Greeneway Improvement District
3501 Quadrangle Boulevard, Suite 270, Orlando, FL 32817; Phone: 407-723-5900 www.greenewayid.org

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Greeneway Improvement District (“District”), scheduled to be held at 2:30 p.m. on Tuesday, May 21, 2024, at 6900 Tavistock Lakes Blvd., Ste. 200, Orlando, FL 32827. A quorum will be confirmed prior to the start of the meeting.
District Staff, please use the following information to join via computer or the conference line: Phone: 1-844-621-3956  Computer: pfmcdd.webex.com  Participant Code: 2531 126 0013#
BOARD OF SUPERVISORS’ MEETING AGENDA

Organizational Matters
Roll Call to Confirm a Quorum
Public Comment Period
Consideration of the Minutes of the April 16, 2024, Board of Supervisors’ Meeting
Letter from Supervisor of Elections – Orange County
Consideration of Resolution 2024-06, Adopting an Amended Records Retention Policy

Business Matters
Consideration of Prequalified Contractors Extension
Review and Acceptance of Arbitrage Rebate Report for the Series 2013 Bonds
Consideration of Trail Maintenance Proposals (provided under separate cover)
Consideration of Resolution 2024-05, Approving a Preliminary Budget for Fiscal Year 2025 and Setting a Public Hearing Date [suggested date of August 20, 2024]
Ratification of Operation and Maintenance Expenditures Paid in April 2024 in an amount totaling $41,081.16
Recommendation of Work Authorizations/Proposed Services (if applicable)
Review of District’s Financial Position and Budget to Actual YTD

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Construction Supervisor
Landscape Supervisor
Irrigation Supervisor
Supervisor Requests

Adjournment

GREENEWAY IMPROVEMENT DISTRICT

Minutes of the April 16, 2024, Board of Supervisors’ Meeting

GREENEWAY IMPROVEMENT DISTRICT BOARD OF SUPERVISORS’ MEETING MINUTES

FIRST ORDER OF BUSINESS	Roll Call to Confirm a Quorum

The Board of Supervisors’ Meeting for the Greeneway Improvement District was called to order on Tuesday, April 16, 2024, at 2:30 p.m. at 6900 Tavistock Lakes Blvd., Ste 200, Orlando, FL 32827.

Present:			
Chad Tinetti Karen Duerr Matthew Franko Amanda Kost	Chairperson
Vice Chairperson Assistant Secretary Assistant Secretary		
Also attending:			
Jennifer Walden	PFM		
Lynne Mullins Jorge Jimenez Amanda Lane Jeffrey Newton Ryan Dugan
Samantha Sharenow Dan Young
DJ Batten	PFM PFM PFM
Donald W. McIntosh Associates Kutak Rock
Berman Tavistock Berman	(via phone) (via phone)

(via phone) (via phone)	

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Walden called for public comments. She noted there were no members of the public present.

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the February 20, 2024, Board of Supervisors’ Meeting
The Board reviewed the minutes of the February 20, 2024, Board of Supervisors’ Meeting.

On motion by Ms. Kost, seconded by Ms. Duerr, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Minutes of the February 20, 2024, Board of Supervisors’ Meeting.

FOURTH ORDER OF BUSINESS	Consideration of Resolution 2024-04, General Election

Ms. Walden explained this Resolution states that Seat 1, currently held by Ms. Duerr, Seat 4, currently held by Ms. Munroe, and Seat 5, currently held by Mr. Franko, are all scheduled for the general election

this November. She noted the District Manager is authorized to notify the Orange County Supervisor of Elections and to publish notice of the qualifying period.

On motion by Ms. Kost, seconded by Ms. Duerr, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved Resolution 2024-04, General Election.

FIFTH ORDER OF BUSINESS	Consideration of Annual Arbitrage Rebate Calculations Proposal from LLS Tax Solutions, Inc.

Ms. Walden stated the Board previously approved the vendor to do the arbitrage rebate calculations for the bonds for a five-year period from April 2018 through April 2023. The next calculation was slated to happen in 2028, however, due to increased investment interest rates there is a possibility that there could be a yield reduction payment due. This could possibly need to be made prior to the five-year window. District staff went back to the vendor who confirmed that they would switch to annual calculations for the District and keep the same rate, which would be $500.00 annually.

On motion by Ms. Duerr, seconded by Ms. Kost, with all in favor, the Board of Supervisors for the Greeneway Improvement District approved the Annual Arbitrage Rebate Calculations Proposal from LLS Tax Solutions, Inc. switching to annual calculations at $500.00 per year starting April 2024.

SIXTH ORDER OF BUSINESS	Review of Trail Maintenance Inspection Report

Ms. Sharenow stated her team has recommendations for maintenance on the trail. They include installing trail signage stating no motorized vehicles allowed, filling in cracks and holes, and pressure washing where dirt has accumulated. She noted if the Board agrees with these recommendations, then her team can obtain quotes.
Ms. Kost mentioned to the Board that their looks to be some drainage issues on the trail and she can provide photos to Berman. Ms. Sharenow asked her to send them to her.
Discussion ensued regarding the signage and maintenance on the trail. The Board asked Ms. Sharenow and her team to obtain three quotes for each of their recommendations.

SEVENTH ORDER OF BUSINESS	Review of Fiscal Year 2025 Operations & Maintenance Budget
Ms. Walden stated District staff as well as the Construction Committee is still in discussion on this item, but she wanted to check with the Board for any items of concern before the budget is presented at the next meeting. She noted the District is not projected to increase assessments at this time.

EIGHTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in February 2024 in an amount totaling
$30,665.51

The Board reviewed the Operation and Maintenance Expenditures paid in February 2024. Ms. Walden noted these have already been approved and need to be ratified.

On motion by Ms. Kost, seconded by Ms. Duerr, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Operation and Maintenance Expenditures paid in February 2024 in an amount totaling $30,665.51.

NINTH ORDER OF BUSINESS	Ratification of Operation and Maintenance Expenditures Paid in March 2024 in an amount totaling
$46,190.93
The Board reviewed the Operation and Maintenance Expenditures paid in March 2024. Ms. Walden noted these have already been approved and need to be ratified.

On motion by Ms. Duerr, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Operation and Maintenance Expenditures paid in March 2024 in an amount totaling $46,190.93.

TENTH ORDER OF BUSINESS	Ratification of Requisition No. (Series	
	2023) 22 Paid in February 2024 in an	
	amount totaling $95.27	
The Board reviewed Requisition No. 22.		

On motion by Ms. Kost, seconded by Mr. Franko, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Requisition No. (Series 2023) 22 Paid in February 2024 in an amount totaling $95.27.

ELEVENTH ORDER OF BUSINESS	Ratification of Requisition No. (Series 2023) 23 Paid in March 2024 in an amount totaling $47.65
The Board reviewed Requisition No. 23.

On motion by Ms. Duerr, seconded by Ms. Kost, with all in favor, the Board of Supervisors for the Greeneway Improvement District ratified Requisition No. (Series 2023) 23 Paid in March 2024 in an amount totaling $47.65.

TWELFTH ORDER OF BUSINESS	Recommendation of Work	
	Authorizations/Proposed Services	
Ms. Walden noted there were no Work Authorizations.	

THIRTEENTH ORDER OF BUSINESS	Review of District’s Financial Position and Budget to Actual YTD
The Board reviewed the District’s Financial Statements through March 2024. Ms. Walden noted the District has spent just over $269,000.00 versus a budget of $634,500.00, which equates to approximately 42% of the total budget spent.

FOURTEENTH ORDER OF BUSINESS	Staff Reports

District Counsel –	No report.	
District Manager –	Ms. Walden noted the next Board Meeting is scheduled for May 21, 2024.	
District Engineer –	No report.	
Construction Supervisor –	No report.	
Landscape Supervisor –	No report.	
Irrigation Supervisor –	No report.	

FIFTEENTH ORDER OF BUSINESS	Supervisor Requests
Ms. Duerr stated she would like to be compensated for meetings moving forward. Ms. Walden provided the proper documentation to be filled out so that she can receive the $200 per meeting compensation.

Mr. Franko asked for an update on the palm trees in the median on Nemours Parkway. Mr. Batten stated BrightView did some testing, and he will have the updates for the Board at the next meeting. He did note that the new heads do look good, and the issue was probably related to water and nutrition.
Mr. Franko asked about the oak trees as you are leaving the neighborhood on Nemours Parkway near the high school. Mr. Batten stated that he rode with BrightView today and there are two trees that will be addressed. One is being replaced next week and the other one is leaning and appears to be uprooting. BrightView is getting a quote to straighten it back up, however, there is no guarantee that will fix the tree.

Ms. Kost thanked the team for looking into the water fountains and they are a welcome sight for those that use the pathways. Ms. Duerr asked if they were all operational now. Mr. Young responded that they are.

SIXTEENTH ORDER OF BUSINESS	Adjournment

On motion by Ms. Kost, seconded by Ms. Duerr, with all in favor the April 16, 2024, Meeting of the Board of Supervisors for the Greeneway Improvement District was adjourned.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

GREENEWAY IMPROVEMENT DISTRICT

Letter from Supervisor of Elections – Orange County

April 19, 2024

Jennifer Walden, District Manager Greeneway Improvement District PFM Group Consulting LLC
3501 Quadrangle Boulevard, Suite 270
Orlando, FL 32817

To whom it may concern,

Per the requirements of Chapter 190.006, Florida Statutes, the Orange County Supervisor of Elections Office Mapping Department has determined the number of registered voters in the district as of April 15, 2024. Our research is based on the most recent legal description provided to us by the District Office.
As of April 15, 2024, there are	5,124 registered voter(s) in the
Greeneway Improvement District.

A map and list of addresses can be provided upon request. Please contact the Mapping Department at 407-254-6554 with any questions.

