Villages of Westport Community Development District
12051 Corporate Boulevard, Orlando, FL 32817, 407-723-5900, FAX 407-723-5901 www.villagesofwestportcdd.com

The SPECIAL meeting of the Board of Supervisors of Villages of Westport Community Development District will be held Friday, June 19, 2020 at 11:00 a.m. via conference call due to the COVID-19 Executive Orders 20-112 & 20-114. Attached to this Agenda is a copy of the Executive Orders 20- 112 & 20-114. The following is the proposed agenda for this meeting.

Call in number: 1-844-621-3956 (New) Passcode: 790 562 990 # (New)
 BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Call to Order
Roll Call
Public Comment Period[for any members of the public desiring to speak on any proposition before the Board]

Discussion regarding Executive Orders 20-112 and 20-114

General Business Matters
Consideration of Minutes of the April 10, 2020 Board of Supervisors’ Meeting
Consideration of Resolution 2020-06, Authorizing Boundary Amendment
Consideration of Resolution 2020-07, Electing Officers
Review & Acceptance of the Arbitrage Rebate Calculation Report Series 2005A
Ratification of Payment Authorizations 2019-53 & 2019-54
Review of District Financial Statements (under separate cover)

Other Business
Staff Reports
District Counsel
District Engineer
District Manager
Audience Comments
Supervisors Requests
Adjournment

Villages of Westport Community Development District

Discussion regarding Executive Orders 20-112 and 20-114

STATE OF FLORIDA
OFFICE OF THE GOVERNOR EXECUTIVE ORDER NUMBER 20-112
(Phase 1: Safe. Smart. Step-by-Step. Plan for Florida's Recovery)

WHEREAS, on March 9, 2020, I issued Executive Order 20-52 declaring a state of emergency for the entire State of Florida as a result of COVID-19; and
WHEREAS, on April 3, 2020, I issued Executive Order 20-91 and Executive Order

20-92 directing all persons in Florida to limit their movements and personal interactions outside of their home only to those necessary to obtain or provide essential services or conduct essential activities; and
WHEREAS, my administration has implemented a data-driven strategy devoted to

high-volume testing and aggressive contact tracing, as well as strict screening protocols in long-term care facilities to protect vulnerable residents; and
WHEREAS, data collected by the Florida Department of Health indicates the State

has achieved several critical benchmarks in flattening the curve, including a downward trajectory of hospital visits for influenza-like illness and COVID-19-like syndromic cases, a decrease in percent positive test results, and a significant increase in hospital capacity since March 1, 2020; and
WHEREAS, during the week of April 20, 2020, I convened the Task Force to Re­

Open Florida to evaluate how to safely and strategically re-open the State; and

WHEREAS, the path to re-opening Florida must promote business operation and economic recovery while maintaining focus on core safety principle s.

NOW, THEREFORE, I, RON DESANTIS, as Governor of Florida, by virtue of the authority vested in me by Article IV, Section (l)(a) of the Florida Constitution and Chapter 252, Florida Statutes, and all other applicable laws, promulgate the following
Executive Order:

Section 1.	Phase 1 Recovery

In concert with the efforts of President Donald J. Trump and the White House Coronavirus Task Force, and based on guidance provided by the White House and the Centers for Disease Control and Prevention (CDC), the Occupational Safety and Health Administration (OSHA), and the Florida Surgeon General and State Health Officer, Dr. Scott Rivkees , I hereb y adopt the following in response to the recommendations in Phase 1 of the plan published by the Task Force to Re-Open Florida.
Section 2.	Responsible Individual Activity

All persons in Florida shall continue to limit their personal interactions outside the home ; however , as of the effective date of this order, persons in Florida may provide or obtain:
All services and activities currently allowed, i.e., those described in

Executive Order 20-91 and its attachments, which include activities detailed in Section 3 of Executive Order 20-91, the U.S. Department of Homeland Security in its Guidance on the Essential Critical Infrastructure Workforce and a list propounded by Miami-Dade County in multiple orders (as of April 1, 2020), as well as other services and activities approved by the State Coordinating Officer. Such services should continue to follow safety

guidelines issued by the CDC and OSHA. If necessary, employee screening or use of personal protective equipment should continue.
Additional services responsibly provided in accordance with Sections 3 and 4 of this order in counties other than Miami-Dade, Broward and Palm Beach. In Miami-Dade, Broward and Palm Beach counties, allowances for services and activities from Sections 3 and 4 of this order will be considered in consultation with local leadership.
Except as provided in Section 2(A)( I) of this order, senior citizens and individuals with a significant underlying medical condition (such as chronic lung disease, moderate-to-severe asthma, serious heart conditions, immunocompromised status, cancer, diabetes, severe obesity, renal failure and liver disease) are strongly encouraged to stay at home and take all measures to limit the risk of exposure to COVID-19.
For the duration of this order, all persons in Florida should:

l. Avoid congregating in large groups. Local jurisdictions shall ensure that groups of people greater than ten are not permitted to congregate in any public space that does not readily allow for appropriate physical distancing.
Avoid nonessential travel, including to U.S. states and cities outside of Florida with a significant presence ofCOVID-19.
Adhere to guidelines from the CDC regarding isolation for 14 days following travel on a cruise or from any international destination and any area with a significant presence of COVID-19.

This order extends Executive Order 20-80 (Airport Screening and Isolation) and Executive Order 20-82 (Isolation oflndividuals Traveling to Florida), with exceptions for persons in volve d in military, eme rgency, health or infrastructure response or involved in commercial activity. This order extends Sections 1 (C) and 1(D) of Executive Order 20-86 (Additional Requirements of Certain Individuals Traveling to Florida), which authorize the Department of Transportation, with assistance from the Florida Highway Patrol and county sheriffs, to continue to implement checkpoints on roadways as necessary.
Section.3.	Businesses Restricted by Previous Executive Orders

Unless I direct otherwise, for the duration of this order, the following applies to businesses directly addressed by my previous Executive Orders:
Bars, pubs and nightclubs that derive more than 50 percent of gross revenue from the

sale of alcoholic beverages shall continue to suspe nd the sale of alcoholic beverages for on-premises consumption. This provision extends Executive Order 20-68, Section 1 as modified by Executive Order 20-71, Sections 1 and 2.
Restaurants and food establishments licensed under Chapters 500 or 509, Florida Statutes, may allow on-premises consumption of food and beverage, so long as they adopt appropriate social distancing measures and limit their indoor occupancy to no more than 25 percent of their building occupancy. In addition, outdoor seating is permissible with appropriate social distancing. Appropriate social distancing requires maintaining a minimum of 6 feet between parties, only seating parties of 10 or fewer people and keeping bar counters closed to sea ting. This provision

extends Executive Order 20-68, Section 3 and supersedes the conflicting provisions of Executive Order 20-71, Section 2 regarding on-premises food consumption.
Gyms and fitness centers closed by Executive Order 20-71 shall remain closed.

0 . The prohibition on vacation rentals in Executive Order 20-87 remains in effect for the duration of this order.
E. The Department of Busine ss and Professional Regulation shall utilize its authorities under Florida law to implement and enforce the provisions of this  order  as appropriate.
Section 4.	Other Affected Business Services

Unless I direct othe rwise, for the duration of this order, the followin g applies to other business services affected by my previou s Executive Orders:
In-store retail sales establishments may open storefronts if they operate at no more than 25 percent of their building occupancy and abide by the safety guidelines issued by the CDC and OSHA.
Museums and libraries may open at no more than 25 percent of their building occupancy, provided, however, that (a) local public museums and loc al public libraries may operate only if permitted by local government, and (b) any components of museums or libraries that have interactive functions or exhibits, including child play areas, remain closed.
Section 5.	Medical Procedure s

Subject to the conditions outlined below, elective procedures prohibited by Exec utive Order 20-72 may resume when this order goes into effect. A hospital ambulatory surgical center , office surgery center, dental office, orthodontic office, endodontic office or other health care

practitioners ' office in the State of Florida may perform procedures prohibited by Executive Order 20-72 only if:
The facility has the capacity to immediately convert additional facility-identified surgical and intensive care beds for treatment of COVID-19 patients in a surge capacity situation;
The facility has adequate personal protective equipment (PPE) to complete all medical procedures and respond to COVID-19 treatment needs, without the facility seeking any additional federal or state assistance regarding PPE supplies;
The facility has not soug ht any additional federal, state, or local government assistance regarding PPE supplies since resuming elective procedures; and
The facility has not refused to provide support to and proactively engage with skilled nursing facilities, assisted living facilities and other long-term care residential providers.
The Agency for Health Care Administration and the Department of Health shall utilize their authority under Florida law to further implement and enforce these requirements. This order supersedes the conflicting provisions of Executive Order 20-72.
Section 6.	Previous Executive Orders Extended

The Executive Order 20-69 (Local Government Public Meetings) is extended for the duration of this order.
Section 7.	Enforcement

This order shall be enforced under section 252.47, Florida Statutes. Violation of this order is a second-degree misdemeanor pursuant to section 252.50, Florida Statutes, and is punishable by imprisonment not to exceed 60 days, a fine not to exceed $500, or both.

Section 8.	Effective Date

This order is effective at 12:0I a.m. on May 4, 2020.

IN TESTIMONY WHEREOF , I have hereunto set my hand and caused the Great Seal of the State of Florida to be affixed, at Tallahassee, this 29th day of April, 2020.

ATTEST:

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STATE	OF FLORIDA
OFFICE OF THE GOVERNOR EXECUTIVE ORDER NUMBER 20-114
(Emergency Management-Extension ofExecutiveOrder20-52-COVID-19)

WHEREAS, on March 1, 2020, I issued Executive Order 20-51 , directing the Florida Department of Health to issue a Public Health Eme rgency due to COVID-19 ; and
WHEREAS, on March 9, 2020, I issued Executive Order 20-52, declaring a state of emergency for the entire state due to COVID-19; and
WHEREAS, on March 25, 2020, President Donald J. Trump approved my request and declared a Major Disaster due to COVID-19 in Florida; and
WHEREAS, on April 29, 2020, after consulting  with my Task Force to Re-Open Flo rida, J is s ued Executive Order 20-112, my "P hase 1: Safe. Smart. Step-by-Step. Plan for Florida' s Recove ry"; and
WHEREAS, I, as Governor of Florida, am committed to providing all available resources and assisting all Floridians and our local communities with their efforts; and
WHEREAS, no state of emerge ncy declared pursuant to the Florida Emergency Management Act may continue for more than 60 days unless renewed by the Governor; and
WHEREAS, the impact of COVID-19 poses a continuing threat to the health, safety and welfare of the State of Florida and its residents.
NOW, THEREFORE, I, RON DESANTIS , as Governor of Florida , by virtue of the authority vested in me by Article IV, Section 1(a) of the Florida Constitution and by the Florida Emergency Management Act, as amended, and all other applicable laws, promulgate the following Executive Order, to take immediate effect:

Section 1.	The state of emergency declared in Exec utive Order 20-52, will be extended for 60 days following the iss uance of this order for the entire State of Florida.
Section 2. To the extent Executive Order 20-112, Phase l: Safe. Smart. Step-by-Step. Plan for Florida' s Recovery, amended or extended any executive order related to COVID-19, the referenced executive orders shall re main in effect, as modified.
Section 3. All action s taken by the Director of the Division  of  Emergency  Management as the State Coordinating Officer with respect to this emergency before the issuance of this Executive Order are ratified, and he is directed to continue to execute the State's Comprehensive Emergency Management Plan and other response, recovery, and miti ga tio n plans necessary to cope with the emergency.
Section 4.	Except as amended herein, Executive Order 20-52 is ratified and reaffirmed.

IN TESTIMONY WH EREOF, I have hereunto set my hand and caused the Great Seal of the State of Florida to be affixed, at Tallahassee, this 8t	of May, 2020.

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Villages of Westport Community Development District

Consideration of the Minutes of the April 10, 2020 Board of Supervisors’ Meeting

MINUTES OF MEETING

VILLAGES OF WESTPORT COMMUNITY DEVELOPMENT DISTRICT
BOARD OF SUPERVISORS’ MEETING MINUTES
Friday, April 10, 2020
12:00 PM
Via conference call due to the COVID-19 Executive Order 20-69.

Present and constituting a quorum:

Kelly McCarrick	Chairperson	(via phone)
Henry Simmons	Assistant Secretary	(via phone)
Syron Stewart	Assistant Secretary	(via phone)
Andy Hagan	Assistant Secretary	(via phone)
James Stowers	Board Member	(via phone) Also present were:
Vivian Carvalho	District Manager-PFM Group Consulting, LLC	(via phone)
Venessa Ripoll	Assistant District manager- PFM Group Consulting, LLC (via phone)
Jennifer Glasgow	PFM Group Consulting, LLC	(via phone)
Kimberly Riffle	PFM Group Consulting, LLC	(via phone) Wes Haber	District Counsel- Hopping Green & Sams	(via phone) Mike Veazey	Project Manager- ICI Homes	(via phone) Audience Members Present Via Speakerphone

FIRST ORDER OF BUSINESS	Organizational Matters Call to Order and Roll Call
The meeting was called to order by Ms. Carvalho at 12:07 p.m. and roll call was initiated. Present via speakerphone are the following Board Member; Kelly McCarrick, Henry Simmons, Syron Stewart, James Stowers, and Andy Hagan. Others in attendance are listed above.

Public Comment Period

There were not public comments at this time.

Discussion regarding Executive Orders 20-52 and 20-69

Mr. Haber provided an overview of the Executive Order.

Ms. Carvalho noted the next time the Board meets in person there will be a resolution to ratify the action taken by the Board at the telephonic meetings.

Administer Oath of Office to Newly Appointed Board Member James Stowers

Mr. Stowers oath of office was administered prior to today’s meeting. Ms. Carvalho asked him if he wants to receive or waive compensation. He chose to waive compensation.

SECOND ORDER OF BUSINESS	General Business Matters

Consideration of the Minutes of the January 10, 2020 Board of Supervisors Meeting

The Board reviewed the Minutes of the January 10, 2020 Board of Supervisors’ Meeting.

On MOTION by Ms. McCarrick, seconded by Mr. Stowers, with all those in favor, the Board approved the Minutes of the January 10, 2020 Board of Supervisors’ Meeting.

Consideration of the Minutes of the	November	1,	2018
Landowners’ Election Meeting
The Board reviewed the Minutes of the November 1, 2018 Landowners’ Election Meeting. The record keeping does not reflect that the District has had the Board approve these prior to today. Ms. Carvalho requested a motion to approve the minutes of the November 1, 2019.

On MOTION by Ms. McCarrick seconded by Mr. Stowers, with all those in favor, the Board approved the Minutes of the November 1, 2018 Landowners’ Election Meeting.

Ratification of Resolution 2020-04, Designating Board Member Seats for the Upcoming General Election

Ms. Carvalho noted this District has a General Election approaching. Resolution 2020-04 outlines all the seats and the terms. Seat 1 which is held by Ms. McCarrick and Seat 5 which is held by Mr. Hagan, are up for the General Election. Both seats expire November 2020. Ms. Carvalho asked for a motion to approve the resolution as presented and instructing the Supervisor of Elections to proceed with including those two seats in the General Election ballot.

On MOTION by Ms. Stewart, seconded by Mr. Hagan, with all those in favor, the Board approved Resolution 2020-04, Designating Board Member Seats for the Upcoming General Election.

Review Revised Rules of Procedure Per Statue Changes

Ms. Carvalho asked Mr. Haber to discuss the revised rules of Procedure and the following resolution.

Mr. Haber explained his firm put together a set of rules for the CDD to adopt which govern the operations of the CDD. He provided an overview of the Rules of Procedure Document. The rules have been revised in the past based on statutory changes in the law as well as changes District Counsel thought better for purposes of District’s operations. His firm amended the Rules of Procedure again.

Consideration of Resolution 2020- 01, Setting Public Hearing for Revised Rules of Procedure

Mr. Haber explained Resolution 2020-01 sets a public hearing to adopt the Revised Rules of Procedure. It includes a copy of the rules as they now exist with redlined changes to those rules. He recommended the Board table the consideration of the motion to set the public hearing and give the Board an opportunity to review the rules and the proposed changes. The resolution and the rules will be put back on the agenda when the Board has a better idea of when they will be able to meet in person.

On MOTION by Ms. McCarrick, seconded by Mr. Stowers, with all in favor, the Board tabled agenda items 6 & 7 the Resolution 2020-01,

Consideration of Resolution 2020- 02, Adopting an Internal Controls Policy Consistent with Section 218.33

Mr. Haber provided an overview. This is not required to be adopted by a public hearing. This Resolution is a result of a change in the law that requires units of government to establish and maintain an Internal Controls Policy to detect fraud, waste and abuse. The Internal Controls Policy for this District was prepared in consult with Auditing Companies and the District Manager. All believed these policies were sufficient. District  Management indicated they would be able to comply with those polices. Mr. Haber recommended the Board adopt Resolution 2020-02.

On MOTION by Mr. Stowers, seconded by Ms. McCarrick, with all those in favor, the Board approved Resolution 2020-02, Adopting an Internal Controls Policy Consistent with Section 218.33.

Consideration of Resolution 2020- 03, Approving Preliminary Budget for Fiscal Year 2021 and Setting a Public Hearing Date

District staff suggested July 10, 2020 as the public hearing date which coincides with the District’s next Board Meeting. Prior to execution and approval of this resolution Mr. Haber will have a provision included in the resolution due to COVID-19 if the District does have to meet via phone for the public hearing.

Ms. Glasgow walked through the proposed changes to the Proposed Budget FY2021. The current cap for the gross assessment is $548.48. The assessment amount is under that cap. She explained the Supervisor fees increased from $800.00 to $2,400.00 to allow for three Board of Supervisors to receive compensation. Management fees increased from $15,000.00 to $25,000.00. Insurance increased slightly by $129.00 based on information received from the insurance company. The R&M building and Grounds line item were reduced slightly. Ms. Glasgow wasn’t sure if Amenity Security was too high at $54,000.00. Ms. McCarrick asked the notice cap on this community. Ms. Glasgow responded it is an annual gross assessment of $548.48 and the District is way under that amount. A discussion took place.

On MOTION by Ms. McCarrick, seconded by Mr. Stowers, with all those in favor, the Board approved Resolution 2020-03, Approving Preliminary Budget for fiscal Year 2021 with net revenues of $333,348.00 and gross assessments per unit of $194.17 and Setting July 10, 2020 at the location of ICI as the Public Hearing Date, in substantial form adding language that the hearing may be conducted remotely pursuant to Executive Orders as they may be extended. In the event conditions allow, to be held in person.

Ms. McCarrick noted Mr. Veazey is available to answer any questions on the budget. The budget will be adopted formally in July. Ms. Stewart noted she got locked out of the call and just got back in she asked what the last line item in reference to. Ms. McCarrick responded the Board was reviewing the budget to approve in preliminary form and set a public hearing for its final adoption.

Consideration of Resolution 2020- 05, Canvassing and Certifying the Results of the Landowners’ Election

The Board reviewed the results of the Landowners’ Election and Ms. Carvalho requested a motion to approve Resolution 2020-05.

On MOTION by Ms. McCarrick, seconded by Ms. Stewart, with all in favor, the Board approved Resolution 2020-05, Canvassing and Certifying the Results of the Landowners’ Election.

Ratification	of	Payment Authorizations 2019-47 - 2019-52

The Board reviewed Payment Authorizations 2019-47 - 2019-52. These are payment authorizations specifically for the operations and maintenance of the District’s budget.

On MOTION by Mr. Stowers, seconded by Ms. McCarrick, with all those in favor, the Board ratified Payment Authorizations 2019-47 - 2019-52

Review	of	District	Financial Statements

The Board reviewed the Financial Statements. The Financials are as of March 31, 2020. No action was necessary and there were no questions or comments.

THIRD ORDER OF BUSINESS	Other Business Staff Reports
District Counsel – No Report

District Engineer – Not Present

District Manager – Ms. Carvalho noted that the next meeting is scheduled for July 10, 2020. The public hearing on the budget will take place on this date. District staff will keep the Board informed if the Executive Order will be lifted or extended and if it will be held telephonically or in person.

Audience Comments and Supervisor Requests

Ms. Stewart provided and update of Security issues with the community. As a block Captain she put together a group of people who can follow up with Leland Management and implementing penalties for repeat offenders and issues. She asked Mr. Veazey to reach out to Reid Wicker and let him follow through with the Violations Review Board. Mr. Veazey stated Reid Wicker is the Association Manager that deals with covenant enforcement and restrictions for the POA related issues and is not related to the Community Development District. He will speak to Mr. Wicker offline. Mr. Haber stated it is appropriate for her to get the information but the District and HOA must make sure they stay within their individual rights on what they have the ability to enforce.

Mr. Simmons stated a resident had an idea of a parade for the graduates since the graduates will not have a graduation and be able to celebrate. Mr. Haber responded the roads are City owned. This is not anything the CDD can control. The question is what role the CDD would play. It’s the recommendation of insurers that all facilities in CDDs be closed down and to the extent that there is an event that is CDD sponsored, approved, or encouraged there are attorneys that will look for any reason to file a lawsuit against an entity that has deep pockets. It is a risk decision for the Board to make. It is an event that can take place without the CDD authorizing it and if they are not on CDD property. Jake reached out to the local Sherriff’s Office. The roads are owned by the City of Jacksonville and he cannot regulate the activity on the roads. If the homeowners organize a parade and they use the Amenity Facility to park in it is gong against the mandates by the City, Local and State Governments regulations due to the COVID-19. Jake is willing to help in that situation and request approval from the Jacksonville Sheriff’s Office. It would be outside the contract that he has with the CDD. He has support from Law Enforcement that will be there also. He cannot authorize any attempt to bring that event into the Amenity Facilities. Mr. Haber noted if any aspect of the

parade would use any CDD property such as Amenity Center Parking that is something the Board would need to approve but the Amenity Center is parked down and no one should be parking there without Board authorization.

Mr. Simmons suggested putting billboard at each entry area. Mr. Veazey is concerned of the maintenance of the billboards. The CDD does not want to give ability to residents to put information on the billboards. Ms. Stewart provided examples of items that would be included. Ms. Stewart volunteered to put the messages on the billboards. Ms. McCarrick suggested talking to Leland about having a resident section of the POA website that would allow things to be posted by neighbors. Ms. McCarrick is concerned about the long-term impact and maintenance to the billboards. A discussion took place. Ms. McCarrick would like to revisit this conversation. Ms. Stewart will discuss with neighbors and bring it up at the next meeting.

Ms. Carvalho called the names of members of the public to see if any had comments or questions.

Jake with Advanced Security provided an update of the issues. A lengthy discussion ensued about jurisdiction areas.

FOURTH ORDER OF BUSINESS	Adjournment

There was no additional business to be discussed. Ms. Carvalho requested a motion to adjourn.

On MOTION by Ms. Stewart, seconded Mr. Hagan, with all those in favor, the April 10, 2020 Board of Supervisors Meeting of the Villages of Westport CDD was adjourned at 1:02 PM

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Villages of Westport Community Development District

Consideration of Resolution 2020-06, Authorizing Boundary Amendment

RESOLUTION NO. 2020-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VILLAGES OF WESTPORT COMMUNITY DEVELOPMENT DISTRICT JOINING THE LANDOWNER IN FILING A PETITION WITH THE FLORIDA LAND AND WATER ADJUDICATORY COMMISSION REQUESTING THE ADOPTION OF A RULE AMENDING THE DISTRICT’S BOUNDARIES, AND AUTHORIZING SUCH OTHER ACTIONS AS ARE NECESSARY IN FURTHERANCE OF THE BOUNDARY AMENDMENT PROCESS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Villages of Westport Community Development District (the “District”) is a unit of special-purpose government established pursuant to the Uniform Community Development District Act of 1980, as codified in Chapter 190, Florida Statutes (the “Uniform Act”), and Rule 42QQ-1, Florida Administrative Code, as amended (the “Rule”); and

WHEREAS, the District presently consists of 1,493 acres, more or less, as more fully described in the Rule; and

WHEREAS, CC Westport, LLC, a Florida limited liability company, (“Landowner”), owns the majority of the real property within the District; and

WHEREAS, the Landowner has advised the District that it intends on filing a petition seeking the removal of certain property contained within the District (the “Boundary Amendment”); and
WHEREAS, the property to be removed as part of the Boundary Amendment is depicted in the attached Exhibit A and consists of approximately 1,119.29 acres (the “Contraction Parcel”); and

WHEREAS, the District does not provide any facilities or services to the Contraction Parcel and, prior to the effective date of the Boundary Amendment, all assessments levied against the Contraction Parcel will be paid in full; and

WHEREAS, it is anticipated that additional amenity facilities will be constructed within the Contraction Parcel for the use by single family homes within the Contraction Parcel (the “Future Amenity Facilities”); and

WHEREAS, it is also anticipated that the Future Amenity Facilities will be owned by either a homeowners association or community development district created for the Contraction Parcel (the “Facilities Owner”); and

WHEREAS, the Landowner has agreed that, prior to the effective date of the Boundary Amendment, it will take the necessary steps to ensure that the District shall have the option, in the District’s sole discretion, to enter into an agreement with the Facilities Owner to allow for the homeowners within the remaining District, as depicted in the attached Exhibit B (the “Amended

District”) to have access to the Future Amenity Facilities, which agreement shall also provide for an obligation on the part of the Amended District to pay a reasonable proportionate share of the costs to operate and maintain the Future Amenity Facilities; and

WHEREAS, the Future Amenity Facilities shall not include any amenity facilities constructed within the Contraction Parcel for high density or multi-family development that are to be used by only residents of such high density or multi-family development; and;

WHEREAS, it is anticipated that the unplatted portions of the Amended District will be developed to include single family homes, together with entry features, common areas, recreation improvements, and landscaping (collectively the “Future District Improvements”) and that the Future District Improvements will be conveyed to the District and that the District will accept the Future District Improvements for ownership, operation, and maintenance; and

WHEREAS, as of the date of this Resolution, Exhibits A and B reflect the boundaries of both the Contraction Parcel and the Amended District, however, it is possible that minor adjustments to such boundaries may be necessary and the District desires to delegate authority to the District’s Chairperson to approve any such adjustments that do not exceed a net total of 25 acres (“Minor Boundary Adjustment”); and

WHEREAS, the District is willing to consent to the removal of the Contraction Parcel and desires to join Landowner in seeking the Boundary Amendment; and

WHEREAS, the Boundary Amendment is in the best interests of the District because, amongst other reasons, it will enhance the likelihood of the future development of the Contraction Parcel, including the construction of the Future Amenity Facilities; and

WHEREAS, the area of land within the Amended District will continue to be of sufficient size, sufficiently compact, and sufficiently contiguous to be developable as one functionally related community; and

WHEREAS, for the area of land that will lie in the Amended District, the District is the best alternative available for delivering community development services and facilities; and

WHEREAS, removal of the Contraction Parcel from the District is not inconsistent with either the State or local comprehensive plan; and

WHEREAS, the Amended District is amenable to separate special district government; and

WHEREAS, in order to seek a boundary amendment pursuant to Chapter 190, Florida Statutes, the District desires to authorize District staff, including but not limited to legal, engineering, and managerial staff, to provide such services as are necessary throughout the pendency of the boundary amendment process; and

WHEREAS, the retention of any necessary consultants and the work to be performed by District staff may require the expenditure of certain fees, costs, and other expenses by the District as authorized by the District’s Board; and

WHEREAS, the Landowner has agreed to provide sufficient funds to the District to reimburse the District for any expenditures including, but not limited to, legal, engineering and other consultant fees, filing fees, administrative, and other expenses, if any; and

WHEREAS, the District desires to join the Landowner in the filing of a petition to amend its boundaries in accordance with the procedures and processes described in Chapter 190, Florida Statutes, which processes include the preparation of a petition to the Florida Land and Water Adjudicatory Commission, and such other actions as are necessary in furtherance of the boundary amendment process.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE VILLAGES OF WESTPORT COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The recitals as stated above are true and correct and by this reference are incorporated into and form a material part of this Resolution.

SECTION 2. The Board hereby directs the Chairperson and District staff to proceed in an expeditious manner to work jointly with the Landowner with the preparation and filing of a joint petition and related materials with the Florida Land and Water Adjudicatory Commission, to seek the amendment of the District’s boundaries to remove the Contraction Parcel, pursuant to Chapter 190, Florida Statutes, and authorizes the prosecution of the procedural requirements detailed in Chapter 190, Florida Statutes, for the amendment of the District’s boundaries.

SECTION 3. The Board hereby authorizes the District Chairperson and District Counsel, Hopping Green & Sams, to act as agents of the District with regard to any and all matters pertaining to the Boundary Amendment, including the petition to the Florida Land and Water Adjudicatory Commission to amend the boundaries of the District, and including authorization to the Chairperson to approve any Minor Boundary Adjustment.

SECTION 4. This Resolution shall become effective upon its passage.

PASSED AND ADOPTED this 	day of 	, 2020.

ATTEST:	VILLAGES OF WESTPORT
COMMUNITY DEVELOPMENT DISTRICT

Assistant Secretary	Chairman/Vice-Chairman, Board of Supervisors

Exhibit A

Exhibit B

Villages of Westport Community Development District

Consideration of Resolution 2020-07, Electing Officers

RESOLUTION 2020-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VILLAGES OF WESTPORT COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT, AND PROVIDING FOR AN EFFECTIVE DATE

WHEREAS, the VILLAGES OF WESTPORT COMMUNITY DEVELOPMENT
DISTRICT (hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, pursuant to Section 190.006(6), Florida Statutes, as soon as practicable after each election or appointment to the Board of Supervisors (the “Board”), the Board shall organize by electing one of its members as chair and by electing a secretary, and such other officers as the Board may deem necessary.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE VILLAGES OF WESTPORT COMMUNITY DEVELOPMENT DISTRICT
Section 1. 	is elected Chairman. Section 2. 		is elected Vice Chairman.
Section 3. 	is elected Secretary.
 	is elected Assistant Secretary.
 	is elected Assistant Secretary.
 	is elected Assistant Secretary.
 	is elected Assistant Secretary.

Section 4. 	is elected Treasurer.

Section 5. 	is elected as Assistant Treasurer.

Section 6.	All resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict.

Section 7.	This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS DAY of June, 2020

VILLAGES OF WESTPORT COMMUNITY DEVELOPMENT
ATTEST:	DISTRICT

Secretary/Assistant Secretary	Chairman/Vice-Chairman

Villages of Westport Community Development District

Review & Acceptance of the Arbitrage Rebate Calculation Report Series 2005A

Villages of Westport Community Development District
$24,345,000 Capital Improvement Revenue Bonds, Series 2005A
Installment Date Computation

For the period February 14, 2005 through January 31, 2020

GNP Services, CPA, PA
www.gnpcpas.com
904-278-8980
630 Kingsley Avenue	P.O. Box 1179
Orange Park, FL 32073	Orange Park, FL 32067-1179

April 10, 2020

Ms. Jennifer Walden Villages of Westport CDD
c/o PFM Group Consulting LLC 12051 Corporate Boulevard
Orlando, Florida 32817

RE: Installment Date Computation

Dear Ms. Walden:

GNP Services, CPA, PA has been requested to compute the Rebatable Arbitrage Liability with respect to the Villages of Westport Community Development District
$24,345,000 Capital Improvement Revenue Bonds, Series 2005A. All computations included herein are mathematically accurate and have been performed in accordance with the Code. All capitalized terms are defined in the attached report.

There is no Rebatable Arbitrage Liability or Yield Reduction Payment Amount for the Cumulative Computation Period. Accordingly, there is no amount due to the
U.S. Government as of the Current Installment Computation Date.

The next Installment Computation Date is January 31, 2025.

Please see attached supporting schedules for further details. If you have questions regarding this report, or any other concerns, please call (904) 278‐8980.

Very truly yours,

GNP Services, CPA, PA Enclosure
cc: Ms. Stacey Johnson, U.S. Bank Global Corporate Trust Ms. Kelly McCarrick, ICI Homes

CONTENTS
DEFINITIONS	1
SUMMARY OF BOND DOCUMENT REPRESENTATIONS AND
RELATED CONCLUSIONS	2
ASSUMPTIONS	3
SOURCES AND USES	4
CONCLUSIONS
Arbitrage Yield/Investment Yield Comparison	4
Rebatable Arbitrage Liability Expectation	5
Rebatable Arbitrage Liability	5
Restricted Yield/Investment Yield Comparison	5
RECORD KEEPING REQUIREMENTS	6

SUPPORTING SCHEDULES

SYNOPSIS OF COMPUTATION RESULTS

REBATABLE ARBITRAGE LIABILITY COMPUTATIONS

Acquisition & Construction Fund	A

Debt Service Reserve Fund	B

Deferred Cost Fund	C

YIELD REDUCTION PAYMENT COMPUTATIONS

Acquisition & Construction Fund ‐ Yield Restriction Proof	D

Definitions

Arbitrage Yield ‐ The semiannual discount rate at which the present value of payments of principal and interest equals the par amount of the bonds adjusted as follows: if applicable, plus accrued interest and original issue premium, and less original issue discount, cost of credit enhancement and/or reserve surety.
Bona Fide Debt Service Fund ‐ A fund that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year and that may be excluded from the Rebatable Arbitrage Liability computation if the requirements specified in the Code for the Bona Fide Debt Service Fund exemption are met.
Bond Documents ‐ Certificate as to Arbitrage and Certain Other Tax Matters and IRS Form 8038‐G executed as of the Issue Date and information regarding the investment and expenditures of gross proceeds. Nothing has come to our attention that has led us to conclude that any of the information included in these documents has been affected by events or circumstances occurring after their respective dates.
Bonds ‐ Villages of Westport Community Development District $24,345,000 Capital Improvement Revenue Bonds, Series 2005A
Code ‐ Section 148(f) of the Internal Revenue Code of 1986 and existing applicable Treasury Regulations
Cumulative Computation Period ‐ The period beginning on the Issue Date and ending on the Current Installment Computation Date
Cumulative Rebatable Arbitrage Liability ‐ The Rebatable Arbitrage Liability for the Cumulative Computation Period
Current Computation Period ‐ The period beginning on January 31, 2019 and ending on the Current Installment Computation Date
Current Installment Computation Date ‐ January 31, 2020
Debt Service Funds ‐ The Prepayment, Interest, Revenue and Sinking Funds
Installment Computation Dates ‐ Any date not later than the fifth anniversary of the Issue Date of the Bonds and each subsequent fifth year thereafter. For the Bonds, the Installment Computation Dates are January 31, 2010 and each subsequent fifth January 31 thereafter.
Issue Date ‐ February 14, 2005
Issuer ‐ Villages of Westport Community Development District

Rebatable Arbitrage Liability ‐ The excess of receipts over payments calculated in accordance with the Code
Rebatable Arbitrage Liability Payment Due Date ‐ The date that is no later than sixty days past each Installment Computation Date
Restricted Yield ‐ The Arbitrage Yield plus .125 percentage points
Yield Reduction Payment Amount ‐ The payment amount made to the federal government in order to reduce the yield on investment of Bond proceeds to meet yield restriction requirements under the Code
Yield Restricted Period ‐ The period beginning on February 14, 2008 and ending on the Current Installment Computation Date

Summary of Bond Document Representations and Related Conclusions

Representations
The Bond Documents state the following:
The Bonds were issued on February 14, 2005.
The Debt Service Reserve Fund is “reasonably required” in accordance with the Code.
The temporary period for the Acquisition & Construction Fund is three years.
The Debt Service Funds are expected to meet the requirements of a Bona Fide Debt Service Fund.
The Arbitrage Yield is 5.623551%.
The Bonds were issued for the purpose of financing the cost of acquiring, constructing and equipping assessable improvements; paying certain costs associated with the issuance of the Bonds; making a deposit into the Reserve Accounts for the benefit of all of the Bonds; and paying a portion of the interest to become due on the Bonds.

Related Conclusions
We have concluded the following:
The Bonds are subject to the 1993 Regulations. New regulations or rulings that apply to the Bonds may be enacted. If so, it should be determined

that the computation of the Rebatable Arbitrage Liability complies with any applicable changes.
The next Rebatable Arbitrage Liability Payment Due Date is April 1, 2025, assuming an Installment Computation Date of January 31, 2025.
The Debt Service Reserve Fund may be invested at an unrestricted yield.
No yield reduction payments will be required for the Yield Restricted Period. We have relied upon the Prior Analyst’s Report (as hereinafter defined) with respect to yield restriction for the period from February 14, 2008 through January 31, 2010.
During the Current Computation Period the Debt Service Funds were invested at a yield lower than the Arbitrage Yield. Including the transaction activity recorded in the Debt Service Funds in the event that the Bona Fide Debt Service Fund exemption requirements are not met would only serve to increase the amount of negative arbitrage for the Bonds. Therefore, we have excluded the transaction activity recorded in the Debt Service Funds from the calculation of Cumulative Rebatable Arbitrage Liability. The Debt Service Funds and any other replacement proceeds must be analyzed for each Bond year to determine whether they are exempt from rebate requirements.

Assumptions

Certain Bond documents, financial records and other materials relevant to the computation of the Rebatable Arbitrage Liability have been provided to us by various parties. Nothing has come to our attention to lead us to conclude that any of the information provided includes errors or omissions; therefore we have assumed that all information included in the materials provided to us is accurate and complete.

We have assumed that all transaction activity provided to us is includable in the computation of the Rebatable Arbitrage Liability under the Code.

We have assumed the financial schedules and information provided with respect to the proceeds is accurate in all respects, including dates and amounts of the cash flow transactions. We further assumed that a current cash outlay occurred no later than 5 banking days after the date on which the allocation of gross proceeds to an expenditure was made.

We have relied on the report prepared by Grau & Associates with respect to the Rebatable Arbitrage Liability as of January 31, 2010 (the “Prior Analyst’s Report”).

Sources and Uses

Sources

Uses

Acquisition & Construction Fund	$ 21,168,628.67	
Debt Service Reserve Fund	1,682,870.00	
Capitalized Interest	957,671.33	
Costs of Issuance	195,000.00	
Accrued Interest	48,885.46	
Total	$ 24,053,055.46	

Conclusions

Arbitrage Yield/Investment Yield Comparison
The Arbitrage Yield is stated in the Bond Documents to be 5.623551%. The Bond Documents further state that the computation of the Arbitrage Yield is based on a year of 360 days comprised of twelve 30‐day months with interest compounding semi‐annually.

The yield on the U.S. Bank Money Market and SBA Obligations (the “Combined Treasury Yield”) is calculated to be 2.320437% as shown on Schedules A‐C. The Combined Treasury Yield is based on a year of 360 days comprised of twelve 30‐ day months with interest compounding semi‐annually.

Arbitrage Yield
5.623551%

Combined
Treasury Yield 2.320437%

0%

1%

2%

3%

4%

5%

6%

Negative Arbitrage

Rebatable Arbitrage Liability Expectation
The Combined Treasury Yield on the Gross Proceeds that are subject to the Rebatable Arbitrage Liability computation was less than the Arbitrage Yield during the Current Computation Period, as shown above. This results in an expectation of negative Rebatable Arbitrage Liability with respect to those Gross Proceeds as shown on Schedules A‐C. The results are in accordance with expectations.

Rebatable Arbitrage Liability
The Rebatable Arbitrage Liability computation results in a Cumulative Rebatable Arbitrage Liability in the negative amount of $(4,259,725.60). Therefore no payment is due as of the Current Installment Computation Date.

Restricted Yield/Investment Yield Comparison
Based on the Arbitrage Yield as stated in the Bond Documents, we have determined that the Restricted Yield of 5.748551% is equal to the Arbitrage Yield plus .125%.

The Acquisition & Construction Yield on the restricted proceeds (the “Yield on Restricted Proceeds”) is calculated to be 0.199715% as shown on Schedule D for the period from January 31, 2010 though the Current Installment Computation Date.

Restricted Yield
5.748551%

Yield on
Restricted Funds 0.199715%

0%

1%

2%

3%

4%

5%

6%

No Yield Reduction Payment Amount

Record Keeping Requirements

Records evidencing the transaction data used to calculate arbitrage rebate and yield restriction amounts must be maintained until three years after the last outstanding bond of the issue is redeemed. This report, and documentation we maintain in our files, cannot be relied upon to meet the record retention requirement.

SYNOPSIS OF COMPUTATION RESULTS
As of the Current Installment Computation Date 31‐Jan‐20

Villages of Westport Community Development District
$24,345,000 Capital Improvement Revenue Bonds, Series 2005A

Current Computation Period		
Acquisition & Construction Fund	$	(1,378.11)	
Debt Service Reserve Fund	(25,191.42)	
Deferred Cost Fund	(6,670.92)	
Computation Date Credit	(1,760.00)	

Current Computation Period Total Rebatable Arbitrage Liability	
$	(35,000.45)	

Cumulative Computation Period		
Current Computation Period Total Rebatable Arbitrage Liability	$	(35,000.45)	
Future Value of Rebatable Arbitrage Liability Reported at 1/31/19	(4,224,725.15)	

Cumulative Rebatable Arbitrage Liability	
$	(4,259,725.60)	

Gross Proceeds Subject to Arbitrage Rebate Remaining As of the Current Installment Computation Date

Acquisition & Construction Fund	$	49,845.61	
Debt Service Reserve Fund	750,137.25	
Deferred Cost Fund	208,262.12	
Debt Service Funds	173,672.85	
Total	$	1,181,917.83	

Schedule A
Rebatable Arbitrage Liability Computation Acquisition & Construction Fund

Villages of Westport Community Development District
$24,345,000 Capital Improvement Revenue Bonds, Series 2005A

Issue Date	14‐Feb‐05	Combined Treasury Yield	2.320437%	
Beginning Date	31‐Jan‐19	Arbitrage Yield	5.623551%	
Computation Date	31‐Jan‐20	Total Earnings	$	881.58	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	

31‐Jan‐19	
$	‐	
$	(26,067.84)	
$	(58.45)	
$	26,067.84	
$	(27,616.17)	
$	26,126.29	
01‐Feb‐19			0.38	26,067.84	0.40	(0.38)	
04‐Feb‐19		(0.38)		26,068.22	(0.40)	0.38	
20‐Feb‐19			58.07	26,068.22	61.19	(58.00)	
20‐Feb‐19		(58.07)		26,126.29	(61.19)	58.00	
01‐Mar‐19			0.12	26,126.29	0.13	(0.12)	
04‐Mar‐19		(0.12)		26,126.41	(0.13)	0.12	
11‐Mar‐19		(6,569.39)		32,695.80	(6,900.30)	6,552.97	
15‐Mar‐19			52.32	32,695.80	54.92	(52.18)	
15‐Mar‐19		(52.32)		32,748.12	(54.92)	52.18	
27‐Mar‐19	82.50			32,665.62	86.44	(82.21)	
01‐Apr‐19			0.12	32,665.62	0.13	(0.12)	
02‐Apr‐19		(0.12)		32,665.74	(0.13)	0.12	
10‐Apr‐19		(1,592.24)		34,257.98	(1,664.99)	1,585.45	
16‐Apr‐19			57.88	34,257.98	60.47	(57.61)	
16‐Apr‐19		(57.88)		34,315.86	(60.47)	57.61	
22‐Apr‐19		(1,761.73)		36,077.59	(1,838.82)	1,752.94	
01‐May‐19			0.10	36,077.59	0.10	(0.10)	
02‐May‐19		(0.10)		36,077.69	(0.10)	0.10	
10‐May‐19			60.97	36,077.69	63.46	(60.60)	
10‐May‐19		(60.97)		36,138.66	(63.46)	60.60	
13‐May‐19		(1,676.65)		37,815.31	(1,744.36)	1,666.14	
03‐Jun‐19			0.11	37,815.31	0.11	(0.11)	
04‐Jun‐19		(0.11)		37,815.42	(0.11)	0.11	
12‐Jun‐19			80.56	37,815.42	83.44	(79.91)	
12‐Jun‐19		(80.56)		37,895.98	(83.44)	79.91	
26‐Jun‐19		(1,657.46)		39,553.44	(1,713.01)	1,642.76	
01‐Jul‐19			0.10	39,553.44	0.10	(0.10)	
02‐Jul‐19		(0.10)		39,553.54	(0.10)	0.10	
11‐Jul‐19			79.03	39,553.54	81.49	(78.26)	
11‐Jul‐19		(79.03)		39,632.57	(81.49)	78.26	
16‐Jul‐19		(1,575.61)		41,208.18	(1,623.41)	1,559.73	
01‐Aug‐19			0.09	41,208.18	0.09	(0.09)	
02‐Aug‐19		(0.09)		41,208.27	(0.09)	0.09	
07‐Aug‐19	420.15			40,788.12	431.50	(415.38)	
07‐Aug‐19		(420.15)		41,208.27	(431.50)	415.38	
15‐Aug‐19			85.56	41,208.27	87.76	(84.55)	
15‐Aug‐19		(85.56)		41,293.83	(87.76)	84.55	
21‐Aug‐19		(1,607.00)		42,900.83	(1,646.85)	1,587.41	
03‐Sep‐19			0.01	42,900.83	0.01	(0.01)	
04‐Sep‐19		(0.01)		42,900.84	(0.01)	0.01	
11‐Sep‐19			83.34	42,900.84	85.14	(82.22)	
11‐Sep‐19		(83.34)		42,984.18	(85.14)	82.22	
12‐Sep‐19		(1,499.97)		44,484.15	(1,532.20)	1,479.79	
10‐Oct‐19			83.34	44,484.15	84.76	(82.08)	

Date	

Receipts	

Payments	

Earnings	

Balance	Future	Present
Value at		Value at Arbitrage Yield	Investment Yield	
10‐Oct‐19		(83.34)		44,567.49	(84.76)	82.08	
11‐Oct‐19		(1,423.86)		45,991.35	(1,447.97)	1,402.22	
13‐Nov‐19			79.04	45,991.35	79.98	(77.69)	
13‐Nov‐19		(79.04)		46,070.39	(79.98)	77.69	
14‐Nov‐19		(1,303.19)		47,373.58	(1,318.54)	1,280.80	
12‐Dec‐19			72.29	47,373.58	72.83	(70.93)	
12‐Dec‐19		(72.29)		47,445.87	(72.83)	70.93	
16‐Dec‐19		(1,159.31)		48,605.18	(1,167.19)	1,137.17	
13‐Jan‐20			74.54	48,605.18	74.74	(73.00)	
13‐Jan‐20		(74.54)		48,679.72	(74.74)	73.00	
16‐Jan‐20		(1,165.89)		49,845.61	(1,168.41)	1,141.53	
31‐Jan‐20	49,845.61		72.06	0.00	49,917.67	(48,832.98)	

Totals					
$	(1,378.11) $	
0.00	

Schedule B
Rebatable Arbitrage Liability Computation Debt Service Reserve Fund

Villages of Westport Community Development District
$24,345,000 Capital Improvement Revenue Bonds, Series 2005A

Issue Date	14‐Feb‐05	Combined Treasury Yield	2.320437%	
Beginning Date	31‐Jan‐19	Arbitrage Yield	5.623551%	
Computation Date	31‐Jan‐20	Total Earnings	$	17,549.94	

Date	

Receipts	

Payments	

Earnings	

Balance	Future	Present
Value at		Value at Arbitrage Yield	Investment Yield	

31‐Jan‐19	
$	‐	
$	(778,096.65)	
$	(1,767.20)	
$	778,096.65	
$	(824,336.46)	
$	779,863.85	
20‐Feb‐19			1,767.20	778,096.65	1,862.23	(1,764.93)	
20‐Feb‐19		(1,767.20)		779,863.85	(1,862.23)	1,764.93	
11‐Mar‐19	6,569.39			773,294.46	6,900.30	(6,552.09)	
15‐Mar‐19			1,592.24	773,294.46	1,671.41	(1,587.64)	
15‐Mar‐19		(1,592.24)		774,886.70	(1,671.41)	1,587.64	
10‐Apr‐19	1,592.24			773,294.46	1,664.99	(1,585.09)	
16‐Apr‐19			1,761.73	773,294.46	1,840.52	(1,753.14)	
16‐Apr‐19		(1,761.73)		775,056.19	(1,840.52)	1,753.14	
22‐Apr‐19	1,761.73			773,294.46	1,838.82	(1,752.46)	
07‐May‐19	23,157.21			750,137.25	24,114.72	(23,013.22)	
10‐May‐19			1,676.65	750,137.25	1,745.17	(1,665.90)	
10‐May‐19		(1,676.65)		751,813.90	(1,745.17)	1,665.90	
13‐May‐19	1,676.65			750,137.25	1,744.36	(1,665.58)	
12‐Jun‐19			1,657.46	750,137.25	1,716.71	(1,643.45)	
12‐Jun‐19		(1,657.46)		751,794.71	(1,716.71)	1,643.45	
26‐Jun‐19	1,657.46			750,137.25	1,713.01	(1,641.97)	
11‐Jul‐19			1,575.61	750,137.25	1,624.66	(1,559.38)	
11‐Jul‐19		(1,575.61)		751,712.86	(1,624.66)	1,559.38	
16‐Jul‐19	1,575.61			750,137.25	1,623.41	(1,558.88)	
15‐Aug‐19			1,607.00	750,137.25	1,648.37	(1,586.98)	
15‐Aug‐19		(1,607.00)		751,744.25	(1,648.37)	1,586.98	
21‐Aug‐19	1,607.00			750,137.25	1,646.85	(1,586.36)	
11‐Sep‐19			1,499.97	750,137.25	1,532.44	(1,478.80)	
11‐Sep‐19		(1,499.97)		751,637.22	(1,532.44)	1,478.80	
12‐Sep‐19	1,499.97			750,137.25	1,532.20	(1,478.71)	
10‐Oct‐19			1,423.86	750,137.25	1,448.19	(1,401.15)	
10‐Oct‐19		(1,423.86)		751,561.11	(1,448.19)	1,401.15	
11‐Oct‐19	1,423.86			750,137.25	1,447.97	(1,401.06)	
13‐Nov‐19			1,303.19	750,137.25	1,318.74	(1,279.69)	
13‐Nov‐19		(1,303.19)		751,440.44	(1,318.74)	1,279.69	
14‐Nov‐19	1,303.19			750,137.25	1,318.54	(1,279.61)	
12‐Dec‐19			1,159.31	750,137.25	1,167.91	(1,136.28)	
12‐Dec‐19		(1,159.31)		751,296.56	(1,167.91)	1,136.28	
16‐Dec‐19	1,159.31			750,137.25	1,167.19	(1,135.99)	
13‐Jan‐20			1,165.89	750,137.25	1,168.95	(1,140.46)	
13‐Jan‐20		(1,165.89)		751,303.14	(1,168.95)	1,140.46	
16‐Jan‐20	1,165.89			750,137.25	1,168.41	(1,140.24)	
31‐Jan‐20	750,137.25		1,127.03	0.00	751,264.28	(734,072.59)	

Totals					
$	(25,191.42) $	
0.00	

Schedule B ‐ Page 1	5.1604 DataWestport05A 1‐31‐20

Schedule C
Rebatable Arbitrage Liability Computation Deferred Cost Fund

Villages of Westport Community Development District
$24,345,000 Capital Improvement Revenue Bonds, Series 2005A

Issue Date	14‐Feb‐05	Combined Treasury Yield	2.320437%	
Beginning Date	31‐Jan‐19	Arbitrage Yield	5.623551%	
Computation Date	31‐Jan‐20	Total Earnings	$	4,598.00	

Date	

Receipts	

Payments	

Earnings	

Balance	Future	Present
Value at		Value at Arbitrage Yield	Investment Yield	

31‐Jan‐19	
$	‐	
$	(180,409.36)	
$	(409.73)	
$	180,409.36	
$	(191,130.50)	
$	180,819.09	
20‐Feb‐19			409.73	180,409.36	431.76	(409.21)	
20‐Feb‐19		(409.73)		180,819.09	(431.76)	409.21	
15‐Mar‐19			369.18	180,819.09	387.54	(368.12)	
15‐Mar‐19		(369.18)		181,188.27	(387.54)	368.12	
16‐Apr‐19			408.47	181,188.27	426.74	(406.49)	
16‐Apr‐19		(408.47)		181,596.74	(426.74)	406.49	
07‐May‐19		(23,157.21)		204,753.95	(24,114.72)	23,014.19	
10‐May‐19			390.05	204,753.95	405.99	(387.57)	
10‐May‐19		(390.05)		205,144.00	(405.99)	387.57	
12‐Jun‐19			438.30	205,144.00	453.97	(434.62)	
12‐Jun‐19		(438.30)		205,582.30	(453.97)	434.62	
11‐Jul‐19			430.98	205,582.30	444.40	(426.57)	
11‐Jul‐19		(430.98)		206,013.28	(444.40)	426.57	
15‐Aug‐19			440.85	206,013.28	452.20	(435.39)	
15‐Aug‐19		(440.85)		206,454.13	(452.20)	435.39	
11‐Sep‐19			412.22	206,454.13	421.14	(406.44)	
11‐Sep‐19		(412.22)		206,866.35	(421.14)	406.44	
10‐Oct‐19			392.36	206,866.35	399.07	(386.14)	
10‐Oct‐19		(392.36)		207,258.71	(399.07)	386.14	
14‐Nov‐19			359.86	207,258.71	364.10	(353.39)	
14‐Nov‐19		(359.86)		207,618.57	(364.10)	353.39	
12‐Dec‐19			320.61	207,618.57	322.99	(314.28)	
12‐Dec‐19		(320.61)		207,939.18	(322.99)	314.28	
13‐Jan‐20			322.94	207,939.18	323.79	(315.94)	
13‐Jan‐20		(322.94)		208,262.12	(323.79)	315.94	
31‐Jan‐20	208,262.12		312.18	0.00	208,574.30	(203,833.28)	

Totals					
$	(6,670.92) $	
0.00	

Schedule D
Yield Reduction Payment Computation Acquisition & Construction Fund ‐ Yield Restriction Proof

Villages of Westport Community Development District
$24,345,000 Capital Improvement Revenue Bonds, Series 2005A

Issue Date	14‐Feb‐05	Yield on Restricted Proceeds	0.199715%	
Beginning Date	31‐Jan‐10	Restricted Yield	5.748551%	
Computation Date	31‐Jan‐20	Total Earnings	$	13,609.08	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	

