AVE MARIA STEWARDSHIP COMMUNITY DISTRICT

COLLIER COUNTY REGULAR BOARD MEETING MAY 3, 2022
9:00 A.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410

www.avemariastewardshipcd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
AVE MARIA STEWARDSHIP COMMUNITY DISTRICT REGULAR BOARD MEETING
May 3, 2022
9:00 a.m.
Ave Maria Master Association (office/fitness center) 5080 Annunciation Circle, Unit 101
Ave Maria, Florida 34142
TO JOIN VIA ZOOM: https://us02web.zoom.us/j/83198051068 MEETING ID: 831 9805 1068 DIAL IN AT: 1 929 436 2866

Call to Order
Pledge of Allegiance
Invocation
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
April 5, 2022 Regular Board Meeting Minutes…	Page 2
Old Business
New Business
Consider Resolution No. 2022-14 – Proposed Legislation for Boundary Amendment…	Page 9
Audience Comments
Consider Resolution No. 2022-15 – Adopting a Prompt Payment Act…	Page 20
Audience Comments
Consider Resolution No. 2022-16 – Adopting Construction Protocols…	Page 33
Audience Comments
Discussion Regarding Preliminary Proposed Budget for 2022/2023…	Page 35
Audience Comments
Administrative Matters
Legal Report
Engineer Report
Manager’s Report
AMSCD Projects Update…	Page 55
Financials…	Page 57
Board Members Comments
Adjourn

Page 1

AVE MARIA STEWARDSHIP COMMUNITY DISTRICT REGULAR BOARD MEETING
Ave Maria Master Association 5080 Annunciation Circle, Unit 101 Ave Maria, Florida 34142
or
TO JOIN VIA ZOOM: https://us02web.zoom.us/j/83198051068 MEETING ID: 831 9805 1068 DIAL IN AT: 1 929 436 2866
APRIL 5, 2022

CALL TO ORDER

The April 5, 2022, Regular Board Meeting of the Ave Maria Stewardship Community District (the “District”) was called to order at 9:00 a.m. in the Ave Maria Master Association located at 5080 Annunciation Circle, Unit 101, Ave Maria, Florida 34142. The meeting was also available via the Zoom information indicated above.

PLEDGE OF ALLEGIANCE

INVOCATION

Mr. Klucik led the meeting in prayer.

PROOF OF PUBLICATION

Proof of publication was presented indicating that notice of the Regular Board Meeting had been published in the Naples Daily News on March 28, 2022, as legally required.

ESTABLISH A QUORUM

A quorum was established with the following:

Board of Supervisors
Chairman	Thomas Peek	Present	
Vice Chair	Jay Roth	Present	
Supervisor	Jeff Sonalia	Present	
Supervisor	Tom DiFlorio	Present	
Supervisor	Robb Klucik	Present	

District Staff in attendance were:

District Manager	Andrew Karmeris (via Zoom)	Special District Services, Inc.	
General Counsel	Alyssa Willson (via Zoom)	Kutak Rock, LLP	
District Engineer	Ted Tryka (via Zoom)	Agnoli Barber & Brundage, Inc.	

Page 1 of 5

Owner Representative	David Genson	Barron Collier Companies	
Owner Representative	Austin Howell	Barron Collier Companies	

Also present were the following:

Commissioner McDaniel, Sheriff’s Office Representative Lee VanGelder, Kim Twiss, Donnie Diaz, Nicole Green, Stu Grzenkowicz and Diana Romero.

There were also many others present via Zoom.

ADDITIONS OR DELETIONS TO THE AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

Ms. Romero asked if there was an update on a potential cemetery installation. Mr. Genson commented that there have been no discussions regarding the construction of a cemetery. Mr. Klucik suggested that residents who are interested in getting a cemetery need to locate an entity or group that builds and manages cemeteries. Mr. Peek added that there is nothing further to report on the topic as it is not District business.

District resident Stu Grzenkowicz asked if there was an update to his question about the speed limit on Ave Maria Blvd (AMB). Mr. Tryka addressed this question. He explained that the traffic study engineer looked into this, and it was confirmed that the 45 mile per hour speed limit was appropriate. He also added that the District does not have the power to change speed limits. Mr. Klucik commented that perhaps an additional crosswalk or crossing area is needed. Commissioner McDaniel asked if this was a District issue or perhaps a county enforcement issue? Ms. Willson stated that it traffic control and enforcement is not a District power. Sheriff’s Office Representative Lee VanGelder added that radar boxes had been set up to track the speeds of drivers on AMB and it resulted in an average speed of 3-5 mph over the limit. Mr. Genson stated the developer may look into ordering a new traffic study when a potential traffic circle or light is contemplated for AMB and Anthem.

APPROVAL OF MINUTES

March 1, 2022, Regular Board Meeting

The minutes of the March 1, 2022, Regular Board Meeting were presented for consideration. Mr. Klucik added that items 7-11 need to be moved to the beginning of new business.

A motion was made by Mr. Roth, seconded by Mr. Klucik and passed unanimously approving the minutes of the March 1, 2022, Regular Board Meeting, as amended.

OLD BUSINESS

Page 2 of 5

There were no old business items.

NEW BUSINESS

Consider Approval of Demand Note Agreement with Ave Maria Development

Ms. Willson presented. A lengthy discussion amongst the Board ensued. Mr. Klucik asked if staff can come up with contracting protocols or future solutions for this type of thing.

A motion was made by Mr. Roth, seconded by Mr. DiFlorio approving the Demand Note Agreement with Ave Maria Development in substantial form to allow for minor changes to agreements with all parties and authorizing the chairman to authorize change orders. The motion passed unanimously.

Consider Approval of Construction Cost Share Agreement with Ave Maria Development

Mr. Genson presented this item. Mr. Klucik asked if this was related to any other item on the agenda? Ms. Willson said no. Mr. Klucik asked if this was for infrastructure on current roads? Mr. Genson explained that this is for irrigation and would allow the District to go to the developer for non-District costs when a payment application is received.

A motion was made by Mr. DiFlorio seconded by Mr. Roth and passed unanimously approving the Construction Cost Share Agreement with Ave Maria Development, as presented.

Consider Approval of Temporary Construction Access Agreement

Mr. Klucik asked what is considered the Access Area? Ms. Willson replied that this is a broad term giving the developer authorization to access any District land for the three authorized activities listed in the agreement. A lengthy discussion about agreement language ensued.

A motion was made by Mr. Roth, seconded by Mr. DiFlorio and passed unanimously approving the Temporary Construction Access Agreement, as presented.

Discussion Regarding Golf Cart Use on Public Streets

Ms. Willson presented and discussed the memo provided in the meeting agenda package. Mr. DiFlorio stated that his main interests are the safety of the community and its residents. He added that the master association is planning two golf cart safety presentations. Mr. DiFlorio then asked if it was possible to restrict parking access at community events for unregistered golf carts? He then volunteered to man the gate at said events to check registrations. He also recommended the golf cart handbook be given out at every home closing within Ave Maria.

Consider Resolution No. 2022-13 Authorizing Boundary Amendment

Resolution No. 2022-13 was presented, entitled:

RESOLUTION 2022-13

Page 3 of 5

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE AVE MARIA STEWARSHIP COMMUNITY DISTRICT DIRECTING THE CHAIRMAN, BOARD MEMBERS AND DISTRICT STAFF TO SEEK LEGISLATION AMENDING THE DISTRICT BOUNDARIES, AND AUTHORIZING SUCH OTHER ACTIONS AS ARE NECESSARY IN FURTHERANCE OF THE BOUNDARY AMENDMENT PROCESS; AND PROVIDING AN EFFECTIVE DATE.

Mr. Klucik asked about the history of the District’s boundaries and how potential boundary changes may affect the future control of the Board. He then asked Mr. Genson what his future plans for the additional 1,000 acres would be? Mr. Genson stated the plans would be for a smaller version of Ave Maria with all of the same components. Mr. Klucik asked to see more backup before approving this to send the legislature for vote.

A motion was made by Mr. Roth, seconded by Mr. Klucik, Authorizing the Boundary Amendment with an addition to section 2 requiring a draft of the legislation be brought back to the Board at the May meeting for approval. The motion passed unanimously.

ADMINISTRATIVE MATTERS

Legal Report

Ms. Willson had nothing further to report.

Engineer’s Report

Mr. Tryka had nothing further to report.

Manager’s Report

a AMSCD Projects Update

Mr. Howell went over the projects update and fielded questions from the Board.

Mr. Diaz addressed the sidewalk repairs and explained that repairs were focused on grinding as opposed to replacement.

b. Financials

Mr. Karmeris presented the financial report provided in the agenda package.

BOARD MEMBER COMMENTS

There were no comments from the Board Members.

ADJOURNMENT

There being no further business to come before the Board, the Regular Board Meeting was adjourned at 11:23 a.m. by Chairman Peek. There were no objections.
Page 4 of 5

 	
Secretary/Assistant Secretary	Chair/Vice-Chairman

Page 5 of 5

AVE MARIA STEWARDSHIP COMMUNITY DISTRICT
APRIL 2022-DRAFT

Project Name	Start
Date	End
Date	Est. Cost	%
Complete	Responsible
Party	Comments	
Landscaping S.
AMB- Phase II	07/2020	TBD	TBD	0%	AMD	Bid accepted.	
Pilot Program-
Landscaping	11/2020	TBD	TBD		AMD	Anthem Phase 4 Inverted
Median – in design	
Avila/Roma 4-way	10/2021	02/2022	$20,000	Design 100%	District Engineer/	January construction start	
stop “swap” &				Begin Bid	AMD	expected.	
“STOP” on Roads;							
Parking Spot							
Removal							
Anthem Parkway
Phase 4	12/2020	03/2022	$2.6M	0%	AMD	Project underway	
Trees Replacement around Milano,
Avilla and AMB	10/2022	TBD				See monthly landscape report.	
Signage throughout
community					AMD	Draft of rules presented at
February 2022 meeting.	
External Projects							
Fire Station
Construction	03/2020	TBD	N/A		Immokalee Fire
District	Fire dept in new station, but
grand opening at later date.	
Public School K-5	03/2020	08/2024			AMD/School Bd	Architect/Design Phase	
Security Cameras (License Plate
Readers)	02/2021	2/2022	$70,000	100%	Master Assoc.	Waiting on Verizon account setup.	

