Ridge at Apopka Community Development District Meeting Agenda April 22, 2025 AGENDA Ridge at Apopka Community Development District 219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526 April 15, 2025 Board of Supervisors Ridge at Apopka Community Development District Dear Board Members: The meeting of the Board of Supervisors of the Ridge at Apopka Community Development District will be held Tuesday, April 22, 2025 at 3:00 p.m. at the Offices of GMS-CF, 219 E. Livingston Street, Orlando, Florida. Following is the advance agenda for the regular meeting: 1. Roll Call 2. Public Comment Period 3. Approval of Minutes of the December 17, 2024 Meeting 4. Ratification of First Amendment to Acquisition Agreement (2022 Project) 5. Consideration of Resolution 2025-03 Approving the Proposed Fiscal Year 2026 Budget and Setting a Public Hearing 6. Discussion of Letter Regarding Stormwater System Operation and Maintenance 7. Consideration of Resolution 2025-04 Amending Resolution 2022-11 To Adopt a Revised Assessment Roll, Relating to the District’s Special Assessment Bonds, Series 2022 A. Consideration of Supplemental Declaration of Consent B. Consideration of Notice to Bondholders 8. Staff Reports A. Attorney B. Engineer C. District Manager’s Report i. Approval of Check Register ii. Balance Sheet and Income Statement D. Field Manager’s Report 9. Other Business 10. Supervisor’s Requests 11. Adjournment The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please contact me. Sincerely, George S. Flint George S. Flint District Manager Cc: Jere Earlywine, District Counsel John Prowell, District Engineer Enclosures MINUTES MINUTES OF MEETING RIDGE AT APOPKA COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Ridge at Apopka Community Development District was held on Tuesday, December 17, 2024 at 11:00 a.m. at the Offices of GMS – CF, LLC at 219 E. Livingston Street, Orlando, Florida. Present and constituting a quorum were: Ernesto Mitsumasu by phone Chairman Craig Perry Vice Chairman Dean Perry Assistant Secretary Andrew Hall Assistant Secretary Kevin Walsh Assistant Secretary Also present were: George Flint District Manager Jere Earlywine by phone District Counsel John Prowell District Engineer Jarett Wright Field Manager FIRST ORDER OF BUSINESS Roll Call Mr. Flint called the meeting to order and called the roll. Four Board members were in attendance constituting a quorum. Mr. Mitsumasu joined by phone. SECOND ORDER OF BUSINESS Public Comment Period Mr. Flint stated there were no members of the public present. THIRD ORDER OF BUSINESS Organizational Matters A. Administration of Oaths of Office to Newly Elected Board Members Mr. Flint administered the oath of office to Mr. Hall. Mr. Mitsumasu will be sworn in at a later time. B. Consideration of Resolution 2025-01 Canvassing and Certifying the Results of the Landowner’s Election December 17, 2024 Ridge at Apopka CDD 2 Mr. Flint stated the Board sits as the canvassing Board for purposes of certifying the election results. Mr. Mitsumasu received 110 votes, Mr. Dean Perry received 110 votes and Mr. Hall received 109 votes. Mr. Mitsumasu and Mr. Dean Perry will serve four-year terms and Mr. Hall will serve a two-year term. On MOTION by Mr. Craig Perry, seconded by Mr. Dean Perry, with all in favor, Resolution 2025-01 Canvassing and Certifying the results of the Landowner’s Election, was approved. C. Election of Officers Mr. Flint stated statutes require each time there is an election, the Board is required to elect officers. D. Consideration of Resolution 2025-02 Electing Officers Mr. Flint stated Mr. Mitsumasu is Chair, Craig Perry is Vice Chair, and the other three Board members are Assistant Secretaries, George Flint is Secretary, Richard Hans is Assistant Secretary, Jill Burns is Treasurer, Katie Costa, Darrin Mossing, Sr., and Patty Powers are Assistant Treasurers. On MOTION by Mr. Craig Perry, seconded by Mr. Dean Perry, with all in favor, Resolution 2025-02 Electing Officers – Keeping the Current Officers, was approved. FOURTH ORDER OF BUSINESS Approval of Minutes of the August 27, 2024 Board of Supervisors Meeting and Acceptance of Minutes of the November 5, 2024 Landowners’ Meeting Mr. Flint presented the minutes from the August 27, 2024 Board of Supervisors meeting and asked for acceptance of the minutes from the November 5, 2024 landowners meeting. He asked for any comments or corrections. On MOTION by Mr. Craig Perry, seconded by Mr. Dean Perry, with all in favor, the Minutes of the August 27, 2024 Board of Supervisors Meeting were approved as presented, and the Minutes from the November 5, 2024 Landowners’ Meeting, were accepted. FIFTH ORDER OF BUSINESS Ratification of Agreement with Grau & Associates to Provide Auditing Services for the Fiscal Year 2024 December 17, 2024 Ridge at Apopka CDD 3 Mr. Flint stated he executed the agreement with Grau & Associates for auditing services for FY24 and asked for ratification. On MOTION by Mr. Craig Perry, seconded by Mr. Dean Perry, with all in favor, the Agreement with Grau & Associates to Provide Auditing Services for the Fiscal Year 2024, was ratified. SIXTH ORDER OF BUSINESS Ratification of Non-Ad Valorem Assessment Administration Agreement with Orange County Property Appraiser Mr. Flint stated this is to collect the assessments on the tax bill. On MOTION by Mr. Craig Perry, seconded by Mr. Dean Perry, with all in favor, the Non-Ad Valorem Assessment Administration Agreement with Orange County Property Appraiser, was ratified. SEVENTH ORDER OF BUSINESS Consideration of Amendment to Agreement for Aquatic Management Services Mr. Wright presented a color-coded map (pg. 64 of agenda) of how the aquatic management services will go in the future. The orange areas are ready for maintenance. To add these areas to the contract it would be an extra $325 per month bringing the total for the year for just the orange ponds to $12,300. The two purple ponds are expected to be on this fiscal year coming up and will be $250 per month. The three orange ponds on the left are currently dry. He recommended approving the total cost but he will go back to the vendor to add the three dry ponds as an a la carte option so when they have water, the vendor would come out. If not, they would go with the discing plan going forward just for the three ponds by the apartment. Mr. Flint noted once the ponds are ready and have been turned over, they have pricing so we will bring this back and have the amendment ratified. EIGHTH ORDER OF BUSINESS Staff Reports A. Attorney Mr. Earlywine had nothing to report. B. Engineer Mr. Prowell had nothing to report. C. District Manager’s Report i. Approval of Check Register December 17, 2024 Ridge at Apopka CDD 4 Mr. Flint presented the check register from September 1st through November 30th totaling $45,452.42. He offered to take any questions on the check register. On MOTION by Mr. Craig Perry, seconded by Mr. Dean Perry, with all in favor, the Check Register totaling $45,452.42, was approved. ii. Balance Sheet and Income Statement Mr. Flint presented the unaudited financials through the end of November. No action is required. Mr. Craig Perry had some questions regarding the financial statements. Mr. Flint will get a call set up with Patti Powers and Mr. Craig Perry to go through those. D. Field Manager Mr. Wright presented the Field Manager’s Report on page 60 of the agenda package. A Board member asked about the invoice on a light fixture damaged by work done by McCraney. A sidewalk was damaged as well. Mr. Dean suggested they connect with McCraney to get them to solve all of these problems. Mr. Flint noted District Counsel may need to send McCraney a letter. NINTH ORDER OF BUSINESS Other Business Mr. Flint asked for any other business to