Sanctuary Cove Community Development District
12051 Corporate Boulevard, Orlando, FL 32817
Phone 407-723-5900; Fax 407-723-5901
http://sanctuarycovecdd.com/

The following is the proposed agenda for the upcoming Meeting of the Board of Supervisors for the Sanctuary Cove Community Development District which will be held Tuesday, May 11, 2021 at 11:30
a.m. at the Sanctuary Cove Clubhouse located at 1899 5th Street East, Palmetto, FL 34221. The proposed agenda for this Board Meeting is found below.

Please use the following information to join the telephonic conferencing:

Phone:	1-844-621-3956	Participant Code:	796 580 192#

BOARD OF SUPERVISORS’ MEETING

Organizational Matters
Call to Order
Roll Call to Confirm a Quorum
Public Comment Period
Swearing in Newly Elected Supervisors (Patsy, Jay and Linda)
Consideration of Minutes of the August 11, 2020 Board of Supervisors’ Meeting (provided under separate cover)
Consideration of Minutes of the November 10, 2020 Landowners’ Election Meeting
Letter from Supervisor of Elections – Manatee County
Consideration of Resolution 2021-01, Certifying Results of the Landowners’ Election
Consideration of Resolution 2021-02, Election of Officers

Business Matters
Consideration of Resolution 2021-03, Approving a Preliminary Budget for Fiscal Year 2022 & Setting a Public Hearing Date [suggested date of August 10, 2021]
Appointment of Auditor Selection Committee
Consideration of Amendment to Website Requirements
Consideration of Resolution 2021-04, Regarding Intention to Finance Prior Acquisition
(provided under separate cover)
Consideration of Engineer’s Report and Status of Future Project Financing (provided under separate cover)
Consideration of Termination of Underwriter Services with Banc of America Securities
Consideration of Underwriter Agreement with MBS Capital Markets, LLC
Ratification of Conflict Waiver Letter with GreenbergTraurig
Ratification of the E-Verify Memorandum of Understanding
Ratification of Letter from Hopping Green & Sams – Fee Increase
Ratification of FY 2020 Funding Request – 4th Quarter #1 Revised, #2 & #3
Ratification of FY 2021 Funding Request – 1st Quarter #1 – 5, 2nd Quarter #1 – 3 and 3rd Quarter #1

Review of District’s Financial Position and Budget to Actual Year to Date

Other Business
Staff Reports
District Counsel
District Manager
District Engineer
Audience Comments
Supervisors Requests

Adjournment

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

Oath of Office

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT
BOARD OF SUPERVISORS

OATH OF OFFICE

I,	, A CITIZEN OF THE STATE OF FLORIDA AND OF THE UNITED STATES OF AMERICA, AND BEING EMPLOYED BY OR AN OFFICER OF SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT AND A RECIPIENT OF PUBLIC FUNDS AS SUCH EMPLOYEE OR OFFICER, DO HEREBY SOLEMNLY SWEAR OR AFFIRM THAT I WILL SUPPORT THE CONSTITUTION OF THE UNITED STATES AND OF THE STATE OF FLORIDA.

Board Supervisor

ACKNOWLEDGMENT OF OATH BEING TAKEN

STATE OF FLORIDA COUNTY OF MANATEE

The foregoing oath was administered before me this	day of	, 2021, by	, who personally appeared before me, and is [ ] personally known to me or has produced			as identification, and is the person described in and who took the aforementioned oath as a Member of the Board of Supervisors of Sanctuary Cove Community Development District and acknowledged to and before me that he/she took said oath for the purposes therein expressed.

(NOTARY SEAL)

Notary Public, State of Florida

Print Name:  	

Commission No.:	Expires:  	

Minutes of the August 11, 2020 Board of Supervisors’ Meeting

Minutes of the November 10, 2020 Landowners’ Election Meeting

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT LANDOWNER’S MEETING MINUTES

The Landowners Election of the Sanctuary Cove Community Development District was held on Tuesday, November 10, 2020 at 11:30 a.m. at the Sanctuary Cove Clubhouse located at 1899 5th Street East, Palmetto, FL 34221

Present:

Lynne Mullins	Proxy Holder
Michael Eckert	Hopping Green & Sams, P.A.

FIRST ORDER OF BUSINESS	Call to Order and Roll Call

The meeting was called to order at 11:30 a.m.

SECOND ORDER OF BUSINESS	Appointment	of	Meeting Chairman

Ms. Mullins, the District Manager, served as Chairman of the meeting.

THIRD ORDER OF BUSINESS		Identification		of Landowners	and/or
Landowner’s	Proxy Holder(s)

Ms. Mullins is the authorized proxy holder for the Sanctuary Cove Bradenton ASLI VI LLP which allows for 288 votes.

FOURTH ORDER OF BUSINESS	Call	for	Nominations, Election of Supervisors

Ms. Mullins noted that there are three seats up for election – Seat #1, Seat #2 and Seat #5. Ms. Mullins nominated Patricia Vanderveer, Jay Diceglie, and Linda Svenson. There were no other nominations.
Ms. Mullins cast her votes as per the Official Ballot:

Seat 1 – Patricia Vanderveer – 288 Votes
Seat 2 – Jay Diceglie – 286 Votes
Seat 5 – Linda Svenson – 288 Votes

Ms. Mullins stated that the two candidates receiving the highest number of votes, Ms. Vanderveer and Ms. Svenson, will serve four-year terms of office and the one candidate receiving the next highest number of votes, Mr. Diceglie, will serve a two-year term.

FIFTH ORDER OF BUSINESS	Adjournment

The Landowner’s Election was adjourned.

Secretary/Assistant Secretary	Chair/Vice Chair

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

Letter from Supervisor of Elections – Manatee County

MICHAEL BENNETT • SUPERVISOR OF ELECTIONS • MANATEE COUNTY
600 301 Boulevard West, Suite 108, Bradenton, Florida 34205-7946
PO Box 1000, Bradenton, Florida 34206-1000

Phone: 941-741-3823 • Fax: 941-741-3820 • VoteManatee.com • Info@VoteManatee.com

April 20, 2021

Sanctuary Cove Community Development District PFM Group Consulting, LLC
Attn: Jennifer Walden 12051 Corporate Blvd
Orlando FL 32817

Dear Ms. Walden:

We are in receipt of your request for the number of registered voters in the Sanctuary Cove Community Development District of April 15, 2021. According to our records, there were 175 persons registered in the Sanctuary Cove Community Development District as of that date.

I hope this information is helpful to you. If I can be of any further assistance to you, please do not hesitate to contact my office at your earliest convenience.

Sincerely,

Michael Bennett Supervisor of Elections

MB/sas

'PJUJteat4e

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

Resolution 2021-01,
Certifying Results of the Landowners’ Election

RESOLUTION 2021-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT CANVASSING AND CERTIFYING THE RESULTS OF THE LANDOWNERS ELECTION OF SUPERVISORS HELD PURSUANT TO SECTION 190.006(2), FLORIDA STATUTES, AND PROVIDING FOR AN EFFECTIVE DATE

WHEREAS, the Sanctuary Cove 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 entirely within Manatee County, Florida; and

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

WHEREAS, such landowners meeting was held on November 10, 2020, the Minutes of which are attached hereto as Exhibit A, 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, desire to canvas the votes and declare and certify the results of said election.

NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT:

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

Patricia Vanderveer	Seat 1	Votes 288	
Jay Diceglie	Seat 2	Votes 286	
Linda Svenson	Seat 5	Votes 288	

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 person is declared to have been elected for the following term of office:

Patsy Vanderveer	(4) Year Term
Linda Svenson	(4) Year Term
Jay Diceglie	(2) Year Term

Section 3. This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 11th DAY OF MAY 2021.

Attest:

Sanctuary Cove Community Development District

 	
Secretary/Assistant Secretary	Chairman/Vice Chairman

EXHIBIT A

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

Resolution 2021-02, Election of Officers

RESOLUTION 2021-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE

WHEREAS, the SANCTUARY COVE COMMUNITY   DEVELOPMENT
DISTRICT (hereinafter the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors of the District desires to elect the Officers of the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT:

Section 1.	 	 is elected Chair.

Section 2.	 	 is elected Vice Chair. Section 3.	 	 is elected Secretary.
 	 is elected Assistant Secretary.

 	 is elected Assistant Secretary.

 	 is elected Assistant Secretary.

 	 is elected Assistant Secretary.

Section 4.	 	 is elected Treasurer.

Section 5.	 	 is elected as Assistant Treasurer.

Section 6.	All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict.

Section 7.	This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 11TH DAY of MAY, 2021.

SANCTUARY	COVE COMMUNITY DEVELOPMENT DISTRICT

ATTEST:

Secretary/Assistant Secretary	Chair/Vice-Chair

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

Resolution 2021-03,
Approving a Preliminary Budget for Fiscal Year 2022 & Setting a Public Hearing Date

RESOLUTION 2021-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2021/2022 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Sanctuary Cove Community Development District (“District”) prior to June 15, 2021, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2021 and ending September 30, 2022 (“Fiscal Year 2021/2022”); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2021/2022 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	August 10, 2021

HOUR:	11:30 a.m.

LOCATION:	Sanctuary Cove Clubhouse
1899 5th Street East Palmetto, FL 34221

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to the City of Palmetto and Manatee County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 11th DAY OF MAY, 2021.

ATTEST:	SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairman/Vice Chairman

Exhibit A
Sanctuary Cove Community Development District
FY 2022 Proposed Preliminary O&M Budget

Year To Date

Actual through 3/31/2021

Anticipated 4/2021-9/2021

Anticipated FY 2021 Totals

FY 2021
Adopted Budget

FY 2022
Proposed Budget

FY 2022
Proposed Budget(with bond issue)

Revenues
Developer Contributions
Net Revenues

General & Administrative Expenses

 	$9,323.34	$14,433.66	$23,757.00	$24,525.00	$25,800.00	$71,225.00
$9,323.34	$14,433.66	$23,757.00	$24,525.00	$25,800.00	$71,225.00

D&O Insurance	$2,882.00	$0.00	$2,882.00	$3,200.00	$3,400.00	$	3,400.00	
General Insurance	$0.00	$0.00	$0.00	$0.00	$0.00	$	3,200.00	
Management	1,500.00	1,500.00	3,000.00	3,000.00	3,000.00	10,000.00	
Engineering	0.00	800.00	800.00	800.00	800.00	2,000.00	
District Counsel	3,403.43	5,096.57	8,500.00	8,500.00	8,500.00	12,000.00	
Trustee Services	0.00	0.00	0.00	0.00	0.00	6,000.00	
Assessment Administration	0.00	0.00	0.00	0.00	0.00	7,500.00	
Dissemination Agent	0.00	0.00	0.00	0.00	0.00	5,000.00	
Re-amortization Schedule	0.00	0.00	0.00	0.00	0.00	125.00	
Audit	0.00	2,600.00	2,600.00	3,000.00	3,200.00	6,400.00	
Telephone	0.00	50.00	50.00	50.00	50.00	50.00	
Postage & Shipping	9.25	90.75	100.00	100.00	100.00	200.00	
Copies	0.00	50.00	50.00	100.00	100.00	200.00	
Bank Fees	0.00	0.00	0.00	0.00	50.00	50.00	
Office Supplies	0.00	0.00	0.00	0.00	125.00	125.00	
Legal Advertising	372.06	627.94	1,000.00	1,000.00	1,500.00	10,000.00	
Contingency	182.10	2,017.90	2,200.00	2,200.00	2,200.00	2,200.00	
Web Site Maintenance	800.00	1,600.00	2,400.00	2,400.00	2,600.00	2,600.00	
Dues, Licenses, and Fees	 	175.00	 	0.00	 	175.00	 	175.00	 	175.00	 	175.00	
Total General & Administrative Expenses	$9,323.84	$14,433.16	$23,757.00	$24,525.00	$25,800.00	$ 71,225.00	
Total Expenses	 	$9,323.84	 	$14,433.16	 	$23,757.00	 	$24,525.00	 	$25,800.00	 	$71,225.00	

Net Income (Loss)	 	($0.50)	$0.50	$0.00	$0.00	$0.00	$0.00

Revenues:
Developer Contributions:
Funding from the developer.

General & Administrative Expenses:

D&O Insurance:

Supervisors' and Officers' liability insurance.

Management:

The District receives Management and Administrative services as part of a Management Agreement with PFM Group Consulting, LLC. These Services are further outlined in Exhibit "A" of the Management Agreement.

Engineering:

The District’s engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of invoices, and all other engineering services as requested by the District throughout the year.

District Counsel:

The District's legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts, and all other legal services as requested by the District throughout the year.

Audit:

Chapter 218 of the Florida Statutes requires a District to conduct an annual financial audit by an Independent Certified Public Accounting firm. Some exceptions apply.

Telephone:

Telephone and fax machine services.

Postage & Shipping:

Mail, overnight deliveries, correspondence, etc.

Copies:

Printing and binding Board agenda packages, letterhead, envelopes, and copies.

Legal Advertising:

The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to monthly meetings, special meetings, and public hearings for the District.

Contingency:

Other administrative and grounds expenses incurred throughout the year.

Website Maintenance:

Website maintenance fee.

Dues, Licenses, and Fees:

The District is required to pay an annual fee to the Department of Economic Opportunity.

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

Amendment to Website Requirements

MEMORANDUM
TO:	District Manager
FROM:	HGS Attorney
DATE:	July 1, 2020
RE:	Amendments to Section 189.069(2)(a), Florida Statutes

The Florida Legislature recently enacted amendments to the website requirements contained in Section 189.069(2)(a), Florida Statues, effective July 1, 2020. The full text of these amendments is attached to this memorandum as Exhibit A, and the amendments are summarized below:
The requirement to post the final, complete audit report for the most recent completed fiscal year and audit reports required by law or authorized by the governing body of the special district may be satisfied by providing a link to the audit report on the Auditor General’s website.
The public facilities report is no longer required to be posted.
Meeting materials accompanying meeting or workshop agendas are no longer required to be posted. Please note that the agenda itself is still required to be posted.
The amendments do not prevent districts from including these documents on their websites, but districts may remove them if they so choose. We recommend requesting board direction on a district-by-district basis.
Please do not hesitate to contact your HGS attorney at (850) 222-7500 if you have any questions or concerns.

CHAPTER 2020-77

Committee Substitute for Senate Bill No. 1466

An act relating to government accountability; amending s. 189.031, F.S.; specifying conditions under which board members and public employees of special districts do not abuse their public positions; amending s. 189.069, F.S.; revising the list of items required to be included on the websites of special districts; amending s. 190.007, F.S.; specifying conditions under which board members and public employees of community development districts do not abuse their public positions; providing effective dates.

Be It Enacted by the Legislature of the State of Florida:
Section 1. Effective January 1, 2021, subsection (6) is added to section 189.031, Florida Statutes, to read:
189.031 Legislative intent for the creation of independent special districts; special act prohibitions; model elements and other requirements; local general-purpose government/Governor and Cabinet creation author- izations.—
(6) GOVERNANCE.—For purposes of s. 8(h)(2), Art. II of the State Constitution, a board member or a public employee of a special district does not abuse his or her public position if the board member or public employee commits an act or omission that is authorized under s. 112.313(7), (12), (15), or (16) or s. 112.3143(3)(b), and an abuse of a board member’s position does not include any act or omission in connection with a vote when the board member has followed the procedures required by s. 112.3143.
Section 2. Paragraph (a) of subsection (2) of section 189.069, Florida Statutes, is amended to read:
189.069 Special districts; required reporting of information; web-based public access.—
(2)(a) A special district shall post the following information, at a minimum, on the district’s official website:
The full legal name of the special district.
The public purpose of the special district.
The name, official address, official e-mail address, and, if applicable, term and appointing authority for each member of the governing body of the special district.
The fiscal year of the special district.

The full text of the special district’s charter, the date of establishment, the establishing entity, and the statute or statutes under which the special district operates, if different from the statute or statutes under which the special district was established. Community development districts may reference chapter 190 as the uniform charter but must include information relating to any grant of special powers.
The mailing address, e-mail address, telephone number, and website uniform resource locator of the special district.
A description of the boundaries or service area of, and the services provided by, the special district.
A listing of all taxes, fees, assessments, or charges imposed and collected by the special district, including the rates or amounts for the fiscal year and the statutory authority for the levy of the tax, fee, assessment, or charge. For purposes of this subparagraph, charges do not include patient charges by a hospital or other health care provider.
The primary contact information for the special district for purposes of communication from the department.
A code of ethics adopted by the special district, if applicable, and a hyperlink to generally applicable ethics provisions.
The budget of the special district and any amendments thereto in accordance with s. 189.016.
The final, complete audit report for the most recent completed fiscal year and audit reports required by law or authorized by the governing body of the special district. If the special district has submitted its most recent final, complete audit report to the Auditor General, this requirement may be satisfied by providing a link to the audit report on the Auditor General’s website.
A listing of its regularly scheduled public meetings as required by s. 189.015(1).
The public facilities report, if applicable.
The link to the Department of Financial Services’ website as set forth in s. 218.32(1)(g).
15.16. At least 7 days before each meeting or workshop, the agenda of the event, along with any meeting materials available in an electronic format, excluding confidential and exempt information. The information must remain on the website for at least 1 year after the event.
Section 3.	Effective January 1, 2021, subsection (1) of section 190.007, Florida Statutes, is amended to read:

190.007	Board of supervisors; general duties.—
(1) The board shall employ, and fix the compensation of, a district manager. The district manager shall have charge and supervision of the works of the district and shall be responsible for preserving and maintaining any improvement or facility constructed or erected pursuant to the provisions of this act, for maintaining and operating the equipment owned by the district, and for performing such other duties as may be prescribed by the board. It shall not be a conflict of interest under chapter 112 for a board member or the district manager or another employee of the district to be a stockholder, officer, or employee of a landowner or of an entity affiliated with a landowner. The district manager may hire or otherwise employ and terminate the employment of such other persons, including, without limitation, professional, supervisory, and clerical employees, as may be necessary and authorized by the board. The compensation and other conditions of employment of the officers and employees of the district shall be as provided by the board. For purposes of s. 8(h)(2), Art. II of the State Constitution, a board member or a public employee of a district does not abuse his or her public position if the board member or public employee commits an act or omission that is authorized under this subsection, s. 112.313(7), (12), (15), or (16), or s. 112.3143(3)(b), and an abuse of a board member’s public position does not include any act or omission in connection with a vote when the board member has followed the procedures required by s. 112.3143.
Section 4.	Except as otherwise expressly provided in this act, this act shall take effect July 1, 2020.
Approved by the Governor June 23, 2020.
Filed in Office Secretary of State June 23, 2020.

Resolution 2021-04, Resolution Regarding Intention to Finance
Prior Acquisition
(provided under separate cover)

Engineer’s Report and Status of Future Project Financing
(provided under separate cover)

Termination of Underwriter Services with Banc of America Securities

RESOLUTION 2008-06

A RESOLUTION OF THE BOARD OF SUPERVISORS APPOINTING AN INVESTMENT BANKER IN CONTEMPLATION OF THE ISSUANCE OF THE SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT REVENUE BONDS AND AUTHORIZING COMPENSATION THEREOF

WHEREAS, Sanctuary Cove Community Development District (hereinafter the "District") is a local unit of special-purpose government created and existing pursuant to Chapter I90, Florida Statutes, being situated entirely within the City of Palmetto, Florida; and

WHEREAS, the Board of Supervisors of theDistrict (hereinafter the "Board") may contract for the services of consultants to perform planning, engineering, legal or other appropriate services of a professional nature; and

WHEREAS, the Board desires to appoint an Investment Banker to advise it regarding the proposed issuance of Special Assessment Revenue Bonds and other financing methods for District improvements; and

WHEREAS, the Board has determined that the employment of an Investment Banker is necessary.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1. The Board hereby appoints Banc of America Securities, LLC, as Investment Banker of Sanctuary Cove Community Development District and shall be compensated for their services in such capacity in the manner prescribed in the agreement being incorporated herein by reference, as Exhibit A.

