Woodland Ranch Estates Community Development District
Meeting Agenda April 9, 2025

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Woodland Ranch Estates
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 2, 2025
Board of Supervisors Meeting
Woodland Ranch Estates Community Development District
Dear Board Members:

A meeting of the Board of Supervisors of the Woodland Ranch Estates Community Development District will be held on Wednesday, April 9, 2025 at 2:00 PM at the Holiday Inn—Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, FL 33880.
Zoom Video Join Link: https://us06web.zoom.us/j/84056186757
Call-In Information: 1-646-876-9923
Meeting ID: 840 5618 6757
Following is the advance agenda for the meeting:

Board of Supervisors Meeting
Roll Call
Public Comment Period (Public Comments will be limited to three (3) minutes each)
Organizational Matters
Acceptance of Resignation of Brent Elliott (Seat #1)
Appointment to Fill Vacant Board Seat #1
Administration of Oath to Newly Appointed Supervisor
Consideration of Resolution 2025-06 Electing Officers
Approval of Minutes of the December 11, 2024 Board of Supervisors Meeting
Consideration of Resolution 2025-07 Approving the Proposed Fiscal Year 2025/2026 Budget (Suggested Date: August. 13, 2025), Declaring Special Assessments, and Setting the Public Hearings on the Adoption of the Fiscal Year 2025/2026 Budget and the Imposition of Operations and Maintenance Assessments
Consideration of Resolution 2025-08 Ratifying the Series 2025 Bonds
Ratification of Disclosure of Public Financing
Ratification of DTS Licensing Agreement
Ratification of 2025 Data Sharing & Usage Agreement with Polk County Property Appraiser
Ratification of 2025 Contract Agreement with Polk County Property Appraiser
Staff Reports
Attorney
Engineer
District Manager’s Report
Ratification of Funding Requests #17 through #19
Presentation of Funding Request #20
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

Section III

Section A

From: Brent Elliott
Subject: Woodland Ranch Estates CDD Resignation Date: February 11, 2025
To: Jillian Burns

Please accept this email as my resignation from the board of the Woodland Ranch Estates CDD.

Thanks, Brent Elliott

Section D

RESOLUTION 2025-06
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WOODLAND RANCH ESTATES COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE WOODLAND RANCH ESTATES COMMUNITY DEVELOPMENT DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.

Whereas, the Woodland Ranch Estates Community Development District (hereinafter the “District”), is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, being situated entirely within the Town of Dundee, Florida; and
Whereas, the Board of Supervisors of the District (“Board”) desires to elect the Officers of the
District.

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

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

Passed and adopted this 9th day of April 2025.

ATTEST:	WOODLAND RANCH ESTATES COMMUNITY DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson, Board of Supervisors

MINUTES

MINUTES OF MEETING WOODLAND RANCH ESTATES
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Woodland Ranch Estates Community Development District was held Wednesday, December 11, 2024, at 2:00 p.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present and constituting a quorum:

Halsey Carson	Vice Chairperson
Brent Elliott	Assistant Secretary
Cody Hatmaker	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Chris Loy by Zoom	District Counsel, Kilinski Van Wyk
Bryan Hunter by Zoom	District Engineer, Hunter Engineering
Ashton Bligh by Zoom	Bond Counsel, Greenberg Traurig
Bob Gang by Zoom	Bond Counsel, Greenberg Traurig

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order and called the roll. Three Board members were present constituting a quorum.

SECOND ORDER OF BUSNESS	Public Comment Period
Ms. Burns noted that there were no members of the public present in person or attending via Zoom.

THIRD ORDER OF BUSINESS	Organizational Matters
A. Administration of Oaths of Office to Newly Elected Board Member Cody Hatmaker after the November 5, 2024 Landowners’ Election
Ms. Burns noted that this item was completed prior to the start of the meeting. She also noted that he has been briefed on the Sunshine Law and that District Counsel will be providing a packet with additional information.

December 11, 2024	Woodland Ranch Estates CDD

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the November
5 Landowners’ Meeting & November 13, 2024 Board of Supervisors Meeting
Ms. Burns presented the meeting minutes from the November 5, 2024 Landowners’ meeting and the November 13, 2024 Board of Supervisors meeting and asked for any comments, corrections, or questions. There being no changes, she asked for a motion of approval.

On MOTION by Mr. Elliott, seconded by Mr. Carson, with all in favor, the Minutes of the November 5, 2024 Landowners’ Meeting & November 13, 2024 Board of Supervisors Meeting, were approved.

FIFTH ORDER OF BUSINESS	Presentation of Revised Engineer’s Report
of Capital Improvements dated December 11, 2024
Ms. Burns presented the revised engineer’s report and Mr. Hunter reviewed the report for the Board. He noted the purpose of the report is to describe the public infrastructure necessary to construct the proposed Woodland Ranch Estates development within the bounds of the District and to provide engineering support to fund the improvements. He summarized the report for the Board members concluding that the engineer’s report that the public infrastructure elements are reasonable and beneficial and that the associated cost are reasonable. He did report that there are some “grey areas” around the water capacity and the Town of Dundee wanting a developer agreement for water quantities. Ms. Burns suggested that this information be relayed to John Kessler. Mr. Hunter offered to answer any questions Board questions.

On MOTION by Mr. Elliott, seconded by Mr. Carson, with all in favor, the Revised Engineer’s Report of Capital Improvements Dated December 11, 2024, was approved.

SIXTH ORDER OF BUSINESS	Presentation	of	Revised	Preliminary
Supplemental Assessment Methodology dated December 11, 2024
Ms. Burns presented the revised preliminary supplemental assessment methodology to the Board and summarized it. She stated there are 344 total units within the assessment area in Phase 1 and 2. Table 2 shows the cost estimates that total $16,229,400. Table 3 shows an estimated bond

December 11, 2024	Woodland Ranch Estates CDD

sizing of $6,100,000. Table 4 outlines the improvement cost per unit. Table 5 allocates the par debt per unit. Table 6 breaks down the net and gross annual debt assessment per unit. Table 7 shows the preliminary assessment roll which allocates debt to each of the 124.42 acres within the assessment area.

On MOTION by Mr. Elliott, seconded by Mr. Carson, with all in favor, the Revised Preliminary Supplemental Assessment Methodology dated December 11, 2024, was approved.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2025-04
Amended and Restated Delegation Resolution Repealing Delegation Resolution 2024-01
Ms. Burns presented the resolution. Ms. Bligh stated that this resolution will authorize the issuance of a series of bonds and repealing the prior delegation resolution that was adopted by the Board. After going through the delegation resolution, she offered to answer any Board questions. Hearing no questions, Ms. Burns asked for a motion of approval.

On MOTION by Mr. Elliott, seconded by Mr. Carson, with all in favor, Resolution 2025-04 Amended and Restated Delegation Resolution Repealing Delegation Resolution 2024-01, was approved.

EIGHTH ORDER OF BUSINESS	Consideration	of	Series	2025	Project
Developer Agreements
True-Up Agreement
Completion Agreement
Acquisition Agreement
Collateral Assignment Agreement
Declaration of Consent
Notice of Special Assessments
Mr. Loy summarized different developer agreements and offered to answer any questions. There will be a change to incorporate an owner of 36 lots under Woodland Estates 3. Mr. Loy will incorporate that change and asked for a motion of approval in substantial form. There was one motion of approval for all of the agreements A-F.

December 11, 2024	Woodland Ranch Estates CDD

On MOTION by Mr. Elliott, seconded by Mr. Carson, with all in favor, the Series 2025 Project Developer Agreements, were approved.

Consideration of Resolution 2025-05 Delegated Supplemental Assessment Resolution for Series 2025 Bonds
Mr. Loy noted that this resolution applies to the master assessment resolution to finalize the assessments and allows the Chair to sign off on final versions of all the financing documents and to take any action needed to finalize those documents. There being no questions, there was a motion of approval.

On MOTION by Mr. Elliott, seconded by Mr. Carson, with all in favor, Resolution 2025-05 Delegated Supplemental Assessment Resolution for Series 2025 Bonds, was approved.

NINTH ORDER OF BUSINESS	Consideration  of  Underwriter  Services
Engagement Letter for Series 2025 Bonds from FMS
Ms. Burns noted that this is an engagement letter from FMS to serve as the underwriter for the series 2025 bonds. There were no questions from the Board on this action item and there was a motion of approval.

On MOTION by Mr. Elliott, seconded by Mr. Carson, with all in favor, the Underwriter Services Engagement Letter for Series 2025 Bonds from FMS, was approved.

TENTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Loy reminded the Board that their four hours of ethics training will need to be completed by the end of the year.

Engineer
There being no comments, the next item followed.

District Manager’s Report
Ratification of Funding Request #16

December 11, 2024	Woodland Ranch Estates CDD

Ms. Burns stated this request has already been approved and funded; it just needs to be
ratified.

On MOTION by Mr. Elliott, seconded by Mr. Carson, with all in favor, Funding Request #16, was ratified.

Balance Sheet and Income Statement
Ms. Burns stated that financial statements are included in the agenda package for Board review and no action is required at this time.

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

TWELFTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being no comments, the next item followed.

THIRTEENTH ORDER OF BUSINESS	Adjournment
Ms. Burns adjourned the meeting.

