Hacienda North Community Development District
707 Orchid Drive, Naples, FL 34102
P. 239-269-1341

BOARD OF SUPERVISORS	Monday, May 15, 2023, 10:00 a.m.
HACIENDA NORTH COMMUNITY	4001 Tamiami Trail N. Suite 300
DEVELOPMENT DISTRICT	Naples, Florida 34103

I.	Roll Call.

II.	Public Comments on Agenda Items.		
III.	Organizational Matters:		
	A. Hacienda North CDD FY 2023-2024 Budget Review.	Exhibit 1	
	B. Consideration of Resolution 2023-4: A Resolution of the Board of Supervisors of Hacienda North Community Development District approving a proposed budget for Fiscal Year 2023-2024 and setting a public hearing date thereon pursuant to Florida Law.
Administrative Matters	

Exhibit 2	
IV.			
	A. Approval of Minutes of the November 7, 2022 Meeting.	Exhibit 3	
	B. Approval of Minutes of the May 2, 2023 Meeting.	Exhibit 4	
V.	Business Matters		
	A. Consideration of the April 2023 Financials	Exhibit 5	
VI.	Financial Matters		
	A. Series 2023 Bonds Update.		
VII.	Staff Reports.		
	A. Manager.		
	B. Legal Counsel.		
	C. Engineer.		

VIII.	Public Comments	
IX.	Supervisors’ Requests.	
X.	Adjournment.	

EXHIBIT 1

Hacienda North Community Development District FY 2022-2023 Budget

REVENUES
CARRY OVER REVENUE TO EQUALIZE ASSESSMENTS ON-ROLL ASSESSMENTS

Fiscal Year Budget

$	-
$	-

413 Platted Lots

OFF ROLL DEVELOPER ASSESSMENTS

$	128,615

Balance of Unplatted Acres

INTEREST REVENUE	-
MISCELLANEIOUS REVENUE	-
TOTAL REVENUES	$	128,615

EXPENDITURES

ADMINISTRATIVE
BOARD OF SUPERVISORS PAYROLL

$	6,000

6 meetings @ $1,000 each

PAYROLL SERVICE FEE		140 Mattice 1099 Preparation MANAGEMENT CONSULTING SERVICES	30,000 $2,500/Month
ASSESSMENT ADMINISTRATION	11,850 MBS Capital Reporting, U.S. Bank, Cusip Fee
ASSESSMENT ROLL PREPARATION	- Assessment Roll Preparation for Tax Collector
MISCELLANEOUS	250 Office Supplies, etc.
AUDITING	5,000 2022-2023 Audit
ACCOUNTING FIRM	6,000 Mattice Business Services - $500 month
INSURANCE (Liability, Property & Casuality)	6,400 DAO Insurance
LEGAL ADVERTISING	3,000 2 Ads at $1,250/each and 1 @ $500/each
REGULATORY AND PERMIT FEES	175 State Filing Fee
LEGAL SERVICES	10,000 Coleman Yovanovich & Koester
ENGINEERING SERVICES - General	10,000 Atwell
WEBSITE HOSTING & ADMINISTRATION	2,500 Required by State Law - VGlobal Contract Price + Quickbooks MISCELLANEOUS SERVICES		-

TOTAL ADMINISTRATIVE EXPENDITURES	$	91,315

NOTE: Field Operations estimated to start 4/1/24 so estimated budget is for a half year.

