MINUTES OF MEETING CORDOVA PALMS COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Cordova Palms Community Development District was held on Wednesday, August 9, 2023 at 10:00 a.m. at the offices of Governmental Management Services, LLC, 475 West Town Place, Suite 114, St. Augustine, Florida 32092. Present and constituting a quorum were: Louis Cowling Chairman Don Gullion Vice Chairman James Shonkwiler Supervisor Also present were: Daniel Laughlin District Manager Wes Haber by phone District Counsel Chad Sigmon Dream Finders Homes The following is a summary of the discussions and actions taken at the August 9, 2023 meeting. FIRST ORDER OF BUSINESS Roll Call Mr. Laughlin called the meeting to order at 10:00 a.m. SECOND ORDER OF BUSINESS Public Comment There being no members of the public present, the next item followed. THIRD ORDER OF BUSINESS Approval of Minutes of the July 24, 2023 Meeting There were no comments on the minutes. On MOTION by Mr. Cowling seconded by Mr. Shonkwiler with all in favor the minutes of the July 24, 2023 meeting were approved. FOURTH ORDER OF BUSINESS Public Hearing for the Purpose of Adopting the Fiscal Year 2024 Budget DocuSign Envelope ID: 0538155A-EC7A-4421-B1C3-1F23438D1A52 July 12, 2023 Cordova Palms CDD 2 On MOTION by Mr. Cowling seconded by Mr. Gullion with all in favor the public hearing was opened. There being no members of the public present, a motion to close the public hearing followed. On MOTION by Mr. Cowling seconded by Mr. Gullion with all in favor the public hearing was closed. A. Consideration of Resolution 2023-06, Relating to Annual Appropriations and Adopting the Budget for Fiscal Year 2024 Mr. Laughlin noted there is no increase in assessments proposed for Fiscal Year 2024. On MOTION by Mr. Cowling seconded by Mr. Shonkwiler with all in favor Resolution 2023-06, relating to annual appropriations and adopting the budget for Fiscal Year 2024 was approved. B. Consideration of Resolution 2023-07, Imposing Special Assessments and Certifying an Assessment Roll for Fiscal Year 2024 On MOTION by Mr. Cowling seconded by Mr. Shonkwiler with all in favor Resolution 2023-07, imposing special assessments and certifying an assessment roll for Fiscal Year 2024 was approved. FIFTH ORDER OF BUSINESS Staff Reports A. District Counsel There being nothing to report, the next item followed. B. District Engineer – Approval of Requisition Summary Mr. Laughlin presented requisition 39 payable to AJ Johns in the amount of $483,741.68. On MOTION by Mr. Cowling seconded by Mr. Shonkwiler with all in favor the requisition summary was approved. Mr. Cowling noted change order number two from AJ Johns totaling $11,033.87 requires approval. DocuSign Envelope ID: 0538155A-EC7A-4421-B1C3-1F23438D1A52 July 12, 2023 Cordova Palms CDD 3 On MOTION by Mr. Cowling seconded by Mr. Gullion with all in favor AJ Johns Change Order #2 was approved. Mr. Cowling informed the Board that Dream Finders is working with St. Johns County on an agreement for mowing County Road 312 to provide preferred upkeep of the main entrance. C. District Manager – Consideration of Designating a Regular Meeting Schedule for Fiscal Year 2024 Mr. Laughlin presented a proposed meeting schedule for Fiscal Year 2024 including meetings on the second Wednesday of each month at 10:00 a.m. Mr. Gullion stated that a later meeting time would be ideal as both he and Supervisor Spiess have a conflict at 10:00 a.m. on Wednesdays. Mr. Cowling suggested meeting at 1:00 p.m. On MOTION by Mr. Cowling seconded by Mr. Gullion with all in favor the Fiscal Year 2024 meeting schedule was approved as revised. SIXTH ORDER OF BUSINESS Financial Reports A. Financial Statements as of June 30, 2023 Copies of the financial statements were included in the agenda package for the board’s review. B. Check Register A copy of the check register totaling $7,404.09 was included in the agenda package for the Board’s review. On MOTION by Mr. Cowling seconded by Mr. Shonkwiler with all in favor the check register was approved. C. Ratification of Construction Funding Request #1 DocuSign Envelope ID: 0538155A-EC7A-4421-B1C3-1F23438D1A52 July 12, 2023 Cordova Palms CDD 4 A copy of construction funding request number one totaling $1,342,292.76 was included in the agenda package. On MOTION by Mr. Cowling seconded by Mr. Gullion with all in favor construction funding request #1 was approved. D. Construction Funding Request #2 A copy of construction funding request number two totaling $500,796.20 was included in the agenda package. On MOTION by Mr. Cowling seconded by Mr. Gullion with all in favor construction funding request #2 was approved. SEVENTH ORDER OF BUSINESS Supervisor Requests and Audience Comments There being none, the next item followed. EIGHTH ORDER OF BUSINESS Next Scheduled Meeting – September 13, 2023 at 10:00 a.m. at the offices of Governmental Management Services, LLC, 475 West Town Place, Suite 114, St. Augustine, Florida 32092 NINTH ORDER OF BUSINESS Adjournment On MOTION by Mr. Cowling seconded by Mr. Gullion with all in favor the meeting was adjourned ______________________________ _____________________________ Secretary/Assistant Secretary Chairman/Vice Chairman DocuSign Envelope ID: 0538155A-EC7A-4421-B1C3-1F23438D1A52