TERRACINA COMMUNITY DEVELOPMENT
DISTRICT

PALM BEACH COUNTY REGULAR BOARD MEETING NOVEMBER 13, 2023
9:00 A.M.

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

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

AGENDA
TERRACINA COMMUNITY DEVELOPMENT DISTRICT
Meeting Room of the Nexus at Vista Park 2101 Vista Parkway
West Palm Beach, Florida 33411
REGULAR BOARD MEETING
November 13, 2023
9:00 a.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
September 11, 2023 Regular Board Meeting Minutes…	Page 2
Old Business
Discussion Regarding POA Electrical Service to Fountains/Aerators in District Lakes
Consider Approval of Banner Electric’s Proposal for Fountain Meters…	Page 5
Consider Approval of Sinkhole Proposals…	Page 6
New Business
Auditor Selection Committee
Ranking of Proposals/Consider Selection of an Auditor…	Page 8
Administrative Matters
Financial Report…	Page 9
Board Members Comments
Adjourn

PROOF OF PUBLICATION

LOCALiQ
The Gainesville Sun I The Ledger Daily commercial I Ocala starBanner News Chief I Herald-Tribune
News Herald I The Palm Beach Post
Northwest Florida Daily News

PO Box 631244 Cincinnati, OH 45263-1244

TERRACINA COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024

Te1ncina Cdd Te1rncina Cdd 250 I BURNS RD STEA

REGULAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN that
the Boord of Supervisors of the Terracina Community Development District will hold Regular Meetings at 9:00 o.m. in a Meeting Room of The Nexus at Vista Pork located at 2101 Vista Parkway, West Palm Beach, Florido 33411, on the follow­ ing dotes:

PALM BEACH GARDENS FL 334105207

STATE OF WISCONSIN, COUNTY OF BROWN

Before the undersigned authority personally appeared, who on oath says that he or she is the Legal Coordinator of the Palm Beach Post, published in Palm Beach County, Florida; that the attached copy of advertisement, being a Public Notices, was published on the publicly accessible website of Palm Beach County, Florida, or in a newspaper by print in the issues of, on:

09/29/2023

Affiant further says that the website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes.

Notary,

My commision expires

Subscribed and sworn to before me, by the legal clerk, who is personally known to me, on 09/29/2023

Publication Cost:	$241.02	
Order No:	9317567	
Customer No:
PO#:	730524	
THIS IS NOT	AN INVOICE!	

# of Copies:
1

Please do 110/ use this formfor pay111e11/ re111i11ance.

October 9, 2023
November 13, 2023
December 11, 2023
January B, 2024
February 12, 2024
Morch 4, 2024
April 81 2024
May 13, 2024
June 10, 2024
July B, 2024
August 12, 2024
September 9, 2024
The purpose of the meetings is to conduct any business coming before the Boord. The meetings ore open to the public ond will be conducted in accordance with the provisions of Florido low. Copies of the Agendas for any of the meetings moY be obtained from the District's website or bY contacting the District Manager at {561) 630-4922 and/or toll free ot l-877-737-4922 prior to the date of the particular meeting.
From time to time one or more Supervisors moy porticipofe by tele­ phone; therefore, of the location of these meetings there will be a speaker telephone present so that interested persons can attend the meetings at the above location and be fully informed of the discussions toking place either in person or by telephone communication. Meetings may be continued as found neces­ sary too time and place specified on the record.
If ony person decides to appeal ony decision made with respect to ony matter considered at these meet­ ings, such person will need a record of the proceedings and such person may need to insure that o verbatim record of the proceedings is mode ot his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accom­ modations or on interpreter to participate at any of these meetings should contact the District Manager at (561) 630-4922 ond/or toll free of 1-
877-737-4922 at least seven (7) days prior to the date of the particular meeting.
Meetings may be cancelled from time to time without advertised notice.
TERRACINA	COMMUNITY DEVELOPMENT DISTRICT
www.terrocinocdd.org
9mm 9317567

NICOLE JACOBS
Notary Public State of Wisconsin

Page 1 of 1

TERRACINA COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
SEPTEMBER 11, 2023

CALL TO ORDER

The September 11, 2023, Regular Board Meeting of the Terracina Community Development District (the “District”) was called to order at 9:05 a.m. in a Meeting Room of the Nexus at Vista Park located at 2101 Vista Parkway, West Palm Beach, Florida 33411.

PROOF OF PUBLICATION

Proof of publication was presented indicating that notice of the Regular Board Meeting had been published in The Palm Beach Post on September 30, 2022, as part of the District’s Fiscal Year 2022/2023 Regular Meeting Schedule, as legally required.

ESTABLISH A QUORUM

Present and constituting a quorum were Chairman Guy Colella and Supervisors Sheik Ameer, Linda Colella and Jose Esquerte and all was in order to proceed with the meeting.

Staff present were: District Manager Sylvia Bethel of Special District Services, Inc.; and General Counsel Frank Palen of Caldwell Pacetti Edwards Schoech & Viator LLP.

ADDITIONS OR DELETIONS TO THE AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

APPROVAL OF MINUTES
July 10, 2023, Public Hearing & Regular Board Meeting

The minutes of the July 10, 2023, Public Hearing & Regular Board Meeting were presented and the Board was asked if there were any comments or questions.

Mrs. Colella advised of one revision of the time adjourned of 11:06 a.m. should be 10:06 a.m. Mr. Esquerete advised of another correction under adopting the fiscal year budget 2023/2024 in the motion his name is listed a “Ms. Esquerete” and it should be “Mr. Esquerete.”

A motion was made by Mrs. Colella, seconded by Mr. Esquerete and unanimously passed approving the minutes of the July 10, 2023 Regular Board Meeting & Public Hearing, as amended.

OLD BUSINESS
Discussion Regarding POA Electrical Service to Fountains/Aerators in District Lakes
Consider Banner Electric’s Proposal for Fountain Meters

Ms. Bethel indicated she had reached out to FPL who advised her to go through the projects portal and open a new project. Once that had been completed, someone reached out to her about the project. She was contacted by the project manager and noted that they did not provide proposals, but they would just go out and complete the project. Therefore, Ms. Bethel reached out to Banner Electric and the proposal was provided in the meeting materials. Ms. Bethel stated that Mr. Banner explained that two fountains would have to run cables underground. Ms. Bethel went on to explain that the amended budget allows for one special project, either the meters for the fountains or the sinkholes. A lengthy discussion ensued. Mr. Colella indicated that maybe they could figure out a payment for the HOA, but the sinkhole project was more important. Mrs. Colella and Mr. Esquerete agreed with Mr. Colella. Mr. Ameer stated that the proposals were expensive and they should reach out to a few other vendors to get a few more. Mr. Palen agreed with multiple proposals and indicated state law for 3 bids and a buy. Mr. Ameer noted he would reach out to the landscaper for a proposal for the sinkholes and send Ms. Bethel the contact information for an electrician for the fountain meter project.

NEW BUSINESS
Consider Resolution No. 2023-04 – Adopting a Fiscal Year 2022/2023 Revised Budget

Resolution No. 2023-04 was presented, entitled:

RESOLUTION NO. 2023-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TERRACINA COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2022/2023 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER
189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

Ms. Bethel went over the budget with the Board and stated that it was in line with their projected budget. A few little overages but everything was in order. In addition, a line item was added for special projects, as discussed earlier, the meters for the fountains or the sinkholes. Mr. Colella gave his summary of the budget. After a lengthy discussion, the following motion was made:

A motion was made by Ms. Esquerete, seconded by Mr. Colella and unanimously passed adopting Resolution No. 2023-04 – Adopting a Fiscal Year 2022/2023 Revised Budget, as presented.

Consider Allstate’s Sinkhole Proposal

This was previously discussed under Old Business.

ADMINISTRATIVE MATTERS
Financial Report

Mr. Ameer inquired about insurance coverage. Ms. Bethel indicated she knew insurance covers Board Members but was not sure what else. Messrs. Ameer and Esquerete would like to know if it covers sinkholes. Ms. Bethel will find out and advise accordingly.

BOARD MEMBER COMMENTS

Mrs. Colella inquired about the downed fountains. Ms. Bethel stated that Mr. Roberts from Allstate had been notified of the recent fountain issues and was working on them. Mr. Ameer mentioned the fountain by the clubhouse, southside was rocking. Ms. Bethel advised she would notify Allstate.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Mr. Esquerete, seconded by Mr. Ameer adjourning the Regular Board Meeting at 9:53 a.m. Upon being put to a vote, the motion carried unanimously.

Secretary/Assistant Secretary	Chair/Vice-Chair

0co

-

co
ro

Banner Electric Inc.

!.lC. # EC 13007 I94
P.O. Bo:. 2006,1
\'\ B,.J. 3 ,116
(561) 541-18"''3
lorcnbann r  gm:iil. mi

 
To Sylvia Bethel

en
0a.

a...

0
!......

Date
08/27/23

Instruction: Terracina 6565 Del Verde Blvd. WPB, Fl. 33413

/\uen:

Ship To

RE: New electrical services for 8 pond fountains
OuWPB<	Description	Unit Price	Total
FL.antity
Starting from East OOl!J entrance:

Fountains 1 & 2, 200-amp.	$18,920.00

Includes Sl0,000.00 for directional
boring.

Fountains 3 & 4, 200-amp.	$7,792.97

Fountain 5, 100-amp.	$7,500.00

Fountain 6, 100-amp.	$17,500.00

Including $10,000 for direction.al
boring.

S)Fouotains 7 & 8, 200-amp.	$7,792.97

If the.re are any questions or concerns please feel free to call.

Total:	$59,506.04 Due date:

Thank you for your business!

Tel: [Telephone] Fax: [Fax]

Email: [Email]
Web: f\'Xi'cb address]

SPECIAL SERVICE AGREEMENT / SINKHOLE REPAIR

Terracina Community Development District c/o Special District Services
2501A Burns Road	561-630-4922 Ext 227
Palm Beach Gardens, FL 33410	sbethel@sdsinc.org

DATE:	TERMS:	DELIVERY:
08/11/2023	Balance due upon job completion	Five to six (5 to 6) weeks

DESCRIPTION	AMOUNT
Repair eighteen (18) eroded shoreline areas as follows:	$ 53,750.00 / one-time
Remove old sod within sinkholes
Add riprap bags at immediate washed-out shoreline area for stabilization
Riprap bags will be staggered two rows high and secured with rebar
Backfill washed out area with fresh fill
Install geotextile fabric on top of fresh fill to reduce future washout
Install sod over fabric / repaired areas (watering of sod responsibility of HOA)
Sod will be pinned in place to prevent movement

Areas of work: lake #1, 1 area lake #3, 1 area lake #4, 1 area lake #5, 1 area lake #6, 3 areas lake #7, 1 area lake #8, 4 areas lake #10, 3 areas lake #11, 1 area lake #12, 2 areas

THIS OFFER IS GOOD FOR THIRTY (30) DAYS FROM DATE OF QUOTATION.

ALLSTATE RESOURCE MANAGEMENT, INC.	CUSTOMER ACCEPTANCE: The above
prices, specifications and conditions are satisfactory and are hereby accepted and the signers acknowledge that they are authorized to execute this document.

ALLSTATE (Signature)	CUSTOMER (Signature)

NAME / TITLE (Printed)	NAME / TITLE (Printed)

DATE	DATE
03.Terracina.SinknholeRepair.Pro

ABOUT THE 
P R O J E C T

P R O P O S A L	F O R T E R R A C I N A		H O A 
WASHOUT REPAIR

Scope of work:
Green Cactus agrees to complete and fulfill all specifications listed.

Upon agreement of this proposal Owner agrees that Green cactus has complied with all provisions of this contract.

A 50% deposit is required to start project. Once project is completes the remainder balance will be billed accordingly.

This contract is valid for 10 buisness days.

Specifications

Install Fill to repair washout locations.
16-18 total locations throughout community. Install Turf reinforced matting over fill and Resod the 16-18 areas.

Total:$15,250

Labor and Material Included

By signing below, I/we hereby accept the proposal as indicated above:

	Date:	OCTOBE R	10 , 
2023 
Page 7

TERRACINA COMMUNITY DEVELOPMENT DISTRICT RANKING OF AUDITOR PROPOSALS
FOR FISCAL YEAR ENDING 9/30/23

	Audit Firms	

Criteria	Point Range	

Berger Toombs Elam Gaines & Frank	

Grau & Associates	

Nowlen, +olt & Miner	
Ability of Personnel: (E.g., geographic locations of the firms headquarters of permanent office in relation to the project; capabilities and experience of key personnel; present ability to manage this project; evaluation of existing work load).	

1-10	

9	

9	

9	

Proposer's Experience: (E.g. past record and experience of the Proposer in similar projects; volume of work previously performed by the firm; past performance for other Community Development Districts in other contracts; character, integrity, reputation).	

1-10	

8	

9	

8	

Understanding of Scope of Work: Extent to which the proposal demonstrates an understanding of the District's needs for the services requested.	

1-10	

9	

8	

8	

Ability to Furnish the Required Services: Extent to which the proposal demonstrates the adequacy of Proposer's financial resources and stability as a business entity necessary to complete the services required.	

1-10	

9	

8	

8	

Price: Points will be awarded based upon the price bid for the rendering of the services and reasonableness of the price to the services.	

1-10	

8	

9	

8	

TOTAL POINTS	
50	
43	
43	
41	
					
BID PRICE - 2022/2023 AUDIT		$4,130.00	$3,400.00	$3,800.00	
BID PRICE - 2023/2024 AUDIT		$4,130.00	$3,500.00	$3,900.00	
BID PRICE - 2024/2025 AUDIT		$4,130.00	$3,600.00	$4,000.00	
BID PRICE - 2025/2026 AUDIT		$4,130.00	$3,700.00	$4,100.00	
BID PRICE - 2026/2027 AUDIT		$4,130.00	$3,800.00	$4,200.00	

COMMENTS:	Currently the auditing firm for more than	Currently the auditing firm for more than	Currently the auditing firm for thirty	
	40 CDD's.	200 CDD's.	governmental entities	

RECOMMENDATION:	All three firms have the capacity to perform the audit. Management recommends that either Grau & Associates, the firm with the most experience and the low bidder,	
	or Berger Toombs Elam Gaines & Frank, the current auditor for the District, be selected to perform the September 30, 2023, 2024 and 2025 annual audits	
	with an option, subject to fee adjustments for inflation, to perform the fiscal year end audits for the following two years (FYE 9/30/26 and 9/30/27).	

Note: 2023/2024 Budget For Audit Services is $4,325.00

T 2022-2023 Audit Bid Rankings	Page 8

Terracina Community Development District

Financial Report For September 2023

TERRACINA COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
SEPTEMBER 2023

REVENUES	
Annual Budget
10/1/22 9/30/23	

Actual Sep 23	Year To Date Actual
10/1/22 9/30/23	
O & M ASSESSMENTS	171,428	0	171,453	
DE%T ASSESSMENTS	314,087	0	313,602	
OTHER REVENUES	0	0	0	
INTEREST INCOME	120	0	5,460	
				
Total Revenues	$	485,635	$	 	$	490,515	
				
EXPENDITURES				
SUPERVISOR FEES	7,000	800	5,400	
PAYROLL TAXES EMPLOYER	560	61	413	
A4UATIC LA.E MAINTENANCE	25,000	1,745	20,940	
CONTINGENCY	33,400	0	11,900	
FOUNTAIN MAINTENANCE	15,000	640	21,655	
ENGINEERING INSPECTIONS	6,000	3,728	5,312	
MANAGEMENT	35,952	2,996	35,952	
SECRETARIAL	4,200	350	4,200	
LEGAL	5,000	630	7,453	
ASSESSMENT ROLL	8,000	8,000	8,000	
AUDIT FEES	4,225	0	4,225	
INSURANCE	6,400	0	6,442	
LEGAL ADVERTISING	1,500	467	1,153	
MISCELLANEOUS	1,100	53	469	
POSTAGE	300	31	98	
OFFICE SUPPLIES	600	11	612	
DUES & SU%SCRIPTIONS	175	0	175	
TRUSTEE FEES	4,500	0	3,500	
CONTINUING DISCLOSURE FEE	350	350	350	
:E%SITE MANAGEMENT	2,000	166	2,000	
				
Total Expenditures	$	161,262	$	20,028	$	140,249	
				
REVENUES LESS EXPENDITURES	$	324,373	$	(20,028)	$	350,266	
				
%OND PAYMENTS	(295,242)	0	(298,958)	
				
BALANCE	$	29,131	$	(20,028)	$	51,308	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(9,710)	0	(5,504)	
DISCOUNTS FOR EARLY PAYMENTS	(19,421)	0	(18,036)	
				
EXCESS/ (SHORTFALL)	$	 	$	(20,028)	$	27,768	
				
CARRYOVER FROM PRIOR YEAR	0	0	0	
				
Net Excess/ (SKortfall)	$	 	$	(20,028)	$	27,768	

Bank Balance As Of 9/30/23	$	126,256.29	
Accounts Payable As Of 9/30/23	$	23,518.99	
Accounts Receivable As Of 9/30/23	$	 	
Available Funds As Of 9/30/23	$	102,737.30	

Terracina Community Development District
Budget vs. Actual
October 2022 through September 2023

Oct 22 Sept 23	22/23 Budget	$ Over Budget	% of Budget	
Income				
363.100 • O & M Assessments	171,452.67		171,428.00		24.67		100.01%	
363.810 • Debt Assessments	313,602.01		314,087.00		-484.99		99.85%	
363.820 • Debt Assessment Paid To Trustee	-298,957.96		-295,242.00		-3,715.96		101.26%	
363.830 • Tax Collector Fee	-5,504.44		-9,710.00		4,205.56		56.69%	
363.831 • Discounts For Early Payment	-18,036.26		-19,421.00		1,384.74		92.87%	
369.401 • Interest Income	5,460.64		120.00		5,340.64		4,550.53%	
Total Income	168,016.66		161,262.00		6,754.66		104.19%	
Expense								
511.122 • PR Tax Expense	413.10		560.00		-146.90		73.77%	
511.131 • Supervisor Fees	5,400.00		7,000.00		-1,600.00		77.14%	
511.301 • Aquatic Lake Maintenance	20,940.00		25,000.00		-4,060.00		83.76%	
511.307 • Fountain Maintenance	21,655.00		15,000.00		6,655.00		144.37%	
511.310 • Engineering	5,312.00		6,000.00		-688.00		88.53%	
511.311 • Management Fees	35,952.00		35,952.00		0.00		100.0%	
511.312 • Secretarial Fees	4,200.00		4,200.00		0.00		100.0%	
511.315 • Legal Fees	7,452.76		5,000.00		2,452.76		149.06%	
511.318 • Assessment/Tax Roll	8,000.00		8,000.00		0.00		100.0%	
511.320 • Audit Fees	4,225.00		4,225.00		0.00		100.0%	
511.450 • Insurance	6,442.00		6,400.00		42.00		100.66%	
511.480 • Legal Advertisements	1,152.57		1,500.00		-347.43		76.84%	
511.512 • Miscellaneous	469.39		1,100.00		-630.61		42.67%	
511.513 • Postage and Delivery	98.17		300.00		-201.83		32.72%	
511.514 • Office Supplies	611.85		600.00		11.85		101.98%	
511.540 • Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
511.733 • Trustee Fees	3,500.00		4,500.00		-1,000.00		77.78%	
511.734 • Continuing Disclosure Fee	350.00		350.00		0.00		100.0%	
511.750 • Website Management	1,999.92		2,000.00		-0.08		100.0%	
511.800 • Contingency/Fountains	11,900.00		33,400.00		-21,500.00		35.63%	
Total Expense	140,248.76		161,262.00		-21,013.24		86.97%	
Net Income		27,767.90			0.00			27,767.90			100.0%	

Terracina Community Development District
Expenditures
October 2022 through September 2023

Expenditures
511.122 • PR Tax Expense

Date	Invoice	Vendor	Memo	Amount
11/17/2022	PR 11.14.22	mtg 11.14.22 ck 11.18.22 (Colella L, Colella G, Eaquerete J, Ameer S)	61.20
02/16/2023	PR 02.13.23	mtg 02.13.23 ck 02.16.23 (Colella L, Colella G, Saunders C,, Ameer S)	61.20
05/23/2023	PR 05.04.23	mtg 05.08.23 ck 05.10.23 (Colella L, Colella G, Saunders C, Esquerete J, Ameer S)	76.50
06/14/2023	PR 06.12.23	mtg 06.12.23 ck 06.15.23 (Colella L, Colella G, Saunders C, Esquerete J, Ameer S)	76.50
07/10/2023	PR 07.10.23	mtg 07.10.23 ck 07.12.23 (Colella L, Colella G, Saunders C, Esquerete J, Ameer S)	76.50
09/14/2023	PR 09.11.23	mtg 09.11.23 ck 09.14.23 (Colella L, Colella G, Esquerete J, Ameer S)	61.20

Total 511.122 • PR Tax Expense	413.10
511.131 • Supervisor Fees
11/17/2022	PR 11.14.22	mtg 11.14.22 ck 11.18.22 (Colella L, Colella G, Eaquerete J, Ameer S)	800.00
02/16/2023	PR 02.13.23	mtg 02.13.23 ck 02.16.23 (Colella L, Colella G, Saunders C,, Ameer S)	800.00
05/23/2023	PR 05.04.23	mtg 05.08.23 ck 05.10.23 (Colella L, Colella G, Saunders C, Esquerete J, Ameer S)	1,000.00
06/14/2023	PR 06.12.23	mtg 06.12.23 ck 06.15.23 (Colella L, Colella G, Saunders C, Esquerete J, Ameer S)	1,000.00
07/10/2023	PR 07.10.23	mtg 07.10.23 ck 07.12.23 (Colella L, Colella G, Saunders C, Esquerete J, Ameer S)	1,000.00
09/14/2023	PR 09.11.23	mtg 09.11.23 ck 09.14.23 (Colella L, Colella G, Esquerete J, Ameer S)	800.00
Total 511.131 • Supervisor Fees	5,400.00
511.301 • Aquatic Lake Maintenance
10/01/2022 188174	Allstate Resource Management Inc.	Lake, Mitigation and Debris	 1,745.00 11/01/2022 188883	Allstate Resource Management Inc.	Lake, Mitigation and Debris Management Services Recurring	1,695.00 11/01/2022  188883	Allstate Resource Management Inc.	Debris Removal Services Recurring		50.00
12/01/2022  189594	Allstate Resource Management Inc.	Lake, Mitigation and Debris	1,745.00
01/01/2023	190332	Allstate Resource Management Inc.	Lake, Mitigation and Debris	1,745.00
02/01/2023	191125	Allstate Resource Management Inc.	Lake, Mitigation and Debris	1,695.00
02/01/2023	191125	Allstate Resource Management Inc.	Debris Removal	50.00
03/01/2023	19126	Allstate Resource Management Inc.	Fountain Maint	1,695.00
03/01/2023	19126	Allstate Resource Management Inc.	Debris Removal	50.00
04/01/2023	19903	Allstate Resource Management Inc.	Lake, Mitigation and Debris	1,695.00
04/01/2023	19903	Allstate Resource Management Inc.	Debris Removal	50.00
05/01/2023	21001	Allstate Resource Management Inc.	Lake, Mitigation and Debris	1,695.00
05/01/2023	21001	Allstate Resource Management Inc.	Debris Removal	50.00
06/01/2023	21710	Allstate Resource Management Inc.	Lake Maint June 2023	1,695.00
06/01/2023	21710	Allstate Resource Management Inc.	Lake Maint June 2023	50.00
07/01/2023	22527	Allstate Resource Management Inc.	Lake, Mitigation and Debris Management Services Recurring	1,695.00 07/01/2023	22527	Allstate Resource Management Inc.	Debris Removal Services Recurring		50.00
08/01/2023	23246	Allstate Resource Management Inc.	Lake, Mitigation and Debris Management Services Recurring	1,695.00 08/01/2023	 23246	Allstate Resource Management Inc.	Debris Removal Services Recurring		50.00
09/01/2023	24034	Allstate Resource Management Inc.	Lake, Mitigation and Debris Management Services Recurring	1,695.00 09/01/2023	24034	Allstate Resource Management Inc.	Debris Removal Services Recurring		50.00
Total 511.301 • Aquatic Lake Maintenance	20,940.00

	Terracina Community Development
Expenditures	District		
	October 2022 through September	2023		

Date		

Invoice 	

Vendor	

Memo		

Amount	

511.307 • Fountain Maintenance	

10/01/2022		

188174	

Allstate Resource Management Inc.	

Fountain Maint		

640.00	
	10/09/2022		188080	Allstate Resource Management Inc.	Fountain Service- Replace White LED White 80-watt SS Set_4 Light		7,890.00	
	11/01/2022		188883	Allstate Resource Management Inc.	Fountain/Aerator Maintenance Services Recurring		640.00	
	12/01/2022		189594	Allstate Resource Management Inc.	Fountain Maint		640.00	
	01/01/2023		190332	Allstate Resource Management Inc.	Fountain Maint		640.00	
	02/01/2023		191125	Allstate Resource Management Inc.	Fountain Maint		640.00	
	03/01/2023		19126	Allstate Resource Management Inc.	Lake, Mitigation and Debris		640.00	
	04/01/2023		19903	Allstate Resource Management Inc.	Fountain Maint		640.00	
	04/12/2023		20527	Allstate Resource Management Inc.	1X Fountain / Aerator Maintenance Services-AM Power Unit FactoryRepair		2,625.00	
	05/01/2023		21001	Allstate Resource Management Inc.	Fountain/ Aerator Maint		640.00	
	06/01/2023		21710	Allstate Resource Management Inc.	Lake Maint June 2023		640.00	
	07/01/2023		22527	Allstate Resource Management Inc.	Fountain/Aerator Maintenance Services Recurring		640.00	
	08/01/2023		23246	Allstate Resource Management Inc.	Fountain/Aerator Maintenance Services Recurring		640.00	
	08/21/2023		24676	Allstate Resource Management Inc.	1X Fountain / Aerator Maintenance Services- Two AM LED Light Set		3,460.00	
	09/01/2023		24034	Allstate Resource Management Inc.	Fountain/Aerator Maintenance Services Recurring		640.00	
Total 511.307 • Fountain Maintenance
511.310 • Engineering	

03/31/2023		

31048	

Engenuity Group, Inc. (formally SFRN)	

Professional Services for the Period: 3/1/2023 to 3/31/2023		21,655.00

594.00	
	05/31/2023		50149	Engenuity Group, Inc. (formally SFRN)	Work Included Lake Bank Washout Site Visits, Coordination 17 Annual Report (2022)		594.00	
	06/28/2023		50309	Engenuity Group, Inc. (formally SFRN)	Electric fountain coordination with FPalin		198.00	
	07/31/2023		50519	Engenuity Group, Inc. (formally SFRN)	Site Meeting on Lakes with Ameer and Sylvia on July 25.		198.00	
	09/30/2023		50745	Engenuity Group, Inc. (formally SFRN)	Annual Report 2023		3,728.00	
Total 511.310 • Engineering
511.311 • Management Fees	

10/31/2022		

2022-1627	

Special District Services, Inc.	

