OTC
Community Development District 475 West Town Place, Suite 114 St. Augustine, Florida 32092 www.OTCCDD.com
August 6, 2025 Board of Supervisors
OTC Community Development District
Call In # 1-877-304-9269 Code 7545760

Dear Board Members:

The OTC Community Development District meeting is scheduled to be held Wednesday, August 13, 2025 at 10:30 a.m. at the offices of Kilinski | Van Wyk, 2529 Herschel Street, Jacksonville, Florida 32204.
Following is the revised agenda for the meeting:

Audit Committee Meeting

	I.	Call to Order

	I.	Review and Ranking of Proposals for Audit Services

	I.	Other Business

	I.	Adjournment

Board of Supervisors Meeting

	I.	Roll Call

	I.	Audience Comments

	I.	Organizational Matters
	A.	Consideration of Appointing a New Supervisor to Fill the Vacancy (11/2027)
	B.	Oath of Office for Newly Appointed Supervisor

	A.	Consideration of Resolution 2025-03, Designating Officers

	I.	Approval of the Minutes of the May 14, 2025 Audit Committee and Board of Supervisors Meetings
	II.	Consideration of Resolution 2025-04, Ratifying Changing the Date of the Public Hearing to Adopt the Fiscal Year 2026 Budget to August 13, 2025

	I.	Public Hearing for the Purpose of Adopting the Fiscal Year 2026 Budget
	A.	Consideration of Resolution 2025-05, Relating to Annual Appropriations and Adopting the Budget for Fiscal Year 2026

	A.	Consideration of Resolution 2025-06, Imposing Special Assessments and Certifying an Assessment Roll for Fiscal Year 2026
	II.	Consideration of Resolution 2025-07, Designating a Date, Time and Location for a Landowner’s Election

	I.	Acceptance of the Audit Committee’s Recommendation

	I.	Staff Reports
	A.	District Counsel

	A.	District Engineer – Consideration of Proposal to Prepare an Annual Engineer’s Report

	A.	District Manager
	1.	Consideration of Designating a Regular Meeting Schedule for Fiscal Year 2026

	1.	Consideration of Goals and Objectives for Fiscal Year 2026

	I.	Supervisor Requests and Audience Comments

	I.	Financial Reports
	A.	Balance Sheet and Income Statement

	A.	Assessment Receipts Schedule

	A.	Check Register

	I.	Next Scheduled Meeting – TBD at the offices of Kilinski | Van Wyk, 2529 Herschel Street, Jacksonville, Florida

	I.	Adjournment

SECOND ORDER OF BUSINESS

OTC Community Development District	
Auditor Selection Evaluation Criteria	

	Ability of Personnel	Proposer's Experience	Understanding of
Scope of Work	Ability to Furnish the
Required Services	Price		
	(e.g., geographic locations of the firm's headquarters or permanent office in relation to the project; capabilities and experience of key personnel; present ability to manage this project; evaluation of existing workload; proposed staffing levels, etc.)	(e.g., past record and experience of the Proposer in similar projects; volume of work previously performed by the firm; past performance for other Community Development Districts in other contracts; character; integrity; reputation of respondent, etc.)	

Extent to which the proposal demonstrates an understanding of the District's needs for the services requested.	
Extent to which the proposal demonstrates the adequacy of proposer's financial resources and stability as a business entity necessary to complete the services required (e.g., the existence of any natural disaster plan for business operations).	

Points will be awarded based upon the price bid for the rendering of the services and reasonableness of the price to services.	

Point Total	
Proposer	20	20	20	20	20	100	

Berger Toombs							

Grau & Associates							

OTC
COMMUNITY DEVELOPMENT DISTRICT PROPOSAL FOR AUDIT SERVICES

PROPOSED BY:

Berger, Toombs, Elam, Gaines & Frank CERTIFIED PUBLIC ACCOUNTANTS, PL

600 Citrus Avenue, Suite 200	(772) 461-6120 Fort Pierce, Florida 34950

CONTACT PERSON:
Maritza Stonebraker, CPA, Director

DATE OF PROPOSAL:

July 8, 2025
TABLE OF CONTENTS

DESCRIPTION OF SECTION	PAGE
	A.	Letter of Transmittal	1-2
	B.	Profile of the Proposer
Description and History of Audit Firm	3
Professional Staff Resources	4-5
Ability to Furnish the Required Services	5
Arbitrage Rebate Services	6
	A.	Governmental Auditing Experience	7-16
	B.	Fee Schedule	17
	C.	Scope of Work to be Performed	17
	D.	Resumes	18-33
	E.	Peer Review Letter	34
Instructions to Proposers	35-36
Evaluation Criteria	37

July 7, 2025

OTC Community Development District Governmental Management Services 475 West Town Place, Suite 114
St. Augustine, FL 32092 Dear District Manager:
Thank you very much for the opportunity to present our professional credentials to provide audit services for OTC Community Development District.
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has assembled a team of governmental and nonprofit specialists second to none to serve our clients. Our firm has the necessary qualifications and experience to serve as the independent auditors for OTC Community Development District. We will provide you with top quality, responsive service.
Experience

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is a recognized leader in providing services to governmental and nonprofit agencies throughout Florida. We have been the independent auditors for a number of local governmental agencies and through our experience in performing their audits, we have been able to increase our audit efficiency and; therefore, reduce costs. We have continually passed this cost savings on to our clients and will continue to do so in the future. As a result of our experience and expertise, we have developed an effective and efficient audit approach designed to meet or exceed the performance specifications in accordance with auditing standards generally accepted in the United States of America, the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and the standards for financial and compliance audits. We will conduct the audit in accordance with auditing standards generally accepted in the United States of America; “Government Auditing Standards” issued by the Comptroller General of the United States; the provisions of the Single Audit Act, Subpart F of Title 2 US Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, with minimal disruption to your operations. Our firm has frequent technical updates to keep our personnel informed and up-to-date on all changes that are occurring within the industry.

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OTC Community Development District July 8, 2025
Our firm is a member of the Government Audit Quality Center, an organization dedicated to improving government audit quality. We also utilize the audit program software of a nationally recognized CPA firm to assure us that we are up to date with all auditing standards and to assist us maintain maximum audit efficiencies.

To facilitate your evaluation of our qualifications and experience, we have arranged this proposal to include a resume of our firm, including our available staff, our extensive prior governmental and nonprofit auditing experience and clients to be contacted.
You need a firm that will provide an efficient, cost-effective, high-quality audit within critical time constraints. You need a firm with the prerequisite governmental and nonprofit experience to perform your audit according to stringent legal and regulatory requirements, a firm that understands the complex nature of community development districts and their unique compliance requirements. You need a firm with recognized governmental and nonprofit specialists within the finance and governmental communities. And, certainly, you need a firm that will provide you with valuable feedback to enhance your current and future operations. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is that firm. Maritza Stonebraker is the person authorized to make representations for the firm.
Thank you again for the opportunity to submit this proposal to OTC Community Development District.

Very truly yours,

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida

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PROFILE OF THE PROPOSER
Description and History of Audit Firm
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is a Treasure Coast public accounting firm, which qualifies as a small business firm, as established by the Small Business Administration (13 CFR 121.38), with offices in Fort Pierce and Stuart. We are a member of the Florida Institute of Certified Public Accountants and the American Institute of Certified Public Accountants. The firm was formed from the merger of Edwards, Berger, Harris & Company (originated in 1972) and McAlpin, Curtis & Associates (originated in 1949). J. W. Gaines and Associates (originated in 1979) merged with the firm in 2004. Our tremendous growth rate experienced over the last 69 years is directly attributable to the firm’s unrelenting dedication to providing the highest quality, responsive professional services attainable to its clients.
We are a member of the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA) to assure we meet the highest standards. Membership in this practice section requires that our firm meet more stringent standards than standard AICPA membership. These rigorous requirements include the requirement of a triennial peer review of our firm’s auditing and accounting practice and annual Continuing Professional Education (CPE) for all accounting staff (whether CPA or non-CPA). For standard AICPA membership, only a quality review is required and only CPAs must meet CPE requirements.
We are also a member of the Government Audit Quality Center (“the Center”) of the American Institute of Certified Public Accountants to assure the quality of our government audits. Membership in the Center, which is voluntary, requires our firm to comply with additional standards to promote the quality of government audits.
We have been extensively involved in serving local government entities with professional accounting, auditing and consulting services throughout the entire 69 year history of our firm. Our substantial experience over the years makes us uniquely qualified to provide accounting, auditing, and consulting services to these clients. We are a recognized leader in providing services to governmental and nonprofit agencies on the Treasure Coast and in Central and South Florida, with extensive experience in auditing community development districts and water control districts. We were the independent auditors of the City of Fort Pierce for over 37 years and currently, we are the independent auditors for St. Lucie County since 2002, and for 34 of the 38 years that the county has been audited by CPA firms. Additionally, we have performed audits of the City of Stuart, the City of Vero Beach, Indian River County and Martin County. We also presently audit over 75 Community Development Districts throughout Florida.
Our firm was founded on the belief that we are better able to respond to our clients needs through education, experience, independence, quality control, and personal service. Our firm’s commitment to quality is reflected in our endeavor of professional excellence via continuing education, the use of the latest computer technology, professional membership in PCPS and peer review.
We believe our approach to audit engagements, intelligence and innovation teamed with sound professional judgment enables us to explore new concepts while remaining sensitive to the fundamental need for practical solutions. We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience and financial acumen.
Professional Staff Resources

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has a total of
32 professional and administrative staff (including 12 professional staff with extensive experience servicing government entities). The work will be performed out of our Fort Pierce office with a proposed staff of one senior accountant and one or two staff accountants supervised by an audit manager and audit partner. With the exception of the directors of the firm’s offices, the professional staff is not specifically assigned to any of our individual offices. The professional and administrative staff resources available to you through Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL are as follows:
Total
Partners/Directors (CPA’s)	7	
Managers (1 CPA)	1	
Senior/Supervisor Accountants (1 CPA)	4	
Staff Accountants	8	
Paraprofessional	6	
Administrative	 6	
Total – all personnel	32	

Following is a brief description of each employee classification:

Staff Accountant – Staff accountants work directly under the constant supervision of the auditor-in-charge and, are responsible for the various testing of documents, account analysis and any other duties as his/her supervisor believes appropriate. Minimum qualification for a staff accountant is graduation from an accredited university or college with a degree in accounting or equivalent.
Senior Accountant – A senior accountant must possess all the qualifications of the staff accountant, in addition to being able to draft the necessary reports and financial statements, and supervise other staff accountants when necessary.

Managers – A manager must possess the qualifications of the senior accountant, plus be able to work without extensive supervision from the auditor-in-charge. The manager should be able to draft audit reports from start to finish and to supervise the audit team, if necessary.
Principal – A principal is a partner/director in training. He has been a manager for several years and possesses the technical skills to act as the auditor–in-charge. A principal has no financial interest in the firm.

Partner/Director – The director has extensive governmental auditing experience and acts as the auditor-in-charge. Directors have a financial interest in the firm.
Professional Staff Resources (Continued)

Independence – Independence of the public accounting firm, with respect to the audit client, is the foundation from which the public gains its trust in the opinion issued by the public accounting firm at the end of the audit process. This independence must be in appearance as well as in fact. The public must perceive that the accounting firm is independent of the audit entity to ensure that nothing would compromise the opinion issued by the public accounting firm. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is independent of OTC Community Development District, including its elected officials and related parties, at the date of this proposal, as defined by the following rules, regulations, and standards:
AuSection 220 – Statements on Auditing Standards issued by the American Institute of Certified Public Accountants;
ET Sections 101 and 102 – Code of Professional Conduct of the American Institute of Certified Public Accountants;
Chapter 21A-1, Florida Administrative Code; Section 473.315, Florida Statutes; and,
Government Auditing Standards, issued by the Comptroller General of the United States.
On an annual basis, all members of the firm are required to confirm, in writing, that they have no personal or financial relationships or holding that would impair their independence with regard to the firm’s clients.

Independence is a hallmark of our profession. We encourage our staff to use professional judgment in situations where our independence could be impaired or the perception of a conflict of interest might exist. In the governmental sector, public perception is as important as professional standards. Therefore, the utmost care must be exercised by independent auditors in the performance of their duties.
Ability to Furnish the Required Services

As previously noted in the Profile of the Proposer section of this document, our firm has been in existence for over 74 years. We have provided audit services to some clients for over 30 years continually. Our firm is insured against physical loss through commercial insurance and we also carry liability insurance. The majority of our audit documentation is stored electronically, both on our office network and on each employee laptop or computer assigned to each specific job. Our office computer network is backed up on tape, so in the event of a total equipment loss, we can restore all data as soon as replacement equipment is acquired. In addition, our field laptop computers carry the same data and can be used in the event of emergency with virtually no delay in completing the required services.
ADDITIONAL SERVICES PROVIDED

Arbitrage Rebate Services

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL also provides arbitrage rebate compliance and related services to governmental issuers. The Tax Reform Act of 1986 requires issuers of most tax-exempt obligations to pay (i.e., “rebate”) to the United States government any arbitrage profits. Arbitrage profits are earnings on the investment of bond proceeds and certain other monies in excess of what would have been earned had such monies been invested at a yield equal to the yield on the bonds.
Federal tax law requires that interim rebate calculations and payments are due at the end of every fifth bond year. Final payment is required upon redemption of the bonds. More frequent calculations may be deemed advisable by an issuer’s auditor, trustee or bond counsel or to assure that accurate and current records are available. These more frequent requirements are usually contained in the Arbitrage or Rebate Certificate with respect to the bonds.

Our firm performs a comprehensive rebate analysis and includes the following:
	•	Verifying that the issue is subject to rebate;
	•	Calculating the bond yield;
	•	Identifying, and separately accounting for, all “Gross Proceeds” (as that term is defined in the Code) of the bond issue, including those requiring analysis due to “transferred proceeds” and/or “commingled funds” circumstances;
	•	Determining what general and/or elective options are available to Gross proceeds of the issue;
	•	Calculating the issue’s excess investment earning (rebate liability), if any;
	•	Delivering appropriate documentation to support all calculations;
	•	Providing an executive summary identifying the methodology employed, major assumptions, conclusions, and any other recommendations for changes in recordkeeping and investment policies;
	•	Assisting as necessary in the event of an Internal Revenue Service inquiry; and,
	•	Consulting with issue staff, as necessary, regarding arbitrage related matters.
GOVERNMENTAL AUDITING EXPERIENCE

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has been practicing public accounting in Florida for 69 years. Our success over the years has been the result of a strong commitment to providing personalized quality service to our clients.
The current members of our firm have performed audits of over 1,100 community development districts, and over 2,100 audits of municipalities, counties and other governmental entities such as the City of Fort Pierce and St. Lucie County.

Our firm provides a variety of accounting, auditing, tax litigation support, and consulting services. Some of the professional accounting, auditing and management consulting services that are provided by our firm are listed below:

	•	Performance of annual financial and compliance audits, including Single Audits of state and federal financial assistance programs, under the provisions of the Single Audit Act,
Subpart F of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), with minimal disruptions to your operations;
	•	Performance of special compliance audits to ascertain compliance with the applicable local, state and federal laws and regulations;
	•	Issuance of comfort letters and consent letters in conjunction with the issuance of tax- exempt debt obligations, including compiling financial data and interim period financial statement reviews;
	•	Calculation of estimated and actual federal arbitrage rebates;
	•	Assistance in compiling historical financial data for first-time and supplemental submissions for GFOA Certificate of Achievement for Excellence in Financial Reporting;
	•	Preparation of indirect cost allocation systems in accordance with Federal and State regulatory requirements;
	•	Providing human resource and employee benefit consulting;
	•	Performance of automation feasibility studies and disaster recovery plans;
	•	Performance feasibility studies concerning major fixed asset acquisitions and utility plant expansion plans (including electric, water, pollution control, and sanitation utilities); and
	•	Assistance in litigation, including testimony in civil and criminal court.
	•	Assist clients who utilize QuickBooks software with their software needs. Our Certified QuickBooks Advisor has undergone extensive training through QuickBooks and has
passed several exams to attain this Certification.
Continuing Professional Education

All members of the governmental audit staff of our firm, and audit team members assigned to this engagement, are in compliance with the Continuing Professional Education (CPE) requirements set forth in Government Auditing Standards issued by the Comptroller General of the United States. In addition, our firm is in compliance with the applicable provisions of the Florida Statutes that require CPA’s to have met certain CPE requirements prior to proposing on governmental audit engagements.
GOVERNMENTAL AUDITING EXPERIENCE (CONTINUED)

The audit team has extensive experience in performing governmental audits and is exposed to intensive and continuing concentration on these types of audits. Due to the total number of governmental audits our team performs, each member of our governmental staff must understand and be able to perform several types of governmental audits. It is our objective to provide each professional employee fifty hours or more of comprehensive continuing professional education each year. This is accomplished through attending seminars throughout Florida and is reinforced through in-house training.
Our firm has made a steadfast commitment to professional education. Our active attendance and participation in continuing professional education is a major part of our objective to obtain the most recent knowledge on issues which are of importance to our clients. We are growing on the reputation for work that our firm is providing today.
Quality Control Program

Quality control requires continuing commitment to professional excellence. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is formally dedicated to that commitment.

To ensure maintaining the standards of working excellence required by our firm, we joined the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA). To be a participating member firm of this practice section, a firm must obtain an independent Peer Review of its quality control policies and procedures to ascertain the firm’s compliance with existing auditing standards on the applicable engagements.
The scope of the Peer Review is comprehensive in that it specifically reviews the following quality control policies and procedures of the participating firm:
	•	Professional, economic, and administrative independence;
	•	Assignment of professional personnel to engagements;
	•	Consultation on technical matters;
	•	Supervision of engagement personnel;
	•	Hiring and employment of personnel;
	•	Professional development;
	•	Advancement;
	•	Acceptance and continuation of clients; and,
	•	Inspection and review system.
We believe that our commitment to the program is rewarding not only to our firm, but primarily to our clients.

The external independent Peer Review of the elements of our quality control policies and procedures performed by an independent certified public accountant, approved by the PCPS of the AICPA, provides you with the assurance that we continue to conform to standards of the profession in the conduct of our accounting and auditing practice.
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)

Our firm is also a member of Governmental Audit Quality Center (GAQC), a voluntary membership center for CPA firms that perform governmental audits. This center promotes the quality of governmental audits.
Our firm has completed successive Peer Reviews. These reviews included a representative sample of our firm’s local governmental auditing engagements. As a result of these reviews, our firm obtained an unqualified opinion on our quality control program and work procedures. On page 31 is a copy of our most recent Peer Review report. It should be noted that we received a pass rating.

Our firm has never had any disciplinary actions by state regulatory bodies or professional organizations.
As our firm performs approximately one hundred audits each year that are reviewed by federal, state or local entities, we are constantly dealing with questions from these entities about our audits. We are pleased to say that any questions that have been raised were minor issues and were easily resolved without re-issuing any reports.
Certificate of Achievement for Excellence in Financial Reporting (CAFR)

We are proud and honored to have been involved with the City of Fort Pierce and the Fort Pierce Utilities Authority when they received their first Certificates of Achievement for Excellence in Financial Reporting for the fiscal years ended September 30, 1988 and 1994, respectively. We were also instrumental in the City of Stuart receiving the award, in our first year of performing their audit, for the year ended September 30, 1999.
We also assisted St. Lucie County, Florida for the year ended September 30, 2003, in preparing their first Comprehensive Annual Financial Report, and St. Lucie County has received their Certificate of Achievement for Excellence in Financial Reporting every year since.

