Cedar Pointe Community Development District
12051 Corporate Boulevard, Orlando, FL 32817- 407-723-5900- FAX 407-723-5901 www.cedarpointecdd.com

The meeting of the Board of Supervisors of Cedar Pointe Community Development District will be held Friday, July 10, 2020 at 10:00 a.m. via conference call due to the COVID-19 Executive Orders 20-150. Attached to this Agenda is a copy of the Executive Orders 20-150. The following is the proposed agenda for this meeting.

Call in number: 1-844-621-3956 (New) Passcode: 790 562 990 # (New)
BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Call to Order
Roll Call
Public Comment Period[for any members of the public desiring to speak on any proposition before the Board]

Discussion regarding Executive Orders 20-150
Administer Oath of Office to Appointed Board of Supervisors Kelly McCarrick and Andy Hagan

General Business Matters

Consideration of Minutes of the April 10, 2020 Board of Supervisors’ Meeting
Public Hearing on the Adoption of the District’s Annual Budget
Public Comments and Testimony
Board Comments
Consideration of Resolution 2020-07, Adopting the Fiscal Year 2021 Budget and Appropriating Funds
Consideration of Resolution 2020-08, Levying O&M Assessments and Certifying an Assessment Roll
Consideration of Resolution 2020-10, Adopting the Annual Meeting Schedule for Fiscal Year 2020-2021
Consideration of Resolution 2020-11, Declaring Vacancies on the Board
Letter from the Supervisor of Elections - Duval County
Review & Consideration of PFM District Management Services Engagement Letter (under separate cover)
Review & Consideration of Agreement with VGlobal Tech for Website Maintenance Services (under separate cover)
Ratification of Payment Authorization 2019-44—2019-46
Review of District Financial Statements

Other Business
Staff Reports
District Counsel
District Engineer
District Manager- Review & Acceptance of Fiscal Year 2019 Audit Report
Audience Comments
Supervisors Requests

Adjournment

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Discussion regarding Executive Orders 20-150

STATE OF FLORIDA
OFFICE OF THE GOVERNOR EXECUTIVE ORDER NUMBER 20-150
(Emergency Management - COVID-19 - Local Government Public Meetings)

WHEREAS, Executive Order 20-69, as extended by Executive Order 20-112, Executive Order 20-123 and Executive Order 20-139, expires on June 30, 2020, unless extended.
NOW, THEREFORE, I, RON DESANTIS, as Governor of Florida, by virtue of the authority vested in me by Article IV, Section (])(a) of the Florida Constitution, Chapter 252, Florida Statutes, and all other applicable laws, promulgate the following Executive Order to take immediate effect:
Section 1. I hereby extend Executive Order 20-69, as extended by  Executive  Orders  20- 121, 20-123 and 20-139, until 12:01 a.m. on August l, 2020.

IN TESTIMONY WHEREOF, I have hereunto set my hand and caused the Great Seal of the State of Florida to be affixed, at Tallahassee, this 23rd day o	e, 2020.

ATTEST:

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Administer Oath of Office to Appointed Board of Supervisors Kelly McCarrick and Andy Hagan

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT
BOARD OF SUPERVISORS
OATH OF OFFICE

I,________  _  _ _   _   _   _, A CITIZEN OF THE STATE OF FLORIDA AND  OF  THE UNITED STATES OF AMERICA, AND BEING EMPLOYED BY OR AN OFFICER OF THE CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT AND A RECIPIENT OF PUBLIC FUNDS AS SUCH EMPLOYEE OR OFFICER, DO HEREBY SOLEMNLY SWEAR OR AFFIRM THAT I WILL SUPPORT THE CONSTITUTION OF THE UNITED STATES AND OF THE STATE OF FLORIDA.

_____________________________ _ _ __ Board Supervisor

ACKNOWLEDGMENT OF OATH BEING TAKEN

STATE OF FLORIDA COUNTY OF DUVAL

The  foregoing oath  was  administered  before me  this  ______ day   of  April,  2020, by
_________________________________, who personally appeared before me, and is personally known to me or has produced _	as identification, and is the person
described in and who took the aforementioned oath as a Member of the Board of Supervisors of the Cedar Pointe Community Development District and acknowledged to and before me that he/she took said oath for the purposes therein expressed.

(NOTARY SEAL)

_________________________________________ Notary Public, State of Florida

Print Name: ___________ 	_    _    _    _    _  _

Commission No.: ___________ Expires 	 	

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Consideration of Minutes of the April 10, 2020 Board of Supervisors’ Meeting

MINUTES OF MEETING

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES
Friday, April 10, 2020
10:00 a.m.
Via conference call due to the COVID-19 Executive Order 20-69.

Board Members present at roll call:

Kelly McCarrick	Chairperson	(via phone)	
James Stowers	Vice Chairperson	(via phone)	
Susan Calvo	Assistant Secretary	(via phone)	
Andy Hagan	Assistant Secretary	(via phone)	
Stacey Pyle	Assistant Secretary	(via phone)	

Also present were:

Vivian Carvalho	District Manager-PFM Group Consulting, LLC	(via phone)
Venessa Ripoll	Assistant District Manager- PFM Group Consulting, LLC (via phone)
Wes Haber	District Counsel- Hopping Green & Sams	(via phone) Mike Veazey	ICI Homes	(via phone)
Jennifer Glasgow	PFM Group Consulting, LLC	(via phone)

FIRST ORDER OF BUSINESS	Organizational Matters Call to Order and Roll

Ms. Carvalho call to order at 10:04 a.m. the meeting of the Board of Supervisors of the Cedar Pointe Community Development District and proceeded with roll call. Those in attendance are outlined above.

Public Comment Period

There were no members of the public present.

Discussion regarding Executive Orders 20-52 and 20-69

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This meeting is being done via video and teleconference in accordance with the Executive Orders 20-52 and 20-69 that Governor Desantis passed. In the agenda packet is a copy of the Executive Orders. The next time the Board meets in person there will be a resolution to ratify the action taken by the Board at the telephonic meetings.

Mr. Haber provided an overview of the Executive Orders.

Administer Oath of Office to Newly Appointed Board Member James Stowers

Mr. Stowers Oath of Office was administered prior to today’s meeting. Ms. Carvalho asked him if he wants to receive or waive compensation. He chose to waive compensation.

SECOND  ORDER OF BUSINESS
General Business
Matters
Consideration of Minutes of the January 10, 2020 Board of Supervisors Meeting

The Board reviewed the Minutes of the January 10, 2020 Board of Supervisors Meeting.

On MOTION by Ms. McCarrick, seconded by Mr. Stowers, with all those in favor, the Board approved Minutes of the January 10, 2020 Board of Supervisors Meeting.

Consideration of Resolution 2020- 04, Designating Board Member Seats for the Upcoming General Election.

Ms. Carvalho noted this District has a General Election approaching. Resolution 2020-04 outlines all the seats and the terms. Seat 1 which is held by Ms. McCarrick and Seat 2 which is held by Mr. Stowers are up for the General Election. She asked for a motion to approve the resolution as presented and instructing the Supervisor of Elections to proceed with including those two seats in the General Election ballot.

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Ms. McCarrick wished to continue on until 2022 as the Landowner Representative and asked if it would be advisable to take Mr. Hagan’s seat and he be the one who goes on the ballot. Mr. Haber stated if the Board wanted to do that the process is to have Ms. McCarrick and Mr. Hagan to resign then the Board would need to appoint Mr. Hagan to fill Ms. McCarrick’s seat and Ms. McCarrick to fill Mr. Hagan’s seat. Mr. Haber recommended waiting until the end of the meeting to work through that because the District will have issues with obtaining quorum. Mr. Haber suggested the Board approve Resolution 2020- 04, subject to any changes that may arrive due to individuals in the seat s. Giving the District Manager the flexibility to make the change contemplated for the end of the meeting.

On MOTION by Ms. Pyle, seconded by Ms. Calvo, with all those in favor, the Board approved Resolution 2020-04, Designating Board Member Seats for the Upcoming General Election, subject to changes that may arise due to individuals in the seats.

Review of Revised Rules of Procedure Per Statute Changes

Mr. Haber recommended the District table this item. Mr. Haber noted the document in the Agenda Package is an updated version of the Rules of Procedure. His firm monitors the Legislative changes and to the extent the changes are approved he makes the changes and submit them Statewide. None will significantly impact the day to day operations of the District.

Consideration of Resolution 2020- 01, Setting Public Hearing for Revised Rules of Procedure

Mr. Haber recommended the Board review the Revised Rules of Procedure and include this resolution on an agenda when the District has a better idea of when they will be back to in-person meetings.

On MOTION by Ms. McCarrick, seconded by Ms. Calvo, with all those in favor, the Board tabled Resolution 2020-01 for a future in-person meeting.

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Consideration of Resolution 2020- 02, Adopting an Internal Controls Policy Consistent with Section 218.33

Mr. Haber reviewed the Resolution. This was prepared by District Counsel’s office due to a change in the law that required units of government including the CDDs to establish and maintain internal controls to prevent and detect fraud, waste, and abuse. The District already followed certain procedures that the District Manager had in place. District Counsel reached out to District Auditors and District Management to prepare these policies which are going to be on record in the District’s files to show the District has complied with the Statute in adopting the policies. Both Auditors and District Management believe the policies are appropriate and reasonable to maintain. Ms. Carvalho requested  a motion to approve as presented.

On MOTION by Ms. Pyle, seconded by Ms. Calvo, with all those in favor, the Board approved Resolution 2020-02, Adopting an Internal Controls Policy Consistent with Section 218.33.

Consideration of Resolution 2020- 03, Approving Preliminary Budget for Fiscal Year 2021 and Setting a Public Hearing Date

District staff suggested July 10, 2020 as the public hearing date. Ms. Glasgow is on the line to review the Budget for the Board. Ms. Glasgow indicated the budget is under the cap amount which is $288.32 per unit. The proposed budget has it at $265.41 per unit. Which is an increase from $236.72 per unit. It is a proposed increase per unit of $28.69.

The Supervisor fee was increased to include 4 Board of Supervisors and 4 meetings per year. The District management fees increased from $15,000.00 to $20,000.00. The Audit fees were reduced slightly because the contract allowed for that. The Contingency was increased from$800.00 to $9,250.00. Therewas another Current Charges line itemwhich she removed but she increased the contingency and consolidated the miscellaneous line items. Landscape Improvements was increased from $6,500.00 to $8,100.00.

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On MOTION by Ms. Pyle, seconded by Ms. Calvo, with all those in favor, the Board approved Resolution 2020-03, Approving Preliminary Budget for Fiscal Year 2021 with a net revenues of $103,537.00 and a gross per unit assessment of $265.41 and Setting July 10, 2020 at the location of ICI as the Public Hearing Date, in substantial form adding language that the hearing may be conducted remotely pursuant to Executive Orders as they may be extended. In the event conditions allow, to be held in person.

Consideration of Resolution 2020- 05, Election of Officers

The slate of Officers are as follows; Ms. McCarrick as Chair, Mr. Hagan as Vice-Chair, and the remaining Board as Assistant Secretaries along with Venessa Ripoll as an additional Assistant Secretary, Jennifer Glasgow as Treasurer and Amanda Lane as Assistant Treasurer. The Board wished to keep the slate the same.

On MOTION by Ms. McCarrick, seconded by Ms. Pyle, with all those in favor, the Board approved Resolution 2020-05, Election of Officers as presented.

Consideration of Resolution 2020- 06, Canvassing and Certifying the Landowner Election Results

Ms. Carvalho explained in passing this resolution is to confirm the election that occurred for the landowner seat for Mr. Hagan and the term to expire in 2022.

On MOTION by Ms. Pyle, seconded by Ms. McCarrick, with all those in favor, the Board approved Resolution 2020-06, Canvassing and Certifying the Landowner Election Results.

Ratification of Payment Authorizations 2019-36 - 2019-39

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The Board reviewed the Payment Authorizations 2019-36 - 2019-39.

On MOTION by Ms. Calvo, seconded by Ms. Pyle, with all those in favor, the Board ratified Payment Authorizations 2019-36 - 2019-39.

Review of District Financial Statements

The Board reviewed the District Financial Statements through March 31, 2020. There was no action required by the Board.

SECOND ORDER OF BUSINESS	Other Business Staff Reports
District Counsel – No Report

District Engineer – Not Present

District Manager – The next meeting is scheduled for July 10, 2020 at 10:00 a.m. The public hearing for the final adoption of the budget will take place at that meeting.

THIRD ORDER OF BUSINESS	Audience Comments and Supervisors Requests

Mr. Hagan and Ms. McCarrick indicated that they would like to resign from the Board effective immediately. Ms. Carvalho requested a motion from the Board to appoint Ms. McCarrick to Seat 4.

On MOTION by Ms. Pyle, seconded by Mr. Stowers, with all those in favor, the Board appointed Ms. McCarrick to Seat 4.

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Ms. Carvalho requested a motion from the Board to appoint Mr. Hagan to Seat 1.

On MOTION by Mr. Stowers, seconded by Ms. Pyle, with all those in favor, the Board appointed Mr. Hagan to Seat 1.

Ms. Carvalho will administer the oath of office to Ms. McCarrick and Mr. Hagan prior to the next Board of Supervisors Meeting.

FOURTH ORDER OF BUSINESS	Adjournment

There were no additional items to discuss. Ms. Carvalho requested a motion to adjourn.

On MOTION by Ms. Pyle, seconded by Ms. Calvo, with all those in favor, the April 10, 2020 Board of Supervisors Meeting of the Cedar Pointe Community Development District was adjourned at 10:32 a.m.

__________________________	___________________________
Secretary/Assistant Secretary	Chairperson/Vice Chairperson

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CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Consideration of Resolution 2020-07, Adopting the Fiscal Year 2021 Budget and
Appropriating Funds

RESOLUTION 2020-07

THE ANNUAL APPROPRIATION RESOLUTION OF THE CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGETS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2020, AND ENDING SEPTEMBER 30, 2021; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15 th) day in June, 2020, submitted to the Board of Supervisors (“Board”) of the Cedar Pointe Community Development District (“District”) proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2020 and ending September 30, 2021 (“Fiscal Year 2020/2021”) alongwith an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, the District Manager posted the Proposed Budget on the District’s website at least two days before the public hearing; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuingfiscalyear and appropriate such sums of money as the Board deems necessaryto defray all expenditures of the District during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

NOW,	THEREFORE,	BE	IT	RESOLVED	BY	THE	BOARD	OF	
SUPERVISORS	OF	THE	CEDAR	POINTE	COMMUNITY	
DEVELOPMENT DISTRICT:				

SECTION 1. BUDGET

The Board has reviewed the Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s Local Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

The Proposed Budget, attached hereto as Exhibit “A,” as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revisedas deemednecessaryby the District Manager to reflect actual revenues and expenditures.

The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Cedar Pointe Community Development District for the Fiscal Year Ending September 30, 2021.”

The Adopted Budget shall be posted by the District Manager on the District’s official website within thirty (30) days after adoption, and shall remain on the website for at least 2 years.

SECTION 2. APPROPRIATIONS

There is hereby appropriatedoutof the revenues of the District, for Fiscal Year 2020/2021, the sum of $ 	to be raised by the levy of assessments and/or otherwise, which
sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$__________________

DEBT SERVICE FUND - (SERIES 2005A)	$__________________

TOTAL ALL FUNDS	$__________________

SECTION 3. BUDGET AMENDMENTS

Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2020/2021 or within 60 days following the end of the Fiscal Year 2020/2021 may amend its Adopted Budget for that fiscal year as follows:

The Board may authorize an increase or decrease in line item appropriations within a fund by motion recorded in the minutes if the total appropriations of the fund do not increase.

The District Manager or Treasurer may authorize an increase or decrease in line item appropriations within a fund if the total appropriations of the fund do not increase and if the aggregate change in the original appropriation item does not exceed $10,000 or 10% of the original appropriation.

By resolution, the Board may increase any appropriation item and/or fund to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

Any other budget amendments shall be adopted by resolution and consistent with Florida law.

The District Manager or Treasurer must establish administrative procedures to ensure that any budget amendments are in compliance with this Section 3 and Section 189. 016, Florida Statutes, amongother applicable laws. Amongother procedures, the District Manager or Treasurer must ensure that any amendments to budget under subparagraphs c. and d. above are posted on the District’s website within 5 days after adoption and remain on the website for at least 2 years.

SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 10th DAY OF JULY, 2020.

ATTEST:	CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

By:

Secretary/Assistant Secretary

Its:

Exhibit A: Fiscal Year 2020/2021 Budget

EXHIBIT A
Cedar Pointe Community Development District
Proposed Fiscal Year 2021 Annual Operations & Maintenance Budget

	Actual Through	Anticipated July -	Anticipated FY	FY 2020 Adopted	FY 2021	
	06/30/2020	Sept.	2020 Total	Budget	Proposed	
					Budget	

Revenues						
Maintenance	$	72,868.29	$	10,556.71	$	83,425.00	$	83,425.00	$	83,425.00	
Carry Forward	0.00	0.00	0.00	10,000.00	10,000.00	
Surplus						
Net Revenues	$	72,868.29	$	10,556.71	$	83,425.00	$	93,425.00	$	93,425.00	

Expenditures						
Supervisor Fees	$	800.00	$	800.00	$	1,600.00	$	1,600.00	$	3,200.00	
Public Official	2,693.00	0.00	2,693.00	2,950.00	2,962.00	
Trustee Services	3,717.38	0.00	3,717.38	3,750.00	3,750.00	
District	11,250.00	8,750.00	20,000.00	15,000.00	20,000.00	
Engineering Fees	0.00	0.00	0.00	2,000.00	0.00	
Dissemination	5,000.00	3,750.00	8,750.00	5,000.00	5,000.00	
District Counsel	3,907.67	2,759.00	6,666.67	3,100.00	3,100.00	
Assessment	5,000.00	0.00	5,000.00	5,000.00	5,000.00	
Reamortization	0.00	250.00	250.00	250.00	250.00	
Audit Fees	2,000.00	3,300.00	5,300.00	5,600.00	4,000.00	
Arbitrage	500.00	500.00	1,000.00	1,000.00	1,000.00	
Postage	33.40	60.00	93.40	150.00	0.00	
Legal Advertising	444.73	850.00	1,294.73	1,000.00	1,000.00	
Office Misc (Phone	0.00	335.00	335.00	350.00	350.00	
Contingency	1,709.81	1,000.00	2,709.81	800.00	9,638.00	
(Repairs /						
Maintenance /						
Website	1,200.00	1,900.00	3,100.00	2,400.00	2,400.00	
Dues, Licenses &	175.00	0.00	175.00	175.00	175.00	
Electric	0.00	0.00	0.00	750.00	750.00	
Maintenance of	0.00	0.00	0.00	1,000.00	1,000.00	
General Insurance	3,500.00	0.00	3,500.00	3,800.00	3,850.00	
Irrigation Repairs &	0.00	0.00	0.00	2,000.00	0.00	
Lake Maintenance	10,608.00	9,282.00	19,890.00	16,000.00	16,000.00	
Landscape	4,900.00	0.00	4,900.00	10,000.00	10,000.00	
Landscape	0.00	0.00	0.00	6,500.00	0.00	
Other Current Charg	2,963.81	0.00	2,963.81	3,250.00	0.00	
Operation &	$	60,402.80	$	33,536.00	$	93,938.80	$	93,425.00	$	93,425.00	
Maintenance						
		Units	381			

Net Assessment	$	218.96	$	218.96	
Gross Assessment	$	236.72	$	236.72	

Cedar Pointe CDD Proposed Debt Service Fund Budget

Excess Revenues / (Expenditures)

$107,231

Series 2005A Special Assessment Bonds FY 2021

"Exhibit B"	
Proposed FY 2020	
	Budget	

Revenues:		
Special Assessments	$516,638	
Total Revenues	$516,638	

Expenditures:		
Series 2005A - Interest 11/1/20	$112,203	
Series 2005A - Interest 5/1/21	$185,000	
Series 2005A - Principal 5/1/21	$112,203	
Total Expenditures	$409,406	

11/1/21 Interest Series 2005A	$107,231

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Consideration of Resolution 2020-08, Levying O&M Assessments and Certifying an Assessment Roll

RESOLUTION 2020-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2020/2021; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Cedar Pointe Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and

WHEREAS, the District is located in Duval County, Florida (“County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors (“Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the fiscal year beginning October 1, 2020 and ending September 30, 2021 (“Fiscal Year 2020/2021”), attached hereto as Exhibit “A;” and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the Adopted Budget; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and

WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and

WHEREAS, it is in the best interests of the District to proceed with the imposition of the specialassessments for operations andmaintenance in the amountsetforth in the Adopted Budget; and

WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2020/2021; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuantto which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and

WHEREAS, it is in the best interests of the District to adopt the assessment roll (“Assessment Roll”) attached to this Resolution as Exhibit “B,” and to certify the portion of the Assessment Roll related to certain developed property (“Tax Roll Property”) to the County Tax Collector pursuant to the Uniform Method and to directly collect the portion of the Assessment Roll relating to the remaining property (“Direct Collect Property”), all as set forth in Exhibit “B;” and

WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll adopted herein, including that portion certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BENEFIT & ALLOCATION FINDINGS. The provision of the services, facilities, and operations as described in Exhibit “A” confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibits “A” and “B,” and is hereby found to be fair and reasonable.

SECTION 2. ASSESSMENT IMPOSITION. Pursuant to Chapter 190, Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special assessments, a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District and in accordance with Exhibits “A” and “B.” The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution.

SECTION 3. COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST.

Tax Roll Assessments. The operations and maintenance special assessments and previously levied debt service special assessments imposed on the Tax Roll Property shall be collected at the same time and in the same manner as County taxes in accordance with the Uniform Method, as set forth in Exhibits “A” and “B.”

Direct Bill Assessments. The operations and maintenance special assessments and previously levied debt service special assessments imposed on the Direct Collect Property shall be collected directly by the District in accordance with Florida law, as set forth in Exhibits “A” and “B.” Operations and maintenance assessments directly

collected by the District are due according to the following schedule: 25% due no later than October 15, 2020, 25% due no later than January 15, 2021, 25% due no later than
April 15, 2021 and 25% due no later than July 15, 2021. Debt service assessments directly  collected  by  the  District   are  due  according  to  the  following schedule:
$____________ due no later than April 15, 2021, and $______ 	_ due no later
than October 15, 2021. In the event that an assessment payment is not made in accordance with the schedule stated above, the whole assessment – including any remaining partial, deferred payments for Fiscal Year 2020/2021, shall immediately become due and payable; shall accrue interest, penalties in the amount of one percent (1%) per month, and all costs of collection and enforcement; and shall either be enforced pursuant to a foreclosure action, or, at the District’s sole discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Any prejudgment interest on delinquent assessments shall accrue at the rate of any bonds secured by the assessments, or at the statutory prejudgment interest rate, as applicable. In the event an assessmentsubject to direct collection by the District shallbe delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings pursuant to Chapter 170, Florida Statutes, or other applicable law to collect and enforce the whole assessment, as set forth herein.

Future Collection Methods. The decision to collect special assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

SECTION 4. ASSESSMENT ROLL. The Assessment Roll, attached to this Resolution as Exhibit “B,” is hereby certified for collection. Thatportion of the Assessment Rollwhich includes the Tax Roll Property is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to the District.

SECTION 5. ASSESSMENT ROLL AMENDMENT. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution, and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records.

SECTION 6. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolutionshallnotaffectthe validity or enforceability of the remainingportions of this Resolution, or any part thereof.

SECTION 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.

PASSED AND ADOPTED this 10th day of July, 2020.

ATTEST:	CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

_____________________________	By: Secretary / Assistant Secretary
Its:

Exhibit A:	Budget
Exhibit B:	Assessment Roll (Uniform Method) Assessment Roll (Direct Collect)

EXHIBIT A
Cedar Pointe Community Development District
Proposed Fiscal Year 2021 Annual Operations & Maintenance Budget

	Actual Through	Anticipated July -	Anticipated FY	FY 2020 Adopted	FY 2021	
	06/30/2020	Sept.	2020 Total	Budget	Proposed	
					Budget	

Revenues						
Maintenance	$	72,868.29	$	10,556.71	$	83,425.00	$	83,425.00	$	83,425.00	
Carry Forward	0.00	0.00	0.00	10,000.00	10,000.00	
Surplus						
Net Revenues	$	72,868.29	$	10,556.71	$	83,425.00	$	93,425.00	$	93,425.00	

Expenditures						
Supervisor Fees	$	800.00	$	800.00	$	1,600.00	$	1,600.00	$	3,200.00	
Public Official	2,693.00	0.00	2,693.00	2,950.00	2,962.00	
Trustee Services	3,717.38	0.00	3,717.38	3,750.00	3,750.00	
District	11,250.00	8,750.00	20,000.00	15,000.00	20,000.00	
Engineering Fees	0.00	0.00	0.00	2,000.00	0.00	
Dissemination	5,000.00	3,750.00	8,750.00	5,000.00	5,000.00	
District Counsel	3,907.67	2,759.00	6,666.67	3,100.00	3,100.00	
Assessment	5,000.00	0.00	5,000.00	5,000.00	5,000.00	
Reamortization	0.00	250.00	250.00	250.00	250.00	
Audit Fees	2,000.00	3,300.00	5,300.00	5,600.00	4,000.00	
Arbitrage	500.00	500.00	1,000.00	1,000.00	1,000.00	
Postage	33.40	60.00	93.40	150.00	0.00	
Legal Advertising	444.73	850.00	1,294.73	1,000.00	1,000.00	
Office Misc (Phone	0.00	335.00	335.00	350.00	350.00	
Contingency	1,709.81	1,000.00	2,709.81	800.00	9,638.00	
(Repairs /						
Maintenance /						
Website	1,200.00	1,900.00	3,100.00	2,400.00	2,400.00	
Dues, Licenses &	175.00	0.00	175.00	175.00	175.00	
Electric	0.00	0.00	0.00	750.00	750.00	
Maintenance of	0.00	0.00	0.00	1,000.00	1,000.00	
General Insurance	3,500.00	0.00	3,500.00	3,800.00	3,850.00	
Irrigation Repairs &	0.00	0.00	0.00	2,000.00	0.00	
Lake Maintenance	10,608.00	9,282.00	19,890.00	16,000.00	16,000.00	
Landscape	4,900.00	0.00	4,900.00	10,000.00	10,000.00	
Landscape	0.00	0.00	0.00	6,500.00	0.00	
Other Current Charg	2,963.81	0.00	2,963.81	3,250.00	0.00	
Operation &	$	60,402.80	$	33,536.00	$	93,938.80	$	93,425.00	$	93,425.00	
Maintenance						
		Units	381			

