Quail Roost Community Development District

December 20, 2019

Quail Roost
Community Development District

5385 N. Nob Hill Road, Sunrise, Florida 33351 Phone: 954-721-8681 - Fax: 954 -721-9202

December 12, 2019

Board of Supervisors Quail Roost
Community Development District

Dear Board Members:

The regular meeting of the Board of Supervisors of Quail Roost Community Development District will be held on December 20, 2019 at 10:30 a.m. at Lennar Homes, 730 NW 107th Avenue Suite 300, Miami, Florida. Following is the advance agenda:

1.	Roll Call

2.	Approval of Minutes of the October 18, 2019 Meeting

3.	Consideration of Resolution #2020-01 Authorizing District Counsel and District Staff to File a Petition with Miami-Dade County to Expand the Boundaries of the District

4.	Staff Reports
A.	Attorney

B.	Engineer

C.	Manager

5.	Financial Reports
A.	Approval of Check Run Summary

B.	Combined Balance Sheet

6.	Supervisors Requests and Audience Comments

7.	Adjournment

Meetings are open to the public and may be continued to a time, date and place certain. For more information regarding this COD please visit the website: http://www.quailroostcdd.com

MINUTES OF MEETING QUAIL ROOST
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Quail Roost Community Development District was held on Friday, October 18, 2019 at 10:30 a.m. at Lennar Homes, 730 NW 107th Avenue, Suite 300, Miami, Florida.

Present and constituting a quorum were:

Teresa Saluja Raisa Krause Carmen Orozco Yolexys Perez

Vice Chairman Assistant Secretary Assistant Secretary Assistant Secretary

Also present were:

Michael Pawelczyk Luis Hernandez

District Counsel District Manager

FIRST  ORDER OF BUSINESS	Roll Call
Mr. Hernandez called the meeting to order and stated we have a quorum.

SECOND  ORDER OF BUSINESS	Organizational Matters
A.	Acceptance of Resignation letter from Ms. Yolexys Perez
Mr. Hernandez: The second item on the agenda we have acceptance of the resignation letter from Yolexys Perez, and the first action would be for the Board to accept that resignation.

On MOTION by Ms. Saluja seconded by Ms. Orozco with all in favor, accepting the resignation of Ms. Yolexys Perez was approved.

B.	Consideration of Appointment of Supervisor to Unexpired Term  of Office (11/2020)
Mr. Hernandez: The Board has an option to appoint a Supervisor to fill the vacant  seat, and that was seat #5. Does  anyone have anyone  you would  like to appoint for seat  #5, I would appreciate a motion or a nomination for that seat.
Ms. Saluja: Motion to appoint Vanessa Perez.

On MOTION by Ms. Saluja seconded by Ms. Orozco with all in favor, appointing Vanessa Perez to fill the unexpired term of office, seat #5 expiring November, 2020 was approved.

C.	Oath of Office for Newly Appointed Supervisor
Mr. Hernandez: With that being said, I just want to indicate for the record before I move forward with the oath that Vanessa is serving on other District Boards, so there are several steps that I'm not going to be doing on the public record because of the prior knowledge, but it does not diminish the importance of the steps that we're taking, it's just for simplicity of the process. With that being said, since you are familiar with the process, I would appreciate it if you would just help us to fill in this document while I'm reading it. After I say the word "I" you would state your name for the record, and at the end I need you to indicate with whatever statement you want to make that you agree with the oath that I have just read, so "I".
Ms. Perez: "Vanessa Perez."
Mr. Hernandez: A resident of the State of Florida and citizen of the United States of America, being a Supervisor of the Quail Roost Community Development District and recipient of public funds on behalf of the District, do hereby solemnly swear or affirm that I will support the Constitution of the United States and of the State of Florida, and will faithfully, honestly, and impartially discharge the duties devolving upon me in the office of Supervisor of the Quail Roost Community Development District, Miami-Dade County, Florida.
Ms. Perez: "I do."
Mr. Hernandez: Thank you very much, and if we already have that on file, you just need to indicate that on the form as, "already on file", and then the date and that should be it. Now, you are familiar with the document that you need to file, Form 1?

2

Ms. Perez: Yes.
Mr. Hernandez: Here are the addresses of where you need to send that. Do you want to have an additional copy of the Sunshine rules and regulations?
Ms. Perez: Yes.
Mr. Hernandez: Just basically for you to know, the rule of thumb is that you are prohibited from meeting with other Supervisors to discuss matters that could affect the District outside a public meeting. Since you are involved with construction management in the HOA and so on, matters that are HOA have nothing to do with the COD, but anything that could potentially become an issue for the COD, you cannot discuss with them outside a public meeting.
Ms. Perez: Ok.
Mr. Hernandez: Whenever you are not certain, my recommendation would be to abstain from any conversation until you talk to either me or Mike and we can guide you as to what would be appropriate.
Ms. Perez: Ok.
Mr. Hernandez: With that being said, welcome aboard.

D.	Election of Officers
Mr. Hernandez: It is customary that after appointment of a new Supervisor, the election of the officers is revised. Prior to starting the meeting, we had Carolina Herrera as chairman, Teri Baluja as vice chairman, Raisa Krause and Carmen Orozco as assistant secretaries, and at this point you can rearrange that however you want. The intent at the end would be the election of officers that we need to have a chairman, a vice chairman and three assistant secretaries. There are three individuals that will continue to be part of the Board as they have already been elected and it's being suggested, one would be Patti Powers, she's the treasurer, one of the principals of GMS, the other one is Rich Hans, who will be an assistant secretary so that in the event that I'm not around he will be able to sign documents for the COD, and the third one would be me, Luis Hernandez as the secretary so that I can sign documents mainly for the adoption of the budgets and documents that need to be given to the county for the levy of assessments. With those indications being said, what do you want to do with the slate of officers?

3

Ms. Baluja: I think we can just put Vanessa in the seat that Yolexys was in as assistant secretary, and leave everything else the same.
Mr. Hernandez: Ok, perfect. So, with that being said, for clarity of the record it will be Carolina Herrera as the chairman, Teri Baluja as vice chairman, and the remainder of the Supervisors as assistant secretaries, and Patti Powers as the treasurer, Luis Hernandez as the secretary, and Rich Hans as an assistant secretary.

On MOTION by Ms. Baluja seconded by Ms. Orozco with all in favor, Election of Officers, keeping the existing officers the same and adding Vanessa Perez as an assistant secretary was approved.

THIRD  ORDER OF BUSINESS	Approval of the Minutes of the July
19, 2019 Meeting
Mr. Hernandez: Moving on, the next item on the agenda is the approval of the minutes of the July 19, 2019 meeting. This would be the time to make any changes, corrections, additions or deletions. If there are none, a motion to approve would be in order.

On MOTION by Ms. Baluja seconded by Ms. Orozco with all in favor, the Minutes of the July 19, 2019 Meeting were approved.

FOURTH  ORDER OF BUSINESS	Consideration  of  Engagement  Letter
with Grau & Associates to  perform the   Audit   for   Fiscal   Year    Ending
September 30, 2019
Mr. Hernandez: Item No. 4 is the consideration of the engagement letter with Grau & Associates to perform the audit for fiscal year ending September 30, 2019. I have reviewed the engagement letter, it fulfills the requirement as to the fees, therefore, recommendation from staff is to move forward and engage Grau & Associates.

On MOTION by Ms. Baluja seconded by Ms. Orozco with all in favor, accepting the engagement letter with Grau & Associates to perform the audit for Fiscal Year ending September 30, 2019 was approved.

4

FIFTH ORDER OF BUSINESS	Consideration
Maintenance with	Tony's Service, Corp.

of Services Nursery

Landscape Agreement & Garden

Mr. Hernandez: Then we have the landscape agreement and we have been using in the past, the developer as of now was the one paying all the District's expenses, as the District has already levied on the tax bill, and the District will be responsible, it becomes crucial to have this agreement formalized in the District's name. So, it's basically the same services they have been providing through the developer, and all I need at this point would be a motion to authorize entering into the landscape maintenance agreement with Tony's Nursery & Garden Service, Corp., and by making that motion authorizing the execution of the document.

On MOTION by Ms. Baluja seconded by Ms. Perez with all in favor, accepting the landscape maintenance services agreement with Tony's Nursery & Garden Service, Corp and authorizing the proper District officials to execute the document was approved.

SIXTH  ORDER OF BUSINESS	Staff Reports
Mr. Hernandez: Moving on, staff reports, Mr. Pawelczyk?

A.	Attorney
Mr. Pawelczyk: Nothing on Quail Roost, unless anyone has any questions.

B.	Engineer
Mr. Hernandez: As for the engineer, there is nothing to indicate but just for keeping the Board posted on one of the items, it is my understanding that the District is working towards annexing some parcels. So, just for the Board to be aware of, there is a process being undertaken as of this point by the landowners in adjacent parcels where they're trying to annex to the District. If any actions are required by the Board, I will come to see you at that time, but as of this point I want to let the record reflect and make the Board aware that is taking place.
Mr. Pawelczyk: So, if they do choose to do that, we'll bring back a resolution authorizing this, filing a petition, etc.
Mr. Hernandez: Correct.

5

C.	Manager - Discussion of Annexation to the District
Mr. Hernandez: I have nothing else to report as for the manager.

SEVENTH ORDER OF BUSINESS	Financial Reports
A.	Approval of Funding Requests #12 & #13
B.	Combined Balance Sheet
Mr. Hernandez:	Moving on, we have financial reports, approval of the funding requests #12 and #13.

On MOTION by Ms. Baluja seconded by Ms. Orozco with all in favor, Funding Requests #12 and #13 were approved.

Mr. Hernandez: Then after that under tab B you have the combined balance sheet. Unless anyone has any questions, a motion to accept the combined balance sheet would be in order.

On MOTION by Ms. Baluja seconded by Ms. Orozco with all in favor, the Combined Balance Sheet was approved.

EIGHTH  ORDER OF BUSINESS	Supervisors	Requests	and
Audience Comments
Mr. Hernandez: Are there any Supervisors requests at this time? I want to indicate for the record that we have no audience here today.

NINTH ORDER OF BUSINESS	Adjournment
Mr. Hernandez: Unless anyone has any other District business to discuss, a motion to adjourn would be in order.

On MOTION by Ms. Baluja seconded by Ms. Orozco with all in favor, the Meeting was adjourned.

Secretary /Assistant Secretary	Chairman / Vice Chairman

6

RESOLUTION  NO. 2020-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE QUAIL ROOST COMMUNITY  DEVELOPMENT  DISTRICT  AUTHORIZING DISTRICT COUNSEL AND DISTRICT STAFF TO FILE A PETITION WITH MIAMI-DADE COUNTY, FLORIDA TO EXPAND THE BOUNDARIES OF THE DISTRICT; AND PROVIDE AN EFFECTIVE DATE.

WHEREAS, Quail Roost Community Development District ("District") has received a request from the landowners of adjacent parcels, that the landowners' parcels be annexed into the District; and

WHEREAS, the District Board of Supervisors ("Board") has determined that it is in the best interests of the District and its residents to expand the boundaries of the District; and

WHEREAS, pursuant to Section 190.046, Florida Statutes, the District Board proposes to expand the District by approximately 55.81 +/- acres.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE QUAIL ROOST COMMUNITY DEVELOPMENT DISTRICT, THAT:

SECTION 1. The foregoing recitals clauses are true and correct and are hereby incorporated into this Resolution by reference.

