Hamilton Bluff Community Development District

Meeting Agenda May 6, 2025

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Hamilton Bluff
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 29, 2025

Board of Supervisors Meeting
Hamilton Bluff Community Development District
Dear Board Members:

A Board of Supervisors meeting of the Hamilton Bluff Community Development District will be held on Tuesday, May 6, 2025 at 9:45 AM at 346 E. Central Ave., Winter Haven, FL 33880.

Zoom Video Link: https://us06web.zoom.us/j/85032869473
Call-In Information: 1-646-876-9923
Meeting ID: 850 3286 9473

Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period (Public Comments will be limited to three (3) minutes each)
Approval of Minutes of the April 1, 2025 Board of Supervisors Meeting
Consideration of Resolution 2025-08 Approving the Proposed Fiscal Year 2025/2026 Budget (Suggested Date: August 5, 2025), Declaring Special Assessments, and Setting the Public Hearings on the Adoption of the Fiscal Year 2025/2026 Budget and the Imposition of Operations and Maintenance Assessments
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Presentation of Number of Registered Voters—0
Other Business
Supervisors Requests and Audience Comments
Adjournment

MINUTES

MINUTES OF MEETING HAMILTON BLUFF
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Hamilton Bluff Community Development District was held on Tuesday, April 1, 2025, at 9:47 a.m. at 346 E. Central Ave., Winter Haven, Florida.

Present and constituting a quorum were:

Lauren Schwenk by Zoom	Vice Chairperson
Bobbie Henley	Assistant Secretary
Lindsey Roden	Assistant Secretary
Emily Cassidy	Assistant Secretary

Also, present were:
Jill Burns	District Manager, GMS
Roy Van Wyk	District Counsel, Kilinski Van Wyk Meredith Hammock by Zoom	District Counsel, Kilinski Van Wyk Rey Malave by Zoom	District Engineer, Dewberry
Chace Arrington by Zoom	District Engineer, Dewberry
Joey Duncan by Zoom	District Engineer, Dewberry

The following is a summary of the discussions and actions taken at the April 1, 2025 Hamilton Bluff Community Development District’s Regular Board of Supervisor’s Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order at 9:47 a.m. and called roll. Three Supervisors were in attendance constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
There were no public members present at the meeting or via Zoom.

THIRD ORDER OF BUSINESS	Approval of Minutes of the February 4,
2025, Board of Supervisors Meeting

Ms. Burns presented the minutes from the February 4, 2025, Board of Supervisors meeting. She asked for any questions, comments, or corrections to the minutes. The Board had no changes to the minutes.

On MOTION by Ms. Roden, seconded by Ms. Henley, with all in favor, the Minutes from the February 4, 2025 Board of Supervisors Meeting, were approved.

FOURTH ORDER OF BUSINESS	Public Hearings
Public Hearing on the Imposition of Special Assessments on Boundary Amendment Lands
Ms. Burns asked for a motion to open the public hearing. She stated that the public hearing had been advertised in the paper and a mailed notice was sent to property owners within the area. Ms. Burns noted that they had their presentation of the amended and restated engineer's report that had been revised on January 28, 2025. Ms. Burns stated that she would turn it over to Mr. Malave.

On MOTION by Ms. Roden, seconded by Ms. Cassidy, with all in favor, Opening the Public Hearing, was approved.

Presentation of Amended and Restated Engineer’s Report Revised January 28, 2025
Mr. Malave stated that this was their Engineer’s report, which had been amended and restated as described in the first exhibits and table. Mr. Malave stated they had a total number of units of 3,088, with the acreage shown in Table 2. In addition to all the permits that had been obtained and the cost estimate, which was for all the improvements as shown in Table 9, that was broken down by the existing Phases and the expansion Phases for each one, with a total for all of them being $148,421,578 for all the developments. He added that they believed those costs were adequate to build the infrastructure as described, and they submitted their revised engineer's report. Mr. Malave said that he could answer questions that anyone might have.
Mr. Van Wyk stated that they had discussed the increase to Hamilton Bluff Phase 3 at the last meeting. He inquired if the chart reflected the increased costs associated with Phase 3 and the Overlook and Brook Hollow cost estimates.

Mr. Malave stated that it was correct, then noted that Phase One and Phase Two were the same as they were initially. He added that they had not altered those.
Mr. Van Wyk asked if the costs outlined for Phase Three and the two new Phases were reasonable for the type of improvements they expected within the District. Mr. Malave stated that it was correct. Mr. Van Wyk asked if they believed there was no reason they couldn’t make the improvements outlined in their report. Mr. Malave answered no.

On MOTION by Ms. Roden, seconded by Ms. Henley, with all in favor, the Amended and Restated Engineer’s Report Revised January 28, 2025, was approved.

Presentation of Amended and Restated Master Assessment Methodology Report dated February 4, 2025
Ms. Burns stated that these allocated benefits were to the properties outlined in the capital improvement plan. She added that the costs for Phase Three and the Boundary Amendment parcels had increased. She noted that it would be supplemental with one or more supplemental assessment methodologies when they issued each series of bonds. Ms. Burns stated she would review the tables. She noted that Table One showed their development plan and outlined the number of units in those Phases. She added that Phase One and Phase Two had not changed. She noted that with Phase Three there were 40 foot and 50 foot lots in Overlook and Brook Hollow, which had a total of 2,318 units in that area. Ms. Burns stated that Table Two showed the cost estimate from the Engineer’s Report. He added that they had the total for the expansion area at $101,601,771, and then in Phase Three, the increased cost was $25,329,439. Ms. Burns noted that Table Three had shown an estimated bond sizing for Phase Three and the expansion of $162,170,000. Ms. Burns said the combined total of Phase One and Two hadn’t changed. She stated that Table Four showed the improvement cost per unit, and Table Five showed the price per unit on the produced types within Phase Three, the expansion area for the 40-foot lot, was $63,274. Ms. Burns noted that a single-family 50-foot lot was $79,092, the maximum debt they could issue on those product types. Ms. Burns stated that Table Six showed the net and gross annual debt assessment per unit. She noted again that Phase One and Phase Two had not changed. Phase Three in the expansion area, the yearly gross debt assessment on the 40-foot lot would be $4,943, considering that the collection class and early payment discounts should be regarded as when collected on the Polk County tax

