July 30, 2025 Dear Board Members: The meeting of the Board of Supervisors of the Osceola Chain of Lakes Community Development District will be held Wednesday, August 6, 2025 at 1:30 p.m. at the West Osceola Branch Library, 305 Campus St., Celebration, FL 34747. Following is the advance agenda for the regular meeting: Board of Supervisors Meeting 1. Roll Call 2. Public Comment Period 3. Organizational Matters A. Administration of Oath of Office to Supervisor Brown 4. Approval of Minutes of the May 7, 2025, Board of Supervisors 5. Public Hearing A. Consideration of Resolution 2025-04 Adopting Fiscal Year 2026 Approved Budget and Appropriating Funds B. Consideration of Resolution 2025-05 Imposing Special Assessments and Certifying Assessment Roll 6. Consideration of Pond Maintenance Service Proposal for Fiscal Year 2026 7. Consideration of Midge Management Service Proposal for Fiscal Year 2026 8. Consideration of Proposal to Renew Landscape Services Agreement for Fiscal Year 2026 9. Staff Reports A. Attorney B. Engineer i. Presentation of Annual Stormwater Report C. Field Manager D. District Manager’s Report i. Approval of Check Register ii. Balance Sheet and Income Statement iii. Approval of Fiscal Year 2026 Meeting Schedule iv. District Goals and Objectives 10. Other Business 11. Supervisor’s Requests 12. Adjournment MINUTES OF MEETING OSCEOLA CHAIN OF LAKES COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Osceola Chain of Lakes Community Development District was held Wednesday, May 7, 2025, at 1:30 p.m. at West Osceola Branch Library, 305 Campus Street, Celebration, Florida. Present and constituting a quorum were: Tony Iorio Chairman Doug Beasley Vice Chairman Kimberly Locher Assistant Secretary Jorge Mederos Assistant Secretary Joe Winter Assistant Secretary Also present were: Tricia Adams District Manager Sarah Sandy by phone District Counsel Chris Allen by phone District Engineer Alan Scheerer Field Manager Jared Brown by phone Resident FIRST ORDER OF BUSINESS Roll Call Ms. Adams called the meeting to order at 1:30 p.m. and called the roll. SECOND ORDER OF BUSINESS Public Comment Period There being no comments, the next item followed. THIRD ORDER OF BUSINESS Organizational Matters A. Consideration of Resolution 2025-01 Canvassing and Certifying the Results of the Landowners’ Election On MOTION by Mr. Iorio seconded by Mr. Beasley with all in favor Resolution 2025-01 Canvassing and Certifying the Results of the Landowners’ Election was approved. B. Review of Letters of Interest to Fill Seats 2, 4 & 5 Ms. Adams stated seat no. 4 that has a term expiring in November 2028 was declared vacant following the landowners election. We have two other vacancies. In August 2024 the Board adopted a resolution declaring seats 2 and 5 vacant. We have three vacancies on the Board, seats 2 and 5 must be filled by a qualified elector. We have residents in the district who have expressed an interest in serving on the Board. In the agenda package are letters of interest from Jorge Mederos and Joe Winter who are both present. We also have a letter of interest form Jared Brown who could not attend today’s meeting but may call in. Mr. Brown joined the meeting by telephone at this time. Ms. Adams stated the Board can fill seat 2 and 5 now and at the end of the meeting the Board can address seat no. 4 because we do have a holdover Board member present. C. Appointment of Individuals to Fill Vacant Seats On MOTION by Mr. Iorio seconded by Ms. Locher with all in favor Jorge Mederos was appointed to fill seat no. 2 and Joe Winter was appointed to fill seat no. 5. D. Administration of Oath of Office to newly Appointed Supervisors Ms. Adams being a notary public of the State of Florida administered the oath of office to Mr. Mederos and Mr. Winter. Ms. Adams stated there are some required forms to be filed with the State of Florida, a financial disclosure Form 1 needs to be filed within 60 days of your appointment. You will receive an email from our office letting you know you have been added to the Florida Commission on Ethics website. Thereafter, you will automatically get a reminder sent to you via email regarding the requirement to file Form 1 annually by July 1st. You are also eligible to receive up to $200 for meeting attendance per meeting. After the meeting I will give you each a new Board member packet that includes the payroll forms that need to be completed before we can process payroll. Ms. Sandy stated my office will put together a new supervisor notebook and send that to you that has background information on the district as well as being a public officer of the State of Florida. Ms. Sandy gave an overview of the public records law, sunshine law, financial disclosure requirements, ethics training requirement, and stated I suggest you set up a separate CDD specific email address that GMS can send the agenda package to and information regarding the meetings so that you don’t have to look through your personal or work emails to pull items if we do get a public records request. *Mr. Iorio left the meeting at this time. E. Consideration of Resolution 2025-02 Electing Officers This item taken later in the meeting. FOURTH ORDER OF BUSINESS Approval of the Minutes of the August 7, 2024, Board of Supervisors and Audit Committee Meetings and November 6, 2024, Landowners Meeting On MOTION by Ms. Locher seconded by Mr. Winter with all in favor the Minutes of the August 7, 2024, Board Meeting was approved and the August 7, 2024, Audit Committee Meeting and the November 6, 2024, Landowner Meeting Minutes, were accepted. FIFTH ORDER OF BUSINESS Consideration of Resolution 2025-03 Approving the Fiscal Year 2026 Proposed Budget and Setting a Public Hearing to Adopt Ms. Adams stated next is the proposed budget for Fiscal Year 2026 that sets the cap on the assessments, and we proposing to not increase the assessment with this budget. The Board can make budget adjustments within the assessment level up to the time we adopt the budget at a public hearing. Resolution 2025-03 approves the proposed budget and sets the public hearing for August 6, 2025, at 1:00 p.m. here at West Osceola Branch Library in Celebration. Approval of this resolution allows us to transmit the proposed budget to Osceola County, publish it on the CDD website and notice the public hearing in accordance with Florida statutes. Attached to the resolution is the proposed budget for Fiscal Year 2026. The proposed assessment for Fiscal Year 2026 is the exact same assessment as Fiscal Year 2025. There is no change to the revenue section of the budget. Ms. Adams reviewed in detail the administrative expenses, field expenses and reviewed the debt service fund budget and amortization schedule. On MOTION by Mr. Winter seconded by Mr. Mederos with all in favor Resolution 2025-03 Approving the Fiscal Year 2026 Budget and Setting the Public Hearing for August 6, 2025, was approved. SIXTH ORDER OF BUSINESS Presentation of Fiscal Year 2024 Financial Audit Report Ms. Adams stated each year CDDs are required to undergo an annual independent audit of all the district’s financial records and file the audit with the State by June 30th. In the