CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT

LEE COUNTY Regular Board Meeting
NOVEMBER 14, 2024
1:00 P.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410
www.corkscrewcrossingcdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA CORKSCREW CROSSING
COMMUNITY DEVELOPMENT DISTRICT
The River Creek Sales Office 12776 Springbrook Court
Estero, Florida 33928
REGULAR BOARD MEETING
November 14, 2024
1:00 P.M.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
August 8, 2024 Regular Board Meeting & Public Hearing…	Page 2
Old Business
New Business
Consider Resolution No. 2024-06 – Adopting a Fiscal Year 2023/2024 Amended Budget… Page 6
Administrative Matters
Board Members Comments
Adjourn

Publication Date 2024-11-04

Subcategory Miscellaneous Notices

CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT NOTICE OF REGULAR BOARD OF SUPERVISORS MEETING.
The Board of Supervisors (Board) of the Corkscrew Crossing Community Development District (District) will hold a Regular Board Meeting (the Meeting) on November 14, 2024, at 1:00 p.m. at the RiverCreek Sales Office located at 12776 Springbrook Court, Estero, Florida 33928 where the Board may consider any business that may properly come before it.
A copy of the agenda may be obtained at the offices of the District Manager, 2501A Burns Road, Palm Beach Gardens, Florida 33410, 561-630-4922 (District Managers Office), during normal business hours.
The Meeting is open to the public and will be conducted in accordance with the provisions of Florida law. The Meeting may be continued to a date, time, and place to be specified on the record at the meeting. There may be occasions when Board Supervisors or District Staff may participate by speaker telephone.
Any person requiring special accommodations at this Meeting because of a disability or physical impairment should contact the District Managers Office at least forty-eight (48) hours prior to the Meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY)
/ 1-800-955-8770 (Voice), for aid in contacting the District Managers Office.
Each person who decides to appeal any decision made by the Board with respect to any matter considered at the Meeting is advised that person will need a record of 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 such appeal is to be based.
Kathleen Dailey Meneely District Manager
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT
www.corkscrewcrossingcdd.org 11/4/24 10720335

Page 1

CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT PUBLIC HEARING & REGULAR BOARD MEETING
AUGUST 8, 2024

CALL TO ORDER

The Corkscrew Crossing Community Development District (the “District”) Regular Board Meeting of August 8, 2024, was called to order at 1:05 p.m. the River Creek Sales Office located at 12776 Springbrook Court, Estero, Florida 33928.

PROOF OF PUBLICATION

Proof of publication was presented which showed that notice of the Regular Board Meeting had been published in the Fort Myers News Press on July 19, 2024, and July 26, 2024, as legally required.

ESTABLISH A QUORUM

A quorum was established with the following Supervisors in attendance:

Chairman	John Asher	Present	
Vice Chairman	Craig Callis	Present	
Supervisor	Maria Menendez	Absent	
Supervisor	Richard Norwalk	Present	
Supervisor	Larry Portnoy	Absent	

Staff presented included the following:

District Manager	Kathleen Meneely	Special District Services, Inc.	
District Counsel	Kyle McGee (via phone)	Kutak Rock	
District Engineer	Ted Tryka	Agnoli Barber & Brundage, Inc.	

Also present was Clayton Ratliff of GL Homes.

ADDITIONS OR DELETIONS TO AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were comments from the public for items not on the agenda.
APPROVAL OF MINUTES
May 9, 2024, Regular Board Meeting

The minutes of the May 9, 2024, Regular Board Meeting were presented for Board consideration.

A motion was made by Mr. Callis, seconded by Mr. Norwalk and passed unanimously approving the minutes of the May 9, 2024, Regular Board Meeting, as presented.

The Regular Board Meeting was then recessed and the Public Hearing was opened.

PUBLIC HEARING
Proof of Publication

Proof of publication was presented which showed that notice of the Public Hearing had been published in the Fort Myers News Press on July 19, 2024, and July 26, 2024, as legally required.

Receive Public Comment on Fiscal Year 2024/2025 Final Budget

There was no public comment on the Fiscal Year 2024/2025 Final Budget.

Consider Resolution No. 2024-02 – Adopting a Fiscal Year 2024/2025 Final Budget

Resolution No. 2024-02 was presented, entitled:

RESOLUTION 2024-02

THE ANNUAL APPROPRIATION RESOLUTION OF THE CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2024 AND ENDING SEPTEMBER 30, 2025; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.
A motion was made by Mr. Asher, seconded by Mr. Callis and passed unanimously adopting Resolution No. 2024-02, as presented.

Consider Resolution No. 2024-03 – Adopting a Fiscal Year 2024/2025 Annual Assessment
Resolution No. 2024-03 was presented, entitled:
RESOLUTION 2024-03
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT MAKING A DETERMINATION OF BENEFIT AND IMPOSING SPECIAL ASSESSMENTS FOR FISCAL YEAR 2024/2025; 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.

Mr. McGee went over the resolution. Mr. Norwalk asked about the deficit and Mr. Ratliff stated that the developer pays that per lot.

A motion was made by Mr. Asher, seconded by Mr. Norwalk and passed unanimously adopting Resolution no. 2024-03, as presented.

The Public Hearing was then closed and the Regular Board Meeting was reconvened.

OLD BUSINESS

There were no Old Business items to come before the Board.

NEW BUSINESS
Consider Resolution No. 2024-04 – Adopting a Fiscal Year 2024/2025 Meeting Schedule

Resolution No. 2024-04 was presented, entitled:
RESOLUTION 2024-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT ADOPTING THE ANNUAL MEETING SCHEDULE FOR FISCAL YEAR 2024/2025; AND PROVIDING FOR AN EFFECTIVE DATE

There was a consensus of the Board to publish a meeting schedule for October 10, 2024, January 9, 2025, April 10, 2025, May 8, 2025, July 10, 2025, and August 14, 2025.

Mr. Asher asked about turnover to resident seats and Mr. McGee explained that happens during the next election period when it is certified that there are 250 registered voters or 6 years.

A motion was made by Mr. Norwalk, seconded by Mr. Callis and passed unanimously adopting Resolution No. 2024-04, as amended.

Consider Resolution No. 2024-05 – Adopting Goals and Objectives

Resolution Nol. 2024-05 was presented, entitled:

RESOLUTION 2024-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT ADOPTING GOALS, OBJECTIVES, AND PERFORMANCE MEASURES AND STANDARDS; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
Mr. McGee went over the legislation requiring goals and objectives to be completed by October 1.

A motion was made by Mr. Norwalk, seconded by Mr. Asher and passed unanimously adopting Resolution No. 2024-05, as presented.

Consider Assignment and Assumption of Professional Services Agreement

Mr. Tryka stated that Agnoli had been acquired by LJA Engineering but everything else, including staffing and rates, will remain the same.

A motion was made by Mr. Asher, seconded by Mr. Norwalk and passed unanimously approving the Assignment and Assumption of Professional Services Agreement between the District and LJA Engineering, as presented.

ADMINISTRATIVE MATTERS

Ms. Meneely advised that the next meeting was scheduled for October 10, 2024, and would include the amended budget. She also reminded the Board that the Landowners’ Meeting was scheduled for November 5, 2024, at 1:00 p.m.

BOARD MEMBER COMMENTS

There were no further comments from the Board Members.

ADJOURNMENT

There being no further business to come before the Board, the Regular Board Meeting was adjourned at 1:21 p.m. on a motion made by Mr. Asher, seconded by Mr. Norwalk and passed unanimously.

ATTESTED BY:

Secretary/Assistant Secretary	Chairperson/Vice-Chair

RESOLUTION NO. 2024-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2023/2024 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors of the Corkscrew Crossing Community Development District (“District”) is empowered to provide a funding source and to impose special assessments upon the properties within the District; and,

WHEREAS, the District has prepared for consideration and approval an Amended Budget.

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

Section 1.  The Amended Budget for Fiscal Year 2023/2024 attached hereto as Exhibit “A” is hereby approved and adopted.
Section 2.  The Secretary/Assistant Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.

PASSED, ADOPTED and EFFECTIVE this 14th day of November, 2024.