As continued commitment to insuring that we are providing the highest level of experience, we have had at least one employee of our firm serve on the GFOA – Special Review Committee since the mid-1980s. This committee is made up of selective Certified Public Accountants throughout the United States who have demonstrated their high level of knowledge and expertise in governmental accounting. Each committee member attends a special review meeting at the Annual GFOA Conference. At this meeting, the committee reports on the Certificate of Achievement Program’s most recent results, future goals, and common reporting deficiencies.

We feel that our previous experience in assisting the City of Fort Pierce, the Fort Pierce Utilities Authority and St. Lucie County obtain their first CAFRs, and the City of Stuart in continuing to receive a CAFR and our firm’s continued involvement with the GFOA, and the CAFR review committee make us a valued asset for any client in the field of governmental financial reporting.
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)

References

Florida Green Finance Authority	Gateway Community Development
Jeff Walker, Special District Services	District
(561) 630-4922	Stephen Bloom, Severn Trent Management (954) 753-5841
South Village Community Development District
Darrin Mossing, Governmental Management	Habitat Community Development Services LLC		District
(407) 841-5524	Cal Teague, Premier District Management
(239) 690-7100 ext 101

In addition to the above, we have the following additional governmental audit experience: Community Development Districts
Aberdeen Community Development	Beacon Lakes Community District		Development District

Alta Lakes Community Development	Beaumont Community Development District		District

Amelia Concourse Community	Bella Collina Community Development
Development District	District

Amelia Walk Communnity	Bonnet Creek Community
Development District	Development District

Aqua One Community Development	Buckeye Park Community District		Development District

Arborwood Community Development	Candler Hills East Community District		Development District

Arlington Ridge Community	Cedar Hammock Community
Development District	Development District

Bartram Springs Community	Central Lake Community
Development District	Development District

Baytree Community Development	Channing Park Community
District	Development District
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)

Cheval West Community	Evergreen Community Development
Development District	District

Coconut Cay Community	Forest Brooke Community Development District		Development District

Colonial Country Club Community	Gateway Services Community
Development District	Development District

Connerton West Community	Gramercy Farms Community
Development District	Development District

Copperstone Community	Greenway Improvement District Development District

Creekside @ Twin Creeks Community	Greyhawk Landing Community Development District		Development District

Deer Run Community Development	Griffin Lakes Community Development District		District

Dowden West Community	Habitat Community Development
Development District	District

DP1 Community Development	Harbor Bay Community Development
District	District

Eagle Point Community Development	Harbourage at Braden River District		Community Development District

East Nassau Stewardship District	Harmony Community Development
District
Eastlake Oaks Community
Development District	Harmony West Community Development District
Easton Park Community Development
District	Harrison Ranch Community
Development District
Estancia @ Wiregrass Community
Development District	Hawkstone Community Development District
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)

Heritage Harbor Community	Madeira Community Development
Development District	District

Heritage Isles Community	Marhsall Creek Community
Development District	Development District

Heritage Lake Park Community	Meadow Pointe IV Community
Development District	Development District

Heritage Landing Community	Meadow View at Twin Creek
Development District	Community Development District

Heritage Palms Community	Mediterra North Community
Development District	Development District

Heron Isles Community	Midtown Miami Community
Development District	Development District

Heron Isles Community Development	Mira Lago West Community District		Development District

Highland Meadows II Community	Montecito Community
Development District	Development District

Julington Creek Community	Narcoossee Community
Development District	Development District

Laguna Lakes Community	Naturewalk Community
Development District	Development District

Lake Bernadette Community	New Port Tampa Bay Community
Development District	Development District

Lakeside Plantation Community	Overoaks Community Development
Development District	District

Landings at Miami Community	Panther Trace II Community
Development District	Development District

Legends Bay Community	Paseo Community Development
Development District	District

Lexington Oaks Community	Pine Ridge Plantation Community
Development District	Development District

Live Oak No. 2 Community	Piney Z Community Development
Development District	District
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Poinciana Community	Sampson Creek Community
Development District	Development District

Poinciana West Community	San Simeon Community
Development District	Development District

Port of the Islands Community	Six Mile Creek Community
Development District	Development District

Portofino Isles Community	South Village Community
Development District	Development District

Quarry Community Development	Southern Hills Plantation I
District	Community Development District

Renaissance Commons Community	Southern Hills Plantation III Development District		Community Development District

Reserve Community	South Fork Community
Development District	Development District

Reserve #2 Community	St. John's Forest Community
Development District	Development District

River Glen Community	Stoneybrook South Community
Development District	Development District

River Hall Community	Stoneybrook South at ChampionsGate
Development District	Community Development District

River Place on the St. Lucie	Stoneybrook West Community
Community Development District	Development District

Rivers Edge Community	Tern Bay Community
Development District	Development District

Riverwood Community	Terracina Community Development
Development District	District

Riverwood Estates Community	Tison's Landing Community
Development District	Development District

Rolling Hills Community	TPOST Community Development
Development District	District

Rolling Oaks Community Development District
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)

Triple Creek Community	Vizcaya in Kendall
Development District	Development District

TSR Community Development	Waterset North Community
District	Development District

Turnbull Creek Community	Westside Community Development
Development District	District

Twin Creeks North Community	WildBlue Community Development
Development District	District

Urban Orlando Community	Willow Creek Community
Development District	Development District

Verano #2 Community	Willow Hammock Community
Development District	Development District

Viera East Community	Winston Trails Community
Development District	Development District

VillaMar Community	Zephyr Ridge Community
Development District	Development District
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)

Other Governmental Organizations

City of Westlake

Florida Inland Navigation District Fort Pierce Farms Water Control
District

Indian River Regional Crime Laboratory, District 19, Florida
Viera Stewardship District
Office of the Medical Examiner, District 19

Rupert J. Smith Law Library of St. Lucie County
St. Lucie Education Foundation Seminole Improvement District Troup Indiantown Water
Control District

Current or Recent Single Audits,

St. Lucie County, Florida Early Learning Coalition, Inc.
Gateway Services Community Development District Healthy Start Coalition
Members of our audit team have acquired extensive experience from performing or participating in over 1,800 audits of governments, independent special taxing districts, school boards, and other agencies that receive public money and utilize fund accounting.

Much of our firm’s auditing experience is with compliance auditing, which is required for publicly financed agencies. In this type of audit, we do a financial examination and also confirm compliance with various statutory and regulatory guidelines.
Following is a summary of our other experience, including Auditor General experience, as it pertains to other governmental and fund accounting audits.

Counties
(Includes elected constitutional officers, utilities and dependent taxing districts)

Indian River Martin Okeechobee Palm Beach

Municipalities

City of Port St. Lucie City of Vero Beach Town of Orchid
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)

Special Districts

Bannon Lakes Community Development District Boggy Creek Community Development District Capron Trail Community Development District Celebration Pointe Community Development District Coquina Water Control District
Diamond Hill Community Development District Dovera Community Development District
Durbin Crossing Community Development District Golden Lakes Community Development District Lakewood Ranch Community Development District Martin Soil and Water Conservation District Meadow Pointe III Community Development District Myrtle Creek Community Development District
St. Lucie County – Fort Pierce Fire District The Crossings at Fleming Island
St. Lucie West Services District
Indian River County Mosquito Control District St. John’s Water Control District
Westchase and Westchase East Community Development Districts Pier Park Community Development District
Verandahs Community Development District Magnolia Park Community Development District
Schools and Colleges

Federal Student Aid Programs – Indian River Community College Indian River Community College
Okeechobee County District School Board St. Lucie County District School Board
Indian River School District – Internal Accounts State and County Agencies
Central Florida Foreign-Trade Zone, Inc. (a nonprofit organization affiliated with the St. Lucie County Board of County Commissioners)
Florida School for Boys at Okeechobee
Indian River Community College Crime Laboratory Indian River Correctional Institution
FEE SCHEDULE

We propose the fee for our audit services described below to be $4,500 for the years ended September 30, 2025 and 2026, $4,625 for the year ended September 30, 2027, and $4,850 for the years ended September 30, 2028 and 2029. In addition, if a bond issuance occurs during the fiscal year, there will be an additional fee per issuance. The fee is contingent upon the financial records and accounting systems of OTC Community Development District being “audit ready” and the financial activity for the District is not materially increased. If we discover that additional preparation work or subsidiary schedules are needed, we will consult with your authorized representative. We can assist with this additional work at our standard rates should you desire.
SCOPE OF WORK TO BE PERFORMED
If selected as the District's auditors, we will perform a financial and compliance audit in accordance with Section 11.45, Florida Statutes, in order to express an opinion on an annual basis on the financial statements of OTC Community Development District as of September 30, 2025, 2026, 2027, 2028, and 2029. The audits will be performed to the extent necessary to express an opinion on the fairness in all material respects with which the financial statements present the financial position, results of operations and changes in financial position in conformity with generally accepted accounting principles and to determine whether, for selected transactions, operations are properly conducted in accordance with legal and regulatory requirements. Reportable conditions that are also material weaknesses shall be identified as such in the Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters. Other (non-reportable) conditions discovered during the course of the audit will be reported in a separate letter to management, which will be referred to in the Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters.
Our audit will be performed in accordance with standards for financial and compliance audits contained in Government Auditing Standards, as well as in compliance with rules and regulations of audits of special districts as set forth by the State Auditor General in Chapter 10.550, Local Governmental Entity Audits, and other relevant federal, state and county orders, statutes, ordinances, charter, resolutions, bond covenants, Administrative Code and procedures, or rules and regulations which may pertain to the work required in the engagement.
The primary purpose of our audit will be to express an opinion on the financial statements discussed above. It should be noted that such audits are subject to the inherent risk that errors or irregularities may not be detected. However, if conditions are discovered which lead to the belief that material errors, defalcations or other irregularities may exist or if other circumstances are encountered that require extended services, we will promptly notify the appropriate individual.
Commitment to Quality Service

David S. McGuire, CPA, CITP
Director – 31 years experience

Education
	•	University of Central Florida, B.A. – Accounting
	•	Barry University – Master of Professional Accountancy
Registrations
	•	Certified Public Accountant – State of Florida, State Board of Accountancy
	•	Certified Information Technology Professional (CITP) – American Institute of Certified Public Accountants
	•	Certified Not-For-Profit Core Concepts 2018
Professional Affiliations/Community Service
	•	Member of the American and Florida Institutes of Certified Public Accountants
	•	Associate Member, Florida Government Finance Office Associates
	•	Assistant Coach – St. Lucie County Youth Football Organization (1994 – 2005)
	•	Assistant Coach – Greater Port St. Lucie Football League, Inc. (2006 – 2010)
	•	Board Member – Greater Port St. Lucie Football League, Inc. (2011 – 2017)
	•	Treasurer, AIDS Research and Treatment Center of the Treasure Coast, Inc. (2000 – 2003)
	•	Board Member/Treasurer, North Treasure Coast Chapter, American Red Cross (2004 – 2010)
	•	Member/Board Member of Port St. Lucie Kiwanis (1994 – 2001)
	•	President (2014/15) of Sunrise Kiwanis of Fort Pierce (2004 – 2017)
	•	St. Lucie District School Board Superintendent Search Committee (2013 – present)
	•	Board Member – Phrozen Pharoes (2019-2021)
Professional Experience
	•	Twenty-eight years public accounting experience with an emphasis on nonprofit and governmental organizations.
	•	Audit Manager in-charge on a variety of audit and review engagements within several industries, including the following government and nonprofit organizations:
St. Lucie County, Florida
19th Circuit Office of Medical Examiner Troup Indiantown Water Control District
Exchange Club Center for the Prevention of Child Abuse, Inc. Healthy Kids of St. Lucie County
Mustard Seed Ministries of Ft. Pierce, Inc. Reaching Our Community Kids, Inc.
Reaching Our Community Kids - South
St. Lucie County Education Foundation, Inc. Treasure Coast Food Bank, Inc.
North Springs Improvement District
	•	Four years of service in the United States Air Force in computer operations, with a top secret (SCI/SBI) security clearance.
Commitment to Quality Service

David S. McGuire, CPA, CITP (Continued)
Director

Continuing Professional Education
	•	Mr. McGuire has attended numerous continuing professional education courses and seminars taught by nationally recognized sponsors in the accounting auditing and single audit compliance areas. He has attended courses over the last two years in those areas as
follows:
Not-for-Profit Auditing Financial Results and Compliance Requirements Update: Government Accounting Reporting and Auditing
Annual Update for Accountants and Auditors
Commitment to Quality Service

Matthew Gonano, CPA
Director – 14 years total experience

Education
	•	University of North Florida, B.B.A. – Accounting
	•	University of Alicante, Spain – International Business
	•	Florida Atlantic University – Masters of Accounting
Professional Affiliations/Community Service
	•	American Institute of Certified Public Accountants
	•	Florida Institute of Certified Public Accountants
Professional Experience

	•	Senior Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.
	•	Performed audits of nonprofit and governmental organizations in accordance with Governmental Accounting Auditing Standards (GAAS)
	•	Performed Single Audits of nonprofit organizations in accordance with OMB Circular A-133, Audits of State, Local Governments, and Non-Profit Organizations.

Continuing Professional Education
	•	Mr. Gonano has participated in numerous continuing professional education courses.
Commitment to Quality Service

Melissa Marlin, CPA
Director – 11 years

Education
	•	Indian River State College, A.A. – Accounting
	•	Florida Atlantic University, B.B.A. – Accounting
Registrations
	•	Certified Public Accountant – State of Florida, State Board of Accountancy
Professional Affiliations/Community Service
	•	Member of the American Institute of Certified Public Accountants
	•	Member of the Florida Institute of Certified Public Accountants
	•	Affiliate member of the Government Finance Officers Association
Professional Experience
	•	Accountant with over 10 years of experience providing professional services to nonprofit and governmental entities.
	•	Performed over 300 audits of nonprofit and governmental organizations in accordance with Governmental Accounting Auditing Standards (GAAS)
	•	Performed Single Audits of nonprofit organizations in accordance with 2 CFR Part 200 Subpart F, Uniform Guidance, Audits of State, Local Governments, and Non-Profit Organizations.

Continuing Professional Education
	•	Mrs. Marlin participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments in accounting and auditing such as:
	•	Governmental Accounting Report and Audit Update
	•	Analytical Procedures, FICPA
	•	Annual Update for Accountants and Auditors
	•	Single Audit Sampling and Other Considerations
Commitment to Quality Service

Maritza Stonebraker, CPA
Director – 9 years

Education
	•	Indian River State College, B.S. – Accounting
Registrations
	•	Certified Public Accountant – State of Florida, State Board of Accountancy
Professional Affiliations/Community Service
	•	Member of the American Institute of Certified Public Accountants
	•	Member of the Florida Institute of Certified Public Accountants
	•	Affiliate of the Government Finance Officers Association
Professional Experience
	•	Maritza launched her professional auditing career at Berger, Toombs, Elam, Gaines, & Frank, accumulating over 9 years of expertise in the field
	•	Performed over 300 audits of nonprofit and governmental organizations in accordance with Governmental Accounting Auditing Standards (GAAS)
	•	Performed Single Audits of nonprofit organizations in accordance with 2 CFR Part 200 Subpart F, Uniform Guidance, Audits of State, Local Governments, and Non-Profit Organizations.

Continuing Professional Education
	•	Mrs. Stonebraker participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments in accounting and auditing such as:
	•	Governmental Accounting Report and Audit Update
	•	Analytical Procedures, FICPA
	•	Annual Update for Accountants and Auditors
	•	Single Audit Sampling and Other Considerations
Commitment to Quality Service

Jonathan Herman, CPA
Director – 11 years

Education
	•	University of Central Florida, B.S. – Accounting
	•	Florida Atlantic University, MACC
Registrations
	•	Certified Public Accountant – State of Florida, State Board of Accountancy
Professional Affiliations/Community Service
	•	Member of the American and Florida Institutes of Certified Public Accountants
	•	Affiliate member Government Finance Officers Association
Professional Experience
	•	Over 10 years experience in all phases of public accounting and auditing experience, with a concentration in financial and compliance audits. Mr. Herman has been involved in all phases of the audits listed on the preceding pages.

Continuing Professional Education
	•	Has participated in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments. He has attended courses in those areas over the last two years such as:
Governmental Accounting Report and Audit Update
Annual Update: Government Accounting Reporting and Auditing Annual Update for Accountants and Auditors
Commitment to Quality Service

David F. Haughton, CPA
Accounting and Audit Manager – 34 years

Education
	•	Stetson University, B.B.A. – Accounting
Registrations
	•	Certified Public Accountant – State of Florida, State Board of Accountancy
Professional Affiliations/Community Service
	•	Member of the American and Florida Institutes of Certified Public Accountants
	•	Former Member of Florida Institute of Certified Public Accountants Committee on State and Local Government
	•	Affiliate Member Government Finance Officers Association (GFOA) for over 10 years
	•	Affiliate Member Florida Government Finance Officers Association (FGFOA) for over 10 years
	•	Technical Review – 1997 FICPA Course on State and Local Governments in Florida
	•	Board of Directors – Kiwanis of Ft. Pierce, Treasurer – 1994-1999; Vice President – 1999- 2001

Professional Experience
	•	Twenty-seven years public accounting experience with an emphasis on governmental and nonprofit organizations.
	•	State Auditor General’s Office – West Palm Beach, Staff Auditor, June 1985 to September 1985
	•	Accounting and Audit Manager of Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants PL, responsible for audit and accounting services including governmental and not-for-profit audits.
	•	Over 20 years of public accounting and governmental experience, specializing in governmental and nonprofit organizations with concentration in special districts, including Community Development Districts which provide services including water and sewer utilities.
Governmental and non-profit entities served include the following:

Counties:
St. Lucie County

Municipalities: City of Fort Pierce City of Stuart
Commitment to Quality Service

David F. Haughton, CPA (Continued)
Accounting and Audit Manager

Professional Experience (Continued) Special Districts:
Bluewaters Community Development District
Country Club of Mount Dora Community Development District Fiddler’s Creek Community Development District #1 and #2 Indigo Community Development District
North Springs Improvement District
Renaissance Commons Community Development District St. Lucie West Services District
Stoneybrook Community Development District Summerville Community Development District Terracina Community Development District Thousand Oaks Community Development District Tree Island Estates Community Development District Valencia Acres Community Development District

Non-Profits:
The Dunbar Center, Inc.
Hibiscus Children’s Foundation, Inc. Hope Rural School, Inc.
Maritime and Yachting Museum of Florida, Inc. Tykes and Teens, Inc.
United Way of Martin County, Inc.
Workforce Development Board of the Treasure Coast, Inc.
	•	While with the Auditor General’s Office he was on the staff for the state audits of the Martin County School District and Okeechobee County School District.
	•	During 1997 he performed a technical review of the Florida Institute of Certified Public Accountants state CPE course on Audits of State and Local Governments in Florida. His comments were well received by the author and were utilized in future updates to the course.
Continuing Professional Education
	•	During the past several years, he has participated in numerous professional development training programs sponsored by the AICPA and FICPA, including state conferences on special districts and governmental auditing in Florida. He averages in excess of 100 hours
bi-annually of advanced training which exceeds the 80 hours required in accordance with the continuing professional education requirements of the Florida State Board of accountancy and the AICPA Private Companies Practice Section. He has over 75 hours of governmental CPE credit within the past two years.
Commitment to Quality Service

Paul Daly
Senior Accountant – 12 years

Education
	•	Florida Atlantic University, B.S. – Accounting
Professional Experience
	•	Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
	•	Working to attain the requirements to take the Certified Public Accounting (CPA) exam.
Commitment to Quality Service

Bryan Snyder
Senior Accountant – 10 years

Education
	•	Florida Atlantic University, B.B.A. – Accounting
Professional Experience
	•	Accountant beginning his professional auditing career with Berger, Toombs, Elam, Gaines, & Frank.
	•	Mr. Snyder is gaining experience auditing governmental & nonprofit entities.
Continuing Professional Education
	•	Mr. Snyder participates in numerous continuing education courses and plans on working to acquire his CPA certificate.
	•	Mr. Snyder is currently studying to pass the CPA exam.
Commitment to Quality Service

Tifanee Terrell, CPA
Senior Accountant – 4 years

Education
	•	Florida Atlantic University, M.A.C.C. – Accounting
Professional Experience
	•	Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
	•	Ms. Terrell participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.
Commitment to Quality Service

Dylan Dixon
Senior Accountant – 3 years

Education
	•	Indian River State College, B.S. – Accounting
Professional Experience
	•	Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
	•	Mr. Dixon participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.
Commitment to Quality Service

Brennen Moore
Staff Accountant – 2 years

Education
	•	Indian River State College, B.S. – Accounting
Professional Experience
	•	Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
	•	Mr. Moore participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.
Commitment to Quality Service

Katie Gifford
Staff Accountant – 2 years

Education
	•	Indian River State College, B.S. – Accounting
Professional Experience
	•	Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
	•	Ms. Gifford participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.
Commitment to Quality Service

Rayna Zicari
Staff Accountant – 2 years

Education
	•	Stetson University, B.B.A. – Accounting
Professional Experience
	•	Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
	•	Ms. Zicari participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.
	•	Ms. Zicari is currently working towards completing an additional 30 hours of education to qualify to sit for CPA exam.
Commitment to Quality Service

Deandre McFadden
Staff Accountant

Education
	•	Florida Atlantic University, B.S. – Accounting
Professional Experience
	•	Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Continuing Professional Education
	•	Mr. McFadden participates in numerous continuing professional education courses provided by nationally recognized sponsors to keep abreast of the latest developments.

OTC COMMUNITY DEVELOPMENT DISTRICT REQUEST FOR PROPOSALS
Annual Audit Services for Fiscal Year 2025
Duval County, Florida
INSTRUCTIONS TO PROPOSERS

SECTION 1. DUE DATE. An electronic copy of the proposal must be received no later than Tuesday, July 8, 2025, 3:00 p.m., to the District Recording Secretary, Courtney Hogge by e-mail at chogge@gmsnf.com. Proposer is responsible for confirming its proposal is received by District Recording Secretary
SECTION 2. FAMILIARITY WITH THE LAW. By submitting a proposal, the Proposer is assumed to be familiar with all federal, state, and local laws, ordinances, rules, and regulations that in any manner affect the work. Ignorance on the part of the Proposer will in no way relieve it from responsibility to perform the work covered by the proposal in compliance with al such laws, ordinances and regulations.

SECTION 3. QUALIFICATIONS OF PROPOSER. The contract, if awarded, will only be awarded to a responsible Proposer who is qualified by experience and licensing to do the work specified herein. The Proposer shall submit with its proposal satisfactory evidence of experience in similar work and show that it is fully prepared to complete the work to the satisfaction of the District.
SECTION 4. SUBMISSION OF ONLY ONE PROPOSAL. Proposers shall be
disqualified and their proposals rejected if the District has reason to believe that collusion may exist among the Proposers, the Proposer has defaulted on any previous contract or is in arrears on any previous or existing contract, or for failure to demonstrate proper licensure and business organization.

SECTION 5. SUBMISSION OF PROPOSAL. Submit one (1) electronic copy (PDF only) of the Proposal Documents, and other requested attachments, if any, by the date, time and method indicated herein. The District Recording Secretary is available at chogge@gmsnf.com or (865) 238-2622.
SECTION 6. MODIFICATION AND WITHDRAWAL. Proposals may be modified or withdrawn by an appropriate document duly executed and delivered to the place where proposals are to be submitted at any time prior to the time and date the proposals are due. No proposal may be withdrawn after opening for a period of ninety (90) days.

SECTION 7. PROPOSAL DOCUMENTS. The proposal documents shall consist of the notice announcing the request for proposals, these instructions, the Evaluation Criteria Sheet and a proposal with all required documentation pursuant to Section 12 of these instructions (the “Proposal Documents”).

SECTION 8. PROPOSAL. In making its proposal, each Proposer represents that it has read and understands the Proposal Documents and that the proposal is made in accordance therewith.
SECTION 9. BASIS OF AWARD/RIGHT TO REJECT. The District reserves the right to reject any and all proposals, make modifications to the work, and waive any informalities or irregularities in proposals as it is deemed in the best interests of the District.
SECTION 10. CONTRACT AWARD. Within fourteen (14) days of receipt of the Notice of Award from the District, the Proposer shall enter into and execute a Contract (engagement letter) with the District.

SECTION 11. LIMITATION OF LIABILITY. Nothing herein shall be construed as or constitute a wavier of District’s limited waiver of liability contained in section 768.28, Florida Statutes, or any other statute or law.
SECTION 12. MISCELLANEOUS. All proposals shall include the following information in addition to any other requirements of the proposal documents.

	A.	List position or title of all personnel to perform work on the District audit. Include resumes for each person listed: list years of experience in present position for each party listed and years of related experience.
	B.	Describe proposed staffing levels, including resumes with applicable certifications.
	C.	Three references from projects of similar size and scope. The Proposer should include information relating to the work it conducted for each reference as well as a name, address and phone number of a contact person.

	A.	The lump sum cost of the provision of the services under the proposal.

SECTION 13. PROTESTS. Any protest regarding the Proposal Documents, must be filed in writing, at the offices of the District Manager, within seventy-two (72) hours after the receipt of the proposed project plans and specifications or other contract documents. The formal protest setting forth with particularity the facts and law upon which the protest is based shall be filed within seven (7) calendar days after the initial notice of protest was filed. Failure to timely file a notice of protest or failure to timely file a formal written protest shall constitute a waiver of any right to object or protest with respect to aforesaid plans, specifications or contract documents.
SECTION 14. EVALUATION OF PROPOSALS. The criteria to be used in the evaluation of proposals are presented in the Evaluation Criteria Sheet, contained within the Proposal Documents.
OTC COMMUNITY DEVELOPMENT DISTRICT AUDITOR SELECTION EVALUATION CRITERIA

	1.	Ability of Personnel.	(20 Points)

(E.g., geographic location of the firm’s headquarters or permanent office in relation to the project; capabilities and experience of key personnel; present ability to manage this project; evaluation of existing work load; proposed staffing levels, etc.)

	1.	Proposer’s Experience.	(20 Points)

(E.g. past record and experience of the Proposer in similar projects; volume of work previously performed by the firm; past performance for other Community Development Districts in other contracts; character, integrity, reputation of Proposer, etc.)
	1.	Understanding of Scope of Work.	(20 Points)

Extent to which the proposal demonstrates an understanding of the District’s needs for the services requested.
	1.	Ability to Furnish the Required Services.	(20 Points)

Extent to which the proposal demonstrates the adequacy of Proposer’s financial resources and stability as a business entity necessary to complete the services required.
	1.	Price.	(20 Points)

Points will be awarded based upon the lowest total proposal for rendering the services and the reasonableness of the proposal.

Proposal to Provide Financial Auditing Services:
OTC
COMMUNITY DEVELOPMENT DISTRICT

Proposal Due: July 8, 2025 3:00PM
Submitted to:
OTC
Community Development District c/o District Manager
475 West Town Place, Suite 114 St. Augustine, Florida 32092
Submitted by:
Antonio J. Grau, Partner Grau & Associates
1001 Yamato Road, Suite 301 Boca Raton, Florida 33431 Tel	(561) 994-9299
(800) 229-4728
Fax	(561) 994-5823
tgrau@graucpa.com www.graucpa.com

Table of Contents	Page
EXECUTIVE SUMMARY / TRANSMITTAL LETTER	1
FIRM QUALIFICATIONS	3
FIRM & STAFF EXPERIENCE	6
REFERENCES	11
SPECIFIC AUDIT APPROACH	13
COST OF SERVICES	17
SUPPLEMENTAL INFORMATION	19

July 8, 2025

OTC Community Development District c/o District Manager
475 West Town Place, Suite 114 St. Augustine, Florida 32092

Re:	Request for Proposal for Professional Auditing Services for the fiscal year ended September 30, 2025, with an option for four (4) additional annual renewals.

Grau & Associates (Grau) welcomes the opportunity to respond to the OTC Community Development District’s (the “District”) Request for Proposal (RFP), and we look forward to working with you on your audit. We are an energetic and robust team of knowledgeable professionals and are a recognized leader of providing services to Community Development Districts. As one of Florida’s few firms to primarily focus on government, we are especially equipped to provide you an effective and efficient audit.
Government audits are at the core of our practice: 95% of our work is performing audits for local governments and of that 98% are for special districts. With our significant experience, we are able to increase efficiency, to provide immediate and continued savings, and to minimize disturbances to your operations.
Why Grau & Associates:
Knowledgeable Audit Team
Grau is proud that the personnel we assign to your audit are some of the most seasoned auditors in the field. Our staff performs governmental engagements year-round. When not working on your audit, your team is refining their audit approach for next year’s audit. Our engagement partners have decades of experience and take a hands-on approach to our assignments, which all ensures a smoother process for you.
Servicing your Individual Needs
Our clients enjoy personalized service designed to satisfy their unique needs and requirements. Throughout the process of our audit, you will find that we welcome working with you to resolve any issues as swiftly and easily as possible. In addition, due to Grau’s very low turnover rate for our industry, you also won’t have to worry about retraining your auditors from year to year.

Developing Relationships
We strive to foster mutually beneficial relationships with our clients. We stay in touch year-round, updating, collaborating, and assisting you in implementing new legislation, rules and standards that affect your organization. We are also available as a sounding board and assist with technical questions.

Maintaining an Impeccable Reputation
We have never been involved in any litigation, proceeding or received any disciplinary action. Additionally, we have never been charged with, or convicted of, a public entity crime of any sort. We are financially stable and have never been involved in any bankruptcy proceedings.
Complying With Standards
Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards, issued by the Comptroller General of the United States, and the Rules of the Auditor General of the State of Florida, and any other applicable federal, state and local regulations. We will deliver our reports in accordance with your requirements.
This proposal is a firm and irrevocable offer for 90 days. We certify this proposal is made without previous understanding, agreement or connection either with any previous firms or corporations offering a proposal for the same items. We also certify our proposal is in all respects fair, without outside control, collusion, fraud, or otherwise illegal action, and was prepared in good faith. Only the person(s), company or parties interested in the project as principals are named in the proposal. Grau has no existing or potential conflicts and anticipates no conflicts during the engagement. Our Federal I.D. number is 20-2067322.
We would be happy to answer any questions or to provide any additional information. We are genuinely excited about the prospect of serving you and establishing a long-term relationship. Please do not hesitate to call or email either of our Partners, Antonio J. Grau, CPA (tgrau@graucpa.com) or David Caplivski, CPA (dcaplivski@graucpa.com) at 561.994.9299. We thank you for considering our firm’s qualifications and experience.

Very truly yours, Grau & Associates
Antonio J. Grau

Firm Qualifications

Grau’s Focus and Experience

3
Partners

11
Professional Staff

2
Administrative Professionals
10/16
Employees are CPAS

Year founded

Services Provided

Properly registered and licensed professional corporation by the state of FLORIDA

We are proud Members of the American Institute of Certified Public Accountants
&
the Florida Institute of Certified Public Accountants

See next page for report and certificate
⇒ External quality review program:
consistently receives a pass
⇒ Internal: ongoing monitoring to maintain quality

AICPA | FICPA | GFOA | FASD | FGFOA
PA	♦-AICPA	Peer Review
Flo d? IMllluteof mlf? Puollc Acc:ounranl

FICPA Peer Review Program
dmimslered m Florida
bv The Florida Ins lute of CPAs

AICPA Peer Review Program
Administered in Florida by the Florida Institute of CPAs

March 17, 2023

Antonio Grau Grau & Associates
951 Yamato Rd Ste 280 Boca Raton, FL 33431-1809

Dear Antonio Grau:

It is my pleasure to notify you that on March 16, 2023, the Florida Peer Review Committee accepted the report on the most recent System Review of your firm. The due date for your next review is December 31, 2025. This is the date by which all review documents should be completed and submitted to the administering entity.

As you know, the report had a peer review rating of pass. The Committee asked me to convey its congratulations to the firm.

Thank you for your cooperation. Sincerely,

Peer Review Team
FICPA Peer Review Committee 850.224.2727, x5957
cc: Daniel Hevia, Racquel McIntosh

Firm Number: 900004390114	Review Number: 594791

1.19 S Monroe Stteet, Suite 121 I Tallahassee, Fl 323011850.Zl  ,2727, in Florida I www.litpa.org

Firm & Staff Experience

Profile Briefs:
Antonio J GRAU, CPA (Partner)
Years Performing Audits: 35+
CPE (last 2 years): Government Accounting, Auditing: 24 hours; Accounting, Auditing and Other: 56 hours
Professional Memberships: AICPA, FICPA, FGFOA, GFOA

David Caplivski, CPA (Partner)
Years Performing Audits: 13+
CPE (last 2 years): Government Accounting, Auditing: 24 hours; Accounting, Auditing and Other: 64 hours
Professional Memberships: AICPA, FICPA, FGFOA, FASD

YOUR ENGAGEMENT TEAM

Grau’s client-specific engagement team is meticulously organized in order to meet the unique needs of each client. Constant communication within our solution team allows for continuity of staff and audit team. The Certified Information Technology Professional (CITP) Partner will bring a unique blend of IT expertise and understanding of accounting principles to the financial statement audit of the District.

Antonio ‘Tony ‘ J. Grau, CPA
Partner
Contact: tgrau@graucpa.com | (561) 939-6672
Experience
For over 30 years, Tony has been providing audit, accounting and consulting services to the firm’s governmental, non-profit, employee benefit, overhead and arbitrage clients. He provides guidance to clients regarding complex accounting issues, internal controls and operations.
As a member of the Government Finance Officers Association Special Review Committee, Tony participated in the review process for awarding the GFOA Certificate of Achievement in Financial Reporting. Tony was also the review team leader for the Quality Review of the Office of Management Audits of School Board of Miami-Dade County. Tony received the AICPA advanced level certificate for governmental single audits.

Education
University of South Florida (1983) Bachelor of Arts
Business Administration

Clients Served (partial list)
(>300) Various Special Districts, including:

Bayside Improvement Community Development District Dunes Community Development District
Fishhawk Community Development District (I,II,IV) Grand Bay at Doral Community Development District Heritage Harbor North Community Development District

Boca Raton Airport Authority Greater Naples Fire Rescue District
Key Largo Wastewater Treatment District Lake Worth Drainage District
South Indian River Water Control
St. Lucie West Services District
Ave Maria Stewardship Community District Rivers Edge II Community Development District Bartram Park Community Development District
Bay Laurel Center Community Development District

Professional Associations/Memberships
American Institute of Certified Public Accountants Florida Government Finance Officers Association Florida Institute of Certified Public Accountants Government Finance Officers Association Member City of Boca Raton Financial Advisory Board Member

Professional Education (over the last two years)
Course	Hours
Government Accounting and Auditing	24
Accounting, Auditing and Other	56
Total Hours	80 (includes of 4 hours of Ethics CPE)
David Caplivski, CPA/CITP, Partner
Contact : dcaplivski@graucpa.com / 561-939-6676
Experience
Grau & Associates	Partner	2021-Present	
Grau & Associates	Manager	2014-2020	
Grau & Associates	Senior Auditor	2013-2014	
Grau & Associates	Staff Auditor	2010-2013	

Education
Florida Atlantic University (2009) Master of Accounting
Nova Southeastern University (2002) Bachelor of Science
Environmental Studies

Certifications and Certificates
Certified Public Accountant (2011)
AICPA Certified Information Technology Professional (2018) AICPA Accreditation COSO Internal Control Certificate (2022)

Clients Served (partial list)
(>300) Various Special Districts	Hispanic Human Resource Council
Aid to Victims of Domestic Abuse	Loxahatchee Groves Water Control District
Boca Raton Airport Authority	Old Plantation Water Control District
Broward Education Foundation	Pinetree Water Control District
CareerSource Brevard	San Carlos Park Fire & Rescue Retirement Plan CareerSource Central Florida 403 (b) Plan	South Indian River Water Control District
City of Lauderhill GERS	South Trail Fire Protection & Rescue District
City of Parkland Police Pension Fund	Town of Haverhill
City of Sunrise GERS	Town of Hypoluxo
Coquina Water Control District	Town of Hillsboro Beach
Central County Water Control District	Town of Lantana
City of Miami (program specific audits)	Town of Lauderdale By-The–Sea Volunteer Fire Pension City of West Park	Town of Pembroke Park
Coquina Water Control District	Village of Wellington East Central Regional Wastewater Treatment Facl.	Village of Golf
East Naples Fire Control & Rescue District

Professional Education (over the last two years)
Course	Hours
Government Accounting and Auditing	24
Accounting, Auditing and Other	64
Total Hours	88 (includes 4 hours of Ethics CPE)
Professional Associations
Member, American Institute of Certified Public Accountants Member, Florida Institute of Certified Public Accountants Member, Florida Government Finance Officers Association Member, Florida Association of Special Districts

References

We have included three references of government engagements that require compliance with laws and regulations, follow fund accounting, and have financing requirements, which we believe are similar to the District.

 Dunes Community Development District	
Scope of Work	Financial audit Engagement Partner	Antonio J. Grau Dates	Annually since 1998
Client Contact	Darrin Mossing, Finance Director 475 W. Town Place, Suite 114
St. Augustine, Florida 32092
	904-940-5850	

 Two Creeks Community Development District	
Scope of Work	Financial audit Engagement Partner	Antonio J. Grau Dates	Annually since 2007
Client Contact	William Rizzetta, President 3434 Colwell Avenue, Suite 200
Tampa, Florida 33614
	813-933-5571	

 Journey’s End Community Development District	
Scope of Work	Financial audit Engagement Partner	Antonio J. Grau Dates	Annually since 2004
Client Contact	Todd Wodraska, Vice President
2501 A Burns Road
Palm Beach Gardens, Florida 33410
	561-630-4922	

Specific Audit Approach

AUDIT APPROACH
Grau’s Understanding of Work Product / Scope of Services:
We recognize the District is an important entity and we are confident our firm is eminently qualified to meet the challenges of this engagement and deliver quality audit services. You would be a valued client of our firm and we pledge to commit all firm resources to provide the level and quality of services (as described below) which not only meet the requirements set forth in the RFP but will exceed those expectations. Grau & Associates fully understands the scope of professional services and work products requested. Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards, issued by the Comptroller General of the United States, and the Rules of the Auditor General of the State of Florida and any other applicable Federal, State of Local regulations. We will deliver our reports in accordance with your requirements.

Proposed segmentation of the engagement
Our approach to the audit engagement is a risk-based approach which integrates the best of traditional auditing techniques and a total systems concept to enable the team to conduct a more efficient and effective audit. The audit will be conducted in three phases, which are as follows:

PHASE I:
Preliminary Planning
PHASE II:
Execution of the Audit Plan
PHASE III:
Completion and Delivery

Phase I - Preliminary Planning
A thorough understanding of your organization, service objectives and operating environment is essential for the development of an audit plan and for an efficient, cost-effective audit. During this phase, we will meet with appropriate personnel to obtain and document our understanding of your operations and service objectives and, at the same time, give you the opportunity to express your expectations with respect to the services that we will provide. Our work effort will be coordinated so that there will be minimal disruption to your staff.
During this phase we will perform the following activities:
» Review the regulatory, statutory and compliance requirements. This will include a review of applicable federal and state statutes, resolutions, bond documents, contracts, and other agreements;
» Read minutes of meetings;
» Review major sources of information such as budgets, organization charts, procedures, manuals, financial systems, and management information systems;
» Obtain an understanding of fraud detection and prevention systems;
» Obtain and document an understanding of internal control, including knowledge about the design of relevant policies, procedures, and records, and whether they have been placed in operation;
» Assess risk and determine what controls we are to rely upon and what tests we are going to perform and perform test of controls;
» Develop audit programs to incorporate the consideration of financial statement assertions, specific audit objectives, and appropriate audit procedures to achieve the specified objectives;
» Discuss and resolve any accounting, auditing and reporting matters which have been identified.
Phase II – Execution of Audit Plan
The audit team will complete a major portion of transaction testing and audit requirements during this phase. The procedures performed during this period will enable us to identify any matter that may impact the completion of our work or require the attention of management. Tasks to be performed in Phase II include, but are not limited to the following:
» Apply analytical procedures to further assist in the determination of the nature, timing, and extent of auditing procedures used to obtain evidential matter for specific account balances or classes of transactions;
» Perform tests of account balances and transactions through sampling, vouching, confirmation and other analytical procedures; and
» Perform tests of compliance.
Phase III - Completion and Delivery

In this phase of the audit, we will complete the tasks related to year-end balances and financial reporting. All reports will be reviewed with management before issuance, and the partners will be available to meet and discuss our report and address any questions. Tasks to be performed in Phase III include, but are not limited to the following:

» Perform final analytical procedures;
» Review information and make inquiries for subsequent events; and
» Meeting with Management to discuss preparation of draft financial statements and any potential findings or recommendations.

You should expect more from your accounting firm than a signature in your annual financial report. Our concept of truly responsive professional service emphasizes taking an active interest in the issues of concern to our clients and serving as an effective resource in dealing with those issues. In following this approach, we not only audit financial information with hindsight but also consider the foresight you apply in managing operations.

Application of this approach in developing our management letter is particularly important given the increasing financial pressures and public scrutiny facing today’s public officials. We will prepare the management letter at the completion of our final procedures.
In preparing this management letter, we will initially review any draft comments or recommendations with management. In addition, we will take necessary steps to ensure that matters are communicated to those charged with governance.
In addition to communicating any recommendations, we will also communicate the following, if any:

» Significant audit adjustments;
» Significant deficiencies or material weaknesses;
» Disagreements with management; and
» Difficulties encountered in performing the audit.
Our findings will contain a statement of condition describing the situation and the area that needs strengthening, what should be corrected and why. Our suggestions will withstand the basic tests of corrective action:

To assure full agreement with facts and circumstances, we will fully discuss each item with Management prior to the final exit conference. This policy means there will be no “surprises” in the management letter and fosters a professional, cooperative atmosphere.

Communications
We emphasize a continuous, year-round dialogue between the District and our management team. We regularly communicate through personal telephone calls and electronic mail throughout the audit and on a regular basis.
Our clients have the ability to transmit information to us on our secure client portal with the ability to assign different staff with separate log on and viewing capability. This further facilitates efficiency as all assigned users receive electronic mail notification as soon as new information has been posted into the portal.

Cost of Services

Our proposed all-inclusive fees for the financial audit for the fiscal years ended September 30, 2025-2029 are as follows:

  Year Ended September 30,			Fee		
2025	$3,400	
2026	$3,500	
2027	$3,600	
2028	$3,700	
2029	$3,800	
TOTAL (2025-2029)	$18,000	

The above fees are based on the assumption that the District maintains its current level of operations. Should conditions change or Bonds are issued the fees would be adjusted accordingly upon approval from all parties concerned.

Supplemental Information

PARTIAL LIST OF CLIENTS

 	Governmental Audit	Single Audit	Utility Audit	
Current Client	
Year End	
Boca Raton Airport Authority					9/30	
Captain's Key Dependent District					9/30	
Central Broward Water Control District					9/30	
Collier Mosquito Control District					9/30	
Coquina Water Control District					9/30	
East Central Regional Wastewater Treatment Facility					9/30	
Florida Green Finance Authority					9/30	
Greater Boca Raton Beach and Park District					9/30	
Greater Naples Fire Control and Rescue District					9/30	
Green Corridor P.A.C.E. District					9/30	
Hobe-St. Lucie Conservancy District					9/30	
Indian River Farms Water Control District					9/30	
Indian River Mosquito Control District					9/30	
Indian Trail Improvement District					9/30	
Key Largo Wastewater Treatment District					9/30	
Lake Asbury Municipal Service Benefit District					9/30	
Lake Padgett Estates Independent District					9/30	
Lake Worth Drainage District					9/30	
Lealman Special Fire Control District					9/30	
Loxahatchee Groves Water Control District					9/30	
Old Plantation Water Control District					9/30	
Pal Mar Water Control District					9/30	
Pinellas Park Water Management District					9/30	
Pine Tree Water Control District (Broward)					9/30	
Pinetree Water Control District (Wellington)					9/30	
Port of The Islands Community Improvement District					9/30	
Ranger Drainage District					9/30	
Renaissance Improvement District					9/30	
San Carlos Park Fire Protection and Rescue Service District					9/30	
Sanibel Fire and Rescue District					9/30	
South Central Regional Wastewater Treatment and Disposal Board					9/30	
South Indian River Water Control District					9/30	
South Trail Fire Protection & Rescue District					9/30	
Spring Lake Improvement District					9/30	
St. Lucie West Services District					9/30	
Sunrise Lakes Phase IV Recreation District					9/30	
Sunshine Water Control District					9/30	
Sunny Hills Units 12-15 Dependent District					9/30	
West Villages Improvement District					9/30	
Various Community Development Districts (452)					9/30	
TOTAL	491	5	4	484		
ADDITIONAL SERVICES

CONSULTING / MANAGEMENT ADVISORY SERVICES
Grau & Associates also provide a broad range of other management consulting services. Our expertise has been consistently utilized by Governmental and Non-Profit entities throughout Florida. Examples of engagements performed are as follows:

	•	Accounting systems
	•	Development of budgets
	•	Organizational structures
	•	Financing alternatives
	•	IT Auditing		•	Fixed asset records
	•	Cost reimbursement
	•	Indirect cost allocation
	•	Grant administration and compliance	

ARBITRAGE

The federal government has imposed complex rules to restrict the use of tax-exempt financing. Their principal purpose is to eliminate any significant arbitrage incentives in a tax-exempt issue. We have determined the applicability of these requirements and performed the rebate calculations for more than 150 bond issues, including both fixed and variable rate bonds.

Current Arbitrage Calculations

We look forward to providing OTC Community Development District with our resources and experience to accomplish not only those minimum requirements set forth in your Request for Proposal, but to exceed those expectations!

For even more information on Grau & Associates please visit us on www.graucpa.com.

THIRD ORDER OF BUSINESS

C.
RESOLUTION 2025-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF OTC COMMUNITY DEVELOPMENT DISTRICT DESIGNATING THE OFFICERS OF THE DISTRICT, AND PROVIDING FOR AN EFFECTIVE DATE.
Whereas, OTC Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the City of Jacksonville, Florida; and

Whereas, the Board of Supervisors of the District desires to designate the Officers of the District.
Now, therefore, be it resolved by the Board of Supervisors of OTC Community Development District:

Section 1.		 is appointed Chairman.

Section 2.		 is appointed Vice Chairman.

Section 3.		 is appointed Secretary and Treasurer.

	 is appointed Assistant Secretary.
	 is appointed Assistant Secretary.
	 is appointed Assistant Secretary.
	 is appointed Assistant Treasurer.
	 is appointed Assistant Secretary.
Section 4.	This Resolution shall become effective immediately upon its adoption.
PASSED AND ADOPTED THIS 13TH DAY OF AUGUST, 2025.

ATTEST	OTC COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairman/Vice Chairman

FOURTH ORDER OF BUSINESS
MINUTES OF MEETING
OTC COMMUNITY DEVELOPMENT DISTRICT

The OTC Community Development District audit committee meeting was held Wednesday, May 14, 2025 at 10:30 a.m. at the offices of Kilinski | Van Wyk, 2529 Herschel Street, Jacksonville, Florida. 32257.

Present were:
Michelle Pierce	Chairperson
Rose Bock	Vice Chairperson
Rodney Thompson	Supervisor

Also present were:
Marilee Giles	District Manager
Mary Grace Henley	District Counsel
Stephen Reisner	District Counsel

FIRST ORDER OF BUSINESS	Roll Call
Ms. Giles called the meeting to order at 10:30 a.m.

SECOND ORDER OF BUSINESS	Approval of Auditor Selection Evaluation
Criteria
Ms. Giles presented five proposed criteria that will be used to score future proposers, including ability of personnel, proposers experience, understanding of scope of work, ability to furnish the required services, and price, each weighted equally at 20 points.

THIRD ORDER OF BUSINESS	Other Business
There being none, the next item followed.

FOURTH ORDER OF BUSINESS	Adjournment

May 14, 2025 Audit Committee	OTC CDD

2

MINUTES OF MEETING
OTC COMMUNITY DEVELOPMENT DISTRICT

A regular meeting of the Board of Supervisors of the OTC Community Development District was held Wednesday, May 14, 2025 at 10:30 a.m. at the offices of Kilinski | Van Wyk, 2529 Herschel Street, Jacksonville, Florida.

Present and constituting a quorum were:
Michelle Pierce	Chairperson
Rose Bock	Vice Chairperson
Rocky Morris by phone	Supervisor
Rodney Thompson	Supervisor

Also present were:
Marilee Giles	District Manager
Mary Grace Henley	District Counsel
Stephen Reisner	District Counsel

The following is a summary of the discussions and actions taken at the May 14, 2025 meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Giles called the meeting to order at 10:32 a.m. and called the roll.

SECOND ORDER OF BUSINESS	Audience Comments
There being no audience members present, the next item followed.

THIRD ORDER OF BUSINESS	Organizational Matters
	A.	Acceptance of Resignation of Kurt von der Osten

	A.	Consideration of Appointing a New Supervisor to Fill the Vacancy (11/2027)
This item was tabled.

	A.	Oath of Office for Newly Appointed Supervisor
This item was tabled.

	A.	Consideration of Resolution 2025-03, Designating Officers
This item was tabled.
May 14, 2025	OTC CDD

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the February 12,
2025 Meeting
There were no comments on the minutes.

FIFTH ORDER OF BUSINESS	Consideration of Work Authorization No. 1
from Alliant to Prepare a Public Facilities Report
Ms. Giles stated that Chapter 189.08 requires special districts to prepare an initial public facilities report and to update that report every seven years. The District’s last report was done in 2018.
Mr. Morris joined the meeting by phone at this time.

SIXTH ORDER OF BUSINESS	Acceptance of the Fiscal Year 2024 Audit
Report
Ms. Giles presented the fiscal year 2024 audit report noting there were no negative findings or comments to report.

SEVENTH ORDER OF BUSINESS	Acceptance	of	the	Audit	Committee’s
Recommended Criteria, and Authorizing Staff to Issue a Request for Proposals for Audit Services
The audit committee approved five criteria, each weighted equally at 20 points. The criteria include ability of personnel, proposer’s experience, understanding scope of work, ability to furnish the required services, and price.

May 14, 2025	OTC CDD

EIGHTH ORDER OF BUSINESS	Consideration of Resolution 2025-02,
Approving the Proposed Budget for Fiscal Year 2026 and Setting a Public Hearing Date
Ms. Giles presented the proposed budget for fiscal year 2026, noting it provides for an increase in assessments, however the Board can choose to use carry forward surplus to keep assessments flat. Ms. Bock and Ms. Pierce stated their preference for keeping the assessments flat.
Ms. Pierce asked what is driving the need for an increase.
Ms. Giles responded that there is a 5% increase in GMS’s fees, and the trustee’s fees and property insurance are increasing.

NINTH ORDER OF BUSINESS	Staff Reports
	A.	District Counsel
Ms. Henley reminded the Board members of the requirement to complete four hours of ethics training by December 31st. She recommended they keep some form of record that it has been completed.

	A.	District Engineer
There being nothing to report, the next item followed.

	A.	District Manager – Report on the Number of Registered Voters (0)
Ms. Giles informed the Board there are zero registered voters reported to be residing within the District’s boundaries. Next, she reminded the board members to complete their Form 1 by July 1st.

TENTH ORDER OF BUSINESS	Supervisor’s	Requests	and	Audience
Comments
There being none, the next item followed.
May 14, 2025	OTC CDD

ELEVENTH ORDER OF BUSINESS	Financial Reports
	A.	Balance Sheet and Income Statement
Copies of the financial statements through April 30, 2025 were included in the agenda package.

	A.	Assessment Receipt Schedule
A copy of the assessment receipt schedule reflecting a 99.3% collection rate was included in the agenda package.

	A.	Approval of Check Register
A copy of the check register totaling $13,026.07 was included in the agenda package.

TWELFTH ORDER OF BUSINESS	Next Scheduled Meeting – July 16, 2025 at
10:30 a.m. at the offices of Kilinski | Van Wyk
The July 16, 2025 meeting was moved to August 13, 2025.

THIRTEENTH ORDER OF BUSINESS	Adjournment

Secretary/Assistant Secretary	Chairman/Vice Chairman

FIFTH ORDER OF BUSINESS
RESOLUTION 2025-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE OTC COMMUNITY DEVELOPMENT DISTRICT RATIFYING THE ACTION OF THE DISTRICT MANAGER IN RE-SETTING THE DATE OF THE PUBLIC HEARING ON THE PROPOSED BUDGET FOR FISCAL YEAR 2025/2026; AMENDING RESOLUTION 2025-02 TO SET THE PUBLIC HEARING THEREON; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE..

WHEREAS, the OTC Community Development District (“District”) is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated in the City of Jacksonville, Duval County, Florida; and

WHEREAS, the District’s Board of Supervisors (“Board”) adopted Resolution 2025-02 on May 14, 2025, approving a proposed budget for Fiscal Year 2026 (“Proposed Budget”) and setting a public hearing for the adoption of the Proposed Budget on July 16, 2025, at 10:30 a.m. at the offices of Kilinski ǀ Van Wyk, 2529 Herschel Street, Jacksonville, Florida; and
WHEREAS, the Board now desires to ratify the District Manager’s and District staff’s actions in re-scheduling the date of the public hearing on the Proposed Budget for August 13, 2025, at 10:30 a.m., at the offices of Kilinski ǀ Van Wyk, 2529 Herschel Street, Jacksonville, Florida, and causing notice thereof to be provided pursuant to Florida law; and

WHEREAS, the Board further desires to amend Resolution 2025-02 to reflect the same.

NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE OTC COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. Resolution 2025-02 is hereby amended to reflect the re-scheduled date of the hearing on the Proposed Budget for the following date, time, and location:

DATE:	August 13, 2025
HOUR:	10:30 a.m.
LOCATION:	Kilinski ǀ Van Wyk 2529 Herschel Street Jacksonville, Florida
SECTION 2. The actions of the District Manager and District staff in re-scheduling and re-noticing the hearing on the Proposed Budget are hereby ratified and approved.
SECTION 3. Notice of this public hearing shall be published in the manner prescribed in Florida law.
SECTION 4. Except as otherwise provided herein, all of the provisions of Resolution 2025-02 continue in full force and effect.

SECTION 5. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.
SECTION 6. This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED THIS 13TH DAY OF AUGUST 2025.

ATTEST:	OTC COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chair / Vice Chair, Board of Supervisors

SIXTH ORDER OF BUSINESS

OTC
Community Development District

Approved Budget
FY2026

Table of Contents

1		General Fund	

2-3	
	Narratives	

4	
	Debt Service Fund Series 2022	

5	
	Amortization Schedule Series 2022	

6	
	Assessment Schedule	

7	
	Capital Reserve Fund	
OTC
Community Development District
Approved Budget General Fund

Description	FY 2025	7/31/24		2 Months		9/30/24	FY 2026	
REVENUES:						
Special Assessments - Tax Roll	$	84,046	$	84,286	$	-	$	84,286	$	84,046	
Interest Earned	-	1,742	500	2,242	1,000	
Carry Forward Surplus	-	-	-	-	3,740	
TOTAL REVENUES	$	84,046	$	86,027	$	500	$	86,527	$	88,786	

EXPENDITURES:						
Administrative:						
Supervisors Fees	$	1,800	$	800	$	600	$	1,400	$	1,800	
FICA Expense	138	61	46	107	138	
Engineering Fees	2,000	-	1,000	1,000	2,000	
Attorney Fees	7,500	5,043	2,457	7,500	7,500	
Arbitrage	600	-	600	600	600	
Annual Audit	3,700	3,700	-	3,700	3,700	
Assessment Roll Administration	5,618	5,618	-	5,618	5,899	
Trustee Fees	3,750	3,750	-	3,750	4,950	
Management Fees	41,292	34,410	6,882	41,292	43,357	
Information Technology	2,258	1,882	377	2,258	2,371	
Website Maintenance	1,112	927	186	1,112	1,168	
Telephone	25	10	15	25	25	
Postage & Delivery	200	93	107	200	200	
Printing & Binding	300	39	261	300	300	
Insurance General Liability	8,279	7,827	-	7,827	9,305	
Travel Per Diem	250	-	250	250	250	
Legal Advertising	2,000	451	1,677	2,128	2,000	
Other Current Charges	500	194	306	500	500	
Office Supplies	100	0	100	100	100	
Dues, Licenses, Subscriptions	175	175	-	175	175	
TOTAL ADMINISTRATIVE	$	81,598	$	64,980	$	14,863	$	79,843	$	86,338	

Operations & Maintenance						
Maintenance						
Stormwater maintenance	$	2,448	$	-	$	2,448	$	2,448	$	2,448	
Total Maintenance	$	2,448	$	-	$	2,448	$	2,448	$	2,448	
						
TOTAL EXPENDITURES	$	84,046	$	64,980	$	17,311	$	82,291	$	88,786	
						
EXCESS REVENUES (EXPENDITURES)	$	0	$	21,047	$	(16,811)	$	4,237	$	(0)	
OTC
Community Development District
Budget Narrative Fiscal Year 2026

Special Assessments - Tax Roll
The District will levy a Non-Ad Valorem assessment on all sold and platted parcels within the District in order to pay for the operating expenditures during the Fiscal Year. The assessments will be collected by the Duval County Tax Collectors Office.

Supervisors Fees
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per meeting in which they attend.
FICA Taxes
Payroll taxes on Board of Supervisor’s compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisor’s payroll expenditures.
Engineering Fees
The District's engineer England Thims and Miller, will provide general engineering services to the District, i.e. attendance and preparation for monthly board meetings, review of invoices, and other specifically requested assignments.
Attorney Fees
The District’s Attorney Kilinski Van Wyk, PLLC, will be providing general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research assigned as directed by the Board of Supervisors and the District Manager.
Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District’s Series 2022 Special Assessment Revenue Bonds. The District has contracted with Grau and Company to calculate the rebate liability and submit a report to the District.
Annual Audit
The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm Grau and Associates. The budgeted amount for the fiscal year is based on contracted fees from the previous year engagement plus anticipated increase.
Assessment Roll Administration
GMS, LLC provides assessment services for closing lot sales, assessment roll services with the local Tax Collector and financial advisory services.
Trustee Fees
The District’s Series 2022 Special Assessment Revenue Bonds are held by a trustee at Region’s Bank. The amount represents the fee for the administration of the District’s bond issue.
Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services, LLC. These services are further outlined in Exhibit “A” of the Management Agreement. District website services are included in the GMS agreement to be compliant with section 189 of the Florida Statutes.
Information Technology
The District processes all of its financial activities, i.e. accounts payable, financial statements, etc. on a main frame computer leased by Governmental Management Services, LLC.
Website Maintenance
Per Chapter 2014-22, Laws of Florida, all Districts must have a website to provide detailed information on the CDD as well as links to useful websites regarding Compliance issues. This website will be maintained by GMS, LLC and updated monthly.
Telephone
New internet and Wi-Fi service for Office.
Postage and Delivery
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.
Printing and Binding
Copies used in the preparation of agenda packages, required mailings, and other special projects.
Insurance General Liability
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. The amount is based upon similar Community Development Districts.
OTC
Community Development District
Budget Narrative Fiscal Year 2026

Travel Per Diem
Expenses the Board of Supervisors may incur due to attending an OTC Community Development District meeting or other District related travel expenses.
Legal Advertising
The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.
Other Current Charges
This includes monthly bank charges and any other miscellaneous expenses that incur during the year.
Office Supplies
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.
Due, Licenses & Subscriptions
The District is required to pay an annual fee to the Florida Department of Commerce for $175.

Stormwater
The District has entered into an agreement with Jacksonville MZL, LLC for pond maintenance services dated January 2017. The agreement provides for Argyle to provide services related to District pond/storm water facilities and to maintain compliance with St. Johns Water River Management District permit #04-031-65850-43.

Vendor	Monthly Amount	Annual Amount	
Jacksonville MZL, LLC	$204.00	$2,448.00	
OTC
Community Development District
Approved Budget
Debt Service Series 2022 Special Assessment Revenue and Refunding Bonds

REVENUES:

Special Assessments - Tax Roll	$	544,575	$	544,034	$	-	$	542,488	$	544,575	
Interest Earnings	5,000	12,527	2,500	15,027	5,000	
Carry Forward Surplus (1)	195,111	196,784	-	196,784	207,048	
TOTAL REVENUES	$	744,686	$	753,345	$	2,500	$	754,298	$	756,623		

EXPENDITURES:

Interest 11/1	$	121,125	

$	121,125	

$	-	

$	121,125	

$	114,644		
Interest 5/1	121,125	121,125	-	121,125	114,644		
Principal 5/1	305,000	305,000	-	305,000	320,000		
TOTAL EXPENDITURES	$	547,250	$	547,250	$	-	$	547,250	$	549,288		

Other Sources/(Uses)

Interfund transfer In/(Out)

$	-  $

-  $	-  $

-  $	-

(1) Carry Forward is Net of Reserve Requirement
Interest Due 11/1/26
 $	107,844 
OTC
Community Development District
AMORTIZATION SCHEDULE
Debt Service Series 2022 Special Assessment Revenue and Refunding Bonds

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	
						
11/01/25	$	5,395,000	4.250%	$	114,644	$	114,644	
05/01/26	5,395,000	4.250% $	320,000	114,644		
11/01/26	5,075,000	4.250%		107,844	542,487.50	
05/01/27	5,075,000	4.250%	330,000	107,844		
11/01/27	4,745,000	4.250%		100,831	538,675.00	
05/01/28	4,745,000	4.250%	345,000	100,831		
11/01/28	4,400,000	4.250%		93,500	539,331.25	
05/01/29	4,400,000	4.250%	360,000	93,500		
11/01/29	4,040,000	4.250%		85,850	539,350.00	
05/01/30	4,040,000	4.250%	375,000	85,850		
11/01/30	3,665,000	4.250%		77,881	538,731.25	
05/01/31	3,665,000	4.250%	395,000	77,881		
11/01/31	3,270,000	4.250%		69,488	542,368.75	
05/01/32	3,270,000	4.250%	410,000	69,488		
11/01/32	2,860,000	4.250%		60,775	540,262.50	
05/01/33	2,860,000	4.250%	430,000	60,775		
11/01/33	2,430,000	4.250%		51,638	542,412.50	
05/01/34	2,430,000	4.250%	445,000	51,638		
11/01/34	1,985,000	4.250%		42,181	538,818.75	
05/01/35	1,985,000	4.250%	465,000	42,181		
11/01/35	1,520,000	4.250%		32,300	539,481.25	
05/01/36	1,520,000	4.250%	485,000	32,300		
11/01/36	1,035,000	4.250%		21,994	539,293.75	
05/01/37	1,035,000	4.250%	505,000	21,994		
11/01/37	530,000	4.250%		11,263	538,256.25	
05/01/38	530,000	4.250%	530,000	11,263	541,262.50	
Total		$	5,395,000  $	1,740,375	$	7,135,375	
OTC
Community Development District
Non-Ad Valorem Assessments Comparison 2025-2026

Neighborhood	O&M Units	Bonds 2022 Units	
Annual Maintenance Assessments	
Annual Debt Assessments					
	
FY 2026	
FY 2025	Increase/ (decrease)	
FY 2026	
FY 2025	Increase/ (decrease)			

Commercial	

780,000	

780,000	

$0.1165	

$0.1165	

$0.00	

$0.7548	

$0.7548	

$0.00	
Total	780,000	780,000							
OTC
Community Development District
Approved Budget Capital Reserve Fund

REVENUES:

Interest Income	$	1,000	$	700	$	200	$	900	$	500		
Carry Forward Balance	17,586	17,908	-	17,908	18,808		
TOTAL REVENUES	$	18,586	$	18,608	$	200	$	18,808	$	19,308		

EXPENDITURES:
Capital Outlay	$	-	

$	-	

$	-	

$	-	

$	-		
TOTAL EXPENDITURES	$	-	$	-	$	-	$	-	$	-		

Other Sources/(Uses)						

Transfer in/(Out)	
$	-	
$	-	
$	-	
$	-	
$	-	
TOTAL OTHER SOURCES/(USES)	$	-	$	-	$	-	$	-	$	-	
						
TOTAL EXPENDITURES	$	-	$	-	$	-	$	-	$	-	
						
EXCESS REVENUES (EXPENDITURES)	$	18,586	$	18,608	$	200	$	18,808	$	19,308	

A.
RESOLUTION 2025-05

THE ANNUAL APPROPRIATION RESOLUTION OF THE OTC COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025, AND ENDING SEPTEMBER 30, 2026; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June 2025, submitted to the Board of Supervisors (“Board”) of the OTC Community Development District (“District”) proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2025 and ending September 30, 2026 (“Fiscal Year 2025”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and
WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, the Board set a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, the District Manager posted the Proposed Budget on the District’s website at least two days before the public hearing; and
WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and
WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE OTC COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BUDGET

	a.	The Board has reviewed the Proposed Budget, a copy of which is on file with the office of the District Manager and at the District’s Local Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.
	b.	The Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures.
	c.	The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the OTC Community Development District for the Fiscal Year Ending September 30, 2026.”

	a.	The Adopted Budget shall be posted by the District Manager on the District’s official website within thirty (30) days after adoption, and shall remain on the website for at least 2 years.

SECTION 2. APPROPRIATIONS

There is hereby appropriated out of the revenues of the District, for Fiscal Year 2026, the sum of $	to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:
TOTAL GENERAL FUND	$	
DEBT SERVICE FUND SERIES 2022	$	
CAPITAL RESERVE FUND(S)	$	
TOTAL ALL FUNDS	$	
SECTION 3. BUDGET AMENDMENTS
Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2026 or within 60 days following the end of the Fiscal Year 2026 may amend its Adopted Budget for that fiscal year as follows:

	a.	A line-item appropriation for expenditures within a fund may be decreased or increased by motion of the Board recorded in the minutes, and approving the expenditure, if the total appropriations of the fund do not increase.

	a.	The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if the total appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution.
	b.	Any other budget amendments shall be adopted by resolution and consistent with Florida law.

The District Manager or Treasurer must ensure that any amendments to the budget under paragraph c. above are posted on the District’s website within 5 days after adoption and remain on the website for at least 2 years.

SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 13TH DAY OF AUGUST 2025.
ATTEST:	OTC COMMUNITY
DEVELOPMENT DISTRICT

Secretary/Assistant Secretary
By:	 Its: Chairperson
Exhibit A:	Adopted Budget for Fiscal Year 2026
Exhibit A:	Adopted Budget for Fiscal Year 2026

B.
RESOLUTION 2025-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE OTC COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2026; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the OTC Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and

WHEREAS, the District is located in Duval County, Florida (“County”); and

WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors (“Board”) of the District hereby determines to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”) for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“Fiscal Year 2026”), attached hereto as Exhibit A and incorporated by reference herein; and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the Adopted Budget; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and

WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefitted lands within the District; and
WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments for operations and maintenance in the amount set forth in the Adopted Budget; and

WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect for Fiscal Year 2026; and
WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”), and the District has previously authorized the use of the Uniform Method by, among other things, entering into agreements with the Property Appraiser and Tax Collector of the County for that purpose; and

WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the OTC Community Development District (“Assessment Roll”) attached to this Resolution as Exhibit B and incorporated as a material part of this Resolution by this reference, and to certify the Assessment Roll to the County Tax Collector pursuant to the Uniform Method; and
WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll, certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE OTC COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BENEFIT & ALLOCATION FINDINGS. The Board hereby finds and determines that the provision of the services, facilities, and operations as described in Exhibit A confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands, as shown in Exhibits A and B, is hereby found to be fair and reasonable.

SECTION 2. ASSESSMENT IMPOSITION. Pursuant to Chapters 190 and 197, Florida Statutes, and using the procedures authorized by Florida law for the levy and collection of special assessments, a special assessment for operation and maintenance is hereby imposed and levied on benefitted lands within the District, and in accordance with Exhibits A and B. The lien of the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution. Moreover, pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance assessments.
SECTION 3. COLLECTION. The collection of the operation and maintenance special assessments and previously levied debt service assessments shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as indicated on Exhibits A and B. The decision to collect special assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.

SECTION 4. ASSESSMENT ROLL. The Assessment Roll, attached to this Resolution as Exhibit B, is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid
to the District.

SECTION 5. ASSESSMENT ROLL AMENDMENT. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. After any amendment of the Assessment Roll, the District Manager shall file the updates in the District records.

SECTION 6. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

SECTION 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board.

PASSED AND ADOPTED THIS 13TH DAY OF AUGUST, 2025.

ATTEST:	OTC COMMUNITY
DEVELOPMENT DISTRICT

Secretary / Assistant Secretary
By: 	

Its: Chairperson

Exhibit A:	Adopted Budget for Fiscal Year 2026
Exhibit B:	Assessment Roll
Exhibit A:	Adopted Budget for Fiscal Year 2026
Exhibit B:	Assessment Roll
OTC CDD	
FISCAL YEAR 2026 ASSESSMENT ROLL	

PARCEL ID	

DESCRIPTION	
MARKET VALUE	

OWNER	

SITE ADDRESS	

LAND USE	
DUVAL CO. LAND UNITS (2)	
BUILDABLE SQ FT UNITS (1)	
SERIES 2022 DEBT ASMNT	
FY26 O&M ASMNT	

TOTAL ASMNT	
COMMON AREAS											
R-016429-5445 County	6,176 JACKSONVILLE ELECTRIC AUTHORITY	8120 MERCHANTS GATE DR	ROW	-	-	-	-	-							
R-016429-5002 Right-Of-Way	7,212 JACKSONVILLE MZL LLC	0 MERCHANTS WAY	COMMON	-	-	-	-	-							
R-016429-5345 Waste Land	3,716 OTC COMMUNITY DEVELOPMENT DISTRICT	0 CROSSHILL BLVD	COMMON	-	-	-	-	-							
R-016429-5405 Waste Land	10,316 OTC COMMUNITY DEVELOPMENT DISTRICT	0 APPLECROSS RD	UTILITY	-	-	-	-	-							
SUBTOTAL COMMON AREAS	
27,420			-	-	-	-	-							

PAD SALE PROPERTIES (1)											
R-016429-5010	Warehouse Discount Store	6,434,443	HOME DEPOT USA INC	9751 CROSSHILL BLVD	HOME DEPOT	0	141,038	106,044.84	16,429.22	122,474.06	
R-016429-5015	Store Retail	7,637,980	KOHLS DEPARTMENT STORES INC	9701 CROSSHILL BLVD	KOHL'S	0	98,165	73,809.13	11,435.03	85,244.16	
R-016429-5025	Discount Store	12,379,011	TARGET CORPORATION	9525 CROSSHILL BLVD	TARGET	0	184,600	138,798.60	21,503.66	160,302.26	
R-016429-5045	Restaurant Fast Food	2,577,800	OAKLEAF JASZ INC	9710 APPLECROSS RD	ZAXBY'S	0	5,000	3,759.44	582.44	4,341.88	
R-016429-5065	Bank	2,003,300	COMMUNITY FIRST CREDIT UNION OF FLORIDA	9690 APPLECROSS RD	COMMUNITY FIRST BANK	0	5,000	3,759.44	582.44	4,341.88	
R-016429-5085	Shopping Ctr/Nbhd	2,436,200	9671 ARGYLE LLC	9671 ARGYLE FOREST BLVD	CHIPOLTE/T-MOBILE	0	5,000	3,759.44	582.44	4,341.88	
R-016429-5105	Store/Convenience Gas	2,941,100	HESS RETAIL STORES LLC	9651 ARGYLE FOREST BLVD	SPEEDWAY	0	4,378	3,291.77	509.98	3,801.75	
R-016429-5125	Restaurant Fast Food	2,280,100	CHICK-FIL-A INC	9630 APPLECROSS RD	CHICK FIL A	0	5,000	3,759.44	582.44	4,341.88	
R-016429-5165	Restaurant Fast Food	2,259,400	MCDONALDS USA LLC	9571 ARGYLE FOREST BLVD	MCDONALDS	0	6,000	4,511.33	698.93	5,210.26	
R-016429-5185	Restaurant Fast Food	2,009,100	ANDRADE ASSOCIATES LP	9551 ARGYLE FOREST BLVD	BURGER KING	0	5,000	3,759.44	582.44	4,341.88	
R-016429-5225	Restaurant Fast Food	1,991,500	553 JACKSONVILLE HOLDING LLC	9510 APPLECROSS RD	WENDY'S	0	4,500	3,383.50	524.20	3,907.70	
R-016429-5328	Restaurant Fast Food	2,947,400	JANSTAR VENTURES LLC	9725 APPLECROSS RD	PANERA	0	3,557	2,674.47	414.35	3,088.82	
R-016429-5330	Shopping Ctr/Nbhd	2,326,400	2 BROTHERS 1818 LLC	9711 APPLECROSS RD	JIMMY HULA, FLAME BROILERS, JERSEY MIKES	0	5,835	4,387.27	679.71	5,066.98	
R-016429-5332	Restaurant Class 2	2,055,500	LA NOPALERA MEXICAN RESTAURANT # 14 INC	9734 CROSSHILL BLVD	LA NOPALERA	0	6,850	5,150.44	797.94	5,948.38	
SUBTOTAL PAD SALE PROPERTIES (1)	52,279,234				0	479,923	360,848.55	55,905.22	416,753.77		

PARCEL ID	

DESCRIPTION		

OWNER	

SITE ADDRESS	

LAND USE	
DUVAL CO. LAND UNITS (2)	
BUILDABLE SQ FT UNITS (1)	
SERIES 2022 DEBT ASMNT	
FY26 O&M ASMNT	

TOTAL ASMNT	

OAKLEAF FAMILY CHIRO SPORTS CLIPS/ ST LEO/ ARTS IGNITED, CUT N UP, PINCH A PENNY/ DOLLAR TREE, SLICE/OSAKA, MASSAGE ENVY, UNIFORM-T/ CRAB STOP, SALLY BEAUTY, VACANCY, NAVY FEDERAL/ULTA, ROSS, BIG LOTS, MAURICES, FIVE BELOW, HOME GOODS

GAMESTOP, KNUCKLE UP, MOE'S, CHASE ATM / ORANGETHEORY, GNC, TROPICAL SMOOTHIE
CHILI'S
BRUSTERS, OAKLEAF FAMILY DENTISTRY, LAVISH SALON / PANDA EXPRESS, AVECINA, TR SIMMOS INSURANCE
AT&T, TIFFANY NAILS / ST VINCENTS, IFIX AND RESTORE
PIZZA HUT, HAIR CUTTERY, COLDWELL BANKER REALTY
PETSMART, VACANCY, VACANT, VACANT DENTISTRY 4 CHILDREN, HALLMARK, PETERBROOKE, ZELL ORTHODONTICS / COLISIUM OF COMICS, FIVE GUYS

773,713	140,465	105,614.00	16,362.47	121,976.47

75,794	13,760	10,346.10	1,602.89	11,948.99							
71,438	12,969	9,751.55	1,510.78	11,262.33							
63,162	11,467	8,621.79	1,335.75	9,957.54							
86,684	15,737	11,832.67	1,833.20	13,665.87							
131,100	23,801	17,895.53	2,772.50	20,668.03							
169,000	30,681	23,068.98	3,574.01	26,642.99							
118,500	21,513	16,175.59	2,506.04	18,681.63							

PARCEL ID	

DESCRIPTION	
MARKET VALUE	

OWNER	

SITE ADDRESS	

LAND USE	
DUVAL CO. LAND UNITS (2)	
BUILDABLE SQ FT UNITS (1)	
SERIES 2022 DEBT ASMNT	
FY26 O&M ASMNT	

TOTAL ASMNT	
R-016429-5385 Shopping Ctr/Nbhd	3,277,900 JACKSONVILLE MZL LLC	9560 CROSSHILL BLVD	LANE BRYANT, MR EYE DR., CORA HEALTH, RED
BOWL
119,500	21,695	16,312.09	2,527.18	18,839.27
R-016429-5425 Shopping Ctr/Nbhd	  1,467,900  JACKSONVILLE MZL LLC	8181 MERCHANTS GATE DR	FAMOUS FOOTWEAR, VACANT	 44,000	7,988	6,006.13	930.51	6,936.64 
SUBTOTAL KATZ PROPERTIES (2)	49,604,000	1,652,892  300,077	225,624.43	34,955.33	260,579.76

PER BUDGET / SERIES 2022 METHODOLOGY

VARIANCE (ROUNDING)

(1) CDD fees are based on the amount of square feet that can be built. These properties have agreements in place with Argyle Forest (Sembler) / Katz at the square footages the roll is using.	
(2) Properties with lease agreements. Assessments are based on Duval County Land Units which use total square footage per Duval Property Appriaser's Office. Sembler agrees with allocating assessments per parcel in this manner (7/29/09 email	
in-house counsel) No change over prior year.	
SEMBLER I.E. ARGYLE FOREST SOLD PROPERTIES TO KATZ PROPERTIES, LLC AKA JACKSONVILLE MZL, JACKSONVILLE MABROOK.	

SEVENTH ORDER OF BUSINESS
RESOLUTION 2025-07

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE OTC COMMUNITY DEVELOPMENT DISTRICT DESIGNATING A DATE, TIME AND LOCATION FOR A LANDOWNERS’ MEETING AND ELECTION; PROVIDING FOR PUBLICATION; ESTABLISHING FORMS FOR THE LANDOWNER ELECTION; AND PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE.

WHEREAS, OTC Community Development District (“District”) is a local unit of special- purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within the City of Jacksonville, Duval County, Florida; and

WHEREAS, pursuant to Section 190.006(1), Florida Statutes, the District’s Board of Supervisors (“Board”) “shall exercise the powers granted to the district pursuant to Chapter 190, Florida Statutes,” and the Board shall consist of five members; and

WHEREAS, the District is statutorily required to hold a meeting of the landowners of the District for the purpose of electing Board Supervisors for the District on a date in November established by the Board, which shall be noticed pursuant to Section 190.006(2), Florida Statutes.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF OTC COMMUNITY DEVELOPMENT DISTRICT:

	1.	EXISTING BOARD SUPERVISORS; SEATS SUBJECT TO ELECTIONS.
The Board is currently made up of the following individuals:

Seat Number	Supervisor	Term Expiration Date	
1	Michelle Pierce	11/2025	
2	Rose Bock	11/2027	
3	Vacant	11/2027	
4	Rocky Morris	11/2025	
5	Rodney Thompson	11/2025	

This year, Seat 1 currently held by Michelle Pierce, Seat 4 currently held by Rocky Morris, and Seat 5 currently held by Rodney Thompson, respectively, are subject to a landowner election by landowners in November 2025. The two candidates receiving the highest number of votes shall be elected for a term of four (4) years. The candidate receiving the next highest number of votes shall be elected for a term of two (2) years. The term of office for each successful candidate shall commence upon election.
	1.	LANDOWNER’S ELECTION. In accordance with Section 190.006(2), Florida Statutes, the meeting of the landowners to elect Board Supervisor(s) of the District shall be held on the 12th day of November 2025, at 10:30 a.m., and located at the offices of Kilinski ǀ Van
Wyk, 2529 Herschel Street, Jacksonville, Florida 32204.

	1.	PUBLICATION. The District’s Secretary is hereby directed to publish notice of the landowners’ meeting and election in accordance with the requirements of Section 190.006(2), Florida Statutes.

	1.	FORMS. Pursuant to Section 190.006(2)(b), Florida Statutes, the landowners’ meeting and election have been announced by the Board at its August 13, 2025, meeting. A sample notice of landowners’ meeting and election, proxy, ballot form and instructions were presented at such meeting and are attached hereto as Exhibit A. Such documents are available for review and copying during normal business hours at the office of the District Manager, Governmental Management Services LLC, 475 West Town Place, Suite 114 St. Augustine, Florida 32092.

	1.	SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

	1.	EFFECTIVE DATE. This Resolution shall become effective upon its passage.

PASSED AND ADOPTED this 13th day of August 2025.

ATTEST:	OTC COMMUNITY DEVELOPMENT DISTRICT

SECRETARY / ASST. SECRETARY	CHAIRPERSON / VICE CHAIRPERSON
EXHIBIT A

NOTICE OF LANDOWNERS’ MEETING AND ELECTION AND MEETING OF THE BOARD OF SUPERVISORS OF THE OTC COMMUNITY DEVELOPMENT DISTRICT

Notice is hereby given to the public and all landowners within OTC Community Development District (“District”) the location of which is generally described as comprising a parcel or parcels of land containing approximately 99.41 acres, generally located north of Argyle Forest Boulevard, west of Old Middleburg Road, east of State Road 23 in the City of Jacksonville, Duval County, Florida, advising that a meeting of landowners will be held for the purpose of electing three (3) people to the District’s Board of Supervisors (“Board”, and individually, “Supervisor”). Immediately following the landowners’ meeting there will be convened a meeting of the Board for the purpose of considering certain matters of the Board to include election of certain District officers, and other such business which may properly come before the Board.
DATE:	November 12, 2025
HOUR:	10:30 a.m.
LOCATION:	Kilinski ǀ Van Wyk 2529 Herschel Street
Jacksonville, Florida 32204
Each landowner may vote in person or by written proxy. Proxy forms may be obtained upon request at the office of the District Manager, Governmental Management Services LLC, 475 West Town Place, Suite 114 St. Augustine, Florida 32092 Ph: (904) 940-5850 (“District Manager’s Office”). At said meeting each landowner or his or her proxy shall be entitled to nominate persons for the position of Supervisor and cast one vote per acre of land, or fractional portion thereof, owned by him or her and located within the District for each person to be elected to the position of Supervisor. A fraction of an acre shall be treated as one acre, entitling the landowner to one vote with respect thereto. Platted lots shall be counted individually and rounded up to the nearest whole acre. The acreage of platted lots shall not be aggregated for determining the number of voting units held by a landowner or a landowner’s proxy. At the landowners’ meeting the landowners shall select a person to serve as the meeting chair and who shall conduct the meeting.

The landowners’ meeting and the Board meeting are open to the public and will be conducted in accordance with the provisions of Florida law. One or both of the meetings may be continued to a date, time, and place to be specified on the record at such meeting. A copy of the agenda for these meetings may be obtained from the District Manager’s Office. There may be an occasion where one or more supervisors will participate by telephone.

Any person requiring special accommodations to participate in these meetings is asked to contact the District Manager’s Office, at least 48 hours before the hearing. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Manager’s Office.

A person who decides to appeal any decision made by the Board with respect to any matter considered at the meeting is advised that such person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based.

District Manager
Run Date(s): 	 & 	
PUBLISH: ONCE A WEEK FOR 2 CONSECUTIVE WEEKS, THE LAST DAY OF PUBLICATION TO BE NOT FEWER THAN 14 DAYS OR MORE THAN 28 DAYS BEFORE THE DATE OF ELECTION, IN A NEWSPAPER WHICH IS IN GENERAL CIRCULATION IN THE AREA OF THE DISTRICT
INSTRUCTIONS RELATING TO LANDOWNERS’ MEETING OF OTC COMMUNITY DEVELOPMENT DISTRICT
FOR THE ELECTION OF SUPERVISORS

DATE OF LANDOWNERS’ MEETING: November 12, 2025
TIME: 10:30 A.M.
LOCATION:	Kilinski ǀ Van Wyk
2529 Herschel Street
Jacksonville, Florida 32204
Pursuant to Chapter 190, Florida Statutes, and after a Community Development District (“District”) has been established and the landowners have held their initial election, there shall be a subsequent landowners’ meeting for the purpose of electing members of the Board of Supervisors (“Board”) every two years until the District qualifies to have its board members elected by the qualified electors of the District. The following instructions on how all landowners may participate in the election are intended to comply with Section 190.006(2)(b), Florida Statutes.

A landowner may vote in person at the landowners’ meeting, or the landowner may nominate a proxy holder to vote at the meeting in place of the landowner. Whether in person or by proxy, each landowner shall be entitled to cast one vote per acre of land owned by him or her and located within the District, for each position on the Board that is open for election for the upcoming term. A fraction of an acre shall be treated as one (1) acre, entitling the landowner to one vote with respect thereto. For purposes of determining voting interests, platted lots shall be counted individually and rounded up to the nearest whole acre. Moreover, please note that a particular parcel of real property is entitled to only one vote for each eligible acre of land or fraction thereof; therefore, two or more people who own real property in common, that is one acre or less, are together entitled to only one vote for that real property.
At the landowners’ meeting, the first step is to elect a chair for the meeting, who may be any person present at the meeting. The landowners shall also elect a secretary for the meeting who may be any person present at the meeting. The secretary shall be responsible for the minutes of the meeting. The chair shall conduct the nominations and the voting. If the chair is a landowner or proxy holder of a landowner, he or she may nominate candidates and make second motions. Candidates must be nominated and then shall be elected by a vote of the landowners. Nominees may be elected only to a position on the Board that is open for election for the upcoming term.

This year, three (3) seats on the Board will be up for election by landowners. The two candidates receiving the highest number of votes shall be elected for a term of four (4) years. The candidate receiving the next highest number of votes shall be elected for a term of two (2) years. The term of office for each successful candidate shall commence upon election.
A proxy is available upon request. To be valid, each proxy must be signed by one of the legal owners of the property for which the vote is cast and must contain the typed or printed name of the individual who signed the proxy; the street address, legal description of the property or tax parcel identification number; and the number of authorized votes. If the proxy authorizes more than one vote, each property must be listed and the number of acres of each property must be included. The signature on a proxy does not need to be notarized.
LANDOWNER PROXY

OTC COMMUNITY DEVELOPMENT DISTRICT DUVAL COUNTY, FLORIDA
LANDOWNERS’ MEETING – NOVEMBER 12, 2025
KNOW ALL MEN BY THESE PRESENTS, that the undersigned, the fee simple owner of the lands described herein, hereby constitutes and appoints 	 (“Proxy Holder”) for and on behalf of the undersigned, to vote as proxy at the meeting of the landowners of the OTC Community Development District to be held at the offices of Kilinski ǀ Van Wyk, 2529 Herschel Street, Jacksonville, Florida 32204 on November 12, 2025, at 10:30 a.m., and at any adjournments thereof, according to the number of acres of unplatted land and/or platted lots owned by the undersigned landowner that the undersigned would be entitled to vote if then personally present, upon any question, proposition, or resolution or any other matter or thing that may be considered at said meeting including, but not limited to, the election of members of the Board of Supervisors. Said Proxy Holder may vote in accordance with his or her discretion on all matters not known or determined at the time of solicitation of this proxy, which may legally be considered at said meeting.

Any proxy heretofore given by the undersigned for said meeting is hereby revoked. This proxy is to continue in full force and effect from the date hereof until the conclusion of the landowners’ meeting and any adjournment or adjournments thereof, but may be revoked at any time by written notice of such revocation presented at the landowners’ meeting prior to the Proxy Holder’s exercising the voting rights conferred herein.

Printed Name of Legal Owner				
Signature of Legal Owner

Parcel Description		Date

Acreage	

Authorized Votes	

[Insert above the street address of each parcel, the legal description of each parcel, or the tax identification number of each parcel. If more space is needed, identification of parcels owned may be incorporated by reference to an attachment hereto.]

Total Number of Authorized Votes:

NOTES: Pursuant to Section 190.006(2)(b), Florida Statutes (2024), a fraction of an acre is treated as one (1) acre entitling the landowner to one vote with respect thereto. For purposes of determining voting interests, platted lots shall be counted individually and rounded up to the nearest whole acre. Moreover, two (2) or more persons who own real property in common that is one acre or less are together entitled to only one vote for that real property.

If the fee simple landowner is not an individual, and is instead a corporation, limited liability company, limited partnership or other entity, evidence that the individual signing on behalf of the entity has the authority to do so should be attached hereto (e.g., bylaws, corporate resolution, etc.).
OFFICIAL BALLOT
OTC COMMUNITY DEVELOPMENT DISTRICT DUVAL COUNTY, FLORIDA
LANDOWNERS’ MEETING - NOVEMBER 12, 2025

For Election (3 Supervisors): The two (2) candidates receiving the highest number of votes will each receive a four (4) year term, and the one (1) candidate receiving the next highest number of votes will receive a two (2) year term, with the term of office for the successful candidates commencing upon election.
The undersigned certifies that he/she/it is the fee simple owner of land, or the proxy holder for the fee simple owner of land, located within the OTC Community Development District and described as follows:
Description	Acreage

[Insert above the street address of each parcel, the legal description of each parcel, or the tax identification number of each parcel.] [If more space is needed, identification of parcels owned may be incorporated by reference to an attachment hereto.]
or

Attach Proxy.
I,		,	as	Landowner,	or	as	the	proxy	holder	of
	 (Landowner) pursuant to the Landowner’s Proxy attached hereto, do cast my votes as follows:

SEAT #	NAME OF CANDIDATE	NUMBER OF VOTES	
1			
4			
5			

Date: 		Signed: 	
Printed Name: 	

NINTH ORDER OF BUSINESS

B.

Professional Services Agreement for Engineering Services Between Owner/Developer and Engineer

This AGREEMENT is entered into on the    day of July in the year 2025, between the following entities (referred to in this Agreement as “the Parties”):
The Owner/Developer (hereafter “Client”):
Ms. Marilee Giles, District Manager Governmental Management Services
c/o OTC Community Development District 475 West Town Place, Suite 114
St. Augustine, Florida 32092

and the Engineer:
Alliant Engineering, Inc.
10475 Fortune Parkway, Suite 101
Jacksonville, Florida 32256

for the following Project:
2025 Annual Report for OTC CDD Jacksonville, FL

Client and Engineer enter this contract for the following Scope of Work and pricing as set forth below, subject to the attached Terms and Conditions that are incorporated herein by reference and binding on the parties to this Agreement:
Engineer’s Basic Services:

Scope	Price	
Additional Site Visit effort and 2025 Annual Report	$	1,550.00	

Total contract price for Basic Services:	
$	1,550.00	

www.alliant-inc.com	10475 Fortune Parkway, Suite 101
OTC CDD – 2025 Annual Report Proposal
June 27, 2025	PAGE 2

ASSUMPTIONS/CONDITIONS
1. This proposal for the 2025 Annual Report assumes the field visit and report generation efforts will be performed in conjunction with efforts to produce the OTC Public Facilities Report, a separate contract that was previously executed on May 21, 2025. If these efforts are performed separately in the future, additional efforts shall be computed on an hourly basis at current hourly rates.

Rates: For any services computed on an hourly basis, Client agrees to pay compensation at the hourly rates as set forth in the Rate Sheet attached to this Agreement and incorporated herein by reference. Hourly rates may increase annually.

Engineer’s Additional Services: If authorized in writing by Client at a later date, Engineer may furnish or obtain Additional Services that are not listed under Basic Services and are not considered normal or customary Basic Services in accordance with generally accepted engineering practice. Compensation for additional services shall be computed on an hourly basis at current hourly rates.

Entire Agreement; Representation of Authority: These documents constitute the entire agreement between the Parties hereto and supersede all prior agreements, proposals, representations, and commitments relating to the subject matter herein. This Agreement as originally written and printed, along with its original terms and conditions will override any other attempted modifications, except for written changes prepared and authorized pursuant to the terms of this Agreement. The persons signing this Agreement represent and warrant that they have the necessary and proper authority to execute the Agreement and bind the party for whom they sign. The Parties agree that electronic signatures, or scanned/faxed copies of signatures, are valid and enforceable as if originals.
This Agreement is effective as of the date set forth above.

Engineer	Client
Alliant Engineering, Inc.	Governmental Management Services c/o OTC CDD

(Signature)

David R. Landing, PE Senior Civil Engineer
Marilee Giles District Manager

C.

1.
NOTICE OF MEETINGS OTC
COMMUNITY DEVELOPMENT DISTRICT
The Board of Supervisors of the OTC Community Development District will hold their regularly scheduled public meetings for Fiscal Year 2026 at 10:30 a.m. at the office of Kilinski | Van Wyk, 2529 Herschel Street, Jacksonville, Florida 32204 on the second Wednesday of the following months, unless otherwise indicated:
November 12, 2025 (Landowner’s Election Only)
February 11, 2026
May 13, 2026
July 15, 2026 (*Third Wednesday)

2.
OTC Community Development District Performance Measures/Standards & Annual Reporting Form
October 1, 2025 – September 30, 2026

	1.	 Community Communication and Engagement Goal 1.1: Public Meetings Compliance
Objective: Hold regular Board of Supervisor meetings to conduct CDD-related business and discuss community needs.
Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements.
Standard: A minimum of two board meetings were held during the Fiscal Year or more as may be necessary or required by local ordinance and establishment requirements.
Achieved: Yes D No D
Goal 1.2: Notice of Meetings Compliance
Objective: Provide public notice of each meeting at least seven days in advance, as specified in Section 190.007(1), using at least two communication methods.
Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication.
Standard: 100% of meetings were advertised with 7 days’ notice per statute by at least two methods (i.e., newspaper, CDD website, electronic communications).
Achieved: Yes D No D
Goal 1.3: Access to Records Compliance
Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks.
Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records.
Standard: 100% of monthly website checks were completed by District Management.
Achieved: Yes D No D
	1.	 Financial Transparency and Accountability Goal 2.1: Annual Budget Preparation
Objective: Prepare and approve the annual proposed budget by June 15 and adopt the final budget by September 30 each year.
Measurement: Proposed budget was approved by the Board before June 15 and final budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records.
Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website.
Achieved: Yes D No D
Goal 2.2: Financial Reports
Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current fiscal year budget with any amendments, and most recent financials within the latest agenda package.
Measurement: Annual audit, previous years’ budgets, and financials are accessible to the public as evidenced by corresponding documents on the CDD’s website.
Standard: CDD website contains 100% of the following information: Most recent annual audit, most recently adopted/amended fiscal year budget, and most recent agenda package with updated financials.
Achieved: Yes D No D
Goal 3.3: Annual Financial Audit
Objective: Conduct an annual independent financial audit per statutory requirements and publish the results to the CDD website for public inspection and transmit to the State of Florida.
Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida.
Standard: Audit was completed by an independent auditing firm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida.
Achieved: Yes D No D

Chair/Vice Chair:			Date:	 Print Name:		
OTC Community Development District

District Manager:			Date:	 Print Name:		
OTC Community Development District

ELEVENTH ORDER OF BUSINESS

A.

OTC
Community Development District

Unaudited Financial Reporting
July 31, 2025

OTC
Community Development District Combined Balance Sheet
July 31, 2025

	General Fund	Debt Service Fund	Capital Reserve Fund	Totals Governmental Funds		

Assets:
Cash:
Operating Account	

$	17,243	

$	-	

$	-	

$	17,243		
Due from General Fund	-	5,119	-	5,119		
Investments:
State Board of Administration (SBA)	

101,742	

-	

18,608	

120,350		
Series 2019 Reserve	

-	

54,977	

-	

54,977		
Interest	-	41	-	41		
Revenue	-	200,825	-	200,825		
Sinking	-	106	-	106		
Cost of Issuance	-	3	-	3		
Total Assets	$	118,984	$	261,072	$	18,608	$	398,664		

Liabilities:						
Due to Debt Service	$	5,119	$	-	$	-	$	5,119			
Total Liabilities	$	5,119	$	-	$	-	$	5,119			

Fund Balance:
Restricted for:
Debt Service - Series	$	-	

$	261,072	

$	

-	$	261,072			
Assigned for:						
Capital Reserves	-	-	18,608	18,608		
Unassigned	113,865	-	-	113,865		
Total Fund Balances	$	113,865	$	261,072	$	18,608	$	393,545		
						
Total Liabilities & Fund Balance	$	118,984	$	261,072	$	18,608	$	398,664		
OTC
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending July 31, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 07/31/25	Thru 07/31/25	Variance	

Revenues:					
Special Assessments - Tax Roll	$	84,046	$	84,046	$	84,286	$	240	
Interest Income	-	-	1,742	1,742	
Total Revenues	$	84,046	$	84,046	$	86,027	$	1,981	

Expenditures:					
General & Administrative:					
Supervisors	$	1,800	$	1,500	$	800	$	700	
FICA Expense	138	115	61	54	
Engineering Fees	2,000	1,667	-	1,667	
Attorney Fees	7,500	6,250	5,043	1,207	
Arbitrage	600	500	-	500	
Annual Audit	3,700	3,700	3,700	-	
Assessment Roll	5,618	5,618	5,618	-	
Trustee Fees	3,750	3,750	3,750	-	
Management Fees - GMS	41,292	34,410	34,410	0	
Information Technology	2,258	1,882	1,882	0	
Website Maintenance	1,112	927	927	0	
Telephone	25	21	10	11	
Postage	200	167	93	73	
Printing & Binding	300	250	39	211	
Insurance	8,279	8,279	7,827	452	
Travel	250	208	-	208	
Legal Advertising	2,000	1,667	451	1,216	
Other Current Charges	500	417	194	223	
Office Supplies	100	83	0	83	
Dues, Licenses, Subscriptions	175	175	175	-	
Total General & Administrative	$	81,598	$	71,585	$	64,980	$	6,605	

Operations & Maintenance					
Stormwater Maintenance	$	2,448	$	2,040	$	-	$	2,040	
Total Operations & Maintenance	$	2,448	$	2,040	$	-	$	2,040	
					
Total Expenditures	$	84,046	$	73,625	$	64,980	$	8,645	
					
Excess (Deficiency) of Revenues over Expenditures	$	0	$	10,421	$	21,047	$	10,626	
					
Net Change in Fund Balance	$	0	$	10,421	$	21,047	$	10,626	
					
Fund Balance - Beginning	$	-		$	92,818		
					
Fund Balance - Ending	$	0		$	113,865		
OTC
Community Development District Month to Month

Revenues:

Special Assessments - Tax Roll	$	-	$	37,167	$	44,595	$	-	$	-	$	-	$	1,731	$	-	$	793	$	-	$	-	$	-	$	84,286	
Interest Income	-	-	-	-	-	312	292	456	681	-	-	-	1,742					
Total Revenues	$	-	$	37,167	$	44,595	$	-	$	-	$	312	$	2,023	$	456	$	1,475	$	-	$	-	$	-	$	86,027						

Expenditures:													
General & Administrative:													
Supervisors	$	-	$	-	$	-	$	-	$	-	$	400	$	-	$	-	$	400	$	-	$	-	$	-	$	800						
FICA Expense	-	-	-	-	-	31	-	-	31	-	-	-	61		
Engineering Fees	-	-	-	-	-	-	-	-	-	-	-	-	-		
Attorney Fees	-	-	-	117	1,318	-	-	-	3,609	-	-	-	5,043		
Arbitrage	-	-	-	-	-	-	-	-	-	-	-	-	-		
Annual Audit	-	-	-	-	-	-	3,700	-	-	-	-	-	3,700		
Assessment Roll	5,618	-	-	-	-	-	-	-	-	-	-	-	5,618		
Trustee Fees	-	-	-	-	-	-	-	3,750	-	-	-	-	3,750		
Management Fees - GMS	3,441	3,441	3,441	3,441	3,441	3,441	3,441	3,441	3,441	3,441	-	-	34,410		
Information Technology	188	188	188	188	188	188	188	188	188	188	-	-	1,882		
Website Maintenance	93	93	93	93	93	93	93	93	93	93	-	-	927		
Telephone	-	-	-	-	-	-	-	-	-	10	-	-	10		
Postage	6	1	-	-	23	13	-	1	48	1	-	-	93		
Printing & Binding	1	-	0	0	0	19	-	1	17	0	-	-	39		
Insurance	7,827	-	-	-	-	-	-	-	-	-	-	-	7,827		
Travel	-	-	-	-	-	-	-	-	-	-	-	-	-		
Legal Advertising	-	-	-	-	-	-	-	100	111	240	-	-	451		
Other Current Charges	-	-	-	-	22	-	17	34	58	62	-	-	194		
Office Supplies	0	-	-	-	-	-	0	-	-	0	-	-	0		
Dues, Licenses, Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175		
Total General & Administrative	$	17,349	$	3,723	$	3,722	$	3,839	$	5,085	$	4,185	$	7,439	$	7,609	$	7,994	$	4,035	$	-  $	-  $	64,980		

Operations & Maintenance													
Stormwater Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-		
Total Operations & Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-		
													
Total Expenditures	$	17,349	$	3,723	$	3,722	$	3,839	$	5,085	$	4,185	$	7,439	$	7,609	$	7,994	$	4,035	$	-  $	-  $	64,980		
													
Excess (Deficiency) of Revenues over Expenditures	$	(17,349)	$	33,444	$	40,872	$	(3,839)	$	(5,085)	$	(3,873)	$	(5,416)	$	(7,153)	$	(6,519)	$	(4,035)	$	-  $	-  $	21,047		
													
Net Change in Fund Balance	$	(17,349)	$	33,444	$	40,872	$	(3,839)	$	(5,085)	$	(3,873)	$	(5,416)	$	(7,153)	$	(6,519)	$	(4,035)	$	-  $	-  $	21,047		
OTC
Community Development District Debt Service Fund Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending July 31, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 07/31/25	Thru 07/31/25	Variance	

Revenues:					
Special Assessments - Tax Roll	$	544,575	$	544,575	$	544,034	$	(541)	
Interest Income	5,000	5,000	12,527	7,527	
Total Revenues	$	549,575	$	549,575	$	556,561	$	6,986	

Expenditures:					
Interest - 11/1	$	121,125	$	121,125	$	121,125	$	-	
Interest - 5/1	121,125	121,125	121,125	-	
Principal - 5/1	305,000	305,000	305,000	-	
Total Expenditures	$	547,250	$	547,250	$	547,250	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,325	$	2,325	$	9,311	$	6,986	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	2,325	$	2,325	$	9,311	$	6,986	
					
Fund Balance - Beginning	$	195,111		$	251,761		
					
Fund Balance - Ending	$	197,436		$	261,072		
OTC
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending July 31, 2025

Adopted	Prorated Budget	Actual		
Budget	Thru 07/31/25	Thru 07/31/25	Variance	

Revenues

Interest	

$	1,000	

$	833	

$	700	

$	(133)	
Total Revenues	$	1,000	$	833	$	700	$	(133)	

Expenditures:

Capital Outlay	

$	-	

$	-	

$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	1,000		$	700		

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	-	

$	-	

$	-	

$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	1,000		$	700		
					
Fund Balance - Beginning	$	17,813		$	17,908		
					
Fund Balance - Ending	$	18,813		$	18,608		
OTC
Community Development District Long Term Debt Report

Series 2022, Special Assessment Revenue and Refunding Bonds			

Interest Rate:	
4.25%		
Maturity Date:	5/1/2038		
Reserve Fund Definition	10% Max Annual Debt		
Reserve Fund Requirement	$	54,977		
Reserve Fund Balance	54,977		
Bonds outstanding - 7/18/2022		$  6,270,000	
Mandatory Principal- 5/1/2023		(280,000)	
Mandatory Principal- 5/1/2024		(290,000)	
Mandatory Principal- 5/1/2025		(305,000)	
Current Bonds Outstanding	$  5,395,000		

B.
OTC COMMUNITY DEVELOPMENT DISTRICT	
SUMMARY OF FY2025 ASSESSMENT RECEIPTS	

TOTAL TAX ROLL	# UNITS
ASSESSED	DEBT ASSESSED	O&M ASSESSED	TOTAL
ASSESSED	
NET REVENUE TAX ROLL	780,000
 		542,487.51	84,046.00	626,533.51	

SUMMARY TAX ROLL COLLECTIONS					
DUVAL COUNTY
DISTRIBUTION	DATE RECEIVED	SERIES 2022 DEBT
RECEIVED	O&M RECEIVED	TOTAL
RECEIVED	
1	11/06/24	4,064.36	629.68	4,694.04	
2	11/15/24	-	-	-	
3	11/21/24	3,049.49	472.45	3,521.94	
4	11/29/24	232,783.35	36,064.44	268,847.79	
5	12/05/24	84,376.10	13,072.14	97,448.24	
6	12/10/24	3,482.75	539.57	4,022.32	
7	12/19/24	199,984.64	30,983.03	230,967.67	
8	01/07/25	-	-	-	
9	01/21/25	-	-	-	
10	02/06/25	3,555.30	550.81	4,106.11	
11	02/21/25	-	-	-	
12	03/06/25	-	-	-	
13	03/18/25	-	-	-	
14	04/03/25	-	-	-	
15	04/21/25	7,618.52	1,180.31	8,798.83	
16	05/06/25	-	-	-	
17	05/21/25	-	-	-	
18	06/06/25	-	-	-	
19	06/26/25	5,119.28	793.11	5,912.39	
		-	-		
TOTAL COUNTY
DISTRIB.		544,033.79	84,285.54	628,319.33	

BALANCE DUE		
(1,546.28)	
(239.54)	
(1,785.82)	

C.
OTC
Community Development District

Check Run Summary

from 5/1/2025 thru 7/31/2025

General Fund

Payroll
Wells Fargo Bank

5/16/31	50050-50051

$	369.40
Subtotal	$	369.40
Accounts Payable
Wells Fargo Bank
5/5/25	791
$	10,634.25
Subtotal	$	10,634.25

Accounts Payable				
Valley National Bank				
	5/6/25	52-53	$	3,821.84	
	5/13/25	54	3,724.48	
	5/21/25	55-56	1,573.50	
	6/10/25	57	3,786.32	
	6/17/25	58-59	1,702.22	
	7/9/25	60-62	7,505.70	
	7/22/25	63-64	683.50	
		Subtotal	$	22,797.56	
				
Total			$	33,801.21	
PR300R	PAYROLL CHECK REGISTER	RUN 5/16/25 PAGE	1
CHECK	EMP #	EMPLOYEE NAME	CHECK	CHECK
#	AMOUNT	DATE

- 5-00-50-
1  - -
R-OC-KW-EL-L-A-. -MO-RRIS
- - - -
1-84-.7-0- -5/-16-/2-02-5- -
- 5-00-51-
2 - - -
R-OS-E-s.-
B-OC-K- - - -	- - -
1-84-.7-0- -5/-16-/2-02-5-
TOTAL FOR REGISTER	369.40

OTC OAKLEAF	OLAUGHLIN
Attendance Sheet
District Name:	OTC CDD
Board Meeting Date: May 14, 2025 Meeting

The Supervisors present at the above-referenced meeting should be compensated accordingly.

Approved for Payment:
1-'\c..j 	l ?	2ol-',
Date

PLEASE RETURN COMPLETED FORM TO DANIEL LAUGHLIN
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/05/25	PAGE	1
*** CHECK DATES 05/01/2025 - 07/31/2025 ***	OTC - GENERAL
BANK A OTC - GENERAL
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/05/25 00021	5/05/25 05052025 202505 300-20700-10100	*	10,634.25
FY25 DEBT SVC ASSESSMENTS
OTC CDD - REVENUE ACCOUNT	10,634.25 000792
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	10,634.25
TOTAL FOR REGISTER	10,634.25

OTC	OAKLEAF	OKUZMUK

OTC
COMMUNITY DEVELOPMENT DISTRICT

General Fund

Check Request

Date	Amount		Authorized By	

May 512025	
$10,634.25

Payable to:		
Oksana Kuzmuk	
	
OTC CDD - Revenue Account	
#21 (Bank A)		

Date Check Needed:	Budget Category: ASAP	 I -300-20700-10100

Intended Use of Funds Reauested·

FY2025 Debt Servise Assessments	

	

(Attach sunnortina documentation for reauest.)	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/05/25	PAGE	1
*** CHECK DATES 05/01/2025 - 07/31/2025 ***	OTC - GENERAL
BANK B OTC - VALLEY NAT'L
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
5/06/25 00002	4/01/25 250	202504 310-51300-34000	*	3,441.00
APR MANAGEMENT FEES
4/01/25 250	202504 310-51300-35100	*	92.67
APR WEBSITE ADMIN
4/01/25 250	202504 310-51300-35100	*	188.17
APR INFORMATION TECH
GOVERNMENTAL MANAGEMENT SERVICES	3,721.84 000052
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/06/25 00010	5/01/25 25-02288 202505 310-51300-48000	*	100.00
NOTICE OF MEETING 5/14/25
JACKSONVILLE DAILY RECORD	100.00 000053
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/13/25 00002	5/01/25 251	202505 310-51300-34000	*	3,441.00
MAY MANAGEMENT FEES
5/01/25 251	202505 310-51300-35100	*	92.67
MAY WEBSITE ADMIN
5/01/25 251	202505 310-51300-35100	*	188.17
MAY INFORMATION TECH
5/01/25 251	202505 310-51300-51000	*	.06
OFFICE SUPPLIES
5/01/25 251	202505 310-51300-42000	*	1.38
POSTAGE
5/01/25 251	202505 310-51300-42500	*	1.20
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	3,724.48 000054
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/25 00031	4/14/25 11905	202503 310-51300-31500	*	834.00
MAR GENERAL COUNSEL
KILINSKI VAN WYK PLLC	834.00 000055
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/21/25 00031	5/16/25 12159	202504 310-51300-31500	*	739.50
APR GENERAL COUNSEL
KILINSKI VAN WYK PLLC	739.50 000056
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
252	202506 310-51300-34000	*	3,441.00
JUN MANAGEMENT FEES
252	202506 310-51300-35100	*	92.67
JUN WEBSITE ADMIN
252	202506 310-51300-35100	*	188.17
JUN INFORMATION TECH
252	202506 310-51300-51000	*	.15
OFFICE SUPPLIES 252
POSTAGE 252
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	3,786.32 000057
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
OTC	OAKLEAF	OKUZMUK
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	8/05/25	PAGE	2
*** CHECK DATES 05/01/2025 - 07/31/2025 ***	OTC - GENERAL
BANK B OTC - VALLEY NAT'L
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
6/17/25 00010	6/12/25 25-03176 202506 310-51300-48000	*	110.50
NOTICE OF MEETING-6/24/25
JACKSONVILLE DAILY RECORD	110.50 000058
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/17/25 00031	6/13/25 12369	202505 310-51300-31500	*	1,591.72
MAY GENERAL COUNSEL
KILINSKI VAN WYK PLLC	1,591.72 000059
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
253	202507 310-51300-34000	*	3,441.00
JUL MANAGEMENT FEES
253	202507 310-51300-35100	*	92.67
JUL WEBSITE ADMIN
253	202507 310-51300-35100	*	188.17
JUL INFORMATION TECH
253	202507 310-51300-51000	*	.06
OFFICE SUPPLIES
253	202507 310-51300-42000	*	1.38
POSTAGE 253
COPIES 253
TELEPHONE
GOVERNMENTAL MANAGEMENT SERVICES	3,733.45 000060
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/09/25 00012	6/26/25 124700	202506 310-51300-32300	*	3,750.00
FY25 TRUSTEE FEES
REGIONS BANK	3,750.00 000061
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/09/25 00032	6/30/25 06302025 202506 310-51300-49000	*	22.25
MILEAGE REIMBURSEMENT
ROSE S. BOCK	22.25 000062
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/22/25 00010	7/17/25 25-03929 202507 310-51300-48000	*	240.00
NOTICE OF MEETING-8/12/25
JACKSONVILLE DAILY RECORD	240.00 000063
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/22/25 00031	7/12/25 12619	202506 310-51300-31500	*	443.50
JUN GENERAL COUNSEL
KILINSKI VAN WYK PLLC	443.50 000064
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK B	22,797.56
TOTAL FOR REGISTER	22,797.56

OTC	OAKLEAF	OKUZMUK
Governmental Management Services, LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092

Bill To:
OTCCDD
475 West Town Place St. Augustine, FL 32092
Invoice

Invoice #: 250
Invoice Date: 4/1/25
Due Date: 4/1/25
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

Management Fees - April 2025 Website Administration - April 2025 Information Technology - April 2025		3,441.00
92.67
188.17	3,441.00
92.67
188.17	

RECEIVED				
By Tara Lee at 11:47 am, May 05, 2025				

Total	$3,721.84	
Payments/Credits	$0.00	
Balance Due	$3,721.84	
Jacksonville Daily Record
A Division of
DAILY RECORD & OBSERVER, LLC
P.O. Box 1769
Jacksonville, FL 32201
(904) 356-2466
INVOICE		May I, 2025	
Date

Attn: Courtney Hogge GMS,LLC
475 West Town Place, Ste I 14
Saint Augustine	FL	32092

Serial#  25-02288D	PO/File# 			$100.00
Payment Due
Notice of Audit Committee Meeting and Regular meeting of the Board of
Supervisors	$100.00
Publication Fee
OTC Community Development District

Case Number			 Publication Dates	 5/1	
County  Duval
-	?

Payment is due before the Proof of Publication is released.
Amount Paid

Payment Due Upon Receipt
For your convenience, you may remit payment online at www.jaxdailyrecord.com/ send-payment.
If your payment is being mailed, please reference Serial # 25-02288D on your check or remittance advice.

Your notice was published on bothjaxdailyrecord.com audfloridapublicnotices.com.
"enns: Net 30 days from date of invoice. Past due items will accrue a finance charge of 1.5% per month thereafter.
Please remit any payment due upon receipt of this invoice,
Preliminary Proof Of Legal Notice
(This is not a proof of publication.)

Please read copy of this advertisement and advise us of any necessary corrections before further publications.

