NatureWalk Community Development District

Board of Supervisors’ Meeting
August 21, 2025

Continued from August 7, 2025

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
Mike Grubbs	Chairman
Vice Chairman	
	Skylar Lee Danell Head	Assistant Secretary Assistant Secretary	
	Mike Duffey	Assistant Secretary	

District Manager	Stephanie DeLuna	Rizzetta & Company, Inc.	
District Counsel	Joseph Brown	Kutak Rock LLP	
District Engineer	Jim 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	July 25, 2025
NatureWalk Community Development District

REVISED FINAL AGENDA
Dear Board Members:
The regular meeting of the Board of Supervisors of the NatureWalk Community Development District will be held on Thursday, August 7, 2025, at 12:00 p.m. (CT) at the Walton Chamber of Commerce located at 63 South Centre Trail, Santa Rosa Beach, FL 32459. The following is the Final Agenda for the meeting:
CALL TO ORDER/ROLL CALL
AUDIENCE COMMENTS ON AGENDA ITEMS
BUSINESS ADMINSTRATION
Consideration of the Minutes of the Board of Supervisors Meeting Held on
Thursday, July 10, 2025	Tab 1
Ratification of the Operations and Maintenance Expenditures for
The Month of June 2025	Tab 2
Consideration of Resolution 2025-07, Re-Designating an Assistant Secretary	Tab 3
STAFF REPORTS
District Landscape Provider
Presentation of District Landscaping Reports	Tab 4
District Engineer
Discussion of Innerlight WA# 10 Stormwater System Inspections
Discussion of Innerlight WA# 11 Bathymetric Surveys
Discussion of Innerlight WA# 12 Irrigation System Assessment Efforts
District Counsel
Parcels Update
Presentation of the Proposed PBA Towing Contract	Tab 5
District Manager
Review of Goals and Objectives for Fiscal Year 2025-2026
District Chair
BUSINESS ITEMS
Public Hearing on Fiscal Year 2025/2026 Final Budget
Presentation of Proposed Final Budget for Fiscal Year 2025/2026	Tab 6
Consideration of Resolution 2025-08, Adopting FY 2025/2026 Final Budget	Tab 7
Public Hearing on Fiscal Year 2025/2026 Special Assessments
Consideration of Resolution 2025-09, Imposing Special Assessments	Tab 8
Discussion and Consideration of Green Earth
WA# 25-18-C for Palm Tree Trimming	Tab 9
Ratification of Green Earth WA# 25-21 June Irrigation repairs	Tab 10

Discussion and Consideration of Digital Speed Limit Sign Options	Tab 11
Discussion and Consideration of On Demand Paver Proposal # 2367 for
Bridge 1 West Approach Paver Leveling	Tab 12
Discussion and Consideration of Tract H Emergency Egress
Discussion and Consideration of Copy Systems Proposal for No Street Parking Sign	Tab 13
Discussion and Consideration of the Lake Doctors October 2025 Renewal	Tab 14
Consideration of Contract for Professional District Management Services	Tab 15
SUPERVISOR REQUESTS AND COMMENTS
ADJOURNMENT
Very truly yours,
Stephanie DeLuna
Stephanie DeLuna District Manager

Tab 1

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
July 10, 2025 - Minutes of Meeting

MINUTES OF MEETING

1
2
3
Each person who decides to appeal any decision made by the Board with respect to any
matter considered at the meeting is advised that the person may need to ensure that a
verbatim record of the proceedings is made, including the testimony and evidence upon
which such appeal is to be based.
8
9	NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
10
The meeting of the Board of Supervisors of the NatureWalk Community Development
District was held on Thursday, July 10, 2025, at 12:00 p.m. at the Walton Area Chamber
of Commerce, located at 63 South Centre Trail, Santa Rosa Beach, FL 32459.
14
15	Present and constituting a quorum:
16
Jonette Coram	Board Supervisor, Chairman
Mike Grubbs	Board Supervisor, Vice-Chairman
Danell Head	Board Supervisor, Assistant Secretary
Mike Duffey	Board Supervisor, Assistant Secretary
21
22	Also present were:
23
Stephanie DeLuna	Rizzetta & Company, Inc.
Trevor Knowles	Landscape Provider, GreenEarth
Jim Martelli	District Engineer, Innerlight Engineering
(via speakerphone)
Katie Buchanan	District Counsel, Kutak Rock
(via speakerphone)
Patrick O’Bryant	District Counsel, Kutak Rock
(via speakerphone)
32
33	Audience	There was one audience member present
34
35	FIRST ORDER OF BUSINESS	Call to Order
36
37	Ms. DeLuna called the meeting to order at 12:00 p.m. and confirmed there was a

38
39
40
41
42
43
44	quorum present.

SECOND ORDER OF BUSINESS

There were no audience comments.

THIRD ORDER OF BUSINESS	
45
46		

Audience Comments

Consideration of the Minutes of the Board of Supervisors (BOS) Meeting held on June 5, 2025

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT	
July 10, 2025 - Minutes of Meeting	
47							
48	Ms. DeLuna presented the BOS meeting minutes. No changes were requested.	
49							
On a motion by Mr. Duffey, seconded by Ms. Head with all in favor, the BOS approved the	
Minutes of the BOS Meeting held on June 5, 2025, for NatureWalk Community Development	
	District.						
50							
51							
52	FOURTH ORDER OF BUSINESS	Ratification	of	the	Operations	and	
53	Maintenance (O&M) Expenditures for
54	the Month of May 2025
55
56	Ms. DeLuna presented the O&M expenditures for May 2025.

On a motion by Ms. Head, seconded by Ms. Coram, with all in favor, the BOS ratified Operations and Maintenance Expenditures for the Month of May 2025, in the amount of $93,565.21 for NatureWalk Community Development District.

57
58
59
60	FIFTH ORDER OF BUSINESS	Staff Reports
61
A. District Landscape Provider
Trevor Knowles presented the June 2025 Completed Services Report. June irrigation
audit findings have not been confirmed as complete and the associated work authorization
(WA# 25-21) has not been created for the repairs. Mr. Knowles will investigate and report
the results to Ms. Coram.
67
Ms. Coram noted that Turf Aeration was marked as Not Applicable in the June report,
however this service is in contract. Mr. Knowles will schedule aeration during July, 2025.
70
Mr. Knowles has a team assessing the entranceway turf for the possibility of fungus
formation due to recent rains and will treat the areas to prevent turf damage if warranted.
73
During the July property walk, it was noted that not all turf areas require weekly mowing,
so it may be possible for crew efforts to be diverted from grass cutting to more detail work
such as trimming shrubs or removing foliage from sidewalks, etc. Mr. Knowles will make that
determination on a weekly basis via a community drive through one day prior to the District’s
78	service date and communicate it to the crew manager.	
79		
80	In July 2025, tree trimming began to remove branches that obscure safety signage and	
81	streetlights. Branches, vines and grasses that impact pedestrians walking on sidewalks will	
82	also be trimmed.	
83		
84	Green Earth has been asked to revise their rudimentary irrigation maps during the July	
85	audit so that District maps may be created using the correct information.	
86		

	NATUREWALK COMMUNITY DEVELOPMENT DISTRICT	
	July 10, 2025 - Minutes of Meeting	
87	Mr. Knowles presented the crew map and stated that the crew will be performing detail	
88	work in Section 2 on July 14th; however, weeds and volunteer plants on the north side of	
89	Cinnamon Fern in Section 1 will also be addressed.	
90		
91	Crews will begin cutting dead foliage to ground level weekly. This includes muhly grasses	
92	that did not recover from the January snowfall or have reached the end of their lifespan.	
93	Pine straw will be rearranged to cover the empty areas and replacement plants will be added	
94	when budget allows to provide a more manicured, healthy landscape throughout the	
95	community.	
96
Green Earth has been asked to provide additional details regarding a proposal for well
maintenance previously provided for budgeting purposes only by a former Account
Manager.
100
Mr. Knowles presented Green Earth’s proposals for Pond #21 Landscape Improvements
and Retention Basin Sod Replacement which will be considered by the BOS later in the
meeting.
104
B. District Engineer
Mr. Martelli confirmed that Stormwater Management Ponds and Retention Basin
inspections, along with Bathymetric surveys of the first five (5) ponds will begin in July 2025
and complete in early August, weather permitting.
109
Ms. Coram asked if it is possible to schedule any necessary repairs to complete by
September 30 as funds are available in the FY24-25 budget.
112
Mr. Martelli stated that, depending on their findings, Innerlight will schedule contractors
to first clear the items whose scopes of work can be completed during the months of August
and September, 2025.
116
Ms. Martelli confirmed the timeframe for completion of Innerlight WA# 12: Irrigation
System Assessment & Mapping, should the BOS approve it. Tasks 1 and 3 will be started
immediately, with an estimated time of completion in early August. Task 2: Irrigation Supply
Wells Mapping will begin once Green Earth has furnished their updated irrigation drawings.
121

On a motion by Ms. Head, seconded by Mr. Grubbs, with all in favor, the BOS approved the addition of Innerlight Work Authorization #12 to the July 10, 2025 agenda for NatureWalk Community Development District.

122
123

On a motion by Ms. Coram, seconded by Ms. Head, with all in favor, the BOS approved Innerlight Work Authorization #12 in the amount of $6,200.00 for NatureWalk Community Development District.

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
July 10, 2025 - Minutes of Meeting
125	Ms. Coram asked if the District would need approval from Walton County Traffic Control
126	to install an additional FDOT 15mph speed limit sign equipped with a flashing radar speed
127	indicator at the Bridge 1 east approach.
128
129	Mr. Martelli stated this would not be necessary.
130
131	Ms. Coram explained that the pavers at the Bridge 1 west approach which were re-
132	leveled in January 2023 by On Demand Pavers have begun to shift slightly.
133
134	Mr. Martelli stated that the paver shift can be addressed as a maintenance item.
135
Ms. Coram will contact On Demand Pavers to request a proposal for paver leveling for
consideration by the BOS at a later date.
138
C. District Counsel
Ms. Buchanan reported that the hearing was held on the notice and order to show
cause for failure to prosecute in the Starkey-Hughes quiet title action. CDD counsel
appeared, the Starkey-Hughes did not. The court set it for a further case management.
143
Ms. Coram gave an update on the District’s formal requests to the Walton County
Fire District and Planning Department for emergency egress through Tract H.
146
Signs noticing a Technical Review Committee Meeting for the Tract H Minor
Development Order were installed by Walton County on July 9th. Ms. Coram contacted
Stephen Schoen, Deputy Planning Director, to ask if the District’s previous emergency
egress request would need to be resubmitted to the entire TRC during the July 23, 2025
hearing.
152
Mr. Schoen confirmed that the request will be made part of the record. However, he
encourages members of the public to attend any meetings that have a project of
interest, so Ms. Coram will attend on behalf of the District.
156
Ms. Coram asked if Ms. Buchanan or Mr. O’Bryant had any input on the PBA Towing
services letter under Tab 8. The intent of the District Parking and Towing policy is to
keep streets and alleys clear for emergency and trash collection vehicle access and to
prevent damage to landscaping.
161
Discussion ensued. The BOS is in favor of allowing roam towing between the hours
of 12AM and 6AM only.
164
As with previous contracts, the District Manager will authorize towing during regular
business hours and in emergencies. After business hours and on weekends, or if
Rizzetta is otherwise unavailable, two representatives from the District Board of
Supervisors are authorized to tow: Mike Duffey and Danell Head.

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
July 10, 2025 - Minutes of Meeting

On a motion by Mr. Grubbs, seconded by Ms. Head, with all in favor, the BOS authorized the Chair to work with Staff to execute a towing contract with PBA Towing which allows roam towing between the hours of 12AM and 6AM on behalf of the NatureWalk Community Development District.