FIELD OPERATIONS
FIELD OPERATIONS MANAGEMENT STAFF	$	-
LANDSCAPING & FIELD MAINTENANCE	30,000 $5,000 a month. Initial grow in maintenance as mature maintenance LANDSCAPE REPLACEMENT		- Plants are under warrenty for a year.
LANDSCAPE MULCHING	- Mulching twice a year @ $2,500 each
IRRIGATION REPAIRS	- Irrigation should be under warrently
SOD REPLACEMENT	-
TREE PRUNING	-
MASTER PUMP MAINTENANCE	-
LAKE BANK MAINTENANCE RESERVE		- Annual Reserve Contribution ELECTRICITY	1,500 Approximately $250/month
FOUNTAINS	- Fountain Repair and Maintenance
WATER USE MONITORING	3,300 Cardno Entrix @ $275/month ENTRY MONUMENTS MAINTENANCE		- Pressure Cleaning, Painting, etc.
HOLIDAY DECORATIONS	- Brennan's Christmas Decorations
WETLAND MONITORING	- Approximatly $100/month
STREET SWEEPING	- Twice a year - Construction abating
SFWMD ERP ANNUAL REPORT	- Annual
LAKE TESTING	- Once per year
SABLE PALM CULVERTS CLEANING	- Once per year
LAKE MAINTENANCE	2,500 $200 per month for 2 lakes + plus rounding
TOTAL FIELD OPERATIONS EXPENDITURES	$	37,300

TOTAL EXPENDITURES	$	128,615

EXHIBIT 2

RESOLUTION 2023-5

A RESOLUTION OF THE BOARD OF SUPERVISORS OF HACIENDA NORTH COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2023-24 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICT AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (the “Board”) a proposed budget for Fiscal Year 2023-24 prior to June 15, 2023, a copy of which is attached hereto and made a part hereof as Exhibit “A”; and

WHEREAS, the Board has considered said proposed budget and desires to set the required public hearing thereon.
NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF HACIENDA NORTH COMMUNITY DEVELOPMENT DISTRICT:
SECTION 1. That the foregoing whereas clauses are true and correct and incorporated herein as if written into this Section.
SECTION 2. The proposed Budget submitted by the District Manager for Fiscal Year 2023-24 and attached hereto as Exhibit “A” is hereby approved as the basis for conducting a public hearing to adopt said budget.

SECTION 3. A public hearing on said approved budget is hereby declared and set for the following
date, hour and location:	
DATE:	Monday, August 21, 2023	
HOUR:	10:00 a.m.	
LOCATION:	8490 Viale Circle	
Naples, FL 34114

SECTION 4. The District Manager is hereby directed to submit a copy of the proposed budget to Collier County at least sixty (60) days prior to the hearing date set forth above.
SECTION 5. Notice of this public hearing on the budget shall be published in a newspaper of general circulation in the area of the district once a week for two (2) consecutive weeks, except that the first publication shall not be fewer than fifteen (15) days prior to the date of the public hearing. The notice shall further contain a designation of the day, time, and place of the public hearing. Further, in accordance with Section 189.418, Florida Statutes the proposed budget will be posted on the District’s website at least two days prior to budget public hearing. At the time and place designated in the notice, the Board shall hear all objections to the budget as proposed and may make such changes as the board deems necessary.

SECTION 6. 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.

SECTION 7. All Resolutions, sections or parts of sections of any Resolutions or actions of the Board of Supervisors in conflict are hereby repealed to the extent of such conflict.

SECTION 8. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED this 15th day of May, 2023, by the Board of Supervisors of Hacienda North Community Development District, Collier County, Florida.

HACIENDA NORTH COMMUNITY
Attest:	DEVELOPMENT DISTRICT

Secretary	Chairman/Vice Chairman

EXHIBIT 3

HACIENDA NORTH COMMUNITY DEVELOPMENT DISTRICT
Suite 100, 707 Orchid Drive
	Naples, FL 34102	
4
5
6	MINUTES OF MEETING
7
Board of Supervisors Meeting
Monday October 17, 2022, 9:04 a.m.
Coleman Yovanovich & Koester, P.A.
Northern Trust Bank Building
4001 Tamiami Trail North, Suite 300
Naples, Florida 34104
14
15
16	Present and constituting a quorum were: 17

18	Maritza Aguiar
19	Dwight Nadeau
20	Chip Olson
21	Gary Hains
22
23	Absent:
24
25	Robert Mulhere
26
27	Also present were: 28
29	Russ Weyer
30	Greg Urbancic
31
32	David Torres
33	Jacquelyn Larocque
34	Taylor Whitcomb
35
36

Board Member Board Member Board Member
Board Member (Arrived at 9:07 a.m.)

