm is Hopping, Green & Sams.
ANNUAL AUDIT
The District is required by Florida Statutes to arrange for an independent audit of its financial records on an
annual basis. The District's auditing firm is Grau & Associates.
TRUSTEE FEES
The District issued Series 2007 Special Assessment Bonds that are deposited with a Trustee at US B ank.

2

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET

MANAGEMENT FEES
The District has contracted with Governmental Management Services-Central Florida, LLC to provide Management, Accounting and Recording Secretary Services for the District. The services include, but not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reporting, annual audits, etc.
INFORMATION  TECHNOLOGY
The District incurs costs related to the District's accounting and information systems, website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.
TELEPHONE
The District incurs charges for telephone and facsimile services.
POSTAGE
Mailing of Board meeting agenda packages, overnight deliveries, checks for vendors and any other required correspondence.
PRINTING AND BINDING
Printing and binding agenda packages for board meetings, printing of computerized checks, correspondence, stationary, etc.
INSURANCE
The District's general liability and public officials liability insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.
LEGAL ADVERTISING
Advertising ofmonthly board meetings, public hearings, and any services that are required to be advertised for public bidding, i.e. audit services, engineering service, maintenance contracts and any other advertising that may be required.
CONTINGENCY
Represents estimated bank charges and any other miscellaneous charges that the District may incur during the fiscal year.
PROPERTY APPRAISER
Represent the Fiscal Year 20 17 fees to be paid to the Orange County Property Appraiser's office for assessment administration services.
OFFICE SUPPLIES
The District incurs charges for supplies that need to be purchased during the fiscal year, including copier and printer toner cartridges, paper, file folders, binders, pens, paper clips, and other such office supplies.
DUES, LICENSES, & SUBSCRIPTIONS
The District is required to pay an annual fee to the Department of Economic Opportunities for $175. This is the only expense under this category for the District.
MAINTENANCE:
FIELD MANAGEMENT
Provide onsite field management of contracts for the District per the management consulting contract with Governmental Management Services - Central Florida, LLC. Services to include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

3

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND BUDGET

PROPERTY INSURANCE
The District's property insurance coverage is provided by Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.
POOL STAFF PAYROLL
The District has contracted with Governmental Management Services - Central Florida, LLC. to hire and supervise pool attendants; coordinate all facility operations and be the contact point for answering questions and solving problems for residents. Account line includes staff hours for the fiscal year, all related benefits, and a contingency for projects and a pay increase.
SECURITY
This represents the cost of monthly monitoring ofthe security system to the recreation center.

DESCRIPTION	MONTHLY
AMOUNT	ANNUAL AMOUNT	
SAFETOUCH	$81	$970	
CONTINGENCY		$100	
		$1,070	
TELEPHONE EXPENSE
This fee represents telephone and facsimile charges for the recreational facility.

MONTHLY	ANNUAL
DESCRIPTION	AMOUNT	AMOUNT	
BRIGHTHOUSE - ACCOUNT # 0050710061-01	$148 CONTINGENCY	$1,777
$200	
	$1,977	
ELECTRIC
The District has electrical accounts with Duke Energy for the recreation facility and other District areas.

MONTHLY	ANNUAL
DESCRIPTION	AMOUNT	AMOUNT	
DUKE ENERGY - ACCOUNT # 63686 18371	$1,575	$18,900	
	$18,900	
IRRIGATION/WATER
This item represents utility service costs for water and wastewater.

DESCRIPTION	MONTHLY AMOUNT	ANNUAL AMOUNT	
ORANGE COUNTY UTILITIES - ACCOUNT # 0038166200	$1,125	$13,500
$13,500	

4

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND BUDGET

LAKE MAINTENANCE
Maintenance consists oftreatment of the lake edge on the pond area by the recreation center. Costs are based on estimated service costs.

MONTHLY	ANNUAL
DESCRIPTION	AMOUNT	AMOUNT	
AQUATIC WEED MANAGEMENT	$300 ADDITIONAL TREATMENTS	$3,600
$5,000	
	$8,600	
PEST CONTROL
Scheduled maintenance consists of monthly interior and exterior service at Big Hawk Lake recreation center.
POOL MAINTENANCE
Scheduled maintenance consists of maintaining the pool, maintaining the chlorine balance in the pool, and monthly purchase of a CO2 tank. Unscheduled maintenance consists of shocking the pool, extra chlorine treatments, or unforeseen repairs.

MONTHLY	ANNUAL
DESCRIPTION	AMOUNT	AMOUNT	
THREE GUY POOL SERVICE	$1,015
POOL MAINTENANCE CONTINGENCY	$12,180
$12,000
$7,820	
	$32,000	
GROUNDS MAINTENANCE
Scheduled maintenance consists of mowing turf, landscape maintenance, trash pickup on the common areas, and all regular landscaping maintenance activities. Unscheduled maintenance consists of repairs or replacement of damaged areas.

DESCRIPTION	MONTHLY
AMOUNT	ANNUAL
AMOUNT	
REW CUSTOM LANDSCAPE	$2,256	$27,067	
IRRIGATION REPAms		$1,500	
CONTINGENCY		$4,000	
		$32,567	
GENERAL FACILITY MAINTENANCE
Scheduled maintenance consists of cleaning the recreation center, replacing light bulbs for the tennis courts, performing any necessary general maintenance, painting, electrical and plumbing repairs, and repairing any other damages.
REFUSE SERVICE
Scheduled maintenance consists of regular trash removal.
FIELD CONTINGENCY
The current year contingency represents the potential excess of unscheduled maintenance expenses not included in budget categories or not anticipated in specific line items.
TRANSFER OUT - CURRENT YEAR
Transfer out to Capital Projects fund from FY 2018 funds.

5

Falcon Trace
Communit  Development District
Capital Reserve Fund
Fiscal Year 201 8

ADOPTED
BUDGET	ACTUAL
THRU	NEXT
6	PROJECTED
THRU	PROPOSED
BUDGET	
FY 2017	03/31/17	MONTHS	9/30/17	FY 2018	
REVENUES:

Interest	$150	$77	$23	$1 00	$150	
Beginning Fund Balance	$268,943	$272,1 99	$0	$272, 199	$306, 113 	
TOTAL REVENUES	 	$283,47S	$286,657	$19,470	$306,128	$31 5,806	
EXPENDITURES:						
Pool Furniture	$1 0,000	$0	$0	$0	$ 10,000	
Building Renovations	$20,000	$0	$0	$0	$25,000	
Transfer Out	$0			$15 	$0	
TOTAL EXPENDITURES	$30,000	$1S	 	  $0	$1S	$35,000	
						
EXCESS REVENUES	$253,475	$286,642	$19,470	$306,113	$280,806	

Transfer In	$14,382	$14,382	$19,447	$33,829	$9,543

$ 15

6

Falcon Trace
Communit ' Develo  ment District
Debt Service Fund Series 2007
Fiscal Year 2018 

ADOPTED	ACTUAL BUDGET		THRU
FY 201 7	03/31/17

NEXT	PROJECTED PROPOSED

BUDGET FY 2018

THRU 9/30/17

6
MONTHS

REVENUES:
Assessments - On Roll Interest Income Transfer In
Beginning Fund Balance

$413,660
$1 00
$0
$229,693

$396,387
$206
$229,810 

$1 7,273
$100
$13 
$0

$413,660	$41 3,660
$306	$1 00
$28	$0
$229,8 10	$226,5 16 

TOTAL REVENUES

$643,453

  $626,418	$17,386	$643,804	$640.276

EXPENDITURES:
Interest - 11/1 Principal - 5/1 Interest - 5/1
TOTAL EXPENDITURES EXCESS REVENUES

$33,644
$350,000
$33,644
$417,288
$226,166

$33,644
$0
$0
$33,644
 	$592,774

$0
$350,000
$33,644
$383,644 ($366,258)

$33,644	$25,988
$350,000	$370,000
$33,644	$25,988
$417,288	$421,975
 	$226,516	$218,301
11 /01/18	$17,663

Net Assessments		$41 3,660 Add: Discounts & Collections	 		$26,404 Gross Assessments	$440,064
Total Units	900
Per Unit Assessment $	488.96

7

FALCON TRACE
Communitv Development District
SERIES 2007 SPECIALASSESSMENTS BONDS DEBT SERVICE SCHEDULE
AMORTIZATION SCHEDULE

 	DATE	BALANCE	RATE	PRINCIPAL	INTEREST	TOTAL

11 /0 1/17	$1, 155,000.00	4.500%	$0.00	$25,987.50

$409,63 1 .25

 05/01/18	$1 155 000.00	4.500%	$370.000.00	$25,987.50

11 /0 1/18 
05/01/19 
1 1/0 1/19
05/01/20

$785,000.00	4.500%	$0.00	$1 7,662.50
$785,000.00	4.500%	$385,000.00	$17,662.50
$400,000.00	4.500%	$0.00	$9,000.00
$400,000.00	4.500%	$400,000.00	$9,000.00
$1,155,000.00	$105,300.00

8

$413,650.00
$411 ,662.50
$409,000.00
$t,643,943.1s 1

CJ)
m
0
0z
<

This item will be provided under separate cover

en

0

m
--I
0z
.-<-

11  .opping	iree	& Sams
Attorneys and Counselors

March 24, 2017

Falcon Trace Community Development District District Manager
Governmental Management Services Central Florida, LLC
135 West Central Boulevard, Suite 3 20
Orlando, Florida 3280 1
Re:	Falcon Trace Community Development District Dear District Manager:

1�, J.t:e;Tf? f ir� mi
M MAR 2 7 2:11	iW
BY·_____________

The fee agreement in place between our firm and the District contemplates adjustments to the hourly rates from time to time after an annual evaluation by our firm. The firm has not increased rates for the District since 20 15 and is respectfully submitting this notification well in advance of the budget planning process. For Fiscal Year 20 1712018, our firm is proposing to increase our standard hourly rates. My hourly rate is proposed to adjust from $290 to $310, which is an increase of $20 per hour. The hourly rate of the associate most likely to provide services to the District, is proposed to adjust from $225 to $245. The rate for paralegal services will increase to $135. The new hourly rates are proposed to take effect on October 1, 20 17. 
As always, we will continue to implement cost-effective strategies to minimize legal expenses for the District while at the same time providing thoughtful and comprehensive services.
If you have any questions, please feel free to call. We thank you for the opportunity to be of service.

Sincerely,

Michael C. Eckert

MCE/cab
cc:	Andrew Gammon, Board Chairman

Post Office Box 6526	Tallahassee, Florida 32314	119 S. Monroe Street, Suite 300 (32301)	850.222.7500	850.224.8551 fax	www.hgslaw.com

CD

I

I

Fund
General Fund

Capital Projects Fu

Payroll

Falcon Trace
Community Development District
Check Register Summary
March 6, 2017 to May 9, 2017

3/7/17	3539	$	14,382.00	
3/9/ 17	3540-3544	$	6,822.60	
3/ 10/17 	3545	$	5,952.63	
3/15/17 	3546	$	24,447.30	
3/16/17	3547	$	300.00	
3/22 /17	3548	$	5,393.81	
3/23/17	3549-3551	$	1,712.70	
3/24/ 17	3552	$	1,825.83	
3/30/ 17	3553-3554	$	591.50	
4/5/ 17	3555-3556	$	6,073.32	
4/6/17 	3557-3558	$	1,045.00	
4/13/17 	3559-3560	$	468.00	
4/20/17	3561-3565	$	15,963.56	
4/24/17	3566-3567	$	6,269.41	
4/27/ 17	3568	$	477.50	
5/4/ 17	3569	$	2,671.00	
$	94,396.16

nd	5/3/17	14	$	1 0,207.00	

Date	Check No.'s

Andrew Gammon	50264	$	184.70	
Carole Miller	50265	$	184.70	
Kathy Stark	50266	$	184.70	
Sara Hurst	50267	$	184.70	
Susan Baron	50268	$	184.70	
		$	923.50	

March 2017

Amount	I

$	10,207.00

$	10s,s26.66 1

A*P300R	PAGE

YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/10/17	1
**  CHECK  DATES  03/06/2017 - 05/09/2017 ***	FALCON TRACE CDD -GENERAL FUND
BANK  A  FALCON   TRACE  CDD

DATE

CHECK	VEND#	• • D. A. T. EINVOIINCVEO• I• C. E• •    • Y. R. MEXOPENDPSTEDATCOCT. #. . SUB	SUBCLASS

VENDOR NAME

STATUS	AMOUNT

AM• . O• U, NCTHECK • • • • . 

#

3/ 07/17 00088 

3/06/17 03062017 201703 32 0-58100-10000 

*	14,3 82 .0 0

- - - - - - - - - - - - - - - - -

- -	FY17 CAPITAL RESERVE FUND	FALCON TRACE CDD

-  - - -  - -  - -  -  -  -14-,3 -82 -. 0-0   003539 

-

- -

- - - - -

- - - - - - - - - - - - - -

3/09/17 00078 

3/09 /17 03092017 201703 320-53800-47600 

*	750 .00

- - - -

R-EN-WL  P-REV  MN-T  DATA  PRINT- -DA-TA  EQUIPMENT ,   INC .

-	750 . 00 003540 

3/09/17 00015 
3/ 09/17 00019 

2/27/17 92398	201701 310-51300-31500 
RULEMAKING HEAR/CDD MTG 2/27/17 92399	201701 3 10-51300-31500 

- -	-	-	- - - - -

-  -  -  -  AMEN-ITY  P-OL-ICY-/LIAB . WAIVR  -H-OPPING   GREEN  &   SAMS

*	1, 732 . 99
*	534 . 00
-  -  -  -  -  -  - -  -  -  -2 -, 2 -66 -.9 -9   003541 
*	181 .25 

2/28/17 3161232	201702 310-5 13 00-48000 
NOT . OF RULE DEVELOPMENT
2/28/17 3161232	201 702 310 -513 00-4 8000 
NOT . O-F-RULEMAKING	ORLANDO  SENTINEL

*	353 .76 
-  -  -  -  - -  - -  -  -  -  -5 -35 -. 0 -1   003542 

3/01/17 721926	2017 03 32 0-53800-47500 

3/ 09/17 0007 1

-  -  - - - -	- - - - - - - - - - -

*	2,2 55 . 60

- - - -

M-THLY  POOL  LANDSCAP-MAR17	REW  LANDSCAPE  CORP

- -  -  -  - -  -  - -  - -2 -, 2-55 -. 6-0   003543 

- - - - - - - - - - - - - - - -

3/09/17 00094 

2/15/17 69788	201702 320-53800-47400 

*	1 , 015 . 00

- - - - - - - - - - - - - -

- - -

MONTHLY POOL SRVICE-FEB17	THREE GUYS POOL SERVICE & REPAIR

-  -  -  -  -  - -  - -  -  -1 -, 0-1 5-.0 -0   003544 

3/10/17 00027 

3/15/17 00054 

3/01/17 411	201703 310-513 00-3 4000 
MANAGEMENT FEES MAR17 
3/01/17 411	2017 03 31 0-51300-35100 
INFORMATION TECH MAR17 
3/01/17 411	2017 03 310-5 13 00-3 1400 
DISSEMINATION FEE MAR1 7
3/01/17 411	2017 03 310-5 1300-51000 
OFFICE SUPPLIES MAR17 
3/01/17 411	201703 310-51300-42000 
POSTAGE MAR17 
3/01/17 412	201703 320-53800-12000 

FY1 7 SPECIAL ASMNT DS 200 7

FIELD MANAGEMENT MAR1 7		GOVERNMENTAL MANAGEMENT SERVICES 3/15/17 0 3 1 5 2 0 1 7  2 0 1 7 03 300 - 20 7	-10000 
FALCON TRACE CDD C/0 US BANK FALC FALCON TRACE BPEREGRINO

*	4, 176. 00
*	120 .83
*	83 .3 3
*	.4 8
*	6. 99
*	1,5 65 .00
-  -  -  -  -  - -  -  -  -  -5 -, 9-52 -. 6 -3   003545 
*	24 ,4 47 .3 0
24 , 447 .3 0 003546 

A*P*3*00R	YEA*R*-*TO-DATE  ACCOUNTS   PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN	5/10/17 

PAGE	2

CHECK DATES 03/06/2017 - 05/09/2017 

FALCON TRACE CDD -GENERAL FUND BANK A FALCON TRACE CDD

CDHAECTKE

VEND#	. . D. A• T• EINVOIINCVEO• I. C• E• •    . Y. R• EMXOPENDPSTEDATCCOT. #. . SUB	SUBCLASS

VENDOR NAME

STATUS

AMOUNT

. • • . CHECK • • • . . AMOUNT	#

3/16/17 00079 

3/22/17 00027 

3/23/17 00012 

3/23/17 00022 

3/23/17 00090 

3/24/17 00027 

3/09/17  8661	2017 02 320-53 800-47000	*

- - - - - - - - - - - - - - - - - - -

MTHLY LAKE MAINT - FEB 17	AQUATIC WEED MANAGEMENT , INC .
3/22/17 413	201 703 320-53800-12200	*

- - - - - - - - - - - - - - - - - - -

POOL ATTENDANTS - MAR17	GOVERNMENTAL MANAGEMENT SERVICES
3/01/17 15176	201702 31 0-51300-32200	*

- - - - - - - - - - - - - - - - - --

FY16 AUDIT FEE THRU FEB17	GRAU AND ASSOCIATES
3/01/17 302716	201703 320-53800-47400	*

*

CYANURIC ACID/2 SODIUM BC 3/01/17 303134	201703 320-53800-47400 

- - - - - - - - - - - - - - - - - --

300 BULK BLEACH	SPIES POOL , LLC

-	-

3/12/17   7S7E0C9U6R2 2ITY2M0O1 N7 0IT3OR3 0IN0G--1A5P5R0 01 7-10000	*
- -  - -  - - - - - - - -	- -  - -	SA-FE   TOUCH   SECURITY  SYSTEMS
1/30/17 407	201701 320-53800-12200	*

300 .00

5, 393 .81 

900 .00

228 .85
503 . 00

80 .8 5

1, 82 5.83

300 .00 003547 

5, 393 .8 1 003548 

900 .0 0 003549 

731 . 85 003550 

80 .85 003551 

- - - -

P-OOL-A-TTEND-ANTS   -  JAN17	GO-VERNMENTAL  MANAGEMENT  SERVICES

1, 825 .83 003 552 

-	-	- - - - - - - -	*

3/30/17 00015 

3/24/17 92745	201702 310-51300-31500 

196 .50

- - - -

P-R-EP  AMENDMEN-T/MON . LG-SL-TN- -H-OPPING  GREEN  &   SAMS

196 .5 0 003553

- - - - - - - - - - - - - - - -

-  - - -	- - -	*

3/30/17 0004 1

3/21/17 12029	201703 320-53800-47600 

395 .00

- - -

RPLC BALLASTS /BULBS	TERRY 'S ELECTRIC INC

395 . 00 003554 

4/05/17 00027 

4/ 03/17 414	201 704 310-51 300-34000 
MANAGEMENT FEES APR17 
4/ 03 /17 414	201 704 310-5 13 00-35100 
INFORMATION TECH APR17 
4/ 03/17  414	201704 310-51300-31400 
DISSEMINATION FEE APR17 
4/ 03/17   4O1 4FFICE  SU2 P0P1 L7 I0E4S3A1 P0R- 51 71300-51000 
4/03/17 414	201 704 310-51300-42000 
POSTAGE APR17 
4/ 03/17  414	201704 310-51300-42500 
COPIES APR17 

*	4, 176 .0 0
*	120 .83
*	83 .33
*	20.8 1
*	14 .80
*	64 .8 0

FALC   FALCON  TRACE  BPEREGRINO

A*P*3*0 0R	YEA* *R*-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN	5/10/17	PAGE	3

#

CHECK DATES 03/06/2017 - 05/09/2017 

FALCON TRACE CDD -GENERAL FUND BANK A FALCON TRACE CDD

DATE

CHECK	VEND#	. • D• A• T• EINVOINCVEO. I• C. E• •   • Y• R. MEXOPENDPSTEDATCCOT. #. . SUB	SUBCLASS 4/03/17 415	201704 320-53800-12000 

VENDOR NAME

STATUS
*

AMOUNT
1, 565 .00

• . • • CHECK • . . • • AMOUNT

4/05/17 00027 

4/ 06/17 00022 

4/ 06/17 00094 

FIELD MANAGEMENT APR1 7	GOVERNMENTAL MANAGEMENT SERVICES 3/30/17 416	201703 31 0-51300-4 9100 

- - - - - - - - - - - - - - - - - - -

GOOGLE EMAIL SERVICES	GOVERNMENTAL MANAGEMENT SERVICES
3/18/17 303524	201704 320-53 800-47400 

- - - - - - - - - - - - - - - - --

-	TANK RENTAL FEE - APR17	SPIES POOL , LLC
3/25/17 69857	201703 32 0-53800-47400 
MONTHLY POOL SRVICE-MAR17	THREE GUYS POOL SERVICE & REPAIR

- - - - - - - - - -
*	27 .7 5
-  - -  - -  - - - - -
*	30 .00

*

-  -  -  - - - - -  - -
1,0 15.00

6,0 45 . 57 003555 

27 .75 003556 

30 .00 003557 

1,0 15 . 00 003 558 

4/13 /17 00079 

- - - - - - - - - - - - - - - - - - -

- - - - - - - - - - - - -

3/31/17 8698	201703 320-53800-47000 

- - - - - - - - - - - - - - -

*

30 0.00

- - - -

M-T-HLY  LAKE  MAINT  -  MAR17	AQUATIC  WEED  MANAGEMENT ,   INC .

-  -  -  - -  - -  -  -  - -  -3 -00 -. 0 -0  003559

4/13/17 00022 

4/20/17 00054 

4/20/17 00047 

3/20/17 304197	2017 03 320-53800-47400 
TRBLST PUMP /REPAIR LEAK	SPIES POOL , LLC
4/19/17 04192017 201704 300-20700-10000 

- - - - - - - - - - - - - - -

3/07/17 3199121	201703 310-513 00-48000 

FY 17 DEBT ASMNTS - DS 2007	FALCON TRACE CDD C/0 US BANK 4/20/17 48 -60-02 201704 320-53 800-47400 

*	168 .00
- -  -  - -  -  -  - -  -  -  -1 -68 -. 0 -0  003560 
*	14 , 541.7 4
-  -  -  - -  -  - -  - - -14 -, 5 -41 -. 7 -4   003561 
*	315 .00

4/20/17 00019 

- - - -

ANNUAL POOL PERMIT-FY17	FLORIDA DEPARTMENT OF HEALTH

-  -  -  -  - -  - -  -  - -  -3 -1 5-. 0 -0  003 562 
*	20 8.1 7

- - - -

T . OF-MTG-03/07 /17	ORLANDO SENTINEL

-  -  - - - -  -  -  -  - -  -2 -0 8 -. 1 -7  003 563 

4/ 20/17 00022 

- -	- - - - - - - - - - -
3/27/17 303730	201 703 32 0-538 00-4 7400 

4/03 /17 

CYANURIC ACID lOOLB DRUM 303950	201704 320-53800-47400 

4/03/17	7400 

3-15 GALLON SULFURIC ACID
304550	201704 320-53 800-4 

*	182 .95 
*	164 .85
*	470 .00

- - - - - - - - - - - - - - - - -

- -	280-BULK BLEACH	SPIES POOL , LLC

- - - - - - - - - -

817. BO 003564 

4/ 20/17 00090 

4/12/17   7S7E7C8U0R2 4ITY2M0O1N7 0IT4OR3 0IN0G--1M5A5Y0 01 7-10000	*
SAFE TOUCH SECURITY SYSTEMS
FALC FALCON TRACE BPEREGRINO

80 .85

BO . BS 003565 

A*P*3*00R	YEA*R*-*TO-DATE  ACCOUNTS   PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER

RUN	5/10/17 

PAGE	4

CHECK DATES 03/06/2017 - 05/09/2017 

FALCON TRACE COD -GENERAL FUND BANK A FALCON TRACE CDD

CHECK	VEND#	• . • . • INVOICE . . • • •  • • • EXPENSED TO . . .		VENDOR NAME DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS

AMOUNT

• • . . CHECK • • • . • AMOUNT	#

STATUS

4/24/17 00027 

4/ 24/17 00027 

4/27/17 00009 

4/21 /17  417	2017 04 320-53800-12200	*
POOL ATTENDANTS - APR17 
4/21/1 7  417	201 704 320-53800-12200	V

- - - - - - - - - - - - - - - - - - -

POOL ATTENDANTS - APR17	GOVERNMENTAL MANAGEMENT SERVICES
4/21/17 417A	201704 320-53 800- 12200	*

- - - - - - - - - - - - - - - - - - -

POOL ATTENDANTS - APR17	GOVERNMENTAL MANAGEMENT SERVICES
4/ 20/17 332-3852 201 703 320-53800-47600	*

- - - - - - - - - - - - - - - - -

- -	JAC-NO TRESPASSING SIGNS	FAST SIGNS

6,269 .41 
6,2 69 . 41- 

6, 269 .41 

4 77 . 50

. oo 003566 

6, 269 .4 1 003567 

477 . 50 003 568 

5/04/17 00022 

4/18/17 304798	201705 320-53800-47400 
TANK RENTAL FEE - MAY17 4/24/17 305464	201704 320-53800-47400 
RESET LIGHT ADAPTER RING 4/26/17 305498	201704  320-53800-47400 
80 STEN . TUBE /ASSEM/SHAFT 4/27/17 305504	201704 320-53800-47400 
6 WIRE NUT/2WEDGE/2 LED	SPIES POOL , LLC

*
*
*
*

TOTAL FOR BANK A TOTAL FOR REGISTER

30 . 00
167 . 50
361 . 50
2,1 12 . 00

94 ,3 96 .1 6
94 ,3 96 .1 6

2, 671 . 00 003569 

FALC  FALCON  TRACE  BPEREGRINO

AP300R	Y7EAR-TO-DATE   ACCOUNTS   PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN	5/10/17 

PAGE	1

*** CHECK DATES 03/06/2017 - 05/09/201 

***	CAPITAL PROJECTS
BANK C FALCON TRACE COD

CHECK	VEND#	• . • • • INVOINVEO. I• C• E• •    • • • EXPENSED  TO • • . 

SUBCLASS

VENDOR NAME

STATUS	AMOUNT

• • . • CHECK • • • • • 

DATE	DATE

YRMO	DPT ACCT# SUB

AMOUNT	#

5/03/17 00007	3/07/17  5829	201703 600-53800-60007 
RESURF  TE-NNIS /BBALL/FENCE	VARS ITY  COURTS ,   INC

*	10,207. 00
- - - - - - - -  - -  - - - -  - - - - - -10 -, 20-7-. 00-

000014 

- - - - - - - - - - - - - - - - -

- - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK C TOTAL FOR REGISTER

FALC FALCON TRACE BPEREGRINO

10, 207 .00 
10 ,2 07 .00

•	•	•	•	•	•	•	•	•	•	•	•

•• • • • • • ••

Fa l con Trace
Community Development District

Unaudited Financial Reporting March 31, 2017

Gove:rnm� ntal Management Services ...
•	•	•	•	•	•	•	•	•	•	•	•	•	•	•

Table of Contents

Balance Sheet

 	General Fund

 	Debt Service Fund

 	Capital Projects Fund

5-6	 	Month to Month

 	Long-Term Debt

 	Assessment  Receipt Schedule

Assets

Cash - Wells Fargo Cash - SunTrust Investments
Custody Account Series 2007
Revenue Account Redemption Account Cost of Issuance
Due from General Fund

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
COMBINED BALANCE SHEET
March 31, 2017

Governmental Fund

General	Debt Service	Capital Projects
$260,846	----------	----------
----------	----------	$260,223
$57,583	----------	----------
----------	$590,687	----------
----------	$2,087	----------
----------	----------	$26,419

Prepaid Expense	$81	----------	----------	$81	
IrotaI Assets	$318,509	$592,774	$286,642	$1,197,925 1	
Liabilities					
Accounts Payable	$2,379				
Fund Equity					
Fund Balances
Unassigned
Restricted for Debt Service	
$316,130
----------
----------	----------
$592,774
----------	

$286,642	
$316,130
$592,774
$286,642	
!Total Liabilities and Fund Equity	$318,509	$592,774	$286,642	$1,197,925 1	

----------	----------	----------

T-ot-a ls (memorandum only) 2017
$260,846
$260,223
$57,583
$590,687
$2,087
$26,419
$0

$2,379

----------
----------

Restricted for Capital Projects

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND
Statement of Revenues and Expenditures For Period Ending March 31, 2017
General Fund	Prorated Budget	Actual
Budget	Thru 3/31/17 	Thru 3/31/17	Variance
Revenues:
Maintenance Assessments	$355,855	$340,996	$340,996

$33

Miscellaneous Income	$1,000	$500	$605	$105
Interest	$0	$33
Total Revenues	 	$356,855	$341,496	$341,634	$138 I
Ex enditures:
Administrative:
Supervisors Fees	$8,000	$4,000	$2,800	$1,200
FICA Expense	$612	$306	$214	$92
Engineer	$5,000	$2,500	$0	$2,500
Dissemination	$1,000	$500	$500
Assessment Roll	$5,000	$5,000	$5,000	$0
Arbitrage Rebate	$600	$0	$0	$0
Attorney Fees	$15,000	$7,500	$4,323
Annual Audit	$3,400	$3,400	$3,400
Trustee Fees	$4,327	$0	$0	$0
Management Fees	$50,112	$25,056	$25,056	$0
Information Technology	$1,450	$725	$725	$0
Telephone	$100	$50	$8
Postage	$1,000	$500	$441
Printing and Binding	$1,500	$750	$161	$589
Insurance	$10,950	$10,950	$10,147	$803

$497

legal Advertising	$2,500	$1,250	$948	$302

$98
$370

Contingency	$1,200	$600
Property Appraiser	$1,000	$1,000	$902
Office Supplies	$800	$400	$30

$102

Dues, Licenses, Subscriptions	$175	$175	$0
Total Administrative	 	$113,726	$64,662	$54,945		$9,717 I Maintenance:
Field Management	$18,780	$9,390
Property Insurance	$6,560	$6,560	$6,245	$315
Pool Staff Payroll	$77,021	$38,511	$23,214	$15,297
Security	$700	$350	$460	($110)
Telephone Expense	$4,500	$2,250	$1,974	$276
Electric	$18,900	$9,450	$7,557	$1,893
Irrigation/Water	$13,500	$6,750	$4,386	$2,364
lake Maintenance	$8,600	$4,300	$1,800	$2,500
Pest Control	$650	$325	$360
Pool Maintenance	$32,000	$16,000	$10,653	$5,347
Grounds Maintenance	$31,036	$15,518	$13,811	$1,707
General Facility Maintenance	$8,000	$4,000	$5,401	($1,401)
Refuse Service	$3,500	$1,750	$1,871	($121)
Field Contingency	$5,000	$2,500	$0	$2,500
Transfer Out			$14,382		$14,382		$14,382			$0 Total Maintenance	 	$243,129	$132,036	$101,504		$30,531 I
Total Expenditures	 	$356,855	$196,697	$156,449	
Excess Revenues (Expenditures)	 	$0	$185,185		1
Fund Balance - Beginning	 	$0	$130,945		1
Fund Balance - Ending	 	$0	$316,130		1
2

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
CAPITAL PROJECTS FUND
Statement of Revenues & Expenditures For Period Ending March 31, 2017

Adopted	Prorated	Actual 
Budget 	Thru 3/31/17	Thru 3/31/17	Variance	

Revenues:		
Transfer In 	$14,382	$14,382	$ 14,382	$0	
I nterest	$150	$75	$77	$2	
Total Revenues
Ex�dit1,1res:	 	$14,532		$14,457		$ 14,459	$2 I	
Pool Furniture	$10,000	$5,000	$0	$5,000	
Building Renovations	$20,000	$10,000	$0	$10,000	
Total Expenditures	
$30,000	
$15,000	
$0	s1s,ooo I	
Other Sources Uses					
Transfer In (Out)	$0	$0	($15)	($15)	

($15)!

Total Other	$0	($15)	

Excess Revenues (Expenditures)	 ($15,468)		$ 14,443     	  Fund Balance - Beginning	 $268,943	$272,199	 Fund Balance - Ending	 $253,475	$286,642	 

3

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT
DEBT SERVICE 2007
Statement of Revenues & Expenditures For Period Ending March 31, 2017

Revenues:
Assessments - On Roll

Adopted Budget

$413,660

Prorated Budget Thru 3/31/17

$396,387

Actual Thru 3/31/17

$396,387

Variance

$0

Interest

$100

$50

$206

$156

Total Reven ues	 	$413,760	$396,437	$396,593	$156 I

$0

Ex enditures:					
Interest Expense 11/01	$33,644	$33,644	$33,644	$0	
Interest Expense 05/01	$33,644		$0	$0	
Total Expenditures	$417,288	$33,644	$33,644	$0 I	
Other Sources Uses
Transfer In (Out)	
$0	
$0	
$15		

Principal Expense 05/01	$350,000	$0

Excess Revenues (Expenditures) Fund Balance - Beginning
Fund Balance - Ending

 	($3,528)	$362,964	
 	$229,693	$229,810	
 	$226,166	$592,774	

4

Oct

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
Jan	 	Feb	March	April	 May	

       July	Aug	Sept	Total

Revenues:

Maintenance Assessments	$0	$25,860	$254,329	$17,346	$22,431	$21,031	$0	$0	$0	$0	$0	$0	$340,996

Miscellaneous Income	$290	$175

$75	$0	$65	$0	$0

$0	$0	$0	$605

Interest

$5	$5	$5	$7	$7	$0	$0

$0	$0	$0	$33

Total Revenues	I

______illL	$26,039	$254,333	$17,426	$22,438	$21,103

$0	$0	$0	$0	$0	$341,634 1

$77

Expenditures:

Administrative
Supervisors Fees		

$800	$0	$0	
FICA Expense		$61	$0	$0	
Engineer		$0	$0	$0	
Dissemination Agreement		$83	
Assessment Roll		so	$0	
Arbitrage Rebate		$0	$0	$0	
Attorney		$144	$173	
Annual Audit		$0	$0	$0	
Trustee Fees		$0	$0	
Management Fees		$4,176	$4,176	
Information Technology	$121	$121	Sl21	
Telephone	$0	$8	$0	
Postage	SB	$12	$11	

$1,000	$0	$1,000	$0	$0	$0	$0	$0	$0	$2,800
$0	$77	$0	$0	$0	$0	$0	$0	$214
$0	$0	$0	$0	$0	$0	so	$0

$83

$83	$83	$83	$0	$0	$0	so	$0	$0	$500
$0	$0	$0	$0	$0	$0	$0	$0	$0	$5,000
$0	$0	$0	$0	$0	$0	$0	$0
$2,267	$197	$0	$0	$0	$0	$0	$0	$0
$0	$3,400	$0	$0	$0	$0	$0
$0	$0	$0	$0	$0	$0	$0	$0	$0

$4,176

$4,176	$0

$0	$0	$0	$25,056

$725

$59

$121	$121	$121	$0	$0	$0	$0	$0	$0
$0	$0	$0	$0	$0	$0	$0

$38

$51

$2	$18	S7	$0	$0	$0	$0	$0	$0

Printing and Binding	$3	$70	$0

$0	$0	$0	$0	$0

$161

Insurance	$10,147	$0	$0	$0	$0	$0	$0

$0	$0

$0	$10,147

legal Advertising	$0	$0

$204	$535	$208	so	$0	$0	so	so	$0	$948

Contingency		$81	$66	$114	$64	S74	$99	$0	$0	$0	so	$0	
Property Taxes		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Property Appraiser		$902	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
Office Supplies		$1	$27	$1	$0	$1	$0	$0	$0	$0	$0	$0	
Dues, licenses, Subscriptions		$175	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	

Total Administrative	I	$23,101	$�06			$8,656			$0	$0	$0		

$0	$497
$0
$0	$902
$0
$0	$175

$0	$54,945 ]

5

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT

Maintenance

Oct	Nov

Dec	Jan

Feb

March	April

May	June	July	Aug	Sept	Total

Field Management	$1,565	$1,565

$1,565	$1,565

$1,565	$0	$0

$0	$9,390

$4,351

Property Insurance	$6,245
Pool Staff Payroll	$6,060

Telephone Expense	$381	$380	$376	$580	$109	$148	$0	$0	
Electric	$1,314	$1,311	$1,198	$1,140	$1,298	$1,296	$0	$0	

Security	$56	$81

Irrigation/Water	$548	$721
Lake Maintenance	$300	$300

$0	$0
$2,819	$175
$81	$81

$766	$880
$300	$300

$0
$4,416
$81

$721
$300

$0
$5,394	$0
$81	$0

$750

$0
$300	$0

$0	$0	$0	$0	$0	$6,245
$0	$0	$0	$0	$0	$23,214
$0	$0	$0	$0	$460

$0	$7,557	
$0	$4,386	
$0	$1,800	

$0	$0	$0
$0	$0
$0	$0	$0	$0
$0	$0

Pest Control	$360
Pool Maintenance	$1,833	$1,045

$0	$0
$1,430	$2,249

$0
$1,969

$0	$0
$2,128	$0

$0	$0	$0	$0
$0	$0	$0	$0	$10,653

Grounds Maintenance	$2,128	$2,256
General Facility Maintenance	$80	$0
Refuse Service	$289	$290
Field Contingency	$0	$0

$2,384	$2,256
$0	$1,024
$290
$0	$0

$2,533
$595
$335
$0

$2,256	$0
$3,703	$0
$0
$0

$0	$0	$0	$0	$0	$13,811
$0	$0	$0	$0	$5,401
$0	$0	$0	$0	$0	$1,871
$0	$0	$0	$0	$0	$0

Transfer Out		$0	$0		$0		$14,382	$0	$0	$0	$0	$0	$0	$14,382	
Total Maintenance	I	$21,157	$12,299	$11,207		$13,920	$32�_7_	$0	$0	$0		$0	$0	$101,504 1	

Total Expenditures	L	$44,258	$17,005
Excess Revenues (ExpendituresJ	I	($43,964)	$9,034

$15,923	$18,577

$238,411	($1,152)

�.576

($139j

$38,109	$0

($17,006)	$0

6

$0	$0	$0	$0

$0	$0	$0	$0	$0	$185,185 1

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT
LONG TERM DEBT REPORT

SERIES 2007, SPECIAL ASSESSMENT REFUNDING BONDS

MATURITY DATE:

($310,000)

RESERVE FUND DEFINITION RESERVE FUND REQUIREMENT RESERVE FUND BALANCE

5/1/2020
MAXIMUM ANNUAL DEBT SERVICE
COVERED BY FINANCIAL GUARANTY INSURANCE POLICY
$0

BONDS OUTSTANDING - 9/30/13	$2,475,000	
LESS: PRINCIPAL PAYMENT 5/1/14
LESS: PRINCIPAL PAYMENT 5/1/15		
LESS: PRINCIPAL PAYMENT 5/1/16		
CURRENT BONDS OUTSTANDING	$1,505,000	

7

FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT

SPECIAL ASSESSMENT RECEIPTS · FY2017

TAX COLLECTOR

Gross Assessments Net Assessments	$	818,633   $	378,569
$	769,515   $	355,855	$	440,064
$	413,660
2007	
Date	Gross Assessments	Discounts/	Commissions	Interest	Net Amount	General Fund	DebtSvc Fund	Total	
Received	Dist.#	Received	Penalties	Paid	Income	Received	46.24%	53.76%	100%	
11 /3/1 6	1	$	7,438.82	$	368.56	$	$	$	7,070.26	$	3,269.58	$	3,800.68	$	7,070.26	
11 /10/16	2	$	8,177.94	$	327. 15 	$	$	$	7,850.79	$	3,630.52	$	4,220.27	$	7,850.79	
11 /17/16	3	$	42,707.02	$ 1,708.45	$	$	$ 40,998.57	$	18,959.41	$ 22,039. 16 	$ 40,998.57	
12/5/1 6	4	$	1 98,01 8.62	$ 7,921 .53	$	$	$ 1 90,097.09	$	87,908.63	$ 102,1 88.46	$ 190,097.09	
12/12/16	5	$	39,981 .04	$ 1 ,599.40	$	$	$ 38,381 .64	$	17,749.23	$ 20,632.41	$ 38,381 .64	
1 2/18/16	6	$	334,806.58	$ 1 3,393.59	$	$	78.78 $ 321,491 .77	$ 148,670.88	$ 172,820.89	$ 321 ,491 .77	
1/17/1 7	7	$	39,072.38	$ 1,563.05	$	$	$ 37,509.33	$	17,345.84	$ 20,163.49	$ 37,509.33	
2/14/17	8	$	50,926.69	$ 2,000.39	$	421.41   $	$ 48,504.89	$	22,430.64	$ 26,074.25	$ 48,504.89	
3/1 3/1 7	9	$	46,428.55	$ 1,291. 36	$	$	341 .15 $ 45,478.34	$	21 ,031 .04	$ 24,447.30	$ 45.478.34	
4/1 7/17	10 	$	27,145.46	$	94.05	$ 27,051 .41	$	12,509.67	$ 14,541 .74	$ 27,051 .41	

Totals	$	794,703.10 $ 30,267.53

$
$
$
$
$
$	421.41    $	41 9.93 $ 764,434.09

8

$	$	$
$	$	$
$	$	$
$	$	$
$	$	$

$ 353,505.43 $ 41 0,928.66 $ 764,434.09

BILL COWLES
Supervisor of Elections Orange County, Florida

April 18 , 201 7

OUR MISSION IS TO:

Ensure  the integrity of the electoral process.
Enhance public confidence. Encourage  citizen participation.

Jamie-Marie Corder, Administrative Assistant Falcon Trace Community Development District 1 35 W Central Blvd, Suite 320
Orlando FL 32801
Dear Ms. Corder:
Per the requirements of Chapter 1 90.006, Florida Statutes, the Orange County Supervisor of Elections Office Mapping Department has determined the number of registered voters in the Development District as of April 1 7, 201 7. Our research is based on the legal description provided to us by the District office on April 1 8, 201 7.
As of April 1 7, 201 7, there are 1 875 registered voters in the Falcon Trace Community Development District.

Attached is a map and list of streets currently in the Development District according to our records. If you have any questions or corrections, please contact the Mapping Department at 407-254-6554.

Bill Cowles
upervisor of Elections

APR 2 I 2017

bc/lrm	GMS-CF, LLC

119 West Kaley Street, Orlando ■ Reply to: Post Office Box 562001 , Orlando, Florida 32856 Phone (407) 836-2070 ■ Fax (407) 254-6596 ■ TDD (407) 422-4833 ■ Internet: www.ocfelections.com

www.ocfelectlons.com

FALCON TRACE DEVELOPMENT DISTRICT
UNINCORPORATED ORANGE COUNTY, FLORIDA

C:J

Bill Cowles, Supervisor of Elections
441 B County Precinct Number	District Boundary
Prepan,d by: Orange County Supervisor or Elections Mapping Department

W+E
s       PRINT PATE·
04/13/2017

ENCLAVE DR

N E

,,5
� 0
)>
-I C

�

GIRARD DR

ROSSING

EAGLES
- -DR-------

ST DVLPMNT DSTRCT . LST April 17 2017 8: 58 AM

Supervisor of Elections
FALCON TRACE District

Page 1 of 3

Status  DI

Street Name

T    DI    From	To	0   Zip	Pree    Cong   Hse	Snte   Cnt:y   Sch	City

City

R

p

y	E	Dist   Dist  Dist Dist  Brd	Pree

R	ACCI PITER
R	ACCIPI TER
R	ACCIP ITER
R	AC<::IPITER
R	Ai.'1 BERLEIGH
R	AMBERLEIGH
R	BRIARMOOR
R	BRIARMOOR
R	BRICKTON
R	BRICKTON
R	BROADWING
R	BROADWING
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN
R	DERBY GLEN

DR	12209  12221  O
DR	12269  12359 0
DR	12202   12466 E
DR	12365  12491 0
RD	13802   13850 E
RD	13803  13851 O
CT	13500  13560 E
CT	13501  13561 0
CT	13801  13823 0
CT	13800  13824 E
DR	13902  139 ";0 E
DR	13903  13951 0
DR	1407	1557 0
DR	1406	1636 E
DR	1638	1668 E
DR	1720	1'/32  E
DR	1744	1876 E
DR	1613	1889 O
DR	1895	1967 O
DR	2007	2049 O
DR	1906	20B4 E
DR	2067	2091 0

32837 
32837 
32837 
32837 
32837 
32837 
32837
32837 
32837
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 

441B 
441B 
441B
44 1B
441B
441B 
441B 
44 1B 
44 1B 
441B 
441B 
441B
441B
441B 
441B
4HB 
441B
441B 
441B 
44 13
44 1B 
441B 

10 
10 
10 
10 
10 
10 
10 
10 
10 
10 
10 
10 
lC 10 
10 
10 
10 
10 
10 
10 
1 ()
10 

4	3

15 

48 

4

48	15	4	3
15	3
15	4	3
4	3
48	4	3
48	4	3
48	15	4	3
48	15	4	3

15 

48	4	3
4 13	4	3
48	15	4	3
48	4	3
49	4	3
48	15	4	3

15 
15 

48	4	3
48	4	3
48	4	3
48	4	3
48	15	4	3
48	15	4	3

15 

4	3

UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED liN:::NCORPOP.ATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORP.TED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED

R	EAGLES GLEN
R	EAGLES GLEN

CT	13804  13852 E   32837	44 1B	10	48	4	3
CT	13805  13853 O   32837	441B	10	48	15	4	3

UNINCORPORATED UNINCORPORATED

R	EYAS
P.	EYAS
R	FLEDGLING
R	FLEDGLING
R	GRAND COVE
R	GRAND COVE
R	GRAND COVE
R	HARRIER
R	HARRIER
R	HARRIS HAWK
R	HARRIS HAWK
R	HAWK  LAKE
R	HAWK  LAKE
R	HAWK LAKE
R	HAWK LAKE
R	HAWK  LAKE
R	HAWKEYE
R	HAWKEYE
R	HAWKEYE
R	HAWKEYE
R	HOOKB ILL
R	HOOKB ILL
R	KESTREL
R	KESTREL
R	LANNER
R	LANNER
R	MARSH HAWK
R	MARSH HAWK
R	NESTLEWOOD
R	NESTLEWOOD
R	NESTLEWOOD

RD 
RD CT CT DR DR DR DR DR RD RD DR DR DR DR DR DR DR DR DR CT CT DR DR DR DR DR DR
rRI rRI rRl

13505   1 3547 O
13504   13568 E
1451	1473 0
1450	1474 E
14506  14 554 E
14608  14778 E
14519  14779 0
1502	1566  E
1501	1567 O
1712	1720 E
1701	1729 0
13530  13572 E
13640  13676 E
13682   13736 E
13802   13832 E
13519  13845 0
13502   13648 E
13503  13673 0
13680  13752 E
13701  13839 0
1607	1629 0
1606	1630 E
14005  14035 0
14004  14050 E
13502   13566 E
13501  13567 O
1914	2096 E
1939	2097 0
1500	1554 E
1501	1555 0
1602	1786 E

32837 
32837 
32837
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837 
32837
32837 
32837 
32837 

441B 
441B 
441B 
441B
44 1B
441B 
44 1B
441B
441B 
441B
441B 
44 1B 
441B
441B 
441B
44 1B 
441B
441B
441B 
441B 
441B 
441B
441B
44 1B 
441B
44 1B
441B
441B
441B
441B
441B

10	15	4	3

15 

10	48	15	4	3
10	4	3
10	4	J

48 
48 

lO	48	4	3
10	4	3
10	4	3

15 
15 

10	48	15	4	3
10	48	4	3

48 

10	48	4	3
10	15	4	3

15 

10	48	15	4	3
10	48	4	3
10	4	3

15 

10	48	15	4	3

48 

4

10	4	3
10	3
10	48	15	4	3
10	4	3
10	15	4	3

48 

10	4	3
10	4	3
10	48	4	3

15 

10	48	15	4	3
10	48	4	3
10	48	4	3
:!.O	4	3
10	48	15	4	3
10	48	15	4	3
10	48	15	4	3
10	15	4	3

UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UN:::NCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED UNINCORPORATED

Printed for SOE Staff Person LUIS MART INEZ 

ST_DVLPMNT_DSTRCT . LST April 17 2017 8: 58 AM

FSALCupeOrNviTsRACor  Eof  EDliesctrtiiocnts

Page 2 of 3

I Status !

Street Name	T    r.

I

r,.

From	To

E0   Zip	Pree    CDoinsgt

HDsii:st

DSnitset

CDnist:ty   BScrdh	CPriteey	City

R	NESTLEWOOD	fRI
R	NESTLEWOOD	rRI

1831 

1 603 

1820	1892

0	441B

32837	10 

E    32837	441B	10 

4	15

48 

4

15

3		UNINCORPORATED UNINCORPORATED

4	3	UNINCORPORATED

R	OSPREY COVE	CT
R	OSPREY COVE	CT
R	PRAIRIE HAWK	DR
R	PRAIRIE HAWK	DR
R	PRAIR IE HAWK	DR
R	RIDGE TOP	RD

3

RIDGE   TOPR

R	RIDGE TOP	RD

1308	1332
1309	1333
10936  11068
11176 11218 
10931  11219 
13701  13713
13726  13750 

E    32837	441B	10	48	15
0    32837	441B	10	48	15 
E    32837	441B	10	48 
E    32837	441B	10	48	15 
0    32837	441B	10	48 
0    32837	441B	10	48	15 

441B	100

15 

E    32837	44 1B	10	48	15 

4	3	UNINCORPORATED

4	3	UNINCORPORATED

4	3	UNINCORPORA1'ED

4	3	UNINCORPORATED

4	3	UNINCORPORATED

4

4	3	UNINCORPORATED

RD
R	SOARING  HEIGHTS	:::IF
R	SOARING  HEIGHTS	:::IF
R	SOARING  HEIGHTS	:::IF

13719 13757 

1797

1702

1701 
1828 
1803	1881 

32837	4

E	10 

32837	441B	15 

0    32837	441B	10	48 
48 
0    32837	441B	10	48	15	4

3	UNINCORPORATED

33

3		UNINCORPORATED UNINCORPORATED

4	3	UNINCORPORATED

UNINCORPORATED

R	SWAINSON	CT
R	SWAINSON	CT
R	TETHERLINE	fRI
R	TETEERLINE	fRI
R	TETHERLINE	rRI
R	TETHERLINE	rRI

1404	1422
1405	1423
13538  13546 
13501  13615
13608  13644 
13621  13657 

E    32837	441B	10	48	15 
0   32837	441B	10	48	15 
E    32837	44 1B	10	48	15 
0    32837	441B	10	48	15 
E    32837	441B	10	48	15 
0   32837	441B	10	48	15 
TOTAL STREETS :	74

4	3	UNINCORPORATED

4	3	UNINCORPORATED

4	3	UNINCORPORATED

4	3

4	3	UNINCORPORATED UNINCORPORATED

L	Printed for SOE Staff Person LUIS MARTINEZ

Status  Codes	0 I E
Code	Name	Code	Name

APT/CONDO/DUPLEX	0E

OEvdden

BAD ADDRESS

B	Both

E	ELECTION OFFICE

D	CDOMMOM/DEERMCOIALLISHED
FG	GROEVSE-RFNAMCEINLT!TBYL/GDRGP
HI	HIONMSTELIETUSTS /EG/ECNHURDCELH
KL	LSAKCH-ESCOHOUNOTLYS

OSCEOLA COUNTY

MN	NMUIXRSRINEGS/ACOSMS/ISINTSED
0

p

R	RPOESBIODEXN/TMAIAILL  REQ
s	SEMINOLE COUNTY

V	VACANT PROPERTY

uT	UTCMFP/RNEESEDAPDODRBEOSXS
Xz	NBAOMXE/MACHILANINGGEDONLY

AUDIT COMMITTEE MEETING

I	,
I I

!

en

0

m
0--I

-

-z

FALCON TRACE COMMUNITY DEVELOPMENT D ISTRICT REQUEST FOR PROPOSALS
Annual Audit Services for Fiscal Year 2017
Orange County, Florida
INSTRUCTIONS TO PROPOSERS
SECTION 1. DUE DATE. Sealed proposals must be received no later than 2:00PM, Wednesday, June 28, 2017, at the offices ofDistrict Manager, located at 135 W. Central Blvd., Ste. 320, Orlando, FL 32801. Proposals will be publicly opened at that time.
SECTION 2. FAMILIARITY WITH THE LAW. By submitting a proposal, the Proposer is assumed to be familiar with all federal, state, and local laws, ordinances, rules, and regulations that in any manner affect the work. Ignorance on the part ofthe Proposer will in no way relive it from responsibility to perform the work covered by the proposal in compliance with al such laws, ordinances and regulations.
SECTION 3. QUALIFICATIONS OF PROPOSER. The contract, ifawarded, will only be awarded to a responsible Proposer who is qualified by experience and licensing to do the work specified herein. The Proposer shall submit with its proposal satisfactory evidence of experience in similar work and show that it is fully prepared to complete the work to the satisfaction ofthe District.
SECTION 4. SUBMISSION OF ONLY ONE PROPOSAL. Proposers shall be
disqualified and their proposals rejected ifthe District has reason to believe that collusion may exist among the Proposers, the Proposer has defaulted on any previous contract or is in arrears on any previous or existing contract, or for failure to demonstrate proper licensure and business organization.
SECTION 5. SUBMISSION  OF PROPOSAL.  Submit seven (7) copies ofthe Proposal Documents, and other requested attachments at the time and place indicated herein, which shall be enclosed in an opaque sealed envelope, marked with the title "Auditing Services­ Remington Community Development District" on the face ofit.
SECTION 6. MODIFICATION AND WITHDRAWL. Proposals may be modified or withdrawn by an appropriate document duly executed and delivered to the place where proposals are to be submitted at any time prior to the time and date the proposals are due. No proposal may be withdrawn after opening for a period ofninety (90) days.
SECTION 7. PROPOSAL DOCUMENTS. The proposal documents shall consist of the notice announcing the request for proposals, these instructions, the Evaluation Criteria Sheet and a proposal with all required documentation pursuant to Section 12 ofthese instructions (the "Proposal Documents").

1

SECTION 8. PROPOSAL. In making its proposal, each Proposer represents that it has read and understands the Proposal Documents and that the proposal is made in accordance therewith.
SECTION 9. BASIS OF AWARD/RIGHT TO REJECT. The District reserves the right to reject any and all proposals, make modifications to the work, and waive any informalities or irregularities in proposals as it is deemed in the best interests ofthe District.
SECTION 10. CONTRACT AWARD. Within fourteen (1 4) days ofreceipt ofthe Notice ofAward from the District, the Proposer shall enter into and execute a Contract (engagement letter) with the District.
SECTION 11. LIMITATION OF LIABILITY. Nothing herein shall be construed as or constitute a wavier ofDistrict's limited waiver ofliability contained in section 768.28, Florida Statutes, or any other statute or law.
SECTION 12. MISCELLANEOUS. All proposals shall include the following information in addition to any other requirements ofthe proposal documents.
List position or title ofall personnel to perform work on the District audit. Include resumes for each person listed: list years ofexperience in present position for each party listed and years ofrelated experience.
Describe proposed staffing levels, including resumes with applicable certifications.
Three references from projects ofsimilar size and scope. The Proposer should include information relating to the work it conducted for each reference as well as a name, address and phone number ofa contact person.
The lump sum cost ofthe provision ofthe services under the proposal fir Fiscal Year 201 7, 2018, 201 9, 2020 and 2021. The District intends to enter into five (5} separate agreements.
SECTION 13. PROTESTS. Any protest regarding the Proposal Documents, must be filed in writing, at the offices ofthe District Manager, within seventy-two (72) hours after the receipt ofthe documents. The formal protest setting forth with particularity the facts and law upon which the protest is based shall be filed within seven (7) calendar days after the initial notice ofprotest was filed. Failure to timely file a notice ofprotest or failure to timely file a formal written protest shall constitute a waiver ofany right to object or protest with respect to aforesaid plans, specifications or contract documents.
SECTION 14. EVALUATION OF PROPOSALS. The criteria to be used in the evaluation ofproposals are presented in the Evaluation Criteria Sheet, contained within the Proposal Documents.

2

AUDITOR SELECTION EVALUATION CRITERIA

Ability of Personnel.	(20 Points)

(E.g., geographic locations of the firm's headquarters or permanent office in relation to the project; capabilities and experience of key personnel; present ability to manage this project; evaluation of existing work load; proposed staffing levels, etc.)

Proposer's Experience.	(20 Points)

(E.g. past record and experience of the Proposer in similar projects; volume of work previously perfonned by the firm; past performance for other Community Development Districts in other contracts; character, integrity, reputation, of respondent, etc.)

Understanding ofScope of Work.	(20 Points)
Extent to which the proposal demonstrates an understanding of the District's needs for the services requested.

Ability to Furnish the Required Services.	(20 Points)

Extent to which the proposal demonstrates the adequacy of Proposer's financial resources and stability as a business entity necessary to complete the services required (E.g. the existence of any nahlral disaster planfor business operations).

Price.	(20 Points)

Points will be awardrd based upon the price bid for the rendering of the services and reasonableness of the price to the services.

FALCON TRACE COMMUNITY DEVELOPMENT DISTRICT
REQUEST FOR PROPOSALS FOR ANNUAL AUDIT SERVICES

The Falcon Trace Community Development District hereby requests proposals for annual financial auditing services. The proposal must provide for  the auditing of the District's financial records for the fiscal year  ending  September 30, 2017, with an option for four additional annual renewals. The District is a local unit of special-purpose government created under Chapter 190, Florida Statutes, for the purpose of financing, constructing, and maintaining public infrastructure. The District is located in Orange County and has a general administrative operating fund and debt service fund and capital reserve fund.

The Auditing entity submitting a proposal must be duly licensed under Chapter 173, Florida Statutes and be qualified to conduct audits in accordance with "Government Auditing Standards," as adopted by the Florida Board of Accountancy Audits shall be conducted in accordance with Florida Law and particularly Section 218.39, Florida Statutes, and the rules of the Florida Auditor General.

Proposal packages, which include evaluation criteria and instructions to proposers, are available from the District Manager at the address and telephone number listed below.

Proposers must provide seven (7) copies of their proposal to GMS - CF, LLC, District Manager, 135 W. Central Blvd., Ste. 320, Orlando, FL 32801, telephone
(407) 841-5524, in an envelope marked on the outside " Auditing Services - Falcon Trace Community Development District." Proposals must be received by 2:00 PM, Wednesday, June 28, 2015, at the office of the District Manager. Please direct all questions regarding this Notice to the District Manager.

George Flint
Governmental Management Services - Central Florida, LLC District Manager