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D. District Manager
Ms. DeLuna stated that Holly Bailey is no longer with Rizzetta. Ms. DeLuna, Melissa
Dobbins and Administrative Assistant Heidi Jacobs will be the points of contact for
NatureWalk CDD until a replacement is hired or assigned.
176
177	Ms. DeLuna asked for a motion to update Green Earth WA# 25-18.
178
Ms. Coram noted that the correct price had been approved by the BOS previously, but
the wrong proposal was attached to the Work Authorization.
181

On a motion by Ms. Head, seconded by Mr. Duffey, with all in favor, the BOS approved updating Green Earth WA# 25-18, for NatureWalk Community Development District.

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183
E. District Chair
Virgin Brothers will begin boardwalk and bridge wear deck repairs on July 14, 2025
starting with the east Preserve Trail approach.
187
The July lighting audit found one (1) streetlight and three (3) Bridge 1 pedestrian
walkway light outages. Gulf Coast Electric is currently onsite to retrofit streetlight #81 to
LED. The B1 walkway lights were replaced with LED fixtures via volunteer effort on July 5,
2025.
192
The Lake Doctors estimates that installation of the Pond #10 fountain motor will
complete by July 18, 2025.
195
Animal Control was unable to collect any of the Pond #13 ducks during a site visit in
June. A resident volunteer is working with the officer to schedule their removal to a farm
nearby in July.
199
The Florida Fish and Wildlife Conservation Commission (FWC) permit for trapper
removal of the Pond #15 alligator was completed on June 19, 2025.
202
203
204	SIXTH ORDER OF BUSINESS	BUSINESS ITEMS
205
A. Discussion and Consideration of Green Earth Pond #21 Landscape Improvements
Green Earth WA #25-22 will provide for the removal of two (2) wax myrtles and
installation of three (3) bay magnolias, one (1) cypress and twelve (12) sand cord plants.
209

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
July 10, 2025 - Minutes of Meeting

On a motion by Mr. Duffey, seconded by Mr. Grubbs, with all in favor, the BOS approved Green Earth Proposal #85857 in the amount of $7,305.88 for NatureWalk Community Development District.

210
211
B. Discussion & Consideration of Green Earth Proposal for Retention Basin Sod
Replacement WA# 25-23
Green Earth WA# 25-23 will provide for installation of Bermuda sod on the west side of
the retention basin. SavATree will first perform tree root and limb removal. Green Earth will
install Bermuda sod to grade using staples to prevent soil movement / erosion so that silt
does not impact stormwater system piping.
218

On a motion by Mr. Duffey, seconded by Mr. Grubbs, with all in favor, the BOS approved Green Earth Proposal # in the amount of $2,255.09, for NatureWalk Community Development District.

219
220
C. Discussion of the Approved Fiscal Year 2025-2026 Proposed Budget
The BOS made no changes to the Budget, which includes an assessment increase for
as follows:
224	35’ lots	$73.47	Office	$269.66	
225	45’ lots	$94.79	Multifamily	$63.19	
226					
	On a motion by Ms. Coram, seconded by Mr. Grubbs, with all in favor, the BOS approved making
no changes to the Approved Fiscal Year 2025-2026 Budget, for NatureWalk Community Development District.	
227
Ms. DeLuna recommended attaching a cover letter to the public hearing notice which
offers explanation for the increase.
230

On a motion by Ms. Head, seconded by Mr. Duffey, with all in favor, the BOS approved the District Manager and Chair to draft a cover letter to accompany the public hearing notice, for NatureWalk Community Development District.

231
232
D. Discussion & Consideration of Assuming Responsibility for the NatureWalk HOA
Digital Speed Limit Sign
Discussion ensued regarding the HOA’s request for the District to accept responsibility
for its Digital Speed Limit sign which is located at the Bridge 1 west approach.
237
Ms. Coram also proposed the purchase of a second flashing radar sign, to be installed
at the east approach of Bridge 1.
240
The BOS asked Ms. Coram to research more advanced digital speed signs with better
data collection capabilities for consideration at the August 7, 2025 board meeting.
243

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT
July 10, 2025 - Minutes of Meeting

On a motion by Ms. Head, seconded by Mr. Grubbs, with Mr. Duffey opposed, the BOS voted 3-1 to accept the Digital Speed Limit sign as a gift from the HOA and for District Counsel to draft a bill of sale, for NatureWalk Community Development District.

244
245

E. Discussion of District Towing

246	Please see Staff Report C. District Counsel for discussion of towing.
247
248
249	SEVENTH ORDER OF BUSINESS	SUPERVISOR REQUESTS AND

250
251

AUDIENCE COMMENTS

Audience member Ms. Paulson requested clarification regarding emergency egress
through Tract H. NatureWalk does not have access through this parcel currently but the
District has contacted the Walton County Planning Commission and Fire District to request

255
256

that it be mandated during the development process.

Ms. Coram asked if the District could contact Regional Utilities to request repair of a
section of roadway excavated by their crew to address a homeowner issue. A hole with
loose asphalt was left behind several weeks ago.
260
Ms. Buchanan suggested that Ms. Coram contact Regional Utilities first and then Legal
can step in if the District’s request is unsuccessful.
263
264

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266

EIGHTH ORDER OF BUSINESS

ADJOURNMENT

On a motion by Mr. Grubbs, seconded by Ms. Head, with all in favor, the BOS Adjourned the Meeting at 2:04PM for NatureWalk Community Development District.

267		
268		
269		
270		
271	 		 		
272	Secretary/Assistant Secretary	Chairman/ Vice Chairman	
273			

Tab 2

NatureWalk Community Development District

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

Operations and Maintenance Expenditures June 2025
For Board Approval

Attached please find the check register listing the Operation and Maintenance expenditures paid from June 1, 2025 through June 30, 2025. This does not include expenditures previously approved by the Board.

The total items being presented:  $52,307.06

Approval of Expenditures:

	 Chairperson

	 Vice Chairperson

	 Assistant Secretary

NatureWalk Community Development District Paid Operation & Maintenance Expenditures June 1, 2025 Through June 30, 2025

Vendor Name	 Check Number	 Invoice Number	 Invoice Description	  Invoice Amount

Berger, Toombs, Elam,	300084	372437	Auditing Services FY 09/30/24	$3,350.00	
Gaines & Frank CPA CHELCO	20250625-1	Monthly Summary 05/25	Monthly Summary 05/25	$1,891.34	
Danell Head	300076	ACH DH060525	Board of Supervisors Meeting 06/05/25	$200.00	
Gannett Florida LocaliQ	300077	0007143857	Legal Advertising 05/25	$151.45	
Gannett Florida LocaliQ	300085	0007037840	Legal Advertising 03/25	$153.45	
GreenEarth Southeast,	300078	168098	Landscape Maintenance 06/25	$12,907.12	
LLC
GreenEarth Southeast,	300078	169147	Investigate Fence Install Irrigation Issues	$109.88	
LLC
GreenEarth Southeast,	300078	169148	05/25
Irrigation Repair 06/25	$194.02	
LLC
IPFS Corporation	300086	GAA-D64507 Payment # 9	GAA-D64507 Payment # 9	$4,511.25	
Jonette Anne Coram	300079	JC060525	Board of Supervisors Meeting 06/05/25	$200.00	
Michael E. Duffey	300080	MD060525	Board of Supervisors Meeting 06/05/25	$200.00	
Michael W Grubbs	300081	MG060525	Board of Supervisors Meeting 06/05/25	$200.00	
Rizzetta & Company, Inc.	300074	INV0000099665	District Management Fees 06/25	$5,382.84	
The Lake Doctors, Inc.	300082	2022136	Pond Maintenance 05/25	$746.00	

NatureWalk Community Development District Paid Operation & Maintenance Expenditures June 1, 2025 Through June 30, 2025	

Vendor Name		
Check Number		
Invoice Number		
Invoice Description		
  Invoice Amount	

The Lake Doctors, Inc.	
300082	
2023184	
Fountain Cleaning 06/25	
$179.00	
The Lake Doctors, Inc.	300087	285408B	Aeration repair	$647.21	
VGlobal Tech	300083	7341	ADA Website Maintenance 06/25	$300.00	
Virgin Brothers LLC Virgin Brothers LLC	300075

300075	060625 Virgin Brothers	Board Replacement WA # 20 06/25 (60%
Deposit)
060625 Virgin Brothers 321 Trail Boardwalk WA # 19 06/25 (60% Deposit)	$15,502.50

$5,481.00	
Report Total			$	52,307.06	

Tab 3

RESOLUTION 2025-07
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NATUREWALK COMMUNITY DEVELOPMENT DISTRICT REDESINATING AND ASSISTANT SECRETARY OF THE DISTRICT, AND PROVIDING FOR AN EFFECTIVE DATE

WHEREAS, the NatureWalk Community Development District (hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situation entirely within Walton County, Florida: and
WHEREAS, the Board of Supervisors (hereinafter the “Board”) previously designated Holly Bailey as an Assistant Secretary pursuant to Resolution 2024-05; and
WHEREAS, the Board now desires to re-designate the Assistant Secretary.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE NATUREWALK COMMUNITY DEVELOPMENT DISTRICT:

Section 1.	Stephanie DeLuna is appointed as an Assistant Secretary.
Section 2.	This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 7TH DAY OF AUGUST 2025.
THE NATUREWALK COMMUNITY DEVELOPMENT DISTRICT

CHAIRMAN
ATTEST:

ASSISTANT SECRETARY

Tab 4

July Completed Services 2025 Nature Walk CDD

General Maintenance: Weekly
07/08 – Switched to Tuesdays Officially
07/15
07/22
07/29

Trail Trimming
07/29

Pond Maintenance
07/15
07/22

Irrigation Audit
07/08 – Repair, damaged palm drip line, adjusted run time.

Turf Insecticide
07/18 - Insecticide

Lawn Aeration
N/A

Preventative Chemical Oaks and Magnolias
N/A
Discuss preventative palm treatment
Discuss Phase 3 Medjool Palms

August Anticipated Services 2025 Nature Walk CDD

General Maintenance: Weekly
08/05
08/12
08/19
08/26

Trail Trimming
08/26

Focal Pond Maintenance
08/12

Irrigation Audit
08/07

Chemical
N/A

Tab 5

AGREEMENT BETWEEN THE NATUREWALK COMMUNITY DEVELOPMENT DISTRICT AND PBA TOWING, LLC, FOR TOWING SERVICES

THIS AGREEMENT (“Agreement”) is made and entered into this   day of 	 2025, by and between:

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes, whose mailing address is 120 Richard Jackson Blvd, Panama City Beach, Florida 32407 (“District”); and

PBA TOWING, LLC, a Florida limited liability company, with a principal address at 276 Carson Oaks Lane, Santa Rosa Beach, Florida 32459 (“Contractor”).

RECITALS

Whereas, the District is a local unit of special-purpose government established for the purpose of financing, acquiring, constructing, operating and/or maintaining public infrastructure improvements; and

WHEREAS, the District has adopted that certain Rules Relating to Parking Enforcement, a copy of which is attached hereto as Exhibit A, and as may be amended from time to time by the Board of Supervisors (“Board”) of the District (“Parking Policies”); and

WHEREAS, in accordance with Section 715.07, Florida Statutes, the District desires to engage an independent contractor to provide vehicle towing/removal services within the District in accordance with the Parking Policies (“Services”); and

Whereas, the Contractor is qualified, capable and willing to provide such Services for the District in accordance with Section 715.07, Florida Statutes, and other Florida law.

Whereas, the Contractor and the District accordingly desire to enter into this Agreement to provide for the rights, duties and obligations of the parties relative to same.
Now, therefore, in consideration of the recitals, agreements, and mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, the parties agree as follows:

Section 1.  Recitals. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Agreement.

SECTION 2.  DESCRIPTION OF WORK AND SERVICES. The District hereby authorizes the Contractor, and its employees and agents, to tow vehicles when requested to do so by the District’s designated representatives, who shall be Supervisors of the District (Mike Duffy or Danell Head, and as such may be updated in writing to Contractor) or the District Manager (Rizzetta & Company), or their designees (“District Representatives”). Contractor shall also

provide vehicle storage relative to any such vehicles towed from District property, all in accordance with the Parking Policies, Section 715.07, Florida Statutes, and any other applicable Florida law.

Upon execution of this Agreement, Contractor shall procure and install the necessary signage as required by Section 715.07, Florida Statutes, which signage shall be installed in areas designated by the District Representatives, a minimum of twenty-four (24) hours prior to commencement of any towing/removal services by the Contractor. Such signage shall be provided free of charge.

Contractor shall only engage in roam towing between the hours of 12:00 a.m. and 6:00 a.m.

Upon towing/removal of a vehicle, such vehicle shall be stored by the Contractor within a ten (10)-mile radius of the point of the removal and shall provide for public access to such storage facility as set forth in Section 715.07, Florida Statutes.

This Agreement grants to Contractor the right to enter the lands that are subject to this Agreement, for those purposes described in this Agreement, and Contractor hereby agrees to comply with all applicable laws, rules, ordinances and regulations affecting the provision of the Services.

SECTION 3.	COMPENSATION. The Contractor acknowledges and agrees that it is not receiving compensation from the District for the provision of the Services, except as provided in Item 1 of the Contractor’s proposal, a copy of which is attached hereto as Exhibit B. Any other compensation due and owing to the Contractor relative to this Agreement shall be remitted by the owner(s) of the towed/removed vehicles.

Section 4.	Effective Date; Term. This Agreement shall become effective on the date first written above and shall remain in effect unless terminated with written notice to the other party.

Section 5.	Insurance.

The Contractor shall, at its own expense, maintain insurance during the performance of the Services under this Agreement, with limits of liability not less than the following:

Workers Compensation	statutory

General Liability		
Bodily Injury (including contractual)	$1,000,000/$2,000,000	
Property Damage (including contractual)	$1,000,000/$2,000,000	
Automobile Liability (if applicable)		
Bodily Injury and Property Damage	$1,000,000	

Section 6.	Care of Property; Sovereign Immunity.
Contractor shall use all due care to protect the property of the District and its residents and landowners from damage. The District shall not be held responsible for any damage to property, including vehicles, caused by the towing/removal and/or storage activities contemplated herein. Accordingly, Contractor, its employees, agents and subcontractors shall defend, hold harmless and indemnify the District and its supervisors, officers, staff, representatives and agents against any claims, damages, liabilities, losses and costs, including, but not limited to, reasonable attorneys’ fees, to the extent caused, in whole or in part, by the acts or omissions of Contractor, and other persons employed or utilized by Contractor in the performance of this Agreement or the Services performed hereunder.

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, attorney fees, paralegal fees and expert witness fees (incurred in court, out of court, on appeal, or in bankruptcy proceedings) as ordered.

Nothing in this Agreement shall be deemed as a waiver of the District’s sovereign immunity or the District’s limits of liability as set forth in Section 768.28, Florida Statutes or other law, 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 such limitations of liability or by operation of law.

Section 7. Recovery of Costs and Fees. In the event the District is required to enforce this Agreement by court proceedings or otherwise, the District shall be entitled to recover from Contractor all fees and costs incurred, including reasonable attorneys’ fees, paralegal fees, expert witness fees and costs.

Section 8. Default. A default by either party under this Agreement shall entitle the other party to all remedies available at law or in equity, which includes, but is not limited to, the rights of damages, injunctive relief, and specific performance.

Section 9.  Amendment. Amendments to and waivers of the provisions contained in this Agreement may be made only by an instrument in writing which is executed by both of the parties hereto.

Section 10. Assignment. Neither the District nor Contractor may assign their rights, duties or obligations under this Agreement without the prior written approval of the other. Any purported assignment without said written authorization shall be void.
SECTION 11. NOTICES. All notices, requests, consents, and other communications hereunder (“Notices”) shall be in writing and shall be delivered, mailed by overnight courier or First Class Mail, postage prepaid, to the parties as follows:

A.	If to the District:	NatureWalk Community Development District
120 Richard Jackson Blvd. Ste. 220	
		Panama City Beach, Florida 32407 Attn: District Manager	
	With a copy to:	Kutak Rock LLP
107 W. College Avenue Tallahassee, Florida 32301	
Attn: District Counsel

If to Contractor:	PBA Towing, LLC 276 Carson Oaks Lane
Santa Rosa Beach, Florida 32459 Attn: 	

Except as otherwise provided in this Agreement, any Notice shall be deemed received only upon actual delivery at the address set forth above. Notices delivered after 5:00 p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non-business day, the Notice period shall be extended to the next succeeding business day. Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for the District and counsel for Contractor may deliver Notice on behalf of the District and Contractor. Any party or other person to whom Notices are to be sent or copied may notify the other parties and addressees of any change in name or address to which Notices shall be sent by providing the same on five (5) days’ written notice to the parties and addressees set forth herein.

 	

SECTION 12.	PUBLIC RECORDS. Contractor understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, Contractor agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Contractor acknowledges that the designated public records custodian for the District is (“Public Records Custodian”).	Among other requirements and to the extent
applicable by law, the Contractor shall 1) keep and maintain public records required by the District to perform the service; 2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the contract term and following the contract term if the Contractor does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of the contract, transfer to the District, at no cost, all public records in Contractor’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by the Contractor, the Contractor shall destroy any duplicate public records that are exempt or confidential and exempt from public records

disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.
IF CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO CONTRACTOR’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS CONTRACT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT c/o RIZZETTA & COMPANY, 850-334-9055, 120 RICHARD JACKSON BOULEVARD, SUITE 220, PANAMA CITY, FLORIDA 32407.
Section 13. E-Verify Requirements. The Contractor shall comply with and perform all applicable provisions of Section 448.095, Florida Statutes. Accordingly, beginning January 1, 2021, to the extent required by Florida Statute, Contractor shall register with and use the United States Department of Homeland Security’s E-Verify system to verify the work authorization status of all newly hired employees. The District may terminate this Agreement immediately for cause if there is a good faith belief that the Contractor has knowingly violated Section 448.091, Florida Statutes.
If the Contractor anticipates entering into agreements with a subcontractor for the Work, Contractor will not enter into the subcontractor agreement without first receiving an affidavit from the subcontractor regarding compliance with Section 448.095, Florida Statutes, and stating that the subcontractor does not employ, contract with, or subcontract with an unauthorized alien. Contractor shall maintain a copy of such affidavit for the duration of the agreement and provide a copy to the District upon request.

In the event that the District has a good faith belief that a subcontractor has knowingly violated Section 448.095, Florida Statutes, but the Contractor has otherwise complied with its obligations hereunder, the District shall promptly notify the Contractor. The Contractor agrees to immediately terminate the agreement with the subcontractor upon notice from the District. Further, absent such notification from the District, the Contractor or any subcontractor who has a good faith belief that a person or entity with which it is contracting has knowingly violated s. 448.09(1), Florida Statutes, shall promptly terminate its agreement with such person or entity.

By entering into this Agreement, the Contractor represents that no public employer has terminated a contract with the Contractor under Section 448.095(2)(c), Florida Statutes, within the year immediately preceding the date of this Agreement.

Section 14. Controlling Law and Venue. This Agreement and the provisions contained herein shall be construed, interpreted, and controlled according to the laws of the State of Florida. The parties agree that venue for any action arising hereunder shall be in a court of appropriate jurisdiction in Walton County, Florida.

Section 15. Severability. The invalidity or unenforceability of any one or more provisions of this Agreement shall not affect the validity or enforceability of the remaining

portions of this Agreement, or any part of this Agreement not held to be invalid or unenforceable.

Section 16. Independent Contractor. In all matters relating to this Agreement, the Contractor shall be acting as an independent contractor. The Contractor shall not have any authority to assume or create any obligation, express or implied, on behalf of the District and the Contractor shall have no authority to represent the District as an agent, employee, or in any other capacity, unless otherwise set forth in this Agreement.

Section 17. No Third-Party Beneficiaries. This Agreement is solely for the benefit of the formal parties hereto and no right or cause of action shall accrue upon or by reason hereof, to or for the benefit of any third party not a formal party hereto. Nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person or corporation other than the parties hereto any right, remedy or claim under or by reason of this Agreement or any provisions or conditions hereof; and all of the provisions, representations, covenants and conditions herein contained shall inure to the sole benefit of and shall be binding upon the parties hereto and their respective representatives, successors and assigns.

Section 18. Headings for Convenience Only. The descriptive headings in this Agreement are for convenience only and shall not control nor affect the meaning or construction of any of the provisions of this Agreement.

Section 19. Entire Agreement. This instrument shall constitute the final and complete expression of the agreement between the parties relating to the subject matter of this Agreement.

In witness whereof, the parties execute this Agreement effective as of the day and year first written above.

NATUREWALK COMMUNITY DEVELOPMENT DISTRICT

Chairman, Board of Supervisors

PBA Towing, LLC

	
By: 	
Its: 		
Exhibit A: Exhibit B:	Parking Policies Proposal	

EXHIBIT A

NAIURE'WAILK
COMMUNffV DEVEl.,;O'PMENT DIST1RICT

RULES RiLAT 1NG1J,Q PARKING ,&INFORCEM&:NT POLICY
ADOPTED
August 11, 2022

NA.TUREWAILK CDD

120 Richard Jackson Blvd., Suite 220 Palilama Cirt.y Beach, FL 32407
Mail to:
3434 Colwell Ave., St.1ite 200
Tampa, FL 33614

NATUR£\\'AL.KCO.\IMUNITY DEVELOPMENT DISTRICT
RliLES REU Tl.\'G TO PARKJ,\'G ENFORCE.ME.NT
(Auguit 1I, 1022)

In accordance with Chaptt'r 190, Florida Stafl,ttts, and on Auguit I I, 2021, at a duly notict'd public meeting, tht' Bnud of Superviiurs of tht' Naturt'Walk Community Oe,•ek,pment Oilltrict (.. District"') adoptt'd the following pnlicy to go,·ern parking and parking enforct'mcnt on certain Oilltrict Prnperty. l'his policy repuls and snpenc..-dcs all prior rulu and/nr policies governing tht' iame subjc..-ct matter.

SECTION 1. I.NTRODt:CTION. ihc District finds that Parked Vehides, Commerdal Vehicles, Vessels and Recreational Vehicles (hereinafter defined) on certain of its property, st.rcet<i. alleys. and roadways cause hazards and danger to the health, safely, and welfare of Oistrict residents and the
public. This Policy prohibits parking of Vehicles, Vessels, and Recrea1ional Vehicles on property, streets, alleys, and roadways within the l>istrict. except in Designated Parting Areas, and provides the- manner in which any such Vehicles, Vessels, or Recrea1ional Vehicles shall be towed/removed
0nsisten1with this Policy.

SECTION l. OEFINJTIONS.

Commercial Vehicle(.'i). Any mobile item which normally uses wheels, whether motorized or not. that (i) is titled, registered, or leased to a c-mnpany and not an individual person, or
(ii) is used for business purposes even if titled, registered, or leased to an individual person.

Delivery Veliic/es(s}. Any Commercial Vehicle engaged in the dcli\'ery activities, including bul not limited to U.S. Postal Service, U.P.S., F"cd £x. and movingcompany Vehicles.
Service Veliicles(s). Any Commercial Vehicle engaged in the- provision of servic.es, including but not limited to lawn main1enance and service/tec-hnkian Vehicles.
0.	Vehicle(.,:), Any mobile i1e-m which nomtally uses wheels, whether mo1orized or not. including golf carts. for purposes of this Policy, unless otherwise specified, any use of the term Vehicle(s) shall be-interpreted so as to include Commerdal Vchic.le(s).
E.	Vessel(.,:), Every descrip1ion of watercraft, barge-, or airboat used or capable of being used as a means of transportation on water.
f.	Recreational Vehicle(.,;), A vehicle designed for recreational use, which includes, but is nol necessarily limited to: motor homes. ATVs (small open motor vehicle with one or two seaL<i and three or more wheels fitted with large tires, designed for use on rough ground), jet skis, campers, and uailers relati\'e to same-.
Pa,·ked. A Vehicle-, Vessel or Recreational Vehicle left unattended by its owner or
user.