On MOTION by Mr. Elliott, seconded by Mr. Carson, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section V

RESOLUTION 2025-07
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WOODLAND RANCH ESTATES COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2026; DECLARING SPECIAL ASSESSMENTS TO FUND THE PROPOSED BUDGETS PURSUANT TO CHAPTERS 170, 190 AND 197, FLORIDA STATUTES; SETTING PUBLIC HEARINGS; ADDRESSING PUBLICATION; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Woodland Ranch Estates Community Development District (“District”) prior to June 15, 2025, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“Fiscal Year 2026”); and
WHEREAS, it is in the best interest of the District to fund the administrative and operations services (together, “Services”) set forth in the Proposed Budget by levy of special assessments pursuant to Chapters 170, 190 and 197, Florida Statutes (“Assessments”), as set forth in the preliminary assessment roll included within the Proposed Budget; and

WHEREAS, the District hereby determines that benefits would accrue to the properties within the District, as outlined within the Proposed Budget, in an amount equal to or in excess of the Assessments, and that such Assessments would be fairly and reasonably allocated as set forth in the Proposed Budget; and
WHEREAS, the Board has considered the Proposed Budget, including the Assessments, and desires to set the required public hearings thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WOODLAND RANCH ESTATES COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2026 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

DECLARING ASSESSMENTS. Pursuant to Chapters 170, 190 and 197, Florida Statutes, the Assessments shall defray the cost of the Services in the total estimated amounts set forth in the Proposed Budget. The nature of, and plans and specifications for, the Services to be funded by the Assessments are described in the Proposed Budget and in the reports (if any) of the District Engineer, all of which are on file and available for public inspection at the “District’s Office,” Governmental Management Services-Central Florida, LLC, 219 E. Livingston St., Orlando, Florida 32801, The Assessments shall be levied within the District on all benefitted lots and lands, and shall be apportioned, all as described in the Proposed Budget and the preliminary assessment roll included therein. The preliminary assessment roll is also on file and available for public inspection at the District’s Office. The Assessments shall be paid in one or more installments pursuant to a bill issued by the District in November of 2025, and pursuant to Chapter 170, Florida Statutes, or, alternatively, pursuant to the Uniform Method as set forth in Chapter 197, Florida Statutes.

SETTING PUBLIC HEARINGS. Pursuant to Chapters 170, 190, and 197, Florida Statutes, public hearings on the approved Proposed Budget and the Assessments are hereby declared and set for the following date, hour and location:

DATE:	Wednesday, August 13, 2025
HOUR:	2:00 PM
LOCATION:	Holiday Inn—Winter Haven 200 Cypress Gardens Blvd. Winter Haven, Florida 33880

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

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 3 and shall remain on the website for at least 45 days.
PUBLICATION OF NOTICE. The District shall cause this Resolution to be published once a week for a period of two weeks in a newspaper of general circulation published in Polk County. Additionally, notice of the public hearings shall be published in the manner prescribed in Florida law.

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

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 9TH DAY OF APRIL 2025.

ATTEST:	WOODLAND RANCH ESTATES
COMMUNITY DEVELOPMENT DISTRICT
By: 	

Secretary	Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2026

Woodland Ranch Estates
Community Development District

Proposed Budget
FY2026

6M3

Table of Contents

1-2

3-6

7

General Fund

General Fund Narrative

Debt Service Fund - Series 2025

8	Amortization Schedule - Series 2025

Woodland Ranch Estates Community Development District Proposed Budget
General Fund

Description	Adopted Budget FY2025	Actuals Thru 2/28/25	Projected Next
7 Months	Projected Thru 9/30/25	Proposed Budget FY2026	

Revenues							
Assessments	$	-	$	-	$	-	$	-	$	258,000	
Developer Contributions	$	294,510	$	27,167	$	135,270	$	162,436	$	267,081	
Total Revenues	$	294,510	$	27,167	$	135,270	$	162,436	$	525,081	

Expenditures						
General & Administrative						
Supervisor Fees	$	12,000	$	-	$	7,000	$	7,000	$	12,000	
FICA Expense	$	-	$	-	$	536	$	536	$	918	
Engineering Fees	$	15,000	$	125	$	10,000	$	10,125	$	15,000	
Attorney Fees	$	25,000	$	4,127	$	5,778	$	9,904	$	25,000	
Annual Audit	$	4,000	$	-	$	3,100	$	3,100	$	4,200	
Assessment Administration	$	5,000	$	-	$	-	$	-	$	5,000	
Arbitrage	$	450	$	-	$	-	$	-	$	450	
Dissemination Fees	$	5,000	$	-	$	2,917	$	2,917	$	5,000	
Trustee Fees	$	4,100	$	-	$	-	$	-	$	6,125	
Management Fees	$	37,500	$	15,625	$	21,875	$	37,500	$	38,625	
Information Technology	$	1,800	$	750	$	1,050	$	1,800	$	1,854	
Website Maintenance	$	1,200	$	500	$	700	$	1,200	$	1,236	
Postage & Delivery	$	1,000	$	2	$	350	$	352	$	1,000	
Insurance	$	5,000	$	5,200	$	-	$	5,200	$	5,980	
Copies	$	1,000	$	250	$	350	$	600	$	1,000	
Legal Advertising	$	20,000	$	1,010	$	5,364	$	6,374	$	5,000	
Contingencies	$	5,000	$	204	$	285	$	489	$	2,500	
Office Supplies	$	625	$	5	$	35	$	40	$	625	
Travel Per Diem	$	660	$	-	$	125	$	125	$	660	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative	$	144,510	$	27,973	$	59,464	$	87,436	$	132,348	

Woodland Ranch Estates Community Development District Proposed Budget
General Fund

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Operations & Maintenance Field Expenditures					
Property Insurance	$	-	$	-	$	-	$	-	$	30,000	
Field Management	$	-	$	-	$	-	$	-	$	15,000	
Landscape Maintenance	$	-	$	-	$	-	$	-	$	99,540	
Landscape Replacement	$	-	$	-	$	-	$	-	$	15,000	
Streetlights	$	-	$	-	$	-	$	-	$	33,770	
Electric	$	-	$	-	$	-	$	-	$	7,260	
Water & Sewer	$	-	$	-	$	-	$	-	$	50,000	
Sidewalk & Asphalt Maintenance	$	-	$	-	$	-	$	-	$	2,500	
Irrigation Repairs	$	-	$	-	$	-	$	-	$	10,000	
General Repairs & Maintenance	$	-	$	-	$	-	$	-	$	10,000	
Contingency	$	150,000	$	-	$	75,000	$	75,000	$	7,500	
Subtotal Field Expenditures	$	150,000	$	-	$	75,000	$	75,000	$	280,570	

Amenity Expenditures
Amenity - Electric	

$	-	

$	-	$	-	

$	-	

$	15,863	
Amenity - Water	$	-	$	-	$	-	$	-	$	12,000	
Internet	$	-	$	-	$	-	$	-	$	2,000	
Pest Control	$	-	$	-	$	-	$	-	$	1,200	
Janitorial Services	$	-	$	-	$	-	$	-	$	9,300	
Security Services	$	-	$	-	$	-	$	-	$	20,000	
Pool Mainteance	$	-	$	-	$	-	$	-	$	16,800	
Amenity Repairs & Maintenance	$	-	$	-	$	-	$	-	$	10,000	
Amenity Management	$	-	$	-	$	-	$	-	$	10,000	
Holiday Decorations	$	-	$	-	$	-	$	-	$	7,500	
Contingency	$	-	$	-	$	-	$	-	$	7,500	
Subtotal Amenity Expenditures	$	-	$	-	$	-	$	-	$	112,163	

Total Operations & Maintenance	$	150,000	$	-	$	75,000	$	75,000	$	392,733	
						
Total Expenditures	$	294,510	$	27,973	$	134,464	$	162,436	$	525,081	
						
Excess Revenues/(Expenditures)	$	-	$	(806)	$	806	$	-	$	-	

	Net Assessments	$	258,000	
	Add: Discounts & Collections 7%	$	19,419	
	Gross Assessments	$	277,419	

Product	
Assessable Units	

ERU	

Total ERU's	

Net Assessment	

Net Per Unit	

Gross Per Unit	
Platted	344	1.00	344.00	$	258,000	$	750.00	$	806.45	
Total Tax Roll	344		344.00	$	258,000			

Woodland Ranch Estates Community Development District General Fund Budget
Revenues:
Assessments

The District will levy a non-ad valorem assessment on all assessable property within the District to fund all general operating and maintenance expenditures during the fiscal year.

Developer Contributions
The District will enter into a funding agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.

Expenditures:
General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.
Engineering

The District's engineer will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.
Attorney

The District's legal counsel will be providing general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit
The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration
The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on an anticipated bond issuance.
Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon an anticipated bond issuance.
Trustee Fees

Woodland Ranch Estates Community Development District General Fund Budget

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.
Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.
Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.
Insurance

The District’s general liability and public official’s liability insurance coverages.

Printing & Binding
Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes, etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies
Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Travel Per Diem

The Board of Supervisors can be reimbursed for travel expenditures related to the conducting of District business.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Woodland Ranch Estates Community Development District General Fund Budget

Field Services:

Property Insurance
The District’s property insurance coverages.

Field Management

The District has contracted with Governmental Management Services – Central Florida, LLC to provide onsite field management of contracts for the District such as landscape maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance
The District has a contract with Prince & Sons, Inc. to maintain the landscaping located within the District. These services include monthly landscape maintenance such as mowing of turf areas, pruning and trimming, plant bed weed control, fertilization and irrigation inspections.

Landscape Replacement
Represents the estimated cost of replacing landscaping within the common areas of the District.

Streetlights

Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.
Electric

Represents current and estimated electric charges of common areas throughout the District.

Water & Sewer
Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.
General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Field Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year.

Woodland Ranch Estates Community Development District General Fund Budget

Amenity Expenditures:

Amenity - Electric
Represents estimated electric charges for the District’s amenity facilities.

Amenity – Water

Represents estimated water charges for the District’s amenity facilities.

Internet
Internet service will be added for use at the Amenity Center.

