Rivers Edge II Community Development District 475 West Town Place, Suite 114
St. Augustine, Florida 32092 www.RiversEdge2CDD.com
June 10, 2026

Board of Supervisors
Rivers Edge II Community Development District Dear Board Members:
The Rivers Edge II Community Development District Board of Supervisors Meeting is scheduled to be held on, June 17, 2026 at 9:00 a.m. at the RiverHouse, 156 Landing Street, St. Johns, Florida 32259.
Following is the agenda for the meeting:

	I.	Call to Order

	I.	Public Comment

	I.	Approval of Consent Agenda
	A.	Minutes of the May 20, 2026 Meeting

	A.	Financial Statements as of April 30, 2026

	A.	Check Register

	I.	Staff Reports
	A.	Landscape Maintenance – Report

	A.	District Engineer

	A.	District Counsel

	A.	District Manager – Update on Landscape RFP

	A.	General Manager – Monthly Operations and Pond Reports

	I.	Ratification of Cost Share Request for The Groves Playground

	I.	Consideration of Proposal from AMTEC for Arbitrage Rebate Calculations

	I.	Consideration of TWC Services Equipment Lease Agreement
	II.	Acceptance of the Fiscal Year 2025 Audit Report

	I.	Discussion of the Fiscal Year 2027 Budget

	I.	Supervisor Requests

	I.	Audience Comments

	I.	Next Scheduled Meetings – July 1, 2026 at 10:00 a.m. (Special Joint Meeting) and July 15, 2026 at 9:00 a.m. (Regular Board Meeting) at the RiverHouse
	II.	Adjournment

THIRD ORDER OF BUSINESS

A.
MINUTES OF MEETING
RIVERS EDGE II COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Rivers Edge II Community Development District was held on Wednesday, May 20, 2026 at 9:05 a.m. at the RiverTown Amenity Center, 156 Landing Street, St. Johns, Florida.

Present and constituting a quorum were:
DJ Smith	Chairman
James Reid	Supervisor
Jarrett O’Leary	Supervisor
Phil Brandt	Supervisor

Also present were:
Corbin deNagy	District Manager
Lauren Gentry	District Counsel
Mary Grace Henley	District Counsel
Jeff Mason	District Engineer
Jason Davidson	Regional General Manager
Richard Losco	General Manager
Kevin McKendree	Field Operations Manager
Ken Council	Vesta Property Services
Lisa McCormick	Vesta Property Services
Mike Scuncio	Yellowstone Landscape
Malcolm Santos	Yellowstone Landscape
Garrett Cannady	Yellowstone Landscape Several Residents
The following is a summary of the discussions and actions taken at the May 20, 2026 meeting.

FIRST ORDER OF BUSINESS	Roll Call
Mr. deNagy called the meeting to order at 9:05 a.m. and called the roll.

SECOND ORDER OF BUSINESS	Public Comment
Chris Ninen asked the board to consider how good the community is being maintained when they consider proposals for landscaping. Next, he suggested just putting in swings at The Groves playground since there are two functioning pieces of equipment left.
Sheila Caballero commended Yellowstone on the upkeep of the landscaping in the community.

THIRD ORDER OF BUSINESS	Approval of Consent Agenda
	A.	Minutes of the April 15, 2026 Meeting
	B.	Financial Statements as of March 31, 2026
	C.	Check Register
Copies of the minutes, the financial statements, and the check register totaling
$140,008.44 were included in the agenda package for the Board’s review.

FOURTH ORDER OF BUSINESS	Staff Reports
	A.	Landscape Maintenance –Report
Mr. Santos provided an overview of Yellowstone’s report, a copy of which was included in the agenda package for the Board’s review.

	A.	District Engineer
There being nothing to report, the next item followed.

	A.	District Counsel
Ms. Gentry reminded the board members to complete their Form 1 by July 1st. Next. Ms. Gentry reminded the Board of the qualifying period for the general election to be held in November, which runs from June 8th through June 12th. Next, Ms. Gentry reminded the board members to complete four hours of ethics training prior to the end of the year. Next, Ms. Gentry reported that the boundary amendment hearing was successful to remove approximately 298 acres of undeveloped land from CDD II. Lastly, Ms. Gentry reported the bonds were closed successfully.
	A.	District Manager
	1.	Report on the Number of Registered Voters (1,288)
Mr. deNagy informed the Board that there are 1,288 registered voters reported to be residing within the District’s boundaries.

	1.	Reminder of Upcoming General Election
This item was covered under District Counsel’s report.

	A.	General Manager - Monthly Operations and Pond Reports
Copies of the monthly operations and pond reports were included in the agenda for Board review.

FIFTH ORDER OF BUSINESS	Cost Share Requests
	A.	Ratification of Cost Share Requests for the RiverHouse Pool Project
	1.	Repair Starting Platform (CO#5)
	2.	Step Repair (CO #6)
	3.	Speaker and Lighting Repair (CO #8)
	4.	Drainage Repair (CO #9)
Mr. Losco stated that all four change orders total $29,946. Mr. Losco noted it was necessary to approve these change orders in order to keep the pool opening timeline on track, therefore the CDD I Chairman approved the change orders between meetings.
Mr. Smith asked if the swim team provides any compensation to the District to cover wear and tear on the facilities.
Ms. Gentry responded they pay a flat fee of $1,500 a year and pay an additional fee for non-resident participants.

	A.	Consideration of Cost Share Request for Design and Permitting of the Stop Sign at Grand Bridge and Rivertown Main Street
Mr. Mason stated that the stop sign at Grand Bridge and Rivertown Main Street was requested by multiple residents. The proposal from Prosser is to prepare modified construction plans for the addition of a stop sign and stop bar, remove existing signage and submit for permitting through St. Johns County.
Mr. Brandt asked why this would not be paid for by the county since it is their road.
Mr. Mason responded the county indicated it is the CDD’s responsibility because it was requested by the CDD’s residents.

	A.	Consideration of Cost Share Request for RiverHouse Pool Umbrella Replacements
Mr. Losco presented the cost share request to replace 46 umbrellas for a total of
$19,162.34. Rivers Edge II’s portion comes to $5,649.09.

	A.	Consideration of Cost Share Request for The Groves Playground
Mr. Losco presented the cost share request to replace The Groves playground equipment. It was noted Kompan submitted a revised bid totaling $71,488.
Mr. Smith recommended moving forward with Kompan given that is a superior product and would provide the same aesthetic as what the rest of the playgrounds provide.
Mr. Brandt questioned if a playground as elaborate as what is being proposed is necessary given that it is a small park in a small neighborhood.
This item was tabled until the Rivers Edge CDD board could review the request.

	A.	Consideration of Cost Share Request for Basketball Court Fencing
Mr. Losco presented the cost share request to install fencing around the basketball court and recommended using Fencescape for a total of $16,680. Rivers Edge II’s portion would be
$4,917.26.

	A.	Consideration of Cost Share Request for Security Cameras
Mr. Losco presented the cost share request for additional security cameras for a total of
$10,800. Rivers Edge II’s portion would be $3,183.84.

SIXTH ORDER OF BUSINESS	Consideration of Resolution 2026-07,
Approving the Proposed Budget for Fiscal Year 2027 and Setting a Public Hearing Date
Mr. deNagy provided an overview of the proposed budget for fiscal year 2027, which as presented includes a 22% increase in assessments, largely due to reducing the developer’s contribution to the budget and increasing homeowner’s contributions as this is the last year the developer will be contributing to the operations of the District.
Mr. Brandt stated that he spoke to Mr. McKendree about the cost for the dock needing to be cut in half and there are some other items that could be dropped off, so the capital plan should be revised.

SEVENTH ORDER OF BUSINESS	Consideration of Resolution 2026-08,
Ratifying the Actions Taken to Close the Series 2026 Bonds
Ms. Gentry stated that this resolution ratifies any actions taken to close the Series 2026 bonds in a par amount of $4.84 million.

EIGHTH ORDER OF BUSINESS	Consideration of Amended and Restated
Disclosure of Public Financing
Ms. Gentry stated that Florida Statutes requires the District record in the public records information that  anyone  can access  regarding  how  different portions  of  the  District

infrastructure have been financed. This update includes information about the Series 2026 bonds and the assessment levels set in connection with those bonds.

NINTH ORDER OF BUSINESS	Discussion of Landscape and Irrigation
Maintenance Proposals
Mr. deNagy stated that upon review of the landscape and irrigation maintenance proposals, staff found that the proposals could not be compared apples to apples as they contained inconsistencies.
Ms. Gentry added that staff is recommending the Board allow staff to rebid the services. Staff has been working on making amendments to the RFP package that will hopefully clarify any points of confusion amongst the bidders.
Mr. Smith recommended adding more criteria to ensure the bidders have the capacity to bid this type of project.

Ms. Gentry stated that assuming all three boards approve a rebid, after the meeting all bidders will receive a notice that the services are being rebid, and instructions on how to request the revised package. Staff will aim to present the proposals during a joint meeting in July.

TENTH ORDER OF BUSINESS	Supervisor Requests
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS	Audience Comments
A resident suggested asking the landscape bidders to tour the community to understand the scope of work better. She also expressed concern of companies that may outsource some of the services.

TWELFTH ORDER OF BUSINESS	Next Scheduled Meeting – June 17, 2026 at
9:00 a.m. at the RiverHouse

THIRTEENTH ORDER OF BUSINESS	Adjournment

Secretary/Assistant Secretary	Chairman/Vice Chairman

B.

Rivers Edge II
Community Development District

Unaudited Financial Reporting
April 30, 2026
Combined Balance Sheet April 30, 2026

Assets:
Cash:										
Operating Account	$	128,940	$	-	$	10,796	$	-	$	139,735			
Due from Vesta - Café	155,989	-	-	-		155,989					
Due from Capital Project Fund	420	-	-	-		420					
Investments:
State Board of Administration (SBA)	5,772	

-	

62,326	

-		

68,098					
Custody	785,746	-	-	-		785,746					
Series 2020
Reserve	-	

230,975	

-	

-		

230,975					
Revenue	-	661,710	-	-		661,710					
Prepayment	-	139	-	-		139					
Construction	-	-	-	5,198		5,198					
Series 2021
Reserve	-	

247,994	

-	

-		

247,994					
Revenue	-	636,821	-	-		636,821					
Prepayment	-	16,112	-	-		16,112					
Construction	-	-	-	2,446		2,446					
Prepaid Expenses	1,030	-	-	-		1,030					
Deposits	16,840	-	-	-		16,840					
Total Assets	$	1,094,737	$	1,793,751	$	73,121	$	7,644	$	2,969,253					

Liabilities:
Accounts Payable	

$	51,266	

$	

-	$	

-	$	

-	$	

51,266				
Accrued Expenses	7,649		-	-	-	7,649				
Due to Vesta - Café	17,044		-	-	-	17,044				
Due to Mattamy	360		-	-	-	360				
Total Liabilities	$	76,318	$	-	$	-	$	-	$	76,318					

Fund Balance:
Nonspendable:
Prepaid Items	$	1,030	

$	

-	$	

-	$	

-	$	

1,030					
Deposits Restricted for:
Debt Service - Series	16,840

-	-

1,793,751	-

-	-

-	16,840

1,793,751					
Capital Project - Series	-	-	-	7,644	7,644					
Assigned for:										
Capital Reserve Fund	-	-	73,121	-		73,121				
Unassigned	1,000,549	-	-	-		1,000,549				
Total Fund Balances	$	1,018,419	$	1,793,751	$	73,121	$	7,644	$	2,892,935				
										
Total Liabilities & Fund Balance	$	1,094,737	$	1,793,751	$	73,121	$	7,644	$	2,969,253				

Adopted	Prorated Budget	Actual		
Budget	Thru 04/30/26	Thru 04/30/26	Variance	

Revenues:					
Special Assessments - Tax Roll	$	1,266,432	$	1,266,432	$	1,633,601	$	367,169	
Special Assessments - Direct Bill	185,789	37,998	37,998	-	
Administrative Assessments on Unplatted Land	60,606	-	-	-	
Developer Contributions	996,043	-	-	-	
Café Gross Sales	554,106	323,228	447,297	124,069	
Miscellaneous Income	1,500	875	1,224	349	
Special Events	3,500	2,042	-	(2,042)	
Interest	5,000	5,000	10,254	5,254	
Total Revenues	$	3,072,977	$	1,635,576	$	2,130,375	$	494,799	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	4,800	$	2,800	$	2,200	$	600	
FICA Taxes	367	214	168	46	
District Engineering	15,000	8,750	12,618	(3,868)	
District Counsel	35,000	20,417	16,555	3,862	
District Management	41,292	24,087	24,087	0	
Assessment Roll Administration	5,899	5,899	5,899	-	
Dissemination Agent	5,899	3,441	3,841	(400)	
Information Technology	2,124	1,239	1,239	(0)	
Website Administration	1,416	826	826	(0)	
Annual Audit	5,500	-	-	-	
Trustee Fees	11,000	5,000	5,000	-	
Arbitrage Rebate	1,200	1,200	1,800	(600)	
Telephone	200	117	22	95	
Postage & Deleivery	1,000	583	650	(66)	
Printing & Binding	250	146	183	(37)	
Insurance General Liability	8,713	8,210	8,210	-	
Legal Advertising	3,500	2,042	470	1,572	
Other Current Charges	1,750	1,021	712	309	
Office Supplies	150	88	5	83	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	145,235	$	86,254	$	84,660	$	1,594	

Operations & Maintenance					
Ground Maintenance:
Cost Share Landscaping - Rivers Edge	

$	313,604	

$	182,936	

$	182,936	

$	(0)	
Cost Share Landscaping - Rivers Edge III	186,679	108,896	108,896	0	
Field Operations Management (Vesta)	41,230	24,051	24,051	-	
Landscape Maintenance	429,489	250,535	255,921	(5,385)	
Lake Maintenance	28,000	16,333	19,017	(2,684)	
Landscape Contingency	80,000	80,000	135,759	(55,759)	
Irrigation Repairs and Replacement	40,000	23,333	16,005	7,328	
Irrigation Water Use	70,000	40,833	24,812	16,022	
Streetlighting	28,000	16,333	12,788	3,545	
Subtotal Ground Maintenance	$	1,217,002	$	743,251	$	780,184	$	(36,933)	

Adopted	Prorated Budget	Actual		
Budget	Thru 04/30/26	Thru 04/30/26	Variance	

Amenity Center - River Club:
Cost Share Amenity - Rivers Edge	
$	2,365	
$	1,380	
$	1,380	
$	0																			
General Manager (Vesta)	48,911	28,532	29,557	(1,026)																			
Amenity Manager (Vesta)	56,504	32,960	32,960	-																			
Maintenance Service (Vesta)	109,264	63,737	63,737	-																			
Lifestyle Director (Vesta)	45,426	26,499	26,499	(0)																			
Guest Services (Vesta)	97,381	56,805	56,805	0																			
Security Monitoring	5,000	2,917	720	2,197																			
Telephone	14,040	8,190	7,068	1,122																			
Insurance	79,689	72,785	72,785	-																			
Pool Chemicals (Poolsure)	15,000	8,750	8,293	457																			
Janitorial Services (Vesta)	34,833	20,319	20,319	-																			
Access Cards	3,500	2,042	-	2,042																			
Window Cleaning	1,000	583	-	583																			
Pressure Washing	2,500	1,458	650	808																			
Natural Gas	5,000	2,917	3,319	(403)																			
Electric	29,950	17,471	14,745	2,725																			
Water & Sewer	18,395	10,731	7,258	3,472																			
Repair and Replacements	90,000	52,500	43,000	9,500																			
Refuse	26,000	15,167	9,824	5,343																			
Pest Control	1,920	1,120	1,563	(443)																			
License & Permits	1,000	583	-	583																			
Other Current	500	292	-	292																			
Special Events	30,000	17,500	19,745	(2,245)																			
Holiday Decorations	35,000	20,417	-	20,417																			
Office Supplies & Postage	750	438	-	438																			
Contingency	2,706	1,579	-	1,579																			
Subtotal Amenity Center - River Club	$	756,634	$	467,670	$	420,229	$	47,440																			

Café Operations:
Café-Cost of Goods Sold	

$	256,008	

$	149,338	

$	165,108	

$	(15,770)																			
Café-Labor	258,058	150,534	216,496	(65,962)																			
Café-Bank Fees	24,215	14,125	17,370	(3,244)																			
Other Expenses related to Café Operations	2,729	1,592	-	1,592																			
Café Management	13,097	13,097	42,697	(29,600)																			
Subtotal Café Operations	$	554,106	$	328,685	$	441,670	$	(112,985)																			
																							
Total Operations & Maintenance	$	2,527,742	$	1,539,606	$	1,642,083	$	(102,477)																			
																							
Total Expenditures	$	2,672,977	$	1,625,860	$	1,726,743	$	(100,883)																			
																							
Excess (Deficiency) of Revenues over Expenditures	$	400,000	$	9,716	$	403,632	$	595,683																			

Other Financing Sources/(Uses):																							
Capital Reserve Funding	$	400,000	$	-	$	-	$	-																			
Total Other Financing Sources/(Uses)	$	400,000	$	-	$	-	$	-																			
																							
Net Change in Fund Balance	$	0	$	9,716	$	403,632	$	595,683																			
																							
Fund Balance - Beginning	$	-		$	614,788																				
																							
Fund Balance - Ending	$	0		$	1,018,419																				
	Oct		Nov	Dec	Jan		Feb	March	April	May	June	July	Aug	Sept	Total								

Revenues:																							
Special Assessments - Tax Roll	$	-	$	825,042  $	665,752	$	3,575	$	93,894  $	16,342  $	28,996	$	-	$	-	$	-	$	-	$	-	$	1,633,601								
Special Assessments - Direct Bill	18,999	9,500	9,500	-	-	-	-	-	-	-	-	-	37,998														
Administrative Assessments on Unplatted Land	-	-	-	-	-	-	-	-	-	-	-	-	-														
Developer Contributions	-	-	-	-	-	-	-	-	-	-	-	-	-														
Café Gross Sales	70,120	64,620	69,056	63,224	69,014	111,264	-	-	-	-	-	-	447,297														
Miscellaneous Income	20	39	-	80	30	487	568	-	-	-	-	-	1,224														
Special Events	-	-	-	-	-	-	-	-	-	-	-	-	-														
Interest	100	103	277	886	2,780	2,985	3,123	-	-	-	-	-	10,254														
Total Revenues	$	89,239	$	899,304  $	744,584	$	67,764	$	165,719  $	131,079  $	32,687	$	-	$	-	$	-	$	-	$	-	$	2,130,375	

Expenditures:																							
General & Administrative:																							
Supervisor Fees	$	200	$	-  $	200	$	1,000	$	200  $	400  $	200	$	-  $	-  $	-  $	-  $	-  $	2,200																		
FICA Taxes	15	-	15	77	15	31	15	-	-	-	-	-	168																		
District Engineering	1,233	1,469	3,838	2,658	3,420	-	-	-	-	-	-	-	12,618																		
District Counsel	2,393	3,194	2,840	610	2,455	2,207	2,856	-	-	-	-	-	16,555																		
District Management	3,441	3,441	3,441	3,441	3,441	3,441	3,441	-	-	-	-	-	24,087																		
Assessment Roll Administration	5,899	-	-	-	-	-	-	-	-	-	-	-	5,899																		
Dissemination Agent	692	492	492	492	492	492	692	-	-	-	-	-	3,841																		
Information Technology	177	177	177	177	177	177	177	-	-	-	-	-	1,239																		
Website Administration	118	118	118	118	118	118	118	-	-	-	-	-	826																		
Annual Audit	-	-	-	-	-	-	-	-	-	-	-	-	-																		
Trustee Fees	5,000	-	-	-	-	-	-	-	-	-	-	-	5,000																		
Arbitrage Rebate	-	-	-	1,800	-	-	-	-	-	-	-	-	1,800																		
Telephone	-	-	8	-	-	-	13	-	-	-	-	-	22																		
Postage & Deleivery	46	304	34	136	14	71	44	-	-	-	-	-	650																		
Printing & Binding	20	11	28	23	48	31	23	-	-	-	-	-	183																		
Insurance General Liability	8,210	-	-	-	-	-	-	-	-	-	-	-	8,210																		
Legal Advertising	181	92	92	-	-	106	-	-	-	-	-	-	470																		
Other Current Charges	-	-	81	138	157	172	165	-	-	-	-	-	712																		
Office Supplies	1	1	0	1	1	1	1	-	-	-	-	-	5																		
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175																		
Total General & Administrative	$	27,801	$	9,297  $	11,364	$	10,670	$	10,537  $	7,245  $	7,745	$	-  $	-  $	-  $	-  $	-  $	84,660																		

Operations & Maintenance																							
Ground Maintenance:
Cost Share Landscaping - Rivers Edge	
$	26,134	
$	26,134  $	26,134	
$	26,134	
$	26,134  $	26,134  $	26,134	
$	-	$	-	$	-	$	-	$	-	$	182,936																		
Cost Share Landscaping - Rivers Edge III	15,557	15,557	15,557	15,557	15,557	15,557	15,557	-	-	-	-	-	108,896																		
Field Operations Management (Vesta)	3,436	3,436	3,436	3,436	3,436	3,436	3,436	-	-	-	-	-	24,051																		
Landscape Maintenance	35,733	35,733	35,733	38,628	38,628	-	71,466	-	-	-	-	-	255,921																		
Lake Maintenance	2,569	2,569	3,075	2,569	2,569	3,095	2,569	-	-	-	-	-	19,017																		
Landscape Contingency	19,060	-	5,714	11,270	25,820	2,800	71,094	-	-	-	-	-	135,759																		
Irrigation Repairs and Replacement	2,497	-	-	354	1,834	11,320	-	-	-	-	-	-	16,005																		
Irrigation Water Use	4,108	3,373	2,624	4,805	1,264	2,055	6,582	-	-	-	-	-	24,812																		
Streetlighting	1,909	1,760	1,716	1,941	1,926	1,656	1,881	-	-	-	-	-	12,788																		
Subtotal Ground Maintenance	$	111,003	$	88,561  $	93,988	$	104,693	$	117,167  $	66,052  $	198,719	$	-  $	-  $	-  $	-  $	-  $	780,184																		

Amenity Center - River Club:
Cost Share Amenity - Rivers Edge	
$	197	
$	197	
$	197	
$	197	
$	197	
$	197	
$	197	
$	-	
$	-	
$	-	
$	-	
$	-	
$	1,380														
General Manager (Vesta)	4,251	4,200	4,208	4,223	4,218	4,234	4,223	-	-	-	-	-	29,557																			
Amenity Manager (Vesta)	4,709	4,709	4,709	4,709	4,709	4,709	4,709	-	-	-	-	-	32,960																			
Maintenance Service (Vesta)	9,105	9,105	9,105	9,105	9,105	9,105	9,105	-	-	-	-	-	63,737																			
Lifestyle Director (Vesta)	3,786	3,786	3,786	3,786	3,786	3,786	3,786	-	-	-	-	-	26,499																			
Guest Services (Vesta)	8,115	8,115	8,115	8,115	8,115	8,115	8,115	-	-	-	-	-	56,805																			
Security Monitoring	-	-	615	-	-	105	-	-	-	-	-	-	720																			
Telephone	989	990	1,016	990	1,028	1,028	1,028	-	-	-	-	-	7,068																			
Insurance	72,785	-	-	-	-	-	-	-	-	-	-	-	72,785																			
Pool Maintenance (Vesta)	-	-	-	-	-	-	-	-	-	-	-	-	-																			
Pool Chemicals (Poolsure)	1,158	1,158	1,158	1,205	1,205	1,205	1,205	-	-	-	-	-	8,293																			
Janitorial Services (Vesta)	2,903	2,903	2,903	2,903	2,903	2,903	2,903	-	-	-	-	-	20,319																			
Access Cards	-	-	-	-	-	-	-	-	-	-	-	-	-																			
Window Cleaning	-	-	-	-	-	-	-	-	-	-	-	-	-																			
Pressure Washing	-	-	-	-	650	-	-	-	-	-	-	-	650																			
Natural Gas	369	337	407	297	394	808	708	-	-	-	-	-	3,319																			
Electric	2,143	1,834	1,933	2,193	2,388	2,104	2,151	-	-	-	-	-	14,745																			
Water & Sewer	738	1,020	1,183	1,258	972	1,021	1,067	-	-	-	-	-	7,258																			
Repair and Replacements	1,919	2,964	8,375	11,041	1,223	4,442	13,036	-	-	-	-	-	43,000																			
Refuse	1,185	1,184	1,190	1,464	1,464	1,411	1,926	-	-	-	-	-	9,824																			
Pest Control	122	122	514	126	426	126	126	-	-	-	-	-	1,563																			
License & Permits	-	-	-	-	-	-	-	-	-	-	-	-	-																			
Other Current	-	-	-	-	-	-	-	-	-	-	-	-	-																			
Special Events Holiday Decorations
Office Supplies & Postage Contingency	5,125

-	975

-	2,425

-	250

-	2,850

-	3,000

-	5,120

-	-	-	-	-	-	19,745

-	-	-	-	-	-																			
Subtotal Amenity Center - River Club	$	119,598	$	43,599	$	51,838	$	51,861	$	45,632	$	48,298	$	59,404	$	-  $	-  $	-  $	-  $	-  $	420,229																			

Café Operations:																											
Café-Cost of Goods Sold	$	26,272	$	24,443	$	21,774	$	29,559	$	26,713	$	36,345	$	-	$	-	$	-	$	-	$	-	$	-	$	165,108	
Café-Labor	44,141	34,566	31,756	35,224	31,998	38,811	-	-	-	-	-	-	216,496																			
Café-Bank Fees	3,380	2,660	2,513	1,923	2,800	4,093	-	-	-	-	-	-	17,370																			
Other Expenses related to Café Operations	-	-	-	-	-	-	-	-	-	-	-	-	-																			
Café Management	3,598	5,585	8,604	3,655	6,951	14,304	-	-	-	-	-	-	42,697																			
Subtotal Café Operations	$	77,391	$	67,254	$	64,647	$	70,361	$	68,462	$	93,554	$	-	$	-  $	-  $	-  $	-  $	-  $	441,670																			
																											
Total Operations & Maintenance	$	307,992	$	199,415	$	210,473	$	226,915	$	231,261	$	207,904	$	258,123	$	-  $	-  $	-  $	-  $	-  $  1,642,083																			
																											
Total Expenditures	$	335,793	$	208,712	$	221,837	$	237,586	$	241,798	$	215,149	$	265,868	$	-  $	-  $	-  $	-  $	-  $  1,726,743																			
																											
Excess (Deficiency) of Revenues over Expenditures	$  (246,554)	$	690,592	$	522,747	$  (169,822)	$	(76,080)	$	(84,071)	$  (233,181)	$	-  $	-  $	-  $	-  $	-  $	403,632																			

Other Financing Sources/Uses:																											
Capital Reserve Funding	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-																			
Total Other Financing Sources/Uses	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-																			
																											
Net Change in Fund Balance	$  (246,554)	$	690,592	$	522,747	$  (169,822)	$	(76,080)	$	(84,071)	$  (233,181)	$	-  $	-  $	-  $	-  $	-  $	403,632																			

Revenues:					
Special Assessments - Tax Roll	$	462,928	$	462,928	$	457,011	$	(5,917)	
Interest Income	5,000	5,000	14,283	9,283	
Total Revenues	$	467,928	$	467,928	$	471,294	$	3,366	

Expenditures:					
Interest - 11/1	$	160,111	$	160,111	$	160,111	$	-	
Principal Prepayment - 11/1	-	-	5,000	(5,000)	
Interest - 5/1	160,111	-	-	-	
Principal - 5/1	135,000	-	-	-	
Total Expenditures	$	455,223	$	160,111	$	165,111	$	(5,000)	
					
Excess (Deficiency) of Revenues over Expenditures	$	12,705	$	307,816	$	306,183	$	(1,634)	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	12,705	$	307,816	$	306,183	$	(1,634)	
					
Fund Balance - Beginning	$	346,655		$	586,642		
					
Fund Balance - Ending	$	359,361		$	892,824		

Revenues:					
Special Assessments - Tax Roll	$	305,887	$	305,887	$	469,158	$	163,271	
Special Assessments - Direct Bill	245,810	24,467	24,467	-	
Prepayments	-	-	761,474	761,474	
Interest Income	5,000	5,000	17,728	12,728	
Total Revenues	$	556,697	$	335,354	$	1,272,828	$	937,474	

Expenditures:					
Interest - 11/1	$	149,075	$	149,075	$	149,075	$	-	
Principal Prepayment - 11/1	-	-	5,000	(5,000)	
Principal Prepayment - 2/1	-	-	750,000	(750,000)	
Interest - 2/1	-	-	6,839	(6,839)	
Interest - 5/1	149,075	-	-	-	
Principal - 5/1	200,000	-	-	-	
Total Expenditures	$	498,150	$	149,075	$	910,914	$	(761,839)	
					
Excess (Deficiency) of Revenues over Expenditures	$	58,547	$	186,279	$	361,914	$	175,635	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources/(Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	58,547	$	186,279	$	361,914	$	175,635	
					
Fund Balance - Beginning	$	282,848		$	539,013		
					
Fund Balance - Ending	$	341,396		$	900,927		
Rivers Edge II Community Development District
Statement of Revenues and Expenditures Capital Projects Funds
For The Period Ending April 30, 2026

Description	SE 2020	SE 2021	
Revenues			
Interest	$	127	$	55	
Transfer In	-	-	
Total Revenues	$	127	$	55	

Expenditures			
Capital Outlay	$	-	$	785	
Transfer Out	-	-	
Total Expenditures	$	-	$	785	
			
Excess Revenues (Expenditures)	$	127	$	(730)	
			
Beginning Fund Balance	$	5,071	$	3,176	
			
Ending Fund Balance	$	5,198	$	2,446	
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending April 30, 2026

Adopted	Prorated Budget	Actual		
Budget	Thru 04/30/26	Thru 04/30/26	Variance	

Revenues					
Capital Reserve Funding	$	400,000	$	-	$	-	$	-	
Interest	1,000	1,000	1,420	420	
Total Revenues	$	401,000	$	1,000	$	1,420	$	420	

Expenditures:					
Repair and Replacements	$	50,000	$	50,000	$	50,303	$	(303)	
RiverHouse Access Control System (C/S)	4,422	6,102	6,102	-	
RiverHouse Painting (C/S)	26,733	14,590	14,590	-	
RiverHouse Furniture (C/S)	23,584	-	-	-	
RiverHouse A/C Unit Replacement (C/S)	32,428	-	-	-	
RiverHouse Tennis Court Fencing (C/S)	23,584	-	-	-	
RiverHouse Pool Pump Sand Filtration (C/S)	36,850	-	-	-	
Permanent Holiday Lighting (C/S)	22,995	-	-	-	
Playground Equipment (C/S)	5,896	-	-	-	
Pocket Parks Equipment Repair/Replacement (C/S)	13,075	-	-	-	
Maintenance Golf Cart (C/S)	2,948	-	-	-	
Maintenance Work Truck (C/S)	19,162	18,493	18,493	-	
Total Expenditures	$	261,677	$	89,186	$	89,489	$	(303)	
					
Excess (Deficiency) of Revenues over Expenditures	$	139,323	$	(88,186)	$	(88,069)	$	723	

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	139,323		$	(88,069)		
					
Fund Balance - Beginning	$	130,665		$	161,190		
					
Fund Balance - Ending	$	269,988		$	73,121		
For The Period Ending April 30, 2026

Adopted	Prorated Budget	Actual		
Budget	Thru 04/30/26	Thru 04/30/26	Variance	

Revenues					
Café Gross Sales	$	554,106	$	323,228	$	447,297	$	124,069	
Total Revenues	$	554,106	$	323,228	$	447,297	$	124,069	

Expenditures:					
Café-Cost of Goods Sold	$	256,008	$	149,338	$	165,108	$	(15,770)	
Café-Labor	258,058	150,534	216,496	(65,962)	
Café-Bank Fees	24,215	14,125	17,370	(3,244)	
Other Expenses related to Café Operations	2,729	1,592	-	1,592	
Café Management	13,097	13,097	42,697	(29,600)	
Total Expenditures	$	554,106	$	328,685	$	441,670	$	(112,985)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(5,457)	$	5,627	$	11,084	

Long Term Debt Report

Series 2020, Capital Improvement Revenue Bonds		

Interest Rate:	
4.5% - 5.3%	
Maturity Date:	5/1/2050	
Reserve Fund Definition	50% of Maximum Annual Debt at Issuance	
Reserve Fund Requirement	$	230,975	
Reserve Fund Balance	230,975	
Bonds outstanding - 5/22/2020	$	7,165,000	
Less: May 1, 2021 (Mandatory)	(115,000)	
Less: May 1, 2022 (Mandatory)	(120,000)	
Less: May 1, 2023 (Mandatory)	(125,000)	
Less: November 1, 2023 (Prepayment)	(30,000)	
Less: February 1, 2024 (Prepayment)	(35,000)	
Less: May 1, 2024 (Mandatory)	(130,000)	
Less: May 1, 2024 (Prepayment)	(10,000)	
Less: November 1, 2024 (Prepayment)	(5,000)	
Less: February 1, 2025 (Prepayment)	(5,000)	
Less: May 1, 2025 (Mandatory)	(130,000)	
Less: May 1, 2025 (Prepayment)	(15,000)	
Less: November 1, 2025 (Prepayment)	(5,000)	
Current Bonds Outstanding	$	6,440,000	

Series 2021, Capital Improvement Revenue Bonds		

Interest Rate:	
2.47% - 3.75%	
Maturity Date:	5/1/2051	
Reserve Fund Definition	50% of Maximum Annual Debt at Issuance	
Reserve Fund Requirement	$	247,994	
Reserve Fund Balance	247,994	
Bonds outstanding - 4/23/2021	$	9,900,000	
Less: May 1, 2022 (Mandatory)	(200,000)	
Less: May 1, 2023 (Mandatory)	(205,000)	
Less: February 1, 2024 (Prepayment)	(10,000)	
Less: May 1, 2024 (Mandatory)	(210,000)	
Less: August 1, 2024 (Prepayment)	(15,000)	
Less: November 1, 2024 (Prepayment)	(5,000)	
Less: February 1, 2025 (Prepayment)	(875,000)	
Less: May 1, 2025 (Mandatory)	(195,000)	
Less: May 1, 2025 (Prepayment)	(30,000)	
Less: November 1, 2025 (Prepayment)	(5,000)	
Less: February 1, 2026 (Prepayment)	(750,000)	
Current Bonds Outstanding	$	7,400,000	
RIVERS EDGE II COMMUNITY DEVELOPMENT DISTRICT
SUMMARY OF FISCAL YEAR 2026 ASSESSMENTS

DIRECT BILL PERCENT COLLECTED	0.00%	0.00%	100.00%	100.00%	
TAX ROLL PERCENT COLLECTED	99.69%	99.69%	99.69%	99.69%	
TOTAL PERCENT COLLECTED	99.69%	99.71%	99.70%	99.70%	
(1) Bulk land owners are on a payment plan for undeveloped land. Debt service assessments – 50% due December 1, 2025, 25% due February 1, 2026 and 25% due May 1, 2026
Operations and maintenance assessments – 50% on October 31, 2025, 25% on November 30, 2025 and 25% on December 31, 2025
SUMMARY OF TAX ROLL RECEIPTS						
ST JOHNS COUNT DIST.	DATE	SERIES 2020
DEBT	SERIES 2021
DEBT	O&M	TOTAL
AMOUNT	
1	11/3/2025	1,626.08	1,669.30	5,812.49	9,107.87	
2	11/18/2025	16,136.10	16,565.01	57,679.07	90,380.18	
3	11/21/2025	26,441.09	27,143.90	94,514.61	148,099.60	
4	12/16/2025	34,346.86	35,259.81	122,774.06	192,380.73	
5	12/24/2025	152,260.95	156,308.08	544,262.09	852,831.13	
6	1/14/2026	186,248.53	191,199.06	665,751.88	1,043,199.48	
INTEREST	1/26/2026	1,000.01	1,026.59	3,574.57	5,601.17	
7	2/19/2026	26,267.56	26,965.76	93,894.31	147,127.63	
8	3/13/2026	4,571.83	4,693.35	16,342.18	25,607.37	
9	4/9/2026	403.31	414.03	1,441.64	2,258.97	
10	4/24/2026	7,708.58	7,913.47	27,554.58	43,176.63	
		-	-	-		
		-	-	-		
		-	-	-		
		-	-	-		
		-	-	-		
TOTAL TAX ROLL RECEIPTS	457,010.90	469,158.36	1,633,601.48	2,559,770.76		

C.
Rivers Edge II
Community Development District

Check Run Summary
April 30, 2026

General Fund
Payroll	4/20/26	50037	$	184.70	
		Sub-Total	$	184.70	
General Fund
Accounts Payable	
4/3/26	
2397-2403	
$	3,716.52	
	4/10/26	2404-2416	171,055.79	
	4/17/26	2417-2425	37,903.64	
	4/24/26	2426-2431	7,561.12	

Capital Reserve Fund
Accounts Payable
Sub-Total
$  220,237.07

$	-

Sub-Total	$	-

PR300R	PAYROLL CHECK REGISTER	RUN	4/20/26	PAGE	1
CHECK	EMP #	EMPLOYEE NAME		CHECK	CHECK #			AMOUNT		DATE
50037	3	PHILLIP L BRANDT	184.70	4/20/2026
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR REGISTER	184.70

RED2 RIVERS EDGE II TLEE

Attendance Sheet
District Name;	Rivers Edge TI CDD

Board Meeting Date:  April 15, 2026 Meeting

The Supervisors present at the above-referencecl meeting should be compcusatecl accordingly,
Approved for Payment:

Distr'

PLEASE RETURN COMPLETED FORM TO DANIEL LAUGHLIN
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/01/26	PAGE	1
*** CHECK DATES 04/01/2026 - 04/30/2026 ***	RIVERS EDGE II - GENERAL FUND
BANK A RIVERS EDGE II CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/03/26 00187	3/30/26 238	202603 320-57200-49400	*	450.00
4/10 3HR LIVE MUSIC
EMILY IVA MIKUS	450.00 002397
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/03/26 00240	3/25/26 13930013 202603 320-57200-60000	*	352.00
GENERAL GARAGE DOOR MAINT
HURRICANE GARAGE DOORS & SERVICES	352.00 002398
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/03/26 00241	3/23/26 8923	202603 320-57200-60000	*	600.00
HOOD CLEANING SERVICE
JACKSONVILLE HOOD CLEANING LLC	600.00 002399
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/03/26 00053	3/31/26 93E9E333 202603 320-57200-49400	*	350.00
4/9 DJ MUSIC BINGO
3/31/26 93E9E333 202603 320-57200-49400	*	350.00
4/23 DJ MUSIC BINGO
LIVE ENTERTAINMENT SOLUTIONS	700.00 002400
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/03/26 00006	4/01/26 13129563 202604 320-57200-46210	*	1,204.64
APR POOL CHEMICALS
POOLSURE	1,204.64 002401
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/03/26 00219	3/30/26 4326	202603 320-57200-49400	*	300.00
4/3 MUSICAL PERFORMANCE
VANN HARDIN	300.00 002402
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/03/26 00195	3/27/26 26094785 202603 320-57200-60000	*	109.88
JANITORIAL SUPPLIES
W B MASON CO INC	109.88 002403
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/26 00193	4/03/26 APC-2308 202604 320-57200-60000	*	150.00
URINAL STOPPAGE
ROBERT CHICOSKI	150.00 002404
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/26 00036	4/08/26 3994	202604 320-57200-60000	*	1,275.00
SILT FENCE REMOVAL

RED2 RIVERS EDGE II TLEE
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/01/26	PAGE	2
*** CHECK DATES 04/01/2026 - 04/30/2026 ***	RIVERS EDGE II - GENERAL FUND
BANK A RIVERS EDGE II CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
105	202604 310-51300-51000	*	.69
OFFICE SUPPLIES
105	202604 310-51300-42000	*	44.41
POSTAGE 105
COPIES 105
TELEPHONE
GOVERNMENTAL MANAGEMENT SERVICES	4,308.76 002406
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/26 00012	4/08/26 CS-2026- 202604 320-57200-49100	*	26,133.68 CS LANDSCAPE APR 2026
RIVERS EDGE CDD	26,133.68 002407
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/26 00012	4/08/26 CS-2026- 202604 320-57200-49200	*	197.08
CS AMENITY APR 2026
RIVERS EDGE CDD	197.08 002408
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/26 00124	4/08/26 CS-2026- 202604 320-57200-49300	*	15,556.55 CS LANDSCAPE APR 2026
RIVERS EDGE III CDD	15,556.55 002409
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/26 00129	4/02/26 PSI25711 202604 320-57200-46800	*	2,569.44 APR LAKE MAINTENANCE
SOLITUDE LAKE MANAGEMENT	2,569.44 002410
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/26 00010	3/31/26 431765	202603 320-57200-34000	*	158.20
MAR BILLABLE MILEAGE 1/3
VESTA PROPERTY SERVICES INC	158.20 002411
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
431473	202604 320-57200-34000	*	4,075.93
APR GEN MANAGEMENT SRVCS
431473	202604 320-57200-34300	*	3,435.82
APR FIELD OPS
431473	202604 320-57200-34010	*	3,785.54
APR LIFESTYLE SRVCS
431473	202604 320-57200-34400	*	4,708.64
APR AMEN MANAGEMENT SRVCS
431473	202604 320-57200-34200	*	9,105.31
APR FACILITY MAINT SRVCS
431473	202604 320-57200-51200	*	2,902.75
APR JANITORIAL SRVCS
431473	202604 320-57200-34100	*	8,115.06
APR FACILITY ATTENDANT
VESTA PROPERTY SERVICES INC	36,129.05 002412
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
RED2 RIVERS EDGE II TLEE
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/01/26	PAGE	3
*** CHECK DATES 04/01/2026 - 04/30/2026 ***	RIVERS EDGE II - GENERAL FUND
BANK A RIVERS EDGE II CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....

-	-	-	-	-	-	-	-	

-	
-	
-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
-	
-	
-	
-	

-	
-	
-	
-	
-	
-	
-	
-	

FOR MUSIC BINGO

PERFORMANCE FESTIVAL

NANCY C WOOD	900.00 002422
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
RED2 RIVERS EDGE II TLEE
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/01/26	PAGE	4
*** CHECK DATES 04/01/2026 - 04/30/2026 ***	RIVERS EDGE II - GENERAL FUND
BANK A RIVERS EDGE II CDD
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/17/26 00220	4/13/26 316	202604 320-57200-46101	*	750.00
TREE REMOVAL
QUILLS TREE SERVICES LLC	750.00 002423
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/26 00195	3/31/26 26101193 202603 320-57200-60000	*	67.06
JANITORIAL SUPPLIES
4/09/26 26123259 202604 320-57200-60000	*	176.52
JANITORIAL SUPPLIES
W B MASON CO INC	243.58 002424
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/17/26 00131	4/01/26 1146766	202604 320-57200-46100	*	32,818.98
APR LANDSCAPE MAINTENANCE
YELLOWSTONE LANDSCAPE	32,818.98 002425
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/26 00102	4/13/26 42657661 202604 320-57200-60000	*	214.04
ACTIVE SCRAPER/MAT ONYX
CINTAS	214.04 002426
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/26 00216	4/15/26 26-0417	202604 320-57200-49400	*	750.00
4/17 LIVE MUSIC
DUSTIN BRADLEY HUMBERT	750.00 002427
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/26 00120	3/18/26 14463	202602 300-13100-10600	*	280.00
MEADOWS PH2 SE2026
4/20/26 14705	202603 310-51300-31500	*	2,454.82
MAR GENERAL COUNSEL
4/20/26 14706	202603 300-13100-10600	*	140.00
MEADOWS PH2 SE2026
KILINSKI VAN WYK PLLC	2,874.82 002428
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/26 00210	4/16/26 22011970 202601 310-51300-31100	*	3,420.43
JAN-APR PROFESSIONAL SRVC
PRIME AE GROUP INC	3,420.43 002429
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/26 00012	4/23/26 4232026	202603 310-51300-48000	*	105.63
REIMBINV7644441 USA TODAY
RIVERS EDGE CDD	105.63 002430
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/24/26 00195	4/15/26 26134383 202604 320-57200-60000	*	196.20
JANITORIAL SUPPLIES
W B MASON CO INC	196.20 002431
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	220,237.07
TOTAL FOR REGISTER	220,237.07 RED2 RIVERS EDGE II TLEE
Emily Mikus
44209 Woodland Circle
Callahan, FL 32011
INVOICE

INVOICE# 238 DATE: 3/30/26

CLIENT:
RiverClub
160 RiverGlade Run St. Johns, FL 32259
BILLING:
Rivers Edge II
475 West Town PL #114 St. Augustine, FL 32092

DATE	DESCRIPTION	HOURLY	TOTAL	
4/10/26	3 hours live music 6pm - 9pm	$150	$450	
?---·?---·	·--·-·		·----.----		
SUBTOTAL
TOTAL DUE	$450			
	$450
--------·	·-			

Make all checks payable to Emily Mikus

THANK YOU FOR YOUR BUSINESS!

Approved COD II Submitted to AP on 3.30.26 by Kimberly Fatuch

JOB

PAYMENT TERMS DUE DATE
#13930013
Upon receipt Mar 25, 2026
AMOUNT DUE	$352.00
Hurricane Garage Doors and Services, Inc.

Rivers Edge COD 2
475 W Town Pl 114
St. Augustine, FL 32092

(904) 607-1038
kmckendree@vestapropertyservices.com

CONTACT US
4100 Rich Rd.
Green Cove Springs, FL 32043

, (904) 999-8059
hurricanegaragedoorsjax@gmail.com Service completed by: Robert Owen
INVOICE

Commercial Service		1.0	$149.00	$149.00	
Google - General maintenance
General garage door maintenance - tune up and lubricate		2.0	$89.00	$178.00	
COi Document		1.0	$25.00	$25.00	
	
Subtotal			
$352.00	
	Total Tax			$0.00	
	Jacksonville (7%)			$0.00	
	Job Total			$352.00	
	Amount Due			$352.00	

Thank you for supporting our local business!
Approved RECDD 2 Submitted to AP 3.31.2026 By Kevin McKendree
;<???

See our Terms & Conditions

Hurricane Garage Doors and Services, Inc. I BL-
6101
http://24-7garagedoorrepair-fl.com	1 of 1

JACKSONVILLE HOOD CLEANING

5400 SHADY PINE ST S JACKSONVILLE, FL, 32244
TEL:(904) 551 1539
(904) 607 4724
www.jacksonvillehoodcleaning.com jacksonvillehoodcleaning@gmail.com

DESCRIPTION	QTY	RATE	AMOUNT	
HOOD CLEANING SERVICE	1	$600.00	$600.00	

				

				

				

				
				
SUBTOTAL
Make all checks payable to JACKSONVILLE HOOD CLEANING LLC.	TAX RATE If you have any questions concerning this invoice contact us.
SALES TAX
THANK YOU FOR YOUR BUSINESS!	OTHER
TOTAL	$	600.00			
	0.00%			
	-			
				
	$	600.00			

MANAGER PRINT NAME	MANAGER SIGN	DATE

'-'
?
Ill II
111111 ll
1111111!1! ll
llllll!llillllllllll
	•	ERTAINMENT
SOLUTIONS

INVOICE
Attention: Rivers Edge COD II
Address: 475 West Town Place Suite ii 4, St. Augustine FL 32092

11925 Alden Trace Blvd N
Jacksonville FL 32246	Invoice Number: 93e9e333

DJ for Music Bingo	4/9/2026	6:30pm	$	350.00	
DJ for Music Bingo	4/23/2026	6:30pm	$	350.00	

Total Due	$	700.00

Approved COD II Submitted to AP on 3.31.26 by Kimberly Fatuch
Solutions. Thank you!

1

Bill To	
Rivers Edge CDD2
Government Management Services 475 West Town Place suite 114
St. Augustine FL 32092	

Click Here to Pay Now
Date Invoice#
4/1/2026
131295634503

111111111111111 IllIIIIIIIIll
131295634503
Approved RECDD 2 Submitted to AP 3.20.2026 By Kevin McKendree

1 of 1

W.B.MASON CO., INC.
59 Centre St
Brockton, MA 02301

Address Service Requested
888-WB-MASON www.wbmason.com

Rivers Edge COD 2
475 W Town Place# 114 Saint Augustine FL 32092

Important Messages
(Page 1) PM(P)

Delivery Address
River Club Attn.: Ken
160 Riverglade Run Saint Johns FL 32259

W.B. Mason Federal ID#: 04-2455641

IMPORTANT UPDATE REGARDING W.B. MASON RETURNS POLICY:
Unopened items must be returned within 30 days. Missing, damaged, defective or expired items must be reported within 14 days. Visit www.wbmason.com to view our entire Return Policy
Thank you for your business! We encourage you to visit www.wbmason.com/Payment for 24/7 access to your account. We offer the ability to pay online, and view or download invoices.

ITEM NUMBER	
DESCRIPTION	
QTY	
U/M	
UNIT PRICE	
EXT PRICE	
RCPC152BLU	MOP SWINGER LOOP HEAD	1	CT	109.88	109.88	

SUBTOTAL:	109.88	
TAX & BOTTLE DEPOSITS TOTAL:	0.00	
ORDER TOTAL:	109.88	
Total Due:	109.88	

To ensure proper credit, please detach and return below portion with your payment

W.B. MASON CO., INC. PO BOX 981101
BOSTON, MA 02298-1101

Rivers Edge COD 2
475 W Town Place# 114 Saint Augustine FL 32092

Submitted to NP 03-31-26 By Richard Losco
?LJ4.G&'

PLEASE REFERENCE INVOICE NUMBER WHEN MAKING PAYMENT. PAY ON OUR WEBSITE OR SEND PAYMENT TO:

W.B. MASON CO., INC. PO BOX 981101
BOSTON, MA 02298-1101

(317887726□94785726□947857□□□□□□□1□988□

Affordable Plumbing Company 4565 Saint Augustine Road Jacksonville, FL 32207

Bill to

Rivers Edge CDD 2
475 West Town Place Suite 114
St Augustine,Florida 32092

Invoice details
Invoice no.: APC-23086 Terms: Net 15
Invoice date: 04/03/2026 Due date: 04/18/2026
tracey@affordableplumblngjacksonvll le.com
+1 (904) 288-9003
CFC057228

Sales Rep: Ron Stage

Ship to
Rivers Edge COD 2 160 River Glade Run
St. Augustine,FL 32092

#	Description	Qty	Rate	Amount	
1.	
Urinal Stoppage		
$150.00	
$150.00	

2.	
Work Description: Clubhouse Mens urinal on right side stoppage Someone put mulch down drain		
$0.00	
$0.00	
3.	Work Resolution: The urinal was deliberately clogged with what looks to be toilet paper that was shoved down urinal hole (See		
$0.00	
$0.00	
	Photo).Thls was causing nothing to drain. Used shop vac and took everything out of urinal drain. Put everything back together, flushed urinal. Everything is draining as it should at this time.
*Stoppages are NOT guaranteed*				
		
Total		$150.00	

Approved RECDD 2 Submitted to AP 4.6.2026 By Kevin McKendree
/;?711c/;'?
G & G Excavation & Construction, Inc.	Invoice
6500 SR 16
St. Augustine, Fl 32092 Phone- 904-737-5555
Fax- 904-737-6050
Bill To

	Job#	Terms	
		Net 60	
Item	Description	Amount	

Quote	G & G Excavation and Construction, Inc. supplied all Equipment, Labor, Material, and Supervision for the following:

Job: Watersong CDD 2 Reference: Silt Fence Removal Scope of Work: 3/26
	1.	Removal of silt fence around retention pond
	2.	Haul off

Total cost for the above work

Approved RECDD 2 Submitted to AP 4.8.2026 By Kevin McKendree
x?JncX?	

1,275.00	
TI1ank you for your business!	Total	
$1,275.00	
	Payments/Credits	
$0.00	
	Balance Due	
$1,275.00	

Phone#	Fax#	
(904) 737-5555	(904) 737-6050	
Governmental Management Services, LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092

Bill To:
Rivers Edge II CDD 475 West Town Place Suite 114
St. Augustine, FL 32092
Invoice

Invoice #: 105
Invoice Date: 4/1/26
Due Date: 4/1/26
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

I1-

Total	$4,308.76	
Payments/Credits	$0.00	
Balance Due	$4,308.76	
Rivers Edge CDD	I I	E
475 West Town Place, Suite 114
St. Augustine FL 32092 Phone (904) 940-5850  Fax (904) 940-5899
DATE: INVOICE#
4/8/2026
CS-2026-APR

Bill To:
Rivers Edge II CDD 475 West Town Place, Suite 114 St. Augustine FL 32092

Make check payable to:
Rivers Edge CDD
c/o GMS LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092

THANK YOU FOR YOUR BUSINESS!
Rivers Edge CDD	I I	E
475 West Town Place, Suite 114
St. Augustine FL 32092 Phone (904) 940-5850  Fax (904) 940-5899
DATE: INVOICE#
4/8/2026
CS-2026-APR

Bill To:
Rivers Edge II CDD 475 West Town Place, Suite 114 St. Augustine FL 32092

Make check payable to:
Rivers Edge CDD
c/o GMS LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092

THANK YOU FOR YOUR BUSINESS!

Rivers Edge Ill CDD
475 West Town Place, Suite 114 St. Augustine FL 32092
Phone (904) 940-5850 Fax (904) 940-5899
INV	ICE
DATE:	4/8/2026
INVOICE #	CS-2026-APR

Bill To:
Rivers Edge II CDD 475 West Town Place, Suite 114 St. Augustine FL 32092

Make check payable to: Rivers Edge Ill CDD c/o GMS LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092

THANK YOU FOR YOUR BUSINESS!
Phone #; (888) 480-5253
Fax #; (888) 358-0088

Bill
To:	Rivers Edge II CDD
C/O Vesta Property Services 475 West Town Place, Suite 114 Saint Augustin, FL 32092
Ship
To:	Rivers Edge II CDD
C/O Vesta Property Services 475 West Town Place, Suite 114 St. Augustine, FL 32092
United States

	Customer ID	14024				
Ship Via
Ship Date	
4/2/2026	P.O. Number
P.O. Date	
4/2/2026			
Due Date	5/2/2026	Our Order No.				
Terms	Net 30					
Item/Description	Unit	Order Qty	Quantity	Unit Price	Total Price	
Annual Maintenance				2,569.44	2,569.44	
April Billing						
4/1/2026 - 4/30/2026						
Rivers Edge CDD Pond 1 Rivers Edge CDD Pond 2 Rivers Edge CDD Pond 6 Rivers Edge CDD Pond 14 Rivers Edge CDD Pond 3 Rivers Edge CDD Pond 9 Rivers Edge CDD Pond 4 Rivers Edge CDD Pond 7 Rivers Edge CDD Pond 5 Rivers Edge CDD Pond 8 Rivers Edge CDD Pond 12 Rivers Edge CDD Pond RC1 Rivers Edge CDD Pond 10 Rivers Edge CDD Pond 11 Rivers Edge CDD Pond 13 Rivers Edge CDD Pond 15 Rivers Edge CDD Pond RC2 Rivers Edge CDD Pond JJ Rivers Edge CDD Pond CR3 Rivers Edge CDD Pond KK Rivers Edge CDD Pond TT Rivers Edge CDD Pond NN Rivers Edge CDD Pond SS Rivers Edge CDD Pond UU Rivers Edge CDD Pond 16 Rivers Edge CDD Pond 17

I1:
Phone#: (888) 480-5253
Fax #: (888) 358-0088

Bill
To:	Rivers Edge II CDD
C/O Vesta Property Services 475 West Town Place, Suite 114 Saint Augustin, FL 32092
Ship
To:	Rivers Edge II CDD
C/O Vesta Property Services 475 WestTown Place, Suite 114 St. Augustine, FL 32092
United States

	Customer ID	14024		
Ship Via
Ship Date	
4/2/2026	P.O. Number
P.O. Date	
4/2/2026	
Due Date	5/2/2026	Our Order No.		
Terms	Net 30			

Item/Description	Unit	Order Qty	Quantity	Unit Price	Total Price

Rivers Edge CDD II Pond 18 Rivers Edge CDD II Pond 19 Rivers Edge CDD II Pond 20 Rivers Edge CDD II Pond 21 Rivers Edge CDD II Pond 22 Rivers Edge CDD II Pond 23

n0?·""?"-?,vEun
BY:	
Approved RECDD 2 Submitted to AP 4.2.2026 By Kevin McKendree

Amount Subject to Sales Tax	0.00
Amount Exempt from Sales Tax	2,569.44
Subtotal: Invoice Discount: Total Sales Tax Payment Amount:
Total:
2,569.44
0.00
0.00
0.00
2,569.44

Vesta Property Services, Inc. 245 Riverside Avenue
Suite 300
Jacksonville FL 32202
Invoice# Date

Terms Due Date Memo
431765
03/31/2026

Net 30 04/30/2026
Billable Mileage split

Bill To
Rivers Edge CDD II c/o GMS, LLC
475 West Town Place, Suite 114 St. Augustine FL 32092

Total	158.20

4/2/2026
?e£ta Mileaae Report

$158.20

Vesta Property Services, Inc. 245 Riverside Avenue
Suite 300
Jacksonville FL 32202
Invoice# Date

Terms Due Date Memo
431473
04/01/2026

Net 30 05/01/2026
Rivers Edge CDDII

Bill To
Rivers Edge COD II c/o GMS, LLC
475 West Town Place, Suite 114 St. Augustine FL 32092

General management services Field Ops
Lifestyle services
Amenity management services Facility maintenance services Janitorial services
Facility Attendant		4,075.93
3,435.82
3,785.54
4,708.64
9,105.31
2,902.75
8,115.06	4,075.93
3,435.82
3,785.54
4,708.64
9,105.31
2,902.75
8,115.06	

Thank you for your business.	Total	36,129.05

Bill To:
Rivers Edge COD 11
c/o Vesta Property Services 475 West Town Pl Suite 114 Saint Augustine, FL 32092
Property Name: Rivers Edge COD II
Address:	475 West Town Place Suite 114
St. Augustine, FL 32092

Remit To:
Yellowstone Landscape PO Box 101017
Atlanta, GA 30392-1017
Invoice Due Date:  April 16, 2026
Invoice Amount:	$9,116.95

Rivers Edge COD II Spring Annuals 2026
Flowers/Annuals	$9,116.95

Invoice Total	$9,116.95

Approved RECDD II Submitted to AP on 4.7.2026 by Jason Davidson
r;t,0?rt,

Bill To:
Rivers Edge II - Pond Banks c/o Vesta Property Services 475 West Town Place Suite 114 St. Augustine, FL 32092
Property Name: Rivers Edge II - Pond Banks
Address:	475 West Town Place Suite 114
Saint Augustine, FL 32092

Remit To:
Yellowstone Landscape PO Box 101017
Atlanta, GA 30392-1017
Invoice Due Date:  May 1, 2026
Invoice Amount:	$2,914.00

Monthly Landscape Maintenance April 2026	$2,914.00

Invoice Total	$2,914.00

Approved RECDD II Submitted to AP on 4.7.2026 by Jason Davidson
r,t.,z?;;,t.,
YELLOWSTONE
)'.?	WAl?■•ll-114fllUII

Bill To:
Rivers Edge COD II
c/o Vesta Property Services 475 West Town Pl Suite 114 Saint Augustine, FL 32092
Property Name: Rivers Edge COD II
Address:	475 West Town Place Suite 114
St. Augustine, FL 32092

Remit To:
Yellowstone Landscape PO Box 101017
Atlanta, GA 30392-1017
Invoice Due Date:  May 3, 2026
Invoice Amount:	$70,344.37

Rivers Edge COD II Mulch Install 2026
Mulch/Pinestraw (Sub)	$70,344.37

Invoice Total	$70,344.37

Approved RECDD II Submitted to AP on 4.7.2026 by Jason Davidson
r,,,.,DtU<?Jt.

Bill To:
Rivers Edge COD II
c/o Vesta Property Services 475 West Town Pl Suite 114 Saint Augustine, FL 32092
Property Name: Rivers Edge COD II
Address:	475 West Town Place Suite 114
St. Augustine, FL 32092

Remit To:
Yellowstone Landscape PO Box 101017
Atlanta, GA 30392-1017
Invoice Due Date:  May 3, 2026
Invoice Amount:	$2,202.71

March irrigation repairs-2026******106 High Pointe******
Irrigation Repairs	$2,202.71

W.O.#		

YELLOWSTONE
lllllW!IIUll•ll:tli/ll;lliili-
COMPLETED WORK
NAME ADDRESS DATE
	RIVERTOWN cdd2	
	106 high point•	
	3/26/2026	

Invoice Total	$2,202.71

COMMUns:
DATE
DESCRIPTION	HOURS
RATE	TOTAL

Approved RECDD II Submitted to AP on 4.7.2026
by	Davidson
rn,,O?n,,

READY FOR THE WORKDAY'"
Invoice
Ship To

Bill To
RIVERS EDGE 2
RIVERS EDGE COMMUNITY DEVELOP DISTRICT
160 RIVERGLADE RUN ST. JOHNS, FL 32259

RIVERTOWN COMMUNITY ASSOCIAION RIVERS EDGE COMMUNITY DEV. DISTRICT 2
STE 114
475 W TOWN PL
ST AUGUSTINE, FL 32092-3649

Invoice # 5328627607 Invoice Date 04/09/2026 Credit Terms NET 30 DAYS
Customer # 12663109
Cintas Route LOC #0292 ROUTE 0009
Order # 7062965236
Payer# 10596960

Material#	Description	Quantity	Unit Price	Ext Price	Tax	
Unit	000000000009585183	Unit Description:	FRONT OFFICE F A				
110	SERVICE ACKNOWLEDGEMENT	EA	$0.00	$0.00		
120	CABINET ORGANIZED	EA	$0.00	$0.00		
130	EXPIRATION DATES CHECKED	EA	$0.00	$0.00		
132	BBP KIT CHECKED	EA	$0.00	$0.00		
44269	ELASTIC STRIP MEDIUM	BOX	$19.20	$19.20		
50030	ANTISEPTIC WIPES SMALL	BAG	$8.93	$8.93		
130100	LUBRICANT EYE DROPS	PAC	$18.00	$18.00		
			Unit Subtotal:	$46.13		
Unit	000000000999900999	Unit Description:	Other					
400	SERVICE CHARGE	EA	$24.95	$24.95			
		Unit Subtotal:	$24.95			
		Invoice Sub-total	$71.08			
		Tax	$0.00			
		Invoice Total	$71.08			

Remit To	CINTAS						

Note
P.O. Box 631025
CINCINNATI, OH 45263-1025
Approved RECDD 2 Submitted to A/P - 04-13-26 By Richard Losco
?U-4-C-8

Page 1 of 1
G & G Excavation & Construction, Inc.	Invoice
6500 SR 16
St. Augustine, Fl 32092 Phone- 904-737-5555
Fax- 904-737-6050
Bill To

	Job#	Terms	
		Net60	
Item	Description	Amount	

Quote	G & G Excavation and Construction, Inc, supplied all Equipment, Labor, Material, and Supervision for the following:

Job: River Club CDD 2 Reference: Moving Equipment Scope of Work: 3/24
1. Furnish equipment to remove old stove and replace with new stove Total cost for the above work

Approved RECDD 2 Submitted to A/P 04-09-26 By Richard Losco
?u4-CA!t	

500,00	
Thank you for your business!	Total	
$500,00	
	Payments/Credits	
$0,00	
	Balance Due	
$500,00	

Phone#	Fax#	
(904) 737-5555	(904) 737-6050	
INVOICE
Girly-Girl Partea' Inc
245 Ashby Landing Way, St Augustine, FL 32086,
UNITED STATES
girlygirlpartea@gmail.com

Invoice No# : 1 91 2
Invoice Date : Apr 14, 2026
Due Date : Apr 24, 2026

$720.00 USD
AMOUNT DUE

BILL TO
Rivers Edge CDD 2
475 West Town PL, Suite 114, ST. AUGUSTINE, FL
32092, UNITED STATES
kfatuch@vestapropertyservices.com

#	ITEMS & DESCRIPTION	QTY/HRS	PRICE	AMOUNT($)	
	Darth Vader Star Wars Character Saturday, May	2	$100.00	$200.00	
	2 -5:30 - 7:30pm				
	160 Riverglade Run, Stjohns, FL 32259, USA				
2	Masked Character Assistant for Darth Vader Saturday, May 2 • 5:30 - 7:30pm	2	$60.00	$120.00	
	160 Riverglade Run, St Johns, FL 322 5 9, USA				
3	Rey Star Wars Character Saturday, May 2-5:30 -	2	$100.00	$200.00	
	7:30pm				
	160 Riverglade Run, St Johns, FL 322 5 9, USA				
4	Guy Jedi Star Wars Character Saturday, May	2	$100.00	$200.00	
	2-5:30- 7:30pm				
	160 Riverglade Run, St Johns, FL 322 5 9, USA				
Subtotal	$720.00

NOTES TO CUSTOMER

Thank you for choosing Girly-Girl Parteas for your celebration!

TERMS AND CONDITIONS

Kindly note, there is a 5% service fee for using Paypal's services. If you wish to avoid this fee, you may mail a check made payable to Girly-Girl Parteas to 245 Ashby Landing Way St Augustine FL 32086.
Alternately, you may request instructions to pay via Zelle. Please note, payment MUST be received 7 days PRIOR to your party/event date. If applicable, mileage is calculated based on $0.75 per mile outside our 1 5 mile radius. We are based in St. Augustine, FL. For details please read a full copy of the agreed to terms and conditions (including our Travel Policy) at https:/ /www.girlygirlparteas.com/terms-of-service/ Gratuity is greatly appreciated with all party packages and is automatically added in the amount of 1 5% to parties of $1,000 or more. You may add gratuity on your PayPal invoice or pay in cash the day of the event. LATE BOOKING: Bookings scheduled within 7 days of the event date will be subject to a fee due to last minute preparations. ATTENDANCE: Though some guests may not show up even if they RSVP, you will be charged for the final guest count you confirmed prior to the party. We do not provide refunds if your guests are no shows.

INVOICE

11925 Alden Trace Blvd N Jacksonville FL 32246
Attention: Rivers Edge COD II
Address: 475 West Town Place Suite 114, St. Augustine FL 32092

Invoice Number: 3900003

DJ for Music Bingo	5/14/26	6:30pm	$	350.00	
DJ for Music Bingo	5/28/26	6:30pm	$	350.00	

Total Due	$	700.00

Approved COD II Submitted to AP on 4.13.26 by Kimberly Fatuch
Please make all checks out to Live Entertainment Solutions. Thank you!

INVOICE

11925 Alden Trace Blvd N Jacksonville FL 32246
Attention: Rivers Edge CDD II
Address: 475 West Town Place Suite 114, St. Augustine FL 32092

Invoice Number: 3904034

DJ for Music Bingo	6/11/2026	6:30pm	$	350.00	
DJ for Music Bingo	6/25/2026	6:30pm	$	350.00	
DJ for Adult Pool Party	6/27/2026	4-7pm	500.00	

Total Due	$ 1,200.00

Approved COD II Submitted to AP on 4.13.26 by Kimberly Fatuch

Please make all checks out to Live Entertainment Solutions. Thank you!

1
Nancy Wood
All the songs you know the way you didn't know them!

2384 Sophie PL
Middleburg, FL 32068 Phone:
904-915-0717
TO:
Kim Fatuch
Rivers Edge COD II 475 West Town PL
Suite 114 St. Augustine,
FL 32092
Make checks payable to Nancy Wood. Zelle payments go to 904-868-7400

COMMENTS OR SPECIAL INSTRUCTIONS:
INVOICE
INVOICE# 030126
DATE: March 1, 2026

SALESPERSON	P.O. NUMBER	REQUISITIONER	SHIPPED VIA	F.O.B. POINT	TERMS	

NCW	N/A	
Kim Fatuch	N/A	N/A	As per discussed	

Make all checks payable to Strega.8I2
If you have any questions concerning this invoice, contact Nancy Wood, 904-915-0717, ncwood1st@gmail.com
Ir'

THANK YOU FOR YOUR BUSINESS!

?
Quill's
TREE SERVICES, LLC
lt\-j1utpurrwfer:t

RECIPIENT:
Quills Tree Services
255 Rivertown Shops Drive I Suite 102 #140 I St Johns, Florida 32259
+1 904-788-1185 I brent@quillstreeservices.com
www.quillstreeservices.com

Rivers Edge COD 2
475 West Town Place Suite 114 St Augustine, Florida 32092 Phone:904-607-1038
Issued Due
Apr13,2026 Apr28,2026

SERVICE ADDRESS:

288 Pelton Place
St. Johns County, Florida 32259

For Services Rendered

Apr 13, 2026				
Customer Responsibilities		•	Ensure Accessibility: All trees scheduled for	$0.00	$0.00	
	trimming or removal must be accessible by Quill's			
	Tree Services equipment and personnel. An area			
	equivalent to or greater than the height of the tree			
	being serviced must be cleared of all vehicles and			
	movable objects to prevent potential damage from			
	falling debris.			
		•	Subterranean Fixtures Mapping: Prior to			
	commencing any work, ensure that all subterranean			
	fixtures (such as pipes, cables, etc.) are marked on a			
	map and provided to Quill's Tree Services. This is			
	particularly crucial if stump grinding services are			
	requested, as it ensures the safety of underground			
	utilities.			
		•	Authorized Representative on Site: An authorized			
	representative with the authority to sign on behalf of			
	the property owner must be present to sign off on			
	completed work while the crew is still on site. This			
	helps ensure that all parties are in agreement before			
	the crew departs.			
Tree Removal	Remove one hazardous Oak tree situated In the back	$750.00	$750.00	
	yard on the preserve.			
(JD
Quill's
TREE SERVICES, LLC
lt?jultpurr-ftct
Quills Tree Services
255 Rivertown Shops Drive I Suite 102 #140 I St Johns, Florida 32259
+1 904-788-1185 I brent@quillstreeservices.com
www.quillstreeservices.com

Thank you so much for your business. It was an absolute pleasure serving you today. Don't hesitate to contact us with any questions regarding this invoice.
Total	$750.00

Approved RECDD 2 Submitted to AP 4.13.26 By Kevin McKendree

W.B.MASON CO., INC.
59 Centre St
Brockton, MA 02301

Address Service Requested
888-WB-MASON www.wbmason.com

Rivers Edge COD 2
475 W Town Place# 114 Saint Augustine FL 32092

Important Messages

IMPORTANT UPDATE REGARDING W.B. MASON RETURNS POLICY:
Delivery Address
River Club Attn.: Ken
160 Riverglade Run Saint Johns FL 32259

W.B. Mason Federal ID#: 04-2455641
Unopened items must be returned within 30 days. Missing, damaged, defective or expired items must be reported within 14 days. Visit www.wbmason.com to view our entire Return Policy
Thank you for your business! We encourage you to visit www.wbmason.com/Payment for 24/7 access to your account. We offer the ability to pay online, and view or download invoices.

ITEM NUMBER	
DESCRIPTION	
QTY	
U/M	
UNIT PRICE	
EXT PRICE	
CSD34200 WBMNEDSFREIGHT	WIPES, SCRIM,4PLY,POPUP,WH(W202) NEDS FREIGHT	1
1	CT EA	67.06
0.00	67.06
0.00	

SUBTOTAL:	67.06	
TAX & BOTTLE DEPOSITS TOTAL:	0.00	
ORDER TOTAL:	67.06	
Total Due:	67.06	

To ensure proper	below portion with your payment

WB. MASON CO., INC. PO BOX 981101
BOSTON, MA 02298-1101

Rivers Edge COD 2
475 W Town Place# 114 Saint Augustine FL 32092

Approved RECDD 2 Submitted to A/P 04-09-26 By Richard Losco
?i-&4.-CO

PLEASE REFERENCE INVOICE NUMBER WHEN MAKING PAYMENT. PAY ON OUR WEBSITE OR SEND PAYMENT TO:

W.B. MASON CO., INC. PO BOX 981101
BOSTON, MA 02298-1101

W.B.MASON CO., INC.
59 Centre St
Brockton, MA 02301

Address Service Requested
888-WB-MASON www.wbmason.com

Rivers Edge COD 2
475 W Town Place# 114 Saint Augustine FL 32092

Important Messages

IMPORTANT UPDATE REGARDING W.B. MASON RETURNS POLICY:
Delivery Address
River Club Attn.: Ken
160 Riverglade Run Saint Johns FL 32259

W.B. Mason Federal ID#: 04-2455641
Unopened items must be returned within 30 days. Missing, damaged, defective or expired items must be reported within 14 days. Visit www.wbmason.com to view our entire Return Policy
Thank you for your business! We encourage you to visit www.wbmason.com/Payment for 24/7 access to your account. We offer the ability to pay online, and view or download invoices.

ITEM NUMBER	
DESCRIPTION	
QTY	
U/M	
UNIT PRICE	
EXT PRICE	
HERX765BAK	LINER,REPR0,3BX58 ,1.5ML,BK 100/CT	2	CT	54.98	109.96	
MRCP200N	TOWEL,MFOLD, 16PK/250,NTTN, 16PK/CT	1	CT	36.97	36.97	
SJN327171	ORIGINAL GLASS CLEANER FRESH SCENT 32 OZ SPRAY BOTTLE 4/CT	1	CT	29.59	29.59	

SUBTOTAL:	176.52	
TAX & BOTTLE DEPOSITS TOTAL:	0.00	
ORDER TOTAL:	176.52	
Total Due:	176.52	

To ensure proper credit, please detach and return below portion with your payment

Rivers Edge COD 2
475 W Town Place# 114 Saint Augustine FL 32092
Submitted to A/P 04-13-26
By Richatrd Losco
?U-4-C-&'

PLEASE REFERENCE INVOICE NUMBER WHEN MAKING PAYMENT. PAY ON OUR WEBSITE OR SEND PAYMENT TO:

W.B. MASON CO., INC. PO BOX 981101
BOSTON, MA 02298-1101

Bill To:
Rivers Edge COD II
c/o Vesta Property Services 475 West Town Pl Suite 114 Saint Augustine, FL 32092
Property Name: Rivers Edge COD II
Address:	475 West Town Place Suite 114
St. Augustine, FL 32092
INVOICE

Remit To:
Yellowstone Landscape PO Box 101017
Atlanta, GA 30392-1017
Invoice Due Date:  May 1, 2026
Invoice Amount:	$32,818.98

Monthly Landscape Maintenance April 2026	$32,818.98

Invoice Total	$32,818.98

Approved RECDD II Submitted to AP on 4.13.2026 by Jason Davidson
?ffe OC}..,//-?l'f,,

Should you have any questions or inquiries please call (386) 437-6211.
Yellowstone Landscape I Post Office Box 849 I Bunnell FL 32110 I Tel 386.437.6211 I Fax 386.437.1286

READY FOR THE WORKDAY"'
REMIT PAYMENT TO:	PAY YOUR BILL WITH MYCINTAS
CINTAS	WWW.CINTAS.COM/MYACCOUNT
P.O. BOX 631025	MANAGE I SHOP I PAY
CINCINNATI, OH 45263-1025

	INVOICE				
SHIP TO:	RIVERS EDGE II COD		INVOICE#	4265766197	
	160 RIVERGLADE RUN		INVOICE DATE	04/13/2026	
	SAINT JOHNS, FL 32259-6953		SERVICE TICKET#	4265766197	
			SOLD TO#	20958738	
			PAYER#	10596960	
BILL TO:	C/0 RIVERTOWN COMMUNITY ASSOCIAION RIVERS EDGE COMMUNITY DEV. DISTRICT 2		PAYMENT TERMS
SORT#	NET 10 EOM
02800002682	
	475 W TOWN PL		CINTAS ROUTE	22 / DAY 1 / STOP 017	
	ST AUGUSTINE, FL 32092-3649				

	EMP#/LOCK#	MATERIAL	DESCRIPTION		FREQ	EXCH	QTY	UNIT PRICE	LINE TOTAL	TAX	
		X10184	3X5 ACTIVE SCRAPER		04	F	2	14.675	29.35	N	
		X10186	4X6 ACTIVE SCRAPER		04	F	3	16.307	48.92	N	
		X10189	3X5 XTRAC MAT ONYX		04	F	4	24.461	97.84	N	
		X10192	4X6 XTRAC MAT ONYX		04	F		27.721	27.72	N	
				SUBTOTAL					203.83		
			SERVICE CHARGE						10.21	N	
			SUBTOTAL						214.04		
TAX	Approved RECDD 2	0.00
TOTAL USD	Submitted to A/P 04-20-26	214.04
By Richard Losco
?&4-C,,6

You will notice the annual price adjustment on your invoice beginning on 05/1/2026. Rental rates are being adjusted to account for increases in labor wage rates, fleet expenses, raw materials, and energy costs. Rates will remain consistent for the next year.

Thanks for your trust in Cintas. We remain committed to providing you with the highest quality service in the rental industry.

i
Signature:	Cust. Name: RIVERS EDGE II  CDD
Lynn R	10:30 AM04/13/26
SoldTo# 0020958738
Invoice Total
$214.04
50# 4265766197
Payment on Account
$0.00

FOR ALL NON-PAYMENT RELATED CORRESPONDENCE: CINTAS CORPORATION #0280 / 1595 TRANSPORT CT.,/ JACKSONVILLE, FL 32218
Page 1 of 1

DUSTIN BRADLEY MUSIC
1010 4th St N. Jacksonville Beach, Fl. 32250	INVOICE
dbhumbert@gmail.com (386)-546-8355
Date Issued:
04/15/2026

Invoice Number: 26-0417	Date Due:
04/17/2026

BILL TO

Rivers Edge CDD2 475 West Town Pl
St. Augustine, FL 32092
EVENT
Live Entertainment@ RiverClub 04/17/2026 6-9pm
160 River Glade Run. Saint Johns, Fl. 32259

Payment Instructions:
Cash or Check (payable to Dustin Bradley) due on the date of services provided.
If a check is to be mailed, please send to the address listed above on this document.

