HERITAGE SPRINGS

COMMUNITY DEVELOPMENT DISTRICT

AGENDA PACKAGE

JANUARY 21, 2019

Heritage Springs Community Development District

Inframark, Infrastructure Management Services

210 North University Drive, Suite 702 • Coral Springs, Florida 33071
Telephone: (954) 603-0033 • Fax: (954) 345-1292

January 14, 2019

Board of Supervisors

Heritage Springs Community Development District

Dear Board Members:

The regular meeting of the Board of Supervisors of the Heritage Springs Community Development District will be held Monday, January 21, 2019 at 2:30 P.M. at Heritage Springs Community Clubhouse, 11345 Robert Trent Jones Parkway, New Port Richey, Florida. Following is the advance agenda for the meeting:

1.	Roll Call

2.	Organizational Matters
A.	Oath of Office of Newly Elected Supervisors
B.	Consideration of Resolution 2019-1 - Election of Officers
3.	Consent Agenda

A.	Approval of the Minutes of the November 19, 2018 Meeting
B.	Approval of the Financial Statements
4.	Public Comment on Agenda Items

5.	Attorney’s Report
6.	Engineer’s Report
7.	Manager’s Report
8.	Maintenance Items
9.	Supervisors’ Requests
10.	Audience Comments
11.	Adjournment

I look forward to seeing you at the meeting. Please call me if you have any questions.

Sincerely,

Andrew P. Mendenhall, PMP Secretary

/ms

cc:	John Vericker	Danny Tyler	Kimberlee DeBosier	Robert Dvorak

Second Order of Business

2B.

RESOLUTION 2019-1

A RESOLUTION DESIGNATING OFFICERS OF HERITAGE

SPRINGS COMMUNITY DEVELOPMENT DISTRICT

WHEREAS, the Board of Supervisors of Heritage Springs Community Development District at a regular business meeting following the General Election held on November 6, 2018 desires to appoint the below recited persons to the offices specified.
.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF

SUPERVISORS	OF   HERITAGE   SPRINGS   COMMUNITY
DEVELOPMENT DISTRICT:

1. The following persons were appointed to the offices shown, to wit:

Andrew Mendenhall

Stephen Bloom

Alan Baldwin

Chairman

Vice Chairman

Secretary

Treasurer

Assistant Treasurer

Assistant Secretary

Assistant Secretary

Assistant Secretary

PASSED AND ADOPTED THIS 21st DAY OF JANUARY, 2019.

Chairman

Andrew P. Mendenhall, PMP

Secretary

Third Order of Business

3A.

1	MINUTES OF MEETING	
2	HERITAGE SPRINGS	
3	COMMUNITY DEVELOPMENT DISTRICT	
4		
5	The  regular  meeting  of  the  Board  of  Supervisors  of  the  Heritage  Springs	

6	Community Development District was held on Monday, November 19, 2018 at 2:30 p.m.

7	at the Heritage Springs Community Clubhouse, 11345 Robert Trent Jones Parkway, New

8	Port Richey, Florida.

9							
10		Present and constituting a quorum were:				
11							
12		Steve Wertovitch	Chairman		
13		Joe DePompa	Vice Chairman		
14		George Kachavos	Assistant Secretary		
15		Les Elwonger	Supervisor		
16							
17		Also present were:				
18							
19		Andrew Mendenhall	District Manager		
20		Residents				
21							
22		The following is a summary of the minutes and actions taken at the November 19,		
23	2018 Heritage Springs Board of Supervisors meeting.		
24							
25	FIRST ORDER OF BUSINESS	Roll Call		
26		Mr. Mendenhall called the meeting to order and noted all Board members are in		
27	attendance.					
28	SECOND ORDER OF BUSINESS	Consent Agenda		
29				
30		A.	Approval of the Minutes of the October 15, 2018 Meeting		
31		B.	Approval of the Financial Statements		
32							
33						
			Mr. Elwonger MOVED to approve the Consent Agenda			
34			and Mr. Kachavos seconded the motion.			
35							
36	•	Line 99 – replace changes with documentation.		
37							
38			On  VOICE  vote,  with  all  in  favor,  the  motion  was			
39			approved, as amended.				
40							

