Bella Collina Community Development District

Agenda September 11, 2025

Agenda

Bella Collina
Community Development District

219 E. Livingston Street, Orlando FL, 32801 Phone: 407-841-5524 – Fax: 407-839-1526
REVISED AGENDA
September 4, 2025 Board of Supervisors
Bella Collina Community Development District

Dear Board Members:

The regular meeting of the Board of Supervisors of the Bella Collina Community Development District will be held Thursday, September 11, 2025 at 10:00 a.m. at the Siena at Bella Collina, 16300 County Road 455, Montverde, Florida. Following is the advance agenda for the regular meeting:

Roll Call
Public Comment Period
Approval of Minutes of the August 14, 2025 Meeting
Public Hearing
Consideration of Resolution 2025-11 Adopting Rate Structure for Wholesale Water and Wastewater and Amending the Water and Wastewater Utilities Policy Manual
Consideration of Agreements for Utility Related Services
RCM Utilities, LLC
Utility Repair Experts
Consideration of Series 2024 Requisitions #41 - #43
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
SBA Florida PRIME Monthly Summary Report
Field Manager’s Report
Consideration of Air Relief Valve (ARV) Installation Proposals - Added
RCM Utilities
Utility Repair Experts
Other Business
Supervisor’s Requests
Adjournment

The balance of the agenda will be discussed at the meeting. In the meantime, if you have any questions, please contact me.

Sincerely,

George S. Flint
George S. Flint District Manager

Cc:	Jan Carpenter, District Counsel Steve Boyd, District Engineer
Paul Simonson, DCS Real Estate Investments Enclosures

Minutes

MINUTES OF MEETING BELLA COLLINA
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Bella Collina Community Development District was held Thursday, August 14, 2025 at 10:00 a.m. at the Siena at Bella Collina, 16300 County Road 455, Montverde, Florida.

Present and constituting a quorum were:

Randall Greene David Burman
Duane “Rocky” Owen Andy Gorrill
Rick Scharich by phone
Also present were: George Flint
Jay Lazarovich
Xabier Guerricagoitia by phone
Robert Szozda Teresa Viscarra

Chairman
Vice Chairman Assistant Secretary Assistant Secretary Assistant Secretary

District Manager District Counsel District Engineer Field Manager GMS

Sydney Brackett	GMS

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order. Four Supervisors were present in person constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Mr. Flint: For the record, there are no members of the public present, just Board and staff.

THIRD ORDER OF BUSINESS	Approval of Minutes of the July 10, 2025
Meeting
Mr. Flint: You have approval of the minutes from your July 10, 2025 meeting. Are there any comments, corrections, or changes to those minutes? If not we would ask for a motion to approve those.

On MOTION by Mr. Greene, seconded by Mr. Owen, with all in favor, the Minutes of the July 10, 2025 Meeting, were approved, as presented.

FOURTH ORDER OF BUSINESS	Consideration of Series 2024 Requisitions
#37 – #40
Mr. Flint: The Series 2024 requisitions #37 through #40 are in your agenda package for review. We are asking the Board to approve these.

On MOTION by Mr. Greene, seconded by Mr. Burman, with all in favor, Series 2024 Requisitions #37 – #40, were approved.

FIFTH ORDER OF BUSINESS	Discussion and Review of Revised Policy
Manual for Water and Wastewater
Mr. Flint: Item 5 is discussion and review of the revised policy manual for the water and wastewater utilities. As you recall at your last meeting you set a rule and rate hearing for next month. As part of that rule and rate hearing, we will also be presenting a revised policy manual that dovetails with your rate schedule. We wanted to go ahead and make sure we presented the proposed changes to this policy to you today. Rob is going to go ahead and hit the highlights on that for you.
Mr. Szozda: The biggest driver is the change in rates that are coming. They were going to be effective 10/1 but we met with the developer this week, and they want to push that off to 11/1. So we have a decent amount of time between now and then before the implementation goes in. There is a rate schedule that is in the back that provides the current rates and the rates that are going to go in effect on 11/1, and then also anticipated the rates that are going to go into effect when the irrigation system is complete. When it comes online the cost dynamics change enough that we went ahead and did the second rate study. We should be good for several years as far as setting the rate for irrigation, sewage, and potable water. The other things that came into play, we added criteria for grinder station pump outs. We've had some repeat offenders. It seems like we're showing up once every six months, nine months, pumping out their station because they're full of oil. So now there's criteria. If that happens in less than two years we have the right to charge them the pump out fee.
Mr. Owen: Is this just people just dumping grease?
Mr. Szozda: I don't know. But it is largely the harder oils that are probably coming off of beef fats and pork fats and things like that.

Mr. Flint: But you can find grease, you can find wipes, you can find female products, a bunch of items.
Mr. Szozda: Yeah, and we've put out the message, we're going to continue to put out more messages on what can go down the drainage, it is basically nothing. Your water, your washing machine, your toilets, and toilet paper, that should be it. Other items, we've upped the cost of the 3/4-inch potable meter. We have to put a check valve on it in order to be compliant so that cost went up. Our after-hours rate has increased to $295 per occurrence. We're losing money every time somebody gets their water shut off and then they call at 6:00 p.m. and say they want it tonight. The fee we charge doesn't cover the cost of us going out there. So that went up to $295 per occurrence. Hopefully that encourages people to pay their bills on time and not have to call us out after hours. The previous manual, it really didn't break down the cup into both potable and irrigation. So that is now clearly broken down into what your allowable rates are. There will be communication going out to residents with this rate study that says here's where you are, here's your 12-month billing average, here's your bill today, here's going to be your bill in the future. Because having a super rig that comes in on that fourth or third block for irrigation and on the fourth block for water. That is now clear that there's two different limits. So you don't combine them.
Mr. Greene: So is that something we were doing incorrectly by lumping them together? Mr. Flint: No, they weren't lumped together. They were separate for irrigation and potable. Mr. Szozda: But the manual didn't address it.
Mr. Greene: Okay, got it.
Mr. Szozda: And then some of the backflow prevention criteria wasn't correct. We also moved the certification that has the one inch above ground rpz, the previous manual said one year. Regulation says two years, so I consulted with our Engineer and we are in agreement that it can be every two years. That's going to be one of our next enforcement activities is go run all those to ground. In general, the implementation period that we're going to invoke for taking action against people who are noncompliant to the water usage is going to be a six-month period. There will be a series of notifications going out to them. If you're not coming down after six months, we're going to have to shut off your water.
Mr. Greene: Don't we have an agreement with the POA now for enforcement?
Mr. Szozda: Yeah, this seems like an adjunct of that process to me. It talks on the bottom of page 11 about the enforcement for overuse.

Mr. Flint: I think the POA feels like their finding capability is not what we thought their finding capability was. We want the POA to assist with enforcement, but we realize that the CDD is going to have to take more of a primary role in the enforcement.
Mr. Burman: Yeah, the POA's finding capability really got diminished by some law changes a year or two ago. And unless it's stated clearly in the declaration, which this is not, they really have a hard time finding it.
Mr. Lazarovich: Aren't they going to enforce our rules? Because we drafted a Consumptive Use Enforcement Agreement with the POA previously.
Mr. Flint: They are going to enforce it but their finding abilities have been kind of weakened. Rob indicated that we're going to ramp up enforcement. The super rate is going to go into effect on November 1st. They're going to get hit financially starting November 1st. We're going to send out letters on people that are exceeding their allocation. Our ultimate recourse is to turn off the irrigation water. We don't want to do that on December 1st, we're going to educate for five or six months before we end up getting to that point.
Mr. Szozda: We're further investing in customer representation. I think everybody met Sydney coming in. Her primary mission is going to be Bella Collina administration of our programs and then also putting out work orders. We now have a work order system that we send to work out to our subcontractors and even to ourselves as far as getting work completed. Billing is going to go to another individual. We're going to have more people that can dedicate their time to what we need.
Mr. Owen: The fines that are levied, which fund will they be directed to?
Mr. Flint: Well, we don't levy fines. The CDD won't be levying the fines. But the additional revenue generated by the super rate will stay in the utility fund.
Mr. Owen: Thank you.
Mr. Flint: Our goal is that there won't be a lot of revenue generated from the super rate that will discourage usage. But we know that's likely not fully the case. We're going to realize some additional revenue as a result of this, but it's definitely not the goal. The goal is to discourage usage, but it'll stay in the utility fund.
Mr. Burman: And the super rate kicks in at a point when?
Mr. Flint: We have inclining block rates. There are four blocks for potable and for irrigation. We have a different super rate for the Hillcrest versus Pine Island and then the

commercial and then the condos, all based on allocations, have different super rates. We'll go into more detail on that at the rate hearing as well, when we present the rates for the rate hearing next month.
Mr. Szozda: On the potable side, it is a little more punitive. You don't use as much water over there. Its new block is $14 per 1000 gallons. On the irrigation side, where people could use hundreds of thousands, they move from basically $5 up to almost $8 - $7.91. We're not here to punish people. We're going to make phone calls. If it comes down to it and they don't answer anything, we'll knock on the door and see if we can have a conversation.
Mr. Scharich: I had a question. I couldn't hear a lot of what Rob said. One of the biggest complaints we have about utilities relative to the water there is that, somebody just mentioned customer service. I wondered if they could join the 21st century and allow calling credit cards or even online because new customer setups and switching the utilities has always been the number one complaint we receive from people coming into Bella Collina. The number one complaint has always been, for the water we had to drive to someplace in the middle of nowhere to set up in the house. That was years ago, but my understanding is as recently as last week, we had an occasion where a new customer couldn't set up their account either online or by phone.
Mr. Szozda: We are looking for improvements there. Our billing person happens to be sitting in here today. I did see some of that, it seemed it was rather authoritarian, like you have to have a check and it has to be sent here. I think we have the latitude to change this probably pretty quickly.
Ms. Viscarra: So we currently have for payment options the mail in of physical checks or they register their account online and they can pay by credit card online. We are currently undergoing the process to get the auto pay up and running. I think right now we're hoping in the next 60 days to have something up and running. That's kind of what we're aiming for where people would be able to set up the auto pay for automatic payments. We do have mail in and online credit cards for those that register currently and have for four years.
Mr. Flint: Yeah, that's to pay the monthly bill. I think maybe what Rick is referring to is the application process, initiating the account, probably especially paying the connection fees and those things.

Mr. Scharich: That's correct. We're on the third week trying to get this new service set up for this person. This goes back for years. I mean, virtually every utility company, you can call in and set it up or you can go online. I've been told we still can't do that here with CDD and the water.
Mr. Flint: We hear your concerns. We'll discuss that. I don't want to put Teresa or anybody on the spot at this meeting, but I do appreciate your comments, Rick. Rick is on the Board and he's also a builder. There are probably some improvements we can make in those processes to help with that and we'll work on that.
Mr. Szozda: In light of the discussions we're having before the meeting, everything seems like it's taken two weeks by mail to get anywhere here in Florida.
Mr. Flint: Yeah. The U.S. postal Service isn't what it used to be. Mr. Szozda: Okay, thank you, Rick. Appreciate that.
Mr. Flint: Between now and the next meeting if you have comments or questions on the policy manual we can make changes to it.
Mr. Szozda: On the enforcement side, there's a pretty simple statement. I didn't mess with it. This is basically, if you're not compliant, we can shut off your water. It says you shut it off until they're compliant. Well, if you're overusing water, I shut it off. So it's going to be kind of a three- to-five-day period. We're not here to kill anybody's landscaping. Hopefully they work with us and start heading in the right direction to dive under their allocations.
Mr. Flint: But there will be turn on and turn off fees. If the super rate doesn't get their attention, the turn on turnoff fee may not either.
Mr. Szozda: For conversation purposes, we took your allocation and divided by 12. We understand there will be months that they'll be over and there'll be months that they're under. We're really paying attention to the 12-month rolling average.
Mr. Flint: We're planning on a community meeting toward the end of September. We'll send a notice out to all the customers and we will have a town hall community meeting to go over all the rates before they go into effect on November 1st. People will have more than 30 days notice before the new rates go into effect. If they want to adjust their irrigation plaques and other things that they have control over, they'll have a chance to do that.
Mr. Szozda: It ends up being pretty good timing heading into November where people should be using less water anyways.

SIXTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Lazarovich: We're working to wrap up the utilities and agreements with Jim Boyd. There were four entities based on the new irrigation project. We'll try to get that wrapped up before the next meeting. That's all from me.
Engineer
Presentation of Annual Engineer’s Report
Mr. Guerricagoitia: Steve Boyd conducted a site visit to look at the District's facilities. He didn't find anything of note that it seemed like everything was being maintained and kept up. Really there was nothing to report as far as the District facilities go.
Mr. Flint: We continue, I think to have issues with the one area on drainage.
Mr. Szozda: that's on my list. Andy and I went and visited the site after last meeting and our intent is to get a truck out here and try to see what we can do to get it out of those lawns.

District Manager’s Report
Approval of Check Register
Mr. Flint: You have approval of the July check register in the amount of $1,081,882.69.
I’m happy to answer any questions.

On MOTION by Mr. Greene, seconded by Mr. Burman, with all in favor, the Check Register, was approved.

Balance Sheet and Income Statement
Mr. Flint: You have the unaudited financials through July 31st. There is no action required by the Board, just there for your review and an update as of July 31st for your accounts. On the general fund we're fully collected on our special assessments. Our actual costs slightly exceed our prorated budget. I think that has to do primarily with attorney fees. You can't really predict those. Those are based on demand. I think our legal advertising also exceeded it, with these rate hearings and public hearings that require the special advertising that has pushed us over there.

SBA Florida PRIME Monthly Summary Report
Mr. Flint: The last thing I have is the update, the monthly summary for the Florida Prime investment account.

Field Manager’s Report
Mr. Szozda: We had an irrigation main break at 1:00 a.m., a resident called in that there was water blowing out near the creek loop. A tree must have blown enough over that it pushed its roots into the main and broke it. I have to give RCM a lot of credit. They came out and dealt with it and I think they've done a pretty good job. Everything is gone now and the cleanup work is left to you. We haven't received the bill on that yet. But they were here for a while and the tree went away. The irrigation system continues to be under construction. I think Jim finally got through at least some portion of the permit process. They're going to be starting more field installation there. The generator for the lift station, as far as the vendor knows, is still scheduled for delivery next week. They are having a bit of a permit issue themselves because of confusion on the address. They wouldn't issue it because they said the address didn't match. The address is actually close to the water plant and this of course, so hopefully we have a path forward there. He's going to let me know if he has any issues with trying to get that in place to get that installed here soon. We rebuilt two of the high-capacity pumps at the Pine Island water plant. We started this week on the rebuilding of one of the high-capacity pumps at Hillcrest. Two of the three at Pine Island have been rebuilt and the one bad one that has a backflow issue with this check valve is the one going under now. Next year we'll rebuild the rest of the ones at Hillcrest. Overall, the water and sewer system continues to operate efficiently. We believe we have a solution to some of our unknown pressure issues related to the grinder pumps. We'll go over the details of the calls for last month. We're going to make a device that allows us to read the actual pressure in the grinder station. When you're burning up stators it's probably back pressure although we know the pressure of the main is lower. But some of the configuration going into the main could create air pockets and create back pressure at the same time. Another effort is underway to put in additional ARVs (air release valves) to solve. There has been a recent surge of grinder station installation where the list was almost zero and then it popped up to 14. I think a fair amount of that has been worked off. RCM is our primary contractor for installations. We've integrated another smaller company; they recently installed their first grinder station. We have additional capabilities there now. We also called them out on an after-hours call for the lift station at Siena Towers. We end up having to lock the power box there, when both pumps come on, I think it went into alarm. Somebody heard the alarm, came, shut off the power and that shut off the control power. The pumps went out, got a call and came in. But in that process we did discover one of the pumps is blowing by. It's not pumping out completely and

that's probably why it went up. Utility Repair Experts is the other company we’re bringing in, they're going to go pull the pump and see if they can figure out where the blow by is there. I think that’s all I have.
SEVENTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Supervisor’s Requests
There being no comments, the next item followed.

NINTH ORDER OF BUSINESS	Adjournment
Mr. Flint: Is there a motion to adjourn?

On MOTION by Mr. Greene, seconded by Mr. Gorrill, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section IV

Section A

RESOLUTION 2025-11

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT
A RESOLUTION OF THE BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT ADOPTING RATE STRUCTURE FOR WHOLESALE WATER AND WASTEWATER; AMENDING POLICY MANUAL FOR WATER AND WASTEWATER UTILITIES; AND PROVIDING AN EFFECTIVE DATE

WHEREAS, the Bella Collina Community Development District (the “District”) provides water and wastewater utility service to the public; and

WHEREAS, the District has held a public hearing to receive the input of the public on proposed rates, fees, and charges and utility policies; and
WHEREAS, the District is authorized to adopt amendments, from time to time, Chapter II: Policy Manual for Water and Wastewater Utilities (the “Policy Manual”), to just and equitable rates, fees and charges, and utility policies for the provision of service by the District’s utility system;
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT AS FOLLOWS:

Section 1.  Amendment of Rate Tariffs. The District determines that the rates, fees and charges as set forth on the Rate Schedule attached to this Resolution as Exhibit “A”, and made a part of this Resolution, are just and equitable, and are hereby established as the Rate Schedule of the District.

Section 2.  Amendment of Utility Policies and Procedures. The District hereby amends the utility policies and procedures set forth in the Policy Manual for Water and Wastewater Utilities, attached to this Resolution as Exhibit “B”, and made a part of this Resolution, as the District’s utility policies and procedures.
Section 3. Effective Date. This Resolution shall take effect immediately upon its adoption.

DULY ADOPTED this 11th day of September, 2025.
BELLA	COLLINA	COMMUNITY DEVELOPMENT DISTRICT

ATTEST:

By:		
Secretary/Assistant Secretary

By:		
Chairman/Vice Chairman

EXHIBIT “A”

	
Oct 2025	Oct 2025	July 2026	July 2026
User Rates, Fees & Charges		Proposed		Proposed		Proposed		Proposed Water & Irrigation	Wastewater	Water & Irrigation	Wastewater	
Monthly Potable Water, Irrigation Water, & Wastewater
Base Facility Charges (by meter size) (1)					
3/4 inch	$	9.75	$	18.03	$	10.38	$	18.80	
1 inch	$	24.35	$	46.51	$	25.95	$	47.00	
1-1/2 inch	$	48.76	$	90.18	$	51.90	$	94.00	
2 inch	$	77.85	$	144.28	$	83.04	$	150.40	
3 inch	$	142.39	$	263.83	$	155.70	$	282.00	
4 inch
Retail Potable Water Usage Charge per 1,000 Gallons (per ERC) (2)	$	237.29	$	439.68	$	259.50	$	470.00	
Block 1 Charge (0 - 5,000 gal)	$	1.81		$	1.83		
Block 2 Charge (5,000 - 10,000 gal)	$	2.26		$	2.29		
Block 3 Charge (10,000 - 20,000 gal)	$	3.62		$	5.49		
Block 4 Charge (above 20,000 gal)
Wholesale Potable Water Usage Charge per 1,000 Gallons (per billed flow)	$

$	14.03

2.90		$

$	14.18

2.90		
Retail Wastewater Usage Charge per 1,000 Gallons							
Individually Metered Residential Service			$	7.57			$	6.14	
Non-resid. and Master-metered Resid. Svcs
Wholesale Wastewater Usage Charge per 1,000 Gallons (per billed flow)			$	7.57

$	6.01			$	6.14

$	6.01	
Retail Irrigation Water Usage Charge per 1,000 Gallons (per ERC)
(BLOCKS EFFECTIVE BEFORE 7/1/2026)							
Block 1 Charge (0 - 10,000 gal)	$	2.09					
Block 2 Charge (10,000 - 20,000 gal)	$	3.26					
Block 3 Charge (Above 20,000 gal)	$	7.91					
Retail Irrigation Water Usage Charge per 1,000 Gallons (3)
Hillcrest Residential				
Block 1 Charge		$	1.18	
Block 2 Charge
Block 3 Charge		$
N/A	7.91	
Pine Island Residential
Block 1 Charge
Block 2 Charge
Block 3 Charge
Hillcrest & Pine Island Non-Residential and Master-Metered Residential		
$	1.18
$	3.06
$	7.91	
Block 1 Charge		$		1.18	
Block 2 Charge		$		3.06	
Block 3 Charge		$		7.91	
Service Area / Lot Size (BLOCKS EFFECTIVE AFTER 7/1/2026)	Block 2		Block 3		
Hillcrest - Residential by lot size
All lots	
Above 4,000		
N/A		
Pine Island - Residential by lot size
< 3/4 Acre Lot	
4,001 - 9,000	
Above 9,000	
>3/4 Acre < 1 Acre Lot	11,001 - 23,000	Above 23,000	
> 1 Acre Lot	12,001 - 24,000	Above 24,000	
Non-Residential & Master-Metered Residential
Case-by-Case basis (set by District)	
See District		
See District		
Connection Fees	$	5,535.00	$  2,920.00	$	5,535.00	$  2,920.00	
Allowance for Funds Prudently Invested (AFPI)	$	1,003.00	$	529.00	$	1,003.00	$	529.00	
Wastewater Grinder Pump Fee (4)
Meter Installation Fee		$  6,855.00		$  6,855.00	
3/4 inch Potable Water Meter (5)	$	1,285.00		$	1,285.00		
1 inch Potable Water Meter (6) Above 1 inch Potable Water Meter
3/4 inch Irrigation Meter	$	1,080.00
Actual Cost (7)
$	975.00		$	1,080.00
Actual Cost (7)
$	975.00		
1 inch Irrigation Meter
Above 1 inch Irrigation Meter	$	1,080.00
Actual Cost (7)		$	1,080.00
Actual Cost (7)		
Miscellaneous Fees and Charges		Fee			Fee		
Monthly Customer Billing Charge
Application Fee	$		5.50	$		5.50	
Developer/Builder	$		50.00	$		50.00	
Customer
Turn-On/Turn Off Fees	$		25.00	$		25.00	
Normal Business Hours	$		90.00	$		90.00	

	
Oct 2025	
Oct 2025	
July 2026	
July 2026	
User Rates, Fees & Charges	Proposed	Proposed	Proposed	Proposed	
	Water & Irrigation	Wastewater	Water & Irrigation	Wastewater	
After Hours	$	295.00		$	295.00		
Wastewater System Clean-out	$	420.00		$	420.00		
Missing or Damaged Equipment Fees					
Padlock	$	20.00		$	20.00		
Locking Device	$	20.00		$	20.00		
Meter, any other than hydrant	Meter Install fee +		Meter Install fee +		
	est. usage		est. usage		
Meter Box - Lid Replacement	$	30.00		$	30.00		
Meter Box - Full Replacement	$	155.00		$	155.00		
Hydrant Meter	$ 500.00 + est. use		$ 500.00 + est. use		
Illegal Connection/Meter Tampering (8)					
First Offense	$ 980.00 + est.		$ 980.00 + est.		
	usage		usage		
Second Offense	$ 2,000.00 + est.		$ 2,000.00 + est.		
	usage		usage		
Third and Future Offenses	$ 2,000.00 + est.		$ 2,000.00 + est.		
	usage		usage		
Re-read Meter Fee / Leak Detection Fee	$	140.00	$	140.00	
Grinder Pump Start-Up Reschedule Fee	$ 250.00 per	$ 250.00 per	
occurrence	occurrence	
Dishonored Check Fees	
Checks up to $50.00	$	25.00	$	25.00	
$50.01 to $300.00	$	30.00	$	30.00	
$300.01 to $800.00	
$	40.00	$	40.00	
$800.01 and over	5% of face value of	5% of face value of	
check	check	
Meter Testing Fee (9)	$ 380.00 + cost	$ 380.00 + cost	
Premises Visit (in lieu of disconnecting)	$	110.00	$	110.00	
Meter Change out fee	$ 115.00 + cost	$ 115.00 + cost	
Data Logger	$	155.00	$	155.00	
Account Transfer Fee	$	75.00	$	75.00	
Late Payment Fee	$15.00 or 1.5% of	$15.00 or 1.5% of	
outstanding balance,	outstanding balance,	
whichever greater	whichever greater	
Plan Review Charge	$ 640.00 + Cost	$ 640.00 + Cost	
Inspection Charge	$ 50.00 + Cost	$ 50.00 + Cost	
Reinspection Charge	$	275.00	$	275.00	

Notes:	
(1) Potable and Irrigation water users are charged separate base facility	
(2) For Residential customers, 1 ERC per lot. For master metered residential	
and non-residential customers, ERCs as determined by District or District	
(3) Block allowances for combined lots = # of combined lots X block allowance for individual lot size of separate lot. For master metered residential	
and non-residential customers, ERCs as determined by District or District Engineer.	
(4) Installation costs not included	
(5) 3/4" Water meters include a dual check valve.	
(6) Requires a Reduce Pressure Zone (RPZ) installed by the builder or homeowner.	
(7) Actual Cost shall include labor and benefits, materials allowance for vehicle and equipment use, and administrative charges for 10% of the total	
cost of the potable or irrigation meter installation all as determined by the District.	
(8) Also applies to tampering/disrupting/damaging the service line/whip, curb	
(9) For initial trip & 1 meter tested. Additional meters tested for fee of $45.00/meter. In the event the meter is found to be faulty the fee will be	

EXHIBIT “B”

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT

POLICY MANUAL
FOR

WATER AND WASTEWATER UTILITIES

Adopted November 11, 2004
Revised April 13, 2006
Revised December 13, 2012
Revised September 1, 2025

TABLE OF CONTENTS
TITLE	PAGE
Purpose	1
Construction & Intent	1
Applicability	1
Definitions and Incorporation	1
Customer Policies & Procedures	5
Application	5
Approval	6
Acknowledgment	6
Customer Usage Fees	6
Billing	6
Payment	7
Concurrent Payment	7
Collections & Discontinuance of Service	7
Water Use Restrictions	7
Dispute Resolution	11
Developer Policies & Procedures	12
	2.6.1	Application	12	
	2.6.2	Approval	12	
	2.6.3	Developer Connection Fees	12	
	2.6.4	Developer Agreements	13	
	2.6.5	Payment	14	
	2.6.6	Dispute Resolution	14	
2.7	General	Service Policies	14	
	2.7.1	System, Facility and/or Service Availability	14	
	2.7.2	Service Continuity	15	
2.8	Limitations & Prohibitions	15	
2.9	System & Facility Installation	16	
2.10	Backflow Prevention	17	
	2.10.1	Purpose	17	
	2.10.2	District Representative	17	
	2.10.3	Technical Terms	17	
	2.10.4	Installation, Operation & Maintenance	21	
2.11	Metering	24	
	2.11.1	Installation, Operation & Maintenance	24	
	2.11.2	Meter Testing & Deposits	24	
2.12	Miscellaneous Provisions	25	
2.13	Developer Connection Fee	26	
	2.13.1	Use of Connection Fee Funds	26	
	2.13.2	Methodology of Connection Fee	26	
	2.13.3	Establishment of Connection Fee	27	
	2.13.4	Connection Fee Water and Wastewater ERC and Schedule	27	
2.14	Allowance for Funds Prudently Invested (AFPI) Charges	28	
	2.14.1	Use of AFPI Charges	29	
	2.14.2	Methodology of AFPI Charges	29	
	2.14.3	Establishment of AFPI Charge	29	
2.15	Wastewater Grinder Pump Fee	29	
2.16	Customer Usage Fees	29	
2.17	Miscellaneous Services Charges	29	
	2.17.1	Types of Miscellaneous Service Charges	30	
	2.17.2	Miscellaneous Service Charge Schedule	32	
	2.17.3  Meter Installation Fee	32	
*	Customer Service Application Form	Appendix	

1

Developer Connection Application Form	Appendix
TABLE A-1 Commercial ERC Factors	Appendix
TABLE A-2 Rate Schedule	Appendix
Grinder Pump and Alarm Panel Manual and Specifications	Appendix

Purpose. The purpose of this Water and Wastewater Utilities Policy Manual (“Manual”) is to establish the specific policies and procedures of the Bella Collina Community Development District (“District”) for the ownership, construction, operation and maintenance of water, wastewater and irrigation quality water systems, facilities and services, especially including matters related to conditions of connection, metering and service, fees, charges, rate structures and payment schedules, within and without the District’s boundaries, whenever systems, facilities or services are provided by or through the operation or jurisdiction of the District.

Construction and Intent. This Manual shall originally be incorporated and adopted as a rule of the District pursuant to chapters 190 and 120, Florida Statutes, and which rule shall be noticed and amended pursuant to same not less than ninety (90) days following a revision’s approval by the District Board of Supervisors. Therefor, adopted as a rule, this Manual is intended to supplement the General and Procedural Rules of the District but shall supplant such General and Procedural Rules were inconsistent with the clear terms hereof. Notwithstanding the foregoing, nothing shall prohibit the District in a given situation from applying incipient emerging policies not contained in this Manual nor adopted as a rule so long as such application is not clearly inconsistent with this Manual. Further, the provisions of this Manual are deemed severable and if any provision hereof is ruled unconstitutional or unlawful by order or declaration of a court or agency of competent jurisdiction, the remainder shall continue in full force and effect being deemed amended to the smallest degree possible in order to give effect to such continuance. Except as may be provided by law and expressly herein, this Manual is not intended and shall not be construed to create any legal or equitable rights whatsoever.

Applicability. This Manual, where and when as according to the express terms hereof and as permitted by controlling law, applies to govern the ownership, construction, operation, maintenance and service arrangements relating to water, wastewater and/or irrigation systems, facilities or services provided by or through the operation or jurisdiction of the District, regardless of who owns, constructs, operates, maintains or services such systems, facilities or services.
Definitions and Incorporation. The terms denoted as capitalized below shall have the attached meanings, and these meanings shall be deemed knowingly incorporated when similarly denoted and used within any agreement. Terms used in the present tense shall include the future and the singular includes the plural and vice versa.

“Allowance for Funds Prudently Invested (AFPI) Fee” means the one-time fee paid by a Developer or new Customer at the same time as payment of the Connection Fees to recover the pro rata share of the cost of carrying or financing the applicable capital cost of providing water, wastewater and irrigation quality water facilities in advance of and in anticipation of service to such Developer or new Customer, which fee will be determined by the District from time to time.

“Application Fee” means the one-time fee paid by a Developer or a Customer which accompanies the ‘Developer Connection Application’ form or ‘Customer Service Application’ form, as applicable, and which fee is generally non-refundable and which is intended to adequately offset the District’s cost to review, deny or approve such applications as provided herein.

“Base Facility Charge” means fixed monthly charges for water, wastewater and irrigation quality water service which are set based on a Customer’s meter size and shall also serve as the minimum bill for service.

“Commercial” means the commercial service class which includes all individually metered and master-metered connections used for non-residential (commercial, industrial and institutional) purposes and as distinguished from the Master-Metered Residential and Individually-Metered Single-Family Residential service classes.

“Connection Fee” means the fee paid by a Developer to reserve the requested water, wastewater and/or irrigation quality water capacity required to provide adequate service based on the number of ERCs attributable to the property requested to be connected, and which fee shall adequately offset applicable capital costs of water, wastewater and irrigation quality water service transmission, distribution and monitoring/treatment systems and facilities, and any future costs of expanding, improving or replacing same.
“Consumptive Use Permit (CUP)” – Permit that authorizes the Bella Collina CDD to withdraw water from the Lower Florida Aquifer and Lake Siena for the purpose of providing potable and irrigation water for the community. The CUP provides a specific volume authorized for withdraw for a defined period.

“Cross Connection” means a connection or a potential connection between any part of the potable water system and any other environment containing other substances in a manner that, under any circumstance, would allow such substance to enter the potable water system. Other substances may be, but not limited to, gases, liquids or solids such as chemicals, waste products, steam, water from other sources (potable or nonpotable), or any matter that may change the color or add odor to the water. Bypass arrangements, jumper connections, removable sections, swivel or changeover assemblies, or any other temporary or permanent connection arrangement through which backflow may occur are considered to be cross connections and are strictly prohibited within the District.

“Customer” means any natural person, firm, association, corporation, governmental agency or other entity public or private, who has applied to receive water, wastewater and/or irrigation quality water service, and whose application has been accepted by the District and who is liable to pay all fees and charges for such service as provided herein.

“Customer Billing Charge” means a fixed monthly charge applied to each Customer account receiving any utility service from the District to recover administrative billing costs of the District.

“Customer Installation” means all pipes, shut-offs, valves, fixtures, appliances and/or apparatus of every kind and nature located (or to be located) on a Developer’s or Customer’s side of the Point of Connection necessary for District to deliver water and/or irrigation quality water service or receive sewerage, which Customer Installation shall be owned, leased, constructed, installed, certified, operated, monitored, inspected, serviced and maintained in such manner as provided herein.

“Deposit” means an amount of money deposited with the District by a Customer or Developer as a condition of receiving water, wastewater and/or irrigation quality water service or of connecting to District water, wastewater and/or irrigation systems and facilities, as provided herein.
“Developer” means any natural person, firm, association, corporation, governmental agency or other entity public or private, whether the owner or leaseholder of a property, or a developer, builder, contractor, architect, engineer, or other authorized agent of an owner or leaseholder of a property, who has applied to connect a Customer Installation on a property to the water, wastewater and/or irrigation quality water systems, facilities and services of the District, whose application has been accepted by the District and who is liable to pay Connection Fees and AFPI for such connection as provided herein.

“Developer Agreement” means a written agreement executed by a Developer and the District setting forth in detail the mutual duties and obligations and the terms and conditions under which the District will, as applicable, equip or render water, wastewater and/or irrigation quality water systems facilities and/or service to a Developer as provided herein.

“District” means the Bella Collina Community Development District (formerly the Pine Island Community Development District), Lake County, Florida.
“Dwelling Unit” means a unit of buildings (or such portions thereof) on a property, regardless of whether and how connected to other units or buildings or portions thereof, as may be designed, arranged, used or capable of use as a separate and independent living quarters for one or more persons, where such living quarters shall contain sleeping, sanitary and primary kitchen facilities.

“Equivalent Residential Connection” or “ERC” means a number which corresponds to the equivalent usage requirements of an average Individually-Metered Single-Family Residential service class connection, i.e., one residential Dwelling Unit. The ERC is used as a factor to convert a given daily water, wastewater and/or irrigation quality water capacity requirement for a particular property to the equivalent number of Individually-

Metered Single-Family Residential connections, and serves as the baseline factor for establishing Connection Fees and other charges for the various service classes as provided herein.

“GPD” means the number of gallons per day.

“Individually-Metered Single Family Residential” means a service class consisting of individually-metered Dwelling Units designed, arranged, used or capable of use for residential purposes, including condominiums, townhouses or other similar-situated Dwelling Units where individually-metered, and as distinguished from the Commercial and Master-Metered Residential service classes.

“Irrigation quality water” means any water provided by the District and delivered to a Customer through the irrigation quality water system which shall be deemed sufficient for non-potable uses. For the purposes of this Manual, irrigation quality water will either be chlorinated water provided by the Hillcrest or Pine Island water plants, chlorinated water provided by surface water pump stations located on Lake Siena, or water from a well water system.

“Main” means a pipe, conduit, or facility used for conveying water, wastewater and/or irrigation quality water service through a Service Line or through other Main lines.

“Master-Metered Residential” or “Multi-Family Residential” are synonymous terms and mean the service class consisting of all master-metered connections for apartments, condominiums, cooperatives, quadraplexes, triplexes, duplexes, manufactured homes and mobile homes where designed, arranged, used or capable of use as multiple Dwelling Units (i.e. multi-family), and as distinguished from the Commercial and the Individually- Metered Single-Family Residential service classes.

“Meter Installation Fee” means a fee imposed by the District for installing a meter and meter box at a Developer’s or Customer’s Point of Connection.

“MGD” means million gallons per day.

“Point of Connection” means the point at which the District’s piping, fittings and valves connect with a Developer’s or Customer’s piping, fittings and valves. Unless otherwise provided, the Point of Connection for water and/or irrigation quality water service shall be at the discharge side of the water meter. Unless otherwise provided, the Point of Connection for wastewater service shall be at the upstream connection of the clean-out and in the absence of a clean-out shall be at the wastewater lateral connection to the wastewater Main Line of the District.

“Property of the District” means all portions of the water, wastewater and/or irrigation quality water utility infrastructure system utilized to provide water, wastewater and/or

irrigation quality water service to a Customer up to and including the metered connection or the connection at the sewer lateral. Property of the District also includes all buildings, facilities, vehicles, and other personal property which are owned or leased by and under the direct control of the District.

“Rate Schedule” means the schedule or classification of the rate of charge for all fees or charges, including Connection Fees, Customer Usage Fees, Metering Fees and Miscellaneous Service Charges associated with the District’s provision of water, wastewater and irrigation quality water systems, facilities and services.
“Reclaimed Water” means the treated effluent resulting from the wastewater treatment process which is used as a non-potable water source for the benefit of the Customers of the District, which such benefits including but not limited to, greenspace and golf course irrigation, use in manufacturing and cooling, and other related activities.

“Service Line” means the pipe between a District Main line and the Point of Connection to a Customer, and shall include, as applicable, all of the pipe, fittings, valves and other appliances or apparatus necessary to make a Point of Connection to a Customer Installation to provide timely requested service.
“System” means all infrastructure components of the water, wastewater and/or irrigation quality water utility systems which are the Property of the District utilized to provide water, wastewater and/or irrigation quality water service within the District’s service area.

“Usage Fee” means the fee(s) charged by the District and paid by a Customer for the water, wastewater and/or irrigation quality water service provided by the District and received by the Customer consisting of a Customer Billing Charge, Base Facility Charge and a monthly volumetric usage charge differentiated primarily by service class, meter size and amount(s) consumed based upon meter equivalency factors, and as shall be accounted and set forth monthly on a District utility service statement sent to the Customer. This Usage Fee expressly does not include any tax, fee, charge, assessment or other levy of any federal, state or local governmental entity that may be reflected on a statement and collected by the District pending disbursement to such entities, and which term does not include Connection Fees, Meter Installation and Test Fees and other Miscellaneous Service Charges set forth elsewhere herein this Manual.

Customer Policies & Procedures. The following provisions set forth the general procedures for a Customer to apply for water, wastewater and/or irrigation quality water service, the conditions of approval for such service, and the manner in which the Customer may receive, be billed for and pay for such service.
Application - A prospective Customer shall apply to receive water, wastewater and/or irrigation quality water service by submitting a fully executed ‘Customer Service

Application’ (a copy of which is contained in the Appendix to this Water Utilities policy manual) either by hand-delivery or by mail directed to the person(s) and address indicated at the bottom of the application or by email if requested by the customer. A $25.00 non-refundable Customer Application Fee shall accompany the application and such fee shall be tendered by check only made payable to the District. An application and/or further inquiry regarding same may be made by an owner, leaseholder or any other person authorized by an owner or leaseholder of property so long as the application or inquiry is accompanied by sufficient written evidence of legal right or authorization; the use of such water, wastewater and/or irrigation quality water service by a principal shall constitute ratification of an application made by an agent or other authorized person. All inquiries regarding an application shall be made in person or by mail directed to the person(s) and address indicated on the application. At time of receipt of application or within 1 business day therefrom, the District shall make a copy of this Manual available to the prospective Customer (by mail or email).

Approval - ‘Customer Service Applications’ shall be processed and approved or denied within five (5) business days of their receipt by the District. The District shall notify a prospective Customer of the decision on an application and in the event an application is deemed incomplete or insufficient, the District shall notify a prospective Customer in writing of such deficiency and the prospective Customer shall have thirty (30) days from the date such notification was sent to remedy the deficient application; otherwise, a prospective Customer shall be required to execute and tender a new ‘Customer Service Application’ along with another Application Fee as set forth hereinabove in order to apply for service. Further, the District reserves the right to deny an application or refuse service to any prospective Customer for any lawful reason, but shall refund the Application Fee if service is denied on the basis that the District’s systems and facilities lack sufficient capacity to provide the requested service, regardless of whether the insufficiency is temporary or permanent.

Acknowledgment - After approval of a ‘Customer Service Application’ but before service shall be rendered by the District or received by a prospective Customer, the prospective Customer shall sign a statement acknowledging Customer’s receipt, sufficient review time, understanding and contractual agreement to the terms of this Manual including waiver of rights as may be applicable.

Customer Usage Fees - There shall be a monthly charge imposed for water, wastewater and/or irrigation quality water service composed of a Base Facility charge for potable, wastewater and irrigation quality water and also a volumetric consumption charge differentiated primarily by service class, meter size and amount(s) consumed, with the particular Customer Usage rates and schedules, including those for temporary or construction service only, set out hereafter in this Manual.
Billing - The District’s fees and charges to the Customer for water, wastewater and/or irrigation quality water service for the previous month’s service, including all applicable federal, state and local taxes, assessments, fees and charges, shall be billed monthly no later than the tenth (10th) day of the month following the month in which services were rendered. The

District shall generally bill by mail, but reserves the right in the future to implement an electronic billing/payment system or other billing mechanism in order to reduce costs. Notwithstanding, the fact that a bill is not received by a Customer does not reduce the obligation and liability of a Customer to pay for all water, wastewater and irrigation quality water service actually received.

Payment - Payment for all Customer fees and charges may be made in person at the District offices or by mail directed to the District offices and may be made by check only made payable to the District, but the District reserves the right to refuse payment for any lawful reason. In the future event the District implements an electronic billing and payment system or other billing mechanism, payments may be made pursuant to such system.

Concurrent Payment - When any combination of water, wastewater and/or irrigation quality water service are provided by the District, payment of any one service bill rendered by the District to a Customer shall not be accepted by the District without the simultaneous or concurrent payment of all other services bills rendered by the District. The District may discontinue all service to the Customer’s premises for non-payment of any portion of water, wastewater and/or irrigation quality water service of if payment is not made concurrently. The District shall not reestablish or reconnect water, wastewater and/or irrigation quality water service until such time as all water, wastewater and/or irrigation quality water service bills and all applicable charges are paid.

Collections and Discontinuance of Service - All fees and charges for water, wastewater and/or irrigation quality water service are due and payable on the date as shall be indicated on a Customer’s bill. If not paid timely, a Customer’s account shall be deemed delinquent twenty-one (21) days from the date of billing by the District and shall accrue interest at the rate not to exceed eighteen percent (18%) compounded annually, or the maximum rate then permitted by law, whichever is greater, from the date of delinquency. The District may collect any and all bills or delinquent Customer accounts by any lawful means including judicial or administrative process; and, in addition, the District may discontinue or shut off service to a property when a delinquency is associated with the Customer account has continued for a period of twenty-one (21) days or longer so long as written notice or posted notice is provided to the Customer at least five (5) days prior to the date of discontinuance. In the event a Customer’s check is returned due to insufficient funds on account at the drawer, the District will impose a dishonored check fee against a Customer’s account as set forth in the Rate Schedule of Miscellaneous Service Fees contained elsewhere in this Manual. Further, the initiation of continuation or resumption of water, wastewater and/or irrigation quality water service to the Customer’s premises shall constitute the initiation or continuation or resumption of water, wastewater and/or irrigation quality water service to the Customer’s premises regardless of occupancy. In response to discontinuation of service, the District may require a deposit in order to secure payment of current bills provided.

Water Use Restrictions - The St. Johns River Water Management District (“SJRWMD”) has issued the following consumptive use permits that regulate water consumption

within the Bella Collina Community Development District (“CDD”) (formerly the Pine Island Community Development District):
Consumptive Use Permit No. 50115, amended August 25, 2022 for the Pine Island PUD (a.k.a. “Bella Collina East”). Bella Collina East represents that portion of the CDD that lies east of County Road 455; and
Consumptive Use Permit No. 2900, amended August 12, 2022 for Hillcrest PUD (a.k.a. “Bella Collina West”). Bella Collina West represents that portion of the CDD that lies West of County Road 44.

These permits are referenced collectively hereafter as (“Permits”).

The above Permits contain Water Conservation Requirements with which all users of the CDD’s systems and facilities (“Customers”) must comply. These Water Conservation Requirements/Restrictions, as they may be amended from time to time by the SJRWMD, are incorporated into these Policies and Procedures and are summarized below:
Low volume toilets and showerheads must be incorporated into all residential plumbing systems.
In the event that the SJRWMD declares a water shortage, all community residents must adhere to the water shortage restrictions issued by the SJRWMD.
All Customers must adhere to the landscape irrigation requirements specified in SJRWMD section 40C-2.042(2), Florida Administrative Code. These landscape irrigation requirements, as they may be amended from time to time, are summarized as follows:
Landscape irrigation watering is restricted to ONLY when needed because of lack of rainfall and shall not occur between 10 a.m. and 4 p.m.
Landscape irrigation watering shall occur for no more than one hour per zone and no more than ¾-inch of water per zone per irrigation day.
During Daylight Saving Time, landscape irrigation is limited to no more than two days per week. Residential Customers with odd numbered addresses may water on Wednesday and Saturday, while Residential Customers with even numbered addresses may water on Thursday and Sunday. Non-Residential Customers may water on Tuesday and Friday. Daylight Saving Time: Second Sunday in March until first Sunday in November.
During Eastern Standard Time, landscape irrigation is limited to no more than one day per week. Residential Customers with odd numbered addresses may water on Saturday, while Residential Customers with even numbered addresses may water on Sunday. Non-

Residential Customers may water on Tuesday. Eastern Standard Time: First Sunday in November until second Sunday in March.
Customers irrigating with an automatic lawn irrigation system shall install, maintain and operate a rain sensor device or other switch that overrides the system when adequate rainfall has occurred.
Exceptions to the above restrictions are summarized as follows:
Irrigation using a micro-spray, micro-jet, drip or bubbler irrigation system is allowed anytime.
Watering in of chemicals, including insecticides, pesticides, fertilizers, fungicides and herbicides when required by law, the manufacturer, or best management practices, is allowed anytime within 24 hours of application. Watering in of chemicals may not exceed ¼-inch of water per application except as otherwise required by law, the manufacturer, or best management practices.
Irrigation systems may be operated anytime for maintenance and repair purposes not to exceed twenty (20) minutes per hour per zone.
Irrigation of new landscape is allowed at any time of day on any day for the initial 30 days and every other day for the next 30 days for a total of one 60-day period, provided that the irrigation is limited to the minimum amount necessary for landscape establishment.
Irrigation using a hand-held hose equipped with a spray nozzle that can be adjusted so water flows only as needed is allowed anytime.
Discharge of water from a water-to-air air conditioning unit or other water-dependent cooling system is not limited.

For Residential Customers located in Bella Collina East, maximum allowable irrigated area per residential lot is summarized as follows:
For lots that are 1-acre or greater in total size, the maximum allowable irrigated area is 17,424-square feet..
For lots that are at least ¾-acre but less than 1-acre in total size, the maximum allowable irrigated area is 16,335-square feet.
For lots that are less than ¾-acre in total size, the maximum allowable irrigated area is 6,534-square feet.

For Residential Customers located in Bella Collina West, the maximum allowable irrigated area per residential lot is 2,040 square feet.

For Customers located in Bella Collina East, the maximum allowable water usage by Customer type is as follows:
For Residential Customers located in Bella Collina East, the maximum allowable water usage per residential lot is as follows:

For lots that are 1-acre or greater in total size, the potable water usage shall not exceed 169,660 gallons during any 12 consecutive month period and the irrigation water usage shall not exceed 286,640 gallons during any 12 consecutive month period.
For lots that are at least ¾-acre but less than 1-acre in total size, the potable water usage shall not exceed 169,675 gallons during any 12 consecutive month period and the irrigation water usage shall not exceed 268,725 gallons during any 12 consecutive month period.
For lots that are less than ¾-acre in total size, the potable water usage shall not exceed 169,810 gallons during any 12 consecutive month period and the irrigation water usage shall not exceed 107,490 gallons during any 12 consecutive month period.
For Non-residential Customers located in Bella Collina East, the maximum allowable water usage during any 12 consecutive month period shall be established on a case-by-case basis by the District .

For Customers located in Bella Collina West, the maximum allowable water usage by Customer type is as follows:
For Residential Customers located in Bella Collina West, the maximum allowable potable water usage per residential lot shall not exceed 161,764 gallons during any 12 consecutive month period and the irrigation water usage shall not exceed 39,336 gallons during any 12 consecutive month period.
For Non-residential Customers located in Bella Collina West, the maximum allowable water usage during any 12 consecutive month period shall be established on a case-by-case basis by the District .
Individual irrigation wells are not permitted

The soil amendment Profile™ (or equivalent soil amendment) shall be incorporated into the cleared portion of all residential lots. The application of Profile™ (or equivalent soil amendment) shall conform to the manufacturer’s recommendations.

St. Augustine grass shall not be planted. Homeowners shall use drought- tolerant Zoysia grass.

All residential landscape plans must be signed and sealed by a Florida Registered Landscape Architect and must be submitted to the Bella Collina Property Owners Association’s (POA’s”) Architectural Control Board for review.

All residential landscape plans must be approved by the POA’s Architectural Control Board before commencement of work.

All residential landscaping shall comply with the Plant List specified in the Bella Collina Residential Design Guidelines, dated June 1, 2004 (or latest revision) and as periodically amended.

Micro-irrigation techniques shall be used in locations where they can be used efficiently, such as in planting bed areas.
Irrigation systems shall be zoned according to plant water requirements. For example, lawns and shrubs shall be placed on separate irrigation zones.

Irrigation systems shall be designed to prevent overspraying onto impervious surfaces (such as driveways and sidewalks).

Irrigation systems shall incorporate an automatic shut-off rain sensor.

In the event that the CDD determines that a Customer is violating the Water Conservation Requirements, the CDD shall provide the Customer a written notice or posted notice of such violation requiring the Customer to come into compliance within five (5) days (“First Warning”). If the Customer does not come into compliance as required in the First Warning, the CDD shall impose a compliance charge of $50.00 on the Customer’s monthly invoice and shall provide Customer a second written notice or posted notice of continued non-compliance requiring the Customer to come into compliance within five (5) days (“Second Warning”). If the Customer does not come into compliance as required in the Second Warning, the CDD may discontinue or shut off service to the Customer’s property so long as written notice or posted notice is provided to the Customer at least five (5) days prior to the date of discontinuance. The CDD shall not reestablish or reconnect water service until such time as the Customer comes into compliance with the Water Conservation Requirements and the Customer pays an additional Compliance and Reconnection charge of $90.00 to the CDD. Neither the CDD, SJRWMD, POA, nor the developer of the Bella Collina community shall be liable to any Customer for any damage to lawns, shrubs, plantings and other landscape due to issues relating to irrigation.

Dispute Resolution - All Customers shall make any dispute in writing and shall forward same certified mail return receipt requested to the Chairman of the Board of Supervisors with a copy to the District Manager directed to the District’s offices. The District Board of Supervisors, at the next regularly scheduled meeting occurring at least ten (10) days after a dispute has been received by the Board, shall take up the dispute and shall, in consultation with counsel, decide if the dispute is one whereby the substantial interests of a Customer having standing may be affected. Disputes not involving substantial interests may be decided in accordance with reasonable measures effected pursuant to all law and with regard for due process on the advice of counsel.

Developer Policies & Procedures. The following provisions set forth the general procedures for a Developer to connect to the District’s systems and facilities in order to facilitate water, wastewater and/or irrigation quality water service to a property, the conditions of approval for such connection, and the manner in which the Developer may receive and pay for such connection.

Application - A prospective Developer shall apply to connect to the District’s water, wastewater and/or irrigation quality water systems and facilities to facilitate service by submitting a fully executed ‘Developer Connection Application’ (a copy of which is contained in the Appendix to this Water Utilities policy manual) either by hand-delivery or by mail directed to the person(s) and address indicated at the bottom of the application. A $50.00 non-refundable Developer Application Fee shall accompany the application and such fee shall be tendered by credit card, debit card or check only made payable to the District. An application and/or further inquiry regarding same may be made by an owner, leaseholder or any other person authorized by an owner or leaseholder of property so long as the application or inquiry is accompanied by sufficient written evidence of authorization. All inquiries regarding an application shall be made in person or by mail directed to the person(s) and address indicated on the application.

Approval - ‘Developer Connection Application’ forms shall be processed and approved or denied within ten (10) business days of their receipt by the District. The District shall notify a prospective Developer of the decision on an application and in the event an application is deemed incomplete or insufficient, the District shall notify a prospective Developer in writing of such deficiency and the prospective Developer shall have sixty (60) days from the date such notification was sent to remedy the deficient application; otherwise, a prospective Developer shall be required to execute and tender a new ‘Developer Service Application’ along with another Application Fee as set forth hereinabove in order to apply for connection. Further, the District reserves the right to deny an application or refuse connection to any prospective Developer for any lawful reason, but shall refund the Application Fee if service is denied on the basis that the District’s systems and facilities lack sufficient capacity for connection or to provide the eventual anticipated level of service, regardless of whether the insufficiency is temporary or permanent.

Developer Connection Fees - In general, after approval of an application but before a connection is made to a Customer Installation, a Developer shall pay the required Connection

Fee(s) attributable to the requested property as set forth hereinafter. No Developer or Customer shall have any right to receive service or to connect to the District’s water, wastewater and/or irrigation quality water systems and facilities without payment of the requisite Connection Fee(s) as provided herein this policy manual.

Developer Agreements - Notwithstanding the foregoing, where a Developer has a phased plan of development or intends to develop property or properties over a period of more than one (1) year, the District may, at its option, enter into a Developer Agreement with a Developer which agreement would be intended essentially to provide for a schedule by which payments for Connection Fees are to be made over time in line with the plan of development and may include such other reasonable provisions as desired by the District or the Developer where same are acceptable to the District. A Developer desiring the District to consider entering into a Developer Agreement shall provide the District with reasonable documentation and/or assurances outlining: Developer work history and references; the plan of development including sufficiently detailed designs, drawings, plans, etc.; the status of all comprehensive planning zoning, permitting or authorizations for such development; the availability and/or status of financing; the marketing plan and price structure for the development; and, any other information which may be requested by the District. The District is under no obligation to enter into any Development Agreement and shall not be liable for any costs or claims of any Developer who requests but is unsuccessful at obtaining the District’s permission to enter into a Development Agreement. Prior to the District entering into any agreements to extend payment, and from time- to-time thereafter, the District shall identify a specific source of funds to be used relative to providing extended payments and the cost of such funds, including all expenses and costs incidental to obtaining or providing same, the interest rate that the District’s system will employ in offering extended payment with interest, and a reasonable estimation or description of the administrative costs or expenses associated with administering the extended payment alternative to the respective land(s).
All such Developer Agreements entered shall provide for a Deposit to be paid by a Developer in the amount of 20% of the total Connection Fees attributable to the plan of development which Deposit shall be applied to the outstanding balance at the point a plan of development is 60% complete where completeness is defined by the amount of Connection Fees paid as called for in the agreement. Further, all such agreements shall provide that all unpaid Connection Fees on connected property or properties constitute a lien and mortgage on such property from the date a connection is made and which lien and mortgage shall be granted and agreed to by the owner or owners of such property in such form as required by law which lien and mortgage may be noticed, recorded, collected or foreclosed upon in any manner authorized by law. Additionally, all Developer Agreements shall incorporate the terms of this policy manual by reference and all Developers shall be provided with a copy of this policy manual and shall sign a receipt indicating they have received same. Finally, a Developer Agreement shall provide for binding arbitration conducted pursuant to the Commercial Rules of the American Arbitration Association in the event the dispute resolution provisions set forth hereinafter fail to produce a result agreeable to the District or the Developer. In all other respects, Development Agreements may differ from Developer to Developer based on all reasonable factors, conditions

and circumstances then existing or in the future, and the fact the District has adopted this policy manual as a legislative matter shall not be construed to interfere with the District’s right to differentiate among Developers or developments as a contractual matter.

Payment - Payment for all Connection Fees may be made in person at the District offices or by mail directed to the District offices and may be made by check only made payable to the District, but the District reserves the right to refuse payment for any lawful reason. In the future event the District implements an electronic billing and payment system, payments may be made pursuant to such system. All future payments of Connection Fees as authorized in a Developer Agreement shall be made in accordance with the terms of such agreement.

Dispute Resolution - All Developers shall make any dispute in writing and shall forward same certified mail return receipt requested to the Chair of the Board of Supervisors with a copy to the District Manager directed to the District’s offices. The District Board of Supervisors, at the next regularly scheduled meeting occurring at least ten (10) days after a dispute has been received by the Board, shall take up the dispute and shall, in consultation with counsel, decide if the dispute is one whereby the substantial interests of a Developer having standing may be affected. Disputes not involving substantial interests may be decided in accordance with reasonable measures effected pursuant to all law and with regard for due process on the advice of counsel; all disputes involving substantial interests shall be handled pursuant to District General and Procedural Rule 1.6. Notwithstanding, the District and all Developers agree that in the event the dispute resolution provisions set forth hereinabove fail to satisfy either the District or a Developer, any and all further dispute which might otherwise be settled by an original or appellate judicial or administrative action, shall instead be resolved by and through arbitration conducted pursuant to the Commercial Rules of the American Arbitration Association, the results of which arbitration shall be binding on both the District and the Developer and agree the arbitrator is authorized to make an award of all costs and reasonable attorneys fees to the prevailing party in his or her discretion. All Developers agree that the provisions of this section governing dispute resolution constitute the sole process and remedy for any dispute related to “water utilities” (as such term is construed most generally) and agree to waive any and all right to proceed in any other judicial or administrative forum, state, federal or local, and to be bound by the terms of this section.

General Service Policies. The District will provide water, wastewater and/or irrigation quality water systems, facilities and/or service to Developer and Customers, as applicable, upon the following general terms:

System, Facility and/or Service Availability - Laterals and other appurtenant facilities necessary are the responsibility of a Developer or Customer. The installation of same may be made by a qualified contractor approved by the District or may be installed by the District at the expense of the Developer or Customer. In those instances where facilities are installed by an approved contractor, the District shall review all necessary engineering plans and related materials to ensure that the construction of such facilities shall be in accordance with District specifications.  Such review may be provided for a fee to the developer as may be

provided herein. Further, the District may, at its option, inspect all facilities installed by said contractor in return for a fee based on the provisions of this Manual. Should the District require the installation of a water, wastewater, and/or irrigation quality water main that is more than one pipe size larger than the required size to serve the user, then the District shall absorb such cost for oversizing. Further, all extensions will be made to the District’s systems and facilities in compliance with generally accepted design standards and this Manual.

All meters shall be installed by the District after the payment of all fees and charges identified in this policy manual, including approved Meter Installation Fees. Said Meter Installation Fees represent the cost to the District of installing a meter and meter box at the Point of Connection.
In those cases where the District perceives the opportunity for entry into the water system of potentially contaminated water the District may require back-flow preventors of a type and size approved by the District to be installed by the customer at their cost. The District will review the plans and inspect the installation work for a fee based on the provisions of this Manual. Should it be necessary for the District to install water or irrigation quality water service or sewer lateral for a Customer or Developer, the Customer or Developer shall be charged at actual cost of such installation. The actual cost will include, but not be limited to labor, equipment, machinery, vehicle usage, materials and supplies, allowance for administrative oversight and supervision, and other charges and/or costs as determined by the District.

In addition to the above charges, an approved Connection Fee charge shall be collected from all Developers as provided herein, Further, in addition to the Meter Installation Fee there shall be a variety of service charges imposed for various services provided by the District as provided herein.

Finally, the term “service” shall be construed to mean, in addition to the water, wastewater and/or irrigation quality water service provided to a Customer, the District’s ability to furnish same in a manner which conforms with all applicable federal, state and local law, rule and code.
Service Continuity - The District will use reasonable diligence to provide continuous water, wastewater, and/or irrigation quality water service, but shall not be liable to the Customer for failure or interruption of continuous water, wastewater, and/or irrigation quality water service. The District shall not be liable for any act or omission caused directly or indirectly by drought, flooding, strikes, labor troubles, accidents, litigations, breakdowns, system upsets, loss of electricity, shutdowns for emergency repairs, or adjustment, acts of sabotage, enemies of the United States, Wars, United States, state, municipal or other governmental interference, acts of God or other causes beyond its control. In the event of a planned service interruption or discontinuance not related to delinquency of payment, the District shall use reasonable diligence to provide all affected Customers not less than 24 hours written notice, except in cases of emergencies.

Limitations & Prohibitions. Water, wastewater, and/or irrigation quality water service purchased from the District shall be used by a Customer only for the purposes specified in the ‘Customer Service Application.’ Water, wastewater and/or irrigation quality water service shall be rendered to the Customer for the Customer’s own use and shall be provided directly from, or collected directly into, as applicable, the District’s Main lines.

In no case shall a Developer or Customer, except with the written consent of the District, extend his or her lines across a street, alley, lane, court, property line, avenue, or other way in order to furnish water, wastewater and/or irrigation quality water service to the adjacent property through one meter even though such adjacent property may be owned by such Developer or Customer. In case of such unauthorized extension, remetering, sale, or disposition of service, the Customer’s water, wastewater, and/or irrigation quality water service will be subject to discontinuance until such unauthorized extension, remetering, sale or disposition of service is discontinued and full payment is made to the District for water, wastewater, and/or irrigation quality water service rendered by the District (calculated on proper classification and rate schedules) and until reimbursement in full is made in full to the District for all extra expenses incurred for clerical work, testing, inspections, and penalties.

Connections to the District’s water, wastewater, and/or irrigation quality water system for any purpose whatsoever are to be made only by employees of the District. Any unauthorized connections to the Customer’s water, wastewater, and/or irrigation service shall be subject to immediate discontinuance without notice. Utility service shall not be restored until such unauthorized connection has been removed and until settlement has been made in full by the Customer with the District for all utility service estimated by the District to have been used by reason of such unauthorized connection. All such connections will be subjected to the applicable penalties as defined in this manual

System & Facility Installation. All Developer’s or Customer’s pipes, apparatus and equipment shall be selected, installed, used, maintained and/or extended in accordance with generally accepted design principles and standard practice and shall conform with this Manual and all applicable laws and regulations. The District shall not be responsible for the maintenance and operation of a Customer’s pipes and facilities. All Developers and Customers expressly agrees not to utilize any appliance or device which may adversely affect the quality or quantity of water, wastewater, and/or irrigation quality water service and the District reserves the right to immediately discontinue or withhold water, wastewater, and/or irrigation quality water service in the event such an apparatus or device is utilized.

No changes or increases in a Developer’s or Customer’s installation from those stated on the Developer Connection Application or Customer Service Application, as applicable, shall be made without the written consent of the District. A Developer or Customer shall be liable for any damage or harm, financial or otherwise, resulting from changing an installation without the District’s consent.

All Developer’s and Customer’s water, wastewater and/or irrigation quality water service Installations or changes shall be inspected upon completion by a competent authority of the District or recognized by the District to ensure that the piping, equipment, and devices have been installed in accordance with generally accepted design principles and standard practice, this Manual and all applicable laws and regulations. The District shall not render any utility service until and unless all required inspections have been made and all required permits issued by applicable authorities having jurisdiction, and only after the District has been furnished formal notice of compliance with same by such authorities.

Notwithstanding the above, the District reserves the right but has no obligation to inspect a Developer’s or Customer’s Installation prior to rendering water, wastewater, and/or irrigation quality water service, and from time to time thereafter, but assumes no responsibility whatsoever by reason thereof.
Backflow Prevention. All backflow prevention devices shall be installed, operated and maintained according to the following policies:

Purpose - The purpose of this section of the Manual is to: 1) protect the public potable water supply of the District from the possibility of contamination or pollution by isolating within the Customer’s internal distribution system(s) or the Customer's private water system(s) such contaminants or pollutants that could backflow into the potable water system; 2) promote the elimination or control of existing cross connections, actual or potential, between the Customer's in-plant potable water system(s) and non-potable water system(s) plumbing fixtures, and industrial piping systems; and 3) provide for the maintenance of a continuing program of cross-connection control that will systematically and effectively prevent the contamination or pollution of all potable water systems.

District Representative - The Chairman and Board of Supervisors shall be responsible for appointing a representative of the District who in turn will be responsible for the protection of the District’s potable water distribution system from contamination or pollution due to the backflow of contaminants or pollutants through the water service connection. If, in the judgment of the designated District representative an approved backflow-prevention assembly is required (at the Customer’s Point of Connection; or, within the Customer’s private water system) for the safety of the water system, the designated District representative or his/her designated agent shall give notice in writing to said Customer to install such an approved backflow- prevention assembly(s) at specific location on the Customer’s premises. The Customer shall immediately install such approved assembly(s) at the Customer’s expense; and failure refusal, or inability on the part of the Customer to install, have tested, and maintain said assembly(s) shall constitute grounds for the discontinuation of service to the premises until such requirements have been satisfactorily met. The designated District representative in charge of the water, wastewater and/or irrigation quality water system of the District is vested with the authority and responsibility for the implementation of an effective cross-connection control program and for the enforcement of the provisions of this Manual.

Technical Terms - As used herein this “Backflow Prevention” section of this Manual, the following terms shall have the denoted meanings:

“Approved” means accepted by the authority responsible as meeting an applicable specification stated or cited in this ordinance or as suitable for the proposed use.

“Auxiliary Water Supply” means any water supply on or available to the premises other than the District’s approved public water supply. These auxiliary waters may include water from any natural source(s), such as a well, spring, river, stream, harbor, and so forth; used waters; or industrial fluids. These waters may be contaminated or polluted, or they may be objectionable and constitute an unacceptable water source over which the water purveyor does not have sanitary control.

“Backflow” means the undesirable reversal of flow in a potable water distribution system as a result of a cross connection.

“Backpressure” means a pressure, higher than the supply pressure, caused by a pump, elevated tank, boiler, or any other means that may cause backflow.
“Backsiphonage” means backflow caused by negative or reduced pressure in the supply piping.

“Backflow Preventer” means an assembly or means designed to prevent backflow including those of the following four (4) types:
Air gap. The unobstructed vertical distance through the free atmosphere between the lowest opening from any pipe or faucet conveying water or waste to a tank, plumbing fixture, receptor, or other assembly and the flood level rim of the receptacle. These vertical, physical separations must be at least twice the diameter of the water supply outlet, never less than 1 in. (25 mm).
Reduced-pressure backflow-prevention assembly. The approved reduced- pressure principle backflow-prevention assembly consists of two independently acting approved check valves together with a hydraulically operating, mechanically independent pressure differential relief valve located between the check valves and below the first check valve. These units are located between two tightly closing resilient-seated shutoff valves as an assembly and equipped with properly located resilient-seated test cocks.

Double check valve assembly. The approved double check valve assembly consists of two internally loaded check valves, either spring loaded or internally weighted, installed as a unit between two tightly

closing resilient-seated shutoff valves and fittings with properly located resilient-seated test cocks. This assembly shall only be used to protect against a non-health hazard (that is, a pollutant).

Dual Check Device - The approved dual check device assembly consists of two springs loaded, independently operating check valves. This device shall only be used to protect potable water residential connections, one inch or less diameter.

“Contamination” means an impairment of a potable water supply by the introduction or admission of any foreign substance that degrades the quality and creates a health hazard.

“Cross Connection” means a connection or potential connection between any part of a potable water system and any other environment containing other substances in a manner that, under any circumstances would allow such substances to enter the potable water system. Other substances may be gases, liquids, or solids, such as chemicals, waste products, stream, water from other sources (potable or non-potable), or any matter that may change the color or add odor to the water.

“Cross Connections-Controlled” means a connection between a potable water system and a non-potable water system with an approved backflow-prevention assembly properly installed and maintained so that it will continuously afford the protection commensurate with the degree of hazard.
“Cross-Connection Control by Containment” means the installation of an approved backflow-prevention assembly at the water service connection to any customer's premises, where it is physically and economically unfeasible to find and permanently eliminate or control all actual or potential cross connections within the customer's water system; or it shall mean the installation of an approved backflow-prevention assembly on the service line leading to and supplying a portion of a customer's water system where there are actual or potential cross connections that cannot be effectively eliminated or controlled at the point of the cross connection.

“Hazard, Degree of” means an evaluation of the potential risk to public health and the adverse effect of the hazard upon the potable water system.

“Hazard-health” means a cross connection or potential cross connection involving any substance that could, if introduced in the potable water supply, cause death, illness, spread disease, or have a high probability of causing such effects.

“Hazard-plumbing” means a plumbing-type cross connection in a consumer's potable water system that has not been properly protected by an approved air gap or an approved backflow-prevention assembly.

“Hazard-nonhealth” means a cross connection or potential cross connection involving any substance that generally would not be a health hazard but would constitute a nuisance or be aesthetically objectionable, if introduced into the potable water supply.

“Hazard-system” means an actual or potential threat of severe damage to the physical properties of the public potable water system or the consumer's potable water system or of a pollution or contamination that would have a protracted effect on the quality of the potable water in the system.

“Industrial Fluids System” means any system containing a fluid or solution that may be chemically, biologically, or otherwise contaminated or polluted in a form or concentration, such as would constitute a health, system, pollution, or plumbing hazard, if introduced into an approved water supply. This may include, but not be limited to: polluted or contaminated waters; all types of process waters and used waters originating from the public potable water system that may have deteriorated in sanitary quality; chemicals in fluid form; plating acids and alkalis; circulating cooling waters connected to an open cooler tower; and/or cooling towers that are chemically or biologically treated or stabilized with toxic substances; contaminated natural waters, such as wells, springs, streams, rivers, bays, harbors, seas, irrigation canals or systems, and so forth; oils, gases, glycerin, paraffins, caustic and acid solutions, and other liquid and gaseous fluids used in industrial or other purposes for fire-fighting purposes.
“Pollution” means the presence of any foreign substance in water that tends to degrade its quality so as to constitute a nonhealth hazard or impair the usefulness of the water.
“Service Connection” means the terminal end of a service connection from the public potable water system, that is, where the water purveyor loses jurisdiction and sanitary control over the water at its point of delivery to the customer's water system. If a meter is installed at the end of the service connection, then the service connection shall mean the downstream end of the meter. There should be no unprotected takeoffs from the service line ahead of any meter or backflow-prevention assembly located at the point of delivery to the customer's water system. Service Connection shall also include water service connection from a fire hydrant and all other temporary or emergency water service connections from the public potable water system.

“Water-Potable” means water that is safe for human consumption as described by the public health authority having jurisdiction.

“Water-Non-Potable” means water that is not safe for human consumption or that is of questionable quality.
“Water-Used” means any water supplied by a water purveyor from a public potable water system to a consumer's water system after it has passed through the point of delivery and is no longer under the sanitary control of the water purveyor.

“Water System” means the water, wastewater and irrigation quality water system consisting of two parts: the utility system and the customer system. The utility system shall consist of the source facilities and the distribution system, and shall include all those facilities of the water under the complete control of the utility, up to the point where the customer's system begins. The utility source shall include all components of the facilities utilized in the production treatment, storage, and delivery of water to the distribution system. The utility distribution system shall include the network of conduits used for the delivery of water from the source to the customer's system. The customer's system shall include those parts of the facilities beyond the termination of the utility distribution system that are utilized in conveying utility-delivered domestic water to points of use.
Installation, Operation & Maintenance - No water service connection to any premises shall be installed or maintained by the water purveyor unless the water supply is protected as required by state laws and regulations and this Manual. Service of water to any premises shall be discontinued by the water purveyor if a backflow prevention assembly required by this Manual is not installed, tested, and maintained, or if it is found that a backflow- prevention assembly has been removed, bypassed, or if an unprotected cross connection exists on the premises. Service will not be restored until such conditions or defects are corrected.

The customer's system should be open for inspection at all reasonable times to authorized representatives of the District, state of Florida and governing local authorities to determine whether cross connections or other structural or sanitary hazards, including violations of these regulations, exist. When such a condition becomes known, the District Representative shall deny or immediately discontinue service to the premises by providing for a physical break in the service line until the customer has corrected the condition(s) in conformance with state law and local code relating to plumbing and water supplies and the regulations adopted pursuant thereto.

An approved backflow-prevention assembly shall be installed on each Potable Water Service Line to a customer's water system at or near the property line or immediately inside the building being served; but in all cases, before the first branch line leading off the service line. At a minimum, the following types of backflow prevention devices shall be installed on the Potable Water Service Line:

Residential connections of one inch diameter or less shall be equipped with a dual check device.
Residential connections greater than one inch diameter shall be equipped with a reduced- pressure principle backflow prevention assembly.
Non-residential  connections shall be equipped with a reduced-pressure principle backflow prevention assembly.

Backflow prevention assemblies shall also be installed wherever the following conditions exist:

In the case of premises having an auxiliary water supply that is not or may not be of safe bacteriological or chemical quality and that is not acceptable as an additional source by the (water commissioner or health authority), the public water system shall be protected against backflow from the premises by installing an approved backflow-prevention assembly in the service line, appropriate to the degree of hazard;
In the case of premises on which any industrial fluids or any other objectionable substances are handled in such a fashion as to create an actual or potential hazard to the public water system, the public system shall be protected against backflow from the premises by installing an approved backflow-prevention assembly in the service line, appropriate to the degree of hazard. This shall include the handling of process waters and waters originating from the utility system that have been subject to deterioration in quality.

In the case of premises having (1) internal cross connections that cannot be permanently corrected and controlled, or (2) intricate plumbing and piping arrangements or where entry to all portions of the premises is not readily accessible for inspection purposes, making it impracticable or impossible to ascertain whether or not dangerous cross connections exist, the public water system shall be protected against backflow from the premises by installing an approved backflow-prevention assembly in the service line

The type of protective assembly required under subsections i, ii. and iii. of section 2.10.4 of this Manual as set forth immediately hereinabove shall depend upon the degree of hazard that exists set forth as subsections iv. through ix. as follows:

In the case of any premises where there is an auxiliary water supply as stated elsewhere in this section which is not under the control of the District and it is not subject to any of the following provisions, the public water system shall be protected by an approved air-gap separation or an approved reduced-pressure principle backflow-prevention assembly.

In the case of any premises where there is water or substance that would be objectionable but not hazardous to health, if introduced into the public water system, the public water system shall be protected by an approved double check valve assembly.

In the case of any premises where there is any material dangerous to health that is handled in such a fashion as to create an actual or potential hazard to the public water system, the public water system shall be protected by an approved air-gap separation or an approved reduced-pressure principle backflow-prevention assembly. Examples of premises where these conditions will exist include sewage

treatment plants, sewage pumping stations, chemical manufacturing plants, hospitals, mortuaries, and plating plants.
In the case of any premises where there are "uncontrolled" cross connections, either actual or potential, the public water system shall be protected by an approved air-gap separation or an approved reduced-pressure principal backflow prevention assembly at the service connection.
In the case of any premises where, because of security requirements or other prohibitions or restrictions, it is impossible or impractical to make a complete in- plant cross-connection survey, the public water system shall be protected against backflow from the premises by either an approved air-gap separation or an approved reduced-pressure principle backflow-prevention assembly on each service to the premises.

In the case of any premises where, in the opinion of the District Representative, an undue health threat is posed because of the presence of extremely toxic substances, the District Representative may require an air gap at the service connection to protect the public water system. This requirement will be at the discretion of the District Representative and is dependent on the degree of hazard.

Any backflow-prevention assembly required herein shall be a model and size approved by the District. An approved dual check device shall mean an assembly that has been manufactured in full conformance with ASSE Standard 1024-2017 (Dual Check Backflow Preventers). Other approved backflow-prevention assemblies shall mean an assembly that has been manufactured in full conformance with the standards established by the American Water Works Association titled AWWA C510-17 (R21) -Standard for Double Check Valve Backflow- Prevention Assembly, and AWWA C511-17 (R21) -Standard for Reduced-Pressure Principle Backflow-Prevention Assembly, and have met completely the laboratory and field performance specifications of the Foundation for Cross-Connection Control and Hydraulic Research of the University of Southern California established by "Specification of Backflow-Prevention Assemblies"-Sec. 10 of the most current issue of the Manual of Cross-Connection Control. Testing laboratories will be added to an approved list as they are qualified by the District. Backflow preventers that may be subjected to backpressure or backsiphonage that have been fully tested and have been granted a certificate of approval by said qualified laboratory and are listed on the laboratory's current list of approved backflow-prevention assemblies may be used without further testing or qualification.

Except for dual check devices, it shall be the duty of the customer-user at any premises where backflow-prevention assemblies are installed to have certified inspections and operational tests made in accordance with the following frequencies: once every two (2) years for residential customers and once per year for non-residential customers. In those instances where the District deems the hazard to be great enough, certified inspections may be required at more frequent intervals. These inspections and tests shall be at the expense of the water user and shall be performed by the assembly manufacturer's representative, District personnel, or by a certified tester approved by the District. It shall be the duty of the designated District Representative to see that these tests are made in a timely manner. The customer-user shall notify the District in advance when the tests are to be undertaken so that the customer-user may witness the tests if so desired. These assemblies shall be repaired, overhauled, or replaced at the expense of the customer-user whenever said assemblies are found to be defective. Records of such tests, repairs, and overhaul shall be kept and made available to the Board of Supervisors. Installed dual check devices shall be refurbished or replaced at least once every five (5) to ten (10) years by the District.

Metering. All water and/or irrigation quality water meters shall be furnished by and remain the property of the District and shall be accessible and subject to its control.
Installation, Operation and Maintenance- A Developer or Customer shall provide meter space to the District at a suitable and readily accessible location within the premises to be served and also provide adequate and proper space for the installation of the meter and other similar devices. That portion of the Customer’s Installation for water and/or irrigation quality water service shall be so arranged to ensure that all water and/or irrigation quality water service shall pass through the meter. No temporary pipes, nipples or spaces are permitted and under no circumstances are connections allowed which may permit water and/or irrigation quality water to by-pass the meter or metering equipment.
All meters used for measuring quantity of water, and/or irrigation quality water delivered to a Customer shall be in good mechanical condition and shall be adequate in size and design for the type of service which they measure. Before being installed for the rendering of water, and/or irrigation quality water service to a Customer, every water and/or irrigation quality water meter, whether new, repaired, or removed from service for any cause, shall be adjusted to register within prescribed accuracy limits as set forth by the manufacturer’s specifications.

Meter Testing and Deposits - Any Customer may request a bench test of his or her water or irrigation quality water meter. The District may require a deposit to defray the cost of testing; such deposit shall not exceed the actual cost of performing the test. If the meter is found to register outside of the following prescribed accuracy limits, the deposit shall be refunded and the bills for the suspect period, not to exceed one (1) year, shall be adjusted.

	Accuracy Limits in Percentages		

Meter Type		Maximum Flow Rate	Intermediate Flow Rate	Minimum Flow Rate		
Repaired	

Displacement		98.5-101.5	
98.5-101.5	95-101.5		
90-101.5	
Current		97-102	None	95-102		90-102	
Compound*		97-103	97-103	95-103		90-103	
*	The minimum required accuracy for compound meters at any rate within the "changeover" range of flows shall be 85%.	

If the meter is found to register accurately within such accuracy limits, the District, as a service charge for conducting the meter test, shall retain the deposit.

Upon written request of a Customer, the District shall, without charge, make a field test of the accuracy of the water or irrigation quality water meter in use at the Customer’s premises provided that the meter has not been tested within one-half (1/2) of the following time frames:

Meter Size:

10 Years
8 Years
6 Years
4 Years
4 Years
3 Years
2 Years
1 Year

Maximum Interval Between Tests:

5/8"
3/4"
1"
1.5"
2"
3"
4"
6" or greater

Miscellaneous Provisions. The Customer shall exercise reasonable diligence to protect the District’s property on the Customer’s premises and shall not permit any person to have access to the District’s pipes and apparatus except as may be authorized by the District or by law. In the event of any loss or damage to property of the District caused by or arising out of carelessness, neglect, or misuse by the Customer, the cost of making good such loss or repairing such damage shall be paid by the Customer. Non-payment of the correction of the loss or repairing such damage by the Customer may result in the discontinuance of utility service by the District.

The Customer shall grant or cause to be granted to the District, and without cost to the District, all rights, easements, permits, and privileges which are necessary for the rendering of water, wastewater, and/or irrigation quality water service. Further, the duly authorized agents of the District shall have access at all reasonable hours to the premises of the Customer for the purpose of installing, maintaining, inspecting, or removing the District’s property or for performance under or termination of the District’s agreement with the Customer, and shall be construed to be a business licensee for such purposes.

Connection Fees. The following provisions specifically govern all substantive and procedural aspects of Connection Fees (as defined and described herein) and shall control to the extent of any inconsistency with any general provisions hereof this policy manual:

Use of Connection Fee Funds - All revenues derived from the imposition of Connection Fees described within this Manual shall be accounted for in separate capital requirement accounts apart from the other reserves received for providing service by the District and shall be expended from such accounts only for the purpose of improving, extending or oversizing, separating or constructing, new additions to the respective utility system (expansion projects), treatment plant or collection and interceptor systems, or part thereof as authorized by the District’s Board of Supervisors. No part of such revenue generated by the Connection Fees shall be budgeted or used for the operating expenses of the System. Connection Fees may be used by the District to fund the repayment of the cost of financing and debt service associated with an allowable purpose above.
Methodology of Connection Fee - The Connection Fees established in this Manual are established in accordance with a predetermined average necessary level of service capacity calculated on an average daily flow basis figured in terms of gallons per day differentiating between service classes by and through the use of Equivalent Residential Connections as according to the formula below and in accordance with the following general principles:

Average Dependable Daily Capacity
Expressed on a GPD basis	Water Rate per ERC
Water Fee	=	X
350
Average Dependable Daily Capacity
Expressed on a GPD basis          Wastewater Rate per ERC Wastewater Fee	=	X
280
Average Dependable Daily Capacity
Expressed on a GPD basis          Irrig. Water Rate per ERC Irrigation quality water Fee	=	X
350
If the development served by a single meter or master meter includes Commercial use, then the Connection Fee for such Commercial use as established herein will be determined in accordance with this Manual and Table A-1 and added to the Individually-Metered  Single-Family  Residential  or  Master-

Metered Residential Connection Fee to reach the total Connection Fee.
All ERC values shall be calculated to the nearest one-hundredth (.01) ERC for Developer Connection Application purposes, and in no event shall a Connection Fee for Commercial water, wastewater, and/or irrigation quality water service be less than one
(1) ERC.
For the Commercial service class, rates are to be calculated in accordance with Table A-1. If no water and wastewater capacity estimates are provided in such Table A-1, the District reserves the right to estimate the average dependable daily capacity as referenced in this section and determine the appropriate Connection Fee to be charged for such service.
The District reserves the right to review the amount of water and/or wastewater consumption during the first eighteen (18) months of service and shall bill to the Developer any adjustment to the water and wastewater Connection Fees for capacity use in excess of amounts which have been paid by the Customer or the Developer. Any additional Connection Fee payments shall be billed to the Customer or Developer at the same rate that was initially billed at time of building permit issuance.
Establishment of Connection Fee - A Connection Fee is hereby established based on Equivalent Residential Connections (“ERC”) and individually calculated as set forth herein based on the following levels of service:
Levels of service for the purposes of the establishment of rates and charges as provided herein this chapter, the following level of service expressed on an average dependable daily capacity flow (ADF), gallons per day (GPD) basis for a single ERC shall be as follows:

i.	Water	=	350 GPD	
ii.	Wastewater	=	280 GPD	
iii.	Irrigation	=	350 GPD	

Connection Fee Water and Wastewater ERC and Schedule – The water and wastewater Connection Fee ERC schedule for each service class are as follows:
Individually-Metered Single-Family Residential Service Class:
Per Dwelling Unit	1.00 ERC

Master-Metered Residential Service Class:
Per Dwelling Unit	0.67 ERC

Commercial Service Class: The rate of the Connection Fee charged for the Commercial service class shall be calculated in accordance with the requirements and guidelines contained at Table A-2 in the Appendix to this policy manual. An example of such a calculation on an ERC basis for this class of service follows:

Example: Assume a hospital with 100 beds.		
Flow Value (see s. 22 of Table A-1):		
(100 beds) x (0.714 ERCs/BED)		
+ (3meals/day/bed) x (100 beds) x (0.018 ERCs/meal)	=	71.40 ERCs	
Total ERCs Calculated	=	+ 5.40 ERCs	
Total ERCs for Fee Determination	=	76.80 ERCs	

Master-Metered Residential Service Class and Commercial Service Class:
The Connection Fee shall be based on the amount of pervious or irrigable property, as determined by the District whereby the connection fee based upon the number of ERCs shall be determined by the following formula:

Irrigable Area (pervious surface in sq. ft.) x 11 ERCs/acre x Connection Fee per ERC 43,560 sq. ft. per Acre

ERC factor per acre was based upon an average application rate of one inch (1") per week and a level of service of 350 gpd. In no event will the irrigation quality water service impact fee be less than one (1) ERC.

An example of the connection fee calculation on an ERC basis for this class of service follows:

Example:	Assume Homeowner Association with 10,000 square feet of irrigable space.

  10,000  X 11 ERCs per acre

43,560

=

2.5 ERCs

Allowance for Funds Prudently Invested (AFPI) Charges. The following provisions specifically govern all substantive and procedural aspects of AFPI Charges (as defined and described herein) and shall control to the extent of any inconsistency with any general provisions hereof this Manual:

Use of AFPI Charges - All revenues derived from the imposition of AFPI Charges described within this Manual shall be accounted for in separate capital requirement accounts apart from the other reserves received for providing service by the District and shall be expended from such accounts only for the purpose of improving, extending or oversizing, separating or constructing, new additions to the respective utility system (expansion projects), treatment plant or collection and interceptor systems, or part thereof as authorized by the District’s Board of Supervisors. No part of such revenue generated by the AFPI Charges shall be budgeted or used for the operating expenses of the System. AFPI Charges may be used by the District to fund the repayment of the cost of financing and debt service associated with an allowable purpose above.

Methodology of AFPI Charges - The AFPI Charges established in this Manual are established under the same methodology as Connection Fees described herein above.

Establishment of AFPI Charge - An AFPI Charge is hereby established based on Equivalent Residential Connections (“ERC”) and individually calculated in the same manner as set forth for Connection Fees described herein above.

Wastewater Grinder Pump Fee. Customers shall pay a one-time Wastewater Grinder Pump fee to reimburse the District for the actual capital cost of the pump and supporting system components. Once the District has approved the Developer/Customer application and the appropriate fees have been paid, the Developer/Customer will be provided with a release from that can be used to pick up the pump from the supplier.
It is the Developer/Owners responsibility to install the Wastewater Grinder Pump. A manual, specifications and installation diagrams are included as in the Appendix section of this Manual. Once the Developer/Customer has caused the Wastewater Grinder Pump to be installed, the District must be contacted in order that the pump supplier and District representative can inspect the installation prior to start-up. There will be no exceptions to this policy.
The Wastewater Grinder Pumps will be owned and maintained by the District.
Customer Usage Fees. Customers shall pay a monthly Usage Fee for the water, wastewater and/or irrigation quality water services provided by the District consisting of a Customer Billing Charge, a Base Facility charge for potable, wastewater and irrigation quality water and also a volumetric consumption charge differentiated primarily by service class, meter size and amount(s) consumed based upon meter equivalency factors. This monthly Usage Fee is in addition to any and all other fees and charges which may be imposed by the District such as Connection Fees, Meter Installation Fees, Meter Testing Fees, Miscellaneous Service Charges and others.

Miscellaneous Service Charges. The District may impose a service charge for the following miscellaneous services or actions in accordance with the terms set forth herein. If the Customer receives multiple services from the District (e.g. water and wastewater service),

only a single charge is appropriate unless circumstances beyond the control of the District require multiple actions.
Types of Miscellaneous Charges - The following is a nonexclusive list of miscellaneous charges the District may impose in connection with certain actions or services received:
Initial Service Fee – This charge would be levied for service initiation at a location where service did not exist previously and establishing the Customer’s account. The District will not impose both a Developer or Customer Application Fee as detailed elsewhere herein this Manual and an Initial Connection Fee.
Normal Service Fee – This charge would be levied for transfer of service to a new customer account at a previously served location or reconnection of service subsequent to a customer requested disconnection.

Violation Service Fee – This charge would be levied prior to the reconnection of an existing customer after disconnection for service for cause as prescribed herein, including a delinquency in bill payment.

Premises Visit Fee (In Lieu of Disconnection) – This charge would be levied when a service representative visits the premises for the purpose of discontinuing service for non- payment of a due and collectible bill and does not discontinue service because the customer pays the service representative or otherwise makes satisfactory arrangements to pay the bill.
Customer “Developer” Connection (Tap-In) Fee – This charge would be levied if the District is required to install the service line infrastructure required to provide service to the Customer’s premises if the service line infrastructure was not previously installed to service the requested premises. For the rates and schedule of Connection Fees imposed for a particular class of property, please see the separate section of this Manual discussing “Connection Fees.”

Inspection Fee – This charge would be levied when a designated representative of the District is required to return to a Customer’s premises after an initial inspection of the Customer’s water, wastewater, and/or irrigation quality water connection to the District’s system was deemed insufficient.
Meter Installation Fee – This charge would be levied when the District installs the water meter or irrigation quality water meter for the initiation of service at the premises. This fee is levied for each meter installation and does not include the cost for any service line installation requirements.

Plan Review Fee – The District may be requested at times to provide service to an address, or tract of land not currently served by the District. As such, the District may require the interested party to submit plans for review by the District or Designated Representative of the District for compliance with the District’s standard engineering design details and utility specifications, if applicable.

Line Extension Estimate Fee – The District may be requested at times to provide service to an address, or tract of land not currently served by the District and as such be requested to provide an estimate of such cost to the interested party. This fee may be levied if the District or designated District Representative is requested to provide such estimate on behalf of the District. This fee may be credited or refunded to the interested party upon construction of the line extension.

Premise Visit - Damaged/Blocked Line Inspection (Not District fault) Fee – At times during the course of normal system operation, the District may be requested by a Customer to inspect a water, wastewater, or irrigation system line for damage and/or blockage. The District may levy this fee if after such inspection it is determined that the damage and/or blockage was due to action by the Customer or if the damage and/or blockage is located on the Customer’s side of the point of connection to the utility system.

Grinder Station Pump Out Fee – This fee will be imposed when a Grinder Station requires a pump out at a frequency of less than 2 years as result of prohibited materials/items being disposed of through a sanitary drain.
Performed Emergency Turn-On/Turn-Off Fee – This fee may be levied if the District performs a turn-on or turn-off of water, wastewater, and or irrigation quality water service at the request of a Customer.
Prohibited Materials/Items– Prohibited Items are items that are not to be disposed of in the toilet or the drain. Items may include: menstrual products, “flushable” wipes, diapers, cat litter, wood shavings, paper or cloth towels, or grease. Flushing said items may cause clogged pipes, sewage backup in home, damage in septic systems or environmental harm.
Transfer Connection Fee/Capacity – The District may be requested to transfer the capacity and associated Connection Fee from one designated entity to another (e.g., the transfer of a building lot from one home builder to another by a developer). This fee may be levied by the District to recover the administrative costs generated through such requests.

Replacement of Wastewater System Clean-out at Point of Connection – At times the clean-out within the wastewater service lateral may become damaged. In an effort to minimize or reduce the effect of inflow into the wastewater system the District may inspect the condition of the clean-outs located within the District’s system. If the clean- out requires replacement due to damage beyond repair, this fee may be levied.

Replace Missing or Damaged Equipment – At times the District may be required to replace damaged or missing equipment such as, but not limited to padlocks, devices used for locking meter service, meters, and meter boxes. The District may levy this fee to recover the costs associated with replacing such equipment.

Illegal Connection Removal Fee – If the District determines that an illegal use of service occurs within the District, the District has the right and obligation to discontinue such action and remove associated equipment (such as bypasses).

Re-Read Meter Fee – This fee may be levied if the District’s designated representative cannot access the water and/or irrigation quality water meter to perform a routine reading of the meter for any reason deemed induced by the Customer. It is the Customer’s responsibility to ensure that the District has adequate access to the location of the meter as described herein.

Dishonored Check Fee – This fee may be levied for the return of a check presented to the District for payment of any fee, bill, charge, etc. by the financial institution(s) upon which such funds presented for payment are drawn.
Miscellaneous Service Charge Schedule - The following is a Rate Schedule of the amount of fees charges associated with a particular miscellaneous service charge as set forth immediately hereinabove:

Description of Charge
Customer Utility Service Application Fee
Developer Utility Service/Connection Application Fee Emergency Turn-On/Turn-Off Fee (business hours) Emergency Turn-On/Turn-Off Fee (after hours) Wastewater System Clean-out
Missing or Damaged Equipment Fees Padlock
Locking Device
Meter, any other than hydrant Meter Box
Hydrant Meter
Illegal Connection Removal Fee Re-Read Meter Fee
Dishonored Check Fees
Checks, up to $50.00
$ 50.01 to $300.00
$ 300.01 to $ 800.00
$ 800.01 and over Meter Testing Fee

Amount
$ 25
$ 50
$ 90
$ 295
$ 420

$ 20
$ 20
Meter Installation fee plus estim. usage
$ 155
$500 plus estim. usage
$100 plus estim. usage
$ 140
$ 25
$ 30
$ 40
5% of face value of check
$380+Cost

Meter Installation Fee Schedule – The following is the schedule of fees to be charged by the District for the installation of a potable and irrigation quality water meter.

Description of Charge
Potable Radio Read Water Meter 5/8" x 3/4" (1)
1" (2)
Above 1"
Irrigation quality water Meter
5/8" x 3/4" (2)
1" (2)
Above 1"

 Amount

$ 1285.00
$ 1080
Actual Cost (3)
$ 975
$ 1080
Actual Cost (3)

Cost of meter includes integral backflow preventer assembly which will be owned and maintained by the District.
Cost of meter does not include any backflow prevention device; cost to install and maintenance of backflow prevention device will be responsibility of the customer requesting service and, where applicable, must be installed prior to delivery of potable water service by District.
Actual cost shall include labor and benefits, materials, allowance for vehicle and equipment use and an administrative charge for ten percent (10%) of the total cost of the potable or irrigation meter installation all as determined by the District.

CUSTOMER SERVICE APPLICATION FORM

THIS SECTION IS FOR DISTRICT PERSONNEL USE ONLY

Application Date 	

Time 	AM/PM

Application Fee Paid: $	 Date Paid:		 Check #:		

Connection Fees Paid: $	 Date Paid:	 Check #:	

AFPI Charges Paid: $	 Date Paid:		 Check #:		

Grinder Pump Fee Paid: $ 	 Date Paid:	 Check #:	

Meter Install Fees Paid: $	 Date Paid:	 Check #:	

Water Meter Size: 	 Irrigation Meter Size: 	 Lot Acreage: 	 

TOTAL AMOUNT DUE: $	
District Account # Given:	 Anticipated Service Turn On Date:	

Name of Person Taking Application:	 Name of Person Receiving Payment:	

Service Address:	 Lot # or Legal Description (If No Address):	

Applicant Info: (If a Business Please Provide Information for Authorized Representatives)
Name of Applicant:					 Name of Authorized Representative:					 Billing Address:		 City/State:		 Zip:	 Telephone Numbers: Work: 	 Home:	 Cell:		

Driver’s License Number (or) 	 Social Security Number (or) 	 Other I.D. ( If above not available)	
Name of Employer:			 Employer Address:	 City/State:	 Zip:	 Employer Telephone: 	

Previous Home Address:		 City/State:	 Zip:	 How Long at Previous Address? 	 Yrs. 		 Months

If there is anyone other than yourself who is authorized to be contacted and/or make decisions concerning utility service please list this person(s) name, their relationship (relative, employee, etc.) to you, and their contact numbers.
Name: 				 Relationship: 				 Contact #s: 	Wk 	 Hm 	Cell

In the event of an emergency, planned service interruption or discontinuance of service for nonpayment, is there anyone you wish to be contacted should the District not be able to contact you for any reason? If so, please list the emergency contact’s name, their relationship to you and their contact numbers:

Name: 				 Relationship: 				 Contact #s: 	Wk 	 Hm 	Cell
If the service address is a rental property, below please provide the name of the owner, the owners address and contact number

Owner Name: 	 Owner Address:	
	_	

Contact #s: 	Wk	Hm	Cell
NOTE: The Customer or authorized representative of a Customer must be present when service is turned on. This requirement is to help prevent possible water damage from faucets, etc. accidentally left in the open position. If District personnel are unable to turn the water on because of water registering at the meter and you or your authorized representative were not present at the initiation of service, additional charges may be applied to your account for rescheduling at another time. Additionally, when service is turned on, please have the District’s personnel point out the location of the Shut-Off Valve and remember the location of same for your future use. Below, please indicate the best time to establish service when someone will be present at the service address which time the District will endeavor but not guarantee to accommodate:
	.

PROSPECTIVE CUSTOMERS ARE ADVISED THAT IN ADDITION TO A MONTHLY USAGE FEE FOR WATER, WASTEWATER AND/OR IRRIGATION QUALITY WATER SERVICE, THERE MAY BE ADDITIONAL FEES CHARGED TO ESTABLISH A UTILITY CONNECTION TO THE SERVICE ADDRESS, TO INSTALL A METER BOX AT THE SERVICE ADDRESS, AND OTHER CHARGES AND FEES IMPOSED IN CONNECTION WITH OTHER MISCELLANEOUS SERVICES PROVIDED BY THE DISTRICT WHICH SHALL BE BILLED AND PAID IN ACCORDANCE WITH THE ‘WATER UTILITIES POLICY MANUAL’ ADOPTED BY THE DISTRICT’S BOARD OF SUPERVISORS. A COPY OF THIS MANUAL SHOULD BE PROVIDED UPON PAYMENT OF THE APPLICATION FEE AND SHOULD BE READ AND UNDERSTOOD FULLY BEFORE ENGAGING THE DISTRICT’S UTILITY SERVICES.
APPLICANT’S SIGNATURE: 	
CO-APPLICANT’S SIGNATURE: 	
If Married Spouse must sign as Co- Applicant

DEVELOPER CONNECTION APPLICATION FORM

Application Fee Paid: $	 Date Paid:	 Check #:	 	Connection Fees Paid: $   Date Paid:	 Check #:		AFPI Charges Paid: $	 Date Paid:		 Check #:			
Grinder Pump Fee Paid: $		Meter Install Fees Paid: $		Water Meter Size: 		
Date Paid:		Date Paid:		Irrigation Meter Size: 		
Check #:		Check #:		Lot Acreage: 		

THIS SECTION IS FOR DISTRICT PERSONNEL USE ONLY

Application Date 	

Time 	AM/PM

TOTAL AMOUNT DUE: $	

District Account # Given:	 Anticipated Service Turn On Date:	

Name of Person Taking Application:	 Name of Person Receiving Payment:	
Service Address:		 Lot # or Legal Description (If No Address):	

Applicant Info: (If a Business Please Provide Information for Authorized Representatives)
Name of Applicant:					 Name of Authorized Representative:					 Billing Address:		 City/State:		 Zip:	 Telephone Numbers: Work:	 Home:	 Cell:		
Approximate Occupancy Date(s): 				 Type of Structure:					 Type of Use:	Single-Family:   	  Multi-Family: 	
Commercial:		  Other:		 Number of Buildings: 		Sq. Ft. per build./unit: 		 Number of Units: 			Potable Meter Size:		 Lot Acreage:			Irrigation Meter Size: 		
Applicable ERCs for Service: 	
Please refer to the District’s Water Utilities Policy Manual for assistance with ERC Computation.

If you are applying on behalf of the owner or leaseholder of the service address, below please indicate the name, addresses and contact numbers for the owner and leaseholders and attach sufficient documentation to this application evidencing your right to apply to connect service to the service address including a copy of the lease if applicable:

Owner Name:		 Owner Address:		

Contact #s:		 wk 	 hm 	 cell

Lessee Name:		 Lessee Address:		

Contact #s:		 wk 	 hm 	 cell

PROSPECTIVE DEVELOPERS ARE ADVISED THAT ALL SERVICE CONNECTIONS SHALL BE INSPECTED AND APPROVED BY BOTH THE LAKE COUNTY BUILDING DEPARTMENT AND THE DISTRICT AND THAT AT LEAST 48 HOURS NOTICE OF DESIRED INSPECTION TIME MUST BE GIVEN TO THE DISTRICT IN ORDER TO ACCOMMODATE SAME. FURTHER, IN ADDITION TO A CONNECTION FEE TO ESTABLISH A UTILITY CONNECTION TO A SERVICE ADDRESS, THERE MAY BE ADDITIONAL FEES CHARGED TO INSPECT A CONNECTION, FOR REVIEW OF PLANS, TO INSTALL A METER BOX AND OTHER CHARGES AND FEES IMPOSED IN CONNECTION WITH OTHER MISCELLANEOUS SERVICES PROVIDED BY THE DISTRICT WHICH SHALL BE BILLED AND PAID IN ACCORDANCE WITH THE ‘WATER UTILITIES POLICY MANUAL’ ADOPTED BY THE DISTRICT’S BOARD OF SUPERVISORS. A COPY OF THIS MANUAL SHOULD BE PROVIDED UPON PAYMENT OF THE APPLICATION FEE AND SHOULD BE READ AND UNDERSTOOD FULLY BEFORE ENGAGING THE DISTRICT’S UTILITY SERVICES.
APPLICANT’S SIGNATURE:	 CO-APPLICANT’S SIGNATURE:	

TABLE A-1
Pine Island Community Development District ESTIMATED ERC FACTORS FOR NON-RESIDENTIAL SERVICE
TYPES OF ESTABLISHMENTS

COMMERCIAL:	ERCs

Airports, bus terminals, train stations, port & dock facilities, bathroom waste only
Per passenger	0.014
Add per employee per 8 hour shift	0.054
Barber & beauty shops per service chair	0.268
Bowling alley bathroom waste only per lane	0.179
County Club
Per resident	0.358
Add per member or patron	0.089
Add per employee per 8-hour shift	0.054
Doctor and Dentist offices
Per practitioner	0.893
Add per employee per 8-hour shift	0.054
Factories, exclusive of industrial wastes, gallons per employee per 8-hour shift
No showers provided	0.054
Showers provided	0.089
Flea Market open 3 or less days per week
Per non-food service vendor space	0.054
Add per food service establishment using single service articles only
per 100 square feet of floor space	0.179
Per limited food service establishment	0.089
For flea markets open more than 3 days per week, estimated flows shall be doubled
Food Operations
Restaurant operating 16 hours or less per day per seat	0.143
Restaurant operating more than 16 hours per day per seat	0.214
Restaurant using single service articles only and operating 16 hours or less
per day per seat	0.071
Restaurant using single service articles only and operating more than 16 hours
per day per seat	0.125
Bar and cocktail lounge per seat	0.071
Drive-in restaurant per car space	0.179
Carry out only, including caterers
Per 100 square feet of floor space	0.170
Add per employee per 8-hour shift	0.054
Institutions per meal	0.018
Food Outlets excluding delis, bakery, or meat department per 100 square feet of floor space
Add for deli per 100 square feet of deli floor space	0.143
Add for bakery per 100 square feet of deli floor space	0.143
Add for meat department per 100 square feet of meat department floor space	0.268

TABLE A-1
Pine Island Community Development District ESTIMATED ERC FACTORS FOR NON-RESIDENTIAL SERVICE
TYPES OF ESTABLISHMENTS
COMMERCIAL:	ERCs
Add per water closet	0.714
Hotels & motels
Regular per room	0.357
Resort hotels, camps, cottages per room	0.714
Add for establishments with self-service laundry facilities per machine	2.679
Mobile Home Park
Per single wide mobile home space, less than 4 single wide spaces connected to
a shared onsite system	0.893
Per single wide mobile home space, 4 or more single wide spaces are connected to
a shared onsite system	0.804
Per double wide mobile home space, less than 4 double wide mobile home spaces
connected to a shared onsite system	1.071
Per double wide mobile home space, 4 or more double wide mobile home spaces
connected to a shared onsite system	0.982

Office Building, per employee per 8-hour shift or per 100 square feet of floor space,
whichever is greater	0.054
Transient Recreational Vehicle Park
Recreational vehicle space for overnight stay, without water and sewer hookup
per vehicle space	0.179
Recreational vehicle space for overnight stay, with water and sewer hookup
per vehicle space	0.268

Service Stations per water closet
Open 16 hours per day or less	0.893
Open more than 16 hours per day	1.161

Shopping Centers without food or laundry per square foot of floor space	0.001
Stadiums, rate tracks, ball parks per seat	0.014

Stores, per bathroom	0.357

Swimming and bathing facilities, public per person	0.036

Theatres and Auditoriums, per seat	0.014

Veterinary Clinic
Per practitioner	0.893
Add per employee per 8-hour shift	0.054
Add per kennel, stall or cage	0.071

Warehouse
Add per employee per 8-hour shift	0.054

TABLE A-2

Bela Colina Community D9velopmant Dl&bilcl
Fhical Ye-a.- 2.025/Fi111cal Year 2026
Adopl9d & Propo6adWaler, Irrigation, andWaatv-lar Raia S&t-..dule&

FY :2025	FY2D:25	Ocl2025	Ot.U0.25	JUiy 2(1:21	JUiy 2(1:2.fl
P,rapc:a11d	PmpaHd	P,rapaMld	IPmpaHd

	-·  -·

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!Ba&• FacllltJ	(by naiar·&ln) ttl) 314indii

.

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'Mf21lild'I 2 .....
3.....

Rlllla11PotdM• Wriu u..,.,,a.ru• .-r t,000 G.iJlona; (pl.- ERc,1 (::.!�
BI0&1 Cll!tgis1(0•5.CJOOg11rJ
BIOCk.2 Cli;a�,n,1(5..(H}O-10.000 QZIIJ
BIOCk.3 Cli;ai!a,n,(10,00□-20,000 g�I)
BIO&• Cliflrt1,n,1(aM-v6 20,000 gal)
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ff-I
IRIIM'II VWlilt;llswatlN" U.ilgll 1Clal'gll 1Mr 1,000 Gli:11-11118 lndi¥1dua!y Mel:en!td Rit!ite.D! Si!!rwi:iil!i
N:)nef'l!l!lid. i!lnd -slell'fr.'ll!lh!lted Rb.sid. S...a,,
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Rlllla11lrrlg■tlonw.tar l!h;aga Chilrg• .,.r1.ooo c;.nona t,ar ERCJ (BLOCKS EFFECTTIIE BEFORE 1Jtl202&),
BIOCk 1 Clifll'{!iD'1(D,. 10.000 QZIIJ
BIOCk.2 Cli&l'{!iD'1(10,00□-20,000 gal)
BIOCk.3Clii!1�,n,1�20.0001)411)
IRIIM'll lrrlg■IIDnWnlr !!Maga Chilrg• ptr1.DGQ Ganan, Pl

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BIOCk 1 Cl'li!lrgl!I, Bbek:2 Cl'li!lrgtt Bbek.3 Cl'li!lrgtt
:S■ndc11AI-N 11!..oSt ia, {BLOCKS EFFEC'Tlri/E AFTER 1#1JM211J
Kllcr•l!ilt•RmldNrilal bf kit.abB,
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IPllll!I l&lard•IR■t.ld■nllilJby lof'llllm
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3141 nffl Po't..abla W!Lar Mft�r (5, 1 li'icftiPti'Uibl!i W4lfn' M!!Mi' tB) Abaw11lil.CIIP'CltiU11B'N.a'lbrMt!llflr 3141 ndli ·��ll0111Ma'l6f
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'W1d11tr	W.atawatN	Wafar &1lrrlgallo11

I I I

10_38
25_95
SUM)
83_04
155.10
259_5{)

18..80
'7_(J{)
94!JJO
150.AO
2ll2JJO
.,70..00

Ul
.2,...2.9
u_1s

2-90

fi.14 fi.14

6.01

1-18
1.91
"'A
1-18
3_00
7_91

1-18
3_00
1.91
lllod3

A

Aba...e 1:1.000
At)O.ft 23.000
ll.bo.Yll!l 24.000
s.o...,,.,
I	5.535.00
I	1.003.00

2.!IQOJJO
528JJO
B.855-"0

1,.285_00
1,,080_00
Achi�I Co:!;t (1)
g75_00 1.1()8(}_00
""""' Goot(7)

F••

"-''"
50_00
25_09

Me:tarllnis�llft!it!I.+ est u�e
I	30_00
155.00
1500.00 .+,e,st. usa

I !180.00 -+-a!;t
U!!.21!:)t!I

....

I Z,000.00 ,.. t!15l.

U!!.2i!i)t!I
I :2:,,000..00 ,.. t!l!L

140_00

9.75 $	18ci03 $·	:9_75 $	18.00
24.35 $	.UC5I  $	2-f.3i5 $	413.51
48.76 $	'9!0.18 $	48_76 $	90.18
n.es $	1..W,.28 $,	n.ss $	144.28
14:2.39 $	283,.83 l	142.39 $  :2.fi:l.83
237.29 $	4"'-"" $	237..29 $ .39.68
UI	$-	1-81
2.24	$·	2..26
3.06	$	3Jl2
S.05	$	1•_,03

2.80	$-	2-90

$	7.�	$	7.57
$	7.-�	$	7.57

$	6-80	$	6.01

2.16	$	2-09
3.06	$,	3--26
S.05	$·	7.91

Block 1	Block 2:

0.4.,000	Abaw 4,000

0-<1,000	•.001.g"ooo
0-11.000	11.001 -23,000
0-12.000	12-001 - 2�.000

:St!lt!I Di!;lli::I:	St!lt!llMl!ttl:
5,535.00 $  :2:,'9�.00  l	5.535.00 $  2,'920.00
1,003.00  $	6291.00 l	1.003.00  $	528.00
$  e_ass_oo	$  6,855.00

97S.OO	$	1,.285_00
1,000.00	$·	1,000_00
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Grinder Pump and Alarm Panel Manual and Specifications Are Available Upon Request

Section V

Section A

OPERATING AGREEMENT
(Bella Collina Community Development District and RCM Utilities, LLC)

THIS OPERATING AGREEMENT (“Agreement”) is made and entered into effective as of the    day of September, 2025 (the “Effective Date”), between the BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT (hereinafter referred to as the “District”), a local unit of special purpose government created under Chapter 190, Florida Statutes, whose mailing address is c/o Governmental Management Services – Central Florida, LLC, 219 East Livingston Street, Orlando, Florida 32801 and RCM UTILITIES, LLC, a Florida limited liability company (hereinafter referred to as “Contractor”), whose mailing address is 1451 Pine Grove Road, Eustis, Florida 32726.

W I T N E S S E T H:

Subject to and upon the terms and conditions of this Agreement and in consideration of the mutual promises set forth herein and other good and valuable consideration, the sufficiency of which is hereby acknowledged, the District and Contractor agree as follows:

DEFINITIONS.

Agreement. The Agreement consists of this Operating Agreement and the scope of work, attached hereto as Exhibit “A” (hereinafter referred to as the “Proposal”). The Agreement represents the entire and integrated Agreement between the parties hereto and supersedes all prior negotiations, representation, or agreements, either written or oral. The Agreement may be amended or modified only as set forth below in Article 14. In the event of any conflict between the terms herein and the term(s) in the Proposal, or any other written document attached hereto, the written documents forming part of this Agreement will prevail in the following order of precedence: (i) this Operating Agreement; (ii) the Proposal; and (iii) any other written documentation attached hereto.

Services/Work. The term “Work” or “Services” as used in this Agreement shall be construed to include all work set forth in the Proposal and all obligations of the Contractor under this Agreement, including any addenda or special conditions. In the event of any conflict between the terms of the Proposal with the terms of this Agreement, the terms of this Agreement shall prevail.
SCOPE OF WORK. A description of the nature, scope, and schedule of services/Work to be performed by Contractor under this Agreement shall be pursuant to the Proposal. The area to be included under this Agreement may be amended by the mutual consent of the District and the Contractor.

COMMENCEMENT OF SERVICES AND TERM. Contractor shall commence the Work within ten (10) days after the Effective Date and shall perform same in accordance with any schedules as set forth in the Agreement. The term of this Agreement shall expire upon one year (365 days) from the Effective Date.

DISTRICT MANAGER.

The District’s authorized representative (herein referred to as the “District Manager”) shall be the District Manager of the District, which is Governmental Management Services – Central Florida, LLC, whose mailing address is 219 East Livingston Street, Orlando, Florida 32801, Attention: George Flint; provided, however, that the District may, without liability to the Contractor, unilaterally amend this Article from time to time by designating a different person or organization to act as its representative and so advising the Contractor in writing, at which time the person or organization so designated shall be the District’s representative for the purpose of this Agreement. To be effective, such change in authorized represented must come from District counsel or the District’s Chairman.

All actions to be taken by, all approvals, notices, consent, directions and instruction to be given by, all notices and other matters to be delivered to, all determinations and decisions to be made by and, in general, all other action to be taken by, or given to, the District shall be taken, given, and made by, or delivered or given to the District Manager in the name of and on behalf of the District; provided, however, that the District (and not the District Manager or any other agents of the District) shall be solely obligated to the Contractor for all sums required to be paid by the District to the Contractor hereunder.

COMPENSATION, PAYMENTS AND INSPECTION RIGHTS PRIOR TO FINAL PAYMENT.

In accordance with the terms of the Proposal, the District agrees to pay the Contractor for all Services listed at the rates and for the hours listed in the Rate Summary in Exhibit
A. Only hours actually served shall be billed to the District at the rates set forth in the Proposal.

Work Authorizations shall mean orders or directives issued by the District. Work Authorizations shall be issued for repairs or emergency services, changes to the scope of the area in which services are required, or for any services beyond those set forth in Article 2. Work performed under a Work Authorization may be paid either on a lump sum basis, a unit price basis, or a time and material basis in the District’s sole discretion. Contractor shall not be entitled to compensation for Work outside the scope of Article 2 unless Contractor has obtained prior written authorization of District to perform the same.

District retains the right to reduce any portion of Contractor’s Scope of Work as set forth in Article 2. Should this occur, a revised Scope of Work and reduced compensation shall be agreed upon in writing by both District and Contractor.

After the Work is completed, the District shall have the right to inspect and/or review the Work to accept or deny the sufficiency of the Work before payment is required to be made by the District to the Contractor.

REPRESENTATATIONS, WARRANTIES AND COVENANTS.

Contractor hereby represents to District that: (i) it has the experience, qualifications and skill to perform the Work as set forth in this Agreement; (ii) it is duly licensed and permitted to observe and perform the terms, covenants, conditions and other provisions on its part to be observed or performed under this Agreement; (iii) has the necessary equipment,

materials and inventory required to perform the Work as set forth in this Agreement; (iv) it has by careful examination satisfied itself as to: (a) the nature, location and character of the area in which the Work is to be performed including, without limitation, the surface conditions of the land and all structures and obstructions thereon, both natural and manmade, the surface water conditions of the area, and to the extent pertinent, all other conditions; and (b) all other matters or things which could in any manner affect the performance of the Work.

The Contractor warrants to the District that all materials furnished under this Agreement shall be new unless otherwise specified, and that all Work shall be of good quality, free from faults and defects and in conformance with the Agreement Documents.

The Contractor agrees to provide the District with monthly reports, as set forth in the Bella Collina Lift Station Inspection Report, attached hereto as Exhibit “B”. Notwithstanding the foregoing, Contractor agrees that the District shall provide Contractor a Work Order, and following receipt of the Work Order, Contractor shall provide the District with an invoice providing the details for completing the Work.

EMPLOYEES; INDEPENDENT CONTRACTOR STATUS.
All matters pertaining to the employment, supervision, compensation, insurance, promotion, and discharge of any employees of Contractor or of entities retained by Contractor are the sole responsibility of Contractor. Contractor shall fully comply with all applicable acts and regulations having to do with workman’s compensation, social security, unemployment insurance, hours of labor, wages, working conditions and other employer- employee related subjects. Contractor shall obtain, for each individual Contractor employs on the District’s premises at any time, a criminal background check performed by an appropriate federal or state agency, or by a professional and licensed private investigator, and shall make, based on the results of such background checks, employment suitability determinations for each employee that are reasonable and customary within the Contractor’s industry. Contractor shall maintain copies of said background checks on file so long as the subject individual(s) remains in Contractor’s employ, and Contractor shall make all background checks available for District’s review upon request. Contractor shall enforce strict discipline and good order among its employees on the District’s premises. Contractor shall comply with all requirements of the E-Verify System as set forth in Article 18.

Contractor is an independent contractor and not an employee of the District. It is further acknowledged that nothing herein shall be deemed to create or establish a partnership or joint venture between the District and Contractor. Contractor has no authority to enter into any contracts or contracts, whether oral or written, on behalf of the District.

COMPLIANCE WITH LAWS, REGULATIONS, RULES AND POLICIES.

At all times, Contractor shall operate in accordance with all applicable laws, statutes, regulations, rules, ordinances, policies, permits and orders. Contractor is responsible for obtaining all permits or other approvals required for this work.

Contractor hereby covenants and agrees to comply with all the rules, ordinances and regulations of governmental authorities wherein the District’s facilities are located, as said rules, etc. may specifically relate to Contractor or its services provided hereunder, at Contractor’s sole cost and expense, and Contractor will take such action as may be necessary to comply with any and all notices, orders or other requirements affecting the services described herein as may be issued by any governmental agency having jurisdiction over Contractor, unless specifically instructed by the District that it intends to contest such orders or requirements and that Contractor shall not comply with the same. Contractor shall provide immediate notice to the District of any such orders or requirements upon receipt of same.

The District is a local unit of special purpose government created in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes. Contractor agrees to comply with all applicable requirements of the “Sunshine Law,” the “Public Records Law,” the Community Development Districts Law, and all other statutes and regulations applicable to Contractor.

WORKPLACE ENVIRONMENT AND PUBLIC SAFETY.
Contractor agrees to provide a safe and healthy workplace environment for its employees and agents and a safe and healthy environment for the public at all times. Contractor shall promptly correct any unsafe condition or health hazard in its control and shall immediately report any such condition to the District. In addition to all other requirements of this Agreement, Contractor shall comply with all federal, state, and local laws and regulations related to health and safety. Further, Contractor acknowledges that all vehicles and equipment must be properly and safely operated and, where applicable, licensed and/or permitted, to operate on public roadways. Contractor acknowledges that it is responsible for public safety issues including but not limited to, proper work methods, use of protective equipment, safe maintenance, traffic control through work zones, and handling and use of materials, vehicles, and equipment.

The Contractor agrees that it alone bears the responsibility for providing a safe and healthy workplace, and that nothing in this Agreement suggests that the District has undertaken or assumed any part of that responsibility.

Contractor shall, prior to performing any of the Work, provide employees with training to perform their jobs safely, including instruction in proper work methods, use of protective equipment, and safe maintenance, handling and use of materials, vehicles, and equipment. Contractor will not ask or allow any employee to operate any vehicle or equipment until the employee has received all relevant and advisable training. Contractor shall assure that all employees are licensed and/or have all applicable permits, necessary to perform the Work.

Contractor will furnish, at its expense, all safety and protective equipment required or advisable for the protection of employees.

PUBLIC RECORDS AND OWNERSHIP OF BOOKS AND RECORDS.

Contractor understands and agrees that all documents of any kind relating to this Agreement may be public records and, accordingly, Contractor agrees to comply with all

applicable provisions of Florida public records law, including but not limited to the provisions of Chapter 119, Florida Statutes. Contractor acknowledges and agrees that the public records custodian of the District is the District Manager, which is currently Governmental Management Services – Central Florida, LLC (the “Public Records Custodian”). Contractor shall, to the extent applicable by law:

Keep and maintain public records required by District to perform services;
Upon request by District, provide District with the requested public records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes;

Ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the Agreement term and following the Agreement term if the Contractor does not transfer the records to the Public Records Custodian of the District; and

Upon completion of the Agreement, transfer to District, at no cost, all public records in District’s possession or, alternatively, keep, maintain, and meet all applicable requirements for retaining public records pursuant to Florida laws.

IF THE CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE CONTRACTORS’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE DISTRICT’S CUSTODIAN OF PUBLIC RECORDS AT (407-841-5524), OR BY EMAIL AT GFLINT@GMSCFL.COM, OR BY REGULAR MAIL AT 219 E. LIVINGSTON STREET, ORLANDO, FLORIDA 32801, ATTN.: DISTRICT PUBLIC RECORDS CUSTODIAN.
INSURANCE.

Contractor shall, throughout the performance of its services pursuant to this Agreement, maintain at a minimum:

Occurrence based comprehensive general liability insurance (including broad form contractual coverage), with a minimum limit of $1,000,000 single limit per occurrence, protecting it and District from claims for bodily injury (including death), property damage, contractual liability, products liability and personal injury which may arise from or in connection with the performance of Contractor’s Work under this Agreement or from or out of any act or omission of Contractor, its officers, directors, agents, and employees; and

Occurrence based automobile liability insurance including bodily injury and property damage, including all vehicles owned, leased, hired and non-owned vehicles with limits of not less than $1,000,000.00 combined single limit covering all work performed hereunder; and

Workers' compensation insurance as required by applicable law (or employer's liability insurance with respect to any employee not covered by workers' compensation) with minimum limits of One Hundred Thousand Dollars ($100,000) per occurrence; and

Employers liability, with a minimum coverage level of $1,000,000.

All such insurance required in Paragraph 11(a) shall be with companies and on forms acceptable to District and shall provide that the coverage thereunder may not be reduced or canceled unless thirty (30) days prior written notice thereof is furnished to District; the insurance required under paragraph 11(a)(i) shall name the District as an additional insured. Certificates of insurance (and copies of all policies, if required by the District) shall be furnished to the District. In the event of any cancellation or reduction of coverage, Contractor shall obtain substitute coverage as required under this Agreement, without any lapse of coverage to District whatsoever.

SOVEREIGN IMMUNITY. Nothing contained herein, or in the Agreement, or in the Terms and Conditions, shall cause or be construed as a waiver of the District’s immunity or limitations on liability granted pursuant to Section 768.28, Florida Statutes, or other law, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which could otherwise be barred under the Doctrine of Sovereign Immunity or by operation of law.

INDEMNIFICATION. Contractor agrees to indemnify, save harmless and defend the District, its officers, directors, board members, employees, agents and assigns, from and against any and all liabilities, claims, penalties, forfeitures, suits, legal or administrative proceedings, demands, fines, punitive damages, losses, liabilities and interests, and any and all costs and expenses incident thereto (including costs of defense, settlement and reasonable attorneys' fees, which shall include fees incurred in any administrative, judicial or appellate proceeding) which the District, their officers, directors, board members, employees, agents and assigns, may hereafter incur, become responsible for or pay out to the extent arising out of (i) Contractor’s (or its agents, employees or subcontractors) breach of any term or provision of this Agreement, or (ii) any negligent or intentional act or omission of Contractor, its agents, employees or sub-contractors, related to or in the performance of this Agreement.

MODIFICATIONS, ADDITIONS OR DELETIONS TO THE SERVICES.

A Work Authorization shall be in writing by the District, which shall consist of additions, deletions, or other modifications to the Agreement.

The District may, from time to time, without affecting the validity of the Agreement, or any term or condition thereof, issue Work Authorizations which may identify additional or a revised scope of Work, or other written instructions and orders, which shall be governed by the provisions of the Agreement. The Contractor shall comply with all such orders and instructions issued by the District. Upon receipt of any Work Authorization, the Contractor shall promptly proceed with the work, and the resultant decrease or increase in the amount to be paid the Contractor, if any, shall be governed by the provisions of Article 5 in this Agreement.

PROTECTION OF PERSONS AND PROPERTY; MONITORING.

In addition to all other requirements hereunder, the Contractor shall be responsible for initiating, maintaining and supervising safety precautions and programs in connection with the Work, and shall provide all protection to prevent injury to persons involved in any way in the Work and all other persons, including, without limitation, the employees, agents guests, visitors, invitees and licensees of the District and community residents, tenants, and the general public that may be affected thereby.

All Work, whether performed by the Contractor, its Subcontractors, or anyone directly or indirectly employed by any of them, and all applicable equipment, machinery, materials, tools and like items used in the Work, shall be in compliance with, and conform to: (i) all applicable laws, ordinances, rules, regulations and orders of any public, quasi-public or other governmental authority; and (ii) all codes, rules, regulations and requirements of the District and its insurance carriers relating thereto. In the event of conflicting requirements, the more stringent shall govern.

The Contractor shall at all times keep the general area in which the Work are to be performed, including but not limited to sidewalks, roadways, trails, rights-of-way, open spaces, and all such areas impacted by the Work, clean and free from accumulation of waste materials or rubbish (including, without limitation, hazardous waste), caused by performance of the Work, and shall continuously throughout performance of the Services, remove and dispose of all such materials. The District may require the Contractor to comply with such standards, means and methods of cleanup, removal or disposal as the District may make known to the Contractor. In the event the Contractor fails to keep the general area in which the Work are to be performed clean and free from such waste or rubbish, or to comply with such standards, means and methods, the District may take such action and offset any and all costs or expenses of whatever nature paid or incurred by the District in undertaking such action against any sums then or thereafter due to the Contractor.

Contractor shall cooperate with and participate in, at no additional cost or charge, all programs, plans or routines for monitoring and reporting to District, as required in the sole discretion of the District, to ensure satisfactory performance of the Work provided hereunder.

SUSPENSION OR TERMINATION.

Anything in this Agreement to the contrary notwithstanding, District shall, in its sole discretion and without cause, have the right to suspend or terminate this Agreement upon ten (10) days prior written notice to Contractor. Contractor shall be compensated for all work performed prior to the termination.

If the Contractor should become insolvent, file any bankruptcy proceedings, make a general assignment for the benefit of creditors, suffer or allow appointment of a receiver, refuse, fail or be unable to make prompt payment to Subcontractors, disregard applicable laws, ordinances, governmental orders or regulations or the instructions of the District, or if the Contractor should otherwise be guilty of a violation of, or in default under, any provisions of the Agreement, then the District may, without prejudice to any other right or remedy available to the District and after giving the Contractor and its surety, if any, seven (7) days written notice, terminate the Contract and the employment of Contractor. In addition, without terminating this

Contract as a whole, the District may, under any of the circumstances above, terminate any portion of this Contract (by reducing, in such as manner as District deems appropriate, the Scope of Service to be performed by the Contractor) and complete the portion of this Contract so terminated in such manner as the District may deem expedient.

SUBCONTRACTORS. If the Contractor desires to employ Subcontractors in connection with the performance of its Work under this Agreement:

Nothing contained in the Agreement shall create any contractual relationship between the District and any Subcontractor. However, it is acknowledged that the District is an intended third-party beneficiary of the obligations of the Subcontractors related to the Services.

Contractor shall coordinate the services of any Subcontractors and remain fully responsible under the terms of this Agreement; Contractor shall be and remain responsible for the quality, timeliness and coordinate of all Work furnished by the Contractor or its Subcontractors.
All subcontracts shall be written. Each subcontract shall contain a reference to this Agreement and shall incorporate the terms and condition of this Agreement to the full extent applicable to the portion of the Work covered thereby. Each Subcontractor must agree, for the benefit of the District, to be bound by such terms and conditions to the full extent applicable to its portion of the Work.

COMPLIANCE WITH E-VERIFY SYSTEM

The Contractor shall comply with and perform all applicable provisions and requirements of Section 448.095, Florida Statutes and Section 448.09(1), Florida Statues. Accordingly, beginning on the Effective Date, to the extent required by Section 448.095, Florida Statutes, the Contractor shall enroll with and use the United States Department of Homeland Security’s E-Verify system to verify the work authorization status of all newly hired employees. The District may terminate this Agreement immediately for cause if there is a good faith belief that the Contractor has knowingly violated Section 448.091, Florida Statutes.

If the Contractor anticipates entering into agreements with a subcontractor for the work, Contractor will not enter into the subcontractor agreement without first receiving an affidavit from the subcontractor regarding compliance with Section 448.095, Florida Statutes, and stating that the subcontractor does not employ, contract with, or subcontract with an unauthorized alien. Contractor shall maintain a copy of such affidavit for the duration of the agreement and provide a copy to the District upon request. In the event that the District has a good faith belief that a subcontractor has knowingly violated Section 448.095, Florida Statutes, but the Contractor has otherwise complied with its obligations hereunder, the District shall promptly notify the Contractor. The Contractor agrees to immediately terminate the agreement with the subcontractor upon notice from the District. Further, absent such notification from the District, the Contractor or any subcontractor who has a good faith belief that a person or entity with which it is contracting has knowingly violated Section 448.09(1), Florida Statutes, shall promptly terminate its agreement with such person or entity.

By entering into this Agreement, the Contractor represents that no public employer has terminated a contract with the Contractor under Section 448.095(2)(c), Florida Statutes, within the year immediately preceding the date of this Agreement.

NOTICE.

Notices required or permitted to be given under this Agreement shall be in writing, may be delivered personally or by mail, overnight delivery service, or courier service, and shall be given when received by the addressee. Notices shall be addressed as follows:

If to District:	Bella Collina Community Development District
c/o Governmental Management Services – Central Florida, LLC 219 East Livingston Street
Orlando, Florida 32801
Attention: George Flint, District Manager Telephone: (407) 841-5524
with copy to:	Latham, Luna, Eden & Beaudine, LLP
201 S. Orange Ave., Suite 1400
Orlando, Florida 32801
Attention: Jan Albanese Carpenter, Esq., District Counsel Telephone: (407) 481-5800

If to Contractor:	RCM Utilities, LLC
1451 Pine Grove Road, Eustis, Florida 32726 Attention: 	 Telephone: (352) 561-2990

Notwithstanding the foregoing, any notice sent to the last designated address of the party to whom a notice may be or is required to be delivered under this Agreement shall not be deemed ineffective if actual delivery cannot be made due to a change of address of the party to whom the notice is directed or the failure or refusal of such party to accept delivery of the notice. Parties may change notice address by delivering written notice by mail, overnight delivery service, or courier service to the other party and such change shall become effective when received by the addressee.

ATTORNEYS’ FEES. If either party hereto institutes an action or proceeding for a declaration of the rights of the parties the Agreement, for injunctive relief, for an alleged breach or default of, or any other action arising out of, the Agreement, or in the event any party hereto is in default of its obligations pursuant hereto, whether or not suit is filed or prosecuted to final judgment, the non-defaulting or prevailing party shall be entitled to its actual attorneys’ fees and to any court costs and expenses incurred, in addition to any other damages or relief awarded.

GOVERNING LAW AND JURISDICTION. This Agreement shall be interpreted and enforced under the laws of the State of Florida. The parties will follow the terms of the Agreement only to the extent they are enforceable or permitted under Florida law. Any litigation

arising under this Agreement shall occur in a court having jurisdiction in Lake County, Florida. THE PARTIES WAIVE TRIAL BY JURY AND AGREE TO SUBMIT TO PERSONAL JURISDICTION AND VENUE IN LAKE COUNTY, FLORIDA.

SEVERABILITY. In the event that any provision of this Agreement is judicially construed to be invalid by a court of competent jurisdiction, such provision shall then be construed in a manner allowing its validity, or if this leads to an impracticable result, shall be stricken, but in either event, all other provisions of the Agreement shall remain in full force and effect.

NO WAIVER. No failure by either party to insist upon the strict performance of any covenant, duty, contract, or condition of this Agreement or to exercise any right or remedy upon a breach thereof shall constitute a waiver of any such breach or of such or any other covenant, contract, term, or condition. Any party hereto, by written notice executed by such party, may, but shall be under no obligation to, waive any of its rights or any conditions to its obligations hereunder, or any duty, obligation, or covenant of any other party hereto. No waiver shall affect or alter this Agreement, but each and every covenant, contract, term, and condition of this Agreement shall continue in full force and effect with respect to any other then-existing or subsequent breach thereof.

NO MODIFICATION. No modification, waiver, amendment, discharge or change of this Agreement shall be valid unless the same is in writing and signed by the parties against which such enforcement is or may be sought. This instrument contains the entire contract made between the parties and may not be modified orally or in any manner other than by a contract in writing signed by all parties hereto or their respective successors in interest.

TIME IS OF THE ESSENCE. The time for delivery and/or completion of the Work to be performed under the Agreement shall be of the essence of the Agreement.

ARM’S LENGTH TRANSACTION. This Agreement has been negotiated fully between the parties as an arm’s length transaction. In addition to the representations and warranties contained herein, the Contractor acknowledges that prior to the execution of the Agreement it has thoroughly reviewed and inspected the Agreement documents, and satisfied itself regarding any error, inconsistency, discrepancy, ambiguity, omission, insufficiency of detail or explanation. Contractor further acknowledges that the parties have participated fully in the preparation of this Agreement and received the advice of counsel. In the case of a dispute concerning the interpretation of any provision of this Agreement, all Parties are deemed to have drafted, chosen and selected the language, and doubtful language will not be interpreted or construed against any Party.

COUNTERPARTS. This Agreement may be executed in any number of counterparts with the same effect as if all parties had signed the same document. All fully executed counterparts shall be construed together and shall constitute one and the same contract.

[REMAINDER OF PAGE LEFT INTENTIONALLY BLANK]

SIGNATURE PAGE TO OPERATING AGREEMENT
(Bella Collina Community Development District)

IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed affective as of the day and year first above written.

DISTRICT:

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT

By:	 Name: 	
Chairman /Vice-Chair, Board of Supervisors

CONTRACTOR:

RCM UTILITIES, LLC, a Florida limited liability company

By:	 Print: 	 Title: 	

EXHIBIT “A”

Proposal

[Please see attached].

EXHIBIT A

Service Description
This 1 – year basic ordering agreement (BOA) is being put in place to allow the Bella Collina Community Development District (CDD) to deploy resources in a cost effective and efficient manner in support of the Utility Systems operation and maintenance. The services addressed in this agreement are generally repetitive and well understood tasks that have been performed hundreds of times over the last 10 years. The services under this agreement are for time and material services that will be paid based on the labor hours, equipment usage, and materials provided by the contractor (incurred cost). Contractors are to maintain inventory of commonly used materials and components (piping, ﬁttings, curb stops, other). Grinder Pumps will be available from the CDD when an alarm or other condition results in the need to replace a pump and/or control panel. Water meters will be available upon request if not maintained by the contractor. Nonstandard (not identiﬁed below) work will be issue via Request for Proposal (valve, motor, pump or other major component replacement, sanitary sewer line ﬂushing and pigging, storm sewer cleaning, and other services exceeding $5000 per occurrence).

Scope of Work
The following tasks are authorized for execution under this BOA:

Potable Water, Sewer, and Reclaim water leak repair
Potable Water and Reclaim Water meter installation, testing, and replacement
Potable Water, Sewer, and Reclaim meter box installation, relocation, and replacement
Grinder Station Installation to include wet well, sewer line connection, sewer line
routing to the Sewer Connection Box, and backﬁlling to grade.
Grinder Station Preventative Maintenance (See Attachment 1) – Completion of the Preventative Maintenance Activity is $150/per resident. Additional actions (pump out, pump replacement, repairs,… are billed in accordance with Attachment 2.
Response Services (24/7) – Grinder Station Alarms and Water Leaks
Other minor repairs, replacement, and operational support

Individual authorizations will be issued via email/work order and/or text message. Verbal direction maybe be provided to initiate work or provide additional details or direction and will be conﬁrm via email.

Invoicing
Invoices, as a minimum, shall include the following:

Description of Work completed and potential cause of issue
Location of Work
Date and Time Work was completed

Travel/Mobilization Cost
Labor Hours
Material and Component Cost
Subcontractors exceeding $250 of support, shall provide and invoice for services
and be included in the contractor’s invoices.

Invoices will be paid Net 30 following invoice approval. Billing shall be consistent with approved rates and mark ups for the services provided. Rates shall be provided on Attachment 2.

Provide the position titles and hourly bill rates (regular and overtime) for individuals that will be supporting the mission of the Bella Collina CDD. Hours are to be charged consistent with the employee pay (charging must be consistent with payment to the employee).

Audit

Governmental Management Services, Inc. can request supporting documentation and audit charging practices to ensure billing is consistent with execution.

Other Requirements

Contracts shall maintain the following insurance policies:

Worker Compensation (Consistent with state requirements) General Liability - $1,000,000

Basic Ordering Agreement - Rates and Markup

Company	ABC Mechanical	

Position/Title	Reg Billing Rate	Overtime Billing Rate	

Example

Field Tech 1	$	55.45	$	75.43	
Field Tech 2	$	62.30	$	86.50	
Field Tech 3	$	68.34	$	92.67	

Cost/Unit	
$	150.00	

Grinder Station PM

Percentage	
5%	

Material Markup

Percentage	
5%	

Subcontractor Mark up

Percentage	
10%	

Fee/Profit

Equipment Charge Rate	Cost/Hour	

Mini Excavator	$	55.00	
Skid Steer	$	50.00	
Pump Trailer	$	62.45	

EXHIBIT “B”

Bella Collina Lift Station Inspection Report

[Please see attached].

Bella Collina Community Development District Operating Agreement (RCM)

Bella Collina Lift Station Inspection Report
Today’s Date: 	
Address :	
Panel Condition:	Incoming voltage: 	
Check all electrical connections:	
Lift Station Site Condition:	
Wet Well Lid Condition:	 Wet Well Interior Condition: 	

PUMP: Make 	 Model 	Serial # 	

Volt 	 HP 	 Ph 	 AMPS L1 	 L2 	 L1-L2 	
Pump Cord Condition: 	 Lift Rope/Bale Condition 	

Pump H-O-A Switches: 	Float Condition 	

Pump Cycle Test 	

ALARM SYSTEM: Light 	 Horn 	Silence Button 	

WET WELL: Is a pump out and cleaning needed? 	Y 	N

Recommended repairs: 	

Job Pictures Taken: [ ] Control panel inside & out [ ] Interior of lift station Service Tech: 	 Signed:	

Abbreviations: N/R –needs replacing N/A-not applicable S- Satisfactory U- Unsatisfactory P- Pass F- Fail

Section B

OPERATING AGREEMENT
(Bella Collina Community Development District and Utility Repair Experts, LLC)

THIS OPERATING AGREEMENT (“Agreement”) is made and entered into effective as of the    day of September, 2025 (the “Effective Date”), between the BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT (hereinafter referred to as the “District”), a local unit of special purpose government created under Chapter 190, Florida Statutes, whose mailing address is c/o Governmental Management Services – Central Florida, LLC, 219 East Livingston Street, Orlando, Florida 32801 and UTILITY REPAIR EXPERTS, LLC, a Florida limited liability company (hereinafter referred to as “Contractor”), whose mailing address is 12818 Cooper Road, Groveland, Florida 34736.

W I T N E S S E T H:

Subject to and upon the terms and conditions of this Agreement and in consideration of the mutual promises set forth herein and other good and valuable consideration, the sufficiency of which is hereby acknowledged, the District and Contractor agree as follows:

DEFINITIONS.

Agreement. The Agreement consists of this Operating Agreement and the scope of work, attached hereto as Exhibit “A” (hereinafter referred to as the “Proposal”). The Agreement represents the entire and integrated Agreement between the parties hereto and supersedes all prior negotiations, representation, or agreements, either written or oral. The Agreement may be amended or modified only as set forth below in Article 14. In the event of any conflict between the terms herein and the term(s) in the Proposal, or any other written document attached hereto, the written documents forming part of this Agreement will prevail in the following order of precedence: (i) this Operating Agreement; (ii) the Proposal; and (iii) any other written documentation attached hereto.

Services/Work. The term “Work” or “Services” as used in this Agreement shall be construed to include all work set forth in the Proposal and all obligations of the Contractor under this Agreement, including any addenda or special conditions. In the event of any conflict between the terms of the Proposal with the terms of this Agreement, the terms of this Agreement shall prevail.
SCOPE OF WORK. A description of the nature, scope, and schedule of services/Work to be performed by Contractor under this Agreement shall be pursuant to the Proposal. The area to be included under this Agreement may be amended by the mutual consent of the District and the Contractor.

COMMENCEMENT OF SERVICES AND TERM. Contractor shall commence the Work within ten (10) days after the Effective Date and shall perform same in accordance with any schedules as set forth in the Agreement. The term of this Agreement shall expire upon one year (365 days) from the Effective Date.

DISTRICT MANAGER.

The District’s authorized representative (herein referred to as the “District Manager”) shall be the District Manager of the District, which is Governmental Management Services – Central Florida, LLC, whose mailing address is 219 East Livingston Street, Orlando, Florida 32801, Attention: George Flint; provided, however, that the District may, without liability to the Contractor, unilaterally amend this Article from time to time by designating a different person or organization to act as its representative and so advising the Contractor in writing, at which time the person or organization so designated shall be the District’s representative for the purpose of this Agreement. To be effective, such change in authorized represented must come from District counsel or the District’s Chairman.

All actions to be taken by, all approvals, notices, consent, directions and instruction to be given by, all notices and other matters to be delivered to, all determinations and decisions to be made by and, in general, all other action to be taken by, or given to, the District shall be taken, given, and made by, or delivered or given to the District Manager in the name of and on behalf of the District; provided, however, that the District (and not the District Manager or any other agents of the District) shall be solely obligated to the Contractor for all sums required to be paid by the District to the Contractor hereunder.

COMPENSATION, PAYMENTS AND INSPECTION RIGHTS PRIOR TO FINAL PAYMENT.

In accordance with the terms of the Proposal, the District agrees to pay the Contractor for all Services listed at the rates and for the hours listed in the Rate Summary in Exhibit
A. Only hours actually served shall be billed to the District at the rates set forth in the Proposal.

Work Authorizations shall mean orders or directives issued by the District. Work Authorizations shall be issued for repairs or emergency services, changes to the scope of the area in which services are required, or for any services beyond those set forth in Article 2. Work performed under a Work Authorization may be paid either on a lump sum basis, a unit price basis, or a time and material basis in the District’s sole discretion. Contractor shall not be entitled to compensation for Work outside the scope of Article 2 unless Contractor has obtained prior written authorization of District to perform the same.

District retains the right to reduce any portion of Contractor’s Scope of Work as set forth in Article 2. Should this occur, a revised Scope of Work and reduced compensation shall be agreed upon in writing by both District and Contractor.

After the Work is completed, the District shall have the right to inspect and/or review the Work to accept or deny the sufficiency of the Work before payment is required to be made by the District to the Contractor.

REPRESENTATATIONS, WARRANTIES AND COVENANTS.