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

PASSED AND ADOPTED THIS 31ST DAY OF OCTOBER, 2007.

SANCTUARY COVE
CO•Ml\ {[TY DEVELOPMENT DISTRICT

CHAIRMAN

ATTES .

Banc of America Securities
-

October 17, 2007

Board of Supervisors
Sanctuary Cove Community Development District Attention: District Management Services, LLC

Re: Investment Banking Agreement

Dear Ladies and Gentlemen:

Banc of America Securities  LLC Tax Exempt Real Estate Securities 250 Park Avenue South. Suite 400 Winter Park, FL 32789
407.646.3200 Main
407.646.3040 Fax

This letter is an agreement acknowledging the Sanctuary Cove Community Development District's (the "CDD") desire to work with Banc of America Securities LLC ("BAS") as sole underwriter for its offering of CDD Bonds, BAS has also indicated an interest in working with the  CDD in  such a  capacity.  This letter confirms  the mutual  intention  and agreement of BAS and the CDD to work together with respect to a proposed public offering of tax-exempt bonds (the "Securities").

The services BAS would provide are described in Attachment L The fee to BAS for acting as underwriter would  be 1.5% of the  principal amount of the Securities.   BAS' fee shall be contingent  upon closing of the transaction and shall be paid from proceeds thereof.

We look forward to working with you. If this agreement is acceptable, please acknowledge by signing below and returning a copy to me at the address listed above, If you have any questions or would like additional information, please contact Bob at 407,646.3041 or Jon at 407,646.3072.

VJery,trul yt u...••.'.,,
.•..• •>:JC"'.'    .
ier.\·- ..
.
.

.

Robert C. Burch Managing Director

Jon Kessler Principal

Agreed to and accepted as of the date first above written:

Sanctuary Cove	mmunity Development District

By: Name: Title:

Banc of America Secunties LLC. member NYSEtNASDISIPC 1,: a subsidiary of Bani< of America Corpora1ion

Attachment I

Scope of Services

BAS proposes that its duties, among others, shall include the following:
To assist in the review of and application of the CDD Bonds;
To develop a finance plan with input of and coordination with the District, Developer and the CDD and other financing team members;
To coordinate the financing process;
To review the financing methodology and project feasibility reports as they pertain to the issuance of Securities;
To review additional information as they pertain to the issuance of Securities;
To offer the Securities to investors with the intent to place the Securities with them (Securities which are non-investmentgrade will be shown only to accredited investors); and
To perform other reasonable services as they may become necessary.

Terms and Conditions

Distribution. BAS would endeavor to assure that the underwriting and distribution of the Securities will be made to qualified investors. The public offering price is expected to be based on recent comparable transactions in the market. BAS and the CDD will jointly determine t.he public offering price immediately prior to the start of the order period, based on market conditions then prevailing.

Underwriter's Discount. BAS shall act as sole underwriter for the CDD. The fee to BAS for acting as underwriter would be 1.50% of the principal amount of the Securities. BAS' fee shall be contingent upon closing of the transaction and shall be paid from proceeds thereof.

Underwriting Agreement. The obligations of BAS and those of the CDD and Developer would be subject to the satisfactory completion of BAS' due diligence and to the usual representations, warranties, covenants, conditions, indemnities, provisions respecting contribution, right to jury trial and consent to jurisdiction, process and enforcement of judgements, and provisions respecting its termination contained in the form of an underwriting agreement BAS will prepare and as
generally used in connection with the public offering of securities for this type of transaction.

Costs of Issuance. The CDD shall be responsible for the payment of all third party consultants and attorneys, printing expenses, regulatory fees and filing fees and expenses for qualification under blue sky laws, if necessary. All such aforementioned expenses are intended to be paid from bond
proceeds. However, any such fees not otherwise provided through the transaction will be borne by the District. BAS shall be responsible for the fees and costs associated with preparing the bond offering memorandum.

Banc of America Securities

Attachment I

Assumptions. The proposed terms and statements of intention set forth in this agreement are based on information currently available to BAS about the District, Developer and the securities markets and the assumptions that:

11)	the Developer's financial condition and history shall be substantially as understood, and the financial statements for the relevant and appropriate period ended to be included in the final offering statements will not vary materially from those set forth in the material furnished to BAS;

no adverse developments shall occur which materially and adversely affect the business, financial condition, assets, results of operations or prospects of the Developer or the CDD;

the offering statements will comply with all applicable laws and regulations;

there will not be any unanticipated substantial delays on the part of the Developer or the relevant CDD in completing the transaction;

all conditions to the obligations of BAS to purchase and pay for securities as are customarily included in underwriting agreements for an offering of this type shall be satisfied and no events as are customarily included in such underwriting agreements giving the underwriters the right to terminate the underwriting agreement shall have occurred.

Information; Confidentiality. The CDD agrees to reasonably and actively assist BAS in achieving an underwriting of the Securities that is satisfactory to BAS and the CDD. To assist BAS in the underwriting effort, the CDD will (a) provide and cause the advisors and other team members to provide BAS upon request with all information reasonably deemed necessary by BAS to complete the underwritings or private placements, including but not limited to information and evaluations prepared by the Developer and their advisors and (b) otherwise assist BAS in its underwriting or private placement efforts.

The engagement contemplated hereby and this letter agreement  are solely for the benefit of the the. CDD and BAS, and their respective successors, assigns and representatives, and no other person or entity shall acquire or have any right under or by virtue hereof

Term of Engagement. BAS' engagement will be on an exclusive basis from the date of acceptance of this letter to the completion date of the financing. However, either party has the right to terminate the agreement at any time upon 30 days notice. If the CDD terminates this agreement, the CDD agrees to reimburse BAS for reasonable out-of-pocket expenses including all expenses incurred by third parties hired to assist in the CDD process.

Banc of America Securities	.s::--	2

Attachment I

8.

9.

10.

No Finders. The  CDD represents that it has not incurred any  liability, direct or indirect, for finders' or similar fees on behalf of or payable by the CDD or BAS in connection with this or any other transaction involving the CDD and BAS. The CDD agrees to indemnify BAS from and against any damage or loss arising out of any inaccuracy in the foregoing representation.

Financial Statements. The final offering statement for the Securities may contain financial statements of the Developer and the CDD audited by the Developer's and CDDs' independent accountants as of the most recent year-end audit and covered by an opinion of such firm containing no material qualification. Such requirement may be minimized based on the security features and underwriter's counsel review.

Miscellaneous. Notwithstanding the foregoing, nothing herein shall constitute an agreement to provide a firm commitment underwriting or placement or  arrangement  of any securities by BAS or its affiliates. Any such commitment, placement or arrangement shall only be made as part of an underwriting agreement or purchase agreement at the time of sale of the Securities.

The CDD acknowledges that its rights and obligations under any credit or other agreement with BAS or any of its affiliates that currently or hereafter may exist are, and shall forever be, separate and distinct from the rights and obligations of the parties pursuant to this agreement, and that none of such rights and obligations under such other agreements shall be affected by BAS's perfonnance or lack ofperfonnance of services hereunder.

This agreement contains the entire understanding of the parties relating to the agreement set forth herein and the transactions contemplated hereby, supersedes all prior agreements, understandings and negotiations with respect thereto, and shall be governed by and construed in accordance with the laws of the State of Florida without regard to principles of the conflict of laws. This agreement may be executed in counterparts, each of which shall be an original, but all of such counterparts shall constitute one and the same instrument.

Banc of America Securities	3

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

Underwriter Agreement with MBS Capital Markets, LLC

AGREEMENT FOR UNDERWRITING SERVICES SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

March 2, 2021

Board of Supervisors
Sanctuary Cove Community Development District

Dear Supervisors:

MBS Capital Markets, LLC (the "Underwriter") offers to enter into this agreement (the " Agreement") with the Sanctuary Cove Community Development District (the "District") which, upon your acceptance of this offer, will be binding upon the District and the Underwriter.   The District is proposing to issue one or more series of bonds (the "Bonds") to acquire and/or construct certain public infrastructure improvements for the District, including its Series 2021 Bonds. This Agreement will cover the engagement for the Series 2021 Bonds and will be supple mented for future bond issuances.

Scope of Services: The scope of services to be provided in a non-fiduciary capacity by the Underwriter for this transaction will include those listed below.

Advice regarding the structure, timing, terms, and other similar matters concerning the particular municipal securities described above.
Preparation of rating strategies and presentations related to the issue being underwritten.
Preparations for and assistance with investor "road shows," if any, and investor discussions related to the issue being underwritten.
Advice regarding retail order periods and institutional marketing if the District decides to engage in a negotiated sale.
Assistance in the preparation of the Preliminary Official Statement, if any, and the Final Official Statement.
Assistance with the closing of the issue, including negotiation and discussion with respect to all documents, certificates, and opinions needed for the closing.
Coordination with respect to obtaining CUSIP numbers and the registration with the Depository Trust Company.
Preparation of post-sale reports for the issue, if any.
Structuring	of	refunding	escrow	cash	flow	requirements ,	but	not	the recommendation of and brokerage of particular municipal escrow investments.

