ACREE
Community Development District OCTOBER 8, 2024

AGENDA

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

October 1, 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, October 8, 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 September 10, 2024 Meeting

Appointment of Audit Committee

Staff Reports
Attorney

Engineer

Manager

Supervisor’s Request and Public Comments

Consideration of Funding Request No. 7

Financial Statements as of August 31, 2024

Next Scheduled Meeting – November 12, 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 Tuesday, October 10, 2024 at 10:05 a.m. at 1000 Riverside Avenue, Suite 600, Jacksonville, Florida.
Present and constituting a quorum:

George Leone	Chairman
Shannon Acevedo	Vice Chairperson
Josh Beauchamp	Supervisor
Rick Egger	Supervisor

Also present:

Daniel Laughlin	District Manager
Wes Haber by phone	District Counsel
Bill Schaefer by phone	District Engineer
Walt Schwartz	Corner Lot
Justin Holmes	Corner Lot
Jeremy Wannamaker	Corner Lot
Cole Blaker	Corner Lot

The following is a summary of the actions taken at the September 10, 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 10:05 a.m. and called the roll. Four 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 for comment and the next item followed.

September 10, 2024	Acree CDD

THIRD ORDER OF BUSINESS	Consideration of Minutes of the July 31, 2024
Meeting
Mr. Laughlin presented the minutes of the July 31, 2024 meeting and asked if there were any questions, comments, or revisions. The Board had no changes to the minutes and there was a motion of approval.

On MOTION by Mr. Egger, seconded by Mr. Beauchamp, with all in favor, the Minutes of the July 31, 2024 Meeting, were approved 4- 0.

FOURTH ORDER OF BUSINESS	Discussion of CDD Goals & Objectives
Mr. Laughlin stated that new Florida statute will require CDDs to adopt goals and objectives for Fiscal Year 2025. At the end of the Fiscal Year there will be a post on the website where the goals were achieved. He presented the goals and objectives that were a collaboration of GMS and District Counsel to meet the requirements. He offered to answer any Board questions on this item. There being none, there was a motion of approval.

On MOTION by Mr. Leone, seconded by Mr. Egger, with all in favor, Adoption of CDD Goals and Objectives, was approved 4-0.

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

Engineer
Mr. Schaefer noted that he had updated the engineer’s report with changes that include reducing the acreage and presented the product types while presenting other important changes. The latest form will be reviewed by staff before bringing it to the Board for approval at a later meeting.

Manager
Mr. Laughlin had nothing to report to the Board and offered to answer any questions.

2

September 10, 2024	Acree CDD

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

SEVENTH ORDER OF BUSINESS	Ratification of Funding Request No. 6
Mr. Laughlin presented funding request No. 6 in the amount of $2,492.09. If there are no questions or comments, staff was seeking a motion to ratify requisition No. 6.

On MOTION by Mr. Leone, seconded by Mr. Egger, with all in favor, Funding Request No. 6, was ratified.

EIGHTH ORDER OF BUSINESS	Financial Statements as of July 31, 2024
Mr. Laughlin presented the financial statements as of July 31st. No action is required by the Board.

NINTH ORDER OF BUSINESS	Next Scheduled Meeting – October 8, 2024 @
10:00 a.m.
Mr. Laughlin stated that the next scheduled meeting will be October 8th at 10:00 a.m. at the corner lot office.

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

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

Secretary/Assistant Secretary	Chairman/Vice Chairman

3

SEVENTH ORDER OF BUSINESS

Acree
Community Development District	Funding Request #7
September 30, 2024

TOTAL	$	1,769.29	$	5,200.00

PAYEE

EGIS
Inv #24431 FY25 insurance Renewal 10/1/24 - 10/1/2025

Governmental Management Services
Inv# 17 - Management Fees - September 2024

Kutak Rock LLP
Inv# 3453890 - General Counsel - June 2024
Inv# 3453892 - Boundary Amendment - June 2024

5,200.00

$

655.00
108.00

1,006.29

$

FY25

FY24

GENERAL FUND

GENERAL FUND

	Total Funding Request	
Please make check payable to:

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

t;_ll'.ijJ9Jn'#r:_>>:: Acree Community Development
W tG .....·•·	;ct	
D. le.;	' >< 08/19/2024	
: , Jt'tiii:ft•:I
- - -fYlc::·e:·•	Kristina Rudez	

,

Acree Community Development District c/o Governmental Management Services 475 West Town Place, Suite 114

w.• ,p yii) Q\c!nform tipn ......·:>'/••·CY! • 1 9fa,(s'ij&w &  $	5,200.00 e.ijY.IJ! -"f A)!JQi(J-lJ --
lnvoice#24431	
1001241041		

St. Augustine, FL 32092

X ---------------------···-P-lea-s-e -de-t-ac-h-a-n-d -re-tu-r-n -w-ith--pa-y-m-en-t-------------·-·---··-----
customer: Acree Community Development District

10/01/2024

24431

Renew policy

<iDesC"riJ)tiO"ri
Policy #1001241041 10/01/2024-10/01/2025
Florida Insurance Alliance

Package - Renew policy Due Date: 8/19/2024

5,200.00

$

5,200.00

FOR PAYMENTS SENT OVERNIGHT:
Bank of America Lockbox Services, Lockbox 748555, 6000 Fefdwood Rd. College Park, GA 30349

Remit Payment To: Egis Insurance Advisors
P.O. Box 748555
Atlanta, GA 30374-8555

(321)233-9939

sclimer@egisadvisors.com

08/19/2024

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 #: 17
Invoice Date: 9/1/24
Due Date: 9/1/24
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount	
Management Fees - September 2024		750.00	750.00	
Website Administration - September 2024		100.00	100.00	
Information Technology - September 2024		150.00	150.00	
Copies		1.35	1.35	
Telephone		4.94	4.94	

Total	$1,006.29	
Payments/Credits	$0.00	
Balance Due	$1,006.29	

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

September 26, 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. 3453890 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. 3453890
42123-1

Re:	General
For Professional Legal Services Rendered

06/10/24	W. Haber	0.20	72.00	Review budget notices	
06/10/24	K. Jusevitch	0.40	66.00	Correspond  with  district  manager	
				regarding	meeting	documents;	
				prepare budget and uniform method	
				notices; confer with Haber regarding	
				same	
06/12/24	K. Jusevitch	0.20	33.00	Correspond  with  district  manager	
07/02/24	W. Haber	0.40	144.00	Review and revise budget notices	
07/02/24	K. Jusevitch	0.40	66.00	Prepare budget and uniform method hearing	documents;	confer	with	
07/03/24	K. Jusevitch	0.20	Haber regarding same
33.00	Correspond with district manager regarding	budget	and	uniform	
07/15/24	G. Lovett	0.10	method documents
25.00	Research matters relating to district rules of procedure and incorporation	
07/31/24	W. Haber	0.60	of new legislation
216.00	Prepare for and participate in Board	

regarding meeting documents and resolutions

meeting

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

KUTAK ROCK LLP
Acree CDD September 26, 2024
Client Matter No. 42123-1 Invoice No. 3453890
Page 2
TOTAL HOURS	2.50

TOTAL FOR SERVICES RENDERED	$655.00	
TOTAL CURRENT AMOUNT DUE	$655.00	
UNPAID INVOICES:		
July 8, 2024	Invoice No. 3421530	136.00	
August 12, 2024	Invoice No. 3436948	459.00	
TOTAL DUE	$1,250.00	

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

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

September 26, 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. 3453892 Client Matter No. 42123-5
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. 3453892
42123-5

Re:	Boundary Amendment
For Professional Legal Services Rendered

06/21/24	W. Haber	0.30	108.00	Prepare	correspondence	regarding
boundary and expansion parcels
TOTAL HOURS	0.30
TOTAL FOR SERVICES RENDERED	$108.00
TOTAL CURRENT AMOUNT DUE	$108.00

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

EIGHTH ORDER OF BUSINESS

Acree
Community Development District

Unaudited Financial Reporting
August 31, 2024

Table of Contents

	Balance Sheet

	General Fund Income Statement

	Month to Month

	Developer Contributions

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

Assets:			
Cash:			
Operating Account		$	15,637	
Assessments Receivable		-	
Due from Developer		4,673	
Total Assets		$	20,309	

Liabilities:			
Accounts Payable		$	2,335	
Accounts FICA Payable		-	
Due to Debt Service		-	
Total Liabilites		$	2,335	

Fund Balance:			
Nonspendable:			
Prepaid Items		$	-	
Deposits		-	
Unassigned		17,974	
Total Fund Balances		$	17,974	
			
Total Liabilities & Fund Balance		$	20,309	

1

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

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/24	Thru 08/31/24	Variance	

Revenues:		
Developer Contributions	$	125,893	$	115,402	$	25,173	$	(90,229)	
Interest Income	-	-	-	-	
Total Revenues	$	125,893	$	115,402	$	25,173	$	(90,229)	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	11,000	$	-	$	11,000	
FICA Expense	918	-	842	-	842	
Engineering	12,000	11,000	-	11,000	
Attorney	25,000	22,917	8,301	14,615	
Assessment Administration	5,000	-	-	-	
Management Fees	45,000	41,250	8,250	33,000	
Dissemination	7,500	6,875	-	6,875	
Information Technology	1,800	1,650	1,650	-	
Website Maintenance	1,200	1,100	1,100	-	
Telephone	500	458	18	440	
Postage & Delivery	1,500	1,375	25	1,350	
Insurance	5,500	5,500	5,000	500	
Printing & Binding	1,200	1,100	211	889	
Legal Advertising	5,000	4,583	859	3,725	
Other Current Charges	600	550	299	251	
Office Supplies	1,000	917	2	915	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	125,893	$	111,292	$	25,890	$	85,401	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	4,110	$	(718)	$	(175,630)	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	-	$	4,110	$	(718)	$	(175,630)	
					
Fund Balance - Beginning	$	-		$	18,692		
					
Fund Balance - Ending	$	-		$	17,974		

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
-	$	2,492
-	$	-	
-	$	25,173
-	
Total Revenues	$	8,582	$	2,556	$	1,611	$	2,173	$	1,067	$	1,027	$	1,203	$	1,077	$	1,205	$	2,181	$	2,492	$	-	$	25,173	

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	750	-	8,250	
Dissemination	-	-	-	-	-	-	-	-	-	-	-	-	-	
Information Technology	150	150	150	150	150	150	150	150	150	150	150	-	1,650	
Website Maintenance	100	100	100	100	100	100	100	100	100	100	100	-	1,100	
Telephone	-	10	-	-	-	-	-	-	-	8	-	-	18	
Postage & Delivery	20	2	1	-	-	-	1	-	-	-	1	-	25	
Insurance	5,000	-	-	-	-	-	-	-	-	-	-	-	5,000	
Printing & Binding	112	2	1	-	1	27	-	1	44	2	22	-	211	
Legal Advertising	-	-	-	-	-	-	-	76	556	127	100	-	859	
Other Current Charges	55	16	18	18	19	99	20	12	11	12	20	-	299	
Office Supplies	0	1	0	-	-	-	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	$	1,142	$	-  $	25,890	
													
Excess (Deficiency) of Revenues over Expenditures	$	(8)	$	(16)	$	(18)	$	(18)	$	(2,503)	$	(99)	$	(20)	$	(12)	$	(405)	$	1,032	$	1,350	$	-  $	(718)	

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	$	1,350	$	-  $	(718)	

3

Acree Community Development District Developer Contributions/Due from Developer

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

1	
5/17/23	
8/2/23	
$	20,250.00	
$	-	
$	
-	$	-	
2	9/8/23	10/25/24	$	10,942.59	$	-	$	-	$	-	
3	2/11/24	3/6/24	$	19,365.47	$	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	
6	8/31/24			$	2,492.09	$	-	$	2,492.09	

Due from Developer	$	56,308.42	$	25,172.70	$	-	$	4,672.64	
					
Total Developer Contributions		$	25,172.70			

4