discuss. Hearing no comments, the next item followed. TENTH ORDER OF BUSINESS Supervisor’s Requests There being no comments, the next item followed. ELEVENTH ORDER OF BUSINESS Adjournment Mr. Flint stated asked for a motion to adjourn. On MOTION by Mr. Craig Perry, seconded by Mr. Dean Perry, with all in favor, the meeting was adjourned. ________________________________ ________________________________ Secretary/Assistant Secretary Chairman/Vice Chairman SECTION IV SECTION V RESOLUTION 2025-03 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE RIDGE AT APOPKA COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2025/2026 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Ridge at Apopka Community Development District (“District”) prior to June 15, 2025, a proposed budget (“Proposed Budget”) for the fiscal year beginning October 1, 2025 and ending September 30, 2026 (“Fiscal Year 2025/2026”); and WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE RIDGE AT APOPKA COMMUNITY DEVELOPMENT DISTRICT: 1. PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2025/2026 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget. 2. SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location: DATE: June 24, 2025 HOUR: 3:00 p.m. LOCATION: Offices of GMS-CF, LLC 219 E. Livingston Street Orlando, FL 32801 3. TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to City of Apopka and Orange County at least 60 days prior to the hearing set above. 4. POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days. 5. PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law. 6. 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. 7. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED THIS 22nd DAY OF APRIL, 2025. ATTEST: RIDGE AT APOPKA COMMUNITY DEVELOPMENT DISTRICT __________________________________ By:_________________________________ Secretary/Assistant Secretary Its:_________________________________ Ridge at Apopka Community Development District Proposed Budget FY 2026 1 2-3 4-5 6-7 8-9 Assessment Schedule Narratives Table of Contents General Fund Debt Service Fund Series 2022 Debt Service Fund Series 2023 Description AFBdYuo2dp0gt2ee5td Ac3tu/a3l1s/ T2h5ru Pro6j Mecotendt hNsext Pro9je/c3t0ed/2 T5hru PFBrYou p2do0gse2et6d REVENUES: SSppeecciiaall AAsssseessssmmeennttss -- ODnir Recotll $ 1 8340,,000857 $ 8814,,090035 $ 48,184 - $ 1 8340,,000857 $ 121017,2,24585 TOTAL REVENUES $ 214,092 $ 165,908 $ 48,184 $ 214,092 $ 318,503 EXPENDITURES: Administrative: ILPPETTBGAAADDDDDnroneiiiirrsaeeunssssfigsnnbulgsonentttseaetiekissrrrureptntalst,riiii mmr aFhAgecccLsneaaleetttmeeoi lgdaigA c rn eCMWLn &tFve&eeiusiaoiene eonn aaR etd DaueBgrnnsbitbneiose tn etiF aiAsbiTdnllnsssgieiiad dvette ieOe&Atnyemcliemsetn ggh rAaShiegeynnnudennoidbrmtstl sC toPFicrnhguerayiabeitsprsiltoigt rciena oOstnifofsinci als Insurance $24 11222556902,,,,,,,,,,,00256678905 1225500000025500000570000000460000005 - 2 24560,,,,,04680 1368900890 400279$03680 1400157 ----- $2 1112680,,,,,,,1255890 690001570 5578000004780005500 ---- $14 11112556801,,,,,,,,,,,01223456807 11300000007905 552790000007880001569 - $124 1112225566000 ,,,,,,,,,,,,,0001256788008 12250000000025000005700000000040040005 TOTAL ADMINISTRATIVE $ 101,555 $ 41,925 $ 43,909 $ 85,834 $ 106,703 Operations & Maintenance Field Operation JIIFLLCPPPERAarnreoliaaoeqneertesnncnnucleiitsdlgddtdttara soCiar sst nMinuDtrmioicceccgiriaaianota seeeMppntnlcnd WreeaSi ac Rno WgeCMiyangleero/samapvtnRhetiainetecnieinirtnresanegssetngn rceavenneccsye $ 116 1234448005 ,,,,,,,,,,0000245000 4 00000030000 00000070000 -- $13 5719 ,,,,0503 0200 0500 --------- $3 111224679,,,,,,,,,000235550 260000000500000000000000 -- $ 117 111229578,,,,,,,,,002355003 260000070000000000500000 -- $ 1 1111120 245770005550 ,,,,,,,,,,,,004550000000 400000000000000000000000000 Total Field Operation $ 112,537 $ 62,825 $ 65,850 $ 128,675 $ 211,800 TOTAL EXPENDITURES $ 214,092 $ 104,750 $ 109,759 $ 214,509 $ 318,503 EXCESS REVENUES (EXPENDITURES) $ - $ 61,158 $ (61,575) $ (417) $ - Ridge at Apopka Community Development District Proposed Budget General Fund Page 1 The District is required to pay an annual fee to Florida Commerce for $175. Information Technology TheDistrictprocessesallofitsfinancialactivities,i.e.accountspayable,financialstatements,etc.onamainframecomputerleasedby Governmental Management Services – Central Florida, LLC. Copies used in the preparation of agenda packages, required mailings, and other special projects. Legal Advertising gTehneerDails ctirriccutlaistiorne.quiredto advertisevarious notices for monthly Boardmeetings andother publichearingsinanewspaperof Website Maintenance uPeserfCuhl wapetbesri2te0s1 r4e-g2a2r,dLianwg CsoomfFplloiarnidcae, iaslsluDeiss.t Trihcitss wmeubsstithea wveilal bwee mbsaiitnetationpedro bvyi dGeMdSe-tCaFil,e LdLiCn faonrdm uaptdioanteodn mthoentChDlyD.aswellaslinksto Telephone bTuhdegDeitsetdr iacmtoisunret qfourir tehde tfiosccaoln ydeuacrt isa nbaasnendu oanl acuodnittraocftietds ffeineasn frcoiamlr tehceo prrdesvbioyuasn yIenadr eepnegnadgeemnteCnet rptliufise danPtuicbipliactAedc cinocurnetainseg.Firm.The Assessment Roll Administration aGdMvSisCoFr,yL sLeCrvpircoevsi.desassessmentservicesforclosinglotsales,assessmentrollserviceswiththelocalTaxCollectorandfinancial Dissemination Agent rTehpeoDrtisintrgi crteqisurireeqmuiernetds bfoyrt uhne-Sreactuerdi tbyonandd isEsxucehsa.ngeCommissiontocomplywithRule15(c)(2)-12(b)(5),whichrelatestoadditional Trustee Fees tTrhuestDeies tarninctuahla fseeis.suedSeries2022andSeries2023bonds,whichwillbeheldandadministeredbyaTrustee.Thisrepresentsthe District Management Fees Due, Licenses & Subscriptions "TMAha"en oaDfg tieshmter eiMcntatnrSeaecgreevimivceeesns-tMC AeagnnrtaergeaemlmFeelnontrt.i,dAac,cLoLuCn.tTinhgeabnuddAgedtmedinaimstoruatnitvfeosretrhveicfiesscaalsypeaarrtisobfaasMedanoangtehmeecnotnAtrgarceteemdefneteswoiuthtliGnevdeirnnEmxehnibtaitl Bank Fees and Other Charges This includes monthly bank charges and any other miscellaneous expenses that incur during the year. New internet and Wi-Fi service for Office. Postage and Delivery Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence. Insurance General Liability iTnhseurDainsctrei ccot'vseGraegnee troa lgoLviaebrinlimtyen&taPl uagbelincciOefsf.i cTihales aLmiaobuinlitt yis Ibnassuerda unpcoenp soilmiciylairs Cwomithmaunqiutya lDifeievdeleonptmityentth Daitsstrpiecctisa.lizesinproviding Printing and Binding Special Assessments-Tax Roll Ridge at Apopka Community Development District Budget Narrative Fiscal Year 2026 REVENUES Annual Audit STmuhepeeetDrinvigsisstro,irrcset v’ saineAwdt ttoohfrenc oDeynis,ttrwraiciclttls M,breaenvpairgeoewvri.doifnaggrgeeenmereanltsleagnaldsreersvoicluetsiotnos,thaenDdisottrhicetr,ir.ee.s,eaattrecnhdaanscseiganneddparsepdairraetciotendfobrymtohnethBlyoaBrodarodf eTxhpeeDndisittruircetsw diullrlienvgy thaeN Foins-cAald YVeaalro.remassessmentonallsoldandplattedparcelswithintheDistrictinordertopayfortheoperating Expenditures - Administrative District Engineering Fees bTohaerdD i smtreiectti'nsgse,n grienveieerw w oifl l ipnrvoovicidese, g aennde r oaltheenrg i snpeeecriifnicgalsleyr v riecqeusetsotedth aessDigisntmriecnt,tsi..e.attendanceandpreparation for monthly District Counsel Fees Page 2 Ridge at Apopka Community Development District Budget Narrative Fiscal Year 2026 Landscape Contingency Pressure washing The District will repair sprinkler heads and other irrigation equipment that can be potentially damaged. The District will pay for the cost of reclaim water provided by the City of Apopka to irrigate the landscaped areas. Maintenance of lake and ponds in district owned and operated areas including border grass & aquatic vegetation control, & treatment, casual debris and trash removal. water testing