AMS 2016-09-09 Regular Board Meeting Book

Transcription

AVE MARIA STEWARDSHIP
COMMUNITY DISTRICT
COLLIER COUNTY
REGULAR BOARD MEETING
SEPTEMBER 9, 2016
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
Ave Maria Master Association (office/fitness center)
5076 Annunciation Circle, Suite 103
Ave Maria, Florida 34142
REGULAR BOARD MEETING
September 9, 2016
9:00 a.m.
A. Call to Order
B. Pledge of Allegiance
C. Proof of Publication……………………………………………………………………………………Page 1
D. Establish Quorum
E. Additions or Deletions to Agenda
F. Comments from the Public for Items Not on the Agenda
G. Approval of Minutes
1. August 2, 2016 Regular Board Meeting & Public Hearing Minutes………………………………Page 2
H. Election Matters
1. Presentation of Urban Area Maps………………………………………………………………....Page 8
 Audience Comment
2. Consider Resolution No. 2016-11 – Recognizing Presentation of Urban Area Maps…………….Page 9
I. 2016 Financing
1. Consider Approval for Preparation of Methodologies for Series 2016A Bonds &2016 BANs..…Page 11
2. Consider Approval of Investment Banking Agreement…………………………………………...Page 14
3. Consider Approval for Preparation Engineer’s Reports for 2016A Bonds & Series 2016 BANs...Page 19
J. Old Business
1. Discussion Regarding Signage Policy……………………………………………………………..Page 21
K. New Business
L. Administrative Matters
1. Legal Report
2. Engineer Report
3. Manager’s Report
M. Board Members Comments
N. Adjourn
Page 1
PUBLIC HEARING & REGULAR BOARD MEETING
AUGUST 2, 2016
A.
CALL TO ORDER
The August 2, 2016, Regular Board Meeting of the Ave Maria Stewardship Community
District was called to order at 9:00 a.m. at the Ave Maria Master Association located at
5076 Annunciation Circle, Suite 103, Ave Maria, Florida 34142.
B.
PLEDGE OF ALLEGIANCE
C.
PROOF OF PUBLICATION
Proof of publication was presented showing that notice of the Regular Board Meeting had
been published in the Naples Daily News on July 15, 2016, and July 22, 2016, as legally
required.
D.
ESTABLISH A QUORUM
A quorum was established with the following:
Board of Supervisors
Chairman
Vice Chairperson
Supervisor
Supervisor
Supervisor
Thomas Peek
Liesa Priddy
Jay Roth
Thomas DiFlorio
Douglas Baird
Present
Absent
Present
Present
Present
District Staff in attendance were:
District Manager
District Manager
General Counsel
District Engineer
Todd Wodraska
Kathleen Dailey
Alyssa Willson
Dan Brundage
Developer
David Genson
Special District Services
Special District Services
Hopping, Green & Sams
Agnoli,
Barber
&
Brundage, Inc.
Barron Collier Companies
Also present via telephone was Dave Schneider of the Ave Herald.
E.
ADDITIONS OR DELETIONS TO THE AGENDA
There were no additions or deletions to the agenda.
F.
COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA
There were no comments from the public for items not on the agenda.
G.
APPROVAL OF MINUTES
Page 2
AUGUST 2, 2016
1. June 7, 2016, Regular Board Meeting
The June 7, 2016, Regular Board Meeting Minutes were presented for approval.
There was discussion and a consensus of the Board that item K “Anthem Parkway” should
be changed to “the future extension of Anthem Parkway east of Ave Maria…”
A motion was made by Mr. Baird, seconded by Mr. Roth and passed unanimously
approving the minutes of the June 7, 2016, Regular Board Meeting, as amended.
The Regular Board Meeting was then recessed and the Public Hearing was opened.
H.
PUBLIC HEARING
1. Proof of Publication
Proof of publication was presented showing that notice of the Public Hearing had been
published in the Naples Daily News on July 15, 2016, and July 22, 2016, as legally required.
2. Receive Public Comment on the Fiscal Year 2016/2017 Final Budget
There was no public comment on the Fiscal Year 2016/2017 Final Budget.