Pest Control

The District will incur costs for pest control treatments to its amenity facilities.
Janitorial Services

Represents estimated costs to provide janitorial services and supplies for the District’s amenity facilities.

Security Services
Represents the estimated cost of contracting a monthly security service for the District’s amenity facilities.

Pool Maintenance

Represents estimated costs of regular cleaning and treatments of the District’s pool.
Amenity Repairs & Maintenance

Represents estimated costs for repairs and maintenance of the District’s amenity facilities.

Amenity Management
Provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as-needed basis. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.
Holiday Decorations
Holiday Decorations

Represents estimated costs for Holiday Decorations of the District

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Woodland Ranch Estates
Community Development District Proposed Budget
Debt Service Fund Series 2025

Proposed Budget
Description	FY2025	Actuals Thru 2/28/25	Projected Next
7 Months	Projected Thru 9/30/25	Proposed Budget FY2026	

Revenues				
Assessments - Direct	$	-	$	-	$	164,524	$	164,524	$	412,793	
Carry Forward Surplus (1)	$	-	$	-	$	-	$	-	$	164,524	
Total Revenues	$	-	$	-	$	164,524	$	164,524	$	577,317	

Expenditures				
Interest - 11/1	$	-	$	-	$	-	$	-	$	164,524	
Principal - 5/1	$	-	$	-	$	-	$	-	$	85,000	
Interest - 5/1	$	-	$	-	$	79,520	$	79,520	$	164,524	
Total Expenditures	$	-	$	-	$	79,520	$	79,520	$	414,048	
Other Sources/(Uses)				

Bond Proceeds	
$	-	$	492,314	
$	-	
$	492,314	
$	-	
Total Other Sources/(Uses)	$	-	$	492,314	$	-	$	492,314	$	-	

Excess Revenues/(Expenditures)	$	-	$	492,314	$	85,004	$	577,317	$	163,270

(1) Carryforward Surplus is net of Debt Service Reserve Funds

Interest - 11/1  $

162,547.50

Product	
Assessable Units	Maximum Annual Debt Service	
Net Per Unit	
Gross Per Unit	
Single Family - Phase 1	308	$	369,594	$	1,199.98	$	1,290.30	
Single Family - Phase 2	36	$	43,199	$	1,199.98	$	1,290.30	
Total Tax Roll	344	$	412,793			

Woodland Ranch Estates Community Development District Series 2025 Special Assessment Bonds Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

05/01/25	$	5,925,000.00	$	
11/01/25	$	5,925,000.00	$	
05/01/26	$	5,925,000.00	$	85	
11/01/26	$	5,840,000.00	$	
05/01/27	$	5,840,000.00	$	85	
11/01/27	$	5,755,000.00	$	
05/01/28	$	5,755,000.00	$	90	
11/01/28	$	5,665,000.00	$	
05/01/29	$	5,665,000.00	$	95	
11/01/29	$	5,570,000.00	$	
05/01/30	$	5,570,000.00	$	100	
11/01/30	$	5,470,000.00	$	
05/01/31	$	5,470,000.00	$	105	
11/01/31	$	5,255,000.00	$	
05/01/32	$	5,255,000.00	$	110	
11/01/32	$	5,255,000.00	$	
05/01/33	$	5,255,000.00	$	115	
11/01/33	$	5,140,000.00	$	
05/01/34	$	5,140,000.00	$	120	
11/01/34	$	5,020,000.00	$	
05/01/35	$	5,020,000.00	$	130	
11/01/35	$	4,890,000.00	$	
05/01/36	$	4,890,000.00	$	135	
11/01/36	$	4,755,000.00	$	
05/01/37	$	4,755,000.00	$	145	
11/01/37	$	4,610,000.00	$	
05/01/38	$	4,610,000.00	$	155	
11/01/38	$	4,455,000.00	$	
05/01/39	$	4,455,000.00	$	160	
11/01/39	$	4,295,000.00	$	
05/01/40	$	4,295,000.00	$	170	
11/01/40	$	4,125,000.00	$	
05/01/41	$	4,125,000.00	$	180	
11/01/41	$	3,755,000.00	$	
05/01/42	$	3,120,000.00	$	190	
11/01/42	$	3,120,000.00	$	
05/01/43	$	3,120,000.00	$	200	
11/01/43	$	3,120,000.00	$	
05/01/44	$	3,120,000.00	$	210	
11/01/44	$	3,120,000.00	$	
05/01/45	$	3,120,000.00	$	225	
11/01/45	$	3,120,000.00	$	
05/01/46	$	3,120,000.00	$	240	
11/01/46	$	2,880,000.00	$	
05/01/47	$	2,880,000.00	$	250	
11/01/47	$	2,630,000.00	$	
05/01/48	$	2,630,000.00	$	265	
11/01/48	$	2,365,000.00	$	
05/01/49	$	2,365,000.00	$	285	
11/01/49	$	2,080,000.00	$	
05/01/50	$	2,080,000.00	$	300	
11/01/50	$	1,780,000.00	$	
05/01/51	$	1,780,000.00	$	315	
11/01/51	$	1,465,000.00	$	
05/01/52	$	1,465,000.00	$	335	
11/01/52	$	1,130,000.00	$	
05/01/53	$	1,130,000.00	$	355	
11/01/53	$	775,000.00	$	
05/01/54	$	775,000.00	$	375	
11/01/54	$	400,000.00	$	
05/01/55	$	400,000.00	$	400	
			
$	5,925	

$	79,519.81		
$	164,523.75	$	244,043.56	
$	164,523.75		
$	162,547.50	$	412,071.25	
$	162,547.50		
$	160,571.25	$	408,118.75	
$	160,571.25		
$	158,478.75	$	409,050.00	
$	158,478.75		
$	156,270.00	$	409,748.75	
$	156,270.00		
$	153,945.00	$	410,215.00	
$	153,945.00		
$	151,503.75	$	410,448.75	
$	151,503.75		
$	148,946.25	$	410,450.00	
$	148,946.25		
$	145,755.00	$	409,701.25	
$	145,755.00		
$	142,425.00	$	408,180.00	
$	142,425.00		
$	138,817.50	$	411,242.50	
$	138,817.50		
$	135,071.25	$	408,888.75	
$	135,071.25		
$	131,047.50	$	411,118.75	
$	131,047.50		
$	126,746.25	$	412,793.75	
$	126,746.25		
$	122,306.25	$	409,052.50	
$	122,306.25		
$	117,588.75	$	409,895.00	
$	117,588.75		
$	112,593.75	$	410,182.50	
$	112,593.75		
$	107,321.25	$	409,915.00	
$	107,321.25		
$	101,771.25	$	409,092.50	
$	101,771.25		
$	95,943.75	$	407,715.00	
$	95,943.75		
$	89,700.00	$	410,643.75	
$	89,700.00		
$	82,800.00	$	412,500.00	
$	82,800.00		
$	75,612.50	$	408,412.50	
$	75,612.50		
$	67,993.75	$	408,606.25	
$	67,993.75		
$	59,800.00	$	412,793.75	
$	59,800.00		
$	51,175.00	$	410,975.00	
$	51,175.00		
$	42,118.75	$	408,293.75	
$	42,118.75		
$	32,487.50	$	409,606.25	
$	32,487.50		
$	22,281.25	$	409,768.75	
$	22,281.25		
$	11,500.00	$	408,781.25	
$	11,500.00	$	411,500.00	

-
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00
-
,000.00

,000.00  $

6,618,804.81  $

12,543,804.81

Section VI

RESOLUTION 2025-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WOODLAND RANCH ESTATES COMMUNITY DEVELOPMENT DISTRICT RATIFYING, CONFIRMING, AND APPROVING THE ACTIONS OF THE CHAIRPERSON, VICE CHAIRPERSON, SECRETARY, ASSISTANT SECRETARIES, AND ALL DISTRICT STAFF REGARDING THE SALE AND CLOSING OF $5,925,000 WOODLAND RANCH ESTATES COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2025; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Woodland Ranch Estates Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes, located in the Town of Dundee, Polk County, Florida; and

WHEREAS, the District previously adopted Resolution No. 2025-04 on December 11, 2024 (the “Bond Resolution”), authorizing the issuance of its Woodland Ranch Estates Community Development District Special Assessment Bonds, Series 2025 (the “Series 2025 Bonds”), for the purpose of financing a portion of the Capital Improvement Plan; and

WHEREAS, the District closed on the issuance of the Series 2025 Bonds in the par amount of $5,925,000 on February 4, 2025; and

WHEREAS, as prerequisites to the issuance of the Series 2025 Bonds, the Chairperson, Vice Chairperson, Treasurer, Secretary, Assistant Secretaries, and District staff including the District Manager, District Financial Advisor, District Counsel and Bond Counsel (the “District Staff”) were required to execute and deliver various documents (the “Closing Documents”); and

WHEREAS, the District desires to ratify, confirm, and approve all actions of the District Chairperson, Vice Chairperson, Treasurer, Secretary, Assistant Secretaries, and District Staff in closing on the issuance of the Series 2025 Bonds.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WOODLAND RANCH ESTATES COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The issuance of the Series 2025 Bonds, the adoption of resolutions relating to such bonds, and all actions taken in the furtherance of the closing on such bonds, are hereby declared and affirmed as being in the best interests of the District and are hereby ratified, approved, and confirmed by the Board of Supervisors of the District.

SECTION 2. The actions of the Chairperson, Vice Chairperson, Treasurer, Secretary, Assistant Secretaries, and all District Staff in finalizing the closing and issuance of the Series 2025 Bonds, including the execution and delivery of the Closing Documents, and such other certifications or other documents required for the closing on the Series 2025 Bonds, are determined to be in accordance with the prior authorizations of the Board and are hereby ratified, approved, and confirmed in all respects.
SECTION 3. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.
SECTION 4. This Resolution shall become effective upon its adoption.