Board Member

District Manager, Real Estate Econometrics, Inc. District Counsel,
Coleman, Yovanovich & Koester, P.A. Hacienda Lakes of Naples LLC Atwell, LLC (On Zoom)
Hacienda Lakes of Naples LLC

37	FIRST ORDER OF BUSINESS	Call to Order and Roll Call
38
39	Mr. Weyer called the meeting to order and proceeded with the roll call. The members in
40	attendance are as outlined above. 41
42

1	SECOND ORDER OF BUSINESS
2
3	Mr. Weyer noted that the Florida Statutes require that there be an opportunity for Public
4	Comment.
5
6	There were no public comments. 7
8	THIRD ORDER OF BUSINESS	Organizational Matters
9
10	Mr. Weyer noted that there were no organizational matters to be considered at this time. 11
12	FOURTH ORDER OF BUSINESS	Administrative Matters
13
14	Mr. Weyer presented Resolution 2022-37.
15
16	A.	CONSIDERATION OF RESOLUTION 2022-37: A RESOLUTION OF THE
17	BOARD	OF	SUPERVISORS	OF	HACIENDA	NORTH	COMMUNITY
18		DEVELOPMENT  DISTRICT  AMENDING  THE  DATE  OF  THE  PUBLIC	
19		HEARING	ON	THE	FISCAL	YEAR	2021-2022	PROPOSED	BUDGET;	
20		PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICTS AND	
21		PROVIDING FOR AN EFFECTIVE DATE.	
22			
23		Mr. Weyer noted that this resolution amends the public hearing date for the adoption of FY	
24		2021-2022 Hacienda North CDD budget and makes the new date November 7, 2022. He	
25		asked that the Board approve the resolution. There was no further discussion.	
26			
27	On	MOTION by Mr. Olson and seconded by Ms. Aguiar, with all in favor, the Board of	
28
29
30	Supervisors of the Hacienda North Community Development District approved Resolution 2022- 37 amending the public hearing date for the adoption of FY 2021-2022 budget to November 7, 2022.	
31
32	Mr. Weyer next presented Resolution 2022-38. 33
B.	CONSIDERATION OF RESOLUTION 2022-38: A RESOLUTION OF THE
BOARD	OF	SUPERVISORS	OF	HACIENDA	NORTH	COMMUNITY
DEVELOPMENT  DISTRICT  AMENDING  THE  DATE  OF  THE  PUBLIC
HEARING	ON	THE	FISCAL	YEAR	2022-2023	PROPOSED	BUDGET;
PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICTS AND
PROVIDING FOR AN EFFECTIVE DATE.
40
Mr. Weyer noted that this resolution amends the public hearing date for the adoption of FY
2022-2023 Hacienda North CDD budget and makes the new date November 7, 2022, the
same date as the public hearing for Resolution 2022-37. He asked that the Board approve
the resolution. There was no further discussion. 45

On MOTION by Ms. Aguiar and seconded by Mr. Nadeau, with all in favor, the Board of Supervisors of the Hacienda North Community Development District approved Resolution 2022- 38 amending the public hearing date for the adoption of FY 2021-2022 budget to November 7, 2022.

1
2
3
4
5
Mr. Weyer noted that the first public hearing ad ran yesterday to stay ahead of the
scheduling requirements of the Florida Statutes. 8
9	C.	Consideration of the Meeting Minutes from the September 19, 2022 Board of
10	Supervisors Meeting.
11

On MOTION by Mr. Nadeau and seconded by Mr. Olson, with all in favor, the Board of Supervisors of the Hacienda North Community Development District accepted the meeting minutes from the September 19, 2022 Board of Supervisors meeting.