SECTION 2. The District hereby authorizes, ratifies and confirms the filing with Miami­ Dade County, Florida, of a petition to expand the boundaries of the District to include the area described in Exhibit "A" attached hereto (the "Expansion Area"), all in accordance with Section 190.046, Florida Statutes.

SECTION 3. The proper District officials are hereby authorized and directed to take all steps necessary to effectuate the intent of this Resolution.

SECTION 4. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict.

SECTION 5. If any clause, section or other part or application of this Resolution is held by court of competent jurisdiction to be unconstitutional or invalid, in part or as applied, it shall not affect the validity of the remaining portions or applications of this Resolution.

SECTION 6. This Resolution shall take effect upon adoption.

THIS RESOLUTION WAS PASSED AND ADOPTED THIS
 	,2019	

DAYOF

QUAIL ROOST COMMUNITY DEVELOPMENT DISTRICT

By: 	_ Secretary/Assistant Secretary

By: 	_ Chairperson/Vice Chairperson

Exhibit "A"

CAPLE NORTH & SOUTH PARCELS

PARCEL 1:

THE WEST 720.19 FEET OF LOT 1, LESS THE NORTH 20 FEET THEREOF, AND THE NORTH 21.69 FEET OF THE WEST 720.19 FEET OF LOT 4, ALL LYING IN THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, OF TROPICO, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2 AT PAGE 57 OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA.

AND FURTHER EXCEPTING THEREFROM, THAT PORTION OF THE ABOVE DESCRIBED PARCEL OF LAND CONVEYED TO MIAMI-DADE COUNTY, FLORIDA, BY RIGHT-OF-WAY DEED RECORDED JUNE 25, 2003, IN OFFICIAL RECORDS BOOK 21368, PAGE 4039, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

THAT PORTION OF LOT 1 IN THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, TROPICO, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 2 AT PAGE 57 OF THE PUBLIC RECORDS OF MIAMI­ DADE COUNTY, FLORIDA, WHICH LIES WITHIN THE EXTERNAL AREA FORMED BY A 25 FOOT RADIUS ARC CONCAVE TO THE SOUTHEAST, TANGENT TO THE WEST LINE OF SAID LOT 1, AND TANGENT TO THE SOUTH LINE OF THE NORTH 20 FEET OF SAID LOT 1.

AND

THAT PORTION OF LOT 1 IN THE NORTHWEST OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, TROPICO, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 2 AT PAGE 57 OF THE PUBLIC RECORDS OF MIAMI­ DADE COUNTY, FLORIDA, WHICH LIES WITHIN THE EXTERNAL AREA FORMED BY A 25 FOOT RADIUS ARC CONCAVE TO THE SOUTHWEST, TANGENT TO THE EAST LINE OF SAID LOT 1, AND TANGENT TO THE SOUTH LINE OF THE NORTH 20 FEET OF SAID LOT 1.

PARCEL 2:

ALL OF LOT 2 IN THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, OF THE SUBDIVISION OF TROPICO, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2 AT PAGE 57, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, LESS THE EAST 547 FEET OF WEST 782 FEET THEREOF, AND LESS THE WEST 195 FEET AND THE NORTH 20 FEET THEREOF.

AND FURTHER EXCEPTING THEREFROM, THAT PORTION OF THE ABOVE DESCRIBED PARCEL OF LAND CONVEYED TO THE CENTRAL AND SOUTHERN FLORIDA FLOOD CONTROL DISTRICT, BY WARRANTY DEED DATED  DECEMBER 14, 1960, RECORDED IN OFFICIAL RECORDS BOOK 2410, PAGE 62,  OF  THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

ALL THAT PART OF LOTS 2, 3, 6 AND 7, TROPICO, A SUBDIVISION IN THE NORTHWEST ONE-QUARTER (NORTHWEST 1/4) OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2, PAGE 57, MIAMI-DADE COUNTY, FLORIDA, PUBLIC RECORDS, LYING WESTERLY OF THE FOLLOWING SPECIFICALLY DESCRIBED LINE:

FROM THE NORTHWEST (NW) CORNER OF SAID SECTION 2, BEAR NORTH 87 DEGREES 43 MINUTES 43 SECONDS EAST, ALONG THE NORTH LINE OF SAID SECTION 2, A DISTANCE OF 195.02 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 3 DEGREES 05 MINUTES 28 SECONDS EAST, A DISTANCE OF 1.01 FEET; THENCE SOUTH O DEGREES 51 MINUTES 29 SECONDS EAST, A DISTANCE OF 1199.11 FEET TO THE POINT OF CURVATURE OF A CURVE TO THE LEFT, HAVING  A CENTRAL ANGLE OF 51 DEGREES 00 MINUTES 31 SECONDS AND A RADIUS OF
320.00 FEET; THENCE SOUTHEASTERLY, ALONG THE ARC OF SAID CURVE, TO THE INTERSECTION THEREOF WITH THE SOUTH LINE OF SAID LOT 7 AND THE END OF THE SPECIFICALLY DESCRIBED LINE.

LESS, HOWEVER, THE NORTH 20 FEET OF SAID LOT 2 AND ALSO LESS THE WEST 35 FEET OF SAID LOTS 2, 3, 6 AND 7.

AND FURTHER EXCEPTING THEREFROM, THAT PORTION OF THE ABOVE DESCRIBED PARCEL OF LAND CONVEYED TO MIAMI-DADE COUNTY, FLORIDA,

BY RIGHT-OF-WAY DEED RECORDED JUNE 25, 2003, IN OFFICIAL RECORDS BOOK 21368, PAGE 4036, 0 F THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

THAT PORTION OF LOT 2 IN THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, TROPICO, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 2 AT PAGE 57 OF THE PUBLIC RECORDS OF MIAMI­ DADE COUNTY, FLORIDA, WHICH LIES WITHIN THE EXTERNAL AREA FORMED BY A 25 FOOT RADIUS ARC CONCAVE TO THE SOUTHWEST, TANGENT TO THE EAST LINE OF SAID LOT 2, AND TANGENT TO THE SOUTH LINE OF THE NORTH 20 FEET OF THE SAID LOT 2.

PARCEL 3:

THE EAST 547 FEET OF THE WEST 782 FEET OF LOT 2 IN THE NORTHWEST 1/2 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, OF THE SUBDIVISION OF TROPICO, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2, AT PAGE 57, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA.

EXCEPTING THEREFROM, THAT PORTION OF THE ABOVE  DESCRIBED  PARCEL OF LAND CONVEYED TO MIAMI-DADE COUNTY, FLORIDA, BY RIGHT-OF-WAY  DEED DATED MARCH 2, 1939, RECORDED IN DEED BOOK 1950, PAGE436, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

NORTH TWENTY (20) FEET OF LOTS ONE (1) AND TWO (2) IN NORTHWEST 1/4 OF TROPICO, ACCORDING TO PLAT THEREOF RECORDED IN PLAT BOOK 2, PAGE 57, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, IN SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST.

AND FURTHER EXCEPTING THEREFROM, THAT PORTION OF THE ABOVE DESCRIBED PARCEL OF LAND CONVEYED TO CENTRAL AND  SOUTHERN FLORIDA FLOOD CONTROL DISTRICT, BY WARRANTY DEED  DATED DECEMBER 14, 1960, RECORDED IN OFFICIAL RECORDS BOOK 2410, PAGE 62,  OF  THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

ALL THAT PART OF LOTS 2, 3, 6 AND 7, TROPICO, A SUBDIVISION IN THE NORTHWEST ONE-QUARTER (NW 1/4) OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2, PAGE 57, MIAMI-DADE COUNTY, FLORIDA, PUBLIC RECORDS, LYING WESTERLY OF THE FOLLOWING SPECIFICALLY DESCRIBED LINE:

FROM THE NORTHWEST (NW) CORNER OF SAID SECTION 2, BEAR NORTH 87 DEGREES 43 MINUTES 43 SECONDS EAST, ALONG THE NORTH LINE OF SAID SECTION 2, A DISTANCE OF 195.02 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 3 DEGREES 05 MINUTES 28 SECONDS EAST, A DISTANCE OF 1.01 FEET; THENCE SOUTH O DEGREES 51 MINUTES 29 SECONDS EAST, A DISTANCE OF 1199.11 FEET TO THE POINT OF CURVATURE  OF A CURVE TO THE LEFT, HAVING A CENTRAL ANGLE OF 51 DEGREES 00 MINUTES 31 SECONDS AND A RADIUS OF
320.00 FEET; THENCE SOUTHEASTERLY, ALONG THE ARC OF SAID CURVE, TO THE INTERSECTION THEREOF WITH THE SOUTH LINE OF SAID LOT 7 AND THE END OF THE SPECIFICALLY DESCRIBED LINE.

LESS, HOWEVER, THE NORTH 20 FEET OF SAID LOT 2 AND ALSO LESS THE WEST 35 FEET OF SAID LOTS 2, 3, 6 AND 7.

AND FURTHER EXCEPTING THEREFROM, THAT PORTION OF THE ABOVE DESCRIBED PARCEL OF LAND CONVEYED TO MIAMI-DADE COUNTY, FLORIDA, BY RIGHT-OF-WAY DEED DATED JUNE 23, 1971, RECORDED IN OFFICIAL RECORDS BOOK 7371, PAGE 455, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

THAT PORTION OF THE EAST 547.00 FEET OF THE WEST 782.00 FEET OF LOT 2, OF "PLAT OF A PORTION OF TROPICO", AS RECORDED IN PLAT BOOK 2, PAGE 57, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, THAT LIES WITHIN THE SOUTH 5.00 FEET OF THE NORTH 40.00 FEET OF THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, MIAMI-DADE COUNTY, FLORIDA.

AND FURTHER EXCEPTING THEREFROM, THAT PORTION OF THE ABOVE DESCRIBED PARCEL OF LAND CONVEYED TO MIAMI-DADE  COUNTY,  FLORIDA, BY RIGHT-OF-WAY DEED DATED AUGUST 30, 2001, IN OFFICIAL RECORDS BOOK

21368, PAGE 4036, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

THAT PORTION OF LOT 2 IN THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, TROPICO, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 2 AT PAGE 57 OF THE PUBLIC RECORDS OF MIAMI­ DADE COUNTY, FLORIDA, WHICH LIES WITHIN THE EXTERNAL AREA FORMED BY A 25 FOOT RADIUS ARC CONCAVE TO THE SOUTHWEST, TANGENT TO THE EAST LINE OF SAID LOT 2 AND TANGENT TO THE SOUTH LINE OF THE NORTH 20 FEET OF THE SAID LOT 2.

PARCEL 4:

THE WEST 1/2 OF LOT 3 IN THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, PLAT OF PORTION OF TROPICO, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 2 AT PAGE 57 OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, LESS BLACK CREEK CANAL R/W.