Tow-Away Zone. District Property on which parking is prohibited and in which lhc Oistrkt is authorized to initiate a towing and/or removal action.

Designated Parkitig Areas.	Are.as Jdentified on Exhibit A where parking is pcmtitted.

SECTION 3. tSTABLJSIIMENT or l'ow-AWAY Z.ONES-. Vehicles may 001 be Parted on landscaped areas, street.-., alleys. and roadways owned by the- District, excepl in Oesig:na1ed Parking Areas. F'urther, Vehicles may not be Parked in the De-signated Parking Areas in Sage-Circle between
the hours of 11:00 p.m. to 6:00 a.m. All parked vchic.les must appropriately display any lesally
required State-licensed identification, either temporary or pc-nnanent (e.g., slate-issued license plate), to park in Oesigna1ed Parting Areas. In addition to potential towing, the OL-.tric.t will contact local law enforcement regarding Vehicles that do not display legally required State-licensed identification. Vehicles that extend beyond 240'" in total length may not park on Oistrict Property. Vehicles may not be parked so as to occupy more than one marked parking spot

Comme-rdal Vehiclc-s, Vc-ssels, Recreational Vehicles, and any traller-s (altached or unauac-hed) may nol be Parted on landscaped areas, street.<;, alleys, roadways, and Designated Parking Areas owned by the District. Commercial Vehicle-s, Ve-sscl-s, Recreational Vehicles, and any trailers (attached or unaltached) however, may be Parked on streets, alleys, and roadways owned by the District (but not on paver parking spots or sidewalks), for up to 60 minutes while ac.tively
engaged in loading or unloading.
Landscaped areas, streets, alleys, and roadways owned by the District, cxcepl Ocsignated Parking Areas, arc hereby dec.lared a Tow Away Zone. In addfrion, any Vehicle. Vessel. or Kecreational Vehicle which is parked in a manner which prevents or inhibits the-ability of emergency response- vehicles to navigate street.-. and roadways within the District are hereby authorized to be. towed.

Building and construe-lion material-., trash, and refuse may no1be-stored or staged on Oistric-t Propeny without prior approvaJ of the District's Board of SupervL-.ors.

SECTION 4. DELIVERY VEJIICLL� SERVICE VEJUCLU A.'iO GOVERNMENTAL VEJUO.ES.
Delivery Vchic.les and Service Vehicles may park on streets, aJle-ys, and roadways while ac.tively engaged in the- operation of such businesses. Trnilers a-ssociated with Service or Delivery Vehicles arc permitted on street.-., alleys, and roadways, but not on paver parking spots or sidewalks and may
not be unauac-hed. 8uilding and construction materials, trash, and refuse may not be stored or staged on District Property without prior approval of the Oistric-t·s 8oard of Supervisors. Vehicle-s owned and operated by any governmental uni1may also park on District Property while carrying out official duties. Any Vehicle parked on streets, alleys and roadways must do so in compliance-with all laws. ordinanc.c-s and c-odes.

EXHIBIT A – Designated Parking Areas

EXHIBIT B – PROPOSAL

 Outlook

Re: Preliminary PBA Towing Contract NatureWalk CDD

From Towing <tow@pbatowing.com>
Date Tue 7/29/2025 10:46 AM
To	Janette Coram <JCoram@NatureWalkCDD.org>
Cc	Stephanie Deluna <SDeluna@rizzetta.com>

Good morning,

I've reviewed the attachments, and I believe we may be overcomplicating what should be a straightforward process. PBA Towing currently carries all insurance required under Florida law. As it stands, our coverage is already quite costly, and increasing our general liability limits by more than three times for a single client would not be financially sustainable.
While we would very much like the opportunity to work with NatureWalk, the current insurance requirements and proposed revisions to our simplified contract may not be practical for us at this time.
Please don't hesitate to reach out if circumstances change or if you feel we can proceed under our existing coverage and agreement structure. Best regards,

On Jul 28, 2025, at 1:27 PM, Janette Coram <JCoram@NatureWalkCDD.org> wrote:

Good afternoon, Chris. Just touching base to see if you have any questions or input on the proposed NatureWalk CDD - PBA Towing contract.

There is a COD business meeting at 12PM noon on Thursday, August 7th and the Board of Supervisors will be able to discuss any comments you have. We're not able to conduct business outside of the meeting, so any input would need to be submitted to us by Monday August 4th at the very latest.
Thanks, Janette Coram
Chair, NatureWalk COD 979-824-3901

From: Janette Coram <JCoram@NatureWalkCDD.org>
Sent: Monday, July 21, 2025 11:11 AM
To: Chris Cope <chris@coastaldreamin.com>
Cc: Stephanie Deluna <5Deluna@rizzetta.com>
Subject: Preliminary PBA Towing Contract NatureWalk CDD
Good morning, Chris. Please see the attached Preliminary Agreement for Towing Services and let me know if you have any questions. Janette Coram
Chair, NatureWalk COD
979-824-3901

Tab 6

NatureWalk Community Development District
www.naturewalkcdd.org

Approved Proposed Budget for Fiscal Year 2025-2026 Presented by: Rizzetta & Company, Inc.

120 Richard Jackson Boulevard, Ste #220 Panama City Beach, FL 32407
Phone: 850-334-9055

rizzetta.com

7

Table of Contents

Page
General Fund Budget for Fiscal Year 2025/2026	1
Reserve Fund Budget for Fiscal Year 2025/2026	3
Debt Service Fund Budget for Fiscal Year 2025/2026	4
Assessments Charts for Fiscal Year 2025/2026	5
General Fund Budget Account Category Descriptions	8
Reserve Fund Budget Account Category Descriptions	12
Debt Service Fund Budget Account Category Descriptions	13

Proposed Budget
Naturewalk Community Development District
General Fund Fiscal Year 2025/2026	

Chart of Accounts Classification	
Actual YTD through Projected Annual	Annual Budget for 06/30/25	Totals 2024/2025		2024/2025	
Projected Budget variance for 2024/2025	
Budget for 2025/2026	
Budget Increase (Decrease) vs 2024/2025		
1									
2	ASSESSMENT REVENUES								
3									
4	Special Assessments								
5	Tax Roll	$	1,106,274	$	1,106,274	$	961,603	$	144,671	$	973,790	$	12,187		
6									
7	Assessment Revenue Subtotal	$	1,106,274	$	1,106,274	$	961,603	$	144,671	$	973,790	$	12,187	
8									
9	OTHER REVENUES								
10									
11	Balance Forward from Prior Year	$	-	$	-	$	-	$	-	$	-	$	-		
12	Interest Earnings	$	2,991	$	2,991	$	-	$	2,991	$	-	$	-		
13									
14	Other Revenue Subtotal	$	2,991	$	2,991	$	-	$	2,991	$	-	$	-	
15								
16	TOTAL REVENUES	$	1,109,265	$	1,109,265	$	961,603	$	147,662	$	973,790	$	12,187	
17									
18	EXPENDITURES - ADMINISTRATIVE								
19									
20	Legislative								
21	Supervisor Fees	$	7,400	$	10,400	$	12,000	$	1,600	$	12,000	$	-		
22	Financial & Administrative								
23	Accounting Services	$	12,481	$	16,640	$	16,640	$	(0)	$	17,306	$	666		
24	Administrative Services	$	7,020	$	9,360	$	9,360	$	-	$	9,734	$	374		
25	Arbitrage Rebate Calculation	$	450	$	450	$	450	$	-	$	450	$	-		
26	Assessment Roll	$	5,200	$	5,200	$	5,200	$	-	$	5,408	$	208		
27	Auditing Services	$	3,350	$	3,350	$	3,550	$	200	$	3,350	$	(200)		
28	Disclosure Report	$	3,750	$	5,000	$	5,000	$	-	$	5,000	$	-		
29	District Engineer	$	10,790	$	14,387	$	35,000	$	20,613	$	40,000	$	5,000		
30	District Management	$	20,475	$	27,300	$	30,000	$	2,700	$	28,392	$	(1,608)		
31	Dues, Licenses & Fees	$	175	$	175	$	175	$	-	$	175	$	-		
32	Financial & Revenue Collections	$	2,696	$	3,595	$	3,894	$	299	$	4,050	$	156		
33	Legal Advertising	$	1,672	$	2,229	$	3,500	$	1,271	$	3,500	$	-		
34	Miscellaneous Administrative Fees	$	500	$	667	$	5,000	$	4,333	$	2,000	$	(3,000)	
35	Public Officials Liability Insurance	$	2,538	$	2,538	$	3,050	$	512	$	3,213	$	163		
36	Room Rentals	$	1,250	$	1,667	$	1,800	$	133	$	1,800	$	-		
37	Supervisor Workers Comp Insurance	$	850	$	850	$	850	$	-	$	850	$	-		
38	Trustees Fees	$	-	$	7,000	$	7,000	$	-	$	7,000	$	-		
39	Website Hosting, Maintenance, Backup & Email	$	4,725	$	6,000	$	6,000	$	-	$	6,000	$	-		
40	Legal Counsel								
41	District Counsel	$	18,477	$	24,636	$	50,000	$	25,364	$	50,000	$	-		
42	Litigation / Mediation	$	-	$	-	$	5,000	$	5,000	$	5,000	$	-		
43									
44	Administrative Subtotal	$	103,799	$	141,443	$	203,469	$	62,026	$	205,228	$	1,759	
45									
46	EXPENDITURES - FIELD OPERATIONS								
47									
48	Electric Utility Services								
49	Utility - Electricity	$	15,849	$	21,132	$	21,600	$	468	$	21,600	$	-		
50	Stormwater Control								
51	Aquatic Maintenance	$	6,544	$	8,725	$	9,000	$	275	$	9,500	$	500		
52	Fountain Repairs	$	1,811	$	2,415	$	2,148	$	(267)	$	2,275	$	127		

 

Comments	

	

	

	

	

	

	

	

	

	

	

	
Amount budgeted for miscellaneous expenses related to Surveys	
Per Egis	

	

	

	

	

	

Proposed Budget
Naturewalk Community Development District
General Fund Fiscal Year 2025/2026		