12	There were no comments or discussion. 13
14
15
16
17
18	D.	Consideration of the September 2022 Financial Statements.
19
20	Mr. Weyer presented the cash flow for the District through September 2022. He pointed
21	out that the budget was set at $27,000 and we spent $26,300. There is a carryover about
22	$700 in the checking account. He said that all of the expenses are administrative. There
23	are some costs that are not included in here that relate to the bond validation and are an

On MOTION by Mr. Mulhere and seconded by Mr. Nadeau, with all in favor, the Board of Supervisors of the Hacienda North Community Development District accepted the District’s financials through August 2022.

24	expense of the developer. There was no further discussion. 25
26
27
28
29
30	FIFTH ORDER OF BUSINESS	Business Matters
31
32	Mr. Weyer noted that there were no business matters to be considered at this time. 33
34	SIXTH ORDER OF BUSINESS	Financial Matters
35
36	Mr. Urbancic reminded everyone that the hearing for bond validation is set for October 31,
37	2022. He doesn’t foresee any issues but we will be prepared if something comes up. Mr.
38	Weyer said that everyone is working on their bond validation documents. There was no
39	further discussion.
40
41	SEVENTH ORDER OF BUSINESS	Staff Reports
42
43	Manager’s Report –
44
45	Mr. Weyer had nothing further to report. 46

Attorney’s Report –		
Mr. Urbancic had nothing further to report.	
Engineer’s Report –		
Ms. Larocque had nothing further to report.	
EIGHTH ORDER OF BUSINESS	Supervisors Requests	
There were no Supervisor Requests.		
NINTH ORDER OF BUSINESS	Public Comments	
There were no public comments.		
TENTH ORDER OF BUSINESS	Adjournment	

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On MOTION by Mr. Nadeau and seconded by Ms. Aguiar, with all in favor, the meeting of the Board of Supervisors of the Hacienda North Community Development District was adjourned.

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28	 		 		
29	Secretary/Assistant Secretary	Chairperson/Vice-Chairperson	
30			
31			
32			
33	 		 		
34	Print Name	Print Name	
35			

EXHIBIT 4

HACIENDA NORTH COMMUNITY DEVELOPMENT DISTRICT
Suite 100, 707 Orchid Drive
	Naples, FL 34102	
4
5
6	MINUTES OF MEETING
7
Board of Supervisors Meeting
Tuesday May 2, 2023, 4:08 p.m.
Coleman Yovanovich & Koester, P.A.
Northern Trust Bank Building
4001 Tamiami Trail North, Suite 300
Naples, Florida 34104
14
15
16	Present and constituting a quorum were: 17

18	Robert Mulhere
19	Dwight Nadeau
20	Gary Hains
21	Jason Tomassetti
22
23	Absent was:
24
25	Chip Olson
26
27	Also present were: 28
Russ Weyer
Greg Urbancic
31
Jacquelyn Larocque
Taylor Whitcomb
David Torres
On Zoom:
Sete Zare
Misty Taylor
Sarah Warren
39
40

Board Member Board Member Board Member
Board Member (sworn in)

Board Member

District Manager, Real Estate Econometrics, Inc. District Counsel,
Coleman, Yovanovich & Koester, P.A. Atwell, LLC (On Zoom)
Hacienda Lakes of Naples LLC Hacienda Lakes of Naples LLC

MBS Capital Markets Bryant Miller Olive P.A. Bryant Miller Olive P.A.

41	FIRST ORDER OF BUSINESS	Call to Order and Roll Call
42
43	Mr. Weyer called the meeting to order and proceeded with the roll call. The members in
44	attendance are as outlined above. 45
46

1	SECOND ORDER OF BUSINESS
2
3	Mr. Weyer noted that the Florida Statutes require that there be an opportunity for Public
4	Comment.
5
6	There were no public comments. 7
8	Mr. Weyer pointed out that the meeting notice affidavit of publication is located under
9	Exhibit 1 of the agenda package. 10
11	THIRD ORDER OF BUSINESS	Organizational Matters
12

On MOTION by Mr. Mulhere and seconded by Mr. Nadeau, with all in favor, the Board of Supervisors of the Hacienda North Community Development District accepted the resignation of Ms. Aguiar.

