Ranches at Lake McLeod Community Development District
Meeting Agenda December 12, 2023

Ranches at Lake McLeod
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

December 5, 2023

Board of Supervisors Ranches at Lake McLeod
Community Development District

Dear Board Members:

A meeting of the Board of Supervisors of the Ranches at Lake McLeod Community Development District will be held on Tuesday, December 12, 2023, at 10:00 AM at the Lake Alfred Public Library, 245 N Seminole Ave., Lake Alfred, FL 33850.

Zoom Video Link: https://us06web.zoom.us/j/83151741250
Call-In Information: 1-646-876-9923
Meeting ID: 831 5174 1250

Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period (1Speakers will fill out a card and submit it to the District Manager prior to the beginning of the meeting)
Organizational Matters
Administration of Oaths of Office to Newly Elected Board Members (Seat #3, Seat #4, and Seat #5)
Consideration of Resolution 2024-02 Canvassing and Certifying the Results of the Landowners’ Election
Election of Officers
Consideration of Resolution 2024-03 Electing Officers
Approval of Minutes of the October 10, 2023 Board of Supervisors Meeting and the November 7, 2023 Landowners’ Meeting
Presentation of Fiscal Year 2022 Audit Report
Consideration of 2024 Data Sharing and Usage Agreement with Polk County Property Appraiser
Ratification of Conveyance Deeds of Dedication and Bill of Sale
Staff Reports
Attorney
Engineer
Field Manager’s Report
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement

1 Comments will be limited to three (3) minutes
Project Development Update
Status of Property Conveyance
Status of Permit Transfers
Other Business
Supervisors Requests and Audience Comments
Adjournment

Section III

SECTION 8
RESOLUTION 2024-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT CANVASSING AND CERTIFYING THE RESULTS OF THE LANDOWNER’S ELECTION OF SUPERVISORS HELD PURSUANT TO SECTION 190.006(2), FLORIDA STATUTES, AND PROVIDING FOR AN EFFECTIVE DATE

WHEREAS, the Ranches at Lake McLeod Community Development District (“District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within the City of Eagle Lake, Polk County, Florida; and

WHEREAS, pursuant to Section 190.006(2), Florida Statutes, a landowners meeting is required to be held within 90 days of the District’s creation and every two years following the creation of the District for the purpose of electing supervisors of the District; and

WHEREAS, such landowners meeting, the Minutes of which are attached hereto as Exhibit A, was held on November 7, 2023, and at which the below recited persons were duly elected by virtue of the votes cast in his/her favor; and

WHEREAS, the Board of Supervisors of the District, by means of this Resolution, desires to canvas the votes and declare and certify the results of said election.

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.  The following persons are found, certified, and declared to have been duly elected as Supervisors of and for the District, having been elected by the votes cast in their favor as shown:

Nicole Henley	Seat 3	Votes	156	
Adam Morgan	Seat 4	Votes	157	
Rob Bonin	Seat 5	Votes	157	

SECTION 2.  In accordance with Section 190.006(2), Florida Statutes, and by virtue of the number of votes cast for the Supervisor, the above-named persons are declared to have been elected for the following terms of office:

Adam Morgan	4 Year Term
Rob Bonin	4 Year Term
Nicole Henley	2 Year Term

SECTION 3.   This resolution shall become effective immediately upon its adoption.
[Signature page for Resolution 2024- 02]

PASSED AND ADOPTED this 12th day of December 2023.

ATTEST:
RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT

 	
Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Exhibit A: Minutes of Landowner Meeting and Election

Section D
RESOLUTION 2024-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.

Whereas, the Ranches at Lake McLeod Community Development District (hereinafter the “District”), is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated within the City of Eagle Lake, Polk County, Florida; and

Whereas, the Board of Supervisors of the District (“Board”) desires to elect the Officers of the
District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT:
Section 1. The following persons are elected to the offices shown: Chairperson		
Vice Chairperson		
Secretary	Jill Burns
Assistant Secretary		
Assistant Secretary		
Assistant Secretary			 Assistant Secretary		George Flint Assistant Secretary			

Section 2. This Resolution shall become effective immediately upon its adoption.

Passed and adopted this 12th day of December 2023.

ATTEST:	RANCHES AT LAKE MCLEOD
COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors

MINUTES
MINUTES OF MEETING RANCHES AT LAKE MCLEOD
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Ranches at Lake McLeod Community Development District was held on Tuesday, October 10, 2023 at 10:03 a.m. via Zoom and at the Lake Alfred Public Library, 245 N Seminole Ave., Lake Alfred Florida.

Present and constituting a quorum were:

Adam Morgan	Chair
Rob Bonin	Vice Chairman
Brent Kewley	Assistant Secretary
Nicole Henley via Zoom	Assistant Secretary Also present were:
Tricia Adams	District Manager, GMS
Jill Burns	District Manager, GMS
Rick Welch via Zoom	District Engineer, Connelly & Wicker, Inc.
Allen Bailey	Field Manager, GMS
Mark Watts via Zoom	District Counsel, Cobb Cole

The following is a summary of the discussions and actions taken at the October 10, 2023 Ranches at Lake McLeod Community Development District’s Board of Supervisors meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Adams called the meeting to order at 10:03 a.m. and called the roll. Three Board members were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period on Agenda Items
There were no members of the public present in the audience and no members in attendance via Zoom.

THIRD ORDER OF BUSINESS	Approval of Minutes of the September 12,
2023 Board of Supervisors
Ms. Adams presented the minutes from the September 12, 2023 Board of Supervisors meeting and asked for any comments, questions, or corrections. Mr. Morgan stated they all look correct.

FOURTH ORDER OF BUSINESS	Consideration of Resolution 2024-01 Re-
Designating Registered Agent for the District
Ms. Adams stated there is a copy of the agenda on page 10 of your PDF agenda file. She noted this is designating the office of Governmental Management Services in Orlando as the registered office and is designating Jill Burns from GMS as the registered agent. This is updating as a result of transferring District Management Services.

FITH ORDER OF BUISNESS	Staff Reports
Attorney
Ms. Adams stated Mark Watts is attending via zoom.
Mr. Watts stated the only thing to report is the deed to dedication for the various tracts that need to get transferred over to the District and the Bill of Sale for the lift station have been sent out. He noted the only thing missing from that is the cost so we can insert the final cost for the lift station improvement. Otherwise, we should have that back and ready to go and can coordinate with Adam getting everything signed. Mr. Morgan asked if the construction cost of the lift station could be pulled up and if Barry could get it to him. Ms. Adams stated just the cost for the North. She stated that can be filled in when they are executing. Mr. Watts stated it would be set up as an exhibit so when we get those costs and get them certified, we can get them attached to it. Mr. Morgan stated he would have them to Tricia shortly. Ms. Adams stated they

will coordinate to get Adams signature. Mr. Watts asked Ms. Adams to send the original package to him. Mr. Morgan stated this is for North Ranches. Ms. Adams stated there were two tracts that were not yet complete, apparently there is a hold up with sod for OS1 and OS2 so they are not included, everything else is included. Mr. Welch stated it was his understanding that the water and sewer facilities were being dedicated to the City of Eagle Lake, am I mistaken or should this pump station tract be going to the city as opposed to the CDD? Mr. Morgan stated it will go to the CDD first and then on to the city.

Engineer
Mr. Welch stated he doesn’t have anything new. His only question would be if the Board has gotten everything to support the construction draw? Ms. Burns stated they have everything they need. She noted the last thing was the deeds which we now have and will be signed, and all go into the package for the requisition and then will be sent. Ms. Adams stated they just need to pull out OS1 and OS2 because they are not done.

Field Manager’s Report
Mr. Bailey presented the field manager’s report to the Board. He stated the entrance landscape is doing well. He noted they are continuing to monitor the palm trees. He has been in contact with Frank Polly who is still making sure they stay healthy as we are in fall heading towards winter. He noted with the aquatics, the wet pond looks good. The dry pond is churned up and does not have any more vegetation on it so doing well. He stated the only big item is the fence that was removed behind the homes on 696 and 708 Trotters Drive but that was an agreement between the buyer and when the home was being bought, it had to be removed but just to make the Board aware and have it on record that the fence was removed. It is on CDD property so we could put the fence back at any point if felt needed. Mr. Morgan asked why it was required to be removed. Mr. Bonin stated that was a Lennar decision with the buyer. They feel it is obstructing good views of the lake which one of them kind of is but the other one definitely is not. He stated that was a deal that we made, and we are aware of it and supporting of it. Mr. Morgan asked, so are we going to leave the fence out. Mr. Bonin stated yes. Mr. Bailey asked where the rest of the fence is at if at some point it could be put back up later on, in the future if it needed to be placed back up. Mr. Bonin stated he could find out. Mr. Bonin stated they have not memorialized the contract for the landscape. Mr. Adams stated her understanding is that the

Board has been given serious thought and ultimately because of the warranty that is in place with Frank Polly Sod it looks like it is in the best interest of the District to go ahead and move forward with a 12-month agreement for landscape services. Mr. Bonin stated yes that is his recommendation to go with Frank Polly on the North side. He noted in his opinion they will continue to monitor how that maintenance looks and goes down and then we can certainly entertain once we bid out and construct the southern side, we can relook at this again in the next six months or so but for now that is the recommendation. Ms. Adams stated she will send Mark the scope and landscape service area map to drop into that agreement.

District Manager
Ratification of Funding Request #26 and #27
Ms. Adams presented funding requests #26 totaling $7,677.54 which has been processed and funding request #27 totaling $15,079 that has been processed to the Board and asked for a motion to ratify.

Balance Sheet and Income Statement
Ms. Adams presented the financial statements to the Board and stated that they could be found in the agenda package. There is no action necessary from the Board and she offered to answer any question. This is for informational purposes only. Mr. Morgan asked when to expect the construction fund requisition as soon as we get the lift station cost and finalized? Ms. Adams stated when we get that cost then we can execute all of the documents. She noted she will coordinate with Adam to get that done as it is a priority. Mr. Morgan asked if the funds will be transferred by the end of November for sure? Ms. Adams stated way before the end of November.

Project Development Update
Status of Property Conveyance
Status of Permit Transfers
Ms. Adams stated that status of property conveyance has already been reviewed. She asked Mr. Welch for any updates on permit transfer issues. Mr. Welch stated not at this point. Mr. Morgan asked if the ERP for North has been transferred or is it all one. Mr. Welch stated they still need a Certificate of Completion.

SIXTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

SEVENTH ORDER OF BUSINESS	Supervisor’s	Requests	and	Audience
Comments
Ms. Adams asked for Supervisor’s requests. There were no comments from the Board.

EIGHTH ORDER OF BUSINESS	Adjournment

Secretary / Assistant Secretary	Chairman / Vice Chairman
MINUTES OF MEETING RANCHES AT LAKE MCLEOD
COMMUNITY DEVELOPMENT DISTRICT

The Landowners’ meeting and Election of the Board of Supervisors of the Ranches at Lake McLeod Community Development District was held Tuesday, November 7, 2023 at 9:40 a.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present were:

Tricia Adams Jill Burns

FIRST ORDER OF BUSINESS	Determination of Number of Voting Units
Represented
Ms. Burns stated that she had been provided with a proxy form authorizing Tricia Adams to cast votes on behalf of KL LHB3 AIV, LLC authorizing her to cast 157 votes.

SECOND ORDER OF BUSNESS	Call to Order
Ms. Burns stated we will go ahead and call to order the Landowner’s meeting.

THIRD ORDER OF BUSINESS	Election of Chairman for the Purpose of
Conducting Landowners’ Meeting
Ms. Burns was designated as the Chair for purposes of running the Landowner’s meeting.

FOURTH ORDER OF BUSINESS	Nominations	for	the	Positions	of
Supervisor
Ms. Burns asked for nominations for the three seats up for election, Ms. Adams nominated Nicole Henley to Seat 3, Adam Morgan to Seat 4, and Rob Bonin to Seat 5.

FIFTH ORDER OF BUSINESS	Casting of Ballots
Ms. Adams casted 156 votes for Nicole Henley, 157 votes for Adam Morgan, and 157 votes for Rob Bonin.

SIXTH ORDER OF BUSINESS	Ballot Tabulation
November 7, 2023	Ranches at Lake McLeod CDD

Ms. Burns stated that Mr. Morgan and Mr. Bonin will serve four-year terms and Ms.
Henley will serve a two-year term.

SEVENTH ORDER OF BUSINESS	Landowners Questions and Comments
There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment
Ms. Burns stated at this time we will adjourn the landowners’ meeting.

Secretary / Assistant Secretary	Chairman / Vice Chairman

2

Section V

Ranches at Lake McLeod Community Development District

FINANCIAL STATEMENTS

September 30, 2022

Page
REPORT
Independent Auditors’ Report ..............................................................................................	1
FINANCIAL STATEMENTS
Management’s Discussion and Analysis (required supplemental information) ...............	4
Basic Financial Statements Government‐Wide Financial Statements
Statement of Net Position ........................................................................................	8
Statement of Activities .............................................................................................	9
Fund Financial Statements
Balance Sheet – Governmental Funds......................................................................	10
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds ................................................................................................	11
Reconciliation of the Statement of Revenue, Expenditures and Changes in
Fund Balances – Governmental Funds to the Statement of Activities.....................	12
Notes to Financial Statements ........................................................................................	13
Required Supplemental Information (other than MD&A)
Budget to Actual Comparison Schedule ‐ General Fund .............................................	19
Independent Auditors’ Report on Internal Control Over Financial Reporting and On Compliance and Other Matters Based on an Audit of Financial Statements
Performed in Accordance With Government Auditing Standards..................................	20
Management Letter ........................................................................................................	23
Independent Accountants’ Report on Compliance with Section 218.415,
Florida Statutes ...............................................................................................................	26

To the Board of Supervisors
Ranches at Lake McLeod Community Development District Polk County, Florida

Opinions

We have audited the accompanying financial statements of the governmental activities and each major fund of Ranches at Lake McLeod Community Development District (hereinafter referred to as “District”), as of and for the year ended September 30, 2022, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the Ranches at Lake McLeod Community Development District as of September 30, 2022, and the respective changes in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America.

Basis for Opinions

We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditors’ Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Responsibilities of Management for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
Auditors’ Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing standards and Government Auditing Standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.

In performing an audit in accordance with generally accepted auditing standards and Government Auditing Standards, we:

Exercise professional judgment and maintain professional skepticism throughout the audit.

Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.

Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, no such opinion is expressed.

Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.

Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for a reasonable period of time.

We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control‐related matters that we identified during the audit.

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information on pages 4 ‐ 7 and 19 be presented to supplement the basic financial statements. Such information is the responsibility of

‐ 2 ‐
management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated November 16, 2023, on our consideration of the District's internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

CARR, RIGGS & INGRAM, LLC

Miramar Beach, Florida November 16, 2023

Management’s Discussion and Analysis

Our discussion and analysis of the Ranches at Lake McLeod Community Development District’s financial performance provides an overview of the District’s financial activities for the fiscal year ended September 30, 2022. Please read it in conjunction with the District’s financial statements, which begin on page 8.

FINANCIAL HIGHLIGHTS

At September 30, 2022, the liabilities and deferred inflows of resources of the District exceed its assets by approximately $23,000 (deficit net position).

During the year ended September 30, 2022, the Developer contributed approximately
$53,000 to fund the general operations of the District.

USING THE ANNUAL REPORT

This annual report consists of a series of financial statements. The Statement of Net Position and the Statement of Activities on pages 8 – 9 provide information about the activities of the District as a whole and present a longer‐term view of the District’s finances. Fund financial statements start on page 10. For governmental activities, these statements tell how these services were financed in the short‐term as well as what remains for future spending. Fund financial statements also report the District’s operations in more detail than the government‐wide statements by providing information about the District’s most significant funds.

Reporting the District as a Whole

Our analysis of the District as a whole begins on page 5. One of the most important questions asked about the District’s finances is, “Is the District as a whole better off or worse off as a result of the year’s activities?” The Statement of Net Position and the Statement of Activities report information about the District as a whole and about its activities in a way that helps answer this question. These statements include all assets and liabilities using the accrual basis of accounting, which is similar to the accounting used by most private‐sector companies. All of the current year’s revenues and expenses are taken into account regardless of when cash is received or paid.

These two statements report the District’s net position and related changes during the current year. You can think of the District’s net position – the difference between assets and liabilities – as one way to measure the District’s financial health, or financial position. Over time, increases or decreases in the District’s net position is one indicator of whether its financial health is improving or deteriorating. You will need to consider other nonfinancial factors; however, such as changes in the District’s assessment base and the condition of the District’s infrastructure, to assess the overall health of the District.

Reporting the District’s Most Significant Funds

Our analysis of the District’s major funds begins on page 7. The fund financial statements begin on page 10 and provide detailed information about the most significant funds – not the District as a whole. Some funds are required to be established by State law and by bond covenants. All of the District’s funds are governmental fund‐types.

Governmental funds – All of the District’s basic services are reported in governmental funds, which focus on how money flows into and out of those funds and the balances left at year‐ end that are available for spending. The governmental fund statements provide a detailed short‐term view of the District’s general government operations and the basic services it provides. Governmental fund information helps you determine whether there are more or fewer financial resources that can be spent in the near future to finance the District’s programs.

THE DISTRICT AS A WHOLE

The following table reflects the condensed Statement of Net Position and is compared to the prior year.