3. Consider Resolution No. 2016-07 – Adopting a Fiscal Year 2016/2017 Final
Budget
Resolution No. 2016-07 was presented, entitled:
RESOLUTION 2016-07
THE ANNUAL APPROPRIATION RESOLUTION OF THE AVE
MARIA STEWARDSHIP COMMUNITY DISTRICT RELATING
TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE
BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
2016, AND ENDING SEPTEMBER 30, 2017
A motion was made by Mr. Baird, seconded by Mr. DiFlorio and passed unanimously to
adopt Resolution No. 2016-07, as presented.
4. Consider Resolution No. 2016-08 – Adopting an Annual Assessment
Resolution for Fiscal Year 2016/2017
RESOLUTION 2016-08
Page 3
AUGUST 2, 2016
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE
AVE MARIA STEWARDSHIP COMMUNITY DISTRICT MAKING
A DETERMINATION OF BENEFIT; IMPOSING SPECIAL
ASSESSMENTS; PROVIDING FOR THE COLLECTION AND
ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT
NOT LIMITED TO PENALTIES AND INTEREST THREON;
CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR
AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A
SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE
DATE.
A motion was made by Mr. Baird, seconded by Mr. DiFlorio and passed unanimously to
5. Consider Resolution No. 2016-09 – Adopting a Fiscal year 2016/2017 Master
Irrigation Utility System Budget
RESOLUTION NO. 2016-09
A RESOLUTION OF THE AVE MARIA STEWARDSHIP
COMMUNITY DISTRICT ADOPTING A FINAL FISCAL YEAR
2016/2017 BUDGET FOR THE MASTER IRRIGATION UTILITY
SYSTEM
A motion was made by Mr. Roth, seconded by Mr. DiFlorio and passed unanimously to
The Public Hearing was then closed and the Regular Board Meeting was reconvened.
I.
ELECTION MATTERS
1. Consider Resolution No. 2016-10 – Canvassing and Certifying the Results
of the Referendum
RESOLUTION 2016-10
A
RESOLUTION
OF
THE
BOARD
OF
SUPERVISORS
OF
THE
AVE
MARIA
STEWARDSHIP
COMMUNITY
DISTRICT
CANVASSING AND CERTIFYING THE RESULTS
OF THE REFERENDUM HELD PURSUANT TO
CHAPTER 2004-461, LAWS OF FLORIDA.
Page 4
AUGUST 2, 2016
After asking if those present had any comments and/or questions and there being none, a
motion was made by Mr. Roth, seconded by Mr. DiFlorio and passed unanimously to adopt
Resolution No. 2016-10, as presented.
2. Presentation of Urban Area Maps
Mr. Wodraska explained, as part of election matters, the Urban Area Maps are one of the
items necessary in order to convert 1 seat to general election and must be completed within
60 days. The maps must present the percentage of land that is considered urbanized in the
entire District. He continued that there are some questions about what has been included
and that which was not included, but has subsequently been determined that more will be
included. Mr. Baird went over the current map and noted additional areas would be added.
Mr. Wodraska indicated that the new revised maps should be ready in 30 days and then the
objection timeframe begins. Mr. Wodraska also went over the entire time schedule and
noted that if all goes as planned, the District would hold a special election during the first
quarter of 2017. It was the consensus of the Board to bring the maps back at the next
meeting with the additional areas included.
3. Consider Resolution No. 2016-11 – Recognizing Presentation of Urban Area
Maps
This item was tabled until the next meeting.
J.
OLD BUSINESS
There were no Old Business items to come before the Board.
K.
NEW BUSINESS
1. Consider Resolution No. 2016-12 – Adopting a Fiscal Year 2016/2017
Meeting Schedule
RESOLUTION NO. 2016-12
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE
AVE MARIA STEWARDSHIP COMMUNITY DISTRICT,
ESTABLISHING A REGULAR MEETING SCHEDULE FOR
FISCAL YEAR 2016/2017 AND SETTING THE TIME AND
LOCATION OF SAID DISTRICT MEETINGS; AND
PROVIDING AN EFFECTIVE DATE.
