Wyld Palms
Community Development District

12051 Corporate Boulevard Orlando, FL 32817; 407-723-5900

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Wyld Palms Community Development District which will be held Monday, June 1, 2020 at 11:00 a.m. using telephonic conferencing due to the COVID-19 Executive Orders 20-52, 20-69 & 20-112. The proposed agenda for this Board Meeting is found below.

Please use the following information to join the telephonic conferencing:

Phone:	1-844-621-3956	Participant Code:	796 580 192#

BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters

	Roll Call to Confirm a Quorum Public Comment Period

1.	Discussion regarding Executive Orders 20-52, 20-69 & 20-112
2.	Consideration of the Revised Minutes of the November 15, 2019 Board of Supervisors’ Meeting

3.	Consideration of the Minutes of the May 4, 2020 Board of Supervisors’ Meeting

General Business Matters
4.	Consideration of Purchase and Sale Agreement (provided under separate cover)
5.	Ratification of Payment Authorization Nos. 177 & 178
6.	Review of District’s Financial Position and Budget to Actual YTD

Other Business

A.	Staff Reports
1.	District Counsel
2.	District Manager
3.	District Engineer
B.	Audience Comments
C.	Supervisors Requests

Adjournment

Wyld Palms
Community Development District

Executive Orders

20-52, 20-69 & 20-112

STATE OF FLORIDA

OFFICE OF THE GOVERNOR

EXECUTIVE ORDER NUMBER 20-52

(Emergency Management - COVID-19 Public Health Emergency)

WHEREAS, Novel Coronavirus Disease 2019 (COVID-19) is a severe acute respiratory illness that can spread among humans through respiratory transmission and presents with symptoms similar to those of influenza; and

WHEREAS, in late 2019, a new and significant outbreak of COVID-19 emerged in China;

and

WHEREAS, the World Health Organization previously declared COVID-19 a Public Health Emergency of International Concern; and

WHEREAS, in response to the recent COVID-19 outbreak in China, Iran, Italy, Japan and South Korea, the Centers for Disease Control and Prevention ("CDC") has deemed it necessary to prohibit or restrict non-essential travel to or from those countries; and

WHEREAS, on March I, 2020, I issued Executive Order number 20-51 directing the Florida Department of Health to issue a Public Health Emergency; and

WHEREAS, on March 1, 2020, the State Surgeon General and State Health Officer declared a Public Health Emergency exists in the State of Florida as a result of COVID-19; and

WHEREAS, on March 7, 2020, I directed the Director of the Division of Emergency Management to activate the State Emergency Operations Center to Level 2 to provide coordination and response to the COVID-19 emergency; and

WHEREAS, as of March 9, 2020, eight counties in Florida have positive cases for COVID-19, and COVID-19 poses a risk to the entire state of Florida; and

WHEREAS, the CDC currently recommends community preparedness and everyday prevention measures be taken by all individuals and families in the United States, including voluntary home isolation when individuals are sick with respiratory symptoms, covering coughs and sneezes with a tissue and disposal of the tissue immediately thereafter, washing hands often with soap and water for at least 20 seconds, using of alcohol-based hand sanitizers with 60%-95% alcohol if soap and water are not readily available and routinely cleaning frequently touched surfaces and objects to increase community resilience and readiness for responding to an outbreak; and

WHEREAS, the CDC currently recommends mitigation measures for communities experiencing an outbreak including staying at home when sick, keeping away from others who are sick, limiting face-to-face contact with others as much as possible, consulting with your healthcare provider if individuals or members of a household are at high risk for COVID-19 complications, wearing a facemask if advised to do so by a healthcare provider or by a public health official, staying home when a household member is sick with respiratory disease symptoms if instructed to do so by public health officials or a health care provider; and

WHEREAS, as Governor, I am responsible for meeting the dangers presented to this state and its people by this emergency.

NOW, THEREFORE, I, RON DESANTIS, as Governor of Florida, by virtue of the authority vested in me by Article IV, Section (l)(a) of the Florida Constitution, Chapter 252, Florida Statutes, and all other applicable laws, promulgate the following Executive Order to take immediate effect:

Section 1. Because of the foregoing conditions, I declare a state of emergency exists in the State of Florida.

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Section 2. I designate the Director ofthe Division of Emergency Management ("Director") as the State Coordinating Officer for the duration of this emergency and direct him to execute the State's Comprehensive Emergency Management Plan and other response, recovery, and mitigation plans necessary to cope with the emergency. Additionally, I designate the State Health Officer and Surgeon General as a Deputy State Coordinating Officer and State Incident Commander.

Pursuant to section 252.36(1 )(a), Florida Statutes, I delegate to the State Coordinating Officer the authority to exercise those powers delineated in sections 252.36(5)-(10), Florida Statutes, which he shall exercise as needed to meet this emergency, subject to the limitations of section 252.33, Florida Statutes. In exercising the powers delegated by this Order, the State Coordinating Officer shall confer with the Governor to the fullest extent practicable. The State Coordinating Officer shall also have the authority to:

A.	Seek direct assistance and enter into agreements with any and all agencies of the United States Government as may be needed to meet the emergency.