September 30,	2022	2021	Change Assets
Current and other assets
$	41,007
10,787	$
30,220

Total assets	41,007	10,787	30,220
Liabilities

Current liabilities	$	46,296	$	31,618	$	14,678	
Total liabilities		46,296	31,618	14,678	

Deferred inflows of resources

Deferred revenue	17,276	‐	17,276				
Total deferred inflows of resources	17,276	‐	17,276				
Net position							
Unrestricted		(22,565)		(20,831)		(1,734)	
Total net position (deficit)		(22,565)		(20,831)		(1,734)	
Total liabilities and net position (deficit)	$	41,007	$	10,787	$	30,220	

For more detailed information, see the accompanying Statement of Net Position.

During the fiscal year ended September 30, 2022, total assets, liabilities and deferred inflows of resources increased by approximately $30,000, respectively. The increase in assets, liabilities and deferred inflows of resources is due to an increase in District activity and timing of receipt of funding as the Developer is funding the general operations of the District.

The following schedule compares the Statement of Activities for the current and previous fiscal year.

For the year ended September 30,		2022		2021	Change	
Revenue:
Program revenue:
Grants and contributions	

$		

53,170	

$	38,453	

$	14,717	

Total revenue			
53,170	
38,453	
14,717	
Expenses:						
General government		53,504	43,639	9,865		
Cost of issuance		1,400	15,645	(14,245)		

Total expenses		
54,904	
59,284	
(4,380)		

Change in net position		
(1,734)	
(20,831)	
19,097		
Net position (deficit), beginning of year		(20,831)	‐	(20,831)		

Net position (deficit), end of year	
$	
(22,565)	
$	(20,831)	
$	(1,734)		

For more detailed information, see the accompanying Statement of Activities.

Revenue increased over the prior year by approximately $14,700 while expenses decreased by approximately $4,400. The increase in revenue is primarily due to an increase in general government activity following the first full year of District operations, while the decrease in expenses is due to certain cost of issuance related expenses incurred in the prior year to prepare for future bond issuance. The overall result was a decrease of $1,734 in net position for fiscal year 2022.

THE DISTRICT’S FUNDS

As the District completed the year, its governmental funds (as presented in the balance sheet on page 12) reported a combined deficit fund balance of $22,565, which is a decrease from last year’s fund balance deficit that totaled $28,267. Significant transactions are discussed below.

During the year ended September 30, 2022, the Developer contributed approximately
$61,000 to fund the general operations of the District.

The overall increase in fund balance for the year ended September 30, 2022 totaled approximately
$5,700.

GOVERNMENTAL FUNDS BUDGETARY HIGHLIGHTS

An Operating budget was established in the current year by the governing board for the District pursuant to the requirements of Florida Statutes. The budget to actual comparison for the general fund, including the original budget and final adopted budget, is shown at page 19.

The District experienced an unfavorable variance in revenue and a favorable variance in expenditures as compared to the budget in the amounts of $26,684 and $33,786, respectively. The variance in revenue and expenditures is due to lower professional fees incurred as bonds were not issued until subsequent to fiscal year end and the Developer is funding the general operations of the District.

FUTURE FINANCIAL FACTORS

Ranches at Lake McLeod Community Development District is an independent special district that operates under the provisions of Chapter 190, Florida Statutes. The District operates under an elected Board of Supervisors, which establishes policy and sets assessment rates. Assessment rates for fiscal year 2023 were established to provide for the operations of the District as well as the necessary debt service requirements.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT

This financial report is designed to provide a general overview of the District’s finances. If you have questions about this report or need additional financial information, contact the Ranches at Lake McLeod Community Development District’s management company at 6200 Lee Vista Boulevard, Suite 300, Orlando, FL, 32822.

Basic Financial Statements

September 30,	2022
Governmental Activities
Assets
Cash and cash equivalents
$	9,469
Due from developer	31,388
Prepaid expenses	150

Total assets	41,007

Liabilities

Accounts payable	30,496	
Due to developer	15,800	

Total liabilities	
46,296	

Deferred inflows of resources
Deferred revenue	17,276

Total deferred inflows of resources	17,276

Net position
Unrestricted	(22,565)

Total net position (deficit)	$	(22,565)

The accompanying notes are an integral part of these financial statements.
Ranches at Lake McLeod Community Development District
Statement of Activities

For the year ended September 30,
2022

Program Revenue

Net (Expense) Revenue and Changes in Net Position

Charges for	Governmental
Functions/Programs	Expenses	Services	Activities Primary government:
Governmental activities:

General government	$	(53,504)	$	53,170	$	(334)	
Cost of issuance		(1,400)		‐		(1,400)	

Total governmental activities	
$	
(54,904) $	
53,170	
(1,734)			

 Net position (deficit) ‐ beginning of year	(20,831)

 Net position (deficit) ‐ end of year	$	(22,565)

The accompanying notes are an integral part of these financial statements.
‐ 9 ‐

September 30,		2022		
			Total	
			Governmental	
	General	Capital Projects	Funds	
Assets
Cash and cash equivalents	
$	9,469	
$	‐	
$	9,469	
Due from developer	31,388	‐	31,388	
Prepaid expenditures	150	‐	150	
Total assets	$	41,007	$	‐	$	41,007	

Liabilities, Deferred Inflows of Resources and Fund Balances
Liabilities

Accounts payable	$	29,251	$	1,245	$	30,496	
Due to developer	‐	15,800	15,800	
Total liabilities	29,251	17,045	46,296	

Deferred inflows of resources

Deferred revenue	17,276	‐	17,276		
Total deferred inflows of resources	17,276	‐	17,276		

Fund balances					
Nonspendable	150		‐	150	
Unassigned	(5,670)		(17,045)	(22,715)	
Total fund balance (deficit)	(5,520)		(17,045)	(22,565)	

Total liabilities, deferred inflows of resources and fund balance (deficit)	

$	41,007	

$	

‐	

$	41,007	
Governmental Funds

For the year ended September 30,		2022		
			Total	
		Capital	Governmental	
	General	Projects	Funds	
Revenue
Developer contributions	
$	60,606	
$	‐	
$	60,606	
Total revenue	60,606	‐	60,606	

Expenditures
Current:
General government	

53,504	

‐	

53,504	
Debt service:
Bond issue costs	
‐	
1,400	
1,400	
Total expenditures	53,504	1,400	54,904	

Excess (deficit) of revenue over expenditures	
7,102	
(1,400)	
5,702	
Fund balance (deficit), beginning of year	(12,622)	(15,645)	(28,267)	

Fund balance (deficit), end of year	
$	(5,520)	
$	(17,045)	
$	(22,565)	
Balances of Governmental Funds to the Statement of Activities

For the year ended September 30,	2022	

Net change in fund balances ‐ governmental fund	
$	5,702	
Certain revenue amounts that did not represent current financial resources in the		
prior year were deferred in the fund level financial statements but were		
recognized as revenue in the government‐wide financial statements in the prior
year.	
(7,436)	

Change in net position of governmental activities	
$	(1,734)	

NOTE 1: NATURE OF ORGANIZATION

The Ranches at Lake McLeod Community Development District (the “District”) was established on October 5, 2020 pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes, by City of Eagle Lake Ordinance O‐21‐01. The Act provides, among other things, the power to manage basic services for community development, power to borrow money and issue bonds, and to levy and assess non‐ad valorem assessments for the financing and delivery of capital infrastructure.

The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.

The District is governed by a Board of Supervisors (“Board”), which is comprised of five members. The current Supervisors have been elected by the landowners. At September 30, 2022, all of the Supervisors are affiliated with the developer of the community, Ranches at Lake McLeod, LLC. The Board of Supervisors of the District exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes.

The Board has the final responsibility for:
Assessing and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.

In evaluating how to define the government, for financial reporting purposes, management has considered all potential component units. The decision to include or exclude a potential component unit in the reporting entity was made by applying the criteria set forth by Generally Accepted Accounting Principles (GAAP) as defined by the Governmental Accounting Standards Board (GASB). Based on the foregoing criteria, no potential component units were found.

NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

The accounting policies of the District conform to GAAP as applicable to governments in accordance with those promulgated by GASB. The following is a summary of the more significant policies:

Government‐wide and Fund Financial Statements

The basic financial statements include both government‐wide and fund financial statements.

The government‐wide financial statements (i.e., the Statement of Net Position and the Statement of Activities) report information on all the non‐fiduciary activities of the primary government. Governmental activities, which normally are supported by assessments, are reported separately from business‐type activities, which rely to a significant extent on fees and charges for support. The business‐type activities are reported separately in government‐wide financial statements; however, at September 30, 2022, the District did not have any significant business‐type activities. Therefore, no business‐type activities are reported. Assessments and other items not properly included as program revenues (i.e., charges to customers or applicants who purchase, use, or directly benefit from goods or services) are reported as general revenues.

Separate financial statements are provided for governmental funds. Major individual governmental funds are reported as separate columns in the fund financial statements.

