Reunion East Community

Development District

Agenda

April

11,

2019

Reunion

East

Community Development District

135

W. Central Blvd., Suite

Phone: 407-841-5524-

320, Fax:

Orlando FL,

407-839-1526

32801

April

4,

2019

Board of Supervisors

Reunion East Community

Development District

Dear Board Members:

The regular meeting of the Board of Supervisors of the Reunion		
District will be held Thursday, April 11, 2019 at 1:00 p.m. at the		
Center, 7715 Heritage	Crossing Way, Reunion, FL. Following		

East Community Development

Heritage Crossing Community
is the advance agenda for the

meeting:

1. 2. 3. 4.

5.

6. 7. 8. 9.

Roll Call							
Public Comment Period					
Approval of the	Minutes of the March 14, 2019 Meeting					
								
Financing Matters					
A	Consideration of Third Supplemental Assessment	Methodology Report		
	Unexchanged Bonds					
B.	Consideration of					
C.			Resolution 2019-02 Declaring Special Assessments			
	Consideration  of  Resolution  2019-03  Setting	a	Public  Hearing	for		
	Assessments					
Staff Reports							
A	Attorney						
B.	Engineer						
C.	District Manager's Report					
	1.	Action Items Lists					
	ii.	Approval of Check Register					
	111.	Balance Sheet and Income Statement					
								
Other	iv.  Status of Direct Bill Assessments					
	Business						
Supervisor's Requests					
Next Meeting Date					
Adjournment							

for the

Special

The  second  order	of	business  is  the	
opportunity to be heard on propositions	
and any other items.			

Public  Comment  Period

coming before the Board

where the as reflected

public on the

has an agenda,

The third order of business is minutes are enclosed for your

the approval review.

of the

minutes of the

March 14,

2019

meeting.  The

The fourth	order of	
	business is the Financing Matters.  Section A is the consideration of the	
Third Supplemental Methodology for the	
	Unexchanged Bonds.  Section B is the consideration of	

Resolution  2019-02	declaring  special  assessments	and  Section	
Resolution 2019-03 setting a public hearing for special assessments.	
are enclosed for your review.		

C is the Copies of

consideration of both Resolutions

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 lists.  Copies of the lists are enclosed for your		
review.  Section 2 includes the check register for	approval and Section 3 includes the balance		
sheet and income statement for your review.  Section 4 is the discussion	of the	status of the		
direct bill assessment		is enclosed for your		
collections.  A table with the direct bill information			
review.					

The balance of the agenda will questions, please contact me.

be

discussed

at

the meeting.

In

the

meantime,

if

you

have

any

Sincerely,

George S. Flint
District Manager

Cc:

Jan Carpenter, District Counsel

Steve Boyd, District Engineer

Enclosures

M INUTES

MINUTES OF MEETING REUNION EAST COMMUNITY DEVELOPMENT DISTRICT

The  regular	meeting  of the  Board  of Supervisors  of the  Reunion	
Development District was held Thursday, March 14, 2019 at 1:00 p.m. at the	
Community Center,	7715 Heritage Crossing Way, Reunion, Florida.	

East  Community

Heritage Crossing

Present and constituting a quorum were:

Mark Greenstein	Chairman

Don Harding	Vice Chairman

Steven Goldstein	Assistant Secretary

John Dryburgh	Assistant Secretary

Trudy Hobbs	Assistant Secretary

Also present were:

George Flint	District Manager

Andrew d' Ade sky	District Counsel

Alan Scheerer	Operations Manager

John Cruz	CWS Security

Rob Stultz	Yellowstone Landscape

FIRST

ORDER

OF

BUSINESS

Roll Call

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

SECOND

ORDER

OF BUSINESS

Public Comment Period

Mr. Lischynsky:  Today there was a meeting about Poinciana at 5:30 and

it

looks like

they are down to one option and that is to come up the Poinciana Parkway around the railroad

track.

It

looks like they intend to cut across behind Reunion in the future.  Is that the land swap

that was talked about a year ago between Reunion and the County for exchange? Is that still on or has that been dropped?

Mr. Flint:

I

don't

know

anything about it.

Mr.

d'

Adesky:

We

didn't

do a land swap with the County.  Maybe you are talking about

an interlocal agreement with the County but that was about landscape maintenance.

March 14,2019		Reunion East CDD		
				
Mr. Harding:  If you are talking about the ultimate connection to 429, the Department of		
Transportation is involved with that and we haven't heard anything as to alternatives.		
Mr. Flint:  The initial study looked at up to 532 and then from 532 to I-4, they eliminated		
this segment in their study.  We don't know what the options are going to be getting :from 532 to		
I-4 or to 429.  The CDD has not been involved in any discussions	of land swap or anything		
dealing with extension of Poinciana Parkway or anything else that I'm aware of.		
Ms. Lavigne:  We were wondering about people cutting through in front of us before we		
get to the gate.	Is it possible to have cars get closer to the gate so people can't cut in front of		
you?				
Mr. Greenstein:  You will end up with people stuck in front of you and you will have no		
way to get out.  You need a little room between the reader and the gate.  You will find people		
who hover, waiting to piggyback on someone and you can go through very slowly and give the		
bar a chance to come down and they won't be able to tailgate you.			
Mr. Flint:  You can call the description and tag number into security and have them try to		
find them.				

THIRD ORDER OF BUSINESS

Approval of the Minutes
2019 Meeting

of

the February 21,

Mr. Greenstein: On page 4, it says the area along Sinclair Road, the median, property. The word "if' needs to be placed ih there, if we worked out an agreement. sound like we have an agreement with the County.

On MOTION by Mr. Greenstein seconded by Mr. Dryburgh with all in favor the minutes of the February 21, 2019 meeting were approved, as amended.

is County It makes it

FOURTH

ORDER

OF

BUSINESS

Review and Acceptance
2018 Audit Report

of

Draft Fiscal Year

Mr. Flint:  The CDD as a governmental entity is required to have an annual independent

audit performed.  You selected McDirmit Davis to perform the independent audit.

A draft

of

the

audit report is included letter and as we noted through and trifurcated

in your agenda. I will note on page 31, that is the management comment each year, we still have an issue because the default when we went the bonds to segregate the performing bonds from the non-performing

2

March

14,

2019

Reunion East CDD

bonds, the	bondholder chose	to	set aside debt that was not	assigned to any specific property.		

That is the issue we are going to be talking about on the financing matters, item	5.	They set		
aside a certain amount of bonds with no pledged revenue for repayment of those bonds and those		
are  sitting  out there  with no  source  of	repayment  and  as	a result  it triggers  these  ongoing		
									
comments in the audit report.  Those will continue until either those bonds are assigned to a		
property or the							As a result	of that being out there, there are a		
	bondholder writes that debt off.				
couple issues noted, one is, the District's failure to make bond service payments when due.  The		
reason  the  note  is  in  there	is	because  the  bondholders  chose  to  set  them  aside  with	no		
corresponding land pledged.	We have done everything we can	do	as far as	that issue goes.	It		
also triggers a reserve account	requirement note.	The District	is	required to have one-year's		
										
maximum debt service set aside.  During the downturn in the economy when Ginn was involved		
and the bonds were defaulted on, the bondholder chose to tap those debt service reserve accounts		
so the balances in those accounts don't meet the 100% debt service reserve requirement	so that is		
another comment in here.  Again, the District doesn't have any proactive responsibility to go out		
and replenish those	accounts.	We are not going to assess the remaining residents within the		
					
community	to bring that account up to 100%.  There is a flow of	funds that if	in certain accounts		
money is remaining after debt is paid it will	eventually flow into those reserve accounts but other		
									
than that we don't have a proactive responsibility.	Eventually when the bondholders deal with		
											
this unassigned debt these	comments will	go away.	We	had similar comments in Reunion West		
								
and with the refinancing of their bonds, Reunion West has been cleaned up.	There aren't any		
remaining comments there.																	
As far as all the other issues, they haven't found	anything dealing with mismanagement		
												
of funds, internal control issues or any of those things, it is clean in that respect.	You are just		
limited to the issue with the debt service reserve account.										

On MOTION by Mr. in favor the Fiscal authorized to transmit

Greenstein seconded by Mr. Harding with all Year 2018 Audit was accepted and staff the final document to the State of Florida.

FIFTH ORDER OF BUSINESS	Financing Matters	

A.

Consideration of Third Supplemental Assessment Methodology Report for the Unexchanged Bonds

3

March

14,

2019

Reunion East CDD

B. C.

Consideration

Consideration

Assessments

of Resolution 2019-02 Declaring

of Resolution  2019-03  Setting

Special Assessments

a Public  Hearing  for  Special

	Mr.	d' Adesky:	Pursuant to	a discussion with both Counsel for the Trustee as well as		
						
newly	engaged  Counsel  for  Kingwood,  we	decided to  put this  item  off.   Kingwood's  new		

Counsel needs some time to review	it.  I think both sides have acknowledged there is a potential		
for further change in the	development plan, which might modify how we do our methodology.		
						
We are bumping these items to a future meeting date.  We need to get this cleaned up and have		
made it clear that we want this	resolved in this fiscal year.  All three items will be tabled to a		
							
future meeting.							
SIXTH ORDER OF BUSINESS		Staff Reports		
	A.	Attorney							
	There being none, the next item followed.		

B.

Engineer

There being none, the next item followed.

C.

Manager	
i.	Action Items List	

		Mr.	Flint:  The first item is on hold pending	discussions between Kingwood, the Water		
							
Management District and Toho.  We are keeping the 532 costs on there but indicating they are on		
hold.	Mr.	Greenstein and I have a meeting with				
			representatives of the Resort after the meeting		
today	to talk about the MSA.  We may know more prior to the next Board meeting.  With the		
change	in	ownership  there  is  a  loss  of traction  on  that  issue  so  we  will  meet  with  their		
					
representatives to try to get that moving again.  The next two items have been completed.  Where		
are we	with				
			replacing faded signs and painting the poles?		
		Mr.	Scheerer:  The painting of the poles is	ongoing, and they are doing a great job.  We		

are down to  a couple of yield signs and dead end signs and those  will be replaced as they		
continue to	go through the poles.				
		Mr.	Flint:  Item six is a				
			recommendation on the need for any additional speed limit signs.		
		Mr. Dryburgh:  After				
			consulting with the patrol officers one big problem spot is the front		
side of	Grand Traverse way before the bridge.				

4

March 14, 2019

Reunion East

CDD

Mr.  Scheerer:   John reports  every week on the average	
maybe he can give us some recommendations.	
On MOTION	by Mr. Greenstein seconded by Mr.	
in  favor  staff	was  authorized  to  purchase  three	
speed limit signs.	

speeds in	the community and	
Harding with all	
additional	radar	

Mr. Flint:  Do you want to give an update on the Sinclair	Road gate?	
Mr. Scheerer:	I was working on that with Steve Boyd,	we looked at that area, there is	
some crosshatch striping  before  the  first  island and  Steve  is  going to  have to  give  us  some	
recommendations on	if we need to remove some of that to create the second lane and whether we	
have enough space available on the exit side to not impede two lanes directly in on the entry	
side.  Fausnight Stipe and Line looked at it, but they haven't gotten back to me yet.   Steve is	
going to be the one to make that recommendation on changing the traffic pattern.	
Mr. Flint:  His initial reaction was there was not enough space, but he was going to look	
at it.			

ii.

Approval

of

Check Register

On MOTION by Mr. Greenstein seconded in favor the check register was approved.

by

Mr. Harding with all

iii.

Balance Sheet and Income Statement

A

copy

of

the balance sheet and income statement were included in the agenda package.

iv.

Status

of

Direct Bill Assessments

A copy

of

the

status

of

direct bill assessments was included in the agenda package.

SEVENTH ORDER OF BUSINESS	Other Business

There being none, the

next

item followed.

EIGHTH ORDER OF BUSINESS	Supervisor's Requests

Mr.  Greenstein:   The park was not designated a park because there were some safety

issues, and I would like to see what we can do to enhance it.

Ms. Hobbs: I will take the lead on the project to come up with ideas and probable costs.

5

March

14,

2019

Reunion East

CDD

Mr. Flint:	We can do playgrounds  if there is a location that we	
potentially convey the trailhead to the Master Association and they can do	
they can do it.  We can enter into an agreement or easement and have them	
want to handle it.	We have funds available.	
Mr. Scheerer:  In the interim I will work with Yellowstone to get the	

control. We could it. We can do it, or do it. However, you

area cleaned up.

NINTH ORDER OF BUSINESS	Next Meeting Date

The next meeting date is April 11, 2019 at

1:00

p.m.

TENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Harding seconded by Mr. Dryburgh with all in

favor the meeting adjourned at 1:57 p.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman	

6

SECT-ION

IV

SECTION

A

SPECIAL

THIRD SUPPLEMENTAL ASSESSMENT ALLOCATION

REPORT

REUNION EAST

COMMUNITY DEVELOPMENT

DISTRICT

UNEXCHANGED SPECIAL ASSESSMENT BONDS, SERIES 2002A-2 AND SPECIAL ASSESSMENT BONDS, SERIES 2005

Dated March

14

:2019

Governmental ·  anagement Services-Central Florida,

135 W. Central Boulevard, Suite 320

Orlando, Florida 32801

LLC

1.0 2.0 3.0 4.0 5.0

6.0

7.0 8.0

Table of Contents

Introduction	... ..	..	... .	..	2

Defined Terms .. ...	.. ....	.. ..... ...	..	... ....	..	.. .. ......	.. ...	2

Background Information	.	..	..	5

Summary of Proposed Restructuring	..	6

Pledge of Series 2002A-2 Assessments	7

Allocation of Original Series 2002A-2 Assessments	7

Pledge and Allocation of Series 2005 Assessments	7

Assessment Roll	8

Table

1 -

Financing

Information

-

nexchanged

Serie

2002

-2

B.ond

Table

2 -

Assessment

!location -

Uoexchanged

erie

2002A-2

Bonds

Table 3 -	sse sment Allocation -  Past Due	nexcbanged Serie	
Table 4 -	As essment Roll -  Unexhanged Series 2002A~2 Bonds	

2002	-2 Bond	

1

1.0

Introduction

This Third Supplemental Special Assessment Allocation Report ("Report") has been prepared for		
the Reunion East Community Development	District, a local unit of special purpose government		
established in accordance with Chapter 190,			
	Florida Statutes, in anticipation of confinning and		
allocating Original Series 2002A-2 Assessments on certain properties  specifically detailed in		
Table 2.	The Original Series 2002A-2 Assessments secure the Unexchanged Series 2002A-2		
Bonds.				
In May	of 2016,  the  Trustee's  Counsel submitted a  letter to  the  District identifying certain		
parcels that may be subject to District debt assessments for the Series 2002A-2 and Series 2005		
Bonds.	As  a result  of this  Trustee  letter,  the  District  retained  Governmental  Management		
Services -  Central Florida, LLC to prepare this Report and apply the methodology adopted by		
the District in the Original Assessment Report and the benefit of the Master Improvements and		
Total Project enjoyed by each parcel.  Through this Report, the District seeks to confirm and		
allocate a portion of the remaining principal	of the Unexchanged Series 2002A-2 Bonds and, to		
the extent the Unexchanged Series  2002A-2 Bonds  (as secured by assessments)  are entirely		
allocated, to allocate the remaining principal	of the Unexchanged Series 2005 Bonds.		