PASSED AND ADOPTED this 9th day of April 2025.

ATTEST:	WOODLAND RANCH ESTATES COMMUNITY DEVELOPMENT DISTRICT

Secretary	Chairperson, Board of Supervisors

Section VII

INSTR # 2025044927
BK 13448 Pgs 0471-0479 PG(s)9
02/28/2025 08:56:53 AM STACY M. BUTTERFIELD,

This instrument was prepared by and upon recording should be returned to:

CLERK OF COURT POLK COUNTY RECORDING FEES 78.00

Lauren Gentry, Esq. Kilinski I Van Wyk, PLLC
517 E. College Avenue Tallahassee, Florida 32301

DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN BY
THE WOODLAND RANCH ESTATES COMMUNITY DEVELOPMENT DISTRICT

Board of Supervisors1
Woodland Ranch Estates Community Development District

[Vacant]
Chairman

Halsey Carson
Vice Chairman

Karen Ritchie
Assistant Secretary

Timothy Todd
Assistant Secretary

Cody Hatmaker
Assistant Secretary

District Manager c/o Jill Bums
219 E. Livingston Street Orlando, Florida 3280 I Tel: (407) 841-5524
("District Manager's Office")

District records are on file at the District Manager's Office and are available for public inspection upon request during normal business hours.

1 This list reflects the composition of the Board of Supervisors as of February 13, 2025. For a current list of
Board Members, please contact the District Manager's Office.

TABLE OF CONTENTS
Introduction	I
What is the District and How is it Governed?	1
Overview of the District's Projects, Bonds & Debt Assessments	2
Methods of Collection	4
District Boundary Legal Description	Exhibit A

2

DISCLOSURE OF PUBLIC FINANCING AND MAINTENANCE OF IMPROVEMENTS TO REAL PROPERTY UNDERTAKEN
BY THE WOODLAND RANCH ESTATES COMMUNITY DEVELOPMENT DISTRICT

INTRODUCTION

On behalf of the Woodland Ranch Estates Community Development District ("District"), the following information is provided to give you a description of the District's services and the assessments that have been levied within the District to pay for certain community infrastructure, and the manner in which the District is operated. The District is a unit of special-purpose local government created pursuant to and existing under the provisions of Chapter 190, Florida Statutes ("Act"). Under Florida law, community development districts are required to take affirmative steps to provide for the full disclosure of information relating to the public financing and maintenance of improvements to real property undertaken by such districts. The law specifically provides that this information shall be made available to all persons currently residing within the District and to all prospective District residents, as well as filed in the property records of each county in which the District is located.
WHAT IS THE DISTRICT AND HOW IS IT GOVERNED?

The District was established by Ordinance No. 22-26, enacted by the Town Commission of the Town of Dundee, Florida on September 13, 2022. The District boundaries encompass approximately 124.42 acres within the Town of Dundee, Florida, generally located on the east and west side of H.L. Smith Road, approximately 1.75 miles south ofHatchineha Road, within the Town ofDundee, Florida. The development plan for the lands within the District includes approximately 344 single-family residential units in multiple phases, which are currently planned to be constructed simultaneously. As a local unit of special-purpose government, the District provides an alternate means for planning, financing, constructing, operating and maintaining various public improvements and community facilities within its jurisdiction.
The District is governed by a five-member Board of Supervisors ("Board" and individually, "Supervisors"), the members of which must be residents of the State of Florida and citizens of the United States. Within ninety (90) days of appointment of the initial Board, members were elected on an at-large basis by the owners of property within the District. Subsequent landowner elections are then held every two years in November. At the landowner elections, and generally stated, each landowner is entitled to cast one vote for each acre of land owned with fractions thereof rounded upward to the nearest whole number, or one vote per platted lot. Commencing six (6) years after the initial appointment of the members of the Board and when the District attains a minimum of two hundred and fifty (250) qualified electors, Supervisors whose terms are expiring will begin to be elected by qualified electors of the District. A "qualified elector" in this instance is any person at least eighteen (18) years of age who is a citizen of the United States, a legal resident of Florida and of the District, and who is also registered to vote with the Supervisor of Elections for Polk County. Notwithstanding the foregoing, ifat any time the Board proposes to exercise its ad valorem taxing power, it shall, prior to the exercise of such power, call an election at which all members of the Board shall be elected by qualified electors of the District.
The District is subject to Florida law governing open meetings and records. Accordingly, Board meetings are noticed in the local newspaper and are conducted in a public forum in which public participation is permitted. Consistent with Florida's public records laws, the records of the District are available for public inspection at the District Manager's Office during normal business hours.

OVERVIEW OF THE DISTRICT'S PROJECTS, BONDS & DEBT ASSESSMENTS
The District is authorized by the Act to, amongst other things, finance, fund, plan, establish, acquire, install, equip, operate, extend, construct, or reconstruct stonnwater management systems, roadway improvements, on-site and off-site wetland mitigation, landscape/hardscape, parks and recreation facilities, irrigation systems and other infrastructure projects and services necessitated by the development of, and serving lands within, the District. A description of the boundaries of the District is attached hereto as Exhibit A.

Pursuant to the Act, the District is authorized to levy and impose special assessments to pay all, or any part of, the cost of such infrastructure projects and services and to issue bonds, notes and/or other specific financing mechanisms payable from such special assessments. On January 17, 2023, the Tenth Judicial Circuit of Florida, in and for Polk County, Florida, entered a Final Judgment validating the District's ability to issue an aggregate principal amount not to exceed $18,380,000 in Special Assessment Bonds, in one or more series, for infrastructure needs of the District ("Final Judgment"). The Tenth Judicial Circuit ofFlorida, in and for Polk County, Florida, has entered a Certificate ofNo Appeal certifying that no notice of appeal has been filed or taken by any party or other person from the Final Judgment.
Capital Improvement Plan I Master Bonds & Assessments
In September 2022, the District authorized the construction and/or financing of its master capital improvement plan ("CIP"). The CIP includes, among other things, stonnwater management facilities, public roadways, water and wastewater facilities, off-site improvements, amenities and parks, electric and lighting, entry feature, landscaping, and irrigation, and miscellaneous. The CIP is estimated to cost approximately $16,229,400 and is described in more detail in the Woodland Ranch Estates Community Development District Engineer's Report of Capital improvements, dated December 11, 2024 (the "Master Improvement Plan Report").

The District anticipates financing all or a portion of the CIP by the issuance of one or more series of future special assessment bonds ("Master Bonds"). To secure the repayment of such Master Bonds, the District has levied and imposed one or more non-ad valorem debt service special assessment liens ("'Master Assessments") on certain benefitted lands within the District. The Master Assessments are further described in the Master Assessment lvfethodologyfor Woodland Ranch Estates Community Development District. dated September 14, 2022, as supplemented in the Supplemental Assessment Methodology, dated January 21, 2025 (the "Supplemental Assessment Report" and together, the "Master Assessment Report"). A notice of the master assessment lien imposed consistent with the Master Assessment Methodology has been recorded in the Official Records of Polk County. The Master Assessment Report and any reports that supplement it are designed to conform to the requirements of Chapters 170, 190 and 197, Florida Statutes, are not intended to address any other assessments, if applicable, that may be levied by the District, a homeowner's association, or any other unit of government.

Allocation of special assessments is a continuous process until the CIP is completed. As a master series of interrelated improvements, the CIP benefits all developable acres within the District. Once platting has begun, the assessments will be allocated to the assigned properties based on the benefits they receive as set forth herein ("Assigned Properties"). The unassigned properties, defined as property that has not been platted and assigned development rights, will continue to be assessed on a per-acre (equal acreage) basis ("Unassigned Properties"). Eventually the development plan will be completed and the assessments securing each series of bonds will be allocated to the benefitted property within the District. If there are changes to the development plan causing a change in the ultimate number of platted units, a true-up of the assessment(s) will be calculated to determine if a debt reduction or true-up payment is required.

Series 2025 Bonds

The District has authorized the construction and/or acquisition ofits "Series 2025 Project", which comprises the full CIP. On February 4, 2024, the District issued $5,925,000 Woodland Ranch Estates Community Development District (Town of Dundee, Florida) Special Assessment Bonds, Series 2025 (Series 2025 Project), for the purpose of financing a portion of the Series 2025 Project. The amortization schedules for the Series 2025 Bonds are available at the District Manager's Office. The Series 2025 Project is anticipated to cost $16,229,400 and is described in the Master Improvement Plan Report. The Series 2025 Project includes improvements related to offsite improvements, stormwater management facilities, utilities (water, sewer, reclaim, and street lighting), public roadways, entry feature, parks and recreational facilities, and related miscellaneous improvements.
The Series 2025 Bonds are secured by non-ad valorem special assessments levied and imposed as part of the Master Assessments ("Series 2025 Assessments") on all lands within the approximately 124.42 acres comprising the "Series 2025 Assessment Area," which comprises all benefitted property within the District. The Series 2025 Assessments are further described in the Supplemental Assessment Report. It is anticipated that the Series 2025 Assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes, for platted lots and directly collected for unplatted property but the assessments may be collected by any other legal means available to the District. Schedules of the annual assessments on benefiting property levied to defray the debt service obligations of the District are summarized provided below and are available for public inspection at the District Manager's Office.
The Series 2025 Assessments described above exclude any operations and maintenance assessments that may be determined and calculated annually by the Board against all benefited lands in the District. A detailed description of all costs and allocations that result in the formulation of assessments, fees and charges is available for public inspection at the District Manager's Office.