Comments	

Chart of Accounts Classification	
Actual YTD through Projected Annual	Annual Budget for 06/30/25	Totals 2024/2025		2024/2025	
Projected Budget variance for 2024/2025	
Budget for 2025/2026	
Budget Increase (Decrease) vs 2024/2025				
53	Stormwater Monitoring & Maintenance	$	4,600	$	6,133	$	10,000	$	3,867	$	22,500	$	12,500			Increase based on the O&M report from D.E	
54	Stormwater System Maintenance	$	-	$	-	$	1,000	$	1,000	$	10,000	$	9,000			Includes bulkhead repairs	
55	Other Physical Environment										
56	Fence Repairs	$	983	$	1,311	$	25,000	$	23,689	$	25,000	$	-			This includes bulkhead fence repairs	
57	General Liability Insurance	$	2,959	$	2,959	$	3,500	$	541	$	3,746	$	246			Per Egis	
58	Irrigation Repairs	$	5,781	$	7,708	$	12,000	$	4,292	$	12,000	$	-				
59	Landscape - Mulch	$	58,939	$	78,585	$	63,000	$	(15,585)	$	60,000	$	(3,000)		Placeholder for Board input.- Pinstraw addition	
60	Landscape Maintenance	$	113,114	$	150,819	$	154,886	$	4,067	$	160,000	$	5,114			2025 Contract 3% increase, plus add. Property trim	
61	Landscape Replacement, Plants, Shrubs, Trees	$	5,591	$	7,455	$	20,000	$	12,545	$	25,000	$	5,000				
62	Pedestrian Path Lighting	$	-	$	-	$	1,000	$	1,000	$	-	$	(1,000)		Change to well maintenance - per the DE recommendations	
63	Property Insurance	$	36,304	$	50,463	$	53,000	$	2,537	$	47,819	$	(5,181)		Per Egis	
64	Tree Trimming Services	$	-	$	-	$	4,000	$	4,000	$	4,000	$	-			Just for Palm trees	
65	Well Maintenance	$	-	$	-	$	-	$	-	$	14,300	$	14,300				
66	Road & Street Facilities										
67	Bridge Repair	$	86,113	$	114,817	$	120,000	$	5,183	$	80,000	$	(40,000)		Includes Pedestrian Walkway	
68	Roadway Repair & Maintenance	$	86,146	$	114,861	$	100,000	$	(14,861)	$	117,000	$	17,000			Alley and Speedbumps 2024	
69	Security Camera Equipment Lease	$	2,841	$	3,788	$	5,000	$	1,212	$	5,000	$	-			Flock Camera Systems	
70	Sidewalk Maintenance & Repair	$	8,445	$	11,260	$	12,000	$	740	$	6,000	$	(6,000)				
71	Street Light/Decorative Light Maintenance	$	3,147	$	4,196	$	12,000	$	7,804	$	10,000	$	(2,000)				
72	Street Sign Repair & Replacement	$	-	$	-	$	3,000	$	3,000	$	2,000	$	(1,000)				
73	Trail Path Maintenance	$	7,772	$	10,363	$	15,000	$	4,637	$	15,000	$	-				
74	Contingency										
75	Miscellaneous Contingency	$	43,069	$	57,425	$	111,000	$	53,575	$	115,822	$	4,822			Lily Lane easement + Conservation Area Amendment Petition	
76											
77	Field Operations Subtotal	$	490,008	$	654,415	$	758,134	$	103,719	$	768,562	$	10,428			
78										
79	TOTAL EXPENDITURES	$	593,807	$	795,858	$	961,603	$	165,745	$	973,790	$	12,187			
80										
81	EXCESS OF REVENUES OVER EXPENDITURES	$	515,458	$	313,407	$	-	$	313,407	$	-	$	-			
82										

Proposed Budget
Naturewalk Community Development District
Reserve Fund Fiscal Year 2025/2026	

Chart of Accounts Classification	
Actual YTD through	Projected Annual	Annual Budget for 06/30/25	 Totals 2024/2025		2024/2025	Projected Budget variance for 2024/2025	
Budget for 2025/2026	Budget Increase (Decrease) vs 2024/2025		
1									
2	ASSESSMENT REVENUES								
3									
4	Special Assessments								
5	Tax Roll*	$	50,000	$	50,000	$	50,000	$	-	$	75,000	$	25,000		
6									
7	Assessment Revenue Subtotal	$	50,000	$	50,000	$	50,000	$	-	$	75,000	$	25,000	
8									
9	OTHER REVENUES								
10									
11	Interest Earnings								
12	Interest Earnings	$	-	$	-	$	-	$	-	$	-	$	-		
13	Other Miscellaneous Revenues								
14	Balance Forward from Prior Year	$	-	$	-	$	-	$	-	$	-	$	-		
15									
16	Other Revenue Subtotal	$	-	$	-	$	-	$	-	$	-	$	-	
17								
18	TOTAL REVENUES	$	50,000	$	50,000	$	50,000	$	$	75,000	$	25,000	
19	*Allocation of assessments between the Tax Roll and Off Roll are
estimates only and subject to change prior to certification.				
20									
21	EXPENDITURES								
22									
23	Contingency								
24	Capital Reserves	$	-	$	-	$	50,000	$	50,000	$	75,000	$	25,000		
25									
26	TOTAL EXPENDITURES	$	$	$	50,000	$	50,000	$	75,000	$	25,000	
27								
28	EXCESS OF REVENUES OVER EXPENDITURES	$	50,000	$	50,000	$	-	$	50,000	$	-	$	-	
29								

NatureWalk Community Development District Debt Service
Fiscal Year 2025/2026	

Chart of Accounts Classification	Series 2007A	

Budget for 2025/2026	
			
REVENUES			
Special Assessments			
Net Special Assessments (1)	$411,259.14	$411,259.14	
			
TOTAL REVENUES	$411,259.14	$411,259.14	

EXPENDITURES			
Administrative			
Debt Service Obligation	$411,259.14	$411,259.14	
Administrative Subtotal	$411,259.14	$411,259.14	
			
TOTAL EXPENDITURES	$411,259.14	$411,259.14	
			
EXCESS OF REVENUES OVER EXPENDITURES	$0.00	$0.00	

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

$437,509.72

GROSS ASSESSMENTS

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

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

NATURE WALK COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2025/2026 O&M & DEBT SERVICE ASSESSMENT SCHEDULE	

2025/2026 O&M Budget: Collection Costs:
Early Payment Discounts:

2025/2026 Total:	
$1,048,790.00	2024/2025 O&M Budget:	$1,011,603.00
2%	$22,314.68	2025/2026 O&M Budget:	$1,048,790.00
4%	$44,629.36

$1,115,734.04	Total Difference:	$37,187.00		

Lot Size	Assessment Breakdown

Series 2007A Debt Service
Single Family 35'
Operations/Maintenance

Total

Series 2007A Debt Service
Single Family 45'
Operations/Maintenance

Total

Series 2007A Debt Service	(1)
Office Building
Operations/Maintenance

Total

Series 2007A Debt Service
Multifamily (Unplatted)
Operations/Maintenance

Total	Per Unit Annual Assessment Comparison
2024/2025	2025/2026		Proposed Increase / Decrease
$	%		
	
$1,138.28	$1,138.28
$1,998.84	$2,072.31		
$0.00	0.00%
$73.47	3.68%		
	$3,137.12	$3,210.59		$73.47	2.34%		
	
$1,463.51	$1,463.51
$2,578.50	$2,673.29		
$0.00	0.00%
$94.79	3.68%		
	$4,042.01	$4,136.80		$94.79	2.35%		
	
$0.00	$0.00
$7,335.73	$7,605.39		
$0.00	0.00%
$269.66	3.68%		
	$7,335.73	$7,605.39		$269.66	3.68%		
	
$978.92	$978.92
$1,719.00	$1,782.19		
$0.00	0.00%
$63.19	3.68%		
	$2,697.92	$2,761.11		$63.19	2.34%		
					
(1) Prepaid Debt Service Assessment	

NATURE WALK COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2025/2026 O&M & DEBT SERVICE ASSESSMENT SCHEDULE	

TOTAL O&M BUDGET	$1,048,790.00
COLLECTION COSTS @	2.0%	$22,314.68
EARLY PAYMENT DISCOUNT@	4.0%	$44,629.36
TOTAL O&M ASSESSMENT	$1,115,734.04	
	UNITS ASSESSED		ALLOCATION OF O&M ASSESSMENT		PER LOT ANNUAL ASSESSMENT		
	
SERIES 2007A

LOT SIZE	O&M	DEBT SERVICE (1)		TOTAL	% TOTAL		TOTAL EAU FACTOR	EAU's		EAU's	O&M BUDGET		
SERIES 2007A

O&M	DEBT SERVICE (2)	TOTAL (3)		
	SINGLE FAMILY 35	143	82
SINGLE FAMILY 45	153	84
OFFICE BUILDING	1	0
Total Platted	297	166
MULTIFAMILY	226	226
Total Unplatted	226	226
Total Community	523	392		
1.00	143.00	26.56%	$296,340.95
1.29	197.37	36.66%	$409,012.68
3.67	3.67	0.68%	$7,605.39

344.04	63.90%	$712,959.03

0.86	194.36	36.10%	$402,775.02

194.36	36.10%	$402,775.02

538.40	100.00%	$1,115,734.04		
$2,072.31	$1,138.28	$3,210.59
$2,673.29	$1,463.51	$4,136.80
$7,605.39	$0.00	$7,605.39

$1,782.19	$978.92	$2,761.11		

LESS: Walton County Collection Costs (2%) and Early Payment Discount Costs (4%)	($66,944.04)

Net Revenue to be Collected	$1,048,790.00	

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

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

(3) Annual assessment that will appear on November 2025 Walton County property tax bill. Amount shown includes all applicable collection costs. Property owner is eligible for a discount of up to 4% if paid early.	

NATURE WALK COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2025/2026 O&M & DEBT SERVICE ASSESSMENT SCHEDULE	

TOTAL O&M BUDGET	$1,048,790.00
COLLECTION COSTS @	2.0%	$22,314.68
EARLY PAYMENT DISCOUNT@	4.0%		$44,629.36 TOTAL O&M ASSESSMENT		$1,115,734.04	
	UNITS ASSESSED		ALLOCATION OF O&M ASSESSMENT		PER LOT ANNUAL ASSESSMENT		
	
SERIES 2007A
LOT SIZE	O&M	DEBT SERVICE (1)		TOTAL	% TOTAL		TOTAL EAU FACTOR	EAU's		EAU's	O&M BUDGET		
SERIES 2007A
O&M	DEBT SERVICE (2)	TOTAL (3)		
	SINGLE FAMILY 35	143	82
SINGLE FAMILY 45	153	84
OFFICE BUILDING	1	0
Total Platted	297	166
MULTIFAMILY	226	226
Total Unplatted	226	226
Total Community	523	392		
1.00	143.00	26.56%	$296,340.95
1.29	197.37	36.66%	$409,012.68
3.67	3.67	0.68%	$7,605.39

344.04	63.90%	$712,959.03

0.86	194.36	36.10%	$402,775.02

194.36	36.10%	$402,775.02

538.40	100.00%	$1,115,734.04		
$2,072.31	$1,138.28	$3,210.59
$2,673.29	$1,463.51	$4,136.80
$7,605.39	$0.00	$7,605.39

$1,782.19	$978.92	$2,761.11		

LESS: Walton County Collection Costs (2%) and Early Payment Discount Costs (4%)	($66,944.04)

Net Revenue to be Collected	$1,048,790.00	

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

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

(3) Annual assessment that will appear on November 2025 Walton County property tax bill. Amount shown includes all applicable collection costs. Property owner is eligible for a discount of up to 4% if paid early.	

6

8

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

REVENUES:

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

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

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

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

EXPENDITURES – ADMINISTRATIVE:

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

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

9

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

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

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

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

Assessment Roll: The District will contract with a firm to prepare, maintain and certify the assessment roll(s) and annually levy a non-ad valorem assessment for operating and debt service expenses.

Financial & Revenue Collections: Services of the Collection Agent include all functions necessary for the timely billing and collection and reporting of District assessments in order to ensure adequate funds to meet the District’s debt service and operations and maintenance obligations. The Collection Agent also maintains and updates the District’s lien book(s) annually and provides for the release of liens on property after the full collection of bond debt levied on particular properties.

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

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

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

Travel: Each Board Supervisor and the District Staff are entitled to reimbursement for travel expenses per Florida Statutes 190.006(8).
Public Officials Liability Insurance: The District will incur expenditures for public officials’ liability insurance for the Board and Staff.

10

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

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

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

Website Hosting, Maintenance and Email: The District may incur fees as they relate to the development and ongoing maintenance of its own website along with possible email services if requested.
District Counsel: The District’s legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts and all other legal services requested by the district throughout the year.

EXPENDITURES - FIELD OPERATIONS:

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

Street Lights: The District may have expenditures relating to street lights throughout the community. These may be restricted to main arterial roads or in some cases to all street lights within the District’s boundaries.
Aquatic Maintenance: Expenses related to the care and maintenance of the lakes and ponds for the control of nuisance plant and algae species.
Fountain Service Repairs & Maintenance: The District may incur expenses related to maintaining the fountains within throughout the Parks & Recreational areas

Lake/Pond Bank Maintenance: The District may incur expenditures to maintain lake banks, etc. for the ponds and lakes within the District’s boundaries, along with planting of beneficial aquatic plants, stocking of fish, mowing and landscaping of the banks as the District determines necessary.
General Liability Insurance: The District will incur fees to insure items owned by the District for its general liability needs

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

11

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

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

Irrigation Repairs: The District will incur expenditures related to repairs of the irrigation systems.
Landscape Replacement: Expenditures related to replacement of turf, trees, shrubs etc.