AND FURTHER EXCEPTING THEREFROM, THAT PORTION OF THE ABOVE DESCRIBED PARCEL OF LAND CONVEYED TO MIAMI-DADE COUNTY, FLORIDA, BY RIGHT-OF-WAY DEED DATED MARCH 2, 1939, RECORDED IN DEED BOOK 1950, PAGE 436, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

THE WEST THIRTY FIVE (35) FEET OF THE WEST 1/2 OF LOTS THREE (3), SIX (6) AND SEVEN (7) IN NORTHWEST 1/4 OF TROPICO, ACCORDING TO THE PLAT THEREOF RECORDED IN PLAT BOOK 2, PAGE 57, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, IN SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST.

AND FURTHER EXCEPTING THEREFROM, THAT PORTION OF THE ABOVE DESCRIBED PARCEL OF LAND CONVEYED TO THE CENTRAL AND SOUTHERN FLORIDA FLOOD CONTROL DISTRICT, BY WARRANTY DEED DATED  DECEMBER 14, 1960, RECORDED IN OFFICIAL RECORDS BOOK 2410, PAGE 62, OF  THE  PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

ALL THAT PART OF LOTS 2, 3, 6 AND 7, TROPICO, A SUBDIVISION IN THE NORTHWEST ONE-QUARTER (NW 1/4) OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2, PAGE 57, MIAMI-DADE COUNTY, FLORIDA, PUBLIC RECORDS, LYING WESTERLY OF THE FOLLOWING SPECIFICALLY DESCRIBED LINE:

FROM THE NORTHWEST (NW) CORNER OF SAID SECTION 2, BEAR NORTH 87 DEGREES 43 MINUTES 43 SECONDS EAST, ALONG THE NORTH LINE OF SAID SECTION 2, A DISTANCE OF 195.02 FEET TO THE POINT OF BEGINNING; THENCE SOUTH 3 DEGREES 05 MINUTES 28 SECONDS EAST, A DISTANCE OF 1.01 FEET; THENCE SOUTH O DEGREES 51 MINUTES 29 SECONDS EAST, A DISTANCE OF 1199.11 FEET TO THE POINT OF CURVATURE  OF A CURVE TO THE LEFT, HAVING A CENTRAL ANGLE OF 51 DEGREES 00 MINUTES 31 SECONDS AND A RADIUS OF
320.00 FEET; THENCE SOUTHEASTERLY, ALONG THE ARC OF SAID CURVE, TO THE INTERSECTION THEREOF WITH THE SOUTH LINE OF SAID LOT 7 AND THE END OF THE SPECIFICALLY DESCRIBED LINE.

LESS, HOWEVER, THE NORTH 20 FEET OF SAID LOT 2 AND ALSO LESS THE WEST 35 FEET OF SAID LOTS 2, 3, 6 AND 7.

PARCEL 5:

THAT PORTION LYING EAST OF CANAL C1 WRIGHT OF WAY LINE OF TRACT 11, LESS THE NORTH 65.6 FEET IN TROPICO SUBDIVISION IN THE NORTHWEST 1/4 (NW 1/4) IN SECTION TWO (2), TOWNSHIP FIFTY-SIX (56) SOUTH, RANGE THIRTY­ NINE (39) EAST AS RECORDED IN PLAT BOOK 2 AT PAGE 57, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA.

PARCEL 6:

THE SOUTH 1/2 OF THE WEST 1/2 OF TRACT 12, IN THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, IN PLAT OF PORTION OF TROPICO, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2, PAGE 57, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA.

PARCEL 7:

THE WEST 1/2 OF TRACT 13 IN THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, AS SHOWN ON PLAT OF PORTION OF TROPICO, AS RECORDED IN PLAT BOOK 2 AT PAGE 57, OF THE PUBLIC RECORDS OF MIAMI­ DADE COUNTY, FLORIDA, LESS THE WEST 25 FEET FOR ROAD PURPOSES AND LESS THE BLACK CREEK CANAL RIGHT-OF-WAY.

AND

THE WEST 1/2 OF TRACT 14 IN THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, AS SHOWN ON PLAT OF PORITON OF TROPICO, AS RECORDED IN PLAT BOOK 2 AT PAGE 57, OF THE PUBLIC RECORDS OF MIAMI­ DADE COUNTY, FLORIDA, LESS THE WEST 25 FEET FOR ROAD PURPOSES AND LESS THE BLACK CREEK CANAL RIGHT-OF-WAY.

PARCEL 8:

THAT PORTION OF THE NORTH HALF (N 1/2) OF THE NORTHEAST 1/4 (NE 1/4) OF THE SOUTHWEST 1/4 (SW 1/4) OF THE NORTHWEST 1/4 (NW 1/4) OF SECTION TWO (2), TOWNSHIP 56 SOUTH, RANGE 39 EAST, LYING NORTHEASTERLY OF BLACK CREEK CANAL RIGHT OF WAY, MIAMI-DADE COUNTY, FLORIDA.

EXCEPTING THEREFROM, THAT PORTION OF THE ABOVE DESCRIBED PARCEL OF LAND CONVEYED TO MIAMI-DADE COUNTY, FLORIDA, BY RIGHT-OF-WAY DEED DATED MARCH 11, 1971, RECORDED IN OFFICIAL RECORDS BOOK 7196, PAGE 174, OF THE PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA, MORE PARTICULARLY DESCRIBED AS FOLLOWS:

THE EAST 25 FEET OF THE NORTH 1/2 OF THE NORTHEAST 1/4 OF THE SOUTHWEST 1/4 OF THE NORTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, MIAMI-DADE COUNTY, FLORIDA.