report to management there were no findings or recommendations so it is a clean audit. On MOTION by Mr. Beasley seconded by Ms. Locher with all in favor the Fiscal Year 2024 Audit was accepted. SEVENTH ORDER OF BUSINESS Presentation of Series 2018 Arbitrage Rebate Report EIGHTH ORDER OF BUSINESS Presentation of Series 2020 Arbitrage Rebate Report Ms. Adams stated included in the agenda package are the arbitrage rebate reports for the series 2018 and 2020 bonds. The tax-exempt bonds the district issued are subject to regulations from IRS and that requires that we are not earning more interest than we are paying on the bonds. Both reports clearly state there is no rebate liability issue currently. We run these reports each year. On MOTION by Mr. Winter seconded by Ms. Locher with all in favor the Series 2018 and Series 2020 Arbitrage Rebate Reports were accepted. NINTH ORDER OF BUSINESS Staff Reports A. Attorney i. Stormwater Ratification Bill Memo Ms. Sandy stated there is a memo from my firm regarding the stormwater ratification bill in response to some update the legislature made to the operation and maintenance reporting requirements for stormwater infrastructure facilities during the 2024 session. There are some increased reporting requirements, but they only apply to permits that have not been obtained yet or currently obtained but not transferred over into the maintenance phase. I believe all the stormwater permits have transferred over to a maintenance stage at this point. About the ownership and maintenance of the roads within the district, prior to the district being annexed into the City of St. Cloud the development plans showed that the county had been accepting the roads within the CDD for ownership and maintenance. Post annexation there appears to be a misunderstanding between the city and CDD that the city was going to accept that operation and maintenance responsibility for the right of ways. I have spoken to their counsel, and they confirmed that they would be accepting the right of ways at least within phases 1 and 2 because they had previously accepted by the county and they would be obligated under an interlocal they have with the county. They were going to be reviewing their records further about phases 3 – 5 to determine if the city had agreed to take the roads for operation and maintenance or not. I have spoken with them probably a month ago and followed up with the city last week but have not received additional response at this time. We did provide additional documentation that showed plans that the city had approved on the site plan where the city would be taking the ownership and maintenance of the right of ways. Hopefully, that will satisfy what the city is looking for in terms of prior approval. They did convey that if they couldn’t find where the city had previously agreed to accept it would have to go back before the city commission for approval. I will update the Board once I have more information. Ms. Locher asked why is there suddenly a question about road maintenance and acceptance? Ms. Sandy stated from what the city council and staff provided to me is that when they annexed development, they have a general interlocal between the county and the city on how annexation will operate but sometimes they will also enter into an interlocal agreement that is specific to a development and unfortunately, they did not do that here. I think that and the fact that the City of St. Cloud is taking a general stance that they do not want to accept neighborhood right of ways for ownership and maintenance anymore. I think they are going to try their best to avoid doing that. B. Engineer i. Consideration of Work Authorization 2025-01 On MOTION by Mr. Mederos seconded by Mr. Winter with all in favor Work Authorization 2025-01 for General Engineering Services for Fiscal Year 2026 was approved. C. Field Manager Mr. Scheerer stated we need rain, and the lake is lower than I have seen in the past several years. I meet with Lake Doctors to review shoreline vegetation, weeds, things like that because they typically treat the lake from the boat, I have asked them to look at it from the land side too. In respect to landscaping, if residents are leaving their kayaks, canoes, anything on the bank I have instructed maintenance staff not to touch it. They go around it and avoid it, so they can’t say staff damaged it. We encourage residents to take their canoes and kayaks up to the house and get it off the bank. We need to make sure we are not losing any of the turf because when we do get rain that could create an erosion problem. D. Manager i. Approval of Check Register On MOTION by Ms. Locher seconded by Mr. with all in favor the Check Register was approved. ii. Balance Sheet & Income Statement A copy of the balance sheet and income statement were included in the agenda package for review. iii. Presentation of Registered Voters – 973 A copy of the letter from the supervisor of elections indicating that there are 973 registered voters residing within the district was included in the agenda package. TENTH ORDER OF BUSINESS Other Business Ms. Adams stated earlier in the meeting we discussed that Kimberly Locher has been serving in a holdover position in seat 4 and the Board declared that seat vacant because of no one being elected at the landowner’s election. You have an opportunity to make an appointment, and we have a resident who submitted a letter of interest, Mr. Jared Brown and he is attending by telephone. If you want to defer this to the next meeting the Board can do so. On MOTION by Mr. Winter seconded by Mr. Mederos with all in favor Jared Brown was appointed to fill the unexpired term of office of seat no. 4. Ms. Adams stated either before the meeting or when I see you, we can administer your oath of office, and you will be ready to participate in the next meeting. A. Consideration of Resolution 2025-02 Electing Officers *This item was taken out of order. Ms. Adams stated after a general election or appointment to the Board, Florida Statutes prescribe that there is an election of officers that the Board organizes as chair and vice chair, etc. Typically, the remaining Board members serve as assistant secretaries and there are some members of my firm who serve as treasurer, assistant treasurer, secretary and assistant secretary for the purpose of processing the District’s records and financial records. On MOTION by Mr. Winter seconded by Mr. Mederos with all in favor Resolution 2025-02 was approved reflecting the following: Tony Iorio as Chair, Doug Beasley as Vice Chair, and Mr. Mederos, Mr. Winter and Mr. Brown as Assistant Secretaries and all other officers remain the same. ELEVENTH ORDER OF BUSINESS Supervisor Requests There being no comments, the next item followed. TWELFTH ORDER OF BUSINESS Adjournment On MOTION by Mr. Winter seconded by Mr. Beasley the meeting adjourned at 2:39 p.m. Secretary/Assistant Secretary Chairman/Vice Chairman RESOLUTION 2025-04 [FY 2026 APPROPRIATION RESOLUTION] THE ANNUAL APPROPRIATION RESOLUTION OF THE OSCEOLA CHAIN OF LAKES COMMUNITY DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET(S) FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025, AND