Management Oct 2022		5,312.00

2,996.00	
	11/30/2022		2022-1731	Special District Services, Inc.	Management Nov 2022		2,996.00	
	12/31/2022		2022-1941	Special District Services, Inc.	Management Dec 2022		2,996.00	
	01/31/2023		2023-0028	Special District Services, Inc.	Management Fee Jan 2023		2,996.00	
	02/28/2023		2023-0136	Special District Services, Inc.	Management Fee Feb 2023		2,996.00	
	03/31/2023		2023-0245	Special District Services, Inc.	Management Fee March 2023		2,996.00	
	04/30/2023		2023-0352	Special District Services, Inc.	Management Fee April 2023		2,996.00	
	05/31/2023		2023-0477	Special District Services, Inc.	Management Fee May 2023		2,996.00	
	06/30/2023		2023-0588	Special District Services, Inc.	Management Fee June 2023		2,996.00	
	07/31/2023		2023-0711	Special District Services, Inc.	Management Fee July 2023		2,996.00	
	08/31/2023		2023-0826	Special District Services, Inc.	Management Fee Aug 2023		2,996.00	
	09/30/2023		2023-0944	Special District Services, Inc.	Management Fee Sept 2023		2,996.00	
Total 511.311 • Management Fees							35,952.00	

				Terracina Community Development
Expenditures	District			
				October 2022 through September	2023			

Date		

Invoice 	

Vendor	

Memo		

Amount	
511.312 • Secretarial Fees	
10/31/2022		
2022-1627	
Special District Services, Inc.	
Secretarial Oct 2022		
350.00	
	11/30/2022		2022-1731	Special District Services, Inc.	Secretarial Nov 2022		350.00	
	12/31/2022		2022-1941	Special District Services, Inc.	Secretarial Dec 2022		350.00	
	01/31/2023		2023-0028	Special District Services, Inc.	Secretarial Fee Jan 2023		350.00	
	02/28/2023		2023-0136	Special District Services, Inc.	Secretarial Fee Feb 2023		350.00	
	03/31/2023		2023-0245	Special District Services, Inc.	Secretarial Fee March 2023		350.00	
	04/30/2023		2023-0352	Special District Services, Inc.	Secretarial Fee April 2023		350.00	
	05/31/2023		2023-0477	Special District Services, Inc.	Secretarial Fee May 2023		350.00	
	06/30/2023		2023-0588	Special District Services, Inc.	Secretarial Fee June 2023		350.00	
	07/31/2023		2023-0711	Special District Services, Inc.	Secretarial Fee July 2023		350.00	
	08/31/2023		2023-0826	Special District Services, Inc.	Secretarial Fee Aug 2023		350.00	
	09/30/2023		2023-0944	Special District Services, Inc.	Secretarial Fee Sept 2023		350.00	
Total 511.312 • Secretarial Fees
511.315 • Legal Fees	

10/31/2022		

130272	

Caldwell Pacetti Edwards Schoech & Viator	

Legal Services 10.31.22		4,200.00

1,089.10	
	11/29/2022		130360	Caldwell Pacetti Edwards Schoech & Viator	Legal Services 11.29.22		481.60	
	12/29/2022		130427	Caldwell Pacetti Edwards Schoech & Viator	Legal Services 12.29.22		108.85	
	02/24/2023		130560	Caldwell Pacetti Edwards Schoech & Viator	Legal Services 02.24.23		540.00	
	03/29/2023		130620	Caldwell Pacetti Edwards Schoech & Viator	Legal Services 03.29.23		121.60	
	04/21/2023		130706	Caldwell Pacetti Edwards Schoech & Viator	Legal Services 04.21.23		157.50	
	05/31/2023		130795	Caldwell Pacetti Edwards Schoech & Viator	Legal Services 05.31.23		820.36	
	06/30/2023		131047	Caldwell Pacetti Edwards Schoech & Viator	Legal Services 06.30.23		2,347.15	
	06/30/2023		131047	Caldwell Pacetti Edwards Schoech & Viator	credit $22.50 per Sandra Bolin		-22.50	
	07/31/2023		131094	Caldwell Pacetti Edwards Schoech & Viator	Legal Services 07.31.23		999.10	
	08/24/2023		131176	Caldwell Pacetti Edwards Schoech & Viator	Legal Services 08.24.23		180.00	
	09/22/2023		131252	Caldwell Pacetti Edwards Schoech & Viator	Legal Services 09.22.23		630.00	
Total 511.315 • Legal Fees
511.318 • Assessment/Tax Roll	

09/29/2023		

2023-1146	

Special District Services, Inc.	

Assessment Roll Preparation (per agreement) 2023		7,452.76

8,000.00	
Total 511.318 • Assessment/Tax Roll
511.320 • Audit Fees	

08/29/2023		

363784	

Berger, Toombs, Elam, Gaines & Frank	

Audit Fee for Fiscal Year 2021/2022		8,000.00

4,225.00	
Total 511.320 • Audit Fees
511.450 • Insurance	

10/01/2022		

16401	

Egis Insurance & Risk Advisors	

Renew Policy #100122064 10/01/2022-10/01/2023		4,225.00

6,442.00	
Total 511.450 • Insurance							6,442.00	

				Terracina Community Development
Expenditures	District			
				October 2022 through September	2023			

Date		

Invoice 	

Vendor	

Memo		

Amount	
511.480 • Legal Advertisements	
10/31/2022		
0005017002	
CA Florida Holdings, LLC	
FY 22/23 Mtg Schedule		
247.20	
	06/20/2023		0005677303	CA Florida Holdings, LLC	Notice of PH & Reg Board Mtg		438.78	
	09/30/2023		0005909793	CA Florida Holdings, LLC	RFP for Auditor		225.57	
	09/30/2023		0005909793	CA Florida Holdings, LLC	FY 23/24 Mtg Schedule		241.02	
Total 511.480 • Legal Advertisements
511.512 • Miscellaneous	

10/31/2022		

2022-1627	

Special District Services, Inc.	

Travel Sept 2022		1,152.57

9.75	
	11/17/2022		PR 11.14.22		mtg 11.14.22 ck 11.18.22 (Colella L, Colella G, Eaquerete J, Ameer S)		52.60	
	12/31/2022		2022-1941	Special District Services, Inc.	Travel Nov 2022		9.75	
	02/16/2023		PR 02.13.23		mtg 02.13.23 ck 02.16.23 (Colella L, Colella G, Saunders C,, Ameer S)		52.60	
	03/31/2023		2023-0245	Special District Services, Inc.	Travel Feb 2023		10.21	
	05/23/2023		PR 05.04.23		mtg 05.08.23 ck 05.10.23 (Colella L, Colella G, Saunders C, Esquerete J, Ameer S)		53.25	
	05/23/2023		7310	The Commons Vista Park, LLC	Terracina CDD Reg Board Mtg		31.25	
	06/14/2023		PR 06.12.23		mtg 06.12.23 ck 06.15.23 (Colella L, Colella G, Saunders C, Esquerete J, Ameer S)		53.25	
	06/30/2023		2023-0588	Special District Services, Inc.	Travel May 2023		10.22	
	07/01/2023		7916	The Commons Vista Park, LLC	Terracina CDD Reg Board Mtg		25.00	
	07/10/2023		PR 07.10.23		mtg 07.10.23 ck 07.12.23 (Colella L, Colella G, Saunders C, Esquerete J, Ameer S)		53.25	
	07/31/2023		2023-0711	Special District Services, Inc.	Travel June 2023		10.22	
	08/01/2023		9167	The Commons Vista Park, LLC	Terracina CDD Reg Board Mtg		25.00	
	08/31/2023		2023-0826	Special District Services, Inc.	Travel July 2023		20.44	
	09/14/2023		PR 09.11.23		mtg 09.11.23 ck 09.14.23 (Colella L, Colella G, Esquerete J, Ameer S)		52.60	
Total 511.512 • Miscellaneous
511.513 • Postage and Delivery	

10/31/2022		

2022-1627	

Special District Services, Inc.	

FedEx Sept 2022		469.39

1.03	
	11/30/2022		2022-1731	Special District Services, Inc.	Postage Oct 2022		7.82	
	02/28/2023		2023-0136	Special District Services, Inc.	Postage Jan 2023		2.85	
	05/08/2023		FY 2023 Postage	Anne M. Gannon	Prorated Share of Tax Roll Postage Costs - FY 2023		30.00	
	05/31/2023		2023-0477	Special District Services, Inc.	FedEx April 2023		16.59	
	06/30/2023		2023-0588	Special District Services, Inc.	FedEx May 2023		8.34	
	07/31/2023		2023-0711	Special District Services, Inc.	Postage June 2023		0.60	
	09/30/2023		2023-0944	Special District Services, Inc.	FedEx Aug 2023		12.76	
	09/30/2023		2023-0944	Special District Services, Inc.	Postage Aug 2023		18.18	
Total 511.513 • Postage and Delivery							98.17	

				Terracina Community Development
Expenditures	District			
				October 2022 through September	2023			

Date		

Invoice 	

Vendor	

Memo		

Amount	

511.514 • Office Supplies	

10/31/2022		

2022-1627	

Special District Services, Inc.	

Copier Sept 2022		

48.30	
	10/31/2022		2022-1627	Special District Services, Inc.	Meeting Books Sept 2022		28.00	
	11/30/2022		2022-1731	Special District Services, Inc.	Copier Oct 2022		3.75	
	12/31/2022		2022-1941	Special District Services, Inc.	Copier Nov 2022		63.00	
	12/31/2022		2022-1941	Special District Services, Inc.	Meeting Books Nov 2022		32.00	
	01/31/2023		2023-0028	Special District Services, Inc.	Copier Dec 2022		6.90	
	02/28/2023		2023-0136	Special District Services, Inc.	Copier Jan 2023		3.75	
	03/31/2023		2023-0245	Special District Services, Inc.	Copier Feb 2023		88.20	
	03/31/2023		2023-0245	Special District Services, Inc.	Meeting Books Feb 2023		32.00	
	04/30/2023		2023-0352	Special District Services, Inc.	Copier March 2023		2.25	
	05/31/2023		2023-0477	Special District Services, Inc.	Copier April 2023		9.45	
	06/30/2023		2023-0588	Special District Services, Inc.	Copier May 2023		65.25	
	06/30/2023		2023-0588	Special District Services, Inc.	Meeting Books May 2023		28.00	
	07/31/2023		2023-0711	Special District Services, Inc.	Copier June 2023		74.85	
	07/31/2023		2023-0711	Special District Services, Inc.	Meeting Books June 2023		32.00	
	08/31/2023		2023-0826	Special District Services, Inc.	Copier July 2023		55.35	
	08/31/2023		2023-0826	Special District Services, Inc.	Meeting Books July 2023		28.00	
	09/30/2023		2023-0944	Special District Services, Inc.	Copier Aug 2023		10.80	
Total 511.514 • Office Supplies
511.540 • Dues, License & Subscriptions	

10/03/2022		

86741	

Department of Economic Opportunity	

Special District Fee FY 2022/2023		611.85

175.00	
Total 511.540 • Dues, License & Subscriptions
511.733 • Trustee Fees	

06/13/2023		

2227578	

Computershare Trust Company, N.A.	

Series 2021 - For the Period 06/30/2023 throug...		175.00

3,500.00	
Total 511.733 • Trustee Fees
511.734 • Continuing Disclosure Fee	

09/28/2023		

2023-1073	

Special District Services, Inc.	