Member: FINRA/SIPC

3414 W. BAY To BAY BLVD., UNIT#3 TAMPA, FLORIDA33629 PHONE: 813.281.2700

152 LINCOLN AVENUE
W INTER PARK, FLORIDA 32789 PHONE:407 .62 2.0130

1005 BRADFORD WAY KINGSTON, TENNESSEE37763 PHONE:865.717.0303

Fees: The Underwriter will be responsible for its own out-of-pocket expenses other than the fees and disbursements of underwriter's or disclosure counsel which fees shall be paid from the proceeds of the Bonds. Any fees payable to the Underwriter will be contingent upon the successful sale and delivery or placement of the Bonds. The underwriting fee for the sale or placement of the Bonds will be 2% of the par amount of Bonds issued.

Termination: Both the District and the Underwriter will have the right to terminate this Agreement without cause upon 90 days written notice to the non-terminating party.

Purchase Contract: At or before such time as the District gives its final authorization for the Bonds, the Underwriter and its counsel will deliver to the District a purchase or placement contract (the "Purchase Contract") detailing the terms of the Bonds.

Notice of Meetings: The District shall provide timely notice to the Underwriter for all regular and special meetings of the District.   The District will provide, in writing, to the Unde rwriter, at least one week prior to any meeting, except in the case of an emergency meeting for which the notice time shall be the same as that required by law for the meeting itself, of matters and items for which it desires the Underwriter's input.

Disclosures Concerning the Underwriter's Role Required by MSRB Rule G-17. The Municipal Securities Rulemaking Board' s Rule G-17 requires underwriters to make certain disclosures to issuers in connection with the issuance of municipal securities. Those disclosures are attached hereto as " Exhibit A." By execution of this Agreement, you are acknowledging receipt of the same.

This Agreement shall be effective upon your acceptance hereof and shall remain effective until such time as the Agreement has been terminated in accordance with Section 3 hereof

Sincerely,
MBS Capital Markets, LLC

Brett Sealy Managing Partner

Approved and Accepted By:	 	 Title:	  	
Date:	 	

Page 1 4

M BS	CAPITAL  MARKETS,   LLC

EXHIBIT A

Disclosures Concerning the Underwriter's Role

Municipal Securities Rulemaking Board Rule G-17 requires an underwriter to deal fairly at all times with both municipal iss uers and investors;

The Underwriter ' s primary role is to purchase securities with a view to distribution in an arm's­ length commercial transaction with the District and it has financial and other interests that differ from those of the District;

Unlike a municipal advisor, the Underwriter does not have a fiduciary duty to the District under the federal securities laws and is, therefore, not required by federal law to act in the best interests of the Distric t without regard to its own financial or other interests;

The Underwriter has a duty to purchase securities from the District at a fair and reasonable price, but must balance that duty with its duty to sell municipal securities to investors at prices that are fair and reasonable; and

The Underwriter will review the official statement for the District's securities in accordance with, and as part of, its responsibilities to investors under the federal securities laws, as applied to the facts and circumstances of the transaction.

Disclosure Concerning the Underwriter's Compensation

Underwriter's compensation that is contingent on the closing of a transaction or the size of a transaction presents a conflict of interest, because it may cause the Underwriter to recommend a transaction that it is unnecessary or to recommend that the size of the transaction be larger than is necessary.

Conflicts of Interest

Payments to or from Third Parties. There are no undisclosed payments, values, or credits to be received by the Underwriter in connection with its underwriting of this new issue from parties other than the District, and there are no undisclosed payments to be made by the Underwriter in connection with this new issue to parties other than the District (in either case includ ing payments, values, or credits that relate directly or indirectly to collateral transactions integrally related to the issue being underwritten). In addition, there are no third-party arrangements for the marketing of the District 's securities.

Profit-Sharing with Investors. There are no arrangements between the Underwriter and an investor purchasing new issue securities from the Underwriter (in cluding purchases that are contingent upon the

MBS	CAPITAL  MARKETS,  LLC

Page J5

delivery by the District to the Underwriter of the securities) according to which profits realized from the resale by such investor of the securities are directly or indirectly split or otherwise shared with the Underwriter.

Credit Default Swaps.   There will be no issuanceor purchase by the Underwriter of credit default swaps for which the reference is the District for which the Underwriter is serving as underwriter, or an obligation of that District.

Retail Order Periods. For new issues in which there is a retail order period, the Underwriter will honor such agreement to provide the retail order period. No allocation of securities in a manner that is inconsistent with a District' s requirements will be made without the District' s consent. In addition, when the Underwriter has agreed to underwrite a transaction with a retail order period, it will take reasonable measures to ensure that retail clients are bona fide.

Dealer Payments to District Personnel. Reimbursements, if any, made to personnel of the District will be made in compliance with MSRB Rule G-20, on gifts, gratuities, and non-cash compensation, and Rule G-17, in connection with certain payments made to, and expenses reimbursed for, District personnel during the municipal bond issuance process.

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

Conflict Waiver Letter with GreenbergTraurig

IJGreenbergTraurig
Laurie L. Gildan. Esq.
Tel. 561-650-7924
gil dan l(a 1 gtlaw.com

March 22, 2021

VIA E-MAIL

Sanctuary Cove Community Development District c/o PFM Group Consulting, LLC
12051 Corporate Boulevard
Orlando, FL 32817
Attn: Lynne Mullins, District Manager

Michael M. O'Connell, Esq. Lennar Corporation
700 NW 107th Avenue Miami, Florida 33172

Re:	Waiver of Conflict of Interest - Sanctuary Cove

All:

This letter is to confirm our understanding with each of you regarding your waiver of and consent to the conflict of interest described below.

Our law firm has in the past represented Sanctuary Cove Community Development District (the "CDD") as bond counsel  and has been asked to continue to serve as bond counsel  to the CDD in connection with the issuance of debt for purposes of paying the acquisition cost of certain utility and stormwater public infrastructure improvements previously conveyed to  the  CDD  for  the benefit of developing the residential lands within the CDD (the "Transaction").

Our law firm serves as counsel for Lennar Homes, LLC ("Lennar") in connection with matters including the purchase of real property which is encumbered by the CDD.

Our firm's proposed representation of the CDD in the above matter raises a potential conflict of interest. Under the applicable ethical rules, we might be precluded from undertaking the proposed representation unless all affected clients waive the conflict of interest.  Such a conflict of interest is waivable only if (a) the conflict is fully disclosed to both parties, (b) our exercise of independent professional judgment in the proposed representation of one client will not be materially limited by our responsibilities to the other client, (c) we reasonably believe that our representation will not be adversely affected by the conflict, and (d) our representation does not violate any other ethical requirements , such as the attorney's duty of confidentiality to each client.

Greenberg Traurig, P.A. I Attorneys at Law
777 South Flagler Drive I Suite 300 I West Palm Beach, Florida 33401 I T +1 561.650.7900 I F +1 561.655.6222	
www.gtlaw.com

Sanctuary Cove CDD Lennar Corporation March 22, 2021
Page 2

Each of you should be aware that, in the course of a transaction such as the one referenced above, there will inevitably arise a number ofissues on which the interests of parties to the potential transaction will diverge. With respect to all such issues in this proposed representation, Laurie L. Gildan, Anthony P. Vernace, and associates working with them will exercise their independent judgment in order to further the interests of Lennar exclusively. Robert Gang and associates working with him will exercise their independent judgment in order to further the interests of the CDD exclusively.

We have examined the proposed representation and we have concluded that our representation of Lennar will not be adversely affected by our representation of the CDD in the Transaction, nor will our duty of confidentiality to the CDD be breached by our representation of Lennar. Furthermore, our representation of the CDD in the Transaction will not be adversely affected by our representation of Lennar, nor will our duty of confidentiality to Lennar be breached by our representation of the CDD in the Transaction. No attorneys who have worked on the representation of Lennar will work on the Transaction on behalf of the CDD. Thus, in our opinion the conflict of interest described above is waivable.

It is our understanding that Lennar and the CDD are willing to waive the conflict of interest and to consent to our firm's representation of the CDD in the Transaction as well as all future matters, and to consent to our firm's representation of the Lennar, provided that in the event that any litigation between the parties ensues from it, our law firm shall be precluded from representing either party to the matter described above in such litigation against the other. The waivers and agreements in this letter will continue in effect upon the termination of our representation of either client.

We request that each of you confirm to us the waiver and consent described above by signing and returning to us a counterpart of this letter.

Sincerely,

Laurie L. Gildan

cc:	Robert Gang, Esq.
Anthony P. Vernace, Esq.

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

By:	   Nam: r,		Uin
Its:	District Manager

LENNAR  CORPORATION

By:	 		 Name:		_
Its:	 	

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

LENNAR CORPORATION

By:	 		By:	 	

Name: Lynn Mullins

Name:

Michael O'Connell

Its:	District Manager

Its:	 	
Associate General Counsel

Sanctuary Cove CDD Lennar Corporation March 22, 2021
Page 4

Exhibit A

Lennar agrees to waive the conflict on the following conditions:
The waiver is conditioned upon Greenberg Traurig, P.A. (the "Firm") obtaining a similar waiver from the CDD (together with its interested affiliates, the "Other Client"), which indicates that the Other Client will not object to the Firm's representation of Lennar and its affiliates with respect to matters unrelated to the Transaction.
The waiver has been agreed to solely upon the facts presented  in the attached letter. The Firm understands and agrees that Lennar is relying upon the Firm to provide all information Lennar should consider in waiving this conflict so that no independent investigation is required by Lennar.
This waiver does not extend to any dispute or litigation that may  arise  between Lennar, on the one hand, and the Other Client, on the other, and the Firm agrees that it will not represent either party in any such litigation.

The Firm has reviewed the potential conflict and concluded that it will not in any way impact the ability of the firm to effectively represent Lennar in other matters.

This waiver does not modify the Lennar Outside Counsel Guidelines, and the Firm agrees that its representation of Lennar remains subject to the Guidelines.