Sidewalk Repair & Maintenance: Expenses related to sidewalks located in the right of way of streets the District may own if any.
Roadway Repair & Maintenance: Expenses related to the repair and maintenance of roadways owned by the District if any.

Bridge & Trail/Bike Path Maintenance: Expenses related to bridges and boardwalk pathways or trail systems the District may own.
Miscellaneous Contingency: Monies collected and allocated for expenses that the District could incur throughout the year, which may not fit into any standard categories.

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

12

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

REVENUES:

Tax Roll: The District levies Non-Ad Valorem Special Assessments on all of the assessable property within the District to pay for operating expenditures incurred during the Fiscal Year. The assessments may be collected in two ways. The first is by placing them on the County’s Tax Roll, to be collected with the County’s Annual Property Tax Billing. This method is only available to land properly platted within the time limits prescribed by the County.
Off Roll: For lands not on the tax roll and that is by way of a direct bill from the District to the appropriate property owner.

Developer Contributions: The District may enter into a funding agreement and receive certain prescribed dollars from the Developer to off-set expenditures of the District.
Miscellaneous Revenues: The District may receive monies for the sale or provision of electronic access cards, entry decals etc.

EXPENDITURES:

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

13

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

REVENUES:

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

EXPENDITURES – ADMINISTRATIVE:

Bank Fees: The District may incur bank service charges during the year.
Debt Service Obligation: This would a combination of the principal and interest payment to satisfy the annual repayment of the bond issue debt.

Equivalent Assessment Unit (EAU: Allocation factor which reflects a quantitative measure of the amount of special benefit conferred by the District’s public infrastructure improvements and maintenance on a particular land use, relative to other land uses.

Tab 7

RESOLUTION 2025-08
[FY 2026 APPROPRIATION RESOLUTION]

THE ANNUAL APPROPRIATION RESOLUTION OF THE NATUREWALK COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET(S) FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, for the fiscal year beginning October 1, 2024, and ending September 30, 2025 (“FY 2025”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the NatureWalk Community Development District (“District”) prior to June 15, 2024, proposed budget(s) (“Proposed Budget”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local general-purpose government(s) having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and
WHEREAS, the Board set a public hearing on the Proposed Budget and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, the District Manager posted the Proposed Budget on the District’s website in accordance with Section 189.016, Florida Statutes; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE NATUREWALK COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.	BUDGET

a.	The Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby	
	adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes	
	(“Adopted Budget”), and incorporated herein by reference; provided, however, that the	
	comparative figures contained in the Adopted Budget may be subsequently revised as	
	deemed necessary by the District Manager to reflect actual revenues and expenditures.	
b.	The Adopted Budget, as amended, shall be maintained in the office of the District	
	Manager and at the District’s Local Records Office and identified as “The Budget for the	
	NatureWalk Community Development District for the Fiscal Year Ending September 30,	
	2025.”	

.	The Adopted Budget shall be posted by the District Manager on the District’s official website in accordance with Section 189.016, Florida Statutes and shall remain on the website for at least two (2) years.
SECTION 2.	APPROPRIATIONS

There is hereby appropriated out of the revenues of the District, for FY 2025, the sum(s) set forth in Exhibit A to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated as set forth in Exhibit A.

SECTION 3.	BUDGET AMENDMENTS

Pursuant to Section 189.016, Florida Statutes, the District at any time within FY 2025 or within 60 days following the end of the FY 2025 may amend its Adopted Budget for that fiscal year as follows:

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

The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if the total
appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution.
Any other budget amendments shall be adopted by resolution and consistent with Florida law. The District Manager or Treasurer must ensure that any amendments to the budget under this paragraph c. are posted on the District’s website in accordance with Section 189.016, Florida Statutes, and remain on the website for at least two (2) years.

SECTION 4.	EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 7" DAY OF AUGUST, 2025.
ATTEST:	NATUREWALK COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chair/Vice Chair, Board of Supervisors
Exhibit A:	FY 2026 Budget

Tab 8

RESOLUTION 2025-09
[FY 2026 ASSESSMENT RESOLUTION]
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE NATUREWALK COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR FUNDING FOR THE FY 2026 ADOPTED BUDGET(S); PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the NatureWalk Community Development District (“District”) is a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District, located in Walton County, Florida (“County”); and
WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and

WHEREAS, for the ﬁscal year beginning October 1, 2025, and ending September 30, 2026 (“FY 2026”), the Board of Supervisors (“Board”) of the District has determined to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”), attached hereto as Exhibit A; and
WHEREAS, pursuant to Chapter 190, Florida Statutes, the District may fund the Adopted Budget through the levy and imposition of special assessments on beneﬁtted lands within the District and, regardless of the imposition method utilized by the District, under Florida law the District may collect such assessments by direct bill, tax roll, or in accordance with other collection measures provided by law; and

WHEREAS, in order to fund the District’s Adopted Budget, the District’s Board now desires to
adopt this Resolution setting forth the means by which the District intends to fund its Adopted Budget.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE NATUREWALK COMMUNITY DEVELOPMENT DISTRICT:

FUNDING. The District’s Board hereby authorizes the funding mechanisms for the
Adopted Budget as provided further herein and as indicated in the Adopted Budget attached hereto as
Exhibit A and the assessment roll attached hereto as Exhibit B (“Assessment Roll”).

OPERATIONS AND MAINTENANCE ASSESSMENTS.

Beneﬁt Findings. The provision of the services, facilities, and operations as described in Exhibit A confers a special and peculiar beneﬁt to the lands within the District, which beneﬁt exceeds or equals the cost of the assessments. The allocation of the assessments to the specially beneﬁtted lands is shown in Exhibit

A and Exhibit B and is hereby found to be fair and reasonable.

O&M Assessment Imposition. Pursuant to Chapter 190, Florida Statutes, a special assessment for operations and maintenance (“O&M Assessment(s)”) is hereby levied and imposed on beneﬁtted lands within the District and in accordance with Exhibit A and Exhibit B. The lien of the O&M Assessments imposed and levied by this Resolution shall be eﬀective upon passage of this Resolution.
Maximum Rate. Pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance assessments.

DEBT SERVICE SPECIAL ASSESSMENTS. The District’s Board hereby certiﬁes for collection the FY 2026 installment of the District’s previously levied debt service special assessments (“Debt Assessments,” and together with the O&M Assessments, the “Assessments”) in accordance with this Resolution and as further set forth in Exhibit A and Exhibit B, and hereby directs District staﬀ to aﬀect the collection of the same.
COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST. Pursuant to Chapter 190,
Florida Statutes, the District is authorized to collect and enforce the Assessments as set forth below.

Tax Roll Assessments. To the extent indicated in Exhibit A and Exhibit B, those certain O&M Assessments (if any) and/or Debt Assessments (if any) imposed on the “Tax Roll Property” identiﬁed in Exhibit B shall be collected by the County Tax Collector at the same time and in the same manner as County property taxes in accordance with Chapter 197, Florida Statutes (“Uniform Method”). That portion of the Assessment Roll which includes the Tax Roll Property is hereby certiﬁed to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County property taxes. The District’s Board ﬁnds and determines that such collection method is an eﬃcient method of collection for the Tax Roll Property.
Direct Bill Assessments. To the extent indicated in Exhibit A and Exhibit B, those certain O&M Assessments (if any) and/or Debt Assessments (if any) imposed on “Direct Collect Property” identiﬁed in Exhibit B shall be collected directly by the District in accordance with Florida law, as set forth in Exhibit A and Exhibit B. The District’s Board ﬁnds and determines that such collection method is an eﬃcient method of collection for the Direct Collect Property.

Due Date (Debt Assessments). The Series 2007A Bonds Debt Assessments directly collected by the District shall be due and payable in full on December 1, 2025 provided, however, that, to the extent permitted by law, the O&M Assessments due may be paid in several partial, deferred payments and according to the following schedule: [50]% due no later than [December 1, 2025], [50]% due no later than [April 1, 2026] .

In the event that an Assessment payment is not made in accordance with the schedule(s) stated above, the whole of such Assessment, including any remaining partial, deferred payments for the Fiscal Year: shall immediately become due and payable; shall accrue interest, penalties in the amount of one percent (1%) per month, and all costs of collection and enforcement; and shall either be enforced pursuant to a foreclosure action, or, at the District’s sole discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Any prejudgment interest on delinquent Assessments shall accrue at the rate of any bonds secured by the Assessments, or at the statutory prejudgment interest rate, as applicable. In the event an Assessment subject to direct collection by the District shall be delinquent, the District Manager and District Counsel, without further authorization by the Board, may initiate foreclosure proceedings pursuant to Chapter 170, Florida Statutes, or other applicable law to collect and enforce the whole Assessment, as set forth herein.
Future Collection Methods. The District’s decision to collect Assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices.
ASSESSMENT ROLL; AMENDMENTS. The Assessment Roll, attached hereto as Exhibit B,
is hereby certiﬁed for collection. The Assessment Roll shall be collected pursuant to the collection methods provided above. The proceeds therefrom shall be paid to the District. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this
Resolution shall not aﬀect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall take eﬀect upon the passage and adoption of this Resolution by the Board.

PASSED AND ADOPTED this 7" day of August, 2025.

ATTEST:	NATUREWALK COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chair/Vice Chair Board of Supervisors

Exhibit A: Budget
Exhibit B: Assessment Roll

Tab 9

GREEN EARTH
WORK AUTHORIZATION NO. 25-18 C

This Work Authorization (“Work Authorization”) is presented according to the requirements of that certain Proposal Agreement for by and between NatureWalk Community Development District and Green Earth Palme Tree Trim (“Agreement”), and is made and entered into this    day of	, 20 , by and between:

NatureWalk Community Development District, a local unit of special- purpose government established pursuant to Chapter 190, Florida Statutes, being situated in Walton County, Florida (“District”); and

GREEN EARTH (hereinafter “Contractor”).

SECTION 1. SCOPE OF SERVICES. Contractor shall provide the services set forth on the proposal attached hereto as Exhibit A and incorporated herein by reference (“Services”) in accordance with the terms of the Agreement. The Agreement and this Work Authorization shall be controlling over any conflict between either document and the provisions of Exhibit A.

SECTION 2. COMPENSATION. Payment of compensation for the Services under this Work Authorization shall be based upon the Agreement and as set forth in Exhibit A.

SECTION 3. ACCEPTANCE. Acceptance of this Work Authorization will authorize the Contractor to complete the Services as specified in Exhibit A, and is indicated by the signature of the authorized representative of the District and the Contractor in the spaces provided below. Contractor shall perform the Services 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.

(SIGNATURES APPEAR ON FOLLOWING PAGE)

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

Assistant Secretary/Secretary		By:		
			Its: Chairman, Board of Supervisors	
	
Print Name				
			GREEN EARTH	
			Contractor	
				
			By: 		
			Its: 		

Attachment A:	
Proposal			

	Proposal #82672	
Date: 7/22/2025

Nature Walk CDD

Santa Rosa Beach, FL 32459

Property:

Green Earth Southeast, LLC. 15167 Highway 331 Business Suite B.
Freeport, FL 32439

Landscape Service Provider:

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 CDD
Santa Rosa Beach, FL 32459

	Palm Tree Proposal - 11 Sabals	

Pricing Notice: All pricing is valid for 30 days from the date of issuance. Pricing is subject to change throughout the duration of the Project or Enhancement at the discretion of the company due to material escalation of product costs.