31‐Jan‐10	
$	‐	
$	(4,300,757.73)	
$	(36.54)	
$	4,300,757.73	
$	(7,580,266.28)	
$	4,300,794.27	
01‐Feb‐10			36.54	4,300,757.73	64.39	(36.54)	
02‐Feb‐10		(36.54)		4,300,794.27	(64.38)	36.54	
08‐Feb‐10	2.46			4,300,791.81	4.33	(2.46)	
08‐Feb‐10		(2.46)		4,300,794.27	(4.33)	2.46	
17‐Feb‐10		(4,300,646.66)		8,601,440.93	(7,559,746.77)	4,300,241.29	
17‐Feb‐10	4,300,646.66			4,300,794.27	7,559,746.77	(4,300,241.29)	
22‐Feb‐10	398,702.50			3,902,091.77	700,294.30	(398,653.87)	
01‐Mar‐10			181.58	3,902,091.77	318.48	(181.55)	
01‐Mar‐10			18.85	3,902,091.77	33.06	(18.85)	
02‐Mar‐10		(200.43)		3,902,292.20	(351.49)	200.39	
08‐Mar‐10	1.75			3,902,290.45	3.07	(1.75)	
08‐Mar‐10		(1.75)		3,902,292.20	(3.07)	1.75	
15‐Mar‐10	1,710.75			3,900,581.45	2,993.96	(1,710.32)	
01‐Apr‐10			451.63	3,900,581.45	788.40	(451.48)	
05‐Apr‐10		(451.63)		3,901,033.08	(787.91)	451.47	
08‐Apr‐10		(20.64)		3,901,053.72	(35.99)	20.63	
08‐Apr‐10	1.59			3,901,052.13	2.77	(1.59)	
08‐Apr‐10		(1.59)		3,901,053.72	(2.77)	1.59	
08‐Apr‐10	20.64			3,901,033.08	35.99	(20.63)	
03‐May‐10			471.36	3,901,033.08	818.71	(471.12)	
03‐May‐10	780,899.00			3,120,134.08	1,356,351.19	(780,496.41)	
04‐May‐10		(471.36)		3,120,605.44	(818.58)	471.11	
10‐May‐10	2.05			3,120,603.39	3.56	(2.05)	
10‐May‐10		(2.05)		3,120,605.44	(3.56)	2.05	
01‐Jun‐10			457.85	3,120,605.44	791.75	(457.54)	
01‐Jun‐10	764,689.29			2,355,916.15	1,322,354.52	(764,176.41)	
02‐Jun‐10		(457.85)		2,356,374.00	(791.62)	457.54	
07‐Jun‐10	3.93			2,356,370.07	6.79	(3.93)	
07‐Jun‐10		(3.93)		2,356,374.00	(6.79)	3.93	
01‐Jul‐10			404.55	2,356,374.00	696.28	(404.21)	
02‐Jul‐10		(404.55)		2,356,778.55	(696.17)	404.21	
09‐Jul‐10	2.41			2,356,776.14	4.14	(2.41)	
09‐Jul‐10		(2.41)		2,356,778.55	(4.14)	2.41	
02‐Aug‐10			496.52	2,356,778.55	850.41	(496.02)	
03‐Aug‐10		(496.52)		2,357,275.07	(850.28)	496.02	
06‐Aug‐10	1.90			2,357,273.17	3.25	(1.90)	
06‐Aug‐10		(1.90)		2,357,275.07	(3.25)	1.90	
24‐Aug‐10	2,205.50			2,355,069.57	3,764.39	(2,203.01)	
01‐Sep‐10			501.30	2,355,069.57	854.69	(500.71)	
02‐Sep‐10		(501.30)		2,355,570.87	(854.55)	500.71	
03‐Sep‐10	28,049.50			2,327,521.37	47,807.70	(28,016.39)	
16‐Sep‐10		(11.89)		2,327,533.26	(20.22)	11.88	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
16‐Sep‐10	1.60			2,327,531.66	2.72	(1.60)	
16‐Sep‐10		(1.60)		2,327,533.26	(2.72)	1.60	
16‐Sep‐10	11.89			2,327,521.37	20.22	(11.88)	
01‐Oct‐10			423.23	2,327,521.37	718.18	(422.66)	
04‐Oct‐10		(423.23)		2,327,944.60	(717.84)	422.66	
20‐Oct‐10	1.62			2,327,942.98	2.74	(1.62)	
20‐Oct‐10		(1.62)		2,327,944.60	(2.74)	1.62	
20‐Oct‐10	4,975.83			2,322,968.77	8,418.31	(4,968.66)	
25‐Oct‐10	626.50			2,322,342.27	1,059.10	(625.58)	
01‐Nov‐10			406.90	2,322,342.27	687.22	(406.29)	
02‐Nov‐10		(406.90)		2,322,749.17	(687.11)	406.29	
08‐Nov‐10	6,477.30			2,316,271.87	10,927.55	(6,467.32)	
16‐Nov‐10	620.00			2,315,651.87	1,044.66	(619.02)	
22‐Nov‐10	1.54			2,315,650.33	2.59	(1.54)	
22‐Nov‐10		(1.54)		2,315,651.87	(2.59)	1.54	
01‐Dec‐10			351.28	2,315,651.87	590.49	(350.69)	
02‐Dec‐10		(351.28)		2,316,003.15	(590.39)	350.69	
14‐Dec‐10	197,507.19			2,118,495.96	331,321.94	(197,163.61)	
17‐Dec‐10	1.27			2,118,494.69	2.13	(1.27)	
17‐Dec‐10		(1.27)		2,118,495.96	(2.13)	1.27	
03‐Jan‐11			322.37	2,118,495.96	539.17	(321.78)	
04‐Jan‐11		(322.37)		2,118,818.33	(539.08)	321.77	
05‐Jan‐11	6,598.20			2,112,220.13	11,032.07	(6,585.95)	
13‐Jan‐11	6.59			2,112,213.54	11.00	(6.58)	
13‐Jan‐11	1.32			2,112,212.22	2.20	(1.32)	
13‐Jan‐11		(6.59)		2,112,218.81	(11.00)	6.58	
13‐Jan‐11		(1.32)		2,112,220.13	(2.20)	1.32	
01‐Feb‐11			294.74	2,112,220.13	490.79	(294.15)	
01‐Feb‐11	3,009.50			2,109,210.63	5,011.27	(3,003.48)	
02‐Feb‐11		(294.74)		2,109,505.37	(490.71)	294.15	
07‐Feb‐11	1,198.50			2,108,306.87	1,993.80	(1,196.06)	
17‐Feb‐11	1.62			2,108,305.25	2.69	(1.62)	
17‐Feb‐11		(1.62)		2,108,306.87	(2.69)	1.62	
22‐Feb‐11	4,668.26			2,103,638.61	7,747.71	(4,658.38)	
01‐Mar‐11			249.58	2,103,638.61	413.63	(249.04)	
01‐Mar‐11	118,710.00			1,984,928.61	196,738.80	(118,452.91)	
02‐Mar‐11		(249.58)		1,985,178.19	(413.57)	249.04	
02‐Mar‐11	2,373.00			1,982,805.19	3,932.17	(2,367.85)	
10‐Mar‐11	1.30			1,982,803.89	2.15	(1.30)	
10‐Mar‐11		(1.30)		1,982,805.19	(2.15)	1.30	
01‐Apr‐11			256.71	1,982,805.19	423.44	(256.11)	
04‐Apr‐11		(256.71)		1,983,061.90	(423.24)	256.11	
07‐Apr‐11	660.50			1,982,401.40	1,088.46	(658.94)	
12‐Apr‐11	4,461.60			1,977,939.80	7,346.66	(4,450.93)	
14‐Apr‐11	1.46			1,977,938.34	2.40	(1.46)	
14‐Apr‐11		(1.46)		1,977,939.80	(2.40)	1.46	
29‐Apr‐11	385,000.00			1,592,939.80	632,263.22	(384,042.68)	
02‐May‐11			221.46	1,592,939.80	363.52	(220.91)	
03‐May‐11		(221.46)		1,593,161.26	(363.46)	220.90	
12‐May‐11	1.46			1,593,159.80	2.39	(1.46)	
12‐May‐11		(1.46)		1,593,161.26	(2.39)	1.46	
01‐Jun‐11			141.65	1,593,161.26	231.45	(141.27)	
02‐Jun‐11		(141.65)		1,593,302.91	(231.42)	141.27	
07‐Jun‐11	1,950.00			1,591,352.91	3,183.27	(1,944.74)	
15‐Jun‐11	1.23			1,591,351.68	2.01	(1.23)	
15‐Jun‐11		(1.23)		1,591,352.91	(2.01)	1.23	
29‐Jun‐11	1,591,237.83			115.08	2,588,630.25	(1,586,753.14)	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
30‐Jun‐11		(1,591,237.83)		1,591,352.91	(2,588,222.76)	1,586,744.34	
30‐Jun‐11	2,412.00			1,588,940.91	3,923.23	(2,405.19)	
01‐Jul‐11			107.59	1,588,940.91	174.97	(107.29)	
05‐Jul‐11		(107.59)		1,589,048.50	(174.86)	107.28	
14‐Jul‐11			19.92	1,589,048.50	32.33	(19.86)	
14‐Jul‐11		(19.92)		1,589,068.42	(32.33)	19.86	
15‐Jul‐11	1.32			1,589,067.10	2.14	(1.32)	
15‐Jul‐11		(1.32)		1,589,068.42	(2.14)	1.32	
03‐Aug‐11			282.11	1,589,068.42	456.49	(281.26)	
03‐Aug‐11		(282.11)		1,589,350.53	(456.49)	281.26	
17‐Aug‐11	1.67			1,589,348.86	2.70	(1.66)	
17‐Aug‐11		(1.67)		1,589,350.53	(2.70)	1.66	
19‐Aug‐11	392.41			1,588,958.12	633.37	(391.20)	
19‐Aug‐11	107.59			1,588,850.53	173.66	(107.26)	
01‐Sep‐11	1.28			1,588,849.25	2.06	(1.28)	
08‐Sep‐11			307.42	1,588,849.25	494.71	(306.44)	
08‐Sep‐11		(307.42)		1,589,156.67	(494.71)	306.44	
15‐Sep‐11		(1.28)		1,589,157.95	(2.06)	1.28	
16‐Sep‐11	21,912.09			1,567,245.86	35,217.15	(21,841.01)	
03‐Oct‐11	74,805.95			1,492,439.91	119,906.90	(74,556.25)	
05‐Oct‐11	550.00			1,491,889.91	881.32	(548.16)	
07‐Oct‐11			308.88	1,491,889.91	494.79	(307.84)	
07‐Oct‐11		(308.88)		1,492,198.79	(494.79)	307.84	
17‐Oct‐11	1.37			1,492,197.42	2.19	(1.37)	
17‐Oct‐11		(1.37)		1,492,198.79	(2.19)	1.37	
26‐Oct‐11	4,623.00			1,487,575.79	7,383.45	(4,606.98)	
08‐Nov‐11			328.03	1,487,575.79	522.91	(326.87)	
08‐Nov‐11		(328.03)		1,487,903.82	(522.91)	326.87	
16‐Nov‐11	4,850.00			1,483,053.82	7,721.65	(4,832.66)	
17‐Nov‐11	1.36			1,483,052.46	2.16	(1.36)	
17‐Nov‐11		(1.36)		1,483,053.82	(2.16)	1.36	
21‐Nov‐11	11,869.96			1,471,183.86	18,883.20	(11,827.19)	
06‐Dec‐11			317.92	1,471,183.86	504.57	(316.75)	
06‐Dec‐11		(317.92)		1,471,501.78	(504.57)	316.75	
07‐Dec‐11	2,795.64			1,468,706.14	4,436.22	(2,785.32)	
16‐Dec‐11	1.05			1,468,705.09	1.66	(1.05)	
16‐Dec‐11		(1.05)		1,468,706.14	(1.66)	1.05	
10‐Jan‐12			358.20	1,468,706.14	565.46	(356.81)	
10‐Jan‐12		(358.20)		1,469,064.34	(565.46)	356.81	
10‐Jan‐12	4,550.00			1,464,514.34	7,182.70	(4,532.37)	
19‐Jan‐12	1.24			1,464,513.10	1.95	(1.24)	
19‐Jan‐12		(1.24)		1,464,514.34	(1.95)	1.24	
09‐Feb‐12	537.50			1,463,976.84	844.64	(535.33)	
10‐Feb‐12			385.08	1,463,976.84	605.03	(383.52)	
10‐Feb‐12		(385.08)		1,464,361.92	(605.03)	383.52	
28‐Feb‐12	747.50			1,463,614.42	1,171.13	(744.41)	
06‐Mar‐12			389.48	1,463,614.42	609.44	(387.85)	
06‐Mar‐12		(389.48)		1,464,003.90	(609.44)	387.85	
14‐Mar‐12	2,365.49			1,461,638.41	3,696.76	(2,355.49)	
05‐Apr‐12	5,342.50			1,456,295.91	8,321.64	(5,319.30)	
09‐Apr‐12			412.79	1,456,295.91	642.57	(410.99)	
09‐Apr‐12		(412.79)		1,456,708.70	(642.57)	410.99	
07‐May‐12			393.44	1,456,708.70	609.75	(391.66)	
07‐May‐12		(393.44)		1,457,102.14	(609.75)	391.66	
01‐Jun‐12	250,000.00			1,207,102.14	385,989.73	(248,836.90)	
01‐Jun‐12		(250,000.00)		1,457,102.14	(385,989.73)	248,836.90	
04‐Jun‐12	185,226.00			1,271,876.14	285,846.30	(184,361.19)	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
06‐Jun‐12			389.42	1,271,876.14	600.78	(387.60)	
06‐Jun‐12		(389.42)		1,272,265.56	(600.78)	387.60	
12‐Jun‐12	500,000.00			772,265.56	770,643.75	(497,643.45)	
12‐Jun‐12		(500,000.00)		1,272,265.56	(770,643.75)	497,643.45	
19‐Jun‐12	295,345.00			976,920.56	454,710.18	(293,941.60)	
29‐Jun‐12	5,000.00			971,920.56	7,685.84	(4,975.97)	
02‐Jul‐12			25.80	971,920.56	39.64	(25.68)	
03‐Jul‐12		(25.80)		971,946.36	(39.63)	25.68	
09‐Jul‐12			226.48	971,946.36	347.59	(225.38)	
09‐Jul‐12		(226.48)		972,172.84	(347.59)	225.38	
27‐Jul‐12	179,205.17			792,967.67	274,256.86	(178,316.06)	
01‐Aug‐12			23.09	792,967.67	35.31	(22.97)	
02‐Aug‐12		(23.09)		792,990.76	(35.31)	22.97	
09‐Aug‐12			186.25	792,990.76	284.50	(185.31)	
09‐Aug‐12		(186.25)		793,177.01	(284.50)	185.31	
23‐Aug‐12	100,000.00			693,177.01	152,415.56	(99,489.51)	
23‐Aug‐12		(100,000.00)		793,177.01	(152,415.56)	99,489.51	
24‐Aug‐12	179,981.00			613,196.01	274,275.87	(179,061.23)	
04‐Sep‐12			5.91	613,196.01	8.99	(5.88)	
05‐Sep‐12		(5.91)		613,201.92	(8.99)	5.88	
07‐Sep‐12			171.99	613,201.92	261.56	(171.10)	
07‐Sep‐12		(171.99)		613,373.91	(261.56)	171.10	
01‐Oct‐12			0.46	613,373.91	0.70	(0.46)	
02‐Oct‐12		(0.46)		613,374.37	(0.70)	0.46	
10‐Oct‐12			158.97	613,374.37	240.51	(158.12)	
10‐Oct‐12		(158.97)		613,533.34	(240.51)	158.12	
01‐Nov‐12			0.46	613,533.34	0.69	(0.46)	
02‐Nov‐12		(0.46)		613,533.80	(0.69)	0.46	
08‐Nov‐12	3,813.60			609,720.20	5,744.29	(3,792.55)	
08‐Nov‐12			149.83	609,720.20	225.68	(149.00)	
08‐Nov‐12		(149.83)		609,870.03	(225.68)	149.00	
29‐Nov‐12	500,000.00			109,870.03	750,646.90	(497,182.85)	
29‐Nov‐12		(456,458.00)		566,328.03	(685,277.56)	453,886.18	
03‐Dec‐12			2.27	566,328.03	3.41	(2.26)	
04‐Dec‐12		(2.27)		566,330.30	(3.41)	2.26	
10‐Dec‐12	13,841.25			552,489.05	20,743.83	(13,762.42)	
12‐Dec‐12			130.35	552,489.05	195.29	(129.61)	
12‐Dec‐12		(130.35)		552,619.40	(195.29)	129.61	
02‐Jan‐13			31.60	552,619.40	47.20	(31.42)	
03‐Jan‐13		(31.60)		552,651.00	(47.19)	31.42	
09‐Jan‐13			22.78	552,651.00	33.98	(22.65)	
09‐Jan‐13		(22.78)		552,673.78	(33.98)	22.65	
01‐Feb‐13			20.02	552,673.78	29.76	(19.90)	
04‐Feb‐13		(20.02)		552,693.80	(29.75)	19.90	
05‐Feb‐13		(20.45)		552,714.25	(30.38)	20.33	
05‐Feb‐13			20.45	552,714.25	30.38	(20.33)	
14‐Feb‐13	1.22			552,713.03	1.81	(1.21)	
14‐Feb‐13		(1.22)		552,714.25	(1.81)	1.21	
14‐Feb‐13			1.22	552,714.25	1.81	(1.21)	
01‐Mar‐13			16.85	552,714.25	24.93	(16.75)	
04‐Mar‐13		(16.85)		552,731.10	(24.92)	16.75	
07‐Mar‐13		(18.91)		552,750.01	(27.95)	18.79	
07‐Mar‐13			18.91	552,750.01	27.95	(18.79)	
15‐Mar‐13	0.90			552,749.11	1.33	(0.89)	
15‐Mar‐13		(0.90)		552,750.01	(1.33)	0.89	
15‐Mar‐13			0.90	552,750.01	1.33	(0.89)	
01‐Apr‐13			17.44	552,750.01	25.68	(17.33)	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
02‐Apr‐13		(17.44)		552,767.45	(25.68)	17.33	
08‐Apr‐13		(20.76)		552,788.21	(30.54)	20.63	
08‐Apr‐13			20.76	552,788.21	30.54	(20.63)	
16‐Apr‐13	17.60			552,770.61	25.86	(17.49)	
16‐Apr‐13		(17.61)		552,788.22	(25.87)	17.50	
16‐Apr‐13	0.01			552,788.21	0.01	(0.01)	
16‐Apr‐13			17.61	552,788.21	25.87	(17.50)	
01‐May‐13			15.00	552,788.21	21.99	(14.90)	
01‐May‐13	9,362.30			543,425.91	13,723.21	(9,301.71)	
02‐May‐13		(15.00)		543,440.91	(21.98)	14.90	
08‐May‐13		(19.25)		543,460.16	(28.19)	19.12	
08‐May‐13			19.25	543,460.16	28.19	(19.12)	
14‐May‐13	1.95			543,458.21	2.85	(1.94)	
14‐May‐13		(1.95)		543,460.16	(2.85)	1.94	
14‐May‐13			1.95	543,460.16	2.85	(1.94)	
03‐Jun‐13			10.45	543,460.16	15.24	(10.38)	
04‐Jun‐13		(10.45)		543,470.61	(15.24)	10.38	
11‐Jun‐13		(18.09)		543,488.70	(26.35)	17.97	
11‐Jun‐13			18.09	543,488.70	26.35	(17.97)	
18‐Jun‐13		(10.07)		543,498.77	(14.65)	10.00	
18‐Jun‐13			10.07	543,498.77	14.65	(10.00)	
19‐Jun‐13	10.07			543,488.70	14.65	(10.00)	
01‐Jul‐13			7.26	543,488.70	10.54	(7.21)	
02‐Jul‐13		(7.26)		543,495.96	(10.54)	7.21	
05‐Jul‐13		(17.52)		543,513.48	(25.42)	17.40	
05‐Jul‐13			17.52	543,513.48	25.42	(17.40)	
17‐Jul‐13	1.87			543,511.61	2.71	(1.86)	
17‐Jul‐13		(1.87)		543,513.48	(2.71)	1.86	
17‐Jul‐13			1.87	543,513.48	2.71	(1.86)	
01‐Aug‐13			4.24	543,513.48	6.13	(4.21)	
02‐Aug‐13		(4.24)		543,517.72	(6.13)	4.21	
05‐Aug‐13		(16.62)		543,534.34	(24.00)	16.50	
05‐Aug‐13			16.62	543,534.34	24.00	(16.50)	
13‐Aug‐13	51,624.80			491,909.54	74,465.97	(51,261.68)	
19‐Aug‐13	0.75			491,908.79	1.08	(0.74)	
19‐Aug‐13		(0.75)		491,909.54	(1.08)	0.74	
19‐Aug‐13			0.75	491,909.54	1.08	(0.74)	
03‐Sep‐13			3.69	491,909.54	5.31	(3.66)	
04‐Sep‐13		(3.69)		491,913.23	(5.31)	3.66	
06‐Sep‐13		(16.78)		491,930.01	(24.12)	16.66	
06‐Sep‐13			16.78	491,930.01	24.12	(16.66)	
19‐Sep‐13	0.78			491,929.23	1.12	(0.77)	
19‐Sep‐13		(0.78)		491,930.01	(1.12)	0.77	
19‐Sep‐13			0.78	491,930.01	1.12	(0.77)	
26‐Sep‐13	3,074.26			488,855.75	4,404.54	(3,051.91)	
01‐Oct‐13			3.15	488,855.75	4.51	(3.13)	
02‐Oct‐13		(3.15)		488,858.90	(4.51)	3.13	
04‐Oct‐13		(15.94)		488,874.84	(22.81)	15.82	
04‐Oct‐13			15.94	488,874.84	22.81	(15.82)	
16‐Oct‐13	0.66			488,874.18	0.94	(0.66)	
16‐Oct‐13		(0.66)		488,874.84	(0.94)	0.66	
16‐Oct‐13			0.66	488,874.84	0.94	(0.66)	
01‐Nov‐13			3.23	488,874.84	4.60	(3.21)	
04‐Nov‐13		(3.23)		488,878.07	(4.60)	3.21	
15‐Nov‐13		(16.66)		488,894.73	(23.69)	16.53	
