Title: Silverleaf CDD Agenda 3-4-2024
Author: Mullins, Lynne
Company: The PFM Group

Silverleaf
Community Development District
3501 Quadrangle Boulevard, Suite 270 | 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 Monday, March 4, 2024, at 1:00 p.m. located at 3805 Shimmering Oaks Drive, Parrish, FL 34219. The following is the proposed agenda for this meeting.

Call in number: 1-844-621-3956 Passcode: 2538 286 6774 #
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 5, 2024, Board of Supervisors Meeting
Update on Homeowners Association Request
Ratification of Payment Authorization #210
Review of District Financial Statements
Other Business

Staff Reports
District Counsel
District Engineer
District Manager
Update on Resident Concerns
Audience Comments
Supervisors Requests
Adjournment

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Minutes of the February 5, 2024, Board of Supervisors Meeting

MINUTES OF MEETING

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT BOARD OF SUPERVISORS MEETING MINUTES
Monday, February 5, 2024, at 1:00 p.m. 3805 Shimmering Oaks Dr
Parrish, FL 34202
Board Members in attendance via conference call or in person: Paul Gressin	Chairperson
Lawrence Powell	Vice Chairperson
Frank Davis	Board Member
Timothy Abramski	Assistant Secretary
Jonathan Decker	Assistant Secretary Also present via conference call or in person:
Venessa Ripoll | PFM Group Consulting LLC |
Vivian Carvalho | PFM Group Consulting LLC | (via phone)
Rick Montejano | PFM Group Consulting LLC | (via phone)
Alan Rayl | Rayl Engineering | (via phone)
Caleb Wingo | Rayl Engineering | (via phone)
Molly Maggiano | Kilinski Van Wyk |

FIRST ORDER OF BUSINESS	Organizational Matters

Call to Order and Roll Call

The Board of Supervisors’ Meeting of the Silverleaf Community Development District was called to order at 1:00 p.m., Ms. Ripoll proceeded with roll call and confirmed quorum to proceed with the meeting. Those in attendance are outlined above either in person or via speakerphone.

Public Comment Period

Homeowners came forward in regard to the tree replacements that would block the view of the junkyard. There had been 48 trees that were taken out by the hurricane 2 years ago. It was explained that the CDD owns the land but the HOA is responsible for maintaining it. One of the homeowners asked for legal interpretation of Exhibit A of the legal document that explains the maintenance of the land. A homeowner also mentioned that the culverts has become overgrown

and would like to know when it would be addressed and also mentioned that there has been an issue with mosquitos. She also mentioned that there are issues with the overgrown algae in the ponds as well as a lot of overgrowth in the wetland conservation areas.

Administration of Oath of Office to new Board Member

Ms. Ripoll administered the Oath of Office to Mr. Davis. Mr. Davis elected to receive compensation.

SECOND ORDER OF BUSINESS	Consideration  of  the  Minutes  of  the
January 8, 2024, Board of Supervisors Meeting

The Board reviewed the Minutes of the January 8, 2024, Board of Supervisors’ Meeting.

ON MOTION by Mr. Powell, seconded by Mr. Abramski, with all in favor, the Board approved the Minutes of the January 8, 2024, Board of Supervisors Meeting.

Consideration	of	Resolution	2024-04, Election of Officers

Ms. Ripoll stated that she would like to keep the existing slate the same with the addition of Mr. Davis as an Assistant Secretary.

ON MOTION by Mr. Gressin, seconded by Mr. Powell, with all in favor, the Board approved Resolution 2024-04, Election of Officers, with Paul Gressin as Chairperson, Lawrence Powell as Vice Chairperson, Venessa Ripoll as Secretary, Timothy Abramski, Jonathan Decker, Frank Davis, Vivian Carvalho, and Jorge Jimenez Orsini as Assistant Secretaries, Jennifer Glasgow as Treasurer, and Amanda Lane, Rick Montejano, Verona Griffith, and Amy Champagne as Assistant Treasurers.

Discussion Pertaining to Landscape – Tree Replacement

There was discussion of a drainage ditch with trees growing through it, but they have not impeded the flow of water. It was noted that a homeowner had removed landscaping around the area. The violation will be sent to the Architectural Review Board. Ms. Maggiano stated that no one should be removing anything from the conservation area other than the CDD. She suggested a notice be sent by the District to the residents regarding mowing in the area. There was also mention of conversing with the HOA about replanting new shrubs and trees in the areas affected by the hurricane and what would be allowed to be done.

Ratification of Payment Authorizations #208 – 209

The Board reviewed Payment Authorizations #208 – 209.

ON MOTION by Mr. Abramski, seconded by Mr. Davis, with all in favor, the Board ratified Payment Authorizations #208 – 209.

Review of District Financial Statements

The Board reviewed the District Financials as of December 2023.

ON MOTION by Mr. Decker, seconded by Mr. Abramski, with all in favor, the Board accepted the District Financial Statements.

THIRD ORDER OF BUSINESS	Other Business

Staff Reports

District Engineer- | Mr. Wingo stated that they are working on getting back with West Coast in regard to the swell regrating as the work was insufficient. The Board would like confirmation from the engineer that states that the work has been completed to their satisfaction. The Board asked if Mr. Rayl could provide maps of the conservation areas.
District Manager- | Ms. Ripoll mentioned that the next meeting is scheduled for March 4, 2024, at 1:00 p.m.

District Counsel-	Ms. Maggiano reviewed the landscaping maintenance agreement
between the CDD and the HOA.

Supervisor	Requests	and	Audience Comments

There were no comments at this time.

FOURTH ORDER OF BUSINESS	Adjournment

There were no additional comments from the Board.

ON MOTION by Mr. Gressin, seconded by Mr. Davis, with all in favor, the February 5, 2024, Meeting of the Board of Supervisors of the Silverleaf Community Development District was adjourned at 1:57 p.m.

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Update on HOA Request

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #210

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

Payment Authorization #210
2/9/2024

Item | Payee | | General
No. | | Invoice | | Fund
1 | Eco-Logic Services LLC | | |
| January Wetland C Maintenance | 3611 | $ | 850.00
2 | FPL | | |
| Utility Payment 54780-86159 | 2024.02 | $ | 29.47
3 | McClatchy Company | | |
| Legal Ads on 01/01/2024, 01/29/2024 (Ad: IPL01524720, IPL01564840 | 234852 | $ | 133.38
4 | Supervisor Fees - 2/5/2024 Meeting | | |
| Timothy Abramski | 2024.02.05 | $ | 200.00
| Jonathan Decker | 2024.02.05 | $ | 200.00
| Frank Davis | 2024.02.05 | $ | 200.00
| Paul Gressin | 2024.02.05 | $ | 200.00
| Lawrence Powell | 2024.02.05 | $ | 200.00
| | TOTAL | $ | 2,012.85
| Secretary / Assistant Secretary | Chairman / Vice Chairman | |

Silverleaf CDD
c/o PFM Group Consulting
3501 Quadrangle Boulevard, Ste. 270
Orlando, FL 32817
MontejanoR@pfm.com // (407) 723-5951

Rick Montejano

From:	Paul <paulgressin@gmail.com>
Sent:	Friday, February 9, 2024 10:35 AM
To:	Rick Montejano
Subject:	Re: PA 210

 ALERT: This message is from an external source.BE CAUTIOUS before clicking any link or attachment	 Payment approved as attached
Sent from my iPhone

On Feb 9, 2024, at 10:08 AM, Rick Montejano <montejanor@pfm.com> wrote:

Hi Paul –

Attached is the latest payment authorization for review and approval of payment. Thanks,
Rick Montejano District Accountant
PFM Group Consulting LLC 407.723.5900 ext. 5951
3501 Quadrangle Blvd., Suite 270 | Orlando, FL 32817 MontejanoR@pfm.com
<Silverleaf PA #210.pdf>

1

SILVERLEAF COMMUNITY DEVELOPMENT DISTRICT

District Financials

Silverleaf CDD
Statement of Financial Position As of 1/31/2024

Debt Service - | Debt Service - | Debt Service - | Long Term
2014A1, 2019 | 2014A2 | 2018A | Debt Group

General Fund	Total

Current Assets
General Checking Account Assessments Receivable Deposits
Accounts Rec. - Mitigation Assessments Receivable Debt Service Reserve 2014A1 Revenue Account 2014A Revenue Account 2019A1 Prepayment Acct. 2019A2 Prepayment Acct. 2019A1 Debt Service Reserve 2019A1 Prepayment Acct. 2014A1 Debt Service Reserve 2014A2 Prepayment Account 2014A2 Sinking Fund 2014A2 Revenue 2018A Bond Prepayment 2018A1 Bond
Debt Service Reserve 2018A1 Bond Prepayment 2018A2 Bond Assessments Receivable
Total Current Assets

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

Total Assets

Current Liabilities Deferred Revenue Deferred Revenue Deferred Revenue
Total Current Liabilities

Long Term Liabilities
Revenue Bonds Payable LongTerm Total Long Term Liabilities

Total Liabilities

Assets

$115,615.72 6,611.58
167.00
159,900.00
$21,918.49 23,187.50
290,082.09
218,556.30
94,273.26
7,185.02
82,496.87
3,224.48