Approved COD II Submitted to AP on 4.16.26 by Kimberly Fatuch
/;?h1-6?ra.:fzLd,

SUBTOTAL

DISCOUNT SUBTOTAL LESS
DISCOUNT

Balance Due	$750

Additional Notes:

Thank you for your support of Dustin Bradley Music.
We look forward to working with you!
KILINSKI I VAN \VYK
Kilinski I Van Wyk PLLC
Date: 03/18/2026 Due On: 04/17/2026

P.O. Box 6386
Tallahassee, Florida 32314 United States

Rivers Edge II COD
475 West Town Place Suite 114 St. Augustine, Florida 32092

Statement of Account
0EcE,vEn
APR 23 2026
BY:	

Outstanding Balance
$785.00
New Charges
+	$280.00	) - (
Payments Received
$0.00
Total Amount Outstanding

)=?I			e;$?1,=os=s=.oo,:: 	_J
RE2CDD-103	1.300.131.106
Rivers Edge II COD - Project Construction

Type	Attorney	Date	Notes	Quantity	Rate	Total	
Service	LG	02/10/2026 Analyze COD dedication of property on The Meadows (Parcel 19) Phase 2	0.80	$350.00	$280.00	
		plat; Draft acquisition package for The				
		Meadows (Parcel 19) Phase 2				
		improvements.				
				Total	$280.00	

Please make all amounts payable to: Kilinski I Van Wyk PLLC Please pay within 30 days.
KILINSKI I VANWYK
Kilinski I Van Wyk PLLC
Date: 04/20/2026 Due On: 05/20/2026

P.O. Box 6386
Tallahassee, Florida 32314 United States

Rivers Edge II COD
475 West Town Place Suite 114 St. Augustine, Florida 32092

Statement of Account

Outstanding Balance
$0.00
New Charges
+	$2,454.82
Payments Received
) - (	$0.00
Total Amount Outstanding

)=?I---?$2?,4_s_4._a2 	_,

RE2CDD-01
River's Edge II - General Counsel

?;=
Invoice# 14705 - 04/20/2026

			and materials for Board consideration in preparation for Board meeting.				
Service	LG	03/18/2026	Travel to and attend board meeting.	2.50	$350.00	$875.00	
Expense	KB	03/18/2026	Travel: Mileage - LG.	114.20	$0.725	$82.80	
Expense	KB	03/18/2026	Travel: Hotel - LG.	1.00	$94.52	$94.52	
Expense	KB	03/18/2026	Travel: Meals - LG.	1.00	$4.00	$4.00	
Service	LG	03/19/2026	Review and approve landscape RFP	0.20	$350.00	$70.00	
			addendum #2.				
Service	SH	03/20/2026	Monitor and report on bills affecting	0.30	$295.00	$88.50	
			special districts, including final bill				
			passage analysis and final distribution				
			of the newsletter.				
Service	MGH	03/25/2026	Review District Manager meeting notes and identify legal follow-up	0.10	$295.00	$29.50	
			items needed.				
Service	LG	03/29/2026	Review and analyze bills passed in 2026 legislative session and impacts	0.10	$350.00	$35.00	
			on District operations.				
Service	LG	03/30/2026	Review addendum 3 to landscape RFP; provide information on bid bond	0.20	$350.00	$70.00	
			requirements.				
Service	LG	03/31/2026	Review and revise March minutes.	0.50	$350.00	$175.00	
					Total	$2,454.82	

Please make all amounts payable to: Kilinski I Van Wyk PLLC Please pay within 30 days.
?1-b?c/4,,t)o/?
4/22/2026

KILINSKI I VAN lVYK
Kilinski I Van Wyk PLLC
INVOICE
Invoice# 14706 Date: 04/20/2026 Due On: 05/20/2026

P.O. Box 6386
Tallahassee, Florida 32314 United States

Rivers Edge II COD
475 West Town Place Suite 114 St. Augustine, Florida 32092

Statement of Account

DECEIVEP\
APR 23 2026 ?
B?--?----

Outstanding Balance
$1,065.00
New Charges
+	$140.00	) - (
Payments Received
$0.00
Total Amount Outstanding

)=l.		-'-$1?,2_o_s_.o_o 	?

RE2CDD-103	1.300. 131.106
Rivers Edge II CDD - Project Construction

Type	Attorney	Date	Notes	Quantity	Rate	Total
Service	LG	03/12/2026  Receive and review initial information	0.40	$350.00	$140.00
for acquisition of The Meadows Phase 2 improvements.

Total	$140.00

Please make all amounts payable to: Kilinski I Van Wyk PLLC Please pay within 30 days.

Columbus Office
8415 Pulsar Place, Suite 300, Columbus, OH 43240
P: 614.839.0250 F: 614.839.0251

Oksana Kuzmuk
Rivers Edge Community Development District River's Edge II COD
c/o Government Management Services, LLC Attn: Corbin deNagy
475 West Town Place, Suite 114 St. Augustine, FL 32092
April 16, 2026 Project No: Invoice No:

P0113094.70 22011970
Project	P0113094.70	Rivers Edge II COD
For services including attending February and March COD meeting and Landscape and stormwater exhibits.
Professional Services from January 31. 2026 to April 03, 2026	 _ Expense Billing
Reimbursable Expenses
Travel - Reimbursable - Mileage
Travel - Reimbursable- Mileage Client OV
Total Reimbursables
6.24
3.92
1.15 times	10.16	11.68
Total this Task	$11.68
Task 1: 0 & M
Professional Personnel

	Hours	Rate	Amount		
Project Director	5.25	235.00	1,233.75		
Vice President	2.00	250.00	500.00		
Graphics Arts Designer	7.00	130.00	910.00		
Sr. Planner/Sr L.A./Sr. Graphic Arts	4.25	180.00	765.00		
Totals	18.50		3,408.75		
Total Labor				3,408.75	
Total this Task	$3,408.75

Total this Invoice	$3,420.43

?1but,, c/4/4)?
4/16/2026

Remit payment to: PRIME AE Group, Inc. I 8415 Pulsar Place I Suite 300 I Columbus, Ohio 43240 If paying via ACH or wire, please send a remittance advice to cashreceipt@primeeng.com.
Rivers Edge CDD			
475 West Town Place, Suite 114 St. Augustine FL 32092	
DATE:	
April 23, 2026	
Phone 904 940 5850  Fax 904 940 5899	INVOICE#	4232026	

Bill To:
Rivers Edge II CDD
475 West Town Place, Suite 114 St. Augustine FL 32092

DESCRIPTION	AMOUNT	

Reimbursement of costs related to Invoice No. 0007644441 from USA Today Co./LocaliQ, dated 03/31/2026.

CEIVEI'\
?E- APR 23 2026	'U
BY:		

$	105.63	
TOTAL	$	105.63	
Make check payable to:
Rivers Edge CDD
c/o GMS LLC
475 West Town Place, Suite 114 St. Augustine, FL 32092

THANK YOU FOR YOUR BUSINESS!

3/1/26
3/16/26
Balance Forward PAYMENT- THANK YOU
$113.52
-$113.52

Start-End Date Order Number	Product	Description	PO Number	Package Cost	
3/4/26 12128442	SAG SI Augustine Record	Landscape RFP	Landscape RFP	$358.32	

ECEIVEn
h1i\ 1.)ID\
?
IUiii'//!,,
','1J.(,,!./Tll:,\;l	u:
BY:------

As an Incentive for customers, we provide a discount off the total Invoice cost equal to the 3,99% service fee If you pay with Cash/Check/ACH. Pay by Cash/Check/ ACH and SaveI
Total Cash Amount Due Service Fee 3.99%
*Cash/Check/ACH Discount
*Payment Amount by Cash/Check/ACH Payment Amount by Credit Card
$358.32
$14.30
-$14.30
$358,32
$372.62

••••• ' Ji.c?p1.1NfNAMi·.·
River		•• ·1NVO)CE NUMBER
0007644441		
. CURRE?T'
····•·•ouE ......	\6pllAYS
•• PASTDUE	1iot1,JAYS	UNAPPLIEP
PAST DUE	PAYMENTS	TOTAL CASH ,l\MTIJU?*•	
$358,32	$0.00	$0.00	$0.00	$358.32	

USA TODAY Media Corp.
PO Box 631244
Cincinnati, OH 45263-1244	•••
1-877-736-7612	TOTAL CREDIT CARD AJ\IIT DIJE
$372.62		
	
To sign up for E-mailed Invoices and online payments please go to .btip_s:/Jgcil my.site.comlfio_a.nclals_e.e.spmtalLs;'			
□□□□7641340□□□□□□□□□□□□7644441□□□3583267176

USA TODAY co®
,1LocaliQ

PO Box 631244 Cincinnati, OH 45263-1244

AFFIDAVIT OF PUBLICATION
RiVcl's Edge C<ld
Rivers Edge CIJd c/o GMS, LLC 475 \Vest Town Pluec, Suite 114 S\. Al1gl\slinc FL 32092.

STATE OF WISCONSIN, COUNTY OF BROWN

Before the undersigned authority personally appeared, who on oath says that he or she is the Legal Coordinator of the St Augustine Record, published In St Johns County, Florida; that the attached copy of advertisement, being a Govt Bids & Proposals, was published on the publicly accessible website of St Johns County, Florida, or In a newspaper by print In the issues of, on:

SAG St Augustine Record 03/04/2026 SAG staugustine,com	03/04/2026

Affiant further says that the website or newspaper compiles with all legal requirements for publication, in chapter 501 Florida Statutes.
Subscribed and sworn to before me, by the legal clerk, who
Is personally known to me, on 03/04/2026

?
Legal Clerk	f(\{V\u?

Notat·y, Slnle of WI, County ofBrow11
er  cS·
My co111111isslon expil'e?

Publication Cost:	$358,32		
Tax Amount:	$0,00		
Payment Cost:	$358,32		
Order No:	12128442	fl of Coples:	
Customer No:	764134	1	
PO fl:	Landscape RFP		
TH1S TS NOT AN INVOTCE!
Plvuse t/o I/Ill""'" 1hi,1· /i1r111Ji1r /lr(l'/111•111 n·mi//<1l1L'('.

Page 1 of 3

nEOVEST FOR PllOPOSALS LANDSCAPE MID IRRIG/\T)Oll MI\INTEN I\NCE SERVICES FOR RIVERS EDOE COMMUNITY DEVHOPMENT DISTRICT, JllVEllS EDGE Ii COMMUNITY DEVELOPMEllT DISTnlCT, ANP RIVERS llOQE Ill COMMUNITY DEVl'.lOPMENT DISTnICT
AHD
)1oTJcE of PUBLIC MEE,ING TO OPEii RFP RESPOllSES
St. Jqlrns C::Q\.Jnty, Flarid<1 Notice 7:i???lb?o?r:?t0S,?1t»IVors l!.dgc-  ComtnUnlly  baveloµ1ncnl
??s?l?lc1?s C???:?,tylidJlee?'llo tt?;?t
Plstrtcts (11tllvcrs Edge 1111 1 nnd
?iv,;;??lEgfstr\?t;(?fv???ltd?:v,jJ;
anc.11 all Districts together, lhll 1-toislrlcls"} \'Jill pcci:pt proposals from nll quollfted c.on1panles Inter•
lr!:;iu??):i1?????n?"e"?!??fc:/??
?rie,	1
tti
?r?d? ?l\??\??eHI???!' ia??g Dlslilcls,
l'he project IHt'lll\Jill (11Proje.:d M?riunl11) for tho- request for proposu)s (1'JlPP'1) will be. available
?blfi???c b1?:e,?1?ono?ndM???r. Ll6?
20261 al 9:oo a.m, (EsT) (1•??01>0.,.ill Pltk?Up Thn.1t11) b,Y e n'l\llllng tho O!strlc.\ M1tnilge11 Cotbln deNi'.lgY1 nt
iie?h????z:??i\'}??n??11?-,1?h???!
.subject llne- wRIY?rtown RFP Raqu11st fot PtoJa.c.t Manual,"
Firms desiring la subn,ll proposals
for Lhls project mu:.t i1ltq11d ? mandatory prekproposal meeting, on Mt1td1 23, io!t.61 ?1 10:00 ?,tn.
{EST) Al tho nlvorclub laciltad at
180 RlvllrgJade. Run1 st Johns, FL a22.sa, Finns desiring \o .submit p1oposnls mus\ subnll\ on• (1) origin.JI, ton (10) hard copies, 0nd ona nlacltonlc copy 011 a thurnb
drlva o( the required proposal no
?.??n?h!?sW:! ti?\??;f.:c::st'r??
1 t41 st, Augustlt1t11 FL :.ii0?;:!1
A\\•nllon1 corbln doNagy Addl-
?1r0o1:?r•?:n'i:t\?:,i8J???::e?1??l?jj supply a bfd bond or cashier's check In tha arnourH of ten?thou... sand dollors ($ IQ,000.00} wllh Its
?;11e?:al·a altettd tho l11i\hcii'ltDtY
pre-ptoposal meeting i,S snetltted
m:1,r????,???eW:h????????1!1
be ?ubmltled In a senlod. Jnck?9a1 shnll bear lha namo of tho proposer
i,?.t?: c?:,;1:ct??
1
?R??:r?in1:?t ' ?\:t????I cL:?ts????
und lrrlg?llon M?lntenatice Services
;::i):Jal.?;ro???dl_sd?f?e?ad.alti?
racslmUe, telephonlc, a..m-a\led, or
\elegrophlc  ,ubmlt1•l•  will  be
lh?e??h?dE{:S0Jr!;l?d1vtl!t'???
submltt?1 may no!.. be con.s!dt?tetJ In the Plstrlcls' db:creUon but c:nn bo ch1/rned by ihe ov1not within ta:11
(10) cale11d01 days of \he subml\tol deadline, or U not ,etriavad within tha a(orementloned tlmeframa, fg"'"Yo?de?el?0????ri t\e iv:tical!?h
??s1?;?ui?ft?o?1?!?t??{t'2h?1?0  ?IJ
1  s	nd	1
r1??? J(t9't??s? wW?eih cP'r1?:ws? D?p111 lrnent of Transport:ttlon a11c.J 7J.i Jh??:	0 ni?d{?r??j?r?i
experJQnc.e \'Jl?h l?nd.1:capa mtilnto?
nance 11r0Jec:ts: and (J) ';)ll?nd lht:!
manditory  pre?bld  meellng.  /\II
r,?:Ppj?j!?tt1???a}?11o?s?oillh?Ptr?!
???re?t' ?1arn?:,l\?fli n?t?:sav??1ab1:
:!se}?!l l??ee?:?fli l?helh?i?t,??}! dl£t;rellon lo mtike changes lo lhi:. Ptojntl Manual up until the lime of
??v1!i0???f?a06£°'???)1 :1?ing?? only lo !hose prriposels \'Jllo ha',!a requesLed ? P1t>Jecc Mcrnual.
???,??a??·,??1?:rl?atdo?:):i????i1,?1? the  ProJac:L Manual al a nollced public moating rollowlng the open-Ing q( lho bids, Pike: wlll be one (actor used In dC!tanninlng the f)TOJ)05i1I thnt Is In lhn bes! lnlt!IC!Sl of the Distdc.ts, but the Dlstllcts c-xµllcHly te$elV!:!. the right to make such awsrd to ather than lhe. lowosl prlci;, p1opo.$sl, The Dlsldcts h?vo tho right 10 1ej?cl ill'IY and aU proposols t\nc.J W'f'ive 11ny tec;hnlr;al
?l???h??i???11?!iti?el?101h{;Ji?f?'J:
j;1yf1?C????ul?!s1:1 \',\??r?J!tc'?)la?1/!
Dlstdtls \O ()a .!io,
Prato.s,t.s
Any p,otes\ ragarc.Jln!I lh"' f>1ajetl Manuill1 lncludlng but 11ol lm1n?c.J to pro-tests re:la\tn.g to the p1"posnl
?l??k;;o???,if';;!,?;s",1 tih!1':??t??;; fo1m. the scope o( wo11<1 lht> mnn, th? t,pedhciillqns, the 1?v.:ilviJllo1\

f'llg<! 2 o/'2

;•,'t!b?f?ho?hjn fh!{???J::t kf:n??!I?
or  uny otht!t issuos or !toms rcl;ilT
!no lo thl! Project Mnnunl1 must bq fih1d in writing within 5evenly-two (72} hours nftQr the Propo!inl Pkk .. Up Timn, The?. formal pro\est sctUng
??rJ1a?;;i? :0a???cl??'f?? ???1::t\!
btJscd shaff be lih:d wllhtn se-ven (71
calendar  days ilfter lhe. lnltliil
r?t:1??e1;kt:?e???t:: o"r1ep?di:?1t\J??
falhne to Hme\y tile a fotmill wrlt-t?n prolesl shell conslitute rl waiver of ?ny tlgh\ to qbjecl 01
?f??;?ts;?\?fi??wQe?; ?0, a???t;:?i
documents. Add!Honul info1matfon and requirements regarding protests are set {of\h In the Project ManupJ and the Districts' Rules of J-lrocedur?, which are i,Vaflable from the  Olsl1fc::ts  Managot.  /1.ny
???r::sv?r p?v:l?$a?es lh:0?t??Je?? MalHlal, a prQp,;>stiT reJettion, or " propasnl awi\rtl shall po.s:t with the Ois-t,kls i\l 1he time of filhl!J, a
?fit\i:?s ,:i?:/e d??lsi?1tor ':cu!??
ore  the  subJec;t of the protest, If
tho protesl relnle-5 lQ oil lh1ee Dlsttic.ls, a ?ep1;11ate ptotesl 'oond shall be Hied 1•jlh eoch Dlstrkls,
??aj!1?t1?!;ial !)1?flro?:fll?g ??: amount  at  ten  thousand dollars bs10\ooo,oo), Noiwl\hsten<llng the p!?\'e?is) borid?,???9 pr??!:s?\n9 °'! proposal reJecllon or p1opo:!$PI
?\'la.rd sh91J be In an (lmo\Jnt equPI H????Ficl??1fo\(llg?)l?f????:?0ie?? than	teh	thcw$-.ind	dollars
Ls.i?•???-.??\:r?J:essh:?1e:\?Ju;, certified, cashier's c.r!'c.c.k or $Uth olhe.r fo1m of suiely 1;1s the Dlst!ICts Stafr may -.ipprQve. All ?onr;ls shall
be rn•d• payable to the Plsltlcts. follurc- lo post such band wlthln the
	•	r.?11;)?s?;?,?-??0b?i??0?11!?,i?1s?d?61i
the Olsttltts1 with the ptor,a.s:er afforded no tellef,
Nol/coo( Public Meeting (a, aid
Op•nlng	.
A speclnl joint meeting of  the
ltlvers l:dge CommunHy Develop•
gi1?}ou?/f?r???•c1cfJ?;:?t J,?frftt??
nnd nlvats Edge IIJ ca1nmunfty
???eJ?ff1?,tilJ2???!il???o\???n??11?aji
West Town Pl-ac:et suite 114, Sl. Augustine, Fl 32082 rar the .sole purpo$a of op1rnlng lho bids, No oifkh1I Be.lion of lhl! Disltkls' Bo'.iJrds WIii be taken ill this moat...
?nlb11Jh:nre\?Uti?s c??d?c??d t??
0
?lirld?ara??- ?lt?o??ear\ hv?s??nesnd? for this" met!llng may be obt.:ilnl'ld by con lac.lino Lh<? Dlstrkl Maf'liJOCJl1 Gove.rnnit!nlal	Mt:ir\agt'lfl'u."?nl Se.rvkes1 lLC1 476 Wt!sl TOWn Place, suite 11-4, st. AugusllhCJ, FL a.2259, (QQ4) e4o-soso. Thi$ mogtlng n>ay be. continued to a dale1 llml?, and plate to be specified on the record al the rneellng,
lheie may be occasions- when starf QI othC?r lnd1vfduals may pal lidpato
?Jq?frf:?e?p :!mh???????d3?,???
0
dtsilbflYtyn??ct?nh?s!?i> tJ?::ah?cn? 1>hould cohl.i.tt ths 01.slllcl O(llce al (90'1) 9'10-5850 ell least three (3) days prior to the meeting, If you
are hearlno or speech impal,e:d,
pl?aSE CDJ\lti(;l the rlt1rfd-a Rcl.:,y Service •t 1·600•965-a77o, for aid In c.ontacllng the Dh.1rkl orttce,
?ach petson who dadde.$' to a.prii::a.l any detlsioo rnade With respect to al\Y 1niltte1 con?idered ill a me.eling ls acJv1!.ec.l thnt µcr5on wlll need a tl!'co1d of proceeding$ all? \hal i'!C.;o,Q\ngi}•, lhi;> pe1son may need to C!fls?uc \h;it P Yetbatlm tecor<l of the p1oi:.?edl11gs ls rnade, 11\cludtng
?•?hcltl,ei,\?t?1';{'p:?4s??l??b:seufan It l!- 011tlelp.1\?(] tha\ bld(.leH WIii be f1??1:g1s\?1?:;,e??a?J?1l??1?!?1?,,?i
present.>llon of thelt proposol. Ho
subst:uH\VC? atn!!fldn\O:nts wlll be
fl???!l{h?	1?f 1
meeting will be dlslrtCuled 5Qi:)il-rately lo ilfl bidders who .itlend the pre-•p1oposL1l meeting <lnd will b12 postetl on the dlst,lc.tsi webslt<?s,
Any and all quesl/on5 relative. le
this teque.st fo1 propo5als sha)I be dluicl.ed only In \111lttng to lha blsllk\ t-..h1nt1ge1, Co1bln deNi19Y, ill crJen;lgy@grnsn(.com, Wi\h e•milll
,;.opie-s. to l,.c1\lrf!n Ue11t1y ilt L,,u1 Pl\@("ddlawye-1.s cam. le-)e.. phone l11qulrlos will NOT be ncc:epli:d.

W.B.MASON CO., INC.
59 Centre St
Brockton, MA 02301

Address Service Requested
888-WB-MASON www.wbmason.com

Rivers Edge COD 2
475 W Town Place# 114 Saint Augustine FL 32092

Important Messages
(Page 1) PM(P)

Delivery Address
River Club Attn.: Ken
160 Riverglade Run Saint Johns FL 32259

W.B. Mason Federal ID#: 04-2455641

IMPORTANT UPDATE REGARDING W.B. MASON RETURNS POLICY:
Unopened items must be returned within 30 days. Missing, damaged, defective or expired items must be reported within 14 days. Visit www.wbmason.com to view our entire Return Policy
Thank you for your business! We encourage you to visit www.wbmason.com/Payment for 24/7 access to your account. We offer the ability to pay online, and view or download invoices.

ITEM NUMBER	
DESCRIPTION	
QTY	
U/M	
UNIT PRICE	
EXT PRICE	
MRCP200N	TOWEL,MFOLD, 16PK/250,NTTN, 16PK/CT	2	CT	36.97	73.94	
SJN327171	ORIGINAL GLASS CLEANER,FRESH SCENT,32 OZ SPRAY BOTTLE,4/CT	1	CT	29.59	29.59	
MRC05002	TISSUE,BATH ,2PLY,RCY,500/RL,96/CT,WH	1	CT	54.89	54.89	
AVE16171	INDEX,8T,TRANSLUCENT,AST	3	ST	9.74	29.22	
AVE11903	DIVIDER PLST PCKT 8TB AST	1	ST	8.56	8.56	

SUBTOTAL:	196.20	
TAX & BOTTLE DEPOSITS TOTAL:	0.00	
ORDER TOTAL:	196.20	
Total Due:	196.20	

To ensure proper

W.B. MASON CO., INC. PO BOX 981101
BOSTON, MA 02298-1101

Rivers Edge COD 2
475 WTown Place# 114 Saint Augustine FL 32092

Approved RECDD 2 Submitted to A/P 04-20-26 By Richard Losco
?u4-C,6

PLEASE REFERENCE INVOICE NUMBER WHEN MAKING PAYMENT. PAY ON OUR WEBSITE OR SEND PAYMENT TO:

W.B. MASON CO., INC. PO BOX 981101
BOSTON, MA 02298-1101

C31788772613438382613438380000000196208

FOURTH ORDER OF BUSINESS

A.

E.

RECDD’s Monthly Operations Report
Date of report: 06/17/2026	Submitted by: Kevin McKendree & Richard Losco

RECDD I

Painting of RiverHouse:
The RiverHouse needs painting both interior and exterior. We are gathering quotes to present to the board in October. This is a planned capital reserve project. This was approved and we are working on scheduling. We expect this to take months as there are many parts to it that we must work around i.e. rentals and the ongoing pool project. Work started ﬁrst week of the new year. Gym side bathrooms are completed. Yoga room is completed. Gym is completed. Interior rental side is completed. We are working on exterior now.

Rental Side Remodel:
We have begun the process of developing a plan and gathering quotes for the remodel of the rental side at the RiverHouse. Chairman Mcintyre is our liaison for this project. We will present this to the board when all the information is gathered.

Tennis Court Fencing:
Tennis court fencing was approved in Marchs meeting for B and B Tennis to execute. We are working on
scheduling now as the courts will be shut down for 2 weeks to complete this. Possibly mid-July.

Groves Playground:
During playground inspections we discovered extensive rot at the base of the Robinia wood structures at the Groves playground. This is very similar to the pirate ship playground at the RiverClub with signs of termite damage. We went ahead and demolished the old wood parts of the playground, as even coned oﬀ, kids were continuing to play on them. CDD board 1 elected to go with Kompan’s proposal. Although boards 2 and 3 stated they would not want any other company besides Kompan in Rivertown, we will need both boards to oﬃcially cast their vote before ordering this new playground.

Umbrellas at RiverHouse:
New umbrellas were approved and ordered for the RiverHouse pool deck. This should be an 8-week
lead time.
Basketball Court Vandalism:
Due to the continued vandalism of the basketball court with e-bikes, we recommend fencing in the court without access control. This will corral any bikers on the court as we contact the police. We have it in the budget to resurface the court, but this would be pointless until we can end the bikes going onto the court. This was approved and we have placed our order with Fencescapes. Scheduling to follow.

Feature pump motor at RiverHouse:
The feature pump motor went out last week at the RiverHouse. This controls the bubblers at the beach entry and water shooters on the pergola pillars. A replacement has been ordered and will be replaced as soon as it arrives.

RECDD II

Pirate Ship Playground:
During a playground inspection we discovered some severe rot on the top decking and supporting posts of the pirate ship at the RiverClub. We closed the structure and notiﬁed the community. We met with Kompan and they will be honoring the warranty on this repair with a full replacement. Kompan has never experienced a warranty claim like this, and we are part of a global study as to why the Robinia (black locust) wood failed. The CDD is only on the hook for removal of the old ship and the W.D.O (wood destroying organism) inspection which has been completed. The new unit is scheduled to arrive in Austin Texas from Denmark on June 17th at which point scheduling will begin. This warranty claim saved the community $200,000-$250,000 vs replacing the unit.

All Districts

Mainline breaks:
Last week on the morning of 12/11 we had 13 mainline breaks occur, scattered throughout RiverTown due to what we believe was a giant water hammer event. We have been in contact with JEA on helping us with repair costs and ﬁnding the source of the problem which we believe was increased pressure from the new booster station. Yellowstone is discounting these repairs to help us out in case the city of Jacksonville who handles JEAs insurance claims, denies us.

RECDD’s Lifestyle Report

Date of report: 06/17/2026	Submitted by: Kim Fatuch

May Events
	•	5.22.26 – Dustin Bradley Music
	•	Live Music in the café
	•	5.25.26 – Annual Luau
	•	Residents can enjoy a Hawaiian themed pool party at the Riverhouse
	•	Roughly 300 residents attended this event.
	•	Dancers were amazing

	•	​

	•	​

June Events
	•	6.11.26 – Music Bingo
	•	Residents’ favorite weeknight game in the café
	•	6.12.26 – Jeremy Weinglass
	•	Live music in the café
	•	6.13.26 – Balls, Brews & Bonﬁre
	•	To celebrate the dads, we are holding a dad-centric event at the RiverHouse.
	•	6.19.26 – Greg Johnson
	•	Live Music in the café
	•	6.25.26 – Music Bingo
	•	Residents’ favorite weeknight game in the café
	•	6.27.26 – Adult Toga Party
	•	Residents 21+ are invited to the RiverClub for a kid-free evening at the pool

RECDD’s Amenity Manager Report

Date of Report: 06/17/2026	Submitted by: Ken Council & Richard Losco

Summer is in full eﬀect! Lifeguard hours are 11am – 7pm at the RiverHouse (Tuesday – Sunday), and 10am – 8pm at the RiverLodge (Thursday – Tuesday). The RiverHouse Slide & RiverLodge Water Activity Pool/Splash Park will only be open when lifeguards are on duty. The RiverTown Annual Luau was a major success on Monday, 5/25/2026 at the RiverHouse. Technogym is waiting on parts to repair the Lat Pulldown at the RiverLodge.

RiverHouse
*Closed Mondays* Clubhouse Staﬀ Hours:
11am – 7pm (Sunday, Tuesday - Thursday)
11am - 9pm (Friday & Saturday)
Recreational & Lap Pool:
	•	Both pools are open 30 minutes after Sunrise until 30 minutes before Sunset
	•	Lap Pool is for Lap Swim Only!!! No hanging on Lap Lines!! No diving oﬀ dive blocks!
Fitness Center:
	•	4am – 12am (Sunday – Saturday)
Other Updates:
	•	Lifeguard hours are 11am – 7pm at the RiverHouse (Tuesday – Sunday).

	•	The RiverTown Annual Luau was a great success on Monday, 5/25/2026 at the RiverHouse.

RiverClub
*Closed Tuesdays* Amenity Hours:
	•	10am – 9pm (Sunday, Monday, Wednesday, & Thursday)
	•	10am – 10pm (Friday & Saturday)
Other Updates:
	•	Dynamic Security will be out to repair Southeast pool gate magnetic lock.

RiverLodge
*Closed Wednesdays*
Amenity Hours (Airnasium & Fireplace):
	•	10am – 8pm (Thursday - Tuesday)
Water Activity Pool/Splash Pad & Lifeguard Hours:
	•	The Water Activity Pool/Splash Park will only be open when lifeguards are on duty.
	•	Lifeguards will be on duty from 10am – 8pm every day (except Wednesdays) for Summer.

Lazy River, Lounge Area, & Volleyball Court Hours:
	•	10am – 30 minutes before sunset
Fitness Center:
	•	4am – 12am (Sunday – Saturday)
Other Updates:
	•	Technogym is awaiting parts to repair the Lat Pulldown machine.
	•	ACE Doors came out to repair the broken gate from the Volleyball court to the maintenance parking area on 6.4.2026.

RECDD’s Café Report

Date of report: 06/17/2026	Submitted by: Lisa McCormick & Richard Losco

The month of April showed no signs of slowing down with strong Total POS Net Sales at
$97,646. Food and Beverage continue to be the primary revenue drivers, with alcoholic beverage sales not far behind. Wages as a percentage of net sales were 22.2%, phenomenal, and food and beverage expense hovered at 43.4% of net sales. We will continue to review purchasing, waste, and pricing to minimize our cost of goods expense to maintain low prices for our residents.

April represents the change of seasons and the beginning of summer, with events and programs scheduled throughout Labor Day! April events included music bingo and live music entertainment. Memorial Day and July 4th festivities have been planned for the community.

Planning will continue for staffing needs, menu design edits, and service-related issues. One of the biggest challenges this summer will be meeting staffing needs. The kitchen is focused on reducing cost of goods sold and managing labor schedules to improve gross margins. Labor costs are well controlled overall but fluctuate significantly with net sales volume.
Square POS Net Sales were up 15.7% for the month of April @ $97,646 compared to $84,386 prior year. Revenue was driven by the warm weather and booked events which included live music and music bingo.

Cost of Goods Sold (Food and Beverage) was @ 43.4% in the month of April, compared to 38.8% prior year.
Food & Beverage as % of Revenue:

Target	12-Month	% Rate – 40%	
Optimal	12-Month	% Rate – 35%	
Actual	April ‘26	% Rate – 43%	

Gross Wages as % of net sales were 22.2% in the month of April, compared to 24.1% prior year.
Gross Wages as % of Revenue:

Target	12-Month	% Rate – 35%	
Optimal	12-Month	% Rate – 30%	
Actual	April ‘26	% Rate – 22%	
If the current trends continue, summer months could surpass prior peak months in both revenue and net income, reinforcing a strong 2026 performance.

	Account	Rivers Edge II CDD		
Work Order	00971115	Contact	Kevin McKendree	
Work Order Number	00971115	Address	73 Shinnecock Drive Saint Johns, FL 32259 United States	
Created Date	5/20/2026			

Specialist Comments to Customer
Report reflects work performed on 5/13/26 & 5/20/26.
Most water levels are still dropping from the drought conditions. A few are average or higher from recent rains. On the 13th, I cleared the outflow pipe on pond 4 to drop the level back down to normal.
I used herbicide to control invasive and nuisance vegetation along the perimeters of listed treated ponds.
I added dye to ponds 11,12,13,14,16,19 & 20 in order to improve color, limit light penetration and suppress growth.
Any accessible trash was removed from treated ponds. There was a lot of trash in pond 19.
Thank you for being a Solitude customer!
Prepared By
KYLE FOLLANSBEE

	Account	Rivers Edge II CDD		
Work Order	00971115	Contact	Kevin McKendree	
Work Order Number	00971115	Address	73 Shinnecock Drive Saint Johns, FL 32259 United States	
Created Date	5/20/2026			

Work Order Assets			
Asset	Status	Product Work Type	
Rivers Edge CDD II Pond RC1	Treated		
Rivers Edge CDD II Pond 5	Treated		
Rivers Edge CDD II Pond 7	Inspected		
Rivers Edge CDD II Pond 12	Treated		
Rivers Edge CDD II Pond 8	Inspected		
Rivers Edge CDD II Pond 3	Treated		
Rivers Edge CDD II Pond 14	Treated		
Rivers Edge CDD II Pond 4	Treated		
Rivers Edge CDD II Pond 9	Treated		
Rivers Edge CDD II Pond 10	Treated		
Rivers Edge CDD II Pond 13	Treated		
Rivers Edge CDD II Pond 11	Treated		
Rivers Edge CDD II Pond UU	Inspected		
Rivers Edge CDD II Pond SS	Inspected		
Rivers Edge CDD II Pond TT	Inspected		
Rivers Edge CDD II Pond KK	Inspected		
Rivers Edge CDD II Pond NN	Inspected		
Rivers Edge CDD II Pond RC2	Treated		
Rivers Edge CDD II Pond 15	Treated		
Rivers Edge CDD II Pond CR3	Treated		
Rivers Edge CDD II Pond JJ	Inspected		
Rivers Edge CDD II Pond 1	Treated		
Rivers Edge CDD II Pond 6	Treated		
Rivers Edge CDD II Pond 2	Treated		
Rivers Edge CDD II Pond 21	Inspected		
Rivers Edge CDD II Pond 20	Treated		
Rivers Edge CDD II Pond 23	Inspected		
Rivers Edge CDD II Pond 22	Inspected		
Rivers Edge CDD II Pond 17 Rivers Edge CDD II Pond 16 Rivers Edge CDD II Pond 19
Rivers Edge CDD II Pond 18	Treated Treated Treated
Treated		

	Account	Rivers Edge II CDD		
Work Order	00971115	Contact	Kevin McKendree	
Work Order Number	00971115	Address	73 Shinnecock Drive Saint Johns, FL 32259 United States	
Created Date	5/20/2026			

Service Parameters			
Asset	Product Work Type	Specialist Comments to Customer	
Rivers Edge CDD II Pond 23	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 22	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 21	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 20	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 19	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 18	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 17	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 16	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 23	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 23	MONITORING		
Rivers Edge CDD II Pond 23	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 23	ALGAE CONTROL		
Rivers Edge CDD II Pond 22	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 22	MONITORING		
Rivers Edge CDD II Pond 22	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 22	ALGAE CONTROL		
Rivers Edge CDD II Pond 21	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 21	MONITORING		
Rivers Edge CDD II Pond 21	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 21	ALGAE CONTROL		
Rivers Edge CDD II Pond 20	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 20	MONITORING		
Rivers Edge CDD II Pond 20	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 20	ALGAE CONTROL		
Rivers Edge CDD II Pond 19	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 19	MONITORING		
Rivers Edge CDD II Pond 19	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 19	ALGAE CONTROL		
Rivers Edge CDD II Pond 18
Rivers Edge CDD II Pond 18 Rivers Edge CDD II Pond 18	SHORELINE WEED CONTROL MONITORING
LAKE WEED CONTROL		

	Account	Rivers Edge II CDD		
Work Order	00971115	Contact	Kevin McKendree	
Work Order Number	00971115	Address	73 Shinnecock Drive Saint Johns, FL 32259 United States	
Created Date	5/20/2026			

Rivers Edge CDD II Pond 18	ALGAE CONTROL		
Rivers Edge CDD II Pond 17	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 17	MONITORING		
Rivers Edge CDD II Pond 17	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 17	ALGAE CONTROL		
Rivers Edge CDD II Pond 16	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 16	MONITORING		
Rivers Edge CDD II Pond 16	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 16	ALGAE CONTROL		
Rivers Edge CDD II Pond UU	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond SS	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond NN	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond TT	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond KK	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond CR3	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond JJ	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond RC2	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 15	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 13	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 11	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 10	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond RC1	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 12	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 8	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 5	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 7	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 4	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 9	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 3	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 14	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 6	TRASH / DEBRIS COLLECTION (IN HOUSE)		
Rivers Edge CDD II Pond 2 Rivers Edge CDD II Pond 1
Rivers Edge CDD II Pond UU	TRASH / DEBRIS COLLECTION (IN HOUSE) TRASH / DEBRIS COLLECTION (IN HOUSE)
SHORELINE WEED CONTROL		

	Account	Rivers Edge II CDD		
Work Order	00971115	Contact	Kevin McKendree	
Work Order Number	00971115	Address	73 Shinnecock Drive Saint Johns, FL 32259 United States	
Created Date	5/20/2026			

Rivers Edge CDD II Pond UU	MONITORING		
Rivers Edge CDD II Pond UU	LAKE WEED CONTROL		
Rivers Edge CDD II Pond UU	ALGAE CONTROL		
Rivers Edge CDD II Pond SS	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond SS	MONITORING		
Rivers Edge CDD II Pond SS	LAKE WEED CONTROL		
Rivers Edge CDD II Pond SS	ALGAE CONTROL		
Rivers Edge CDD II Pond NN	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond NN	MONITORING		
Rivers Edge CDD II Pond NN	LAKE WEED CONTROL		
Rivers Edge CDD II Pond NN	ALGAE CONTROL		
Rivers Edge CDD II Pond TT	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond TT	MONITORING		
Rivers Edge CDD II Pond TT	LAKE WEED CONTROL		
Rivers Edge CDD II Pond TT	ALGAE CONTROL		
Rivers Edge CDD II Pond KK	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond KK	MONITORING		
Rivers Edge CDD II Pond KK	LAKE WEED CONTROL		
Rivers Edge CDD II Pond KK	ALGAE CONTROL		
Rivers Edge CDD II Pond CR3	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond CR3	MONITORING		
Rivers Edge CDD II Pond CR3	LAKE WEED CONTROL		
Rivers Edge CDD II Pond CR3	ALGAE CONTROL		
Rivers Edge CDD II Pond JJ	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond JJ	MONITORING		
Rivers Edge CDD II Pond JJ	LAKE WEED CONTROL		
Rivers Edge CDD II Pond JJ	ALGAE CONTROL		
Rivers Edge CDD II Pond RC2	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond RC2	MONITORING		
Rivers Edge CDD II Pond RC2	LAKE WEED CONTROL		
Rivers Edge CDD II Pond RC2	ALGAE CONTROL		
Rivers Edge CDD II Pond 15 Rivers Edge CDD II Pond 15
Rivers Edge CDD II Pond 15	SHORELINE WEED CONTROL MONITORING
LAKE WEED CONTROL		

	Account	Rivers Edge II CDD		
Work Order	00971115	Contact	Kevin McKendree	
Work Order Number	00971115	Address	73 Shinnecock Drive Saint Johns, FL 32259 United States	
Created Date	5/20/2026			

Rivers Edge CDD II Pond 15	ALGAE CONTROL		
Rivers Edge CDD II Pond 13	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 13	MONITORING		
Rivers Edge CDD II Pond 13	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 13	ALGAE CONTROL		
Rivers Edge CDD II Pond 11	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 11	MONITORING		
Rivers Edge CDD II Pond 11	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 11	ALGAE CONTROL		
Rivers Edge CDD II Pond 10	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 10	MONITORING		
Rivers Edge CDD II Pond 10	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 10	ALGAE CONTROL		
Rivers Edge CDD II Pond RC1	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond RC1	MONITORING		
Rivers Edge CDD II Pond RC1	LAKE WEED CONTROL		
Rivers Edge CDD II Pond RC1	ALGAE CONTROL		
Rivers Edge CDD II Pond 12	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 12	MONITORING		
Rivers Edge CDD II Pond 12	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 12	ALGAE CONTROL		
Rivers Edge CDD II Pond 8	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 8	MONITORING		
Rivers Edge CDD II Pond 8	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 8	ALGAE CONTROL		
Rivers Edge CDD II Pond 5	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 5	MONITORING		
Rivers Edge CDD II Pond 5	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 5	ALGAE CONTROL		
Rivers Edge CDD II Pond 7	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 7	MONITORING		
Rivers Edge CDD II Pond 7 Rivers Edge CDD II Pond 7
Rivers Edge CDD II Pond 4	LAKE WEED CONTROL ALGAE CONTROL
SHORELINE WEED CONTROL		

	Account	Rivers Edge II CDD		
Work Order	00971115	Contact	Kevin McKendree	
Work Order Number	00971115	Address	73 Shinnecock Drive Saint Johns, FL 32259 United States	
Created Date	5/20/2026			

Rivers Edge CDD II Pond 4	MONITORING		
Rivers Edge CDD II Pond 4	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 4	ALGAE CONTROL		
Rivers Edge CDD II Pond 9	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 9	MONITORING		
Rivers Edge CDD II Pond 9	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 9	ALGAE CONTROL		
Rivers Edge CDD II Pond 3	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 3	MONITORING		
Rivers Edge CDD II Pond 3	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 3	ALGAE CONTROL		
Rivers Edge CDD II Pond 14	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 14	MONITORING		
Rivers Edge CDD II Pond 14	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 14	ALGAE CONTROL		
Rivers Edge CDD II Pond 6	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 6	MONITORING		
Rivers Edge CDD II Pond 6	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 6	ALGAE CONTROL		
Rivers Edge CDD II Pond 2	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 2	MONITORING		
Rivers Edge CDD II Pond 2	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 2	ALGAE CONTROL		
Rivers Edge CDD II Pond 1	SHORELINE WEED CONTROL		
Rivers Edge CDD II Pond 1	MONITORING		
Rivers Edge CDD II Pond 1	LAKE WEED CONTROL		
Rivers Edge CDD II Pond 1	ALGAE CONTROL		
Rivers Edge CDD II Pond 18			
Rivers Edge CDD II Pond 19			
Rivers Edge CDD II Pond 16			
Rivers Edge CDD II Pond 17			
Rivers Edge CDD II Pond 22 Rivers Edge CDD II Pond 23
Rivers Edge CDD II Pond 20			

	Account	Rivers Edge II CDD		
Work Order	00971115	Contact	Kevin McKendree	
Work Order Number	00971115	Address	73 Shinnecock Drive Saint Johns, FL 32259 United States	
Created Date	5/20/2026			

Rivers Edge CDD II Pond 21			
Rivers Edge CDD II Pond 2			
Rivers Edge CDD II Pond 6			
Rivers Edge CDD II Pond 1			
Rivers Edge CDD II Pond JJ			
Rivers Edge CDD II Pond CR3			
Rivers Edge CDD II Pond 15			
Rivers Edge CDD II Pond RC2			
Rivers Edge CDD II Pond NN			
Rivers Edge CDD II Pond KK			
Rivers Edge CDD II Pond TT			
Rivers Edge CDD II Pond SS			
Rivers Edge CDD II Pond UU			
Rivers Edge CDD II Pond 11			
Rivers Edge CDD II Pond 13			
Rivers Edge CDD II Pond 10			
Rivers Edge CDD II Pond 9			
Rivers Edge CDD II Pond 4			
Rivers Edge CDD II Pond 14			
Rivers Edge CDD II Pond 3			
Rivers Edge CDD II Pond 8			
Rivers Edge CDD II Pond 12			
Rivers Edge CDD II Pond 7			
Rivers Edge CDD II Pond 5			
Rivers Edge CDD II Pond RC1			
ST JOHNS COUNTYSHERIFF'S OFFICE
StatisticSheet
Rivertown COD Corbin deNagy GMS Services LLC
475 W. Town Place, Suite 114 Saint Augustine, FL 32092

I

ACTIVITY/ COMMENTS:

					

NAME/ ID:	# 10727				
DATE	CAD#	TIMEIN	TIMEOUT	TOTAL HOURS	
	SJS026CAD108179			6	

					

					
ACTIVITY/ COMMENTS:

NAME/ ID:	#11210				
DATE	CAD#	TIMEIN	TIMEOUT	TOTAL HOURS	
	SJS026CAD124669			6	

					

					
ACTIVITY/ COMMENTS:

FIFTH ORDER OF BUSINESS

Groves Park Playground Equipment
Proposal:

	1.	Is the cost for this work intended to be shared?

	•	Yes (Please proceed to question 2)

	•	No, the entire cost will be paid by: [Choose One]
(Please leave remainder of form blank)

	1.	If yes, please check one of the following:

	•	This work was reviewed by the engineer and methodology consultant and jointly they have determined the costs are “Shared Costs”, as defined in the Interlocal Agreement, and such Shared Costs are budgeted expenses in the current fiscal year budget.

	•	This work is for a new or supplemental area, service, or improvement that was not previously budgeted as Shared Costs and/or were not budgeted items for the current fiscal year and require immediate funding. (Please attach the Cost-Share Request Form).

[End of Cover Sheet]

COST SHARE REQUEST

This cost share request (the “Request”) shall be subject to and governed by the terms of that certain
Tri-Party Interlocal and Cost Share Agreement Regarding Shared Improvement Operation and Maintenance Services and Providing for the Joint Use of Amenity Facilities, dated November 1, 2019, as may be amended from time to time (“Interlocal Agreement”).

Requesting Party: Rivers Edge CDD

Request:	■ Supplemental maintenance services for existing Improvements (i.e. enhancement of existing improvement areas). (Methodology Consultant must sign. Please attach party signature page.)
 Addition of new improvements (Methodology Consultant and Engineer must sign)
Please identify the scope of supplemental services or describe the additional improvements requested to be added. Attach service maps that clearly identify new or enhanced maintenance areas. Attach additional sheets if necessary:

 Replacement of playground equipment at the Groves PlayPark	

Total Proposed
71,488.57
Compensation:	$	

Cost Share
25,378.44
Calculation:	$	Rivers Edge
$	21,074.83
$	25,035.30
Rivers Edge II Rivers Edge III

Methodology
Consultant Approval:		 (Signature)
2026-05-26

(Date)
If requesting addition of new improvements:
Engineer
Approval:		 (Signature)

(Date)
[Please attach this page for supplemental maintenance services for existing Improvements]

The undersigned Parties hereby the aforementioned	supplemental Interlocal Agreement.
consent to the Request as specified herein, and agree that maintenance services shall be subject to and governed by the

RIVERS EDGE COMMUNITY DEVELOPMENT DISTRICT

By: 	
X Chair  Vice-Chair, Board of Supervisors

Date: 2026-05-26	

RIVERS EDGE II COMMUNITY DEVELOPMENT DISTRICT

By:
DJ Smith

X Chair  Vice-Chair, Board of Supervisors

Date:  2026-05-22	

RIVERS EDGE III CDD

By:
DJ Smith

X Chair  Vice-Chair, Board of Supervisors

Date:
2026-05-22

Sales Proposal
Page 1 of 3
Quote No.	SP169208-1
Vesta Property Services
Customer No.	C016921
Kevin McKendree
Document Date
05/18/2026
245 Riverside Ave., Suite 250
Jacksonville, FL 32202
Expiration Date	07/17/2026

Sales Representative Email
Stacy Moseley StaMos@Kompan.com
Phone No.	904-716-7605 / 800-426-9788

Project Name	US346430 RiverTown: The Groves

No.	Description	Qty Unit	Unit Price	Discount %	Net Price	
	TRAIL OPTION 2					
KSW924-CUSTOM	2 Bay swing - 2 infant, 2 belt	1 Pieces	6,190.00	15.00	5,261.50	
	In-ground 90cm 20453315					

CRP250901-CUSTOM	Roloway Trail	1 Pieces	24,470.00	15.00	20,799.50	
	In-ground 20448824					

INSTALL SPECIAL	

Installation of KOMPAN Equipment includes removal/spread of spoils onsite	

1 Pieces	

32,500.00	

5.00	

30,875.00	
FREIGHT	Freight	1 Pieces	4,503.95		4,503.95	

US-BLOWN IN - TOP OFF	
Blown in EWF Top off 8"	
125 Cubic Yard	
84.62	
5.00	
10,048.62	
	
Please read attached General Assumptions and					
	Exclusion document for information on					
	Install/Sitework.					
	Excludes sitework, products, & services not listed.					
	Assumes site to be accessible & install ready.					
	Please allow 10-12 weeks for product delivery upon order placement.					
	Equipment is as per The Grove Trail Site Plan version K1.0-2 - dated 02/24/26					
	Description	Qty	Retail Price	Discount	Net Price	
Sales Proposal
Page 2 of 3
Quote No.	SP169208-1
Vesta Property Services
Customer No.	C016921
Kevin McKendree
Document Date
05/18/2026
245 Riverside Ave., Suite 250
Jacksonville, FL 32202
Expiration Date	07/17/2026

Sales Representative Email
Stacy Moseley StaMos@Kompan.com
Phone No.	904-716-7605 / 800-426-9788

Project Name	US346430 RiverTown: The Groves

No. of Products	2
Subtotal - Products
30,660.00
4,599.00
26,061.00
Subtotal - Surfacing Subtotal - Installation Subtotal - Freight
10,577.50	528.88
32,500.00	1,625.00
4,503.95
10,048.62
30,875.00
4,503.95

Total USD	71,488.57

Payment Terms	50% Prepayment , 50% Net 30 days

Installation Site Address
The Groves at RiverTown 55 Ashlar Dr
Saint Johns, FL 32259
Sales Proposal
Page 3 of 3
Quote No.	SP169208-1
Vesta Property Services
Customer No.	C016921
Kevin McKendree
Document Date
05/18/2026
245 Riverside Ave., Suite 250
Jacksonville, FL 32202
Expiration Date	07/17/2026

Sales Representative Email
Stacy Moseley StaMos@Kompan.com
Phone No.	904-716-7605 / 800-426-9788

Project Name	US346430 RiverTown: The Groves

Note that the color and texture of products and surfacing made with recycled content are subjected by the differences from the used recycled raw materials. Therefore, minor differences in the appearance and texture can occur.
Applicable sales tax will be added unless a valid tax exemption certificate is provided. This amount is only an estimate of your tax liability. Your acceptance of this proposal constitutes a valid order request and includes acceptance of terms and conditions contained within this Master Agreement, which is hereby acknowledged.
Acceptance of this proposal from KOMPAN is acknowledged by issuance of an order confirmation by an authorized KOMPAN representative. Prices in this quotation are good until expiration date, shown in the top of this document. After that date, this proposal may be withdrawn. Prevailing Wage and Payment & Performance Bonds are not included unless stated in body of Sales Proposal. If Payment & Performance Bonds are needed, add 2.2% of the entire sales proposal.

This information required for order placement:

Accepted By (Please Print): 	

Accepted By (Title): 	

Accepted By (signature): 	

Date: 	

Date Equipment needed on site: 	

Bill To: 		Ship To: 	

Address: 		Address: 	

City, State, Zip: 		City, State, Zip: 	

Contact: 		Contact: 	

Contact Email: 		Contact Email: 	

Contact Phone (Office): 		Contact Phone (Office): 	

Contact Phone (Cell): 	

SALES TAX EXEMPTION CERTIFICATE #: 	
(PLEASE PROVIDE A COPY OF CERTIFICATE)
Docusign Envelope ID: 885098BF-7166-84C8-8089-48C4A64E76D6

\•

..
Docusign Envelope ID: 885098BF-7166-84C8-80B9-48C4A64E76D6
Docusign Envelope ID: 885098BF-7166-84C8-80B9-48C4A64E76D6

A1

EXISTING KOMPAN
PRODUCTS

B1

DUE TO THE PRESENCE OF THIRD PARTY OR EXISTING PLAY EQUIPMENT, ADA COMPLIANCE SHALL BE THE RESPONSIBILITY OF THE SITE OWNER / OPERATOR.

SURFACING TBD AREA: 3346 SF

PERIMETER: 219 LF
THE GROVES OPTION 2
55 Ashlar Dr.
Saint Johns, FL
0	10	20

1"=10'-0" ON 11" x 17" SHEET MANUFACTURER'S SHOP DRAWING:
FOR USE BY CONTRACTOR, ENGINEER, OR DESIGN PROFESSIONAL OF RECORD. SEE SIGNED SALES PROPOSAL FOR COMPLETE SCOPE TO BE PROVIDED BY KOMPAN OR REPRESENTING AGENCY. CONFIRM FINAL PLAN AND SCOPE WITH KOMPAN SALES REP OR PROJECT MANAGER PRIOR TO USE FOR REVIEW, PERMITTING, OR CONSTRUCTION.
TO BE READ CONTINGENTLY WITH KOMPAN'S STANDARDS FOR SITE PREPARATION, MATERIALS AND INSTALLATION PROCESSES; PROVIDED AFTER EQUIPMENT PURCHASE. A COMPLIANT PLAYGROUND TO KOMPAN'S STANDARDS MUST SATISFY ALL REQUIREMENTS IN THE CODE OF CONDUCT.
SLAB BY OTHERS UNLESS OTHERWISE NOTED. FOR SURFACE MOUNT OPTIONS, THE CONCRETE REQUIREMENTS MAY BE UP TO 5½" OF 3,500 PSI MINIMUM COMPRESSIVE STRENGTH. CONTACT

SALES REPRESENTATIVE
Stacey Moseley
REVIEW BY DRAWN BY	DATE
DESIGN  JadAnd  260224
REV. NO.	REV. BY  REV. DATE

SHEET
K1.0-2
REVISION NOTES
Site Plan - Ages 2-5 & 5-12
KOMPAN FOR SPECIFIC PRODUCT REQUIREMENTS. ALL COMPOSITE STRUCTURES SHOWN REQUIRE A SITE GRADE OF 2% MAXIMUM, 1% OPTIMAL. SPECIFICATIONS FOR EACH KOMPAN STRUCTURE MAY BE FOUND AT KOMPAN.COM/KOMPANMASTER
DIMENSIONS OF PLAY AREA, SIZE AND ORIENTATION, LOCATIONS OF ALL EXISTING UTILITIES, EQUIPMENT AND SITE FURNISHINGS TO BE FIELD VERIFIED PRIOR TO CONSTRUCTION.
PREPARED AND PRINTED IN USA BY KOMPAN © 2026 KOMPAN, INC. AUSTIN, TX. USA 800-426-9788
-	-	-	-

LAYOUT IS IN ACCORDANCE WITH ASTM F1487

SIXTH ORDER OF BUSINESS

Arbitrage Rebate Computation Proposal For
Rivers Edge II Community Development District
(St. Johns County, Florida)
$4,840,000 Capital Improvement Revenue Bonds, Series 2026

May 12, 2026

Rivers Edge II Community Development District c/o Ms. Oksana Kuzmuk
District Accountant
Governmental Management Services, LLC 393 Palm Coast Parkway SW Unit 4
Palm Coast, FL 32137-4774

Re:	Rivers Edge II Community Development District (St. Johns County, Florida),
$4,840,000 Capital Improvement Revenue Bonds, Series 2026

Dear Ms. Kuzmuk:

AMTEC is an independent consulting firm that specializes in arbitrage rebate calculations. We have the ability to complete rebate computations for the above-referenced Rivers Edge II Community Development District (the “District”) Series 2026 bond issue (the “Bonds”). We do not sell investments or seek an underwriting role. As a result of our specialization, we offer very competitive pricing for rebate computations. Our typical fee averages less than $1,000 per year, per issue and includes up to five years of annual rebate liability reporting.
Firm History

AMTEC was incorporated in 1990 and maintains a prominent client base of colleges and universities, school districts, hospitals, cities, state agencies and small-town bond issuers throughout the United States. We currently compute rebate for more than 8,000 bond issues and have delivered thousands of rebate reports. The IRS has never challenged our findings.

Southeast Client Base
We provide arbitrage rebate services to over 350 bond issues aggregating more than $9.1 billion of tax-exempt debt in the southeastern United States. We have recently performed computations for the Magnolia West, East Park, Palm Coast Park, Windward and Town Center at Palm Coast Park Community Development Districts. Additionally, we are exclusive rebate consultant to Broward County and the Town of Palm Beach in Florida. Nationally, we are rebate consultants for the City of Tulsa (OK), the City of Lubbock (TX) and the States of Connecticut, Montana, Mississippi, West Virginia, Vermont and Alaska.

We have prepared a Proposal for the computation of arbitrage for the District’s Bonds. We have established a "bond year end" of May 15th for the Series 2026 Bonds, which is based upon the anniversary of the closing date in May 2026.
Proposal

We are proposing rebate computation services based on the following:

	•	$4,840,000 Capital Improvement Revenue Bonds, Series 2026
	•	Fixed Rate Debt
	•	Acquisition & Construction, Debt Service Reserve, Cost of Issuance & Debt Service Accounts

Should the Tax Agreement require rebate computations for any other accounts, computations will be extended to include those accounts at no additional cost to the District.

Our guaranteed fee for rebate computations for the Bonds is $450 per year, per issue and will encompass all activity from the dates of the closings through the initial Computation Date. The fee is based upon the size as well as the complexity. Our fees are payable upon your acceptance of our rebate reports, which will be delivered shortly after the report dates specified in the following tables.

AMTEC Professional Fee – $4,840,000 Capital Improvement Revenue Bonds, Series 2026

Report Date	Type of Report	Period Covered	Fee	
May 31, 2027	Rebate and Opinion	Closing – May 31, 2027	$ 450	
May 31, 2028	Rebate and Opinion	Closing – May 31, 2028	$ 450	
May 31, 2029	Rebate and Opinion	Closing – May 31, 2029	$ 450	
May 31, 2030	Rebate and Opinion	Closing – May 31, 2030	$ 450	
May 15, 2031	Rebate and Opinion	Closing – May 31, 2031	$ 450	
In order to begin, we are requesting copies of the following documentation:

	1.	Arbitrage Certificate or Tax Regulatory Agreement
	2.	IRS Form 8038-G
	3.	Closing Memorandum
	4.	US Bank statements for all accounts from the date of the closing through current

AMTEC's Scope of Services

Our standard engagement includes the following services:
	•	Review of all bond documents and account statements for possible rebate exceptions;
	•	Computation of the rebate liability and/or the yield restricted amount, in accordance with Section 148 of the Internal Revenue Code, commencing with the date of the closing through required reporting date of the Bonds;
	•	Independent calculation of the yield on the Bonds to ensure the correct basis for any rebate liability. This effort provides the basis for our unqualified opinion;
	•	Reconciliation of the sources and uses of funds from the bond documentation;
	•	Calculation and analysis of the yield on all investments, subject to the Regulations, for each computation period;
	•	Production of rebate reports, indicating the above stated information, and the issuance of the AMTEC Opinion;
	•	Recommendations for proactive rebate management;
	•	Commingled funds, transferred proceeds and yield restriction analyses, if necessary;
	•	Preparation of IRS Form 8038-T and any accompanying documentation, should a rebate payment be required;
	•	We will discuss the results of our Reports with you, your auditors, and our continued support in the event of an IRS inquiry; and
	•	We guarantee the completeness and accuracy of our work.

The District agrees to furnish AMTEC with the required documentation necessary to fulfill its obligation under the scope of services. The District will make available staff knowledgeable about the bond transactions, investments and disbursements of bond proceeds.

The District agrees to pay AMTEC its fee after it has been satisfied that the scope of services, as outlined under the Proposal, has been fulfilled. AMTEC agrees that its fee is all-inclusive and that it will not charge the District for any expenses connected with this engagement.

The parties have executed this Agreement on 	, 2026.

Rivers Edge II
Community Development District
Consultant: American Municipal Tax-Exempt Compliance Corporation
	
By:	By:	Michael J. Scarfo
Senior Vice President

SEVENTH ORDER OF BUSINESS

Equipment Lease Agreement
TWC SERVICES, INC. herein called "Lessor," hereby leases to	Rivers Edge CDD 2
herein called "Lessee," the machinery, equipment or other property described below, installed at location listed below:

Lessee Mailing Address:	Lessee Equipment Location:
Rivers Edge CDD 2	Same
160 Riverglade Run St. Johns FL 32259

Phone:
(301) 466-3956
Phone:

Equipment Schedule
Manufacturer	Model	QTY	Description	Serial #	
Koolaire	KDT0700A	1	Ice Machine		
Koolaire	K970	1	Storage Bin		
Koolaire	K00470	1	Bin Adapter		

					

General Terms of Agreement:
Additional terms and responsibilities of lessor and lessee are listed on page two of this agreement. Addendum included with this agreement:	No

Installation, Service, and Maintenance included as follows:
Installation:
TWC Services will deliver and install the leased equipment during normal working hours provided adequate capacity services for water, drain, and electrical are available within (6) six unobstructed feet of equipment location. Lessee agrees to maintain environment surrounding water supplied equipment in a temperature range above 35 and below 95 degrees Fahrenheit.
Repairs:
TWC Services will provide all repair services, at no additional cost to Lessee, required to maintain normal operation of equipment.
Maintenance:
TWC Services will provide scheduled preventive maintenance, two times each year, at no additional cost to Lessee, during regular business hours, 8:00 AM to 5:00 PM, Monday through Friday.

The equipment shall be located at above firm address unless otherwise agreed in writing by Lessor and shall not be removed without the prior consent of Lessor.

Page 1 of 2
Hunter Koike

Terms and Conditions
	a.	Lessee to provide suitable electric outlets of adequate capacity, clean potable water supply suitable for making ice, and suitable floor drain within (6) unobstructed feet of the location of each unit. It is the reponsibility of the LESSEE to properly maintain these services in good working order, including water filtration if necessary, during the entire term of this lease at LESSEE'S expense.
	b.	Lessee to pay the lease payment at the times and manner as outlined in this agreement.
	c.	Lessee to use reasonable care in the operation of said units and to prevent injury, waster, damage to or destruction of said units.
	d.	Lessee to be liable for any and all loss or damage to the equipment, or any part thereof, from the time it is delivered to the premises of LESSEE and as long as it remains in the possession of the LESSEE. LESSEE shall during lease term maintain insurance in a minimum
amount equal to the total price of this contract upon said equipment for the benefit of LESSOR as it assigns, as their respective interests may appear against any loss or damage to the equipment caused by theft, wind, fire and those risks usually included in extended coverage endorsement to fire insurance policies. Evidence of insurance shall be provided by LESSEE upon request by LESSOR.
	a.	Lesee not to move or change the location of said units or to tamper with any of said equipment.
	b.	To permit LESSOR or its agent to enter the premises where said units are installed during normal business hours to maintain, repair, or to view and inspect said units,
	c.	Lessee to indemnify LESSOR against and hold it harmless from any and all claims for injuries to persons (including death) or damage to property resulting from the operation, use and maintenance of said units.
	d.	At the conclusion of the original lease term, this lease will automaticall renew on a month to month basis. After the original term of
the lease has expired, EITHER PARTY agrees to provide 30 days notice of their intent to terminate the lease. Upon termination of the lease, LESSEE agrees to deliver up possession of said units in their original condition, subject to ususal and normal wear.
	a.	Lessee not to assign, transfer, sublet, mortgage, or otherwise encumber this lease or the equipment leased hereby.
	b.	At the conclusion of the original lease term, the base lease amount shall be subject to a 5% escalation and shall continue to be applied to each subsequent year for the duration of the agreement.
	2.	If LESSEE defaults in the performance of any of the terms of this agreement and such default continues for a period of (5) days after written notice has been provided to LESSEE, then LESSOR at its option, may declare the lease payments for the unexpired term of this lease to become
immediately due and payable and/or LESSOR may cancel this lease and hold LESSEE liable for unpaid lease payments together with all damage, loss, and expenses suffered by LESSOR as a result of LESSEE'S default. In the event of LESSEE'S default, LESSOR, or its agents or assigns , may
without legal process and without notice to or any liability therefore, enter into any premises of or under the control of LESSEE and repossess said units.
	2.	If legal proceedings are brought by either party to enforce the terms of this agreement, then the prevailing party shall be entitled to recover reasonable attorney fees, together with all costs, charges and expenses from the non-prevailing party.
	3.	LESSOR guarantees all parts free from defects and normal wear and tear for the duration of the lease.
	4.	LESSOR warrants the installation, maintenance, and repairs of the leased equipment covered under this lease, however, damages that result from water leaks or any other damages resulting from Lessor's installation, maintenance, or repairs of the equipment are limited to $5,000 per occurrence.
	5.	Title to the above described equipment shall at all times hereafter remain in the name of TWC SERVICES, INC. an Iowa Corp., until such time as title is transferred by contract between the parties or operations of law. This is not a Lease Purchase Agreement.
	6.	This instrument, which contains the entire agreement between the parties hereto, shall inure to the benefit of any assignee or transferee of LESSOR.

Lessor:	Lessee:

(Lessor Signature)

(Lessor Printed Name)	(Lessee Printed Name)

(Date)	(Date)
Page 2 of 2

EIGHTH ORDER OF BUSINESS

RIVERS EDGE II COMMUNITY DEVELOPMENT DISTRICT
ST. JOHNS COUNTY, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025
RIVERS EDGE II COMMUNITY DEVELOPMENT DISTRICT ST. JOHNS COUNTY, FLORIDA

TABLE OF CONTENTS

	Page	
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet – Governmental Funds
to the Statement of Net Position	
10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to the Financial Statements	13-22	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – General Fund	
23	
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – Recreation Fund	
24	
Notes to Required Supplementary Information	25	
OTHER INFORMATION		
Data Elements required by FL Statute 218.39 (3) (c)	26	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

27-28	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	

29	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
30-31	
INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Rivers Edge II Community Development District St. Johns County, Florida
Report on the Audit of the Financial Statements
Opinions
We have audited the accompanying financial statements of the governmental activities and each major fund of Rivers Edge II Community Development District, St. Johns County, Florida (the “District”) as of and for the fiscal year ended September 30, 2025, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2025, and the respective changes in financial position thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.
Basis for Opinions
We conducted our audit in accordance with auditing standards generally accepted in the United States of America (GAAS) and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the District and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.
Responsibilities of Management for the Financial Statements
The District’s management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America; and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter.
Auditor’s Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements.
In performing an audit in accordance with GAAS, we:
	•	Exercise professional judgment and maintain professional skepticism throughout the audit.
	•	Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
	•	Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, no such opinion is expressed.
	•	Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.
	•	Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the District’s ability to continue as a going concern for a reasonable period of time.
We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control–related matters that we identified during the audit.
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information Included in the Financial Report
Management is responsible for the other information included in the financial report. The other information comprises the information for compliance with FL Statute 218.39 (3) (c) but does not include the financial statements and our auditor's report thereon. Our opinions on the financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated Xxxx, 2026, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

Xxxx, 2026
MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of Rivers Edge II Community Development District, St. Johns County, Florida (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2025. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.
FINANCIAL HIGHLIGHTS

	•	The assets of the District exceeded its liabilities at the close of the most recent fiscal year resulting in a net position balance of $188,930.

	•	The change in the District’s total net position in comparison with the prior fiscal year was $1,135,983, an increase. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.

	•	At September 30, 2025, the District’s governmental funds reported combined ending fund balances of
$1,776,561, an increase of $278,900 in comparison with the prior fiscal year. The total fund balance is restricted for debt service and capital projects, non-spendable for prepaid items and deposits, assigned to capital reserves and café operations, and the remainder is unassigned fund balance which is available for spending at the District’s discretion.
OVERVIEW OF FINANCIAL STATEMENTS

This discussion and analysis are intended to serve as the introduction to the District’s basic financial statements. The District’s basic financial statements are comprised of three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.

Government-Wide Financial Statements

The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.
The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.

The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.

The government-wide financial statements include all governmental activities that are principally supported by Developer contributions and assessments. The District does not have any business-type activities. The governmental activities of the District include the general government (management), maintenance and recreation functions.
Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements The District has one fund category: governmental funds.
OVERVIEW OF FINANCIAL STATEMENTS (Continued)

Governmental Funds
Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.

Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.

The District maintains four governmental funds for external reporting. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund, recreation fund, debt service fund, and capital projects fund, all of which are considered major funds.

The District adopts an annual appropriated budget for its general and recreation funds. A budgetary comparison schedule has been provided for the general and recreation funds to demonstrate compliance with the budget.
Notes to the Financial Statements
The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.

GOVERNMENT-WIDE FINANCIAL ANALYSIS
As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, assets exceeded liabilities at the close of the most recent fiscal year.

Key components of the District’s net position are reflected in the following table:

NET POSITION
SEPTEMBER 30,			
	2025	2024 (Restated)	
Assets, excluding capital assets	$	1,798,798	$	1,590,951	
Capital assets, net of depreciation	15,094,897	15,519,272	
Total assets	16,893,695	17,110,223	
Liabilities, excluding long-term liabilities	279,892	714,345	
Long-term liabilities	16,424,873	17,342,931	
Total liabilities	16,704,765	18,057,276	
Net Position			
Net investment in capital assets	(1,321,729)	(1,656,052)	
Restricted	867,999	289,892	
Unrestricted	642,660	419,107	
Total net position	$	188,930	$	(947,053)	
GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure) less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.

The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position may be used to meet the District’s other obligations.

The District’s net position increased during the most recent fiscal year. The majority of the increase represents the extent to which program revenues exceeded the cost of operations.
Key elements of the change in net position are reflected in the following table:

CHANGES IN NET POSITION
FOR THE FISCAL YEAR ENDED SEPTEMBER 30,
2025	2024 (Restated)

Revenues:
Program revenues
Charges for services	$	4,114,941	$	2,882,360	
Operating grants and contributions	1,646,483	1,019,934	
Capital grants and contributions	352	-	
General revenues			
Miscellaneous income	54,397	3,974	
Unrestricted investment earnings	8,151	68,208	
Total revenues	5,824,324	3,974,476	
Expenses:			
General government	134,926	106,551	
Physical environment	2,016,232	363,832	
Culture and recreation	1,904,319	3,073,762	
Interest on long-term debt	632,864	667,032	
Total expenses	4,688,341	4,211,177	
Change in net position	1,135,983	(236,701)	
Net position - beginning, as previously stated	(947,053)	(710,352)	
Prior period adjustment	-	(133,318)	
Net position - beginning, as restated	(947,053)	(710,352)	
Net position - ending	$	188,930	$	(947,053)	

As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2025, was $4,688,341. The costs of the District’s activities were primarily funded by program revenues. Program revenues are comprised primarily of Developer contributions, assessments, and café revenues. The remainder of the current fiscal year revenue includes interest revenue and insurance proceeds. The increase in program revenue is a result of the increase in prepaid assessments and Developer contributions as expenses increased. The increase in current fiscal year expenses is primarily the result of an increase in physical environment costs.
GENERAL BUDGETING HIGHLIGHTS

An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. The general fund budget for the fiscal year ended September 30, 2025 was amended to increase revenues by $253,604 and increase appropriations by $180,591. Actual general fund expenditures for the fiscal year ended September 30, 2025 exceeded appropriations by $5,147. The recreation fund budget for the fiscal year ended September 30, 2025 was amended to increase revenues by $274,466 and increase appropriations by $197,254. Actual recreation fund expenditures for the fiscal year ended September 30, 2025 exceeded appropriations by $98,093.

CAPITAL ASSETS AND DEBT ADMINISTRATION
Capital Assets

At September 30, 2025, the District had $18,241,183 invested in capital assets for its governmental activities. In the government-wide financial statements depreciation of $3,146,286 has been taken, which resulted in a net book value of $15,094,897. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

Capital Debt

At September 30, 2025, the District had $14,600,000 Bonds outstanding and a Developer advance outstanding in the amount of $1,746,696 for its governmental activities. More detailed information about the District’s capital debt is presented in the notes of the financial statements.
ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS

Subsequent to fiscal year end, the District issued $4,840,000 of Series 2026 Bonds, consisting of multiple term bonds with due dates ranging from May 1, 2031 - May 1, 2056 and fixed interest rates ranging from 4% to 5.7% The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT

This financial report is designed to provide our citizens, landowners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Rivers Edge II Community Development District’s Finance Department at 475 West Town Place, Suite 114, St. Augustine, Florida, 32092.
RIVERS EDGE II COMMUNITY DEVELOPMENT DISTRICT ST. JOHNS COUNTY, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2025

	Governmental
	Activities		
ASSETS		
Cash	$	419,610	
Investments	90,159	
Assessments receivable	19,664	
Accounts receivable	40,884	
Prepaid items and deposits	102,835	
Restricted assets:		
Investments	1,125,646	
Capital assets:		
Depreciable, net		15,094,897 	
Total assets		16,893,695 	
LIABILITIES		
Accounts payable	21,877	
Due to Developer	360	
Accrued interest payable	257,655	
Non-current liabilities:		
Due within one year	335,000	
Due in more than one year		16,089,873 	
Total liabilities		16,704,765 	
NET POSITION		
Net investment in capital assets	(1,321,729)	
Restricted for debt service	867,999	
Unrestricted		642,660 	
Total net position	 $	188,930 	

See notes to the financial statements
RIVERS EDGE II COMMUNITY DEVELOPMENT DISTRICT ST. JOHNS COUNTY, FLORIDA
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

Charges for

Program Revenues Operating Grants and

Capital Grants and
Net (Expense) Revenue and Changes in Net Position

Governmental
Functions/Programs		Expenses	Services	Contributions	Contributions	Activities	 Primary government:
Governmental activities:
General government
$	134,926
$	134,926	$	-	$	-	-

Physical environment	2,016,232	1,124,361	891,871	352	352	
Culture and recreation	1,904,319	948,019	692,930	-	(263,370)	
Interest on long-term debt		632,864	1,907,635	61,682	-	1,336,453 
Total governmental activities			4,688,341	4,114,941	1,646,483	352	1,073,435  General revenues:

See notes to the financial statements
BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2025

	Major Funds	
Debt	Capital
Total Governmental
General
Recreation
Service	Projects
Funds
ASSETS						
Cash	$	419,610	$	-	$	-	$	-	$	419,610	
Investments	90,159	-	1,117,399	8,247	1,215,805	
Assessments receivable	11,409	-	8,255	-	19,664	
Accounts receivable	40,884	-	-	-	40,884	
Due from other funds	-	40,024	-	-	40,024	
Prepaid items and deposits	102,835	-	-	-	102,835	
Total assets	$	664,897	$	40,024	$ 1,125,654	$	8,247	$ 1,838,822	

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	21,877	$	-	$	-	$	-	$	21,877	
Due to Developer	360	-	-	-	360	
Due to other funds	40,024	-	-	-	40,024	
Total liabilities	62,261	-	-	-	62,261	

Fund balances:
Nonspendable:
Prepaid items and deposits	102,835	-	-	-	102,835	
Restricted for:						
Debt service	-	-	1,125,654	-	1,125,654	
Capital projects	-	-	-	8,247	8,247	
Assigned to:						
Capital reserves	161,191	-	-	-	161,191	
Café operations	-	40,024	-	-	40,024	
Unassigned	338,610	-	-	-	338,610	
Total fund balances	602,636	40,024	1,125,654	8,247	1,776,561	

Total liabilities and fund balances	
$	664,897	
$	40,024	
$ 1,125,654	
$	8,247	
$ 1,838,822	

See notes to the financial statements
RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
FOR SEPTEMBER 30, 2025

Fund balance - governmental funds	$	1,776,561
Amounts reported for governmental activities in the statement of net position are different because:
Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets, net of any accumulated depreciation, in the net position of the government as a whole.
Cost of capital assets	18,241,183
Accumulated depreciation		(3,146,286)   15,094,897
Liabilities not due and payable from current available resources are not reported as liabilities in the governmental fund
statements.	All liabilities, both current and long-term,	are		
reported in the government-wide financial statements.			
Accrued interest payable		(257,655)	
Developer advances		(1,746,696)	
Bonds payable			(14,678,177)	(16,682,528) 	
Net position of governmental activities		$	188,930	

See notes to the financial statements
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

	Major Funds		Total

REVENUES

General

Recreation
Debt Service
Capital Projects
Governmental Funds

Assessments	$ 1,259,287	$	-	1,907,635	$	-	$	3,166,922	
Developer contributions	1,584,801	-	-	-	1,584,801	
Interest	8,151	-	61,682	352	70,185	
Café revenue	-	948,019	-	-	948,019	
Miscellaneous revenues	54,397	-	-	-	54,397	
Total revenues	2,906,636	948,019	1,969,317	352	5,824,324	

EXPENDITURES
Current:
General government	134,926	-	-	-	134,926	
Physical environment	1,649,389	-	-	-	1,649,389	
Culture and recreation	758,139	907,995	-	-	1,666,134	
Debt Service:						
Principal	-	-	1,260,000	-	1,260,000	
Interest	-	-	654,322	-	654,322	
Capital outlay	180,653	-	-	-	180,653	
Total expenditures	2,723,107	907,995	1,914,322	-	5,545,424		

Excess (deficiency) of revenues
over (under) expenditures	183,529	

40,024	

54,995	

352	

278,900		

Fund balances - beginning, as restated	
419,107	
-	
1,070,659	
7,895	
1,497,661	

Fund balances - ending	
$	602,636	
$	40,024	
$ 1,125,654	
$	8,247	
$	1,776,561	

See notes to the financial statements
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025

Net change in fund balances - total governmental funds	$	278,900 Amounts reported for governmental activities in the statement of activities

See notes to the financial statements
NOTES TO FINANCIAL STATEMENTS

NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY

Rivers Edge II Community Development District ("District") was created by Ordinance 2018-26 enacted by the County Commissioners of St. Johns County, Florida effective on June 22, 2018, and established pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue Bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.

The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.
The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected on an at large basis by the owners of the property within the District. Ownership of land within the District entitles the owner to one vote per acre. The Board exercises all powers granted to the District pursuant to Chapter 190, Florida Statutes. At September 30, 2025 three of the Board seats are held by affiliates of Mattamy Jacksonville, LLC (“Developer”).

The Board has the responsibility for:
	1.	Assessing and levying assessments.
	2.	Approving budgets.
	3.	Exercising control over facilities and properties.
	4.	Controlling the use of funds generated by the District.
	5.	Approving the hiring and firing of key personnel.
	6.	Financing improvements.

The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District Board of Supervisors is considered to be financially accountable, and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.
NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements.
The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.
The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment. Operating-type special assessments for maintenance and debt service are treated as charges for services; and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.

Assessments
Assessments are non-ad valorem assessments on certain land and all platted lots within the District. Operation and maintenance assessments are levied each September 1 on property of record as of the previous January. The fiscal year for which annual assessments are levied begins on October 1 with discounts available for payments through February 28 and become delinquent on April 1. For debt service assessments, amounts collected as advance payments are used to prepay a portion of the Bonds outstanding. Otherwise, assessments are collected annually to provide funds for the debt service on the portion of the Bonds which are not paid with prepaid assessments.

Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The District reports the following major governmental funds:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.
Recreation Fund
The recreation fund is a special revenue fund established to account for the financial resources of the District’s café operations which are funded by café revenues.

Debt Service Fund
The debt service fund is used to account for the accumulation of resources for the annual payment of principal and interest on long-term debt.

Capital Projects Fund
This fund accounts for the financial resources to be used for the acquisition or construction of major infrastructure within the District.
As a general rule, the effect of interfund activity has been eliminated from the government-wide financial statements.

When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.

Assets, Liabilities and Net Position or Equity
Restricted Assets
These assets represent cash and investments set aside pursuant to Bond covenants or other contractual restrictions.

Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).
The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section
218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:
	a.	The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Inter-local Cooperation Act;
	b.	Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
	c.	Interest bearing time deposits or savings accounts in qualified public depositories;
	d.	Direct obligations of the U.S. Treasury.
The State Board of Administration’s (“SBA”) Local Government Surplus Funds Trust Fund (“Florida PRIME”) is a “2a-7 like” pool. A “2a-7 like” pool is an external investment pool that is not registered with the Securities and Exchange Commission (“SEC”) as an investment company, but nevertheless has a policy that it will, and does, operate in a manner consistent with the SEC’s Rule 2a-7 of the Investment Company Act of 1940, which comprises the rules governing money market funds. Thus, the pool operates essentially as a money market fund. The District has reported its investment in Florida PRIME at amortized cost for financial reporting purposes.

Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due. In addition, unspent Bond proceeds are required to be held in investments as specified in the Bond Indentures.
The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.
Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.

Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 (amount not rounded) and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.
The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.

Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:
Assets	Years	
Buildings and improvements	30	
Improvements other than buildings	30	
Capital Assets (Continued)
In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the governmental fund financial statements.

Unearned Revenue
Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are reported as an expense in the year incurred.

Long-Term Obligations (Continued)
In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.

Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.

In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.

Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.

The District can establish limitations on the use of fund balance as follows:
Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.
Assigned fund balance – Includes spendable fund balance amounts established by the Board of Supervisors that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.
Fund Equity/Net Position (Continued)
The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.

Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.
Other Disclosures

Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 – BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for the general fund. All annual appropriations lapse at fiscal year-end.
The District follows these procedures in establishing the budgetary data reflected in the financial statements.

	a.	Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
	b.	Public hearings are conducted to obtain public comments.
	c.	Prior to October 1, the budget is legally adopted by the District Board.
	d.	All budget changes must be approved by the District Board.
	e.	The budgets are adopted on a basis consistent with generally accepted accounting principles.
	f.	Unused appropriation for annually budgeted funds lapse at the end of the year.
NOTE 4 – DEPOSITS AND INVESTMENTS

Deposits
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.
The District’s investments were held as follows at September 30, 2025:
Amortized cost	Credit Risk	Maturities

First American Government Obligations Fund - Class Z
$	1,125,646	S&P AAAm	Weighted average of the fund
portfolio: 45 days
US Bank Money Market	23,613	N/A	N/A
Investment in Local Government Surplus Funds Trust Fund (Florida PRIME)
$

66,546	S&P AAAm

1,215,805
Weighted average of the fund portfolio: 47 days

Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.

Concentration risk – The District places no limit on the amount the District may invest in any one issuer.

Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.

However, the Bond Indenture limits the type of investments held using unspent proceeds.
Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.
These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
	•	Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
	•	Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
	•	Level 3: Investments whose inputs are unobservable.
The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.

Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. For external investment pools that qualify to be measured at amortized cost, the pool’s participants should also measure their investments in that external investment pool at amortized cost for financial reporting purposes. Accordingly, the District’s investments have been reported at amortized cost above.
NOTE 4 – DEPOSITS AND INVESTMENTS (Continued)

Investments (Continued)
External Investment Pool – With regard to redemption gates, Chapter 218.409(8)(a), Florida Statutes, states that “The principal, and any part thereof, of each account constituting the trust fund is subject to payment at any time from the moneys in the trust fund. However, the Executive Director may, in good faith, on the occurrence of an event that has a material impact on liquidity or operations of the trust fund, for 48 hours limit contributions to or withdrawals from the trust fund to ensure that the Board can invest moneys entrusted to it in exercising its fiduciary responsibility. Such action must be immediately disclosed to all participants, the Trustees, the Joint Legislative Auditing Committee, the Investment Advisory Council, and the Participant Local Government Advisory Council. The Trustees shall convene an emergency meeting as soon as practicable from the time the Executive Director has instituted such measures and review the necessity of those measures. If the Trustees are unable to convene an emergency meeting before the expiration of the 48-hour moratorium on contributions and withdrawals, the moratorium may be extended by the Executive Director until the Trustees are able to meet to review the necessity for the moratorium. If the Trustees agree with such measures, the Trustees shall vote to continue the measures for up to an additional 15 days. The Trustees must convene and vote to continue any such measures before the expiration of the time limit set, but in no case may the time limit set by the Trustees exceed 15 days.” With regard to liquidity fees, Florida Statute 218.409(4) provides authority for the SBA to impose penalties for early withdrawal, subject to disclosure in the enrollment materials of the amount and purpose of such fees. At present, no such disclosure has been made.
As of September 30, 2025, there were no redemption fees or maximum transaction amounts, or any other requirements that serve to limit a participant’s daily access to 100% of their account value.

NOTE 5 – INTERFUND RECEIVABLES AND PAYABLES
Interfund receivables and payables at September 30, 2025 were as follows:

 Fund	Receivable	Payable	
General
$	-	$
40,024
Special revenue		40,024	-	
Total	 $	40,024  $	40,024 
The outstanding balances between funds result primarily from the time lag between the dates that transactions are recorded in the accounting system and payments between funds are made. In the case of the District, the balances between the general fund and the special revenue fund relate to café profits earned in the current year that have not been transferred to the special revenue fund as of September 30, 2025.

NOTE 6 – CAPITAL ASSETS

Capital asset activity for the fiscal year ended September 30, 2025, was as follows:
Beginning

Ending
Balance
Additions	Reductions
Balance
Governmental activities
Capital assets, being depreciated					
Buildings and improvements	$	7,145,562	$	-	$	-	$	7,145,562	
Improvements other than buildings	10,914,968	180,653		11,095,621	
Total capital assets, being depreciated	18,060,530	180,653	-	18,241,183	

Less accumulated depreciation for: Buildings and improvements	

1,468,285	

238,185		

1,706,470	
Improvements other than buildings	1,072,973	366,843	-	1,439,816	
Total accumulated depreciation	2,541,258	605,028	-	3,146,286		

Total capital assets, being depreciated, net	
15,519,272	
(424,375)	
-	15,094,897		

Governmental activities capital assets, net	
$	15,519,272	
$	(424,375)	
$	-	$	15,094,897		
NOTE 6 – CAPITAL ASSETS (Continued)

Depreciation expense was charged to function/programs as follows:

Physical environment	$	366,843	
Culture and recreation		238,185 	
Total depreciation expense	 $	605,028 	

NOTE 7 – LONG-TERM LIABILITIES

Series 2020
On May 22, 2020, the District issued $7,165,000 of Capital Improvement Revenue Bonds, Series 2020 consisting of multiple term bonds with due dates ranging from May 1, 2025, to May 1, 2050, and fixed interest rates ranging from 4% to 5.15%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2021, through May 1, 2050.

The Series 2020 Bonds are subject to optional redemption, mandatory sinking fund and extraordinary mandatory redemption at the times, in the amounts, and the redemption prices more fully described in the Redemption Provision as outlined in the Bond Indenture. This occurred during the current fiscal year as the District prepaid $25,000 of the Series 2020 Bonds. In addition, see Note – 14 Subsequent Events for extraordinary redemption amounts subsequent to fiscal year end.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the debt service reserve requirement at September 30, 2025.

Series 2021
On April 23, 2021, the District issued $9,900,000 of Capital Improvement Revenue Bonds, Series 2021 consisting of multiple term bonds with due dates ranging from May 1, 2026, to May 1, 2051, and fixed interest rates ranging from 2.4% to 4%. The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District. Interest is to be paid semiannually on each May 1 and November
1. Principal on the Bonds is to be paid serially commencing May 1, 2022, through May 1, 2051.
The Series 2021 Bonds are subject to optional redemption, mandatory sinking fund and extraordinary mandatory redemption at the times, in the amounts, and the redemption prices more fully described in the Redemption Provision as outlined in the Bond Indenture. This occurred during the current fiscal year as the District prepaid $910,000 of the Series 2021 Bonds. In addition, see Note – 14 Subsequent Events for extraordinary redemption amounts subsequent to fiscal year end.

The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the debt service reserve requirement at September 30, 2025.

Direct Borrowings
In March 2023, the District entered into an acquisition agreement with the Developer. The District acquired infrastructure improvements in which the outstanding balance as of September 30, 2025, is $1,746,696. The balance will be paid in the future from available bond proceeds.
NOTE 7 – LONG-TERM LIABILITIES (Continued)

Long-term Debt Activity
Changes in long-term liability activity for the fiscal year ended September 30, 2025, were as follows:

	Beginning
Balance	
Additions	
Reductions	Ending
Balance	Due Within
One Year	
Governmental activities						
Bonds payable:						
Series 2020	$	6,600,000	$	-	$	155,000	$	6,445,000	$	135,000	
Series 2021	9,260,000	-	1,105,000	8,155,000	200,000	
Plus: original issue premium	81,235	-	3,058	78,177	-	
Direct borrowings:						
Developer advances	1,746,696	-	-	1,746,696	-	
Total	$  17,687,931	$	-	$	1,263,058	$  16,424,873	$	335,000	

At September 30, 2025, the scheduled debt service requirements on the Bonds payable were as follows:
Year ending
	Governmental Activities	
  September 30:	Principal	Interest	Total	
2026	$	335,000	$	618,372	$	953,372	
2027	350,000	607,768	957,768	
2028	360,000	595,382	955,382	
2029	370,000	582,632	952,632	
2030	385,000	569,518	954,518	
2031-2035	2,170,000	2,613,132	4,783,132	
2036-2040	2,680,000	2,127,191	4,807,191	
2041-2045	3,310,000	1,505,464	4,815,464	
2046-2050	4,155,000	682,388	4,837,388	
2051		485,000	19,400	504,400 			
Total	 $	14,600,000	$	9,921,247	$ 24,521,247 			

NOTE 8 – DEVELOPER TRANSACTIONS

The Developer has agreed to fund the general operations of the District. In connection with that agreement, Developer contributions to the general fund were $1,584,801.
The Developer owns a portion of land within the District; therefore, assessment revenues in the general and debt service funds include the assessments levied on those lots owned by the Developer.

NOTE 9 – CONCENTRATION
The District’s activity is dependent upon the continued involvement of the Developer, the loss of which could have a material adverse effect on the District’s operations.

NOTE 10 – MANAGEMENT COMPANY
The District has contracted with a management company to perform management advisory services, which include financial and accounting services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

NOTE 11 – RISK MANAGEMENT
The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims during the past three years.
NOTE 12 – COST SHARE AGREEMENT

In November 2019, the District entered into an interlocal cost share agreement with Rivers Edge Community Development District (“Rivers Edge”) and Rivers Edge III Community Development District (“Rivers Edge III”). In accordance with the agreement, all three Districts are to share in certain grounds maintenance and amenity operating costs as well as provide for the joint use of amenity facilities. For the fiscal year ended September 30, 2025, the District recognized $890,101 of expenses associated with the cost share agreement.

NOTE 13 – PRIOR PERIOD ADJUSTMENT
During the current fiscal year the District recognized a prior period adjustment in order to write off a receivable for $133,318 that was related to café operations. The effect of the prior period adjustment on the beginning net position and fund balance were as follows:

	General fund	Government-wide 
Net position/fund balance - beginning, as previously stated	$
552,425 $
(813,735)
Restatement to write off receivable		(133,318)	(133,318)
Net position/fund balance - beginning, restated	 $	419,107  $	(947,053)

NOTE 14 – SUBSEQUENT EVENTS
Bond Payments
Subsequent to fiscal year end, the District prepaid a total of $5,000 for the Series 2020 Bonds and $755,000 for the Series 2021 Bonds. The prepayments were considered extraordinary mandatory redemptions as outlined in the Bond Indenture.

Bond Issuance
Subsequent to fiscal year end, the District issued $4,840,000 of Series 2026 Bonds, consisting of multiple term bonds with due dates ranging from May 1, 2031 - May 1, 2056 and fixed interest rates ranging from 4% to 5.7% The Bonds were issued to finance the acquisition and construction of certain improvements for the benefit of the District.

Variance with Final Budget -
		Budgeted Amounts		Actual	Positive						
	Original	Final	Amounts	(Negative)					
REVENUES									
Assessments	$	1,241,149	$	1,259,287	$	1,259,287	$	-	
Developer contributions	1,286,220	1,470,785	1,584,801	114,016					
Interest	5,000	6,504	8,151	1,647					
Miscellaneous income	5,000	54,397	54,397	-					
Total revenues	2,537,369	2,790,973	2,906,636	115,663					

EXPENDITURES									
Current:									
General government	131,079	147,721	134,926	12,795					
Physical environment	1,503,777	1,591,002	1,649,389	(58,387)					
Culture and recreation	777,513	854,237	758,139	96,098					
Capital outlay	125,000	125,000	180,653	(55,653)					
Total expenditures	2,537,369	2,717,960	2,723,107	(5,147)					

Excess (deficiency) of revenues									
over (under) expenditures	 $	-	$	73,013 	183,529	 $	110,516 						
Fund balance - beginning, as restated				419,107 						
Fund balance - ending			 $	602,636 						

See notes to required supplementary information

	

		Budgeted Amounts	 Original	Final	

Actual Amounts	Variance with Final Budget - Positive
(Negative)	
REVENUES
Café revenue	
$	673,553	$	948,019	
$	948,019	
$	-	
Total revenues	673,553	948,019	948,019	-	

EXPENDITURES
Current:
Culture and recreation	612,648	809,902	907,995	(98,093)	
Total expenditures	612,648	809,902	907,995	(98,093)	

Excess (deficiency) of revenues over (under) expenditures	

 $	60,905	$	138,117 	

40,024  $	(98,093)			
Fund balance - beginning			-				
Fund balance - ending		 $	40,024 			

See notes to required supplementary information

The District is required to establish a budgetary system and an approved Annual Budget for the general and special revenue funds. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).

The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. The general fund budget for the fiscal year ended September 30, 2025 was amended to increase revenues by $253,604 and increase appropriations by $180,591. Actual general fund expenditures for the fiscal year ended September 30, 2025 exceeded appropriations by $5,147. The recreation fund budget for the fiscal year ended September 30, 2025 was amended to increase revenues by
$274,466 and increase appropriations by $197,254. Actual recreation fund expenditures for the fiscal year ended September 30, 2025 exceeded appropriations by $98,093.
REQUIRED BY FL STATUTE 218.39(3)(C)
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025 UNAUDITED

Element	Comments
Number of District employees compensated in the last pay period of the District’s fiscal year being reported.	
2	
Number of independent contractors compensated to whom nonemployee compensation was paid in the last month of the District’s fiscal year being
reported.	
30	
Employee compensation	$5,000	
Independent contractor compensation	$2,711,416	
Construction projects to begin on or after October 1; ($65K)	None	

Budget variance report	See the Schedule of Revenues, Expenditures and Changes in Fund Balance - Budget and Actual - General Fund	
Ad Valorem taxes;	Not applicable	
		
Non ad valorem special assessments;		
Special assessment rate	Operations and maintenance - $977.05 & $2,265.87

Debt service:
Series 2020: $695.83 & $1,703.59 Series 2021: $695.58 & $1,103.50	
Special assessments collected	$3,166,922	
Outstanding Bonds:		
Series 2020, due May 1, 2050	$6,445,000	
Series 2021, due May 1, 2051	$8,155,000	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Rivers Edge II Community Development District St. Johns County, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Rivers Edge II Community Development District, St. Johns County, Florida (the “District”) as of and for the fiscal year ended September 30, 2025, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated Xxxx, 2026.
Report on Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified.
Report on Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

Xxxx, 2026
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

To the Board of Supervisors
Rivers Edge II Community Development District St. Johns County, Florida

We have examined Rivers Edge II Community Development District, St. Johns County, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida during the fiscal year ended September 30, 2025. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.

We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements relating to the examination engagement.
In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2025.
This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Board of Supervisors of Rivers Edge II Community Development District, St. Johns County, Florida and is not intended to be and should not be used by anyone other than these specified parties

Xxxx, 2026

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA

To the Board of Supervisors
Rivers Edge II Community Development District St. Johns County, Florida
Report on the Financial Statements

We have audited the accompanying basic financial statements of Rivers Edge II Community Development District ("District") as of and for the fiscal year ended September 30, 2025, and have issued our report thereon dated Xxxx, 2026.
Auditor’s Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.
Other Reporting Requirements

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated Xxxx, 2026, should be considered in conjunction with this management letter.

Purpose of this Letter
The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:
	I.	Current year findings and recommendations.
	II.	Status of prior year findings and recommendations.
	III.	Compliance with the Provisions of the Auditor General of the State of Florida.

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Rivers Edge II Community Development District, St. Johns County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Rivers Edge II Community Development District, St. Johns County, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements, and the courtesies extended to us.

Xxxx, 2026
REPORT TO MANAGEMENT

	I.	CURRENT YEAR FINDINGS AND RECOMMENDATIONS
None

	I.	PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None

	I.	COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

	1.	A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.

There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2024.
	1.	Any recommendations to improve the local governmental entity's financial management.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2025.
	1.	Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material, but which warrants the attention of those charged with governance.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2025.

	1.	The name or official title and legal authority of the District are disclosed in the notes to the financial statements.
	2.	The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.

	1.	We applied financial condition assessment procedures and no deteriorating financial conditions were noted. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

	1.	Management has provided the specific information required by Section 218.39(3)(c) in the Other Information section of the financial statements on page 26.

NINTH ORDER OF BUSINESS

Rivers Edge II

Community Development District

Approved Budget
FY 2027

Presented by:
Table of Contents

1-2

3-7

8-9

10-11

12-13

14
	General Fund

	Narratives

	Debt Service Fund Series 2020

	Debt Service Fund Series 2021

	Debt Service Fund Series 2026

	Capital Reserve Fund

15		Assessment Schedule

REVENUES:						
Special Assessments - Tax Roll	$	1,266,432	$	1,633,601	$	5,025	$	1,638,627	$	2,133,582	
Special Assessments - Direct Bill	185,789	37,998	-	37,998	44,246	
Administrative Assessments on Unplatted Land	60,606	-	-	-	-	
Developer Contributions	996,043	-	774,994	774,994	550,026	
Cost Share Amenity Rivers Edge III	-	-	-	-	44,524	
Café Gross Sales	554,106	447,297	498,812	946,109	813,897	
Miscellaneous Income	1,500	1,224	500	1,724	1,500	
Special Events	3,500	-	250	250	1,750	
Interest	5,000	10,254	2,500	12,754	5,000	
TOTAL REVENUES	$ 3,072,977	$ 2,130,375	$ 1,282,082	$ 3,412,457	$ 3,594,525	

EXPENDITURES:						
Administrative						
Supervisor Fees	$	4,800	$	2,200	$	2,500	$	4,700	$	9,600	
FICA Taxes	367	168	191	360	734	
District Engineering	15,000	12,618	10,000	22,618	25,000	
District Counsel	35,000	16,555	18,445	35,000	40,000	
District Management	41,292	24,087	17,205	41,292	43,700	
Assessment Roll Administration	5,899	5,899	-	5,899	6,250	
Dissemination Agent	5,899	3,841	2,058	5,899	6,700	
Information Technology	2,124	1,239	885	2,124	2,250	
Website Administration	1,416	826	590	1,416	1,500	
Annual Audit	5,500	-	5,500	5,500	6,700	
Trustee Fees	11,000	5,000	6,000	11,000	11,000	
Arbitrage Rebate	1,200	1,800	600	2,400	1,500	
Telephone	200	22	178	200	200	
Postage & Deleivery	1,000	650	350	1,000	1,000	
Printing & Binding	250	183	67	250	250	
Insurance General Liability	8,713	8,210	-	8,210	9,031	
Legal Advertising	3,500	470	3,030	3,500	3,500	
Other Current Charges	1,750	712	1,038	1,750	1,750	
Office Supplies	150	5	145	150	150	
Dues, Licenses & Subscriptions	175	175	-	175	175	
TOTAL ADMINISTRATIVE	$	145,235	$	84,660	$	68,782	$	153,442	$	170,990	

Operations & Maintenance						
Grounds Maintenance						
Cost Share Landscaping - Rivers Edge	$	313,604	$	182,936	$	130,668	$	313,604	$	405,372	
Cost Share Landscaping - Rivers Edge III	186,679	108,896	77,783	186,679	74,126	
Field Operations Management (Vesta)	41,230	24,051	17,179	41,230	43,294	
Landscape Maintenance	429,489	255,921	173,569	429,489	468,143	
Lake Maintenance	28,000	19,017	8,983	28,000	37,936	
Landscape Contingency	80,000	135,759	25,000	160,759	100,000	
Irrigation Repairs and Replacement	40,000	16,005	17,000	33,005	40,000	
Irrigation Water Use	70,000	24,812	24,000	48,812	45,000	
Streetlighting	28,000	12,788	14,000	26,788	26,815	
TOTAL GROUNDS MAINTENANCE	$ 1,217,002	$	780,184	$	488,182	$ 1,268,365	$ 1,240,686	

Amenity Center - River Club						
Cost Share Amenity - Rivers Edge	$	2,365	$	1,380	$	986	$	2,365	$	-	
General Manager (Vesta)	48,911	29,557	19,354	48,911	51,354	
Amenity Manager (Vesta)	56,504	32,960	23,543	56,504	59,579	
Maintenance Service (Vesta)	109,264	63,737	45,527	109,264	115,761	
Lifestyle Director (Vesta)	45,426	26,499	18,928	45,426	47,792	
Guest Services (Vesta)	97,381	56,805	40,575	97,381	104,154	
Security Monitoring	5,000	720	4,280	5,000	5,000	
Cable	14,040	7,068	6,169	13,237	12,709	
Insurance	79,689	72,785	-	72,785	69,146	
Pool Chemicals (Poolsure)	15,000	8,293	6,707	15,000	16,500	
Janitorial Services (Vesta)	34,833	20,319	14,514	34,833	36,904	
Access Cards	3,500	-	3,500	3,500	3,500	
Window Cleaning	1,000	-	1,000	1,000	1,000	
Pressure Washing	2,500	650	1,850	2,500	2,500	
Natural Gas	5,000	3,319	1,681	5,000	5,400	
Electric	29,950	14,745	15,204	29,950	30,000	
Water & Sewer	18,395	7,258	11,137	18,395	19,383	
Repair and Replacements	90,000	43,000	47,000	90,000	90,000	
Refuse	26,000	9,824	10,000	19,824	21,600	
Pest Control	1,920	1,563	357	1,920	1,920	
License & Permits	1,000	-	1,000	1,000	1,000	
Other Current	500	-	500	500	500	
Special Events	30,000	19,745	10,255	30,000	30,000	
Holiday Decorations	35,000	-	35,000	35,000	35,000	
Office Supplies & Postage	750	-	750	750	750	
Contingency	2,706	-	2,706	2,706	7,500	
TOTAL AMENITY CENTER - RIVER CLUB	$	756,634	$	420,229	$	322,521	$	742,750	$	768,951	

Café Operations						
Café-Cost of Goods Sold	$	256,008	$	165,108	$	185,000	$	350,108	$	325,000	
Café-Labor	258,058	216,496	180,000	396,496	440,000	
Café-Bank Fees	24,215	17,370	15,000	32,370	33,000	
Other Expenses related to Café Operations	2,729	-	2,729	2,729	2,800	
Café Management	13,097	42,697	23,500	66,197	13,097	
TOTAL CAFÉ OPERATIONS	$	554,106	$	441,670	$	406,229	$	847,899	$	813,897	

Reserves						
General Reserves	$	400,000	$	-	$	400,000	$	400,000	$	600,000	
TOTAL RESERVES	$	400,000	$	-	$	400,000	$	400,000	$	600,000	
						
TOTAL EXPENDITURES	$ 3,072,977	$ 1,726,743	$ 1,685,713	$ 3,412,457	$ 3,594,525	
						
EXCESS REVENUES (EXPENDITURES)	$	-	$	403,632	$  (403,632)	$	-	$	-	

Special Assessments - Tax Roll
The District will levy a non ad-valorem special assessment on all taxable property within the District to fund a portion of the General Operating Expenditures for the fiscal year. These are collected on the St. Johns County Tax Roll for platted lands. Unplatted lands are direct billed to the landowner.
Special Assessments - Direct Bill
The District will levy non ad-valorem special assessments on unplatted lands within the District, allocated based on the percentage of such undeveloped units planned relative to the budgeted General Administrative costs of the District.
Developer Contributions
The District will enter into a Funding Agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.
Cost Share Amenity Rivers Edge III
Mattamy Rivertown LLC and Rivers Edge CDD III have an agreement to share a portion of the maintenance costs for amenities. The cost share is based on future development and estimated costs.
Café Gross Sales
Gross sales revenue from Café operations.
Miscellaneous Income
Income received from access cards, rental fees, miscellaneous deposits, insurance claims, and the recreational program revenue.
Interest
The District's funds are invested with the State Board of Administration and in a U.S. Bank money market fund, earning interest based on the estimated balance held throughout the year.
Special Events
Income received from residents for rental of clubroom or patio and special events deposits.

Supervisors Fees
Chapter 190 of the Florida Statutes allows for members of the Board of Supervisors to be compensated $200 per meeting they attend.

FICA Taxes
Payroll taxes on Board of Supervisors' compensation. The budgeted amount for the fiscal year is calculated at 7.65% of the total Board of Supervisors' payroll expenditures.
District Engineering
The District's engineer, Prime AE Group, Inc., will provide general engineering services to the District, i.e., attendance and preparation for monthly board meetings, review of invoices, and other specifically requested assignments.
District Counsel
The District's Attorney, Kilinski Van Wyk, PLLC, will provide general legal services to the District, i.e., attendance and preparation for monthly Board meetings, review of contracts, review of agreements and resolutions, and other research as directed by the Board of Supervisors and the District Manager.
District Management
The District receives Management, Accounting, and Administrative services as part of a Management Agreement with Governmental Management Services, LLC. The budgeted amount for the fiscal year is based on the contracted fees outlined in Exhibit "A" of the Management Agreement.
Assessment Roll Administration
GMS, LLC provides assessment services for closing lot sales, assessment roll services with the local Tax Collector, and financial advisory services.
Dissemination Agent
The District is required by the Securities and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues.
Vendor
GMS
Disclosure Services
Description
Dissemination Agent
Revised Amortization Schedules
Monthly	Annual
$	492 $	5,900
	800 
Total	$	6,700
Information Technology
Costs related to the District's information systems, including video conferencing, cloud storage and servers, security, and accounting software.
Website Administration
Costs of monitoring and maintaining the District's website in accordance with Chapter 189, Florida Statutes, including site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, and website backups.

Annual Audit
The District is required to conduct an annual audit of its financial records by an Independent Certified Public Accounting Firm. The District has contracted with Grau & Associates to conduct this annual audit, with the budgeted amount representing the estimated cost.

Trustee Fees
The District bonds will be held and administered by a Trustee. This represents the trustee annual fee.
Arbitrage Rebate
The District is required to have an annual arbitrage rebate calculation performed on its Series 2020 and 2021 Special Assessment Improvement Revenue Bonds. Grau and Associates calculates the rebate for Series 2020, and American Municipal Tax-Exempt Compliance Corp. (AMTEC) serves as the District's tax compliance agent for Series 2021. Each firm calculates the rebate liability and submits a report to the District.

Telephone
Internet and Wi-Fi service for the office.
Postage and Delivery
Actual postage and/or freight used for District mailings including agenda packages, vendor checks and other correspondence.

