VERONA WALK COMMUNITY DEVELOPMENT
DISTRICT

COLLIER COUNTY REGULAR BOARD MEETING & PUBLIC HEARING
JUNE 17, 2021
10:00 A.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410

www.veronawalkcdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT
Town Center at Verona Walk - Rear Walkway Overlooking Pavilion 8090 Sorrento Lane
Naples, Florida 34114
REGULAR BOARD MEETING & PUBLIC HEARING
June 17, 2021
10:00 a.m.

Call to Order
Pledge of Allegiance
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public
Approval of Minutes
April 15, 2021 Regular Board Meeting…	Page 2
Public Hearing
Proof of Publication…	Page 7
Receive Public Comments on Fiscal Year 2021/2022 Final Budget
Consider Resolution No. 2021-03 – Adopting a Fiscal Year 2021/2022 Final Budget…	Page 8
Old Business
New Business
Presentation on Littoral Planting – Kamila Perez, Collier County Sr. Environmental Specialist
Update on Outstanding Issues with CDD and HOA
Update on Signs
Update on Lank Bank Erosion Repairs
Consider Resolution No. 2021-04 – Adopting a Fiscal Year 2021/2022 Meeting Schedule…	Page 16
Administrative Matters
District Attorney Update
District Engineer Update
Field Inspector Update
District Manager Update
Financials…	Page 18
Board Members Comments
Adjourn

                                                                                                                                                                                                                                                                                                                                                                                   

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            

                                                                               

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           

VERONA WALK COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
Due to Covid restrictions, masks and social distancing was required.
Audience participation was encouraged via conference call.
Dial In (877) 402-9753 Access Code 1811087
APRIL 15, 2021

CALL TO ORDER

The April 15, 2021, Regular Board Meeting of the Verona Walk Community Development District (the “District”) was called to order at 10:01 a.m. at the rear walkway overlooking the Pavilion at the Town Center at Verona Walk located at 8090 Sorrento Lane, Naples, Florida 34114.

PLEDGE OF ALLEGIANCE

PROOF OF PUBLICATION

Proof of publication was presented that notice of the Regular Board Meeting had been published in the Naples Daily News on October 6, 2020, as part of the District’s Fiscal Year 2020/2021 Regular Meeting Schedule, as legally required.

ESTABLISH A QUORUM

It was determined that the attendance of the following Supervisors constituted a quorum and it was in order to proceed with the meeting:

Supervisor	Jack Hogan	Absent	
Supervisor	Patrick Clifford	Present	
Supervisor	Marilyn Czubkowski	Present	
Supervisor	Peter Monti	Present	
Supervisor	Richard Dombal	Present	

Staff members in attendance were:

District Manager	Kathleen Meneely	Special District Services, Inc.	
General Counsel	Greg Urbancic	Coleman Yovanovich Koester	
District Engineer	Terry Cole (via phone)	Hole Montes, Inc.	
Field Inspector	Bohdan Hirniak		

Also present were: Richard Condle, Diane Cucinella, Diana Kuuz and others.

ADDITIONS OR DELETIONS TO THE AGENDA

There were no additions or deletions to the agenda.

Page 1 of 5

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

APPROVAL OF MINUTES
March 18, 2021, Regular Board Meeting

The March 18, 2021, Regular Board Meeting minutes were presented for approval.

Mr. Monti requested 2 revisions Page 5, third paragraph of Section 3, “ADD” should be changed to “ACC” in the last sentence; and Page 6, first paragraph of Section K, the reference to the growth of plants in the LSPA should read “80% populated” not “80% overgrown.”

A motion was made by Ms. Czubkowski, seconded by Mr. Dombal and passed unanimously approving the minutes of the March 18, 2021, Regular Board Meeting, as amended.

OLD BUSINESS
Update on Fishkill and Clean-Up

Mr. Hirniak stated that the lakes had been stabilized and that there was currently no appearance of a fish kill. He explained the tests, indicating that the high salinity of the deep well E1 was at an unacceptable level to support fish life and added that he had asked to HOA to turn off all the wells and the CDD covered the cost of the two fish kill cleanups. He recommended that the deep well be turned off permanently.

Mr. Monti asked for an update on the algae tests. Mr. Hirniak stated that no algae bloom was shown in the tests and therefore there is no toxicity.

