NatureWalk Community Development District

Board of Supervisors’ Special Meeting August 14, 2020

District Office:
120 Richard Jackson Blvd, Suite 220 Panama City Beach, Florida 32407 850-334-9055

www.naturewalkcdd.org

NATUREWALK
COMMUNITY DEVELOPMENT DISTRICT AGENDA
Rizzetta & Company, Inc., 120 Richard Jackson Boulevard, Suite 220, Panama City Beach, FL 32407

District Board of Supervisors	Todd Schermerhorn	Board Supervisor	
	Jonette Coram	Board Supervisor	
	Kerry Campbell	Board Supervisor	
	Mike Grubbs	Board Supervisor	
	Todd Egizii	Board Supervisor	

District Manager	
Anthony Jeancola	
Rizzetta & Company, Inc.	
District Counsel	Carl Eldred	Hopping Green & Sams, P.A.	
District Engineer	James Martelli, P.E.	Innerlight Engineering Corporation	
Bond Counsel	Cynthia E. Wilhelm	Nabors, Giblin & Nickerson, P.A.	

All Cellular phones and pagers must be turned off.

The Audience Comment portion of the agenda is where individuals may make comments on matters that concern the District. Individuals are limited to a total of three (3) minutes to make comments during this time.

Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this meeting/hearing/workshop is asked to advise the District Office at least forty-eight (48) hours before the meeting/hearing/workshop by contacting the District Manager at (850) 334-9055. 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), who can aid you in contacting the District Office.

A person who decides to appeal any decision made at the meeting/hearing/workshop with respect to any matter considered at the meeting/hearing/workshop is advised that 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.

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
DISTRICT OFFICE  120 RICHARD JACKSON BLVD., SUITE 220, PANAMA CITY BEACH, FL 32407
http://naturewalkcdd.org/

August 6, 2020

Board of Supervisors NatureWalk Community Development District

Dear Board Members:

AGENDA

The special meeting of the Board of Supervisors’ of the NatureWalk Community Development District will be held on Friday, August 14, 2020 at 3:30 p.m. (CDT)/4:30 p.m. (EDT) by phone teleconference at 929 205 6099 Meeting ID: 953 3697 1091. The following is the agenda for the meeting:
BOARD OF SUPERVISORS MEETING:
CALL TO ORDER/ROLL CALL
AUDIENCE COMMENTS
BUSINESS ADMINISTRATION
Consideration of Minutes of the Board of Supervisors’
Meeting Held on June 11, 2020	Tab 1
Ratification of Operation and Maintenance Expenditures for
May 2020 – June 2020	Tab 2
BUSINESS ITEMS
Public Hearing on Fiscal Year 2020/2021 Final Budget
Consideration of Resolution 2020-09, Adopting Fiscal Year 2020/2021 Final Budget	Tab 3
Consideration of Resolution 2020-10, Imposing Special Assessments and Certifying an Assessment Roll	Tab 4
Consideration of Resolution 2020-11, Fiscal Year 2020/2021 Annual Meeting Schedule	Tab 5
Consideration of Infrastructure Maintenance/Repair Proposals	Tab 6
Entry Pressure Washing Proposals
30A Prowash LLC
Precision Pressure Washing Inc.
Lovegrass Roadway Repaving
GAC Contractors
Pat Shea’s Concrete
STAFF REPORTS
District Counsel
District Engineer
District Manager
SUPERVISOR REQUESTS
ADJOURNMENT
I look forward to seeing you at the meeting. In the meantime, if you have any questions, please do not hesitate to call me at 850-334-9055.
Sincerely,
Anthony Jeancola
Anthony Jeancola District Manager

cc:	Carl Eldred, Hopping Green & Sams, P.A.

Tab 1

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
June 11, 2020 Minutes of Meeting
Page 1

1
2	MINUTES OF MEETING
3
Each person who decides to appeal any decision made by the Board with respect
to any matter considered at the meeting is advised that the person may need to
ensure that a verbatim record of the proceedings is made, including the testimony
and evidence upon which such appeal is to be based.
8
9	NATUREWALK
10	COMMUNITY DEVLOPMENT DISTRICT
11
The special meeting of the Board of Supervisors of the NatureWalk Community
Development District was held on Thursday, June 11, 2020 at 2:04 p.m. (CDT) by
phone teleconference at 929 205 6099 Meeting ID 965 1831 9681.
15
16	Present and constituting a quorum:
17
Todd Schermerhorn	Board Supervisor, Vice Chair
Jonnette Coram	Board Supervisor, Assistant Secretary
Kerry Campbell	Board Supervisor, Assistant Secretary
21
22	Also present were:
23
Anthony Jeancola	District Manager, Rizzetta & Company, Inc.
Carl Eldred	District Counsel, Hopping Green & Sams, P.A.
Audience	Present (Mike Grubbs, Todd Egizii, Richard Kinnard,
John Morgan and Pam Bernard)
28
29
30	FIRST ORDER OF BUSINESS	Call to Order
31
Prior to the meeting, Mr. Jeancola addressed that the today’s meeting and public
hearings are being held via communications media technology pursuant Executive
Orders issued by Governor DeSantis and pursuant to Section 120.54(5)(b)2., Florida
Statutes. Mr. Jeancola confirmed that the notices provided information to the public on
how to participate in today’s meeting and that no members of the public contacted him in
advance to provide comments or questions regarding the agenda items.
38
Mr. Jeancola called the meeting to order at 2:04 p.m. and read roll call, confirming
a quorum for the meeting.
41
42
43
44
45

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
June 11, 2020 Minutes of Meeting
Page 2

46	SECOND ORDER OF BUSINESS	Audience Comments
47
Mr. Grubbs inquired about potential resignations from the Board as he would like to
be considered. Mr. Jeancola confirmed that 2 individuals from Kolter did but that the seats
are no longer vacant as Mr. Campbell and Ms. Coram were appointed to the Board. He did
note that Ms. Drake resigned and that her seat is now vacant. He also added that Mr. Csapo
resigned from Kolter but that a formal resignation from the Board has not yet been received.
Mr. Todd Schermerhorn clarified that Mr. Csapo is still employed by Kolter but is resigning
from the Board. He will reach out to him and request a formal/written resignation. Mr.
Eldred recommended having a resignation in place prior to appointing anyone to the
Board.
57
As requested, Mr. Jeancola provided Mr. Grubbs with an overview of qualifications
needed in order to be considered and appointed to the Board.
60
Mr. Grubbs commented on some erosion and drainage issues in the Phase 3
common area which is for sale next to pond. Mr. Jeancola stated that he received a memo
from the Mr. Martinelli addressing some of the issues. Mr. Martinelli also performed a quick
survey regarding drainage. Mr. Jeancola will follow up with Mr. Martinelli.
65
66	Mr. Egizii also expressed his interest in joining the Board.
67
Mr. Kinnard asked if the District is responsible for the infrastructure and properties by
the bank. Mr. Jeancola stated that Mr. Martinelli will have to review based on the plans. Mr.
Eldred noted that this area is part of the District and that the owner is making the necessary
assessment payments. General discussion ensued.
72
Mr. Kinnard commented on the bike crossing at 395 Walton Crossing that was
previously discussed at a prior meeting. Mr. Jeancola will follow up with Mr. Martinelli.
75
Ms. Bernard commented on a request that she made regarding a drainage issue on
Chordgrass and Flatwood. A huge puddle of water forms every time that it rains. Mr.
Jeancola stated that this was addressed under the survey that Mr. Martinelli performed. She
informed the Board that the pickle ball courts are in bad shape and have become a
danger/hazard. Mr. Jeancola stated  that there was discussion at the last meeting and that
authorization was given to install pine straw along these areas to help alleviate drops. It was
discussed  that  there  is a 4-inch drop and that pine  straw  is a temporary solution. It was
suggested that the District retain that Green Earth’s services and expand the pad with sod.
Mr. Jeancola will request that they address this issue. Discussion ensued.
85
Mr. Kinnard asked if chain nets could be installed on the basketball court hoops. It
was recommended that Green Earth install them.
88

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
June 11, 2020 Minutes of Meeting
Page 3

Mr. Bernard commented on a question that was brought up by Mr. Campbell at the
last meeting regarding a 3-way stop at Flatwoods. Mr. Jeancola will address this with the
memo from Mr. Martinelli.
92
Mr. Todd Schermerhorn informed the Board that he received Mr. Csapo’s formal
resignation from the Board.
95
Mr. Morgan had a question regarding the District’s enforcement of rules per the
bylaws when it comes to issue s such as parking, etc. Mr. Jeancola stated that he will discuss
enforcement and the possibility of having the Sheriff’s Department get involved (under his
staff report). There are certain policies that the Board can adopt (rulemaking). HOA’s have
more of an availability to enforce these things as the District is a public entity.
101
THIRD ORDER OF BUSINESS	Acceptance of Supervisor
Resignations
104
The Board reviewed the resignations of Supervisors Drake and Csapo.
106
On a Motion by Mr. Schermerhorn, seconded by Ms. Coram, with all in favor, the Board of Supervisors accepted the Resignation of Ms. Sharon Drake and Mr. John Csapo, for the NatureWalk Community Development District.
107
Consideration of Appointment(s) to Vacant Supervisor Seats
109
Mr. Jeancola asked if there were any members interested in joining the Board.
Mr. Egizii and Mr. Grubbs both expressed their interest. Each candidate introduced
themselves to the Board. They both declined compensation.
113
On a Motion by Mr. Campbell, seconded by Ms. Coram, with all in favor, the Board of Supervisors appointed Todd Egizzi to Seat No. 2 and Mike Grubbs to Seat No. 3, for the NatureWalk Community Development District.

114		
115		
116	FIFTH ORDER OF BUSINESS	Consideration of Minutes of the	
117		Audit Committee Meeting Held on	
118		February 6, 2020	
119			
120			
On Motion Mr. Campbell, seconded by Ms. Coram, with all in favor, the Board accepted the Minutes of the Audit Committee Meeting Held on February 6, 2020, or NatureWalk Community Development District.
121

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
June 11, 2020 Minutes of Meeting
Page 4
SIXTH ORDER OF BUSINESS	Consideration  of  Minutes  of   the
Board	of	Supervisors’	Meeting
Held on February 6, 2020
125
On a Motion by Mr. Campbell, seconded by Ms. Coram, with all in favor, the Board of Supervisors accepted the Minutes of the Board of Supervisors’ Meeting Held on February 6, 2020, for the NatureWalk Community Development District.

126
SEVENTH ORDER OF BUSINESS	Ratification	of	Operation	and
Maintenance	Expenditures	for
January 2020 – April 2020
130
Mr. Jeancola presented the Board with the Operation and Maintenance
Expenditures for January through April 2020.
133

On a Motion by Mr. Schermerhorn, seconded by Mr. Campbell, with all in favor, the Board of Supervisors ratified the Operation and Maintenance Expenditures for January 2020 ($35,432.82), February 2020 ($46,163.09), March 2020 ($15,846.31) and April
2020 ($20,296.43) 2019, for the NatureWalk Community Development District.

134
EIGHTH ORDER OF BUSINESS	Consideration of  Resolution 2020-04,
Authorizing	Back	Account
Signatories
138
Mr. Jeancola presented and reviewed Resolution 2020-04 Authorizing Back
Account  Signatories  with  the  Board.	This resolution adds Shawn Wildermuth as
(Assistant Treasurer).
142

On a motion by Mr. Campbell, seconded by Ms. Coram, with all in favor, the Board approved Resolution 2020-04, Authorizing Back Account Signatories, for the NatureWalk Community Development District.

143
NINTH ORDER OF BUSINESS	Consideration of  Resolution 2020-05,
Re-Designating	Secretary	of	the
District
147
Mr. Jeancola presented and reviewed Resolution 2020-05, Re-Designating
Secretary of the District with the Board. This resolution appoints Mr. Bob Schleifer.
150

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
June 11, 2020 Minutes of Meeting

On a motion by Ms. Coram, seconded by Mr. Campbell, with all in favor, the Board approved Resolution 2020-05, Re-Designating Secretary of the District, for the NatureWalk Community Development District.

Page 5

151
TENTH ORDER OF BUSINESS	Presentation of Proposed Budget
for Fiscal Year 2020/2021
154
Mr. Jeancola presented the proposed budget. He stated that the proposed budget
retains the same level of assessments by utilizing general fund surplus. Allocations can
be adjusted; however, assessment level cannot be excluded at final.
158
Consideration of Resolution 2020-06, Approving Proposed Budget and Setting
Public Hearing
161
It was determined that a special meeting will be held on Friday, August 14th at 3:30.

On a Motion by Mr. Campbell, seconded by Ms. Coram, with all in favor, the Board of Supervisors approved Resolution 2020-06, Approving Proposed Budget and Setting the Public Hearing (August 14, 2020 at 3:30 pm at the Walton County Coastal Branch Library, located at 437 Greenway Trail, Santa Rosa Beach, FL 32459), for the NatureWalk Community Development District.

163
164
ELEVENTH ORDER OF BUSINESS	Presentation of Registered Voter
Count
167
Mr. Jeancola stated that there were 207 registered voters as of April 15, 2020.
169
TWELFTH ORDER OF BUSINESS	Consideration of  Resolution 2020-07,
Designating Date, Time  and Location
for a Landowners Meeting
173
Mr. Jeancola presented and reviewed Resolution 2020-07, Designating Date,
Time and Location for a Landowners Meeting with the Board.
176

On a motion by Ms. Coram, seconded by Mr. Campbell, with all in favor, the Board approved Resolution 2020-07, Designating Date, Time and Location for a Landowners Meeting (November 5, 2020 at 3:30 pm at the Walton County Coastal Branch Library, located at 437 Greenway Trail, Santa Rosa Beach, FL 32459), for the NatureWalk Community Development District.

177
178
179
180

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
June 11, 2020 Minutes of Meeting
Page 6
THIRTEENTH ORDER OF BUSINESS	Consideration of  Resolution 2020-08,
Internal Controls Policy
183
Mr. Eldred presented and reviewed Resolution 2020-08, Internal Controls Policy
with the Board.
186

On a motion by Mr. Campbell, seconded by Ms. Coram, with all in favor, the Board approved 2020-08, Internal Controls Policy, for the NatureWalk Community Development District.

187
FOURTEENTH ORDER OF BUSINESS	Staff Reports
189
A.	District Counsel
No Report.
192
B.	District Engineer
Not Present.
195
Mr. Jeancola reviewed Mr. Martinelli’s memo with the Board.
197
C.	District Manager
Mr. Jeancola advised that the next meeting of the Board of Supervisors’ for the
NatureWalk Community Development District is to be held on August 14th, 2020 at
3:30 pm at the Walton County Coastal Branch Library.
202
Mr. Jeancola reviewed the MOU regarding traffic enforcement.

On a Motion by Mr. Campbell, seconded by Ms. Coram, with all in favor, the Board of Supervisors accepted entering into the MOU, for the NatureWalk Community Development District.