41

	November 19, 2018	Heritage Springs CDD		
42	THIRD ORDER OF BUSINESS	Public Comment on Agenda Items		
43		None.				
44	FOURTH ORDER OF BUSINESS	Attorney’s Report		
45				
46		None.				
47	FIFTH ORDER OF BUSINESS	Engineer’s Report		
48				
49		None.				
50	SIXTH ORDER OF BUSINESS	Manager’s Report		
51				
52	•	Mr. Mendenhall addressed the recent General Election noting the newly elected		
53		and unopposed supervisors will be seated at the next meeting.   It is 14-days		
54		following the election is when the seats can officially be taken and that would be		
55		tomorrow.  At the next meeting he will perform the oaths of office and if the		
56		Board would like to do anything with the open seat it would be the best time to do		
57		it.				
58	SEVENTH ORDER OF BUSINESS	Maintenance Items		
59				
60	•	Mr. DePompa distributed and reviewed the FY 2019 Maintenance plan.		
61		o	Mr. Wertovitch suggested they have Mr. D’Amours to have his crew pile		
62			dirt on the depression and place tape around it to see if it gets any worse.		
63		o	Discussion  continued  with  Mr.  DePompa  suggesting  they  have  Mr.		
64			Dvorak look at the depression area.		

65	oDiscussion followed on having BioMass look at the area.

66	•    Mr. DePompa continued to review the maintenance items and addressed a channel

67		near the Garden Lakes gate weir noting it may be an area for future channel to	
68		move water.  They should review it when the area dries up.  There is still one inlet	
69		for concrete repairs and they should keep it on the list for Bates.	
70	•	Mr. Wertovitch inquired if 152-A will be cleaned out.	
71		o	Mr. DePompa noted it was not done last year because it got wet so early.	
72		o	There are only two annual cleanups listed and there should be three – the	
73			back gate is missing from the list.	
74	•	Mr. DePompa addressed Hole 17.  They need to think about how they maintain it	
75		so the silt does not make the rock a wall.  Discussion followed on spraying out the	
76		growth.	

2

	November 19, 2018	Heritage Springs CDD		
77	EIGHTH ORDER OF BUSINESS	Supervisors’ Requests		
78				
79	•	Mr. Elwonger addressed the bid from Duke Energy to increase the parking lot		
80		lighting noting he thinks they should reconsider it.		
81		o	Discussion followed on the transfer of all lighting responsibility, including		
82			paying the monthly electric costs to the HOA, with Mr. Wertovitch noting		
83			he addressed this with the HOA previously with no result.		
84	•	Mr. Elwonger reported on the ponds noting behind the gold tee box on the 18th		
85		hole there is a good sized bank that may be eroding.		
86	•	Mr. Kachavos reported everything is good in the southwest quadrant.  He needs to		
87		look at some of the culverts as they may be eroding into the pond.		
88	•	Mr. Wertovitch addressed the project to do the cameras along Winding Willow.		
89		He asked Blue Works to update the proposal to add going from RTJ along RTJ to		
90		the sump / skimmer.  The original proposal was $5,250 and the new proposal is		
91		$7,000.				
92		o	Discussion followed on the project with it being noted they can wait until		
93			January to decide.			
94	•	Mr. Wertovitch inquired about the check for Mr. Strack.		

95	oMr. Mendenhall noted it went out on the 11th.

96	•    Mr. Wertovitch reported they have had no responses for the open seat.

97	NINTH ORDER OF BUSINESS	Audience Comments		
98				
99	None.				
100	TENTH ORDER OF BUSINESS	Adjournment		
101				
102						
103					
		On  MOTION  by  Mr.  Wertovitch  seconded  by  Mr.			
104		Kachavos, with all in favor, the meeting was adjourned.			
105						
106						
107						
108			____________________________		
109			Steve Wertovitch		
110			Chairman		

3

3B.

