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, July 11, 2024 at 3:05 p.m. at the Holiday Inn Express & Suites 2102 N. Park Rd., Plant City, Florida.

Present and constituting a quorum:

Milton Andrade Garret Parkinson Brian Walsh Kareyann Ellison
Also present were:
Jill Burns Savannah Hancock Rich McGrath

Chairman
Vice Chairman Assistant Secretary
Appointed as Assistant Secretary

District Manager, GMS
District Counsel, Kilinski Van Wyk GMS Staff

Joel Blanco	Field Manager, GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order at 3:07 p.m. and called the roll. Four 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	Approval of Minutes of the April 11, 2024
Audit Committee and Board of Supervisor’s Meeting
Ms. Burns presented the minutes of the April 11, 2024 Audit Committee Meeting and Board of Supervisors meeting. She asked if there were any questions, comments, or corrections. Hearing no changes from the Board, she asked for a motion to approve both sets of minutes.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, the Minutes of the April 11, 2024 Audit Committee Meeting and the Board of Supervisor’s Meeting, were approved.

FOURTH ORDER OF BUSINESS	Acceptance of the Rankings of the Audit
Committee and Authorizing Staff to Send Notice of Intent to Award
Ms. Burns stated that the Audit Committee ranked DiBartolomeo, McBee, Hartley, & Barns 1 and Grau & Associates as 2 and asked for a motion to accept the rankings and authorize staff to send the notice of intent to award to DiBartolomeo and authorize Counsel to draft the agreement.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, Acceptance of the Rankings of the Audit Committee and Authorizing Staff to Send Notice of Intent to Award, was approved.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-05 Appointing an Assistant Secretary
Ms. Burns noted that this resolution appoints Kareyann Ellison as Assistant Secretary and asked for a motion of approval.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, Resolution 2024-05 Appointing an Assistant Secretary, was approved.

SIXTH ORDER OF BUSINESS	Public Hearing
Public Hearing on the Adoption of the Fiscal Year 2024/2025 Budget
Ms. Burns stated that the public hearing had been advertised in the paper per Florida statute requirement and asked for a motion to open the hearing.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, Opening the Public Hearing, was approved.

Ms. Burns stated there were no members of the public present for comment and asked for a motion to close the public hearing.

On MOTION by Mr. Walsh, seconded by Mr. Parkinson, with all in favor, Closing the Public Hearing, was approved.

Consideration of Resolution 2024-06 Adopting the District’s Fiscal Year 2024/2025 Budget and Appropriating Funds
Ms. Burns presented the resolution and noted that it is developer funded and all expenses will be billed as they are incurred. She highlighted a small field contingency as they anticipate having some

landscaping costs before offering to answer and Board questions. There being none she asked for a motion of approval.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, Resolution 2024-06 Adopting the District’s Fiscal Year 2024/2025 Budget and Appropriating Funds, was approved.

Consideration of Fiscal Year 2024/2025 Developer Funding Agreement
Ms. Burns presented the agreement with Clayton Properties Group and stated that it is included in the agenda package. She asked for a motion of approval.

On MOTION by Mr. Walsh, seconded by Mr. Parkinson, with all in favor, the Fiscal Year 2024/2025 Developer Funding Agreement, was approved.

Consideration of Resolution 2024-08 Debt Assessment (Provided Under Separate
Cover)
Ms. Hancock summarized the resolution stating that they have to collect the debt assessment
on the issued bonds and this resolution certifies that previous assessment lean for collection for this year. She noted that the underline language for the collection schedule will be adjusted based on the collection needed for the debt service. The resolution is to be amended to state October 1, 2024 and April 1, 2025 with discretion for the District management company to set those percentages as needed for collection.

On MOTION by Mr. Walsh, seconded by Ms. Ellison, with all in favor, Resolution 2024-08 Debt Assessment, was approved as amended.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2024-07
Designation of a Regular Monthly Meeting Date, Time, and Location for Fiscal Year 2024/2025
Ms. Burns asked the Board if they would like to keep the same meeting time. They agreed ad there was a motion of approval.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, Resolution 2027-07 Designation of a Regular Monthly Meeting Date, Time, and Location, was approved.

EIGTH ORDER OF BUSINESS	Consideration of the Adoption of Goals and
Objectives for the District
Ms. Burns asked for a motion of approval.

On MOTION by Mr. Walsh, seconded by Ms. Ellison, with all in favor, the Adoption of Goals and Objectives for the District, was approved.

NINTH ORDER OF BUSINESS	Presentation of Fiscal Year 2023 Audit
Report
Ms. Burns presented the audit report to the Board and noted that it was a clean audit with no instances of noncompliance and no findings. It was not submitted by the June deadline but has been submitted. She offered to answer any Board questions. Hearing no questions, there was a motion of approval.

On MOTION by Mr. Walsh, seconded by Ms. Ellison, with all in favor, the Fiscal Year 2023 Audit Report, was approved.

TENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Hancock 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 presented the check register for approval and noted it is included in the agenda package for Board review. She offered to answer any questions. Hearing none, there was a motion of approval.

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

Secretary/Assistant Secretary

Balance Sheet & income Statement
Ms. Burns noted financial statements were included in their package and asked for any Board questions. She stated there was no action necessary.

Presentation of Number of Registered Voters – 0
Ms. Burns presented the number of registered voters living within the boundaries of the District to be zero.

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. Walsh, seconded by Mr. Parkinson, with all in favor, the meeting was adjourned.

Chairman/Vice Chairman