Lake Ashton II Community Development District
Meeting March 18, 2022

AGENDA

Lake Ashton II
Community Development District

4648 Eagle Falls Place, Tampa, FL 33619 Phone: 813-344-4844

March 11, 2022

Board of Supervisors Lake Ashton II
Community Development District

Dear Board Members:

A workshop and regular meeting of the Board of Supervisors of the Lake Ashton II Community Development District will be held Friday, March 18, 2022 at 9:00 AM at 6052 Pebble Beach Blvd., Winter Haven, FL 33884. The workshop will begin at 9:00 a.m. and will be immediately followed by a meeting of the Board of Supervisors.

Members of the public may attend and participate in the meeting utilizing the following options from your computer, tablet or smartphone. To participate using video, please go to the link address below. To participate by telephone, please use the call-in number below and enter the Meeting ID when prompted. Members of the public are further encouraged to submit comments or questions in advance of the meeting by email to jgreenwood@gmstnn.com up until 2:00 PM on Wednesday, March 16, 2022.

Zoom Video Link: https://us06web.zoom.us/j/87086582526
Zoom Call-In Information: 1-646-876-9923
Meeting ID: 870 8658 2526
Following is the advance agenda for the meetings:

Workshop Meeting

Roll Call and Pledge of Allegiance
Resident Questions and Comments (Residents will have 3 minutes to ask questions of Board and Staff Regarding Workshop Items Only)
Discussion Regarding Planning & Budgeting for Fiscal Year 2022/2023
Wetland Project
Pebble Beach Dog Park
Wing Foot Dog Park
Rayl Engineering
Roads
Cart Paths

Bridges
Fox Hollow
Wetland Maintenance
Prince & Sons
Hedges
Pickleball Courts
End of Year Projects
Discussion Regarding Memorial Project (requested by Supervisor Littlewood)
Amenity Policy Status (requested by Supervisor Zelazny)
Adjournment

Board of Supervisors Meeting

Roll Call and Pledge of Allegiance
Approval of Meeting Agenda
Public Comments on Specific Items on the  Agenda  (the  District Manager  will read  any questions or comments received from members of the public in advance of the meeting; we ask those members of the public wanting to address the Board directly, first state his or her name and his or her address.1)
Approval of Minutes of February 18, 2022 Board of Supervisors Meeting
Golf Course Update from Indigo Golf
Engineering Staff Report
Unfinished Business
A. Discussion Regarding Wetlands Project (requested by Supervisor Mecsics)
New Business
Consideration of Resolution 2022-13 Ratification of the Series 2022 Bonds
Consideration of License Agreement Regarding Equipment Storage on District Property (to be provided under separate cover)
Consideration of Lease Agreement for Office Space between Lake Ashton II Community Development District & Select Rehabilitation, LLC (to be provided under separate cover)
Consideration of Letters in Support of Transportation Improvements (to be provided under separate cover)
Discussion of Tropical Temptations Maintenance Quote (requested by Supervisor McKie)
Staff Reports
Attorney
Lake Ashton II Community Director

1 All comments, including those read by the District Manager, will be limited to three (3) minutes

District Manager’s Report
Financial Report
Approval of Check Register
Combined Balance Sheet
Special Assessment Receipts Schedule
Supervisors Requests
Public Comments
Adjournment

WORKSHOP

SECTION III

Strategic Planning Workbook

August 2021
Lake Ashton CDD II

What is Strategic Planning?

Strategic planning is an organizational activity that sets priorities, focuses energy and resources, and strengthens operations to ensure employees and other stakeholders are working toward common goals. Effective strategic planning articulates not only where the College is going and the actions needed to make progress, but also how it will know if it is successful.

Strategic Plan – a document used to communicate with the larger community the organization’s goals, the actions needed to achieve those goals, and how to determine if the goals have been achieved.

Components of a strategic plan
Mission, vision, and aspirations
Core values
Strengths, weaknesses, opportunities, threats (SWOT)
Objectives, strategies, and operational tactics
Measurements and funding streams

Every area of the organization should see themselves in the strategic plan.
Strategic plans consist of a 3 to 5 organization-level, long-term goals, 2-3 unit-level yearly objectives and a set of department-level action plans to achieve the objectives and ultimately the goals.
Goals should be SMART (significant, measurable, attainable, reasonable, timely).
The strategic plan should be evaluated annually, and a report created that outlines the progress each department has attained on their unit goals.

Strategic Plan (Example of goals, objectives, and action plans)
Goal: To increase the CDD II’s annual budget by 5% by the end of the FY 2025-2026 to meet the needs of future growth.
Finance Unit Objective: To procure at least one external funding source to support continued investment in existing and to add new amenities.
Action Steps: 1. Review CDD statue to ensure all rules and requirements are followed when securing outside funding.
Create a workgroup to identify potential funding sources.
Submit at least 3 funding requests.
Golf Course Unit Objective: To increase golf memberships by 2% this year.
Action Steps: 1. Review current golf memberships to identify any patterns or areas where we are missing a niche.
Compare current membership rates with other like communities and local public courses.
Review and evaluate a proposal to make the golf course open to non-residents.

How did we get to where we are now?
What are some of the most defining moments of the past 2-3 years?

What are our biggest wins? Any loses?

What do you want to celebrate?

Trends
What is happening in the world around us that is going to shape the future environment of our community?
Political

Economical

Social

Technological

Legal

Environmental

Mission Statement – a formal summary of the purpose and values of a company, organization or individual.
Components of a Mission Statement
Customers
Products
Markets
Technology
Survival, growth, and profitability
Philosophy
Self-concept
Concern for public image
Concern for employees

A mission statement addresses the goals and objectives of the organization in 3 to 5 lines. A mission statement should be simple, compelling, measurable, and continuously relevant.

What is the purpose of the CDD?
Who are we? (How would you describe the CDD?) What do we do?
Who do we do it for?

Mission Statement (Example)
Lake Ashton Community Development District (CDD) II is a local unit of special-purpose government for the town of Winter Haven. The Lake Ashton CDD II, was established by its developer as a cost- effective way of financing the initial infrastructure and services to support the development of the Lake Ashton Community. The mission of the Lake Ashton CDD ii is to provide responsible and effective leadership that protects the safety and preserves the quality of live for the residents of Lake Ashton as sanctioned under F.S. 190.002(c).

Vision Statement – describes what a organization desires to achieve in the long-run, generally in a time frame of 5 to 10 years. It draws a picture of what the organization will look like when the mission is fulfilled. A Vision Statement defines the planning and execution of organizational-level strategies.
Components of a Vision Statement
Future-oriented
Reflects the organization’s values
Sets standards for excellence
Clarifies the organization’s purpose and direction
Inspires enthusiasm and commitment
Reflects the uniqueness of the organization
Is ambitious

A vision statement is only one sentence that is compelling and full of energy.

Vision Statement (Example)
To make the Lake Ashton Community a preferred, fiscally responsible, active adult residential community.

Core Values – are what support the vision and shape the culture and reflect what the organization values. Core values are the organizations principles, beliefs, or philosophy of values.

Core values:
Help organization in the decision-making processes
Educates client and potential customers about the organization and clarifies the identity of the organization.
Used as recruiting and retention tools.

Current Values/Behaviors	Desired Values/Behaviors	

Core values should be limited to five.

Core Values (Examples) Hospitality Innovation/Creativity Stewardship
Har Work Accountability Teamwork Service Integrity Diversity Leadership

Goal Setting and Priorities
What are the areas of strategic focus for the next 5 years, what are the key performance indicators (KPIs), and how do we measure success on the unit and departmental levels?

Organizational Goal
#1	Organizational Goal
#2	Organizational Goal
#3	
KPIs:	KPIs:	KPIs:	
Unit Goals:	Unit Goals:	Unit Goals:	
Departmental Action Steps:	Departmental Action Steps:	Departmental Action Steps:	

Notes

SECTION E

. .,._.,..
_      :  -      y  lr.-  -         .,' .	FOX HOLLOW ENTERPRISES, INC
'Fei lh llww 25 JIMMY LEE RD
'E111 iili,'l - WINTER HAVEN, FL 33880
I:

Lake Ashton II COO 6052 Pebble Beach Blvd. Winter Haven, FL

Phone: (863) 967- 5095
foxhollow608@aolcom www.foxhollownurseryandlandscaping.com

ESTIMATE

33884	D.1te	l',tim.1I L' #

2/11/2022	1786A

R.11e

Project: HFC Hedge				
Labor To:				
remove all viburnum along court path & courts				
remove viburnum around pickle ball & tennis courts to walkway into side entrance (but not to				
include along inside of walk-way); viburnwn from outside of rose garden to hot tub				
we would go over again which viburnum would be removed before the work is started				
(the court path would have to be blocked for the day)				
removal & disposal of plant material				
bed would be raked out (not responsible for any broken prinklers)		1,850.00	1,850.00	
Excavator		300.00	300.00	
Disposal		300.00		
Pine Bark (bags) +/­	
90	· ···		
Labor to Spread Pine Bark		(	.,&oo		
				
GENERAL CONDITIONS/TERMS:
A deposit equal to fifty percent (50%) of the total amount, is due at time of sched uling. The balance is due upon completion of work. This estimate includes only the work specified herein. An)' alterations/ deviations requested above  the  quantities and/or scope of work and total price included in this estimate, will be completed at an additional cosL Fox Hollow Enterprises, Inc., shall not be responsible for any damages to existing irrigation and/or utilities, due to this work.	Subtotal	$3,242.50	
	Tax(7,0%)	$0.00	
	Total	$3,242.50	
Fox Hollow Enterprises, Inc., shall complete a clean up and disposal of excess materials and debris directly related to our work. Customer shall be responsible to seal/secure doors, windows, etc Qf needed), to prevent dust from entering interior of home/building.
The customer agrees, that by sii,,ning this estimate, it shall become a lq,>al and binding contract and shall sup<.'tsede any previous agreements, discussed or implied. The customer further agrees to all terms and conditions set forth within and shall be responsible for any/all court and or attorney fees incurred by Fox Hollow Enterprises, Inc.  re  uired to  obtain collection for an v•      rtion of man,e   owed  for material and  or work     rformed b • Fox Hollow Ent	rises  Inc .	

,..,
' .

FOX HOLLOW ENTERPRISES, INC

Phone: (863) %7- 5095

ff x&U 25 JIMMY LEE RD
'Eiitcrpt ,'I• WINTER HAVEN, FL 33880
1..11.....,,.-.Nt. ,

Lake Ashton II COD 6052 Pebble Beach Blvd. Winter Haven, FL

foxhollow608@aol.com www.foxhollownutseryancllandscaping.com

ESTIMATE
. ·- . 

33884

D.itc
--

F rim,11c #	1

-	--	- 

l)i.: criptif m

-

1	-·   -	.	-	.	-	-- 
Project HFC Hedge

Labor To:
remove all viburnum along court path & courts
remove viburnum around pickle ball & tennis courts to walkway into side entrance (but not to include along inside of walkway); viburnum from outside of rose garden to hot tub

we would go over again which viburnum would be removed before the work is started (the court path would have to be blocked for the day)

removal & disposal of plant material
bed would be raked out (not responsible for any broken sprinklers) E xcavator
Disposal

1,850.00

300.00

300.00

1,850.00

300.00

300.00

GENERAL CONDITIONS/TERMS:
A deposit equal to fifty percent (50%) of the total amount, is due at time of scheduling. The balance is due upon completion of work. 1bis estimate includes only the work specified herein. Any altemtions/deviations  requested  above  the quantities and/or scope of work and total price included in this estimate, will be completed at an additional cost Fox Hollow Enterprises, Inc., shall not be responsible for any damages to existing irrigation and/or utilities, due to this work.

Subtotal	$2,450 .00

Tax (7.0%)	$0.00

Total	$2,450.00

Fox Hollow Enterprises, Inc., shall complete a dean up and disposal of excess materials and debris directly related to our work. Customer shall be responsible to
seal/secure doors, windows, etc (if needed), to prevent dust from entering interior of home/building.
The customer agrees, that by sib'fling this estimate, it shall become a legal and binding contract and shall supc:.rsede any previous agreements, discussed or implied. The customer funher agrees to all terms and conditions set forth within and shall be responsible for any/all court and or attorney fees incurred by Fox Hollow Enterprises, Inc.  re, uired to obtain collection for anv	rtion of mone · owed for material and or work rformed b · Fox Hollow Ence  rises Inc.

315 Bath St -Tarpon Springs, FL 34689 (901) 832-2333

Proposal/Contract

To: Lahe Ashston II CDD

For: Resurfacing 4 Pichleball Courts

2/3/2022

SCOPE OF WORK

Clean courts as needed to ensure proper adhesion of materials
Mahe all necessary repairs
Sand repairs to reduce visibility
Apply 2 coats of Acrylic Surfacing Material (in Customer,s choice of color)
Apply regulation lines using textured line paint
Repair/repaint net posts as needed
Clean worR area

TOTAL COST - $7,900
Option- Apply one additional coat of acrylic resurfacer Cost - $2000 Initial ----
Note - Customer will provide new nets, if needed, to be installed at no charge

NOTE FOR SURFACING CONTRACTS: Customer is responsible for providing receptacle for trash disposal. Also, If no parking is available within 50 feet of the court, we will be allowed access to the area next to the court for truck and trailer parking .
WARRANTY: All surfacing is guaranteed for one (1) year against peeling, chalking, or bonding failures. All cracks will reappear on all resurfacing and repairs. There is
no warranty against cracking. Yearly maintenance is highly recommended to maintain minimal cracking.
DISCLAIMERS FOR EXISTING COURTS: The new surface will NOT improve the drainage of an existing court . "Bird Baths" are to be patched only as specified. There is no guarantee that there will be NO standing water on the court after new surface is complete. Any problems in the new surface caused by cracks in the slab or other problems with the existing slab are not covered in the warranty.
Also, any problems caused by an old surface coating will not be covered under warranty .

Date of Acceptance:	 	
By : ---------------	Respectfully Submitted: °B>CIYY	Peebles

References:

Bruce Rhem - Homeowner New Port Richey
727-741-3684

Robert Childs - ParR Director Germantown, TN
901-233-0843

Dale Jordan - Teaching Pro Tournament Players Club Memphis, TN
901-488-4482

Chris Hoban - Parl:? Director Dunedin, FL
727-433-1583

Dan Peterson - Owner Project Bacl:?board 512-492-2062

Hannah Hunter - Owner Swishh Dreams
407-607-8947

James Bollinger Homeowner Brandon, FL 813-727-9456

Chris Hill
Project Manager -Blacl:? Roel:? Asphalt
813-505-8163

NicR Tzigos - Maintenance Supervisor Safety Harbor, FL
727-423-9239

Jeff Nichols - Owner American Tennis Courts Mobile, AL
251-583-7264

Kevin Masserian
Project Mgr - Commercial Interiors
727-686-9616

Josh DeSoto
Regional Sales/SportMaster
419-357-2041

John Sonner - Project Manager Fast - Dry Courts
Pompano Beach, FL
954-553-2269

NOTE FOR SURFACING CONTRACTS: Customer is responsible for providing receptacle for trash disposal. Also, If no parking is available within 50 feet of the court, we will be allowed access to the area next to the court for truck and trailer parking.
WARRANTY: All surfacing is guaranteed for one (1) year against peeling, chalking, or bonding failures. All cracks will reappear on all resurfacing and repairs. There is no warrant y against crackin g. Yearly maintenance is highly recommended to maintain minimal cracking.
DISCLAIMERS FOR EXISTING COURTS: The new surface will NOT improve the drainage of an existing court. "Bird Baths" are to be patched only as specified. There is no guarantee that there will be NO sta nding water on the court after new sur face is complete. Any problems in the new surface caused by cracks in the slab or other problems with the existing slab are not covered in the warranty.
Also, any problems caused by an old surface coating will not be covered under warranty.

Date of Acceptance:	 	
By: - - - - - - - - - - - - - -	Respectfully Submitted: "B.CHY	Peebles.

NOTE FOR SURFACING CONTRACTS: Customer is responsible for providing receptacle for trash disposal. Also, If no parking is available within 50 feet of the court, we will beallowed access to the area next to the court for truck and trailer parking .
WARRANTY: All surfacing is guaranteed for one (1) year against peeling, chalking, or bonding failures. All cracks will reappear on all resurfacing and repairs. There is
no warranty against cracking. Yearly maintenance is highly recommended to maintain minimal cracking.
DISCLAIMERS FOR EXISTING COURTS: The new surface will NOT improve the drainage of an existing court. "Bird Baths" are to be patched only as spec ified . There is no guarantee that there will be NO standing water on the court after new surface is complete. Any problems in the new surface caused by cracks in the slab or  other problems with the existing slab are not covered in the warranty.
Also, any problems caused by an old surface coating will not be covered under warr ant y.

Date of Acceptance:	 	
By :  		Respectfully  Submitted: -"-BC- tY- Y-,, ,;---P-ee- b-Le- .-s -  -  -  -  -  -

7011 Wilson Rd.
WPB Fl. 33413
561-964-20011Fax: 561-964-5009
www.sportsurfaces.com

February 7, 2022 Attn: Bob Zelazny
Lake Ashton Golf Club 6052 Pebble Beach Blvd Winter Haven, FL 33884

Dear Jacqueline,

Thank you for interest in Sport Surfaces for the resurfacing of your pick\eball courts.

Here at Sports Surfaces, we believe that the key to successful business is having the right product/service at the right time, offering the best quality for the lowest price. We back this up with a two-yearwarranty unlike most of our competitors who only offer a one-year warranty. We are continually striving to be the most innovative, creative, service minded company in the tennis industry.

We have over 100 years of combined experience and our highly skilled technicians are trained to perform all phases of athletic court construction, resurfacing and maintenance.

Sports Surfaces has installed top quality athletic courts right in your neighborhood and all over the world. Our
Company has a long list of satisfied customers ranging from the US Coast Guard to top seated players.
In addition, we carry a full line of sport court equipment, accessories, and lighting products
Please let us know if you have any questions or comments. For more detailed information about our services and products, please visit our web page at www.sportsurfaces.com

We look forward to hearing from you and the possibility of doing business with you. Our reputation and work history guarantee you have made the right decision.

Sincerely,

Sales Estimator -Sport Surfaces lie.

Page 11	Con stru ction.  Resurfacing . Supplies	Licensed & Insured

7011 Wilson Rd.
WPB Fl. 33413
561-964-2001,Fax: 561-964-5009
www.sportsurfaces.com

PROPOSAUAGREEMENT
Fcbruary 7, 2022

Lake Ashton Golf Club 6052 Pebble Beach Blvd Winter Haven, FL 33884

Agreement made between Sports Surfaces LLC. hereinafter called the Contractor andLake Ashton Golf Club, hereinafter called the Customer for the resurfacing of (4) pickleball courts with respect to the following terms and specifications:

fICKLEBALL COURT PREPARATION:
Court I & 2: area to be approximately 4,560 sf Court 3 & 4: mca to be approximately: 3,600 sf
The Contractor will patch depressions greater lhan 1/B"' nfter I hour drying time in sunlight, grind down any ridges as necessary and mt
existing cmcks as best as possible prior to surfacing applying up to IO gallons of path binder.
Note: court must have a minimwn of 1% slope in one plane in order to guarantee removal of water.

SURFACING OF TENNIS COURT(SI
The Contractor will apply (2) Coat orAcrylic Resurfacer over entire court area to fill voids and provide smooth surface. The Contractor will apply (2) Coats of Acrylic Color Concentrate (two4one). To provide in depth color over court surface. [11ner court color choice	Outer cowt color choice
Colors may beselected by visiting https:l/sport.rurfi,ces.com/designlsr11face-color-selecto/r
The Contractor will accurately locate, mark. and paint two-inch-wide playing lines in accordance wilh U.S.PA regulations using white
textured heavy bodied acrylic lateit paint
The Contrnctor shall thoroughly and expediently clean up all drums, trash, etc. upon job completion.

PRO VISIONS
The Customer agrees to pay a 33% deposit upon acceptance of proposal The Customer agrees to pay a 33% deposit upon commencement
The Customer agrees to pay balance upon completion of the above-proposed work

P rivacv I Terms and Conditions Policy:
CUSTOMER AGREES THAT BY SIGNING THE BELOW CONTRACT THEY AGREE TO ABIDE BY OUR PRIVACY I
TERMS AND CONDITIONS WHICH CAN BE FOUND BE FOUND ON OUR WEBSITE: https://sportsu rfaces.com/terms­ and-conditions/

CREDIT
If the Customer does not pay as agreed upon. the Contractor shall have the right to file a lien against the real estate for t11e amount of the work done. No further work shall be accomplished if installment payments are not made at the time specified. In the event it is neccssruy to employ the services of an attorney tosecure payment, asper the terms of this agreement, then lhc customer agrees to pay reasonable attorney fees. Interest of I ½ % per montl1 will be charged on accounts past due

GUARANTEE
The Contrnctor guarantees all work against defects in workmanship or materials for a period of (2} years from date of completion. This guarantee excludes Normal wear and tear, physical abuse or neglect and any other conditions beyond the contractor's control such as sub­ base settling, cracks, hydrostatic pressure or water vapor pressure bubbles, intrusion of weeds or grass, etc. Proper tennis shoes must be won, on court Some sneakers, street shoes, dark soled shoes, skateboards, roller blades, etc. will scuff and damage surface. Guarantee shall become void upon owner's failure to adhere and comply with the payment schedule.

FEE
The Contractor agrees to provide tools, materials, labor, supervision, and insurance to complete the above work for a swnof
**""'TWELVE THOUSAND AND SIX HUNDRED DOLLARS ($12,600.00) ****
All prices are in US Dollms. Prices are subject to change after ninety days. Our bid prices are based upon you providing adequate access and storage areas.

OPTIONS: Alternate Addition. Please Initial to accept

Option !: 	Contractor will install fiberglass membrane over (4) pickleball courts to prevent the rehlming of premature cracks. ADD $4,800.00

Option 11: 	Contractor will apply (2) sets of playing lines on the tennis courts, one on each court. ADD $2,000.00

Respectfully submitted by Slel/,a,"l)Jlue
Sales Estimator - Sport Surfaces LLC.

Proposal accepted by: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Date: _ _ _ _ _ _ _ _

Page 12	Construction.  Resurfacing . Supplies	Licensed & Insured

SECTION I

-", --

z_

1/

2

-	--	-	-	-	'.ltt ropnsa {  -----l'J9c    No.	of

Vartsity €ourits. IQc.
1970-A CORPOllATE SQUARE LONGWOOD, FLORIDA 32750 407-830·8906 • FAX 407-830-7267

STREET
6052 Pebble Beach Blvd.
CITY, STJ\fE AIW ZIP COO,

-	-	- -----·· --

Winter Haven, Florida
--- ----- -- - --- -·-·

·-

ARCHITECT	l OJ\TF. OF PlJ\llS
Attn:  B. ob-,  Z-e-,l.-az.,ny --  .,·.·-·	,•,' ·,.·
We hereby submit the followfng specifications and estimates for:

JOO NJ\ME
Resurface Four Pickleball Courts
JOO lOCATIOll

._

 	_ 		 		JO II PIIO//E

OWNER TO PROVIDE WATER SOURCE - HOSE BIB

ALL MATERIALS AND WORKMANSHIP HAVE A FULL ONE YEAR WARRANTY

*NO WARRANTY ON CRACKS: NEW OR REOCCURING

PER THE US TENNIS COURT AND TRACK BUILDERS ASSOCIATION:
PLEASE NOTE "WHENEVER REPAIR, RESURFACING OR OVERLAY IS CHOSEN,  IT IS IMPORTANT FOR AN OWNER TO REALIZE THAT CRACKS ALWAYS RE­ APPEAR".

Reason being is that the constant expansion and contraction of more than 7000 sq ft of surface, which is the area of a single tennis court, has a constant fluctuations in ambient temperatures.

These fluctuations can be greater in the winter. The asphalt has lost all flexibility because of aging and the loss of the oils which were in it when manufactured. This causes the asphalt to be rigid.

WE PflOPOSl:   IH' r(•h>'   to   rumish   m,1lcrial  anti  labor   -   coniplctc  In  ;1cco1il,111rr?  with  .1bov1i  s pecifico11io 11s ,   for  the   ,tun  of:

-- Seven Thousand Nine Hund rerl·Th irty·Seven-··-- · --  -  - ·- ---·-- ---------- -- --  - - ---  --- -  ---······----·----- rfo !:l 11"    ('.!,
l'nymonts to ho nwilo o s spocirlod iiolow:
·· Upon completion·of work ·----- - --· · ·

- -- -7,937,00

.Ill ..,:,l\'1l,11 h  1\u;u ,m1<,·,I  In lor :,,  ,1m ·i1,1,• I.  .111 "  o•·k  lo .h:

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J,1 .A,1 : /\

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Llun,  lfn i· ll\   1111:    1'\ll,1 fll'>h•  \\ltl  litt'\\ •t'uh •d  unly  11pi1t1  \\tflh•n  onh·n , .11111  \1111  hH11mr  illl H h·., , liaq t· nu!' ;1111\ aim,·,·111, nllmaf•r .\ti ;1 rr,•11u·nh ,out111r.,•1tt 111Hrn ,1rik1:\, ;1n:hlr11h

. .-	-	-
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ur th/a\\ h,•,111111 our n111ll'ol. (huwr In r;u I)' lln·, l11r11,11l11 ;.i111I o(hrr n,n · ,;1q· l11,ur;111,·r.
Our ,H;rla·r ar • folly \"Ml'l'rtt h>· Wor$;uH·n·,; C"111111w11,;11h111 l n, u1·.rnu· .

withdrnw11 by u, ii 110! nccoptod within

!lay,.

/\CCEPT/\NCE OF PROPOSAL: Tho abovo pricos, spocif1ca1io11s anti conditions aro soli,foclory and aro horoby nccoptod. You aro m1thorizod to do tho work ns sJ)ocirlod. f'nymont will ho mado ns outlinod nl>ovo.

Dato of l\ccoptanco:

Signature .....

Sip,n,1tu1e -·

BOARD OF SUPERVISORS MEETING

MINUTES

MINUTES OF MEETING LAKE ASHTON II
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Lake Ashton II Community Development District was held on Friday, February 18, 2022 at 9:00 a.m. at 4648 Eagle Falls Place, Tampa, Florida.

