Campo Bello Community Development District

February 21, 2020

Campo Bello
Community Development District

5385 N. Nob Hill Road, Sunrise, Florida 33351 Phone: 954-721-8681 - Fax: 954-721-9202

February 13, 2020

Board of Supervisors Campo Bello
Community Development District
Dear Board Members:
The regular meeting of the Board of Supervisors of Campo Bello Community Development District will be held on February 21, 2020 at 10:00 a.m. at Lennar Homes, 730 NW 107th Avenue Suite 300, Miami, Florida. Following is the advance agenda for this meeting.
Roll Call

Organizational Matters
Acceptance of Resignation Letter from Ms. Alexi Haas

8. Consideration of Appointment of Supervisor to Unexpired Term of Office - Seat #5 (11/2021)

Oath of Office for Newly Appointed Supervisor

Election of Officers

Approval of Minutes of the August 16, 2019 and September 16, 2019 Meetings

Acknowledgement of Grant of Easement

Financing Matters
Consideration of Supplemental Engineers Report

Consideration of Supplemental Assessment Methodology

Consideration of Resolution #2020-01 Declaring Special Assessments
Consideration of Resolution #2020-02 Calling for Public Hearing to Impose Special Assessments

Consideration of Resolution #2020-04 Approving the Proposed Fiscal Year 2021 Budget and Setting the Public Hearing

Staff Reports
Attorney

Engineer

Manager

Financial Reports
Approval of Funding Requests #5, #6, & #7
Balance Sheet

Supervisors Requests and Audience Comments

Adjournment

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

Date
r	I

I

I, Alexi Haas wish to resign from the Board of Supervisors for the C' mpo Bello CDD where I was serving as Assistant Secretaiy, effective:	(J /{}.°I (1	.

MINUTES OF THE MEETING CAMPO BELLO
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Campo Bello Community Development District was held on Friday, August 16, 2019 at 10:00 a.m. at Lennar Homes, 730 NW 107th Avenue, Suite 300, Miami, Florida.

Present and constituting a quorum were:

Carmen Herrera Yolexys Perez Alexi Haas

Also present were:

Michael Pawelczyk Luis Hernandez

Assistant Secretary Assistant Secretary Assistant Secretary

District Counsel District Manager

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

SECOND  ORDER OF BUSINESS	Approval of the Minutes of
the June 21, 2019 Meeting
Mr. Hernandez: The first item on the agenda for the Board to consider is the minutes of the June 21, 2019 meeting. This would be the time to make any changes, corrections, additions or deletions. If there are none, a motion to approve would be in order.

On MOTION by Ms. Perez seconded by Ms. Haas with all in favor, the Minutes of the June 21, 2019 Meeting were approved.

August16,2019	Campo Bello CDD

THIRD ORDER OF BUSINESS	Consideration of Agreement
with Ford Engineers, Inc. to serve as District Engineer
Mr. Hernandez: Moving on we have consideration of the agreement with Ford Engineers to serve as the District engineer. As the Board already knows, Ford has been appointed to be the District engineer. At this point it would be appropriate for a motion to approve the agreement with Ford Engineers and by doing so authorizing the appropriate officials to execute the document.

On MOTION by Ms. Perez seconded by Ms. Haas with all in favor, accepting the agreement with Ford Engineers, Inc. to serve as District Engineer and authorizing the proper District officials to execute the document was approved.

FOURTH ORDER OF BUSINESS

Consideration of Resolution #2019-22 Authorizing District Staff to File a Petition with Miami-Dade County to Expand the Boundaries of the District

Mr. Hernandez: Moving on, we have consideration of resolution #2019-22 authorizing District staff to file a petition with Miami-Dade County to expand the boundaries of the District. Is there any further explanation on that resolution Mr. Pawelczyk?
Mr. Pawelczyk: No, I know we've been working with the developer on this to add the area described in the resolution itself, and this would just authorize us to file that petition with the county and start the process. It's basically the Board's authorization to expand, the COD Board's authorization to expand the boundaries, so unless there's any questions a motion to approve that resolution would be in order.

On MOTION by Ms. Perez seconded by Ms. Haas with all in favor, Resolution #2019-22 authorizing District staff to file a petition with Miami-Dade County to expand the boundaries of the District was approved.

FIFTH ORDER OF BUSINESS	Staff Reports
Mr. Hernandez: Moving on, we have staff reports, Mr. Pawelczyk?

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August 16, 2019	Campo Bello CDD

Attorney - Discussion of 2019 Legislative Update Memorandum
Mr. Pawelczyk: Yes, so you will see in your book is our legislative update we do every year, I'm not sure if I've ever given an overview to a Lennar Board yet but, I'll keep this brief because you guys can obviously read it. If there's any of these 6 laws that you want me to expand upon let me know. The first deals with the establishment of the District, and basically when we do petitions to establish a District now, we ask the developer, are there any properties in the area that you might want to add in the future or could be added in the future, and then those properties will be listed. You still need consent of the landowner just to list it, and then down the road if Lennar for instance were to buy th_at parcel from that property owner, it's basically an abbreviated process to go through the county, no filing fee to expand the boundaries. So, we have discussed this with Carolina and Teri, so they're aware of it, Ginger Wald in my office always asks the questions now when you all create a District as to whether there's any potential expansion of that District in the future. The second one deals with the auditor selection process, it just changes a little bit the way the selection committee is established, we always, in this District appoint the Board as the selection committee so there's no issue. This law just restricts who can be on that selection committee if they're non-Board members, for instance you can't have the, and let's use a city for example, you can't use the city manager, and the finance director cannot be on the auditor selection committee. They can go to the meeting, and make recommendations but they can't be part of that committee. The next one creates a new exemption from public meeting requirements, this is for, I like to say water and sewer utilities, if at the public meeting you're talking about dated technology and whatnot, that's now exempt from disclosure, basically you can have the meeting in private, but you have to record the meeting and then keep the record of that meeting in a safe location, it's exempt from public disclosure, and that's really to prevent hacking into the utility system, and you'd think they would have adopted a law like that 10 years ago, so they're a little bit behind the times. The next one deals with financial disclosure requirements, this law mandates that the Commission on Ethics implement a system whereby we will no longer be dealing with the Supervisor of Elections. In other words, you would send your Form 1 directly to the Commission on Ethics and the system is supposed to be in place by 2023, I guess it takes 3 ½ years to change a website. So,

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August16,2019	Campo Bello CDD

we'll let you know when this goes into effect but, you should be able to just go on the website, fill out the information, click on "I accept" with an electronic signature type of thing, and send it right in and it should immediately show that you're in compliance, so it will make it just a little bit easier. The next one deals with impact fees and this is really a developer item that your people probably already know about. This amends a portion of Chapter 163 to prohibit local governments from collecting impact fees prior to the issuance of building permits, and it revised the minimum requirement for the adoption of impact fees by basically codifying a Dual Rational Nexus Test, which is a test used to determine whether the impact is a valid impact fee. So, basically, they can't require impact fees until they issue a building permit. The next one is the one that's been of most interest to my residential Districts, this one deals with tree permits through municipalities and counties. This now prohibits local governments from requiring notices, applications, approvals, permits, fees or mitigation for the pruning, trimming or removal of trees from residential property if the property owner has obtained documentation from a certified arborist or a licensed landscape architect that the tree presents a danger to persons or property. So, it definitely applies to your individual property, and my property, but whether or not it applies to the COD property, or HOA property we don't know because it does say residential property. So, does that mean residential zoned property, or a residential unit, it's not really specific. I would think it's more towards a residential unit, but we're monitoring this to see how this is interpreted by local governments as they amend their tree ordinances, etc. we'll keep the Board informed as that Statute is updated. The other item of interest in that Statute which I should mention because it could be a developer issue is, actually I don't have it on hand, just give me one second. Actually, I'll bring it up at the San Simeon meeting so we don't delay this one.
Mr. Hernandez: Ok perfect.
Mr. Pawelczyk: But it had something to do with FPL and their trimming the trees, and I'll bring that up at the next meeting without going through the entire report again.
Mr. Hernandez: Thank you very much, unless anyone has any questions for Mike we can move to the next item.

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August 16, 2019	Campo Bello CDD

Engineer
Mr. Hernandez: There is nothing to be presented at this point from the engineer.

Manager
Mr. Hernandez: As for the manager, I do want to highlight the fact that we don't have any designated chairman or vice chairman to execute documents today, so what is recommended at this point is for the three of you to elect one of you, and appoint that person to be the one assigned to sign documents for the meeting today.
Mr. Pawelczyk: Well, what documents do we have?
Mr. Hernandez: We have the agreement and we have the minutes.
Mr. Pawelczyk: Ok, well the Board could also specifically authorize a Board member to sign, because I don't want to say, if they appoint you only as chairman, so I think a motion to elect Yolexys as the chairman for purposes bf the meeting today and to further authorize her to execute the agreement, the minutes and the resolution that were previously approved in today's meeting would be in order.

Mr. Hernandez: By saying "so moved" you have agreed with what Mr. Pawelczyk has just described.

On MOTION by Ms. Haas seconded by Ms. Herrera with all in favor, electing Yolexys Perez as the chairman for purposes of today's meeting and also authorizing her to execute the agreement, the minutes, and the resolution that were previously approved in the meeting was approved.

Mr. Pawelczyk: And you would just sign as an assistant secretary. Mr. Hernandez: That's correct.

SIXTH ORDER OF BUSINESS
Approval of Funding Request #3
Balance Sheet

Financial Reports

Mr. Hernandez: Moving on, you have in section 6 financial reports. The first item that you will find would be approval of funding request #3. Unless anyone has any questions, a motion to approve funding request #3 would be in order.

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August 16, 2019	Campo Bello CDD

On MOTION by Ms. Perez seconded by Ms. Haas wm1 a favor, accepting funding request #3 was approved.

Mr. Hernandez: We also have included the balance sheet that you find behind tab
Unless anyone has any questions, a motion to accept the balance sheet would be in order.

On MOTION by Ms. Perez seconded by Ms. Haas with all in favor, accepting the Balance Sheet was approved.

SEVENTH  ORDER OF BUSINESS	Supervisors	Requests	and
Audience Comments

Mr. Hernandez:   Are there any Supervisors  requests  at this time?   Not hearing  any, I just want to indicate for the record that we have no audience here today.

EIGHTH  ORDER OF BUSINESS	Adjournment
Mr. Hernandez: Unless anyone has any other District business to discuss, a motion to adjourn would be in order.

On MOTION by Ms. Perez seconded by Ms. Haas with all in favor, the Meeting was adjourned.

Secretary /Assistant Secretary	Chairman / Vice Chairman

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MINUTES OF THE MEETING CAMPO BELLO
COMMUNITY DEVELOPMENT DISTRICT

The special meeting of the Board of Supervisors of the Campo Bello Community Development District was held on Monday, September 16, 2019 at 3:00 p.m. at Lennar Homes, 730 NW 107th Avenue, Suite 300, Miami, Florida.

Present and constituting a quorum were:

Carolina Herrera Teresa Saluja Carmen Herrera Vanessa Perez

Also present were:

Michael Pawelczyk Luis Hernandez

Assistant Secretary Assistant Secretary Assistant Secretary Assistant Secretary

District Counsel District Manager

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

SECOND  ORDER OF BUSINESS	Organizational Matters
Acceptance of Resignation letter from Ms. Yolexys Perez
Mr. Hernandez: The first item that the Board needs to consider is acceptance of resignation letter from Ms. Yolexys Perez.

On MOTION by Ms. Saluja seconded by Ms. Carolina Herrera with all in favor, accepting the resignation letter from Ms. Yolexys Perez was approved.

Consideration of Appointment of Supervisor to Unexpired Term of Office (11/2021)
Oath of Office for Newly Appointed Supervisor
Mr. Hernandez: Now the Board has a vacancy, and that would be seat #3, does the Board have anyone they would like to appoint for that seat?

September 16, 2019	Campo Bello CDD

Ms. Saluja: I would like to appoint Vanessa Perez.
Mr. Hernandez: Perfect, I have a nomination with a motion to appoint Vanessa Perez, do I have anyone seconding that motion?
Ms. Carolina Herrera: Second.

