ACREE
Community Development District SEPTEMBER 10, 2024

AGENDA

Acree Community Development District
475 West Town Place
Suite 114 St. Augustine, Florida 32092

September 3, 2024

Board of Supervisors
Acree Community Development District Dear Board Members:
The Regular Meeting of the Board of Supervisors of the Acree Community Development District will be held Tuesday, September 10, 2024 at 10:00 a.m. at 1000 Riverside Avenue, Suite 600, Jacksonville, Florida 32204.

Roll Call

Public Comments (regarding agenda items below)

Consideration of Minutes of the July 31, 2024 Meeting

Discussion of CDD Goals & Objectives

Staff Reports
Attorney

Engineer

Manager

Supervisor’s Request and Public Comments

Ratification of Funding Request No. 6

Financial Statements as of July 31, 2024

Next Scheduled Meeting – October 8, 2024 @ 10:00 a.m.

Adjournment

THIRD ORDER OF BUSINESS

MINUTES OF MEETING ACREE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Acree Community Development District was held Monday, July 31, 2024 at 4:01 p.m. at the offices of Corner Lot Development, 1819 Goodwin Street, Jacksonville, Florida.
Present and constituting a quorum:

George Leone	Chairman
Shannon Acevedo joined late	Vice Chairperson
William English	Supervisor
Josh Beauchamp	Supervisor

Also present:

Daniel Laughlin	District Manager, GMS
Wes Haber by phone	District Counsel, Kutak Rock
Walt Swartz	Corner Lot
Justin Holmes	Corner Lot

The following is a summary of the actions taken at the July 31, 2024 regular meeting of the Board of Supervisors of the Acree Community Development District.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Laughlin called the meeting to order at 9:33 a.m. and called the roll. Three Board members were in attendance constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comments (regarding agenda items
below)
Mr. Laughlin stated no members of the public were present.

July 31, 2024	Acree CDD

THIRD ORDER OF BUSINESS	Consideration of Minutes of the May 29, 2024
Meeting
Mr. Laughlin presented the minutes of the May 29, 2024 meeting and asked if there were any questions, comments, or revisions. The Board had no changes to the minutes.

On MOTION by Mr. Beauchamp, seconded by Mr. English, with all in favor, the Minutes of the May 29, 2024 Meeting, were approved 3-0.

FOURTH ORDER OF BUSINESS	Public Hearings
Public Hearing Expressing the District’s Intent to Utilize the Uniform Method of Levying, Collection and Enforcing Non-Ad Valorem Assessments (197.3632), Resolution 2024-05
Mr. Laughlin noted the first hearing is regarding the District’s intent to utilize the uniform method of levying, collecting and enforcing Non-Ad Valorem assessments. He asked for a motion to open the public hearing.

On MOTION by Mr. Leone, seconded by Mr. English, with all in favor, Opening the Public Hearing, was approved 3-0.

Mr. Laughlin noted there were no members of the public present and asked for a motion to close the public hearing.

On MOTION by Mr. Leone, seconded by Mr. Beauchamp, with all in favor, Closing the Public Hearing, was approved 3-0.

*Ms. Acevedo joined the meeting at this time.
Mr. Haber stated this allows the District to collect assessments on the county tax roll. Mr. Laughlin noted unless there are any questions or comments, he would need a motion to approve Resolution 2024-05.

2

July 31, 2024	Acree CDD

On MOTION by Mr. Leone, seconded by Mr. Beauchamp, with all in favor, Public Hearing Expressing the District’s Intent to utilize the Uniform Method of Levying, Collection and Enforcing Non-Ad Valorem  Assessments  (197.3632),  Resolution  2024-05,  was
approved 4-0.

Public Hearing Adopting the Fiscal Year 2025 Budget
Mr. Laughlin asked for a motion to open the public hearing to adopt the budget.

On MOTION by Mr. Leone, seconded by Mr. Beauchamp, with all in favor, Opening the Public Hearing, was approved 4-0.

Mr. Laughlin noted there were no members of the public present and asked for a motion to close the public hearing.

On MOTION by Mr. Leone, seconded by Mr. English, with all in favor, Closing the Public Hearing, was approved 4-0.

1. Consideration of Resolution 2024-06, Relating the Annual Appropriations and Adopting the Budget for Fiscal Year 2025
Mr. Laughlin stated there was not much change and very similar to last year’s budget. The annual audit has been added in. It is developer funded at this point so it is only collected if it is used. A Board member asked how much was spent last year. Mr. Laughlin noted currently they are at $25k which is from October 2023 until now. More expenses are expected for upcoming FY25.

On MOTION by Mr. Leone, seconded by Mr. Beauchamp, with all in favor, Resolution 2024-06, Relating the Annual Appropriations and Adopting the Budget for Fiscal Year 2025, was approved 4-0.

FIFTH ORDER OF BUSINESS	Consideration of Budget Funding Agreement
for Fiscal Year 2025
Mr. Laughlin stated this is the same as last year since it’s still developer contributions and will only be collected as needed. Mr. Haber noted it is an agreement that obligates to pay actual expenses and if the actual expenses are lower than the budget, the only obligation is to pay actual amounts needed and not the full budget amount.

3

July 31, 2024	Acree CDD

On MOTION by Ms. Acevedo, seconded by Mr. English, with all in favor, the Budget Funding Agreement for Fiscal Year 2025, was approved 4-0.

SIXTH ORDER OF BUSINESS	Discussion of CDD Goals & Objectives
Mr. Laughlin stated a law was passed that the District has to come up with goals and objectives by October 1, 2024. GMS has been working with Counsel to come up with goals and objectives.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Haber had nothing to report but offered to answer any questions.

Engineer
Mr. Schaefer didn’t call in. A Board member noted they went back to Bill on his report because he omitted the amenity from his Engineer’s Report and that needs to be included as part of the funding so waiting on that amendment.

Manager – Discussion of Fiscal Year 2025 Meeting Schedule
Mr. Laughlin stated the Board agreed on the second Tuesday of the month at 10:00 a.m.

On MOTION by Mr. Beauchamp, seconded by Ms. Acevedo, with all in favor, the Fiscal Year 2025 Meeting Schedule, was approved 4-0.

EIGHTH ORDER OF BUSINESS	Supervisor’s Request and Public Comments
Mr. Laughlin noted no members of the public are present and no Supervisor comments.

NINTH ORDER OF BUSINESS	Ratification of Funding Request No. 5
Mr. Laughlin presented funding request No. 5 in the amount of $2,180.50. If there are no questions or comments, staff was seeking a motion to ratify requisition No. 5.

4

July 31, 2024	Acree CDD

On MOTION by Mr. English, seconded by Mr. Beauchamp, with all in favor, Funding Request No. 5, was ratified.

TENTH ORDER OF BUSINESS	Financial Statements as of June 30, 2024
Mr. Laughlin presented the financial statements as of June 30th. No action is required by the Board.

ELEVENTH ORDER OF BUSINESS	Next Scheduled Meeting – To Be Determined
Mr. Laughlin stated that the next scheduled meeting will be September 10 at 10:00 a.m. at the corner lot office.

TWELFTH ORDER OF BUSINESS	Adjournment
Mr. Laughlin adjourned the meeting.

On MOTION by Mr. Leone seconded by Mr. English, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

5

FOURTH ORDER OF BUSINESS

Memorandum
To: Board of Supervisors From: District Management Date: September 10, 2024
RE:	HB7013 – Special Districts Performance Measures and Standards

To enhance accountability and transparency, new regulations were established for all special districts, by the Florida Legislature, during their 2024 legislative session. Starting on October 1, 2024, or by the end of the ﬁrst full ﬁscal year after its creation (whichever comes later), each special district must establish goals and objectives for each program and activity, as well as develop performance measures and standards to assess the achievement of these goals and objectives. Additionally, by December 1 each year (initial report due on December 1, 2025), each special district is required to publish an annual report on its website, detailing the goals and objectives achieved, the performance measures and standards used, and any goals or objectives that were not achieved.
District Management has identiﬁed the following key categories to focus on for Fiscal Year 2025 and develop statutorily compliant goals for each:
Community Communication and Engagement
Infrastructure and Facilities Maintenance
Financial Transparency and Accountability
Additionally, special districts must provide an annual reporting form to share with the public that reﬂects whether the goals & objectives were met for the year. District Management has streamlined these requirements into a single document that meets both the statutory requirements for goal/objective setting and annual reporting.
The proposed goals/objectives and the annual reporting form are attached as exhibit A to this memo. District Management recommends that the Board of Supervisors adopt these goals and objectives to maintain compliance with HB7013 and further enhance their commitment to the accountability and transparency of the District.

Exhibit A:
Goals, Objectives and Annual Reporting Form

Acree Community Development District Performance Measures/Standards & Annual Reporting Form
October 1, 2024 – September 30, 2025

 Community Communication and Engagement
Goal 1.1: Public Meetings Compliance
Objective: Hold at two regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of two board meetings were held during the Fiscal Year.
Achieved: Yes ☐ No ☐

Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of meetings in accordance with Florida Statutes, using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication. Standard: 100% of meetings were advertised per Florida statute on at least two mediums (i.e., newspaper, CDD website, electronic communications).
Achieved: Yes ☐ No ☐

Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records.
Standard: 100% of monthly website checks were completed by District Management.
Achieved: Yes ☐ No ☐

 Infrastructure and Facilities Maintenance
Goal 2.1: Field Management and/or District Management Site Inspections Objective: Field manager and/or district manager will conduct inspections per
District Management services agreement to ensure safety and proper functioning of the District’s infrastructure.
Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by ﬁeld manager and/or district manager’s reports, notes or other record keeping method.
Standard: 100% of site visits were successfully completed as described within district management services agreement
Achieved: Yes ☐ No ☐

Goal 2.2: District Infrastructure and Facilities Inspections
Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems.
Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems.
Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer.
Achieved: Yes ☐ No ☐
 Financial Transparency and Accountability
Goal 3.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and ﬁnal budget was adopted by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and ﬁnal budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes ☐ No ☐
Goal 3.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current ﬁscal year budget with any amendments, and most recent ﬁnancials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and ﬁnancials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended ﬁscal year budget, and most recent agenda package with updated ﬁnancials.
Achieved: Yes ☐ No ☐

Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent ﬁnancial audit per statutory requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing ﬁrm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes ☐ No ☐

Chair/Vice Chair:		Date:	 Print Name:	 
Acree Community Development District

District Manager:		Date:	 Print Name:	 
Acree Community Development District

SEVENTH ORDER OF BUSINESS

Acree
Community Development District	Funding Request #6
August 31, 2024

PAYEE	GENERAL FUND	
			
1	Governmental Management Services		
	Inv# 15 - Management Fees - July 2024	$	1,010.15	
	Inv# 16 - Management Fees - August 2024	1,022.94	
2	Kutak Rock LLP		
	Inv# 3436948 - General Counsel - May 2024	459.00	

TOTAL	$	2,492.09

Please make check payable to:

Acree Community Development District
475 West Town Place Ste 114 St Augustine FL 32092

Governmental Management Services, LLC
1001 Bradford Way
Kingston, TN 37763

Invoice

Bill To:
Acree CDD
475 West Town Place Suite 114
St. Augustine, FL 32092

Invoice #: 15
Invoice Date: 7/1/24
Due Date: 7/1/24
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount	
Management Fees - July 2024		750.00	750.00	
Website Administration - July 2024		100.00	100.00	
Information Technology - July 2024		150.00	150.00	
Copies		1.80	1.80	
Telephone		8.35	8.35	

Total	$1,010.15	
Payments/Credits	$0.00	
Balance Due	$1,010.15	

Governmental Management Services, LLC
1001 Bradford Way
Kingston, TN 37763

Invoice

Bill To:
Acree CDD
475 West Town Place Suite 114
St. Augustine, FL 32092

Invoice #: 16
Invoice Date: 8/1/24
Due Date: 8/1/24
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount	
Management Fees - August 2024		750.00	750.00	
Website Administration - August 2024		100.00	100.00	
Information Technology - August 2024		150.00	150.00	
Office Supplies		0.06	0.06	
Postage		1.28	1.28	
Copies		21.60	21.60	