56037498v3/046793. 338400

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

E-Verify Memorandum of Understanding

THE E-VERIFY MEMORANDUM OF UNDERSTANDING
FOR EMPLOYERS

ARTICLE I PURPOSE AND AUTHORITY
The parties to this agreement are the Department of Homeland Security (DHS) and the
Sanctuary Cove Community Development District (Employer). The purpose of this agreement is to set forth terms and conditions which the Employer will follow while participating in E-Verify.

E-Verify is a program that electronically confirms an employee’s eligibility to work in the United States after completion of Form I-9, Employment Eligibility Verification (Form I-9). This Memorandum of Understanding (MOU) explains certain features of the E-Verify program and describes specific responsibilities of the Employer, the Social Security Administration (SSA), and DHS.
Authority for the E-Verify program is found in Title IV, Subtitle A, of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (IIRIRA), Pub. L. 104-208, 110 Stat. 3009, as amended (8 U.S.C.
§ 1324a note). The Federal Acquisition Regulation (FAR) Subpart 22.18, “Employment Eligibility Verification” and Executive Order 12989, as amended, provide authority for Federal contractors and subcontractors (Federal contractor) to use E-Verify to verify the employment eligibility of certain employees working on Federal contracts.

ARTICLE II RESPONSIBILITIES
RESPONSIBILITIES OF THE EMPLOYER
The Employer agrees to display the following notices supplied by DHS in a prominent place that is clearly visible to prospective employees and all employees who are to be verified through the system:

Notice of E-Verify Participation
Notice of Right to Work
The Employer agrees to provide to the SSA and DHS the names, titles, addresses, and telephone numbers of the Employer representatives to be contacted about E-Verify. The Employer also agrees to keep such information current by providing updated information to SSA and DHS whenever the representatives’ contact information changes.

The Employer agrees to grant E-Verify access only to current employees who need E-Verify access. Employers must promptly terminate an employee’s E-Verify access if the employer is separated from the company or no longer needs access to E-Verify.

The Employer agrees to become familiar with and comply with the most recent version of the E-Verify User Manual.

The Employer agrees that any Employer Representative who will create E-Verify cases will complete the E-Verify Tutorial before that individual creates any cases.

The Employer agrees that all Employer representatives will take the refresher tutorials when prompted by E-Verify in order to continue using E-Verify. Failure to complete a refresher tutorial will prevent the Employer Representative from continued use of E-Verify.
The Employer agrees to comply with current Form I-9 procedures, with two exceptions:

If an employee presents a "List B" identity document, the Employer agrees to only accept "List B" documents that contain a photo. (List B documents identified in 8 C.F.R. § 274a.2(b)(1)(B)) can be presented during the Form I-9 process to establish identity.) If an employee objects to the photo requirement for religious reasons, the Employer should contact E-Verify at
888-464-4218.
If an employee presents a DHS Form I-551 (Permanent Resident Card), Form I-766 (Employment Authorization Document), or U.S. Passport or Passport Card to complete Form I-9, the Employer agrees to make a photocopy of the document and to retain the photocopy with the employee’s Form I-9. The Employer will use the photocopy to verify the photo and to assist DHS with its review of photo mismatches that employees contest. DHS may in the future designate other documents that activate the photo screening tool.
Note: Subject only to the exceptions noted previously in this paragraph, employees still retain the right to present any List A, or List B and List C, document(s) to complete the Form I-9.
The Employer agrees to record the case verification number on the employee's Form I-9 or to print the screen containing the case verification number and attach it to the employee's Form I-9.

The Employer agrees that, although it participates in E-Verify, the Employer has a responsibility to complete, retain, and make available for inspection Forms I-9 that relate to its employees, or from other requirements of applicable regulations or laws, including the obligation to comply with the antidiscrimination requirements of section 274B of the INA with respect to Form I-9 procedures.

The following modified requirements are the only exceptions to an Employer’s obligation to not employ unauthorized workers and comply with the anti-discrimination provision of the INA: (1) List B identity documents must have photos, as described in paragraph 6 above; (2) When an Employer confirms the identity and employment eligibility of newly hired employee using E-Verify procedures, the Employer establishes a rebuttable presumption that it has not violated section 274A(a)(1)(A) of the Immigration and Nationality Act (INA) with respect to the hiring of that employee; (3) If the Employer receives a final nonconfirmation for an employee, but continues to employ that person, the Employer must notify DHS and the Employer is subject to a civil money penalty between $550 and $1,100 for each failure to notify DHS of continued employment following a final nonconfirmation; (4) If the Employer continues to employ an employee after receiving a final nonconfirmation, then the Employer is subject to a rebuttable presumption that it has knowingly

employed an unauthorized alien in violation of section 274A(a)(1)(A); and (5) no E-Verify participant is civilly or criminally liable under any law for any action taken in good faith based on information provided through the E-Verify.
DHS reserves the right to conduct Form I-9 compliance inspections, as well as any other enforcement or compliance activity authorized by law, including site visits, to ensure proper use of E-Verify.
The Employer is strictly prohibited from creating an E-Verify case before the employee has been hired, meaning that a firm offer of employment was extended and accepted and Form I-9 was completed. The Employer agrees to create an E-Verify case for new employees within three Employer business days after each employee has been hired (after both Sections 1 and 2 of Form I-9 have been completed), and to complete as many steps of the E-Verify process as are necessary according to the E-Verify User Manual. If E-Verify is temporarily unavailable, the three-day time period will be extended until it is again operational in order to accommodate the Employer's attempting, in good faith, to make inquiries during the period of unavailability.

The Employer agrees not to use E-Verify for pre-employment screening of job applicants, in support of any unlawful employment practice, or for any other use that this MOU or the E-Verify User Manual does not authorize.

The Employer must use E-Verify for all new employees. The Employer will not verify selectively and will not verify employees hired before the effective date of this MOU. Employers who are Federal contractors may qualify for exceptions to this requirement as described in Article II.B of this MOU.

The Employer agrees to follow appropriate procedures (see Article III below) regarding tentative nonconfirmations. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify case. The Employer agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. Further, when employees contest a tentative nonconfirmation based upon a photo mismatch, the Employer must take additional steps (see Article III.B. below) to contact DHS with information necessary to resolve the challenge.

The Employer agrees not to take any adverse action against an employee based upon the employee's perceived employment eligibility status while SSA or DHS is processing the verification request unless the Employer obtains knowledge (as defined in 8 C.F.R. § 274a.1(l)) that the employee is not work authorized. The Employer understands that an initial inability of the SSA or DHS automated verification system to verify work authorization, a tentative nonconfirmation, a case in continuance (indicating the need for additional time for the government to resolve a case), or the finding of a photo mismatch, does not establish, and should not be interpreted as, evidence that the employee is not work authorized. In any of such cases, the employee must be provided a full and fair opportunity to contest the finding, and if he or she does so, the employee may not be terminated or suffer any adverse employment consequences based upon the employee’s perceived employment eligibility status

(including denying, reducing, or extending work hours, delaying or preventing training, requiring an employee to work in poorer conditions, withholding pay, refusing to assign the employee to a Federal contract or other assignment, or otherwise assuming that he or she is unauthorized to work) until and unless secondary verification by SSA or DHS has been completed and a final nonconfirmation has been issued. If the employee does not choose to contest a tentative nonconfirmation or a photo mismatch or if a secondary verification is completed and a final nonconfirmation is issued, then the Employer can find the employee is not work authorized and terminate the employee’s employment. Employers or employees with questions about a final nonconfirmation may call E-Verify at 1-888-464- 4218 (customer service) or 1-888-897-7781 (worker hotline).

The Employer agrees to comply with Title VII of the Civil Rights Act of 1964 and section 274B of the INA as applicable by not discriminating unlawfully against any individual in hiring, firing, employment eligibility verification, or recruitment or referral practices because of his or her national origin or citizenship status, or by committing discriminatory documentary practices. The Employer understands that such illegal practices can include selective verification or use of E-Verify except as provided in part D below, or discharging or refusing to hire employees because they appear or sound “foreign” or have received tentative nonconfirmations. The Employer further understands that any violation of the immigration-related unfair employment practices provisions in section 274B of the INA could subject the Employer to civil penalties, back pay awards, and other sanctions, and violations of Title VII could subject the Employer to back pay awards, compensatory and punitive damages. Violations of either section 274B of the INA or Title VII may also lead to the termination of its participation in E-Verify. If the Employer has any questions relating to the anti-discrimination provision, it should contact OSC at 1-800-255-8155 or 1-800-237-2515 (TDD).

The Employer agrees that it will use the information it receives from E-Verify only to confirm the employment eligibility of employees as authorized by this MOU. The Employer agrees that it will safeguard this information, and means of access to it (such as PINS and passwords), to ensure that it is not used for any other purpose and as necessary to protect its confidentiality, including ensuring that it is not disseminated to any person other than employees of the Employer who are authorized to perform the Employer's responsibilities under this MOU, except for such dissemination as may be authorized in advance by SSA or DHS for legitimate purposes.

The Employer agrees to notify DHS immediately in the event of a breach of personal information. Breaches are defined as loss of control or unauthorized access to E-Verify personal data. All suspected or confirmed breaches should be reported by calling 1-888-464-4218 or via email at
E-Verify@dhs.gov. Please use “Privacy Incident – Password” in the subject line of your email when sending a breach report to E-Verify.

The Employer acknowledges that the information it receives from SSA is governed by the Privacy Act (5 U.S.C. § 552a(i)(1) and (3)) and the Social Security Act (42 U.S.C. 1306(a)). Any person who obtains this information under false pretenses or uses it for any purpose other than as provided for in this MOU may be subject to criminal penalties.

The Employer agrees to cooperate with DHS and SSA in their compliance monitoring and evaluation of E-Verify, which includes permitting DHS, SSA, their contractors and other agents, upon

reasonable notice, to review Forms I-9 and other employment records and to interview it and its employees regarding the Employer’s use of E-Verify, and to respond in a prompt and accurate manner to DHS requests for information relating to their participation in E-Verify.