Net Assessment	$	218.96	$	218.96	
Gross Assessment	$	236.72	$	236.72	

Cedar Pointe CDD Proposed Debt Service Fund Budget

Excess Revenues / (Expenditures)

$107,231

Series 2005A Special Assessment Bonds FY 2021

"Exhibit B"	
Proposed FY 2020	
	Budget	

Revenues:		
Special Assessments	$516,638	
Total Revenues	$516,638	

Expenditures:		
Series 2005A - Interest 11/1/20	$112,203	
Series 2005A - Interest 5/1/21	$185,000	
Series 2005A - Principal 5/1/21	$112,203	
Total Expenditures	$409,406	

11/1/21 Interest Series 2005A	$107,231

Gross DS Assessment	Gross O&M Assessment	Parcel ID from LB Gross DS Assessment

$	-			R-159844-0000	-	
$	-			R-159934-0150	-	
$	-			R-159936-0000	-	
$	-			R-159936-0025	-	
$	-			R-159936-0050	-	
$	-			R-159942-2010	-	
$	-			R-159942-2050	-	
$	-			R-159942-2060	-	
$	-			R-159942-2070	-	
$	-			R-159942-2080	-	
$	-			R-159942-2090	-	
$	-	$	-	R-159942-2100	-	
$	-	$	-	R-159942-2110	-	
$	-	$	-	R-159942-2120	-	
$	-	$	-	R-159942-2130	-	
$	1,165.35	$	236.72	R-159942-2140	-	
$	1,165.35	$	236.72	R-159942-2145	1,165.35	
$	1,165.35	$	236.72	R-159942-2150	1,165.35	
$	1,165.35	$	236.72	R-159942-2155	1,165.35	
$	1,165.35	$	236.72	R-159942-2160	1,165.35	
$	1,165.35	$	236.72	R-159942-2165	1,165.35	
$	1,165.35	$	236.72	R-159942-2170	1,165.35	
$	1,165.35	$	236.72	R-159942-2175	1,165.35	
$	1,165.35	$	236.72	R-159942-2180	1,165.35	
$	1,165.35	$	236.72	R-159942-2185	1,165.35	
$	1,165.35	$	236.72	R-159942-2190	1,165.35	
$	1,165.35	$	236.72	R-159942-2195	1,165.35	
$	1,165.35	$	236.72	R-159942-2200	1,165.35	
$	1,165.35	$	236.72	R-159942-2205	1,165.35	
$	1,165.35	$	236.72	R-159942-2210	1,165.35	
$	1,165.35	$	236.72	R-159942-2215	1,165.35	
$	1,165.35	$	236.72	R-159942-2220	1,165.35	
$	1,165.35	$	236.72	R-159942-2225	1,165.35	
$	1,165.35	$	236.72	R-159942-2230	1,165.35	
$	1,165.35	$	236.72	R-159942-2235	1,165.35	
$	1,165.35	$	236.72	R-159942-2240	1,165.35	
$	1,165.35	$	236.72	R-159942-2245	1,165.35	
$	1,165.35	$	236.72	R-159942-2250	1,165.35	
$	1,165.35	$	236.72	R-159942-2255	1,165.35	
$	1,165.35	$	236.72	R-159942-2260	1,165.35	
$	1,165.35	$	236.72	R-159942-2265	1,165.35	
$	1,165.35	$	236.72	R-159942-2270	1,165.35	
$	1,165.35	$	236.72	R-159942-2275	1,165.35	
$	1,165.35	$	236.72	R-159942-2280	1,165.35	
$	1,165.35	$	236.72	R-159942-2285	1,165.35	
$	1,165.35	$	236.72	R-159942-2290	1,165.35	

$	1,165.35	$	236.72	R-159942-2295	1,165.35	
$	1,165.35	$	236.72	R-159942-2300	1,165.35	
$	1,165.35	$	236.72	R-159942-2305	1,165.35	
$	1,165.35	$	236.72	R-159942-2310	1,165.35	
$	1,165.35	$	236.72	R-159942-2315	1,165.35	
$	1,165.35	$	236.72	R-159942-2320	1,165.35	
$	1,165.35	$	236.72	R-159942-2326	1,165.35	
$	1,165.35	$	236.72	R-159942-2332	1,165.35	
$	1,165.35	$	236.72	R-159942-2335	1,165.35	
$	1,165.35	$	236.72	R-159942-2340	1,165.35	
$	1,165.35	$	236.72	R-159942-2345	1,165.35	
$	1,165.35	$	236.72	R-159942-2350	1,165.35	
$	1,165.35	$	236.72	R-159942-2355	1,165.35	
$	1,165.35	$	236.72	R-159942-2360	1,165.35	
$	1,165.35	$	236.72	R-159942-2365	1,165.35	
$	1,165.35	$	236.72	R-159942-2370	1,165.35	
$	1,165.35	$	236.72	R-159942-2375	1,165.35	
$	1,165.35	$	236.72	R-159942-2380	1,165.35	
$	1,165.35	$	236.72	R-159942-2385	1,165.35	
$	1,165.35	$	236.72	R-159942-2390	1,165.35	
$	1,165.35	$	236.72	R-159942-2395	1,165.35	
$	1,165.35	$	236.72	R-159942-2400	1,165.35	
$	1,165.35	$	236.72	R-159942-2405	1,165.35	
$	1,165.35	$	236.72	R-159942-2410	1,165.35	
$	1,165.35	$	236.72	R-159942-2415	1,165.35	
$	1,165.35	$	236.72	R-159942-2420	1,165.35	
$	1,165.35	$	236.72	R-159942-2425	1,165.35	
$	1,165.35	$	236.72	R-159942-2430	1,165.35	
$	1,165.35	$	236.72	R-159942-2435	1,165.35	
$	1,165.35	$	236.72	R-159942-2440	1,165.35	
$	1,165.35	$	236.72	R-159942-2445	1,165.35	
$	1,165.35	$	236.72	R-159942-2450	1,165.35	
$	-	$	236.72	R-159942-2455	1,165.35	
$	1,165.35	$	236.72	R-159942-2460	-	
$	1,165.35	$	236.72	R-159942-2465	1,165.35	
$	1,165.35	$	236.72	R-159942-2470	1,165.35	
$	1,165.35	$	236.72	R-159942-2475	1,165.35	
$	1,165.35	$	236.72	R-159942-2480	1,165.35	
$	1,165.35	$	236.72	R-159942-2800	1,165.35	
$	1,165.35	$	236.72	R-159942-2805	1,165.35	
$	1,165.35	$	236.72	R-159942-2810	1,165.35	
$	1,165.35	$	236.72	R-159942-2501	1,165.35	
$	1,165.35	$	236.72	R-159942-2815	1,165.35	
$	1,165.35	$	236.72	R-159942-2510	1,165.35	
$	1,165.35	$	236.72	R-159942-2514	1,165.35	
$	1,165.35	$	236.72	R-159942-2520	1,165.35	
$	1,165.35	$	236.72	R-159942-2525	1,165.35	

$	1,165.35	$	236.72	R-159942-2820	1,165.35	
$	1,165.35	$	236.72	R-159942-2825	1,165.35	
$	1,165.35	$	236.72	R-159942-2830	1,165.35	
$	1,165.35	$	236.72	R-159942-2835	1,165.35	
$	1,165.35	$	236.72	R-159942-2840	1,165.35	
$	1,165.35	$	236.72	R-159942-2845	1,165.35	
$	1,165.35	$	236.72	R-159942-2560	1,165.35	
$	1,165.35	$	236.72	R-159942-2565	1,165.35	
$	1,165.35	$	236.72	R-159942-2850	1,165.35	
$	1,165.35	$	236.72	R-159942-2855	1,165.35	
$	1,165.35	$	236.72	R-159942-2581	1,165.35	
$	1,165.35	$	236.72	R-159942-2860	1,165.35	
$	1,165.35	$	236.72	R-159942-2865	1,165.35	
$	1,165.35	$	236.72	R-159942-2870	1,165.35	
$	1,165.35	$	236.72	R-159942-2875	1,165.35	
$	1,165.35	$	236.72	R-159942-2880	1,165.35	
$	1,165.35	$	236.72	R-159942-2885	1,165.35	
$	1,165.35	$	236.72	R-159942-2615	1,165.35	
$	1,165.35	$	236.72	R-159942-2620	1,165.35	
$	1,165.35	$	236.72	R-159942-2625	1,165.35	
$	1,165.35	$	236.72	R-159942-2630	1,165.35	
$	1,165.35	$	236.72	R-159942-2635	1,165.35	
$	1,165.35	$	236.72	R-159942-2640	1,165.35	
$	1,165.35	$	236.72	R-159942-2645	1,165.35	
$	1,165.35	$	236.72	R-159942-2650	1,165.35	
$	1,165.35	$	236.72	R-159942-2655	1,165.35	
$	1,165.35	$	236.72	R-159942-2660	1,165.35	
$	1,165.35	$	236.72	R-159942-2665	1,165.35	
$	1,165.35	$	236.72	R-159942-2670	1,165.35	
$	1,165.35	$	236.72	R-159942-2675	1,165.35	
$	1,165.35	$	236.72	R-159942-2680	1,165.35	
$	-	$	-	R-159942-2685	1,165.35	
$	1,165.35	$	236.72	R-159942-2690	1,165.35	
$	1,165.35	$	236.72	R-159942-2695	1,165.35	
$	1,165.35	$	236.72	R-159942-2700	1,165.35	
$	1,165.35	$	236.72	R-159942-2705	1,165.35	
$	1,165.35	$	236.72	R-159942-2710	1,165.35	
$	1,165.35	$	236.72	R-159942-2715	1,165.35	
$	1,165.35	$	236.72	R-159942-2720	1,165.35	
$	1,165.35	$	236.72	R-159942-2725	1,165.35	
$	1,165.35	$	236.72	R-159942-2730	1,165.35	
$	1,165.35	$	236.72	R-159942-2735	1,165.35	
$	1,165.35	$	236.72	R-159942-2740	1,165.35	
$	1,165.35	$	236.72	R-159942-2745	1,165.35	
$	1,165.35	$	236.72	R-159942-2750	1,165.35	
$	1,165.35	$	236.72	R-159942-2755	1,165.35	
$	1,165.35	$	236.72	R-159942-2760	1,165.35	

$	1,165.35	$	236.72	R-159942-2765	1,165.35	
$	1,165.35	$	236.72	R-159942-2770	1,165.35	
$	1,165.35	$	236.72	R-159942-2775	1,165.35	
$	1,165.35	$	236.72	R-159942-2787	1,165.35	
$	-	$	-	R-159942-4020	1,165.35	
$	-	$	-	R-159942-4025	1,165.35	
$	1,165.35	$	236.72	R-159942-4030	1,165.35	
$	1,165.35	$	236.72	R-159942-4035	1,165.35	
$	1,165.35	$	236.72	R-159942-4040	1,165.35	
$	1,165.35	$	236.72	R-159942-4045	1,165.35	
$	1,165.35	$	236.72	R-159942-4050	1,165.35	
$	1,165.35	$	236.72	R-159942-4055	1,165.35	
$	1,165.35	$	236.72	R-159942-4060	1,165.35	
$	1,165.35	$	236.72	R-159942-4065	1,165.35	
$	1,165.35	$	236.72	R-159942-4070	1,165.35	
$	1,165.35	$	236.72	R-159942-4075	1,165.35	
$	1,165.35	$	236.72	R-159942-4080	1,165.35	
$	1,165.35	$	236.72	R-159942-4085	1,165.35	
$	1,165.35	$	236.72	R-159942-4090	1,165.35	
$	1,165.35	$	236.72	R-159942-4095	1,165.35	
$	1,165.35	$	236.72	R-159942-4100	1,165.35	
$	1,165.35	$	236.72	R-159942-4105	1,165.35	
$	1,165.35	$	236.72	R-159942-4110	1,165.35	
$	1,165.35	$	236.72	R-159942-4115	1,165.35	
$	1,165.35	$	236.72	R-159942-4120	1,165.35	
$	1,165.35	$	236.72	R-159942-4125	1,165.35	
$	1,165.35	$	236.72	R-159942-4130	1,165.35	
$	1,165.35	$	236.72	R-159942-4135	1,165.35	
$	1,165.35	$	236.72	R-159942-4140	1,165.35	
$	1,165.35	$	236.72	R-159942-4145	1,165.35	
$	1,165.35	$	236.72	R-159942-4150	1,165.35	
$	1,165.35	$	236.72	R-159942-4155	1,165.35	
$	1,165.35	$	236.72	R-159942-4160	1,165.35	
$	1,165.35	$	236.72	R-159942-4165	1,165.35	
$	1,165.35	$	236.72	R-159942-4170	1,165.35	
$	1,165.35	$	236.72	R-159942-4210	1,165.35	
$	1,165.35	$	236.72	R-159942-4215	1,165.35	
$	-	$	-	R-159942-4220	1,165.35	
$	-	$	-	R-159942-4225	1,165.35	
$	1,165.35	$	236.72	R-159942-4230	1,165.35	
$	1,165.35	$	236.72	R-159942-4235	1,165.35	
$	1,165.35	$	236.72	R-159942-4240	1,165.35	
$	1,165.35	$	236.72	R-159942-4245	1,165.35	
$	1,165.35	$	236.72	R-159942-4250	1,165.35	
$	1,165.35	$	236.72	R-159942-4255	1,165.35	
$	1,165.35	$	236.72	R-159942-4260	1,165.35	
$	1,165.35	$	236.72	R-159942-4265	1,165.35	