Measurement Focus, Basis of Accounting and Basis of Presentation

The government‐wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of the related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and other similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the District considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.

Developer contributions associated with the current fiscal period are all considered to be susceptible to accrual and have been recognized as revenue of the current fiscal period. All other revenue items are considered to be measurable and available only when cash is received by the District.

The District reports the following major governmental funds:

General Fund – The General Fund is the primary operating fund of the District. It is used to account for all financial resources except those required to be accounted for in other funds.

Debt Service Fund – The Debt Service Fund is used to account for the accumulation of resources for the annual payment of principal and interest on long‐term debt.

For the year ended September 30, 2022, the District does not report any proprietary funds.

As a general rule, the effect of interfund activity has been eliminated from the government‐wide financial statements.

When both restricted and unrestricted resources are available for use, it is the District’s policy to use restricted resources first, then unrestricted resources as they are needed. When committed, assigned, or unassigned resources are available for use in the governmental fund financial statements, it is the government’s policy to use committed resources first, followed by assigned resources, then unassigned resources as needed.

Cash, Deposits and Investments

The District maintains deposits with "Qualified Public Depositories" as defined in Chapter 280, Florida Statutes. All Qualified Public Depositories must place with the Treasurer of the State of Florida securities in accordance with collateral requirements determined by the State’s Chief Financial Officer. In the event of default by a Qualified Public Depository, the State Treasurer will pay public depositors all losses. Losses in excess of insurance and collateral will be paid through assessments between all Qualified Public Depositories.

Under this method, all the District's deposits are fully insured or collateralized at the highest level of security as defined by GASB, Statement Number 40, Deposits and Investment Disclosures (An Amendment of GASB, Statement Number 3).

The District is authorized to invest in financial instruments as established by Section 218.415, Florida Statutes. The authorized investments include among others negotiable direct or indirect obligations which are secured by the United States Government; the Local Government Surplus Trust Funds as created by Section 218.405, Florida Statutes; SEC registered money market funds with the highest credit quality rating from a nationally recognized rating agency; and interest‐bearing time deposits or savings accounts in authorized financial institutions.

Deferred Outflows/Inflows of Resources

In addition to assets, the statement of financial position and balance sheet – governmental funds will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. The District does not have any of this type of item at September 30, 2022.

In addition to liabilities, the statement of financial position and balance sheet – governmental funds will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. The District only has one item that qualifies for reporting in this category: deferred revenue, which is reported in the Statement of Net Position and Balance Sheet – Governmental Funds. Deferred revenue resulted from funding requested from the developer prior to September 30, 2022 for expenditures related to fiscal year 2023.

Fund Equity

Net position in the government‐wide financial statements represents the difference between assets and deferred outflows of resources and liabilities and deferred inflows of resources and is categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents assets related to infrastructure and property, plant and equipment, net of any related debt. Restricted net position represents the assets restricted by the District’s bond covenants.

Governmental fund equity is classified as fund balance. Fund balance is further classified as nonspendable, restricted, committed, assigned, or unassigned. Nonspendable fund balance cannot be spent because of its form. Restricted fund balance has limitations imposed by creditors, grantors, or contributors or by enabling legislation or constitutional provisions. Committed fund balance is a limitation imposed by the District board through approval of resolutions. Assigned fund balance is a limitation imposed by a designee of the District board. Unassigned fund balance in the General Fund is the net resources in excess of what can be properly classified in one of the above four categories. Negative unassigned fund balance in other governmental funds represents excess expenditures incurred over the amounts restricted, committed, or assigned to those purposes.

Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates.

Budgets

The District is required to establish a budgetary system and an approved annual budget. Annual budgets are legally adopted on a basis consistent with GAAP for the General Fund. Any revision to the budget must be approved by the District Board. The budgets are compared to actual expenditures. In instances where budget appropriations and estimated revenues have been revised during the year, budget data presented in the financial statements represent final authorization amounts.

The District follows these procedures in establishing the budgetary data reflected in the financial statements:

Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
A public hearing is conducted to obtain comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board, unless otherwise delegated by the District Board.
Budgets are adopted on a basis consistent with accounting principles generally accepted in the United States of America.

Subsequent Events

Management has evaluated subsequent events through the date that the financial statements were available to be issued, November 16, 2023, and determined there were no events that occurred that require disclosure. No subsequent events occurring after this date have been evaluated for inclusion in these financial statements.

NOTE 3: RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District maintains commercial insurance coverage to mitigate the risk of loss. Coverage may not extend to all situations. Management believes such coverage is sufficient to preclude any significant uninsured losses to the District. As of the date of this report, the District has not filed any claims against this commercial coverage.

NOTE 4: MANAGEMENT COMPANY

The District has contracted with a management company to perform management advisory services, which include financial and accounting advisory services. Certain employees of the management company also serve as officers (Board appointed non‐voting positions) of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, and other administrative costs.

NOTE 5: RELATED PARTY TRANSACTIONS

The Developer has agreed to fund the general operations of the District. For the year ended September 30, 2022, Developer contributions totaled $53,170. At September 30, 2022, the Developer owed the District $31,388, which is reported as Due from developer on the accompanying Statement of Net position and Balance Sheet – Governmental Funds. The District owed the Developer $15,800 for certain cost of issuance expenses which will be repaid upon issuance of bonds.

NOTE 6: SUBSEQUENT EVENTS

In June 2023, the District issued $5,665,000 of Series 2023 Special Assessment bonds with interest rates ranging from 4.625% to 5.50%. The bonds were issued to finance the acquisition and construction of the Assessment Area One Master Infrastructure Project. Interest is due semiannually on June 15 and December 15. Principal payments on the Series 2023 Bonds are made serially commencing on December 15, 2024 through December 15, 2053.

Required Supplemental Information (Other than MD&A)

For the year ended September 30,		2022		
	Original and	Actual	Variance with	
	Final Budget	Amounts	Final Budget	

Revenue
Developer contributions	

$	87,290	

$	60,606	

$	(26,684)	
Total revenue	87,290	60,606	(26,684)	

Expenditures
General government	

87,290	

53,504	

33,786	
Total expenditures	87,290	53,504	33,786	

Excess of revenue over expenditures	
$	‐	
$	7,102	
$	7,102	

To the Board of Supervisors
Ranches at Lake McLeod Community Development District City of Eagle Lake, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Ranches at Lake McLeod Community Development District (hereinafter referred to as the “District”), as of and for the year ended September 30, 2022, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our report thereon dated November 16, 2023.

Report on Internal Control Over Financial Reporting

In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies and therefore, material weaknesses or significant deficiencies may exist that were not identified. We did identify a deficiency in internal control described below as IC2022‐01 that we consider to be a material weakness.
IC 2022‐01: Financial Statement Close

Condition: The District did not accrue approximately $12,000 in general government and cost of issuance expenditures as of prior year‐end. In addition, the District did not record funding related to prior year expenses totaling approximately $6,000.

Criteria: Internal controls should be in place to provide reasonable assurance that payables and the related expenditures are appropriately accrued and that Developer contributions are recorded in the proper period.

Cause: The accrual of payables and developer funding appear to have been overlooked when the District staff was preparing its annual financial report.

Effect: Current year expenses were overstated by approximately $12,000. In addition, developer advances were overstated by $6,000.

Recommendation: We recommend the District review the general vendor activity within a reasonable timeframe from year‐end to ensure that all applicable liabilities are identified and recorded in the proper period. Further, we recommend the District compare invoices included with developer funding requests to ensure that developer contributions are recorded in the proper period.

The District’s response to the finding identified in our audit is described below. The District’s response was not subjected to the auditing procedures applied in the audit of the financial statements and, accordingly, we express no opinion on it.

Management response: The District has already taken further steps to ensure that this oversight is avoided in the future.

Report on Compliance and Other Matters

As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

CARR, RIGGS & INGRAM, LLC

Miramar Beach, Florida November 16, 2023

Report on the Financial Statements

We have audited the financial statements of the Ranches at Lake McLeod Community Development District (“District”) as of and for the fiscal year ended September 30, 2022, and have issued our report thereon dated November 16, 2023.

Auditors’ Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.

Other Reporting Requirements

We have issued our Independent Auditors’ Report on Internal Control over Financial Reporting and Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards and Independent Accountant’s Report on an examination conducted in accordance with AICPA Professional Standards, AT‐C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated November 16, 2023, should be considered in conjunction with this management letter.

Prior Audit Findings

Section 10.554(1)(i)1., Rules of the Auditor General, requires that we determine whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report. This is the first year the District was required to have an annual financial audit performed.