Irrigation Repairs Reclaimed Water Aquatic Maintenance Pest Control The district will pay for services to remove and prevent unwanted pests. The district will pay for cleanings of the amenity buildings within the community park. Electricity will be provided in the amenity buildings in the community park. Internet will be provided to the amenity buildings in the district. Pressure washing of the sidewalks and amenity buildings. Janitorial services Electricity Internet Expenditures – Operations Represents the onsite management, contract admin and field services. hTohreticDuisltturircatl shearsvicceosn, tarnadc tterdee wpriuthninBgl.ade Runners to maintain landscaping withinits boundaries including turfmaintenance, Field Management Landscape Maintenance Rweoporde scehniptss .landscaping work necessary outside the monthly maintenance to include ferlization, mulching, sande along the lake and Page 3 Description AFBdYuo2dp0gt2ee5td Ac3tu/a3l1s/ T2h5ru Pro6j Mecotendt hNsext Pro9je/c3t0ed/2 T5hru PFBrYou p2do0gse2et6d REVENUES: ISSCPnpprateeerepccrriiyaaaey llFs mAAto Essresswaneertassnsrssidnmm gSeesunnrttpss--luODsnir ( Re1)cotll $ 484745,,461834 --- $ 34 22444825,,,,042368271101 - $ 2302 819,,,038057029 -- $ 345 2324428359,,,,,043686822711129 $ 48 277003,,,005004015 -- TOTAL REVENUES $ 1,320,097 $ 840,133 $ 539,231 $ 1,379,364 $ 1,363,546 EXPENDITURES: IISPnnprttieneecrrciaeeiplss Catt la-- - l01 l0 15-5 //5/00/011011 $ 233033577,,,011055099 - $ 337,159 --- 23 303057,,,001005$009 - $ 233 30330577,,,,001100550099 $ 233133115,,,044088011 - TOTAL EXPENDITURES $ 879,319 $ 337,159 $ 572,159 $ 909,319 $ 877,963 Other Sources/(Uses) Interfund transfer In/(Out) $ - $ - $ - $ - $ - TOTAL OTHER SOURCES/(USES) $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 879,319 $ 337,159 $ 572,159 $ 909,319 $ 877,963 EXCESS REVENUES (EXPENDITURES) $ 440,778 $ 502,974 $ (32,929) $ 470,045 $ 485,583 (1) Carry Forward is Net of Reserve Requirement $ 326,375.00 Ridge at Apopka Community Development District Proposed Budget Debt Service Series 2022 Special Assessment Bonds Interest Due 11/1/26 Page 4 Period OuBtsatlaanndceing Coupons Principal Interest AnSneuravl iDceebt 00000000000000000000000000000111111111111111111111111111111111111111111111111111111111155555555555555555555555555555/////////////////////////////////////////////////////////00000000000000000000000000000000000000000000000000000000001111111111111111111111111111111111111111111111111111111111///////////22222222222223333333333333333333344444444444444444444555550000001111112222233333444444555555666666777777888888999999 $ 1111111111111111111111 11223333445555666677778888889999990000001111111122222222,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,00001111112244445566666666668899991111223344555566778888 8800000000223333445555666677888899990000224444555577888888440000000000000055555555555555555555000000000000555555555555,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 4444444445555555555555555555555555555555555555555555555555..........................................................00000000003333333333333333333355555555555555555557777777770000000000000000000000000000055555555577777777777777777777000000000000000000000000000000000000055555555555555555555%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% 122222222333333444455566677880001111222334444456667778899900000000000555555555555555555,,,,,,,,,,,,,,,,,,,,,,,,,,,,,0000000000000000000000000000000000000000000000000000000000$00000000000000000000000000000 --------------------- $ 11111111111111222222222222222222223333333333333333 22446688000000001122222222333333334444555566667788888899993355556600001111111122222222333344444455556666778899999999,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,11222299000011111122333333334444555566666677777799999999993333333300113333333355555555555555667777777788888888999999888888880000000111111111111111122333333444455556666668888 388888888888888888888888888888466666666666777777777777777777001111111112222222288899999999,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,000011112233333344445555888999011112223333455556677778888889001111122222234555556677777899..............................000000122222233355555555555678000000000000000003355555558888 - Total $ 12,720,000 $ 12,873,863 $ 25,593,863 Ridge at Apopka Community Development District AMORTIZATION SCHEDULE Debt Service Series 2022 Special Assessment Bonds Page 5 Description AFBdYuo2dp0gt2ee5td Ac3tu/a3l1s/ T2h5ru Pro6j Mecotendt hNsext Pro9je/c3t0ed/2 T5hru PFBrYou p2do0gse2et6d REVENUES: ISCnpaterecrriyae lFs Ato Esrswaerasnrsidnm gSesunrtps-luOsn ( R1)oll $ 122377,,180134 1 $ 1104 328,,,749409301 $ 8 24,,510203 - $ 1202 678,,,214401313 $ 121278,,121823 - TOTAL REVENUES $ 364,918 $ 255,134 $ 86,623 $ 341,757 $ 345,395 EXPENDITURES: IIPnnrttineerrceeipssatt l-- - 01 0155///000111 $$ 488599,,,022033088 $ 89,238 -- 4859,,0203$08 - $ 488599,,,022033088 $$ 588088,,,011066099 TOTAL EXPENDITURES $ 223,475 $ 89,238 $ 134,238 $ 223,475 $ 226,338 Other Sources/(Uses) Interfund transfer In/(Out) $ - $ - $ - $ - $ - TOTAL OTHER SOURCES/(USES) $ - $ - $ - $ - $ - TOTAL EXPENDITURES $ 223,475 $ 89,238 $ 134,238 $ 223,475 $ 226,338 EXCESS REVENUES (EXPENDITURES) $ 141,443 $ 165,897 $ (47,615) $ 118,282 $ 119,057 (1) Carry Forward is Net of Reserve Requirement $ 86,981.25 Ridge at Apopka Community Development District Proposed Budget Debt Service Series 2023 Special Assessment Bonds (Parcel 2 Project) Interest Due 11/1/26 Page 6 Period OuBtsatlaanndceing Coupons Principal Interest AnSneuravl iDceebt 000000000000000000000000000000111111111111111111111111111111111111111111111111111111111111555555555555555555555555555555///////////////////////////////////////////////////////////000000000000000000000000000000000000000000000000000000000000111111111111111111111111111111111111111111111111111111111111///////222222222222233333333333333333333444444444444444444445555555000000111111222222333333444444555555666666777777888888999999 $ 11111111111111222222222222222222222222333333333333,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,00000011111111222222333344445555666677778888889999 224466889900111111112233444444445555555566666666667777889999002222228800000000000000000055555555555555555555555555555555000000555,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,00000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 444444444444445555555555555555555555555555555555555555555555............................................................55555555555555555555555555777777777777777777777777777777777700000000000000000000000000555555555555555555555555555555555500000000000000000000000000000000000000000000000000000000000%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%% 111111111111122 445555666778899000112234456789000000555555555000005555555555,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,000000000000000000000000000000000000000000000000000000000000$000000000000000000000000000000 --------------------- $ 1111222233333444444555555666666667777777777888888888888889 660111111112222223333444444455555566667777778888888899999999,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,33111111111111111222222333334455555566777777888899999999999922000001111111223333444444555555666666667777888888888899999955111111111444444444444555555666666666666888899999999999999 222222222222222222222222222222 32222222222222222222222222222224222333344444555555566666666677,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,100011112233344455666777788899910111223333444555555556677888995000000001233333555567777778888...............................60000000000002255555557777777779000000000000000000055555555555 Total $ 3,255,000 $ 3,535,234 $ 6,790,234 Ridge at Apopka Community Development District AMORTIZATION SCHEDULE Debt Service Series 2023 Special Assessment Bonds (Parcel 2 Project) Page 7 Land Use Units ERU Value ERU's % ERU's Net Budget Net Per Unit Gross Per Unit Gross Per Unit Series 2022 Gross Per Unit Series 2023 FY2026 Total FY2025 Total Increase/ (Decrease) Commercial 1 100000 0.5 50 4.03% 12,850.65 $ 0.13 $ 0.14 $ 0.13 $ 0.27 $ 0.30 $ (0.03) $ SF 60' 2 79 1.2 94.8 7.65% 24,364.83 $ 308.42 $ 328.10 $ 851.86 $ 1,035.94 $ 2,215.91 $ 2,107.36 $ 108.55 $ SF 55' 2 79 1.1 86.9 7.01% 22,334.43 $ 282.71 $ 300.76 $ 780.88 $ 947.40 $ 2,029.03 $ 1,929.53 $ 99.50 $ Bungalow 30-35 2 60 0.65 39 3.15% 10,023.51 $ 167.06 $ 177.72 $ 461.43 $ 602.11 $ 1,241.26 $ 1,182.46 $ 58.80 $ TH 20' 2 95 0.4 38 3.07% 9,766.49 $ 102.81 $ 109.37 $ 283.95 $ 513.67 $ 906.99 $ 870.81 $ 36.18 $ MF 3.1 374 0.4 149.6 12.07% 38,449.15 $ 102.81 $ 109.37 $ 360.07 $ 469.44 $ 433.26 $ 36.18 $ Office 3.2 75000 0.5 37.5 3.03% 9,637.99 $ 0.13 $ 0.14 $ 0.13 $ 0.27 $ 0.30 $ (0.03) $ Commercial 3.3 25000 0.5 12.5 1.01% 3,212.66 $ 0.13 $ 0.14 $ 0.13 $ 0.27 $ 0.30 $ (0.03) $ SF 60' 4 70 1.2 84 6.78% 21,589.09 $ 308.42 $ 328.10 $ 1,298.54 $ 1,626.64 $ 1,518.09 $ 108.55 $ Bungalow 30-35 4 98 0.65 63.7 5.14% 16,371.73 $ 167.06 $ 177.72 $ 703.37 $ 881.10 $ 822.30 $ 58.80 $ TH 25' 4 100 0.5 50 4.03% 12,850.65 $ 128.51 $ 136.71 $ 541.06 $ 677.77 $ 632.54 $ 45.23 $ Industrial 5 1500000 0.2 300 24.21% 77,103.90 $ 0.05 $ 0.05 $ 0.12 $ 0.17 $ 0.16 $ 0.01 $ MF 6 304 0.4 121.6 9.81% 31,252.78 $ 102.81 $ 109.37 $ 360.07 $ 469.44 $ 433.26 $ 36.18 $ Commercial 6.1 150000 0.5 75 6.05% 19,275.98 $ 0.13 $ 0.14 $ 0.13 $ 0.27 $ 0.30 $ (0.03) $ SF 60' 9 10 1.2 12 0.97% 3,084.16 $ 308.42 $ 328.10 $ 1,993.03 $ 2,321.13 $ 1,191.11 $ 1,130.02 $ SF 55' 9 10 1.1 11 0.89% 2,827.14 $ 282.71 $ 300.76 $ 1,824.60 $ 2,125.36 $ 1,091.85 $ 1,033.51 $ Bungalow 30-35 9 21 0.65 13.65 1.10% 3,508.23 $ 167.06 $ 177.72 $ 1,122.82 $ 1,300.54 $ 645.19 $ 655.35 $ 1851300 1239.25 100.00% 318,503.38 $ On-Roll 207,255.30 $ Direct Bill 111,248.08 $ O&M Assessments Ridge at Apopka Community Development District Non-Ad Valorem Assessments FY 2026 Page 8 Land Use Units ERU Value ERU's % ERU's Improvement Cost Actual Bonds % Issued Par Debt Per Unit Annual Debt Net Annual Per Unit Gross Annual Per Unit Commercial 1 100000 0.5 50 4.01% 251,413.11 $ 178,730.88 $ 1.38% 1.79 $ 12,097.11 $ 0.12 $ 0.13 $ SF 60' 2 89 1.2 106.8 8.56% 919,040.60 $ 1,052,946.78 $ 8.14% 11,830.86 $ 71,266.99 $ 800.75 $ 851.86 $ SF 55' 2 69 1.1 75.9 6.08% 653,138.41 $ 748,302.08 $ 5.79% 10,844.96 $ 50,647.61 $ 734.02 $ 780.88 $ Bungalow 30-35 2 60 0.65 39 3.13% 335,604.71 $ 384,503.04 $ 2.97% 6,408.38 $ 26,024.46 $ 433.74 $ 461.43 $ TH 20' 2 95 0.4 38 3.05% 326,999.47 $ 374,643.99 $ 2.90% 3,943.62 $ 25,357.17 $ 266.92 $ 283.95 $ MF 3.1 374 0.4 120 9.62% 1,309,443.27 $ 1,870,289.18 $ 14.46% 5,000.77 $ 126,587.47 $ 338.47 $ 360.07 $ Office 3.2 75000 0.5 37.5 3.01% 188,559.83 $ 134,048.15 $ 1.04% 1.79 $ 9,072.83 $ 0.12 $ 0.13 $ Commercial 3.3 25000 0.5 12.5 1.00% 62,853.28 $ 44,682.72 $ 0.35% 1.79 $ 3,024.28 $ 0.12 $ 0.13 $ SF 60' 4 70 1.2 80.4 6.44% 1,054,638.01 $ 1,208,301.03 $ 9.34% 18,034.34 $ 85,443.76 $ 1,220.63 $ 1,298.54 $ Bungalow 30-35 4 98 0.65 81.25 6.51% 1,065,787.79 $ 1,221,075.35 $ 9.44% 9,768.60 $ 64,794.85 $ 661.17 $ 703.37 $ TH 25' 4 100 0.5 38 3.05% 498,460.75 $ 571,087.55 $ 4.42% 7,514.31 $ 50,859.38 $ 508.59 $ 541.06 $ Industrial 5 1500000 0.2 300 24.04% 2,182,405.46 $ 2,500,386.61 $ 19.33% 1.67 $ 169,234.59 $ 0.11 $ 0.12 $ MF 6 304 0.4 151.2 12.12% 1,649,898.53 $ 1,520,235.06 $ 11.75% 5,000.77 $ 102,894.63 $ 338.47 $ 360.07 $ Commercial 6.1 150000 0.5 75 6.01% 377,119.66 $ 268,096.31 $ 2.07% 1.79 $ 18,145.66 $ 0.12 $ 0.13 $ SF 60' 9 10 1.2 18 1.44% 176,658.62 $ 276,795.25 $ 2.14% 27,679.53 $ 18,734.44 $ 1,873.44 $ 1,993.03 $ SF 55' 9 10 1.1 13.2 1.06% 129,549.65 $ 253,403.94 $ 1.96% 25,340.39 $ 17,151.23 $ 1,715.12 $ 1,824.60 $ Bungalow 30-35 9 21 0.65 11.05 0.89% 108,448.76 $ 327,472.07 $ 2.53% 15,593.91 $ 22,164.41 $ 1,055.45 $ 1,122.82 $ 1851300 1247.8 11,290,019.91 $ 12,935,000.00 $ 100.00% 873,500.86 $ Land Use Units ERU Value ERU's % ERU's Improvement Cost Actual Bonds % Issued Par Debt Per Unit Annual Debt Net Annual Per Unit Gross Annual Per Unit TH 20' 2 95 0.4 38 14.69% 572,713.13 $ 572,713.13 $ 20.20% 657,423.73 $ 45,870.71 $ 482.85 $ 513.67 $ Bungalow 30-35 2 60 0.65 39 15.08% 587,784.52 $ 423,993.11 $ 14.95% 486,706.38 $ 33,959.17 $ 565.99 $ 602.11 $ SF 55' 2 79 1.1 86.9 33.59% 1,309,704.49 $ 878,391.63 $ 30.98% 1,008,315.46 $ 70,353.62 $ 890.55 $ 947.40 $ SF 60 2 79 1.2 94.8 36.64% 1,428,768.54 $ 960,487.69 $ 33.87% 1,102,554.43 $ 76,929.00 $ 973.78 $ 1,035.94 $ 313 258.7 100.00% 3,898,970.68 $ 2,835,585.56 $ 100.00% 3,255,000.00 $ 227,112.50 $ Debt Service - Series 2022 Debt Service - Series 2023 Ridge at Apopka Community Development District Non-Ad Valorem Assessments Comparison FY 2026 Page 9 SECTION VI RIDGE AT APOPKA COMMUNITY DEVELOPMENT DISTRICT c/o Governmental Management Services - Central Florida, LLC 219 East Livingston Street Orlando, Florida 32801 _______________, 2025 Rick Sobczak Professional Engineer Division of Regulatory Services/Apopka St. Johns River Water Management District 2501 S Binion Road Apopka, FL 32703 RE: The Ridge PD Parcel 9 IND-095-171240-9 To Whom It May Concern: The Ridge at Apopka Community Development District ("District") is a local unit of specialpurpose government established pursuant to Chapter 190, Florida Statutes, for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District. The District is authorized to finance, fund, plan, establish, acquire, construct or reconstruct, enlarge or extend, equip, operate, and maintain systems, facilities, and basic infrastructures for stormwater management improvements, and any related interest in real or personal property, pursuant to its establishing ordinance and Section 190.012(1)(f), Florida Statutes. As part of the District’s capital improvement plan, the District intends to finance, construct, acquire, operate and maintain the stormwater system (“Stormwater System”) within the Ridge at Apopka development, including the portion of the Stormwater System at issue in the above-referenced permit application. The District acknowledges and agrees that, upon transfer of the Stormwater System from the construction to operation phase, the District will perpetually operate, maintain and fund the Stormwater System. The District agrees to fund such operational and maintenance activities through the annual levy of maintenance special assessments as authorized under Section 190.021(3), Florida Statutes. If you have any questions regarding the District or the District’s intent to operate, maintain and fund the Stormwater System, please do not hesitate to contact me. Sincerely, George Flint District Manager SECTION VII 1 4887-2771-7739.1 RESOLUTION 2025-04 RIDGE AT APOPKA COMMUNITY DEVELOPMENT DISTRICT A RESOLUTION AMENDING RESOLUTION 2022-11 TO ADOPT A REVISED ASSESSMENT ROLL, RELATING TO THE DISTRICT’S SPECIAL ASSESSMENT BONDS, SERIES 2022; AUTHORIZING THE SUPPLEMENTATION OF THE IMPROVEMENT LIEN BOOK; AND PROVIDING FOR CONFLICTS, SEVERABILITY AND AN EFFECTIVE DATE. WHEREAS, the Ridge at Apopka Community Development District (“District”) has previously indicated its intention to undertake, install, establish, construct or acquire certain public improvements and to finance such public improvements through the issuance of bonds secured by the imposition of special assessments on benefited property within the District; and WHEREAS, in connection with the issuance of the District’s Special Assessment Bonds, Series 2022 (“Bonds”), the District’s Board of Supervisors (“Board”) adopted Resolution Nos. 2022-04 and 2022-11 (“Assessment Resolutions”), which levied and