Minutes of Meeting

Rivers Edge
Community Development District

The  regular  meeting  of  the  Board  of  Supervisors  of  the  Rivers  Edge  Community

Development District was held Wednesday, December 20, 2017 at 11:00 a.m. at the Rivertown

Amenity Center, 156 Landing Street, St. Johns, Florida.

Present and constituting a quorum were:

Jason Sessions	Chairman

Judy Long	Supervisor
Charles Oates	Supervisor

Also present were:

Jim Perry	District Manager

Jennifer Kilinski	District Counsel by telephone
Ryan Stillwell	District Engineer
Louis Cowling	Riverside Management
Brian Stephens	Riverside Management
Dan Fagan	Vesta
Jason Davidson	Vesta
Taylor Simpson	Mattamy
D.J. Smith	Mattamy
10 residents

The following is a summary of the minutes and actions taken at the December 20, 2017

meeting. A copy of the proceedings can be obtained by contacting the District Manager.

FIRST ORDER OF BUSINESS	Roll Call

Mr. Perry called the meeting to order at 11:00 a.m. and called the roll.

SECOND ORDER OF BUSINESS	Audience Comments

There being none, the next item followed.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the October 19,

2017 Meeting

December 20, 2017	Rivers Edge CDD

 On MOTION by Mr. Sessions seconded by Mr. Oates with all in  favor the minutes of the October 19, 2017 meeting were approved  as presented. 

FOURTH ORDER OF BUSINESS	Consideration  of  Amended  and  Restated

Disclosure of Public Financing
Mr. Perry stated the amended and restated disclosure of public financing is included in

your agenda package and will be re-recorded for the district boundaries. It is a document that explains how the district is governed, the infrastructure that the district provides and maintains, a master improvement plan, what the 2016 Project was, the assessment fees and charges and methods of collection. This is very similar to the document that has already been recorded but this has been updated.

Ms. Kilinski stated we likely will do this again if the district were to issue bonds.

Mr. Perry stated it also includes a description of the boundary adjustment that took place

this year.

 On MOTION by Mr. Oates seconded by Mr. Sessions with all in  favor the amended and restated disclosure of public financing was  approved. 

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2018-02

Amending the FY 2017 Budget
Mr. Perry stated Resolution 2018-02 amends the 2017 budget.  This recognizes on a line

item by line item basis the difference between the actual incurred costs of the district and the budgeted costs. Instead of doing this on a monthly basis we bring to you the check registers and that is approved by the board and this is reflective of those actual expenditures through this last fiscal year. This is an annual adjustment we do each year.

 On MOTION by Mr. Oates seconded by Mr. Sessions with all in  favor Resolution 2018-02 was approved.

SIXTH ORDER OF BUSINESS	Other Business

There being none, the next item followed.

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December 20, 2017	Rivers Edge CDD

SEVENTH ORDER OF BUSINESS	Staff Reports

A.	Attorney

There being none, the next item followed.

B.	Engineer – Consideration of Requisition Nos. 23-27

Mr. Stillwell stated there are four requisitions in the agenda packet and they are all associated with the roundabout being constructed on S.R. 13 and it takes the payment up to about 50% for the contractor.

 On MOTION by Mr. Sessions seconded by Mr. Oates with all in  favor requisitions 23-27 were approved.

C.	Manager

Mr. Perry stated we have started with our external auditors for fiscal year 2017 that ended September 30, 2017. The budget amendment that you just approved is one of the cleanup items for that audit and we expect to have a draft report sometime in mid-January.

D.	Amenity Manager - Report

Mr. Davidson gave an overview of the amenities manager report, copy of which was included in the agenda package.

E.	Field Services – Operations Memorandum

Mr. Cowling gave an overview of the operations manager memorandum, copy of which was included in the agenda package.

EIGHTH ORDER OF BUSINESS	Supervisors’	Requests	and	Audience

Comments
Ms. Keramati stated there were some problems with moisture in the exercise rooms.

Mr. Davidson stated there was an issue and that issue has been addressed.

NINTH ORDER OF BUSINESS	Financial Reports

A.	Consideration of Tri-Party Funding Request Nos. 52-55

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December 20, 2017	Rivers Edge CDD

A copy of funding requests 52 through 55 were included in the agenda package.

 On MOTION by Mr. Sessions seconded by Mr. Oates with all in  favor tri-party funding requests 52-55 in the total amount of  $51,374.23 were approved. 

B.	Consideration of Construction Funding Request No. 2

A copy of funding request no. 2 along with the backup material was included as part of

the agenda package.

 On MOTION by Mr. Sessions seconded by Mr. Oates with all in  favor construction funding request No. 2 in the total amount of  $165,885.76 was approved. 

C.	Balance Sheet & Income Statement

A copy of the balance sheet and income statement were included in the agenda package.

D.	Assessment Receipt Schedule

A copy of the assessment receipt schedule was included in the agenda package.

E.	Approval of Check Registers

 On MOTION by Mr. Sessions seconded by Mr. Oates with all in  favor the check registers in the total amount of $425,168.25 were  approved. 

TENTH ORDER OF BUSINESS	Next   Scheduled   Meeting   –   Wednesday,

January  17,  2018  @  11:00  a.m.  at  the
Rivertown Amenity Center
Mr. Perry stated the next meeting is scheduled for Wednesday, January 17, 2018 at 11:00 a.m. in this location.

 On MOTION by Mr. Oates seconded by Mr. Sessions with all in  favor the meeting adjourned at 11:20 a.m.

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December 20, 2017	Rivers Edge CDD

Secretary/Assistant Secretary	Chairman/Vice Chairman

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