2.0	Defined Terms

"Benefited Parcels" - Parcels of land within the District that receives special benefit from the	
acquisition and/or construction of the Master Improvements.	
"Board" -	Board of Supervisors for the District.	
"Bonds" -	Special assessment bonds issued during the life of the project for the construction	
and/or acquisition of		
	improvements that provide special benefit to the lands within the District.	
"Bond Anticipation Notes" - Special Assessment Bond Anticipation Notes issued in December	
of2001 in the amount of $10,000,000.		
"District" - Reunion East Community Development District.	
"Equivalent Assessment Unit" - (EAU) An estimate  of the relationship between the product	
types, based on a comparison of the land area of each product, and is used as a comparison of the	
estimated benefit received by each product type.	
"Exchanged Bonds" -  Collectively, the Exchanged Series 2002A-2 Bonds (hereinafter defined)	
and the Exchanged Series 2005 Bonds (hereinafter defined).	
"Exchanged  Series  2002A-2  Bonds"  -	Series  2002A-2  Bonds  in  the  principal  amount  of	
$8,795,000 to be presented for cancellation in exchange for $7,245,000 of Series 2015-1 Bonds	
(hereinafter defined) and $1,550,000 of Series 2015-3 Bonds (hereinafter defined).	

2

"Exchanged Series 2005 Bonds" - Series 2005 Bonds in the principal amount of $10,440,000 to		
be presented for cancellation in exchange for		$8,475,000 of Series 2015-2 Bonds (hereinafter		
defined) and $1,965,000 of Series 2015-3 Bonds.						
"Indenture" -											2002.		
	Collectively, the Master Trust Indenture dated March 1,			
"Master  Improvements"  -  The  acquisition  and/or	construction  of	certain  infrastructure  that		
provides special benefit to all parcels within the District.				
"Original Assessments" -  The Original Series 2002A-2 Assessments (hereinafter defined) and		
the Original Series 2005 Assessments (hereinafter defined).				
"Original Series 2002A-2 Assessments"	-Debt		assessments levied by	the District pursuant to the		
Original Series 2002  Assessment Resolutions  and pledged to pay debt service on the  Series		
2002A-2 Bonds.														
"Original Series 2005 Assessments"	-	Debt	assessments levied by the District pursuant to the		
Original Series 2005 Assessment Resolutions and pledged to pay debt service on the Series 2005		
Bonds.															
"Original Series 2002 Assessment Resolutions" -	Resolution Nos. 2002-22, 2002-23, adopted by		
the Board on March 15, 2002, and 2002-24 adopted by the Board on July 29, 2002.		
"Original Series 2005 Assessment Resolutions" -	Resolution Nos. 2002-22, 2002-23, adopted by		
the  Board  on  March  15,  2002,  and  2002-24  adopted  by  the  Board  on  July  29,  2002  and		
Resolution No. 2005-04 adopted by the Board on March 10, 2005.				
"Original Series 2002 Bonds"	- Special		Asses:Sment Bonds issued in July of 2002 to fund the		
acquisition and/or construction	of certain Master	Improvements and retire the Bond Anticipation		
Notes. The Original Series 2002 Bonds were					
	trifurcated in January 2012, resulting in, among		
other things,  $34,000,000  Special Assessment  Bonds,  Series  2002A-1	(the  "Series 2002A-l		
Bonds"),  $15,070,000  Special  Assessment  Bonds,  Series  2002A-2	(the  "Series  2002A-2		
Bonds"), and $40,000 Special Assessment Bonds, Series 2002A-3 (the "Series 2002A-3 Bonds")		
under the Original Series 2002A~2 Indenture (hereinafter defined).				
"Original Series 2002A-2 Indenture" -	Collectively, the Master Trust Indenture dated March 1,		
2002, as amended and supplemented by that certain First Supplemental Trust Indenture dated		
August 1, 2002, and amended and restated as	of	January 1, 2012.				
"Original Series 2005  Indenture"  -	Collectively, the Master  Trust Indenture  dated March  1,		
2002, as	amended and supplemented by that certain Third Supplemental Trust Indenture between		
the District and the Trustee dated as of March 1,	2005.				
"Prior Assessments" -  The  Series 2002A-2 Assessments (hereinafter defined) and the Series		
2005 Assessments (hereinafter defined) .											
"Prior Assessment Report" -  The Final Special Assessment Allocation Report Reunion East		
Community Development District Special	Assessment Bonds, Series 2002A, dated July 31 , 2002,		

3

as	amended and supplemented by the Final First			
			Supplemental Special Assessment Allocation	
Report Reunion East Community Development District Special Assessment Bonds, Series 2002A,	
Special	Assessment  Bonds,  Series  2005,	dated  March  10,  2005,  prepared  by  Rizzetta	&	
Company, Inc., which together, was the allocation	methodology report used as the basis for	
allocating the Original Series 2002A-2 Assessments and the Original Series 2005 Assessments.		

"Restructuring" -	The	restructuring of a portion of the Series 2002A-2 Bonds and Series	
Bonds and related special	
of that certain		assessments to reflect the current economic environment and the	
Restructuring Agreement (hereinafter defined).	

2005 terms

"Restructuring Agreement" - That certain Restructuring Agreement the District, U.S. Banlc National Association (as trustee for the Series 2005 Bonds), SPE (hereinafter defined), and Citicommunities, LLC.

entered to by and between 2002A-2 Bonds and Series

"Series 2002A-2 Assessments" - Debt	assessments levied by the District pursuant to the Original		
Series 2002 Assessment	Resolutions and pledged to pay debt service on the  Series 2002A-2		
Bonds, less and except that portion of the  Series 2002A-2 Assessments pledged to pay debt		
service on the Series 2015-1  Bonds and Series 2015-3  Bonds after the Restructuring (which		
assessments  are	hereinafter  defined  as  the  Series  2015-1  Assessments  and  Series  2015-3		
Assessments, respectively).					
"Series 2002A-2 Bonds" -  Special Assessment Bonds	exchanged in 2012 for a portion of the		
then							
							
outstanding Original Series 2002 Bonds, which bonds, as of the date hereof, are outstanding		
in the principal amount of $15,070,000.			
"Series 2005 Assessments" - Debt	assessments levied by the District pursuant to the Original		
Series 2005 Assessment	Resolutions and pledged to pay debt service on the Series 2005 Bonds,		
less and except that portion of the Series 2005 Assessments pledged to pay debt service on the		
Series 2015-2 Bonds and Series 2015-3 Bonds after the Restructuring (which assessments are		
hereinafter defined as thG	Series 2015-2 Assessments).			

"Series 2005 Bonds" - Special Assessment Bonds issued in 2005	to	
construction of certain Master Improvements, which bonds, as of the	
in the principal amount of $1.8,115,000.		

fund the acquisition and/or date hereof, are outstanding

"Series  2015  Assessments"  -	Collectively,	the  Series  2015-1	Assessments,  Series  2015-2	
Assessments, and Series 2015-3 Assessments.			

"Series 2015-3

2015 Bonds" Bonds issued

- Collectively, pursuant to the

the Series 2015-1 Bonds, Series 2015-2 Bonds, and Series
Indenture-:-

"Series 2015-1 Bonds" -  Current interest Special Assessment		
amount	of		
portion	$7,245,000 issued for an approximately nineteen		
	of the outstanding Series 2002A-2 Bonds.		

Refunding Bonds in the principal (19) year term in exchange for a

4

"Series 2015-2 Bonds" -  Current interest Special Assessment Refunding Bonds in the principal	
amount	of $8,475,000 issued for an approximately twenty-two (22) year term in exchange for a	
portion of the outstanding Series 2005 Bonds.		
"Series 2015-3 Bonds" -  Current interest Special Assessment Refunding Bonds in the principal	
amount	of $3,515,000 issued for an approximately nineteen (19) year term in exchange for a	
portion	of the outstanding Series 2002A-2 Bonds and a portion of the outstanding Series 2005	
Bonds.			
"Total  Project"  -  Acquisition  and/or  construction  of approximately  $56,520,000	of Master	
Improvements, including onsite and offsite, that provide benefit to all Benefited Land within the	
District.			
"Unexchanged Bonds" -The Unexchanged Series 2002A-2 Bonds (hereinafter defined) and the	
Unexchanged Series 2005 Bonds (hereinafter defined).		
"Unexchanged Series 2002A-2 Bonds" -  Series 2002A-2 Bonds not exchanged for Series 2015	
Bonds or otherwise canceled prior to or contemporaneously with issuing the Series 2015 Bonds.	
"Unexchanged Series 2005 Bonds" -  Series 2005 Bonds not exchanged for Series 2015 Bonds or	
otherwise canceled prior to or contemporaneously with issuing the Series 2015 Bonds.		
3.0	Background Information		
The District was created pursuant to the Uniform Community Development District Act of 1980,	
Chapter	190, Florida Statutes, as amended (the "Act") and by Ordinance No. 01-31	of Osceola	
County, Florida, effective October 3, 2001, and e¥panded by Ordinance No. 05-26	of Osceola	
County, Florida on July 22, 2005 (collectively, the "Ordinance"). The District, as	expanded,	
encompasses approximately 1,278 acres and is located wholly within the unincorporated area of	
Osceola County, Florida ..		
In July 2002, the District issued its Original Series 2002 Bonds to, among other things, pay all	
amounts due and owing on the Bond Anticipation Notes and finance the cost of the Series 2002	
Project	(as defined  in the  Original  Series 2002A-2 Indenture).  In January 2012, the  District	
trifurcated the Original Series 2002 Bonds into three separate series of bonds, of which only the	
Series 2002A-1 Bonds and Series 2002A-2 Bonds remained outstanding.  The Series 2002A-1	
Bonds, and the assessment securing the same, remain unaffected by this Report.   The Series	
2002A-2 Bonds were payable and secured by the Original Series 2002A-2 Assessments, which	
were levied on real property within the boundary of the District specially benefited by the Total	
Project in accordance with the Prior Assessment Report.		
In February 2005, the District issued its Series 2005 Bonds to, among other things, finance the	
cost	of the Series 2005 Project (as defined in the Original Series 2005 Indenture).	The Series	
2005 Bonds were payable and secured by the Original Series 2005 Assessments, which were	
levied on real property within the  boundary of the  District specially benefited by the Total	
Project in accordance with the Prior Assessment Report.		

5

Infrastructure	improvements  funded  with  proceeds  of the  Bond Anticipation Notes,  Original	
Series 2002 Bonds and Series 2005 Bonds are described in the Prior Assessment Report.	
Due to a failure of certain owners of certain lands ("Delinquent Lands") to pay Original Series	
2002A-2 Assessments and Original Series 2005 Assessments when due, the District was unable	
to pay debt service on the Series 2002A-2 Bonds and Series 2005 Bonds thereby resulting in	
Event(s) of Default (as defined in the Original Series 2002A-2 Indenture and Original Series	
2005 Indenture). To cure the Events of Default as to a portion of the Series 2002A-2 Bonds and	
Series  2005  Bonds  and  resolve  any  and  all  matters  relating  thereto,  including  litigation	
commenced by the District to foreclose the Original Series 2002A-2 Assessments and Original	
Series 2005 Assessments on the Delinquent Lands pursuant to Chapter 170, Florida Statutes, the	
District and Trustee  entered into the Restructuring Agreement which provided,  among other	
things, for (i) issuance of the Series 2015 Bonds in exchange for a portion of the Series 2002A-2	
Bonds and a portion of the Series 2005 Bonds, which Exchanged Bonds were canceled; (ii) the	
pledge of certain Original Assessments to the Series 2015-1  Bonds; (iii) the pledge of certain	
Original  Assessments  to  the  Series  2015-2  Bonds;  and  (iv)  the  pledge  of certain  Original	
Assessments to the Series 2015-3 Bonds.	

4.0	Summary of Series 2015 Bond Restructuring

Pursuant to the Restructuring Agreement, the District Indenture) of Special Assessment Refunding Bonds for the following general characteristics:

issued three (3) Series (as defined in the the Exchanged Bonds, which bonds have

(i)

Series  2015-1	Bonds:  Current  interest  bonds  issued  in  the  principal  amount  of	
$7,245,000, with a coupon interest rate of 6.6% and a final maturity of May 1, 2033.	
The Series 2015-1 Assessments are pledged to pay debt service on the Series 2015-1	
Bonds.		

(ii)

Series 2015-2 l3onds: Current interest bonds issued in the principal amount of $8,475,000, with a coupon interest rate of 6.6% and a final maturity of May I, 2036. The Series 2015-2 Assessments are pledged to pay debt service on the Series 2015-2 Bonds.

(iii)Series  2015-3	Bonds:  Current  interest  bonds  issued  in  the  principal  amount  of	
$3,515,000, with a coupon interest rate of 6.6% and a final maturity of May 1, 2033.	
The Series 2015-3 Assessments are pledged to pay debt service on the Series 2015-3	
Bonds.		
Additional  information  regarding  the  Series  2015  Bonds  may  be  found  in  the  Exchange	
Information Memorandum dated June 4, 2015.	
Upon the issuance of	the Series 2015 Bonds for the Exchanged Bonds, the Exchanged Bonds	
were  cancelled  and  the  remaining  Unexchanged  Bonds  remain  outstanding  in  the  principal	
amount of $6,275,000  Series 2002A-2  Bonds and $7,675,000 Series 2005  Bonds.  The Prior	
Assessments remain the security for the Unexchanged Bonds and the District herein confirms	
that the  methodology provided for  in the  Prior Assessment Report  shall  continue to  be the	
method utilized for  allocation the Prior Assessments to  the lands  securing the  Unexchanged	

6

Bonds and additional allocation methods incorporated in this Report for properties developed	
that were not contemplated in the Prior Assessment Report .		
The District is allocating a portion of the remaining assessments securing the principal	of the	
Unexchanged Series 2002A-2 Bonds to certain developable property, detailed in Table 3,	which	
property had not previously been  allocated  assessments  and has benefitted from  the Master	
Improvements and Total Project as detailed in the Prior Assessment Report.   As a note, the	
allocation of debt service assessments to  satisfy the remaining principal of the Unexchanged	
Series 2002A Bonds will be allocated first, until full satisfaction of the Series 2002A Bonds can	
be achieved, then to which such allocation is made to satisfy the remaining principal	of the	
Unexchanged Series 2005 Bonds.		

