Heritage Springs Community Development District

March 16, 2026 Agenda Package

2005 PAN AM CIRCLE, SUITE 300
TAMPA, FL 33706

HERITAGE SPRINGS COMMUNITY DEVELOPMENT DISTRICT
Board of Supervisors	Staff:
Steven Wertovitch, Chairman	Wesley Elias, District Manager
Joe DePompa, Vice Chairman	Cari Webster, District Counsel
Robert Johnstone, Assistant Secretary	Robert Dvorak, District Engineer Gary Rider, Assistant Secretary			Howard Neal, Field Manager Richard Waugh, Assistant Secretary		Sandra MacGregor, Accountant Diana Kapatsyna, District Admin Assistant
REGULAR MEETING AGENDA
Monday, March 16, 2026 – 2:30 p.m.

Call to Order and Roll Call
Audience Comments – Three- (3) Minute Time Limit
Business Administration
Approval of the Regular Meeting Minutes held on February 16, 2026	Page 3
Staff Reports
District Accountant
Consideration of Opening a New Valley Bank Account for US Bank Trust Funds (Series 2006 Bonds)
Acceptance of February 2026 Financial Statements	Page 7
District Engineer
District Manager
Business Items
Consideration of D&D Grates Proposal	Page 19
Discussion of Pond Bank Reclamation Projects	Page 20
Maintenance Items
Board of Supervisors’ Requests or Comments
Adjournment

The next meeting is scheduled for Monday, April 13, 2026, at 2:30 p.m.

District Office:	Meeting Location
Inframark c/o Heritage Springs CDD	Heritage Springs Community Clubhouse 2005 Pan Am Circle, Suite 300		11345 Robert Trent Jones Parkway
Tampa, FL 33607	New Port Richey, FL 34655

	MINUTES OF MEETING	
	HERITAGE SPRINGS	
	COMMUNITY DEVELOPMENT DISTRICT	
1	The regular meeting of the Board of Supervisors of the Heritage Springs Community	
2	Development District was held on Monday, February 16, 2026, and called to order at 2:32 p.m. at	
3	the Heritage Springs Community Clubhouse, 11345 Robert Trent Jones Parkway, New Port	
4	Richey, Florida.	
5		
6	Present and constituting a quorum were:	
7		
8	Steven Wertovitch	Chairperson	
9	Joe DePompa	Vice Chairperson	
10	Gary Rider	Assistant Secretary	
11	Richard Waugh	Assistant Secretary	
12		
13	Also, present were either in person, video (TEAMs) or voice conference call:	
14		
15	Jennifer Goldyn	District Manager	
16	Brandon Bowling	Director of District	
17	Sandra MacGregor	District Accountant (via conference call)	
18	Brenda Burgess	Finance Supervisor (via conference call)	
19	Robert Dvorak	District Engineer	
20		
21		
22	This is not a certified or verbatim transcript but rather represents the context and	
23	summary of the meeting. The full meeting is available in audio format upon request. Contact	
24	the District Office for any related costs for an audio copy.	
25		
26		
27	FIRST ORDER OF BUSINESS	Call to Order and Roll Call	
28	Ms. Goldyn called the meeting to order, and a quorum was established.	
29		
30	SECOND ORDER OF BUSINESS	Audience Comments	
31	Jeremy with CLS Environmental Services presented materials Under Separate Cover	
32	(USC), including Qualifications, Warranty Information, Scope, Pond Maintenance, for	
33	Board’s consideration.	
34		
35	THIRD ORDER OF BUSINESS	Business Administration	
36	A. Approval of Regular Meeting Minutes held on January 19, 2026	
37	The Board requested that Joe Davis' title be changed from “GM” to “Facilities Manager”	
38	throughout the Minutes.	
39		

Heritage Springs CDD February 16, 2026, Meeting

On MOTION by Mr. Waugh, seconded by Mr. DePompa with all in favor, the Meeting Minutes for January 19, 2026, was approved. 4-0

40
41
42
43
FOURTH ORDER OF BUSINESS	Staff Reports
A. District Accountant
i. Consideration of Opening a New Bank Account at Valley Bank
The Board discussed changing banking institutions from Bank United to Valley Bank

On MOTION by Mr. Wertovitch, seconded by Mr. DePompa with all in favor, authorization was granted to allow the Chairman to execute the transfer of District funds from Bank United to Valley Bank, pending confirmation that no financial or loss of accrued interest would be incurred.

in order to obtain a better interest rate and discussed the timing of the transition. 49
50
51
52
53
54
55
ii. Acceptance of January 2026 Financial Statements
The Board noted the improvements in Invoice Coding under Mr. Elias' tenure.
Discussion ensued regarding the Early Bond Payoff initiated by the Trustee.
Ms. MacGregor and Ms. Burgess provided an explanation of the Pre-Payment
Account and the forthcoming reimbursement to residents. 61
The Board discussed W-2 versus 1099 classification for Supervisor compensation,
with all four Supervisors in attendance agreeing to remain classified as W-2. Ms.
Goldyn was directed to contact Mr. Johnstone regarding his preference. 65
Discussion also occurred regarding the appropriate address for contractor invoice
submissions. Ms. Goldyn advised that she would provide the Board with the correct
mailing information via email. 69
B. District Engineer
Mr. Dvorak provided that the proposal for the 3 Ponds was sent to 5 contractors, with 2
responses received Under Separate Cover (USC #2).	Discussion ensued regarding
logistics, site access, equipment staging, vendor capabilities, and whether to use one
vendor for all ponds or split the work between vendors (191E and 161A to one vendor
and 161F to another vendor). 76

Heritage Springs CDD February 16, 2026, Meeting

On MOTION by Mr. DePompa, seconded by Mr. Rider with all in favor, awarding 191E and 161A to CLS in the amount of $182,891.46, was approved. 4-0

77
78
79

On MOTION by Mr. DePompa, seconded by Mr. Waugh with all in favor, awarding 161F to Finn Outdoor in the amount of $141,120, PLUS Survey Work, Not-To-Exceed
$151,000, was approved. 4-0

80
81
82
83
84
85
C. District Manager
Mr. Rider inquired about the status of Grate Replacement Proposals from vendors based
on the provided specification sheet and using Hot-Dipped Galvanized Grates. 89
Ms. Goldyn presented one quote Under Separate Cover (USC #3).
After discussion, the Board tabled the item until further quotes are obtained.

FIFTH ORDER OF BUSINESS	Business Items
There being none, the next order of business followed. 94
95	SIXTH ORDER OF BUSINESS	Maintenance Items
96	There being none, the next order of business followed.

97	SEVENTH ORDER OF BUSINESS	Board	of	Supervisors’	Requests	or
98	Comments
99		Mr. Wertovitch presented Under Separate Cover (USC #4).

On MOTION by Mr. DePompa, seconded by Mr. Rider with all in favor, the proposal from Finn Outdoor to repair Inlet Boxes and Pipe Connections in the amount of $2,600, was approved. 4-0

100
101
102
103
104
105
106		Mr. DePompa noted the invoice is to be coded to Infrastructure Repair (Code B). 107
108		Additionally, Mr. Wertovitch asked about the start date for Joe Bates Concrete to repair
109	Yellow Fish Hole #13 in the amount of $850. 110
111		Mr. Wertovitch also discussed a street depression located at Winding Willow and Sweet
112	Jasmine, as Pasco County has indicated it is not a sewer issue. 113
114		Mr. Wertovitch presented the Waterway Inspection Report.
115

Heritage Springs CDD February 16, 2026, Meeting

116	EIGHTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Waugh, seconded by Mr. Rider, with all in favor, the meeting was adjourned at 4:32 p.m. 4-0

117	There being no further business, 118
119
120
121
122
123
124	Steven Wertovitch
125	Chairperson

Heritage Springs Community Development District

Financial Report

February 28, 2026

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 - 3	
Debt Service Fund	………………………………………………….	Page 4	

SUPPORTING SCHEDULES

Non-Ad Valorem Special Assessments	………………………………………………….	Page 5	
Cash and Investment Balance Report	………………………………………………….	Page 6	
Bank Reconciliation	………………………………………………….	Page 7	
Payment Register by Fund	………………………………………………….	Page 8	

Heritage Springs
Community Development District

Financial Statements
(Unaudited)

February 28, 2026

HERITAGE SPRINGS
Community Development District

Governmental Funds

Balance Sheet
February 28, 2026	

ACCOUNT DESCRIPTION		

GENERAL FUND		
SERIES 2006 DEBT SERVICE FUND			

TOTAL	

ASSETS	
Cash - Checking Account			$	176,962		$	-		$	176,962	
Due From Other Funds			-		2,686			2,686	
Investments:									
Money Market Account				1,067,442			-			1,067,442	
Interest Account A				-			11			11	
Prepayment Account A				-			322			322	
Reserve Fund				-			56,444			56,444	
Revenue Fund				-			153,524			153,524	
TOTAL	ASSETS				$	1,244,404		$	212,987		$	1,457,391	

LIABILITIES	
Accounts Payable			$	-		$	-		$	-	
Accrued Expenses				4,000			-			4,000	
Due To Other Funds				2,686			-			2,686	
TOTAL	LIABILITIES					6,686			-			6,686	

FUND BALANCES	
Restricted for:	
Debt Service				-			212,987			212,987	
Assigned to:											
Operating Reserves				136,346			-			136,346	
Reserves - Ponds				805,206			-			805,206	
Unassigned:				296,166			-			296,166	
TOTAL	FUND	BALANCES			$	1,237,718		$	212,987		$	1,450,705	
													
TOTAL	LIABILITIES	& FUND	BALANCES		$	1,244,404		$	212,987		$	1,457,391	

HERITAGE SPRINGS
Community Development District

General Fund

	Statement of	Revenues, Expenditures and Changes in Fund
For the Period Ending February 28, 2026	Balances		

ACCOUNT DESCRIPTION	ANNUAL
ADOPTED	YEAR TO DATE	YEAR TO DATE BUDGET		BUDGET		ACTUAL	
VARIANCE ($) FAV(UNFAV)	YTD ACTUAL AS A % OF
ADOPTED BUD	

REVENUES	
Interest - Investments Interest - Tax Collector	$	40,000	$	16,667	$	16,810
-	-	480	$	143
480	42.03%
0.00%	
Special Assmnts- Tax Collector Special Assmnts- Discounts	526,441	526,441	499,453
(21,058)	(21,058)	(19,678)	(26,988)
1,380	94.87%
93.45%	
TOTAL	REVENUES	545,383	522,050	497,065	(24,985)	91.14%	

EXPENDITURES	
Administration	
	P/R-Board of Supervisors
FICA Taxes	11,000
842	4,583
351	3,600
230	983
121	32.73%
27.32%	
	ProfServ-Dissemination Agent ProfServ-Engineering ProfServ-Legal Services ProfServ-Mgmt Consulting ProfServ-Property Appraiser ProfServ-Special Assessment ProfServ-Trustee Fees
ProfServ-Web Site Maintenance	1,000
55,000
5,000
39,202
150
7,500
4,971
750	- 22,917
2,083
16,334
- 7,500
4,971
750	- 28,065
1,077
16,334
- 7,500
-
-	- (5,148)
1,006
-
-
- 4,971
750	0.00%
51.03%
21.54%
41.67%
0.00%
100.00%
0.00%
0.00%	
	Auditing Services Postage and Freight
nsurance - General Liability Printing and Binding
Legal Advertising Miscellaneous Services
Misc-Assessment Collection Cost Office Supplies
Annual District Filing Fee	5,800
400
7,000
600
1,600
1,900
10,528
100
175	2,900
167
7,000
250
400
792
10,528
42
175	5,700
128
7,666
360
- 164
9,596
- 175	(2,800)
39
(666)
(110)
400
628
932
42
-	98.28%
32.00%
109.51%
60.00%
0.00%
8.63%
91.15%
0.00%
100.00%	
Total Administration	153,518	81,743	80,595	1,148	52.50%	

Field							
	Contracts-Lakes Electricity - Streetlights R&M-Aquascaping
Weir and Wetland Maintenance Misc-Contingency
nfrastructure Repair
Pond Bank Repairs & Maintenance	45,000
46,600
5,000
36,455
5,600
60,000
193,210	18,750
19,417
5,000
15,190
2,333
25,000
80,504	18,702
20,338
-
-
- 4,250
-	48
(921)
5,000
15,190
2,333
20,750
80,504	41.56%
43.64%
0.00%
0.00%
0.00%
7.08%
0.00%	
Total Field	391,865	166,194	43,290	122,904	11.05%	
						
TOTAL	EXPENDITURES	545,383	247,937	123,885	124,052	22.72%	

I

I

HERITAGE SPRINGS
Community Development District

General Fund

Statement of	Revenues, Expenditures and Changes in Fund	Balances		
For the Period Ending February 28, 2026	
			ANNUAL						YTD ACTUAL	
			ADOPTED	YEAR TO DATE	YEAR TO DATE	VARIANCE ($)	AS A % OF	
ACCOUNT DESCRIPTION

Excess (deficiency) of revenues			BUDGET		BUDGET		ACTUAL	FAV(UNFAV)	ADOPTED BUD	
Over (under) expenditures				-		274,113		373,180	99,067	0.00%	

Net change in fund balance			
$	
-	
$	
274,113	
$	
373,180	
$	99,067	
0.00%	

FUND BALANCE, BEGINNING (OCT	
1,	
2025)	
864,538		
864,538		
864,538			
FUND BALANCE, ENDING			$	864,538	$	1,138,651	$	1,237,718			

HERITAGE SPRINGS
Community Development District

Series 2006 Debt Service Fund

Statement of	Revenues, Expenditures and Changes in Fund
For the Period Ending February 28, 2026	Balances		

ACCOUNT DESCRIPTION			ANNUAL ADOPTED
BUDGET	
YEAR TO DATE BUDGET	
YEAR TO DATE ACTUAL	
VARIANCE ($) FAV(UNFAV)	YTD ACTUAL AS A % OF
ADOPTED BUD	

REVENUES	
Interest - Investments				$	-	$	-	$	2,020	$	2,020	0.00%	
Special Assmnts- Tax Collector				141,027	141,027	133,796	(7,231)	94.87%	
Special Assmnts- Discounts				(5,641)	(5,641)	(5,271)	370	93.44%	
TOTAL	REVENUES					135,386		135,386		130,545	(4,841)	96.42%	

EXPENDITURES	
Administration	
	Misc-Assessment Collection	Cost			2,821		2,821		2,570	251	91.10%	
Total Administration					2,821		2,821		2,570	251	91.10%	

Debt Service	
	Debt Retirement Series A					105,000		105,000		110,000	(5,000)	104.76%	
	Interest Expense Series A					5,513		2,888		2,888	-	52.39%	
Total Debt Service					110,513		107,888		112,888	(5,000)	102.15%	
												
TOTAL	EXPENDITURES					113,334		110,709		115,458	(4,749)	101.87%	

Excess (deficiency) of revenues Over (under) expenditures					

22,052		

24,677		

15,087	

(9,590)	

68.42%	

Net change in fund balance				
$	
22,052	
$	
24,677	
$	
15,087	
$	(9,590)	
68.42%	

FUND BALANCE, BEGINNING (OCT	
1,	
2025)	
197,900		
197,900		
197,900			
FUND BALANCE, ENDING			$	219,952	$	222,577	$	212,987			

Heritage Springs
Community Development District

Supporting Schedules

February 28, 2026

Page 14

HERITAGE SPRINGS

Community Development District

Non-Ad Valorem Special Assessments - Pasco County Tax Collector (Monthly Collection Distributions)
For the Fiscal Year Ending September 30, 2026

	ALLOCATION BY FUND	
Date Received	Net Amount Received	Discount /
(Penalties) Amount	Collection Costs	Gross
Amount Received	
General	
Series 2006	
					Fund	Debt Service	

Assessments Levied			
$	667,471	
$	526,444	
$	141,027	
Allocation %			100%	79%	21%	
11/06/25	$	17,024	$	964	$	347	$	18,335	$	14,461	$	3,874	
11/14/25	$	108,170	$	4,599	$	2,208	$	114,976	$	90,684	$	24,293	
11/20/25	$	95,952	$	4,080	$	1,958	$	101,990	$	80,441	$	21,549	
11/26/25	$	47,989	$	2,036	$	979	$	51,004	$	40,228	$	10,776	
12/05/25	$	229,545	$	9,760	$	4,685	$	243,989	$	192,438	$	51,551	
12/11/25	$	44,246	$	1,854	$	903	$	47,003	$	37,072	$	9,931	
12/18/25	$	19,618	$	715	$	400	$	20,733	$	16,352	$	4,380	
01/09/26	$	20,878	$	655	$	426	$	21,959	$	17,320	$	4,640	
02/11/26	$	12,713	$	287	$	259	$	13,260	$	10,458	$	2,802	
TOTAL	$	596,134	$	24,949	$	12,166	$	633,249	$	499,453	$	133,796	

% COLLECTED	95%	95%	95%	
TOTAL OUTSTANDING	$	34,222	$	26,991	$	7,231	

HERITAGE SPRINGS

Community Development District

Cash and Investment Report
February 28, 2026

General Fund

Account Name	Bank Name	Investment Type	Maturity	Yield		Balance	
Checking Acct - Operating	Valley Bank	Gov't Interest Checking	n/a	3.56%	$	176,962	
Public Funds Money Market	Bank United	MMA - #0143	n/a	3.40%		1,067,442	
				GF Total	$	1,244,404	

Debt Service Fund					

$		
Account Name
Series 2006 Interest A Fund	Bank Name
US Bank	Investment Type
Government Obligation Fund	Maturity
n/a	Yield
3.30%		Balance
11	
Series 2006 Prepayment A	US Bank	Government Obligation Fund	n/a	3.30%		322	
Series 2006 Reserve Fund	US Bank	US Bank Open-End CP	5/1/2026	3.30%		56,444	
Series 2006 Revenue Fund	US Bank	US Bank Open-End CP	5/1/2026	3.30%		153,524	
				DS Total		210,301	
							
		Total Cash & Investments	$	1,454,705	

Bank Account Statement
Heritage Springs CDD

Bank Account No.	0655		
Statement No.	02-26	Statement Date	02/28/2026	
G/L Account No. 101002 Balance	176,961.90	Statement Balance	177,083.58	
		Outstanding Deposits	0.00	
Positive Adjustments	0.00	Subtotal	177,083.58		
Subtotal	176,961.90	Outstanding Checks	-121.68		
Negative Adjustments	0.00	Ending Balance	176,961.90		
Ending G/L Balance	176,961.90				

Document Posting Date Type

Outstanding Checks

Document No.

Vendor

Description	Amount

Cleared
Amount	Difference

01/28/2026	Payment	704	INFRAMARK LLC	Payment of Invoice 003408	-2.96	
02/27/2026	Payment	100112	INFRAMARK LLC	Inv: 171458	-101.10	
02/27/2026	Payment	100113	FEDEX	Inv: 9-181-00059	-17.62	
Total Outstanding Checks	-121.68

Outstanding Deposits

Total Outstanding Deposits

HERITAGE SPRINGS COMMUNITY DEVELOPMENT DISTRICT
Payment Register by Fund
For the Period from 02/01/2026 to 02/28/2026 (Sorted by Check / ACH No.)