Update on Meeting with HOA

Ms. Czubkowski advised that Mr. Hirniak and Ms. Meneely had joined her for a Zoom meeting on Tuesday which was also attended by Town Manager Ashley Diaz and HOA President Anne McCauley. She gave a summary of the topics discussed:

Front Pond Pump Maintenance

Ms. Czubkowski noted that Mr. Hirniak would be able to give anyone a ride to review the pumps if they have not already seen them. She explained that it was discussed that the Association was responsible for the pumps and water features in documents and referenced a memo from Mr. Urbancic dated May 19, 2017, regarding the front lakes. She added that the HOA did not have the document and would have to research the cost. She also advised them that the estimated cost to repair the existing pump would be approximately $20,000. Mr. Hirniak added that there were consequences if it fails and it would be difficult to find a contractor to work on the well, but he will continue keep on eye on it.

There was a consensus of the Board to table issue until feedback is received from the HOA.

Replenished Wells
Page 2 of 5

Ms. Czubkowski advised that the HOA had requested an email with recommendations on which pumps to turn on. Ms. Meneely added that the HOA brought up their expense for permitting a new well. Mr. Hirniak indicated that the HOA receives monthly reports on the wells and he had asked the HOA to share those reports and they asked for the same consideration. He went over the email that would be sent to the HOA requesting the deep well remain permanently turned off.

Lake Bank Erosion Repairs

Mr. Hirniak advised that the contract had been approved and Napier will start when the down payment is received. Ms. Czubkowski explained the conversation with the HOA, stating that she made them aware of a resolution from March 27, 2019, whereby the HOA took ownership of the procedures for necessary work and assessing owners for retroactive erosion repairs. She further explained that Ms. Diaz did not know about the resolution and had stated it was contrary to HOA documents and was unenforceable and would need to be repealed. Ms. Czubkowski also let the HOA know that she had not been receiving ACC reports, which led to a discussion on work not being inspected.

Irrigation Floats in Ponds

Ms. Meneely reiterated that the HOA opinion was that their requests were dismissed so they are not leaning toward fixing these on their end. Mr. Monti stated that the District requests were different since the District is responsible for the lakes. Mr. Hirniak gave the background on the floats and possible alternatives.

Upon discussion of all the issues, it was the consensus of the Board that Pat Clifford would represent the District and meet with the HOA President on an informal basis to begin dialog between the two boards and their respective issues. Mr. Clifford stated he was willing to reconsider what the HOA was requesting previously concerning landscaping and Ms. Czubkowski indicated that the Board, at that time, had to vote with what was presented and was not given any alternatives. Mr. Clifford indicated he would include that issue in his talks with the HOA President.

Discussion Regarding Littoral Plantings

Mr. Monti stated, as a follow up to the discussion at the last meeting, that everyone was sent the use permit and a copy of the Kamilla Perez report on the appearance of the littoral shelf. He would like the Board to continue discussions on what the areas should look like versus where they are now. Mr. Clifford stated that there was no requirement for additional or different plantings. Mr. Monti went over percentages of growth per the permits and stated that he would like to promote community enthusiasm to plant additional plants. He added that he realized it is not a budgeted expense, but spike rush is all that survived the original plants and he does not see other plants that are included in the permit that are supposed to be at 80% maturity. He suggested Ms. Perez come speak to the Board about the other possibilities. Mr. Hirniak stated that Earthtech was already contracted by the District and they will review each zone and make recommendations, when necessary. He added there were littoral plants in each littoral zone and you can increase variety, but dryness determines what survives. Upon discussion, there was a consensus of the Board for Mr. Monti to contact Kamilla Perez to make a presentation to the Board at the June meeting about what is possible in the littoral zones.

NEW BUSINESS

Page 3 of 5

Consider Resolution No. 2021-02 – Adopting a Fiscal Year 2021/2022 Proposed Budget

Resolution No. 2021-02 was presented, entitled:

RESOLUTION NO. 2021-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VERONA WALK COMMUNITY DEVELOPMENT DISTRICT APPROVING A PROPOSED BUDGET FOR FISCAL YEAR 2021/2022; AND PROVIDING AN EFFECTIVE DATE.

Ms. Meneely went over the proposed budget and the Public Hearing date. Mr. Clifford noted, since the Field Inspector had been doing such a great job, he suggested an increase of $1,500 to his annual rate.

A motion was made by Mr. Monti, seconded by Ms. Czubkowski and passed unanimously adopting Resolution No. 2021-02, amending the proposed budget to include the increase for the Field Inspector, as noted.

ADMINISTRATIVE MATTERS
District Attorney Update

Mr. Urbancic advised that he would provide an update on the current legislative session, once it closes.

District Engineer Update

There was no District Engineer update at this time.

Field Inspector Update

Mr. Hirniak stated that rainfall was lower than average at 50%. He indicated that the banks were due for edge trimming and he would be directing Clarke to do so. He added that he was trying to bring down the cost of the littoral signage and was looking into aluminum posts.

District Manager Update
a. Financials

Ms. Meneely went over the financials. There were no questions from the Board Members.

Ms. Meneely went over the upcoming meeting schedule. There was a consensus of the Board to cancel the May meeting with the budget Public Hearing and that the Perez presentation would take place during the June meeting.

BOARD MEMBER COMMENTS

Page 4 of 5

Mr. Dombal asked about spraying the spike rush more often, as he had received comments from residents that there was too much. Mr. Hirniak indicated that the plant promotes the oxygenation of water and is sprayed when overwhelmed, but needs to be left at a certain thickness. He added that it needed water and recedes as water recedes and comes back and goes under water during the rainy season. Mr. Monti added that spike rush migrates and as water rises, it submerges or dies under water. Mr. Hirniak noted that the root system also stabilizes the bank and it is a fight against a never ending environment. Ms. Cucinella asked why Verona Walk had the spike rush and other communities did not. Mr. Hirniak stated that they were part of the permit for Verona Walk.

ADJOURNMENT

There being no further business to come before the Board, the Regular Board Meeting was adjourned at 12:03 p.m. on a motion made by Mr. Monti, seconded by Ms. Czubkowski and passed unanimously.

Secretary/Assistant Secretary	Chair/Vice-Chair

Page 5 of 5

        

             

                                                                  

                                                         

                                                                 

                                                                

                                                            

                                                           

                                                             

RESOLUTION NO. 2021-03

A RESOLUTION OF THE VERONA WALK COMMUNITY DEVELOPMENT DISTRICT ADOPTING A FISCAL YEAR 2021/2022 BUDGET.

WHEREAS, the Verona Walk Community Development District (“District”) has prepared a Proposed Budget and Final Special Assessment Roll for Fiscal Year 2021/2022 and has held a duly advertised Public Hearing to receive public comments on the Proposed Budget and Final Special Assessment Roll; and,

WHEREAS, following the Public Hearing and the adoption of the Proposed Budget and Final Assessment Roll, the District is now authorized to levy non ad-valorem assessments upon the properties within the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE VERONA WALK COMMUNITY DEVELOPMENT DISTRICT THAT:

Section 1.	The Final Budget and Final Special Assessment Roll for Fiscal Year 2021/2022 attached hereto as Exhibit “A” is approved and adopted, and the assessments set forth therein shall be levied.

Section 2.	The Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.

PASSED, ADOPTED and EFFECTIVE this 17th day of June, 2021.

ATTEST:	VERONA WALK
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Verona Walk
Community Development District

Final Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

CONTENTS

FINAL BUDGET

DETAILED FINAL  BUDGET

DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2013) IV	DETAILED FINAL DEBT SERVICE FUND BUDGET (SERIES 2018) V	ASSESSMENT COMPARISON

FINAL BUDGET
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1 2021 - SEPTEMBER 30 2022

REVENUES	
FISCAL YEAR 2021/2022
BUDGET	

                              	       	

		
TOTAL REVENUES	 	1 11 1 2	
		
E PENDITURES		
MAINTENANCE E PENDITURES		

                                 	     	

                     	      	

                	      	

        	     	
                         	     	
TOTAL MAINTENANCE E PENDITURES	 	20     	
		
ADMINISTRATIVE E PENDITURES		

           	      	

     	      	

                                  	   	

                 	     	

               	     	

                          	     	

                                       	 	
TOTAL ADMINISTRATIVE E PENDITURES	 	122 0  	
		
TOTAL E PENDITURES	 	331 81 	
		
REVENUES LESS E PENDITURES	 	1 0  3 3	

                           	         	
		
BALANCE	 	 2 12	

                            	        	
		
E CESS/ (S ORTFALL)	 	( 3 38 )	

		
NET E CESS/ (S ORTFALL)	 	-	

 ote: rojected vailable unds alance s f        is $       

DETAILED FINAL BUDGET
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1 2021 - SEPTEMBER 30 2022

REVENUES	
FISCAL YEAR 201 /2020 ACTUAL	
FISCAL YEAR 2020/2021 BUDGET	
FISCAL YEAR 2021/2022 BUDGET	

COMMENTS	
                 	       	       	       	   enditures ess nterest  arr over     	
                              	       	       	       	 ond a ents     	
                              	       	       	       	 ond a ents     	
              	 	 	 		
               	   	   	   	 nterest rojected  t $   er ont 	
					
TOTAL REVENUES	 	1 1   8	 	1 11 1 2	 	1 11 1 2		
					
E PENDITURES					
MAINTENANCE E PENDITURES					
               	      	      	      	$       ncrease ro                  ud et	
                   	   	     	     	 o  an e  ro              ud et	
                                 	 	     	     	 o  an e  ro               ud et	
                           	   	     	     	 o  an e  ro              ud et	
                 	     	     	     	 o  an e  ro              ud et	
                     	      	      	      	 o  an e  ro              ud et	
                                      	     	     	     	 o  an e  ro              ud et	
                     	 	      	      	 o  an e ro              ud et	
                	 	      	      	 o  an e  ro              ud et	
                                              	 	     	     	 o  an e  ro              ud et	
                            	 	      	      	 o  an e  ro              ud et	
        	 	     	     	 o  an e  ro              ud et	
                         	 	     	     	 o  an e  ro              ud et	
TOTAL MAINTENANCE E PENDITURES	 	11 0  	 	208 2  	 	20     		
					
ADMINISTRATIVE E PENDITURES					
               	   	     	 	 ine te  li inated	
                        	  	   	 	 ine te  li inated	
           	     	      	      	 o  an e  ro              ud et	
          	      	      	      	     djust ent	
           	     	     	     	 o  an e  ro              ud et	
     	     	      	      	             enditures rou  eb        ere $     	
               	      	      	      	 s er ontract	
          	     	     	     	 cce ted   ount or                udit	
                                  	   	   	   	 o  an e  ro              ud et	
                                  	   	   	   	 o  an e  ro              ud et	
         	     	     	     	 nsurance sti ate	
                 	     	     	     	$     ncrease ro                  ud et	
                         	   	     	     	 o  an e  ro              ud et	
       	   	   	   	$  ecrease ro               ud et	
               	   	     	     	$  ecrease ro               ud et	
                    	   	   	   	 o  an e  ro              ud et	
                  	     	     	     	 o  an e  ro              ud et	
                          	     	     	     	 o  an e  ro              ud et	
                          	     	     	     	 o  an e  ro              ud et	
                                       	     	     	     	 o  an e  ro              ud et	
                                       	 	 	 	 ra er s o on er  ar in  or        ond	
TOTAL ADMINISTRATIVE E PENDITURES	 	 8 2  	 	12  0 1	 	122 0  		
					
TOTAL E PENDITURES	 	21 3  	 	332 28 	 	331 81 		
					
REVENUES LESS E PENDITURES	 	1 1  1  	 	1 0 8 88 	 	1 0   3 3		
					
                           	         	         	         	            a  ents	
                           	         	         	         	            a  ents	
					
BALANCE	 	1   80	 	 1    	 	 2  12		
					
                                                     	        	        	        	  ree nd  ne alf ercent  f otal ssess ent oll	
                            	        	        	        	 our ercent f otal ssess ent oll	
					
E CESS/ (S ORTFALL)	 	8  3  	 	( 3 8 )	 	( 3 38 )		
					
                         	 	      	      	 arr over ro rior ear	
					
NET E CESS/ (S ORTFALL)	 	8  3  	 	-	 	-		

 ote: rojected vailable unds alance s f        is $       

DETAILED FINAL DEBT SERVICE (SERIES 2013) FUND BUDGET
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1 2021 - SEPTEMBER 30 2022

REVENUES	FISCAL YEAR 201 /2020 ACTUAL	FISCAL YEAR 2020/2021 BUDGET	FISCAL YEAR 2021/2022 BUDGET	

COMMENTS	

 nterest nco e	

  	
 rojected nterest or          	

     ollection	

       	
 a i u  ebt ervice ollection	

 re aid ond ollection	

 	
 re aid ond ollection	

Total Revenues	
 	
 0  01	
 	
  8 13 	
 	
  8 010		

E PENDITURES					

 rinci al a  ents          	

       	
 rinci al  a  ent ue n     	

 rinci al a  ents          	

      	
 rinci al a  ent ue n     	

 nterest a ents          	

       	
 nterest a ents ue n     	

 nterest a ents          	

      	
 nterest a ents ue n     	

 ond ede tion	

     	
 sti ated cess ebt ollections	

Total Expenditures	
 	
 8 831	
 	
  8 13 	
 	
  8 010		

Excess/ (Shortfall)	
 	
20  0	
 	
-	
 	
-		

Series 2013A-1 Bond Refunding Information	
 ri inal ar   ount =	$         	 nnual rinci al a  ents ue =	 a  st	
 nterest ate =	   %       %	 nnual nterest a ents ue =	 a   st    ove ber st	
 ssue ate =	June     			
 aturit  ate =	 a      			
 ar  ount s f       =	$         			

Series 2013A-2 Bond Refunding Information	
 ri inal ar   ount =	$       	 nnual rinci al a  ents ue =	 a  st	
 nterest ate =
 ssue ate =	   %     %
June     	 nnual nterest a ents ue =	 a  st    ove ber st	
 aturit  ate =	 a      			
 ar  ount s f       =	$       			

DETAILED FINAL DEBT SERVICE (SERIES 2018) FUND BUDGET
VERONA WALK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2021/2022
OCTOBER 1 2021 - SEPTEMBER 30 2022

REVENUES	FISCAL YEAR 201 /2020 ACTUAL	FISCAL YEAR 2020/2021 BUDGET	FISCAL YEAR 2021/2022 BUDGET	

COMMENTS	

 nterest nco e	

  	
 rojected nterest or          	

     ollection	

       	
 a i u ebt ervice ollection	

 re aid ond ollection	

 	
 re aid ond ollection	

Total Revenues	
 	
    8 3	
 	
 3 10 	
 	
 38 81		

E PENDITURES					

 rinci al a ents	

       	
 rinci al a  ent ue n     	

 nterest a ents	

       	
 nterest a ents ue n     	

 ond ede tion	

   	
 sti ated cess ebt ollections	

Total Expenditures	
 	
  3 2  	
 	
 3 10 	
 	
 38 81		

Excess/ (Shortfall)	
 	
1    8	
 	
-	
 	
-		

Series 2018 Bond Refunding Information
 ri inal ar   ount =	$         	 nnual rinci al a  ents ue =	 a  st	
 nterest ate =	    %       %	 nnual nterest a ents ue =	 a  st   ove ber st	
 ssue ate =	 arc      			
 aturit   ate =

 ar  ount s  f       =	 a      

$         			

Verona Walk Community Development District Assessment Comparison

 ot
 i e
  ase ne		 iscal ear
         
 ssess ent 	 iscal ear
         
 ssess ent 	 iscal ear
         
 ssess ent 	 iscal ear
         
 ssess ent 	Fiscal Year 2021/2022
Pro ected Assessment*	
 own o e    
 a an	     
 ebt	$	      
$	      	$	      
$	      	$	      
$	      	$	      
$	      	 
 		1 2 13
  0 00	
	 otal	$	      	$	      	$	      	$	      	 	 02 13	
							
 u le     
 a ri arrin ton	     
 ebt	$	      
$	      	$	      
$	      	$	      
$	      	$	      
$	      	 
 		1 2 13
  0 00	
	 otal	$	      	$	      	$	      	$	      	 	 02 13	
							
 in le a il     
 a  ont	     
 ebt	$	      
$	      	$	      
$	      	$	      
$	      	$	      
$	      	 
 		1 2 13
 3 00	
	 otal	$	      	$	      	$	      	$	      	 	    13	
							
 in le a il     
 arl le	     
 ebt	$	      
$	      	$	      
$	      	$	      
$	      	$	      
$	      	 
 		1 2 13
 30 00	
	 otal	$	      	$	      	$	      	$	      	 	8 2 13	

  ase wo							
 u le            
 a ri arrin ton	     
 ebt	$	      
$	      	$	      
$	      	$	      
$	      	$	      
$	      	 
 		1 2 13
 11 00	
	 otal	$	      	$	      	$	      	$	      	 	  3 13	
							
 in le a il     
 arden	     
 ebt	$	      
$	      	$	      
$	      	$	      
$	      	$	      
$	      	 
 		1 2 13
    00	
	 otal	$	      	$	      	$	      	$	      	 	 3 13	
							
 in le a il     
 a  ont	     
 ebt	$	      
$	      	$	      
$	      	$	      
$	      	$	      
$	      	 
 		1 2 13
 01 00	
	 otal	$	      	$	      	$	      	$	      	 	  3 13	
							
 in le a il     
 arl le	     
 ebt	$	      
$	      	$	      
$	      	$	      
$	      	$	      
$	      	 
 		1 2 13
  1 00	
	 otal	$	      	$	      	$	      	$	      	 	8 3 13	
							
 in le a il     
 state	     
 ebt	$	      
$	      	$	      
$	      	$	      
$	      	$	      
$	      	 
 		1 2 13
    00	
	 otal	$	        	$	      	$	      	$	      	 	 21 13	

* ssess ents nclude t e ollowin 

 % iscount for arl  a  ents
 % ount  ro ert     raiser osts
   % ount a  ollector osts

 o  unit   nfor ation:
Phase I
 o of nits	
   e	
 ront oota e	
 a e	 a i u  nnual
 ebt ssess ent	
 ond re a ents	 ot
 ifferential re a ent 	
   	 own o e	   	 a an	$	   	 	  	
   	 u le 	   	 a ri arrin ton	$	   	  	 	
   	 in le a il 	   	 a  ont	$	   	 	   	
  	 in le a il 	   	 arl le	$	   	 	 	

Phase II
 o of nits	
   e	
 ront oota e	
 a e	 a i u  nnual
 ebt ssess ent	
 ond re a ents	 ot isclosure
 ifferential re a ent  	
   	 u le    	       	 a ri arrin ton	$	   	 	  	
  	 u le 	   	 arden	$	   	 	 	
   	  	   	 a  ont	$	   	 	 	
   	  	       	 arl le	$	   	 	 	
  	  	   	 state	$	   	 	 	

0 New Bond Prepayers For 2021/2022

Developer made Bond Prepayment in August 201 for 3  lot differential ( 8 Phase 1 Caymans replaced with 3  Oakmonts)
Developer made Bond Prepayment in November 201 for 1 lot differential (1 Phase 1 Carlyle replaced with 1 Oakmont)
** Developer built Carrington omes on Garden Lots (Karina Street) - Debt Assessments for those lots was	8 - now      
** Developer made Bond Prepayment in November 201 for lot disclosure differential ( 0' disclosed at 3 '/ 0' rate) Total Lots Assessed For O&M = 1 20

RESOLUTION NO. 2021-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE VERONA WALK COMMUNITY DEVELOPMENT DISTRICT, ESTABLISHING A REGULAR MEETING SCHEDULE FOR FISCAL YEAR 2021/2022 AND SETTING THE TIME AND LOCATION OF SAID DISTRICT MEETINGS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, it is necessary for the Verona Walk Community Development District ("District") to establish a regular meeting schedule for fiscal year 2021/2022; and

WHEREAS, the Board of Supervisors of the District has set a regular meeting schedule, location and time for District meetings for fiscal year 2021/2022 which is attached hereto and made a part hereof as Exhibit “A”.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE VERONA WALK COMMUNITY DEVELOPMENT DISTRICT, LEE COUNTY, FLORIDA, AS FOLLOWS:

Section 1.      The above recitals are hereby adopted.

Section 2. The regular meeting schedule, time and location for meetings for fiscal year 2021/2022 which is attached hereto as Exhibit “A” is hereby adopted and authorized to be published.

PASSED, ADOPTED and EFFECTIVE this 16th day of June, 2021.

ATTEST:	VERONA WALK
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

VERONA WALK COMMUNITY DEVELOPMENT DISTRICT
FISCAL YEAR 2021/2022 REGULAR MEETING SCHEDULE

NOTICE IS HEREBY GIVEN that the Board of Supervisors of the Verona Walk Community Development District will hold Regular Meetings at 10:00 a.m. in the Town Center at Verona Walk located at 8090 Sorrento Lane, Naples, Florida 34114, on the following dates:

October 21, 2021
November 18, 2021
December 16, 2021
January 20, 2022
February 17, 2022
March 17, 2022
April 21, 2022
May 19, 2022
June 16, 2022
July 21, 2022
August 18, 2022
September 15, 2022

The purpose of the meetings is to conduct any business coming before the Board. Meetings are open to the public and will be conducted in accordance with the provisions of Florida law. Copies of the Agendas for any of the meetings may be obtained from the District’s website or by contacting the District Manager at (239) 444-5790 and/or toll free at 1-877-737-4922 prior to the date of the particular meeting.

From time to time one or more Supervisors may participate by telephone; therefore, at the location of these meetings there will be a speaker telephone present so that interested persons can attend the meetings at the above location and be fully informed of the discussions taking place either in person or by telephone communication. Said meetings may be continued as found necessary to a date and time certain as stated on the record.

If any person decides to appeal any decision made with respect to any matter considered at these meetings, such person will need a record of the proceedings and such person may need to insure that a verbatim record of the proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.

In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommodations or an interpreter to participate at any of these meetings should contact the District Manager at (239) 444-5790 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.

Meetings may be cancelled from time to time without advertised notice.

VERONA WALK COMMUNITY DEVELOPMENT DISTRICT

www.veronawalkcdd.org

PUBLISH: NAPLES DAILY NEWS	10/06/20

Verona Walk Community Development District

Financial Report For May 2021

  RONA WA K COMM NI Y D OPM N DI RIC MON Y FINANCIA R POR 
MAY     

R  N   	Annual Budget
  / /     /3 /  	
Actual Ma    	Year o Date Actual
  / /     /3 /  	
  &              	       	 	       	
                 -   R        	       	 	       	
                 -   R        	       	 	       	
  H R R V  U  	 	 	 	
    R          	   	 	   	
				
 O A R   N   	 	         	 	 	 	  3      	
				
  P NDI R  				
MAIN NANC   P NDI R  				
F       P    R	      	     	      	
V H	R 	 	 	     	
V H	UR    	     	 	   	
V H	QU P                  	     	 	 	
V H	&            	     	  	  	
      PR         R  	      	     	      	
         R QU                     H  R  	     	 	     	
          R  &                  P        	      	 	 	
                	      	 	 	
 U F    P P &   RU  UR     P       &         	     	 	 	
   R P P &  R     R P R 	      	 	 	
 R      	     	 	 	
           U             	     	 	      	
   F  R    R   	     	 	 	
 O A MAIN NANC   P NDI  R  	 	       	 	     	 	       	
				
ADMINI RA I     P NDI  R  				
 UP RV  R F   	     	 	 	
P R              P    R 	   	 	 	
       R   	      	 	     	
          	      	     	      	
   R   R   	     	   	     	
     	      	 	     	
           R   	      	 	 	
 U   F   	     	 	 	
 R   R   R     F  -   R        	   	 	 	
 R   R   R     F  -   R        	   	 	   	
   UR    	     	 	     	
        V R      	     	 	   	
           U             	     	   	   	
P      	   	  	   	
 FF    UPP    	     	  	   	
 U  &  U  R P     	   	 	   	
                  	     	   	     	
 RU     F	R        	     	 	 	
 RU     F	R        	     	 	     	
      U          UR F  -   R        	     	 	     	
      U          UR F  -   R        	 	 	 	
 O A ADMINI RA I    P NDI  R  	 	       	 	     	 	      	
				
 O A   P NDI  R  	 	33     	 	 3    	 	       	
				
R   N            P NDI R  	 	         	 	  3     	 	         	
				
     P          R         	         	 	         	
     P          R         	         	 	         	
				
BA ANC 	 	      	 	  3     	 	       	
				
        R  V       	        	 	        	
     U   F R  R  P       	        	 	        	
				
  C   /  OR FA   	 	  3     	 	  3     	 	       	
				
  RR  V R FR  PR R    R	      	 	 	
				
N     C   /  OR FA   	 	 	 	  3     	 	       	

Bank Balance As Of /3 /  	 	  3   .  	
Funds Received:  / /       /3 /  	 	 	
Disbursements: / /       /3 /  	 	3 33 .  	
Bank Balance As Of /3 /  	 	 33 33. 3	
Accounts Pa able As Of /3 /  	 	      .  	
Accounts Receivable As Of /3 /  	 	 	
Available Funds As Of /3 /  	 	       .  	

 erona Walk Communit Develo ment District
Budget vs. Actual
October          t roug  Ma      

	Oct    Ma    		  / Budget		  Over Budget		% of Budget	
Income								
3  3.      O   M Assessment Income	          		          		-        		      	
3 3.     Debt Assessments   eries    3 	          		          		-        		      	
3 3. 3  Debt Assessments  eries      	          		          		-        		      	
3 3.     Debt Assessmnt Pd o rustee  3	-          		-          		-        		      	
3 3. 3  Debt Assessmnt Pd o rustee   	-          		-          		-        		      	
3 3. 3   Assessment Fees	-         		-         		         		      	
3 3. 3  Discounts For  arl Pa ments	-         		-         		        		      	
3   .3    Carr over From Prior Year
3   .      Interest Income	    
      		         
      		-         

 otal Income	          		          		-         		      	
   ense								
   .     Pa roll  a       ense	    		      		-      		    	
   . 3    u ervisor Fees	    		        		-        		    	
   .3     Dredging	    		        		-        		    	
   .3     Miscellaneous Maintenance	         		        		         		         	
   .3      ngineering	        		         		-         		      	
   .3     Management Fees	         		         		-         		      	
   .3      ecretarial Fees	        		        		-        		      	
   .3      egal Fees	        		         		-         		      	
   .3     Assessment/ a Roll	    		         		-         		    	
   .3    Audit Fees	    		        		-        		    	
   .33   Arbitrage Rebate Fee	      		        		-      		     	
   .     Insurance	        		        		-      		      	
   .       egal Advertisements	      		        		-      		      	
   .     Miscellaneous	      		        		-        		      	
   . 3 Postage and Deliver 	      		      		-      		      	
   .     Office u lies	      		        		-      		      	
   .     Dues   icense   ubscri tions	      		      		    		      	
   .     Website Management	        		        		-      		      	
   . 3   Continuing Disclosure Fee   3	        		        		    		      	
  3. 33    rustee Fees    eries    3	    		        		-        		    	
   .       olf Cart torage	    		        		-        		    	
   .     Field Ins ector	         		         		-         		      	
   .      e icle Cart	        		    		        		      	
   .  3  e icle Insurance	      		        		-      		      	
   .      e icle ui ment small tools 	    		        		-        		    	
   .      e icle  as and Maintenance	     		        		-        		     	
   .       ake   ra ing Clark 	         		         		-         		      	
   .       ake  O ualit   ests Benc mrk	        		        		-        		     	
   .       ake  ittoral    ake Bank Plant	    		         		-         		    	
   .     Outfall Pi e    tructure Ins   	    		        		-        		    	
   .      torm Pi e    rosion Re airs	    		         		-         		    	
   .       ake Bank Mo ing
   . 33   rustee Fees       	    
        		         
        		-         
-      		    
      	
 otal      ense	          		          		-          		     	

Net Income	
       . 3		
 .  		
       . 3		
   . %	

 erona Walk Communit Develo ment District
Balance eet
As of Ma 3       

O erating Fund	Debt ervice  3 Fund	Debt ervice       Fund	eneral Fi ed Assets Fund	ong erm Debt Fund	O A 
     
A     
Current Assets
O erating Bank Account	

    		

          	
 otal Current Assets	          		    		    		    		    		          	
Fi ed Assets												
 torm Water Management	    		    		    		             		    		             	
Accumulated De reciation    torm ater Mgt	    		    		    		-            		    		-            	
 otal Fi ed Assets	    		    		    		            		    		            	
Ot er Assets												
A/R Assessment Income	    		    		    		    		    		    	
A/R Non Ad alorem Recei ts	    		    		    		    		    		    	
Investments  Construction	    		    		    		    		    		    	
Investments  Interest Acct	    		    		    		    		    		    	
Investments  Reserve Acct	    		          		         		    		    		          	
Investments  Revenue Acct	    		          		          		    		    		          	
Investments  Pre a ment Acct	    		        		        		    		    		         	
Investments     cess Revenue	    		      		    		    		    		      	
Amount Available In D F      3 	    		    		    		    		          		          	
Amount Available In D F       	    		    		    		    		          		          	
          Amount o Be Provided	    		    		    		    		             		             	
 otal Ot er Assets	    		          		          		    		             		             	
 O A A     	 	 33  33. 3		 	3      .  		 	    3 .  		 	       3 .  		 	          .  		 	          .  	

 IABI I I        I Y												
 iabilities
Current iabilities												
Accrued  enses	    		    		    		    		    		    	
Accounts Pa able	         		    		    		    		    		         	

 otal Current iabilities	

    		

         	
 ong erm iabilities												
  ecial Assessment Debt      3A   	    		    		    		    		            		            	
  ecial Assessment Debt      3A   	    		    		    		    		          		          	
  ecial Assessment Debt     	    		    		    		    		            		            	
 otal ong erm iabilities	    		    		    		    		             		             	

 otal iabilities	

    		

             	
  uit 												
Retained arnings	          		          		          		-            		    		-            	
Current Year De reciation	    		    		    		    		    		    	
Net Income	          		-         		        		    		    		         	
Investment In en Fi ed Assets	    		    		    		             		    		             	
 otal  uit 	          		          		          		            		    		            	

 O A  IABI I I        I Y	
 	 33  33. 3		
 	3      .  		
 	    3 .  		
 	       3 .  		
 	          .  		
 	          .