Official Title and Legal Authority

Section 10.554(1)(i)4., Rules of the Auditor General, requires that the name or official title and legal authority for the primary government and each component unit of the reporting entity be disclosed in this management letter, unless disclosed in the notes to the financial statements. The information required is disclosed in the notes to the financial statements.
Financial Condition and Management

Section 10.554(1)(i)5.a. and 10.556(7), Rules of the Auditor General, require us to apply appropriate procedures and communicate the results of our determination as to whether or not the District has met one or more of the conditions described in Section 218.503(1), Florida Statutes, and to identify the specific condition(s) met. In connection with our audit, we determined that the District did not meet any of the conditions described in Section 218.503(1), Florida Statutes.

Pursuant to Sections 10.554(1)(i)5.b. and 10.556(8), Rules of the Auditor General, we applied financial condition assessment procedures for the District. It is management’s responsibility to monitor the District’s financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

Section 10.554(1)(i)2., Rules of the Auditor General, requires that we communicate any recommendations to improve financial management. In connection with our audit, we did not have any such recommendations.

Specific Information

As required by section 218.39(3)(c), Florida Statutes, and Section 10.554(1)(i)6, Rules of the Auditor General, the Ranches at Lake McLeod Community Development District reported:

The total number of district employees compensated in the last pay period of the district’s fiscal year as 0.

The total number of independent contractors to whom nonemployee compensation was paid in the last month of the district’s fiscal year as 5.

All compensation earned by or awarded to employees whether paid or accrued, regardless of contingency as $0.

All compensation earned by or awarded to nonemployee independent contractors, whether paid or accrued, regardless of contingency as $4,737.

Each construction project with a total cost of at least $65,000 approved by the district that is scheduled to begin on or after October 1 of the fiscal year being reported, together with the total expenditures for such project as $0.

The District did not amend its final adopted budget under Section 189.016(6).

Additional Matters

Section 10.554(1)(i)3., Rules of the Auditor General, requires us to communicate noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance. In connection with our audit, we did not note any such findings.
Purpose of this Letter

Our management letter is intended solely for the information and use of Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, the Board of Supervisors, and applicable management, and is not intended to be and should not be used by anyone other than these specified parties.

CARR, RIGGS & INGRAM, LLC

Miramar Beach, Florida November 16, 2023

We have examined Ranches at Lake McLeod Community Development District’s compliance with the requirements of Section 218.415, Florida Statutes, Local Government Investment Policies, during the year ended September 30, 2022. Management of the District is responsible for the District’s compliance with the specified requirements. Our responsibility is to express an opinion on the District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and performed the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced above. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion.

We are required to be independent and to meet our ethical responsibilities in accordance with relevant ethical requirements relating to the engagement.

Our examination does not provide a legal determination on the District’s compliance with specified requirements.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the year ended September 30, 2022.

This report is intended solely for the information and use of management and the State of Florida Auditor General and is not intended to be and should not be used by anyone other than these specified parties.

CARR, RIGGS & INGRAM, LLC

Miramar Beach, Florida November 16, 2023

Section VI

This Data Sharing and Usage Agreement, hereinafter referred to as “Agreement,” establishes the terms and conditions
under which the 	Ranches at Lake McLeod CDD	 hereinafter referred to as “agency,” can acquire and use Polk County Property Appraiser data that is exempt from Public Records disclosure as defined in FS 119.071.

In accordance with the terms and conditions of this Agreement, the agency agrees to protect confidential data in accordance with FS 282.3185 and FS 501.171 and adhere to the standards set forth within these statutes.

For the purposes of this Agreement, all data is provided. It is the responsibility of the agency to apply all statutory guidelines relative to confidentiality and personal identifying information.

The confidentiality of personal identifying information including: names, mailing address and OR Book and Pages pertaining to parcels owned by individuals that have received exempt / confidential status, hereinafter referred to as “confidential data,” will be protected as follows:
The agency will not release confidential data that may reveal identifying information of individuals exempted from Public Records disclosure.
The agency will not present the confidential data in the results of data analysis (including maps) in any manner that would reveal personal identifying information of individuals exempted from Public Records disclosure.
The agency shall comply with all state laws and regulations governing the confidentiality and exempt status of personal identifying and location information that is the subject of this Agreement.
The agency shall ensure any employee granted access to confidential data is subject to the terms and conditions of this Agreement.
The agency shall ensure any third party granted access to confidential data is subject to the terms and conditions of this Agreement. Acceptance of these terms must be provided in writing to the agency by the third party before personal identifying information is released.
The agency agrees to comply with all regulations for the security of confidential personal information as defined in FS 501.171.
The agency, when defined as “local government” by FS 282.3185, is required to adhere to all cybersecurity guidelines when in possession of data provided or obtained from the Polk County Property Appraiser.

The term of this Agreement shall commence on January 1, 2024, and shall run until December 31, 2024, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew. A new agreement will be provided annually to ensure all responsible parties are aware of and maintain the terms and conditions of this Data Sharing and Usage Agreement.
In witness of their agreement to the terms above, the parties or their authorized agents hereby affix their signatures.

POLK COUNTY PROPERTY APPRAISER

Agency:
	Ranches at Lake McLeod CDD	
Signature: 	 Print: Marsha M. Faux CFA, ASA	 Title: Polk County Property Appraiser  Date:  December 1, 2023	
Signature: 	 Print: 	 Title: 	 Date: 	
Please email the signed agreement to pataxroll@polk-county.net.

Section VII

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260095
BK 12896 Pgs 1902-1904 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this ff!!_day of
(j{A()? 2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter
referred to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter referred to as "District").

WI TN E S S E T H:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that ce1iain lands lying and being in the County of Polk, State of Florida, being more paiiicularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appmienances thereunto belonging or in anywise appertaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the property dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:

      /q day ofOd ,2023 STATE OF/l-r,'ZCV}O,
coUNTY oF Mttnap"'

The foregoing instrument was acknowle!d before me by  -Of		l	 presence online notarizatio , t is	day of	2023 by  I	 [m11()	as
'-P<..L..l.. .......,'!wy. P'IJU141 ofKL LHB3 AIV, LLC, a Florida limited liability company, for and  He lij/1s personally known or □ produced 	 as
identification. [NOTARY SEAL]
Signature of Notary Public

/\}tdn:to	J-hII-
Printed Name of Notary Public

2
EXHIBIT A

TRACT DlN, PER THE PLAT FOR RANCHES AT LAKE MCLEOD I, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 193 PAGES 32-33

3

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260096
BK 12896 Pgs 1905-1907 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this _ff!!!day of
0crot2ft=g. ., 2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter
referred to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter referred to as "District").

W I TN E S S E T H:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that certain lands lying and being in the County of Polk, State of Florida, being more particularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appurtenances thereunto belonging or in anywise appertaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the property dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:
  Elday oftJel-, 2023

[NOTARY SEAL]

Signature of Notary Public

Printed Name of Notary Public

2
EXHIBIT A

TRACT D2N, PER THE PLAT FOR RANCHES AT LAKE MCLEOD I, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 193 PAGES 32-33

3

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260097
BK 12896 Pgs 1908-1910 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this ff day of Oc:ro{ke)L_, 2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter refen-ed to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY
DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter referred to as "District").

W I TN E S S E TH:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that certain lands lying and being in the County of Polk, State of Florida, being more particularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appurtenances thereunto belonging or in anywise appe1iaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the property dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:
 IE		
      J1day of M,	2023
STATE OF 	VI
COUNTY oT	JiCtj

[NOTARY SEAL]

Signature ofNotaiy Public
'P-"'-..e

Printed Name of Notary Public
EXHIBIT A

TRACT D3E, PER THE PLAT FOR RANCHES AT LAKE MCLEOD II, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 198 PAGES 41-44

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260098
BK 12896 Pgs 1911-1913 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this Jqfflday of 00t0 Q,c:J2-::; 2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter referred to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant
to Chapter 190, Florida Statutes (hereinafter refe1Ted to as "District").

WI TN E S S E T H:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that certain lands lying and being in the County of Polk, State of Florida, being more particularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appurtenances thereunto belonging or in anywise appertaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the property dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:
       .11._day ofM, 2023

[NOTARY SEAL]

Printed Name of Notary Public

2
EXHIBIT A

TRACT D4E, PER THE PLAT FOR RANCHES AT LAKE MCLEOD II, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 198 PAGES 41-44

3

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260099
BK 12896 Pgs 1914-1916 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this /t(nt day of
(}Cf1if1,e{L., 2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter
referred to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter referred to as "District").

W I TN E S S E T H:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that certain lands lying and being in the County of Polk, State of Florida, being more particularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appurtenances thereunto belonging or in anywise appeiiaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the property dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:

STATE OF Ar-rio(IO( 
COUNTY OF/Vlo,rJ(o(&?'
By:	••

By:d Name: ,r,c,4 P?1tt
Title: AwH,1Jt"1'::/:eJ S rl4-P"'j

Jtf day of fkl_, 2023

The foregoing instrument was acknowledged before me by means of 12'p!sicalpresence or □ online notarizatio , this fl_ day of Oe--k?rev, 2023 by Tc,ua		as
   .,....-uiv,  of KL LHB3 AIV, LLC, a Florida limited liability company, for and on behalf of sai entity. He l2l"is personally known or □ produced 	 as identification.