The allocation of the Series 2025 Assessments is provided below:

No. of
Product Tl'.ees	Units*	

ERU
Factor	

Total ERUs	

; of Total
ERUs	Total Improvements Costs Per Product
Type	

Improvement Costs Per Unit		
	Single Family - Phase 1	308	1.0	308	89.53%	$14,530,974	$47,178		
	Single Family - Phase 2	36	1.0	36	10.47%	$1,698,426	$47,178		
	Totals	344		344	100.00%	$16,229,400			
*Unit Mix is subject to change based on marketing and other factors.
Operation and Maintenance Assessments
In addition to the debt assessment described above, the District also imposes on an annual basis operations and maintenance assessments ("O&M Assessments"), which are determined and calculated annually by the Board in order to fund the District's annual operations and maintenance budget. O&M Assessments are levied against all benefitted lands in the District and may vary from year to year based on the amount of the District's budget. O&M Assessments may also be affected by the total number of units that ultimately are constructed within the District. The a1location of O&M Assessments is set forth in the resolutions imposing the assessments. Please contact the District Manager's Office for more information regarding the allocation of O&M Assessments.

3

Future Improvements and Assessments

Should the District choose to finance additional portions of its CIP in the future, additional debt assessments may be imposed on property within the District. Such additional assessments will be allocated in a manner consistent with the Master Assessment Methodology.

The District may undertake the construction, acquisition, or installation of other future improvements and facilities, which may be financed by bonds, notes or other methods authorized by Chapter 190, Florida Statutes. Further information regarding any of the improvements can be obtained from the engineer's reports on file in the District Manager's Office. Further, a detailed description of all costs and allocations that result in the formulation of assessments, fees and charges is available for public inspection at the District Manager's Office.
METHODS OF COLLECTION

For any given fiscal year, the District may elect to collect any special assessment for any lot or parcel by any lawful means. The provisions governing the collection of special assessments are more fully set forth in the applicable assessment resolutions, which are on file at the District Manager's Office. That said, and generally speaking, the District may elect to place a special assessment on that portion of the annual real estate tax bill, entitled "non-ad valorem assessments," which would then be collected by the Polk County Tax Collector in the same manner as county ad valorem taxes ("Uniform Method"). Each property owner subject to the collection of special assessments by the Uniform Method must pay both ad valorem and non-ad valorem assessments at the same time. Property owners will, however, be entitled to the same discounts as provided for ad valorem taxes. As with any tax bill, if all taxes and assessments due are not paid within the prescribed time limit, the tax collector is required to sell tax certificates which, if not timely redeemed, may result in the loss of title to the property. The use of the Uniform Method for any given fiscal year does not mean that the Uniform Method will be used to collect assessments in future years, and the District reserves the right in its sole discretion to select a new or different collection method in any given year, regardless of past practices.

Alternatively, the District may elect to collect any special assessment by sending a direct bill to a given landowner. In the event that an assessment payment is not timely made, the whole assessment - including any remaining amounts for the fiscal year as well as any future installments of assessments securing debt service - shall immediately become due and payable and shall accrue interest as well as penalties, plus all costs of collection and enforcement, and shall either be enforced pursuant to a foreclosure action, or, at the District's discretion, collected pursuant to the Uniform Method on a future tax bill, which amount may include penalties, interest, and costs of collection and enforcement. Please contact the District Manager's Office for further information regarding collection methods.

This description of the District's operations, services and financing structure is intended to provide assistance to landowners and purchasers concerning the important role that the District plays in providing infrastructure improvements essential to the development of communities. If you have questions or would like additional information about the District, please write to: Woodland Ranch Estates Community Development District, c/o Jill Bums, 219 E. Livingston Street, Orlando, Florida 32801 Attn: District Manager, Offices: or call (407) 841-5524.

4

IN WITNESS WHEREOF, this Disclosure of Public Financing and Maintenance of Improvements to Real Property Undertaken by the Woodland Ranch Estates Community Development District has been executed to be effective as of the 4th day of February, 2025, and recorded in the Official Records of Polk County, Florida.

WOODLAND RANCH ESTATES COMMUNITY DEVEL9'Pf"IENT l)jSTRICT
:/ J .,', .	,'  f
By:		 ,.		 -	 Ha1sey¢:son

'

/

./'	,	) ·,

I	t	,-

1';V

..t	\,..,_.,,,,

.¥,ice ltairperspn of Board of Supervisors of District

Witness

Print Name
Address:	'-F-ttv U-v a.. 120
W,.;+-e,- tk,v1u<. 1 PL 1JJ$ l..f

Print Name	r	.	-.	Q

e

Address:	41 DO Uo ()ct!	d .
\A.j! YHtY HGtVH\	Ek  ?3 ¥ 4 

STATE OF FLORI A,
COUNTY OF	/ .,_,.·/J...·
The foregoing instrumet)t was acknowledged before me ['"J 1n person or [] by means of remote
notarization this .7.  .< day of {/ti.,,,-->-.,- 2025, by Halsey Carson, as Vice Chairperson of the Woodland
Ranch Estates Community Development District, who [ ] is personally known to me or who E-]1fas produced
, '	'	as identification, and did not take the oath.

N ntl)' Pubiic, State of Florida

lllimiidm'l fAy Commission HH 393321
Expires 511/2027

A

..1,..	Notary Public State of Florida
Karen E Ritchie

Print Name:	l '.'f1(L /.· 1-  1:'l/r1.·'-l
Commission No.:

My Commission Expires: 	

Exhibit A:	District Boundaries

5

EXHIBIT A
District Boundaries
A PARCEL OF LAND LOCATED IN SECTIONS 25 AND 26, TOWNSHIP 28 SOUTH, RANGE 27 EAST, POLK COUNTY, FLORIDA, BEING ALL THE LANDS CONVEYED BY DEED TO WEBINGA DEOBORAH ANN DESCRIBED IN OFFICIAL RECORDS BOOK 10912, PAGE 446 AND ALL THE LANDS CONVEYED BY DEED TO WOODLAND RANCH ESTATES LLC, OFFICIAL RECORDS BOOK 12012, PAGE 550, OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCE AT THE EAST 1/4 CORNER OF SAID SECTION 26; THENCE ALONG THE NORTH LINE OF THE SOUTHWEST 1/4 OF SAID SECTION 25, N88°49'15"E, A DISTANCE OF 72.75 FEET TO THE NORTHEAST CORNER OF LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 10912, PAGE 446, ALSO BEING THE POINT OF BEGINNING;

THENCE ALONG SAID NORTH LINE OF THE SOUTHWEST 1/4 OF SAID SECTION 25, N88°49'15"E, A DISTANCE OF 1240.65 FEET TO THE NORTHEAST CORNER OF THE NORTHWEST l/4 OF THE SOUTHWEST 1/4 OF SECTION 25; THENCE DEPARTING THE NORTH LINE OF THE SOUTHWEST 1/4 OF SAID SECTION 25, ALONG THE WEST LINE OF THE NORTHWEST 1./4 OF THE SOUTHWEST 1/4 OF SAID SECTION 25, SO1°20'2 l"E, A DISTANCE OF 1331.98 FEET TO THE NORTHEAST CORNER OF THE SOUTHWEST 1/4 OF THE SOUTHWEST
1/4 OF SAID SECTION 25; THENCE ALONG THE WEST LINE OF THE SOUTHWEST 1/4 OF THE OF THE SOUTHWEST 1/4 OF SAID SECTION 25, SOI 022'31"E, A DISTANCE OF 540.36 FEET TO THE NORTHERLY LINE OF THE SOUTH 792 FEET; THENCE ALONG SAID NORTHERLY LINE, S87°55'44"W, A DISTANCE OF 280.02 FEET TO THE WESTERLY LINE OF THE EAST 280 FEET; THENCE ALONG SAID WESTERLY LINE, S01°22'31"E, A DISTANCE OF 792.12 FEET TO THE SOUTH LINE OF SAID SECTION 25; THENCE ALONG THE SOUTH LINE OF SAID SECTION 25, S87°55'56"W, A DISTANCE OF 1022.92 FEET TO SOUTHWEST CORNER OF SAID SECTION 25; THENCE DEPARTING THE SOUTHWEST CORNER OF SAID SECTION 25, ALONG THE EAST LINE OF SAID SECTION 26, N01°34'57"W, A DISTANCE OF 671.18 FEET TO THE NORTHEAST CORNER OF TRACT "A" OF THE PLAT OF WALDEN VISTA AS DESCRIBED IN PLAT BOOK 129, PAGES 29-30, PUBLIC RECORDS OF POLK COUNTY, FLORIDA; THENCE DEPARTING THE EAST LINE OF SAID SECTION 26, ALONG THE NORTH LINE OF THE SOUTH 1/2 OF THE SOUTHEAST 1/4 OF THE SOUTHEAST 1/4 OF SAID SECTION 26, S89°30'13"W, A DISTANCE OF 1294.83 FEET TO THE EAST RIGHT-OF-WAY LINE (AS PER OCCUPATION) OF HL SMITH ROAD; THENCE DEPARTING THE NORTH LINE OF THE SOUTH 1/2 OF THE SOUTHEAST 1/4 OF THE SOUTHEAST l/4 OF SAID SECTION 26, ALONG THE EAST RIGHT-OF-WAY LINE (AS PEROCCUPATION)OF SAIDHL SMITH ROAD, N01°19'19"W, A DISTANCE OF 1339.34 FEET TO THE NORTH LINE OF THE SOUTH 1/2 OF THE NORTHEAST 1/4 OF THE SOUTHEAST 1/4 OF SAID SECTION 26; THENCE DEPARTING THE EAST RIGHT-OF-WAY LINE (AS PER OCCUPATION) OF SAID HL SMITH ROAD, ALONG THE NORTH UNE OF THE SOUTH 1/2 OF THE NORTHEAST 1/4 OF THE SOUTHEAST 1/4 OF SAID SECTION 26, N89°22'25"E, A DISTANCE OF 1329.69 FEET; THENCE DEPARTING THE NORTH LINE OF THE SOUTH 1/2 OF THE NORTHEAST 1/4 OF THE SOUTHEAST 1/4 OF SAID SECTION 26, N01°07'31"E, A DISTANCE OF
672.11 FEET TO THE POINT OF BEGINNING.
CONTAINING 114.096 ACRES OF LAND, MORE OR LESS.
A PARCEL OF LAND LOCATED IN SECTION 26, TOWNSHIP 28 SOUTH, RANGE 27 EAST, CITY OF DUNDEE, POLK COUNTY, FLORIDA, BEING ALL THE LANDS CONVEYED BY DEED TO TURNER INVESTMENTS LTD, AS DESCRIBED IN OFFICIAL RECORDS BOOK 10612, PAGE 137,
6

OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCE AT THE NORTHWEST CORNER OF SAID SECTION 26; THENCE ALONG THE NORTH LINE OF SAID SECTION 26, N89°18'29"E, A DISTANCE OF 1325.62 FEET TO THE NORTHEAST CORNER OF THE WEST 1/2 OF THE SE 1/4 OF SAID SECTION 26; THENCE DEPARTING THE NORTH LINE OF SAID SECTION 26, ALONG THE EAST LINE OF THE WEST 1/2 OF THE SE 1/4 OF SAID SECTION 26, SO1°19'19"E, A DISTANCE OF 669.71 FEET TO THE NORTHEAST CORNER OF THE SE 1/4 OF THE NW 1/4 OF THE SE 1/4 OF SAID SECTION 26; THENCE DEPARTING THE EAST LINE OF THE WEST 1/2 OF THE SE 1/4 OF SAID SECTION 26, ALONG THE NORTH LINE OF THE SE 1/4 OF THE NW '1/4 OF THE SE 1/4 OF SAID SECTION 26, S89°22'5l"W, A DISTANCE OF 9.00 FEET TO THE WEST MAINTAINED RIGHT-OF-WAY LINE OF HL SMITH ROAD (VARIABLE-WIDTH RIGHT OF WAY, POLK COUNTY MAINTAINED RIGHT-OF-WAY MAP, M.B. 4, PGS. 182- 190) AND TO THE POINT OF BEGINNING;
THENCE DEPARTING THE NORTH LINE OF THE SE 1/4 OF THE NW 1/4 OF THE SE 1/4 OF SAID SECTION 26, ALONG THE WEST MAINTAINED RIGHT-OF-WAY LINE OF SAID HL SMITH ROAD THE FOLLOWING EIGHT (8) COURSES: 1) S01°19'19"E, A DISTANCE OF 8.89 FEET; 2) S01°19'19"E, A DISTANCE OF 100.00 FEET; 3) S01°53'4l"E, A DISTANCE OF 100.00 FEET; 4) S01°19'19"E, A DISTANCE OF 100.00 FEET; 5) S0l019'19"E, A DISTANCE OF 100.00 FEET; 6) S01°53'4l"E, A DISTANCE OF 100.00 FEET; 7) S01°53'4l"E, A DISTANCE OF 100.00 FEET; 8) S0l053'4l"E, A DISTANCE OF 60.73 FEET TO THE NORTH LINE OF THEN 1/2 OF THE SE 1/4OF THE SE 1/4 OF SAID SECTION 26 AND TO THE NORTH LINE OF THE PLAT OF MABEL LOOP RIDGE, PHASE I, A REPLAT, AS RECORDED IN PLAT BOOK 151, PAGES 15- 19 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA; THENCE DEPARTING THE WEST MAINTAINED RIGHT-OF-WAY LINE OF SAIDHL SMITH ROAD, ALONG THE NORTH LINE OF THEN l/2 OF THE SE 1/4 OF THE SE 1/4 OF SAID SECTION 26 AND THE NORTH LINE OF THE PLAT OF MABEL LOOP RIDGE, PHASE I, A REPLAT, S89°26'19"W, A DISTANCE OF 671.87 FEET; THENCE N0l040'44"W, A DISTANCE OF 668.92 FEET TO THE SOUTHWEST CORNER OF LOT 4, OVERLOOK VIEW, AS RECORDED IN PLAT BOOK 83, PAGE 14 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA; THENCE ALONG THE SOUTH LINE OF OVERLOOK VIEW, N89°22'48"E, A DISTANCE OF 672.43 FEET TO THE POINT OF BEGINNING.
CONTAINING 10.319 ACRES (449415 SQUARE FEET) OF LAND, MORE OR LESS.

7

Section VIII

EMMA® Filing Assistance Software as a Service License Agreement

This EMMA 17iling Assistance oftware as a Service License Agreement (this "Agreement") is entered into by and between the Woodland Ranch Estate Community Development Di trict (the "District") on behalf of itself, its Dissemination Agent and all other Obligated Per ons as defined in the District's outstanding Continuing Disclosure Agreements (collectively, the "Licensee"), and Disclosure Technology Services, LLC, a Delaware limited liability company ("DTS" or the "Licensor"). This Agreement shall be effective as of last day executed below ("Effective Date").
NOW, THEREFORE, for good and adequate consideration, the sufficiency of which is hereby acknowledged, the parties have agreed as follows:

The District is, or may in the future be, a party to one or more Continuing Disclosure Agreements (the "CDA ") in connection with the issuance of bonds or other debt obligations. Pursuant to the CDAs the District and the other Obligated Persons named therein are, or will be, obligated to file certain Annual Reports Quarterly Reports and Listed Event filings (as such terms are defined in the CDAs) electronically through the Municipal Securities Rulemaking Board' Electronic Municipal Market Access ("EMMA") system website within the time periods specified in the CDAs.

Subject to the payment of the fees provided for in "Exhibit A: ·ee Schedule" attached hereto and the terms and conditions provided for in the "EMMA® Filing Assistance oflware End U r License Agreement" located ai dtsmuni.com/about/terms both of which arc hereby incorporated by reference into this Agreement, the Licensor hereby
(i) grants to Licensee a non-exclusive non-transferable non-sublicensable, limited license and right•to access and use the DTS Portal ("Portal") for the purposes provided for herein. The Portal is configured to provide annual and quaiterly notices of reporting deadlines prior to the applicable Annual Filing Date(s) and Quarterly Filing Date(s) set forth in the CDAs (the "Services").

As part of the notices provided by the Portal, links to access to the Portal wilI be made delivered to the District and other Obligated Persons annually and quaiterly, a applicable, via email, which will allow for the District and other Obligated Persons to input the information required for the Annual Reports (excluding the Audited Financial Statements) and the Quarterly Reports under the CDAs, respectively into a reportable format (collectively, the "Formatted Information"). Notwithstanding !his provision or failure to provide such Formatted Information or any Services, the District, and its Dissemination Agent, if any, will remain re ponsible for filing the Formatted Information with EMMA on or before the deadlines provided for in the CDAs. The Portal shall not include any links for Listed Events as defined in the CDAs and all EMMA reporting obligations shall remain the sol.e obligations of the District and the Obligated Persons as set forth in the CDAs if and when a Li led Events report needs to be filed.

This Agreement shall commence on the Effective Date and continue through September 30 of the year in which this Agreement is executed and thereafter shall renew for additional one year terms (based on the District's fiscal year which ends September 30) so long as the District is obligated under any CDAs. Either party may terminate this Agreement upon thirty days prior written notice to the other party hereto. Any fees paid prior to termination shall be considered earned and non-refundable and the Licensor may adjust the fees hereunder upon thb1y days prior written notice to Licensee. Upon the termination of this Agreement, Licensee shall immediately discontinue use of the Po1tal. Licensee's obligations according to the provisions of this Agreement prior to termination shall survive termination of this Agreement. This Agreement is also subject to the terms set forth in Exhibit B.

IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the date below written.

Woodland Ranch Estates Community Development District

Disclosure Technology Services, LLC
By:	--	

By:_..µu,.::	:_:i

Halsey Cars
Date: F

-fll,- -­

Print:  Mic'-ha..;;.e_l--'K_lu_rm-'---a"""n		 Title:  V_ic_eP_r_e=sid=-e_n_t 	 Date:   01_-_22_-_20_2_5		

#51078956 v5

Exhibit A - Fee Schedule

Annual License Fee:

$3,500 per annum per bond series, not to exceed $5,000 per annum.

2025 License Fee for 2024 Bonds paid out of issuance costs.

Exhibit B - CDD Addendum
The following terms apply notwithstanding any other provision of the Agreement (including but not limited to any of the terms incorporated therein from other documents):

PUBLIC RECORDS. DTS understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, DTS agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to section 119.0701, Florida Statutes. DTS acknowledges that the designated public records custodian for the District is the District's Manager ("Public Records Custodian"). Among other requirements and to the extent applicable by law, DTS shall 1) keep and maintain public records required by the District to perform the service; 2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) 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 contract term and following the contract term if DTS does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of the contract, transfer to the District, at no cost, all public records in DTS's possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by DTS, DTS shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats.