15‐Nov‐13			16.66	488,894.73	23.69	(16.53)	
20‐Nov‐13	4.97			488,889.76	7.06	(4.93)	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
20‐Nov‐13		(4.97)		488,894.73	(7.06)	4.93	
20‐Nov‐13			4.97	488,894.73	7.06	(4.93)	
02‐Dec‐13			3.13	488,894.73	4.44	(3.11)	
03‐Dec‐13		(3.13)		488,897.86	(4.44)	3.11	
05‐Dec‐13	10,201.47			478,696.39	14,457.88	(10,123.43)	
05‐Dec‐13		(15.09)		478,711.48	(21.39)	14.97	
05‐Dec‐13			15.09	478,711.48	21.39	(14.97)	
20‐Dec‐13	1.68			478,709.80	2.38	(1.67)	
20‐Dec‐13		(1.68)		478,711.48	(2.38)	1.67	
20‐Dec‐13			1.68	478,711.48	2.38	(1.67)	
02‐Jan‐14			3.15	478,711.48	4.45	(3.13)	
03‐Jan‐14		(3.15)		478,714.63	(4.44)	3.13	
13‐Jan‐14		(14.41)		478,729.04	(20.30)	14.30	
13‐Jan‐14			14.41	478,729.04	20.30	(14.30)	
22‐Jan‐14	1.12			478,727.92	1.58	(1.11)	
22‐Jan‐14		(1.12)		478,729.04	(1.58)	1.11	
22‐Jan‐14			1.12	478,729.04	1.58	(1.11)	
03‐Feb‐14			3.14	478,729.04	4.41	(3.11)	
04‐Feb‐14		(3.14)		478,732.18	(4.41)	3.11	
12‐Feb‐14		(14.30)		478,746.48	(20.05)	14.19	
12‐Feb‐14			14.30	478,746.48	20.05	(14.19)	
20‐Feb‐14		(0.85)		478,747.33	(1.19)	0.84	
21‐Feb‐14	0.85			478,746.48	1.19	(0.84)	
03‐Mar‐14			2.84	478,746.48	3.97	(2.82)	
04‐Mar‐14		(2.84)		478,749.32	(3.97)	2.82	
12‐Mar‐14	1,448.50			477,300.82	2,021.75	(1,436.65)	
14‐Mar‐14		(13.29)		477,314.11	(18.54)	13.18	
14‐Mar‐14			13.29	477,314.11	18.54	(13.18)	
20‐Mar‐14	0.78			477,313.33	1.09	(0.77)	
20‐Mar‐14		(0.78)		477,314.11	(1.09)	0.77	
01‐Apr‐14			3.13	477,314.11	4.36	(3.10)	
02‐Apr‐14		(3.13)		477,317.24	(4.35)	3.10	
09‐Apr‐14		(14.31)		477,331.55	(19.89)	14.19	
09‐Apr‐14			14.31	477,331.55	19.89	(14.19)	
01‐May‐14			3.03	477,331.55	4.20	(3.00)	
02‐May‐14		(3.03)		477,334.58	(4.20)	3.00	
05‐May‐14		(0.78)		477,335.36	(1.08)	0.77	
05‐May‐14	0.63			477,334.73	0.87	(0.62)	
13‐May‐14		(14.04)		477,348.77	(19.41)	13.92	
13‐May‐14			14.04	477,348.77	19.41	(13.92)	
19‐May‐14	0.15			477,348.62	0.21	(0.15)	
19‐May‐14		(7.57)		477,356.19	(10.46)	7.51	
19‐May‐14	7.57			477,348.62	10.46	(7.51)	
02‐Jun‐14			3.13	477,348.62	4.31	(3.10)	
03‐Jun‐14		(3.13)		477,351.75	(4.31)	3.10	
06‐Jun‐14	1,272.71			476,079.04	1,753.06	(1,261.71)	
09‐Jun‐14		(14.36)		476,093.40	(19.77)	14.24	
09‐Jun‐14			14.36	476,093.40	19.77	(14.24)	
18‐Jun‐14		(7.36)		476,100.76	(10.12)	7.30	
18‐Jun‐14	7.36			476,093.40	10.12	(7.30)	
01‐Jul‐14			3.02	476,093.40	4.14	(2.99)	
02‐Jul‐14		(3.02)		476,096.42	(4.14)	2.99	
03‐Jul‐14		(14.51)		476,110.93	(19.90)	14.38	
03‐Jul‐14			14.51	476,110.93	19.90	(14.38)	
15‐Jul‐14	6,985.46			469,125.47	9,563.02	(6,923.57)	
16‐Jul‐14		(1.62)		469,127.09	(2.22)	1.61	
16‐Jul‐14	1.62			469,125.47	2.22	(1.61)	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
24‐Jul‐14	600.00			468,525.47	820.23	(594.65)	
01‐Aug‐14			3.09	468,525.47	4.22	(3.06)	
04‐Aug‐14		(3.09)		468,528.56	(4.22)	3.06	
11‐Aug‐14		(1,352.00)		469,880.56	(1,843.31)	1,339.83	
12‐Aug‐14		(14.78)		469,895.34	(20.15)	14.65	
12‐Aug‐14			14.78	469,895.34	20.15	(14.65)	
15‐Aug‐14	5.38			469,889.96	7.33	(5.33)	
15‐Aug‐14		(5.38)		469,895.34	(7.33)	5.33	
18‐Aug‐14	7,789.29			462,106.05	10,608.20	(7,718.86)	
26‐Aug‐14	1,352.00			460,754.05	1,838.97	(1,339.72)	
02‐Sep‐14			3.03	460,754.05	4.12	(3.00)	
03‐Sep‐14		(3.03)		460,757.08	(4.12)	3.00	
05‐Sep‐14		(14.81)		460,771.89	(20.12)	14.67	
05‐Sep‐14			14.81	460,771.89	20.12	(14.67)	
08‐Sep‐14	1,054.50			459,717.39	1,431.60	(1,044.85)	
12‐Sep‐14	8,930.00			450,787.39	12,115.87	(8,848.08)	
22‐Sep‐14	1.84			450,785.55	2.49	(1.82)	
22‐Sep‐14		(1.84)		450,787.39	(2.49)	1.82	
01‐Oct‐14			2.84	450,787.39	3.84	(2.81)	
02‐Oct‐14		(2.84)		450,790.23	(3.84)	2.81	
09‐Oct‐14		(14.73)		450,804.96	(19.90)	14.59	
09‐Oct‐14			14.73	450,804.96	19.90	(14.59)	
17‐Oct‐14	905.50			449,899.46	1,221.80	(897.02)	
21‐Oct‐14	17,853.42			432,046.04	24,074.54	(17,685.82)	
03‐Nov‐14			2.85	432,046.04	3.84	(2.82)	
04‐Nov‐14		(2.85)		432,048.89	(3.84)	2.82	
04‐Nov‐14	1,165.00			430,883.89	1,567.74	(1,153.98)	
06‐Nov‐14		(14.75)		430,898.64	(19.84)	14.61	
06‐Nov‐14			14.75	430,898.64	19.84	(14.61)	
02‐Dec‐14		(2.65)		430,901.29	(3.55)	2.62	
02‐Dec‐14			2.65	430,901.29	3.55	(2.62)	
08‐Dec‐14		(14.18)		430,915.47	(18.98)	14.04	
08‐Dec‐14	24,193.80			406,721.67	32,383.76	(23,960.44)	
08‐Dec‐14			14.18	406,721.67	18.98	(14.04)	
11‐Dec‐14	4,912.60			401,809.07	6,572.48	(4,865.13)	
02‐Jan‐15			2.55	401,809.07	3.40	(2.53)	
05‐Jan‐15		(2.55)		401,811.62	(3.40)	2.53	
06‐Jan‐15		(15.23)		401,826.85	(20.30)	15.08	
06‐Jan‐15			15.23	401,826.85	20.30	(15.08)	
27‐Jan‐15	57,453.66			344,373.19	76,311.63	(56,884.03)	
02‐Feb‐15			2.41	344,373.19	3.20	(2.39)	
03‐Feb‐15		(2.41)		344,375.60	(3.20)	2.39	
20‐Feb‐15	395.00			343,980.60	522.75	(391.03)	
02‐Mar‐15			4.78	343,980.60	6.31	(4.73)	
02‐Mar‐15			16.15	343,980.60	21.33	(15.99)	
02‐Mar‐15		(16.15)		343,996.75	(21.33)	15.99	
03‐Mar‐15		(4.78)		344,001.53	(6.31)	4.73	
03‐Mar‐15			15.82	344,001.53	20.89	(15.66)	
03‐Mar‐15		(15.82)		344,017.35	(20.89)	15.66	
10‐Mar‐15	5,720.40			338,296.95	7,546.74	(5,662.33)	
01‐Apr‐15			5.17	338,296.95	6.80	(5.12)	
01‐Apr‐15			17.03	338,296.95	22.39	(16.86)	
01‐Apr‐15		(17.03)		338,313.98	(22.39)	16.86	
02‐Apr‐15		(5.17)		338,319.15	(6.80)	5.12	
17‐Apr‐15	25,119.00			313,200.15	32,946.23	(24,858.92)	
29‐Apr‐15	62,401.76			250,798.39	81,692.03	(61,751.56)	
01‐May‐15			11.11	250,798.39	14.54	(10.99)	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
04‐May‐15		(11.11)		250,809.50	(14.53)	10.99	
11‐May‐15	1,856.00			248,953.50	2,425.16	(1,836.54)	
12‐May‐15			17.17	248,953.50	22.43	(16.99)	
12‐May‐15		(17.17)		248,970.67	(22.43)	16.99	
01‐Jun‐15			7.79	248,970.67	10.15	(7.71)	
02‐Jun‐15		(7.79)		248,978.46	(10.15)	7.71	
02‐Jun‐15			18.70	248,978.46	24.35	(18.50)	
02‐Jun‐15		(18.70)		248,997.16	(24.35)	18.50	
25‐Jun‐15		(770.00)		249,767.16	(999.18)	761.74	
29‐Jun‐15		(94.00)		249,861.16	(121.90)	92.99	
01‐Jul‐15			8.08	249,861.16	10.48	(7.99)	
02‐Jul‐15		(8.08)		249,869.24	(10.47)	7.99	
06‐Jul‐15			19.78	249,869.24	25.62	(19.57)	
06‐Jul‐15		(19.78)		249,889.02	(25.62)	19.57	
07‐Jul‐15	22,078.24			227,810.78	28,595.53	(21,839.96)	
03‐Aug‐15			8.13	227,810.78	10.49	(8.04)	
04‐Aug‐15		(8.13)		227,818.91	(10.49)	8.04	
04‐Aug‐15		(22,318.54)		250,137.45	(28,784.15)	22,074.36	
05‐Aug‐15			23.63	250,137.45	30.47	(23.37)	
05‐Aug‐15		(23.63)		250,161.08	(30.47)	23.37	
05‐Aug‐15	131,368.80			118,792.28	169,399.25	(129,930.81)	
05‐Aug‐15	9,709.81			109,082.47	12,520.74	(9,603.52)	
17‐Aug‐15	6,590.00			102,492.47	8,481.73	(6,517.43)	
01‐Sep‐15			8.31	102,492.47	10.67	(8.22)	
02‐Sep‐15		(8.31)		102,500.78	(10.67)	8.22	
02‐Sep‐15			3.61	102,500.78	4.64	(3.57)	
02‐Sep‐15		(3.61)		102,504.39	(4.64)	3.57	
09‐Sep‐15		(3,734.00)		106,238.39	(4,789.27)	3,692.43	
10‐Sep‐15	1,188.00			105,050.39	1,523.50	(1,174.77)	
01‐Oct‐15			8.99	105,050.39	11.49	(8.89)	
02‐Oct‐15		(8.99)		105,059.38	(11.49)	8.89	
05‐Oct‐15			3.61	105,059.38	4.61	(3.57)	
05‐Oct‐15		(3.61)		105,062.99	(4.61)	3.57	
02‐Nov‐15			9.32	105,062.99	11.85	(9.21)	
03‐Nov‐15		(9.32)		105,072.31	(11.85)	9.21	
03‐Nov‐15	3.61			105,068.70	4.59	(3.57)	
01‐Dec‐15			10.23	105,068.70	12.95	(10.11)	
02‐Dec‐15		(10.23)		105,078.93	(12.95)	10.11	
04‐Dec‐15	5,180.00			99,898.93	6,555.61	(5,119.92)	
04‐Jan‐16			18.25	99,898.93	22.99	(18.04)	
05‐Jan‐16		(18.25)		99,917.18	(22.98)	18.04	
08‐Jan‐16		(2,856.00)		102,773.18	(3,595.15)	2,822.34	
01‐Feb‐16			28.08	102,773.18	35.22	(27.75)	
02‐Feb‐16		(28.08)		102,801.26	(35.21)	27.75	
01‐Mar‐16			29.67	102,801.26	37.04	(29.31)	
02‐Mar‐16		(29.67)		102,830.93	(37.03)	29.31	
15‐Mar‐16	20,000.00			82,830.93	24,911.94	(19,756.96)	
01‐Apr‐16			30.04	82,830.93	37.32	(29.67)	
04‐Apr‐16		(30.04)		82,860.97	(37.31)	29.67	
12‐Apr‐16	367.50			82,493.47	455.82	(362.98)	
02‐May‐16			27.28	82,493.47	33.73	(26.94)	
03‐May‐16		(27.28)		82,520.75	(33.72)	26.94	
06‐May‐16	2,856.00			79,664.75	3,528.98	(2,820.50)	
01‐Jun‐16			27.12	79,664.75	33.38	(26.78)	
02‐Jun‐16		(27.12)		79,691.87	(33.37)	26.78	
30‐Jun‐16	658.00			79,033.87	806.17	(649.63)	
01‐Jul‐16			27.45	79,033.87	33.63	(27.10)	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
05‐Jul‐16		(27.45)		79,061.32	(33.60)	27.10	
25‐Jul‐16	79,057.71			3.61	96,479.18	(78,040.72)	
25‐Jul‐16		(79,057.71)		79,061.32	(96,479.18)	78,040.72	
27‐Jul‐16	344.00			78,717.32	419.67	(339.57)	
01‐Aug‐16			25.79	78,717.32	31.44	(25.46)	
02‐Aug‐16		(25.79)		78,743.11	(31.44)	25.46	
01‐Sep‐16			17.18	78,743.11	20.85	(16.96)	
02‐Sep‐16		(17.18)		78,760.29	(20.84)	16.96	
08‐Sep‐16	1,393.00			77,367.29	1,688.50	(1,374.75)	
29‐Sep‐16	688.00			76,679.29	831.19	(678.91)	
03‐Oct‐16			17.15	76,679.29	20.71	(16.92)	
04‐Oct‐16		(17.15)		76,696.44	(20.70)	16.92	
01‐Nov‐16			17.37	76,696.44	20.88	(17.14)	
02‐Nov‐16		(17.37)		76,713.81	(20.88)	17.14	
01‐Dec‐16			17.36	76,713.81	20.77	(17.12)	
02‐Dec‐16		(17.36)		76,731.17	(20.77)	17.12	
03‐Jan‐17			22.05	76,731.17	26.25	(21.75)	
04‐Jan‐17		(22.05)		76,753.22	(26.24)	21.75	
20‐Jan‐17	13,652.00			63,101.22	16,207.68	(13,463.31)	
01‐Feb‐17			25.56	63,101.22	30.29	(25.21)	
02‐Feb‐17		(25.56)		63,126.78	(30.29)	25.21	
01‐Mar‐17			21.60	63,126.78	25.48	(21.30)	
02‐Mar‐17		(21.60)		63,148.38	(25.47)	21.30	
03‐Apr‐17			27.07	63,148.38	31.77	(26.69)	
04‐Apr‐17		(27.07)		63,175.45	(31.77)	26.68	
01‐May‐17			30.93	63,175.45	36.14	(30.49)	
02‐May‐17		(30.93)		63,206.38	(36.14)	30.49	
01‐Jun‐17			33.77	63,206.38	39.27	(33.28)	
02‐Jun‐17		(33.77)		63,240.15	(39.27)	33.28	
13‐Jun‐17	1,436.00			61,804.15	1,666.87	(1,415.03)	
27‐Jun‐17	10,880.00			50,924.15	12,601.41	(10,720.29)	
03‐Jul‐17			36.99	50,924.15	42.80	(36.45)	
05‐Jul‐17		(36.99)		50,961.14	(42.79)	36.45	
01‐Aug‐17			36.81	50,961.14	42.41	(36.26)	
02‐Aug‐17		(36.81)		50,997.95	(42.40)	36.26	
22‐Aug‐17		(605.00)		51,602.95	(694.68)	595.94	
29‐Aug‐17		(1.00)		51,603.95	(1.15)	0.98	
31‐Aug‐17	51,599.34			4.61	59,173.46	(50,824.14)	
31‐Aug‐17		(51,599.34)		51,603.95	(59,173.46)	50,824.14	
01‐Sep‐17			37.11	51,603.95	42.55	(36.55)	
01‐Sep‐17			0.28	51,603.95	0.32	(0.28)	
05‐Sep‐17		(37.11)		51,641.06	(42.52)	36.55	
05‐Sep‐17		(5.03)		51,646.09	(5.76)	4.95	
20‐Sep‐17	14,416.00			37,230.09	16,480.11	(14,197.85)	
27‐Sep‐17		(3.82)		37,233.91	(4.36)	3.76	
02‐Oct‐17			0.02	37,233.91	0.02	(0.02)	
02‐Oct‐17			7.61	37,233.91	8.68	(7.49)	
03‐Oct‐17		(0.04)		37,233.95	(0.05)	0.04	
03‐Oct‐17		(150.20)		37,384.15	(171.35)	147.92	
12‐Oct‐17	0.02			37,384.13	0.02	(0.02)	
19‐Oct‐17		(3.81)		37,387.94	(4.34)	3.75	
25‐Oct‐17		(2.61)		37,390.55	(2.97)	2.57	
26‐Oct‐17	3.61			37,386.94	4.10	(3.55)	
01‐Nov‐17			0.03	37,386.94	0.03	(0.03)	
01‐Nov‐17			6.34	37,386.94	7.20	(6.24)	
02‐Nov‐17		(0.03)		37,386.97	(0.03)	0.03	
02‐Nov‐17		(153.69)		37,540.66	(174.54)	151.33	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
09‐Nov‐17		(3.94)		37,544.60	(4.47)	3.88	
15‐Nov‐17	37.16			37,507.44	42.11	(36.59)	
29‐Nov‐17	1,149.53			36,357.91	1,299.92	(1,131.70)	
01‐Dec‐17			0.01	36,357.91	0.01	(0.01)	
01‐Dec‐17			6.15	36,357.91	6.95	(6.05)	
04‐Dec‐17		(0.01)		36,357.92	(0.01)	0.01	
04‐Dec‐17		(148.75)		36,506.67	(168.08)	146.44	
14‐Dec‐17		(3.83)		36,510.50	(4.32)	3.77	
02‐Jan‐18			6.20	36,510.50	6.97	(6.10)	
03‐Jan‐18		(153.65)		36,664.15	(172.82)	151.24	
09‐Jan‐18		(4.19)		36,668.34	(4.71)	4.12	
31‐Jan‐18	0.01			36,668.33	0.01	(0.01)	
01‐Feb‐18			6.23	36,668.33	6.98	(6.13)	
02‐Feb‐18		(153.68)		36,822.01	(172.07)	151.24	
16‐Feb‐18		(4.65)		36,826.66	(5.20)	4.58	
01‐Mar‐18			5.65	36,826.66	6.30	(5.56)	
02‐Mar‐18		(138.83)		36,965.49	(154.71)	136.61	
14‐Mar‐18		(4.69)		36,970.18	(5.22)	4.61	
02‐Apr‐18			6.28	36,970.18	6.97	(6.18)	
03‐Apr‐18		(153.73)		37,123.91	(170.48)	151.24	
12‐Apr‐18		(5.23)		37,129.14	(5.79)	5.15	
01‐May‐18			7.58	37,129.14	8.37	(7.46)	
02‐May‐18		(184.24)		37,313.38	(203.39)	181.23	
02‐May‐18	37,309.77			3.61	41,186.95	(36,699.97)	
02‐May‐18		(37,309.77)		37,313.38	(41,186.95)	36,699.97	
10‐May‐18		(5.57)		37,318.95	(6.14)	5.48	
01‐Jun‐18			0.26	37,318.95	0.29	(0.26)	
04‐Jun‐18		(5.69)		37,324.64	(6.25)	5.60	
06‐Jun‐18			62.27	37,324.64	68.37	(61.24)	
06‐Jun‐18		(62.27)		37,386.91	(68.37)	61.24	
07‐Jun‐18		(1,290.82)		38,677.73	(1,417.13)	1,269.48	
02‐Jul‐18			0.21	38,677.73	0.23	(0.21)	
03‐Jul‐18		(0.82)		38,678.55	(0.90)	0.81	
13‐Jul‐18			64.90	38,678.55	70.85	(63.81)	
13‐Jul‐18		(64.90)		38,743.45	(70.85)	63.81	
16‐Jul‐18		(1,338.08)		40,081.53	(1,460.02)	1,315.67	
01‐Aug‐18			0.51	40,081.53	0.56	(0.50)	
02‐Aug‐18		(1.28)		40,082.81	(1.39)	1.26	
10‐Aug‐18			70.55	40,082.81	76.69	(69.36)	
10‐Aug‐18		(70.55)		40,153.36	(76.69)	69.36	
13‐Aug‐18		(1,452.42)		41,605.78	(1,578.06)	1,427.88	
30‐Aug‐18	4,094.68			37,511.10	4,437.00	(4,025.12)	
30‐Aug‐18	13,141.21			24,369.89	14,239.82	(12,917.97)	
04‐Sep‐18			0.83	24,369.89	0.90	(0.82)	
05‐Sep‐18		(1.21)		24,371.10	(1.31)	1.19	
21‐Sep‐18	525.00			23,846.10	567.01	(516.02)	
24‐Sep‐18			68.28	23,846.10	73.71	(67.11)	
24‐Sep‐18		(68.28)		23,914.38	(73.71)	67.11	
25‐Sep‐18		(1,438.17)		25,352.55	(1,552.28)	1,413.54	
25‐Sep‐18	1,438.17			23,914.38	1,552.28	(1,413.54)	
25‐Sep‐18		(1,438.17)		25,352.55	(1,552.28)	1,413.54	
02‐Oct‐18		(0.23)		25,352.78	(0.25)	0.23	
15‐Oct‐18			59.23	25,352.78	63.73	(58.21)	
15‐Oct‐18		(59.23)		25,412.01	(63.73)	58.21	
16‐Oct‐18		(1,889.38)		27,301.39	(2,032.56)	1,856.81	
01‐Nov‐18			0.25	27,301.39	0.27	(0.25)	
02‐Nov‐18		(0.37)		27,301.76	(0.40)	0.36	

Date	

Receipts	

Payments	

Earnings	

Balance	Future
Value at Arbitrage Yield	Present
Value at Investment Yield	
21‐Nov‐18			49.11	27,301.76	52.54	(48.25)	
21‐Nov‐18		(49.11)		27,350.87	(52.54)	48.25	
23‐Nov‐18	1,559.85			25,791.02	1,668.31	(1,532.65)	
23‐Nov‐18		(1,559.85)		27,350.87	(1,668.31)	1,532.65	
03‐Dec‐18			0.47	27,350.87	0.50	(0.46)	
04‐Dec‐18		(0.47)		27,351.34	(0.50)	0.46	
20‐Dec‐18			50.97	27,351.34	54.28	(50.07)	
20‐Dec‐18		(50.97)		27,402.31	(54.28)	50.07	
21‐Dec‐18	1,551.08			25,851.23	1,651.64	(1,523.79)	
21‐Dec‐18		(1,551.08)		27,402.31	(1,651.64)	1,523.79	
24‐Dec‐18	1,551.08			25,851.23	1,650.86	(1,523.77)	
24‐Dec‐18		(1,551.08)		27,402.31	(1,650.86)	1,523.77	
02‐Jan‐19			0.48	27,402.31	0.51	(0.47)	
03‐Jan‐19		(0.48)		27,402.79	(0.51)	0.47	
15‐Jan‐19			55.56	27,402.79	58.94	(54.58)	
15‐Jan‐19		(55.56)		27,458.35	(58.94)	54.58	
16‐Jan‐19	1,691.26			25,767.09	1,793.83	(1,661.28)	
16‐Jan‐19		(1,691.26)		27,458.35	(1,793.83)	1,661.28	
23‐Jan‐19	1,390.51			26,067.84	1,473.22	(1,365.80)	
01‐Feb‐19			0.38	26,067.84	0.40	(0.37)	
04‐Feb‐19		(0.38)		26,068.22	(0.40)	0.37	
20‐Feb‐19			58.07	26,068.22	61.26	(57.03)	
20‐Feb‐19		(58.07)		26,126.29	(61.26)	57.03	
01‐Mar‐19			0.12	26,126.29	0.13	(0.12)	
04‐Mar‐19		(0.12)		26,126.41	(0.13)	0.12	
11‐Mar‐19		(6,569.39)		32,695.80	(6,907.73)	6,450.96	
15‐Mar‐19			52.32	32,695.80	54.98	(51.38)	
15‐Mar‐19		(52.32)		32,748.12	(54.98)	51.38	
27‐Mar‐19	82.50			32,665.62	86.53	(81.01)	
01‐Apr‐19			0.12	32,665.62	0.13	(0.12)	
02‐Apr‐19		(0.12)		32,665.74	(0.13)	0.12	
10‐Apr‐19		(1,592.24)		34,257.98	(1,666.62)	1,563.28	
16‐Apr‐19			57.88	34,257.98	60.53	(56.83)	
16‐Apr‐19		(57.88)		34,315.86	(60.53)	56.83	
22‐Apr‐19		(1,761.73)		36,077.59	(1,840.55)	1,729.58	
01‐May‐19			0.10	36,077.59	0.10	(0.10)	
02‐May‐19		(0.10)		36,077.69	(0.10)	0.10	
10‐May‐19			60.97	36,077.69	63.52	(59.85)	
10‐May‐19		(60.97)		36,138.66	(63.52)	59.85	
13‐May‐19		(1,676.65)		37,815.31	(1,745.88)	1,645.86	
03‐Jun‐19			0.11	37,815.31	0.11	(0.11)	
04‐Jun‐19		(0.11)		37,815.42	(0.11)	0.11	
12‐Jun‐19			80.56	37,815.42	83.50	(79.07)	
12‐Jun‐19		(80.56)		37,895.98	(83.50)	79.07	
26‐Jun‐19		(1,657.46)		39,553.44	(1,714.25)	1,626.63	
01‐Jul‐19			0.10	39,553.44	0.10	(0.10)	
02‐Jul‐19		(0.10)		39,553.54	(0.10)	0.10	
11‐Jul‐19			79.03	39,553.54	81.55	(77.55)	
11‐Jul‐19		(79.03)		39,632.57	(81.55)	77.55	
16‐Jul‐19		(1,575.61)		41,208.18	(1,624.47)	1,546.13	
01‐Aug‐19			0.09	41,208.18	0.09	(0.09)	
02‐Aug‐19		(0.09)		41,208.27	(0.09)	0.09	
07‐Aug‐19	420.15			40,788.12	431.75	(412.24)	
07‐Aug‐19		(420.15)		41,208.27	(431.75)	412.24	
15‐Aug‐19			85.56	41,208.27	87.81	(83.95)	
15‐Aug‐19		(85.56)		41,293.83	(87.81)	83.95	
21‐Aug‐19		(1,607.00)		42,900.83	(1,647.73)	1,576.63	

Date	

Receipts	

Payments	

Earnings	

Balance	Future	Present
Value at		Value at Arbitrage Yield	Investment Yield	
03‐Sep‐19			0.01	42,900.83	0.01	(0.01)	
04‐Sep‐19		(0.01)		42,900.84	(0.01)	0.01	
11‐Sep‐19			83.34	42,900.84	85.18	(81.76)	
11‐Sep‐19		(83.34)		42,984.18	(85.18)	81.76	
12‐Sep‐19		(1,499.97)		44,484.15	(1,532.91)	1,471.45	
10‐Oct‐19			83.34	44,484.15	84.80	(81.74)	
10‐Oct‐19		(83.34)		44,567.49	(84.80)	81.74	
11‐Oct‐19		(1,423.86)		45,991.35	(1,448.50)	1,396.56	
13‐Nov‐19			79.04	45,991.35	80.00	(77.51)	
13‐Nov‐19		(79.04)		46,070.39	(80.00)	77.51	
14‐Nov‐19		(1,303.19)		47,373.58	(1,318.88)	1,277.97	
12‐Dec‐19			72.29	47,373.58	72.84	(70.88)	
12‐Dec‐19		(72.29)		47,445.87	(72.84)	70.88	
16‐Dec‐19		(1,159.31)		48,605.18	(1,167.37)	1,136.68	
13‐Jan‐20			74.54	48,605.18	74.74	(73.07)	
13‐Jan‐20		(74.54)		48,679.72	(74.74)	73.07	
16‐Jan‐20		(1,165.89)		49,845.61	(1,168.46)	1,142.94	
31‐Jan‐20	49,845.61		72.06	0.00	49,917.67	(48,931.11)	

Totals					
$	(594,934.81) (1) $	
0.00	

(1) Negative result proves no yield reduction payment is required.

Villages of Westport Community Development District

Ratification of Payment Authorizations 2019-53 & 2019-54

VILLAGES OF WESTPORT CDD

Payment Authorization 2020-53
2/28/2020
FY20
Item	Payee	Invoice#	General
No.	Fund

1	Bel Air Cleaning, Inc.		
Janitorial Feb. 2020	701331	$	625.00	
2	PFM Group Consulting, LLC			
Dissemination Agent Fees Oct-Dec 2019	DA-12-2019-0035		
District Management Fee: Feb. 2020	DM-02-2020-0077	$ 1,250.00	
Website Fee: Feb. 2020	DM-02-2020-0078	$	100.00	
Postage:Jan.2020	OE-EXP-00703	$	10.90	
3	Yellowstone Landscape			
Irrigation Repairs Controller A	JAX89506	$	605.00	
Irrigation Repairs Controller A	JAX89507	$	205.00	
Irrigation Repairs Controller C	JAX89508	$ 1,787.78	
Landscape Maintenance Feb. 2020	JAX90883	$ 3,615.75	

Chairperson

TOTAL	$ 8,199.43

Secretary/Assistant Secretary

BEL AIR CLEANING, INC.
12915 Silver Oak Drive Jacksonville, Fl 32223
Conrad(904) 472-8193

Invoice

Date	Invoice#	
2/5/2020	701331	

ICIHomes
14785 Old Saint Augustine Rd. Suite #3
Jacksonville, Fl 32258

Bill To

P.O. No.

Terms

Project

Quantity

Description
VJLLAGES OF WESTPORT

Janitorial Services-Month ofFebruai·y, 2020

RECEIVED FEB 1 9 2020

Rate

625.00

Amount

625.00

Thank you for your business.

E-mail

Total	$625.00

llnwrence3737@aol.com

pfm
Bill To:

Mllages of Westport COD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817

RE:	District Management Fee: February 2020

Total Amount Due

Date
 	February 14, 2020	 Payment Terms
Upon Receipt

Company Address:
1735 Market Street 43rd Floor
Philadelphia, PA 19103
+1 (215) 567-6100
Federal Tax ID: 81-1642478

Invoice Number DM-02-2020-0077
Due Date February 14, 2020

of

Date	Invoice Number	
February 14, 2020
Payment Terms Upon Receipt	DM-02-2020-0078
Due Date February 14, 2020	

pfm

Company Address:
1735 Market Street 43rd Floor
Philadelphia, PA 19103
+1 (215) 567-6100
Federal Tax ID: 81-1642478

Bill To:

Vill�es of Westport CDD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando. Fl 32817 United Slates of America

Remittance Options:
Via ACH (preferred)·

RE:	Website Fee - February 2020

Total Amount Due

of

pfm

Date
February 20, 2020

Invoice Number
OE-EXP-00703

Payment Terms	Due Date
Upon Receipt	February 20, 2020

Bill To:

Villages of Westport COD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
�rlando, FL 32817 United States of America

Remittance Options:
ViaACH lprefeued)•

RE:	January 2020 Postage - $10.90

Total Amount Due

  Company Address:	                                                         1735 Market Street
43rd Floor
Philadelphia, PA 19103
+1 (215) 567-6100
Federal Tax ID: 81-1642478

RECEIVED FEB 2 1 2020

of

Ac(:ount Summary Report
Date Range : January 1, 2019 io January 31, 2019
Meter Group: All Meters
Meter lWOO - 1376538 OLD at ORLANDO, FL
 Meter 1WOO - 03 7351 at ORLANDO, FL	

LacAllaQ

'.	Heme Name I SOdAI NumberI eoe Acg,uarnumJ>cr I

Meter Details

OIU.ANOO, fl
ORWJOO,FL

1WOO · 0 17354	0347354	24978470
l\'100 • 1376538 OLD     1376538	24978◄70

Account Summary
C  	A<;Count	 	....._  s__b_A_cr.o_u_nt_   ... 	Pl_eco,

_.!

T_O_UII   Ch&£_]	

wragcs ol we,tl)Ofl coo

19	SI0.900
Grand Total	$10 .900

Adomaitis, Jeremy

From:
Sent:
To:
Subject: Attachments:

Mike Veazey <MVeazey@icihomes.com> Tuesday, February 04, 2020 9:30 AM Adomaitis, Jeremy
FW: [External] Irrigation Proposal
Villages of Westport Jan Contoller A Irrigation Repair Proposal.pdf; Villages of Westport Jan Controller A Irrigation Proposal,pdf; Villages of Westport Jan irrigation proposal controller c.pdf; Villages of Westport Start up lnspection.pdf

*** CAUTION *** THIS EMAIL ORIGINATED FROM OUTSIDE OF THE ORGANIZATION. DO NOT CLICK LINKS OR OPEN ATTACHMENTS UNLESS YOU RECOGNIZE THE SENDER, VERIFIED THE ACCURACY OF THE EMAIL ADDRESS, AND KNOW THE CONTENT IS SAFE.

Jeremy Yellowstone is approved to make the below repairs to the irrigation at VOW. Please proceed. We are going to hold off on the sensors.

Thanks

Mike Veazey
Development Project Manager
ICI HOMES I 14785 Old St Augustine Rd Suit 3 I Jacksonville, FL 32258 Direct:  904, 652.2558  I Mobile:  386.566.7454 I mveazey@icihom	es.com www.lCIHomes.com

This email contains PRIVILEGED AND CONFIDENTIAL information intended only for the use of the addressee(s) named above, If you are not the intended recipient of this email, or an authorized employee or agent responsible for delivering it to the intended recipient, you are hereby notified that any dissemination or copying of this email Is strictly prohibited. If you have received this email In error, please notify us by reply email and delete this email from your records. Thank you for your cooperation.

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From: Adomaitis, Jeremy <jadomaitis@yellowstonelandscape.com>
Sent: Monday, January 20, 2020 9:30 AM
To: Mike Veazey <MVeazey@icihomes.com>; Reid Wicker <rwicker@lelandmanagement.com>
Subject: [External] Irrigation Proposal Good morning Mike,
Irrigation was onsite last week to do there start up inspection. I have attached proposals on irrigation inspection report . FYI controller A and B were not able to be inspected due to broken mainline. Also, tech tried to inspect JEA station no controller or valve was found by tech to do inspection in this area.

Have a great day,
Jeremy Adomaitis I Field Account Manager
Yellowstone Landscape
2663 Roberts Street, Jacksonville, FL 32207
Cell: 904-570-5531 Fax: 904-683-7327 www.yellowstonelandscape.com
1

YELLOWSTONE

INVOICEt	INVOICE DATE	
JAX 89506	2/29/2020	
TERMS	PONUMBER	
Net 30		

INVOICE

Bill To:
Villages of Westport COD c/o ICI Homes
Tidewater POA
14785 Old St. Augustine Rd. #3
Jacksonville, FL 32258

Property Name:	Villages of Westport COD

Remit To:
Yellowstone Landscape PO Box 101017
Atlanta , GA 30392-1017

Invoice Due Date: March 30, 2020

Invoice Amount:	$605.00

ascription	CurrentAmo

Irrigation Repairs Controller A
During start up inspection YL found controller A has a mainline break on main roadway past Creston. YL will have excessive digging to get through roots. YL has system turned off until repairs are made. YL was not able to inspect controller A or B due to mainline break.
Irrigation Repairs	$605.00

Invoice Total	$605.00

YELLOWSTONE

INVOICE

Bill To:
Villages of Westport COD c/o ICI Homes
Tidewater POA
14785 Old St. Augustine Rd. #3
Jacksonville, FL 32258

Property Name:	Villages of Westport COD

INVOICE•	INVOICE DATE	
JAX 89507	2/29/2020	
TERll8	PO NUMBER	
Net 30		

Remit To:
Yellowstone Landscape PO Box 101017
Atlanta , GA 30392-1017

Invoice Due Date: March 30, 2020

escrfptlon
1r rigation Repairs Controller A

Invoice Amount:	$205.00

Current Amoun

YL found on controller A exposed 2-wire from irrigation system at entrance to Keniston neighborhood. YL will need to add DBR's on bare wires in this area so system does not show errors.
Irrigation Repairs

$205.00

Invoice Total	$205.00

YELLOWSTONE

INVOICE

Bill To:
Villages of Westport COD c/o ICI Homes
Tidewater POA
14785 Old St. Augustine Rd. #3
Jacksonville, FL 32258

Property Name:	Villages of Westport COD

INVOICEI	INVOICE DATE	
JAX 89508	2/29/2020	
1ERll8	PONUIIIER	
Net 30		

Remit To:
Yellowstone Landscape PO Box 101017
Atlanta , GA 30392-1017

Invoice Due Date: March 30, 2020

Invoice Amount:	$1,787.78

ascription
Irrigation Repairs Controller C
During start up inspection YL found zones 1,2,7, and 8 need pop-up heads replaced. YL found zones 15 and 21 have broken rotors. YL found zones 1,2,3,4,5,6,7, and 8 have clogged broken or incorrect nozzles. YL found zones 9,16,17,18,19, and 20 have broken netafim pipe. YL found zone 6 has a leteral line break. YL also found zones 6 and 12 need to relocate heads on zones for adequate turf coverage. YL will make all repairs and test run system to ensure proper watering.
Irrigation Repairs

Invoice Total

CurrentAmoun

$1,787.78

$1,787.78

,

◄ f	YELLOWSTONE
l A N 0 S C A r E

Bill To:
Villages of Westport COD c/o ICI Homes
Tidewater POA
14785 Old St. Augustine Rd. #3
Jacksonville, FL 32258
Property Name:	Villages of Westport COD

INVOICE

Net 30

Remit To:
Yellowstone Landscape PO Box 101017
Atlanta, GA 30392-1017

Invoice Due Date: March 30, 2020
Invoice Amount:	$3,615.75

Current Amoun
Monthly Landscape Maintenance February 2020	$3,615.75

Invoice Total	$3,615.75

RECEIVED FEB 2 5 2020

VILLAGES OF WESTPORT CDD

Payment Authorization 2020-54
3/11/2020
FY20
Item	Payee	Invoice#	General
No.	Fund

1	Advanced Security Specialist & Consulting LLC		
Security Feb. 2020	V0022020	$ 3,916.00	
2	Alden Contracting Services			
Install Multi-Door Access Controller	169181	$ 4,205.00	
3	JEA (paid online)			
Acct. 0230853498; Svcs 01/27/20-02/26/20		$	352.91	
Acct. 8245040569; Svcs 01/27/20-02/26/20		$ 1,292.01	
4	Leland Management, Inc.			
Management Fee: Feb. 2020		$ 1,600.00	
5	PFM Group Consulting, LLC			
District Management Fee: Mar. 2020	DM-03-2020-0077	$ 1,250.00	
Website Fee: Mar. 2020	DM-03-2020-0078	$	100.00	
6	Rick Arsenault			
Pool Maintenance Mar. 2020	VOW220	$ 1,000.90	

TOTAL	$13,716.82

Secretary/Assistant Secretary	Chairperson

INVOICE

Advanced Security Specialist & Consulting LLC License# B1900191
1106 Copper Creek Drive, Macclenny Florida 32063 Phone 904-483-1227
adva nce dsec ur it yspe cialist@com cast. ne t

To

Villages of Westport
12051 Corporate Boulevard
Orlando Fl, 32817

INVOICE # V0022020
Date: March 01, 2020
RECEIVED MAR O 2 2020

Consultant

Advanced Security

Job

Security-I/ VOWP

Shipping Metliod

NIA

Shipping Terms

NIA

Delivery Date

February 2020

Terms

Payable Upon Receipt

Due Date

03101120

Qty	Item#	Description	Unit Price	Discount	Line Total	
	Opt-1	Security/ Monitoring/ MMSFiles	$ 2166.00		$ 2166.00	
4	On site	February 1, 2020 On site security 4 hours	$	25.00		$ 100.00	
4	On site	February 2, 2020 On site security 4 hours	S	25.00		$ 100.00	
4	On site	February 7, 2020 On site security 4 hours	$	25.00		$ 100.00	
4	On site	February 8, 2020 On site security 4 hours	S	25.00		$ 100.00	
4	On site	February 9, 2020 On site security 4 hours	$	25.00		$ 100.00	
4	On site	February 14, 2020 On site security 4 hours	S	25.00		$ 100.00	
4	On site	February 15, 2020 On site security 4 hours	$	25.00		$ 100.00	
4	On site	February 16, 2020 On site security 4 hours	S	25.00		$ 100.00	
4	On site	February 17, 2020 On site security 4 hours	S	25.00		$ 100.00	
4	On site	February 18, 2020 On site security 4 hours	S	25.00		$ 100.00	
6	On site	February 21, 2020 On site security 6 hours	$	25.00		$ 150.00	
6	On site	February 22, 2020 On site security 6 hours	$	25.00		$ 150.00	
6	On site	February 23, 2020 On site security 6 hours	$	25.00		$ 150.00	
6	On site	February 28, 2020 On site security 6 hours	S	25.00		$ 150.00	
6	On site	February 29, 2020 On site security 6 hours	$	25.00		$ 150.00	
4	On site	Interior, exterior facility and property check	S 100.00	S 100.00	N/C	
Subtotal	$3,916.00	
Total	$3,916.00	
Balance Due	$3,916.00	

CGC1508076

Alden Contracting & Services
4424 Parkway Commerce Blvd Orlando FL 32808
407-982-2011

Service Invoice
Invoice#: 169181 Date: 12/31/2019

Contact: Mike Veazey
mveazey@icihomes.com

Billed To: Villages of Westport CDD c/o Leland Management
10175 Fortune Pkwy Suite 906
Jacksonville FL 32256-6755

RECEIVED MAR O 2 2020

Project: Villages of Westport
Amenity Center
6702 Sandler Springs Tr. Jacksonville FL 32219

Completed:  12/19/2019	Client Work Order#:	169181

Description	Qty	Rate	Price	
DKS 1838-080	1.00	$1,500.00	$1,500.00	
Expansion Boards for 1838	4.00	$320.00	$1,280.00	
Labor	19.00	$75.00	$1,425.00	

Non-Taxable Amount: Taxable Amount: Sales Tax:
Deposit
Payments Applied
Amount Due

4,205.00
0.00
0.00
0.00
0.00

4,205.00

Thank you for your interest in Alden Contracting & Services!

Alden Contracting & Services shall retain a security interest in all goods and materials until same has been paid in full.

Buyer/owner agrees to pay all collection and attorney fees, as well as a 1.5% per month service charge on all past due amounts. All terms of this contract are contained herein.

Account Balance	Step3/3

Thank you for your payment.
We have sent a confirmation email to glasgowj@pfm.com.
If your service has been disconnected and you have paid the required amount, a reconnect order will be issued automatically.

Account:0230853498
Your payment has been scheduled.Scheduled payments may take up to one business day to process.Your balance will not reflect the payment until the first business day after the scheduled payment date.

Confirmation No. Payment Selection Payment Amount Bank Account Posting Date

11209716031120
Account Balance
$352.91
City National Bank
03/20/2020

Total: $352.91

Total Amount Paid:
$352.91

JE,'\ .