bill. Then, she added that the 50-foot lot would cost $6,178.00 annually. Table Seven showed the preliminary assessment roll, which was broken out, separating Phase One and Phase Two, with Phase Three in the expansion area, where all the property owners who had received the mail notice for the hearing they had that day.
Mr. Van Wyk asked whether it was in Ms. Burns’s opinion that the benefit received by the parcels was equal to or less than the burden placed on the parcels by the assessments. Ms. Burns answered yes. Mr. Van Wyk asked if it was Ms. Burns’s opinion that the assessments were fair and reasonable. Ms. Burns answered that they were.

On MOTION by Ms. Schwenk, seconded by Ms. Cassidy, with all in favor, the Amended and Restated Master Assessment Methodology Report dated February 4, 2025, was approved.

Consideration of Resolution 2025-06 Levying Special Assessments on Boundary Amendment Lands
Ms. Burns stated that this would levy assessments on boundary amendment lands and Phase Three, which had been included in the notice, with the increased amount. Mr. Van Wyk noted that that was correct.

On MOTION by Ms. Henley, seconded by Ms. Roden, with all in favor, Resolution 2025-06 Levying Special Assessments on Boundary Amendment Lands was approved.

Consideration of Amended and Restated Notice of Master Assessments
Ms. Burns stated that this would be recorded in the county record so that there would be a notice of the assessment lien placed on the property. Ms. Burns asked for a motion, then there was a second, and the motion passed.

On MOTION by Ms. Henley, seconded by Ms. Cassidy, with all in favor, the Amended and Restated Notice of Master Assessments, was approved.

Ms. Burns requested a motion to close the public hearing on imposing special assessments.

On MOTION by Ms. Roden, seconded by Ms. Cassidy, with all in favor, Closing the Public Hearing, was approved.

Public Hearing on the District's Use of the Uniform Method of Levying, Collection & Enforcement of Non-Ad Valorem Assessments on Boundary Amendment Parcels Ms. Burns stated that this public hearing had been advertised in the paper. She asked for a
motion to open the public hearing.

On MOTION by Ms. Roden, seconded by Ms. Cassidy, with all in favor, Opening the Public Hearing, was approved.

Consideration of Resolution 2025-07 Expressing the District’s Intent to Utilize the Uniform Method of Collection on Boundary Amendment Lands
Ms. Burns stated they had already gone through the process for all the lands currently in the District. Therefore, adding the parcels would allow us to collect assessments. She noted that this resolution would enable the District to collect assessments on the tax bill in those areas when they are ready to do so.

On MOTION by Ms. Henley, seconded by Ms. Roden, with all in favor, Resolution 2025-07 Expressing the District’s Intent to Utilize the Uniform Method of Collection on Boundary Amendment Lands, was approved.

Ms. Burns asked for a motion to close the public hearing.

On MOTION by Ms. Roden, seconded by Ms. Cassidy, with all in favor, Closing the Public Hearing, was approved.

FIFTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Van Wyk stated that this was a reminder about their training.

Engineer
Mr. Malave had nothing further to report.

District Manager’s Report
Approval of Check Register
Ms. Burns said they would present the preliminary budget at the May meeting. She added that she would have to approve all the check registers included in the package for review. She noted that she would be happy to answer any questions on those. Ms. Burns stated the check register is included in the agenda package for review. She asked for a motion to approve.

On MOTION by Ms. Roden, seconded by Ms. Cassidy, with all in favor, the Check Register, was approved.

Balance Sheet & Income Statement
Ms. Burns noted financial statements are in the agenda package for review. No action is necessary from the Board.

SIXTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

SEVENTH ORDER OF BUSINESS	Supervisors'	Request	and	Audience
Comments
There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment
The meeting was adjourned.

On MOTION by Ms. Roden, seconded by Ms. Cassidy, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

RESOLUTION 2025-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2026; DECLARING SPECIAL ASSESSMENTS TO FUND THE PROPOSED BUDGETS PURSUANT TO CHAPTERS 170, 190 AND 197, FLORIDA STATUTES; SETTING PUBLIC HEARINGS; ADDRESSING PUBLICATION; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Hamilton Bluff Community Development District (“District”) prior to June 15, 2025, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“Fiscal Year 2026”); and

WHEREAS, it is in the best interest of the District to fund the administrative and operations services (together, “Services”) set forth in the Proposed Budget by levy of special assessments pursuant to Chapters 170, 190 and 197, Florida Statutes (“Assessments”), as set forth in the preliminary assessment roll included within the Proposed Budget; and
WHEREAS, the District hereby determines that benefits would accrue to the properties within the District, as outlined within the Proposed Budget, in an amount equal to or in excess of the Assessments, and that such Assessments would be fairly and reasonably allocated as set forth in the Proposed Budget; and

WHEREAS, the Board has considered the Proposed Budget, including the Assessments, and desires to set the required public hearings thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2026 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