$	1,165.35	$	236.72	R-159942-4270	1,165.35	
$	1,165.35	$	236.72	R-159942-4275	1,165.35	
$	1,165.35	$	236.72	R-159942-4280	1,165.35	
$	1,165.35	$	236.72	R-159942-4285	1,165.35	
$	1,165.35	$	236.72	R-159942-4290	1,165.35	
$	1,165.35	$	236.72	R-159942-4295	1,165.35	
$	1,165.35	$	236.72	R-159942-4300	1,165.35	
$	1,165.35	$	236.72	R-159942-4305	1,165.35	
$	1,165.35	$	236.72	R-159942-4310	1,165.35	
$	1,165.35	$	236.72	R-159942-4315	1,165.35	
$	1,165.35	$	236.72	R-159942-4320	1,165.35	
$	1,165.35	$	236.72	R-159942-4325	1,165.35	
$	1,165.35	$	236.72	R-159942-4330	1,165.35	
$	1,165.35	$	236.72	R-159942-4335	1,165.35	
$	1,165.35	$	236.72	R-159942-4340
	1,165.35	
$	1,165.35	$	236.72			
$	1,165.35	$	236.72			
$	1,165.35	$	236.72			
$	1,165.35	$	236.72			
$	215,590.55	$	44,029.92			
$	15,630.31	$	3,302.24			
$	199,960.24	$	40,727.68			
$	204,473.76	$	42,697.20			
$	404,434.00	$	83,424.88			
$	404,434.00	$	83,425.00			
$	-	$	(0.12)			

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Consideration of Resolution 2020-10, Adopting the Annual Meeting Schedule for Fiscal Year 2020-2021.

RESOLUTION 2020-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2020-2021

WHEREAS, the Cedar Pointe Community Development District (the "District") is a local unit of special-purpose government organized and existing in accordance with Chapter 2004-423, Laws of Florida; and

WHEREAS, the District is required by Florida law to prepare an annual schedule of its regular public meetings which designates the date, time and location of the District’s meetings; and

WHEREAS, the Board has proposed the Fiscal Year 2020-2021 annual meeting schedule as attached in Exhibit A;

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF THE CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

The Fiscal Year 2020-2021 annual public meeting schedule attached hereto and incorporated by reference herein as Exhibit A is hereby approved and will be published in accordance with the requirements of Florida law.

This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS	DAY OF JULY, 2020.

ATTEST:	CEDAR POINTE COMMUNITY DEVELOP	MENT DISTRICT

____________________________

Secretary/Assistant Secretary	Chairman/Vice Chairman

EXHIBIT “A”

BOARD OF SUPERVISORS MEETING DATES CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT
FISCAL YEAR 2020-2021

Friday, October 9, 2020
Friday, January 8, 2021
Friday, April 9, 2021
Friday, July 9, 2021

All meetings will convene at the offices of ICI Homes 14785 Old St. Augustine Rd, Suite 3, Jacksonville, FL 32258, at 10:00 a.m.

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Consideration of Resolution 2020-11, Declaring Vacancies on the Board

RESOLUTION 2020-11

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT DECLARING A VACANCY IN SEATS 1 AND 2 OF THE BOARD OF SUPERVISORS PURSUANT TO SECTION 190.006(3)(b), FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Cedar Pointe Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, on November 3, 2020, two (2) members of the Board of Supervisors (“Board”) are to be elected by “Qualified Electors,” as that term is defined in Section 190.003 , Florida Statutes; and
WHEREAS, the District published a notice of qualifying period set by the Supervisor of Elections at least two (2) weeks prior to the start of said qualifying period; and

WHEREAS, at the close of the qualifying period, no one qualified to run for Seats 1 and
2; and

WHEREAS, pursuant to Section 190.006(3)(b), Florida Statutes, the Board shall declare these seats vacant, effective the second Tuesday following the general election; and

WHEREAS, Qualified Electors are to be appointed to the vacant seats within 90 days thereafter; and

WHEREAS, the Board finds that it is in the best interests of the District to adopt this Resolution declaring the seats available for election as vacant.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The following seats are hereby declared vacant effective as of November
17, 2020:

Seat #1 (currently held by Andy Hagan) Seat #2 (currently held by James Stowers)

SECTION 2. Until such time as the District Board nominates Qualified Electors to fill the vacancies declared in Section 1 above, the incumbent Board Supervisors of those respective seats shall remain in office.

SECTION 3. This Resolution shall become effective upon its passage.

1

PASSED AND ADOPTED this	day of July, 2020.

ATTEST:	CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

_____________________________	____________________________________ Secretary / Assistant Secretary	Chairperson

2

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Letter from the Supervisor of Elections - Duval County

OFFICE OF THE SUPERVISOR OF ELECTIONS

MIKE HOGAN SUPERVISOR OF ELECTIONS OFFICE: (904) 630-7757
CELL: (904) 219-8924

105 EAST MONROE STREET JACKSON'IILLE,  FLORIDA 32202
FAX (904) 630-2920 E-MAIL: MHOGAN@COJ.NET

May 5, 2020

Vivian Carvalho Cedar Pointe CDD
12051 Corporate Blvd.
Orlando, Florida 32817 Dear Vivian ,
The information you requested on April 15, 2020 appears below:

Cedar Pointe Community Development District	385 Registered Voters

If you have any questions or need additional assistance, please contact Robert Phillips at 904- 630-8018 or phillips@coi.net.

Sincerely,
Brenda Byles
Candidate and Records Assistant

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Review & Consideration of PFM District Management Services Engagement Letter

July 6, 2020

Ms. McCarrick
Chairperson of the Board of Supervisors Cedar Pointe Community Development District 12051 Corporate Boulevard
Orlando, FL 32817 Dear Ms. McCarrick:

12051 Corporate Blvd.
Orlando, FL 32817
407.723.5900

pfm.com

Thank you for the opportunity to continue serving as District Manager to the Cedar
Pointe Community Development District (the ”District”). The agreement in place between our firm and the District dated January 10, 2019 provides for the review and adjustment annually of our fees pursuant to the District’s annual budget process. We are respectfully requesting a fee increase from $15,000 to $20,000 for the year.

Please note this change will be effective on the billing for October 2020, in conjunction with the District’s new Fiscal Year.

Provided the changes are acceptable, please have an authorized official of the District sign and return a copy of this letter to us to acknowledge the increase.

Sincerely,
PFM GROUP CONSULTING LLC

Accepted by:

 	_ Senior Managing Consultant

(Signature)

(Print Name)

(Date)

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Review & Consideration of Agreement with VGlobal Tech for Website Maintenance Services

FIRST ADDENDUM TO THE AGREEMENT BETWEEN THE	COMMUNITY
DEVELOPMENT DISTRICT AND NEWAGETUTORS LLC, D/B/A VGLOBALTECH, FOR WEBSITE AUDITING, REMEDIATION,AND MAINTENANCE SERVICES

This First Addendum (“First Addendum”) is made and entered into this ____ day of
_____________, 2020, by and between:

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT, a local unit of
special-purpose government, established and existing pursuant to Chapter 190, Florida Statutes, with a mailing address of 12051 Corporate Boulevard, Orlando, Florida 32817 (the "District"), and
NEWAGETUTORS LLC, D/B/A VGLOBALTECH, a Florida limited liability company, with a mailing address of 636 Fanning Drive, Winter Springs, Florida 32708 ("Contractor" and, together with the District, the “Parties”).
RECITALS

WHEREAS,  the  District  and  the  Contractor  entered  into  that Agreement between the
_________________ Community Development District And NewAgeTutors LLC, D/B/A VGlobalTech,	for	Website	Auditing,	Remediation	and	Maintenance   Services,   dated
_____________, 20__ (the “Agreement”), incorporated herein by this reference; and

WHEREAS, Section 10(M) of the Agreement provides that the Agreement may be amended by an instrument in writing executed by both Parties; and

WHEREAS, the Parties desire to amend the Agreement to provide for additional services including additional maintenance, website hosting and e-mail hosting and related support, as more particularly described in Contractor’s proposal for services attached here to as Exhibit A and incorporated herein by this reference; and

WHEREAS, each of the Parties hereto has the authority to execute this First Addendum and to perform its obligations and duties hereunder, and each Party has satisfied all conditions precedent to the execution of this First Addendum so that this First Addendum constitutes a legal and binding obligation of each Party hereto.

NOW, THEREFORE, based upon good and valuable consideration and the mutual covenants of the Parties, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

SECTION 1. RECITALS. The recitals stated above are true and correct and by this reference are incorporated into and form a material part of this First Addendum.

SECTION 2. AFFIRMATION  OF THE  AGREEMENT.  The District and Contractor agree that nothing contained herein shall alter or amend the Parties’ rights and obligations under the Agreement, except to the extent set forth in Section 3 of this First Addendum. The Agreement is hereby affirmed and continues to constitute a valid and binding agreement between the Parties,

1

including but not limited to provisions regarding ADA and WCAG standards, public records, indemnification, and sovereign immunity. To the extent any of the provisions of this First Addendum or the Agreement conflict with the provisions of Exhibits A attached hereto, this First Addendum and the Agreement shall control.

SECTION 3.	AMENDMENTS.	Pursuant to Section 10(M) of the Agreement, the Agreement is hereby amended as follows:

The Agreement is hereby amended to add additional scope of services pursuant to Contractor’s proposal attached hereto as Exhibit A.  Such services shall also include hosting and maintaining the District’s website consistent with ADA and WCAG standards, as such terms are defined in the Agreement, including but not limited to:
securing “https” certification (or continued provision of same) and provide premium, secure “cloud” hosting with fail-over, automated, and regular back-up measures to ensure continued functionality and accessibility of the website;

providing unlimited file space, bandwidth, fast website response, and 99% website uptime;

providing an e-mail account and an archiving system which will allow the District, its supervisors, staff or representatives, to respond to public records requests and maintain e-mails in compliance with applicable records retention law; and
providing any and all other efforts reasonably necessary to allow the District to receive the maximum benefit of the additional services contemplated by this First Addendum and the Agreement.

Compensation for the services shall be amended in accordance with Exhibit A. Such payment shall be due and payable in accordance with the terms of the Agreement.

All additional services provided pursuant to this First Addendum shall meet the ADA and WCAG standards, as such terms are defined in the Agreement.

SECTION 4.	EFFECTIVE DATE. This First Addendum shall be effective upon execution by both Parties hereto, effective as of the date and year first written above.

2

IN WITNESS WHEREOF, the Parties hereto have signed this First Addendum to the Agreement on the day and year first written above.

ATTEST:	COMMUNITY

DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors	

WITNESS:		
NEWAGETUTORS LLC, D/B/A	
		VGLOBALTECH, a Florida limited	
		liability company	

Print Name:		

By: Vaibhav V. Joshi, Manager	

Exhibit A:	
Proposal for Additional Services	

Exhibit A

We bsite  Ma intenance Pro posa l For

Ceda r Po int e CDD

Date	ver ion#	commemts	Author	
t.t ay B , 20 20	1.0	created Proposal	VII Jos hi	

VG/oba/Tech is the ADA, WCAG Compliance Expert and leading Web design company , with over 300 ADA & WCAG compliant websites created (	and counting) to-dote! We hove
partnered with o non-profit agency to conduct Human Audit and Certification Seal.
Visit https: // vglobaltech.com/ website-com pJiance/ for details.

COPYIRI GHT ©: This  proposal and the  cont e n ts wit hi n t his docume nt  are so le  ly
c re ated by VGlo  balTe c h tea m for its cus t o me rs and  cannot be rep1roduce d, copied, modified or di,stributed  (includine forwardinc to other cust omers,  compet   i t ors, web desie ners etc.) withoutt he w ritt en consent of VGlob alTech. VGlo balTech company ho lds I nt e lle ct ual Pro pe rty* de ta ils alo ng wit h co mpany soft wa re deta ils
t hat must not be shared with othe rs wit hout the writt e n pe rm iss io n o f the
company.. The pro posa l and software deta ils  are c usto  mize d for the  requesting cus tomer and cannot be applie d to  any othe r cus tomer /  asse t /  so lutio  n. This document does no t apply to a case 1if it is  not exclus ively sen t to yo u by
VGlo balTech  upon request.

Any viola,  ti on	s are punish able under the law and s'hall be prosecuted   .

VGloba/Tech has de veloped  unique  ADA and WCAG com plian ce  e xperlise,  optim ized website
tem plat ,es   compliance mu fti-ste p procedure and quality control, document con version software
and test procedures . Contact us for deta ils of VG/o ba/Te ch' s in te llectua l Pro perty.