PARCEL 9:

THAT PORTION OF THE SOUTH HALF (S 1/2) OF THE NORTHEAST 1/4 (NE 1/4) OF THE SOUTHWEST 1/4 (SW 1/4) OF THE NORTHWEST 1/4 (NW 1/4) OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, LYING NORTHEASTERLY OF BLACK CREEK CANAL RIGHT-OF-WAY, MIAMI-DADE COUNTY, FLORIDA.

CAPLE TWO PARCELS

PARCEL A:

THE WEST 1/2 OF THE EAST 1/2 OF THE NORTHEAST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, MIAMI-DADE COUNTY, FLORIDA, LYING NORTHEASTERLY OF BLACK CREEK CANAL.

LESS AND EXCEPT THE EAST 131 FEET, AS MEASURED ALONG THE NORTH LINE, OF THE NORTH 331 FEET AS MEASURED ALONG THE EAST LINE OF THE WEST 1/2 OF THE EAST 1/2 OF THE NORTHEAST 1/4 OF THE SOUTHWEST 1/4 OF SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, MIAMI-DADE COUNTY, FLORIDA.

LESS AND EXCEPT THE NORTH 35.00 FEET THEREOF DEDICATED FOR RIGHT­ OF-WAY PER DEED BOOK 1907 AT PAGE 210, PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA.

PARCEL B:

PARCEL 1:

THAT PORTION OF THE NORTHWEST 1/4 OF THE NORTHEAST 1/4 OF THE SOUTHWEST 1/4, LYING NORTHEAST OF THE C-I W CANAL RIGHT OF WAY LINE, SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, MIAMI-DADE COUNTY, FLORIDA.

LESS AND EXCEPT THE NORTH 35.00 FEET THEREOF.

PARCEL 2:

THE EAST 1/2 OF THE EAST 1/2 OF THE WEST 1/2 OF TRACTS 15 AND 16, BLOCK 2, IN THE NW 1/4 IN SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, PLAT OF PORTION OF TROPICO, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2, PAGE 57, PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA.

LESS AND EXCEPT THE SOUTH 35.00 FEET THEREOF.

PARCEL 3:

THE WEST 1/2 OF THE EAST 1/2 OF THE WEST 1/2 OF TRACTS 15 AND 16, BLOCK 2, IN THE NW 1/4 IN SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, PLAT OF PORTION OF TROPICO, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2, PAGE 57, PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA.

LESS AND EXCEPT THE SOUTH 35.00 FEET THEREOF.

PARCEL 4:

THE WEST 1/2 OF THE WEST 1/2 OF TRACTS 15 AND 16, BLOCK 2, IN THE NW 1/4 IN SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, PLAT OF PORTION OF TROPICO, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2, PAGE 57, PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA. LYING NORTHEAST AND EAST OF THE C-I W CANAL RIGHT-OF-WAY LINE.

LESS AND EXCEPT THE SOUTH 35.00 FEET THEREOF.

PARCEL C:

THE WEST 1/2 OF THE EAST 1/2 OF TRACTS 15 AND 16, BLOCK 2, IN THE NW 1/4 IN SECTION 2, TOWNSHIP 56 SOUTH, RANGE 39 EAST, PLAT OF PORTION OF TROPICO, ACCORDING TO THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 2, PAGE 57, PUBLIC RECORDS OF MIAMI-DADE COUNTY, FLORIDA.

LESS AND EXCEPT THE SOUTH 35.00 FEET THEREOF.

QUAIL ROOST
COMMUNITY DEVELOPMENT DISTRICT

Check Run Summary

Date	Check Numbers	Amount	
10/01/19	44-48	$14,268.38	
11/18/19	49-53	$11,217.38	
11/25/19	54	$175.00	

Total	$25,660.76

CHECK DATE

VEND#

.....INVOICE.....
DATE	INVOICE

...EXPENSED TO... YRMO	DPT ACCT# SUB

SUBCLASS

VENDOR NAME

STATUS

AMOUNT	....CHECK.....
AMOUNT	#

10/01/19 00002

9/04/19 422775-0 201909 310-51300-48000
NOTICE OF MEETING DATES
ALM MEDIA, LLC

10/01/19	00006	7/31/19	

10/01/19	
00007	
9/16/19	

- - - - -
10/01/19	
- - -
00001	
- - - -
9/01/19	
		9/01/19	
		9/01/19	
		9/01/19	
		9/01/19	

10/01/19	

00012	

9/06/19	

11/18/19	
00003	
10/07/19	

157547	201907 310-51300-31500
JUL 19 - ATTORNEY FEES

*	94.75

-   -   -     -     -   -   -   -   - -
1,102.00

94.75 000044

9664

BILLING COCHRAN LYLES MAURO

201910 310-51300-45000

1,102.00 000045
- - - - - - - - - - - - - - -
*	5,125.00

FY2020 INSURANCE RENEWAL
-

EGIS INSURANCE ADVISORS, LLC

5,125.00 000046
- - - - - - - - - - - - - - -

21
SEP 21
SEP 21
SEP 21
SEP 21
SEP

201909 310-51300-34000
19 - MGMT FEES
201909 310-51300-31300
19 - DISSEMINATION
201909 310-51300-51000
19 - OFFICE  SUPPLIES 201909 310-51300-42000
19 - POSTAGE
201909 310-51300-42500
19 - COPIES

*	1,833.33
100.00

.15

*	5.35
7.80

GMS-SF, LLC

39090619 201909 320-53800-46200
JUN-SEP 19 - LAWN SERVICE
TONY'S NURSERY & GARDEN

5276	201909 310-51300-31100
ENGINEER SV THRU 09/19

1,946.63 000047
- - - - - - - - - - - - - - -
*	6,000.00
6,000.00 000048
- - - - - - - - - - - - - - -
*	94.00