Fund
No.	Date	Payee	Invoice No.	Payment Description	Invoice / GL Description	G/L Account #	Amount
Paid	
GENERAL FUND - 001

CHECK # 100109
001	02/13/26 INFRAMARK LLC	170579	FEB 26 MGMT SERVICES	ProfServ-Mgmt Consulting	531027-51301	$3,266.83	
CHECK # 100110				Check Total	$3,266.83	
001	02/13/26 BRLETIC DVORAK, INC	2283	JAN 26 ENGINEERING SERVICES	ProfServ-Engineering	531013-51301	$11,460.00	
CHECK # 100111				Check Total	$11,460.00	
001	02/13/26 CLEARVUE ENVIRONMENTAL LLC	1124	FEB 26 POND MAINT	Contracts-Lakes	534084-53901	$3,702.00	
CHECK # 100112				Check Total	$3,702.00	
001	02/27/26 INFRAMARK LLC	171458	Postage and Agenda Packages 2026	Postage and Freight	541006-51301	$11.10	
001	02/27/26 INFRAMARK LLC	171458	Postage and Agenda Packages 2026	Printing and Binding	547001-51301	$90.00	
CHECK # 100113				Check Total	$101.10	
001	02/27/26 FEDEX	9-181-00059	Postage for agendas feb 2026	Postage and Freight	541006-51301	$17.62	
CHECK # 300024				Check Total	$17.62	
001	02/02/26 DUKE ENERGY - ACH	012025-7138-ACH	SRV PRD 12/12/25 - 01/14/26	Electricity - Streetlights	543013-53901	$4,072.32	
CHECK # 300026				Check Total	$4,072.32	
001	02/20/26 DUKE ENERGY - ACH	013026-2604-ACH	SRV PRD 12/30/25-01/28/26	Electricity - Streetlights	543013-53901	$33.24	
				Check Total	$33.24	
				Fund Total	$22,653.11	

Total Checks Paid	$22,653.11	

Page 18
8

D&D Grading, Inc	
15816 Winner Ln	
Hudson, FL 34667	
+17275341391	
dndgradinginc@gmail.com	
Estimate	
ADDRESS	ESTIMATE # 20-1492	
Heritage Springs	DATE 03/02/2026	

DESCRIPTION	AMOUNT	
6 - cast iron grates 27.5 x	2,700.00	
35.5 ($450 each)		
1 - cast iron grate 53 x 36	850.00	

TOTAL	$3,550.00

Accepted By	Accepted Date

Page 19

CDD POND BANK RECLAMATION PROJECTS – SPRING 2026

THE CDD IS STARTING THE SPRING 2026 POND BANK RECLAMATION PROJECTS. THIS YEAR 3 PONDS WILL HAVE PORTIONS OF THE POND BANK RESTORED TO THEIR ORIGINAL DESIGN PARAMETERS AND ARMORED TO HELP PREVENT FURTHER EROSION IN THE FUTURE. THE VILLAGES AFFECTED ARE LAKESTONE, EGRET LANDING AND GENTLE BREEZE. DETAILS OF THE WORK HAVE BEEN DISTRIBUTED TO THE VILLAGE HOA BOARDS FOR DISTRIBUTION TO THE RESIDENTS SHORTLY IF NOT ALREADY DONE.
THIS WORK WILL HAVE HEAVY MACHINERY, TRUCKS WITH SUPPLIES AND CONTRACTOR PERSONNEL OUT AND ABOUT IN HERITAGE SPRINGS. MACHINERY AND SUPPLIES WILL BE VISIBLE IN THE VILLAGES UNTIL THE WORK IS COMPLETED. ANTICIPATED TIME FROM ACTUAL START TO FINISH IS APPROXIMATELY 6 WEEKS, WEATHER AND GROUND CONDITIONS DEPENDENT.
THE CDD APPRECIATES AND THANKS YOU FOR YOUR PATIENCE AND COOPERATION DURING THIS CONSTRUCTION PERIOD WHICH KEEPS THE HERITAGE SPRINGS STORM WATER DRAINAGE SYSTEM HEALTHY, EFFECTIVE AND ATTRACTIVE.
THANKS
STEVE WERTOVITCH
CHAIRMAN HERITAGE SPRINGS CDD