The Employer shall not make any false or unauthorized claims or references about its participation in E-Verify on its website, in advertising materials, or other media. The Employer shall not describe its services as federally-approved, federally-certified, or federally-recognized, or use language with a similar intent on its website or other materials provided to the public. Entering into this MOU does not mean that E-Verify endorses or authorizes your E-Verify services and any claim to that effect is false.

The Employer shall not state in its website or other public documents that any language used therein has been provided or approved by DHS, USCIS or the Verification Division, without first obtaining the prior written consent of DHS.

The Employer agrees that E-Verify trademarks and logos may be used only under license by DHS/USCIS (see M-795 (Web)) and, other than pursuant to the specific terms of such license, may not be used in any manner that might imply that the Employer’s services, products, websites, or publications are sponsored by, endorsed by, licensed by, or affiliated with DHS, USCIS, or E-Verify.

The Employer understands that if it uses E-Verify procedures for any purpose other than as authorized by this MOU, the Employer may be subject to appropriate legal action and termination of its participation in E-Verify according to this MOU.

RESPONSIBILITIES OF FEDERAL CONTRACTORS
If the Employer is a Federal contractor with the FAR E-Verify clause subject to the employment verification terms in Subpart 22.18 of the FAR, it will become familiar with and comply with the most current version of the E-Verify User Manual for Federal Contractors as well as the E-Verify Supplemental Guide for Federal Contractors.

In addition to the responsibilities of every employer outlined in this MOU, the Employer understands that if it is a Federal contractor subject to the employment verification terms in Subpart 22.18 of the FAR it must verify the employment eligibility of any “employee assigned to the contract” (as defined in FAR 22.1801). Once an employee has been verified through E-Verify by the Employer, the Employer may not create a second case for the employee through E-Verify.

An Employer that is not enrolled in E-Verify as a Federal contractor at the time of a contract award must enroll as a Federal contractor in the E-Verify program within 30 calendar days of contract award and, within 90 days of enrollment, begin to verify employment eligibility of new hires using E-Verify. The Employer must verify those employees who are working in the United States, whether or not they are assigned to the contract. Once the Employer begins verifying new hires, such verification of new hires must be initiated within three business days after the hire date. Once enrolled in E-Verify as a Federal contractor, the Employer must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee’s assignment to the contract, whichever date is later.

Employers enrolled in E-Verify as a Federal contractor for 90 days or more at the time of a contract award must use E-Verify to begin verification of employment eligibility for new hires of the Employer who are working in the United States, whether or not assigned to the contract, within three business days after the date of hire. If the Employer is enrolled in E-Verify as a Federal contractor for 90 calendar days or less at the time of contract award, the Employer must, within 90 days of enrollment, begin to use E-Verify to initiate verification of new hires of the contractor who are working in the United States, whether or not assigned to the contract. Such verification of new hires must be initiated within three business days after the date of hire. An Employer enrolled as a Federal contractor in E-Verify must begin verification of each employee assigned to the contract within 90 calendar days after date of contract award or within 30 days after assignment to the contract, whichever is later.
Federal contractors that are institutions of higher education (as defined at 20 U.S.C. 1001(a)), state or local governments, governments of Federally recognized Indian tribes, or sureties performing under a takeover agreement entered into with a Federal agency under a performance bond may choose to only verify new and existing employees assigned to the Federal contract. Such Federal contractors may, however, elect to verify all new hires, and/or all existing employees hired after November 6, 1986. Employers in this category must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee’s assignment to the contract, whichever date is later.
Upon enrollment, Employers who are Federal contractors may elect to verify employment eligibility of all existing employees working in the United States who were hired after November 6, 1986, instead of verifying only those employees assigned to a covered Federal contract. After enrollment, Employers must elect to verify existing staff following DHS procedures and begin
E-Verify verification of all existing employees within 180 days after the election.
The Employer may use a previously completed Form I-9 as the basis for creating an E-Verify case for an employee assigned to a contract as long as:
That Form I-9 is complete (including the SSN) and complies with Article II.A.6,
The employee’s work authorization has not expired, and
The Employer has reviewed the Form I-9 information either in person or in communications with the employee to ensure that the employee’s Section 1, Form I-9 attestation has not changed (including, but not limited to, a lawful permanent resident alien having become a naturalized U.S. citizen).
The Employer shall complete a new Form I-9 consistent with Article II.A.6 or update the previous Form I-9 to provide the necessary information if:
The Employer cannot determine that Form I-9 complies with Article II.A.6,
The employee’s basis for work authorization as attested in Section 1 has expired or changed, or
The Form I-9 contains no SSN or is otherwise incomplete.
Note: If Section 1 of Form I-9 is otherwise valid and up-to-date and the form otherwise complies with

Article II.C.5, but reflects documentation (such as a U.S. passport or Form I-551) that expired after completing Form I-9, the Employer shall not require the production of additional documentation, or use the photo screening tool described in Article II.A.5, subject to any additional or superseding instructions that may be provided on this subject in the E-Verify User Manual.
The Employer agrees not to require a second verification using E-Verify of any assigned employee who has previously been verified as a newly hired employee under this MOU or to authorize verification of any existing employee by any Employer that is not a Federal contractor based on this Article.
The Employer understands that if it is a Federal contractor, its compliance with this MOU is a performance requirement under the terms of the Federal contract or subcontract, and the Employer consents to the release of information relating to compliance with its verification responsibilities under this MOU to contracting officers or other officials authorized to review the Employer’s compliance with Federal contracting requirements.

RESPONSIBILITIES OF SSA
SSA agrees to allow DHS to compare data provided by the Employer against SSA’s database. SSA sends DHS confirmation that the data sent either matches or does not match the information in SSA’s database.

SSA agrees to safeguard the information the Employer provides through E-Verify procedures. SSA also agrees to limit access to such information, as is appropriate by law, to individuals responsible for the verification of Social Security numbers or responsible for evaluation of E-Verify or such other persons or entities who may be authorized by SSA as governed by the Privacy Act (5 U.S.C. § 552a), the Social Security Act (42 U.S.C. 1306(a)), and SSA regulations (20 CFR Part 401).

SSA agrees to provide case results from its database within three Federal Government work days of the initial inquiry. E-Verify provides the information to the Employer.

SSA agrees to update SSA records as necessary if the employee who contests the SSA tentative nonconfirmation visits an SSA field office and provides the required evidence. If the employee visits an SSA field office within the eight Federal Government work days from the date of referral to SSA, SSA agrees to update SSA records, if appropriate, within the eight-day period unless SSA determines that more than eight days may be necessary. In such cases, SSA will provide additional instructions to the employee. If the employee does not visit SSA in the time allowed, E-Verify may provide a final nonconfirmation to the employer.

Note: If an Employer experiences technical problems, or has a policy question, the employer should contact E-Verify at 1-888-464-4218.
RESPONSIBILITIES OF DHS
DHS agrees to provide the Employer with selected data from DHS databases to enable the Employer to conduct, to the extent authorized by this MOU:

Automated verification checks on alien employees by electronic means, and

Photo verification checks (when available) on employees.
DHS agrees to assist the Employer with operational problems associated with the Employer's participation in E-Verify. DHS agrees to provide the Employer names, titles, addresses, and telephone numbers of DHS representatives to be contacted during the E-Verify process.

DHS agrees to provide to the Employer with access to E-Verify training materials as well as an
E-Verify User Manual that contain instructions on E-Verify policies, procedures, and requirements for both SSA and DHS, including restrictions on the use of E-Verify.

DHS agrees to train Employers on all important changes made to E-Verify through the use of mandatory refresher tutorials and updates to the E-Verify User Manual. Even without changes to E-Verify, DHS reserves the right to require employers to take mandatory refresher tutorials.

DHS agrees to provide to the Employer a notice, which indicates the Employer's participation in
E-Verify. DHS also agrees to provide to the Employer anti-discrimination notices issued by the Office of Special Counsel for Immigration-Related Unfair Employment Practices (OSC), Civil Rights Division,
U.S. Department of Justice.

DHS agrees to issue each of the Employer’s E-Verify users a unique user identification number and password that permits them to log in to E-Verify.

DHS agrees to safeguard the information the Employer provides, and to limit access to such information to individuals responsible for the verification process, for evaluation of E-Verify, or to such other persons or entities as may be authorized by applicable law. Information will be used only to verify the accuracy of Social Security numbers and employment eligibility, to enforce the INA and Federal criminal laws, and to administer Federal contracting requirements.

DHS agrees to provide a means of automated verification that provides (in conjunction with SSA verification procedures) confirmation or tentative nonconfirmation of employees' employment eligibility within three Federal Government work days of the initial inquiry.

DHS agrees to provide a means of secondary verification (including updating DHS records) for employees who contest DHS tentative nonconfirmations and photo mismatch tentative nonconfirmations. This provides final confirmation or nonconfirmation of the employees' employment eligibility within 10 Federal Government work days of the date of referral to DHS, unless DHS determines that more than 10 days may be necessary. In such cases, DHS will provide additional verification instructions.

ARTICLE III
REFERRAL OF INDIVIDUALS TO SSA AND DHS

REFERRAL TO SSA
If the Employer receives a tentative nonconfirmation issued by SSA, the Employer must print the notice as directed by E-Verify. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify

case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending.

The Employer agrees to obtain the employee’s response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation.

After a tentative nonconfirmation, the Employer will refer employees to SSA field offices only as directed by E-Verify. The Employer must record the case verification number, review the employee information submitted to E-Verify to identify any errors, and find out whether the employee contests the tentative nonconfirmation. The Employer will transmit the Social Security number, or any other corrected employee information that SSA requests, to SSA for verification again if this review indicates a need to do so.

