Rhodine Road North Community Development District

Meeting Agenda March 13, 2025

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Rhodine Road North
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
March 6, 2025

Board of Supervisors Meeting
Rhodine Road North Community Development District
Dear Board Members:

A meeting of the Board of Supervisors of the Rhodine Road North Community Development District will be held on Thursday, March 13, 2025, at 1:30 PM at the Fairfield Inn & Suites Lakeland Plant City, 4307 Sterling Commerce Dr, Plant City, Florida 33566.

Zoom Video Link: https://us06web.zoom.us/j/88437429117
Call-In Information: 1-646-876-9923
Meeting ID: 884 3742 9117

Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period (Public Comments will be limited to three (3) minutes)
Approval of Minutes of the January 9, 2025 Board of Supervisors Meeting
Presentation of Arbitrage Rebate Report for Series 2022 Bonds
Staff Reports
Attorney
Engineer
Field Manager’s Report
Consideration of Proposals for Playground Shade Structure
Jammin Playgrounds, Inc.
Pro Playgrounds
Consideration of Proposal for Annual Bismark Palm Injections (Fishtail Avenue)
Consideration of Proposal for Installation of Message Center Board Near the Amenity
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

MINUTES

MINUTES OF MEETING RHODINE ROAD NORTH
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Rhodine Road North Community Development District was held on Thursday, January 9, 2025, at 1:37 p.m. at Fairfield Inn & Suites, Lakeland Plant City, 4307 Sterling Commerce Drive, Plant City, Florida.

Present and constituting a quorum:

Milton Andrade	Chairman
Brian Walsh	Vice Chairman
Garret Parkinson	Assistant Secretary
Kareyann Ellison	Assistant Secretary
David S. Adams	Appointed as Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Monica Virgen	District Manager, GMS
Savannah Hancock	District Counsel, Kilinski Van Wyk
Lauren Gentry by Zoom	District Counsel, Kilinski Van Wyk
Joel Blanco	Field Manager, GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order. Four Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns stated there were no members of the public present and no members of the public on Zoom.

THIRD ORDER OF BUSINESS	Organizational Matters
Acceptance of Resignation of Jeffrey Shenefield
Ms. Burns presented the resignation from Mr. Jeffrey Shenefield. She asked for a motion to accept that resignation.

January 9, 2025	Rhodine Road North CDD

On MOTION by Mr. Andrade, seconded by Ms. Ellison, with all in favor, Accepting the Resignation of Jeffrey Shenefield, was approved.

Appointment to Fill Vacant Board Seat #3
Ms. Burns asked if there were any nominations to fill Seat #3. Ms. Ellison nominated David Adams to fill the vacant seat.

On MOTION by Ms. Ellison, seconded by Mr. Walsh, with all in favor, Appointing David Adams to Fill Vacant Board Seat #3, was approved.

Administration of Oath to Newly Appointed Supervisor
Ms. Burns administered the oath to Mr. Adams. She stated that Mr. Adams had been on other CDD Boards and the Sunshine Law could be skipped.

Consideration of Resolution 2025-01 Appointing an Assistant Secretary
Ms. Burns stated this would appoint Mr. Adams as assistant secretary. She asked for a motion to approve.

On MOTION by Mr. Andrade, seconded by Ms. Ellison, with all in favor, Resolution 2025-01 Appointing David Adams as an Assistant Secretary, was approved.

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the July 11, 2024
Audit Committee Meeting and Board of Supervisors Meeting
Ms. Burns presented the minutes from the July 11, 2024, Board of Supervisors meetings. She asked for any questions, comments, or corrections from the Board. Hearing no changes from the Board, there was a motion of approval.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Minutes of the July 11, 2024, Audit Committee Meeting and Board of Supervisors Meeting, were approved.

January 9, 2025	Rhodine Road North CDD

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2025-02
Directing Chairman and District Staff to File a Petition Amending District Boundaries
Ms. Burns stated that the developer wanted a Boundary Amendment to include parcels adjacent to the District. Ms. Hancock stated that the resolution and the funding agreement referenced a different institute than in previous funding boundary amendments. She noted that it would be updated to reflect Clayton Properties Group. Ms. Hancock added that they understood the property had been deeded to the CDD. She confirmed they received a deed. Ms. Hancock stated they would send out the documents that needed to be signed. She noted that this petition would be filed with Hillsborough County to extend and expand the District's boundaries by approximately 10 acres.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, Resolution 2025-02 Directing Chairman and District Staff to File a Petition Amending District Boundaries, was approved as amended.

SIXTH ORDER OF BUSINESS	Consideration	of	Boundary	Amendment
Funding Agreement
Ms. Burns stated they were looking for a motion to approve. It would be with Clayton Properties Group, which will fund all the costs associated with the Boundary amendment.

On MOTION by Mr. Andrade, seconded by Ms. Ellison, with all in favor, the Boundary Amendment Funding Agreement, was approved as amended.

SEVENTH ORDER OF BUSINESS	Ratification of Audit Services Engagement
Letter for Fiscal Year 2024 through Fiscal Year 2028 Audits with Grau & Associates
Ms. Burns stated that the Board awarded the audit at the last meeting. The agreement had already been approved and needs to be ratified by the Board.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Audit Services Engagement Letter for Fiscal Year 2024 through Fiscal Year 2028 with Grau & Associates, was ratified.

January 9, 2025	Rhodine Road North CDD

EIGHTH ORDER OF BUSINESS	Presentation of Arbitrage Rebate Report for
Series 2019 bonds
Ms. Burns stated that page #4 of the report shows a negative arbitrage amount listed under the Internal Revenue Code; the District needs to demonstrate that we do not earn more interest on the bonds than we can pay. It is an independent report. Ms. Burns asked for a motion to approve the report.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Arbitrage Rebate Report for Series 2019 Bonds, was approved.

NINTH ORDER OF BUSINESS	Ratification of Agreement for Pet Waste
Station Maintenance Services
Ms. Burns stated they had a contract in place with a vendor to service the waste. She added they had sold that company to another entity, and when they did, they stopped servicing. The waste stations started backing up, and there were a lot of problems negotiating a new agreement with the entity. Ms. Burns noted that they had another vendor in the area they used, and they terminated the existing deal and got the other company to come in and start servicing the waste station

On MOTION by Mr. Andrade, seconded by Ms. Ellison, with all in favor, the Agreement for Pet Waste Station Maintenance Services, was ratified.

TENTH ORDER OF BUSINESS	Consideration	of	Resolution	2025-03
Authorizing the Establishment of an SBA Account
Ms. Burns stated that they had started budgeting for capital reserves. She added that they would have excess funds that they wanted to move to an SBA account, allowing the District to earn interest on the money they were using. Ms. Burns noted that they usually kept at least ¼ of the operating expenses in the fund. They used the rest to the SBA and transferred what was needed.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, Resolution 2025-03 Authorizing the Establishment of an SBA Account, was approved.

January 9, 2025	Rhodine Road North CDD

ELEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Hancock stated they would send the necessary documents associated with the boundary amendment petition that needs to be signed.

Engineer
Ms. Burns stated that the District Engineer is not on the line today.

Field Manager’s Report
Mr. Blanco presented the field manager’s report. Mr. Blanco said they did a pre- and post- hurricane review before and after Hurricane Milton. He noted that they staked many of the trees falling on the front entrance of Ridgewood South. He added they had cut back several fallen trees on Ridgewood N, most of them were on landscape easements. Therefore, it didn’t affect a lot of homeowners. Mr. Blanco noted that a solar light went missing from the mailbox in Ridgewood N, which was replaced, and our maintenance staff was redoing the perimeter fencing on the model home on Ridgewood S. Then, the Rhodine Rd. fencing on Ridgewood N was pending installation by a vendor. It should take place in February. Mr. Blanco stated they did an overall review of the landscaping and ponds of the landscaping throughout the District, which remained in satisfactory condition. Mr. Blanco noted that a Sabal Palm was found dying, and there was a proposal to replace it. The previously approved Bismark Palm was installed and is thriving. The ponds remain in excellent condition. Mr. Blanco added that the vendor sprayed the grass and had applied algae treatments in several ponds when spotted.

Consideration of Proposal for Sabal Palm Removal & Replacement (Ridgewood South Frontage Area)
Mr. Blanco presented the proposal for removing the dead Sabal Palm and installing the new Sabal Palm. The proposals are for $1,380. There was a detailed discussion about when the palm died and the amount the proposal is to remove and replace it. Mr. Blanco stated that the price was within the landscape improvement budget.

On MOTION by Mr. Andrade, seconded by Mr. Parkinson, with all in favor, the Proposal for Sabal Palm Removal & Replacement (Ridgewood South Frontage Area) was approved.

January 9, 2025	Rhodine Road North CDD

Consideration of Proposal for Installation of Additional Landscape Lighting (Ridgewood South Front Area & Ridgewood North Amenity Area) (to be provided under separate cover)
Mr. Blanco stated there was a lack of landscape lighting around the District. They were going to add solar power lighting or an alternative light method. The mailbox area in Ridgewood
S. needed more lighting as well. There is a proposal to add solar-powered lights in Ridgewood N. Proposal #389. Mr. Blanco stated that after the Field Manager’s report was submitted, the solar lights at the monument were stolen again. He said they would propose putting them on a 13-foot decorated pole that would go three feet in the ground so it would be 10 feet high with solar light fixtures that have the panel integrated into the fixture. Mr. Blanco said they feel the likelihood of it being stolen again would be better if it were high. The proposal was for $7,158.00 for six poles. It was determined that this proposal should be tabled until more research can be done. They will look into different methods, get photos, and then bring the proposal to the next meeting.

