Cypress Ridge Community Development District

Meeting Agenda April 11, 2024

Cypress Ridge
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 4, 2024

Board of Supervisors Cypress Ridge
Community Development District

Dear Board Members:

A meeting of the Board of Supervisors and Audit Committee of the Cypress Ridge Community Development District will be held Thursday, April 11, 2024 at 1:45 PM at the Holiday Inn Express & Suites, 2102 N. Park Rd., Plant City, FL 33563.

Zoom Video Link: https://us06web.zoom.us/j/85272002611
Zoom Call-In Number: 1-646-876-9923
Meeting ID: 852 7200 2611
Following is the advance agenda for the meeting:

Board of Supervisors Meeting
Roll Call
Public Comment Period (^1Speakers will fill out a card and submit it to the District Manager prior to the beginning of the meeting)
Approval of Minutes of the November 7, 2023 Landowners’ Meeting and November 9, 2023 Board of Supervisors Meeting
Consideration of Resolution 2024-04 Approving the Proposed Fiscal Year 2024/2025 Budget (Suggested Date: July 11, 2024) and Setting the Public Hearing on the Adoption of the Fiscal Year 2024/2025 Budget (budget to be provided under separate cover)
Ratification of Disclosure of Public Financing
Ratification of EMMA Agreement
Appointment of Audit Committee
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

Audit Committee Meeting

^1 Comments will be limited to three (3) minutes
Roll Call
Public Comment Period
Audit Services
Approval of Request for Proposals and Selection Criteria
Approval of Notice of Request for Proposals for Audit Services
Public Announcement of Opportunity to Provide Audit Services
Adjournment

MINUTES
MINUTES OF MEETING CYPRESS RIDGE
COMMUNITY DEVELOPMENT DISTRICT

The Landowners’ meeting and Election of the Board of Supervisors of the Cypress Ridge Community Development District was held Tuesday, November 7, 2023 at 1:30 p.m. at the Holiday Inn Express & Suites, 2102 N. Park Rd., Plant City, Florida.

Present were:

Tricia Adams
Lauren Gentry by phone

FIRST ORDER OF BUSINESS	Determination of Number of Voting Units
Represented
Ms. Adams stated that she had been provided with a proxy form authorizing Tricia Adams to cast votes on behalf of Clayton Properties Group, LLC authorizing her to cast 161 votes.

SECOND ORDER OF BUSNESS	Call to Order
Ms. Adams stated we will go ahead and call to order the Landowner’s meeting.

THIRD ORDER OF BUSINESS	Election of Chairman for the Purpose of
Conducting Landowners’ Meeting
Ms. Adams was designated as the Chair for purposes of running the Landowner’s meeting.

FOURTH ORDER OF BUSINESS	Nominations	for	the	Positions	of
Supervisor
Ms. Adams nominated Milton Andrade to Seat 3, Garret Parkinson to Seat 4, Jeffrey Shenefield to Seat 5.

FIFTH ORDER OF BUSINESS	Casting of Ballots
Ms. Adams casted 161 votes for Milton Andrade, 160 votes for Garret Parkinson, and 161 votes for Jeffrey Shenefield.

SIXTH ORDER OF BUSINESS	Ballot Tabulation
November 7, 2023	Cypress Ridge CDD

Ms. Adams stated that Mr. Andrade and Mr. Shenefield will serve four-year terms and Mr.
Parkinson will serve a two-year term.

SEVENTH ORDER OF BUSINESS	Landowners Questions and Comments
There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment
Ms. Adams stated at this time we will adjourn the landowners’ meeting.

Secretary/Assistant Secretary	Chairman/Vice Chairman

2
MINUTES OF MEETING CYPRESS RIDGE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Cypress Ridge Community Development District was held Thursday, November 9, 2023 at 2:04 p.m. at the Holiday Inn Express & Suites 2102 N. Park Rd., Plant City, Florida.

Present and constituting a quorum:

Garret Parkinson	Vice Chairman
Jeff Shenefield	Assistant Secretary
Brian Walsh	Assistant Secretary

Also present were:

Jill Burns	District Manager, GMS
Lauren Gentry	District Counsel, KVW Law
Corey Roberts	District Counsel, KVW Law

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order at 2:04 p.m. and called the roll. Three Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns stated that there were no members of the public present at the meeting.

THIRD ORDER OF BUSINESS	Organizational Matters
Administration of Oaths of Office to Newly Elected Board Members (Seat #3, Seat #4, and Seat #5)
Ms. Burns swore in Jeff Shenefield and Garret Parkinson.

Consideration of Resolution 2024-01 Canvassing and Certifying the Results of the Landowners’ Election
Ms. Burns stated that the Landowners’ Election was held on November 7. She noted that Seat #3 was Milton Andrade with a total of 161 votes with a four-year term, Seat #4 was Garret Parkinson with 160 votes at a two-year term, and Seat #5 was Jeff Shenefield with 161 votes and a four-year term.
November 9, 2023	Cypress Ridge CDD

Election of Officers
Ms. Burns presented the election of officers.

Consideration of Resolution 2024-02 Electing Officers
Ms. Burns stated that previously Mr. Walsh was Chairman, Mr. Andrade was Vice Chairman, and the other three Supervisors were Assistant Secretaries. It was decided to change the officers to Mr. Andrade as Chairman and Mr. Parkinson as Vice Chairman.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the July 13, 2023
Board of Supervisor’s Meeting
Ms. Burns presented the minutes of the July 13, 2023 Board of Supervisors meeting. She asked if there were any questions, comments, or corrections. Hearing non changes from the Board, she asked for a motion to approve.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-03
Ratifying Series 2024 Bonds
Ms. Burns noted that the District closed on the bonds on August 30^th. She explained that this resolution ratifies and confirms all the actions taken by District officers and staff related to the closing of those bonds.

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November 9, 2023	Cypress Ridge CDD

SIXTH ORDER OF BUSINESS	Consideration  of  Disclosure  of  Public
Financing
Ms. Burns stated that this would be recorded in the property records to put property owners on notice of the lien on the property. Ms. Gentry noted that they would update to reflect the officer positions on the Board as of today.

SEVENTH ORDER OF BUSINESS	Consideration of Proposal for Arbitrage
Rebate Services for Series 2023 Assessment Area One Project Bonds from AMTEC
Ms. Burns stated that the total was $450 annually for that report.

EIGHTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Gentry stated that she had nothing to report.

Engineer
There being no comments, the next item followed.

District Manager’s Report
Approval of Check Register
Ms. Burns stated she had approval of the check register is included in the agenda package for Board review. The total is $9,301,445.23.

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November 9, 2023	Cypress Ridge CDD

Balance Sheet & income Statement
Ms. Burns noted financial statements were included in their package and asked for any questions on those. She stated there was no action necessary.
*Milton Andrade joined the meeting at this time.

NINTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

TENTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being no comments, the next item followed.

ELEVENTH ORDER OF BUSINESS	Adjournment
Ms. Burns adjourned the meeting.

Secretary/Assistant Secretary	Chairman/Vice Chairman

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Section IV
RESOLUTION 2024-04
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CYPRESS RIDGE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2024/2025 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Cypress Ridge Community Development District (“District”) prior to June 15, 2024, proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2024 and ending September 30, 2025 (“Fiscal Year 2024/2025”); and
WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE CYPRESS RIDGE COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2024/2025 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:
DATE:	Thursday, July 11, 2024
HOUR:	1:45 PM
LOCATION:	Holiday Inn Express & Suites,
2102 N. Park Rd. Plant City, FL 33563
TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL
PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to Hillsborough County, at least 60 days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2 and to ensure that it remains on the website for at least 45 days.
PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

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 immediately upon adoption.
PASSED AND ADOPTED THIS 11^TH DAY OF APRIL 2024.

ATTEST:	CYPRESS RIDGE COMMUNITY DEVELOPMENT DISTRICT

Secretary
By:	 Its:		

Budget will be provided under separate cover.

Section V

DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY THE CYPRESS RIDGE COMMUNITY DEVELOPMENT DISTRICT

Board of Supervisors^1
Cypress Ridge Community Development District

Milton Andrade
Chairman

Garret Parkinson
Vice Chairman
Jeffrey Shenefield
Assistant Secretary

Brian Walsh
Assistant Secretary

Joel Adams
Assistant Secretary

District Manager c/o Jill Burns
219 E. Livingston Street Orlando, Florida 32801
Tel: (407) 841-5524
("District Manager's Office")

District records are on file at the District Manager's Office and are available for public inspection upon request during normal business hours.

^1 This list reflects the composition of the Board of Supervisors as of November 21, 2023. For a current list of Board Members, please contact the District Manager's Office.
1
TABLE OF CONTENTS
Introduction	1
What is the District and How is it Governed?	l
Overview of the District's Projects, Bonds & Debt Assessments	2
Methods of Collection	4
District Boundary Legal Description	Exhibit A
Assessment Area One Boundary Legal Description	Exhibit B

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DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN
BY THE CYPRESS RIDGE COMMUNITY DEVELOPMENT DISTRICT

INTRODUCTION

On behalf of the Cypress Ridge Community Development District ("District"), the following information is provided to give you a description of the District's services and the assessments that have been levied within the District to pay for certain community infrastructure, and the manner in which the District is operated. The District is a unit of special-purpose local government created pursuant to and existing under the provisions of Chapter 190, Florida Statutes ("Act"). Under Florida law, community development districts are required to take affirmative steps to provide for the full disclosure of information relating to the public financing and maintenance of improvements to real property undertaken by such districts. The law specifically provides that this information shall be made available to all persons currently residing within the District and to all prospective District residents, as well as filed in the property records of each county in which the District is located.

WHAT IS THE DISTRICT AND HOW IS IT GOVERNED?

The District was established by Ordinance No. 21-13, enacted by the Board of County Commissioners of Hillsborough County, Florida on April 13, 2021, and effective as of April 15, 2021. The District boundaries encompass approximately 481.468 acres within the unincorporated area of Hillsborough County, Florida, generally located on the west side of CR579 south of Bishop Road in Hillsborough County, Florida. The District lies within sections 20 & 21 Township 32 South, Rand 20 East, all within Hillsborough County, Florida. The development plan for the lands within the District includes approximately 1056 single­ family residential units to be constructed in phases. As a local unit of special-purpose government, the District provides an alternate means for planning, financing, constructing, operating and maintaining various public improvements and community facilities within its jurisdiction.

The District is governed by a five-member Board of Supervisors ("Board" and individually, "Supervisors"), the members of which must be residents of the State of Florida and citizens of the United States. Within ninety (90) days of appointment of the initial Board, members were elected on an at-large basis by the owners of property within the District. Subsequent landowner elections are then held every two years in November. At the landowner elections, and generally stated, each landowner is entitled to cast one vote for each acre of land owned with fractions thereof rounded upward to the nearest whole number, or one vote per platted lot. Commencing six (6) years after the initial appointment of the members of the Board and when the District attains a minimum of two hundred and fifty (250) qualified electors, Supervisors whose terms are expiring will begin to be elected by qualified electors of the District. A "qualified elector" in this instance is any person at least eighteen (18) years of age who is a citizen of the United States, a legal resident of Florida and of the District, and who is also registered to vote with the Supervisor of Elections for Hillsborough County. Notwithstanding the foregoing, if at any time the Board proposes to exercise its ad valorem taxing power, it shall, prior to the exercise of such power, call an election at which all members of the Board shall be elected by qualified electors of the District.

The District is subject to Florida law governing open meetings and records. Accordingly, Board meetings are noticed in the local newspaper and are conducted in a public forum in which public participation is permitted. Consistent with Florida's public records laws, the records of the District are available for public inspection at the District Manager's Office during normal business hours.

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OVERVIEW OF THE DISTRICT'S PROJECTS, BONDS & DEBT ASSESSMENTS

The District is authorized by the Act to, amongst other things, finance, fund, plan, establish, acquire, install, equip, operate, extend, construct, or reconstruct stormwater management systems, roadway improvements, on-site and off-site wetland mitigation, landscape/hardscape, parks and recreation facilities, irrigation systems and other infrastructure projects and services necessitated by the development of, and serving lands within, the District. A description of the boundaries of the District is attached hereto as Exhibit A.
Pursuant to the Act, the District is authorized to levy and impose special assessments to pay all, or any part of, the cost of such infrastructure projects and services and to issue bonds, notes and/or other specific financing mechanisms payable from such special assessments. On October 28, 2021, the Thirteenth Judicial Circuit of Florida, in and for Hillsborough County, Florida, entered a Final Judgment validating the District's ability to issue an aggregate principal amount not to exceed $50,000,000 in Special Assessment Revenue Bonds, in one or more series, for infrastructure needs of the District ("Final Judgment"). The Thirteenth Judicial Circuit of Florida, in and for Hillsborough County, Florida, has entered a Certificate of No Appeal certifying that no notice of appeal has been filed or taken by any party or other person from the Final Judgment.

Capital Improvement Plan I Master Bonds & Assessments

The District has authorized the construction and/or financing of its master capital improvement plan ("CIP"). The CIP includes, among other things, stormwater management facilities, roadways, water and wastewater facilities, off-site improvements, and miscellaneous. The CIP is estimated to cost approximately $54,381,424, and is described in more detail in the Cypress Ridge Community Development District - Preliminary Engineer's Report, dated April 2023 (the "Master Improvement Plan Report").

The District anticipates financing all or a portion of the CIP by the issuance of one or more series of future special assessment bonds ("Master Bonds"). To secure the repayment of such Master Bonds, the District has levied and imposed one or more non-ad valorem debt service special assessment liens ("Master Assessments") on certain benefitted lands within the District. The Master Assessments are further described in the Master Assessment Methodology for Cypress Ridge Community Development District, dated April 20, 2021 ("Master Assessment Report"). A notice of the master assessment lien imposed consistent with the Master Assessment Methodology has been recorded in the Official Records of Hillsborough County. The Master Assessment Report and the reports that supplement it are designed to conform to the requirements of Chapters 170, 190 and 197, Florida Statutes, are not intended to address any other assessments, if applicable, that may be levied by the District, a homeowner's association, or any other unit of government.

Allocation of special assessments is a continuous process until the CIP is completed. As a master series of interrelated improvements, the CIP benefits all developable acres within the District. Once platting has begun, the assessments will be allocated to the assigned properties based on the benefits they receive as set forth herein ("Assigned Properties"). The unassigned properties, defined as property that has not been platted and assigned development rights, will continue to be assessed on a per-acre (equal acreage) basis ("Unassigned Properties"). Eventually the development plan will be completed and the assessments securing each series of bonds will be allocated to the benefitted property within the District. If there are changes to the development plan causing a change in the ultimate number of platted units, a true-up of the assessment(s) will be calculated to determine if a debt reduction or true-up payment is required.

2
Series 2023 Bonds/Assessment Area One Project

The District has authorized the construction and/or acquisition of its "Assessment Area One Project," which corresponds to Phase 1 of its CIP. On August 30, 2023, the District issued $13,000,000 Special Assessment Bonds, Series 2023 ("Series 2023 Bonds"), for the purpose of financing a portion of the Assessment Area One Project. The amortization schedules for the Series 2023 Bonds are available at the District Manager's Office. The Assessment Area One Project is anticipated to cost $22,390,341 and is described in the Master Improvement Plan Report. The Assessment Area One Project includes improvements related to offsite improvements, stormwater management facilities, utilities (water, sewer, and street lighting), roadways, entry features and signage, parks and amenities, and miscellaneous improvements.
The Series 2023 Bonds are secured by non-ad valorem special assessments levied and imposed as part of the Master Assessments ("Series 2023 Assessments") on all lands within the approximately 160.38 acres comprising "Assessment Area One," as described in Exhibit B hereto. The Series 2023 Assessments are further described in the Supplemental Assessment Methodology for Assessment Area 1, dated August 17, 2023 ("Supplemental Assessment Report"). It is anticipated that the Series 2023 Assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes, for platted lots and directly collected for unplatted property but the assessments may be collected by any other legal means available to the District. Schedules of the annual assessments on benefiting property levied to defray the debt service obligations of the District are summarized provided below and are available for public inspection at the District Manager's Office.

The Series 2023 Assessments described above exclude any operations and maintenance assessments that may be determined and calculated annually by the Board against all benefited lands in the District. A detailed description of all costs and allocations that result in the formulation of assessments, fees and charges is available for public inspection at the District Manager's Office.
The allocation of the Series 2023 Assessments is provided below:

Series 2023 Assessments | | | |

Product Type

No. of Units

ERU Factor

Gross Annual Series
2023 Bond Assessment per Unit*

Total Series 2023 Par Debt Per Unit

Single Family - 40' | 121 | 0.80 | $2,204.20 | $29,478.46
Single Family - 50' | 208 | 1.00 | $2,755.25 | $36,848.07
Single Family - 60' | 40 | 1.20 | $3,306.30 | $44,217.69
*Note: The annual debt assessment per unit amounts are subject to a collection fee and early payment discounts when collected on the Hillsborough County tax bill.

Operation and Maintenance Assessments

In addition to the debt assessment described above, the District also imposes on an annual basis operations and maintenance assessments ("O&M Assessments"), which are determined and calculated annually by the Board in order to fund the District's annual operations and maintenance budget. O&M Assessments are levied against all benefitted lands in the District and may vary from year to year based on the amount of the District's budget. O&M Assessments may also be affected by the total number of units that ultimately are constructed within the District. The allocation of O&M Assessments is set forth in the resolutions imposing the assessments. Please contact the District Manager's Office for more information regarding the allocation of O&M Assessments.

3
Future Improvements and Assessments

Should the District choose to finance additional portions of its CIP in the future, additional debt assessments may be imposed on property within the District. Such additional assessments will be allocated in a manner consistent with the Master Assessment Methodology.
The District may undertake the construction, acquisition, or installation of other future improvements and facilities, which may be financed by bonds, notes or other methods authorized by Chapter 190, Florida Statutes. Further information regarding any of the improvements can be obtained from the engineer's reports on file in the District Manager's Office. Further, a detailed description of all costs and allocations that result in the formulation of assessments, fees and charges is available for public inspection at the District Manager's Office.

METHODS OF COLLECTION

For any given fiscal year, the District may elect to collect any special assessment for any lot or parcel by any lawful means. The provisions governing the collection of special assessments are more fully set forth in the applicable assessment resolutions, which are on file at the District Manager's Office. That said, and generally speaking, the District may elect to place a special assessment on that portion of the annual real estate tax bill, entitled "non-ad valorem assessments," which would then be collected by the Hillsborough County Tax Collector in the same manner as county ad valorem taxes ("Uniform Method"). Each property owner subject to the collection of special assessments by the Uniform Method must pay both ad valorem and non-ad valorem assessments at the same time. Property owners will, however, be entitled to the same discounts as provided for ad valorem taxes. As with any tax bill, if all taxes and assessments due are not paid within the prescribed time limit, the tax collector is required to sell tax certificates which, if not timely redeemed, may result in the loss of title to the property. The use of the Uniform Method for any given fiscal year does not mean that the Uniform Method will be used to collect assessments in future years, and the District reserves the right in its sole discretion to select a new or different collection method in any given year, regardless of past practices.
Alternatively, the District may elect to collect any special assessment by sending a direct bill to a given landowner. In the event that an assessment payment is not timely made, the whole assessment - including any remaining amounts for the fiscal year as well as any future installments of assessments securing debt service - shall immediately become due and payable and shall accrue interest as well as penalties, plus all costs of collection and enforcement, and shall either be enforced pursuant to a foreclosure action, or, at the District's discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Please contact the District Manager's Office for further information regarding collection methods.

This description of the District's operations, services and financing structure is intended to provide assistance to landowners and purchasers concerning the important role that the District plays in providing infrastructure improvements essential to the development of communities. If you have questions or would like additional information about the District, please write to: Cypress Ridge Community Development District, c/o Jill Bums, 219 E. Livingston Street, Orlando, Florda 32801 Attn: District Manager, Offices: or call (407) 841-5524.

[Signature on following pageJ

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IN WITNESS WHEREOF, this Disclosure of Public Financing and Maintenance of Improvements to Real Property Undertaken by the Cypress Ridge Community Development District has been executed to be effective as of the 21st day of November 2023, and recorded in the Official Records of Hillsborough County, Florida.

CYPRESS RIDGE COMMUNITY DEVELOPMENT DISTRICT

Witness
By:	 Mil

	
Print Name	Print Name

STATE OF FLORIDA COUNTY OF	f?b \\(.

The foregoing instrument was acknowledged before me [\(in person or ( ] by means of remote notarization this 2  day oftJOV:fil)l,8y, 2023, by Milton Andrade, as Chairman of the Cypress Ridge Community Development District, who [v'.f is personally known to me or who [ ] has produced
	 as identification, and did not take the oath.

No te	
Print Name:	Ohe-tlon   C!?>tfy
Commission No.: H tt	IJ?,110
My Commission Expires:	o':J_le5 / 2ozs
1	I

Exhibit A: Exhibit B:
District Boundaries
Assessment Area One Legal Description

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EXHIBIT A
District Boundaries

CYPRESS RIDGE CDD

DESCRIPTION: A portion of the Southeast 1/4 of Section 20 and a portion of Section 21, Township 32 South, Range 20 East, lying in Hillsborough County, Florida, and being more particularly described as follows:
BEGIN at the Southeast corner of said Section 20; run thence along the South line of the Southeast 1/4 of said Section 20, N.89°56'40"W., a distance of 1190.49 feet to the East boundary of the lands described in Official Records Book 5289, Page 660 of the public records of Hillsborough County, Florida; thence along said East Boundary, N.32°12'04"E., a distance of 1511.67 feet to the South boundary of Parcel 1 of the lands described in Official Records Book 24058, Page 1681 of the public records of Hillsborough County, Florida; thence along said South boundary, N.89°55'49"W., a distance of 118.09 feet to the West boundary of the lands described in aforesaid Official Records Book 5289, Page 660; thence along said West boundary, N.32°12'04"E., a distance of 11.80 feet to the South boundary of the lands described in Official Records Book 23524, Page 1177 of the public records of Hillsborough County, Florida; thence along the South, West and North boundary of said lands the following three (3) courses: 1) N.89°56'09"W., a distance of 131.80 feet; 2) N.00°04'51"W., a distance of30.00 feet; and 3) S.89°56'09"E., a distance of150.72 feet to the aforesaid West boundary of the lands described in Official Records Book 5289, Page 660; thence along said West boundary, N.32°12'04"E., a distance of 47.24 feet to the North boundary of Parcel 1 of the lands described in aforesaid Official Records Book 24058, Page 1681; thence along said North boundary, S.89°56'09"E., a distance of 118.09 feet to the aforesaid East boundary of the lands described in Official Records Book 5289, Page 660; thence along said East boundary, N.32°12'04"E., a distance of 4537.33 feet to the South boundary of Parcel 2 of the aforesaid lands described in Official Records Book 24058, Page 1681; thence along said South boundary, N.89°58'47"W., a distance of 118.15 feet to the aforesaid West boundary of the lands described in Official Records Book 5289, Page 660; thence along said West boundary and the West boundary of the lands described in Official Records Book 26522, Page 769 of the public records in Hillsborough County, Florida, N.32°12'04"E., a distance of 114.20 feet to the North boundary of said lands described in Official Records Book 26522, Page 769; thence along said North boundary, S.89°58'47"E .. a distance of 23.63 feet to the aforesaid West boundary of Official Records Book 5289, Page 660; thence along said West boundary, N.32°12'04"E., a distance of 26.97 feet to the North boundary of aforesaid Parcel 2; thence along said North boundary, S.89°58'47"E., a distance of 94.52 feet to the aforesaid East boundary of lands described in Official Records Book 5289, Page 660; thence along said East boundary, S.32°12'04"W., a distance of 47.06 feet to the North boundary of the Northwest 1/4 of aforesaid Section 21; thence along said North boundary S.89°58'47"E., a distance of 499.31 feet to the Northwest corner of the Northeast 1/4 of said Section 21; thence along the North boundary of said Northeast 1/4, S.89°11'29"E., a distance of 1037.43 feet to the East boundary of the lands described in Official Records Book 16047, Page 1065 of the public records of Hillsborough County, Florida; thence along said East boundary, S.00°42'49"W., a distance of 1334.80 feet to the North boundary of the lands described in Official Records Book 19019, Page 1485 of the public records of Hillsborough County, Florida; thence along said North boundary, S.89°31 '37"E., a distance of 1619.00 feet to the West Maintained Right-of - Way line of County Road 579 per the resolution of SRO No.1 Section No. 1057 State Road No. S-579, Hillsborough County dated June 13th, 1952; thence along said West Maintained Right-of-Way line, S.00°57'02"W., a distance of 1324.78 feet to the North boundary of the Southeast 1/4 of said Section 21; thence along said North boundary, N.89°32'23"W., a distance of 9.90 feet to the West Right-of­ Way line of said County Road 579 said line also being 50 feet West of and parallel with the East boundary of said Southeast 1/4; thence along said West Right-of-Way line, S.00°57'10"W., a distance

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of 1278.52 feet; thence N.89°02'50"W., a distance of 1208.41 feet; thence S.30°26'11 "W., a distance of 146.34 feet; thence S.32°14'37"W., a distance of 141.92 feet; thence S.18°46'46"W., a distance of
115.22 feet; thence S.25°25'09"W., a distance of 176.77 feet; thence S.30°41'23"W., a distance of
147.54 feet; thence S.42°23'23"W., a distance of 207.91 feet; thence S.41°03'28"W., a distance of
129.55 feet; thence S.43°12'04"W., a distance of133.67 feet; thence S.40°15'50"W., a distance of 80.07 feet; thence S.27°08'53"W., a distance of 82.96 feet; thence S.38°32'22"W., a distance of 15.33 feet; thence N.63°13'31 "W., a distance of 80.86 feet; thence S.46°48'42"W., a distance of21.21 feet; thence S.62°26'42"E., a distance of 107.82 feet; thence S.79°12'28"E., a distance of 27.67 feet; thence S.03°11'57"W., a distance of 91.25 feet; thence S.08°15'43"E., a distance of 77.72 feet; thence S.00°38'04 "W., a distance of 31.66 feet to the South boundary of said Southeast 1/4; thence along said South boundary, N.89°21'56"W., a distance of 675.08 feet to the Southeast comer of the Southwest 1
/4 of said Section 21; thence along the South line of said Southwest 1 /4, N.89°21'47"W.; a distance of 2622.98 feet to the POINT OF BEGINNING.

Containing 481.468 acres, more or less.

7

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§
...	L	 _j
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8
EXHIBIT B
Assessment Area One

A parcel ofland lying in Sections 20 and 21, Township 32 South, Range 20 East, Hillsborough County, Florida, and being more particularly described as follows:

COMMENCE at the North 1/4 corner of said Section 21; run thence along the East boundary of the Northwest 1/4 of said Section 21, S.00°10'45"W., a distance of 318.03 feet to the POINT OF BEGINNING; thence departing said East boundary, N.89°59'41"E., a distance of 30.99 feet; thence N.00°00'19"W., a distance of 12.30 feet; thence S.89°29'57"E., a distance of 863.89 feet; thence S.00°42'17"W., a distance of 9.56 feet; thence S.89°17'43"E., a distance of 124.86 feet to a point on the Easterly boundary of the lands described in Instrument 2021438293 of the Public Records of Hillsborough County, Florida; thence along said Easterly and Southerly boundary thereof, respectively, the following sixty-two (62) courses: 1) S.00°33'49"W., a distance of 1024.74 feet; 2) S.89°32'58"E., a distance of 12.62 feet; 3) S.52°32'42"W., a distance of 38.16 feet; 4) S.00°42'17"W., a distance of170.10 feet; 5) N.89°36'01"W., a distance ofl0.52 feet; 6) Southwesterly, 39.27 feet along the arc of a tangent curve to the left having a radius of 25.00 feet and a central angle of 90°00'00" (chord bearing S.45°23'59"W., 35.36 feet); 7) S.00°23'59"W., a distance of 80.00 feet; 8) Southeasterly, 39.27 feet along the arc of a tangent curve to the left having a radius of 25.00 feet and a central angle of 90°00'00" (chord bearing S.44°36'01"E., 35.36 feet); 9) S.89°36'01"E., a distance of 1664.33 feet; 10) S.01°02'26"W., a distance of 64.00 feet; 11) N.89°36'01"W., a distance of 1663.61 feet; 12) Southwesterly, 39.27 feet along the arc of a tangent curve to the left having a radius of 25.00 feet and a central angle of 90°00'00" (chord bearing S.45°23'59"W., 35.36 feet); 13) S.00°23'59"W., a distance of 177.00 feet; 14) N.89°36'01"W., a distance of 64.00 feet; 15) S.00°23'59"W., a distance of 791.38 feet; 16) Southeasterly, 925.20 feet along the arc of a tangent curve to the left having a radius of 589.00 feet and a central angle of 90°00'00" (chord bearing S.44°36'01"E., 832.97 feet); 17) S.89°36'01"E., a distance of 820.83 feet; 18) S.00°23'59"W., a distance of 232.80 feet; 19) N.84°28'44"W., a distance of 19.78 feet; 20) N.55°57'45"W., a distance of 39.41 feet; 21) N.43°30'53"W., a distance of 41.79 feet; 22) N.44°44'41"W., a distance of 74.66 feet; 23) N.57°06'28"W., a distance of 76.80 feet; 24) N.59°34'59"W., a distance of 126.78 feet; 25) Westerly,
11.93 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 22°47'22" (chord bearing N.70°58'40"W., 11.85 feet); 26) N.82°22'21"W., a distance of30.37 feet;
27) Westerly, 26.09 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 49°50'15" (chord bearing S.72°42'31"W., 25.28 feet); 28) S.47°47'23"W., a distance of 90.24 feet; 29) S.48°54'01 "W., a distance of 75.66 feet; 30) S.42°03'32"W., a distance of 50.51 feet;
31) S.62°11'28"W., a distance of 51.17 feet; 32) S.61°51'11"W., a distance of 73.81 feet; 33) N.83°18'51"W., a distance of 70.49 feet; 34) N.71°06'16"W., a distance of 91.81 feet; 35) N.69°46'14"W., a distance of 134.92 feet; 36) Westerly, 12.58 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 24°01'15" (chord bearing N.81°46'51"W., 12.49 feet); 37) S.86°12'31"W., a distance of 163.36 feet; 8) N.67°34'41"W., a distance of 159.95 feet;
39) N.71°51'30"W., a distance of 58.08 feet; 40) N.42°01'52"W., a distance of 139.61 feet; 41) N.36°18'14"W., a distance of 137.48 feet; 42) N.30°42'10"W., a distance of 182.19 feet; 43) N.33°11'11 "W., a distance of 52.63 feet; 44) N.03°05'17"W., a distance of 64.92 feet; 45) N.22°50'59"E., a distance of 73.23 feet; 46) N.32°18'32"E., a distance of 116.68 feet; 47) Northerly,
19.65 feet along the arc of a non-tangent curve to the left having a radius of 30.00 feet and a central angle of37°31'12" (chord bearing N.13°32'56"E., 19.30 feet); 48) N.05°12'40"W., a distance of154.25 feet; 49) N.00°11'40"W., a distance of 68.56 feet; 50) Northwesterly, 67.60 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 129°05'55" (chord bearing N.64°44'37"W., 54.18 feet); 51) S.50°42'25"W., a distance of 69.14 feet; 52) Southerly, 38.17 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 72°53'59" (chord  bearing S.14°15'26"W., 35.65 feet); 53) S.22°11'34"E., a distance of 9.29 feet; 54)
9
S.86°28'44^11W., a distance of 101.00 feet; 55) Southwesterly, 46.70 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 89°11'07^11 ( chord bearing S.41°53'11^11W., 42.12 feet); 56) S.02°42'23^11E., a distance of67.87 feet; 57) S.38°00'10^11W., a distance of56.73 feet; 58) Southerly, 22.14 feet along the arc ofa tangent curve to the left having a radius of
30.00 feet and a central angle of 42°16'43^11 (chord bearing S.16°51'48"W., 21.64 feet); 59) S.04°16'34^11E., a distance of 38.66 feet; 60) Southerly, 12.80 feet along the arc of a tangent curve to the left having a radius of30.00 feet and a central angle of 24°26'18^11 (chord bearing S.16°29'43^11E., 12.70 feet); 61) S.28°42'52^11E., a distance of 27.25 feet; 62) S.22°46'50^11W., a distance of 45.98 feet; thence N.88°16'31 "W., a distance of 453.61 feet; thence S.32°12'00"W., a distance of 303.68 feet; thence S.07°36'07"W., a distance of 64.81 feet; thence S.32°11'49^11W., a distance of 339.22 feet; thence S.31°38'26^11E., a distance of 127.42 feet; thence S.17°13'53^11W., a distance of 69.73 feet; thence S.25°10'52^11W., a distance of 111.65 feet; thence S.22°45'59^11W., a distance of 156.06 feet; thence S.89°38'56^11W., a distance of 188.05 feet; thence S.73°56'00^11W., a distance of 202.05 feet; thence N.72°58'31^11W., a distance of 77.25 feet; thence N.29°18'38^11W., a distance of 57.63 feet; thence N.17°47'10^11E., a distance of 88.55 feet; thence N.16°10'32^11W., a distance of 53.38 feet; thence S.62°58'34^11W., a distance of 26.40 feet; thence S.82°06'32^11W., a distance of94.31 feet to a point on said Southerly boundary of lands described in Instrument 2021438293; thence along said Southerly boundary the following thirty-one (31) courses: 1) N.08°07'55^11W., a distance of 93.75 feet; 2) Northerly, 12.06 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of23°01'45^11 (chord bearing N.19°38'48"W., 11.98 feet); 3) N.31°09'40"W., a distance of 169.42 feet; 4) Northwesterly, 29.70 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 56°43'54" (chord bearing N.59°31'37"W., 28.51 feet); 5) N.87°53'34"W., a distance of 117.47 feet; 6) Westerly, 13.53 feet along the arc of a tangent curve to the left having a radius of 30.05 feet and a central angle of25°48'08^11 (chord bearing S.79°12'22^11W., 13.42 feet); 7) S.67°18'59^11W., a distance of 135.30 feet; 8) Southwesterly, 23.92 feet along the arc of a tangent curve to the left having a radius of30.00 feet and a central angle of 45°40'47^11 (chord bearing S.44°28'36^11W., 23.29 feet); 9) S.21°28'42^11W., a distance of151.91 feet; 10) Southerly, 29.69 feet along the arc of a tangent curve to the left having a radius of 29.71 feet and a central angle of 57°15'25" (chord bearing S.07°09'01"E., 28.47 feet); 11) S.35°28'32"E., a distance of 230.12 feet; 12) S.54°47'21^11E., a distance of39.37 feet; 13) S.03°38'42^11E., a distance of3.91 feet; 14) N.88°27'41^11W., a distance of 39.22 feet; 15) S.88°36'44^11W., a distance of 99.23 feet; 16) Southwesterly, 47.54 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 90°48'14^11 (chord bearing S.43°12'37^11W., 42.72 feet); 17) N.46°04'24^11W., a distance of38.03 feet; 18) Westerly, 44.19 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 84°23'40^11 (chord bearing N.88°16'14^11W., 40.30 feet); 19) S.49°31'55^11W., a distance of 42.67 feet; 20) N.57°51'48^11W., a distance of 86.97 feet; 21) Westerly, 10.85 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 20°42'47^11 (chord bearing N.68°13'12^11W., 10.79 feet); 22) N.78°34'35^11W., a distance of 81.77 feet; 23) N.27°25'04"W., a
distance of 182.09 feet; 24) N.14°24'56"W., a distance of 203.85 feet; 25) Northwesterly, 16.58 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 31°40'00^11 (chord bearing N.30°14'56^11W., 16.37 feet); 26) N.46°04'56^11W., a distance of 297.55 feet;
27) Westerly, 34.06 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 65°03'09^11 ( chord bearing N.78°36'31^11W., 32.26 feet); 28) S.68°51'54^11W., a distance of 152.89 feet; 29) Southwesterly, 20.93 feet along the arc of a tangent curve to the left having a radius of 30.00 feet and a central angle of 39°58'38^11 (chord bearing S.48°52'35^11W., 20.51 feet); 30) S.28°53'16^11W., a distance of 47.03 feet; 31) N.57°48'11^11W., a distance of 42.53 feet; thence S.32°11'49^11W., a distance of 415.07 feet; thence Southerly, 175.43 feet along the arc of a tangent curve to the left having a radius of 410.00 feet and a central angle of 24°30'57^11 (chord bearing S.19°56'21^11W., 174.10 feet); thence N.83°24'08^11W., a distance of 111.26 feet to a point on said Southerly boundary of lands described in Instrument 2021438293; thence along said Southerly boundary thereof the following four (4) courses: 1) Southerly, 54.24 feet along the arc of a non-
tangent curve to the left having a radius of 475.00 feet and a central angle of06°32'32" (chord bearing S.03°19'36"W., 54.21 feet); 2) S.00°03'20"W., a distance of 51.71 feet; 3) N.89°56'40"W., a distance of 50.00 feet; 4) Northwesterly, 39.28 feet along the arc of a non-tangent curve to the left having a radius of 25.00 feet and a central angle of 90°01'36" (chord bearing N.44°57'28"W., 35.36 feet); continue along said Southerly boundary and the Westerly extension thereof, N.89°58'14"W., a distance of 370.73 feet; thence N.89°56'09"W., a distance of 131.61 feet; thence N.00°03'32"W., a distance of 30.00 feet; thence S.89°56'09"E., a distance of 150.52 feet; thence N.32°11'51 "E., a distance of 47.24 feet; thence S.89°56'09"E., a distance of 118.09 feet a point on said Westerly boundary of lands described in Instrument 2021438293; thence along said Westerly and Northerly boundary thereof, respectively, the following eleven (11) courses: 1) N.32°11'51 "E., a distance of 2205.17 feet; 2) S.57°48'11"E., a distance of 190.30 feet; 3) S.32°11'49"W., a distance of 200.00 feet;
4) S.57°48'11"E., a distance of 110.00 feet; 5) N.32°11'49"E., a distance of 2343.40 feet; 6) Southerly,
251.33 feet along the arc of a non-tangent curve to the right having a radius of 160.00 feet and a central angle of 89°59'59" (chord bearing S.12°48'11"E., 226.27 feet); 7) S.32°11'49"W., a distance of 14.85 feet; 8) Southerly, 40.14 feet along the arc of a tangent curve to the left having a radius of
24.91 feet and a central angle of 92°19'00" (chord bearing S.13°57'41"E., 35.94 feet); 9) Easterly,
51.31 feet along the arc of a compound curve to the left having a radius of 101.38 feet and a central angle of 29°00'07" (chord bearing S.74°37'15"E., 50.77 feet); 10) S.89°24'38"E., a distance of216.56 feet; 11) N.00°00'19"W., a distance of 364.92 feet; thence N.89°59'41"E., a distance of 79.01 feet to the POINT OF BEGINNING.
Containing 181.176 acres, more or less. LESS AND EXCEPT
A parcel of land lying in Sections 21, Township 32 South, Range 20 East, Hillsborough County, Florida, and being more particularly described as follows:

COMMENCE at the North 1/4 corner of said Section 21, run thence along the East boundary of the Northwest 1/4 of said Section 21, S.00°10'45"W., a distance of 2662.08 feet to the Center of said Section 21; thence along the South boundary of said Northwest 1/4, N.89°30'22"W., a distance of
411.86 feet to a point on the Easterly boundary of lands described in Instrument 2022473967 of the Public Records of Hillsborough County, Florida, also being the POINT OF BEGINNING; thence along said Easterly and Southerly boundary thereof, respectively, the following five (5) courses: 1) S.32°12'04"W., a distance of 698.82 feet; 2) Westerly, 251.32 feet along the arc of a tangent curve to the right having a radius of 160.00 feet and a central angle of 89°59'45" (chord bearing S.77°11'56"W., 226.27 feet); 3) N.58°07'43"W., a distance of 33.09 feet; 4) N.32°11'49"E., a distance of 160.19 feet; 5) N.57°48'11"W., a distance of 455.91 feet; thence Easterly, 39.27 feet along the arc of a tangent curve to the left having a radius of 25.00 feet and a central angle of 89°59'45" (chord bearing N.77°11'57"E., 35.35 feet); thence N.32°12'04"E., a distance of 1226.62 feet; thence Northerly, 39.27 feet along the arc of a tangent curve to the left having a radius of 25.00 feet and a central angle of 90°00'15" (chord bearing N.12°48'03"W., 35.36 feet) to a point on the Northerly boundary of said Instrument 2022473967; thence along said Northerly and Easterly boundary thereof, respectively, the following five (5) courses: 1) S.57°48'11"E., a distance of 89.00 feet; 2) N.32°12'04"E., a distance of 160.00 feet; 3) S.57°48'11"E., a distance of 389.99 feet; 4) Southerly,
267.05 feet along the arc of a tangent curve to the right having a radius of 170.00 feet and a central
angle of90°00'15" (chord bearing S.12°48'04"E., 240.43 feet); 5) S.32°12'04"W., a distance of567.81 feet to the POINT OF BEGINNING.

Containing 20.792 acres, more or less.
All containing 160.384 acres, more or less.
11

Section VI
DocuSign Envelope ID: E2EC9CA9-1F83-45A6-A44E-487CEC46F5A1

EMMA® Filing Assistance Software as a Service License Agreement

This EMMA Filing Assistance Software as a Service License Agreement (this "Agreement") is entered into by and between the Cypress Ridge Community Development District (the "District") on behalf of itself, and its Dissemination Agent as defined in the District's outstanding Continuing Disclosure Agreements (collectively, the "Licensee"), and Disclosure Technology Services, LLC, a Delaware limited liability company ("DTS" or the "Licensor"). This Agreement shall be effective as of the last day executed below ("Effective Date").

NOW, THEREFORE, for good and adequate consideration, the sufficiency of which is hereby acknowledged, the parties have agreed as follows:

The District is, or may in the future be, a party to one or more Continuing Disclosure Agreements (the "CDAs") in connection with the issuance of municipal bonds or other debt obligations. Pursuant to the CDAs, the District and the other Obligated Persons named therein are, or will be, obligated to file certain Annual Reports, Quarterly Reports and Listed Event filings (as such terms are defined in the CDAs) electronically through the Municipal Securities Rulemaking Board's Electronic Municipal Market Access ("EMMA") system website within the time periods specified in the CDAs.
Subject to the payment of the fees provided for in "Exhibit A: Fee Schedule" attached hereto and the terms and conditions provided for in the "EMMA® Filing Assistance Software End User License Agreement" located at dtsmuni.com, both of which are hereby incorporated by reference into this Agreement, the Licensor hereby (i) grants to Licensee and all Obligated Persons, a non-exclusive, non-transferable, non-sublicensable, limited license and right to access and use the DTS Portal ("Portal") for the purposes provided for herein. Utilizing the Portal, DTS will provide annual and quarterly notices of reporting deadlines to each Obligated Person utilizing the Portal prior to the applicable Annual Filing Date(s) and Quarterly Filing Date(s) set forth in the CDAs. The Portal will also provide electronic links to each Obligated Person that will allow for the District and other Obligated Persons to input all the information required for the Annual Reports (excluding the Audited Financial Statements) and the Quarterly Reports under the CDAs, respectively, into a reportable format (collectively, the "Formatted Information"). DTS warrants that the Portal and the Formatted Information will be fully compliant with the requirements of the CDA and be free from material defects. In the event the Portal or the collection of the Formatted Information fails to operate as represented, or is inoperable, the District shall be entitled to a full refund of any annual fees paid for the fiscal year in which the Portal is utilized by the District. Notwithstanding this provision or failure to provide such Formatted Information or any Services, the District, and its Dissemination Agent, if any, will remain responsible for filing the Formatted Information with EMMA on or before the deadlines provided for in the CDAs. The Portal shall not include any links for Listed Events as defined in the CDAs and all EMMA reporting obligations shall remain the sole obligations of the District and the Obligated Persons as set forth in the CDAs if and when a Listed Events report needs to be filed.

This Agreement shall commence on the Effective Date and continue through September 30 of the year in which this Agreement is executed, and thereafter, shall renew for additional one (1) year terms (based on the District’s fiscal year, which ends September 30) so long as the District is obligated under any CDAs. Either party may terminate this Agreement upon thirty (30) days prior written notice to the other party hereto. Any fees paid prior to termination shall be considered earned and non-refundable. The Licensor may request additional fees hereunder upon thirty (30) days written notice to Licensee prior to the annual renewal date. prior. Upon the termination of this Agreement, Licensee shall immediately discontinue use of the Portal. Licensee's obligations according to the provisions of this Agreement prior to termination shall survive termination of this Agreement. This Agreement is also subject to the terms set forth in Exhibit B.

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IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date below written.

Cypress Ridge Community Development District
Disclosure Technology Services, LLC

By:	 _Print: Michael Klurman	 ^Title: VIce President	 _Date:  11-21-2023	

^Print:  Milton Andrade	 ^Title:  Chairman	 Date:    12/8/2023	 

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Exhibit A – Fee Schedule

Annual License Fee:
Year 1 - $1,500 at Bond Closing to be paid from issuance cost budget (and was set aside)
After Year 1, $1500 per annum per bond issuance, not to exceed $5,000 per annum for all bond issuances to be issued by the District.

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Exhibit B – CDD Addendum
The following terms apply notwithstanding any other provision of the Agreement (including but not limited to any of the terms incorporated therein from other documents):

PUBLIC RECORDS. DTS understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, DTS agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to section 119.0701, Florida Statutes. DTS acknowledges that the designated public records custodian for the District is the District’s Manager (“Public Records Custodian”). Among other requirements and to the extent applicable by law, DTS 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 DTS 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 DTS’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 DTS, DTS 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 DTS HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO DTS’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC
RECORDS, C/O Government Management Services Central Florida, LLC 219 E. Livingston St, Orlando, FL 32801.
LIMITATIONS ON LIABILITY. Nothing in the Agreement shall be deemed as a waiver of immunity or limits of liability of the District beyond any statutory limited waiver of immunity or limits of liability which may have been adopted by the Florida Legislature in section 768.28, Florida Statutes, or other statute or 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 the Doctrine of Sovereign Immunity or by operation of law.
SCRUTINIZED COMPANIES. DTS certifies that it is not in violation of section 287.135, Florida Statutes, and is not prohibited from doing business with the District under Florida law, including but not limited to Scrutinized Companies with Activities in Sudan List or Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List. If DTS is found to have submitted a false statement, has been placed on the Scrutinized Companies with Activities in Sudan List or the Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List, or has been engaged in business operations in Cuba or Syria, or is now or in the future on the Scrutinized Companies that Boycott Israel List, or engaged in a boycott of Israel, the District may immediately terminate this Agreement.

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DocuSign Envelope ID: E2EC9CA9-1F83-45A6-A44E-487CEC46F5A1

E-VERIFY. DTS shall comply with and perform all applicable provisions of Section 448.095, Florida Statutes. Accordingly, to the extent required by Florida Statute, DTS 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 and shall comply with all requirements of Section 448.095, Florida Statutes, as to the use of subcontractors. The District may terminate the Agreement immediately for cause if there is a good faith belief that DTS has knowingly violated Section 448.091, Florida Statutes. By entering into this Agreement, DTS represents that no public employer has terminated a contract with DTS under Section 448.095(2)(c), Florida Statutes, within the year immediately preceding the date of this Agreement.
CONTROLLING LAW AND VENUE. The Agreement shall be construed, interpreted, and controlled according to the laws of the State of Florida.

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Section VIII

Section C

Section 1

Summary of Check Register

November 1, 2023 to March 31, 2024

| Fund | Date | Check No.'s | | Amount |
General Fund | | | | | |
| | 11/8/23 | 128 | $ | | 1,158.00
| | 11/28/23 | 129-132 | $ | | 7,668.81
| | 12/13/23 | 133-134 | $ | | 3,906.17
| | 1/29/24 | 135 | $ | | 2,031.66
| | 2/27/24 | 136-137 | $ | | 7,858.41

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/04/24	PAGE	1
*** CHECK DATES 11/01/2023 - 03/31/2024 ***	CYPRESS RIDGE GENERAL FUND
BANK A CYPRESS RIDGE GF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

SUPERVISOR FEES 11/09/23
200.00

POSTAGE
9/01/23 33	202309 310-51300-49000	*	115.57
HOLIDAY INN MEETING ROOM
11/01/23 35	202311 310-51300-34000	*	3,091.67
MANAGEMENT FEES - NOV 23
11/01/23 35	202311 310-51300-35200	*	100.00
WEBSITE ADMIN - NOV 23
11/01/23 35	202311 310-51300-35100	*	150.00
INFORMATION TECH - NOV 23
11/01/23 35	202311 310-51300-31300	*	416.67
DISSEMINATION - NOV 23
11/01/23 35	202311 310-51300-51000	*	.12
OFFICE SUPPLIES
11/01/23 35	202311 310-51300-42000	*	2.53
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES	7,068.81 000130
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11/28/23 00005 11/09/23 GP110920 202311 310-51300-11000	*	200.00
SUPERVISOR FEES 11/09/23
GARRET PARKINSON	200.00 000131
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/28/23 00008 11/09/23 JS110920 202311 310-51300-11000	*	200.00
SUPERVISOR FEES 11/09/23
JEFFREY SHENEFIELD	200.00 000132
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/13/23 00002 12/01/23 36	202312 310-51300-34000	*	3,091.67
MANAGEMENT FEES - DEC 23
12/01/23 36	202312 310-51300-35200	*	100.00
WEBSITE ADMIN - DEC 23
CRCD CYPRESS RIDGE	HHENRY
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/04/24	PAGE	2
*** CHECK DATES 11/01/2023 - 03/31/2024 ***	CYPRESS RIDGE GENERAL FUND
BANK A CYPRESS RIDGE GF
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
12/01/23 36	202312 310-51300-35100	*	150.00
INFORMATION TECH - DEC 23
12/01/23 36	202312 310-51300-31300	*	416.67
DISSEMINATION - DEC 23
12/01/23 36	202312 310-51300-51000	*	5.06
OFFICE SUPPLIES
12/01/23 36	202312 310-51300-42000	*	1.27
POSTAGE
12/01/23 36	202312 310-51300-42500	*	1.50
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	3,766.17 000133
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/13/23 00014 11/10/23 7868	202310 310-51300-31500	*	140.00
GENERAL COUNSEL - OCT 23
KILINSKI/VAN WYK, PLLC	140.00 000134
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/29/24 00014 12/15/23 8149	202311 310-51300-31500	*	1,693.41
GENERAL COUNSEL - NOV23
1/18/24 8537	202312 310-51300-31500	*	338.25
GENERAL COUNSEL - DEC 23
KILINSKI/VAN WYK, PLLC	2,031.66 000135
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/27/24 00002	1/01/24 37	202401 310-51300-34000	*	3,091.67
MANAGEMENT FEES - JAN 24
1/01/24 37	202401 310-51300-35200	*	100.00
WEBSITE ADMIN - JAN 24
1/01/24 37	202401 310-51300-35100	*	150.00
INFORMATION TECH - JAN 24
1/01/24 37	202401 310-51300-31300	*	416.67
DISSEMINATION - JAN 24
1/01/24 37	202401 310-51300-51000	*	.12
OFFICE SUPPLIES
1/01/24 37	202401 310-51300-42000	*	2.53
POSTAGE
1/01/24 37	202401 310-51300-49000	*	115.57
HOLIDAY INN - MEETINGROOM
2/01/24 38	202402 310-51300-34000	*	3,091.67
MANAGEMENT FEES - FEB 24
2/01/24 38	202402 310-51300-35200	*	100.00
WEBSITE ADMIN - FEB 24
2/01/24 38	202402 310-51300-35100	*	150.00
INFORMATION TECH - FEB 24
2/01/24 38	202402 310-51300-31300	*	416.67
DISSEMINATION - FEB 24
2/01/24 38	202402 310-51300-51000	*	.27
OFFICE SUPPLIES
CRCD CYPRESS RIDGE	HHENRY
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/04/24	PAGE	3
*** CHECK DATES 11/01/2023 - 03/31/2024 ***	CYPRESS RIDGE GENERAL FUND
BANK A CYPRESS RIDGE GF

POSTAGE

COUNSEL - JAN 24
217.50

CRCD CYPRESS RIDGE	HHENRY

Section 2

Cypress Ridge
Community Development District

Unaudited Financial Reporting
February 29, 2024

Table of Contents

1	Balance Sheet

2	General Fund

3	Debt Service - Series 2023

4	Capital Projects Fund

5	Month to Month

6	Long Term Debt Report

7	Assessment Receipt Schedule
Cypress Ridge
Community Development District Combined Balance Sheet February 29, 2024

Assets:
Operating Account | $	12,526 | $	-	$	1,862 | $	14,388 | | | | |
Due From Developer Investments: | $	- | $	-	$	2,285,743 | $	2,285,743 | | | | |
Series 2023 | | | | | | | |
Reserve | $	-	$	938,432 | $ | -	$	938,432 | | | | |
Interest | $	-	$	4,758 | $ | -	$	4,758 | | | | |
Construction | $	-	$	-	$	1,442 | $	1,442 | | | | | |
Cost of Issuance | $	-	$	-	$	29 | $	29 | | | | | |
Total Assets | $	12,526	$	943,190	$	2,289,075 | $	3,244,792 | | | | | |
Liabilities: | | | | | | | |
Accounts Payable | $	36	$	-	$	- | $	36 | | | | | |
Retainage Payable | $	-	$	-	$	409,769 | $	409,769 | | | | | |
Total Liabilities | $	36	$	-	$	409,769 | $	409,805 | | | | | |
Fund Balances: | | | | | | | |
Nonspendable: | | | | | | | |
Deposits and Prepaid Items | $	-	$	-	$	- | $	- | | | | | |
Restricted for: | | | | | | | |
Debt Service | $ | - | $ | 943,190 | $ | - | $ | 943,190
Capital Projects | $ | - | $ | - | $ | 1,879,307 | $ | 1,879,307
Unassigned | $ | 12,490 | $ | - | $ | - | $ | 12,490
Total Fund Balances | $	12,490 | $	943,190 | $	1,879,307 | $	2,834,987 | | | |
Total Liabilities & Fund Balance | $	12,526 | $	943,190 | $	2,289,075 | $	3,244,792 | | | |
Cypress Ridge
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 29, 2024

| Adpoted | Prorated Budget | Actual |
| Budget | Thru 02/29/24 | Thru 02/29/24 | Variance
Revenues | | | |
Developer Contributions | $	252,951 | $	20,000 | $	20,000 | $	-
Total Revenues | $	252,951 | $	20,000 | $	20,000 | $	-
Expenditures: | | | |
General & Administrative: | | | |
Supervisor Fees | $	12,000 | $	5,000 | $	600 | $	4,400
Engineering | $	15,000 | $	6,250 | $	- | $	6,250
Attorney | $	25,000 | $	10,417 | $	2,389 | $	8,028
Annual Audit | $	5,000 | $	- | $	- | $	-
Assessment Administration | $	5,000 | $	- | $	- | $	-
Arbitrage | $	900 | $	- | $	- | $	-
Dissemination | $	6,000 | $	2,500 | $	2,083 | $	417
Trustee Fees | $	8,020 | $	- | $	- | $	-
Management Fees | $	37,100 | $	15,458 | $	15,458 | $	(0)
Information Technology | $	1,800 | $	750 | $	750 | $	-
Website Maintenance | $	1,200 | $	500 | $	500 | $	-
Postage & Delivery | $	600 | $	250 | $	15 | $	235
Insurance | $	6,181 | $	6,181 | $	5,590 | $	591
Copies | $	850 | $	354 | $	2 | $	353
Legal Advertising | $	7,500 | $	3,125 | $	1,158 | $	1,967
Contingency | $	5,000 | $	2,083 | $	379 | $	1,704
Office Supplies | $	625 | $	260 | $	6 | $	255
Dues, Licenses & Subscriptions | $	175 | $	175 | $	175 | $	-
Total General & Administrative | $	137,951 | $	53,304 | $	29,105 | $	24,199

Operations & Maintenance Field Expenses
Property Insurance

$	10,000

$	-

$	-

$	-

General Field Contingency | $	100,000 | $	- | $	- | $	-
Total Operations & Maintenance | $	110,000 | $	- | $	- | $	-

Amenity Expenses
Amenity Access Management

$	5,000

$	-

$	-

$	-

Total Operations & Maintenance | $	5,000 | $	- | $	- | $	-
Total Expenditures | $	252,951 | $	53,304 | $	29,105 | $	24,199
Excess (Deficiency) of Revenues over Expenditures | $	- | | $	(9,105) |
Fund Balance - Beginning | $	- | | $	21,595 |
Fund Balance - Ending | $	- | | $	12,490 |
Cypress Ridge
Community Development District Debt Service Fund - Series 2023
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 29, 2024

Proposed | Prorated Budget | Actual |
Budget | Thru 02/29/24 | Thru 02/29/24 | Variance

Revenues: | | | |
Assessments - Direct | $	913,238 | $	- | $	- | $	-
Interest | $	- | $	- | $	25,547 | $	25,547
Total Revenues | $	913,238 | $	- | $	25,547 | $	25,547
Expenditures: | | | |
Interest Expense - 11/1 | $	124,986 | $	124,986 | $	124,986 | $	-
Principal Expense - 05/1 | $	180,000 | $	- | $	- | $	-
Interest Expense - 05/1 | $	368,813 | $	- | $	- | $	-
Total Expenditures | $	673,799 | $	124,986 | $	124,986 | $	-
Other Financing Sources: | | | |
Transfer In/(Out) | $	- | $	- | $	3,611 | $	(3,611)
Total Other Financing Sources (Uses) | $	- | $	- | $	3,611 | $	(3,611)
Excess Revenues (Expenditures) | $	239,439 | | $	(95,829) |
Fund Balance - Beginning | $	124,986 | | $	1,039,019 |
Fund Balance - Ending | $	364,425 | | $	943,190 |
Cypress Ridge
Community Development District Capital Projects Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 29, 2024

Proposed | Prorated Budget | Actual |
Budget | Thru 02/29/24 | Thru 02/29/24 | Variance

Revenues | | | |
Developer Contributions | $ | -	$ | -	$	7,094,348 | $	7,094,348
Interest | $ | -	$ | -	$	31,808 | $	31,808
Total Revenues | $ | -	$ | -	$	7,126,156 | $	7,126,156
Expenditures: | | | |
Contingency | $ | -	$ | -	$	138 | $	(138)
Capital Outlay | $ | -	$ | -	$	4,808,605 | $	(4,808,605)
Capital Outlay - COI | $ | -	$ | -	$	1,500 | $	(1,500)
Total Expenditures | $ | -	$ | -	$	4,810,243 | $	(4,810,243)
Other Financing Sources: | | | |
Transfer In/(Out) | $ | -	$ | -	$	(3,611) | $	3,611

Total Other Financing Sources (Uses) | $	- | $	- | $	(3,611) | $	3,611
Excess (Deficiency) of Revenues over Expenditures | $	- | $	2,312,302 | |

Fund Balance - Beginning | $ | -	$	(432,995)
Fund Balance - Ending | $ | -	$	1,879,307
Cypress Ridge
Community Development District Month to Month

Revenues | | | | | |
Developer Contributions | $	20,000 | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	20,000
Total Revenues | $	20,000 | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	20,000
Expenditures: | | | | | |
General & Administrative: | | | | | |
Supervisor Fees | $	- | $	600 | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	600
Engineering | $	- | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
Attorney | $	140 | $	1,693 | $	338 | $	218 | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,389
Annual Audit | $	- | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
Assessment Administration | $	- | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
Arbitrage | $	- | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
Dissemination | $	417 | $	417 | $	417 | $	417 | $	417 | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2,083
Trustee Fees | $	- | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
Management Fees | $	3,092 | $	3,092 | $	3,092 | $	3,092 | $	3,092 | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	15,458
Information Technology | $	150 | $	150 | $	150 | $	150 | $	150 | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	750
Website Maintenance | $	100 | $	100 | $	100 | $	100 | $	100 | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	500
Postage & Delivery | $	3 | $	3 | $	1 | $	3 | $	6 | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	15
Insurance | $	5,590 | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,590
Copies | $	- | $	- | $	2 | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2
Legal Advertising | $	1,158 | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,158
Contingency | $	109 | $	38 | $	38 | $	154 | $	40 | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	379
Office Supplies | $	0 | $	0 | $	5 | $	0 | $	0 | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6
Dues, Licenses & Subscriptions | $	175 | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175
Total General & Administrative: | $	10,933 | $	6,092 | $	4,143 | $	4,132 | $	3,804 | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	29,105