ENDING SEPTEMBER 30, 2026; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“FY 2026”), the District Manager prepared and submitted to the Board of Supervisors (“Board”) of the Osceola Chain of Lakes Community Development District (“District”) prior to June 15, 2025, proposed budget(s) (“Proposed Budget”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of the Proposed Budget with the local general-purpose government(s) having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and WHEREAS, the Board set a public hearing on the Proposed Budget and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and WHEREAS, the District Manager posted the Proposed Budget on the District’s website in accordance with Section 189.016, Florida Statutes; and WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE OSCEOLA CHAIN OF LAKES COMMUNITY DEVELOPMENT DISTRICT: SECTION 1. BUDGET a. The Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), and incorporated herein by reference; provided, however, that the comparative figures contained in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures. b. The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at the District’s Local Records Office and identified as “The Budget for the Osceola Chain of Lakes Community Development District for the Fiscal Year Ending September 30, 2026.” c. The Adopted Budget shall be posted by the District Manager on the District’s official website in accordance with Section 189.016, Florida Statutes and shall remain on the website for at least two (2) years. SECTION 2. APPROPRIATIONS There is hereby appropriated out of the revenues of the District, for FY 2026, the sum(s) set forth in Exhibit A to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated as set forth in Exhibit A. SECTION 3. BUDGET AMENDMENTS Pursuant to Section 189.016, Florida Statutes, the District at any time within FY 2026 or within 60 days following the end of the FY 2026 may amend its Adopted Budget for that fiscal year as follows: a. A line-item appropriation for expenditures within a fund may be decreased or increased by motion of the Board recorded in the minutes, and approving the expenditure, if the total appropriations of the fund do not increase. b. The District Manager or Treasurer may approve an expenditure that would increase or decrease a line-item appropriation for expenditures within a fund if the total appropriations of the fund do not increase and if either (i) the aggregate change in the original appropriation item does not exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is authorized by separate disbursement or spending resolution. c. Any other budget amendments shall be adopted by resolution and consistent with Florida law. The District Manager or Treasurer must ensure that any amendments to the budget under this paragraph c. are posted on the District’s website in accordance with Section 189.016, Florida Statutes, and remain on the website for at least two (2) years. SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED THIS 6TH DAY OF AUGUST 2025. ATTEST: OSCEOLA CHAIN OF LAKES COMMUNITY DEVELOPMENT DISTRICT _____________________________ Secretary / Assistant Secretary Chair/Vice Chair, Board of Supervisors Exhibit A: FY 2026 Budget RESOLUTION 2025-05 [FY 2026 ASSESSMENT RESOLUTION] A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE OSCEOLA CHAIN OF LAKES COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR FUNDING FOR THE FY 2026 ADOPTED BUDGET(S); PROVIDING FOR THE COLLECTION AND ENFORCEMENT OF SPECIAL ASSESSMENTS, INCLUDING BUT NOT LIMITED TO PENALTIES AND INTEREST THEREON; CERTIFYING AN ASSESSMENT ROLL; PROVIDING FOR AMENDMENTS TO THE ASSESSMENT ROLL; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Osceola Chain of Lakes Community Development District (“District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District, located in Osceola County, Florida (“County”); and WHEREAS, the District has constructed or acquired various infrastructure improvements and provides certain services in accordance with the District’s adopted capital improvement plan and Chapter 190, Florida Statutes; and WHEREAS, for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“FY 2026”), the Board of Supervisors (“Board”) of the District has determined to undertake various operations and maintenance and other activities described in the District’s budget (“Adopted Budget”), attached hereto as Exhibit A; and WHEREAS, pursuant to Chapter 190, Florida Statutes, the District may fund the Adopted Budget through the levy and imposition of special assessments on benefitted lands within the District and, regardless of the imposition method utilized by the District, under Florida law the District may collect such assessments by direct bill, tax roll, or in accordance with other collection measures provided by law; and WHEREAS, in order to fund the District’s Adopted Budget, the District’s Board now desires to adopt this Resolution setting forth the means by which the District intends to fund its Adopted Budget. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE OSCEOLA CHAIN OF LAKES COMMUNITY DEVELOPMENT DISTRICT: 1. FUNDING. The District’s Board hereby authorizes the funding mechanisms for the Adopted Budget as provided further herein and as indicated in the Adopted Budget attached hereto as Exhibit A and the assessment roll attached hereto as Exhibit B (“Assessment Roll”). 2. OPERATIONS AND MAINTENANCE ASSESSMENTS. a. Benefit Findings. The provision of the services, facilities, and operations as described in Exhibit A confers a special and peculiar benefit to the lands within the District, which benefit exceeds or equals the cost of the assessments. The allocation of the assessments to the specially benefitted lands is shown in Exhibit A and Exhibit B and is hereby found to be fair and reasonable. b. O&M Assessment Imposition. Pursuant to Chapter 190, Florida Statutes, a special assessment for operations and maintenance (“O&M Assessment(s)”) is hereby levied and imposed on benefitted lands within the District and in accordance with Exhibit A and Exhibit B. The lien of the O&M Assessments imposed and levied by this Resolution shall be effective upon passage of this Resolution. c. Maximum Rate. Pursuant to Section 197.3632(4), Florida Statutes, the lien amount shall serve as the “maximum rate” authorized by law for operation and maintenance assessments. 3. DEBT SERVICE SPECIAL ASSESSMENTS. The District’s Board hereby certifies for collection the FY 2026 installment of the District’s previously levied debt service special assessments (“Debt Assessments,” and together with the O&M Assessments, the “Assessments”) in accordance with this Resolution and as further set forth in Exhibit A and Exhibit B, and hereby directs District staff to affect the collection of the same. 4. COLLECTION AND ENFORCEMENT; PENALTIES; INTEREST. Pursuant to Chapter 190, Florida Statutes, the District is authorized to collect and enforce the Assessments as set forth below. a. Tax Roll Assessments. To the extent indicated in Exhibit A and Exhibit B, those certain O&M Assessments (if any) and/or Debt Assessments (if any) imposed on the “Tax Roll Property” identified in Exhibit B shall be collected by the County Tax Collector at the same time and in the same manner as County property taxes in accordance with Chapter 197, Florida Statutes (“Uniform Method”). That portion of the Assessment Roll which includes the Tax Roll Property is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County property taxes. The District’s Board finds and determines that such collection method is an efficient method of collection for the Tax Roll Property. b. Future Collection Methods. The District’s decision to collect Assessments by any particular method – e.g., on the tax roll or by direct bill – does not mean that such method will be used to collect special assessments in future years, and the District reserves the right in its sole discretion to select collection methods in any given year, regardless of past practices. 5. ASSESSMENT ROLL; AMENDMENTS. The Assessment Roll, attached hereto as Exhibit B, is hereby certified for collection. The Assessment Roll shall be collected pursuant to the collection methods provided above. The proceeds therefrom shall be paid to the District. The District Manager shall keep apprised of all updates made to the County property roll by the Property Appraiser after the date of this Resolution and shall amend the Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the County property roll. 6. 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. 7. EFFECTIVE DATE. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board. PASSED AND ADOPTED this 6th day of August 2025. ATTEST: OSCEOLA CHAIN OF LAKES COMMUNITY DEVELOPMENT DISTRICT _____________________________ By: Secretary / Assistant Secretary Its: Exhibit A: Budget Exhibit B: Assessment Roll Winter Springs Office 3543 State Road 419 Winter Springs, FL 32708 407-327-7918 WinterSprings@lakedoctors.com www.lakedoctors.com E:\Pictures\LAKE DOCTORS\LD Letterhead\LD-F16 Lettterhead 2015 proof 3 NEW LETTERHEAD.jpg Remit to: The Lake Doctors Inc. PO BOX 20122 Tampa, FL 33622-0122 Water Management Agreement This Agreement, made this ______________________ day of _______________ 20___ is between The Lake Doctors, Inc., a Florida corporation (“the Company”) and the following “Customer” PROPERTY NAME (Community/Business/Individual)_____________________________________________________________ MANAGEMENT COMPANY_____________________________________________________________________________ INVOICING ADDRESS ___________________________________________________________________________________ CITY _________________________________ STATE _____________ ZIP ___________ PHONE ( ) ________________ EMAIL ADDRESS ____________________________________________________________ The parties hereto agree to follows: A. The Company agrees to manage certain lakes and/or waterways for a period of twelve (12) months from the date of execution of this Agreement in accordance with the terms and conditions of this Agreement in the following location(s): One (1) pond associated with 726640 Osceola Chain of Lakes CDD, St. Cloud FL. Includes a minimum of Twelve (12) inspections and/or treatments, as necessary, for control and prevention of noxious aquatic weeds and algae. B. Customer agrees to pay the Company the following sum for specified aquatic management services: 1. Underwater and Floating Vegetation Control Program $1,000.00 Monthly 2. Shoreline Grass and Brush Control Program $ INCLUDED 3. Free Callback Service $ INCLUDED 4. Monthly Written Service Reports $ INCLUDED 5. Additional Treatments, if required $ INCLUDED Total of Services Accepted $1,000.00 Monthly $1,000.00 of the above sum-total shall be due and payable upon execution of this Agreement; the balance shall be payable in advance in monthly installments of $1,000.00 plus any additional costs such as sales taxes, permitting fees, monitoring, reporting, water testing and related costs mandated by any governmental or regulatory body related to service under this Agreement. C. The Company uses products which, in its sole discretion, are intended to provide effective and safe results. D. The Company agrees to commence treatment within thirty (30) days, weather permitting, from the date of receipt of this executed Agreement plus initial deposit and/or required government permits. E. The offer contained herein is withdrawn and this Agreement shall have no further force and effect unless executed and returned by Customer to the Company on or before October 1, 2025. F. The Terms and Conditions appearing on the reverse side form an integral part of this Agreement, and Customer hereby acknowledges that it has read and is familiar with the contents thereof. CUSTOMER PREFERENCES INVOICE FREQUENCY: ___ MONTHLY ___ EVERY OTHER MONTH ___ QUARTERLY ___ SEMI-ANNUAL ___ ANNUAL INVOICE TIMING: ___ BEGINNING OF THE MONTH ___ WITH SERVICE COMPLETION EMAIL INVOICE: ___YES ___ NO | If yes, provide invoice email: _________________________________________________________ EMAIL WORK ORDER: ___YES ___ NO | If yes, provide work order email: _________________________________________________ THIRD PARTY COMPLIANCE/REGISTRATION: ___ YES ___ NO THIRD PARTY INVOICING PORTAL**: ___ YES ___ NO **If a Third Party Compliance/Registration or an Invoice Portal is required; it is the Customer’s responsibility to provide the information. REQUESTED START MONTH: October 1, 2025 | PURCHASE ORDER #:____________________________ THE LAKE DOCTORS, INC. CUSTOMER: Signed ________________________________ Date _________ Name ________________________________________________ Jonathan Bandy - SALES MANAGER Title___________________________________ TERMS AND CONDITIONS 1) The Underwater and Floating Vegetation Control Program will be conducted in a manner consistent with good water management practice using the following methods and techniques when applicable. a) Periodic treatments to maintain control of noxious submersed, floating and emersed aquatic vegetation and algae. Customer understands that some beneficial vegetation may be required in a body of water to maintain a balanced aquatic ecological system. b) Determination of dissolved oxygen levels prior to treatment, as deemed necessary, to ensure that oxygen level is high enough to allow safe treatment. Additional routine water analysis and/or bacteriological analysis may be performed if required for success of the water management program. c) Where applicable, treatment of only one-half or less of the entire body of water at any one time to ensure safety to fish and other aquatic life. However, the Company shall not be liable for loss of any exotic or non-native fish or vegetation. Customer must also notify the Company in writing if any exotic fish exist in lake or pond prior to treatment. d) Customer understands and agrees that for the best effectiveness and environmental safety, materials used by the Company may be used at rates equal to or lower than maximum label recommendations. e) Triploid grass carp stocking, if included, will be performed at stocking rates determined the Florida Fish and Wildlife Conservation Commission permit guidelines. f) Customer agrees to provide adequate access. Failure to provide adequate access may require re-negotiation or termination of this Agreement. g) Control of some weeds may take 30-90 days depending upon species, materials used and environmental factors. h) When deemed necessary by the Company and approved by Customer, the planting and/or nurturing of certain varieties of plants, which for various reasons, help to maintain ecological balance. 2) Under the Shoreline Grass and Brush Control Program, the Company will treat border vegetation to the water’s edge including, but not limited to torpedograss, cattails, and other emergent vegetation such as woody brush and broadleaf weeds. Many of species take several months or longer to fully decompose. Customer is responsible for any desired physical cutting and removal. 3) Customer agrees to inform the Company in writing if any lake or pond areas have been or are scheduled to be mitigated (planted with required or beneficial aquatic vegetation). the Company assumes no responsibility for damage to aquatic plants if Customer fails to provide such information in a timely manner. Emergent weed control may not be performed within mitigated areas, new or existing, unless specifically stated by separate contract or modification of this Agreement. Customer also agrees to notify the Company, in writing, of any conditions which may affect the scope of work and Customer agrees to pay any resultant higher direct costs incurred. 4) If services specify trash/debris removal, the Company will perform the following: removal of casual trash such as cups, plastic bags and other man-made materials up to a 5 gallon bucket but only during regularly scheduled service visits. Large or dangerous items such as biohazards and landscape debris will not be included. 5) Customer agrees to reimburse the Company for all processing fees for registering with third party companies for compliance monitoring services and/or invoicing portal fees. Fees will be reimbursed via an additional invoice per the Company’s discretion. 6) If at any time during the term of this Agreement, Customer reasonably believes the Company is not performing in a satisfactory manner, or in accordance with the terms of this Agreement, Customer shall give the Company written notice stating with particularity the reasons for Customer’s dissatisfaction. The Company shall investigate and attempt to address Customer’s concerns. If, after 30 days from the giving of the original notice, Customer continues to reasonably believe the Company’s performance is unsatisfactory, Customer may terminate this Agreement by giving written notice (“Second Notice”) to the Company and paying all monies owing to the effective date of termination, which shall be the last day of the month in which the Second Notice is received by the Company. Customer may not terminate this Agreement before the end of the term except for cause in accordance with this paragraph. 7) If Customer discontinues or terminates service under this Agreement except for cause in accordance with paragraph 6, Company shall be entitled to collect as an early termination fee, and not as a penalty, an amount equal to, the lesser of, three (3) times the monthly service fee, or the number of months remaining in the term multiplied by the monthly service fee. The Company may declare the termination fee owed in a single payment due within ten (10) days of written demand. 8) Federal and State regulations require that various water time-use restrictions be observed during and following some treatments. The Company will notify Customer of such restrictions. It is Customer’s responsibility to observe the restrictions throughout the required period. Customer understands and agrees that, notwithstanding any other provision of the Agreement, the Company does not assume any liability for failure by any party to be notified of, or to observe, such regulations or restrictions. 9) The Company shall maintain the following insurance coverage and limits: (a) Workman’s Compensation with statutory limits; (b) Automobile Liability; (c) Comprehensive General Liability, including Pollution Liability, Property Damage, Completed Operations and Product Liability. A Certificate of Insurance will be provided upon request. A Certificate of Insurance naming Customer as “Additional Insured” may be provided at Customer’s request. Customer agrees to pay for any additional costs of insurance requirements over and above the standard insurance provided by the Company. 10) The Company agrees to indemnify, defend and hold harmless Customer from and against any and all liability for any loss, injury or damage, including, without limitation, all costs, expenses, court costs and reasonable attorneys’ fees, imposed on Customer by any person caused by or that results from the gross negligence or willful misconduct of the Company, its employees or agents. Customer hereby agrees to indemnify, defend and hold the Company harmless from and against any and all liability for any loss, injury or damage, including, without limitation, all costs, expenses, court costs and reasonable attorneys’ fees, imposed on the Company by any person whomsoever that occurs on or about Customer’s premises, except for any such loss, injury or damage that is caused by or results solely from the gross negligence or willful misconduct of the Company its employees or agents. 11) IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR ANY INDIRECT, SPECIAL OR CONSEQUENTIAL DAMAGES, INCLUDING BUT NOT LIMITED TO LOST PROFITS, SAVINGS OR REVENUE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Customer agrees that the Company’s liability under this Agreement shall be limited to six (6) times the monthly fee, which amount shall be Customer’s maximum remedy regardless of the legal theory used to determine that the Company is liable for the injury or loss (including, without limitation, negligence breach of contract breach of warranty and product liability). 12) Neither party shall be responsible for damages, penalties or otherwise for any failure or delay in performance of any of its obligations hereunder caused by strikes, riots, war, acts of God, accidents, governmental orders and regulations, curtailment or failure to obtain sufficient material, or other force majeure condition (whether or not of the same class or kind as those set forth above) beyond its reasonable control and which, by the exercise of due diligence, it is unable to overcome. Should the Company be prohibited, restricted or otherwise prevented or impaired from rendering specified services by any condition, the Company shall notify Customer of said condition and of the excess direct costs arising therefrom. Customer shall have thirty (30) days after receipt of notice to notify the Company in writing of any inability to comply with excess direct costs as requested by the Company. 13) Customer warrants that it is authorized to execute this Agreement on behalf of the riparian owner If a legal entity, the person executing this Agreement on behalf of Customer represents that Customer is duly organized and existing, and is in good standing, under the laws of the jurisdiction of its organization and that execution, delivery, and performance of this Agreement has been duly authorized by all appropriate corporate action 14) The Company covenants to perform and complete the services hereunder in a timely, competent and workmanlike manner and in accordance with the specifications and requirements set forth in this Agreement. THE COMPANY HEREBY EXPRESSLY DISCLAIMS, AND CUSTOMER HEREBY WAIVES, RELEASES AND RENOUNCES, ALL OTHER WARRANTIES AND CLAIMS EXPRESS OR IMPLIED, ARISING BY LAW OR OTHERWISE, WITH RESPECT TO SERVICES OR PRODUCTS PROVIDED BY THE COMPANY. 15) Customer understands that, for convenience, the annual cost of service is spread over a twelve-month period and that individual monthly billings do not reflect the fluctuating seasonal costs of service. If the Company permits Customer to temporarily put its account activity on hold, an additional start-up charge may be required due to aquatic re-growth. 16) The Company agrees to hold Customer harmless from any loss, damage or claims arising out of the sole negligence of the Company. However, the Company shall in no event be liable to Customer or others for indirect, special or consequential damages resulting from any cause whatsoever. 17) Upon completion of the term of this Agreement, or any extension thereof, this Agreement shall be automatically extended for a period equal to its original term unless terminated by either party by written notice delivered prior to the end of the term. The Company may adjust the monthly investment amount after the original term to reflect any changes to cost of materials, inputs, and labor. The Company will submit written notification to Customer 30 days prior to effective date of adjustment. If Customer is unable to comply with the adjustment, the Company shall be notified immediately in order to seek a resolution. The Company may cancel this Agreement for any reason upon 30-day written notice to Customer. 18) Should Customer become delinquent, the Company may place the account on hold for non-payment and Customer will continue to be responsible for the continuing monthly amount even if the account is placed on hold. The Company may, at its sole discretion, choose to suspend services and charge the Customer 25% of the monthly equivalent invoice amount for three (3) consecutive months, herein referred to as the Credit Hold Period, or until Customer pays all invoices due, whichever comes earlier. Regular Service may be reinstated once the entire past due balance has been received in full. Should the Customer remain delinquent at the end of the Credit Hold Period, Company shall be entitled to bring action for collection of monies due and owing under this Agreement. Customer agrees to pay collection costs, including, but not limited to, reasonable attorneys fee (including those on appeal) and court costs, and all other expenses incurred by the Company resulting from such collection action. The Company reserves the right at any time to charge interest on unpaid amounts at the rate of eighteen percent (18%) per year. Customer hereby irrevocably submits to the exclusive personal jurisdiction of the state and federal courts of Duval County, Florida for the adjudication of all disputes or questions hereunder. 19) This Agreement constitutes the entire agreement of the parties hereto and shall be valid upon acceptance by the Company Corporate Office. No oral or written alterations or modifications of the terms contained herein shall be valid unless made in writing and accepted by an authorized representative of both the Company and Customer. This Agreement is assignable by Customer only with the prior written consent of the Company. Part I. General Service A. Computer System and Record Keeping Database B. Public Relations and Educational Brochures C. Mosquito Hotline Citizen Response – (800) 443-2034 D. Comprehensive Insurance Coverage Osceola Chain of Lakes CDD E. Program Consulting and Quality Control Staff F. Regulatory compliance on local, state, and federal levels Part II. Larval Midge Control A. Prescription Larval Control will be performed with OMRI (Organic Materials Review Institute) labeled Natular G30® mosquito/midge larvicide as described in the following sections. B. The program provides for 11 monthly treatments (October-December, February-September) of the community pond as needed using OMRI labeled Natular G30® pellets, or an equivalent 30 day residual product. Treatments will be completed utilizing backpack equipment to cover a 15’ perimeter zone around the edge of the lake to target Chironomidae or “edge midges.” Part III. Adult Midge Control A. Adulticiding in midge harborage areas 1. 44 scheduled ATV ULV treatments around the community pond up to 4.5 miles using Duet® or synthetic pyrethroid insecticide scheduled weekly October-December, February-September. 2. 12 barrier treatments around the clubhouse up to 1 miles as needed to reduce re-infestation using a pyrethroid insecticide for residual control of adult mosquitoes. These will be scheduled at the request of CDD management. B. Adulticiding Operational Procedures 1. Notification of community contact. 2. Weather limit monitoring and compliance. 3. ULV particle size evaluation. 4. Insecticide dosage and quality control analysis. EMM Payment Total Cost for Parts I and II $50,470.00 --- **NPDES Permit: A National Pollutant Discharge Elimination System (NPDES) permit is necessary for the execution of the work for mosquito control effective October 31, 2011. Any additional costs associated with activities and/or services that may be required by Clarke in order to comply with an NPDES permit are not included in this proposal. --- Clarke Environmental Mosquito Management, Inc. 2025-26 Midge Service Agreement | Osceola Chain of Lakes CDD 3095 Wauseon Dr, St. Cloud FL 34772 2 Program Payment Plan. For Parts I, II, and III as specified in the 2025 Professional Services Cost Outline, the total for the 2025 program is $50,470.00. The payments will be due according to the payment schedule below. PROGRAM PAYMENT PLAN Month 2025-2026 1 October 1 November 1 December 1 February 1 March 1 April 1 May 1 June 1 July 1 August 1 September $4,588.18 $4,588.18 $4,588.18 $4,588.18 $4,588.18 $4,588.18 $4,588.18 $4,588.18 $4,588.18 $4,588.18 $4,588.20 TOTAL $50,470.00 Approved Contract Period and Agreement: Please check one of the following contract periods: . 2025-2026 Season If you would like to pay by credit card please provide the information to your control consultant. For Customer: Osceola Chain of Lakes CDD Sign Name: Title: Date: For Clarke Environmental Mosquito Management Inc.: Name: Title: Control Consultant Date: Cherrief Jackson MAP: A satellite view of a city Description automatically generated with medium confidence Administrative Information: Invoices should be sent to: Name: Address: City: State: Zip Office Phone: Fax: P.O.# Email: County:____________________ **In an effort to be more sustainable, we ask that you provide us with an Email address that the invoices should be sent to.** Treatment Address (if different from above): Address: City: State: Zip County: __________________________ Contact Person for Osceola Chain of Lakes CDD: Name: Title: Office Phone: Fax: E-Mail: Home Phone: Cell: Pager: Alternate Contact Person for Osceola Chain of Lakes CDD Name: Title: Office Phone: Fax: E-Mail: Home Phone: Cell: Pager: Please sign and return a copy of the complete contract for our files to: Clarke Environmental Mosquito Management, Inc., Attn: Crystal Challacombe 3036 Michigan Avenue, Kissimmee, FL 34744; Fax number 407-944-0709 MEMORANDUM Date: June 17th, 2025 To: Nicole Stalder, District Engineer, Dewberry From: Derek Staat, Graduate Engineer, Dewberry Subject: Osceola Chain of Lakes Community Development District (CDD) Annual Inspection Results (June 2025); SFWMD Permit No. 49-02458-P Introduction This report provides the findings of a stormwater inspection for proper operation and maintenance of the Osceola Chain of Lakes CDD stormwater management system conducted on June 17th, 2025. The inspection and this report are specific to the system constructed in accordance with South Florida Water Management District (SFWMD) Permit No. 49-02458-P The following report summarizes the findings of the inspection and includes recommendations for action items. The report also contains a photo log (Attachment 2) depicting aspects of the stormwater management system that were inspected and require attention. Report Recommendations Live Oak Lakes: SFWMD Permit Number 49-02458-P General Comments are provided below regarding maintenance on site: • Erosion around Mitered End Sections (MES) has been recorded for the structures below. Slight erosion is expected but should be fixed before the structures loses to much dirt. The recommended corrective measures are listed below and displayed on the attached Stormwater Inspection Map (Attachment 1). These measures should be scheduled and performed as soon as possible to ensure the system is functioning as permitted: Structure Name Type Condition Solution DS-17 MES Surrounding dirt missing - Apply additional soil and hand compact around MES DS-232 MES Surrounding dirt missing - Apply additional soil and hand compact around MES DS-52 MES Surrounding dirt missing - Apply additional soil and hand compact around MES DS-63 MES Surrounding dirt missing - Apply additional soil and hand compact around MES DS-72 MES Surrounding dirt missing - Apply additional soil and hand compact around MES Attachments Attachment 1. Stormwater Inspection Results Map Attachment 2. Osceola Chain of Lakes CDD Photo Log Attachment 3. Site Visit Notes BOARD OF SUPERVISORS MEETING DATES OSCEOLA CHAIN OF LAKES COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2026 The Board of Supervisors of the Osceola Chain of Lakes Community Development District will hold their regular meetings for Fiscal Year 2026 on the 1st Wednesday of each month, at 1:00 p.m. at the West Osceola Branch Library, 305 Campus Street, Celebration, FL 34747 unless otherwise indicated as follows: November 5, 2025 March 4, 2026 May 6, 2026 July 1, 2026 August 5, 2026 September 2, 2026 The meetings are open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meetings may be continued to a date, time, and place to be specified on the record at the meeting. A copy of the agenda for these meetings may be obtained from Governmental Management Services - Central Florida, LLC, 219 E. Livingston Street, Orlando, Florida 32801 or by calling (407) 841-5524. There may be occasions when one or more Supervisors or staff will participate by telephone. Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations at this meeting because of a disability or physical impairment should contact the District Office at (407) 841-5524 at least 48 hours prior to the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1-800-955-8770 (Voice), for aid in contacting the District Office. A person who decides to appeal any decision made at the meeting with respect to any matter considered at the meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based. District Manager Osceola Chain of Lakes Community Development District Performance Measures/Standards & Annual Reporting Form October 1, 2025 – September 30, 2026 1. Community Communication and Engagement Goal 1.1: Public Meetings Compliance Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs. Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements. Standard: A minimum of three board meetings were held during the Fiscal Year. Achieved: Yes . No . Goal 1.2: Notice of Meetings Compliance Objective: Provide public notice of meetings in accordance with Florida Statutes, using at least two communication methods. Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication. Standard: 100% of meetings were advertised per Florida statute on at least two mediums (i.e., newspaper, CDD website, electronic communications). Achieved: Yes . No . Goal 1.3: Access to Records Compliance Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks. Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records. Standard: 100% of monthly website checks were completed by District Management. Achieved: Yes . No . 2. Infrastructure and Facilities Maintenance Goal 2.1: Field Management and/or District Management Site Inspections Objective: Field manager and/or district manager will conduct inspections per District Management services agreement to ensure safety and proper functioning of the District’s infrastructure. Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by field manager and/or district manager’s reports, notes or other record keeping method. Standard: 100% of site visits were successfully completed as described within district management services agreement Achieved: Yes . No . Goal 2.2: District Infrastructure and Facilities Inspections Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems. Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems. Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer. Achieved: Yes . No . 3. Financial Transparency and Accountability Goal 3.1: Annual Budget Preparation Objective: Prepare and approve the annual proposed budget by June 15 and final budget was adopted by September 30 each year. Measurement: Proposed budget was approved by the Board before June 15 and final budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records. Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website. Achieved: Yes . No . Goal 3.2: Financial Reports Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current fiscal year budget with any amendments, and most recent financials within the latest agenda package. Measurement: Annual audit, previous years’ budgets, and financials are accessible to the public as evidenced by corresponding documents on the CDD’s website. Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended fiscal year budget, and most recent agenda package with updated financials. Achieved: Yes . No . Goal 3.3: Annual Financial Audit Objective: Conduct an annual independent financial audit per statutory requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida. Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida. Standard: Audit was completed by an independent auditing firm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida. Achieved: Yes . No . Chair/Vice Chair:____________________________ Date:________________ Print Name:_________________________________ Osceola Chain of Lakes Community Development District District Manager:____________________________ Date:________________ Print Name:_________________________________ Osceola Chain of Lakes Community Development District A close-up of a logo Description automatically generated Memorandum To: Board of Supervisors From: District Management Date: August 7, 2024 RE: HB7013 – Special Districts Performance Measures and Standards ________________________________________________________________________________ To enhance accountability and transparency, new regulations were established for all special districts, by the Florida Legislature, during their 2024 legislative session. Starting on October 1, 2024, or by the end of the first full fiscal year after its creation (whichever comes later), each special district must establish goals and objectives for each program and activity, as well as develop performance measures and standards to assess the achievement of these goals and objectives. Additionally, by December 1 each year (initial report due on December 1, 2025), each special district is required to publish an annual report on its website, detailing the goals and objectives achieved, the performance measures and standards used, and any goals or objectives that were not achieved. District Management has identified the following key categories to focus on for Fiscal Year 2025 and develop statutorily compliant goals for each: • Community Communication and Engagement • Infrastructure and Facilities Maintenance • Financial Transparency and Accountability Additionally, special districts must provide an annual reporting form to share with the public that reflects whether the goals & objectives were met for the year. District Management has streamlined these requirements into a single document that meets both the statutory requirements for goal/objective setting and annual reporting. The proposed goals/objectives and the annual reporting form are attached as exhibit A to this memo. District Management recommends that the Board of Supervisors adopt these goals and objectives to maintain compliance with HB7013 and further enhance their commitment to the accountability and transparency of the District. Exhibit A: Goals, Objectives and Annual Reporting Form Osceola Chain of Lakes Community Development District Performance Measures/Standards & Annual Reporting Form October 1, 2024 – September 30, 2025 1. Community Communication and Engagement Goal 1.1: Public Meetings Compliance Objective: Hold at least three regular Board of Supervisor meetings per year to conduct CDD related business and discuss community needs. Measurement: Number of public board meetings held annually as evidenced by meeting minutes and legal advertisements. Standard: A minimum of three board meetings were held during the Fiscal Year. Achieved: Yes . No . Goal 1.2: Notice of Meetings Compliance Objective: Provide public notice of meetings in accordance with Florida Statutes, using at least two communication methods. Measurement: Timeliness and method of meeting notices as evidenced by posting to CDD website, publishing in local newspaper and via electronic communication. Standard: 100% of meetings were advertised per Florida statute on at least two mediums (i.e., newspaper, CDD website, electronic communications). Achieved: Yes . No . Goal 1.3: Access to Records Compliance Objective: Ensure that meeting minutes and other public records are readily available and easily accessible to the public by completing monthly CDD website checks. Measurement: Monthly website reviews will be completed to ensure meeting minutes and other public records are up to date as evidenced by District Management’s records. Standard: 100% of monthly website checks were completed by District Management. Achieved: Yes . No . 2. Infrastructure and Facilities Maintenance Goal 2.1: Field Management and/or District Management Site Inspections Objective: Field manager and/or district manager will conduct inspections per District Management services agreement to ensure safety and proper functioning of the District’s infrastructure. Measurement: Field manager and/or district manager visits were successfully completed per management agreement as evidenced by field manager and/or district manager’s reports, notes or other record keeping method. Standard: 100% of site visits were successfully completed as described within district management services agreement Achieved: Yes . No . Goal 2.2: District Infrastructure and Facilities Inspections Objective: District Engineer will conduct an annual inspection of the District’s infrastructure and related systems. Measurement: A minimum of one inspection completed per year as evidenced by district engineer’s report related to district’s infrastructure and related systems. Standard: Minimum of one inspection was completed in the Fiscal Year by the district’s engineer. Achieved: Yes . No . 3. Financial Transparency and Accountability Goal 3.1: Annual Budget Preparation Objective: Prepare and approve the annual proposed budget by June 15 and final budget was adopted by September 30 each year. Measurement: Proposed budget was approved by the Board before June 15 and final budget was adopted by September 30 as evidenced by meeting minutes and budget documents listed on CDD website and/or within district records. Standard: 100% of budget approval & adoption were completed by the statutory deadlines and posted to the CDD website. Achieved: Yes . No . Goal 3.2: Financial Reports Objective: Publish to the CDD website the most recent versions of the following documents: Annual audit, current fiscal year budget with any amendments, and most recent financials within the latest agenda package. Measurement: Annual audit, previous years’ budgets, and financials are accessible to the public as evidenced by corresponding documents on the CDD’s website. Standard: CDD website contains 100% of the following information: Most recent annual audit, most recent adopted/amended fiscal year budget, and most recent agenda package with updated financials. Achieved: Yes . No . Goal 3.3: Annual Financial Audit Objective: Conduct an annual independent financial audit per statutory requirements and publish the results to the CDD website for public inspection, and transmit to the State of Florida. Measurement: Timeliness of audit completion and publication as evidenced by meeting minutes showing board approval and annual audit is available on the CDD’s website and transmitted to the State of Florida. Standard: Audit was completed by an independent auditing firm per statutory requirements and results were posted to the CDD website and transmitted to the State of Florida. Achieved: Yes . No . Chair/Vice Chair:____________________________ Date:________________ Print Name:_________________________________ Osceola Chain of Lakes Community Development District District Manager:____________________________ Date:________________ Print Name:_________________________________ Osceola Chain of Lakes Community Development District