[NOTARY SEAL]

Signature of Notary Public

Printed Name of Notary Public

2
EXHIBIT A

TRACT LSlE, PER THE PLAT FOR RANCHES AT LAKE MCLEOD II, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 198 PAGES 41-44

3

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260100
BK 12896 Pgs 1917-1919 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this /Cf Wday of
Ocra&cfL., 2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter
refened to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter refe1Ted to as "District").

WI TN E S S E T H:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that certain lands lying and being in the County of Polk, State of Florida, being more particularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appurtenances thereunto belonging or in anywise appertaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the property dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:

 IF	
By:
Bi2	
Name: /Y'1't.fA f:..-tl-t>""
Title: A-1;\-th on·"'l:'c:.J  '5!j".a.+b.,

STATE OF  A,.r/uJ!J e;J
COUNTY oF}]WTiapoi
Jiday of	Cf, 2023

The foregoing instrument was acknowledged before me by means of hysical presence o· □ online otarization, t is 11_ day of /Jlt't)b?, 2023 byTr,c (ot	fkc&a as
Lll....:!£!...l."""'-1.4--""+'CJL..U e:	,.,_ of KL LHB3 AIV, LLC, a Florida limited liability company, for and
entity.  He	personally known or D produced	as
identification. [NOTARY SEAL]
Signature of Notary Public

Printed Name of Notary Public

2
EXHIBIT A

TRACT LSlN, PER THE PLAT FOR RANCHES AT LAKE MCLEOD I, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 193 PAGES 32-33

3

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260102
BK 12896 Pgs 1923-1925 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this /ff7tday of Qc..:ro()eJ?...,-2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter referred to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter referred to as "District").

WI TN E S S E TH:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that certain lands lying and being in the County of Polk, State of Florida, being more particularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appurtenances thereunto belonging or in anywise appertaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the property dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:

STATEOF 
coUNTY oC
By:	•
Byd P
Name:Tr,c,·lC Pltl/iln
Title: Ai,t-l-1'l1Jf'1.=ted s YIA,-lc"_J

l1_day of/) cf, 2023

;

The foregoing instrument was acknowledg,ed before me by means of [iyphysical presence online notarization, this IC( day of O(ffl)V? 2023 by Tf1 (,,t:1_ "fbtt-fut)	as
tJY12i		of KL LHB3 AIV, LLC, a Florida limited liability company, for and e is((s personally known or □ produced 	 as
identification. [NOTARY SEAL]

Signature of Notary Public

,

Printed Name of Notary Public
EXHIBIT A

TRACT OS-3, PER THE PLAT FOR RANCHES AT LAKE MCLEOD I, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 193 PAGES 32-33

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260108
BK 12896 Pgs 1941-1943 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this /11rf-day of ()Gf()(lfeoL, 2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter referred to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY
DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter referred to as "District").

WI TN E S S E TH:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that certain lands lying and being in the County of Polk, State of Florida, being more particularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appurtenances thereunto belonging or in anywise appeiiaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the property dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:
By:

BtJ?{J?  Name: ,r1· 1	P	   Title: Aittht>r-•·=t-?4 %r¥t1"1Jtj

J t(_ day of _&f, 2023

STATEOF nc,J
coUNTY

The foregoing instrument was acknowledged before me by means of hY.sical presence online notarizatio	this /t1 day of Ocfr;? , 2023 by-:fr:fl.,fot, fbtJi,n	as
'()(7	-cJ.		of KL LHB3 AIV, LLC, a Florida limited liability company, for and e l!1!""is personally known or □ produced 	 as
identification. [NOTARY SEAL]
Signature of Notary Public

	!Iv  
Printed Name of Notary Public
EXHIBIT A

TRACT OS-4, PER THE PLAT FOR RANCHES AT LAKE MCLEOD I, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 193 PAGES 32-33

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260101
BK 12896 Pgs 1920-1922 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this /Cf.11tday of
  (!,?}L.., 2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter referred to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter referred to as "District").

WI TN E S S E T H:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that certain lands lying and being in the County of Polk, State of Florida, being more particularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the apputienances thereunto belonging or in anywise appetiaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the propetiy dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:

       -¥1-day ofrl.i.b 2023
STATEOF  !I	
COUNTYOFtfl3

[NOTARY SEAL]

Signature of Notary Public

Printed Name of Notary Public
EXHIBIT A

TRACT OS2E, PER THE PLAT FOR RANCHES AT LAKE MCLEOD II, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 198 PAGES 41-44

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260107
BK 12896 Pgs 1938-1940 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this day of
{k;n(}cg,..2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter referred to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter referred to as "District").

WI TN E S S E TH:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that ce1iain lands lying and being in the County of Polk, State of Florida, being more particularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appmienances thereunto belonging or in anywise appertaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the property dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:

STATE OF /k,t,c(l?
COUNTY OFNldit{o{2Cf
By:

Name:Jr,c / 4 f4-tfvn
Title: /.Ju.-tJ,wyi°:i«/ Sjfl1t-"Wry

Ji day of ocr,2023

The foregoing instrument was acknowl:?ed before me by means o ysical presence
)if} nline notarization, this N day of 0dt)W ' 2023 byrrtllti\ fciftct1  as 1Wl!!lft2ed · nd/JiV. off9., LHB3 AIV, LLC, a Florida limited liability company, for and on behalf of sa·a entity. He M"'is personally known or□ produced 	 as
identification. [NOTARY SEAL]
Signature of Notary Public

Printed Name of Notary Public
EXHIBIT A

TRACT OS3E, PER THE PLAT FOR RANCHES AT LAKE MCLEOD II, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 198 PAGES 41-44

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260103
BK 12896 Pgs 1926-1928 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this /fTH-day of
 d?---, 2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter referred to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY
DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter refeffed to as "District").

W I TN E S S E TH:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that certain lands lying and being in the County of Polk, State of Florida, being more particularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appmienances thereunto belonging or in anywise appe1iaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the property dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:

[NOTARY SEAL]

By:
Bd! f
Name:Jr1'ti·A. {Jatft)l-.
Title:AW--hf> VI '=ru/ 5

_l1ctay of _M, 2023

Signature ofNotaiy Public

Printed Name of Notaiy Public
EXHIBIT A

TRACT P4E, PER THE PLAT FOR RANCHES AT LAKE MCLEOD II, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 198 PAGES 41-44

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260104
BK 12896 Pgs 1929-1931 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this l![!J!day of t)t1CVbfi=. 2023, by KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter referred to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter referred to as ''District").

W I TN E S S E TH:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that ce1iain lands lying and being in the County of Polk, State of Florida, being more particularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appmienances thereunto belonging or in anywise appe1iaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the property dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Fl01ida limited liability company Witnesses:

       11 day of /)pf, 2023

The foregoing instrument was acknowledged before me by means ofifphy resence or □ online notarizatio '  this li	day of Ock	' 2023 byT()C,/ Ol	ft{	as
ofl\l, LHB3 AIV, LLC, a Florida limited liability company, for and He l!!l'is personally known or □ produced 	 as
identification.
[NOTARY SEAL]	r1  fhtf:
Signature of Notary Public

Printed Name of Notary Public

2
EXHIBIT A

TRACT RlE, PER THE PLAT FOR RANCHES AT LAKE MCLEOD II, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 198 PAGES 41-44

3

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 N. Woodland Boulevard DeLand, FL 32720
INSTR # 2023260105
BK 12896 Pgs 1932-1934 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00
DEED DOC 0.70

DEED OF DEDICATION

THIS DEED OF DEDICATION (the "Dedication") is made and executed this /'(71f- day of Qqo4, 023,KL LHB3 AIV, LLC, a Florida limited liability company (hereinafter referred to as "Dedicator"), to the RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT
DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes (hereinafter referred to as "District").

WITNESS ETH:

That the Dedicator, for and in consideration of the sum of Ten and 00/100 Dollars ($10.00) and other valuable considerations, the receipt and sufficiency of which is hereby acknowledged, by these presents does hereby dedicate, unto the District, its successors, heirs and assigns forever, for the purposes of maintaining a public right of way and associated improvements, all that ce1iain lands lying and being in the County of Polk, State of Florida, being more paiiicularly described as follows:

See attached Exhibit "A"

TO HAVE AND TO HOLD the same together with all and singular the appmienances thereunto belonging or in anywise appe1iaining, and all of the estate, right, title, interest, lien, equity, and claim whatsoever of the Dedicator, either in law or equity forever.

DISTRICT, by accepting this Dedication, obligates itself to forever preserve and use the prope1iy dedicated herein for the purpose listed above.

1
IN WITNESS WHEREOF, the Dedicator has caused this DEED OF DEDICATION to be executed as of the day and year first above written.