Present and constituting a quorum were:

James (Jim) Mecsics	Chairman
Bob Zelazny	Vice Chairman
Mary Clark	Assistant Secretary
Colette McKie	Assistant Secretary
Angie Littlewood	Assistant Secretary Also present were:
Jason Greenwood	District Manager, GMS
Sarah Sandy	District Counsel, Kutak Rock
Alan Rayl	Rayl Engineering
Ron Lavoie	Indigo Sports
Brian Rhodes	Indigo Sports
Rhonda Mossing	MBS
Jill Burns	GMS
Cynthia Wilhelm	Nabors Giblin
Mary Bosman	Community Director

The following is a summary of the discussions and actions taken at the February 18, 2022 meeting.

FIRST ORDER OF BUSINESS	Roll Call and Pledge of Allegiance
Mr. Greenwood called the meeting to order at 9:03 a.m. and five Supervisors were in attendance constituting a quorum. The Board recited the pledge of allegiance.

SECOND ORDER OF BUSINESS	Approval of the Meeting Agenda
Mr. Mecsics: Do we have our approval of the meeting agenda? With one addition, I'd like to make a comment regarding public comments and decorum within the board. Any other changes?
Mr. Zelazny: I'd like to just give an update to Mary's questions from the last Board meeting on pickleball and I'd either do it under Supervisors' comments or add an item.
Mr. Mecsics: We'll put that under Section G at the end there. In regards to public comments and decorum of the Board, sometimes during our Board meetings, the subject of our discussions or debate leads to behavior that is not conducive to proper behavior or decorum. In 2014, our Board adopted Resolution 2014-01, addressing resident’s opportunities to address the Board and be heard, as well as public decorum during meetings. The resolution also requires the Chairman or his designee or her designee to ensure that the requirements regarding those comment periods are met as well, like three minutes. As well as maintaining decorum and orderly conduct during the public meetings. Such behaviors such as making profane, intimidating, or threatening remarks, personal attacks against Supervisors, District staff, or members of the public is prohibited. Any type of disruptive behaviors such as loud noises, verbal outbursts, clapping, shouting, heckling, booing, hissing or engaging in any other activity in a manner that disrupts or disturbs the meeting of the orderly conduct of the committee is prohibited. Additionally, as examples of leadership within our community, those standards should apply to Supervisors as well. In any case, the presiding officer may declare the offending person or the residents in the audience out of order, and if they continue, expel them from the meeting. It's my absolute wish that this type of action never be taken and ask everyone to cooperate in keeping our meetings effective and friendly. Public comments, over to you, Jason.

THIRD ORDER OF BUSINESS	Public Comments on Specific Items
on the Agenda (the District Manager will read any questions or comments received from members of the public in advance of the meeting; we ask those members of the public wanting to address the Board directly first state his or her name and his or her address.)
Mr. Greenwood: As it stands, I haven't received any public comment cards. Are there any public comments at this point?
Ben Hodgers: My name is Ben Hodgers and I sent a public comment about two meetings ago. That was the one that had problems with the video, never got a response, never saw anything on or about it. Last meeting I wasn't here, so I didn't make it. Now, my issue is the golf course with the errant golf balls, they call it. I have talked to different people about it. Most of the people I've talked to say, I don't see why we don't have it. A lot of people agree with me. I don't understand why the Board or the golf course can't take this into consideration and why they can't take it into consideration?
Mr. Mecsics: Okay. Thank you. This is public comments, we do not respond. Mr. Zelazny: I just didn't hear you.
Mr. Mecsics: Oh, sorry.
Mr. Zelazny: What was your comment? Ben Hodgers: Golf course. Errant golf balls. Mr. Zelazny: Yeah, but what was the issue?
Ben Hodgers: The golf course has not done something about it. Mr. Mecsics: Thank you. Any other public comments?

FOURTH ORDER OF BUSINESS	Approval of Minutes of the January 21,
2022 Board of Supervisors Meeting
Mr. Mecsics: Next is approval of the minutes of the January 21st, 2022 Board of Supervisors meeting. Any additions, deletions, corrections? If not, do I have a motion to accept?

On MOTION by Mr. Zelazny, seconded by Ms. McKie, with all in favor, the Minutes of the January 21, 2022 Board of Supervisors Meeting, were approved.

FIFTH ORDER OF BUSINESS	Golf Course Update from Indigo Golf
Mr. Mecsics: Next is the golf course update from Indigo Golf.
Mr. Rhodes: Good morning. I'll give you a quick update on the financials for January. We followed the same trend for rounds as the rest of the courses in my portfolio. They went down slightly in January compared to prior year and budget. The course hosted just a little over 4,500 rounds almost 4,600 rounds. That was about 1,700 under our budget number and 1,400 under last year. Obviously, the biggest impact on golf rounds is weather. So we're seeing, it was colder, it was wetter. It just wasn't as nice to play. Now the good news on that is it did not flow to the revenue lines even though we had less rounds. We actually did more revenue than we did prior year and budget. January is a very good month for revenue. We generated just over $182,000 for the month. That's about $13,000 above budget, almost $25,000 above prior year. The golf department exceeded the budget by $10,000 in prior year by about 19-19.5 actually. Greens and carts fees exceeded the budget by $1,000. Even though we had less rounds, we had more revenue coming through. People were taking advantage of it. We're seeing more of our associate members play golf. Especially the golf shop is doing great. F&B sales beat budget by $3,100 and the last January, by almost $5,500. Pro Shop had a great month in sales, like I said, it beat budget by $7,000. We continue to do very solid sales out of there. That's why I always walk in and think we're a little light in merchandise, it's because we're moving it pretty fast. Cost of goods for Pro Shop was 79.1%. We have a budget of 80%, so right on. The F&B department had good sales for the month as I mentioned earlier. Cost of goods was a little high this month at 46.7%, which they had a budget of 39%. We're looking into it. We believe it's some waste and some repair and maintenance that caused them to go up. We're hoping it may revert back this month a little bit during the inventory count. Labor costs were up $2,000, $2,100 high for F&B. Between the combination of those two factors, this is the first time we had a negative net contribution in a number of months in that department. It should be noted that we are exceeding budget and we have a positive contribution for the year of almost $14,000 in F&B. We're

still running positive. We just had a few bumps in the road there last month. Labor, all of our departments ran above labor last month. They weren't grossly above labor, but they were all little higher than what we had budgeted and a little higher than what we had last year. It should be noted that our labor percentage was 44.39% for the month. Even though we had more labor, we were about 1.6% under budget. I mean, if you looked at it, in budgeted labor percentages we were more efficient with what we operated with. To be compared with last January, we operated at 49.12% labor budget. Expenses, golf department was very close, F&B was very close. There's nothing there to really highlight. Generally, an admin was under by about $7,200. It all came from the sales and use tax that we budgeted. We spent $6,600 last year, this year we filed the appropriate paperwork and we were tax exempt, so we were able to save that money. Maintenance was under budget by $16,000. $13,000 of that was chemicals inferred. Most of it is deferred. We did spend more, in fact, last month. We were expecting to be a little under this month. Some of the chemicals are pre-emergent. They have to go out when the soil temperature is right, and we just didn't have the right conditions to put them out. They'll be probably hitting this month or March. We are kind of seeing where we stand there. But I'm expecting that those savings will go back in. Just in case anybody is wondering, we actually spent
$6,000 more than we did prior year in January. The money is being spent on the golf course. We're very happy with the current conditions. Obviously, Ron and the team are identifying areas to improve that will really put a focus on when it comes back to growing season. Sales and marketing was about $1,200 under budget. That's just a timing of the invoice relating to our website hosting. We ended up January with an EBITDA of $24,810, which is about $26,000 above our budget. And year to date, we're $74,796, EBITDA, which is $81,000 ahead of budget. Right now, everything is operating very well. We're not experiencing too many hiccups. We're looking forward to continuing on. Does anybody have any questions for Ron and I?
Mr. Mecsics: Any questions?
Ms. McKie: Based upon the damage that was done to the greens by a golf cart in the last few days, how will that impact you?
Mr. Rhodes: I'm going to defer it Ron since I haven't seen the damage personally.
I've heard about it, and I was told that it was minor.

Mr. Lavoie: There's no major damage to the greens. The good thing was it really didn't tear anything up as much as it just rode around indentation and eventually it'll grow back up and it'll be fine. But that was one of the things Dave, again, been here for 20 years. He stated that was the strangest thing that has ever happened. Whatever happened. It's funny that we are in a plus 55 housing. We figured there has got to be quite a few people that are up at three or four o'clock in the morning. But we've got no phone calls, no one saw anything. The other side of it is, a person had to be riding out there with no lights on, on top of it. But like I said, nothing went on last night. But hopefully, it was just a one-off thing, but other than that, I just want to report again on the membership because it's the lifeblood of the golf course. But we went from 390 memberships to 412 this year. Families went from 219 to 226, and the singles went from 171 to 186. But the total amount of golfers went from 609 to 638, so we are busy. With this warm weather, we're really busy, and it's a good busy, everything is going well. I think the conditions for where we are, Brian, I talk about all the time, but we're still about 80% of where we really want to be. But we know best, it takes more time. When we came here, I think everybody remembers the roots on the greens. Some of the greens were about an inch deep and that's it, and they're probably about six or seven inches deep everywhere. We're in pretty good shape. What that really means is we can step up programs again once we get through the season. The golf courses that were in are better than Brian and I thought. With where COVID is, it's still pretty hard to demand people ride together in carts, so we've got to live through what we have to live through this season. But it is much better. There are some really worn-out areas out there. For those that do play golf, the ball is rolling a lot. It's firm, but it's in good shape. Dave's doing a great job and finally having a mechanic for the first time in 21 months a real, honest to God, golf mechanic. Things have gone really smooth down there. We are starting the initial phase to look at another least package because we do need fairway units and some more triplex units. However, it's even hard getting them to listen to you because they don't even know what equipment they can get in what time frame. But Brian has told me some equipment is a year out if you order right now. I was going to bring up the red and the greens. The other thing is, Matt, as great of a trooper as he is, he's probably answered the question a million times. Where are you going, Matt? You are leaving? Matt has sold his house. It's official as of

last night. But he's only going down the street. He's going back to where his mother-in- law is down in Lake Wales. He is sticking around. He was thinking about going part-time, but then when he looked at the cost of insurance, he's not so sure he's going to make that move. He's staying here, he's not going anywhere. Worst-case scenario, he might go a little part-time in the summer or whatever the case may be, but he's staying, Matt staying here, but he's still here. Other than that, it's been a fantastic start to the season except for the weather, but it looks like it’s turning good. I think anybody notices, if you look at the golf course, the greens have changed another color. They are going back to what they were, so there'll be getting a little thicker. But other than that, everything has gone fantastic.
Mr. Mecsics: Any questions? Colette, did that answer your question from earlier? Ms. McKie: Yes.
Mr. Zelazny: We were very fortunate that the greens were dry. If they would have over watered or if we would have had rain, we could have had significant damage to the green. But if you go out there and look, you can just see where the tires have pushed down the grass and torn it up a little bit, but the greens are still very playable. We were just very fortunate in that regard. In terms of equipment, as we talked about looking for a new lease on some additional equipment, Ron, I don't think mentioned, we finally get a certified bona fide real-world mechanic who can prolong the life of our equipment and keep it up to standards. That's really good. I think we're up to full staff, I think right now, aren't we? That's another good sign.
Mr. Mecsics: Thank you. I've asked our security patrol to keep an eye out for people driving around on golf carts at two or three o'clock in the morning. I will be out there and we'll be trying to catch anybody out there.
Mr. Lavoie: Dave, he estimated it probably had to be closer to dawn, four o'clock, something like that because of the watery situation. The irrigation had gone off, greens were a lot drier and firmer, especially 15 where they could have done some serious damage. Like I said, it's around that time frame.
Mr. Mecsics: I'll get up a little bit earlier and go out myself. But the first inclination is somebody from the outside. Well, I hate to say this to the community, but we have

people in this community that do silly things. I'm looking more specifically for someone or a guest that somebody's sent here. Thank you.

SIXTH ORDER OF BUSINESS	Engineering Staff Report
Mr. Mecsics: Next is Alan, Engineering staff report.
Mr. Rayl: Good morning. First, I wanted to bring to the Board, we had authorized at the last meeting a not to exceed amount of $30,000 for the inbound outbound repair work. We went back to the previous low bidder, and asked them to include the outbound or repair work in their bid. They came back with a fee of $25,787.20. They'd been authorized to proceed in accordance with the Board's previous direction. We think that work may start next week. We've asked them for as much notice as possible. They're trying to line up the milling machine, which is what chews up the existing asphalt and removes it. As soon as we have that schedule coordinated with them, I'll be in touch with Mary. We can let the community know they'll be doing MOT, maintenance of traffic though, flagging. It'll go much quicker than what you saw in LA1 with paver work where concrete was involved there, so it had to be shut down for longer periods. This is asphalt work. It goes really fast. I'll bring back a start date and let everybody know when that's going to happen.
Mr. Zelazny: Alan, do you have a total cost now of the project inbound and outbound?
Mr. Rayl: 25.
Mr. Mecsics: That's for both sides?
Mr. Rayl: Yes, that's everything, $25,787.20. We saved some dollars there, but we're going need them for my next topic. The repairs behind the driving range, you may recall we originally got a quote back in September and it was $31,749. We asked the contractor to update that. They came out and took another look at site conditions and they actually included a number of things that we spoke to them and negotiated out because their second bid came in at $49,000 and that's the one, I told you that we needed to talk to them about again. We did include some expectation of work below the waterline which is not going to be the case there. We're going to pour a new flume but it's going to stop at the normal water elevation. They did need to adjust their bid for increased material

costs and things since September and I've seen this on other projects even as recent as August and September costs have gone up but they're at $36,897 now. This was negotiated, we took out anything we thought was just not completely 100% necessary. They went from 31 and the Board approved a not to exceed of $32,000. Now we have a current number. If we could approve this exact amount or not to exceed of $37,000,
$5,000 more, then they can get that work going right away. I've got two copies of their bid if anybody wants to take a look at it. But my recommendation is we approve this bid and authorize them to proceed with that work on the cart path behind the driving range.
Mr. Mecsics: Do we have any move to approve that? You want a discussion? You have a question on it?
Ms. Littlewood: Just a question. Mr. Mecsics: Go ahead.
Ms. Littlewood: Alan, does that work include the fence? Is that what we're talking about?
Mr. Rayl: They did speak to that I think it was remove and replace. Excuse me. Remove and re-install existing wood fence, so no upgrades to the fence. They're just going to put back what is there. If that needs to be done, we could look at that separately, but their intention was to do the restoration work of the undermining of the car path and the drainage to repair the flumes. What they're going to do, they're going to use what is called flowable fill. It's a slurry grout thing. They're going to form on the outside of the fence and it pumps underneath and it'll fill up all the voids. Then above the level of the cart path, they'll end up filling in-between the fence posts with a six-inch curb that will hold the water, let it run to the places it's supposed to run to, to some of that curb, thereby seen it's falling away and everything so there's no repairs to the fence included in that.
Mr. Mecsics: Has he answered the questions for you? Any other comments on
that?

On MOTION by Mr. Zelazny, seconded by Ms. McKie, with all in favor, the Engineer’s Contract for $36,897, was approved.

Mr. Rayl: Thank you. I'll let the contractor know and I will get their schedule and let the Board know. Next is the hole number 6 bathroom. As you all know the septic tank and drain field system has been installed. That system is using a wet well with a pump to pump to the tank in the drain field. The next step is to have that pump connected to the electricity at the bathroom building. We've contacted Kincaid Electric who does a lot of work in the community and they were going to provide a quote for that work. We're still under the previously approved not to exceed 35,000 for that whole project septic water system all included. Right now we're still good with that. Once that electric is hooked up, SNS will saw cut the concrete outside the bathroom building and connect the lateral to the new wet well. That'll complete the new system and get it online. Then the septic tank contractor will come out and pump out and crush the other tank, which is their standard practice for taking a system offline.
Mr. Mecsics: Does that include citing or exceeding?
Mr. Rayl: That as well to make sure. It was excluded from the septic tank contractors bid which I've seen them do that same company on another project. They didn't include it there as well so it's surprising because that's normally in there and that was an oversight.
Mr. Zelazny: Has the water been connected now, so it's part of the water at the restroom?
Mr. Rayl: Yes. The water system is connected to the city of Haines City water.
Ms. McKie: I have a question. Do you perceive that we will stay within that not to exceed number?
Mr. Rayl: With that, I don't have Kincaid Electrics quote but everybody else all in we're at $34,040, so we're going to be right there at it.
Ms. McKie: That's not including sod?
Mr. Rayl: Correct. Garrett and I were talking about this the other day and we think there were some discussions that we thought it can be done cheaper in-house going through our golf course connection rather than paying for the contractor to do it. I'd forgotten about that. We can revisit getting a bid to have a contractor and bring in sod. We've coordinated some things like that in the past, getting some things like the bridge corners. I think we did it that way with the golf course. Whatever the Board prefers.

Ms. McKie: Would that be viable to talk to the golf course? Thank you.
Mr. Rayl: We'll do that. The cart path on Sawgrass has been poured, they saw cut the joints yesterday and dressed up the finished grading, all that's left there is sod, and I think that's going down today, but I stopped by and looked at it before the meeting, everything looks good. They've wrecked all the form Boards off everything's complete on that and it's just sod is all that is left.
Ms. McKie: The contractors suggested that it be allowed to cure without traffic for two days and so later this evening I will remove the stakes and the tape and Mary is going to have an e-blast sent out that it will be open tomorrow morning.
Ms. Littlewood: The Board received an email from the resident that lives as you look from the road on the right-hand side, I believe, about the slope, the difference between her land and the golf cart path. I went and had to look at that and it is quite severe they have just a narrow strip to walk on which is their property. Is the Board doing anything to address that slope?
Mr. Mecsics: Go ahead, Alan.
Mr. Rayl: It's actually like that because we didn't start the slope until well inside the CDD tract, we've actually left that existing grade a couple of feet on the CDD tract, so they had more room to walk around their AC unit, things like that. The steep slope is on the CDD tract. It would've been a flatter slope if we would have graded all the way to the limits of the CDD tract, but we didn't do it in order to give them a lead their existing grades and some grade on CDD tracts that they can use. That grade change has to happen somewhere, it can be over the whole length, or if you leave that part alone, it's shortened and it gets steeper. We did that indifference to them to give them more room that they can walk around on the CDD tract to get around that side of their house. There's a lot of grade change between those two homes. It's better to have it on the uphill side than the downhill side where if a cart ran off that low edge, and it was a foot or two above grade, then they've got a slope to go down and they're heading right towards the home on the downhill side. It's safer to have it on the uphill side for the cart traffic, and we didn't change any grades on any private property it was all done in the 10-foot wide CDD tract.
Mr. Mecsics: Alan, is the two-degree slope for ADA compliance towards the Williams house? It slopes to the downhill side, okay.

Mr. Rayl: Water use permit. Golf course will be happy to know that the renewal of that was submitted. The permit was set to expire on February 15th and the permit renewal was submitted. Last week we coordinated a lot with the golf course, it was a pretty detailed application they want to know all the intricacies of the watering and the public education components of, are we handing out flyers at the pro shop about water conservation and things like that. Ron was helpful in getting us the information needed for that and that's been submitted. Having been submitted, it extends, so the permit doesn't die on the expiration date. We're in process for the renewal and I believe by our next meeting, we'll have that renewed permit in hand. We've asked for a 20-year renewal, the previous permit was a 10-year, so hopefully, we can push it way down the road. Finally, we've requested a couple of more bids to do some other repairs of flumes on the ponds, the blow out behind the HFC, those are not yet in. Then the last item I had was I saw the new modified inlet at Ashton and Pebble Beach that was recently impacted. The last time we had an inlet top repaired and I think that one it's going to be pretty extensive, it's going to be a 5, 6, $7,000 fix. Weigh that in the speed in which we go out and repair it versus homebuilding left, it seems to me that was a block truck, a trust truck, concrete truck, something along that order to do that damage and drive away. Just something to evaluate when you look at how quickly you want to repair that. I think that's all I have for the Board this morning unless you have questions.
Ms. McKie: I don't have a question, I just wanted to explain to folks what Alan was talking about. If you go out the HFC and you look across the street what we call a drain, it is demolished. Rebar was damaged, so a truck, like he mentioned, something rode over it and then kept going. Which will be costing the CDD at least $5,000 and he'll get an estimate on that.
Mr. Mecsics: When I did some snooping around, we had an individual who saw a sod truck run over it, I have a statement from them and we'll be going to the insurance company. We've identified who it was.
Ms. McKie: Thank you.
Mr. Mecsics: Anything else for Alan?
Mr. Zelazny: Alan, you've painted a big pink area on Pebble Beach where the road is depressed, have we gotten a bid on that or do you consider it to be critical?

Mr. Rayl: It's one of the larger, more egregious remaining repair locations that we have and we were trying to look forward to seeing how it would fit in the budget of future repairs. The repairs are going down in scale. We've fixed a lot of the big bad ones already and so by that, we're able to do a few more on LA1, we just went out for some repairs and they were somewhere less than $1,000 to do, so they could really take down a whole lot of locations. We were trying to look ahead when the Board was ready to look at doing the next set of repairs, that seemed like it was going to be one of the costliest ones that we have left to come up with, so we wanted to try to get ahead of that and look at it, but we have not got a quote back from the contractors yet. I'm sorry, that's unrelated. But I'll be able to present that by the next time that road repairs are being considered.
Mr. Mecsics: Anything else for Alan? Alan just I know this has been a long- standing, but the cart path coming off in Pebble Beach where we didn't flare. I was asked again by a resident to take a look at it. We are having some encouraging so, would you and Colette take a look at that one more time for me to see if we have any issues there? That's all. Anything else for Alan? Thanks, Alan.

EIGHTH ORDER OF BUSINESS	New Business
*This item was taken out of order
Consideration of Resolution 2022-07 Election of Officers
Ms. Sandy: Do you think we could take up the bond issues first and have that discussion prior to the wetland?
Mr. Mecsics: Yes. This young lady came by and had me sign 375,000 documents this morning, so yes, let's move that up to that.
Mr. Greenwood: Before we got into that, you see the Resolution 2022-07, the election of officers. It essentially is more of a housekeeping item where I'll be adding myself as Assistant Secretary to the District and also with Amanda Ferguson. Essentially that just allows us to write checks and pay the bills.

On MOTION by Ms. Littlewood, seconded by Mr. Zelazny, with all in favor, Resolution 2022-07 Election of Officers, was approved.

Refunding of the Series 2006A Bonds

Consideration of Resolution 2022-09 Delegated Award Resolution for the Series 2022 Bonds
Fourth Supplemental Trust Indenture
Escrow Deposit Agreement
Mr. Mecsics: Sarah, over to you on the bonds.
Ms. Sandy: If the Board remembers at your last meeting, this Board approved a term sheet to refund and refinance your 2006 A bonds with the Series 2022 bonds. I will turn it over to your bond counsel Cynthia Wilhelm with Nabors Giblin to discuss Resolution 2022-09, which is the Delegated Award Resolution for the 2022 bonds.
Ms. Wilhelm: Good morning, Board members. If you recall, I was here last year in August when we refunded the 2005 bonds and we're here now to refund the 2006 bonds. This resolution is essentially the same thing that we approved last August. But for the 2006 bonds, we did receive a proposal from Hancock Whitney Bank which was approved by the Board at the January meeting. Now, this resolution just reaffirms that approval and also just approves the sale of the bond to the bank, approves the forms of certain of the documents that are needed in order to close, and essentially approves the refunding of the 2006 bonds. If anyone has any questions on the resolution or the documents that you're approving, I'm happy to answer them at this time.

On MOTION by Mr. Mecsics, seconded by Ms. Clark, with all in favor, Resolution 2022-09 Delegated Award Resolution for the Series 2022 Bonds, was approved.

Consideration of Resolution 2022-10 Supplemental Assessment Resolution
Assessment Allocation Report for the Series 2022 Bonds
Ms. Sandy: Mr. Chair, if you don't mind, I'll move on to the next item which correlates to the bonds as well. It is Resolution 2022-10, your Supplemental Assessment Resolution. This is going to layout the specific terms of these bonds, the interest rates, maturity dates, things of that nature, as well as the resize the assessments to correspond to those bonds. The primary reason we are doing this refinancing is to lower our debt service assessment and that will be lowering the assessments that correspond to that. Attached to that resolution is an Assessment Allocation Report for the 2022 bonds that

goes through the methodology and lays out how the assessments will be sized and levied. Jason, do you want to speak to that at all or?
Mr. Greenwood: Only if there were any other questions. It was part of the agenda. I didn't receive any information beforehand, but other than that, I think we're good to go.
Ms. Sandy: The reason I was asking was because GMS prepared the assessment report as they are your assessment consultant. As it lays out in the assessment report, in order for assessments to be valid, the property being assessed must receive a special benefit in excess of the assessment that's allocated to it. Assessments also have to be fairly and reasonably apportioned across the property so that's why there's a methodology behind it. That report lays out why both of those factors are met here. Again, happy to answer any questions that the Board has in regards to the assessments that are going to be resized and lowered to support the bonds that you just approved to issue. But otherwise, I'd asked for a motion to approve Resolution 2022-10.

On MOTION by Ms. McKie, seconded by Ms. Clark, with all in favor, Resolution 2022-10 Supplemental Assessment Resolution, was approved.

Ms. Sandy: Thank you. That's everything that is in relation to the bond.

