Reunion West Community Development District

Agenda January 10, 2019

Reunion West
Community Development District
135 W. Central Blvd., Suite 320, Orlando FL, 32801
Phone: 407-841-5524- Fax: 407-839-1526

January 3, 2019

Board of Supervisors Reunion West Community Development District

Dear Board Members:

The special meeting of the Board of Supervisors of the Reunion West Community Development District will be held Thursday, January 10, 2019 at 12:30 p.m. at the Heritage Crossing Community Center, 7715 Heritage Crossing Way, Reunion, FL. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Approval of the Minutes of the December 13, 2018 Meeting
Financing Matters
Consideration of Second Supplemental Engineer's Report
Consideration of Master Assessment Methodology Report
Consideration of Resolution 2019-03 Declaring Special Assessments
Consideration of Resolution 2019-04 Setting a Public Hearing for Assessments
Staff Reports
Attorney
Engineer
District Manager's Report
Action Items List
Approval of Check Registers
Balance Sheet and Income Statement
Status of Direct Bill Assessments
Other Business
Supervisor's Requests
Next Meeting Date
Adjournment

The second order of business is the Public Comment Period where the public has an opportunity to be heard on propositions coming before the Board as reflected on the agenda, and any other items.

The third order of business is the approval of the minutes of the December 13, 2018 meeting. The minutes are enclosed for your review.

The fourth order of business is the Financing Matters. Section A is the consideration of the Second Supplemental Engineer's Report and Section B is the consideration of the Master

Assessment Methodology Report. Both reports are enclosed for your review. Section C is the consideration of Resolution 2019-03 declaring special assessments and Section D is the consideration of Resolution 2019-04 setting a public hearing for special assessments. Both resolutions are enclosed for your review.

The fifth order of business is Staff Reports. Section 1 of the District Manager's Report is the presentation and discussion of the action items list. A copy of the list is enclosed for your review. Section 2 includes the check registers for approval and Section 3 includes the balance sheet and income statement for review. Section 4 is the discussion of the status of the direct bill assessment collections. A table with the direct bill information is enclosed for your review.

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

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Sincerely,

George S. Flint District Manager

Jan Carpenter, District Counsel Steve Boyd, District Engineer

Enclosures

MINUTES

MINUTES OF MEETING REUNION WEST
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Reunion West Community Development District was held Thursday, December 13, 2018 at 12:30 p.m. at the Heritage Crossing Community Center, 7715 Heritage Crossing Way, Reunion, Florida.
Present and constituting a quorum were:

John Chiste Mark Greenstein Carlton Grant David Burman Deborah Musser
Also present were:
George Flint Andrew d'Adesky Steve Boyd
Alan Scheerer John Cruz

FIRST ORDER OF BUSINESS

Chairman by phone
Vice Chairman by phone Assistant Secretary Assistant Secretary Assistant Secretary

District Manager District Counsel District Engineer Operations Manager CWS Security

Roll Call

Mr. Flint called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Public Comment Period
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the November 8,
2018 Board of Supervisors Meeting and Acceptance of the Minutes of the November 8, 2018 Landowners' Meeting

On MOTION by Ms. Musser seconded by Mr. Chiste with all in favor the minutes of the November 8, 2018 Board of Supervisors meeting were approved as presented and the November 8, 2018 Landowners' Meeting minutes were accepted.

December 13, 2018	Reunion West CDD

FOURTH ORDER OF BUSINESS	Financing Matters
Consideration of Supplemental Engineer's Report
Consideration of Master Assessment Methodology Report
Consideration of Resolution 2019-03 Declaring Special Assessments
Consideration of Resolution 2019-04 Setting a Public Hearing for Assessments
Mr. Flint: This item is premature at this point because we are in the process of expanding the boundaries of the District. The public hearing in front of the County Commission to consider the boundary amendment is early January.
Mr. d'Adesky: The schedule is January 7th for the DOC consideration, it usually takes a day for it to be effective and the effective date is when it is transmitted to the state so it is usually effective a day later. It is very clear in the statutes we do not have authority to declare assessments prior to expanding the boundaries so we will have to wait for that process. We are also waiting on the Engineer's Report, which is the first step then George will draft the methodology before we prepare for that next month. That is for the portion that is currently outside the District as well as a small portion that is within the District.
Mr. Flint: We will defer the items listed under item four to the January meeting. The commission meeting is on the 7th and the Board Meeting is on the 10th and our hope would be that we would have an Engineer's Report in advance to be able to prepare a methodology and have those both on the January 10th agenda.

FIFTH ORDER OF BUSINESS
Attorney

Staff Reports

There being none, the next item followed.

Engineer
There being none, the next item followed.

Manager
Action Items List
Mr. Flint: The only item on the action items list is the neighborhood monuments.
Mr. Scheerer: I met with Mr. Greenstein and Graham of the UCC Group met and they sent us a mockup of the new signs. I circulated that to Mr. Greenstein and we sent the drawings

2

December 13, 2018	Reunion West CDD

back for revision, there were some font differences and they are redoing those and will send us a proof back as soon as possible. They also received 75% of the brick, the block they have orders in for precast rebar and they are working on shop drawings to be submitted to the County for approval. I think they plan to come out and pour the footers and then prefab all the monuments and bring them out and install them that way. They also have to finish up their locates.

Approval of Check Register
Mr. Flint presented the November check register in the amount of $198,209.91.
On MOTION by Ms. Musser seconded by Mr. Chiste with all in favor the November check register was approved.

Balance Sheet and Income Statement
A copy ofthe balance sheet and income statement were included in the agenda package.

Status of Direct Bill Assessments
A copy ofthe status of direct bill assessments was included in the agenda package.

Presentation of Arbitrage Rebate Calculation Report
Mr. Flint: This is a requirement of the District that at least every five years we have an arbitrage rebate calculation done to make sure that the District is not earning more interest than it is paying on its bonds. We do it annually and the cost of doing it annually versus waiting and doing it every five years is about the same. The Board approved an agreement with Grau & Associates to do this and you can see we have a negative rebate requirement of $3,446,215, which indicates there is no arbitrage issue.

On MOTION by Mr. Greenstein seconded by Mr. Chiste with all in favor the Arbitrage Rebate Calculation Report was accepted.

SIXTH ORDER OF BUSINESS	Other Business
Mr. Greenstein: I want to ask Alan am I correct in saying that the CDD is not involved in any of the streetlighting issues around the new Nicklaus Clubhouse.
Mr. Scheerer: Not to my knowledge. It is not part of our lease.

3

December 13, 2018	Reunion West CDD

Mr. Greenstein: The property should be Resort property where the streetlights need to be placed. Supposedly Duke Energy has been commissioned to work on it but I wanted to make sure the CDD was not involved in that endeavor.
Mr. Grant: I can confirm Daniel Baker is working with Kevin Baker to complete that. We are also waiting to get the trailer removed and the temporary structure is going to get relocated as well.
Mr. Chiste: As everything moves away from the clubhouse area into the streets and so
forth, that is our responsibility relative to the developer.
Mr. Flint: Do you want to give a report on the speed limit signs?
Mr. Scheerer: I was going to do it under East. As you know the Board approved putting up five Safe Pace 100 speed limit signs throughout the community, three on the East side two on Grand Traverse Parkway. We created a map that shows the locations of the speed limit signs and what we are calling them and behind it you will see that they are ordered the same way so the first phase is 1121 Grand Traverse Parkway, and for each location I provided you with an average speed for 11/20 through 12/9 as well as an average vehicle count. You will see the average speed for the first one on 1121 Grand Traverse appears to be about 24 mph, the average vehicle count 5,408; the Grand Traverse at Twin Eagles the average speed is about 21 mph.
Mr. Flint: Just a note on those tables that show the average speeds, the 85% column is incorrect on there and we had the software updated but when you look at the 85% you need to disregard that column right now because it is not calculating properly.
Mr. Scheerer: The I-4 and Tradition had 31,051 vehicles go by that sign with an average speed of about 32 mph. The average speed for the Spine Road and Tradition was around 19 mph but there were 44,841 vehicles go by that sign during that timeframe. Excitement Drive 21 mph with an average of 4,922 vehicles. I have been reading the signs every Monday morning and there was also the light that is at Spine and Tradition the speed limit sign had a glitch after we installed it we updated all the information a few days later, something went whacky and it was constantly in demo mode or flashing random numbers that is why some of those numbers may be off on that particular location.
Mr. Flint: As a result ofthis we are recommending relocating one of the signs.
Mr. Scheerer: The Excitement Drive sign at this time we are going to move to a different location, it doesn't seem to be an issue with speeding in that location. We will try to find a longer stretch of road on Excitement. It is set up for 25 mph and the digits flash at 26 mph and

4

December 13, 2018	Reunion West CDD

then there is a circular strobe in the middle of that at 27 mph and that is the way it is set up. If all three are going crazy then someone is doing well over 27 mph.
Mr. Greenstein: We plan to have the posted speed limit of 25 mph to be below each of those radar signs, correct?
Mr. Scheerer: That is in place.
Mr. Greenstein: Did you have anyone going 40, 50, 60 mph?
Mr. Scheerer: The report will give the highest speed registered over that particular period oftime. The 1-4 and Traditions speed it looks like the average high speed was around 35 mph.
Mr. Flint: We will email all the Board members these reports. Keep in mind it is a work in progress.

SEVENTH ORDER OF BUSINESS	Supervisors Requests
There being none, the next item followed.

EIGHTH ORDER OF BUSINESS	Next Meeting Date
Mr. Flint: The next Board Meeting is January 10, 2019.

On MOTION by Mr. Greenstein seconded by Mr. Chiste with all in favor the meeting adjourned at 12:48 p.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

5

SECTION IV

SECTION A

Second Supplemental Engineer's Cost Report Amended December 31, 2018
for

Reunion West Community Development District Osceola County, Florida
Dated: December 31,2018

This Second Supplement supplements the Engineer's Cost Report originally dated February 27, 2002 and last revised on June 13, 2017.
Prepared by:
Boyd Civil Engineering, Inc. Reunion West CDD Engineer 6824 Hanging Moss Rd.
Orlando, FL 32807

INTRODUCTION
Second Supplemental Engineer's Report
The Reunion West Community Development District ("Reunion West CDD") Engineer's Cost Report dated February 27, 2002 was adopted by the Reunion West CDD and has been revised multiple times to accommodate development and financing updates for the public infrastructure project components ofthe Reunion West CDD, as follows: February 27, 2002, March 15, 2002, June 5, 2003, June 23, 2003, August 12, 2004, April 9, 2009, November 14, 2013, December 12,
2013, October 29, 2014,February 11, 2016, and the First Supplemental Engineer's Cost Report Dated June 8, 2017. (collectively, and as modified, the "Engineer's Report"). Prior Reports describe infrastructure and costs associated with the original bond issues and Assessments Areas One, Two, Three and Four. This Second Supplements Engineer's Report describes infrastructure and costs associated with Assessment Area Five.
Assessment Areas included in Prior Reports:
As background to this report, the Reunion West CDD issued its 2003 Bond Anticipation Notes and its 2004 Bonds to fund the master infrastructure projects required by the Reunion West CDD and discussed in previous versions of this engineering report. In 2012, the Reunion West CDD, as a result ofdefaults and the subsequent foreclosure ofproperties securing a portion ofits 2004 Bonds, determined that it was in its best interests to trifurcate the 2004 Bonds and exchange such bonds for three separate series ofbonds, each secured by assessments imposed on different properties within the Reunion West CDD. In 2012, the District split the 2004 Bonds into 3 Bond Series, one of which was redeemed. The 2004-1 Series of Bonds are secured by performing platted properties known as "Assessment Area One". The 2004-1 Project was deemed complete in Resolution 2015-02 but for certain future reclaimed water systems--aea connections. :aot )'@t aeEJ:HiFee. The 2004-2 Bonds were in default and secured by unplatted lands. The property securing the 2004-2 bonds was split by Resolution 2015-02 into Assessment Area Two - Phase One and the remaining portion ofAssessment Area Two.
Infrastructure Construction and platting ofAssessment Areas One, Two, Three and Four have been completed. Refer to prior reports for additional information regarding these previously completed assessment areas.
ASSEMENT AREA FIVE
Based on the current development plans of the Developer, the Reunion West CDD finds it necessary to construct and finance a portion of the public infrastructure necessary for the development within the lands covered by area collectively referred to as Assessment Area Four:
Reunion West Phase 4 - 50.7 Acres ofundeveloped land planned for 153 single family lots.  This includes   acres of the Existing K-hill Tract and   acres of area currently included in a Petition to Expand ofthe Reunion West CDD. The Expansion area includeds ofthe 153 Total Lots in this development area. Not Yet Platted.
Reunion West 17th & 18th Fairways Phase 2 (Bears Den Club 17-Hole) - 6.6 acres un undeveloped land within the Bears Den project. Platted for 21 single family lots . Recorded Osceola County Plat Book 27 Page 13.
Reunion West 17th & 18th Fairways Phase 3 (Bears Den Club-Driving Range)- 9.9 acres ofdevelopment land within the Bears Den Project. Planned for 54 Townhome lots. Not yet Platted.

Assessment Area Five is undergoing a density change; for ease of reference, the land use summary for all property within the Reunion West CDD from the Engineer's report is reproduced, as amended, in Table 1 below.

The reader ofthis Second Supplement Report is advised to review the complete Engineer's Report of a full history of the Reunion West CDD's infrastructure projects and modifications thereto, as well as related historical information concerning the financing of these infrastructure projects.

The Reunion West CDD will adopt a revised methodology report to reflect the changes in the development plan, densities and assessments for the affected properties.

Description of Reunion West CDD and its Land Uses

The Reunion West CDD consists of approximately 930 acres with	additional acres
being added though a pending petition to expand. The land use summary within the Reunion West CDD boundaries is reproduced, as amended, from the Engineer's Report in Table 1 below. The platted (or to be platted) areas of Assessment Area Four are reflected as a portion of the Parcels listed as "Phase 2 Parcel 12 and the K-Hills Tract Combined" and "Phase 3, Parcels 2, 6, 6A and 6B Combined" in Table 1 below (highlighted for reference only). Portions of Assessment Area Two and Assessment Area Three are also included as a part of the highlighted parcels.
TABLE 1
LAND USE SUMMARY WITHIN THE REUNION WEST CDD BOUNDARIES

Area*

Resort Single Family

52 SF. Detached DU

****

Hill Exoansion Area

Updated Based on Proposed Revisions to the Approved Development Program Updated January 22, 2016, ,revised June 8, 2017 and December 31, 2018

Parcel	Assessment	Land Use	Units	Acreage	
Phase 3 Parcel 3	1	Resort S.F.	175 D.U.	45.5	
Phase 3 Parcel 4	1	GolfMaintenance / B.O.H.	20,000 GSF.	5.3	
Phase 3 Parcel 5	1	Resort S.F.	127 D.U.	29.1	
Phase 3 Parcel 7	1	Resort S.F.	72 D.U.	31.3	
Phase 3 Parcel 8	I	Resort S.F.	236 D.U.	39.3	
Phase 3 Parcel 9	1	Resort S.F.	89 D.U.	29.4	
Phase 3 Parcels I & I 0	NEEDS TO BE				
Combined	CONFIRMED
2, 3 and 4	Resort M.F.	338 D.U.	9.0
203.7 Add	
OriEtinal K-Hill Tract Phase 2 Parcel 12	3 and 4	Resort S.F.	416 SF Detached DU	Exo Arca 201 SF Detached DU	
Phase 3 Parcel 6A	4	Resort S.F.		
Phase 3 Parcel 2	5	Resort S.F.	54 SF. Attached DU	9.9	
Phase 3 Parcel 6B	5	Resort S.F.	21 S.F. Detached DU	6.6	
Replatting a Portion of
K-Hill Tract and K

TOTALS	5	Resort S.F.

Golf Course
Uoland Preservation Wetland Conservation CDD Stormwater Ponds CDD Collector Road Right- of-Wav
Other Areas
Acrea1?:e
Resort SF Detached / SF Attached
Resort MF	153 S.F. Detached	50.7

158.8
42.76
1 84.16
50
32.9
13.45	

ASSESSMENT AREA FIVE PROJECT
The Reunion West CDD's master infrastructure has been and will continue to be constructed in phases as the remaining undeveloped land in the Reunion West CDD is developed. The categories of master infrastructure presented in the Engineer's Report have not changed. This Supplemental Report provides specific cost and related information to describe the Assessment Area Five Project. Budget estimates for the costs of on-site parcel infrastructure for Assessment Area Five parcels are shown below in Table 2.

Assessment Area Five includes

Reunion West Phase 4 - 50.7 Acres of undeveloped land planned for 1 53 single family lots.  This includes __ acres ofthe Existing K-hill Tract and__acres of area currently included in a Petition to Expand ofthe Reunion West CDD. The Expansion area includeds __ of the 1 53 Total Lots in this development area. Not Yet Platted.

Reunion West 17th & 18th Fairways Phase 2 (Bears Den Club 17-Hole) - 6.6 acres un undeveloped land within the Bears Den proj ect. Platted for 21 single family lots
. Recorded Osceola County Plat Book 27 Page 13. 

Reunion West 1 7th & 1 8th Fairways Phase 3 (Bears Den Club - Driving Range) -
9.9 acres of undeveloped land within the Bears Den Project.	Planned for 54 Townhome lots. Not yet Platted.

The Assessment Area Five Project described in this Supplemental Report is intended to provide special benefit to the assessable real property within the boundaries of Assessment Area Five within the District in accordance with Florida law. The District may construct, acquire, own and operate all or any portion of the proposed Assessment Area Five Project improvements as allowed under Florida law. The District may dedicate certain public improvements to other governmental entities as required or permitted by law or approvals for the development. The Developer intends to construct the Assessment Area Five Project in phases and to convey them as completed to the District in exchange for payment in the lesser amount of actual cost orreasonable cost as set forth in the Agreement by and between the District and the Developer Regarding an Acquisition of Certain Work Product and Infrastructure (the "Acquisition Agreement") to be entered into in conjunction with closing on the Series 2019 Bonds. The District will pay for only those portions ofthe Assessment Area Four Project for which proceeds from the Series 2019 Bonds are available. The Developer is obligated to complete at its own cost the Assessment Area Four Project under a Completion Agreement between the District and the Developer Regarding the Completion and Conveyance of Certain hnprovements (the "Completion Agreement") to be entered into in conjunction with closing on the Series 2019 Bonds.

TABLE 2
SUMMARY OF ASSESSMENT AREA FIVE INFRASTRUCTURE CATEGORIES AND PROJECTED COSTS

Cost Category	17th and 18th Fairways - Phase
2	17th and 18th Fairways - Phase 3	Reunion West Phase 4	
Totals	
	21 Single Family Lots	54 Townhome Lots	153 Single	
Total 228 Units	
			Family Lots		
Mass Gra1ding1 & Stormwater Facilities for CDD Projects	
$ 477,631.00	
$ 1,053,937.00			
			$ 1,848,905.00	$ 3,380,473.00	
Public Roadways 1	$ 153,023.00	$ 595,950.00	$ 989,039.00	$ 1,738,012.00	
Potable Water,1 Wastewater & Effluent Reuse	
$ 219,111.00	
$ 309,279.00	
$ 1,381,641.00	
$ 1,910,031.00	
Electrica5l , Communication & Lighting	
$ 35,200.00	
$ 50,000.00	
$ 82,000.00	
$ 167,200.00	
Landscape2, Hardscape & Irrigation	
$ 60,000.00	
$ 90,248.00	
$ 366,048.00	
$ 516,296.00	
Parks, Recreation and Entrance Secu rity Gatehouse4	
$ 15,000.00	
$ 25,000.00	
$ 0.00	
$ 40,000.00	
Professional Design2  , County, Legal & Bond Fees	
$ 57,597.90	
$ 127,464.84	
$ 280,057.98	
$ 465, 120.72	

TOTALS	
$ 1,017,562.90	
$ 2,251,878.84	
$ 4,947,690.98	
$ 8,217,132.72	

1. Mass grading will only occur within the public right-of-ways and COD stormwater ponds; mass grading of lots, or other private areas, is n ot included.

Permits for construction were and continue to be required prior to the start ofmaster infrastructure construction. The District Engineer hereby certifies that all permits necessary to complete the Assessment Area Five Project have either already been obtained, or will be obtained, following a customary and normal permitting process.

Ill.	OPERATION AND MAINTENANCE RESPONSIBILITY
The  ownership,	operation and/or maintenance responsibilities of the proposed infrastructure improvements will be as identified in the Engineer's Report or as identified below:

Stormwater	CDD	
Public Roadways	CDD	
Potable Water, Wastewater, & Effluent Reuse	TOHO WATER AUTHORITY	
Electrical, Commercial, & Lighting	DUKE ENERGY (ELECTRIC AND LIGHTING)	
Landscape, Hardscape, & Irrigation	CDD	
Parks Recreation and Entrance Security Gatehouse	CDD	

ON-SITE DISTRICT IMPROVEMENTS	RESPONSIBLE ENTITY

SUMMARY AND CONCLUSIONS
The Assessment Area Five Project described in this Supplemental Report is necessary for the development ofAssessment Area Four, and such infrastructure is locatedwithin the boundary of the District. The planning and design of the public infrastructure improvements is in accordance with current governmental regulatory requirements. The Assessment Area Five Project will provide the intended functions so long as the construction is in substantial compliance with the design and permits and the facilities are property maintained.

The costs of constructing and/or acquiring the Assessment Area Five Project described in this report are based on current plans or estimated quantities for the Assessment Area Four Project infrastructure as shown on the approved plans, drawings, specifications and development requirements, latest revision. To the best of our professional opinion; knowledge and belief, the costs of the Assessment Area Five Project provided herein are reasonable to complete the construction of the Assessment Area Five Project described herein.

All infrastructure costs of the Assessment Area Five Project are public improvements or community facilities as set forth in Section 190.012(1) and (2) ofthe Florida Statutes.

The benefits to the assessable parcels within Assessment Area Five to be derived from the Assessment Area Four Project will be not less than the costs of such Improvements comprising the Assessment Area Four Project.

The opinion ofthe probable construction cost is only an estimate and not a guaranteed maximum price. The estimated cost of the Assessment Area Five Project is based on historical unit prices or current prices being experienced for on-going and similar types of work in the region. The labor market, future costs of equipment and materials, and the actual construction process are all beyond our control. Due to this inherent opportunity for fluctuation in cost, the total final cost of the Series 2019 Project may be more or less than this estimate.

Steve Boyd, P.E.	Dated: December 31, 23018 Boyd Civil Engineering, Inc.
Reunion West COD District Engineer
State ofFlorida Registration No. _	_

Composite Exhibit A Graphical Depiction of Assessment Area Five
Reunion West Phase 4 - 50.7 Acres of undeveloped land planned for 153 single

family lots. This includes

acres of the Existing K-hill Tract and

acres

of area currently included in a Petition to Expand of the Reunion West COD. The

Expansion area includeds Yet Platted.

of the 153 Total Lots in this development area. Not

Reunion West 17th & 1 8th Fairways Phase 2 (Bears Den Club 17-Hole) - 6.6 acres un undeveloped land within the Bears Den project. Platted for 21 single family lots
. Recorded Osceola County Plat Book 27 Page 13. 

Reunion West 17th & 1 8th Fairways Phase 3 (Bears Den Club - Driving Range) -
9.9 acres of undeveloped land within the Bears Den Proj ect.	Planned for 54 Townhome lots. Not yet Platted.

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SECTION 8

MASTER ASSESSMENT METHODOLOGY FOR ASSESSMENT AREA FIVE

COMMUNITY ;I?EVELOPMENT DISTRICT

Date: January 10, 2019

,,

Prepared by

Governmental Management Services - Central Florida, LLC 135 W, Central Blvd, Suite 320

--------	 	

Orlando, FL 32801

Table qf <;:ont�nts
1 .0 I ntroduction	3
1 Purpose	3
1 .2 Background	3
1 .3 Special Benefits and General Benefits	4
1 .4 Requirements of a Valid Assessment Methodology	5
1 .5 Special Benefits Exceed the Costs Allocated	5
2.0 Assessment Methodology	5
1 Overview	5
2.2 Allocation of Debt ... ................ ....... ..... . .. .............. .......;	6
2.3 Allocation of Benefit .. .... ...... ....... ............... ...... ,,	6
" Lienability Test: Special and Peculiar Benefit to the Pro�	7
Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments	7
3. 0 True-Up Mechanism ........................ ........� 	8
4.0 Assessment Roll	8
Table 1: Development Program	10 
Table 2: Infrastructure Cost E timates	11 
Table 3: Bond Siz· · · ........ ......... ....... .............. ..... ........ ................... ........ ....... 1·2
Table 4: Allocatron of Improvement Costs	13 
Table 5: Allocatiori of Total Par Debt to Each Product Type	14 
Table 6: Par Debt an Annual Assessments	15 
Table 7: Preliminary Assessment Roll	16 

Introduction

The Reunion West Community Development District is a local unit of special-purpose government organized  and  existing  under  Chapter  190,  Florida  Statutes  (the  "District"),  as amended. The District anticipates the issuance of, not to exceed, $11,000,000 of special
assessment bonds ("Series 2019 Bonds"). The Series 2019 Bonds are anticipated to fund certain infrastructure improvements that benefit 17th and 18th Fairways Phase 2, 17th and 18th Phase 3,
Reunion West Phase 4 collectively referred to as Assessment Area Five. The infrastructure to be financed is identified in the Engineer's Cost Report, amended 'December 31, 2018, for Community wide Capital Improvements prepared by Boyd Civil Engineering, Inc., (the "Engineer's Report").