ATTEST:	CORKSCREW CROSSING
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Corkscrew Crossing Community Development District

Amended Final Budget For Fiscal Year 2023/2024
October 1, 2023 - September 30, 2024

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET

AMENDED FINAL BUDGET
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024
OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES	FISCAL YEAR 2023/2024 BUDGET
10/1/23 - 9/30/24	AMENDED FINAL BUDGET
10/1/23 - 9/30/24	YEAR TO DATE ACTUAL
10/1/23 - 8/31/24	
O&M Operations & Maintenance Assessments	248,435	158,858	158,858	
O&M Operations & Maintenance - Direct Bill	0	84,306	84,306	
Debt Assessments	886,316	566,413	566,413	
Debt Assessments - Direct Bill	0	300,800	300,800	
Interest Income	240	9,300	9,230	
				
Total Revenues	$	1,134,991	$	1,119,677	$	1,119,607	
				
EXPENDITURES				
Administrative Expenditures				
Supervisor Fees	0	0	0	
Management	36,000	36,000	33,000	
Legal	30,000	10,000	5,405	
Assessment Roll	5,000	5,000	0	
Audit Fees	4,300	4,300	4,300	
Arbitrage Rebate Fee	650	650	0	
Insurance	6,000	5,375	5,375	
Legal Advertisements	3,000	2,200	1,181	
Miscellaneous	1,500	500	214	
Postage	200	150	143	
Office Supplies	1,500	200	134	
Dues & Subscriptions	175	175	175	
:ebsite Management & ADA Compliance	3,000	3,000	2,750	
Trustee Fees	4,100	4,246	4,246	
Continuing Disclosure Fee	1,000	1,000	0	
				
Total Administrative Expenditures	96,425	72,796	56,923	

Maintenance Expenditures				
Engineering/Inspections	6,000	6,000	3,233	
Miscellaneous Maintenance	1,000	1,000	0	
Landscaping	10,000	5,000	0	
Preserve Maintenance	105,432	100,000	50,000	
Lake Bank Maintenance	14,912	22,000	18,792	
				
Total Maintenance Expenditures	137,344	134,000	72,025	
				
Total Expenditures	$	233,769	$	206,796	$	128,948	
				
REVENUES LESS EXPENDITURES	$	901,222	$	912,881	$	990,659	
				
Bond Payments	 833,137 	(844,607)	 844,607 	
				
BALANCE	$	68,085	$	68,274	$	146,052	
				
County Appraiser & Tax Collector Fee	 22,695 	(1,005)	 1,005 	
Discounts For Early Payments	 45,390 	(28,290)	 28,290 	
				
EXCESS/ (S+ORTFALL)	$	-	$	38,979	$	116,757	
				
Carryover From Prior Year	0	0	0	
				
NET EXCESS/ (S+ORTFALL)	$	-	$	38,979	$	116,757	

Fund Balance As Of 9/30/2023	
Projected FY 2023/2024 Activity	
Fund Balance As Of 9/30/2024	

$5,453	
$38,979	
$44,432	

AMENDED FINAL BUDGET
CORKSCREW CROSSING COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2022
FISCAL YEAR 2023/2024 OCTOBER 1, 2023 - SEPTEMBER 30, 2024

REVENUES	FISCAL YEAR 2023/2024 BUDGET 10/1/23 - 9/30/24	AMENDED FINAL BUDGET
10/1/23 - 9/30/24	YEAR TO DATE ACTUAL
10/1/23 - 8/31/24	
Interest Income	100	40,900	40,824	
NAV Assessment Collection	833,137	300,800	300,800	
Transfer from Construction Fund	0	543,807	543,807	
				
Total Revenues	$	833,237	$	885,507	$	885,431	
				
EXPENDITURES				
Principal Payments	195,000	195,000	195,000	
Interest Payments	634,056	638,078	638,078	
Bond Redemption	4,181	0	0	
Total Expenditures	$	833,237	$	833,078	$	833,078	
				
Excess/ (Shortfall)	$	-	$	52,429	$	52,353	

FUND BALANCE AS OF 9/30/23	
FY 2023/2024 ACTIVITY	
FUND BALANCE AS OF 9/30/24	

$761,383	
$52,429	
$813,812	

Notes
Reserve Fund Balance = $416,569*. Revenue Account Balance = $397,243*.
Interest Account Balance To Be Used To Make 11/1/2024 Interest Payment Of $315,017.
* Approximate Amounts

Series 2023 Bond Information

Original Par Amount =	$12,670,000	Annual Principal Payments Due:	
Interest Rate =	4.125% - 5.30%	May 1st	
Issue Date =	February 2023	Annual Interest Payments Due:	
Maturity Date =

Par Amount As Of 9/30/24 =	May 2053

$12,475,000	November 1st