NatureWalk Community Development District

Board of Supervisors’ Meeting June 6, 2023

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

www.naturewalkcdd.org

NATUREWALK
COMMUNITY DEVELOPMENT DISTRICT AGENDA
Walton Area Chamber of Commerce, 63 South Centre Trail, Santa Rosa Beach, FL 32459

District Board of Supervisors	Jonette Coram
Todd Egizii	Chairman
Vice Chairman	
	Mike Grubbs Danell Head	Assistant Secretary Assistant Secretary	
	Skylar Lee	Assistant Secretary	

District Manager	Kimberly O’Mera	Rizzetta & Company, Inc.	
District Counsel	Joseph Brown	Kutak Rock LLP	
District Engineer	James Martelli, P.E.	Innerlight Engineering Corporation	
Bond Counsel	Cynthia E. Wilhelm	Nabors, Giblin & Nickerson, P.A.	

All cellular phones must be placed on mute while in the meeting room.

The Public Comment portion of the agenda is where individuals may make comments on any 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 (239) 936-0913. 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 · Panama City Beach, Florida · (850) 334-9055 Mailing Address · 3434 Colwell Avenue, Suite 200, Tampa, Florida 33614
www.NatureWalkCDD.org

Board of Supervisors NatureWalk Community Development District

Dear Board Members:

May 30, 2023

AGENDA

The Special meeting of the Board of Supervisors of the NatureWalk Community Development District will be held on Tuesday, June 6, 2023, at 12:00 p.m. (Central Time) at the Walton Area Chamber of Commerce, 63 South Centre Trail, Santa Rosa Beach, FL 32459. The following is the agenda for this meeting.

CALL TO ORDER/ROLL CALL
AUDIENCE COMMENTS ON AGENDA ITEMS
BUSINESS ADMINISTRATION
Consideration of the Minutes of the Board of Supervisors’
Meeting held on May 9, 2023 .................................................	Tab 1
Ratification of the Operations and Maintenance
Expenditures for the Month of April 2023 ...............................	Tab 2
STAFF REPORTS
District Landscape Provider
Presentation of District Landscaping Report................	Tab 3
District Counsel
District Engineer
District Manager
Presentation of District Manager Report (Under Separate Cover)
BUSINESS ITEMS
Ratification of Acceptance of Landscape and Irrigation
Expenditures - GreenEarth.....................................................	Tab 4
Work Authorization #5, Phase 2 Controller & Pump Start Relay
Work Authorization #6, Lovegrass Irrigation Repair
Work Authorization # 7, Phase 1 Sandgrass Boulevard Irrigation Repair
Work Authorization #8, Phase 2 Sandgrass Boulevard Irrigation Repair
Work Authorization # 9, Palm Tree Trimming
Continued Discussion and Consideration of Approval of
Sod Replacement Projects, Green Earth................................	Tab 5
Consideration of Signage Request – Duck Crossing and
Safety Signs ...........................................................................	Tab 6

NatureWalk Community Development District
Agenda – Page 2 May 30, 2023

D.	Consideration of Proposals for Pond 13 Bulkhead Repair......	Tab 7	
1.	DC Storey		
2.	Segovia Marine		
3.	RJ Gorman Marine Construction, LLC.		
4.	Emerald Coast Scapes		
E.	Update Discussion on Proposals for Painting Projects...........	Tab 8	
1.	DC Storey		
2.	Monzant Painters		
3.	Fast & Forgettable PCB Construction		
4.	CertaPro		
F.	Update on Requests for Proposals for Sidewalk Repairs		
1.	Alpha Foundations.......................................................	Tab 9	
G.	Discussion/Consideration of Nature Bridges Proposal(s) for		
Repair of Bridge 1 Abutment (Under Separate Cover)		
H.	Discussion Regarding Proposed Encroachment Policy..........	Tab 10	
I.	Consideration of Audit Committee Recommendation		
J.	Review and Acceptance of Arbitrage Rebate Report,		
as Prepared by AMTEC..........................................................	Tab 11	
K.	Consideration of Boardwalk Proposal-Virgin Brothers............	Tab 12	
6.	SUPERVISOR REQUESTS AND AUDIENCE COMMENTS		
7.	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,
Kimberly O’Mera
Kimberly O’Mera District Manager

Tab 1

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
May 9, 2023 - Minutes of Meeting
Page 1

1	MINUTES OF MEETING
2
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.
7
8	NATUREWALK
9	COMMUNITY DEVELOPMENT DISTRICT
10
The special meeting of the Board of Supervisors of the NatureWalk Community
Development District was held on Thursday, May 9, 2023, at 12:00 p.m. at the Walton
County Coastal Branch Library, located at 437 Greenway Trail, Santa Rosa Beach, FL
32459.
15
16	Present and constituting a quorum:
17
Jonette Coram	Board Supervisor, Chairman
Todd Egizii	Board Supervisor, Vice Chairman
Mike Grubbs	Board Supervisor, Assistant Secretary
Danell Head	Board Supervisor, Assistant Secretary
Skylar Lee	Board Supervisor, Assistant Secretary
23
24	Also present were:
25
Kimberly O’Mera	District Manager, Rizzetta & Company, Inc.
Joseph Brown	District Counsel, Kutak Rock, LLP
(Via Speakerphone)
Jim Martelli	District Engineer, InnerLight Engineering
(Via Speakerphone)
Jess Smith	District Landscape Provider, GreenEarth
Brandon Henderson	District Landscape Provider, GreenEarth
33
34	Audience	There were two (2) audience members present.
35
36	FIRST ORDER OF BUSINESS	Call to Order
37
38	Ms. O’Mera called the meeting to order at 12:03 p.m.
39
40	SECOND ORDER OF BUSINESS	Audience Comments on Agenda Items
41
42	There were no audience comments.
43

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
May 9, 2023 - Minutes of Meeting
Page 2

44	THIRD ORDER OF BUSINESS	Consideration of the Minutes of the	
45		Board	of	Supervisors’ Meeting	held	
46		March 9, 2023		
47						
48	Ms. O’Mera presented the Minutes of the Special Meeting held on March 9, 2023.	
49	
On a Motion by Ms. Coram, seconded by Mr. Egizii, with all in favor, the Board approved the minutes of the Special Meeting held on March 9, 2023, for the NatureWalk Community Development District.	
50
FOURTH ORDER OF BUSINESS	Ratification	of	the	Operations	and
Maintenance	Expenditures	for	the
Months of December 2022, and January,
February, and March 2023
55
Ms. O’Mera presented the Operations and Maintenance Expenditures and asked
the Board if they had any questions. General discussion ensued.
58

On a Motion by Ms. Coram, seconded by Mr. Grubbs, with all in favor, the Board ratified Operations and Maintenance Expenditures for December 2022 in the amount of
$63,269.25, January 2023 in the amount of $29,040.05, February 2023 in the amount of 24,648.39, and March 2023 in the amount of $53,897.91, for the NatureWalk Community Development District.

59
FIFTH ORDER OF BUSINESS	Appointment of Audit Committee and
Scheduling the First Meeting of the
Audit Committee
63
The Board appointed themselves as the Audit Committee and set the first Audit
Committee meeting to be held prior to the Board meeting on June 6, 2023.
66

On a Motion by Ms. Coram, seconded by Ms. Head, with all in favor, the Board appointed the Board of Supervisors’ as the Audit Committee and set the first Audit Committee meeting for June 6, 2023, , for the NatureWalk Community Development District.

67
68	SIXTH ORDER OF BUSINESS	Consideration	of	Settlement	
69		Agreement Related to Parcel E		
70						
71	Ms. O’Mera turned the presentation over to Mr. Brown. Mr. Brown gave a detailed	
72	presentation of the documents behind Tab 3 of the agenda packet, including	an	
73	explanation of the items that he added for clarity. General discussion ensued amongst	
74	the Board and Mr. Brown.					
75						

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
May 9, 2023 - Minutes of Meeting
Page 3

76	On a Motion by Mr. Egizii, seconded by the Settlement Agreement Related to P make non-substantial edits, giving fi Chairman, and authorizing the Chairman the landowner, for the NatureWalk Com	Mr. Grubbs, with all arcel E in substant nal approval and
to work with Staff munity Developme	in favor, the B ial form, autho execution au on ongoing di nt District.	oard ap rizing thority scussi	proved Staff to to the ons with	
77	SEVENTH ORDER OF BUSINESS	Ratification of Cost Increase for Fence	
78		Installation	Agreement	with	Virgin	
79	Brothers, LLC.
80
Ms. O’Mera stated that the Board approved the proposal from Virgin Brothers, LLC.
for the replacement of Pond 14 fencing in the amount of $8,167.00 at the March 9, 2023,
meeting. Upon consultation with District Staff, the Chairman accepted a final agreement in
the amount of $8,744.00, which includes the vendor’s expense to name the District as
additionally insured with respect to its liability policies.
86

On a Motion by Mr. Grubbs, seconded by Ms. Head, with all in favor, the Board ratified Pond 14 Fence Replacement Agreement, Virgin Brothers, LLC., in the amount of
$8,744.00, for the NatureWalk Community Development District.

87
EIGHTH ORDER OF BUSINESS	Ratification of Acceptance of Spring
Pine Straw Proposal
90
Ms. O’Mera stated that Ms. Coram worked with Southeast Straw to finalize and
execute the Spring pine straw application. Ms. Coram reviewed the total number of bales
used and associated costs with the Board.
94

On a Motion by Mr. Egizii, seconded by Mr. Grubbs, with all in favor, the Board ratified the Spring pine straw application expense, Southeast Straw in the amount of
$30,475.75, for the NatureWalk Community Development District.

95
NINTH ORDER OF BUSINESS	Consideration of Amended HOA Request
to Relocate Fido Stations
98
Ms. O’Mera turned the presentation over to Ms. Coram. Ms. Coram stated that she
received a revised request from the Homeowners’ Association (HOA) following feedback they
received from owners on the location plan they previously requested District approval for. Mr.
102	Egizii described the locations of existing stations without waste collection baskets and the	
103	frequency of waste not being disposed of properly as a result of having no place to dispose of	
104	the bags provided. General discussion ensued. Ms. Coram will attend the next HOA meeting	
105	to request that all Fido stations on District property have waste baskets installed.	
106		

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
May 9, 2023 - Minutes of Meeting
Page 4

On a Motion by Ms. Coram, seconded by Mr. Lee, with Mr. Egizii opposed, the Board approved the Amended HOA Request to Relocate Fido Stations, for the NatureWalk Community Development District.

107
TENTH ORDER OF BUSINESS	Discussion	and	Consideration	of
Engaging with Biome Consulting Group
Related to Beaver Activity in Stormwater
Retention Pond(s)
112
Ms. O’Mera gave an overview of the beaver activity reported to the District and the
timelines provided by Biome Consulting Group for an initial evaluation of the activity. She
stated that Biome Consulting Group will perform an initial site visit to evaluate the activity
prior to submitting any proposal for services. Their preliminary evaluation will give
recommendations as to whether the District should take any action. Ms. O’Mera will provide
the Board with updates as more information is known.
119
ELEVENTH ORDER OF BUSINESS	Presentation of Roadway and Sidewalk
Settlement Report – Bridge 1 – Atlas
Engineering and Consultants
123
Ms. O’Mera turned the presentation over to Ms. Coram. Ms. Coram reviewed the
report with the Board. Mr. Lee recommended that the District use the report as a baseline to
continue monitoring the areas of concern. General discussion ensued. Ms. Coram will
request a proposal from Nature Bridges to install the timber item recommended in the report.
The Board agreed that the area will be reevaluated upon completion of the FY23/24 bridge
maintenance project by Atlas Engineering following the same report process.
130
TWELFTH ORDER OF BUSINESS	Discussion and Consideration of District
Maintenance Projects
133
1. Sidewalk Projects
2. Painting Projects
136
Ms. O’Mera turned the presentation over to Ms. Coram. Ms. Coram reviewed the sidewalk
repair and painting needs audits. General discussion ensued. The Board would like to have
proposals for consideration at the next meeting.
140
THIRTEENTH ORDER OF BUSINESS	Discussion and Consideration of Pond 13
Bulkhead Repair/Replacement
143
Mr. Martelli presented his firm’s evaluation of Pond 13 bulkhead repairs needed. Mr.
Martelli stated that they prepared a more detailed report so that the District could use the
scope recommendation as a template for future repairs.	Mr. Martelli described the
recommendation from RJ Gorman Marine Construction, LLC. to change the orientation of
the replacement boards. General discussion ensued.

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
May 9, 2023 - Minutes of Meeting
Page 5

149
150

A revised proposal will be requested from RJ Marine Construction and others with a

written requirement that the contractor removes only one (1) bulkhead board prior to
removing all existing boards in order to evaluate the existing condition underneath, with
immediate notice to the District of concealed conditions warranting substantial changes in
the scope of work.
155
FOURTEENTH ORDER OF BUSINESS	Presentation	of	Three	to	Five	Year
Landscaping Plan - GreenEarth
158
Ms. O’Mera turned the presentation of the business item over to Ms. Smith and Mr.
Henderson. Mr. Henderson presented the Three to Five Year Landscaping Plan detailing the
milestones, recommendations, associated costs for projects, and GreenEarth’s ability to
finance the sod installation cost interest-free for a period. General discussion ensued.
163
The Board left the business item open for continued discussion and consideration
during the FY2023/2024 discussion.
166
FIFTEENTH ORDER OF BUSINESS	Presentation of the Proposed Budget for
Fiscal Year 2023-2024 and Consideration
of	Resolution	2023-03	Approving	a
Proposed	Budget	for	Fiscal	Year
2023/2024 and Setting a Public Hearing
thereon
173
Ms. O’Mera presented the Proposed Budget for Fiscal Year 2023-2024 and turned
the discussion over to the Board. General discussion of the budget ensued with continued
discussion of the Three to Five Year Landscaping Plan as it related to budget planning.
177
There was general agreement amongst the Board on immediately moving forward
with the sod replacements recommended in the landscaping plan, offered at interest-free
financing of fifty percent (50%). General discussion ensued.
181
The Board made the following changes to the Proposed Budget: $143,000.00 Line
54, Landscape Maintenance, $30,000.00 Line 58: Landscape Replacement, Plants, Shrubs,
Trees, & Sod, $32,500.00 Line 66: Roadway Repair & Replacement.
185

On a Motion by Mr. Grubbs, seconded by Mr. Egizii, with all in favor, the Board adopted Resolution 2023-03, Approving a Proposed Budget for Fiscal Year 2023/2024 and Setting a Public Hearing for August 3, 2023, at 12:00 p.m. at the Walton County Coastal Branch Library located at 437 Greenway Trail, Santa Rosa Beach, FL 32459, for the NatureWalk Community Development District.

186

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
May 9, 2023 - Minutes of Meeting
Page 6

187	On a Motion by Mr. Egizii, seconded by M sod replacements with a not-to-excee irrigation expenses), authorizing Staff to the Chairman following the receipt of following meeting, for the NatureWalk C	r. Grubbs, with all in favor, the Board approved d in the amount of $52,000.00 (inclusive of prepare a formal agreement to be executed by a satisfactory proposal, to be ratified at the ommunity Development District.	
188	SIXTEENTH ORDER OF BUSINESS	Confirming Authorized Representatives	
189		for Parking Enforcement	
190

On a Motion by Ms. Coram, seconded by Mr. Egizii, with all in favor, the Board approved persons authorized to approve towing enforcement as Mr. Lee, Ms. Head, and Ms. O’Mera, for the NatureWalk Community Development District.

191
SEVENTEENTH ORDER OF BUSINESS	Consideration	of	Addendum	to
Encroachment	Policy	for	Preexisting
Encroachments
195
Ms. O’Mera turned the presentation over to Mr. Brown. Mr. Brown presented the
addendum and a general discussion ensued.
198
On a Motion by Ms. Coram, seconded by Mr. Egizii, with all in favor, the Board directed Staff to notice Rulemaking for the Encroachment Policy, for the NatureWalk Community Development District.
199
EIGHTEENTH ORDER OF BUSINESS	Consideration	of	Resolution	2023-04,
Redesignating Officers of the District
202
203	Mr. Grubbs and Mr. Lee stated their intent to resign from the Board of Supervisors.
204

On a Motion by Ms. Head, seconded by Ms. Coram, with all in favor, the Board accepted the Resignation of Mr. Grubbs from Seat 3 and Mr. Lee from Seat 5, for the NatureWalk Community Development District.

205
	
On a Motion by Mr. Egizii, seconded by Ms. Head, with all in favor, the Board appointed Mr. Mike Grubbs to Seat 5 with a term expiring November 2024, and Mr. Lee to Seat 3 with a term expiring November 2026, for the NatureWalk Community Development District.	
206
207
208
209
210
211
212	
The Oath of Office was administered to Mr. Grubbs and Mr. Lee.

NINETEENTH ORDER OF BUSINESS	STAFF REPORTS

A. District Landscape Providers
1. Presentation of District Landscaping Report	

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
May 9, 2023 - Minutes of Meeting
Page 7

213	Ms. Smith presented the landscaping reports. General discussion ensued. Ms.	
214	Smith stated that the area where wildflowers were to be installed to complete	
215	the Lily Park project was found to be holding water following the first substantial	
216	rain. Ms. Smith explained that the wildflowers would not be suitable for those	
217	conditions and recommended that they be substituted with swamp hibiscus	
218	plants. The Board was amenable to the substitution. GreenEarth will determine	
219	the availability and quantity of the swamp hibiscus that can be substituted	
220	within the project’s cost approval.	
221
2. Presentation	and	Ratification	of	Acceptance	of	GreenEarth	Contract
Assignment
Mr. Henderson stated that GreenEarth’s ownership is changing and stated that
it will not result in any structural, staffing, or service changes for the community.
Ms. O’Mera stated that in order to meet the deadline required in the request,
Ms. Coram executed the document, and the Board would need to ratify the
acceptance.
229

On a Motion by Mr. Egizii, seconded by Ms. Head, with all in favor, the Board ratified acceptance of the GreenEarth Contract Assignment, for the NatureWalk Community Development District.

230
B. District Counsel
Mr. Brown did not have a report outside of business discussed earlier in the
meeting.
234
C. District Engineer
Mr. Martelli stated that the master plans are still in progress. Upon substantial
completion, he will share them with Staff and Chairman to finalize any needs and
present them to the Board at the next Board meeting to follow the review.
239
D. District Manager
1. Presentation of District Manager Report
Ms. O’Mera stated that per the Walton County Supervisor of Elections,
the number of registered voters residing within NatureWalk Community
Development District as of April 15, 2023, was two hundred and twenty
(220). An update on open items was provided.
246
247	TWENTIETH ORDER OF BUSINESS	Supervisor Requests and Comments	
248								
249	There	were	no	Supervisor Requests and	no	audience members remained in	
250	attendance.						
251						
252						
253						
254						

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
May 9, 2023 - Minutes of Meeting
Page 8

255		
256	TWENTY FIRST ORDER OF BUSINESS	Adjournment	
257			
258	Ms. O’Mera advised there was no further business to come before the Board and	
259	asked for a motion to adjourn the meeting.		
260	
On a Motion by Ms. Coram, seconded adjourned the meeting at 4:20 pm, for Nat	
by Ms. Head, with all in favor, the Board ureWalk Community Development District.	
261			
262			
263			
264	 		 		
265	Secretary/Assistant Secretary	Chairman/ Vice Chairman	
266			
267			

Tab 2

NatureWalk Community Development District

DISTRICT OFFICE ꞏ PANAMA CITY BEACH, FL 32407
Mailing Address ꞏ 3434 Colwell Avenue, Suite 200 ꞏ Tampa, Florida 33614 www.NatureWalkCDD.org

Operations and Maintenance Expenditures April 2023
For Board Approval

Attached please find the check register listing the Operation and Maintenance expenditures paid from April 1, 2023 through April 30, 2023. This does not include expenditures previously approved by the Board.

The total items being presented:  $132,793.24

Approval of Expenditures:

	 Chairperson

	 Vice Chairperson

	 Assistant Secretary

NatureWalk Community Development District Paid Operation & Maintenance Expenditures April 1, 2023 Through April 30, 2023	

Vendor Name		
Check Number	
Invoice Number		
Invoice Description		
 Invoice Amount	

AMTEC
Atlas Engineering & Consulting, LLC

Danell Head	

100149

100136

100141	

4/23/4894

1

DH040623	
Capital Improvement Revenue Bonds, Series 2007A & 2007B 04/23

Engineering Services 03/23
Board of Supervisors Meeting 04/06/23	

$

$

$	

450.00

400.00

200.00	
GreenEarth Southeast, LLC	100138	93330	Irrigation Repairs 02/23	$	433.73	
GreenEarth Southeast, LLC	100138	93335	Aquatic Maintenance 02/23	$	2,711.00	
GreenEarth Southeast, LLC	100138	94597	Irrigation Repairs 03/23	$	242.57	
GreenEarth Southeast, LLC	100138	94856	Landscape Maintenance 04/23	$	9,907.25	
GreenEarth Southeast, LLC	100153	95283	Landscape Enhancement 04/23	$	4,468.92	
GreenEarth Southeast, LLC

IPFS Corporation	100153

100135	95287
Insurance Payment Seven 04/23	Irrigation Repairs 04/23

Insurance Payment Seven 04/23	$

$	1,615.83

2,763.18	

NatureWalk Community Development District	
Paid Operation & Maintenance Expenditures	
April 1, 2023 Through April 30, 2023	

Vendor Name		
Check Number	
Invoice Number		
Invoice Description		
 Invoice Amount	

J.D James, Inc	
100142	
NatureBridges040423	
Year 2 Bridge Construction 04/23	
$	
89,800.00	
Jonette Anne Coram	100145	Coarm040423	Reimbursable Expenses 04/23	$	51.20	
			Board of Supervisors Meeting			
Jonette Anne Coram	100143	JC040623	04/06/23	$	200.00	
Kara and David Starkey	100150	Starkey041323	Overpayment Refund 04/23	$	248.66	
Kutak Rock, LLP	100154	3168678	Legal Services 12/22	$	2,344.00	
Kutak Rock, LLP	100152	3209529	Legal Services 03/23	$	2,544.50	
Kutak Rock, LLP	100152	3209531	Legal Services 03/23	$	105.00	
Naturewalk Community		Initial Deposit to Fund Debit	Initial Deposit to Fund Debit Card			
Development District	100151	Card 04/23	04/23	$	3,500.00	
Rizzetta & Company, Inc.	100134	INV0000078832	District Management Fees 04/23	$	4,548.50	
The Lake Doctors, Inc.	100137	1752340	Fountain Maintenance 03/23	$	710.00	

NatureWalk Community Development District Paid Operation & Maintenance Expenditures April 1, 2023 Through April 30, 2023

Vendor Name		Check Number	Invoice Number		Invoice Description		 Invoice Amount	

The Ledger / News Chief/ CA			
Account #536208 Legal		
Florida Holdings, LLC	100148	5433986	Advertising 03/23	$	301.65	
			Board of Supervisors Meeting		
Todd B. Egizii	100144	TE040623	04/06/23	$	200.00	
VGlobal Tech	100139	4918	Website Maintenance 04/23	$	300.00	
			Deposit for Pond #14 Fence		
Virgin Brothers LLC	100146	VriginBrothers041723	Replacement 04/23	$	4,372.25	
Walton County Chamber of					
Commerce	100140	41777	Board Room Rental 11/03/22	$	125.00	
Walton County Chamber of					
Commerce
Walton County Chamber of	100140	42239	Board Room Rental 05/09/23	$	125.00	
Commerce	100140	42240	Board Room Rental 06/06/23	$	125.00	

Report Total	$	132,793.24

Tab 3

May Completed Services Nature Walk CDD

Chemical:
Turf Insecticide May 10th
Turf Fertilizer May 10th
Maintenance teams will continue to spot spray beds.

General Maintenance: Bi - Weekly
May 1st
May 8th
May 15th
May 22nd
May 30th

Trails Maintenance
May 15th

3 Focal Ponds
May 1st

Irrigation Audit:
May 11th Could not complete audit fully due to Sandgrass being down due to short in wire.
The zones that are down are 2,4,5,6 which are in yellow on the map below.
1st Option -
	Was to continue trouble shooting this section valve by valve to attempt to locate the ground short. We could not locate the faulty wire. We installed nodes to the areas that were not getting water to make sure the turf does not go without water and has adequate coverage. The zones that are down are 2,4,5,6 which are in yellow on the map. Cost of $3840 DNE for labor and materials

2nd Option –
•Had to bore under Sandgrass and the sidewalk to connect wire due to a current split in the wire that we cannot locate.
GreenEarth had to trench wire from the controller to valves 2,4,5,6,&7.
•Dig up each valve and rewire them.
•Reprogram the controller

Pine Straw Install:
Completed week of May 1st

Chemical:

June Anticipated Services Nature Walk CDD

Turf Weed Control June 8th.
Maintenance teams will continue to spot spray beds throughout the month.

General Maintenance: Bi - Weekly
June 5th
June 12th
June 19th
June 26th

Trails Maintenance
June 19th

3 Focal Ponds
June 5th

Pruning
June 19th
Pruning: Trees (under 8'), shrubs, ground covers, and perennials will be pruned to maintain desired forms and any other necessary pruning that coincides with general horticultural practices. This will include keeping signs and street lamps clear of low hanging branches. All sidewalks will be kept clear for traffic and line of sight. Structural pruning and arbor work are not included. No unmanicured beds or plant material are included.

*All sidewalks only will be kept clear of landscaping encroachments to allow ingress/egress and pedestrian and bicycle passage on an "as needed" basis.

Irrigation Audit:

June 19th

Tab 4

ADDENDA NO. 5 FOR ADDITIONAL WORK AUTHORIZATION

THIS WORK AUTHORIZATION ("Work Authorization"), dated March 28, 2023, authorizes additional work in accordance with the Landscape Maintenance Agreement By and Between NatureWalk Community Development District and GreenEarth Southeast, LLC, dated January I, 2022 ("Agreement"), by and between:

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT, a local unit of special­ purpose government established pursuant to Chapter I 90, Florida Statutes, and located in Walton County, Florida ("District"); and

GREENEARTH SOUTHEAST, LLC, a Florida limited liability company, whose address is 15 I 67 Highway 331 Business, Suite B, Freeport, Florida 32439 ("Contractor").

SECTION 1. SCOPE OF SERVICES. In addition to the Services described in the Agreement and any Exhibits, Amendments, Addenda, Addendum, Change Order, or Work Authorizations thereto, Contractor shall complete the Phase Two (2) Irrigation Controller plus Pump Station Relay Replacement, as set forth in Contractor's Proposal, dated March 16, 2023, and attached hereto as Exhibit A, which is incorporated herein by reference, all in accordance with the terms of the Agreement ("Additional Services").

SECTION 2. COMPENSATION. It is understood and agreed that the compensation for the Additional Services under this Work Authorization shall be charged at one thousand, six hundred and fifteen dollars($ I ,6 I 5.00), and shall be remitted in the manner set forth in the Agreement. The total compensation for the Additional Services shall not exceed the actual services and/or work rendered under this Work Authorization. It is understood and agreed upon that the compensation for the completion of the Additional Services is based upon all materials and labor required to perform such services. Prior to performing the Additional Service, Contractor shall provide a list of locations whereat the Additional Services will be performed to the District's representative, who may require such additional documentation as deemed required by the Federal Emergency Management Agency.

SECTION 3. FINAL AGREEMENT. This Work Authorization, together with the Agreement, any Exhibits, Amendments and Work Authorizations thereto, represents the entire understanding between the District and the Contractor with regard to the Additional Services and supersedes any previously executed proposal or agreement related to the provision of such services.

SECTION 4. ACCEPTANCE. Acceptance of this Work Authorization will authorize the Contractor to complete the Additional Services as outlined herein and is indicated by the signature of the authorized representative of the District and the Contractor in the spaces provided below. Contractor shall commence the aforesaid Additional Services as provided herein and shall perform the same in accordance with the terms and conditions of the Agreement, which, except to the extent expressly altered or changed in this Work Authorization, remain in full force and effect.

lN WlTNESS WHEREOF, the parties hereto have caused this Work Authorization to be executed the day and year first above written.

ATTEST:	NATUREW ALK COMMUNITY
DEVELOPMENT DISTRICT

Chairperson, Board of Supervisors

WITNESS:	GREENEARTH SOUTHEAST, LLC

Jcu'caSm11h(¥a,,a,1cn U:)4CDT)	

oralU{o1t1tem(er,ro11

 e,. o..	,  .f	am	

Mr,Cl'fWII  ll.  ?CU  I  Ul 

Witness	By: Brandon Henderson
Its: Branch Manager

Exhibit A:	Scope of Additional Services

Exhibit A:	Scope of Additional Services

Property:

Proposal#30635
Date: 3/16/2023

Landscape Service Provider:

GreenEarth Southeast, LLC 15167 Highway 331 Business Suite B
Freeport, FL 32439

Nature Walk COD

Santa Rosa Beach, FL 32459

Constitutes the entire agreement between the aforementioned parties and includes the scope of service, guarantees, terms and conditions, pricing, and payment responsibilities for landscape services provided at:

Nature Walk COD

Santa Rosa Beach, FL 32459

Phase 2 Irrigation Controller + Pump Start Relay Replacement

Upon Culligans visit, it was discovered that the pump start relay, module and irrigation controller needs to be replaced. This controls Phase 2 from 2nd bridge to the entrance of phase 2 ( salamander circle ). We also discovered the new oak that was installed in front on salamander pond is not getting any irrigation due to this zone being down.

Labor $287 Materials $1328

Material Needed:

(Qty 1) Hunter Pump Start Relay Double Pole/Single Throw 3-1/2 HP 240 V 1 Phase In Nema 3R Wall Mt Plastic Enclosure

(QTY 1) Rain Bird ESP-Me Smart Controller LNK WiFi 4 Station Modular (Qty 3) Rain Bird Expansion Module ESPSM6 6 Station
GreenEarth does not "warranty" parts. We use the manufacture warranty

Warranty- Items highlighted pertain to materials ordered.

RainBird Landscape Irrigation and Drainage Products

1800 Series Pop-Up Spray Heads, U-Series Nozzles, PA-8S and PA-8S-PRS Shrub Adapters, 1300 and 1400 Bubblers, 5000 Series Rotors, 5500 Series Rotors, 8005 Series Rotors, Falcon® 6504 Series Rotors, PEB/PESB/PESB-R Plastic Valves, DV/DVF and ASVF Plastic Valves, VB Series Valve Boxes, ICWM Water Meters and XF Series Dripline* - 5 years
XFS-CV Root Intrusion Warranty- 16 years. This limited warranty provides replacement XFS­ CV when (1) the XFS-CV is used with the following Rain Bird components: XF Dripline Insert fittings; filters; pressure regulators; and control valves, (2) root intrusion is through the tube outlet at the emitter(s), and (3) output flow from the emitter(s) is reduced by at least 50% or more of the nominal flow. The amount of replacement XFS-CV will be sufficient to replace the blocked flow emitter(s).
C2 Power Unit - 2 years
Pump Start Relays - 1 year for controls/electronics, 2 years for enclosure
All other Landscape Irrigation and Drainage products - 3 years
*XF Series Dripline - 7 Years on Environmental Stress Cracking (ESCR)

HUNTER CONTROLLERS/ ACCESSORIES

ifwo Years: ACC (Legacy), BTT, Hydrawise controllers (HC, WAND, PHC, HPC, and HCC), I-Core/DUAL Families (Legacy), NODE, NODE-BT, Pro-C Families, PSR, ROAM, X2. XC Hybrid, and X-Core

Total:	$1,615.00	Plus Applicable Taxes

Your and Our Acceptance:
This Agreement will become effective only after acceptance as evidenced by the respective signatures of the parties' authorized representatives. This Agreement includes all of your and our obligations. No person has authority to make any claim, representation, promise or condition on our behalf that is not documented within this Agreement.

By	By
Jessica Smith

Date

3/16/2023	Date

GreenEarth Southeast, LLC	Nature Walk CDD

2023-03-28 - NatureWalk COD - Work Authorization #5 - GreenEarth - Phase 2 Controller & Pump Start Relay, unexecuted

Created:

2023-03-28

By:

Kim O'Mera (komera@rizzetta.com}

Status:

Signed

Transaction ID:

CBJCHBCAABAAhBUfh25wHUC9UdpwbHRtLPXf83Cthq0C

Final Audit Report	2023-03-28

"2023-03-28 - NatureWalk COD - Work Authorization #5 - Gree nEarth - Phase 2 Controller & Pump Start Relay, unexecuted" Hi story
'El Document created by Kim O'Mera (komera@rizzetta.com)
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0o Signer seat1@naturewalkcdd.org entered name at signing as Jenette A Coram
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ADDENDA NO. 6 FOR ADDITIONAL WORK AUTHORIZATION

THIS WORK AUTHORIZATION ("Work Authorization"), dated May 8, 2023, authorizes additional work in accordance with the Landscape Maintenance Agreement By and Between NatureWalk Community Development District and GreenEarth Southeast, LLC, dated January I, 2022 ("Agreement"), by and between:

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT, a local unit of special­ purpose government established pursuant to Chapter 190, Florida Statutes, and located in Walton County, Florida ("District"); and

GREENEARTH SOUTHEAST, LLC, a Florida limited liability company, whose address is 15167 Highway 331 Business, Suite B, Freeport, Florida 32439 ("Contractor").

SECTION 1. SCOPE OF SERVICES. In addition to the Services described in the Agreement and any Exhibits, Amendments, Addenda, Addendum, Change Order, or Work Authorizations thereto, Contractor shall complete investigative irrigation work near 30 Lovegrass Way to determine the cause of the irrigation malfunction, estimated time to be one (I) day with two (2) men, as set forth in Contractor's written Proposal, dated March 8, 2023, and attached hereto as Exhibit A, which is incorporated herein by reference, all in accordance with the terms of the Agreement ("Additional Services").

SECTION 2. COMPENSATION. It is understood and agreed that the compensation for the Additional Services under this Work Authorization shall be charged at labor and materials in an amount not to exceed three thousand dollars ($3,000.00), and shall be remitted in the manner set forth in the Agreement. The total compensation for the Additional Services shall not exceed the actual services and/or work rendered under this Work Authorization. It is understood and agreed upon that the compensation for the completion of the Additional Services is based upon all materials and labor required to perform such services. Prior to performing the Additional Service, Contractor shall provide a list of locations whereat the Additional Services will be performed to the District's representative, who may require such additional documentation as deemed required by the Federal Emergency Management Agency.

SECTION 3. FINAL AGREE:MENT. This Work Authorization, together with the Agreement, any Exhibits, Amendments and Work Authorizations thereto, represents the entire understanding between the District and the Contractor with regard to the Additional Services and supersedes any previously executed proposal or agreement related to the provision of such services.

SECTION 4. ACCEPTANCE. Acceptance of this Work Authorization will authorize the Contractor to complete the Additional Services as outlined herein and is indicated by the signature of the authorized representative of the District and the Contractor in the spaces provided below. Contractor shall commence the aforesaid Additional Services as provided herein and shall perform the same in accordance with the terms and conditions of the Agreement, which, except to the extent expressly altered or changed in this Work Authorization, remain in full force and effect.

IN WITNESS WHEREOF, the parties hereto have caused this Work Authorization to be executed the day and year first above written.

ATTEST:	NATUREWALK COMMUNITY
DEVELOPMENT DISTRICT

Chairperson, Board of Supervisors

WITNESS:	GREENEARTH SOUTHEAST, LLC

Witness	By:	_ Its:		

Exhibit A:	Scope of Additional Services

Exhibit A:	Scope of Additional Services

Kim O'Mera

From: Sent: To:
Cc: Subject:

Jess Smith <jsmith@greenearthse.com> Monday, May 8, 2023 10:54 PM
Kim O'Mera; Jenette Coram Brandon Henderson
Re: [EXTERNAL)lrrigation Beside 8 Lovegrass

My apologies,

GreenEarth will perform investigative irrigation leak located by 30 loevgrass to determine cause of irrigation malfunction, estimated time will be 1 full day with 2 men not to exceed $3000 including materials
Thank you, Jessica Smith
Operations Coordinator
GreenEarth SE
Mobile: (850) 259-6272
Office: (850) 267-0010

My email domain has recently changed, my new email address is jsmith@greenearthse.com. Please update your contact information.

HouzzI Facebook ILinkedIn

Gredkarth

Core Purpose: We create opportunities for Growth
This electronic message transmission and any attachments contain information from GreenEarth Landscape Services LLC. which may be confidential or privileged. The information is solely intended for the use of the individual or entity named above, and the sender does not waive any related rights and obligations. Any distribution, use or copying of this email or the information it contains by other than an intended recipient is unauthorized. If you received this email in error, please advise me (by return email or otherwise) then immediately delete.

ADDENDA NO. 7 FOR ADDITIONAL WORK AUTHORIZATION
THIS WORK AUTHORIZATION ("Work Authorization"), dated May I 0, 2023, authorizes additional work in accordance with the Landscape Maintenance Agreement By and Between Nature Walk Community Development District and GreenEarth Southeast, LLC, dated January I, 2022 ("Agreement"), by and between:
NATUREWALK COMMUNITY DEVELOPMENT DISTRICT, a local unit of special­ purpose government established pursuant to Chapter 190, Florida Statutes, and located in Walton County, Florida ("District"); and

GREENEARTH SOUTHEAST, LLC, a Deleware limited liability company, whose address is 15167 Highway 331 Business, Suite B, Freeport, Florida 32439 tContractor").
SECTION 1. SCOPE OF SERVICES. In addition to the Services described in the Agreement and any Exhibits, Amendments, Addenda, Addendum, Change Order, or Work Authorizations thereto, Contractor shall complete: Sandgrass lrrigation Repair to include trouble shotting the section valve by valve to attempt to locate the ground short. If the wire is not found, nodes will be installed to the areas that are not getting watered. Zones down are Zones 2, 4, 5, and 6 indicated on the map attached hereto as Exhibit A, which is incorporated herein by reference, all in accordance with the terms ofthe Agreement ("Additional Services").
SECTION 2. COMPENSATIO . It is understood and agreed that the compensation for the Additional Services under this Work Authorization shall be charged at a not-to-exceed in the amount of three thousand, eight hundred forty dollars ($3,840.00), and shall be remitted in the manner set fo1th in the Agreement. The total compensation for the Additional Services shall not exceed the actual services and/or work rendered under this Work Authorization. It is understood and agreed upon that the compensation for the completion ofthe Additional Services is based upon all materials and labor required to perform such services. Prior to performing the Additional Service, Contractor shall provide a list of locations whereat the Additional Services will be performed to the District's representative, who may require such additional documentation as deemed required by the Federal Emergency Management Agency.
SECTION 3. FINAL AGREEMENT. This Work Authorization, together with the Agreement, any Exhibits, Amendments and Work Authorizations thereto, represents the entire understanding between the District and the Contractor with regard to the Additional Services and supersedes any previously executed proposal or agreement related to the provision of such services.
SECTION 4. ACCEPTANCE. Acceptance of this Work Authorization will authorize the Contractor to complete the Additional Services as outlined herein and is indicated by the signature of the authorized representative of the District and the Contractor in the spaces provided below. Contractor shall commence the aforesaid Additional Services as provided herein and shall perform the same in accordance with the terms and conditions ofthe Agreement, which, except to the extent expressly altered or changed in this Work Authorization, remain in full force and effect.

IN WITNESS WHEREOF, the patties hereto have caused this Work Authorization to be executed the day and year first above written.

ATTEST:	NATUREWALK COMMUNITY
DEVELOPMENT DISTRICT

	 Chairperson, Board of Supervisors
WITNESS:	GREENEARTHSOUTHEAST,LLC

Witness	By:Brandon Henderson
Its: President

Exhibit A:	Scope of Additional Services

Exhibit A:	Scope of Additional Services

Kim O'Mera

From: Sent: To:
Cc: Subject:

Jess Smith <jsmith@greenearthse.com> Wednesday, May 10, 2023 3:52 PM
Kim O'Mera; Janette Coram Brandon Henderson; Tia Burgess
[EXTERNAL]Sandgrass Irrigation Repair - DNE Request Nature Walk CDD

NOTICE: This email originated from outside of the organization.
Do not click links or open attachments unless you recognize the sender and know the content is safe. Please use the Phish Alert! button to report suspicious messages.

Hi Kim/ Janette,
During our audit yesterday we discovered that the entrance to Sandgrass was not getting water due to a short in the wire. We went out today to continue to trouble shoot. We did repair zones 1 through 6 ( Bridge to Iris Trace)

We will be going out tomorrow to continue trouble shooting this section valve by valve to attempt to locate the ground short. If we cannot seem to find the wire, we will install nodes to the areas that are not getting water to make sure the turf does not go without water and as adequate coverage. The zones that are down are 2,4,5,6 which are in yellow on the map below.

For today and tomorrow's work this will be a $3840 ONE for labor and materials.

If this option does not work, we will have no choice but to bore+ re-wire and trench. This cost would be around $2500 for bore and $3,200 for labor= $5,700

Thank you,

Jessica Smith Operations Coordinator GreenEarth SE
Mobile: (850) 259-6272
Office: (850) 267-0010

My email domain has recently changed, my new email address is jsmith@greenearthse.com. Please update your contact information.

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Core Purpose: We create opportunities for Growth
This electronic message transmission and any attachments contain information from GreenEarth Landscape Services LLC. which may be confidential or privileged. The information is solely intended for the use of the individual or entity named above, and the sender does not waive any related rights and

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2

NatureWalk COD - Landscaping Work Authorization #7 - Sandgrass Irrigation Repair, unexecuted

Created:

2023-05-10

By:

Kim O'Mera (komera@rizzetta.com)

Status:

Signed

Transaction ID:

CBJCHBCAABAAI08XJROswRF2Y5OdSBbP1XBWDB8-9Xbk

Final Audit Report	2023-05-10

"NatureWalk COD - Landscaping Work Authorization #7 - Sandg rass Irrigation Repair, unexecuted" History
fl Document created by Kim O'Mera (komera@rizzetta.com)
2023-05-10 - 9:42:11 PM GMT- IP address: 24.96.226.159

Document emailed to seat1@naturewalkcdd.org for signature
2023-05-10- 9:42:47 PM GMT

fl Email viewed by seat1@naturewalkcdd.org
2023-05-10- 9:46:59 PM GMT- IP address: 173.17.99.159

0'o Signer seat1@naturewalkcdd.org entered name at signing as Jenette A Coram
2023-05-10 - 9:48:11 PM GMT- IP address: 173.17.99.159

0o Document e-signed by Jenette A Coram (seat1@naturewalkcdd.org)
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O'o Signer bhenderson@greenearthse.com entered name at signing as Brandon Henderson
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O'a Document e-signed by Brandon Henderson (bhenderson@greenearthse.com)
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&o Signer jsmith@greenearthse.com entered name at signing as Jessica Smith
2023-05-10- 10:14:49 PM GMT- IP address: 174.203.36.142

&o Document e-signed by Jessica Smith Usmith@greenearthse.com)
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0 Agreement completed.
2023-05-10- 10:14:51 PM GMT

ADDENDA NO. 8 FOR ADDITIONAL WORK AUTHORIZATION
THIS WORK AUTHORIZATION ("Work Authorization"), dated May 12, 2023, authorizes additional work in accordance with the Landscape Maintenance Agreement By and Between NatureWalk Community Development District and GreenEarth Southeast, LLC, dated January 1, 2022 ("Agreement"), by and between:

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT, a local unit of special­ purpose government established pursuant to Chapter 190, Florida Statutes, and located in Walton County, Florida ("District"); and

GREENEARTH SOUTHEAST, LLC, a Florida limited liability company, whose address is 15167 Highway 331 Business, Suite B, Freeport, Florida 32439 ("Contractor").

SECTION 1. SCOPE OF SERVICES. In addition to the Services described in the Agreement and any Exhibits, Amendments, Addenda, Addendum, Change Order, or Work Authorizations thereto, Contractor shall complete irrigation repairs, whereas the first attempt to restore Sandgrass Irrigation to Zones 2, 4, 5, and 6 was unsuccessful. The Contractor will I.) Bore under Sandgrass Boulevard and the sidewalk to connect wire due to a current split in the wire that cannot be located. 2.) Trench wire from the controller to valves (2, 4, 5, 6, & 7) 3.) Dig up each valve and require them, and 4.) Reprogram the controller. Zones down are Zones 2, 4, 5, and 6 indicated on the map attached hereto as Exhibit A, which is incorporated herein by reference, all in accordance with the terms of the Agreement ("Additional Services").

SECTION 2. COMPENSATION. It is understood and agreed that the compensation for the Additional Services under this Work Authorization shall be charged at a not-to-exceed in the amount of five thousand, seven hundred dollars ($5,700.00), and shall be remitted in the manner set forth in the Agreement. The total compensation for the Additional Services shall not exceed the actual services and/or work rendered under this Work Authorization. It is understood and agreed upon that the compensation for the completion of the Additional Services is based upon all materials and labor required to perform such services. Prior to performing the Additional Service, Contractor shall provide a list of locations whereat the Additional Services will be performed to the District's representative, who may require such additional documentation as deemed required by the Federal Emergency Management Agency.

SECTION 3. FINAL AGREEMENT. This Work Authorization, together with the Agreement, any Exhibits, Amendments and Work Authorizations thereto, represents the entire understanding between the District and the Contractor with regard to the Additional Services and supersedes any previously executed proposal or agreement related to the provision of such services.

SECTION 4. ACCEPTANCE. Acceptance of this Work Authorization will authorize the Contractor to complete the Additional Services as outlined herein and is indicated by the signature of the authorized representative of the District and the Contractor in the spaces provided below. Contractor shall commence the aforesaid Additional Services as provided herein and shall perform

the same in accordance with the terms and conditions of the Agreement, which, except to the extent expressly altered or changed in this Work Authorization, remain in full force and effect.

IN WITNESS WHEREOF, the pa11ies hereto have caused this Work Authorization to be executed the day and year first above written.

ATTEST:		NATUREWALK COMMUNITY DEVELOPMENT DISTRJCT

	 Chairperson, Board of Supervisors
WITNESS:	GREENEARTH SOUTHEAST, LLC

Witness	By:Brandon Henderson
Its: President

Exhibit A:	Scope of Additional Services

Exhibit A:	Scope of Additional Services

Kim O'Mera

From:
Sent:
To:
Cc:
Subject: Attachments:

Jess Smith <jsmith@greenearthse.com> Friday, May 12, 2023 3:56 PM
Kim O'Mera; Jonette Coram Brandon Henderson; Tia Burgess
Re: [EXTERNAL]Re: Sandgrass Irrigation Repair - ONE Request Nature Walk COD lmagejpeg; lmagejpeg

•We need to bore under Sandgrass and the sidewalk to connect wire due to a current split in the wire that we cannot locate.
•Trench wire from the controller to valves 2,4,5,6,& 7. •Dig up each valve and rewire them.
Reprogram the controller

I have also attached 2 pictures to show you locations of where the bore will take place.

Jessica Smith
GreenEarth SE
Mobile: (850) 259-6272
Office: (850) 267-0010

My email domain has recently changed, my new email address is jsmith@greenearthse.com. Please update your contact information.

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[§]
Core Purpose: We create opportunities for Growth
This electronic message transmission and any attachments contain information from GreenEarth Landscape Services LLC. which may be confidential or privileged. The information is solely intended for the use of the individual or entity named above, and the sender does not waive any related rights and obligations. Any distribution, use or copying of this email or t

From: Kim O'Mera <komera@rizzetta.com>
Sent: Friday, May 12, 2023 3:17:20 PM
To: Jess Smith <jsmith@greenearthse.com>; Jonette Coram <Seatl@NatureWalkCDD.org>
Cc: Brandon Henderson <bhenderson@greenearthse.com>; Tia Burgess <tburgess@greenearthse.com>
Subject: RE: [EXTERNAL]Re: Sandgrass Irrigation Repair - ONE Request Nature Walk COD

Jess,

Would you mind expanding on the explanation of what work is being done so that I can prepare the Work authorization?

We will need to do the 2nd option which includes the bore+ rewire and trenching. I have reached out to the borrowing company to see when the soonest they can come out.

Kim O'Mera
District Manager/LCAM

Phone 850-334-9055 ext 0153
Direct 850-629-0153
komera@rizzetta.com

rizzetta.com

Qlzietto & Company
.- • .,. ..cw	J'liliu•

From: Jess Smith <jsmith@greenearthse.com> Sent: Friday, May 12, 2023 3:00 PM
To: Janette Coram <Seat1@NatureWalkCDD.org>; Kim O'Mera <komera@rizzetta.com>
Cc: Brandon Henderson <bhenderson@greenearthse.com>; Tia Burgess <tburgess@greenearthse.com> Subject: [EXTERNAL]Re: Sandgrass Irrigation Repair - ONE Request Nature Walk COD

NOTICE: This email originated from outside of the organization.
Do not click links or open attachments unless you recognize the sender and know the content is safe. Please use the Phish Alert! button to report suspicious messages.

We will be keeping an eye on them as much as we can. The bore work is hopefully going to be done on Thursday.

Thank you,

Jessica Smith Operations Coordinator GreenEarth SE
Mobile: (850) 259-6272

Office: (850) 267-0010

My email domain has recently changed, my new email address is jsmith@greenearthse.com. Please update your contact information.

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Core Purpose: We create opportunities for Growth

This electronic message transmission and any attachments contain information from GreenEarth Landscape Services LLC. which may be confidential or privileged. The information is solely intended for the use of the individual or entity named above, and the sender does not waive any related rights and obligations. Any distribution, use or copying of this email or the information ii contains by other than an intended recipient is unauthorized. if you received this email in error, please advise me (by return email or otherwise) then immediately delete.

From: Janette Coram <Seatl@NatureWalkCDD.org>
Sent: Friday, May 12, 2023 12:30 PM
To: Jess Smith <jsmith@greenearthse.com>; Kim O'Mera <komera@rizzetta.com>
Cc: Brandon Henderson <bhenderson@greenearthse.com>; Tia Burgess <tburgess@greenearthse.com>
Subject: Re: Sandgrass Irrigation Repair - DNE Request Nature Walk CDD

Jared mentioned that using these nodes can be tricky- is GE monitoring them to prevent further damage to the system as part of either Option 1 or 2?

Janette Coram
Chair, NatureWalk COD
979-824-3901

From: Jess Smith <jsmith@greenearthse.com> Sent: Friday, May 12, 2023 12:16 PM
To: Janette Coram <Seatl@NatureWalkCDD.org>; Kim O'Mera <komera@rizzetta.com>
Cc: Brandon Henderson <bhenderson@greenearthse.com>; Tia Burgess <tburgess@greenearthse.com> Subject: Re: Sandgrass Irrigation Repair - DNE Request Nature Walk CDD

Yes ma'am they were.

Thank you,

Jessica Smith Operations Coordinator GreenEarth SE
Mobile: (850) 259-6272

Office: (850) 267-0010

My email domain has recently changed, my new email address is jsmith@greenearthse.com. Please update your contact information.

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Core Purpose: We create opportunities for Growth

This electronic message transmission and any attachments contain information from GreenEarth Landscape Services LLC. which may be confidential or privileged. The information is solely intended for the use of the individual or entity named above, and the sender does not waive any related rights and obligations. Any distribution, use or copying of this email or the information it contains by other than an intended recipient is unauthorized. If you received this email in error, please advise me (by return email or otherwise) then immediately delete.

From: Jenette Coram <Seat1@NatureWalkCDD.org>
Sent: Friday, May 12, 2023 12:09 PM
To: Jess Smith <jsmith@greenearthse.com>; Kim O'Mera <komera@rizzetta.com>
Cc: Brandon Henderson <bhenderson@greenearthse.com>; Tia Burgess <tburgess@greenearthse.com>
Subject: Re: Sandgrass Irrigation Repair - ONE Request Nature Walk COD I'll let Kim answer that question.
Were the nodes installed to keep irrigation running until option 2 can be done? Cannot lose the existing healthy sod, roses, etc.
Jenette Coram
Chair, NatureWalk COD 979-824-3901

From: Jess Smith <jsmith@greenearthse.com>
Sent: Friday, May 12, 2023 12:07:23 PM
To: Jenette Coram <Seat1@NatureWalkCDD.org>; Kim O'Mera <komera@rizzetta.com>
Cc: Brandon Henderson <bhenderson@greenearthse.com>; Tia Burgess <tburgess@greenearthse.com>
Subject: Re: Sandgrass Irrigation Repair - ONE Request Nature Walk COD

Hi Kim and Janette,
Sorry I am just now getting back to you. Its been a busy morning putting our fires!

Unfortunately, our pt option did not work. Our team tried everything they could to track down the area of the faulty wire, but unfortunately could not.

We will need to do the 2nd option which includes the bore+ rewire and trenching. I have reached out to the borrowing company to see when the soonest they can come out.

I know we have a work order authorization for the pt option. Do I need another work order authorization before I can proceed?

Thank you,

Jessica Smith Operations Coordinator GreenEarth SE
Mobile: (850) 259-6272

Office: (850) 267-0010

My email domain has recently changed, my new email address is jsmith@greenearthse.com. Please update your contact information.

HouzzI Facebook ILinkedln

Core Purpose: We create opportunities for Growth

This electronic message transmission and any attachments contain information from GreenEarth Landscape Services LLC. which may be confidential or privileged. The information is solely intended for the use of the individual or entity named above, and the sender does not waive any related rights and obligations. Any distribution, use or copying of this email or the information it contains by other than an intended recipient is unauthorized. If you received this email in error, please advise me (by return email or otherwise) then immediately delete.

From: Janette Coram <Seat1@NatureWalkCDD.org>
Sent: Friday, May 12, 2023 8:43 AM
To: Jess Smith <jsmith@greenearthse.com>; Kim O'Mera <komera@rizzetta.com>
Cc: Brandon Henderson <bhenderson@greenearthse.com>; Tia Burgess <tburgess@greenearthse.com> Subject: Re: Sandgrass Irrigation Repair - DNE Request Nature Walk CDD

Any update on this? Fingers crossed Jared was able to locate the short.

Janette Coram
Chair, NatureWalk COD 979-824-3901

From: Jess Smith <jsmith@greenearthse.com>
Sent: Wednesday, May 10, 2023 3:52 PM
To: Kim O'Mera <komera@rizzetta.com>; Janette Coram <Seat1@NatureWalkCDD.org>
Cc: Brandon Henderson <bhenderson@greenearthse.com>; Tia Burgess <tburgess@greenearthse.com>
Subject: Sandgrass Irrigation Repair - ONE Request Nature Walk COD

Hi Kim/ Janette,
During our audit yesterday we discovered that the entrance to Sandgrass was not getting water due to a short in the wire. We went out today to continue to trouble shoot. We did repair zones 1 through 6 ( Bridge to Iris Trace)

We will be going out tomorrow to continue trouble shooting this section valve by valve to attempt to locate the ground short. If we cannot seem to find the wire, we will install nodes to the areas that are not getting water to make sure the turf does not go without water and as adequate coverage. The zones that are down are 2,4,5,6 which are in yellow on the map below.