Work order scope:
Work will be performed by GreenEarth Trimming of 11 sable palm trees.
Palms will be trimmed at 10 and 2. 4 - Gathering Place
11 - Next to 10 Salamander

Total:	$1,050.00	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	

Date	Trevor Knowles (GE)
7/22/2025	

Date	
	Green Earth Southeast, LLC.	
Nature Walk CDD	

Tab 10

GREEN EARTH
WORK AUTHORIZATION NO. 25-21

This Work Authorization (“Work Authorization”) is presented according to the requirements of that certain Proposal Agreement for by and between NatureWalk Community Development District and Green Earth Irrigation Repairs (“Agreement”), and is made and entered into this    day of	, 20 , by and between:

NatureWalk Community Development District, a local unit of special- purpose government established pursuant to Chapter 190, Florida Statutes, being situated in Walton County, Florida (“District”); and

GREEN EARTH (hereinafter “Contractor”).

SECTION 1. SCOPE OF SERVICES. Contractor shall provide the services set forth on the proposal attached hereto as Exhibit A and incorporated herein by reference (“Services”) in accordance with the terms of the Agreement. The Agreement and this Work Authorization shall be controlling over any conflict between either document and the provisions of Exhibit A.

SECTION 2. COMPENSATION. Payment of compensation for the Services under this Work Authorization shall be based upon the Agreement and as set forth in Exhibit A.

SECTION 3. ACCEPTANCE. Acceptance of this Work Authorization will authorize the Contractor to complete the Services as specified in Exhibit A, and is indicated by the signature of the authorized representative of the District and the Contractor in the spaces provided below. Contractor shall perform the Services 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.

(SIGNATURES APPEAR ON FOLLOWING PAGE)

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

Assistant Secretary/Secretary		By:		
			Its: Chairman, Board of Supervisors	
	
Print Name				
			GREEN EARTH	
			Contractor	
				
			By: 		
			Its: 		

Attachment A:	
Proposal			

	Proposal #87927	
Date: 7/22/2025

Nature Walk CDD

Santa Rosa Beach, FL 32459

Property:

Green Earth Southeast, LLC. 15167 Highway 331 Business Suite B.
Freeport, FL 32439

Landscape Service Provider:

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 CDD
Santa Rosa Beach, FL 32459

	Irrigation Repair - broken heads at entrance	
Pricing Notice: All pricing is valid for 30 days from the date of issuance. Pricing is subject to change throughout the duration of the Project or Enhancement at the discretion of the company due to material escalation of product costs.
Irrigation Modifications: Any necessary modifications to existing irrigation systems are not included in this work order. Such modifications, if required, will be billed separately on a time- and-materials basis at our current irrigation labor rate.

Scope of Work: Broken heads at the entrance off 395. Team will replace three heads with proper nozzles.
Materials needed will be (3) couplings, (2) six-inch heads, (1) four-inch head, and (2) VAN Nozzles for proper coverage.

Total:	$240.08	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	

Date	Trevor Knowles (GE)
7/22/2025	

Date	
	Green Earth Southeast, LLC.	
Nature Walk CDD	

Tab 11

Vehicle and Speed Violator Counts

Sandgrass

Speed Limit = 15 MPH

1600

1397

1400

1328

1378

1381

1200

1187

1193

1181

1000

800

600

400

200

30

28

33

30

40

38

30

0

Tuesday

Wednesday

Thursday

Friday

Saturday

Sunday

Monday

Week (7 days): 7/1/2025 - 7/7/2025

Tot. Vehicles	# Violators

Daily Average Speeds

Sandgrass

Speed Limit = 15 MPH

18

18

18

17.9

17.9

18

17.7

17.7

17.6

18

17

17

17.1

17

17

17

Tuesday

Wednesday

Thursday

Friday

Saturday

Sunday

Monday

Week (7 days): 7/1/2025 - 7/7/2025

Miles Per Hour

Number of Vehicles

Charts Report

Printed 7/22/2025	Page 1 of 4	

Daily Average Speeds vs. 85th Percentile Speeds

Avg. Speed

85th pct Speed

Sandgrass

Speed Limit = 15 MPH

30

25

20

15

10

5

0

Tuesday

Wednesday

Thursday

Friday

Saturday

Sunday

Monday

Week (7 days): 7/1/2025 - 7/7/2025

Miles Per Hour

17.6

24

17.9

24

18

24

17.1

23

17.9

24

17.7

24

17.7

24

Charts Report

Weekly Speed Summary - Vehicle Counts

Sandgrass

Speed Limit = 15 MPH

10000

9045

9000
8000

7666

7000
6000
5000
4000

3733

3000

2206

2000
1000

229

229

595

0

0

Total Daily
Vehicles

Speeders - AVG # Speeders > 5 # Speeders > 10

Speeders - PEAK # Speeders > 5 # Speeders > 10

Speed

MPH AVG

MPH AVG

Speed

MPH PEAK

MPH PEAK

Week (7 days): 7/1/2025 - 7/7/2025

Percentage of Vehicles Speeding

Sandgrass

Speed Limit = 15 MPH

4%

3.2%

3%

2.9%

2.5%

2.5%

3%

2.4%

2.1%

2.2%

2%

2%

1%

1%

0%

Tuesday

Wednesday

Thursday

Friday

Saturday

Sunday

Monday

Week (7 days): 7/1/2025 - 7/7/2025

Vehicle Count by Peak Speed Bins

Sandgrass

Speed Limit = 15 MPH

4500

3933

4000

3500

3138

3000

2500

2000

1500

1097

1000

543

500

282

39

7

4

1

0

0

5-10 MPH 11-15 MPH 16-20 MPH 21-25 MPH 26-30 MPH 31-35 MPH 36-40 MPH 41-45 MPH 46-50 MPH 51-55 MPH

Week (7 days): 7/1/2025 - 7/7/2025

Number of Vehicles

Charts Report

Vehicle Count by Avg. Speed Bins

Sandgrass

Speed Limit = 15 MPH

5000

4380

4500

4000

3500

3000

2500

2043

1977

2000

1500

1000

416

500

212

9

6

0

1

1

0

5-10 MPH 11-15 MPH 16-20 MPH 21-25 MPH 26-30 MPH 31-35 MPH 36-40 MPH 41-45 MPH 46-50 MPH 51-55 MPH

Week (7 days): 7/1/2025 - 7/7/2025

Avg. vs. Peak Speeds by Percentage
AVG	PEAK

Sandgrass

Speed Limit = 15 MPH

0.6

0.5

48.4%
43.5%

0.4

34.7%

0.3

22.6%

21.9%

0.2

12.1%

0.1

4.6%

3.1%

6.0%
2.3%

0.1%0.4%	0.1%0.1%	0.0%0.0%	0.0%0.0%	0.0%0.0%

0

Week (7 days): 7/1/2025 - 7/7/2025

Number of Vehicles

5-10 MPH

11-15 MPH

16-20 MPH

21-25 MPH

26-30 MPH

31-35 MPH

36-40 MPH

41-45 MPH

46-50 MPH

51-55 MPH

Charts Report

Tab 12

Bill to
NatureWalk CDD- Jenette Coram
Janette Coram

979.824.3901
JCoram@NatureWalkCDD.org

ESTIMATE
On Demand Paver Solutions OnDemandPavers@hotmail.com Crestview, 32636, Florida
United States

8502181835
www.OnDemandPavers.com

Estimate Number:	2367
Estimate Date:	July 25, 2025
Valid Until:	September 23, 2025

Grand Total (USD):	$1,875.00

Services

Quantity

Price

Amount

Repair
Scope of Work:
Releveling and resetting of a section of pavers located at the Bridge 1 west approach. Work includes removal of uneven pavers, regrading and compacting the base as needed, and reinstalling pavers to ensure a smooth, level surface consistent with surrounding areas.

$1,875.00	$1,875.00

Grand Total (USD):	$1,875.00

Notes/ Terms
ODP Terms & Conditions
Scope of Work: ODP will install pavers as detailed in the project proposal. Any changes to the project specifications must be authorized in writing.
Homeowner Responsibilities: The homeowner must inform ODP of any Homeowners Association (HOA) restrictions before project commencement. The homeowner is responsible for accurately identifying all underground utilities. ODP is not liable for damages resulting from inaccurate identification.
Project Alterations: Any alterations in project specifications, quantities, schedule, or other aspects requested or approved by the homeowner must be authorized in writing. Additional charges may apply for special order pavers (e.g., specific styles or colors).
Materials: Any remaining or unused materials will become the property of ODP unless otherwise agreed upon in writing.
Payment Terms: A 50% deposit is required prior to project commencement and before any materials are ordered. This deposit is non-refundable. The remaining balance is due upon project completion.
Accepted payment methods: cash, check, ACH, Venmo, and credit card. A 3.5% processing fee applies to all credit card payments.
Debris Disclaimer: ODP is not responsible for any dirt or debris that may enter the pool during pressure washing or paver installation. Pool protection and cleaning are the homeowner's responsibility.
Permits & Approvals: The homeowner is responsible for obtaining any necessary permits or approvals required for the project unless otherwise agreed upon in writing.
Unforeseen Conditions: If unforeseen conditions arise (e.g., unmarked utilities, tree roots, unstable soil, or hidden obstacles) that require additional labor or materials, a change order will be issued, and additional charges may apply.
Project Delays: While ODP strives to meet all project deadlines, we are not responsible for delays due to weather, supply chain issues, or other circumstances beyond our control.

Waste Cuts: An additional 5% is included in the project for waste cuts.
Acceptance of Terms: By accepting our proposal and proceeding with the project, the homeowner agrees to these terms and conditions.

Powered by1)/wave

Tab 13

Tab 14

NO STREET PARKING WITHIN NATUREWALK
VIOLATORS WILL BE TOWED

 Outlook

Re: NatureWalk CDD quote request

From Copy Systems lnbox <inbox@copysystemsbusinesscenter.com>
Date Mon 7/28/2025 2:11 PM
To	Janette Coram <JCoram@NatureWalkCDD.org>
Cc	Stephanie Deluna <SDeluna@rizzetta.com>; Heidi Jacobs <hjacobs@rizzetta.com>

 1 attachment (396 KB) No street parking.pdf;

Good Afternoon,
Please see the attached for your proof. The cost of this sign will be $45.
Please advise what email I need to send the invoice to. Once the invoice is paid we can get this into production.

Carman

From: Janette Coram <JCoram@NatureWalkCDD.org>
Sent: Monday, July 28, 2025 8:00 AM
To: Copy Systems lnbox <inbox@copysystemsbusinesscenter.com>
Cc: Stephanie Deluna <SDeluna@rizzetta.com>; Heidi Jacobs <hjacobs@rizzetta.com>
Subject: NatureWalk CDD quote request

Good morning, Carman. NatureWalk's HOA president Kerri Gerage gave me your contact information.

Would you be able to provide the NatureWalk CDD with a quote to replace the weathered sign pictured in the first attached photo before Weds, July 30? And may I please have a mockup?

Text:

NO STREET PARKING WITHIN
NATUREWALK

VIOLATERS WILL BE TOWED

Type:
Print Vinyl
18x18 Single Sided 12mm pvc - 2 holes

Style, colors, font, and Logo should match the EXAMPLE photo. Billing will be to the CDD:

NatureWalk Community Development District C/O: Rizzetta & Company
3434 Colwell Ave, Suite 200
Tampa, Florida 33614
Please let me know if you have any questions. Thanks!
Janette Coram
Chair, NatureWalk CDD 979-824-3901

NatureWalk CDD	(1) 18x18 3mm metal sign 3mm maxmetal (3m cast + gloss lam)
0
NO STREET PARKING WITHIN NATUREWALK
VIOLATORS WILL BE TOWED

0

MIKE'S

GRAPHICS

SIGNS

& PRINTING

- Remove old sign + install new

ESTIMATE
Fields Consulting Group, LLC	signsandgraphicsbymike@gmail.co
(dba. Mike's Signs)	m

11749 Crestridge Loop
New Port Richey, FL 34655-0017

+1 (727) 480-6514

Bill to
Rizzetta & Company NatureWalk CDD c/o Rizzetta & Co.
3434 Colwell Ave., Suite 200
Tampa, FL 33614

Estimate details
Estimate no.: 1723 Estimate date: 07/29/2025

P.O. Number: Per: Stephanie DeLuna
Sales Rep: Mike Fields

#	Product or service	Description	Qty	Rate	Amount

Install (Signage)	RUSH (July 30th) : "No Street Parking"	1	$150.00	$150.00
(18x18) custom 3mm maxmetal panel with gloss laminate. Includes the art setup, removal/disposal of old sign and install new sign using same hardware.