13	The notice of resignation from Supervisor Maritza Aguiar was presented for Board action. 14
15
16
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18
19	Mr. Jason Tomassetti was presented as the candidate to fulfill Ms. Aguiar’s remaining term
20	in Seat 1.

On MOTION by Mr. Mulhere and seconded by Mr. Nadeau, with all in favor, the Board of Supervisors of the Hacienda North Community Development District to appoint Mr. Jason Tomassetti to Seat 1.

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22
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24
25
26		Mr. Weyer then administered the oath of office to Mr. Tomassetti and Mr. Urbancic	
27		administered the oath of office.	
28			
29		Next, Mr. Weyer presented Resolution 2023-3.	
30			
31	A.	CONSIDERATION OF RESOLUTION 2023-3: A RESOLUTION DESIGNATING	
32		THE OFFICERS OF THE HACIENDA LAKES COMMUNITY DEVELOPMENT	
33		DISTRICT FOR THE REMAINDER OF FISCAL YEAR 2022-2023.	
34			
35		Mr. Weyer said that this resolution sets the District’s slate of officers for the remainder of	
36		fiscal year 2022-2023 since Mr. Tomassetti has been appointed to the Board. The two	
37		changes are appointing Mr. Tomassetti as an Assistant Secretary and Mr. Hains as Vice	
38		Chairman. He asked that the Board approve the resolution.	There was no further	
39		discussion.	
40			
41	On	MOTION by Mr. Nadeau and seconded by Mr. Hains, with all in favor, the Board of	
42
43	Supervisors of the Hacienda North Community Development District approved Resolution 2023- 3, designating the officers of the District for the remainder of FY 2022-2023.	
44
45
46	FOURTH ORDER OF BUSINESS	Administrative Matters

1
2	Mr. Weyer said that there were no administrative matters to be considered at this time. 3
4	FIFTH ORDER OF BUSINESS	Business Matters
5
6	Mr. Weyer noted that there were no business matters to be considered at this time. 7
8	SIXTH ORDER OF BUSINESS	Financial Matters
9
10	B.	Consideration of the Series 2023 Bonds Preliminary Supplement Engineer’s Report.
11
Mr. Urbancic pointed out that there are some changes to be made to the report such as the
date, bond council and his comments. He said that it still could be approved in substantial
form. There was an addition of Exhibit 8, which shows the total budget and divided those
cost into master developer costs which is Hacienda Lakes of Naples and developer cost

On MOTION by Mr. Nadeau and seconded by Mr. Mulhere, with all in favor, the Board of Supervisors of the Hacienda North Community Development District accepted the Series 2023 Bonds Preliminary Engineer’s Report in its substantial form.

which is Toll Brothers costs. There were no further comments or discussion. 17
18
19
20
21
22	C.	Consideration of the Series 2023 Bonds Preliminary Supplement Assessment
23	Methodology Report.
24
Mr. Weyer went through the report that shows how the bond payment assessments are
apportioned to the benefitting properties within the District boundaries. The benefitting
properties include the business park, which is separate from the residential portion of the
District. The business park benefit assessments are being paid with Master Developer
contributions of real property and/or non-financed CIP contributions equal to the benefit

On MOTION by Mr. Mulhere and seconded by Mr. Hains, with all in favor, the Board of Supervisors of the Hacienda North Community Development District accepted the Series 2023 Bonds Preliminary Assessment Methodology Report in its substantial form.

assessment calculation. There were no further comments or discussion. 31
32
33
34
35
36
D.	CONSIDERATION OF RESOLUTION 2023-4: THE SERIES 2023 BONDS
DELEGATION AWARD RESOLUTION.
39
Ms. Taylor explained that back in July of last year, the Board adopted Resolution 2022-25,
which was the master delegation award resolution of $33,785,000, which was subsequently
validated. The resolution before you today is a supplement to that master report and would
authorize the issuance of not more than $16,000,000. 44
45

