Reserve
Community Development District
http://www.Reserve1cdd.com

Charles Henry, Chairman Lynn Fettrow, Vice Chairman
Gary Surber, Assistant Secretary Luis Planas, Assistant Secretary Richard Wright, Assistant Secretary

December 9, 2025

Seat 1: Charles Henry – (C.)		
Seat 5: Lynn Fettrow – (V.C.)		
Seat 2: Gary Surber – (A.S.)		
Seat 3: Luis Planas – (A.S.)		
Seat 4: Richard Wright – (A.S.)		

Reserve
Community Development District
Agenda

Tuesday	2160 NW Reserve Park Trace
December 9, 2025	Port St. Lucie, Florida 34986
1:30 p.m.	Join the meeting now
Meeting ID: 275 961 598 548 and Passcode: VN7Lu7Vd
1 872-240-4685 and Phone Conference ID: 771 945 179#

Roll Call
Approval of the Minutes of the November 4, 2025 Meeting – Page 4
PNC Account Analysis Statement – Page 11
Public Hearing to Adopt the Rules
Motion to Open the Public Hearing
Public Comment and Discussion
Consideration of Resolution #2026-03 Adopting Water and Wastewater Utility Rates by Rule – Page 17

Motion to Close the Public Hearing

Selection of Ranking Committee for Construction Services for Refurbishment of 16 Wastewater Lift Stations

Ranking of Proposals Received for Construction Services for Refurbishment of 16 Wastewater Lift Stations – Page 20

Staff Reports
Engineer – Update on Various Utility Projects – Page 21

Attorney

District Consultant

Manager
Invoice from St. Lucie West Service District for Bulk Water and Sewer – Page 22

Time Sheets for Plant Operations and Rick Riniolo for Underground Services – Page 23

Financial Reports
Approval of Check Run Summary – Page 28

Acceptance of Unaudited Financials – Page 37

Supervisors Requests and Audience Comments

Adjournment

Meetings are open to the public and may be continued to a time, date and place certain. For more information regarding this CDD please visit the website: http://www.Reserve1cdd.com

MINUTES OF MEETING RESERVE
COMMUNITY DEVELOPMENT DISTRICT
The regular meeting of the Board of Supervisors of the Reserve Community Development District was held on Tuesday, November 4, 2025, at 1:30 p.m. at 2160 NW Reserve Park Trace, Port St. Lucie, Florida 34986.

Present and constituting a quorum were:

Chuck Henry	Chairman
Lynn Fettrow	Vice Chairman
Gary Surber	Assistant Secretary
Luis Planas	Assistant Secretary

Also present were:

Darrin Mossing	District Manager
Gary Resnick	District Counsel (by phone)
Robert Fromm	Consultant
George Morgan	Consultant (by phone)
Josh Miller	St. Lucie West Services District
Roberto Cabrera	Culpepper & Terpening

FIRST ORDER OF BUSINESS	Roll Call
Mr. Mossing called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Approval of the Minutes of the
October 14, 2025 Meeting
Mr. Mossing presented the minutes of the October 14, 2025 meeting and asked for any corrections, deletions or additions, and upon hearing none, he asked for a motion to approve the minutes.

On MOTION by Mr. Planas seconded by Mr. Surber with all in favor, the Minutes of the October 14, 2025 Meeting were approved.

THIRD ORDER OF BUSINESS	PNC Account Analysis Statement
Mr. Mossing presented the PNC Account analysis statement indicating this item was for informational purposes only and no Board action was needed. He then asked for any comments or questions.

FOURTH ORDER OF BUSINESS	Consideration of:
Resolution #2026-02 Designating Gary Resnick of Gray Robinson as Registered Agent
Mr. Mossing presented resolution #2026-02 designating Gary Resnick of Gray Robinson as registered agent and stated this was more of a housekeeping formality and this item was verbally voted on at the last meeting for purposes of submitting the annual fee and wanted to memorialize this by resolution. He then and asked for any comments or questions and upon hearing none, asked for a motion to adopt resolution #2026-01.

On MOTION by Mr. Henry seconded by Mr. Planas with all in favor, Resolution #2026-02 designating Gary Resnick of Gray Robinson as Registered Agent was approved.

Amendment No. 1 to Professional Services Agreement with Culpepper & Terpening, Inc. to Proceed with the City of Port St. Lucie to Subdivide and Replat Parcel(s) for $26,750
Mr. Mossing presented item No. 4B, Amendment No. 1 to Professional Services Agreement with Culpepper & Terpening to proceed with the City of Port St. Lucie to subdivide and replat parcels for $26,750 a gave a brief explanation of this item.
(At this point a discussion was held among the Board members, Mr. Cabrera, Mr. Miller and Mr. Fromm relating to this item and also the following item, Amendment No. 2)(Mr. Cabrera explained Amendment No. 1 was for the plant site, and Amendment No. 2 was for the lift stations)
Mr. Mossing then asked for any further comments or questions, and upon hearing none, asked for a motion to approve Amendment No. 1.

2

On MOTION by Mr. Henry seconded by Mr. Surber with all in favor, accepting Amendment No. 1 (with Exhibit) to Professional Services Agreement with Culpepper & Terpening, Inc to proceed with the City of Port St. Lucie to subdivide and replat parcel(s) for
$26,750 was approved.

Amendment No. 2 to Professional Services Agreement with Culpepper & Terpening, Inc. to Provide Bid Assistance for Construction/Maintenance Improvements for 16 Lift Stations for
$9,500 and Lift Station Surveys based upon Time and Expense, Not to Exceed $24,800
Mr. Mossing presented item No. 4C, Amendment No. 2 to Professional Services Agreement with Culpepper & Terpening to provide bid assistance for construction/maintenance improvements for 16 lift stations for $9,500 and the lift station surveys based upon time and expense not to exceed $24,800 a gave a brief explanation of this item. Mr. Mossing then asked for any comments or questions.
(At this point a discussion was held among the Board members, Mr. Cabrera, Mr. Miller and Mr. Fromm and Mr. Resnick relating to this item and the RFP bid document and the RFP process as well)

Mr. Mossing then asked for any further comments or questions, and upon hearing none, asked for a motion to approve Amendment No. 2.

On MOTION by Mr. Surber seconded by Mr. Planas with all in favor, accepting Amendment No. 2 (with Exhibit) to Professional Services Agreement with Culpepper & Terpening, Inc to provide bid assistance for construction/maintenance improvements for 16 lift stations for $9,500 and lift station surveys based upon time and expense not to exceed $24,800 was approved.

Work Authorization for additional services for Water Main and Force Main Interconnect project for $6,300
Mr. Mossing presented item No. 4D, work authorization for additional services for water main and force main interconnect project for $6,300 and asked Mr. Cabrera for his comments.

3

Mr. Cabrera gave a brief overview relating to the work authorization for additional services at this time.
(At this point a brief discussion was held among the Board members and staff relating to this item)

On MOTION by Mr. Henry seconded by Mr. Fettrow with all in favor, accepting the Work Authorization for additional services for the water main and force main interconnect project for $6,300 was approved.

FIFTH ORDER OF BUSINESS	Staff Reports
Engineer
Mr. Mossing moved on to staff reports and ask Mr. Cabrera to present his report.
Mr. Cabrera stated most of the items were already covered but, gave a quick update on the interconnect project and stated 30% of the preliminary design was finalized and he had sent a version of the layout plans to Mr. Miller to take a look at and provide any comments on those, and the next milestone would be the 60% plans where vertical data would be added. Mr. Cabrera also stated a big lead item on the process was the FPL easement, and now that the horizontal plans were done, they could reach out to FPL for the next phase.
(At this point a brief discussion was held among the Board members and staff relating to this item)

Attorney – Discussion of St. Lucie County’s Approval of Transaction with St. Lucie West and Coordinating Our Request to the County with St. Lucie West’s Request
Mr. Resnick gave a brief overview of this item stating at the last meeting he had reported that the county staff and county attorney were fine with the language on the resolution describing the transaction of transferring the system and the assets to St. Lucie West Services, subject to county approval. He also stated the county attorney asked for a draft a resolution for the County Board’s approval of the transaction. Mr. Resnick stated that Mr. Miller had also indicated they would need an interlocal agreement with St. Lucie County, as well as an interlocal agreement with Port St. Lucie for their approval to accept the system and the customers from the Reserve.

4

(At this point a brief discussion was held among the Board members, Mr.
Resnick, and Mr. Miller relating to this item)

District Consultant
Mr. Fromm stated that items D1 and D2 were normal monthly invoices and he recommends approval on those. He also stated the only other item was he did meet with John Baker and Pat Pepperrelli on Legend’s Drive on Wednesday and discussed numerous different ways and scopes to move forward with the project. He also stated that Mr. Baker’s proposal was for $43,600 and $5,500 was just the asphalt portion, but that also included repairing the storm drain and gutter which has to do with the Master POA. Mr. Fromm stated they had discussed some other items as well and asked both contractors to rebid the project.
(At this point a brief discussion was held among the Board members, Mr. Fromm and Mr. Miller relating to this item)

Manager
Invoices from St. Lucie West Service District for Bulk Water and Sewer
Time Sheets for Plant Operations and Rick Riniolo for Underground Services
Mr. Mossing presented the invoices from St. Lucie West Services District for bulk water and sewer, and also the time sheets for Rick Riniolo for underground services stating these items were included in the agenda for informational purposes only. Mr. Mossing then asked for any question or comments relating to this item, the Board had no comments at this time.

Final Approval of the FY2024-FY2025 Report Performance Measures and Standards
Mr. Mossing presented the final approval of the FY2024-FY2025 report performance measures and standards, gave a brief explanation of the item stating this was included in the agenda package and those performance measures and standards were previously approved by the Board and this was the final report for the fiscal year 2024-2025. He then asked for any comments or questions, and upon hearing none, asked for a motion to approve the final report.

5

On MOTION by Mr. Surber seconded by Mr. Henry with all in favor, final approval of the FY2024-FY2025 Report Performance Measures and Standards was approved.

Discussion of Ethics Training for Management
Mr. Mossing also reminded the Board members to complete their 4 hours of annual ethics training by December 31, 2025 if they have not already done so.

SIXTH ORDER OF BUSINESS	Financial Reports
Approval of Check Run Summary
Acceptance of the Unaudited Financials
Mr. Mossing presented the check run summary and asked for any comments or questions on the check register.
Mr. Henry asked for about a refund to Gipp, Frederick for $2,255.72 and why that refund was so high.
Mr. Fromm stated that had to do with the PGA Learning Center.
Mr. Mossing then asked any further comments or questions and upon hearing none, he asked for a motion to approve the check run summary.

On MOTION by Mr. Henry seconded by Mr. Surber with all in favor, the Check Run Summary was approved.

Mr. Mossing then presented the unaudited financials and asked for any comments or questions.
Mr. Fromm made a few comments relating to selling one of the CDD wells to The Legacy and stated in order to reactivate the wells they would have to reconnect the line which would send water out to the fairways, so the question would be is it better for the CDD to sell a well or maybe The Legacy would just dig shallow wells like PGA.
(At this point a brief discussion was held among the Board members, Mr. Fromm and Mr. Miller relating to this item)

Mr. Mossing then asked for a motion to approve the unaudited financials.

6

On MOTION by Mr. Henry seconded by Mr. Surber with all in favor, the Unaudited Financials were approved.

SEVENTH ORDER OF BUSINESS	Supervisors	Requests	and
Audience Comments
Mr. Mossing asked for any Supervisor’s requests at this time, there were none.

EIGHTH ORDER OF BUSINESS	Adjournment
Mr. Mossing then asked for a motion to adjourn the meeting.

On MOTION by Mr. Planas seconded by Mr. Fettrow with all in favor, the Meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

7

Visit us at pnc.com

CLIENT NAME & ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 5385 N NOB HILL RD
SUNRISE FL 33351-4761	

ACCOUNT INFORMATION	
ACCOUNT	XXXXXX0034	SUMMARY	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option #4	

ANALYSIS PERIOD	
10/01/2025 to 10/31/2025	

ACCOUNT ANALYSIS STATEMENT

Page 1 of 6	0.PNC

STATEMENT DATE	

NOVEMBER 13, 2025	

ACCOUNTS INCLUDED IN THIS ANALYSIS
BANK NUMBER	ACCOUNT NUMBER	ACCOUNT NAME	ACCOUNT TITLE	
001	XXXXXX7724	RESERVE COMMUNITY DEVELO		

GO PAPERLESS. SIGN-UP TODAY FOR FREE ONLINE CORPORATE ACCOUNT ANALYSIS STATEMENTS THAT YOU CAN /ICCESS VIA PINACLE.

ENROLL TODAY. FOR MORE INFORMATION, CALL TREASURY MANAGEMENT CARE CENTER AT 1-800-669-1518 OR CONlACT YOUR TREASURY MANAGEMENT OFFICER.
A MINIMUM AVERAGE MONTHLY BALANCE MUST BE MAINTAINED TO WAIVE THE TREASURY ENTERPRISE (TE) MAINTENANCE FEE FOR A BILLING CYCLE. ADDITIONAL FEES MAY BE ASSESSED FOR ACCOUNTS, DEPOSITS AND TRANSACTION ACTIVITY EXCEEDING TE LIMITS.
QUESTIONS? CONTACT YOUR TREASURY MANAGEMENT OFFICER.
IMPORTANT INFORMATION -
CHANGES TO YOUR TREASURY MANAGEMENT SERVICES AGREEMENT ("SERVICES AGREEMENT") EFFECTIVE DEC 1, 2025: THE UPDATED SERVICES AGREEMENT ("VERSION OCTOBER 2025") IS NOW AVAILABLE AND CONTAINS THE TERMS AND CONDITIONS FOR MOST TREASURY MANAGEMENT SERVICES. PLEASE VISIT PNC'S SECURE WEBSITE AT PNC.COM/TMDOCUMENTS TO VIEW, DOWNLOAD AND PRINT THE UPDATED SERVICES AGREEMENT FOR YOUR RECORDS.
BY CONTINUING TO USE YOUR ACCOUNTS AND TREASURY MANAGEMENT SERVICES AFTER THE EFFECTIVE DATE, YOU AGREE TO BE BOUND BY THE UPDATED SERVICES AGREEMENT. IF YOU HAVE ANY QUESTIONS OR WISH TO DISCONTINUE YOUR SERVICES, PLEASE CONTACT YOUR TREASURY MANAGEMENT OFFICER.
IMPORTANT ACCOUNT CHANGE FOR ALL BUSINESS ACCOUNTS WITH TREASURY MANAGEMENT SERVICES
EFFECTIVE JANUARY 1, 2026, CHARGES FOR CERTAIN TREASURY MANAGEMENT SERVICES WILL CHANGE. THE IMPACT OF THESE CHANGES ON YOUR BUSINESS WILL DEPEND ON THE MIX OF SERVICES YOU USE AT PNC AND YOUR TRANSACTION VOLUME. IF APPLICABLE, THE FEES FOR SOME OF THE SERVICES MAY BE REDUCED OR OFFSET BY THE EARNINGS CREDIT FOR YOUR ACCOUNT.
WE WOULD BE HAPPY TO REVIEW WITH YOU THE CHANGES THAT ARE APPLICABLE TO YOUR ACCOUNT AND DISCUSS OTHER SERVICES OR OPTIONS THAT MAY ADDRESS THE EVOLVING NEEDS OF YOUR BUSINESS. CURRENT TREASURY MANAGEMENT CHARGES ARE LISTED ON YOUR MONTHLY STATEMENT, IF APPLICABLE.
IF YOU ARE INTERESTED IN A REVIEW, PLEASE CONTACT TREASURY MANAGEMENT CARE CENTER (TMCC) AT 1-800-669-1518.

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Page 2 of 6

Visit us at pnc.com

CLIENT NAME & ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 5385 N NOB HILL RD
SUNRISE FL 33351-4761	

ACCOUNT INFORMATION	
ACCOUNT	XXXXXX0034	SUMMARY	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option #4	
BILLING CYCLE	MONTHLY	

ANALYSIS PERIOD	
10/01/2025 to 10/31/2025	

STATEMENT DATE	

NOVEMBER 13, 2025	

ACCOUNT ANALYSIS STATEMENT

CURRENT MONTHLY BALANCE & COMPENSATION	
AVERAGE LEDGER BALANCE	168,485.03	EARNINGS ALLOWANCE (0.025 %)	3.52	
		TOTAL ANALYZED CHARGES	756.77	
LESS: DEPOSIT FLOAT	2,000.45	EXCESS/(DEFICIT) FEES	753.25-	
	
	TOTAL AMOUNT DUE	753.25	
AVERAGE COLLECTED BALANCE	166,484.58		(DEBIT)	
LESS: RESERVES( 0.00"/4,)	0.00			
INVESTABLE BALANCE	

166,484.58			
COLLECTED BALANCE REQUIRED	35,793,192.86			
EXCESS/(DEFICIT) BALANCE	35,626,708.28-			

YOUR ACCOUNT XXXXXX7724 WILL BE CHARGED ON THE LAST BUSINESS DAY OF THE MONTH FOR THE ABOVE NOTED DEFICIENCY AMOUNT.