A discussion ensued regarding several dates on the schedule. It was noted that the
November 1, 2016, meeting would include a Landowners’ Meeting and the Board decided
Page 5
AUGUST 2, 2016
to remove the July 4, 2017, meeting date from the schedule. A motion was made by Mr.
DiFlorio, seconded by Mr. Roth and passed unanimously to adopt Resolution No. 201612, as amended.
The Board also discussed was changing the September 6, 2016, meeting to Friday,
September 9, 2016. A motion was made by Mr. Baird, seconded by Mr. DiFlorio and
passed unanimously to change the September 2016 meeting date, as noted above.
2. Consider Approval of Auditor Renewal
Mr. Wodraska explained that every year an audit is performed. He recommended renewing
the contract with Grau & Associates at a cost of $7,700. A motion was made by Mr.
DiFlorio, seconded by Mr. Roth and passed unanimously to renew the contract with Grau
& Associates at a cost of $7,700.
L.
ADMINISTRATIVE MATTERS
1. Legal Report
There was no Legal Report at this time.
2. Engineer’s Report
There was no Engineer’s Report at this time.
3. Manager’s Report
a. Update Regarding Future Bond Issues
 Maple Ridge Phase 2 Bonds
Mr. Genson indicated that a financing plan for the Phase 2 Bonds would be presented in
September.

Anthem Parkway Bond Anticipation Notes
Mr. Genson stated that financing for the construction of Anthem Parkway would be
presented in September.
M.
BOARD MEMBER COMMENTS
Mr. Roth asked about mosquitos to which Mr. Wodraska stated that the District is way over
budget on mosquito control. Mr. Wodraska further indicated that Ave Maria is looking
into opting in to the Collier County Mosquito Control District (CCMCD). Mr. Baird noted
that he had been approached by the CCMCD to spray the surrounding areas.
N.
ADJOURNMENT
Page 6
AUGUST 2, 2016
There being no further business to come before the Board, Mr. Peek adjourned the Regular
Board Meeting at 9:42 a.m. There were no objections.
________________________________
Secretary/Assistant Secretary
__________________________________
Chair/Vice-Chairman
Page 7
IMMOKALEE RD
AVE MARIA STEWARDSHIP COMMUNITY
DISTRICT (AMSCD) BOUNDARY
Camp Keais RD
Y
PKW
em
k
St
Ow
VD
en
s W
A
on
W
A
ST
Y
Se
AY
y W
tuck
Ken
D
Torino AVE
ton
Clancy AVE
on
Le
Magellan ST
et
ST
n
xi
Y
S
Kelleher ST
on
gt
Ma
BL
ei
dis
ria
nb
ec
Ma
DISTRICT (AMSCD) BOUNDARY
ST
e
W
Av
AY
Anth
hn
e Jo
BLV
l II
Pau
Pop
E
WAY
Horse
l DR
Lowel
CHESTERFIELD DR
er
oa
G
Ferrari AVE
Ave M
aria
Allen PL
dl
W
AY
E
Rimini AV
en
BLVD
an
Sa
Milano ST
Ch
ST
ler
no
Taylo
LN
ST
r DR
Trevi AVE
tt
ma
co
Ro
Al
Dolan ST
Iron
ST
V
a A
Avil
Donahue ST
ST
na
a
nz
Mo
si
es
CT
M
D
n R
kto
Bec
WAY
Brin
Be
ck
to
n
RD
Ave
Ma
ria
Useppa
DR
CT
D
BLV
AY
ti
Camp Keais RD
on
W
er
lie
AY
It
ria
al
ia
ra
la
ec
D
BL
C
T
VD
He
le
na
Champion LN
PL
T
t C
W
Ma
th
CT
to
e
ym
Ju
at
Av
Pl
ou
ia
Ci
Anthem PKW
Y
M
t
Ka
w
lo
f
ay
CT
Be
lle
ra
wa
Prosperity LN
R
tex
t
Y
m PK
W
Anthe
Y
A
Anthem
W
PKWY
PKW
NO L
I
AG
.
I NC
G
E,
N
NTS
,
B R UND
A
R
ce D
0
Oil Well RD
B E R
AR
Page 8
mer
Com
Oil Well RD
B
rex
Arth
Ave Maria BLVD
Y
&
em
b
RD
Anth
ST
eb
y
W
ert
el
Lib
CI
Ave Maria BLVD
D
ore
shm
Ru
Victory DR
lk
NTS
11525-UrbanDevelopment-Site02.dwg 8/16/16
RESOLUTION 2016-11
A RESOLUTION OF THE BOARD OF SUPERVISORS OF
THE AVE MARIA STEWARDSHIP COMMUNITY
DISTRICT RECOGNIZING PRESENTATION OF URBAN
AREA MAPS; PROVIDING NOTICE OF PROCEDURE TO
CONTEST URBAN AREA MAPS; AUTHORIZING
DISTRICT STAFF TO REQUEST COUNTY ENGINEER TO
PREPARE AND PRESENT MAPS UPON RECEIPT OF
CONTEST; AND PROVIDING FOR SEVERABILITY AND
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, ( the “Act”) being situated in Collier County, Florida; and
WHEREAS, in accordance with the provisions of the Act, on June 27, 2016, the
qualified electors, as defined in same, approved a referendum on the question of should certain
members of the Board of Supervisors of the Ave Maria Stewardship Community District be
elected by qualified electors, as defined in the Act as any person at least 18 years of age who is a
citizen of the United States, a legal resident of Florida and of the District and who registers to
vote with the Supervisor of Elections in Collier County; and
WHEREAS, the Act required the Board of Supervisors of the District (“Board”) to direct
District staff to prepare maps of the District describing the extent and location of all urban areas
within the District (the “Urban Area Maps”); and
WHEREAS, the Act defines “urban area” as “a developed and inhabited urban area
within the District within a minimum acreage resident population density of at least 1.5 persons
per acre as defined by the latest official census, special census, or population estimate, a
minimum density of one single-family home per 2.5 acres with access to improved roads, or a
minimum density of one single-family home per 5 acres within a recorded plat subdivision”; and
WHEREAS, on August 2, 2016, the District Engineer presented the Urban Area Maps to
the Board at a duly noticed public meeting.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD
OF SUPERVISORS OF THE AVE MARIA STEWARDSHIP
COMMUNITY DISTRICT:
SECTION 1. The Board hereby acknowledges District Engineer’s presentation of the
Urban Area Maps, attached hereto as Exhibit A.
SECTION 2. The Board hereby provides notice that in accordance with the Act any
District landowner or elector may contest the accuracy of the Urban Area Maps within 30 days
after such presentation. Such notice of objection must be provided in writing to the District
Manager at 2501 Burns Road, Suite A, Palm Beach Gardens, Florida 33410 by 5 p.m. on
September 1, 2016.
Page 9
SECTION 3. Upon receipt of a notice of objection, the Board authorizes District staff to
request the county engineer to prepare and present maps of the District describing the extent and
location of all urban areas within the District. In accordance with the Act, such determination
shall be based limitedly and exclusively upon the criteria contained in the definition in the Act of
urban area.
SECTION 4. If any provision of this resolution is held to be illegal or invalid, the other
provisions shall remain in full force and effect.
SECTION 5. This resolution shall become effective upon its passage and shall remain in
effect unless rescinded or repealed.
PASSED AND ADOPTED this 9th day of September, 2016.
ATTEST:
DISTRICT
_____________________________
ASSISTANT SECRETARY
____________________________________
CHAIRMAN
Page 10
________________________________________________________________________
MEMORANDUM
________________________________________________________________
TO:
Mr. Todd Wodraska
District Manager, Ave Maria Community Stewardship District
G. Russell
Weyer
Digitally signed by G. Russell
Weyer
DN: cn=G. Russell Weyer, o=Real
Estate Econometrics, Inc., ou,
email=Rweyer@ree-i.com, c=US
Date: 2016.08.03 15:10:27 -04'00'
FROM:
G. Russell Weyer
President
Real Estate Econometrics, Inc.