11/18/19 00006

ALVAREZ ENGINEERS, INC

	500.00		

COCHRAN	

LYLES	

MAURO	*	638.00	

1,138.00	

000050	
		2,000.00			
	*	100.00			
	*	83.33			
	*	3.00			

8/31/19 158133	201908 310-51300-31500
AUG 19 - ATTORNEY FEES
9/30/19 158729	201909 310-51300-31500
SEP 19 - ATTORNEY FEES

- - - - - - - - - -

94.00 000049

- - - - - - - - - - - - -
11/18/19 00001	10/01/19 22
OCT 10/01/19 22
OCT 10/01/19 22
OCT 10/01/19 22
OCT

BILLING

201910 310-51300-34000
19 - MGMT FEES
201910 310-51300-31300
19 - DISSEMINATION
201910 310-51300-49500
19 - WEBSITE ADMIN
201910 310-51300-51000
19 - OFFICE SUPPLIES

QUAI -QUAIL ROOST-	ACOOPER

DATE	DATE	
	10/01/19	
	10/01/19	
	11/01/19	
	11/01/19	
	11/01/19	
	11/01/19	
	11/01/19	
	11/01/19	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS

19	-	
19	-	
19	-	
19	-	
19	-	
19	-	
19	-	
19
- -	-	

22	201910 310-51300-42000	*

AMOUNT

1.00

....CHECK.....
AMOUNT	#

OCT	POSTAGE

22	201910 310-51300-42500	*

1.65

OCT	COPIES

23	201911 310-51300-34000	*

2,000.00

NOV	MGMT FEES

23	201911 310-51300-31300	*

100.00

NOV	DISSEMINATION

23	201911 310-51300-49500	*

83.33

NOV	WEBSITE ADMIN

23	201911 310-51300-51000	*

17.50

NOV	OFFICE SUPPLIES

23	201911 310-51300-42000	*

1.84

NOV	POSTAGE

23	201911 310-51300-42500	*

53.10

NOV

COPIES/PRINTS

GMS-SF, LLC

4,444.75 000051

-    -   -   -   -   -    -     -     -   -   - -  -	-  -  -    -  -  -  -  -    -    -  -  -  -  -  -    -  -  -  -  -    -    -  -	- - - - -

11/18/19 00012	11/01/19 39110119 201911 320-53800-46200	*
NOV 19 - LAWN SERVICE

1,500.00

TONY'S NURSERY & GARDEN
-   -   -     -   -   -   -   -     -     -     - -  -	-   -   -   -   -   -   - -  -	- - - - - - - - - - - - - - - - -

11/18/19	00013	9/25/19	

11/25/19	
00005	
10/01/19	

5499781	201910 310-51300-32300	*
FY2020 TRUSTEE FEES

4,040.63

1,500.00 000052

74722

U.S. BANK

201910 310-51300-54000

175.00

4,040.63 000053

SPECIAL DISTRICT FEE FY20

DEPARTMENT OF ECONOMIC OPPORTUNITY

TOTAL FOR BANK A TOTAL FOR REGISTER

25,660.76

25,660.76

175.00 000054

QUAI -QUAIL ROOST-	ACOOPER

Quail Roost
Community Development District Tax Collections
Fiscal Year Ending September 30, 2020

001.300.363.100	021.700.363.100

 On Roll Assessments:	

Date	Gross Tax	Discounts/	Commissions    Interest	Net Amount
 	Received		Received	(Penalties)	Received

$	67,284.59

$	133,195.70	$	200,480.29	
$	141,697.55	$	213,276.90	
	Debt		Total	

$	71,579.35
General
Fund	Series 2018
33.56%	66.44%	100.00%

11/15/2019  $	10,036.56   $	401.46   $	96.35   $	$	9,538.75 .
11/27/2019  $	2,509.14   $	100.37   $	24.09   $	$	2,384.68
12/6/2019  $	168,112.38   $	6,724.58   $	1,613.88   $	$	159,773.92

$	3,201.37   $	6,337.38   $	9,538.75
$	800.34   $	1,584.34   $	2,384.68
$	53,622.84   $	106,151.08   $	159,773.92

$	·$	$	$
$	' $	$	$

$
$
$

$
$	I	$
$	$
$	
$		$	$	
$		$	$	
$	..	$	$	$	
$
$	,	;  $
ifil•i $	$
$	$
$	

$	1$
.

$	$	$
$	$	$
$	$	$
$	$
$

,       ili  $

••

1:

$

$	.,,,. $	$	$

1:

$	$
$	$	$
$	$	$

I

$	-	:· m,.  $	$	$
TOTALS	$	180,658.08   $	7,226.41   $	1,734.32   $	$	171,697.35111 $	57,624.55   $	114,072.80   $	171,697.35

84.71%
YTD gross collections		$	60,631.92	$	120,026.16	$	180,658.08	
Remaining gross to collect		$	10,947.43	$	21,671.39	$	32,618.82	
Commissions		$	582.07	$	1,152.25	$	1,734.32	
Discount/Penalties		$	2,425.31	$	4,801.10	$	7,226.41	
Interest		$	-	$	-	$	-	
YTD Net Collections		$	57,624.55	$	114,072.80	$	171,697:35	

To Debt Service	V#
Series 2019

Bal to Transfer
00:1.300207'00:10100

   $	
$	114,072.80

QUAIL ROOST
COMMUNITY DEVELOPMENT DISTRICT
COMBINED BALANCE SHEET
November 30, 2019

	Governmental Fund T	es		Totals	
	Debt		Capital	Governmental	
	General	Service		Projects	Funds	
Assets						
Cash Investments:
Reserve	$19,197	