Heritage Springs

Community Development District

Financial Report

December 31, 2018

Prepared by

HERITAGE SPRINGS

Community Development District

Table of Contents

FINANCIAL STATEMENTS			
Balance Sheet - All Funds	………………………………………………….	Page 1	
Statement of Revenues, Expenditures and Changes in Fund Balances		
General Fund	………………………………………………….	Page 2	
Debt Service Fund(s)	………………………………………………….	Page 3 - 4	
SUPPORTING SCHEDULES			
Non-Ad Valorem Special Assessments	………………………………………………….	Page 5	
Investment and Cash Balance Report	………………………………………………….	Page 6	
SunTrust Bank Reconciliation	………………………………………………….	Page 7	
Check Register	………………………………………………….	Page 8	

Heritage Springs

Community Development District

Financial Statements

(Unaudited)

December 31, 2018

HERITAGE SPRINGS
Community Development District										Governmental Funds		
																
			Balance Sheet										
		December 31, 2018									
							SERIES 2006		SERIES 2008						
										DEBT						
				GENERAL			DEBT			SERVICE						
							SERVICE			FUND			TOTAL		
	ACCOUNT DESCRIPTION				FUND			FUND		(REFUNDING)					
	ASSETS																
	Cash - Checking Account	$	669,480	$	-	$	-	$	669,480			
	Due From Other Funds				-			122,466			81,667			204,133			
	Investments:																
	Certificates of Deposit - 18 Months				101,796			-			-			101,796			
	Money Market Account				804,966			-			-			804,966			
	Redemption Fund				-			-			1			1			
	Reserve Fund				-			64,878			8,888			73,766			
	Revenue Fund				-			44,216			35,351			79,567			
													
	TOTAL ASSETS	$	1,576,242	$	231,560	$	125,907	$	1,933,709			
																	
	LIABILITIES																
	Accounts Payable	$	18,501	$	-	$	-	$	18,501			
	Accrued Expenses				2,900			-			-			2,900			
	Due To Other Funds				204,133			-			-			204,133			
																	
	TOTAL LIABILITIES				225,534			-			-			225,534			
	FUND BALANCES																
	Restricted for:																
	Debt Service				-			231,560			125,907			357,467			
	Assigned to:																
	Operating Reserves				85,767			-			-			85,767			
	Reserves - Ponds				831,794			-			-			831,794			
	Unassigned:				433,147			-			-			433,147			
													
	TOTAL FUND BALANCES	$	1,350,708	$	231,560	$	125,907	$	1,708,175			
													
	TOTAL LIABILITIES & FUND BALANCES	$	1,576,242	$	231,560	$	125,907	$	1,933,709			

Page 1

HERITAGE SPRINGS
Community Development District										General Fund		
														
	Statement of Revenues, Expenditures and Changes in Fund Balances						
	For the Period Ending December 31, 2018								
				ANNUAL					YTD ACTUAL						
	ACCOUNT DESCRIPTION			ADOPTED		YEAR TO DATE		AS A % OF			DEC-18		
				BUDGET			ACTUAL		ADOPTED BUD			ACTUAL		
	REVENUES														
	Interest - Investments	$	4,000	$	3,716	92.90%	$	1,838			
	Special Assmnts- Tax Collector			399,429			366,999	91.88%			225,887			
	Special Assmnts- Discounts			(15,977)			(14,620)	91.51%			(8,877)			
														
	TOTAL REVENUES			387,452			356,095	91.91%			218,848			
	EXPENDITURES														
	Administration														
	P/R-Board of Supervisors			9,000			1,600	17.78%			-			
	FICA Taxes			689			122	17.71%			-			
	ProfServ-Dissemination Agent			1,000			-	0.00%			-			
	ProfServ-Engineering			55,000			935	1.70%			-			
	ProfServ-Legal Services			5,000			464	9.28%			-			
	ProfServ-Mgmt Consulting Serv			35,874			8,969	25.00%			2,990			
	ProfServ-Property Appraiser			150			-	0.00%			-			
	ProfServ-Special Assessment			7,500			7,500	100.00%			7,500			
	ProfServ-Trustee Fees			8,674			4,337	50.00%			-			
	ProfServ-Web Site Maintenance			750			750	100.00%			-			
	Auditing Services			5,500			-	0.00%			-			
	Postage and Freight			400			36	9.00%			3			
	Insurance - General Liability			5,512			5,040	91.44%			-			
	Printing and Binding			1,000			98	9.80%			41			
	Legal Advertising			1,800			110	6.11%			-			
	Miscellaneous Services			600			141	23.50%			49			
	Misc-Assessmnt Collection Cost			7,989			7,048	88.22%			4,340			
	Office Supplies			175			55	31.43%			28			
	Annual District Filing Fee			175			175		100.00%			-			
	Total Administration			146,788			37,380	25.47%			14,951			
	Field														
	Contracts-Lakes			40,000			8,700	21.75%			2,900			
	Electricity - Streetlighting			60,000			14,642	24.40%			4,880			
	R&M-Aquascaping			5,000			-	0.00%			-			
	R&M-Ponds			75,000			-	0.00%			-			
	R&M-Stormwater System			15,000			-	0.00%			-			
	Misc-Contingency			10,000			141	1.41%			-			
	Reserve - Ponds			35,664			-		0.00%			-			
	Total Field			240,664			23,483		9.76%			7,780			
														
	TOTAL EXPENDITURES			387,452			60,863	15.71%			22,731			
	Net change in fund balance	$	-	$	295,232	0.00%	$	196,117			
	FUND BALANCE, BEGINNING (OCT 1, 2018)			1,055,476			1,055,476								
	FUND BALANCE, ENDING	$	1,055,476	$	1,350,708								

Page 2

HERITAGE SPRINGS
Community Development District						Series 2006 Debt Service Fund		
													
Statement of Revenues, Expenditures and Changes in Fund Balances					
For the Period Ending December 31, 2018							
			ANNUAL					YTD ACTUAL					
ACCOUNT DESCRIPTION			ADOPTED		YEAR TO DATE		AS A % OF			DEC-18		
			BUDGET			ACTUAL		ADOPTED BUD			ACTUAL		
REVENUES													
Interest - Investments	$	-	$	96	0.00%	$	27		
Special Assmnts- Tax Collector			141,027			129,577	91.88%			79,754		
Special Assmnts- Discounts			(5,641)			(5,162)	91.51%			(3,134)		
												
TOTAL REVENUES			135,386			124,511	91.97%			76,647		
EXPENDITURES													
Administration													
Misc-Assessmnt Collection Cost			2,821			2,488		88.20%			1,532		
Total Administration			2,821			2,488	88.20%			1,532		
Debt Service													
Debt Retirement Series A			85,000			-	0.00%			-		
Prepayments Series A			-			5,000	0.00%			-		
Interest Expense Series A			42,525			21,263		50.00%			-		
Total Debt Service			127,525			26,263		20.59%			-		
												
TOTAL EXPENDITURES			130,346			28,751	22.06%			1,532		
Excess (deficiency) of revenues													
Over (under) expenditures			5,040			95,760	0.00%			75,115		
OTHER FINANCING SOURCES (USES)													
Contribution to (Use of) Fund Balance			5,040			-	0.00%			-		
												
TOTAL FINANCING SOURCES (USES)			5,040			-	0.00%			-		
Net change in fund balance	$	5,040	$	95,760	0.00%	$	75,115		
FUND BALANCE, BEGINNING (OCT 1, 2018)			135,800			135,800							
FUND BALANCE, ENDING	$	140,840	$	231,560							

Page 3

HERITAGE SPRINGS
Community Development District				Series 2008 Debt Service Fund (Refunding)		
														
Statement of Revenues, Expenditures and Changes in Fund Balances					
For the Period Ending December 31, 2018							
			ANNUAL						YTD ACTUAL					
ACCOUNT DESCRIPTION			ADOPTED			YEAR TO DATE		AS A % OF			DEC-18		
			BUDGET				ACTUAL		ADOPTED BUD			ACTUAL		
REVENUES														
Interest - Investments	$	-	$	67	0.00%	$	22		
Special Assmnts- Tax Collector			94,045				86,409	91.88%			53,185		
Special Assmnts- Discounts			(3,762)				(3,442)	91.49%			(2,090)		
													
