Meadow View at Twin	Creek
Community	Development District

Adopted Budget
FY 2019
August 16, 2018

Meadow View at Twin Creek
Community Development District
GENERAL FUND BUDGET

TABLE OF CONTENTS

GENERAL FUND BUDGET

Summary                         Revenues                          and Expenditures	Page 1-2

Narrative              –              Administrative               and Maintenance	Page 3-5

Debt Service Fund
Series 2016 A1 - A2 Budget	Page 6
Series 2016 A1 - A2 Amortization Schedule	Page 7-8
Series 2016 B Budget	Page 11
Series 2016 B Amortization Schedule	Page 12
Assessment    Chart……………………………………………………………….Page-13

Meadow View at Twin Creek	General Fund Community Development District

	Adopted	Actual	Total
Budget YTD Thru Projected	Total
Projected	Adopted
Budget	
Description	FY 2018	7/31/18	2 Months	FY 18	FY 2019	

Revenues						
Assessments/Developer Contributions	$402,012	$154,619	$4,960	$159,579	$941,002	
Total Revenues	$402,012	$154,619	$4,960	$159,579	$941,002	

Expenditures						
Administrative						
Engineering	$12,000	$31,492	$2,074	$33,565	$12,000	
Attorney	$30,000	$9,325	$1,865	$11,190	$30,000	
Annual Audit	$4,000	$4,000	$0	$4,000	$4,000	
Arbitrage	$1,200	$0	$1,200	$1,200	$1,200	
Dissemination Agent	$5,000	$4,250	$750	$5,000	$5,000	
Trustee Fee	$10,000	$7,902	$2,098	$10,000	$10,000	
Management Fees	$45,000	$37,500	$7,500	$45,000	$45,000	
Information Technology	$2,000	$1,667	$333	$2,000	$2,000	
Telephone	$250	$136	$114	$250	$250	
Postage	$1,000	$150	$30	$181	$1,000	
Insurance	$5,250	$5,610	$0	$5,610	$6,171	
Printing & Binding	$4,000	$1,123	$225	$1,348	$4,000	
Legal Advertising	$3,000	$2,022	$404	$2,426	$3,000	
Other Current Charges	$500	$233	$47	$280	$500	
Office Supplies	$500	$198	$40	$237	$500	
Dues, Licenses & Subscriptions	$175	$175	$0	$175	$175	
Administrative Expenditures	$123,875	$105,782	$16,680	$122,462	$124,796	

AMENITY CENTER
Utilities
Telephone	

$0	

$0	

$0	

$0	

$6,000	
Electric	$0	$0	$0	$0	$75,000	
Water/Irrigation	$0	$0	$0	$0	$20,000	
Cable	$0	$0	$0	$0	$3,200	
Gas	$0	$0	$0	$0	$400	
Trash Removal	$0	$0	$0	$0	$6,000	
Security						
Security Monitoring	$0	$0	$0	$0	$1,200	
Access Cards	$0	$0	$0	$0	$1,000	
Contracted Security	$0	$0	$0	$0	$20,000	
Management Contracts
Facility Management	
$0	
$0	
$0	
$0	
$125,000	
Pool Attendants	$0	$0	$0	$0	$48,000	
Canoe Launch Attendant	$0	$0	$0	$0	$28,800	
Snack Bar Attendant	$0	$0	$0	$0	$16,640	
Field Mgmt / Admin	$0	$0	$0	$0	$25,000	
Pool Maintenance	$0	$0	$0	$0	$30,000	
Pool Chemicals	$0	$0	$0	$0	$15,000	
Janitorial	$0	$0	$0	$0	$12,000	
Facility Maintenance	$0	$0	$0	$0	$15,000	