Contractor hereby represents to District that: (i) it has the experience, qualifications and skill to perform the Work as set forth in this Agreement; (ii) it is duly licensed and permitted to observe and perform the terms, covenants, conditions and other provisions on its part to be observed or performed under this Agreement; (iii) has the necessary equipment,

materials and inventory required to perform the Work as set forth in this Agreement; (iv) it has by careful examination satisfied itself as to: (a) the nature, location and character of the area in which the Work is to be performed including, without limitation, the surface conditions of the land and all structures and obstructions thereon, both natural and manmade, the surface water conditions of the area, and to the extent pertinent, all other conditions; and (b) all other matters or things which could in any manner affect the performance of the Work.

The Contractor warrants to the District that all materials furnished under this Agreement shall be new unless otherwise specified, and that all Work shall be of good quality, free from faults and defects and in conformance with the Agreement Documents.

The Contractor agrees to provide the District with monthly reports, as set forth in the Bella Collina Lift Station Inspection Report, attached hereto as Exhibit “B”. Notwithstanding the foregoing, Contractor agrees that the District shall provide Contractor a Work Order, and following receipt of the Work Order, Contractor shall provide the District with an invoice providing the details for completing the Work.

EMPLOYEES; INDEPENDENT CONTRACTOR STATUS.
All matters pertaining to the employment, supervision, compensation, insurance, promotion, and discharge of any employees of Contractor or of entities retained by Contractor are the sole responsibility of Contractor. Contractor shall fully comply with all applicable acts and regulations having to do with workman’s compensation, social security, unemployment insurance, hours of labor, wages, working conditions and other employer- employee related subjects. Contractor shall obtain, for each individual Contractor employs on the District’s premises at any time, a criminal background check performed by an appropriate federal or state agency, or by a professional and licensed private investigator, and shall make, based on the results of such background checks, employment suitability determinations for each employee that are reasonable and customary within the Contractor’s industry. Contractor shall maintain copies of said background checks on file so long as the subject individual(s) remains in Contractor’s employ, and Contractor shall make all background checks available for District’s review upon request. Contractor shall enforce strict discipline and good order among its employees on the District’s premises. Contractor shall comply with all requirements of the E-Verify System as set forth in Article 18.

Contractor is an independent contractor and not an employee of the District. It is further acknowledged that nothing herein shall be deemed to create or establish a partnership or joint venture between the District and Contractor. Contractor has no authority to enter into any contracts or contracts, whether oral or written, on behalf of the District.

COMPLIANCE WITH LAWS, REGULATIONS, RULES AND POLICIES.

At all times, Contractor shall operate in accordance with all applicable laws, statutes, regulations, rules, ordinances, policies, permits and orders. Contractor is responsible for obtaining all permits or other approvals required for this work.

Contractor hereby covenants and agrees to comply with all the rules, ordinances and regulations of governmental authorities wherein the District’s facilities are located, as said rules, etc. may specifically relate to Contractor or its services provided hereunder, at Contractor’s sole cost and expense, and Contractor will take such action as may be necessary to comply with any and all notices, orders or other requirements affecting the services described herein as may be issued by any governmental agency having jurisdiction over Contractor, unless specifically instructed by the District that it intends to contest such orders or requirements and that Contractor shall not comply with the same. Contractor shall provide immediate notice to the District of any such orders or requirements upon receipt of same.

The District is a local unit of special purpose government created in accordance with the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes. Contractor agrees to comply with all applicable requirements of the “Sunshine Law,” the “Public Records Law,” the Community Development Districts Law, and all other statutes and regulations applicable to Contractor.

WORKPLACE ENVIRONMENT AND PUBLIC SAFETY.
Contractor agrees to provide a safe and healthy workplace environment for its employees and agents and a safe and healthy environment for the public at all times. Contractor shall promptly correct any unsafe condition or health hazard in its control and shall immediately report any such condition to the District. In addition to all other requirements of this Agreement, Contractor shall comply with all federal, state, and local laws and regulations related to health and safety. Further, Contractor acknowledges that all vehicles and equipment must be properly and safely operated and, where applicable, licensed and/or permitted, to operate on public roadways. Contractor acknowledges that it is responsible for public safety issues including but not limited to, proper work methods, use of protective equipment, safe maintenance, traffic control through work zones, and handling and use of materials, vehicles, and equipment.

The Contractor agrees that it alone bears the responsibility for providing a safe and healthy workplace, and that nothing in this Agreement suggests that the District has undertaken or assumed any part of that responsibility.

Contractor shall, prior to performing any of the Work, provide employees with training to perform their jobs safely, including instruction in proper work methods, use of protective equipment, and safe maintenance, handling and use of materials, vehicles, and equipment. Contractor will not ask or allow any employee to operate any vehicle or equipment until the employee has received all relevant and advisable training. Contractor shall assure that all employees are licensed and/or have all applicable permits, necessary to perform the Work.

Contractor will furnish, at its expense, all safety and protective equipment required or advisable for the protection of employees.

PUBLIC RECORDS AND OWNERSHIP OF BOOKS AND RECORDS.

Contractor understands and agrees that all documents of any kind relating to this Agreement may be public records and, accordingly, Contractor agrees to comply with all

applicable provisions of Florida public records law, including but not limited to the provisions of Chapter 119, Florida Statutes. Contractor acknowledges and agrees that the public records custodian of the District is the District Manager, which is currently Governmental Management Services – Central Florida, LLC (the “Public Records Custodian”). Contractor shall, to the extent applicable by law:

Keep and maintain public records required by District to perform services;
Upon request by District, provide District with the requested public records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes;

Ensure that public records which are exempt or confidential, and exempt from public records disclosure requirements, are not disclosed except as authorized by law for the duration of the Agreement term and following the Agreement term if the Contractor does not transfer the records to the Public Records Custodian of the District; and

Upon completion of the Agreement, transfer to District, at no cost, all public records in District’s possession or, alternatively, keep, maintain, and meet all applicable requirements for retaining public records pursuant to Florida laws.

IF THE CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE CONTRACTORS’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE DISTRICT’S CUSTODIAN OF PUBLIC RECORDS AT (407-841-5524), OR BY EMAIL AT GFLINT@GMSCFL.COM, OR BY REGULAR MAIL AT 219 E. LIVINGSTON STREET, ORLANDO, FLORIDA 32801, ATTN.: DISTRICT PUBLIC RECORDS CUSTODIAN.
INSURANCE.

Contractor shall, throughout the performance of its services pursuant to this Agreement, maintain at a minimum:

Occurrence based comprehensive general liability insurance (including broad form contractual coverage), with a minimum limit of $1,000,000 single limit per occurrence, protecting it and District from claims for bodily injury (including death), property damage, contractual liability, products liability and personal injury which may arise from or in connection with the performance of Contractor’s Work under this Agreement or from or out of any act or omission of Contractor, its officers, directors, agents, and employees; and

Occurrence based automobile liability insurance including bodily injury and property damage, including all vehicles owned, leased, hired and non-owned vehicles with limits of not less than $1,000,000.00 combined single limit covering all work performed hereunder; and

Workers' compensation insurance as required by applicable law (or employer's liability insurance with respect to any employee not covered by workers' compensation) with minimum limits of One Hundred Thousand Dollars ($100,000) per occurrence; and

Employers liability, with a minimum coverage level of $1,000,000.

All such insurance required in Paragraph 11(a) shall be with companies and on forms acceptable to District and shall provide that the coverage thereunder may not be reduced or canceled unless thirty (30) days prior written notice thereof is furnished to District; the insurance required under paragraph 11(a)(i) shall name the District as an additional insured. Certificates of insurance (and copies of all policies, if required by the District) shall be furnished to the District. In the event of any cancellation or reduction of coverage, Contractor shall obtain substitute coverage as required under this Agreement, without any lapse of coverage to District whatsoever.

SOVEREIGN IMMUNITY. Nothing contained herein, or in the Agreement, or in the Terms and Conditions, shall cause or be construed as a waiver of the District’s immunity or limitations on liability granted pursuant to Section 768.28, Florida Statutes, or other law, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which could otherwise be barred under the Doctrine of Sovereign Immunity or by operation of law.

INDEMNIFICATION. Contractor agrees to indemnify, save harmless and defend the District, its officers, directors, board members, employees, agents and assigns, from and against any and all liabilities, claims, penalties, forfeitures, suits, legal or administrative proceedings, demands, fines, punitive damages, losses, liabilities and interests, and any and all costs and expenses incident thereto (including costs of defense, settlement and reasonable attorneys' fees, which shall include fees incurred in any administrative, judicial or appellate proceeding) which the District, their officers, directors, board members, employees, agents and assigns, may hereafter incur, become responsible for or pay out to the extent arising out of (i) Contractor’s (or its agents, employees or subcontractors) breach of any term or provision of this Agreement, or (ii) any negligent or intentional act or omission of Contractor, its agents, employees or sub-contractors, related to or in the performance of this Agreement.

MODIFICATIONS, ADDITIONS OR DELETIONS TO THE SERVICES.

A Work Authorization shall be in writing by the District, which shall consist of additions, deletions, or other modifications to the Agreement.

The District may, from time to time, without affecting the validity of the Agreement, or any term or condition thereof, issue Work Authorizations which may identify additional or a revised scope of Work, or other written instructions and orders, which shall be governed by the provisions of the Agreement. The Contractor shall comply with all such orders and instructions issued by the District. Upon receipt of any Work Authorization, the Contractor shall promptly proceed with the work, and the resultant decrease or increase in the amount to be paid the Contractor, if any, shall be governed by the provisions of Article 5 in this Agreement.

PROTECTION OF PERSONS AND PROPERTY; MONITORING.

In addition to all other requirements hereunder, the Contractor shall be responsible for initiating, maintaining and supervising safety precautions and programs in connection with the Work, and shall provide all protection to prevent injury to persons involved in any way in the Work and all other persons, including, without limitation, the employees, agents guests, visitors, invitees and licensees of the District and community residents, tenants, and the general public that may be affected thereby.

All Work, whether performed by the Contractor, its Subcontractors, or anyone directly or indirectly employed by any of them, and all applicable equipment, machinery, materials, tools and like items used in the Work, shall be in compliance with, and conform to: (i) all applicable laws, ordinances, rules, regulations and orders of any public, quasi-public or other governmental authority; and (ii) all codes, rules, regulations and requirements of the District and its insurance carriers relating thereto. In the event of conflicting requirements, the more stringent shall govern.

The Contractor shall at all times keep the general area in which the Work are to be performed, including but not limited to sidewalks, roadways, trails, rights-of-way, open spaces, and all such areas impacted by the Work, clean and free from accumulation of waste materials or rubbish (including, without limitation, hazardous waste), caused by performance of the Work, and shall continuously throughout performance of the Services, remove and dispose of all such materials. The District may require the Contractor to comply with such standards, means and methods of cleanup, removal or disposal as the District may make known to the Contractor. In the event the Contractor fails to keep the general area in which the Work are to be performed clean and free from such waste or rubbish, or to comply with such standards, means and methods, the District may take such action and offset any and all costs or expenses of whatever nature paid or incurred by the District in undertaking such action against any sums then or thereafter due to the Contractor.

Contractor shall cooperate with and participate in, at no additional cost or charge, all programs, plans or routines for monitoring and reporting to District, as required in the sole discretion of the District, to ensure satisfactory performance of the Work provided hereunder.

SUSPENSION OR TERMINATION.

Anything in this Agreement to the contrary notwithstanding, District shall, in its sole discretion and without cause, have the right to suspend or terminate this Agreement upon ten (10) days prior written notice to Contractor. Contractor shall be compensated for all work performed prior to the termination.

If the Contractor should become insolvent, file any bankruptcy proceedings, make a general assignment for the benefit of creditors, suffer or allow appointment of a receiver, refuse, fail or be unable to make prompt payment to Subcontractors, disregard applicable laws, ordinances, governmental orders or regulations or the instructions of the District, or if the Contractor should otherwise be guilty of a violation of, or in default under, any provisions of the Agreement, then the District may, without prejudice to any other right or remedy available to the District and after giving the Contractor and its surety, if any, seven (7) days written notice, terminate the Contract and the employment of Contractor. In addition, without terminating this

Contract as a whole, the District may, under any of the circumstances above, terminate any portion of this Contract (by reducing, in such as manner as District deems appropriate, the Scope of Service to be performed by the Contractor) and complete the portion of this Contract so terminated in such manner as the District may deem expedient.

SUBCONTRACTORS. If the Contractor desires to employ Subcontractors in connection with the performance of its Work under this Agreement:

Nothing contained in the Agreement shall create any contractual relationship between the District and any Subcontractor. However, it is acknowledged that the District is an intended third-party beneficiary of the obligations of the Subcontractors related to the Services.

Contractor shall coordinate the services of any Subcontractors and remain fully responsible under the terms of this Agreement; Contractor shall be and remain responsible for the quality, timeliness and coordinate of all Work furnished by the Contractor or its Subcontractors.
All subcontracts shall be written. Each subcontract shall contain a reference to this Agreement and shall incorporate the terms and condition of this Agreement to the full extent applicable to the portion of the Work covered thereby. Each Subcontractor must agree, for the benefit of the District, to be bound by such terms and conditions to the full extent applicable to its portion of the Work.

COMPLIANCE WITH E-VERIFY SYSTEM

The Contractor shall comply with and perform all applicable provisions and requirements of Section 448.095, Florida Statutes and Section 448.09(1), Florida Statues. Accordingly, beginning on the Effective Date, to the extent required by Section 448.095, Florida Statutes, the Contractor shall enroll with and use the United States Department of Homeland Security’s E-Verify system to verify the work authorization status of all newly hired employees. The District may terminate this Agreement immediately for cause if there is a good faith belief that the Contractor has knowingly violated Section 448.091, Florida Statutes.

If the Contractor anticipates entering into agreements with a subcontractor for the work, Contractor will not enter into the subcontractor agreement without first receiving an affidavit from the subcontractor regarding compliance with Section 448.095, Florida Statutes, and stating that the subcontractor does not employ, contract with, or subcontract with an unauthorized alien. Contractor shall maintain a copy of such affidavit for the duration of the agreement and provide a copy to the District upon request. In the event that the District has a good faith belief that a subcontractor has knowingly violated Section 448.095, Florida Statutes, but the Contractor has otherwise complied with its obligations hereunder, the District shall promptly notify the Contractor. The Contractor agrees to immediately terminate the agreement with the subcontractor upon notice from the District. Further, absent such notification from the District, the Contractor or any subcontractor who has a good faith belief that a person or entity with which it is contracting has knowingly violated Section 448.09(1), Florida Statutes, shall promptly terminate its agreement with such person or entity.

By entering into this Agreement, the Contractor represents that no public employer has terminated a contract with the Contractor under Section 448.095(2)(c), Florida Statutes, within the year immediately preceding the date of this Agreement.

NOTICE.

Notices required or permitted to be given under this Agreement shall be in writing, may be delivered personally or by mail, overnight delivery service, or courier service, and shall be given when received by the addressee. Notices shall be addressed as follows:

If to District:	Bella Collina Community Development District
c/o Governmental Management Services – Central Florida, LLC 219 East Livingston Street
Orlando, Florida 32801
Attention: George Flint, District Manager Telephone: (407) 841-5524
with copy to:	Latham, Luna, Eden & Beaudine, LLP
201 S. Orange Ave., Suite 1400
Orlando, Florida 32801
Attention: Jan Albanese Carpenter, Esq., District Counsel Telephone: (407) 481-5800

If to Contractor:	Utility Repair Experts, LLC
12818 Cooper Road,
Groveland, Florida 34736 Attention: 			 Telephone: (	) 	-	 

Notwithstanding the foregoing, any notice sent to the last designated address of the party to whom a notice may be or is required to be delivered under this Agreement shall not be deemed ineffective if actual delivery cannot be made due to a change of address of the party to whom the notice is directed or the failure or refusal of such party to accept delivery of the notice. Parties may change notice address by delivering written notice by mail, overnight delivery service, or courier service to the other party and such change shall become effective when received by the addressee.

ATTORNEYS’ FEES. If either party hereto institutes an action or proceeding for a declaration of the rights of the parties the Agreement, for injunctive relief, for an alleged breach or default of, or any other action arising out of, the Agreement, or in the event any party hereto is in default of its obligations pursuant hereto, whether or not suit is filed or prosecuted to final judgment, the non-defaulting or prevailing party shall be entitled to its actual attorneys’ fees and to any court costs and expenses incurred, in addition to any other damages or relief awarded.

GOVERNING LAW AND JURISDICTION. This Agreement shall be interpreted and enforced under the laws of the State of Florida. The parties will follow the terms of the Agreement only to the extent they are enforceable or permitted under Florida law. Any litigation

arising under this Agreement shall occur in a court having jurisdiction in Lake County, Florida. THE PARTIES WAIVE TRIAL BY JURY AND AGREE TO SUBMIT TO PERSONAL JURISDICTION AND VENUE IN LAKE COUNTY, FLORIDA.

SEVERABILITY. In the event that any provision of this Agreement is judicially construed to be invalid by a court of competent jurisdiction, such provision shall then be construed in a manner allowing its validity, or if this leads to an impracticable result, shall be stricken, but in either event, all other provisions of the Agreement shall remain in full force and effect.

NO WAIVER. No failure by either party to insist upon the strict performance of any covenant, duty, contract, or condition of this Agreement or to exercise any right or remedy upon a breach thereof shall constitute a waiver of any such breach or of such or any other covenant, contract, term, or condition. Any party hereto, by written notice executed by such party, may, but shall be under no obligation to, waive any of its rights or any conditions to its obligations hereunder, or any duty, obligation, or covenant of any other party hereto. No waiver shall affect or alter this Agreement, but each and every covenant, contract, term, and condition of this Agreement shall continue in full force and effect with respect to any other then-existing or subsequent breach thereof.

NO MODIFICATION. No modification, waiver, amendment, discharge or change of this Agreement shall be valid unless the same is in writing and signed by the parties against which such enforcement is or may be sought. This instrument contains the entire contract made between the parties and may not be modified orally or in any manner other than by a contract in writing signed by all parties hereto or their respective successors in interest.

TIME IS OF THE ESSENCE. The time for delivery and/or completion of the Work to be performed under the Agreement shall be of the essence of the Agreement.

ARM’S LENGTH TRANSACTION. This Agreement has been negotiated fully between the parties as an arm’s length transaction. In addition to the representations and warranties contained herein, the Contractor acknowledges that prior to the execution of the Agreement it has thoroughly reviewed and inspected the Agreement documents, and satisfied itself regarding any error, inconsistency, discrepancy, ambiguity, omission, insufficiency of detail or explanation. Contractor further acknowledges that the parties have participated fully in the preparation of this Agreement and received the advice of counsel. In the case of a dispute concerning the interpretation of any provision of this Agreement, all Parties are deemed to have drafted, chosen and selected the language, and doubtful language will not be interpreted or construed against any Party.

COUNTERPARTS. This Agreement may be executed in any number of counterparts with the same effect as if all parties had signed the same document. All fully executed counterparts shall be construed together and shall constitute one and the same contract.

[REMAINDER OF PAGE LEFT INTENTIONALLY BLANK]

SIGNATURE PAGE TO OPERATING AGREEMENT
(Bella Collina Community Development District)

IN WITNESS WHEREOF, the parties have caused this Agreement to be duly executed affective as of the day and year first above written.

DISTRICT:

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT

By:	 Name: 	
Chairman /Vice-Chair, Board of Supervisors

CONTRACTOR:

UTILITY REPAIR EXPERTS, LLC, a
Florida limited liability company

By:	 Print: 	 Title: 	

EXHIBIT “A”

Proposal

[Please see attached].

EXHIBIT A

Service Description
This 1 – year basic ordering agreement (BOA) is being put in place to allow the Bella Collina Community Development District (CDD) to deploy resources in a cost effective and efficient manner in support of the Utility Systems operation and maintenance. The services addressed in this agreement are generally repetitive and well understood tasks that have been performed hundreds of times over the last 10 years. The services under this agreement are for time and material services that will be paid based on the labor hours, equipment usage, and materials provided by the contractor (incurred cost). Contractors are to maintain inventory of commonly used materials and components (piping, ﬁttings, curb stops, other). Grinder Pumps will be available from the CDD when an alarm or other condition results in the need to replace a pump and/or control panel. Water meters will be available upon request if not maintained by the contractor. Nonstandard (not identiﬁed below) work will be issue via Request for Proposal (valve, motor, pump or other major component replacement, sanitary sewer line ﬂushing and pigging, storm sewer cleaning, and other services exceeding $5000 per occurrence).

Scope of Work
The following tasks are authorized for execution under this BOA:

Potable Water, Sewer, and Reclaim water leak repair
Potable Water and Reclaim Water meter installation, testing, and replacement
Potable Water, Sewer, and Reclaim meter box installation, relocation, and replacement
Grinder Station Installation to include wet well, sewer line connection, sewer line
routing to the Sewer Connection Box, and backﬁlling to grade.
Grinder Station Preventative Maintenance (See Attachment 1) – Completion of the Preventative Maintenance Activity is $150/per resident. Additional actions (pump out, pump replacement, repairs,… are billed in accordance with Attachment 2.
Response Services (24/7) – Grinder Station Alarms and Water Leaks
Other minor repairs, replacement, and operational support

Individual authorizations will be issued via email/work order and/or text message. Verbal direction maybe be provided to initiate work or provide additional details or direction and will be conﬁrm via email.

Invoicing
Invoices, as a minimum, shall include the following:

Description of Work completed and potential cause of issue
Location of Work
Date and Time Work was completed

Travel/Mobilization Cost
Labor Hours
Material and Component Cost
Subcontractors exceeding $250 of support, shall provide and invoice for services
and be included in the contractor’s invoices.

Invoices will be paid Net 30 following invoice approval. Billing shall be consistent with approved rates and mark ups for the services provided. Rates shall be provided on Attachment 2.

Provide the position titles and hourly bill rates (regular and overtime) for individuals that will be supporting the mission of the Bella Collina CDD. Hours are to be charged consistent with the employee pay (charging must be consistent with payment to the employee).

Audit

Governmental Management Services, Inc. can request supporting documentation and audit charging practices to ensure billing is consistent with execution.

Other Requirements

Contracts shall maintain the following insurance policies:

Worker Compensation (Consistent with state requirements) General Liability - $1,000,000

Basic Ordering Agreement - Rates and Markup

Company	ABC Mechanical	

Position/Title	Reg Billing Rate	Overtime Billing Rate	

Example

Field Tech 1	$	55.45	$	75.43	
Field Tech 2	$	62.30	$	86.50	
Field Tech 3	$	68.34	$	92.67	

Cost/Unit	
$	150.00	

Grinder Station PM

Percentage	
5%	

Material Markup

Percentage	
5%	

Subcontractor Mark up

Percentage	
10%	

Fee/Profit

Equipment Charge Rate	Cost/Hour	

Mini Excavator	$	55.00	
Skid Steer	$	50.00	
Pump Trailer	$	62.45	

EXHIBIT “B”

Bella Collina Lift Station Inspection Report

[Please see attached].

Bella Collina Community Development District Operating Agreement (Utility Repair Experts)

Bella Collina Lift Station Inspection Report
Today’s Date: 	
Address :	
Panel Condition:	Incoming voltage: 	
Check all electrical connections:	
Lift Station Site Condition:	
Wet Well Lid Condition:	 Wet Well Interior Condition: 	

PUMP: Make 	 Model 	Serial # 	

Volt 	 HP 	 Ph 	 AMPS L1 	 L2 	 L1-L2 	
Pump Cord Condition: 	 Lift Rope/Bale Condition 	

Pump H-O-A Switches: 	Float Condition 	

Pump Cycle Test 	

ALARM SYSTEM: Light 	 Horn 	Silence Button 	

WET WELL: Is a pump out and cleaning needed? 	Y 	N

Recommended repairs: 	

Job Pictures Taken: [ ] Control panel inside & out [ ] Interior of lift station Service Tech: 	 Signed:	

Abbreviations: N/R –needs replacing N/A-not applicable S- Satisfactory U- Unsatisfactory P- Pass F- Fail

Section VI

FORM OF REQUISITION

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT (LAKE COUNTY, FLORIDA)
SPECIAL ASSESSMENT BONDS, SERIES 2024
The undersigned, a Responsible Officer of Bella Collina Community Development District (the "District"), hereby submits the following requisition for disbursement under and pursuant to the terms of the Trust Indenture from the District to Regions Bank, as trustee (the "Trustee"), dated as of December 1, 2004, as supplemented by the Second Supplemental Trust Indenture between the District and the Trustee, dated as of September 1, 2024 (collectively, the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 41

Name of Payee: Boyd Environmental Engineering, Inc.
175 West Broadway Street, Suite 101
Oviedo, FL 32765
Amount Payable: $7,455.10
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of issuance, if applicable):

Invoice #4816 – Professional services for Residential Irrigation System Upgrades – August 2025

Fund or Account from which disbursement to be made:
Series 2024 Acquisition and Construction Account
The undersigned hereby certifies that:
□ obligations in the stated amount set forth above have been incurred by the District, or
□	this requisition is for Costs of Issuance payable from the Acquisition and Construction Fund that have not previously been paid;
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Fund;
each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;
each disbursement represents a Cost of the Project which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Attached hereto are originals of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested.

BELLA COLLINA
COMMUNITY DEVELOPMENT DISTRICT

Responsible Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement from other than Costs of Issuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

September 1, 2025

Bella Collina CDD	
6200 Lee Vista Boulevard, Suite 300	
Orlando, FL 32822	
Attn: Teresa Viscarra	

Re: Invoice for Professional Services Rendered	
for the Period Ending August 31, 2025	

Project: Bella Collina CDD Residential Irrigation System	
Boyd Environmental Project No: 039-D-01	
Invoice # 4816	

Employee Classification	Hours	Rate	Fee

Professional Engineer	
Project Engineer	
Technician	
Clerical	

43.50	
2.00	
0.00	
0.00	

$7,177.50	
270.00	
0.00	
0.00	
$7,447.50	
     7.60 	

$165.00 135.00
80.00
45.00
Subtotal
Add Reimbursable Expenses (Breakdown Below)
Total Amount Due and Payable	 $7,455.10  Payment Due Within 30 Days of Invoice Date

 Reimbursable Expense Breakdown		
Copies 76 @$0.10 = $7.60	

Professional Services Included:	
1. Provided miscellaneous construction administration services for the Bella	
Collina Irrigation Wells project. Also reviewed Contractor's Pay Application	
# 15 and provided related correspondence.	
2. Coordinated with well driller regarding the driller's required Builder's Risk	
insurance policy renewal.	
3. Conducted site visit on 8/14/25 with the well driller and surveyor to establish	
the required orientation of well pump discharge piping.	
4. Reviewed shop drawings for the Bella Collina Irrigation Wells and Pump	
Stations project and provided comments. Also coordinated with electrical	
engineer, electrical subcontractor and Watertronics regarding electrical	
gear voltage and phase requirements.	
5. Provided requested information to contractor regarding approximate depth	
below grade at connections to existing piping.	

Thank you for the opportunity to provide these services.

James C. Boyd, P.E.	
President	

175 West Broadway Street - Suite 101 - Oviedo, Florida 32765

FORM OF REQUISITION

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT (LAKE COUNTY, FLORIDA)
SPECIAL ASSESSMENT BONDS, SERIES 2024
The undersigned, a Responsible Officer of Bella Collina Community Development District (the "District"), hereby submits the following requisition for disbursement under and pursuant to the terms of the Trust Indenture from the District to Regions Bank, as trustee (the "Trustee"), dated as of December 1, 2004, as supplemented by the Second Supplemental Trust Indenture between the District and the Trustee, dated as of September 1, 2024 (collectively, the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 42

Name of Payee: Thompson Well & Pump, Inc.
PO Box 371
Deland, FL 32721-0371
Amount Payable: $59,327.50
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of issuance, if applicable):

Application #16 – Residential Irrigation System Upgrades – August 2025

Fund or Account from which disbursement to be made:
Series 2024 Acquisition and Construction Account
The undersigned hereby certifies that:
□ obligations in the stated amount set forth above have been incurred by the District, or
□	this requisition is for Costs of Issuance payable from the Acquisition and Construction Fund that have not previously been paid;
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Fund;
each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;
each disbursement represents a Cost of the Project which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Attached hereto are originals of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested.

BELLA COLLINA
COMMUNITY DEVELOPMENT DISTRICT

Responsible Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement from other than Costs of Issuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

APPLICATION FOR PAYMENT

Project Name:	Bella Collina Irrigation Wells
Owner:	Bella Collina Community Development District
Project No.:	_07_0-_8_-0_2	
Contractor:	Thompson Well & Pump, Inc.
Payment Request No:	-'-16"'---------------------
Period Ending Date:	�8/�29�/.:::.;20::.::2:.:::.5	
STATEMENT OF WORK

1.	Oriqinal Contract Price	$1,192,500.00	
2.	Net Change Order	$796,190.00	
3.	Current Contract Amount	(Line 1 plus Line 2)	$1,988,690.00	
4.	Total Completed to Date	$1,697,895.00	
5.	Value of Stored Materials to Date	$94,425.20	
6.	Value of Installed Materials to Date	$74,528.90	
7.	Total Completed and Stored to Date (Line 4 Plus Line 5 Minus Line 6)	$1,717,791.30	
8.	Amount Retained (5% of Line 7)	$85,889.57	
9.	Total Earned Less Retainaqe (Line 7 Minus Line 8)	$1,631,901.74	
10.	Previous Pavments Aooroved	$1,572,574.24	
11.	Amount Due this Payment (Line 9 Minus Line 10)	$59,327.50	
12.	Balance to Finish, Less Retainage (Line 3 Minus Line 7)	$270,898.70	

CONTRACTOR'S AFFIDAVIT

The undersigned Contractor hereby swears under penalty of perjury that the undersigned Contractor certifies that (1) all previous progress payments received from Owner on account of Work done for the Project referred to above have been applied on account to discharge Contractor's legitimate obligations incurred in connection with Work covered by prior Applications for Payment numbered 1 through j!inclusive; (2) title of all Work, materials and equipment incorporated in said Work or otherwise listed in or covered by this Application for Payment will pass to Owner at time of payment free and clear of all liens, security interests and encumbrances;(3) the items covered by this Application for Payment have not been paid and there is no vendor's. mechanic's, or other liens or rights to liens or conditional sales contracts which should be satisfied or discharged before such payment is made; (4) all items and amounts shown on the face of the Application No _!§_are correct and (5) all Work has been completed in full accordance with the terms and conditions of the Agreement between the Owner and Contractor dated November 4, 2024 and the Work is not defective.
CO	•	p, Inc.
August 29, 2025 Date
Jerry E. Thompson, Jr. / President Printed Name and Title

.- .

COUNTY OF	Volusia
STATE OF FL�O'."""R-I DA	
Before me on this  � '1M	day of	 A_u g_u_st_20_2_s  

,	, appeared

,...;J_e_rry......,;;;.E...._T_h_om,_ps_o_n_J_r	,who is personally known to me, or has produced
	as identification and who did take an oath who, being duly sworn did depose and say that he/she is the	President	of the Contractor above- mentioned; that he/she executed the above Application for Payment and statement on behalf of

_.,',��\!ff;,,,  BIBIANA A FIGUEROA
:;-cf�'c>�Notary Public-State of Florida
�;.	;g  Commission# HH 362592
�J,Jo,,,.o�	My Commission Expires ''""''		February 14, 2027

fr������-����o�·�nd t6hat all ·of th,e statemen�ts contained therein are true, correct and complete.
�  "�		00 a...-,
�	�
(Notary Public in and fort	County and State Aforementioned)

s	[	My commI•ssI.on expi.res:

February 1,7 2027	_

SUBCONTRACTOR AND SUPPLIER LISTING

The following is a list of Subcontractors and Suppliers who have performed Work or provided equipment or materials during time period represented by this Application and the dollar amount of the Work or equipment/materials provided (add to the table as necessary to provide a complete list). This list shall be used to track all required subcontractor/supplier lien releases for the Project.

NAME	AMOUNT	
United Rentals	$246.10	
Sunstate Equipment Co.	$2,236.30,	
Sunstate Equipment Co.	$2,416.12	

		

CERTIFICATION OF ENGINEER
In accordance with the Contract Documents, based on on-site observations and the data comprising the above application, the Engineer certifies to the Owner that the Work has progressed to the point indicated and, that to the best of his knowledge, has been performed in accordance with the Contract Documents, and that the Contractor is entitled to payment for the Amount Certified.
59,327.50
The Amount certified is:    $

   Boyd Environme·ntal Engineering, Inc.	
DiEgitnallygsiignneed bey rJa.mes C. Boyd

DN: cn=James C. Boyd, o=Boyd Environmental Engineering, Inc., email=jboyd@boydenvironmental.com, c=US Date: 2025.09.04 10:01:24 -04'00'
Signature of Authorized Representative James C. Boyd, P.E.
Printed or Typed Name and Title of Authorized Representative

REQUIRED ATTACHMENTS

September 4, 2025
Date

Monthly Application for Payment	Final Application for Payment	
1.  Updated Project Schedule	1. Waiver and Release of Lien Upon Final Payment
(Contractor, Subcontractors and Suppliers)	
2. Waiver and Release of Lien Upon Progress Payment (Contractor, Subcontractors and Suppliers)	2.  Fully Executed Warranty Bond'	
	3.  Fully Executed Consent of Surety to Final Payment	

FORM OF REQUISITION

BELLA COLLINA COMMUNITY DEVELOPMENT DISTRICT (LAKE COUNTY, FLORIDA)
SPECIAL ASSESSMENT BONDS, SERIES 2024
The undersigned, a Responsible Officer of Bella Collina Community Development District (the "District"), hereby submits the following requisition for disbursement under and pursuant to the terms of the Trust Indenture from the District to Regions Bank, as trustee (the "Trustee"), dated as of December 1, 2004, as supplemented by the Second Supplemental Trust Indenture between the District and the Trustee, dated as of September 1, 2024 (collectively, the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 43

Name of Payee: The Colinas Group, Inc.
2031 East Edgewood Drive, Suite 5
Lakeland, FL 33803
Amount Payable: $4,242.00
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of issuance, if applicable):

Invoice #O-898-8 – Well Construction & Testing Oversight – Aug./Sept. 2025

Fund or Account from which disbursement to be made:
Series 2024 Acquisition and Construction Account
The undersigned hereby certifies that:
□ obligations in the stated amount set forth above have been incurred by the District, or
□	this requisition is for Costs of Issuance payable from the Acquisition and Construction Fund that have not previously been paid;
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Fund;
each disbursement set forth above was incurred in connection with the acquisition and/or construction of the Project;
each disbursement represents a Cost of the Project which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Attached hereto are originals of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested.

BELLA COLLINA
COMMUNITY DEVELOPMENT DISTRICT

Responsible Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement from other than Costs of Issuance, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

$4,242.00

Thank you for your business. If you have any questions, please call Bob Oros at
(407) 622-8176

Please send remittance to:
THE COLINAS GROUP, INC	INVOICE
2031 East Edgewood Drivee Suite 5
Lakeland, FL 33803
Attn: Jackie Gonzalez

	DATE	INVOICE #	
	9-5-2025	O-898-8	
BILL TO:	PROJECT	
Bella Collina Community Development District Governmental Management Services
Central Florida, LLC 219 E. Livingston St. Orlando, Florida 32801
Attn: District Manager	Bella Collina Irrigation Wells
Well Construction Oversight & Testing 8-19-25 to 9-5-25	
P.O. NO.	TERMS: 30 days	DUE DATE: 10-5-2025	PROJECT NO: O-898	
DESCRIPTION	QUANTITY	UNIT	RATE	AMOUNT	
Bella Collina Irrigation Wells
Well Construction Oversight & Testing Summary Report
Principal Geologist (R. Oros) On-site: 8-19, 8-26, 8-29, 9-2
Mileage Road tolls

Principal Geologist (R. Oros) Report	

25
260
4

15	

hour
mile each

hour	

$100/hr
$0.70/mi
$15

$100/hr	

$2,500.00
182.00
60.00

1,500.00	

Section VII

Section C

Section 1

Bella Collina
Community Development District

Summary of Invoices

August 01, 2025 - August 31, 2025

Fund	Date	Check No.'s	Amount	
General Fund	
8/6/25	
1548-1550	
$	4,191.50	
	8/15/25	1551-1552	9,211.39	
	8/28/25	1553	870.27	
			$	14,273.16	
Water & Sewer Fund	

8/6/25	

2481-2487	

$	49,508.12	
	8/15/25	2488-2491	19,134.40	
	8/21/25	2492-2499	26,294.60	
	8/28/25	2500	4,084.75	
			$	99,021.87	
W&S Reserve Fund	

8/6/25	

58	

$	12,000.00	
			$	12,000.00	
Payroll	

August 2025			
	Andrew Gorrill	50334	$	184.70	
	David Burman	50335	184.70	
	Duane Owen	50336	184.70	
	Randall Greene	50337	184.70	
	Ricky Scharich	50338	184.70	
			$	923.50	
	TOTAL		$	126,218.53	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/04/25	PAGE	1
*** CHECK DATES 08/01/2025 - 08/31/2025 ***	GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/06/25 00044	8/05/25 4455	202507 310-51300-31100	*	650.00
BOLSENA-DRAIN PND MNT/MTG
BOYD CIVIL ENGINEERING INC	650.00 001548
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/06/25 00053	7/24/25 7	202507 310-51300-31700	*	500.00
REV.AMORT SCHED SER2004
DISCLOSURE SERVICES LLC	500.00 001549
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/06/25 00060	8/01/25 1124	202508 320-53800-47200	*	3,041.50
DRY RETENTION POND AUG25
THOMPSON'S NURSERY INC	3,041.50 001550
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/15/25 00013	8/01/25 923	202508 310-51300-34000	*	4,864.08
MANAGEMENT FEES AUG25
8/01/25 923	202508 310-51300-35200	*	105.00
WEBSITE ADMIN AUG25
8/01/25 923	202508 310-51300-35100	*	157.50
INFORMAION TECH AUG25
8/01/25 923	202508 310-51300-31700	*	512.50
DISSEMIANTION FEE AUG25
8/01/25 923	202508 310-51300-51000	*	.21
OFFICE SUPPLIES
8/01/25 923	202508 310-51300-42000	*	4.88
POSTAGE
8/01/25 923	202508 310-51300-42500	*	8.40
COPIES
8/01/25 924	202508 320-53800-12000	*	2,138.33
FIELD MANAGEMENT AUG25
GOVERNMENTAL MANAGEMENT SERVICES	7,790.90 001551
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/15/25 00038	8/12/25 143008	202507 310-51300-31500	*	1,420.49
PRP TSK LST/ISBA/INTERLOC
LATHAM LUNA EDEN & BEAUDINE LLP	1,420.49 001552
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/28/25 00003	7/02/25 12147180 202507 310-51300-48000	*	452.01
NOT.EMRGCY-PERMIT82832-45
7/02/25 12147180 202507 310-51300-48000	*	418.26
NOT.EMRGCY-PERMIT86624-12
ORLANDO SENTINEL	870.27 001553
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	14,273.16
TOTAL FOR REGISTER	14,273.16 PISL BELLA COLLINA	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/04/25	PAGE	1
*** CHECK DATES 08/01/2025 - 08/31/2025 ***	WATER & SEWER FUND
BANK B WATER&SEWER FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/06/25 00042	8/01/25 4804	202507 310-53600-31100	*	16,097.00
WTR USE EVAL/PRS.MNTR/MAP
BOYD ENVIRONMENTAL ENGINEERING INC	16,097.00 002481
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/06/25 00019	7/03/25 344723	202506 320-53600-34000	*	2,985.00
WATER PLANT SERVICE JUN25
7/03/25 344723	202506 320-53600-34200	*	7,950.00
SEWER PLANT SERVICE JUN25
7/03/25 344723	202506 320-53600-46800	*	4,094.00
TEST ANLAYSIS PERMIT JUN
7/03/25 344723	202506 320-53600-47500	*	318.87

GENERAL	UTILITIES	15,347.87	002482	
- - - - - - - -	- - - - - - -	- - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
8/06/25 00082	7/24/25 6941	202507 320-53600-47000	*	250.00	
LOT	398A-REINSPECTION FEE	
7/24/25 6942	202507 320-53600-47000	*	250.00	
LOT	181-REINSPECTION FEE	
7/25/25 6948	202507 320-53600-47000	*	456.00	
LOT	318-INST.FBRGLSS RISE	
7/31/25 6970	202507 320-53600-47000	*	250.00	
LOT	206-REINSPECTION FEE	

CHLORINE STIX/HYPOCHL.TST

MESSINA & ASSOCIATES INC	1,206.00 002483

8/06/25 00095	7/23/25	
	7/23/25	
	7/23/25	
	7/23/25	
	7/23/25	
	7/23/25	
	7/24/25	
	7/24/25	
	7/24/25	
	7/24/25	
	7/24/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
15323	202507 320-53600-46200	*	733.00
LOT 152W-INST.POTABLE MTR
15323	202507 320-53600-46200	*	45.00
INTALL POTABLE METER BOX
15324	202507 320-53600-46200	*	818.00
LOT 223-INST.IRRG.METER
15324	202507 320-53600-46200	*	34.75
INSTALL IRRG.METER BOX
15325	202507 320-53600-46200	*	733.00
LOT 223-INST.POTABLE MTR
15325	202507 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
15429	202507 320-53600-46400	*	310.00
LOT 264W-FIND SEWER WHIP
15430	202507 320-53600-46400	*	438.00
LOT 289W-FIND SEWER WHIP
15431	202507 320-53600-46400	*	310.00
LOT 318-FIND SEWER WHIP
15432	202507 320-53600-46400	*	336.00
LOT 438-FIND SEWER WHIP
15433	202507 320-53600-46400	*	504.00
LOT 451-FIND SEWER WHIP
PISL BELLA COLLINA	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/04/25	PAGE	2
*** CHECK DATES 08/01/2025 - 08/31/2025 ***	WATER & SEWER FUND
BANK B WATER&SEWER FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/25/25 15441	202507 320-53600-47000	*	433.00

	7/25/25	
	7/29/25	
	8/01/25	
	8/01/25	
	8/01/25	
	8/01/25	
	8/01/25	

16006 VETTA-RPR START CAP
15446	202507 320-53600-47000	*	535.00
LOT 92-93-SV CALL-GP INSP
15426	202507 320-53600-47000	*	5,676.00
16046 VOLTERRA-PUMP/CABLE
15439	202507 320-53600-46400	*	951.00
LOT 261W-EXTEND SWR WHIP
15554	202507 320-53600-47100	*	420.00
17002 MEDICI-JET CLN WELL
15555	202507 320-53600-47100	*	420.00
LOT 454-JET CLN WET WELL
15556	202507 320-53600-47100	*	420.00
LOT 306W-JET CLN WET WELL
15557	202507 320-53600-47100	*	420.00
15931 VETTA-JET CLN WELL
RCM UTILITIES	13,581.75 002485
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/06/25 00105	8/01/25 1124	202508 320-53600-47300	*	908.50
WW/WELL SITE MAINT AUG25
THOMPSON'S NURSERY, INC.	908.50 002486

8/06/25 00110	7/25/25	
	7/25/25	
	7/29/25	
	7/29/25	
	7/29/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1941	202507 320-53600-46400	*	525.00
1624 PENDIO-RPR LK/CRBSTP
1943	202507 320-53600-46400	*	542.00
15629 PENDIO-CRBSTP/CLAMP
1955	202507 320-53600-46400	*	425.00
15601 VETTA-PRELUBE/PVC
1956	202507 320-53600-46400	*	375.00
15617 PENDIO-LWR/EXTD LIN
1957	202507 320-53600-46400	*	500.00
RESET/PUMP-SIENA TWR LIFT
UTILITY REPAIR EXPERTS LLC	2,367.00 002487
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/15/25 00111	7/30/25 32340303 202507 320-53600-46300	*	2,069.48

GAS	&	APPLIANCE		
- -	-	- - - - -	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	
										*						4,166.67	

737.70 PROPANE/COMPLIANCE

BLOSSMAN
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/15/25 00014	8/01/25 925	202508 320-53600-46000
UTILITY BILLING AUG25
8/01/25 925	202508 310-53600-51000
OFFICE SUPPLIES
8/01/25 925	202508 310-53600-42000
POSTAGE
8/01/25 926	202508 320-53600-12000
FIELD MANAGEMENT AUG25

2,069.48 002488
- - - - - - - -

	*	9.99	
	*	229.84	

COLLINA	TVISCARRA	*	4,166.67	

PISL BELLA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/04/25	PAGE	3
*** CHECK DATES 08/01/2025 - 08/31/2025 ***	WATER & SEWER FUND

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK..... AMOUNT	#	
	8/01/25 927	202508 310-51300-34000	*		1,389.75		
	MANAGEMENT FEES AUG25
8/01/25 927	202508 310-51300-35100	*
GOVERNMENTAL MANAGEMENT SERVICES		105.00	

10,067.92 002489	
- - - - - - - - 8/15/25 99999	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/15/25 VOID	202508 000-00000-00000	C
******INVALID VENDOR NUMBER******	- - - - -	- - - - -	- - - - - - - -

.00 002490	
- - - - - - - - 8/15/25 00095	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/08/25 15326	202508 320-53600-46200	*
8/08/25 15326	202508 320-53600-46200	*	- - - - -	- - - - -

45.00	- - - - - - - -	
	INSTALL POTABLE METER BOX
8/08/25 15326	202508 320-53600-46200	*		818.00		
	LOT 61A-INST.IRRIG.METER
8/08/25 15326	202508 320-53600-46200	*		34.75		
	INSTALL IRRIG.METER BOX
8/11/25 15516	202508 320-53600-46200	*		818.00		
	17043 CRETE-RPLC IRRG MTR
8/11/25 15517	202508 320-53600-46200	*		170.00		
	16712 ARTIMI-RPLC IRG MTR
8/12/25 15525	202508 320-53600-46200	*		733.00		
	16989 LUCCA-INST.WTR MTR
8/12/25 15525	202508 320-53600-46200	*		45.00		
	INSTALL POTABLE METER BOX
8/12/25 15526	202508 320-53600-46200	*		818.00		
	16989 LUCCA-INST.IRRG.MTR
8/12/25 15526	202508 320-53600-46200	*		34.75		
	8/12/25 15527	202508 320-53600-46200	*
8/12/25 15527	202508 320-53600-46200	*		733.00
45.00		
	INSTALL POTABLE METER BOX
8/12/25 15528	202508 320-53600-46200	*		818.00		
	15828 PENDIO-INST.IRG.MTR
8/12/25 15528	202508 320-53600-46200	*		34.75		
	INSTALL IRRIGATION MTR BX
8/13/25 15523	202508 320-53600-46200	*		45.00		
	LOT 58-INST.POT.METER BOX
8/13/25 15523	202508 320-53600-46200	*		134.00		
	LOT 58-INST.POT.WARRANTY
8/13/25 15524	202508 320-53600-46200	*		818.00		
	LOT 58-INST.IRRG METER
8/13/25 15524	202508 320-53600-46200	*		34.75		
	INSTALL IRRIGATION MTR BX
RCM UTILITIES			6,997.00 002491	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - -	- - - - -	- - - - - - - -	