NOTICE OF AUDIT CO1\11\HTTEE .MEETING A.t'ID REGULAR MEETING OF THE BOARD OF SUPERVISORS OF THE OTC COMMUNITY DEVELOPMfu'lT DISTRICT
Notice is hereby given that the OTC Community Development District ("Disti-ict") Audit Com­ mittee will meet on Wednesday, May 14, 2025, at 10:30 a.m. at
Lhe office or Kilinski I Van \Vyk,
2529 Herschel Skeet, Jackson­ ville, Florida 32204 to review an<l select auditor selection evalu­ ation criteria. lmmediatelv follow­ ing the audit committee·meeting will be the regular meeting of the Board of Supervisors ("Board").
The meetings are open to the public and will be conducted in accordance with the provisions of F\urida Law for Cmnmunitv Development Distl'icls. A copy ?f the agenda for these meeting may be ubt.i.ined from the office uf the District Mmwgc1; 475 West Town Place, Suite 114, St. Augustine, Florida 32092, (9M) 9•10-5850.
The meetings may be continued to a date, time, and plncc tu be speci­ fied on the record at the meetings. There may be occasions when one or more Supervisors will pa1tid­ p.ite hy telephone.
Any person requiring special accommodations at these meet­ inbrs because of n disahilit\• or physical impairment should "cun­ t11ct the District Manager's Office at least forty-eight (48) hours prior to the meeting. If you are heiu·ing ur speech impaired, please contact thl" Florida Relay Service by dialing 7-1-1, or1·800-955-8771 (TTY) / 1-800•955-8770 (Voice),
for aid in contacting the District
Manager's Office.
A person who decides to appeal any decision ma<le by the Board with respect to any matter con­ sidered ut the meetings is advised that this same person will need a record of the proceedings ,md that accordingly, the person may need to ensure that a n?rbatim record of the proc1..,edings is made, includ­ ing the testimony and evidence upon which tlie npp('nl is to he based.
.Tim Oliver District Mmrnger
May J	oo (2.5-02288D)
Governmental Management Services, LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092
Invoice

Bill To:
OTCCDD
475 West Town Place St. Augustine, FL 32092
Invoice#: 251
Invoice Date: 5/1/25
Due Date: 5/1/25
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

Management Fees - May 2025 Website Administration - May 2025 Information Technology - May 2025 Office Supplies
Postage Copies		3,441.00
92.67
188.17
0.06
1.38
1.20	3,441.00
92.67
188.17
0.06
1.38
1.20	

KB,INSKI I VAN \VYK
Kilinski I Van Wyk PLLC
INVOICE
Invoice # 11905 Date: 04/14/2025 Due On: 05/14/2025

P.O. Box 6386
Tallahassee, Florida 32314

OTC CDD
475 West Town Place Suite 114 St. Augustine, Florida 32092

OTC CDD - 01 GENERAL COUNSEL/MONTHLY MEETING

Type	Attorney	Date	Notes	Quantity	Rate	Total	
Service	LG	03/07/2025	Research case law regarding public comment periods; prepare amendments to Opportunity to be Heard Resolution.	0.10	$365.00	$36.50	
Service	CL	03/12/2025	Review draft minutes from February board meeting; Confer with C. Hogge re: the same.	0.20	$295.00	$59.00	
Service	JK	03/19/2025	Review audit letter and transmit same	0.10	$365.00	$36.50	
Service	KB	03/20/2025	Prepare auditor letter response; transmit same.	0.30	$185.00	$55.50	
Service	CD	03/25/2025	Draft New Supervisor Letter for Rodney Thompson; Research OTC COD Website for information relating to District Manager, Ordinance adoption, Notice of Boundary Amendment Adoption, and Budget for 2025; Compile Notebook; Revise Supervisor Responsibilities; Review and revise Ethics documents and memo re social mediation. Transmit notebook to district staff for review and comment; Strategy communication with district staff regarding budget resolution	1.10	$185.00	$203.50	
Service	RVW	03/25/2025	Monitor legislation affecting District and provide newsletter summary of same.	0.20	$365.00	$73.00	
Service	CD	03/27/2025	Prepare Budget Approval Resolution; Review District website; Research	0.30	$185.00	$55.50	
Invoice# 11905 - 04/14/2025

2024 Budget documents and minutes
Service	CD	03/28/2025 Prepare Annual Appropriation	1.00	$185.00	$185.00
Resolution for FY 2025/2026; Prepare Resolution regarding determining benefit of Special Assessment; Collection of Special Assessment and Certifying Assessment Roll
Service	CD	03/31/2025 Revise Approval Resolution;	0.70	$185.00	$129.50
Research OTC Website relating to
budget approval and appropriations; Email drafts of Approval, Appropriation and Assessment Resolutions to District Staff for review. Revise Supervisor notebook Responsibilities page; Complile final Supervisor Notebook; Email to Rodney Thompson.

Total	$834,00

Detailed Statement of Account

Current Invoice

Invoice Number

11905

Due On

05/14/2025

Amount Due
$834.00

Payments Received
$0.00

Balance Due
$834.00
Outstanding Balance Total Amount Outstanding
$834.00
$834,00

Please make all amounts payable to: Kilinski I Van Wyk PLLC Please pay within 30 days.

KB,INSKI I VAN \VYK
Kilinski I Van Wyk PLLC
INVOICE
Invoice# 12159 Date: 05/16/2025 Due On: 06/15/2025

P.O. Box 6386
Tallahassee, Florida 32314

OTC COD
475 West Town Place Suite 114 St. Augustine, Florida 32092

OTC CDD - 01 GENERAL COUNSEL/MONTHLY MEETING

Type	Attorney	Date	Notes	Quantity	Rate	Total	
Service	JK	04/11/2025	Review audited financial statements	0.50	$365.00	$182.50	
			and provide comments thereto				
Service	CL	04/12/2025	Confer with M. Giles regarding	0.10	$295.00	$29.50	
			reimbursement policy.				
Service	SR	04/30/2025	Reviewed Agenda for the upcoming	0.40	$285.00	$114.00	
			May meeting.				
Service	CL	04/30/2025	Review draft agenda (.1); Confer with
S. Reisner regarding district history	0.30	$295.00	$88.50	
			(.2).				
Service	SR	04/30/2025	Drafted Resolution for budget.	0.50	$285.00	$142.50	
Service	JK	04/30/2025	Review agenda and provide comments thereto; review budget	0.30	$365.00	$109.50	
			resolution and associated documents				
			and confer with team on same				
Service	RVW	04/30/2025	Monitor legislation affecting District	0.20	$365.00	$73.00	
			and provide newsletter summary of				
			same.				
					Total	$739.50	

Detailed Statement of Account

Other Invoices
Invoice# 12159 - 05/16/2025

Invoice Number	Due On	Amount Due	Payments Received	Balance Due	
11905	05/14/2025	$834.00	$0.00	$834.00	
Current Invoice					
Invoice Number	Due On	Amount Due	Payments Received	Balance Due	
12159	06/15/2025	$739.50	$0.00	$739.50	
Outstanding Balance	$1,573.50 Total Amount Outstanding	$1,573.50

Please make all amounts payable to: Kilinski I Van Wyk PLLC Please pay within 30 days.
Governmental Management Services, LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092
Invoice

Bill To:
OTC COD
475 West Town Place St. Augustine, FL 32092
Invoice #: 252
Invoice Date: 6/1/25
Due Date: 6/1/25
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

Management Fees - June 2025 Website Administration - June 2025 Information Technology - June 2025 Office Supplies
Postage Copies		3,441.00
92.67
188.17
0.15
47.68
16.65	3,441.00
92.67
188.17
0.15
47.68
16.65	

Jacksonville Daily Record
A Division of
DAILY RECORD & OBSERVER, LLC
P.O. Box 1769
Jacksonville, FL 32201
(904) 356-2466
INVOICE		June 12, 2025	
Date

Attn: Courtney Hogge GMS,LLC
475 West Town Place, Ste 114
Saint Augustine	FL	32092

Serial # 25-03180D	PO/File#	$110.50
Payment Due
Request for Proposals for Annual Audit Services

OTC Community Development District

$110.50
Publication Fee

Case Number			Amount Paid

Publication Dates	6/12

County	Duval
-----------

Payment is due before the Proof of Publication is released.
Payment Due Upon Receipt
For your convenience, you may remit payment online at www.jaxdailyrecord.com/ send-payment.
If your payment is being mailed, please reference Serial # 25-03180D on your check or remittance advice.

Your notice was published on bothjaxdailyrecord.com andjloridapublicnotices.com.
'erms: Net 30 days from date of invoice. Past due items will accrue a finance charge of 1.5% per month thereafter.
Please remit any payment due upon receipt of this invoice.
Preliminary Proof Of Legal Notice
(This is not a proof of publication.)
Please read copy of this advertisement and advise us of any necessary corrections before further publications.

OTC COMMUNITY DEVELOPMENT DISTRICT REQUEST FOR PROPOSALS FORANNUAL
AUDIT SERVICES
The OTC Community Devel­ opment Dishict hereby requests proposals for annual financial auditing services. The proposal must provide for the auditing of the District's financial records for the fiscal year ending September 30, 2025, with an option for four additional annual renewals. The District is a local unit of special­ purpose government created under Chapter 190, Florida Stat­ ute.,, for the purpose of financing, constructing, and n1aintaining public infr>Lstructure. The District is located in Duval County and has a general fund, debt ser?ice fund and capital reserve fund.
Each auditing entity submitting a proposal must he authorized to do business in Florida, hold all applicable state and federal pro­ fessional licenses in good stand­ ing, duly licensed under Chap­ ter 473, Florida Statutes, and he qualified to conduct audits in accordance with ''Govenunent Auditing Standards," as adopted by the Florida Board of Accoun­ tancv. Audits shall he conducted in accordance with Florida Law and particularly Section 218.:!9, Florida Stah1te.,, and the rules of the Florida Auditor General.
Proposal packages, which include  evaluation  criteria and instmctions to proposers, are available from the District Recording Secretary at ,175 West Town Place, Suite 114, St. Augus­ tine, Florida 32092, via e-mail al chogge(a1gmsnf.c0111, nnd tele? phone (8(i5) 238-2622.
Proposers must provide one (1) electronic copy of their proposal to Distiict Recording Secretary Courtney Hogge, at !'bogge@ gmsnf.com. Proposals must be received by 3:00 p.m. on Tuesday,
.July 8, 2025. Proposals received after this time will not he eligible for consideration. The District reserves the right to reject any and all proposals, make modifi­ cations to the scope of the work, and waive any n1inor infor111a1i­ ties or irregularities in proposals as it deems appropriate. Please direct all questions regarding this Notice to the District Recording Secretarv.
OTC Conununity Development District
Mmilee Giles, District Mam1brer
.Jun. 12	oo (25-0,1180D)
INVOICE

Invoice# 12369
KILINSKI	VANWYK	Date: 06/13/2025
Due On: 07/13/2025
Kilinski I Van Wyk PLLC
P.O. Box 6386
Tallahassee, Florida 32314

OTC COD
475 West Town Place Suite 114 St. Augustine, Florida 32092

OTC CDD - 01 GENERAL COUNSEL/MONTHLY MEETING

Type	Attorney	Date	Notes	Quantity	Rate	Total	
Service	SR	05/01/2025	Prepare budget documents.	0.50	$285.00	$142.50	
Service	JK	05/01/2025	Review budget documents	0.20	$365.00	$73.00	
Service	SR	05/07/2025	Review agenda packet, analyze relevant legal issues likely to arise from the resolutions set to be adopted at the board of supervisors meeting, and review budget resolution.	0.90	$285.00	$256.50	
Service	SH	05/07/2025	Monitor legislation affecting District and provide newsletter summary of	0.20	$285.00	$57.00	
			same.				
Service	SR	05/14/2025	Review agenda packet to identify legal issues in preparation for May meeting.	0.10	$285.00	$28.50	
Service	MGH	05/14/2025	Review and analyze agenda package and materials for Board consideration, including pertinent historical District information and documents, in preparation for Board meeting; attend Board meeting and compile summary of same.	2.10	$295.00	$619.50	
Service	SR	05/14/2025	Prepare budget appropriation resolution and published budget notice.	0.80	$285.00	$228.00	
Service	JK	05/14/2025	Post meeting recap and prepare documents/meeting dates for same	0.20	$365.00	$73.00	
Expense	KB	05/14/2025	Travel: Mileage - SR.	6.30	$0.67	$4.22	
Service	JK	05/31/2025	Review notice for budget hearing;	0.30	$365.00	$109.50	
Invoice# 12369 - 06/13/2025

review appropriation resolution; review resolution ratifying re-notice due to quorum

Total	$1,591.72

Detailed Statement of Account

Current Invoice

Invoice Number
12369
Due On
07/13/2025
Amount Due
$1,591.72
Payments Received
$0.00
Balance Due
$1,591.72

Outstanding Balance Total Amount Outstanding
$1,591.72
$1,591.72

Please make all amounts payable to: Kilinski I Van Wyk PLLC Please pay within 30 days.
Governmental Management Services, LlC
475 West Town Place, Suite 114 St. Augustine, FL 32092
Invoice

Bill To:
OTCCDD
475 West Town Place St. Augustine, FL 32092
Invoice#: 253
Invoice Date: 7/1/25
Due Date: 7/1/25
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

Management Fees - July 2025 Website Administration - July 2025 Information Technology - July 2025 Office Supplies
Postage Copies Telephone		3,441.00
92.67
188.17
0.06
1.38
0.30
9.87	3,441.00
92.67
188.17
0.06
1.38
0.30
9.87	

Total	$3,733.45	
Payments/Credits	$0.00	
Balance Due	$3,733.45	
 REGIONS
Invoice# 124700
Bl#		13357 06/26/2025
OTC COMMUNITY DEVELOPMENT DISTRICT C/O GMSCFL
475 WESTTOWN PLACE, SUITE 114
ST. AUGUSTINE FL 32092

OTC COMMUNITY DEVELOPMENT DISTRICT (CITY OF JACKSONVILLE)
SPEICALASSESSMENT REVENUE AND REFUNDING BONDS SERIES 2022

Please remit the following for Trustee, Paying Agent, Registrar, Custodial or Escrow Agent Fee.
Due Date 08/01/2025

ANNUAL FEE	St: Gt:	i V	t::
$3,750.00
. .1Ut, il ? 2025

Total Due:. $3,750.00

Detach and remit with payment to the address below. If paying by wire, please remit to the following instructions.

Thank you for choosing Regions Bank	13357

Due Date 08/01/2025 Amount Due $3,750.00

Please contact your administrator with any questions or concerns. JANET RICARDO
904-565-7973

Regions Bank Corporate Trust Operations, 2050 Parkway Office Circle, 6th Floor, Birmingham Alabama 35244

OTC
COMMUNITY DEVELOPMENT DISTRICT

General Fund

Check Request

Date	Amount	Authorized By	

June 30, 2025	
$22.25	
Marilee Giles	

Payable to:		
	
Rose S. Bock		

Date Check Needed:			

ASAP	
1-3I 0-51300-49000		

Intended Use of Funds Renuested·

OTC COD • Expense Reimbursement
Governmental Management Services, LLC

Employee:  Rose S.Bock		Position:  Supervisor

Address:	 1804 Forest Glen Wa?		Date:		19-Jun-25
Expense
City, State, Zip: St. Augustine, FL 32092		Period:   Mar- Jun 2025

DATE	Description
14-May-25	OTC COD Meeting (50 miles round trip)

Mileage Hotel
$ 22.25

Meals	Total
$	22.25

Total Amount Due to Employee $ 22.25

MIieage Is reimbursable at $.445/mlle

°For expense reimbursements not listed above, post to Misc. and provide add/tlonal description**

List below the above expenses that are reimbursable to company by client. The below Is Informational only. Employee should provide these expenses on their monthly expense report for each client.
&v1 J,1/)uJv 
Employee Signature
Jacksonville Daily Record
A Division of
DAILY RECORD & OBSERVER, LLC
P.O. Box 2177
Jacksonville, FL 32203
(904) 356-2466
INVOICE		July 17, 2025	
Date

Attn: Courtney Hogge GMS, LLC
475 West Town Place, Ste 114
Saint Augustine	FL	32092

Serial#  25-03929D	PO/File# 			$240.00
Payment Due
Notice of Public Hearing to Consider the Adoption of the Fiscal year 2026
Budget; and Notice of Regular Board of Supervisors' Meeting	$240.00
Publication Fee
OTC Community Development District

Case Number			Amount Paid

Publication Dates	7/17,24
-?------------------
County	Duval
-----------

Payment is due before the Proof of Publication is released.
Payment Due Upon Receipt
For your convenience, you may remit payment online at www.jaxdailyrecord.com/ send-payment.

If your payment is being mailed, please reference Serial # 25-039290 on your check or remittance advice.

Your notice was published on bothjaxdailyrecord.com andjloridapublicnotices.com.
·erms: Net 30 days from date of invoice. Past due items will accrne a finance charge of 1.5% per month thereafter.
Please remit any payment due upon receipt of this invoice.
Preliminary Proof Of Legal Notice
(This is not a proof of publication.)

OTC COM.i.'\iUNITY DEVELOPMENT DISTRICT NOTICE OF PUBLIC HEAR­ ING TO CONSIDER THE ADOPTION OF THE FIS­ CAL YEAR 2026 BUDGET; Ai'JD NOTICE OF REGULAR BOARD OF SUPERVISORS'
MEETING.
The Board of Supervisors ("Board") of the OTC Commu­ nity Development District ("Dis­ trict") will hold a public hearing on  August 13, 2025, at 10:30
a.m. at the offices of Kilinsl<l I
Van \Vyk, 2529 Herschel Street, Jacksonville, Flol'ida for the pur­ pose of hearing comments and objections on tlw adoption of the proposed budget ("Proposed Budget") of the District for the fiscal y1car beginning Octohei· 1, 2025, and ending September .10,
2026 ("Fiscal Year 2026"). A reg11lar hoard meeting of the Dis­ trict will also be he!<] ut that time where the Board may consider any other business that may properly come before it. A copy of the agenda and Proposed Budget may be obtained at the offices of the District Manager, ,175 \Vest Town Place Suite lH, St. Augustine, Florkl:I ,12092, {904) M0-5850
{"District Manager's Office"), during normal business hours, or by visiting the District's website at https://otccdd.com/.
The puhlic hearing arnl meeting are open to the public and will he conducted in accordance with the provisions of Florida law. The public heaiing and meeting may bl:' contimwd to a date, time, and place to be specified on the record at the meeting. There may be occasions when Board Supervisors or District Staff may piu·ticipate by speaker telephone.
Any penmn l'l:'tJUiring special
accommodations at this meeting hecause of a disability or phy:,i­ cal impairment should contact the District Manager's Office at least three {,'J) business days prior to the meeting. If you are hearing or speech impaired, please con­ tact the Flmida Relay Service by dialing 7+1, or 1-800-955-8771
{T1Y) / 1-800-955-8770 {Voice),
for aid in contacting the District
:Manager's Office.
Rach person who decides tu appeal any decision made by the Board with respect to any matter considcl'ed at the public hem-ing or meeting is atlvised that person will need a record of proceedings and that accordingly, the person may need to ensure that a ver­ batim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.
Marilee Giles District Manager
Jul.17/24,	oo (25-0.'3929D)

KILINSKI I '\/AN \VYK
Kilinski I Van Wyk PLLC
INVOICE
Invoice# 12619 Date: 07/12/2025 Due On: 08/11/2025

P.O. Box 6386
Tallahassee, Florida 32314

OTC CDD
475 West Town Place Suite 114 St. Augustine, Florida 32092

Statement of Account

Outstanding Balance
New Charges
Payments Received
Total Amount Outstanding
$0.00
+	$443.50	) - (
$0.00
i=l?	
_,_$4?4?3-?s?o 	_,

OTCCDD-01 General
OTC CDD - 01 GENERAL COUNSEL/MONTHLY MEETING

Type	Attorney	Date	Notes	Quantity	Rate	Total	
Service	SR	06/02/2025	Review the FY26 budget	1.10	$285.00	$313.50	
			appropriation resolution, the				
			resolution ratifying the rescheduling of				
			the budget hearing, and the published				
			notice of budget hearing; draft				
			assessment resolution.				
Service	JK	06/02/2025	Follow up on budget documents and
finalize same	0.10	$365.00	$36.50	
Service	SR	06/09/2025	Review minutes from May 14	0.20	$285.00	$57.00	
			meeting.				
Service	LG	06/30/2025	Review and revise materials
necessary for implementation of 2025	0.10	$365.00	$36.50	
			legislative changes.				
					Total	$443.50	

Please make all amounts payable to: Kilinski I Van Wyk PLLC Please pay within 30 days.

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