Pricing

onth y	a'nt en ance , Hosting and Email Support

is required for VGlobalTech's proprietary document conversion

F) to  be  used that allo   s faster, ac,cur   at e and batch processing  or

		
l _		e  t    pleads   pport to regular ly  k eep site upd at ed  (i  eludes all do cuments, audit	or,ts a.,e  da, s		ee·	min    es, e  ents etc). U pda te turnaround  time -  less than l ·   hrs from
cus omer sending the content and documents to beupdated to VGT team .

con ersion [to Text, HTM L etc) as needed ( neiv documents during the
ear only) fo ADA Comp liance / Reader Co  pliance . VGlo	h' s prop 'etary n software shall  be used by our tea    for  aster batch		n proces·s gas
is alid {b ig tme saver tha crea es com liant doru
:bsit e). If Auto conversion fails, VGlobalTech earn sh	orm ma ualO

	

Tot al Monthly M aintenance with fuU con tent upload, d ocumient  c,onversion:
$ 00 /	onth

•s ppo b ond O rs. / mo th / COD shall be bill ed at SSS / hr . sep ar at ely (VGl o all ch team
shall	responsi le to t rac and report hours exceeded, If any)	

T h.is pro posal includes following points, stipul,,itions terms and conditi ons:

" [1) conference call or in person me et in gs p er month with clien t o revi ew me r ics, resu lts and mon	IV recaps •unless otherwise noted
emai l and ph one co munication

Anyth ing ou of the scope of work in the above propo sal wi ll be addre ssed and  er en  wi II be imm edia ely noti fied. Aft er notification of addit io  al w ork,  a subsequ  ent  quot e will be provided to cove r th at work.
·Cl i ent i s respo nsible to adh er t!'lg to im elines as f ar as tn or m at i on required  o compie e  he tas is conce rn ed. 'I f im elines are not adh ered to and exce ed 15 business days past the curr ent mar•ke ing mont hs, last day, all  wortc will  end . A new month with new all ocated costs wi ll be presented or future work to commence. No refunds and owed wortc will be due unl ess
o h erw ise agreed upon. An Invoice will beprovided once signature approval of th is pro ject proposal. Payiments will bemade to VGL!OBALTECH

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Ratification of Payment Authorization 2019-44—2019-46

CEDAR POINTE
COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization 44
2/7/2020
FY20
Item	Payee	Invoice	General

1	Charles Aquatics, Inc.		
Lake Maintenance February 2020	37930	$ 1,326.00		
2	Jacksonville Daily Record				
Legal Advertising 01/03/20	20-00035D	$	91.10		
3	PFM				
District Management Fee: January 2020	DM-01-2020-0013	$ 1,250.00		
Website Fee: January 2020	DM-01-2020-0014	$	100.00		
Postage: November 2019	OE-EXP-00547	$	3.00		
		$ 2,770.10		
	TOTAL	$2,770.10		

No.	Number	Fund

Secretary/Assistant Secretary	

Charles Aquatics, Inc.
6869 Phillips Parkway Drive South Jacksonville, FL 32256
904-997-0044

Invoice

Date	Invoice#	
2/1/2020	i	37930	

Cedar Pointe COD 12051 Corporate Blvd
Orlando, FL 32817

Bill To

3/2/2020

Due Date

1,326.00

I

I

I

-

I

$1,326.00

Balance Due

I

It is a pleasure doing business with you!

I

1,326.00

I

Monthly Aquatic Management Services for 5 lakes at Tidewater HOA

I

l

Amount

Rate

Description

Qty

STATEMENT
February 3, 2020

Jacksonville Daily Record
A Division of
DAILY RECORD & OBSERVER, LLC
10 N. Newnan Street (32202)
P.O. Box 1769 Jacksonville, FL 32201
(904) 356-2466

LEGAL ADVERTISING

Attn:Accounting
Cedar Pointe Community Development District 12051 CORPORATE BLVD.
ORLANDO FL 32817

Balance Due:	$91.101

All PAST DUE items are subject to finance charges of 1 1/2% per month.
Please remit immediately.

Serial Number	Case	Case#	Amount Due

Please note that your account is currently past due. If you have made a payment recently, we thank you. Daily Record & Observer, LLC appreciates your business.
For your convenience you may pay your invoice online at JaxDailyRecord.com/send-payment

20-000350	Cedar Pointe Community Development	PAST DUE	$89.75	
		Finance Charge on PAST DUE Items:	$1.35	

Cedar Pointe Community Development District Page   1	Payment Due Upon Receipt

Daily ReCord	PROOF OF PUBLICATION

(Published daily except Saturday, Sunday and legal holidays) Jacksonville, Duval County, Florida

STATE  OF FLORIDA,

S.S. COUNTY  OF DUVAL,
Before the undersigned authority personally appeared Rhonda Fisher who on oath says that she is the Publisher's Representative of JACKSONVILLE DAILY RECORD, a daily (except Saturday, Sunday and legal holidays) newspaper published at Jacksonville, in Duval County, Florida; that the attached copy of advertisement, being a
Notice of Public Mootjng
in the matter of Ceder Pojntc; Commupjty Development

in the Court of Duval County Florjda, was published in said newspaper in the issues of .!LJL2Q

Affiant further says that the said JACKSONVILLE DAILY RECORD is a newspaper at Jacksonville, in said Duval County, Florida, and that the said newspaper has heretofore been continuously published in said Duval County, Florida, each day (except Saturday, Sunday and legal holidays) and has been entered as periodicals matter at the post office in Jacksonville, in said Duval County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement; and affiant further says that she has neither paid nor promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in said newspaper.
*This notice was placed on the newspaper's website and floridapublicnotices.com on the same day the notice appeared in the newspaper.

NOTICE OF PUBLIC MEETING
CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT
The Board of Sup••1·,·ieors of the Cedar Pointe Community Develop· 111e11L Oi•lrict r•Dt•trlct"l will lwhl it,;  rP.gulnr  m ting  on,  fonun, ·y LO, 2020, ot  10:00  n.m. nt  1478,5
Old  St  Augustine  Ro d, Sui!R 3,
.Jacksonville, FL 32258 A copy of the agenda for the meeting can he obtained  from  the  Di•trict   Ollie at 12051 Corporote Boulcvnrd, Orlnn,lo, FL 32817  or  hy  phone aL 407-72R-a900. Ad11it ionall_y. a copy of the ngen cta . A.long wah Rny meeting materinla uvoilobfo in an electronic formnt , m y be ohtaine1l
al wwwmlnn,uintm!1I mm.
The      meetjng    is   open    to   the
pubUc antl will be condL1ctell it1 acconiancP. with the ()J'ovisions or Florid , law_ There mny be occn­ "-iom-1 when on or more Bmucl 8upen•isors  or  8-tnff   members will participate by telephone 1'ru, meeting may he cunlinuP.(I in prc,g­ res".' without  a,Jtlitionul  untie to a time, dute , nnd locntion atntc<l on the recorcl. Meeting,< may be can­ celled  from  time  to  timP  without
advertised notice.
Any person 1·cquil'ing spo,eial acconuuodatioug to participate in Lhis meeting UJ  asked  to  mlvis lhe DiHtrict Office al (407) 728- 5900. <tl lett•t 48 huur hefore the meetings.  If  you  lll'e   henring  or s peech impa il'ecl, ple11RP. contact lhe Fliirida Relay Service by diul­ ing 7-1-1, or 1-800-935-8771 ('ITY)
/ 1-800-955-8770 tVoiceJ, for ai<l in coutncting the District Office.
Any perKon who dt-c.·idt-s to appeal nny dcdsion made by the Board  with  respect   lo   nny   mat­ ter   mnsidered   nt   the   meeting   i.s a dv iile<I that the i>el'80n will n(!P,fl a rl'Conl of I he proceedin1,"' mul U,a I accordingly, the f>erson ma..v nl-"ffl'l to ensure tbnt n verbatim record  of the procce<lings id mnde, including the tes.ti1uony mul evi(lence upon whkh lht! a1>peal i"' hmu d.
Vivian Carvu lhu District Manager
,J.u1. 3	00l20-0003GDi

Rhonda Fisher

Sworn to and subscribed before me this 3rd day of January, 2020 A.O. by Rhonda Fisher who is personally  known to me.

JANET MOHR
Nol8ry Pubnc, s1e10 of Florida My Comm. E>l:pires 12/IB/2020 Commission No 6655826

Seal	Notary Public, State of Florida

INVOICE

Jacksonville Daily Record
A Division of
DAILY RECORD & OBSERVER, LLC
10 N. Newnan Street (32202)
P.O. Box 1769 Jacksonville, FL 32201
(904) 356-2466	January 3, 2020	
Date

Attn: Accounting
Cedar Pointe Community Development District 12051 CORPORATE BLVD.
ORLANDO	FL	32817

Payment Due Upon Receipt

Serial # 20-00035D Notice of Public Meeting

PO/File# 		 	$89.75
Amount Due

 	
Amount Paid
Cedar Pointe Community Development District	 	$89.75
Payment Due
Case Number Publication Dates 1/3
County   Duval	

Payment is due before the Proof of Publication is released.

For your convenience, you may remit payment at
jaxdailyrecord.comlsend-payment.

Your notice can be found on the world wide web at www.jaxdailyrecord.com
TERMS: Net 30 days. Past due amounts will be charged a finance charge of 1.5% per month.

Preliminary Proof Of Legal Notice
(This is not a proof of publication.)

Please read copy of this advertisement and advise us of any necessary corrections before further publications.

NOTICE OF PUBLIC MEETING
CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT
Thti Board 1,r AupHrVhml':-1 of thf"
Cedar Pointe Coiumunity Dc,·clop­ ment Di•trict ("Dh rtr fot"I will hold it•  regular  meeting  on   January 10,  2020,  at  10:00  a.m. nt  1478.5
Old  St.  Augustin<'  Road. Suite a.
Jnck•onville, FL 32258. A copy of the Ob'Bncla for the meeting can be obtained  from  the  District  Office at 12051 Corporflte Boulevard, Ol'lan,lo,  FL  2817  or  b)'   phone at 407-723-5000. Additionally. a ropy orthe agendo, along with any meeting materinlt1 i.wail:'tble in 3n
e lectrcrn ic: format. may he ohtr1ine1l
at rrn·tt,D1h1CUt1inlmlcta,m.
The  meeting  i•  open  to  the public  1md  will   bi,  conducte<\  in
acro1'tlnnrC' wah the provisions of Floddn Jaw. There may be occa­ siunhl   when   on     or   more  Board
Supervt-mrH ur starr memhers will 1->articlpnte by tclevhon<'. The meeting may be rontinued in pl'Og­
,-ess wit.bout additional notice to a time, dute, and locution slated on the record, Meetings mny be can­ celled  from  time  to  time without
•dvertlsed notice.
Any person requirin s1>ecial nccomuuxlationa to participate in this  meeting  is  asked  to  advise the Diat l'ict. Office at /407i 723- 5900. at lea t 48 hours befo1·e the 1ueetings, If you nre hearing or speech impaired. plen1m contact the Florida Heiny Service by dial­ ing 7-1-1, or l-800-9.35-8771 (TI Yl
/ 1-800-955-8770 l Voice), tor aid in contacting the District Ollie<'.
Any p,,rson who derides to  appP.•I 11ny ded,ion made by thP. Board with  rt"Spect  to  any  mat­ ter considered at thi, meeting is advised thut tbe peraon will need a record of I.he proceedings am] that acronlingly, the l on  may  nred to cnsu re that a vcrlmthu 1-ecorcl of the proceedings is made, including the testimony and evidence upon which the appeal is based.
Vivinn Corvo lho
Di•t l"ict Mnnoger
,fan. 3	00120-000 51)1

pfm
Bill To:

Cedar Pointe CDD
�/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817 United States of America

RE:	District Management Fee: January 2020

Total Amount Due

Date	Invoice Number
January 30, 2020	DM-01-2020-0013
Payment Terms	Due Date
Upon Receipt	January 30, 2020

Company Address:
1735 Market Street 43rd Floor
Philadelphia, PA 19103
+1 (215) 567-6100
Federal Tax ID: 81-1642478

$1.250.00

of

pfm
Bill To:

Cedar Pointe COD
C/O PFM Group Consulting District Accounting Deparlment
12051 Corporate Blvd
Orlando. FL 32817 United States of America

RE:	Website Fee - January 2020

Total Amount Due

Date	Invoice Number
January 30, 2020	DM-01-2020-0014
Payment Terms	Due Date
Upon Receipt	January 30, 2020

Company Address:
1735 Market Street 43rd Floor
Philadelphia, PA 19103
+1 (215) 567-6100
Federal Tax ID: 81-1642478

of	1

pfm
BIii To:

Cedar Pointe COD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817 United States of America

RE:	November 2019 Postage - $3.00

Total Amount Due

Date	Invoice Number
January 22, 2020	OE-EXP-00547
Payment Terms	Due Date
Upon Receipt	January 22, 2020

Company Address:
1735 Market Street 43rd Floor Philadelphia, PA 19103
+1 (215) 567-6100

Federal Tax ID: 81-1642478

of

pltneybowes0
Account Summary Report
Date Range: November 1, 2019 to November 30, 2019
Meter Group: All Meters
Meter lWOO - 1376538 OLD at ORLANDO, FL
Meler 4WOO - .0347354 at ORLJ\NDO, FL

IliffiiiifiiiJii!irmrriiiiiiI

Meter Details
I	ii:iiiii	I IWMJMN

ORUINOO, fl
OALW>O,fl.

4WOD • Ol473S4	0347354	249111'170
1WOO • 1376538 01.D  1316538	249"470

Ii

fca.,Polllle

Account Summary

GnlndTolal	13.800

CEDAR POINTE
COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization 45
2/27/2020
FY20
Item	Payee	Invoice	General
No.	Number	Fund

1	Hopping Green & Sams		
General Counsel thru 12/31/19	112570	$	142.00	
2	PFM			
District Management Fee: February 2020	DM-02-2020-0013	$ 1,250.00	
Website Fee: February 2020	DM-02-2020-0014	$	100.00	
Postage: December 2019	OE-EXP-00603	$	2.50	
Postage: January 2020	OE-EXP-00660	$	8.00	
		$ 1,502.50	
	TOTAL	$1,502.50	

Secretary/Assistant Secretary

Hopping Green & Sams
Attorneys and Counselors

119 S. Monroe Street, Ste. 300
P.O. Box 6526 Tallahassee, FL 32314
850.222.7500
================================= STATEMENT =================================

Cedar Pointe Community Development District c/o PFM Group Consulting, LLC
12051 Corporate Blvd.
Orlando, FL 32817

General Counsel/Monthly Meeting CPCDD	00001	WSH
FOR PROFESSIONAL SERVI:cesRENDERED
12/27/19	WSH	Review  proposed agenda.

January 31, 2020

Bill Number 112570 Billed through  12/31/2019

0.20 hrs

12/30/19	MCE	Review proposed legislation; monitor committee activity and agendas; monitor Amendment 12 implementation.

Total fees for this matter

0.30 hrs

$142.00

MATTER SUMMARY

Eckert, Michael C.		0.30 hrs	290	/hr	$87.00	
Haber, Wesley S.		0.20 hrs	275	/hr	$55.00	
	TOTAL FEES				$142.00	

TOTAL CHARGES FOR THIS MATTER	$142.00

BILLING SUMMARY,

Eckert, Michael C.	0.30 hrs	290	/hr	$87.00	
Haber, Wesley S.	0.20 hrs	275	/hr	$55.00	
TOTAL FEES				$142.00	
TOTAL CHARGES FOR THIS BILL				$142.00	

Please include the bill number on vour check.

pfm
Bill To:

Cedar Pointe CDD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817

RE:	District Management Fee: February 2020

Total Amount Due

Date		Invoice Number February 14, 2020	DM-02-2020-0013
Payment Terms		Due Date Upon Receipt	February 14, 2020

Company Address:
1735 Market Street 43rd Floor
Philadelphia, PA 19103
+1 (215) 567-6100

Federal Tax ID: 81-1642478

$1,250.00

of	1

pfm
Bill To:

Cedar Pointe CDD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817 United States of America

RE:	Website Fee - February 2020

Total Amount Due

Date		Invoice Number February 14, 2020	DM-02-2020-0014
Payment Terms		Due Date Upon Receipt	February 14, 2020

Company Address:
1735 Market Street 43rd Floor Philadelphia, PA 19103
+1 (215) 567-6100

Federal Tax ID: 81-1642478

1	of

pfm
BIii To:

Cedar Pointe CDD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817 United States of America

RE:	December 2019 Postage - $2.50

Total Amount Due

Date	Invoice Number
February 3, 2020	OE-EXP-00603
Payment Terms	Due Date
Upon Receipt	February 3, 2020

Company Address:
1735 Market Street 43rd Floor Philadelphia, PA 19103
+1 (215) 567-6100
Federal Tax ID: 81-1642478

1	of	1

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Account Summary Report
Date Range: December 1, 2019 to December 31, 2019
Meter Group: All Meters
Meter !WOO - 1376538 OLD at ORLANDO, FL Meter 4WOO - 034735.4 at oat.ANDO. FL
Meter Details

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Account Summary

                                   $.2.580

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Bill To:

k::edar Pointe COD
/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817 United States of America

RE:	January 2020 Postage - $8.00

Total Amount Due

Date February 20, 2020 Payment Tenns
Upon Receipt

Company Address:
1735 Market Street 43rd Floor Philadelphia, PA 19103
+1 (215) 567-6100
Federal Tax ID: 81-1642478

Invoice Number
OE-EXP-00660
Due Date
February 20, 2020

RECEIVED FEB 2 1 2020

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pltneybowes0

Account Summary Report

Date Range: January 1, 2019 to January 31, 2019
Meter Group: All Meters
Meter lWOO - 1376538 OLD at ORLANDO, FL Meter 4WOQ - 0347354 at ORJ.ANDO1 FL

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Account Summary

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CEDAR POINTE
COMMUNITY	DEVELOPMENT	DISTRICT

Payment Authorization 46
4/1/2020

Item	Payee
No.

Invoice Number

FY20
General Fund

1	Hopping Green & Sams		
General Counsel thru 01/31/20	113303	$ 1,340.67	
2	PFM
District Management Fee: March 2020	
DM-03-2020-0013	
$ 1,250.00	
Website Fee: March 2020	DM-03-2020-0014	$	100.00	
		$ 2,690.67	
	TOTAL	$2,690.67	

	q\,	C,	
Secretary/Assistant Secretary	Ci erson		

Hopping Green & Sams
Attorneys and Counselors

119 S. Monroe Street, Ste. 300
P.O. Box 6526 Tallahassee, FL 32314
850.222.7500
================================= STATEMENT =================================
February 29, 2020
Cedar Pointe Community Development District	Bill Number	113303	
c/o PFM Group Consulting, LLC	Billed through	01/31/2020	
12051 Corporate Blvd.			
Orlando, FL 32817			

General Counsel/Monthly Meeting			
CPCDD	00001	WSH	

FOR PROFESSIONAL SERVICES RENDERED
01/02/20	WSH	Review correspondence regarding agenda; confer with Carvalho; review bond	0.20 hrs documents.

01/03/20	WSH

01/08/20	WSH

01/08/20	KFJ

01/09/20	WSH

01/10/20	WSH

01/21/20	KFJ

01/31/20	MCE

01/31/20	WSH

Review agenda materials and confer with Veazey regarding same.	0.20 hrs

Review correspondence and documents regarding amended rules of procedure,	0.20 hrs

Correspond with district manager regarding amended and restated rules of	0.20 hrs procedure document.

Prepare for board meeting.	0.30 hrs

Prepare for, travel to and back and participate in board meeting,	2.80 hrs

Prepare internal controls policy resolution; confer with Haber.	0.20 hrs

Review proposed legislation; monitor committee activity and agendas; monitor	0.30 hrs Amendment 12 implementation.

Review plat and prepare correspondence to Veazey regarding same.	0.50 hrs

Total fees for this matter	$1,292.00

DISBURSEMENTS
Travel	45.54	
Travel - Meals	3.13	
Total disbursements for this matter	$48.67	

MATTER SUMMARY

Jusevitch, Karen F.- Paralegal		0.40 hrs	125	/hr	$50.00	
Eckert, Michael C.		0.30 hrs	290	/hr	$87.00	
Haber, Wesley S.		4.20 hrs	275	/hr	$1,155.00	
	TOTAL FEES				$1,292.00	

Cedar Pointe COD - General Cou	Bill No. 113303	Page 2

TOTAL DISBURSEMENTS

TOTAL CHARGES FOR THIS MATTER

BILLING SUMMARY

$48.67

$1,340.67

Jusevitch, Karen F.- Paralegal	0.40 hrs	125	/hr	$50.00	
Eckert, Michael C.	0.30 hrs	290	/hr	$87.00	
Haber, Wesley S.	4.20 hrs	275	/hr	$1,155.00	
TOTAL FEES				$1,292.00	
TOTAL DISBURSEMENTS				$48.67	
TOTAL CHARGES FOR THIS BILL				$1,340.67	

Please include the bill number with your payment.
WIRE/ ACH Information Synovus Bank
Hopping Green & Sams, P.A. Acct. #:	3270103901
ABA #:	061100606

pfm
BU!To:

Cedar Pointe COD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817

RE:	District Management Fee: March 2020

Total Amount Due

&late	Invoice Number	
March 9, 2020	DM-03-2020-0013	
Paymeht Terms	Due Date	
Upon Receipt	March 9, 2020	

RECEIVED	MAR 0 6 2020

Company Addruss:
1735 Market Street 43rd Floor Philadelphia, PA 19103
+1 (215) 567-6100

Federal Tax ID: 81-1642478

$1,250.00

1	of

pfm
BIii To:

Cedar Pointe COD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817 United States of America

RE:	Website Fee - March 2020

Total Amount Due

Date	Invoice Number
March 9, 2020	DM-03-2020-0014
Payment Terms	Due Date
Upon Receipt	March 9, 2020

RECEIVED	MAR O 6 2020
Company Addre_ss:
1735 Market Street 43rd Floor Philadelphia, PA 19103
+1 (215) 567-6100

Federal Tax ID: 81-1642478

of

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Review of District Financial Statements

Cedar Pointe Community Development Distr
Statement of Financial Position As of 6/30/2020

Long Term Debt	Total	
Group		

$46,763.07	
	8,383.58	
	10,674.30	
	81,659.95	
	281,416.50	
	96,769.92	
	2,011.98	
	2,329.35	
	81,602.61	
$0.00	$611,611.26	

$380,198.40	

$380,198.40	
3,794,801.60	3,794,801.60	
$4,175,000.00	$4,175,000.00	

$4,175,000.00	
$4,786,611.26	

$2,050.00	
	10,674.30	
	81,659.95	
$0.00	$94,384.25	

$4,175,000.00	

$4,175,000.00	
$4,175,000.00	$4,175,000.00	

General Fund	Debt Service Fund	Capital Projects Fund

Current Assets		Assets			
General Checking Account - CNB	$46,763.07				
State Board of Administration	8,383.58				
Assessments Receivable	10,674.30				
Assessments Receivable			$81,659.95		
Debt Service Reserve 2005A			281,416.50		
Revenue 2005A			96,769.92		
Prepayment 2005A			2,011.98		
Acquisition/Construction 2005A				$2,329.35	
Deferred Cost 2005A				81,602.61	
Total Current Assets	$65,820.95		$461,858.35	$83,931.96	

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

Total Assets

$0.00

$65,820.95	$461,858.35

Liabilities and Net Assets

$0.00

$83,931.96

Current Liabilities			
Accounts Payable	$2,050.00		
Deferred Revenue
Deferred Revenue	10,674.30	
$81,659.95		
Total Current Liabilities	$12,724.30	$81,659.95	$0.00	

Long Term Liabilities
Revenue Bonds Payable LongTerm Total Long Term Liabilities

$0.00

$0.00

Cedar Pointe Community Development Distr
Statement of Financial Position As of 6/30/2020

General Fund	Debt Service Fund	Capital Projects Fund

Long Term Debt

Total Liabilities

$12,724.30

$81,659.95

$0.00

$4,175,000.00

$4,269,384.25

Net Assets

Group

Total

Net Assets, Unrestricted	$254,295.36				$254,295.36	
Net Assets - General Government	(213,766.17)				(213,766.17)	
Current Year Net Assets - General Government	12,567.46				12,567.46	
Net Assets, Unrestricted		$478,231.14			478,231.14	
Current Year Net Assets, Unrestricted		(98,032.74)			(98,032.74)	
Net Assets, Unrestricted			$71,029.92		71,029.92	
Current Year Net Assets, Unrestricted			12,902.04		12,902.04	
Total Net Assets	$53,096.65	$380,198.40	$83,931.96	$0.00	$517,227.01	

Total Liabilities and Net Assets	
$65,820.95	
$461,858.35	
$83,931.96	
$4,175,000.00	
$4,786,611.26	

Cedar Pointe Community Development Distr
Statement of Activities As of 6/30/2020	

General Fund	
Debt Service Fund	
Capital Projects Fund	
Long Term Debt
Group	
Total	

$40,845.39 32,022.90

$72,868.29	

$199,996.91 122,489.93
(12,077.88)

$310,408.96	

$12,077.88
$12,077.88	

$0.00	
$40,845.39 32,022.90
199,996.91
122,489.93
(12,077.88)
12,077.88
$395,355.13	

Revenues

On-Roll Assessments Off-Roll Assessments On-Roll Assessments Off-Roll Assessments
Inter-Fund Group Transfers In Inter-Fund Transfers In
Total Revenues

Expenses

$800.00				$800.00	
2,693.00				2,693.00	
3,717.38				3,717.38	
11,250.00				11,250.00	
5,000.00				5,000.00	
3,907.67				3,907.67	
5,000.00				5,000.00	
2,000.00				2,000.00	
500.00				500.00	
33.40				33.40	
444.73				444.73	
2,963.81				2,963.81	
1,709.81				1,709.81	
1,200.00				1,200.00	
175.00				175.00	
3,500.00				3,500.00	
10,608.00				10,608.00	
4,900.00				4,900.00	
	$175,000.00			175,000.00	
	233,812.50			233,812.50	
$60,402.80	$408,812.50	$0.00	$0.00	$469,215.30	

Supervisor Fees
Public Official Insurance Trustee Services District Management Dissemination Agent District Counsel
Assessment Administration Audit
Arbitrage Calculation Postage & Shipping Legal Advertising Miscellaneous Contingency
Web Site Maintenance Dues, Licenses, and Fees General Insurance
Lake Maintenance
Landscaping Maintenance & Material Principal Payment
Interest Payments Total Expenses
Other Revenues (Expenses) & Gains (Losses)

$101.97				$101.97	
	$370.80			370.80	
		$824.16		824.16	
$101.97	$370.80	$824.16	$0.00	$1,296.93	

Interest Income Interest Income Interest Income
Total Other Revenues (Expenses) & Gains (Losses)

Cedar Pointe Community Development Distr

Statement of Activities As of 6/30/2020

	General Fund	Debt Service Fund	Capital Projects Fund	Long Term Debt	Total	
				Group		
Change In Net Assets	$12,567.46	($98,032.74)	$12,902.04	$0.00	($72,563.24)	

Net Assets At Beginning Of Year	$40,529.19	$478,231.14	$71,029.92	$0.00	$589,790.25	

Net Assets At End Of Year	
$53,096.65	
$380,198.40	
$83,931.96	
$0.00	
$517,227.01	

Cedar Pointe Community Development District
Budget to Actual
For the Month Ending 06/30/2020	

Actual	Year To Date
Budget		

Variance	

Adopted FY 2020
Budget	

Revenues								
Assessments	$	72,868.29	$	62,568.75	$	10,299.54	$	83,425.00	
Carry Forward Revenue	-	7,500.00		(7,500.00)	10,000.00	
Net Revenues	$	72,868.29	$	70,068.75	$	2,799.54	$	93,425.00	
General & Administrative Expenses
Engineering Fees Supervisor Fees District Counsel Audit Fees Arbitrage
Assessment Administration Dissemination
Trustee
District Management Fees Postage
General Insurance Public Official Insurance Legal Advertising
Other Current Charges Website Maintenance Dues, Licenses & Fees Landscape Maintenance Landscape Improvements
Irrigation Repairs & Maintenance Lake Maintenance
Maintenance of Trees/Wetlands Electric
Office Misc (Phone / Postage / Travel)
Contingency (Repairs / Maintenance / Improvements / Misc)
Total General & Administrative Expenses	

$	-	

$	1,500.00	

$	

(1,500.00)	

$	2,000.00	
	800.00	1,200.00		(400.00)	1,600.00	
	3,907.67	2,325.00		1,582.67	3,100.00	
	2,000.00	4,200.00		(2,200.00)	5,600.00	
	500.00	750.00		(250.00)	1,000.00	
	5,000.00	3,750.00		1,250.00	5,000.00	
	5,000.00	3,750.00		1,250.00	5,000.00	
	3,717.38	2,812.50		904.88	3,750.00	
	11,250.00	11,250.00		-	15,000.00	
	33.40	112.50		(79.10)	150.00	
	3,500.00	2,850.00		650.00	3,800.00	
	2,693.00	2,212.50		480.50	2,950.00	
	444.73	750.00		(305.27)	1,000.00	
	2,963.81	2,625.00		338.81	3,500.00	
	1,200.00	1,800.00		(600.00)	2,400.00	
	175.00	131.25		43.75	175.00	
	4,900.00	7,500.00		(2,600.00)	10,000.00	
	-	4,875.00		(4,875.00)	6,500.00	
	-	1,500.00		(1,500.00)	2,000.00	
	10,608.00	12,000.00		(1,392.00)	16,000.00	
	-	750.00		(750.00)	1,000.00	
	-	562.50		(562.50)	750.00	
	-	262.50		(262.50)	350.00	
	1,709.81	600.00		1,109.81	800.00	
	$	60,402.80	$	70,068.75	$	(9,665.95)	$	93,425.00	

Total Expenses	
$	60,402.80	
$	70,068.75	
$	
(9,665.95)	
$	93,425.00	
Income (Loss) from Operations	$	12,465.49	$	-	$	12,465.49	$	-	
Other Income (Expense)
Interest Income	

$	101.97	

$	

-		

101.97	

$	

-	
Total Other Income (Expense)	$	101.97	$	-	$	101.97	$	-	
Net Income (Loss)	$	12,567.46	$	-	$	12,567.46	$	-	

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT

Review & Acceptance of Fiscal Year 2019 Audit Report

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT
CITY OF JACKSONVILLE, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT CITY OF JACKSONVILLE, FLORIDA

TABLE OF CONTENTS

	Page
	
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS
Government-Wide Financial Statements: Statement of Net Position
Statement of Activities Fund Financial Statements:
Balance Sheet – Governmental Funds
Reconciliation of the Balance Sheet – Governmental Funds to the Statement of Net Position
Statement of Revenues, Expenditures and Changes in Fund Balances – Governmental Funds
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities
Notes to the Financial Statements	

7	
	8	
	9	
	10	
	11	
	12	
	13-20	
REQUIRED SUPPLEMENTARY INFORMATION
Schedule of Revenues, Expenditures and Changes in Fund Balance – Budget and Actual – General Fund
Notes to Required Supplementary Information	

21	
	22	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

23-24	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	

25	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES		
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	26-27

951 Yamato Road ▪ Suite 280 Boca Raton, Florida  33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Cedar Pointe Community Development District City of Jacksonville, Florida

Report on the Financial Statements

We have audited the accompanying financial statements of the governmental activities and each major fund of Cedar Pointe Community Development District, City of Jacksonville, Florida ("District") as of and for the fiscal year ended September 30, 2019, which collectively comprise the District’s basic financial statements as listed in the table of contents.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund, of the District as of September 30, 2019, and the respective changes in financial position thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.

Other Matters

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated June 24, 2020, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

June 24, 2020

2

MANAGEMENT’S DISCUSSION AND ANALYSIS

The management of the Cedar Pointe Community Development District, City of Jacksonville, Florida (“District”) would like to offer the readers of the District’s financial statements this discussion and analysis of the District’s financial activities for the fiscal year ended September 30, 2019. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.

FINANCIAL HIGHLIGHTS

The liabilities of the District exceeded its assets at the close of the most recent fiscal year resulting in a net position deficit balance of ($1,842,191).

The change in the District’s total net position in comparison with the prior fiscal year was $72,604, an increase. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.

At September 30, 2019, the District’s governmental funds reported combined ending fund balances of
$589,789, a decrease of ($2,052) in comparison with the prior fiscal year. A portion of fund balance is non-spendable for prepaid items, restricted for debt service and capital projects, and the remainder is unassigned fund balance which is available for spending at the District’s discretion.

OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis are intended to serve as the introduction to the District’s basic financial statements. The District’s basic financial statements are comprised of three components: 1) government- wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements

The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.

The statement of net position presents information on all the District’s assets and liabilities, with the difference between the two reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

The government-wide financial statements include all governmental activities that are principally supported by assessments. The District does not have any business-type activities. The governmental activities of the District include the general government (management) and maintenance functions.

Fund Financial Statements

A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category, the governmental funds.

OVERVIEW OF FINANCIAL STATEMENTS (Continued)

Governmental Funds

Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balance provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains three governmental funds for external reporting. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund, debt service fund and capital projects fund, all of which are considered major funds.

The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.

Notes to the Financial Statements

The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

GOVERNMENT-WIDE FINANCIAL ANALYSIS

As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, liabilities exceeded assets at the close of the most recent fiscal year.

Key components of the District’s net position are reflected in the following table:

NET POSITION SEPTEMBER 30,
		2019		2018	
Assets, excluding capital assets	$	594,558	$	597,079	
Capital assets, not being depreciated		2,015,442		2,114,593	
Total assets		2,610,000		2,711,672	
Liabilities, excluding long-term liabilities		102,191		276,467	
Long-term liabilities		4,350,000		4,350,000	
Total liabilities		4,452,191		4,626,467	
Net Position					
Net investment in capital assets		(2,334,558)		(2,283,528)	
Restricted for debt service		380,809		271,229	
Restricted for capital projects		71,030		57,341	
Unrestricted		40,528		40,163	
Total net position	$	(1,842,191)	$	(1,914,795)	

GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure); less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used.

The District’s net position increased during the most recent fiscal year. The majority of the increase represents the extent to which ongoing program revenues exceeded the cost of operations and depreciation expense.

Key elements of the change in net position are reflected in the following table:

CHANGES IN NET POSITION
FOR THE FISCAL YEAR ENDED SEPTEMBER 30,

		2019		2018	
Revenues:					
Program revenues					
Charges for services	$	491,339	$	485,946	
Operating grants and contributions		1,174		-	
Capital grants and contributions		1,357		-	
General revenues					
Miscellaneous		217		1,766	
Total revenues		494,087		487,712	
Expenses:					
General government		47,971		48,309	
Maintenance and operations		134,369		138,480	
Interest		239,143		247,966	
Total expenses		421,483		434,755	
Change in net position		72,604		52,957	
Net position - beginning		(1,914,795)		(1,967,752)	
Net position - ending	$	(1,842,191)	$	(1,914,795)	

As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2019 was $421,483. The costs of the District’s activities were funded by program revenues. Program revenues, comprised primarily of assessments, increased during the fiscal year. In total, expenses, including depreciation, decreased from the prior fiscal year, the majority of the decrease was the result of a decrease in professional services including the landscape maintenance and repairs.

GENERAL BUDGETING HIGHLIGHTS

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2019.

CAPITAL ASSETS AND DEBT ADMINISTRATION

Capital Assets

At September 30, 2019, the District had $3,304,405 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $1,288,963 has been taken, which resulted in a net book value of $2,015,442. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt

At September 30, 2019, the District had $4,350,000 in Bonds outstanding. More detailed information about the District’s capital debt is presented in the notes of the financial statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGET

The District does not anticipate any major projects or significant changes to its infrastructure maintenance program for the subsequent fiscal year. In addition, it is anticipated that the general operations of the District will remain fairly constant.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT

This financial report is designed to provide property owners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Cedar Pointe Community Development District’s Finance Department at 12051 Corporate Boulevard, Orlando, Florida 32817.

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT CITY OF JACKSONVILLE, FLORIDA

STATEMENT OF NET POSITION SEPTEMBER 30, 2019

	Governmental
Activities	
ASSETS
Cash	
$	30,811	
Investments	8,293	
Assessments receivable	83,153	
Prepaids and deposits	6,193	
Restricted assets:
Investments	
466,108	
Capital assets:
Nondepreciable	
825,638	
Depreciable, net	1,189,804	
Total assets	2,610,000	
LIABILITIES
Accounts payable	
4,769	
Accrued interest payable	97,422	
Non-current liabilities:
Due within one year	
175,000	
Due in more than one year	4,175,000	
Total liabilities	4,452,191	

NET POSITION			
Net investment in capital assets		(2,334,558)	
Restricted for debt service		380,809	
Restricted for capital projects		71,030	
Unrestricted		40,528	
Total net position	$	(1,842,191)	

See notes to the financial statements

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT	
CITY OF JACKSONVILLE, FLORIDA	
STATEMENT OF ACTIVITIES	
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019	
Net (Expense)	
Revenue and	
Changes in Net	
		Program Revenues				Position	
		Charges	Operating	Capital Grants			
		for	Grants and	and		Governmental	
Functions/Programs	Expenses	Services	Contributions	Contributions		Activities	
Primary government:									
Governmental activities:									
General government	$	47,971	$	47,971	$	-	$	-	$	-	
Maintenance and operations	134,369	35,366		-	1,357		(97,646)	
Interest on long-term debt	239,143	408,002	1,174		-		170,033	
Total governmental activities	421,483	491,339	1,174	1,357		72,387	
		General revenues:						
		Unrestricted investment earnings			217	
		Total general revenues				217	
		Change in net position					72,604	
		Net position - beginning					(1,914,795)	
		Net position - ending				$	(1,842,191)	

See notes to the financial statements

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT	
CITY OF JACKSONVILLE, FLORIDA	
BALANCE SHEET	
GOVERNMENTAL FUNDS	
SEPTEMBER 30, 2019	
		Major Funds			Total	
				Capital		Governmental	
	General	Debt Service	Projects	Funds	
ASSETS							
Cash	$	30,811	$	-	$	-	$	30,811	
Investments	8,293	395,078	71,030	474,401	
Assessments receivable	-		83,153		-	83,153	
Prepaid items	6,193		-		-	6,193	
Total assets	$	45,297	$	478,231	$	71,030	$	594,558	
LIABILITIES AND FUND BALANCES							
Liabilities:							
Accounts payable	$	4,769	$	-	$	-	$	4,769	
Total liabilities	4,769		-		-	4,769	
Fund balances:							
Nonspendable:							
Prepaid items	6,193		-		-	6,193	
Restricted for:							
Debt service	-	478,231		-	478,231	
Capital projects	-		-	71,030	71,030	
Unassigned	34,335		-		-	34,335	
Total fund balances	40,528	478,231	71,030	589,789	
Total liabilities and fund balances	$	45,297	$	478,231	$	71,030	$	594,558	