BANK B WATER&SEWER FUND

INFORMATION TECH AUG25

VOID CHECK

.00

LOT 61A-INST.POTABLE MTR

818.00

INSTALL IRRIGATION MTR BX LOT 52A-INSTALL WATER MTR

PISL BELLA COLLINA	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/04/25	PAGE	4
*** CHECK DATES 08/01/2025 - 08/31/2025 ***	WATER & SEWER FUND
BANK B WATER&SEWER FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/21/25 00070	7/24/25 I77956	202507 320-53600-46700	*	315.00
ANNUAL MAJOR PMI FEE-WELL
ALTERNATIVE POWER SOLUTIONS, INC	315.00 002492
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/21/25 00101	8/13/25 24285	202508 320-53600-46400	*	410.00
4 FIRE EXTG RECHARG/INSP
COUNTY FIRE ELITE PROTECTION LLC	410.00 002493
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/21/25 00076	8/14/25 14827829 202508 320-53600-46400	*	1,220.54
HILLCREST-ADD REFRG/SWAGE
8/14/25 14833732 202508 320-53600-46400	*	239.78
WATER TREAT.PLNT-HVAC SVC
8/14/25 14833782 202508 320-53600-46400	*	239.78
SEWER TREAT.PLNT-HVAC SVC
FRANK'S AIR CONDITIONING, INC.	1,700.10 002494
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/21/25 99999	8/21/25 VOID	202508 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 002495
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/21/25 99999	8/21/25 VOID	202508 000-00000-00000	C	.00 VOID CHECK
******INVALID VENDOR NUMBER******	.00 002496

	*	535.00	
	*	658.00	
	*	1,173.00	
	*	663.00	
	*	951.00	
	*	733.00	
	*	34.75	
	*	533.00	
	*	459.00	
	*	818.00	

COLLINA	TVISCARRA	*	45.00	

8/21/25 00095	8/04/25	
	8/04/25	
	8/06/25	
	8/06/25	
	8/07/25	
	8/08/25	
	8/08/25	
	8/08/25	
	8/08/25	
	8/13/25	
	8/13/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
15460	202507 320-53600-47000
16046 VOLTERA-FILL WELL
15478	202507 320-53600-47000
LOT 448-RPLC STATOR/INSP
15510	202508 320-53600-47000
16006 VETTA-BRKR/PUMP DWN
15515	202507 320-53600-47000
15931 VETTA-TURN ON BRKR
15601	202508 320-53600-46400
LOT 438-EXTEND WHIP
15469	202508 320-53600-46200
LOT 152W-INST.IRRIG METER 15469	202508 320-53600-46200
INSTALL IRRIGATION MTR BX 15469	202508 320-53600-46400
LOT 152W-LOCATE/RDY WHIP
15564	202508 320-53600-47000
16024 PENDIO-CLN FLT/INSP
15519	202508 320-53600-46200
LOT 124W-INST.POTABLE MTR 15519	202508 320-53600-46200
INSTALL POTABLE METER BOX
PISL BELLA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/04/25	PAGE	5
*** CHECK DATES 08/01/2025 - 08/31/2025 ***	WATER & SEWER FUND
BANK B WATER&SEWER FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/13/25 15519	202508 320-53600-46200	*	818.00
LOT 124W-INST.IRRIG.METER
8/13/25 15519	202508 320-53600-46200	*	34.75
INSTALL IRRIGATION MTR BX
8/13/25 15519	202508 320-53600-46400	*	510.00
LOT 124W-RPLC POT.Y FITNG
8/18/25 15521	202508 320-53600-46200	*	818.00
LOT 102W-INST.POTABLE MTR
8/18/25 15521	202508 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
8/18/25 15521	202508 320-53600-46200	*	818.00
LOT 102W-INST.IRRIG.METER
8/18/25 15521	202508 320-53600-46200	*	34.75
INSTALL IRRIGATION MTR BX
8/18/25 15522	202508 320-53600-46200	*	818.00
LOT 91W-INST.POTABLE MTR
8/18/25 15522	202508 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
8/18/25 15522	202508 320-53600-46200	*	818.00
LOT 91W-INST.IRRIGAT MTR
8/18/25 15522	202508 320-53600-46200	*	34.75
INSTALL IRRIGATION MTR BX
8/18/25 15586	202508 320-53600-46200	*	818.00
LOT 404-INST.POTABLE MTR
8/18/25 15586	202508 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
8/18/25 15586	202508 320-53600-46200	*	818.00
LOT 404-INST.IRRIGAT MTR
8/18/25 15586	202508 320-53600-46200	*	34.75
INSTALL IRRIGATION MTR BX
8/18/25 15593	202508 320-53600-47000	*	4,567.00
15425 PEND-RPLC PUMP/INSP
8/20/25 15591	202508 320-53600-46200	*	818.00
LOT 470-INST.POTABLE MTR
8/20/25 15591	202508 320-53600-46200	*	45.00
INSTALL POTABLE METER BOX
8/20/25 15591	202508 320-53600-46200	*	818.00
LOT 470-INST.IRRIGAT MTR
8/20/25 15591	202508 320-53600-46200	*	34.75
INSTALL IRRIGATION MTR BX
RCM UTILITIES	19,395.50 002497
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/21/25 00110	8/04/25 1962	202507 320-53600-46400	*	542.00
16516 BOLSENA-PLY/CS/CLMP
8/04/25 1963	202508 320-53600-46400	*	390.00
16217 RAVENNA-POLY/CRBSTP
PISL BELLA COLLINA	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/04/25	PAGE	6
*** CHECK DATES 08/01/2025 - 08/31/2025 ***	WATER & SEWER FUND
BANK B WATER&SEWER FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/04/25 1964	202508 320-53600-46400	*	125.00
16254 VOLTERRA-CHECK LEAK
8/08/25 1967	202508 320-53600-46400	*	425.00
16048 TRIVOL-RPR RISR/PVC
8/08/25 1968	202508 320-53600-46400	*	542.00
16622 BOLSENA-RPR PIP/CS.
8/08/25 1969	202508 320-53600-46400	*	542.00
15730 PENDIO-INST.CURBSTP
8/15/25 1973	202508 320-53600-46400	*	375.00
16106 PENDIO-TURN OFF MTR
8/15/25 1974	202508 300-13100-10300	*	453.00
15618 PENDI-INST.RPR CLMP
8/15/25 1975	202508 320-53600-46200	*	580.00

	UTILITY REPAIR EXPERTS LLC															3,974.00	002498	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
8/21/25 00109	8/20/25 010-6314 202507 310-53600-52000							*							500.00			
	MTG/BRD PRESENT/RATE STDY																	
	WILLDAN FINANCIAL SERVICES															500.00	002499	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
8/28/25 00095	8/27/25 15683	202508 320-53600-46200							*							733.00			
	LOT 45A-RPLC POTABLE MTR																	
	8/27/25 15686	202508 320-53600-46200							*							818.00			
	LOT 20-RPLC POTABLE METER																	
	8/27/25 15689	202508 320-53600-46200							*							818.00			
	LOT 44A-INST.POTABLE MTR																	
	8/27/25 15689	202508 320-53600-46200							*							45.00			
	INSTALL POTABLE METER BOX																	
	8/27/25 15689	202508 320-53600-46200							*							818.00			
	8/27/25 15689	202508 320-53600-46200							*							34.75			
	INSTALL IRRIGATION MTR BX																	
	8/28/25 15685	202508 320-53600-46200							*							818.00			
	LOT 67A-RPLC IRRIGAT.MTR																	

S.TWR LFT-INST.SEAL PUMP2

LOT 44A-INST.IRRIG.METER

RCM UTILITIES	4,084.75 002500
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK B	99,021.87
TOTAL FOR REGISTER	99,021.87

PISL BELLA COLLINA	TVISCARRA

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	9/04/25	PAGE	1
*** CHECK DATES 08/01/2025 - 08/31/2025 ***	W&S CAPITAL RESERVE FUND
BANK D WATER&SEWER FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/06/25 00023	8/01/25 2177668	202508 320-53600-60000	*	12,000.00
NEW NEPTUNE HNDHLD DEVICE
FERGUSON US HOLDINGS INC	12,000.00 000058
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK D	12,000.00
TOTAL FOR REGISTER	12,000.00

PISL BELLA COLLINA	TVISCARRA

Section 2

Bella Collina
Community Development District

Unaudited Financial Reporting
August 31, 2025

Table of Contents

1

2

3

4

5

6

7

8-9

10-11

12

13

14

15

	Balance Sheet

	General Fund Income Statement

	General Fund Month to Month

	GF Capital Reserve Income Statement

	Debt Service Fund Series 2004 Income Statement

	Debt Service Fund Series 2024 Income Statement

	Capital Projects Fund Series 2024 Income Statement

	Water & Sewer Income Statement

	Water & Sewer Month to Month

	WS Capital Reserve Income Statement

	Long Term Debt Summary

	Assessment Receipt Schedule

	Construction Schedule Series 2024

Bella Collina
Community Development District Balance Sheet
August 31, 2025

	General Fund	Capital Reserve
- (GF) Fund	Debt Service Fund	Capital Projects Fund	Water & Sewer Fund	Capital Reserve
- (W&S) Fund	Totals Governmental Funds	
Assets:								

Cash - Truist Bank Investments: Series 2004

$	86,565	$

12,337	$	-	$

-	$	891,261	$

40,533	$

1,030,696

Reserve	-	-	737,909	-	-	-	737,909	
Revenue	-	-	300,266	-	-	-	300,266	
Interest	-	-	67	-	-	-	67	
Prepayment	-	-	400	-	-	-	400	
Redemption	-	-	1,148	-	-	-	1,148	
Escrow RAF	-
Series 2024
Reserve	-	-

-	-

399,068	-

-	81,559

-	-

-	81,559

399,068	
Revenue	-	-	-	-	-	-	-	
Capitalized Interest	-	-	315,654	-	-	-	315,654	
Construction	-	-	-	4,799,967	-	-	4,799,967	
Cost of Issuance	-	-	-	2	-	-	2	
State Board of Administration	122,889	559,577	-	-	431,594	1,922,960	3,037,019	
Accounts Receivable	-	-	-	107,156	-	107,156	
Due from Other	-	-	-	-	22,464	-	22,464	
Prepaid Expenses - Grinder Pumps	-	-	-	-	92,471	-	92,471	
Net Improvements	-	-	-	-	5,125,592	-	5,125,592	
Total Assets	$	209,453	$	571,914	$	1,754,513	$	4,799,970	$	6,752,097	$	1,963,493	$	16,051,440	
Liabilities:
Accounts Payable	

$	1,880	

$	-	$	-	$	125,698	

$	13,409	

$	-	$	

140,987	
Contracts Payable	-	-	-	67,618	-	-	67,618	
Due to Developer - Escrow	-	-	-	-	284,946	-	284,946	
Due to Developer - Guarantee Connections	-	-	-	-	3,271,160	-	3,271,160	
Deferred Revenue - Grinder Pump	-	-	-	-	279,381	-	279,381	
Total Liabilities	$	1,880	$	-	$	-	$	193,316	$	3,848,897	$	-	$	4,044,093	

Fund Balances:						
Restricted For Debt Service 2004	$	-	$	-	$	1,039,790	$	-	$	-	$	-	$	1,039,790	
Restricted For Debt Service 2024	-	-	714,723	-	-	-	714,723	
Restricted For Capital Projects	-	-	-	4,606,654	78,529	-	4,685,183	
Invested in Capital Assets, Net of Related Debt	-	-	-	-	(467,863)	-	(467,863)	
Unrestricted	-	571,914	-	-	3,292,534	1,963,493	5,827,941	
Unassigned	207,573	-	-	-	-	-	207,573	
Total Fund Balances	$	207,573	$	571,914	$	1,754,513	$	4,606,654	$	2,903,200	$	1,963,493	$	12,007,347	
								
Total Liabilities & Fund Equity	$	209,453	$	571,914	$	1,754,513	$	4,799,970	$	6,752,097	$	1,963,493	$	16,051,440	
			1					

Bella Collina
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending August 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/25	Thru 08/31/25	Variance	

Revenues:		
Special Assessments	$	200,649	$	200,649	$	202,653	$	2,004	
Interest	3,000	2,750	5,262	2,512	
Total Revenues	$	203,649	$	203,399	$	207,915	$	4,516	

Expenditures:					
Administrative:					
Supervisor Fees	$	6,000	$	5,500	$	8,600	$	(3,100)	
FICA Expense	459	421	658	(237)	
Engineering Fees	8,000	7,333	7,523	(190)	
Attorney	10,000	9,167	19,285	(10,118)	
Arbitrage	600	600	600	-	
Dissemination	6,150	5,638	6,138	(500)	
Annual Audit	2,713	2,713	2,625	88	
Trustee Fees	7,000	3,500	3,500	-	
Assessment Administration	6,750	6,750	6,750	-	
Management Fees	58,369	53,505	53,505	0	
Information Technology	1,890	1,733	1,733	-	
Website Maintenance	1,260	1,155	1,155	-	
Telephone	100	92	-	92	
Postage	1,500	1,375	830	545	
Printing & Binding	1,000	917	62	854	
Insurance	10,000	10,000	9,921	79	
Legal Advertising	1,500	1,375	3,783	(2,408)	
Other Current Charges	487	446	155	291	
Office Supplies	200	183	64	119	
Dues, Licenses & Subscriptions	175	175	175	-	
Total Administrative:	$	124,153	$	112,577	$	127,061	$	(14,484)	
Operations & Maintenance					
Field Services	$	25,660	$	23,522	$	23,522	$	0	
Pond Maintenance	36,498	33,457	33,457	-	
Stormwater Repairs & Maintenance	10,000	9,167	3,341	5,825	
Total Operations & Maintenance:	$	72,158	$	66,145	$	60,320	$	5,825	
Reserves					
Capital Reserve Transfer	$	7,338	$	7,338	$	7,338	$	-	
Total Reserves	$	7,338	$	7,338	$	7,338	$	-	
					
Total Expenditures	$	203,649	$	186,060	$	194,718	$	(8,659)	
					
Excess Revenues (Expenditures)	$	-		$	13,197		
					
Fund Balance - Beginning	$	-		$	194,376		
					
Fund Balance - Ending	$	-		$	207,573		

2

Bella Collina

Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total

Community Development District Month to Month
Revenues:

Special Assessments	$	-	$	20,535	$	133,740	$	5,487	$	8,640	$	2,084	$	7,096	$	7,730	$	17,340	$	-	$	-	$	-	$	202,653	
Interest	632	541	474	463	417	460	445	461	446	462	462	-	5,262	
Total Revenues	$	632	$	21,077	$  134,214	$	5,950	$	9,056	$	2,544	$	7,541	$	8,191	$	17,786	$	462	$	462	$	-	$	207,915	

Expenditures:														
Administrative:
Supervisor Fees	
$	-	
$	800	
$	800	
$	600	
$	600	
$	600	
$	1,400	
$	-	
$	2,000	
$	800	
$	1,000	
$	-	$	
8,600	
FICA Expense	-	61	61	46	46	46	107	-	153	61	77	-	658	
Engineering Fees	-	603	910	715	260	195	260	570	1,479	650	1,880	-	7,523	
Attorney	3,703	2,025	1,294	2,700	1,520	2,865	1,587	135	2,036	1,420	-	-	19,285	
Arbitrage	-	-	-	600	-	-	-	-	-	-	-	-	600	
Dissemination	513	513	513	513	513	513	513	513	513	1,013	513	-	6,138	
Annual Audit	-	-	-	-	-	-	-	-	2,625	-	-	-	2,625	
Trustee Fees	-	3,500	-	-	-	-	-	-	-	-	-	-	3,500	
Assessment Administration	6,750	-	-	-	-	-	-	-	-	-	-	-	6,750	
Management Fees	4,864	4,864	4,864	4,864	4,864	4,864	4,864	4,864	4,864	4,864	4,864	-	53,505	
Information Technology	158	158	158	158	158	158	158	158	158	158	158	-	1,733	
Website Maintenance	105	105	105	105	105	105	105	105	105	105	105	-	1,155	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage	27	47	37	62	160	240	37	30	63	122	5	-	830	
Printing & Binding	5	3	22	1	-	16	6	1	1	-	8	-	62	
Insurance	9,921	-	-	-	-	-	-	-	-	-	-	-	9,921	
Legal Advertising	915	235	915	-	-	-	253	-	595	870	-	-	3,783	
Other Current Charges	-	-	-	-	-	-	105	-	-	50	-	-	155	
Office Supplies	0	0	53	9	1	0	0	0	0	0	0	-	64	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total Administrative:	$	27,135	$	12,913	$	9,731	$	10,372	$	8,226	$	9,601	$	9,394	$	6,376	$	14,591	$	10,113	$	8,609	$	-	$	127,061	

Operations & Maintenance
Field Services	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	2,138	

$	-	$	

23,522	
Pond Maintenance	3,042	3,042	3,042	3,042	3,042	3,042	3,042	3,042	3,042	3,042	3,042	-	33,457	
Stormwater Repairs & Maintenance	-	-	-	-	-	-	-	3,341	-	-	-	-	3,341	
Total Operations & Maintenance:	$	5,180	$	5,180	$	5,180	$	5,180	$	5,180	$	5,180	$	5,180	$	8,521	$	5,180	$	5,180	$	5,180	$	-	$	60,320	

Reserves														
Capital Reserve Transfer	$	-	$	-	$	7,338	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	7,338	
Total Reserves	$	-	$	-	$	7,338	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	7,338	
														
Total Expenditures	$	32,315	$	18,093	$	22,249	$	15,552	$	13,405	$	14,780	$	14,574	$	14,897	$	19,771	$	15,293	$	13,789	$	-	$	194,718	
														
Excess Revenues (Expenditures)	$	(31,683)	$	2,983	$	111,965	$	(9,602)	$	(4,349)	$	(12,236)	$	(7,033)	$	(6,706)	$	(1,984)	$	(14,831)	$	(13,327)	$	-	$	13,197	

3

Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending August 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/25	Thru 08/31/25	Variance	

Revenues:		
Transfer In	$	7,338	$	7,338	$	7,338	$	-	
Interest	22,500	20,625	22,995	2,370	
Total Revenues	$	29,838	$	27,963	$	30,333	$	2,370	

Expenditures:					
Contingency	$	600	$	550	$	409	$	141	
Capital Outlay	-	-	-	-	
Total Expenditures	$	600	$	550	$	409	$	141	
					
Excess Revenues (Expenditures)	$	29,238	$	27,413	$	29,924		
					
Fund Balance - Beginning	$	541,704		$	541,990		
					
Fund Balance - Ending	$	570,942		$	571,914		

Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending August 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/25	Thru 08/31/25	Variance	

Revenues:		
Special Assessments	$	1,269,901	$	1,269,901	$	1,282,595	$	12,694	
Interest	75,000	68,750	55,252	(13,498)	
Total Revenues	$	1,344,901	$	1,338,651	$	1,337,847	$	(804)	

Expenditures:					
Series 2004
Interest - 11/01	

$	321,138	

$	321,138	

$	321,138	

$	-	
Special Call - 11/01	830,000	830,000	870,000	(40,000)	
Principal - 05/01	695,000	695,000	750,000	(55,000)	
Interest - 05/01	297,275	297,275	296,125	1,150	
Special Call - 05/01	-	-	50,000	(50,000)	
Total Expenditures	$	2,143,413	$	2,143,413	$	2,287,263	$	(143,850)	

Other Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Excess Revenues (Expenditures)	$	(798,512)		$	(949,416)		
					
Fund Balance - Beginning	$	1,096,654		$	1,989,205		
					
Fund Balance - Ending	$	298,143		$	1,039,790		

Community Development District Debt Service Fund - Series 2024
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending August 31, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 08/31/25	Thru 08/31/25	Variance	
Revenues:					
Interest	$	-	$	-	$	32,367	$	32,367	
Total Revenues	$	-	$	-	$	32,367	$	32,367	

Expenditures:					
Series 2024
Interest - 11/01	

$	72,671	

$	72,671	

$	72,671	

$	(0)	
Principal - 05/01	-	-	-	-	
Interest - 05/01	297,289	297,289	297,289	-	
Total Expenditures	$	369,959	$	369,959	$	369,959	$	(0)	

Other Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Excess Revenues (Expenditures)	$	(369,959)		$	(337,592)		
					
Fund Balance - Beginning	$	667,248		$	1,052,315		
					
Fund Balance - Ending	$	297,289		$	714,723		

Community Development District Capital Projects Fund - Series 2024
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending August 31, 2025

	Adopted		Prorated Budget	Actual		
		Budget		Thru 08/31/25	Thru 08/31/25	Variance	
Revenues:							
Interest	$		-	$		-	$	227,357	$	227,357	
Total Revenues	$		-	$		-	$	227,357	$	227,357	

Expenditures:							
Series 2024
Capital Outlay	

$		

-	$		

-	$	1,971,963	

$	(1,971,963)	
Total Expenditures	$		-	$		-	$	1,971,963	$	(1,971,963)	

Other Sources/(Uses)							
Transfer In/(Out)	$		-	$		-	$	-	$	-	
Total Other Financing Sources (Uses)	$		-	$		-	$	-	$	-	
							
Excess Revenues (Expenditures)	$		-		$	(1,744,606)		
							
Fund Balance - Beginning	$		-		$	6,351,260		
							
Fund Balance - Ending	$		-		$	4,606,654		

	Adopted	Prorated Budget	Actual		
	Budget	Thru 08/31/25	Thru 08/31/25	Variance	
Revenues:					
Water Utility Revenue
Monthly Potable Water Consumption	

$	223,600	

$	204,967	

$	238,368	

$	33,401	
Monthly Wastewater Consumption	347,150	318,221	380,876	62,655	
Monthly Irrigation Consumption	588,400	539,367	644,668	105,301	
Special Assessments	79,919	79,919	80,162	243	
Miscellaneous Revenue	50,000	45,833	70,523	24,690	
Interest	18,000	16,500	37,080	20,580	
Total Revenues	$	1,307,069	$	1,204,807	$	1,451,677	$	246,871	

Expenditures:					
Administrative
Engineering Fees	

$	75,000	

$	68,750	

$	111,771	

$	(43,021)	
Attorney Fees	15,500	14,208	-	14,208	
Annual Audit	2,713	2,713	2,625	88	
Management Fees	16,677	15,287	15,287	-	
Information Technology	1,260	1,155	1,155	-	
Postage	2,250	2,063	2,471	(408)	
Printing & Binding	350	321	202	119	
Other Current Charges	600	550	1,107	(557)	
Office Supplies	750	688	381	307	
Dues, Licenses & Subscriptions	5,300	4,858	3,000	1,858	
Rate Study	-	-	1,500	(1,500)	
Total Administrative:	$	120,400	$	110,593	$	139,498	$	(28,906)	

	Adopted	Prorated Budget	Actual		
	Budget	Thru 08/31/25	Thru 08/31/25	Variance	
Operations & Maintenance					
Field Management	$	50,000	$	45,833	$	45,833	$	(0)	
Property Insurance	42,500	42,500	46,444	(3,944)	
Telephone	6,426	5,891	6,464	(574)	
Electric	70,000	64,167	67,612	(3,445)	
Trash Removal	5,630	5,161	4,833	328	
Landscape Maintenance	10,902	9,994	9,994	-	
Pond Maintenance	1,400	1,283	1,188	95	
Repairs & Maintenance	140,000	128,333	166,353	(38,020)	
Repairs & Maintenance - Grinder Pumps	70,000	64,167	239,430	(175,263)	
Grinder Pump Preventative Maintenance	40,000	36,667	32,197	4,470	
Water Plant Services (General Utilities)	65,000	59,583	29,548	30,035	
Wastewater Plant Services (General Utilities)	110,000	100,833	80,201	20,633	
Irrigation Plant Services (General Utilities)	31,200	28,600	-	28,600	
Sludge Disposal	15,000	13,750	-	13,750	
Contractual Services	50,000	45,833	45,833	(0)	
Fuel Expense	4,575	4,194	7,326	(3,132)	
Wastewater Testing & Analysis	25,000	22,917	17,573	5,344	
Operating Systems Maintenance	12,100	11,092	15,531	(4,439)	
Generator Maintenance	5,000	4,583	8,664	(4,081)	
Lighting	10,000	9,167	-	9,167	
Operating Supplies	1,500	1,375	10,293	(8,918)	
Total Operations & Maintenance:	$	766,233	$	705,922	$	835,317	$	(129,395)	
					
Total Expenditures	$	886,633	$	816,515	$	974,815	$	(158,300)	
					
Net Operating Income	$	420,436		$	476,862		

Non Operating Revenues/(Expenditures)					
Application Fees	$	-	$	-	$	6,550	$	6,550	
Meter Fees - Water	-	-	66,141	66,141	
Meter Fees - Irrigation	-	-	68,940	68,940	
Grinder Pump	-	-	470,896	470,896	
Connection Fees Revenue
Water System	
-	
-	
343,170	
343,170	
Wastewater System	-	-	181,040	181,040	
AFPI Charges
Water System	
-	
-	
62,186	
62,186	
Wastewater System	-	-	32,798	32,798	
Grinder Pump	-	-	(373,252)	(373,252)	
New Meter Install	-	-	(111,581)	(111,581)	
Transfer Out	(420,436)	(420,436)	(420,436)	(840,872)	
Total Non Operating Revenues (Expenditures)	$	(420,436)	$	(420,436)	$	326,453	$	(93,983)	
					
Change in Net Position	$	-		$	803,315		
					
Net Postion - Beginning	$	-		$	2,489,220		
					
Net Position - Ending	$	-		$	3,292,534		

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total	
Revenues:															
Water Utility Revenue
Monthly Potable Water Consumption	
$	
19,956  $	
22,651  $	
18,519  $	
20,077  $	
19,047  $	
22,330  $	
29,533  $	
24,627  $	
18,598  $	
21,574  $	
21,456	
$	-	$	
238,368	
Monthly Wastewater Consumption		32,347	34,481	33,304	33,987	33,115	36,303	39,355	36,275	32,945	33,753	35,010	-	380,876	
Monthly Irrigation Consumption		57,702	64,349	50,106	49,730	46,526	56,401	81,465	76,298	57,359	55,995	48,739	-	644,668	
Special Assessments		-	8,123	52,902	2,171	3,418	824	2,807	3,058	6,859	-	-	-	80,162	
Miscellaneous Revenue		7,147	12,156	10,703	5,261	4,844	4,989	4,260	5,703	4,399	6,695	4,367	-	70,523	
Interest		1,836	1,735	2,798	4,404	3,982	4,341	4,230	4,366	4,244	3,249	1,896	-	37,080	
Total Revenues	$  118,988  $  143,495  $  168,332  $  115,628  $  110,931  $  125,188  $  161,649  $  150,328  $  124,405  $  121,265  $  111,467	$	-	$  1,451,677	

Expenditures:			
Administrative
Engineering Fees	
$	13,334  $	9,948  $	5,921  $	7,401  $	5,863  $	10,651  $	18,984  $	7,928  $	4,048  $	16,097  $	11,596	
$	-	$	111,771	
Attorney Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	
Annual Audit	-	-	-	-	-	-	-	-	2,625	-	-	-	2,625	
Management Fees	1,390	1,390	1,390	1,390	1,390	1,390	1,390	1,390	1,390	1,390	1,390	-	15,287	
Information Technology	105	105	105	105	105	105	105	105	105	105	105	-	1,155	
Postage	233	263	194	201	205	279	214	213	218	221	230	-	2,471	
Printing & Binding	-	-	-	-	-	-	-	-	202	-	-	-	202	
Other Current Charges	-	-	35	61	121	151	120	170	145	161	143	-	1,107	
Office Supplies	20	67	8	123	1	12	62	57	10	10	10	-	381	
Dues, Licenses & Subscriptions	-	-	-	-	-	-	-	-	-	3,000	-	-	3,000	
Rate Study	-	-	-	-	1,000	-	-	-	-	500	-	-	1,500	
Total Administrative:	$	15,081  $	11,773  $	7,652  $	9,281  $	8,686  $	12,588  $	20,875  $	9,863  $	8,741  $	21,484  $	13,474	$	-	$	139,498	

	Oct	Nov	Dec	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sept	Total	
Operations & Maintenance
Field Management	
$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	4,167	
$	-	$	
45,833	
Property Insurance	46,444	-	-	-	-	-	-	-	-	-	-	-	46,444	
Telephone	544	562	562	562	562	562	616	624	624	624	623	-	6,464	
Electric	5,322	5,973	5,587	5,632	5,158	4,791	5,663	7,634	8,542	6,360	6,950	-	67,612	
Trash Removal	406	406	406	406	406	406	406	498	498	498	498	-	4,833	
Landscape Maintenance	909	909	909	909	909	909	909	909	909	909	909	-	9,994	
Pond Maintenance	108	108	108	108	108	108	108	108	108	108	108	-	1,188	
Repairs & Maintenance	11,770	34,432	23,576	12,920	9,838	12,399	13,610	7,665	23,353	10,288	6,503	-	166,353	
Repairs & Maintenance - Grinder Pumps	38,654	23,093	11,433	14,968	24,476	11,034	31,372	38,521	16,623	22,557	6,699	-	239,430	
Grinder Pump Preventative Maintenance	-	-	-	-	-	2,950	8,866	12,922	5,779	1,680	-	-	32,197	
Water Plant Services (General Utilities)	3,240	2,765	2,985	2,985	3,274	2,985	3,563	4,766	2,985	-	-	-	29,548	
Wastewater Plant Services (General Utilities)	10,259	10,197	7,950	7,950	7,950	10,385	7,950	9,610	7,950	-	-	-	80,201	
Irrigation Plant Services (General Utilities)	-	-	-	-	-	-	-	-	-	-	-	-	-	
Sludge Disposal	-	-	-	-	-	-	-	-	-	-	-	-	-	
Contractual Services	4,167	4,167	4,167	4,167	4,167	4,167	4,167	4,167	4,167	4,167	4,167	-	45,833	
Fuel Expense	3,662	1,594	-	-	-	-	-	-	-	2,069	-	-	7,326	
Wastewater Testing & Analysis	2,147	1,402	1,728	1,590	1,521	1,521	1,659	1,911	4,094	-	-	-	17,573	
Operating Systems Maintenance	4,285	720	-	1,485	770	770	1,470	770	770	3,721	770	-	15,531	
Generator Maintenance	690	-	-	-	1,077	245	-	4,313	2,024	315	-	-	8,664	
Lighting	-	-	-	-	-	-	-	-	-	-	-	-	-	
Operating Supplies	577	-	500	193	319	8,385	-	-	319	-	-	-	10,293	
Total Operations & Maintenance:	$  137,349	$	90,493	$	64,076	$	58,041	$	64,701	$	65,783	$	84,524  $	98,584	$	82,910	$	57,461	$	31,393	$	-	$	835,317	
												
Net Operating Income	$  (33,442)	$	41,229	$	96,603	$	48,306	$	37,544	$	46,817	$	56,250  $	41,881	$	32,753	$	42,320	$	66,601	$	-	$	476,862	

Non Operating Revenues/(Expenditures)												
Application Fees	$	800	$	500	$	650	$	550	$	650	$	725	$	350  $	425	$	375	$	1,000	$	525	$	-	$	6,550	
Meter Fees - Water	10,058	6,060	4,215	3,240	8,188	9,510	2,055	1,950	-	15,570	5,295	-	66,141	
Meter Fees - Irrigation	9,300	6,060	5,400	3,240	7,560	11,880	2,055	2,055	-	15,990	5,400	-	68,940	
Grinder Pump	68,550
Connection Fees Revenue
Water System	49,815	100,726

33,210	13,710

22,140	27,420

16,605	20,565

38,745	47,985

49,815	47,985

11,070	41,130

11,070	13,710

-	34,275

83,025	54,840

27,675	-	470,896

-	343,170	
Wastewater System	26,280
AFPI Charges
Water System	9,027	17,520

6,018	11,680

4,012	8,760

3,009	20,440

7,021	26,280

9,027	5,840

2,006	5,840

2,006	-

-	43,800

15,045	14,600

5,015	-	181,040

-	62,186	
Wastewater System	4,761	3,174	2,116	1,587	3,703	4,761	1,058	1,058	-	7,935	2,645	-	32,798	
Grinder Pump	(54,010)	(80,467)	(11,197)	(22,518)	(16,195)	(37,088)	(37,388)	(32,390)	(11,022)	(27,991)	(42,986)	-	(373,252)	
New Meter Install	(12,364)	(13,978)	(8,972)	(5,147)	(15,022)	(11,556)	(13,296)	(3,910)	-	(6,329)	(21,008)	-	(111,581)	
Transfer Out	-	-	-	-	-	-	(420,436)	-	-	-	-	-	(420,436)	
Total Non Operating Revenues (Expenditures) $ 112,217	$	78,823	$	43,755	$	36,746	$	75,655	$  111,339	$ (398,701) $	29,235	$	3,063	$  182,320	$	52,000	$	-	$	326,453	
												
Excess Revenues (Expenditures)	$	78,775	$	120,052	$	140,358	$	85,052	$	113,199	$	158,156	$  (342,451) $	71,116	$	35,817	$	224,640	$	118,601	$	-	$	803,315	

Bella Collina
Community Development District Capital Reserve - Water & Sewer Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending August 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 08/31/25	Thru 08/31/25	Variance	

Revenues:		
Transfer In	$	420,436	$	420,436	$	420,436	$	-	
Interest	36,000	33,000	65,543	32,543	
Total Revenues	$	456,436	$	453,436	$	485,979	$	32,543	

Expenditures:					
Contingency	$	500	$	458	$	492	$	(34)	
Capital Outlay	506,750	464,521	405,564	58,957	
Total Expenditures	$	507,250	$	464,979	$	406,056	$	58,923	
					
Excess Revenues (Expenditures)	$	(50,814)	$	(11,543)	$	79,923		
					
Fund Balance - Beginning	$	1,080,036		$	1,883,570		
					
Fund Balance - Ending	$	1,029,222		$	1,963,493		

Bella Collina
Community Development District Long Term Debt Report

SERIES 2004, SPECIAL ASSESSMENT BONDS		
INTEREST RATES:	5.750%		
MATURITY DATE:	5/1/2035		
RESERVE FUND BALANCE	$737,909		
BONDS OUTSTANDING - 9/30/15	$17,950,000	
LESS: SPECIAL CALL 11/1/15	($35,000)	
LESS: PRINCIPAL CALL 05/1/16	($495,000)	
LESS: SPECIAL CALL 5/1/17	($40,000)	
LESS: PRINCIPAL CALL 05/1/17	($520,000)	
LESS: SPECIAL CALL 11/1/17	($1,000,000)	
LESS: PRINCIPAL CALL 05/1/18	($550,000)	
LESS: SPECIAL CALL 5/1/18	($105,000)	
LESS: SPECIAL CALL 11/1/18	($50,000)	
LESS: PRINCIPAL CALL 05/1/19	($585,000)	
LESS: PRINCIPAL CALL 05/1/20	($620,000)	
LESS: PRINCIPAL CALL 05/1/21	($605,000)	
LESS: PRINCIPAL CALL 05/1/22	($640,000)	
LESS: PRINCIPAL CALL 05/1/23	($675,000)	
LESS: SPECIAL CALL 05/1/23	($65,000)	
LESS: SPECIAL CALL 11/1/23	($75,000)	
LESS: PRINCIPAL CALL 05/1/24	($715,000)	
LESS: SPECIAL CALL 05/1/24	($5,000)	
LESS: SPECIAL CALL 11/1/24	($870,000)	
LESS: PRINCIPAL CALL 05/1/25	($750,000)	
LESS: SPECIAL CALL 05/1/25	($50,000)	
CURRENT BONDS OUTSTANDING	$9,500,000	

SERIES 2024, SPECIAL ASSESSMENT BONDS	
INTEREST RATES:	4.250%, 5.000%, 5.300%		
MATURITY DATE:
RESERVE FUND DEFINITION RESERVE FUND REQUIREMENT	5/1/2055
50% MAXIMUM ANNUAL DEBT SERVICE
$385,067		
RESERVE FUND BALANCE	$399,068		
BONDS OUTSTANDING - 9/30/24		$11,685,000	
CURRENT BONDS OUTSTANDING		$11,685,000	

Gross Assessments	$ 1,350,958.65	$ 1,350,958.65	
Net Assessments	$ 1,269,901.13	$ 1,269,901.13	
TAX COLLECTOR ASSESSMENTS - DEBT SERVICE	
100.00%	
100.00%	

Bella Collina
COMMUNITY DEVELOPMENT DISTRICT

Gross Assessments	$	213,456.26	$	84,435.00	$	297,891.26	
Net Assessments	$	200,648.88	$	79,368.90	$	280,017.78	
TAX COLLECTOR ASSESSMENTS - OPERATIONS & MAINTENANCE	
71.66%	
28.34%	
100.00%	

Special Assessment Receipts Fiscal Year 2025

Date	Distribution	Gross Amount	Commissions	Discount/Penalty	Interest	Net Receipts	O&M Portion	Water & Sewer	Total	

11/13/24	
ACH	
$4,992.76	
$78.63	
$1,061.45	
$0.00	
$3,852.68	
$2,760.67	
$1,092.01	
$3,852.68	
11/20/24	ACH	$8,081.28	$155.16	$323.27	$0.00	$7,602.85	$5,447.88	$2,154.97	$7,602.85	
11/22/24	ACH	$18,285.04	$351.07	$731.39	$0.00	$17,202.58	$12,326.64	$4,875.94	$17,202.58	
12/11/24	ACH	$168,459.20	$3,234.42	$6,738.35	$0.00	$158,486.43	$113,564.66	$44,921.77	$158,486.43	
12/26/24	ACH	$29,904.96	$574.61	$1,174.28	$0.00	$28,156.07	$20,175.45	$7,980.62	$28,156.07	
01/23/25	ACH	$8,061.42	$156.29	$247.18	$0.00	$7,657.95	$5,487.36	$2,170.59	$7,657.95	
02/10/25	ACH	$12,556.90	$246.07	$253.40	$0.00	$12,057.43	$8,639.84	$3,417.59	$12,057.43	
03/13/25	ACH	$3,000.00	$59.35	$32.25	$0.00	$2,908.40	$2,084.04	$824.36	$2,908.40	
04/30/25	ACH	$10,109.46	$202.11	$4.20	$0.00	$9,903.15	$7,096.18	$2,806.97	$9,903.15	
05/30/25	ACH	$11,008.14	$220.16	$0.00	$0.00	$10,787.98	$7,730.21	$3,057.77	$10,787.98	
06/30/25	ACH	$8,843.76	$176.88	$0.00	$0.00	$8,666.88	$6,210.32	$2,456.56	$8,666.88	
06/30/25	ACH	$15,849.45	$316.99	$0.00	$0.00	$15,532.46	$11,129.90	$4,402.56	$15,532.46	
						$0.00	$0.00	$0.00	$0.00	
						$0.00	$0.00	$0.00	$0.00	
	TOTAL	$	299,152.37	$	5,771.74	$	10,565.77	$	-	$	282,814.86	$	202,653.15	$	80,161.71	$	282,814.86	

$

101.00%
(2,797.08)

Net Percent Collected Balance Remaining to Collect

Date	
Distribution	
Gross Amount	
Commissions	
Discount/Penalty	
Interest	
Net Receipts	2004 Debt Service Asmt	
Total	

11/13/24	
ACH	
$23,488.72	
$379.53	
$4,512.42	
$0.00	
$18,596.77	
$18,596.77	
$18,596.77	
11/20/24	ACH	$37,057.25	$711.50	$1,482.26	$0.00	$34,863.49	$34,863.49	$34,863.49	
11/22/24	ACH	$80,043.66	$1,536.84	$3,201.66	$0.00	$75,305.16	$75,305.16	$75,305.16	
12/11/24	ACH	$746,807.87	$14,338.72	$29,871.72	$0.00	$702,597.43	$702,597.43	$702,597.43	
12/26/24	ACH	$159,337.39	$3,061.80	$6,247.51	$0.00	$150,028.08	$150,028.08	$150,028.08	
01/23/25	ACH	$38,330.07	$743.01	$1,179.57	$0.00	$36,407.49	$36,407.49	$36,407.49	
02/10/25	ACH	$50,397.86	$987.50	$1,022.88	$0.00	$48,387.48	$48,387.48	$48,387.48	
03/13/25	ACH	$13,340.61	$263.84	$148.21	$0.00	$12,928.56	$12,928.56	$12,928.56	
04/30/25	ACH	$50,920.73	$1,018.12	$14.82	$0.00	$49,887.79	$49,887.79	$49,887.79	
05/30/25	ACH	$50,383.08	$1,007.66	$0.00	$0.00	$49,375.42	$49,375.42	$49,375.42	
06/30/25	ACH	$39,737.90	$794.76	$0.00	$0.00	$38,943.14	$38,943.14	$38,943.14	
06/30/25	ACH	$66,606.58	$1,332.13	$0.00	$0.00	$65,274.45	$65,274.45	$65,274.45	
						$0.00	$0.00	$0.00	
						$0.00	$0.00	$0.00	
	TOTAL	$	1,356,451.72	$	26,175.41	$	47,681.05	$	-	$  1,282,595.26	$ 1,282,595.26	$ 1,282,595.26	

101.00%
$	(12,694.13)

Net Percent Collected Balance Remaining to Collect

Bella Collina COMMUNITY DEVELOPMENT DISTRICT

Special Assessment Bonds, Series 2024

Date	Requisition #	Contractor	Description	Requisition

Fiscal Year 2025
11/15/24		1			DCS Real Estate Investments, LLC					Reimbursement of Project Construction Costs - July 2021 - September 2024		$ 11/21/24		2						Boyd Civil Engineering, Inc.	Invoice #04159 - Professional Services - Residential Irrigation System Upgrades - Sept.24 $ 12/5/24	3				EMI Consulting Specialties, Inc.						Job #24-233.2240-A - Electrical Design Services - September 2024	$ 11/21/24		4					EMI Consulting Specialties, Inc.							Job #24-233.2240-B - Electrical Design Services - October 2024		$ 11/20/24		5						Boyd Civil Engineering, Inc.		Invoice #04185 - Professional Services - Residential Irrigation System Upgrades - Oct.24 $ 12/3/24	6		DCS Real Estate Investments, LLC			Reimb. Boyd Environmental Inv #4704 & Thompson Well & Pump App #6 - Oct.24	$ 12/3/24	7							Watertronics, LLC				Invoices #SINV063058 Booster Station & #SINV063059 Control Panels - Nov.24	$ 12/8/24	8	Boyd Enviromental Engineering, Inc.	 Invoice #4714 - Professional Services - Residential Irrigation System Upgrades - Nov.24	$ 12/12/24		9					EMI Consulting Specialties, Inc.      Job #24-233.2240-C - Electrical Design Services - November 2024     $ 12/12/24    10     Boyd Civil Engineering, Inc.    Invoice #04212 - Professional Services - Residential Irrigation System Upgrades - Nov.24  $ 2/21/25    11     Boyd Civil Engineering, Inc.     Invoice #4247 - Professional services for Residential Irrigation System Upgrades - Dec.24  $ 2/24/25    12    Boyd Enviromental Engineering, Inc.     Invoice #4724 - Professional service for Residential Irrigation System - Dec.24    $ 2/21/25     13      The Colinas Group, Inc.         Invoice #O-898-4 - Well Construciton & Testing Oversight - Nov.24      $ 2/20/25     14     Thompson Well & Pump, Inc.         Application #7 - Residential Irrigation System Upgrades - Nov.24      $ 2/24/25    15      Watertronics, LLC     Invs #SINV063283 Lake Sienna Station #1 & #SINV063337 Lake Sienna Station #2 Deps - Dec.24 $ 2/24/25     16     Thompson Well & Pump, Inc.        Application #8 - Residential Irrigation System Upgrades - Dec.24      $ 2/21/25    17    Boyd Enviromental Engineering, Inc.     Invoice #4738 - Professional service for Residential Irrigation System - Jan.25    $ 2/21/25    18     Boyd Civil Engineering, Inc.       Invoice #4291 - Professional service for Residential Irrigation System - Jan.25    $ 2/21/25     19     Thompson Well & Pump, Inc.         Application #9 - Residential Irrigation System Upgrades - Jan.25      $ 3/24/25     20     Thompson Well & Pump, Inc.        Application #10 - Residential Irrigation System Upgrades - Feb.25      $ 3/24/25     21      The Colinas Group, Inc.         Invoice #O-898-5 - Well Construciton & Testing Oversight - Jan.25      $ 3/24/25    22    Boyd Enviromental Engineering, Inc.     Invoice #4750 - Professional service for Residential Irrigation System - Feb.25    $ 3/24/25    23     Boyd Civil Engineering, Inc.      Invoice #4319 - Professional service for Residential Irrigation System - Feb.25    $ 3/24/25    24    American Surveying & Mapping   Invoices #190432L0AO & 190432L0AS - Topographic Survey & Stakeout Wells - May/Aug.24  $ 4/21/25   25   American Surveying & Mapping  Invoices #190432LOAT - Conservation Easement & 190432LOAU - Stateout Lake Siena Pump Area $ 4/21/25    26    Boyd Enviromental Engineering, Inc.     Invoice #4761 - Professional service for Residential Irrigation System - Mar.25    $ 4/21/25     27     Thompson Well & Pump, Inc.        Application #11 - Residential Irrigation System Upgrades - Mar.25      $ 4/21/25     28     Boyd Civil Engineering, Inc.       Invoice #4343 - Professional service for Residential Irrigation Sytem - Mar.25    $ 5/7/25     29     Thompson Well & Pump, Inc.        Application #12 - Residential Irrigation System Upgrades - Apr.25      $ 5/12/25    30    Boyd Enviromental Engineering, Inc.     Invoice #4772 - Professional service for Residential Irrigation System - Apr.25    $ 6/5/25     31      The Colinas Group, Inc.         Invoice #O-898-6 - Well Construction & Testing Oversight - May25      $ 7/9/25     32    Boyd Enviromental Engineering, Inc.     Invoice #4781 - Professional service for Residential Irrigation System - May25    $ 7/8/25     33     Thompson Well & Pump, Inc.         Application #13 - Residential Irrigation System Upgrades - May25      $ 7/7/25     34     Boyd Civil Engineering, Inc.       Invoice #4435 - Professional service for Residential Irrigation Sytem - Jun.25    $ 7/8/25    35    Boyd Enviromental Engineering, Inc.     Invoice #4792 - Professional service for Residential Irrigation System - Jun.25    $ 8/12/25     36      Thompson Well & Pump, Inc.         Application #14 - Residential Irrigation System Upgrades - Jun.25      $

3,731,381.52
10,337.50
17,773.00
3,583.00
2,258.25
380,698.89
194,536.00
13,613.90
1,560.00
18,208.75
4,722.00
13,814.70
6,555.31
231,659.60
519,465.60
23,750.00
13,291.60
9,029.50
53,770.00
23,750.00
3,661.50
20,111.50
1,381.77
6,000.00
3,500.00
17,417.30
56,192.50
1,505.40
61,180.00
14,926.20
6,252.90
18,311.20
75,192.50
1,565.50
14,994.50
29,805.56

TOTAL	$  5,605,757.45

Fiscal Year 2025
10/1/24	Interest
11/1/24	Interest
12/2/24	Interest
1/2/25	Interest
2/3/25	Interest
3/3/25	Interest
4/1/25	Interest
5/1/25	Interest
5/5/25	Transfer from Cost of Issuance 6/2/25		Interest
7/1/25	Interest
8/1/25	Interest

$	18,128.22
$	38,999.35
$	29,272.23
$	21,116.77
$	20,174.76
$	17,578.86
$	17,044.01
$	16,339.19
$	5,336.61
$	16,439.83
$	15,884.05
$	16,240.72

TOTAL	$	232,554.60

Project (Construction) Fund at 09/17/24 Interest Earned/Transferred Funds thru 08/31/25
Requisitions Paid thru 08/31/25

$ 10,173,170.34
$	232,554.60
$ (5,605,757.45)

Remaining Project (Construction) Fund	 $  4,799,967.49 

Section 3

MONTHLY SUMMARY REPORT

State Board of Administration of Florida

July 31, 2025

CONTENTS
3	Introduction
3	Disclosure of Material Impacts
Facts-At-A-Glance
Porfolio Manager Commentary
Portfolio Composition
Fund Performance
PRIME Account Summary
Inventory of Holdings
Participant Concentration
Compliance
Trade Activity

Past performance is no guarantee of future results.

Views are as of the issue date and are subject to change based on market conditions and other factors. These views should not be construed as a recommendation for any specific security.

An investment in Florida PRIME is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Although money market funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in this fund.

2	Florida PRIMETM Monthly Summary Report - July 31, 2025

This report is prepared for stakeholders in Florida PRIME in accordance with Section 218.409(6)(a), Florida Statutes.The statute requires:

Reporting of any material impacts on the funds and any actions or escalations taken by staff to address such impacts;

Presentation of a management summary that provides an analysis of the status of the current investment portfolio and the individual transactions executed over the last month; and

Preparation of the management summary “in a manner that will allow anyone to ascertain whether the investment activities during the reporting period have conformed to investment policies.”

This report, which covers the period from July 1, 2025, through July 31, 2025, has been prepared by the SBA with input from Federated Hermes (“Federated”), investment advisor for Florida PRIME in a format intended to comply with the statute.

During the reporting period, Florida PRIME was in material compliance with investment policy. There were no developments that had a material impact on the liquidity or operation of Florida PRIME. Details are available in the PRIME policy compliance table. This report also includes details on market conditions; fees; fund holdings, transactions and performance; and client composition.

PRIMETM STATISTICS
(As of July 31, 2025)
Total Participants
856
Florida PRIMETM
Total Participant Balance
$26,387,951,557

Total Number of Accounts
1,555

PRIME is an exclusive service for Florida governmental organizations, providing a cost-effective investment vehicle for their surplus funds. Florida PRIME, the Local Government Surplus Funds Trust Fund, is utilized by hundreds of governmental investors including state agencies, state universities and colleges, counties, cities, special districts, school boards, and other direct support organizations of the State of Florida.

Florida PRIME is a government investment pool that offers management by an industry leader in professional money management, conservative investment policies, an extensive governance framework, a Standard & Poor’s “AAAm” rating, full transparency, and best-in-class ﬁnancial reporting.

https:// pr ime. sbafla. com	3

PORTFOLIO MANAGER COMMENTARY

Difference of opinions at the Fed

The Federal Reserve’s July Federal Open Market Committee (FOMC) meeting revealed a growing divide about the path of monetary policy. Most ofﬁcials, including Chair Jerome Powell, still view inﬂation as a threat. Though it has fallen since the four-decade highs seen in 2022, they worry it could re-accelerate if rates are cut. Others think that the current restrictive stance—tighter than other major central banks—hurts the US economy. In July, the former outnumbered the latter, as the FOMC kept rates in the 4.25-4.5% target range. But Fed Governors Christopher Waller and Michelle Bowman dissented in favor of a 25 basis-point cut. It’s been more than thirty years since two sitting Governors dissented.

The FOMC statement acknowledged a moderation in growth, but Powell stood his ground at the press conference, maintaining the wait-and-see stance. At issue, of course, is whether the new tariffs prove inﬂationary and, if so, will that prove temporary or long-term. While pressure appears to be showing up in prices of some consumer goods, it is still early days. Before convening in September, the data-dependent FOMC will have a slew of economic information, including two nonfarm payroll reports. It’s anyone’s guess if they will lower the target range. It’s probably best to evaluate it after Powell’s keynote address at the Fed’s monetary policy symposium in Jackson Hole, Wyo., later this month. After all, last year he primed the markets by saying “the time has come” for a cut.

Treasury ﬂoodgates opening

When the US federal debt limit was reinstated in January, the Treasury Department’s use of extraordinary measures commenced. This allowed it to tap federal retirement funds and its own cash balance to manage interest and repaying maturing securities while meeting its other ﬁnancial obligations. Since Congress ﬁnally raised the debt ceiling as part of the One Big Beautiful Bill Act last month, the Treasury has issued net new bill supply of approximately
$200 billion and is expected to continue at a robust issuance pace with an additional $400 billion of net new bill supply through September. While the ﬂood of supply is welcome, it is not quite the deluge seen after the suspension of the debt limit in 2023.

What does this substantial supply mean to the money markets? Simply that the government will have to offer higher interest rates to ensure demand. That, in turn, should put upward pressure on the yields of liquidity products. And with the Fed on hold for another two months, the environment should continue to be attractive for investors. The continued popularity of liquidity products—money market funds alone hit nearly $7.5 trillion in assets under management in June (government data)—implies just that. Investors still appreciate their value.

At the end of the month, yields on 1-, 3-, 6- and 12-month US Treasuries were 4.35%, 4.34%, 4.28%
and 4.11%, respectively.

4	Florida PRIMETM Monthly Summary Report - July 31, 2025

CREDIT QUALITY COMPOSITION

PORTFOLIO COMPOSITION FOR JULY 31 2025

CREDIT QUALITY COMPOSITION

HIGHLY LIQUID HOLDINGS-11/26

41.4%

58.6%

A-1+	A-1

17.3%

39.8%	Accessible in one business day
Accessible in five business days

EFFECTIVE MATURITY SCHEDULE

TOP HOLDINGS & AVG. MATURITY

13.7%

17.8%

5.0%	1-7 days

1. National Bank of Canada	5.5%	
2. Nordea Bank Abp	5.0%	
3. Mizuho Financial Group, Inc.	5.0%	
4. Australia & New Zealand Banking Group Ltd.	5.0%	
5. Cooperatieve Rabobank UA	5.0%	
6. ABN Amro Bank NV	4.9%	
7. Royal Bank of Canada	4.8%	
8. Canadian Imperial Bank of Commerce	4.5%	
9. Bank of America Corp.	4.3%	
10. Toronto Dominion Bank	4.3%	
SEC Weighted Average Maturity (WAM)	
43 Days	
Weighted Average Life (Spread WAL)	
76 Days	

8-30 days

58.3%
31-90 days

5.2%

91-180 days

181+ days

PORTFOLIO COMPOSITION

6.6%

2.2% 1.5%	0.0%

0.0%

Bank Instrument - Fixed

Percentages based on total value of investments

7.5%
9.2%
11.9%

22.8%

38.3%

Asset Backed Commercial Paper - Fixed

Corporate Commercial Paper - Fixed

Asset Backed Commercial Paper - Floating

Repo

Corporate Commercial Paper - Floating

Corporate Notes - Floating

Bank Instrument - Floating

Government

Mutual Funds - Money Market

https:// pr ime. sbafla. com	5

	Florida PRIME Performance Data 
	Annualized Net
Participant Yield1	Net-of-Fee Benchmark2	Above (Below) Benchmark	
One Month	4.55%	4.38%	0.18%	
Three Months	4.56%	4.37%	0.19%	
One Year	4.84%	4.62%	0.23%	
Three Years	4.97%	4.63%	0.34%	
Five Years	3.09%	2.83%	0.26%	
Ten Years	2.26%	2.01%	0.26%	
Since 1/96	2.63%	2.41%	0.22%	
Note: Net asset value at month end: $26,387 million, which includes investments at market value, plus all cash, accrued interest receivable and payables.,
1Net of fees. Participant yield is calculated on a 365-day basis and includes adjustments for expenses and other accounting items to reﬂect realized earnings by participants.

ABOUT ANNUALIZED YIELDS:

6.00%

7-Day "SEC" Yield

2The net-of-fee benchmark is the S&P AAA/AA Rated GIP All 30-Day Net Index for all time periods.

the chart is calculated in accordance with the yield methodology set forth by SEC Rule 2a-7 for money market funds. The 7-day yield = net income earned o

4.00%

4.50%

5.00%

5.50%

The 7-Day “SEC” Yield in	ver a 7-day period
/ average units outstanding over the period / 7 times 365. Note that unlike other performance measures, the SEC yield does not include realized gains and losses from sales of securities.

6	Florida PRIMETM Monthly Summary Report - July 31, 2025

	Summary of Cash Flows 
Opening Balance (07/01/25)	$	27,630,058,589	
Participant Deposits		2,272,125,872	
Gross Earnings		102,364,335	
Participant Withdrawals		(3,615,831,870)	
Fees		(765,368)	
Closing Balance (07/31/25)	$	26,387,951,558	
Net Change over Month	$	(1,242,107,031)	

	Detailed Fee Disclosure 

July	
Amount	Basis Point
Equivalent*	
SBA Client Service, Account Mgt. &			
Fiduciary Oversight Fee	$	227,818.82	1.01	
Federated Investment Management Fee	492,704.25	2.19	
BNY Mellon Custodial Fee**	30,486.09	0.14	
Bank of America Transfer Agent Fee	7,114.88	0.03	
S&P Rating Maintenance Fee	4,380.43	0.02	
Audit/External Review Fees	2,863.68	0.01	
Total Fees	$	765,368.15	3.40	
*The basis point equivalent is an annualized rate based on the dollar amount of fees charged for the month times 12, divided by an average of the fund's beginning and ending total value (amortized cost) for the month which was
$27,009,005,073.

**All custodian banking fees are allocated based on both market value (size) and level of service accurately passing through all charges to pool participants. Charges may fluctuate month-to-month.

The data included in this report is unaudited.

https:// pr ime. sbafla. com	7

Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current Yield	Amort Cost (2)	Mkt Value (1)	Unrealized Gain/Loss	
1320 W Jefferson LLC, Sep 01, 2060	VARIABLE RATE DEMAND NOTE	4.45	9/1/2060	8/7/2025	5,500,000	4.51	$5,500,000	$5,500,000	$0	
ABN Amro Bank NV, Amsterdam TD	TIME DEPOSIT	4.33	8/4/2025		1,300,000,000	4.39	$1,300,000,000	$1,300,000,000	$0	
AJC Capital, LLC, Jan 01, 2042	VARIABLE RATE DEMAND NOTE	4.45	1/1/2042	8/7/2025	5,530,000	4.45	$5,530,000	$5,530,000	$0	
ARI Fleet Lease Trust 2025-A, A1, 4.511%, 02/17/2026	ASSET BACKED NOTE	4.51	2/17/2026		13,063,284	0.00	$13,063,284	$13,060,043	-$3,241	
Albion Capital LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/21/2025		24,052,000	4.54	$23,989,846	$23,989,955	$110	
Albion Capital LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/22/2025		8,000,000	4.53	$7,947,942	$7,947,734	-$208	
Albion Capital LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/25/2025		81,729,000	4.54	$81,165,796	$81,164,694	-$1,102	
Anglesea Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/5/2025		325,000,000	4.41	$324,803,646	$324,803,440	-$206	
Anglesea Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/8/2025		200,000,000	4.52	$199,804,000	$199,806,180	$2,180	
Anglesea Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/9/2025		45,000,000	4.51	$44,780,000	$44,780,666	$666	
Anglesea Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/7/2025		50,000,000	4.53	$49,399,125	$49,393,075	-$6,050	
Anglesea Funding LLC, Nov 14, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.58	11/14/2025	8/1/2025	80,000,000	4.64	$80,000,000	$80,000,000	$0	
Antalis S.A. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/26/2025		70,460,000	4.51	$70,235,076	$70,236,325	$1,249	
Archer 1 LLC, Jun 01, 2060	VARIABLE RATE DEMAND NOTE	4.45	6/1/2060	8/7/2025	18,000,000	4.51	$18,000,000	$18,000,000	$0	
Australia & New Zealand Banking Group, Melbourne TD	TIME DEPOSIT	4.33	8/6/2025		1,325,000,000	4.39	$1,325,000,000	$1,325,000,000	$0	
BPCE SA CP4-2	COMMERCIAL PAPER - 4-2		8/1/2025		55,000,000	4.53	$54,993,247	$54,993,411	$164	
BPCE SA CP4-2	COMMERCIAL PAPER - 4-2		8/1/2025		80,000,000	4.53	$79,990,178	$79,990,416	$238	
BPCE SA CP4-2	COMMERCIAL PAPER - 4-2		9/2/2025		150,000,000	4.53	$149,393,625	$149,400,645	$7,020	
BPCE SA CP4-2	COMMERCIAL PAPER - 4-2		9/8/2025		50,000,000	4.51	$49,761,667	$49,762,915	$1,248	
BWF Forge TL Properties Owner LLC, May 01, 2059	VARIABLE RATE DEMAND NOTE	4.45	5/1/2059	8/7/2025	28,500,000	4.45	$28,500,000	$28,500,000	$0	
Bank of America N.A. BNOTE	BANK NOTE	4.39	7/6/2026		65,000,000	4.40	$65,000,000	$64,961,606	-$38,394	
Bank of America N.A. BNOTE	BANK NOTE	4.40	4/10/2026		100,000,000	4.44	$100,000,000	$100,099,880	$99,880	
Bank of America N.A. BNOTE	BANK NOTE	4.35	7/24/2026		150,000,000	4.36	$150,000,000	$149,967,227	-$32,774	
Bank of America N.A. CD	CERTIFICATE OF DEPOSIT	4.50	1/2/2026		263,000,000	4.51	$263,000,000	$262,933,987	-$66,013	
Bank of America N.A. CD	CERTIFICATE OF DEPOSIT	4.52	1/7/2026		265,000,000	4.53	$265,000,000	$264,964,358	-$35,643	
Bank of America N.A. CD	CERTIFICATE OF DEPOSIT	4.43	11/7/2025		20,000,000	4.49	$20,000,000	$19,998,420	-$1,580	
Bank of America N.A. CD	CERTIFICATE OF DEPOSIT	4.46	11/25/2025		100,000,000	4.52	$100,000,000	$99,949,532	-$50,468	
Bank of America N.A. Triparty Repo Overnight Fixed	REPO TRIPARTY OVERNIGHT FIXED	4.37	8/1/2025		467,000,000	4.43	$467,000,000	$467,000,000	$0	
Bank of America N.A., Apr 02, 2026	VARIABLE RATE BANK NOTE	4.64	4/2/2026	8/1/2025	140,000,000	4.70	$140,000,000	$140,001,030	$1,030	
Bank of Montreal	CALLABLE CERTIFICATE OF DEPOSIT	4.76	6/8/2026	8/1/2025	80,000,000	4.83	$80,000,000	$80,000,000	$0	
Bank of Montreal	CALLABLE COMMERCIAL PAPER	4.63	4/13/2026	8/1/2025	200,000,000	4.69	$200,000,000	$200,000,000	$0	
Bank of Montreal,Apr 08, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.77	4/8/2026	8/1/2025	110,000,000	4.84	$110,000,000	$110,151,767	$151,767	
Bank of Nova Scotia, Feb 04, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.63	2/4/2026	8/1/2025	250,000,000	4.69	$250,000,000	$250,136,250	$136,250	
Bank of Nova Scotia,Toronto CP4-2	COMMERCIAL PAPER - 4-2		12/3/2025		100,000,000	4.57	$98,489,583	$98,476,860	-$12,723	
Bank of Nova Scotia,Toronto Repo Triparty Overnight Fixed	REPO TRIPARTY OVERNIGHT FIXED	4.37	8/1/2025		700,000,000	4.43	$700,000,000	$700,000,000	$0	
Bedford Row Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/6/2025		100,000,000	4.46	$98,829,444	$98,806,400	-$23,044	
Bedford Row Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/7/2026		180,000,000	4.50	$176,536,000	$176,517,342	-$18,658	
Bedford Row Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/13/2026		50,000,000	4.48	$49,004,000	$48,997,240	-$6,760	
Bedford Row Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/14/2026		47,835,000	4.46	$46,880,825	$46,870,025	-$10,800	

8	Florida PRIMETM Monthly Summary Report - July 31, 2025

Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current Yield	Amort Cost (2)	Mkt Value (1)	Unrealized Gain/Loss	
Bedford Row Funding Corp., Aug 26, 2025	VARIABLE RATE COMMERCIAL PAPER-ABS-4(2)	4.52	8/26/2025	8/1/2025	200,000,000	4.58	$200,000,000	$200,000,000	$0	
Bedford Row Funding Corp., Nov 12, 2025	VARIABLE RATE COMMERCIAL PAPER-ABS-4(2)	4.55	11/12/2025	8/1/2025	50,000,000	4.61	$50,000,000	$50,000,000	$0	
Bedford Row Funding Corp., Oct 09, 2025	VARIABLE RATE COMMERCIAL PAPER-ABS-4(2)	4.59	10/9/2025	8/1/2025	100,000,000	4.65	$100,000,000	$100,000,000	$0	
Bennington Stark Capital Co., LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/5/2025		59,898,000	4.48	$59,861,479	$59,861,917	$439	
Bennington Stark Capital Co., LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/6/2025		175,000,000	4.41	$174,873,125	$174,873,458	$332	
Bennington Stark Capital Co., LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/25/2025		73,982,000	4.46	$73,756,971	$73,756,621	-$350	
Canadian Imperial Bank of Commerce CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.17	10/1/2025		256,000,000	4.20	$256,000,000	$255,839,616	-$160,384	
Canadian Imperial Bank of Commerce CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.46	10/8/2025		150,000,000	4.48	$150,000,000	$149,973,465	-$26,535	
Canadian Imperial Bank of Commerce CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.57	12/4/2025		200,000,000	4.59	$200,000,000	$199,981,140	-$18,860	
Canadian Imperial Bank of Commerce CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.52	3/4/2026		200,000,000	4.52	$200,000,000	$200,014,020	$14,020	
Canadian Imperial Bank of Commerce CP4-2	COMMERCIAL PAPER - 4-2		11/12/2025		100,000,000	4.65	$98,722,533	$98,732,820	$10,287	
Canadian Imperial Bank of Commerce CP4-2	COMMERCIAL PAPER - 4-2		5/12/2026		100,000,000	4.41	$96,667,083	$96,629,870	-$37,213	
Canadian Imperial Bank of Commerce, Apr 07, 2026	VARIABLE RATE CERTIFICATE OF DEPOSIT	4.62	4/7/2026	8/1/2025	100,000,000	4.68	$100,000,000	$100,000,000	$0	
Canadian Imperial Bank of Commerce, Apr 21, 2026	VARIABLE RATE CERTIFICATE OF DEPOSIT	4.64	4/21/2026	8/1/2025	70,000,000	4.70	$70,000,000	$70,028,105	$28,105	
Canadian Imperial Bank of Commerce, Jul 01, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.68	7/1/2026	8/1/2025	18,000,000	4.75	$18,000,000	$18,000,000	$0	
Chariot Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/26/2025		50,000,000	4.45	$49,842,194	$49,841,960	-$234	
Chariot Funding LLC, Dec 01, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.62	12/1/2025	8/1/2025	125,000,000	4.68	$125,000,000	$125,000,000	$0	
Chesham Finance LLC Series III CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/5/2025		150,000,000	4.41	$149,909,375	$149,909,280	-$95	
Chesham Finance LLC Series IV CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/5/2025		192,000,000	4.41	$191,884,000	$191,883,878	-$122	
Citigroup Global Markets, Inc. CP4-2	COMMERCIAL PAPER - 4-2		8/18/2025		75,000,000	4.68	$74,832,375	$74,837,265	$4,890	
City Furniture, Inc.,Aug 01, 2044	VARIABLE RATE DEMAND NOTE	4.46	8/1/2044	8/7/2025	74,700,000	4.46	$74,700,000	$74,700,000	$0	
Collateralized Commercial Paper FLEX Co., LLC, Nov 07, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.62	11/7/2025	8/1/2025	70,000,000	4.68	$70,000,000	$70,000,000	$0	
Collateralized Commercial Paper FLEX Co., LLC, Oct 30, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.62	10/30/2025	8/1/2025	25,000,000	4.68	$25,000,000	$25,000,209	$209	
Collateralized Commercial Paper V Co. LLC, Apr 02, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.65	4/2/2026	8/1/2025	135,000,000	4.71	$135,000,000	$135,022,483	$22,483	
Collateralized Commercial Paper V Co. LLC, Dec 01, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.58	12/1/2025	8/1/2025	150,000,000	4.64	$150,000,000	$150,000,000	$0	
Collateralized Commercial Paper V Co. LLC, Dec 04, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.58	12/4/2025	8/1/2025	200,000,000	4.64	$200,000,000	$200,008,894	$8,894	
Cooperatieve Rabobank UA TD	TIME DEPOSIT	4.33	8/5/2025		620,000,000	4.39	$620,000,000	$620,000,000	$0	
Cooperatieve Rabobank UA TD	TIME DEPOSIT	4.33	8/6/2025		700,000,000	4.39	$700,000,000	$700,000,000	$0	
Credit Agricole S.A. ECD(USD)	EURO CERTIFICATE OF DEPOSIT	0.00	8/8/2025		100,000,000	4.55	$99,901,354	$99,901,652	$298	

https:// pr ime. sbafla. com	9

Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current Yield	Amort Cost (2)	Mkt Value (1)	Unrealized Gain/Loss	
Credit Agricole S.A. ECD(USD)	EURO CERTIFICATE OF DEPOSIT	4.50	9/2/2025		100,000,000	4.56	$100,000,000	$100,000,000	$0	
DNB Bank ASA CP4-2	COMMERCIAL PAPER - 4-2		11/3/2025		100,000,000	4.42	$98,874,514	$98,857,520	-$16,994	
Dino P. Kanelos Irrevocable Trust, Sep 01, 2041	VARIABLE RATE DEMAND NOTE	4.42	9/1/2041	8/7/2025	4,515,000	4.42	$4,515,000	$4,515,000	$0	
Dreyfus Government Cash Manage- ment Fund	OVERNIGHT MUTUAL FUND	4.20	8/1/2025		3,418,206	4.26	$3,418,206	$3,418,206	$0	
EDMC Group, Inc., (Series 2024-2) , Dec 01, 2054	VARIABLE RATE DEMAND NOTE	4.37	12/1/2054	8/7/2025	27,000,000	4.43	$27,000,000	$27,000,000	$0	
Enterprise Fleet Financing LLC 2025-3, A1, 4.551%, 07/20/2026	ASSET BACKED NOTE	4.55	7/20/2026		27,000,000	4.55	$27,000,000	$27,013,750	$13,750	
Fairway Finance Co. LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		12/18/2025		35,000,000	4.52	$34,407,236	$34,402,473	-$4,763	
Falcon Asset Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/21/2025		50,000,000	4.45	$49,872,542	$49,872,480	-$62	
Falcon Asset Funding LLC, Feb 10, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.66	2/10/2026	8/1/2025	158,000,000	4.72	$158,000,000	$158,000,000	$0	
Falcon Asset Funding LLC, Feb 20, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.64	2/20/2026	8/1/2025	85,000,000	4.70	$85,000,000	$85,000,000	$0	
GTA Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/7/2025		30,000,000	4.51	$29,974,333	$29,974,566	$233	
GTA Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/17/2025		73,875,000	4.48	$73,448,495	$73,442,780	-$5,715	
GTA Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/4/2025		85,000,000	4.49	$84,018,533	$84,001,310	-$17,224	
Gotham Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/22/2025		15,000,000	4.51	$14,959,713	$14,959,914	$202	
Gotham Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/3/2025		175,000,000	4.51	$174,274,431	$174,275,640	$1,209	
Great America Leasing Receivables 2025- 1, A1, 4.462%, 03/16/2026	ASSET BACKED NOTE	4.46	3/16/2026		8,654,317	0.00	$8,654,317	$8,650,644	-$3,673	
Great Bear Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/4/2025		95,000,000	4.40	$94,954,189	$94,954,020	-$169	
Great Bear Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/6/2025		90,000,000	4.40	$89,934,900	$89,934,624	-$276	
Great Bear Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/18/2025		35,000,000	4.47	$34,923,175	$34,922,832	-$343	
HSBC Securities (USA), Inc. Repo Tri Party Overnight Fixed	REPO TRIPARTY OVERNIGHT FIXED	4.37	8/1/2025		400,000,000	4.43	$400,000,000	$400,000,000	$0	
HW Hellman Building, LP, Mar 01, 2062	VARIABLE RATE DEMAND NOTE	4.45	3/1/2062	8/7/2025	50,000,000	4.45	$50,000,000	$50,000,000	$0	
ING (U.S.) Funding LLC CP	COMMERCIAL PAPER		11/4/2025		65,000,000	4.50	$64,244,267	$64,240,456	-$3,811	
ING (U.S.) Funding LLC CP4-2	COMMERCIAL PAPER - 4-2		8/22/2025		95,000,000	4.51	$94,744,556	$94,747,538	$2,982	
LMA-Americas LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/22/2025		50,150,000	4.47	$50,015,459	$50,015,638	$179	
LMA-Americas LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/2/2025		50,700,000	4.51	$50,495,510	$50,495,415	-$95	
LMA-Americas LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/15/2025		60,000,000	4.51	$59,662,667	$59,662,056	-$611	
LMA-Americas LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/2/2025		45,700,000	4.51	$45,348,110	$45,349,550	$1,440	
LMA-Americas LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/3/2025		50,500,000	4.51	$50,104,978	$50,106,534	$1,557	
La Fayette Asset Securitization LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/17/2025		100,000,000	4.51	$99,413,333	$99,414,930	$1,597	
La Fayette Asset Securitization LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/18/2025		75,000,000	4.53	$74,548,792	$74,552,130	$3,338	
La Fayette Asset Securitization LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/24/2025		50,000,000	4.52	$49,663,889	$49,665,160	$1,271	
Lion Bay Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/1/2025		160,000,000	4.39	$159,980,756	$159,980,736	-$20	
Longship Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/5/2025		225,000,000	4.49	$224,862,500	$224,864,145	$1,645	
Longship Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/24/2025		175,000,000	4.48	$173,826,285	$173,826,730	$445	
MUFG Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.45	9/3/2025		55,000,000	4.51	$55,000,000	$55,003,339	$3,339	
MUFG Bank Ltd. CP	COMMERCIAL PAPER		9/17/2025		150,000,000	4.52	$149,120,000	$149,123,655	$3,655	
MUFG Bank Ltd. CP	COMMERCIAL PAPER		9/24/2025		191,000,000	4.52	$189,716,056	$189,713,711	-$2,345	
MUFG Bank Ltd. CP	COMMERCIAL PAPER		10/14/2025		10,000,000	4.51	$9,908,333	$9,908,049	-$284	
Matchpoint Finance plc CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/1/2025		180,000,000	4.39	$179,978,350	$179,978,292	-$58	

10	Florida PRIMETM Monthly Summary Report - July 31, 2025

Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current Yield	Amort Cost (2)	Mkt Value (1)	Unrealized Gain/Loss	
Mizuho Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.45	10/21/2025		100,000,000	4.51	$100,000,000	$99,996,310	-$3,690	
Mizuho Bank Ltd., Canada Branch TD	TIME DEPOSIT	4.34	8/1/2025		1,200,000,000	4.40	$1,200,000,000	$1,200,000,000	$0	
Mizuho Securities USA, Inc. - REPO TRIPARTY OVERNIGHT FIXED	REPO TRIPARTY OVERNIGHT FIXED	4.37	8/1/2025		400,000,000	4.43	$400,000,000	$400,000,000	$0	
National Bank of Canada, Apr 01, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.62	4/1/2026	8/1/2025	200,000,000	4.68	$200,000,000	$200,086,460	$86,460	
National Bank of Canada, Apr 07, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.62	4/7/2026	8/1/2025	200,000,000	4.68	$200,000,000	$200,077,160	$77,160	
National Bank of Canada, Feb 04, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.63	2/4/2026	8/1/2025	250,000,000	4.69	$250,000,000	$250,111,500	$111,500	
National Bank of Canada, Feb 09, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.63	2/9/2026	8/1/2025	130,000,000	4.69	$130,000,000	$130,058,578	$58,578	
National Bank of Canada, Montreal CP4-2	COMMERCIAL PAPER - 4-2		10/31/2025		50,000,000	4.57	$49,444,167	$49,442,975	-$1,192	
National Bank of Canada, Montreal CP4-2	COMMERCIAL PAPER - 4-2		1/9/2026		175,000,000	4.51	$171,613,750	$171,585,400	-$28,350	
National Bank of Canada, Montreal CP4-2	COMMERCIAL PAPER - 4-2		1/20/2026		62,000,000	4.51	$60,717,349	$60,709,203	-$8,146	
National Bank of Canada, Montreal CP4-2	COMMERCIAL PAPER - 4-2		1/20/2026		180,000,000	4.51	$176,276,175	$176,252,526	-$23,649	
National Bank of Canada, Montreal CP4-2	COMMERCIAL PAPER - 4-2		2/3/2026		225,000,000	4.53	$219,951,000	$219,943,868	-$7,133	
Nationwide Building Society CP4-2	COMMERCIAL PAPER - 4-2		9/4/2025		105,000,000	4.52	$104,550,833	$104,556,785	$5,951	
Nordea Bank Abp TD	TIME DEPOSIT	4.33	8/1/2025		925,000,000	4.39	$925,000,000	$925,000,000	$0	
Old Line Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/25/2025		25,000,000	4.21	$24,843,667	$24,828,785	-$14,882	
Old Line Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/20/2025		75,000,000	4.54	$74,271,000	$74,258,685	-$12,315	
Old Line Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/28/2025		50,000,000	4.53	$49,467,236	$49,457,305	-$9,931	
Old Line Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		12/3/2025		100,000,000	4.51	$98,489,583	$98,491,320	$1,737	
Old Line Funding, LLC, Dec 19, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.60	12/19/2025	8/1/2025	50,000,000	4.66	$50,000,000	$50,000,000	$0	
Old Line Funding, LLC, Feb 02, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.71	2/2/2026	8/1/2025	100,000,000	4.78	$100,000,000	$100,000,000	$0	
Old Line Funding, LLC, Nov 19, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.61	11/19/2025	8/1/2025	65,000,000	4.67	$65,000,000	$65,000,000	$0	
Old Line Funding, LLC, Nov 24, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.65	11/24/2025	8/1/2025	50,000,000	4.71	$50,000,000	$50,009,362	$9,362	
Old Line Funding, LLC, Oct 23, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.63	10/23/2025	8/1/2025	100,000,000	4.69	$100,000,000	$100,000,000	$0	
Overbaugh Family (2016) Survivorship Trust,Apr 01, 2042	VARIABLE RATE DEMAND NOTE	4.45	4/1/2042	8/7/2025	7,015,000	4.45	$7,015,000	$7,015,000	$0	
Paradelle Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/30/2025		20,000,000	4.56	$19,780,589	$19,778,094	-$2,495	
Paradelle Funding LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		3/19/2026		200,000,000	4.41	$194,597,167	$194,466,700	-$130,467	
Park Avenue Collateralized Notes Co., LLC, Apr 24, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.62	4/24/2026	8/1/2025	228,000,000	4.68	$228,000,000	$228,000,000	$0	
Park Avenue Collateralized Notes Co., LLC, Dec 15, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.60	12/15/2025	8/1/2025	10,000,000	4.66	$10,000,000	$10,000,471	$471	
Park Avenue Collateralized Notes Co., LLC, Feb 23, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.63	2/23/2026	8/1/2025	75,000,000	4.69	$75,000,000	$75,000,000	$0	
Pennsylvania State Higher Education Assistance Agency, (Taxable Series A), 06/01/2054	MUNICIPAL VARIABLE RATE DEMAND NOTE	4.35	6/1/2054	8/7/2025	32,294,000	4.35	$32,294,000	$32,294,000	$0	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		8/22/2025		65,000,000	4.55	$64,825,619	$64,826,340	$720	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		8/29/2025		50,000,000	4.67	$49,820,361	$49,823,975	$3,614	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		9/2/2025		100,000,000	4.56	$99,597,583	$99,598,960	$1,377	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		10/27/2025		100,000,000	4.56	$98,925,667	$98,924,440	-$1,227	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		12/4/2025		75,000,000	4.51	$73,858,125	$73,857,600	-$525	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		12/10/2025		16,000,000	4.51	$15,744,800	$15,744,565	-$235	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		1/27/2026		21,000,000	4.48	$20,546,400	$20,542,200	-$4,200	

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Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current Yield	Amort Cost (2)	Mkt Value (1)	Unrealized Gain/Loss	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		2/5/2026		25,000,000	4.50	$24,433,000	$24,428,408	-$4,593	
Podium Funding Trust CPABS3A3	COMMERCIAL PAPER - ABS 3A3		4/17/2026		5,000,000	4.44	$4,846,167	$4,843,800	-$2,367	
Podium Funding Trust, Jan 20, 2026	VARIABLE RATE COMMERCIAL PAPER-ABS 3A3	4.72	1/20/2026	8/1/2025	20,000,000	4.79	$20,000,000	$20,016,006	$16,006	
Podium Funding Trust, Oct 07, 2025	VARIABLE RATE COMMERCIAL PAPER-ABS 3A3	4.62	10/7/2025	8/1/2025	150,000,000	4.68	$150,000,000	$150,037,590	$37,590	
Royal Bank of Canada CP4-2	COMMERCIAL PAPER - 4-2		10/9/2025		150,000,000	4.54	$148,740,000	$148,732,215	-$7,785	
Royal Bank of Canada CP4-2	COMMERCIAL PAPER - 4-2		11/6/2025		100,000,000	4.57	$98,815,833	$98,820,370	$4,537	
Royal Bank of Canada CP4-2	COMMERCIAL PAPER - 4-2		12/1/2025		200,000,000	4.58	$197,020,667	$197,037,060	$16,393	
Salisbury Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/4/2025		99,500,000	4.51	$98,332,533	$98,333,591	$1,058	
Scheel Investments, LLC, Sep 01, 2041	VARIABLE RATE DEMAND NOTE	4.42	9/1/2041	8/7/2025	6,720,000	4.42	$6,720,000	$6,720,000	$0	
Shefﬁeld Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/7/2025		100,000,000	4.51	$99,914,444	$99,915,220	$776	
Shefﬁeld Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/18/2025		130,000,000	4.51	$129,221,444	$129,222,392	$948	
Shefﬁeld Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/22/2025		50,000,000	4.51	$49,676,111	$49,676,895	$784	
Shefﬁeld Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/23/2025		155,000,000	4.51	$153,977,000	$153,979,790	$2,790	
Shefﬁeld Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/1/2025		50,000,000	4.52	$49,621,111	$49,622,805	$1,694	
Shefﬁeld Receivables Company LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		10/8/2025		115,000,000	4.52	$114,030,167	$114,034,242	$4,075	
Starbird Funding Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/5/2025		100,000,000	4.52	$99,938,750	$99,939,520	$770	
Sumitomo Mitsui Trust Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.45	8/22/2025		75,000,000	4.51	$75,000,000	$75,003,458	$3,458	
Sumitomo Mitsui Trust Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.45	9/22/2025		166,000,000	4.51	$166,000,000	$165,991,268	-$8,732	
Sumitomo Mitsui Trust Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.45	9/15/2025		140,000,000	4.51	$140,000,000	$139,999,832	-$168	
Sumitomo Mitsui Trust Bank Ltd. CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.45	10/1/2025		150,000,000	4.51	$150,000,000	$149,985,990	-$14,010	
Sumitomo Mitsui Trust Bank Ltd. ECD(USD)	EURO CERTIFICATE OF DEPOSIT	0.00	8/12/2025		100,000,000	4.54	$99,852,357	$99,853,116	$759	
Sumitomo Mitsui Trust Bank Ltd. ECD(USD)	EURO CERTIFICATE OF DEPOSIT	4.49	8/21/2025		100,000,000	4.55	$100,000,000	$100,002,206	$2,206	
Sumitomo Mitsui Trust Bank Ltd. ECD(USD)	EURO CERTIFICATE OF DEPOSIT	4.50	8/22/2025		150,000,000	4.56	$150,000,000	$150,000,000	$0	
Sumitomo Mitsui Trust Bank Ltd. ECD(USD)	EURO CERTIFICATE OF DEPOSIT	4.50	9/18/2025		200,000,000	4.56	$200,000,000	$200,000,000	$0	
Taxable Tender Option Bond Trust 2021-MIZ9064TX, (Series 2021-MIZ-
9064TX), 11/01/2056	MUNICIPAL VARIABLE RATE DEMAND NOTE	4.76	11/1/2056	8/7/2025	13,000,000	4.76	$13,000,000	$13,000,000	$0	
Taxable Tender Option Bond Trust 2022-MIZ9084TX, (Series 2022-MIZ-
9084TX), 02/01/2027	MUNICIPAL VARIABLE RATE DEMAND NOTE	4.76	2/1/2027	8/7/2025	10,300,000	4.76	$10,300,000	$10,300,000	$0	
Taxable Tender Option Bond Trust 2022-MIZ9094TX, (Series 2022-MIZ-
9094TX), 12/01/2059	MUNICIPAL VARIABLE RATE DEMAND NOTE	4.76	12/1/2059	8/7/2025	1,500,000	4.76	$1,500,000	$1,500,000	$0	
Texas State,Veterans Bonds (Taxable Series 2023A), 12/01/2054	MUNICIPAL VARIABLE RATE DEMAND NOTE	4.40	12/1/2054	8/6/2025	17,320,000	4.40	$17,320,000	$17,320,000	$0	
The Greathouse 2021 Children’s Trust, Dec 01, 2046	VARIABLE RATE DEMAND NOTE	4.45	12/1/2046	8/7/2025	13,625,000	4.45	$13,625,000	$13,625,000	$0	
Thunder Bay Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		11/6/2025		50,000,000	4.46	$49,414,722	$49,401,835	-$12,887	

12	Florida PRIMETM Monthly Summary Report - July 31, 2025

Security Name	Security Classification	Cpn	Maturity	Rate Reset	Par	Current Yield	Amort Cost (2)	Mkt Value (1)	Unrealized Gain/Loss	
Thunder Bay Funding, LLC CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		1/7/2026		50,000,000	4.51	$49,035,556	$49,034,815	-$741	
Thunder Bay Funding, LLC, Apr 20, 2026	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.65	4/20/2026	8/1/2025	50,000,000	4.71	$50,000,000	$50,000,000	$0	
Thunder Bay Funding, LLC, Dec 15, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.60	12/15/2025	8/1/2025	100,000,000	4.66	$100,000,000	$100,000,000	$0	
Thunder Bay Funding, LLC, Dec 19, 2025	COMMERCIAL PAPER ASSET BACKED CALLABLE	4.60	12/19/2025	8/1/2025	50,000,000	4.66	$50,000,000	$50,003,523	$3,523	
Toronto Dominion Bank CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.55	10/22/2025		10,000,000	4.57	$10,000,000	$9,999,190	-$810	
Toronto Dominion Bank CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.50	1/22/2026		195,000,000	4.51	$195,000,000	$194,967,318	-$32,682	
Toronto Dominion Bank CDYAN	CERTIFICATE OF DEPOSIT - YANKEE	4.55	2/12/2026		50,000,000	4.56	$50,000,000	$50,008,675	$8,675	
Toronto Dominion Bank CP4-2	COMMERCIAL PAPER - 4-2		12/3/2025		90,000,000	4.61	$88,631,250	$88,641,819	$10,569	
Toronto Dominion Bank, Apr 23, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.81	4/23/2026	8/1/2025	120,000,000	4.88	$120,000,000	$120,148,956	$148,956	
Toronto Dominion Bank, Feb 27, 2026	VARIABLE RATE COMMERCIAL PAPER - 4-2	4.68	2/27/2026	8/1/2025	255,000,000	4.75	$255,000,000	$255,108,630	$108,630	
Toyota Credit Canada Inc. CP	COMMERCIAL PAPER		10/8/2025		50,000,000	4.46	$49,587,917	$49,575,555	-$12,362	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		9/22/2025		25,000,000	4.51	$24,839,896	$24,838,350	-$1,546	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		11/6/2025		5,000,000	4.56	$4,940,247	$4,939,512	-$735	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		1/26/2026		40,000,000	4.53	$39,134,833	$39,124,144	-$10,689	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		2/12/2026		32,000,000	4.54	$31,240,391	$31,234,611	-$5,780	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		2/17/2026		20,000,000	4.59	$19,508,667	$19,509,756	$1,089	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		3/2/2026		10,000,000	4.58	$9,739,039	$9,739,475	$436	
Toyota Credit De Puerto Rico Corp. CP	COMMERCIAL PAPER		4/14/2026		42,500,000	4.54	$41,177,164	$41,177,897	$733	
Toyota Motor Credit Corp. CP	COMMERCIAL PAPER		11/4/2025		100,000,000	4.52	$98,837,333	$98,834,670	-$2,663	
Toyota Motor Credit Corp., Feb 24, 2026	VARIABLE MEDIUM TERM NOTE	4.66	2/24/2026	8/1/2025	125,000,000	4.72	$125,000,000	$125,013,565	$13,565	
Toyota Motor Credit Corp., Sep 17, 2025	VARIABLE MEDIUM TERM NOTE	4.71	9/17/2025	8/1/2025	150,000,000	4.78	$150,000,000	$150,031,232	$31,232	
Truist Bank CD	CERTIFICATE OF DEPOSIT	4.35	10/31/2025		200,000,000	4.41	$200,000,000	$199,925,000	-$75,000	
Truist Bank CD	CERTIFICATE OF DEPOSIT	4.46	11/10/2025		55,000,000	4.52	$55,000,000	$54,994,836	-$5,165	
Truist Bank CD	CERTIFICATE OF DEPOSIT	4.45	10/1/2025		200,000,000	4.51	$200,000,000	$199,997,380	-$2,620	
Victory Receivables Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/5/2025		50,000,000	4.51	$49,969,444	$49,969,760	$316	
Victory Receivables Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		8/5/2025		100,000,000	4.51	$99,938,889	$99,939,520	$631	
Victory Receivables Corp. CPABS4-2	COMMERCIAL PAPER - ABS- 4(2)		9/16/2025		260,000,000	4.51	$258,506,444	$258,507,340	$896	
Westlake Automobile Receivables Trust 2025-2, A1, 4.642%, 07/15/2026	ASSET BACKED NOTE	4.64	7/15/2026		54,000,000	4.64	$54,000,000	$54,004,579	$4,579	
Westpac Banking Corp. Ltd., Sydney CP4-2	COMMERCIAL PAPER - 4-2		9/26/2025		75,000,000	4.19	$74,525,000	$74,479,275	-$45,725	
Westpac Banking Corp. Ltd., Sydney CP4-2	COMMERCIAL PAPER - 4-2		9/29/2025		100,000,000	4.25	$99,325,000	$99,268,760	-$56,240	
Wylie Bice LIfe Insurance Trust, Aug 01, 2046	VARIABLE RATE DEMAND NOTE	4.42	8/1/2046	8/7/2025	7,625,000	4.42	$7,625,000	$7,625,000	$0	
Total Value of Assets					26,388,160,807		$26,310,902,645	$26,311,056,211	$153,566	

Notes:

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PARTICIPANT CONCENTRATION DATA - AS OF JULY 31 2025

14	Florida PRIMETM Monthly Summary Report - July 31, 2025

COMPLIANCE WITH INVESTMENT POLICY FOR JULY 31,2025

As investment manager, Federated monitors compliance daily on Florida PRIME to ensure that investment practices comply with the requirements of the Investment Policy Statement (IPS). Federated provides a monthly compliance report to the SBA and is required to notify the Investment Oversight Group (IOG) of compliance exceptions within 24 hours of identiﬁcation. The IOG will meet as necessary based on the occurrence and resolution of compliance exceptions or upon the occurrence of a material event. Minutes from the IOG meetings are posted to the Florida PRIME website.

In addition to the compliance testing performed by Federated, SBA Risk Management and Compliance conducts daily independent testing on Florida PRIME using a risk-based approach. Under this approach, each IPS parameter is ranked as “High” or “Low” with respect to the level of risk associated with a potential guideline breach. Negative test results are subject to independent veriﬁcation and review for possible escalation.These rankings, along with the frequency for testing, are reviewed and approved by the IOG on an annual basis or more often if market conditions dictate. Additionally, any parameter reported in “Fail” status on the Federated compliance report, regardless of risk ranking, is also independently veriﬁed and escalated accordingly. The results of independent testing are currently reported monthly to the IOG.

Test by Source	Pass/Fail

Securities must be USD denominated	Pass

Ratings requirements

Long-term securities must have long-term ratings in the	Pass three highest categories

First Tier Securities	Pass

Test by Source	Pass/Fail

Money Market Mutual Funds

Invested in any one Money Market Mutual Fund	Pass

Repurchase Agreements

Repurchase Agreement Counterparty Rating	Pass

Commercial Paper must have short-term ratings from at least one NRSRO

S&P Weighted Average Life	Pass

Repurchase Agreement Counterparties must be rated by S&P

Pass

Pass

Term Repurchase Agreements with any single dealer - Counterparty Rating A-1+ (2-5 business days)

Term Repurchase Agreements with any single dealer - Counterparty Rating A-1+ (More than 5 business days)

Pass

Pass

Maturity

Dollar Weighted Average Maturity	Pass

Individual Security	Pass

Government floating rate notes/variable rate notes	 Pass Weighted Average Life	Pass

Repurchase Agreements with any single dealer - Counterparty Rating A-1

Concentration Tests

Pass

Issuer Diversification

Any Single Government Agency	Pass

Illiquid Securities	Pass

Assets invested in securities accessible within 1 business day

Pass

Demand Feature and Guarantor Diversification

First Tier securities issued by or subject to demand features and guarantees of a controlled person

Pass

Term Repurchase Agreements with any single dealer -
Counterparty Rating A-1 (2-5 business days)

Pass

Securities in Highest Rating Category (A-1+ or
equivalent)

Pass

Term Repurchase Agreements with any single dealer -
Counterparty Rating A-1 (More than 5 business days)

Pass

Industry Concentration, excluding financial services
industry

Pass

First tier issuer (limit does not apply to cash, cash
items, U.S. Government securities and repo collateralized by these securities)

Pass

Assets invested in securities accessible within 5 business
days

Pass

First Tier securities issued by or subject to demand
features and guarantees of a non-controlled person

Pass

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TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
ABN AMRO BANK N.V.	07/07/25	07/07/25	07/07/25	MATURITY	1,380,000,000	0	1,380,000,000	0	
ABN AMRO BANK N.V.	07/14/25	07/14/25	07/14/25	MATURITY	1,350,000,000	0	1,350,000,000	0	
ABN AMRO BANK N.V.	07/21/25	07/21/25	07/21/25	MATURITY	1,350,000,000	0	1,350,000,000	0	
ABN AMRO BANK N.V.	07/28/25	07/28/25	07/28/25	MATURITY	1,325,000,000	0	1,325,000,000	0	
ANGLESEA FDG PLC / ANGL 0.0 29JUL25	07/29/25	07/29/25	07/29/25	MATURITY	260,000,000	0	260,000,000	0	
ANGLESEA FUNDING LLCPABS4	07/01/25	07/01/25	07/01/25	MATURITY	300,000,000	0	300,000,000	0	
ANGLESEA FUNDING LLCPABS4	07/02/25	07/02/25	07/02/25	MATURITY	100,000,000	0	100,000,000	0	
ANGLESEA FUNDING LLCPABS4	07/03/25	07/03/25	07/03/25	MATURITY	50,000,000	0	50,000,000	0	
ANGLESEA FUNDING LLCPABS4	07/08/25	07/08/25	07/08/25	MATURITY	125,000,000	0	125,000,000	0	
ANGLESEA FUNDING LLCPABS4	07/09/25	07/09/25	07/09/25	MATURITY	30,000,000	0	30,000,000	0	
ANGLESEA FUNDING LLCPABS4	07/15/25	07/15/25	07/15/25	MATURITY	75,000,000	0	75,000,000	0	
ANGLESEA FUNDING LLCPABS4	07/22/25	07/22/25	07/22/25	MATURITY	185,000,000	0	185,000,000	0	
ASB BANK LTD, CP4-2CP4-2	07/24/25	07/24/25	07/24/25	MATURITY	75,000,000	0	75,000,000	0	
ASCENSION HEALTH ALCP	07/16/25	07/16/25	07/16/25	MATURITY	24,525,000	0	24,525,000	0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD.	07/02/25	07/02/25	07/02/25	MATURITY	1,400,000,000	0	1,400,000,000	0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD.	07/09/25	07/09/25	07/09/25	MATURITY	1,350,000,000	0	1,350,000,000	0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD.	07/16/25	07/16/25	07/16/25	MATURITY	1,350,000,000	0	1,350,000,000	0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD.	07/23/25	07/23/25	07/23/25	MATURITY	1,325,000,000	0	1,325,000,000	0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD.	07/30/25	07/30/25	07/30/25	MATURITY	1,325,000,000	0	1,325,000,000	0	
BANK OF AMERICA N,A,, JUL	07/31/25	07/31/25	07/31/25	MATURITY	100,000,000	0	100,000,000	0	
BANK OF AMERICA TRIPARTY	07/01/25	07/01/25	07/01/25	MATURITY	1,782,000,000	0	1,782,000,000	0	
BANK OF AMERICA TRIPARTY	07/02/25	07/02/25	07/02/25	MATURITY	1,712,000,000	0	1,712,000,000	0	
BANK OF AMERICA TRIPARTY	07/07/25	07/07/25	07/07/25	MATURITY	1,900,000,000	0	1,900,000,000	0	
BANK OF AMERICA TRIPARTY	07/08/25	07/08/25	07/08/25	MATURITY	2,320,000,000	0	2,320,000,000	0	
BANK OF AMERICA TRIPARTY	07/09/25	07/09/25	07/09/25	MATURITY	2,329,000,000	0	2,329,000,000	0	
BANK OF AMERICA TRIPARTY	07/10/25	07/10/25	07/10/25	MATURITY	2,140,000,000	0	2,140,000,000	0	
BANK OF AMERICA TRIPARTY	07/11/25	07/11/25	07/11/25	MATURITY	1,849,000,000	0	1,849,000,000	0	
BANK OF AMERICA TRIPARTY	07/14/25	07/14/25	07/14/25	MATURITY	2,097,000,000	0	2,097,000,000	0	
BANK OF AMERICA TRIPARTY	07/15/25	07/15/25	07/15/25	MATURITY	1,837,000,000	0	1,837,000,000	0	
BANK OF AMERICA TRIPARTY	07/16/25	07/16/25	07/16/25	MATURITY	1,592,000,000	0	1,592,000,000	0	
BANK OF AMERICA TRIPARTY	07/17/25	07/17/25	07/17/25	MATURITY	2,300,000,000	0	2,300,000,000	0	
BANK OF AMERICA TRIPARTY	07/18/25	07/18/25	07/18/25	MATURITY	533,000,000	0	533,000,000	0	
BANK OF AMERICA TRIPARTY	07/21/25	07/21/25	07/21/25	MATURITY	1,838,000,000	0	1,838,000,000	0	
BANK OF AMERICA TRIPARTY	07/22/25	07/22/25	07/22/25	MATURITY	560,000,000	0	560,000,000	0	
BANK OF AMERICA TRIPARTY	07/23/25	07/23/25	07/23/25	MATURITY	1,690,000,000	0	1,690,000,000	0	
BANK OF AMERICA TRIPARTY	07/24/25	07/24/25	07/24/25	MATURITY	1,568,000,000	0	1,568,000,000	0	
BANK OF AMERICA TRIPARTY	07/25/25	07/25/25	07/25/25	MATURITY	566,000,000	0	566,000,000	0	
BANK OF AMERICA TRIPARTY	07/28/25	07/28/25	07/28/25	MATURITY	1,916,000,000	0	1,916,000,000	0	
BANK OF AMERICA TRIPARTY	07/29/25	07/29/25	07/29/25	MATURITY	80,000,000	0	80,000,000	0	
BANK OF AMERICA TRIPARTY	07/30/25	07/30/25	07/30/25	MATURITY	2,316,000,000	0	2,316,000,000	0	
BANK OF AMERICA TRIPARTY	07/31/25	07/31/25	07/31/25	MATURITY	325,000,000	0	325,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/01/25	07/01/25	07/01/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/02/25	07/02/25	07/02/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/07/25	07/07/25	07/07/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/08/25	07/08/25	07/08/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/09/25	07/09/25	07/09/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/10/25	07/10/25	07/10/25	MATURITY	950,000,000	0	950,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/11/25	07/11/25	07/11/25	MATURITY	950,000,000	0	950,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/14/25	07/14/25	07/14/25	MATURITY	950,000,000	0	950,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/15/25	07/15/25	07/15/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/16/25	07/16/25	07/16/25	MATURITY	900,000,000	0	900,000,000	0	

16	Florida PRIMETM Monthly Summary Report - July 31, 2025

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
BANK OF NOVA SCOTIA TRIPARTY	07/17/25	07/17/25	07/17/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/18/25	07/18/25	07/18/25	MATURITY	500,000,000	0	500,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/21/25	07/21/25	07/21/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/22/25	07/22/25	07/22/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/23/25	07/23/25	07/23/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/24/25	07/24/25	07/24/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/25/25	07/25/25	07/25/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/28/25	07/28/25	07/28/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/29/25	07/29/25	07/29/25	MATURITY	200,000,000	0	200,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/30/25	07/30/25	07/30/25	MATURITY	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/31/25	07/31/25	07/31/25	MATURITY	700,000,000	0	700,000,000	0	
BARTON CAPITAL S-A-CPABS4	07/15/25	07/15/25	07/15/25	MATURITY	20,000,000	0	20,000,000	0	
BENNINGTON STARK C 0.0 30JUL25 144A	07/30/25	07/30/25	07/30/25	MATURITY	225,000,000	0	225,000,000	0	
BENNINGTON STARK CACPABS4	07/02/25	07/02/25	07/02/25	MATURITY	200,000,000	0	200,000,000	0	
BENNINGTON STARK CACPABS4	07/09/25	07/09/25	07/09/25	MATURITY	200,000,000	0	200,000,000	0	
BENNINGTON STARK CACPABS4	07/16/25	07/16/25	07/16/25	MATURITY	175,000,000	0	175,000,000	0	
BENNINGTON STARK CACPABS4	07/23/25	07/23/25	07/23/25	MATURITY	155,000,000	0	155,000,000	0	
BENNINGTON STARK CACPABS4	07/25/25	07/25/25	07/25/25	MATURITY	127,000,000	0	127,000,000	0	
BNG BANK N-V- CP4-2CP4-2	07/03/25	07/03/25	07/03/25	MATURITY	74,000,000	0	74,000,000	0	
BOFA SECURITIES, INCP4-2	07/09/25	07/09/25	07/09/25	MATURITY	280,000,000	0	280,000,000	0	
CHESHAM FIN LTD / 0.0 29JUL25 144A	07/29/25	07/29/25	07/29/25	MATURITY	193,000,000	0	193,000,000	0	
CHESHAM FIN LTD / CHE 0.00 29JUL25	07/29/25	07/29/25	07/29/25	MATURITY	150,000,000	0	150,000,000	0	
CHESHAM FINANCE LLCCPABS4	07/01/25	07/01/25	07/01/25	MATURITY	191,000,000	0	191,000,000	0	
CHESHAM FINANCE LLCCPABS4	07/01/25	07/01/25	07/01/25	MATURITY	150,000,000	0	150,000,000	0	
CHESHAM FINANCE LLCCPABS4	07/08/25	07/08/25	07/08/25	MATURITY	182,000,000	0	182,000,000	0	
CHESHAM FINANCE LLCCPABS4	07/08/25	07/08/25	07/08/25	MATURITY	150,000,000	0	150,000,000	0	
CHESHAM FINANCE LLCCPABS4	07/15/25	07/15/25	07/15/25	MATURITY	185,000,000	0	185,000,000	0	
CHESHAM FINANCE LLCCPABS4	07/15/25	07/15/25	07/15/25	MATURITY	150,000,000	0	150,000,000	0	
CHESHAM FINANCE LLCCPABS4	07/22/25	07/22/25	07/22/25	MATURITY	189,000,000	0	189,000,000	0	
CHESHAM FINANCE LLCCPABS4	07/22/25	07/22/25	07/22/25	MATURITY	150,000,000	0	150,000,000	0	
CIESCO- LLC CPABS4-CPABS4	07/09/25	07/09/25	07/09/25	MATURITY	8,200,000	0	8,200,000	0	
CREDIT AGRICOLE CORCDYAN	07/31/25	07/31/25	07/31/25	MATURITY	176,875,000	0	176,875,000	0	
CREDIT INDUSTRIEL ET COMMERCIAL- NEW YORK BRANCH	07/18/25	07/18/25	07/18/25	MATURITY	500,000,000	0	500,000,000	0	
DNB BANK ASA NEW YORK	07/29/25	07/29/25	07/29/25	MATURITY	600,000,000	0	600,000,000	0	
FALCON ASSET FUNDINCPABS4	07/18/25	07/18/25	07/18/25	MATURITY	50,000,000	0	50,000,000	0	
GOTHAM FUNDING CORPCPABS4	07/30/25	07/30/25	07/30/25	MATURITY	125,000,000	0	125,000,000	0	
GREAT BEAR FUNDING CPABS4	07/02/25	07/02/25	07/02/25	MATURITY	45,000,000	0	45,000,000	0	
GREAT BEAR FUNDING CPABS4	07/09/25	07/09/25	07/09/25	MATURITY	75,000,000	0	75,000,000	0	
GREAT BEAR FUNDING CPABS4	07/16/25	07/16/25	07/16/25	MATURITY	68,000,000	0	68,000,000	0	
Great Bear Funding CPABS4	07/28/25	07/28/25	07/28/25	MATURITY	91,000,000	0	91,000,000	0	
HSBC TRIPARTY	07/01/25	07/01/25	07/01/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/01/25	07/01/25	07/01/25	MATURITY	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/02/25	07/02/25	07/02/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/02/25	07/02/25	07/02/25	MATURITY	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/07/25	07/07/25	07/07/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/07/25	07/07/25	07/07/25	MATURITY	1,200,000,000	0	1,200,000,000	0	
HSBC TRIPARTY	07/08/25	07/08/25	07/08/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/08/25	07/08/25	07/08/25	MATURITY	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/09/25	07/09/25	07/09/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/09/25	07/09/25	07/09/25	MATURITY	600,000,000	0	600,000,000	0	
HSBC TRIPARTY	07/10/25	07/10/25	07/10/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/10/25	07/10/25	07/10/25	MATURITY	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/11/25	07/11/25	07/11/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/11/25	07/11/25	07/11/25	MATURITY	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/14/25	07/14/25	07/14/25	MATURITY	100,000,000	0	100,000,000	0	

https:// pr ime. sbafla. com	17

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
HSBC TRIPARTY	07/14/25	07/14/25	07/14/25	MATURITY	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/15/25	07/15/25	07/15/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/15/25	07/15/25	07/15/25	MATURITY	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/16/25	07/16/25	07/16/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/16/25	07/16/25	07/16/25	MATURITY	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/16/25	07/16/25	07/16/25	MATURITY	600,000,000	0	600,000,000	0	
HSBC TRIPARTY	07/17/25	07/17/25	07/17/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/17/25	07/17/25	07/17/25	MATURITY	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/18/25	07/18/25	07/18/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/18/25	07/18/25	07/18/25	MATURITY	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/21/25	07/21/25	07/21/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/21/25	07/21/25	07/21/25	MATURITY	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/22/25	07/22/25	07/22/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/22/25	07/22/25	07/22/25	MATURITY	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/23/25	07/23/25	07/23/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/23/25	07/23/25	07/23/25	MATURITY	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/24/25	07/24/25	07/24/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/24/25	07/24/25	07/24/25	MATURITY	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/25/25	07/25/25	07/25/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/25/25	07/25/25	07/25/25	MATURITY	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/28/25	07/28/25	07/28/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/28/25	07/28/25	07/28/25	MATURITY	800,000,000	0	800,000,000	0	
HSBC TRIPARTY	07/29/25	07/29/25	07/29/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/29/25	07/29/25	07/29/25	MATURITY	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/30/25	07/30/25	07/30/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/30/25	07/30/25	07/30/25	MATURITY	600,000,000	0	600,000,000	0	
HSBC TRIPARTY	07/31/25	07/31/25	07/31/25	MATURITY	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/31/25	07/31/25	07/31/25	MATURITY	300,000,000	0	300,000,000	0	
LION BAY FDG DAC D 0.0 24JUL25 144A	07/24/25	07/24/25	07/24/25	MATURITY	127,000,000	0	127,000,000	0	
LION BAY FDG DAC D 0.0 29JUL25 144A	07/29/25	07/29/25	07/29/25	MATURITY	121,000,000	0	121,000,000	0	
LION BAY FDG DAC D 0.0 30JUL25 144A	07/30/25	07/30/25	07/30/25	MATURITY	41,000,000	0	41,000,000	0	
LION BAY FDG DAC DISC C 0.0 28JUL25	07/28/25	07/28/25	07/28/25	MATURITY	90,000,000	0	90,000,000	0	
LION BAY FDG DAC DISC C 0.0 31JUL25	07/31/25	07/31/25	07/31/25	MATURITY	40,000,000	0	40,000,000	0	
LION BAY FUNDING LLCPABS4	07/01/25	07/01/25	07/01/25	MATURITY	30,000,000	0	30,000,000	0	
LION BAY FUNDING LLCPABS4	07/02/25	07/02/25	07/02/25	MATURITY	229,500,000	0	229,500,000	0	
LION BAY FUNDING LLCPABS4	07/09/25	07/09/25	07/09/25	MATURITY	96,000,000	0	96,000,000	0	
LION BAY FUNDING LLCPABS4	07/14/25	07/14/25	07/14/25	MATURITY	70,000,000	0	70,000,000	0	
LION BAY FUNDING LLCPABS4	07/15/25	07/15/25	07/15/25	MATURITY	131,000,000	0	131,000,000	0	
LION BAY FUNDING LLCPABS4	07/16/25	07/16/25	07/16/25	MATURITY	135,000,000	0	135,000,000	0	
LION BAY FUNDING LLCPABS4	07/17/25	07/17/25	07/17/25	MATURITY	60,000,000	0	60,000,000	0	
LION BAY FUNDING LLCPABS4	07/18/25	07/18/25	07/18/25	MATURITY	95,000,000	0	95,000,000	0	
LION BAY FUNDING LLCPABS4	07/21/25	07/21/25	07/21/25	MATURITY	86,000,000	0	86,000,000	0	
Lion Bay Funding LLCPABS4	07/22/25	07/22/25	07/22/25	MATURITY	15,000,000	0	15,000,000	0	
LMA-AMERICAS LLC CPCPABS4	07/09/25	07/09/25	07/09/25	MATURITY	50,800,000	0	50,800,000	0	
LMA-AMERICAS LLC CPCPABS4	07/10/25	07/10/25	07/10/25	MATURITY	50,000,000	0	50,000,000	0	
LMA-AMERICAS LLC CPCPABS4	07/21/25	07/21/25	07/21/25	MATURITY	50,000,000	0	50,000,000	0	
LMA-AMERICAS LLC CPCPABS4	07/25/25	07/25/25	07/25/25	MATURITY	51,300,000	0	51,300,000	0	
MATCHPOINT FIN PLC SER 0.0 23JUL25	07/23/25	07/23/25	07/23/25	MATURITY	168,000,000	0	168,000,000	0	
MATCHPOINT FIN PLC SER 0.0 24JUL25	07/24/25	07/24/25	07/24/25	MATURITY	119,000,000	0	119,000,000	0	
MATCHPOINT FIN PLC SER 0.0 25JUL25	07/25/25	07/25/25	07/25/25	MATURITY	148,000,000	0	148,000,000	0	
MATCHPOINT FIN PLC SER 0.0 28JUL25	07/28/25	07/28/25	07/28/25	MATURITY	148,000,000	0	148,000,000	0	
MATCHPOINT FIN PLC SER 0.0 29JUL25	07/29/25	07/29/25	07/29/25	MATURITY	149,000,000	0	149,000,000	0	
MATCHPOINT FIN PLC SER 0.0 30JUL25	07/30/25	07/30/25	07/30/25	MATURITY	150,000,000	0	150,000,000	0	

18	Florida PRIMETM Monthly Summary Report - July 31, 2025

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
MATCHPOINT FIN PLC SER 0.0 31JUL25	07/31/25	07/31/25	07/31/25	MATURITY	203,000,000	0	203,000,000	0	
MATCHPOINT FINANCE CPABS4	07/01/25	07/01/25	07/01/25	MATURITY	137,000,000	0	137,000,000	0	
MATCHPOINT FINANCE CPABS4	07/02/25	07/02/25	07/02/25	MATURITY	133,000,000	0	133,000,000	0	
MATCHPOINT FINANCE CPABS4	07/07/25	07/07/25	07/07/25	MATURITY	128,000,000	0	128,000,000	0	
MATCHPOINT FINANCE CPABS4	07/08/25	07/08/25	07/08/25	MATURITY	131,000,000	0	131,000,000	0	
MATCHPOINT FINANCE CPABS4	07/09/25	07/09/25	07/09/25	MATURITY	128,000,000	0	128,000,000	0	
MATCHPOINT FINANCE CPABS4	07/10/25	07/10/25	07/10/25	MATURITY	128,000,000	0	128,000,000	0	
MATCHPOINT FINANCE CPABS4	07/11/25	07/11/25	07/11/25	MATURITY	128,000,000	0	128,000,000	0	
MATCHPOINT FINANCE CPABS4	07/14/25	07/14/25	07/14/25	MATURITY	128,000,000	0	128,000,000	0	
MATCHPOINT FINANCE CPABS4	07/15/25	07/15/25	07/15/25	MATURITY	144,000,000	0	144,000,000	0	
MATCHPOINT FINANCE CPABS4	07/16/25	07/16/25	07/16/25	MATURITY	140,000,000	0	140,000,000	0	
MATCHPOINT FINANCE CPABS4	07/17/25	07/17/25	07/17/25	MATURITY	146,000,000	0	146,000,000	0	
MATCHPOINT FINANCE CPABS4	07/18/25	07/18/25	07/18/25	MATURITY	158,000,000	0	158,000,000	0	
MATCHPOINT FINANCE CPABS4	07/21/25	07/21/25	07/21/25	MATURITY	160,000,000	0	160,000,000	0	
Matchpoint Finance CPABS4	07/22/25	07/22/25	07/22/25	MATURITY	170,000,000	0	170,000,000	0	
MIZUHO BANK LTD, CDCDYAN	07/10/25	07/10/25	07/10/25	MATURITY	165,000,000	0	165,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/02/25	07/02/25	07/02/25	MATURITY	900,000,000	0	900,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/10/25	07/10/25	07/10/25	MATURITY	425,000,000	0	425,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/11/25	07/11/25	07/11/25	MATURITY	675,000,000	0	675,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/14/25	07/14/25	07/14/25	MATURITY	500,000,000	0	500,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/15/25	07/15/25	07/15/25	MATURITY	1,230,000,000	0	1,230,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/18/25	07/18/25	07/18/25	MATURITY	1,215,000,000	0	1,215,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/21/25	07/21/25	07/21/25	MATURITY	935,000,000	0	935,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/22/25	07/22/25	07/22/25	MATURITY	1,210,000,000	0	1,210,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/23/25	07/23/25	07/23/25	MATURITY	1,210,000,000	0	1,210,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/24/25	07/24/25	07/24/25	MATURITY	1,210,000,000	0	1,210,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/25/25	07/25/25	07/25/25	MATURITY	1,200,000,000	0	1,200,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/29/25	07/29/25	07/29/25	MATURITY	1,195,000,000	0	1,195,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/31/25	07/31/25	07/31/25	MATURITY	1,205,000,000	0	1,205,000,000	0	
MIZUHO TRIPARTY	07/01/25	07/01/25	07/01/25	MATURITY	100,000,000	0	100,000,000	0	
MIZUHO TRIPARTY	07/02/25	07/02/25	07/02/25	MATURITY	100,000,000	0	100,000,000	0	
MIZUHO TRIPARTY	07/08/25	07/08/25	07/08/25	MATURITY	100,000,000	0	100,000,000	0	
MIZUHO TRIPARTY	07/09/25	07/09/25	07/09/25	MATURITY	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/10/25	07/10/25	07/10/25	MATURITY	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/11/25	07/11/25	07/11/25	MATURITY	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/14/25	07/14/25	07/14/25	MATURITY	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/15/25	07/15/25	07/15/25	MATURITY	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/16/25	07/16/25	07/16/25	MATURITY	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/17/25	07/17/25	07/17/25	MATURITY	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/18/25	07/18/25	07/18/25	MATURITY	200,000,000	0	200,000,000	0	
MIZUHO TRIPARTY	07/21/25	07/21/25	07/21/25	MATURITY	450,000,000	0	450,000,000	0	
MIZUHO TRIPARTY	07/22/25	07/22/25	07/22/25	MATURITY	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/23/25	07/23/25	07/23/25	MATURITY	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/24/25	07/24/25	07/24/25	MATURITY	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/25/25	07/25/25	07/25/25	MATURITY	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/28/25	07/28/25	07/28/25	MATURITY	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/29/25	07/29/25	07/29/25	MATURITY	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/30/25	07/30/25	07/30/25	MATURITY	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/31/25	07/31/25	07/31/25	MATURITY	400,000,000	0	400,000,000	0	
NORDEA BANK ABP	07/11/25	07/11/25	07/11/25	MATURITY	300,000,000	0	300,000,000	0	
NORDEA BANK ABP	07/18/25	07/18/25	07/18/25	MATURITY	1,035,000,000	0	1,035,000,000	0	
NORDEA BANK ABP	07/22/25	07/22/25	07/22/25	MATURITY	1,110,000,000	0	1,110,000,000	0	
NORDEA BANK ABP	07/25/25	07/25/25	07/25/25	MATURITY	780,000,000	0	780,000,000	0	

https:// pr ime. sbafla. com	19

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
NORDEA BANK ABP	07/29/25	07/29/25	07/29/25	MATURITY	1,060,000,000	0	1,060,000,000	0	
NORDEA BANK ABP	07/31/25	07/31/25	07/31/25	MATURITY	930,000,000	0	930,000,000	0	
RABOBANK NEW YORK	07/01/25	07/01/25	07/01/25	MATURITY	690,000,000	0	690,000,000	0	
RABOBANK NEW YORK	07/02/25	07/02/25	07/02/25	MATURITY	700,000,000	0	700,000,000	0	
RABOBANK NEW YORK	07/08/25	07/08/25	07/08/25	MATURITY	680,000,000	0	680,000,000	0	
RABOBANK NEW YORK	07/09/25	07/09/25	07/09/25	MATURITY	690,000,000	0	690,000,000	0	
RABOBANK NEW YORK	07/15/25	07/15/25	07/15/25	MATURITY	670,000,000	0	670,000,000	0	
RABOBANK NEW YORK	07/16/25	07/16/25	07/16/25	MATURITY	690,000,000	0	690,000,000	0	
RABOBANK NEW YORK	07/22/25	07/22/25	07/22/25	MATURITY	650,000,000	0	650,000,000	0	
RABOBANK NEW YORK	07/23/25	07/23/25	07/23/25	MATURITY	690,000,000	0	690,000,000	0	
RABOBANK NEW YORK	07/29/25	07/29/25	07/29/25	MATURITY	630,000,000	0	630,000,000	0	
RABOBANK NEW YORK	07/30/25	07/30/25	07/30/25	MATURITY	700,000,000	0	700,000,000	0	
ROYAL BANK OF CA FLOATING COUPON 4.68000 MATURITY 20250709	07/09/25	07/09/25	07/09/25	MATURITY	200,000,000	0	200,000,000	0	
STARBIRD FDG CORP DISC 0.0 23JUL25	07/23/25	07/23/25	07/23/25	MATURITY	200,000,000	0	200,000,000	0	
STARBIRD FDG CORP DISC 0.0 25JUL25	07/25/25	07/25/25	07/25/25	MATURITY	275,000,000	0	275,000,000	0	
STARBIRD FDG CORP DISC 0.0 28JUL25	07/28/25	07/28/25	07/28/25	MATURITY	185,000,000	0	185,000,000	0	
STARBIRD FDG CORP DISC 0.0 29JUL25	07/29/25	07/29/25	07/29/25	MATURITY	225,000,000	0	225,000,000	0	
STARBIRD FDG CORP DISC 0.0 30JUL25	07/30/25	07/30/25	07/30/25	MATURITY	245,000,000	0	245,000,000	0	
STARBIRD FDG CORP DISC 0.0 31JUL25	07/31/25	07/31/25	07/31/25	MATURITY	250,000,000	0	250,000,000	0	
STARBIRD FUNDING COCPABS4	07/01/25	07/01/25	07/01/25	MATURITY	190,000,000	0	190,000,000	0	
STARBIRD FUNDING COCPABS4	07/02/25	07/02/25	07/02/25	MATURITY	100,000,000	0	100,000,000	0	
STARBIRD FUNDING COCPABS4	07/07/25	07/07/25	07/07/25	MATURITY	200,000,000	0	200,000,000	0	
STARBIRD FUNDING COCPABS4	07/08/25	07/08/25	07/08/25	MATURITY	250,000,000	0	250,000,000	0	
STARBIRD FUNDING COCPABS4	07/09/25	07/09/25	07/09/25	MATURITY	31,000,000	0	31,000,000	0	
STARBIRD FUNDING COCPABS4	07/14/25	07/14/25	07/14/25	MATURITY	25,000,000	0	25,000,000	0	
STARBIRD FUNDING COCPABS4	07/15/25	07/15/25	07/15/25	MATURITY	163,000,000	0	163,000,000	0	
STARBIRD FUNDING COCPABS4	07/16/25	07/16/25	07/16/25	MATURITY	91,000,000	0	91,000,000	0	
STARBIRD FUNDING COCPABS4	07/17/25	07/17/25	07/17/25	MATURITY	260,000,000	0	260,000,000	0	
STARBIRD FUNDING COCPABS4	07/18/25	07/18/25	07/18/25	MATURITY	285,000,000	0	285,000,000	0	
STARBIRD FUNDING COCPABS4	07/21/25	07/21/25	07/21/25	MATURITY	299,000,000	0	299,000,000	0	
Starbird Funding CoCPABS4	07/22/25	07/22/25	07/22/25	MATURITY	251,000,000	0	251,000,000	0	
SUMITOMO MITSUI BANCDYAN	07/09/25	07/09/25	07/09/25	MATURITY	110,000,000	0	110,000,000	0	
SUMITOMO MITSUI TRUCDYAN	07/24/25	07/24/25	07/24/25	MATURITY	100,000,000	0	100,000,000	0	
SUMITOMO MITSUI TRUCP4-2	07/02/25	07/02/25	07/02/25	MATURITY	100,000,000	0	100,000,000	0	
TORONTO DOMINION BACP4-2	07/01/25	07/01/25	07/01/25	MATURITY	125,000,000	0	125,000,000	0	
TORONTO DOMINION BACP4-2	07/03/25	07/03/25	07/03/25	MATURITY	200,000,000	0	200,000,000	0	
TOTALENERGIES CAPITCP4-2	07/09/25	07/09/25	07/09/25	MATURITY	45,000,000	0	45,000,000	0	
TOYOTA CREDIT CANADCP	07/23/25	07/23/25	07/23/25	MATURITY	50,000,000	0	50,000,000	0	
TOYOTA CREDIT DE PUCP	07/23/25	07/23/25	07/23/25	MATURITY	50,000,000	0	50,000,000	0	
TOYOTA FINANCE AUSTCP	07/09/25	07/09/25	07/09/25	MATURITY	50,000,000	0	50,000,000	0	
ARIFL 2025-A A1 FIXED COUPON 4.511000 MATU- RITY 20260217	02/17/26	07/15/25	07/15/25	PAYDOWN	2,466,213	0	2,466,213	0	
GALC 2025-1 A1 FIXED COUPON 4.462000 MATU- RITY 20260316	03/16/26	07/15/25	07/15/25	PAYDOWN	1,822,189	0	1,822,189	0	
ABN AMRO BANK N.V.	07/14/25	07/07/25	07/07/25	PURCHASE	1,350,000,000	0	1,350,000,000	0	
ABN AMRO BANK N.V.	07/21/25	07/14/25	07/14/25	PURCHASE	1,350,000,000	0	1,350,000,000	0	
ABN AMRO BANK N.V.	07/28/25	07/21/25	07/21/25	PURCHASE	1,325,000,000	0	1,325,000,000	0	
ABN AMRO BANK N.V.	08/04/25	07/28/25	07/28/25	PURCHASE	1,300,000,000	0	1,300,000,000	0	
ANGLESEA FDG PLC / ANGL 0.0 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FDG PLC / ANGL 0.0 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	25,000,000	0	24,978,854	0	
ANGLESEA FDG PLC / ANGL 0.0 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FDG PLC / ANGL 0.0 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FDG PLC / ANGL 0.0 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	

20	Florida PRIMETM Monthly Summary Report - July 31, 2025

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
ANGLESEA FDG PLC / ANGL 0.0 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FDG PLC / ANGL 0.0 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FDG PLC / ANGL 0.0 29JUL25	07/29/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FDG PLC / ANGL 0.0 29JUL25	07/29/25	07/22/25	07/22/25	PURCHASE	10,000,000	0	9,991,542	0	
ANGLESEA FDG PLC / ANGL 0.0 29JUL25	07/29/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FDG PLC / ANGL 0.0 29JUL25	07/29/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FDG PLC / ANGL 0.0 29JUL25	07/29/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FDG PLC / ANGL 0.0 29JUL25	07/29/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FUNDING LLCPABS4	07/08/25	07/01/25	07/01/25	PURCHASE	25,000,000	0	24,978,854	0	
ANGLESEA FUNDING LLCPABS4	07/08/25	07/01/25	07/01/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FUNDING LLCPABS4	07/08/25	07/01/25	07/01/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FUNDING LLCPABS4	07/09/25	07/02/25	07/02/25	PURCHASE	30,000,000	0	29,974,625	0	
ANGLESEA FUNDING LLCPABS4	07/15/25	07/08/25	07/08/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FUNDING LLCPABS4	07/15/25	07/08/25	07/08/25	PURCHASE	25,000,000	0	24,978,854	0	
ANGLESEA FUNDING LLCPABS4	07/22/25	07/15/25	07/15/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FUNDING LLCPABS4	07/22/25	07/15/25	07/15/25	PURCHASE	50,000,000	0	49,957,708	0	
ANGLESEA FUNDING LLCPABS4	07/22/25	07/15/25	07/15/25	PURCHASE	35,000,000	0	34,970,396	0	
ANGLESEA FUNDING LLCPABS4	07/22/25	07/15/25	07/15/25	PURCHASE	50,000,000	0	49,957,708	0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD.	07/09/25	07/02/25	07/02/25	PURCHASE	1,350,000,000	0	1,350,000,000	0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD.	07/16/25	07/09/25	07/09/25	PURCHASE	1,350,000,000	0	1,350,000,000	0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD.	07/23/25	07/16/25	07/16/25	PURCHASE	1,325,000,000	0	1,325,000,000	0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD.	07/30/25	07/23/25	07/23/25	PURCHASE	1,325,000,000	0	1,325,000,000	0	
AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD.	08/06/25	07/30/25	07/30/25	PURCHASE	1,325,000,000	0	1,325,000,000	0	
BANK AMER N A SHORT TE 4.35 24JUL26	07/24/26	07/25/25	07/25/25	PURCHASE	50,000,000	0	50,000,000	0	
BANK AMER N A SHORT TE 4.35 24JUL26	07/24/26	07/25/25	07/25/25	PURCHASE	50,000,000	0	50,000,000	0	
BANK AMER N A SHORT TE 4.35 24JUL26	07/24/26	07/25/25	07/25/25	PURCHASE	50,000,000	0	50,000,000	0	
BANK OF AMERICA N-ABNOTE	04/10/26	07/16/25	07/16/25	PURCHASE	50,000,000	0	50,000,000	0	
BANK OF AMERICA N-ABNOTE	04/10/26	07/16/25	07/16/25	PURCHASE	50,000,000	0	50,000,000	0	
BANK OF AMERICA TRIPARTY	07/02/25	07/01/25	07/01/25	PURCHASE	1,712,000,000	0	1,712,000,000	0	
BANK OF AMERICA TRIPARTY	07/07/25	07/02/25	07/02/25	PURCHASE	1,900,000,000	0	1,900,000,000	0	
BANK OF AMERICA TRIPARTY	07/08/25	07/07/25	07/07/25	PURCHASE	2,320,000,000	0	2,320,000,000	0	
BANK OF AMERICA TRIPARTY	07/09/25	07/08/25	07/08/25	PURCHASE	2,329,000,000	0	2,329,000,000	0	
BANK OF AMERICA TRIPARTY	07/10/25	07/09/25	07/09/25	PURCHASE	2,140,000,000	0	2,140,000,000	0	
BANK OF AMERICA TRIPARTY	07/11/25	07/10/25	07/10/25	PURCHASE	1,849,000,000	0	1,849,000,000	0	
BANK OF AMERICA TRIPARTY	07/14/25	07/11/25	07/11/25	PURCHASE	2,097,000,000	0	2,097,000,000	0	
BANK OF AMERICA TRIPARTY	07/15/25	07/14/25	07/14/25	PURCHASE	1,837,000,000	0	1,837,000,000	0	
BANK OF AMERICA TRIPARTY	07/16/25	07/15/25	07/15/25	PURCHASE	1,592,000,000	0	1,592,000,000	0	
BANK OF AMERICA TRIPARTY	07/17/25	07/16/25	07/16/25	PURCHASE	2,300,000,000	0	2,300,000,000	0	
BANK OF AMERICA TRIPARTY	07/18/25	07/17/25	07/17/25	PURCHASE	533,000,000	0	533,000,000	0	
BANK OF AMERICA TRIPARTY	07/21/25	07/18/25	07/18/25	PURCHASE	1,838,000,000	0	1,838,000,000	0	
BANK OF AMERICA TRIPARTY	07/22/25	07/21/25	07/21/25	PURCHASE	560,000,000	0	560,000,000	0	
BANK OF AMERICA TRIPARTY	07/23/25	07/22/25	07/22/25	PURCHASE	1,690,000,000	0	1,690,000,000	0	
BANK OF AMERICA TRIPARTY	07/24/25	07/23/25	07/23/25	PURCHASE	1,568,000,000	0	1,568,000,000	0	
BANK OF AMERICA TRIPARTY	07/25/25	07/24/25	07/24/25	PURCHASE	566,000,000	0	566,000,000	0	
BANK OF AMERICA TRIPARTY	07/28/25	07/25/25	07/25/25	PURCHASE	1,916,000,000	0	1,916,000,000	0	
BANK OF AMERICA TRIPARTY	07/29/25	07/28/25	07/28/25	PURCHASE	80,000,000	0	80,000,000	0	
BANK OF AMERICA TRIPARTY	07/30/25	07/29/25	07/29/25	PURCHASE	2,316,000,000	0	2,316,000,000	0	
BANK OF AMERICA TRIPARTY	07/31/25	07/30/25	07/30/25	PURCHASE	325,000,000	0	325,000,000	0	
BANK OF AMERICA TRIPARTY	08/01/25	07/31/25	07/31/25	PURCHASE	467,000,000	0	467,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/02/25	07/01/25	07/01/25	PURCHASE	700,000,000	0	700,000,000	0	

https:// pr ime. sbafla. com	21

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
BANK OF NOVA SCOTIA TRIPARTY	07/07/25	07/02/25	07/02/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/08/25	07/07/25	07/07/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/09/25	07/08/25	07/08/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/10/25	07/09/25	07/09/25	PURCHASE	950,000,000	0	950,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/11/25	07/10/25	07/10/25	PURCHASE	950,000,000	0	950,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/14/25	07/11/25	07/11/25	PURCHASE	950,000,000	0	950,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/15/25	07/14/25	07/14/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/16/25	07/15/25	07/15/25	PURCHASE	900,000,000	0	900,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/17/25	07/16/25	07/16/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/18/25	07/17/25	07/17/25	PURCHASE	500,000,000	0	500,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/21/25	07/18/25	07/18/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/22/25	07/21/25	07/21/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/23/25	07/22/25	07/22/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/24/25	07/23/25	07/23/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/25/25	07/24/25	07/24/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/28/25	07/25/25	07/25/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/29/25	07/28/25	07/28/25	PURCHASE	200,000,000	0	200,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/30/25	07/29/25	07/29/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	07/31/25	07/30/25	07/30/25	PURCHASE	700,000,000	0	700,000,000	0	
BANK OF NOVA SCOTIA TRIPARTY	08/01/25	07/31/25	07/31/25	PURCHASE	700,000,000	0	700,000,000	0	
BEDFORD ROW FUNDINGCPABS4	01/14/26	07/14/25	07/14/25	PURCHASE	47,835,000	0	46,783,693	0	
BEDFORD ROW FUNDINGCPABS4	01/13/26	07/16/25	07/17/25	PURCHASE	50,000,000	0	48,920,000	0	
BENNINGTON STARK C 0.0 06AUG25 144A	08/06/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK C 0.0 06AUG25 144A	08/06/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK C 0.0 06AUG25 144A	08/06/25	07/30/25	07/30/25	PURCHASE	25,000,000	0	24,978,854	0	
BENNINGTON STARK C 0.0 06AUG25 144A	08/06/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK C 0.0 25AUG25 144A	08/25/25	07/25/25	07/25/25	PURCHASE	23,982,000	0	23,891,548	0	
BENNINGTON STARK C 0.0 25AUG25 144A	08/25/25	07/25/25	07/25/25	PURCHASE	50,000,000	0	49,811,417	0	
BENNINGTON STARK C 0.0 30JUL25 144A	07/30/25	07/23/25	07/23/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK C 0.0 30JUL25 144A	07/30/25	07/23/25	07/23/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK C 0.0 30JUL25 144A	07/30/25	07/23/25	07/23/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK C 0.0 30JUL25 144A	07/30/25	07/23/25	07/23/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK C 0.0 30JUL25 144A	07/30/25	07/23/25	07/23/25	PURCHASE	25,000,000	0	24,978,854	0	
BENNINGTON STARK CACPABS4	07/09/25	07/02/25	07/02/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK CACPABS4	07/09/25	07/02/25	07/02/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK CACPABS4	07/09/25	07/02/25	07/02/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK CACPABS4	07/09/25	07/02/25	07/02/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK CACPABS4	07/16/25	07/09/25	07/09/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK CACPABS4	07/16/25	07/09/25	07/09/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK CACPABS4	07/16/25	07/09/25	07/09/25	PURCHASE	25,000,000	0	24,978,854	0	
BENNINGTON STARK CACPABS4	07/16/25	07/09/25	07/09/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK CACPABS4	07/23/25	07/16/25	07/16/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK CACPABS4	07/23/25	07/16/25	07/16/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK CACPABS4	07/23/25	07/16/25	07/16/25	PURCHASE	50,000,000	0	49,957,708	0	
BENNINGTON STARK CACPABS4	07/23/25	07/16/25	07/16/25	PURCHASE	5,000,000	0	4,995,771	0	
CA IMPERIAL BK FLOATING COUPON 4.67000 MATURITY 20260701	07/01/26	07/02/25	07/02/25	PURCHASE	18,000,000	0	18,000,000	0	
CHARIOT FDG LLC DISC CO 0.0 26AUG25	08/26/25	07/24/25	07/24/25	PURCHASE	50,000,000	0	49,799,708	0	
CHESHAM FIN LTD / 0.0 29JUL25 144A	07/29/25	07/21/25	07/22/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FIN LTD / 0.0 29JUL25 144A	07/29/25	07/21/25	07/22/25	PURCHASE	43,000,000	0	42,963,629	0	
CHESHAM FIN LTD / 0.0 29JUL25 144A	07/29/25	07/21/25	07/22/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FIN LTD / 0.0 29JUL25 144A	07/29/25	07/21/25	07/22/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FIN LTD / CHE 0.00 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	

22	Florida PRIMETM Monthly Summary Report - July 31, 2025

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
CHESHAM FIN LTD / CHE 0.00 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FIN LTD / CHE 0.00 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FIN LTD / CHE 0.00 29JUL25	07/29/25	07/21/25	07/22/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FIN LTD / CHE 0.00 29JUL25	07/29/25	07/21/25	07/22/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FIN LTD / CHE 0.00 29JUL25	07/29/25	07/21/25	07/22/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FIN LTD / CHES 0.00 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FIN LTD / CHES 0.00 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	42,000,000	0	41,964,475	0	
CHESHAM FIN LTD / CHES 0.00 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FIN LTD / CHES 0.00 05AUG25	08/05/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/15/25	07/07/25	07/08/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/15/25	07/07/25	07/08/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/15/25	07/07/25	07/08/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/15/25	07/07/25	07/08/25	PURCHASE	35,000,000	0	34,970,396	0	
CHESHAM FINANCE LLCCPABS4	07/15/25	07/07/25	07/08/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/15/25	07/07/25	07/08/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/15/25	07/07/25	07/08/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/22/25	07/14/25	07/15/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/22/25	07/14/25	07/15/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/22/25	07/14/25	07/15/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/22/25	07/14/25	07/15/25	PURCHASE	39,000,000	0	38,967,013	0	
CHESHAM FINANCE LLCCPABS4	07/22/25	07/15/25	07/15/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/22/25	07/15/25	07/15/25	PURCHASE	50,000,000	0	49,957,708	0	
CHESHAM FINANCE LLCCPABS4	07/22/25	07/15/25	07/15/25	PURCHASE	50,000,000	0	49,957,708	0	
CIESCO- LLC CPABS4-CPABS4	07/09/25	07/08/25	07/08/25	PURCHASE	8,200,000	0	8,199,011	0	
COLLAT COMM V FLOATING COUPON 4.66000 MATURITY 20260402	04/02/26	07/08/25	07/08/25	PURCHASE	50,000,000	0	50,000,000	0	
COLLAT COMM V FLOATING COUPON 4.66000 MATURITY 20260402	04/02/26	07/08/25	07/08/25	PURCHASE	35,000,000	0	35,000,000	0	
COLLAT COMM V FLOATING COUPON 4.66000 MATURITY 20260402	04/02/26	07/08/25	07/08/25	PURCHASE	50,000,000	0	50,000,000	0	
CREDIT INDUSTRIEL ET COMMERCIAL- NEW YORK BRANCH	07/18/25	07/17/25	07/17/25	PURCHASE	500,000,000	0	500,000,000	0	
DNB BANK ASA NEW YORK	07/29/25	07/28/25	07/28/25	PURCHASE	600,000,000	0	600,000,000	0	
DREY-GVT CSH-I	08/01/54	07/02/25	07/02/25	PURCHASE	5,378,664	0	5,378,664	0	
DREY-GVT CSH-I	08/01/54	07/03/25	07/03/25	PURCHASE	324,000,000	0	324,000,000	0	
DREY-GVT CSH-I	08/01/54	07/11/25	07/11/25	PURCHASE	2,417,414	0	2,417,414	0	
DREY-GVT CSH-I	08/01/54	07/18/25	07/18/25	PURCHASE	2,757,243	0	2,757,243	0	
DREY-GVT CSH-I	08/01/54	07/22/25	07/22/25	PURCHASE	3,080,158	0	3,080,158	0	
DREY-GVT CSH-I	08/01/54	07/25/25	07/25/25	PURCHASE	2,555,700	0	2,555,700	0	
DREY-GVT CSH-I	08/01/54	07/29/25	07/29/25	PURCHASE	3,608,537	0	3,608,537	0	
DREY-GVT CSH-I	08/01/54	07/31/25	07/31/25	PURCHASE	3,418,206	0	3,418,206	0	
EFF 2025-3 A1 FIXED COUPON 4.551000 MATURITY 20260720	07/20/26	07/15/25	07/23/25	PURCHASE	27,000,000	0	27,000,000	0	
FALCON ASSET FIXED COUPON 4.42000 MATU- RITY 20250821	08/21/25	07/18/25	07/18/25	PURCHASE	50,000,000	0	49,793,639	0	
FALCON ASSET FLOATING COUPON 4.62000 MATURITY 20260220	02/20/26	07/21/25	07/21/25	PURCHASE	50,000,000	0	50,000,000	0	
FALCON ASSET FLOATING COUPON 4.62000 MATURITY 20260220	02/20/26	07/21/25	07/21/25	PURCHASE	35,000,000	0	35,000,000	0	
GREAT BEAR FDG DAC 0.0 04AUG25 144A	08/04/25	07/28/25	07/28/25	PURCHASE	50,000,000	0	49,957,806	0	
GREAT BEAR FDG DAC 0.0 04AUG25 144A	08/04/25	07/28/25	07/28/25	PURCHASE	45,000,000	0	44,962,025	0	
GREAT BEAR FDG DAC 0.0 06AUG25 144A	08/06/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,957,806	0	
GREAT BEAR FDG DAC 0.0 06AUG25 144A	08/06/25	07/30/25	07/30/25	PURCHASE	40,000,000	0	39,966,244	0	
GREAT BEAR FUNDING CPABS4	07/09/25	07/02/25	07/02/25	PURCHASE	25,000,000	0	24,978,903	0	
GREAT BEAR FUNDING CPABS4	07/09/25	07/02/25	07/02/25	PURCHASE	50,000,000	0	49,957,806	0	

https:// pr ime. sbafla. com	23

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
GREAT BEAR FUNDING CPABS4	08/18/25	07/07/25	07/07/25	PURCHASE	35,000,000	0	34,820,742	0	
GREAT BEAR FUNDING CPABS4	07/16/25	07/09/25	07/09/25	PURCHASE	18,000,000	0	17,984,810	0	
GREAT BEAR FUNDING CPABS4	07/16/25	07/09/25	07/09/25	PURCHASE	50,000,000	0	49,957,806	0	
Great Bear Funding CPABS4	07/28/25	07/21/25	07/21/25	PURCHASE	41,000,000	0	40,965,401	0	
Great Bear Funding CPABS4	07/28/25	07/21/25	07/21/25	PURCHASE	50,000,000	0	49,957,806	0	
HSBC TRIPARTY	07/02/25	07/01/25	07/01/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/02/25	07/01/25	07/01/25	PURCHASE	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/07/25	07/02/25	07/02/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/07/25	07/02/25	07/02/25	PURCHASE	1,200,000,000	0	1,200,000,000	0	
HSBC TRIPARTY	07/08/25	07/07/25	07/07/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/08/25	07/07/25	07/07/25	PURCHASE	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/09/25	07/08/25	07/08/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/09/25	07/08/25	07/08/25	PURCHASE	600,000,000	0	600,000,000	0	
HSBC TRIPARTY	07/10/25	07/09/25	07/09/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/10/25	07/09/25	07/09/25	PURCHASE	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/11/25	07/10/25	07/10/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/11/25	07/10/25	07/10/25	PURCHASE	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/14/25	07/11/25	07/11/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/14/25	07/11/25	07/11/25	PURCHASE	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/15/25	07/14/25	07/14/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/15/25	07/14/25	07/14/25	PURCHASE	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/16/25	07/15/25	07/15/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/16/25	07/15/25	07/15/25	PURCHASE	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/16/25	07/15/25	07/15/25	PURCHASE	600,000,000	0	600,000,000	0	
HSBC TRIPARTY	07/17/25	07/16/25	07/16/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/17/25	07/16/25	07/16/25	PURCHASE	900,000,000	0	900,000,000	0	
HSBC TRIPARTY	07/18/25	07/17/25	07/17/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/18/25	07/17/25	07/17/25	PURCHASE	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/21/25	07/18/25	07/18/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/21/25	07/18/25	07/18/25	PURCHASE	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/22/25	07/21/25	07/21/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/22/25	07/21/25	07/21/25	PURCHASE	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/23/25	07/22/25	07/22/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/23/25	07/22/25	07/22/25	PURCHASE	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/24/25	07/23/25	07/23/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/24/25	07/23/25	07/23/25	PURCHASE	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/25/25	07/24/25	07/24/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/25/25	07/24/25	07/24/25	PURCHASE	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/28/25	07/25/25	07/25/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/28/25	07/25/25	07/25/25	PURCHASE	800,000,000	0	800,000,000	0	
HSBC TRIPARTY	07/29/25	07/28/25	07/28/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/29/25	07/28/25	07/28/25	PURCHASE	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	07/30/25	07/29/25	07/29/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/30/25	07/29/25	07/29/25	PURCHASE	600,000,000	0	600,000,000	0	
HSBC TRIPARTY	07/31/25	07/30/25	07/30/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	07/31/25	07/30/25	07/30/25	PURCHASE	300,000,000	0	300,000,000	0	
HSBC TRIPARTY	08/01/25	07/31/25	07/31/25	PURCHASE	100,000,000	0	100,000,000	0	
HSBC TRIPARTY	08/01/25	07/31/25	07/31/25	PURCHASE	300,000,000	0	300,000,000	0	
LION BAY FDG DAC D 0.0 01AUG25 144A	08/01/25	07/31/25	07/31/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FDG DAC D 0.0 01AUG25 144A	08/01/25	07/31/25	07/31/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FDG DAC D 0.0 01AUG25 144A	08/01/25	07/31/25	07/31/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FDG DAC D 0.0 01AUG25 144A	08/01/25	07/31/25	07/31/25	PURCHASE	10,000,000	0	9,998,797	0	
LION BAY FDG DAC D 0.0 24JUL25 144A	07/24/25	07/23/25	07/23/25	PURCHASE	27,000,000	0	26,996,752	0	