The Employer will instruct the employee to visit an SSA office within eight Federal Government work days. SSA will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary.

While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates.

The Employer agrees not to ask the employee to obtain a printout from the Social Security Administration number database (the Numident) or other written verification of the SSN from the SSA.

REFERRAL TO DHS
If the Employer receives a tentative nonconfirmation issued by DHS, the Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending.

The Employer agrees to obtain the employee’s response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation.

The Employer agrees to refer individuals to DHS only when the employee chooses to contest a tentative nonconfirmation.

If the employee contests a tentative nonconfirmation issued by DHS, the Employer will instruct the

employee to contact DHS through its toll-free hotline (as found on the referral letter) within eight Federal Government work days.

If the Employer finds a photo mismatch, the Employer must provide the photo mismatch tentative nonconfirmation notice and follow the instructions outlined in paragraph 1 of this section for tentative nonconfirmations, generally.

The Employer agrees that if an employee contests a tentative nonconfirmation based upon a photo mismatch, the Employer will send a copy of the employee’s Form I-551, Form I-766, U.S. Passport, or passport card to DHS for review by:

Scanning and uploading the document, or
Sending a photocopy of the document by express mail (furnished and paid for by the employer).
The Employer understands that if it cannot determine whether there is a photo match/mismatch, the Employer must forward the employee’s documentation to DHS as described in the preceding paragraph. The Employer agrees to resolve the case as specified by the DHS representative who will determine the photo match or mismatch.

DHS will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary.

While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates.

ARTICLE IV SERVICE PROVISIONS
A. NO SERVICE FEES
SSA and DHS will not charge the Employer for verification services performed under this MOU. The Employer is responsible for providing equipment needed to make inquiries. To access E-Verify, an Employer will need a personal computer with Internet access.

ARTICLE V MODIFICATION AND TERMINATION
MODIFICATION
This MOU is effective upon the signature of all parties and shall continue in effect for as long as the SSA and DHS operates the E-Verify program unless modified in writing by the mutual consent of all parties.

Any and all E-Verify system enhancements by DHS or SSA, including but not limited to E-Verify checking against additional data sources and instituting new verification policies or procedures, will be covered under this MOU and will not cause the need for a supplemental MOU that outlines these changes.

TERMINATION
The Employer may terminate this MOU and its participation in E-Verify at any time upon 30 days prior written notice to the other parties.

Notwithstanding Article V, part A of this MOU, DHS may terminate this MOU, and thereby the Employer’s participation in E-Verify, with or without notice at any time if deemed necessary because of the requirements of law or policy, or upon a determination by SSA or DHS that there has been a breach of system integrity or security by the Employer, or a failure on the part of the Employer to comply with established E-Verify procedures and/or legal requirements. The Employer understands that if it is a Federal contractor, termination of this MOU by any party for any reason may negatively affect the performance of its contractual responsibilities. Similarly, the Employer understands that if it is in a state where E-Verify is mandatory, termination of this by any party MOU may negatively affect the Employer’s business.

An Employer that is a Federal contractor may terminate this MOU when the Federal contract that requires its participation in E-Verify is terminated or completed. In such cases, the Federal contractor must provide written notice to DHS. If an Employer that is a Federal contractor fails to provide such notice, then that Employer will remain an E-Verify participant, will remain bound by the terms of this MOU that apply to non-Federal contractor participants, and will be required to use the E-Verify procedures to verify the employment eligibility of all newly hired employees.

The Employer agrees that E-Verify is not liable for any losses, financial or otherwise, if the Employer is terminated from E-Verify.

ARTICLE VI PARTIES
Some or all SSA and DHS responsibilities under this MOU may be performed by contractor(s), and SSA and DHS may adjust verification responsibilities between each other as necessary. By separate agreement with DHS, SSA has agreed to perform its responsibilities as described in this MOU.
Nothing in this MOU is intended, or should be construed, to create any right or benefit, substantive or procedural, enforceable at law by any third party against the United States, its agencies, officers, or employees, or against the Employer, its agents, officers, or employees.
The Employer may not assign, directly or indirectly, whether by operation of law, change of control or merger, all or any part of its rights or obligations under this MOU without the prior written consent of DHS, which consent shall not be unreasonably withheld or delayed. Any attempt to sublicense, assign, or transfer any of the rights, duties, or obligations herein is void.
Each party shall be solely responsible for defending any claim or action against it arising out of or related to E-Verify or this MOU, whether civil or criminal, and for any liability wherefrom, including (but not limited to) any dispute between the Employer and any other person or entity regarding the applicability of Section 403(d) of IIRIRA to any action taken or allegedly taken by the Employer.
The Employer understands that its participation in E-Verify is not confidential information and may be disclosed as authorized or required by law and DHS or SSA policy, including but not limited to,

Congressional oversight, E-Verify publicity and media inquiries, determinations of compliance with Federal contractual requirements, and responses to inquiries under the Freedom of Information Act (FOIA).
The individuals whose signatures appear below represent that they are authorized to enter into this MOU on behalf of the Employer and DHS respectively. The Employer understands that any inaccurate statement, representation, data or other information provided to DHS may subject the Employer, its subcontractors, its employees, or its representatives to: (1) prosecution for false statements pursuant to 18 U.S.C. 1001 and/or; (2) immediate termination of its MOU and/or; (3) possible debarment or suspension.
The foregoing constitutes the full agreement on this subject between DHS and the Employer.
To be accepted as an E-Verify participant, you should only sign the Employer’s Section of the signature page. If you have any questions, contact E-Verify at 1-888-464-4218.

Approved by:

Employer
Sanctuary Cove Community Development District	
Name (Please Type or Print)
Lynne Mullins	Title	
Signature

Electronically Signed	Date

03/08/2021	
Department of Homeland Security – Verification Division	
Name (Please Type or Print)
USCIS Verification Division	Title	
Signature
Electronically Signed	Date
03/08/2021	

Information Required for the E-Verify Program

Information relating to your Company:	

Company Name	Sanctuary Cove Community Development District	

Company Facility Address	12051 CORPORATE BLVD
ORLANDO, FL 32817	

Company Alternate Address		
County or Parish	
ORANGE	
Employer Identification Number	
300448273	
North American Industry Classification Systems Code	
925	

Parent Company		
Number of Employees	1 to 4	
Number of Sites Verified for	1	

Are you verifying for more than 1 site? If yes, please provide the number of sites verified for in each State:

FLORIDA	1 site(s)

Information relating to the Program Administrator(s) for your Company on policy questions or operational problems:
Name	Lynne Mullins Phone Number	(407) 723 - 5935 Fax Number
Email Address	mullinsl@pfm.com

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SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

Letter from Hopping Green & Sams – Fee Increase

March 1, 2021

Sanctuary Cove Community Development District c/o Jennifer Walden
PFM Group Consulting LLC 12051 Corporate Boulevard
Orlando, Florida 32817

Re: Sanctuary Cove Community Development District Dear Jennifer:
The fee agreement in place between our firm and the District contemplates adjustments to the hourly rates from time to time after an annual evaluation by our firm. Last year, our firm did not increase the hourly rates and have not done so since 2019. The firm is respectfully submitting this notification to increase our standard hourly rates. My hourly rate is proposed to adjust from
$335 to $360. The hourly rate for associates most likely to provide services to the District is proposed to range from $265 to $285. The rate for paralegal services is proposed to adjust from
$135 to $150. The new hourly rates are proposed to take effect on April 1, 2021.

As always, we will continue to implement cost-effective strategies to minimize legal expenses for the District while at the same time providing thoughtful and comprehensive services.

If you have any questions, please feel free to call. We thank you for the opportunity to be of service.

Sincerely,

/s/ Michael C. Eckert
Michael C. Eckert
MCE/lk

cc:	Bjorn Svenson, Chairman

Post Office Box 6526	Tallahassee, Florida 32314	119 South Monroe Street, Suite 300 (32301)	850.222.7500	850.224.8551 fax	www.hgslaw.com

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

FY 2020 Funding Request – 4th Quarter #1 Revised, #2 and #3

Sanctuary Cove Community Development District

Bjorn Svenson		
Avanti Properties Group		
923 N. Pennsylvania Ave.		
Winter Park, FL 32789
(407) 628-8488		
(407) 644-3115		
bjorn@svensonenterprises.com		
Funding Request No. 1 2020 Q4		
9/1/2020		
		FY20	
Item	Vendor	Invoice	General	
No.	Number	Fund	

1	PFM Group Consulting LLC			
Dist. Mgmt Fee Q4 2020 (Jul - Sep)	DM-07-2020-0084	$	750.00	
Website Fee Q4 2020 (Jul)	DM-07-2020-0085	$	100.00	
2	VGlobalTech			
ADA Website Maintenance Aug 2020	1847	$	100.00	
ADA Website Maintenance Sept. 2020	1909	$	100.00	
		$	1,050.00	
	TOTAL	$1,050.00	

Secretary / Asst. Secretary	Chairman

Please Return To:

Bjorn Svenson		
Avanti Properties Group		
923 N. Pennsylvania Ave.		
Winter Park, FL 32789
(407) 628-8488		
(407) 644-3115		
bjorn@svensonenterprises.com		
Funding Request No. 2 2020 Q4		
8/11/2020		
		FY20	
Item	Vendor	Invoice	General	
No.	Number	Fund	

1	Bradenton Herald
Legal Ad 07/24/2020	

4682801	

$	318.24	
2	Hopping Green & Sams			
General Counsel June 2020	115875	$	295.50	
3	PFM Group Consulting LLC			
Billable Expenses July 2020	110915	$	219.96	
Postage May 2020	OE-EXP-00913	$	2.00	
Postage Jun 2020	OE-EXP-00968	$	1.00	
4	VGlobalTech			
Quarterly ADA Audit	1757	$	300.00	
		$	1,136.70	
	TOTAL	$1,136.70	

Secretary / Asst. Secretary	Chairman

Bjorn Svenson		
Avanti Properties Group		
923 N. Pennsylvania Ave.		
Winter Park, FL 32789
(407) 628-8488		
(407) 644-3115		
bjorn@svensonenterprises.com		
Funding Request No. 3 2020 Q4		
9/18/2020		
		FY20		FY21	
Item	Vendor	Invoice	General		General	
No.	Number	Fund		 	Fund		

1	Egis					
FY21 Insurance Renewal	11664			$	2,882.00	
2	Hopping Green & Sams					
General Counsel Jul 2020	116651	$	206.50			
3	PFM Group Consulting LLC					
Postage Jul 2020	OE-EXP-01030	$	2.00			
		$	208.50		$	2,882.00	
	TOTAL	$3,090.50			

Secretary / Asst. Secretary	Chairman

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

FY 2021 Funding Request –
1st Quarter #1 – 5, 2nd Quarter #1 – 3 and
3rd Quarter #1

Item
No.	Vendor	Invoice
Number	General
Fund		General
 	Fund		

1	
Hopping Green & Sams
General Counsel Aug 2020	

117218	

$	572.50			
2	PFM Group Consulting LLC
Postage Sep 2020	
OE-EXP-01149	
$	1.50			
3	VGlobalTech
Quarterly Website Audit	
1984	
$	300.00			
	Monthly Website Fee Oct 2020	2022			$	100.00	
			$	874.00		$	100.00	
		TOTAL	$974.00			

Secretary / Asst. Secretary	Chairman

Item
No.	Vendor	Invoice
Number	General
Fund		General
 	Fund		

1	
Bradenton Herald
Legal Ad 10/16/2020	

4764521			

$	292.00	
	Legal Ad 10/27/2020	4766489			$	79.56	
2	Hopping Green & Sams
General Counsel Sep 2020	
117930	
$	153.50			
3	PFM Group Consulting LLC
Dist. Mgmt Fee Q1 2021 (Oct - Dec)	
DM-10-2020-0063			
$	750.00	
			$	153.50		$	1,121.56	
		TOTAL	$1,275.06			

Secretary / Asst. Secretary	Chairman

Bjorn Svenson
Avanti Properties Group 923 N. Pennsylvania Ave. Winter Park, FL 32789 (407) 628-8488
(407) 644-3115
bjorn@svensonenterprises.com

Funding Request No. 3 2021 Q1
11/16/2020
FY20	FY21
Item	Vendor	Invoice	General	General
No.	Number	Fund	 	Fund	

1	FL Dept of Economic Opportunity
Special District Annual Fee FY 2021	83318

$	175.00

$	-	$	175.00
TOTAL	$175.00

Secretary / Asst. Secretary	Chairman

Bjorn Svenson		
Avanti Properties Group		
923 N. Pennsylvania Ave.		
Winter Park, FL 32789
(407) 628-8488		
(407) 644-3115		
bjorn@svensonenterprises.com		
Funding Request No. 4 2021 Q1		
12/1/2020		
		FY20	FY21	
Item	Vendor	Invoice	General	General	
No.	Number	Fund	 	Fund		

1	Hopping Green & Sams				
General Counsel Oct 2020	118656		$	220.50	
2	PFM Group Consulting LLC				
Postage Oct 2020	OE-EXP-11-40		$	3.00	
3	VGlobalTech				
Monthly Website Fee Nov 2020	2099		$	100.00	
		$	-	$	323.50	
	TOTAL	$323.50		

Secretary / Asst. Secretary	Chairman

Bjorn Svenson		
Avanti Properties Group		
923 N. Pennsylvania Ave.		
Winter Park, FL 32789
(407) 628-8488		
(407) 644-3115		
bjorn@svensonenterprises.com		
Funding Request No. 5 2021 Q1		
12/22/2020		
			FY21	
Item	Vendor	Invoice		General	
No.	Number		 	Fund		

1	Deluxe (paid online)				
Purchase Checks	02048557824		$	182.10	
2	Hopping Green & Sams				
General Counsel Nov 2020	119323		$	2,881.00	
3	PFM Group Consulting LLC				
Postage Nov 2020	OE-EXP-12-43		$	1.00	
4	VGlobalTech				
Monthly Website Fee Dec 2020	2177		$	100.00	
			$	3,164.10	
	TOTAL		$3,164.10	

Secretary / Asst. Secretary	Chairman

Bjorn Svenson		
Avanti Properties Group		
923 N. Pennsylvania Ave.		
Winter Park, FL 32789
(407) 628-8488		
(407) 644-3115		
bjorn@svensonenterprises.com		
Funding Request No. 1 2021 Q2		
1/19/2021		
			FY21	
Item	Vendor	Invoice	General	
No.		Number	 	Fund		

1	VGlobalTech				
Quarterly Website Audit	2258		$	300.00	
Monthly Website Fee Jan 2021	2301		$	100.00	
			$	400.00	
	TOTAL		$400.00	

Secretary / Asst. Secretary	Chairman

Bjorn Svenson		
Avanti Properties Group		
923 N. Pennsylvania Ave.		
Winter Park, FL 32789
(407) 628-8488		
(407) 644-3115		
bjorn@svensonenterprises.com		
Funding Request No. 2 2021 Q2		
2/4/2021		
			FY21	
Item	Vendor	Invoice		General	
No.	Number		 	Fund		

1	Hopping Green & Sams				
General Counsel Dec 2020	119828		$	301.93	
2	PFM Group Consulting LLC				
Dist. Mgmt Fee Q2 2021 (Jan - Mar)	DM-01-2021-0059		$	750.00	
			$	1,051.93	
	TOTAL		$1,051.93	

Secretary / Asst. Secretary	Chairman

Bjorn Svenson		
Avanti Properties Group		
923 N. Pennsylvania Ave.		
Winter Park, FL 32789
(407) 628-8488		
(407) 644-3115		
bjorn@svensonenterprises.com		
Funding Request No. 3 2021 Q2		
3/1/2021		
			FY21	
Item	Vendor	Invoice	General	
No.		Number	 	Fund		

1	
PFM Group Consulting LLC					
	Postage Jan 2021	OE-EXP-02-42		$	5.25	
2	VGlobalTech					
	Monthly Website Fee Feb 2021	2377		$	100.00	
				$	105.25	

TOTAL	$105.25

Secretary / Asst. Secretary	Chairman

Bjorn Svenson		
Avanti Properties Group		
923 N. Pennsylvania Ave.		
Winter Park, FL 32789
(407) 628-8488		
(407) 644-3115		
bjorn@svensonenterprises.com		
Funding Request No. 1 2021 Q3		
4/7/2021		
			FY21	
Item	Vendor	Invoice		General	
No.	Number		 	Fund		

1	Hopping Green & Sams				
General Counsel Feb 2021	121020		$	402.00	
2	VGlobalTech				
Monthly Website Fee Mar 2021	2459		$	100.00	
Monthly Website Fee Apr 2021	2590		$	100.00	
			$	602.00	
	TOTAL		$602.00	

Secretary / Asst. Secretary	Chairman

SANCTUARY COVE COMMUNITY DEVELOPMENT DISTRICT

District’s Financial Position and Budget to Actual Year to Date

Statement of Financial Position As of 3/31/2021

General Fund

Assets

Current Assets
General Checking Account Total Current Assets

Total Assets

Net Assets
Net Assets - General Government
Current Year Net Assets - General Government

Total Net Assets

Total Liabilities and Net Assets

$1,484.60

$1,484.60

$1,484.60

$1,485.10
(0.50)

$1,484.60

$1,484.60

Statement of Activities As of 3/31/2021

General Fund

Revenues

Developer Contributions Total Revenues
Expenses

$9,323.34

$9,323.34

Insurance	$2,882.00	
Management	1,500.00	
District Counsel	3,403.43	
Postage & Shipping	9.25	
Legal Advertising	372.06	
Contingency	182.10	
Web Site Maintenance	800.00	
Dues, Licenses, and Fees	175.00	
Total Expenses	$9,323.84	

Other Revenues (Expenses) & Gains (Losses)

Total Other Revenues (Expenses) & Gains (Losses)

Change In Net Assets

Net Assets At Beginning Of Year

Net Assets At End Of Year

$0.00 ($0.50)
$1,485.10

$1,484.60

Budget to Actual
For the Month Ending 03/31/2021

Year To Date
Actual	Budget	Variance	FY 2021
Adopted Budget

Revenues

Developer Contributions	$9,323.34		$12,262.50		($2,939.16)		$24,525.00	
Net Revenues	$9,323.34		$12,262.50		($2,939.16)		$24,525.00	

General & Administrative Expenses

Insurance	$2,882.00		$1,600.02		$1,281.98		$3,200.00	
Management	1,500.00		1,500.00		0.00		3,000.00	
Engineering	0.00		400.02		(400.02)		800.00	
District Counsel	3,403.43		4,249.98		(846.55)		8,500.00	
Audit	0.00		1,500.00		(1,500.00)		3,000.00	
Telephone	0.00		25.02		(25.02)		50.00	
Postage & Shipping	9.25		49.98		(40.73)		100.00	
Copies	0.00		49.98		(49.98)		100.00	
Legal Advertising	372.06		499.98		(127.92)		1,000.00	
Contingency	182.10		1,100.04		(917.94)		2,200.00	
Web Site Maintenance	800.00		1,200.00		(400.00)		2,400.00	
Dues, Licenses, and Fees	175.00		87.48		87.52		175.00	
Total General & Administrative Expenses	$9,323.84		$12,262.50		($2,938.66)		$24,525.00	
Total Expenses	 	$9,323.84		 	$12,262.50		 	($2,938.66)		 	$24,525.00	
Net Income (Loss)	($0.50)		$0.00		($0.50)		$0.00