For today and tomorrow's work this will be a $3840 ONE for labor and materials.

If this option does not work, we will have no choice but to bore+ re-wire and trench. This cost would be around $2500 for bore and $3,200 for labor= $5,700

Thank you,

Jessica Smith Operations Coordinator GreenEarth SE
Mobile: (8S0) 259-6272

Office: (850) 267-0010

My email domain has recently changed, my new email address is jsmith@greenearthse.com. Please update your contact information.

HouzzI Facebook ILinkedln

ADDENDA NO. 9 FOR ADDITIONAL WORK AUTHORIZATION

THIS WORK AUTHORIZATION ("Work Authorization"), dated June I, 2023, authorizes additional work in accordance with the Landscape Maintenance Agreement By and Between NatureWalk Community Development District and GreenEarth Southeast, LLC, dated January 1, 2022 ("Agreement"), by and between:

NATUREWALK COMMUNITI' DIWELOPl\tfENT DlSTRJCT, a local unit of special­ purpose government established pursuant to Chapter 190, Florida Statutes, and located in Walton County, Florida ("District"); and

GREENEARTH SOUTHEAST, LLC, a Florida limited liability company, whose address is 15167 Highway 331 Business, Suite B, Freepmt, Florida 32439 ("Contractor").

SECTION l. SCOPE OF SERVICES. [n addition to the Services described in the Agreement and any Exhibits, Amendments, Addenda, Addendum, Change Order, or Work Authorizations thereto, Contractor shall complete palm tree trimming, as set forth in Contractor's Proposal, dated May 30, 2023, and attached hereto as Exhibit A, which is incorporated herein by reference, all in accordance with the terms of the Agreement ("Additional Services").

SECTION 2.  COMPENSATION. lt is understood and agreed that the compensation for the Additional Services under this Work Authorization shall be charged at two thousand, two hundred seven dollars and fifty-one cents ($2,207.5I), and shall be remitted in the manner set fot1h in the Agreement. The total compensation for the Additional Services shall not exceed the actual services and/or work rendered under this Work Authorization. It is understood and agreed upon that the compensation for the completion of the Additional Services is based upon all materials and labor required to perform such services. Prior to performing the Additional Service, Contractor shall provide a list of locations whereat the Additional Services will be performed to the District's representative, who may require such additional documentation as deemed required by the Federal Emergency Management Agency.

SECTION 3. FrNAL AGREEMENT. This Work Authorization, together with the Agreement, any Exhibits, Amendments and Work Authorizations thereto, represents the entire understanding between the District and the Contractor with regard to the Additional Services and supersedes any previously executed proposal or agreement related to the provision of such services.

SECTION 4. ACCEPTANCE. Acceptance of this Work Authorization will authorize the Contractor to complete the Additional Services as outlined herein and is indicated by the signature of the authorized representative of the District and the Contractor in the spaces provided below. Contractor shall commence the aforesaid Additional Services as provided herein and sha11 perform the same in accordance with the terms and conditions of the Agreement, which, except to the extent expressly altered or changed in this Work Authorization, remain in full force and effect.

IN WrTNESS WHEREOF, the parties hereto have caused this Work Authorization to be executed theday and year first above written.

ATTEST:	NATU REW ALK COMMUNITY
DEVELOPMENT DISTRICT

	s	tantQetary WTTNESS:

Chairperson, Board of Supervisors

GREENEARTH SOUTHEAST, LLC

 	
Witness	By:Brandon Henderson
Its: President

Exhibit A:	Scope of Additional Services

Exhibit A:	Scope of Additional Services

Property:

Proposal#32001
Date: 5130/2023

l...andscape ServiceProvider:

Nature Walk COD

SantaRosa Beach, FL 32459

GreenEarth Solflheast. LLC
15167 Highway 331 Business
SuiteB
Freeport, FL 32439

Constitutes lhe entire agreement belween the aforementiooed parties and includes the scope of service, guarantees, terms and conditions, pricing, and payment responsibilities for landscape services provided at:

NatureWalk CDD
Santa Rosa Beach, FL 32459

Spring PalmTree Trimming

Work order scope: Woril witl be performed by Anytime Tree Removill Trimming oi 10 mejures. Palms will b-e trimmed at 10 and 2.
4 = Gatheri119 Place

6 = Phase 3 next to Bridge 3

Your and Our Acceptance:
This Agreement wiU become effective 011ly after acceptance as evidenced by the respective signatures of tl1e parties' authorized represenktlives. This Agreement includes all of your and oQ.Jr obligations. Mo person has aulhorit>J to make any claim. representaiion, promise or condition on our behalf tnat is not docume11ted within this Agreement.

By	By
Jessica Smith

Date

t•i30/2023	Date
GreenEarth Southeast. LLC	Nature Walk COO

Fr*pc11 • 15167 H)ghway 331 Su in-2ss 3u te 8 • Free-port, FL 32439
850-267-0010 • w,w1.gr*neartl-gt.com	Page	l.'I

Created:

2023-06-01

By:

Kim O'Mera (komera@rizzetta.com)

Status:

Signed

Transaction ID:

CBJCHBCAABAADdOLW9N5beAaTAi4SPskx-iq-sstQxMd

2023-06-01 - NatureWalk COD - Landscaping Work Authorization #9 - Palm Tree Trimming, unexecuted
Final Audit Report	2023-06-02

"2023-06-01 - NatureWalk COD - Landscaping Work Authorizati on #9 - Palm Tree Trimming, unexecuted" History
t:J Document created by Kim O'Mera (komera@rizzetta.com)
2023-06-01 - 11:10:08 PM GMT- IP address: 68.63.73.113

Document emailed to seat1@naturewalkcdd.org for signature
2023-06-01 - 11:10:48 PM GMT

C:, Document emailed to bhenderson@greenearthse.com for signature
2023-06-01 - 11:10:49 PM GMT

q	Document emailed to jsmith@greenearthse.com for signature
2023-06-01 - 11:10:49 PM GMT

f:l Email viewed by bhenderson@greenearthse.com
2023-06-01-11:11:14 PM GMT- IP address: 69.254.174.85

Do Signer bhenderson@greenearthse.com entered name at signing as Brandon Henderson
2023-06-01 - 11:11:57 PM GMT- IP address: 69.254.174.85

0ci Document e-signed by Brandon Henderson {bhenderson@greenearthse.com)
Signature Date: 2023-06-01 - 11:11:59 PM GMT - Time Source: server- IP address: 69.254.174.85

fl Email viewed by seat1@naturewalkcdd.org
2023-06-01-11:14:46 PM GMT-IP address: 173.17.99.159

Signer seat1@naturewalkcdd.org entered name at signing as Jenette A Coram
2023-06-01 - 11:15:38 PM GMT- IP address: 173.17.99.159

0o Document e-signed by Jonette A Coram {seat1@naturewalkcdd.org)
Signature Date: 2023-06-01 -11:15:40 PM GMT - Time Source: server- IP address: 173.17.99.159

fl Email viewed by jsmith@greenearthse.com
2023-06-02- 3:25:37 PM GMT- IP address: 142.190.50.34

0o Signer jsmith@greenearthse.com entered name at signing as Jessica Smith
2023-06-02 - 3:25:54 PM GMT- IP address: 142.190.50.34

0o Document e-signed by Jessica Smith Gsmith@greenearthse.com)
Signature Date: 2023-06-02 - 3:25:56 PM GMT - Time Source: server- IP address: 142.190.50.34

& Agreement completed.
2023-06-02 - 3:25:56 PM GMT

Tab 5

Financing Op�ons:

Op�on 1: GreenEarth will ﬁnance labor only for sod installa�on. Rate of $21,498.75 at $1,343.67 per month for 16 months.
Op�on 2: GreenEarth will ﬁnance sod and labor. Rate of $83,202 at $5,200.12 per month for 16 months

Scope:
GE will prep and install new zoysia turf. Final grade will be included. Beds will be reshaped, serpen�ne, to accommodate growth challenges to include shade canopy and root restric�ons.
Exis�ng Bermuda will be chemically treated for removal. Soil will be cul�vated to prep for ﬁnal grade
GE will coordinate and schedule delivery and installa�on of new zoysia sod.
No irriga�on repairs or adjustments are included and will be billed as Time and Materials.

Warranty:
GE will warranty all sod under the maintenance contract for a period of 1 year. Non-contractual:
No irriga�on repairs or adjustments are included and will be billed as Time and Materials. Rough grade work is not included. Final grade will be included.

Process that will be used for removing the exis�ng sod –
GreenEarth will apply chemical to kill oﬀ exis�ng turf. This process takes anywhere between 1 and 2 weeks.
A�er turf has been killed oﬀ the soil will be cul�vated and prepped for install.
Grading details – How much labor is included for aten�on to rough and ﬁne grading details?
Rough grades are not included. Noted. Do you an�cipate this is required in any of the areas? No
Grade/prep and install is 3 ½ hours per pallet
Writen speciﬁcs of the warranty (more detail on not only the 12-month period, but what triggers the warranty as �me elapsed with no growth improvement in certain areas)
Sod will take about 2 weeks to root. If sod has not been rooted by then, we may need to reassess the water coverage and or possibly apply a fer�lizer to promote the growth. Given the �me that has lapsed since I consolidated this list, can you remind me what the warranty period is? Is that 12 months? Yes, 12 months
A�er-care processes included in the project. i.e. se�ng and maintaining the irriga�on �ming for a�ercare period and returning to rou�ne irriga�on schedules.
The warranty will start day of install and will only include material. Labor is not included.
Once sod has been installed, GreenEarth and a District Board member will inspect the work performed to ensure the job has been competed up to sa�sfac�on.
Irriga�on will need to run 2x per day for 2 weeks. A�er the 2 weeks, irriga�on run �mes will be adjusted according to the needs of the turf and weather condi�ons.
Mowing will take place 4-6wks a�er sod installa�on.

An�cipated Project �melines/milestones – If these are subject to the acceptance date, you may recommend including language that these will be provided to the District prior to commencement. We will want to send communica�on in advance to the neighborhood.
Chemical applica�on to be applied to kill oﬀ exis�ng turf. Can take up to 2wks.
Sod order to be placed. Usually, a week turn around.
Soil will be cul�vated and ﬁnal grade
Sod will be delivered day before installa�on.
Sod installa�on will take place. 50 – 60 pallets can be laid in a day.
GreenEarth will inspect comple�on of job.
Irriga�on modiﬁca�ons are made to 2x a day for 2wks.

GreenEarth will provide for care and maintenance of delivered sod (i.e. watering palleted sod or other maintenance needs, if needed)

Work site condi�ons: GreenEarth will oversee sod delivery, storage, and work condi�ons. Coordina�on will take place with the District.

Are there any unknown variables such as root remedia�on that we need to an�cipate?

Inspec�on of the irriga�on will be performed once sod has been removed before new sod is installed. This is to ensure that all irriga�on is working, and no modiﬁca�ons need to be made. If so, these will be billed as �me and materials.
Root Remedia�on
Soil Test is not included. If the PH level in the soil is not within range for turf then soil amendments will be required. Are you saying that soil tests need to be performed on all areas in this project? If so, can you include the cost for discussion? Each soil test is $90 per
For a project this size, what dollar value would you recommend the Board assign for con�ngencies so that there’s full considera�on during discussion? We recommend to budget at least 10%

Tab 6

Kim O'Mera

From:	Laureen London <Laureen@llondon.com>
Sent:	Sunday, May 21, 2023 2:58 PM
To:	Kim O'Mera; Jonette Coram
Subject:	[EXTERNAL]Duck Crossing Sign

NOTICE: This email originated from outside of the organization.	
Do not click links or open attachments unless you recognize the sender and know the content is	
safe. Please use the Phish Alert! button to report suspicious messages.	

Kim – could you please include this proposal for the Next CDD meeting

I would like to donate 2 Duck Crossing Sign and I know everyone will roll their eyes but these little green men work to slow traﬃc. I would donate those to be used during season and then removed. They can be tethered to a tree. Thankfully, it was a duck and not a child that was recently killed.

I would leave location up to CDD but I think we need one as we approach the Cundiﬀ’s home traveling toward Flatwoods SG intersection and traveling opposite ‐near Felts home. The female has been laying eggs near the pond next to Felts home and is crossing there.

Type of sign/affixed/size/material –2- 9x12 non rust aluminum with rounded corners – to match Children at Play

Image of sign design – see attached – 
2 Little men – tethered to a tree. 
Is the project fully donated or would the CDD need to make any purchases? Signs donated
Installation of signage – is this being proposed by volunteers either you or board initiated? – volunteer

Laureen London Signature Interiors PO Box 670923
Dallas. TX 75367‐0923
(c) 972‐365‐6588

SeaDreamer30A – “Making Beach Memories” www.SeaDreamer30A.com

Tab 7

D C STOREY
176 Beacon Way
Santa Rosa Bch, Fl 32459 (850) 687-1546
dennisstorey@ymail.com

TO:
Kim O’Mera District Manager/LCAM
Phone: 850-334-9055 ext. 0153 Direct: 850-629-0153 komera@rizzetta.com
180’ Retention wall Repairs

Proposal
DATE:5/22/23
NatureWalk Seagrove 780 Sandgrass Blvd
SRB Fl 32459

WORK DESCRIPTION				
AMOUNT	
Repair: Replace wood on lake 13’s retention wall with 2x12 face skirt over water & 2x6 backside skirt on shore side attached with stainless carriage bolts with 2x10 top planks attached to skirts with 2x materials as cats/brace attached to skirt as a bridge for attaching top planks to ever 3ft all built from marine grade limber. All built to original look.
Labor; $8230** Materials; $5660**

Recommended Alternative Design:

Option 1
Use 2X6 marine grade lumber and turn the orientation of the deck board 90 degrees from the current for a better finished look
Additional; $1500**

Option 1
Use 5/4”X6 synthetic planks and turn the orientation of the deck board 90 degrees from the current for a better finished look
Additional; $3820**

Notes* We supply all labor and materials as noted on list to complete stated work. Pricing includes debris removal an keeping work areas tidy. Add 20% if G.C. Lic. is required.					
Let us know if we can be of further assistance.	DUE			

From: Dennis Storey <dennisstorey@ymail.com>
Sent: Tuesday, May 23, 2023 6:05 PM
To: Kim O'Mera <komera@rizzetta.com>
Subject: Re: [EXTERNAL]Re: Bulkhead Replacement - NatureWalk CDD

these are pictures of how it’s attached underneath on top of that retention wall. If you have any questions, call me I tried to write down to explain what each thing is and how it’s attached it’s a cat or a piece of wood that attaches to the front skirt and to the back skirt, so the boards have something to sit on in the middle Thank you.
Sent from my iPhone

\

Kim O'Mera

From:	Jim Martelli <jim@ieceng.com>
Sent:	Friday, May 19, 2023 4:26 PM
To:	Kim O'Mera; Seat1@naturewalkcdd.org
Subject:	[EXTERNAL]FW: Nature Walk Pond 13 Wood Cap Replacement on Existing Bulkhead

NOTICE: This email originated from outside of the organization.	
Do not click links or open attachments unless you recognize the sender and know the content is	
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Hi Kim / Jonette,
Please see below new quote / scope from Segovia Marine. Thx.
Jim

James A. Martelli, P.E.
Civil Engineer / Managing Director
Office: 850 424 5855
Mobile: 850 333 4372
jim@ieceng.com | Vcard

Innerlight Engineering Corporation
11490 Emerald Coast Parkway, Suite 2W Miramar Beach • Florida • 32550
Web | LinkedIn

From: Jim Martelli
Sent: Friday, May 19, 2023 4:24 PM
To: 'Joey Segovia' <joeysegoviamarine@gmail.com>
Subject: RE: Nature Walk Pond 13 Wood Cap Replacement on Existing Bulkhead Hi Joey,
Many thanks, I will forward this to District Manager and Chairperson and will let you know what they ultimately decide…..
I really appreciate you taking the time out to provide insight and bid….. Thx.
Jim

James A. Martelli, P.E.
Civil Engineer / Managing Director
Office: 850 424 5855
Mobile: 850 333 4372
jim@ieceng.com | Vcard

Innerlight Engineering Corporation
11490 Emerald Coast Parkway, Suite 2W Miramar Beach • Florida • 32550
Web | LinkedIn

From: Joey Segovia <joeysegoviamarine@gmail.com>
Sent: Thursday, May 18, 2023 12:15 PM
To: Jim Martelli <jim@ieceng.com>
Subject: Nature Walk Pond 13 Wood Cap Replacement on Existing Bulkhead

Good morning Jim,
I surveyed the work on Pond 13. I believe a composite cap would be more appropriate long term than wood. The scope of work would be to remove and dispose of the existing wood cap and to add "Wear Deck" composite decking secured with stainless steel screws. The existing 2x12 inner and outer walers are to remain in place with the understanding that any unforeseen structural condition of these walers that may require a section to be replaced will be negotiated in good and fair faith as to the extra costs for the materials and labor. Also, if awarded the work I would like to have a small area off the road near "light post #55" as a staging area for the materials and tools. The cost to do this as noted above is
$17'400.00 which as you know includes materials, labor and insurance coverages etc. I sincerely thank you for the opportunity to quote you on this interesting project.
Joey Segovia
Segovia Diving and Marine Services Inc / M and J Land and Marine Services LLC

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RJ Gorman Marine Construction LLC
1944 Frankford Ave Panama City FL, 32405
850.769.7747
rjgormanmarine.com

Construction Agreement

This Project Agreement (the "Agreement") dated (05-30-23) by and between:

Nature Walk	a	CONTRACTOR	
Seagrove Beach FL	n	RJ Gorman Marine Const LLC	
	d	1944 Frankford Ave	
		Panama City FL, 32405	

constitutes the entire agreement between the aforementioned parties and includes the scope of service, guarantees, terms and conditions, pricing, and payment responsibilities for services provided at:

Nature Walk

SCOPE OF WORK: Option 1. Demo and Re-Deck roughly 200’ of Seawall with #1 PT
Option 2. Demo and Re-Deck roughly 200’ of Seawall with Moisture Shield
Option 3. Demo and Re-Deck roughly 200’ of Seawall Wear Deck
Option 1.

Demo all existing framing and decking and dispose.
Install New 2x6 #1 Pressure treated decking.
Fasteners to be 316 stainless steel.
Price includes tax, labor and permits.
Engineered drawings not required. Price: $10,906.41

Option 2.

Demo all existing framing and decking and dispose.
Install New 5/4”x6” Moisture shield Composite decking of customers choice
Fasteners to be 316 stainless steel.
Price includes tax, labor and permits.
Engineered drawings not required. Price: $14,604.60

Option 3.

Demo all existing framing and decking and dispose.
Install New 5/4”x6” Moisture shield Composite decking of customers choice
Fasteners to be 316 stainless steel.
Price includes tax, labor and permits.
Engineered drawings not required. Price: $16,278.89

Additional Scope Information:

Any Concealed conditions that will result in additional cost will be discussed with the District before any work is done that results in a change order or additional SOW.

Scope of work per the construction plan/agreement.

Unless otherwise specified, the plans/sketches for docks, seawalls or boathouses were not provided by an engineer. If engineering is required, there will be an engineering fee on the final invoice
AGREEMENT PRICE AND PAYMENT TERMS:

Phase 1. $10,906.41
Phase 2. $14,604.60
Phase 3. $16,278.89

Any unexpected obstructions that cause a delay in the project will be billed back at an hourly rate of $266.37/hr. This does not include any specialty equipment that may need to be rented. Obstructions may include, but are not limited to, stumps, rocks, roots, concrete, or unexpected subgrade conditions.

Invoicing: You agree to promptly pay us based on the following terms: 15% of total contract amount due at signing as a non-refundable deposit. 35% due at material order
Remaining will be invoiced at the close of the job or on a monthly percentage completion basis, whichever comes first.
For boat lifts, PWC lifts, and floating docks the initial deposit will be 60%
Pricing: The quoted price included in this agreement shall be good for 30 days, after which time pricing is subject to review.

This Agreement is based on information and/or specifications supplied for bidding and our interpretation of that information. Prices are subject to review and possible adjustment for any changes made that deviate from the outline given. Prices may also be subject to change due to constant fluctuation in price of materials.

Payment Terms: You agree to promptly pay invoices within ten (10) days of receipt. Should a payment become forty-five (45) days or more delinquent, we may stop all work under this Agreement without notice and/or cancel this Agreement. A late charge of 1.5% per month will be charged on all amounts that become thirty (30) days or more delinquent. If any check you tender for payment is

refused due to insufficient funds, you hereby agree to a “Return Check Fee” of $25.00 per item, in addition to any other remedies available to us under Florida law.

Payment by Credit Card: As an added convenience to our clients, payment due under this Agreement may be made by credit card at a 4% fee. If choosing to pay by credit card, you hereby consent by signing this Agreement below that no disputes regarding fees or costs billed to you shall be adjudicated by the credit card company. Any charges for fees/costs made to your credit card are non-refundable and cannot be reversed by the credit card company. Any disputes over fees and/or costs paid by credit card shall be settled directly between you and us, pursuant to the terms of this Agreement.

DEFINITIONS:

You should note the following words have special meaning throughout this Agreement:

“You” and “Your” mean Nature Walk and all of their representatives.
“We”, “Our”, “Ours” and “Us” means RJ Gorman Marine Construction LLC and all of its representatives.

“Labor” means our normal work day labor hours, overtime labor hours (time-and-one-half), travel labor hours, equipment use, and all out-of-pocket travel expenses associated with labor.

OUR RESPONSIBILITIES INCLUDE:

Performance of the Scope of Work with management of the work functions to assure quality delivery in a timely and professional manner.
Coordinate all work with you to assure safety and minimal disruption at your site.
When our work is completed we, along with you or your representative, will jointly conduct a final inspection of our work. If there are any discrepancies with our work and the Scope of Work, we will work to correct them.
Unless otherwise indicated in this agreement we are not responsible for damage to: (i) any electrical (ii) plumbing (iii) landscaping/lawns (iv) unmarked water, irrigation, gas, cable, electrical lines, septic, or other utilities.

YOUR RESPONSIBILITIES INCLUDE:

Inform us of whom we should work with at your site to assure the proper coordination of our work.
Provide us with your protocols and regulations regarding working at your site, such as: parking, security procedures, emergency contacts, and other appropriate information.
Upon completion of our work, assure that you or your representative participates in our joint final inspection of our work.
Owner is responsible for location of structure and adjacent property issues.
Owner is responsible for electrical disconnects and connections as we are not licensed electricians. If you request electrical services to be completed through RJ Gorman Marine we have electricians that work with us and can perform the work. The work shall be invoiced on a cost plus 15% basis.
For customers with boat lift installations, the customer agrees not to perform initial lifting of

boat without prior authorization of an RJ Gorman Marine manager. Proper placement of boat lift bunks is not guaranteed for initial lifting of vessel. Adjustments of bunks may be required to achieve proper alignment. If RJG representative is not present for initial lifting of vessel, the OWNER agrees to hold harmless RJG of any damages caused to the vessel or the lift.

TERMS AND CONDITIONS:

Accessibility: In order for us to perform the required services for you in a cost-effective manner and for the Price quoted in this Agreement, you agree to permit free and timely access to the necessary areas of your site to perform required services. All planned work under this Agreement will be performed during our normal working hours unless otherwise stipulated in this Agreement.

Taxes: You agree to be responsible for all applicable taxes on the services and/or materials used or provided in connection with the services to be provided under this Agreement.

Permits: Unless otherwise required by law, you agree to obtain and bear all costs incurred in connection with obtaining any necessary permits for the services provided pursuant to this Agreement. In addition, you agree to bear any costs required for professional fees, such as engineering.

Concealed Conditions: Concealed conditions, such as underground utilities, old pilings, rock, debris, stumps, etc., not readily apparent at the time of providing the Price quoted in this Agreement may cause us to incur additional costs, including without limitation additional materials and labor, which will be an extra charge (fixed price to be negotiated or on a time-and-materials basis at our rates then in effect) over the Agreement Price.

Extra Work: Unless otherwise stated elsewhere in this Agreement, this Agreement does not include repairs to any system(s), the provision or installation of materials outside the Scope of Work, or service calls requested by you. If requested, you will be charged for these services at our rates then in effect.

If you require any alteration to or deviation from this Agreement involving extra work, you agree that the cost of material and/or labor will be an extra charge (fixed price to be negotiated or on a time-and- material basis at our rates then in effect) over the Agreement Price.

Work Performed by Others: Unless otherwise stated elsewhere in this Agreement, we will not be responsible for work that is performed by anyone other than us. Therefore, you agree to permit only our personnel or agent(s) to perform the work included in the Scope of Work. Should anyone other than us perform such work, we may, at our option, terminate this Agreement and Warranty.

Hold Harmless: In the event that there is a claim, damage, loss, or expense that is caused in whole or in part by any active or passive act or omission by you, anyone directly or indirectly employed by you, or for anyone whose act you may be liable for, then, to the fullest extent permitted by law, you will defend, indemnify and hold harmless our representatives and us from and against these claims, damages, losses, and expenses including, but not limited to, attorneys’ fees arising out of or resulting from the performance of our work under this Agreement.

Delays Outside Our Control: In the event that there is a delay, loss, damage, or detention caused by unavailability of equipment or materials, delay of carriers, strikes, lockouts, civil or military authority,

priority regulations, insurrection or riot, action of the elements, forces of nature, or by any cause beyond our control, you agree that we will not be liable for this delay, loss, damage, or detention.

Limits of Liability: We guarantee that our performance of services under this Agreement will be in accordance with generally accepted practices for similar services. In case of any failure to perform our obligations under this Agreement, our liability is limited to correcting, repairing, or replacing, at our option, the deficient work. You acknowledge and agree that such correction, repair, or replacement shall be the sole remedy available to you and in no event will our liability exceed the total amount of compensation we receive for services rendered.

Site Damage: Reasonable measures will be taken to mitigate any physical damage to your site directly caused by us during performance of work covered by this agreement based off of information provided by you. Exclusions to this include: (i) damages to already damaged, weakened, or improperly constructed concrete/paver drives, walkways, pool decks, etc

Dispute Resolution: Should a dispute arise between you and us relating to this Agreement, or the making, performance or interpretation of the rights and obligations set forth herein, for reasons other than non- payment, either party may, upon written notice, seek binding relief through the procedure of the American Arbitration Association (AAA). Such arbitration shall take place in Bay County, Florida.

A single arbitrator shall decide all disputes. Judgment may be entered upon the award in the highest state or federal court having jurisdiction over the matter. The decision of the arbitrator shall be binding on both parties, and any right to judicial action on any matter subject to arbitration hereunder is hereby waived, unless otherwise provided by applicable law, except suit to enforce the arbitration award or in the event arbitration is not available for any reason. The prevailing party shall recover all costs, including attorneys’ fees, incurred as a result of the dispute. For purposes of this Agreement, a “prevailing party” shall be defined as a party that recovers at least 75% of its total claims or that is required to pay no more than 25% of the claims made against it. In the event of any dispute regarding non-payment by you, you hereby agree that we have an absolute right to seek redress through Chapter 713, Florida Statutes (the “Lien Laws”), and that any lien(s) filed by us pursuant to the Lien Laws shall not be subject to arbitration.

We both agree that any action through arbitration relating to workmanship warranty must be commenced within one (1) year of the documented failure.

Attorney’s Fees: In the event we must commence third-party collection or arbitration proceedings in order to recover any amount payable under this Agreement, you agree to reimburse us for all costs and attorneys’ fees incurred as a result of said activities, including those fees/costs incurred on appeal and/or those fees/costs incurred to litigate the amount of fees/costs due us pursuant to this Section.

Limited Warranty: We warrant that our workmanship on all installations and repairs shall be performed in a good and workmanlike manner. For a period of one (1) year from installation we will repair any damages, as we determine, in our sole discretion, have been maintained or caused by us or our workmanship. This warranty shall not apply if contracted work is subject to abuse, misuse, or acts of nature including, but not limited to, flood, high winds, excessive rain, act of God, vandalism, improper use by any party other than us, etc. There is no warranty on used materials or components installed at customer request.

You acknowledge that we are NOT the manufacturer of the installed materials and equipment and that

we make no representations or warranties as to the installed materials and equipment or their specifications, fitness for a particular purpose, performance or merchantability other than as set forth in the preceding paragraph. You agree to look solely to said manufacturer to remedy any alleged deficiency in the installed materials and equipment and damages related directly or indirectly thereto. We warrant that any parts repaired or replaced by us will be free from defects in workmanship and material for one (1) year. WE HEREBY DISCLAIM ALL OTHER WARRANTIES ON THE MATERIALS FURNISHED UNDER THIS AGREEMENT, INCLUDING ALL IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

Changes: This Agreement shall not be subject to change or modification other than by a writing to which both parties are signatories.

Termination: In the event that you terminate or otherwise breach this Agreement (“Default”), you agree to pay: (i) all costs for the work performed in connection with this Agreement up to and including the date of termination; and (ii) all costs of any materials ordered by us in connection with this Agreement. Further, you hereby agree that any amounts due by you as a result of your Default shall be subject to a Claim of Lien pursuant to Chapter 713, Florida Statutes.

Notice: Notice to either party to this Agreement shall be sufficient if made to the respective address shown herein.

Severability: Any provision of this Agreement that in any way contravenes the law of any state or country in which this Agreement is effective will, to the extent the law is contravened, be considered separable and inapplicable and will not affect any other provision or provisions of this Agreement.

Counterparts: This Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of which together shall constitute one and the same instrument. Electronically signed, faxed, and scanned & emailed signatures shall be treated as original and binding upon the signing party.

Governing Law; Venue: This Agreement shall be construed in accordance with and governed by the laws of the State of Florida. Further, in the event any dispute arises from this Agreement, the undersigned parties hereby agree that the venue for said dispute(s) shall lie exclusively in Bay County, Florida.

YOUR AND OUR ACCEPTANCE:

This Agreement will become effective only after acceptance as evidenced by the respective signatures of the parties’ authorized representatives. This Agreement includes all of your and our obligations. No person has authority to make any claim, representation, promise or condition on our behalf that is not documented within this Agreement.

Authorized For:	Authorized For:

Nature Walk		RJ Gorman Marine Construction, LLC	
Signature		Signature	
Date		Date	

Emerald Coast Scapes			
755 Grand Blvd STE B - 105 #119			
Miramar Beach, FL 32550			
emeraldcoastscapes@gmail.com			
Estimate			
ADDRESS	SHIP TO	ESTIMATE # 1485	
NatureWalk Community	NatureWalk Community	DATE 04/13/2023	
Development District c/o	Development District c/o		
Rizzetta & Company	Rizzetta & Company		
120 Richard Jackson Blvd. Ste.	120 Richard Jackson Blvd.		
220	Ste. 220		
Panama City Beach, FL 32407	Panama City Beach, FL		
	32407		

ACTIVITY	QTY	RATE	AMOUNT

Bulkhead Wall Wood Repair	1	0.00	0.00T Replace all boards that sit on top of
the existing wall that have deteriorated or rotted.
Marine Grade Treated Wood -
$10,250
Green Treated Wood - $8500

Once owner agrees to estimate we require 50% deposit to secure	SUBTOTAL	0.00
scheduling and ordering of all materials	TAX	0.00
Thank you and have a great day!	TOTAL	$0.00

Accepted By	Accepted Date

Tab 8

D C STOREY
176 Beacon Way
Santa Rosa Bch, Fl 32459 (850) 687-1546
dennisstorey@ymail.com

TO:
Kim O’Mera District Manager/LCAM
Phone: 850-334-9055 ext. 0153 Direct: 850-629-0153
komera@rizzetta.com
Clean & repaint community signs

Proposal
DATE:5/22/23
NatureWalk Seagrove 780 Sandgrass Blvd
SRB Fl 32459

WORK DESCRIPTION				
AMOUNT	
Safety Signs	Per sign cost: $95				1425	
Material: Wood	Size: 4’ X 4’ X Varies					
Color: TBD, to match street signposts					
Qty: 15	Locations: Throughout the community					
Street sign posts	Per sign cost:$130				1950	
Material: Wood posts wrapped with PCV					
Size: 4’ X 4’ X 10’					
Color: TBD, to match street signposts					
Qty: 15	Locations: Throughout the community					
Streetlights (Pole & Base)	Per sign cost: $160				6720	
Material: Metal, with textured bronze, powder-coated finish,					
and plastic decorative bases	Size: 4' Square pole, 8' H pole					
Color: TBD, must match the light fixtures					
Qty: 42	Locations: The streetlight posts are numbered on					
the enclosed map. The 42 requested for the purpose of this					
request for proposal are: Numbers 1-26, 34, 46, 48-58, and					
89-90					

Notes* We supply all labor and materials/ cleaner & paint to complete stated work.					
Pricing includes keeping work areas tidy. The posts are numbered at the base. The					
numbers cannot be painted over.					
Let us know if we can be of further assistance.		DUE	10,095	

Independent Owner Eligio Monzant (786) 447-2947
Manager Jonathan De Silva
(786) 498-0294
Email: eligio@monzantpainting.com
936 Ibis Way Fort Walton Beach, Fl 32547

CUSTOMER INFORMATION

Job Site Information
Kim O’Mera / Rizzeta & Company 850 629-0153
komera@rizzetta.com

PROJECT DETAILS

Scope

We will wash with Sherwin Williams Xylene pro industrial: 15 each 4’ x 4’ x Varies Wood safety signs, 18 each 4’ x 4’ x 10’ woods post wrapped with pvc and 42 each Metal with texture bronze 4’ square pole, 8’ H pole.
We will make all the necessary covers of preparations.
We will Paint all the poles to matching colors as indicated by client.
We will clean all debris generated.
All materials are included.

PAINT SYSTEM SUMMARY

Paint System
The paint System we recommend is Sherwin-Williams products: Duration, Latitude, Super Paint, Resilience, etc., which includes a 2-year warranty.

OFFER DETAIL	
QTY		$	TOTAL$	
15 Each
18 Each
42 Each	Wood 4’ x 4’ x Varies signpost Wood 4’ x 4’ x 10’ signpost Metal 4’ Square pole, 8’ H pole	36.80
45.65
43.40	552.00
821.70
1,822.80	

PRICE SUMMARY

DESCRIPTION	PRICE	

	
This project will finish between 3 - 4 days to be completed.	
Total	$	3,196.50	

LIMITED TWO YEAR WARRANTY

Subject to the limitation set forth below, for a period of 24 months from the date of completion of the work described on the front of this contract, the independent franchise owner named on the front of this contract, we will repair peeling, blistering or chipping paint resulting from defective workmanship.

DECLARATION OF CONTRACT
They have been explained to (me/us) and (I/We) find them to be satisfactory, and hereby accept them.

Customer Signature	Date
SUBCONTRACTOR DEPOSIT AUTHORIZATION

This statement is the authorization to deposit my subcontractor pay into the account and for the amounts I have listed below.

SUBCONTRACTOR INFORMATION

Company	Name:	M&M	PAINTING,	CONSTRUCTION	&	MANTEINANCE SERVICES CORP
Subcontractor name: Eligio Monzant
Subcontractor Address: 936 Ibis way, Fort Walton Beach, Fl Subcontractor phone number: (850) 716-5471

BANK ACCOUNT INFORMATION

Bank Name: Bank of America Bank Routing #: 063100277 Account Number: 898096724285 Type of account: Checking

Subcontractor Signature	Date

Kim O'Mera

From:	Saidmurod Adilkhanov <saidmurod0007@gmail.com>
Sent:	Tuesday, May 30, 2023 1:35 PM
To:	Kim O'Mera
Subject:	Re: [EXTERNAL]Re: NatureWalk Santa Rosa Beach

Estimate Description
We will sand and clean the poles ,apply pro industrial grade primer and apply pro industrial paint For big stop sign 250$
For light poles 200$ For small stop sign 120$
Fast and Forgettable PCB Construction LLC 155 Damon circle
Panama City Beach. Florida 32407

On Fri, May 26, 2023 at 1:11 AM Saidmurod Adilkhanov <saidmurod0007@gmail.com> wrote: Yes, I'm still interested.

On Thu, May 25, 2023 at 3:32 PM Kim O'Mera <komera@rizzetta.com> wrote:

Hi Said!

Thanks again for meeting with Jonette to review the NatureWalk project. Based on some of your recommendations while meeting with her, I am updating the project list just a bit to provide you with.

Are you still interested in giving us a proposal for this project by next Tuesday or so? If so, I’ll send you the updated sheet as soon as it’s completed.

Kim O’Mera

District Manager/LCAM

Phone: 850-334-9055 ext. 0153

Direct: 850-629-0153
komera@rizzetta.com

1

BUSINESS & COMMERCIAL SERVICES

CertaPro of Northwest Florida 211 Main Street
Suite A
Destin, FL 32541
(850) 387-0890

http://northwestforida.certapro.com License: 3600100755683
Full Worker's Compensation Coverage
$4,000,000 General Liability, $1,000,000 Umbrella

COMMERCIAL EXTERIOR
Proposal#: Naturewalk JOB-1369-6655
Job#: JOB-1369-6655
Date 06101/2023

We proudly feature She1Win-Williams paints and stains.

JOB SITE

Naturewalk JOB-1369-6655
Highway 395
Santa Rosa Beach, Florida 32459 8506290153
komera@rizzetta.com

PREPARED BY

Manique Rin
Commercial Sales Associate 850-387-0890
mrin@certapro.com

CLIENT
KimO'Mera
Santa Rosa Beach, Florida 32459	8506290153 komera@rizzetta.com
CLIENT CONTACTS

PRICING:

Prep and Repaint Street Sign Posts E-F
Prep and Repaint to Light Posts and Light Post Tops A-D Signarama: Number sequence of the light post Subtotal:
Merchant Services
Total: Deposits Due Balance

$2,421.79
$11,235.21
$145.24
$13,802.25
$483.08
$14,285.33
$7,142.67
$7,142.66

GENERAL SCOPE OF WORK
NATUREWALK Santa Rosa Beach, Fl

CONDITION OF THE SIGNS: All signs are in good condition. l'v'ost of the signs need very minimal prep work before painting. All are weather (Sun Bleached).
SURROUNDING ENVIROMENT: This is a community tucked away off of SR395, light traffic was observed on Wednesday, late morning from 10-11:30am. The Double streetlights are located right off SR395 when you first turn into the community, there is more traffic in this area.
ADDITIONS TO THE PUBLISHED RFP: The client mentioned that a mistake was made preparing the request for proposal, the HOA had forgotten to include the tops of all the light post and the repainting of the street signs. Janetta Coram (Chairman of the HOA) requested that we add these two items into our scope. Additionally, she mentioned they do not have the name of the colors of the signs and or street name signs, they are open to color recommendations, they only require that the colors remain close to the original tones and shades

SUMMARY OF WORK REQUESTED DURING SITE VISIT
LIGHT POST: 111 (all aluminum with a plastic base)
LIGHT POST TOPS: 111 (added to the RFP)
DOUBLE LIGHT POST: 3 (all aluminum with a plastic base)
DOUBLE LIGHT POST TOPS: 6
STEET SIGNS: 18 (8 are aluminum and 10 are PVC covered wooden post)
SAFETY SIGNS: 17 (1 is aluminum and 16 are PVC covered wooden post)

CertaPro to prep the surfaces by cleaning, light sanding and scraping as needed.
CertaPro to protect areas as needed to prevent paint spills on the grounds.
Once the areas are properly prepared we will begin painting. Apply two coats to all surfaces with a Prolndustrial Grade Paint. Use □TM on the metal
areas and Multi-Surface on other surfaces that are not metal.
Special Notes: The tops of the light post are not listed inside of the Request for Proposal, but the client is asking for us to include the tops of the light post into our offer. Each light post has a number associated with them. These number are made from a reflective vinyl material (typical product of Signarama). We will replace the vinyl number on these posts.
1. These tops of the light post are also not listed inside of the Request for Proposal, but the client is asking for us to include these tops of the light post into our offer.
2. There are only three of this type of light post, they are located turn into the community off SR395 the main road. (Caution, and traffic warning signage is recommended).
3.There are 17 total safety signs on the property, all of which are PVC sleeve over a wooden post and crown top except for one, which is aluminum like

the light post. The worse of all the safety signs required minor prepping before painting, it appeared as if someone in the past applied tape on the PVC exterior.
The District does not have original color names for all colors. Colors selected should be chosen to ensure a match to existing materials or mutually refurbished items unless otherwise specified below. The District will defer to the vendor on recommendations for the refurbishment of signposts wrapped with PVC (i.e. paint vs. replace). For street signposts, the backside of signage should be fully covered, and street name plaques not painted over.

OPTIONAL (can be added on to the main bid)

SIGN FACE PAINTING: 72 (added to the RFP)
PRICE ADD ON: $4,893.30

MANUFACTURE ONE SIGN: 2-Sign faces, One metal sign plate v..ith mounting bracket PRICE ADD ON: $562.50

SPECIAL INSTRUCTION:
The client also v..ishes to include the price for repainting the street name signs in the case "Sage Circle"twJ colors. There are a total of 58 sign faces to be repainted
The signs attached to these street signs are glued to the sign and cannot be removed, edging around the signs is required Vvhen painting.
One of the Signs "Sandgrass Blvd" broke from the street sign and the client v..ishes us to include remaking this sign.
SURFACE PREPARATION STANDARD LEVEL OF PREP
Unless stated otherwise in pictures and/or text in this proposal, this project is priced to include our standard level of prep. This includes the following: Wash or wipe down surfaces being painted.
Scrape and sand loose and peeling paint. Please Note** Scraping and sanding will not result in a smooth finish. There will be ups and downs where paint was removed.
Spot priming bare wood and metal in areas being painted. We do not spot prime areas being stained.
Caulking as needed. We only caulk areas that were previously caulked and are missing or failing. We only remove caulking that is failing. This level of prep DOES NOT include (Unless specified otherwise in this proposal) the following:
Wood replacement
Fixing imperfections that require feather sanding and bondo application.
Full recaulking if caulk is not failing or missing.
Stripping existing surface coating.
Power washing: To remove dirt, algae, mildew and degraded or damaged wood fibers so the new finish coat will adhere properly. This step is for cleaning...not paint removal. Homes with loose paint will have many chips on the ground after washing which we can not remove until everything dries out. Small chips are impossible to rake out of the grass and planting beds so we will do our best to get them out but there will be some residue left over. Power washing will not remove oxidation stains from gutters and downspouts. Although we will thoroughly flush the exterior surfaces after washing, you should plan on having your windows cleaned after the painting is done as power washing may leave a residue on the exterior glass.
CLEAN UP
Daily: Ladders are taken down and stored in a designated area along with all other tools and supplies. All debris will be swept and removed from the property or deposited in the appropriate trash receptacle according to the customer's preference.
Upon Completion: All tools, supplies & equipment will be removed from the property. If there is leftover paint, we will leave leftover paint for your future use.

PROPOSAL AND COLOR SPECIFICATIONS
Surface/Item	Product	Paint / Primer Coats  Color

Prep and Repaint Street Sign Posts E-F

STREET SIGN POSTS	To Be Determined - Best Available­
AlkydlOil/Urethane-Semi-Gloss

2/0

SAFETY SIGN POSTS

To Be Determined - Best Available­ Alkyd/Oil/Urethane-Semi-Gloss

2/0

Prep and Repaint to Light Posts and Light Post Tops A-D

Light Post		To Be Determined - Best Available­ Alkyd/Oil/Urethane-Semi-Gloss

2/0

Light Post Tops

Double Light Poles and Double Light Post Tops

To Be Determined - Best Available­ Alkyd/Oil/Urethane-Semi-Gloss
To Be Determined - Best Available­ Alkyd/Oil/Urethane-Semi-Gloss

2/0

2/0

Signarama: Number sequence of the light post

 		

NOTES
SCHEDULING: To schedule your project, please sign the proposal electronically or delivery it by mail or in person to our office. Our office will call you directly to discuss potential start dates. If you have any special considerations or deadlines that you need us to assist you with, please let us know and we will make the necessary special accommodations. To be fair to all our customers, all projects are scheduled in the order in which they are booked, defined as receipt of a signed contract and deposit.
PRODUCTION DELAYS: Delays in production can happen for many reasons. Depending on the season of the year our work day lengths are affected. Such as spring and fall our work days can be shorter. Rain plays a huge part in our schedule and even a shower in the morning can stop us from doing any work on a given day. Also saturating rains may require additional drying days before we can start work again.
CARPENTRY: Any carpentry work to be done by anyone other than CertaPro must be 100% completed before CertaPro can begin the painting project. All carpentry estimates are based on visual inspections. Pricing could change if there are non-visible items that would require additional work to complete. Any other areas that need to be repaired, that have not been identified during our original walkthrough and proposal, will be brought to your attention and can be repaired via our CHANGE ORDER process per the prices listed below.
ADDITIONAL WORK/CHANGE ORDERS: Any additional work desired during the project will be charged on a time and material basis at a rate of $50.00 per worker per hour for painting and $75.00 per worker per hour for carpentry. If we are instructed to complete such work, we will ensure written approval and agreement on the price is received prior to proceeding.
CHANGE TO COLORS: Custom color paints are not returnable for store credit, so if you request a color change after we have ordered custom color paint for
your job, you will be billed for the paint and charged for the additional labor necessary to repaint.
DETAIL: We have estimated your property to be painted with the same basic detail as it is currently unless otherwise specified. If you would like more detail that would be considered a change order and our listed change order prices would apply.
ONE COAT COVERAGE: If we have proposed doing a one-coat, color and sheen match on any areas, we will work with our paint vendors to ensure we achieve as close of match as possible. If for any reason we are unable to achieve a close enough match to adequately cover the substrates with a one coat application, we will immediately notify you and discuss options on achieving desired results.
MORE THAN 3 COLORS: This proposal assumes you will choose one ceiling color, one wall color, and/or one trim color per room and no more than 3 colors in total. There will be an upcharge of $80.00 per additional color chosen above 3 colors per room or in total.
ADDITIONAL NOTES

CHANGE TO COLORS: Custom color paints are not returnable for store credit, so if you request a color change after we have ordered custom color paint for your job, you will be billed for the paint and charged for the additional labor necessary to repaint.
DETAIL: We have estimated your property to be painted with the same basic detail as it is currently unless otherwise specified. If you would like more detail that
would be considered a change order and our listed change order prices would apply.
DEEP BASE COLORS: On rare occasions, certain deep base colors (such as dark reds) may require more than two coats for proper coverage or depth of tone. If after two coats, you are not satisfied with the look, we will fill out a change order and proceed to apply additional coats at $50 per man hour and materials (if needed) to achieve your desired outcome.
ONE COAT COVERAGE: If we have proposed doing a one-coat, color and sheen match on any areas, we will work with our paint vendors to ensure we achieve as close of match as possible. If for any reason we are unable to achieve a close enough match to adequately cover the substrates with a one coat application, we will immediately notify you and discuss options on achieving desired results.

SIGNATURES

CertaPro Painters Authorized Signature	Date	Authorized Client Signature	Date

Authorized Client Representative Name & Title Client

PAYMENT DETAILS

Payment is due: In full upon job completion

OPTIONAL WORK
The following items are NOT INCLUDED in your project but may be added for the additional cost listed below.

Item	Description	Price

Prep and Repaint Street Sign Posts E-F	Street Sign Face Painting (ie Sage Circle)	$4,893.30	
Sandgrass BIid Street Sign re-make	Sandgrass BIid Street Sign re-make	$562.50	

COMMERCIAL DEFINITIONS AND CONDITIONS OF THIS CONTRACT

RELATIONSHIP -  The individual giving you this proposal is an independent contractor licensed by CertaPro Painters:©to use its &ystems and trademarksto operate a painting franchise. The worl<. will be completed by the independent franchised contractor. Please make any check payable to the franchise shown on the front of this proposal.

COLORS - Colors may be chosen by the client prior to commencement of work If, after the job starts, a color change is required, the independent Contractor will have to charge for time and material expenses incurred on the original color:

UNFORESEEN CONDITIONS -  Should conditions arise which could not be determined by visual inspection prior to starting work, the client must pay an agreed upon extra for the completion of such work.

PROPOSAL - This proposal is valid for 60 days after it was written. In addition, the Independent Franchised Contractor should be informed of your desire to have the work done and receive a signed copy of the proposal before work is to be started.

ATTENTION CLIENT:

YOU, THE BUYER, MAY CANCEL THIS TRANSACTION AT ANY TIME PRIOR TO MIDNIGHT OF THE THIRD BUSINESS DAY AFTER THE DATE OF THIS TRANSACTION. SEE THE BELOW NOTICE OF CANCELLATION FOR AN EXPLANATION OF THIS RIGHT. (SATURDAY IS A LEGAL BUSINESS DAY IN CONNECTICUT.) THIS SALE IS SUBJECT TO THE PROVISIONS OF THE HOME SOLICITATION SALES ACT AND THE HOME IMPROVEMENT ACT. THIS INSTRUMENT IS NOT NEGOTIABLE.

NOTICE OF CANCELLATION

YOU MAY CANCEL THIS TRANSACTION, IMTHOUT ANY PENALTY OR OBLIGATION, IMTHIN THREE BUSINESS DAYS FROM THE ABOVE DATE. IF YOU CANCEL, ANY PROPERTY TRADED IN, ANY YMENTS MADE BY YOU UNDER THE CONTRACT OR SALE, AND ANY NEGOTIABLE INSTRUMENT EXECUTED BY YOU Will. BE RETURNED WITHIN TEN BUSINESS DAYS FOLLOWING RECEIPT BY THE SELLER OF YOUR CANCELLATION NOTICE, AND ANY SECURITY INTEREST ARISING OUT OF THE TRANSACTION WILL BE CANCEU.ED. IF YOU CANCEL, YOU MUST MAKE AVAILABLE TO THE SELLER AT YOUR RESIDENCE IN SUBSTANTIALLY AS GOOD CONDITION AS WHEN RECEIVED, ANY GOODS DELIVERED TO YOU UNDER THIS CONTRACT OR SALE; OR YOU MAY, IF YOU IMSH, COMPLY IMTH THE INSTRUCTIONS OF THE SELLER REGARDING THE RETURN SHIPMENT OF THE GOODS AT THE SELLER'S EXPENSE AND RISK. IF YOU DO MAKE THE GOODS AVAILABLE TO THE SELLER AND THE SELLER DOES NOT PICK THEM UP WITHIN TVVENTY DAYS OF THE DATE OF CANCELLATION, YOU MAY RETAIN OR DISPOSE OF THE GOODS WITHOUT ANY FURTHER OBLIGATION. IF YOU FAIL TO MAKE THE GOODS AVAILABLE TO THE SELLER, OR IF YOU AGREED TO RETURN THE GOODS AND FAIL TO DOSO, THEN YOU REMAIN LIABLE FOR PERFORMANCE OF ALL OBLIGATIONS UNDER THE CONTRACT. TO CANCEL THIS TRANSACTION, MAIL OR OEUVER A SIGNED AND DATED COPY OF THIS CANCELLATION NOTICE OR ANY OTHER WRITTEN NOTICE, OR SEND A TELEGRAM TO:
Name of Seller CertaPro of Northwest Florida

DATE OF TRANSACTION
NOT LATER THAN MIDNIGHT OF

I HEREBY CANCEL THIS TRANSACTION

(Buyer's Signature)	(Date)

LIMITED TWO YEAR WARRANTY

Subject to the limitation set forth below, for a period of 24 months from the date of completion of the work described on the front of this contract, the Independent Franchise Owner named on the front oflhis contract (the "Contractor") will repair peeling, blistering or chipping paint resulting from defective workmanship.

THIS LIMITED WARRANTY DOES NOT COVER:

Any work where the Contractor did not supply the paint or other materials.
Any work which was not performed by the Contractor.
varnished surfaces.
Surfaces made of, or containing, galvanized metal.
The cost of paint required to perform the repairs.
Repairs to horizontal surfaces or any surface that, by virtue of its design permits moisture to collect. Surfaces include, but are not limited to, decks, railings, stairs, porches, roofs and wood gutters.
Exact paint match as environmental conditions will affect the color and finish of all paints over time.
Any repairs which are necessitated as a result of a defect in the paint regardless of whether the paint was supplied by the Contractor or the customer.
Bleeding caused by knots, rust or cedar.
Cracks in drywall, plaster or wood.
Peeling, blistering or chipping where they are caused by
mill-glazing from smooth cedar
ordinary wear and tear.
abnormal use or misuse.
peeling of layers of paint existing prior to the work performed by the Contractor.
structural defects.
settling or movement.
moisture content of the substrate.
abrasion, mechanical damage, abrasive cleaning, abuse or damage resulting from use of chemicals or cleaning agents or exposure to harmful solids, liquids or gases.
damage or defects caused in whole or in part by reason offire, explosion, flood, acts of God, extreme weather conditions, misuse, alteration, abuse, vandalism, negligence, or anyothersimilarcauses beyond the control of the Contractor.

Repairs under this limited warranty will be performed only on the specific areas where peeling, blistering or chipping has occurred and only to the level of surface preparation described in the preparation section of the Contract.

FOR THIS WARRANTY TO BE VALID, YOU MUST:

Pay the full contract price.
Retain a copy of the original contract.
Retain a copy of your cancelled check or other evidence of payment in full.
Pay for all materials used to perform the repairs.
Make the property accessible to the Contractor, or his employees, to perform the repairs.

THIS LIMITED WARRANTY IS THE ONLY EXPRESS WARRANTY MADE BY THE CONTRACTOR AND IS IN LIEU OF ALL OTHER WARRANTIES, EXPRESS OR IMPLIED. THIS WARRANTY COVERS ONLY THOSE SERVICES PROVIDED BY THE CONTRACTOR TO THE ORIGINAL PURCHASER NAMED ON THE FRONT OF THIS CONTRACT. IN NO EVENT SHALL THE CONTRACTOR BE LIABLE FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES IN EXCESS OF THE ORIGINAL CONTRACT PRICE. THIS WARRANTY MAY NOT BE ALTERED OR EXTENDED FOR ANY PURPOSE UNLESS DONE SO IN WRITING IN ADOCUMENT EXECUTED BY ALL PARTIES TO THIS CONTRACT.

This warranty gives you specific legal rights. Some jurisdictions do not allow limitations on how long an implied warranty lasts, so the above limitation may not apply to you. Some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages, so the above limitations or exclusions may not apply to you.

For warranty service, you should contact your Contractor to schedule an inspection of your property by calling CertaPro Painters® at 800.462.3782.

Tab 9

Tallahassee
66 Industrial Park Rd.	Toll Free: (800) 714-3020
Monticello, FL 32344	Website: www.alphafoundations.com
(850) 877-1313

CONTRACT
Licensed Contractor
CBC1257350
Customer
Kim OMera

Project Location
Sandgrass Blvd. SANTA ROSA BEACH, FL 32459	Date
5/30/2023
Phone (Work or Home)
CallerID: (850) 209-5117, Work: (850) 629-0153,
Mobile: (979) 824-3901
E-mail
komera@rizzetta.com	
PROPOSED PRODUCTS	QTY	
1 Year Annual Service Plan	1.0	
SettleStop PolyRenewal	400.0	

Subtotal	$5,796.00	
Discount	$250.00	
Fuel Surcharge	$99.00	
Contract Price	$5,645.00	

This Contract, along with the Terms and Conditions, the Warranties, the Notice of Cancellation, and the Payment Terms form the contract (the "Contract") between the Customer and Alpha Foundation Specialists, LLC (the “Contractor”).

Customer is responsible for removing all personal items from the X	 work area.
Customer assumes responsibility for damages to hidden or

A full perimeter drainage system with sump pump was X	 recommended.

X	 unmarked utility lines.	X	 Customer is aware of warranty and all addenda.
Stabilization is warrantied. Contractor can attempt to lift at	Customer is responsible for providing all necessary electrical
X	 Customer's request.	X	 outlets.
Acceptance of Contract - The above prices, specifications, conditions, and separate warranty are satisfactory and hereby accepted. You are authorized to do work as specified. Payment will be made as outlined above or in accordance with the attached addendum. Subject to the Terms and Conditions, Contractor shall endeavor to start work within one hundred fifty (150) days of the date of the Contract and shall endeavor to complete the work within an estimated one hundred twenty (120) days of the start date of the work..
Customer	Contractor

X		X	

X	

Date 	5/30/2023		Date 	5/30/2023	

Supplemental Notes Alpha Foundation Specialists, LLC to:

Product Specifications
1 Year Annual Service Plan
One year of service is included in this contract. Customer is aware this will be on the aniversary date of install completed. This is not refundable and will transfer to new home owners if house is sold.
SettleStop PolyRenewal
PolyRenewal is a two-part urethane polymer that expands into rigid, structural foam to fill voids, stabilize, and sometimes lift concrete. Small 3/8" holes are drilled in strategic locations in the slab. PolyRenewal is injected beneath the slab to fill voids and attempt lift. Holes are grouted and sealed but may not match the color of the existing flooring or concrete. Customer is aware that the concrete can crack during the lifting process. Contractor will repair cracks that are caused by the lift but will not replace any concrete. The concrete can sometimes be ground down to reduce tripping hazards. Customer is aware that the concrete may not be perfectly level. Contractor guarantees stabilization. Sealing all joints and preexisting cracks are recommended and can be added for an additional charge.

Terms and Conditions
Services. Alpha Foundation Specialists, LLC d/b/a Alpha Foundations, license no.CBC1257350, is licensed by the Florida Department of Business and Professional Regulation. This Contract for the services requested by Customer (the “Work”) is based primarily upon Customer’s description of the project and/or the related problem(s) and is intended to remediate those problem(s). Contractor assumes existing construction generally complies with the relevant building codes. Any drawing(s) attached to the Contract are intended solely for illustration purposes, are not to scale, and do not create any additional representation, warranty, or commitment on the part of Contractor in connection with the Work. Contractor is not responsible for products, services, or conditions not expressly reflected herein, not expressly included in the Contract, and not purchased and paid for by Customer. Start dates and completion deadlines for the Work are approximate and may be affected by events beyond Contractor’s control, such as weather, permitting issues, access to the property, etc. Any delay caused by events beyond the control of Contractor shall not constitute abandonment and shall not be included in calculating timeframes for payment and performance. Contractor reserves the right to amend the scope of the Work in order to best address the project and/or problems. Any changes to the scope of Work which change the cost, materials, work to be performed, or estimated completion date must be made in writing, signed by both parties, and paid for before the Work can be performed. Any deviation from the scope of Work set forth in the Contract that results in additional costs, including but not limited to unforeseen site conditions, unusual building construction, changes needed after Contractor’s engineering/ management review of the signed Contract, and/or special requirements from the county/city/agency, will become an extra charge over and above the contract amount set forth in the Contract. If Customer and Contractor cannot agree on the amount of such additional costs and sign an amendment to the Contract, then Contractor has the option, at its sole discretion, of not proceeding with the Work and canceling the Contract for its convenience. Contractor reserves the right to substitute a product with an equivalent or superior product. The Work will be completed in a workmanlike manner according to the standard practices of the industry, and Contractor will comply with local permitting, inspection, and zoning requirements.
Acceptance of Contract. By signing the Contract, Customer acknowledges that he/she understands and accepts all terms, the Terms and Conditions and the Warranties, and desires to enter into a contract with Contractor for the completion of the Work. Customer’s signature authorizes Contractor to perform the Work as specified in the Contract. The Contract may be withdrawn by Contractor if it is not accepted within thirty (30) days from the date of delivery.
Compensation. Customer agrees to pay Contractor compensation as set forth in the Contract. Payment must be made in full upon completion of the Work. Failure by Customer to make payments when due shall constitute a breach of the Contract. A service fee of $25 will be charged for each returned check, and interest at a rate of 1% per month shall be applied to any amounts owed by Customer to Contractor (both pre-judgment and post-judgment) if Customer fails to pay the amounts owed for the Work as agreed.
Insurance. Contractor represents and warrants that it maintains insurance as set forth in the Contractor’s Certificate of Liability Insurance, which can be made available upon request.
Dispute Resolution. Dispute Resolution. The Contract shall be governed by the law of the place where the project is located, excluding that jurisdiction’s choice of law rules. Except for instances of failure to pay the full amount of the Contract, any claim, dispute, or other matter in controversy arising out of or related to this Contract or breach thereof shall be settled by arbitration administered by the American Arbitration Association (“AAA”) in accordance with its Construction Industry Arbitration Rules in the place where the project is located, unless another location is mutually agreed upon, and judgment on the award rendered by the single arbitrator appointed to decide such proceeding may be entered in accordance with applicable law in any court having jurisdiction thereof. The fee schedule is listed on the AAA website at http://info.adr.org/constructionfeeschedule/.
The arbitrator has the discretion and authority to award such remedies as may be available under applicable law. Each party shall be responsible for its own attorneys’ fees for the arbitration.
If payment in full is not made when due, Contractor is entitled to proceed with litigation and may recover all expenses of collection, including attorneys’ fees, court costs, court reporter fees, and expert witness fees, in such amount as the court may adjudge reasonable. Contractor is also entitled to recover interest on the unpaid amount from the date due until paid at the rate of 1% per month. EACH PARTY TO THIS CONTRACT FOR ITSELF, ITS SUCCESSORS AND ASSIGNS, WAIVES ALL RIGHTS TO TRIAL BY JURY FOR ANY CLAIM, DISPUTE, OR OTHER MATTER IN CONTROVERSY ARISING OUT OF OR RELATED TO THIS CONTRACT.
Customer's Responsibility.
Cosmetic Repairs. Unless specifically noted in the Contract, Contractor is not responsible for any cosmetic repairs. Rather, Customer is responsible for any finished carpentry, painting, repointing, electrical work, extending discharge lines, replacement of floor tiles, carpeting, paneling, etc. that may be necessary after Contractor has completed the Work, unless such repairs are specifically identified in the Contract. When trenching or excavation is required, Contractor will backfill and compact soil to the best of its ability; however, Customer may need to add more topsoil at a later date if the excavated area settles. Customer is also responsible for any landscaping, reseeding, and resodding that may be necessary after Contractor has completed the Work.
Utilities. Contractor will call the appropriate utility protection service or damage prevention authority (i.e., 811 or “Miss Utility”) to have all public underground utilities located. If Customer lives at a rural address, public lines will only be located to the pole or Customer’s property line. Customer is responsible for marking any private lines such as satellite dish cables, propane lines, low voltage lighting wires, sprinkler system lines, security system wires, services to outbuildings and swimming pools, etc. Customer assumes all responsibility for damage caused to hidden, buried, or unmarked fuel/utility/service/private lines. Unless otherwise noted, electrical work is not included in this Contract and problems with electrical connections are the responsibility of Customer.
Water Seepage. Customer agrees to maintain positive drainage away from any wall(s) repaired by wall anchors, foundation piers, and/or carbon fiber strips/reinforcers. In the event of a wall anchor installation, a Water Management System is recommended to reduce hydrostatic pressure (which increases at greater depths) on the wall(s) and reduce the chance of water seepage into the basement. Water seepage into any area of the basement is NOT covered by the attached Warranties.
Access and Personal Property. Customer shall provide access to the areas where the Work is to be performed and shall furnish utilities of electric and water at no cost to Contractor. Customer shall prepare such areas so that Contractor can begin work, including moving all items at least 10 feet away from areas where Work is to be performed and adequately sealing off living space from work areas. Customer shall remove or protect personal property, inside and outside of the residence, including but not limited to carpets, rugs, shrubs and plants, and Contractor shall not be responsible for said items. In the event that the removals have not been completed by the scheduled start date for Work, Customer shall be assessed a trip fee of $250. Contractor may offer, but is not required, to assist (i) in the preparation of the Work areas and/or (ii) in the removal and replacement of drywall, paneling, flooring, finish carpentry, wall coverings, or landscaping at a rate of $40 per man hour.
Representations. Customer warrants that except as described in the request for service, all electrical, plumbing, HVAC, restoration, and handyman services located on the property are in good repair and condition and agrees to indemnify Contractor for any defective conditions that exist prior to or that occur after performance of the Work through no fault of Contractor. Customer is responsible for protecting the components that Contractor provides from future damage and shall follow all instructions provided in maintaining and protecting such components.
On-Site Meetings. Customer shall meet with Contractor on-site before the Work begins and shall meet with Contractor on-site when the Work is completed and ready for inspection such that Contractor can explain the Work and finalize payment by Customer. Customer shall be responsible for being present on-site during any attempts to lift any part of the structure and/or concrete pavement.
Notice and Contractor’s Right to Cure. Customer shall promptly report, in writing, any problems with the Work to Contractor. If the problem with the Work is attributable to Contractor, Contractor will begin to repair/correct the problem within fourteen (14) days of receipt of written notice and shall complete the repair/correction in a reasonable time.
Assignment. This Contract will be binding upon the parties hereto and their respective successors and assigns. This Contract is not assignable without the written consent of both parties.
0. Miscellaneous. This Contract constitutes the entire agreement of the parties. All prior agreements, whether written or oral, are merged herein and shall be of no force or effect. This Contract shall not be modified except in writing signed by both parties. The waiver by any party of a breach or the failure to enforce any provision of this Contract shall not operate as a continued waiver or agreement or be construed as any other waiver or agreement. The validity, performance, and construction of this Contract shall be governed and interpreted in accordance with the law of the place where the project is located. If any term, condition, or provision of this Contract is found unenforceable by a court of law or equity, this Contract shall be construed as though that term, condition, or provision did not exist, and its unenforceability shall have no effect whatsoever on the rest of this Contract.
11. Signatures. This Contract may be executed in any number of counterparts, each of which shall, when executed, be deemed to be an original and all of which shall be deemed to be one and the same instrument. This Contract may be executed by facsimile or electronic signature pages which shall have the same force and effect as original executed signature pages. The person signing below for Customer represents that he/she has authority to act on behalf of the owner(s) of the property described in the Contract.
2. Limitation of Liability. IN NO EVENT SHALL CONTRACTOR BE RESPONSIBLE FOR INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL, OR CONSEQUENTIAL DAMAGES, INCLUDING BUT NOT LIMITED TO, LOSS OF USE OF THE SUBJECT PROPERTY, DAMAGE TO ANY PROPERTY NOT FURNISHED BY CONTRACTOR, ATTORNEYS’ FEES, EXPERT FEES AND/OR COSTS.
3. FLORIDA HOMEOWNERS' CONSTRUCTION RECOVERY FUND.

PAYMENT, UP TO A LIMITED AMOUNT, MAY BE AVAILABLE FROM THE FLORIDA HOMEOWNERS’ CONSTRUCTION RECOVERY FUND IF CUSTOMER LOSES MONEY ON A PROJECT PERFORMED UNDER CONTRACT, WHERE THE LOSS RESULTS FROM SPECIFIED VIOLATIONS OF FLORIDA LAW BY A LICENSED CONTRACTOR. FOR INFORMATION ABOUT THE RECOVERY FUND AND FILING A CLAIM, CONTACT THE FLORIDA CONSTRUCTION INDUSTRY LICENSING
BOARD AT THE FOLLOWING TELEPHONE NUMBER AND ADDRESS: (850) 921-6593, Construction Industry Licensing Board, 2601 Blair Stone Road, Tallahassee, Florida 32399.

IN WITNESS WHEREOF, Customer and Contractor have caused their duly authorized representatives to execute this Contract as of the date first written above.
Customer	Contractor Alpha Foundation Specialists, LLC

Name: X		Name: X	

By: Kim OMera	By: Jody Clements

A Qroun4works'Company

Warranties
These Warranties are in effect only after the Work is completed and Customer has paid in full. If payment is not received, these Warranties are null and void. These Warranties are made in lieu of all other warranties, express or implied, and of all other obligations on the part of Contractor to Customer. There are no other oral or written warranties. There are no warranties which extend beyond the descriptions that appear below, including no warranties of express or implied merchantability and no warranties of express or implied fitness for a particular purpose. These Warranties are transferable to future owners of the structure on which the Work is completed. Contractor shall charge a fee of $200 to complete a system inspection and new owner orientation. All warranty claims must be brought prior to the expiration of the applicable warranty period in order to be valid. Contractor does not warrant products not mentioned herein. Some products may be covered by a separate manufacturer’s warranty, and Customer is responsible for compliance with any notice and claim procedure included in such warranties.
Definitions. The term “stabilize,” as used in these Warranties, shall mean to make unlikely to give way or fail. The term “horizontal movement,” as used in these Warranties shall mean bowing. The term “vertical movement,” as used in these Warranties shall mean settlement.
Wall Support Systems. Contractor hereby warrants that wall support systems, including wall anchors, carbon fiber strips, and steel I-beam systems, will stop further inward horizontal movement of the wall(s) in the areas where they are installed for the lifetime of the structure from the date of installation. Wall support systems are warranted only to stabilize repaired walls(s), not straighten. Walls that do not have wall support systems installed by Contractor entirely from corner to corner are not warranted. Contractor recommends annual maintenance for wall support systems. The cost of maintenance is not included in this contract, but maintenance is available from Contractor at an additional charge. For Carbon Fiber Strips, contractor does not warrant against: (1) any tipping or leaning at the top of the wall(s) repaired; (2) shearing or sliding at the bottom of the wall(s) repaired. In the rare instance that the repaired wall(s) experience leaning or shearing, steel brackets or other methods can be installed by Contractor at an additional charge.
Foundation Push Piers and Foundation Helical Piers. Contractor warrants that the foundation push piers and foundation helical piers will stabilize the affected area(s) against further vertical movement for the lifetime of the structure from the date of installation. Contractor DOES NOT WARRANT TO LIFT ANY STRUCTURE, to close cracks, to render doors and windows operational, or to move walls back to their original position, but will do its best to achieve positive results in this regard, if lift is requested by Customer. Contractor is not responsible for any damages caused by a lifting operation on Customer’s foundation. Foundation push piers and foundation helical piers are sold and installed without the benefit of detailed knowledge of the existing foundation construction or subsurface conditions at the site. Contractor reserves the right to conduct a more thorough subsurface investigation, if necessary. Such an investigation may result in additional charges and delays.
Steel Columns/Adjustable Screw Jacks/IntelliJack Support. Contractor warrants that the IntelliJacks will stabilize the affected area(s) against further vertical movement for a period of two (2) years from the date of installation. This two (2) years warranty against further vertical movement is separate and apart from the manufacturer’s warranty of twenty-five (25) years on the product(s). Contractor DOES NOT WARRANT TO LIFT ANY STRUCTURE, to close cracks, to render doors and windows operational, or to move walls back to their original position, but will do its best to achieve positive results in this regard, if lift is requested by Customer. Contractor is not responsible for any damages caused by a lifting operation on Customer’s framing. The condition of wood located in crawl spaces can be highly variable and can rapidly deteriorate or move as a result of changes in environmental conditions and/or changes in the building envelope conditions. Contractor is not responsible for wood repair (i.e., joist sistering, beam replacement, sill plate repair, cracking/movement in hardwood flooring or tiles) incidental to changes in environmental conditions and/or changes in the building envelope conditions, unless specifically noted in this Contract. Contractor warrants carpentry work for a period of one (1) year. Steel columns/adjustable screw jacks are sold and installed without the benefit of detailed knowledge of the existing foundation construction or subsurface conditions at the site. Contractor reserves the right to conduct a more thorough subsurface investigation, if necessary. Such an investigation may result in additional charges and delays.
Slab Piers. Contractor warrants that the slab piers will stabilize the affected area(s) against further vertical movement for a period of ten (10) years from the date of installation. Contractors DOES NOT WARRANT TO LIFT the slab back to its original position.
Water Management. Contractor warrants that if water from the walls or floor wall joint passes through the perimeter of the water management system and into the basement floor, Contractor will provide the additional labor and materials to fix the leak at no additional charge to the Customer. This warranty applies to water management systems along the specific areas where the system is installed. This warranty will be in effect for the lifetime of the structure and may be transferred to future homeowners provided Contractor is notified within thirty (30) days of the real estate transfer. Annual maintenance is strongly recommended for all water management systems, but is not required for the warranty to be in effect. The water management system shall not rust, rot, or corrode for the life of the structure. If the entire perimeter of the basement was not treated, then additional work at an additional charge may be necessary to extend the system or treat other areas or other problems not addressed by this Work. In addition, a pump or power failure is possible; therefore, this warranty is not a guarantee of a dry basement. This warranty shall not apply to condensation, or any system that has been altered in any way, water vapor transmission, concrete discoloration from capillary action, water squirting out of the walls over the system, window well flooding, plumbing leaks, surface water flooding, leaks from chimneys or garages, wall dampness, or efflorescence (white powder) on concrete, masonry or bricks. Contractor is not responsible for frozen discharge lines or water once it is pumped from the structure. Installation of a water management system does not include extending discharge lines more than five (5) feet from the foundation or electrical work, unless specified. Floor cracks are warranted against leakage only with full perimeter water management systems. Primary AC operated sump pumps and DC back-up pumps may be covered under a separate manufacturer’s warranty. Systems that drain to daylight cannot be warranted by Contractor if such system does not drain enough water, does not drain water from under the floor, clogs, or freezes. While drainage systems clogging or malfunctioning from iron ochre, iron get, or iron bacteria from the soil are rare, Contractor cannot be responsible for these situations, or for a system that requires cleaning, flushing, or other service as necessary to keep it functioning.
Crawl Space Encapsulation. A crawl space encapsulation system will isolate the home from the earth. The humidity level in the air will be lowered, reducing moisture; however, the encapsulation system does not claim to be a mold mitigation system and a dehumidification/air purification system is highly recommended to further reduce mold growth. CrawlSeal has a transferable twenty-five (25) years warranty—there will be no charge for service calls on any tears or holes in the CrawlSeal liner (not caused by abuse or misuse), in the unlikely event this occurs. Wet crawl spaces require a drainage system and a sump pump system to remedy any problems with water below the liner. There will be no charge for Contractor to repair tears or holes in the crawl space encapsulation liner, unless Contractor determines that the tear/hole was caused by abuse or misuse. Sump pumps and crawl space encapsulation systems may be covered under a separate manufacturer’s warranty. Installation of a crawl space encapsulation system does not include extending discharge lines more than five (5) feet from the foundation or electrical work, unless specified. Contractor is not responsible for frozen discharge lines, water once it is pumped from the structure, or condensation. The condition of wood located in crawl spaces can be highly variable and can rapidly deteriorate or move as a result of changes in environmental conditions and/or changes in the building envelope conditions. Contractor is not responsible for the repair of pre- existing wood damage unless specifically noted in this Contract.
PolyRenewal and Expanding Polyurethane Structural Foam. Contractor represents that expanding polyurethane structural foam will fill voids, but will not necessarily lift Customer’s slab to meet any criteria of levelness. Contractor recommends sealing all cracks and joints, and Contractor can do so for an additional charge. Contractor warrants that the area where the slab of concrete was stabilized will not settle more than ¼ inch for a period of five (5) years from the date of installation. If it does, Contractor will provide the labor and materials to re-inject the area at no additional charge to Customer. This Warranty does not include patching or caulking between slabs. Customer is aware that the concrete may not be perfectly level or may not lift at all. Contractor guarantees stabilization, NOT LIFT. Any personal items in the work area are to be removed by the Customer prior to the arrival of the Contractor’s crew. This warranty is void if Customer does not maintain grade around slabs and seal joints between slabs.
Exclusions. THIS WARRANTY DOES NOT COVER, AND CONTRACTOR SPECIFICALLY DISCLAIMS LIABILITY FOR: (a) any product or system that is altered in any way;
(b) exterior waterproofing; (c) system damage caused by Customer’s negligence, misuse, abuse, or alteration; (d) damage, issues, and conditions incidental to installation, including dust and dirt; (e) changes to wood framing system; (f) damage to personal property of any type; (g) unmarked utility line breakage; (h) private utilities and lines (e.g., sprinkler, plumbing, discharge lines, etc.); (i) damage caused by unforeseen conditions such as mold, asbestos, or lead based paint; (j) removal and/or disposal of any hazardous materials; (k) failure or delay in performance or damage caused by acts of God (flood, fire, storm, earthquake, methane gas, etc.), acts of civil or military authority, or any other cause outside of Contractor’s control; (l) damage beyond Contractor’s control caused by dry rot, corrosion, termite infestation, and substandard construction; (m) damage done during a lifting operation; (n) basement water seepage, unless a full perimeter drainage system has been installed; (o) heave or any damage caused by it; and
(p) damage caused by lateral movements and forces of hillside creep, land sliding or slumping of fill soils of deep embankments. EXCEPT AS EXPRESSLY SET FORTH, ALL SERVICES, MATERIALS, PARTS AND COMPONENTS PROVIDED BY CONTRACTOR ARE PROVIDED “AS IS” WITHOUT WARRANTY OF ANY KIND, AND CONTRACTOR EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE.

NOTICE OF CANCELLATION

Transaction Date:	_

You may CANCEL this transaction, without any penalty or obligation, within THREE BUSINESS DAYS from the above date.

If you cancel, any property traded in, any payments made by you under the Contract or sale, and any negotiable instrument executed by you will be returned within 10 BUSINESS DAYS following receipt by Contractor of your cancellation notice, and any security interest arising out of the transaction will be canceled.

If you cancel, you must make available to Contractor at your residence, in substantially as good condition as when received, any goods delivered to you under this Contract or sale; or you may, if you wish, comply with the instructions of Contractor regarding the return shipment of the goods at Contractor's expense and risk.

If you do make the goods available to Contractor and Contractor does not pick them up within 20 days of the date of your notice of cancellation, you may retain or dispose of the goods without any further obligation. If you fail to make the goods available to Contractor, or if you agree to return the goods to Contractor and fail to do so, then you remain liable for performance of all obligations under the Contract.

To cancel this transaction, mail or deliver a signed and dated copy of this cancellation notice or any other written notice, or send a telegram, to: Alpha Foundation Specialists, LLC at 66 Industrial Park Rd., Monticello, FL 32344
NOT LATER THAN MIDNIGHT OF X.	 (Date).

I HEREBY CANCEL THIS TRANSACTION.

(Date) 	

(Customer's signature) 	_

Ifafter three business days the transaction has not been canceled, then the deposit will be non-refundable.

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DRAWINGS

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PAYMENT TERMS
We propose hereby to complete the services indicated in this Contract for the sum of:

Contract Amount	$5,645.00	
Deposit	$1,411.25	
Due Upon Completion	$4,233.75	

Is the project financed?  YES 	 NO 	 (Financing must be set up at the time of the signed contract.)

Approval/Account#	

X.	(initial) - Customer must be present on final day of install and final walk-through is to be performed with the job foreman.

X.	(initial) - Balance to be paid in full to foreman on last day of install. (Unless financed)
BUYER'S RIGHT TO CANCEL. This is a home solicitation sale, and if Customer does not want the goods or services, Customer may cancel the Contract by providing written notice to Contractor in person, by telegram, or by mail. This notice must indicate that Customer does not want the goods or services and must be delivered or postmarked before midnight of the third business day after Customer signs the Contract. The notice must be mailed or delivered to: Alpha Foundation Specialists, LLC at 66 Industrial Park Rd., Monticello, FL 32344. If Customer cancels the Contract, Contractor may not keep all or part of any cash down payment. If Customer does not cancel the transaction during the cancellation period listed in this paragraph of the Contract, the deposit will be non-refundable. See the attached Notice of Cancellation form for further explanation of this cancellation right.
Customer	Contractor
x		x	

x	

Date

5/30/2023

Date

5/30/2023

A Qroun4works'Company

Tab 10

ATTACHMENT A

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT POLICY REGARDING ENCROACHMENTS ON DISTRICT-OWNED PROPERTY COMMON AREAS, OPEN AREAS, CONSERVATION AREAS, STORMWATER RETENTION AREAS AND BOARDWALKS

In accordance with Chapter 190, Florida Statutes, and following a duly noticed public hearing and meeting, the Board of Supervisors of the NatureWalk Community Development District (“District”) adopted the following updated and revised policy related to encroachments on District-owned property. The District previously adopted substantial portions of this policy through Resolutions 2021-10 and 2022-12. This policy repeals and supersedes all prior rules and/or policies governing the same subject matter.

Section 1. Introduction. The NatureWalk Community Development District (“District”) owns certain Common Areas, Open Areas, Conservation Areas, Stormwater Retention Areas and Boardwalks (“Property”) within the District. The unauthorized construction of private improvements, including patios, fences, pools, pool decks and walls, and the unauthorized installation of landscaping improvements on District Property is prohibited. Additionally, the unauthorized use or modification of District Property to gain access to or construct such private improvements or install landscaping improvements is also prohibited. Such activities cause damage to District Property and impair the District’s ability to access and maintain such Property.

Section 2. Homeowner’s Association Architectural Committee Review. If a
homeowner seeks approval from the Homeowner’s Association (“HOA) Architectural Review Committee (“ARC”) to construct, install or modify an improvement (“Project”) on a lot adjacent to District Property, a copy of the request must also be provided to the District Manager. No portion of a Project may encroach on District Property. A District Supervisor shall accompany the HOA ARC when inspecting the completed Project to ensure that no portion of the Project encroaches on District Property. A homeowner will be required to remove any encroachment on District Property at their own expense. District may remove the encroachment at homeowner’s expense if homeowner fails to remove the encroachment in a timely manner.

Section 3. Access to District Property. If a Project requires entry onto CDD property, a homeowner must obtain authorization from the District to enter District property for this purpose. Such authorization must be obtained in advance and in the form of a License Agreement.

Section 4. Policy on Unapproved PreeExisting Encroachments. The District is
aware that there may be encroachments on District Property that were constructed or installed prior to the Effective Date of this Policy, or that may have been wrongly approved by other entities or individuals. Such encroachments are prohibited absent written authorization from the District. The District shall evaluate such encroachments on a case-by-case basis in accordance with the Existing Improvement Encroachment Policy attached hereto as Exhibit A. Preexisting encroachments are prohibited absent express approval in accordance with the District’s Existing Improvement Encroachment Policy attached heretoand where appropriate, as determined by the

District in its sole discretion, the District may authorize the ongoing presence of the encroachment in the form or an easement, license agreement or other written authorization.

Section 5. Requests for Approval of Encroachments on District Property.
Homeowners or property owners that desire to construct and maintain improvements of District- owned property and rights-of-ways may seek approval from the District for such encroachments in accordance with the Improvement Encroachment Policy attached hereto as Exhibit B.

Section 6. Pool Installation. If a homeowner wishes to install a pool on a lot adjacent to a Stormwater Retention Area, homeowner shall reimburse District for any necessary inspections of the stormwater retention walls prior to construction of the pool. Such construction must take into consideration, account for, and not damage any retention walls or other District improvements. Homeowner shall be responsible for any damage to any stormwater retention wall or other District improvement caused by or resulting from the installation or presence of the pool.

Effective Date: 	   , 20212023

EXHIBIT A

Naturewalk Community Development District
Existing Improvement Encroachment Policy

NatureWalk Community Development District’s (“District”) Board of Supervisors adopted a policy establishing a process and requirements related to the District’s consideration and approval of the installation of certain improvements by third parties on District-owned property (the “Improvement Encroachment Policy”). The District is aware that various improvements have been constructed by private property owners encroaching on District-owned property (e.g., pavers, fences, landscaping, etc.) prior to the effective date of the Improvement Encroachment Policy or without any prior approval of a prior District’s Board of Supervisors or any license, easement, or
other grant of authority to utilize District owner-property (“Preexisting Encroachments”). The

District’s Board of Supervisors hereby adopts this Existing Improvement Encroachment Policy to address such Preexisting Improvements.
Preexisting Encroachments are prohibited absent express approval in accordance with the District’s existing Improvement Encroachment Policy.
Any action or inaction by the District with respect to any Preexisting Encroachment on District-owned property shall not constitute a waiver or consent to such Preexisting Encroachment.
In consideration of conservation of District resources, any identified Preexisting

Encroachment will initially be evaluated by the District’s Board of Supervisors, or the District Manager if delegated such authority, to identify if such Preexisting Encroachment necessitates immediate consideration and action by the District.  The District shall

prioritize Preexisting Encroachments that interfere or have the potential to interfere with the District’s use of its property or improvements or that otherwise cause, or have the potential to cause, burdens on the District’s maintenance of District infrastructure, property, or landscaping, or endanger public safety or property.  The District’s
determination	of	whether	a	Preexisting	Encroachment	necessitates	immediate consideration and action shall be made in the District’s sole discretion.
Preexisting Encroachments identified for consideration and action shall be addressed as follows:
The District Manager shall provide mailed notice (“Notice”) to the subject property owner of the Preexisting Encroachment;
The District Manager (or Board designee) shall reasonably seek to work with the subject property owner to allow the property owner to seek approval of the Preexisting Encroachment (as it exists, or with some modification) under the
District’s Improvement Encroachment Policy;

The District Manager shall subsequently present such Preexisting Encroachment for consideration by the District’s Board of Supervisors at a noticed meeting of the Board occurring no less than 45 days following Notice to the subject property
owner;

At such meeting, the District’s Board may request additional information concerning such Preexisting Encroachment if necessary to evaluate approval under the District’s Improvement Encroachment Policy; approve such Preexisting Encroachment pursuant to the Improvement Encroachment Policy; or deny

approval of such Preexisting Encroachment under the Improvement Encroachment Policy.
In the event a Preexisting Encroachment is denied approval by the Board under the Improvement Encroachment Policy, the District Manager shall provide a mailed
notice of such decision advising that such encroachment must be removed within 45 days at the property owner’s expense and in coordination with the District Manager’s office. Such period may be extended in writing by the District Manager for not to exceed an additional 60 days if in the District Manager’s opinion there is reasonable progress towards removal of the encroachment and more time is reasonably necessary. Any further extension must be approved by the District’s Board.
If a Preexisting Encroachment is not timely removed in accordance with 3.e., the District may in its discretion take unilateral action to remove such encroachment, seek compensation for expenses incurred, and otherwise pursue any available remedy as regards its rights and the subject Preexisting Encroachment.
The District reserves its rights and authority to revise, amend, or replace this policy as it may be determine to be necessary in its discretion.

EXHIBIT B
Naturewalk Community Development District
Improvement Encroachment Policy

The NatureWalk Community Development District (the “District”) has adopted the following policy for property owners desiring to construct and maintain improvements on District- owned property or rights-of-ways (the “Improvement Encroachment Policy”).
Any property owner desiring to install improvements (for example, a driveway apron with a right-of-way, pavers, etc.) on any District-owned property or rights-of-way must first submit their request to their applicable homeowners’ association within the NatureWalk development. The property owner may not construct the improvements until they have received written authorization from both their applicable homeowners’ association and the District.
In the request to the District, the property owner must submit: (a) an Improvement Encroachment Agreement that has been signed and notarized by the property owner (the “Agreement,” attached hereto in substantial form); (b) a check payable to the NatureWalk Community Development District in the amount of $95.00 for the county recording costs; and (c) a detailed description and sketch of the proposed improvements.
The District’s Board of Supervisors, or the District Manager if delegated such authority,

shall approve the request on behalf of the District if the proposed improvements: (a) are authorized by the applicable homeowners’ association; (b) are in compliance with all governmental regulations and permits (including the Americans with Disabilities Act); (c) do not interfere with the District’s use of its property or improvements as determined in

the District’s sole discretion; and (d) do not cause an undue burden to the District for maintenance of District infrastructure as determined in the District’s sole discretion.
Following provision of the forgoing information and materials and receipt of written authorization from the applicable homeowners’ association and the District, the property owner may construct the improvements.
The forgoing provisions and attached Improvement Encroachment Agreement do not apply to landscaping (trees, shrubs, etc.) that a property owner may desire to install strictly on District-owned property. However, District approval is required to authorize the location and details of any such landscape installation, which approval shall be granted in the District’s sole discretion. The property owner shall be fully responsible for the installation of the landscaping and ensuring that such installation does not damage any property or improvements of the District, or any third party’s property, and, in the event of any such damage, property owner shall immediately repair the damage or compensate the District for such repairs, at the District’s option. The property owner shall also be solely responsible for obtaining any local, state, or federal approvals (e.g., Walton County, Florida Department of Environmental Protection, Northwest Florida Water Management District, etc.) necessary for installation of landscaping, including as may be required within conservation areas, protected wetlands, or other regulated or protected areas. To the extent the District’s involvement is required for any approval, the District will reasonably
cooperate with the property owner in seeking to obtain such approval, but the property owner shall be responsible for any associated costs to the District. Installation of any approved landscape installation must be completed within 90 days of approval and the property owner must provide the District’s manager with written notice and photographs

of the landscaping upon their completion. Landscaping that dies within one year of installation will be removed at property owner’s expense. Unless otherwise agreed in writing, once approved landscaping is installed, it shall be considered the property of the District and may be maintained, removed, or otherwise managed as deemed appropriate in
the District’s sole discretion. No property owner shall seek to direct, instruct, or control how the District maintains landscaping installed by the property owner. Property owner’s agreement to the forgoing shall be evidenced by property owner’s execution of a copy of
this policy.

Prepared by/Return to:

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT IMPROVEMENT ENCROACHMENT AGREEMENT

This Improvement Encroachment Agreement (the "Agreement"), is made and entered into this
  day of 	, 20  , by and between NatureWalk Community Development District, a special purpose local government established pursuant to Chapter 190, Florida Statutes, whose mailing address is 3434 Colwell Ave., Suite 200, Tampa, FL 33614, (the "District"), and
	                                           ,	whose	address	
is			,	together	
with their successors and assigns (the "Property Owner").		
WITNESSETH:		

WHEREAS, the District is the owner of property or public right-of-way located adjacent to Property Owner’s property at 	

	(the “Lot”). A legal description of the Property Owner’s Lot is attached as
Exhibit “A”; and

WHEREAS, the Property Owner has requested permission from the District to install the following improvements adjacent to their Lot on District-owned property or right-of-way (the “License Area”) in the following manner: 	

	(the “Improvements”); and

WHEREAS, the District wishes to allow the Property Owner to construct the Improvements, provided the Property Owner agrees to the terms and conditions contained in this Agreement; and

WHEREAS, the Property Owner agrees that they shall, at their sole cost and expense, comply with all of the terms and conditions provided for in this Agreement.

NOW, THEREFORE, the District, for and in consideration of mutual covenants and conditions contained herein, does hereby, pursuant to the terms and conditions of this Agreement, grant to the Property Owner a nonexclusive license for the sole purpose of installing and maintaining the Improvements, subject to the following terms and conditions.

ARTICLE 1. INCORPORATION OF RECITALS. The Recitals set forth are true, correct and are incorporated herein by reference.

ARTICLE 2. LICENSE. Subject to the terms of this Agreement, the District hereby grants to the Property Owner a non-exclusive, revocable license for the sole purpose of accessing, operating and maintaining the Improvements within the License Area. Property Owner acknowledges that this Agreement authorizes only access, operation, and maintenance of the Improvements within the License Area and does not authorize any other encroachment. No legal title, easement, or other possessory interest in the License Area shall be deemed to be construed or created or vested in the Property Owner by any provision of this Agreement.

ARTICLE 3. TERM. This Agreement shall become effective upon the execution by both parties and may be recorded in the public records of Walton County, Florida. This Agreement, and the License granted herein, shall automatically terminate if installation of the Improvements is not completed within 90 days of the date written above. The District in its sole discretion may extend such period in writing, which authority may be exercised by the District’s manager. Notwithstanding anything else provided herein, the District, in its sole discretion, shall have the right to revoke the License and/or terminate this Agreement without cause at any time.

ARTICLE 4. PROPERTY OWNER’S RESPONSIBILITIES. Property Owner shall have the following responsibilities as a condition of the District’s authorization of Property Owner’s License rights granted herein for the installation, operation and maintenance of the Improvements in the License Area. Specifically, Property Owner shall:

provide the District with written notice and photographs of the Improvements upon their completion, which notice shall be directed to the District’s manager.

be fully responsible for the installation, access, operation and maintenance of the Improvements, including the continued operation, maintenance and repair of the Improvements, in good and working condition;

obtain any and all applicable permits and approvals relating to the Improvements including, but not limited to, any approvals by the Property Owner’s property or homeowners’ association pursuant to any applicable declaration of covenants, conditions and restrictions, as well as any other necessary legal interests and approvals. The District does not represent that the District has authority to provide all necessary approvals for the installation of the Improvements;

ensure that the installation, operation and maintenance of the Improvements are conducted in compliance with all applicable laws, including but not limited to, building codes, set- back requirements and other applicable laws, rules, ordinances and codes;

ensure that the installation, operation and maintenance of the Improvements does not damage any property or improvements of the District, or any third party’s property, and, in the event of any such damage, Property Owner shall immediately repair the damage or compensate the District for such repairs to District property, at the District’s option;

ensure that Property Owner’s exercise of the privilege granted hereunder does not interfere with the District’s rights to maintain its property and improvements and/or negatively impact the District’s property or improvements, as determined in the District’s sole discretion.

ensure that the District has free access to and from the its property and improvements, including allowing access over, across, under, or through the Improvements as necessary for the District to operate, maintain, and repair its property and improvements, as needed;

keep the License Area free from any materialmen’s or mechanic’s liens and claims or notices with respect to such liens and claims, which arise by reason of the Property Owner’s exercise of rights under this Agreement, and Property Owner shall immediately discharge any such claim or lien;

ensure the Improvements shall not endanger or interfere with persons traveling upon any public streets or sidewalks within the District. In the event that there is any damage or injuries as a result of the Improvements, the Property Owner agrees to promptly pay the District for any costs incurred because of those damages and/or injuries;

ensure that the Improvements shall not in any way conflict with any law, statute, ordinance, or governmental rule or regulations.

not modify or alter any control structures, drainage pipes, drainage facilities, or other improvements of the District without the prior written approval of the District;

at Property Owner’s sole cost and expense, shall keep the Improvements in good repair and in a neat, orderly, and safe condition;

repair and maintain the Improvements, when necessary or desirable, as determined solely at the discretion of the District. The Property Owner shall be solely responsible for the costs of any repair or maintenance of the Improvements; and

in the event the District must maintain, repair and/or replace any utility and/or drainage facilities or construct new utility and/or drainage facilities or any other improvements, the Property Owner acknowledges and agrees that the Property Owner shall be solely responsible for the replacement or repair of any Improvements damaged or affected thereby. The Property Owner acknowledges and agrees that the District is not responsible for restoring the Improvements to the condition that existed before the District conducted the foregoing activities.

ARTICLE 5. REMOVAL AND/OR REPLACEMENT OF IMPROVEMENTS. The privilege
and permission granted herein is given to Property Owner as an accommodation and is revocable at any time. Property Owner acknowledges the legal interest of the District in the Property and agrees never to deny such interest or to interfere in any way with the District’s use of the same. Property Owner shall exercise the privilege granted herein at Property Owner’s risk, and agrees that Property Owner shall never claim any damages against the District for any injuries or damages

suffered on account of the exercise of such privilege, regardless of the fault or negligence of the District. Property Owner further acknowledges that, with adequate written notice, the District may remove all, or any portion of the Improvements, at Property Owner’s expense, in order to repair or maintain any District-owned or -maintained facilities or improvements, and that the District is not obligated to re-install the Improvements to their original location and specification and is not responsible for any loss or damage to the Improvements, or its supporting structure as a result of such removal.

ARTICLE 6. INDEMNIFICATION. Property Owner hereby agrees to defend, indemnify, and hold harmless the District and its officers, agents, employees, successors, assigns, members, affiliates, or representatives from any and all liability, claims, actions, suits, liens, demands, costs, interest, expenses, damages, penalties, fines, judgments against the District, or loss or damage, whether monetary or otherwise, arising out of, wholly or in part by, or in connection with this Agreement, including litigation, mediation, arbitration, appellate, or settlement proceedings with respect thereto. Additionally, nothing in this Agreement requires Property Owner to indemnify the District for the District’s percentage of fault if the District is adjudged to be more than 50% at fault for any claims against the District and Property Owner as jointly liable parties; however, Property Owner shall indemnify the District for any and all percentage of fault attributable to Property Owner for claims against the District, regardless of whether the District is adjudged to be more or less than 50% at fault. Property Owner further agrees that nothing herein shall constitute or be construed as a waiver of the District's limitations on liability contained in section 768.28, Florida Statutes, or other statute.

Obligations under this Section shall include the payment of all settlements, judgments, damages, liquidated damages, penalties, forfeitures, back pay awards, court costs, arbitration and/or mediation costs, litigation expenses, attorneys’ fees, paralegal fees (incurred in court, out of court, on appeal, or in bankruptcy proceedings), any interest, expenses, damages, penalties, fines, or judgments against the District, all as actually incurred.

ARTICLE 7. INSURANCE. The Property Owner shall insure that during the construction and maintenance of the Improvements, all contractors and/or subcontractors, at their sole cost and expense, shall obtain and keep in full force and effect, a comprehensive, general liability insurance policy insuring against claims for personal injury, death or property damage occurring upon, in or about the License Area. The coverage and limits shall not be less than One Million Dollars ($1,000,000.00), Each Occurrence, General Liability. The Property Owner shall ensure that the District is named as an additional insured within the policy prior to the commencement of any work. The Property Owner shall insure that the policy provides for at least thirty (30) days written notice from the Insurer to the District prior to termination or cancellation of the insurance policy provided for herein.

ARTICLE 8. RISK OF USE/PROPERTY OWNER RESPONSIBILITY. The Property Owner
agrees and acknowledges that the Improvements shall be used at the sole risk and expense of the Property Owner, and that the District is expressly relieved of any responsibility for any damage or loss to the Property Owner or any other party resulting from such use.

ARTICLE 9. AMENDMENT. This Agreement may only be amended in writing by both parties.

ARTICLE 10. LICENSE AGREEMENT TO RUN WITH THE LAND.  Upon execution, this
Agreement shall be recorded in the Official Records in and for Walton County, Florida. This Agreement shall be and constitute covenants running with title to the Lot and shall be binding upon the Lot and Licensee’s heirs, successor, transferees, legal representatives, and/or assigns.

ARTICLE 11. ENTIRE AGREEMENT. This Agreement represents the entire Agreement between the parties hereto, with respect to the subject matter contained herein, and supersedes all prior negotiations, understandings, representations or agreements, either written or oral.

ARTICLE 12. DISTRICT RESERVATION OF RIGHTS.

Nothing contained herein shall constitute a waiver by the District of its right to use the License Area.

The rights granted to Property Owner herein regarding the use of the License Area shall not conflict or interfere with the District’s right to maintain, repair and/or replace any roadway utility, drainage facilities, or other District-owner or -maintained improvements within the License Area or the Lot.

ARTICLE 13. NOTICE. All notes, communications and consents required or permitted by this Agreement shall be in writing and transmitted by registered or certified mail, return receipt requested, with Notice deemed to be given upon receipt, and sent to their addresses shown above.

ARTICLE 14. SEVERABILITY. If any one or more of the provisions of this Agreement should be held contrary to law or public policy, or should for any reason whatsoever be held invalid or unenforceable by a court of competent jurisdiction, then such provision or provisions shall be null and void and shall be deemed separate from the remaining provisions of this Agreement, which remaining provisions shall continue in full force and effect if the rights and obligations of the parties contained herein are not materially prejudiced and the intentions of the parties continue to be in existence.

ARTICLE 15. EVENTS OF DEFAULT. The Property Owner shall be in default under this Agreement if they default in the performance of or compliance with any of their respective obligations pursuant to the terms or provisions of this Agreement.

ARTICLE 16. EFFECT OF DEFAULT BY PROPERTY OWNER. If at any time an event of default shall occur and shall continue for a period of thirty (30) days after the District gives written notice of the event of default to the Property Owner, the District may terminate this Agreement and require the Property Owner to restore the License Area to its original condition prior to installation of the Improvements, at the Property Owner's sole cost and expense. If the Property Owner fails to restore the License Area to its original condition within the foregoing time period, the District may, but is not obligated, to restore the License Area to its original condition, and the Property Owner shall reimburse the District for the restoration costs.

ARTICLE 17. ENFORCEABILITY OF AGREEMENT. In the event that either the District or the Property Owner is required to enforce this Agreement by court proceedings or otherwise, then the prevailing party shall be entitled to recover all fees and costs incurred, including reasonable

attorneys' fees and costs for trial, alternative dispute resolution, or appellate proceedings. This Agreement shall be governed by Florida law with venue in Walton County, Florida.

ARTICLE 18. SOVEREIGN IMMUNITY. Nothing in this Agreement shall be deemed as a waiver of immunity or limits of liability of the District beyond any statutory limited waiver of immunity or limits of liability which may have been adopted by the Florida Legislature in section 768.28, Florida Statutes, or other statute, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which would otherwise be barred under the doctrine of sovereign immunity or by operation of law.

ARTICLE 19. COUNTERPARTS. This Agreement may be executed in any number of counterparts, each of which when executed and delivered shall be an original; however, all such counterparts together shall constitute but one and the same instrument.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed this
	 day of 	, 20	.

WITNESSES:

Printed Name:	

PROPERTY OWNER

By:	  Printed Name:	

Printed Name:	

By:	  Printed Name:	

STATE OF FLORIDA
COUNTY OF 	

The	foregoing	instrument	was	acknowledged	before	me	this			day	of
	, 20	, by 	 and 		, who are both personally known to me or has produced 		 as identification.

Notary Public

Printed/Typed Name of Notary

Commission No. 	 Commission Expires 	 

WITNESSES:	NATUREWALK COMMUNITY DEVELOPMENT DISTRICT

Printed Name:	

Printed Name:	

By:	
Name:	 District Manager

STATE OF FLORIDA
COUNTY OF 	

The  foregoing  instrument  was  acknowledged  before  me  this       day  of
	, 20 , by 		, as District Manager of the NatureWalk Community Development District. He/She is personally known to me or has produced 		 as identification.

Notary Public

Printed/Typed Name of Notary

Commission No. 	 Commission Expires 	 

Tab 11

REBATE REPORT
NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Capital Improvement Revenue Bonds, Series 2007A
$11,705,000 Capital Improvement Revenue Bonds, Series 2007B

Dated: March 1, 2007
Delivered: March 12, 2007

Rebate Report to the Computation Date February 28, 2027
Reflecting Activity To March 31, 2023

TABLE OF CONTENTS

AMTEC Opinion	3
Summary of Rebate Computations	4
Summary of Computational Information and Definitions	5
Methodology	7
Sources and Uses	8
Proof of Arbitrage Yield	9
2007A Bond Debt Service	11
2007B Bond Debt Service	13
Arbitrage Rebate Calculation Detail Report – Acquisition and Construction Fund	14
Arbitrage Rebate Calculation Detail Report – 2007A Capitalized Interest Fund	26
Arbitrage Rebate Calculation Detail Report – 2007B Capitalized Interest Fund	27
Arbitrage Rebate Calculation Detail Report – Cost of Issuance Fund	28
Arbitrage Rebate Calculation Detail Report – 2007A Reserve Fund	29
Arbitrage Rebate Calculation Detail Report – 2007B Reserve Fund	34
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	39

April 19, 2023

NatureWalk Community Development District c/o Ms. Kayla Connell
Manager, District Financial Services Rizzetta & Company, Inc.
12750 Citrus Park Lane, Suite 115
Tampa, FL 33625

Re:	NatureWalk Community Development District, (Walton County, Florida), $8,295,000 Capital Improvement Revenue Bonds, Series 2007A & $11,705,000 Capital Improvement Revenue Bonds, Series 2007B

Dear Ms. Connell:

AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the NatureWalk Community Development District (the “District”).

The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the “Code”), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of February 28, 2024. Thank you for this engagement and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo Senior Vice President

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the February 28, 2027 Computation Date
Reflecting Activity from March 12, 2007 through March 31, 2023

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition and Construction Fund	0.762566%	197,972.29	(2,570,010.76)	
2007A Capitalized Interest Fund	4.046287%	30,324.79	(28,652.70)	
2007B Capitalized Interest Fund	4.027653%	41,905.42	(40,304.56)	
Cost of Issuance Fund	4.967626%	1,560.28	(402.86)	
2007A Reserve Fund	1.116793%	43,735.30	(362,353.90)	
2007B Reserve Fund	1.405149%	39,789.20	(271,772.53)	
Totals	1.038620%	$355,287.28	$(3,273,497.31)	
Bond Yield	5.424264%		
Rebate Computation Credits	(49,434.73)	
Net Rebatable Arbitrage	$(3,322,932.04)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For the purpose of computing Rebatable Arbitrage, investment activity is reflected from March 12, 2007, the date of the closing, through March 31, 2023. The activity reflected from March 12, 2007 through February 28, 2013 was taken from the Integrity Public Finance Consulting LLC dated June 24, 2013. All nonpurpose payments and receipts are future valued to the Computation Date of February 28, 2027.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.

Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.

During the period between March 12, 2007 and March 31, 2023, the District made periodic payments into the Interest, Prepayment, Sinking and Redemption Funds, that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f) (4) (A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year. We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

We have reviewed the Interest, Prepayment, Sinking and Redemption Funds and have determined that the funds deposited have not functioned as a bona fide debt service fund; however, it is assumed the earnings on the fund do not exceed the bond yield and therefore, are not taken into account in determining the Arbitrage Liability.

DEFINITIONS

Computation Date
February 28, 2027.

Computation Period
The period beginning on March 12, 2007, the date of the closing, through March 31, 2023.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business February 28th, the day in the calendar year that was selected by the Issuer, or the final redemption date of the Bonds.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price to the public at which price a substantial amount of the Bonds were sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from records provided by the District and US Bank, Trustee, as follows:

Fund	Account Number	
Acquisition and Construction	111571000	
Debt Service	111571002	
Revenue	111571003	
2007A Interest	111571005	
2007A Prepayment	111571006	
2007A Reserve	111571007	
2007A Sinking	111571008	
2007B Principal	111571010	
2007B Interest	111571011	
2007B Prepayment	111571013	
2007B Reserve	111571014	
Redemption	111571015	

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of March 31, 2023, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to February 28, 2027. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on February 28, 2027, is the Rebatable Arbitrage.