Purpose

This Master Assessment Methodology For Assessment Area Five (the "Assessment
Report") provides for an assessment methodolo§}'.; fot allocating the debt to be incurred by the District to benefiting properties within Assessn;i.ent Area Five. This Assessment
Report allocates the debt to certain properties Based on the &pedal benefits each receives from the Assessment Area Five Project; as delineated in the Engineer's Report. This Assessment Report will be supplemented with Ql'l.e or more supplemental methodology reports to reflect the actual terms and conditions at the time of the issuance of Series 2019 Bonds. This Assessment Report ts designed m oonform to the requirements of Chapters 190 and 170, Florida Statutes with respect to special assessments and is consistent with our understanding of case law on t,liis subject.

The District intends ;p impose non a valorem special assessments on the benefited lands within Assessment J\rea Five based o this Assessment Report. It is anticipated that all of the proposed spec· l assessments will be collected through the Uniform Method of Collection  1lescribEl'd  in Chapter  197.3632,  Florida  Statutes,  or  any  other  legal means available to the Dismt. rt is not the intent of this Assessment Report to address any other assessments, if applicable, that may be levied by the District, a homeowner's

Background
The District currently includes approximately 930.65 acres in Osceola County, Florida of which Assessment Area Five represents approximately §J.2 acres. The proposed development plan is depicted in Table 1 (the "Development Plan"), as provided to the District by Reunion West Development Partners LLLP (referred to as "Developer"). The Development Plan envisions approximately 228 residential units. It is recognized that the Development Plan may change, and this Assessment Report will be modified accordingly.

The improvements contemplated by the District in the Assessment Area Five Project (as defined below) include master public facilities that benefit certain properties within Assessment Area Five of the District. Specifically, the District will construct

3

and/or acquire certain infrastructure including mass grading (excluding any assessable lands in Assessment Area Five) and stormwater facilities, roadways, potable water and wastewater, electrical undergrounding differential, land'icaping, hardscaping and recreation facilities as detailed in the Engineer's Report. The acquisition and construction costs are summarized in Table 2 (herein, the "Assessment Area Five Project"). 

The assessment methodology is a four-step process.

The District Engineer must first determine the public infrastructure improvements and services that may be provided by the District and the costs to implement the Assessment Area Five Project.
The District Engineer determines the assessable acres that benefit from the District's Assessment Area Five Project.
A calculation is made to determine the funding amounts necessary to acquire and/or construct the Assessm t Area Five Project.
This assessments are initially divided equally among the benefited properties on a prora.te gross acreage basis. As land is platted, this amount will be allocated tt> each of the benefited properties based on the number of platted units a d product type.

Special Benefits and Gener1d Be.nef-its

Howeve{, as discussed within this Assessment Report, these general benefits are incidental - natu:vc and are readily distinguishable from the special and peculiar benefits, which ac;erue to certain property within the District. The implementation of the Assessment Area Five Project enables properties within its boundaries to be developed. Without the District's Assessment Area Five Project, there would be no infrastructure to support development of land within the District. Without these improvements, development of the property within the District would be prohibited by law.

There is no doubt that the general public and property owners outside the District will benefit from the provision of the District's Assessment Area Five Project. However, these benefits will be incidental to the District's Assessment Area Five Project, which is designed solely to meet the needs of property within Assessment Area Five of the District. Properties outside the District boundaries do not depend upon the District's Assessment Area Five Project. The property owners within the

4

Assessment Area Five are therefore receiving special benefits not received by those outside the District's boundaries.

Requirements of a Valid Assessment Methodology

There are two requirements under Florida law for a valid special assessment:

The properties must receive a special benefit from the improvements being paid for.
The assessments must be fairly and reasonably allocated to the properties
being assessed.

Florida law provides for a wide application of special assessments that meet these two characteristics of special assessments.

Special Benefits Exceed the Costs AUO,cated

The special benefits provided to the roperty e,wners within the Assessment Area Five are greater than the costs associatec! with providing these benefits. The District Engineer estimates that the .Assessment �ea Five Project, that is necessary to support full development of property itmp · Assessment Area Five, will cost approximately $8,217,133. The Distr.ict"s Bnderwriter projects that financing costs required to fund the infrastructure improvements, including the Assessment Area Five Project, the cost of issuance o the Bonds, the funding of debt service reserves and capitalized ili\'etest, will be .!Pl"'oximately $11,000,000. Without the Assessment Area Five Project, tne p:wperty within Assessment Area Five would not be able to be developed ana occupied � future residents of the development.

Assessment M�hodology

Overview

The District may issue up to $11,000,000 in Series 2019 Bonds to fund the District's Assessment Area Five Project, provide for capitalized interest, a debt service reserve account and cost of issuance. It is the purpose of this Assessment Report to allocate the $11,000,000 in debt to the properties benefiting from the Assessment Area Five Project.

Table 1 identifies the land uses as indicated by the Developer of the land within Assessment Area Five. The construction costs needed for completion of the Assessment Area Five Project are outlined in Table 2. The improvements needed to support the Development Plan are described in detail in the Engineer's Report and are estimated to cost $8,217,133. Based on the estimated costs, the size of the bond issue needed to generate funds to pay for the Assessment Area Five Project and

5

related costs was determined by the District's Underwriter to total approximately
$11,000,000. Table 3 shows the breakdown of the bond sizing.

Allocation of Debt

Allocation of debt assessments is a continuous process until the Development Plan is completed. The Assessment Area Five Project funded by the Series 2019 Bonds benefits all developable acres within Assessment Area Five.

The initial debt assessments will be levied on the gross acres within Assessment Area Five and then as platting occurs such debt assessments will be assigned to the platted lots. A fair and reasonable methodology allocates the debt assessments incurred by the District proportionately to the properties receivi!ig the special benefits. At this point all of the lands within the Assessment a Five are benefiting from the improvements.

Once platting or the recording of d.eclaration of -eondominium, ("Assigned Properties") has occurred and lots ar� clevelo� ; the assessments will be assigned to the Assigned Properties based on the efits they  receive.  The  Unassigned Properties, defined as propertr that has not been platted, will continue to be assessed on a per acre basis. Eventually ffi �velopment plan will be completed and the debt relating to the Series 2019 Bonds will b(t all-Oc�ed to the planned 228 residential units within the Assessment Area P:ive The planned 228 residential units are the beneficiaries of the �sessment Arsa Five Project, as depicted in Table 5 and Table 6. If  there  are  cha          to  Oeve�t  Plan,  a  true  up  of  the  assessment  will  be calculated to determlo'e if a debt reduction or true-up payment from the Developer is required. Ute prQCess is outlined in Section 3.0

The ass�ent of de t assessments in this Assessment Report sets forth the process by which d is appartioned. As mentioned herein, this Assessment Report will be supplemented from time to time.

Allocation of Benefit

The Assessment Area Five Project consists of mass grading (excluding any assessable lands in Assessment Area Five) and stormwater facilities, roadways, potable water and wastewater, electrical undergrounding differential, landscaping and hardscaping, and recreation facilities as detailed in the Engineer's Report, and professional fees along with related incidental costs. There is one product type within the planned development. The single family home has been set as the base unit and has been assigned one equivalent residential unit ("ERU"). Table 4 shows the allocation of benefit to the particular land use. It is important to note that the benefit derived from the Assessment Area Five Project on the particular units exceeds.the cost that the units will be paying for such benefits.

6

24	Lienability Test: Special and Peculiar Benefit to the Property

Construction and/or acquisition by the District of its proposed Assessment Area Five Project will provide several types of systems, facilities and services for its residents. These include mass grading (excluding any assessable lands in Assessment Area Five) and stormwater facilities, roadways, potable water and wastewater, electrical undergrounding differential, landscaping and hardscaping, and parks and recreational facilities, and professional fees along with related incidental costs. The Assessment Area Five Project improvements accrue in differing amounts and are somewhat dependent on the type of land use receiving the special benefits peculiar to those properties, which flow from the logical relationship of the improvements to the properties.

Onc;e these determinations are made, thc-:y are i:eviewed tn the Hghf of the special benefits  peculiar  to  the  property,  whfo   flow  to  the  properties  as  a  result of  their logh.:al connection from th� im��ments 'n fact actually provided.

For the provision benefits are:

ea :Pive Project, the special and peculiar

These s11e ial and pee iar benefits are real and ascertainable, but are not yet capable of being cal(:ulated ft$ to value with mathematical certainty. However, each is more valuable than eitfuir the cost of, or the actual non-ad valorem special assessment levied for the improvement or the debt as allocated.

2.5	Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments
A reasonable estimate of the proportion of special and peculiar benefits received from the Assessment Area Five Project described in the Engineer's Report is delineated in Table 5 (expressed as Allocation of Par Debt per Product Type).

The determination has been made that the duty to pay the non-ad valorem special assessments is fairly and reasonably apportioned because the special and peculiar benefits to the property derived from the acquisition and/ or construction of the Assessment Area Five Project have been apportioned to the property according to

7

reasonableestimates of the special and peculiar benefits provided consistent with the product type categories.

Accordingly, no acre or parcel of property within Assessment Area Five will have a lien for the payment of any non-ad valorem special assessment more than the determined special benefit peculiar to that property and therefore, the debt aIIocation will not be increased more than the debt allocation set forth in this Assessment Report.

In accordance with the benefit allocation suggested for the product type in Table 4, a total debt per unit and an annual assessment per unit have been calculated for the one product type (Table 6). These amounts represent the preliminary anticipated per unit debt allocation assuming all anticipated units are built and sold as planned, and the entire proposed Assessment Area Five Project is developed or acquired and financed by the District.

3.0	True Up Mechanism

Although the District does not process plats, a.eclaration of condominiums, site plans or revisions thereto for the Developer, it does have an important role to play during the course of platting and sire J:?la.nning. Whenever a plat, declaration of condominium or site plan is processed,, the District must allocate a portion of its debt to the property accordittg to this Assessment Report outlined herein. In addition, the District must also pt.event arly buildup of debt on Unassigned Property. Otherwise, the land could -be fully conveyed , and/or platted without all of the debt being allocated. To preclud this, at ilie time Unassigned Properties become Assigned Propertie� the District will determine the amount of anticipated assessment revenue that remains on the Unassigned Properties, taking into account the proposed plat, or site plan approval. If the total anticipated assessment revenue to be generated from the Assigned and 0nassigned Properties is greater than or equal to the maximum annual debt s JV� then no adjustment is required. In the case that the revenue generated is less then the required amount then a debt reduction or true-up payment by the landowner in the amount necessary to reduce the par amount of the outstanding bonds to a level that will be supported by the new net annual debt service assessments.

Assessment Roll

The District will initially distribute the liens across the platted property within Assessment Area Five of the District boundaries, with remaining liens placed on unplatted property on an equal gross acreage basis. As As,signed Property becomes known with certainty, the District will refine its allocation of debt from a per acre basis to a per unit basis as shown in Table 6. If the Development Plan changes, then

8

the District will update Table 6 to reflect the changes. The current assessment roll is depicted in Table 7.

9

TABLE 1
REUNION WEST COMMUNITY DEVELOPMENT DISTRICT DEVELOPMENT PROGRAM
MASTER ASSESSMENT METHODOLOGY FOR ASSESSMENT AREA FIVE

17th and 18th

"

Fairways	17th and 18th	Reunion West
 Product Type	Phase 2	Fairways - Phase 3,.A	Phase 4

Single Family	21			174	1.00	174	
Townhome	0	54	0	54	0.75	41	

0 .J--1/	�153
 Total Units*	21	54	.._.,r-;	153"  '\,.'-.

Total Units	ERUs per Unit (1)

228

Total ERUs

215

0

...