204
205
FIFTEENTH ORDER OF BUSINESS	Supervisor Requests
207
Mr. Campbell asked whose land construction trailer is in Phase 3. It was stated the
trailer is located on land owned by New Naturewalk LLC.
210
Mr. Jeancola advised the Board that Kolter has a couple additional streetlight poles
and components, which Greenearth was kind enough to store at their facilities for future
repairs on behalf of the CDD.
214
Ms. Coram noted there have been issues with traffic running into medians. Ms.
Coram suggested some form of reflectors be installed on the posts to better mark the
locations. Mr. Campbell concurred.
218
219

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
June 11, 2020 Minutes of Meeting
Page 7

220
221
222

SIXTEENTH ORDER OF BUSINESS	Adjournment

On a Motion by Mr. Campbell, seconded by Ms. Coram, with all in favor, the Board adjourned the meeting at 3:57 p.m. CDT, for the NatureWalk Community Development District.	
223		
224		
225		
226	 		 		
227	Secretary/Assistant Secretary	Chairman/ Vice Chairman	

Tab 2

NatureWalk Community Development District
DISTRICT OFFICE · 120 RICHARD JACKSON BLVD · SUITE 220 · PANAMA CITY BEACH, FL 32407

Operations and Maintenance Expenditures	
May 2020	
For Board Approval	

Attached please find the check register listing the Operation and Maintenance expenditures paid from May 1, 2020 through May 31, 2020. This does not include expenditures previously approved by the Board.

The total items being presented: $61,606.00

Approval of Expenditures:

 		
Chairperson	

 		Vice Chairperson	

 		Assistant Secretary	

NatureWalk Community Development District	
Paid Operation & Maintenance Expenditures	
May 1, 2020 Through May 31, 2020	

Vendor Name		Check #		Invoice Number		Invoice Description		Invoice Amount	

CHELCO	001708	Electric Summary
03/2020	CHELCO Electric Summary 03/2020	$	1,618.92	
CHELCO	001708	Electric Summary
04/2020	CHELCO Electric Summary 04/2020	$	1,678.85	
GateHouse Media DBA
Northwest Florida Papers	001709	2030768-0420	Acct# 2030768 Legal Advertising 04/20	$	106.65	
GreenEarth Landscape
Services LLC	001702	68109	Tree Staking 04/20	$	785.00	
GreenEarth Landscape
Services LLC	001702	68110	Pine Straw Refeshed 04/20	$	200.00	
GreenEarth Landscape
Services LLC	001710	68208	Monthly Landscape Maintenance 05/20	$	8,682.00	
GreenEarth Landscape
Services LLC	001706	68399	#10490 Irrigation Repair 05/20	$	507.00	
GreenEarth Landscape
Services LLC	001713	68448	Dead Tree Removal 05/20	$	400.00	
Greenway Services, Inc.	001711	2190	Bridge Deck Replacement 05/20	$	13,600.00	
Greenway Services, Inc.	001711	2191	Bridge Rail Repair 05/20	$	1,235.00	
Hopping Green & Sams	001714	114595	General Legal Counsel 04/20	$	582.50	
Rizzetta & Company, Inc.	001703	INV0000049251	District Management Fees 05/20	$	3,327.08	
Rizzetta Technology Services, LLC	001704	INV0000005782	Email & Website Hosting Services 05/20	$	175.00	
Southeast Straw Co., Inc.	001705	29059	Baled Pine Straw Installed 04/20	$	28,200.00	

The Lake Doctors, Inc.	001712	501377	Acct # 717754 Monthly Water Management
05/20	$	347.00	
The Lake Doctors, Inc.	001707	502403	Acct #721546 Fountain Cleaning 05/20	$	161.00	

Report Total	$	61,606.00

NatureWalk Community Development District
DISTRICT OFFICE · 120 RICHARD JACKSON BLVD · SUITE 220 · PANAMA CITY BEACH, FL 32407

Operations and Maintenance Expenditures	
June 2020	
For Board Approval	

Attached please find the check register listing the Operation and Maintenance expenditures paid from June 1, 2020 through June 30, 2020. This does not include expenditures previously approved by the Board.

The total items being presented: $16,387.51

Approval of Expenditures:

 		
Chairperson	

 		Vice Chairperson	

 		Assistant Secretary	

NatureWalk Community Development District	
Paid Operation & Maintenance Expenditures	
June 1, 2020 Through June 30, 2020	

Vendor Name		Check #		Invoice Number		Invoice Description		Invoice Amount	

CHELCO	001718	Electric Summary
05/2020	CHELCO Electric Summary 05/2020	$	1,510.93	
GreenEarth Landscape
Services LLC	001723	68737	Monthly Landscape Maintenance 06/20	$	8,682.00	
GreenEarth Landscape
Services LLC	001719	68814	Pine Straw Refeshed 06/20	$	200.00	
GreenEarth Landscape
Services LLC	001719	68815	Well Repair 06/20	$	650.00	
Greenway Services, Inc.	001720	2199	New Vent Hood 05/20	$	250.00	
Hopping Green & Sams	001724	115256	General Legal Counsel 05/20	$	184.50	
Jonette Anne Coram	001722	HC06112020	Board Of Supervisors Meeting 06/11/2020	$	200.00	
Kerry Campbell	001721	KC06112020	Board Of Supervisors Meeting 06/11/2020	$	200.00	
Newagetutors, LLC dba VGlobaltech	001717	1679	Website ADA Compliance 06/20	$	300.00	
Rizzetta & Company, Inc.	001715	INV0000050134	District Management Fees 06/20	$	3,327.08	
Rizzetta Technology Services, LLC	001716	INV0000005883	Email & Website Hosting Services 06/20	$	175.00	
The Lake Doctors, Inc.	001725	507579	Acct # 717754 Monthly Water Management
06/20	$	347.00	
The Lake Doctors, Inc.	001725	508606	Acct #721546 Fountain Cleaning 06/20	$	161.00	

Todd Schermerhorn	001726	TS06112020	Board Of Supervisors Meeting 06/11/2020	$	200.00	

Report Total	$	16,387.51

Tab 3

RESOLUTION 2020-09

THE ANNUAL APPROPRIATION RESOLUTION OF THE NATUREWALK COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGETS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2020, AND ENDING SEPTEMBER 30, 2021; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2020, submitted to the Board of Supervisors (“Board”) of the NatureWalk Community Development District (“District”) proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2020 and ending September 30, 2021 (“Fiscal Year 2020/2021”) 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 August 14, 2020, as the date for 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 NATUREWALK COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BUDGET

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.

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.

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 NatureWalk Community Development District for the Fiscal Year Ending September 30, 2021.”

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 2020/2021, the sum of $ 	to be raised by the levy of assessments and 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(S)	$ 	

TOTAL ALL FUNDS	$ 	

SECTION 3. BUDGET AMENDMENTS

Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2020/2021 or within 60 days following the end of the Fiscal Year 2020/2021 may amend its Adopted Budget for that fiscal year as follows:

The Board may authorize an increase or decrease in line item appropriations within a fund by motion recorded in the minutes if the total appropriations of the fund do not increase.

The District Manager or Treasurer may authorize an increase or decrease in line item appropriations within a fund if the total appropriations of the fund do not increase and if the aggregate change in the original appropriation item does not exceed $10,000 or 10% of the original appropriation.

By resolution, the Board may increase any appropriation item and/or fund to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

Any other budget amendments shall be adopted by resolution and consistent with Florida law.

The District Manager or Treasurer must establish administrative procedures to ensure that any budget amendments are in compliance with this Section 3 and Section 189.016, Florida Statutes, among other applicable laws. Among other procedures, the District Manager or Treasurer must ensure that any amendments to budget under subparagraphs c. and d. 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 	DAY OF 	, 2020.

ATTEST:	NATUREWALK COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary

By:	 Its: 	

NatureWalk Community Development District
http://naturewalkcdd.org

Approved Proposed Budget for Fiscal Year
2020/2021

Presented by: Rizzetta & Company, Inc.

120 Richard Jackson Blvd Suite 220
Panama City Beach, Florida 32407 Phone: 850-334-9055

rizzetta.com

Table of Contents

Page

General Fund Budget Account Category Descriptions	1
Reserve Fund Budget Account Category Descriptions	7
Debt Service Fund Budget Account Category Descriptions	8
General Fund Budget for Fiscal Year 2020/2021	9
Debt Service Fund Budget for Fiscal Year 2020/2021	12
Assessments Charts for Fiscal Year 20120/21	13

11
GENERAL FUND BUDGET ACCOUNT CATEGORY DESCRIPTION
The General Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all General Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.
REVENUES:

Interest Earnings: The District may earn interest on its monies in the various operating accounts.

Tax Roll: The District levies Non-Ad Valorem Special Assessments on all of the assessable property within the District to pay for operating expenditures incurred during the Fiscal Year. The assessments may be collected in two ways. The first is by placing them on the County’s Tax Roll, to be collected with the County’s Annual Property Tax Billing. This method is only available to land properly platted within the time limits prescribed by the County.

Off Roll: For lands not on the tax roll and that is by way of a direct bill from the District to the appropriate property owner.

Developer Contributions: The District may enter into a funding agreement and receive certain prescribed dollars from the Developer to off-set expenditures of the District.

Event Rental: The District may receive monies for event rentals for such things as weddings, birthday parties, etc.

Miscellaneous Revenues: The District may receive monies for the sale or provision of electronic access cards, entry decals etc.

Facilities Rentals: The District may receive monies for the rental of certain facilities by outside sources, for such items as office space, snack bar/restaurants etc.

EXPENDITURES – ADMINISTRATIVE:

Supervisor Fees: The District may compensate its supervisors within the appropriate statutory limits of
$200.00 maximum per meeting within an annual cap of $4,800.00 per supervisor.

22

Administrative Services: The District will incur expenditures for the day to today operation of District matters. These services include support for the District Management function, recording and preparation of meeting minutes, records retention and maintenance in accordance with Chapter 119, Florida Statutes, and the District’s adopted Rules of Procedure, preparation and delivery of agenda, overnight deliveries, facsimiles and phone calls.

District Management: The District as required by statute, will contract with a firm to provide for management and administration of the District’s day to day needs. These service include the conducting of board meetings, workshops, overall administration of District functions, all required state and local filings, preparation of annual budget, purchasing, risk management, preparing various resolutions and all other secretarial duties requested by the District throughout the year is also reflected in this amount.

District Engineer: The District’s engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of construction invoices and all other engineering services requested by the district throughout the year.

Disclosure Report: The District is required to file quarterly and annual disclosure reports, as required in the District’s Trust Indenture, with the specified repositories. This is contracted out to a third party in compliance with the Trust Indenture.

Trustee’s Fees: The District will incur annual trustee’s fees upon the issuance of bonds for the oversight of the various accounts relating to the bond issues.

Assessment Roll: The District will contract with a firm to maintain the assessment roll and annually levy a Non-Ad Valorem assessment for operating and debt service expenses.

Financial & Revenue Collections: Services include all functions necessary for the timely billing and collection and reporting of District assessments in order to ensure adequate funds to meet the District’s debt service and operations and maintenance obligations. These services include, but are not limited to, assessment roll preparation and certification, direct billings and funding request processing as well as responding to property owner questions regarding District assessments. This line item also includes the fees incurred for a Collection Agent to collect the funds for the principal and interest payment for its short- term bond issues and any other bond related collection needs. These funds are collected as prescribed in the Trust Indenture. The Collection Agent also provides for the release of liens on property after the full collection of bond debt levied on particular properties.

Accounting Services: Services include the preparation and delivery of the District’s financial statements in accordance with Governmental Accounting Standards, accounts payable and accounts receivable functions, asset tracking, investment tracking, capital program administration and requisition processing, filing of annual reports required by the State of Florida and monitoring of trust account activity.

Auditing Services: The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting firm, once it reaches certain revenue and expenditure levels, or has issued bonds and incurred debt.

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Arbitrage Rebate Calculation: The District is required to calculate the interest earned from bond proceeds each year pursuant to the Internal Revenue Code of 1986. The Rebate Analyst is required to verify that the District has not received earnings higher than the yield of the bonds.

Travel: Each Board Supervisor and the District Staff are entitled to reimbursement for travel expenses per Florida Statutes 190.006(8).

Public Officials Liability Insurance: The District will incur expenditures for public officials’ liability insurance for the Board and Staff.

Legal Advertising: The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to meeting schedules, special meeting notices, and public hearings, bidding etc. for the District based on statutory guidelines

Bank Fees: The District will incur bank service charges during the year.

Dues, Licenses & Fees: The District is required to pay an annual fee to the Department of Economic Opportunity, along with other items which may require licenses or permits, etc.

Miscellaneous Fees: The District could incur miscellaneous throughout the year, which may not fit into any standard categories.

Website Hosting, Maintenance and Email: The District may incur fees as they relate to the development and ongoing maintenance of its own website along with possible email services if requested.

District Counsel: The District’s legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts and all other legal services requested by the district throughout the year.

EXPENDITURES - FIELD OPERATIONS:

Deputy Services: The District may wish to contract with the local police agency to provide security for the District.

Security Services and Patrols: The District may wish to contract with a private company to provide security for the District.

Electric Utility Services: The District will incur electric utility expenditures for general purposes such as irrigation timers, lift station pumps, fountains, etc.

Street Lights: The District may have expenditures relating to street lights throughout the community. These may be restricted to main arterial roads or in some cases to all street lights within the District’s boundaries.

44

Utility - Recreation Facility: The District may budget separately for its recreation and or amenity electric separately.

Gas Utility Services: The District may incur gas utility expenditures related to district operations at its facilities such as pool heat etc.

Garbage - Recreation Facility: The District will incur expenditures related to the removal of garbage and solid waste.

Solid Waste Assessment Fee: The District may have an assessment levied by another local government for solid waste, etc.

Water-Sewer Utility Services: The District will incur water/sewer utility expenditures related to district operations.

Utility - Reclaimed: The District may incur expenses related to the use of reclaimed water for irrigation.

Aquatic Maintenance: Expenses related to the care and maintenance of the lakes and ponds for the control of nuisance plant and algae species.

Fountain Service Repairs & Maintenance: The District may incur expenses related to maintaining the fountains within throughout the Parks & Recreational areas

Lake/Pond Bank Maintenance: The District may incur expenditures to maintain lake banks, etc. for the ponds and lakes within the District’s boundaries, along with planting of beneficial aquatic plants, stocking of fish, mowing and landscaping of the banks as the District determines necessary.

Wetland Monitoring & Maintenance: The District may be required to provide for certain types of monitoring and maintenance activities for various wetlands and waterways by other governmental entities.

Mitigation Area Monitoring & Maintenance: The District may be required to provide for certain types of monitoring and maintenance activities for various mitigation areas by other governmental entities.

Aquatic Plant Replacement: The expenses related to replacing beneficial aquatic plants, which may or may not have been required by other governmental entities.

General Liability Insurance: The District will incur fees to insure items owned by the District for its general liability needs

Property Insurance: The District will incur fees to insure items owned by the District for its property needs

Entry and Walls Maintenance: The District will incur expenditures to maintain the entry monuments and the fencing.

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Landscape Maintenance: The District will incur expenditures to maintain the rights-of-way, median strips, recreational facilities including pond banks, entryways, and similar planting areas within the District. These services include but are not limited to monthly landscape maintenance, fertilizer, pesticides, annuals, mulch, and irrigation repairs.

Irrigation Maintenance: The District will incur expenditures related to the maintenance of the irrigation systems.

Irrigation Repairs: The District will incur expenditures related to repairs of the irrigation systems.

Landscape Replacement: Expenditures related to replacement of turf, trees, shrubs etc.

Field Services: The District may contract for field management services to provide landscape maintenance oversight.

Miscellaneous Fees: The District may incur miscellaneous expenses that do not readily fit into defined categories in field operations.

Gate Phone: The District will incur telephone expenses if the District has gates that are to be opened and closed.

Street/Parking Lot Sweeping: The District may incur expenses related to street sweeping for roadways it owns or are owned by another governmental entity, for which it elects to maintain.

Gate Facility Maintenance: Expenses related to the ongoing repairs and maintenance of gates owned by the District if any.

Sidewalk Repair & Maintenance: Expenses related to sidewalks located in the right of way of streets the District may own if any.

Roadway Repair & Maintenance: Expenses related to the repair and maintenance of roadways owned by the District if any.

Employees - Salaries: The District may incur expenses for employees/staff members needed for the recreational facilities such as Clubhouse Staff.

Employees - P/R Taxes: This is the employer’s portion of employment taxes such as FICA etc.

Employee - Workers’ Comp: Fees related to obtaining workers compensation insurance.

Management Contract: The District may contract with a firm to provide for the oversight of its recreation facilities.

Maintenance & Repair: The District may incur expenses to maintain its recreation facilities.

Facility Supplies: The District may have facilities that required various supplies to operate.

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Gate Maintenance & Repairs: Any ongoing gate repairs and maintenance would be included in this line item.

Telephone, Fax, Internet: The District may incur telephone, fax and internet expenses related to the recreational facilities.

Office Supplies: The District may have an office in its facilities which require various office related supplies.

Clubhouse - Facility Janitorial Service: Expenses related to the cleaning of the facility and related supplies.

Pool Service Contract: Expenses related to the maintenance of swimming pools and other water features.

Pool Repairs: Expenses related to the repair of swimming pools and other water features.

Security System Monitoring & Maintenance: The District may wish to install a security system for the clubhouse

Clubhouse Miscellaneous Expense: Expenses which may not fit into a defined category in this section of the budget

Athletic/Park Court/Field Repairs: Expense related to any facilities such as tennis, basketball etc.

Trail/Bike Path Maintenance: Expenses related to various types of trail or pathway systems the District may own, from hard surface to natural surfaces.

Special Events: Expenses related to functions such as holiday events for the public enjoyment

Miscellaneous Fees: Monies collected and allocated for fees that the District could incur throughout the year, which may not fit into any standard categories.

Miscellaneous Contingency: Monies collected and allocated for expenses that the District could incur throughout the year, which may not fit into any standard categories.

Capital Outlay: Monies collected and allocated for various projects as they relate to public improvements.

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RESERVE FUND BUDGET ACCOUNT CATEGORY DESCRIPTION

The Reserve Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all Reserve Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.

REVENUES:

Tax Roll: The District levies Non-Ad Valorem Special Assessments on all of the assessable property within the District to pay for operating expenditures incurred during the Fiscal Year. The assessments may be collected in two ways. The first is by placing them on the County’s Tax Roll, to be collected with the County’s Annual Property Tax Billing. This method is only available to land properly platted within the time limits prescribed by the County.

Off Roll: For lands not on the tax roll and that is by way of a direct bill from the District to the appropriate property owner.

Developer Contributions: The District may enter into a funding agreement and receive certain prescribed dollars from the Developer to off-set expenditures of the District.

Miscellaneous Revenues: The District may receive monies for the sale or provision of electronic access cards, entry decals etc.

EXPENDITURES:

Capital Reserve: Monies collected and allocated for the future repair and replacement of various capital improvements such as club facilities, swimming pools, athletic courts, roads, etc.

Capital Outlay: Monies collected and allocated for various projects as they relate to public improvements.

88

DEBT SERVICE FUND BUDGET ACCOUNT CATEGORY DESCRIPTION

The Debt Service Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all Debt Service Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.

REVENUES:

Special Assessments: The District may levy special assessments to repay the debt incurred by the sale of bonds to raise working capital for certain public improvements. The assessments may be collected in the same fashion as described in the Operations and Maintenance Assessments.

EXPENDITURES – ADMINISTRATIVE:

Bank Fees: The District may incur bank service charges during the year.

Debt Service Obligation: This would a combination of the principal and interest payment to satisfy the annual repayment of the bond issue debt.

9
Proposed Budget	
NatureWalk Community Development District	
General Fund	
2020/2021	

Chart of Accounts Classification	
Actual YTD through 06/30/20	Projected Annual Totals 2019/2020	
Annual Budget for 2019/2020	Projected Budget variance for 2019/2020	
Budget for 2020/2021	Budget Increase (Decrease) vs    2019/2020	

Comments	
1									
2	REVENUES								
3									
4	Special Assessments								
5	Tax Roll*	$	282,549	$ 282,549	$ 282,025	$	524	$ 282,025	$	-	Actual Tax/Off Roll allocations to be determined at final certification of rolls.	
6	Off Roll*	$	20,639	$	20,639	$	21,011	$	(372)	$	21,011	$	-	Actual Tax/Off Roll allocations to be determined at final certification of rolls.	
7									
8	TOTAL REVENUES	$	303,188	$ 303,188	$ 303,036	$	152	$ 303,036	$	-		
9									
10	Balance Forward from Prior Year	$	-	$	69,827	$	30,742	$	39,085	$	75,924	$	45,182	Utilize balance forward from prior FY's surplus to maitain level of assessments.	
11									
12	TOTAL REVENUES AND BALANCE	$	303,188	$ 373,015	$ 333,778	$	39,237	$ 378,960	$	45,182		
13									
14	*Allocation of assessments between the Tax Roll and Off Roll are estimates only and subject to change prior to
certification.		
15									
16	EXPENDITURES - ADMINISTRATIVE								
17									
18	Legislative								
19	Supervisor Fees	$	1,800	$	3,200	$	4,800	$	1,600	$	4,000	$	(800)	Based on quarterly meetings.	
20	Financial & Administrative								
21	Administrative Services	$	3,375	$	4,500	$	4,500	$	-	$	4,500	$	-	Maintained at same rate.	
22	District Management	$	11,869	$	15,825	$	15,825	$	-	$	15,825	$	-	Maintained at same rate	
23	District Engineer	$	3,650	$	4,867	$	2,500	$	(2,367)	$	7,500	$	5,000	Increased based on projections.	
24	Disclosure Report	$	5,000	$	5,000	$	5,000	$	-	$	5,000	$	-	Maintained at same rate.	
25	Trustees Fees	$	-	$	7,000	$	7,000	$	-	$	7,000	$	-	Maintained at same rate.	
26	Assessment Roll	$	5,000	$	5,000	$	5,000	$	-	$	5,000	$	-	Maintained at same rate.	

10
Proposed Budget	
NatureWalk Community Development District	
General Fund	
2020/2021	

Chart of Accounts Classification	
Actual YTD through 06/30/20	Projected Annual Totals 2019/2020	
Annual Budget for 2019/2020	Projected Budget variance for 2019/2020	
Budget for 2020/2021	Budget Increase (Decrease) vs    2019/2020	

Comments	
27	Financial & Revenue Collections	$	2,700	$	3,600	$	3,600	$	-	$	3,600	$	-	Maintained at same rate.	
28	Accounting Services	$	12,000	$	16,000	$	16,000	$	-	$	16,000	$	-	Maintained at same rate.	
29	Auditing Services	$	-	$	3,170	$	3,170	$	-	$	3,100	$	(70)	Per agreement.	
30	Arbitrage Rebate Calculation	$	450	$	600	$	600	$	-	$	600	$	-	Amtec $600 annually	
31	Public Officials Liability Insurance	$	2,306	$	2,306	$	2,475	$	169	$	2,537	$	62	Based on projected estimates from Egis.	
32	Legal Advertising	$	1,291	$	2,578	$	2,000	$	(578)	$	2,600	$	600	Adjusted based on projections	
33	Dues, Licenses & Fees	$	175	$	175	$	175	$	-	$	175	$	-	Fee due annually to the State.	
34	Website Hosting, Maintenance, Backup	$	3,875	$	5,700	$	6,300	$	600	$	5,700	$	(600)	Adjusted per ADA and technology agreements.	
35	Legal Counsel								
36	District Counsel	$	9,693	$	12,924	$	18,000	$	5,076	$	18,000	$	-	Maintained at same rate.	
37									
38	Administrative Subtotal	$	63,184	$	92,445	$	96,945	$	4,500	$ 101,137	$	4,192		
39									
40	EXPENDITURES - FIELD OPERATIONS								
41									
42	Electric Utility Services								
43	Utility Services	$	14,023	$	18,697	$	14,000	$	(4,697)	$	19,000	$	5,000	Adjusted based on projections.	
44	Stormwater Control								
45	Aquatic Maintenance	$	3,819	$	5,092	$	3,900	$	(1,192)	$	5,100	$	1,200	Lakes Doctors @ $393 month. Addt'l for add on services.	
46	Fountain Service Repairs & Maintenance	$	1,437	$	1,916	$	1,884	$	(32)	$	1,932	$	48	Lakes Doctors @ $161 month.	
47	Aquatic Plant Replacement	$	-	$	-	$	4,800	$	4,800	$	-	$	(4,800)	Suggest removal. Not utilized in this or prior years.	
48	Wetland Monitoring & Maintenance	$	-	$	-	$	1,000	$	1,000	$	-	$	(1,000)	Suggest removal. Not utilized in this or prior years.	
49	Stormwater System Maintenance	$	-	$	1,000	$	1,000	$	-	$	1,000	$	-	Maintained at same rate.	
50	Other Physical Environment								
51	General Liability Insurance	$	2,689	$	2,689	$	2,885	$	196	$	2,958	$	73	Based on projected estimates from Egis.	
52	Property Insurance	$	635	$	635	$	639	$	4	$	699	$	60	Based on projected estimates from Egis.	
53	Rust Prevention/Misc. Expense	$	826	$	1,101	$	2,775	$	1,674	$	1,700	$	(1,075)	Adjusted based on projections.	
54	Landscape Maintenance	$	82,045	$ 109,393	$ 100,000	$	(9,393)	$ 104,184	$	4,184	Adjusted based on monthly contracted amount $8,682	

Proposed Budget
NatureWalk Community Development District General Fund
2020/2021

Chart of Accounts Classification	
Actual YTD through 06/30/20	Projected Annual Totals 2019/2020	
Annual Budget for 2019/2020	Projected Budget variance for 2019/2020	
Budget for 2020/2021	Budget Increase (Decrease) vs    2019/2020	

Comments	
55	Ornamental Lighting & Maintenance	$	406	$	541	$	1,000	$	459	$	1,000	$	-	Maintained at same rate.	
56	Well Maintenance	$	-	$	-	$	4,800	$	4,800	$	-	$	(4,800)	All irrigation expense coded to irrigation repairs. Remove.	
57	Tree Trimming Services	$	-	$	1,700	$	1,700	$	-	$	1,700	$	-	Based on Florida Select Tree Service	
58	Irrigation Repairs	$	8,483	$	11,311	$	10,000	$	(1,311)	$	12,000	$	2,000	Adjusted based on projections.	
59	Landscape Replacement Plants, Shrubs,	$	5,685	$	7,580	$	3,200	$	(4,380)	$	8,000	$	4,800	Adjusted based on projections.	
60	Annual Mulching	$	29,000	$	55,000	$	55,000	$	-	$	55,000	$	-	Twice yearly pine straw install at @ $27,500 per install.	
	Fence Repair/Replacement	$	10,785	$	15,000	$	-	$	(15,000)	$	5,000	$	5,000	Higher in FY19/20 due to new fence install. Suggest $5K for repairs.	
61	Road & Street Facilities								
62	Street Light Decorative Light Maintenance	$	3,036	$	4,048	$	3,700	$	(348)	$	5,000	$	1,300	Adjusted based on projections.	
63	Sidewalk Repair & Maintenance	$	-	$	2,750	$	2,750	$	-	$	2,750	$	-	Maintained at same rate.	
64	Street Sign Repair & Replacement	$	-	$	800	$	800	$	-	$	800	$	-	Maintained at same rate.	
65	Roadway Repair & Maintenance	$	-	$	1,000	$	1,000	$	-	$	30,000	$	29,000	Adjusted based on potential roadway repair expense.	
66	Parks & Recreation								
67	Boardwalk and Bridge Maintenance	$	37,326	$	40,316	$	20,000	$	(20,316)	$	20,000	$	-	Projections higher in FYE20 due to wall cap replacement.	
68								Not anticipated in FYE21, however, increase suggested.	
69	Field Operations Subtotal	$	200,195	$ 280,570	$ 236,833	$	(43,737)	$ 277,823	$	40,990		
70									
71	Contingency for County TRIM Notice								
72									
73	TOTAL EXPENDITURES	$	263,379	$ 373,015	$ 333,778	$	(39,237)	$ 378,960	$	45,182		
74									
75	EXCESS OF REVENUES OVER	$	39,809	$	-	$	-	$	-	$	-	$	-		
76									

12
NatureWalk Community Development District	
Debt Service	
Fiscal Year 2020/2021	

Chart of Accounts Classification	Series 2007A	Budget for 2020/2021	
			
REVENUES			
Special Assessments			
Net Special Assessments (1)	$	414,774.80	$ 414,774.80	
			
TOTAL REVENUES	$	414,774.80	$ 414,774.80	

EXPENDITURES			
Administrative			
Financial & Administrative			
Debt Service Obligation	$	414,774.80	$ 414,774.80	
Administrative Subtotal	$	414,774.80	$ 414,774.80	
			
TOTAL EXPENDITURES	$	414,774.80	$ 414,774.80	
			
EXCESS OF REVENUES OVER EXPENDITURES	$0.00	$0.00	

Collection Costs (2%) and Early Payment Discount (4%) applicable to the county:	6.0%

Gross assessments	$ 441,249.79

Notes:	
Tax Roll Collection Costs (2%) and Early Payment Discount (4%) for Walton County is 6.0% of Tax Roll. Budgeted net of tax roll assessments. See Assessment Table.	

(1) Maximum Annual Debt Service less Prepaid Assessments received.