Sincerely,

Mapping Department
Orange County Supervisor of Elections Phone: 407-254-6554
119 W. Kaley Street Orlando, FL 32806
soemapping@ocfelections.gov

119 West Kaley Street, Orlando  Reply to: Post Office Box 562001, Orlando, Florida 32856 Phone
(407) 836-2070  Fax (407) 254-6596  Internet: www.ocfelections.gov

GREENEWAY IMPROVEMENT DISTRICT

Resolution 2024-06,
Adopting an Amended Records Retention Policy

RESOLUTION 2024-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE GREENEWAY IMPROVEMENT DISTRICT ADOPTING AMENDMENTS TO HE DISTRICT’S RECORDS RETENTION POLICY; ADDRESSING CONFLICTS AND SEVERABILITY; AND PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE.
Whereas, Chapter 190, Florida Statutes, authorizes the District to adopt rules to govern the administration of the District and to adopt resolutions as may be necessary for the conduct of District business; and
Whereas, on April 19, 2010, the Board of Supervisors of the District (“Board”) adopted Resolution 2010-11, providing for the adoption of the District’s Records Retention Policy; and
WHEREAS, the Board finds that it is in the best interest of the District to amend the Records Retention Policy as described in more detail in paragraph 2 below and Exhibit A attached hereto; and
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE GREENEWAY IMPROVEMENT DISTRICT:
CONFLICTS. This Resolution is intended to amend, in part, Resolution 2010-11, which remains in full force and effect except as otherwise provided herein. All terms of Resolution 2010-11, that are not amended by this Resolution apply as if those terms were fully set forth herein. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.
AMENDMENT. The Records Retention Policy is hereby amended as set forth herein and in Exhibit A attached hereto and incorporated by reference herein:
The District hereby adopts as its Records Retention Policy the applicable provisions of Section 257.36(5), Florida Statutes, the rules adopted by the Division of Library and Information Services of the Department of State (“Division”) pursuant to Section 257.36, Florida Statutes, and the General Records Schedules established by the Division. However, the District will retain certain records longer than required by the General Records Schedules established by the Division as set forth in Exhibit A. To the extent the above statute, rules or schedules are amended or supplemented in the future, the District’s Records Retention Policy shall automatically incorporate such amendment or supplement provided that such automatic amendment shall not reduce the retention times set forth in Exhibit A. The Records Retention Policy shall remain in full force and effect until such time as the Board amends the Policy.
In accordance with section 668.50, Florida Statutes, and section 119.01, Florida Statutes, the Board finds that the electronic record shall be considered the official

record and any paper originals are hereby duplicates which may be disposed of unless required to be preserved by any appliable statute, rule or ordinance.
SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.
Passed and adopted this 	 day of 	 2024.
ATTEST:	GREENEWAY IMPROVEMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A:	District Amendments to General Records Schedules Established by the Division

Exhibit A

District Amendments to General Records Schedules established by the Division
Legal Advertisements: The District shall retain mailed and published legal advertisements, and corresponding affidavits, relating to proceedings under uniform method of collection of debt assessments permanently. The District shall retain mailed and published legal advertisements, and corresponding affidavits, relating to the levy of assessments securing bonds for five (5) fiscal years provided applicable audits have been released, or until three (3) calendar years after related bonds are redeemed, whichever is later.

	Independent Audits: The District shall retain the record copy of independent audits for ten (10) fiscal years or until three (3) calendar years after all related bonds are redeemed, whichever is later.

Detailed Bond Records (Financial Transactions): The District shall retain the record copy of all records documenting specific financial transactions relating to the use of bonds for five (5) fiscal years provided applicable audits have been released or until three (3) calendar years after related bonds are redeemed, whichever is later.
Summary Bond Records (Financial Transactions): The District shall retain the record copy of records providing summary or aggregate documentation of financial transactions relating to the use of bonds for ten (10) fiscal years provided applicable audits have been released or until three (3) calendar years after related bonds are redeemed, whichever is later.

Detailed Bond Records (Financial Reports): The District shall retain the record copy of annual financial reports, including total revenues and expenditures and outstanding long-term debt relating to the use of bonds for ten (10) fiscal years provided applicable audits have been released or until three (3) calendar years after all related bonds are redeemed, whichever is later.
Incident Report Files: The District shall retain incident reports for five (5) anniversary years from the date of the incident.

Official Meetings (Preliminary/Audio Recordings/Video Recordings): The District shall retain audio recordings of board of supervisor meetings for five (5) calendar years after adoption of the official minutes.
Project Files (Capital Improvement): The District shall retain the record copy of project files for projects funded with bonds for ten (10) fiscal years after completion of the project provided applicable audits have been released or until three (3) calendar years after all related bonds are redeemed, whichever is later.

Real Property Records (Condemnation/Demolition): The District shall retain the record copy of project files for condemnation/demolition projects funded with bonds for five (5) anniversary years after final action or until three (3) calendar years after all related bonds are redeemed, whichever is later. The record copy of deeds and easements shall be kept permanently.
Real Property Records (Property Acquired): The District shall retain the record copy of documents related to property acquisitions funded with bonds for three (3) fiscal years after final disposition of the property provided applicable audits have been released or until three (3) calendar years after all related bonds are redeemed, whichever is later. The record copy of deeds and easements shall be kept permanently.

GREENEWAY IMPROVEMENT DISTRICT

Prequalified Contractors Extension

GREENEWAY IMPROVEMENT DISTRICT PREQUALIFIED CONTRACTORS
August 2021

Garney Construction
Hubbard Construction Company
JMHC, Inc.
Jon M. Hall Company
Jr. Davis Construction Company
The Middlesex Corporation
Phillips & Jordan
Prime Construction Group
Southern Development & Construction
Watson Civil Construction

F:\Proj2003\23216\ENGadmin\Pre Qual\GID Pre-Qual Contractors 2021.docx

GREENEWAY IMPROVEMENT DISTRICT

Arbitrage Rebate Report for the Series 2013 Bonds

  
Tax - Exempt Bond Services

LLS Tax Solutions Inc. 2172 W. Nine Mile Rd. #352
Pensacola, FL 32534
Telephone: 850-754-0311 Email: liscott@llstax.com

April 25, 2024

Ms. Jennifer Walden
Greeneway Improvement District c/o PFM Group Consulting LLC 3501 Quadrangle Blvd., Suite 270
Orlando, Florida 32817

$55,750,000
Greeneway Improvement District Special Assessment Revenue Bonds, Series 2013
(“Bonds”)
Dear Ms. Walden:
Attached you will find our arbitrage rebate report for the above-referenced Bonds for the final period ended May 19, 2023 (“Computation Period”). This report indicates that there is no cumulative rebatable arbitrage liability as of May 19, 2023.
Also, as the Bonds were redeemed in full on May 19, 2023, no further arbitrage calculations will be necessary.
If you have any questions or comments, please do not hesitate to contact me at (850) 754-0311 or by email at liscott@llstax.com.
Sincerely,

Linda L. Scott
Linda L. Scott, CPA

Greeneway Improvement District
$55,750,000 Greeneway Improvement District Special Assessment Revenue Bonds, Series 2013

For the period ended May 19, 2023

  
Tax - Exempt Bond Services

LLS Tax Solutions Inc. 2172 W. Nine Mile Rd. #352
Pensacola, FL 32534
Telephone: 850-754-0311 Email: liscott@llstax.com

April 25, 2024
Greeneway Improvement District c/o PFM Group Consulting LLC 3501 Quadrangle Blvd., Suite 270
Orlando, Florida 32817
Re: $55,750,000 Greeneway Improvement District Special Assessment Revenue Bonds, Series 2013 (“Bonds”)
Greeneway Improvement District (“Client”) has requested that we prepare certain computations related to the above-described Bonds for the period ended May 19, 2023 (“Computation Period”). The scope of our engagement consisted of the preparation of computations to determine the Rebatable Arbitrage for the Bonds for the Computation Period as described in Section 148(f) of the Internal Revenue Code of 1986, as amended (“Code”), and this report is not to be used for any other purpose.
In order to prepare these computations, we were provided by the Client with and have relied upon certain closing documents for the Bonds and investment earnings information on the proceeds of the Bonds during the Computation Period. The attached schedule is based upon the aforementioned information provided to us. The assumptions and computational methods we used in the preparation of the schedule are described in the Summary of Notes, Assumptions, Definitions and Source Information. A brief description of the schedule is also attached.
The results of our computations indicate a negative Cumulative Rebatable Arbitrage of $(7,945,216.81) at May 19, 2023. As such, no amount must be on deposit in the Rebate Fund. Also, as the Bonds were redeemed in full on May 19, 2023, no further arbitrage calculations will be necessary.
As specified in Form 8038G, the calculations have been performed based upon a Bond Yield of 5.2922%. Accordingly, we have not recomputed the Bond Yield.
The scope of our engagement was limited to the preparation of a mathematically accurate Rebatable Arbitrage for the Bonds for the Computation Period based on the information provided to us. The Rebatable Arbitrage has been determined as described in the Code, and regulations promulgated thereunder (“Regulations”). We have no obligation to update this report because of events occurring, or information coming to our attention, subsequent to the date of this report.
LLS Tax Solutions Inc.

NOTES AND ASSUMPTIONS

The issue date of the Bonds is April 25, 2013.
The end of the first Bond Year for the Bonds is April 24, 2014.
Computations of yield are based upon a 30-day month, a 360-day year and semiannual compounding.
We have assumed that the only funds and accounts relating to the Bonds that are subject to rebate under Section 148(f) the Code are shown in the attached schedule.
For investment cash flow purposes, all payments and receipts are assumed to be paid or received, respectively, as shown in the attached schedule. In determining the Rebatable Arbitrage for the Bonds, we have relied on information provided by you without independent verification, and we can therefore express no opinion as to the completeness or suitability of such information for such purposes. In addition, we have undertaken no responsibility to review the tax-exempt status of interest on the Bonds.
We have assumed that the purchase and sale prices of all investments as represented to us are at fair market value, exclusive of brokerage commissions, administrative expenses, or similar expenses, and representative of arms’ length transactions that did not artificially reduce the Rebatable Arbitrage for the Bonds, and that no “prohibited payments” occurred and no “imputed receipts” are required with respect to the Bonds.
Ninety percent (90%) of the Rebatable Arbitrage as of the next “computation date” (“Next Computation Date”) is due to the United States Treasury not later than 60 days thereafter (“Next Payment Date”). (An issuer may select any date as a computation date, as long as the first computation date is not later than five years after the issue date, and each subsequent computation date is no more than five years after the previous computation date.) No other payment of rebate is required prior to the Next Payment Date. The Rebatable Arbitrage as of the Next Computation Date will not be the Rebatable Arbitrage reflected herein but will be based on future computations that will include the period ending on the Next Computation Date. If all of the Bonds are retired prior to what would have been the Next Computation Date, one hundred percent (100%) of the unpaid Rebatable Arbitrage computed as of the date of retirement will be due to the United States Treasury not later than 60 days thereafter.
For purposes of determining what constitutes an “issue” under Section 148(f) of the Code, we have assumed that the Bonds constitute a single issue and are not required to be aggregated with any other bonds.

NOTES AND ASSUMPTIONS (cont’d)
The accrual basis of accounting has been used to calculate earnings on investments. Earnings accrued but not received at the last day of the Computation Period are treated as though received on that day. For investments purchased at a premium or a discount (if any), amortization or accretion is included in the earnings accrued at the last day of the Computation Period. Such amortization or accretion is computed in such a manner as to result in a constant rate of return for such investment. This is equivalent to the “present value” method of valuation that is described in the Regulations.
No provision has been made in this report for any debt service fund. Under Section 148(f)(4)(A) of the Code, a “bona fide debt service fund” for public purpose bonds issued after November 10, 1988 is not subject to rebate if the average maturity of the issue of bonds is at least five years and the rates of interest on the bonds are fixed at the issue date. It appears and has been assumed that the debt service fund allocable to the Bonds qualifies as a bona fide debt service fund, and that this provision applies to the Bonds.
The Bonds were issued for the purpose of providing funds to (i) pay interest accruing on the Bonds through November 1, 2013, (ii) finance the cost of acquisition, and construction of public roads, water, sewer and reclaimed water facilities for common areas all of which will connect to facilities of the Orlando Utility Commission, landscaping in common areas and irrigation lines therein, utility line relocation and undergrounding not the responsibility of the utility provider, and a regional park available to the general public and related engineering and permitting costs (the “Project”), (iii) fund the 2013 Reserve Account in an amount which equals the 2013 Reserve Requirement, and (iv) pay the costs associated with the issuance of the Bonds.

DEFINITIONS
Bond Year: Each one-year period that ends on the day selected by the Client. The first and last Bond Years may be shorter periods.
Bond Yield: The yield that, when used in computing the present value (at the issue date of the Bonds) of all scheduled payments of principal and interest to be paid over the life of the Bonds, produces an amount equal to the Issue Price.
Allowable Earnings: The amount that would have been earned if all nonpurpose investments were invested at a rate equal to the Bond Yield, which amount is determined under a future value method described in the Regulations.
Computation Date Credit: A credit allowed by the Regulations as a reduction to the Rebatable Arbitrage on certain prescribed dates.
Rebatable Arbitrage: The excess of actual earnings over Allowable Earnings and Computation Date Credits.
Issue Price: Generally, the initial offering price at which a substantial portion of the Bonds is sold to the public. For this purpose, 10% is a substantial portion.

DESCRIPTION OF SCHEDULE	
Greeneway Improvement District April 25, 2024
$55,750,000 Special Assessment Revenue Bonds, Series 2013 For the period ended May 19, 2023	
SOURCE INFORMATION	
Bonds	Source	
Closing Date	Form 8038G	
Bond Yield	Form 8038G	
Investments	Source	
Principal and Interest Receipt Amounts and Dates	Trust Statements	
Investment Dates and Purchase Prices	Trust Statements	

DESCRIPTION OF SCHEDULE
Greeneway Improvement District April 25, 2024
$55,750,000 Special Assessment Revenue Bonds, Series 2013 For the period ended May 19, 2023
DESCRIPTION OF SCHEDULE

SCHEDULE 1 - REBATABLE ARBITRAGE CALCULATION
Schedule 1 sets forth the amount of interest receipts and gains/losses on sales of investments and the calculation of the Rebatable Arbitrage.

$55,750,000 GREENEWAY IMPROVEMENT DISTRICT SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2013

SCHEDULE 1 - REBATABLE ARBITRAGE CALCULATION

4	/	25	/	2013	ISSUE DATE	
4	/	25	/	2023	BEGINNING OF COMPUTATION PERIOD	
5	/	19	/	2023	COMPUTATION DATE	

	DATE		

 FUND/ACCOUNT		INVESTMENT VALUE AT
 COMPUTATION DATE 	EARNINGS ON
  INVESTMENTS 	OTHER DEPOSITS
 (WITHDRAWALS)	FUTURE VALUE AT BOND YIELD
	5.2922%		
ALLOWABLE
	EARNINGS		
4	/	25	/	2023	BEGINNING BALANCE		0.00	850,900.34	853,868.56	2,968.22	
4	/	25	/	2023	INTEREST ACCRUAL REVERSAL		(2,065.11)	0.00	0.00	0.00	
5	/	1	/	2023	ACQUISITION/CONSTRUCTION FUND		2,575.01	0.00	0.00	0.00	
5	/	2	/	2023	ACQUISITION/CONSTRUCTION FUND		0.00	(28.27)	(28.34)	(0.07)	
5	/	2	/	2023	ACQUISITION/CONSTRUCTION FUND		0.00	(420.98)	(422.02)	(1.04)	
5	/	2	/	2023	ACQUISITION/CONSTRUCTION FUND		0.00	8,260.18	8,280.58	20.40	
5	/	19	/	2023	ACQUISITION/CONSTRUCTION FUND		0.00	(859,221.17)	(859,221.17)	0.00	
5	/	19	/	2023	INTEREST ACCRUAL	 			960.47 		0.00 		0.00 		0.00 	
							960.47 		1,470.37 		(509.90)		2,477.61 		2,987.51 	
4	/	25	/	2023	BEGINNING BALANCE		0.00	2,727,707.55	2,737,222.70	9,515.15	
4	/	25	/	2023	INTEREST ACCRUAL REVERSAL		(6,620.05)	0.00	0.00	0.00	
5	/	1	/	2023	DEBT SERVICE RESERVE FUND		8,260.18	0.00	0.00	0.00	
5	/	2	/	2023	DEBT SERVICE RESERVE FUND		0.00	(8,260.18)	(8,280.58)	(20.40)	
5	/	19	/	2023	DEBT SERVICE RESERVE FUND		0.00	(2,721,087.50)	(2,721,087.50)	0.00	
5	/	19	/	2023	INTEREST ACCRUAL	 			3,043.10 		0.00 		0.00 		0.00 	
			3,043.10 		4,683.22 		(1,640.13)		7,854.62 		9,494.75 	
			4,003.56 		6,153.59 		(2,150.02)		10,332.23 		12,482.25 	
	ACTUAL EARNINGS		6,153.59				
	ALLOWABLE EARNINGS			12,482.25 				
	REBATABLE ARBITRAGE		(6,328.67)				
	FUTURE VALUE OF 4/24/2023 CUMULATIVE	REBATABLE ARBITRAGE	(7,936,928.14)				
	COMPUTATION DATE CREDIT			(1,960.00)				
	CUMULATIVE REBATABLE ARBITRAGE			(7,945,216.81)				

Page 1

Trail Maintenance Proposals
(provided under separate cover)

Resolution 2024-05,
Approving a Preliminary Budget for Fiscal Year 2025 and Setting a Public Hearing Date
[suggested date of August 20, 2024]

RESOLUTION 2024-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE GREENEWAY IMPROVEMENT DISTRICT APPROVING PROPOSED BUDGET(S) FOR FISCAL YEAR 2024/2025 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Greeneway Improvement District (“District”) prior to June 15, 2024, proposed budget(s) (“Proposed Budget”) for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“Fiscal Year 2024/2025”); and
WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE GREENEWAY IMPROVEMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2024/2025 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:		, 2024

HOUR:		 p.m.

LOCATION:	6900 Tavistock Lakes Blvd.
Suite 200
Orlando, Florida 32827
TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENT(S).
The District Manager is hereby directed to submit a copy of the Proposed Budget to the local general- purpose governments at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2 and shall remain on the website for at least 45 days.
PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this

Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 21st DAY OF MAY 2024.

ATTEST:	GREENEWAY IMPROVEMENT DISTRICT

Secretary / Assistant Secretary	Chair/Vice Chair, Board of Supervisors

Exhibit A:	Proposed Budget

Exhibit A
Greeneway Improvement District

FY 2024
Adopted Budget	FY 2025
Proposed Budget	

$  511,881.70		
$	
511,881.70	
11,918.30			11,918.30	
106,745.23			110,206.60	
$  630,545.23		$	634,006.60	

$	12,000.00		

$	

9,600.00	
3,000.00			3,199.30	
5,000.00			5,000.00	
44,000.00			44,000.00	
10,000.00			19,500.00	
1,000.00			1,000.00	
4,400.00			4,600.00	
30,000.00			30,000.00	
7,500.00			7,500.00	
250.00			250.00	
4,500.00			4,590.00	
500.00			500.00	
150.00			150.00	
25.00			25.00	
500.00			500.00	
1,000.00			1,000.00	
4,500.00			4,500.00	
360.00			360.00	
100.00			100.00	
800.00			250.00	
270.00			270.00	
100.00			100.00	
2,900.00			3,000.00	
6,000.00			7,000.00	
250.00			175.00	
$  139,105.00		$	147,169.30	

FY 2025 Proposed O&M Budget

Revenues

Actual Through 4/30/2024

Anticipated 5/2024 - 9/2024

Anticipated FY 2024 Total

On-Roll Assessments	$	461,162.39		$	50,719.31		$  511,881.70	
Off-Roll Assessments	11,882.09		-		11,882.09	
Carryforward Revenue	62,268.05		44,477.18		106,745.23	
Net Revenues	$	535,312.53		$	95,196.49		$  630,509.02	

Supervisor Fees	$	2,800.00	$	3,000.00	$	5,800.00	
ancial & Administrative
Public Officials' Liability Insurance	2,782.00	-	2,782.00	
Trustee Services	-		4,500.00		4,500.00	
Management	25,666.69		18,333.31		44,000.00	
Engineering	1,427.47		1,019.62		2,447.09	
Disclosure	1,000.00		-		1,000.00	
Property Appraiser	4,559.41		-		4,559.41	
District Counsel	9,396.12		6,711.51		16,107.63	
Assessment Administration	7,500.00		-		7,500.00	
Reamortization Schedules	-		250.00		250.00	
Audit	-		4,590.00		4,590.00	
Arbitrage Calculation	500.00		-		500.00	
Travel and Per Diem	131.46		93.90		225.36	
Telephone	-		-		-	
Postage & Shipping	29.30		20.93		50.23	
Copies	-		416.67		416.67	
Legal Advertising	1,123.68		802.63		1,926.31	
Bank Fees	1.00		-		1.00	
Miscellaneous	-		41.67		41.67	
Meeting Room	-		333.33		333.33	
Office Supplies	-		-		-	
Property Taxes	59.88		-		59.88	
Web Site Maintenance	1,545.00		1,275.00		2,820.00	
Holiday Decorations	6,146.71		-		6,146.71	
Dues, Licenses, and Fees	175.00		-		175.00	
Total General & Administrative Expenses	$	64,843.72		$	41,388.57		$  106,232.29	

General & Administrative Expenses Legislative

Fin

Greeneway Improvement District
FY 2025 Proposed O&M Budget	

Actual Through 4/30/2024	

Anticipated 5/2024 - 9/2024		

Anticipated FY 2024 Total	

FY 2024
Adopted Budget	
FY 2025
Proposed Budget	
Field Operations Electric Utility Services
Electric
Water-Sewer Combination Services	

$	712.11	

$	508.65		

$	1,220.76	

$	5,000.00	

$	5,000.00	
Water Reclaimed
Other Physical Environment
General Insurance
Property & Casualty Insurance Other Insurance	8,498.46

3,129.00
8,281.00
-		6,070.33

-
-
-		14,568.79

3,129.00
8,281.00
-	20,000.00

3,400.00
6,900.00
100.00	25,000.00

3,598.35
9,523.15
100.00	
Irrigation Repairs
Landscaping Maintenance & Material Tree Trimming
Flower & Plant Replacement Contingency
Pest Control
Interchange Maintenance Expenses
IME - Aquatics Maintenance IME - Irrigation Repairs
IME - Landscaping
IME - Landscape Improvements IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
Road & Street Facilities	7,659.31
85,837.50
- 11,868.38
240.00
1,738.00

1,402.80
1,491.55
40,197.50
3,928.80
200.83
73.20
213.31		5,470.94
59,535.00
12,750.00
3,131.62
3,781.25
4,635.00

1,002.00
1,065.39
28,712.50
2,806.29
143.45
52.29
152.36		13,130.25
145,372.50
12,750.00
15,000.00
4,021.25
6,373.00

2,404.80
2,556.94
68,910.00
6,735.09
344.28
125.49
365.67
-	25,000.00
184,520.29
12,500.00
15,000.00
9,075.00
5,200.00

2,544.00
2,400.00
68,910.00
9,600.00
960.00
4,800.00
1,200.00	25,000.00
154,520.29
10,000.00
15,000.00
7,710.57
1,750.00

2,544.00
2,400.00
72,000.00
9,600.00
960.00
4,800.00
1,200.00	
Entry and Wall Maintenance Hardscape Maintenance Streetlights
Accent Lighting
Parks & Recreation	1,500.00
14,060.00
42,178.72
-		-
- 30,127.66
516.67		1,500.00
14,060.00
72,306.38
516.67	1,860.00
4,960.00
75,000.00
1,240.00	1,860.00
15,000.00
87,000.00
1,000.00	
Personnel Leasing Agreement
Reserves	13,019.93		9,299.95		22,319.88	22,320.00
.	22,320.00
.	
Infrastructure Capital Reserve Interchange Maintenance Reserve
Total Field Operations Expenses	-
-

$	246,230.40	11,000.00
1,950.94

$	182,712.29		11,000.00
1,950.94

$	428,942.69	11,000.00
1,950.94
$	495,440.23	11,000.00
1,950.94
$	490,837.30	
Total Expenses	$	311,074.12	
$	224,100.86		$	535,174.98	$	634,545.23	$	638,006.60	
Income (Loss) from Operations	$	224,238.41	$	(128,904.37)		$	95,334.04		$	(4,000.00)		$	(4,000.00)	

Other Income (Expense)
Interest Income	

$	18,994.22	

$	3,308.56		

$	22,302.78	

$	4,000.00	

$	4,000.00	
Total Other Income (Expense)	$	18,994.22	
$	3,308.56		$	22,302.78	$	4,000.00	$	4,000.00	

					
Net Income (Loss)	$	243,232.63	$	(125,595.81)		$	117,636.82	$	-	$	-	

Greeneway Improvement District
FY 2025 Debt Service Proposed Budget Series 2023 Special Assessment Bonds

			FY 2025	
			Proposed	
			Budget	
REVENUES:				
Special Assessments Series 2023		$	2,858,466.00	
TOTAL REVENUES		$	2,858,466.00	

EXPENDITURES:				
Series 2023 - Interest 11/01/2024		$	589,981.50	
Series 2023 - Principal 05/01/2025			1,110,000.00	
Series 2023 - Interest 05/01/2025			589,981.50	
TOTAL EXPENDITURES		$	2,289,963.00	

EXCESS REVENUES		

$	

568,503.00	

Series 2023 - Interest 11/01/2025		

$	

568,503.00	

Revenues

On-Roll Assessments

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. Assessments collected via the tax collector are referred to as “On-Roll Assessments.”

Off-Roll Assessments

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. Assessments collected through direct billing are referred to as “Off-Roll Assessments.”

Carryforward Revenue

Unused income from a prior year which is available as cash for the current year.

General & Administrative Expenses

Legislative

Supervisor Fees

Chapter 190 of the Florida Statutes allows for a member of the Board of Supervisors to be compensated for meeting attendance and to receive up to $200.00 per meeting plus payroll taxes. The amount for the Fiscal Year is based upon all supervisors attending the meetings.

Financial & Administration
Public Officials’ Liability Insurance

Supervisors’ and Officers’ liability insurance.
Trustee Services

The Trustee submits invoices annually for services rendered on bond series. These fees are for maintaining the district trust accounts.

Management

The District receives Management and Administrative services as part of a Management Agreement with PFM Group Consulting, LLC. These services are further outlined in Exhibit “A” of the Management Agreement.

Engineering

The District’s engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of invoices, and all other engineering services as requested by the district throughout the year.

Disclosure

When bonds are issued for the District, the Bond Indenture requires continuing disclosure, which the dissemination agent provides to the trustee and bond holders.

Property Appraiser

Cost incurred for a copy of the annual parcel listing for parcels within the District from the county.
District Counsel

The District’s legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts, and all other legal services as requested by the District throughout the year.

Assessment Administration

The District can levy a Non-Ad Valorem assessment on all the assessable property within the District in order to pay for the operating expenditures during the Fiscal Year. It is typically collected via the Tax Collector. The District Manager submits an Assessment Roll to the Tax Collector annually by the deadline set by the Tax Collector or Property Appraiser.

Reamortization Schedules

When debt is paid on a bond series, a new amortization schedule must be recalculated. This can occur up to four times per year per bond issue.

Audit

Chapter 218 of the Florida Statutes requires a District to conduct an annual financial audit by an Independent Certified Public Accounting firm. Some exceptions apply.

Arbitrage Calculation
Annual computations are necessary to calculate arbitrage rebate liability to ensure the District's compliance with all tax regulations.

Travel and Per Diem

Travel to and from meetings as related to the District.

Telephone

Telephone and fax machine services.

Postage & Shipping

Mail, overnight deliveries, correspondence, etc.

Copies

Printing and binding Board agenda packages, letterhead, envelopes, and copies.

Legal Advertising

The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to, monthly meetings, special meetings, and public hearings for the District.

Bank Fees
Bank fees associated with the services the District uses with the bank (e.g. remote deposit capture, positive pay, wire transfers, ACH payments, monthly maintenance, etc.).

Miscellaneous

Other general & administrative expenses incurred throughout the year.

Meeting Room
Fee associated with renting a meeting room for monthly Board meetings.

Office Supplies

General office supplies associated with the District.

Property Taxes
Ad Valorem taxes on District property that is not tax-exempt.

Web Site Maintenance

Website maintenance fee.

Holiday Decorations
District decorations for the holidays.

Dues, Licenses & Fees

The District is required to pay an annual fee to the Department of Economic Opportunity.

Field Operations Expenses

Electric Utility Services

Electric

The District pays for electric meters used on District-owned roads.

Water-Sewer Combination Services

Water Reclaimed Water used for irrigation Other Physical Environment
General Insurance

General liability insurance.
Property & Casualty Insurance

Insurance to protect property and cover casualty.

Other Insurance

Insurance to protect the District not otherwise covered under D&O, General, or Property & Casualty.

Irrigation Repairs

Inspection and repairs of irrigation system.
Landscaping Maintenance & Material

Contracted landscaping within the boundaries of the District.

Tree Trimming

Trimming of trees on District property.

Flower & Plant Replacement

Purchase of materials and labor to replace flowers and plants within the District.

Contingency
Other Field Operations expenses incurred throughout the year.

Pest Control

Pest control services.

Interchange Maintenance Expenses
IME – Aquatics Maintenance

Pond maintenance as it relates to the Interchange. The District is responsible for only a portion of the cost. Boggy Creek Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.

IME – Irrigation Repair

Irrigation repairs as they relate to the Interchange. The District is responsible for only a portion of the cost. Boggy Creek Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.
IME – Landscaping
Landscaping services as they relate to the Interchange. The District is responsible for only a portion of the cost. Boggy Creek Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.

IME – Landscape Improvements
Landscape improvement services as they relate to the Interchange. The District is responsible for only a portion of the cost. Boggy Creek Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.

IME – Lighting

Lighting services as they relate to the Interchange. The District is responsible for only a portion of the cost. Boggy Creek Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.
IME – Miscellaneous

Other interchange expenses as they relate to the Interchange. The District is responsible for only a portion of the cost. Boggy Creek Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.
IME – Water Reclaimed
Water reclaimed services as they relate to the Interchange. The District is responsible for only a portion of the cost. Boggy Creek Improvement District, Myrtle Creek Improvement District, and Midtown Improvement District each chip in for the remainder.

Road & Street Facilities

Entry and Wall Maintenance
Maintenance of entrance(s) and walls within the District.

Hardscape Maintenance
Purchase or maintenance of hard, yet “movable,” parts of landscape, such gravel, paving, and stones.
Streetlights

Streetlighting expenses within the District.
Accent Lighting

Accent lighting expenses within the District.

Parks & Recreation
Personnel Leasing Agreement

The lease of outside personnel per signed agreement.

Reserves
Infrastructure Capital Reserve

Funds reserved for infrastructure capital repairs/maintenance/replacement. These funds are kept in a separate bank account.

Interchange Maintenance Reserve

Funds reserved for interchange maintenance/repairs. These funds are kept in a separate bank account.

Other Income (Expense)

Interest Income

Income from interest earnings.

GREENEWAY IMPROVEMENT DISTRICT

Operation and Maintenance Expenditures Paid in April 2024 in an amount totaling $41,081.16

GREENEWAY IMPROVEMENT DISTRICT
DISTRICT OFFICE ● 3501 QUADRANGLE BLVD STE 270● ORLANDO, FL 32817 PHONE: (407) 723-5900 ● FAX: (407) 723-5901

Operation and Maintenance Expenditures For Board Approval

Attached please find the check register listing Operations and Maintenance expenditures paid from April 1, 2024 through April 30, 2024. This does not include expenditures previously approved by the Board.

The total items being presented:    $41,081.16

Approval of Expenditures:

	 Chairman

	 Vice Chairman

	 Assistant Secretary

Greeneway Improvement District AP Check Register (Current by Bank) Check Dates: 4/1/2024 to 4/30/2024

Check No.	Date	Status*	Vendor ID	Payee Name	Amount	
BANK ID: CN1484 - CIT' NATIONAL BANK	001-101-0000-00-01	
 2 	04/10/24	 	D+, C	Dona#$ %& c'ntosh Associates		(2 )&*1	
 30	04/2 /24	 	AA'.',	A-an$a Aikins		(200&00	
 31	04/2 /24	 	B1R A,	Ber-an Construction //C		(200 & 	
 32	04/2 /24	 	B2/5	Bright2ie3 /an$sca4e 5er6ices		(170)23&4)	
 33	04/2 /24	 	.D81RR	.aren Duerr		(200&00	
 34	04/2 /24	 	.89A.	.utak Rock		(10)30&0)	
 3 	04/2 /24	 	 :RA,.	 atthe3 :ranko		(200&00	
 37	04/2 /24	 	P: ;C	P: ;rou4 Consu#ting		(40 0)&)4	
 3*	04/2 /24	 	2;/+BA	2;#oba#9ech		(43 &00	
					BANK CN1484 REGISTER TOTAL:	$26,556.10	
BANK ID: OM-ACH - CIT' NATIONAL BANK - ACH 4 5IRES	001-101-0000-00-01	
*000 	04/0 /24	 	+C8	+range County 8ti#ities		(142&23	
*0007	04/17/24	 	+8C	+r#an$o 8ti#ities Co--ission		(*0*)2&77	
					BANK OM-ACH REGISTER TOTAL:	$7,924.89	
					GRAND TOTAL :	$34,480.99	

* Check Status Types: "P" - Printed ; "M" - Manual ; "V" - Void ( V id Date ); "A" - Application; "E" - EFT
** Denotes broken check sequence.

Payment Authorization #621
3/22/2024

Item No.

Payee	Invoice
Number

General Fund

1	Orange County Utilities
9987 Laureate Blvd ; Service 02/16/2024 - 03/15/2024	Acct: 6838006489	$	142.23
TOTAL	$	142.23

slletary/Assistant Secretary

Chairperson

Greeneway Improvement District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com II (407) 723-5925

[ RECEIVED

By Amanda Lane at 11:57 am, Mar 25, 2024

Payment Authorization #622 (revised)
3/29/2024

Item
No.

Payee	Invoice
Number

General Fund

1	Donald W McIntosh Associates
Engineering Services Through 03/01/2024	45483	$	258.71
TOTAL	$	258.71

Chairperson

0ariiatJ. Youn:g

.....

=, rt.
.e,.tio.--iJ. ''''"'t Oh : .t4&a
t-:i:,

Greeneway Improvement District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270

l

Orlando, FL 32817
LaneA@pfm.com // (407) 723-5925

[

RECEIVED
By Amanda Lane at 5:39 pm, Apr 03, 2024

·-

.'.::.!.�,lil,vpi-1:.,.0.-1

Payment Authorization #623
4/12/2024

Item
No.	Payee	Invoice
Number	General
Fund	

1	
Berman Construction			
	Trail Inspection	43981	$	240.00	
	April Administrator & Irrigation Specialist	44118	$	1,859.99	
2	Boggy Creek Improvement District			
	March ICM Fees	ICM2024-06	$	6,600.17	
3	BrightView Landscape Services			
	April Section 2 Landscaping	8841185	$	3,137.00	
	April Section 3 Landscaping	8841186	$	3,227.50	
	April Section 1 Landscaping	8841265	$	5,898.00	
4	Kutak Rock			
	General Counsel Through 02/29/2024	3378008	$	1,830.08	
5	ouc
Utility Service 03/01/2024 - 04/02/2024	
Acct: 8795843030	
$	7,782.66	
6	PFM Group Consulting			
	Annual Disclosure 01/01/2024 - 03/31/2024	130018	$	750.00	
	March Billable Expenses	130113	$	64.76	
	April OM Fee	DM-04-2024-18	$	3,666.67	
	January Reimbursables	OE-EXP-01-2024-19	$	7.28	
	February Reimbursables	OE-EXP-02-2024-17	$	20.13	
7	VGlobalTech			
	2024.Q2 ADA Audit	6030	$	300.00	
	April Website Maintenance	6048	$	135.00	

TOTAL	$	35,519.24

Chairperson

ry/Assistant Secretary

Greeneway Improvement District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste 270
Orlando, FL 32817
LaneA@pfm com ii (407) 723-5925

IRECEIVED	J
	
lB.y Aman-da Lane at 4:46 pm, Apr 23, 2024

Payment Authorization #624
4/19/2024

Item
No.	Payee	Invoice
Number	General
Fund	

1	
BrightView landscape Services
Step Down Transformer Replacement	

8860658	

$	1,342.36	
	Mainline Repair	8860659	$	3,218.62	
2	Orange County Utilities			
	9987 Laureate Blvd ; Service 03/16/2024 - 04/15/2024	Acct: 6838006489	$	242.22	
3	Supervisor Fees - 04/16/2024 Meeting			
	Karen Duerr		$	200.00	
	Amanda Aikins		$	200.00	
	Matthew Franko		$	200.00	

TOTAL	$	5,403.20

tary/Assistant Secretary	Chairperson

Greeneway Improvement District c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
LaneA@pfm.com II (407) 723-5925

·-

l

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-	01,:c:,,.ut,;

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RECEIVED
By Amanda Lane at 4:01 pm, Apr 26, 2024
·-

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GREENEWAY IMPROVEMENT DISTRICT

Work Authorizations/Proposed Services
(if applicable)

GREENEWAY IMPROVEMENT DISTRICT
Recommendation for Work Authorization / Proposed Services

Project Name: Public Facilities Report	 Brief Description: Yearly report satisfying Section 189.08 Florida Statutes.

Name of Consultant /Vendor: McIntosh Associates

Is this work pursuant to an existing Agreement?

If so, name and date of Agreement:			Yes	 		No	

Is this project included in the District Capital Improvement Plan?	

	Yes	
  X		

No	
Are the services required contemplated in the Capital Improvement Plan?		Yes	  X		No	
Is this a continuation of previously authorized work?			Yes		X		No	
Proposal attached:		X		Yes		No			
Form of Agreement Utilized:  Proposal					

Amount of Services:	
$ 9,500					

Recommendation:	Approve	Deny
  X			

By:

Daniel J. Young 

Digitally signed by Daniel J. Young DN: C=US,
E=dan.young@tavistock.com, O=Tavistock Development Co., CN=Daniel J. Young
Date: 2024.05.06 15:29:53-04'00'

Dan Young, Chairman
Greeneway Improvement District Construction Committee

c:	Jennifer Walden Tucker Mackie Jeffrey Newton Lynne Mullins

April 25, 2024
Via e-mail dan.young@tavistock.com

Greeneway Improvement District
3501 Quadrangle Boulevard
Suite 270
Orlando, FL 32817

Re:		Greeneway Improvement District Public Facilities Report 2024 McIntosh Job No. 23216 (010)

407.644.4068
1950 Summit Park Drive, Suite 600
Orlando, FL 32810 www.dwma.com

As requested by the District Manager, McIntosh Associates (McIntosh) is pleased to submit for your consideration this Letter Agreement to provide professional engineering services to the Greeneway Improvement District ("CLIENT" or "DISTRICT") for the preparation of a Greeneway Improvement District Public Facilities Report 2024 ("Project"). The scope of this proposal includes Services related to the preparation of a Public Facilities Report for the DISTRICT meeting the requirements of Section
189.08 Florida Statutes. McIntosh agrees to provide the following Basic Services for the itemized fees and expenses set forth below, subject to this Letter Agreement and its Attachments, which are incorporated herein by reference. The Attachments consist of Basis of Proposal and Client Responsibilities. McIntosh will provide these services pursuant to our current contract with the Greeneway Improvement District dated August 11, 2003, as amended December 18, 2018 ("Engineering Agreement"), as follows:
Scope of Work

PUBLIC FACILITIES REPORT PREPARATION - McIntosh will prepare a Public Facilities Report for the DISTRICT meeting the requirements of Section 189.08 Florida Statutes for submittal to the City of Orlando.

FEE SCHEDULE

Contract Item	Billing Item	
Description	
Fee	
A.	010	Public Facilities Report 2024	$9,500.00	

Compensation

Greeneway Improvement District will compensate McIntosh Associates, pursuant to the hourly rate schedule contained in the Engineering Agreement and/or the lump sums listed above. The DISTRICT will reimburse McIntosh Associates, all direct costs, which include items such as printing, drawings, travel, deliveries, et cetera, pursuant to the Agreement.

F:\Contract\Proposals\cp15194.do '1f'-

Re:	Public Facilities Report 2024 McIntosh Job No. 23216 (010)
April 25, 2024
Page 2 of 4

This proposal, together with the Engineering Agreement, represents the entire understanding between the Greeneway Improvement District and McIntosh Associates (Engineer) with regard to the referenced work authorization.

If you wish to accept this Work Authorization, please sign where indicated and return a complete copy to our office (executed electronic scanned copies are acceptable). Upon receipt, we will promptly schedule our services.

Sincerely,

JJN/lt

ACCEPTANCE OF CONTRACT BY:

[Signature]	[Date]

[Name and Title]	[Company]

PURSUANT TO FLORIDA STATUTE 558.0035, AN INDIVIDUAL EMPLOYEE OR AGENT OF MCINTOSH ASSOCIATES MAY NOT BE HELD INDIVIDUALLY LIABLE FOR NEGLIGENCE.

BASIS OF PROPOSAL AND CLIENT RESPONSIBILITIES

Our Agreement is also based on the following conditions and 1imitations:

BASIS OF PROPOSAL
CLIENT has performed the necessary due diligence research to confirm that the site is suitable for the intended pull)ose.
The CLIENT is advised that concurrency management and comprehensive plan consistency will impact the land development process. Regulations regarding concurrency and consistency vary according to governmental jurisdiction. The status of concurrency, consistency and, if applicable, vested rights must be addressed for all projects within the State of Florida. McIntosh presumes the CLIENT is aware of the issues and resultant impacts described. McIntosh disclaims responsibility for delays that may be encountered due to failure on the part of the CLIENT to address concurrency and consistency issues prior to initiation of Services proposed herein. McIntosh is not responsible for changes to the approved plans that may alter the concurrency vesting status or for noncompliance on the part of the property owner with regard to the performance terms and conditions established in the vesting certificate.
McIntosh will not be responsible for any circumstances, acts, errors, omissions, or events, of any type, beyond its control including, without limitation, construction costs, the acts or failures to act of any governmental or judicial agency, or the existence of hazardous waste of any type associated with the Project. No Services associated with hazardous waste of any type are included in any way in this Agreement.
Without limitation, architectural, traffic engineering (e.g., studies, signalization), structural engineering (e.g., retaining walls, bridges, docks), mechanical engineering (e.g., fire pumps), fire protection engineering (e.g., dedicated fire lines beyond the point of service), electrical engineering, geotechnical engineering and testing, environmental assessment, landscape and irrigation design, non­ civil utility engineering (e.g., power, gas, telephone, cable television, site lighting) and any other professional or consultant services required by CLIENT and not undertaken by McIntosh, shall be retained separately by the CLIENT. No Services are included in this Agreement other than those specifically listed herein.
McIntosh may be mandated by regulatory authorities to inCO!l)Orate findings, requirements, and details of design in their construction plans that are prepared by professional geotechnical engineers and not by McIntosh. In doing so, McIntosh assumes no responsibility or liability for the design, construction or operation of geotechnical engineering components which may include, but not be limited to, underdrains, ground stabilizers, backfills, embankments, etc. CLIENT must also recognize that some of these systems (i.e., underdrains, etc.) usually require extensive field supervision during construction and certification after construction. These systems are subject to damage by other activities during or after infrastructure construction such as other utility installations (power, telephone, cable, gas, etc.). McIntosh assumes no liability for damages to any design element caused by the improper design, construction, operation, or maintenance of improvements designed by others.
McIntosh, in and through its review and/or use of design and calculations prepared by others, is not responsible for or liable for error or omissions in the design and permitting services provided

by others. CLIENT's consultants will provide McIntosh with permission to utilize and rely upon their work product as the basis of McIntosh's design. Certain elements designed by others may be shown in McIntosh construction plans for context only.
McIntosh's performance and work product quality is dependent upon the timely provision of services from CLIENT-selected and contracted third-party consultants, including but not limited to geotechnical engineer, environmental consultant, transportation engineer, landscape/hardscape/irrigation designer and/or legal consultant whose services, while coordinated to the extent possible, are beyond the scope of responsibility of McIntosh.
If locating underground utilities is expressly included in the Services, McIntosh will locate such underground utilities as may be marked by a utility locating service retained by CLIENT. McIntosh shall not be liable for showing any utility lines not marked by the locating company. McIntosh cannot and does not guarantee or warranty that unidentified utilities will not be encountered.
Any opinion of construction cost prepared by McIntosh represents its judgment as a design professional and is supplied for the general guidance of the CLIENT only since McIntosh has no control over the cost of labor and material or over competitive bidding or market conditions. McIntosh does not warrant or guarantee the accuracy of such opinions.
No permit applications or negotiations with regulatory agencies or permitting authorities are included other than those specifically listed herein.
If construction services or observation of construction are included herein, the Services included by McIntosh will be to conduct periodic visits and observations to determine that the Work generally conforms or will conform to the applicable contract documents in relation to McIntosh's engineering Services. McIntosh's Service shall not include determining, supervising, implementing, or undertaking the responsibilities of the contractor, subcontractors, or others, regarding means, methods, techniques, sequences, and procedures of construction, nor for job conditions, safety precautions or programs. Construction phase services for systems designed and permitted by others are not included.
Construction phase retesting resulting from failures or no-shows, and therefore requiring additional site visits, shall be additional services and is not included in the scope of this agreement. Such services will be invoiced separately on an hourly basis for back­ charge to the contractor by CLIENT.
CLIENT's contractor and/or surveyor will provide certified as­ built surveys prepared by a Florida-licensed surveyor for McIntosh's use and reliance in preparing project certifications and/or record drawings. Any as-built surveys required to be performed by McIntosh due to failure of contractor's surveyor to provide accurate and complete survey data will be invoiced separately on an hourly basis for back-charge to the contractor by CLIENT.
Federal Emergency Management Agency (FEMA) Map revisions or amendments which may be required by regulatory agencies or lenders are not included unless specifically listed in Basic Services.
Provision of customized digital data files to CLIENT, CLIENT's consultants and/or CLIENT's contractor is not included. McIntosh

work product will be prepared digitally in AutoCAD Civil3D® 20I 8 or later.
CLIENT RESPONSIBILITIES
The CLIENT, or his representative, shall be available to meet with McIntosh and provide decisions in a timely manner throughout the course of the Project.
The CLIENT will provide McIntosh with plans and other pertinent information which may be necessary to properly survey or engineer the Project.
Prior to initiation of preliminary or final design, an approved site plan and final dimensioned building footprint(s) will be provided to McIntosh by CLIENT, which will be complete with final geometry, and will be relied upon by McIntosh.
The CLIENT will engage a professional geotechnical engineer to provide necessary hydrogeologic design support, relevant construction specifications for earthwork items and required construction inspection and certification. CLIENT's geotechnical engineer shall be responsible for final certification of all flexible and rigid pavement. Mcintosh has the CLlENT's authority to rely on this professional information as a basis for its design Services and certifications.
The CLIENT will engage a professional environmental consultant to provide jurisdictional determinations and necessary design and permitting support for wetland and special species issues.
The CLIENT will engage a professional environmental firm or firms who specialize in all matters relating to "hazardous" or "special" materials wastes, deposits, soils, contamination, etc., as may be required to support permitting or construction of the Project.
The CLIENT will engage a professional landscape architect to provide landscape and irrigation design related to the development of the property as intended by CLIENT.
The CLIENT will engage a professional architect to perform all architectural services including, without limitation, incorporation of the work product of McIntosh, and compliance with local, state, or federal laws, regulations, codes, and Americans with Disabilities Act ("ADA") requirements.
The CLIENT will engage a professional transportation consultant to provide analysis related to development of the property as intended by CLIENT, including but not limited to traffic studies, determination of tum lane requirements, traffic signal design, Maintenance of Traffic (MOT) plans and roundabout geometry, striping and signage design.

The CLIENT will engage a professional legal counselor to provide legal services related to development of the property as intended by CLIENT.
The CLIENT will engage a professional state licensed hydrogeologist for completion of hydrologic data required in support of a Consumptive Use/Water Use Permit.
The CLIENT will engage a professional archaeologist to provide archaeological analysis related to development of the property as intended by CLIENT.
The CLIENT agrees that McIntosh shall have no responsibility for the accuracy of information provided by, or for any portion of the Project designed by the CLIENT or CLIENT's other consultants, or for compliance with local, state, or federal ADA requirements. McIntosh shall not be required to check or verify the CLIENT's or other consultants' work product, information, or construction documents and shall be entitled to rely on the accuracy and completeness thereof, as well as the compliance of such documents with applicable laws, codes, statutes, ordinances, and regulations, including, without limitation, ADA requirements. The CLIENT also agrees to require all other consultants engaged by the CLIENT to coordinate their design or construction documents or reports with the work product of McIntosh, to promptly report any conflicts or inconsistencies to McIntosh and to cooperate fully in the resolution of those conflicts or inconsistencies. The CLIENT further agrees, to the fullest extent permitted by law, to indemnify and hold harmless McIntosh from any claims, damages, liabilities, or costs, including reasonable attorney's fees and defense costs, arising out of or relating to false, inaccurate, or non-compliant information provided by CLIENT or its other consultants, or the services performed by other consultants engaged by the CLIENT.
The CLIENT or CLIENT'S contractor shall obtain the required National Pollutant Discharge Elimination System (NPDES) permit for the Project.
The CLIENT will provide McIntosh with all applicable operation and maintenance budgets and budget reserve estimates for all gated communities prior to submittal of the final plat to satisfy local jurisdiction requirements.

Proposal for Extra Work at Greeneway Improvement District	

Property Name Property Address	
Greeneway Improvement District 9975 Tavistock Lakes Blvd Orlando, FL 32827	
Contact To
Billing Address	
Doyle Batten
Greeneway Improvement District 3501 Quadrangle Blvd Ste 270
Orlando, FL 32817	
Project Name Project Description	Straighten and stabilize oak tree hit by car Straighten and stabilize oak tree hit by car
Scope of Work	

QTY	
UoM/Size	
Material/Description	
Unit Price	
Total	

6.00	HOUR	Enhancement Labor - straighten and stabilize tree	$30.00	$180.00	
1.00	EACH	Pro 60 Staking Kit - 4"-6" Trees	$182.58	$182.58	
1.00

Images	LUMP SUM	MOT (maintenance of traffic)	$378.00	$378.00	

IMG_2013	IMG_2014

Proposal for Extra Work at Greeneway Improvement District

IMG_2015

For internal use only	
SO#	8388404	
JOB#	345200316	
Service Line	130	Total Price	$740.58	

Exclusions And Qualifications

Warranty

No warranty for failure of tree due to root damage or any damage caused by vehicle impact or straightening of the tree. This tree may not survive.

WORK AUTHORIZATION FOR MAINTENANCE SERVICES

This Work Authorization (the “Work Authorization”), dated

	May 20	, 2024,

authorizes certain work in accordance with that certain AGREEMENT BETWEEN THE GREENEWAY IMPROVEMENT DISTRICT AND BERMAN CONSTRUCTION, LLC FOR GENERAL MAINTENANCE
SERVICES (the “Agreement”), dated August 18, 2020, by and between:

Greeneway Improvement District, a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, being situated in the City of Orlando, Florida, and whose mailing address is 3501 Quadrangle Boulevard, Suite 270, Orlando, Florida 32817 (the “District”); and
Berman Construction, LLC, a Florida limited liability company, with a mailing address of 9801 Lake Nona Club Drive, Orlando, Florida 32827 (hereinafter “Contractor”, together with District the “Parties”).

Section 1. Scope of Services. Contractor shall provide

Repairs and

maintenance

services, as set forth in the attached Exhibit A, which is incorporated herein by reference, all in accordance with the terms of the Agreement (collectively, the “Services”).
Section 2. Compensation and Term. It is understood and agreed that the payment of compensation for the Services under this Work Authorization shall be in the amount and for the term set forth in the attached Exhibit A, and in the manner set forth in the Agreement.

Section 3. Acceptance. Acceptance of this Work Authorization will authorize the Contractor to complete the Services as outlined above and is indicated by the signature of the authorized representative of the District and the Contractor in the spaces provided below. Contractor shall commence the aforesaid Services as provided herein and shall perform the same in accordance with the terms and conditions of the Agreement, which, except to the extent expressly altered or changed in this Work Authorization, remain in full force and effect.

In witness whereof, the Parties hereto have caused this Work Authorization to be executed the day and year first above written.
GREENEWAY IMPROVEMENT DISTRICT

Secretary			
		By:	  Its:		

Witness		BERMAN CONSTRUCTION, LLC
_	Nicholas Debase	
By: Nicholas Debase – Operations Manager
Its:		
Exhibit A: Proposal/Scope of Services	

Date of proposal: May 20, 2024
Client: Greeneway Improvement District Project: Trail repairs
Scope: Perform repairs and services to the trail WO: 62098
Berman proposes the following scope of work and specifications:
Provide trail services – Based on recommendations from the trail inspections on April 4th, repairs should be made, and services for the trail pathway should be provided by pressure washing selected areas, installing no motorized vehicle signs, and repairing/replacing the asphalt.

Pressure wash selected areas - $1,100.00
The pressure wash bid will take approximately one full day, pressure washing certain sections of the 2 miles of trail. This job will involve a lot of starting and stopping as we focus on the intersections troubled spots.
Install new signs (2) - $1,130.00	
Install new signs that say, "No motorized vehicles along the pathway."

Total Line Items Costs: $2,230.00

Estimated Time of Completion – Work will be completed in the most expedient time frame possible.

Payment Schedule: Upon Completion
Additional Notes: Berman Construction State of Florida CGC # 1518721
All labor work is guaranteed for 1 year. Any work defects due to poor craftsmanship will be repaired at contractor’s expense. Any defect or poor craftsmanship of an installed product will be subject to manufacturer’s warranty. If any dispute arises as a result of this contract, then parties agree to seek binding arbitration as outlined by State of FL contracting policies. Berman Property Maintenance & Construction/ Berman Construction LLC is not responsible for damage to personal property as a result of accepted construction practices and such was not caused from negligent behavior or practices.

Revision and Approval Policy: Please contact our office upon receipt and approval of this contract, and any questions you might have. Due to availability and cost of material at this time, this proposal is only valid for 14 days, starting on the date of the proposal. Should you accept the terms outlined above please sign below and return. We can then schedule your services at that time. This proposal will become binding once executed by both parties.

Agent for owner (print name and signature)

Berman Property Maintenance & Construction By, Katie Harmer, Vice President

GREENEWAY IMPROVEMENT DISTRICT

District’s Financial Position and Budget to Actual YTD

General Fund	Debt Service		Capital Projects Fund	
	
Assets			

$392,624.05				
1,662.17				
50,757.38				
1,625.58				
98,680.56				
26,061.03				
	$217,302.67			
	34,133.72			
	226,876.43			
	2,276,177.94			
	12,153.19			
	0.01			
			$7,077.46	
			1,006,271.06	
$571,410.77	$2,766,643.96		$1,013,348.52	
$0.00	$0.00		$0.00	
$571,410.77	$2,766,643.96		$1,013,348.52	

General Long- Term Debt		Total	

$0.00		

$392,624.05
1,662.17
50,757.38
1,625.58
98,680.56
26,061.03
217,302.67
34,133.72
226,876.43
2,276,177.94
12,153.19
0.01
7,077.46
1,006,271.06
$4,351,403.25	

$2,515,207.57 29,039,792.43
$31,555,000.00		
$2,515,207.57 29,039,792.43
$31,555,000.00	
$31,555,000.00		$35,906,403.25	

Current Assets
General Checking Account State Board of Administration Assessments Receivable Deposits
Infrastructure Capital Reserve Interchange Maintenance Reserve Assessments Receivable
Due From Other Funds
Debt Service Reserve (Series 2023) Revenue (Series 2023)
Interest (Series 2023)
Prepayment (Series 2023) General Checking Account
Acquisition/Construction (Series 2023) Total Current Assets

Investments
Amount Available in Debt Service Funds Amount To Be Provided
Total Investments

Total Assets

General Long- Term Debt		Total	

$0.00		

$36,099.94 6,010.16
50,757.38
217,302.67
$310,170.15	

$31,555,000.00
$31,555,000.00		
$31,555,000.00
$31,555,000.00	
$31,555,000.00		$31,865,170.15	

$0.00		

$68,372.19 229,206.52
180,964.58
1,012,790.64
1,536,550.65
(10,264,278.80)
1,549,051.50
15,201.64
9,713,374.18
$4,041,233.10	
			
$31,555,000.00		$35,906,403.25	

Current Liabilities
Accounts Payable
Due To Other Governmental Units Deferred Revenue
Deferred Revenue
Total Current Liabilities

Long Term Liabilities
Revenue Bonds Payable - Long-Term Total Long Term Liabilities

Total Liabilities

Net Assets
Net Assets, Unrestricted
Net Assets - General Government
Current Year Net Assets - General Government
Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets, Unrestricted Net Assets, Unrestricted
Current Year Net Assets, Unrestricted
Net Assets - General Government
Total Net Assets

Total Liabilities and Net Assets

General Fund	Debt Service

Liabilities and Net Assets

6,010.16
50,757.38

$92,867.48		

$217,302.67
$217,302.67		

$0.00	
$0.00		$0.00		$0.00	
$92,867.48		$217,302.67		$0.00	

$68,372.19 229,206.52
180,964.58

$478,543.29		

$1,012,790.64 1,536,550.65

$2,549,341.29		

($10,264,278.80) 1,549,051.50
15,201.64
9,713,374.18
$1,013,348.52	
					
$571,410.77		$2,766,643.96		$1,013,348.52	

$36,099.94

Capital Projects Fund

Greeneway Improvement District
Statement of Activities As of 4/30/2024	
	
General Fund	
Debt Service	Capital Projects Fund	General Long- Term Debt	
Total	
Revenues						
On-Roll Assessments	$461,162.39				$461,162.39	
Off-Roll Assessments	11,882.09				11,882.09	
On-Roll Assessments		$1,974,329.21			1,974,329.21	
Off-Roll Assessments		77,131.26			77,131.26	
Inter-Fund Group Transfers In		10,236.35			10,236.35	
Inter-Fund Transfers In			($10,236.35)		(10,236.35)	
Total Revenues	

$473,044.48	

$2,061,696.82	

($10,236.35)	

$0.00	

$2,524,504.95	
Expenses						
Supervisor Fees	$2,800.00				$2,800.00	
Public Officials' Liability Insurance	2,782.00				2,782.00	
Management	25,666.69				25,666.69	
Engineering	1,427.47				1,427.47	
Disclosure	1,000.00				1,000.00	
Property Appraiser	4,559.41				4,559.41	
District Counsel	9,396.12				9,396.12	
Assessment Administration	7,500.00				7,500.00	
Arbitrage Calculation	500.00				500.00	
Travel and Per Diem	131.46				131.46	
Postage & Shipping	29.30				29.30	
Legal Advertising	1,123.68				1,123.68	
Bank Fees	1.00				1.00	
Property Taxes	59.88				59.88	
Web Site Maintenance	1,545.00				1,545.00	
Holiday Decorations	6,146.71				6,146.71	
Dues, Licenses, and Fees	175.00				175.00	
Electric	712.11				712.11	
Water Reclaimed	8,498.46				8,498.46	
General Insurance	3,129.00				3,129.00	
Property & Casualty	8,281.00				8,281.00	
Irrigation	7,659.31				7,659.31	
Landscaping Maintenance & Material	85,837.50				85,837.50	
Flower & Plant Replacement	11,868.38				11,868.38	
Contingency	240.00				240.00	
IME - Aquatics Maintenance	1,402.80				1,402.80	
IME - Irrigation	1,491.55				1,491.55	

Greeneway Improvement District
Statement of Activities As of 4/30/2024	
	
General Fund		
Debt Service		Capital Projects Fund		General Long- Term Debt		
Total	
IME - Landscaping	40,197.50								40,197.50	
IME - Lighting	200.83								200.83	
IME - Miscellaneous	73.20								73.20	
IME - Water Reclaimed	213.31								213.31	
Pest Control	1,738.00								1,738.00	
Entry and Wall Maintenance	1,500.00								1,500.00	
Hardscape Maintenance	14,060.00								14,060.00	
IME - Landscape Improvements	3,928.80								3,928.80	
Streetlights	42,178.72								42,178.72	
Personnel Leasing Agreement	13,019.93								13,019.93	
Interest Payments (Series 2023)			$549,530.33						549,530.33	
Engineering					$607.51				607.51	
Legal Advertising					249.46				249.46	
Total Expenses	$311,074.12		$549,530.33		$856.97		$0.00		$861,461.42	
Other Revenues (Expenses) & Gains (Losses)										
Interest Income	$18,994.22								$18,994.22	
Interest Income			$17.81						17.81	
Dividend Income			24,366.35						24,366.35	
Interest Income					$0.61				0.61	
Dividend Income					26,294.35				26,294.35	
Total Other Revenues (Expenses) & Gains (Losses)	$18,994.22		$24,384.16		$26,294.96		$0.00		$69,673.34	
Change In Net Assets	$180,964.58		$1,536,550.65		$15,201.64		$0.00		$1,732,716.87	
Net Assets At Beginning Of Year	$297,578.71		$1,012,790.64		$998,146.88		$0.00		$2,308,516.23	

Net Assets At End Of Year	
$478,543.29		
$2,549,341.29		
$1,013,348.52		
$0.00		
$4,041,233.10	

Greeneway Improvement District
Budget to Actual
For the Month Ending 4/30/2024

YTD Actual

$	461,162.39	
11,88523.059,312.53
$
62,268.05

$	2,800.00

2,782.00

25,666.69
1,-427.47
1,000.00
4,559.41
9,396.12
7,500.00

- 500.00
-
131.46

2-9.30
1,123.68
- 1.00
-
-
15,-95.4858.00	
$6,146.7614,843.72
175.00

$	712.11

8,498.46

3,129.00
8,281.00	

Oct-23	Nov-23	Dec-23	Jan-24	Feb-24	Mar-24	Apr-24	

$	-	
$  25,220.97	
$ 111,848.01	
$  35,913.05	
$ 257,728.68	
$  22,478.75	
$	7,972.93	
-	11,882.09	-	-	-	-	-	
	8,895.43	8,895.44	8,895.43	8,895.44	8,895.43	8,895.44	
$	8,895.44		$	45,998.49		$ 120,743.45		$	44,808.48		$ 266,624.12		$	31,374.18		$	16,868.37	
8,895.44																	

Revenues
On-Roll Assessments Off-Roll Assessments Carryforward Revenue
Net Revenues

Supervisor Fees	$	400.00	$	600.00	$	600.00	$	-	$	600.00	$	-	$	600.00	
Financial & Administrative
Public Officials' Liability Insurance	2,782.00	-	-	-	-	-	-	
Trustee Fees	-	-	-	-	-	-	-	
Management	3,666.67	3,666.67	3,666.67	3,666.67	3,666.67	3,666.67	3,666.67	
District Engineering	-	-	475.00	568.76	125.00	258.71	-	
Dissemination Agent	-	-	250.00	-	-	-	750.00	
Property Appraiser	-	-	-	-	4,559.41	-	-	
District Counsel	-	2,817.07	1,503.50	1,812.47	-	428.50	2,834.58	
Assessment Administration	-	-	7,500.00	-	-	-	-	
Reamortization Schedules	-	-	-	-	-	-	-	
Audit	-	-	-	-	-	-	-	
Arbitrage Calculation	-	-	-	-	-	-	500.00	
Travel and Per Diem	-	7.95	33.09	12.71	-	12.95	64.76	
Telephone	-	-	-	-	-	-	-	
Postage & Shipping	-	-	1.89	-	-	-	27.41	
Copies	-	-	-	-	-	-	-	
Legal Advertising	-	469.00	435.18	-	-	-	219.50	
Bank Fees	-	1.00	-	-	-	-	-	
Miscellaneous	-	-	-	-	-	-	-	
Meeting Room	-	-	-	-	-	-	-	
Office Supplies	-	-	-	-	-	-	-	
Property Taxes	-	59.88	-	-	-	-	-	
Website Maintenance	-	270.00	135.00	435.00	-	270.00	435.00	
Holiday Decorations	-	-	6,000.00	-	146.71	-	-	
Dues, Licenses, and Fees		175.00			-			-			-			-			-			-	
Total General & Administrative Expenses	$	7,023.67		$	7,891.57		$	20,600.33		$	6,495.61		$	9,097.79		$	4,636.83		$	9,097.92	

Field Operations								
Electric Utility Services								
Electric	$	-	$	117.95	$	118.69	$	119.66	$	118.57	$	117.59	$	119.65	
Water-Sewer Combination Services								
Water Reclaimed	270.99	1,807.90	2,154.92	1,677.30	718.04	1,014.03	855.28	
Other Physical Environment								

General & Administrative Expenses Legislative

General Insurance	3,129.00	-	-	-	-	-	-	
Property & Casualty Insurance	8,281.00	-	-	-	-	-	-	

Greeneway Improvement District
Budget to Actual
For the Month Ending 4/30/2024	

Other Insurance Irrigation Repairs
Landscaping Maintenance & Material Tree Trimming
Flower & Plant Replacement Contingency
Pest Control
Interchange Maintenance Expenses
IME - Aquatics Maintenance IME - Irrigation
IME - Landscaping IME - Lighting
IME - Miscellaneous IME - Water Reclaimed
IME - Landscape Improvements
Road & Street Facilities
Entry and Wall Maintenance Hardscape Maintenance Streetlights
Accent Lighting
Parks & Recreation
Personnel Leasing Agreement
Reserves
Infrastructure Capital Reserve Interchange Maintenance Reserve
Total Field Operations Expenses

Total Expenses
Income (Loss) from Operations Other Income (Expense)
Interest Income
Total Other Income (Expense)

