Silverleaf
Community Development District
12051 Corporate Blvd., Orlando, FL 32817
Phone: 407-723-5900, Fax: 407-723-5901
www.silverleafcdd.com
The meeting of the Board of Supervisors for the Silverleaf Community Development District will be held Wednesday, March 10, 2021 at 1:00 p.m. located at 8141 Lakewood Main Street, Bradenton, FL 34202. The following is the proposed agenda for this meeting.

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

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

General Business Matters

Consideration of the Minutes of the February 10, 2021 Board of Supervisors’ Meeting
Ratification of Payment Authorizations 123-124
Review of District Financial Statements
Other Business

Staff Reports
District Counsel
District Engineer
District Manager
Review of Maintenance Reports
Audience Comments
Supervisors Requests
Adjournment

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Consideration of the Minutes of the February 10, 2021 Board of Supervisors’ Meeting

MINUTES OF MEETING

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING MINUTES
Wednesday, February 10, 2021
1:00 p.m.
8141 Lakewood Main Street, Bradenton, FL 34202
Board Members in attendance via conference call or in person: Joshua Holley	Assistant Secretary
Dale Weidemiller	Vice Chairperson
Paul Gressin	Chairperson
Jonathan Decker	Assistant Secretary
Larry Powell	Assistant Secretary Also present via conference call or in person:
Vivian Carvalho	District Manager- PFM Group Consulting LLC
Venessa Ripoll	Assistant District Manager- PFM Group Consulting LLC
(via phone)
Ed Vogler	District Counsel- Vogler Ashton	(via phone)
Jeb Mulock	District Engineer- ZNS Engineering (via phone)
Pam Curran	Neal Communities	(via phone)
Jim Schier	Neal Communities
John Leinaweaver	Neal Communities

FIRST ORDER OF BUSINESS	Organizational Matters

Call to Order and Roll Call

Ms. Carvalho called to order at 1:10 p.m. the meeting of the Board of Supervisors of the Silverleaf Community Development District and proceeded with roll call. The persons in attendance are outlined above.

Public Comment Period

There were no public comments at this time.

Administer Oath of Officer to Newly Appointed Board Member Joshua Holley

Ms. Carvalho stated that Mr. Joshua Holley had taken the oath prior to today’s meeting. Ms. Carvalho asked Mr. Holley if he would like to receive compensation at this time. Mr. Holley stated he would like to receive compensation.

SECOND ORDER OF BUSINESS	General Business Matters

| P a g e

Consideration of the Minutes of the January 13, 2021 Board of Supervisors’ Meeting

The Board reviewed the Minutes of the January 13, 2021 Board of Supervisors’ Meeting.

On MOTION by Mr. Powell, seconded by Mr. Gressin, with all in favor, the Board approved the Minutes of the January 13, 2021 Board of Supervisors’ Meeting.

Ratification of E-Verification Application for the District

The Board reviewed the E-Verification Application. Ms. Carvalho explained that this is a process that has gone into effect per statute and the District Manager has filled out this application online for the District. She added that all contracts moving forward will need to have a provision about e-verification and the vendor will be required to comply with the e-verification.

On MOTION by Mr. Weidemiller, seconded by Mr. Decker, with all in favor, the Board ratified the E-Verification Application for the District.

Consideration of Resolution 2021-04, Adopting an Internal Controls Policy Consistent with Section 218.33

The Board reviewed Resolution 2021-04. Ms. Carvalho explained that there are new statute changes that went into effect last year as it relates to internal controls that the District Management company has to take into consideration.

On MOTION by Mr. Powell, seconded by Mr. Holley, with all in favor, the Board approved Resolution 2021-04, Adopting an Internal Controls Policy Consistent with Section 218.33.

Discussion Regarding the Condition of the Silverleaf Roads

Mr. Gressin stated that this item was partially addressed at the last meeting. He notated that the cracks in the roads are acceptable as it has to do with the type of base coat and does not affect the life of the roads which is expected to last for 25 years. He asked where it shows that the blacktop is the responsibility of the HOA and the curbs and drains are the responsibility of the CDD. Mr. Vogler responded that the plats can be reviewed for these items and who is responsible

| P a g e

for which. He added that the Declaration of Covenants, Conditions and Restrictions for the HOA will also detail the HOA responsibilities.

Ratification of Payment Authorizations 119-122

The Board reviewed Payment Authorizations 119-122.

On MOTION by Mr. Weidemiller, seconded by Mr. Gressin, with all in favor, the Board ratified Payment Authorizations 119-122.