KL LHB3 AIV, LLC a Florida limited liability company Witnesses:

[NOTARY SEAL]
By:

By	{JCl,PCifk, Name: r;.,·G, Pati-ok
Title:If "'1-AIJ f 1·9:4 5j11.A- Tl-7

J!Lday of /Jtf", 2023

Signature of Notary Public

  f}aI'oan	fhIf-	
Printed Name of Notary Public
EXHIBIT A

TRACT RlN, PER THE PLAT FOR RANCHES AT LAKE MCLEOD I, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 193 PAGES 32-33

This Instrument Prepared By: Mark A. Watts, Esquire CobbCole
231 North Woodland Boulevard DeLand, FL 32720
INSTR # 2023260106
BK 12896 Pgs 1935-1937 PG(s)3 11/02/202311:14:15AM
STACY M. BUTTERFIELD,
CLERK OF COURT POLK COUNTY RECORDING FEES 27.00

BILL OF SALE

KNOW ALL MEN BY THESE PRESENTS KL LHB3 AIV, LLC does hereby sell,
convey, and transfer to RANCHES AT LAKE MCLEOD COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes, (hereinafter referred to as the "District" or "Dedicatee") all its right, title, and interest in and to the following public improvements, to have and to hold by Dedicatee, its successors, and its assigns forever (the "Public Improvements"):

SEE EXHIBIT "A" ATTACHED HERETO AND INCORPORATED HEREIN.

Dedicator covenants that it is the lawful owner of said Public Improvements; that said Public Improvements are free from all liens and encumbrances of whatever kind and character; and that it will warrant and defend the title to said Public Improvements against all lawful claims and demands of all persons.

Dedicator represents that the Public Improvements transferred to the District have a cost of at least $358,082.00 and are being transferred to the District in accordance with the terms of the Acquisition Agreement between Dedicator and District.

[Remainder of page intentionally left blank. Signature and notary pages to follow.]
{)	 W11NESS WHEREOF, Dedicator has executed these presents this 1£l day of
,2023.

KL LHB3 AIV, LLC a Florida Limited Liability Company

Witnesses:

Prmt Name: ..M..--=--= --'-'--'-La,f----lPJ2, ._..._._c...,r:.	
.
By	 Name: Trt'ct? Pat/r:J?,
Title: 1,1-th1>r1 '"T:el SiJMiv

P	'-\

[NOTARY SEAL]	 t/,,11:	
Signature of Notary Public

Ah-frnn  I-Iv II-
Printed Name of Notary Public

- 2 -
EXHIBIT A

LIFT STATION INFRASTRUCTURE LOCATED ON TRACT LSlN, PER THE PLAT FOR RANCHES AT LAKE MCLEOD I, AS RECORDED IN THE OFFICIAL RECORDS OF POLK COUNTY, FLORIDA AT PLAT BOOK 193 PAGE 33

LIFT STATION INFRASTRUCTURE IMPROVEMENT COSTS

Total Cost (lift station only)	$358,082.00

- 3 -

Section VIII

Section C
Ranches at Lake McLeod CDD
Field Management Report

Ranches at Lake McLeod CDD Field Management Report | GMS 2023
Tree Replacement

Ranches CDD FMR oct 2023.docx
Ranches CDD FMR oct 2023.docx

Sod Installation

Ranches at Lake McLeod CDD Field Management Report | GMS 2023

Ranches at Lake McLeod CDD Field Management Report | GMS 2023

Section D

Section 1

Summary of Check Register

October 1, 2023 to December 5, 2023

General Fund

11/2/23	8-16
11/8/23	17

$	51,900.47
$	175.00

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
11/02/23 00019 10/05/23 16679	202310 320-53800-47000	*	125.00
LAKE MAINTENANCE-OCT23
AQUATIC WEED MANAGEMENT, INC	125.00 000008
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/02/23 00005	8/25/23 22040009 202308 310-51300-31100	*	785.00
ENGINEERING SVCS-AUG23
9/29/23 22040009 202309 310-51300-31100	*	1,262.50
ENGINEERING SVCS-SEP23
CONNELLY & WICKER INC.	2,047.50 000009
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/02/23 00002	9/25/23 20201	202310 310-51300-45000	*	5,590.00
INSURANCE RENEWAL-FY24
9/25/23 20201	202310 310-51300-45000	*	2,928.00
PROPERTY INSURANCE-FY24
EGIS INSURANCE ADVISORS	8,518.00 000010
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/02/23 00017	9/15/23 18001	202308 320-53800-46200	*	2,750.00
LAKE MAINTENANCE-AUG23
9/15/23 18001-B	202309 320-53800-46200	*	2,950.00 LANDSCAPE MAINT-SEP23
9/29/23 18022	202310 320-53800-46200	*	2,950.00
LANDSCAPE MAINT-OCT23
FRANK POLLY SOD, INC	8,650.00 000011
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/02/23 00007	7/31/23 00057485 202307 310-51300-48000	*	2,933.52
NOT OF FY24 BUDGET
8/31/23 00058161 202308 310-51300-48000	*	2,933.52
NOT OF FY24 BUDGET
9/30/23 00059105 202309 310-51300-48000	*	364.04
NOTICE/MEETING FY2024
CA FLORIDA HOLDINGS LLC	6,231.08 000012
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/02/23 99999 11/02/23 VOID	202311 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 000013
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/02/23 99999 11/02/23 VOID	202311 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 000014
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/02/23 00013	7/01/23 4	202307 310-51300-34000	*	3,333.33
MANAGEMENT FEES-JUL23
7/01/23 4	202307 310-51300-35200	*	100.00
WEBSITE MANAGEMENT-JUL23
7/01/23 4	202307 310-51300-35100	*	150.00
INFORMATION TECH-JUL23
RALM RANCHES AT	KCOSTA
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/01/23 4	202307 310-51300-31300	*	416.67
DISSEMINATION SVCS-JUL23
7/01/23 4	202307 310-51300-51000	*	2.56
OFFICE SUPPLIES
7/01/23 4	202307 310-51300-42000	*	1.47
POSTAGE
8/01/23 5	202308 310-51300-34000	*	3,333.33
MANAGEMENT FEES-AUG23
8/01/23 5	202308 310-51300-35200	*	100.00
WEBSITE MANAGEMENT-AUG23
8/01/23 5	202308 310-51300-35100	*	150.00
INFORMATION TECH-AUG23
8/01/23 5	202308 310-51300-31300	*	416.67
DISSEMINATION SVCS-AUG23
8/01/23 5	202308 310-51300-42000	*	117.62
POSTAGE
8/01/23 5	202308 310-51300-51000	*	63.23
POSTAGE-SIMPLE STAMPS 7/2
8/01/23 6	202308 320-53800-12000	*	625.00
FIELD MANAGEMENT-AUG23
9/01/23 7	202309 310-51300-34000	*	3,333.33
MANAGEMENT FEES-SEP23
9/01/23 7	202309 310-51300-35200	*	100.00
WEBSITE MANAGEMENT-SEP23
9/01/23 7	202309 310-51300-35100	*	150.00
INFORMATION TECH-SEP23
9/01/23 7	202309 310-51300-31300	*	416.67
DISSEMINATION SVCS-SEP23
9/01/23 7	202309 310-51300-51000	*	2.68
OFFICE SUPPLIES
9/01/23 7	202309 310-51300-42000	*	3.49
POSTAGE
9/01/23 8	202309 320-53800-12000	*	625.00
FIELD MANAGEMENT-SEP23
9/30/23 11	202310 310-51300-31400	*	6,500.00
ASSESSMENT ROLL-FY24
10/01/23 10	202310 320-53800-12000	*	625.00
FIELD MANAGEMENT-OCT23
10/01/23 9	202310 310-51300-34000	*	3,333.33
MANAGEMENT FEES-OCT23
10/01/23 9	202310 310-51300-35200	*	100.00
WEBSITE MANAGEMENT-OCT23
10/01/23 9	202310 310-51300-35100	*	150.00
INFORMATION TECH-OCT23
10/01/23 9	202310 310-51300-31300	*	416.67
DISSEMINATION SVCS-OCT23
RALM RANCHES AT	KCOSTA
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/01/23 9	202310 310-51300-51000	*	2.53
OFFICE SUPPLIES
10/01/23 9	202310 310-51300-42000	*	10.31
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES-	24,578.89 000015
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/02/23 00014	7/24/23 895	202307 310-51300-35200	*	1,750.00
WEBSITE REBUILD
REALIGN WEB DESIGN	1,750.00 000016
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/08/23 00001 10/02/23 89408	202310 310-51300-54000	*	175.00
SPECIAL DISTRICT FEE-FY24
DEPARTMENT OF ECONOMIC OPPORTUNITY	175.00 000017
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	52,075.47
TOTAL FOR REGISTER	52,075.47

