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.

On MOTION by Mr. Parkinson, seconded by Mr. Walsh, with all in favor, Resolution 2024-01 Canvassing and Certifying the Results of the Landowners’ Election, was approved.

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.

On MOTION by Mr. Shenefield, seconded by Mr. Walsh, with all in favor, Resolution 2024-02 Electing Officers as slated above, was approved.

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.

On MOTION by Mr. Walsh, seconded by Mr. Parkinson, with all in favor, the Minutes of the July 13, 2023 Board of Supervisor’s Meeting, were approved.

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 30th. She explained that this resolution ratifies and confirms all the actions taken by District officers and staff related to the closing of those bonds.

On MOTION by Mr. Walsh, seconded by Mr. Parkinson, with all in favor, Resolution 2024-03 Ratifying Series 2024 Bonds, was approved.

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.

On MOTION by Mr. Walsh, seconded by Mr. Parkinson, with all in favor, the Disclosure of Public Financing, was approved.

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.

On MOTION by Mr. Walsh, seconded by Mr. Parkinson, with all in favor, the Proposal for Arbitrage Rebate Services for Series 2023 Assessment Area One Project Bonds from AMTEC, was approved.

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.

On MOTION by Mr. Walsh, seconded by Mr. Parkinson, with all in favor, the Check Register totaling $9,301,445.23, was approved.

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.

On MOTION by Mr. Shenefield, seconded by Mr. Parkinson, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman