HERITAGE SPRINGS

COMMUNITY DEVELOPMENT DISTRICT

AGENDA PACKAGE

FEBRUARY 18, 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

February 11, 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, February 18, 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.	Consent Agenda
A.	Approval of the Minutes of the January 21, 2019 Meeting
B.	Approval of the Financial Statements
3.	Public Comment on Agenda Items

4.	Attorney’s Report
5.	Engineer’s Report
6.	Manager’s Report
7.	Maintenance Items
8.	Supervisors’ Requests
9.	Audience Comments
10.	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	Robert Dvorak	Cynthia Wilhelm	Steve Brletic

Second Order of Business

2A.

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, January 21, 2019 at 2:30 p.m. at

7	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		Robert Dvorak	District Engineer		
21		Residents				
22							
23		The following is a summary of the minutes and actions taken at the January 21,		
24	2019 Heritage Springs Board of Supervisors meeting.		
25	FIRST ORDER OF BUSINESS	Roll Call		
26				
27		Mr. Mendenhall called the meeting to order and noted all Board members are in		
28	attendance.					
29	SECOND ORDER OF BUSINESS	Organizational Matters		
30				
31		A.	Oath of Office of Newly Elected Supervisors		
32	•	Mr. Elwonger noted he sent his notarized oath to the State.		
33		B.	Consideration of Resolution 2019-1		
34					
35							
36						
			On MOTION by Mr. Elwonger seconded by Mr. Kachavos,			
						
37			with all in favor, Resolution 2019-1 with Steve Wertovitch			
38			-  Chairman,  Joe  DePompa  -  Vice  Chairman,  Andrew			
39			Mendenhall - Secretary, Stephen Bloom – Treasurer, Alan			
40			Baldwin  –  Assistant  Treasurer,  George  Kachavos  –			
41			Assistant Secretary, Les Elwonger – Assistant Secretary,			
42			was adopted.				

	January 21, 2019	Heritage Springs CDD		
43							
44	THIRD ORDER OF BUSINESS	Consent Agenda		
45		A.	Approval of the Minutes of the November 19, 2018 Meeting		
46		B.	Approval of the Financial Statements		
47							
48						
			Mr. Elwonger MOVED to approve the Consent Agenda			
49			and Mr. Kachavos seconded the motion.			
50							
51	•	For reference and clarification include:				
52		o	Line 61 / 62 – (near Inlet 21A)				
53		o	Line 69 – (Inlet 57)				
54		o	Line 94 – (homeowner for irrigation repair)		
55							
56			On  VOICE  vote,  with  all  in  favor,  the  motion  was			
57			approved, as amended.				
58	THIRD ORDER OF BUSINESS	Public Comment on Agenda Items		
59				
60		None.					
61							
62	FOURTH ORDER OF BUSINESS	Attorney’s Report		
63		None.					
64	FIFTH ORDER OF BUSINESS	Engineer’s Report		
65				
66	•	Mr. Dvorak reported:				
67		o	One of the things JMT noticed while looking at Heritage Springs CDD		
68			was the rates they have been using for the different labor classifications		
69			dated back to 2010. There has been no increase since this time.		
70	•	Mr. DePompa addressed the sump at the Strack property and the time it took to		
71		drain after the torrential rain in December.		

72	oDiscussion continued with it being noted it cleared overnight.

73	•    Discussion followed on raising a cart path with Mr. Elwonger noting the Roads

74	and  Common  Grounds  Committee  took  a  look  at  it  and  considered  several

75	options, all of which were very costly.	
76	o	Mr. Elwonger outlined the options considered and discussion followed.	

2

	January 21, 2019	Heritage Springs CDD	
77	o	Mr. DePompa noted he would like to see the south to north calculations	
78		for the relief opened up so they can re-evaluate it and look at the initial	
79		conditions for the analysis.		
80	o	Discussion  continued  with  Mr.  Dvorak  being  requested  to  bring  the	
81		analysis to the next meeting.		
82				
83				
84	SIXTH ORDER OF BUSINESS	Manager’s Report	
85	None.			
86				
87	SEVENTH ORDER OF BUSINESS	Maintenance Items	
88	•    Mr. DePompa distributed and reviewed the FY 2019 Maintenance plan.

89	•    The only two items on the list that can be done are the Almondwood Drive issues.

90	•    Mr.  Elwonger  addressed  taking  a  look  at  the  stormwater  pipes  on  Winding

91	Willow.		
92	o	Mr. DePompa noted it is not a maintenance issue.	
93				
94	EIGHTH ORDER OF BUSINESS	Supervisors’ Requests	
95	•    Mr. Wertovitch addressed an updated proposal from Blue Works.

96	•    Mr. Wertovitch reported for the Walstone Court plantings they delayed until

97		spring; he checked with the vendor and the bid will continue as is until they can	
98		plant.		
99	•	Mr. Wertovitch reported on March 14th  at 7:00 p.m. he will be doing a CDD	
100		presentation for the community.	
101		o	Discussion followed on continuing the February 18th  meeting to March	
102			14th to allow participation by the other Board members.	
103	•	Mr. Elwonger reported on December 20th  rain storm.  He downloaded all the	
104		photos he took following the storm and put together some notes on what he saw	
105		and what his concerns were.	
106		o	He addressed his concerns with the area downstream from the 13th  and	
107			14th weir. He will track the water levels versus the weirs.	

3

	January 21, 2019	Heritage Springs CDD		
108		o	Mr. DePompa addressed plantings in the ponds and inquired how on Pond		
109			151-D / Garden Lakes gate the plants were installed on the geo-web and		
110			rock.				
111		o	Mr. Dvorak noted they would have to penetrate the fabric to put the plants		
112			in.				
113		o	Mr. Wertovitch noted of the plantings are growing like wildfire and on		
114			161-C the residents are complaining the plants are taking over.		
115	•	Mr. Kachavos reported all is good except for Hole 7 has a broken / separated		
116		discharge pipe.  He suggested a head wall for this area.		
117		o	Mr. Dvorak noted they need to look at the pipe again.		
118		o	Discussion followed on where the pipe is located with it being noted it is		
119			HL-4B.				
120		o	Mr. Wertovitch noted there is a discharge pipe near Lot 19 by Ashbourne		
121			Circle that is separated, but is not an issue.		
122							
123	NINTH ORDER OF BUSINESS	Audience Comments		
124		None.					
125	TENTH ORDER OF BUSINESS	Adjournment		
126				
127							
128						
			On  MOTION  by  Mr.  Kachavos  seconded  by  Mr.			
129			DePompa, with all in favor, the meeting was adjourned.			
130							
131							
132							
133				____________________________		
134				Steve Wertovitch		
135				Chairman		

4

2B.

Heritage Springs

Community Development District

Financial Report

January 31, 2019

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)

January 31, 2019

HERITAGE SPRINGS
Community Development District	Governmental Funds		

Balance Sheet

January 31, 2019

					SERIES 2006			SERIES 2008					
		GENERAL			DEBT		DEBT SERVICE					
					SERVICE			FUND			TOTAL		
ACCOUNT DESCRIPTION			FUND			FUND			(REFUNDING)					
ASSETS														
Cash - Checking Account	$	656,758	$	-	$	-	$	656,758		
Due From Other Funds			-			124,378			82,942			207,320		
Investments:														
Certificates of Deposit - 18 Months			101,796			-			-			101,796		
Money Market Account			805,990			-			-			805,990		
Redemption Fund			-			-			1			1		
Reserve Fund			-			64,878			8,888			73,766		
Revenue Fund			-			44,244			35,375			79,619		
											
TOTAL ASSETS	$	1,564,544	$	233,500	$	127,206	$	1,925,250		
														
LIABILITIES														
Accounts Payable	$	5,042	$	-	$	-	$	5,042		
Accrued Expenses			5,800			-			-			5,800		
Due To Other Funds			207,320			-			-			207,320		
														
TOTAL LIABILITIES			218,162			-			-			218,162		
FUND BALANCES														
Restricted for:														
Debt Service			-			233,500			127,206			360,706		
Assigned to:														
Operating Reserves			85,767			-			-			85,767		
Reserves - Ponds			831,794			-			-			831,794		
Unassigned:			428,821			-			-			428,821		
											
TOTAL FUND BALANCES	$	1,346,382	$	233,500	$	127,206	$	1,707,088		
											
TOTAL LIABILITIES & FUND BALANCES	$	1,564,544	$	233,500	$	127,206	$	1,925,250		

Page 1

HERITAGE SPRINGS
Community Development District										General Fund		
														
	Statement of Revenues, Expenditures and Changes in Fund Balances						
	For the Period Ending January 31, 2019								
				ANNUAL					YTD ACTUAL						
	ACCOUNT DESCRIPTION			ADOPTED		YEAR TO DATE		AS A % OF			JAN-19		
				BUDGET			ACTUAL		ADOPTED BUD			ACTUAL		
	REVENUES														
	Interest - Investments	$	4,000	$	5,860	146.50%	$	2,145			
	Special Assmnts- Tax Collector			399,429			372,696	93.31%			5,697			
	Special Assmnts- Discounts			(15,977)			(14,791)	92.58%			(171)			
														
	TOTAL REVENUES			387,452			363,765	93.89%			7,671			
	EXPENDITURES														
	Administration														
	P/R-Board of Supervisors			9,000			2,400	26.67%			800			
	FICA Taxes			689			184	26.71%			61			
	ProfServ-Dissemination Agent			1,000			-	0.00%			-			
	ProfServ-Engineering			55,000			935	1.70%			-			
	ProfServ-Legal Services			5,000			631	12.62%			168			
	ProfServ-Mgmt Consulting Serv			35,874			11,958	33.33%			2,990			
	ProfServ-Property Appraiser			150			-	0.00%			-			
	ProfServ-Special Assessment			7,500			7,500	100.00%			-			
	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			37	9.25%			2			
	Insurance - General Liability			5,512			5,040	91.44%			-			
	Printing and Binding			1,000			98	9.80%			-			
	Legal Advertising			1,800			110	6.11%			-			
	Miscellaneous Services			600			187	31.17%			46			
	Misc-Assessmnt Collection Cost			7,989			7,158	89.60%			111			
	Office Supplies			175			55	31.43%			-			
	Annual District Filing Fee			175			175		100.00%			-			
	Total Administration			146,788			41,555	28.31%			4,178			
	Field														
	Contracts-Lakes			40,000			11,600	29.00%			2,900			
	Electricity - Streetlighting			60,000			19,495	32.49%			4,875			
	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			209	2.09%			47			
	Reserve - Ponds			35,664			-		0.00%			-			
	Total Field			240,664			31,304		13.01%			7,822			
														
	TOTAL EXPENDITURES			387,452			72,859	18.80%			12,000			
	Net change in fund balance	$	-	$	290,906	0.00%	$	(4,329)			
	FUND BALANCE, BEGINNING (OCT 1, 2018)			1,055,476			1,055,476								
	FUND BALANCE, ENDING	$	1,055,476	$	1,346,382								

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 January 31, 2019							
			ANNUAL					YTD ACTUAL					
			ADOPTED		YEAR TO DATE		AS A % OF			JAN-19		
ACCOUNT DESCRIPTION			BUDGET			ACTUAL		ADOPTED BUD			ACTUAL		
REVENUES													
Interest - Investments	$	-	$	124	0.00%	$	28		
Special Assmnts- Tax Collector			141,027			131,588	93.31%			2,012		
Special Assmnts- Discounts			(5,641)			(5,222)	92.57%			(60)		
												
TOTAL REVENUES			135,386			126,490	93.43%			1,980		
EXPENDITURES													
Administration													
Misc-Assessmnt Collection Cost			2,821			2,527		89.58%			39		
Total Administration			2,821			2,527	89.58%			39		
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			28,790	22.09%			39		
Excess (deficiency) of revenues													
Over (under) expenditures			5,040			97,700	0.00%			1,941		
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	$	97,700	0.00%	$	1,941		
FUND BALANCE, BEGINNING (OCT 1, 2018)			135,800			135,800							
FUND BALANCE, ENDING	$	140,840	$	233,500							

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 January 31, 2019							
			ANNUAL						YTD ACTUAL					
			ADOPTED			YEAR TO DATE		AS A % OF			JAN-19		
ACCOUNT DESCRIPTION			BUDGET				ACTUAL		ADOPTED BUD			ACTUAL		
REVENUES														
Interest - Investments	$	-	$	91	0.00%	$	23		
Special Assmnts- Tax Collector			94,045				87,751	93.31%			1,341		
Special Assmnts- Discounts			(3,762)				(3,483)	92.58%			(40)		
													
TOTAL REVENUES			90,283				84,359	93.44%			1,324		
EXPENDITURES														
Administration														
Misc-Assessmnt Collection Cost			1,881				1,685		89.58%			26		
Total Administration			1,881				1,685	89.58%			26		
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				7,409	8.39%			26		
Excess (deficiency) of revenues														
Over (under) expenditures			1,954				76,950	0.00%			1,298		
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	$	76,950	0.00%	$	1,298		
FUND BALANCE, BEGINNING (OCT 1, 2018)			50,256				50,256							
FUND BALANCE, ENDING	$	52,210	$	127,206							

Page 4

Heritage Springs

Community Development District

Supporting Schedules

January 31, 2019

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	
01/14/19		8,603		272		176		9,050		5,697		2,012		1,341	
TOTAL	$	557,168	$	23,496	$	11,371	$	592,035	$	372,696	$	131,588	$	87,751	

% COLLECTED							93%		93%		93%		93%	
													
TOTAL OUTSTANDING					$	42,466	$	26,733	$	9,439	$	6,294	

Page 5

HERITAGE SPRINGS

Community Development District

Cash and Investment Report

January 31, 2019

General Fund

Account Name	Bank Name	Investment Type	Maturity	Yield		Balance		
Checking Acct - Operating	SunTrust Bank	Public Funds NOW	n/a	1.51%	$	656,758	(1)	
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	1.30%		805,990		
				GF Total	$	1,564,544		

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%		44,244		
					DS 202 subtotal		109,122		
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%		35,375		
					DS 203 subtotal		44,264		
						DS Total	$	153,386		
				Total Cash & Investments				
					$	1,717,930		

(1) 2/1/19 - $207,320.35 transferred to US Bank debt service accounts and $275,000 transferred to Bank United money market account.