Net Income (Loss)	

$

 $	

$

$
$

 $ 	
Oct-23

-
-
-
- 4,790.26
-
-

200.40
- 5,742.50
-
-
-
-

- 14,060.00
-
- 1,859.99
-
-
38,334.14

45,357.81

(36,462.37)

20.76
20.76

(36,441.61)	
Nov-23	Dec-23	Jan-24

-	-	-
-	1,833.75	-
24,525.00	12,262.50	12,262.50
-	-	-
-	902.00	-
-	-	-
-	-	-

200.40	200.40	200.40
662.40	-	-
5,742.50	5,742.50	5,742.50
36.96	35.72	35.16
-	-	-
1.32	63.76	-
3,928.80	-	-

-	-	1,500.00
-	-	-
6,989.96	6,990.20	7,049.95
-	-	-

1,859.99	1,859.99	1,859.99

-	-	-
-	-	-
$  45,873.18	$	32,164.43	$  30,447.46

 $  53,764.75   $	52,764.76   $  36,943.07
$	(7,766.26)	$  67,978.69	$	7,865.41

$	19.34	$	1,712.29	$	26.26
$	19.34	$	1,712.29	$	26.26

$  (7,746.92)	$  69,690.98	$	7,891.67	
Feb-24

-
- 12,262.50
- 6,176.12
-
-

200.40
328.08
5,742.50
34.16
- 56.80
-

-
- 7,049.45
- 1,859.99
-
-
$	34,546.61

 $	43,644.40
$  222,979.72

$	26.45
$	26.45

$ 223,006.17	

$

 $	

$

$
$

$	
Mar-24

- 1,264.58
12,262.50
-
-
- 1,738.00

200.40
501.07
5,742.50
31.17
73.20
51.83
-

-
- 7,049.21
- 1,859.99
-
-
31,906.07

36,542.90

(5,168.72)

17,164.34
17,164.34

11,995.62	
Apr-24

- 4,560.98
12,262.50
-
- 240.00
-

200.40
- 5,742.50
27.66
- 39.60
-

-
- 7,049.95
- 1,859.99
-
-
$  32,958.51

 $  42,056.43
$  (25,188.06)

$	24.78
$	24.78

$ (25,163.28)	

 
YTD Actual

- 7,659.31
85,837.50
- 11,868.38
240.00
1,738.00

1,402.80
1,491.55
40,197.50
200.83
73.20
213.31
3,928.80

1,500.00
14,060.00
42,178.72
- 13,019.93
-
-	
$	246,230.40

$	311,074.12	

$	224,238.41

$	18,994.22	
$	18,994.22	
$	243,232.63	

Greeneway Improvement District
Budget to Actual
For the Month Ending 4/30/2024

Revenues
On-Roll Assessments Off-Roll Assessments Carryforward Revenue
Net Revenues
General & Administrative Expenses Legislative
Supervisor Fees
Financial & Administrative
Public Officials' Liability Insurance Trustee Services
Management Engineering Disclosure Property Appraiser District Counsel
Assessment Administration Reamortization Schedules Audit
Arbirtrage Calculation Travel and Per Diem Telephone
Postage & Shipping Copies
Legal Advertising Bank Fees Miscellaneous Meeting Room Office Supplies Property Taxes
Web Site Maintenance Holiday Decorations Dues, Licenses, and Fees
Total General & Administrative Expenses

Actual	Budget

Variance

FY 2024
Adopted Budget

$

$	461,162.39
11,882.09
62,268.05
535,312.53	$

$	298,597.66	$	162,564.73	$	51
6,952.34	4,929.75
62,268.05	-	10
367,818.05	$	167,494.48	$	63	

$

$	

2,800.00

2,782.00
- 25,666.69
1,427.47
1,000.00
4,559.41
9,396.12
7,500.00
-
- 500.00
131.46
- 29.30
- 1,123.68
1.00
-
-
- 59.88
1,545.00
6,146.71
175.00
64,843.72	

$

$	

7,000.00	$	(4,200.00)	$

1,750.00	1,032.00
2,916.67	(2,916.67)
25,666.67	0.02
5,833.33	(4,405.86)
583.33	416.67
2,566.67	1,992.74
17,500.00	(8,103.88)
4,375.00	3,125.00
145.83	(145.83)
2,625.00	(2,625.00)
291.67	208.33
87.50	43.96
14.58	(14.58)
291.67	(262.37)
583.33	(583.33)
2,625.00	(1,501.32)
210.00	(209.00)
58.33	(58.33)
466.67	(466.67)
157.50	(157.50)
58.33	1.55
1,691.67	(146.67)
3,500.00	2,646.71
145.83	29.17
81,144.58	$	(16,300.86)	$	13	

1,881.70
11,918.30
6,745.23

0,545.23

12,000.00

3,000.00
5,000.00
44,000.00
10,000.00
1,000.00
4,400.00
30,000.00
7,500.00
250.00
4,500.00
500.00
150.00
25.00
500.00
1,000.00
4,500.00
360.00
100.00
800.00
270.00
100.00
2,900.00
6,000.00
250.00

9,105.00

Percentage Spent

90.09%
99.70%
58.33%

84.90%

23.33%

92.73%
0.00%
58.33%
14.27%
100.00%
103.62%
31.32%
100.00%
0.00%
0.00%
100.00%
87.64%
0.00%
5.86%
0.00%
24.97%
0.28%
0.00%
0.00%
0.00%
59.88%
53.28%
102.45%
70.00%

46.61%

Greeneway Improvement District
Budget to Actual
For the Month Ending 4/30/2024	

Actual			

Budget		

Variance	
FY 2024
Adopted Budget		
Percentage Spent	
Field Operations Electric Utility Services
Electric
Water-Sewer Combination Services	

$	712.11		

$	

2,916.67		

$	(2,204.56)	

$	5,000.00		

14.24%	
Water Reclaimed	8,498.46			11,666.67		(3,168.21)			20,000.00		42.49%	
Other Physical Environment												
General Insurance	3,129.00			1,983.33		1,145.67			3,400.00		92.03%	
Property & Casualty Insurance	8,281.00			4,025.00		4,256.00			6,900.00		120.01%	
Other Insurance	-			58.33		(58.33)			100.00		0.00%	
Irrigation Repairs	7,659.31			14,583.33		(6,924.02)			25,000.00		30.64%	
Landscaping Maintenance & Material	85,837.50			107,636.84		(21,799.34)			184,520.29		46.52%	
Tree Trimming	-			7,291.67		(7,291.67)			12,500.00		0.00%	
Flower & Plant Replacement	11,868.38			8,750.00		3,118.38			15,000.00		79.12%	
Contingency	240.00			5,293.75		(5,053.75)			9,075.00		2.64%	
Pest Control	1,738.00			3,033.33		(1,295.33)			5,200.00		33.42%	
Interchange Maintenance Expenses												
IME - Aquatics Maintenance	1,402.80			1,484.00		(81.20)			2,544.00		55.14%	
IME - Irrigation Repairs	1,491.55			1,400.00		91.55			2,400.00		62.15%	
IME - Landscaping	40,197.50			40,197.50		-			68,910.00		58.33%	
IME - Lighting	200.83			560.00		(359.17)			960.00		20.92%	
IME - Miscellaneous	73.20			2,800.00		(2,726.80)			4,800.00		1.53%	
IME - Water Reclaimed	213.31			700.00		(486.69)			1,200.00		17.78%	
IME - Landscape Improvements	3,928.80			5,600.00		(1,671.20)			9,600.00		40.93%	
Road & Street Facilities												
Entry and Wall Maintenance	1,500.00			1,085.00		415.00			1,860.00		80.65%	
Hardscape Maintenance	14,060.00			2,893.33		11,166.67			4,960.00		283.47%	
Streetlights	42,178.72			43,750.00		(1,571.28)			75,000.00		56.24%	
Accent Lighting	-			723.33		(723.33)			1,240.00		0.00%	
Parks & Recreation												
Personnel Leasing Agreement	13,019.93			13,020.00		(0.07)			22,320.00		58.33%	
Reserves									.			
Infrastructure Capital Reserve Interchange Maintenance Reserve
Total Field Operations Expenses	-
-

$	246,230.40		

$	6,416.67
1,138.05
289,006.80		(6,416.67)
(1,138.05)

$	(42,776.40)	11,000.00
1,950.94
$	495,440.23		0.00%
0.00%
49.70%	
Total Expenses	$	311,074.12		$	370,151.38		$	(59,077.26)	$	634,545.23		49.02%	
Income (Loss) from Operations	$	224,238.41	$	(2,333.33)		$	226,571.74		$	(4,000.00)			
Other Income (Expense)
Interest Income	

$	18,994.22	

$	2,333.33		

$	16,660.89	

$	4,000.00		

474.86%	
Total Other Income (Expense)	$	18,994.22	
$	2,333.33		$	16,660.89	$	4,000.00		474.86%	

						
Net Income (Loss)	$	243,232.63	$	-		$	243,232.63		$	-			

Greeneway Improvement District Cash Flow

FY 2023 Inflows	FY 2023 Outflows	FY 2024 Inflows	FY 2024 Outflows	End. Cash	
24,034.25	(48,707.20)	2.73	(21,417.25)	159,562.18	
-	(11,298.45)	222,212.46	(35,259.57)	335,216.62	
-	-	592,387.05	(358,740.33)	568,863.34	
-	-	189,671.89	(582,892.14)	175,643.09	
-	-	1,356,567.58	(30,665.51)	1,501,545.16	
-	-	135,862.00	(1,245,815.48)	391,591.68	
-	-	42,113.53	(41,081.16)	392,624.05	
-	-	-	(7,976.38)	384,647.67 as of 05/14/2024	

Beg. Cash

10/1/2023	205,649.65	
11/1/2023	159,562.18	
12/1/2023	335,216.62	
1/1/2024	568,863.34	
2/1/2024	175,643.09	
3/1/2024	1,501,545.16	
4/1/2024	391,591.68	
5/1/2024	392,624.05	
Totals	24,034.25	(60,005.65)	2,538,817.24	(2,323,847.82)

GREENEWAY IMPROVEMENT DISTRICT

Staff Reports

DESIGNATIONS BY SECRETARY RELATED TO PUBLIC RECORDS

---

 I,G-JrJn ctL Luu.b as Secretary of the Greeneway Improvement District ("District") Board of Supervisors, hereby make the following designation and/or appointment:

UENt,J)  w	is designated as a custodian of public records for the District under section 119.011(5), Florida Statutes. Any prior designation of a designee by a Secretary is hereby rescinded.

AND/OR

<h ,J?EIL /)Jpa...I;)6J	is appointed as the District's Records Management Liaison Officer under section 257.36(5)(a), Florida Statutes. Any prior appointment of a Records Management Liaison Officer by a Secretary is hereby rescinded.

ame:  U&NN) ffi...: L, \,Jln.l)aJ
, District Board of Supervisors

Date:_	 ._M_._. A_. ,'-r". 2=---/-+> ,2=--0=----2"'-- -·