See notes to the financial statements

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT CITY OF JACKSONVILLE, FLORIDA
RECONCILIATION OF THE BALANCE SHEET – GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2019	
Total fund balances - governmental funds	$	589,789	
Amounts reported for governmental activities in the statement of net position are different because:			

Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets in the net position of the government as a whole.
Cost of capital assets Accumulated depreciation	

3,304,405
(1,288,963)	

2,015,442	
Liabilities not due and payable from current available resources are not reported as liabilities in the governmental fund statements. All liabilities, both current and long-term, are reported in the government-wide financial statements.
Accrued interest payable Bonds payable	

(97,422)
(4,350,000)	

(4,447,422)	
Net position of governmental activities	$	(1,842,191)	

See notes to the financial statements

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT CITY OF JACKSONVILLE, FLORIDA
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

General	Major Funds

Debt Service	
Capital Projects	Total Governmental
Funds	
REVENUES					
Assessments	$	83,337	$	408,002	$	-	$	491,339	
Interest income	217	1,174	1,357	2,748	
Total revenues	83,554	409,176	1,357	494,087	

EXPENDITURES
Current:
General government	47,971	-	-	47,971	
Maintenance and operations	35,218	-	-	35,218	
Debt service:
Principal	
-	
170,000	
-	
170,000	
Interest	-	242,950	-	242,950	
Total expenditures	83,189	412,950	-	496,139	
Excess (deficiency) of revenues over (under) expenditures	
365	
(3,774)	
1,357	
(2,052)	

OTHER FINANCING SOURCES (USES)					
Interfund transfers	-	(12,332)	12,332	-	
Total other financing sources (uses)	-	(12,332)	12,332	-	
Net change in fund balances	365	(16,106)	13,689	(2,052)	
Fund balances - beginning	40,163	494,337	57,341	591,841	
Fund balances - ending	$	40,528	$	478,231	$	71,030	$	589,789	

See notes to the financial statements

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT CITY OF JACKSONVILLE, FLORIDA
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

Net change in fund balances - total governmental funds	$	(2,052)	
Amounts reported for governmental activities in the statement of activities are different because:			
Depreciation of capital assets is not recognized in the  governmental fund statements but is reported as an expense in the statement of activities.		

(99,151)	
Repayment of long-term liabilities are reported as expenditures in the governmental fund statement but such repayments reduce liabilities in the statement of net position and are eliminated in the statement of activities.		

170,000	
The change in accrued interest on long-term liabilities between the current and prior fiscal year is recorded in the statement of activities  but not in the fund financial statements.		

3,807	
Change in net position of governmental activities	$	72,604	

See notes to the financial statements

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT CITY OF JACKSONVILLE, FLORIDA
NOTES TO FINANCIAL STATEMENTS

NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY

Cedar Pointe Community Development District ("District") was created on November 16, 2004 by Ordinance 2004-970-E of the City of Jacksonville, Florida, pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.

The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.

The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected by the owners of the property within the District. The Board exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes. At September 30, 2019, three of the Board members are affiliated with ICI Homes (“Developer”).

The Board has the final responsibility for:
Assessing and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District is considered to be financially accountable and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements

The basic financial statements include both government-wide and fund financial statements.

The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.

The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment. Operating-type special assessments for maintenance and debt service are treated as charges for services and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures are recorded when a liability is incurred, as under accrual accounting; however, debt service expenditures are recorded only when payment is due.

Assessments
Assessments are non-ad valorem assessments on all assessable property within the District. Assessments are levied to pay for the operations and maintenance and debt service of the District. The fiscal year for which annual assessments are levied begins on October 1 and, if collected using the Uniform Method of Collection, with discounts available for payments through February 28 and become delinquent on April 1. Alternatively, the District adopts a resolution providing for the collection dates and directly collects the assessments.

The District reports the following major governmental funds:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.

Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.

Capital Projects Fund
This fund accounts for the financial resources to be used for the acquisition or construction of major infrastructure within the District.

As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements.

When both restricted and unrestricted resources are available for use, it is the District’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.

Assets, Liabilities and Net Position or Equity

Restricted Assets
These assets represent cash and investments set aside pursuant to Bond covenants or other contractual restrictions.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)

Deposits and Investments
The District’s cash on hand and demand deposits are considered to be cash and cash equivalents.

The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section
218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:

The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.

Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due. In addition, surplus funds may be deposited into certificates of deposit which are insured and any unspent Bond proceeds are required to be held in investments as specified in the Bond Indenture.

The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.

Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 (amount not rounded) and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair market value at the date of donation.

The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend asset lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are completed and placed in service.

Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:

Assets	Years
Water control and other	25
Unearned Revenue
Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized ratably over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.

In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.

Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.

The District can establish limitations on the use of fund balance as follows:

Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.

Assigned fund balance – Includes spendable fund balance amounts that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.

The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.

Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Other Disclosures

Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 – BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for the general fund. All annual appropriations lapse at fiscal year end.

The District follows these procedures in establishing the budgetary data reflected in the financial statements.

Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
A hearing conducted to obtain public comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriation for annually budgeted funds lapse at the end of the year.

NOTE 4 – DEPOSITS AND INVESTMENTS

Deposits
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.

Investments
The District’s investments were held as follows at September 30, 2019:

	Amortized Cost	Credit Risk	Maturities	
Investment in Local Government Surplus			Weighted average of the	
Funds Trust Fund (Florida PRIME)	$	8,293	S&P AAAm	portfolio: 37 days	
US Bank Mmkt 5 - Ct	466,108	N/A	N/A	
Total Investments	$	474,401			

Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.

NOTE 4 – DEPOSITS AND INVESTMENTS (Continued)

Investments (Continued)
Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.

However, the Bond Indenture limits the type of investments held using unspent proceeds.

Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.

These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.

The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.

Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. For external investment pools that qualify to be measured at amortized cost, the pool’s participants should also measure their investments in that external investment pool at amortized cost for financial reporting purposes. Accordingly, the District’s investments have been reported at amortized cost above.

NOTE 5 – INTERFUND TRANSFERS

Interfund transfers for the fiscal year ended September 30, 2019 were as follows:

	Transfers In	Transfers Out	
Debt service fund	$	-	$	12,332	
Capital project fund	12,332	-	
	$	12,332	$	12,332	

Transfers are used to move revenues from the fund where collection occurs to the fund where funds have been reallocated for use. In the case of the District, transfers from the debt service fund to the capital projects fund were made in accordance with the Bond Indentures.

NOTE 6 – CAPITAL ASSETS

Capital asset activity for the fiscal year ended September 30, 2019 was as follows:

Beginning	Ending

Balance	Additions	Reductions	Balance
Governmental activities
Capital assets, not being depreciated
Construction in progress	$	825,638	$	-	$	-	$	825,638
Total capital assets, not being depreciated

Capital assets, being depreciated	825,638	-	-	825,638	
Water control and other	2,478,767	-	-	2,478,767	
Total capital assets, being depreciated	2,478,767	-	-	2,478,767	
Less accumulated depreciation for: Water control and other	

1,189,812	

99,151	

-	

1,288,963	
Total accumulated depreciation	1,189,812	99,151	-	1,288,963	
Total capital assets, being depreciated, net	1,288,955	(99,151)	-	1,189,804	
Governmental activities capital assets	$ 2,114,593	$	(99,151)	$	-	$ 2,015,442	

Depreciation expense was allocated to maintenance and operations.
The total projected cost of the infrastructure has been estimated at approximately $8.9 million, of which approximately $6.1 million is to be financed with the proceeds from the issuance of Bonds with the remainder to be funded by the Developer. In the prior years, the District has conveyed improvements totaling approximately $2.06 million to other governmental entities. Certain additional improvements are expected to be conveyed to other governmental entities in subsequent fiscal years.
In connection with the 2005 project, the District established a deferred cost investment account reported in the capital projects fund. In the event there are certain excess revenues, they are to be transferred from the debt service to the capital projects fund and used to repay funds advanced for the project or for the purchase of additional components. However, if funds in the account are not needed for that purpose they are to be transferred to the debt service fund and used to redeem outstanding related debt. At September 30, 2019, there is a balance of $68,729 in the deferred cost account. The District has not yet determined if a liability exists for deferred obligations/costs.

NOTE 7 – LONG-TERM LIABILITIES

On June 1, 2005, the District issued $6,090,000 of Capital Improvement Revenue Bonds, Series 2005A. The Bonds are due May 1, 2035 with a fixed interest rate of 5.375%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1, commencing November 1, 2005 and the principal is to be paid annually on each May 1, commencing May 1, 2006.

The Series 2005A Bonds are subject to redemption at the option of the District prior to maturity. The Bonds are also subject to extraordinary mandatory redemption prior to maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.

The Bond Indenture established a debt service reserve requirement and has certain restrictions and requirements relating principally to the use of proceeds and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements.

NOTE 7 – LONG-TERM LIABILITIES (Continued)

Changes in long-term liability activity for the fiscal year ended September 30, 2019 were as follows:

Beginning	Ending	Due Within

Balance	Additions	Reductions	Balance	One Year

$	4,520,000	$	-	$	170,000	$	4,350,000	$	175,000	
$	4,520,000	$	-	$	170,000	$	4,350,000	$	175,000	

Governmental activities Series 2005A Bonds
Total

At September 30, 2019, the scheduled debt service requirements on the long-term debt were as follows:

Governmental Activities
Year ending
September 30:	Principal	Interest	Total
2020	$	175,000	$	233,813	$	408,813	
2021	185,000	224,406	409,406	
2022	195,000	214,463	409,463	
2023	210,000	203,981	413,981	
2024	220,000	192,694	412,694	
2025-2029	1,285,000	773,463	2,058,463	
2030-2034	1,685,000	387,806	2,072,806	
2035	395,000	21,231	416,231	
	$	4,350,000	$	2,251,857	$	6,601,857	

NOTE 8 – DEVELOPER TRANSACTIONS AND CONCENTRATION

The Developer owns a portion of land within the District; therefore, assessment revenues in the general and debt service funds include the assessments levied on those lots owned by the Developer. The District’s activity is dependent upon the continued involvement of the Developer, the loss of which could have a material adverse effect on the District’s operations.

NOTE 9 – MANAGEMENT COMPANY

The District has contracted with a management company to perform management advisory services, which include financial and accounting advisory services. Certain employees of the management company also serve as officers (Board appointed non-voting positions) of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, and other administrative costs.

NOTE 10 – RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims during the past three years.

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT CITY OF JACKSONVILLE, FLORIDA

SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

Budgeted Amounts Original & Final	

Actual Amounts	Variance with Final Budget - Positive
(Negative)	
REVENUES				
Assessments	$	83,425	$	83,337	$	(88)	
Interest income	-	217	217	
Total revenues	83,425	83,554	129	

EXPENDITURES
Current:
General government	71,175	47,971	23,204	
Maintenance and operations	22,250	35,218	(12,968)	
Total expenditures	93,425	83,189	10,236	
Excess (deficiency) of revenues over (under) expenditures	
(10,000)	
365	
10,365	

OTHER FINANCING SOURCES				
Carry forward surplus	10,000	-	(10,000)	
Net change in fund balances	$	-	365	$	365	
Fund balance - beginning		40,163		
Fund balance - ending		$	40,528		

See notes to required supplementary information

CEDAR POINTE COMMUNITY DEVELOPMENT DISTRICT CITY OF JACKSONVILLE, FLORIDA
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the General Fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2019.

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951 Yamato Road ▪ Suite 280 Boca Raton, Florida  33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Cedar Pointe Community Development District City of Jacksonville, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Cedar Pointe Community Development District, City of Jacksonville, Florida (“District”) as of and for the fiscal year ended September 30, 2019, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated June 24, 2020.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

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Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

June 24, 2020

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951 Yamato Road ▪ Suite 280 Boca Raton, Florida  33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

To the Board of Supervisors
Cedar Pointe Community Development District City of Jacksonville, Florida

We have examined Cedar Pointe Community Development District, City of Jacksonville, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida during the fiscal year ended September 30, 2019. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2019.

This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Board of Supervisors of Cedar Pointe Community Development District, City of Jacksonville, Florida and is not intended to be and should not be used by anyone other than these specified parties.

June 24, 2020

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951 Yamato Road ▪ Suite 280 Boca Raton, Florida  33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA

To the Board of Supervisors
Cedar Pointe Community Development District City of Jacksonville, Florida

Report on the Financial Statements

We have audited the accompanying basic financial statements of Cedar Pointe Community Development District, City of Jacksonville, Florida ("District") as of and for the fiscal year ended September 30, 2019, and have issued our report thereon dated June 24, 2020.

Auditor’s Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.

Other Reporting Requirements

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated June 24, 2020, should be considered in conjunction with this management letter.

Purpose of this Letter

The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:

Current year findings and recommendations.
Status of prior year findings and recommendations.
Compliance with the Provisions of the Auditor General of the State of Florida.

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Cedar Pointe Community Development District, City of Jacksonville, Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Cedar Pointe Community Development District, City of Jacksonville, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements, and the courtesies extended to us.

June 24, 2020

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REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS

None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None

COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.

There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2018.

Any recommendations to improve the local governmental entity's financial management.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2019.

Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2019.

The name or official title and legal authority of the District are disclosed in the notes to the financial statements.

The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.

We applied financial condition assessment procedures and no deteriorating financial conditions were noted as of September 30, 2019. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

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