SEVENTH ORDER OF BUSINESS	Unfinished Business
*This item was taken out of order
A. Discussion Regarding Wetlands Project (requested by Supervisor Mecsics)
Mr. Mecsics: The unfinished business is the discussion regarding the wetlands project. What I've asked for was I'd like to just have an update as to where we're at so we can take action to finish this all up. Colette?
Ms. McKie: Thank you. Before talking about the current wetland update, I would like to make a statement in regards to what happened at the last wetland update. At the January meeting, a fellow Supervisor repeatedly and baselessly accused me of not doing my job. For the record, I refused to be held to a standard not likewise applied to other Supervisors including the accuser. This outburst and personal attack should be beneath the standards of this Board. I perform my duties as a Supervisor to the best of my ability,

listening to the views of residents and researching facts in order to protect the finances of the entire community. I remain committed to professionally and ethically doing my job on behalf of all CDD residents. Going forward, I will not remain silent when false accusations are made against my record as a Supervisor.
Mr. Mecsics: As I outlined in that discussion before the meeting or best before the public, I will be enforcing that rule. If a Supervisor does that type of behavior, they will be called out of order and they'll lose the chance on the table. Anything else on the updates?
Ms. McKie: Yes, I would like to give a current update for the wetlands and it will be very short. A day or so before the Applied Aquatics was going to do the Hart Lake estimates, I was informed by the Hart resident coordinator that they had decided they would like to have an estimate for all the 34 houses to have the three-foot trim. Applied Aquatic did both. They did an estimate for all 34 areas behind the houses to have the three-foot trim as well as doing individual estimates for approximately 18 homeowners. Now, the resident coordinator told me that the Hart people are having a meeting tomorrow Saturday evening to decide if they will try to raise the funds for the estimate. Consequently, I would like to table the discussion of whether the Board will contribute any funds toward the one-year quarterly maintenance for all three areas until the next meeting.
Mr. Mecsics: Comments?
Mr. Zelazny: Yeah. I'm a little concerned that putting it off because that would put it off for another two months. That puts the people in Pebble Beach into another quandary of paying another quarterly maintenance thing. Upfront, I will apologize for my confusion in how the voting was going last month. I was under the assumption that from previous discussions with Sarah, I had to be recused, and that because the program would ultimately also impact Supervisor Littlewood, that she should also be recused. But I saw that in the vote it was a two-to-two vote. I'd like to have it come back up so we can get this thing moving. I think that the residents, especially the ones that my portion of Rattlesnake Lake and the ones where Cheryl Winchester's group has contributed in good faith and it would be appropriate, I think, for the CDD to maintain those areas that the residents have put forward? If I think that the last meeting, the vote was, is the Board going to change their philosophy? That says, if you get it to a certain level, we will maintain

it. That's the policy change versus changing for each individual community. Perhaps, we could look at it, are we going to make a change where we are going to contribute to are we going to now take it upon ourselves to maintain it after the community has done it as a cost sharing thing. Then when the bill comes into every area, approve it when it is submitted.
Ms. McKie: Yes. My thinking was not to wait until April, but to address it in March at the meeting. That's because both Pebble Beach and Hogan Rattlesnake made their decision to fund all work without knowing whether the CDD would contribute any funds toward maintenance. It would be inequitable for the Hart people to already know what was going to happen because that might change what they would do and that would be a benefit that the other two areas did not have. I would like it to be tabled until March after Hart residents had decided whether they're going to go for all estimate or they're going to the 18 people who had estimates who are going to do it individually.
Mr. Mecsics: Angie?
Ms. Littlewood: I think you and I have got different views on the voting. I think what Sarah advised was that you recused yourself from the vote on Pebble Beach and I recuse myself from the vote on Hart Lake is that correct?
Ms. Sandy: I think we have to look at what specifically we're voting on. Last time as I recall, what we were saying is that we were taking each area on a case-by-case basis, looking at that and voting on that. If that's the case, then yes, I think when Pebble Beach comes, Bob would recuse himself and you would on Hart Lake. But if we're talking about a more general policy change overall that all of these areas, if they do the initial maintenance work that the District is then agreeing to do the upkeep from then on, then I think both of you would generally be affected that and then both of you would recuse yourself so it really depends on what vote we're looking at.
Mr. Mecsics: If we're talking about a policy, and Jason and I talked about the March meeting or a workshop in March. If we want to discuss some more of the policy itself and you're right, they will have to recuse themselves and we discussed that together, then we can put this to have the policy and then the specific areas for a meeting attached to the March workshop. Jason, is that what we talked about there? That way it'll keep you

because I know from what you just said, you're running out of time on that contract, is that correct?
Mr. Greenwood: Correct. But just not for the residence of the Pebble Beach portion of Rattlesnake Lake. Since we're not meeting for a vote until April, the Rattlesnake Lake portion on Hogan is going to be required to have a first-quarter payment as well before the Board votes on it. If we have a workshop, and again, Jason, correct me if I'm wrong, if we have a workshop in March, but then tag onto that a meeting for that specific direction and we can attain all that that we want, is that correct?
Mr. Greenwood: The idea would be to discuss it in the workshop, iron this out and then hold the regular meeting where it can actually be motioned and move forward. That was our plan of action, I think.
Mr. Mecsics: I think that's what we talked about. Yes, ma'am?
Ms. McKie: That would be fine with me. By then I would have accurate numbers, and I've talked to Applied Aquatic in regards to the timeframe. The Rattlesnake Hogan issue is fine in regards to a maintenance issue. The Hogan Rattlesnake people and the Pebble Beach people are watching to know that they were being treated fairly. That's why I bring forward having the decision from the Hart Lake just as they made a decision without knowing what the maintenance would be, whether there will be no contribution, some contribution or fully paid and we can discuss that in March.
Mr. Mecsics: Bob, do you have something?
Mr. Zelazny: Let me address the question then to Sarah. There are two questions on the table. One is establishing a policy by which the Board will maintain areas throughout the community where the residents have made improvements. That's a policy change and in your view, every Board member can vote for that.
Ms. Sandy: No, in that case, I'm correct saying that you and Angie are currently the only Board members that would be. Both of you would have to recuse yourself from the discussion and the vote.
Ms. Littlewood: From the discussion too.
Ms. Sandy: If you're conflicted due to it and you can't vote on it and you also cannot participate in discussion.
Ms. Littlewood: And the workshop?

Ms. Sandy: Again, if we're talking about the general policy, if we're splitting it up, again, we're talking about Pebble Beach, then you can participate in that discussion and Bob would recuse himself and vice versa.
Mr. Zelazny: I think I'm a little confused over what you talked about last week, at the last Board meeting when you said, if it's a policy, then everybody votes because you are changing it for the community. Everybody benefits the same way based on a change in policy where nobody would have to be recused. Now if you're talking just about if the vote was for Pebble Beach alone before the policy, then I do have to recuse myself. But at the same time, you had said that Angie had recused herself because what is good for Pebble Beach is good for Hart Lake as well, so she couldn't vote. We need to figure out are we going to approach it as a policy issue, which then only requires the Board to say that's our policy and we're going to fund it going forward? Or are we going to continue to look at pieces of the pie where Board members have to recuse themselves to when they talk about the areas specifically in front of their homes.
Ms. Sandy: I see what you're getting at, Bob. Let me clarify. What I was saying last time is if the reasoning behind the policy of the Board, if now the Board is saying that this is beneficial for everybody in the community, not just those that live in those areas. If that is the reasoning behind the policy and the thought process, then we would be talking about a different policy and you'd be treating it like any other improvement that the District maintains. But previously this Board, the reasoning behind the policy had always been that it is benefiting these specific homeowners and these specific areas. If that is the reasoning behind the policy continuing going forward, then you would still continue to have a conflict and need to recuse yourself from discussion in the vote. I was trying to clarify and understand the Board's reasoning moving forward. From what I'm hearing is the reasoning has not changed. All that we're discussing now is whether the Board's going to have a general policy going forward that it would maintain these specific areas once an initial cut has happened.
Mr. Mecsics: I think that's what Sarah and Mike and Jason, we all sat down and talked about it. When we first thought this, this was for those three specific areas. Because a general policy on that, it has much more far ranging from a budgetary standpoint. I just saw Mary flinch a little bit there. I think to maintain what we have is to continue down

those three areas rather than a general policy across the Board, and then discuss it and we can do that at the workshop. Then we'll have our meeting right after that, and then we can vote and get this thing resolved once and for all.
Mr. Zelazny: Your proposal is to table it for a workshop and proceed along dealing with each area as a separate entity as opposed to a community policy?
Mr. Mecsics: I think from a budgetary standpoint, that's correct. I think if we open up to and say then anybody has property that they can do that same logic for a general overall policy, correct.
Ms. Littlewood: If we do it the way that Jim has just suggested, that means that neither Bob nor I can discuss it at the workshop.
Mr. Mecsics: Any further discussion, Bob?
Mr. Zelazny: I would just point out that a better approach in my opinion is to establish a policy for the District because we'll vote for the Pebble Beach, Rattlesnake Lake area, but down the road we're not going to support the Hogan Rattlesnake Lake area or if we support those two in March, and then we vote again and then we don't support the Hart Lake area.
Ms. Sandy: What I was going to say is this is getting into the policy discussion that we were talking about having in March and also the area where I think that you and Angie would need to recuse yourself from discussion. So I do want to be careful.
Ms. Littlewood: Do Bob and I need to discuss this with you privately on a one-on- one maybe, so that we are clear on where we need to be rather than be discussing it now in this meeting?
Mr. Mecsics: I think just again, and I'm looking at it from two different perspectives. I'm looking at it from the three specifics and I hear what Bob is saying as well as an overall. When we look at that, I think for the three, we need that last costing of what it's going to be and what their interest is without any other influence, then we can discuss that as a whole for those three areas. More importantly, if we are going to change the policy for this Board, it does open up and we need to really talk about the financial impacts that we'll have on our budget going forward. So, Jason, we will have a workshop in March with a Board meeting right after that and we'll put this thing to rest once and for all. We'll

also discuss about the overall policy and what the impact will be on the double Board. Go ahead.
Ms. Littlewood: I'm asking Sarah is if it's an overall policy, does that mean that Bob and I can contribute to the discussion?
Ms. Sandy: No. The way it's being presented right now, no. Not as the overall policy discussion on whether the Board would do the maintenance going forward, no.
Mr. Mecsics: They can't talk about those areas for the three areas, that's the one policy on that. But the overall policy for the Board is to contribute the maintenance or whatever have you and other areas. That's the one that I think hits it mostly. Could they contribute to that, since we're no longer talking about their three specific areas?
Ms. Sandy: With the reasoning behind it, that it is individually contributing to those individual areas, and we're talking about changing the general policy of this District and doing the maintenance moving forward, that general policy discussion whether to make that change no, Angie and Bob would need to recuse themselves.
Mr. Zelazny: Then I would just go back to the last Board meeting when I recused myself. But you allowed Angie to vote on the issue. It's fine, but it resulted in a two-two vote opposed to a two-to-one vote in support of my motion.
Ms. Sandy: If I recall, and correct me if I'm wrong, the vote was specifically on Pebble Beach, correct? Is that right?
Mr. Zelazny: Correct, but in our discussions for the two months and the previous Board meeting and even at that meeting because it sets a precedent, Angie would benefit. Because the next time it comes up for Hart Lake, she has to recuse herself because she sets a precedent, because she is going to be a beneficiary of the same policy.
Ms. Sandy: I guess I just want to clarify again. I think the vote there is very important because that was specifically on Pebble Beach, and I think I've asked to clarify. Are we taking each one on a case-by-case basis? I see what you're saying that if we do it for Pebble Beach then that seems like a policy change for the Board as a whole, and it would implicate going forward. But that vote was specifically on Pebble Beach. Again to me, that is we're not taking a general vote on policy moving forward, we're doing area by area.

Mr. Zelazny: I believe the vote at the last Board meeting was for the general policy change.
Mr. Mecsics: It was not the generally, we we're still on this very specific area, Bob. Mr. Zelazny: Sorry.
Mr. Mecsics: Anymore discussion? Yes, Angie?
Ms. Littlewood: I just wanted to say I can't remember which meeting. Well, it wasn't the last one is probably the one before, but I did have to recuse myself, Bob and so did you. I didn't get a vote on the Hart Lake side and I believe which you've just said, that was the same for this last meeting.
Mr. Mecsics: What I'd like to see is for again, with the Board's concurrence, we put this on the agenda with our workshop and for our Board meeting and to make this a Board vote on this once and for all. Any other discussion? I really especially with the finances for the overall policy that will impact that greatly.
Mr. Greenwood: How do we want to advertise that? Do we want it earlier or do we want to just start the workshop?
Mr. Mecsics: We can start the workshop at let's say nine o'clock and then we can take the vote because it shouldn't be too long. I would say by 11 o'clock that we could have our Board meeting and finish it up. Sarah?
Ms. Sandy: I would suggest advertising the workshop and meeting at the same time that way you can flow one onto the other.

EIGHTH ORDER OF BUSINESS	New Business
*This item was taken out of order
Discussion of Volunteers in the District (requested by Supervisor McKie)
Mr. Mecsics: Next one here is discussion of volunteers in the District, Colette?
Ms. McKie: Some questions have come up in the past months about volunteers in the District and liability that I had perceived was covered under the joint amenity policy. We have volunteers all over. We have volunteers in the HFC. There have been volunteers to the dog parks. There are volunteer marshals for the golf course. I want to understand what the parameters are and whether we can have volunteers, because there's a question now of whether there can even be volunteers? There you go.

Mr. Mecsics: When I saw this, I talked a little bit about it to Sarah and we do use volunteers and I know we discussed a little bit about what's in the amenity policy and everything like that. But she had offered that if we need to, especially when we do use volunteers, just a waiver while they're out there. The most important thing with our volunteers is that one they take direction from either a Board member who's responsible for in that case the dog parks or Mary Bosman as the amenity managers, they take direction, but we could put that up so we will be covered that way. Is that correct?
Ms. Sandy: Correct, but a couple of concerns. There is a waiver of liability in our general amenity policy. I don't recall off the top of my head whether the policy discusses volunteers in general. That's generally geared towards people that, I would say cover volunteers, likely as well. But I think it would be better protection for the District to have a liability waiver specific to volunteering because that person is usually doing something affirmatively on behalf of the District versus just coming to our facility and using the facility. Yes, we can put together just a form waiver especially if you're doing a planting party or specific things that would be good to use. We also asked Jason to touch base with our insurance provider and make sure that our worker’s comp insurance would cover the volunteers as well because that's usually a concern. Thankfully, because we do have employees, a lot of Districts don't so they might not have that coverage but hopefully, since we do already have employees, we will have the right type of policy. Those are the general concerns and then as Jim said, making sure that they are taking direction. I want to be clear that they have to be asked by the District and report to somebody on behalf of the District, not just somebody taking it upon themselves to do something for the District.
Mr. Mecsics: Okay.
Ms. McKie: Thank you. I don't know how other people are doing it, but that's how I'm functioning with volunteers there. It's a formal request and acceptance. If you get me the forms, I can have the wetland resident volunteers and the dog park volunteers all sign them. Thank you.
Mr. Mecsics: Please do so. Make it a low-cost effort, please. Thank you.
Ms. Sandy: I did want to make sure that the Board was all on the same page.
Mr. Mecsics: I think unless we have some objections on it, I think just to cover us, I think it's just the safe thing to do.

Consideration of Resolution 2022-11 Designating the Registered Agent & Registered Office of the Lake Ashton II Community Development District Mr. Mecsics: Next is Consideration of Resolution 2022-11 designating the
registered agent registered office of the Lake Ashton Community Development District. Ms. Sandy: This is a housekeeping item as well with the change in firms for myself.
I'm just moving it to my name with the new firm and our new office location.

On MOTION by Ms. Clark, seconded by Ms. McKie, with all in favor, Resolution 2022-11 Designating the Registered Agent & Registered Office of the Lake Ashton II Community Development District, was approved.

Consideration of Resolution 2022-12, Authorizing an Amendment of the District’s Boundary (West Golf Course)
Ms. Sandy: Well, I don't know how much the newer Board members will know, Jim and Bob will know this pretty well. There are a few portions of the West golf course that is owned by Lake Ashton II, but it is located within the boundaries of Lake Ashton I. It was always the intention, in fact we put it in our inner local agreement when we bought the golf course to bring that area into Lake Ashton II. Lake Ashton I agreed to support that boundary amendment at the time. There will actually have to be two boundary amendments, one to take it out of Lake Ashton I and one to put it into Lake Ashton II. The Board members may know this. Each of the Districts was actually established by a different local government, this Board or this District was established by Polk County. Lake Ashton I was established by Lake Wales. We will have to be going to two different governmental entities. Part of what we agreed to in the inner local agreement is that Lake Ashton II would pay for Lake Ashton I costs and doing their boundary amendment. I have been working with their District counsel to put together a lot of the documents and having her review them. But we'll be trying to do as much work on our end so that this Board will have those costs covered through my efforts. Happy to answer any additional questions. With Lake Ashton I, I did prepare the initial resolution authorizing that and provided it to Jan Carpenter to review. She has made some updates and signed off on it. I think she's asking that they put it on the next agenda, their February agenda.

Mr. Mecsics: I was approached by a Board member from Lake Ashton CDD whether we would be interested in increasing that to take over Mulligan Lane to increasing that adjustment. As I said, there are considerations and I'm not sure how much doing is because they would have to be approving that as well, their Board will have to approve it. That might slow things down a little bit.
Ms. Sandy: Yeah. It's not in the resolution that's before you currently. It's also not owned by Lake Ashton II. The property that we're looking at approving the boundary amendment for we already own.
Mr. Mecsics: Okay.
Ms. Sandy: There would be also potentially costs associated with conveying that property over.
Mr. Mecsics: Any other interest in that, Bob?
Mr. Zelazny: I apologize because I was reading the document. The property changes that you're proposing here do not address the Eagle's Nest and the two lots in front of the Eagle's Nest.
Mr. Mecsics: It does.
Mr. Zelazny: Which were part of the agreement.
Ms. Sandy: What I have included were all the parcels that were identified at the inner local as being the boundary limit parcels.
Mr. Zelazny: I don't see it on your map here, but when we purchased the golf course, we purchased all of the property. When we purchased it, we withheld the three holes that are on your map here. But there was also the land that the Eagle's Nest was on and the lot in front of the Eagle's Nest that goes from Mulligan Lane to, I guess, it's Ashton.
Mr. Mecsics: What he's describing is the Eagle's Nest itself was on Lake Ashton
II. The little lot, where he had the golf cart turnaround path in front of it, that was actually Lake Ashton I. That's where we said we're going to change our boundary amendment at that time to include that whole thing. We did not include the Mulligan Road at that time we cut it off right at the curved line, and what it did was score off the entire Eagle's Nest area of the property.

Mr. Zelazny: Just to make it clear, the Eagle's Nest is 90% located in Winter Haven, 10% the balcony and the stairs on the west side is located in Lake Wales. When the purchase was done, we had to purchase the land in front of the Eagle's nest down to Dunmore. That was included in the purchase that we did not sell back to the East, and so that has to be part of this agreement that we're working.
Mr. Rayl: There are a few parcels, the golf course holes where you're speaking of and there's a sliver on the South side of the RV storage. There's a sliver across the street parking lot of Mulligan. I was trying to find any of my emails here, but all of those things are included in this.
Mr. Zelazny: We are all included in the discussions on purchasing, and reselling the property back. Because the intent was when we were all done, the West would have an 18-hole golf course with all of its facilities, if something happened on the East, so it all needs to be included.
Ms. Sandy: I want to be clear. You looked at that boundary amendment parcel description attached to the resolution, and you don't think it includes what you're describing?
Mr. Zelazny: I'm just looking at page, whatever it is on your document. Ms. Sandy: There are four different parts.
Mr. Mecsics: That's the one over by the maintenance area. Mr. Zelazny: That is the sliver?
Mr. Mecsics: Yes.
Mr. Zelazny: I'll just have to flip through everything on the Palm Pilot instead of my notebooks. I'm good now. It's all covered on them next four documents.

On MOTION by Mr. Mecsics, seconded by Ms. Littlewood, with all in favor, Resolution 2022-12 Authorizing an Amendment of the District’s Boundary, was approved.

Discussion of Meeting Decorum (requested by Supervisor Mecsics)
Mr. Mecsics: Bob, I know you wanted to talk about some stuff on the budget. So you take it at this point because I have one more after that.

Mr. Zelazny: Just a quick review of the budget, if you have the document in front of you. Highlights are there are additional contributions identified as Rattlesnake Lake, which is $11,663. That's the change in revenue. Under admin, it shows that we're $45,000 to the good. That's primarily due to the fact that we haven't been billed any legal fees associated with the boundary amendment. But obviously they're doing work now, so that should kick in starting in the next month. In the field portion of the budget engineering is over. But as we discussed at the last meeting, it was probably the busiest quarter we've ever had in terms of Alan and having his people come. Those costs should come down over the next couple of months because really it's primarily focused on overseeing and supervision of the cart paths, the flumes, and the septic tank and those projects. That's very good. Gate guards continues to be over by about $5,000. That is concerning because we're looking at an additional $15,000 in salaries for the rest of the year for the gate guards. Salaries for employees, again, is under, and that is to be expected because of how we built the budget. But we should expect a $23,000 increase in personnel salaries for the remainder of the year because that kicked in in January. So you can see a little uptick in the January personnel numbers, but you'll see that increase the rest of the year. You'll see a Rattlesnake Lake expense under field for $11,663, which wipes out the contributions. Under the capital, capital projects are all in line. There has not been any significant change since the last time, in terms of completing any projects and closing out accounts, we did have a heater problem in the pool which has been replaced. As you know, that was in the budget and was in the reserves study for this year. So that does not create any issues. One area that is a concern, of course, is legal. Going again, we are over in legal. When you review the invoices, the work that they do for us is all in keeping. We do need to figure out a way on how we can get the cost of meetings down. Just last month, I know we had an extensive meeting. It was $2,900 for one meeting, which pales because the rest of the stuff for the month, all their legal work for us was somewhere around $800. We need to figure it out if we do better scheduling of our meetings and things like that, do a tremendous job. They are right on track this year, by the way, in terms of their legal bills that they've sent in, but we need to try to figure out how we can bring that down a little bit going forward. Other than that, I think the budget looks very good. We have money in the capital budget if there are some initiatives that we want to

pursue this year or wait till next year. I think we're in a pretty solid position. Like I said, the spreadsheet we did last month has not changed appreciably. I think we're pretty good unless anybody has any questions.
Mr. Mecsics: I looked at the security and the entry control or the gate guards and there has been no change. So I think there's something going wrong in our accounting system. Mary, would you please take that on because I approve each one of those expenditures every month and it has not changed. Either the baseline was not adjusted to our earlier budget or whatever happened, but that needs to be corrected because it's not over.
Mr. Zelazny: Just one last thing. If you look at the landscaping contracting under the field budget, it had an appreciable increase this month and that's because they put a landscaping replacement bill under that line, which is going to have to be moved back over to landscaping replacement under the capital budget so that we can keep the general fund budget in line. It hasn't been an uptick in the contract that Colette negotiated, which is saving us about $2,000 a month. I think there was almost $8,000 that went into that account. That's got to be moved over to capital, which was reflected in the capital spreadsheet I gave you at the last meeting.
Mr. Mecsics: Thanks, Bob. Mary, do you want to add anything? I just want to say again, I've said this many times, Bob, you've done yeoman's work in all this and if you had walked past that office he was in there sweating blood. I really appreciate that. In fact, when we had the heater in the room here on the pool go out, it wasn't a major concern because we had the money budgeted for it. I know I had someone come up to me and say, "Well, if it's passed its lifetime, why don't you just replace that?" I looked I said, "Well, if it's still working, why would you?" I said, "It's like your air conditioning system. It's still working. Why would you replace it if it was passed its life cycle? You replace it when it breaks. Good job. Thank you. Ma'am?
Ms. McKie: I'd like to understand Bob, just addressed the budget. I thought Mary was doing the finances. I'd like to understand if there is a separation there.
Mr. Mecsics: This is in the transition period. Ms. McKie: Thank you.

Discussion of Future Meetings & Workshops (requested by Supervisor Mecsics)
Mr. Mecsics: I'll take my one left here is you all have seen the Lake Ashton Community Committee about the development that's going on around Lake Ashton and the impact it's going to have on this community and the transportation systems around that. Mr. Costello from Lake Ashton, and myself, went to one of their Board meetings or one of their meetings specifically to look at it. It's amazing how much infrastructure is going to be impacted on that thing. What they've asked us, is for both CDDs to write or have a letter to these various Boards just expressing our concern of the impact on the transportation systems and traffic and all that. What I've proposed to do is to give those letters that they've asked is we give it to our lawyers for their legal review, and then would you check with Jan on the Lake Ashton I letter so we can have similar letters going out to these various different Boards. There's the Board of Education, there's the County Commissioners. But I will tell you, after looking at that picture and that map that they did, this whole community, this whole area is going to change dramatically. Adjust your traffic and transportation, so if you take that on for me, I'd appreciate that. Yes, ma'am?
Ms. Clark: In alignment with that, I don't know if you all received it, but I received an email from a resident with some concerns regarding green and fencing and things like that. I think that that is also something that we as a community need to look at and budget, accordingly. The landscape is changing, and so we're going to have to make sure that we change with it and protect the other residents and their property.
Mr. Mecsics: I've been working on that specifically on Green and Wing Foot where they're going to be putting in all those homes. I am working on a proposal that we had to do for budgeting and upgrading that fence line out there because it's really nothing more than just a normal fence line. Yes, ma'am?
Ms. Littlewood: I actually spoke with Alan about that this morning because I wrote back to the resident and said I would mention it at the meeting, but you've done that. I'm going to send Alan the plat map that she sent to us because Alan, you said you thought there might be something on Traditions where they may be building a wall or something. Mr. Mecsics: Since that falls under security and defense line and all that, Alan and
I will be talking about whether we upgrade the fence or something more than that. Absolutely.

Mr. Zelazny: Just to be clear, my question was who was going to take the lead, Colette or I? But I understand you're going to take the lead on the fence behind Green?
Mr. Mecsics: Yes. Any other things on that?
Mr. Zelazny: The fence is in the reserves study for replacement based on time. The money is not there if we have to do what we did along 11, which was get it straight and fix it and stuff like that. That's just like an operational thing, but the replacement is in the reserve study, but it's out from well past that. To change the type of fence and the material, I think would be cost prohibitive, but that's for you to take the lead.
Mr. Mecsics: Well, what I'll do is I'll define from a security perspective which would be well, and then we can discuss it whether we want to upgrade it or wherever.

TENTH ORDER OF BUSINESS	Staff Reports
*This item was taken out of order
A. Attorney – Property Line Adjustment
Mr. Mecsics: I don't think we have any more on here. Staff reports?
Ms. Sandy: I don't have anything else to report to the Board unless there are questions.

EIGHTH ORDER OF BUSINESS	New Business
*This item was taken out of order
Consideration	of	Amendment	to	Professional	Engineering	Services Agreement with Rayl Engineering & Surveying, LLC
Mr. Greenwood: No, we skipped over a few things. It was the amendment of the professional engineering services agreement. Is that correct?
Ms. Sandy: I think this was actually approved by the Board at the last meeting. This is just an update to the rate schedule. We just drafted a form agreement to update it. I don't think it actually needs to be approved by the Board.
Mr. Mecsics: I'm sorry, I apologize. We have Section I and J. Mr. Greenwood: Yes.

Dog Areas Update (requested by Supervisor McKie)
Ms. McKie: Section I is the dog areas. Pebble Beach and Winged Foot both have three resident volunteer coordinators. We're keeping in constant contact. Last month, an

estimate was given from Unlimited in regards to extending the paver area in Winged Foot dog park. I remember that the Unlimited company was the highest bid for the landscaping on the Seven Islands. That prompted me to ask Fox Hollow for a bid. They came out, and they looked at that area and I also asked them to look at the entry paver area because the dog owners, had hoped that the CDD would pay for improvements to that area. I told them that we needed an estimate. Fox Hollow came back with an estimate that included the extension of the pavers that had been on the Unlimited. It also included ground cover around the trees that had not been on Unlimited and it had included sod around the new pavers that had not been included in the Unlimited. It also included the repairs of the entry, and included five feet of sod around the entry, once it is repaired, for the same price that Unlimited had given for that one smaller area. It remains $4,300. The donor of that
$4,300 has given a 50% deposit for Fox Hollow. It was submitted to the HFC and it's in process. Now the pavers, because of supply issues that we're all familiar with, it's an 8- 15 week wait for pavers. I'll keep you all in touch with that. Prince was here Monday with the intent of doing all of the irrigation repairs on both dog areas. However, there was never a time when there were not people there. They're going to set two days where they would do one area and then the next day the other area and the parks would be closed. Also because we have a once-a-month inspection now, they're suggesting that a date every month to be set for the dog areas to be closed for a certain period of time, so that they can do their inspection because they have to turn the water on and off to see what's working. That's the update.

Discussion of Hedges Behind HFC Along Cart Path (requested by Supervisor McKie)
Mr. Mecsics: Thank you. Do you have the discussion on the hedges behind the
HFC?
Ms. McKie: Yes, I was contacted by the HFC a couple of weeks ago, they asked
to look at the hedges behind the HFC that runs along the cart path. Those hedges are original, they're very old, they're getting very woody. They're very difficult to trim, and the last time Fox Hollow tried to trim them, they couldn't finish or do the work because there were so many hornets nests in there. Fox Hollow made me aware that they were concerned with the narrowness. If people in golf carts or walkers or bicyclists rub against

or disturb the hedges, they could be swarmed by hornets. That is a potential liability on our part. With the low degrees that we've had in temperature, the hornets die the Queens borough, and they will build new hives in those bushes in the spring. I gave you the estimate from Fox Hollow with pulling out all of the hedges. There is an estimate of just pulling them out, and there's an estimate if we want to put mulch along where they had been pulled out or leave them in dirt for a period of time. I don't know if we may want to just leave them blank without any planting. We just don't know. We've never seen them without it, but it will open up that whole area so that there's more visibility and you don't feel closed in and rub your cart tires against the border there on the right.
Mr. Mecsics: Go ahead, Angie.
Ms. Littlewood: You said the mulch Colette, if they look okay without the hedges, instead of just putting mulch in there, could we not put river rock in, which doesn't wash away so much and doesn't need replacing so often?
Ms. McKie: I could certainly get an estimate. It will probably be more expensive. We don't know what we're going to have. That's my concern, is we don't know what will be dealing with because it's never been blank before. I would suggest, rather than making a decision one way or the other, if the Board doesn't want mulch and wants rock, that we wait and let it be blank for a period of time before we make that expense. Since that
$8,000 is going into landscape replacement, this is not landscape replacement and I would not have the funding in the landscape replacement to do this work anyway, so it would need to probably come out of other capital projects.
Ms. Clark: I was just going to say that my opinion would be to just remove the hedges and then see where we are. I agree mulch is probably not the best answer because it is going to run away. But I would be concerned about rock too because if that gets in the cart path then that's an issue so that's just my two cents.
Mr. Mecsics: Bob?
Mr. Zelazny: I'm just looking at the proposal, and it appears that it's much more than just taking out the plants that are along the cart path and the tennis court. This is removed around the pickleball and the tennis courts to the walkways into the side entrance. Remove them from outside of the rose garden to the hot tub. I think I would prefer to have a better understanding of the project before I voted on it. I'd like to if we

could just put it on the workshop and next month, as we talk about, what the total landscaping bill is going to be from the dog parks to this. I can't conceptualize in my head how much stuff that's coming out.
Mr. Mecsics: Do you have any other further discussion on that?
Ms. McKie: I think we want to be aware of not taking them out and the liability with the hornets. I don't know. I will do my best to have an overall, but we're trying to do things in steps. I don't know that I'll have an overall next year proposal by March.
Mr. Mecsics: Why don't we focus in on where we were talking about or where the hornets are at, and some of that area where the visibility is along the way behind the back there. Just focus on that right now.
Ms. McKie: Okay.
Mr. Mecsics: Then phase them with this other stuff.
Ms. McKie: One line along the tennis courts, those are mostly dead anyway. They're not adding a lot of cost. If you go look at them, there's stumps with a few leaves, and so that's not adding to the cost, it's removing the viburnum. Some of the hedges and I forget the name of them, but the viburnum that runs along the side is all old and I think just leaving it to see what we have to deal with, would be the best thing.
Mr. Mecsics: Go ahead.
Ms. Littlewood: I get where Bob is coming from and about discussing in the workshop. I get where you're coming from about a hornet's nest. But can they not just spray them at the moment until we can get a better understanding and discuss it more? Can they not just spray them for the hornet's nest? I know that it can be done because it was done at a church that I go to. There was a plant there where there was a hornet's nest and my granddaughter got stung because she brushed against it, and they came out and sprayed it.
Ms. McKie: They did spray in the past and they're very difficult to see and to find.
It's up to the Board. I'm presenting what I have.
Mr. Mecsics: Why don't we research our entomology people that spray the nests as an interim and find out how much that costs to spray the bushes that have the hornet's nest. Is probably not going to erase them all together, but for right now until we have our

workshop and our next meeting, then we can do something at least to alleviate the immediate spread of the hornets. Mary, can you take that on for me?
Ms. Clark: Yes.
Mr. Mecsics: Go ahead. I'm sorry Colette.
Ms. McKie: That's fine with me. It was the HFC who brought this to me, I didn't initiate it.
Mr. Mecsics: No, and that was a concern there on it. Good point. But if we can do that, alleviate the threat of the bugs and then work on what we want to do to it permanently correct it, then that'll be a bit better.
Mr. Zelazny: Yes, two quick questions Colette. One, if the $1,850 to remove the viburnum, is that to take them all out? Or and if we don't take as many out, does that price go down?
Ms. McKie: I would think so and we don't want it to look stupid either.
Mr. Zelazny: The only other question is I hesitate to when I read that it says, we're not responsible for any broken sprinklers since we just paid them to repair and fix all of our sprinklers.
Ms. McKie: Well that happens with any landscaping removable or putting in plants.
We've had that stipulation on everything we've done.
Mr. Mecsics: Again, we can discuss this more in depth, the whole project at the workshop. But right now, is to alleviate the insect problem. Who's our insect person? Can Florida Pest come out and spray them? I think that I can put that under my emergency. Did you have something on the pickleball courts?
Mr. Zelazny: Yes, I do. Remember at the last meeting there was a contingence from the Pickleball Association that was asking for us to look to redo the courts. Mary had a couple of questions. I attempted to get those questions answered for this meeting. The first question is the best time to put in a pickleball court is between 60 degrees and 110 degrees temperature. It could be anytime here. I did go out and I have three bids to resurface to pickleball courts; one is $7,900, one is $7,937, and one is $13,000. We have one other company who's coming in next week to give us a bid. The lead time to put in a court is approximately 12 weeks if we decide to do that. Just in terms of perspective, the reserve study had two of the pickleball courts being replaced last year or this year, the

Board made a conscious decision to move that till next year. Then the following year, the two new courts were in the reserve study and they were put in at $8,000 for two courts. Varsity who put in the second two courts or the last two courts are at the $7,937, so we can get all four courts done for the same price that the reserve study reflects two courts to be done. Obviously, we save money by doing both courts at the same time. The varsity courts, within the last year, their bid has gone up by $1,000. You can see that costs continue to go up the longer you delay. At the next workshop if we look at it and we decide that it would be prudent to go ahead and do it this year, the money is in the reserve study and potentially in the budget for next year so that it would not have an impact on our bottom line as an unanticipated expense. I will tell you that all three companies that came out said that our courts are not unsafe, they're not unplayable. There are minor things that we could do. We could do some patching. James has already patched the couple spots where the roots have come up. We can continue to do that or we could go ahead and upgrade them and do the ceiling and everything at one time. Again, we'll have a fourth bid in for the March meeting. If we decide to do it, and move it up two months, we can take advantage of this contract, get it done, and it won't affect next year's budget, or really this year's because it's under the $8,000. If you have any questions?
Ms. McKie: We spent $5,600 on the pole at the bottom of the fence to stabilize it. How much did we spend on the netting? That is very expensive. I don't know. Now we're talking about another $8,000. Since spring, I've been asking that the pickleball court have a line item and each dog park have a line item so we know what we have spent and what the budget is. I have a problem in considering moving ahead because prices are going to go up on pickleball stuff when there's been zero spent on Wing Foot. I think, what, $1,300 last year for the pole along their fence. We need to equalize it out more for amenities and know what we have spent and what we intend to spend.
Mr. Zelazny: Well, we're trying to capture all of the pickleball costs. Mary has been working on that for a couple of weeks and we need to do that. Sharon can put in a line for pickleball and dog parks. That's relatively easy. Then we have to move some things to do that. It is important to get visibility because we spend an awful lot of money supporting activities that the residents don't understand. They think it's just this or just that. Unfortunately with the courts themselves, that's a structural issue. But again, they're not

unsafe, they're playable. The primary issue is cosmetics and with the fading of the color and the bird bath on Court 4. Today I'm not advocating that we should do this, I'm saying that it's in the budget next year to fix two. There are funds available that we could move it up if we feel that we want to do that and we can get four for the price of two. Really I leave it to you for the workshop. I will provide you with the fourth proposal that comes in. But especially given the fact that it's a 12 week start time, we could very quickly be into the rainy period, which would make it a little more difficult to put it in. But you can see that there are degrees of warranty work associated with all of them. The degree of specificity in each one of the efforts is different. Again, today not to ask for a decision, but for you to review it. If you have questions, send them to Jason and I will try to get them answered before the workshop. But anyway, I don't know if I answered your questions that you had or if anybody else has?
Mr. Mecsics: Colette has a question.
Ms. McKie: Thank you for saying that there are aesthetic issues considering funding. That means that we can consider funding aesthetic improvements elsewhere.
Mr. Mecsics: Well, no. I don't think he said it was an aesthetic question. Ms. McKie: He did.
Mr. Mecsics: Well, what he said was the courts themselves to do things for aesthetic standard but by the reserve study, they're already entering to that period of time when they need to be resurfaced.
Ms. McKie: Well, yes, but we talked about doing that October-ish. Mr. Mecsics: Well, that's true.
Ms. McKie: Yeah.
Mr. Mecsics: I mean, again, I think what he's saying is that we'll have it for the workshop. We can discuss that then and then maybe if we find that we could save the money previous to that, the money will be there in the budget and we can vote on it that time or push it further on down the line.
Ms. McKie: Okay.
Mr. Mecsics: Okay. Yes, ma'am?
Ms. Littlewood: Sorry, I had to go out to the bathroom there. But when I came back, I heard you mention some root damage. Is it some root damage to those courts?

Mr. Zelazny: Yeah. If you go out there, there are some spots where the grass and stuff has started to come through the asphalt, grass and twigs or whatever that have come up. James has fixed one or two spots, but that's really the primary problem on courts 3 and 4, other than the bird bath. Again, it's not a safety issue, it's not a critical issue. It is in the budget scheduled to be done next year. It was originally scheduled for this year. But because we were unsure of what the budget was going to look like, we put it off along with some other things, as you remember. We took a lot of the gym equipment and spread it out over four years versus one year. We've got the budget under control. The budget next year, the proposed budget, what is available if you looked at the spreadsheet last month, is that all of the items that are in the reserve study previously and next year, are funded. Our funds are available to cover that. That includes the $8,000 for this particular project.
Mr. Mecsics: Going into the new fiscal year of October but having understanding of the spool up time of the engineering to come in, I think that all plays into if we want to hit the October time frame, especially with weather. We're going to have to do it prior to the October time frame. But this is all stuff that we need to discuss at the workshop.

TENTH ORDER OF BUSINESS	Staff Reports
Lake Ashton II Community Director (to be provided under separate cover)
Ms. Bosman: Good morning. The health and fitness center is alive and well. We've done a lot in the past four weeks since we had our last meeting. On January 24th, the Florida State Health Department inspected our pool and our spas. We got an A-plus rating, and he said he's rarely seen a cleaner pool, so that was very nice for him to say that. February 4th, we had a karaoke party here. February 11th, we had Valentine's dance here. Both were very successfully done, and socially and financially, was very good as well. I thought I'd mentioned our ice cream that we have on Fridays. We have a low intake of $30 and up to $120, so those are profitable as well. The replacement of the floors is completed in the sports court in the racquetball court. I'd like to thank Supervisor Mecsics for coming over here. One evening, I had three residents march into my office and say the lines are off in the sports court and they were, so I called Mr. Mecsics and he left the entertainment series to come over here, and he made a real tough decision, but it was the right one for them to re-sand the floors and get those lines like they were supposed

to be. Thank you for that. The walls prior to the floors being laid down were painted. We had paint that we had, and we only had to buy a gallon, I believe or so. So that was a minimal cost to us. Scot-free bumpers have been put on the legs of designated tables and chairs so that we can multipurpose that sports court like we used to do so status quo, as far as that, we're working on problem-solving with a specific group to allow them to get their activity back here in the health and fitness center. The 10th annual health and fitness expo was a big success. We had 35 vendors and over 350 persons attending, and those were primarily Lake Ashton residents. I saw one or two or maybe realistically 5-10 outside persons attending, but the vendors really appreciate that opportunity that they have and the residents, of course, benefit from that. Pickleball tie-downs were replaced due to a recent storm and just for a little reality check, one bag of those tie-downs for the pickleball courts is $90. To do the tie downs, it takes two people two days to do them. It's all manual labor and poor James’ hands, he couldn't even move his hands after that second day. A replacement windscreen is being ordered at this time. OnSpot Dermatology is a mobile unit that will be coming to the parking lot here on February 21st. That is a very accommodating unit. It's not just a trailer. It has pull-outs for 3-4 private exam rooms in itself. It's pretty cool for our residents. We have a new activity called cardio kickboxing. It's becoming very popular and the residents like that. A replacement ping-pong table was purchased and the residents are enjoying that. The broken one was unfixable. It basically just everything got worn out on it. You can't screw in something that's, I don't know what the term is and James isn't here, stripped, I believe it is. It was unfixable. James had fixed it probably two or three times and so I would like to ask for the old one to be taken off the inventory so that we can toss that out.
Mr. Mecsics: Can we take care of that, please? We'll surplus the old ping-pong table and get rid of it.
Ms. Bosman: Thank you. Another weekly bible study group is formed and is meeting at the HFC. Yesterday, I had a meeting with Lake Ashton Garden Club, and they are taking us on as a project. Our pool area will have potted plants and not just the initial putting of the plants in there for beautification purposes, zero cost to us. They're going to do the maintaining of that as well, so I look for something quite nice looking in there. We had a nice meeting yesterday. Any questions?

Mr. Mecsics: Mary, I just want to say thank you. You guys work very, very hard, and James and crew and then Karen, the whole crew, you just work very hard, and really kudos on the dances and the karaoke, because that brings in some good money for us. We don't have to worry too much about weddings and we're doing karaoke still. Anything else? Great. Thank you.
Ms. Bosman: Thank you.

District Manager’s Report
Mr. Mecsics: District manager, Mr. Jason.
Mr. Greenwood: I've interacted with most of you throughout the month since the last meeting. I have a couple of other items on my list that we hopefully have addressed at our workshop. On a side note, Sharyn has been working with Bob with the financials and whatnot. Mary, you've taken on the roll.
Ms. Clark: Yes.
Mr. Greenwood: You got a lot to live up to. Bob was very on point. Other than that, congratulations obviously with the bond refunding. Sarah and everyone worked extremely hard putting that together and you guys are in a good position with that. If there weren't any questions for me, I'll be looking to move into the financial reporting at this point.

ELEVENTH ORDER OF BUSINESS	Financial Report
Approval of Check Register
Mr. Mecsics: Next is the check register.
Mr. Greenwood: If there weren’t any questions, as part of your agenda, you have the approval of the check register. You have the combined balance sheet and special assessment receipt schedule.

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

Combined Balance Sheet
Special Assessment Receipts Schedule
Mr. Mecsics: You went through the combined balance sheet and the special assessment receive schedule.

TWELFTH ORDER OF BUSINESS	Supervisor Requests
Mr. Mecsics: Supervisor requests. Yes ma’am? Ms. Littlewood: I just have one thing. I know that the COVID has been up and down. But I get worried about the staff having to wear masks all day. I just wondered if you could look at that and if when there's no one there if they could take the masks off.
Mr. Mecsics: Angie, in fact, I don't want to say this, but I think you read my mind but you don't want to go into that area of my brain. But no, I've been watching the COVID is making a dramatic downturn. I know that there is debilitating effects with that. I wanted to look at the numbers one more week and then we'll make a decision as far as taking care of where we really need to have the staff either wearing the mask or not wearing when there's nobody around.
Ms. Littlewood: It's just all-day.
Mr. Mecsics: It's tough. Thank you.

THIRTEENTH ORDER OF BUSINESS	Public Comments Mr. Mecsics: Anything else? Any further public comments? Ben Hodgers: Why no answers to my questions?
Mr. Mecsics: You can talk to the staff. This is not a workshop, so the staff will work with you on your questions.
Mr. Zelazny: I'll make myself available after the meeting, you can come up and talk

to me.

Mr. Mecsics: Angie, did you have one more comment?
Ms. Littlewood: Sir, I didn't get your email. If you'd like to resend me your email so

that I can understand what it is that you're talking about, I'll be happy to look at your email, but I didn't get it. You can get my email address from Mary.
Mr. Mecsics: Any other public comments? Good meeting everybody. Good meeting today. We're at that point in time.

FOURTEENTH ORDER OF BUSINESS	Adjournment

On MOTION by Ms. McKie, seconded by Ms. Clark, with all in favor, the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

SECTION VIII

SECTION A

RESOLUTION 2022-13

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT RATIFYING, CONFIRMING, AND APPROVING THE SALE OF THE LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS, SERIES 2022; RATIFYING, CONFIRMING AND APPROVING THE ACTIONS OF THE CHAIRMAN, VICE CHAIRMAN, TREASURER, SECRETARY, ASSISTANT SECRETARIES, AND ALL DISTRICT STAFF REGARDING THE SALE AND CLOSING OF THE LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT REVENUE REFUNDING BONDS, SERIES 2022; AND DETERMINING SUCH ACTIONS AS BEING IN ACCORDANCE WITH THE AUTHORIZATION GRANTED BY THE BOARD; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Lake Ashton II Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated in Polk County, Florida; and

WHEREAS, pursuant to Chapter 190, Florida Statutes, the District is authorized to construct, install, operate and/or maintain systems and facilities for certain basic infrastructure and other infrastructure projects and services necessitated by the development of, and serving lands within, the District; and

WHEREAS, the District on January 6, 2022, approved a commitment letter constituting a proposal from Hancock Whitney Bank, for the purchase of the District’s $3,245,000 Lake Ashton II Community Development District (Polk County, Florida) Capital Improvement Revenue Refunding Bonds, Series 2022 (the “Series 2022 Bonds”), at the terms and conditions provided therein; and

WHEREAS, the District has previously considered and adopted a number of resolutions relating to the issuance of the Series 2022 Bonds and the imposition of special assessments securing the Series 2022 Bonds, including, but not limited to, Resolutions 2005-14; 2022-09; 2007-01; 2007-02; 2007-05; and 2022-10; and

WHEREAS, the District, on February 22, 2022, closed on the sale of its Series 2022 Bonds; and

WHEREAS, as prerequisites to the issuance of the Series 2022 Bonds, the Chairman, Vice Chairman, Secretary, Treasurer, Assistant Secretaries, and District Staff, including the District Manager, District Methodology Consultant, and District Counsel, were required to execute and deliver various documents including, but not limited to: a Fourth Supplemental Trust Indenture; an Escrow Deposit Agreement; an Amended and Restated Notice of Series 2022 Assessments; a specimen of the Series 2022 Bonds; various certificates of the District; an Order to Authenticate

and Deliver the Series 2022 Bonds; a Certificate of the Methodology Consultant to the District; an Assessment Allocation Report for the Series 2022 Bonds, dated February 18, 2022; opinion of counsel to the District; and Internal Revenue Service Form 8038-G (collectively, the “Closing Documents”); and

WHEREAS, the District finds that the sale, closing, and issuance of the Series 2022 Bonds was in the best interests of the District, and the District desires to ratify, confirm, and approve all actions of the District Chairman, Vice Chairman, Secretary, Treasurer, Assistant Secretaries, and District Staff in closing the issuance of the Series 2022 Bonds; and

WHEREAS, the District has incurred or will incur certain expenses in finalizing the sale, closing, and issuance of the Series 2022 Bonds, the costs of which are reflected in Exhibit A attached hereto (the “Costs of Issuance”); and

WHEREAS, the District finds the expenses incurred in finalizing the closing and issuance of the Series 2022 Bonds to be reasonable and in the best interests of the District, and the District desires to ratify payments made in relation to the closing and issuance of the Series 2022 Bonds.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.  The sale, issuance, and closing of the Series 2022 Bonds and the adoption  of resolutions relating to the Series 2022 Bonds under the terms and conditions set forth therein serve a public purpose and are in the best interests of the District and are hereby ratified, approved, and confirmed.

SECTION 2. The resolutions levying and imposing the special assessments securing the Series 2022 Bonds remain in full force and effect and are hereby ratified and confirmed in all respects.

SECTION 3. The actions of the Chairman, Vice Chairman, Secretary,  Treasurer,  Assistant Secretaries, and all District Staff in finalizing the closing and issuance of the Series 2022 Bonds, including the execution and delivery of the Closing Documents, and such other certifications or other documents required for the closing on February 22, 2022, are hereby ratified, approved, and confirmed in all respects. Copies of the specimen of the Series 2022 Bonds; the Escrow Deposit Agreement; IRS Form 8038-G; Amended and Restated Notice of Assessments; and Hancock Whitney Bank’s commitment letter are attached hereto as Composite Exhibit B. Said documents are specifically ratified, confirmed, and approved in all respects.

SECTION 4. The Costs of Issuance listed in Exhibit A to this Resolution reflects reasonable costs that have been or will be incurred in finalizing the sale, closing, and issuance of the Series 2022 Bonds necessary for financing the installation and construction of District infrastructure. The costs reflected in Exhibit A are hereby ratified and approved.

SECTION 5. 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 of this Resolution not held to be invalid or unenforceable.

SECTION 6.	This Resolution shall become effective upon its passage.

PASSED AND ADOPTED this 18th day of March, 2022.