AVE MARIA STEWARDSHIP COMMUNITY DISTRICT

Security Cameras (At North and South
Park)	01/2020	2/2022	$140,000	100%	Master Assoc.	Waiting on Verizon account setup.	
Hospital	TBD	TBD	TBD			AMD has done everything on their end. It is in the hands of the potential Hospital
Providers	

RESOLUTION NO. 2022-14

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE AVE MARIA STEWARSHIP COMMUNITY DISTRICT DIRECTING THE CHAIRMAN, BOARD MEMBERS AND DISTRICT STAFF TO SUPPORT LEGISLATION AMENDING THE DISTRICT BOUNDARIES, AND AUTHORIZING SUCH OTHER ACTIONS AS ARE NECESSARY IN FURTHERANCE OF THE BOUNDARY AMENDMENT PROCESS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Ave Maria Stewardship Community District (“District”) is a local unit of special purpose government created and existing pursuant to Chapter 2004-461, Laws of Florida, as amended (the “Act”); and

WHEREAS, pursuant to the Act, the District is authorized to construct, acquire, and maintain infrastructure improvements and services; and

WHEREAS, the District presently consists of approximately 10,805.08 acres, more or less, within Collier County as more fully described in the Act; and

WHEREAS, the District desires to support legislation to amend its boundaries to add approximately 1,001.06 acres, more or less, of development lands located within Collier County in accordance with the procedures and processes prescribed by Florida law, and such other actions as are necessary in furtherance of the boundary amendment process; and

WHEREAS, pursuant to Resolution 2022-13, attached hereto in draft legislation necessary to pursue such boundary amendment. The District desires to authorize the Chairman, Board Members and District staff, including but not limited to legal, engineering, and managerial staff, to provide such services as are necessary throughout the pendency of the boundary amendment process, and to ratify any actions by such persons taken to date in furtherance of the proposed boundary amendment.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE AVE MARIA STEWARDSHIP COMMUNITY DISTRICT:

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

SECTION 2. The Board hereby directs the Chairman, Board Members and District staff to proceed in an expeditious manner with the support of preparation and filing of legislation and related materials to seek the amendment of the District’s boundaries and authorizes the prosecution of the procedural requirements detailed in Florida law for the amendment of the District’s boundaries. Such legislation shall be in substantially similar form as that attached hereto as Exhibit A, unless revised

1

or amended as necessary throughout the adoption process. The Board hereby ratifies any actions by such persons taken to date in furtherance of the proposed boundary amendment.

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

PASSED AND ADOPTED this 3rd day of May, 2022.

ATTEST:	AVE MARIA STEWARDSHIP COMMUNITY DISTRICT

Secretary/Assistant Secretary	Chairman/Vice Chairman

2

Exhibit A

3

A bill to be entitled

An  act  relating  to  the  Ave  Maria  Stewardship
Community District, Collier County; amending ch.
2004-461, Laws of Florida; revising the boundaries
of the Ave Maria Stewardship Community District;
providing an effective date.
7
8	Be It Enacted by the Legislature of the State of Florida:
9
Section 1.	Section 4(2) of chapter 2004-461, Laws of
Florida, is amended to read:
12
(2)  LEGAL  DESCRIPTION.  The  metes  and  bounds  legal
description of the District, within which there are no
enclaves or parcels of property owned by those who do not wish
their property to be included within the District, is as
follows:
METES AND BOUNDS DESCRIPTION
DESCRIPTION OF PART OF SECTIONS 21, 22, 27, 28, 29, 30, AND 33
AND ALL OF SECTIONS 31 AND 32, TOWNSHIP 47 SOUTH, RANGE 29
EAST,
AND
PART OF SECTIONS 4, 9, 16, 17, AND 18 AND ALL OF SECTIONS 5,
6, 7, AND 8, TOWNSHIP 48 SOUTH, RANGE 29 EAST,
AND
PART OF SECTIONS  1, 12 AND 13, TOWNSHIP  48 SOUTH, RANGE 28
EAST,

1
CODING:	Deletions are stricken; additions are underlined.

AND
ALL OF SECTION 36, TOWNSHIP 47 SOUTH, RANGE 28 EAST, COLLIER
COUNTY, FLORIDA
COMMENCING AT THE NORTHWEST CORNER OF SECTION 27, TOWNSHIP 47
SOUTH, RANGE 29 EAST, COLLIER COUNTY, FLORIDA.
THENCE ALONG THE NORTH LINE OF SAID SECTION 27 NORTH 89°42'22"
EAST 40.00 FEET TO THE INTERSECTION WITH THE WEST RIGHT-OF-WAY
LINE OF CAMP KEIAS ROAD (80' RIGHT-OF-WAY) AND THE POINT OF
BEGINNING OF THE PARCEL HEREIN DESCRIBED:
THENCE ALONG SAID RIGHT-OF-WAY LINE IN THE FOLLOWING TWENTY
FOUR (24) DESCRIBED COURSES:
39	1) SOUTH 00°15'32" EAST 4936.39 FEET:
2) 395.35 FEET ALONG THE ARC OF A NON-TANGENTIAL CIRCULAR
CURVE CONCAVE WEST HAVING A RADIUS OF 3,707.51 FEET THROUGH A
CENTRAL ANGLE OF 06°05'35" AND BEING SUBTENDED BY A CHORD
WHICH BEARS SOUTH 02°47'23" WEST 395.17 FEET;
44	3) SOUTH 05°50'40" WEST 101.17 FEET:
45	4) THENCE SOUTH 89°37'49" WEST 7.63 FEET;
46	5) SOUTH 00°14'32" EAST 73.58 FEET;
47	6) SOUTH 05°51'27" WEST 224.83 FEET;
7) 403.87 FEET ALONG THE ARC OF A NON-TANGENTIAL CIRCULAR
CURVE CONCAVE EAST HAVING A RADIUS OF 3,798.14 FEET THROUGH A
CENTRAL ANGLE OF 06°05'33" AND BEING SUB- TENDED BY A CHORD
WHICH BEARS SOUTH 02°45'21" WEST 403.68 FEET;
52	8) SOUTH 00°14'33" EAST 1,907.96 FEET;
53	9)	SOUTH 00°22'10" EAST 2,609.43 FEET;
54	10) SOUTH 00°30'10" EAST 2,673.59 FEET;
55	11) SOUTH 00°35'31" EAST 2,684.14 FEET;
56	12) SOUTH 00°38'11" EAST 2,610.47 FEET;

2
CODING:	Deletions are stricken; additions are underlined.

57	13) SOUTH 00°30'34" EAST 200.03 FEET;
14)	202.91 FEET ALONG THE ARC OF A CIRCULAR CURVE CONCAVE
EAST HAVING A RADIUS OF 2,702.95 FEET THROUGH CENTRAL ANGLE OF
04°18'04" AND BEING SUBTENDED BY A CHORD WHICH BEARS SOUTH
61	02°39'36" EAST 202.86 FEET:
62	15) SOUTH 04°48'38" EAST 400.00 FEET;
63	16) SOUTH 05°08'04" EAST 95.99 FEET;
64	17) SOUTH 00°29'16" EAST 101.03 FEET;
18)	CONTINUE ALONG SAID LINE SOUTH 00°29'16" EAST 1,609.23
FEET:
67	19) SOUTH 00°59'03" EAST 2,660.06 FEET;
68	20) SOUTH 00°56'00" EAST 2,246.44 FEET;
21) 104.19 FEET ALONG THE ARC OF A NON-TANGENTIAL CIRCULAR
CURVE CONCAVE WEST HAVING A RADIUS OF 461.33 FEET THROUGH A
CENTRAL ANGLE OF 12°56'25" AND BEING SUBTENDED BY A CHORD
WHICH BEARS SOUTH 05°33'57" WEST 103.97 FEET:
73	22) SOUTH 12°02'43" WEST 100.00 FEET;
23)	122.31 FEET ALONG THE ARC OF A CIRCULAR CURVE CONCAVE
EAST HAVING A RADIUS OF 540.00 FEET THROUGH CENTRAL ANGLE OF
12°58'40" AND BEING SUBTENDED BY A CHORD WHICH BEARS SOUTH
77	05°33'23" WEST 122.05 FEET:
24) SOUTH 00°55'58" EAST 49.54 FEET TO THE NORTH RIGHT OF WAY
LINE OF OIL WELL ROAD (100' RIGHT OF WAY)
THENCE ALONG SAID NORTH RIGHT OF WAY IN THE FOLLOWING EIGHT
(8) DESCRIBED COURSES:
82	1) SOUTH 88°57'46" WEST 2,595.92 FEET;
83	2) SOUTH 88°54'34" WEST 2,641.05 FEET;
84	3) SOUTH 88°57'06" WEST 2,570.04 FEET;
85	4) SOUTH 88°55'37" WEST 2,702.71 FEET;

3
CODING:	Deletions are stricken; additions are underlined.

86	5) SOUTH 88°56'50" WEST 2,645.03 FEET;
87	6) SOUTH 88°56'28" WEST 2,639.06 FEET;
88	7) SOUTH 89°44'55" WEST 2,676.56 FEET;
8) SOUTH  89°44'33" WEST 0.82 FEET TO THE WEST LINE OF THOSE
LANDS DESCRIBED IN O.R. BOOK 2493, PAGE 2779-2796;
THENCE ALONG SAID LINE NORTH 01°11'28"WEST 2,637.90 FEET TO
THE NORTH LINE OF THOSE LANDS DESCRIBED IN O.R. BOOK 2493,
93	PAGE 2779-2796;
THENCE ALONG SAID LINE NORTH  89°32'26" EAST 1,332.28 FEET TO
A NORTHWEST CORNER OF THOSE LANDS DESCRIBED IN O.R. BOOK  2009
96	PAGE 1554-1558;
THENCE ALONG THE NORTH LINE OF SAID LANDS NORTH	89°32'26"
EAST 360.40 FEET TO THE INTERSECTION WITH THE WEST LINE OF
THOSE LANDS DESCRIBED IN O.R. BOOK 2943 PAGE 2779-2796;
THENCE ALONG THE WEST LINE OF SAID LANDS NORTH  01°11'02" WEST
2,688.15 FEET TO THE INTERSECTION WITH SOUTH LINE OF SECTION
12, TOWNSHIP 48 SOUTH. RANGE 28 EAST,
THENCE ALONG SAID LINE SOUTH 89°24'56" \VEST 151.63 FEET TO
THE INTERSECTION WITH THE WEST LINE OF THOSE LANDS DESCRIBED
105	IN O.R. BOOK 2493 PAGE 2779-2796:
THENCE ALONG THE WEST LINE OF SAID LANDS NORTH 00°44'30" WEST
5,387.66 FEET TO THE INTERSECTION WITH THE NORTH LINE OF SAID
SECTION 12:
THENCE ALONG SAID NORTH LINE NORTH 89°00'09" EAST 23.81 FEET
TO INTERSECTION WITH THE WEST LINE OF THOSE LANDS DESCRIBED IN
111	O.R. BOOK 2493 PAGES 2779-2796;
THENCE ALONG THE WEST LINE OF SAID LANDS NORTH 00°43'12" WEST
5,312.87 FEET TO THE SOUTH LINE OF SECTION 36, TOWNSHIP	47
SOUTH, RANGE 28 EAST;
THENCE ALONG SAID SOUTH LINE SOUTH	89°28'47" WEST 1,591.63
FEET;

4
CODING:	Deletions are stricken; additions are underlined.

THENCE CONTINUE ALONG SAID SOUTH LINE SOUTH 89°28'47" WEST
2,658.12 FEET TO THE SOUTH \VEST CORNER OF SAID SECTION 36;
THENCE ALONG THE WEST LINE OF SAID SECTION 36 NORTH 00°12'02"
120	WEST 2,594.56 FEET;
THENCE CONTINUE ALONG THE WEST LINE OF SAID SECTION 36 NORTH
00°13'09" EAST 2,595.59 FEET TO THE NORTHWEST CORNER OF SAID
SECTION 36;
THENCE ALONG THE NORTH LINE OF SAID SECTION 36 NORTH 89°57'18"
125	EAST 2,678.23 FEET;
THENCE CONTINUE ALONG THE NORTH LINE OF SAID SECTION NORTH
89°57'18" EAST 2,678.23 FEET TO THE NORTH EAST CORNER OF SAID
SECTION 36;
THENCE ALONG THE WEST LINE OF SECTION 30, TOWNSHIP 47 SOUTH,
RANGE 29 EAST, NORTH 00°13'04" WEST 2,580.06 FEET:
THENCE CONTINUE ALONG SAID WEST LINE OF SAID SECTION 30 NORTH
00°10'45" WEST 2,527.41 FEET TO THE SOUTH RIGHT OF WAY LINE OF
IMMOKALEE ROAD (100' RIGHT OF WAY)
THENCE ALONG SAID RIGHT OF WAY LINE FOR THE FOLLOWING NINE (9)
DESCRIBED COURSES;
136	1) SOUTH 89°43'35" EAST 0.74 FEET;
137	2) NORTH 87°40'12" EAST 2,582.06 FEET;
138	3) NORTH 87°38'44" EAST 2,630.49 FEET;
139	4) NORTH 87°41'38" EAST 2,640.92 FEET;
140	5) NORTH 87°46'05" EAST 2,645.58 FEET;
141	6) NORTH 89°37'45" EAST 2,687.06 FEET;
142	7) NORTH 89°39'06" EAST 780.08 FEET;
8) 3,074.23 FEET ALONG THE ARC OF A NON-TANGENTIAL CIRCULAR
CURVE CONCAVE NORTHWEST HAVING A RADIUS OF 1,960.26 FEET
THROUGH A CENTRAL ANGLE OF 89°51'20" AND BEING SUBTENDED BY A
CHORD WHICH BEARS NORTH 44°42'37" EAST 2,768.73 FEET:
5
CODING:	Deletions are stricken; additions are underlined.

9)  NORTH 00°27'14" \VEST 663.14 FEET TO THE INTERSECTION WITH
THE SOUTH RIGHT-OF-WAY LINE OF SAID CAMP KEIAS ROAD;
THENCE ALONG SAID RIGHT-OF-WAY LINE IN THE FOLLOWING SEVEN (7)
DESCRIBED COURSES:
151	1) SOUTH 89°56'24" EAST 266.14 FEET;
2) 722.56 FEET ALONG THE ARC OF A NON-TANGENTIAL CIRCULAR
CURVE CONCAVE SOUTHWEST HAVING A RADIUS OF 460.00 FEET THROUGH
A CENTRAL ANGLE OF 89°59'58" AND BEING SUBTENDED BY A CHORD
WHICH BEARS SOUTH 44°56'23" EAST 650.54 FEET;
156	3) SOUTH 00°03'36" WEST 600.00 FEET;
4)  529.01 FEET ALONG THE ARC OF A CIRCULAR CURVE CONCAVE WEST
HAVING A RADIUS OF 760.00 FEET THROUGH CENTRAL ANGLE OF
39°52'53" AND BEING SUBTENDED BY A CHORD WHICH BEARS SOUTH
160	20°00'02" WEST 518.39 FEET;
161	5) SOUTH 39°56'29" WEST 543.45 FEET;
6)  589.90 FEET ALONG THE ARC OF A CIRCULAR CURVE CONCAVE EAST
HAVING A RADIUS OF 840.00 FEET THROUGH CENTRAL ANGLE OF
40°14'11" AND BEING SUBTENDED BY A CHORD WHICH BEARS SOUTH
165	19°49'24" WEST 577.85 FEET;
7)  SOUTH 00°17'42" EAST 60.83 FEET TO THE POINT OF BEGINNING,
CONTAINING 10805.08 ACRES, MORE OR LESS. SUBJECT TO EASEMENTS
AND RESTRICTIONS OF RECORD, BEARINGS ARE BASED ON THE WEST
HALF OF THE SOUTH LINE OF SECTION 16, TOWNSHIP 48 SOUTH, RANGE
29 EAST, COLLIER COUNTY, FLORIDA BEING SOUTH 88°54'34" WEST.
ALSO:
SECTION 34, TOWNSHIP 47 SOUTH, RANGE 29 EAST, AND THE
NORTH 1/2 OF SECTION 3, AND THE NORTHWEST 1/4 OF SECTION 2,
LYING WEST OF THE WEST TOE OF THE RESERVOIR PERIMETER DIKE,
TOWNSHIP 48 SOUTH, RANGE. 29 EAST, ALL LYING IN COLLIER
COUNTY, FLORIDA, AND BEING MORE PARTICULARLY DESCRIBED AS
FOLLOWS: BEGINNING AT THE NORTHWEST CORNER OF SAID SECTION 34;
6
CODING:	Deletions are stricken; additions are underlined.

THENCE NORTH 88° 16' 07" EAST, ALONG THE NORTH LINE OF SECTION
34, A DISTANCE OF 2676.29 FEET, TO THE NORTH 1/4 CORNER OF
SAID SECTION; THENCE NORTH 88° 14' 03" EAST, ALONG THE NORTH
LINE OF SECTION 34, A DISTANCE OF 2674.26 FEET, TO THE
NORTHEAST CORNER OF SECTION 34; THENCE SOUTH 01° 10' 01" EAST,
ALONG THE EAST LINE OF SECTION 34, A DISTANCE OF 2612.26 FEET
TO THE EAST 1/4 CORNER OF SECTION 34; THENCE SOUTH 01° 10' 03"
EAST ALONG THE EAST LINE OF SECTION 34 A DISTANCE OF 2612.26
FEET, TO THE SOUTHEAST CORNER OF SECTION 34; THENCE NORTH 88°
19' 34" EAST, ALONG THE NORTH LINE OF SAID SECTION 2, A
DISTANCE OF 1303.65 FEET, TO THE WEST TOE OF THE RESERVOIR
PERIMETER DIKE; THENCE ALONG SAID TOE OF DIKE, THE FOLLOWING
COURSES AND DISTANCES: SOUTH 22° 48' 31" WEST, DISTANCE
1909.13 FEET; SOUTH 01° 27' 33" WEST, DISTANCE 455.64 FEET;
SOUTH 35° 43' 39" WEST. DISTANCE 456.61 FEET; SOUTH 46° 03'
55" WEST, DISTANCE 182.61 FEET, TO THE EAST-WEST 1/4 SECTION
LINE OF SAID SECTION 2; THENCE SOUTH 88° 17' 59" WEST. ALONG
THE EAST-WEST 1/4 SECTION LINE OF SECTION 2, A DISTANCE OF
110.56 FEET, TO THE WEST 1/4 CORNER OF SECTION 2; THENCE SOUTH
88° 22' 29" WEST, ALONG THE EAST-WEST 1/4 SECTION LINE OF SAID
SECTION 3, A DISTANCE OF 5326.54 FEET, TO THE WEST 1/4 CORNER
OF SECTION 3; THENCE NORTH 01° 23' 05" WEST. ALONG THE WEST
SECTION LINE, A DISTANCE OF 2673.56 FEET, TO THE NORTHWEST
CORNER OF SECTION 3; THENCE NORTH 01° 15' 11" WEST, ALONG THE
WEST LINE OF SECTION 34, A DISTANCE OF 2609.46 FEET, TO THE
WEST 1/4 CORNER OF SECTION 34; THENCE NORTH 01° 07' 28" WEST,
ALONG SAID SECTION LINE, A DISTANCE OF 2608.05 FEET, TO THE

7
CODING:	Deletions are stricken; additions are underlined.

NORTHWEST CORNER OF SECTION 34, AND THE POINT OF BEGINNING.
LESS THE NORTH 60 FEET OF SAID SECTION 34 THEREOF, AND LESS
LANDS LYING WITHIN CAMP KEAIS ROAD AND LANDS CONVEYED IN DEED
RECORDED IN OFFICIAL RECORDS BOOK 1579, PAGE 1757.
SAID LANDS CONTAIN APPROXIMATELY 1,001.06 ACRES, MORE OR
LESS.

CONTAINING A TOTAL OVERALL AREA OF 11,806.14 ACRES, MORE

OR LESS.
213
Section 2. This act shall take effect upon becoming law.

8
CODING:	Deletions are stricken; additions are underlined.

RESOLUTION 2022‐15

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE AVE MARIA STEWARDSHIP COMMUNITY DISTRICT ADOPTING PROMPT PAYMENT POLICIES AND PROCEDURES PURSUANT TO CHAPTER 218, FLORIDA STATUTES; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Ave Maria Stewardship Community District (the “District”) is a local unit of special‐purpose government created and established pursuant to Chapter 2004‐461, Laws of Florida, being situated entirely within Collier County, Florida; and

WHEREAS, Chapter 218, Florida Statutes, requires timely payment to vendors and contractors providing certain goods and/or services to the District; and

WHEREAS, the Board of Supervisors of the District (“Board”) accordingly finds that it is in the best interest of the District to establish by resolution the Prompt Payment Policies and Procedures attached hereto as Exhibit A for immediate use and application.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE AVE MARIA STEWARDSHIP COMMUNITY DISTRICT:

SECTION 1.  The Prompt Payment Policies and Procedures attached hereto as Exhibit A are hereby adopted pursuant to this Resolution as necessary for the conduct of District business. The Prompt Payment Policies and Procedures shall remain in full force and effect until such time as the Board may amend them; provided, however, that as the provisions of Chapter 218, Florida Statutes, are amended from time to time, the attached Prompt Payment Policies and Procedures shall automatically be amended to incorporate the new requirements of law without any further action by the Board.

SECTION 2.  If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 3.   This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this     day of 	, 2022.

ATTEST:	AVE MARIA STEWARDSHIP COMMUNITY DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	Prompt Payment Policies and Procedures

AVE MARIA STEWARDSHIP
COMMUNITY DISTRICT

Prompt Payment Policies and Procedures
In Accordance with the Local Government Prompt Payment Act Chapter 218, Part VII, Florida Statutes

May 3, 2022

Page 21

Ave Maria Stewardship Community District Prompt Payment Policies and Procedures
Table of Contents
Purpose	1
Scope	1
Definitions	1
Agent	1
Construction Services	1
Contractor or Provider of Construction Services	1
Date Stamped	1
Improper Invoice	2
Improper Payment Request	2
Non‐Construction Goods and Services.	2
Proper Invoice	2
Proper Payment Request	2
Provider	2
Purchase	2
Vendor	2
Proper Invoice/Payment Request Requirements	3
General	3
Sales Tax	3
Federal Identification and Social Security Numbers	3
Proper Invoice for Non‐Construction Goods and Services	3
Proper Payment Request Requirements for Construction Services	4
Submission of Invoices and Payment Requests	4
Calculation of Payment Due Date	5
Non‐Construction Goods and Services Invoices	5
Payment Requests for Construction Services	6
Resolution of Disputes	7
Dispute Between the District and a Provider	7
Dispute Resolution Procedures	7
Purchases Involving Federal Funds or Bond Funds	8
Requirements for Construction Services Contracts – Project Completion; Retainage	8
Late Payment Interest Charges	9
Related to Non‐Construction Goods and Services	9
Related to Construction Services	9
Report of Interest	9

Purpose
In accordance with the Local Government Prompt Payment Act (Chapter 218, Part VII, Florida Statutes) (“PPA”), the purpose of the Ave Maria Stewardship Community District (“District”) Prompt Payment Policies and Procedures (“Policies & Procedures”) is to provide a specific policy to ensure timely payment to Vendors and Contractors (both hereinafter defined) providing goods and/or services to the District and ensure the timely receipt by the District of goods and/or services contemplated at the time of contracting. Please note that the PPA, like any statute or law, may be amended from time to time by legislative action. These Policies & Procedures are based on the statutory requirements as of the date identified on the cover page of this document. By this reference, as applicable statutory provisions subsequently change, these Policies & Procedures shall automatically be amended to incorporate the new requirements of law. These Policies & Procedures are adopted by the District to provide guidance in contracting matters. Failure by the District to comply with these Policies & Procedures shall not expand the rights or remedies of any Provider (hereinafter defined) against the District under the PPA. Nothing contained herein shall be interpreted as more restrictive on the District than what is provided for in the PPA.

Scope
These Policies & Procedures apply to all operations of the District, including Construction Services and Non‐Construction Goods and Services, as applicable.

Definitions

Agent
The District‐contracted architect, District‐contracted engineer, District Manager, or other person, acting on behalf of the District, which is required by law or contract to review invoices or payment requests from Providers (hereinafter defined). Such individuals/entities must be identified in accordance with §218.735 (1), Fla. Stat., and further identified in the relevant agreement between the District and the Provider.

Construction Services
All labor, services, and materials provided in connection with the construction, alteration, repair, demolition, reconstruction, or other improvement to real property that require a license under parts I and II of Chapter 489, Fla. Stat.

Contractor or Provider of Construction Services
The entity or individual that provides Construction Services through direct contract with the District.

Date Stamped
Each original and revised invoice or payment request received by the District shall be marked electronically or manually, by use of a date stamp or other method,

1

which date marking clearly indicates the date such invoice or payment request is first delivered to the District through its Agent. In the event that the Agent receives an invoice or payment request, but fails to timely or physically mark on the document the date received, “Date Stamped” shall mean the date of actual receipt by the Agent.

Improper Invoice
An invoice that does not conform to the requirements of a Proper Invoice.

Improper Payment Request
A request for payment for Construction Services that does not conform to the requirements of a Proper Payment Request.

Non‐Construction Goods and Services
All labor, services, goods and materials provided in connection with anything other than construction, alteration, repair, demolition, reconstruction, or other improvements to real property.

Proper Invoice
An invoice that conforms to all statutory requirements, all requirements of these Policies and Procedures not expressly waived by the District and any additional requirements included in the agreement for goods and/or services for which the invoice is submitted not expressly waived by the District.

Proper Payment Request
A request for payment for Construction Services which conforms to all statutory requirements, all requirements of these Policies & Procedures not expressly waived by the District and any additional requirements included in the Construction Services agreement for which the Payment Request is submitted not expressly waived by the District.

Provider
Includes any Vendor, Contractor or Provider of Construction Services, as defined herein.

Purchase
The purchase of goods, materials, services, or Construction Services; the purchase or lease of personal property; or the lease of real property by the District.

Vendor
Any person or entity that sells goods or services, sells or leases personal property, or leases real property directly to the District, not including Construction Services.

2

Proper Invoice/Payment Request Requirements

General
Prior to Provider receiving payment from the District, Non‐Construction Goods and Services and Construction Services, as applicable, shall be received and performed in accordance with contractual or other specifications or requirements to the satisfaction of the District. Provision or delivery of Non‐Construction Goods and Services to the District does not constitute acceptance for the purpose of payment. Final acceptance and authorization of payment shall be made only after delivery and inspection by the Agent and the Agent’s confirmation that the Non‐ Construction Goods and Services or Construction Services meet contract specifications and conditions. Should the Non‐Construction Goods and Services or Construction Services differ in any respect from the specifications, payment may be withheld until such time as the Provider takes necessary corrective action. Certain limited exceptions which require payment in advance are permitted when authorized by the District Board of Supervisors (“Board”) or when provided for in the applicable agreement.

Sales Tax
Providers should not include sales tax on any invoice or payment request. The District’s current tax‐exempt number is 85‐8013183998C‐5. A copy of the tax‐ exempt form will be supplied to Providers upon request.

Federal Identification and Social Security Numbers
Providers are paid using either a Federal Identification Number or Social Security Number. To receive payment, Providers should supply the District with the correct number as well as a proper Internal Revenue Service W‐9 Form. The District Manager shall treat information provided in accordance with Florida law.

Providers should notify the District Manager when changes in data occur (telephone 561‐630‐4922, email akarmeris@sdsinc.org.

Proper Invoice for Non‐Construction Goods and Services
All Non‐Construction Goods and Services invoiced must be supplied or performed in accordance with the applicable purchase order (including any bid/proposal provided, if applicable) or agreement and such Non‐Construction Goods and Services quantity and quality must be equal to or better than what is required by such terms. Unless otherwise specified in the applicable agreement, invoices should contain all of the following minimum information in order to be considered a Proper Invoice:

Name of Vendor
Remittance address
Invoice Date

3

Invoice number
The “Bill To” party must be the District or the Board, or other entity approved in writing by the Board of the District Manager
Project name (if applicable)
In addition to the information required in Section IV.D.1‐6 above, invoices involving the purchase of goods should also contain:
A complete item description
Quantity purchased
Unit price(s)
Total price (for each item)
Total amount of invoice (all items)
The location and date(s) of delivery of the goods to the District
In addition to the information required in Section IV.D.1‐6 above, invoices involving the purchase of services should also contain:
Itemized description of services performed
The location and date of delivery of the services to the District
Billing method for services performed (i.e., approved hourly rates, percentage of completion, cost plus fixed fee, direct/actual costs, etc.)
Itemization of other direct, reimbursable costs (including description and amount)
Copies of invoices for other direct, reimbursable costs (other than incidental costs such as copying) and one (1) of the following:
Copy of both sides of a cancelled check evidencing payment for costs submitted for reimbursement
Paid receipt
Waiver/lien release from subcontractor (if applicable)
Any applicable discounts
Any other information or documentation, which may be required or specified under the terms of the purchase order or agreement

Proper Payment Request Requirements for Construction Services
Payment Requests must conform to all requirements of Section IV, A‐D above, unless otherwise specified in the terms of the applicable agreement or purchase order between the District and the Provider.

Submission of Invoices and Payment Requests
The Provider shall submit all Invoices and Payment Requests for both Construction Services and Non‐Construction Goods and Services to the District’s Agent as provided in the purchase order or agreement, as applicable, and to the District Manager as follows:

Submit the invoice and/or payment request, with required additional material and in conformance with these Policies and Procedures, by mail, by hand delivery, or via email (Note: email is the preferred method for receipt of Non‐Construction Goods and Services invoices).

4

Mailing and Drop Off Address
Ave Maria Stewardship Community District c/o Special District Services, LLC 6945E$Fyvrw$Vseh$
Palm Beach Gardens, Florida 33410

Email Address
akarmeris@sdsinc.org

Calculation of Payment Due Date

Non‐Construction Goods and Services Invoices

Receipt of Proper Invoice
Payment is due from the District forty‐five (45) days from the date on which a Proper Invoice is Date Stamped.

Receipt of Improper Invoice
If an Improper Invoice is received, a required invoice is not received, or invoicing of a request for payment is not required, the time when payment is due from the District is forty‐five (45) days from the latest date of the following:
On which delivery of personal property is fully accepted by the District;
On which services are completed and accepted by the District;
On which the contracted rental period begins (if applicable); or
On which the District and the Vendor agree in a written agreement that provides payment due dates.

Rejection of an Improper Invoice
The District may reject an Improper Invoice. Within ten (10) days of receipt of the Improper Invoice by the District, the Vendor must be notified that the invoice is improper and be given an opportunity to correct the deficient or missing information, remedy the faulty work, replace the defective goods, or take other necessary, remedial action.

The District’s rejection of an Improper Invoice must:
Be provided in writing;
Specify any and all known deficiencies; and
State actions necessary to correct the Improper Invoice.

If the Vendor submits a corrected invoice, which corrects the deficiencies specified in the District’s written rejection, the District must pay the corrected invoice within the later of: (a) ten (10) business days after date

5

the corrected invoice is Date Stamped; or (b) forty‐five (45) days after the date the Improper Invoice was Date Stamped.

If the Vendor submits an invoice in response to the District’s written rejection which fails to correct the deficiencies specified or continues to be an Improper Invoice, the District must reject that invoice as stated herein.

Payment of Undisputed Portion of Invoice
If the District disputes a portion of an invoice, the undisputed portion shall be paid in a timely manner and in accordance with the due dates for payment as specified in these Policies & Procedures.

Payment Requests for Construction Services

Receipt of Proper Payment Request
The time at which payment is due for Construction Services from the District is as follows:

If an Agent must approve the payment request before it is submitted to the District Manager, payment (whether full or partial) is due twenty‐five (25) business days after the payment request is Date Stamped. The Provider may send the District an overdue notice. If the payment request is not rejected within four
(4) business days after Date Stamp of the overdue notice, the payment request shall be deemed accepted, except for any portion of the payment request that is fraudulent, misleading or is the subject of dispute.

The agreement between the District and the Provider shall identify the Agent to which the Provider shall submit its payment request, or shall be provided by the District through a separate written notice no later than ten (10) days after contract award or notice to proceed, whichever is later. Provider’s submission of a payment request to the Agent shall be Date Stamped, which shall commence the time periods for payment or rejection of a payment request or invoice as provided in this section.

If, pursuant to contract, an Agent is not required to approve the payment request submitted to the District, payment is due twenty
(20) business days after the payment request is Date Stamped unless such payment request includes fraudulent or misleading information or is the subject of dispute.

Receipt and Rejection of Improper Payment Request

6

If an Improper Payment Request is received, the District must reject the Improper Payment Request within twenty (20) business days after the date on which the payment request is Date Stamped.

The District’s rejection of the Improper Payment Request must:
Be provided in writing;
Specify any and all known deficiencies; and
State actions necessary to correct the Improper Invoice.

If a Provider submits a payment request which corrects the deficiency specified in the District’s written rejection, the District must pay or reject the corrected submission no later than ten (10) business days after the date the corrected payment request is Date Stamped.

Payment of Undisputed Portion of Payment Request
If the District disputes a portion of a payment request, the undisputed portion shall be paid in a timely manner and in accordance with the due dates for payment as specified in this section.

Resolution of Disputes

If a dispute arises between a Provider and the District concerning payment of an invoice or payment request, the dispute shall be resolved as set forth in §218.735, Fla. Stat., for Construction Services, and §218.76, Fla. Stat. for Non‐Construction Goods and Services.

Dispute between the District and a Provider
If a dispute between the District and a Provider cannot be resolved following resubmission of a payment request by the Provider, the dispute must be resolved in accordance with the dispute resolution procedure prescribed in the construction contract, if any. In the absence of a prescribed procedure in the contract, the dispute must be resolved by the procedures specified below.

Dispute Resolution Procedures

If an Improper Payment Request or Improper Invoice is submitted, and the Provider refuses or fails to submit a revised payment request or invoice as contemplated by the PPA and these Policies and Procedures, the Provider shall, not later than thirty (30) days after the date on which the last payment request or invoice was Date Stamped, submit a written statement via certified mail to the Agent, copying the District Manager, specifying the basis upon which the Provider contends the last submitted payment request or invoice was proper.

7

Within forty‐five (45) days of receipt by the Agent and District Manager of the disputed, last‐submitted payment request or invoice, the Agent and/or District Manager shall commence investigation of the dispute and render a final decision on the matter no later than sixty (60) days after the date on which the last‐submitted payment request or invoice is Date Stamped.

Absent a written agreement to the contrary, if the Provider refuses or fails to provide the written statement required above, the Agent and/or District Manager is not required to contact the Provider in the investigation. In addition, and absent a written agreement to the contrary, if such written statement is not provided, the District may immediately contract with third parties to provide the goods and services subject to the dispute and deduct the costs of such third party purchases from amounts owed to the Provider.