Operation and Maintenance
Field Expenditures
Property Insurance

$	-

$	-

$	-

$	-

$	-

$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

General Field Contingency | $	- | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
Total Field Expenditures: | $	- | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

Amenity Expenditures
Amenity Access Management

$	-

$	-

$	-

$	-

$	-

$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

Total Amenity Expenditures | $	- | $	- | $	- | $	- | $	- | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-
Total Expenditures | $	10,933 | $	6,092 | $	4,143 | $	4,132 | $	3,804 | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	29,105
Excess (Deficiency) of Revenues over Expenditures | $	9,067 | $	(6,092) | $	(4,143) | $	(4,132) | $	(3,804) | $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	(9,105)
Cypress Ridge
Community Development District Long Term Debt Report

SERIES 2023, SPECIAL ASSESSMENT REVENUE BONDS |
Interest Rate: | 4.875%, 5.625%, 5.875%
Maturity Date: | 5/1/2053
Reserve Fund Definition | Maximum Annual Debt Service
Reserve Fund Requirement | $913,728
Reserve Fund Balance | $938,432

Bonds Outstanding - 08/30/23	$13,000,000
CURRENT BONDS OUTSTANDING	$13,000,000

Cypress Ridge
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2024

DIRECT BILL ASSESSMENTS

Clayton Properties INC. 2024-01 | | Net Assessments | $  913,237.50 | $  913,237.50 |
Date Received | Due Date | Check Number | Net Assessed | Amount Received | Series 2023

3/15/24
9/15/24

$	548,812.50
$	364,425.00

| $	913,237.50 | $	- | $	- | |

Audit Committee Meeting

Section III

Section A
CYPRESS RIDGE COMMUNITY DEVELOPMENT DISTRICT REQUEST FOR PROPOSALS
District Auditing Services for Fiscal Year 2024
Hillsborough County, Florida

Instructions to Proposers

SECTION 1. DUE DATE. Sealed proposals must be received no later than Monday, May 6, 2024 at 5:00 p.m., at the offices of Governmental Management Services – Central Florida, LLC, Attn: Jill Burns/Samantha Ham, District Manager, 219 East Livingston Street, Orlando, Florida 32801. Proposals will be publicly opened at that time.

Section 2. Familiarity with the Law. By submitting a proposal, the Proposer is assumed to be familiar with all federal, state, and local laws, ordinances, rules and regulations that in any manner affect the work. Ignorance on the part of the Proposer will in no way relieve it from responsibility to perform the work covered by the proposal in compliance with all such laws, ordinances and regulations.

Section 3. Qualifications of Proposer. The contract, if awarded, will only be awarded to a responsible Proposer who is qualified by experience and licensing to do the work specified herein. The Proposer shall submit with its proposal satisfactory evidence of experience in similar work and show that it is fully prepared to complete the work to the satisfaction of the District.
Section 4. Submission of Only One Proposal. Proposers shall be disqualified, and their proposals rejected if the District has reason to believe that collusion may exist among the Proposers, the Proposer has defaulted on any previous contract or is in arrears on any previous or existing contract, or for failure to demonstrate proper licensure and business organization.
SECTION 5. SUBMISSION OF PROPOSAL. Submit one (1) original hard copy and one (1) electronic copy of the Proposal Documents, and other requested attachments, at the time and place indicated herein, which shall be enclosed in an opaque sealed envelope, marked with the title “Auditing Services – Cypress Ridge Community Development District” on the face of it.

Section 6. Modification and Withdrawal. Proposals may be modified or withdrawn by an appropriate document duly executed and delivered to the place where proposals are to be submitted at any time prior to the time and date the proposals are due. No proposal may be withdrawn after opening for a period of ninety (90) days.

Section 7. Proposal Documents. The proposal documents shall consist of the notice announcing the request for proposals, these instructions, the Evaluation Criteria Sheet and a proposal with all required documentation pursuant to Section 12 of these instructions (the “Proposal Documents”).
Section 8. Proposal. In making its proposal, each Proposer represents that it has read and understands the Proposal Documents and that the proposal is made in accordance therewith.
Section 9. Basis of Award/Right to Reject. The District reserves the right to reject any and all proposals, make modifications to the work, and waive any informalities or irregularities in proposals as it is deemed in the best interests of the District.
Section 10. Contract Award. Within fourteen (14) days of receipt of the Notice of Award from the District, the Proposer shall enter into and execute a Contract (engagement letter) with the District.
Section 11. Limitation of Liability. Nothing herein shall be construed as or constitute a waiver of District’s limited waiver of liability contained in Section 768.28, Florida Statutes, or any other statute or law.

Section 12. Miscellaneous. All proposals shall include the following information in addition to any other requirements of the proposal documents.
List position or title of all personnel to perform work on the District audit. Include résumés for each person listed; list years of experience in present position for each party listed and years of related experience.

Describe  proposed   staffing	levels, including résumés with applicable certifications.
Three references from projects of similar size and scope. The Proposer should include information relating to the work it conducted for each reference as well as a name, address and phone number of a contact person.
The cost of the provision of the services under the proposal for Fiscal Year 2024, plus the cost of four (4) annual renewals.
Provide a proposed schedule for performance of the audit.

Section 13. Protests. In accordance with the District’s Rules of Procedure, any protest regarding the Proposal Documents, must be filed in writing, at the offices of the District Manager, within seventy-two (72) calendar hours (excluding Saturday, Sunday, and state holidays) after the receipt of the Proposal Documents. The formal protest setting forth with particularity the facts and law upon which the protest is based shall be filed within seven (7) calendar days (including Saturday, Sunday, and state holidays) after the initial notice of protest was filed. Failure to timely file a notice of protest or failure to timely file a formal written protest shall constitute a waiver of any right to object or protest with respect to the aforesaid Proposal Documents.

Section 14. Evaluation of Proposals. The criteria to be used in the evaluation of proposals are presented in the Evaluation Criteria Sheet, contained within the Proposal Documents.
CYPRESS RIDGE COMMUNITY DEVELOPMENT DISTRICT AUDITOR SELECTION EVALUATION CRITERIA

Ability of Personnel.	(20 Points)

(E.g., geographic location of the firm’s headquarters or permanent office in relation to the project; capabilities and experience of key personnel; present ability to manage this project; evaluation of existing workload; proposed staffing levels, etc.)

Proposer’s Experience.	(20 Points)

(E.g. past record and experience of the Proposer in similar projects; volume of work previously performed by the firm; past performance for other community development districts in other contracts; character, integrity, reputation of Proposer, etc.)

Understanding of Scope of Work.	(20 Points)

Extent to which the proposal demonstrates an understanding of the District’s needs for the services requested.
Ability to Furnish the Required Services.	(20 Points)
Extent to which the proposal demonstrates the adequacy of Proposer’s financial resources and stability as a business entity necessary to complete the services required.
Price.	(20 Points)
Points will be awarded based upon the lowest total proposal for rendering the services and the reasonableness of the proposal.
TOTAL	(100 Points)

Section B
CYPRESS RIDGE COMMUNITY DEVELOPMENT DISTRICT REQUEST FOR PROPOSALS FOR ANNUAL AUDIT SERVICES

The Cypress Ridge Community Development District hereby requests proposals for annual financial auditing services. The proposal must provide for the auditing of the District’s financial records for the fiscal year ending September 30, 2024, with an option for four (4) additional annual renewals. The District is a local unit of special-purpose government created under Chapter 190, Florida Statutes, for the purpose of financing, constructing, and maintaining public infrastructure. The District is located in Hillsborough County, Florida. The District currently has an operating budget of approximately $252,951. The final contract will require that, among other things, the audit for the fiscal year ending September 30, 2024, be completed no later than June 1, 2025.

Each auditing entity submitting a proposal must be authorized to do business in Florida; hold all applicable state and federal professional licenses in good standing, including but not limited to a license under Chapter 473, Florida Statutes, and be qualified to conduct audits in accordance with “Government Auditing Standards”, as adopted by the Florida Board of Accountancy. Audits shall be conducted in accordance with Florida law and particularly section 218.39, Florida Statutes, and the rules of the Florida Auditor General.
Proposal packages, which include evaluation criteria and instructions to proposers, are available from the District Manager at the address and telephone number listed below.
Proposers must provide one (1) original hard copy and one (1) electronic copy of their proposal to Governmental Management Services – Central Florida, LLC Attn: Jill Burns/Samantha Ham, District Manager/Staff, 219 East Livingston Street, Orlando, Florida 32801, in an envelope marked on the outside “Auditing Services – Cypress Ridge Community Development District.”
Proposals must be received by 5:00 PM on Monday, May 6, 2024, at the office address listed above. Proposals received after this time will not be eligible for consideration. Please direct all questions regarding this Notice to the District Manager who can be reached at (407) 841-5524.
Jill Burns, District Manager
Governmental Management Services – Central Florida, LLC Run Date: Wednesday, April 17, 2024