21 West Church Street, Jacksonville, FL 32202-3139
Phone: 904.665.6000 • Fax: 904.665.7990 • Internet: jea.com	Page 1 of 3
Customer Name: VILLAGES OF WESTPORT COMMUNITY

Account#: 0230853498
Cycle: 04	Bill Date: 02/27/20
Electric ......................................................$	157.26
Irrigation ......................................................	195.65
(A complete breakdown of charges can be found on the following pages.)
Total New Charges: ...........................	$	352.91

IJ Please pay $352.91 by 03/20/20 to avoid 1.5% late payment fee and service disconnections.

''	Make sure the built-in power management system on office equipment is activated to ensure power saving during periods of inactivity.
1:1By turning off the faucet, following irrigation restrictions and checking for leaks, you can help preserve our most valuable natural resource.

0
0
0
8
0
0
0
]I
	 RECEIVED MAR O 3 2020
A late payment fee will be assessed for unpaid balance.

Previous Balance
$245.49	Payment(s) Received
-$245.49	Balance Before New Chargos
$0.00	New Charges
$352.91	Please Pay
$352.91	

WE APPRECIATE YOUR BUSINESS

PLEASE DETACH AND RETURN PAYMENT STUB BELOW WITH TOTAL DUE IN ENVELOPE PROVIDED.

Additional information on reverse side.	.

JE,'\	□ Add $  

to my monthly bill: $

for Neighbor to

Check here for telephone/mail address

Fund. I will notify JEA when I no longer wish to contribute.

Neighbor and/or $

for the Prosperity Scholarship

□ correction and fill in on reverse side.

Acct#: 0230853498	Bill Date: 02/27/20	Please pay by 03/20/20 lo avoid 1.5% Late Payment Fee.	
Previous Balance
$245.49	Payment(s) Received
-$245.49	Balance Before New Charges
$0.00	New Charges
$352.91	Please Pay
$352.91	TOTAL AMOUNT PAID	

#	0000132	1=10010000
II IIII I111h111111111I111 h111 11IIIII' 111111111111111III11111111

11	1 1 11 1

1    1  111	1   1	1	1 1 11 11 1

132 1 MB 0.436
VILLAGES OF WESTPORT COMMUNITY 12051 CORPORATE BLVD
ORLANDO FL 32817-1450

I11  1111  II1  1  11 I ii1 111 h   I Ih 11 111II 1 II11 1 1  1  1 1
** JEA **
PO BOX 45047
JACKSONVILLE FL 32232-5047

72000230853498000000000004000035291010100000000400017

BILLING AND PAYM ENT OPTIONS

I
Page 2 of 3

JEA offers a n11niher of conve nie nt hillin g and payme nt opti ons . You can pay onlin e, by pt10n e, by mail, in person or auton1atica ll y using your bani< a ccount. And yo11 c w, go paperless by receivin g your bill by email, which is easy for you and good for tl1E environrn ent.
eBill: Receive, view, and pay your bill online. JEA ebill is one of our most convenient ways to receive, view and pay your tiill.
MyBudg et: Witl'1 MyBudget, yoLII" bill is based on a rolling 12 month average. This prevents cl1 as tic chan ges in your bi ll montll to month. even in the coldest or hottest montl1s when you use rnore.
Auto -Pay:  Otir Automatic Bill Payment service ensures your JEA bill is paid ;i uto1n  atica li y. You still receive a bill, but /l.11tom   at  ic:  Bill Pciy cleducts tt1e amount you owe fron1 your bani; c1ccount on you1· du e date. Once set up, you clon't have to do a thing.
Pay Online: When you pay \'our JEA bill on jeR.com, yo ur payment is credit ed to you r acco un t. iminec.1iately. It is fr ee t o µay using your checking or saving s account. Pay l:Jy debit or credit cartl- conven ien ce fc:!es cl1arged by card paym ent vemJor: Payments up to $500: $2.20, $f500 ,01 - $1,000:
$4.40, $:L,000.01 - $10 ,000: $9.95.
Pay Through Your Bank: Use your bank's bill payer system to pa y JEA elel:t ronica lly. Provide your JEA acco un t inf ormati on to yo ur ba nk and enter  the cJate a ncl amount to pe.y each month.
Pay by Phone: Ca ll  66 1-6000  to pc1y your JEA b ill  us in g our  au tom ated phone syste111 24  h ours  a ,d Jy. Your payment will  l) e cr ed it ed to  your account i1n rn ed iatelv.
It is free to pay using yo ur cl1ecking or saving;; accou nt. Pay by debit or cred it car d- conveni(ince fees charged by carel p aym ent vendor: Payment s up to
$500: $2.20. $500 .01--$1 ,000: $4.40, $1,000.0 1.- $ :IC),000: $9.95 .
Pay by Mall: Please write your account number on your check or money order. Please inclu<JE t.t1e payment stub with your payment and mail to
IJ.O. Box 4!50 47, Jacksonville, FL. 3 2 23 2 -50 4 7. M ake checl\S payable to JEA.
Pay in Person: JEA pc1yn1ents are ar.:cep1.ec1 c1t the JEA Downtown Custornei- Center, Winn-Dixie stores, Duval County Tax Collector offices and over
:140 JEA a11t ll or ize t1 payment-only locat ion s. Fincj lo cations at JEA.com/ p ayin ont loca ti ons. Be sure to tal<e" copy of your .JEA l:>ill wl1en you go. The JEA D owntow n Customer Center, 43 W. Church Street , is open 7:30 a.m.--5:30 p. m. Monday through Friday except holidays. Closed Saturda y.
When you provide a check as payment, you author ize us eitl1er to use in form a tion fro m your i;hec l< to mak  e  a  one -  t ime  e l e ctroni c funcJ tra nsfe r from your account or to process til e payment as a check tran saction.
Request an Extension: We understand that sometimes things happen and you 11eec,1 1 litt  le  more time to pay your l:iill. You can,   i pply fo r an
extens ion on li ne at je a.corn. Also, residential customers cun call 66,j-6000; co111rnerc ial customers can call 665-6250. Ou r sel f -se rve system will let you kn ow it you qualify and give you a new due date .
Need Help Paying Your Bill? United Way rnair,it 1ins a computerized data tJ;c1se o t p1ograms tl1at may be able to assist you in paying your utility l.lill.
r·or assi ;tance wittl your utility bill, dial 2-l-:1. or 6.32 -060 0.

STATEMENT INFORMATION
APPLICATION AND CONTRAC'T FOR SERVICE - Custo mers may review term s and condit ions of service  and policies on jea.com, or may call, write or e-mail JEA to request a copy. Requesting of utility service and JEA's acce pt an ce to provide utility service , including the rendering of a bill, constitutes a binding cont mct 1.1al   al  treomvnt between JEA and the customer , Including each fina11r.lall y responsible  person or enti ty as
defi ned by app licable State, Cit y an d Uti ity regulations and policies, whet hor 01 not servl r.o is listerl In that lndivlflun l's n timfl.
Please review your billing statement. Should you suspect a billing or pa yment error, please notify us immediatel y at 665-6000. Commercial custom( rs can call us at 665-6250. You have 90 days from the statement date to request a JEA review for correction or credit.
Customer Charge is a fi xed m onthl y chmge to mainta in an ac:co11nt for a custom er. inr.ludi11g 111eteri11g, billing ,ind accou nt administration.
Energy Charge pays for the cost of the electric infr ast ructu re, contribution to t11e City of Jacksonvi lle a11cJ t o  ge11erate  and  deliver the  electricity you use, excluding the cost of fuel.

Fuel Cost is det erm ined by tt1e Adjust abl e Fu fl l Rate. which may go up or down h,:1sec:I on tlw cost of fuels JEA use s to genera te electricity. A portion of the fuel ctiarge is exempt from ttw Public Service Tax.
Water/Sower Service Availability Charge is  fl  fi xed  rnonthly  charge  that  covers  a  portion  of  the  water/sewer  infrastruc ture and  the  cost to  maintain an account for a custome r. in cludin g meter i11g, bi lli ng and account. acim ini stration
Conservation Chargo applies only if you use nwre than 2,750 kWhduring a billing period. If this occu1s , you will be charged an aclditional $.01
per kWh over 2,750 kWh to encourage conservation. Average home usage is 1,000 l<.Wh per month.
Environmental Charge pro vides fundi ng for envi ronmenta l and regul at ory pro g-ni m •.

Wat er Consumption/ Sewer Usage Tie rs s0re b as ed on n1e amount of water you use-. f ypi cal household usage is 6 kgals or less.
Fees and Taxes are government transfer s paid to city or state govern ments .
kgal: :I ,000 gallon s
cf: Cubi c fool : of water which equals 7.4 8 gallonG of water
l<Wh: KilowHtt-hour is a measure of electr ica,l rn ergy. One l<Wh is Hie equivalen t of using 1,000 watts for one hour , f'.or examp  le,  if  you use a :LOO watt light l.iu lll for 720 t10u rs (i.e. for 30 cl ays strnir ht). you will lrn ve 11s ecl 72 k Wl1.
ADDRESS CORRECTION

Account#	Tel:

Address:

City:	State:	Zip Code:

E-mail:

21 West Church Street, Jacksonville, FL 32202-3139
Phone: 904.665.6000• Fax: 904.665.7990• Internet: jea.com	Page 3 of 3
Customer Name: VILLAGES OF WESTPORT COMMUNITY	Account#:0230853498

Cycle: 04	Bill Date: 02/27/20

Billing Rate: General Service			Billing Rate: General Service		
Service Address: 12060 BRADDOCK RD			Service Address: 12424 GADLEY CIR		
Service Period: 01/28/20 - 02/26/20	Reading Date:	02/26/2020	Service Period: 01/28/20 - 02/26/20	Reading Date:	02/26/2020	
Service Point: Commercial - Electric			Service Point: Irrigation 1 - Electric			
Meter		Days	Current Number	BIiied Readin	Meter Constant	
Consum tion	Meter	Days	Current	Reading Number	Billed Readin		T e	Meter Constant	
Consum lion	
24072186	29	1594		635 KWH	24072169	29	1730	Regular		701 KWH	
Basic Monthly Charge	$	9.25	Basic Monthly Charge	$	9.25	
Energy Charge ($0.06447 per kWh)		40.94	Energy Charge ($0.06447 per kWh)		45.19	
Fuel Cost		20.63	Fuel Cost		22.78	
Environmental Charge		0.39	Environmental Charge		0.43	
City of Jacksonville Franchise Fee		2.14	City of Jacksonville Franchise Fee		2.33	
Gross Receipts Tax		1.88	Gross Receipts Tax		2.05	

a a a a
0
a
0
a
l!:
N
N	 		 	

"0'
0
0
0
;;;

"""'

r--
['.:>'
"
;;;
N
0
0
0

TOTAL CURRENT ELECTRIC CHARGES
$17.39 of Fuel Cost is Tax Exempt

Billing Rate: Commercial Irrigation Service
Service Address: 12060 BRADDOCK RD

$	75.23

TOTAL CURRENT ELECTRIC CHARGES
$19.20 of Fuel Cost is Tax Exempt

15000

11250

$	82.03

Service Period: 01/27/20 - 02/25/20	Reading Date: 02/25/2020
Service Point: Irrigation 1 - Commercial

7500

Meter	Days	Current	Reading Number	Billed  Readin		T e

Meter
 	Size	

Consumption

11/2	31000 GAL	
Basic Monthly Charge	$	63.00	
Tier 1 Consumption (1-14 kgal @ $3.44)	48.17	
Tier 2 Consumption (> 14 kgal @ $3.96)	67.31	
Environmental Charge	11.47	
City of Jacksonville Franchise Fee	5.70	
TOTAL CURRENT IRRIGATION CHARGES	$	195.65	

1 cu tt  7.48	

3750

Feb Mar Apr May Jun Jul Aug Sep Oct Nov

■

2019

Dec Jan Feb
2020

	l11ls Mon11	
TotalKwh used	1,524	1,336	
 Tolnl Gnllon• USl)d 	1,000	31000	

Electric Kwh

1	Avura Dall

Account Balance	0	Step3/3

Thank you for your payment.
We have sent a confirmation email to glasgowj@pfm.com.
If your service has been disconnected and you have paid the required amount, a reconnect order will be issued automatically.

Account: 8245040569
Your payment has been scheduled.Scheduled payments may take up to one business day to process.Your balance will not reflect the payment until the first business day after the scheduled payment date.

Confirmation No. Payment Selection Payment Amount Bank Account Posting Date

11209751031120
Account Balance
$1 ,292.01
City National Bank
03/20/2020

Total: $1,292.01

Total Amount Paid:
$1,292.01

21 West Church Street, Jacksonville, FL 32202-3139
Phone: 904.665.6000 • Fax: 904.665.7990• lnternet: jea.com	Page 1 of 4

Customer Name: VILLAGES OF WESTPORT CDD

Account#: 8245040569
Cycle: 04	Bill Date: 02/27/20

Electric	$	571.12	
Irrigation ...................................................	569.08	
Sewe r .........................................................	54.47	
Water ..........................................................	97.34	
(A compel te breakdown of charges can be found on the following pages.)		

Total New Charges: ............................	$	1,292.01
0

8

0

0
0
0
li

Please pay $1,292.01 by 03/20/20 to avoid 1.5% late payment fee and service disconnections.

n

II Make sure the built-in power management system on office equipment is activated to ensure power saving during periods of inactivity.
l:i By turning off the faucet, following irrigation restrictions and checking for leaks, you can help preserve our most valuable natural resource.

RECEIVED MAR O 3 2020

A late payment fee will be assessed for unpaid balance.

Previous Balance
$1,357.15	Paymenl(s) Received
-$1,357.15	Balance Before New Charges
$0.00	New Charges
$1,292.01	Please Pay
$1,292.01	

WE APPRECIATE YOUR BUSINESS

PLEASE DETACH AND RETURN PAYMENT STUB BELOW WITH TOTAL DUE IN ENVELOPE PROVIDED.

JE,	□

Add $ _ _ to my monthly bill: $_ _ for Neighbor to Neighbor and/or$_ _	for the Prosperity Scholarship Fund. I will notify JEA when I no longer wish to contribute.

Additional information on reverse side. 	..

□

Check here for telephone/mail addr ss correction and fill in on reverse side.

Acct#: 8245040569	Bill Date: 02/27/20	Please pay by 03/20/20 to avoid 1.5% Late Payment Fee.	
Previous Balance
$1,357.15	Payment(s) Received
-$1,357.15	Balance Before New Charges
$0.00	New Charges
$1,292.01	Please Pay	TOTAL AMOUNT PAID
$1,292.01	I	

e 

#	0000 1 33	1 = 100 1 0000

,,,,,II"'11111" ,,111111 ,, ,,,1•111 I•1111111,,I,,,,1lh,II,,.,,,,
133 1 MB 0.436
VILLAGES OF WESTPORT CDD ATTN: BEVERLY RANCHUREJEE 12051 CORPORATE BLVD
ORLANDO FL 32817-1450

II  I 111111 •Ih1,111II  l11l1111 •I111 •II"'II'I I11 1,,II11'"I•,I,,I,I
** JEA **
PO BOX 45047
JACKSONVILLE FL 32232-5047

92708245040569000000000004000129201010100000000400018

BILLING AND PAYMENT OPTIONS

I
Page 2 of 4

JEA offers a nurnlJer of convenient: billing and pay111ent options. You can pay online, by pt1one, by mail, i11 person or automatiwlly using your b,rnk account. And you can go paperless by receiving your bill by emi:lil, wllich is easy for you ancl good for the environment.
eBill: f<eceive, view, and pay your bill 011lim,. J[.l\ erJill is one of our most convenient way , to rnceive, view anrJ pay your IJill.
MyBudget; With MyBuctget, your bill is basecl on a rolling :12-rnonth average. Tl1is pI·events Lirnstic ctmnges in your l1ill month to rnonth, even in the coldest or llottesl rnonths when you use more.
Auto-Pay: Our AutoInatic Bill Payment service ensures your  JEA  bill is pairJ .:Jutomatic:ally. You i;till receive a  bill, but  Automatic  Bill Pay cleducts the  amoIint you owe frorr, your bank account on yolll' due elate. Once set IIp, you don 't rww ·10 do a t.t,ing.
Pay Online: Wilen you pay your JEA bill on jea.com, your payment is cre<Jitfid to your account immediately. It is free to pay using your checi,ing or savings account. f)ay by debit or credit canj-co11w,11ie11ce fees charged by carrJ payment vendor: Pi:lyments up to $[500: $2.20, $500.01-$:l,OOO:
$4.40, $1,000.01-   $10,000: $9.95.
Pay Through Your Bank: Use your banl,'s  bill payer  system to  pay .!EA  electronically. Provide  your JEA  account information to your  bank  and  enlei" the elate ancJ amount to pay eac.11 montt1.
Pay by Phone: Call 665-6000 to pay your J[A bill using our automc1ted phone system 24 hours a day. Your payment will be crerlited to your account immediately.
It is free to pay using your checking or savings account. Pay by debit or credit card-convenience fees chcirgerj by carcl payment vendor: Payments up to
$500: $2.20. $500.01- $:l.000: $4 .40. $1,000.01 -$:l.0,000: $9.95.
Pay by Mall: Ple,)se write your account nunIber on your check or money order. Plc,ase include the pay111ent stub with your payrnent ancl mail to
P.O. f3ox 45047, Jacl sonville, Fl. 32232 -5047. Make checks payablP. to JEA.
Pay  in  Person: JEA payments  are ar.cepted at tlIe JEA  Downtown Customer Center, Winn-Dixie  stores, Duvi:ll County Tax Collector  offices and  over
l.40 Jl:/1 authorized payment-only locations. Find locations at JEA,co111/pa   yrne11tl ocatio11s. Bii sure to take a copy of your JEA bill when you go. The
JEA Downtown Customer  Center,  43  W. Church Street, Is open  7:30 a.m.-5:30 p.m. Monday through Friday except holidays. Closed Saturda,y
When you provide a check as payme1It, you autl1orize us either to use information from yoIIr d1eck to make a one-time electronic fund transfer from your account or to process the pi:lyrntont as <l cl1ecl, transaction.
Request  an Extension: We understand ttrnt sometimes tilings happen and you neerl a  little more time to pay your bill. You can apply  for an  extension online at jea.corn. Also, residential ciI'.;tomers can call 665-6000; commercial customers can call 665-6250. Our sel-f serve system will let you I,now if you qualify and give yo11 a new due date.
Noad Help Pay ng Yuur Bill? Unitecl Way mai n1.i ut ,, 11;(1111put erizecl cf1:1tatJ21:oe of programs that rnay be atJle to assist you in pc1yi11g your utility bill.
For a ssistanc, t  with your utility l)ill, rJiat 2-l<L or 632-0600.
STATEMENT INFORMATION
APPLICATION AND CONiRACT FOR SERVI CE- Customers may review ter ms and conditions of service and polic ies on jea.com, or ma • call, write or e-n1nll JEA to re{fuest n eopy Requ esting of utility ser vloe an d JEA's a cco11ta nce to p rovide utilit y servi ce, includlng ttle rend ring of a bill, co, stil utes a binding cont rnct ual agre ement between JEA and the c ust omr.r, lncl uding each fin anci all y respons ible person or entity as
defi ned by app li cable  State, Cit y nn  d  Utility regula  ti ons and  po li cies, whot ht'r or not sorvi ct? is   listed 111 t h at indlvl rtun l's n am e.
Please review your bil ling sta tmne nt.  Shuuld  you suspect a bil li ng or 111:1yment  error, please notify us immediately at 665-6000. Commercial customers can c II WI al 68 5-62 50 , V1>11 have 90 days from t he stot oment date to reque!!;t a JEA review for correction or credit.
Customer Charge is a fixed monthly c:lrnrge to maintain an account for c\ r:IIstcmer. including rnetering, billing and account administration.
Energy Charge pays for the cost of the electric infIastrL1cture, contribution to th(o City of Jacl,so1wille and to generate and deliver tf1e electricity you use, excluding the cost of fuel.
Fuel Cost is determined by ttie Adjustable Fuel Rate, which may go up or rJown llased on tl1e cost of fuels JEA uses to generate electricity. A portion of tt,e fuel cllc1rge is exempt from the f'ublic Service Tax.
Water/Sewer Service Availability Charge is a fixed rnonthly charge that covers a portion of the water/sewer infrastructure and the cost to maintain
an m:cou 11t for a customer, including 111ete1ing, billing ancl account art111inistration.
Consarvation Charge applies only if you use more tlian 2.750 l,Wh during a billing period. If tnis occurs. you will lJe charged an additional $.OJ. per l(Wh over 2,7[j(J l(Wh to encourage conservation. Avernge horne usage is 1,000 l,Wll per montl1.
Environmental Charge provides funding for e11vironrnental anrJ regulatory programs.
W11ter Consumption/Sewer Usage Tiers are l)i1sed on tile amount of water you use. Typical twuseholcl usage is 6 kgals or less.
Fees and Taxes me government transfers paicl to city or state governments.
kgat: :l,000 gallons
cf: Cubic: foot of water whicl1 equal 7.48 gallons of water
l<Wh: Kilowatt-hour is a measure of elt ctrical energy. One kWh is the equivalent of using 1.000 watts for one hour. For example. if you use a 100 wcItt lif\ht bulb for 720 hours (i.ti. tor30 days strar f\llt) , you will t\ilve used 7 2 kWt1.
ADDRESS CORRECTION

Account#	Tel:

Address:

City:

E-mail:

State:	Zip Code:

21 West Church Street, Jacksonville, FL 32202-3139
Phone: 904.665.6000• Fax: 904.665.7990• lnternet: jea.com	Page 3 of 4
Customer Name: VILLAGES OF WESTPORT CDD	Account#:8245040569 Cycle: 04	Bill Date: 02/27/20

Billing Rate: General Service
Service Address: 6714 SANDLE DR
Service Period: 01/28/20 - 02/26/20	Reading Dale: 02/26/2020
Service Point: Commercial - Electric

Billing Rale: Commercial Water Service
Service Address: 6714 SANDLE DR
Service Period: 01/27/20 - 02/25/20	Reading Date: 02/25/2020
Service Point: Commercial - Water/Sewer

Meter
Number	Days	Current
Billed Readin	Reading
T e	Meter Constant	
Consum lion	Meter
Number	Days
Billed	Current
Reading	Reading
Type	Meter	Consum
Size	ll cu ft -	
22960690	29	40170	Regular		4051 KWH	77680745	29	1549	Regular		

ption
7.4B gall

Basic Monthly Charge	$	9.25	Basic Monthly Charge	$	31.50	
Energy Charge ($0.06447 per kWh)	261.17	City of Jacksonville Franchise Fee	0.95	

0 GAL

0
0
0
0
0
0
0
0
li
N

0

""''
0
0
0

Fuel Cost Environmental Charge
Crty of Jacksonville Franchise Fee Gross Receipts Tax
TOTAL CURRENT ELECTRIC CHARGES
$110.96 of Fuel Cost is Tax Exempt

131.66
2.51
12.14
10.69
$	427.42

TOTAL CURRENT WATER CHARGES	$

Billing Rate: General Service
Service Address: 6794 SANDLE DR APT LS01

32.45

<D

.!•  ,_Lt ; ,  Y> > ; •1    " {  :.>•, ;... ; r  .....