ATTEST:	LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	James Mecsics, Chairman

Print Name

EXHIBIT A

Costs of Issuance:

Fee Description	Amount	
District Manager	$15,000.00	
Assessment Consultant	$15,000.00	
District Counsel	$38,500.00	
Bond Counsel	$35,000.00	
Trustee	$6,725.00	
Trustee's Counsel	$6,500.00	
--	Verification Agent	$2,000.00	
	Bank's Counsel	$7,500.00	
Placement Agent Fee	$50,000.00	
Contingency	-	$5,000.00	
Total Costs of Issuance	$181,225.00	

COMPOSITE EXHIBIT B

Initial Interest Rate 1.7676%

 	Maturity Date	 		Dated Date	 May 1, 2023		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

ONE HUNDRED SEVENTY THOUSAND DOLLARS

LAKE ASHTON II COMMUNITY  DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District") , for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15 th ) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

 	Initial Interest  Rate	 	Maturity  Date	 		Dated Date	 2.0058%			May 1, 2024		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

ONE HUNDRED SEVENTY THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th ) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

 	Initial Interest Rate	 	Maturity Date	 	Dated Date	
2.1526%	May 1, 2025	February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

ONE HUNDRED SEVENTY-FIVE THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th ) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

Initial Interest Rate 2.2692%

 	Maturity Date			Dated Date	 May 1, 2026		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

ONE HUNDRED EIGHTY THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY  DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th ) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

Initial Interest Rate	 	Maturity Date	 	Dated Date	

2.3716%

May 1, 2027

February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

ONE HUNDRED EIGHTY-FIVE THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY  DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Busin ess Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Dat e for such interest, which shall be the fifteenth (15th ) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

 	Initial Interest  Rate	 	Maturity  Date	 		Dated Date	 2.4624%			May 1, 2028		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

ONE HUNDRED EIGHTY-FIVE THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th ) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under claus e (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment , appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

Initial Interest Rate 2.5456%

 	Maturity Date	 		Dated Date	 May 1, 2029		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

ONE HUNDRED NINETY THOUSAND DOLLARS

LAKE ASHTON II COMMUNITY DEVELOPMENT  DISTRICT,  a  community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15 th) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

 	Initial Interest  Rate	 	Maturity  Date	 		Dated Date	 2.6237%			May 1, 2030		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

ONE HUNDRED NINETY-FIVE THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

Initial Interest Rate 2.7000%

 	Maturity Date	 		Dated Date	 May 1, 2031		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

TWO HUNDRED THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th ) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

 	Initial Interest  Rate	 	Maturity  Date	 		Dated Date	 2.7743%			May 1, 2032		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

TWO HUNDRED TEN THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY  DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immedia tely preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment , appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

 	Initial Interest Rate	 	Maturity Date	 	Dated Date	
2.8400%	May 1, 2033	February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

TWO HUNDRED FIFTEEN THOUSAND DOLLARS

LAKE ASHTON II COMMUNITY  DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th ) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

 	Initial Interest  Rate	 	Maturity  Date	 		Dated Date	 2.8990%			May 1, 2034		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

TWO HUNDRED TWENTY THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY  DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th ) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

 	Initial Interest Rate	 	Maturity Date	 	Dated Date	
2.9527%	May 1, 2035	February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

TWO HUNDRED TWENTY-FIVE THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY  DEVELOPMENT  DISTRICT, a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

Initial Interest Rate 3.0028%

 	Maturity Date	 		Dated Date	 May 1, 2036		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

TWO HUNDRED THIRTY-FIVE THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY  DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th ) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

 	Initial Interest  Rate	 	Maturity  Date	 		Dated Date	 3.0491%			May 1, 2037		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

TWO HUNDRED FORTY THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY  DEVELOPMENT  DISTRICT, a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the  Tru stee , which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

Initial Interest Rate 3.0928%

 	Maturity Date	 		Dated Date	 May 1, 2038		February 22, 2022

Registered Owner: Principal Amount:

HANCOCK WHITNEY BANK

TWO HUNDRED FIFTY THOUSAND DOLLARS

LAKE ASHTON II  COMMUNITY  DEVELOPMENT  DISTRICT,  a community
development district duly established and existing pursuant to Chapter 190, Florida Statutes (the "District"), for value received, hereby promises to pay (but only out of the sources hereinafter mentioned) to the registered Owner set forth above, or registered assigns, on the maturity date shown hereon, unless this Bond shall have been called for redemption in whole or in part and payment of the Redemption Price (as defined in the Indenture hereinafter mentioned) shall have been duly made or provided for, the principal amount shown above and to pay (but only out of the sources hereinafter mentioned) interest on the outstanding principal amount hereof from the most recent Interest Payment Date to which interest has been paid or provided for or, if no interest has been paid, from the Dated Date shown above on May 1 and November 1 of each year (each, an "Interest Payment Date"), commencing on May 1, 2022, until payment of said principal sum has been made or provided for, at the interest rate per annum set forth above, as adjusted as provided in the Supplemental Indenture (hereinafter defined). Notwithstanding the foregoing, if any Interest Payment Date is not a Business Day (as defined in the Indenture hereinafter mentioned), then all amounts due on such Interest Payment Date shall be payable on the first Business Day succeeding such Interest Payment Date, but shall be deemed paid on such Interest Payment Date. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in the Indenture (hereinafter defined), be paid to the registered Owner hereof at the close of business on the regular Record Date for such interest, which shall be the fifteenth (15th ) day of the calendar month preceding such Interest Payment Date or, if such day is not a Business Day, on the Business Day immediately preceding such day; provided, however, that on or after the occurrence and continuance of an Event of Default under clause (a) of Section 902 of the Master Indenture (hereinafter defined), the payment of interest and principal or Redemption Price shall be made by the Paying Agent (hereinafter defined) to such person who, on a special record date which is fixed by the Trustee, which shall be not more than fifteen (15) and not less than ten (10) days prior to the date of such proposed payment, appears on the registration books of the Bond Registrar as the registered Owner of this Bond. Upon a Determination of Taxability (as defined in the Supplemental Indenture), the interest rate shall be subject to adjustment pursuant to Section

Bond at the close of business on the fifteenth (15th) day of the calendar month next preceding such payment or, if such day is not a Business Day, on the Business Day immediately preceding such day. Payment of interest shall be made by check or draft (or by wire transfer to the registered Owner set forth above if such Owner requests such method of payment in writing on or prior to the regular Record Date for the respective interest payment to such account as shall be specified in such request). Interest on this Bond will be computed on the basis of a 360-day year comprised of twelve (12) thirty (30) day months. Presentment of this Bond shall not be required for payment of principal or interest so long as the Bank (as defined in the Supplemental Indenture) is the registered Owner thereof; provided, however, that upon any partial redemption of this Bond in accordance with the Indenture, such portion of this Bond so redeemed shall be cancelled without physical surrender of this Bond by the registered Owner thereof. Records of all such redemptions shall be maintained by the Bond Registrar and shall be the basis for the principal amount of this Bond actually Outstanding at any given time. Capitalized terms used herein and not otherwise defined shall have the same meaning as set forth in the hereinafter defined Indenture.

This Bond is one of a duly authorized issue of Bonds of the District designated "Lake Ashton II Community Development District Capital Improvement Revenue Refunding Bonds, Series 2022" in the aggregate principal amount of $3,245,000 (the "Series 2022 Bonds") issued under a Master Trust Indenture, dated as of August 1, 2005 (the "Master Indenture"), between the District and U.S. Bank Trust Company, National Association, Orlando, Florida, as ultimate successor in trust to Wachovia Bank, National Association, as trustee (the "Trustee"), as supplemented by a Fourth Supplemental Trust Indenture, dated as of February 1, 2022 (the "Supplemental Indenture" and together with the Master Indenture, the "Indenture"), between the District and the Trustee. The District will apply the proceeds of the Series 2022 Bonds, together with other funds of the District, to (i) currently refund and redeem all of the Outstanding principal amount of the District's Capital Improvement Revenue Bonds, Series 2006A, (ii) pay certain costs associated with the issuance of the Series 2022 Bonds, and (iii) pay a portion of the interest to become due on the Series 2022 Bonds.
NEITHER THIS BOND NOR THE INTEREST AND PREMIUM, IF ANY, PAYABLE HEREON SHALL CONSTITUTE A GENERAL OBLIGATION OR GENERAL INDEBTEDNESS OF THE DISTRICT WITHIN THE MEANING OF THE CONSTITUTION AND LAWS OF FLORIDA. THIS BOND AND THE SERIES OF WHICH IT IS A PART AND THE INTEREST AND PREMIUM, IF ANY, PAYABLE HEREON AND THEREON DO NOT CONSTITUTE EITHER A PLEDGE OF THE FULL FAITH AND CREDIT OF THE DISTRICT OR A LIEN UPON ANY PROPERTY OF THE DISTRICT OTHER THAN AS PROVIDED IN THE INDENTURE. NO OWNER OR ANY OTHER PERSON SHALL EVER HAVE THE RIGHT TO COMPEL THE EXERCISE OF ANY AD VALOREM TAXING POWER OF THE DISTRICT OR ANY OTHER PUBLIC AUTHORITY OR GOVERNMENTAL BODY TO PAY DEBT SERVICE OR TO PAY ANY OTHER AMOUNTS REQUIRED TO BE PAID PURSUANT TO THE INDENTURE OR THE TERMS HEREOF. RATHER, DEBT SERVICE AND ANY OTHER AMOUNTS REQUIRED TO BE PAID PURSUANT TO THE INDENTURE OR THE TERMS HEREOF SHALL BE PAYABLE

SOLELY FROM, AND SHALL BE SECURED SOLELY BY, THE SERIES 2022 PLEDGED REVENUES AND THE SERIES 2022 PLEDGED FUNDS PLEDGED TO THE SERIES 2022 BONDS, ALL AS PROVIDED HEREIN AND IN THE INDENTURE.

This Bond is issued under and pursuant to the Constitution and laws of the State of Florida, particularly Chapter 190, Florida Statutes, and other applicable provisions of law and pursuant to the Indenture, executed counterparts of which Indenture are on file at the corporate trust office of the Trustee. Reference is hereby made to the Indenture for the provisions, among others, with respect to the custody and application of the proceeds of Series 2022 Bonds issued under the Indenture, the collection and disposition of revenues and the funds charged with and pledged to the payment of the principal and Redemption Price of, and the interest on, the Series 2022 Bonds, the nature and extent of the security thereby created, the covenants of the District with respect to the levy and collection of Series 2022 Assessments, the terms and conditions under which the Series 2022 Bonds are or may be issued, the rights, duties, obligations and immunities of the District and the Trustee under the Indenture and the rights of the registered Owner of the Series 2022 Bonds and, by the acceptance of this Bond, the registered Owner hereof assents to all of the provisions of the Indenture. The Series 2022 Bonds are equally and ratably secured by the Series 2022 Trust Estate, without preference or priority of one Series 2022 Bond over another. The Supplemental Indenture does not authorize the issuance of any additional Bonds ranking on parity with the Series 2022 Bonds as to the lien and pledge of the Series 2022 Trust Estate.

The Series 2022 Bonds are issuable only as registered bonds without coupons  in current interest form in the denomination of the then Outstanding principal amount of such Series 2022 Bond (the "Authorized Denomination"). This Bond is transferable by the registered Owner hereof or its duly authorized attorney at the  designated  corporate  trust office of the Trustee in Orlando, Florida, as Bond Registrar (the "Bond Registrar"), subject to the restrictions set forth above and in the Supplemental Indenture, upon surrender of this  Bond, accompanied by a duly executed instrument of transfer in form and with guaranty of signature reasonably satisfactory to the Bond Registrar, subject  to  such  reasonable regulations as the District or the Bond Registrar may prescribe, and upon  payment of any taxes or other governmental charges incident to such transfer. Upon any such transfer a new Bond or Bonds, in the same aggregate principal amount as the Bond or Bonds  transferred,  will be issued to the transferee. At the corporate trust office of the Bond Registrar in Orlando, Florida, in the manner and subject to the limitations and conditions provided in the Master Indenture and without cost, except for any tax or other governmental charge, Bonds may be exchanged for an equal aggregate principal amount of Bonds of the same maturity, in the Authorized Denomination and bearing interest at the same rate or rates.

The Series 2022 Bonds are not subject to redemption prior to maturity at the option of the District.

The Series 2022 Bonds are subject to extraordinary mandatory redemption prior to maturity in whole or in part on any Redemption Date at the Redemption Price of one hundred percent (100%) of the principal amount redeemed, without premium, together with accrued interest to the Redemption Date, from amounts, including Series 2022 Prepayments, required by the Indenture to be deposited into the Series 2022 Prepayment Subaccount.

So long as the Series 2022 Bonds are owned by the Bank, notice of redemption other than scheduled redemption, as to which no notice shall be required, shall be by written transmission or Electronic Means to the Bank at the physical or electronic address of such registered Owner recorded on the bond register maintained by the Bond Registrar  not less than ten (10) calendar days prior to the date of redemption.

In the event that the Series 2022 Bonds are no longer owned by the Bank, notice of each redemption of Series 2022 Bonds is required to be mailed by the Bond Registrar, postage prepaid, not less than thirty (30) nor more than forty-five (45) days prior to the date of redemption to the registered Owner of Series 2022 Bonds to be redeemed at the address of such registered Owner recorded on the bond register maintained by the Bond Registrar.  On the date designated for redemption, notice having been given and money for the  payment of the Redemption Price being held by the Paying Agent, all as provided in the Indenture, the Series 2022 Bonds or such portions thereof so called for redemption shall become and be due and payable at the Redemption Price provided for the redemption of such Series 2022 Bonds or such portions thereof on such date, interest on such Series 2022 Bonds or such portions thereof so called for redemption shall cease to accrue, such Series 2022 Bonds or such portions thereof so called for redemption shall cease to be entitled to any benefit or security under the Indenture  and the Owner  thereof  shall have no rights in respect of such Series 2022 Bonds  or such portions thereof so called for redemption except to receive payments of the Redemption Price thereof so held by the  Paying Agent.  Further  notice of redemption  shall be given by the Bond Registrar to certain registered securities depositories and information services as set forth in the Indenture, but no defect in said further notice  nor any  failure to give all  or any portion of such further notice shall in any manner defeat the  effectiveness of   a call for redemption if notice thereof is given as above prescribed.
The Owner of this Bond shall have no right to enforce the provisions of the Indenture or to institute an action to enforce the  covenants  therein, or to take any action  with  respect to any Event of Default under the Indenture, or to institute, appear in or defend any suit or other proceeding with respect thereto, except as provided in the Indenture.

In certain events, on the conditions, in the manner and with the effect set forth in the Indenture, the principal of all the Series 2022 Bonds then Outstanding under the Indenture may become and may be declared due and payable before the stated maturities thereof, with the interest accrued thereon.

Modifications or alterations of the Master Indenture or of any indenture supplemental thereto may be made only to the extent and in the circumstances permitted by the Master Indenture.

Any moneys held by the Trustee or any Paying Agent in trust for the payment and discharge of any Series 2022 Bond which remain unclaimed for two (2) years after the date when such Bond has become due and payable, either at its stated maturity date or by call for earlier redemption, if such moneys were held by the Trustee or any Paying Agent  at  such date, or for two (2) years after the date of deposit of such moneys if deposited with the Trustee or Paying Agent after the date when such Bond became due and payable, shall be paid to the District, and thereupon and thereafter no claimant shall have any rights against the Paying Agent to or in respect of such moneys.

If the District deposits or causes to be deposited with the Trustee cash or Federal Securities sufficient to pay the principal or Redemption Price of any Series 2022 Bonds becoming due at maturity or by call for redemption in the manner set forth in the Indenture, together with the interest accrued to the due date, the lien of the Series 2022 Bonds as to the Series 2022 Trust Estate shall be discharged, except for the rights of the registered Owner thereof with respect to the funds so deposited as provided in the Indenture.

This Bond shall have all the qualities and incidents, including negotiability, of investment securities within the meaning and for all the purposes of the Uniform Commercial Code of the State of Florida.

This Bond is issued with the intent that the laws of the  State of Florida shall govern  its construction.

All acts, conditions and things required by the Constitution and laws of the State of Florida and the resolutions of the District  to happen,  exist and  be performed  precedent to and in the issuance of this Bond and the execution  of the  Indenture,  have happened,  exist and have been performed as so required.  This Bond shall not be valid or become obligatory for any purpose or be entitled to any benefit or security under  the  Indenture  until it  shall have been authenticated by the execution by the Trustee of the Certificate of Authentication endorsed hereon.

[Remainder of Page Intentionally Left Blank]

IN WITNESS WHEREOF, Lake Ashton II Community Development District has caused this Bond to bear the signature of the Chairman of its Board of Supervisors and the official seal of the District to be impressed or imprinted hereon and  attested by the  signature of the Secretary to the Board of Supervisors.

Attest:	LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT

=-	

Secretary
M-e  Ashton l
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S E  AL)		Established March 2, 2005

   CERTIFICATE OF AUTHENTICATION
This Bond is one of the Bonds of the Series designated herein, described in the within­ mentioned Indenture.

U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION,

successor  in  trust  to  Wachovia al Associatio ', as Trustee

Date of Authentication:

February 22, 2022

CERTIFICATE OF VALIDATION

This Bond refunds a Series of Bonds which were validated by judgment of the Tenth Judicial Circuit of Florida, in and for Polk County rendered on May 20, 2005.

ABBREVIATIONS

The following abbreviations, when used in the inscription on the face of the within Bond, shall be construed as though they were written out in full according to applicable laws or regulations.

TEN COM as  tenants in common TEN ENT as tenants by the entireties
JT TEN as joint tenants with the right of survivorship and not as tenants in common

UNIFORM TRANSFER MIN ACT - 	Custodian 	under Uniform

Transfer to Minors Act 	
(State)

(Cust.)	(Minor)

Additional abbreviations may also be used though not in the above list.

ASSIGNMENT

For value received, the undersigned hereby sells, assigns and transfers unto
 	 t ewithin  Bond  and  all  rights  thereunder,  and  hereby  irrevocably constitutes and appoints 	, attorney to transfer the said Bond on the books of the District, with full power of substitution in the premises.
Dated:

Social Security  Number or Employer:

Identification Number of Transferee:

Signature guaranteed:

NOTICE: Signature(s) must be guaranteed by an institution which is a participant in the Securities Transfer Agent Medallion Program (STAMP) or similar program.

NOTICE: The assignor's signature to this Assignment must  correspond  with  the name as it appears on the face of the within Bond in  every particular  without alteration or  any change whatsoever.

ESCROW DEPOSIT AGREEMENT

ESCROW DEPOSIT AGREEMENT (this "Agreement"), dated as of February 22, 2022, between LAKE ASHTON II COMMUNITY DEVELOPMENT
DISTRICT, a duly created and validly existing local unit of special purpose government (the "District"), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION (the "Escrow Agent"), a national banking association authorized to accept and execute trusts of the character herein set out, with its designated office located at 225 East Robinson Street, Suite 250, Orlando, Florida 32801, Attention: Corporate Trust Department.
WHEREAS, the District has heretofore issued, sold and delivered its Lake Ashton II Community Development District Capital Improvement Revenue Bonds, Series 2006A (the "Series 2006A Bonds") currently Outstanding in the aggregate principal amount of $3,320,000 (the Outstanding principal amount of such Series 2006A Bonds hereinafter referred to as the "Refunded Bonds") under and pursuant to the terms of a Master Trust Indenture, dated as of August 1, 2005 (the "Master Indenture"), from the District to U.S. Bank Trust Company, National Association,  as ultimate successor in trust to Wachovia Bank, National Association, as trustee (the "Trustee"), as supplemented by a Second Supplemental Trust Indenture, dated as of December 1, 2006, as subsequently amended (as amended, the "Second Supplemental Indenture" and together with the Master Indenture, the "Indenture"), from the District to the Trustee; and
WHEREAS, the District desires to currently refund such Refunded Bonds to achieve debt service savings; and
WHEREAS, the District has authorized the issuance, sale and delivery of its
$3,245,000 Lake Ashton II Community Development District Capital Improvement Revenue Refunding Bonds, Series 2022 (the "Series 2022 Bonds") pursuant to a Fourth Supplemental Trust Indenture, dated as of February 1, 2022, from the District to the Trustee to secure the issuance of the Series 2022 Bonds and to set forth the terms of the Series 2022 Bonds, a portion of the proceeds of which, together with certain other legally available moneys of the District, will be used to discharge the pledge of and lien of the Indenture in favor of the Owners of such Refunded Bonds; and

WHEREAS, the issuance of the Series 2022 Bonds, the deposit of cash into an escrow deposit trust fund to be held by the Escrow Agent and the discharge of the pledge of and lien of the Indenture in favor of the Owners of such Refunded Bonds shall occur as a simultaneous transaction; and
WHEREAS, this Agreement is intended to effectuate such simultaneous transaction;

NOW, THEREFORE, in consideration of the foregoing and of the mutual covenants hereinafter set forth, the parties hereto agree as follows:
SECTION 1.	PREAMBLES.	The District represents that the recitals stated above are true and correct and the same are incorporated herein.
SECTION 2.	RECEIPT	OF	INDENTURE	AND	VERIFICATION
REPORT. The Escrow Agent hereby acknowledges receipt of true and correct copies of the Indenture and this Agreement. The applicable and necessary  provisions of the Indenture, including, without limitation, Articles III and XII of the Master Indenture, are incorporated herein by reference. The Escrow Agent also acknowledges receipt of the final numbers (the "Final Numbers") prepared by MBS Capital Markets, LLC, showing its calculations of the amount needed to refund the Refunded Bonds at the Redemption Price as set forth in the Final Numbers, as verified by the verification report of Causey, Demgen & Moore, P.C., a firm of independent certified public accountants, dated February 22, 2022 (the "Verification Report"). The Escrow Agent has no responsibility for the production, review or accuracy of either the Final Numbers or the Verification Report. All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in the Indenture.
SECTION 3.	DISCHARGE OF LIEN OF OWNERS OF REFUNDED
BONDS. In accordance with Articles III and XII of the Master Indenture, simultaneously herewith, the lien of the Indenture and all covenants, agreements  and other obligations of the District to the Owners of the Refunded Bonds under the Indenture shall cease, terminate and become void and be discharged and satisfied.
SECTION 4.	ESTABLISHMENT OF ESCROW FUND. There is hereby
created and established with the Escrow Agent a special,  segregated  and irrevocable escrow deposit trust fund designated the "Lake Ashton II Community Development District Capital Improvement Revenue Bonds, Series 2006A Escrow Deposit Trust Fund" (the "Escrow Fund"). The Escrow Fund shall be held in the custody of the Escrow Agent as a trust fund for the benefit of the Owners of the Refunded Bonds, separate and apart from other funds and accounts of the District and the Escrow Agent. The Escrow Agent hereby accepts the Escrow Fund and acknowledges the receipt of and deposit to the credit of the Escrow Fund the sum of
$3,052,635.52 received from the District from proceeds  of  the  Series  2022  Bonds (the "Bond Proceeds") and the sum of $337,259.70 received from the District  from other available funds (the "District Moneys").
SECTION 5.	DEPOSIT   OF   MONEYS   IN ESCROW  FUND.	The
District hereby directs, and the Escrow Agent acknowledges, that the Bond  Proceeds and the District Moneys deposited with the Escrow Agent pursuant to Section 4 above (the "Cash Deposit") shall be held in the Escrow Fund uninvested in

cash and neither the District nor the Escrow Agent shall otherwise invest  or  reinvest any moneys in the Escrow Fund.
SECTION 6. SUFFICIENCY OF CASH DEPOSIT. In reliance upon the Final Numbers and the Verification Report, the District represents that the Cash Deposit is sufficient such that moneys will be available to the Escrow Agent in amounts sufficient and at the times required to pay the amounts of principal of, redemption premium, if any, and interest due and to become due on the Refunded Bonds as described in Schedule A attached hereto. If the Cash Deposit shall be insufficient to make such payments, the District shall timely deposit to the Escrow Fund, solely from legally available funds of the District, such additional amounts as may be required to pay the Refunded Bonds as described in Schedule A attached hereto. Notice of any insufficiency shall be given by the Escrow Agent to the District as promptly as possible, but the Escrow Agent shall in no manner be responsible for the District's failure to make such deposits.
SECTION 7.	CASH	DEPOSIT	IN	TRUST	FOR	OWNERS	OF
REFUNDED BONDS. The deposit of the Cash Deposit in the Escrow Fund shall constitute an irrevocable deposit of cash in trust solely for the payment of the principal of, redemption premium, if any, and interest on the Refunded Bonds at such times and in such amounts as set forth in Schedule A attached hereto, and the Cash Deposit shall be used solely for such purpose.
SECTION 8.	ESCROW AGENT TO PAY REFUNDED BONDS FROM
ESCROW FUND. The District hereby directs, and the Escrow Agent hereby agrees, that it will take all actions required to be taken by it under the provisions of the Indenture, including the timely transfer of, but solely from funds on deposit in the Escrow Fund, money to the Paying Agent for the Refunded Bonds as provided in the Indenture, in order to effectuate this Agreement and to pay the Refunded Bonds in the amounts and at the times provided in Schedule A attached hereto. The Cash Deposit shall be used to pay the principal of, redemption premium, if any, and interest on the Refunded Bonds as the same may mature or be redeemed. If any payment date shall be a day on which either the Paying Agent for the Refunded Bonds or the Escrow Agent is not open for the acceptance or delivery of funds, then the Escrow Agent shall transfer moneys to the Paying Agent on the next business day. The liability of the Escrow Agent for the payment of the principal of, redemption premium, if any, and interest on the Refunded Bonds pursuant to this Agreement shall be limited to the application of the Cash Deposit available for such purposes in the Escrow Fund.
SECTION 9.	ESCROW FUND SHALL CONTINUE IN EFFECT.  The
Escrow Fund shall continue in effect until the date upon which the Escrow Agent makes the final payment to the Paying Agent for the Refunded Bonds in an amount sufficient to pay the Refunded Bonds as described in Schedule A attached hereto,

whereupon the Escrow Agent shall transfer all remaining money in the Escrow Fund, if any, to the District.
SECTION 10.  REDEMPTION  OF REFUNDED BONDS.	The District
hereby irrevocably instructs the Escrow Agent, in its capacity as Trustee, to give or cause to be given at the appropriate times the notice or notices required by the Indenture in connection with the redemption of the Refunded Bonds in accordance with Schedule A attached hereto, in the form customarily used by the Trustee for such notices.
SECTION 11.  DEFEASANCE  OF REFUNDED BONDS.	Concurrently
with the deposit of the Cash Deposit set forth in Section 4 hereof, the District represents that, in reliance upon the Verification Report, the Refunded Bonds shall be deemed to have been paid within the meaning and with the effect expressed in Article XII of the Master Indenture. The District hereby irrevocably instructs the Escrow Agent, in its capacity as Trustee, to give or cause to be given the notice or notices required by the Indenture in connection with the defeasance of the Refunded Bonds. A form notice of defeasance is attached hereto as Schedule B.
SECTION 12.   ESCROW  FUND  IRREVOCABLE.	The Escrow Fund
hereby created shall be irrevocable and the Owners of the Refunded Bonds shall have an express lien on the Cash Deposit deposited in the Escrow Fund pursuant to the terms hereof and any interest earnings thereon until paid out, used and applied  in accordance with this Agreement and the Indenture. Neither the District nor the Escrow Agent shall cause nor permit any other lien or interest whatsoever to be imposed upon the Escrow Fund.
SECTION 13.   AMENDMENTS  TO  AGREEMENT.	This Agreement is
made for the benefit of the District and the Owners from time to time of the Refunded Bonds and it shall not be repealed, revoked, altered or amended without the written consent of all such Owners and the written consent of the Escrow Agent and the District; provided, however, that the District and the Escrow Agent may, without the consent of, or notice to, such Owners, enter into such agreements supplemental to this Agreement as shall not adversely affect the rights of such Owners and as shall not be inconsistent with the terms and provisions of this Agreement, for any one or more of the following purposes:
to cure any ambiguity or formal defect or omission in this Agreement;

to grant, or confer upon, the Escrow Agent for the benefit of the Owners of the Refunded Bonds, any additional rights, remedies, powers or authority that may lawfully be granted to, or conferred upon, such Owners or the Escrow Agent; and
to subject to this Agreement additional funds, securities or properties.

The Escrow Agent shall be entitled to rely exclusively upon an unqualified opinion of nationally recognized Bond Counsel with respect to compliance with this Section 13, including the extent, if any, to which any change, modification or addition affects the rights of the Owners of the Refunded Bonds, or that any instrument executed hereunder complies with the conditions and provisions of this Section 13.
SECTION 14.   FEES	AND	EXPENSES	OF	ESCROW	AGENT;
INDEMNIFICATION. In consideration of the services rendered by the Escrow Agent under this Agreement, the District has paid to the Escrow Agent a one-time fee and expenses, receipt of which is hereby acknowledged. The Escrow Agent shall have no lien whatsoever upon the Cash Deposit in said Escrow Fund for the payment of such fees and expenses. To the extent permitted by law and without waiving any privileges or immunities afforded to the District under Florida law, the District further agrees to indemnify and save the Escrow Agent, its agents and employees, harmless against any liabilities, obligations, losses, damages, penalties, claims, actions, suits, costs, expenses and disbursements of whatsoever kind or nature, which it may incur in the exercise and performance of its powers and duties hereunder, including legal expenses, and which are not due to its gross negligence  or willful misconduct. This Section 14 shall survive the termination of this Agreement, or, as to the Escrow Agent, its resignation or removal.
Whenever the Escrow Agent shall deem it necessary or desirable that  a matter be proved or established prior to taking, suffering or omitting any action under this Agreement, such matter may be deemed to be conclusively established by a certificate signed by an authorized officer of the District. The Escrow Agent may conclusively rely, as to the correctness of statements, conclusions and opinions therein, upon any certificate, report, opinion or other document furnished to the Escrow Agent pursuant to any provision of this Agreement; the Escrow Agent shall be protected and shall not be liable for acting or proceeding, in good faith, upon such reliance; and the Escrow Agent shall be under no duty to make any investigation or inquiry as to any statements contained or matters referred to in any  such  instrument. The Escrow Agent may, at the expense of the District, consult with counsel, who may be counsel to the District or independent counsel, with regard to legal questions, and the opinion of such counsel shall be full and complete authorization and protection in respect of any action taken or suffered by it hereunder in good faith in accordance herewith. Prior  to  retaining  such independent counsel, the Escrow Agent shall notify the District of its intention to retain counsel.
The Escrow Agent and its successors, agents and servants shall not be held to any personal liability whatsoever, in tort, contract or otherwise, by reason of the execution and delivery of this Agreement, the establishment of the Escrow Fund, the acceptance and disposition of the various moneys and funds described herein, any payment, transfer or other application of funds by the Escrow Agent in

accordance with the provisions of this Agreement or any act that is not grossly negligent, omission or error of the Escrow Agent made in good faith in the conduct of its duties. The Escrow Agent shall, however, be liable to the District and to Owners of the Refunded Bonds to the extent of their respective damages for the gross negligence or willful misconduct of the Escrow Agent which violates or fails to comply with the terms of this Agreement; provided, however, the foregoing shall not include payment for special or consequential damages or damages caused by a party other than the Escrow Agent. The duties and obligations of the Escrow Agent shall be determined by the express provisions of this Agreement.
SECTION 15. REPORTING REQUIREMENTS OF ESCROW AGENT.
As soon as practicable after the Refunded Bonds are redeemed, the Escrow Agent shall forward in writing to the District a statement regarding the Escrow Fund, including the income, if any, earned therein and withdrawals of money therefrom, since the date of its establishment.
SECTION 16. RESIGNATION OR REMOVAL OF ESCROW AGENT.
The Escrow Agent, at the time acting hereunder, may at any time resign and be discharged from the duties and obligations hereby created by giving not less than 45 days' written notice to the District and mailing notice thereof, specifying the date when such resignation will take effect, to the Owners of all Refunded Bonds then Outstanding, but no such resignation shall take effect unless a successor Escrow Agent shall have been appointed by the Owners of a majority in aggregate principal amount of the Refunded Bonds then Outstanding or by the District as hereinafter provided and such successor Escrow Agent shall have accepted such appointment, in which event such resignation shall take effect immediately upon the appointment and acceptance of a successor Escrow Agent.
The Escrow Agent may be replaced at any time by an instrument or concurrent instruments in writing, delivered to the Escrow Agent and signed by either the District or the Owners of a majority in aggregate principal amount of the Refunded Bonds then Outstanding. Such instrument shall provide for the appointment of a successor Escrow Agent, which appointment shall occur simultaneously with the removal of the Escrow Agent.
In the event the Escrow Agent hereunder shall resign or be removed, or be dissolved, or shall be in the course of dissolution or liquidation, or otherwise become incapable of acting hereunder, or in case the Escrow Agent shall be taken under the control of any public officer or officers, or of a receiver appointed by a court, a successor may be appointed by the Owners of a majority in aggregate principal amount of the Refunded Bonds then Outstanding by an instrument or concurrent instruments in writing, signed by such Owners, or by their attorneys in fact, duly authorized in writing; provided, nevertheless, that in any such event, the District shall appoint a temporary Escrow Agent to fill such vacancy until a successor Escrow Agent shall be appointed by the Owners of a majority in aggregate principal

amount of the Refunded Bonds then Outstanding in the manner above provided,  and any such temporary Escrow Agent so appointed by the District shall immediately and without further act be superseded by the Escrow Agent so appointed by such Owners. The District shall mail notice of any such appointment made by it at the times and in the manner described in the first paragraph of this Section 16.
In the event that no appointment of a successor Escrow Agent or a temporary successor Escrow Agent shall have been made by such Owners or the District pursuant to the foregoing provisions of this Section 16 within 45 days after written notice of resignation of the Escrow Agent has been given to the District, the Owner of any of the Refunded Bonds or any retiring Escrow Agent may apply to any court of competent jurisdiction for the appointment of a successor Escrow Agent, and such court may thereupon, after such notice as it shall deem proper, if any, appoint a successor Escrow Agent.
In the event of replacement or resignation of the Escrow Agent, the Escrow Agent shall have no further liability hereunder after such replacement or resignation and the District shall, to the extent permitted by applicable law and without waiving any privileges or immunities afforded to the District under Florida law, indemnify and hold harmless Escrow Agent from any such liability arising after such replacement or resignation, including costs or expenses incurred by Escrow Agent or its counsel.
No successor Escrow Agent shall be appointed unless such successor Escrow Agent shall be a corporation with trust powers organized under the banking laws of the United States or any state of the United States, and shall have at the time of appointment capital and surplus of not less than $50,000,000 or trust assets under management of not less than $500,000,000.
Subject to the immediately succeeding paragraph hereof, every successor Escrow Agent appointed hereunder shall execute, acknowledge and deliver to its predecessor and to the District an instrument in writing accepting such appointment hereunder and thereupon such successor Escrow Agent, without any further act, deed or conveyance, shall become fully vested with all the rights, immunities, powers, trusts, duties and obligations of its predecessor; but such predecessor shall nevertheless, on the written request of such successor Escrow Agent or the District, execute and deliver an instrument transferring to such successor Escrow Agent all the estates, properties, rights, powers and trust of such predecessor hereunder, except for the Escrow Agent's rights under Section 14 hereof; and every predecessor Escrow Agent shall deliver all securities and moneys held by it to its successor; provided, however, that before any such delivery is required to be made, all fees, advances and expenses of the retiring or removed Escrow Agent shall be paid in full. Should any transfer, assignment or instrument in writing from the District be required by any successor Escrow Agent for more

fully and certainly vesting in such successor Escrow Agent the estates, rights, powers and duties hereby vested or intended to be vested in the predecessor Escrow Agent, any such transfer, assignment and instruments in writing shall, on request,  be executed, acknowledged and delivered by the District.
Any corporation into which the Escrow Agent, or any successor to it in the trusts created by this Agreement, may be merged or converted or with which it or any successor to it may be consolidated, or any corporation resulting from any merger, conversion, consolidation or reorganization to which the Escrow Agent or any successor to it shall be a party or any corporation to which the Escrow Agent or successor to it shall sell or transfer all or substantially all of its corporate trust business, shall be the successor Escrow Agent under this Agreement without the execution or filing of any paper or any other act on the part of any of the parties hereto, anything herein to the contrary notwithstanding.
SECTION 17. TERMINATION OF AGREEMENT. Except as provided in Section 14 hereof, this Agreement shall terminate when all transfers and payments required to be made by the Escrow Agent under the provisions hereof shall have been made. Upon such termination and payment of all moneys set forth on  Schedule A attached hereto, all moneys remaining in the Escrow Fund shall be released to the District.
SECTION 18. GOVERNING LAW. This Agreement shall be governed by the applicable laws of the State of Florida.
SECTION 19. SEVERABILITY. If any one or more of the covenants or agreements provided in this Agreement on the part of the District or the Escrow Agent to be performed should be determined by a court of competent jurisdiction to be contrary to law, such covenant or agreement shall be deemed and construed to be severable from the remaining covenants and agreements herein contained and shall in no way affect the validity of the remaining provisions of this Agreement.
SECTION 20. COUNTERPARTS. This Agreement may be executed in several counterparts, all or any of which shall be regarded for all purposes as one original and shall constitute and be but one and the same instrument.
SECTION 21. NOTICES. Any notice, authorization, request or demand required or permitted to be given in accordance with the terms of this Agreement shall be in writing and sent by registered or certified mail addressed to:

If to the Escrow Agent:

U.S. Bank Trust Company, National Association 225 E. Robinson Street, Suite 250
Orlando, Florida 32801
Attention: Corporate Trust Department If to the District:
Lake Ashton II Community Development District
c/o Governmental Management Services – Central Florida, LLC 219 East Livingston Street
Orlando, Florida 32801 Copy to District Counsel:
Kutak Rock LLP PO Box 10230
Tallahassee, Florida 32302 Attention: Sarah R. Sandy, Esquire
[Remainder of Page Intentionally Left Blank]

IN WITNESS WHEREOF, the parties hereto have made and executed this Escrow Deposit Agreement as of the date first written herein.

ATTEST:

Secretary

LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT

--- -

U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION,

¼lhl!w	'1\1x

asEs  cro'\  'g.en   t	,,	\

By:
Vice P:r - sident

SCHEDULE A DEBT SERVICE REQUIREMENTS FOR REFUNDED BONDS
(attached hereto)

Jan 31, 2022   4:36 pm	(Finance 8.700 Lake Ashton II 2006 Refi:LA2FINAL-REFUND01,REFUND01) Page 8

ESCROW REQUIREMENTS

LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT
Capital Improvement Refunding Bonds, Series 2022 (Polk County, Florida)
HANCOCK WHITNEY BANK TERM SHEET FINAL VERIFIED NUMBERS

Period Ending	
Interest	Principal Redeemed	
Total	
03/24/2022	69,895.22	3,320,000.00	3,389,895.22	
	69,895.22	3,320,000.00	3,389,895.22	

SCHEDULE B

FORM OF NOTICE OF DEFEASANCE

Lake Ashton II Community Development District (Polk County, Florida)
Capital Improvement Revenue Bonds, Series 2006A

Series		Amount Refunded		
Interest Rate		Maturity Date		
CUSIP*	
2006A		$3,320,000		5.30%		May 1, 2038		50750P AC5	

NOTICE IS HEREBY GIVEN that that there has been deposited with U.S. Bank Trust Company, National Association, as escrow agent (the "Escrow Agent") under the Escrow Agreement (hereinafter defined), cash which the District (hereinafter defined) has represented is sufficient to pay on March 24, 2022 (the "Redemption Date"), the Redemption Price and interest due and to become due on the above captioned Bonds (the "Defeased Bonds") on or prior to the Redemption Date, pursuant to the terms and provisions of a certain Escrow Deposit Agreement dated as of February 22, 2022 (the "Escrow Agreement"), by and among Lake Ashton II Community Development District (the "District") and the Escrow Agent.
The Defeased Bonds will be called for optional redemption on the Redemption Date at a Redemption Price of 100% of the principal amount thereof plus accrued interest to the Redemption Date.
The Defeased Bonds are deemed to have been paid within the meaning of Article XII of the Master Trust Indenture dated as of August 1, 2005 (the "Master Indenture") between the District and U.S. Bank Trust Company, National Association, as successor in trust to Wachovia Bank, National Association, as trustee (the "Trustee"), under which the Defeased Bonds were issued and are secured. This notice does not constitute a notice of redemption and  no Bonds should be delivered to the District or its Paying Agent or  the  Trustee as a result of this publication.
The Trustee for the Defeased Bonds will provide notice of redemption in accordance with the provisions of the Master Indenture.
Dated:  February 22, 2022	U.S. BANK TRUST COMPANY,
NATIONAL ASSOCIATION,
as Trustee

* Neither the District nor the Trustee is responsible for the use of CUSIP numbers, nor is any representation made as to their correctness.

1 Issuer’s name
Lake Ashton II Community Development District	2 Issuer’s employer identification number (EIN)
20-2691109	
3a Name of person (other than issuer) with whom the IRS may communicate about this return (see instructions)
c/o Governmental Management Services-Tampa, LLC	3b Telephone number of other person shown on 3a	
4 Number and street (or P.O. box if mail is not delivered to street address)
4648 Eagle Falls Place	Room/suite	5 Report number (For IRS Use Only)	
			3			
6 City, town, or post office, state, and ZIP code
Tampa, Florida 33619	7 Date of issue
February 22, 2022	
8 Name of issue
Capital Improvement Revenue Refunding Bonds, Series 2022	9 CUSIP number
N/A	
10a Name and title of officer or other employee of the issuer whom the IRS may call for more information

Jason Greenwood, District Manager	10b Telephone number of officer or other employee shown on 10a
813-344-4844	
 Part II	Type of Issue (Enter the issue price.) See the instructions and attach schedule.
11	Education . . . . . . . . . . . . . . . . . .	.	.	.	.	.	.	.	.	.	.	.	.	11		
12	Health and hospital	. . . . . . . . . . . . . .	.	.	.	.	.	.	.	.	.	.	.	.	12		
13	Transportation . . . . . . . . . . . . . . . .	.	.	.	.	.	.	.	.	.	.	.	.	13		
14	Public safety . . . . . . . . . . . . . . . . .	.	.	.	.	.	.	.	.	.	.	.	.	14		
15	Environment (including sewage bonds) . . . . . . . .	.	.	.	.	.	.	.	.	.	.	.	.	15		
16	Housing . . . . . . . . . . . . . . . . . .	.	.	.	.	.	.	.	.	.	.	.	.	16		
17	Utilities	. . . . . . . . . . . . . . . . . .	.	.	.	.	.	.	.	.	.	.	.	.	17		
18	Other. Describe a Assessable Capital Improvements													18	3,245,000.00	
19a	If bonds are TANs or RANs, check only box 19a . . . . .	.	.	.	.	.	.	.	.	.	.	a			
b	If bonds are BANs, check only box 19b . . . . . . . .	.	.	.	.	.	.	.	.	.	.	a			
20	If bonds are in the form of a lease or installment sale, check box		.	.	.	.	.	.	.	.	.	a			
 Part III	Description of Bonds. Complete for the entire issue for which this form is being filed.

21	
(a) Final maturity date	
(b) Issue price	(c) Stated redemption price at maturity	(d) Weighted average maturity	
(e) Yield	
	05/01/2038	$	3,245,000.00	$	3,245,000.00	9.2518	years	2.8084 %	
 Part IV	Uses of Proceeds of Bond Issue (including underwriters’ discount)
22
23	Proceeds used for accrued interest   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .
Issue price of entire issue (enter amount from line 21, column (b))	.    .    .    .    .    .    .  .	.
.	.
.	.
.	22	0.00	
					23	3,245,000.00	
24	Proceeds used for bond issuance costs (including underwriters’ discount)	24	192,364.48			
25	Proceeds used for credit enhancement . . . . . . . . . . . .	25	0.00			
26	Proceeds allocated to reasonably required reserve or replacement fund .	26	0.00			
27	Proceeds used to refund prior tax-exempt bonds. Complete Part V . . .	27	3,052,635.52			
28	Proceeds used to refund prior taxable bonds. Complete Part V . . . .	28	0.00			
29
30	Total (add lines 24 through 28) .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .   .
Nonrefunding proceeds of the issue (subtract line 29 from line 23 and enter amount here)	.
.	.
.	.
.	29	3,245,000.00	
					30	0.00	

 Part V	Description of Refunded Bonds. Complete this part only for refunding bonds.
Enter the remaining weighted average maturity of the tax-exempt bonds to be refunded . . .	a
Enter the remaining weighted average maturity of the taxable bonds to be refunded	a
Enter the last date on which the refunded tax-exempt bonds will be called (MM/DD/YYYY) .  .	a

9.4582
N/A 03/24/2022

years years

Enter the date(s) the refunded bonds were issued a (MM/DD/YYYY)

12/01/2006

Form 8038-G (Rev. October 2021)

Department of the Treasury Internal Revenue Service

Information Return for Tax-Exempt Governmental Bonds
a Under Internal Revenue Code section 149(e)
a See separate instructions.
Caution: If the issue price is under $100,000, use Form 8038-GC.
a Go to www.irs.gov/F8038G for instructions and the latest information.

OMB No. 1545-0047

  Part I	Reporting Authority	Check box if Amended Return a

For Paperwork Reduction Act Notice, see separate instructions.	Cat. No. 63773S	Form 8038-G (Rev. 10-2021)

Form 8038-G (Rev. 10-2021)
Miscellaneous
Enter the amount of the state volume cap allocated to the issue under section 141(b)(5)
36a Enter the amount of gross proceeds invested or to be invested in a guaranteed investment contract

Page2

35

►

(GIG). See instructions	1-3_6_a-+-------

► 	_

b Enter the final maturity date of the GIG	(MM/DD/YYYY) 	_
c Enter the name of the GIG provider
37	Pooled financings: Enter the amount of the proceeds of this issue that are to be used to make loans
to other governmental units .	3_7 -------
38a    If this issue is a loan made from the proceeds of another tax-exempt issue, check box► D and enter the following information:
b    Enter the date of the master pool bond► (MM/DD/YYYY)  			_ c Enter the EIN of the issuer of the master pool bond►  		_ d    Enter the name of the issuer of the master pool bond►  	_
If  the issuer  has designated  the issue  under section 265(b)(3)(B)(i)(III) (small issuer  exception),  check box	► 0
If the issuer has elected to pay a penalty in lieu of  arbitrage rebate, check box   .	►	D
41a    If the issuer has identified a hedge, check here► D  and enter the following information:

►

b    Name of hedge provider►  	_ c     Type of hedge►  		 d Term ofhe dg e ►- - - - - - - - - - - - - - - - - - -
If the  issuer has superintegrated the hedge, check box	D

►

►

If the issuer has established written procedures to ensure that all nonqualified bonds of this issue  are  remediated according to the requirements under the Code and Regulations (see instructions), check box  .	D

►

If the issuer has established  written procedures to monitor the requirements  of  section 148, check box  .	D

►

45a If some portion of the proceeds was used to reimburse expenditures, check here	D and enter the amount m	m .	. ►--------------
 	b Enter the date the official intent was adopted	(MM/DD/YYYY)	
Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge

Signature and Consent

Paid

and belief, they are ue, ! rrect, and complete. I further declare that I consent to the IRS's disclosure of the issuer's return information, as necessary to process    ·s return,    t	son that I have authorized above.

Date	Check O if PTIN

Preparer

   Cynthia E. Wilhelm , Esq.	

02/22/2022	self-employed	P02345725

Use Only

   Firm's name ► Nabors, Giblin & Nickerson , P.
Firm's address► 2502 Rocky Point Drive, Suite 1060. Tam  a, Florida 33607

Firm's EIN► Phone no.

59-2427540
(813) 281-2222
Form 8038-G (Rev. 10-2021)

This instrument prepared by and return to:

Sarah R. Sandy, Esq.
KUTAK ROCK LLP
P.O. Box 10230 Tallahassee, Florida 32302

LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT AMENDED AND RESTATED NOTICE OF SERIES 2022 ASSESSMENTS

This Notice amends and restates that certain Lien of Record of the Lake Ashton  II  Community Development District, as recorded in the Polk County  Official  Records  Book 7088, Page 1634.

PLEASE TAKE NOTICE that the Board of Supervisors of the Lake Ashton II Community Development District (the "District") in accordance with Chapters 170, 190, and 197, Florida Statutes, adopted Resolution Nos. 2007-01, 2007-02, 2007-05, and 2022-10, (collectively and as may be supplemented and/or amended, the "Assessment Resolutions") providing for, levying and setting forth the terms of non-ad valorem special assessments constituting a governmental lien on certain real property within the boundaries of the District that are specially benefitted by the Improvements (as defined in the Assessment Resolutions) and as described in the District's adopted Amended and Restated Engineering Report, dated October 27, 2006 (the "Engineer's Report"). To refinance a portion of the costs of the Improvements, the District issued its Capital Improvement Revenue Refunding Bonds, Series 2022, which are secured by the non-ad valorem assessments levied pursuant to the Assessment Resolutions (the "Series 2022 Assessments"). The legal description of the lands on which said Series 2022 Assessments are imposed is attached to this Notice as Exhibit A. Copies of the Engineer's Report and the Assessment Resolutions may be obtained by contacting the District at:

Lake Ashton II Community Development District 219 E. Livingston Street
Orlando, Florida 32801
Ph.: 407-841-5524

The Series 2022 Assessments provided for in the Assessment Resolutions were legally and validly determined and levied in accordance with all applicable requirements of Florida law, and the Series 2022 Assessments constitute and will at all relevant times in the future constitute, legal, valid and binding first liens on the land against which assessed until paid, coequal with the lien of all state, county, district and municipal taxes, and superior in dignity to all other liens, titles and claims.
The District is a special-purpose form of local government established pursuant to and governed by Chapter 190, Florida Statutes. Pursuant to Section 190.048, Florida Statutes, you are hereby notified that: THE LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT MAY IMPOSE AND LEVY TAXES OR ASSESSMENTS, OR BOTH TAXES AND ASSESSMENTS, ON THIS PROPERTY. THESE TAXES AND ASSESSMENTS PAY THE CONSTRUCTION, OPERATION, AND MAINTENANCE COSTS OF CERTAIN PUBLIC FACILITIES AND SERVICES OF THE DISTRICT AND ARE SET ANNUALLY BY THE GOVERNING BOARD OF THE DISTRICT. THESE TAXES AND ASSESSMENTS ARE IN ADDITION TO COUNTY AND OTHER LOCAL GOVERNMENTAL TAXES AND ASSESSMENTS AND ALL OTHER TAXES AND ASSESSMENTS PROVIDED FOR BYLAW.

2

IN WITNESS WHEREOF, this Notice has been executed on the 'l.,L-d ay of

 	   p yL , 2022, and recorded in the Official Records of Polk County, Florida.

d of Supervisors

LAKE ASHTON II COMMUNITY DEVELOPMENT DISTRICT

Witness

  ..
Print Name

STATE OF FLORIDA
COUNTY OF -------

-

The foregoing instrument was acknowledged before me by means of & physical presence or  □ online  notarization,  this	day  of       r"'1rutc()II     ,  2022,  by  James  Mecsics,  as Chairman of Lake Ashton II Community Development Disfiict, who is either personally known
to me, or produced	as identification.

Notice of Series 2022 Assessments

Print Name:--------------
Notary Public, State of Florida

Commission   No.:------------
My Commission Expires: 	_

3

Exhibit A

Lot 702, Lots 704 thru 732, inclusive, Lots 735 thru 748, inclusive, Lots 751 thru 761, inclusive,
Lots 763 thru 793, inclusive, Lots 795 thru 807, inclusive, Lots 809 thru 834, inclusive, Lots 836 thru 864, inclusive, and Lots 866 thru 874, inclusive, LAKE ASHTON WEST PHASE II SOUTH, according to the plat thereof, recorded in Plat Book 163, Pages 40 thru 46 of the public records of Polk County, Florida.

Lots 878 thru 882, inclusive, Lots 884 thru 886, inclusive, Lots 888 thru 895, inclusive, Lots 897 thru 899 , inclusive, and Lots 901 thru 974, inclusive, LAKE ASHTON WEST PHASE II NORTH, according to the plat thereof, recorded in Plat Book 167, Pages 30 thru 36 of the public records of Polk County, Florida.

4

January 6, 2022

Lake Ashton II Community Development District
C/O MBS Capital Markets, LLC
Attn: Rhonda Mossing
1005 Bradford Way
Kingston, TN 37763 Dear Rhonda:
Hancock Whitney Bank ("Bank") is pleased to propose to you the following financing on the general terms and conditions outlined below. The proposed terms are as follows:

BORROWER:
LOAN AMOUNT: LOANTVPE: PURPOSE: REPAYMENT: INTEREST RATE: MATURITY: COMMITMENT FEE: COLLATERAL: GUARANTOR:
DEPOSIT RELATIONSHIP:

DS RESERVE ACCOUNT:

PREPAYMENT PENALTY: COSTS:

Lake Ashton IJ Community Development District (Series 2022)
$3,255,000.00

Tax-Exempt, Bank Qualified Term Loan

Refund all outstanding Capital Improvement Revenue Bonds, Series 2006A Annual principal payments with semi-annual interest payments
Serial Bond with an average coupon of 2.821% and Tax equivalent yield of 3.537% May 1, 2038
25 bps of final loan amount

Non-ad valorem special assessment on 257 assessable units within the District

N/A

Borrower to maintain its primary operating account with Hancock Whitney Bank for t11e term of the loan.

N/A

Non-Callable

Standard and reasonable costs related to this loan transaction are the responsibility of the Borrower.

Lake Ashton II Community Development District (Series 2022}
C/O MBS Capital Markets, LLC Attn:  Rhonda Mossing January 6, 2022
Page 2

ADDITIONAL COVENANTS AND CONDITIONS:

FINANCIAL REPORTING:

TAX EXEMPT STATUS:

Receipt and satisfactory review by Hancock Whitney Bank-engaged legal counsel of the legal documentation provided by the Bond Counsel engaged in this transaction. Bond Counsel Opinion to include, among other required information, that the form of the proposed Bonds is regular and proper to include an opinion as to tax exemption and enforceability.

Receipt and satisfactory review of the Supplemental Drafts to the  Master  Trust Indenture for the proposed refunding. The Supplemental Drafts to the Master Trust Indenture will mirror, in all material aspects, the covenants, requirements, agreements, remedies, etc. of the existing Master Trust Indenture with no material deviation that will negatively affect the position of Hancock Whitney Bank.

Receipt and satisfactory review of the Series 2022 Bonds Report utilizing the agreed upon terms (loan amount, interest rate, payment schedule, etc.)

On an annual basis, within 270 days of the Fiscal year end, a copy of the audited  financial statements for the Borrower.

On annual basis, within 90 days of the Fiscal year end, a copy of an internally prepared financial statement for the Borrower.

Failure to provide the financial statements and reports as provided in the preceding paragraphs, after three {3) Business Days' written notice to the District, the District Manager and Counsel to the District, with a copy to the Trustee, shall constitute a "Financial Covenant Reporting Failure." Upon the occurrence of a Financial Covenant Reporting Failure Hancock Whitney Bank may enforce the provisions of this section by action in mandamus or for speciflc performance, to compel performance of the District's financial reporting obligations under this section. A  Financial  Covenant  Reporting Failure under this section shall not constitute an Event of Default under the Master Indenture.