	B.  Designate additional Deputy State Coordinating Officers, as necessary.

	C. Suspend the effect of any statute, rule, or order that would in any way prevent, hinder, or delay any mitigation, response, or recovery action necessary to cope with this emergency.

	D. Enter orders as may be needed to implement any of the foregoing powers; however, the requirements of sections 252.46 and 120.54(4), Florida Statutes, do not apply to any such orders issued by the State Coordinating Officer; however, no such order shall remain in effect beyond the expiration of this Executive Order, to include any extension.

	Section 3. I order the Adjutant General to activate the Florida National Guard, as needed, to deal with this emergency.

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Section 4. I find that the special duties and responsibilities resting upon some State, regional, and local agencies and other governmental bodies in responding to the emergency may require them to suspend the application of the statutes, rules, ordinances, and orders they administer. Therefore, I issue the following authorizations:

A.	Pursuant to section 252.36(1)(a), Florida Statutes, the Executive Office of the Governor may suspend all statutes and rules affecting budgeting to the extent necessary to provide budget authority for state agencies to cope with this emergency. The requirements of sections 252.46 and 120.54(4), Florida Statutes, do not apply to any such suspension issued by the Executive Office of the Governor; however, no such suspension shall remain in effect beyond the expiration of this Executive Order, to include any extension.

	B. Each State agency may suspend the provisions of any regulatory statute prescribing the procedures for conduct of state business or the orders or rules of that agency, if strict compliance with the provisions of any such statute, order, or rule would in any way prevent, hinder, or delay necessary action in coping with the emergency. This includes, but is not limited to, the authority to suspend any and all statutes, rules, ordinances, or orders which affect leasing, printing, purchasing, travel, and the condition of employment and the compensation of employees. For the purposes of this Executive Order, "necessary action in coping with the emergency" means any emergency mitigation, response, or recovery action: (1) prescribed in the State Comprehensive Emergency Management Plan ("CEMP"); or (2) ordered by the State Coordinating Officer. The requirements of sections 252.46 and 120.54, Florida Statutes, shall not apply to any such suspension issued by a State agency; however, no such suspension shall remain in effect beyond the expiration of this Executive Order, to include any extensions.

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C.	In accordance with section 465.0275, Florida Statutes, pharmacists may dispense up to a 30-day emergency prescription refill of maintenance medication to persons who reside in an area or county covered under this Executive Order and to emergency personnel who have been activated by their state and local agency but who do not reside in an area or county covered by this Executive Order.

	D. In accordance with section 252.38, Florida Statutes, each political subdivision within the State of Florida may waive the procedures and fonnalities otherwise required of the political subdivision by law pertaining to:

1)	Performance of public work and taking whatever prudent action is necessary to ensure the health, safety, and welfare of the community;

2)	Entering into contracts; however, political subdivisions are cautioned against entering into time and materials contracts without ceiling as defined by 2 CFR 200.318(j) or cost plus percentage contracts as defined by 2 CFR 200.323(d);

3)	Incurring obligations;

4)	Employment of permanent and temporary workers;

5)	Utilization of volunteer workers;

6)	Rental of equipment;

7)	Acquisition and distribution, with or without compensation, of supplies, materials, and facilities; and,

8)	Appropriation and expenditure of public funds.

	E. All State agencies responsible for the use of State buildings and facilities may close such buildings and facilities in those portions of the State affected by this emergency, to the extent necessary to meet this emergency. I direct each State agency to report the closure of any State

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building or facility to the Secretary of the Department of Management Services. Under the authority contained in section 252.36, Florida Statutes, I direct each County to report the closure of any building or facility operated or maintained by the County or any political subdivision therein to the Secretary of the Department of Management Services. Furthermore, I direct the Secretary of the Department of Management Services to:

1)	Maintain an accurate and up-to-date list of all such closures; and,

2)	Provide that list daily to the State Coordinating Officer.

Section 5. I find that the demands placed upon the funds appropriated to the agencies of the State of Florida and to local agencies are unreasonably great and the funds currently available may be inadequate to pay the costs of coping with this emergency. In accordance with section 252.3 7(2), Florida Statutes, I direct that sufficient funds be made available, as needed, by transferring and expending moneys appropriated for other purposes, moneys from unappropriated surplus funds, or from the Budget Stabilization Fund.

Section 6. All State agencies entering emergency final orders or other final actions in response to this emergency shall advise the State Coordinating Officer contemporaneously or as soon as practicable.

Section 7. Medical professionals and workers, social workers, and counselors with good and valid professional licenses issued by states other than the State of Florida may render such services in Florida during this emergency for persons affected by this emergency with the condition that such services be rendered to such persons free of charge, and with the further condition that such services be rendered under the auspices of the American Red Cross or the Florida Department of Health.

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Section 8.  All activities taken by the Director of the Division of Emergency Management

and the State Health Officer and Surgeon General with respect to this emergency before the

issuance of this Executive Order are ratified.	This Executive Order shall expire sixty days from

this date unless extended.

IN TESTIMONY WHEREOF, I have hereunto set my hand and caused the Great Seal of the State of Florida to be affixed, at Tallahassee, this 9th day of March, 2:..0_._

ATTEST:

Cf.1
c.n
N

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WYLD PALMS COMMUNITY DEVELOPMENT DISTRICT
NOTICE OF PUBLIC MEETING HELD DURING PUBLIC HEALTH EMERGENCY DUE TO COVID-19

Notice is hereby given that the Board of Supervisors (“Board”) of the Wyld Palms Community Development District (“District”) will hold a regular meeting of the Board of Supervisors on June 1, 2020, at 11:00 a.m., to be conducted by means of communications media technology, pursuant to Executive Orders 20-52, 20-69, and 20-112 issued by Governor DeSantis on March 9, 2020, March 20, 2020, and April 29, 2020 respectively, and pursuant to Section 120.54(5)(b)2., Florida Statutes . The meeting is being held for the purpose of approving a purchase and sale agreement and at such time the Board is so authorized and may consider any business that may properly come before it.

While it is necessary to hold the above referenced meeting of the District’s Board of Supervisors utilizing communications media technology due to the current COVID-19 public health emergency, the District fully encourages public participation in a safe and efficient manner. Toward that end, anyone wishing to listen and participate in the meeting can do so telephonically at 1-844-621-3956; Access Code: 796 580 192#. Additionally, participants are encouraged to submit questions and comments to the District Manager in advance at (407) 723-5900 to facilitate the Board’s consideration of such questions and comments during the meeting.

A copy of the agenda may be obtained at the offices of the District Manager, c/o PFM Group Consulting, LLC, 12051 Corporate Boulevard, Orlando, Florida 32817, Phone: (407) 723-5900 (“District Manager’s Office”) during normal business hours or from the District’s website at http://wyldpalmscdd.com/.

The meeting is open to the public and will be conducted in accordance with the provisions of Florida law for community development districts. The meeting may be continued to a date, time, and place to be specified on the record at such meeting. There may be occasions when Board Supervisors or District Staff may participate by speaker telephone.

Any person requiring special accommodations at the meeting because of a disability or physical impairment should contact the District Manager’s Office at least forty-eight (48) hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Manager’s Office.

Each person who decides to appeal any decision made by the Board with respect to any matter considered at the meeting is advised that person will need a record of proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

Jennifer Walden
District Manager

Wyld Palms
Community Development District

Revised Minutes of the November 15, 2019 Board of Supervisors’ Meeting

WYLD PALMS COMMUNITY DEVELOPMENT DISTRICT
BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS	Call to Order and Roll Call

Board of Supervisors’ meeting for the Wyld Palms Community Development District was called to order on Friday, November 15, 2019 at 11:00 a.m. at the Wyld Palms Clubhouse, 6442 E. Turner Camp Rd., Inverness, FL 34426. Board Members listed below constituted a quorum:

Board Members present:

Chris Julin	Chairman		
Trish Walden	Assistant Secretary		
John Blakley	Assistant Secretary		
Also present were:			
Jen Walden	PFM		
Lubna Sikder	PFM	(via phone)	
Tucker Mackie	Hopping Green & Sams (via phone)	
SECOND ORDER OF BUSINESS	Public Comment Period	

Ms. J. Walden noted that there were no members of the public present.

THIRD ORDER OF BUSINESS	Swearing in Maurice McDaniel

Mr. McDaniel is not present and will be administered the oath of office at another time.

FOURTH ORDER OF BUSINESS

Consideration of the Minutes of the September 10, 2019 Board of Supervisors’ Meeting

Board Members reviewed the minutes for the September 10, 2019 Board of Supervisors’ Meeting

On Motion Ms. T. Walden, second by Mr. Blakley, with all in favor, the Wyld Palms Community Development District Board of Supervisors approved the September 10, 2019 Board of Supervisors’ Meeting Minutes.

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FIFTH ORDER OF BUSINESS

Consideration of Resolution 2020-01, Amending the FY 2019 Budget

Ms. Walden explained that behind the resolution is the proposed updated budget. This resolution is to amend the Fiscal Year 2019 Budget because the District exceeded the adopted amount. Ms. Walden explained that the new amount is $75,270.00.

On Motion by Mr. Blakley, second by Ms. T. Walden, with all in favor, the Wyld Palms Community Development District Board of Supervisors approved Resolution 2020-01, Amending the FY 2019 Budget.

SIXTH ORDER OF BUSINESS

Ratification of Payment Authorization No. 157 – 161

The Board reviewed Payment Authorization No. 157 – 161. Ms. J. Walden noted that these have been approved and paid and just need to be ratified.

On Motion by Ms. T. Walden, second by Mr. Julin, with all in favor, the Wyld Palms Community Development District Board of Supervisors ratified Payment Authorization Nos. 157– 161.

SEVENTH ORDER OF BUSINESS

Review of District’s Financial Position and Budget to Actual YTD

The Board Members reviewed the District’s financials through October 31, 2019. Ms. Walden noted that the District is well under budget. No action was required by the Board.

EIGHTH ORDER OF BUSINESS

Staff Reports, Supervisor Requests, and Audience Comments

District Counsel – No Report

District Manager – The next meeting is scheduled for Tuesday, December 3 at 1:00 p.m.

Mr. Blakley asked if the Board can change the meeting time. A discussion took place regarding the day and time of the meetings. Ms. Walden asked Ms. Mackie if the Board needs to approve a resolution again or if

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a motion would suffice. Ms. Mackie responded that a motion is fine and directed Ms. Walden to change the meeting dates and times on the website and notice them going forward.

On Motion by Mr. Blakley, second by Ms. T. Walden, with all in favor, the Wyld Palms Community Development District Board of Supervisors approved a revision to the Fiscal Year Meeting Schedule to the 1st Monday of each month at 11:00 a.m. at this location.

Mr. Blakley asked if it is necessary for the full Board to meet to approve each new contract or is there a way to grant authority to the Chair to approve it outside of a Board meeting. Ms. Mackie stated the problem is that the District is the Manager of the SPE. When authority has been given to the SPE to execute an advanced authority gives her some pause. Ms. Mackie will look into whether there is some way to tailor and advance approval.

District Engineer – Not Present

Supervisor Requests: There were no other Supervisor requests.

NINTH ORDER OF BUSINESS	Adjournment

Ms. J. Walden asked if there were any other discussions. Hearing none, she suggested a motion to adjourn.

On MOTION by Ms. T. Walden, second by Mr. Blakley, with all in favor, November 15, 2019 Board of Supervisors’ Meeting for the Wyld Palms Community Development District was adjourned.

_________________________ Secretary / Assistant Secretary

_________________________

Chairperson / Vice Chairperson

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Wyld Palms
Community Development District

Minutes of the May 4, 2020 Board of Supervisors’ Meeting

WYLD PALMS COMMUNITY DEVELOPMENT DISTRICT
BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS	Call to Order and Roll Call

Board of Supervisors’ meeting for the Wyld Palms Community Development District was called to order on Monday, 4, 2020 at 11:00 a.m. using telephonic conferencing due to the COVID-19 Executive Orders 20-

52 & 20-69. Board Members listed below constituted a quorum:

Board Members present:

Chris Julin	Chairman	(via phone)	
Trish Walden	Vice Chairman	(via phone)	
John Blakley	Assistant Secretary	(via phone)	
Also present were:			
Jen Walden	PFM	(via phone)	
Lynne Mullins	PFM	(via phone)	
Lubna Sikder	PFM	(via phone)	
Tucker Mackie	Hopping Green & Sams (via phone)	
SECOND ORDER OF BUSINESS	Public Comment Period	

Ms. J. Walden noted that there were no members of the public present.

THIRD ORDER OF BUSINESS

Discussion	regarding

Orders 20-52 & 20-69

Executive

Ms. J. Walden stated that included in the agenda are Executive Orders 20-52 & 20-69 which state that the District is able to hold their meetings via telephonic conferencing due to the COVID-19 situation. Also included is a proof of the ad which was placed for today’s meeting and notes those executive orders as well as the telephonic conferencing information so the public can safely join.

FOURTH ORDER OF BUSINESS

Consideration of the Minutes of the November 15, 2019 Board of Supervisors’ Meeting

Board Members reviewed the minutes for the November 15, 2019 Board of Supervisors’ Meeting.

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On Motion Mr. Blakley, second by Mr. Julin, with all in favor, the Wyld Palms Community Development District Board of Supervisors approved the November 15, 2019 Board of Supervisors’ Meeting.

FIFTH ORDER OF BUSINESS

Letter from Supervisor of Elections – Citrus County

Ms. J. Walden explained that the District is required to state on the record the number of registered voters within the District. As of April 15, 2020, there were 2 voters registered. No action is required.

SIXTH ORDER OF BUSINESS

Consideration of Resolution 2020-02, Designating a Date, Time and Location for the 2020 Landowners’ Meeting

Ms. J. Walden explained that the Statute requires us to announce the Landowners’ Meeting on the record at least 90 days prior to the actual election. She recommended Monday, November 2, 2020 at 11 a.m. at the Wyld Palms Clubhouse.

On Motion by Mr. Julin, second by Ms. T. Walden, with all in favor, the Wyld Palms Community Development District Board of Supervisors approved Resolution 2020-02, Designating a Date, Time and Location for the 2020 Landowners’ Meeting for Monday, November 2, 2020 @ 11 a.m. at the Wyld Palms Clubhouse, 6442 E. Turner Camp Road, Inverness, FL 34426.

SEVENTH ORDER OF BUSINESS

Consideration of Resolution 2020-03, Setting the Public Hearing to Adopt Amended and Restated Rules of Procedures

Ms. Mackie explained the requested action for today is to schedule the public hearing date at which these amended rules will be considered. The District is required to go through a specific rule making process that provides for an advertisement of this hearing before approving the revised rules of procedure. The reason for the revised rules is twofold. The first is to incorporate legislative changes that have happened over the past couple of years as the District doesn’t revise these every year. The second is to incorporate any efficiencies that have been realized over time to assist in the operation of the District. She noted that there

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is a memorandum included which highlights the key changes and also the red-lined version of the rules is included for review.

On Motion by Mr. Julin, second by Mr. Blakely, with all in favor, the Wyld Palms Community Development District Board of Supervisors approved Resolution 2020-03, Setting the Public Hearing to Adopt Amended and Restated Rules of Procedures for Monday, August 3, 2020 @ 11 a.m. at the Wyld Palms Clubhouse, 6442 E. Turner Camp Road, Inverness, FL 34426.

EIGHTH ORDER OF BUSINESS

Consideration of Resolution 2020-04, Adopting Internal Controls Policy

Ms. Mackie explained in the last legislative session there was a change regarding auditing policies and it was determined that local governments in the State of Florida should be consistent with internal controls policies related to fraud, waste and abuse. The District doesn’t have any current written policies in place and the best way to have compliance is to have written policies developed. Included with the resolution is a policy that Hopping Green and Sams developed in consultation with PFM and the District’s auditor. She added that there has been no experience of fraud, waste or abuse related to District operational matters.

On Motion by Ms. T. Walden, second by Mr. Julin, with all in favor, the Wyld Palms Community Development District Board of Supervisors approved Resolution 2020-04, Adopting Internal Controls Policy.

NINTH ORDER OF BUSINESS

Consideration of Resolution 2020-05, Approving a Preliminary Budget for Fiscal Year 2021 and Setting a Public Hearing Date

Ms. J. Walden noted that the preliminary budget is included with the resolution and there is a proposed increase to $81,875.00 due to the actuals for FY 2020 and the small increased costs. She reminded the Board that this District is Developer funded so items will only be paid as incurred. Mr. Julin noted that the pool is having some issues with the framing which is impacting the filtering tank and the pump system which will need to be replaced. He has one quote in and is trying to get a couple more. He estimates it will cost at least $4,500.00. Ms. J. Walden responded with having the Board increase the preliminary budget to include this new expense. Mr. Blakely added that we should increase the amount of the pool line item to $5,000.00. Ms. J. Walden recommended increasing the overall preliminary budget to $86,875.00. The Board agreed.

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On Motion by Mr. Julin, second by Ms. T. Walden, with all in favor, the Wyld Palms Community Development District Board of Supervisors approved Resolution 2020-05, Approving a Preliminary Budget for Fiscal Year 2021 and Setting a Public Hearing Date with the preliminary budget set at $86,875.00 for Monday, August 3, 2020 @ 11 a.m. at the Wyld Palms Clubhouse, 6442 E. Turner Camp Road, Inverness, FL 34426.

TENTH ORDER OF BUSINESS

Consideration of Resolution 2020-06, Re-Designating a Public Depository

Ms. J. Walden stated that the Accountant has been having some conflicts with the current bank, SunTrust, and has asked if we can switch to Valley National Bank. PFM uses this bank for several of their other Districts and has a good working relationship. Ms. Sikder added that SunTrust does not have online access to the bank statements and they are also holding funds for large payments which has created issues with making necessary payments on time.

On Motion by Ms. T. Walden, second by Mr. Blakely, with all in favor, the Wyld Palms Community Development District Board of Supervisors approved Resolution 2020-06, Re-Designating a Public Depository.

ELEVENTH ORDER OF BUSINESS

Consideration of Fiscal Year 2021 SPE Operating Budget

Ms. J. Walden explained that these expenditures have not been funded by the District but by the Bondholders pursuant to the Tri-Party Agreement and until such time as the property is sold to an eventual third-party purchaser. She noted that the minimum proposed budget is the same as FY 2020.

On Motion by Mr. Blakely, second by Ms. T. Walden, with all in favor, the Wyld Palms Community Development District Board of Supervisors approved the Fiscal Year 2021 SPE Operating Budget.

TWELFTH ORDER OF BUSINESS

Consideration of First Amendment to Website Services Agreement

Ms. J. Walden explained that the District currently has the website agreement with the District Manager who uses this third-party vendor for the District website. This is the same vendor that is currently doing the

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quarterly ADA auditing services and has agreed to keep the current monthly maintenance pricing the same as it currently is at $100 per month. Once this agreement is in place, then PFM will stop billing the District for this service and the bill will come directly from the vendor.

On Motion by Mr. Julin, second by Ms. T. Walden, with all in favor, the Wyld Palms Community Development District Board of Supervisors approved the First Amendment to Website Services Agreement.

THIRTEENTH ORDER OF BUSINESS

Ratification of Payment Authorization No. 162 – 176

The Board reviewed Payment Authorization No. 162 – 176. Ms. J. Walden noted that these have been approved and paid and just need to be ratified.

On Motion by Ms. T. Walden, second by Mr. Julin, with all in favor, the Wyld Palms Community Development District Board of Supervisors ratified Payment Authorization Nos. 162 – 176.

FOURTEENTH ORDER OF BUSINESS

Review of District’s Financial Position and Budget to Actual YTD

The Board Members reviewed the District’s financials through March 31, 2020. Ms. Walden noted that the District is currently running under budget. No action was required by the Board.

FIFTEENTH ORDER OF BUSINESS

Staff Reports, Supervisor Requests, and Audience Comments

District Counsel – Ms. Mackie noted that the current Purchase and Sale Agreement has been terminated by the potential buyer. She asked Ms. T. Walden if there are any new PSAs currently in the works. Ms. T. Walden noted that she has some interest with a potential new buyer but no agreement is ready yet.

District Manager –Ms. Mullins stated that she was reviewing the line items in the budget and noticed that the line item for phone, DSL and cable seemed high. She reached out to Chris onsite and the phone company and found that the District has four lines which are for the burglary alarm and are pricey. The security company stated that the District can upgrade the system to a cell communicator and get rid of the phone lines. There would be no charge for the initial install but would up the monthly cost to $44.95 for each of the lines for the two cell communicators. However, the District would be able to get rid of the pricey phone lines. The Board agreed with moving forward with these changes.

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District Engineer – Not Present

Supervisor Requests: Mr. Blakely asked would we be able to hold the August public hearings via telephonic conferencing. Ms. Mackie responded that will depend on when the orders are extended or are set to end. District Staff will be sure to update the team once we get closer to the meeting date and the advertisement for the meeting will include information on meeting in person as well as via telephonic conferencing.

SIXTEENTH ORDER OF BUSINESS	Adjournment

Ms. J. Walden asked if there were any other discussions. Hearing none, she suggested a motion to adjourn.

On MOTION by Ms. T. Walden, second by Mr. Julin, with all in favor, May 4, 2020 Board of Supervisors’ Meeting for the Wyld Palms Community Development District was adjourned.

_________________________ Secretary / Assistant Secretary

_________________________

Chairperson / Vice Chairperson

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Wyld Palms
Community Development District

Purchase and Sale Agreement

(provided under separate cover)

Wyld Palms
Community Development District

Payment Authorization
No. 177 & 178

WYLD PALMS

CDD

Payment Authorization No. 177

5/4/2020

				FY20	
Item	Payee	Invoice		General	
No.		Billing #		Projects	
1	Century Link				
	Account #311851928 ; Svc 04/16/20 - 05/15/20	--	$	170.80	
	Account #312230189 ; Svc Apr 2020	--	$	158.22	
2	Florida Department of Health in Citrus County				
	Permit Number 09-60-00147	1/4626218	$	125.00	
	Permit Number 09-60-00146	1/4626188	$	250.00	
3	Hopping Green & Sams				
	Dist. Counsel Svcs Feb 2020	113751	$	579.00	
4	PFM Group Consulting LLC				
	Billable Expenses Mar 2020	109234	$	35.97	
	Dissemination Agent Fee Jan- Sept 2020	DA-04-2020-0038	$	1,000.00	
	Dist. Mgmt Apr 2020	DM-04-2020-0083	$	833.33	
	Website Fee April 2020	DM-04-2020-0084	$	100.00	
5	SECO Energy				
	Account #2011162501 ; Svcs 03/20/20 - 04/21/20	--	$	57.25	
	Account #2011322701 ; Svcs 03/20/20 - 04/21/20	--	$	746.41	
	Account #2011329201 ; Svcs 03/20/20 - 04/21/20	--	$	139.28	
	Account #2011362101 ; Svcs 03/20/20 - 04/21/20	--	$	43.23	
	Account #2011438701 ; Svcs 03/20/20 - 04/21/20	--	$	43.23	
	Account #2011976001 ; Svcs 03/20/20 - 04/21/20	--	$	44.59	
					
			$	4,326.31	
		TOTAL		$4,326.31	

Secretary	Chairman

WYLD PALMS

CDD

Payment Authorization No. 178

5/15/2020

				FY20	
Item	Payee	Invoice		General	
No.		Billing #		Projects	
1	City of Inverness				
	Account #1350001000	444631	$	9.92	
	Account #1350001001	444632	$	323.47	
	Account #1350010000	444641	$	73.09	
	Account #1350011000	444642	$	9.92	
	Account #1350013000	444644	$	74.36	
	Account #1350017000	444648	$	24.93	
	Account #1350022000	444653	$	46.03	
	Account #1350023000	444654	$	73.09	
					
			$	634.81	
		TOTAL		$634.81	

Secretary	Chairman

Wyld Palms
Community Development District

District’s Financial Position and Budget to Actual YTD

Wyld Palms CDD

Statement of Financial Position

As of 04/30/2020

					General Fund		Special		Debt Service	Debt Service		Construction		General Fixed		Long Term Bond		Total		
							Purpose Entity			Fund - A	Fund - B		Fund		Assets		Debt				
											Assets												
Current Assets																					
					$19,201.05																	$19,201.05		
General Checking Account																				
Prepaid Expenses	116.00																	116.00		
General Checking Account		$17,907.49															17,907.49		
Debt Service Reserve Bond				$0.04											0.04		
Revenue Bond				105.62											105.62		
Debt Service Reserve Bond										$1,508.39							1,508.39		
Revenue Bond										0.73							0.73		
Interest Bond										0.01							0.01		
Acquisition/Construction Bond												$188,920.94					188,920.94		
Deferred Cost Bond												4,191.32					4,191.32		
Total Current Assets																		
	$19,317.05		$17,907.49		$105.66			$1,509.13		$193,112.26		$0.00		$0.00		$231,951.59		
Investments																					
																			$1,614.79	$1,614.79		
Amount Available in Debt Service Funds																			
Amount To Be Provided																15,453,385.21	15,453,385.21		
Total Investments													
	$0.00		$0.00		$0.00			$0.00		$0.00		$0.00		$15,455,000.00		$15,455,000.00		
Property, Plant & Equipment																						
Fixed Assets - Land		$2,504,467.00															$2,504,467.00		
Other Fixed Assets (2007)														$8,987,265.00			8,987,265.00		
Other Fixed Assets (2008)														1,750,692.00			1,750,692.00		
Other Fixed Assets (2009)														1,195,778.14			1,195,778.14		
Total Property, Plant & Equipment													
	$0.00		$2,504,467.00		$0.00			$0.00		$0.00		$11,933,735.14		$0.00		$14,438,202.14		
Total Assets													
	$19,317.05		$2,522,374.49		$105.66			$1,509.13		$193,112.26		$11,933,735.14		$15,455,000.00		$30,125,153.73		
																						
										Liabilities and Net Assets										
Current Liabilities																						
Accounts Payable	$545.80																	$545.80		
Due to Bondholders				$4,686,686.98											4,686,686.98		
Due to Bondholders										$14,891,799.50							14,891,799.50		
Total Current Liabilities													
	$545.80		$0.00		$4,686,686.98			$14,891,799.50		$0.00		$0.00		$0.00		$19,579,032.28		

1 of 2

Wyld Palms CDD

Statement of Financial Position

As of 04/30/2020

		General Fund		Special		Debt Service		Debt Service		Construction		General Fixed		Long Term Bond		Total		
				Purpose Entity		Fund - A		Fund - B		Fund		Assets		Debt				
Long Term Liabilities																		
Revenue Bonds Payable - Long-Term												$15,455,000.00	$15,455,000.00		
Total Long Term Liabilities																	
	$0.00		$0.00		$0.00		$0.00		$0.00		$0.00		$15,455,000.00		$15,455,000.00		
Total Liabilities											
	$545.80		$0.00		$4,686,686.98		$14,891,799.50		$0.00		$0.00		$15,455,000.00		$35,034,032.28		

Net Assets				
Net Assets, Unrestricted	$490,521.35	$490,521.35	
Current Year Net Assets, Unrestricted	(19.25)	(19.25)	
Net Assets-General Government	(472,758.82)	(472,758.82)	
Current Year Net Assets - General	1,027.97	1,027.97	
Government	$3,127,966.85	3,127,966.85		
Net Assets, 270				
Current Year Net Assets, 270	114,473.80	114,473.80		
Net Assets - General Government	(611,846.42)	(611,846.42)		
Current Year Net Assets - General Government	(108,219.74)	(108,219.74)		

Net Assets, Unrestricted				($4,527,599.14)									(4,527,599.14)		
Current Year Net Assets, Unrestricted				(158,982.18)									(158,982.18)		
Net Assets, Unrestricted						($14,629,209.53)							(14,629,209.53)		
Current Year Net Assets, Unrestricted						(261,080.84)							(261,080.84)		
Net Assets, Unrestricted								($20,562.82)					(20,562.82)		
Net Assets, Unrestricted								(203,351.48)					(203,351.48)		
Current Year Net Assets, Unrestricted								(603.49)					(603.49)		
Net Assets - General Government								417,630.05					417,630.05		
Net Assets, Invd in Capital, Net of Debt										$11,933,735.14			11,933,735.14		
Total Net Assets																	
	$18,771.25		$2,522,374.49		($4,686,581.32)		($14,890,290.37)		$193,112.26		$11,933,735.14		$0.00		($4,908,878.55)		
Total Liabilities and Net Assets											
	$19,317.05		$2,522,374.49		$105.66		$1,509.13		$193,112.26		$11,933,735.14		$15,455,000.00		$30,125,153.73		

2 of 2

Wyld Palms CDD

Statement of Activities

As of 04/30/2020

			General Fund		Special		Debt Service		Debt Service		Construction		General Fixed		Long Term Bond	Total		
					Puspose Entity		Fund - A		Fund - B		Fund		Assets		Debt			
Revenues																			
Other Income & Other Financing Sources	$39,735.00															$39,735.00		
Inter-Fund Transfers	(19.25)															(19.25)		
Other Income & Other Financing Sources		$121,564.74													121,564.74		
Inter-Fund Transfers		19.25													19.25		
Other Income & Other Financing Sources				$0.01											0.01		
Total Revenues																		
	$39,715.75		$121,583.99		$0.01		$0.00		$0.00		$0.00		$0.00			$161,299.75		
Expenses																			
Supervisor Fees	$600.00											$	600.00		
Management	4,999.98															4,999.98		
District Counsel	1,527.00															1,527.00		
Audit	1,500.00															1,500.00		
Travel and Per Diem	98.60															98.60		
Postage & Shipping	21.10															21.10		
Legal Advertising	194.70															194.70		
Miscellaneous	375.00															375.00		
Web Site Maintenance	600.00															600.00		
Dues, Licenses, and Fees	184.11															184.11		
Security	909.76															909.76		
Electric	5,695.63															5,695.63		
Water-Sewer	4,797.23															4,797.23		
Telephone, DSL, Cable - Clubhouse	2,447.42															2,447.42		
General Insurance	3,729.75															3,729.75		
Property & Casualty	4,794.25															4,794.25		
Common Area Maintenance	1,137.50															1,137.50		
Pest Control	1,021.00															1,021.00		
Swimming Pools	4,074.00															4,074.00		
Management		$4,000.00													4,000.00		
Postage & Shipping		2.50													2.50		
Miscellaneous		143.72													143.72		
Property Taxes		108,219.74													108,219.74		
Dues, Licenses, and Fees		762.75													762.75		
Water-Sewer		2,201.22													2,201.22		
Interest Payments - Series Bond				$158,986.20											158,986.20		
Interest Payments Series Bond						$261,090.00									261,090.00		
Bond Counsel								$1,769.00							1,769.00		
Total Expenses												
	$38,707.03		$115,329.93		$158,986.20		$261,090.00		$1,769.00		$0.00		$0.00			$575,882.16		