IF THE DTS HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO THE DTS'S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS, GMS, Attention: Jill Burns, 219 E
Livingston Street, Orland, FL 32801
LIMITATIONS ON LIABILITY. Nothing in the Agreement shall be deemed as a waiver of immunity or limits of liability of the District beyond any statutory limited waiver of immunity or limits of liability which may have been adopted by the Florida Legislature in section 768.28, Florida Statutes, or other statute or law, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which would otherwise be barred under the Doctrine of Sovereign Immunity or by operation of law.
SCRUTINIZED COMPANIES. DTS certifies that it is not in violation of section 287.135, Florida Statutes, and is not prohibited from doing business with the District under Florida law, including but not limited to Scrutinized Companies with Activities in Sudan List or Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List. If DTS is found to have submitted a false statement, has been placed on the Scrutinized Companies with Activities in Sudan List or the Scrutinized Companies with Activities in the Iran Petroleum Energy Sector List, or has been engaged in business operations in Cuba or Syria, or is now or in the future on the Scrutinized Companies that Boycott Israel List, or engaged in a boycott of Israel, the District may immediately terminate this Agreement.

E-VERIFY. DTS shall comply with and perform all applicable provisions of Section 448.095, Florida Statutes. Accordingly, to the extent required by Florida Statute, DTS shall register 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 and shall comply with all requirements of Section 448.095, Florida Statutes, as to the use of subcontractors. The District may terminate the Agreement immediately for cause if there is a good faith belief that the DTS has knowingly violated Section 448.091, Florida Statutes. By entering into this Agreement, the DTS represents that no public employer has terminated a contract with the DTS under Section 448.095(2)(c), Florida Statutes, within the year immediately preceding the date of this Agreement.

Section IX

Docusign Envelope ID: DAE0559E-A780-4C3A-824B-5727A0AC6BCF

POLK COUNTY PROPERTY APPRAISER
2025 Data Sharing and Usage Agreement

Revised 01/2025
ADA Compliant

This Data Sharing and Usage Agreement, hereinafter referred to as “Agreement,” establishes the terms and conditions

under which the Woodland Ranch Estates Community Development District

hereinafter

referred to as “agency,” can acquire and use Polk County Property Appraiser data that is exempt from Public Records disclosure as defined in FS 119.071.

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

The term of this Agreement shall commence on January 1, 2025, and shall run until December 31, 2025, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew. A new agreement will be provided annually to ensure all responsible parties are aware of and maintain the terms and conditions of this Data Sharing and Usage Agreement.
In witness of their agreement to the terms above, the parties or their authorized agents hereby affix their signatures.

POLK COUNTY PROPERTY APPRAISER

Agency:

Woodland Ranch Estates Community Develop

Signature: 	

Signature: 	

Print: Title: Date:

Neil Combee	 Polk County Property Appraiser	 January 7, 2025	

Print: Title: Date:

	Jill Burns	
District Manager

  3/10/2025	

Please email the signed agreement to pataxroll@polk-county.net.

Section X

Docusign Envelope ID: DAE0559E-A780-4C3A-824B-5727A0AC6BCF
CONTRACT AGREEMENT
This Agreement made and entered into on Monday, January 13, 2025 by and between the Woodland Ranch Estates Community Development District, a local unit of special purpose government of the State of Florida hereinafter referred to as the 'Special District', and Neil Combee, Polk County Property Appraiser, a Constitutional Officer of the State of Florida, whose address is 255 North Wilson Ave., Bartow, FL 33830, hereinafter referred to as the 'Property Appraiser'.
Section 197.3632 Florida Statutes, provides that special assessments of non-ad valorem taxes levied by the Special District may be included in the assessment rolls of the County and collected in conjunction with ad valorem taxes as assessed by the Property Appraiser. Pursuant to that option, the Property Appraiser and the Special District shall enter into an agreement providing for reimbursement to the Property Appraiser of administrative costs, including costs of inception and maintenance, incurred as a result of such inclusion.
The parties herein agree that, for the 2025 tax year assessment roll, the Property Appraiser will include on the assessment rolls such special assessments as are certified to her by the Woodland Ranch Estates Community Development District.
The term of this Agreement shall commence on January 1, 2025 or the date signed below, whichever is later, and shall run until December 31, 2025, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew.
The Special District shall meet all relevant requirements of Section 197.3632 & 190.021 Florida Statutes.
The Special District shall furnish the Property Appraiser with up-to-date data concerning its boundaries and proposed assessments, and other information as requested by the Property Appraiser to facilitate in administering the non-ad valorem assessment in question. Specifically, if assessments will be included on the 2025 TRIM Notice, the Special District shall provide proposed assessments no later than Friday, July 11, 2025. The Special District’s assessments shall, as far as practicable, be uniform (e.g. one uniform assessment for maintenance, etc.) to facilitate the making of the assessments by the mass data techniques utilized by the Property Appraiser.
The Special District shall certify to the Property Appraiser the Special District’s annual installment and levy no later than Monday, September 15, 2025. The Property Appraiser shall, using the information provided by the Special District, place the Special District’s non ad-valorem special assessments on properties within the district for inclusion on the 2025 tax roll.
The Property Appraiser shall be compensated by the Special District for the administrative costs incurred in carrying out this Agreement at the rate of 1% of the amount levied on the TRIM Notice or if the TRIM Notice is not used, the rate shall be 1% of the amount levied on the 2025 tax roll. For the TRIM Notice, the Property Appraiser will require payment on or before Monday, September 15, 2025 for processing within the Property Appraiser budget year (October 1st – September 30th).
If the actual costs of performing the services under this agreement exceed the compensation provided for in Paragraph 7, the amount of compensation shall be the actual costs of performing the services under this agreement.
If tax roll corrections are requested by the Special District, the Property Appraiser shall be compensated by the Special District for the administrative costs incurred at the rate of $5.00 for each tax roll correction exceeding ten (10) corrections per tax
year.
The Special District shall indemnify and hold harmless, to the extent permitted by Florida law and without waiving its right of any applicable sovereign immunity, the Property Appraiser and all respective officers, employees, agents and instrumentalities from any and all liability, losses or damages, including attorneys' fees and costs of defense, which the Property Appraiser and all respective officers, employees, agents or instrumentalities may incur as a result of claims, demands, suits, causes of actions or proceedings of any kind or nature arising out of, relating to or resulting from the negligent or intentional acts or omissions of the Special District or its employees, agents, servants, partners, principals, or subcontractors arising out of, relating to, or resulting from the performance of the Agreement. The Special District shall pay all claims and losses in connection therewith and shall investigate and defend all claims, suits or actions of any kind or nature in the name of the Property Appraiser where applicable, including appellate proceedings, and shall pay all costs, judgments, and attorneys' fees which may issue thereon.

EXECUTED By:

Neil Combee
Polk County Property Appraiser By:

Special District Representative
 Jill Burns	
Print name
District Manager	3/10/2025

Title	Date

Neil Combee, Property Appraiser

Section XI

Section C

Section 1

Woodland Ranch Estates
Community Development District

Bill to:
Woodland Ranch Estates, LLC 4900 Dundee Rd
Winter Haven, FI..33884

Funding Request #17
November 18,2024

Payee	General Fund FY25

2	Governmental Management Services
Invoice# 16 - Management fees - November 2024	$	3,375.72

$	3,375.72

.	•.	'  ''	'',	.	•	'	.

•	.'·. ,,  •	,•.- •'. J	'	',"	'
'

	Total:	$	3,375.72 

Please make check payable to:

Woodland Ranch Estates 6200 Lee Vista Blvd, Suite 300 Orlando, FL32822

Woodland Ranch Estates
Community Development District

Bill to:
Woodland Ranch Estates, LLC
4900 Dundee Rd
Winter Haven, FL 3 3 884

Funding Request #18
January 24,2025

Payee	General Fund FY25

1	Governmental Management Services		
Invoice# 17- Management fees-December 2024	$	3,378.22	
Invoice# 18- Management fees - January 2025	$	3,377.50	
2	Kilinski I Van Wyk, PLLC
Invoice# 10854 - General Counsel - October 2024	
$	77.00	
Invoice# 11061- General Counsel- November 2024	$	1,785.57	
Invoice# 11290 - General Counsel - December 2024	$	1,159.50	
3	Hunter Engineering Inc		
Invoice #22388 - Engineering Service - November 2024	$125.00	
	
$	9,902.79	

  Total:	$	9,902.79 

Woodland Ranch Estates
Community Development District

Bill to:
Woodland Ranch Estates, LLC 4900 Dundee Rd
Winter Haven, FL 33884

Funding Request #19
February 25,2025

Payee	General Fund FY25

Governmental Management Services
Invoice #20 - Management fees - February 2025	$	3,375.72

Kilinski I Van Wyk, PLLC
Invoice# 11579 - General Counsel-January 2025	$	502.50
Image Master
Invoice# 67314- Printing	$	250.00
$	4,128.22
--  					-           --                  -'I   I	I	-	•	-	-		_J
  Total:	$	4,128.22 
Please make check payable to:
Woodland Ranch Estates

Section 2

Woodland Ranch Estates
Community Development District

Bill to:
Woodland Ranch Estates, LLC 4900 Dundee Rd
Winter Haven, FL 33884

Funding Request #20
March 17,2025

Payee	General Fund FY25

Governmental Management Services
Invoice #21- Management fees - March 2025

Kilinski I Van Wyk, PLLC
Invoice# 11793 - General Counsel -February 2025

$	3,375.72

$	602.25

$	3,977.97

  Total:	$	3,977.97 

Please make check payable to:

Woodland Ranch Estates
6200 Lee Vista Blvd, Suite 300
Orlando, FL 32822

KVI	INVOICE
Invoice# 11793

KIJLINSKI I VANWYK J

I

315
Kilinski	Van Wyk PLLC

Date: 03/17/2025 Due On: 04/16/2025

P.O. Box 6386
Tallahassee, Florida 32314

Woodland Ranch Estates CDD 219 East Livingston Street Orlando, FL 32822

Woodland Ranch Estates COD - 01 General

L
a®		

Type	Attorney	Date	
Notes	Quantity	Rate	Total	
Service	AH	02/04/2025	Confer with Ham regarding agenda items.	0.20	$205.00	$41.00	
Service	AH	02/07/2025	Prepare disclosure of public financing.	0.90	$205.00	$184.50	
Service	LG	02/13/2025	Review and revise disclosure of public finance; confirm status of document recording and board vacancy.	0.50	$385.00	$192.50	
Service	JK	02/24/2025	Coordinate with district manager on budget questionnaire and information to inform FY2025-2026 budget documents.	0.10	$395.00	$39.50	
Service	AH	02/26/2025	Prepare recording of disclosure of public financing.	0.30	$205.00	$61.50	
Expense	KB	02/28/2025	Simplifile Recording: Disclosure of Public Financing.	1.00	$83.25	$83.25	

Total	$602.25 •

Detailed Statement of Account

Other Invoices

Invoice Number	Due On	Amount Due	Payments Received	Balance Due

Invoice# 11793 - 03/17/2025

11579	03/20/2025	$502.50	$0.00	$502.50 f e.,t:L l	
Current Invoice					
Invoice Number	Due On	Amount Due	Payments Received	Balance Due	
11793	04/16/2025	$602.25	$0.00	$602.25 •	

Outstanding Balance Total Amount Outstanding

$1,104.75
$1,104.75

By_.