In the event this Loan is deemed to no longer be tax exempt, then in such  event Borrower shall also pay to Bank, at the time such interest is paid all additional amounts which Bank specifies as necessary to preserve the after-tax yield that Bank would have received at each interest payment date had the loan remained tax exempt.

The Borrower agrees to pay, and indemnify Bank with respect to, any present or future stamp or documentary taxes, or any other excise or property taxes, charges or similar levies which arise from any payment made under this Loan or from the execution, delivery or registration of, or otherwise with respect to this Loan or any agreement or instrument required by, or executed or delivered in connection with, this Loan.

This letter is not a commitment to lend, either expressed or implied, and does not impose any obligation on Hancock Whitney Bank to issue a commitment or to make the Loan. The terms and conditions outlined herein are not all-inclusive, but merely reflect the parties' discussions to date and are subject to change upon receipt of all requested information. The issuance of a commitment to make the Loan is subject to full underwriting, due diligence, documentation and approval.

Lake Ashton II Community Development District (Series 2022)
C/O MBS Capital Markets, LLC Attn: Rhonda Mossing January 6, 2022
Page 3

After your review of the above, please call me at (941) 714-3323 or email Andres.Rincon@hancockwhitney.com, with any questions or con,ments you may have prior to your decision.

Kindly execute a copy of this letter and return it to my attention at Hancock Whitney Bank, 4770 S.R. 64 East, Bradenton, FL
34208 on or before January 22, 2022. The closing is to take place on or before February 25, 2022.

Thank you for allowing us the opportunity to provide this loan proposal letter to you. We look forward to working with you.

SincerelY)

(j "  	

Andres Rincon Senior Vice President
Accepted on this fl	ay of tdt

--·-
2022.

IICommun i ty	==

SECTION E

2215 Hurst Rd, Auburndale, FL 33823
863-528-2894 - tammymeadows3@gmail.com TropicalTemptationsLandscaping.com

Maintenance Quote

John & Sandy Milsom
1178 Sawgrass Dr, Winter Haven, FL

Quote includes maintenance of lawn between houses. Approximately 10’ X 100’ for a period of 7 months.
Maintenance includes,
mowing,
weed eating,
edging,
blowing debris.

Total: $622.00

Thank you, Tammy Meadows
Tropical Temptations Landscaping Owner/Designer
863-528-2894

SECTION IX

SECTION B

LA II CDD COMMUNITY DIRECTOR
REPORT
Meeting date:	March 18, 2022

Mary Bosman
mbosman@lakeashton2cdd.com

Projects/Summaries
The following is a listing of updates around the HFC and projects that are being worked on or have been completed since the last LA II Board of Supervisors’
Meeting, on February 18, 2022 (Not necessarily in order).

The Fitness Center flooring installation is completed and looks great!
The Fitness Center equipment orientation has been rescheduled to March 30 due to the flooring being installed.
The Lake Ashton Garden Club has adopted the HFC Pool area to add planters and maintain the plants in them. This work has already been started.
Phase III LED lighting installation is complete. The entire west side of the HFC is now on the new lighting.
3 Seminars have been presented since the last Board meeting. They are:
a Kidney seminar,
a Memory and Balance Seminar, and
Understanding General Surgery and How It Can Affect You.
A successful New Resident Social was hosted at the HFC on the 11th.
The rental contract for Select Rehabilitation Services has been approved and sent in for their signature.
The Volunteer Waiver and Release form has been sent out to the Golf Course, the dog parks and is being utilized at the HFC.
We’re looking forward to our sold-out St. Paddy’s Day party on the18th.

Respectfully submitted,
Mary Bosman

SECTION X

SECTION A

Check Date	Vendor #	Vendor Name	Invoice Date	Invoice Number	Expense Year/Month	Description	GL Dp-Acct-Sub	Amount	Check#	
2/15/22	51	AMERIGAS	1/31/22	69364828	2021/12	PROPANE	320-57200-43100	$	1,453.02	94	
2/15/22	51	AMERIGAS	2/04/22	31325257	2022/2	POOL HEAT	320-57200-43100	$	3,285.33	94	
2/15/22	92	APPLIED AQUATIC MANAGEMENT, INC.	1/31/22	200091	2022/1	SVCS 01/2022	320-57200-46500	$	2,730.00	95	
2/15/22	84	DEX IMAGING	2/04/22	AR729444	2022/2	COPIER LEASE	320-57200-51000	$	196.88	96	
2/15/22	3	FEDEX	12/28/21	76130324	2021/12	DELIVERIES THRU 12/17/21	310-51300-42000	$	33.54	97	
2/15/22	3	FEDEX	1/18/22	76333759	2022/1	DELIVERIES THRU 01/13/22	310-51300-42000	$	85.19	97	
2/15/22	3	FEDEX	1/25/22	76405484	2022/1	DELIVERIES THRU 01/14/22	310-51300-42000	$	24.08	97	
2/15/22	243	FOX HOLLOW ENTERPRISES INC	1/01/22	6868	2022/1	MAINT 01/2022	320-57200-46200	$	3,200.00	98	
2/15/22	58	GMS-CENTRAL FLORIDA, LLC	2/01/22	64	2022/2	MGMT FEES 02/2022	310-51300-34000	$	5,000.00	99	
2/15/22	58	GMS-CENTRAL FLORIDA, LLC	2/01/22	64	2022/2	INFORMATION TECHNOLOGY	310-51300-35100	$	83.33	99	
2/15/22	58	GMS-CENTRAL FLORIDA, LLC	2/01/22	64	2022/2	DISSEMINIATION AGT SVCS	310-51300-31300	$	541.67	99	
2/15/22	58	GMS-CENTRAL FLORIDA, LLC	2/01/22	64	2022/2	POSTAGE	310-51300-42000	$	33.39	99	
2/15/22	58	GMS-CENTRAL FLORIDA, LLC	2/01/22	64	2022/2	COPIES	310-51300-42500	$	0.30	99	
2/15/22	86	HOME DEPOT CREDIT SERVICES	12/22/21	6023509	2021/12	SUPPLIES	320-57200-46020	$	18.98	100	
2/15/22	86	HOME DEPOT CREDIT SERVICES	1/04/22	3024888	2022/1	SUPPLIES	320-57200-46020	$	165.69	100	
2/15/22	86	HOME DEPOT CREDIT SERVICES	1/12/22	5026043	2022/1	SUPPLIES	320-57200-46020	$	19.98	100	
2/15/22	86	HOME DEPOT CREDIT SERVICES	1/14/22	3026249	2022/1	SUPPLIES	320-57200-46020	$	11.98	100	
2/15/22	86	HOME DEPOT CREDIT SERVICES	1/18/22	9026687	2022/1	SUPPLIES	320-57200-46020	$	158.76	100	
2/15/22	86	HOME DEPOT CREDIT SERVICES	1/24/22	3027426	2022/1	SUPPLIES	320-57200-46020	$	123.38	100	
2/15/22	258	KUTAK ROCK LLP	2/09/22	3007797	2022/1	SVCS 01/2022	310-51300-31500	$	4,298.50	101	
2/15/22	258	KUTAK ROCK LLP	2/09/22	3007799	2021/12	SVCS 12/21	310-51300-31500	$	687.50	101	
2/15/22	193	PERFORMANCE PLUS CARTS	2/01/22	10079	2022/2	MAINT 02/2022	320-57200-34530	$	300.00	102	
2/15/22	248	PRINCE & SONS INC	2/01/22	5340	2022/2	MAINT 02/22	320-57200-46200	$	8,925.83	103	
2/15/22	150	RAYL ENGINEERING & SURVEYING, LLC	1/31/22	211608	2022/1	SVCS 01/2022	310-51300-31100	$	2,575.00	104	
2/15/22	150	RAYL ENGINEERING & SURVEYING, LLC	2/07/22	1710161	2022/1	SVCS 01/2022	310-51300-31100	$	2,834.20	104	
2/15/22	152	SECURITAS SECURITY SERVICES USA,INC	2/03/22	10687385	2022/1	SVCS 01/28-02/03/22	320-57200-34500	$	4,062.00	105	
2/15/22	152	SECURITAS SECURITY SERVICES USA,INC	2/10/22	10700049	2022/2	SVCS 02/04-02/10/22	320-57200-34500	$	4,518.77	105	
2/15/22	62	TAMPA ELECTRIC COMPANY	2/14/22	22022	2022/2	SVCS 02/2022	320-57200-43000	$ 12,852.99	106	
2/15/22	161	THE HARTLINE ALARM CO INC	1/31/22	216280	2022/1	SVCS 01/2022	320-57200-34510	$	767.20	107	
2/15/22	218	WELLS FARGO-ELITE CARD	2/03/22	3184-012	2022/1	PURCHASES 01/2022	320-57200-46020	$	912.50	108	
2/15/22	218	WELLS FARGO-ELITE CARD	2/03/22	3184-012	2022/1	PURCHASES 01/2022	320-57200-49400	$	801.47	108	

Check Date	Vendor #	Vendor Name	Invoice Date	Invoice Number	Expense Year/Month	Description	GL Dp-Acct-Sub	Amount	Check#	
2/15/22	218	WELLS FARGO-ELITE CARD	2/03/22	3184-012	2022/1	PURCHASES 01/2022	320-57200-51000	$	405.28	108	
2/18/22	260	STATE BOARD OF ADMINISTRATION	2/18/22	21822	2022/2	TXFER EXCESS FUNDS TO SBA	300-15100-10000	$ 600,000.00	109	
2/23/22	81	MARY BOSMAN	2/01/22	20122	2022/2	FEB 22 HEALTH INSURANCE	320-57200-43000	$	250.00	110	
2/23/22	140	RYAN A BUSWELL	2/01/22	20122	2022/2	FEB 22 HEALTH INSURANCE	320-57200-23000	$	46.48	111	
2/23/22	140	RYAN A BUSWELL	2/20/22	22022	2022/2	IT SERVICES	320-57200-34100	$	227.50	111	
2/23/22	259	KRYSTLE FUNK	2/01/22	20122	2022/2	FEB 22 HEALTH INSURANCE	320-57200-23000	$	190.08	112	
2/23/22	170	JAMES MARGESON	2/01/22	20122	2022/2	FEB 22 HEALTH INSURANCE	320-57200-23000	$	250.00	113	
2/23/22	87	KAREN VANKIRK	2/01/22	20122	2022/2	FEB 22 HEALTH INSURANCE	320-57200-23000	$	128.04	114	
3/01/22	76	CHARTER COMMUNICATIONS	2/12/22	5018300	2022/2	SERVICE THRU 03/10/202	320-57200-41000	$	743.13	115	
3/01/22	64	CITY OF WINTER HAVEN	2/18/22	792406-0	2022/2	SERVICE THRU 02/04/2022	320-57200-43200	$	9.79	116	
3/01/22	64	CITY OF WINTER HAVEN	2/18/22	792402-0	2022/2	SEERVICE THRU 02/04/2022	320-57200-43200	$	772.26	117	
3/01/22	68	PAULETTE EDMONDS	2/28/22	22822	2022/2	CLASS INSTRUCTION	320-57200-34100	$	300.00	118	
3/01/22	69	LAURIE HEVERLY	2/28/22	22822	2022/2	CLASS INSTRUCTION	320-57200-34100	$	925.00	119	
3/01/22	242	SANDRA PAPINEAU	2/28/22	22822	2022/2	CLASS INSTRUCTION	320-57200-34100	$	200.00	120	
3/01/22	80	REPUBLIC SERVICES #654	2/14/22	0654-001	2022/3	SERVICE THRU 03/31/2022	320-57200-34900	$	327.30	121	
3/02/22	51	AMERIGAS	2/12/22	31328953	2022/2	POOL HEAT	320-57200-43100	$	1,674.60	122	
3/02/22	51	AMERIGAS	2/17/22	31330858	2022/2	POOL HEAT	320-57200-43100	$	906.53	122	
3/02/22	92	APPLIED AQUATIC MANAGEMENT, INC.	11/30/21	198702	2021/12	SVCS 12/21	320-57200-46500	$	2,730.00	123	
3/02/22	64	CITY OF WINTER HAVEN	2/18/22	792401-0	2022/1	SVCS 01/22	320-57200-43200	$	437.83	124	
3/02/22	261	AVIS DOUGLAS	2/14/22	2122022	2022/2	REFUND-02/12/22	300-22000-10000	$	500.00	125	
3/02/22	3	FEDEX	2/22/22	76692002	2022/2	DELIVERIES THRU 02/15/22	310-51300-42000	$	20.10	126	
3/02/22	70	FLORIDA PEST CONTROL	2/17/22	8709669	2022/2	SVCS 02/22	320-57200-34800	$	128.00	127	
3/02/22	243	FOX HOLLOW ENTERPRISES INC	2/08/22	1778A	2022/2	50% DEPOST-PAVERS	320-57200-46230	$	2,150.00	128	
3/02/22	99999	******INVALID VENDOR NUMBER******	3/02/22	VOID	2022/3	VOID CHECK	--	$	-	129	
3/02/22	86	HOME DEPOT CREDIT SERVICES	2/02/22	4028494	2022/2	SUPPLIES	320-57200-46030	$	40.15	130	
3/02/22	86	HOME DEPOT CREDIT SERVICES	2/05/22	1824962	2022/2	SUPPLIES	310-51300-51000	$	73.82	130	
3/02/22	86	HOME DEPOT CREDIT SERVICES	2/07/22	9020577	2022/2	SUPPLIES	320-57200-46020	$	37.08	130	
3/02/22	86	HOME DEPOT CREDIT SERVICES	2/07/22	9020578	2022/2	SUPPLIES	600-53800-67000	$	118.91	130	
3/02/22	86	HOME DEPOT CREDIT SERVICES	2/07/22	9606134	2022/2	SUPPLIES	600-53800-67000	$	481.24	130	
3/02/22	86	HOME DEPOT CREDIT SERVICES	2/09/22	7020809	2022/2	SUPPLIES	320-57200-46020	$	107.85	130	
3/02/22	86	HOME DEPOT CREDIT SERVICES	2/09/22	7876722	2022/2	SUPPLIES	600-53800-67000	$	2,014.08	130	

Check Date	Vendor #	Vendor Name	Invoice Date	Invoice Number	Expense Year/Month	Description	GL Dp-Acct-Sub	Amount	Check#	
3/02/22	86	HOME DEPOT CREDIT SERVICES	2/15/22	1552939	2022/2	SUPPLIES	320-57200-46020	$	147.64	130	
3/02/22	236	JANI-KING OF ORLANDO	3/01/22	2199444	2022/3	SVCS-03/22	320-57200-46010	$	2,360.00	131	
3/02/22	135	KINCAID ELECTRICAL SERVICES INC	2/15/22	102057	2022/2	REPAIRS-02/22	320-57200-46020	$	95.00	132	
3/02/22	107	POOL & PATIO CENTER	1/06/22	10220846	2022/1	SALES	320-57200-46400	$	116.99	133	
3/02/22	107	POOL & PATIO CENTER	1/24/22	10220886	2022/1	SALES	320-57200-46400	$	399.00	133	
3/02/22	101	POOLSURE	2/01/22	5626484	2022/2	SVCS 02/22	320-57200-46400	$	618.38	134	
3/02/22	248	PRINCE & SONS INC	2/07/22	5026	2022/2	SVCS 02/22	320-57200-46200	$	691.94	135	
3/02/22	152	SECURITAS SECURITY SERVICES USA,INC	2/17/22	10705413	2022/2	SVCS 02/11-02/17/22	320-57200-34500	$	4,498.83	136	
3/02/22	152	SECURITAS SECURITY SERVICES USA,INC	2/24/22	10714275	2022/2	SVCS 02/18-02/24/22	320-57200-34500	$	4,809.93	136	
3/02/22	119	WELLS FARGO VENDOR FIN SERV	2/15/22	50189816	2022/3	COPIER LEASE	320-57200-51000	$	252.57	137	
								$ 690,886.79		

CHECK REGISTER-CAPITAL PROJECTS FUND

Check Date	Vendor #	Vendor Name	Invoice Date	Invoice Number	Expense Year/Month	Description	GL Dp-Acct-Sub	Amount	Check#	
2/15/22	39	ATHLETIC TRAINING SYSTEMS, INC.	1/25/22	6376	2022/1	50% DEPOSIT-COURT FLOORIN	600-53800-68070	$ 16,727.15	109	
2/15/22	34	PRINCE & SONS INC	12/07/21	5025	2021/12	SVCS 12/2021	600-53800-69000	$	1,850.89	110	
2/15/22	5	RAYL ENGINERING SURVEYING, LLC	1/31/22	2016016	2022/1	SVCS 01/2022	600-53800-68060	$	1,182.37	111	
								$ 19,760.41		

SECTION B

LAKE ASHTON II
COMMUNITY DEVELOPMENT DISTRICT
UNAUDITED FINANCIAL REPORTING AS OF
February 28, 2022

MEETING DATE
March 18, 2022

Table of Contents

 	FINANCIAL STATEMENTS - FEBRUARY 28, 2022

 	CHECK RUN SUMMARY

 	SPECIAL ASSESSMENT RECEIPTS SCHEDULE - FEBRUARY 28, 2022

LAKE ASHTON II
COMMUNITY DEVELOPMENT DISTRICT BALANCE SHEET
February 28, 2022

 	MAJOR FUNDS		TOTAL
DEBT	CAPITAL	GOVERNMENTAL
 	GENERAL	 	SERVICE	 	PROJECTS	 	FUNDS	

ASSETS:
CASH-WELLS FARGO	$1,570	---	$13,193	$14,762
CASH-HANCOCK WHITNEY	$300,388	---	---	$300,388
PETTY CASH		$5,117		---			---			$5,117 DUE FROM GENERAL FUND			---	$33,531		$36,761		$70,292 INVESTMENT - STATE BOARD - SURPLUS FUNDS	$600,010		---	$380,993	$981,003

SERIES 2006A
REVENUE A	---	$1	---	$1

SERIES 2021
REVENUE	---	$231,582	---	$231,582	
COST OF ISSUANCE	---	---	$7,544	$7,544	

SERIES 2022
REVENUE	---	$9,391	---	$9,391	
COST OF ISSUANCE	---	---	$14,752	$14,752	
DEPOSITS	$23,307	---	---	$23,307	
TOTAL ASSETS	 	$930,392	$274,505	$453,243	$1,658,140

LIABILITIES:		
ACCOUNTS PAYABLE	$25,748	---	---	$25,748	
ACCRUED EXPENSES	$9,730	---	---	$9,730	
ROOM RENTAL DEPOSITS	$1,000	---	---	$1,000	
DEFERRED REVENUE	$938	---	---	$938	
DUE TO DEBT SERVICE - SERIES 2021A	$16,254	---	---	$16,254	
DUE TO DEBT SERVICE - SERIES 2022	$17,277	---	---	$17,277	
DUE TO CAPITAL RESERVE FUND	$36,761	---	---	$36,761	

TOTAL LIABILITIES	 	$107,708 	$0 	$0 	$107,708 

FUND BALANCES:
NONSPENDABLES:
DEPOSITS - TECO	$23,307	---	---	$23,307 RESTRICTED FOR:
DS-SERIES 2006A	---	$17,278	---	$17,278	
DS-SERIES 2021	---	$247,836	---	$247,836	
DS-SERIES 2022	---	$9,391	---	$9,391	
CAPITAL PROJECTS	---	---	$453,243	$453,243	
ASSIGNED FOR GENERAL FUND	$136,916			$136,916	
UNASSIGNED FOR GENERAL FUND	$662,461	---	---	$662,461	

TOTAL FUND BALANCES	 	$822,684 	$274,505 	$453,243 	$1,550,433 
TOTAL LIABILITIES & FUND BALANCES	 	$930,392	$274,505	$453,243	$1,658,140

 DESCRIPTION	

REVENUES:	ADOPTED
    BUDGET 		PRORATED BUDGET
     THRU 02/28/22 		ACTUAL
 THRU 02/28/22 		
  VARIANCE 	
SPECIAL ASSESSMENTS - TAX COLLECTOR	$1,649,343		$1,489,818		$1,489,818		$0	
INTEREST EARNED	$750		$313		$17		($296)	
RENTAL FEES	$1,000		$417		$150		($267)	
SECURITY GUARD REVENUE	$0		$0		$822		$822	
TABLE RENTALS	$0		$0		$573		$573	
OFF DUTY OFFICER REVENUE	$0		$0		$0		$0	
ICE CREAM SOCIAL REVENUE	$0		$0		$456		$456	
CONTRIBUTIONS	$0		$0		$952		$952	
CONTRIBUTIONS-RATTLESNAKE LAKE	$0		$0		$11,663		$11,663	
HFC REVENUE	$0		$0		$6,117		$6,117	
TOTAL REVENUES	  $1,651,094 		 	$1,490,548 		 	$1,510,569 		     $20,021 	
EXPENDITURES:								
ADMINISTRATIVE:								
ARBITRAGE	$1,200		$600		$600		$0	
ANNUAL AUDIT	$5,050		$2,104		$0		$2,104	
BOUNDARY AMENDMENT	$45,000		$18,750		$0		$18,750	
COMPUTER TIME	$1,000		$417		$417		$0	
DISSEMINATION	$6,500		$2,708		$2,958		($250)	
DUES, LICENSES, SUBSCRIPTIONS	$175		$73		$175		($102)	
INSURANCE	$12,730		$12,730		$12,568		$162	
LEGAL ADVERTISING	$1,500		$625		$3,079		($2,454)	
MANAGEMENT	$61,800		$25,750		$25,000		$750	
OFFICE SUPPLIES	$250		$104		$390		($286)	
OTHER CURRENT CHARGES	$2,700		$1,125		$984		$142	
POSTAGE	$2,000		$833		$580		$254	
PRINTING & BINDING	$1,000		$417		$23		$394	
TELEPHONE	$50		$21		$0		$21	
TRUSTEE FEES	$10,600		$4,310		$4,310		$0	
TOTAL ADMINISTRATIVE	     $151,555 		 	$70,567 		 	$51,083 		     $19,485 	
FIELD:								
ATTORNEY	$40,000	$16,667	$15,074	$1,593	
BUILDING CONTRACT SERVICES
SECURITY SERVICES	
$7,200	
$3,000	
$1,157	
$1,843	
CLEANING SERVICES	$28,320	$11,800	$11,800	$0	
POOL MAINTENANCE	$8,400	$3,500	$3,631	($131)	
BUILDING GROUNDS MAINTENANCE & SUPPLIES								
BUILDING MAINTENANCE/SUPPLIES	$30,363	$12,651	$4,556	$8,095	
GROUNDS MAINTENANCE/SUPPLIES	$7,897	$3,290	$146	$3,145	
BUILDING MAINTENANCE-GOLF COURSE	$0	$0	$0	$0	
GROUNDS MAINTENANCE-GOLF COURSE	$0	$0	$0	$0	
PEST CONTROL	$1,340	$558	$719	($161)	
MILEAGE	$400	$167	$52	$114	
ENGINEERRING	$25,000	$10,417	$19,222	($8,806)	
HFC SPECIAL EVENTS	$5,000	$2,083	$3,313	($1,230)	
LANDSCAPE CONTRACT SERVICES	$168,610	$70,254	$60,271	$9,983	
IRRIGATION MAINTENANCE	$2,000	$833	$235	$598	
LAKE MAINTENANCE	$35,560	$14,817	$14,350	$467	
LAKE MAINTENANCE-RATTLESNAKE LAKE	$0	$0	$11,663	($11,663)	
OFFICE SUPPLIES/PRINTING/BINDING	$13,000	$5,417	$3,152	$2,265	
PERMITS/INSPECTIONS	$1,500	$625	$159	$466	

 DESCRIPTION	 PERSONNEL EXPENSES	ADOPTED
    BUDGET 	PRORATED BUDGET
     THRU 02/28/22 	ACTUAL
 THRU 02/28/22 	
  VARIANCE 	
EXERCISE INSTRUCTORS	$18,000	$7,500	$9,048	($1,548)	
FICA EXPENSE	$15,751	$6,563	$6,608	($45)	
HEALTH INSURANCE	$10,623	$4,426	$3,335	$1,091	
SALARIES	$205,900	$85,792	$86,379	($587)	
INSURANCE	$1,824	$760	$1,514	($754)	
PROPERTY INSURANCE	$25,665	$25,665	$28,522	($2,857)	
SECURITY CONTRACT SERVICES				$0	
GATE ATTENDANTS	$196,170	$81,738	$88,763	($7,026)	
OFF DUTY SECURITY-EVENTS	$0	$0	$238	($238)	
VIDEO SECURITY-ADT	$0	$0	$0	$0	
SECURITY EXTRAS	$4,000	$1,667	$1,383	$284	
UTILITIES					
ELECTRIC	$135,000	$56,250	$58,660	($2,410)	
REFUSE	$3,000	$1,250	$1,340	($90)	
WATER	$26,000	$10,833	$8,603	$2,230	
TELEPHONE	$15,000	$6,250	$4,939	$1,311	
GAS/PROPANE	 	$26,000 	 	$10,833 	 	$19,962 	      ($9,129) 	
TOTAL FIELD	 $1,057,523 	 	$455,606 	 	$468,794 	    ($13,188) 	

TOTAL PROJECT:

FIRST QUARTER OPERATING RESERVES	$243,730	$101,554	$0	$101,554

TOTAL PROJECT	 $243,730 		 	$101,554 		 	$0 		   $101,554 	
TOTAL EXPENDITURES	 $1,452,808 		 	$627,727 		 	$519,877 		   $107,850 	
EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES	 $198,286 		
 	$862,821 		
 	$990,692 		
   $127,871 	
OTHER FINANCING SOURCES/(USES):							
INTERFUND TRANSFER IN/(OUT)-CAPITAL RESERVE	($335,202)		($335,202)		($335,202)		$0	
TOTAL OTHER FINANCING SOURCES/(USES)	   ($335,202) 		 	($335,202) 		 	($335,202) 		 	$0 	
NET CHANGE IN FUND BALANCE	($136,916)		$527,619		$655,490		$127,871	
FUND BALANCE - Beginning	$136,916				$167,195			
FUND BALANCE - Ending	 	$0 				$822,684			