5.0

Pledge

of

a Portion

of

Series 2002A-2 Assessments

The  Original  Series  2002A-2	Assessments  were  outstanding  in  the  principal  amount	of	
$15,070,000. A portion of the Original Series 2002A-2 Assessments ($8,795,000) have been	
allocated to  securing the  Series 2015-1  Bonds  and  Series 2015-3  Bonds.	A portion of	the	
remaining Original Series 2002A-2 Assessments pledged to secure Unechanged Series 2002A-2	
Bonds will be allocated to certain properties detailed in Table 2.			
f				

6.0

Allocation

of

Original Series 2002A-2 Assessments

As noted above, the Original Series 2002A-2 Assessments pledged to secure the Unexchanged	
Series 2002A-2 Bonds will be allocated to	pr-ope.rties	detailed in Table 2 for which properties	
have benefitted from  the  Master	Improvements.	A portion  of the  Original  Series 2002A-2	
Assessments securing a portion of the	Unexchanged Series 2002A Bonds will be assigned to the	
properties based upon the Prior Assessment Report.		As part of the overall review, based upon	
the actual development of the golf course property, it has been determined that the golf course	
properties  receive  more  benefit  than  originally  assigned  in  the  Prior  Assessment  Report.	
Therefore,  additional  Original Series 2002A-2 Assessments will be assigned the golf course	
properties utilizing a square footage basis from the Prior Assessment Report applied in a manner	
commensurate with the benefit received by those properties, as supposed by data from similar	
Florida golf courses subject to assessments.  Further, while the golf course parcels formed part of	
a  single	development  plan  at  the  time	of  the  Original  2002A-2  Assessments  and  Prior	
Assessment Report and thus are assessed as	a whole.  There remains one undeveloped parcel that	
is 2.21	acres and could be developed.   Due to lack	of development plan for this parcel, the	
District	is	initially assigning 8.84 units based upon 4 units per acre or approximately  17,680	
commercial  square  feet.   The  District  will  assign  the  permanent  Original  Series  2002A-2	
Assessments at the time the parcel	is actually developed.	

7.0

Pledge and Allocation of Series 2005 Assessments

The  remaining  unexchanged	principal  balance  of	
approximately  $7,675,000.	As	the  debt  service	
developable parcels identified	in	this report is fully	

the  Unexchanged  Series  2005  Bonds	is	
assessments  from  the  certain  unassessed	
allocated to the remaining principal of	the	

7

Unexchanged Series 2002A Bonds, no additional pledge or allocation Assessments can be made at this time.

of

the  Series  2005

8.0	Assessment Roll

The assessment roll reflecting the allocation portion of the Unexchanged Series 2002A-2

of Original Series Bonds on Table.

2002A-2 Assessments securing a

8

Reunion

East

Unexchanged

Community Development District Special Assessment Bonds, Series 2002A-2 And Series 2005 Bonds

Table 1: Financing Information - Unexchanged Series 2002A-2 Bonds and Series 2005 Bonds

Series 2002A-2 Bonds

Principal Amount

Coupon Rate

Dated Date

Maturity Date

Principal Amount

Coupon Rate

Dated Date

Maturity Date

$2,170,000	
7.	20%	
1/12/12	
1-May-22	
$4,105,000	
7.375%	
1/12/12	
1-May-33	

Series 2005 Bonds

Principal Amount

Coupon Rate

Dated Date

Maturity Date

$7,675,000 5.80% 3/1/05 1-May-36

				Reunion East				
			Community Development District			
			Unexchanged Special Assessment Bonds, Series 2002A-2		
		Table 2: Allocation of					
			Assessments - Unexchanged Series 2002A-2 Bonds		
Parcel ID#	Building		Commercial EAU's	Rate Per	Gross Annual	Net Annual		
	Square Feet	!Per 1,000 S9. Ft.}	EAU	Assessments	Assessments (1)		

ParDebt(2!	ParDebt (3)

Principal

Reduction

27-25-27-2985-PRCL-0WP0 27-25-27-2985-PR0.-0020 27-25-27-2985-PRO.-0P20 35-25-27-4857-0001-0016 35-25-27-4857-0001-0017 35-25-27-4858-TRAC-0035 35-25-27-4882-PRCL-0G 15 3S-25-27-4859-PR0.-02A2

75,498 5,102 5518 33,074 33,074 1,170 5.433 1,764

/

75.50 5.10 5.52 33.07 33.07 1.17 5.43 1.76

$925	$69,836	
$925	$4,719	
$925	$5,104	
$925	$30,593	
$925	$30,593	
$925	$1,082	
$925	$5,026	
$925	$1,632	

65,646 4,436 4,798 28,758 28,758 1,017 4,724 1,534

740,937	596,057	
50,071	40,280	
54,154	43,565	
324,588	261,119	
324,588	261,119	
11,482	9,237	
53,319	42,894	
17,312	13,927	

144,881 9,791 10,589 63,469 63,469 2,245 10,426 3,385

34-25-27-4012-0002-0030	18,726	
Less: EAU's Assigned Series 2015A Bonds*	
34-25-27-4012-0002-0030		
35-25-27-4894-PRCL-0140	0.00	
Jrotal		

	18.73	
~' (2.90)	
'	15.83	
	8.84	
	185.30	

$925 $925 $925

$925 r_:

)
/

$17,322 ($2,683) $14,639

$8,177

~,402

16,282 ($2,522) 13,761

7,686

161,117

183,777	147,842	
($28,461)	{$22,896)	
155,316	124,946	
86,756	69,792	
1,818,524	1,462,936	

35,93S ($5,565} 30,370

16,964

355,589

(1) Net annual assessments exdusiVe of 4%	early payment discount and 2% collection cost.		
{2)	Represents the par debt per unit through Fiscal Year 2009 which is the last Fiscal Year in which annual Debt Assessments		

were paid in full.			
(3)	Represents the adjusted par debt after receipt of payment for Series 2002A-2 Assessments for Fiscal Year 2010 through Fiscal		
			
*Golf course previously	EAU'S vs building square feet of structures,  After further review and analysis the		
	assessed based upon 2.9			
Consultants			
	determined the amount of benefit and assignment of debt assessments was insufficient.		

Year 2016.

Assessment

Parcel ID#

			Reunion East							
	Community Development District						
Unexchanged Special Assessment Bonds, Series 2002A-2					
Table 3:	Calculation of Past Due Assessments					
							
Gross Annual										
Assessments	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016		

FY .2017

PY2018	Total	

27-25-27-2985-PRCL-OWPO 27-25-27-2985-PRCL-0020
27-25-27-2985-PRO.-OP20 35-25-27-4857-0001-0016 35-25-27-4857-0001-0017 35-25-27-4858-TRAC-0035 35-25-27-4882-PRCL-OGlS

I I I I I I

$69,836

$4,719

$5,104

$30,593

$30,593

$1,082

$5,026

$69,836	$69,836	$69,836	$69,836	$69,836	$69,836	$69,836	
$4,719	$4,719	$4,719	$4,719	$4,719	$4,719	$4,719	
$5,104	$5,104	$5,104	$5,104	$5,104	$5,104	$5,104	
$30,593	$30,593	$30,593	$30,593	$30,593	$30,593	$30,593	
$30,593	$30,593	$30,59'3	$30,593	$30,593	$30,593	$30,593	
$1,082	$1,082	$1,082	$1,082	$1,082	$1,082	$1,082	
$5,026	$5,026	$5,026	$5,026	$5,026	$5,026	$5,026	

$69,836

$4,719

$5,104

$30,593

$30,593

$1,082

$5,026

$69,836	$628,521	
$4,719	$42,474	
$5,104	$45,937	
$30,593	$275,341	
$30,593	$275,341	
$1,082	$9,740	
$5,026	$45,230	

[

35-25-27-4859-PRCL-02A2

34-25-27-4012-0002-0030 35-25-27-4894-PRCL-0140

Total

	$1,632	$1,632	$1,632	$1,632	$1,632	$1,632	$1,632	$1,632		
I	$14,639	$14;639	$14,639	$14,639	$14,639	$14,639	$14,639	$14,639		
I	$8,ln	$8,177	$8,177	$8,177	$8,177	$8,177	$8,177	$8,177		
										
	$171,402	$171,402	$171,402	$171,402	$171,402	$171,402	$171,402	$171,402		

$1,632

$14,639

$8,ln

$171,402

$1,632	$14,685	
$14,639	$131,751	
$8,177	$73,593	
$171,402	$1,542,614 1	

Parcel

ID#

		Reunion East			
	Community Development District			
Unexchanged Special Assessment Bonds, Series 2002A-2		
Table 4:	Assessment Roll -			
		Unexchanged Series 2002A-2 Bonds		
Owner	/~............	Gross Annual	Net Annual		
		k;sessments (1)	k;sessments (2)		

Par Debt (3)

Par Debt  (4)

1 2 3 4 5 6 7

27-25-27-2985-PRCL-0WP0 27-25-27-2985-PRQ.-0020 27-25-27-2985-PRCL-0P20 35-25-27-4857-0001-0016 35-25-27-4857-0001-0017 35-25-27-4858-TRAC-0035 27-25-27-2985-TRAC-0GlO

LRA Orlando, LLC	$69,836	$65,646		
				
LRA Orlando, lLC	~~					
	)'/	'		$4,719	$4,436		
LRA Orlando, LlC							
				$5,104	$4,-798		
LRA Orlando, LLC				$30,593	$28,758		
							
LRA Orlando, LLC				$30,593	$28,758		
LRA Orlando, LLC							
				$1,082	$1,017		
LRA Orlando, LLC							
		(5)	_,..,.	$0	$0		

740,937 50,071 54,154 324,588 324,588 11,482 $0

596,057 40,280 43,565 261,119 261,119 9,237 $0

8 9 10 11

27-25-27-2985-TRAC-OG 20 27-25-27-2985-PRCL-0020 35-25-27-4857-001-00G 5 35-25-27-4883-PRCL-0G 10

LRA Orlando, LLC

LRA Reunion Golf

LRA Reunion Golf

LRA Reunion Golf

Course,

Course,

Course,

LLC LLC LLC

(S) (5) (5) (5)

(	$0		
			
'$ff $0 $0

A

$0 $0 $0 $0

$0 $0 $0 $0

$0 $0 $0 $0

12 13 14

35-25-27-4884-PRCL-OGl0 35-25-27-4885-PRCL-0Gl0 35-25-27-4886-PRCL-0Gl0

LRA Reunion Golf Course, LLC	(S)	$0	·~	$0			
							
LRA	{S)	$0		$0			
Reunion Golf Course, LLC					~ ..		
LRA	{5)	$0		$0			
Reunion Golf Course, LLC							

$0 $0 $0

$0 $0 $0

(1)	Includes 6%	for discounts and collection cost.			
(2)	Excludes 6%	for discounts and collection cost.			
(3)	Current par debt that would be allocated to property.			
				
(4)	Remaining par debt after payment of past due assessments.			
(5)	Golf Course fairways.  Benefit based upon square footage of	golf course buildings.		

Parcel

ID#

Reunion East

	Community Development District			
Unexchanged Special Assessment Bonds, Series 2002A-2		
Table 4: Assessment Roll - Unexchanged Series 2002A-2 Bonds		
Owner	/r	Gross Annual	Net Annual		
		Assessments (1)	Assessments (2)		

Par

Debt

(3)

Par

Debt

(4)

15

35-25-27-4882-PRCL-0GlS

LRA Reunion Golf Course, lLC	(5)	

$5,026

$4,724

53,319

42,894

16 17 18 19 20

35-25-27-4859-PRCL-02A2 35-25-27-4894-PRCL-0140 34-25-27-4012-0001-0030 34-25-27-4012-0001-0033 34-25-27-4012-0002-0010

LRA Orlando, LLC

LRA Orlando, LLC

LRA Orlando, llC LRA Orlando, LLC LRA Orlando, LLC

-~~ V

('6) f6) (6)

....

$1,632 $8,177 $0 $0 $0

$1,534 $7,686 $0 $0 $0

17,312 86,756 $0 $0 $0

13,927 69,792 $0 $0 $0

21

27-25-27-2985-TRAC-F040 34-25-27-4012-0002-0030

LRA Orlando, LLC	(6)	
LRA Orlando, LLC	(5)(7)	

$0 $14,639

,

.-

'·,

.

$0 $13,761

$0 155,316

$0 124,946

!Total .	lll,402	161,117		

1,818,524

1,462,936

{5)

(6) (7)

35-25-27-4882-PRCL-0GlS	Golf Academy	
34-25-27-4012-0002-0030	Maintenance Building	
34-25-27-4885-PRCL-0C20    Clubhouse	
Total		
Per		
Engineer'sDevelopment Analysis these parcels are not developable.	
The equivilent of 2,900 square feet is securing the Series 2015A Bonds.	

5,433 18,726 7,011 31,170

Series 2002A.-2 U11E!l<Changed	Bonds	
Series 2015A	and Series 2002A-2	Unexchanged Bonds	
Series 2015A	Bonds			

SECTIO

N

8

									RESOLUTION NO. 2019-02											
		A  RESOLUTION		OF	THE	BOARD	OF	SUPERVISORS	OF	THE		
		REUNION		EAST										
							COMMUNITY		DEVELOPMENT	DISTRICT		
		DECLARING  SPECIAL  ASSESSMENTS  ON  CERTAIN  PROPERTY		
		WITHIN  THE  DISTRICT;	INDICATING  THE	LOCATION,  NATURE		
		AND ESTIMATED	COST					
				OF THOSE	IMPROVEMENTS WHOSE COST		
		IS TO BE								
			DEFRAYED BY THE SPECIAL ASSESSMENTS; PROVIDING		
		THE	PORTION	OF		THE ESTIMATED COST OF THE	IMPROVEMENTS		
									
		TO  BE  PARTIALLY DEFRAYED BY THE SPECIAL  ASSESSMENTS;		
		PROVIDING	THE		MANNER		IN	WHICH		SUCH	SPECIAL		
		ASSESSMENTS													
			SHALL		BE	MADE;	PROVIDING		WHEN	SUCH		
		SPECIAL ASSESSMENTS  SHALL BE MADE;  DESIGNATING LANDS		
		UPON  WHICH  THE  SPECIAL  ASSESSMENTS  SHALL  BE  LEVIED;		
		PROVIDING    FOR   AN   ASSESSMENT   PLAT;    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	AN		
										
		EFFECTIVE DATE.										

		WHEREAS,	the	Reunion	East	Community	Development	District	("District")  is		
																		
authorized  pursuant  to  Chapter  190,  Florida  Statutes,  to  undertake,  install,  plan,  establish,		
construct  or reconstruct,  enlarge  or  extend,  equip,  acquire,  operate,  and/or  maintain  certain		
public	infrastructure  improvements  referred  to  as	the	Capital	Improvement	Plan · ("Capital		
Improvement Plan"), which includes certain master improvements which benefit each parcel in		
the District ("Master Improvements") as described in the Engineer's Cost Report, dated July 31,		
2002, as amended and supplemented from time to time (collectively, with all such amendments		
and supplements, the "Engineers Report"); and																
from		WHEREAS,	the District received	correspondence dated May 4, 2016 ("Initial Request")		
	counsel for U.S. Bank National Association in its capacity as trustee (the "Trustee") under		
			
a certain Master Trust Indenture dated	March	1,	2002 (the "Master	Indenture"), as amended and		
																	
supplemented by the First Supplemental Trust Indenture dated August 1, 2002, and the Third		
Supplemental Trust	Indenture dated March 1,	2005, as both may have been amended and further		
							
supplemented from time to time (collectively with the "Master Indenture", the "Indentures")		
which  govern the  District's  $54,145,000  Special Assessment  Bonds,  Series  2002A  ("Series		
2002A  Bonds")  and  $18,880,000  Special  Assessment  Bonds,  Series  2005  ("Series  2005		
Bonds"); and																												
		WHEREAS,	the Initial Request identified parcels of	land									
																					within the District that were		
claimed by Trustee's Counsel to have benefitted from the Capital Improvement Plan and Master		
Improvements yet were currently unassessed by the District; and											

WHEREAS,	pursuant to  Section 9. 03  of the Master	
must be levied by the District against any property benefitting	
from		
proceeds of the Series 2002A and	
	Series 2005 Bonds; and	

Indenture, a special assessment from the improvements funded

Reunion East

Resolution 2019-02 (Declaring Assessments)

1

WHEREAS, the	District engaged in an	investigation	of the	parcels identified in the		
								
Initial Request,  and through subsequent	investigation,  due  diligence	and	discussion with the		
									
Trustee's  and  the  Landowner's  (as defined below)  counsel,	identified				
		certain  of the parcels		
identified  in  the  Initial  Report  as  well  as  other parcels  which the  District  determined  are		
currently unassessed and which have benefitted from the Master Improvements (the "Unassessed		
Property"), more	specifically	identified	in the preliminary assessment  roll	of the Assessment		
Methodology  for  Reunion  East  Community  Development  District,  dated  March  14,  2019		
attached hereto	as	Exhibit "A" and								
				incorporated by reference (the "Assessment Report"); and		

WHEREAS, the	District and Trustee	
Unassessed Property (the "Landowner") and,	
acceptable assessment terms; and	

attempted negotiations	with the landowner of the	
to date, have been unable to arive at a mutually	

WHEREAS,	the Board of Supervisors	of the District	("Board") has determined that the		
District shall	defray the cost of the Master Improvements by the levy	of non-ad valorem special		
assessments	pursuant	on the Unassessed Property within District	in	pursuant to Chapter 190,		
							
Florida Statutes ("Assessments"); and								
								
WHEREAS,		the  District  is	empowered  by  Chapter  190,  the  Uniform  Community		
Development District Act, Chapter 170, Supplemental Alternative	Method of Making Local and		
Municipal Improvements, and Chapter 197, Florida Statutes, to finance, fund, plan, establish,		
acquire,	construct  or  reconstruct,  enlarge  or  extend,  equip,  operate,  and  maintain  the		
Improvements and to impose, levy and collect the Assessments; and			
WHEREAS,		the District hereby	determines that benefits have and will accrue to the		
Unassessed Property	improved, the amount of	those benefits, and that special assessments have		
and will be made in				

		proportion to the benefits received as set forth in the Assessment Report and		
on file at  135 West Central Boulevard,  Suite 320, Orlando, Florida 32801("District Records		
Office"); and											

WHEREAS, exceed the benefits to

the District hereby determines that the Assessments to be levied will not the property improved.

NOW,   THEREFORE,   BE   IT  RESOLVED   BY   THE   BOARD   OF	
SUPERVISORS	OF	THEREUNIONEASTCOMMUNITY	
DEVELOPMENT DISTRICT IN THE OSCEOLA COUNTY, FLORIDA:	

1.

Assessments shall be

levied to defray the

cost

of

the Master Improvements.

2.	The general nature of the Master	
		Improvements is more specifically described in	
the Engineer's Report and in certain plans and specifications on file  at the District Records	
Office.			
3.	The  general  location of the	Master Improvements is shown in the Engineer's	
Report and in plans and specifications on file at the District Records Office.	

4.	The  Assessments  will	defray  approximately		
Master Improvements.			

$

__

_

____

_

for  the

Reunion East

Resolution 2019-02 (Declaring Assessments)

2

5.		The manner  in	which the Assessments  shall be	made  is  contained within the		
Assessment Report,							
	which is attached hereto as	Exhibit "A" and is also available at the District		
Records Office.					

6.		The	Assessments shall be levied on the Unassessed Property and all other lots and		
lands within the District which are specifically benefitted by the Master Improvements.		
7.		There is on file at the District Records Office,	showing the area to be assessed,		
					
together with plans and specifications describing the Master Improvements, which shall be open		
to inspection by the public.															
8.		The District	Manager has caused to be made a preliminary assessment roll,  in		
accordance with the method	of	assessment described in Exhibit		"A"	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.		
9.		Commencing  with  the  year  in  which  the  Assessments  are  confirmed,  the		
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					
		Assessments is not available to		
								
the District in any year, or the District		to utilize the provisions of Chapter 197,		
									determines not			
Florida Statutes, the Assessments may be collected as is otherwise permitted by law.		
10.		The	Board shall adopt a subsequent resolution to fix a time and place at which the		
owners of	property to be															
Board and	be			assessed or any other persons interested therein may appear before the		
		heard as to the propriety and advisability of the assessments or the making of the		
Master Improvements, the cost	thereof, the manner of payment	therefore, or the amount thereof		
to be assessed									
	against each property as improved.						

11.		The District Manager is		to cause this Resolution to be published		
twice (once a week for two (2)		hereby directed			
	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.									

12.

13. forth in the

This Resolution shall become effective upon its passage.

Any capitalized terms used herein and not defined, shall have the meanings set Assessment Report.

[SIGNATURE ON FOLLOWING PAGE]

Reunion East
Resolution 2019-02 (Declaring Assessments)

3

PASSED AND ADOPTED this

ATTEST:

11

th

day

of

April, 2019.

By: ___________  _		
Name:	-  ----------		
			
Secretary I Assistant Secretary		

REUNION EAST COMMUNITY DEVELOPMENT DISTRICT, a Florida community development district

By:	-----------------		
			
Name:	----------------		
				
		Chairman I Vice Chairman		

Reunion East
Resolution 2019-02 (Declaring Assessments)

4

Exhibit "A"

Methodology for Reunion East Community Development District dated March 14, 2019

Reunion East
Resolution 2019-02 (Declaring Assessments)

5

SECTl"ON

C

					RESOLUTION 2019-03							
A	RESOLUTION		OF	THE  BOARD		OF		SUPERVISORS	OF	THE			
													
REUNION	EAST	COMMUNITY		DEVELOPMENT	DISTRICT			
SETTING	A	PUBLIC	HEARING			TO	BE	HELD	ON			
_______, 2~19 AT ___	A.M./P.M. AT THE HERITAGE			
CROSSING  COMMUNITY  CENTER,  7715  HERITAGE  CROSSING			
WAY,  REUNION,  FLORIDA,  FOR  THE	PURPOSE	OF	HEARING			
PUBLIC  COMMENT  ON IMPOSING  SPECIAL ASSESSMENTS  ON			
CERTAIN PROPERTY WITHIN THE	DISTRICT IN ACCORDANCE			
WITH CHAPTERS	170,197,190, FLORIDA	STATUTES; PROVIDING			
								
FOR  SEVERABILITY,	CONFLICTS		AND		AN	EFFECTIVE  DATE.			

WHEREAS, the Reunion East												
local unit	of special-				Community Development District (the "District) is a		
		purpose government duly organized and existing					
Uniform  Community					of					under the provisions of the		
		Development District Act		1980,  Chapter	190,	Florida  Statutes,	as		
amended (the "Act"); and												

WHEREAS,

the  District  has  previously  adopted  Resolution  2019-02,  entitled:

	A		OF SUPERVISORS OF THE REUNION		
	RESOLUTION OF THE BOARD			
EAST  COMMUNITY  DEVELOPMENT  DISTRICT DECLARING  SPECIAL		
ASSESSMENTS  ON  CERTAIN  PROPERTY  WITHIN  THE  DISTRICT;		
INDICATING  THE  LOCATION,  NATURE  AND  ESTIMATED  COST  OF		
THOSE IMPROVEMENTS						
		WHOSE COST IS TO BE				
				DEFRAYED BY THE		
SPECIAL   ASSESSMENTS;   PROVIDING   THE   PORTION   OF   THE		
ESTIMATED	COST  OF  THE  IMPROVEMENTS  TO	BE  PARTIALLY		
DEFRAYED   BY   THE   SPECIAL   ASSESSMENTS;   PROVIDING   THE		
MANNER IN WHICH SUCH SPECIAL ASSESSMENTS	SHALL BE MADE;		
PROVIDING WHEN SUCH SPECIAL ASSESSMENTS  SHALL BE MADE;		
DESIGNATING  LANDS  UPON  WHICH  THE  SPECIAL  ASSESSMENTS		
SHALL   BE   LEVIED;   PROVIDING   FOR   AN   ASSESSMENT   PLAT;		
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 AN EFFECTIVE		
DATE.						
							
WHEREAS,	in accordance with						
		Resolution No. 2019-02, a preliminary assessment roll		
has been prepared and all other conditions precedent set forth in Chapter 170, 197 and 190,		
Florida	Statutes, to the holding of the						
the  roll  and  related	aforementioned public hearing have been satisfied, and		
	documents  are  available  for  public	inspection  at  135  West  Central		
Boulevard, Suite 320, Orlando, Florida 32801 (the "District Records Office").		

NOW, THEREFORE, BE IT SUPERVISORS OF REUNION DISTRICT AS FOLLOWS:

RESOLVED   BY	THE  BOARD	OF	
EAST  COMMUNITY  DEVELOPMENT	

Resolution 2019-03

Reunion East Community Development District

1. and by this

INCORPORATION OF RECITALS.	The recitals		
reference  are	incorporated	by	reference  as  a		

stated above material part

are of

true and correct this Resolution.

	2.	DECLARATION	OF		PUBLIC  HEARING.		The	District	hereby	declares  a public		
												
hearing to be held at ___	_ ,	2019, at	___ A.M./P.M. at the	HERITAGE CROSSING		
COMMUNITY CENTER, 7715 HERITAGE CROSSING WAY, REUNION, FLORIDA for the		
purpose of	hearing comment and		objection to	the proposed special		assessment program for		
community								
	improvements as										
		identified in the	Assessment Methodology	dated March 14, 2019		
							
(the "Assessment Report") attached hereto as				
			"A"	and the								
														
											Exhibit			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.																					
																								
	3.	ADVERTISING OF	PUBLIC HEARING. Notice of said hearing	shall be advertised in		
						
accordance with Chapter 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 Orange		
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 of notice. The	District Manager is further		
													
authorized and directed to give thirty (30) days' written	notice by mail	of	the time and place of		
this hearing	to the owners of all property to be								
																	
											assessed and include in such			
the assessment for each such property	owner,		a description	of the						notice the amount of		
						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.														

	4.	SEVERABILITY.	If	any section,																
											paragraph, clause or								of this Resolution		
shall be held to be invalid or ineffective for any reason, the	provision			
	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.																

of

5.	CONFLICTS.	
such conflict, superseded	

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

6. adoption.

EFFECTIVE  DATE.

This  Resolution  shall  take  effect  immediately  upon  its

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

Resolution 2019-03

Reunion East Community Development District

ADOPTED

SIGNATURE PAGE FOR RESOLUTION 2019-03		
this 11	th	day of April, 2019.		
				
		REUNION EAST COMMUNITY		
		DEVELOPMENT DISTRICT		

Chairperson or Vice Chairperson, Board of Supervisors Attest:

Its:  Secretary

Resolution 2019-03

Reunion East Community Development District

EXHIBIT "A"

ASSESSMENT

REPORT

Assessment Methodology for Reunion East Community Development District (dated March 14, 2019)

[ATTACHED

ON

FOLLOWING

PAGES]

Resolution 2019-03
Reunion East Community Development District

· SECTION

V

SECTl·ON

C

SECTION

1

	Meeting		
Item#	Assigned	Action Item	
1	3/14/11	lrriQation Turnover	

Reunion East				
Assigned To:	Date DueStatus	Comments		
Developer		Issue on Hold Pending CUP		
	On Hold	NeQotiation		

2	3/16/17   Allocation of 532 Costs	
	Amendment to MSA to Incorporate	
	Heritage Crossing Community	

3	1/11/18   Center & Horse Stables

4	10/11/18  Evalulation of Speed Limit Signs

Scheerer/d'Adesky

Resort/Flint

Cruz

	Proposals from Yellowstone		
	presented at August meeting.		
	Counsel Sent Demand Letters for		
	Costs to Each Parcel Owner.  Publix		
On Hold	Declined SharinQ Costs.		
	Negotiations with New Resort Owners		
In Process	to Take Place Over the Course of 60-		
	90 Davs		
	Three Additional Radar Speed Limit		
In Process	SiQns Approved for Installation		

	Repainting of Signs Throughout	
5	12/13/18  Community	

Scheerer	In Process

	Meeting		
Item#	Assigned	Action Item	
		Installation of Neighborhood	
1	1/11/18	Monuments	
		Cost to Install Parking Spaces at	
2	2/21/19	Valhalla Mail Kiosk Area	
		Evaluate Traffic Lanes for Sinclair	
3	2/21/19	Road Gate	

Reunion West				
Assigned To:	Date DueStatus	Comments		
		Plans Complete.  Easement		
Scheerer	In Process	AQreements in Signature Process.		
				
Boyd	In Process			
Boyd/Scheerer	In Process			

revised 4/4/2019

Ref

#

1

Notes & Action Items

Description

Land sca oino around building is over g row,

Target

Date

2 1-Mar

Reunion Resort & Club			
Seven Eagles Cove CDD Action Items Punch List			
Responsible	Status/Notes/Next Steps	Completed	Comments	
Pa rtv ls)		Date		
Yellowstone	La nd scaoino needs to be re placed in serval areas		On Hold	

SECTION

2

Reunion East

Community Development District

Summary of Check Re gister

March 1, 2019 to March 31, 2019

Fund

General Fund

Payroll

Date 3/5/19 3/7/19 3/12/19 3/19/19 3/20/19 3/26/19

March2019

Donald Harding

John Dryburgh

Mark Greenstein

Steven Goldstein

Trudy Hobbs

CheckNo.'s 4195-4198 4199 4200-4210 4211-4215 4216-4220 4221

50470 50471 50472 50473 50474

$ $ $ $ $ $

$

$ $ $ $ $

$ $

Amount 12,324.71 7,702.76 21,888.22 8,301.95 169,882.16 749.61

220,849.41

184.70 184.70 184.70 184.70 184.70

923.50 221,772.91

I

AP300R *** CHECK

DATES

03/01/2019

-

YEAR-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER
03/31/2019  ***	REUNION  EAST-GENERAL  FUND
BANK  A REUNION  EAST  CDD

CHECK

REGISTER

RUN

4/05/19

PAGE

1

CHECK	VEND#
DATE

..... INVOICE •••••••• EXPENSED	TO...	SUB	VENDOR	NAME		
DATE	INVOICE	YRMO	DPT	ACCT#		SUBCLASS			

STATUS

AMOUNT

••.• CHECK •.•..	
AMOUNT	#	

3/05/19	00074	

2/28/19	175744	201902	320-53800-47000		
2/28/19	AQUATIC	PLANT	MGMT  FEB19		
	175744	201902	300-13100 -10100		
	AQUATIC	PLANT	MGMT  FEB19		

* *

72.24 56.76

3/05/19	00144	

- - - -	-	- - -	-	- -	-	APPLIED		
						- - - - - - -		
2/25/19	10152784	201902		320-53800-57400		
2/25/19	AC	REPAIR	CALL				
	10152784	201902		300-13100-10100		
	AC	REPAIR	CALL				

AQUATIC

MANAGEMENT,

INC.

-	-	-	-	-	-	-	- -	-	-	-	129.00	004195		
											- - -			
*							47.60							
														
*							37.40							

3/05/19	00054	

- - - 3/05/19

3/05/19

-

- - - - 2019MAR

SECURITY 2019MAR SECURITY

- - -	- -	- - - -	FRANK'S		
			- -		
201903	320-53800-34500		
SERVICES	MAR19			
201903	300-13100-10100		
SERVICES	MAR19			

AIR  CONDITIONING,

INC.

-	-	-	-	-	- - - -	85.00	004196		
						-			
*					6,533.33				
									
*					5,133.33				

3/05/19	00142	

- - -	-	- - -	-	- -	-	- - - - - - -	REUNION		
							-		
2/28/19		56042		201902	320-53800-47800		
2/28/19		ANNUAL		FIRE	EXT.  INSPECTN			
		56042		201902	300-13100-10100		
		ANNUAL	FIRE	EXT.  INSPECTN			

RESORT

&

CLUB

MASTER

ASSOC.

-	-	-	-	-	-	- - -	-	11,666.66	004197		
								- - - - -			
*						248.67					
											
*						195.38					

3/07/19	00049	

- - -	- - - -	- - - - -	UNITED		
			- - - - - - -		
3/01/19	456	201903	310-51300-34000		
3/01/19	MANAGEMENT  FEES-MAR19		
	456	201903	310-51300-35100		
3/01/19	INFORMATION  TECH-MAR19		
	456	201903	310-51300-31300		
3/01/19	DISSEMINATION-MAR19		
	456	201903	310- 51300-51000		
3/01/19	OFFICE	SUPPLIES			
	456	201903	310-51300-42000		
3/01/19	POSTAGE			
	456	201903	310-51300-42500		
3/01/19	COPIES				
	457	201903	320-53800-12000		
	FIELD	MANAGEMENT-MAR19		

FIRE

PROTECTION,

INC.

-	-	-	-	-	-	- - -	- -	-	444.05	004198		
									- - -			
*					3,689.58						
												
*						183.33						
												
*						416.67						
												
*						20.75						
												
*						15.56						
												
*						55.95						
												
*					3,320.92						

3/12/19	00095	

- - -	-	- - - -	- -  -	- -	- - - - -	GOVERNMENTAL		
						-		
3/07/19		Sl07708	201903	320-53800-57400		
3/07/19		REATTACH	ARM/RPLC	BATTERY			
		Sl07708	201903	300-13100-10100		
		REATTACH	ARM/RPLC	BATTERY			

MANAGEMENT

SERVICES

-	-	-	-	-	- -	-  -	-	-	7,702.76	004199		
									- - - -			
*						85.29						
												
*					67.02						

ACCESS  CONTROL  TECHNOLOGIES,  INC.

152.31	004200	

REUE

REUNION

EAST

TVISCARRA

AP300R *** CHECK

DATES

03/01/2019

-

YEAR-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER
03/31/2019  ***	REUNION  EAST-GENERAL  FUND
BANK  A REUNION  EAST  CDD

CHECK

REGISTER

RUN

4/05/19

PAGE

2

CHECK	VEND#
DATE

•	.... INVOICE ..	•••	... EXPENSED	TO...	SUB	VENDOR	NAME		
	DATE	INVOICE	YRMO	DPT	ACCT#		SUBCLASS			

STATUS	AMOUNT	... . CHECK ....•	
		AMOUNT	#	

3/12/19	00129	

3/12/19	00134	

2/28/19		4464		201902	320-53800-46200		
2/28/19		ADJ.FLUSH  VALVE/SCREW/FLO		
		4464		201902	300-13100-10100		
3/05/19		ADJ.FLUSH  VALVE/SCREW/FLO		
		4463		201903	320-53800-46200		
3/05/19		INST.LITES/ADJ.SCREW/FLOW		
		4463		201903	300-13100-10100		
3/05/19		INST.LITES/ADJ.SCREW/FLOW		
		4465		201903	320-53800-53000		
3/05/19		GRIND	CONCRETE	SIDEWALKS		
		4465		201903	300-13100 -10100		
3/05/19		GRIND	CONCRETE	SIDEWALKS		
		4468		201903	320-53800 -46200		
3/05/19		INST.SHOWR  HEAD/WATR	FLOW		
		4468		201903	300-13100-10100		
3/05/19		INST.SHOWR  HEAD/WATR  FLOW		
		4469		201903	320-53800-53200		
3/05/19		INST/RELOCATE	25MPH	SIGNS		
		4469		201903	300-13100-10100		
		INST/RELOCATE	25MPH	SIGNS		
- - -	-	- - -	-	- - -	- - -	BERRY		
						- - - - -		
3/05/19		2198		201902	310-51300-31100		
		COORD.CR	532/MTG/SFWMD		

CONSTRUCTION

INC.

*						249.20						
												
*						195.80						
												
*						128.80						
												
*						101.20						
												
*					1,590.40						
												
*					1,249.60						
												
*						103.60						
												
*						81.40						
												
*						383.60						
												
*						301.40						
												
-	-	-	-	-	-	- - -	-	-	4,385.00	004201		
									- - - -			
*					1,145.88						

3/12/19	00160	

- - -	- - -	- - - -	- -	- -	- - - -	BOYD		
						-		
3/02/19	11179	201903	320-53800-12200		
3/02/19	FACILITIES	BLDG	RENT	MAR			
	11179	201903	300-13100 -10100		
	FACILITIES	BLDG	RENT	MAR			

CIVIL

ENGINEERING

-	-	-	-	-	- - - -	-	-	1,145.88	004202		
								- - - -			
*					1,906.97						
											
*					1,498.33						

3/12/19	00092	

3/12/19	99999	

- - -	-	- -	- -	- - -	- -	CITICOMMUNITIES	LLC			
						- - - - - -					
3/06/19		020819	201902	320-53800-41000					
3/06/19		HC  PHONE	LINE	4574	FEB19					
		020819	201902	300-13100 -10100					
3/06/19		HC  PHONE	LINE	4574	FEB19					
		020819	201902	330-53800 -41000					
3/06/19		HC  PHONE	LINE	9758	FEB19					
		020819	201902	330-53800 -41000					
3/06/19		HC  PHONE	LINE	9867	FEB19					
		022619	201902	330-53800 -43300					
		BALLROOM	CLEANING	FEB19					
- - -	-	- -	- -	- - -	- -	REUNION	RESORT				
						- - - - - -					
3/12/19	VOID		201903	000-00000-00000					
		VOID	CHECK		******INVALID	VENDOR	NUMBER******		

-	-	-	-	-	-	-	- -	-	-	3,405.30	004203		
										- - - -			
*							31.73						
													
*							24.93						
													
*							56.66						
													
*							56.66						
													
*						700.00						
													
										869.98	004204		
C							.oo						
										.oo	004205		

REUE

REUNION

EAST

TVISCARRA

AP300R				YEAR-TO-DATE	ACCOUNTS  PAYABLE  PREPAID/COMPUTER	CHECK	REGISTER	
*** CHECK	DATES	03/01/2019	-	03/31/2019  ***	REUNION	EAST-GENERAL	FUND			
					BANK  A	REUNION  EAST	CDD			

RUN	4/05/19	PAGE	3	

CHECK	VEND#
DATE

• . . . • INVOICE ••..•	.•. EXPENSED  TO .•.		VENDOR	NAME	STATUS		
DATE	INVOICE	YRMO	DPT  ACCT#	SUB	SUBCLASS				

AMOUNT

•••• CHECK •...•	
AMOUNT	#	

3/12/19	00060	

3/12/19	00154	

	2/21/19	333217	201902	320-53800-46200			
	2/21/19	INST.CTRL	BOARD/RPLC  PUMP			
		333217	201902	300-13100-10100			
	2/26/19		INST.CTRL  BOARD.RPLC  PUMP			
			333060	201902	320-53800-46200			
	2/26/19		6  POOL	RULE  SIGNS			
			333060	201902	300-13100-10100			
	2/26/19		6  POOL	RULE  SIGNS			
			333415	201902	320-53800-46200			
	2/26/19		INST.LOCK  BOX-POOL  HEATER			
			333415	201902	300-13100-10100			
	2/26/19		INST.LOCK  BOX-POOL  HEATER			
			333416	201902	320-53800-46200			
	2/26/19		INST.LOCK  BOX-POOL  HEATER			
			333416		201902	300-13100-10100			
	2/26/19		INST.LOCK  BOX-POOL  HEATER			
			333417		201902	320-53800-46200			
	2/26/19		INST.2	LOCK  BOXES-HEATERS			
			333417		201902	300-13100-10100			
	2/26/19		INST.2	LOCK  BOXES-HEATERS			
			333418		201902	320-53800-46200			
	2/26/19		INST.LOCK  BOX-HEATERS			
			333418		201902	300-13100-10100			
	2/28/19		INST.LOCK  BOX-HEATERS			
			333357		201902	320-53800-46200			
	2/28/19		DRAIN/ACID  WASH	STAINS			
			333357		201902	300-13100-10100			
	2/28/19		DRAIN/ACID  WASH	STAINS			
			333358		201902	320-53800-46200			
	2/28/19		RPLC	TORO	VALVE-AUTOFILL			
			333358		201902	300-13100 -10100			
			RPLC	TORO	VALVE-AUTOFILL			
-	- - -	-	- - -	-	-	- - -	SPIES	-		
							- - - - - - - -			
	3/07/19		7582		201903	320-53800-48000			
3/07/19		LANDSCAPE	CONSULTING  MAR			
		7582		201903	300-13100 -10100			
			LANDSCAPE	CONSULTING  MAR			

POOL - -

LLC - -

- - -

-

- -

-

-

- -

* * * * * * * * * * * * * * * *
- -
*

*

550.68 432.67 100.63 79.07 160.97 126.48 160.97 126.48 228.14 179.26 228.14 179.26 165.73 130.22 129.05 101.40

1,820.00 1,430.00

3,079.15	004206	

3/12/19	00075	

- - -	-	- - - -	- - -	-	- - - - -	SUNSCAPE		
						- -		
3/07/19		66000036	201902		320-53800-47000		
3/07/19		PESTICIDE/HERBICIDE/MERPH			
		66000036	201902		300-13100-10100		
		PESTICIDE/HERBICIDE/MERPH			

CONSULTING

* *

659.96 518.54

3,250.00	004207	

TEST  AMERICA

REUE  REUNION  EAST	TVISCARRA

1,178.50	004208	

AP300R *** CHECK

DATES

03/01/2019

-

YEAR-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER
03/31/2019  ***	REUNION  EAST-GENERAL  FUND
BANK  A  REUNION  EAST  CDD

CHECK

REGISTER

RUN

4/05/19

PAGE

4

CHECK	VEND#	
DATE		
3/12/19	00142	

••.•. INVOICE ...•.	... EXPENSED	TO •..	SUB	SUBCLASS	VENDOR  NAME			
DATE	INVOICE	YRMO	DPT	ACCT#						
3/04/19	56432		201903	320-53800-47800						
3/04/19	STBL	RPLC  TAMPER/WIRE/CAP							
	56432		201903	300-13100-10100						
	STBL	RPLC  TAMPER/WIRE/CAP	UNITED	FIRE	PROTECTION,	INC.		

STATUS						AMOUNT		.. •• CHECK •••..		
								AMOUNT	#		
*						224.00					
											
*						176.00					
											
-	-	-	-	-	-	- - -	- -	400.00	004209		
								- - - -			

3/12/19	00092	

3/19/19	00095	
3/19/19	00129	

3/06/19		DUKE-DUK	201901	320-53800-43000			
3/06/19		DUKE	ENERGY  #54512	29301			
		DUKE-DUK	201901	320-53800 -43000			
3/06/19		DUKE	ENERGY  #64321-61161			
		RECDDREE	201902	320-53800 -46200			
3/06/19		POOL	CLEANING  SERVS-FEB19			
		RECDDREE	201902	300-13100-10100			
3/06/19		POOL	CLEANING  SERVS-FEB19			
		TOHO-TOH	201901	320-53800-43100			
3/06/19		TOHO	METER#49005514	JAN19			
		020819A	201902	320-53800-41000			
3/06/19		CP	PHONE	LINE	2365	FEB19			
		020819A	201902	300-13100 -10100			
3/06/19		CP	PHONE	LINE	2365	FEB19			
		020819A	201902	320-53800 -41000			
3/06/19		HS	PHONE	LINE	9325	FEB19			
		020819A	201902	300-13100 -10100			
3/06/19		HS	PHONE	LINE	9325	FEB19			
		020819A	201902	320-53800 -41000			
3/06/19		HS	PHONE	LINE	9385	FEB19			
		020819A	201902	300-13100 -10100			
		HS	PHONE	LINE	9385	FEB19			
- - -	-	- -	-	-	- - -	- - -	-	REUNION	RESORT		
								- - - -			
3/13/19		Sl07758	201903	320-53800-57400			
3/13/19		RPLC	BAT-GATE5  LG/RH	GATE			
		Sl07758	201903	300-13100-10100			
		RPLC	BAT-GATE5  LG/RH	GATE			
- - -	-	- -	-	-	- - -	- - -	-	ACCESS	CONTROL		
								- - - -			
3/08/19		4470			201903	320-53800-53000			
3/08/19		CLN/RPLC  ASPHALT-POTHOLE			
		4470			201903	300-13100 -10100			
		CLN/RPLC  ASPHALT-POTHOLE			

TECHNOLOGIES,

INC.

*							12.16							
															
*							60.13							
															
*					1,848.00							
															
*					1,452.00							
															
*						479.83								
															
*							31.73								
															
*							24.93								
															
*							31.73								
															
*							24.93								
															
*							31.73								
															
*							24.93								
															
-	-	-	-	-	-	-	- -	-	-	4,022.10	004210		
										-	- -	-			
*						177.41								
															
*						139.39								
															
- -	-	-	-	-	-	- -	-	-	-	316.	80	004211		
										- -	-			
*						103.60								
															
*							81.40								

3/19/19	00119	

- - -	-	- -	-	-	- - -	-	- - - -	-	BERRY	CONSTRUCTION	INC.		
									- -				
3/12/19		84727			201902		310-51300-31500				
		CALL		SPRVISR/DEVELOP/LRA		LATHAM,SHUKER,EDEN	&  BEAUDINE,LLP		

-	-	-	-	-	- - - -	-	-	-	185.00	004212		
									- - -			
*					2,407.65							
												
								2,407.65	004213		

REUE

REUNION

EAST

TVISCARRA

AP300R *** CHECK

DATES

03/01/2019

-

YEAR-TO-DATE  ACCOUNTS  PAYABLE  PREPAID/COMPUTER
03/31/2019  ***	REUNION  EAST-GENERAL  FUND
BANK  A  REUNION  EAST  CDD

CHECK

REGISTER

RUN

4/05/19

PAGE

5

CHECK	VEND#
DATE

•.••. INVOICE ..•••••. EXPENSED	TO...	SUB	VENDOR	NAME	STATUS	AMOUNT	... • CHECK . . •..		
DATE	INVOICE	YRMO	DPT	ACCT#		SUBCLASS				AMOUNT	#		

3/19/19	00002	
3/19/19	00125	

2/28/19		46076670	201902		310-51300-48000		
		NOT.OF	BOS	MTG		02/21/19	ORLANDO		
- - -	-	- -	- -	- -	-	-	- - - -			
								- - -		
3/19/19		40647		201903		310-51300-32200		
		FY18	AUDIT	SERVICES			

SENTINEL

COMMUNICATION

*

- - - - -
*

192.50

- - - - - -
5,200.00

-

192.50 - - -

004214

3/20/19	00103	
3/20/19	00103	
3/20/19	00103	
3/20/19	00103	
3/20/19	00103	
3/26/19	00166	

MCDIRMIT  DAVIS

3/19/19	03192019  201903	300-20700-10000						
	FY19  DEBT  SERVICE  SER15A						
		REUNION	EAST	CDD		C/0		
3/19/19	03192019  201903	300-20700-10500						
	FY19  DEBT  SERV	SER2015-l						
		REUNION	EAST	CDD	C/0		
3/19/19	03192019  201903	300-20700-10500						
	CITICOMMUNITIES	SER2015-1						
		REUNION	EAST	CDD		C/0		
3/19/19	03192019  201903	300-20700-10600						
	CITICOMMUNITIES	SER2015-2						
		REUNION	EAST	CDD		C/0		
3/19/19	03192019  201903	300-20700-10700						
	CITICOMMUNITIES	SER2015-3						
		REUNION	EAST	CDD		C/0		
3/14/19	278488ES  201902	320-53800-43200						
3/14/19	GAS  CHARGE  02/06-03/07/19						
	278488ES  201902	300-13100-10100						
	GAS  CHARGE  02/06-03/07/19						
		FLORIDA	NATURAL	GAS		

* USBANK

						*		
USBANK	-	-	-	-	-	-		
- - -								
						*		
USBANK	-	-	-	-	-	-		
- - -								
						*		
USBANK	-	-	-	-	-	-		
- - -								
						*		
USBANK								
						*		
						*		

-	-	-	-	-	-	- - -	-	-	5,200.00	004215		
									-	- - -			
				157,014.49							
-	-	-	-	-	-	- - -	-	157,014.49	004216		
								-	-	- - -			
					1,623.38							
-	-	-	-	-	-	- - -	-	-	1,623.38	004217		
									-	- - -			
					4,227.11							
-	-	-	-	-	-	- - -	-	-	4,227.11	004218		
									-	- - -			
					4,841.37							
-	-	-	- -	-	- - -	-	-	4,841.37	004219		
								-	- - -			
					2,175.81							
-	-	-	-	-	-	- - -	-	2,175.81	004220		
								-	-	- - -			
						419.78							
						329.83							
										749.61	004221		

TOTAL	FOR	BANK  A	
TOTAL	FOR	REGISTER	

220,849.41 220,849.41

REUE

REUNION

EAST	TVISCARRA

SECtlO

N

3

•

•

•	•   •

•

•

•

•

•

•

•

•

•

•••••

•

•

Reunion East

Community

Development

District

Unaudited Financial Reporting

February 28, 2019

•

•

•	•   •   •

•

•

•

•	•

•

•

•

•

	Table of Contents	
1	Bala nee Sheet	
2	General Fund Income Statement	
3	Replacement & Maintenance Income Statement	
4	Debt Service Series 2002A-2 Income Statement	
5	Debt Service Series 2005 Income Statement	
6	Debt Service Series 2015A Income Statement	
7	Debt Service Series 2015-1 Income Statement	
8	Debt Service Series 2015-2 Income Statement	
9	Debt Service Series 2015-3 Income Statement	
10	Capital Projects Series 2005 Income Statement	
11-12	Month to Month	

13-14	FY19 Assessment Receipt Schedule

Reunion East

COMMUNITY DEVELOPMENT DISTRICT

COMBlNED BALANCE SHEET

February 28, 2019

~ CASH CUSTODY ACCOUNT STA TE BOA RD OF ADMINISTRATION INVESTMENTS SERJES 2002A-2 Reserve Revenue SERJES 2005 Reserve Revenue Construction SERJES 2015A Reserve Revenue Prepayment SERJES 201S-J Reserve Revenue SERJES 20 J 5-2 Reserve Revenue SERJES 201S-3 Revenue DUE FROM REUNION WEST

DUE FROM GENERAL FUND

TOTAL ASSETS

LIABILITIES: ACCOUNTS PAY ABLE CONTRACTS PAYABLE DUE TO DEBT20JSA DUE TO DEBT 201 S-1 DUE TO DEBT201S-2 DUE TO DEBT 201S-3 DUE TO OTHER DUE TO REUNION WEST ACCRUED INTEREST PAY ABLE 2002A-2 ACCRUED PRINCIPAL PAY ABLE 2002A-2 ACCRUED INTEREST PAY ABLE 2005 ACCRUED PRINCIPAL PAY ABLE 200S FUND EQUITY: FUND BALANCES: ASSIGNED UNASSIGNED RESTRJCTED FOR DEBT SERVICE 2002A-2 RESTRICTED FOR DEBT SERVICE 200S RESTRICTED FOR DEBT SERVICE 2015A RESTRICTED FOR DEBT SERVICE 2015-1 RESTRICTED FOR DEBT SERVICE 2015-2 RESTRICTED FOR DEBT SERVICE 2015-3 RESTRICTED FOR CAPITAL PROJECTS

General

$1,182,078 $462,127

$148,71S

U,792,920

$20,962 $1,323 $5,000 $4,227 $4,841 $2,176 $7,500 $35,549

$242,752 $1,468,590

H.t'JIlLu:cnu:u t

& Mdnten11111."r

$647,164

$2,613,040

$27,373

$3,287,577

$3,287,577

Debt

Service

$3 $103,283

$4 $218,534

$175,000 S2,J00,872 $23

$345,275 $426,369

$372,930 $379,050

S168,822

$16,244

54,306,408

$2,100,000 $1,927,180 $1,388,520 $1,590,000

($3,923,894) ($2,759,982) $2,280,895 $775,871 $756,822 $170,998

Capttal

Projerts

$10

$10

$JO

(Memorandum Only)

2019

$1,829,242 $462,127 $2,613,040

$3 $103,283

$4 $218,534 $10

$175,000 $2,100,872 $23

$345,275 $426,369

$372,930 $379,050

$168,822 $176,088 $16,244

$9,386,916

$20,962 $1,323 $5,000 $4,227 $4,841 $2,176 $7,500 $35 ,549 $2,100,000 $1,927, 180 $1,388,520 $1,590,000

$3,530,329 $1,468,590 ($3,923,894) ($2,759,982) $2,280,895 $775,871 $756,822 $170,998 $10

TOTAL LIABILITIES & FUND EQUITY & OTHER CREDITS

$1,792,920	$3,287,577	$41306,408	

$10

$9,386,916

Special	Assessments.	Tax Collcdor	
Special	Assesmicnts • Direct	
Interest			
Miscellaneous Income		

TOTAL  REVENUES
EXPENP TURES·	
			1		
ADMTNISTRATIVE,	
Supavisor Fca:	
FICA					
Engineering		
Altomey			
Trustee Fees		
Alhitnagc			
Collection Agenl	
Disseminm:ion		
Property Appraiser fee	
PropatyTaic.es		
Annual Audit		
District	Management Fees	
lnfonnntion Technology	
Telephone			
Post.igc				
Printing	& Binding	
Insurance			
Legal	Advertising	
Other	Cum.flt Charges	
OffioeSupplics		
Travel Per	Diem	
Dues,	Licenses	& Subscriptions	
	TOTAL	ADMJNJSTRA TIVE	
MAINT§NANCfwHARED EXPENSES-	
Field	Management	
Facility	Lcnse Agreement	
Telephone			
Elooric				
Water&	Sewer		
Gas					
Pool & Fountain Mainlcnancc	
En-vironmcn1al		
Propmyfnsurancc	
Irrigation Repairs	
Lillld~Cont~	
Landscape	Contingency	
Landscape	Con.suiting	
Gate and	Gatehouse Expenses	
Roadways/SidC\Valks	
Lighting				
MSA Building	Repairs	
Pressure	Washing	
Maintmance (lm;pcctions)	
Repairs & Maialcnancc	
Pest Control		
Signagc				
Security				
COMMUNIU CENTER:	
Landscape			
Telephone			
Elroric				
Water&	Sewer		
Gas					
Contract	Cleaning	
Maintenance (Inspections)	
MAINTENANCE-DIRECT EXPENSES.-	
Irrigation System Operations	
Conlingcncy		
Transfer Out		
	TOTAL	MAINTENANCE	
TOTAL EXPENDITURES	
EXCESS REVENUES (EXPENDITURES)	
FUND BALANCE~ Beglnnln&:	
FUND BALANCE - Ending	

Reunion East		
COMMUNITY DEVELOPMENT DISTRICT	
GENERAL FUND			
Statement of Revenues & Expcndirures	
For The Period Ending Fd>nrnry	28,	2019	
ADOPTED		PRORATED BUDGET	
BUDGET			THRU 2128/19	
Sl,092,	735		$812,042	
$922,677		S692,008	
$250		$104	
$4,771		$1,988	
$2,020,433		$1.506,142	
$12,000		$5,000	
!918		$383	
$15,000		$6,250	
$35,000		$14,583	
$17,500		so	
S3,600		so	
$5,000		SS,000	
SS,000		$2,083	
$1,000		$1,000	
$400		$400	
$5,200		so	
$44,275		$18,448	
$2,200		$917	
$300		$125	
$3,500		$1,458	
$2,500		Sl,042	
$14.800		Sl4.800	
$1,500		$625	
$600		S250	
$500		$208	
$500		S208	
Sl75		1175	
S171.468		$72.9S5	
$39,851		$16,605	
S22,884		$9,535	
$4,760		$1,983	
$330,400		$137,667	
S44,800		$18,667	
$43,120		$17,967	
$98,000		$40,833	
SS,600		$2,333	
S25,620		S2S,620	
$8,400		S3,500	
$434,722		$181 , 134	
$21 ,742		$9,059	
S21,840		$9,100	
Sl7,920		$7,467	
S28,000		$11,667	
$5,600		S2,333	
$22,400		S9,333	
Sll,200		S4,667	
S980		S408	
$11 , 200		$4,667	
$406		$169	
$2,240		$933	
$78,400		$32,667	
Sl6,000		S6,667	
$1,500		$625	
$25,000		SL0,417	
$2,500		Sl,042	
$3S0		$146	
S)0,000		$4,167	
$1,250		$S21	
$100,000		$41,667	
	so		$0	
$412,280		$412,280	
Sl.848,965		$1,025,844	
$2,020.433		11,098,799	
	$0			
	$0			
	so			

ACTUAL	
THRU 2/28/19	
	$812,042	
	$465,008	
	SS81	
	$7,898	
SIJ:85,529	
	SS,000	
	$383	
	$4,402	
	512,969	
	$0	
	$0	
	$5,000	
	S2,\33	
	$669	
	S40	
	so	
	$18,448	
	$917	
	$91	
	Sl61	
	S346	
	S13,453	
	Sl93	
	so	
	SlOO	
	so	
	$175	
	$64,417	
	$16,605	
	$9,535	
	$2,275	
	$172,536	
	$18,726	
	$14,183	
	$44,402	
	S2,023	
	S23,2S3	
	S3,192	
SIS9,S67	
	$26,S57	
	Sl3,476	
	S4,210	
	S3,676	
	so	
	S2,969	
	$3,584	
	$285	
	so	
	so	
	$3,573	
	$32,667	
	$4,745	
	$549	
	$8,256	
	$928	
	$122	
	$3,850	
	$1,183	
	$0	
	so	
$412.280	
$989,206	
$1	,053,684	
$231,845	
$1,479,497	
$ 1,711.342	

VARIANCE

	so		
($226,999)	
	S477		
$5,910		
1mo.613	1J	
	so		
	$0		
$1,848		
Sl,614		
	so		
	so		
	so		
	(SSO)	
$331		
$360		
	so		
	so		
	so		
	$34		
$1,297		
$696		
$1	,347		
S433		
$2S0		
$108		
$208		
	so		
$8,478	I	
	so		
	so		
($292)	
($34,870)	
	($S9)	
$3,784		
($3,569)	
Slll		
S2,367		
S308		
S21	,S6J		
($17,498)	
(S4,376)	
S3,2S7		
$7,990		
S2,333		
S6,365		
Sl,083		
$123		
$4,667		
$169		
($2,639)		
	$0		
$1	,92 2		
	$76		
$2, 161		
Sll4		
	124		
$317		
(S662)		
$41,667		
	$0		
	so		
$36 6381	
s4s.11s	1	

2

Reunion East

COMMUNITY DEVELOPMENT DISTRICT

REPLACEMENT & MAINTENANCE FUND

Statement of Revenues & Expenditures

For The Period Ending February 28, 2019

REVENUES:

Transfer In

lnteresc

TOTAL  REVENUES

EXPENDITURES:

Building hnprovements

Fountain lmprovemenis Gate/Gatehouse Improvements
Landscape Improvements

Lighting Improvements Monument lmprovemenls

Pool Furniture

Pool Repair & Rcplaoements Roadways/Sidewalks Improvement Signage S ignaliz.at ion