{1) Benefit is allocated on an ERU basis; based on density of planned devefopm�nt, with Single Family = 1 ERU

* - Unit mix is subject to cha nge based on market and other facters

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 2
REUNION WEST COMMUNITY DEVELOPMENT DISTRICT INFRASTRUCTURE COST ESTIMATES
MASTER ASSESSMENT METHODOLOGY FOR ASSESSMl;NT AREA FIVE

Assessment Area Five Project (lJ

Mass Grading and Storrnwater Facilities Roadways
Potable Water, Wastewater, and Effluent Reuse Electrical Undergrounding Differential
Landscape, Hardscape, and Irrigation
Parks, Recreation, and Entrance Gatehouse

17th and 18th 17th and 18th
Fairways - Phase 3
$1,053,937
$595,950
$309,279
$50,000
$00,248

..

$25,QOO

Reunion West
Phase 4	Cost Estimate
$1,848,905	$3,380,473
$989,039	$1,738,012
$1,381,641	$1,910,031
$82,000	$167,200

so

$366,048	$516,296
$40,000

2,251,879

Professional and Inspection Fees, Other Misc. Fees		\ $12?.465 Totals	$ 1,017,563 i"'-

$280,058	$465,121
$   -. 4,947,691_ $	8_,_21_7,133

..>
..>

(1} A detailed description of these improvements is provided in the Engk,€er's Repo revised December 31, 2018 prepared by Boyd Civil Engineering, Inc.

Prepared by: Governmental Management Services - Central Florida, LLC

N......

TABLE 3
REUNION WEST COMMUNITY DEVELOPMENT DISTRICT BOND SIZING
MASTER ASSESSMENT METHODOLOGY FOR ASSESSMENT AREA FIVE

Total

Description Construction Funds Debt Service Reserve Capitalized Interest Underwriters Discount Cost of Issuance Contingency

J.	�1

Par Amount*	V
Bond Assumptions: Interest Rate Amortization Capitalized Interest Debt Service Reserve Underwriters Discount

8,217,133
799,138
1,320,000
220,000
250,000
193,729

11,000,000

* Par amount is subject to change based on the actual terms at the sale of the"6"0 nds

Prepared by: Governmental Management Services - Central Florida, LLC

ALLOCATION OF IMPROVEMENT COSTS

TRAEUBLNEIO4N WEST COMMUNITY DEVELOPMENT DISTRICT
MASTER ASSESSMENT METHODOLOGY FOR ASSESSMENT AREA FIVE

 	Fac_to!

Total ERUs

% of Total

   Total Improvement	Improvement Costs

0.75

Single Family	174 /   1.00,	174	81.1%
18.9%	$	6,665,646
$	1,551,487	$$	38,308
28,731	
 	Totals	228	� /{	'215	100.00%	$	8,217, 133		

Product Type _

Townhome

N-o-. of Units * 54

ER,U

ERUs

Costs Pe! Produ_c:t Ty�	Per Unit

* Unit mix is subject to change based on marketing and1other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE S	Y

REUNION WEST COMMUNIT DEVELOPMENT DISTRICT ALLOCATION OFTOTAL PAR DEBT TO EACH PRODUCTTYPE
MASTER ASSESSMENT METHODOLOGY FOR ASSESSMENT AREA FIVE

Product Type	No. of Units *	ER.l.f' Factor	ERU Totals

% of ERU

Improvement
Costs by	Allocation of Par
Product	Debt Per Product
Type**	Type	Par Debt Per Unit

Single Family Townhome

174  /   ,�\

l

s4	0.1s •

174
41

81.1%
18.9%

$	6,665,646  $	8,923,077	$51,282
$	1,SSl,487   $	2,076,923	$38,462

Totals

228	'-.'-._./../  // ,m

100%

$    8,217,1�3    $	11,Q_00,000

* Unit mix is subject to change based on marketing and ottler factprs
** Balance of Infrastructure Needed for Project to be Fun8�d by Developer

Prepared by: Governmental Management Services - Central Florida, LLC

TRAEUBLNEIOGN WEST COMMUNITY DEVELOPMENT DISTRICT
PAR DEBT AND ANNUAL ASSESSMENTS FOR EACH PRODUCT TYPE MASTER ASSESSMENT METHODOLOGY FOR ASSESSMENT AREA FIVE

Net Annual Debt

GrosDseAbntnual

.Product Type

No. of Units Y,	JType

Total Par Debt Maximum Annual Assessment Per Unit	Debt Service	Per Unit

Assessment Per Unit (1)

Single Family

174 ��, $J,-. / 8���0,?7	$

51,282	$	648,252	$	3,726

$	3,963

Townhome
Totals

54	' �.	p .ll,076,923	$
174	$	..	11,00,0,000

38,462	$	150,886	$	2,794
$	799,138

$	2,973

�	(1) This amount includes collection fees and early paYfl!_ent.,.dTscciunts when collected on the Osceola County Tax Bill
* Unit mix is subject to change based on market and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TRAEUBLNEIO7N WEST COMMUNllY DEVELOPMENT DISTRICT 'PMRAESLTIMERINAASRSYESASSMSEESNSTMMENET11T R0ODLOLLOGY FOR ASSESSMENT AREA FIVE

Owner

Proeerty Address	Parcel ID

Lot #

TAolltoaclaPtaiornDPeebrt   NeAst AsennssumaleDnet bt GroAssssAensnsmuaelnotebt

Unit	Allocation	Allocation !1)

REEUNIION WEESSTT $SPPEE LLLLC

1177tthh aannd 118thh FFaaiirrwwaavyss -- Phaassee 22

2277-·255--27--449355--000011--0000210	12

SSFF	$s	5511,,2282   $$	33,,7726   $$	33,,963

RREEUUNION WESSTTSSPE LLLLCC

1177tthh aannd 118tthh FFaaiirwrwaayyss •- Phaassee �77-255--2277--449355--0000011--004300 	43

SSFF

$s	5511,.22822   $

33,,n72G6   $S	3,9633

7

REUUNNIIONN WESSTT SSPPE LLLCC

17tthh aannd 118thh FFaaiirrwwaayyss -· f'tialePha�.l .�2.

27.7'•25,.,S.'\>?2J7--49355--0000011--00006SO0 	65

SSFF	s$

5511,,2282   $$

33,,77226

$$	33,,96633

RREEUUNIOONN WEESSTT S$PPE LLLLC

1177tthh aannd 118tthh Faalirrw y

Phassee 22	2277·-2/>•277--449355--00000011--00008700 	8

SSFF	s$	5511,,2282   $

33,,772266   $$

33,,963

REUNION WEST SPE LLC

17th aanndd 118tthh FFaali�-	- Phaassee 22	2�'�2!\1�7-4935--0001-0090 	9

SF	$	5511,,22822   $$

3,726  $	3,963

REUUNIOONN WEESSTT SPEE LLLLCC

1177tthh and 18th Fairways • ��• 2-'  n27--i2s5--2271-,.4�55-�1--00}1.0010

1101

SSFF	$	5S1,,282   $$

3,72266   $$	3,,9963

51,282

RREEUUNIONN WEESSTT SSPPEE ULlCC RREEUUNNIIONN WESSTT SSPPEE LLLLCC

117thth and 118thh FFaaiirwaayys -- Phaassee �2	27-·�2S-27-,4&il-493�5--00000011--G0:t2.!1300 1177thth andd 118tthh FFaaiirrwwaayyss -• PPhhaassee 2    '2'727;•2255-·2277-4-4!l39!lS,-(ij)O5'0001l:-0Q1l'4,I>SO

1123
1145

SSFF SSFF

$$	51,2	$
$	51,282 $$

3,77226
33,,7726

$$	3,963

$	,

$	3,963

REUUNNIIOONN WESTST SPE ULLC

1177th aanndd 118tthh FFaaiirrwwaayyss •- PPhhaasee 22	2277--2255-277--4499335-5-00000011--017600

.,. "".ll,�6

SSFF	$	511,,2822.   $s

33,,7726   $$

33,,963

Ol	REUNION WESSTT SSPEE LLLLC

1177tthh aannd 118thh FFaairrwwaayyss .- PPhhaassee 22

227•2255•-2277-·,,S493535--00000011--001181l90 /•/1'!j_9

SSFF

$	511,,28822   $$

3,772266

$$	3,96633

RREEUUNNIIOON WESSTT SSPEE LLLLCC

117tthh aannd 118tth FFaaiirrwaayss •• PPhhaassee 22

2217-22s5--2271--449335,;,S-00000011--0022l!Q;10  'I. '/·n20

/  SSFF	$

5511,,28822   $	33,,77226   $$	33,,9633

1,076,923 s	78,237  s	83,231

RREEUUNIIONN WESTT SIIPLELCLLC

1R7etuhniaonndW18ethst PFahiarswea4ys - Phase 3	2277--22.55-277--43912670·-0000001A--S0F02300 {�  ,j �41:,.. "'- '-.TSFH  'y>$$    71,,454919,,946648   $	514142,,802228   $$	511799,610742

RREEUUNIOONN WREESSOTRSTPAESLSLECTS LLC	117tthh aannd 1188thth FFaaiirrwaayyss •- Phaassee 3	27--2255--2277•-492277-00000011--WCHCllOO	.....:t3.3457	TTHH

$$'i  &12628,,878631   $S

4194,,553146 .  $$	4207,,738581

 (1} This amount lnclu�s 6% to cover collection feesand early payment discounts when collected utilizing the uniform method.	t

'��.!!7�7   �

72.0,901  $	766,916

Projected Bond Rate (%}

AnnualAssessment Periods Maximum Annual Oebt SeNice
Prepared by: Governmental Management Services• Central Florida, LLC

3

6.00%

$799,138

;�  n,_uoo,000   $

799,138   $	_8_50,147

SECTl·ON C

RESOLUTION 2019-03
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE REUNION WEST COMMUNITY DEVELOPMENT DISTRICT DECLARING SPECIAL ASSESSMENTS ON CERTAIN PROPERTY WITHIN THE DISTRICT KNOWN AS "ASSESSMENT AREA FIVE," CONSISTING OF SUBDIVISIONS KNOWN AS "REUNION WEST PHASE 4," "REUNION WEST 1 7TH AND 18TH FAIRWAYS PHASE 2," AND "REUNION WEST 17TH AND 18TH FAIRWAYS PHASE 3;" INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THOSE IMPROVEMENTS WHOSE COST IS TO BE DEFRAYED BY THE ASSESSMENT AREA FIVE SPECIAL ASSESSMENTS; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE MADE; DESIGNATING LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR AN ASSESSMENT PLAT; ADOPTING A PRELIMINARY ASSESSMENT ROLL; PROVIDING FOR A PUBLIC HEARING TO CONSIDER THE ADVISABILITY AND PROPRIETY OF SAID ASSESSMENTS AND THE RELATED IMPROVEMENTS; PROVIDING FOR NOTICE OF SAID PUBLIC HEARING; PROVIDING FOR PUBLICATION OF THIS RESOLUTION; PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.
WHEREAS, the Reunion West Community Development District (the "District) is a local unit of special-purpose government duly organized and existing undertheprovisions ofthe Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended (the "Act"), established by Ordinance Number 01 -32, of the Board of County Commissioners of Osceola County, Florida, effective as of October 3, 2001, expanded by Ordinance No. 05-27 of the Board of County Commissioners of Osceola County, Florida effective as of July 22, 2005, and further expanded by Ordinance No. 2019-08 of the Board of County Commissioners of Osceola County, Florida effective as of January 7, 2019 (collectively, the "Ordinance"); and
WHEREAS, the District hereby determines to undertake, install, plan, establish, construct or reconstruct, enlarge or extend, equip, acquire, operate, and/or maintain the public infrastructure improvements within lands referred to as "Assessment Area Five," comprised ofsubdivisions known as "Reunion West Phase 4," "Reunion West 17th and 1 8th Fairways Phase 2,"and "Reunion West 1 7th and 18th Fairways Phase 3," (the "Assessment Area Five Project") described in the Second Supplemental Engineer's Cost Report for Reunion West Community Development District, O sceola County, Florida dated January 10, 2019 attached hereto as Exhibit "A" and incorporated by reference ("2019 Engineer's Report"); and
WHEREAS, the District is empowered by Chapter 1 90, Florida Statutes, the Uniform Community Development District Act, and Chapter 170, Florida Statutes, Supplemental
Resolution 2019-03
Reunion West Community Development District

Alternative Method of Making Local and Municipal Improvements, and Chapter 197, Florida Statutes, to undertake the Assessment Area Five Project and to levy the special assessment upon the lands in Assessment Area Five (the "Assessment Area Five Assessments"); and

WHEREAS, the District hereby determines that benefits will accrue to the property improved, the amount of these benefits received as set forth in the Master Assessment Methodology for Assessment Area Five for Reunion West Community Development District, dated January 1 0, 2019, attached hereto as Exhibit "B" and incorporated by reference (the "Assessment Report") and on file at the office of the District Manager at 135 West Central
Boulevard, Suite 320, Orlando, Florida 32801 (the "District Records Office"); and

WHEREAS, the District hereby determines that the assessments to be levied will not exceed the benefits to the property improved.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF REUNION WEST COMMUNITY DEVELOPMENT DISTRICT AS FOLLOWS:
INCORPORATION OF RECITALS AND AUTHORITY. The recitals stated above are true and correct and by this reference are incorporated by reference as a material part of this Resolution. All capitalized terms used herein which are not defined shall have the meanings as provided in the Assessment Report. This Resolution is adopted pursuant to the provisions of Florida Law, including Chapters 170, 190 and 197, Florida Statutes.
ADOPTION OF THE 2019 ENGINEER'S REPORT. The District hereby adopts and approves the 20 19 Engineer's Report, attached as "Exhibit A".
ADOPTION OF THE ASSESSMENT REPORT. The District hereby adopts and approves the Assessment Report, attached as Exhibit "B".
ALLOCATION OF BENEFITS. The Assessment Area Five Assessments were levied to defray the cost of the Assessment Area Five Proj ect attributable to the lands in Assessment Area Five, based upon the allocation of benefits p ursuant to the allocation methodology adopted by the District.