Total	$1,022.94	
Payments/Credits	$0.00	
Balance Due	$1,022.94	

K U T A K  R O C K  L L P
TALLAHASSEE, FLORIDA
Telephone 404-222-4600
Facsimile 404-222-4654

Federal ID 47-0597598

August 12, 2024

Check Remit To: Kutak Rock LLP PO Box 30057
Omaha, NE 68103-1157

ACH/Wire Transfer Remit To:
ABA #104000016
First National Bank of Omaha
Kutak Rock LLP A/C # 24690470
Reference: Invoice No. 3436948 Client Matter No. 42123-1
Notification Email: eftgroup@kutakrock.com

Mr. Jim Oliver Acree CDD
c/o Governmental Mangement Services, LLC Suite 114
475 West Town Place
St. Augustine, FL 32092	Invoice No. 3436948
42123-1

Re:	General
For Professional Legal Services Rendered

05/16/24	K. Jusevitch	0.20	33.00	Prepare	budget	resolution	and
	correspond	with	district	manager
regarding same	
05/17/24	W. Haber	0.30	108.00	Review draft agenda and confer with	
				Laughlin  and  Sweeting  regarding	
				same	
05/22/24	K. Jusevitch	0.20	33.00	Correspond  with  district  manager	
				regarding election matters	
05/23/24	K. Jusevitch	0.20	33.00	Review agenda for follow up items	
05/28/24	W. Haber	0.20	72.00	Prepare for Board meeting	
05/29/24	W. Haber	0.50	180.00	Prepare for and participate in Board	
				meeting	

TOTAL HOURS	1.60
TOTAL FOR SERVICES RENDERED	$459.00
TOTAL CURRENT AMOUNT DUE	$459.00

PRIVILEGED AND CONFIDENTIAL
ATTORNEY-CLIENT COMMUNICATION AND/OR WORK PRODUCT

EIGHTH ORDER OF BUSINESS

Acree
Community Development District

Unaudited Financial Reporting
July 31, 2024

Table of Contents

	Balance Sheet

	General Fund Income Statement

	Month to Month

	Developer Contributions

1

	Acree		
	Community Development District Combined Balance Sheet
July 31, 2024		
		General	
		Fund	

Assets:			
Cash:			
Operating Account		$	15,656	
Assessments Receivable		-	
Due from Developer		2,181	
Total Assets		$	17,837	

Liabilities:			
Accounts Payable		$	1,212	
Accounts FICA Payable		-	
Due to Debt Service		-	
Total Liabilites		$	1,212	

Fund Balance:			
Nonspendable:			
Prepaid Items		$	-	
Deposits		-	
Unassigned		16,625	
Total Fund Balances		$	16,625	
			
Total Liabilities & Fund Balance		$	17,837	

1

Acree
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending July 31, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 07/31/24	Thru 07/31/24	Variance	

Revenues:		
Developer Contributions	$	125,893	$	104,911	$	22,681	$	(82,230)	
Interest Income	-	-	-	-	
Total Revenues	$	125,893	$	104,911	$	22,681	$	(82,230)	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	10,000	$	-	$	10,000	
FICA Expense	918	-	765	-	765	
Engineering	12,000	10,000	-	10,000	
Attorney	25,000	20,833	8,301	12,532	
Assessment Administration	5,000	-	-	-	
Management Fees	45,000	37,500	7,500	30,000	
Dissemination	7,500	6,250	-	6,250	
Information Technology	1,800	1,500	1,500	-	
Website Maintenance	1,200	1,000	1,000	-	
Telephone	500	417	18	399	
Postage & Delivery	1,500	1,250	24	1,226	
Insurance	5,500	5,500	5,000	500	
Printing & Binding	1,200	1,000	189	811	
Legal Advertising	5,000	4,167	759	3,408	
Other Current Charges	600	500	280	220	
Office Supplies	1,000	833	2	831	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	125,893	$	101,690	$	24,748	$	76,942	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	3,221	$	(2,067)	$	(159,172)	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	-	$	3,221	$	(2,067)	$	(159,172)	
					
Fund Balance - Beginning	$	-		$	18,692		
					
Fund Balance - Ending	$	-		$	16,625		

2

Acree
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Revenues:

Developer Contributions Interest Income	$	8,582
-	$	2,556
-	$	1,611
-	$	2,173
-	$	1,067
-	$	1,027
-	$	1,203
-	$	1,077
-	$	1,205
-	$	2,181
-	$	-	
-	$	-	
-	$	22,681
-	
Total Revenues	$	8,582	$	2,556	$	1,611	$	2,173	$	1,067	$	1,027	$	1,203	$	1,077	$	1,205	$	2,181	$	-	$	-	$	22,681	

Expenditures:												
General & Administrative:												
Supervisor Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
FICA Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	
Engineering	-	-	-	-	-	-	-	-	-	-	-	-	-	
Attorney	2,227	1,541	609	1,173	2,550	-	202	-	-	-	-	-	8,301	
Assessment Administration	-	-	-	-	-	-	-	-	-	-	-	-	-	
Management Fees	750	750	750	750	750	750	750	750	750	750	-	-	7,500	
Dissemination	-	-	-	-	-	-	-	-	-	-	-	-	-	
Information Technology	150	150	150	150	150	150	150	150	150	150	-	-	1,500	
Website Maintenance	100	100	100	100	100	100	100	100	100	100	-	-	1,000	
Telephone	-	10	-	-	-	-	-	-	-	8	-	-	18	
Postage & Delivery	20	2	1	-	-	-	1	-	-	-	-	-	24	
Insurance	5,000	-	-	-	-	-	-	-	-	-	-	-	5,000	
Printing & Binding	112	2	1	-	1	27	-	1	44	2	-	-	189	
Legal Advertising	-	-	-	-	-	-	-	76	556	127	-	-	759	
Other Current Charges	55	16	18	18	19	99	20	12	11	12	-	-	280	
Office Supplies	0	1	0	-	-	-	0	-	-	-	-	-	2	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total General & Administrative	$	8,590	$	2,571.57	$	1,629.17	$	2,191.04	$	3,569.89	$	1,125.35	$	1,222.78	$	1,089.18	$	1,610.06	$	1,148.93	$	-  $	-  $	24,748	
												
Excess (Deficiency) of Revenues over Expenditures	$	(8)	$	(16)	$	(18)	$	(18)	$	(2,503)	$	(99)	$	(20)	$	(12)	$	(405)	$	1,032	$	-  $	-  $	(2,067)	

Other Financing Sources/Uses:												
Transfer In/(Out)	-	-	-	-	-	-	-	-	-	-	-	-	-	
Total Other Financing Sources/Uses	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-	
												
Net Change in Fund Balance	$	(8)	$	(16)	$	(18)	$	(18)	$	(2,503)	$	(99)	$	(20)	$	(12)	$	(405)	$	1,032	$	-  $	-  $	(2,067)	

3

Acree Community Development District Developer Contributions/Due from Developer

Funding
Request #	Date Prepared	Date
Payment Received	Check Amount	Total
Funding Request FY23	Total
Funding Request FY24	Capital
(Due to Developer)	Over and
(short) Balance Due	

1	
5/17/23	
8/2/23	
$	20,250.00	
$	20,250.00	
$	-	
$	
-	$	-	
2	9/8/23	10/25/24	$	10,942.59	$	10,942.59	$	-	$	-	$	-	
3	2/11/24	3/6/24	$	19,365.47	$	4,615.77	$	14,749.70	$	-	$	-	
4	4/30/24	7/3/24	$	5,750.36		$	5,750.36	$	-	$	-	
5	7/1/24				$	2,180.55	$	-	$	2,180.55	

Due from Developer	$	56,308.42	$	35,808.36	$	22,680.61	$	-	$	2,180.55	
						
Total Developer Contributions		$	35,808.36	$	22,680.61			

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