AMENITY CENTER CONT'		
Repairs & Maintenance	$0	$0	$0	$0	$10,000	

Meadow View at Twin Creek	General Fund Community Development District

	Adopted	Actual	Total
Budget YTD Thru Projected	Total
Projected	Adopted
Budget	
Description	FY 2018	7/31/18	2 Months	FY 18	FY 2019	
Maintenance Reserves	$0	$0	$0	$0	$0	
New Capital Projects	$0	$0	$0	$0	$0	
Snack Bar Inventory- CGS	$0	$0	$0	$0	$0	
Food Service License	$0	$0	$0	$0	$250	
Special Events	$0	$0	$0	$0	$30,000	
Holiday Decorations	$0	$0	$0	$0	$9,000	
Fitness Center Repairs/Supplies	$0	$0	$0	$0	$0	
Office Supplies	$0	$0	$0	$0	$500	
ASCAP/BMI Licenses	$0	$0	$0	$0	$1,000	
Property Insurance	$0	$0	$0	$0	$40,000	
Amenity Center Expenditures	$0	$0	$0	$0	$538,990	

Grounds Maintenance						
Hydrology Quality/Mitigation	$6,400	$0	$0	$0	$6,400	
Electric	$0	$9,238	$3,079	$12,317	$2,200	
Landscape Maintenance	$100,000	$16,533	$8,267	$24,800	$100,000	
Landscape Contingency	$30,000	$0	$0	$0	$30,000	
Lake Maintenance	$12,000	$0	$0	$0	$12,000	
Grounds Maintenance	$12,000	$0	$0	$0	$12,000	
Pump Repairs	$2,500	$0	$0	$0	$2,500	
Streetlight Repairs	$5,000	$0	$0	$0	$5,000	
Irrigation Repairs	$7,500	$0	$0	$0	$7,500	
Miscellaneous	$5,000	$0	$0	$0	$5,000	
Contingency	$97,737	$0	$0	$0	$94,616	
Grounds Maintenance Expenditures	$278,137	$25,771	$11,346	$37,117	$277,216	
						
TOTAL EXPENDITURES	$402,012	$131,553	$28,026	$159,579	$941,002	
						
Excess Revenues/ Expenditures	$0	$23,066	-$23,066	$0	$0	

Meadow View at Twin Creek
Community Development District
GENERAL FUND BUDGET

REVENUES:

Developer Contributions/ Assessments

The District will enter into a Funding Agreement with the Developer to Fund the General Fund expenditures the Fiscal Year.

EXPENDITURES:

Administrative:

Engineering

The District will contract with an engineering firm to provide general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices, etc.

Attorney

The District will contract for legal counsel to provide general legal services to the District, e.g. attendance and preparation for monthly meetings, preparation and review of agreements, resolutions, etc.

Annual Audit

The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm. The District will contract with a licensed CPA firm to prepare the annual audit.

Management Fees

The District will contract for Management, Accounting and Administrative services as part of a Management Agreement with management company.

Information Technology

The cost related to District’s accounting and information systems, District website creation and maintenance, electronic compliance with Florida Statutes and other electronic data requirements.

Meadow View at Twin Creek
Community Development District
GENERAL FUND BUDGET

Dissemination Fees

The Annual Disclosure Report prepared by Prager & Co, LLC required by the Security and Exchange Commission in order to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.

Arbitrage

The District is required to annually have an arbitrage rebate calculation on the District’s Series 2016 A-1/A-2 Special Assessment Bonds. The District will contract with an independent certified public accounting firm to calculate the rebate liability and submit a report to the District.

Trustee Fees

The District’s Series 2016 A-1/A-2 Special Assessment Bonds are held by a Trustee with US Bank. The amount represents the fee for the administration of the District’s bond issue.

Telephone

The cost of telephone and fax machine service.

Postage

The cost of mailing agenda packages, overnight deliveries, correspondence, and payments for the District.

Insurance

Represents the estimated cost for public officials and general liability insurance for the District.

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, and etc. in a newspaper of general circulation.

Other Current Charges

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

Meadow View at Twin Creek
Community Development District
GENERAL FUND BUDGET

Office Supplies

Miscellaneous office supplies.