Printing and Binding
Copies used in the preparation of agenda packages, required mailings, and other special projects.
Insurance General Liability
The District's General Liability & Public Officials Liability Insurance policy is with a qualified entity that specializes in providing insurance coverage to governmental agencies. The amount is based upon estimated premiums.
Legal Advertising
The District is required to advertise various notices for monthly Board meetings and other public hearings in a newspaper of general circulation.
Other Current Charges
This includes monthly bank charges, BOS email annual subscriptions, and any other miscellaneous expenses incurred during the year.
Office Supplies
Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects.
Dues, Licenses & Subscriptions
The District is required to pay an annual fee to the Florida Department of Commerce for $175.

Cost Share Landscaping - Rivers Edge
Shared costs with Rivers Edge CDD for landscaping. Cost share is based on future development and estimated costs.
Cost Share Landscaping - Rivers Edge III
Shared costs with Rivers Edge CDD for landscaping. Cost share is based on future development and estimated costs.
Field Operations Management
The District has contracted with Vesta Property Services, Inc. to provide field operations management to oversee the day-to-day operations of all the District's assets, common grounds, and service providers.
Vendor	Description	Monthly	Annual
Vesta	Field OP Management	$	3,608  $	43,294
Landscape Maintenance
The District contracted with Yellowstone to maintain the common areas of the District and Amenity Center.
Vendor	Description	Monthly	Annual

Lake Maintenance
Yellowstone	Landscape Maintenance  $
39,012  $
468,143
The District receives lake maintenance services from Solitude Lake Management LLC.

Vendor	Description		Monthly	Annual	
Solitude Lake Management	Lake Maintenance	$	2,569	$	30,833	
Solitude Lake Management	Fountain Maintenance			2,103	
	Contingency			5,000	
	Total			$	37,936	
Landscape Contingency
A provision for additional landscape features or for repair of existing landscaping.
Irrigation Repair & Replacement
The cost of miscellaneous irrigation repairs and maintenance incurred.

Irrigation Water Use
Water and re-use water needed for irrigation and maintenance of the common grounds provided by JEA.
Location	Meter	Monthly	Annual	
114 Mistflower Dr	94647734	110	1,320	
41 Keystone Corners BV	86131615	1,313	15,752	
233 Shinnecock Drive	514064548	177	2,129	
98 Shinnecock Drive	87743236	972	11,664	
380 SHINNECOCK DR APT IR01	41263874	92	1,099	
29 Mistflower Drive	89241080	32	385	
907 Keystone Corners BV Apt IR01	98557860	119	1,427	
627 Keystone Corners BV APT IR01	86131621	212	2,547	
245 CRAFTON CR APT IR01	514064545	10	116	
Contingency			8,561	
	Total	$	3,037	$	45,000	

Streetlighting
Estimated costs for electric billed to the District by FPL.
Location	Meter	Monthly	Annual	
156 Riverglade Run	9420049059	$	36	$	431	
154 Riverglade Run	6707560121	31	372	
53 Mistflower Dr #FNTN	4743506067	1,172	14,069	
233 SHINNECOCK DR #IRR	0162048490	29	343	
106 Keystone Corners Blvd #LTG	7652214334	84	1,011	
27 Keystone Corners Blvd #ENTRY	9019709360	466	5,590	
Contingency			5,000	
	Total	$	1,818	$	26,815	

General Manager
The District has contracted with Vesta Property Services, Inc. to provide general amenity management, facility administration, and special event coordination at the Amenity Center.
Vendor	Description	Monthly	Annual

Amenity Manager
Vesta	General Manager
$	4,280  $
51,354
The District has contracted with Vesta Property Services to provide management services for the Amenity Center.
Maintenance Services
The District has contracted with Vesta Property Services, Inc. to provide maintenance and repairs necessary for the upkeep of the Amenity Center and common grounds area.
Vendor	Description	Monthly	Annual

Lifestyle Director
Vesta	Maintenance Services	$
9,647  $
115,761
The District has contracted with Vesta Property Services, Inc. to provide planning, implementation, and supervision of the day-to-day social and recreational group activities and entertainment for the residents living at the community.
Guest Services
The District has contracted with Vesta to provide community facility staff for the Amenity Center to greet patrons, provide facility tours, issue access cards, and enforce policies.
Security Monitoring
Maintenance costs of the security alarms/cameras.

Cable
Represents the estimated cost of cable television services provided by Comcast Business for the Amenity Center and District Office.
Vendor	Description	Monthly	Annual
Comcast	Amenity Center
$	397  $
4,764
Comcast	Office	662 	7,945 

Insurance
Total
$	12,709
The District's General Liability and Public Officials Liability Insurance policy is with Florida Insurance Alliance (FIA). The amount is based on estimated premiums for property insurance related to the Amenity Center and other District facilities.

Pool Chemicals
The District has contracted with Poolsure to provide chemicals for the Amenity Center swimming pools.
Vendor	Description	Monthly	Annual

Janitorial Services
Poolsure	Pool Chemicals
$	1,375  $
16,500
The District has contracted with Vesta Property Services, Inc. to provide janitorial cleaning for the Amenity Center.
Vendor	Description	Monthly	Annual

Access Cards
Vesta	Janitorial Services
$	3,075  $
36,904
Represents the estimated cost for access cards to the District’s Amenity Center.
Window Cleaning
The District will have windows cleaned inside and outside three times a year.
Pressure Washing
Estimated costs to have the District Amenity Center pressure washed.
Natural Gas
The District is under contract with TECO Peoples Gas to provide service for the gas fireplace and gas grills.
Vendor	Description	Monthly	Annual

Electric
TECO	Propane Gas
$	450  $
5,400
Estimated costs for electric billed to the District by FPL.
Location	Meter	Monthly	Annual
160 Riverglade Run	5975385542
$	2,333  $
28,000
Contingency		-	2,000 

Water & Sewer
Total
$	2,333  $
30,000
Estimated costs for water and sewer for the amenity center billed to the District by JEA.
Location	Meter	Monthly	Annual	
160 Riverglade Run-Swimming Pool	84087156	$	111	$	1,326	
160 Riverglade Run-Sewer	84087139	552	6,625	
160 Riverglade Run-Water	84087139	251	3,009	
298 Riverglade Run	83547180	119	1,422	
Contingency		-	7,000 

Repairs and Replacements
Total
$	1,032  $
19,383
Represents regular cleaning, supplies, and repairs and replacements for District’s Amenity Center.
Refuse
Cost of garbage disposal services for the District's Amenity Center provided by Republic Services, including one 8-cubic-yard waste container with two pickups per week.
Vendor	Description	Monthly	Annual
Republic Services	Refuse
$	1,800  $
21,600

Pest Control
The District is contracted with Turner’s Pest Control to provide pest control services.
License & Permits
Represents license fees for the amenity center and permit fees paid to the Florida Department of Health in St. Johns County for the swimming pools.
Other Current
Represents the miscellaneous costs incurred by the District's Amenity Center.
Special Events
Represents estimated costs for the District to host special events for the community through the Fiscal Year.
Holiday Decorations
Represents estimated costs for the District to decorate the Amenity Center for the holidays.
Office Supplies & Postage
Costs of supplies and postage incurred for the operation of the Amenity Center.
Contingency
Estimated costs for future unexpected costs incurred by the District.

Cost of Goods Sold ("COGS")
Food and beverage costs along with supply incidentals.
Labor
Staffing costs for Vesta personnel for Café operations.
Bank Fees
Bank and credit card processing charges related to the Café sales.
Other Expenses related to Café Operations
Represents the miscellaneous costs incurred by the Café.
Café Management
Represents management services for the Café.

General Reserves
Establishment of general reserves to fund future replacements of capital items.
Approved Budget
Debt Service Series 2020 Capital Improvement Revenue Bonds

REVENUES:

Special Assessments - Tax Roll	$	462,928	$	457,011	$	1,406	$	458,417	$	458,417	
Interest Earnings	5,000	14,283	3,000	17,283	5,000	
Carry Forward Surplus (1)	346,655	651,782	-	651,782	662,259	
TOTAL REVENUES	$	814,583	$ 1,123,076	$	4,406	$  1,127,482	$ 1,125,676	

EXPENDITURES:						
Interest - 11/1	$	160,111	$	160,111	$	-	$	160,111	$	156,958	
Principal Prepayment - 11/1	-	5,000	-	5,000	-	
Interest - 5/1	160,111	-	160,111	160,111	156,958	
Principal - 5/1	135,000	-	135,000	135,000	145,000	
Principal Prepayment - 5/1	-	-	5,000	5,000	-	
TOTAL EXPENDITURES	$	455,223	$	165,111	$	300,111	$	465,223	$	458,915	

Other Sources/(Uses)						

Interfund transfer In/(Out)	
$	-	
$	-	
$	-	
$	-	
$	-	
TOTAL OTHER SOURCES/(USES)	$	-	$	-	$	-	$	-	$	-	
						
TOTAL EXPENDITURES	$	455,223	$	165,111	$	300,111	$	465,223	$	458,915	
						
EXCESS REVENUES (EXPENDITURES)	$	359,361	$	957,965	$  (295,705)	$	662,259	$	666,761	

(1) Carry Forward is Net of Reserve Requirement
Interest Due 11/1/27
 $	153,840 
AMORTIZATION SCHEDULE
Debt Service Series 2020 Capital Improvement Revenue Bonds

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	
						
11/01/26	6,300,000			156,957.50	156,957.50	
05/01/27	6,300,000	4.300%	145,000	156,957.50		
11/01/27	6,155,000			153,840.00	455,797.50	
05/01/28	6,155,000	4.300%	150,000	153,840.00		
11/01/28	6,005,000			150,615.00	454,455.00	
05/01/29	6,005,000	4.300%	155,000	150,615.00		
11/01/29	5,850,000			147,282.50	452,897.50	
05/01/30	5,850,000	4.300%	160,000	147,282.50		
11/01/30	5,690,000			143,842.50	451,125.00	
05/01/31	5,690,000	4.900%	170,000	143,842.50		
11/01/31	5,520,000			139,677.50	453,520.00	
05/01/32	5,520,000	4.900%	180,000	139,677.50		
11/01/32	5,340,000			135,267.50	454,945.00	
05/01/33	5,340,000	4.900%	190,000	135,267.50		
11/01/33	5,150,000			130,612.50	455,880.00	
05/01/34	5,150,000	4.900%	195,000	130,612.50		
11/01/34	4,955,000			125,835.00	451,447.50	
05/01/35	4,955,000	4.900%	205,000	125,835.00		
11/01/35	4,750,000			120,812.50	451,647.50	
05/01/36	4,750,000	4.900%	215,000	120,812.50		
11/01/36	4,535,000			115,545.00	451,357.50	
05/01/37	4,535,000	4.900%	230,000	115,545.00		
11/01/37	4,305,000			109,910.00	455,455.00	
05/01/38	4,305,000	4.900%	240,000	109,910.00		
11/01/38	4,065,000			104,030.00	453,940.00	
05/01/39	4,065,000	4.900%	250,000	104,030.00		
11/01/39	3,815,000			97,905.00	451,935.00	
05/01/40	3,815,000	4.900%	265,000	97,905.00		
11/01/40	3,550,000			91,412.50	454,317.50	
05/01/41	3,550,000	5.150%	280,000	91,412.50		
11/01/41	3,270,000			84,202.50	455,615.00	
05/01/42	3,270,000	5.150%	295,000	84,202.50		
11/01/42	2,975,000			76,606.25	455,808.75	
05/01/43	2,975,000	5.150%	310,000	76,606.25		
11/01/43	2,665,000			68,623.75	455,230.00	
05/01/44	2,665,000	5.150%	325,000	68,623.75		
11/01/44	2,340,000			60,255.00	453,878.75	
05/01/45	2,340,000	5.150%	340,000	60,255.00		
11/01/45	2,000,000			51,500.00	451,755.00	
05/01/46	2,000,000	5.150%	360,000	51,500.00		
11/01/46	1,640,000			42,230.00	453,730.00	
05/01/47	1,640,000	5.150%	380,000	42,230.00		
11/01/47	1,260,000			32,445.00	454,675.00	
05/01/48	1,260,000	5.150%	400,000	32,445.00		
11/01/48	860,000			22,145.00	454,590.00	
05/01/49	860,000	5.150%	420,000	22,145.00		
11/01/49	440,000			11,330.00	453,475.00	
05/01/50	440,000	5.150%	440,000	11,330.00		
11/01/50					451,330.00	
Total		$	6,300,000  $	4,745,765	$  11,045,765	
Approved Budget
Debt Service Series 2021 Capital Improvement Revenue Bonds

REVENUES:

Special Assessments -Tax Roll	$	305,887	$	469,158	$	1,443	$	470,602	$	470,602	
Special Assessments - Direct	245,810	24,467	-	24,467	24,467	
Special Assessments - Prepayment	-	761,474	-	761,474	-	
Interest Income	5,000	17,728	5,000	22,728	5,000	
Carry Forward Surplus (1)	282,848	259,218	-	259,218	253,500	
TOTAL REVENUES	$	839,546	$ 1,532,046	$	6,443	$  1,538,489	$	753,569	

EXPENDITURES:						
Interest - 11/1	$	149,075	$	149,075	$	-	$	149,075	$	132,688	
Principal Prepayment - 11/1	-	5,000	-	5,000	-	
Principal Prepayment - 2/1	-	750,000	-	750,000	-	
Interest - 2/1	-	6,839	-	6,839	-	
Interest - 5/1	149,075	-	149,075	149,075	132,688	
Principal - 5/1	200,000	-	200,000	200,000	185,000	
Principal Prepayment - 5/1	-	-	25,000	25,000	-	
TOTAL EXPENDITURES	$	498,150	$	910,914	$	374,075	$  1,284,989	$	450,375	

Other Sources/(Uses)

Interfund transfer In/(Out)

$	-  $

-  $	-  $

-  $	-

TOTAL OTHER SOURCES/(USES)	$	-	$	-	$	-	$	-	$	-	
						
TOTAL EXPENDITURES	$	498,150	$	910,914	$	374,075	$  1,284,989	$	450,375	
						
EXCESS REVENUES (EXPENDITURES)	$	341,396	$	621,132	$  (367,632)	$	253,500	$	303,194	

(1) Carry Forward is Net of Reserve Requirement
Interest Due 11/1/27
 $	129,913 
AMORTIZATION SCHEDULE
Debt Service Series 2021 Capital Improvement Revenue Bonds

	Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	
							
	11/01/26	7,195,000			132,687.50	132,687.50	
	05/01/27	7,195,000	3.000%	185,000	132,687.50		
	11/01/27	7,010,000			129,912.50	447,600.00	
	05/01/28	7,010,000	3.000%	190,000	129,912.50		
	11/01/28	6,820,000			127,062.50	446,975.00	
	05/01/29	6,820,000	3.000%	195,000	127,062.50		
	11/01/29	6,625,000			124,137.50	446,200.00	
	05/01/30	6,625,000	3.000%	200,000	124,137.50		
	11/01/30	6,425,000			121,137.50	445,275.00	
	05/01/31	6,425,000	3.000%	210,000	121,137.50		
	11/01/31	6,215,000			117,987.50	449,125.00	
	05/01/32	6,215,000	3.500%	215,000	117,987.50		
	11/01/32	6,000,000			114,225.00	447,212.50	
	05/01/33	6,000,000	3.500%	220,000	114,225.00		
	11/01/33	5,780,000			110,375.00	444,600.00	
	05/01/34	5,780,000	3.500%	230,000	110,375.00		
	11/01/34	5,550,000			106,350.00	446,725.00	
	05/01/35	5,550,000	3.500%	240,000	106,350.00		
	11/01/35	5,310,000			102,150.00	448,500.00	
	05/01/36	5,310,000	3.500%	245,000	102,150.00		
	11/01/36	5,065,000			97,862.50	445,012.50	
	05/01/37	5,065,000	3.500%	255,000	97,862.50		
	11/01/37	4,810,000			93,400.00	446,262.50	
	05/01/38	4,810,000	3.500%	265,000	93,400.00		
	11/01/38	4,545,000			88,762.50	447,162.50	
	05/01/39	4,545,000	3.500%	275,000	88,762.50		
	11/01/39	4,270,000			83,950.00	447,712.50	
	05/01/40	4,270,000	3.500%	285,000	83,950.00		
	11/01/40	3,985,000			78,962.50	447,912.50	
	05/01/41	3,985,000	3.500%	295,000	78,962.50		
	11/01/41	3,690,000			73,800.00	447,762.50	
	05/01/42	3,690,000	4.000%	305,000	73,800.00		
	11/01/42	3,385,000			67,700.00	446,500.00	
	05/01/43	3,385,000	4.000%	320,000	67,700.00		
	11/01/43	3,065,000			61,300.00	449,000.00	
	05/01/44	3,065,000	4.000%	330,000	61,300.00		
	11/01/44	2,735,000			54,700.00	446,000.00	
	05/01/45	2,735,000	4.000%	345,000	54,700.00		
	11/01/45	2,390,000			47,800.00	447,500.00	
	05/01/46	2,390,000	4.000%	360,000	47,800.00		
	11/01/46	2,030,000			40,600.00	448,400.00	
	05/01/47	2,030,000	4.000%	375,000	40,600.00		
	11/01/47	1,655,000			33,100.00	448,700.00	
	05/01/48	1,655,000	4.000%	390,000	33,100.00		
	11/01/48	1,265,000			25,300.00	448,400.00	
	05/01/49	1,265,000	4.000%	405,000	25,300.00		
	11/01/49	860,000			17,200.00	447,500.00	
	05/01/50	860,000	4.000%	420,000	17,200.00		
	11/01/50	440,000			8,800.00	446,000.00	
	05/01/51	440,000	4.000%	440,000	8,800.00		
	11/01/51					448,800.00	
Total				$7,195,000	$4,118,525	$11,313,525	
Approved Budget
Debt Service Series 2026 Capital Improvement Revenue Bonds

REVENUES:

Special Assessment
Bond Proceeds	$	-  $	-  $	-
-	-	284,509	$	-
284,509	$	331,703
-	
Interest Income	-	-	1,000	1,000	1,000	
Carry Forward Surplus (1)	-	-	-	-	285,509	
TOTAL REVENUES	$	-  $	-  $	285,509	$	285,509	$	618,211	

EXPENDITURES:				
Interest - 11/1	$	-  $	-  $	-	$	-	$	118,670	
Interest - 5/1	-	-	-	-	128,679	
Principal - 5/1	-	-	-	-	75,000	
TOTAL EXPENDITURES	$	-  $	-  $	-	$	-	$	322,349		

Other Sources/(Uses)

Interfund transfer In/(Out)

$	-  $

-  $	-  $

-  $	-

(1) Carry Forward is Net of Reserve Requirement
Interest Due 11/1/27
 $	127,179 
AMORTIZATION SCHEDULE
Debt Service Series 2026 Capital Improvement Revenue Bonds

Period	Outstanding Balance	Coupons	Principal	Interest	Annual Debt Service	
						
11/01/26	4,840,000			118,670.40	118,670.40	
05/01/27	4,840,000	4.000%	75,000.00	128,678.75		
11/01/27	4,765,000			127,178.75	330,857.50	
05/01/28	4,765,000	4.000%	75,000.00	127,178.75		
11/01/28	4,690,000			125,678.75	327,857.50	
05/01/29	4,690,000	4.000%	80,000.00	125,678.75		
11/01/29	4,610,000			124,078.75	329,757.50	
05/01/30	4,610,000	4.000%	85,000.00	124,078.75		
11/01/30	4,525,000			122,378.75	331,457.50	
05/01/31	4,525,000	4.000%	85,000.00	122,378.75		
11/01/31	4,440,000			120,678.75	328,057.50	
05/01/32	4,440,000	4.350%	90,000.00	120,678.75		
11/01/32	4,350,000			118,721.25	329,400.00	
05/01/33	4,350,000	4.350%	95,000.00	118,721.25		
11/01/33	4,255,000			116,655.00	330,376.25	
05/01/34	4,255,000	4.350%	100,000.00	116,655.00		
11/01/34	4,155,000			114,480.00	331,135.00	
05/01/35	4,155,000	4.350%	105,000.00	114,480.00		
11/01/35	4,050,000			112,196.25	331,676.25	
05/01/36	4,050,000	4.350%	105,000.00	112,196.25		
11/01/36	3,945,000			109,912.50	327,108.75	
05/01/37	3,945,000	5.350%	110,000.00	109,912.50		
11/01/37	3,835,000			106,970.00	326,882.50	
05/01/38	3,835,000	5.350%	120,000.00	106,970.00		
11/01/38	3,715,000			103,760.00	330,730.00	
05/01/39	3,715,000	5.350%	125,000.00	103,760.00		
11/01/39	3,590,000			100,416.25	329,176.25	
05/01/40	3,590,000	5.350%	130,000.00	100,416.25		
11/01/40	3,460,000			96,938.75	327,355.00	
05/01/41	3,460,000	5.350%	140,000.00	96,938.75		
11/01/41	3,320,000			93,193.75	330,132.50	
05/01/42	3,320,000	5.350%	145,000.00	93,193.75		
11/01/42	3,175,000			89,315.00	327,508.75	
05/01/43	3,175,000	5.350%	155,000.00	89,315.00		
11/01/43	3,020,000			85,168.75	329,483.75	
05/01/44	3,020,000	5.350%	165,000.00	85,168.75		
11/01/44	2,855,000			80,755.00	330,923.75	
05/01/45	2,855,000	5.350%	170,000.00	80,755.00		
11/01/45	2,685,000			76,207.50	326,962.50	
05/01/46	2,685,000	5.350%	180,000.00	76,207.50		
11/01/46	2,505,000			71,392.50	327,600.00	
05/01/47	2,505,000	5.700%	190,000.00	71,392.50		
11/01/47	2,315,000			65,977.50	327,370.00	
05/01/48	2,315,000	5.700%	205,000.00	65,977.50		
11/01/48	2,110,000			60,135.00	331,112.50	
05/01/49	2,110,000	5.700%	215,000.00	60,135.00		
11/01/49	1,895,000			54,007.50	329,142.50	
05/01/50	1,895,000	5.700%	225,000.00	54,007.50		
11/01/50	1,670,000			47,595.00	326,602.50	
05/01/51	1,670,000	5.700%	240,000.00	47,595.00		
11/01/51	1,430,000			40,755.00	328,350.00	
05/01/52	1,430,000	5.700%	255,000.00	40,755.00		
11/01/52	1,175,000			33,487.50	329,242.50	
05/01/53	1,175,000	5.700%	270,000.00	33,487.50		
11/01/53	905,000			25,792.50	329,280.00	
05/01/54	905,000	5.700%	285,000.00	25,792.50		
11/01/54	620,000			17,670.00	328,462.50	
05/01/55	620,000	5.700%	300,000.00	17,670.00		
11/01/55	320,000			9,120.00	326,790.00	
05/01/56	320,000	5.700%	320,000.00	9,120.00		
11/01/56	-				329,120.00	
Total		$	4,840,000	5,148,581.65	9,988,581.65	
Approved Budget Capital Reserve Fund

REVENUES:

Interest Income
$	1,000  $
1,420  $
500  $
1,920  $
1,000
Capital Reserve Funding - Transfer In	400,000	-	405,000	405,000	600,000
Carry Forward Balance	130,665	161,190	-	161,190	940
EXPENDITURES:
Repair and Replacements
$	50,000  $
50,303  $
301,730  $
352,034  $
50,000
RiverHouse Access Control System (C/S)	4,422	6,102	-	6,102	18,951
RiverHouse Painting (C/S)	26,733	14,590	14,590	29,180	-
RiverHouse Furniture (C/S)	23,584	-	23,584	23,584	- RiverHouse A/C Unit Replacement (C/S)	32,428	-	32,428	32,428	- RiverHouse Tennis Court Fencing (C/S)	23,584	-	23,584	23,584	- RiverHouse Pool Pump Sand Filtration (C/S)	36,850	-	36,850	36,850	- Permanent Holiday Lighting (C/S)	22,995	-	22,995	22,995	-
Playground Equipment (C/S)	5,896	-	5,896	5,896	27,869
Pocket Parks Equipment Repair/Replacement (C/S)	13,075	-	13,075	13,075	12,541
Maintenance Golf Cart (C/S)	2,948	-	2,948	2,948	-
Maintenance Work Truck (C/S)	19,162	18,493	-	18,493		- RiverHouse Pool Operations Equipment (C/S)		-		-	-		-	97,542 RiverHouse Complex Fencing (C/S)		-		-	-		-	16,721
RiverFront Park Dock (C/S)	-	-	-	-	97,542
RiverHouse Patio Furniture (C/S)	-	-	-	-		8,361 RiverHouse Parking Lot Resurfacing (C/S)	-	-	-	-	48,771 RiverTown Blvd. Asphalt Resurfacing (C/S)	-	-	-	-	34,836 NorthLake Park Renovation (C/S)	-	-	-	-	16,721 RiverTown Blvd. Fencing Replacement (C/S)	-	-	-	-	25,082 RiverHouse Basketball Goals (C/S)	-	-	-	-	16,721
RiverFront Park Parking Lot (C/S)	-	-	-	-	22,295 RiverTown Entrance Pump/Filtration (C/S)	-	-	-	-	27,869 Tennis Court Resurfacing (C/S)	-	-	-	-		6,131
Pickleball & Tennis Court Survey (C/S)	-	-	-	-	8,361
RiverClub Expansion Joint (C/S)	-	-	-	-	13,935

Other Sources/(Uses)

Transfer in/(Out)

$	-  $	-  $

-  $	-  $	-

Capital Reserve Study

Description	FY 2027-
Reserve Study	FY 2027 -
Budget	
Variance	
Reserves Beginning of Year	$	184,372	$	940		
Contributions	132,816	600,000		
Interest Income	9,330	1,000		
Expenditures	6,180	(550,249)		
Anticipated Balance	$	332,698	$	51,691	$	(281,007)	
Non-Ad Valorem Assessments Comparison 2026-2027

Neighborhood	O&M Units	
Annual Maintenance Assessments				
	
FY 2027	
FY 2026	
Increase/ (decrease)			

Townhomes	

314	

$1,430.40	

$1,172.46	

$257.94	

22%	
Single Family - 30'-39' Lot	146	$1,571.31	$1,287.97	$283.34	22%	
Single Family - 40'-49' Lot	360	$1,845.70	$1,512.86	$332.84	22%	
Single Family - 50'-59' Lot	261	$2,169.93	$1,778.63	$391.30	22%	
Single Family - 60'-69' Lot	0	$0.00	$0.00	$0.00	-	
Single Family - 70'-79' Lot	65	$2,993.00	$2,453.28	$539.72	22%	
Single Family - 80' Lot	50	$3,317.24	$2,719.04	$598.20	22%	
Total	1196