DECLARING ASSESSMENTS. Pursuant to Chapters 170, 190 and 197, Florida Statutes, the Assessments shall defray the cost of the Services in the total estimated amounts set forth in the Proposed Budget. The nature of, and plans and specifications for, the Services to be funded by the Assessments are described in the Proposed Budget and in the reports (if any) of the District Engineer, all of which are on file and available for public inspection at the “District’s Office,” c/o Governmental Management Services-CF, LLC, 219 E. Livingston St., Orlando, FL 32801. The Assessments shall be levied within the District on all benefitted lots and lands, and shall be apportioned, all as described in the Proposed Budget and the preliminary assessment roll included therein. The preliminary assessment roll is also on file and available for

public inspection at the District’s Office. The Assessments shall be paid in one or more installments pursuant to a bill issued by the District in November of 2025, and pursuant to Chapter 170, Florida Statutes, or, alternatively, pursuant to the Uniform Method as set forth in Chapter 197, Florida Statutes.
SETTING PUBLIC HEARINGS. Pursuant to Chapters 170, 190, and 197, Florida Statutes, public hearings on the approved Proposed Budget and the Assessments are hereby declared and set for the following date, hour and location:

DATE:	Tuesday, August 5, 2025
HOUR:	9:45 a.m.
LOCATION:	The Cassidy Organization
346 East Central Avenue Winter Haven, Florida 33880

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL
PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to Town of Lake Hamilton and Polk County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 3 and shall remain on the website for at least 45 days.
PUBLICATION OF NOTICE. The District shall cause this Resolution to be published once a week for a period of two weeks in a newspaper of general circulation published in Polk County. Additionally, notice of the public hearings shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect immediately upon
adoption.

[Signature page follows]

PASSED AND ADOPTED THIS 6TH DAY OF MAY 2025.

ATTEST:	HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT

By: 	

Secretary	Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2026

Hamilton Bluff
Community Development District

Proposed Budget
FY2026

Table of Contents

1-2

2-7

8

9-10

General Fund General Fund Narrative Debt Service - Series 2024 Amortization Schedule

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	
Revenues						
Assessments - On Roll	$	555,750	$	84,479	$	311,017	$	395,496	$	648,637	
Boundary Amendment Contributions	$	-	$	34,515	$	-	$	34,515	$	-	
Lot Closings	$	-	$	160,254	$	-	$	160,254	$	-	
Total Revenues	$	555,750	$	279,249	$	311,017	$	590,265	$	648,637	
Expenditures						
General & Administrative
Supervisor Fees	

$	12,000	

$	-	

$	6,000	

$	6,000	

$	12,000	
FICA Expenditures	$	-	$	-	$	459	$	459	$	918	
Engineering	$	10,000	$	2,298	$	5,000	$	7,298	$	10,000	
Attorney	$	25,000	$	13,102	$	12,500	$	25,602	$	25,000	
Annual Audit	$	2,950	$	-	$	3,000	$	3,000	$	3,150	
Assessment Administration	$	5,000	$	-	$	-	$	-	$	5,150	
Arbitrage	$	450	$	-	$	450	$	450	$	450	
Dissemination	$	5,000	$	5,000	$	2,500	$	7,500	$	5,150	
Disclosure Software	$	-	$	-	$	-	$	-	$	2,500	
Trustee Fees	$	4,050	$	-	$	4,050	$	4,050	$	4,500	
Management Fees	$	38,000	$	19,000	$	19,000	$	38,000	$	39,140	
Information Technology	$	1,890	$	945	$	945	$	1,890	$	1,947	
Website Maintenance	$	1,260	$	630	$	630	$	1,260	$	1,298	
Postage & Delivery	$	1,000	$	458	$	500	$	958	$	1,000	
Insurance	$	6,000	$	5,408	$	-	$	5,408	$	7,434	
Copies	$	500	$	15	$	250	$	265	$	500	
Legal Advertising	$	10,000	$	15,595	$	-	$	15,595	$	5,000	
Boundary Amendment Expenses	$	-	$	27,858	$	-	$	27,858	$	-	
Other Current Charges	$	6,850	$	491	$	654	$	1,145	$	2,000	
Property Taxes	$	-	$	6,657	$	-	$	6,657	$	-	
Office Supplies	$	625	$	6	$	313	$	318	$	625	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative:	$	130,750	$	97,637	$	56,251	$	153,888	$	127,937	

Operations & Maintenance						
Field Expenditures
Property Insurance	

$	-	

$	-	

$	-	

$	-	

$	13,500	
Field Management	$	-	$	-	$	-	$	-	$	15,000	
Landscape Maintenance	$	-	$	-	$	-	$	-	$	135,000	
Landscape Replacement	$	-	$	-	$	-	$	-	$	12,000	
Streetlights	$	-	$	-	$	-	$	-	$	55,000	
Electric	$	-	$	-	$	-	$	-	$	1,500	
Water & Sewer	$	-	$	-	$	-	$	-	$	35,000	
Irrigation Repairs	$	-	$	-	$	-	$	-	$	7,500	
General Repairs & Maintenance	$	-	$	-	$	-	$	-	$	12,500	
Field Contingency	$	200,000	$	-	$	-	$	-	$	7,500	
First Quarter Operating Reserve	$	75,000	$	-	$	-	$	-	$	-	
Total Field Expenditures	$	275,000	$	-	$	-	$	-	$	294,500	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Amenity Expenditures Amenity - Electric Amenity - Water Playground Lease Internet
Pest Control Janitorial Service
Amenity Management Security Services
Pool Maintenance
Amenity Repairs & Maintenance Holiday Décor
Contingency