$26,923			$19,197

$26,923	
Revenue		$84,471			$84,471	
Acquisition & Construction				$12,980	$12,980	
Due from General Fund		$6,337			$6,337	
Total Assets	$19,197	$117,731		$12,980	$149,908	

Liabilities
Accounts Payable	

$1,903				

$1,903	
Due to Developer	$15,110				$15,110	
Due to Debt Service	$6,337				$6,337	
Total Liabilities	$23,351	$0		$0	$23,351	

Fund Balances						
Unassigned for Debt Service		$117,731			$117,731	
Unassigned for Capital Projects				$12,980	$12,980	
Unassigned	 	($4,153)		($4,153)	

Total Liabilities & Fund Balances	
$19,197	
$117,731	
$12,980	
$149,908	

Page 1

GENERAL FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ended November 30, 2019

	ADOPTED BUDGET	PRORATED BUDGET THRU 11/30/19	ACTUAL THRU 11/30/19	
VARIANCE	
Revenues					
Maintenance Assessments	$68,000	$3,201	$3,201	$0	
Developer Contributions	$1,770	$0	$0	$0	
Total Rvenues	$69,770	$3,201	$3,201	$0	

Expenditures					
Administrative:					
Engineering Fees	$1,500	$250	$670	($420)	
Arbitrage	$600	$0	$0	$0	
Dissemination	$1,200	$200	$200	$0	
Attorney Fees	$7,500	$1,250	$1,189	$61	
Annual Audit	$3,300	$3,300	$0	$3,300	
Trustee Fees	$3,750	$0	$4,041	($4,041)	
Management Fees	$24,000	$4,000	$4,000	$0	
Postage	$200	$33	$47	($13)	
Printing & Binding	$175	$29	$55	($26)	
Insurance	$5,500	$5,500	$5,125	$375	
Legal Advertising	$750	$125	$0	$125	
Other Current Charges	$6,220	$1,037	$65	$972	
Website Compliance	$1,000	$167	$167	$0	
Office Supplies	$100	$17	$21	($4)	
Dues, Licenses & Subscriptions	$175	$175	$175	$0	
Total Administrative	$55,970	$16,083	$15,753	$330	
Maintenance:					
Landscape Maintenance	$12,000	$2,000	$1,500	$500	
Wall Maintenance	$1,800	$300	$0	$300	
Total Maintenance	$13,800	$2,300	$1,500	$800	
					
Total Expenditures	$69,770	$18,383	$17,253	$1,130	

Excess (deficiency) of revenues					
over (under) expenditures	$0	($15,181)	($14,051)	$1,130	

Net change in fund balance	
$0	
($15,181)	
($14,051)	
$1,130	

Fund Balance - Beginning	
$0		
$9,898		

Fund Balance - Ending	 	$0		
($4,153)		

Page 2

DEBT SERVICE FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ended November 30, 2019

	ADOPTED BUDGET		PRORATED BUDGET
THRU 11/30/19		ACTUAL
THRU 11/30/19		
VARIANCE		

Revenues									

Interest Income	$0		$0		$7		$7		
Special Assessment	$134,613		$6,337		$6,337		$0		
Special Assessment - Direct	$0		$0		$84,438		$84,438		
Total Revenues	$134,613		$6,337		$90,782		$84,445		

Cl\l,Jt:flUII.UI t:!>									

Series 2018									
Interest Expense - 12/15	$49,438		$49,438		$0		$49,438		
Interest Expense - 06/15	$48,759		$48,759		$0		$48,759		
Principal Expense - 12/15	$35,000		$35,000		$0		$35,000		
Total Expenditures	$133,197		$133,197		$0		$133,197		

Excess (deficiency) of revenues over (under) expenditures	

$1,416		

($126,860)		

$90,782		

$217,642		

Net change in fund balance	
$1,416		
($126,860)		
$90,782		
$217,642		

Fund Balance - Beginning	
$84,343				
$26,949				
Fund Balance - Ending	$85,759				$117,731				

Page3

CAPITAL PROJECTS FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ended November 30, 2019

ADOPTED	PRORATED BUDGET	ACTUAL
BUDGET	THRU 11/30/19	THRU 11/30/19	VARIANCE

Revenues

Interest Income	$0	$0	$4	$4	
Total Revenues	$0	$0	$4	$4	

Expenditures						

Capital Outlay		$0	$0	$0	$0	
	
Total Expenditures	$0	$0	$0	$0	

Excess (deficiency) of revenues over (under) expenditures	
$0	
$0	

$4	

$4	

Other Sources/(Uses)					
lnterfund Transfer ln/(Out)	$0	$0	$0	$0	
Total Other Financing	$0	$0	$0	$0	
Sources/(Uses)					
Net change in fund balance	$0	$0	$4	$4	

Fund Balance - Beginning	
$0		
$12,977		
Fund Balance - Ending	 	$0		 	$12,980		

Page4

QUAIL ROOST
COMMUNITY DEVELOPMENT DISTRICT

Bond Issue:
Original Issue Amount:

Series 2018 Special Assessment Bonds
$2,096,000

Interest Rate: Maturity Date:	3.88%
December 15, 2024	$234,000.00	
Interest Rate: Maturity Date:	4.35%
December 15, 2029	$240,000.00	
Interest Rate: Maturity Date:	4.750%
December 15, 2038	$597,000.00	
Interest Rate: Maturity Date:	5.000%
December 15, 2048	$1,025,000.00	

Reserve Fund Requirement:

Bonds outstanding - 9/30/18 Less:

Current Bonds Outstanding:

25% of Aax Annual Debt Service

$2,096,000

$2,096,000