On MOTION by Ms. Saluja seconded by Ms.  Carolina  Herrera with all in favor, appointing Vanessa Perez to fill the unexpired  term of office, seat #3 was approved.

Mr. Hernandez: Now I need to administer the oath of office, and Carolina if you need to leave now you can do so.
Ms. Carolina Herrera: I'm good, thank you.
Mr. Hernandez: So, the oath of office, I do want to indicate for the record that you are serving on other Districts, so I'm not skipping over some of the steps, it's just that you are familiar with the process. With that being said, let's go forward with the oath of office. After I say the word "I" you would just indicate your name for the record, and at the end I need you to express by any means you wish to express, that you agree with the statement that I have just passed on to you, so "I".
Ms. Perez: "Vanessa Perez"
Mr. Hernandez: A resident of the State of Florida and citizen of the United States of America, being a Supervisor of the Campo Bello Community Development District and recipient of public funds on behalf of the District, do hereby solemnly swear or affirm that I will support the Constitution of the United States and of the State of Florida, and will faithfully,. honestly, and impartially discharge the duties devolving upon me in the office of Supervisor of the Campo Bello Community Development District, Miami­ Dade County, Florida.
Ms. Perez: "I agree."
Mr. Hernandez: Thank you very much. We can take care of everything else
later.

Election of Officers
Mr. Hernandez:	Moving on, every time there is a new appointment the Board needs to revise the slate of officers. Prior to the appointment Carolina Herrera was the

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September 16, 2019	Campo Bello CDD

chairman, Teresa Saluja was the vice chairman, and the remainder of the individuals were assistant secretaries, and at this point you can either rearrange them, or put Vanessa Perez in as an assistant secretary, it's really up to the Board.
Ms. Saluja: Let's just put Vanessa as assistant secretary.
Mr. Hernandez: Perfect. So, for clarity  of  the  record,  it  would  be  Carolina Herrera as chairman, Teresa Saluja as vice chairman, Vanessa Perez, Carmen Herrera and Alexi Haas as assistant secretaries, Patti Powers  will continue  to be the treasurer, Luis Hernandez as secretary,  and Rich Hans as  an assistant  secretary.  With  a motion  to elect the slate of officers I just read would be in order.

On MOTION by Ms. Saluja seconded by Ms. Carmen Herrera with all in favor, Election of Officers, keeping the existing slate of officers and adding Vanessa Perez as an assistant secretary as stated on the record by Luis Hernandez was approved.

THIRD ORDER OF BUSINESS	Consideration of Documentation
Related to Series 2019 Bonds
Supplemental Engineers Report
Supplemental Assessment Methodology for Series 2019 Bonds C.Acquisition Agreement
Completion Agreement
Collateral Assignment and Assumption of Development Rights
Lien of Record
True-up Agreement
Declaration of Consent to Jurisdiction of Campo Bello CDD Imposition of Special Assessments and Imposition of Lien of Record
Master Trust Indenture and Supplemental Trust Indenture
Grant of Easement
Mr. Hernandez: So, that has been taken care of, now we can move on to consideration of documents related to the Series 2019 Bonds. I have provided you with copies and first you have a copy of the supplemental engineer's report. I know that George Graupera is available on the phone if anyone wants to hear his explanation, we can call him. Basically, what this supplemental engineer's report deals with is the annexed parcel, the 1.44 acres and the costs for that annexed parcel. So, unless anyone has any questions, a motion to approve the supplemental engineers report dated September 16, 2019 would be in order.

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September 16, 2019	Campo Bello CDD

dated	September	16,	2019	was

Report

Engineers approved.

On MOTION by Ms. Baluja seconded by Ms. Carmen Herrera with all in favor, accepting the Supplemental

Mr. Hernandez: Now the supplemental assessment methodology, I tried to make things a little bit more complicated because I didn't want to omit completely the previous area, so if you go to the tables, table 1 presents what I have, called the main site and what I have called the annexed site, so that if anyone wants to see what is taking place in the entire community, they will be able to see it and define it. Instead of having 470 as originally was anticipated, with the annexed area now we're increasing that by 17 units, which means that at this point it's intended to have 487 residential units. Now, based on that we can determine what would be the cost and I'm still kind of keeping them separate so that people can identify what is the cost for the current plan and what is the cost for the annexed part, but keep in mind at the end of the day it's just a total which is $10,288,963, is what is going to be needed to finalize this construction. If you go to table 3, what I do with that table is based on the bond sizing the District can estimate and determine how much construction funds will be available with this bond sizing. All these numbers correlate and match what the developer has agreed with Miami-Dade County so we are at the point that it's not only how much money is needed but, it's how much money can be issued depending upon interest rates, and the amount that has been disclosed to Miami-Dade County. Table 4 describes what the total cost of the project is, meaning what would be the cost of the public improvements, while table 5 allocates the cost of the bond issuance, once again, the important part is that the annual net assessment per unit corresponds and matches what was being described to Miami­ Dade County. Finally, you see the summary of the assessment roll which is basically the folios and the allocation of the debt and principal and finally table 7 presents the tax roll allocation which is what would be the assessment that would be levied to each one of the folios as it is platted right now.
Mr. Pawelczyk: Have you gone through the assessment proceedings for that supplemental area for that expansion?
Mr. Hernandez: Yes, we have.

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September 16, 2019	Campo Bello COD

Mr. Pawelczyk: Ok, I just wanted to make sure.
Mr. Hernandez: With all that being said, at this point the only part that would be necessary would be approval of the supplemental assessment methodology report for the Series 2019 Bonds.

On MOTION by Ms. Saluja seconded by Ms. Carmen Herrera with all in favor, accepting the Supplement Assessment Methodology report for the Series 2019 Bonds was approved.

Mr. Hernandez: Moving on, the next item that we have is the acquisition agreement, Mike?
Mr. Pawelczyk: Sure. So, this is for the Series 2019 Bonds which essentially covers all the areas, right Luis?
Mr. Hernandez: Yes.
Mr. Pawelczyk: Because we waited, we decided to wait, so  what's  going  to happen is, once the petition to expand the boundaries is approved, and correct me if I'm wrong because I don't want to get confused, these agreements would then apply to the expansion areas because it hasn't been approved yet. So, we're  anticipating  that  it's going to be approved because we're adding less than 2 acres or something like that.
Mr. Hernandez: Correct.
Mr. Pawelczyk: Or around 2 acres, so the agreements have been drafted contemplating that but, if it's not approved, it doesn't affect the documents themselves, and the bond documents are all drafted in a similar fashion and they were all discussed in the delegation resolution and that was approved at a prior meeting. So, the acquisition agreement just allows us to acquire the improvements once they're completed by CalAtlantic Group and the project that's described in the acquisition agreement is what you just approved in the engineer's report. So, it's our standard form of document, it's actually already been reviewed by bond counsel and developer's counsel, they've already commented on it but, that doesn't mean we won't have more comments before the closing. So, bond counsel's comments have not been implemented but they're not substantive to the nature where we'd have to bring it back to the Board. So, as we go through these a motion to approve the "blank" agreement in

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September 16, 2019	Campo Bello CDD

substantially final form would be in order, so unless there are any questions, I would take that motion on the acquisition agreement.

On MOTION by Ms. Saluja seconded by Ms. Carmen Herrera with all in favor, accepting the Acquisition Agreement in substantial final form as stated on the record was approved.

Mr. Pawelczyk: Completion Agreement, the same thing, Series 2019 Bonds, between the District and CalAtlantic Group, requires CalAtlantic to complete the project regardless of the amount of bonds that are issued. If we issue less amount of bonds than the total project costs to complete it, then the developer is basically on the hook to complete that as they are well aware. So, do we have a motion to approve the completion agreement in substantially finally form?

On MOTION by Ms. Saluja seconded by Ms. Carmen Herrera with all in favor, accepting the Completion Agreement in substantial final form as stated on the record was approved.

Mr. Pawelczyk: The next item is the collateral assignment and assumption of development rights and this is the document that we hope never has to be, has to kind of take effect, and this means that the project is pretty much gone belly up because the primary landowner, which would be the developer, is not paying the assessments so this really protects the District and the bondholders. It's a required document to make sure that in the event that unfortunate thing does happen, the development rights of the developer get assigned to the District and the bondholders so we can complete the project basically. So, do we have a motion to approve the collateral assignment in substantially final form?

On MOTION by Ms. Saluja seconded by Ms. Carmen Herrera with all in favor, accepting the Collateral Assignment and Assumption of Development Rights in substantial final form as stated on the record was approved.

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September 16, 2019	Campo Bello CDD

Mr. Pawelczyk: Next is the lien of record for the District, this is a little bit different than what we usually do because  there are two  assessment  areas that are referenced  on the lien of record, one is the expansion area, or the annexation area, and the other is basically the main boundary of the District, the original boundary. So, this allows us to impose that lien of record on the assessable property,  and  then  with  the  annexation area once those assessments are finalized, we're just putting people on notice that assessment would be forthcoming, we would probably do another lien of record subsequent to that once the assessments are done.
Mr. Hernandez: Yes.
\
Mr. Pawelczyk: Everybody seems to be happy with this form, so do we have a motion to approve the lien of record in substantially form?

On MOTION by Ms. Baluja seconded by Ms. Carmen Herrera with all in favor, accepting the Lien of Record in substantial final form as stated on the record was approved.

Mr. Pawelczyk: Next is the True-up Agreement, this is between the District and CalAtlantic, in the unfortunate event that the developer doesn't build the number of units it said it's going to build, someone is going to have to pay the assessments on those units that are not built, so this requires a true-up upon platting, re-platting, site plan changes, that kind of stuff, and the declaration of condominium being recorded. So anytime those things are triggered, management looks at it and determines if a true-up is needed, and this is the same form we've been utilizing in the last several Districts, so do we have a motion to approve the true-up agreement in substantially final form?

On MOTION by Ms. Baluja seconded by Ms. Carmen Herrera with all in favor, accepting the True-up Agreement in substantial final form as stated on the record was approved.

Mr. Pawelczyk: Last, and certainly not least is the document that does not require action by the Board but it's in here, it's the declaration of consent to jurisdiction that's signed by the developer at the pre-closing, we just put it in there just as an FYI.

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September 16, 2019	Campo Bello CDD

So that's all I have regarding the ancillary documents, except we have one other item which is unrelated to the Series 2019 Bonds, I mean it's kind of related but unrelated to that. We were advised by the developer that a drainage easement is needed over certain property whereby the developer is giving the District a drainage easement at no cost and Luis has copies of it available. This is the form of that drainage easement, and rather than wait until the last minute, we talked with John Marcus and we kind of said let's just get it approved now, and then once it's signed and recorded, we'll bring it back and ratify it. So, this is a grant of easement being granted by CalAtlantic to the Campo Bello COD and it is purely for drainage purposes and I believe it's under rights-of-road, rights-of-way. So, if I could have a motion to approve that grant of easement in substantially final form as presented, that would be great.

On MOTION by Ms. Baluja seconded by Ms. Carmen Herrera with all in favor, accepting the Grant of Easement in substantial final form as stated on the record was approved.

Ms. Baluja: So, do you need a motion to not only approve in substantial final form but authorize the District?
Mr. Hernandez: The District does not need to sign it.
Mr. Pawelczyk: No, we just wanted  to approve  it,  meaning  we're  accepting  it, I've already spoken with John Marcus on this. As an FYI, he sent an opinion of title this morning that we have to look at, so I really suspect  this  is going  to get wrapped  up  within the next day or two because I'll look at that tonight.
Ms. Baluja: Ok.
Mr. Pawelczyk: So, that's all I have Luis.
Mr. Hernandez: Not related to the entire process and just for people to be aware of, I have brought copies of the master trust indenture and the first supplemental trust indenture. You have already accepted these documents at the time you approved the resolution from the bond counsel, but in case someone wants to read them, I just have them available.

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September 16, 2019	Campo  Bello CDD

FOURTH ORDER OF BUSINESS	Supervisors   Requests and
Audience Comments
Mr. Hernandez: Moving on, are there any Supervisors requests at this time? Not hearing any, I just want to indicate for the record that we have no audience here today.