$	-	$
$	-	$
$	100,000	$
$	-	$
$	-	$
$	-	$
$	-	$
$	-	$
$	-	$
$	-	$
$	-	$
$	-	$

-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$
-	$	-	$

-	$	14,500
-	$	5,500
-	$	55,000
-	$	1,600
-	$	1,100
-	$	13,500
-	$	10,000
-	$	24,000
-	$	26,000
-	$	10,000
-	$	7,500
-	$	7,500

Total Amenity Expenditures	$	100,000	$	-	$	-	$	-	$	176,200

Other Expenditures
Capital Reserves

$	-	$

-	$	-	$

-	$	50,000

Total Other Expenditures	$	-	$	-	$	-	$	-	$	50,000

Total Operations & Maintenance:	$	375,000	$	-	$	-	$	-	$	520,700	
					
Total Expenditures	$	505,750	$	97,637	$	56,251	$	153,888	$	648,637	

Excess Revenues/(Expenditures)	$	50,000	$	181,612	$	254,766	$	436,378	$	-

Net Assessments	$648,637	
Add: Discounts & Collections 7%	$48,822	
Gross Assessments	$697,459	

Product Type	Assessable Units	ERU/Unit	Total ERUs	Net Assessment	Net Per Unit	Gross Per Unit	
Phase 1 & 2	770	1.00	770.00	$552,601.26	$717.66	$771.68	
Unplatted - Phase 3	451	0.06	26.04	$18,685.03	$41.43	$44.55	
Unplatted - Overlook	1,657	0.06	95.66	$68,649.86	$41.43	$44.55	
Unplatted - Brook Hollow	210	0.06	12.12	$8,700.34	$41.43	$44.55	
	3088		903.82	$648,636.50			

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all the assessable property within the District in order to pay for operating expenditures during the fiscal year.

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

FICA Expenditures

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration

The District has contracted with Governmental Management Services-Central Florida, LLC to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District has contracted with AMTEC to annually calculate the District’s Arbitrage Rebate Liability on its Series 2024 bond issuance and anticipates this cost with future bond issuances.

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This service is contracted with Governmental Management Services – Central FL LLC for its current Series 2024 bond issuance and anticipated bond issuances.

Disclosure Software

The District has contracted with DTS to provide software platform for filing various reports required in accordance with the Continuing Disclosure Agreements for the various bond issue(s).

Trustee Fees

The District will incur trustee related costs with the issuance of its Series 2024 bond and anticipated issuances with US Bank.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents various cost of information technology with Governmental Management Services–Central Florida, LLC for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

Represents the costs with Governmental Management Services–Central Florida LLC associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverages with Florida Insurance Alliance.

Copies

Printing agenda materials for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Commerce for $175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Expenditures

Property Insurance

The District’s property insurance coverage is provided by the Florida Insurance Alliance (FIA). FIA specializes in providing insurance coverage to governmental agencies.

Field Management

Represents the costs of contracting services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails. Governmental Management Services-Central Florida, LLC, provides these services.

Landscape Maintenance

Represents the estimated maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Streetlights

Represents the cost to maintain streetlights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas. These can include pressure washing, and repairs to fences, monuments, lighting, and other assets.

Field Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Amenity Expenditures

Amenity - Electric

Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Playground Lease

The District will enter into a leasing agreement for playground installed in the community.

Internet

Internet service will be added for use at the Amenity Facilities.

Pest Control

Represents estimated cost for pest control treatments to its amenity facilities.

Janitorial Services

Represents the estimated costs to provide janitorial services weekly and supplies for the District’s amenity facilities.

Amenity Management

Amenity Management provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as-needed basis. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.

Security Services

Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Holiday Décor

Represents the estimated cost of adding holiday décor to the District’s entry monuments.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Expenditures:

Capital Reserves

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.

Community Development District Proposed Budget
Series 2024 Debt Service Fund

	Adopted
Budget	Actuals
Thru	Projected
Next	Projected
Thru	Proposed
Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Assessments	$  1,330,790	$	331,135	$	388,003	$	719,137	$  1,330,790	
Assessments- Lot Closings	$	-	$	611,653	$	-	$	611,653	$	-	
Interest	$	-	$	38,263	$	19,131	$	57,394	$	28,697	
Carry Forward Surplus (1)	$	691,675	$	675,311	$	-	$	675,311	$	538,343	
Total Revenues	$ 2,022,465	$ 1,656,361	$	407,134	$	2,063,495	$ 1,897,830	

Expenditures						
Interest - 11/1	$	672,749	$	672,749	$	-	$	672,749	$	527,113	
Principal - 5/1	$	270,000	$	-	$	270,000	$	270,000	$	280,000	
Interest - 5/1	$	533,458	$	-	$	533,458	$	533,458	$	527,113	
Total Expenditures	$ 1,476,207	$	672,749	$	803,458	$	1,476,207	$ 1,334,225	

Other Sources/(Uses)						
Transfer In/(Out)	$	-	$	(29,815)	$	(19,131)	$	(48,946)	$	-	
Total Other Sources/(Uses)	$	-	$	(29,815)	$	(19,131)	$	(48,946)	$	-	
						
Excess Revenues/(Expenditures)	$	546,258	$	953,797	$	(415,455)	$	538,343	$	563,605	

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Interest - 11/1  $

520,532.50

Product	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit	
Single Family 40'	341	$596,656	$1,749.72	$1,881.42	
Single Family 40' - Meritage	89	$146,827	$1,649.74	$1,773.91	
Single Family 50'	264	$461,927	$1,749.72	$1,881.42	
Single Family 50' - Meritage	76	$125,380	$1,649.74	$1,773.91	
Total	770	$1,330,790			