13

Nature Walk Community Development District 

FISCAL YEAR 2020/2021 O&M & DEBT SERVICE ASSESSMENT SCHEDULE

2020/2021 O&M Budget		$303,036.00		
Collection Cost @	2%	$6,447.57		
Early Payment Discount @	4%	$12,895.15		
2020/2021 Total:		$322,378.72		

2019/2020 O&M Budget	
2020/2021 O&M Budget	

$303,036.00	
$303,036.00	

Total Difference:	$0.00

PER UNIT ANNUAL ASSESSMENT	
Proposed Increase / Decrease	
2019/2020	2020/2021	$	%	

Debt Service - Single Family 35'	$1,138.28	$1,138.28	$0.00	0.00%	
Operations/Maintenance - Single Family 35	$598.77	$598.77	$0.00	0.00%	
Total	$1,737.05	$1,737.05	$0.00	0.00%	

Debt Service - Single Family 45'	$1,463.51	$1,463.51	$0.00	0.00%	
Operations/Maintenance - Single Family 45	$772.42	$772.42	$0.00	0.00%	
Total	$2,235.93	$2,235.93	$0.00	0.00%	

Debt Service - Sales Center (1)	$0.00	$0.00	$0.00	0.00%	
Operations/Maintenance - Sales Center	$2,197.49	$2,197.49	$0.00	0.00%	
Total	$2,197.49	$2,197.49	$0.00	0.00%	

Debt Service - Multifamily	$978.92	$978.92	$0.00	0.00%	
Operations/Maintenance - Multifamily	$514.94	$514.94	$0.00	0.00%	
Total	$1,493.86	$1,493.86	$0.00	0.00%	

(1) Prepaid Debt Service Assessment

14

NATURE WALK

FISCAL YEAR 2020/2021 O&M & DEBT SERVICE ASSESSMENT SCHEDULE	
xx			
TOTAL O&M BUDGET		$303,036.00	
COLLECTION COSTS @	2.0%	$6,447.57	
EARLY PAYMENT DISCOUNT@	4.0%	$12,895.15	
TOTAL O&M ASSESSMENT		$322,378.72	

UNITS ASSESSED

SERIES 2007A DEBT

	LOT SIZE	

Total Platted	    297 	

O&M	SERVICE (1) (2)

	Platted Parcels		
	SINGLE FAMILY 35	143	
	SINGLE FAMILY 45	153	
	SALES CENTER	1	

84	
85	
0	

169

ALLOCATION OF O&M ASSESSMENT	
	TOTAL	% TOTAL	TOTAL	
EAU FACTOR	EAU's	EAU's	O&M BUDGET	

1.00	143.00	26.56%	$85,624.36
1.29	197.37	36.66%	$118,179.59
3.67	3.67	0.68%	$2,197.49

PER LOT ANNUAL ASSESSMENT 2007A DEBT
O&M	SERVICE (3)	TOTAL (4)

344.04	63.90%	$206,001.44	

		
$598.77	$1,138.28	
$772.42	$1,463.51	
$2,197.49	$0.00	

 	
	
$1,737.05	
$2,235.93	
$2,197.49	

	MULTIFAMILY	226	

$514.94	$978.92	

Total Unplatted	    226 	

194.36	36.10%	$116,377.28	

226	0.86	194.36	36.10%	$116,377.28

226

395

Total Community	    523 	

538.40	100.00%	$322,378.72	

LESS: Walton County Collection Costs (2%) and Early Payment Discount Costs (4%)	($19,342.72)

Net Revenue to be Collected	$303,036.00

$1,493.86

(1)	Reflects 128 (one hundred twenty eight) prepayments.	

(2)	Reflects the number of total lots with Series 2007A debt outstanding.	

(3)	Annual debt service assessment per lot adopted in connection with the Series 2007A bond issue. Annual assessment includes principal, interest,
Walton County collection costs and early payment discount costs.	

(4)	Annual assessment that will appear on November 2020 Walton County property tax bill. Amount shown includes all applicable collection costs.
Property owner is eligible for a discount of up to 4% if paid early.	

Tab 4

RESOLUTION 2020-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NATUREWALK COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT; IMPOSING SPECIAL ASSESSMENTS; PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the NatureWalk 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 Walton 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 activities described in the District’s budgets for Fiscal Year 2020-2021 (“Budget”), 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 District’s 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, the District has previously levied special assessments to secure repayment of its NatureWalk Community Development District (Walton County, Florida) Capital Improvement Revenue Bonds, Series 2007A (“Series 2007A Bonds”); 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

WHEREAS, the District has previously evidenced its intention to utilize this Uniform Method; and

WHEREAS, the District has approved an Agreement with the Property Appraiser and Tax Collector of the County to provide for the collection of the special assessments under the Uniform Method; 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 Budget; and

WHEREAS, the District desires to collect the Fiscal Year 2020-2021 assessment for Series 2007A Bonds debt service on all developed property and the Fiscal Year 2020-2021 assessment for operations and maintenance on all lands, as reflected on Exhibit “B”, on the tax roll pursuant to the Uniform Method; and

WHEREAS, the District desires to directly collect the Fiscal Year 2020-2021 assessment for debt service on the undeveloped property owned by New NatureWalk, LLC, as reflected on Exhibit “C”; and

WHEREAS, it is in the best interests of the District to adopt the assessment roll of the NatureWalk Community Development District (“Assessment Roll”) attached to this Resolution as Exhibits “B” and “C” and incorporated as a material part of this Resolution by this reference, and to certify the portion of the Assessment Roll identified as Exhibit “B” to the County Tax Collector pursuant to the Uniform Method (“Uniform Method Assessment Roll”) and to certify the portion of the Assessment Roll identified as Exhibit “C” and to directly collect that portion of the Assessment Roll (“Direct Collect Assessment Roll”); and

WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll adopted herein, including that portion 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 NATUREWALK COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. BENEFIT. 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 costs of the assessments. The allocation of the costs to the specially benefitted lands is shown in Exhibits “A,” “B” and “C” and 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,” “B” and “C.” The lien of

the special assessments for operations and maintenance imposed and levied by this Resolution shall be effective upon passage of this Resolution.

SECTION 3. COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST.

Uniform Method Assessments. The collection of the operation and maintenance special assessments shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as set forth in Exhibits “A” and “B.” The collection of the previously levied Series 2007A Bonds debt service assessments on the developed property shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method, as set forth in Exhibits “A” and “B.”

Direct Bill Assessments. The previously levied debt service assessments on the undeveloped property owned by New NatureWalk, LLC, will be collected directly by the District in accordance with Florida law, as set forth in Exhibits “A” and “C.” The Series 2007A Bonds debt service assessments directly collected by the District are due in full on December 1, 2020; provided, however, that to the extent permitted by law, the assessments due may be paid in partial, deferred payments and according to the following schedule: 50% due no later than December 1, 2020, and 50% due no later than April 1, 2021. In the event that an assessment payment is not made in accordance with the schedule stated above, the whole assessment – including any remaining partial, deferred payments for Fiscal Year 2020-2021, as well as any future installments of special assessments securing debt service – shall immediately become due and payable; shall accrue interest, penalties in the amount of one percent (1%) per month, and all costs of collection and enforcement; and shall either be enforced pursuant to a foreclosure action, or, at the District’s sole discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Any prejudgment interest on delinquent assessments shall accrue at the applicable rate of any bonds or other debt instruments secured by the special assessments, or, in the case of operations and maintenance assessments, at the applicable statutory prejudgment interest rate. In the event an assessment subject to direct collection by the District shall be delinquent and the District is unable to attain a quorum for two (2) noticed meetings, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings pursuant to Chapter 170, Florida Statutes, or other applicable law to collect and enforce the whole assessment, as set forth herein.

Future Collection Methods. 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. That portion of the District’s Uniform Method Assessment Roll 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 NatureWalk Community Development District. The District's Direct Collect Assessment Roll, attached to this Resolution as Exhibit “C,” is hereby certified.

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 District’s 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 of Supervisors of the NatureWalk Community Development District.

PASSED AND ADOPTED this 	day of 	, 2020.

ATTEST:	NATUREWALK COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary

By:	 Its: 	

Exhibit A:	Budget
Exhibit B:	Uniform Method Assessment Roll Exhibit C:	Direct Collect Assessment Roll

EXHIBIT A

EXHIBIT B

Uniform Method Assessment Roll

Assessment roll is maintained in the District’s official records and is available upon request. Certain exempt information may be redacted prior to release in compliance with Chapter 119, Florida Statutes

EXHIBIT C

Direct Collect Assessment Roll

Assessment roll is maintained in the District’s official records and is available upon request. Certain exempt information may be redacted prior to release in compliance with Chapter 119, Florida Statutes

Tab 5

RESOLUTION 2020-11

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NATUREWALK COMMUNITY DEVELOPMENT DISTRICT DESIGNATING DATES, TIME AND LOCATION FOR REGULAR MEETINGS OF THE BOARD OF SUPERVISORS OF THE DISTRICT, AND PROVIDING FOR AN EFFECTIVE DATE

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

WHEREAS, the District’s Board of Supervisors (hereinafter the “Board”) is statutorily authorized to exercise the powers granted to the District; and

WHEREAS, all meetings of the Board shall be open to the public and governed by the provisions of Chapter 286, Florida Statutes; and

WHEREAS, the Board is statutorily required to file annually, with the local governing authority, a schedule of its regular meetings.

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

Section 1. Regular meetings of the Board of Supervisors of the District shall be held as provided on the schedule attached as Exhibit “A”.

Section 2. In accordance with Section 189.015(1), Florida Statutes, the District’s Secretary is hereby directed to file annually, with Walton County, a schedule of the District’s regular meetings.

Section 3. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 14TH DAY OF AUGUST, 2020.

ATTEST:	BOARD OF SUPERVISORS OF NATUREWALK COMMUNITY DEVELOPMENT DISTRICT

By:	 Secretary / Assistant Secretary	Chairperson/Vice Chairperson

EXHIBIT “A”
BOARD OF SUPERVISORS MEETING DATES NATUREWALK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2020/2021

November 5, 2020
February 4, 2021
May 6, 2021
August 5, 2021

The above referenced meetings will convene at 3:30 p.m. (CT) at the Walton County Coastal Branch Library, located at 437 Greenway Trail, Santa Rosa Beach, FL 32459.

Tab 6

30A Prowash LLC
3799 E County Highway 30A Unit 4d santa rosa beach, FL 32459 US 850-502-6404
info@30Aprowash.com www.30aprowash.com
Estimate
ADDRESS
Kemery Nature Walk

ESTIMATE # 1330
DATE 07/16/2020

PROJECT NAME:
Nature Walk Rust Removal

ACTIVITY	AMOUNT

Rust Stain Removal	2,500.00

Estimate Notes: Remove all rust stains from entry way to pool facility. This includes concrete pavers, concrete side walks and concrete curbs.

TOTAL	$2,500.00

Accepted By	Accepted Date

Proposal

Proposal Date:	Proposal #:	
7/10/2020	3110	

Nature Walk
c/o Rizzetta and Co.
120 Richard Jackson Blvd # 220 Panama City Beach, FL 32407

Bill To:

The Gathering Place Sage Circle
Santa Rosa Beach, Fl 32459

Ship To

	P.O. NO.	Terms	
		Due on receipt	
Description	Qty.	Rate	Total	
Wash the ribbon curbs from Hwy 395 to the wooden bridge to remove all dirt, mildew, and sprinkler		780.00	780.00	
rust stains.				
Approximately 2,600 sq/ft @ $0.35 sq/ft				
Wash the ribbon curbs from the wooden bridge up to and including Sage Circle to remove all dirt,		2,494.80	2,494.80	
mildew, and sprinkler rust stains.				
Approximately 7,250 sq/ft @ $0.35 sq/ft				
Wash the paver circle (Sage Circle) including the ribbon curb at the edges to remove all dirt, mildew,		945.00	945.00	
and metal rust stains as needed. This includes all of the paver roadway in the circle but does not				
include any parking spaces on the inside of the circle. We will be happy to wash the paver parking				
spaces on the inside of the circle but no rust removal is included.				
Approximately 6,300 sq/ ft @ $0.15 sq/ft				
Wash the common sidewalk along the edge of the loop to remove all dirt, grime, and mildew. This		225.00	225.00	
will include all of the pavers at the entry to the pool and up to the gate to the pool.				
Approximately 1,500 sq/ft @ $0.15 sq/ft				
The reason we are not including the rust stains on the parking spaces is because they are so bad that				
the only way to ever make them look good again is going to be to replace them. We can remove the				
rust but the acid used will turn the pavers white and will be just as unsightly as the rust.				
We look forward to doing business with you. All estimates guaranteed for 90 days.	Total	
$4,444.80	
Phone:	E-mail	Web Site	
850-259-0509	ppwinc@hotmail.com	ppwdestin.com	

PHONE

POST OFFICE BOX 59462, PANAMA CITY, FL 32412-0462

FAX

(850) 785-4675	(850) 769-3456

NATURE WALK ADDITIONAL ITEMS SCHEDULE OF VALUES

-

DESCRIPTION
,VNUI I IVN.>

UNIT GlUANTITY UNIT PRICE

TOTAL
.!h/t.11-:.W

MOBILIZATION	LS	1	$2,030.78	$2,030.78	
MOT	LS	1	$3,378.75	$3,378.75	
TESTING	LS	1	$2,703.00	$2,703.00	
CLEAN UP COST	LS	1	$1,351.50	$1,351.50	
			SUB-TOTAL	$9,464.03	

1.>11 cnvnn.					
PERVIOUS CONCRETE (REMOVE & REPLACE) 8" THICK	SF	2828	$17.58	$49,716.24	
SIGNAGE (BLACK)	EA	9	$439.24	$3,953.16	
THERMO STOP BARS	EA	9	$425.73	$3,831.57	
			SUB-TOTAL	$57,500.97	

EXCLUSIONS

GRAND TOTAL

$ss,9ss.oo1

THE FOLLOWING IS EXCLUDED FROM PROPOSAL... LANDSCAPE & IRRIGATION, SOD, BOND, LAYOUT, ASBUILTS, AND ANYTHING NOT SPECIFICALLY DETAILED OUT ABOVE.

.';?.;if±...

GAC WILL NEED ALL TRAFFIC & VEHICLES REMOVED/ RELOCATED PRIOR TO SHOWING UP. GAC CONTRACTORS, INC.

VICE PRESIDENT - CIVIL

QUAL  TY SINCE 1958
CGC1522062 • CUC056975 • CBC057933

Pat Shea's Concrete, Inc 236 Escanaba Ave
Panama City Beach, FL 32413

Proposal

Jim

Name / Address

Nature Walk

Project

Description

Total

0.00

.

Proposal is to tear out existing roadway & repour with Pervious Concrete, Labor - Excavate, dispose of existing concrete, form, prep, pour & finish Materials - Pervious Concrete
Approx 282 sq ft

Pour Back @ 6" Thick	Total - $25,452.00 Pour Bach @ 8" Thick (Highly Recommend)		Total - $28,280.00

6/22/2020

Date

DOES NOT INCLUDE - EXCAVATION , PRETREAT, ANCHORING HARDWARE (BOLTS, STRAPS,POST BRACKETS, ETC..) FILL DIRT, FILLING SLAB TO GRADE, SITE PREPERATION, BLOCK OR BLOCK FILL UNLESS SPECIFIED ABOVE.

Total

$0.00