imposed special assessments (“Assessments”) to secure the repayment of the Bonds; and WHEREAS, Exhibit B to Resolution 2022-11 is the District’s First Supplemental Assessment Methodology Report, which includes an assessment roll showing the allocation of the Assessments to various parcels within the District; and WHEREAS, consistent with the Assessment Resolutions, and due to changes in the project development plan, the District desires to adopt a revised assessment roll setting forth the assessments, as reallocated to account for such changes in the development plan, and as set forth in the (Revised) Exhibit B attached hereto; and WHEREAS, the District’s Board of Supervisors finds that the Assessments, as reallocated set forth in (Revised) Exhibit B, are supported by sufficient benefit from the District’s “2022 Project” and are fairly and reasonably allocated; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE RIDGE AT APOPKA COMMUNITY DEVELOPMENT DISTRICT AS FOLLOWS: 1. INCORPORATION OF RECITALS. All of the above representations, findings and determinations contained above are recognized as true and accurate and are expressly incorporated into this Resolution. 2. AUTHORITY FOR THIS RESOLUTION. This Resolution is adopted pursuant to the provisions of Florida law, including Chapters 170, 190 and 197, Florida Statutes, and the Assessment Resolutions. 3. ADOPTION OF REVISED DEBT ASSESSMENT ROLL. The Board hereby adopts the revised debt assessment roll, set forth in (Revised) Exhibit B attached hereto. 2 4887-2771-7739.1 4. IMPROVEMENT LIEN BOOK. The Assessments as reflected in (Revised) Exhibit B shall be recorded by the Secretary of the Board in the District’s Improvement Lien Book. The Assessments shall be and shall remain a legal, valid and binding first lien against all benefitted property as described in (Revised) Exhibit B until paid and such lien shall be coequal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims. 5. CONFLICTS. This Resolution is intended to supplement the Assessment Resolutions, which otherwise remain in full force and effect. 6. SEVERABILITY. If any section or part of a section of this Resolution is declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this Resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this Resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional. 7. EFFECTIVE DATE. This Resolution shall become effective upon its adoption. [CONTINUED ON NEXT PAGE] 3 4887-2771-7739.1 APPROVED and ADOPTED this ___ day of _________________, 2025. ATTEST: RIDGE AT APOPKA COMMUNITY DEVELOPMENT DISTRICT ______________________________ ________________________________________ Secretary Chairperson (Revised) Exhibit B: Revised Assessment Roll for First Supplemental Special Assessment Methodology Report SECTION A This instrument was prepared by: Jere Earlywine Kutak Rock LLP 107 W. College Ave. Tallahassee, Florida 32301 RIDGE AT APOPKA COMMUNITY DEVELOPMENT DISTRICT SUPPLEMENTAL1 DECLARATION OF CONSENT KS Apopka Centerline Development, LLC, a Florida limited liability company, together with its successors and assigns (together, “Landowner”), represents that it is the owner of 100% of the developable land described in Exhibit A attached hereto and made a part hereof (“Property”), and further declares, acknowledges and agrees as follows: 1. The Ridge at Apopka Community Development District (“District”) is, and has been at all times, on and after September 8, 2021, a legally created, duly organized, and validly existing community development district under the provisions of Chapter 190, Florida Statutes, as amended (“Act”). Without limiting the generality of the foregoing, the Landowner acknowledges that: (a) the petition filed with the City Council of the City of Apopka, Florida (“City”), relating to the creation of the District contained all matters required by the Act to be contained therein and was filed in the manner and by the persons required by the Act; (b) City Ordinance No. 2859, effective as of September 8, 2021, as amended from time to time, was duly and properly enacted by the City in compliance with all applicable requirements of law; and (c) the members of the Board of Supervisors of the District were duly and properly designated pursuant to the Act to serve in their capacities, and had the authority and right to authorize, approve and undertake all actions of the District approved and undertaken from September 8, 2021, to and including the date of this Declaration. 2. The Landowner understands and acknowledges that the District has adopted Resolution Nos. 2022-04, 2022-11 and 2025-___ (collectively, “Assessment Resolutions”) that levied and imposed debt service special assessment liens on the Property (together, “Assessments”). Such Assessments, which may include “true-up” payments pursuant to the terms of the Assessment Resolutions, are legal, valid and binding first liens upon the Property, coequal with the lien of all state, county, district and municipal taxes, and superior in dignity to all other liens, titles and claims, until paid. 3. The Landowner hereby expressly acknowledges, represents and agrees that: (i) the Assessments (including any “true-up” payments), the Assessment Resolutions, and the terms of the financing documents related to the District’s issuance of its Special Assessment Bonds, Series 2022, or securing payment thereof (“Financing Documents”), are, to the extent of the Landowner’s obligations thereunder and with respect thereto, valid and binding obligations enforceable in accordance with their terms; (ii) the Landowner expressly waives and relinquishes any argument, claim or defense that foreclosure proceedings cannot be commenced until one (1) year after the date of the Landowner’s 1 This Supplemental Declaration of Consent supplements that prior Declaration of Consent recorded as Doc #20220341310 in the Public Records of Orange County, Florida, which prior consent remains in full force and effect. The purpose of this supplement is to address the District’s adoption of Resolution 2025-____, which supplemented prior assessment resolutions and in order to address a partial reallocation of Assessments to the Property. default and agrees that, immediate use of remedies in Chapter 170, Florida Statutes, is an appropriate and available remedy, notwithstanding the provisions of Section 190.026, Florida Statutes; and (iii) to the extent Landowner fails to timely pay any special assessments collected by mailed notice of the District, such unpaid special assessments and future special assessments may be placed on the tax roll by the District for collection by the Tax Collector pursuant to section 197.3632, Florida Statutes, in any subsequent year. Further, the Landowner hereby expressly acknowledges, represents and agrees that the Assessments are supported by sufficient benefit from the Series 2022 Project and are fairly and reasonably allocated, regardless of whether any planned contributions are actually made. 4. The Landowner hereby waives the right granted in Section 170.09, Florida Statutes, to prepay the Assessments within thirty (30) days after the improvements are completed, without interest, in consideration of, among other things, rights granted by the District to prepay Assessments in full at any time, or in part up to two times, and in either case with interest, under the circumstances set forth in the resolutions of the District levying such Assessments. 