1 of 2

Wyld Palms CDD

Statement of Activities

As of 04/30/2020

			General Fund		Special		Debt Service		Debt Service		Construction		General Fixed		Long Term Bond		Total		
					Puspose Entity		Fund - A		Fund - B		Fund		Assets		Debt				
Other Revenues (Expenses) & Gains (Losses)																		
Interest Income				$4.10									$4.10		
Net Increase (Decrease) in FV of Inv				(0.09)									(0.09)		
Interest Income						$10.51							10.51		
Net Increase (Decrease) in FV of Inv						(1.35)							(1.35)		
Interest Income								$1,356.44					1,356.44		
Net Increase (Decrease) in FV of Inv								(190.93)					(190.93)		
Total Other Revenues (Expenses) & Gains (Losses)																	
	$0.00		$0.00		$4.01		$9.16		$1,165.51		$0.00		$0.00		$1,178.68		
Change In Net Assets	$1,008.72	$6,254.06	($158,982.18)	($261,080.84)	($603.49)	$0.00	$0.00	($413,403.73)		
Net Assets At Beginning Of Year		$17,762.53		$2,516,120.43		($4,527,599.14)		($14,629,209.53)		$193,715.75		$11,933,735.14		$0.00		($4,495,474.82)		
Net Assets At End Of Year	$18,771.25	$2,522,374.49	($4,686,581.32)	($14,890,290.37)	$193,112.26	$11,933,735.14	$0.00	($4,908,878.55)		

2 of 2

Wyld Palms CDD

Budget to Actual

For the Month Ending 04/30/2020

							Year To Date				
					Actual		Budget		Variance		FY 2020		
											Adopted Budget		
Revenues									
			$39,735.00	$46,357.50	($6,622.50)	$79,470.00		
	Other Income & Other Financing Sources						
	Net Revenues									
		$39,735.00		$46,357.50		($6,622.50)		$79,470.00		
General & Administrative Expenses										
	Supervisor Fees	$600.00	$1,400.00	($800.00)	$2,400.00		
	Management	4,999.98	5,833.31	(833.33)	10,000.00		
	Dissemination Agent	-	583.31	(583.31)	1,000.00		
	District Counsel	1,527.00	4,666.69	(3,139.69)	8,000.00		
	Reamortization Schedule	-	291.69	(291.69)	500.00		
	Audit	1,500.00	2,916.69	(1,416.69)	5,000.00		
	Travel and Per Diem	98.60	233.31	(134.71)	400.00		
	Telephone	-	29.19	(29.19)	50.00		
	Postage & Shipping	21.10	70.00	(48.90)	120.00		
	Copies	-	72.94	(72.94)	125.00		
	Legal Advertising	194.70	700.00	(505.30)	1,200.00		
	Miscellaneous	375.00	218.89	156.11	375.00		
	Web Site Maintenance	600.00	1,400.00	(800.00)	2,400.00		
	Dues, Licenses, and Fees	184.11	102.06	82.05	175.00		
	General Insurance	3,729.75	3,339.56	390.19	5,725.00		
	Property	4,794.25	4,243.75	550.50	7,275.00		
	Total General & Administrative							
		$18,624.49		$26,101.39		($7,476.90)		$44,745.00		
	Expenses									
	Field Expenses										
	Security	$909.76	$452.06	$457.70	$775.00		
	Electric	5,695.63	6,708.31	(1,012.68)	11,500.00		
	Gas	-	58.31	(58.31)	100.00		
	Water, Sewer (City of Inverness)	4,797.23	4,389.56	407.67	7,525.00		
	Telephone,DSL,Cable- (Clubhouse)	2,447.42	1,983.31	464.11	3,400.00		
	Common Area Maintenance	1,137.50	1,458.31	(320.81)	2,500.00		
	Pest Control	1,021.00	875.00	146.00	1,500.00		
	Swimming Pools	4,074.00	4,331.25	(257.25)	7,425.00		
	Total Field Expenses							
		$20,082.54		$20,256.11		($173.57)		$34,725.00		
		Total Expenses	$38,707.03		$46,357.50		($7,650.47)		$79,470.00		
			Net Income (Loss)							
				$1,027.97		$0.00		$1,027.97		$0.00		

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