TOTAL REVENUES			90,283				83,034	91.97%			51,117		
EXPENDITURES														
Administration														
Misc-Assessmnt Collection Cost			1,881				1,659		88.20%			1,022		
Total Administration			1,881				1,659	88.20%			1,022		
Debt Service														
Principal Debt Retirement			75,000				-	0.00%			-		
Interest Expense			11,448				5,724		50.00%			-		
Total Debt Service			86,448				5,724		6.62%			-		
													
TOTAL EXPENDITURES			88,329				7,383	8.36%			1,022		
Excess (deficiency) of revenues														
Over (under) expenditures			1,954				75,651	0.00%			50,095		
OTHER FINANCING SOURCES (USES)														
Contribution to (Use of) Fund Balance			1,954				-	0.00%			-		
													
TOTAL FINANCING SOURCES (USES)			1,954				-	0.00%			-		
Net change in fund balance	$	1,954	$	75,651	0.00%	$	50,095		
FUND BALANCE, BEGINNING (OCT 1, 2018)			50,256				50,256							
FUND BALANCE, ENDING	$	52,210	$	125,907							

Page 4

Heritage Springs

Community Development District

Supporting Schedules

December 31, 2018

HERITAGE SPRINGS

Community Development District

Non-Ad Valorem Special Assessments - Pasco County Tax Collector

(Monthly Collection Distributions)

For the Fiscal Year Ending September 30, 2019

										ALLOCATION BY FUND		
				Discount /				Gross							
Date	Net Amount		(Penalties)	Collection		Amount		General	Series 2006	Series 2008	
Received		Received		Amount		Costs		Received		Fund	Debt Service	Debt Service	
Assessments Levied					$	634,501	$	399,429	$	141,027	$	94,045	
Allocation %								100%		63%		22%		15%	
11/09/18	$	13,973	$	765	$	285	$	15,023	$	9,457	$	3,339	$	2,227	
11/16/18		117,778		5,001		2,404		125,182		78,804		27,824		18,554	
11/23/18		78,984		3,358		1,612		83,954		52,850		18,660		12,443	
12/03/18		231,153		9,823		4,717		245,693		154,668		54,609		36,416	
12/13/18		89,748		3,744		1,832		95,324		60,008		21,187		14,129	
12/31/18		16,930		534		346		17,809		11,211		3,958		2,640	
TOTAL	$	548,565	$	23,225	$	11,195	$	582,985	$	366,999	$	129,577	$	86,409	

% COLLECTED							92%		92%		92%		92%	
													
TOTAL OUTSTANDING					$	51,516	$	32,430	$	11,450	$	7,636	

Page 5

HERITAGE SPRINGS

Community Development District

Cash and Investment Report

December 31, 2018

General Fund

Account Name	Bank Name	Investment Type	Maturity	Yield		Balance	
Checking Acct - Operating	SunTrust Bank	Public Funds NOW	n/a	1.51%	$	669,480	
CD #4194	BankUnited	18 mo Fixed Rate CD	06/03/20	2.70%		101,796	
Public Funds Money Market	Bank United	MMA - #0143	n/a	1.00%		804,966	
				GF Total	$	1,576,242	

Debt Service Funds

Account Name	Bank Name	Investment Type		Maturity	Yield		Balance		
Series 2006 Reserve Fund	US Bank	US Bank Open-End CP	5/1/2019	0.00%	$	64,878		
Series 2006 Revenue Fund	US Bank	US Bank Open-End CP	5/1/2019	0.00%		44,216		
					DS 202 subtotal		109,094		
Series 2008A	Redemption	US Bank	US Bank Open-End CP	5/1/2019	0.00%		1		
Series 2008A	Debt Svc Rsrv	US Bank	Government Obligation Fund		n/a	1.73%		8,888		
Series 2008A	Revenue Fund	US Bank	US Bank Open-End CP	5/1/2019	0.00%		35,351		
					DS 203 subtotal		44,240		
						DS Total	$	153,334		
				Total Cash & Investments				
					$	1,729,576		