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.

Grounds Maintenance

Initial Estimates for Landscaping.

Page 5

Meadow View at Twin Creek
Community Development District

Debt Service Fund
Series 2016 A1 - A2

	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Adopted
Budget	
 Description		FY 2018	7/31/18	2 Months	9/30/18	FY 2019	
Revenues						
Carry Forward Surplus	$328,247	$328,450	$0	$328,450	$322,305	
Special Assessments 2016-A1	$443,376	$304,606	$138,770	$443,376	$443,376	
Special Assessments 2016-A2	$381,610	$262,172	$119,438	$381,610	$229,350	
Special Assessments - Prepayments	$0	$2,122,229	$0	$2,122,229	$0	
Interest Income	$600	$1,510	$500	$2,010	$600	
    TOTAL REVENUES		$1,153,833	$3,018,967	$258,708	$3,277,675	$995,631	

Expenditures						
Series 2016 A1 Interest - 11/01	
$171,375	
$171,375	
$0	
$171,375	
$169,125	
Interest - 05/01	$171,375	$171,375	$0	$171,375	$169,125	
Principal - 05/01	$100,000	$100,000	$0	$100,000	$105,000	
Series 2016 A2 Interest - 11/01	
$156,310	
$156,310	
$0	
$156,310	
$92,510	
Interest - 05/01	$156,310	$156,310	$0	$156,310	$92,510	
Principal - 05/01 (Prepayments)	$0	$1,075,000	$1,055,000	$2,130,000	$0	
Principal - 05/01	$70,000	$70,000	$0	$70,000	$45,000	
    TOTAL EXPENDITURES		$825,370	$1,900,370	$1,055,000	$2,955,370	$673,270	
						
    EXCESS REVENUES		$328,463	$1,118,597	($796,292)	$322,305	$322,361	
November 1, 2019 - Series 2016A-1	$166,763	
November 1, 2019 - Series 2016A-2	 	$152,105	
Total	 	$318,868	

Page 6

Oct31,2016 8:15 am Prepared by DBC Finance	(Finance 7.012 Twin Creeks:TCREEK) Page 11
BOND DEBI SERVICE
ME ADOW VIEW AT TVlIN CREEKS COMM1JNITY DEVELOPMENT DISTRICT
Special Assessment Bonds, Series 2016A l (Ph 1) St Johns County, Florida
Bank Qualified, Tax Exempt [Phase 1 302 Units]

Bond Balance	Total BondValue	
6,640,000	6,640,000	
6,640,000	6,640,000	
6,640,000	6,640,000	
6,540,000	6,540,000	
6,540,000	6,540,000	
6,435,000	6,435,000	
6,435,000	6,435,000	
6,325,000	6,325,000	
6,325,000	6,325,000	
6,210,000	6,210,000	
6,210,000	6,210,000	
6,090,000	6,090,000	
6,090,000	6,090,000
	
5,965,000	5,965,000	
5,965,000	5,965,000	
5,835,000	5,835,000	
5,835,000	5,835,000	
5,695,000	5,695,000	
5,695,000	5,695,000	
5,550,000	5,550,000	
5,550,000
	5,550,000	
5,400,000	5,400,000	
5,400,000	5,400,000	
5,240,000	5,240,000	
5,240,000	5,240,000	
5,075,000	5,075,000	
5,075,000	5,()75,000	
4,900,000	4,900,000	
4,900,000	4,900,000	
4,715,000	4,715,000	
4,715,000	4,715,000	
4,520,000	4,520,000	
4,520,000	4,520,000	
4,315,000	4,315,000	
4,315,000	4,315,000	
4,100,000	4,100,000	
4,100,000	4,100,000	
3,875,000	3,875,000	
3,875,000	3,875,000	
3,640,000	3,640,000	
3,640,000	3,640,000	
3,390,000	3,390,000	
3,390,000	3,390,000	
3,130,000	3,130,000	
3,130,000	3,130,000	
2,855,000	2,855,000	
2,855,000	2,855,000	
2,565,000	2,565,000	
2,565,000	2,565,000	
2,255,000	2,255,000	
2,255,000	2,255,000	
1,930,000	1,930,000	

Period	Annual

Ending	Principal	Coupon	Interest	Debt Service
11/03/2016
05/01/2017	169,470.83	169,470.83
11/01/2017	171,375.00	171,375.00
05/01/2018	100,000	4.500%	171,375.00	271,375.00

Debt Service

340,845.83

11/01/2018	169,125.00	169,125.00	440.500.00
05/01/2019	105,000	4.500%	169,125.00	274,125.00
1/01/2019	166,762.50	166,762.50	440,887.50
05/01/2020	110,000	4.500%	166,762.50	276,762.50
11/01/2020	164,287.50	164,287.50	441,050.00
05/01/2021	115,000	4.500%	164,287.50	279,287.50
11/01/2021	161,700.00	161,700.00	440,987.50
05/01/2022	120,000	4.500%	161,700.00	281,700.00

11/01/2022	159,000.00	159,000.00	440,700.00
05/01/2023	125,000	4.500%	159,000.00	284,000.00

11/01/2023	156,187.50	156,187.50	440.187.50
05/01/2024	130,000	4.500%	156,187.50	286,187.50

11/01/2024	153,262.50	153,262.50	439,450.00

05/01/2025	140,000	4.500%	153,262.50	293,262.50
11/01/2025	150,112.50	150,112.50	443,375.00

05/01/2026	145,000	4.500%	150,112.50	295,112.50

11/01/2026	146,850.00	146,850.00	441,962.50
05/01/2027	150,000	4.500%	146,850.00	296,850.00

I l/0li2027	143,475.00	143,475.00	440,325.00
05/01/2028	160,000	5.000%	143,475.00	303,475.00
11/01/2028	139,475.00	139,475.00	442,950.00

05/01/2029	165,000	5.000%	139,475.00	304,475.00
11/01/2029	135,350.00	135,350.00	439,825.00
05/01/2030	175,000	5.000%	135,350.00	310,350.00
11/01/2030	130,975.00	130,975.00	441,325.00
05/01/2031	185,000	5.000%	130,975.00	315,975.00
11/0112031	126,350.00	126,350.00	442,325.00
05/01/2032	195,000	5.000%	126,350.00	321,350.00
11/01/2032	121,475.00	121,475.00	442,825.00
05/01/2033	205,000	5.000%	121,475.00	326,475.00
11/01/2033	116,350.00	116,350.00	442,825.00
05/01/2034	215,000	5.000%	116,350.00	331,350.00
11/01/2034	110,975.00	110,975.00	442,325.00
05/0J/2035	225,000	5.000%	110,975.00	335,975.00
11/01/2035	105,350.00	105,350.00	441,325.00
05/01/2036	235,000	5.000%	105,350.00	340,350.00
ll/01/2036	99,475.00	99,475.00	439,825.00

05/01/2037	250,000	5 000%	99,475.00	349,475.00
11/01/2037	93,225.00	93,225.00	442,700.00
05/01/2038	260,000	5.500%	93,225.00	353,225.00
11/01/2038	86,075.00	86,075.00	439,300.00
05/01/2039	275,000	5.500%	86,075.00	361,075.00
11/01/2039	78,512.50	78,512.50	439,587.50
05/01/2040	290,000	5.500%	78,512.50	368,512.50
1li0l/2040	70,537.50	70,537.50	439,050.00
05/01/2041	310,000	5.500%	70,537.50	380,537.50
1 l/01/2041	62,012.50	62,012.50	442,550.00

05/01/2042	325,000	5.500%	62,012.50	387,012.50

Oct 31, 2016 8:15 am Prepared by DBC Finance

(Finance 7.012Twin Creeks:TCREEK) Page 12

BOND DEBT SERVICE
MEADOW VIEW AT TWIN CREEKS COMMUNITYDEVELOPMENT DISTRICT
Special Assessment Bonds, Series 2016A l (Ph 1) St Johns County, Florida

