MINUTES OF MEETING BELLA COLLINA
COMMUNITY DEVELOPMENT DISTRICT

The Regular Meeting of the Bella Collina Community Development District was held Thursday, August 13, 2020 at 9:30 a.m. via Zoom Teleconference.
Present and constituting a quorum were:

David Burman Duane Owen Dutch Holt Andrew Gorrill

Vice Chairman Assistant Secretary Assistant Secretary Assistant Secretary

Also present were:

George Flint Jan Carpenter Kristen Trucco Jeff Einhouse Alan Scheerer

District Manager District Counsel District Counsel District Engineer Field Manager

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order. Four members of the Board were present via the Zoom call, constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint: There are no members of the public in attendance.

THIRD ORDER OF BUSINESS	Approval of Minutes of the July 9, 2020
Meeting
Mr. Flint: We have approval of the minutes from the July 9, 2020 meeting. Did the Board have any comments, changes, or corrections to those? Hearing none,

On MOTION by Mr. Burman, seconded by Mr. Holt, with all in favor, the Minutes of the July 9, 2020 Meeting, were approved.

FOURTH ORDER OF BUSINESS	Public Hearing

Consideration of Resolution 2020-09 Adopting the Fiscal Year 2021 Budget and Relating to the Annual Appropriations
Mr. Flint: Next is the public hearing to consider adoption of the Fiscal Year 2021 Budget and the impositions of assessments associated with that budget. We will go ahead and open the public hearing. I will note for the record there are no members of the public here to provide comments. We will bring it back to for consideration and discussion on the resolution. The Board approved a proposed budget in the spring and set today as the date for the public hearing for its final consideration. We have complied with all the statutory requirements leading up to the public hearing. Exhibit 'A' is the proposed budget and there are no changes from the budget that was approved in the spring. There are no changes to the O&M Assessments and the debt assessments will remain the same. Are there any questions? Hearing none,

On MOTION by Mr. Holt, seconded by Mr. Gorrill, with all in favor, Resolution 2020-09 Adopting the Fiscal Year 2021 Budget and Relating to the Annual Appropriations, was approved.

Consideration	of   Resolution	2020-10	Imposing	Special	Assessments	and Certifying an Assessment Roll
Mr. Flint: The next item is a public hearing to consider imposing assessments that are associated with the budget you just adopted. The budget is attached  as Exhibit  'A', and Exhibit 'B' is the Assessment Roll with all the properties within the District reflected. There are no members of the public here to provide comment, so we will bring it back to the Board. Are there any questions? Hearing none,

On MOTION by Mr. Owen, seconded by Mr. Burman, with all in favor, Resolution 2020-10 Imposing Special Assessment and Certifying an Assessment Roll, was approved.

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2020-11
Related to Acceptance of Real Property
Mr. Flint: The next item, I understand we are not quite ready for Board consideration. This resolution is related to the contribution improvements and real property. In leu of debt assessments on the condos, the developer contributed to offset those. To close that loop we will need the Board to accept those contributions on the record, but I understand we are not ready to do that today.

Ms. Carpenter: George, we have things pretty much wrapped up, we just had a couple of questions on the Engineering side and DCS is getting us legals. So even ifwe don't have the legals next month we will have the resolution and the conveyance documents to be approved. So ifs just about ready, it will be out next month.
Mr. Flint: Good, thank you Jan.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Carpenter: We don't have anything else to report.

Engineer
Mr. Flint: Jeff, anything from the Engineer?
Mr. Einhouse: I do not have anything this morning.

District Manager's Report
Approval of the Check Register
Mr. Flint: You have the check register for July 1st through July 31st for the General Fund, Water and Sewer Reserves, and Board pay totaling $89,508. The detailed register is behind the summary. Did the Board have any questions on the Check Register? Hearing none,

On MOTION by Mr. Gorrill, seconded by Mr. Burman, with all in favor, the Check Register totaling $89,508, was approved.

Balance Sheet and Income Statement
Mr. Flint: You also have the balance sheet and income statement through June 30th. If there are any questions, we can discuss those.

Approval of Fiscal Year 2021 Meeting Schedule
Mr. Flint: Each year the Board has to approve an annual meeting schedule and we've provided a suggested one based on your past practice of meeting the second Thursday of each month at 9:30 a.m. at the Bella Clubhouse. We will make a note in here in the event we have to meet electronically, but we will run a separate notice if that's the case. Is the Board okay with the second Thursday?
Mr. Holt: I'll make a motion to maintain the same schedule of meeting on the second
Thursday of the month.

On MOTION by Mr. Holt, seconded by Mr. Gorrill, with all in favor, the Fiscal Year 2021 Meeting Schedule, was approved.

Presentation of Arbitrage Rebate Calculation Report
Mr. Flint: Next is the Arbitrage Rebate Calculation for the Series 2004 bonds. This is an IRS requirement. You hired Grau & Associates to perform the calculation. They have determined there is a negative rebate requirement of $2,540,000. That shows there are no arbitrage issues. Is there a motion to accept the report?

On MOTION by Mr. Holt, seconded by Mr. Gorrill, with all in favor, the, Arbitrage Rebate Calculation Report, was approved.

SBA Florida PRIME Monthly Summary Report
Mr. Flint: You have the State Board of Administration Summary Report. This is the fund the District invests it's surplus funds in run by the state. There is no action by the Board needed.

SEVENTH ORDER OF BUSINESS	Other Business
Mr. Flint: Are there any other items that the Board or staff would like to discuss that was not on the agenda? Hearing none,

EIGHTH ORDER OF BUSINESS
There being none, the next item followed.

NINTH ORDER OF BUSINESS

Supervisor's Request

Adjournment

Mr. Flint: If there's nothing else, is there a motion to adjourn?

On MOTION by Mr. Owen, seconded by Mr. Holt, with all in favor, the meeting was adjourned.

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