RALM RANCHES AT	KCOSTA

Section 2

Ranches at Lake McLeod
Community Development District

Unaudited Financial Reporting
October 31, 2023

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund - Series 2023	

5	
	Capital Projects Fund - Series 2023	

6-7	
	Month to Month	

8	
	Assessment Receipt Schedule	

9	
	Long Term Debt Report	
Combined Balance Sheet October 31, 2023

Assets:
Assessment Receivable	
$	-	
$	140,260	
$	
-	
$	140,260	
Cash Investments:
Series 2023	$	85,413	$	-	$	-	$	85,413	
Construction	$	-	$	-	$	5,164,372	$	5,164,372		
Cost of Issuance	$	-	$	-	$	102	$	102		
Reserve	$	-	$	193,882	$	-	$	193,882		
Total Assets	$	85,413	$	334,142	$	5,164,474	$	5,584,029		
Liabilities:						
Accounts Payable	$	52,355	$	-	$	-	$	52,355				

Total Liabilites	
$	52,355	
$	-	$	-	$	52,355				
Fund Balance: Restricted for: Debt Service	

$	-	

$	334,142	$	-	$	334,142				

	Adopted	Prorated Budget	Actual		
	Budget	Thru 10/31/23	Thru 10/31/23	Variance	

Revenues:					
Assessments - Tax Roll	$	358,744	$	-	$	-	$	-	
Assessments - Direct	$	81,950	$	40,975	$	40,975	$	-	
Developer Contributions	$	-	$	-	$	8,518	$	8,518	
Total Revenues	$	440,694	$	40,975	$	49,493	$	8,518	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	1,000	$	-	$	1,000	
FICA Expense	$	918	$	77	$	-	$	77	
Engineering	$	15,000	$	1,250	$	280	$	970	
Attorney	$	15,000	$	1,250	$	-	$	1,250	
Annual Audit	$	5,000	$	-	$	-	$	-	
Assessment Administration	$	6,500	$	6,500	$	6,500	$	-	
Arbitrage	$	500	$	-	$	-	$	-	
Dissemination	$	5,000	$	417	$	417	$	(0)	
Trustee Fees	$	4,020	$	-	$	-	$	-	
Management Fees	$	40,000	$	3,333	$	3,333	$	0	
Information Technology	$	1,800	$	150	$	150	$	-	
Website Maintenance	$	1,200	$	100	$	100	$	-	
Postage & Delivery	$	1,000	$	83	$	10	$	73	
Insurance	$	6,181	$	6,181	$	5,590	$	591	
Copies	$	500	$	42	$	-	$	42	
Legal Advertising	$	7,500	$	625	$	-	$	625	
Other Current Charges	$	2,500	$	208	$	8	$	200	
Office Supplies	$	500	$	42	$	3	$	39	
Dues, Licenses & Subscriptions	$	175	$	-	$	175	$	(175)	
Total General & Administrative	$	125,294	$	21,258	$	16,566	$	4,692	

	Adopted	Prorated Budget	Actual		
	Budget	Thru 10/31/23	Thru 10/31/23	Variance	

Operations & Maintenance					
Field Expenditures
Property Insurance	
$	5,000	
$	5,000	
$	2,928	
$	2,072	
Field Management	$	7,500	$	625	$	625	$	-	
Landscape Maintenance	$	95,000	$	7,917	$	2,950	$	4,967	
Landscape Replacement	$	30,000	$	2,500	$	-	$	2,500	
Lake Maintenance	$	16,800	$	1,400	$	125	$	1,275	
Streetlights	$	48,600	$	4,050	$	-	$	4,050	
Electric	$	5,000	$	417	$	-	$	417	
Water & Sewer	$	5,000	$	417	$	-	$	417	
Irrigation Repairs	$	10,000	$	833	$	-	$	833	
Sidewalk & Asphalt Maintenance	$	5,000	$	417	$	-	$	417	
General Repairs & Maintenance	$	20,000	$	1,667	$	-	$	1,667	
Holiday Decorations	$	2,500	$	-	$	-	$	-	
Contingency	$	15,000	$	1,250	$	-	$	1,250	
Total Operations & Maintenance	$	265,400	$	26,492	$	6,628	$	19,864	

Other Expenditures
Capital Reserve - Transfer	

$	50,000	

$	-	

$	-	

$	-	
Total Expenditures	$	440,694	$	47,749	$	23,194	$	24,555	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	26,299		
					
Fund Balance - Beginning	$	-		$	6,759		
					
Fund Balance - Ending	$	-		$	33,058		

Revenues					
Assessments	$	382,769	$	-	$	-	$	-	
Interest	$	-	$	-	$	848	$	848	
Total Revenues	$	382,769	$	-	$	848	$	848	

Expenditures					
Interest - 12/15	$	140,260	$	-	$	-	$	-	
Prinicpal - 6/15	$	80,000	$	-	$	-	$	-	
Interest - 6/15	$	150,278	$	-	$	-	$	-	
Total Expenditures	$	370,538	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	12,231		$	848		
					
Fund Balance - Beginning	$	140,260		$	333,294		
					
Fund Balance - Ending	$	152,491		$	334,142		

Revenues

Interest	

$	

-	$	

-	$	22,671	

$	22,671	
Total Revenues	$	-	$	-	$	22,671	$	22,671	

Expenditures

Capital Outlay	

$	

-	$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	22,671		
					
Fund Balance - Beginning	$	-	$	5,141,803		
					
Fund Balance - Ending	$	-	$	5,164,474		

	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	

Revenues:														

Assessments - Tax Roll	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
$	-	
Assessments - Direct	$	40,975	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	40,975	
Developer Contributions	$	8,518	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	8,518	
Total Revenues	$	49,493	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	49,493	

Expenditures:			
General & Administrative:			
Supervisor Fees	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
FICA Expense	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Engineering	$	280	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	280	
Attorney	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Annual Audit	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Assessment Administration	$	6,500	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,500	
Arbitrage	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Dissemination	$	417	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	417	
Trustee Fees	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Management Fees	$	3,333	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3,333	
Information Technology	$	150	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	150	
Website Maintenance	$	100	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	100	
Postage & Delivery	$	10	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	10	
Insurance	$	5,590	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,590	
Copies	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Legal Advertising	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Other Current Charges	$	8	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	8	
Office Supplies	$	3	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	3	
Dues, Licenses & Subscriptions	$	175	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative	$	16,566	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	16,566	

Operations & Maintenance

Field Expenditures Property Insurance Field Management Landscape Maintenance Landscape Replacement Lake Maintenance Streetlights
Electric
Water & Sewer Irrigation Repairs
General Repairs & Maintenance Holiday Decorations Contingency

$	2,928  $
$	625  $
$	2,950  $
$	-  $
$	125  $
$	-  $
$	-  $
$	-  $
$	-  $
$	-  $
$	-  $
$	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	2,928
-  $	625
-  $	2,950
-  $	-
-  $	125
-  $	-
-  $	-
-  $	-
-  $	-
-  $	-
-  $	-
-  $	-

Ranches At Lake Mcleod
Community Development District Special Assessment Receipts Fiscal Year 2024

ON ROLL ASSESSMENTS
Gross Assessments $	385,746.46	$	411,580.56	$  797,327.02	
Net Assessments	$	358,744.21	$	382,769.92	$  741,514.13	
	48%	52%	100%	

Date	Distribution	Gross Amount	Discount/Penalty	Commision	Interest	Net Receipts	General Fund	Debt Service	Total	
$	-	$	-	$	-	$	-						
$	-	$	-	$	-	$	-						
$	-	$	-	$	-	$	-						
$	-	$	-	$	-	$	-						
$	-	$	-	$	-	$	-						
$	-	$	-	$	-	$	-						
$	-	$	-	$	-	$	-						
$	-	$	-	$	-	$	-						
$	-	$	-	$	-	$	-						
Total	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	

$	-
$ 741,514.13
Net Percentage Collected Balance Remaining To Collect

DIRECT BILL ASSESSMENTS

Lennar Homes, LLC
2024-01		
Net Assessments	
$	81,949.79	
$	81,949.79		
Date Received	Due Date	Check Number	Net Assessed	Amount Received	General Fund	
10/31/23	10/1/23	2118934	$	40,974.90	$	40,974.90	$	40,974.90	
	2/1/24		$	20,487.45			
	5/1/24		$	20,487.45			
			$	81,949.80	$	40,974.90	$	40,974.90	
Ranches at Lake McLeod
Community Development District Long Term Debt Report

Series 2023, Special Assessment Revenue Bonds		
Interest Rate:	4.625%, 5.250%, 5.500%	
Maturity Date:	6/15/2053	
Reserve Fund Definition	50% Maximum Annual Debt Service	
Reserve Fund Requirement	$191,384	
Reserve Fund Balance	$193,882	
Bonds Outstanding - 6/27/23	$5,665,000	
Current Bonds Outstanding	$5,665,000