Service Period: 01/28/20 - 02/26/20	Reading Date: 02/26/2020
Service Point Commercial - Electric

"N '

Billing Rate: Commercial Irrigation Service

Meter	Days	Current	Reading Number	Billed  Readin		T e

Meter

   Constant	

Consum tion

0

0	Service Address: 6714 SANDLE DR
0
Service Period: 01/27/20 - 02/25/20	Reading Dale: 02/25/2020
Service Point: Irrigation 1 - Commercial

20337172	29	5.04	Regular

 	1299 KWH

Basic Monthly Charge	$	9.25	
Energy Charge ($0.06447 per kWh)	83.75	
Fuel Cost	42.22	
Environmental Charge	0.81	
City of Jacksonville Franchise Fee	4.08	
Gross Receipts Tax	3.59	
TOTAL CURRENT ELECTRIC CHARGES	$	143.70	
$35.58 of Fuel Cost is Tax Exempt		
		
Billing Rate: Commercial Water Service		
Service Address: 6794 SANOLE DR APT LS01		

5.04 KW

Meter	Days	Current	Reading	Meter
Number	Billed  Reading		Type	Size	 76679032		29	9253	Regular		2

Consumption
(1 cu ft - 7AB gall
106000 GAL

Basic Monthly Charge	$	100.80	
Tier 1 Consumption (1-14 kgal @$3.44)	48.17	
Tier 2 Consumption (> 14 kgal @ $3.96)	364.31	
Environmental Charge	39.22	
Crty of Jacksonville Franchise Fee	16.58	
TOTAL CURRENT IRRIGATION CHARGES	$	569.08	

Billing Rate: Commercial Sewer Service
Service Address: 6714 SANDLE DR

Service Period: 01/27/20 - 02/25/20	Reading Date: 02/25/2020
Service Point: Commercial - Water

Service Period: 01/27/20 - 02/25/20	Reading Dale: 02/25/2020
Service Point: Commercial - Water/Sewer

Meter	Days	Current	Reading	Meter	Consumption Number	Billed  Reading		T ee		Size		! I cu II" 7.48 gal)

Meter	Days	Current	Reading	Meter

Consumption

70588991	29	1822	Regular	11/2	0 GAL

Number	Billed  Readin		T  e	Size 77680745		29	1549	Regular		1
Basic Monthly Charge	$
Crty of Jacksonville Franchise Fee

l cu l:l

7,48
0 GAL
52.88
1.59

Basic Monthly Charge	$	63.00
City of Jacksonville Franchise Fee	1.89
TOTAL CURRENT WATER CHARGES	$	64.89

TOTAL CURRENT SEWER CHARGES	$	54.47

JEl \ .	21 West Church Street, Jacksonville, FL 32202-3139

Ii!!(:
ffl...-

Phone: 904.665.6000 • Fax: 904.665.7990 • Internet: Jea.com

Customer Name: VILLAGES OF WESTPORT COD	Account#:8245040569
Cycle: 04	Bill Date: 02/27/20

Page 4of4

40000

30000

20000

10000

Jan Feb Mar Apr Jun Jul Aug Sep Oct Nov Dec Jan Feb

 	■	■ 

2019	2020

Water tens Gal	Electric Kwh	
-::-:-.,.,.,...-,---,- -     --i 1--"l-'=O'll=,'ii'"• -	LasI    c'in:=!o"l"h-   -      lll"='=r=o.ln'-l't1 -	=vam"=-'
Tol al Kwh used	5,530	5,747	5,350	184
 Tolal GMons used	20 000	106 000	106 000	J 655	

Leland Management, Inc. 6972 Lake Gloria Blvd Orlando FL 32809-3200
407-447-9955

Statement of Account as of 02/29/20

Re: 1 VILLAGES OF WESTPORT

Account#: Lot#:

249
JAX-24

VILLAGES OF WESTPORT CDD C/O FISHKIND & ASSOCIATES 12501 CORPORATE BLVD
ORLANDO FL 32817

Bill Period:	Feb 2020 Mgmt Fee Payment Due: 02/29/20

Amount Due:	$1,600.00

Date	Description	Charges	Credits	Balance	
02/28/20

02/29/20	Balance Forward MANAGEMENT FEE	

1,600.00		$0.00	
	New Balance  -	$1,600.00	

[ Messages

Make Checks Payable to: Leland Management, Inc.

RECEIVED MAR O 9 2020

Re: 1 VILLAGES OF WESTPORT
VILLAGES OF WESTPORT COD C/0 FISHKIND & ASSOCIATES 12501 CORPORATE BLVD
ORLANDO FL 32817

Leland Management, Inc. 6972 Lake Gloria Blvd Orlando FL 32809-3200

23

Account# :	249
Lot# :	JAX-24
Bill Period:	Feb 2020 Mgmt Fee Payment Due: 02/29/20
Amount Due:	$1,600.00

892□7□□□□□□□□□□□□□□□□ 24911□□□□□88648199□9□□□1 6□□□□1

Date	Invoice Number	
March 9, 2020
Paym�nt Terms
Upon Receipt	DM-03-2020-0077
Due Qate	
	March 9, 2020	

pfm

1735 Market Street 43rd Floor
Philadelphia, PA 19103
+1 (215) 567-6100

Federal Tax ID: 81-1642478

BIii To:

!Villages of Westport COD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817 United States of America

RE:	District Management Fee: March 2020

Total Amount Due

Company Address:

$1,250.00

1	of	1

pfm

Date	tnvofce Number
March 9, 2020	OM-03-2020-0078
PaymentTem,s	OueD11le
Upon Receipt	March 9, 2020

8JIITo:

Villages of Westport COD
c/o PFM Group Consulting District Accounting Department
12051 Corporate Blvd
Orlando, FL 32817 United States of America

RE:	Website Fee - March 2020

Total Amount Due

Company Address:	
1735 Market Street 43rd Floor Philadelphia, PA 19103
+1 (215) 567-6100

Federal Tax ID: 81-1642478

of

COMMERCIAL	•	RESIDENTIAL	•	WATER FEATURES

Villages of Westport CDD c/o District Manager
I 205 I Corporate Boulevard Orlando , FL 32817

BILL TO

Invoice	TERMS	INVOICE#	DATE	
	
Due on receipt	
VOW220	
2/25/2020	
QUANTITY	DESCRIPTION	RATE	AMOUNT	
I March Monthly Commercial Pool Maintenance Agreement
IO Trichlor Stix, per #
135 Sodium Hypochlorite, per gallon
5 Sulfuric Acid, per gallon	600.00
3.85
2.50
4.98	600.00
38.50
337.50
24.90	
	
RECEIVED MAR O 5 2020			

I To  tal	I_ I_

$_ ,1_ 0_00._ 9 0

STATE CERTIFIED  CPC 043148

3653 Regent Boulevard, Suite 503 --	Jacksonville, FL 32224 ---	904-997-6679 --	904-997-6680 Fax ---	904-710-SWIM Cell

Villages of Westport Community Development District

Review of District Financial Statements

Villages of Westport CDD Statement of Financial Position As of 5/31/2020

Current Assets	General Fund		Debt Service Fund

Assets		Construction Fund		Long Term Debt
Group		Total	
General Checking Account - CNB	$227,328.88								$227,328.88	
State Board of Administration	5,027.33								5,027.33	
Assessments Receivable	58,835.31								58,835.31	
Assessments Receivable			$168,379.31						168,379.31	
Due From Other Funds			3,453.43						3,453.43	
Debt Service Reserve A1 Bond			725,251.81						725,251.81	
Revenue A1 Bond			298,825.44						298,825.44	
Prepayment A1 Bond			3,037.50						3,037.50	
Acquisition/Construction A1 Bond					$53,751.72				53,751.72	
Deferred Cost A1 Bond					234,164.46				234,164.46	
Total Current Assets	$291,191.52		$1,198,947.49		$287,916.18		$0.00		$1,778,055.19	

Investments
Amount Available in Debt Service Funds							

$1,027,114.75		

$1,027,114.75	
Amount To Be Provided							9,467,885.25		9,467,885.25	
Total Investments			$0.00		$0.00		$10,495,000.00		$10,495,000.00	
Total Assets	$291,191.52		$1,198,947.49		$287,916.18		$10,495,000.00		$12,273,055.19	

Liabilities and Net Assets

Current Liabilities

Accounts Payable	$5,374.60								$5,374.60	
Due To Other Funds	3,453.43								3,453.43	
Deferred Revenue	58,835.31								58,835.31	
Deferred Revenue			$168,379.31						168,379.31	
Total Current Liabilities	$67,663.34		$168,379.31		$0.00		$0.00		$236,042.65	

Long Term Liabilities

Villages of Westport CDD Statement of Financial Position As of 5/31/2020

Revenue Bonds Payable LongTerm Total Long Term Liabilities

Total Liabilities

Net Assets

General Fund

$67,663.34

Debt Service Fund

$0.00

$168,379.31

Construction Fund

$0.00

$0.00

Long Term Debt
Group

$10,495,000.00

$10,495,000.00

$10,495,000.00

Total

$10,495,000.00
$10,495,000.00

$10,731,042.65

Fund Balance - Unreserved	($4,844.00)								($4,844.00)	
Net Assets, Unrestricted	129,263.55								129,263.55	
Net Assets - General Government	(3,589.42)								(3,589.42)	
Current Year Net Assets - General Government	102,698.05								102,698.05	
Net Assets, Unrestricted			$1,069,396.41						1,069,396.41	
Current Year Net Assets, Unrestricted			(38,828.23)						(38,828.23)	
Net Assets, Unrestricted					($797,404.12)				(797,404.12)	
Net Assets, Unrestricted					1,048,754.62				1,048,754.62	
Current Year Net Assets, Unrestricted					36,565.68				36,565.68	
Total Net Assets	$223,528.18		$1,030,568.18		$287,916.18		$0.00		$1,542,012.54	
										
Total Liabilities and Net Assets	$291,191.52		$1,198,947.49		$287,916.18		$10,495,000.00		$12,273,055.19	

Villages of Westport CDD Statement of Activities (YTD) As of 5/31/2020

Revenues

General Fund

Debt Service Fund	Construction Fund	Long Term Debt	Total
Group

On-Roll Assessments	$94,701.90								$94,701.90	
Off-Roll Assessments	174,383.16								174,383.16	
Other Income & Other Financing Sources	145.00								145.00	
On-Roll Assessments			$553,186.91						553,186.91	
Off-Roll Assessments			408,167.46						408,167.46	
Inter-Fund Group Transfers In			(33,675.29)						(33,675.29)	
Inter-Fund Transfers In					$33,675.29				33,675.29	
Total Revenues	$269,230.06		$927,679.08		$33,675.29		$0.00		$1,230,584.43	

Expenses

Supervisor Fees	$400.00	$400.00	
Public Official Insurance	2,962.00	2,962.00	
Trustee Services	3,717.38	3,717.38	
District Management	10,000.00	10,000.00	
Field Management	17,600.00	17,600.00	
Dissemination Agent	5,000.00	5,000.00	
District Counsel	6,491.78	6,491.78	
Assessment Administration	5,000.00	5,000.00	
Audit	500.00	500.00	
Arbitrage Calculation	500.00	500.00	
Postage & Shipping	52.61	52.61	
Legal Advertising	307.73	307.73	
Web Site Maintenance	1,100.00	1,100.00	
Dues, Licenses, and Fees	175.00	175.00	
Amenity - Electric	11,419.13	11,419.13	
Amenity - Telephone	952.72	952.72	
Amenity - Dues & License	325.00	325.00	
Amenity - Irrigation Repairs	2,597.78	2,597.78	
Amenity - Pool Maintenance	9,647.77	9,647.77	
Amenity - Access Control	4,525.00	4,525.00	
Amenity - Janitorial	5,540.00	5,540.00	
Amenity - R&M Grounds	1,395.00	1,395.00	
Amenity - Security	27,312.00	27,312.00	
General Insurance	3,605.00	3,605.00	
Property & Casualty	3,754.00	3,754.00	
General Repair & Maintenance	8,720.15	8,720.15	
Lake Maintenance	6,825.00	6,825.00	
Landscaping Maintenance & Material	24,499.98	24,499.98	
Landscape Improvements	1,187.66	1,187.66	

Villages of Westport CDD Statement of Activities (YTD) As of 5/31/2020

	General Fund		Debt Service Fund		Construction Fund		Long Term Debt
Group		Total	
Miscellaneous	506.74								506.74	
Principal Payment			$360,000.00						360,000.00	
Interest Payments - A1 bond			617,655.00						617,655.00	
Total Expenses	$166,619.43		$977,655.00		$0.00		$0.00		$1,144,274.43	

Other Revenues (Expenses) & Gains (Losses)

Interest Income	$87.42								$87.42	
Interest Income			$11,147.69						11,147.69	
Interest Income					$2,890.39				2,890.39	
Total Other Revenues (Expenses) & Gains (Losses)	$87.42		$11,147.69		$2,890.39		$0.00		$14,125.50	

Change In Net Assets	$102,698.05		($38,828.23)		$36,565.68		$0.00		$100,435.50	

Net Assets At Beginning Of Year	
$120,830.13		
$1,069,396.41		
$251,350.50		
$0.00		
$1,441,577.04	

Net Assets At End Of Year	

$223,528.18		

$1,030,568.18		

$287,916.18		

$0.00		

$1,542,012.54	

Villages of Westport CDD
Budget to Actual
For the period through 05/31/20

Year To Date
Actual	Budget	Variance	Adopted FY
2020  Budget

Revenues

Assessments	$	269,085.06		$	218,616.67		$	50,468.39		$ 327,925.00	
Other Revenue	145.00		-		145.00		-	
Net Revenues	$	269,230.06		$	218,616.67		$	50,613.39		$ 327,925.00	

General & Administrative Expenses

Public Official Insurance	$	2,962.00		$	2,200.00		$	762.00		$	3,300.00	
Supervisor Fees	400.00		533.33		(133.33)		800.00	
Trustee Services	3,717.38		2,480.00		1,237.38		3,720.00	
District Management	10,000.00		10,000.00		-		15,000.00	
Field Management	17,600.00		12,800.00		4,800.00		19,200.00	
Engineering	-		2,033.33		(2,033.33)		3,050.00	
Dissemination Agent	5,000.00		3,333.33		1,666.67		5,000.00	
Reamortization Schedule	-		333.33		(333.33)		500.00	
District Counsel	6,491.78		3,333.33		3,158.45		5,000.00	
Assessment Administration	5,000.00		3,333.33		1,666.67		5,000.00	
Audit	500.00		4,333.33		(3,833.33)		6,500.00	
Arbitrage Calculation	500.00		666.67		(166.67)		1,000.00	
Postage & Shipping	52.61		166.67		(114.06)		250.00	
Legal Advertising	307.73		1,000.00		(692.27)		1,500.00	
Miscellaneous	506.74		666.67		(159.93)		1,000.00	
Community Events	-		1,333.33		(1,333.33)		2,000.00	
Web Site Maintenance	1,100.00		1,600.00		(500.00)		2,400.00	
Dues, Licenses, and Fees	175.00		116.67		58.33		175.00	
Amenity - Water/Electric	11,419.13		30,000.00		(18,580.87)		45,000.00	
Amenity - Telephone	952.72		1,000.00		(47.28)		1,500.00	
Amenity - Insurance	3,754.00		2,666.67		1,087.33		4,000.00	
Amenity - Dues & License	325.00		266.67		58.33		400.00	
Amenity - Irrigation Repairs	2,597.78		2,000.00		597.78		3,000.00	
Amenity - Pool Maintenance	9,647.77		6,400.00		3,247.77		9,600.00	
Amenity - Access Control	4,525.00		1,133.33		3,391.67		1,700.00	
Amenity - Janitorial	5,540.00		5,400.00		140.00		8,100.00	
Amenity - Pest Control	-		800.00		(800.00)		1,200.00	
Amenity - R&M Building	-		6,666.67		(6,666.67)		10,000.00	
Amenity - R&M Grounds	1,395.00		6,420.00		(5,025.00)		9,630.00	
Amenity - Security	27,312.00		36,000.00		(8,688.00)		54,000.00	
General Insurance	3,605.00		2,600.00		1,005.00		3,900.00	
General Repair & Maintenance	8,720.15		9,133.33		(413.18)		13,700.00	
Irrigation	-		4,000.00		(4,000.00)		6,000.00	
Lake Maintenance	6,825.00		8,000.00		(1,175.00)		12,000.00	
Landscaping Maintenance & Material	24,499.98		30,666.67		(6,166.69)		46,000.00	
Landscape Improvements	1,187.66		8,666.67		(7,479.01)		13,000.00	
Right of Way Mowing	-		4,000.00		(4,000.00)		6,000.00	
Contingency-Hurricane Repairs	-		2,533.33		(2,533.33)		3,800.00	
Total General & Administrative Expenses	$	166,619.43		$	218,616.67		$	(51,997.24)		$ 327,925.00	

Total Expenses	 $	166,619.43       $	218,616.67	 $		(51,997.24) $ 327,925.00 Income (Loss) from Operations		$	102,610.63	$		-		$	102,610.63	$	-
Other Income (Expense)

Interest Income	$	87.42		$	-	$	87.42		$	-	
Total Other Income (Expense)	$	87.42		
$	-	$	87.42		$	-	
Net Income (Loss)	$	102,698.05		
$	-	$	102,698.05		$	-