5. This Declaration shall represent a lien of record for purposes of Florida law, including but not limited to Chapter 197, Florida Statutes, and Sections 197.552 and 197.573, Florida Statutes, among others. Other information regarding the Assessments is available from the District’s Manager, c/o Governmental Management Services – Central Florida, LLC, 219 E. Livingston Street, Orlando, Florida 32801. THE DECLARATIONS, ACKNOWLEDGEMENTS AND AGREEMENTS CONTAINED HEREIN SHALL RUN WITH THE PROPERTY DESCRIBED IN EXHIBIT A HERETO AND SHALL BE BINDING ON THE LANDOWNERS AND ON ALL PERSONS (INCLUDING BUT NOT LIMITED TO INDIVIDUALS AS WELL AS CORPORATIONS, ASSOCIATIONS, TRUSTS, AND OTHER LEGAL ENTITIES) TAKING TITLE TO ALL OR ANY PART OF THE PROPERTY, AND THEIR SUCCESSORS IN INTEREST, WHETHER OR NOT THE PROPERTY IS PLATTED AT SUCH TIME. BY TAKING SUCH TITLE, SUCH PERSONS SHALL BE DEEMED TO HAVE CONSENTED AND AGREED TO THE PROVISIONS OF THIS DECLARATION TO THE SAME EXTENT AS IF THEY HAD EXECUTED IT AND BY TAKING SUCH TITLE, SUCH PERSONS SHALL BE ESTOPPED FROM CONTESTING, IN COURT OR OTHERWISE, THE VALIDITY, LEGALITY AND ENFORCEABILITY OF THIS DECLARATION. [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] [SIGNATURE PAGE FOR DECLARATION OF CONSENT] To be effective as of the ___, day of ________________, 2025. WITNESS ________________________________ Name: Address: _____________________________ ____________________________________ KS APOPKA CENTERLINE DEVELOPMENT, LLC ________________________________ Name: Title: ________________________________ Name: Address: _____________________________ ____________________________________ STATE OF _______________ COUNTY OF _____________ The foregoing instrument was acknowledged before me by means of 0 physical presence or 0 online notarization, this _____ day of __________, 2025, by _________________________, as _________________ of KS APOPKA CENTERLINE DEVELOPMENT, LLC, who appeared before me this day in person, and who is either personally known to me, or produced ______________________ as identification. (NOTARY SEAL) ____________________________________ NOTARY PUBLIC, STATE OF ______________ Name:_____________________________ (Name of Notary Public, Printed, Stamped or Typed as Commissioned) EXHIBIT A: Legal Description of Property EXHIBIT A SECTION B NOTICE TO BONDHOLDERS RIDGE AT APOPKA COMMUNITY DEVELOPMENT DISTRICT $12,935,000 Special Assessment Bonds, Series 2022 CUSIP Nos. 76571AAA4, 76571AAB2, 76571AAC0, 76571AAD8 1 On ________________, 2025, the Board of Supervisors for the Ridge at Apopka Community Development District (“District”) adopted Resolution 2025-____, thereby reallocating debt assessments from a prior undeveloped commercial tract and to a future residential tract, and in order to make the debt assessments more consistent across similarly situated residential tracts. Please find enclosed a copy of Resolution 2025-_____, and its attachments, which describe the reallocation. For further information, please contact the District Manager at Governmental Management Services – Central Florida, LLC, 219 E. Livingston Street, Orlando, Florida 32801. 407-841-5524. You may also find further updates on the Municipal Securities Rulemaking Board (MSRB) website at www.emma.msrb.org. RIDGE AT APOPKA COMMUNITY DEVELOPMENT DISTRICT _____________, 2025 1 The District is not responsible for the use of the CUSIP numbers referenced herein nor is any representation made by the District as to their correctness; such CUSIP numbers are included solely for the convenience of the readers of this Notice. SECTION VIII SECTION C SECTION 1 Date check #'s Amount 12/1-12/31 10123-10127 $17,920.20 TOTAL $17,920.20 Ridge at Apopka COMMUNITY DEVELOPMENT DISTRICT Fiscal Year 2025 Check Register AP300R YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER RUN 1/21/25 PAGE 1 *** CHECK DATES 12/01/2024 - 12/31/2024 *** RIDGE @ APOPKA - GENERAL FUND BANK A RIDGE AT APOPKA GF CHECK VEND# .....INVOICE..... ...EXPENSED TO... VENDOR NAME STATUS AMOUNT ....CHECK..... DATE DATE INVOICE YRMO DPT ACCT# SUB SUBCLASS AMOUNT # 12/04/24 00018 11/29/24 18759 202411 320-53800-46800 * 975.00 NOV 24 - POND MAINT AQUATIC WEED MANAGEMENT, INC. 975.00 010123 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 12/04/24 00017 12/01/24 4059726 202412 320-53800-46200 * 6,500.00 DEC 24 - LANDSCAPE MAINT BLADE RUNNERS COMMERCIAL 6,500.00 010124 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 12/04/24 00003 11/22/24 3484117 202410 310-51300-31500 * 264.00 OCT 24 - GENERAL COUNSEL KUTAK ROCK LLP 264.00 010125 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 12/04/24 00008 10/31/24 10282401 202410 310-51300-48000 * 684.50 NOT OF LO & ELECTION MTG ORLANDO SENTINEL 684.50 010126 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 12/18/24 00001 12/01/24 24 202412 310-51300-34000 * 3,333.33 DEC 24 - MGMT FEES 12/01/24 24 202412 310-51300-49500 * 100.00 DEC 24 - WEBSITE ADMIN 12/01/24 24 202412 310-51300-35100 * 150.00 DEC 24 - IT 12/01/24 24 202412 310-51300-31300 * 416.67 DEC 24 - DISSEMINATION 12/01/24 24 202412 310-51300-42500 * .45 DEC 24 - COPIES 12/01/24 25 202412 320-53800-34000 * 1,250.00 DEC 24 - FIELD SERVICES GMS-CENTRAL FLORIDA, LLC 5,250.45 010127 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 12/18/24 00014 8/23/24 7451126 202408 310-51300-32300 * 4,246.25 SER2023 8/1-7/31/25 U.S. BANK 4,246.25 010128 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TOTAL FOR BANK A 17,920.20 TOTAL FOR REGISTER 17,920.20 RAPK RIDGE AT APOPK PPOWERS Date check #'s 123///111---123///233118 111000111233599---111000111334348 Amount $4$$813904,,,118512859...715000 TOTAL $534,103.30 Ridge at Apopka COMMUNITY DEVELOPMENT DISTRICT Fiscal Year 2025 Check Register AP300R YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER RUN 4/14/25 PAGE 1 *** CHECK DATES 01/01/2025 - 03/31/2025 *** RIDGE @ APOPKA - GENERAL FUND BANK A RIDGE AT APOPKA GF CHECK VEND# .....INVOICE..... ...EXPENSED TO... VENDOR NAME STATUS AMOUNT ....CHECK..... DATE DATE INVOICE YRMO DPT ACCT# SUB SUBCLASS AMOUNT # 1/10/25 00018 12/23/24 18899 202412 320-53800-46800 * 975.00 DEC 24 - POND MAINTENANCE AQUATIC WEED MANAGEMENT, INC. 975.00 010129 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/10/25 00017 1/01/25 4059803 202501 320-53800-46200 * 6,500.00 JAN 25 - LANDSCAPE MAINT BLADE RUNNERS COMMERCIAL 6,500.00 010130 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/10/25 00001 1/01/25 26 202501 310-51300-34000 * 3,333.33 JAN 25 - MGMT FEES 1/01/25 26 202501 310-51300-49500 * 100.00 JAN 25 - WEBSITE ADMIN 1/01/25 26 202501 310-51300-35100 * 150.00 JAN 25 - IT 1/01/25 26 202501 310-51300-31300 * 416.67 JAN 25 - DISSEMINATION 1/01/25 26 202501 310-51300-42500 * .60 JAN 25 - COPIES 1/01/25 27 202501 320-53800-34000 * 1,250.00 5JAN 25 - FIELD MGMT GMS-CENTRAL FLORIDA, LLC 5,250.60 010131 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/10/25 00003 12/20/24 3500337 202411 310-51300-31500 * 666.00 NOV 24 - GENERAL COUNSEL KUTAK ROCK LLP 666.00 010132 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/17/25 00003 1/16/25 36723-1 202412 310-51300-31500 * 511.50 DEC 24 - GENERAL COUNSEL KUTAK ROCK LLP 511.50 010133 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1/17/25 00008 12/10/24 OSC10734 202412 310-51300-48000 * 212.00 NOTICE OF MEETING ORLANDO SENTINEL 212.00 010134 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2/11/25 00018 1/31/25 19122 202501 320-53800-46800 * 975.00 JAN 25 - POND MAINT AQUATIC WEED MANAGEMENT, INC. 975.00 010135 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2/11/25 00017 2/01/25 4059865 202502 320-53800-46200 * 6,500.00 FEB 25 - LANDSCAPE MAINT BLADE RUNNERS COMMERCIAL 6,500.00 010136 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2/11/25 00004 2/11/25 02112025 202502 300-20700-10000 * 339,747.11 2022 DEBT SERVICE RIDGE AT APOPKA CDD 339,747.11 010137 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - RAPK RIDGE AT APOPK PPOWERS AP300R YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER RUN 4/14/25 PAGE 2 *** CHECK DATES 01/01/2025 - 03/31/2025 *** RIDGE @ APOPKA - GENERAL FUND BANK A RIDGE AT APOPKA GF CHECK VEND# .....INVOICE..... ...EXPENSED TO... VENDOR NAME STATUS AMOUNT ....CHECK..... DATE DATE INVOICE YRMO DPT ACCT# SUB SUBCLASS AMOUNT # 2/11/25 00005 2/11/25 TAX REC 202502 300-20700-10000 * 141,936.59 TRANSFER TAX REC SER 23 RIDGE AT APOPKA CDD 141,936.59 010138 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/13/25 00018 2/28/25 19284 202502 320-53800-46800 * 725.00 FEB 25 - POND MAINT AQUATIC WEED MANAGEMENT, INC. 725.00 010139 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/13/25 00017 2/18/25 459260 202502 320-53800-46200 * 9,800.00 REMOVE FALLEN TREES 2/18/25 459261 202502 320-53800-46200 * 1,500.00 BUSH HOGGING PONDS 3/01/25 450294 202503 320-53800-46200 * 6,500.00 MAR 25 - LANDSCAPE MAINT BLADE RUNNERS COMMERCIAL 17,800.00 010140 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/13/25 00009 3/03/25 27059 202503 310-51300-32200 * 6,600.00 AUDIT FY2024 GRAU AND ASSOCIATES 6,600.00 010141 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/13/25 00003 2/28/25 3527436 202501 310-51300-31500 * 454.50 JAN 25 - GENERAL COUNSEL KUTAK ROCK LLP 454.50 010142 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 3/13/25 00001 2/01/25 28 202502 310-51300-34000 * 3,333.33 FEB 25 - MGMT FEES 2/01/25 28 202502 310-51300-49500 * 100.00 FEB 25 - WEBSITE ADMIN 2/01/25 28 202502 310-51300-35100 * 150.00 FEB 25 - IT 2/01/25 28 202502 310-51300-31300 * 416.67 FEB 25 - DISSEMINATION 2/01/25 29 202502 320-53800-34000 * 1,250.00 FEB 25 - FIELD MGMT GMS-CENTRAL FLORIDA, LLC 5,250.00 010143 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TOTAL FOR BANK A 534,103.30 TOTAL FOR REGISTER 534,103.30 RAPK RIDGE AT APOPK PPOWERS SECTION 2 Ridge at Apopka Community Development District Unaudited Financial Reporting March 31, 2025 123456789 10 Assessment Receipt Schedule - Direct Assessment Receipt Schedule - On Roll Month to Month Long Term Debt Report Table of Contents Balance Sheet General Fund Debt Service Fund Series 2022 Capital Project Fund Series 2023 Debt Service Fund Series 2023 Capital Project Fund Series 2022 General Debt Service Capital Project Totals Fund Fund Fund Governmental Funds CADDauusOsseehpe ffe:rrtsroo:ammti nCGgoe Annesctrcraoulu Fcntuitonnd $ 19 32,,001946 - $ 3,5 -76 - $ - -- $ 19 332,,,050179466 Investments: Series 2022 CPRRroeeesvnpeesrantvryuuemecetinotn ---- 48 278856,,,449968049 - 2,478 --- 48 278 2856,,,,444979688049 Series 2023 IRRneetsveeerrnevusete --- 111646,,0428 490 --- 111646,,042849 0 Total Assets $ 195,110 $ 1,675,032 $ 2,478 $ 1,872,621 Liabilities: AUDDDDuuuucnceeeeeoa tttturoooonn LGODetaeetsdhnnb PRedeta reorSyvaewalerbnnvlueiecree $$ 1 390,,,050170060 --- $ 5,0 -08 ---- $ 39 30,,04 -1842 --- $ 40 3395,,,,005411790460 -- Total Liabilites $ 22,586 $ 5,008 $ 393,496 $ 421,090 Fund Balance: RUenCDsaaetsprbsiitictg Satneel edrPdv rfoiocrjee: ct $ 172,5 -24 $ 1,670,024 - $ (391,0 -18 -) $ 1 (,63 1779021,,,050221448) Total Fund Balances $ 172,524 $ 1,670,024 $ (391,018) $ 1,451,531 Total Liabilities & Fund Balance $ 195,110 $ 1,675,032 $ 2,478 $ 1,872,621 Ridge at Apopka Community Development District Combined Balance Sheet March 31, 2025 Page 1 Community Development District General Fund Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending March 31, 2025 Adopted Budget PTrhorrua t0e3d/ B3u1d/g2e5t ThruA 0c3tu/a3l1/25 Variance Revenues: SSOpptheeecciiraa Illn AAcssossmeessessmmeennttss -- TDairxe Rctoll $ 1 83 40 ,, 00 08 57 - $ 88 14 ,, 09 00 35 - $ 88 14 ,, 09 00 35 - $ - -- Total Revenues $ 214,092 $ 165,908 $ 165,908 $ - Expenditures: General & Administrative: IILPPETTAAAODDMWnnerontrnreituatfseihsbugslgoonnuensebtiaesirreautstrsaptnlrnmri,egmai a gna hAetLeCeenelaeggieiod y un Acctme&F Mrniv&eeraioue e Ree nnraD tGnedBreniesgiseo etinnieTbtitnnnl sstatFieie d evCte&Ancnereihehggn aarSsnealygnu norLcbgltieosae/cgbsrDyiilpeitvtyieolnospment $ 24 11222556902 ,,,,,,,,,,, 001222555667890500000000025557000000000000045600 $ 12 1112501 ,,,,,,, 0111223567902 0000022255705 0000000055700 --- $ 2 24560 ,,,,, 1345668890 - 40000027990 140000156780 --- $ ( 1166 ,,,, 00123336 800001455 ( 00100024469 -----)) Total General & Administrative $ 101,555 $ 45,197 $ 42,341 $ 2,856 Operations & Maintenance Field Expenditures JIIFFLLPPPERAraniaaelreoeqreneternnursicelcgtittlsdddairt taesaClorn sstuiriMtiirccozm eiccrSiaaona ataeMeeppnttnl idrrW ee aoSavRo WineCMiglaencresopetaavhmensaitiinenctienierratnnsgesng tnceaennccye $ 116 1234448005 ,,,,,,,,,, 00002445000 00000003000 00000007000 -- $ 3 112224570 ,,,,,,,,, 00002225560 00000000150 00000000090 -- $ 13 5719 ,,,, 0503 0200 0500 --------- $ ( 1 ( 11222519 ( ,,,,,,,, 00002256037 00000000017 00500000009 --))) Subtotal Field Expenditures $ 112,537 $ 56,269 $ 62,825 $ (6,557) Total Expenditures $ 214,092 $ 101,466 $ 105,166 $ (3,701) Excess (Deficiency) of Revenues over Expenditures $ - $ 64,443 $ 60,742 $ (3,701) Net Change in Fund Balance $ - $ 64,443 $ 60,742 $ (3,701) Ridge at Apopka Page 2 Community Development District General Fund Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending March 31, 2025 Adopted Budget PTrhorrua t0e3d/ B3u1d/g2e5t ThruA 0c3tu/a3l1/25 Variance Ridge at Apopka Fund Balance - Beginning $ - $ 111,782 Fund Balance - Ending $ - $ 172,524 Page 3 Ridge at Apopka Community Development District Debt Service Fund Series 2022 Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending March 31, 2025 Adopted Budget PTrhorrua t0e3d/ B3u1d/g2e5t ThruA 0c3tu/a3l1/25 Variance Revenues: ISPnprteeepcriaeayslt m AInsescneotssmsmeents - Tax Roll $ 8 27 05 ,, 04 08 04 - $ 3 14 02 ,, 07 00 - $ 3 224482,,,024678011 $ 12 48 ,, 04 68 11 - Total Revenues $ 895,484 $ 352,270 $ 394,812 $ 42,543 Expenditures: IIPnnrttieenrrceeipsstta --l 15- /151//11 $ 233033577,,,011055099 $ 3 7 , 1 5 9 -- $ 3 7 , 1 5 9 -- $ --- Total Expenditures $ 879,319 $ 337,159 $ 337,159 $ - Excess (Deficiency) of Revenues over Expenditures $ 16,165 $ 15,110 $ 57,653 $ 42,543 Other Financing Sources/(Uses): Transfer In/(Out) $ - $ - $ - $ - Total Other Financing Sources/(Uses) $ - $ - $ - $ - Net Change in Fund Balance $ 16,165 $ 15,110 $ 57,653 $ 42,543 Fund Balance - Beginning $ 444,613 $ 1,330,805 Fund Balance - Ending $ 460,778 $ 1,388,458 Page 4 Ridge at Apopka Community Development District Debt Service Fund Series 2023 Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending March 31, 2025 Adopted Budget PTrhorrua t0e3d/ B3u1d/g2e5t ThruA 0c3tu/a3l1/25 Variance Revenues: ISnpteecrieaslt AInssceosmsmeents - Tax Roll $ 2 7 , 1 3 - $ 1 4 2 , 9 0 - $ 1 4 32,,794930 $ 3 , 7 4 3 - Total Revenues $ 227,113 $ 142,990 $ 146,733 $ 3,743 Expenditures: IIPnnrttieenrrceeipsstta --l 15- /151//11 $ 488599,,,022033088 $ 8 9 , 2 3 8 -- $ 8 9 , 2 3 8 -- $ --- Total Expenditures $ 223,475 $ 89,238 $ 89,238 $ - Excess (Deficiency) of Revenues over Expenditures $ 3,638 $ 53,753 $ 57,496 $ 3,743 Other Financing Sources/(Uses): Transfer In/(Out) $ - $ - $ - $ - Total Other Financing Sources/(Uses) $ - $ - $ - $ - Net Change in Fund Balance $ 3,638 $ 53,753 $ 57,496 $ 3,743 Fund Balance - Beginning $ 137,804 $ 224,071 Fund Balance - Ending $ 141,442 $ 281,567 Page 5 Ridge at Apopka Community Development District Capital Projects Fund Series 2022 Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending March 31, 2025 Adopted Budget PTrhorrua 0te3d/ B3u1d/g2e5t ThruA 0c3tu/a3l1/25 Variance Revenues IDnetevreelostp Ienrc Comonetributions $ -- $ -- $ 5 2 - $ 5 2 - Total Revenues $ - $ - $ 52 $ 52 Expenditures: Improvements $ - $ - $ - $ - Total Expenditures $ - $ - $ - $ - Excess (Deficiency) of Revenues over Expenditures $ - $ - $ 52 $ 52 Other Financing Sources/(Uses) Transfer In/(Out) $ - $ - $ - $ - Total Other Financing