Bank Qualified, Tax Exempt [Phase l 302 Units]
Period	Annual	Bond	Total

1,930,000	1,930,000	
1,585,000	1,585,000	
1,585,000	1,585,000	
1,220,000	1,220,000	
1,220,000	1,220,000	
835,000	835,000	
835,000	835,000	

Ending	Principal	Coupon	Interest	Debt Service	DebtService	Balance	Bond Value
11/01/2042	53,075.00	53,075.00	440,087.50
05/01/2043	345,000	5.500%	53,075.00	398,075.00
11/01/2043	43,587.50	43,587.50	441,662.50
05/01/2044	365,000	5.500%	43,587.50	408,587.50
11/01/2044	33,550.00	33.550.00442,137.50
05/0li2045	385,000	5.500%	33,550.00	418,550.00
11/01/2045	22,962.50	22,962.50	441,512.50
05/01/2046	405,000	5.500%	22,962 .50	427,962.50	430,000	430,000
ll!0l/2046	I L825 00	11,825.00	439,787.50	430,000	430,000
05/01/2047	430,000	5.500%	11,825.00	441,825.00
11/01/2047	441,825.00
6,640,000	6,936,020.83	13,576,020.83	13,576,020.83

Aug 15, 2018   9:54 am  Prepared by DBC Finance	(Finance 7.012 Meadow View at Twin Creeks:2016A_2-8_1_18) Page 1

BOND DEBT SERVICE

Meadow View at Twin Creeks Community Development District Special Assessment Bonds, Series 2016A-2

Period Ending	

Principal	

Coupon	

Interest	
Debt Service	Annual
Debt Service	
11/01/2018			92,510	92,510	92,510	
05/01/2019	45,000	5.800%	92,510	137,510		
11/01/2019			91,205	91,205	228,715	
05/01/2020	45,000	5.800%	91,205	136,205		
11/01/2020			89,900	89,900	226,105	
05/01/2021	50,000	5.800%	89,900	139,900		
11/01/2021			88,450	88,450	228,350	
05/01/2022	50,000	5.800%	88,450	138,450		
11/01/2022			87,000	87,000	225,450	
05/01/2023	55,000	5.800%	87,000	142,000		
11/01/2023			85,405	85,405	227,405	
05/01/2024	60,000	5.800%	85,405	145,405		
11/01/2024			83,665	83,665	229,070	
05/01/2025	60,000	5.800%	83,665	143,665		
11/01/2025			81,925	81,925	225,590	
05/01/2026	65,000	5.800%	81,925	146,925		
11/01/2026			80,040	80,040	226,965	
05/01/2027	70,000	5.800%	80,040	150,040		
11/01/2027			78,010	78,010	228,050	
05/01/2028	75,000	5.800%	78,010	153,010		
11/01/2028			75,835	75,835	228,845	
05/01/2029	80,000	5.800%	75,835	155,835		
11/01/2029			73,515	73,515	229,350	
05/01/2030	85,000	5.800%	73,515	158,515		
11/01/2030			71,050	71,050	229,565	
05/01/2031	85,000	5.800%	71,050	156,050		
11/01/2031			68,585	68,585	224,635	
05/01/2032	90,000	5.800%	68,585	158,585		
11/01/2032			65,975	65,975	224,560	
05/01/2033	100,000	5.800%	65,975	165,975		
11/01/2033			63,075	63,075	229,050	
05/01/2034	105,000	5.800%	63,075	168,075		
11/01/2034			60,030	60,030	228,105	
05/01/2035	110,000	5.800%	60,030	170,030		
11/01/2035			56,840	56,840	226,870	
05/01/2036	115,000	5.800%	56,840	171,840		
11/01/2036			53,505	53,505	225,345	
05/01/2037	125,000	5.800%	53,505	178,505		
11/01/2037			49,880	49,880	228,385	
05/01/2038	130,000	5.800%	49,880	179,880		
11/01/2038			46,110	46,110	225,990	
05/01/2039	140,000	5.800%	46,110	186,110		
11/01/2039			42,050	42,050	228,160	
05/01/2040	145,000	5.800%	42,050	187,050		
11/01/2040			37,845	37,845	224,895	
05/01/2041	155,000	5.800%	37,845	192,845		
11/01/2041			33,350	33,350	226,195	
05/01/2042	165,000	5.800%	33,350	198,350		
11/01/2042			28,565	28,565	226,915	
05/01/2043	175,000	5.800%	28,565	203,565		
11/01/2043			23,490	23,490	227,055	
05/01/2044	185,000	5.800%	23,490	208,490		
11/01/2044			18,125	18,125	226,615	
05/01/2045	195,000	5.800%	18,125	213,125		

Aug 15, 2018   9:54 am  Prepared by DBC Finance	(Finance 7.012 Meadow View at Twin Creeks:2016A_2-8_1_18) Page 2

BOND DEBT SERVICE

Meadow View at Twin Creeks Community Development District Special Assessment Bonds, Series 2016A-2

Period Ending	

Principal	

Coupon	

Interest	
Debt Service	Annual
Debt Service	
11/01/2045			12,470	12,470	225,595	
05/01/2046	210,000	5.800%	12,470	222,470		
11/01/2046			6,380	6,380	228,850	
05/01/2047	220,000	5.800%	6,380	226,380		
11/01/2047					226,380	
	3,190,000		3,489,570	6,679,570	6,679,570	

Meadow View at Twin Creek	Debt Service Fund Community Development District		Series 2016 B

	Adopted
Budget	Actual
Thru	Projected
Next	Total
Projected	Adopted
Budget	
 Description			FY 2018	7/31/18	2 Months	9/30/18	FY 2019	
Revenues							
Carry Forward Surplus		$0	$282,728	$0	$282,728	$282,728	
Special Assessments		$564,300	$282,150	$282,150	$564,300	$564,300	
Interest Income		$600	$664	$133	$600	$600	
Bond Proceeds		$0	$0	$0	$0	$0	
    TOTAL REVENUES			$564,900	$565,542	$282,283	$847,628	$847,628	

Expenditures							
Series 2016 B Interest - 11/01		
$282,150	
$282,150	
$0	
$282,150	
$282,150	
Interest - 05/01		$282,150	$282,150	$282,150	$282,150	$282,150	
Principal - 05/01		$0	$0	$0	$0	$0	
    TOTAL EXPENDITURES			$564,300	$564,300	$282,150	$564,300	$564,300	
							
    EXCESS REVENUES			$600	$1,242	$133	$283,328	$283,328	

Oct 31, 2016 8:15 am Prepared by DBC F inance	(Finance 7.012 Twin Creeks:TCREEK) Page 15
BOND DEBT SERVICE
MEADOW VIEWAT TWIN CREEKS COMMUNITY DEVELOPMENT DISTRICT
S pecial Assessment Bonds, Series 2016B (Future Phases)

Annual
Period	Debt	Debt	Bond	Total
Ending	Principal	Coupon	Interest	Service	Service	Balance	Bond Value
11/0 3/2016	9,405,000	9,405,000

05/01/2017	279,015	279,015	9,405,000	9,405,000
11/01/2017	282,150	282,150	561,165	9,405,000	9,405,000
0 5/0V2018	282,150	282,150	9,405,000	9,405,000
11/0112018	282,150	282,150	564,300	9,405,000	9,405,000
05/01/2019	282,150	282,150	9,405,000	9,405,000

11/01/2019	282,150	282,150	564300	9,405,000	9,405,000
0 5/01/2020	282,150	282,150	9,405,000	9,405,000
11/01/2020	282,150	282,150	564,300	9,405,000	9,405,000
05/01/2021	282,150	282,150	9,405,000	9,405,000
11/01/2021	282,150	282,150	564,300	9,405,000	9,405,000
0 5/01/2022	282,150	282,150	9,405,000	9,405,000
11/01/2022	282,150	282,150	564,300	9,405,000	9,405,000

0 5:01/2023	282,150	282,150	9,405,000	9,405,000
11/01/2023	282,150	282,150	564,300	9,405,000	9,405,000
0 5/01/2024	282,150	282,150	9,405,000	9,405,000

11/01/2024	282,150	282,150	564JOO	9,405,000	9,405,000
0 5/01/2025	282,150	282,150	9,405,000	9,405,000

l liOl/2025	282,150	282,150	564,300	9,405,000	9,405,000

11/01/2026	9,405,000	6 000%	282,150	9,687,150	9,969,300	
	9,405,000		5,639,865	1 5,044,865	1 5,044,865	

0 5/01/2026	282,150	282,150	9,405,000	9,405,000

Meadow View at Twin Creek Community Development District Assessment Chart

Operation and Maintenance Assessment

Product	Number of
Planned Units	
ERU Factor	
Total ERU's	
% ERU	
Net Annual	
Gross Annual	
Net Per Unit	
Gross Per Unit	
TH	196	0.8	156.80	11%	$103,689	$110,307	$529	$563	
43' lots	573	0.9	515.70	36%	$341,022	$362,790	$595	$633	
53' lots	387	1	387.00	27%	$255,916	$272,251	$661	$703	
63' lots	172	1.1	189.20	13%	$125,114	$133,100	$727	$774	
73' lots	66	1.15	75.90	5%	$50,191	$53,395	$760	$809	
90' lots	82	1.2	98.40	7%	$65,070	$69,223	$794	$844	
Total	1476		1,423	100%	$941,002	$1,001,066			

Phase I									
		Net Per	Gross Per				
Product	Units	Unit	Unit	Net Annual	Gross Annual		
TH	0	$529	$563	$0	$0		
43	86	$595	$633	$51,183	$54,450		
53	111	$661	$703	$73,402	$78,087		
63	65	$727	$774	$47,282	$50,300		
73	40	$760	$809	$30,419	$32,361		
90	0	$794	$844	$0	$0		
Total	302			$202,286	$215,198		

Debt Service Assessments

Phase I - Series 2016A-1 Bonds

Product	
Units	Net Per
Unit	Gross Per
Unit	
Net Annual	
Gross Annual	
TH	0	$0	$0	$0	$0	
43	86	$1,304	$1,387	$112,144	$119,302	
53	111	$1,449	$1,541	$160,839	$171,105	
63	65	$1,594	$1,696	$103,610	$110,223	
73	40	$1,667	$1,773	$66,680	$70,936	
90	0	$0	$0	$0	$0	
Total	302			$443,273	$471,567	

Phase I - Series 2016A-2 Bonds

Product	
Units	Net Per
Unit	Gross Per
Unit	
Net Annual	
Gross Annual	
TH	0	$0	$0	$0	$0	
43	86	$1,123	$1,195	$96,578	$102,743	
53	111	$1,247	$1,327	$138,417	$147,252	
63	65	$1,372	$1,460	$89,180	$94,872	
73	40	$1,435	$1,527	$57,400	$61,064	
90	0	$0	$0	$0	$0	
Total	302			$381,575	$405,931	

Phases 2 thru 4 - Series 2016B Bonds

Product	
Units	Net Per
Unit	Gross Per
Unit	
Net Annual	
Gross Annual	
TH	196	$404	$430	$79,184	$84,238	
43	487	$455	$484	$221,585	$235,729	
53	276	$505	$537	$139,380	$148,277	
63	107	$556	$591	$59,492	$63,289	
73	26	$581	$618	$15,106	$16,070	
90	82	$606	$645	$49,692	$52,864	
Total	1174			$564,439	$600,467