Date		Balance		Prinicpal			Interest		Total	
										
11/01/25	$	18,895,000.00	$		-	$	527,112.50	$	1,330,570.00	
05/01/26	$	18,895,000.00	$	280,000.00	$	527,112.50			
11/01/26	$	18,615,000.00	$		-	$	520,532.50	$	1,327,645.00	
05/01/27	$	18,615,000.00	$	295,000.00	$	520,532.50			
11/01/27	$	18,320,000.00	$		-	$	513,600.00	$	1,329,132.50	
05/01/28	$	18,320,000.00	$	310,000.00	$	513,600.00			
11/01/28	$	18,010,000.00	$		-	$	506,315.00	$	1,329,915.00	
05/01/29	$	18,010,000.00	$	325,000.00	$	506,315.00			
11/01/29	$	17,685,000.00	$		-	$	498,677.50	$	1,329,992.50	
05/01/30	$	17,685,000.00	$	340,000.00	$	498,677.50			
11/01/30	$	17,345,000.00	$		-	$	490,687.50	$	1,329,365.00	
05/01/31	$	17,345,000.00	$	355,000.00	$	490,687.50			
11/01/31	$	16,990,000.00	$		-	$	482,345.00	$	1,328,032.50	
05/01/32	$	16,990,000.00	$	375,000.00	$	482,345.00			
11/01/32	$	16,615,000.00	$		-	$	472,032.50	$	1,329,377.50	
05/01/33	$	16,615,000.00	$	395,000.00	$	472,032.50			
11/01/33	$	16,220,000.00	$		-	$	461,170.00	$	1,328,202.50	
05/01/34	$	16,220,000.00	$	420,000.00	$	461,170.00			
11/01/34	$	15,800,000.00	$		-	$	449,620.00	$	1,330,790.00	
05/01/35	$	15,800,000.00	$	440,000.00	$	449,620.00			
11/01/35	$	15,360,000.00	$		-	$	437,520.00	$	1,327,140.00	
05/01/36	$	15,360,000.00	$	465,000.00	$	437,520.00			
11/01/36	$	14,895,000.00	$		-	$	424,732.50	$	1,327,252.50	
05/01/37	$	14,895,000.00	$	490,000.00	$	424,732.50			
11/01/37	$	14,405,000.00	$		-	$	411,257.50	$	1,325,990.00	
05/01/38	$	14,405,000.00	$	520,000.00	$	411,257.50			
11/01/38	$	13,885,000.00	$		-	$	396,957.50	$	1,328,215.00	
05/01/39	$	13,885,000.00	$	550,000.00	$	396,957.50			
11/01/39	$	13,335,000.00	$		-	$	381,832.50	$	1,328,790.00	
05/01/40	$	13,335,000.00	$	580,000.00	$	381,832.50			
11/01/40	$	12,755,000.00	$		-	$	365,882.50	$	1,327,715.00	
05/01/41	$	12,755,000.00	$	615,000.00	$	365,882.50			
11/01/41	$	10,805,000.00	$		-	$	348,970.00	$	1,329,852.50	
05/01/42	$	10,080,000.00	$	650,000.00	$	348,970.00			
11/01/42	$	10,080,000.00	$		-	$	331,095.00	$	1,330,065.00	
05/01/43	$	10,080,000.00	$	685,000.00	$	331,095.00			
11/01/43	$	10,080,000.00	$		-	$	312,257.50	$	1,328,352.50	
05/01/44	$	10,080,000.00	$	725,000.00	$	312,257.50			
11/01/44	$	10,080,000.00	$		-	$	292,320.00	$	1,329,577.50	
05/01/45	$	10,080,000.00	$	765,000.00	$	292,320.00			
11/01/45	$	9,315,000.00	$		-	$	270,135.00	$	1,327,455.00	
05/01/46	$	9,315,000.00	$	810,000.00	$	270,135.00			

Date		Balance		Prinicpal		Interest		Total	

11/01/46	
$	
8,505,000.00	
$	
-	
$	
246,645.00	
$	
1,326,780.00	
05/01/47	$	8,505,000.00	$	860,000.00	$	246,645.00			
11/01/47	$	7,645,000.00	$	-	$	221,705.00	$	1,328,350.00	
05/01/48	$	7,645,000.00	$	910,000.00	$	221,705.00			
11/01/48	$	6,735,000.00	$	-	$	195,315.00	$	1,327,020.00	
05/01/49	$	6,735,000.00	$	965,000.00	$	195,315.00			
11/01/49	$	5,770,000.00	$	-	$	167,330.00	$	1,327,645.00	
05/01/50	$	5,770,000.00	$	1,025,000.00	$	167,330.00			
11/01/50	$	4,745,000.00	$	-	$	137,605.00	$	1,329,935.00	
05/01/51	$	3,660,000.00	$	1,085,000.00	$	137,605.00			
11/01/51	$	3,660,000.00	$	-	$	106,140.00	$	1,328,745.00	
05/01/52	$	2,510,000.00	$	1,150,000.00	$	106,140.00			
11/01/52	$	2,510,000.00	$	-	$	72,790.00	$	1,328,930.00	
05/01/53	$	1,290,000.00	$	1,220,000.00	$	72,790.00			
11/01/53	$	1,290,000.00	$	-	$	37,410.00	$	1,330,200.00	
05/01/54	$	-	$	1,290,000.00	$	37,410.00	$	1,327,410.00	
			$	18,895,000.00	$	20,159,985.00	$	39,858,442.50	

Section V

Section C

Section 1

Hamilton Bluff Community Development District

Summary of Checks

March 25, 2025 to April 28, 2025

Bank	Date	Check No.'s		Amount	

General Fund					
	3/26/25	232	$	3,566.25	
	3/27/25	233	$	238,000.00	
	3/31/25	234	$	347.50	
	4/1/25	235	$	55,892.24	
	4/8/25	236	$	14,558.44	
	4/15/25	237	$	17,031.52	
	4/21/25	238-239	$	6,396.95	
	4/25/25	240-242	$	116,857.70	
		Total	$	452,650.60	
Supervisor Fees					
		February 2025					
	Emily J Cassidy	50000	$	184.70	
	Bobbie J Henley	50001	$	184.70	
	Lindsey E Roden	50002	$	184.70	
	Lauren O Schwenk	50003	$	184.70	
		Total	$	738.80	
		April 2025					
	Emily J Cassidy	50004	$	184.70	
	Bobbie J Henley	50005	$	184.70	
	Lindsey E Roden	50006	$	184.70	
	Lauren O Schwenk	50007	$	184.70	
			$	738.80	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/30/25	PAGE	1
*** CHECK DATES 03/25/2025 - 04/28/2025 ***	GENERAL FUND-HAMILTON BLUFF
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/26/25 00014	3/18/25 11711	202502 310-51300-31500	*	3,566.25
GENERAL COUNSEL - FEB 25
KILINSKI VAN WYK PLLC	3,566.25 000232
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/27/25 00034	3/07/25 220569	202503 300-20700-10200	*	238,000.00
031 FR#21
GREENLAND SERVICES LLC	238,000.00 000233
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/31/25 00007	3/17/25 22440706 202502 310-51300-31100	*	347.50
ENGINEER SERVICES FEB25
DEWBERRY ENGINEERS INC.	347.50 000234
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/01/25 00021	2/25/25 PAYAPP#1 202503 300-20700-10200	*	55,892.24
031 FR#22
TUCKER PAVING, INC.	55,892.24 000235
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/08/25 00016	4/01/25 00070378 202503 310-51300-48000	*	12,773.44
NOTICE OF PUBLIC HEARING
4/01/25 00070378 202503 310-51300-48000	*	1,785.00
NOTICE OF PUBLIC HEARING
GANNETT FLORIDA LOCALIQ	14,558.44 000236
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/15/25 00018	2/28/25 022426	202504 300-20700-10200	*	17,031.52
031 FR#23
ABSOLUTE ENGINEERING, INC.	17,031.52 000237

4/21/25	00001	4/01/25	
		4/01/25	
		4/01/25	
		4/01/25	
		4/01/25	
		4/01/25	
- - - - - - - - - - -
4/21/25 00014	4/12/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
44	202504 310-51300-34000	*	3,166.67
MANAGEMENT FEES - APR 25
44	202504 310-51300-35200	*	105.00
WEBSITE ADMIN - APR 25
44	202504 310-51300-35100	*	157.50
INFORMATION TECH - APR 25
44	202504 310-51300-31300	*	416.67

310-51300-51000	*	2.56	
310-51300-42000	*	138.05	

DISSEMINATION - APR 25
44	202504
OFFICE SUPPLIES
44	202504
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES-CF	3,986.45 000238
-	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11967	202503 310-51300-31500	*	2,410.50
GENERAL COUNSEL - MAR 25
KILINSKI VAN WYK PLLC	2,410.50 000239
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/25/25 00018	3/31/25 022443	202504 300-20700-10200	*	6,182.07
031 FR#24
ABSOLUTE ENGINEERING, INC.	6,182.07 000240
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HAMB HAMILTON BLUFF BOH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/30/25	PAGE	2
*** CHECK DATES 03/25/2025 - 04/28/2025 ***	GENERAL FUND-HAMILTON BLUFF

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK..... AMOUNT	#	
4/25/25 00021	3/25/25 PAYAPP#1 202504 300-20700-10200	*
TUCKER PAVING, INC.		75,569.63	
75,569.63 000241	
- - - - - - - - 4/25/25 00032	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/31/25 00917732 202504 300-20700-10200	*
UNIVERSAL ENGINEERING SCIENCES	- - - -	- - - - - -	- - - - - - - -

35,106.00 000242	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - -	- - - - - -	- - - - - - - -	
	TOTAL FOR BANK A		452,650.60		
	TOTAL FOR REGISTER		452,650.60		

BANK A GENERAL FUND

031 FR#24

031 FR#24

35,106.00

HAMB HAMILTON BLUFF BOH

Section 2

Hamilton Bluff
Community Development District

Unaudited Financial Reporting
March 31, 2025

Table of Contents

	Balance Sheet

	General Fund

	Series 2024 Debt Service Fund

	Series 2024 Capital Projects Fund

	Month to Month

	Long Term Debt Report

	Assessment Receipt Schedule

Combined Balance Sheet March 31, 2025

General
Fund

Debt Service
Fund

Capital Projects
Fund

Totals
Governmental Funds

Assets:
Cash:
Operating Account Investments:
Series 2024 Construction Interest

$	332,258	$

$	-	$
$	-	$

$

$
96	$

960

$	332,258

$	960
$	96

Reserve Revenue

$	-	$
$	-	$

1,330,790	$
953,701	$

-	$	1,330,790
-	$	953,701

Total Assets

$

332,258

$

2,284,587

$

960

$

2,617,805

Liabilities: Accounts Payable Retainage Payable

$	79,027	$
$	-	$

-	$	-
-	$	749,958

$	79,027
$	749,958

Total Liabilites

$

79,027

$

-

$

749,958

$

828,985

Fund Balance:
Restricted For:
Debt Service - Series 2024 Capital Projects - Series 2024
Unassigned

