Minutes of Meeting Rivers Edge
Community Development District

The Rivers Edge Community Development District audit committee met Tuesday, June 11, 2019 at 11:00 a.m. at the RiverTown Amenity Center, 156 Landing Street, St. Johns, Florida.

Present were:

Jason Sessions Mac McIntyre Judy Long Charles Oates Jim Perry Jennifer Kilinski Lauren Gentry Ryan Stillwell Dan Fagan Jason Davidson Zach Davidson Marci Pollicino Robert Beladi Ernesto Torres

The following is a summary of the minutes and actions taken at the June 11, 2019 audit committee 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	Review and Ranking of Audit Proposals
Mr. Perry reviewed the proposals provided by Berger Toombs, Carr Riggs & Ingram and Grau & Associates, the current auditor, along with their proposed pricing for the three years of
$13,500 from Berger Toombs, $15,600 from Carr Riggs and $20,100 from Grau & Associates.
Mr. Perry stated for ability of personnel I gave each firm 20 points because they are all very qualified and can do the work. Experience is the same thing; each has a lot of experience

June 11, 2019	Rivers Edge CDD

and each received 20 points. For understanding scope of work I gave Grau & Associates 20 points because they have been involved for several years, the other two firms I gave 18 points. For ability to perform the services each got 20 points. When it came to price Berger Toombs being at $13,500 received 20 points, Carr Riggs got 17 points and Grau & Associates got 13 points as it worked out mathematically as a percentage of the lowest bidder. I’m recommending the following ranking: Berger Toombs at 98 points ranked no. 1, Carr Riggs at 95 points ranked no. 2 and Grau & Associates with 93 points was ranked third.

On MOTION by Mr. Sessions seconded by Ms. Long with all in favor the proposed ranking was accepted and Berger Toombs was ranked no. 1 with 98 points, Carr Riggs no. 2 at 95 points and Grau & Associates no. 3 at 93 points.

THIRD ORDER OF BUSINESS	Other Business
There being none,

On MOTION by Mr. Sessions seconded by Ms. Long with all in favor the audit committee meeting adjourned at 11:05 a.m.

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