SUMMARY OF ACCOUNT SERVICES
SERVICE DESCRIPTION	AFP CODE	VOLUME	UNIT PRICE	TOTAL PRICE	vOLLt::CTt::D
BALANCE REQUIRED	
REMOTE DEPOSIT	10 99 99

20 00 00
20 00 10
20 02 01

25  05  05
25  01  02
25  04 00
25 10  70
25 10  50

35  05 51
99 99 99
40 99 99
40 99 99

99 99 99	1

1
1
48

6
1,048
8
1
1

7
13
2
6

1	40.0000

80.0000
30.0000
0.0400

3.0000
0.3500
3.0000
3.0000
20.0000

0.7500
3.5000
1.1500
20.0000

2.0000			
DEPOSIT ON-SITE MONTHLY FEE				40.00	1,891,892.80	

CHECK DISBURSEMENT SERVICES				$40.00	$1,891,892.80	
CHECK POSITIVE PAY MONTHLY				80.00	3,783,785.60	
FULL RECON MONTHLY				30.00	1,418,919.60	
INPUT/TRANSMISSION ITEMS				1.92	90,810.85	

AUTOMATED CLEARINGHOUSE SERVICES				$111.92	$5,293,516.05	
PINACLE ACH FILE PROCESSED				18.00	851,351.76	
PINACLE ACH DEBIT/CREDIT ORIGINATED				366.80	17,348,656.98	
ACH RETURN ITEM				24.00	1,135,135.68	
ACHNOCITEM				3.00	141,891.96	
ACH POSITIVE PAY MONTHLY SERVICE				20.00	945,946.40	

INFORMATION SERVICES				$431.80	$20,422,982.78	
PINACLE ACH FUNDS TXFER TEMPLATES				5.25	248,310.93	
PINACLE ACH SPECIAL REPORT				45.50	2,152,028.06	
PINACLE SPECIAL REPORTS IMAGE				2.30	108,783.84	
PINACLE MODULE FEES				120.00	5,675,678.40	

MISCELLANEOUS				$173.05	$8,184,801.23	
PRINTED ANALYSIS STATEMENT FEE						
				$2.00	$0.00	

CAA-CAA1P801 023841 003480	001  XXXXXX0034	1-8	DOM

CLIENT NAME & ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 5385 N NOB HILL RD
SUNRISE FL 33351-4761	

ACCOUNT INFORMATION	
ACCOUNT	XXXXXX0034	SUMMARY	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option #4	
BILLING CYCLE	MONTHLY	

ANALYSIS PERIOD	
10/01/2025 to 10/31/2025	

STATEMENT DATE	

NOVEMBER 13, 2025	

SUMMARY OF ACCOUNT SERVICES
SERVICE DESCRIPTION	AFP CODE	VOLUME	UNIT PRICE	TOTAL PRICE	COLLEC1 t:U
BALANCE REQUIRED	
TOTAL ANALYZED CHARGES :

TOTAL CHARGES THIS CYCLE :
TOTAL WAIVED CHARGES:				$756.77	$35,793,192.86	
				$758.77
$2.00	$35,793,192.86
WAIVED	

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CAA-CAA 1P801 023842 003480	001  XXXXXX0034	1-8	DOM

CLIENT NAME & ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 2160 RESERVE PARKTRACE
PORT ST. LUCIE FL 34986	

ACCOUNT INFORMATION	
ACCOUNT	XXXXXX7724	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option #4	
BILLING CYCLE	MONTHLY	

ANALYSIS PERIOD	
10/01/2025 to 10/31/2025	

STATEMENT DATE	

NOVEMBER 13, 2025	

CURRENT MONTHLY BALANCE & COMPENSATION	
AVERAGE LEDGER BALANCE	168,485.03	EARNINGS ALLOWANCE (0.025 %)	3.52	
		TOTAL ANALYZED CHARGES	756.77	
LESS: DEPOSIT FLOAT	2,000.45	EXCESS/(DEFICID FEES	753.25-	
	
	(TRANSFERRED TOXXXXXX0034)	
AVERAGE COLLECTED BALANCE	166,484.58		
LESS: RESERVES( 0.00%)	0.00		
INVESTABLE BALANCE	

166,484.58		
COLLECTED BALANCE REQUIRED	35,793,192.86		
EXCESS/(DEFICIT) BALANCE	35,626,708.28-		

SUMMARY OF ACCOUNT SERVICES
SERVICE DESCRIPTION	AFP	CODE	VOLUME	UNIT PRICE	TOTAL PRICE	COLLECTEu
BALANCE REQUIRED	
REMOTE DEPOSIT	10

20
20
20

25
25
25
25
25

35
99
40
40

99	99

00
00
02

05
01
04
10
10

05
99
99
99

99	99

00
10
01

05
02
00
70
50

51
99
99
99

99	1

1
1
48

6
1,048
8
1
1

7
13
2
6

1	40.0000

80.0000
30.0000
0.0400

3.0000
0.3500
3.0000
3.0000
20.0000

0.7500
3.5000
1.1500
20.0000

2.0000			
DEPOSIT ON-SITE MONTHLY FEE						40.00	1,891!892.80	

!CHECK DISBURSEMENT SERVICES						$40.00	$1,891,892.80	
								
CHECK POSITIVE PAY MONTHLY						80.00	3,783,785.60	
FULL RECON MONTHLY						30.00	1,418,919.60	
INPUT/TRANSMISSION ITEMS						1.92	90,810.85	

AUTOMATED CLEARINGHOUSE SERVICES						$111.92	$5,293,516.05	
								
PINACLE ACH FILE PROCESSED						18.00	851,351.76	
PINACLE ACH DEBIT/CREDIT ORIGINATED						366.80	17,348,656.98	
ACH RETURN ITEM						24.00	1,135,135.68	
ACHNOCITEM						3.00	141,891.96	
ACH POSITIVE PAY MONTHLY SERVICE						20.00	945,946.40	

NFORMATION SERVICES						$431.80	$20,422,982.78	
								
PINACLE ACH FUNDS TXFER TEMPLATES						5.25	248,310.93	
PINACLE ACH SPECIAL REPORT						45.50	2,152,028.06	
PINACLE SPECIAL REPORTS IMAGE						2.30	108,783.84	
PINACLE MODULE FEES						120.00	5,675,678.40	
						$173.05	$8,184,801.23	
MISCELLANEOUS								
PRINTED ANALYSIS STATEMENT FEE								
						$2.00	$0.00	

CAA-CAA1P801 023843 003480	001  XXXXXX0034	1-8	DOM

CLIENT NAME & ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 2160 RESERVE PARKTRACE
PORT ST. LUCIE FL 34986	

ACCOUNT INFORMATION	
ACCOUNT	)()()()()()(7724	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option #4	
BILLING CYCLE	MONTHLY	

ANALYSIS PERIOD	
10/01/2025 to 10/31/2025	

STATEMENT DATE	

NOVEMBER 13, 2025	

SUMMARY OF ACCOUNT SERVICES
SERVICE DESCRIPTION	AFP CODE	VOLUME	UNIT PRICE	TOTAL PRICE	GULLl::Li I t:IJ
BALANCE REQUIRED	
TOTAL ANALYZED CHARGES :

TOTAL CHARGES THIS CYCLE :
TOTAL WAIVED CHARGES:				$756.77	$35,793,192.86	
				$758.77
$2.00	$35,793,192.86
WAIVED	

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CAA-CAA1P801 023844 003480	001  XXXXXX0034	1-8	DOM

CLIENT NAME &ADDRESS	
RESERVE COMMUNITY DEVELOPMENT 5385 N NOB HILL RD
SUNRISE FL 33351-4761	

ACCOUNT INFORMATION	
ACCOUNT	XXXXXX0034	SUMMARY	
CUSTOMER	BUSINESS BANKING	
SERVICE:	CUSTOMER SERVICE	
TELEPHONE:	1-877-BUS-BNKG Option #4	
BILLING CYCLE	MONTHLY	

ANALYSIS PERIOD	
10/01/2025 to 10/31/2025	

STATEMENT DATE	

NOVEMBER 13, 2025	

YEAR-TO-DATE RELATIONSHIP SUMMARY

MONTH	ADJUSTED AVERAGE
LEDGER BALANCE	ADJUSTED COLLECTED BALANCE	EARNINGS CREDIT RATE	TOTAL ACTIVITY CHARGES	COLLECTED BALANCE REQUIRED	
EXCESS/(DEFICln BALANCE	
EXCESS/(DEFICIT) FEE EQUIVALENT	

JANUARY	
213,145.86	
208,688.99	
.040114	
694.66	
20,389,542.22	
20,180,853.23-	
687.55-	
"EBRUARY	174,053.86	171,939.90	.027293	688.72	32,894,727.29	32,722,787.39-	685.12-	
MARCH	101,337.06	99,335.83	.000000	676.62	.00	99,335.83	676.62-	
QTRTOTAL	162,845.59	159,988.24		2,060.00	17,761,423.17	17,601,434.93-	2,049.29-	
/\PRIL	108,580.88	106,531.81	.000000	695.59	.00	106,531.81	695.59-	
MAY	194,813.77	192,857.19	.035165	680.95	22,800,051.39	22,607,194.20-	675.19-	
JUNE	291,361.81	289,199.38	.056794	717.66	15,374,035.47	15,084,836.09-	704.16-	
QTRTOTAL	198,252.15	196,196.13		2,094.20	12,724,695.62	12,528,499.49-	2,074.94-	
JULY	281,615.72	279,811.95	.055333	691.89	14,722,582.01	14,442,770.06-	678.74-	
AUGUST	82,911.79	80,980.79	.000000	701.74	.00	80,980.79	701.74-	
SEPTEMBEF	162,884.82	160,825.39	.022241	750.85	41,074,333.22	40,913,507.83-	747.91-	
QTRTOTAL	175,804.11	173,872.71		2,144.48	18,598,971.74	18,425,099.03-	2,128.39-	
OCTOBER	168,485.03	166,484.58	.024894	756.77	35,793,192.86	35,626,708.28-	753.25-	
QTRTOTAL	168,485.03	166,484.58		756.77	35,793,192.86	35,626,708.28-	753.25-	
YTDTOTAL	177,919.06	175,665.58	.026183	7,055.45	18,304,846.45	18,129,180.87-	7,005.87-	

II

CAA-CAA1P801 023845 003480	001  X.XXXXX0034	1-8	DOM

RESOLUTION 2026-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RESERVE COMMUNITY DEVELOPMENT DISTRICT ADOPTING AMENDMENT IX TO CHAPTER I OF THE DISTRICT RULES WITH RESPECT TO RATES, FEES, AND CHARGES FOR THE DISTRICT’S WATER AND WASTEWATER UTILITY SYSTEM; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Reserve Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and
WHEREAS, Chapter 190, Florida Statutes, authorizes the District to adopt rules to govern the administration of the District and to adopt resolutions as may be necessary for the conduct of District business; and
WHEREAS, Chapters 120 and 190, Florida Statutes, authorize the District to adopt rules, rates, charges and fees to govern the administration of the District and defray costs of operation and to adopt resolutions as may be necessary for the conduct of District business; and
WHEREAS, pursuant to Chapter 190, Florida Statutes, the District is authorized to operate and/or maintain systems and facilities for certain basic infrastructure, including utilities; and
WHEREAS, the District operates a water and wastewater utility system that provides water and wastewater service to residential and commercial customers; and
WHEREAS, pursuant to section 190.035, Florida Statutes, the District is authorized to prescribe, fix, establish and collect rates, fees or other charges for the utilities and services furnished by the District; and
WHEREAS, the Board finds that the adjustment of rates charges and fees for the provision of water and wastewater service is necessary in order to provide for the expenses associated with the operation and maintenance of the utility and is in the best interests of the District; and
WHEREAS, the District’s Board of Supervisors conducted a public hearing on December 9, 2025, duly noticed in accordance with Chapters 120 and 190, Florida Statutes, during which the public was provided an opportunity to comment on the District’s proposed Schedule of Rates, Fees and Charges for the District’s water and wastewater utility system; and
WHEREAS, the Board finds that the Schedule of Rates, Fees and Charges as set forth in Exhibit A is just and equitable and uniform for users of the same class, based

upon the amount of services to be furnished and their associated costs; and other factors affecting the use of the utilities and services furnished; and
WHEREAS, the Board of Supervisors (“Board”) finds that it is in the best interests of the District to adopt by resolution Amendment IX to Chapter I of the District Rules setting forth the Schedule of Rates, Fees and Charges, attached hereto as Exhibit A, for immediate use and application; and
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE RESERVE COMMUNITY DEVELOPMENT DISTRICT, THAT:
SECTION 1. Amendment IX to Chapter I of the District Rules setting forth rates, fees and charges identified in Exhibit A, attached hereto, is hereby approved, adopted and confirmed and effective as provided therein.
SECTION 2. The rates, fees and charges in Exhibit A are just and equitable and and uniform for users of the same class, based upon the amount of services to be furnished and their associated costs; and other factors affecting the use of the utilities and services furnished.
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 upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED at a meeting of the District Board of Supervisors, this 9th day of December 2025.

ATTEST:

RESERVE COMMUNITY DEVELOPMENT DISTRICT

Print name:		Print name: 	 Secretary / Assistant Secretary			Chairperson, Board of Supervisors

Exhibit A

SCHEDULE OF RATES, FEES, AND CHARGES

Residential and Commercial Customers:

Meter Size	Water Base Charge	
	Current	Jan. 1, 2026	
5/8”x3/4”	$17.79	$20.20	
1”	$44.48	$50.51	
1 1/2"	$88.95	$101.02	
2”	$142.31	$161.64	
3”	$284.60	$323.24	
4”	$444.71	$505.07	
6”	$889.40	$1,010.15	
8”	$1,423.04	$1,616.24	

Meter Size	Wastewater Base Charge	
	Current	Jan 1, 2026	
5/8”x3/4”	$20.36	$25.26	
1”	$49.37	$63.15	
1 1/2"	$101.80	$126.28	
2”	$162.85	$202.01	
3”	$325.73	$404.04	
4”	$508.94	$631.35	
6”	$1,017.89	$1262.72	
8”	$1,628.61	$2020.30	

Water Commodity Charge per 1,000 gallons of metered water:
Current	Jan. 1, 2026
$3.49	$4.53

Wastewater Commodity Charge per $1,000 gallons of metered water up to 10,000 gallons per monthly billing cycle:
Current	Jan. 1, 2026
$3.67	$5.05

Miscellaneous Service Charges – No Changes

Service Availability Fees for water and wastewater service: Water: Connection fees per ERC $2,785.00
Wastewater: Connection fees per ERC $2,250.00

Reserve Community Development District Request for Proposal
Lift Station Refurbishment Evaluation Criteria

RFP Response Section	
Max Points	Contractor # 1		Contractor # 2		Contractor # 3		Contractor # 4		Contractor # 5		Contractor # 6		Contractor # 7		
		Reviewer A	Reviewer B	Reviewer C	Reviewer A	Reviewer B	Reviewer C	Reviewer A	Reviewer B	Reviewer C	Reviewer A	Reviewer B	Reviewer C	Reviewer A	Reviewer B	Reviewer C	Reviewer A	Reviewer B	Reviewer C	Reviewer A	Reviewer B	Reviewer C	
Cover Letter and Required Forms	5								
Relevant Project Experience	25								
Key Personnel and Resumes	25								
Capacity, Resources and Bonding	20								
Project Approach and Schedule	15								
Local Presence	10								

Total by Reviewer	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	
Final Score		0.00			0.00			0.00			0.00			0.00			0.00			0.00		

Reserve CDD Water Main/Force Main Interconnect Project
Route survey completed:
Level 1 SUE finished: We've completed Level 1 Subsurface Utility Engineering using sounding and ground-penetrating radar. Note: This data is horizontal only and doesn’t include vertical info yet.
Preliminary design completed: The preliminary design is ready and has been reviewed with Josh @ St. Lucie West Services District.
Pending Level 2 SUE: We’re waiting for the field crew to complete test holes for utility conflicts to incorporate vertical info into the final design.
FPL coordination initiated: We've reached out to FP&L to begin the easement agreement process for crossing their transmission corridor west of interstate.

Reserve CDD Lift Station Upgrades & Bid Assistance
Bid assistance: The project manual with technical specs was published as an RFP. We’ve issued Addendum No. 1 to answer respondent questions.
Lift station surveys: We’re about halfway through fieldwork on the 16 lift stations. All fieldwork and deliverables should be wrapped up by early January.

Reserve CDD Water/Wastewater Plant Miscellaneous Support
Phase 1 environmental study: Fieldwork is done; awaiting the seller’s questionnaire to finalize the report. I will circulate this, this week.
Boundary survey: Fieldwork is complete; replatting is the next step.
Pavement core samples: We’re scheduling pavement core sampling for the entrance driveway to ensure it meets city standards as part of the replatting.

BILL TO:						
Name	 Reserve CDD (Interconnect)		
Address	 5385 N. Nob Hill Road		
City	Sunrise	State	FL	ZIP	33351	
Attn:	 Patti Powers						

	
REMIT TO:	
ST. LUCIE WEST SERVICES DISTRICT	
450 SW UTILITY DRIVE	
PORT ST. LUCIE, FL. 34986	

Invoice Number:	BW00173	

Statement Date:	Monday, November 3, 2025	

PLEASE MAKE CHECKS PAYABLE TO ST. LUCIE WEST SERVICES DISTRICT OR SLWSD AND REMIT TOP PORTION WITH PAYMENT

Gallons	Description	Unit Price	TOTAL	

13153136	Bulk water usage	Read Date	Read	End Date	Read
10/1/2025	179021302	11/1/2025	192174438	
$	3.64	
47,877.42	
	Base rate water	$	948.50	$	948.50	
10200000	Read Date	Read	End Date	Read
Bulk sewer usage	10/1/2025	277562	11/1/2025	287762	
$	4.04	
41,208.00	

October 2025 Usage

J. Miller, District Manager			
	M. Matos, Utility Billing Specialist			
	P. Powers, Reserve Utility			
Subtotal Shipping
For your records	Total
Due Date	$	90,033.92	
		
	$	90,033.92	
	12/4/2025	

Office Use Only	Initials	
Date Received	Check #	

ST. LUCIE WEST SERVICES DISTRICT	
450 SW UTILITY DRIVE	
PORT ST. LUCIE, FL 34986	
Tel: (772) 340-0220	
www.slwsd.org	

Invoice No.	BW00173	
Due Date	Amount Enclosed	
12/4/2025	$	

Comments:

Please note: Retain the bottom portion for your records.
.	.
450 SW Utility Dr., Port St. Lucie, FL 34986 Tel: (772) 340-0220 Fax: (772) 871-5771 www.slwsd.org Office Hours 8:00 AM - 4:00 PM Monday - Friday

Thursday	25-Sep	
Friday	26-Sep	
Saturday	27-Sep	
Sunday	28-Sep	
Monday	29-Sep	
Tuesday	30-Sep	
Wednesday	1-Oct	

	
4	
6	
4	
4	
4	
4	
4	

Total	30	

Dominic Smith

Thursday	
Friday	
Saturday	
Sunday	
Monday	
Tuesday	
Wednesday	

Total

Thursday	2-Oct	
Friday	3-Oct	
Saturday	4-Oct	
Sunday	5-Oct	
Monday	6-Oct	
Tuesday	7-Oct	
Wednesday	8-Oct	

	
4	
8	
5	
5	
6	
4	
4	

	
leak 8404 Mulligan	
call from 8541 Belfry	
leak 8541 Belfry	
leak 9859 Perfect Dr	

Total	36	

Dominic Smith

Thursday	
Friday	
Saturday	
Sunday	
Monday	
Tuesday	
Wednesday	

Total

Thursday	9-Oct	
Friday	10-Oct	
Saturday	11-Oct	
Sunday	12-Oct	
Monday	13-Oct	
Tuesday	14-Oct	
Wednesday	15-Oct	

4	
8	
5	
4	
4	
4	
4	

Total	33	

Dominic Smith

Thursday	
Friday	
Saturday	
Sunday	
Monday	
Tuesday	
Wednesday	

Total

leak 9670 Fairwood Ct / Azalia lift sta

leak 9886 Perfect/meet eng. at plant	
tow F150 to dealer	

Thursday	16-Oct	
Friday	17-Oct	
Saturday	18-Oct	
Sunday	19-Oct	
Monday	20-Oct	
Tuesday	21-Oct	
Wednesday	22-Oct	

4	
7	
7	
4	
5	
4	
4	

Total	35	

Dominic Smith

Thursday	
Friday	
Saturday	
Sunday	
Monday	
Tuesday	
Wednesday	

Total

check leak 8637 Dalia

Thursday	23-Oct	
Friday	24-Oct	
Saturday	25-Oct	
Sunday	26-Oct	
Monday	27-Oct	
Tuesday	28-Oct	
Wednesday	29-Oct	

	
4	
6	
4	
4	
4	
4	
4	

Total	30	

Dominic Smith

Thursday	23-Oct	
Friday		
Saturday		
Sunday		
Monday		
Tuesday		
Wednesday		

$300.00 read meters

Total

Reserve
COMMUNITY DEVELOPMENT DISTRICT

Fiscal Year 2026
Check Register

Date	check #'s	Amount		

10/1-10/31	

14151-14181		

$85,840.92	
	AUTOPAY		$3,815.62	
	TOTAL		$89,656.54	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....	
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#	
10/06/25	00594	9/28/25	30344	202510 300-15500-10000	*	49,016.00	
FY2026	INSURANCE	EGIS INSURANCE ADVISORS,	LLC	49,016.00	014151	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- -	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
10/06/25	00743	9/01/25	FCCFL/25 202509 320-53600-52000	*	217.89	

SEP 25 - REFUSE SERVICE

FCC ENVIRONMENTAL SERVICES	217.89 014152

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/06/25 00760	8/31/25 7300844	202508 310-53600-48000	*	262.64

GANNETT FLORIDA LOCALIQ	262.64	014153	
- - - - - - - -	- - - - - - -	- -	- - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	- - - -	- - -	
10/06/25	00486	10/01/25	564	202510 310-53600-34000	
OCT	25	- MGMT FEES	
10/01/25	564	202510 310-53600-44000	*	110.25	
OCT	25	- RENT	
10/01/25	564	202510 310-53600-35100	*	137.83	
OCT	25	- COMPUTER TIME	
10/01/25	564	202510 310-53600-49500	*	91.92	
OCT	25	- WEBSITE ADMIN	
10/01/25	564	202510 310-53600-51000	*	17.50	
OCT	25	- OFFICE SUPPLIES	
10/01/25	564	202510 310-53600-42000	*	24.42	
OCT	25	- POSTAGE	
10/01/25	564	202510 310-53600-42500	*	156.60	
OCT	25	- COPIES	

NOTICE OF MEETING

- -	-	-	-	-	-	- - - - -	
*						3,895.50	

GOVERNMENTAL MANAGEMENT SERVICES -	4,434.02 014154
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/14/25 00729 10/14/25 00342210 202510 320-53600-41100	*	99.25
OCT 25 - ANSWERING SVC
A PERSONAL ANSWERING SERVICE INC.	99.25 014155
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/14/25 00770	9/30/25 102525	202509 310-53600-31100	*	18,397.50
SEP 25 ENGINEERING FEES
CULPEPPER & TERPENING INC	18,397.50 014156

10/14/25	00012	9/16/25	
- - - - - - - -
10/14/25 00047	- - - -
10/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8-993-79 202509 310-53600-42000	*	37.28
DELIVERIES THRU 9/4
FEDEX	37.28 014157
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
92511	202510 310-53600-54000	*	175.00
SPECIAL DISTRICT FEE FY26
FLORIDACOMMERCE	175.00 014158
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/14/25 00723	8/31/25 294349	202508 320-53600-42000	*	1,537.42
AUG 25 - MONTHLY MAILING
RESV -RESERVE-	PPOWERS

CHECK	VEND#	.....INVOICE.....	...EXPENSED TO...	VENDOR	NAME	STATUS	AMOUNT	....CHECK.....	
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#	
9/01/25	294670	202508 320-53600-42000	*	95.72	
9/30/25	AUG 25
296203	- MONTHLY SUPPORT
202509 320-53600-42000	*	1,530.13	
SEP 25	- MONTHLY MAILING	
10/01/25	296523	202509 320-53600-42000	*	96.88	
SEP 25	- MONTHLY SUPPORT	
INFOSEND,	INC.	3,260.15	014159	
- - - -	- - -	-	- - - -	- - - -	-	- - - - - - - - - - - - - - - - -	- -	- - -	-	-	-	-	-	-	-	- - - - - - - - - - -	-	- - - - -	- - -	
10/14/25	00595	10/30/25	1053376	202509 320-53600-49100	*	68.73	
SEP 25	- TICKETS	
SUNSHINE STATE	ONE	CALL	68.73	014160	
- - - -	- - -	-	- - - -	- - - -	-	- - - - - - - - - - - - - - - - -	- -	- - -	-	-	-	-	-	-	-	- - - - - - - - - - -	-	- - - - -	- - -	
10/14/25	00751	10/07/25	23932	202509 310-53600-31500	*	1,095.80	
SEP 25	- ATTORNEY FEES	
TORCIVIA, DONLON, GODDEAU &	1,095.80	014161	
- - - -	- - -	-	- - - -	- - - -	-	- - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	- - - - - - - - - - -	-	- - - - -	- - -	
10/17/25	00012	10/14/25	9-028-30	202510 310-53600-42000	*	37.43	
DELIVERIES THRU 10/7	
FEDEX	37.43	014162	
- - - -	- - -	-	- - - -	- - - - -	- - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	- - - - - - - - - - -	-	- - - - -	- - -	
10/17/25	00009	10/17/25	10172025	202511 320-53600-34400	*	3,000.00	
NOV 25 - CONSULTING SVCS
ROBERT L. FROMM ASSOCIATES	3,000.00 014163
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/17/25 00749 10/14/25 11324091 202509 310-53600-31501	*	3,960.50
SEP 25 - UTILITY/FDEP ENF
GRAY ROBINSON, PA	3,960.50 014164	

			
- - - -	- - -	-	- - - -	- - - - -	- - - - - - - - - - - - - - - - - - - -	- - -	-	-	-	-	-	-	-	- - -	-	- - - - -	- - -	
10/24/25	00647	10/20/25	OCT 25
OCT 25	202510 320-53600-46000	*	250.00	
BAUTISTA & SONS LAWN	MAINTENANCE	250.00	014165	
- - - -	- - -	-	- - - -	- - - - -	- - - - - - - - - - - - - - - - - - - -	- - - - - -	-	-	-	-	- - -	-	-	- - - -	- - -	
10/24/25	00739	10/17/25	67800268	202510 320-53600-52000	*	245.00	
E COLI	& COLIFORM	
EUROFINS ENVIRONMENT	245.00	014166	
- - - -	- - -	-	- - - -	- - - - -	- - - - - - - - - - - - - - - - - - - -	- - - - - -	-	-	-	-	- - -	-	-	- - - -	- - -	
10/24/25	00614	10/23/25	55V14623	202510 320-53600-51000	*	82.00	
OCT 25	- BASE CHARGE	
KYOCERA DOCUMENT SOLUTIONS, LLC	82.00	014167	
- - - -	- - -	-	- - - -	- - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	- - -	-	-	- - - -	- - -	
10/24/25	90000	10/24/25	01120102	202510 300-11500-10000	*	59.28	
001120102 PAYNE, THOMAS &	
PAYNE, THOMAS & CYNTHIA	59.28	014168	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	- - -	-	-	- - - -	- - -	
10/24/25	90000	10/24/25	01203004 202510 300-11500-10000	*	15.53	
001203004 CARLETON, STEVE	
CARLETON, STEVEN & VERONCIA	15.53	014169	
- - - -	- - -	-	- - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	- - -	-	-	- - - -	- - -	

- - - - - - -	

- - - - - - -	

- - - - - - -	

- - - - - - -	

- - - - - - -	

-	
-	
-	
-	
-	
-	
-	

- MOWING

RESV -RESERVE-	PPOWERS

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/24/25 90000 10/24/25 01205806 202510 300-11500-10000	*	26.52
001205806 RIBAUDO, ALF &
RIBAUDO, ALFONSO & CAROL	26.52 014170
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/24/25 90000 10/24/25 01255901 202510 300-11500-10000	*	78.90
001255901 SMITH, M/M IAN

-	-	-	-	-	-	-	-	-	

- - - - - - - -	
-	

-	
-	
-	
-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
-	
-	
-	
-	
-	

SMITH, M/M IAN	78.90 014171
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
10/24/25 90000 10/24/25 01262903 202510 300-11500-10000	*	47.89
001262903 JENSEN, DAVID &
JENSEN, DAVID & DIANE	47.89 014172
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
10/24/25 90000 10/24/25 01270402 202510 300-11500-10000	*	63.47
001270402 BOSCHEN, SUSAN
BOSCHEN, SUSAN COHEN	63.47 014173
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
10/24/25 90000 10/24/25 01324501 202510 300-11500-10000	*	33.88
001324501 LEWIS, M/M JARY
LEWIS, M/M JARY W.	33.88 014174
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
10/24/25 90000 10/24/25 01404001 202510 300-11500-10000	*	62.08
001404001 VASSO, MR.
VASSO, EDWARD	62.08 014175
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
10/24/25 90000 10/24/25 01405703 202510 300-11500-10000	*	88.20
001405703 IFILL, LAUREN &
IFILL, LAUREN	88.20 014176
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
10/24/25 90000 10/24/25 01576201 202510 300-11500-10000	*	411.46
001576201 BUCCI, MIKI & M
BUCCI, MIKI & MATT	411.46 014177
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
10/24/25 90000 10/24/25 01587901 202510 300-11500-10000	*	61.77
001587901 RAMOS, PETER
RAMOS, PETER	61.77 014178
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
10/24/25 90000 10/24/25 01601502 202510 300-11500-10000	*	99.49
001601502 FERRIS, MARY A
FERRIS, MARY A REVOCABLE TRUST	99.49 014179
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/24/25 90000 10/24/25 01913107 202510 300-11500-10000	*	33.26
001913107 GIETL, ED & LIN
GIETL, ED & LINDA	33.26 014180
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/24/25 00751	9/09/25 23827	202508 310-53600-31500	*	120.00
AUG 25 - GENERAL COUNSEL
TORCIVIA, DONLON, GODDEAU &	120.00 014181
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	85,840.92
RESV -RESERVE-	PPOWERS

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/31/25 00013 10/31/25 OCT 25	202510 320-53600-43000	*	3,649.60 OCT 25 - ELECTRIC
10/31/25 OCT 25	202510 320-53600-46100	*	166.02
OCT 25 - ELECTRIC
FPL (AUTO-PAY)	3,815.62 080009
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK Z	3,815.62
TOTAL FOR REGISTER	89,656.54

RESV -RESERVE-	PPOWERS

If you don't already have online access to account maintenance features, please call 1-877-459-9801 and establish an Account View Program Administrator User ID today.

Account #	XXXX XXXX XXXX 4066
Statement closing date	10/02/25
New balance	$2,673.84
Minimum payment	$26.00
Due date	10/28/25

Questions?
pnc.com/accountview
1-800-474-2101 24 hours a day, 7 days a week

Your account summary

Your rewards summary

Previous balance	$1,254.66	
Payment received on 09/04/25 - thank you	$1,254.66	
Purchases	$2,673.84	
Credits	$0.00	
Cash advances	$0.00	
Late and overlimit fees	$0.00	
Finance charges	$0.00	
New balance	$2,673.84	
 Minimum payment	$26.00	
Due date	10/28/25	
Total credit limit	$18,000.00	
Total available credit	$15,326.00	
Cash advance available credit	$9,000.00	

Previous total	34,261
Earned this period	2,673
Redeemed this period	0
New total	36,934
You automatically earn one mile for every $1 in qualifying credit card net purchases. To redeem your miles, please visit pnc.com/travelrewards or call

1-877-459-9801.

Your transactions

TRANS DATE	POST DATE	REFERENCE NUMBER	DESCRIPTION	AMOUNT	
09/04	09/04	74436037P01MMM6P5	ONLINE CREDIT CARD PMT 09/04 XXXX4066	$1,254.66-	
Total				$1,254.66-	
RICK RINOLO		Card number: XXXX XXXX XXXX 3761		
09/03	09/03	24034547P00M75697	7-ELEVEN 38890 PORT SAINT LU FL	$51.31	
(continued on next page)

PO Box 1802
Dayton OH 45401

Check here if address, phone or e-mail changes are indicated on reverse side

Account #	XXXX XXXX XXXX 4066
New balance	$2,673.84
 Minimum payment	$26.00
 Due date	10/28/25
PAYMENT ENCLOSED

4 4 36032 1 1 900 4 066000026738 4 0000 1 25 4 6600000026003	$

Make check payable to:
PNC BANK PO Box 71335
Philadelphia PA 19176-1335
D F F T D A A A F F T F A A F F A D T T A T A D A T T A D A T D A F T D F D T A A F F T A A D D T T F T T F T F T T F D D F A T A 

PATTI POWERS
RESERVE COMMUNITY DEVELOP 5385 N NOB HILL RD
SUNRISE FL 33351-4761

D D A D D D T T A A F T T T T D T D F D F A D D D A D F T F F F D T F A D T A T D D D D T A F F A D A F F T F F A A T A F F F T F 

Making and crediting of payments We provide several ways for you to make a payment:
Mail: Send your payment to the P.O.Box printed on your statement coupon.
Online: Sign on to your PNC Online Banking account at pnc.com and click on "Make a Payment" or "Pay Today" on the account activity screen for your account.
Phone: Use our automated telephone payment service by calling the customer service phone number on the first page of this statement.
If you use one of the payment options listed above to make your payment and you comply with the add�ional payment requirements set out in this section, we will credit your payment as follows:
Mailed payments received by 5:00p.m. eastern time will be credited same day received.
Payments made by 6:00 p.m. eastern time using our automated telephone payment service will be credited same day made.
Payments made before midnight eastern time by signing on to your PNC Online Banking account and clicking on "Make a Payment" or "Pay Today" on the account activity screen for your account will be credited the same day made.
Payments received/made after the above cut-off times will be credited the next day.
If you don't use one of the options listed above and/or don'tcomply with the following additional payment requirements, crediting of your payment may be delayed up to 5 days or your payment may be rejected.
Additional payment requirements: All payments must be in U.S. dollars and drawn on an account at a U.S. financial institution. You may not use a PNC Bank convenience check to make a payment on your account. When sending your payment by mail,you must use the envelope provided with your statement and include your statement coupon, make sure our address on the statement coupon is showing through the envelope window; do not send cash or include paper clips, staples, tape or other correspondence with your payment.
Important information about Credit Availability: In order to ensure there is enough time for a payment to clear the account on which ii is drawn, we may not make the payment amount available to re-borrow for a period of 10 or 14 days, depending on the amount of the payment and other factors. Even if the payment amount is not available immediately, the payment will be credited on receipt if and as provided in the section called "Making and Crediting of Payments" above.
Conditional Payments: Any payment you send to us for less than the full balance marked with the words "Paid in Full" or similar language,must be sent to Customer Service,P.O.Box 3429, Pittsburgh, PA 15230-3429. We may refuse to accept such payments. If your payment is made to any other address, we may accept the payment without losing any of our rights. All other payments should be sent to the payment address printed on the remittance portion of the statement.