GENERAL NATURE AND LOCATION. The general nature and location of the Assessment Area Five Project is more specifically described in the 2019 Engineer's Report on file at the District Manager's office at 135 West Central Boulevard, Suite 320, Orlando, Florida, 32801. 

ESTIMATED OVERALL COST. The estimated overall cost of the Assessment Area Five Project attributable to Assessment Area Five is estimated in the 2019 Engineer's Report to be approximately $8,217, 132.

AMOUNT DEFRAYED BY ASSESSMENT AREA FIVE ASSESSMENTS. The Assessment Area Five Assessments will defray approximately $11 ,000,000 in total, plus financing related costs, capitalized debt service reserve and other costs more fully described in Resolution 2019-03
Reunion West Community Development District

the Assessment Report.

MANNER OF ASSESSMENT AREA FIVE ASSESSMENTS. The manner in which the Assessment Area Five Assessments shall be made is contained within the Assessment Report.

LANDS  ON  WHICH ASSESSMENT AREA FIVE  ASSESSMENTS LEVIED.	The
Assessment Area Five Assessments shall be levied on all lots and lands within the District which are adjoining to, contiguous with or bounding and abutting upon the applicable portion of the Assessment Area Five Project or specially benefited thereby and are further designated on the assessment plat referenced below.

AvAILABILITY OF ASSESSMENT AREA FIVE PLAT TO PUBLIC. There is on file at the District Records Office an assessment plat showing the area to be assessed, together with plans and specifications and the costs thereof described in the plans and specifications and the 2019 Engineer's Report, which shall be open to inspection by the public.

ADOPTION OF PRELIMINARY ASSESSMENT ROLL. The District Manager has caused to be made a preliminary assessment roll, in accordance with the method of assessment described in Exhibit "B" hereto, which shows the lots and lands assessed, the amount of benefit to and the assessment against each lot or parcel of land and the number of annual installments into which the assessment may be divided, which is hereby adopted and approved as the District's preliminary assessment roll.

.   PAYMENT  OF  ASSESSMENT  AREA  FIVE  ASSESSMENTS.    Commencing with the year in which the Assessment Area Five Assessments are confirmed, the Assessment Area Five Assessments shall be paid in accordance with the Assessment Report, but in no event in more than thirty annual installments payable at the same time and in the same manner as are ad­ valorem taxes and as prescribed by Chapter 197, Florida Statutes; provided, however, that in the event the non-ad-valorem assessment method of collecting , the Assessment Area Five Assessments is not available to the District in any year, or the District determines not to utilize the provisions of Chapter 197, Florida Statutes, the Assessment Area Five Assessments may be collected as is otherwise permitted by law.

SUBSEQUENT SETTING OF PUBLIC HEARING. The Board shall adopt a subsequent resolution to fix a time and place at which the owners of property to be assessed or any other persons interested therein may appear before the Board and be heard as to the propriety and advisability of the assessments or the making of the improvements, the cost thereof, the manner of payment therefore, or the amount thereof to be assessed against each property as improved.

PUBLICATION OF RESOLUTION. The District Manager is hereby directed to cause this Resolution to be published twice (once a week for two (2) weeks) in a newspaper of general circulation within Osceola County and to provide such other notice as may be required by law or desired in the best interests of the District.

SEVERABILITY. If any section, paragraph, clause or provision of this Resolution
Resolution 2019-03
Reunion West Community Development District

shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause or provision.
CONFLICTS. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.
EFFECTIVE DATE. This Resolution shall take effect immediately upon its adoption.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

Resolution 201 9-03
Reunion West Community Development District

SIGNATURE PAGE FOR RESOLUTION 2019-03
ADOPTED this 10th day of January, 2019.
REUNION WEST COMMUNITY DEVELOPMENT DISTRICT

[SEAL]

Attest:

Its: Secretary

Resolution 2019-03
Reunion West Community Development District

Chairperson or Vice Chairperson, Board of Supervisors

EXHIBIT "A"
2019 ENGINEER'S REPORT
Second Supplemental Engineer's Cost Report for
Reunion West Community Development District, Osceola County, Florida
(dated January 10, 2019)

EXHIBIT "B" ASSESSMENT REPORT
Master Assessment Methodology for Assessment Area Five for Reunion West Community Development District
(dated January 10, 201 9)

SECTION D

RESOLUTION 2019-04
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE REUNION WEST COMMUNITY DEVELOPMENT DISTRICT SETTING A PUBLIC HEARING TO BE HELD ON 	, 2019 AT 	PM AT 7715 HERITAGE CROSSING WAY, REUNION, FLORIDA 34747, FOR THE PURPOSE OF HEARING PUBLIC COMMENT ON IMPOSING SPECIAL ASSESSMENTS ON CERTAIN PROPERTY KNOWN AS ASSESSMENT AREA FIVE WITHIN THE DISTRICT IN ACCORDANCE WITH CHAPTERS 170, 1 97, 190, FLORIDA STATUTES; . PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.
WHEREAS, the Reunion West Community Development District (the "District) is a local unit ofspecial-purpose government duly organized and existing underthe provisions ofthe Uniform Community D evelopment District Act of 1980, Chapter 190, Florida Statutes, as amended (the "Act"), established by Ordinance Number 01-32, of the Board of County Commissioners of Osceola County, Florida, effective as of October 3, 2001, expanded by Ordinance No. 05-27 of the Board of County Commissioners of Osceola County, Florida effective as of July 22, 2005, and further expanded by Ordinance No. 2019-08 of the Board of County Commissioners of Osceola County, Florida effective as of January 7, 2019 (collectively, the "Ordinance"); and
WHEREAS, the District has  previously  adopted  Resolution  2019-03 ,  entitled: A RESOLUTION OF THE BOARD OF SUPERVISORS OF REUNION
WEST COMMUNITY DEVELOPMENT DISTRICT DECLARING SPECIAL ASSESSMENTS ON CERTAIN PROPERTY WITHIN THE DISTRICT KNOWN AS "ASSESSMENT AREA FNE," CONSISTING OF SUBDIVISIONS KNOWN AS "REUNION WEST PHASE 4," "REUNION WEST 17TH AND 18TH FAIRWAYS PHASE 2," AND "REUNION WEST 1 7TH AND 18TH FAIRWAYS PHASE 3;" INDICATING THE LOCATION, NATURE AND ESTIMATED COST OF THOSE IMPROVEMENTS WHOSE COST IS TO BE DEFRAYED BY THE ASSESSMENT AREA FIVE SPECIAL ASSESSMENTS; PROVIDING THE MANNER IN WHICH SUCH SPECIAL ASSESSMENTS SHALL BE MADE; PROVIDING WHEN SUCH SPECIAL ASSESSMENTS SHALL BE MADE; DESIGNATING LANDS UPON WHICH THE SPECIAL ASSESSMENTS SHALL BE LEVIED; PROVIDING FOR AN ASSESSMENT PLAT; ADOPTING A PRELIMINARY ASSESSMENT ROLL; PROVIDING FOR A PUBLIC HEARING TO CONSIDER THE ADVISABILITY AND PROPRIETY OF SAID ASSESSMENTS AND THE RELATED IMPROVEMENTS; PROVIDING FOR NOTICE OF SAID PUBLIC HEARING; PROVIDING FOR PUBLICATION OF THIS RESOLUTION; PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE; and

Resolution 201 9-04
Reunion West Community Development District

WHEREAS, in accordance with Resolution No. 2019-03, a preliminary assessment roll has been prepared and all other conditions precedent set forth in Chapters 1 70, 197 and 1 90, Florida Statutes, to the holding of the aforementioned public hearing have been satisfied, and the roll and related documents are available for public inspection at 135 West Central Boulevard, Suite 320, Orlando, Florida 32801 (the "District Records Office").

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF REUNION WEST COMMUNITY DEVELOPMENT DISTRICT AS FOLLOWS:
INCORPORATION OF RECITALS. The recitals stated above are true and correct and by this reference are incorporated by reference as a material part of this Resolution.

DECLARATION OF PuBLIC HEARING. The District hereby declares a public
hearing to be held at	pm,	, 2019, at 7715 Heritage Crossing Way, Reunion,
Florida 34747, for the purpose of hearing comment and objection to the proposed special assessment program for community improvements as identified in the Master Assessment Methodology for Assessment Area Five for Reunion West Community Development District dated January 10, 2019 (the "Assessment Report") attached hereto as Exhibit "A" and the preliminary assessment roll, available at the District Records Office. Affected parties may appear at the hearing or submit their comments in writing prior to the meeting to the attention of the District Manager at the District Records Office.

ADVERTISING OF PUBLIC HEARING. Notice of said hearing shall be advertised in accordance with Chapters 170, 190, and 197, Florida Statutes, and the District Manager is hereby authorized and directed to place said notice in a newspaper of general circulation within Osceola County (by two publications one week apart with the last publication at least one week prior to the date of the hearing established herein). The District Manager shall file a publisher's affidavit with the District Secretary verifying such publication ofnotice. The District Manager is further authorized and directed to give thirty (30) days' written notice by mail of the time and place of this hearing to the owners of all property to be assessed and include in such notice the amount of the assessment for each such property owner, a description of the areas to be improved and notice that information concerning all assessments may be ascertained at the District Records Office. The District Manager shall file proof of such mailing by affidavit with the District Secretary.

SEVERABILITY. If any section, paragraph, clause or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause or provision.

CONFLICTS. All resolutions or parts thereof in conflict herewith are, to the extent ofsuch conflict, superseded and repealed.

Resolution 201 9-04
Reunion West Community Development District

EFFECTIVE DATE. This Resolution shall take effect immediately upon its adoption.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

Resolution 201 9-04
Reunion West Community Development District

SIGNATURE PAGE FOR RESOLUTION 2019-04
ADOPTED this 10th day ofJanuary, 2019.

REUNION WEST COMMUNITY DEVELOPMENT DISTRICT

[SEAL]

Attest:

Its: Secretary

Resolution 2019-04
Reunion West Community Development District

Chairperson or Vice Chairperson, Board of Supervisors

EXHIBIT "A" ASSESSMENT REPORT
Master Assessment Methodology for Assessment Area Five for Reunion West Community Development District
(dated January 10, 2019)

SECTION V

S ECTl·ON C

SECTION 1

 	Reunion East 
Meeting
Item # Assicmed	Action Item	Assianed To:	Date Due	Status	Comments
Issue on Hold Pending CUP
3/14/1 1	lrriaation Turnover	Develooer	 	On Hold	Neaotiation
Proposals from Yellowstone presented at August meeting. Counsel Sent Demand Letters for Costs to Each Parcel Owner. Publix
3/1 6/17	Allocation of 532 Costs	Scheerer/d'Adeskv	On Hold	Declined Sharina Costs.
Amendment to MSA to Incorporate
Heritage Crossing Community	To be Discussed Further at January
1/1 1/18	Center & Horse Stables	Resort/Flint	In Process Meetino
Evaluation of Installation of a Transponder System for Reunion
Property Owners Ease of Gate	Scheduled for installation in mid-
8/9/1 8	Access	Scheerer/Cruz	In Process Januarv
Implementing Policies/Guidelines
Regulating Number of Guests at	Sample Policy to be Discussed at
 	5	8/9/1 8	COD Prooertv	Flint/d'Adeskv	In Process Janarv meetina
Alan Contacted Osceola County and was Advised that No Work Projected
6	9/1 3/1 8	Reoair of Potholes on Sinclair Road	Scheerer	In Process to be Done Until Around December
Board Authorized Installation of Additional Sign along Tradition Blvd.
 	7	1 0/1 1/18 Evaluation of Soeed Limit Sions	Boyd/Scheerer	In Process from direction of Sinclair Road Gate

8	
1 2/1 3/1 8	Installation of Signage in Advance of Reunion Blvd. Intersection at 532	
Boyd	
In Process	

9	
12/1 3/1 8	Repainting of Signs Throughout Communitv	
 	Scheerer		In Process	
Reunion West
Meeting
 Item # Assigned	
Action Item

Installation of Neighborhood	
Assigned To:	
Date Due	Status	Comments
Monuments in Design Phase. Architect in Process of Transmitting	
		
Scheerer	Plans to Osceola County for
 	In Process Permittina.	
1	1 /1 1/18 	Monuments			

revised 11/1/2018

SECTION 2

Reunion West
Community Development District
Summary of Check Register
December 1, 2018 to December 31, 2018

Fund	Date	Check No.'s	Amount	
General Fund	12/6/18	1379	$	97,962.00	
	12 /7/18	1380	$	7,188.66	
	12 /11 /18	1381-1384	$	1,462,041.49	
	12 /18/ 18	1385-1388	$	2,612.23	
	12/28/ 18	1389	$	116.22	

Payroll

Carlton Grant III	50414	$	184.70	
David Burman	50415	$	184.70	
John Chiste	50416	$	184.70	
Mark Greenstein	50417	$	184.70	

December 2018

$	1,569,920.60

$	738.80

$	1,s7o,6s9.4o I

REUNION  WEST-GENERAL  FUND

A*P*3*0 0CRHECK  DATES   12/ 01 /2018   -   12/31/20 1Y8EA* R* *-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER  CHECK  REGISTER	RUN	1/ 02/19	PAGE	1
BANK  A  GENERAL FUND

CDHAETCEK    VEND#	• • D• A• T• EINVOINCEVO• I• C. E• .   . Y. RM. EXOPENDPSTEDATCCOT. #. . SUB	SUBCLASS  VENDOR  NAME	STATUS

AMOUNT

A. M. O. U• NCTHECK . • #• . . 

12/06/18   00062	12/06/18  2R2 -EF2U5N-D27OV2E0R1P8M1 T2   O3N00P-A2R0C7E0L0- 10200 

-  - - -	- -  - -  -  - - - -	- - - - - - - - - - -

- -		- -		EHOF ACQUISITIONS LLC 12/07/18 00020	12/01/18 432		201812 310-513 00-34000 
12/01/18   4M3A2NAGEMEN2T0 1F8E1 2ES3-D1E0C-51 8130 0-35100 INFORMATION TECH-DEC18 
12/01/18 432	201812 310-513 00-3 1300 
DISSEMINATION-DEC 18 
12/01/18 432	201812 310-51300-51000 
OFFICE  SUPPLIES
12/01/18 432	201812 310-51300-42000 

*	97,962 .00

- - - - - - - -

- -
*	3, 689 . 50
*	183 . 33
*	625 . 00
*	20 . 24
*	3. 76

9-7 -, 9-62 -.0 0-

001379 

12/01/18   4P3O2 STAGE
12/01/18   4C3O2 PIES

201812 310-51300-42500 
201812 310-513 00-4 1000 

*	51 . 15 
*	6. 35

12/01/18   4T3E3LEPHONE201812   320-53800- 12000 

12/11/18 00031 

-1 2-/ 1-1/-18 -1-2 1-12 -0 1 -8   2-0-1812   300-2-0700-10000 

- - - - - - - - - - - - - -

FIELD  MANAGEM-EN-T--DE-C 18- -  -GO-VE-RNMENTAL  MANAGEMENT  SERVICES

*	2, 609 .33

*

720, 098 .21 

- - -  -  -  -  -  - - -  -7 -, 1-88-. 6-6   001380 

12/ 11/18 00031 

-1 2-/ 1-1 /-18- 1-2 1-12 -0 1 -8   2-0-1 8-12 -3-00--2-0 7 -00 --1-0400 

- - - - - - - - - - - - - - - - -

*

176 ,7 05.43

FY19  DEBT  SERV  SER2 004-l	RE-UN-ION  WEST  C/0  USBANK

-  -  -  - - -  -  -  -  -7 -20-, 0-9 8-. 2 -1   001381 

12/11/18   00031	12/11/18   12112018   -201 8-12   300--2-0 7 -0 0 -- 1-0 5-00-

*

290, 850 . 54

- - - - -

F-Y-19-DE-BT  S-ERV-SE-R2 015	REUNIO-N-WE-ST- C-/ 0-

U-SB-A-NK- - - - - - -  -

-  - - - -  -  -  -  -  -1 -7 6-, 7-05 -.4-3   001382 

FY19 DEBT SERV SER2016 

-  -RE-U-NIO-N-W-EST-

C-/0-

U-SB-AN-K-  -  -  - - -  -  -

-  -  -  -  -  - - - -  -2-9 0-, 8-5 0-.54-

001383 

12/11/18 00031 

-1 2-/ 1 -1/ 1-8 -1F-2Y1-1 29 -0D1E-8BT2-0S-1E8R-1V2 -S3E-0R0-2-20-01 7 -00-10600 
- - - - - - - - - - - - - - - - -  -  -RE-UN-IO-N-W-EST- C-/0-

*
B-AN-K 	*

274,387 .31
- - - -  -  -  -  - - -2-7 4-,3-8 7-. 3 -1   001384 

12/18/18   00035	11 /30/18   1A7Q3U8A4T1 IC  P2L0A1N8T11MG3M2T0 -N5O3V8 0108 -47000 
11/30/18   1A7Q3U8A4T1 IC  P2L0A1N8T1 1MG3M0T0-N1O3V1 0180-10100 

58 .08
*	73 . 92

319. 08

APPLIED AQUATIC MANAGEMENT , INC .
12/18/18 00051	12/13/18 2123	201811 310-513 00-3 1100 

*	- -  -  - - -  - - - - -  -1 -3 2-. 0-0   001385 

ATTEND CDD MEETING 11 /08	BOYD CIVIL ENGINEERING
REUW REUNION WEST	TVISCARRA

319 .08 001386 

BANK A GENERAL FUND

A*P* *30 C0RHECK  DATES   12/01/2018   -   12/31/20 1Y8EA* *R*-TO-DATERAEUCCNOIOUNTWSEPSATY-AGEBNLEERAPRLEPFAUNID  COMPUTER  CHECK  REGISTER	RUN	1/02/19	PAGE	2

VENDOR NAME	STATUS

CHECK  VEND#	• • • • • INVOICE • . . . • • . . EXPENSED TO . . . 
DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS

REV . AGNDA/PREP . CDD MTG .

12/18/18 00043	12/14/18 8359 4	2 0 1 8 1 1 310- 513 00-31500 

-	COMP . MATS /PET . EMAIL/EXPND

12/14/18 83595	2 0 1 8 1 1 310- 5 1300 -31500 

-  - - -	- -  - -  - - -	- - - -  -  - -	- - - - - -

- -	-	LATHAM, SHUKER, EDEN & BEAUDINE , LLP 12/18/18   00036	11/ 30/18   DDUUKKEE-DUEKNER2G0Y1 8#1 50 4 53 21 20 -259338 01 -43000 
11 /30/18  DUDUKKEE-DUENKER2G0Y1 8#106 4321--65 31 81 06 01 -43000 

-	-	- - -	-	- - - - - -

- - - - -	-	- - - - -RE-UNION  RESORT

-	-	-	11 /30 /18  TOT-HOOHO-TMOEHTE2R0#1 48 91 00 35 2501 -4 5O3C8T0 01-8 43100 
12/28/18   00011	12/18/18   6D-E4L0 3IV-E2R7 Y2 01 21 /8 0128 /31 810-51300-42000 
FEDEX

AMOUNT	A• M• O• U. NCTHECK . . . • • 

#

*	470 . 69
*	790 . 50
*	-  -  -  - -  - 2-5-9 . -81-  -1 -,2 -61-. 1-9   001387 

*

473. 62

*	166 .53

116. 22 

*

- -  -  -  - - -  -  - - -  -8-99 -. 9 -6   00 1388 
11 6. 22 001389 

TOTAL	FOR BANK A	1,569 , 920.60	
TOTAL	FOR REGISTER	1,569,920 . 60	

REUW REUNION WEST	TVISCARRA

s·	Ec i	lON 3

•	•	•	•	•	•	•	•	•	•	•	•

• • • • • • ••

Reun ion West
Community Development District

Unaudited Financial Reporting November 30, 2018 

•	•	•	•

•	•	•	•	•	•	•	•

•	•	•

Table of Contents

 	Balance Sheet

 	General Fund  Income Statement

 	Replacement & Maintenance Income Statement

 	Debt Service Series 2004-1 Income Statement

s	Debt Service Series 2015 Income Statement

Debt Service Series 2016 Income Statement

 	Debt Service Series 2017 I ncome Statement

 	Capital Projects Series 2015 I ncome Statement

 	Capital Projects Series 2016 I ncome Statement

 	Capital Projects Series 2017 I ncome Statement

11-12 		Month to Month 13-14 	FV19 Assessment Receipt Schedule

COMBINED BALANCE SHEET

COMMUNRITeYuDnEVioELnOPWMEeNsTtDISTRICT
November 30, 2018

6llili;CASH	$976,767	$149,393	$1,126,160

 	General		&RMepaliancteemnaenncte	SeDrvebicte	PCraopjietctals

(Memor2an0d19um Only)

CSTUASTTOE DBOYARCDCOOUFNATDMINISTRATION

$2,863

$1,250,438	$1,2S$20,,846338

s ve

SINEVREIESSTM20E0N4T-1S

SEGReIEnSer2a0l 1R5edemption	$384	$384

Revenue

$1690,60871

$$16609,60871

RReevseernvuee

$1$6534,,879862

$1$6543,,878926

SECRoInEsStr2u0c1t6ion

$271,490	$271,490

CProenpsatryumcteinotn	$66	$6$61

Revs ervnuee	$26,8$941

$26,894

SERReIEseSrv2e017

$2$5151,,025884	$255,084

RPreevpeanyumeent	$1,983

$1$11,,928538

Construction
DUCoEsFtRoOfMIssuRaEnUcNeION EAST

$2$27,,724607

$602	$602
$22,747

DUEE FFROM GOETNHEERAL FUND	$286,164	 		$2$876,16640

LIABILITIES:

TOTAL ASSETS	$1,009,637	$1,399,830	$1,901,625

$4,311,765

DUE T	VELOPER	00,845

ADCUCEOTUONRTESUPNAIYOANBLEEAST	$15$82,60172
DUE TO DEBT SERVICE 2004-1	$140,944

$91,701	$25$02,,360128

00,845

$140,944

DUE TO DEBT   SERVICE 2016	$56,928	$56,928

FDUUNE DTOEQDUEBITYT S: ERVICE 2017	$53,706	$53,706

D   T	CE	$34,586	4,586

FUNADSSBIGANLAENDCES:

$461,408

$1,308,129	$1,308,129

CT    F	E	I    2  15

URENSATSRSIICGTNEDEDFOR DEBT SERVICE 2004-1 RESTRICTED FOR DEBT SERVICE 2016

$295761,,016177

5  410

$322,032

$947611,00178
$352,410

56 167

RESTRICTCTED FFOR CADEBPITTASLERPVRIOCJEEC2T01S72015	$5

$322,032

RESTRICTED FFOR CAPITALL PROJJECCTTSS 220167      		 		$60$662	$$66062

$673

T&OTOATLHELRIACBRILEITDIIETSS& FUND EQUITY

$1,009,637	$1,399,830	$1,901,625

$4,311,766

REVENUES·

Reunion West
COMMUNITY DEVELOPMENT OISTRICT

Statement of Revenues & Expenditures

General Fund
FerThe Period Ending November30,2018

ADOPTED	PRORATED BUDGET	ACTUAL
BUDGET	THRU 11/30/18	THRU 11/3D/18	VARIANCE

Special Assessments -Tax Collector	$517,848	$65,616	$65,616	$0
SpecialAssessments-Direct	$536,999	$112,247	$112,247	so
Interest	so	$0	Sl	$1 
Miscellaneous Income	S3,749	$625	$312	[$312)
TOTAL REVENUES	$1,058,596	$178,488	$178,177	1$311)1
EXPENDITURES:

ADMINISTRATIVE:

Supervisor Fees	$12.000	$2.000	$800	$1,200
FICA	$918	$61	$92
Engineering	$8.000	$1,333	5319	$1,014
Attorney	$17,000	$2,833	$3,640	($807)

$7,500

Trustee Fee	$21.000	$4,863	$4,863	$0

Dissemination
Arbitrage	$2,400
C'dedk>nAgent	$7,SOO

$1,250	$1,500	($250)

$7,SOO

$0	$0
$7,500	$0

Property Appraiser Fee	$500	$0	$0

$7,379

Annual Audit	$5,200	$0	$0	$0

Managem@nt Fees	$44,274

$367

lnfomiation Technology	$2,200

$7,379	$0

$367

$0

Telephone	$300	$50	$6	$44
Postage	$1,000	$167	$124
Printing & Blndlne	$1,600	$267	$210
Insurance	$9,400	$9,400	$8,540	$860
Legal Advertising	$1,S00	$250	$688	[$438)

OthercurrentCharges
Offtee Supplies	$300

$3,400	[$3,342)
$21	S29

Travel PerDiem	S600	SlOO	$0	SlOO
Dues,Licenses& Subscriptions	$175	$175	$175	so

$39,440

TOTAL ADMINISTRATIVE	$143,717	$38,195

M.SltiIUi.!ti«�tldB(QU.fltl.rS.U.i

$2,997

Field Management	$31,312	$5,219	$5,219
Facility Lease Agreement	$17,980	$2,997
Telephone	$3,740	$623

($1,245)1

$0
$140

Electric:	$259,600	$43,267	$29,357	$13,910

$35,200

Wate,&Sewe,
Ga,	$33,880

$2,909	$2,958

$1,611

$4,036

$733

Pool and Fountain Maintenance	$77,000	$12,833	$12,678	$156
Environmental	$4,400	$726
Property Insurance	$20,130	$20,130	$18,271	$1,859
Irrigation Repairs	$6,600	$1,100	$2,143	{$1,043)
landscape Contract	$341,568	SSG,928	S?0,953	1$14,025)
landscapeContlngel'\CY	$17,083	$2,847	$19,889	[$17,042)
landscape Consulting	$17,160	$2,860	$4,750	($1,890)
Gate and Gatehouse Expenses	$14,080	$2,047	$299
Roadways/Sidewalks	$22,000	$3,667	$2,147	$1,519
Light;,,g	$4,400	$0
MSA Building Repairs	$17,600	$2,933	$1,796	$1,138
Pressure Was;hlng	$8,800	$1,467	$2,552	($1,085)
Maintenanc.e: (Inspections)	$770	$128	$0	$128
Repairs & Maintenance	$8,800	$1,467	$0	$1,467
PestControl	$319	$53	$0
Signage	$1,760	$1,333	($1,040)
Security	$61,600	$10,267	$10,267
�ltJ.!UJ.Sfi.'1,-Ql.Rf.CTf.XPf.NfL:.i.•

$3,333

$3,333

Irrigation System Operations	$20,000	$0
Contingency	$0	$0	$0	$0
TOTAL MAINTENANCE	$1,025,781	$187,739	$192,127	[$4,389)1
TOTALE>CPENDITURES	$1,169,498	$231,567
EXCESS REVENUES (EXPENDITURES)	[$110,902)	($53,390)
FUNDBALANCE· Beginning	$110,902	$514,798
FUNDBALANCE- Ending	$0	$461,408

2

Reunion West
COMMUNITY DEVELOPMENT DISTRICT

& Expenditures

StaRteepmlaecnetmoefnRte&veMnuaeinstenance Fund ForThe Period Ending November30, 2018

REVENUES:
I nterest
TOTAL REVENUES EXPENDITURES:

ABDUODPGTEETD

THPRRUO1RA1/T3E0D/18
$3,000	$500
$3,000	$500

THRAUC1T1U/A30L/18	VARIANCE
$5,016	$4,516
$5,016	$4,516 I

BFouuildnitnaginImI mpprorovveemmeenntsts GLaanted/sGcaapteehl'inoupsreoIvmempreonvtesments

$11,00$0

$$131,,280330

$587

$9,9$00

$12,14$03
$3,,5191

$1,833

( ,54 )

$6,389

LMigohntuinmgeImntpIrmovpeomveemntesnts

$$113,,00520	$1,833

$0	$1,833

PPooool RFuernpaitiru&reReplacements

$5,280

$2$,898303

$6,2$202

$2,933

Signage

$0	$0

Roadways/Sidewalks Improvements
Signalization

$2$84,,640000	$4,767

$67,27$60

$733

TOTAL EXPENDITURES
EXCESS REVENUES (EXPENDITURES)
FUND BALANCE- Beginning Fu ND BALANCE - Ending

$220,000	$36,667
($217,000)
$1,332,608
$1,115,608

3

$91,701	 	
($86,685)
$1,394,814
$1,308,129

Reunion West
COMMUNITY DEVELOPMENT DISTRICT
Debt Service Fund
Statement of Revenues & Expenditures
Series 2004-1
ForThe Pertod Ending November30, 2018

REVENUES:

ABDUODPGTEETD

THPRRUOR11A/T3E0D/18

THRAUC1T1U/A30L/18	VARIANCE

SInpteecreiasltAssessments - Tax Collector

$1,336$,570190

$140,944

$14$03,,964124

$3,5$280

TOTAL REVENUES EXPENDITURES:

$1,337,219	$141,028

$144,556	$3,528 1

PInrttnecreipsatlEExxppeennssee1015//0011	$45405,040609	$450,46$90	$450,4$609	$s0o	
TOTAL EXPENDITURES
OTrtahnesrfDerelbnt/S(Oervuti)ce Costs	$1,345,938
 	$0	$450,469
$0	S450,469
$so0	so I
$0	

so

Interest Expense 05/01	$450,469	$0	$0

TOTAL OTHER
EXCESS REVENUES (EXPENDITURES)
FUND BALANCE - Beginning FUND BALANCE - Ending

 	$0	
 	($8,719)	
 	$592,889	
$584,171

4

$0	$0

($

305,913)
$1,276,929
$971,017

Reunion West
COMMUNITY   DEVELOPMENT DISTRICT
Debt Service Fund Statement of Revenues & Expenditures
Series 2015
ForThe Pertod Ending November30, 2018

REVENUES:

ABDUODPGTEETD

THPRRUO1R1A/T3E0D/18

THRAUCT1 1U/A30L/18	VARIANCE

SInpteecreiasltAssessments Tax Collector
TOTAL REVENUES EXPENDITURES:

Interest Expense 05/01

IPnrttnecrelpsatlEExxppeennssee1015//0011
TOTAL EXPENDITURES
TOrtahnesrfDereIbnt/S(eOiuvti)ce Costs TOTAL OTHER
EXCESS REVENUES (EXPENDITURES)
FUND BALAN CE. Beginning FUND BALANCE - Ending

$326,875	$37,48$90
$326,975	$37,489

$145,000

$92,181	$92,181
$92,181	$0
$329,363	$92,181
 	$0	$0

 	($2,388)	
$143,381
$140,994

5

$85$80
$858 1
$92,181	$0
$0	$0
$92,181	so I
$0	$0
$0	$0

$310,001
$256,167

Reunion West
COMMUNITY DEVELOPMENT DISTRICT
Debt Seivice Fund
Statement of Revenues & Expenditures
Series 2016
ForThe PeriodEnding November30,2018

REVENUES:
SInpteecreiasltAssessments - Tax Collector

ABDUODPGTEETD
$549,75$0

THPRRUO1R1A/T3E0D/18
$54,0$250

THRAUC1T1U/A30L/18	VARIANCE

$319

$54$,032195	$0

TOTAL REVENUES EXPENDITURES:

$549,750	$54,025

PInritnecreipsatlEExxppeennssee1111//0011

$114956,,07006	$14956,,050801

$14956,005801	$0

Interest Expense 05/01
TOTAL EXPENDITURES
OTrtahnesrfDereIbnt/S(Oervuti)ce Costs

 	$194,078		$0
$341,581
 	$0	

$0	so
$341,581	so !

$535,784

$0	$0

TOTAL OTHER
EXCESS REVENUES (EXPENDITURES)

 	$0	$0	$0 
 	$13,966	($287,237)	

FUND BALANCE - Beginning FUNO BALANCE . Ending

 	$365,497	
$379,463

6

$639,647
$352,410

Reunion West
COMMUNITY DEVELOPMENT DISTRICT
Debt Service Fund
Statement of Revenues & Expenditures Series 2017
ForThe Period Ending November 30, 2018

REVENUES:
Speciiaall Assssessmentsts - TDairxecCtollector

ABDUODPGTEETD
$509,2$50

THPRRUOR11A/T3E0D/18
$53,706

THRAUCT1 1U/A30L/18	VARIANCE
$53,70$06	$0

Interest	 	$0	$0	$309	$309 

TOTAL REVENUES EXPENDITURES:
SI npteecreiasltCEaxlpl 1e1n/s0e11 1/01 IPnrtinecreipsatlEExxppeennssee0151//0011
TOTAL EXPENDITURES

$509,250	$53,706

1$8360,000	$306,0000
 	$118335,604040	$135,00$0
$534,650	$351,006

$54,015	$309 I
1$8306,,0006	$0
$135,00$0	$0
$351,006	so I

Transfer l n/(Out)	 	$0	$0	$0	($0)

TOTAL OTHER	 	

$0	$0

$0	($OIi

EXCESS REVENUES (EXPENDITURES!
FUND BALANCE - Beginning FUND BALANCE - Ending

($25,400)
$362,060
$336,660

7

($296,991)	
$619,022
$322,032

Reunion West
COMMUNITY DEVELOPMENT DISTRICT
capital Projects Fund
Series 2015
Statement of Revenues & Expenditures
ForThe Period Ending November30, 2018

REVENUES:
Interest
TOTAL REVENUES EXPENDITURES:
capital Outlay

TOTAL EXPENDITU RES
Transfer ln/(Out) TOTAL OTHER
EXCESS REVENUES (EXPENDITURES)
FUND BALANCE · Beginning FUND BALANCE · Ending

ADOPTED BUDGET

$0
$0

$0

$0
$0

$0
$0

$0

8

PRORATED THRU 11/30/18

$0
$0

$0
$0

$0
$0

ACTUAL THRU 11/30/18

$0

$0

$0
$0

$0
$5
$5

VARIANCE

so i
$0
so i so' 

Reu nion West
COMMUNITY DEVELOPMENT DISTRICT
Capital Projects Fund
Series 2016
Statement of Revenues & Expenditures ForThe Period Ending November30, 2018

REVENUES:
Interest

TOTAL REVENUES EXPENDITURES:
Capital Outlay • Construction

TOTAL EXPENDITURES
Transfer ln/(Out) TOTAL OTHER

EXCESS REVENUES (EXPENDITURES)

ADOPTED BUDGET

$0
$0

$0
$0

$0
$0

$0

PRORATED THRU 11/30/18

$0
$0

$0
$0

$0
$0

ACTUAL THRU 11/30/18

$0
$0

$0
$0

$0
$0

$0

VARIANCE

$0
so I

$0
so !
$0
so !

FUND BALANCE · Beginning
FUND BALANCE · Ending	$0

9

$66

$66

Reunion West
COMMUNITY DEVELOPMENT DISTRICT
Capital Projects Fund
Series 2017
Statement of Revenues & Expenditures
For The Period Ending November 30, 2018

REVENUES:

Interest
TOTAL REVENUES EXPENDITURES:

Ccapitaall Outtlay -- CosntsstroufcItsiosunance
TOTAL EXPENDITURES

Transfer ln/(Out)
TOTAL OTHER

EXCESS REVENUES (EXPENDITURES)

ADOPTED BUDGET

$0
$0

$0
$0
$0
$0
$0

PRORATED THRU 11/30/18

$0
$0

$0

$0
$0
$0

ACTUAL THRU 11/30/18

$0
$0

$0
$0
$0
$0
$0

VARIANCE

$0
so I

$0
so I
$0
so I

FUND BALANCE - Beginning FUND BALANCE · Ending

 	$0	$602
$0	$602

10 

Revenues

Reunion West COD Month to Month
Oct	Nov	 Dec	Jan	Feb	Mar	Apr	May	June	July	Aug	Sept	Total

Interest Income

Special Assessments - Tax Collector	$0	$65,616	$0	$0	$0	$0	$0	$0	$0	$0	$0	$65,616

Special Assessments - Direct	$112,247	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$1	$1	$0	$0	$0	$0	$0	$0	$0	$0	$0

$112,247
$1

Miscellaneous Revenue	$312	$0	$0

$0	$0	$0	$0	$0	$0	$0	$312

Total Revenues	I	$112,560	$65,617

$0	$0	$0	$0	$0	$0

$0	$178,lTTI

Expenses

Supervisor Fees	$0	$800	$0	$0

$319

FICA	$0	$61	$0	$0

$0	$0	$0	$0	$0
$0	$0	$0

$0	$800

$319
$3,640

$0	$0	$61

Engineering	$0

$0	$0	$0

$0	$0	$0	$0	$0	$0

Attorney
Trustee Fee	$4,863

$1,261	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$4,863

Dissemination	$875	$625	$0	$0	so

$0	$0	$0	$0	$0	$1,500

Arbitrage	$0	$0	$0	$0	$0	$0	$0	$0	$0
Collection Agent	$7,500	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$7,500
Property Appraiser Fee	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Annual Audit	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Management Fees	$3,690	$3,690	$0	$0	$0	$0	$0	$0	$0	$0	$0
lnfomiation Technology	$183	$183	$0	$0	$0	$0	$0	$0	$0	$0

Telephone	$0	$6

$0	$0	$0	$0	$0	so

$0	$0	$6

Postage	$60
Printing & Binding	$56	$1

$0	$0	$0	$0	$0	$0	$0	$0	$0	$124
$0	$0	$0	$0	$0	$0

Insurance	$8,540	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$8,540
Legal Advertising	$688	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$688
Other Current Charges	$3,400	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$3,400
Office Supplies	$21	$0	$0	$0	$0	$0	$0	$0	$0	$0	$21

Travel Per Diem	$0

$0	$0	$0	$0	$0	$0

$0	$0	$0

Dues, licenses & Subscriptions	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$175

Total Administrative	I	$32,428	$7,012

$0	$0	$0	$0	$0	$0	$0	$0	$0	$39,440]

11 

Reunion West CDD Month to Month
Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	 Jun	Jul	Aug	Sept	Total

Fleld Management	$2,609	$2,609

$0	$0	so	so	so	$0	$0	$0	$0	S5,219

$242	$242	$0	so	$0	$0	$0	$0	$0	$0	$0	$0	$484

TFaecleilipthyoLneease Agreement	$1.498

$0	so	$0	$0	$0	$0	$0

$0	$2,997

Electric	$15,069	$14,288

$0	$0

so	$0	so	so	so	$0	$29,357

WGaaster & Sewer	$1,519	Sl,389	$0	so	so	so

so	so	so	$0

$178	Sl,433	$0	so	so	$0	so	$0	so	$0	$0	$0	$1,611
Pooland Fountain Maintenance	$5.419	S7,258	$0	so	$0	$0	$0	$0	$0	$0	$0	so	$12,678

Environmental	S611	$115	$0	$0	$0	$0	so	so	$0

$0	S726

Property Insurance	SlS,271

$0	$0	$0	$0	$0	$0	$0	so	$0	$0	$18,271

LaLannddssccaappee Cor.onntsiunltglenngcy
Gate and Gatehouse Expenses	$19,223
Sl,430	$667
$3,320	
Roadways/Sidewalk,	$462	$1,685	

Lalrrn�dastcioanpeRCepoanitrras ct	$23,796

$0	so	$0	$0	so	$0
$0	$0	$0	$0	$0

so	$0	$0	$2,143
$0	$0	$0	so	$70,953

$0	$0	$0	$0	so	$0	$0	$0	$0	$0	$4,750

$0	$0	$0	$0	$0	$0	$0	so	$0

$19,889

$1,375

$0	$0

$0	$0	$0	$0	$0	$0	$0	$2,1)47
$0

$0	$0	$0	so	$0	$0	$0	$2,147

Lighting

$0	so	so	$0	$0	$0

so	$0	$0	$0	$0

MSA Building Repairs	$1,707	$88

$0	$0	$0	$0	so	$0	so	$0	$0	$1,796

Pressure Washing

o	so	so	$0	$0	so	$0	so	$0	$0	so	S2.S52

$0

$0	so	so	$0	s

s

s

$0	so	so

PMeasitncteonntaroncle (Inspections)	so	s

$0	$0	$0	$0

o	o	o

$0	so	$0	$0

Security	$5,133	SS,133	$0	$0	$0	$0	$0	$0	$0	$0	os

Signage

$425	$0	so	$0	$0	so	$0	$0	$0	$0	$0	$1,333

Irrigation System Operations	so	so	so	so	so	$0	$0	$0	so	so	$0	so	$0
Contingency	so	so	so	so	so	$0	$0	$0	$0	so	$0	so

$135,496

Total Maintenance	I	$103,068

$0	$0	so	$0	so	$0	$0	$0	$0

$192,1271

Total Expenses	I

$96,071	$0	$0	$0	$0	$0	$0	$0	$0	$0	$D	$231,5671

Excess Revenues IExpenditures)	I

$D	$0	$0	$0	so	�   .	$0	$D	$0	($53,390)1

12 

REUNION WEST
COMMUNITY DEVELOPMENT DISTRICT SPECJAL ASSESSMENT REO:IPTS • FY2019 TAX COLLECTOR
Gross Assessments	3,536,875	659,720	1,417,083	347,739   $	572,366	539,968
Net Assessmelrts	3,324,662	620,136	1,332,058	326,875   $	538,024	507,569
Gross	2004-1	2015	Z016	2017
Date	Assessments	Discounts/   CommlnlDns	Interest	Net Amount	General Fund Debt Svc Fund  DebtSvc Fund  Debt Svc Fund  DebtSvs Fund	Total
Received	Dist.	Received	Pe1'13ltles	Paid	Income	Received	18.65%	40.07%	9.83%	16.18%	15.27%	100%

s

11/9/18	ACH    $	19,334.61   $   1,029.34   $	366.11   $	17,939.16   $	3,346.12    s  7,187.50   $	1,763.75    $	2,903.06	2,738.74    $     17,939.16

$	s

11/26/18	ACH     $     354,848.46    $  14,194.23    s	6,813.08   $	333,841.15   $	62,270.09	133,756.69     $     32,822.65    $      54,024.86	50,966.85     $   333,841.15

s

s	s

12/10/18	ACH      $   1,536,460.84     $   61,459.72    $   29,500.02   $	1,445,501.10   $    269,623.71  $  579,154.02	142,119.03  $   233,922.62	220,681.72   $ 1,445,501.10

s

12/21/18	ACH    $     225,515.38  $   7,927.65	4,351.77   $	213,235.96 $	39,774.08    $    85,435.05   $    20,964.9)	34,507.56	32,554.30	213,235.96

s

$	$	$	$	$	$	$	$

s

$	$	$	$
$	$	$

$	$	$	$	$
$	$	$	$

$	$	s	$	s	s	$	s	$

$	$	$

$	$

$s	$	$	$s	$	$s	$s	$	s

s		$$	$		$$	$	$$

s	s	$	s	$	s	$	$	$

s	$	$	$	$	$	s$$

$	s	$	$	$	$	$	$	$

s	s

s	s	s	$	$	$	$	$	$
$	$	$	$	$	$	$

s	s$	$

s

$

s	$s	$	s	s	s	$s	$	$
T�la ls	,,nft..a9l9	R-1 (,1.01il�	""L03090.	S l,Dlll,SU.37	17!>,014 00	805,533.26	197,670.40	3.2.!l,3�B.10	300,94.1.fil     S  :"!,Dl0,5-1' l1

OFF ROLL ASSESSMENTS

REUNION APARTMENTS LLC	$112,247.00	$112,247.00

DATE	DUE	CHECK	NET	AMOUNT	GENERAL	
RECEIVED	DATE	NO.	ASSESSED	RECEIVED	FUND	
4/13/18	11/1/18	12593	$	56,123.50	$ 56,123.50	$ 56,123.50	
4/13/18	2/1/19	12593	$	28,061.75	$ 28,061.75	$ 28,061.75	
4/13/18	5/1/19	12593	$	28,061.75	$ 28,061.75	$ 28,061.75	
				s	s	

13 

REUNION WESTSPE, LLC

OFF KOU. A.SSESSMENTS

$7,276.00

$7,276.00

DATE
RECEIVED	DUE
 	DATE		CHECI<
NO.		NET
ASSESSED	
$	1,819.00
$	1,819.00
$	1,B19.00
$	l,B19.00	AMOUNT
RECEIVED	
$s	s
$
$	$
$	$	GENERAL FUND		
	12/31/18					
	3/31/19					
	6/30/19					
	9/30/19					
$	7,276.00	$	$	
REUNION WEST SPE, UC	$37,864.00	$37,864.00

DATE
RECEIVED	DUE
DATE	CHECI<
NO.	NET
ASSESSED	AMOUNT
RECEIVED	GENERAL
FUND	
12/31/18
3/31/19
6/30/19
9/30/19	$	9,466.00
$	9,466.00
s$	9,466.00
9,466.00
s	$s	$
s	$
s	$s	
	
REUNION WEST SPE, LLC	$41,725.00	-  $41,725.00

DATE
RECEIVED	DUE
DATE	CHECI<
NO.	NET
s ASSESSED	AMOUNT
RECEIVED
s	GENERAL
FUND	
3/31/19	s	10,431.25	s
s	s	
6/30/19	10,431.25	s		
9/30/19	$	10,431.25		$	
	s	s		

REUNION WEST SPE, LLC	$32,668.00

DATE	DUE	CHECI<	NET

$32,668.00

AMOUNT	GENERAL

       RECEIVED	DATE	NO.	ASSESSED	RECEIVED	FUND	

12/31/18	$	8,167.00

6/30/19	s	8,167.00

3/31/19	$	8,167.00
9/30/19	s	8,167.00

$	$

s

$s	$s
$

 	s	32,668.00     $	$	
REUNION WEST II LLC	$202,932.00	$202,932.00

DATE		DUE	CHECI<		NET	AMOUNT	GENERAL RECEIVED	DATE		NO.	ASSESSED	RECEIVED		FUND
12/31/18	$	50,733.00     s	s
3/31/19	s	50,733.00   s	s
6/30/19	s	50,733.00     $	$
9/30/19	$	50,733.00  $	$
$    202,932.00    s	$	

 	SUMMARY	

 		GENERAL FUND TOTAL DIRECT BILlED		$434,712.00
TOTAL RECEIVED	$   112,247.00
VARIANCE	$   1322,465.00)

14 

SECTION 4

.-.,

District Reunion East

Reunion East/West CLID Direct allied Assessments for rv 2019

l        landownder	Product	Total O& M Total Debt	Total Due	O& M	Debt

Total	Paid

$25,974

Feb

$2,746

O35t-i2c5o-m27m-4un8i8t5ie-sPRCL-OC30 Totals

$10,982	$14,,9922	$25,974

Nov
TMoatyal

91

$924

sin,9$822,746

$14,992$3,,748

$$162,,948947

$6 49

$25,974

3LRSA-2O5-R2L7A--488NDO5-LPLRCCL-OC30   4 MF

11·1·15 Interest

27-25-27·2985·TRAC-FD30 10 Comm/56 MF/104 Hotel

EHOF 2375•225·-27--4298895·-TPRRACCL-·OFlDCO20  32042C.o29mCmo/m75m5/7M0F1 MF/300 Hotel

$1,848	$5,053	$6,901

$356,292

$909,846

$60,979	$417,271

$43958,804216     $1$,210573,826285	$1$,659181,,274191

Nov TMoatayl

Feb

Feb

Nov May

O&M	Debt $2,527

,

$ 1$,484682	$1 263
O&M	Debt
$22574,,496232	$45289,634936

Total$3,451 Paid

,72

$61,970215
Total	Paid
$1$,635163,,680168

11/5/18

11/ /1

11/5/18

$1,717,385	$2,627,231

Total

$90297,,844662	$1$,741279,,334856

$2$,6267,,820381

District	llRaenudnoiownnWdeerst SPE

Total O&M  Total Debt	Total Due

Dec

O&M	Debt

Total	Paid

Reunion West

227•225·-227-4927-0001l-SWFlC0l0

$3$77,,827664	$$37,827664

March

$29,883	$0	$29,883

227-225·227-492375·-00000011··S0FX2X00

$32$,4661,77.2005	$321,,676275

JSuenpetember

$29,883	$0	$29 883

2R2e·u2n5io-2n7W-4e9s2t3-H0O0A01-00B0

$119,532.00	$0.00  $119,532.00
$215,885	$0	$215,885

Total
MDeacrch

$119 532	$0
$53,,9711..2255

$0..00

$119,532

$2�885,00

$53,971..25

Total

$215,885.oo _ �o

JSuenpetember

$53,,9711..25	$0.00	

$53,,9711..25