Page 6

Heritage Springs CDD

Bank Reconciliation

Bank Account No.	1900	SunTrust Bank N.A. - GF	
Statement No.	01-19		
Statement Date	1/31/2019		

G/L Balance (LCY)	656,758.27	Statement Balance	659,749.65					
	G/L Balance	656,758.27	Outstanding Deposits	0.00					
Positive Adjustments	0.00	Subtotal						
			659,749.65					

	Subtotal	656,758.27	Outstanding Checks	2,991.38					
Negative Adjustments	0.00	Differences	0.00					
Ending G/L Balance		Ending Balance						
									
	656,758.27		656,758.27					
	Difference	0.00							
Posting	Document	Document	Description	Amount	Cleared	Difference		
Date	Type	No.			Amount			
Outstanding Checks									
1/29/2019	Payment	002158	INFRAMARK, LLC	2,991.38	0.00	2,991.38		
Total Outstanding Checks......................................................................................................................		2,991.38		2,991.38		

Page 7

						HERITAGE SPRINGS					
					Community Development District					
												
					Payment Register by Bank Account					
					For the Period from 1/1/2019 to 1/31/2019					
						(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	002153	01/03/19	Vendor	INFRAMARK, LLC	35928	11/18 MGMT FEES	ProfServ-Mgmt Consulting Serv	001-531027-51201	$2,989.50		
Check	002153	01/03/19	Vendor	INFRAMARK, LLC	35928	11/18 MGMT FEES	Postage and Freight	001-541006-51301	$4.70		
Check	002153	01/03/19	Vendor	INFRAMARK, LLC	35928	11/18 MGMT FEES	Printing and Binding	001-547001-51301	$38.60		
Check	002153	01/03/19	Vendor	INFRAMARK, LLC	35928	11/18 MGMT FEES	Office Supplies	001-551002-51301	$27.50		
Check	002153	01/03/19	Vendor	INFRAMARK, LLC	36724	12/18 MGMNT SERVICES	ProfServ-Mgmt Consulting Serv	001-531027-51201	$2,989.50		
Check	002153	01/03/19	Vendor	INFRAMARK, LLC	36724	12/18 MGMNT SERVICES	Postage and Freight	001-541006-51301	$2.82		
Check	002153	01/03/19	Vendor	INFRAMARK, LLC	36724	12/18 MGMNT SERVICES	Printing and Binding	001-547001-51301	$41.35		
Check	002153	01/03/19	Vendor	INFRAMARK, LLC	36724	12/18 MGMNT SERVICES	Office Supplies	001-551002-51301	$27.50		
Check	002153	01/03/19	Vendor	INFRAMARK, LLC	36724	12/18 MGMNT SERVICES	ASSESSMENT ROLL SRV	001-531038-51301	$7,500.00		
Check	002154	01/22/19	Employee	STEVEN WERTOVITCH		PAYROLL	January 22, 2019 Payroll Posting			$184.70		
Check	002155	01/22/19	Employee	JOSEPH V. DE POMPA		PAYROLL	January 22, 2019 Payroll Posting			$184.70		
Check	002156	01/22/19	Employee	GEORGE KACHAVOS		PAYROLL	January 22, 2019 Payroll Posting			$184.70		
Check	002157	01/22/19	Employee	LESLIE C. ELWONGER		PAYROLL	January 22, 2019 Payroll Posting			$154.70		
Check	002158	01/29/19	Vendor	INFRAMARK, LLC	37585	JAN 2019 MGMNT SRVS	ProfServ-Mgmt Consulting Serv	001-531027-51201	$2,989.50		
Check	002158	01/29/19	Vendor	INFRAMARK, LLC	37585	JAN 2019 MGMNT SRVS	Postage and Freight	001-541006-51301	$1.88		
ACH	DD130	01/02/19	Vendor	DUKE ENERGY - ACH		121118-5492 ACH	11/09-12/11/18 ELEC>ACH 1.2.19	Electricity - Streetlighting	001-543013-53901	$4,879.82		
ACH	DD131	01/17/19	Vendor	DUKE ENERGY - ACH		122318-6318 ACH	11/24-12/23/18 PUMP ELEC ACH	Misc-Contingency	001-549900-53901	$46.88		
									Account Total			
										$22,248.35		

									Total Amount Paid	$22,248.35		

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