24	Florida PRIMETM Monthly Summary Report - July 31, 2025

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
LION BAY FDG DAC D 0.0 24JUL25 144A	07/24/25	07/23/25	07/23/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FDG DAC D 0.0 24JUL25 144A	07/24/25	07/23/25	07/23/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FDG DAC D 0.0 29JUL25 144A	07/29/25	07/28/25	07/28/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FDG DAC D 0.0 29JUL25 144A	07/29/25	07/28/25	07/28/25	PURCHASE	21,000,000	0	20,997,474	0	
LION BAY FDG DAC D 0.0 29JUL25 144A	07/29/25	07/28/25	07/28/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FDG DAC D 0.0 30JUL25 144A	07/30/25	07/29/25	07/29/25	PURCHASE	41,000,000	0	40,995,069	0	
LION BAY FDG DAC DISC C 0.0 28JUL25	07/28/25	07/25/25	07/25/25	PURCHASE	50,000,000	0	49,981,958	0	
LION BAY FDG DAC DISC C 0.0 28JUL25	07/28/25	07/25/25	07/25/25	PURCHASE	40,000,000	0	39,985,567	0	
LION BAY FDG DAC DISC C 0.0 31JUL25	07/31/25	07/30/25	07/30/25	PURCHASE	40,000,000	0	39,995,189	0	
LION BAY FUNDING LLCPABS4	07/02/25	07/01/25	07/01/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FUNDING LLCPABS4	07/02/25	07/01/25	07/01/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FUNDING LLCPABS4	07/02/25	07/01/25	07/01/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FUNDING LLCPABS4	07/02/25	07/01/25	07/01/25	PURCHASE	4,500,000	0	4,499,459	0	
LION BAY FUNDING LLCPABS4	07/02/25	07/01/25	07/01/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FUNDING LLCPABS4	07/09/25	07/08/25	07/08/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FUNDING LLCPABS4	07/09/25	07/08/25	07/08/25	PURCHASE	46,000,000	0	45,994,467	0	
LION BAY FUNDING LLCPABS4	07/14/25	07/11/25	07/11/25	PURCHASE	50,000,000	0	49,981,958	0	
LION BAY FUNDING LLCPABS4	07/14/25	07/11/25	07/11/25	PURCHASE	20,000,000	0	19,992,783	0	
LION BAY FUNDING LLCPABS4	07/15/25	07/14/25	07/14/25	PURCHASE	31,000,000	0	30,996,271	0	
LION BAY FUNDING LLCPABS4	07/15/25	07/14/25	07/14/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FUNDING LLCPABS4	07/15/25	07/14/25	07/14/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FUNDING LLCPABS4	07/16/25	07/15/25	07/15/25	PURCHASE	35,000,000	0	34,995,790	0	
LION BAY FUNDING LLCPABS4	07/16/25	07/15/25	07/15/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FUNDING LLCPABS4	07/16/25	07/15/25	07/15/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FUNDING LLCPABS4	07/17/25	07/16/25	07/16/25	PURCHASE	10,000,000	0	9,998,797	0	
LION BAY FUNDING LLCPABS4	07/17/25	07/16/25	07/16/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FUNDING LLCPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	50,000,000	0	49,993,986	0	
LION BAY FUNDING LLCPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	45,000,000	0	44,994,588	0	
LION BAY FUNDING LLCPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	36,000,000	0	35,987,010	0	
LION BAY FUNDING LLCPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	50,000,000	0	49,981,958	0	
Lion Bay Funding LLCPABS4	07/22/25	07/21/25	07/21/25	PURCHASE	15,000,000	0	14,998,196	0	
LMA S A / LMA AMERS LLC 0.0 22AUG25	08/22/25	07/25/25	07/25/25	PURCHASE	150,000	0	149,488	0	
LMA S A / LMA AMERS LLC 0.0 22AUG25	08/22/25	07/25/25	07/25/25	PURCHASE	50,000,000	0	49,829,278	0	
LONGSHIP FDG DAC / 0.0 24SEP25 144A	09/24/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,658,556	0	
LONGSHIP FDG DAC / 0.0 24SEP25 144A	09/24/25	07/30/25	07/30/25	PURCHASE	25,000,000	0	24,829,278	0	
LONGSHIP FDG DAC / 0.0 24SEP25 144A	09/24/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,658,556	0	
LONGSHIP FDG DAC / 0.0 24SEP25 144A	09/24/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,658,556	0	
MATCHPOINT FIN PLC SER 0.0 01AUG25	08/01/25	07/31/25	07/31/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 01AUG25	08/01/25	07/31/25	07/31/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 01AUG25	08/01/25	07/31/25	07/31/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 01AUG25	08/01/25	07/31/25	07/31/25	PURCHASE	30,000,000	0	29,996,392	0	
MATCHPOINT FIN PLC SER 0.0 23JUL25	07/23/25	07/22/25	07/22/25	PURCHASE	18,000,000	0	17,997,835	0	
MATCHPOINT FIN PLC SER 0.0 23JUL25	07/23/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 23JUL25	07/23/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 23JUL25	07/23/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 24JUL25	07/24/25	07/23/25	07/23/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 24JUL25	07/24/25	07/23/25	07/23/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 24JUL25	07/24/25	07/23/25	07/23/25	PURCHASE	19,000,000	0	18,997,715	0	
MATCHPOINT FIN PLC SER 0.0 25JUL25	07/25/25	07/24/25	07/24/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 25JUL25	07/25/25	07/24/25	07/24/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 25JUL25	07/25/25	07/24/25	07/24/25	PURCHASE	44,000,000	0	43,994,708	0	
MATCHPOINT FIN PLC SER 0.0 25JUL25	07/25/25	07/24/25	07/24/25	PURCHASE	4,000,000	0	3,999,519	0	
MATCHPOINT FIN PLC SER 0.0 28JUL25	07/28/25	07/25/25	07/25/25	PURCHASE	50,000,000	0	49,981,958	0	

https:// pr ime. sbafla. com	25

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
MATCHPOINT FIN PLC SER 0.0 28JUL25	07/28/25	07/25/25	07/25/25	PURCHASE	50,000,000	0	49,981,958	0	
MATCHPOINT FIN PLC SER 0.0 28JUL25	07/28/25	07/25/25	07/25/25	PURCHASE	48,000,000	0	47,982,680	0	
MATCHPOINT FIN PLC SER 0.0 29JUL25	07/29/25	07/28/25	07/28/25	PURCHASE	49,000,000	0	48,994,106	0	
MATCHPOINT FIN PLC SER 0.0 29JUL25	07/29/25	07/28/25	07/28/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 29JUL25	07/29/25	07/28/25	07/28/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 30JUL25	07/30/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 30JUL25	07/30/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 30JUL25	07/30/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 31JUL25	07/31/25	07/24/25	07/24/25	PURCHASE	50,000,000	0	49,957,806	0	
MATCHPOINT FIN PLC SER 0.0 31JUL25	07/31/25	07/24/25	07/24/25	PURCHASE	20,000,000	0	19,983,122	0	
MATCHPOINT FIN PLC SER 0.0 31JUL25	07/31/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FIN PLC SER 0.0 31JUL25	07/31/25	07/30/25	07/30/25	PURCHASE	33,000,000	0	32,996,031	0	
MATCHPOINT FIN PLC SER 0.0 31JUL25	07/31/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/02/25	07/01/25	07/01/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/02/25	07/01/25	07/01/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/02/25	07/01/25	07/01/25	PURCHASE	33,000,000	0	32,996,031	0	
MATCHPOINT FINANCE CPABS4	07/07/25	07/02/25	07/02/25	PURCHASE	28,000,000	0	27,983,161	0	
MATCHPOINT FINANCE CPABS4	07/07/25	07/02/25	07/02/25	PURCHASE	50,000,000	0	49,969,931	0	
MATCHPOINT FINANCE CPABS4	07/07/25	07/02/25	07/02/25	PURCHASE	50,000,000	0	49,969,931	0	
MATCHPOINT FINANCE CPABS4	07/08/25	07/07/25	07/07/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/08/25	07/07/25	07/07/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/08/25	07/07/25	07/07/25	PURCHASE	31,000,000	0	30,996,271	0	
MATCHPOINT FINANCE CPABS4	07/09/25	07/08/25	07/08/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/09/25	07/08/25	07/08/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/09/25	07/08/25	07/08/25	PURCHASE	28,000,000	0	27,996,632	0	
MATCHPOINT FINANCE CPABS4	07/10/25	07/09/25	07/09/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/10/25	07/09/25	07/09/25	PURCHASE	28,000,000	0	27,996,632	0	
MATCHPOINT FINANCE CPABS4	07/10/25	07/09/25	07/09/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/11/25	07/10/25	07/10/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/11/25	07/10/25	07/10/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/11/25	07/10/25	07/10/25	PURCHASE	28,000,000	0	27,996,632	0	
MATCHPOINT FINANCE CPABS4	07/14/25	07/11/25	07/11/25	PURCHASE	50,000,000	0	49,981,958	0	
MATCHPOINT FINANCE CPABS4	07/14/25	07/11/25	07/11/25	PURCHASE	28,000,000	0	27,989,897	0	
MATCHPOINT FINANCE CPABS4	07/14/25	07/11/25	07/11/25	PURCHASE	50,000,000	0	49,981,958	0	
MATCHPOINT FINANCE CPABS4	07/15/25	07/14/25	07/14/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/15/25	07/14/25	07/14/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/15/25	07/14/25	07/14/25	PURCHASE	44,000,000	0	43,994,708	0	
MATCHPOINT FINANCE CPABS4	07/16/25	07/15/25	07/15/25	PURCHASE	40,000,000	0	39,995,189	0	
MATCHPOINT FINANCE CPABS4	07/16/25	07/15/25	07/15/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/16/25	07/15/25	07/15/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/17/25	07/16/25	07/16/25	PURCHASE	46,000,000	0	45,994,467	0	
MATCHPOINT FINANCE CPABS4	07/17/25	07/16/25	07/16/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/17/25	07/16/25	07/16/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	50,000,000	0	49,993,986	0	
MATCHPOINT FINANCE CPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	8,000,000	0	7,999,038	0	
MATCHPOINT FINANCE CPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	10,000,000	0	9,996,392	0	
MATCHPOINT FINANCE CPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	50,000,000	0	49,981,958	0	
MATCHPOINT FINANCE CPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	50,000,000	0	49,981,958	0	
MATCHPOINT FINANCE CPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	50,000,000	0	49,981,958	0	

26	Florida PRIMETM Monthly Summary Report - July 31, 2025

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
Matchpoint Finance CPABS4	07/22/25	07/21/25	07/21/25	PURCHASE	50,000,000	0	49,993,986	0	
Matchpoint Finance CPABS4	07/22/25	07/21/25	07/21/25	PURCHASE	50,000,000	0	49,993,986	0	
Matchpoint Finance CPABS4	07/22/25	07/21/25	07/21/25	PURCHASE	50,000,000	0	49,993,986	0	
Matchpoint Finance CPABS4	07/22/25	07/21/25	07/21/25	PURCHASE	20,000,000	0	19,997,594	0	
MIZUHO BANK LTD- CDCDYAN	10/21/25	07/11/25	07/11/25	PURCHASE	50,000,000	0	50,000,000	0	
MIZUHO BANK LTD- CDCDYAN	10/21/25	07/11/25	07/11/25	PURCHASE	50,000,000	0	50,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/10/25	07/09/25	07/09/25	PURCHASE	425,000,000	0	425,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/11/25	07/10/25	07/10/25	PURCHASE	675,000,000	0	675,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/14/25	07/11/25	07/11/25	PURCHASE	500,000,000	0	500,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/15/25	07/14/25	07/14/25	PURCHASE	1,230,000,000	0	1,230,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/18/25	07/17/25	07/17/25	PURCHASE	1,215,000,000	0	1,215,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/21/25	07/18/25	07/18/25	PURCHASE	935,000,000	0	935,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/22/25	07/21/25	07/21/25	PURCHASE	1,210,000,000	0	1,210,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/23/25	07/22/25	07/22/25	PURCHASE	1,210,000,000	0	1,210,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/24/25	07/23/25	07/23/25	PURCHASE	1,210,000,000	0	1,210,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/25/25	07/24/25	07/24/25	PURCHASE	1,200,000,000	0	1,200,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/29/25	07/28/25	07/28/25	PURCHASE	1,195,000,000	0	1,195,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	07/31/25	07/30/25	07/30/25	PURCHASE	1,205,000,000	0	1,205,000,000	0	
MIZUHO BANK- LTD.- CANADA BRANCH	08/01/25	07/31/25	07/31/25	PURCHASE	1,200,000,000	0	1,200,000,000	0	
MIZUHO TRIPARTY	07/02/25	07/01/25	07/01/25	PURCHASE	100,000,000	0	100,000,000	0	
MIZUHO TRIPARTY	07/08/25	07/07/25	07/07/25	PURCHASE	100,000,000	0	100,000,000	0	
MIZUHO TRIPARTY	07/09/25	07/08/25	07/08/25	PURCHASE	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/10/25	07/09/25	07/09/25	PURCHASE	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/11/25	07/10/25	07/10/25	PURCHASE	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/14/25	07/11/25	07/11/25	PURCHASE	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/15/25	07/14/25	07/14/25	PURCHASE	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/16/25	07/15/25	07/15/25	PURCHASE	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/17/25	07/16/25	07/16/25	PURCHASE	600,000,000	0	600,000,000	0	
MIZUHO TRIPARTY	07/18/25	07/17/25	07/17/25	PURCHASE	200,000,000	0	200,000,000	0	
MIZUHO TRIPARTY	07/21/25	07/18/25	07/18/25	PURCHASE	450,000,000	0	450,000,000	0	
MIZUHO TRIPARTY	07/22/25	07/21/25	07/21/25	PURCHASE	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/23/25	07/22/25	07/22/25	PURCHASE	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/24/25	07/23/25	07/23/25	PURCHASE	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/25/25	07/24/25	07/24/25	PURCHASE	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/28/25	07/25/25	07/25/25	PURCHASE	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/29/25	07/28/25	07/28/25	PURCHASE	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/30/25	07/29/25	07/29/25	PURCHASE	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	07/31/25	07/30/25	07/30/25	PURCHASE	400,000,000	0	400,000,000	0	
MIZUHO TRIPARTY	08/01/25	07/31/25	07/31/25	PURCHASE	400,000,000	0	400,000,000	0	
MUFG BANK LTD- CPCP	10/14/25	07/14/25	07/14/25	PURCHASE	10,000,000	0	9,887,556	0	
NORDEA BANK ABP	07/11/25	07/10/25	07/10/25	PURCHASE	300,000,000	0	300,000,000	0	
NORDEA BANK ABP	07/18/25	07/17/25	07/17/25	PURCHASE	1,035,000,000	0	1,035,000,000	0	
NORDEA BANK ABP	07/22/25	07/21/25	07/21/25	PURCHASE	1,110,000,000	0	1,110,000,000	0	
NORDEA BANK ABP	07/25/25	07/24/25	07/24/25	PURCHASE	780,000,000	0	780,000,000	0	
NORDEA BANK ABP	07/29/25	07/28/25	07/28/25	PURCHASE	1,060,000,000	0	1,060,000,000	0	
NORDEA BANK ABP	07/31/25	07/30/25	07/30/25	PURCHASE	930,000,000	0	930,000,000	0	
NORDEA BANK ABP	08/01/25	07/31/25	07/31/25	PURCHASE	925,000,000	0	925,000,000	0	
PARK AVE COLL FLOATING COUPON 4.66000 MATURITY 20260424	04/24/26	07/29/25	07/29/25	PURCHASE	50,000,000	0	50,000,000	0	
PARK AVE COLL FLOATING COUPON 4.66000 MATURITY 20260424	04/24/26	07/29/25	07/29/25	PURCHASE	50,000,000	0	50,000,000	0	
PARK AVE COLL FLOATING COUPON 4.66000 MATURITY 20260424	04/24/26	07/29/25	07/29/25	PURCHASE	50,000,000	0	50,000,000	0	

https:// pr ime. sbafla. com	27

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
PARK AVE COLL FLOATING COUPON 4.66000 MATURITY 20260424	04/24/26	07/29/25	07/29/25	PURCHASE	50,000,000	0	50,000,000	0	
PARK AVE COLL FLOATING COUPON 4.66000 MATURITY 20260424	04/24/26	07/29/25	07/29/25	PURCHASE	28,000,000	0	28,000,000	0	
PODIUM FDG TR DISC COM 0.00 27JAN26	01/27/26	07/29/25	07/30/25	PURCHASE	21,000,000	0	20,543,880	0	
Podium Funding TrusCPABS3	04/17/26	07/21/25	07/21/25	PURCHASE	5,000,000	0	4,840,250	0	
RABOBANK NEW YORK	07/08/25	07/01/25	07/01/25	PURCHASE	680,000,000	0	680,000,000	0	
RABOBANK NEW YORK	07/09/25	07/02/25	07/02/25	PURCHASE	690,000,000	0	690,000,000	0	
RABOBANK NEW YORK	07/15/25	07/08/25	07/08/25	PURCHASE	670,000,000	0	670,000,000	0	
RABOBANK NEW YORK	07/16/25	07/09/25	07/09/25	PURCHASE	690,000,000	0	690,000,000	0	
RABOBANK NEW YORK	07/22/25	07/15/25	07/15/25	PURCHASE	650,000,000	0	650,000,000	0	
RABOBANK NEW YORK	07/23/25	07/16/25	07/16/25	PURCHASE	690,000,000	0	690,000,000	0	
RABOBANK NEW YORK	07/29/25	07/22/25	07/22/25	PURCHASE	630,000,000	0	630,000,000	0	
RABOBANK NEW YORK	07/30/25	07/23/25	07/23/25	PURCHASE	700,000,000	0	700,000,000	0	
RABOBANK NEW YORK	08/05/25	07/29/25	07/29/25	PURCHASE	620,000,000	0	620,000,000	0	
RABOBANK NEW YORK	08/06/25	07/30/25	07/30/25	PURCHASE	700,000,000	0	700,000,000	0	
SALISBURY RECEIVABLES C 0.0 04NOV25	11/04/25	07/31/25	07/31/25	PURCHASE	50,000,000	0	49,413,334	0	
SALISBURY RECEIVABLES C 0.0 04NOV25	11/04/25	07/31/25	07/31/25	PURCHASE	49,500,000	0	48,919,201	0	
STARBIRD FDG CORP DISC 0.0 23JUL25	07/23/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 23JUL25	07/23/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 23JUL25	07/23/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 23JUL25	07/23/25	07/22/25	07/22/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 25JUL25	07/25/25	07/24/25	07/24/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 25JUL25	07/25/25	07/24/25	07/24/25	PURCHASE	25,000,000	0	24,996,993	0	
STARBIRD FDG CORP DISC 0.0 25JUL25	07/25/25	07/24/25	07/24/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 25JUL25	07/25/25	07/24/25	07/24/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 25JUL25	07/25/25	07/24/25	07/24/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 25JUL25	07/25/25	07/24/25	07/24/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 28JUL25	07/28/25	07/25/25	07/25/25	PURCHASE	50,000,000	0	49,981,958	0	
STARBIRD FDG CORP DISC 0.0 28JUL25	07/28/25	07/25/25	07/25/25	PURCHASE	50,000,000	0	49,981,958	0	
STARBIRD FDG CORP DISC 0.0 28JUL25	07/28/25	07/25/25	07/25/25	PURCHASE	50,000,000	0	49,981,958	0	
STARBIRD FDG CORP DISC 0.0 28JUL25	07/28/25	07/25/25	07/25/25	PURCHASE	35,000,000	0	34,987,371	0	
STARBIRD FDG CORP DISC 0.0 29JUL25	07/29/25	07/28/25	07/28/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 29JUL25	07/29/25	07/28/25	07/28/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 29JUL25	07/29/25	07/28/25	07/28/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 29JUL25	07/29/25	07/28/25	07/28/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 29JUL25	07/29/25	07/28/25	07/28/25	PURCHASE	25,000,000	0	24,996,993	0	
STARBIRD FDG CORP DISC 0.0 30JUL25	07/30/25	07/23/25	07/23/25	PURCHASE	25,000,000	0	24,978,903	0	
STARBIRD FDG CORP DISC 0.0 30JUL25	07/30/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 30JUL25	07/30/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 30JUL25	07/30/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 30JUL25	07/30/25	07/29/25	07/29/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 30JUL25	07/30/25	07/29/25	07/29/25	PURCHASE	20,000,000	0	19,997,594	0	
STARBIRD FDG CORP DISC 0.0 31JUL25	07/31/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 31JUL25	07/31/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 31JUL25	07/31/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 31JUL25	07/31/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FDG CORP DISC 0.0 31JUL25	07/31/25	07/30/25	07/30/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/02/25	07/01/25	07/01/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/02/25	07/01/25	07/01/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/07/25	07/02/25	07/02/25	PURCHASE	50,000,000	0	49,969,931	0	
STARBIRD FUNDING COCPABS4	07/07/25	07/02/25	07/02/25	PURCHASE	50,000,000	0	49,969,931	0	
STARBIRD FUNDING COCPABS4	07/07/25	07/02/25	07/02/25	PURCHASE	50,000,000	0	49,969,931	0	
STARBIRD FUNDING COCPABS4	07/07/25	07/02/25	07/02/25	PURCHASE	50,000,000	0	49,969,931	0	

28	Florida PRIMETM Monthly Summary Report - July 31, 2025

TRADING ACTIVITY FOR JULY 2025

Maturity
Description	Date	Trade
Date	settlement
Date	Transaction	Quantity	Traded
Interest	Net Amount	Realized
Gain/Loss	
STARBIRD FUNDING COCPABS4	07/08/25	07/07/25	07/07/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/08/25	07/07/25	07/07/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/08/25	07/07/25	07/07/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/08/25	07/07/25	07/07/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/08/25	07/07/25	07/07/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/09/25	07/08/25	07/08/25	PURCHASE	31,000,000	0	30,996,271	0	
STARBIRD FUNDING COCPABS4	07/14/25	07/11/25	07/11/25	PURCHASE	25,000,000	0	24,990,979	0	
STARBIRD FUNDING COCPABS4	07/15/25	07/14/25	07/14/25	PURCHASE	13,000,000	0	12,998,436	0	
STARBIRD FUNDING COCPABS4	07/15/25	07/14/25	07/14/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/15/25	07/14/25	07/14/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/15/25	07/14/25	07/14/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/16/25	07/15/25	07/15/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/16/25	07/15/25	07/15/25	PURCHASE	41,000,000	0	40,995,069	0	
STARBIRD FUNDING COCPABS4	07/17/25	07/16/25	07/16/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/17/25	07/16/25	07/16/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/17/25	07/16/25	07/16/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/17/25	07/16/25	07/16/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/17/25	07/16/25	07/16/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/17/25	07/16/25	07/16/25	PURCHASE	10,000,000	0	9,998,797	0	
STARBIRD FUNDING COCPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	35,000,000	0	34,995,790	0	
STARBIRD FUNDING COCPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/18/25	07/17/25	07/17/25	PURCHASE	50,000,000	0	49,993,986	0	
STARBIRD FUNDING COCPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	50,000,000	0	49,981,958	0	
STARBIRD FUNDING COCPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	49,000,000	0	48,982,319	0	
STARBIRD FUNDING COCPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	50,000,000	0	49,981,958	0	
STARBIRD FUNDING COCPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	50,000,000	0	49,981,958	0	
STARBIRD FUNDING COCPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	50,000,000	0	49,981,958	0	
STARBIRD FUNDING COCPABS4	07/21/25	07/18/25	07/18/25	PURCHASE	50,000,000	0	49,981,958	0	
Starbird Funding CoCPABS4	07/22/25	07/21/25	07/21/25	PURCHASE	50,000,000	0	49,993,986	0	
Starbird Funding CoCPABS4	07/22/25	07/21/25	07/21/25	PURCHASE	50,000,000	0	49,993,986	0	
Starbird Funding CoCPABS4	07/22/25	07/21/25	07/21/25	PURCHASE	1,000,000	0	999,880	0	
Starbird Funding CoCPABS4	07/22/25	07/21/25	07/21/25	PURCHASE	50,000,000	0	49,993,986	0	
Starbird Funding CoCPABS4	07/22/25	07/21/25	07/21/25	PURCHASE	50,000,000	0	49,993,986	0	
Starbird Funding CoCPABS4	07/22/25	07/21/25	07/21/25	PURCHASE	50,000,000	0	49,993,986	0	
THUNDER BAY FD L FLOATING COUPON 4.60000 MATURITY 20260420	04/20/26	07/14/25	07/14/25	PURCHASE	50,000,000	0	50,000,000	0	
TOYOTA CR DE PUERTO RIC 0.0 14APR26	04/14/26	07/22/25	07/23/25	PURCHASE	42,500,000	0	41,135,986	0	
WLAKE 2025-2A A1 FIXED COUPON 4.642000 MATURITY 20260715	07/15/26	07/11/25	07/17/25	PURCHASE	54,000,000	0	54,000,000	0	
DREY-GVT CSH-I	08/01/54	07/07/25	07/07/25	SELL	320,953,744	0	320,953,744	0	
DREY-GVT CSH-I	08/01/54	07/08/25	07/08/25	SELL	8,424,920	0	8,424,920	0	
DREY-GVT CSH-I	08/01/54	07/14/25	07/14/25	SELL	2,417,414	0	2,417,414	0	
DREY-GVT CSH-I	08/01/54	07/21/25	07/21/25	SELL	2,757,243	0	2,757,243	0	
DREY-GVT CSH-I	08/01/54	07/23/25	07/23/25	SELL	3,080,158	0	3,080,158	0	
DREY-GVT CSH-I	08/01/54	07/28/25	07/28/25	SELL	2,555,700	0	2,555,700	0	
DREY-GVT CSH-I	08/01/54	07/30/25	07/30/25	SELL	3,608,537	0	3,608,537	0	
						0	247,416,947,715	0	

https:// pr ime. sbafla. com	29

Our Mission

Section D

Section 1

ARV #	Size of FM	Utility Repair Experts		RCM Utilities	
	2	4"	$	7,694.00	$	7,101.33	
	3	4"	$	7,694.00	$	7,101.33	
	11	2.5"	$	7,000.00	$	9,358.00	
	12	3"	$	7,014.00	$	9,358.00	
	13	4"	$	7,694.00	$	7,101.33	
	16	6"	$	7,781.00	$	8,876.00	
	17	10"	$	7,800.00	$	9,104.00	

RCM Total (# 2,3,13, & 16)		
$	
30,180.00	
Utility Repair experts (# 11, 12, & 17)		$	21,814.00	
Total				$	51,994.00	

RCM Utilities, LLC 1451 Pine Grove Road Eustis, FL 32726
352-561-2990
billing@rcmutilities.com

Estimate 32078646
Estimate Date 8/14/2025

Billing Address
Bella Collina CDD
6200 Lee Vista Boulevard, 300 Orlando , FL 32822 USA

Description of work

Job Address
Bella Collina ARVs
6200 Lee Vista Boulevard Orlando, FL 32822 USA

RCM Utilities to supply all labor, materials, and equipment for the following scope of work:
-Locate and excavate the force main at the following (7) addresses:
16821/16817 Bolsena Dr 17300 Pesce Loop
16744 Bolsena Dr
16901 Bolsena Dr Cortona Way
WWTF Influent header 15614 Pendio Dr
-Force main to be excavated +/- 5' in each direction of the ARV installation to verify elevation.
-Install new ARVs via wet tap, per the provided plans.
-Site restoration to include backfilling and compacting only, no sodding, seeding and or paver reinstallation if necessary.

Service #	Description	Quantity	Your Price	Total	

Service:Service Work	Installation of ARV on 2.5" force main:
-ARV #11 17300 Pesce Loop	1.00	$9,358.00	$9,358.00	
Service:Service Work	Installation of ARV on 3" force main:
-ARV #12 16744 Bolsena Dr	1.00	$9,358.00	$9,358.00	
Service:Service Work	Installation of ARVs of 4" force main:
-ARV #2 15641 Pendio Dr
-ARV #3 16901 Bolsena Dr
-ARV #13 16821 Bolsena Dr	1.00	$21,304.00	$21,304.00	
Service:Service Work	Installation of ARV on 6" force main:
-ARV #16 Cortona Way	1.00	$8,876.00	$8,876.00	
Service:Service Work	Installation of ARV of 10" force main:
-ARV #14 WWTF Influent Header	1.00	$9,104.00	$9,104.00	
Sub-Total	$58,000.00		
Tax	$0.00		
Total Due	$58,000.00		
Deposit/Downpayment	$0.00		
Payment is due within 30 days of the date of invoice. Thereafter, monthly finance charges of 1.5% or the maximum allowed by law, whichever is less, will be assessed on unpaid amounts.

**ESTIMATE IS VALID FOR 30 DAYS**
**ESTIMATE INCLUDES ALL APPLICABLE SALES TAXES.**
- DUE TO CURRENT MARKET CONDITIONS MATERIAL PRICING IS SUBJECT TO CHANGE. RCM HOLDS THE RIGHT TO REPRICE BASED ON DATE OF ORDER. DATE OF ORDER IS WHEN ALL STAMPED PLANS AND SUBMITTALS ARE RETURNED, NOT THE RELEASE OF PURCHASE ORDER OR SUB CONTRACT.
Force Majeure. Neither party shall be liable in damages nor have the right to terminate this Contract for any delay or default in

performing hereunder if such delay or default is caused by conditions beyond their control including, but not limited to natural disasters, including but not limited to ground subsidence or upheaval, acts of God, Government restrictions (including the denial or cancellation of any permits, tax incentive, or other license or approvals), covid-19, labor shortage, material delays, wars, insurrections and/or any other cause beyond the reasonable control of the party whose performance is affected. Furthermore, neither party shall be liable for any failure or delay in performance under this Contract to the extent said failures or delays are proximately caused by those causes beyond that party's reasonable control and occurring without its fault or negligence, including, without limitation, failure of suppliers, subcontractors, and carriers, or any other party to substantially meet its performance obligations under this Contract. The party experiencing the difficulty shall give the other prompt written notice, with details following the occurrence of the cause relied upon. Dates by which performance obligations are scheduled to be met will be extended for a period equal to the time lost due to any delay so caused. Contractor’s failure to perform any term or condition of this Contract because of conditions beyond its control mentioned herein or other conditions that cause delay, damage, or destruction of its work by others shall not be deemed a breach of this Contract.
Material Escalation. The Contract Price for this Project has been calculated based on the current prices for the component building materials. However, the market for these building materials is considered volatile and sudden price increases could occur. Contractor agrees to use its best efforts to obtain the lowest possible prices from available building material suppliers but should there be an increase in the prices of these materials that are purchased after execution of this Contract for use in this Project, then Owner or General Contractor agrees and shall pay the substantiated cost increase to Contractor. Any request or change order for payment of a cost increase shall state the increased cost, the building materials in question, and the source of supply, supported by invoices or bills of sale.
This proposal is an offer to enter into a contract, with the mutual promises contained herein constituting valuable and sufficient consideration. The execution of this proposal by the owner listed above (the “Owner”) shall constitute acceptance of the offer and formation of contract (the “Contract”) between the Owner (the “Owner”) and RCM Utilities, LLC. The terms set forth herein, including those after the acceptance signature below and/or on subsequent pages, shall govern the Contract.
Warranty. The Contractor warrants all supplied materials and workmanship to be free of defects for a period of one year after installation. The Contractor warrants that materials and equipment furnished under the Contract will be new and good quality.
Payment. The Contractor will invoice the Owner in accordance with the schedule set forth above or, if no terms are set forth above, monthly for work performed during each calendar month. The Owner agrees that there shall be no retainage except as set forth in the schedule above. Payment is due within 30 days of the date of invoice. Thereafter, monthly finance charges of 1.5% or the maximum allowed by law, whichever is less, will be assessed on unpaid amounts.
Time. The Contractor shall achieve substantial completion of the work within a commercially reasonable time. At the Owner’s request, the Contractor shall submit for information a construction schedule for the work, and the Contactor shall revise the schedule at appropriate intervals as required by the conditions of the work. Schedule information set forth above are estimates. The Contractor shall not be responsible for delays caused by circumstances outside the control of the Contractor.
Permits and Approvals. The Contractor shall secure and pay for the building permits, fees, licenses and inspections by government agencies necessary for proper execution and completion of the work. This responsibility is limited to building permits and, for the avoidance of doubt, does not extend to land use approvals, environmental permits, consumptive use permits, or other governmental approvals outside of building permits.
Contract Documents. Except as otherwise provided herein, the Owner shall furnish, at its expense, all necessary surveys, plans, drawings, approvals, easements, assignments, and changes required for the construction and use of the improvements. The Owner warrants the information, plans and specifications provided to the Contractor. The Contractor shall be entitled to rely on the plans and drawings supplied by the Owner; the Contractor warrants only that the work will conform to the design documents and shall have no responsibility or obligation arising out of design defects. The Contractor’s warranties contained in this Contract exclude remedy for damage or defect caused by abuse, alterations to the work not executed by the Contractor, improper or insufficient maintenance, improper operation, or normal wear and tear.
Termination. The Contractor may terminate this Contract if the Owner fails to make payment as set forth herein and the failure continues for 10 days after notice, if the Contractor is unable to perform due to the failure of the owner to provide access to the site, necessary approvals, or its efforts to complete the work are frustrated by the actions or omissions of the Owner. In the event the Contractor terminates the Contract, is may recover payment for work executed, included reasonable overhead and profit, costs incurred by reason of such termination, and damages. No refund of payments made by the Owner shall be due as a result of termination under this section.
Governing Law; Venue; Attorney Fees. This Contract shall be governed by the laws of the state of Florida. Venue for any dispute arising in connection with this Contract shall lie exclusively in the court of appropriate jurisdiction in the county where the work is to be performed. The parties hereby irrevocably waive the right to a jury trial in connection with any matter related to or arising out of this contract or the work performed hereunder and consent to a bench trial in any such action. The prevailing party in any litigation shall be entitled to recover its reasonable attorneys’ fees from the other party.
Assignment; Subcontractors.This Agreement may not be assigned without consent; provided, however that nothing herein shall limit the right of the Contractor to use subcontractors and contract labor in completion of the work. Notwithstanding the foregoing, the Contract may be assigned by the Owner to a lender providing construction financing if the lender has assumed the Owner’s rights and obligations under the Contract.
Hazards. The Owner represents that, except as disclosed in writing, there is no hazardous condition, material or substance at the site of the work. The Owner shall indemnify and hold harmless the Contractor, its subcontractors, agents and employees from and against claims, damages, losses, and expense arising out of or resulting from performance of the work in the affected area if in fact, a hazardous condition, material or substance presents the risk of bodily injury or death and has not been rendered harmless, except to the extent that such damage, loss or expense is due to the fault or negligence of the party seeking indemnity. If, without negligence on the part of the Contractor, the Contractor is held liable by a government agency for the cost of remediation of a hazardous material or substance by reason of performing the work described herein, the Owner shall indemnify the Contractor for all cost and expenses thereby incurred.
Insurance; Beneficiaries. The Contractor shall maintain appropriate commercial general liability insurance and statutory worker’s compensation insurance and will provide certificates of insurance upon the request of the Owner. The Owner shall be responsible for purchasing and maintaining the Owner’s usual liability insurance and property insurance until the work is complete. This Contract has no third-party beneficiaries.
Consequential Damages. The Owner waives claims against the Contractor for consequential damages arising out of or relating to this Contract. This waiver includes damages incurred by Owner for rental expenses, for losses of use, income, profit, financing, business

and reputation, and for loss of management or employee productivity or of the services of such persons. This waiver is applicable to damages due to termination.
Entire Agreement; Modifications. This Contract, together with the information, plans, and specifications provided to the Contractor, constitute the entire agreement. Any previous agreements and understanding between the parties regarding the subject matter of this Contract, whether oral or in writing, are superseded by the Contract. Any amendments, modifications, or change orders must be in writing. Any change orders require the agreement of the Contractor and shall include appropriate modifications to the contract price to include the Contractor’s cost of labor, material, equipment, and reasonable overhead and profit.
ANY CLAIMS FOR CONSTRUCTION DEFECTS ARE SUBJECT TO THE NOTICE AND CURE PROVISIONS OF CHAPTER 558, FLORIDA STATUTES. 15. ACCORDING TO FLORIDA’S CONSTRUCTION LIEN LAW (SECTIONS 713.001-713.37, FLORIDA STATUTES), THOSE WHO WORK ON YOUR PROPERTY OR PROVIDE MATERIALS AND SERVICES AND ARE NOT PAID IN FULL HAVE A RIGHT TO ENFORCE THEIR CLAIM FOR PAYMENT AGAINST YOUR PROPERTY. THIS CLAIM IS KNOWN AS A CONSTRUCTION LIEN. IF YOUR CONTRACTOR OR A SUBCONTRACTOR FAILS TO PAY SUBCONTRACTORS, SUB-SUBCONTRACTORS, OR MATERIAL SUPPLIERS, THOSE PEOPLE WHO ARE OWED MONEY MAY LOOK TO YOUR PROPERTY FOR PAYMENT, EVEN IF YOU HAVE ALREADY PAID YOUR CONTRACTOR IN FULL. IF YOU FAIL TO PAY YOUR CONTRACTOR, YOUR CONTRACTOR MAY ALSO HAVE A LIEN ON YOUR PROPERTY. THIS MEANS IF A LIEN IS FILED YOUR PROPERTY COULD BE SOLD AGAINST YOUR WILL TO PAY FOR LABOR, MATERIALS, OR OTHER SERVICES THAT YOUR CONTRACTOR OR A SUBCONTRACTOR MAY HAVE FAILED TO PAY. TO PROTECT YOURSELF, YOU SHOULD STIPULATE IN THIS CONTRACT THAT BEFORE ANY PAYMENT IS MADE, YOUR CONTRACTOR IS REQUIRED TO PROVIDE YOU WITH A WRITTEN RELEASE OF LIEN FROM ANY PERSON OR COMPANY THAT HAS PROVIDED TO YOU A “NOTICE TO OWNER.” FLORIDA’S CONSTRUCTION LIEN LAW IS COMPLEX, AND IT IS RECOMMENDED THAT YOU CONSULT AN ATTORNEY

Approved By:	Date:	

115 Sourwood Lane, Ste D Groveland, FL 34736
Phone – (352) 638-0416	Quote	
	
Date: August 7, 2025
Quote# 1161
Expiration Date: September 8, 2025	

To	
Bella Collina
15614 Pendio Drive ARV #2	

Qty.		Description	Unit Price		Line Total	
		Labor
- Call in locates. Excavate and wet tap the 4-inch force main at the highest point utilizing a 4”x2” 304 SS saddle. Install a wastewater air release valve utilizing (3) 2” SS nipples, (1) 2” SS ball valve, and
(1) 2” SS gate valve. Install a 24x36x36 polymer
concrete box. Backfill the affected area.				
		Parts
(3) 2-inch 316 SS nipples
(1) 2-inch 316 SS ball valve
(1) 2-inch 316 SS gate valve
(1) 2-inch wastewater air release valve
(1) 4x2 304 SS tapping saddle
(1) 24x36x36 polymer concrete box				
		*** Exclusions sidewalk repair and asphalt repair ***				
			
Subtotal			
			
Sales Tax			
			
Total		
$7,694	

Quotation prepared by: Steve Guba

To accept this quotation, sign here and return: 	

115 Sourwood Lane, Ste D Groveland, FL 34736
Phone – (352) 638-0416	Quote	
	
Date: August 7, 2025
Quote# 1162
Expiration Date: September 8, 2025	

To	
Bella Collina
16901 Bolsena Drive ARV #3	

Qty.		Description	Unit Price		Line Total	
		Labor
- Call in locates. Excavate and wet tap the 4-inch force main at the highest point utilizing a 4”x2” 304 SS saddle. Install a wastewater air release valve utilizing (3) 2” SS nipples, (1) 2” SS ball valve, and
(1) 2” SS gate valve. Install a 24x36x36 polymer
concrete box. Backfill the affected area.				
		Parts
(3) 2-inch 316 SS nipples
(1) 2-inch 316 SS ball valve
(1) 2-inch 316 SS gate valve
(1) 2-inch wastewater air release valve
(1) 4x2 304 SS tapping saddle
(1) 24x36x36 polymer concrete box				
		*** Exclusions sidewalk repair and asphalt repair ***				
			
Subtotal			
			
Sales Tax			
			
Total		
$7,694	

Quotation prepared by: Steve Guba

To accept this quotation, sign here and return: 	

115 Sourwood Lane, Ste D Groveland, FL 34736
Phone – (352) 638-0416	Quote	
	
Date: August 7, 2025
Quote# 1160
Expiration Date: September 8, 2025	

To	
Bella Collina
17300 Pesce Loop ARV #11	

Qty.		Description	Unit Price		Line Total	
		Labor
-  Call in locates. Excavate and wet tap the 2.5”-inch force main at the highest point utilizing a 2.5”x1” 304 SS saddle. Install a wastewater air release valve utilizing
(3) 1” SS nipples, (1) 1” SS ball valve, and (1) 1” SS gate valve. Install a 24x36x36 polymer concrete box. Backfill the affected area.				
		Parts
(3) 1-inch 316 SS nipples
(1) 1-inch 316 SS ball valve
(1) 1-inch 316 SS gate valve
(1) 2-inch wastewater air release valve
(1) 2x1 reducing coupling
(1) 2.5x1 304 SS tapping saddle
(1) 24x36x36 polymer concrete box				
		*** Exclusions sidewalk repair and asphalt repairs ***				
			
Subtotal			
			
Sales Tax			
			
Total		
$7,000	

Quotation prepared by: Steve Guba

To accept this quotation, sign here and return: 	

Qty.		Description	Unit Price		Line Total	
		Labor
- Call in locates. Excavate and wet tap the 3-inch force main at the highest point utilizing a 3”x1” 304 SS saddle. Install a wastewater air release valve utilizing
(3) 1” SS nipples, (1) 1” SS ball valve, and (1) 1” SS gate valve. Install a 24x36x36 polymer concrete box. Backfill the affected area.				
		Parts
(3) 1-inch 316 SS nipples
(1) 1-inch 316 SS ball valve
(1) 1-inch 316 SS gate valve
(1) 2-inch wastewater air release valve
(1) 2x1 reducing coupling
(1) 3x1 304 SS tapping saddle
(1) 24x36x36 polymer concrete box				
		*** Exclusions sidewalk repair and asphalt repairs ***				
			
Subtotal			
			
Sales Tax			
			
Total		
$7,014	

Quotation prepared by: Steve Guba

To accept this quotation, sign here and return: 	

Qty.		Description	Unit Price		Line Total	
		Labor
- Call in locates. Excavate and wet tap the 4-inch force main at the highest point utilizing a 4”x2” 304 SS saddle. Install a wastewater air release valve utilizing (3) 2” SS nipples, (1) 2” SS ball valve, and
(1) 2” SS gate valve. Install a 24x36x36 polymer
concrete box. Backfill the affected area.				
		Parts
(3) 2-inch 316 SS nipples
(1) 2-inch 316 SS ball valve
(1) 2-inch 316 SS gate valve
(1) 2-inch wastewater air release valve
(1) 4x2 304 SS tapping saddle
(1) 24x36x36 polymer concrete box				
		*** Exclusions sidewalk repair and asphalt repairs ***				
			
Subtotal			
			
Sales Tax			
			
Total		
$7,694	

Quotation prepared by: Steve Guba

To accept this quotation, sign here and return: 	

115 Sourwood Lane, Ste D Groveland, FL 34736
Phone – (352) 638-0416	Quote	
	
Date: August 7, 2025
Quote# 1157
Expiration Date: September 8, 2025	

To	
Bella Collina
Cortona Way Lot 260 ARV #16	

Qty.		Description	Unit Price		Line Total	
		Labor
- Call in locates. Excavate and wet tap the 6-inch force main at the highest point utilizing a 6”x2” 304 SS saddle. Install a wastewater air release valve utilizing (3) 2” SS nipples, (1) 2” SS ball valve, and
(1) 2” SS gate valve. Install a 24x36x36 polymer
concrete box. Backfill the affected area.				
		Parts
(3) 2-inch 316 SS nipples
(1) 2-inch 316 SS ball valve
(1) 2-inch 316 SS gate valve
(1) 2-inch wastewater air release valve
(1) 6x2 304 SS tapping saddle
(1) 24x36x36 polymer concrete box				
		*** Exclusions sidewalk repair and asphalt reparis ***				
			
Subtotal			
			
Sales Tax			
			
Total		
$7,781	

Quotation prepared by: Steve Guba

To accept this quotation, sign here and return: 	

115 Sourwood Lane, Ste D Groveland, FL 34736
Phone – (352) 638-0416	Quote	
	
Date: August 7, 2025
Quote# 1156
Expiration Date: September 8, 2025	

To	
Bella Collina
WWTF Influent Header ARV #17	

Qty.		Description	Unit Price		Line Total	
		Labor
- Call in locates. Excavate and wet tap the 10-inch force main at the highest point utilizing a 10”x2” 304 SS saddle. Install a wastewater air release valve utilizing (3) 2” SS nipples, (1) 2” SS ball valve, and (1) 2” SS gate valve. Install a 24x36x36 polymer concrete box. Backfill the affected area.				
		Parts
(3) 2-inch 316 SS nipples
(1) 2-inch 316 SS ball valve
(1) 2-inch 316 SS gate valve
(1) 2-inch wastewater air release valve
(1) 10x2 304 SS tapping saddle
(1) 24x36x36 polymer concrete box				
		*** Exclusions sidewalk repairs and asphalt repairs ***				
			
Subtotal			
			
Sales Tax			
			
Total		
$7,800	

Quotation prepared by: Steve Guba

To accept this quotation, sign here and return: