MINUTES OF MEETING ACREE
COMMUNITY DEVELOPMENT DISTRICT

The audit committee meeting of the Board of Supervisors of the Acree Community Development District was held Tuesday, February 11, 2025, at 10:09 a.m. at 1000 Riverside Avenue, Suite 600, Jacksonville, Florida.
Present and constituting a quorum:

George Leone William English Matt Allen Andre Green

Also present:

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

The following is a summary of the actions taken at the February 11, 2025, audit committee meeting of the Acree Community Development District.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Laughlin called the meeting to order at 10:09 a.m. and called the roll. Four Board members were in attendance constituting a quorum.

SECOND ORDER OF BUSINESS	Review and Ranking of Audit Proposals
Mr. Laughlin stated they had received two proposals: one from Berger, Toombs, Elam, Gaines, and Frank and one from Grau & Associates. Mr. Laughlin added that their score, which had been approved at the last meeting, totaled 100. He noted that he would go through his scores, and if the Board agreed, they would need a motion to approve. Mr. Laughlin stated that he gave

February 11, 2025	Acree CDD

both firms a 20 for personnel ability. For proposer experience, he gave both firms a 20. Understanding the scope of work, he gave both firms a 20. He gave Berger, Toombs, Elam, Gaines, and Frank a 10 and Grau & Associates a 20 for the ability to furnish the required services. Mr. Laughlin added that in their experience, many of the audits with Berger, Toombs, Elam, Gaines, and Frank had been late past the deadline. That is why they were given a lower score. The price for Berger, etc., was $10,650.00, and the price for Grau & Associates was $9,900.00, so he gave Grau & Associates 20 points. Mr. Laughlin stated that they were looking for a motion to approve the ranking unless there were comments or questions.

On MOTION by Mr. Leone, seconded by Mr. English, with all in favor, the Review and Ranking of Audit Proposals with Grau & Associates Ranked #1, was approved 4-0.

FOURTH 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.

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