Continuing Disclosure Fee - 2022/2023		3,500.00

350.00	
Total 511.734 • Continuing Disclosure Fee							350.00	

				Terracina Community Development
Expenditures	District			
				October 2022 through September	2023			

Date		

Invoice 	

Vendor	

Memo		

Amount	

511.750 • Website Management	

10/31/2022		

2022-1627	

Special District Services, Inc.	

Website Oct 2022		

166.66	
	11/30/2022		2022-1731	Special District Services, Inc.	Website Nov 2022		166.66	
	12/31/2022		2022-1941	Special District Services, Inc.	Website Dec 2022		166.66	
	01/31/2023		2023-0028	Special District Services, Inc.	Website Fee Jan 2023		166.66	
	02/28/2023		2023-0136	Special District Services, Inc.	Website Fee Feb 2023		166.66	
	03/31/2023		2023-0245	Special District Services, Inc.	Website Fee March 2023		166.66	
	04/30/2023		2023-0352	Special District Services, Inc.	Website Fee April 2023		166.66	
	05/31/2023		2023-0477	Special District Services, Inc.	Website Fee May 2023		166.66	
	06/30/2023		2023-0588	Special District Services, Inc.	Website Fee June 2023		166.66	
	07/31/2023		2023-0711	Special District Services, Inc.	Website Fee July 2023		166.66	
	08/31/2023		2023-0826	Special District Services, Inc.	Website Fee Aug 2023		166.66	
	09/30/2023		2023-0944	Special District Services, Inc.	Website Fee Sept 2023		166.66	
Total 511.750 • Website Management
511.800 • Contingency/Fountains	

07/25/2023		

1874	

Russ Total Lawn Maintenance	

secured sinkholes		1,999.92

150.00	
	07/31/2023		23911	Allstate Resource Management Inc.	1X Stormwater Pipe Inspection Service		6,150.00	
	07/31/2023		23910	Allstate Resource Management Inc.	Erosion Repair		5,600.00	
Total 511.800 • Contingency/Fountains							11,900.00	
Total Expenditures							140,248.76	

Terracina Community Development District
Balance Sheet
As of September 30, 2023

Operating Fund

Capital Projects
Fund	Debt Service Fund

General Fixed
Assets Fund	Long Term Debt Fund	TOTAL

ASSETS
Current Assets Checking/Savings		
Bank Account	126,256.29		0.00		0.00	0.00		0.00		126,256.29	
Total Checking/Savings	126,256.29		0.00		0.00	0.00		0.00		126,256.29	

Total Current Assets	
126,256.29		
0.00		
0.00	
0.00		
0.00		
126,256.29	
Fixed Assets											
Storm Water Management	0.00		0.00		0.00	1,770,162.00		0.00		1,770,162.00	
Fountains	0.00		0.00		0.00	114,601.00		0.00		114,601.00	
Accum Depreciation Storm Water Mgt	0.00		0.00		0.00	-885,075.00		0.00		-885,075.00	
Accum Depreciation Fountains	0.00		0.00		0.00	-13,344.00		0.00		-13,344.00	
Total Fixed Assets	0.00		0.00		0.00	986,344.00		0.00		986,344.00	
Other Assets											
Investments Interest Account	0.00		0.00		0.00	0.00		0.00		0.00	
Investments Reserve Account	0.00		0.00		15,431.33	0.00		0.00		15,431.33	
Investments Revenue Account	0.00		0.00		51,824.96	0.00		0.00		51,824.96	
Investments Prepayment Fund	0.00		0.00		0.00	0.00		0.00		0.00	
Investments Sinking Fund	0.00		0.00		0.00	0.00		0.00		0.00	
Investments Cost Of Issuance Account	0.00		0.00		0.00	0.00		0.00		0.00	
A/R Non Ad Valorem Receipts	0.00		0.00		0.00	0.00		0.00		0.00	
Amount Available In DSF	0.00		0.00		0.00	0.00		67,256.29		67,256.29	
Amount To Be Provided	0.00		0.00		0.00	0.00		2,322,743.71		2,322,743.71	
Total Other Assets	0.00		0.00		67,256.29	0.00		2,390,000.00		2,457,256.29	
TOTAL ASSETS	126,256.29		0.00		67,256.29	986,344.00		2,390,000.00		3,569,856.58	
LIABILITIES & EQUITY											
Liabilities
Current Liabilities Accounts Payable
Accounts Payable	

23,518.99		

0.00		

0.00	

0.00		

0.00		

23,518.99	
Total Accounts Payable	23,518.99		0.00		0.00	0.00		0.00		23,518.99	
Total Current Liabilities	23,518.99		0.00		0.00	0.00		0.00		23,518.99	
Long Term Liabilities
Special Assessment Debt (2021)	
0.00		
0.00		
0.00	
0.00		
2,390,000.00		
2,390,000.00	
Total Long Term Liabilities	0.00		0.00		0.00	0.00		2,390,000.00		2,390,000.00	
Total Liabilities	23,518.99		0.00		0.00	0.00		2,390,000.00		2,413,518.99	
Equity											
Net Income	27,767.90		0.00		6,572.99	0.00		0.00		34,340.89	
Current Year Depreciation	0.00		0.00		0.00	0.00		0.00		0.00	
Investments in Gen Fixed Assets	0.00		0.00		0.00	1,884,763.00		0.00		1,884,763.00	
Retained Earnings	74,969.40		0.00		60,683.30	-898,419.00		0.00		-762,766.30	
Total Equity	102,737.30		0.00		67,256.29	986,344.00		0.00		1,156,337.59	
TOTAL LIABILITIES & EQUITY	126,256.29		0.00		67,256.29	986,344.00		2,390,000.00		3,569,856.58