FIFTH ORDER OF BUSINESS	Adjournment
Mr. Hernandez:	With all that being said, unless anyone has any other District business to discuss, a motion to adjourn would be in order.

On MOTION by Ms. Saluja seconded  by  Ms.  Carmen Herrera with all in favor, the MeetinQ was adjourned.

Secretary /Assistant Secretary	Chairman / Vice Chairman

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This instrument prepared by and after recording return to:

Jonathan S. Marcus, Esq. Holland & Knight LLP
515 East Las Olas Boulevard, Suite 1200 Fort Lauderdale, FL 33301

Property ID# Portions of 	_

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OR BK 31619 Pss 1540-1554 C15Pgs) RECOROED 09/24/2019 13g0 -:37 DEED DOC TAX S0.60
. SUfff' ti:{ !l-0,. ,\.!5
HARVEY RUVIN,' CLEW{ OF COURT
f\IAflI···l)ADF COUt l-,f F\._ORIDA
l1111111111111111 ilill 1111111111 lllll JIii 1111

GRANT OF EASEM.ENT

This	GRANT	OF   EASEMENT,	is   entered   into	this	/'I'll{	day   of
"76{)  6/(_,,.	,  2019, by CALATLANTIC	GROUP, INC.,	a Delaware
corporation, whose mailing address is 730 SW 107th Avenue, 3rd Floor, Miami, Florida, hereinafter referred to as the "GRANTOR".

WITNESSETH:

The GRANTOR has granted and does hereby grant to the CAMPO BELLO COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government organized under and pursuant to Chapter 190, Florida Statutes, whose mailing address is: c/o Governmental Management Services-South Florida, LLC, 5385 N. Nob Hill Road, Sunrise, Florida 33351, hereinafter referred to as the "GRANTEE", its successors and assigns, a perpetual non-exclusive easement (the "Easement") for the following: drainage purposes, including, but not limited to, the right to construct, reconstruct, lay, install, operate, maintain, relocate, repair, replace, improve, remove, and inspect exfiltration trenches, pipes, other drainage facilities, and all appurtenances thereto, with full right of ingress thereto and egress therefrom, on, over, under, across, and through the real property owned by the GRANTOR, described as follows (the "Easement Property"):

See Exhibit "A" attached hereto and made a part hereof

The GRANTOR does hereby fully warrant to the GRANTEE, its successors and assigns, that the GRANTOR has good title to the Easement Property and that it has full power and authority to grant this Easement.

1

-,

IN WITNESS WHEREOF, the GRANTOR has hereunto  set its hand  and  seal the year and day first above written:

GRANTOR:

WITNESSES:

Name-:-

corporation

By:		 Name:	&r€ 
Title:	V ;c:.e,	-------

STATE OF FLORIDA	)
)ss: COUNTY OF MIAMI-DADE	)

The   foregoing  instrument   was	cknowledged   before   me  this  _i 	f day of
 r,	2019, by	M_	 vL--  , as Vice President of CALATLANTIC

known to me or has produced a

.-	as identification.	-

-

OUP, INC., a Delaware	rporation, on behalf of the corporation,  who is personally

Notary7c,State of Florida

My Commission expires:

2

#70224383_vl

EXHIBIT "A"

CAMPO BELLO DRAINAGE EASEMENTS - PHASE 1 BLOCK 1:
The West 7.5 feet of lots 8 thru 14, inclusive, Block 1, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

The East 7.5 feet of lots 15 thru 21, inclusive, Block 1, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.
And

The North 5.0 feet oflot 16, Block 1, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

The South 5.0 feet oflot 20, Block 1, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida:

And

That portion of the South 5.0 feet oflot21, Block 1, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records ofMiami­ Dade County, Florida, lying Easterly of a line being 45 feet Southeasterly of and parallel with the Southeasterly right-of-way line of Homestead Extension of Florida's Turnpike - State Road No. 821 - as per Florida Department of Transportation right-of-way map Section 87005-2304 - sheet 11 of 15, in the Northeast 1/4 of Section 30, Township 56 South, Range 40 East, Miami-Dade county, Florida.

BLOCK 2:

The West 7.5 feet of lots 1 thru 12, inclusive, Block 2, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

3

The East 7.5 feet of lots 13 thrn 24, inclusive, Block 2, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

The North 5.0 feet oflot 15, Block 2, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

The North 5.0 feet oflot 21, Block 2, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

BLOCK 7:

The West 7.5 feet of lots 1 thru 12, inclusive, Block 7, _SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

The East 7.5 feet of lots 13 thru 24, inclusive, Block 7, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

The North 5.0 feet of lot 4, Block 7, SOUTH ALLAPATTAH GARDENS, according to_ the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida. Less the East 15 feet thereof.

And

The North 5.0 feet oflot 10, Block 7, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida. Less the East 15 feet thereof.

BLOCK 8:

The West 7.5 feet of the East½ of lot 3, Block 8, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami­ Dade County, Florida. Less North 10 feet thereof.

4

 		-,	 	       	

And

,I ,

The West 7.5 feet of lots 6 thru 14, inclusive, Block 8, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recordc:d in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

The East 7.5 feet of lots 15 thru 21, inclusive, Block 8, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

The South 5.0 feet of lot 9, Block 8, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida. Less the East 15 feet thereof.

And.

The South 5.0 feet oflot 12, Block 8, SOUTH ALLAPATTAH GARDENS, according  to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida. Less the East 15 feet thereof.

BLOCK 10:

The West 7.5 feet of lots 1 thru 12, inclusive, Block 10, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

The East 7.5 feet of lots 13 thru 23, inclusive, Block 10, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.
And	.

The North 5.0 feet oflot 15, Block 10, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

The North 5.0 feet oflot 21, Block 10, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

5

f

BLOCK 15

That portion of the West7.5 feetoflots 6, Block 15, SOUTHALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami­ Dade County, Florida, lying Easterly of a line being 45 feet Southeasterly of and parallel with the Limited Access Right-of-Way line of State Road No. 821, the Homestead Extension to Florida's Turnpike (Project No. 87005-2304), the above mentioned Limited Access Right-of-Way line being more particularly described as follows:

Begin at the Northeast comer of Lot 2 of Block 15; thence run S 42° 13' 35" W, along said Limited Access Right-of-Way line for a distance of 405.10 feet more or less, to a point on the West line of said Block 15, said point lying 269.86 feet North of the Southwest comer of said Block 15.

And

ThatportionoftheEast7.5 feetoflots 19, Block 15, SOUTHALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records ofMiami­ Dade County, Florida, lying Easterly of a line being 45 feet Southeasterly of and parallel with the Limited Access Right-of-Way line of State Road No. 821, the Homestead Extension to Florida's Turnpike (Project No. 87005-2304), the above mentioned Limited Access Right-of-Way line being more particularly described as follows:

Begin at the Northeast comer of Lot 2 of Block 15; thence run S 42° 13' 35" W, along said Limited Access Right-of-Way line for a distance of 405.10 feet more or less, to a point on the West line of said Block 15, said point lying 269.86 feet North of the Southwest comer of said Block 15.

And

The West 7.5 feet of lots 7 thru 12, inclusive, Block 15, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And

The East 7.5 feet of lots 13 thru 18, inclusive, Block 15, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

And
The South 5.0 feet oflot 7, Block 15, SOUTH ALLAPATTAH  GARDENS,  according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

6

And

The North 5.0 feet oflot 11, Block 15, SOUTH ALLAPATTAH GARDENS, according to the Plat thereof, recorded in Plat Book 25, Page 20, Public Records of Miami-Dade County, Florida.

7

,------

Supplemental Engineer's Report for Campo Bello Community Development District

Prepared For:

Board of Supervisors
Campo Bello Community Development District Miami-Dade County, Florida

September 16, 2019

Prepared by:

Ford Engineers, Inc.
1950 NW 94th Avenue, 2nd Floor Doral, Florida 33172

TABLE OF CONTENTS

OVERVIEW

ESTIMATED COSTS OF ANNEX BENEFITS

Ill.	CONCLUSION

EXHIBITS:

Exhibit "A" -Annexation Parcels
Exhibit "B" - Expanded District Boundary

2

,-----

OVERVIEW

This Supplemental Engineer's Report (the "Report") was prepared by Ford Engineers, Inc., as authorized by the Campo Bello Community Development District (the "District" or the "COD"). This Report supplements the District Engineering Report issued April 12th, 2019 (the "Original Report"). This Report includes the estimated value of improvements to benefit additional residential units located on nine parcels of land (the "Annex") that will be incorporated into the
District. These parcels are located within the current District boundaries and will be integrated into the overall system of improvements of the District, see Exhibit A.

Currently the District is planned for 440 duplex units and 30 single family units within approximately 43.2 acres. The District boundaries will be expanded to include 16 duplex units and 1 single family unit within approximately 1.44 acres of land. Once the District boundaries are expanded, the total Development will consist of 456 duplex units and 31 single family units, see Exhibit B.

The master Public Infrastructure Improvements to be financed by the District as noted in the Original Report remain unchanged, except to the extent modified by this Report.

EST/MATED COST OF BENEFITS
The estimated total cost of improvements to benefit the Campo Bello Community Development District Annex is $359,163. A summary breakdown of those costs by Development category is as follows:

Roadway Construction / Earthwork	$ 142,449.15	
Stormwater Management	$81,184.04	
Water Distribution	$57,177.87	
Sewage Collection System	$78,351.91	
TOTAL	$ 359.162.98	
*Infrastructure costs include 10% permitting and 10% contingency

3

Ill. CONCLUSION

The costs of the proposed improvements will be allocated to residential units within the Annex in the form of special assessments in accordance with the approved assessment methodology. Items of construction in this Report are based on quantities taken from contractor estimates and engineering plans. All public infrastructure Improvements constituting the Project will be purchased by the District at the lower of the cost of such improvements or its fair market value. The terms and provisions set forth in the Original Report are applicable to the public improvements described in this Report.

During development and implementation of the proposed improvements identified in this Report, it may be necessary to make some modifications and deviations to the improvements. If such deviations or modifications .do not change the overall primary objective of this Report, then such changes will not materially affect the Report.

4

 	

EXHIBIT A

ANNEXATION	PARCELS

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SUPPLEMENTAL ASSESSMENT METHODOLOGY

FOR SERIES 2019 BONDS

CAMPOBELLO

COMMUNITY DEVELOPMENT DISTRICT

September16,2019

Prepared by

Governmental Management Services-South Florida, LLC 5385 N. Nob Hill Road
Sunrise, FL 33351

CBCDD_SAMFS2019-082819-03

Introduction

The Campo Bello Community Development District (the "District") is a local unit of special-purpose government organized and existing under chapter 190, Florida Statutes as amended. The District will issue approximately $10,615,000* of special assessment bonds (for the purpose of fmancing certain infrastructure improvements within the District, more specifically described in the April 12, 2019 Engineer's Report (the "Original Engineer's Report"), as it was supplemented on September 16, 2019 (the "Supplemental Engineer's Report), prepared in both cases by Ford Engineers, Inc (the "District's Engineer" and together with the Original Engineer's Report the "Engineer's Report"). The Series 2019 Bonds (the "Series 2019 Bonds") will be issued to pay for a portion of the cost of the infrastructure improvements consisting of roadway improvements, stormwater management and drainage, water distribution system, sanitary collection system, and related costs (herein, the "Project" or "hnprovement Plan").

Purpose

This Supplemental Master Assessment Methodology Report (the "Report") provides a supplement to the Master Assessment Methodology Report dated April 12, 2019 (the "Master Methodology") that determines the amount of District debt to be allocated to specific prope1iies within the District benefitting from the hnprovement Plan to be acquired or constrncted by the District. The Project is being constructed as one system of improvements benefiting all the property within the boundaries of the District including the herein defmed annexed area .· when the annexation has been accomplished. This Report is designdd to conform to the requirements of Chapters 190 and 170, Florida Statutes. All capitalized te1ms not othe1wise defined herein shall have the meaning ascribed thereto in the Master Methodology.

Background
The District currently includes approximately 43.24 gross acres of land located in unincorporated Miami-Dade County (the "County"), Florida, as part of the hnprovement Plant as described on the Engineer's Report. The District boundaries will be expanded to include 1.44 gross acres of land as described on the Supplemental Engineer's Report (herein the "annexed Area"). The developed c01mnunity within the District will consist in total (after the annexation of the Annexed Are when the annexation is accomplished) of approximately 487 residential units currently anticipated as depicted in Table 1. The public improvements comprising the Project contemplated by the District will provide facilities that benefit the assessable property within the District including the Annexed Area when

*Preliminary, subject to change
CBCDD_SA!VIFS2019-082819-03	1

-,

 	

the annexation is accomplished. The acquisition costs for the Project are summarized in Table 2.

The assessment methodology is a three-step process. First, the District Engineer detennines the costs for the Project contemplated by the District. Second, this cost forms the basis for a debt sizing. Third, the bonded costs are divided among the benefited properties on the basis of benefit received as a result of the Project.

Assessment Methodology

Overview

The District anticipates the issuance of approximately $10,615,000* in Series 2019 Bonds to finance public infrastructure improvements comprising the Project, provide for capitalized interest, if so required, a debt service reserve account and cost of issuance. It is the purpose of this methodology to allocate the $10,615,000* in debt to the properties benefiting from the Improvement Plan.

Table 1 identifies the development plan as identified by the Developer, Calatlantic Group, Inc. (the "Developer"). The Engineer's Repott outlines the community wide capital improvements needed to support the Development, which are shown in Table 2. The· public improvements constituting the Project needed to support the development are described in detail in the Engineer's Report and are estimated to cost $9,929,800; additionally, the cost of the improvements for the Annexed Area is estimated in the Supplemental Engineer's Report to cost $359,162.98. Any portion of the Project not paid for with the proceeds of the Series 2019 Bonds will be financed by the Developer. These improvements will be funded through the issuance of the Series 2019 Bonds. Based on the estimated costs, the size of the bond issue needed to generate funds to pay for the Project was determined by the District's Underwriter to total approximately $10,615,000*. Table 3 depicts the breakdown of the Series 2019 Bond sizing.

Allocation of Benefit

The allocation of benefit in this Report is based on the Master Methodology; nothing is this Report is meant to alter the allocation of benefit provided in the Master Methodology. The allocation of benefit is based on assigned

*Preliminary, subject to change

CBCDD_SAMFS2019-082819-03	2

ERUs and is shown in Table 4.

Allocation of Debt

Allocation of debt is a continuous process until the development plan is completed. The initial assessments will be levied on an equal basis to all acres within the District. A fair and reasonable methodology allocates the debt incm1·ed by the District proportionately to the properties receiving the special benefits. At this point all of the land within the District is benefiting equally from the Improvement Plan and the special assessments will be assigned on a per acre basis. The allocation of Debt is this Report is consistent with the Master Methodology.

In accordance with the benefit allocation in Table 4, a total par amount of the Series 2019 Bonds per unit and an annual debt assessment per unit for the proposed District's Series 2019 Bonds have been calculated for each land use as illustrated in Table 5. These amounts represent the preliminary anticipated per unit debt and annual assessment allocations assuming all anticipated units are built and sold in the proportions planned, and the entire proposed infrastructure program is constructed or acquired and financed by the District.

3.0	True Up

Whenever a plat, declaration of condominium or site plan or revision is processed, the District must allocate a portion of its debt to the property according to the methodology outlined herein. In addition, the District must also prevent any buildup of debt on Unassigned Properties. Otherwise, the land could be fully conveyed and/or platted without all of the debt being allocated. To preclude this, at the time Unassigned Properties become Assigned Properties, the District will determine the amount of anticipated assessment revenue that remains on the Unassigned Properties, taking into account the proposed plat or site plan approval. If the total anticipated assessment revenue to be generated from the Assigned and Unassigned Properties is greater than or equal to the maximum annual debt service on the Series 2019 Bonds then no adjustment is required. In the case that the revenue generated is less than the required amount then a debt reduction payment by the Developer in the amount necessary to reduce the par amount of the outstanding Series 2019 Bonds plus accrued interest to a level that will be supp01ted by the new maximum annual debt service will be required.

CBCDD_SAMFS2019-082819-03	3

-,            -	 		,-

4.0	Assessment Roll

The District will initially distribute the liens across the prope1ty within the District boundaries on a gross acreage basis. As Assigned Property becomes known with certainty, the District will refine its allocation of debt from a per acre basis to a per unit basis as shown in Table 6. If the land use plan changes, then the District will update Table 6 to reflect the changes. As a result, the assessment liens are neither fixed nor are they determinable with certainty on any acre of land in the District prior to the time final Assigned Properties become known. As the development process occurs, the debt will be distributed against the Assigned Property in the manner described in this Report. The current assessment roll is depicted in Table 7.

Additional Information

Governmental Management Services-South Florida, LLC (GMS) does not represent the District as a Municipal Advisor or Security Broker, nor is GMS registered to provide such services as described in the Sections 15B of the Security and Exchange Act of 1934, as amended. Similarly GMS does not provide the District with advisory services or offer investment advice.

Certain information in this Report was provided by members of the District staff, the Developer or other professionals hired in conjunction with the bond issuance. GMS makes no representation regarding the information provided by others.

(Reminder of the page intentionally left blank)

CBCDD_SAMFS2019-082819-03	4

 Land Use	No. of Units*	ERUs per Unit	Total ERUs	

Main Site
Single Family	30	1.00	30	
 	Townhomes	440	0.80	352	
Sub-Total	470		382	
Annex
Single Family		
1.00	
1	
Townhomes	16	0.80	12.8 		
Sub-Total	17		13.8	

Residential Units	
487		
395.8	

Gross Acres	
44.720			

* Unit mix subject to change based on marketing and other factors.

Prepared by Govemmental Management SeNices-South Florida, LLC	Tables Page 1

Cost
Category	Current Plan	Annex	
Roadway Improvements	$	3,938,300	$142,449.15.	
Stormwater Management	$	2,244,500	$81,184.04	
Water Distribution System	$	1,580,800	$57,177.87	
Sanitary Collection System	$	2,166,200	$78,351.91	

Sub-Total	
$	9,929,800	
$359,163	
Total	$	10,288,963		

Information provided by Ford Engineers, Inc.			

I

I

Prepared by Governmental Management Services-South Florida, LLC	Tables Page 2

········-··· -··-------------------------------------------- -

	SERIES 2019	
Construction Funds	$ 9,798,722	
Debt Service Reserve	$	301,355	
Capitalized Interest	$	102,165	
Underwriters Discount	$	212,300	
Issuance Costs	$	199,991	
Rounding	$	467	

Par Amount*	$ 10,615,000

*Subject to change, based on the following:
Interest Rate	3.85%
Amortization	30
Capitalized Interest	12 months
Debt Service Reserve	50%MADS
Undeiwriters Discount	2.00%

MADS=	$608,797.00

Prepared by Gavemmental Management Services-South Florida, LLC	Tables Page 3

·-------------------------	----------------····-- -	····--·---·

Land Use	
No. of Units*	
ERUs eer Unit.	
Total ERUs	Total Cost
Allocated	Total Costs
eer Unit	
Main Site						
Single Family	30	1.00	30.00	$	779,827.23	$	25,994.24	
Townhomes	440	0.80	352.00	$	9,149,972.77	$	20,795.39	
Sub-Total	470		382	$	9,929,800		
Annex
Single Family	
1	
1.00	
1.00	
$	26,026.30	
$	26,026.30	
Townhomes	16	0.80	12.80	$	333,136.67	$	20,821.04	
Sub-Total	17		13.8	$359,162.97		

Totals	
487		
395.80	
$	10,288,963		

~

Unit mix subjectto change based on marketing and other factors.

Prepared by Govemmentaf Management Services-South Florida, LLC	Tables Page 4

Land Use	

No. of Units*	

Total ERUs	
Total Cost
Allocated	Series 2019 Total Allocation of
Par Debt	Series 2019 Allocation of Par
Debt per Unit	Annual Debt Assessment
Total	Annual""Net Debt Assessment
Per Unit		

Main Site
Single Family	
30	
30.00	
$	779,827.00	
$	804,538	
$	26,817.95	
$45,930	
$	1,531.00		
Townhomes	440	352.00	$	9,149,973.00	$	9,439,917	$	21,454.36	$541,640	$	1,231.00		
Sub-Total	470	382.00	$	9,929,800	$	10,244,456		$	587,570			
Annex									
Single Family	1	1.00	$	26,026.00	$	26,819	$	26,819.10	$1,531	$	1,531.00		
Townhomes	16	12.80	$	333,137.00	$	343,284	$	21,455.28	$19,696	$	1,231.00		
Sub-Total	17	13.80	$	359,163	$	370,544		$	21,227			

Totals	
487	
395.80	
$	10,288,962.97	
$	10,615,000		
$	608,797.00			

* UnitmiXsubjectto change based on marketing and otherfac:tors.
** This amount will be grossed up to includes discounts for early payments and county collection fees.

Prepared by Governmental Management Services-SouthFlorida, LLC	Tables Page 5

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Total Allocation of
Cost	Series 2019
Allocation of Par	
FolioiD#	Acres	Per Acre	Debt per Acre
Main Site	
30-6030-001-0040	1.30	$	288,657	$	308,575.58	
30-6030-001-0080	3.91	$	868,191	$	928,100.40	
30-6030-001-0160	3.91	$	868,191	$	928,100.40	
30-6030-001-0190	2.44	$	541,787	$	579,172.63	
30-6030-001-0240	0.94	$	208,721	$	223,123.88	
30-6030-001-0250	0.16	$	35,527	$	37,978.53	
30-6030-001-0260	0.16	$	35,527	$	37,978.53	
30-6030-001-0290	1.89	$	419,663	$	448,621.42	
30-6030-001-0410	1.26	$	279,775	$	. 299,080.95	
30-6030-001-0460	0.32	$	71,054	$	75,957.07	
30-6030-001-0470	0.55	$	122,124	$	130,551.21	
30-6030-001-0480	0.16	$	35,527	$	37,978,53	
30-6030-001-0481	0.16	$	35,527	$	37,978.53	
30-6030-001-0490	0.31	$	68,834	$	73,583.41	
30-6030-001-0500	1.46	$	324,184	$	346,554.11	
30-6030-001-0376	0.16	$	35,527	$	37,978.53	
30-6030-001-0101	0.82	$	182,076	$	194,639.98	
30-6030-001-0371	0.63	$	139,888	$	149,540.47	
30-6030-001-0280	0.47	$	104,361	$	111,561.94	
30-6030-001-0110	0.16	$	35,527	$	37,978.53	
30-6030-001-0384	0.63	$	139,888	$	149,540.47	
30-6030-001-0071	0.64	$	142,108	$	151,914.13	
30-6030-001-0010	0.65	$	144,328	$	154,287.79	
30-6030-001-0111	0.65	$	144,328	$	154,287.79	
30-6030-001-0114	0.16	$	35,527	$	37,978.53	
30-6030-001-0180	0.81	$	179,856	$	192,266.32	
30-6030-001-0270	0.16	$	35,527	$	37,978.53	
30-6030-001-0380	1.73	$	384,136	$	410,642.89	
30-6030-001-0390	0.16	$	35,527	$	37,978.53	
30-6030-001-0230	0.71	$	157,651	$	168,529.74	
30-6030-001-0102	0.16	$	35,527	$	37,978.53	
30-6030-001-0112	0.16	$	35,527	$	37,978.53	
30-6030-001-0360	0.16	$	35,527	$	37,978.53	
30-6030-001-0370	0.16	$	35,527	$	37,978.53	

Prepared by Governmental Management Services-South Florida, LLC	Tables Page 6

7

Folio iD#	
Acres	Total Allocation of Cost
Per Acre	Series2019 Allocation of Par Debt per Acre	
30-6030-001-0375	0.16	$	35,527	$	37,978.53	
30-6030-001-0030	0.16	$	35,527	$	37,978.53	
30-6030-001-0321	0.31	$	68,834	$	73,583.41	
30-6030-001-0330	0.16	$	35,527	$	37,978.53	
30-6030-001-0331	0.31	$	68,834	$	73,583.41	
$0-6030-001-0450	1.57	$	348,609	$	372,664.36	
30-6030-001-0340	1.69	$	375,254	$	401,148.26	
30-6030-001-0350	1.89	$	419,663	$	448,621.42	
30-6030-001-0070	0.33	$	73,274	$	78,330.72	
30-6030-001-0100	0.16	$	35,527	$	37,978.53	
30-6030-001-0113	0.33	$	73,274	$	78,330.72	
30-6030-001-0108	0.16.	$	35,527	$	37,978.53	
30-6030-001-0106	0.16	$	35,527	$	37,978.53	
30-6030-001-0210	0.16	$	35,527	$	37,978.53	
30-6030-001-0170	3.44	$	763,831	$	816,538.78	
30-6030-001-0104	0.16	$	35,527	$	37,978.53	
30-6030-001-0107	0.16	$	35,527	$	37,978.53	
30-6030-001-0300	1.57	$	348,609	$	372,664.36	
30-6030-001-0291	0.67	$	148,769	$	159,035.11	
30-6030-001-0010	0.65	$	144,328	$	154,287.79	
30-6030-001-0180	0.81	$	179,856	$	192,266.32	
30-6030-001-0220	0.16	$	35,527	$	37,978.53	
Annex				
30-6030-001-0310	0.79	$	175,415	$	187,519.01	
30-6030-001-0105	0.16	$	35,527	$	37,978.53	
30-6030-001-0109	0.33	$	73,274	$	78,330.72	
30-6030-001-0103	0.16	$	35,527	$	37,978.53	

Totals	
44.720	
$	9,929,800	
$	1b,615,ooo	

Prepared by Govemmenta! Management Services-South Florida, LLC	Tables Page 7

.... ····················-------,--------------·---·--·-·-···---.---·-·------------------

	Annual	
	Folio ID#		2019 Par Debt	Estimated Net*	
Owner	30-6030-001-	Acres	Per Acre	Debt Assessment	
Main Site					
CALATLANTIC GROUP INC	0040	1.30	$	308,576	$	17,697.59	
CALATLANTIC GROUP INC	0080	3.91	$	928,100	$	53,228.90	
CALATLANTIC GROUP INC	0160	3.91	$	928;100	$	53,228.90	
CALATLANTIC GROUP INC	0190	2.44	$	579,173	$	33,217.01	
CALATLANTIC GROUP INC	0240	0.94	$	223,124	$	12,796.72	
CALATLANTIC GROUP INC	0250	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0260	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0290	1.89	$	448,621	$	25,729.57	
CALATLANTIC GROUP INC	0410	1.26	$	299,081	$	17,153.05	
CALATLANTIC GROUP INC	0460	0.32	$	75,957	$	4,356.33	
CALATLANTIC GROUP INC	0470	0.55	$	130,551	$	7,487.44	
CALATLANTIC GROUP INC	0480	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0481	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0490	0.31	$	73,583	$	4,220.19	
CALATLANTIC GROUP INC	0500	1.46	$	346,554	$	19,875.75	
CALATLANTIC GROUP INC	0376	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0101	0.82	$	194,640	$	11,163.09	
CALATLANTIC GROUP INC	0371	0.63	$	149,540	$	8,576.52	
CALATLANTIC GROUP INC	0280	0.47	$	111,562	$	6,398.36	
CALATLANTIC GROUP INC	0110	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0384	0.63	$	149,540	$	8,576.52	
CALATLANTIC GROUP INC	0071	0.64	$	151,914	$	8,712.66	
CALATLANTIC GROUP INC	0010	0.65	$	154,288	$	8,848.79	
CALATLANTIC GROUP INC	0111	0.65	$	154,288	$	8,848.79	
CALATLANTIC GROUP INC	0114	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0180	0.81	$	192,266	$	11,026.96	
CALATLANTIC GROUP INC	0270	0.16	$	37,979	$	2,.178.16	
CALATLANTIC GROUP INC	0380	1.73	$	410,643	$	23,551.40	
CALATLANTIC GROUP INC	0390	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0230	0.71	$	168,530	$	9,665.61	
CALATLANTIC GROUP INC	0102	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0112	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0360	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0370	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0375	0.16	$	37,979	$	2,178.16	

Prepared by Governmental Management Services-South Florida, LLC	Tables Page 8

	
Folio ID#		
2019 Par Debt	Annual Estimated Net•	
Owner	30-6030-001-	Acres	Per Acre	Debt Assessment	
CALATLANTIC GROUP INC	.0030	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0321	0.31	$	73,583	$	4,220.19	
CALATLANTIC GROUP INC ·	0330	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0331	0.31	$	73,583	$	4,220.19	
CALATLANTIC GROUP INC	0450	1.57	$	372,664	$	21,373.24	
CALATLANTIC GROUP INC	0340	1.69	$	401,148	$	23,006.86	
CALATLANTIC GROUP INC	0350	1.89	$	448,621	$	25,729.57	
CALATLANTIC GROUP INC	0070	0.33	$	78,331	$	4,492.46	
CALATLANTlC GROUP INC	0100	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0113	0.33	$	78,331	$	4,492.46	
CALATLANTIC GROUP INC	0108	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0106	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0210	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0170	3.44	$	816,539	$	46,830.54	
CALATLANTIC GROUP INC	0104	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0107	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0300	1.57	$	372,664	$	21,373.24	
CALATLANTIC GROUP INC	0291	0.67	$	159,035	$	9,121.06	
CALATLANTIC GROUP INC	0010	0.65	$	154,288	$	8,848.79	
CALATLANTIC GROUP INC	-0180	0.81	$	192,266	$	11,026.96	
CALATLANTIC GROUP INC
Annex	0220	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0310	0.79	$	187,519	$	10,754.69	
CALATLANTIC GROUP INC	0105	0.16	$	37,979	$	2,178.16	
CALATLANTIC GROUP INC	0109	0.33	$	78,331	$	4,492.46	
CALATLANTIC GROUP INC	010.3	0.16	$	37,979	$	2,178.16	
	TOTAL	44.720	$	10,615,000	$	608,797.00	

* This amount will be grossed up to includes discounts for early payments and collection fees.

Prepared by Governmental Management SeNices-South Florida, LLC	Tables Page 9

RESOLUTION 2020-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CAMPO BELLO COMMUNITY DEVELOPMENT DISTRICT DECLARING SPECIAL ASSESSMENTS; INDICATING THE LOCATION,  NATURE  AND ESTIMATED COST OF THOSE IMPROVEMENTS THAT ARE PART OF THE 2019 PROJECT BENEFITING LANDS WITHIN THE EXPANSION AREA OF THE DISTRICT, THE COST OF WHICH IS TO BE DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING THE PORTION OF THE ESTIMATED COST OF THE IMPROVEMENTS TO BE DEFRAYED BY THE SPECIAL  ASSESSMENTS; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE MADE; DESIGNATING LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR AN ASSESSMENT	PLAT;	AUTHORIZING	THE PREPARATION OF A  PRELIMINARY  ASSESSMENT ROLL; PROVIDING FOR A PUBLIC HEARING TO CONSIDER THE ADVISABILITY AND PROPRIETY OF SAID ASSESSMENTS AND THE RELATED IMPROVEMENTS; PROVIDING FOR PUBLICATION OF THIS RESOLUTION.

WHEREAS, the Campo Bello Community Development District (the "District") was established pursuant to Chapter 190, Florida Statutes, and Ordinance No. 17-70 (the "Establishment Ordinance") of the Board of County Commissioners of Miami-Dade County, Florida; and
I
WHEREAS, pursuant to Ordinance No. 19-66 (the "Expansion Ordinance") of the Board of County Commissioners of Miami-Dade County, Florida, the boundaries of the District were expanded by approximately 2.49 acres to include certain adjacent lands (the "Expansion Area"), which Expansion Area is more particularly described in the Expansion Ordinance; and

WHEREAS, the Board of Supervisors of the District (the "Board") hereby determines to construct and/or acquire certain public improvements within or benefiting the lands within the Expansion Area, as described herein and as more
1

particularly set forth in the plans and specifications available for review at the offices of District Manager, 5385 N. Nob Hill Road, Sunrise, Florida 33351 and at 13155 SW 134 Street, Suite 125, Miami, Florida 33186 (collectively, the "District Offices") and in the Engineer's Report, as later defined; and

WHEREAS, the Board hereby determines to finance, fund, plan, establish, acquire, construct or reconstruct, enlarge or extend, equip, operate and maintain certain public infrastructure improvements described below and benefiting lands within the Expansion Area (the "2019 Project") and as more particularly set forth in the Engineer's Report for Campo Bello Community Development District accepted by the Board, dated April 12, 2019, as supplemented by the Supplemental Engineer's Report for Campo Bello Community Development District accepted by the Board, dated September 16, 2019, each prepared by Ford Engineers, Inc.,, as such reports are further amended and supplemented from time to time by the Board (collectively, the "Engineer's Report"), incorporated by reference as part of this Resolution and on file in the District Offices;

WHEREAS, the District is empowered by Chapter 190 and Chapter 170, Florida· Statutes, to finance, fund, plan, establish, acquire, construct or reconstruct, enlarge or extend, equip, operate and maintain the 2019 Project and to impose, levy and collect the necessary special assessments on the developable lands within the Expansion Area that benefit from the 2019 Project (the"Assessments");

WHEREAS, the Board finds that it is in the best interest of the District to pay for all or a portion of the 2019 Project by imposing, levying, and collecting the Assessments pursuant to Chapter 170, 190, and 197, Florida Statutes;

WHEREAS, the Board hereby determines that as a result of the 2019 Project, benefits will accrue to the residential properties within the Expansion Area of the District, the amount of those benefits, and that the Assessments will be made in proportion to the benefits received as set forth in the District's Special Supplemental Assessment Methodology Report for Series 2019 Bonds, dated and approved by the Board on September 20, 2019, as such report is amended and supplemented from time to time by the Board (the "Assessment Report") incorporated by reference as part of this Resolution and on file and available for inspection at the District Offices; and

WHEREAS, the District hereby determines and finds that the Assessments to be levied will not exceed the benefits to the residential property being assessed within the Expansion Area of the District as a result of the Expansion Area Project.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CAMPO BELLO COMMUNITY DEVELOPMENT DISTRICT, THAT:
2

The foregoing recitals are hereby incorporated as the findings of fact of the
Board.

Assessments shall be levied on the benefiting lands within the Expansion Area of the District to defray a portion of the cost of the Expansion Area Project.

The nature of the 2019 Project generally consists of certain public infrastructure improvements and facilities within and outside the boundaries of the District, benefiting all assessable lands within the Expansion Area, including, but not limited to, roadway improvements and related impact fees; stormwater management and control facilities, including, but not limited to, related earthwork; water and wastewater systems, including related connection charges; and related incidental costs and improvements; and to pay all or a portion of the design, acquisition and construction cost of said public infrastructure improvements, all as more particularly described in the Engineer's Report, and accepted by the District Board and in the plans and specifications on file at the District Offices, which are by specific reference incorporated herein and made part hereof.

The general location of the Improvements constituting the 2019 Project is within a tract of land located in unincorporated Miami-Dade  County,  bounded  on the north by SW 248th Street and the Homestead Extension pf Florida's Turnpike right-of-way, on the west by SW 109th Ave, on the east by SW 107th Avenue and on the South by SW 256th Street, as shown on the plans and specifications referred to above.

The estimated cost of the portion of the 2019 Project benefiting the Expansion Area within the District, when completed, is approximately $359,163 (hereinafter referred to as the "Estimated Cost"), based on the content of the Engineer's Report.

The Assessments will defray approximately $364,361 which includes a portion of the Estimated Cost, plus financing-related costs, capitalized interest, debt service reserve and contingency.

The manner in which the Assessments shall be apportioned and paid is contained within the Assessment Report. As described in greater detail in the Assessment Report, the Assessments will be levied equally on each of benefiting properties and parcels within the Expansion Area of the District.