Consideration of Proposal for Installation of Mailbox Lighting (Ridgewood South) (to be provided under separate cover)
Mr. Blanco stated that the residents' feedback was that it was too dark once it turned 6:00
p.m. They proposed installing more lighting where the mailboxes are located.

On MOTION by Mr. Andrade, seconded by Ms. Ellison, with all in favor, the Proposal for Installation of Mailbox Lighting (Ridgewood South), was approved.

District Manager’s Report
Approval of Check Register
Ms. Burns presented the check register included in the agenda package for review.

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

Balance Sheet and Income Statement
Ms. Burns stated that the financial statements are included in the package for review. She noted that no action was necessary on those; they were for informational purposes.

January 9, 2025	Rhodine Road North CDD

TWELFTH ORDER OF BUSINESS	Other Business
Ms. Burns stated that she had spoken to the new HOA President. They were interested in having a message board by the mailboxes. She added that typically if they do that, it is just a simple license agreement. Ms. Burns asked if the Board was okay with authorizing the Chair to work with the staff to facilitate that request.
Ms. Burns noted that they had collected most of our assessments on the tax bill at the last budget meeting and were close to being fully collected through December. She added that they had had a discussion regarding shade structure versus plantings and that $45,000 was included.
Ms. Burns said that the direction of the Board was to lean towards the shade. She asked if they wanted to bring back the proposals to the next meeting so they could go ahead and order the shade structure. She noted they would add other quotes and options from different vendors to be presented at the next meeting.

THIRTEENTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There were no audience comments.

FOURTEENTH ORDER OF BUSINESS	Adjournment
Ms. Burns asked for a motion to adjourn the meeting.

On MOTION by Mr. Andrade, seconded by Ms. Ellison, with all in favor, the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Section IV

REBATE REPORT
$4,680,000
Rhodine Road North Community Development District
(Hillsborough County, Florida)
Special Assessment Bonds, Series 2022

Dated: January 25, 2022
Delivered: January 25, 2022

Rebate Report to the Computation Date January 25, 2025
Reflecting Activity To January 25, 2025

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Bond Debt Service Schedule	11	
Arbitrage Rebate Calculation Detail Report – Acquisition & Construction Account	13	
Arbitrage Rebate Calculation Detail Report – Reserve Account	14	
Arbitrage Rebate Calculation Detail Report – Interest Account	15	
Arbitrage Rebate Calculation Detail Report – Cost of Issuance Account	16	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	17	

March 5, 2025

Rhodine Road North Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$4,680,000 Rhodine Road North Community Development District (Hillsborough County,
Florida), Special Assessment Bonds, Series 2022	

Dear Ms. Costa:
AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Rhodine Road North Community Development District (the “District”).
The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of January 31, 2026. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the January 25, 2025 Computation Date
Reflecting Activity from January 25, 2022 through January 25, 2025

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition & Construction Account	0.044240%	410.44	(33,287.38)	
Reserve Account	3.648048%	14,303.09	1,281.53	
Interest Account	0.815784%	611.38	(2,043.95)	
Cost of Issuance Account	0.215566%	0.52	(8.20)	
Totals	1.088065%	$15,325.43	$(34,058.00)	
Bond Yield	3.334586%		
Rebate Computation Credits	(6,353.62)	
Net Rebatable Arbitrage	$(40,411.62)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from January 25, 2022, the date of the closing, to January 25, 2025, the Computation Date. All nonpurpose payments and receipts are future valued to the Computation Date of January 25, 2025.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between January 25, 2022 and January 25, 2025, the District made periodic payments into the Debt Service Fund that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

In accordance with Page B-1 of the Arbitrage and Tax Certificate, Exhibit B (Arbitrage Rebate Covenants) the first (initial) Computation Date must be within 60 days of the end of the third Bond Year. After the first required payment date (Computation Date) the District must consistently treat either the last day of each Bond Year or the last day of each fifth Bond Year as the (subsequent) Computation Date(s). Therefore, for purposes of the arbitrage calculation, the first Computation Date is January 25, 2025.

DEFINITIONS

Computation Date
January 25, 2025.

Computation Period
The period beginning on January 25, 2022, the date of the closing, and ending on January 25, 2025, the Comptutation Date.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows:

Accounts	Account Number	
Revenue	221828000	
Interest	221828001	
Sinking	221828002	
Reserve	221828003	
Prepayment	221828004	
Acquisition & Construction	221828005	
Cost of Issuance	221828006	

METHODOLOGY
Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of January 25, 2025, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to January 25, 2025. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on January 25, 2025, is the Rebatable Arbitrage.

$4,680,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2022 Delivered: January 25, 2022

Sources of Funds

Par Amount	$4,680,000.00	
Net Original Issue Premium	91,078.80	
Total	$4,771,078.80	

Uses of Funds

Acquisition & Construction Account	$4,227,064.63	
Reserve Account	130,110.00	
Interest Account	125,829.17	
Cost of Issuance Account	194,475.00	
Underwriter’s Discount	93,600.00	
Total	$4,771,078.80	

Prepared by AMTEC	(Finance 8.901)

PROOF OF ARBITRAGE YIELD
$4,680,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2022

Date	

Debt Service	Present Value to 01/25/2022
@ 3.3345861082%	
05/01/2022	43,766.67	43,382.39	
11/01/2022	82,062.50	80,008.01	
05/01/2023	177,062.50	169,798.58	
11/01/2023	80,827.50	76,240.43	
05/01/2024	175,827.50	163,129.22	
11/01/2024	79,592.50	72,633.31	
05/01/2025	179,592.50	161,202.08	
11/01/2025	78,292.50	69,122.80	
05/01/2026	183,292.50	159,171.24	
11/01/2026	76,927.50	65,708.31	
05/01/2027	181,927.50	152,846.59	
11/01/2027	75,562.50	62,442.81	
05/01/2028	185,562.50	150,829.08	
11/01/2028	73,912.50	59,092.38	
05/01/2029	183,912.50	144,625.07	
11/01/2029	72,262.50	55,893.86	
05/01/2030	187,262.50	142,469.09	
11/01/2030	70,537.50	52,784.77	
05/01/2031	190,537.50	140,245.12	
11/01/2031	68,737.50	49,764.52	
05/01/2032	2,318,737.50	1,651,187.42	
11/01/2032	24,337.50	17,046.67	
05/01/2033	149,337.50	102,884.78	
11/01/2033	22,275.00	15,094.50	
05/01/2034	152,275.00	101,495.87	
11/01/2034	20,130.00	13,197.21	
05/01/2035	155,130.00	100,035.24	
11/01/2035	17,902.50	11,355.07	
05/01/2036	157,902.50	98,510.77	
11/01/2036	15,592.50	9,568.18	
05/01/2037	160,592.50	96,929.83	
11/01/2037	13,200.00	7,836.55	
05/01/2038	163,200.00	95,299.32	
11/01/2038	10,725.00	6,160.07	
05/01/2039	165,725.00	93,625.72	
11/01/2039	8,167.50	4,538.53	
05/01/2040	168,167.50	91,915.06	
11/01/2040	5,527.50	2,971.61	
05/01/2041	170,527.50	90,173.00	
11/01/2041	2,805.00	1,458.93	
05/01/2042	172,805.00	88,404.81	
	6,522,521.67	4,771,078.80	
	
Proceeds Summary		

Delivery date	01/25/2022	
Par Value	4,680,000.00	
Premium (Discount)	91,078.80	
Target for yield calculation	4,771,078.80	

Prepared by AMTEC	(Finance 8.901)

PROOF OF ARBITRAGE YIELD
$4,680,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2022 Assumed Call/Computation Dates for Premium Bonds

Bond Component	Maturity Date	Rate	Yield	Call Date	Call Price	Yield To Call/Maturity	
TERM04	05/01/2043	4.000%	3.500%	05/01/2032	100.000	3.5010823%	
TERM04	05/01/2044	4.000%	3.500%	05/01/2032	100.000	3.5010823%	
TERM04	05/01/2045	4.000%	3.500%	05/01/2032	100.000	3.5010823%	
TERM04	05/01/2046	4.000%	3.500%	05/01/2032	100.000	3.5010823%	
TERM04	05/01/2047	4.000%	3.500%	05/01/2032	100.000	3.5010823%	
TERM04	05/01/2048	4.000%	3.500%	05/01/2032	100.000	3.5010823%	
TERM04	05/01/2049	4.000%	3.500%	05/01/2032	100.000	3.5010823%	
TERM04	05/01/2050	4.000%	3.500%	05/01/2032	100.000	3.5010823%	
TERM04	05/01/2051	4.000%	3.500%	05/01/2032	100.000	3.5010823%	
TERM04	05/01/2052	4.000%	3.500%	05/01/2032	100.000	3.5010823%	

Rejected Call/Computation Dates for Premium Bonds

Bond Component	Maturity Date	Rate	Yield	Call Date	Call Price	Yield To Call/Maturity	Increase to Yield	
TERM04	05/01/2043	4.000%	3.500%			3.7078913%	0.2068090%	
TERM04	05/01/2044	4.000%	3.500%			3.7162947%	0.2152124%	
TERM04	05/01/2045	4.000%	3.500%			3.7239342%	0.2228519%	
TERM04	05/01/2046	4.000%	3.500%			3.7309045%	0.2298222%	
TERM04	05/01/2047	4.000%	3.500%			3.7372852%	0.2362029%	
TERM04	05/01/2048	4.000%	3.500%			3.7431440%	0.2420618%	
TERM04	05/01/2049	4.000%	3.500%			3.7485386%	0.2474563%	
TERM04	05/01/2050	4.000%	3.500%			3.7535185%	0.2524362%	
TERM04	05/01/2051	4.000%	3.500%			3.7581264%	0.2570441%	
TERM04	05/01/2052	4.000%	3.500%			3.7623995%	0.2613172%	

Prepared by AMTEC	(Finance 8.901)

BOND DEBT SERVICE
$4,680,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2022

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
01/25/2022						
05/01/2022			43,766.67	43,766.67	43,766.67	
11/01/2022			82,062.50	82,062.50		
05/01/2023	95,000	2.600%	82,062.50	177,062.50	259,125.00	
11/01/2023			80,827.50	80,827.50		
05/01/2024	95,000	2.600%	80,827.50	175,827.50	256,655.00	
11/01/2024			79,592.50	79,592.50		
05/01/2025	100,000	2.600%	79,592.50	179,592.50	259,185.00	
11/01/2025			78,292.50	78,292.50		
05/01/2026	105,000	2.600%	78,292.50	183,292.50	261,585.00	
11/01/2026			76,927.50	76,927.50		
05/01/2027	105,000	2.600%	76,927.50	181,927.50	258,855.00	
11/01/2027			75,562.50	75,562.50		
05/01/2028	110,000	3.000%	75,562.50	185,562.50	261,125.00	
11/01/2028			73,912.50	73,912.50		
05/01/2029	110,000	3.000%	73,912.50	183,912.50	257,825.00	
11/01/2029			72,262.50	72,262.50		
05/01/2030	115,000	3.000%	72,262.50	187,262.50	259,525.00	
11/01/2030			70,537.50	70,537.50		
05/01/2031	120,000	3.000%	70,537.50	190,537.50	261,075.00	
11/01/2031			68,737.50	68,737.50		
05/01/2032	120,000	3.000%	68,737.50	188,737.50	257,475.00	
11/01/2032			66,937.50	66,937.50		
05/01/2033	125,000	3.300%	66,937.50	191,937.50	258,875.00	
11/01/2033			64,875.00	64,875.00		
05/01/2034	130,000	3.300%	64,875.00	194,875.00	259,750.00	
11/01/2034			62,730.00	62,730.00		
05/01/2035	135,000	3.300%	62,730.00	197,730.00	260,460.00	
11/01/2035			60,502.50	60,502.50		
05/01/2036	140,000	3.300%	60,502.50	200,502.50	261,005.00	
11/01/2036			58,192.50	58,192.50		
05/01/2037	145,000	3.300%	58,192.50	203,192.50	261,385.00	
11/01/2037			55,800.00	55,800.00		
05/01/2038	150,000	3.300%	55,800.00	205,800.00	261,600.00	
11/01/2038			53,325.00	53,325.00		
05/01/2039	155,000	3.300%	53,325.00	208,325.00	261,650.00	
11/01/2039			50,767.50	50,767.50		
05/01/2040	160,000	3.300%	50,767.50	210,767.50	261,535.00	
11/01/2040			48,127.50	48,127.50		
05/01/2041	165,000	3.300%	48,127.50	213,127.50	261,255.00	
11/01/2041			45,405.00	45,405.00		
05/01/2042	170,000	3.300%	45,405.00	215,405.00	260,810.00	
11/01/2042			42,600.00	42,600.00		
05/01/2043	175,000	4.000%	42,600.00	217,600.00	260,200.00	
11/01/2043			39,100.00	39,100.00		
05/01/2044	185,000	4.000%	39,100.00	224,100.00	263,200.00	
11/01/2044			35,400.00	35,400.00		
05/01/2045	190,000	4.000%	35,400.00	225,400.00	260,800.00	
11/01/2045			31,600.00	31,600.00		
05/01/2046	200,000	4.000%	31,600.00	231,600.00	263,200.00	
11/01/2046			27,600.00	27,600.00		
05/01/2047	205,000	4.000%	27,600.00	232,600.00	260,200.00	
11/01/2047			23,500.00	23,500.00		
05/01/2048	215,000	4.000%	23,500.00	238,500.00	262,000.00	
11/01/2048			19,200.00	19,200.00		
05/01/2049	225,000	4.000%	19,200.00	244,200.00	263,400.00	
11/01/2049			14,700.00	14,700.00		
05/01/2050	235,000	4.000%	14,700.00	249,700.00	264,400.00	

Prepared by AMTEC	(Finance 8.901)

BOND DEBT SERVICE
$4,680,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2022

Period Ending	Principal	Coupon	Interest	Debt Service	Annual Debt Service	
11/01/2050			10,000.00	10,000.00		
05/01/2051	245,000	4.000%	10,000.00	255,000.00	265,000.00	
11/01/2051			5,100.00	5,100.00		
05/01/2052	255,000	4.000%	5,100.00	260,100.00	265,200.00	
	4,680,000		3,192,121.67	7,872,121.67	7,872,121.67	

$4,680,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2022 Acquisition & Construction Account

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.334586%)

01/25/22	Beg	Bal	-4,227,064.63	-4,667,952.74	
02/03/22			240,542.42	265,436.15	
02/11/22			14,331.59	15,803.15	
02/24/22			5,500.00	6,057.50	
02/24/22			12,316.31	13,564.73	
03/08/22			3,610.06	3,970.88	
03/08/22			24,525.20	26,976.44	
03/08/22			614,624.77	676,055.11	
03/08/22			3,367.62	3,704.21	
03/08/22			20,720.45	22,791.41	
03/18/22			6,534.10	7,180.57	
04/01/22			4,246.50	4,661.07	
04/04/22			622,693.81	683,296.65	
04/04/22			896,458.45	983,705.07	
04/25/22			320,282.75	350,776.49	
04/25/22			2,918.01	3,195.83	
04/25/22			152,762.50	167,306.84	
04/26/22			14,378.25	15,745.74	
05/05/22			456,078.25	499,042.27	
05/10/22			13,260.10	14,502.58	
05/10/22			150,554.01	164,661.03	
05/26/22			57,594.94	62,899.11	
06/02/22			375,794.67	410,177.09	
06/10/22			2,323.23	2,533.93	
06/10/22			11,201.45	12,217.32	
07/13/22			200,782.65	218,328.90	
12/07/23			60.85	63.17	
01/25/25	Bal		12.10	12.10	
01/25/25	Acc		0.03	0.03	
01/25/25	TOTALS:	410.44	-33,287.38	

ISSUE DATE:	01/25/22	
REBATABLE ARBITRAGE:	
-33,287.38	
COMP DATE:	01/25/25	NET INCOME:	410.44	
BOND YIELD: 3.334586%	TAX INV YIELD:	0.044240%	

$4,680,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2022 Reserve Account

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.334586%)

01/25/22	Beg	Bal	-130,110.00	-143,680.64	
02/02/22			0.15	0.17	
03/02/22			0.60	0.66	
04/04/22			0.67	0.74	
05/03/22			0.64	0.70	
06/02/22			32.80	35.80	
07/05/22			74.90	81.51	
08/02/22			130.76	141.94	
09/02/22			196.97	213.22	
10/04/22			225.01	242.86	
11/02/22			294.72	317.28	
12/02/22			359.16	385.59	
01/04/23			405.78	434.36	
02/02/23			432.05	461.30	
03/02/23			414.12	440.94	
04/04/23			468.11	496.96	
05/02/23			472.71	500.55	
06/02/23			514.25	543.04	
07/05/23			503.34	529.91	
08/02/23			525.90	552.29	
09/05/23			546.04	571.71	
10/03/23			528.77	552.20	
11/02/23			547.47	570.21	
12/04/23			531.05	551.48	
12/22/23			0.13	0.13	
01/03/24			548.58	568.17	
02/02/24			545.94	563.93	
03/04/24			508.59	523.81	
03/22/24			0.01	0.01	
04/02/24			542.52	557.32	
05/02/24			523.88	536.69	
06/04/24			541.61	553.23	
07/02/24			523.98	533.84	
08/02/24			540.69	549.35	
09/04/24			538.48	545.50	
10/02/24			503.47	508.72	
11/04/24			491.14	494.81	
12/03/24			458.61	460.81	
01/03/25			459.18	460.11	
01/25/25	Bal		130,110.00	130,110.00	
01/25/25	Acc		370.31	370.31	
01/25/25	TOTALS:	14,303.09	1,281.53	

ISSUE DATE:	01/25/22	
REBATABLE ARBITRAGE:	
1,281.53	
COMP DATE:	01/25/25	NET INCOME:	14,303.09	
BOND YIELD: 3.334586%	TAX INV YIELD:	3.648048%	

$4,680,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2022 Interest Account

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.334586%)

01/25/22	Beg	Bal	-125,829.17	-138,953.31	
02/02/22			0.14	0.15	
03/02/22			0.58	0.64	
04/04/22			0.65	0.71	
05/02/22			43,766.67	47,902.83	
05/03/22			0.62	0.68	
06/02/22			20.69	22.58	
07/05/22			47.24	51.41	
08/02/22			82.47	89.52	
08/04/22			-278.14	-301.86	
09/02/22			124.62	134.90	
10/04/22			142.40	153.70	
11/01/22			82,062.50	88,352.95	
11/02/22			186.51	200.79	
12/02/22			0.77	0.83	
01/04/23			0.87	0.93	
02/02/23			0.92	0.98	
03/02/23			0.89	0.95	
04/04/23			1.00	1.06	
05/01/23			-81,784.36	-86,609.45	
05/01/23			82,062.50	86,904.00	
05/02/23			1.01	1.07	
01/25/25	TOTALS:	611.38	-2,043.95	

ISSUE DATE:	01/25/22	
REBATABLE ARBITRAGE:	
-2,043.95	
COMP DATE:	01/25/25	NET INCOME:	611.38	
BOND YIELD: 3.334586%	TAX INV YIELD:	0.815784%	

$4,680,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2022 Cost of Issuance Account

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(3.334586%)

01/25/22	Beg	Bal	-194,475.00	-214,758.98	
01/25/22			48,000.00	53,006.46	
01/25/22			45,000.00	49,693.56	
01/25/22			1,750.00	1,932.53	
01/25/22			30,000.00	33,129.04	
01/25/22			6,000.00	6,625.81	
01/25/22			57,722.38	63,742.90	
02/01/22			5,725.00	6,318.64	
08/04/22			278.14	301.86	
01/25/25	TOTALS:	0.52	-8.20	

ISSUE DATE:	
01/25/22	
REBATABLE ARBITRAGE:	
-8.20	
COMP DATE:	01/25/25	NET INCOME:	0.52	
BOND YIELD:	3.334586%	TAX INV YIELD:	0.215566%	

$4,680,000
Rhodine Road North Community Development District (Hillsborough County, Florida)
Special Assessment Bonds, Series 2022 Rebate Computation Credits

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(3.334586%)	
01/25/23	-1,960.00	-2,094.02	
01/25/24	-2,070.00	-2,139.60	
01/25/25	-2,120.00	-2,120.00	
01/25/25	TOTALS:	-6,150.00	-6,353.62	

ISSUE DATE:	01/25/22	REBATABLE ARBITRAGE: -6,353.62 COMP DATE:	01/25/25
BOND YIELD: 3.334586%

Section V

Section C

Rhodine Road North CDD
Field Management Report

March 13th, 2025 Joel Blanco Field Manager GMS

1

Rhodine CDD Field Management Report | GMS 2025

aZ

Completed

Fence Repairs

Field Staff oversaw the completion of the district fence repairs throughout. Fence repair vendor was mobilized during the first week of February and repaired damage fencing along the perimeter of Rhodine Rd. and CDD owned fencing bordering the amenity.
Maintenance staff was also utilized to complete smaller repairs behind the dry pond on Stone Pine St.
Maintenance will be scheduled to pressure wash fence.

2

Rhodine CDD Field Management Report | GMS 2025

Completed

Mailbox Solar Lights – Ridgewood South

	
The mailbox solar lights that were approved at the previous meeting have been installed by our maintenance staff.

Entrance Lights

Rhodine CDD Field Management Report | GMS 2025

3

Entrance light fixtures and solar panel have been ordered. Panel will lay flat and reinforced with a hi- strength adhesive onto the base with bracket to secure the panel.
“Area is being monitored” signs have been ordered and will be installed along with the fixtures.
Both Ridgewood – South entrance lights were found faulty and were replaced.

Site Review

Overall Review (Landscaping & Ponds)

Field Staff has conducted an overall review of the district— both landscaping and pond maintenance.
Landscaping remains in satisfactory conditions—neat, tidy, and uniformed throughout the community.
Landscaping beds have been detailed, crepe myrtles have been trimmed throughout, and common area bushes have been trimmed and leveled.
Ponds have experienced an uptick on algae blooms due to the fertilization of the lawns with vendor mobilized after review.
Littoral plantings are thriving at the pond next to the amenity.
Several ponds were spotted with some trash—mostly around the mailbox area. Our maintenance staff has been utilized to remove trash at the district ponds.

Site Review

Amenity Review

Field Staff has conducted a review of the district amenity. Amenity palms were trimmed in preparation for the spring season and high amenity use. Pool remains in satisfactory standards—consistently clean and maintained.
The HOA approached us regarding an installation of a community message board. Attached is a proposal for a cedar-colored message board to be installed by the mailbox area for board review.
Some maintenance was completed at the playground area—installation of gate latch and greasing the swings with a barrier to be installed at the bottom portion of the fence to contain rubber mulch.
Attached are (2) proposals for a 30 x 30 x10 shade structure installation at the playground area for board review.

Conclusion

For any questions or comments regarding the above information, please contact me by phone at 786-238-9473, or by email at jblanco@gmscfl.com. Thank you.

Respectfully, Joel Blanco

Section 1

SECTION (a)

QUOTE
Rhodine Road North CDD 12042 Downy Birch Dr RIVERVIEW FL 33569 USA

Date
Mar 5, 2025
Expiry
Apr 4, 2025
Quote Number QU-4262
Reference
Rhodine Rd - Shade Option 2

Jammin Playgrounds Inc. 4417 13th st PMB 143
ST.CLOUD FL 34769 UNITED STATES

Rhodine Road North CDD - 12042 Downy Birch Dr, Riverview, FL 33569
TAX EXEMPT
THIS IS A PRELIMINARY QUOTE. JAMMIN MUST CONDUCT A SITE VISIT TO CONFIRM SHADE DIMENSIONS AND SITE CONDITIONS IF CUSTOMER CHOOSES TO ACCEPT THIS SCOPE OF WORK.
Based on easy access to playground area. Any restrictions in access will result in a change order. Based on water & electric hookups available within 100ft. If no hookups are available, a change order will be issued. Permitted project.
Jammin is not responsible for any damage to concrete sidewalks, irrigation, landscaping, sod, etc.

Description	Quantity	Unit Price	Tax	Amount USD	
Permit price STARTS at $2,000 PLUS the actual permit cost. Price will be adjusted on final invoice. Customer is responsible for providing all required documents for permitting. City/County building departments may require a recent survey versus a site plan. This will be the sole responsibility of the customer to retrieve those documents for Jammin to start the permit process.	1.00	2,000.00	Tax on Sales	2,000.00	
Relocate existing mulch to the side to accommodate for new installation. Jammin will push mulch back into place when our scope of work is complete.	1.00	350.00	Tax on Sales	350.00	
Supply & Delivery of 30’x30’x10’ Hip Shade. 4 Columns on Base plates
Glide Elbows Elbows. Frame Color: TBD Fabric Color: TBD	1.00	12,873.00	Tax on Sales	12,873.00	
*Includes engineered drawings required for permitting.					
Freight for Shade	1.00	1,350.00	Tax on Sales	1,350.00	

Description	Quantity	Unit Price	Tax	Amount USD	
Supply, Delivery, & Installation of (4) 3.5" Post Caps for existing playground roof.	1.00	750.00	Tax on Sales	750.00	
*Includes removal of existing roof.					
Installation of 30’x30’10’ Hip Shade Structure to spec. 4 Footers listed @ 3.93’x3.93’x3’
(Please see note regarding footers). No hard digging.
*If boxes are required to prevent footer holes from caving in due to drainage or other site conditions, an additional $650 per box will be added to the final invoice.	1.00	10,950.00	Tax on Sales	10,950.00	
Machine Rental	1.00	2,750.00	Tax on Sales	2,750.00	
Receiving equipment, Storage @ Jammin's shop until job is ready & Delivery to job site for installation.	1.00	200.00	Tax on Sales	200.00	
*STORAGE PRICE IS BASED ON PROJECT BEING READY FOR INSTALLATION WITHIN 2-3 WEEKS OF RECEIVING THE EQUIPMENT. IF ANY DELAYS IN INSTALLATION OCCUR AFTER RECEIVING EQUIPMENT (DUE TO CUSTOMER), ADDITIONAL STORAGE FEES @ $50 PER WEEK WILL BE ADDED TO THE FINAL INVOICE.					
Dumpster Rental	1.00	950.00	Tax on Sales	950.00	
			Subtotal	32,173.00	
			TOTAL TAX	0.00	
			TOTAL USD	32,173.00	

Terms

Customer agrees to contact all private utilities directly to conduct underground locates prior to Jammin's arrival. Any underground utilities that are damaged during installation will be the responsibility of the customer to fix.
Permit price STARTS at $1,500 PLUS the actual permit cost, depending on location. Price will be adjusted on final invoice. Customer will be responsible for providing any and all documents required for permitting. Any delays will result in additional charges.
If Jammin quotes have expired prior to a PO being issued, prices may need to be adjusted to reflect any price increases from manufacturers and/or freight companies. If any additional permits, such as LDO's or Zoning clearance, are required for building permits to be issued, additional charges may apply. Permit paperwork needs to be filled out & returned to Jammin Playgrounds as quickly as possible. Any delays in returning permit documents may result in price increases. Time is of the essence with any permitting documents needed for submittal.
Exclusions: Excavation, irrigation, sod damage/replacement, concrete sidewalks, underground pipes, etc. Any unforeseen hazards or issues that arise upon arrival to the job site will result in a change order.
Any items not listed herein will NOT be covered.
If customer assumes excavation responsibility for any surfacing project, the warranty for said surfacing will be automatically voided, since Jammin cannot ensure the excavation was done properly to eliminate all grass/weed roots that may grow in the future.
Artificial Turf and Rubber Surfacing are capable of getting hot in direct sunlight, although it does not retain or radiate much heat. Jammin Playgrounds cannot guarantee that grass/weeds will not grow through the drainage holes. Reflection from windows, highly reflective or shiny surfaces, or glass top tables can create a magnifying affect and melt the turf or damage rubber surfacing. Compression causes the

fibers on artificial turf to lay down and that is considered normal wear & tear.
Shade Installation price is based on footer information provided. If footer dimensions change due to permitting or engineered drawings, a change order will be issued.
Customer is responsible for providing site plan and/or recent survey if permitting requires. Some additional charges may be added if permitting office requires architect drawings to show setbacks. Customer is also responsible for any CAD drawings that are requested for permitting.
*IF YOU WOULD LIKE TO ACCEPT THIS QUOTE, PLEASE SIGN AND RETURN TO Sandra@JamNPlay.com. A 50% DEPOSIT WILL BE REQUIRED PRIOR TO ANY EQUIPMENT BEING PURCHASED BY JAMMIN PLAYGROUNDS (UNLESS OTHERWISE STATED).
*Any cancellations for approved projects may result in restocking fees and/or additional charges for items already purchased.
In the unlikely event that Jammin Playgrounds is required to file a civil action or institute any collection effects against a customer, customer agrees to pay any and all cost, fees, expenses and attorney fees incurred by Jammin Playgrounds regardless of whether suit is actually filed and including but not limited to any and all costs, fees, expenses, and attorney fees incurred on appeal or in any post judgement collection efforts or proceedings.

Signature:		 Title:	
Date:	

SECTION (b)

For over a decade, our customers have entrusted us to provide safe and affordable playground and recreational equipment. Our team of Certified General Contractors and Playground Safety Inspectors will insure that your project is completed to perfection, providing truly turnkey service, with every step of the process from planning and budgeting, through the installation being handled under one roof.

The	Play & Recreation  Experts

PlAYGROUNDS

1-800-573-7529	I www.proplaygrounds.com

Pro Playgrounds 8490 Cabin Hill Road Tallahassee, FL 32311

Jeff Shade Job

Project Name

Quote
Date	Estimate #	
1/27/2025	38032	

12042 Downy Birch Dr. Riverview, FL 33569

Ship To

Rhodine Road North CDD/Ridgewood

Customer / Bill To

WE WILL BEAT ANY PRICE BY 5%!

Item	Description	Qty	Cost	Total:	
	Furnish labor and materials to:				
	1. Install a RD303012 SG				
	2. provide eng dwgs				
	3. permitting				
	
**SHADE STRUCTURE**				
22-SD303012SG	12' Height -SURFACE MOUNT - WITH GLIDE-	1	14,040.05	14,040.05	
	SQUARE				
CLR	Colors: TBD			0.00	
ENGDRAW	Engineered Drawings for Permitting	1	840.00	840.00	
Shipping	Combined Shipping and Freight Charges	1	1,430.00	1,430.00	
	**RAW MATERIALS**				
FBLOCK	Footer Blocks	4	2.00	8.00	
RBAR5	No. 5 Rebar	300	1.75	525.00	
RMC	Ready Mix Concrete 2500 PSI MIN	8	195.00	1,560.00	
	**PERMIT, RENTALS, LABOR**				
22-Rentals	Misc rentals for construction (forklift, excavator,	1	2,200.00	2,200.00	
	conc pump, dumpster)				
LBR	Labor and Installation	1	12,900.00	12,900.00	
	Subtotal:	
	Sales Tax: (7.5%)	
	Total:	

Pro Playgrounds 8490 Cabin Hill Road Tallahassee, FL 32311

Jeff Shade Job

Project Name

Quote
Date	Estimate #	
1/27/2025	38032	

12042 Downy Birch Dr. Riverview, FL 33569

Ship To

Rhodine Road North CDD/Ridgewood

Customer / Bill To

WE WILL BEAT ANY PRICE BY 5%!

Item	Description	Qty	Cost	Total:	
OSPERMIT	PERMIT - NOT IN FLORIDA - PERMITTING IS NOT INCLUDED IN THIS PRICE, CUSTOMER IS RESPONSIBLE FOR OBTAINING AND PAYING FOR ALL PERMITS IF REQUIRED.		0.00	0.00	
	Subtotal:	
$33,503.05	
	Sales Tax: (7.5%)	$0.00	
	Total:	$33,503.05	

30'	30'	12'	4.18	3	
17.55'
Ø6.6" Sch-40 12.5'
1	Glide
Ø5.0" 11-Ga 19.56'
4	Base Plate Ø5.0" 11-Ga 7.5'	N/A	3	

Out of range Out of range 5.95

N/A N/A N/A

30 X 30

Color Options
Frame
Glms	Matte, Tntured, o, MetalLNl

Fabric

rhls. optioll ll\cilJdes. colors that are cahforoia Fire Marshal certified and pass the NrPA 701 or ASTM E84 ·tests. se1-ect color ootlons are fli'll'l\e retardant

Tradltl'alal J'llaric

··■

Natural

Dual C.olm' Fabric

Tl'lanqli!- 5all alXi Hyper-baltc Sil.ILa•

Tb1r. optJiOn ts a"a1t:able fo, an UJ)C eJOCkJs.velv tor 01.1< Hi/'p,ar umbralta.

a

■
WIIMrprDol' Fabric
Th.s option IS aVclllable e((ChJSl\fel<,I far our Arched cantlleYe.r:.r lo..;e-r.
ands POst aoo t':'antlllevet" wat,,,rproof urnbfellas_
TI!tll	8

Section 2

Estimate		
ADDRESS		ESTIMATE		14426		
Rhodine Road North CDD
11650 Rhodine Road North		DATE		03/04/2025		
Riverview, FL 33579						
ACTIVITY	DESCRIPTION		QTY	RATE		AMOUNT	
Services	OTC- Lethal Bronzing Injections		1	110.00		110.00	
	
TOTAL				$110.00	

Accepted By Accepted Date

Cardinal Landscaping services of Tampa, Inc.
817 E. Okaloosa Ave. Tampa, FL 33604
+18139159696

Page 1 of 1

Section 3

Invoice#: 394	Invoice#: 03/13/2025

Bill To/District	Prepared By:	
Rhodine Road North CDD	Governmental Management Services- CF,
LLC	
	219 E. Livingston Street	
	Orlando, FL 32801	
Job name and Description	
Job Name: Installation of Message Center By Amenity
Description: Installation of 43 x 6 x 100, Cedar colored Message Center by the Mailbox Area near the Amenity. Posts would be reinforced with concrete.	

Governmental Management Services - CF

Qty	Description	Unit Price	Line Total	
8	Labor	$50.00	$400	
1	Mobilization	$65.00	$65.00	
	Equipment		$145	
	Materials		$1,291.88	

				
				
Total Due:	$1,901.88	

Thank you for your business!

Maintenance Services Phone: 407-201-1514
Email: Csmith@gmscfl.com

Client Signature: 	

GOVERNMENTAL MANAGEMENT SERVICES 2025 | Invoice

Section D

Section 1

Rhodine Road North Community Development District

Summary of Check Register

January 1, 2025 to February 28, 2025

Fund	Date	Check No.'s	Amount

General Fund		
	1/7/25	693-699	$	15,059.23	
	1/22/25	700-707	$	202,374.39	
	2/24/25	712-719	$	33,019.14	
	2/28/25	720	$	500,000.00	

Total Amount	$	750,452.76

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/06/25	PAGE	1
*** CHECK DATES 01/01/2025 - 02/28/2025 ***	RHODINE ROAD NORTH - GENERAL

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	STATUS		AMOUNT	....CHECK..... AMOUNT	#	
1/07/25 00017 12/18/24 25459	202412 320-53800-46200
CARDINAL LANDSCAPING SVCS OF TAMPA	*		10,470.13	
10,470.13 000693	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/07/25 00043 10/01/24 GMS10012 202410 330-57200-34500
CURRENT DEMANDS ELECTRICAL &	- - - -
*	- - - -	- - - - - -	- - - - - - - -

285.60 000694	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/07/25 00010 11/30/24 185	202411 320-53800-48000
GOVERNMENTAL MANAGEMENT SERVICES	- - - -
*	- - - -	- - - - - -	- - - - - - - -

1,351.98 000695	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/07/25 00042 12/31/24 0478	202412 330-57200-48200
JNJ CLEANING SERVICES LLC	- - - -
*	- - - -	- - - - - -	- - - - - - - -

520.50 000696	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/07/25 00033 12/12/24 11052	202411 310-51300-31500
KILINSKI VAN WYK, PLLC	- - - -
*	- - - -	- - - - - -	- - - - - - - -

206.50 000697	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/07/25 00040	1/05/25 10863	202501 330-53800-51000
SUNCOAST POOL SERVICE	- - - -
*	- - - -	- - - - - -	- - - - - - - -

1,020.00 000698	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/07/25 00027	1/07/25 01072025 202501 330-53800-52000
WHFS, LLC	- - - -
*	- - - -	- - - - - -	- - - - - - - -

1,204.52 000699	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00045 12/10/24 39009	202412 330-57200-48100
ALL AMERICAN LAWN AND TREE SPECIAL	- - - -
*	- - - -	- - - - - -	- - - - - - - -

120.00 000700	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00017	1/08/25 25476	202501 320-53800-46300
CARDINAL LANDSCAPING SVCS OF TAMPA	- - - -
*	- - - -	- - - - - -	- - - - - - - -

2,675.00 000701	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00053 12/31/24 157181	202412 320-53800-48000
FLORIDA STATE FENCE	- - - -
*	- - - -	- - - - - -	- - - - - - - -

7,474.10 000702	
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00010	1/01/25 186	202501 310-51300-34000
1/01/25 186	202501 310-51300-35200	- - - -
*
*	- - - -	- - - - - -

111.33	- - - - - - - -	
WEBSITE AMDIN JAN25
1/01/25 186	202501 310-51300-35100	*		167.00		
INFORMATION TECH JAN25					

BANK A RHODINE ROAD NORTH

LANDSCAPE MAINT DEC24

PROXIMITY CARDS

285.60

HOLIDAY DECOR INSTALL

1,351.98

JANITORIAL SVC

520.50

ATTORNEY FEES

206.50

POOL SERVICE JAN24

1,020.00

PLAYGROUND LEASE JAN25

1,204.52

PEST CONTROL

120.00

TREE TRIMMING

2,675.00

FENCE REPAIRS

7,474.10

MANAGEMENT FEES JAN25

3,750.00

RRNC RHODINE ROAD N HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/06/25	PAGE	2
*** CHECK DATES 01/01/2025 - 02/28/2025 ***	RHODINE ROAD NORTH - GENERAL
BANK A RHODINE ROAD NORTH

DATE	DATE	
	1/01/25	
	1/01/25	
	1/01/25	
	1/01/25	
	1/01/25	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
186	202501 310-51300-31300	*	556.50
DISSEMINATION SVC JAN25
186	202501 330-57200-12000	*	1,041.67
AMENITY ACCESS
186	202501 310-51300-51000	*	.06
OFFICE SUPPLIES
186	202501 310-51300-42000	*	1.39
POSTAGE
187	202501 320-53800-12000	*	1,460.83
FIELD MANAGEMENT JAN25
GOVERNMENTAL MANAGEMENT SERVICES	7,088.78 000703
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00033	1/15/25 11279	202412 310-51300-31500	*	132.00
ATTORNEY FEES
1/15/25 11280	202412 310-51300-31500	*	406.50
ATTORNEY FEES
KILINSKI VAN WYK, PLLC	538.50 000704
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00051	1/22/25 01222025 202501 300-20700-10000	*	121,180.88
ASSESSMENTS THRU 1/7/25
RHODINE ROAD CDD SERIES 2019	121,180.88 000705
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00052	1/22/25 01222025 202501 300-20700-10000	*	62,092.61
ASSESSMENTS THRU 1/7/25
RHODINE ROAD CDD SERIES 2020	62,092.61 000706
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00027	1/22/25 01222025 202501 300-15500-10000	*	1,204.52
PLAYGROUND LEASE FEB25
WHFS, LLC	1,204.52 000707
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00031	1/09/25 BW010920 202501 310-51300-11000	*	200.00
BOS MEETING 1/9/25
1/09/25 BW010920 202501 310-51300-11000	V	200.00-
BOS MEETING 1/9/25
BRIAN WALSH	.00 000708
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00034	1/09/25 GP010920 202501 310-51300-11000	*	200.00
BOS MEETING 1/9/25
1/09/25 GP010920 202501 310-51300-11000	V	200.00-
BOS MEETING 1/9/25
GARRET PARKINSON	.00 000709
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00047	1/09/25 KE010920 202501 310-51300-11000	*	200.00
BOS MEETING 1/9/25
1/09/25 KE010920 202501 310-51300-11000	V	200.00-
BOS MEETING 1/9/25
KAREYANN ELLISON	.00 000710
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
RRNC RHODINE ROAD N HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/06/25	PAGE	3
*** CHECK DATES 01/01/2025 - 02/28/2025 ***	RHODINE ROAD NORTH - GENERAL
BANK A RHODINE ROAD NORTH
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/22/25 00026	1/09/25 MA010920 202501 310-51300-11000	*	200.00
BOS MEETING 1/9/25
1/09/25 MA010920 202501 310-51300-11000	V	200.00-
BOS MEETING 1/9/25
MILTON ANDRADE	.00 000711
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/24/25 00017	1/21/25 25505	202501 320-53800-46200	*	10,470.13
LANDSCAPE MAINT JAN25
CARDINAL LANDSCAPING SVCS OF TAMPA	10,470.13 000712
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/24/25 00053	2/06/25 157182	202502 320-53800-48000	*	7,474.10
FINAL PAYMENT
FLORIDA STATE FENCE	7,474.10 000713
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/24/25 00010 10/31/24 182	202410 320-53800-48000	*	2,935.00
FENCE REPAIRS MILTON
12/31/24 188	202412 320-53800-48000	*	1,066.47
INSTALL SOLAR LIGHTS
2/01/25 189	202502 310-51300-34000	*	3,750.00
MANAGEMENT FEES FEB25
2/01/25 189	202502 310-51300-35200	*	111.33

	2/01/25	
	2/01/25	
	2/01/25	
	2/01/25	
	2/01/25	
	2/01/25	
	2/01/25	

WEBSITE MAINT FEB25
189	202502 310-51300-35100	*	167.00
INFORMATION TECH FEB25
189	202502 310-51300-31300	*	556.50
DISSEMINATION SVC FEB25
189	202502 330-57200-12000	*	1,041.67
AMENITY ACCESS FEB25
189	202502 310-51300-51000	*	2.68

202502 310-51300-42000	*	47.91	
202502 320-53800-12000	*	1,460.83	

OFFICE SUPPLIES 189
POSTAGE 190
FIELD MGMT FEB25
190	202502 320-53800-49000	*	130.50
MEETING ROOM
GOVERNMENTAL MANAGEMENT SERVICES	11,269.89 000714
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/24/25 00042	1/27/25 0489	202501 330-57200-49000	*	520.50
JANITORIAL SVCS
JNJ CLEANING SERVICES LLC	520.50 000715
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/24/25 00054	2/06/25 4486	202502 330-57200-48200	*	295.00
EMPTY WASTE
RAINMAKER PRESSURE CLEANING, LLC	295.00 000716
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
RRNC RHODINE ROAD N HHENRY

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	3/06/25	PAGE	4
*** CHECK DATES 01/01/2025 - 02/28/2025 ***	RHODINE ROAD NORTH - GENERAL

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS					AMOUNT	....CHECK.....
AMOUNT	#	
2/24/25 00022	2/01/25 117991	202502 320-53800-47300	*					765.00	

- - - - - - - -	LAKE MAINTENANCE FEB25
REMSON AQUATICS
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	
-	
-	
-	
-	765.00 000717
- - - - - - - - - - - - - -	
2/24/25 00040	2/01/25 10924	202502 330-53800-51000	*
SUNCOAST POOL SERVICE					1,020.00
1,020.00 000718	
- - - - - - - - 2/24/25 00027

- - - - - - - - 2/28/25 00055

- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/24/25 02242025 202502 300-15500-10000	*
WHFS, LLC
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/28/25 02282025 202502 300-15100-10000	*
RHODINE ROAD NORTH CDD C/O SBA
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-

-

-	-

-

-	-

-

-	-

-

-	- - - - - - - - - - - - - -
1,204.52
1,204.52 000719
- - - - - - - - - - - - - -
500,000.00
500,000.00 000720
- - - - - - - - - - - - - -	
	TOTAL FOR BANK A					750,452.76	
	TOTAL FOR REGISTER					750,452.76	

BANK A RHODINE ROAD NORTH

POOL SERVICE FEB25

PLAYGROUND LEASE MAR25

SBA INITIAL DEPOSIT

RRNC RHODINE ROAD N HHENRY

Section 2

Rhodine Road North
Community Development District

Unaudited Financial Reporting
February 28, 2025

Table of Contents

1

2-3

4

5

6

7

8

9-10

11

12

	Balance Sheet

	General Fund

	Debt Service Fund Series 2019

	Debt Service Fund Series 2022

	Capital Projects Fund Series 2019

	Capital Projects Fund Series 2022

	Capital Reserve Fund

	Month to Month

	Long Term Debt Report

	Assessment Receipt Schedule

13-Jan		Utility Schedule Comparison

Rhodine Road North
Community Development District Combined Balance Sheet February 28, 2025

General
Fund

Debt Service
Funds

Capital
Funds

Totals
Governmental Funds

Assets:
Cash:
Operating Account Capital Projects Account
Investments:
Money Market Account

-	-	205	205	
-	-	42,685	42,685	

$	276,681	$

-	$	-

$	276,681

State Board of Administration	500,000	-	-	500,000	
Series 2019 Reserve	
-	
253,713	
-	
253,713	
Revenue	-	660,264	-	660,264	
Prepayment	-	734	-	734	
Construction	-	-	0	0	
Series 2022 Reserve	
-	
130,110	
-		
130,110	
Revenue	-	308,247	-		308,247	
Construction	-	-		17	17	
Due from General Fund	-	-	-	-	
Due from Debt Service	55,628	-	-	55,628	
Prepaid Expenses	12,850	-	-	12,850	
Total Assets	$	845,160	$	1,353,068	$	42,908	$	2,241,135	
Liabilities:
Accounts Payable	

$	1,118	

$	

-	$	

-	$	1,118	
FICA Payable	153		-	-	153	
Federal Withholding	50		-	-	50	
Due to General Fund	-	55,628		-	55,628	
Total Liabilites	$	1,321	$	55,628	$	-	$	56,949	
Fund Balance:
Nonspendable:
Prepaid Items	$	12,850	

$	-	

$	

-	$	12,850	
Restricted for:
Debt Service - Series 2019	
-	
877,932	
-	
877,932	
Debt Service - Series 2022		419,508		419,508	
Capital Projects - Series 2019	-	-	205	205	
Capital Projects - Series 2022 Assigned for:
Capital Reserves	-

-	-

-	17

42,685	17

42,685	
Unassigned	830,989	-	-	830,989	
Total Fund Balances	$	843,839	$	1,297,440	$	42,908	$	2,184,187	
					
Total Liabilities & Fund Balance	$	845,160	$	1,353,068	$	42,908	$	2,241,135	

Rhodine Road North
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

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

Revenues:		
Assessments - Tax Roll	$	628,057	$	621,087	$	621,087	$	-	
Boundary Amendment Contributions	-	-	353		353	
Other Income	-	-	60		60	
Total Revenues	$	628,057	$	621,087	$	621,499	$	413	

Expenditures:						
General & Administrative:						
Supervisor Fees	$	12,000	$	5,000	$	1,000	$	4,000	
FICA Expense	-	-	77		(77)	
Engineering	12,500	5,208	-		5,208	
Attorney	20,000	8,333	745		7,588	
Annual Audit	6,800	2,833	-		2,833	
Assessment Administration	5,565	2,319	2,319		-	
Arbitrage	900	375	-		375	
Dissemination	6,678	2,783	2,783		-	
Trustee Fees	6,829	2,845	1,779		1,066	
Management Fees	45,000	18,750	18,750		-	
Information Technology	2,004	835	835		-	
Website Maintenance	1,336	557	557		(0)	
Postage & Delivery	500	208	148		60	
Insurance	6,817	2,840	2,763		77	
Copies	500	208	-		208	
Legal Advertising	2,500	1,042	-		1,042	
Other Current Charges	2,500	1,042	207		834	
Boundary Amendment Expenses	-	-	353		(353)	
Office Supplies	500	208	3	205	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	133,103	$	55,562	$	32,493	$	23,069	

Rhodine Road North
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

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

Operations & Maintenance		
Field Expenditures
Property Insurance	
$	12,000	
$	5,000	
$	3,122	
$	1,878	
Field Management	17,530	7,304	7,304	0	
Landscape Maintenance	125,650	52,354	41,881	10,474	
Landscape Replacement	20,000	8,333	2,675	5,658	
Lake Maintenance	17,820	7,425	3,335	4,090	
Streetlights	82,680	34,450	26,636	7,814	
Electric	1,500	625	651	(26)	
Water & Sewer	20,000	8,333	1,239	7,094	
Irrigation Repairs	6,250	2,604	-	2,604	
General Repairs & Maintenance	12,500	5,208	20,652	(15,443)	
Contingency	2,500	1,042	331	711	
Subtotal Field Expenditures	$	318,430	$	132,679	$	107,826	$	24,853	

Amenity Expenditures
Amenity - Electric	

$	11,880	

$	4,950	

$	3,424	

$	1,526	
Amenity - Water	1,980	825	751	74	
Internet	792	330	347	(17)	
Playground/Furniture Lease	14,454	6,023	6,023	(0)	
Pest Control	1,680	700	420	280	
Janitorial Services	8,130	3,388	2,377	1,011	
Security Services	5,000	2,083	714	1,369	
Pool Maintenance	12,608	5,253	5,100	153	
Amenity Access Management	12,500	5,208	5,208	(0)	
Amenity Repairs & Maintenance	10,000	4,167	-	4,167	
Contingency	2,500	1,042	-	1,042	
Shade Structure	45,000	18,750	-	18,750	
Subtotal Amenity Expenditures	$	126,524	$	52,718	$	24,365	$	28,354	
					
Total Operations & Maintenance	$	444,954	$	185,398	$	132,191	$	53,207	
					
Total Expenditures	$	578,057	$	240,959	$	164,683	$	76,276	
					
Excess (Deficiency) of Revenues over Expenditures	$	50,000		$	456,816		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	(50,000)	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	(50,000)	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	-		$	456,816		
					
Fund Balance - Beginning	$	-		$	387,023		
					
Fund Balance - Ending	$	-		$	843,839		

Rhodine Road North
Community Development District Debt Service Fund Series 2019
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

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

Revenues:					
Assessments - Tax Roll	$	507,737	$	502,104	$	502,104	$	-	
Interest	12,000	5,000	10,228	5,228	
Total Revenues	$	519,737	$	507,104	$	512,332	$	5,228	

Expenditures:					
Interest - 11/1	$	173,819	$	173,819	$	173,819	$	-	
Principal - 5/1	160,000	-	-	-	
Interest - 5/1	173,819	-	-	-	
Total Expenditures	$	507,639	$	173,819	$	173,819	$	-	
						
Excess (Deficiency) of Revenues over Expenditures	$	12,099		$	338,513			
						
Fund Balance - Beginning	$	276,942		$	539,419			
						
Fund Balance - Ending	$	289,041		$	877,932			

Rhodine Road North
Community Development District Debt Service Fund Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

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

Revenues:					
Assessments - Tax Roll	$	260,220	$	257,334	$	257,334	$	-	
Interest	5,000	2,083	4,625	2,541	
Total Revenues	$	265,220	$	259,417	$	261,958	$	2,541	

Expenditures:					
Interest - 11/1	$	79,593	$	79,593	$	79,593	$	-	
Principal - 5/1	100,000	-	-	-	
Interest - 5/1	79,593	-	-	-	
Total Expenditures	$	259,184	$	79,593	$	79,593	$	-	
						
Excess (Deficiency) of Revenues over Expenditures	$	6,036		$	182,366			
						
Fund Balance - Beginning	$	103,118		$	237,142			
						
Fund Balance - Ending	$	109,154		$	419,508			

Rhodine Road North
Community Development District Capital Projects Fund Series 2019
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

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

Revenues

Developer Contributions	$	-	$	-	$	-	$	-	
Interest	-		-		-		-		
Total Revenues	$	-	$	-	$	-	$	-	

Expenditures:

Other Current Charges	

$	

-	$	

-	$	208	

$	(208)	
Total Expenditures	$	-	$	-	$	208	$	(208)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(208)		
					
Fund Balance - Beginning	$	-	$	413		
					
Fund Balance - Ending	$	-	$	205		

Rhodine Road North
Community Development District Capital Projects Fund Series 2022
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

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

Revenues		
Interest	$	-	$	-	$	0	$	0	
Total Revenues	$	-	$	-	$	0	$	0	

Expenditures:			
Capital Outlay	$	-	$	-	$	-	$	-	
Capital Outlay - Cost of Issuance	-	-	-	-	
Total Expenditures	$	-	$	-	$	-	$	-	
			
Excess (Deficiency) of Revenues over Expenditures	$	-	$	0		
			
Net Change in Fund Balance	$	-	$	0		
			
Fund Balance - Beginning	$	-	$	17		
			
Fund Balance - Ending	$	-	$	17		

Rhodine Road North
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

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

Revenues:

Interest	

$	-	

$	

-	$	696	

$	696	
Total Revenues	$	-	$	-	$	696	$	696	

Expenditures:

Capital Outlay	

$	-	

$	

-	$	-	

$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	696		

Other Financing Sources/(Uses):

Transfer In/(Out)	

$	50,000	

$	

-	$	-	

$	-	
Total Other Financing Sources/(Uses)	$	50,000	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	50,000		$	696		
					
Fund Balance - Beginning	$	22,509		$	41,989		
					
Fund Balance - Ending	$	72,509		$	42,685		

Rhodine Road North
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total

Revenues:

Assessments - Tax Roll

$	-	$

41,750  $

422,579  $

97,646  $

59,112  $

-	$	-	$	-	$

-	$	-	$

-	$	-

$	621,087

Boundary Amendment Contributions	-	-	-	-	353	-	-	-	-	-	-	-	353	
Other Income	60	-	-	-	-	-	-	-	-	-	-	-	60	
Total Revenues	$	60  $	41,750  $	422,579  $	97,646  $	59,464  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	621,499	

Expenditures:

General & Administrative:

Supervisor Fees	$	-	$	-	$	-	$	-	$	1,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,000	
FICA Expense	-		-		-	-		77	-		-		-	-		-		-		-		77	

Engineering	-	-	-	-	-	-	-	-	-	-	-	-	-	
Attorney	-	207	539	-	-	-	-	-	-	-	-	-	745	
Annual Audit	-	-	-	-	-	-	-	-	-	-	-	-	-	
Assessment Administration	464	464	464	464	464	-	-	-	-	-	-	-	2,319	
Arbitrage	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dissemination	557	557	557	557	557	-	-	-	-	-	-	-	2,783	
Trustee Fees	356	356	356	356	356	-	-	-	-	-	-	-	1,779	
Management Fees	3,750	3,750	3,750	3,750	3,750	-	-	-	-	-	-	-	18,750	
Information Technology	167	167	167	167	167	-	-	-	-	-	-	-	835	
Website Maintenance	111	111	111	111	111	-	-	-	-	-	-	-	557	
Postage & Delivery	64	1	34	1	48	-	-	-	-	-	-	-	148	
Insurance	553	553	553	553	553	-	-	-	-	-	-	-	2,763	
Copies	-	-	-	-	-	-	-	-	-	-	-	-	-	
Legal Advertising	-	-	-	-	-	-	-	-	-	-	-	-	-	
Other Current Charges	41	41	41	41	44	-	-	-	-	-	-	-	207	
Boundary Amendment Expenses	-	353	-	-	-	-	-	-	-	-	-	-	353	
Office Supplies	0	0	0	0	3	-	-	-	-	-	-	-	3	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total General & Administrative	$	6,237	$	6,558	$	6,571	$	5,999	$	7,128	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	32,493	

Rhodine Road North
Community Development District Month to Month

	Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	

Operations & Maintenance													
Field Expenditures
Property Insurance	

$	624	

$	624	

$	624	

$	624	

$	624	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-	

$	-  $	3,122	
Field Management	1,461	1,461	1,461	1,461	1,461	-	-	-	-	-	-	-	7,304	
Landscape Maintenance	10,470	10,470	10,470	10,470	-	-	-	-	-	-	-	-	41,881	
Landscape Replacement	-	-	-	2,675	-	-	-	-	-	-	-	-	2,675	
Lake Maintenance	765	1,040	765	-	765	-	-	-	-	-	-	-	3,335	
Streetlights	5,351	5,351	5,351	5,351	5,232	-	-	-	-	-	-	-	26,636	
Electric	221	212	74	73	71	-	-	-	-	-	-	-	651	
Water & Sewer	290	225	232	253	240	-	-	-	-	-	-	-	1,239	
Irrigation Repairs	-	-	-	-	-	-	-	-	-	-	-	-	-	
General Repairs & Maintenance	3,285	1,352	8,541	-	7,474	-	-	-	-	-	-	-	20,652	
Contingency	80	120	-	-	131	-	-	-	-	-	-	-	331	
Subtotal Field Expenditures	$	22,547	$	20,856	$	27,517	$	20,907	$	15,998	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	107,826	

Amenity Expenditures
Amenity - Electric	

$	707	

$	526	

$	693	

$	719	

$	779	

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

3,424	
Amenity - Water	196	85	205	133	134	-	-	-	-	-	-	-	751	
Internet	69	69	69	69	69	-	-	-	-	-	-	-	347	
Playground/Furniture Lease	1,205	1,205	1,205	1,205	1,205	-	-	-	-	-	-	-	6,023	
Pest Control	120	180	120	-	-	-	-	-	-	-	-	-	420	
Janitorial Services	521	521	521	521	295	-	-	-	-	-	-	-	2,377	
Security Services	714	-	-	-	-	-	-	-	-	-	-	-	714	
Pool Maintenance	1,020	1,020	1,020	1,020	1,020	-	-	-	-	-	-	-	5,100	
Amenity Access Management	1,042	1,042	1,042	1,042	1,042	-	-	-	-	-	-	-	5,208	
Amenity Repairs & Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Contingency	-	-	-	-	-	-	-	-	-	-	-	-	-	
Subtotal Amenity Expenditures	$	5,593	$	4,647	$	4,874	$	4,708	$	4,544	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	24,365	
								
Total Operations & Maintenance	$	28,140	$	25,503	$	32,391	$	25,615	$	20,542	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	132,191	
								
Total Expenditures	$	34,377	$	32,061	$	38,961	$	31,614	$	27,670	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	164,683	
								
Excess (Deficiency) of Revenues over Expenditures	$	(34,317)	$	9,689	$	383,618	$	66,031	$	31,794	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	456,816	

Other Financing Sources/Uses:								
Transfer In/(Out)	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Total Other Financing Sources/Uses	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
								
Net Change in Fund Balance	$	(34,317)	$	9,689	$	383,618	$	66,031	$	31,794	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	456,816	

Rhodine Road North
Community Development District Long Term Debt Report

Series 2019, Special Assessment Revenue Bonds	
Interest Rate:	3.500%, 4.000%, 4.500%, 4.750%	
Maturity Date:	5/1/2050	
Reserve Fund Definition	50% of Maximum Annual Debt Service	
Reserve Fund Requirement	$253,713	
Reserve Fund Balance	$253,713	
Bonds Outstanding - 6/28/19	$10,000,000	
Less: Special Call - 11/1/20	($1,455,000)	
Less: Special Call - 2/1/21	($25,000)	
Less: Principal Payment - 5/1/21	($140,000)	
Less: Special Call - 5/1/21	($25,000)	
Less: Special Call - 8/1/21	($15,000)	
Less: Special Call - 2/1/22	($30,000)	
Less: Principal Payment - 5/1/22	($145,000)	
Less: Special Call - 5/1/22	($5,000)	
Less: Principal Payment - 5/1/23	($150,000)	
Less: Principal Payment - 5/1/24	($155,000)	
Current Bonds Outstanding	$7,855,000	

Series 2022, Special Assessment Revenue Bonds	
Interest Rate:	2.600%, 3.000%, 3.300%, 4.000%	
Maturity Date:	5/1/2052	
Reserve Fund Definition	50% Maximum Annual Debt Service	
Reserve Fund Requirement	$130,110	
Reserve Fund Balance	$130,110	
Bonds Outstanding - 1/25/22	$4,680,000	
Less: Principal Payment - 5/1/23	($95,000)	
Less: Principal Payment - 5/1/24	($95,000)	
Current Bonds Outstanding	$4,490,000	

Rhodine Road North
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2025

ON ROLL ASSESSMENTS

Gross Assessments	$ 668,143.08	$	540,145.77	$	276,830.28	$ 1,485,119.13	
Net Assessments	$ 628,054.50	$	507,737.02	$	260,220.46	$ 1,396,011.98	
	45%	36%	19%	100%	

Date	Distribution	Gross Amount	Discount/Penalty	Commission	Interest	Net Receipts	General Fund	2019 Debt Service	2022 Debt Service	Total	

11/6/24	
10/1/2024-10/31/24	
$	6,396.57	
$	(266.84)	
$	(122.59)	
$	-	
$	6,007.14	
$	2,702.56	
$	2,184.83	
$	1,119.75	
$	6,007.14	
11/15/24	11/1/2024-11/10/2024	$	7,495.88	$	(299.83)	$	(143.93)	$	-	$	7,052.12	$	3,172.70	$	2,564.89	$	1,314.53	$	7,052.12	
11/22/24	11/11/2024-11/17/2024	$	98,662.16	$	(3,946.46)	$  (1,894.31)	$	-	$	92,821.39	$  41,759.59	$	33,759.64	$	17,302.16	$	92,821.39	
12/03/24	11/18/2024-11/25/2024	$	17,631.09	$	(705.25)	$	(338.52)	$	-	$	16,587.32	$	7,462.50	$	6,032.90	$	3,091.92	$	16,587.32	
12/06/24	11/26/2024-11/30/2024	$  978,616.39	$	(39,144.33)	$ (18,789.44)	$	-	$	920,682.62	$ 414,207.66	$	334,857.19	$	171,617.77	$	920,682.62	
12/16/24	12/01/2024-12/10/2024	$  125,201.92	$	(4,996.50)	$  (2,404.11)	$	-	$	117,801.31	$  52,997.85	$	42,844.97	$	21,958.49	$	117,801.31	
01/07/25	12/11/2024-12/31/2024	$  228,738.58	$	(9,035.87)	$  (4,394.05)	$	-	$	215,308.66	$  96,865.63	$	78,308.91	$	40,134.12	$	215,308.66	
01/31/25	Q1 Interest	$	-	$	-	$	-	$ 1,734.21	$	1,734.21	$	780.21	$	630.74	$	323.26	$	1,734.21	
02/07/25	01/01/2025-01/31/2025	$	2,688.65	$	(107.55)	$	(51.62)	$	-	$	2,529.48	$	1,137.99	$	919.99	$	471.50	$	2,529.48	
		$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
		$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
	Total	$ 1,465,431.24	$	(58,502.63)	$ (28,138.57)	$ 1,734.21	$	1,380,524.25	$ 621,086.69	$	502,104.06	$	257,333.50	$ 1,380,524.25	

99%
$	15,487.73

Net Percent Collected Balance Remaining to Collect