SUBJECT:
Ave Maria Stewardship Community District Fourth and Fifth Supplemental
Assessment Methodology Reports
DATE:
August 3, 2016
________________________________________________________________
Scope of Work
Background
The Ave Maria Stewardship Community District, (“District”) is looking to issue two new
series of Bonds that will be allocated and apportioned to future development areas in
the planned Maple Ridge, Coquina and the Estates neighborhoods in the Town of Ave
Maria. The fourth supplemental assessment methodology report will allocate and
apportion Series 2016 bonds in the estimated amount of $3,590,000 over 364 planned
units in the three neighborhoods. The fifth supplemental assessment methodology
report will allocate and apportion the Series 2016 Bond Anticipation Notes (“BANs”) in
the estimated amount of $12,455,000 over 1,309 remaining planned homesites in the
Maple Ridge and Estates neighborhoods.
The Client is requesting Real Estate Econometrics, Inc (“Consultant”) to prepare the two
supplemental assessment methodology reports to reflect the two bond issues and to
assess the benefits of the infrastructure to the proposed new units.
Real Estate Econometrics, Inc. 707 Orchid Drive Suite 100 Naples, FL 34102
www.ree-i.com
rweyer@ree-i.com
(239) 269-1341
Page 11
Assignment Plan
Assignment 1 – Fourth Supplemental Assessment Methodology Report
The Consultant will prepare a fourth supplement to the District's master assessment
methodology report dated July 27, 2006 for the issuance of the Series 2016 A Bonds.
The assessment methodology is a process by which the District will mathematically
allocate the costs associated with the financing of its CIP to vacant parcels of land then
special benefits will be determined proportionately to each parcel and finally the dollar
amount of the assessment will be determined based on the proportionate benefit to
each parcel.
Assignment 2 – Fifth Supplemental Assessment Methodology Report
The Consultant will prepare a fifth supplement to the District's master assessment
methodology report dated July 27, 2006 for the issuance of the Series 2016 BANs.
The assessment methodology is a process by which the District will mathematically
allocate the costs associated with the financing of its CIP to vacant parcels of land then
special benefits will be determined proportionately to each parcel and finally the dollar
amount of the assessment will be determined based on the proportionate benefit to
each parcel.
Assignment 3 – Meetings and Presentations
The Consultant will make presentations and attend meetings at the direction of the
Client as needed.
Fee Proposal and Billing Arrangements
Fee Proposal
The consultant’s fixed fee proposal for Assignments 1 as outlined above is $8,000 and
for Assignment 2 as outlined above is $11,000. The Consultant will attend meetings
and make presentations as needed. Meeting attendance and presentations are
included in the fixed fee. It is understood that the fees will be a part of the cost of
issuance funds from the bond issues.
Time Table
We can complete the assignments in an expedited fashion to meet your needs in the
two bond issues.
www.ree-i.com
rweyer@ree-i.com
(239) 269-1341
Page 12
Real Estate Econometrics, Inc. Billing Procedures
We begin each engagement with your signed authorization to proceed. Fees for
services and expenses will be paid from the cost of issuances in the bonds proceeds.
Authorization to Proceed
To authorize us to proceed as outlined above, please sign below and return an
executed copy of this agreement. Should you have any questions concerning this
proposal, please feel free to give us a call.
To authorize us to proceed, please sign below, keep a copy for your files and return a
copy for our files.
Authority to Execute
Each of the parties hereto covenant to the other that it has the lawful authority to enter
into this relationship, that the governing or managing body of each party has approved
this relationship and has similarly authorized the execution of this Agreement.
In witness whereof, the parties hereto have executed this Agreement, in
duplicate, this
day of
, 2016.
Ave Maria Stewardship Community District
Signature ________________________________________
Chairman
Printed Name _____________________________________
Invoice to: Ave Maria Stewardship Community District
c/o Mr. Todd Wodraska
The Oaks Center
2501A Burns Road
Phone: (877) 737-4922
Fax:
(561) 630-4923
www.ree-i.com
rweyer@ree-i.com
(239) 269-1341
Page 13
SUPPLEMENT TO INVESTMENT BANKING AGREEMENT
DATED NOVEMBER 4, 2014 REGARDING BOND ISSUANCES BY
September 9, 2016
Ave Maria Stewardship Community District
Dear Supervisors:
MBS Capital Markets, LLC (“Underwriter”) and the Board of Supervisors of the Ave Maria Stewardship
Community District (“District”) entered into an Investment Banking Agreement effective November 4,
2014 (“Agreement”) wherein the District engaged the Underwriter to provide investment banking
services for the District. The purpose of this letter is to supplement the Agreement by specifying the
particular planned transaction currently being contemplated by the District for which such investment
banking services are to be provided by the Underwriter.
The District is considering the issuance of approximately $10 million in Bond Anticipation Notes (the
“Notes”) in order to fund certain public infrastructure improvements to Anthem Parkway. It is the
District’s intent to engage the Underwriter to provide investment banking services for the issuance of the
Notes.
1.
Scope of Services: The scope of services to be provided in a non-fiduciary capacity by the
Underwriter for this transaction will include those listed below.

Advice regarding the structure, timing, terms, and other similar matters
concerning the particular of municipal securities described above.
Preparation of rating strategies and presentations related to the issue being
underwritten.
Preparations for and assistance with investor “road shows,” if any, and investor
discussions related to the issue being underwritten.
Advice regarding retail order periods and institutional marketing if the District
decides to engage in a negotiated sale.
Assistance in the preparation of the Preliminary Official Statement, if any, and the
Final Official Statement.
4890 WEST KENNEDY BLVD. SUITE 940
TAMPA, FLORIDA 33609
PHONE: 813.281.2700
152 LINCOLN AVENUE
WINTER PARK, FLORIDA 32789
PHONE: 407.622.0130
8583 STRAWBERRY LANE
LONGMONT, COLORADO 80503
PHONE: 303.652.0205
1005 BRADFORD WAY
KINGSTON, TENNESSEE 37763
PHONE: 865.717.0303
Page 14

Assistance with the closing of the issue, including negotiation and discussion with
respect to all documents, certificates, and opinions needed for the closing.
Coordination with respect to obtaining CUSIP numbers and the registration with
the Depository Trust Company.
Preparation of post-sale reports for the issue, if any.
Structuring of refunding escrow cash flow requirements, but not the
recommendation of and brokerage of particular municipal escrow investments.
All other terms of the Agreement shall remain in effect, including specifically the Disclosures
Concerning the Underwriter’s Role Required by MSRB Rule G-17 which is again being provided in
Exhibit A hereto. By execution of this supplement to the Agreement you are acknowledging receipt of
the same.
This supplement to the Agreement shall be effective upon your acceptance and shall remain in effect
until such time as the financing described herein has been completed or the Agreement is terminated as
provided in Section 3 of the Agreement.
[Signature Page to Follow]
Tampa, FL Winter Park, FL Longmont, CO Kingston, TN
Page 15
Page 16
EXHIBIT A
Disclosures Concerning the Underwriter’s Role
(i)
Municipal Securities Rulemaking Board Rule G-17 requires an underwriter to deal fairly at all
times with both municipal issuers and investors;
(ii)
The Underwriter’s primary role is to purchase securities with a view to distribution in an arm’slength commercial transaction with the District and it has financial and other interests that differ from
those of the District;
(iii)
Unlike a municipal advisor, the Underwriter does not have a fiduciary duty to the District under
the federal securities laws and is, therefore, not required by federal law to act in the best interests of the
District without regard to its own financial or other interests;
(iv)
The Underwriter has a duty to purchase securities from the District at a fair and reasonable price,
but must balance that duty with its duty to sell municipal securities to investors at prices that are fair and
reasonable; and
(v)
The Underwriter will review the official statement for the District’s securities in accordance
with, and as part of, its responsibilities to investors under the federal securities laws, as applied to the
facts and circumstances of the transaction.
Disclosure Concerning the Underwriter’s Compensation
Underwriter’s compensation that is contingent on the closing of a transaction or the size of a transaction
presents a conflict of interest, because it may cause the Underwriter to recommend a transaction that it is
unnecessary or to recommend that the size of the transaction be larger than is necessary.
Conflicts of Interest
Payments to or from Third Parties. There are no undisclosed payments, values, or credits to be
received by the Underwriter in connection with its underwriting of this new issue from parties other than
the District, and there are no undisclosed payments to be made by the Underwriter in connection with
this new issue to parties other than
the District (in either case including payments, values, or credits that relate directly or indirectly to
collateral transactions integrally related to the issue being underwritten). In addition, there are no thirdparty arrangements for the marketing of the District’s securities.
Profit-Sharing with Investors. There are no arrangements between the Underwriter and an investor
purchasing new issue securities from the Underwriter (including purchases that are contingent upon the
delivery by the District to the Underwriter of the securities) according to which profits realized from the
Page 17
resale by such investor of the securities are directly or indirectly split or otherwise shared with the
Underwriter.
Credit Default Swaps. There will be no issuance or purchase by the Underwriter of credit default
swaps for which the reference is the District for which the Underwriter is serving as underwriter, or an
obligation of that District.
Retail Order Periods. For new issues in which there is a retail order period, the Underwriter will honor
such agreement to provide the retail order period. No allocation of securities in a manner that is
inconsistent with a District’s requirements will be made without the District’s consent. In addition,
when the Underwriter has agreed to underwrite a transaction with a retail order period, it will take
reasonable measures to ensure that retail clients are bona fide.
Dealer Payments to District Personnel. Reimbursements, if any, made to personnel of the District will
be made in compliance with MSRB Rule G-20, on gifts, gratuities, and non-cash compensation, and
Rule G-17, in connection with certain payments made to, and expenses reimbursed for, District
personnel during the municipal bond issuance process.
Page 18
August 31, 2016
Todd Wodraska
The Oaks Center
2501A Burns Road
Re:
Ave Maria Stewardship Community District (AMSCD)
2016 Bonds and Bond Anticipation Notes Engineer’s Reports
ABB PN 05-0113
Dear Mr. Wodraska:
At your request, Agnoli, Barber & Brundage, Inc. is pleased to submit this proposal to render
professional services for developing Engineer’s Reports for the 2016 Bonds and Bond
Anticipation Notes.
Agnoli, Barber & Brundage, Inc. proposes to provide AMSCD the following professional
services.
1. Develop an Engineer’s Report as required by Florida House Bill HB-1625 for the
Maple Ridge Phase 4, Maple Ridge Reserve Phase 2, and Coquina at Maple Ridge,
Phases 2 and 3, collectively referred to as the Maple Ridge Development 2016 Bonds
project.
2. Develop an Engineer’s Report as required by Florida House Bill HB-1625 relating to
the proposed Ave Maria Stewardship Community District 2016 Bond Anticipation
Notes for the financing of the construction of master roadway, irrigation,
stormwater/drainage, and landscaping improvements expected to be constructed
and/or acquired within the boundaries of the AMSCD.
The fees for developing these two reports will be based on the actual time and materials
expended and will not exceed $50,000.
C:\Users\TLascasas\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\P4OF2AZH\AMSCD 2016 Bonds-BANs
Engineers Reports Proposal.doc
Page 19
Sincerely,
AGNOLI, BARBER & BRUNDAGE, INC.
Daniel W. Brundage, P.E.
President
encl.
C:\Users\TLascasas\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\P4OF2AZH\AMSCD 2016 Bonds-BANs
Engineers Reports Proposal.doc
Page 20
From: Raymond Lazowski [mailto:rlazowski@johnrwood.com] Sent: Friday, August 12, 2016 3:41 PM To: Todd Wodraska <TWodraska@sdsinc.org> Subject: RE: follow up from Raymond ‐ signage ‐ formal request Dear Todd, Please consider this my formal request to place a sign on stewardship property. I am looking to place a sign that is roughly 36" * 60", single sided. The sign will advertise my real estate business. I would like to place it on the North corner of Ave Maria Blvd and Avila Road, adjacent to the existing publix and CC homes signs. Alternatively, I would like to place it on the South Corner of Ave Maria Blvd and Avila Road, adjacent to the Pulte sign. In my last email, I provided you pictures of each of these signs. Thank you very much. I look forward to this process. Please let me know what the next step will be. Sincerely, Raymond Lazowski Page 21