Sources (Uses) $ - $ - $ - $ - Net Change in Fund Balance $ - $ - $ 52 $ 52 Fund Balance - Beginning $ - $ (391,070) Fund Balance - Ending $ - $ (391,018) Page 6 Ridge at Apopka Community Development District Capital Projects Fund Series 2023 Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending March 31, 2025 Adopted Budget PTrhorrua 0te3d/ B3u1d/g2e5t ThruA 0c3tu/a3l1/25 Variance Revenues IDnetevreelostp Ienrc Comonetributions $ -- $ -- $ -- $ -- Total Revenues $ - $ - $ - $ - Expenditures: Improvements $ - $ - $ - $ - Total Expenditures $ - $ - $ - $ - Excess (Deficiency) of Revenues over Expenditures $ - $ - $ - $ - Other Financing Sources/(Uses) Transfer In/(Out) $ - $ - $ - $ - Total Other Financing Sources (Uses) $ - $ - $ - $ - Net Change in Fund Balance $ - $ - $ - $ - Fund Balance - Beginning $ - $ - Fund Balance - Ending $ - $ - Page 7 Ridge at Apopka Community Development District Oct Nov Dec Jan Feb March April May June July Aug Sept Total Revenues: Special Assessments SOptheecira Iln Acsosmesesments -- TDairxe Rctoll $ - -- $ - -- $ 8 4 , 0 - 5 - $ 3 4 , 7 9 4 -- $ 4 6 , 8 6 8 -- $ 2 4 1 -- $ - -- $ - -- $ - -- $ - -- $ - -- $ - -- $ 88 14 ,, 09 00 35 - Total Revenues $ - $ - $ 84,005 $ 34,794 $ 46,868 $ 241 $ - $ - $ - $ - $ - $ - $ 165,908 Expenditures: General & Administrative: Supervisor Fees - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ PR-FICA - - - - - - - - - - - - - Engineering - - - - - - - - - - - - - Attorney 264 666 512 455 3,000 - - - - - - - 4,896 Boundary Amendment - - - - - - - - - - - - - Annual Audit - - - - - 6,600 - - - - - - 6,600 Assessment Administration - - - - - - - - - - - - - Arbitrage Rebate - - - - - - - - - - - - - Dissemination Agent 417 417 417 417 417 - - - - - - - 2,083 Trustee Fees - - - - - - - - - - - - - Management Fees 3,333 3,333 3,333 3,333 3,333 - - - - - - - 16,667 Information Technology 150 150 150 150 150 - - - - - - - 750 Website Maintenance/Development 100 100 100 100 100 - - - - - - - 500 Telephone - - - - - - - - - - - - - Postage & Delivery 1 - - - - - - - - - - - 1 Insurance General Liability 5,408 - - - - - - - - - - - 5,408 Printing & Binding 5 3 0 1 - - - - - - - - 9 Legal Advertising 685 - 212 - - - - - - - - - 897 Other Current Charges 38 38 38 113 46 46 - - - - - - 321 Office Supplies 0 - - - - - - - - - - - 0 Dues, Licenses & Subscriptions 175 - - - - - - - - - - - 175 Total General & Administrative 10,576 $ 4,707 $ 4,762 $ 4,568 $ 7,046 $ 6,646 $ - $ - $ - $ - $ - $ - $ 38,306 $ Operations & Maintenance Expenditures Field Management 1,250 $ 1,250 $ 1,250 $ 1,250 $ 1,250 $ - $ - $ - $ - $ - $ - $ - $ 6,250 $ Internet - - - - - - - - - - - - - Electric - - - - - - - - - - - - - Reclaimed Water - - - - - - - - - - - - - Pressure Washing - - - - - - - - - - - - - Porter Services - - - - - - - - - - - - - Landscape Maintenance 6,500 6,500 6,500 6,500 6,500 6,500 - - - - - - 39,000 Fertilization - - - - - - - - - - - - - Landscape Contingency - - - - - 11,300 - - - - - - 11,300 Mulch - - - - - - - - - - - - - Irrigation Repairs - - - - - - - - - - - - - Janitorial Services - - - - - - - - - - - - - Pest Control - - - - - - - - - - - - - Aquatic Maintenance 650 975 975 975 725 725 - - - - - - 5,025 Subtotal Field Expenditures 8,400 $ 8,725 $ 8,725 $ 8,725 $ 8,475 $ 18,525 $ - $ - $ - $ - $ - $ - $ 61,575 $ Total Operations & Maintenance 8,400 $ 8,725 $ 8,725 $ 8,725 $ 8,475 $ 18,525 $ - $ - $ - $ - $ - $ - $ 61,575 $ Total Expenditures 18,976 $ 13,432 $ 13,487 $ 13,293 $ 15,521 $ 25,171 $ - $ - $ - $ - $ - $ - $ 99,881 $ Excess (Deficiency) of Revenues over Expenditures (18,976) $ (13,432) $ 70,517 $ 21,500 $ 31,347 $ (24,930) $ - $ - $ - $ - $ - $ - $ 66,027 $ Net Change in Fund Balance (18,976) $ (13,432) $ 70,517 $ 21,500 $ 31,347 $ (24,930) $ - $ - $ - $ - $ - $ - $ 66,027 $ Month to Month Page 8 Ridge at Apopka Community Development District Long Term Debt Report IRRROMneeeratisssetgeeeurirrrenrvvvisaeeetty l R FFF ADauuumatnnnetoddde:u :BRDnaeetlqfaiunniicrteeiomnent $$$45M188./a72771x5,55/i9%m2,,3440-u58855m,44.052 0A00n%nual Debt Service LBeosnsd: sP Oriuntcsitpaanld Pianygm ent - 5/1/24 $ ((111289,559,,300500,000..000000)) Current Bonds Outstanding $12,555,000 ILBRRROMneoeeeratsnisssetgseeeudr:irrr enrsPvvvis aOreeettyi l Run FFF ADauuutcmsiatnnntpetaoddde:anu :lBRDd nPaeeitanlqfayiugnnm iicrteeeinomnt e- n5t/1/24 $$$455113./07,111%2536/5% 2o,,055f0 -,25M0 554603a.70x5im0u%m Annual Debt Service $3(,2$4555,,000000) Current Bonds Outstanding $3,210,000 Series 2022 Sppecial Assessment Bonds Series 2023, Special Assessment Bonds Page 9 GNroests A Asssseessssmmeenntsts $$ 113308,,038907..4916 $$ 554738,,362288..5801 $$ 222417,,160129..0504 $$ 990508,,382288..4756 allocation in % 14.44% 60.35% 25.21% 100.00% Date Gross Amount Discoumt/ Penalty Commission Interest Net Receipts O&M Portion 2022 Debt Service 2023 Debt Service Total 0000012223/////0011124445/////2222255555 $ 122 035 12004,,,,,567991234712468.....4567912369 $ 1 490 ,,, 0130 6029391468.....6449466995 --- $ ----- $ 22 924 12605 ,,,,, 56559 07123 17778 --.....9905846006 $ 133 234 ,,, 23579 46369 12378 --.....1145945667 $ 11 534 11856,,,,,012450001400368.....0446912889 $$$$$ 256 046 ,,, 34678 23345 12348 --.....1255912369 $$$$$ 22 924 12605 ,,,,, 55569 01237 17778 --.....0589900467 TOTAL $ 589,052.69 $ 23,561.39 $ - $ - $ 565,491.30 $ 81,661.83 $ 341,260.59 $ 142,568.88 $ 565,491.30 61.47% Percent Collected $ 369,275.77 Balance Remaining to Collect Ridge at Apopka COMMUNITY DEVELOPMENT DISTRICT Special Assessment Receipts - Orange County Fiscal Year 2025 ON ROLL ASSESSMENTS Page 10 KS Apopka Centerline Dev 0001102245/////0000011111/////2222245555 $$$ O & 113M,,,688113366...155377 $$ 2 0 112292,, 29D13S58..7834 $$$ O & 7 M , 2 6 --.27 $ 2 0 2 D S - Date/Ck $ 7,266.27 $ 32,154.57 $ 7,266.27 $ - Apopka Development Opportunity 0001102245/////0000011111/////2222245555 $$$ 1 550,,,422522688...522377 $$ 4789,,361237..6714 $$$ 2 0 , 9 1 3 --.07 $ - $ 20,913.07 $ 127,941.35 $ 20,913.07 $ - Apopka Centerline Development 0001102245/////0000011111/////2222245555 $$$ 112337,,,999155266...337477 $$ 1 6045,,521641..9231 $$$ 5 , 8 2 5 --.48 $ - $ 55,825.48 $ 169,776.14 $ 55,825.48 $ - Total 0001102245/////0000011111/////2222245555 $$$ 224112,,,000000112...224011 $$ 120245,,352501..3688 $$$ --- $ - $ 84,004.82 $ 329,872.06 $ O 8&4M,00140.802% $ 2 0 2 D S -0% Balance Due: $ - $ 329,872.06 Invoiced Paid Ridge at Apopka COMMUNITY DEVELOPMENT DISTRICT Direct Assessment Receipts Fiscal Year 2025 Page 11 SECTION D 1 The Ridge at Apopka CDD Field Management Report | GMS 2025 The Ridge at Apopka CDD Field Management Report April 22nd, 2025 Jarett Wright Field Manager GMS 2 The Ridge at Apopka CDD Field Management Report | GMS 2025 Completed General Maintenance Repaired damaged sidewalk near the Parcel 8 pond. Fallen oak trees on parcel 8 were cut down and removed. Some of the larger stumps will either need to be ground in place or removed with larger equipment. Areas along the east side of parcel 8 were bush hogged. 3 The Ridge at Apopka CDD Field Management Report | GMS 2025 Contracted Services Landscape and Aquatics Update Fallen light pole along Jack Jct Way, was replaced. Monthly aquatics treatments are ongoing, and landscaping has transitioned to a weekly servicing schedule. Updating the current scopes of work for both landscape and aquatics maintenance to account for new tracts coming online. Quotes for pond discing are being gathered for the various dry ponds in the community. 4 The Ridge at Apopka CDD Field Management Report | GMS 2025 Conclusion For any questions or comments regarding the above information, please contact me by phone at 407-750-3599, or by email at JWright@gmscfl.com. Thank you. Respectfully, Jarett Wright