$	-
$	-
$	253,230

$	2,284,587
$	-
$	-

$	-
$	(748,998)
$	-

$	2,284,587
$	(748,998)
$	253,230

Total Fund Balances

$

253,230

$

2,284,587

$

(748,998)

$

1,788,820

Total Liabilities & Fund Balance

$

332,258

$

2,284,587

$

960

$

2,617,805

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues:		
Assessments - Direct	$	555,750	$	84,479	$	84,479	$	-	
Assessments - Lot Closings	$	-	$	-	$	160,254	$	160,254	
Boundary Amendment Contributions	$	-	$	-	$	34,515	$	34,515	
Total Revenues	$	555,750	$	84,479	$	279,249	$	194,769	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	6,000	$	-	$	6,000	
Engineering	$	10,000	$	5,000	$	2,298	$	2,703	
Attorney	$	25,000	$	12,500	$	13,102	$	(602)	
Annual Audit	$	2,950	$	-	$	-	$	-	
Assessment Administration	$	5,000	$	5,000	$	-	$	5,000	
Arbitrage	$	450	$	-	$	-	$	-	
Dissemination	$	5,000	$	5,000	$	5,000	$	-	
Trustee Fees	$	4,050	$	-	$	-	$	-	
Management Fees	$	38,000	$	19,000	$	19,000	$	-	
Information Technology	$	1,890	$	945	$	945	$	-	
Website Maintenance	$	1,260	$	630	$	630	$	-	
Postage & Delivery	$	1,000	$	500	$	458	$	42	
Insurance	$	6,000	$	6,000	$	5,408	$	592	
Copies	$	500	$	250	$	15	$	235	
Legal Advertising	$	10,000	$	5,000	$	15,595	$	(10,595)	
Boundary Amendment Expenses	$	-	$	-	$	27,858	$	(27,858)	
Other Current Charges	$	6,850	$	3,425	$	491	$	2,934	
Property Taxes	$	-	$	-	$	6,657	$	(6,657)	
Office Supplies	$	625	$	313	$	6	$	307	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	130,750	$	69,738	$	97,637	$	(27,900)	

Operations & Maintenance
Playground Lease	

$	100,000	

$	50,000	

$	-	

$	50,000	
Field Contingency	$	250,000	$	125,000	$	-	$	125,000	
First Quarter Operating Reserve	$	75,000	$	-	$	-	$	-	
Total Operations & Maintenance	$	425,000	$	175,000	$	-	$	175,000	
					
Total Expenditures	$	555,750	$	244,738	$	97,637	$	147,100	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	181,612		
					
Fund Balance - Beginning	$	-		$	71,619		
					
Fund Balance - Ending	$	-		$	253,230		

	Adopted	Projected Budget	Actual		
	Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues:					
Assessments - Direct	$	1,330,790	$	331,135	$	331,135	$	-	
Assessments - Lot Closings	$	-	$	-	$	611,653	$	(611,653)	
Interest	$	-	$	-	$	38,263	$	(38,263)	
Total Revenues	$	1,330,790	$	331,135	$	981,050	$	(649,916)	

Expenditures:					
Interest - 11/1	$	672,749	$	672,749	$	672,749	$	-	
Principal - 5/1	$	270,000	$	-	$	-	$	-	
Interest - 5/1	$	533,458	$	-	$	-	$	-	
Total Expenditures	$	1,476,207	$	672,749	$	672,749	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	(145,417)	$	(341,615)	$	308,301	$	(649,916)	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	(29,815)	$	29,815	
Total Other Financing Sources/(Uses)	$	-		$	(29,815)		
					
Net Change in Fund Balance	$	(145,417)		$	278,487		
					
Fund Balance - Beginning	$	691,675		$	2,006,101		
					
Fund Balance - Ending	$	546,258		$	2,284,587		

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues		
Developer Contributions	$	-	$	-	$	3,145,900	$	3,145,900	
Interest	$	-	$	-	$	2,434	$	2,434	
Total Revenues	$	-	$	-	$	3,148,334	$	3,148,334	

Expenditures:					
Capital Outlay	$	-	$	-	$	3,607,186	$	(3,607,186)	
Total Expenditures	$	-	$	-	$	3,607,186	$	(3,607,186)	
					
Excess (Deficiency) of Revenues over Expenditure	$	-	$	(458,853)		

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	29,815	$	29,815	
Total Other Financing Sources (Uses)	$	-	$	-	$	29,815	$	29,815	
					
Net Change in Fund Balance	$	-	$	(429,038)		
					
Fund Balance - Beginning	$	-	$	(319,959)		
					
Fund Balance - Ending	$	-	$	(748,998)		

Hamilton Bluff
Community Development District Month to Month

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

Revenues:														
Assessments - Direct	$	33,702	$	33,926	$	-	$	-	$	16,851	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	84,479	
Assessments - Lot Closings	$	-	$	-	$	118,293	$	-	$	-	$	41,961	$	-	$	-	$	-	$	-	$	-	$	-	$  160,254	
Boundary Amendment Contributions	$	-	$	-	$	6,657	$	11,436	$	10,256	$	6,166	$	-	$	-	$	-	$	-	$	-	$	-	$	34,515	
Total Revenues	$	33,702	$	33,926	$	124,951	$	11,436	$	27,107	$	48,127	$	-	$	-	$	-	$	-	$	-	$	-	$  279,249	