Mrs. Taylor also explained that this resolution approves in substantial form a number of
attached documents including the first supplemental trust indenture identifying US Bank
as the Trustee for these bonds, a bond purchase contract with MBS Capital Markets, a
preliminary limited offering memorandum (PLOM) in substantial form and a preliminary
disclosure agreement in substantial form. The resolution also delegates authority to the
Chair and/or Vice Chair to approve the final versions of those documents at closing. The
resolution also authorizes the Chair and/or Vice Chair to execute the purchase contract

On MOTION by Mr. Nadeau and seconded by Mr. Tomassetti, with all in favor, the Board of Supervisors of the Hacienda North Community Development District approved Resolution 2023- 4, the Series 2023 Bonds Delegation Award Resolution.

when the bonds are priced under the limitations set forth in this resolution. 9
10
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13
14	Mr. Weyer asked Ms. Zare to give the Board an update on their process. She noted that
15	they will be printing the PLOM next week and we will need one more Board meeting
16	before the bonds are closed. Mr. Urbancic noted that the next meeting is scheduled for
17	June 19th at 10 a.m.
18
19	Ms. Taylor also reminded that they provided documents to Mr. Weyer for signature that
20	can be signed today that can be held in escrow until needed. They include the signature
21	page for the Rule 15c2-12 Certificate, a signature page for the bonds purchase agreement
22	and a signature page for the Deposit Trust Company since this will be a book entry
23	transaction since this is the District’s first bond issue. 24
25
26	SEVENTH ORDER OF BUSINESS	Staff Reports
27
28	Manager’s Report –
29
30	The next meeting is scheduled for Monday May 15th at 10 a.m. Mr. Weyer had nothing
31	further to report. 32
33	Attorney’s Report –
34
35	Mr. Urbancic had nothing further to report. 36
37	Engineer’s Report –
38
39	Ms. Larocque had nothing further to report. 40
41	EIGHTH ORDER OF BUSINESS	Supervisors Requests
42
43	There were no Supervisor Requests. 44
45

NINTH ORDER OF BUSINESS	Public Comments	
There were no public comments.		
TENTH ORDER OF BUSINESS	Adjournment	

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On MOTION by Mr. Hains and seconded by Mr. Nadeau, with all in favor, the meeting of the Board of Supervisors of the Hacienda North Community Development District was adjourned.

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14	 		 		
15	Secretary/Assistant Secretary	Chairperson/Vice-Chairperson	
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17			
18			
19	 		 		
20	Print Name	Print Name	
21			

EXHIBIT 5

Hacienda North Community Development District Statement of Activity
October 2022 - April 2023

Category	Total	Budget	Balance	
Revenue				
1363116 Off Roll Assessments	$51,325.00	$101,325.00	-$50,000.00	
Developer Contribution - Bond Validation Cost	7,169.93			
Total Revenue	$58,494.93	$101,325.00	-$50,000.00	
Expenditures				
1100000 Administrative				
1511001	Board of Supervisors Stipend	1,600.00	8,000.00	6,400.00	
1512100	Management  Consulting Services	17,500.00	30,000.00	12,500.00	
1513020	Office Expense	55.17	750.00	694.83	
1513040	Regulatory and Permit Fees	200.00	175.00	-25.00	
1513055	Legal Advertising	2,989.00	8,000.00	5,011.00	
1513075	Accounting Services	3,200.00	6,000.00	2,800.00	
1513100	Insurance- General Liability	5,000.00	6,400.00	1,400.00	
1514010	Legal Services	3,418.50	12,000.00	8,581.50	
1514020	Bond Validation Legal Expenses	2,184.50	10,000.00	7,815.50	
Bond Validation Cost	7,169.93			
Total Administrative	$43,317.10	$81,325.00	$45,177.83	
				
Net Cash Flow	$15,177.83	$20,000.00	-$4,822.17	
Other Expenses not incurred to date:				
Assessment Administration:		$10,000.00		
Engineering Costs:		10,000.00		
		$20,000.00		
Estimated Developer Contribution Balance Due				
Estimated Remaining Costs:	$45,292.50			
Balance in Checking Account:	15,177.83			
Remaining Developer Contribution thru 9/30/23:	$30,114.67