ADOPTED

BUDGET

$412,280 $10,000

$422,280

$100,800 $14,000 $0 $75,600 $4,480 $14,000 $6,720 $22,400 $5,600 $36,400 $0

PRORATED		
THRU 2/28/19		
$412,280	
$4,	167	
$416.447	
$42,000	
$5,833	
	$0	
$31,500	
$1,867	
$5,833	
$2,800	
$9,333	
$2,333	
$15,167	
	$0	

ACTIJAL					
THRU 2/28/19	VARIANCE			
$412,280	$0			
$27,335	$23,168			
$439,615	s2J.16s	1		
					
$15	,455	$26,545			
	$0	$5,833			
$3	,244	($3,244)			
$28, 157	$3 ,343			
	so	$1,867			
	$0	$5,833			
$7,918	($5,118)			
$4,650	$4,683			
$4,536	($2,203)			
$1,964	$13,203			
$85,624	($85,624)			

TOT AL EXPENDITURES

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE - Beginning

FUND BALANCE - Ending

$280,000	$116,667	
$142,280		
$2,909.272		
$3	.051,552		

$151,548	($34,882 )1	
$288,066		
$2,999.511		
$3,287,577		

3

Reunion East		
COMMUNITY DEVELOPMENT DISTRICT	
Debt Service 2002A-2		
Statement of Revenues & Expenditures	
For The Period Ending Febrnaiy 28, 2019		
ADOPTED	PRORATED	

ACTUAL

REVENUES:

Special Assessments

Interest

TOTAL  REVENUES

EXPENDITURES :

Interest Expense 11/0 I

Principal Expense 0510 I

Interest Exper,se 05/0 I

BUDGET	THRU

so $0

$0

$0 so $0

2128119

$0 $0

$0

$0

$0 so

THRU 2128119	VARIANCE

so	so		
$860	$860		
$860	ss6o	1	
$0	$0		
$0	$0		
$0	$0		

TOT AL EXPENDITVRES

OTHER FINANCING SOURCES <VSESl

Transfer In (Out)

Other Debt Service Costs

TOTAL OTHER

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE - Beginning

Ji1JND BALANCE - Ending

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

so	so	i		
				
$0	$0			
($12,253)	($12,253)			
m  2,2m	($12.253 )1		
jSI 1.392!				
($3,912,502)				
($3,923.894 1				

4

REVENUES:			
Special Assessments			
Interest			
TOTAL  REVENUES		
EXPENDITURES:			
Interest Expeose I 1/0 I		
Principal Expense 05/0 I		
lnt=t Expense 05/01		
TOT AL EXPENDITURES		
QIHER FINAN!;;IN~ ~Ql1BCE~	{l!~l:;~l	
Transfer In (Out)			
Other Debt Service Costs		
TOTAL OTHER			
EXCESS REVENUES (EXPENDITURES)	
FUND BALANCE -	Beginning		
FUND BALANCE -	Ending		

Reunion East		
COMMUNITY DEVELOPMENT DISTRICT	
Debt Service 2005		
Statement of Revenues & Expenditures	
For The Period Ending February 28, 2019	
ADOPTED	PRORATED	
BUDGET	THR U 2/28/ I 9	
$0	$0	
$0	$0	
$0	so	
$0	$0	
$0	$0	
so	$0	
$0	so	
$0	$0	
$0	$0	
$0	$0	
$0		
$0		
$0		

ACTIJAL THRU 2/28/19

$0 $1,677

$1,677

$0 $0 $0

$0

$0 $0

$0

$1,677

($2,761,659)

($2,759,982)

VARIANCE		
$0		
$1,677		
$ 1,677 1	
$0		
so		
$0		
so	'	
/so		
$0		
so	I	

5

Reunion East

COMMUNITY DEVELOPMENT DISTRICT

Debt Service 2015A

Statement of Revenues & Expenditures

For The Period End ing February 28, 2019

REVENUES:

Speci al Assessments - Tax Collector

Interest

TOTAL  REVENUES

EXPENDITURES:

Interest Expense I 1/01

Principal Expense 05/0 I

Interest Expense 05/0 I

ADOPTED

BUDGET

$2	,568,595	
	$100	
$2,568,695	
$666,325	
$1,265,000	
$666,325	

PRORATED	
THRU 2/28/19	
$1	,905,266	
	$42	
$1.905,308	
$666,325	
	$0	
	$0	

ACTIJAL	
THRU 2/28/19	
$1	,905,266	
	$6,547	
$1.911.813	
$666,325	
	$0	
	$0	

VARIANCE		
$0		
$6,506		
$6,506	j	
$0		
$0		
$0		

TOT AL EXPENDlTURES

OTHtR FINANCING SOURCES {USES!

Transfer In (Out)

Other Debt Service Costs

TOTAL OTHER

EXCESS REVENUES (EXPENDITUl!.ES)

f1JND BALANCE - Beginning

FUND BALANCE - Ending

l;:?.$7.6~0	$666,325	
$0	$0	
so	$0	
$0	$0	
{$28,955 )		
$841,825		
$812,870		

S6b6,32S	
	$0	
	$0	
	$0	
$1,245	.488	
$1.035.406	
$2,280, 895	

so I

$0

$0

$0

6

Reunion East

COMMUNITY DEVELOPMENT DISTRICT

Debt Service 2015-1

Statement of Revenues & Expenditures

For The Period Ending February 28, 2019

REVENUES:

Special Assessments - Tax Collector

Spe<ial Assessmerts • Direct Billed

Interest

TOTAL  REVENUES

EXPENDITURES:

Interest Experse 11/0 I

Principal Expense 05/0 I

Interest Expense 0510 I

ADOPTED

BUDGET

$22,855 $656,310 so

$679,165

$212,685 $260,000 $212,685

PRORATED		
THRU 2/28/1	9	

$19,699 $492, 233

$0

$SI 1,931

$212,685 so $0

ACTUAL

THRU 2/2 811 9

$19,699 $332,091

$3 ,884

$355,673

$212,685 $0 $0

VARIANCE	
	$0	
($160,142)	
$3	,884	
($156.258l l	
	$0	
	so	
	$0	

TOTAL EXPENDITURES

OTHER FINANCING SOURCES (JJSESl

Transfer In (Out)

0th..- Debt Service Costs

TOTAL OTHER

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE. Beginning

FUND BALANCE· Ending

$685.370	$2	12	.685	
$0			$0	
$0			$0	
$0			$0	
($6,205 )				
$285,892				
$279,687				

$212,685

$0 $0

$0

$142.988

$632. 883

$775.871

so	I	
$0		
$0		
so	i	

7

REVENUES:

Special Assessments - Direct Billed

Interest

TOTAL  REVENUES

EXPENDITURES:

Special Call  11 /0 1

Interest Expense I 1/0 1

Principal Expense 05/01

Interest Expense 05/01

TOT AL EXPENDITURES

OTHER FINANCING SOURCES <USESl

Transfer In (Out)

Other Debt Service Costs

TOTAL OTHER

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE - Beginning

FOND BALANCE - Ending

Reunion East		
COMMUNITY DEVELOPMENT DISTRICT	
Debt Service 2015-2		
Slatement of Revenues & Expenditures	
For The Period Ending Februmy 28, 2019	
ADOPTED	PRORATED	
BUDGET	TIIR U 2/28/ l 9	
$745,860	$559,395	
$100	$42	
$745,960	$559.437	
$0	$0	
$258,390	$258,390	
$235,000	$0	
$258,390	$0	
$751,780	$258,390	
$0	$0	
$0	$0	
$0	$0	
($5,820)		
$266.544		
$260,724		

ACTUAL		
TIIRU 2/28/19		
$374,544	
$3	,698	
$378,241	
$5,000	
$258,390	
	$0	
	$0	
$263 390	
	$0	
	$0	
	$0	
$114,851	
$641,970	
$756.822	

VARIANCE		
($184 ,851)	
53,656		
1$181.195) 1	
($5,000)		
so		
$0		
$0		
!$5,000 )1	
$0		
$0		
so	I	

8

Reunion East

COMMUNITY DEVELOPMENT DISTRICT

Debt Service 2015-3

Slatement of Revenues & Expenditures

For The Period Ending February 28, 2019

REVENUES:

Special Assessments - Direct Billed

Interesl

TOTAL  REVENUES

EXPENDITURES:

lnleresl Expense 1110 I

Principal Expense 05/0 I

Interest Expaise 05/0 I

TOT AL EXPENDITURES

OTHER FINANCING SOURCES !USES)

Transt.r In (Out)

Other Debt Savice Costs

ADOPTED

BUDGET

$336,265 so

S336.265

$104,775 $130,000 $104,775

$3 9.SS0

$0 $0

PRORATED			
THRU 2/28/19			
S252	,1	99	
		$0	
$252,199	
$104,775	
		$0	
		$0	
$104,775	
		so	
		$0	

ACTIJAL THRU 2128119

$168,355 $345

$168,700

$104,775

$0 so

$104,775

$0 $0

VARIANCE		
($83,843)		
$345		
1S83,499 d	
$0		
$0		
$0		
so	I	
so		
$0		

TOTAL OTHER

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE - Beginning

FUND BALANCE. Ending

$0	$0	

1$3 ,285 )

$106.792

$103,507

so

$63,925

$107,073

$170,998

so I

9

Reunion East

COMMUNITY DEVELOPMENT DISTRICT

Capital Projects 2005

Statement of Revenues & Expenditures

For The Period Ending February 28, 2019

REVENUES:

Interest

TOTAL  REVENUES

EXPENDITURES:

Capital Outlay

TOTAL EXPENDITURES

OTHER FINANCING SOURCES <USES )

Transfer In (Out)

TOTAL OTHER

EXCESS REVENUES (EXPENDITURES)

FUND BALANCE - Beginning

FUND BALANCE - Ending

ADOPTED

BUDGET

$0

$0

$0

$0

$0

$0

$0

$0

$0

PRORATED THRU 2/28/ 19

$0

$0

$0

$0

$0

$0

ACTUAL THRU 2/28/ 19

$0

$0

$0

$0

$0

$0

$0

$10

$10

VARlANCE

$0		
so	I	
$0		
$0)	
$0		
so	I	

10

RevcnutS		
Special	Assessments -	Tax Collector	
Special	Assessments -	Direct	
lnten:st				
Miscellaneous Income		
Total	Revc:nacs		
Expenditures		
Adminlstrative		
Supervisor Fees		
FICA					
Engineering		
Attorney			
Trustee	Fees		
Arbitrage		
Collection Agent		
Dissemination		
Property	Appraiser Fee		
Property	Taxes		
Annual	Audit		
District	Management Fees	
lnfonnation Technology	
Telephont		
Postage				
Printing	& Binding		
Insurance		
Legal	Advertising		
Other	Current Charges		
Office	Supplies		
Travel	Per Diem		
Dues,	Licenses & Subscriptions	

Od	Nov	
so	$147,278	
so	Sl,848	
SI 14	$118	
$398	so	
SSll	Sl49,243	
Sl,000	$1,000	
$77	$77	
Sl,201	$769	
S2,189	Sl,422	
so	so	
so	so	
$5,000	so	
$467	S417	
so	$0	
$0	S40	
$0	so	
SJ,690	SJ,690	
$183	Sl83	
so	S33	
SIOO	$14	
S92	$25	
SIJ,453	so	
so	so	
$0	so	
S21	$21	
$0	so	
Sl75	so	
SJ7,647	S?,689	

Dec

S578,826 $0 $114 $0

S578,939

$1,000 S77 S470
$2,961
so so so

$417 $0

$0 so

$3,690 $183 S20 S23

S39 so so so

S21 $0 $0

$8,899

	Reunion East CDD								
	Month to Month								
Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept		
$38,125	$47,814	so	so	so	$0	so	so	$0		
$454,924	$8,237	$0	so	$0	so	so	so	$0		
$118	Sll8	so	so	so	$0	$0	so	so		
S?,500	so	so	so	$0	so	so	$0	so		
$500,667	SSll.168	so	so	so	so	so	so	so		
$1,000	$1,000	so	so	$0	so	$0	$0	$0		
		so		so						
S77	$77		so		so	$0	$0	$0		
$816	$1,146	so	$0	so	so	$0	$0	so		
S3,989	$2,408	so	$0	so	so	so	$0	so		
so	$0	so	so	so	$0	so	so	so		
so	so	so	so	so	so	so	so	so		
so	so	so	so	so	so	so	so	so		
S417	S417	so	so	so	so	so	so	so		
		so	$0	so	so	so	so	so		
$669	$0									
so	so	so	$0	$0	so	so	so	so		
so	so	so	$0	so	so	so	so	so		
$3,690	$3,690	so	$0	$0	$0	$0	so	so		
$183	Sl83	$0	so	so	so	so	so	$0		
so	$38	so	so	so	so	so	so	so		
S6	Sl9	so	so	so	so	so	so	so		
550	$141	$0	so	so	so	so	$0	so		
so	$0	so	so	so	so	$0	$0	so		
so	Sl93	so	so	so	so	so	$0	so		
so	$0	so	so	so	so	$0	so	so		
$20	$16	so	so	$0	so	$0	$0	so		
$0	so	$0	so	so	so	so	so	$0		
$0	so	so	so	so	so	so	so	so		
Sl0,915	$9,327	$0	so	$0	so	so	so	so		

Total

$812,042 $465,008 $581 S?,898

$1,285.5291

$5,000 $383 S4,402

Sl2,969 so so SS,000 $2,133 $669 S40 $0 $18,448 S9l7 S91 Sl61 S346 $13,453 $193 so $100 $0 S175

'.lf>.l,4771

11

Maintmanct		
Field Management		
Facility Lease Agreement		
Telephone			
Electric			
Water& Sewer		
Gas			
Pool & Fountain MWntenanoe	
Eovironmental		
Property Insurance		
lnigation			
Land.5capc	Contract.		
Landscape	Contingency		
Landscape	Consulting		
Gatehouse	and Gatehouse	Expenses	
Roadways/Sidewalks		
Lighting			
MSA Building Repairs		
Pressure Washing		
Maintenance (Inspections)		
Repairs &	Maintenance		
Pest Control		
Signage			
Socu ri ty			
Community Center		
Lands<ape			
Telephone			
Electric			
Water &Scwcr		
Gas			
Contract Cleaning		
Maintenance (Inspections)		
M2inten2nce-Dired:		
lnigation System Operations	
Contingency		
Transrer Out		
Total Expenditures		
Excess Rcvcnu~ (E1:.pcndituroiJ	

I I

Oct

S3,321 Sl,907 $458 $)3,450 SJ,156 $415 S6,898 S778 $23,253 $1,927 S30,285 $24,789 $1,820 $856

5588 so
$2, 173 SJ,248 $0
$0 so
Sl,156

S6,S33

$991 SI 13 $2,491 $158 $25
$825 so

so so so

sm.6t4

SllY.262

!S.11H.7 501

Nov

SJ,321	
S! ,907	
$459	
Sl5,410	
SJ,631	
Sl ,982	
S9,238	
$146	
		so	
$477	
S60,018	
Sl ,331	
$4	,225	
Sl ,750	
S2	,	145	
		so	
$	113	
		so	
		so	
		so	
		so	
$540	
S6	,5J3	
$1	,743	
$113	
S2	,	232	
S283	
	$25	
S750	
		so	
		so	
		so	
		so	
Sl38,372	
Sl46,061	
$3, 182	

D«

SJ,321 Sl,907 $440 SJ5,689 $3,732 $2,089 SI 1,557

$146 so
S279 S38,917 $322 SJ,791

$772 so so so

$0 $36 so so $907 $6,533

Sl , 130 $96 $1,564 $165 S2S $700 Sl,183

so so so

$115,300

5124,199

S454,740

	Reunion East	COD	
	Month to Month	
Jan	Feb	Mar	
SJ,321	SJ,321	so	
Sl,907	Sl,907	so	
$459	$459	$0	
$34,745	$33,24)	so	
S4,514	SJ,693	so	
S4,462	$5 ,236	so	
SS, 147	$8,563	so	
S146	$806	so	
so	so	so	
$510	so	$0	
$30,347	$0	so	
Sll5	so	so	
$1,820	Sl ,820	so	
$292	$541	so	
$734	$210	so	
so	so	so	
$456	$227	so	
5336	so	so	
so	$249	$0	
so	so	so	
so	so	so	
S616	S35)	$0	
$6,533	$6,533	$0	
$881	so	so	
Sill	SIIJ	so	
Sl,123	$846	so	
$165	$157	so	
$24	$24	so	
S875	$700	so	
so	50	so	
so	so	so	
so	so	so	
so	S412,280	so	
$102,640	5481,279	so	
$113,556	$490,606	$0	
$387,111	!5434,438)	so	

!I!'

so $0 $0 so so so so so

$0 so so so so

$0 so so so so so

so so
$0

so so so so

$0 so so

so so

so so

$0 so

Mal

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

$0 $0 $0 $0 $0 so

so so so so so so so

so so so

so so so

Jun

so		
so		
so		
so		
so		
so		
$0		
$0		
so		
$0		
so		
so		
so		
so		
so		
so		
$0		
so		
$0		
so		
$0		
so	.	
$0		
so		
so		
so		
so		
so		
so		
so		
so		
so		
so		
$0	
so	
so		

Jul

so $0 $0 so

so so

$0

$0 so so $0 $0 $0 so

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

so so
so $0
$0 so so

so so so

$0 so so

Aug	S 91	t	
$0		$0	
so		$0	
so		$0	
so		$0	
so		so	
so		$0	
so		so	
so		so	
$0		so	
$0		$0	
$0		so	
$0		so	
so		$0	
so		so	
so		so	
$0		so	
$0		so	
so		so	
so		so	
so		so	
so		$0	
so		so	
so		so	
so		so	
so		so	
so		$0	
so		$0	
so		$0	
$0		$0	
$0		$0	
so		so	
so		so	
so		so	
so		so	
so		so	
so		$0	

Tobi

Sl6,605		
S9,535		
$2,275		
5172,536		
Sl8,726		
$14,	183		
544,402		
$2,023		
$23,253		
$3,192		
Sl59,567		
$26,557		
$13.476		
S4,2IO		
$3,676		
	$0		
$2,969		
SJ,584		
S285		
	$0		
	$0		
SJ,573		
S32,667		
$4,745		
$549		
$8,256		
$928		
Sl22		
$3,850		
$1,183		
	so		
	so		
$412,280		
$989,2061	
S l.tJ~.l. 684 1	
m1 ,84s	I	

12

Date

Received

Dist,

Gross Assessments

Received

Discounts/

PenahJes

REUNION EAST

COMMUNITY DEVELOPMENT DISTRICT

SPEOAl ASSESSMENT RECEIPTS - FY2019

TAX COLLECTOR

Gross Assessments	3,921,565

Net Assessments	3,686,271

Commissions	Interest	Net Amount

Paid	Income	Received

1,163,488 1,093,679

General Fund

29.67%

2,729,852 2,566,061 2015A Debt Svc Fund
69.61%

$	28,224	
$	26,531	
2015-1	
Debt	SVC Fund	
0.72%	

Total 100%

11/9/18 11/26/18 12/10/18 12/21/18 1/11/19 1/11/19 1/11/19 2/13/19 2/13/19 3/11/19

Totals

ACH ACH ACH ACH ACH ACH ACH ACH ACH ACII

$ $ $ $ $ $ $

$ s
$ $ $ $

$ s

$ s

$ $

36,568.51 491,514.77 1,834,885.23 238,146.51 115,954.48 18,825.90

3,037.48 165,036.39 232,621 .05

3,136,590.32

$ $

$ s s

$ s
$
$ s

$ $ $ $ $ $

$ s
$

1,889.31	
19	,660.91	
73,396.33	
8,875.	14	
3,500.71	
	489.06	
	61	.49	
3,565.70	
2,458.91	

113,897 .56

$ $

$ s
$ $

$ s
$

$ s
$ $ $ $ $ $ $ $

693.58 9,437.08 35,229.78 4,585.42 2,249.07 366.75

59.53 3,229.40 4,603.25

60,453	.86	

$ s

$ s

$ $ $ $ $

$ s
$ $ $ $ $ $ $ $

326.67

326.67

	33,985.62	
	462,416.78	
S 1,726,259.12	
$	224,685.95	
$	110,204.70	
$	17,970.09	
$	326.67	
$	2,916.46	
s	158,241.29	
$	225,558.89	
$		
$		
$		
$		
$		
s		
$		
$		
$		
$		
$	2,962,565.57	

$

$ s
$ $ $

$ s
$ s

$ $ $ $
$ s s

$ $ $ $

10,083.19	
137,194.35	
512,163.51	
66,662 .03	
32,696.61	
5,331.54	
	96.92	
	865.28	
46,	948	.58	
66,921.03	

878,963.05

$	23,657.83	
$	321,894.36	
$	1,201,671.50	
s	156,406.82	
$	76,714.93	
s	12,509.21	
$	227.40	
$	2,030.19	
s	110, 153.83	
$	157,014.49	
$		
$		
$		
s		
s		
$		
$		
$		
$		
$		
$	2,062,280.56	

$ $ $ $

$ s

$ $

$ s s

$ s
$ s s

$ $ $

$ s

244.60	
3,328.07	
12,424.	11	
1,617.09	
793.16	
129.33	
2.35	
20.99	
1,138.88	
1,623.38	

21 .321 .96

$	33,985.62	
$	462,416.78	
$	1,726,259.12	
s	224,685.95	
$	110,204.70	
$	17,970.09	
$	326.67	
$	2,916.46	
s	158,241.29	
$	225,S58.89	
s		
s		
$		
$		
s		
$		
$		
$		
$		
$		
S 2,962,565.57	

13

Citicommunlties		
DATE	DUE	
RECEIVED	DATE	
2/21/19	11/1/18	
2/21/19	2/1/19	
	5/1/19	

EHOF Acquisitions II, LlC	
DATE	DUE	
RECEIVED	DATE	
1/2/19	11/1/18	
	2/1/19	
	5/1/19	
EHOF Acquisitions II, LLC	
DATE	DUE	
RECEIVED	DATE	
1/2/19	11/1/18	
	2/1/19	
	5/1/19	
EHOF Acquisitions II, LLC	
DATE	DUE	
RECEIVED	D,\TE	
1/2/ 19	11/1/ IS	
	2/1/19	
	5/1/19	
	LRA Orlando LLC	
	DATE	
	RECEIVED	
	11/16/18	
	11/16/18	
	11/ 16/18	

					OFF ROLL ASSESSMENTS															
		$25,974.00						$10,982 .00		$5,636.00		$6,455.00		$2,901.00		
								100%				4 2	28%		2170%			24 85%		1117%			
OIECK				NET			AMOUNT		GENERAL		SERIES			SERIES		SERIES			
ND.		s	ASSESSED	s	RECEIVED		FUND	s	2015-1		s	2015-2		2015-3			
																	
30939			12,986 .00		12,987 .00	$	5,491.00		2,818.00		3,227.50	$		1,	450.50		
30939		s		6,494.00	s	6,494	.00	$	2,745.71	$	1,409.11	$	1,613.87	$			725	.31		
		$		6,494.00	$				$			s			$		$						
		$	25,974.00	$	19,481	.00	$	8,236.71	$	4 227.11	$	4,841.37	s		2	175.81		
																					
		$417,271.00						$60,979.00	$133,942.00	$153,398.00	$68,952.00		
								100%				14 6 1%		3210%			36 76%		165	2%			
otECK			NET			AMOUNT			GENERAL		SERIES			SERIES		SERIES			
NO.																			
		s	ASSESSED		RECEIVED		FUND		2015-1			2015-2		201S-3			
WIRE			208,635.00	$	208,635.00	$	30,489.43	$	66, 970	.84	$	76,698.82	$	34,475.92		
		$	104,318.00	$				$			$			$		$						
		$	104,3 18.00	$				s		$			$		$						
		$	417,271.00	$	208,635.00	$	30,489.43	$	66,970	.84	$	76,698.82	$	34,475.92		
		$511,249.00					$358,021.00	$57,603.00	$65,971 .00	$29,654.00		
								100%				7003%		1127%			12 90%		580%			
CHECK			NET			AMOUNT			GENERAL		SERIES			SERIES		SERIES			
NO.																			
			ASSESSED		RECEIVED			FUND		2015-1			2015-2		2015-3			
WIRE		$	255,625 .00	$	255,625.00	$	179,010.85	$	28,801.56	$	32,985.S6	$	14,827.03		
															
		$	127,812.	00	$				$			$			$		$						
		$	127,812.00	$				$			$			$		$						
		$	511,249.00	$	255,625.00	$	179,010.85	$	28,801 -56	$	32,985.56	$	14,827.03		
		$1,698,712.00					$490,847 ,00	$454,076.00	$520,036.00	$233,753.00		
								100%				2890%		2673%			3061%		13	76%			
otECK			NET			AMOUNT			GENERAL		SERIES			SERIES		SERIES			
																			
NO.		ASSESSED		RECEIVED			FUND		2015-1			2015-2		2015- 3			
W IRE		s	849	,356	00	$	s,, IJ,3S6		00	$	245,4.B .SO	$	227,038.00	$	260.0 !B 00	$	11	6,876.	50		
		s	42	4	,67800	$				$			$			$		$						
		s	42	4,678	00	$				$			$			$		$						
		S l , 698	,7U.	00	s	849,356	.00	s	245,423.50	$	227 038.00	$	260,0lB.OO	$	116 876.	SO		
								$6,901.00						$1,848.00		$5,053.00							
DUE			CHECK			NET				AMOUNT		GENERAL		SERIES							
																					
DATE			NO,			ASSESSED			RECEIVED		FUND		s	2015-1							
11/1/18			2	814		$	3,451.	00	$	3,451 .00	$	924.00		2,527 .00							
2/1/ 19			2814		$	1,725	.00	$	1,725.00	$	462 .00	$	1, 263.00							
S/1/19			2814		$	1,725.00	$	1,725.00	$	462 .00	$	1,263 .00							
							$	6,901.00	$	6,901.00	$	1,848.00	$	5,053.00							
							SUMMARY																	
			GENERAL		DEBT SERVICE	DEBT SERVICE	DEBT SERVICE									
			FUND		SERIES 2015-1	SERIES	2015-2	SERIES 2015-3									
TOTAL DIRECT	BILLED	$9ZZ,677.00		$656,310	.00		$745	,860.00		$335,260.00									
TOTAL RECEIVED	$	465,008.49	$	332,090	.50	$	374	,543.75	$	168,355.25									
VARIANCE	$	(457,668,511	$	(324,219.50)	$	(371,316.25)	$	(166,904.75									

14

SECTION

4

Reunion East/West COD Direct Billed Assessments for FY 2019

District

Reunion

East

ll.andownder	Product		
			
Citicommunities			
35-25-27-48BS·PRCL-OC30			
Estoppel			
Totals			

TotalO&M

$10,982

$10,~82

Total Debt	Total Due		
		Nov	
		Feb	
$14,992	$25,974	May	
$14,992	$25,974	Total	

O&M	Debt	
$5,491	$7,496	
$2,746	$3,748	
$2,746	$3,748	
$10,982	$14,992	
O&M	Debt	

Total	Paid		
$12,987	paid 2/25/19	
$6,494 Paid	2/25/19	
$6,494			
$25,974			
Total	Paid		

LRA ORLANDO LLC			
35-25-27-4885-PRCL-OC30	4	MF	

$1,848	$5,053	$6,901	Nov		
					
			Feb		
			May		
			Total		

$924	$2,527	
$462	$1,263	
$462	$1,263	
$1,848	$5,053	

$3,451

$1,725

~1,725

$6,901

11/5/18 11/5/18 11/5/18

EHOF 11-1-15 Interest 27-25-27-2985•TRAC-FD2D 35-25-27-4895-PRCL-OlCO 27-25·27-2985-TRAC-FD30

30 Comm/755 MF

242.29 Comm/701 MF/300 Hotel

10 Comm/56 MF/104 Hotel

$358,021	$153,228	$511,249	Nov		
$490,846	$1,207,865	$1,698,711	Feb		
$60,979	$356,292	$417,271	May		
					
~09,846	$1,717,385	$2,627,231	Total		

O&M	Debt	
$454,923	$858,693	
$227,462	$429,346	
$227,462	$429,346	
$909,846	$1,717,385	

Total	Paid		
$1,313,616	Paid	1/2/19	
$656,808			
$656,808			
$2,627,231			

District

Reunion West

ll.andownder Reunion West SPE 27-25-27-4927-0001-

TotalO&M	Total Debt	Total Due	

O&M

Debt	Total	Paid

WClO 27-25-27-4927-000lSFlO 27-25-27-492 7-0001 ·SF20 27-25·2 7-4935-0001-0XXO

$7,276		$7,276	
$37,864		$37,864	
$41,725		$41,725	
$32,667.00		$32,667	
$119,532.00	$0.00	$119,532.00	

Dec

March

June

September

Total

$29,883 $29,883 $29,883 $29,883 $119 532

$0	$29,883	
$0	$29,883	
$0	$29,883	
$0	$29,883	
$0	$119,532	

Paid

Paid

1/30/2019 3/28/19

Reunion West HOA 22-25-27-4923-0001-0080

$202,932	$0	$202,932	

Dec

March

June

September

Total

$50,733.00 $50,733.00 $50,733.00 $50,733.00 $202,932_.QQ__

$0.00 $0.00 $0.00 $0.00 $0.00___

$50,733.00 $50,733.00 $50,733.00 $50,733.00 $202,_932 .00

Paid

Paid

1/30/2019 3/28/19