ADOPTED BUDGET	OCT	NOV	DEC	JAN	FEB	MAR		APR		MAY		JUN		JUL		AUG		SEPT		TOTAL	
REVENUES:																
SPECIAL ASSESSMENTS - TAX COLLECTOR	.300.363.10000	$1,649,343	$0	$255,994	$1,109,826	$43,427	$80,571	$0	$0	$0	$0	$0	$0	$0	$1,489,818	
INTEREST EARNED	.300.361.10000	$750	$5	$2	$0	$0	$10	$0	$0	$0	$0	$0	$0	$0	$17	
RENTAL FEES	.300.362.10000	$1,000	$0	$0	$0	$150	$0	$0	$0	$0	$0	$0	$0	$0	$150	
SECURITY GUARD REVENUE	.300.362.10100	$0	$472	$0	$200	$150	$0	$0	$0	$0	$0	$0	$0	$0	$822	
TABLE RENTALS	.300.362.10200	$0	$260	$313	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$573	
OFF DUTY OFFICER REVENUE	.300.362.10300	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
ICE CREAM SOCIAL REVENUE	.300.362.10500	$0	$340	$0	$0	$0	$116	$0	$0	$0	$0	$0	$0	$0	$456	
CONTRIBUTIONS	.300.366.10100	$0	$0	$412	$250	$200	$90	$0	$0	$0	$0	$0	$0	$0	$952	
CONTRIBUTIONS-RATTLESNAKE LAKE	.300.366.10200	$0	$0	$0	$845	$10,818	$0	$0	$0	$0	$0	$0	$0	$0	$11,663	
HFC REVENUE	.300.369.10000	$0	$1,498	$154	$35	$0	$4,430	$0	$0	$0	$0	$0	$0	$0	$6,117	
CARRY FORWARD SURPLUS	.300.271.10000	$136,916	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
TOTAL REVENUES		$1,788,010	$2,575	$256,875	$1,111,156	$54,745	$85,217	$0	$0	$0	$0	$0	$0	$0	$1,510,569	

EXPENDITURES:																
ADMINISTRATIVE																
ARBITRAGE	310.513.31200	$1,200	$0	$0	$0	$600	$0	$0	$0	$0	$0	$0	$0	$0	$600	
ANNUAL AUDIT	310.513.32200	$5,050	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
BOUNDARY AMENDMENT	310.513.31501	$45,000	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
COMPUTER TIME	310.513.31500	$1,000	$83	$83	$83	$83	$83	$0	$0	$0	$0	$0	$0	$0	$417	
DISSEMINATION	310.513.31300	$6,500	$792	$542	$542	$542	$542	$0	$0	$0	$0	$0	$0	$0	$2,958	
DUES, LICENSES, SUBSCRIPTIONS	310.513.54000	$175	$175	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$175	
INSURANCE	310.513.45000	$12,730	$12,568	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$12,568	
LEGAL ADVERTISING	310.513.48000	$1,500	$2,717	$87	$274	$0	$0	$0	$0	$0	$0	$0	$0	$0	$3,079	
MANAGEMENT	310.513.34000	$61,800	$5,000	$5,000	$5,000	$5,000	$5,000	$0	$0	$0	$0	$0	$0	$0	$25,000	
OFFICE SUPPLIES	310.513.51000	$250	$43	$20	$253	$0	$74	$0	$0	$0	$0	$0	$0	$0	$390	
OTHER CURRENT CHARGES	310.513.49000	$2,700	$209	$209	$256	$197	$112	$0	$0	$0	$0	$0	$0	$0	$984	
POSTAGE	310.513.42000	$2,000	$136	$136	$120	$134	$53	$0	$0	$0	$0	$0	$0	$0	$580	
PRINTING & BINDING	310.513.42500	$1,000	$0	$22	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$23	
TELEPHONE	310.513.41000	$50	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
TRUSTEE FEES	310.513.32300	$10,600	$0	$0	$4,310	$0	$0	$0	$0	$0	$0	$0	$0	$0	$4,310	
TOTAL ADM. EXPENDITURES		$151,555	$21,724	$6,101	$10,838	$6,556	$5,864	$0	$0	$0	$0	$0	$0	$0	$51,083	

FIELD:

ATTORNEY	310.513.31500	$40,000	$3,108	$3,480	$688	$4,299	$3,500	$0	$0	$0	$0	$0	$0	$0	$15,074	
BUILDING CONTRACT SERVICES																
SECURITY SERVICES	320.572.34510	$7,200	$195	$0	$0	$962	$0	$0	$0	$0	$0	$0	$0	$0	$1,157	
CLEANING SERVICES	320.572.46010	$28,320	$2,360	$2,360	$2,360	$2,360	$2,360	$0	$0	$0	$0	$0	$0	$0	$11,800	
POOL MAINTENANCE	320.572.46400	$8,400	$692	$567	$618	$1,134	$618	$0	$0	$0	$0	$0	$0	$0	$3,631	
TOTAL BUILDING CONTRACT SERVICES		$43,920	$3,247	$2,927	$2,978	$4,457	$2,978	$0	$0	$0	$0	$0	$0	$0	$16,588	
BUILDING /GROUNDS MAINTENANCE & SUPPLIES																
BUILDING MAINTENANCE/SUPPLIES	320.572.46020	$30,363	$691	$2,198	($113)	$1,392	$388	$0	$0	$0	$0	$0	$0	$0	$4,556	
GROUNDS MAINTENANCE/SUPPLIES	320.572.46030	$7,897	$28	$77	$0	$0	$40	$0	$0	$0	$0	$0	$0	$0	$146	
BUILDING MAINTENANCE-GOLF COURSE	320.572.46060	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
GROUNDS MAINTENANCE-GOLF COURSE	320.572.46070	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
PEST CONTROL	320.572.34800	$1,340	$128	$128	$128	$207	$128	$0	$0	$0	$0	$0	$0	$0	$719	
MILEAGE	320.572.46050	 	$400 	$0	$0	$52	$0	$0	$0	$0	$0	$0	$0	$0	$0	$52	
TOTAL BUILDING /GROUNDS MAINTENANCE & SUPPLIES		$40,000	$847	$2,404	$67	$1,599	$556	$0	$0	$0	$0	$0	$0	$0	$5,474	
ENGINEERING	310.513.31100	$25,000	$1,963	$4,485	$3,865	$5,409	$3,500	$0	$0	$0	$0	$0	$0	$0	$19,222	
HFC SPECIAL EVENTS	320.572.49400	$5,000	$979	$623	$910	$801	$0	$0	$0	$0	$0	$0	$0	$0	$3,313	

ADOPTED BUDGET	OCT	NOV	DEC	JAN	FEB	MAR		APR		MAY		JUN		JUL		AUG		SEPT		TOTAL	
LANDSCAPE CONTRACT SERVICES	320.572.46200	$168,610	$12,126	$12,126	$12,126	$12,126	$11,768	$0	$0	$0	$0	$0	$0	$0	$60,271	
IRRIGATION MAINTENANCE	320.572.46210	$2,000	$0	$0	$235	$0	$0	$0	$0	$0	$0	$0	$0	$0	$235	
LAKE MAINTENANCE	320.572.46500	$35,560	$2,730	$2,730	$3,430	$2,730	$2,730	$0	$0	$0	$0	$0	$0	$0	$14,350	
LAKE MAINTENANCE-RATTLESNAKE LAKE	320.572.46501	$0	$0	$0	$845	$10,818	$0	$0	$0	$0	$0	$0	$0	$0	$11,663	
OFFICE SUPPLIES/PRINTING/BINDING	320.572.51000	$13,000	$217	$893	$1,187	$405	$449	$0	$0	$0	$0	$0	$0	$0	$3,152	
PERMITS/INSPECTIONS	320.572.49300	$1,500	$0	$159	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$159	
PERSONNEL EXPENSES																
EXERCISE INSTRUCTORS	320.572.34100	$18,000	$2,035	$1,583	$1,718	$1,955	$1,758	$0	$0	$0	$0	$0	$0	$0	$9,048	
FICA EXPENSE	320.572.21000	$15,751	$1,120	$1,102	$1,755	$1,315	$1,315	$0	$0	$0	$0	$0	$0	$0	$6,608	
HEALTH INSURANCE	320.572.23000	$10,623	$576	$576	$704	$865	$615	$0	$0	$0	$0	$0	$0	$0	$3,335	
SALARIES	320.572.12000	$205,900	$14,642	$14,410	$22,945	$17,196	$17,186	$0	$0	$0	$0	$0	$0	$0	$86,379	
INSURANCE	320.572.24000	$1,824	$1,514	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$1,514	
PERSONNEL EXPENSES		$252,098	$19,887	$17,671	$27,122	$21,331	$20,872	$0	$0	$0	$0	$0	$0	$0	$106,883	
PROPERTY INSURANCE	320.572.45000	$25,665	$28,522	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$28,522	
SECURITY CONTRACT SERVICES																
GATE ATTENDANTS	320.572.34500	$196,170	$16,471	$21,044	$16,852	$20,570	$13,828	$0	$0	$0	$0	$0	$0	$0	$88,763	
OFF DUTY SECURITY-EVENTS	320.572.34501	$0	$238	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$238	
VIDEO SECURITY-ADT	320.572.34520	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	
SECURITY EXTRAS	320.572.34530	$4,000	$183	$300	$300	$300	$300	$0	$0	$0	$0	$0	$0	$0	$1,383	
TOTAL SECURITY CONTRACT SERVICES	$200,170	$16,892	$21,344	$17,152	$20,870	$14,128	$0	$0	$0	$0	$0	$0	$0	$90,384	
UTILITIES																
ELECTRIC	320.572.43000	$135,000	$11,394	$11,151	$10,878	$12,134	$13,103	$0	$0	$0	$0	$0	$0	$0	$58,660.49	
REFUSE	320.572.34900	$3,000	$264	$264	$269	$269	$273	$0	$0	$0	$0	$0	$0	$0	$1,340.27	
WATER	320.572.43200	$26,000	$2,603	$2,500	$725	$1,942	$833	$0	$0	$0	$0	$0	$0	$0	$8,603.24	
TELEPHONE	320.572.41000	$15,000	$977	$977	$977	$975	$1,034	$0	$0	$0	$0	$0	$0	$0	$4,938.58	
GAS/PROPANE	320.572.43100	$26,000	$2,722	$4,108	$3,263	$4,002	$5,866	$0	$0	$0	$0	$0	$0	$0	$19,961.99	
TOTAL UTILITIES		$205,000	$17,959	$19,000	$16,112	$19,322	$21,110	$0	$0	$0	$0	$0	$0	$0	$93,505	

TOTAL FIELD EXPENDITURES	$1,057,523	$108,477	$87,842	$86,717	$104,167	$81,592	$0	$0	$0	$0	$0	$0	$0	$468,794	

FIRST QUARTER OPERATING RESERVES	$243,730	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0

OTHER SOURCES/(USES)

INTERFUND TRANSFER IN/(OUT)	300.581.10000	($335,202)	$0	$0	$0	($335,202)	$0	$0	$0	$0	$0	$0	$0	$0	($335,202)	
TOTAL OTHER SOURCES/(USES)	($335,202)	$0	$0	$0	($335,202)	$0	$0	$0	$0	$0	$0	$0	$0	($335,202)	

TOTAL EXPENDITURES	$1,788,010	$130,201	$93,942	$97,555	$445,925	$87,456	$0	$0	$0	$0	$0	$0	$0	$855,079	
EXCESS/REVENUES(EXPENDITURES	$0	($127,626)	$162,933	$1,013,601	($391,180)	($2,239)	$0	$0	$0	$0	$0	$0	$0	$655,490	

LAKE ASHTON II
COMMUNITY DEVELOPMENT DISTRICT
CAPITAL PROJECTS
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE PERIOD ENDED FEBRUARY 28, 2022

 DESCRIPTION	

REVENUES:		ADOPTED
 	BUDGET			PRORATED BUDGET
 	THRU 02/28/22			ACTUAL
 	THRU 02/28/22			 	VARIANCE		
CAPITAL RESERVE - TRANSFER IN		$335,202		$335,202		$335,202		$0	
MISCELLANEOUS INCOME		$0		$0		$0		$0	
INTEREST EARNED		$600		$250		$161		($89)	
TOTAL REVENUES		 	$335,802 		 	$335,452 		 	$335,363 		 	($89) 	
EXPENDITURES:									
BANK CHARGES	$600	$250	$304	($54)	

CAPITAL PROJECTS - FY19
ANNUAL EXPENSES:									
PUBLIC WORKS-BRIDGES/PATHWAYS (ROADWAYS) (1)	$20,000	$20,000	$20,168	($168)	
EQUIPMENT-ATHLETIC	$4,500	$4,443	$4,443	$0	
LANDSCAPE REPLACEMENT	$10,000	$19,604	$19,604	$0	
OTHER CAPITAL PROJECT EXPENSES	$30,000	$22,789	$22,789	$0	

BOUNDARY AMENDMENT
SPECIFIC PROJECTS:									
KITCHEN EQUIPMENT	$10,000	$4,167	$0	$4,167	
POOL/SPA REPAIRS	$14,400	$10,380	$10,380	$0	
SPLIT SYSTEM (AIR HANDLER)	$50,000	$20,833	$154	$20,679	
ASHTON BLVD.	$65,246	$27,186	$0	$27,186	
SURGE PROTECTION	$23,000	$9,583	$0	$9,583	
CONFERENCE SYSTEM	$0	$0	$640	($640)	
PAINT HFC/GS	$20,000	$20,000	$18,750	$1,250	
ROOF REPAIRS	$200,000	$83,333	$2,478	$80,855	
HOLE 6 RESTROOM	$0	$0	$23,779	($23,779)	
FITNESS FLOOR	$0	$0	$7,685	($7,685)	
RACQUETBALL/SPORTS COURT	$0	$0	$33,454	($33,454)	
PROMISSORY NOTE PAYMENT	$142,997	$142,997	$142,997	$0	
TOTAL EXPENDITURES	 	$590,743 		 	$385,565 		 	$307,625 		 	$77,941 	
EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES	 	($254,941) 		
 	($50,113) 		
 	$27,739 		
 	$77,852 	
NET CHANGE IN FUND BALANCE	($254,941)		($50,113)		$27,739		$77,852	
								
FUND BALANCE - Beginning	$380,441				$403,208			
FUND BALANCE - Ending	 	$125,500 				$430,946			

(1) Road repairs not used during the current fiscal year will be set aside in an investment account to use for future road repairs.

Page 6

 DESCRIPTION	

REVENUES:		ADOPTED
   BUDGET 		PRORATED BUDGET
 	THRU 02/28/22			ACTUAL
 THRU 02/28/22 		   VARIANCE 	
ASSESSMENTS - ON ROLL		$306,900		$262,643		$262,643		$0	
ASSESSMENTS - PPMTS		$0		$0		$12,414		$12,414	
INTEREST INCOME		$0		$0		$4		$4	
TOTAL REVENUES		$306,900		$262,643		$275,061		$12,418	

EXPENDITURES:									
SERIES 2006A:									
INTEREST - 11/1		$90,365		$90,365		$89,703		$663	
INTEREST - 5/1		$90,365		$0		$0		$0	
PRINCIPAL - 5/1		$125,000		$0		$0		$0	
SPECIAL CALL - 11/1		$40,000		$40,000		$65,000		($25,000)	
TOTAL EXPENDITURES	 $345,730 		 	$130,365 		 	$154,703 		 	($24,338) 	
EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES	 ($38,830) 		
 	$132,278 		
 	$120,358 		
 	($11,920) 	
OTHER FINANCIANG SOURCES/(USES):								
REFUNDING BOND PROCEEDS	$0		$0		$3,052,636		$3,052,636	
INTERFUND TRANSFER	$0		$0		($14,152)		($14,152)	
PAYMENT TO ESCROW AGENT	$0		$0		($3,385,105)		($3,385,105)	
TOTAL OTHER FINANCIANG SOURCES/(USES)	 	$0 		 	$0 		 	($346,621) 		     ($346,621) 	
NET CHANGE IN FUND BALANCE	($38,830)		$132,278		($226,263)		($358,541)	
								
FUND BALANCE - Beginning	$136,978				$243,542			
FUND BALANCE - Ending	    $98,148 				 	$17,278 			

 DESCRIPTION	

REVENUES:	   BUDGET 		 	THRU 02/28/22			 THRU 02/28/22 		 VARIANCE 	
ASSESSMENTS - ON ROLL	$368,950		$247,087		$247,087		$0	
INTEREST INCOME	$25		$2		$3		$1	
TOTAL REVENUES	$368,975		$247,089		$247,090		$1	

EXPENDITURES:								
SERIES 2021:
INTEREST - 11/1	
$100,916		
$100,916		
$9,450		
$91,466	
INTEREST - 5/1	$100,916		$0		$0		$0	
PRINCIPAL - 5/1	$170,000		$0		$0		$0	
SPECIAL CALL - 11/1	$55,000		$0		$0		$0	
TOTAL EXPENDITURES	 $426,831 		 	$100,916 		 	$9,450 		    $91,466 	
EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES	 ($57,857) 		
 	$146,173 		
 	$237,640 		
    $91,467 	
OTHER FINANCING SOURCES/(USES):								
INTERFUND TRANSFER	$0		$0		($2)		($2)	
TOTAL OTHER FINANCIANG SOURCES/(USES)	 	$0 		 	$0 		 	($2) 		 	($2) 	
NET CHANGE IN FUND BALANCE	($57,857)		$146,173		$237,638		$91,465	
								
FUND BALANCE - Beginning	$192,448				$10,198			
FUND BALANCE - Ending	  $134,592 				 	$247,836 			

DEBT SERVICE FUND - SERIES 2022
STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES FOR THE PERIOD ENDED FEBRUARY 28, 2022

 DESCRIPTION			ADOPTED
   BUDGET 		PRORATED BUDGET
 	THRU 02/28/22			ACTUAL
 THRU 02/28/22 		 VARIANCE 	
REVENUES:									
ASSESSMENTS - ON ROLL		$0		$0		$0		$0	
INTEREST INCOME		$0		$0		$0		$0	
TOTAL REVENUES		$0		$0		$0		$0	

EXPENDITURES:									
SERIES 2022:
INTEREST - 11/1		
$0		
$0		
$0		
$0	
INTEREST - 5/1		$0		$0		$0		$0	
PRINCIPAL - 5/1		$0		$0		$0		$0	
TOTAL EXPENDITURES	 	$0 		 	$0 		 	$0 		 	$0 	
EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES	 	$0 		
 	$0 		
 	$0 		
 	$0 	
OTHER FINANCING SOURCES/(USES):								
INTERFUND TRANSFER	$0		$0		$9,391		$9,391	
TOTAL OTHER FINANCIANG SOURCES/(USES)	 	$0 		 	$0 		 	$9,391 		 	$9,391 	
NET CHANGE IN FUND BALANCE	$0		$0		$9,391		$9,391	
								
FUND BALANCE - Beginning	$0				$0			
FUND BALANCE - Ending	 	$0 				 	$9,391 			

Long Term Debt Report FY 2022

Series 2021, Capital Improvement Revenue Refunding Bonds	
Interest Rate:	Various		
Maturity Date:	5/1/36	$3,535,000.00	
Bonds outstanding - 9/15/2021		$3,535,000.00	
	May 1, 2022 (Mandatory)	$0.00	
Current Bonds Outstanding		$3,535,000.00	

Series 2022, Capital Improvement Revenue Refunding Bonds	
Interest Rate:	Various		
Maturity Date:	5/1/38	$3,245,000.00	
Bonds outstanding - 2/22/2022		$3,245,000.00	
	May 1, 2022 (Mandatory)	$0.00	
Current Bonds Outstanding		$3,245,000.00	

Total Current Bonds Outstanding	$6,780,000.00	

 DESCRIPTION	

REVENUES:

INTEREST EARNED	  BUDGET 

$0		 	THRU 02/28/22	

$0		 THRU 02/28/22 

$0		 VARIANCE 

$0	
TOTAL REVENUES	 	$0 		 	$0 		 	$0 		 	$0 	
EXPENDITURES:								
CAPITAL OUTLAY	$0		$0		$0		$0	
TOTAL EXPENDITURES	 	$0 		 	$0 		 	$0 		 	$0 	
EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES	 	$0 		
 	$0 		
 	$0 		
 	$0 	
OTHER FINANCIANG SOURCES/(USES):								
PAYMENT TO ESCROW AGENT	$0		$0		($4,791)		($4,791)	
INTERFUND TRANSFER IN/(OUT)	$0		$0		$4,762		$4,762	
BOUNDARY AMENDMENT
TOTAL OTHER FINANCIANG SOURCES/(USES)	 	
 	$0 		 	
 	$0 		 	
 	($29) 		 	
 	($29) 	
NET CHANGE IN FUND BALANCE	$0		$0		($29)		($29)	
								
FUND BALANCE - Beginning	$0				$29			
FUND BALANCE - Ending	 	$0 				 	$0 			

 DESCRIPTION	

REVENUES:

INTEREST EARNED	  BUDGET 

$0		 	THRU 02/28/22	

$0		 THRU 02/28/22 

$0		 VARIANCE 

$0	
TOTAL REVENUES	 	$0 		 	$0 		 	$0 		 	$0 	
EXPENDITURES:								
COST OF ISSUANCE	$0		$0		$0		$0	
TOTAL EXPENDITURES	 	$0 		 	$0 		 	$0 		 	$0 	
EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES	 	$0 		
 	$0 		
 	$0 		
 	$0 	
OTHER FINANCIANG SOURCES/(USES):								
REFUNDING BOND PROCEEDS	$0		$0		$0		$0	
TOTAL OTHER FINANCIANG SOURCES/(USES)	 	$0 		 	$0 		 	$0 		 	$0 	
NET CHANGE IN FUND BALANCE	$0		$0		$0		$0	
								
FUND BALANCE - Beginning	$0				$7,544			
FUND BALANCE - Ending	 	$0 				 	$7,544 			

 DESCRIPTION	

REVENUES:

INTEREST EARNED	  BUDGET 

$0		 	THRU 02/28/22	

$0		 THRU 02/28/22 

$0		 VARIANCE 

$0	
TOTAL REVENUES	 	$0 		 	$0 		 	$0 		 	$0 	
EXPENDITURES:								
COST OF ISSUANCE	$0		$0		$177,613		($177,613)	
TOTAL EXPENDITURES	 	$0 		 	$0 		 	$177,613 		 ($177,613) 	
EXCESS (DEFICIENCY) OF REVENUES
OVER (UNDER) EXPENDITURES	 	$0 		
 	$0 		
 	($177,613) 		
 ($177,613) 	
OTHER FINANCIANG SOURCES/(USES):								
REFUNDING BOND PROCEEDS	$0		$0		$192,364		$192,364	
TOTAL OTHER FINANCIANG SOURCES/(USES)	 	$0 		 	$0 		 	$192,364 		  $192,364 	
NET CHANGE IN FUND BALANCE	$0		$0		$14,752		$14,752	
								
FUND BALANCE - Beginning	$0				$0			
FUND BALANCE - Ending	 	$0 				 	$14,752 			

SECTION C

Lake Ashton II CDD
Special Assessment Receipts
Fiscal Year Ending September 30, 2022

						$1,763,008.00		$302,223.08	$321,250.00	$623,473.08	
	O&M	Debt				.36300.10000		024.36300.10000	022.36300.10200		
Date	Collection	O&M	Debt Svc	Discounts/	Discounts/	Commissions	Net Amount		General Fund		21A Debt Svc Fund	06A Debt Svc Fund	Debt Total	
Received	Period	Receipts	Receipts	Penalties	Penalties	Paid	Received		100.00%		48.474%	51.526%	100%	

11/23/21	
10/01/21-10/31/21	
$	2,608.00	
$	984.44	
$	104.31	
$	39.38	
$	68.99	
$	3,379.77		
$	2,452.73		
$	449.37	
$	477.66	
$	927.04	
11/24/21	11/01/21-11/07/21	$	16,594.40	$	4,028.21	$	876.02	$	213.31	$	390.67	$	19,142.61		$	15,429.78		$	1,799.77	$	1,913.07	$	3,712.84	
11/24/21	11/01/21-11/07/21	$	86,064.00	$ 27,797.72	$	3,442.50	$	1,111.94	$	2,186.15	$	107,121.13		$	81,006.49		$	12,658.84	$	13,455.80	$	26,114.64	
11/30/21	11/08/21-11/17/21	$	166,912.00	$ 53,814.32	$	6,676.34	$	2,152.61	$	4,237.95	$	207,659.42		$	157,104.89		$	24,505.87	$	26,048.67	$	50,554.54	
12/14/21	11/15/21-11/23/21	$	432,928.00	$ 147,161.84	$	17,316.81	$	5,886.66	$	11,137.73	$	545,748.64		$	407,383.22		$	67,071.42	$	71,294.01	$	138,365.43	
12/17/21	11/24/21-11/30/21	$	490,304.00	$ 167,725.12	$	19,611.81	$	6,709.22	$	12,634.16	$	619,073.93		$	461,358.73		$	76,451.05	$	81,264.15	$	157,715.20	
12/31/21	12/01/21-12/15/21	$	255,913.25	$ 85,631.02	$	9,979.12	$	3,332.39	$	6,564.66	$	321,668.10		$	241,084.50		$	39,062.19	$	41,521.41	$	80,583.60	
01/18/22	12/16/21-12/31/21	$	45,782.48	$ 19,153.57	$	1,425.68	$	599.58	$	1,258.22	$	61,652.57		$	43,427.30		$	8,834.54	$	9,390.74	$	18,225.28	
02/18/22	01/01/22-01/31/22	$	84,137.16	$ 34,905.32	$	1,846.05	$	765.75	$	2,328.61	$	114,102.07		$	80,570.85		$	16,253.96	$	17,277.25	$	33,531.21	
		$ 1,581,243.29	$ 541,201.56	$	61,278.64	$	20,810.84	$	40,807.12	$ 1,999,548.25		$	1,489,818.48		$	247,087.02	$	262,642.76	$	509,729.78	
BALANCE REMAINING	$181,764.71	$82,271.52

Date	CK#	2005A	2006A	
12/15/21	25/26	$	106,485.27	$	113,189.21	
1/12/22	56/57	$	115,513.24	$	122,785.56	
1/25/22	78/79	$	8,834.55	$	9,390.74	
		$	230,833.06	$	245,365.51	

Due To DSF 2021A	$	16,253.96	V# 16 001.300.20700.10100	
Due to DSF 2006A	$	17,277.25	V# 168 001.300.20700.10300	

Gross Percent Collected	88.94%	
Balance Due	$264,036.23