Please make all amounts payable to: Kilinski I Van Wyk PLLC Please pay within 30 days.

GMS-Central Florida, LLC-+"I
1001 Bradford Way
Kingston, TN 37763

Invoice

BUI To:
Woodland Ranch Estates COD 219 E. Livingston St.
Orlando, FL 32801

Invoice#: 21
Invoice Date: 3/1/25
Due Date: 3/1/25
case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

ManagemenfFees - March 2025 - 11.fp Website Administration - March 2025 - 1.S;a lnformatlonTechnok1g,y March 2025 1)i \
eiesemlnatlon Agent ic;es • March 2025 • \) '.

I		3,125.00
100.00
150.00
4.tS.67.	..	a:12s:oo
100.00
.·.	150.00
4t6$7	
			
Total	$3,791:67
Payments/Credits	$0.00
Balance Due	$3,791.67

Section 3

Woodland Ranch Estates
Community Development District

Unaudited Financial Reporting
February 28, 2025

Table of Contents

	Balance Sheet

	General Fund

	Debt Service Fund - S2025

	Capital Projects Fund - S2025

	Month to Month

	Long Term Debt Schedule

Woodland Ranch Estates
Community Development District Combined Balance Sheet February 28, 2025

	General Fund	Debt Service Fund	Capital Projects Fund	Totals Governmental Funds	

Assets:
Operating Account Due From Developer Investments:
Series 2025 Reserve Interest
Cost of Issuance	

$	5,120
$	4,128

$	-
$	-
$	-	

$	-
$	-

$	412,794
$	79,520
$	-	

$	-
$	-

$	-
$	-
$	100	

$	5,120
$	4,128

$	412,794
$	79,520
$	100	
Total Assets	$	9,248	$	492,314	$	100	$	501,662	

Liabilities:
Accounts Payable	

$	4,730	

$	-	

$	-	

$	4,730	
Total Liabilities	$	4,730	$	-	$	-	$	4,730	

Fund Balances:
Restricted for: Debt Service Capital Projects
Unassigned	

$	-
$	-
$	4,518	

$	492,314
$	-
$	-	

$	-
$	100
$	-	

$	492,314
$	100
$	4,518	
Total Fund Balances	$	4,518	$	492,314	$	100	$	496,931	
					
Total Liabilities & Fund Balance	$	9,248	$	492,314	$	100	$	501,662	

Woodland Ranch Estates
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues					
Developer Contributions	$	294,510	$	27,167	$	27,167	$	-	
Total Revenues	$	294,510	$	27,167	$	27,167	$	-	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	5,000	$	-	$	5,000	
Engineering	$	15,000	$	6,250	$	125	$	6,125	
Attorney	$	25,000	$	10,417	$	4,127	$	6,290	
Annual Audit	$	4,000	$	-	$	-	$	-	
Assessment Administration	$	5,000	$	-	$	-	$	-	
Arbitrage	$	450	$	-	$	-	$	-	
Dissemination	$	5,000	$	-	$	-	$	-	
Trustee Fees	$	4,100	$	-	$	-	$	-	
Management Fees	$	37,500	$	15,625	$	15,625	$	-	
Information Technology	$	1,800	$	750	$	750	$	-	
Website Administration	$	1,200	$	500	$	500	$	-	
Postage & Delivery	$	1,000	$	417	$	2	$	415	
Insurance	$	5,000	$	5,000	$	5,200	$	(200)	
Copies	$	1,000	$	417	$	250	$	167	
Legal Advertising	$	20,000	$	8,333	$	1,010	$	7,323	
Contingency	$	5,000	$	2,083	$	204	$	1,880	
Office Supplies	$	625	$	260	$	5	$	255	
Travel Per Diem	$	660	$	275	$	-	$	275	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	144,510	$	55,502	$	27,973	$	27,529	
Operations & Maintenance Field Expenditures Contingency	

$	150,000	

$	62,500	

$	-	

$	62,500	
Subtotal Field Expenditures	$	150,000	$	62,500	$	-	$	62,500	
					
Total Expenditures	$	294,510	$	118,002	$	27,973	$	90,029	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	(806)		
					
Fund Balance - Beginning	$	-		$	5,324		
					
Fund Balance - Ending	$	-		$	4,518		

Woodland Ranch Estates
Community Development District Debt Service Fund - Series 2025
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

Variance

Thru 02/28/25	Thru 02/28/25

Budget

Actual

Prorated Budget

Proposed

Revenues:

Interest

$	-	$

-	$	-	$	-

Total Revenues	$	-	$	-	$	-	$	-

Expenditures:
Interest Expense - 11/01 Principal Expense - 05/01 Interest Expense - 05/01

$	-	$
$	-	$
$	-	$

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

Total Expenditures	$	-	$	-	$	-	$	-

Other Financing Sources:
Bond Proceeds

$	-	$

-	$	492,314

$	492,314

Fund Balance - Ending	$	-	$	492,314

Fund Balance - Beginning	$	-	$	-

Excess Revenues (Expenditures)	$	-	$	492,314

Total Other Financing Sources (Uses)	$	-	$	-	$	492,314	$	492,314

Woodland Ranch Estates
Community Development District Capital Projects Fund - Series 2025
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

Variance

Thru 02/28/25

Thru 02/28/25

Budget

Actual

Prorated Budget

Adopted

Revenues:

Developer Contributions Interest

$	-	$
$	-	$

-	$	459,741
-	$	595

$	459,741
$	595

Total Revenues	$	-	$	-	$	460,336	$	460,336

Expenditures:

Capital Outlay
Capital Outlay - Cost Of Issuance

$	-	$
$	-	$

-	$	5,579,048
-	$	313,875

$	(5,579,048)
$	(313,875)

Other Financing Sources/(Uses)

Bond Proceeds

$

-

$

-

$	5,432,686

$	5,432,686

Fund Balance - Ending	$	-	$	100

Fund Balance - Beginning	$	-	$	-

Net Change in Fund Balance	$	-	$	100

Total Other Financing Sources (Uses)	$	-	$	-	$	5,432,686	$	5,432,686

Excess (Deficiency) of Revenues over Expenditures	$	-	$	-	$	(5,432,586)	$	6,353,259

Total Expenditures	$	-	$	-	$	5,892,923	$	(5,892,923)

Woodland Ranch Estates
Community Development District Month to Month

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

Revenues		
Developer Contributions	$	5,200	$	7,936	$	-	$	9,903	$	4,128	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	27,167	
Total Revenues	$	5,200	$	7,936	$	-	$	9,903	$	4,128	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	27,167	

Expenditures:							
Administrative							
Supervisor Fees	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Engineering	$	-	$	125	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	125	
Attorney	$	77	$	1,786	$	1,160	$	503	$	602	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	4,127	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Assessment Administration	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Dissemination	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Trustee Fees	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Management Fees	$	3,125	$	3,125	$	3,125	$	3,125	$	3,125	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	15,625	
Information Technology	$	150	$	150	$	150	$	150	$	150	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	750	
Website Maintenance	$	100	$	100	$	100	$	100	$	100	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	500	
Postage & Delivery	$	-	$	1	$	1	$	-	$	1	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2	
Insurance	$	5,200	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,200	
Copies	$	-	$	-	$	-	$	250	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	250	
Legal Advertising	$	1,010	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,010	
Contingency	$	40	$	40	$	40	$	40	$	43	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	204	
Office Supplies	$	-	$	0	$	3	$	3	$	0	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5	
Travel Per Diem	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative:	$	9,877	$	5,326	$	4,578	$	4,170	$	4,021	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	27,973	

Operations & Maintenance							
Field Services							
Contingency	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Subtotal Field Expenses	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
							
Total Expenditures	$	9,877	$	5,326	$	4,578	$	4,170	$	4,021	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	27,973	
							
Excess Revenues (Expenditures)	$	(4,677)	$	2,609	$	(4,578)	$	5,733	$	107	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	(806)	

Woodland Ranch Estates
Community Development District Long Term Debt Report

Series 2025, Special Assessment Revenue Bonds	
Interest Rate:	4.650%, 5.550%, 5.750%	
Maturity Date:	5/1/2055	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$412,794	
Reserve Fund Balance	$412,794	
Bonds Outstanding - 02/04/25	$5,925,000	
Current Bonds Outstanding	$5,925,000