The Board shall approve any decision of the District Manager to contract with a third party which would result in: 1) an expenditure above what is budgeted for the Construction Services or Non‐Construction Services; or 2) an expenditure which exceeds the original contract amount for the Construction Services or Non‐Construction Services by more than ten percent (10%) or Ten Thousand Dollars ($10,000).

A written explanation of the final decision shall be sent to the Provider, via certified mail, within five (5) business days from the date on which such final decision is made. A copy of the written explanation of the final decision shall be provided to the Chairperson of the Board simultaneously with the certified mailing to the Provider.

If a Provider does not accept in writing the final decision within five (5) days after receipt by the Provider, the District may immediately contract with third parties to provide the goods and services subject to the dispute and deduct the costs of such third party purchases from amounts owed to the Provider. If the costs of the third party purchases exceed the amount the District owes to the Provider, the District may seek to recover such excess from the Provider in a court of law or as otherwise provided in an agreement between the District and the Provider. Nothing contained herein shall limit or affect the District’s ability to enforce all of its legal and contractual rights and remedies against the Provider.

Purchases Involving Federal Funds or Bond Funds

When the District intends to pay for a purchase with federal funds or bond funds, the District shall make such purchases only upon reasonable assurances that federal funds or bond funds sufficient to cover the cost will be received. When payment is contingent

8

upon the receipt of bond funds, federal funds or federal approval, the public procurement documents and any agreement with a Provider shall clearly state such contingency. (§218.77, Fla. Stat.).

Requirements for Construction Services Contracts – Project Completion; Retainage

The District intends to follow the PPA requirements for construction project completion and retainage, including, but not limited to, §218.735 (7) and (8), Fla. Stat.

Late Payment Interest Charges

Failure on the part of the District to make timely payments may result in District responsibility for late payment interest charges. No agreement between the District and a Provider may prohibit the collection of late payment interest charges allowable under the PPA as mandatory interest. (§218.75, Fla. Stat.).

Related to Non‐Construction Goods and Services
All payments due from the District, and not made within the time specified within this policy, will bear interest, from thirty (30) days after the due date, at the rate of one percent (1%) per month on the unpaid balance. The Vendor must submit a Proper Invoice to the District for any interest accrued in order to receive the interest payment. (§218.735(9), Fla. Stat.).

An overdue period of less than one (1) month is considered as one (1) month in computing interest. Unpaid interest is compounded monthly. The term one (1) month means a period beginning on any day of a month and ending on the same day of the following month.

Related to Construction Services
All payments for Construction Services that are not made within the time periods specified within the applicable statute, shall bear interest from thirty (30) days after the due date, at the rate of one percent (1%) per month, or the rate specified by agreement, whichever is greater. §218.739(9), Fla. Stat. The Provider must submit a Proper Payment Request to the District for any interest accrued in order to receive the interest payment. An overdue period of less than one (1) month is considered as one (1) month in computing interest. (§218.74 (4), Fla. Stat.).

Unpaid interest is compounded monthly. The term one (1) month means a period beginning on any day of a month and ending on the same day of the following month.

Report of Interest

9

If the total amount of interest paid during the preceding fiscal year exceeds $250, the District Manager is required to submit a report to the Board during December of each year, stating the number of interest payments made and the total amount of such payments. (§218.78, Fla. Stat.).

10

RESOLUTION 2022-16

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE AVE MARIA STEWARDSHIP COMMUNITY DISTRICT ADOPTING CONSTRUCTION PROTOCOLS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Ave Maria Stewardship Community District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 2004-461, Laws of Florida, (the “Act”); and

WHEREAS, the Act authorizes the District to construct, install, acquire, operate and/or maintain systems and facilities for certain basic public infrastructure; and

WHEREAS, the District prequalified contractors for future District infrastructure construction and maintenance projects, including construction of roadways, stormwater management facilities, irrigation facilities, earthwork, landscape, hardscape, street lighting, and other public improvements and maintenance services including exotic vegetation removal and lake and littoral maintenance; and

WHEREAS, such prequalification is valid for a period of three (3) years until May 4, 2024, after which time the Board of Supervisors, at its own discretion, could extend the prequalification period for up to an additional two (2) years or begin the prequalification process again; and

WHEREAS, the District now desires to adopt construction contracting protocols in accordance with Section 1 below.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE AVE MARIA STEWARDSHIP COMMUNITY DISTRICT:

SECTION 1. The District shall adhere to the following construction contracting protocols:

District Engineer and Construction Manager shall compile a scope of work to solicit bids from prequalified contractors.  For construction projects in excess of
$200,000.00 such scope of work shall require bids to include the cost of a payment and performance bond.
District Engineer and Construction Manager shall review the bids and provide an analysis and recommendation to the Board of Supervisors.
Board of Supervisors shall review the analysis and recommendation which shall be accepted or rejected in accordance with the District’s Rules of Procedures or as authorized by law.
In the event of selection of the contractor, Board shall authorize District staff to prepare the requisite agreement. District may require contractor to provide payment

Page 1 of 2

and performance bond or in its sole discretion may accept an alternate form of security as allowed pursuant to law.
In the event District requires contracting for work for which there are no prequalified contractors, District shall procure such work in accordance with the District’s Rules of Procedures.

SECTION 2. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 3. This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this 3rd day of May, 2022.

ATTEST:	AVE MARIA STEWARDSHIP COMMUNITY DISTRICT

Secretary	Chairman

Page 2 of 2

Ave Maria Stewardship Community District

Proposed Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

AVE MARIA STEWARDSHIP COMMUNITY DISTRICT
FISCAL YEAR 2021/2022 BUDGET

TABLE OF CONTENTS

Budget Summary
Final Budget	3
Detailed Proposed Budget	4
Budget Comparison To Previous Year	5
Debt Service
Detailed Final Series 2019 (refi of 2006) Debt Service Fund Budget	6
Detailed Final Series 2022 (refi of 2012) Debt Service Fund Budget	7
Detailed Final Series 2021 Debt Service Fund Budget	8
Detailed Final Series 2021 BANS Debt Service Fund Budget	9
Detailed Final Series 2015 (Maple Ridge) Debt Service Fund Budget	10
Detailed Final Series 2016 (Maple Ridge) Debt Service Fund Budget	11
Detailed Final Series 2018 (Maple Ridge) Debt Service Fund Budget	12
Detailed Final Series 2020 (Maple Ridge) Debt Service Fund Budget	13
Detailed Final Series 2022 (Maple Ridge) Debt Service Fund Budget	14
Detailed Final Series 2021 (Ave Maria National) Debt Service Fund Budget	15
Maintenance & Assessments Breakdown
Detailed Final Maintenance Budget	16
Assessment Breakdown	17
Assessment Comparison	18

41%

Assessments

59%

Developer Contributions

PROPOSED BUDGET
AVE MARIA STEWARDSHIP COMMUNITY DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

Sources	Revenue	Percentage	
Assessments	$	5,719,023	59%	
Developer Contributions	$	3,909,151	41%	
Other	$	1	0%	
Total Revenue	$	9,628,175	100%	

Sources	Expenditures	Percentage	
Administrative	$	369,962	4%	
Maintenance	$	2,704,500	28%	
Debt Payments	$	6,124,786	64%	
Discounts & Fees	$	428,927	4%	
Total Expenditures	$	9,628,175	100%	

4%

4%

Administrative

28%

Maintenance

64%

Debt Payments

Discounts & Fees

DETAILED PROPOSED BUDGET
AVE MARIA STEWARDSHIP COMMUNITY DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2022/2023
BUDGET	
O & M ASSESSMENTS	1,753,017	
DEBT ASSESSMENTS	3,966,006	
DEVELOPER CONTRIBUTION FOR O & M	1,452,921	
DEVELOPER CONTRIBUTION FOR DEBT	2,456,230	
OTHER REVENUES	0	
INTEREST	1	
		
TOTAL REVENUES	$	9,628,175	
		
EXPENDITURES		
		
ADMINISTRATIVE EXPENDITURES		
SUPERVISORS FEES	8,000	
PAYROLL TAX EXPENSE	612	
ENGINEERING	55,000	
MANAGEMENT	84,000	
SECRETARIAL	0	
LEGAL	75,000	
ASSESSMENT ROLL	15,000	
AUDIT FEES	18,100	
ARBITRAGE REBATE FEE	3,250	
TRAVEL & LODGING	4,000	
INSURANCE	37,000	
LEGAL ADVERTISING	8,000	
MISCELLANEOUS	6,000	
POSTAGE	2,000	
OFFICE SUPPLIES	3,500	
DUES, LICENSE, & SUBSCRIPTIONS	500	
MISCELLANEOUS FILINGS, NOTICES, ETC.	500	
WEBSITE HOSTING FEES	2,500	
TRUSTEE FEES	35,000	
CONTINUING DISCLOSURE FEE	12,000	
TOTAL ADMINISTRATIVE EXPENDITURES	$	369,962	
		
MAINTENANCE EXPENDITURES		
MAINTENANCE	2,704,500	
		
TOTAL MAINTENANCE EXPENDITURES	$	2,704,500	
		
TOTAL EXPENDITURES	$	3,074,462	
		
EXCESS OR (SHORTFALL)	$	6,553,713	
		
BOND PAYMENTS	$	(6,124,786)	
		
BALANCE	$	428,927	
		
COUNTY APPRAISER & TAX COLLECTOR COST	(200,166)	
DISCOUNTS FOR EARLY PAYMENTS	(228,761)	
		
NET EXCESS / (SHORTFALL)	$	-	

Note: Reserve Fund Balance As Of 3-31-22 is $263,170.12

DETAILED PROPOSED BUDGET COMPARISON AVE MARIA STEWARDSHIP COMMUNITY DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	
FISCAL YEAR 2020/2021
ACTUAL	
FISCAL YEAR 2021/2022
BUDGET	
FISCAL YEAR 2022/2023
BUDGET	

COMMENTS	
O & M ASSESSMENTS	1,265,359	1,556,178	1,753,017	See Detail on Page 9	
DEBT ASSESSMENTS	3,825,900	4,461,050	3,966,006	See Detail on Page 9	
DEVELOPER CONTRIBUTION FOR O & M	1,719,171	1,220,233	1,452,921		
DEVELOPER CONTRIBUTION FOR DEBT	948,584	296,442	2,456,230		
OTHER REVENUES / FEMA	1,813	0	0		
INTEREST	515	0	1		
BOND PREPAYMENTS	328,711	0	0		
BOND PREPAYMENTS PAID TO TRUSTEE	(328,711)	0	0		
					
TOTAL REVENUES	$	7,761,341	$	7,533,903	$	9,628,175		
					
EXPENDITURES					
					
ADMINISTRATIVE EXPENDITURES					
SUPERVISORS FEES	8,000	8,000	8,000	No Change From Previous Budget	
PAYROLL TAX EXPENSE	612	612	612	Supervisor Fees * 7.65%	
ENGINEERING	49,916	55,000	55,000	No Change From Previous Budget	
MANAGEMENT	70,216	70,216	84,000	$13,784 Increase From Previous Budget	
SECRETARIAL	4,500	4,500	0	$4,500 Decrease From Previous Budget	
LEGAL	70,175	70,000	75,000	$5,000 Increase From Previous Budget	
ASSESSMENT ROLL	15,000	15,000	15,000	No Change From Previous Budget	
AUDIT FEES	13,400	13,000	18,100	$5,100 Increase From Previous Budget	
ARBITRAGE REBATE FEE	2,600	3,250	3,250	No Change From Previous Budget	
TRAVEL & LODGING	3,174	4,000	4,000	No Change From Previous Budget	
INSURANCE	10,417	11,870	37,000	$25,130 Increase From Previous Budget	
LEGAL ADVERTISING	8,929	5,000	8,000	$3,000 Increase From Previous Budget	
MISCELLANEOUS	6,271	4,000	6,000	$2,000 Increase From Previous Budget	
POSTAGE	1,887	1,750	2,000	$250 Increase From Previous Budget	
OFFICE SUPPLIES	2,181	3,500	3,500	No Change From Previous Budget	
DUES, LICENSE, & SUBSCRIPTIONS	175	500	500	No Change From Previous Budget	
MISCELLANEOUS FILINGS, NOTICES, ETC.	0	500	500	No Change From Previous Budget	
WEBSITE HOSTING FEES	2,500	2,500	2,500	No Change From Previous Budget	
TRUSTEE FEES	30,107	27,000	35,000	$8,000 Increase From Previous Budget	
CONTINUING DISCLOSURE FEE	9,500	9,000	12,000	$3,000 Increase From Previous Budget	
TOTAL ADMINISTRATIVE EXPENDITURES	$	309,561	$	309,198	$	369,962		
					
MAINTENANCE EXPENDITURES					
MAINTENANCE	2,632,913	2,350,500	2,704,500	Total Maintenance - See Detail On Page 12	
					
TOTAL MAINTENANCE EXPENDITURES	$	2,632,913	$	2,350,500	$	2,704,500		
					
TOTAL EXPENDITURES	$	2,942,474	$	2,659,698	$	3,074,462		
					
EXCESS OR (SHORTFALL)	$	4,818,867	$	4,874,205	$	6,553,713		
					
BOND PAYMENTS	(4,552,989)	$	(4,422,913)	$	(6,124,786)	2023 P & I Payments	
					
BALANCE	$	265,878	$	451,292	$	428,927		
					
COUNTY APPRAISER & TAX COLLECTOR COST	(87,046)	(210,603)	(200,166)	3.5% Of Total Roll (2% Appraiser, 1.5% Collector)	
DISCOUNTS FOR EARLY PAYMENTS	(196,876)	(240,689)	(228,761)	4% Of Total Tax Roll	
					
NET EXCESS / (SHORTFALL)	$	(18,043)	$	-	$	-		

Note: Reserve Fund Balance As Of 3-31-22 is $263,170.12	Page 5

DETAILED PROPOSED DEBT SERVICE BUDGET AVE MARIA STEWARDSHIP DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2019
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021
ACTUAL	FISCAL YEAR 2021/2022
BUDGET	FISCAL YEAR 2022/2023
BUDGET	
Interest Income (19) (refi of 06)	51	500	500	
Net NAV Collection (19) (refi of 06)	1,393,758	1,368,371	1,368,371	
Developer Contribution (refi of 06)	0	0	0	
Prepaid Bonds (19) (refi of 06)	9,723	0	0	
Bond Proceeds	0	0	0	
				
Total Revenues	$	1,403,533	$	1,368,871	$	1,368,871	
				
EXPENDITURES				
Principal Payments (19) (refi of 06)	885,000	900,000	920,000	
Extraordinary Principal Pymt (19) (refi of 06)	0	2,277	477	
Interest Payments (19) (refi of 06)	493,294	466,594	448,394	
Cost of Issuance	0			
				
Total Expenditures	$	1,378,294	$	1,368,871	$	1,368,871	
				
Net Excess/ (Shortfall)	$	25,239	$	-	$	-	

 Series 2019 Bond Information (Refi of 2006)	
Original Par Amount =	$20,310,000	Annual Principal Payments Due:	
Average Interest Rate =	2.725%	May 1st	
Issue Date =	June 2019	Annual Interest Payments Due:	
Maturity Date =
Par Amount As Of 1/1/22 =	May 2038
$18,540,000	May 1st & November 1st	

DETAILED PROPOSED DEBT SERVICE BUDGET AVE MARIA STEWARDSHIP DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2022
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021
ACTUAL	FISCAL YEAR 2021/2022
BUDGET	FISCAL YEAR 2022/2023
BUDGET	
Interest Income (22) (refi of 12)	178	100	100	
Net NAV Collection (22) (refi of 12)	1,554,388	134,908	1,360,757	
Developer Contribution (22) (refi of 12)	690,442	483,597	278,318	
Prepaid Bonds (22) (refi of 12)	13,290	0	0	
				
Total Revenues	$	2,258,298	$	618,605	$	1,639,175	
				
EXPENDITURES				
Principal Payments (22) (refi of 12)	535,000	0	820,000	
Extraordinary Principal Pymt (22) (refi of 12)	10,000	0	0	
Interest Payments (22) (refi of 12)	1,728,265	618,605	819,175	
				
Total Expenditures	$	2,273,265	$	618,605	$	1,639,175	
				
Net Excess/ (Shortfall)	$	(14,967)	$	-	$	-	

 Series 2022 Bond Information (Refi of 2012)	
Original Par Amount =	$22,950,000	Annual Principal Payments Due:	
Average Interest Rate =	3.825%	May 1st	
Issue Date =	February 2022	Annual Interest Payments Due:	
Maturity Date =
Par Amount As Of 1/1/22 =	May 2042
N/A	May 1st & November 1st	

DETAILED PROPOSED DEBT SERVICE BUDGET AVE MARIA STEWARDSHIP DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2021
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021
ACTUAL	FISCAL YEAR 2021/2022
BUDGET	FISCAL YEAR 2022/2023
BUDGET	
Interest Income (21)	1	100	100	
Net NAV Collection (21)	0	0	0	
Developer Contribution (21)	0	0	635,606	
Capitalized Interest (21)	0	398,406	0	
				
Total Revenues	$	1	$	398,506	$	635,706	
				
EXPENDITURES				
Principal Payments (21)	0	0	240,000	
Extraordinary Principal Payments (21)	0	0	0	
Interest Payments (21)	0	398,406	395,706	
				
Total Expenditures	$	-	$	398,406	$	635,706	
				
Net Excess/ (Shortfall)	$	1	$	100	$	-	
Note: Capitalized Interest Was Set-Up Through November 1, 2022

 Series 2021 Bond Information	
Original Par Amount =	$11,610,000	Annual Principal Payments Due:	
Average Interest Rate =	3.691%	May 1st	
Issue Date =	August 2021	Annual Interest Payments Due:	
Maturity Date =
Par Amount As Of 1/1/22 =	May 2052
$11,610,000	May 1st & November 1st	

DETAILED PROPOSED DEBT SERVICE BUDGET
AVE MARIA STEWARDSHIP DEVELOPMENT DISTRICT
DEBT SERVICE FUND - SERIES 2021 (BOND ANTICIPATION NOTES) FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021
ACTUAL	FISCAL YEAR 2021/2022
BUDGET	FISCAL YEAR 2022/2023
BUDGET	
Interest Income (21 BANS)	2	0	0	
Net NAV Collection (21 BANS)	0	0	0	
Developer Contribution (21 BANS)	0	547,400	547,400	
Prepaid Bonds (21 BANS)	0	0	0	
				
Total Revenues	$	2	$	547,400	$	547,400	
				
EXPENDITURES				
Principal Payments (21 BANS)	0	0	0	
Extraordinary Principal Payments (21 BANS)	0	0	0	
Interest Payments (21 BANS)	0	547,400	547,400	
				
Total Expenditures	$	-	$	547,400	$	547,400	
				
Net Excess/ (Shortfall)	$	2	$	-	$	-	

Series 2021 BAN Information		
Original Par Amount =	$15,640,000	Annual Principal Payments Due:	
Interest Rate =	3.500%	N/A	
Issue Date =	August 2021	Annual Interest Payments Due:	
Maturity Date =	May 2026	May 1st & November 1st	
Par Amount As Of 1/1/22 =	$15,640,000		

DETAILED PROPOSED DEBT SERVICE BUDGET AVE MARIA STEWARDSHIP DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2015 (MAPLE RIDGE) FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021
ACTUAL	FISCAL YEAR 2021/2022
BUDGET	FISCAL YEAR 2022/2023
BUDGET	
Interest Income (15)	19	100	100	
Net NAV Collection (15)	166,913	163,890	163,890	
Developer Contribution (15)	0	5,267	0	
Prepaid Bonds (15)	79,779	0	0	
				
Total Revenues	$	246,712	$	169,256	$	163,990	
				
EXPENDITURES				
Principal Payments (15)	45,000	50,000	50,000	
Extraordinary Principal Payments (15)	75,000	0	1,171	
Interest Payments (15)	122,756	119,256	112,819	
				
Total Expenditures	$	242,756	$	169,256	$	163,990	
				
Net Excess/ (Shortfall)	$	3,955	$	-	$	-	

Series 2015 Bond (Maple Ridge) Information		
Original Par Amount =	$2,530,000	Annual Principal Payments Due:	
Interest Rate =	5.0% - 5.375%	May 1st	
Issue Date =	February 2015	Annual Interest Payments Due:	
Maturity Date =	May 2045	May 1st & November 1st	
Par Amount As Of 1/1/22 =	$2,205,000		

DETAILED PROPOSED DEBT SERVICE BUDGET AVE MARIA STEWARDSHIP DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2016 (MAPLE RIDGE) FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021
ACTUAL	FISCAL YEAR 2021/2022
BUDGET	FISCAL YEAR 2022/2023
BUDGET	
Interest Income (16)	16	100	100	
Net NAV Collection (16)	230,856	226,663	226,663	
Developer Contribution (16)	0	0	0	
Prepaid Bonds (16)	0	0	0	
				
Total Revenues	$	230,871	$	226,763	$	226,763	
				
EXPENDITURES				
Principal Payments (16)	55,000	60,000	60,000	
Extraordinary Principal Payments (16)	0	1,388	4,538	
Interest Payments (16)	169,838	165,375	162,225	
	.			
Total Expenditures	$	224,838	$	226,763	$	226,763	
				
Net Excess/ (Shortfall)	$	6,034	$	-	$	-	

Note: Capitalized Interest Was Set-Up Through November 1, 2017

Series 2016 Bond (Maple Ridge) Information		
Original Par Amount =	$3,390,000	Annual Principal Payments Due:	
Interest Rate =	5.250%	May 1st	
Issue Date =	October 2016	Annual Interest Payments Due:	
Maturity Date =	May 2047	May 1st & November 1st	
Par Amount As Of 1/1/22 =	$3,180,000		

DETAILED PROPOSED DEBT SERVICE BUDGET AVE MARIA STEWARDSHIP DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2018 (MAPLE RIDGE) FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021
ACTUAL	FISCAL YEAR 2021/2022
BUDGET	FISCAL YEAR 2022/2023
BUDGET	
Interest Income (18)	17	100	100	
Net NAV Collection (18)	258,489	211,765	253,748	
Developer Contribution (18)	0	56,315	0	
Prepaid Bonds (18)	225,918	0	0	
				
Total Revenues	$	484,423	$	268,180	$	253,848	
				
EXPENDITURES				
Principal Payments (18)	60,000	65,000	65,000	
Extraordinary Principal Payments (18)	225,000	0	490	
Interest Payments (18)	207,713	203,180	188,358	
				
Total Expenditures	$	492,713	$	268,180	$	253,848	
				
Net Excess/ (Shortfall)	$	(8,289)	$	-	$	-	

Note: Capitalized Interest Was Set-Up Through May 1, 2019

Series 2018 Bond (Maple Ridge) Information		
Original Par Amount =	$4,000,000	Annual Principal Payments Due:	
Interest Rate =	4.9% - 5.375%	May 1st	
Issue Date =	June 2018	Annual Interest Payments Due:	
Maturity Date =	May 2049	May 1st & November 1st	
Par Amount As Of 1/1/22 =	$3,655,000		

DETAILED PROPOSED DEBT SERVICE BUDGET AVE MARIA STEWARDSHIP DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2020 (MAPLE RIDGE) FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021
ACTUAL	FISCAL YEAR 2021/2022
BUDGET	FISCAL YEAR 2022/2023
BUDGET	
Interest Income (20)	18	0	100	
Net NAV Collection (20)	0	0	207,616	
Developer Contribution (20)	0	0	0	
Capitalized Interest	116,258	146,853	0	
				
Total Revenues	$	116,276	$	146,853	$	207,716	
				
EXPENDITURES				
Principal Payments (20)	0	0	60,000	
Extraordinary Principal Payments (20)	0	0	2,004	
Interest Payments (20)	116,258	146,853	145,713	
				
Total Expenditures	$	116,258	$	146,853	$	207,716	
				
Net Excess/ (Shortfall)	$	18	$	-	$	-	

Note: Capitalized Interest Was Set-Up Through November 1, 2022

Series 2020 Bond (Maple Ridge) Information		
Original Par Amount =	$3,440,000	Annual Principal Payments Due:	
Interest Rate =	3.8% - 4.45%	May 1st	
Issue Date =	July 2020	Annual Interest Payments Due:	
Maturity Date =	May 2052	May 1st & November 1st	
Par Amount As Of 1/1/22 =	$3,440,000		

DETAILED PROPOSED DEBT SERVICE BUDGET AVE MARIA STEWARDSHIP DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2022 (MAPLE RIDGE) FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021
ACTUAL	FISCAL YEAR 2021/2022
BUDGET	FISCAL YEAR 2022/2023
BUDGET	
Interest Income (22)	0	0	100	
Net NAV Collection (22)	0	0	0	
Developer Contribution (22)	0	0	441,745	
Capitalized Interest	0	220,985	0	
				
Total Revenues	$	-	$	220,985	$	441,845	
				
EXPENDITURES				
Principal Payments (22)	0	0	145,000	
Extraordinary Principal Payments (22)	0	0	0	
Interest Payments (22)	0	220,985	296,845	
				
Total Expenditures	$	-	$	220,985	$	441,845	
				
Net Excess/ (Shortfall)	$	-	$	-	$	-	

Note: Capitalized Interest Was Set-Up Through November 1, 2022

Series 2022 Bond (Maple Ridge) Information		
Original Par Amount =	$7,775,000	Annual Principal Payments Due:	
Average Interest Rate =	3.945%	May 1st	
Issue Date =	February 2022	Annual Interest Payments Due:	
Maturity Date =	May 2052	May 1st & November 1st	
Par Amount As Of 1/1/22 =	$3,440,000		

DETAILED PROPOSED DEBT SERVICE BUDGET
AVE MARIA STEWARDSHIP DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2021 (AVE MARIA NATIONAL)
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021
ACTUAL	FISCAL YEAR 2021/2022
BUDGET	FISCAL YEAR 2022/2023
BUDGET	
Interest Income (21)	14	0	0	
Net NAV Collection (21)	0	59,230	88,227	
Developer Contribution (21)	0	580,243	551,245	
Capitalized Interest	66,088	0	0	
				
Total Revenues	$	66,102	$	639,473	$	639,473	
				
EXPENDITURES				
Principal Payments (21)	0	225,000	225,000	
Extraordinary Principal Payments (21)	0	0	0	
Interest Payments (21)	66,088	414,473	414,473	
				
Total Expenditures	$	66,088	$	639,473	$	639,473	
				
Net Excess/ (Shortfall)	$	14	$	-	$	-	

Series 2021 Bond (Ave Maria National) Information		
Original Par Amount =	$11,340,000	Annual Principal Payments Due:	
Interest Rate =	2.6% - 4.0%	May 1st	
Issue Date =	March 2021	Annual Interest Payments Due:	
Maturity Date =	May 2051	May 1st & November 1st	
Par Amount As Of 9/1/21 =	$11,340,000		

DETAILED PROPOSED MAINTENANCE BUDGET AVE MARIA STEWARDSHIP COMMUNITY DISTRICT FISCAL YEAR 2022/2023
OCTOBER 1, 2022 - SEPTEMBER 30, 2023

	FISCAL YEAR 2020/2021
ACTUAL	FISCAL YEAR 2021/2022
BUDGET	FISCAL YEAR 2022/2023
BUDGET	
MAINTENANCE EXPENDITURES				
				
AQUATIC REPLACEMENTS	0	0	0	
IRRIGATION REPAIR	59,968	95,000	95,000	
MISCELLANEOUS MAINTENANCE	48,394	10,000	50,000	
ELECTRIC (STREETLIGHTS, LANDSCAPE)	83,814	85,000	85,000	
STREET SWEEPING	0	1,000	1,000	
STRIPING & TRAFFIC MARKINGS	1,389	15,000	15,000	
STREET LIGHT MAINTENANCE	86,695	80,000	110,000	
SIDEWALK / CURB REPAIRS	160,627	70,000	100,000	
LANDSCAPE MAINT / ENHANCE (ROADWAY, ENTRIES):	0	30,000	30,000	
MAINTENANCE CONTRACTS	670,453	630,000	630,000	
TREE TRIMMING	48,815	50,000	146,000	
STORM CLEANUP	0	25,000	25,000	
STORM CLEANUP - ELECTRIC	0	25,000	25,000	
STORM CLEANUP - LANDSCAPING	0	25,000	25,000	
PLANT REPLACEMENT	173,161	90,000	90,000	
MULCH & MISCELLANEOUS	136,014	140,000	140,000	
WATER MANAGEMENT & DRAINAGE	3,600	4,000	4,000	
ENTRY FEATURE WATER	3,989	4,500	4,500	
IRRIGATION WATER	66,479	85,000	85,000	
FOUNTAIN MAINTENANCE	45,121	25,000	25,000	
RODENT / PEST CONTROL	14,293	8,000	8,000	
EQUIPMENT REPAIR	9,222	6,000	8,000	
SIGNAGE REPAIR	8,705	10,000	15,000	
STORM DRAIN CLEANING	0	10,000	10,000	
DRAINAGE / LAKE MAINTENANCE/ LITTORALS	56,293	75,000	75,000	
AERATORS	0	2,000	2,000	
PRESERVE MAINTENANCE	61,156	60,000	60,000	
SMALL TOOLS	4,934	2,500	3,500	
VEHICLE LEASE / FUEL / REPAIRS (MAINT TECH)	4,884	20,000	20,000	
MOSQUITO CONTROL	549,796	400,000	500,000	
TEMP FIRE FACILITY OPERATING COSTS	125,991	40,000	90,000	
MAINTENANCE TECHNICIANS	99,809	110,000	110,000	
BASE MANAGEMENT FEE	20,250	20,000	20,000	
ADMIN PAYROLL	52,211	55,000	55,000	
				
TOTAL MAINTENANCE EXPENDITURES	$	2,596,063	$	2,308,000	$	2,662,000	
				
RESERVE FUND	27,500	27,500	27,500	
CONTINGENCY FUND	9,350	15,000	15,000	
				
TOTAL	$	2,632,913	$	2,350,500	$	2,704,500	

Ave Maria Stewardship Community District Assessment Breakdown 2022-2023

O&M Assessments*
	Number of Total			Category Total	
	Units Platted for		Per Unit Operation	Operation &	
	Fiscal Year 2021-		& Maintenance	Maintenance	
		2022			  Assessment		  Assessment 	
	Residential				Per				
Multi Family / Attached	258	Unit	$	422.10	$	108,901.80	
Single Family / Detached	3,335	Unit	$	422.10	$ 1,407,703.50	

	Other Uses			
	Per				
ALF Apartments	0	Unit	$	27.54	$	-	
Apartments	0	Unit	$	99.79	$	-	
MB Low Affordable Housing	48	Unit	$	63.36	$	3,041.28	
Retail/Entertainment/Service	140,442	Sq. Ft.	$	0.48	$	67,412.16	
Professional Offices	51,529	Sq. Ft.	$	0.30	$	15,458.70	
Light Manufacturing	508,807	Sq. Ft.	$	0.20	$	101,761.40	
Hotel	0	Room	$	356.40	$	-	
Medical Facilities	10,904	Sq. Ft.	$	0.99	$	10,794.96	
Institutional - AM University	1,230	Student	$	21.64	$	26,617.20	
Private K-12 School	335	Student	$	33.81	$	11,326.35	
Total				$ 1,753,017.35	

Debt Assessments *

Gross Units Platted	
Units Prepaid	
Net Units Assessed	
Series 2019 Bonds	
Series 2022 Bonds	
Series 2015 MR Bonds	
Series 2016 MR Bonds	
Series 2018 MR Bonds	
Series 2020 MR Bonds	
Series 2021 AMN Bonds	Total Debt Assessment Per
Unit	Total Debt Assessment On
Roll	
Multi Family													
	166
92	(1)	165
92	$	403.00	
$	495.00						$	403.00
$	495.00	66,495.00
45,540.00	
Single Family													
	1167	(12)	1155	$	775.00							$	775.00	895,125.00	
	394		394	$	775.00		$	449.69					$	1,224.69	482,527.86	
	270		270	$	775.00			$	673.19				$	1,448.19	391,011.30	
	3		3	$	775.00				$	667.45			$	1,442.45	4,327.35	
	521	(2)	519		$	951.00						$	951.00	493,569.00	
	94		94		$	951.00		$	673.19				$	1,624.19	152,673.86	
	408		408		$	951.00			$	667.45			$	1,618.45	660,327.60	
	335		335		$	951.00				$	670.00		$	1,621.00	543,035.00	
	143	

	143		$	951.00					$	667.00	$	1,618.00	231,374.00	
Total	3,593	(15)	3,578									3,966,005.97	
*  All Assessments Include the Following :	 4% Discount for Early Payments
1.5% County Tax Collector Administrative Cost 2% County Property Appraiser Administrative Cost

Page 17

Ave Maria Stewardship Community District Debt Assessment Comparison 2022-2023

	Type		

 Bonds Series 	

Number of
 Platted Units 	
FY 2021-2022
Per Unit
  Assessment 	
FY 2022-2023
Per Unit
  Assessment 	
Change - Increase /
  (Decrease)		

Multi Family	
2019	
166	
$777.13	
$825.10	
$47.97	
	2022	92	$1,036.13	$917.10	($119.03)	
Single Family	2019	1,167	$1,149.13	$1,197.10	$47.97	
	2019 + 2015	394	$1,598.82	$1,646.79	$47.97	
	2019 + 2016	270	$1,822.32	$1,870.29	$47.97	
	2019 + 2018	3	$1,816.58	$1,864.55	$47.97	
	2022	521	$1,645.13	$1,373.10	($272.03)	
	2022 + 2016	94	$2,318.32	$2,046.29	($272.03)	
	2022 + 2018	408	$2,312.58	$2,040.55	($272.03)	
	2022 + 2020	335	$2,315.13	$2,043.10	($272.03)	
	2022 + 2021	143	$2,312.13	$2,040.10	($272.03)	
ALF Apartments		0	$27.54	$27.54	$0.00	
Apartments		0	$84.62	$99.79	$15.17	
Low Affordable Housing		48	$55.95	$63.36	$7.41	
Retail/Entertainment/Service (sqft)		140,442	$0.43	$0.48	$0.05	
Professional Offices (sqft)		51,529	$0.28	$0.30	$0.02	
Light Manufacturing (sqft)		508,807	$0.18	$0.20	$0.02	
Hotel (rooms)		0	$314.74	$356.40	$41.66	
Medical Facilities (sqft)		10,904	$0.87	$0.99	$0.12	
Institutional - AM University (students)		1,230	$19.11	$21.64	$2.53	
Private K-12 School (students)		335	$29.86	$33.81	$3.95	

Assessments Include the Following : 4% Discount for Early Payments
1.5% County Tax Collector Administrative Cost 2% County Property Appraiser Administrative Cost

Page 18

Ave Maria Master Irrigation Utility

Proposed Budget For Fiscal Year 2022/2023
October 1, 2022 - September 30, 2023

PROPOSED AVE MARIA MASTER IRRIGATION UTILITY BUDGET AVE MARIA STEWARDSHIP COMMUNITY DISTRICT
FISCAL YEAR 2022/2023 OCTOBER 1, 2022 - SEPTEMBER 30, 2023

REVENUES	FISCAL YEAR 2020/2021 ACTUAL	FISCAL YEAR 2021/2022 BUDGET	FISCAL YEAR 2022/2023 BUDGET	

COMMENTS	

AMUC Revenue (Irrigation)	
1,013,650	
1,113,720	
1,113,720	
Irrigation	

Developer Contribution	
391,748	
359,436	
359,436	
Developer Contribution	

Connection Fees	
0	
7,950	
7,950	
Connection Fees	

Installations	
0	
97,653	
97,653	
Installations	

Miscellaneous Revenue	
0	
2,200	
2,200	
Miscellaneous Revenue	

Peninsula True-Up Of Expenditures	
228,919	
0	
0	
Estimate Of True-Up Of Expenditures	

Total Revenues	
$	1,634,317	
$	1,580,959	
$	1,580,959		

EXPENDITURES					

Management Fee	
126,127	
134,367	
134,367	
Estimate of $11,197 per Month	

Electricity	
171,543	
176,624	
176,624	
Electricity	

Labor & Benefits	
246,028	
348,215	
348,215	
Labor & Benefits	

Chemicals	
4,681	
6,000	
6,000	
Chemicals	

Repairs & Maintenance	
450,828	
169,575	
169,575	
Repairs & Maintenance	

Testing	
2,401	
1,550	
1,550	
Testing	

Sludge Disposal	
0	
0	
0	
Sludge Disposal	

Plan Review	
0	
0	
0	
Plan Review	

Meter Purchase	
83,789	
220,845	
220,845	
Meter Purchase	

Meter Installation	
4,208	
8,050	
8,050	
Meter Installation	

Other Direct Costs	
45,537	
144,080	
144,080	
Other Direct Costs	

Administration Fee	
0	
8,000	
8,000		

AMUC Bulk Water Charge	
326,731	
363,653	
363,653	
Estimate of $30,304 per Month	

Other Expenses	
0	
0	
0		

Total Expenditures	
$	1,461,871	
$	1,580,959	
$	1,580,959		

Excess / (Shortfall)	
$	172,446	
$	-	
$	-		

Note: Utility Fund Balance As Of 9/30/21 Was $505,530.07

AVE MARIA STEWARDSHIP COMMUNITY DISTRICT
MAY 2022-DRAFT

Project Name	Start
Date	End
Date	Est. Cost	%
Complete	Responsible
Party	Comments	
Landscaping S.
AMB- Phase II	07/2020	TBD	TBD	0%	AMD	Bid accepted.	
Pilot Program-
Landscaping	11/2020	TBD	TBD		AMD	Zeroscape design being
explored	
Anthem Parkway
Phase 4	12/2020	06/2022	$2.6M		AMD	Project underway	
Trees Replacement around Milano,
Avilla and AMB	10/2022	TBD				See monthly landscape report.	
Signage throughout
community		Letter
sent out			AMD	Draft of rules presented at
February 2022 meeting.	
External Projects							
Fire Station
Construction	03/2020	TBD	N/A		Immokalee Fire
District	Fire dept in new station, but
grand opening at later date.	
Public School K-5	03/2020	08/2025			AMD/School Bd	Architect/Design Phase	
Security Cameras (License Plate
Readers)	02/2021	2/2022	$70,000	100%	Master Assoc.	Waiting on Verizon account setup.	
Security Cameras (At North and South
Park)	01/2020	2/2022	$140,000	100%	Master Assoc.	Waiting on Verizon account setup.	
Hospital	TBD	TBD	TBD			AMD has done everything on
their end. It is in the hands of	

AVE MARIA STEWARDSHIP COMMUNITY DISTRICT

						the potential Hospital
Providers	
Ave Maria National Entrance – Speed and Golf Cart
Signage	NA	NA	NA			No action recommended at this time. AMD will continue to monitor and further
evaluate in master planning.	

Ave Maria Stewardship Community District
Budget vs. Actual
October 2021 through March 2022

	Oct '21 - Mar 22		21/22 Budget		$ Over Budget		% of Budget	
Expenditures								
01-1130 · Payroll Tax Expense	428 40		612 00		-183 60		70 0%	
01-1131 · Supervisor Fees	5,600 00		8,000 00		-2,400 00		70 0%	
01-1310 · Engineering	31,491 50		55,000 00		-23,508 50		57 26%	
01-1311 · Management Fees	35,107 98		70,216 00		-35,108 02		50 0%	
01-1312 · Secretarial Fees	2,250 00		4,500 00		-2,250 00		50 0%	
01-1313 · Website Management	1,249 98		2,500 00		-1,250 02		50 0%	
01-1315 · Legal Fees	36,527 55		70,000 00		-33,472 45		52 18%	
01-1320 · Audit Fees	0 00		13,000 00		-13,000 00		0 0%	
01-1330 · Arbitrage Rebate Fee (2006)	1,300 00		3,250 00		-1,950 00		40 0%	
01-1441 · Travel & Lodging	2,399 62		4,000 00		-1,600 38		59 99%	
01-1450 · Insurance	35,707 00		11,870 00		23,837 00		300 82%	
01-1480 · Legal Advertisements	3,762 50		5,000 00		-1,237 50		75 25%	
01-1512 · Miscellaneous	679 50		4,000 00		-3,320 50		16 99%	
01-1513 · Postage and Delivery	903 07		1,750 00		-846 93		51 6%	
01-1514 · Office Supplies	2,540 45		3,500 00		-959 55		72 58%	
01-1540 · Dues, License & Subscriptions	175 00		500 00		-325 00		35 0%	
01-1541 · Misc Filing, Notices, etc.	0 00		500 00		-500 00		0 0%	
01-1733 · Trustee Fees	7,588 75		27,000 00		-19,411 25		28 11%	
01-1734 · Continuing Disclosure Fee	0 00		9,000 00		-9,000 00		0 0%	
01-1735 · Assessment Roll	0 00		15,000 00		-15,000 00		0 0%	
01-1801 · Landscaping - Miscellaneous	3,125 00		30,000 00		-26,875 00		10 42%	
01-1808 · Irrigation Repair	62,163 60		95,000 00		-32,836 40		65 44%	
01-1813 · Storm Cleanup - Electric	0 00		25,000 00		-25,000 00		0 0%	
01-1814 · Storm Cleanup	0 00		25,000 00		-25,000 00		0 0%	
01-1815 · Miscellaneous Maintenance	10,905 62		10,000 00		905 62		109 06%	
01-1816 · Electric-Streetlights,Landscape	55,500 22		85,000 00		-29,499 78		65 29%	
01-1817 · Maintenance Street Sweeping	0 00		1,000 00		-1,000 00		0 0%	
01-1818 · Striping & Traffic Markings	1,985 00		15,000 00		-13,015 00		13 23%	
01-1819 · Street Light Maintenance	118,902 66		80,000 00		38,902 66		148 63%	
01-1820 · Maint Sidewalk/Curb Repairs	75,984 80		70,000 00		5,984 80		108 55%	
01-1830 · Maintenance Contracts	333,949 98		630,000 00		-296,050 02		53 01%	
01-1831 · Tree Trimming	0 00		50,000 00		-50,000 00		0 0%	
01-1832 · Storm Cleanup - Landscaping	0 00		25,000 00		-25,000 00		0 0%	
01-1833 · Plant Replacement	102,669 38		90,000 00		12,669 38		114 08%	
01-1834 · Mulch	85,353 00		140,000 00		-54,647 00		60 97%	

Ave Maria Stewardship Community District
Budget vs. Actual
October 2021 through March 2022

	Oct '21 - Mar 22		21/22 Budget		$ Over Budget		% of Budget	
01-1838 · Water Management & Drain	1,800 00		4,000 00		-2,200 00		45 0%	
01-1839 · Entry Feature/Near Well Water	3,327 72		4,500 00		-1,172 28		73 95%	
01-1840 · Maintenance Misc. Utilities	1,796 01		0 00		1,796 01		100 0%	
01-1841 · Maintenance Irrigation Water	26,854 66		85,000 00		-58,145 34		31 59%	
01-1842 · Maint Fountain/Repair	18,172 17		25,000 00		-6,827 83		72 69%	
01-1843 · Maintenance Rodent Control	3,725 00		8,000 00		-4,275 00		46 56%	
01-1844 · Maint Equipment Repair	8,672 50		6,000 00		2,672 50		144 54%	
01-1845 · Maint Signage Repair	30,327 00		10,000 00		20,327 00		303 27%	
01-1846 · Maint Storm Drain Cleaning	0 00		10,000 00		-10,000 00		0 0%	
01-1847 · Mnt Drainage/Lke Mnt/Littorals	25,198 04		75,000 00		-49,801 96		33 6%	
01-1848 · Maintenance Aerators	0 00		2,000 00		-2,000 00		0 0%	
01-1850 · Maint-Preserve Maintenance	25,810 00		60,000 00		-34,190 00		43 02%	
01-1853 · Maintenance Small Tools	3,237 88		2,500 00		737 88		129 52%	
01-1855 · Maint Vehicle Lease/Fuel/Repair	123 68		20,000 00		-19,876 32		0 62%	
01-1856 · Maint Mosquito Control	136,703 23		400,000 00		-263,296 77		34 18%	
01-1858 · Maint Temp EMS/Fire Facility	49,125 89		40,000 00		9,125 89		122 82%	
01-1861 · Maint Office Utilities	2,924 30		0 00		2,924 30		100 0%	
01-1862 · Maintenance Technicians	54,110 70		110,000 00		-55,889 30		49 19%	
01-1863 · Maint Base Management Fee	10,300 55		20,000 00		-9,699 45		51 5%	
01-1864 · Maintenance Admin Payroll	26,400 79		55,000 00		-28,599 21		48 0%	
01-1890 · Maint-Reserve Fund	0 00		27,500 00		-27,500 00		0 0%	
01-1891 · Maint Contingency	4,675 00		15,000 00		-10,325 00		31 17%	
Total Expenditures	1,451,535.68		2,659,698 00		-1,208,162 32		54 58%