Page 6

Heritage Springs CDD

Bank Reconciliation

Bank Account No.	1900	SunTrust Bank N.A. - GF	
Statement No.	12-18		
Statement Date	12/31/2018		

G/L Balance (LCY)	669,479.63	Statement Balance	669,479.63					
	G/L Balance	669,479.63	Outstanding Deposits	0.00					
Positive Adjustments	0.00	Subtotal						
			669,479.63					

	Subtotal	669,479.63	Outstanding Checks	0.00					
Negative Adjustments	0.00	Differences	0.00					
Ending G/L Balance		Ending Balance						
									
	669,479.63		669,479.63					
	Difference	0.00							
Posting	Document	Document	Description	Amount	Cleared	Difference		
Date	Type	No.			Amount			

Page 7

				HERITAGE SPRINGS					
				Community Development District					
											
				Payment Register by Bank Account					
				For the Period from 11/1/18 to 12/31/18					
					(Sorted by Check / ACH No.)					
												
Pymt	Check /	Date	Payee	Payee		Invoice No.	Payment Description	Invoice / GL Description	G/L Account #	Amount		
Type	ACH No.		Type							Paid		

SUNTRUST BANK N.A. - GF - (ACCT# XXXXX1900)								
Check	002143	11/12/18	Vendor	BLUE WATER AQUATICS, INC	24490	OCT AQUATIC SRVS	Contracts-Lakes	001-534084-53901	$2,900.00		
Check	002144	11/12/18	Vendor	ROBERT R. STRACK AND GEORGIA A. STRACK	110718	Reimb for #5 zone broken pipe	Quality Lawn Sprinklers	001-549900-53901	$124.00		
Check	002145	11/19/18	Employee	STEVEN WERTOVITCH		PAYROLL	November 19, 2018 Payroll Posting			$184.70		
Check	002146	11/19/18	Employee	JOSEPH V. DE POMPA		PAYROLL	November 19, 2018 Payroll Posting			$184.70		
Check	002147	11/19/18	Employee	GEORGE KACHAVOS		PAYROLL	November 19, 2018 Payroll Posting			$184.70		
Check	002148	11/19/18	Employee	LESLIE C. ELWONGER		PAYROLL	November 19, 2018 Payroll Posting			$154.70		
Check	002149	12/05/18	Vendor	FEDEX	6-374-05777	11/13/18 POSTAGE	Postage and Freight	001-541006-51301	$13.04		
Check	002150	12/05/18	Vendor	JMT	30-128458	9/30-10/27/18 GEN ENGINEERING	ProfServ-Engineering	001-531013-51501	$935.00		
Check	002151	12/05/18	Vendor	STRALEY ROBIN VERICKER	16391	10/17-11/13/18 GEN COUNSEL	ProfServ-Legal Services	001-531023-51401	$85.00		
Check	002152	12/10/18	Vendor	BLUE WATER AQUATICS, INC	24641	NOV AQUATIC SRVS	Contracts-Lakes	001-534084-53901	$2,900.00		
ACH	DD126	11/02/18	Vendor	DUKE ENERGY - ACH		101118-45492 ACH	9/12-10/11/18 ELEC>ACH 11.2.18	Electricity - Streetlighting	001-543013-53901	$4,870.51		
ACH	DD127	11/15/18	Vendor	DUKE ENERGY - ACH		101518-6318 ACH	9/24-10/24/18 PUMP ELEC ACH	Electricity - Streetlighting	001-543013-53901	$21.36		
ACH	DD128	12/18/18	Vendor	DUKE ENERGY - ACH		112418-6318 ACH	10/24-11/24/18 PUMP ELEC ACH	Misc-Contingency	001-549900-53901	$16.63		
ACH	DD129	12/03/18	Vendor	DUKE ENERGY - ACH		110118-5492 ACH	10/11-11/9/18 ELEC>ACH 12.3.18	Electricity - Streetlighting	001-543013-53901	$4,870.51		
									Account Total			
										$17,444.85		

									Total Amount Paid	$17,444.85		

Page 8