NatureWalk Community Development District (Walton County, Florida)
$8,295,000 Capital Improvement Revenue Bonds, Series 2007A
$11,705,000 Capital Improvement Revenue Bonds, Series 2007B Delivered: March 12, 2007

Sources of Funds

Par Amount – 2007A	$8,295,000.00	
Par Amount – 2007B	11,705,000	
Original Issue Discount	-29,262.50	
Accrued Interest	32,895.81	
Total	$20,003,633.31	

Uses of Funds

Acquisition and Construction Fund	$16,589,569.81	
2007A Capitalized Interest Fund	694,354.17	
2007B Capitalized Interest Fund	953,611.02	
Costs of Issuance Fund	146,000.00	
2007A Reserve Fund	566,837.50	
2007B Reserve Fund	620,365.00	
Underwriter’s Discount	400,000.00	
Interest Account	32,895.81	
Total	$20,003,633.31	

Prepared by AMTEC	(Finance 7.012)

PROOF OF ARBITRAGE YIELD

NatureWalk Community Development District (Walton County, Florida)
$8,295,000 Capital Improvement Revenue Bonds, Series 2007A
$11,705,000 Capital Improvement Revenue Bonds, Series 2007B

	Present Value	
	to 03/12/2007	
	Date	Debt Service	Total	@ 5.4242635233%		
	05/01/2007	179,431.67	179,431.67	178,129.32		
	11/01/2007	538,295.00	538,295.00	520,277.33		
	05/01/2008	538,295.00	538,295.00	506,539.32		
	11/01/2008	538,295.00	538,295.00	493,164.06		
	05/01/2009	648,295.00	648,295.00	578,258.47		
	11/01/2009	535,270.00	535,270.00	464,836.79		
	05/01/2010	650,270.00	650,270.00	549,793.45		
	11/01/2010	532,107.50	532,107.50	438,009.45		
	05/01/2011	657,107.50	657,107.50	526,621.74		
	11/01/2011	528,670.00	528,670.00	412,501.26		
	05/01/2012	658,670.00	658,670.00	500,364.81		
	11/01/2012	525,095.00	525,095.00	388,360.47		
	05/01/2013	665,095.00	665,095.00	478,915.70		
	11/01/2013	521,245.00	521,245.00	365,422.72		
	05/01/2014	666,245.00	666,245.00	454,742.83		
	11/01/2014	517,257.50	517,257.50	343,729.62		
	05/01/2015	672,257.50	672,257.50	434,934.71		
	11/01/2015	512,995.00	512,995.00	323,131.88		
	05/01/2016	12,382,995.00	12,382,995.00	7,594,000.60		
	11/01/2016	198,275.00	198,275.00	118,383.49		
	05/01/2017	373,275.00	373,275.00	216,985.32		
	11/01/2017	193,462.50	193,462.50	109,490.51		
	05/01/2018	378,462.50	378,462.50	208,535.89		
	11/01/2018	188,375.00	188,375.00	101,055.39		
	05/01/2019	383,375.00	383,375.00	200,234.20		
	11/01/2019	183,012.50	183,012.50	93,062.24		
	05/01/2020	388,012.50	388,012.50	192,095.28		
	11/01/2020	177,375.00	177,375.00	85,495.18		
	05/01/2021	392,375.00	392,375.00	184,131.81		
	11/01/2021	171,462.50	171,462.50	78,338.44		
	05/01/2022	401,462.50	401,462.50	178,578.43		
	11/01/2022	165,137.50	165,137.50	71,516.78		
	05/01/2023	405,137.50	405,137.50	170,821.67		
	11/01/2023	158,537.50	158,537.50	65,080.49		
	05/01/2024	413,537.50	413,537.50	165,276.82		
	11/01/2024	151,525.00	151,525.00	58,960.29		
	05/01/2025	421,525.00	421,525.00	159,689.70		
	11/01/2025	144,100.00	144,100.00	53,149.09		
	05/01/2026	429,100.00	429,100.00	154,087.92		
	11/01/2026	136,262.50	136,262.50	47,639.22		
	05/01/2027	436,262.50	436,262.50	148,495.90		
	11/01/2027	128,012.50	128,012.50	42,422.59		
	05/01/2028	443,012.50	443,012.50	142,935.16		
	11/01/2028	119,350.00	119,350.00	37,490.72		
	05/01/2029	454,350.00	454,350.00	138,953.71		
	11/01/2029	110,137.50	110,137.50	32,793.90		
	05/01/2030	465,137.50	465,137.50	134,839.61		
	11/01/2030	100,375.00	100,375.00	28,329.57		
	05/01/2031	475,375.00	475,375.00	130,625.80		
	11/01/2031	90,062.50	90,062.50	24,094.33		
	05/01/2032	485,062.50	485,062.50	126,341.74		
	11/01/2032	79,200.00	79,200.00	20,084.11		
	05/01/2033	494,200.00	494,200.00	122,013.65		

Prepared by AMTEC	(Finance 7.012)

PROOF OF ARBITRAGE YIELD

NatureWalk Community Development District (Walton County, Florida)
$8,295,000 Capital Improvement Revenue Bonds, Series 2007A
$11,705,000 Capital Improvement Revenue Bonds, Series 2007B

Date	

Debt Service	

Total	Present Value to 03/12/2007
@ 5.4242635233%	
11/01/2033	67,787.50	67,787.50	16,294.22	
05/01/2034	507,787.50	507,787.50	118,834.95	
11/01/2034	55,687.50	55,687.50	12,688.15	
05/01/2035	520,687.50	520,687.50	115,503.69	
11/01/2035	42,900.00	42,900.00	9,265.19	
05/01/2036	532,900.00	532,900.00	112,052.34	
11/01/2036	29,425.00	29,425.00	6,023.79	
05/01/2037	549,425.00	549,425.00	109,506.56	
11/01/2037	15,125.00	15,125.00	2,934.98	
05/01/2038	565,125.00	565,125.00	106,765.95	
	35,089,066.67	35,089,066.67	20,003,633.31	

Proceeds Summary		

Delivery date	
03/12/2007	
Par Value	20,000,000.00	
Accrued interest	32,895.81	
Premium (Discount)	-29,262.50	
Target for yield calculation	20,003,633.31	

Prepared by AMTEC	(Finance 7.012)

BOND DEBT SERVICE

NatureWalk Community Development District (Walton County, Florida)
$8,295,000 Capital Improvement Revenue Bonds, Series 2007A

Period	Annual
Ending	Principal	Coupon	Interest	Debt Service	Debt Service

05/01/2007			76,037.50	76,037.50	76,037.50	
11/01/2007			228,112.50	228,112.50		
05/01/2008			228,112.50	228,112.50	456,225.00	
11/01/2008			228,112.50	228,112.50		
05/01/2009	110,000	5.500%	228,112.50	338,112.50	566,225.00	
11/01/2009			225,087.50	225,087.50		
05/01/2010	115,000	5.500%	225,087.50	340,087.50	565,175.00	
11/01/2010			221,925.00	221,925.00		
05/01/2011	125,000	5.500%	221,925.00	346,925.00	568,850.00	
11/01/2011			218,487.50	218,487.50		
05/01/2012	130,000	5.500%	218,487.50	348,487.50	566,975.00	
11/01/2012			214,912.50	214,912.50		
05/01/2013	140,000	5.500%	214,912.50	354,912.50	569,825.00	
11/01/2013			211,062.50	211,062.50		
05/01/2014	145,000	5.500%	211,062.50	356,062.50	567,125.00	
11/01/2014			207,075.00	207,075.00		
05/01/2015	155,000	5.500%	207,075.00	362,075.00	569,150.00	
11/01/2015			202,812.50	202,812.50		
05/01/2016	165,000	5.500%	202,812.50	367,812.50	570,625.00	
11/01/2016			198,275.00	198,275.00		
05/01/2017	175,000	5.500%	198,275.00	373,275.00	571,550.00	
11/01/2017			193,462.50	193,462.50		
05/01/2018	185,000	5.500%	193,462.50	378,462.50	571,925.00	
11/01/2018			188,375.00	188,375.00		
05/01/2019	195,000	5.500%	188,375.00	383,375.00	571,750.00	
11/01/2019			183,012.50	183,012.50		
05/01/2020	205,000	5.500%	183,012.50	388,012.50	571,025.00	
11/01/2020			177,375.00	177,375.00		
05/01/2021	215,000	5.500%	177,375.00	392,375.00	569,750.00	
11/01/2021			171,462.50	171,462.50		
05/01/2022	230,000	5.500%	171,462.50	401,462.50	572,925.00	
11/01/2022			165,137.50	165,137.50		
05/01/2023	240,000	5.500%	165,137.50	405,137.50	570,275.00	
11/01/2023			158,537.50	158,537.50		
05/01/2024	255,000	5.500%	158,537.50	413,537.50	572,075.00	
11/01/2024			151,525.00	151,525.00		
05/01/2025	270,000	5.500%	151,525.00	421,525.00	573,050.00	
11/01/2025			144,100.00	144,100.00		
05/01/2026	285,000	5.500%	144,100.00	429,100.00	573,200.00	
11/01/2026			136,262.50	136,262.50		
05/01/2027	300,000	5.500%	136,262.50	436,262.50	572,525.00	
11/01/2027			128,012.50	128,012.50		
05/01/2028	315,000	5.500%	128,012.50	443,012.50	571,025.00	
11/01/2028			119,350.00	119,350.00		
05/01/2029	335,000	5.500%	119,350.00	454,350.00	573,700.00	
11/01/2029			110,137.50	110,137.50		
05/01/2030	355,000	5.500%	110,137.50	465,137.50	575,275.00	
11/01/2030			100,375.00	100,375.00		
05/01/2031	375,000	5.500%	100,375.00	475,375.00	575,750.00	
11/01/2031			90,062.50	90,062.50		
05/01/2032	395,000	5.500%	90,062.50	485,062.50	575,125.00	
11/01/2032			79,200.00	79,200.00		
05/01/2033	415,000	5.500%	79,200.00	494,200.00	573,400.00	
11/01/2033			67,787.50	67,787.50		
05/01/2034	440,000	5.500%	67,787.50	507,787.50	575,575.00	

Prepared by AMTEC					(Finance 7.012)	

BOND DEBT SERVICE	
NatureWalk Community Development District (Walton County, Florida)
$8,295,000 Capital Improvement Revenue Bonds, Series 2007A	
Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
11/01/2034			55,687.50	55,687.50		
05/01/2035	465,000	5.500%	55,687.50	520,687.50	576,375.00	
11/01/2035			42,900.00	42,900.00		
05/01/2036	490,000	5.500%	42,900.00	532,900.00	575,800.00	
11/01/2036			29,425.00	29,425.00		
05/01/2037	520,000	5.500%	29,425.00	549,425.00	578,850.00	
11/01/2037			15,125.00	15,125.00		
05/01/2038	550,000	5.500%	15,125.00	565,125.00	580,250.00	
	8,295,000		9,402,387.50	17,697,387.50	17,697,387.50	

Prepared by AMTEC	(Finance 7.012)

BOND DEBT SERVICE

NatureWalk Community Development District (Walton County, Florida)
$11,705,000 Capital Improvement Revenue Bonds, Series 2007B

Period	Annual
Ending	Principal	Coupon	Interest	Debt Service	Debt Service

05/01/2007			103,394.17	103,394.17	103,394.17	
11/01/2007			310,182.50	310,182.50		
05/01/2008			310,182.50	310,182.50	620,365.00	
11/01/2008			310,182.50	310,182.50		
05/01/2009			310,182.50	310,182.50	620,365.00	
11/01/2009			310,182.50	310,182.50		
05/01/2010			310,182.50	310,182.50	620,365.00	
11/01/2010			310,182.50	310,182.50		
05/01/2011			310,182.50	310,182.50	620,365.00	
11/01/2011			310,182.50	310,182.50		
05/01/2012			310,182.50	310,182.50	620,365.00	
11/01/2012			310,182.50	310,182.50		
05/01/2013			310,182.50	310,182.50	620,365.00	
11/01/2013			310,182.50	310,182.50		
05/01/2014			310,182.50	310,182.50	620,365.00	
11/01/2014			310,182.50	310,182.50		
05/01/2015			310,182.50	310,182.50	620,365.00	
11/01/2015			310,182.50	310,182.50		
05/01/2016	11,705,000	5.300%	310,182.50	12,015,182.50	12,325,365.00	
	11,705,000		5,686,679.17	17,391,679.17	17,391,679.17	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

03/12/07	Beg	Bal	-16,589,569.81	-48,283,743.00	
03/14/07			13,305,760.19	38,714,741.76	
03/15/07			13,425.49	39,057.30	
04/17/07			909,366.29	2,632,963.71	
05/14/07			7,374.00	21,265.02	
06/07/07			3,510.64	10,089.37	
07/03/07			-1,881.52	-5,386.52	
07/06/07			472.50	1,352.09	
08/02/07			-765.28	-2,181.46	
09/05/07			-206.93	-586.97	
09/13/07			297.50	842.88	
10/02/07			-12.93	-36.53	
10/12/07			966.25	2,725.82	
11/01/07			10,292.53	28,953.60	
11/02/07			-10,305.25	-28,985.07	
12/03/07			9,589.07	26,846.69	
12/04/07			-9,600.88	-26,875.76	
01/02/08			8,316.09	23,182.54	
01/03/08			-8,326.29	-23,207.53	
01/29/08			-33,335.38	-92,555.88	
02/01/08			6,629.34	18,400.93	
02/04/08			-6,637.44	-18,415.20	
02/20/08			1,270.75	3,517.25	
03/03/08			4,931.99	13,624.66	
03/04/08			-4,937.92	-13,639.01	
03/06/08			-84.58	-233.55	
04/01/08			3,555.47	9,781.21	
04/02/08			-3,559.74	-9,791.50	
04/25/08			18,757.84	51,419.62	
05/01/08			4,064.73	11,132.44	
05/02/08			-4,069.61	-11,144.15	
05/23/08			10,564.06	28,838.26	
06/02/08			4,039.03	11,011.19	
06/03/08			-4,043.91	-11,022.85	
06/16/08			1,135.81	3,090.00	
06/27/08			5,926.25	16,096.18	
07/01/08			3,923.09	10,649.10	
07/02/08			-3,927.84	-10,660.41	
08/01/08			3,934.95	10,633.76	
08/04/08			-3,939.71	-10,641.88	
09/02/08			3,860.66	10,385.03	
09/03/08			-3,865.33	-10,396.05	
09/30/08			5,575.96	14,936.82	
10/01/08			2,725.29	7,299.39	
10/02/08			-2,728.58	-7,307.12	
10/09/08			1,071.57	2,866.67	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

11/03/08	570.89	1,521.81	
11/04/08	-571.58	-1,523.42	
12/01/08	451.00	1,197.23	
12/02/08	-34,052.05	-90,381.31	
01/02/09	634.63	1,676.95	
01/05/09	-932.28	-2,462.36	
01/14/09	1,686.22	4,447.72	
02/02/09	900.88	2,369.89	
02/03/09	-2,268.20	-5,965.93	
03/02/09	941.54	2,465.83	
03/03/09	-1,382.64	-3,620.50	
04/01/09	986.78	2,573.19	
04/02/09	-1,448.81	-3,777.45	
04/03/09	-1,601.49	-4,174.91	
04/07/09	1,601.49	4,172.43	
04/21/09	16,527.50	42,970.26	
05/01/09	833.72	2,164.39	
05/04/09	-1,224.57	-3,177.64	
05/06/09	220.04	570.81	
05/19/09	155.00	401.31	
06/01/09	422.27	1,091.36	
06/02/09	-621.11	-1,605.03	
07/01/09	139.38	358.63	
07/02/09	-205.00	-527.39	
08/03/09	67.83	173.70	
08/04/09	-99.76	-255.43	
08/05/09	16,527.50	42,310.99	
09/01/09	16.60	42.33	
09/02/09	-24.41	-62.24	
10/01/09	17.22	43.72	
10/02/09	-25.32	-64.27	
12/17/09	768.00	1,927.90	
03/01/10	136.50	338.91	
03/02/10	-200.78	-498.43	
04/01/10	1,992.09	4,923.99	
04/05/10	-311.23	-768.83	
05/03/10	204.64	503.42	
05/04/10	-301.06	-740.51	
05/10/10	41.00	100.76	
05/14/10	533.00	1,309.06	
06/01/10	211.46	518.04	
06/02/10	-260.71	-638.60	
07/01/10	204.65	499.13	
07/02/10	-248.70	-606.47	
08/02/10	211.49	513.44	
08/03/10	-255.09	-619.19	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)	
08/19/10	37,276.27	90,267.43	
09/01/10	210.18	508.06	
09/02/10	-253.33	-612.27	
10/01/10	201.64	485.25	
10/04/10	-243.01	-584.54	
11/01/10	208.38	499.24	
11/02/10	-251.11	-601.52	
11/19/10	4,450.00	10,632.80	
12/01/10	201.54	480.70	
12/02/10	-242.87	-579.19	
01/03/11	208.05	493.87	
01/04/11	-251.11	-596.00	
02/01/11	208.07	491.87	
02/02/11	-253.26	-598.61	
03/01/11	187.95	442.33	
03/02/11	-228.59	-537.89	
03/23/11	6,136.59	14,394.90	
04/01/11	207.96	487.24	
04/04/11	-252.92	-592.32	
05/02/11	100.46	234.29	
05/03/11	-123.50	-287.98	
06/01/11	103.81	241.06	
06/02/11	-121.67	-282.49	
06/27/11	400,000.00	925,278.57	
07/01/11	98.28	227.21	
07/05/11	-113.36	-261.91	
08/01/11	34.73	79.93	
08/02/11	-40.96	-94.26	
08/10/11	58,289.49	133,975.83	
09/01/11	34.03	77.97	
09/02/11	-40.26	-92.23	
09/19/11	63,550.00	145,222.44	
10/03/11	32.24	73.52	
10/04/11	-38.19	-87.08	
10/20/11	10,000.00	22,746.61	
11/01/11	47.85	108.66	
11/02/11	-56.19	-127.59	
12/01/11	47.17	106.64	
12/02/11	-55.42	-125.28	
01/03/12	48.75	109.69	
01/04/12	-57.27	-128.84	
01/25/12	7,793.97	17,480.01	
02/01/12	32.38	72.56	
02/02/12	-38.04	-85.23	
02/29/12	18,784.55	41,916.84	
03/01/12	30.19	67.35	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

03/02/12	-35.50	-79.18	
04/02/12	31.96	70.97	
04/03/12	-37.62	-83.52	
04/16/12	18,575.00	41,160.63	
05/01/12	60.53	133.83	
05/02/12	-71.32	-157.66	
05/03/12	1,462.00	3,231.49	
06/01/12	63.25	139.22	
06/04/12	-74.59	-164.11	
07/02/12	61.21	134.11	
07/03/12	-72.18	-158.12	
08/01/12	63.25	137.99	
08/02/12	-74.59	-162.70	
08/20/12	19,447.72	42,307.34	
09/04/12	63.00	136.77	
09/05/12	-74.34	-161.36	
09/19/12	20,578.27	44,574.20	
10/01/12	60.31	130.40	
10/02/12	-71.28	-154.10	
11/01/12	61.90	133.25	
11/02/12	-73.24	-157.63	
12/03/12	59.91	128.35	
12/04/12	-71.27	-152.66	
12/19/12	11,627.00	24,850.29	
01/02/13	61.74	131.70	
01/03/13	-74.93	-159.81	
01/31/13	5,409.00	11,490.36	
02/01/13	61.68	131.01	
02/04/13	-78.46	-166.57	
03/04/13	-5.24	-11.08	
03/04/13	-1.72	-3.64	
03/04/13	-8.20	-17.33	
03/04/13	-1.82	-3.85	
04/02/13	-5.80	-12.21	
04/02/13	-1.90	-4.00	
04/02/13	-10.96	-23.07	
04/02/13	-2.02	-4.25	
04/25/13	1,235.00	2,590.57	
04/26/13	-379,756.65	-796,469.97	
05/02/13	-5.62	-11.78	
05/02/13	-1.84	-3.86	
05/02/13	-12.76	-26.74	
05/02/13	-1.95	-4.09	
06/04/13	-5.80	-12.10	
06/04/13	-1.90	-3.96	
06/04/13	-15.73	-32.80	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

06/04/13	-2.02	-4.21	
07/02/13	-5.62	-11.67	
07/02/13	-1.84	-3.82	
07/02/13	-18.16	-37.72	
07/02/13	-1.95	-4.05	
07/30/13	84,924.51	175,641.82	
08/02/13	-2.90	-6.00	
08/02/13	-0.95	-1.96	
08/02/13	-10.10	-20.88	
08/02/13	-1.01	-2.09	
09/04/13	-2.90	-5.97	
09/04/13	-0.95	-1.95	
09/04/13	-10.93	-22.49	
09/04/13	-1.01	-2.08	
09/13/13	6,146.94	12,632.16	
10/02/13	23,075.00	47,286.11	
10/02/13	-2.81	-5.76	
10/02/13	-0.92	-1.89	
10/02/13	-10.72	-21.97	
10/02/13	-0.98	-2.01	
10/10/13	8,846.94	18,107.91	
10/17/13	7,225.00	14,772.75	
10/17/13	2,300.00	4,702.74	
10/17/13	2,513.35	5,138.97	
11/04/13	-1.54	-3.14	
11/04/13	-0.51	-1.04	
11/04/13	-6.11	-12.46	
11/04/13	-0.54	-1.10	
11/18/13	9,020.00	18,358.13	
11/18/13	2,342.90	4,768.43	
12/03/13	-1.40	-2.84	
12/03/13	-0.46	-0.93	
12/03/13	-5.70	-11.58	
12/03/13	-0.49	-1.00	
12/05/13	2,699.52	5,480.38	
01/03/14	-1.45	-2.93	
01/03/14	-0.47	-0.95	
01/03/14	-6.86	-13.87	
01/03/14	-0.50	-1.01	
01/10/14	5,950.00	12,016.59	
02/04/14	-2.85	-5.74	
02/04/14	-0.93	-1.87	
02/04/14	-15.95	-32.10	
02/04/14	-0.99	-1.99	
02/27/14	20,585.00	41,283.90	
03/04/14	-2.62	-5.25	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

03/04/14	-0.86	-1.72	
03/04/14	-16.59	-33.24	
03/04/14	-0.91	-1.82	
03/07/14	5,656.00	11,326.45	
04/02/14	-2.90	-5.79	
04/02/14	-0.95	-1.90	
04/02/14	-19.77	-39.44	
04/02/14	-1.01	-2.02	
04/11/14	10,945.00	21,807.44	
05/02/14	-1.40	-2.78	
05/02/14	-0.46	-0.91	
05/02/14	-10.06	-19.98	
05/02/14	-0.49	-0.97	
06/03/14	-1.45	-2.87	
06/03/14	-0.47	-0.93	
06/03/14	-11.40	-22.54	
06/03/14	-0.50	-0.99	
07/01/14	7,042.00	13,865.00	
07/01/14	773.50	1,522.94	
07/02/14	-1.40	-2.76	
07/02/14	-0.46	-0.91	
07/02/14	-12.11	-23.84	
07/02/14	-0.49	-0.96	
08/04/14	-5.80	-11.36	
08/04/14	-1.90	-3.72	
08/04/14	-51.30	-100.51	
08/04/14	-2.02	-3.96	
08/08/14	5,570.00	10,906.62	
09/03/14	-5.80	-11.31	
09/03/14	-1.90	-3.71	
09/03/14	-54.12	-105.58	
09/03/14	-2.02	-3.94	
10/02/14	-5.62	-10.92	
10/02/14	-1.84	-3.57	
10/02/14	-170.63	-331.44	
10/02/14	-1.95	-3.79	
10/30/14	2,775.00	5,367.89	
11/04/14	-2.90	-5.61	
11/04/14	-0.95	-1.84	
11/04/14	-123.19	-238.15	
11/04/14	-1.01	-1.95	
11/10/14	1,950.00	3,766.43	
11/10/14	4,329.00	8,361.47	
12/02/14	-2.81	-5.41	
12/02/14	-0.92	-1.77	
12/02/14	-119.21	-229.50	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

12/02/14	-0.98	-1.89	
01/05/15	-2.90	-5.56	
01/05/15	-0.95	-1.82	
01/05/15	-123.19	-236.00	
01/05/15	-1.01	-1.93	
02/03/15	-1.50	-2.86	
02/03/15	-0.23	-0.44	
02/03/15	-28.01	-53.44	
02/03/15	-0.52	-0.99	
02/04/15	7,885.00	15,040.87	
03/03/15	-1.31	-2.49	
03/03/15	-0.46	-0.87	
04/02/15	-1.45	-2.74	
04/02/15	-0.50	-0.95	
05/04/15	-0.49	-0.92	
05/04/15	-1.40	-2.64	
06/02/15	-1.45	-2.72	
06/02/15	-0.50	-0.94	
07/02/15	-1.40	-2.61	
07/02/15	-0.49	-0.91	
08/04/15	-4.35	-8.08	
08/04/15	-1.51	-2.80	
09/02/15	-4.35	-8.05	
09/02/15	-1.51	-2.79	
10/02/15	-4.21	-7.75	
10/02/15	-1.46	-2.69	
11/03/15	-2.90	-5.31	
11/03/15	-1.01	-1.85	
12/02/15	-2.81	-5.13	
12/02/15	-0.98	-1.79	
01/05/16	-2.90	-5.27	
01/05/16	-1.01	-1.83	
02/02/16	-6.81	-12.32	
02/02/16	-2.37	-4.29	
03/02/16	-6.77	-12.19	
03/02/16	-2.35	-4.23	
04/04/16	-7.23	-12.96	
04/04/16	-2.51	-4.50	
05/03/16	-7.00	-12.49	
05/03/16	-1.26	-2.25	
05/03/16	-2.43	-4.34	
06/02/16	-7.23	-12.85	
06/02/16	-0.84	-1.49	
06/02/16	-2.51	-4.46	
07/05/16	-7.00	-12.38	
07/05/16	-2.43	-4.30	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

08/02/16	-14.47	-25.48	
08/02/16	-5.02	-8.84	
09/02/16	-14.47	-25.37	
09/02/16	-5.02	-8.80	
10/04/16	-14.00	-24.43	
10/04/16	-4.86	-8.48	
11/02/16	-28.00	-48.65	
11/02/16	-9.73	-16.91	
12/02/16	-28.00	-48.43	
12/02/16	-9.73	-16.83	
01/04/17	-28.93	-49.80	
01/04/17	-10.05	-17.30	
02/02/17	-57.51	-98.60	
02/02/17	-19.97	-34.24	
03/02/17	-53.72	-91.69	
03/02/17	-18.66	-31.85	
04/04/17	-59.48	-101.04	
04/04/17	-20.66	-35.09	
04/11/17	-250,000.00	-424,227.25	
04/17/17	-3,000.00	-5,086.19	
05/02/17	-57.56	-97.37	
05/02/17	-19.99	-33.82	
06/02/17	-59.48	-100.17	
06/02/17	-20.66	-34.79	
06/29/17	11,399.58	19,121.03	
07/05/17	-57.56	-96.46	
07/05/17	-19.99	-33.50	
07/12/17	15,952.50	26,706.19	
08/02/17	1,891.00	3,156.34	
08/02/17	18,900.00	31,546.68	
08/02/17	1,442.00	2,406.89	
08/02/17	-84.77	-141.49	
08/02/17	-29.44	-49.14	
08/29/17	6,370.00	10,589.81	
09/05/17	-91.78	-152.44	
09/05/17	-31.88	-52.95	
09/15/17	18,900.00	31,345.65	
09/15/17	718.50	1,191.63	
09/15/17	7,420.00	12,306.07	
10/03/17	-91.87	-151.96	
10/03/17	-31.91	-52.78	
10/13/17	159,426.00	263,309.68	
10/13/17	24,675.00	40,753.49	
10/13/17	481.03	794.47	
11/02/17	-97.03	-159.80	
11/02/17	-33.70	-55.50	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

11/08/17	112,410.00	184,968.81	
11/08/17	41,675.00	68,575.53	
11/17/17	81,308.00	133,612.08	
11/17/17	31,080.00	51,073.25	
11/29/17	3,000.00	4,921.06	
11/29/17	92,497.50	151,728.68	
11/29/17	3,700.00	6,069.31	
12/04/17	-98.10	-160.80	
12/04/17	-34.07	-55.85	
01/03/18	-119.20	-194.54	
01/03/18	-41.40	-67.57	
01/09/18	261,765.00	426,841.51	
01/09/18	3,410.49	5,561.24	
01/09/18	24,177.90	39,425.18	
01/22/18	18,804.30	30,603.63	
01/22/18	42,710.00	69,509.68	
01/30/18	-3,410.49	-5,543.91	
02/02/18	-137.07	-222.75	
02/02/18	-47.61	-77.37	
02/16/18	232,605.00	377,211.74	
02/16/18	26,208.00	42,501.09	
02/16/18	373.50	605.70	
03/02/18	-129.72	-209.87	
03/02/18	-45.06	-72.90	
04/03/18	-164.00	-264.10	
04/03/18	-56.96	-91.73	
04/24/18	8,210.00	13,180.11	
05/01/18	186,204.22	298,616.14	
05/01/18	82,700.87	132,627.58	
05/01/18	51,445.02	82,502.50	
05/01/18	102,966.00	165,126.82	
05/02/18	-181.70	-291.35	
05/02/18	-63.11	-101.19	
06/04/18	-197.94	-315.88	
06/04/18	-68.75	-109.71	
07/03/18	-205.48	-326.51	
07/03/18	-71.37	-113.41	
08/02/18	-224.07	-354.51	
08/02/18	-77.82	-123.12	
08/22/18	7,783.75	12,278.52	
08/22/18	23,351.25	36,835.55	
08/22/18	7,415.00	11,696.83	
08/22/18	3,350.00	5,284.47	
09/05/18	-226.34	-356.35	
09/05/18	-78.61	-123.76	
10/02/18	-227.87	-357.32	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

10/02/18	-79.14	-124.10	
11/02/18	5,426.00	8,470.66	
11/02/18	-258.26	-403.18	
11/02/18	-89.70	-140.03	
12/04/18	-258.01	-400.87	
12/04/18	-89.61	-139.23	
01/03/19	-278.71	-431.17	
01/03/19	-96.80	-149.75	
02/04/19	-293.96	-452.67	
02/04/19	-102.10	-157.23	
03/04/19	-266.60	-408.72	
03/04/19	-92.59	-141.95	
04/02/19	-296.99	-453.41	
04/02/19	-103.15	-157.48	
05/02/19	-288.90	-439.10	
05/02/19	-100.34	-152.51	
05/28/19	4,680.00	7,085.70	
05/28/19	24,817.47	37,574.61	
05/28/19	2,453.95	3,715.38	
06/04/19	-296.27	-448.16	
06/04/19	-102.90	-155.66	
07/02/19	-286.39	-431.42	
07/02/19	-99.47	-149.84	
08/02/19	-291.58	-437.28	
08/02/19	-101.27	-151.87	
09/04/19	-288.68	-430.88	
09/04/19	-100.26	-149.65	
10/02/19	-254.47	-378.24	
10/02/19	-88.38	-131.37	
11/04/19	-258.31	-382.13	
11/04/19	-89.72	-132.73	
12/03/19	-217.60	-320.52	
12/03/19	-75.58	-111.33	
01/03/20	-192.56	-282.37	
01/03/20	-66.88	-98.07	
02/04/20	-183.68	-268.11	
02/04/20	-63.80	-93.13	
03/03/20	-166.74	-242.34	
03/03/20	-57.91	-84.17	
04/02/20	-176.59	-255.55	
04/02/20	-61.33	-88.75	
05/04/20	-99.40	-143.16	
05/04/20	-34.52	-49.72	
06/02/20	-1.45	-2.08	
06/02/20	-0.50	-0.72	
07/02/20	-1.40	-2.00	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

07/02/20	-0.49	-0.70	
08/04/20	-1.45	-2.06	
08/04/20	-0.50	-0.71	
09/02/20	-1.45	-2.05	
09/02/20	-0.50	-0.71	
10/02/20	-1.40	-1.97	
10/02/20	-0.49	-0.69	
11/03/20	-1.45	-2.03	
11/03/20	-0.50	-0.70	
12/02/20	-1.40	-1.95	
12/02/20	-0.49	-0.68	
01/05/21	-1.45	-2.01	
01/05/21	-0.50	-0.69	
02/02/21	-1.45	-2.01	
02/02/21	-0.50	-0.69	
03/02/21	-1.31	-1.80	
03/02/21	-0.46	-0.63	
04/02/21	-1.45	-1.99	
04/02/21	-0.50	-0.69	
05/04/21	-1.40	-1.91	
05/04/21	-0.49	-0.67	
06/02/21	-1.45	-1.97	
06/02/21	-0.51	-0.69	
07/02/21	-1.40	-1.89	
07/02/21	-0.49	-0.66	
08/03/21	-1.45	-1.95	
08/03/21	-0.50	-0.67	
09/02/21	-1.45	-1.95	
09/02/21	-0.50	-0.67	
10/04/21	-1.40	-1.87	
10/04/21	-0.49	-0.65	
11/02/21	-1.45	-1.93	
11/02/21	-0.50	-0.66	
12/02/21	-1.40	-1.85	
12/02/21	-0.49	-0.65	
12/03/21	-1.71	-2.26	
12/03/21	-0.59	-0.78	
01/04/22	-1.45	-1.91	
01/04/22	-0.51	-0.67	
02/02/22	-1.45	-1.90	
02/02/22	-0.50	-0.66	
03/02/22	-1.31	-1.71	
03/02/22	-0.46	-0.60	
04/04/22	-1.45	-1.88	
04/04/22	-0.50	-0.65	
05/03/22	-1.40	-1.81	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Acquisition and Construction Fund

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)	
06/02/22	-1.45	-1.87	
06/02/22	-0.50	-0.64	
07/05/22	-35.10	-45.01	
07/05/22	-12.19	-15.63	
08/02/22	-88.49	-113.02	
08/02/22	-30.73	-39.25	
09/02/22	-149.42	-190.00	
09/02/22	-51.90	-65.99	
10/04/22	-242.87	-307.36	
10/04/22	-84.35	-106.75	
11/02/22	-280.82	-353.91	
11/02/22	-97.53	-122.91	
12/02/22	-360.79	-452.67	
12/02/22	-125.31	-157.22	
01/04/23	-464.21	-579.66	
01/04/23	-161.23	-201.33	
02/02/23	-511.71	-636.32	
02/02/23	-177.72	-221.00	
03/02/23	-509.70	-631.00	
03/02/23	-177.03	-219.16	
03/31/23	Balance	527,468.69	650,286.21	
03/31/23	Accrual	159.02	196.05	
02/28/27	TOTALS:	197,972.29	-2,570,010.76	

ISSUE DATE:	03/12/07	REBATABLE ARBITRAGE:	-2,570,010.76	
COMP DATE:	02/28/27	NET INCOME:	197,972.29	
BOND YIELD:	5.424264%	TAX INV YIELD:	0.762566%	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007A Capitalized Interest Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

03/12/07	Beg	Bal	-694,354.17	-2,020,909.44	
04/12/07			3,886.11	11,260.14	
05/01/07			62,057.59	179,306.91	
05/03/07			-3,886.11	-11,225.04	
05/11/07			3,886.11	11,211.70	
07/03/07			-9,003.01	-25,774.30	
08/02/07			-2,501.56	-7,130.79	
09/05/07			-2,497.17	-7,083.44	
10/02/07			-2,441.45	-6,897.64	
11/01/07			230,924.98	649,607.87	
11/02/07			-5,214.52	-14,666.62	
12/03/07			1,733.14	4,852.30	
12/04/07			-3,961.88	-11,090.50	
01/02/08			1,510.14	4,209.78	
01/03/08			-3,436.03	-9,577.11	
02/01/08			1,208.46	3,354.30	
02/04/08			-2,736.84	-7,593.21	
03/03/08			890.89	2,461.09	
03/04/08			-2,010.89	-5,554.27	
04/01/08			644.03	1,771.75	
04/02/08			-1,450.11	-3,988.71	
05/01/08			228,851.25	626,775.36	
05/02/08			-1,660.07	-4,545.91	
06/02/08			370.50	1,010.06	
06/03/08			-1,291.35	-3,519.95	
07/01/08			362.51	984.02	
07/02/08			-1,258.62	-3,415.98	
08/01/08			365.93	988.88	
08/04/08			-1,265.36	-3,417.97	
09/02/08			360.33	969.27	
09/03/08			-1,241.47	-3,339.01	
10/01/08			255.34	683.90	
10/02/08			-876.38	-2,346.94	
11/03/08			228,013.99	607,811.96	
11/04/08			-53.78	-143.34	
12/01/08			5.38	14.28	
12/02/08			6,138.88	16,293.88	
02/28/27	TOTALS:	30,324.79	-28,652.70	

ISSUE DATE:	
03/12/07	
REBATABLE ARBITRAGE:	
-28,652.70	
COMP DATE:	02/28/27	NET INCOME:	30,324.79	
BOND YIELD:	5.424264%	TAX INV YIELD:	4.046287%	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007B Capitalized Interest Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

03/12/07	Beg	Bal	-953,611.02	-2,775,473.38	
05/01/07			84,384.59	243,817.71	
07/03/07			-9,853.18	-28,208.21	
08/02/07			-2,737.79	-7,804.17	
08/09/07			2,385.00	6,791.46	
09/05/07			-2,701.80	-7,663.89	
10/02/07			-2,630.91	-7,432.91	
11/01/07			309,188.96	869,769.84	
11/02/07			-6,447.85	-18,135.55	
12/03/07			-2,401.69	-6,724.05	
01/02/08			2,094.06	5,837.56	
01/03/08			-4,169.39	-11,621.17	
02/01/08			1,673.99	4,646.46	
02/04/08			-3,320.98	-9,213.87	
03/03/08			1,233.17	3,406.64	
03/04/08			-2,440.09	-6,739.76	
04/01/08			890.98	2,451.11	
04/02/08			-1,759.62	-4,840.05	
05/01/08			306,433.72	839,257.39	
05/02/08			-2,014.38	-5,516.14	
06/02/08			528.17	1,439.90	
06/03/08			-1,520.48	-4,144.51	
07/01/08			516.31	1,401.51	
07/02/08			-1,481.96	-4,022.13	
08/01/08			520.66	1,407.03	
08/04/08			-1,489.89	-4,024.47	
09/02/08			512.24	1,377.91	
09/03/08			-1,461.76	-3,931.50	
10/01/08			362.65	971.32	
10/02/08			-1,031.88	-2,763.37	
11/03/08			305,488.83	814,334.97	
11/04/08			-76.33	-203.44	
12/01/08			12.62	33.50	
12/02/08			26,830.47	71,213.71	
02/28/27	TOTALS:	41,905.42	-40,304.56	

ISSUE DATE:	
03/12/07	
REBATABLE ARBITRAGE:	
-40,304.56	
COMP DATE:	02/28/27	NET INCOME:	41,905.42	
BOND YIELD:	5.424264%	TAX INV YIELD:	4.027653%	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Cost of Issuance Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

03/12/07	Beg	Bal	-146,000.00	-424,931.24	
03/12/07			90,250.00	262,671.54	
03/15/07			12,460.01	36,248.54	
04/09/07			4,662.87	13,516.86	
05/11/07			-3,886.11	-11,211.70	
06/15/07			7,948.00	22,814.93	
08/14/07			2,705.55	7,698.52	
11/01/07			139.62	392.76	
11/02/07			-139.62	-392.70	
12/03/07			130.10	364.24	
12/04/07			-130.10	-364.19	
01/02/08			112.82	314.51	
01/03/08			-112.82	-314.46	
01/29/08			33,335.38	92,555.88	
02/01/08			84.43	234.35	
02/04/08			-84.43	-234.25	
03/03/08			0.15	0.41	
03/04/08			-0.15	-0.41	
03/06/08			84.58	233.55	
02/28/27	TOTALS:	1,560.28	-402.86	

ISSUE DATE:	
03/12/07	
REBATABLE ARBITRAGE:	
-402.86	
COMP DATE:	02/28/27	NET INCOME:	1,560.28	
BOND YIELD:	5.424264%	TAX INV YIELD:	4.967626%	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007A Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

03/12/07	Beg	Bal	-566,837.50	-1,649,773.71	
07/03/07			9,003.01	25,774.30	
08/02/07			2,501.56	7,130.79	
09/05/07			2,497.17	7,083.44	
10/02/07			2,441.45	6,897.64	
11/01/07			2,402.04	6,757.10	
12/03/07			2,228.74	6,239.84	
01/02/08			1,925.89	5,368.75	
02/01/08			1,528.38	4,242.29	
03/03/08			1,120.00	3,094.01	
04/01/08			806.08	2,217.55	
05/01/08			921.32	2,523.30	
06/02/08			920.85	2,510.42	
07/01/08			896.11	2,432.46	
08/01/08			899.43	2,430.61	
09/02/08			881.14	2,370.23	
10/01/08			621.04	1,663.39	
11/03/08			130.28	347.28	
11/04/08			-130.28	-347.23	
12/01/08			294.97	783.03	
01/02/09			142.90	377.60	
02/02/09			202.76	533.39	
03/02/09			211.77	554.61	
04/01/09			221.82	578.43	
05/01/09			187.65	487.15	
06/01/09			95.46	246.72	
07/01/09			31.50	81.05	
08/03/09			15.33	39.26	
08/04/09			7,556.45	19,347.66	
09/01/09			3.73	9.51	
10/01/09			3.86	9.80	
03/01/10			30.65	76.10	
04/01/10			47.50	117.41	
05/03/10			328,780.32	808,813.39	
06/01/10			21.38	52.38	
06/16/10			8,135.31	19,885.67	
07/01/10			18.61	45.39	
08/02/10			18.89	45.86	
09/01/10			18.89	45.66	
10/01/10			18.28	43.99	
10/01/10			18.89	45.46	
11/01/10			18.28	43.80	
01/03/11			18.89	44.84	
02/01/11			18.89	44.66	
03/01/11			17.06	40.15	
04/01/11			18.89	44.26	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007A Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

05/02/11	9.14	21.32	
05/09/11	51,607.99	120,234.36	
06/01/11	7.82	18.16	
07/01/11	7.02	16.23	
08/01/11	2.90	6.67	
09/01/11	2.90	6.64	
10/03/11	2.81	6.41	
11/01/11	4.26	9.67	
12/01/11	4.21	9.52	
01/03/12	4.35	9.79	
02/01/12	2.89	6.48	
03/01/12	2.71	6.05	
04/02/12	2.89	6.42	
05/01/12	5.51	12.18	
06/01/12	5.79	12.74	
07/02/12	5.60	12.27	
08/01/12	5.79	12.63	
09/04/12	5.79	12.57	
10/01/12	5.60	12.11	
11/01/12	5.79	12.46	
12/03/12	5.60	12.00	
01/02/13	5.79	12.35	
02/01/13	5.80	12.32	
03/04/13	5.24	11.08	
04/02/13	5.80	12.21	
05/02/13	5.62	11.78	
06/04/13	5.80	12.10	
07/02/13	5.62	11.67	
08/02/13	2.90	6.00	
09/04/13	2.90	5.97	
10/02/13	2.81	5.76	
11/04/13	1.54	3.14	
12/03/13	1.40	2.84	
01/03/14	1.45	2.93	
02/04/14	2.85	5.74	
03/04/14	2.62	5.25	
04/02/14	2.90	5.79	
05/02/14	1.40	2.78	
06/03/14	1.45	2.87	
07/02/14	1.40	2.76	
08/04/14	5.80	11.36	
09/03/14	5.80	11.31	
10/02/14	5.62	10.92	
11/04/14	2.90	5.61	
12/02/14	2.81	5.41	
01/05/15	2.90	5.56	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007A Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

02/03/15	1.50	2.86	
03/03/15	1.31	2.49	
04/02/15	1.45	2.74	
05/04/15	1.40	2.64	
06/02/15	1.45	2.72	
07/02/15	1.40	2.61	
08/04/15	4.35	8.08	
09/02/15	4.35	8.05	
10/02/15	4.21	7.75	
11/03/15	2.90	5.31	
12/02/15	2.81	5.13	
01/05/16	2.90	5.27	
02/02/16	6.81	12.32	
03/02/16	6.77	12.19	
04/04/16	7.23	12.96	
05/03/16	7.00	12.49	
06/02/16	7.23	12.85	
07/05/16	7.00	12.38	
08/02/16	14.47	25.48	
09/02/16	14.47	25.37	
10/04/16	14.00	24.43	
11/02/16	28.00	48.65	
12/02/16	28.00	48.43	
01/04/17	28.93	49.80	
02/02/17	57.51	98.60	
03/02/17	53.72	91.69	
04/04/17	59.48	101.04	
05/02/17	57.56	97.37	
06/02/17	59.48	100.17	
07/05/17	57.56	96.46	
08/02/17	84.77	141.49	
09/05/17	91.78	152.44	
10/03/17	91.87	151.96	
11/02/17	97.03	159.80	
12/04/17	98.10	160.80	
01/03/18	119.20	194.54	
02/02/18	137.07	222.75	
03/01/18	129.72	209.90	
04/03/18	164.00	264.10	
05/02/18	181.70	291.35	
06/04/18	197.94	315.88	
07/03/18	205.48	326.51	
08/02/18	224.07	354.51	
09/05/18	226.34	356.35	
10/01/18	227.87	357.38	
11/02/18	258.26	403.18	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007A Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

12/04/18	258.01	400.87	
01/03/19	278.71	431.17	
02/04/19	293.96	452.67	
03/04/19	266.60	408.72	
04/02/19	296.99	453.41	
05/02/19	288.90	439.10	
06/04/19	296.27	448.16	
07/02/19	286.39	431.42	
08/02/19	291.58	437.28	
09/04/19	288.68	430.88	
10/02/19	254.47	378.24	
11/04/19	258.31	382.13	
12/03/19	217.60	320.52	
01/03/20	192.56	282.37	
02/04/20	183.68	268.11	
03/03/20	166.74	242.34	
04/02/20	176.59	255.55	
05/04/20	99.40	143.16	
06/02/20	1.45	2.08	
07/02/20	1.40	2.00	
08/04/20	1.45	2.06	
09/02/20	1.45	2.05	
10/02/20	1.40	1.97	
11/03/20	1.45	2.03	
12/02/20	1.40	1.95	
01/05/21	1.45	2.01	
02/02/21	1.45	2.01	
03/02/21	1.31	1.80	
04/02/21	1.45	1.99	
05/04/21	1.40	1.91	
06/02/21	1.45	1.97	
07/02/21	1.40	1.89	
08/03/21	1.45	1.95	
09/02/21	1.45	1.95	
10/04/21	1.40	1.87	
11/02/21	1.45	1.93	
12/02/21	1.40	1.85	
12/03/21	1.71	2.26	
01/04/22	1.45	1.91	
02/02/22	1.45	1.90	
03/02/22	1.31	1.71	
04/04/22	1.45	1.88	
05/03/22	1.40	1.81	
06/02/22	1.45	1.87	
07/05/22	35.10	45.01	
08/02/22	88.49	113.02	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007A Reserve Fund

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)	
09/02/22	149.42	190.00	
10/04/22	242.87	307.36	
11/02/22	280.82	353.91	
12/02/22	360.79	452.67	
01/04/23	464.21	579.66	
02/02/23	511.71	636.32	
03/02/23	509.70	631.00	
03/31/23	Balance	170,803.40	210,573.82	
03/31/23	Accrual	51.50	63.49	
02/28/27	TOTALS:	43,735.30	-362,353.90	

ISSUE DATE:	03/12/07	REBATABLE ARBITRAGE:	-362,353.90	
COMP DATE:	02/28/27	NET INCOME:	43,735.30	
BOND YIELD:	5.424264%	TAX INV YIELD:	1.116793%	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007B Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

03/12/07	Beg	Bal	-620,365.00	-1,805,564.86	
07/03/07			9,853.18	28,208.21	
08/02/07			2,737.79	7,804.17	
08/09/07			9,540.00	27,165.84	
09/05/07			2,701.80	7,663.89	
10/02/07			2,630.91	7,432.91	
11/01/07			2,588.45	7,281.49	
12/03/07			2,401.69	6,724.05	
01/02/08			2,075.33	5,785.34	
02/01/08			1,646.99	4,571.52	
03/03/08			1,206.92	3,334.13	
04/01/08			868.64	2,389.66	
05/01/08			992.81	2,719.10	
06/02/08			992.31	2,705.23	
07/01/08			965.65	2,621.23	
08/01/08			969.23	2,619.24	
09/02/08			949.52	2,554.17	
10/01/08			669.23	1,792.46	
11/03/08			140.39	374.23	
11/04/08			-140.39	-374.18	
12/01/08			317.86	843.79	
01/02/09			153.99	406.90	
02/02/09			218.49	574.77	
03/02/09			228.21	597.67	
04/01/09			239.03	623.31	
05/01/09			202.21	524.95	
06/01/09			102.87	265.87	
07/01/09			33.95	87.35	
08/03/09			16.52	42.30	
09/01/09			4.06	10.35	
10/01/09			4.22	10.71	
03/01/10			33.47	83.10	
04/01/10			51.88	128.24	
05/03/10			305,462.70	751,451.07	
06/01/10			27.61	67.64	
06/16/10			-8,135.31	-19,885.67	
06/23/10			11,328.00	27,660.98	
07/01/10			25.19	61.44	
07/06/10			17,033.73	41,513.05	
08/02/10			2,744.30	6,662.36	
09/01/10			24.00	58.01	
09/30/10			4,875.88	11,735.58	
10/01/10			22.84	54.96	
11/01/10			23.58	56.49	
11/30/10			7,286.28	17,381.34	
12/01/10			22.80	54.38	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007B Reserve Fund

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)	
12/10/10	1,566.69	3,731.77	
12/28/10	6,333.02	15,044.60	
01/03/11	22.79	54.10	
01/21/11	3,703.75	8,768.52	
02/01/11	22.17	52.41	
03/01/11	19.85	46.72	
03/24/11	1,228.12	2,880.43	
04/01/11	21.94	51.40	
04/19/11	8,596.25	20,086.86	
05/02/11	10.44	24.35	
05/09/11	157,489.46	366,913.03	
06/01/11	5.61	13.03	
07/01/11	3.76	8.69	
08/01/11	1.55	3.57	
09/01/11	1.55	3.55	
09/21/11	10,323.10	23,583.01	
09/29/11	21,740.95	49,607.92	
10/03/11	1.42	3.24	
11/01/11	1.48	3.36	
12/01/11	1.46	3.30	
01/03/12	1.51	3.40	
02/01/12	1.00	2.24	
03/01/12	0.94	2.10	
04/02/12	1.00	2.22	
05/01/12	1.91	4.22	
06/01/12	2.01	4.42	
07/02/12	1.95	4.27	
08/01/12	2.01	4.39	
09/04/12	2.01	4.36	
10/01/12	1.95	4.22	
11/01/12	2.01	4.33	
12/03/12	1.95	4.18	
01/02/13	2.01	4.29	
02/01/13	2.02	4.29	
03/04/13	1.82	3.85	
04/02/13	2.02	4.25	
05/02/13	1.95	4.09	
06/04/13	2.02	4.21	
07/02/13	1.95	4.05	
08/02/13	1.01	2.09	
09/04/13	1.01	2.08	
10/02/13	0.98	2.01	
11/04/13	0.54	1.10	
12/03/13	0.49	1.00	
01/03/14	0.50	1.01	
02/04/14	0.99	1.99	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007B Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

03/04/14	0.91	1.82	
04/02/14	1.01	2.02	
05/02/14	0.49	0.97	
06/03/14	0.50	0.99	
07/02/14	0.49	0.96	
08/04/14	2.02	3.96	
09/03/14	2.02	3.94	
10/02/14	1.95	3.79	
11/04/14	1.01	1.95	
12/02/14	0.98	1.89	
01/05/15	1.01	1.93	
02/03/15	0.52	0.99	
03/03/15	0.46	0.87	
04/02/15	0.50	0.95	
05/04/15	0.49	0.92	
06/02/15	0.50	0.94	
07/02/15	0.49	0.91	
08/04/15	1.51	2.80	
09/02/15	1.51	2.79	
10/02/15	1.46	2.69	
11/03/15	1.01	1.85	
12/02/15	0.98	1.79	
01/05/16	1.01	1.83	
02/02/16	2.37	4.29	
03/02/16	2.35	4.23	
04/04/16	2.51	4.50	
05/03/16	2.43	4.34	
06/02/16	2.51	4.46	
07/05/16	2.43	4.30	
08/02/16	5.02	8.84	
09/02/16	5.02	8.80	
10/04/16	4.86	8.48	
11/02/16	9.73	16.91	
12/02/16	9.73	16.83	
01/04/17	10.05	17.30	
02/02/17	19.97	34.24	
03/02/17	18.66	31.85	
04/04/17	20.66	35.09	
05/02/17	19.99	33.82	
06/02/17	20.66	34.79	
07/05/17	19.99	33.50	
08/02/17	29.44	49.14	
09/05/17	31.88	52.95	
10/03/17	31.91	52.78	
11/02/17	33.70	55.50	
12/04/17	34.07	55.85	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007B Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)

01/03/18	41.40	67.57	
02/02/18	47.61	77.37	
03/01/18	45.06	72.91	
04/03/18	56.96	91.73	
05/02/18	63.11	101.19	
06/04/18	68.75	109.71	
07/03/18	71.37	113.41	
08/02/18	77.82	123.12	
09/05/18	78.61	123.76	
10/01/18	79.14	124.12	
11/02/18	89.70	140.03	
12/04/18	89.61	139.23	
01/03/19	96.80	149.75	
02/04/19	102.10	157.23	
03/04/19	92.59	141.95	
04/02/19	103.15	157.48	
05/02/19	100.34	152.51	
06/04/19	102.90	155.66	
07/02/19	99.47	149.84	
08/02/19	101.27	151.87	
09/04/19	100.26	149.65	
10/02/19	88.38	131.37	
11/04/19	89.72	132.73	
12/03/19	75.58	111.33	
01/03/20	66.88	98.07	
02/04/20	63.80	93.13	
03/03/20	57.91	84.17	
04/02/20	61.33	88.75	
05/04/20	34.52	49.72	
06/02/20	0.50	0.72	
07/02/20	0.49	0.70	
08/04/20	0.50	0.71	
09/02/20	0.50	0.71	
10/02/20	0.49	0.69	
11/03/20	0.50	0.70	
12/02/20	0.49	0.68	
01/05/21	0.50	0.69	
02/02/21	0.50	0.69	
03/02/21	0.46	0.63	
04/02/21	0.50	0.69	
05/04/21	0.49	0.67	
06/02/21	0.51	0.69	
07/02/21	0.49	0.66	
08/03/21	0.50	0.67	
09/02/21	0.50	0.67	
10/04/21	0.49	0.65	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds 2007B Reserve Fund

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)	
11/02/21	0.50	0.66	
12/02/21	0.49	0.65	
12/03/21	0.59	0.78	
01/04/22	0.51	0.67	
02/01/22	0.50	0.66	
03/02/22	0.46	0.60	
04/04/22	0.50	0.65	
05/03/22	0.49	0.63	
06/02/22	0.50	0.64	
07/05/22	12.19	15.63	
08/02/22	30.73	39.25	
09/02/22	51.90	65.99	
10/04/22	84.35	106.75	
11/02/22	97.53	122.91	
12/02/22	125.31	157.22	
01/04/23	161.23	201.33	
02/02/23	177.72	221.00	
03/02/23	177.03	219.16	
03/31/23	Balance	59,322.73	73,135.63	
03/31/23	Accrual	17.89	22.06	
02/28/27	TOTALS:	39,789.20	-271,772.53	

ISSUE DATE:	03/12/07	REBATABLE ARBITRAGE:	-271,772.53	
COMP DATE:	02/28/27	NET INCOME:	39,789.20	
BOND YIELD:	5.424264%	TAX INV YIELD:	1.405149%	

NatureWalk Community Development District
(Walton County, Florida)
$8,295,000 Series 2007A
$11,705,000 Series 2007B
Capital Improvement Revenue Bonds Rebate Computation Credits

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(5.424264%)	
02/28/08	-1,430.00	-3,953.32	
02/28/09	-1,490.00	-3,904.53	
02/28/10	-1,500.00	-3,725.89	
02/28/11	-1,520.00	-3,578.82	
02/28/12	-1,550.00	-3,459.27	
02/28/13	-1,590.00	-3,363.61	
02/28/14	-1,620.00	-3,248.48	
02/28/15	-1,650.00	-3,136.21	
02/28/16	-1,650.00	-2,972.78	
02/28/17	-1,670.00	-2,852.01	
02/28/18	-1,700.00	-2,751.95	
02/28/19	-1,730.00	-2,654.57	
02/28/20	-1,760.00	-2,559.87	
02/28/21	-1,780.00	-2,454.04	
02/28/22	-1,830.00	-2,391.49	
02/28/23	-1,960.00	-2,427.90	
02/28/27	TOTALS:	-26,430.00	-49,434.73	

ISSUE DATE:	03/12/07	REBATABLE ARBITRAGE:	-49,434.73	
COMP DATE:	02/28/27			
BOND YIELD:	5.424264%			

Tab 12

PROJECT NAME		

ESTIMATED START DATE-

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SUBCONTR ACTOR EMAIL

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MATERIALS AND SERVICES NOT INCLUDED
AGREEMENT TERMS

PROPOSAL MAY BE WITHDRAWN IF NOT ACCEPTED BY DATE OF
-
ACCEPTANCE OF PROPOSAL	•
Proposed costs, specifications, and conditions detailed above are accepted, and specified work is authorized to begin on the agreed upon date. Payment for services rendered will be made as specified.
AUTHORIZED CLIENT SJGNA..!_URE	DATE OFc_C_E_PT_ANCE 	_