Total	$150.00

Accepted date	Accepted by

Tab 15

Water Management Agreement

Navarre Office 8307 E Bay Blvd Navarre, FL. 32566
(850) 939-5787
Navarre@lakedoctors.com www.lakedoctors.com

PG/717754/r
This Agreement, made this 	 day of 	 20	 is between The Lake Doctors, Inc., a
Florida Corporation, hereinafter called “THE LAKE DOCTORS” and
PROPERTY NAME (Community/Business/Individual)	
MANAGEMENT COMPANY	
INVOICING ADDRESS 	

CITY 	 STATE 	 ZIP 	 PHONE (	) 	
EMAIL ADDRESS 		EMAIL INVOICE: YES OR NO THIRD PARTY COMPLIANCE/REGISTRATION: YES OR NO	THIRD PARTY INVOICING PORTAL: YES OR NO
**If a Third Party Compliance/Registration or an Invoice Portal is required; it is the customer’s responsibility to provide the information.

Hereinafter called “CUSTOMER”	REQUESTED START DATE: 		
	PURCHASE ORDER #:		
The parties hereto agree to follows:		

THE LAKE DOCTORS agrees to manage certain lakes and/or waterways for a period of twenty-four (24) months (October 1, 2025-September 30, 2027, with a 3% increase on October 1, 2026) from the date of execution of this Agreement in accordance with the terms and conditions of this Agreement in the following location(s):
Twenty-three (23) ponds and three (3) fountains associated with Nature Walk CDD in Santa Rosa Beach, Florida. Full treatment on ponds 1, 4, 5, 7, 10, 11, 12, 13, 14 ,15, 16, 17, 21, 18, 18A, 23, 24, 25, 26, 27, 29; Ponds 19, 20, and 28 for colorant only due to lack of access. Customer understands that some of these ponds may have limited access and services will be performed to the best of our ability. Includes a minimum of twelve (12) inspections and/or treatments, as necessary, for control and prevention of noxious aquatic weeds and algae. Includes the monthly cleaning and adjustment of (3) fountains. Agreement does not include the removal of fountains. Parts and repair will be quoted separately from this agreement.
CUSTOMER agrees to pay THE LAKE DOCTORS, its agents or assigns, the following sum for specified aquatic management services:

1.	Underwater and Floating Vegetation Control Program	$	 768.00 Monthly		
2.	Shoreline Grass and Brush Control Program	$	 INCLUDED		
3.	Detailed Management Reports	$	 INCLUDED		
4.	Free Call Back Service	$	 INCLUDED		
5.	Monthly fountain cleaning	$	 184.00 Monthly		
Total of Services Accepted	$	 952.00 Monthly		

$952.00 of the above sum-total shall be due and payable upon execution of this Agreement, the balance shall be payable in advance in monthly installments of $952.00, including sales use taxes, fees or charges that are imposed by any governmental body relating to the service provided under this Agreement.
THE LAKE DOCTORS uses products which, in its sole discretion, will provide effective and safe results.

THE LAKE DOCTORS agrees to commence treatment within fifteen (15) business days, weather permitting, from the date of receipt of this executed Agreement plus initial deposit and/or required government permits.

The offer contained herein is withdrawn and this Agreement shall have no further force and effect unless executed and returned by CUSTOMER to THE LAKE DOCTORS on or before October 15, 2025.
The terms and conditions appearing on the reverse side form an integral part of this Agreement, and CUSTOMER hereby acknowledges that he has read and is familiar with the contents thereof. Agreement must be returned in its entirety to be considered valid.

THE LAKE DOCTORS, INC.	CUSTOMER
Signed		Signed 	Dated	
Pasco Gibson, Sales Manager	Name 	

TERMS AND CONDITIONS
The Underwater and Floating Vegetation Control Program will be conducted in a manner consistent with good water management practice using the following methods and techniques when applicable.
Periodic treatments to maintain control of noxious submersed, floating and emersed aquatic vegetation and algae. CUSTOMER understands that some beneficial vegetation may be required in a body of water to maintain a balanced aquatic ecological system.
Determination of dissolved oxygen levels prior to treatment, as deemed necessary, to ensure that oxygen level is high enough to allow safe treatment. Additional routine water analysis and/or bacteriological analysis may be performed if required for success of the water management program.
Where applicable, treatment of only one-half or less of the entire body of water at any one time to ensure safety to fish and other aquatic life. However, THE LAKE DOCTORS shall not be liable for loss of any exotic or non-native fish or vegetation. Customer must also notify THE LAKE DOCTORS if any exotic fish exist in lake or pond prior to treatment.
CUSTOMER understands and agrees that for the best effectiveness and environmental safety, materials used by THE LAKE DOCTORS may be used at rates equal to or lower than maximum label recommendations.
Triploid grass carp stocking, if included, will be performed at stocking rates determined the Florida Fish and Wildlife Conservation Commission permit guidelines.
CUSTOMER agrees to provide adequate access. Failure to provide adequate access may require re-negotiation or termination of this Agreement.
Control of some weeds may take 30-90 days depending upon species, materials used and environmental factors.
When deemed necessary by THE LAKE DOCTORS and approved by CUSTOMER, the planting and/or nurturing of certain varieties of plants, which for various reasons, help to maintain ecological balance.

Under the Shoreline Grass and Brush Control Program, THE LAKE DOCTORS will treat border vegetation to the water’s edge including, but not limited to torpedo grass, cattails, and other emergent vegetation such as woody brush and broadleaf weeds. Many of these species take several months or longer to fully decompose. CUSTOMER is responsible for any desired physical cutting and removal.

CUSTOMER agrees to inform THE LAKE DOCTORS in writing if any lake or pond areas have been or are scheduled to be mitigated (planted with required or beneficial aquatic vegetation). THE LAKE DOCTORS assumes no responsibility for damage to aquatic plants if CUSTOMER fails to provide such information in a timely manner. Emergent weed control may not be performed within mitigated areas, new or existing, unless specifically stated by separate contract or modification of this Agreement. CUSTOMER also agrees to notify THE LAKE DOCTORS, in writing, of any conditions which may affect the scope of work and CUSTOMER agrees to pay any resultant higher direct cost incurred.

If at any time during the term of this Agreement, CUSTOMER feels THE LAKE DOCTORS is not performing in a satisfactory manner, or in accordance with the terms of this Agreement, CUSTOMER shall inform THE LAKE DOCTORS, in writing, stating with particularity the reasons for CUSTOMER’S dissatisfaction. THE LAKE DOCTORS shall investigate and attempt to cure the defect. If, after 30 days from the giving of the original notice, CUSTOMER continues to feel THE LAKE DOCTORS performance is unsatisfactory, CUSTOMER may terminate this Agreement by giving notice (“Second Notice”) to THE LAKE DOCTORS and paying all monies owing to the effective date of termination. In this event, the effective date of termination shall be the last day of the month in which said second notice is received by THE LAKE DOCTORS.

Federal and State regulations require that various water time-use restrictions be observed during and following some treatments. THE LAKE DOCTORS will notify CUSTOMER of such restrictions. It shall be CUSTOMER responsibility to observe the restrictions throughout the required period. CUSTOMER understands and agrees that, notwithstanding any other provision of the Agreement, THE LAKE DOCTORS does not assume any liability for failure by any party to be notified of, or to observe, the above regulations.

THE LAKE DOCTORS shall maintain the following insurance coverage and limits: (a) Workman’s Compensation with statutory limits; (b) Automobile Liability; (c) Comprehensive General Liability, including Pollution Liability, Property Damage, Completed Operations and Product Liability. A Certificate of Insurance will be provided upon request. A Certificate of Insurance naming CUSTOMER as “Additional Insured” may be provided at CUSTOMER’S request. CUSTOMER agrees to pay for any additional costs of insurance requirements over and above that is provided by THE LAKE DOCTORS.

Neither party shall be responsible for damages, penalties or otherwise for any failure or delay in performance of any of its obligations hereunder caused by strikes, riots, war, acts of God, accidents, governmental orders and regulations, curtailment or failure to obtain sufficient material, or other force majeure condition (whether or not of the same class or kind as those set forth above) beyond its reasonable control and which, by the exercise of due diligence, it is unable to overcome. Should THE LAKE DOCTORS be prohibited, restricted or otherwise prevented or impaired from rendering specified services by any condition, THE LAKE DOCTORS shall notify CUSTOMER of said condition and of the excess direct costs arising there from. CUSTOMER shall have thirty (30) days after receipt of said notice to notify THE LAKE DOCTORS in writing of any inability to comply with excess direct costs as requested by THE LAKE DOCTORS.

CUSTOMER warrants that he or she is authorized to execute the Water Management Agreement on behalf of the riparian owner and to hold THE LAKE DOCTORS harmless for consequences of such service not arising out of the sole negligence of THE LAKE DOCTORS.

CUSTOMER understands that, for convenience, the annual investment amount has been spread over a twelve-month period and that individual monthly billings do not reflect the fluctuating seasonal costs of service. If CUSTOMER places their account on hold, an additional start-up charge may be required due to aquatic re-growth.

THE LAKE DOCTORS agrees to hold CUSTOMER harmless from any loss, damage or claims arising out of the sole negligence of THE LAKE DOCTORS. However, THE LAKE DOCTORS shall in no event be liable to CUSTOMER or others for indirect, special or consequential damages resulting from any cause whatsoever.

Upon completion of the term of this Agreement, or any extension thereof, this Agreement shall be automatically extended for a period equal to its original term unless terminated by either party. If required, THE LAKE DOCTORS may adjust the monthly investment amount after the original term. THE LAKE DOCTORS will submit written notification to CUSTOMER 30 days prior to effective date of adjustment. If CUSTOMER is unable to comply with the adjustment, THE LAKE DOCTORS shall be notified immediately in order to seek a resolution.

THE LAKE DOCTORS may cancel this agreement with or without cause by 30-day written notice to customer.

Should CUSTOMER become delinquent, THE LAKE DOCTORS may place the account on hold for non-payment and CUSTOMER will continue to be responsible for the monthly investment amount even if the account is placed on hold. Service may be reinstated once the entire past due balance has been received in full. Should it become necessary for THE LAKE DOCTORS to bring action for collection of monies due and owing under this Agreement, CUSTOMER agrees to pay collection costs, including, but not limited to, reasonable attorneys fee (including those on appeal) and court costs, and all other expenses incurred by THE LAKE DOCTORS resulting from such collection action.

This Agreement is assignable by CUSTOMER upon written consent by THE LAKE DOCTORS.

This Agreement constitutes the entire agreement of the parties hereto and shall be valid upon acceptance by THE LAKE DOCTORS Corporate Office. No oral or written alterations or modifications of the terms contained herein shall be valid unless made in writing and accepted by an authorized representative of both THE LAKE DOCTORS and CUSTOMER.

If Agreement includes trash/debris removal, THE LAKE DOCTORS will perform the following: removal of casual trash such as cups, plastic bags and other man-made materials up to 20 lbs. during regularly scheduled service visits. Large or dangerous items such as biohazards and landscape debris will not be included.

CUSTOMER agrees to reimburse THE LAKE DOCTORS for all processing fees for registering with third party companies for compliance monitoring services and/or invoicing portal fees.