- Terms and Conditions

--

Balance Calculation for Cash Advances: A finance charge will be imposed on all Cash Advances from the date of each Cash Advance. We figure the finance charges for Cash Advances by applying the periodic rate for Cash Advances to the Average Daily Balance for Cash Advances. To get your Average Daily Balance for Cash Advances, we take the beginning balance of Cash Advances for your Account each day, and unpaid finance charges and fees that apply to Cash Advances, add any new Cash Advances, and subtract any payments and credits that apply to Cash Advances. This gives us the Daily Balance for Cash Advances. Then.we add all the Daily Balances for Cash Advances for the billing cycle and divide by the total number of days in the billing cycle. This gives us the Average Daily Balance for Cash Advances.
Balance Calculation for Balance Transfers: A finance charge will be imposed on all Balance Transfers from the date each transfer check is written by us. We figure the finance charges for Balance Transfers by applying the periodic rate for Balance Transfers to the Average Daily Balance for Balance Transfers. To get your Average Daily Balance for Balance Transfers, we take the beginning balance of Balance Transfers for your Account each day, and unpaid finance charges and fees that apply to Balance Transfers, add any new Balance Transfers, and subtract any payments and credits that apply to Balance Transfers. This gives us the Daily Balance for Balance Transfers. Then, we add all the Daily Balances for Balance Transfers for the billing cycle and divide by the total number of days in the billing cycle. This gives us the Average Daily Balance for Balance Transfers.
The finance charge may be determined by (1) multiplying each of the Average Daily Balances by the number of days in the billing cycle, (2) multiplying each of the results by the applicable daily periodic rate, and (3) adding each of these products together.
IMPORTANT NOTICE
This is an attempt to collect a debt and any information obtained will be used for that purpose.

Lost or Stolen Cards: You must immediately report lost or stolen cards by calling the Customer Service number on the front of the statement.
Grace Period: You may avoid finance charges on the Purchases portion of your New Balance if you paid in full the New Balance showing on your previous statement and you pay in full the New Balance on your current statement. All payments must be received by the requested due dates to avoid finance charges. The grace period is not applicable to cash advances or balance transfers.
Balance Calculation Method: The balance calculation method we use for purchases,cash advances and balance transfers is described in the paragraphs that follow. However, please note: If you were a BBVA USA credit card accountholder and, in accordance with the written instructions provided to you, rejected the changes to your account terms that were to take effect on October 8, 2021, please refer to your credit card agreement or contact the PNC Customer Care phone number on the front of your statement for balance calculation details.
Balance Calculation for Purchases: Finance charges on Purchases accrue from the date of each transaction. We figure finance charges for Purchases by applying the periodic rate for Purchases to the Average Daily Balance for Purchases. To get your Average Daily Balance for Purchases we take the beginning balance of Purchases for yourAccount each day, and unpaid finance charges and fees that apply to Purchases, add any new Purchases (if you have not paid in full your previous New Balance by the Due Date) and subtract any payments and credits that apply to Purchases.This gives us the Daily Balance for Purchases. Then, we add all the daily balances for Purchases for the billing cycle and divide by the total number of days in the billing cycle.This gives us the Average Daily Balance for Purchases.

OAS170CC - 7 - 02/24

Moving? Please provide your new information below and also check the box on the front of the payment stub to ensure prompt handling.

Street address 	

City 	State 	 ZIP 	

Business phone 	 Cell phone 	

*Email address 	
*This email address will be used to provide you with general communications and special offers. This change will not update your email address in any PNC Bank online service.

Account #	XXXX XXXX XXXX 4066
Statement closing date	10/02/25

Your transactions (continued)

TRANS DATE	POST DATE	REFERENCE NUMBER	DESCRIPTION
MCC: 5542  MERCHANT ZIP: 34983	AMOUNT	
09/08	09/08	24034547W01N4WF5E	7-ELEVEN 38890 PORT SAINT LU FL
MCC: 5542  MERCHANT ZIP: 34983	$50.00	
09/09	09/09	24011347W2X70ZJ0P	AMAZON RETA* PW6KW1SR3 WWW.AMAZON.CO WA
MCC: 5331  MERCHANT ZIP: 98109	$68.44	
09/09	09/09	24431067X88HQ9D81	STAMM MANUFACTURING FORT PIERCE FL
MCC: 5533  MERCHANT ZIP: 34947	$152.47	
09/12	09/12	24034548002FRB76T	7-ELEVEN 38890 PORT SAINT LU FL
MCC: 5542  MERCHANT ZIP: 34983	$45.40	
09/17	09/17	24034548503GTSSAK	7-ELEVEN 38890 PORT SAINT LU FL
MCC: 5542  MERCHANT ZIP: 34983	$53.09	
09/22	09/22	24137468A01BGD34S	SPEEDWAY 43433 PORT ST. LUCI FL
MCC: 5542  MERCHANT ZIP: 34983	$48.43	
09/22	09/22	2438886893PM8BNF0	Siemens Industry INC Alpharetta GA
MCC: 5085  MERCHANT ZIP: 30005	$2,092.01	
09/24	09/24	24011348B2X508129	AMAZON MARK* 7X5AR1UM3 AMAZON.COM/MA WA
MCC: 5999  MERCHANT ZIP: 98109	$55.95	
09/27	09/27	24137468F01A6MTNQ	SPEEDWAY 43433 PORT ST. LUCI FL
MCC: 5542  MERCHANT ZIP: 34983	$46.75	
10/01	10/01	24692168J368YEAR9	AMAZON MKTPL*NJ5OR47H1 Amzn.com/bill WA
MCC: 5942  MERCHANT ZIP: 98109	$9.99	
Total				$2,673.84	

Your finance charges

CORRESPONDING

DAILY

DAYS

AVERAGE

TYPE OF
BALANCE	ANNUAL PERCENTAGE
RATE (APR)	PERIODIC RATE (MAY VARY)	IN BILLING	DAILY BALANCE	FINANCE CHARGE	
Purchases	16.490%	0.04517%	30	$0.00	$0.00	
Cash advances	23.490%	0.06435%	30	$0.00	$0.00	
					$0.00	

 

Important information - please read

Your Visa® Guide to Benefits will be updated.
We are updating the Visa Guide to Benefits for your credit card account, effective 10/1/2025. Changes include updated benefits administrator contact information along with the addition of a definition for the term "Covered Purchase" in the Purchase Security/Extended Protection section of your benefit guide. No benefits were removed with this update. The updated Visa Guide to Benefits is available at pnc.com/visabenefits, or by mail upon request.
To learn more about PNC products and services ask Google Assistantã or Siri® to take you to pnc.com. Google Assistant is a trademark of Google LLC.
Siri is a registered mark of Apple Inc.

-
-
--

Reserve
Community Development District Unaudited Financial Reporting
October 31, 2025

Table of Contents

1

2

3-4

5

	Balance Sheet

	Water and Sewer Fund

	Month to Month

	Long Term Debt Report

Reserve
Community Development District Statement of Net Position October 31, 2025

Water/Sewer Fund

Assets
Current Assets:		
Cash		
Operating Account	$	176,551	
Investments		
State Board of Administration (SBA)	1,882,316	
Accounts Receivable - Utility Billing	202,315	
Accounts Receivable - Other	449	
Prepaid Expenses	44,931	
Deposits	365	

Noncurrent Assets:
Capital Assets:
Land, Buildings and Improvements (net)	4,723,640	
CIP - Lift Stations	12,855	
CIP - Force Main/Interconnect	44,890	
Total Assets	$	7,088,312	

Liabilities
Current liabilities:
Accounts Payable	

254,425	
Customer deposits	290,070	

Noncurrent liabilities:
Prepaid connections fees	

281,728	
Total Liabilites	$	826,222	

Net Position
Net investment in capital assets	

4,715,512	
Restricted	111,618	
Unrestricted	1,434,960	
Total Net Position	$	6,262,089	
		
Total Liabilities & Net Position	$	7,088,312	

Page 1

Reserve
Community Development District Water/Sewer Fund
Statement of Revenues, Expenses, and Changes in Net Position
For The Period Ending October 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 10/31/25	Thru 10/31/25	Variance	