 
$282,294.30	$740,924.01

 
$0.00	$0.00

$282,294.30	$740,924.01

Liabilities and Net Assets

$6,611.58
$21,918.49

$6,611.58	$21,918.49

 
$0.00	$0.00

$6,611.58	$21,918.49

$84,318.75 1,327.09
0.01

$85,645.85

$0.00

$85,645.85

$0.00

$0.00

$0.00

$174,347.93 1,098.87
46,550.18
25,000.00
104,073.36

$351,070.34

$0.00

$351,070.34

$104,073.36

$104,073.36

$0.00

$104,073.36

$0.00

$1,051,648.35 5,893,351.65

$6,945,000.00

$6,945,000.00

$0.00

$6,945,000.00

$6,945,000.00

$6,945,000.00

$115,615.72 6,611.58
167.00
159,900.00
21,918.49
23,187.50
290,082.09
218,556.30
94,273.26
7,185.02
82,496.87
3,224.48
84,318.75
1,327.09
0.01
174,347.93
1,098.87
46,550.18
25,000.00
104,073.36
$1,459,934.50

$1,051,648.35 5,893,351.65
$6,945,000.00

$8,404,934.50

$6,611.58 21,918.49
104,073.36
$132,603.43

$6,945,000.00
$6,945,000.00

$7,077,603.43

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

Total Net Assets

Total Liabilities and Net Assets

($4,139.20) 210,317.73
69,504.19

$275,682.72

$282,294.30

$932,289.71 (213,284.19)

$719,005.52

$740,924.01

$85,871.95 (226.10)

$85,645.85

$85,645.85

$335,778.72 (88,781.74)

$246,996.98

$351,070.34

$0.00

$6,945,000.00

($4,139.20) 210,317.73
69,504.19
932,289.71
(213,284.19)
85,871.95
(226.10)
335,778.72
(88,781.74)

$1,327,331.07

$8,404,934.50

Silverleaf CDD Statement of Activities As of 1/31/2024

Debt Service - | Debt Service - | Debt Service - | Long Term
2014A1, 2019 | 2014A2 | 2018A | Debt Group

General Fund	Total

Revenues |
On-Roll Assessments | $142,630.21
Off-Roll Assessments | 822.27
On-Roll Assessments |
Other Assessments |
Inter-Fund Group Transfers In |
Inter-Fund Group Transfers In |
On-Roll Assessments |
Other Assessments |
Total Revenues | $143,452.48
Expenses |
Supervisor Fees | $3,400.00
Public Officials' Insurance | 3,222.00
Trustee Services | 4,781.39
Management | 14,116.68
Engineering | 10,928.64
Disclosure Agent | 3,750.00
District Counsel | 6,924.04
Assessment Administration | 12,500.00
Reamortization Schedules | 750.00
Postage & Shipping | 10.64
Legal Advertising | 305.94
Miscellaneous | 300.00
Web Site Maintenance | 840.00
Dues, Licenses, and Fees | 175.00
Wetland Maintenance Reserve | 5,840.65
Wetlands Monitoring | 117.96
General Insurance | 3,938.00
General Repair & Maintenance | 5,350.00
Principal Payment - 2019A1 Bond |
Interest Payments - 2014A1 Bond |
Interest Payments - 2019A1 Bond |
Interest Payments - 2019A2 Bond |
Assessment Refund |
Interest Payments - 2014A2 bond |
Principal Payment - 2018A2 Bond |
Interest Payment - 2018A1 Bond |
Interest Payment - 2018A2 Bond |
Assessment Refund |
Total Expenses | $77,250.94
Other Revenues (Expenses) & Gains (Losses) |
Interest Income | $3,302.65
Interest Income |
Interest Income |
Interest Income |
Total Other Revenues (Expenses) & Gains (Losses) | $3,302.65
Change In Net Assets | $69,504.19
Net Assets At Beginning Of Year | $206,178.53
Net Assets At End Of Year | $275,682.72

$340,306.82 12,096.43 (61,569.93) | | $61,569.93
$290,833.32 | | $61,569.93
$65,000.00 15,350.00 61,112.50 2,100.00 369,310.23 | | $62,943.75
$512,872.73 | | $62,943.75
$8,755.22 $8,755.22 ($213,284.19) $932,289.71 $719,005.52 | | $1,147.72 $1,147.72 ($226.10) $85,871.95 $85,645.85