Expenditures:								
General & Administrative:								
Supervisor Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
Engineering	$	-	$	-	$	1,950	$	-	$	348	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	2,298	
Attorney	$	1,419	$	523	$	201	$	4,983	$	3,566	$	2,411	$	-  $	-  $	-  $	-  $	-  $	-  $	13,102	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
Assessment Administration	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
Dissemination	$	2,917	$	417	$	417	$	417	$	417	$	417	$	-  $	-  $	-  $	-  $	-  $	-  $	5,000	
Trustee Fees	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
Management Fees	$	3,167	$	3,167	$	3,167	$	3,167	$	3,167	$	3,167	$	-  $	-  $	-  $	-  $	-  $	-  $	19,000	
Information Technology	$	158	$	158	$	158	$	158	$	158	$	158	$	-  $	-  $	-  $	-  $	-  $	-  $	945	
Website Maintenance	$	105	$	105	$	105	$	105	$	105	$	105	$	-  $	-  $	-  $	-  $	-  $	-  $	630	
Postage & Delivery	$	70	$	1	$	62	$	69	$	102	$	154	$	-  $	-  $	-  $	-  $	-  $	-  $	458	
Insurance	$	5,408	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	5,408	
Copies	$	-	$	-	$	-	$	-	$	-	$	15	$	-  $	-  $	-  $	-  $	-  $	-  $	15	
Legal Advertising	$	1,037	$	-	$	-	$	-	$	-	$	14,558	$	-  $	-  $	-  $	-  $	-  $	-  $	15,595	
Boundary Amendment Expenses	$	7,742	$	6,459	$	7,491	$	6,166	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	27,858	
Other Current Charges	$	63	$	84	$	63	$	85	$	87	$	109	$	-  $	-  $	-  $	-  $	-  $	-  $	491	
Property Taxes	$	-	$	6,657	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	6,657	
Office Supplies	$	3	$	0	$	-	$	0	$	0	$	3	$	-  $	-  $	-  $	-  $	-  $	-  $	6	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative	$	22,262	$	17,569	$	13,612	$	15,149	$	7,950	$	21,095	$	-  $	-  $	-  $	-  $	-  $	-  $	97,637	

Operations & Maintenance
Playground Lease	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-  $	-  $	-  $	-  $	-  $	-  $	-	
Field Contingency	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
First Quarter Operating Reserve	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
Total Operations & Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-	
								
Total Expenditures	$	22,262	$	17,569	$	13,612	$	15,149	$	7,950	$	21,095	$	-  $	-  $	-  $	-  $	-  $	-  $	97,637	
								
Excess (Deficiency) of Revenues over Expenditures	$	11,441	$	16,356	$	111,338	$	(3,713)	$	19,158	$	27,031	$	-  $	-  $	-  $	-  $	-  $	-  $  181,612	

Hamilton Bluff
Community Development District Long Term Debt Report

Series 2024, Special Assessment Revenue Bonds	
Interest Rate:	4.700%, 5.500%, 5.800%%	
Maturity Date:	5/1/2054	
Reserve Fund Definition	Maximum Annual Debt Service	
Reserve Fund Requirement	$1,330,790	
Reserve Fund Balance	$1,330,790	
Bonds Outstanding - 3/14/24	$19,165,000	
Current Bonds Outstanding	$19,165,000	

Hamilton Bluff
Community Development District Special Assessment Receipts Fiscal Year 2025

DIRECT BILL ASSESSMENTS

GLK Realm Estate LLC 2025-01		
Net Assessments	
$1,221,118.67	
$420,493.83	
$800,624.84	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Amt Received
General Fund	Amt Received
Debt Svc Series 2024	
11/1/24	$210,246.92				
2/1/25	$105,123.46				
3/15/25	$552,431.14				
5/1/25	$105,123.46				
9/15/25	$248,193.70				
	$ 1,221,118.68	$	-	$	-	$	-	

Lennar Homes LLC 2025-02			
Net Assessments	
$331,612.61	
$67,404.89	
$264,207.72	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Amt Received
General Fund	Amt Received
Debt Svc Series 2024	
10/30/24	11/1/24	2329716	$165,806.31	$165,806.31	$33,702.45	$132,103.86	
2/12/25	2/1/25	2383704	$82,903.15	$82,903.15	$16,851.22	$66,051.93	
	5/1/25		$82,903.15				
			$	331,612.61	$	248,709.46	$	50,553.67	$	198,155.79	

DRB Group Florida, Inc. 2025-03		
Net Assessments	
$333,808.72	
$67,851.28	
$265,957.44	
Date
Received	Due
Date	Check
Number	Net
Assessed	Amount
Received	Amt Received
General Fund	Amt Received
Debt Svc Series 2024	
11/6/24	11/1/24	DRBFL-00000968	$166,904.36	$166,904.36	$33,925.64	$132,978.72	
	2/1/25		$83,452.18				
	5/1/25		$83,452.18				
			$	333,808.72	$	166,904.36	$	33,925.64	$	132,978.72	

Section 3

Melony Bell
Supervisor of Elections�	
• •	•	• • •

April 22, 2025

Samantha Ham - Recording Secretary Hamilton Bluff CDD
219 E. Livingston Street Orlando, Florida 32801-1508

RE: Hamilton Bluff Community Development District Registered Voters

Dear Ms. Ham,

In response to your request, there are currently O voters within the Hamilton Bluff Community Development District as of April 15, 2025.

Please do not hesitate to contact us if we can be of further assistance.

Sincerely,

��'i'Y,-�

Melony M. Bell Supervisor of Elections Polk County, Florida

P.O. Box 1460, Bartow, FL 33831 • Phone: (863) 534-5888
PolkElections.gov

Para asistencia en Espanol, por favor de llamar al (863) 534-5888