Operating Revenues		
Charges for Services: Water Revenue	
$  1,300,000	
$	108,333	
$	99,638	
$	(8,695)	
Sewer Revenue	1,300,000	108,333	89,045	(19,288)	
Misc. Income/Penalties	6,500	542	1,319	777	
Interest Income	55,000	4,583	6,583	2,000	
Rental Income	7,200	600	1,200	600	
Connection/Meter Fees	-	-	275	275	
Total Revenues	$ 2,668,700	$	222,392	$	198,061	$	(24,330)	
General & Administrative:					
Supervisor Fees	$	6,000	$	500	$	600	$	(100)	
PR-FICA	459	38	46	(8)	
Engineering	20,000	1,667	-	1,667	
Attorney	15,000	1,250	5,397	(4,147)	
Special Counsel	50,000	4,167	-	4,167	
Annual Audit	8,800	-	-	-	
Management Fees	46,746	3,896	3,896	-	
Information Technology	1,654	138	138	0	
Website Maintenance	1,103	92	92	(0)	
Postage & Delivery	2,500	208	100	108	
Insurance General Liability	51,899	51,899	4,085	47,814	
Printing & Binding	1,200	100	157	(57)	
Rentals & Leases	1,323	110	110	-	
Legal Advertising	2,000	167	125	41	
Other Current Charges	6,000	500	748	(248)	
Office Supplies	500	42	18	24	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	215,359	$	64,948	$	15,686	$	49,262	
Plant and Field Operations & Maintenance					
Salaries	$	132,374	$	11,031	$	8,700	$	2,331	
FICA	10,127	844	666	178	
Workers Comp Insurance	3,500	3,500	3,214	286	
Plant Mangement	60,000	5,000	-	5,000	
Consulting Services	151,360	12,613	3,000	9,613	
Telephone	13,360	1,113	1,146	(33)	
Answering Service	1,500	125	99	26	
Postage	19,200	1,600	-	1,600	
Electric	55,000	4,583	3,650	934	
Bulk Water/Sewer Purchase	1,050,000	87,500	90,034	(2,534)	
Repairs & Maintenance	60,000	5,000	250	4,750	
Lake Management	1,440	120	-	120	
Condo Expenses	6,100	508	1,122	(614)	
Office Supplies	1,000	83	82	1	
Operating Supplies	40,000	3,333	314	3,020	
Chemicals	35,000	2,917	-	2,917	
Subtotal Plant and Field Operations & Maintenance	$ 1,639,961	$	139,872	$	112,276	$	27,595	

Non-Operating Expenses					
Renewal & Replacement	$	-	$	-	$	-	$	-	
Total Non-Operating Expenses	$	-	$	-	$	-	$	-	
					
Total Expenses	$ 1,855,320	$	204,820	$	127,962	$	76,857	
					
Change in Net Position	$	813,380	$	17,572	$	70,099	$	52,527	
					
Total Net Position - Beginning	$	-		$  6,191,990		
					
Total Net Position - Ending	$	813,380		$  6,262,089		

Page 2

Reserve
Community Development District Month to Month

Adopted Budget	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Water Revenue	$  1,300,000  $	99,638	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	99,638	
Sewer Revenue	1,300,000	89,045	-	-	-	-	-	-	-	-	-	-	-	89,045	
Misc. Income/Penalties	6,500	1,319	-	-	-	-	-	-	-	-	-	-	-	1,319	
Interest Income	55,000	6,583	-	-	-	-	-	-	-	-	-	-	-	6,583	
Rental Income	7,200	1,200	-	-	-	-	-	-	-	-	-	-	-	1,200	
Connection/Meter Fees	-	275	-	-	-	-	-	-	-	-	-	-	-	275	
Total Revenues	$  2,668,700  $  198,061	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	198,061	

Revenues:

Charges for Services:		

		

				
Expenditures:				
General & Administrative:				

Supervisor Fees

$	-	$

600  $

-	$	-	$

-	$	-	$

-	$	-	$

-	$	-	$

-	$	-	$	-	$

600

PR-FICA	459	46	-	-	-	-	-	-	-	-	-	-	-	46	
Engineering	20,000	-	-	-	-	-	-	-	-	-	-	-	-	-	
Attorney	15,000	5,397	-	-	-	-	-	-	-	-	-	-	-	5,397	
Special Counsel	50,000	-	-	-	-	-	-	-	-	-	-	-	-	-	
Annual Audit	8,800	-	-	-	-	-	-	-	-	-	-	-	-	-	
Management Fees	46,746	3,896	-	-	-	-	-	-	-	-	-	-	-	3,896	
Information Technology	1,654	138	-	-	-	-	-	-	-	-	-	-	-	138	
Website Maintenance	1,103	92	-	-	-	-	-	-	-	-	-	-	-	92	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage & Delivery	2,500	100	-	-	-	-	-	-	-	-	-	-	-	100	
Insurance General Liability	51,899	4,085	-	-	-	-	-	-	-	-	-	-	-	4,085	
Printing & Binding	1,200	157	-	-	-	-	-	-	-	-	-	-	-	157	
Rentals & Leases	1,323	110	-	-	-	-	-	-	-	-	-	-	-	110	
Legal Advertising	2,000	125	-	-	-	-	-	-	-	-	-	-	-	125	
Other Current Charges	6,000	748	-	-	-	-	-	-	-	-	-	-	-	748	
Office Supplies	500	18	-	-	-	-	-	-	-	-	-	-	-	18	
Dues, Licenses & Subscriptions	175	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total General & Administrative	#REF!	$	15,686	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	15,686	
Plant and Field Operations & Maintenance
Salaries	$	
-	
$	8,700	
$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	8,700	
FICA	10,127	666	-	-	-	-	-	-	-	-	-	-	-	666	
Workers Comp Insurance	3,500	3,214	-	-	-	-	-	-	-	-	-	-	-	3,214	
Plant Management	240,000	-	-	-	-	-	-	-	-	-	-	-	-	
Consulting Services	151,360	3,000	-	-	-	-	-	-	-	-	-	-	-	3,000	
Telephone	13,360	1,146	-	-	-	-	-	-	-	-	-	-	-	1,146	
Answering Service	1,500	99	-	-	-	-	-	-	-	-	-	-	-	99	
Postage	19,200	-	-	-	-	-	-	-	-	-	-	-	-	-	
Electric	55,000	3,650	-	-	-	-	-	-	-	-	-	-	-	3,650	
Bulk Water/Sewer Purchase	1,050,000	90,034	-	-	-	-	-	-	-	-	-	-	-	90,034	
Repairs & Maintenance	60,000	250	-	-	-	-	-	-	-	-	-	-	-	250	
Lake Management	-	-	-	-	-	-	-	-	-	-	-	-	-	-	
Condo Expenses	6,100	1,122	-	-	-	-	-	-	-	-	-	-	-	1,122	
Office Supplies	1,000	82	-	-	-	-	-	-	-	-	-	-	-	82	
Operating Supplies	40,000	314	-	-	-	-	-	-	-	-	-	-	-	314	
Dues, Licenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	
Chemicals	35,000	-	-	-	-	-	-	-	-	-	-	-	-	-	
Capital Outlay	125,000	-	-	-	-	-	-	-	-	-	-	-	-	-	
Subtotal Plant and Field Operations & Mainte $	1,811,147	$  112,276	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	112,276	
Non-Operating Expenses				

Renewal & Replacement

$	-  $

-	$	-	$

-	$	-	$

-	$	-	$

-	$	-	$

-	$	-	$

-	$	-	$	-

Total Non-Operating Expenses	$	-  $	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
				
Total Expenditures	#REF!	$  127,962	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	127,962	
				
Net Change in Fund Balance	#REF!	$	70,099	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	70,099	
			Page 3	

Reserve
Community Development District Long Term Debt Report

	Series 2013, Utility Revenue Refunding Bonds		
Original Amount:	$2,735,000		
Interest Rate:	2.50%		
Maturity Date:	10/1/2028		
Reserve Fund Definition	(i) Max Annual Debt Service for Bonds Outstanding (1)		
	(ii) 125% of Average Debt Service for Bonds Outstanding		
	(iii) 10% of Original proceeds		
Reserve Fund Requirement			
Reserve Fund Balance			

Bonds Outstanding - 9/30/13		
$2,735,000	
Less: Principal Payment - 10/1/2013		($50,000)	
Less: Principal Payment - 10/1/2014		($150,000)	
Less: Principal Payment - 4/1/2015		($20,000)	
Less: Principal Payment - 10/1/2015		($150,000)	
Less: Principal Payment - 6/23/2016		($20,000)	
Less: Principal Payment - 10/1/2016		($155,000)	
Less: Principal Payment - 10/1/2017		($155,000)	
Less: Principal Payment - 5/1/2018		($20,000)	
Less: Principal Payment - 10/1/2018		($160,000)	
Less: Principal Payment - 10/1/2019		($165,000)	
Less: Principal Payment - 10/1/2020		($170,000)	
Less: Principal Payment - 10/1/2021		($170,000)	
Less: Principal Payment - 10/1/2022		($175,000)	
Less: Principal Payment - 10/1/2023		($1,155,000)	
Current Bonds Outstanding		$0	

(1) Amount reduced by 10% per year commencing October 1, 2014, not to be reduced to less than 50% of the Maximum Annual Debt Service Requirement of $110,081.60

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