| | | | $142,630.21
| | | | 822.27
| | | | 340,306.82
| | | | 12,096.43
| | | | (61,569.93)
| | | | 61,569.93
$165,910.91 | | | | 165,910.91
25,936.37 | | | | 25,936.37
$191,847.28 | | $0.00 | | $687,703.01
| | | | $3,400.00
| | | | 3,222.00
| | | | 4,781.39
| | | | 14,116.68
| | | | 10,928.64
| | | | 3,750.00
| | | | 6,924.04
| | | | 12,500.00
| | | | 750.00
| | | | 10.64
| | | | 305.94
| | | | 300.00
| | | | 840.00
| | | | 175.00
| | | | 5,840.65
| | | | 117.96
| | | | 3,938.00
| | | | 5,350.00
| | | | 65,000.00
| | | | 15,350.00
| | | | 61,112.50
| | | | 2,100.00
| | | | 369,310.23
| | | | 62,943.75
$75,000.00 | | | | 75,000.00
59,855.00 | | | | 59,855.00
11,357.50 | | | | 11,357.50
136,834.99 | | | | 136,834.99
$283,047.49 | | $0.00 | | $936,114.91
| | | | $3,302.65
| | | | 8,755.22
| | | | 1,147.72
$2,418.47 | | | | 2,418.47
$2,418.47 | | $0.00 | | $15,624.06
($88,781.74) | | $0.00 | | ($232,787.84)
$335,778.72 | | $0.00 | | $1,560,118.91
$246,996.98 | | $0.00 | | $1,327,331.07

Silverleaf CDD
Budget to Actual
For the Month Ending 1/31/2024

Year To Date
FY 2024

Actual

Budget	Variance	Adopted Budget

Revenues

On-Roll Assessments | $142,630.21 | | $50,091.68 | | $92,538.53 | | $150,275.00
Off-Roll Assessments | 822.27 | | - | | 822.27 | | -
Carry Forward Revenue | 68,082.96 | | 68,082.96 | | - | | 204,248.86
Net Revenues | $211,535.44 | | $118,174.64 | | $93,360.80 | | $354,523.86
General & Administrative Expenses

Supervisor Fees | $3,400.00 | | $4,000.00 | | $(600.00) | | $12,000.00
Public Officials' Insurance | 3,222.00 | | 1,136.00 | | 2,086.00 | | 3,408.00
Trustee Services | 4,781.39 | | 4,450.00 | | 331.39 | | 13,350.00
Management | 14,116.68 | | 14,116.68 | | - | | 42,350.00
Engineering | 10,928.64 | | 5,000.00 | | 5,928.64 | | 15,000.00
Disclosure Agent | 3,750.00 | | 5,000.00 | | (1,250.00) | | 15,000.00
District Counsel | 6,924.04 | | 5,000.00 | | 1,924.04 | | 15,000.00
Assessment Administration | 12,500.00 | | 4,166.68 | | 8,333.32 | | 12,500.00
Reamortization Schedules | 750.00 | | 250.00 | | 500.00 | | 750.00
Audit | - | | 1,750.00 | | (1,750.00) | | 5,250.00
Arbitrage Calculation | - | | 333.32 | | (333.32) | | 1,000.00
Postage & Shipping | 10.64 | | 66.68 | | (56.04) | | 200.00
Legal Advertising | 305.94 | | 500.00 | | (194.06) | | 1,500.00
Miscellaneous | 300.00 | | 166.68 | | 133.32 | | 500.00
Office Supplies | - | | 83.32 | | (83.32) | | 250.00
Web Site Maintenance | 840.00 | | 940.00 | | (100.00) | | 2,820.00
Dues, Licenses, and Fees | 175.00 | | 58.32 | | 116.68 | | 175.00
Wetland Maintenance Reserve | 5,840.65 | | 6,654.20 | | (813.55) | | 19,962.60
Wetlands Monitoring | 117.96 | | 666.68 | | (548.72) | | 2,000.00
Stormwater Management | - | | 42,546.52 | | (42,546.52) | | 127,639.58
General Insurance | 3,938.00 | | 1,388.68 | | 2,549.32 | | 4,166.00
General Repair & Maintenance | 5,350.00 | | 1,666.68 | | 3,683.32 | | 5,000.00
Hardscape Maintenance | - | | 18,234.20 | | (18,234.20) | | 54,702.68
Total General & Administrative Expenses | $77,250.94 | | $118,174.64 | | $(40,923.70) | | $354,523.86
Total Expenses | $77,250.94 | | $118,174.64 | | $(40,923.70) | | $354,523.86
Income (Loss) from Operations | $134,284.50 | | $0.00 | | $134,284.50 | | $0.00

Other Income (Expense)

Interest Income | $3,302.65 | | $0.00 | | $3,302.65 | | $0.00
Total Other Income (Expense) | $3,302.65 | | $0.00 | | $3,302.65 | | $0.00
Net Income (Loss) | $137,587.15 | | $0.00 | | $137,587.15 | | $0.00

| P age

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