MINUTES OF MEETING FALCON TRACE
COMMUNITY DEVELOPMENT DISTRICT

The recessed meeting of the Falcon Trace Community Development District Audit Committee on August 16, 2017 was reconvened on Wednesday, October 18, 2017 at 6:00 p.m. at the Big Hawk Lake Recreational Center, 13600 Hawk Lake Drive, Orlando, Florida.

Present were:
Sara Hurst Kathy Stark
Sue Marchesi Baron Carole Miller
Felix Kutlik Jason Showe
Mike Eckert (by phone) Alan Scheerer

FIRST ORDER OF BUSINESS	Roll Call
Mr. Showe called the reconvened meeting ofthe Audit Committee to order and called the
roll.

SECOND ORDER OF BUSINESS	Public Comment Period
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the August 16,
2017 Meeting

On MOTION by Ms. Hurst seconded by Ms. Stark with all in favor the minutes of the August 16, 2017 Audit Committee meeting were approved as presented.

FOURTH ORDER OF BUSINESS	Tally	of	Audit	Committee	Member's
Rankings and Selection ofan Auditor
Mr. Showe stated we received score sheets from all of the committee members and we compiled those rankings as follows: Grau & Associates no. 1, Berger, Toombs, Elam, Gaines & Frank no. 2, McDirmit Davis no. 3, Carr, Riggs & Ingram no. 4.

October 18, 2017	Falcon Trace CDD

On MOTION by Ms. Hurst seconded by Ms. Miller with all in favor the ranking as read into the record was approved.

On MOTION by Ms. Stark Seconded by Ms. Baron With all in favor the Audit Committee meeting adjourned at 6:02 p.m.

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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 on Wednesday, October 18, 2017 at 6:03 p.m. at the Big Hawk Lake Recreational Center, 13600 Hawk Lake Drive, Orlando, Florida.

Present and constituting a quorum were: Sara Hurst
Carole Miller
Kathy Stark
Sue Marchesi Baron Felix Kutlik
Also present were: Jason Showe
Mike Eckert Alan Scheerer

FIRST ORDER OF BUSINESS

Chairperson Vice Chairperson
Assistant Secretary Assistant Secretary Assistant Secretary

District Manager
District Counsel (by phone) Field Manager

Roll Call

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

SECOND ORDER OF BUSINESS	Public Comment Period
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the August 16,
2017 Meeting

On MOTION by Ms. Stark seconded by Ms. Miller with all in favor the minutes of the August 16, 2017 meeting were approved as presented.

FOURTH ORDER OF BUSINESS	Acceptance	of	the	Audit	Committee's
Recommendation and Selection of #1 Ranked Firm to Provide Auditing Services for Fiscal Year 2017

October 18, 2017	Falcon Trace COD

Mr. Showe stated just prior to this meeting we held an Audit Committee meeting at which the Committee ranked Grau & Associates as the no. 1 ranked firm, Berger Toombs ranked no. 2, McDirmit Davis ranked no. 3 and Carr Riggs & Ingram ranked no. 4. You can accept those rankings and authorize the District Manager to execute the audit agreement and we will bring it back for ratification at the January meeting.

On MOTION by Ms. Hurst seconded by Ms. Miller with all in favor the Audit Committee's recommendation of Grau & Associates being ranked no. 1 was accepted and the District Manager was authorized to execute the engagement letter for the Fiscal Year 2017 audit.

FIFTH ORDER OF BUSINESS	Consideration	of	Non-Ad	Valorem
Assessment Administration Agreement with the Orange County Property Appraiser
Mr. Showe stated the next item is an agreement with the Orange County Property
Appraiser to place our assessments on the tax bill. The fee is the same as it was last year.

On MOTION by Ms. Hurst seconded by Ms. Stark with all in favor the agreement for non-ad valorem assessment administration with the Orange County Property Appraiser was approved.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
There being none, the next item followed.

Manager
Approval of Check Register

On MOTION by Ms. Baron seconded by Ms. Hurst with all in favor the check run summary in the amount of$68,380.65 was approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.

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October 18, 2017	Falcon Trace CDD

Field Manager's Report
Mr. Scheerer gave an overview of the pre-storm and post-storm efforts by staff and by the pool provider who brought in nine employees to clean the pool post-storm.

SEVENTH ORDER OF BUSINESS	Supervisor's Requests
Ms. Hurst asked did we get an estimate on moving the power?
Mr. Scheerer stated we have last year's estimate and I talked to Terry's Electric and it is about $3,500 to reroute the electric and put the timer in the maintenance room. Unfortunately, the electricians are tied up with storm damage and we will put this item on the January agenda for Board action.
Mr. Showe stated the next meeting is January 17, 2018.

On MOTION by Ms. Hurst seconded by Ms. Miller with all in favor the meeting adjourned at 6:19 p.m.

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�tary/istant Secretary	Chairman/Vice Chairman

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