Review of District Financial Statements

The Board reviewed the District’s Financial Statements through January 31, 2021.

On MOTION by Mr. Gressin, seconded by Mr. Holley, with all in favor, the Board accepted the District’s Financial Statements.

THIRD ORDER OF BUSINESS	Other Business

Staff Reports

District Counsel-	No Report

District Engineer-	No Report

District Manager-	Ms. Carvalho stated that the latest maintenance reports were
included in the agenda packet.

Ms. Carvalho noted the next meeting is scheduled for March 10, 2021 at 1:00 p.m.

Audience Comments and Supervisor Requests

Mr. Gressin asked about the curbs being black throughout the community. Mr. Leinaweaver stated that the cleaning schedule can be accelerated and a proposal for pressure washing services at different frequencies can be brought back to the Board.

FOURTH ORDER OF BUSINESS	Adjournment

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

| P a g e

On MOTION by Mr. Weidemiller, seconded by Mr. Decker, with all in favor, the February 10, 2021 Meeting of the Board of Supervisors of the Silverleaf Community Development District was adjourned at 1:25 p.m.

__________________________	___________________________
Secretary/Assistant Secretary	Chairperson/Vice Chairperson

| P a g e

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Ratification of Payment Authorizations 123-124

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization 123-124

PA #	Description	Amount	Total	
				
123	PFM Group Consulting			
	DM-Fee January	$2,916.67		
				
	Reimbursables December 2020	$21.46		
				
			$2,938.13	
				
124	Performance Driven Landscaping	$152.25		
				
	PFM Group Consulting	$30.86		
	January Reimbursables			
				
	Supervisor Fee - 2/10/21 Meeting	$1,000		
				
	VGlobalTech	$125.00		
	February Website Maitenance			
				
	ZNS Engineering	$1,031.25		
			$2,339.36	

		TOTAL	$5,277.49	

Amanda Lane

From:	Paul Gressin <paulgressin@icloud.com>
Sent:	Saturday, January 30, 2021 2:01 PM
To:	Amanda Lane
Cc:	paul Gressin
Subject:	Re: Silverleaf - PA 123 - review and approval requested

 EXTERNAL EMAIL: Use care with links and attachments.	 Payment 123 approved. Paul Gressin, chairman
Sent from my iPhone

On Jan 30, 2021, at 10:50 AM, Amanda Lane <lanea@pfm.com> wrote:

Paul,

Please see attached for Payment Authorization(s) #123 for Silverleaf. Please provide authorization to pay (via email or signed cover sheet). If you have any questions, please let me know.

Amanda Lane
Assistant Chief District Accountant

PFM Group Consulting LLC LaneA@pfm.com | web pfm.com
phone 407.723.5900 (direct phone 407.723.5925) | fax 407.723.5901 12051 Corporate Blvd. | Orlando, FL 32817

<Silverleaf PA #123.pdf>

1

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #123

1/29/2021

Item No.	

Payee	

Invoice	
General Fund	

1	
PFM Group Consulting			
	DM Fee: January 2021	DM-01-2021-0041	$	2,916.67	
	Reimbursables: December 2020	OE-EXP-01-40	$	21.46	
		
TOTAL	
$	2,938.13	

Secretary / Assistant Secretary	Chairman / Vice Chairman

Silverleaf CDD
c/o PFM Group Consulting 12051 Corporate Boulevard
Orlando, FL 32817
LaneA@pfm.com // 407-723-5925

Amanda Lane

From:	Paul Gressin <paulgressin@icloud.com>
Sent:	Friday, February 12, 2021 5:39 PM
To:	Amanda Lane
Subject:	Re: Silverleaf - PA 124 - review and approval requested

 EXTERNAL EMAIL: Use care with links and attachments.	 I authorize payment as outlined in this report. Paul Gressin. Chairman
Sent from my iPhone

On Feb 12, 2021, at 5:33 PM, Amanda Lane <lanea@pfm.com> wrote:

Paul,

Please see attached for Payment Authorization(s) #124 for Silverleaf. Please provide authorization to pay (via email or signed cover sheet). If you have any questions, please let me know.

Amanda Lane
Assistant Chief District Accountant

PFM Group Consulting LLC LaneA@pfm.com | web pfm.com
phone 407.723.5900 (direct phone 407.723.5925) | fax 407.723.5901 12051 Corporate Blvd. | Orlando, FL 32817

<Silverleaf PA #124.pdf>

1

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #124

2/12/2021

Item No.	

Payee	

Invoice	
General Fund	

1	
Performance Driven Landscaping			
	Irrigation Labor Associated with Plant Replacement	15899	$	13.75	
	Irrigation Labor Associated with Plant Replacement	15900	$	99.00	
	Irrigation Labor Associated with Plant Replacement	15901	$	39.50	
2	PFM Group Consulting			
	January Reimbursables	OE-EXP-02-43	$	30.86	
3	Supervisor Fee - 02/10/2021 Meeting			
	Paul Gressin	--	$	200.00	
	Lawrence Powell	--	$	200.00	
	Jonathan Decker	--	$	200.00	
	Dale Weidemiller	--	$	200.00	
	Joshua Holley	--	$	200.00	
4	VGlobalTech			
	February Website Maintenance	2391	$	125.00	
5	ZNS Engineering			
	Engineering Services Through 12/31/2020	140658	$	1,031.25	
		
TOTAL	
$	2,339.36	

Secretary / Assistant Secretary	Chairman / Vice Chairman

Silverleaf CDD
c/o PFM Group Consulting 12051 Corporate Boulevard
Orlando, FL 32817
LaneA@pfm.com // 407-723-5925

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Review of District Financial Statements

Silverleaf CDD
Statement of Financial Position As of 2/28/2021

General Fund

Debt Service - 2014A1

Debt Service - 2014A2

Debt Service - 2018A

Construction Fund - 2014A1&A2

Long Term Debt	Total Group

	Assets		
Current Assets
General Checking Account	
$269,858.47												
$269,858.47	
Assessments Receivable	2,126.58												2,126.58	
Deposits	67.00												67.00	
Assessments Receivable			$3,571.55										3,571.55	
Debt Service Reserve 2014A1			25,287.50										25,287.50	
Revenue Account 2014A			392,843.73										392,843.73	
Revenue Account 2019A1			299,647.43										299,647.43	
Interest Account 2019A1			0.03										0.03	
Prepayment Acct. 2019A2			315,543.08										315,543.08	
Prepayment Acct. 2019A1			135,385.93										135,385.93	
Debt Service Reserve 2019A1			49,728.47										49,728.47	
Interest Account 2019A2			0.06										0.06	
Prepayment Acct. 2014A1			5,670.34										5,670.34	
Debt Service Reserve 2014A2					$88,893.75								88,893.75	
Interest Account 2014A2					0.03								0.03	
Prepayment Account 2014A2					16,575.24								16,575.24	
Revenue 2018A Bond							$241,631.03						241,631.03	
Interest 2018A1 Bond							0.03						0.03	
Prepayment 2018A1 Bond							2,359.43						2,359.43	
Debt Service Reserve 2018A1 Bond							103,471.76						103,471.76	
Interest 2018A2 Bond							0.02						0.02	
Prepayment 2018A2 Bond							162,590.51						162,590.51	
Assessments Receivable							2,079.08						2,079.08	
Acquisition/Construction 2014A									$14,865.63				14,865.63	
Acquisition/Construction 2019A									3,689,476.18				3,689,476.18	
Total Current Assets	$272,052.05		$1,227,678.12		$105,469.02		$512,131.86		$3,704,341.81		$0.00		$5,821,672.86	

Page 1 of 3

Silverleaf CDD
Statement of Financial Position As of 2/28/2021

General Fund

Debt Service - 2014A1

Debt Service - 2014A2

Debt Service - 2018A

Construction Fund - 2014A1&A2

Long Term Debt	Total Group

Investments
Amount Available in Debt Service Funds											
$1,839,628.37		
$1,839,628.37	
Amount To Be Provided											11,230,371.63		11,230,371.63	
Total Investments	$0.00		$0.00		$0.00		$0.00		$0.00		$13,070,000.00		$13,070,000.00	

Total Assets	$272,052.05		$1,227,678.12		$105,469.02		$512,131.86		$3,704,341.81		$13,070,000.00		$18,891,672.86	

Liabilities and Net Assets

Current Liabilities		
Accounts Payable	$4,218.67												$4,218.67	
Deferred Revenue	2,126.58												2,126.58	
Deferred Revenue			$3,571.55										3,571.55	
Deferred Revenue							$2,079.08						2,079.08	
Total Current Liabilities	$6,345.25		$3,571.55		$0.00		$2,079.08		$0.00		$0.00		$11,995.88	

Long Term Liabilities
Revenue Bonds Payable LongTerm Total Long Term Liabilities

$13,070,000.00	$13,070,000.00

$0.00	$0.00	$0.00	$0.00	$0.00	$13,070,000.00	$13,070,000.00

Total Liabilities	$6,345.25		$3,571.55		$0.00		$2,079.08		$0.00		$13,070,000.00		$13,081,995.88	

Page 2 of 3

Silverleaf CDD
Statement of Financial Position As of 2/28/2021

General Fund

Debt Service - 2014A1

Debt Service - 2014A2

Debt Service - 2018A

Construction Fund - 2014A1&A2

Long Term Debt	Total Group

Net Assets														
Net Assets, Unrestricted	($4,139.20)												($4,139.20)	
Net Assets - General Government	160,692.89												160,692.89	
Current Year Net Assets - General Government	109,153.11												109,153.11	
Net Assets, Unrestricted			$786,923.82										786,923.82	
Current Year Net Assets, Unrestricted			437,182.75										437,182.75	
Net Assets, Unrestricted					$118,741.72								118,741.72	
Current Year Net Assets, Unrestricted					(13,272.70)								(13,272.70)	
Net Assets, Unrestricted							$606,303.93						606,303.93	
Current Year Net Assets, Unrestricted							(96,251.15)						(96,251.15)	
Net Assets, Unrestricted									$7,421,129.53				7,421,129.53	
Current Year Net Assets, Unrestricted									(3,666,787.72)				(3,666,787.72)	
Net Assets - General Government									(50,000.00)				(50,000.00)	
Total Net Assets	$265,706.80		$1,224,106.57		$105,469.02		$510,052.78		$3,704,341.81		$0.00		$5,809,676.98	
														
Total Liabilities and Net Assets	$272,052.05		$1,227,678.12		$105,469.02		$512,131.86		$3,704,341.81		$13,070,000.00		$18,891,672.86	

Page 3 of 3

Silverleaf CDD Statement of Activities As of 2/28/2021

General Fund

Debt Service - 2014A1

Debt Service - 2014A2

Debt Service - 2018A

Construction Fund - 2014A1&A2

Long Term	Total Debt Group

Revenues

On-Roll Assessments	$140,223.03												$140,223.03	
Off-Roll Assessments	34,491.40												34,491.40	
On-Roll Assessments			$220,146.72										220,146.72	
Off-Roll Assessments			260,487.26										260,487.26	
Other Assessments			774,238.01										774,238.01	
Inter-Fund Group Transfers In			(66,212.50)										(66,212.50)	
Other Assessments					$71,727.75								71,727.75	
Inter-Fund Group Transfers In					72,222.14								72,222.14	
On-Roll Assessments							$128,153.49						128,153.49	
Off-Roll Assessments							53,919.94						53,919.94	
Other Assessments							220,249.59						220,249.59	
Inter-Fund Transfer							(6,009.64)						(6,009.64)	
Total Revenues	$174,714.43		$1,188,659.49		$143,949.89		$396,313.38		$0.00		$0.00		$1,903,637.19	

Expenses

Supervisor Fees	$5,000.00		$5,000.00	
Public Officials' Insurance	2,785.00		2,785.00	
Trustee Services	4,781.39		4,781.39	
Management	14,583.35		14,583.35	
Engineering	3,781.75		3,781.75	
Dissemination Agent	3,750.00		3,750.00	
District Counsel	2,059.00		2,059.00	
Assessment Administration	12,500.00		12,500.00	
Reamortization Schedules	625.00		625.00	
Postage & Shipping	82.39		82.39	
Legal Advertising	497.25		497.25	
Miscellaneous	197.10		197.10	
Web Site Maintenance	925.00		925.00	
Dues, Licenses, and Fees	175.00		175.00	
Electric	259.09		259.09	
General Insurance	3,404.00		3,404.00	
General Repair & Maintenance	191.50		191.50	
Irrigation	152.25		152.25	
Landscape Improvements	9,632.25		9,632.25	
Hardscape Maintenance	180.00	

Page 1 of 2	180.00	

Silverleaf CDD Statement of Activities As of 2/28/2021

	2014A1&A2		
Principal Payment - 2014A1 Bond			$20,000.00										20,000.00	
Principal Payment - 2019A2 Bond			495,000.00										495,000.00	
Interest Payments - 2014A1 Bond			17,006.26										17,006.26	
Interest Payments - 2019A1 Bond			77,103.75										77,103.75	
Interest Payments - 2019A2 Bond			142,380.00										142,380.00	
Principal Payments - 2014A2 bond					$85,000.00								85,000.00	
Interest Payments - 2014A2 bond					72,225.00								72,225.00	
Principal Payment - 2018A1 Bond							$10,000.00						10,000.00	
Principal Payment - 2018A2 Bond							375,000.00						375,000.00	
Interest Payment - 2018A1 Bond							63,616.25						63,616.25	
Interest Payment - 2018A2 Bond							43,955.00						43,955.00	
Contingency									$3,666,904.62				3,666,904.62	
Total Expenses	$65,561.32		$751,490.01		$157,225.00		$492,571.25		$3,666,904.62		$0.00		$5,133,752.20	

General Fund

Debt Service - 2014A1

Debt Service - 2014A2

Debt Service - 2018A

Construction Fund -

Long Term	Total Debt Group

Other Revenues (Expenses) & Gains (Losses)

Interest Income			$13.27										$13.27	
Interest Income					$2.41								2.41	
Interest Income							$6.72						6.72	
Interest Income									$116.90				116.90	
Total Other Revenues (Expenses) & Gains (Losses)	$0.00		$13.27		$2.41		$6.72		$116.90		$0.00		$139.30	
Change In Net Assets	$109,153.11		$437,182.75		($13,272.70)		($96,251.15)		($3,666,787.72)		$0.00		($3,229,975.71)	

Net Assets At Beginning Of Year	
$156,553.69		
$786,923.82		
$118,741.72		
$606,303.93		
$7,371,129.53		
$0.00		
$9,039,652.69	

Net Assets At End Of Year	
$265,706.80		
$1,224,106.57		
$105,469.02		
$510,052.78		
$3,704,341.81		
$0.00		
$5,809,676.98	

Page 2 of 2

Silverleaf CDD
Budget to Actual
For the Month Ending 02/28/2021

Year To Date

Actual	Budget	Variance

FY 2021
Adopted Budget

Revenues

On-Roll Assessments	$	140,223.03		$	86,228.33		$	53,994.70		$ 206,948.00	
Off-Roll Assessments	34,491.40		-		34,491.40		-	
Carry Forward Revenue	154,991.66		12,500.00		142,491.66		30,000.00	
Net Revenues	$	329,706.09		$	98,728.33		$	230,977.76		$ 236,948.00	

General & Administrative Expenses

Supervisor Fees	$	5,000.00		$	5,000.00		$	-		$	12,000.00	
Public Officials' Insurance	2,785.00		1,185.83		1,599.17		2,846.00	
Trustee Services	4,781.39		2,708.33		2,073.06		6,500.00	
Management	14,583.35		14,583.33		0.02		35,000.00	
Engineering	3,781.75		2,083.33		1,698.42		5,000.00	
Dissemination Agent	3,750.00		6,250.00		(2,500.00)		15,000.00	
District Counsel	2,059.00		6,250.00		(4,191.00)		15,000.00	
Assessment Administration	12,500.00		5,208.33		7,291.67		12,500.00	
Reamortization Schedules	625.00		312.50		312.50		750.00	
Audit	-		2,187.50		(2,187.50)		5,250.00	
Postage & Shipping	82.39		83.33		(0.94)		200.00	
Legal Advertising	497.25		416.67		80.58		1,000.00	
Miscellaneous	197.10		208.35		(11.25)		500.00	
Web Site Maintenance	925.00		1,125.00		(200.00)		2,700.00	
Dues, Licenses, and Fees	175.00		72.92		102.08		175.00	
Electric	259.09		1,041.67		(782.58)		2,500.00	
Wetlands Maintenance Reserve	-		2,083.33		(2,083.33)		5,000.00	
Wetlands Monitoring	-		5,416.67		(5,416.67)		13,000.00	
70% to Stormwater	-		8,750.00		(8,750.00)		21,000.00	
Lake Repair	-		1,837.50		(1,837.50)		4,410.00	
General Insurance	3,404.00		1,449.58		1,954.42		3,479.00	
General Repair & Maintenance	191.50		2,083.33		(1,891.83)		5,000.00	
Irrigation	152.25		2,000.00		(1,847.75)		4,800.00	
Lake Maintenance	-		8,900.00		(8,900.00)		21,360.00	
Landscaping Maintenance & Material	9,632.25		11,657.50		(2,025.25)		27,978.00	
Landscape Improvements	-		2,083.33		(2,083.33)		5,000.00	
30% to Hardscape	180.00		3,750.00		(3,570.00)		9,000.00	
Total General & Administrative Expenses	$	65,561.32		$	98,728.33		$	(33,167.01)		$ 236,948.00	

Total Expenses

  $	65,561.32  

   $	98,728.33  

   $	(33,167.01)

  $   236,948.00  

  	 

Net Income (Loss)

$	264,144.77	$

-	$	264,144.77	$	-

  	 

Page 1 of 1

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Review of Maintenance Reports