The Assessments shall be levied in accordance with the Assessment Report referenced above on all lots and lands, within the Expansion Area of the District, which
3

r--

are adjoining and contiguous or bounding and abutting upon the 2019 Project or specially benefited thereby and as further designated by the assessment plat hereinafter provided for.

There is on file with the District Manager and at the District Offices, an assessment plat showing the area to be assessed, with the plans and specifications describing the 2019 Project and the Estimated Cost of the 2019 Project applicable to the Expansion Area, all of which shall be open to inspection by the public.

With respect to the Assessments, the District Manager is hereby authorized and directed to cause to be made a preliminary assessment roll, as promptly as possible, which shall show the lots and lands assessed within the Expansion Area of the District, the amount of benefit to and the special assessment against each lot or parcel of land, and the number of annual installments into which the Assessment is divided.

In accordance with the Assessment Report and commencing with the year in which the District was obligated to make payment of a portion of the Estimated Cost of the 2019 Project acquired or constructed by the District, the principal component of the Assessment is being paid and will continue to be paid in not more than thirty (30) annual installments payable at the same time and in the same manner as are ad-valorem taxes and as prescribed by and in accordance with Chapter 197, Florida Statutes ("Uniform Method"); provided, however, that in the event the Uniform Method of collecting the Assessments is not available to the District in any year, or the District determines not to utilize the provisions of Chapter 197, F.S., the Assessments may be collected on an annual basis through direct billing or as is otherwise permitted by law.

Upon completion of the preliminary assessment roll for the Assessments, the Board shall adopt a subsequent resolution to fix a time and place at which the owners of property to be assessed or any other persons interested therein may appear before the Board and be heard as to the propriety and advisability of the Assessments or the making of the 2019 Project, the cost thereof, the manner of payment therefore or the amount thereof to be assessed against each property as improved; and to authorize such notice and publications of same as may be required by Chapter 170, Florida Statutes, or other applicable law.

Pursuant to Section 170.05, Florida Statutes, the District Manager is hereby directed to cause this Resolution to be published twice in a newspaper of general circulation within Miami-Dade County, Florida.

4

All documents referenced herein and in which it is indicated are on file at the District Offices and shall also be made available for inspection at said District Offices.

This Resolution shall be effective upon adoption by the Board.

PASSED AND ADOPTED BY THE BOARD OF SUPERVISORS OF THE

CAMPO  BELLO   COMMUNITY   DEVELOPMENT   DISTRICT, this   	
 	2020.

day of

CAMPOBELLO
COMMUNITY DEVELOPMENT DISTRICT

ChairmanNice Chairman
ATTEST:

Secretary / Assistant Secretary

5

-,

RESOLUTION 2020-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CAMPO BELLO COMMUNITY DEVELOPMENT DISTRICT SETTING A PUBLIC HEARING FOR THE PURPOSE OF RECEIVING PUBLIC COMMENT ON THE LEVY OF NON-AD VALOREM SPECIAL ASSESSMENTS ON CERTAIN PROPERTY REFERRED TO AS THE EXPANSION AREA WITHIN THE  BOUNDARIES  OF THE DISTRICT PURSUANT TO CHAPTERS 190,  170, AND 197, F.S.

WHEREAS, the Board of Supervisors (the "Board") of the Campo Bello Community Development District (the "District") has adopted Resolution 2020-01 (the "Initial Assessment Resolution"), implementing the limits, definitions, purpose, intent, location, nature and estimated cost of the 2019 Project, as defined in the  Initial  Assessment Resolution, to be partially defrayed by  certain  revised  non-ad  valorem special assessments on certain benefited properties within the Expansion Area of the District, as defined in the Initial Assessment Resolution;

WHEREAS, the Initial Assessment Resolution provides for the portion of the estimated cost of the 2019 Project to be defrayed by the non-ad valorem special assessments (the "Assessments," as defined in the Initial Assessment Resolution), and provides further for the manner in which such Assessments shall be levied, when the levy shall occur, and setting forth and designating the lands upon which the
Assessments shall be levied providing for a revised assessment plat, the preparation of a preliminary revised assessment roll, and related matters;

WHEREAS, the Initial Assessment Resolution further provides for notice and conduct of a public hearing to consider the advisability and propriety of the Assessments and the related 2019 Project; and

WHEREAS, pursuant to the Initial Assessment Resolution, a preliminary revised assessment roll has been prepared and all of the conditions precedent (as set forth in applicable provisions of Chapters 170, F.S. pertaining to the notice and conduct of the aforementioned public hearing) have been satisfied, and all related documents are available for public inspection at the offices of the District Manager, 5385 N. Nob Hill Road, Sunrise, Florida 33351 and 13155 SW 134 Street, Suite 125, Miami, Florida 33186 (collectively, the "District Offices").

1

i

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CAMPO BELLO COMMUNITY DEVELOPMENT DISTRICT, THAT:

The foregoing recitals are hereby incorporated as the findings of fact of the
Board.

There is hereby declared a public hearing to be held on
 	_,  2020  at   	 amatt eoffices  of  Lennar  Homes, 730 NW 107th Avenue, 3rd Floor, Miami, Florida, for the purpose of hearing questions, comments and objections to the proposed non-ad valorem special Assessments and the related public infrastructure 2019 Project, as more particularly described in the preliminary revised assessment roll and the Initial Assessment Resolution, copies of which are available for public inspection at the District Offices.

Affected persons may either appear at that public hearing or, prior to said meeting submit their written comments to the office of District Manager, 5385 N. Nob Hill Road, Sunrise, Florida 33351.

Notice (substantially in the form attached to this Resolution as Exhibit "A") of said public hearing shall be advertised in accordance with Chapters 170 and 190, Florida Statutes, and the District Manager is hereby authorized and directed to place said notice in a newspaper of general circulation within Miami-Dade County, Florida (by two publications one week apart with the last publication at least one week prior to the date of the hearing established herein). The "not to exceed" amount for the annual Assessments to be stated in said Notice shall be taken from the District's Supplemental Assessment Methodology Report for Series 2019 Bonds, dated September 20, 2019, as amended and supplemented from time to time by the Board, incorporated by reference as part of this Resolution and on file at the District Offices. The District Manager shall file a publisher's affidavit with the District Secretary verifying such publication of notice. The District Manager is further authorized and directed to give thirty (30) days written notice by mail of the time and place of this public hearing to the owners of all property within the Expansion Area of the District to be assessed and include in such notice the amount of the Assessment for each such property owner, a description of the areas to be improved, and notice that information concerning all assessments levied by the District is available at the offices of the District Manager.

This Resolution shall be effective upon adoption by the Board.
j

2

PASSED AND ADOPTED BY THE BOARD OF SUPERVISORS OF THE CAMPO  BELLO  COMMUNITY  DEVELOPMENT  DISTRICT,  this  	daof
 	2020.

CAMPO BELLO COMMUNITY DEVELOPMENT DISTRICT

ChairmanNice Chairman
ATTEST:

Secretary / Assistant Secretary

3

EXHIBIT II  A"

NOTICE OF PUBLIC HEARING RELATING TO PUBLIC IMPROVEMENTS AND LEVY OF NON-AD VALOREM ASSESSMENTS
(Expansion Area)

The Board of Supervisors (the "Board") of the Campo Bello Community Development District (the "District") will hold a public hearing on ------- 2020 at
 	amattheoffices of Lennar Hornes, 730 NW 107th  Avenue, 3rd  Floor, Miami,
Florida to consider the adoption of an assessment roll and the imposition of non-ad valorern special assessments ("Assessments") to finance, fund, plan, establish, acquire, construct or reconstruct, enlarge or extend, or equip certain public infrastructure improvements and facilities within and outside the boundaries of the District, benefiting all assessable lands within the Expansion Area within the boundaries of the District, including, but not limited to, roadway improvements and related impact fees; stormwater management and control facilities, including, but not limited to, related earthwork; water and wastewater systems, including related connection charges; landscaping, including entrance features and irrigation in public rights of way; and related incidental costs and improvements; and to pay all or a portion of the design, acquisition and construction cost of said public infrastructure improvements (collectively, the "2019 Project"), all as more particularly described in the Engineer's Report for Campo Bello Community Development District accepted by the Board and dated April 12, 2019, as supplemented by the Supplemental Engineer's Report for Campo Bello Community Development District accepted by the Board and dated September 16, 2019, each prepared by Ford Engineers, Inc., , as such may be further amended and supplemented from time to time by the Board (collectively, the "Engineer's Report"). The Board will consider the levy of Assessments on benefited lands within the Expansion Area of the District, a description of which lands is shown below, and to provide for the levy, collection and enforcement of the Assessments.

The public hearing will be conducted pursuant to Chapters 170, 190 and 197, Florida Statutes. Developable areas within the District(as shown below) will be improved. The District is lying wholly within Miami-Dade County in the State of Florida, in the area bounded on the north by S.W. 248th Street and the Homestead Extension of Florida's Turnpike right-of-way on the west by S.W. 109th Avenue, on the east by S.W. 107th Avenue, and on the south by S.W. 256th Street. The District's proposed improvements are referred to as the 2019 Project, as described above. A description of the lands constituting the Expansion Area within the District to be assessed, the nature of the
4

-,

2019 Project as proposed in the Engineer's Report,  and  the  amount  to be  assessed  to each piece or parcel of property within the Expansion Area of the District may be ascertained at the offices of the District Manager at 13155 SW 134th Street, Suite 125, Miami Florida 33186 or 5385 N. Nob Hill Road, Sunrise, Florida 33351 (collectively, the "District Offices") or by contacting the District Manager's Office at 954-721-8681.

The District intends to impose Assessments on benefited lands within Expansion Area of the District in the manner set forth in the District's Supplemental Assessment Methodology Report for Series 2019 Bonds, dated September 20, 2019, as amended and supplemented from time to time (the "Assessment Methodology"), which is available to the public for inspection at the District Offices. Lots will be assessed in the principal amount of $26,279.67 per single family unit and $21,130.11 per single townhome unit in the manner described in the Assessment Methodology. The total amount per lot to be levied annually against benefited units within the Expansion Area of the District is

$1,529.71 per single family unit and $1,229.96 per single townhome unit exclusive of fees and costs of collection or enforcement, discounts for early payment and the annual interest costs. The Assessments may be prepaid in whole in some instances or may be paid in not more than thirty (30) annual installments, excluding any capitalized interest period, subsequent to the issuance of debt to finance the 2019 Project. These annual Assessments will be collected on the Miami-Dade County tax roll by the Tax Collector. Alternatively, the District may choose to directly collect and enforce these Assessments.

In addition to the Assessments, the District also intends to levy and collect non-ad valorem special assessments (the "O&M Assessments") on property within the Expansion Area of the District to cover the operation and maintenance of the District's 2019 Project. These annual O&M Assessments will be collected on the Miami-Dade County tax roll by the Tax Collector. Alternatively, the District may choose to directly collect and enforce these O&M Assessments.

All affected property owners have the right to appear at the public hearing and the right to file written objections with the District within twenty (20) days of the publication of this notice.

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this hearing and meeting is asked to contact the District Office at 954-721-8681 at least five calendar days prior to the hearing and meeting. If you are hearing or speech impaired, please contact the Florida Relay Service at 1-800-955-8770, for aid in contacting the District Office.

There may be occasions when one or more Supervisors will participate by phone. At the above referenced location a speaker phone will be available so that any interested
5

-,

person may attend the meeting and be fully informed of the discussions taking place either in person or by telephone communication.

If anyone chooses to appeal any decision of the Board with respect to any matter considered at the hearing or at the meeting, such person will need a record of the proceedings and should accordingly ensure that a verbatim record of the proceedings is made, which includes the testimony and evidence upon which such appeal is to be based. The public hearing may be continued to a date and time certain that will be announced at the hearing.

Luis Hernandez District Manager

[Insert Location Map Indicating Boundaries of the Expansion Area of the District]

6

Proposed Budget
Fiscal Year 2021

Campo Bello Community Development District

February 21, 2020

 	

Campo Bello

Community Development District			General Fund	
FY2020	Actual	Projected	Total	FY2021	
Adopted	thru	Next	Projected at	Proposed	
Description	Budget	1/31/2020	8 Months	9/30/2020	Budget	

Revenues						
Developer Contributions/Assess1	$125,010	$15,590	$49,112	$64,702	$131,490	

Total Revenues	 	$125,010	$15,590	$49,112	$64,702	$131,490 	

Expenditures						
Administrative						
Engineering Fees	$12,000	$95	$1,500	$1,595	$12,000	
Dissemination	$2,500	$0	$0	$0	$2,500	
Arbitrage	$600	$0	$0	$0	$600	
Assessment Roll	$4,000	$0	$0	$0	$4,000	
Attorney Fees	$15,000	$2,537	$5,074	$7,611	$15,000	
Annual Audit	$3,500	$0	$0	$0	$5,000	
Trustee Fees	$6,000	$0	$0	$0	$6,000	
Management Fees	$36,000	$12,000	$24,000	$36,000	$36,000	
Telephone	$50	$3	$0	$3	$50	
Postage	$750	$0	$0	$0	$750	
Insurance	$8,000	$5,000	$0	$5,000	$6,000	
Printing & Binding	$1,000	$217	$434	$651	$1,000	
Legal Advertising	$2,500	$0	$2,500	$2,500	$2,500	
Other Current Charges	$700	$439	$320	$759	$700	
Website Adm in	$1,000	$333	$238	$571	$1,000	
Office Supplies	$150	$36	$50	$86	$150	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
1st Quarter Operating	$21,335	$0	$0	$0	$21,835	

Total Administrative	 	$115,260	$20,835	$34,116	$54,952	$115,260 	

Field						
Contingency	$9,750	$0	$9,750	$9,750	$16,230	
Total Field	$9,750	 	$0	$9,750	 	$9,750 	$16,230	
Total Expenditures	$125,010	 	$20,835		$43,866	 	$64,702 	$131,490	
Assigned Fund Balance	 	$0 	($5,245)	$5,245 	$0	$0 	

$138,410.53 ($6,920.53)
$131,490.00
487
$270.00

Gross Assessment Less: Disc & Coll (5%)
Net Assessment
# Units Per Unit Net Assessment

Page 1

--, -

Campo Bello
Community Development District
GENERAL FUND BUDGET

REVENUES:

Maintenance Assessments

The District will levy a Non-Ad Valorem assessment on all the platted lots within the District to pay all of the operating expenses for the Fiscal Year in accordance with the adopted budget.

EXPENDITURES:

Administrative:

Engineering Fees

The District's engineer will be providing general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review invoices, etc.

Arbitrage

The District is required to have an annual arbitrage rebate calculation on the District's Bonds. The District will contract with an independent auditing firm to perform the calculations.

Dissemination Agent

The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Attorney

The District's legal counsel will be providing general legal services to the District, i.e. attendance and preparation for monthly meetings, review operating & maintenance contracts, etc.

Annual Audit

The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

Trustee Fees

The District bonds will be held and administered by a Trustee. This represents the banks annual fee.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services - South Florida, LLC.

Website Compliance

Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the COD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS-SF, LLC and updated monthly.

Postage

Mailing of agenda packages, overnight deliveries, correspondence, etc.

Page 2

 		-	 	

Campo Bello
Community Development District
GENERAL FUND BUDGET

Administrative: (continued)

Printing & Binding

Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Insurance

The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. · The amount is based upon similar Community Development Districts.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings etc in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses that incurred during the year.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Department of Economic Opportunity for $175. This is the only expense under this category for the District.

FIELD EXPENSES

Contingency

Represents any un-budgeted expense.

Page 3

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Campo Bello	Debt Service Fund
Community Development District	Series 2019 Special Assessment Bond

FY2020	Actual	Projected		Total		FY2021 Proposed		thru		Next	Projected at	Proposed
Description	Budget	1/31/20	8 Months	9/30/20	 	Budget		

Revenues						
Direct Assessments	$201,275	$0	$201,275	$201,275	$393,794	
Special Assessments	$0	$0	$0	$0	$602,200	
Interest Income	$0	$1,073	$1,317	$2,390	$0	
Carry Forward Surplus (ll	$0	$0	$0	$0	$1,494	

Total Revenues	 	$201,275	$1,073	$202,592	$203,665	 	$997,488 

Interest 12/15	$72,683	$72,683	$0	$72,683	$201,275	
Interest 06/15	$201,275	$0	$201,275	$201,275	$198,106	
Principal 06/15	$0	$0	$0	$0	$195,000	

Expenditures Series 2019

Total Expenditures	 	$273,958	$72,683	$201,275	$273,958	 	$594,381

Other Financing Sources/(Uses)		
Bond Proceeds	$373,783	$373,783	$0	$373,783	$0	
lnterfund Transfer Out	$0	($896)	$0	($896)	$0	
Total Other Financing Sources/(Uses)	 	$373,783	$372,887	$0		$372,887	 	$0	
EXCESS REVENUES	$301,100	$301,277	$1,317	$302,594		$403,106	

(l) Carry forward is net of Reserve Fund requirement.	
12/15/21 Interest	
$	198,106	
	12/15/21 Principal	$ 	205,000 	
		$	403,106	

Page 4

 	        --	-	 	

Campo Bello	Series 2019 Special Assessment Bond
Community Development District	Amortization Schedule

DATE	PRINCIPAL BALANCE	
INTEREST	
PRINCIPAL	
TOTAL	

15-Dec-19	
$	10,450,000	
$	72,683	
$		
15-Jun-20	$	10,450,000	$	201,275	$	$	273,957.64	
15-Dec-20	$	10,450,000	$	201,275	$	195,000		
15-Jun-21	$	10,255,000	$	198,106	$	$	594,381.25	
15-Dec-21	$	10,255,000	$	198,106	$	205,000		
15-Jun-22	$	10,050,000	$	194,775	$	$	597,881.25	
15-Dec-22	$	10,050,000	$	194,775	$	210,000		
15-Jun-23	$	9,840,000	$	191,363	$	$	596,137.50	
15-Dec-23	$	9,840,000	$	191,363	$	215,000		
15-Jun-24	$	9,625,000	$	187,869	$	$	594,231.25	
15-Dec-24	$	9,625,000	$	187,869	$	225,000		
15-Jun-25	$	9,400,000	$	184,213	$	$	597,081.25	
15-Dec-25	$	9,400,000	$	184,213	$	230,000		
15-Jun-26	$	9,170,000	$	180,188	$	$	594,400.00	
15-Dec-26	$	9,170,000	$	180,188	$	240,000		
15-Jun-27	$	8,930,000	$	175,988	$	$	596,175.00	
15-Dec-27	$	8,930,000	$	175,988	$	250,000		
15-Jun-28	$	8,680,000	$	171,613	$	$	597,600.00	
15-Dec-28	$	8,680,000	$	171,613	$	255,000		
15-Jun-29	$	8,425,000	$	167,150	$	$	593,762.50	
15-Dec-29	$	8,425,000	$	167,150	$	265,000.00		
15-Jun-30	$	8,160,000	$	162,513	$	$	594,662.50	
15-Dec-30	$	8,160,000	$	162,513	$	275,000		
15-Jun-31	$	7,885,000	$	157,700	$	$	595,212.50	
15-Dec-31	$	7,885,000	$	157,700	$	285,000		
15-Jun-32	$	7,600,000	$	152,000	$	$	594,700.00	
15-Dec-32	$	7,600,000	$	152,000	$	295,000		
15-Jun-33	$	7,305,000	$	146,100	$	$	593,100.00	
15-Dec-33	$	7,305,000	$	146,100	$	310,000		
15-Jun-34	$	6,995,000	$	139,900	$	$	596,000.00	
15-Dec-34	$	6,995,000	$	139,900	$	320,000		
15-Jun-35	$	6,675,000	$	133,500	$	$	593,400.00	
15-Dec-35	$	6,675,000	$	133,500	$	335,000		
15-Jun-36	$	6,340,000	$	126,800	$	$	595,300.00	
15-Dec-36	$	6,340,000	$	126,800	$	345,000		
15-Jun-37	$	5,995,000	$	119,900	$	$	591,700.00	
15-Dec-37	$	5,995,000	$	119,900	$	360,000		
15-May-38	$	5,635,000	$	112,700	$	$	592,600.00	
15-Dec-38	$	5,635,000	$	112,700	$	375,000		
15-Jun-39	$	5,260,000	$	105,200	$	$	592,900.00	
15-Dec-39	$	5,260,000	$	105,200	$	390,000		
15-Jun-40	$	4,870,000	$	97,400	$	$	592,600.00	
15-Dec-40	$	4,870,000	$	97,400	$	405,000		
15-Jun-41	$	4,465,000	$	89,300	$	$	591,700.00	
15-Dec-41	$	4,465,000	$	89,300	$	420,000		
15-Jun-42	$	4,045,000	$	80,900	$	$	590,200.00	
15-Dec-42	$	4,045,000	$	80,900	$	440,000		
15-Jun-43	$	3,605,000	$	72,100	$	$	593,000.00	
15-Dec-43	$	3,605,000	$	72,100	$	455,000		
15-Jun-44	$	3,150,000	$	63,000	$	$	590,100.00	
15-Dec-44	$	3,150,000	$	63,000	$	475,000		
15-Jun-45	$	2,675,000	$	53,500	$	$	591,500.00	
15-Dec-45	$	2,675,000	$	53,500	$	495,000		
15-Jun-46	$	2,180,000	$	43,600	$	$	592,100.00	
15-Dec-46	$	2,180,000	$	43,600	$	515,000		
15-Jun-47	$	1,665,000	$	33,300	$	$	591,900.00	
15-Dec-47	$	1,665,000	$	33,300	$	535,000		
15-Jun-48	$	1,130,000	$	22,600	$	$	590,900.00	
15-Dec-48	$	1,130,000	$	22,600	$	555,000		
15-Jun-49	$	575,000	$	11,500	$	$	589,100.00	
15-Dec-49	$	575,000	$	11,500	$	575,000	$	586,500.00	
		$	7,624,782.64	$	10,450,000.00	$	18,074,782.64	

Page 5

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-        ------,------------------,----

RESOLUTION  2020 04

A RESOLUTION OF THE CAMPO BELLO COMMUNITY DEVELOPMENT  DISTRICT  APPROVING  THE   DISTRICT'S PROPOSED BUDGET FOR FISCAL YEAR 2021 AND SETTING  A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW

WHEREAS, the District Manager has prepared the proposed budget for  the  Fiscal  Year 2021; and

WHEREAS, the Board of Supervisors approves the proposed budget for purpose of submitting said budget to the local governing authorities not less than 60 days prior to the public hearing date in accordance with Chapter 190.00S(b), Florida Statutes: and

WHEREAS, the Board of Supervisors desires to set the public hearing date;

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CAMPO BELLO COMMUNITY DEVELOPMENT DISTRICT:

The proposed budget for Fiscal Year 2021 is hereby approved for the purpose of conducting a public hearing to adopt said budget.
A public hearing on said approved budget is hereby declared and set for the following date, hour and place:

Date:	 Hour:	 Place:      	

Notice of public hearing shall be published in accordance with Florida Law.

Adopted this  	daof	_J     2020

ChairmanNice Chairman

Secretary/Assistant Secretary

Campo Bello
Community Development District	Funding Request #5
November 15, 2019

PAYEE	GENERAL FUND	

1	Billing, Cochran, Lyles, Mauro & Ramsey, PA		
Inv# 158168 - General Counsel (Aug 19)	$	1,334.00	
Inv# 158675 - General Counsel (Sep 19)	$	2,204.00	
2	Department of Economic Opportunity		
Inv# 74783 - Special District Fee FY20	$	175.00	
3	FedEx		
Inv# 6-747-47488	$	25.68	
4	GMS-SF, LLC		
Inv# 8 - Management Fees & Expenses (Oct 19)	$	3,273.12	
Inv# 10 - Management Fees & Expenses (Nov 19)	$	3,086.01	
TOTAL	$	10,097.81.	

Please make check payable to:
Campo Bello Community Development District
5385 N Nob Hill Road Sunrise, FL 33351

--,-

Campo Bello
Community Development District	Funding Request #6
December 12, 2019

PAYEE	GENERAL FUND	

1	Billing, Cochran, Lyles, Mauro & Ramsey, PA		
Inv# 159399 - General Counsel (Oct 19)	$	552.00	
2	Ford Engineers
Inv# 97845 - Engineering Services	
$	95.00	
3	GMS-SF, LLC
Inv# 11- Management Fees & Expenses (Dec 19)	
$	3,140.93	
TOTAL	3,787.93	

Please make check payable to:
Campo Bello Community Development District
5385 N Nob Hill Road Sunrise, FL 33351

Campo Bello
Community  Development District	Funding Request #7 February 6, 2020

PAYEE	GENERAL FUND	

1	Billing, Cochran, Lyles, Mauro & Ramsey, PA		
Inv# 159854 - General Counsel (Nov 19)	$	1,102.00	
Inv# 160313 - General Counsel (Dec 19)	$	783.00	
2	GMS-SF, LLC		
Inv# 12 - Management Fees & Expenses (Jan 20)	$	3,087.98	
Inv# 13 - Management Fees & Expenses (Feb 20)	$	3,091.73	
3	Greenberg Traurig		
Post Closing Costs	$	295.42	
TOTAL	$	8,360.13	

Please make check payable to:
Campo Bello Community Development District 5385 N Nob Hill Road
Sunrise, FL 33351

Campo Bello
COMMUNITY DEVELOPMENT DISTRICT
COMBINED  BALANCE SHEET
January 31, 2020

		Governmental Fund T	es		Totals	
	
General	Debt
Service		Capital
Projects	(Memorandum Only)
2020	
ASSETS:						
Cash	$12,281				$12,281	
Investments: Series 2019: Reserve		

$301,100			

$301,100	
Interest		$177			$177	
Revenue					$0	
Acq & Construction				$508,924	$508,924	
Annexation Construction				$330,982	$330,982	
Cost of Issuance				$113	$113	
Due from Developer	$9,056				$9,056	
TOTAL ASSETS	$21,337	$301,277		$840,020	$1,162,635	

LIABILITIES:						
Accounts Payable	$9,056				$9,056	
Due to Developer	$2,610				$2,610	
FUND BALANCES:						
Restricted for Debt Service		$301,277			$301,277	
Restricted for Capital Projects				$840,020	$840,020	
Unassigned	$9,671				$9,671	

TOTAL LIABILITIES & FUND BALANCES	
$21,337	
$301,277		
$840,020	
$1,162,635	

-1

-

Campo Bello
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
Statement of Revenues & Expenditures, and Net Change in Fund Balance For the Period Ended January 31, 2020

ADOPTED	PRORATED BUDGET	ACTUAL
DESCRIPTION	BUDGET	THRU 01/31/20	THRU 01/31/20	VARIANCE

Revenues	

Developer Contributions	$125,010	$41,670	$15,590	($26,080)

TOTAL REVENUES	$125,010	$41,670	$15,590	($26,080)	

Expenditures					
Administrative						
Engineering Fees	$12,000	$4,000	$95	$3,905	
Dissemination Agent	$2,500	$833	$0	$833	
Arbitrage	$600	$0	$0	$0	
Assessment Roll	$4,000	$0	$0	$0	
Attorney Fees	$15,000	$5,000	$2,437	$2,563	
Annual Audit	$3,500	$0	$0	$0	
Trustee Fees	$6,000	$0	$0	$0	
Management Fees	$36,000	$12,000	$12,000	$0	
Telephone	$50	$17	$3	$14	
Postage	$750	$250	$0	$250	
Insurance	$8,000	$8,000	$5,000	$3,000	
Printing & Binding	$1,000	$333	$217	$117	
Legal Advertising	$2,500	$833	$0	$833	
Other Current Charges	$700	$233	$439	($206)	
Website Administration	$1,000	$333	$333	$0	
Office Supplies	$150	$50	$36	$15	
Dues, Licenses & Subscriptions	$175	$175	$175	$0	
	$21,335	$21,335	$0	$21,335	
Field					
Contingency	$9,750	$3,250	$0	$3,250	
TOTAL EXPENDITURES	$125,010	$53,393	$20,734	$11,324	

Excess (deficiency) of revenues over (under) expenditures	

$0	

($11,723)	

($5,144)	

($14,755)	

FUND BALANCE - Beginning	
$0		
$14,815		
FUND BALANCE - Ending	$0		$9,671		

Page 2

-, --

CAMPO BELLO
COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2019
Statement of Revenues & Expenditures, and Net Change in Fund Balance For the Period Ended January 31, 2020

DESCRIPTION		PROPOSED
BUDGET		PRORATED BUDGET
THRU 01/31/20		ACTUAL
THRU 01/31/20		
VARIANCE	

Revenues									
Interest Income		$0		$0		$1,073		$1,073	
Direct Assessments		$201,275		$0		$0		$0	
TOTAL REVENUES		$201,275		$0		$1,073		$1,073	

Expenditures									
Series 2019									

Interest  Expense - 12/15	$72,683		$72,683	$72,683	$0		
Interest  Expense - 06/15	$201,275		$0	$0	$0		
Principal  Expense - 06/15	$0		$0	$0	$0		
TOTAL EXPENDITURES	$273,958		$72,683	$72,683	$0		

Excess (deficiency) of revenues over (under) expenditures	

 	($72,683) 	

 	($72,683) 	

($71,610}		

$1,073	

Other Financing Sources/(Usesl:						
Bond Proceeds	$373,783	$373,783	$373,783		$0	
lnterfund Transfer Out	$0	$0	($896)		($896)	
Total Other Financing						
Sources/(Uses):	 	$373,783		 	$373,783	$372,887	($896)		

Net change in Fund Balance	
$301,100	
$301,100	
$301,277	
$177		

FUND BALANCE - Beginning	
$0		
$0			
FUND BALANCE - Ending	$301,100		$301,277			

Page3

Campo Bello COMMUNITY DEVELOPMENT DISTRICT CAPITAL PROJECTS FUND - SERIES 2018
Statement of Revenues & Expenditures, and Net Change in Fund Balance For the Period Ended January 31, 2020

 	 	 	 	

DESCRIPTION

ADOPTED BUDGET

PRORATED BUDGET THRU 01/31/20

ACTUAL THRU 01/31/20

VARIANCE

Revenues

Interest Income	$0	$0	$2,507	$2,507	
	TOTAL REVENUES	 	$0 		 	$0 		 	$2,507 		 	$2,507 	
Expenditures									
Improvements		$0		$0		$8,762,483		($8,762,483)	
Cost of Issuance		$0		$0		$474,507		($474,507)	
	TOTAL EXPENDITURES	 	$0 		 	$0 		$9,236,990		($9,236,990)	

Excess ( deficiency) of revenues over (under) expenditures	
 	$0	
 	$0	

 	($9,234,483) 	

 	($9,234,483) 	
Other Financing Sources/(Uses):					
Bond Proceeds	$0	$0	$10,076,217	$10,076,217	
lnterfund Transfer In	$0	$0	$896	$896	
Total Other Financing					

Sources/(Uses):	 	$0	 	$0	$10,077,113	$10,077,113	

Net change in Fund Balance	
 	$0	
 	$0		
$842,630	$842,630	
FUND BALANCE - Beginning	$0		($2,610)	
FUND BALANCE - Ending	$0		$840,020	

Page 4

Campo Bello
COMMUNITY  DEVELOPMENT DISTRICT

Bond Issue:
Original Issue Amount:		Series 2019 Special Assessment Bonds
$10,450,000	
Term 1:		$1,050,000.00	
Interest Rate: Maturity Date:		3.25%
December 15, 2024	
Term 2:		
$1,515,000.00	
Interest Rate: Maturity Date:		3.50%
December 15, 2030	
Term 3:		$3,015,000.00	
Interest Rate: Maturity Date:		4.00%
December 15, 2039	
Term 24:		$4,870,000.00	
Interest Rate:		4.00%	
Maturity Date:		December 15, 2049	
Reserve Fund Requirement:		$301,100.00	
		50% of MADS	
Bonds outstanding	10/31/19	$10,450,000	
Less:		$0	
		$0	
Current Bonds Outstanding:		$10,450,000	

Campo Bello
Community Development District Series 2019 Special Assessment Bonds

1. Recap of Capital Project Fund Activity Through January 31, 2020

Source of Funds:	Interest Income	$2,507.21	
Transfer From Debt Service	$895.54	
Bond Proceeds	$10,076,217.36	
	$10,079,620.11	
Use of Funds:		
Disbursements:	Roadway Improvements	$3,038,146.95	
Stormwater Management & Drainage	$1,624,679.10	
Water Distribution	$1,929,449.83	
Sewage Collection System	$1,158,928.29	
Recreation & Open Space	$0.00	
Professional Fees	$1,013,889.06	
COi	 	$474,506.78 	
	$9,239,600.01	

Adjusted Balance in Construction Account at January 31, 2020	
$840,020.10	

2. Funds Available For Construction at January 31, 2020		
Book Balance of Construction Fund at January 31, 2020	$840,020.10		

3. Investments - US Bank		
January 31, 2020	Principal	
Construction Fund:	$840,020.10	
\DJ: Outstanding Requisitions	$0.00	
Balance at 1/31/20========$=8=40=,0=20=.1=0=

-, -

Campo Bello Community  Development District
Series 2019
Special  Assessment Bonds

. ;	··• :- .AMOUNT OF 
REQ.#;	CONTRACTOR	REQUISITION

-- -- ------

COi

Fixed Assets

$3,938,300.00

Roadway

$2,244,500.00	$1,580,800.00
Stormwater Mgmt &		Water Drainage	Distribution

$2,166,200.00
Sewage Crnlection System
:

$359,163.00

Annexation	Professional Fees

•.•COi ••.'Squire Patton BogQs................ ·,,	$40,000.00
COi  1Greenberg Traurig	$45,000.00
::: :::::t:.;:nt:::::::::::::::::::·:::::::::::::::::::: :::

$40,000.00
$45,000.00
$6,000.00

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1······	..........

.........$1,250.00 :  :::::::::::::::::::::::41................

:
--················+···--···········•-···1···············--•-··

COi    1Undeiwriters/Org Issue Discount     :	$296,791.15

$296,791.15

...  _..............

,....... ..

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COi    1GMS·SF.	:	$27,500.00   ......J?7,5()0,Q(l......._............._...

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•••COi •••1BillingCochran........................1	$37,000.00
COi  1USBank	:	$5,965.63

$37,000.00
$5,965.63

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...  COi •••:Ford Engineers .......................: . ............$15,000.00   ....... $15,000.00    	.................,,................
:	:

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:
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Grand Total	$9,239,600.01	$474,506.78	$8,765,093.23

$3,038.146.95

$1 S?A S7Q 1n $1,929,449.83 ii

$1,158 928.29

$0.00

$1 013 889.06

SUMMARY:		$9,239,600.01 IT REC'D Construction		COi	REC'D Construction		
BOND PROCEEDS	$10,076,217.36	$0.00	Oct-19	$0.00	$0.00	Oct•19	$0.00	
INT REC'D TO DATE	$2,507.21	NDV·19	$458,36	$3.83	Nov·19	$292.48	
TRANSFER FROM DEBT SERVICE	$895.54	Dec•19	$535.10	$0.12	Dec-19	$346,93	
LESS: REQ, PAID		Jan-20	$527.28	$0.12	Jan-20	$342.99	
BALANCE	$840,020.10	Feb-20	$0.00	$0.00	Feb-20	$0.00	
		Mar·20	$0.00	$0.00	Mar·20	$0.00	
RECONCILIATION		Apr·20	$0.00	$0,00	Apr•20	$0.00	
TRUST STATEMENT	$840,020.10	May·20	$0.00	$0,00	May•20	$0.00	
O/S REQ.	$0.00	Jun•20	$0.00	$0.00	Jun-20	$0.00	
ADJ BALANCE	$840,020.10	JtJ.20	$0.00	$0.00	Ju1•20	$0.00	
		Aug-20	$0.00	$0.00	Aug-20	$0.00	
VARIANCE	$0.00	 	Sep·20		$0.00		$0.00		Sep-20		$0.00		
			$1,520.741	$4,071		$982.4-01