The Board of Supervisors of the Key Marco Community Development District will hold multiple public hearings and a regular meeting on July 22, 2020 at 8:30 a.m., to be held by teleconference, Unlimited Conferencing, 1-888-468-1195, Participant Pin 636522.

The meeting is to be conducted by means of communications media technology described herein pursuant to Executive Orders 20-52 and 20-69 issued by Governor DeSantis on March 9, 2020, and March 20, 2020, as extended by Executive Orders 20-112, 20-123, 20-139 and 20-150, as such orders may be further extended, respectively (collectively, the “Executive Orders”), and pursuant to Section 120.54(5)(b)2., Florida Statutes. Consistent with the Executive Orders and except as otherwise provided herein, there will not be any Supervisors or staff physically present at a specific meeting location for this meeting and public hearings. While it is necessary to hold the above referenced meeting of the District's Board of Supervisors utilizing communications media technology due to the current COVID-19 public health emergency, the District fully encourages public participation in a safe and efficient manner. Toward that end, anyone wishing to listen and participate in the meeting can do so telephonically at the phone number listed above. Additionally, participants are encouraged to submit questions and comments to the District Manager in advance to facilitate the Board's consideration of such questions and comments during the meeting.

The agenda is as follows:

Call to Order/Roll Call
Approval of Agenda
Public Comments
Public Hearing on Adoption of Fiscal Year 2020/2021 Budget
Affidavit of Publication
Consideration of Resolution 2020-04, Adopting the Budget for Fiscal Year 2020-2021
Public Hearing on the Imposition of Maintenance and Operation Assessments to fund the Fiscal Year 2020/2020 Budget
Consideration of Resolution 2020-05, Levying Non-Ad Valorem Assessments
Public Hearing Adopting Rules Relating to Parking and Parking Enforcement
Affidavit of Publication
Consideration of Resolution 2020-06, Adopting Rules Relating to Parking and Parking Enforcement
Approval of Meeting Minutes a. May 20, 2020
Old Business
New Business
Acceptance of 2019-2020 Annual Financial Report
Attorney’s Report
Consideration of Resolution 2020-07, Adopting Internal Controls Policy

Ethics Training
Research Committees
Street Lights, Lynn Domenici
Roads, Mary Beth Schewitz
Hole Montes, David Schmidt
Engineering Services Bridge Inspection
Pavement Evaluation and Recommendations
Supervisors’ Requests
Speeding and Speed Bumps, Luanne Kerins
Speed Radar, Katie Maline
Public Safety Reminder About Shared Use of Roadways, Mary Beth Schewitz
Holiday Décor, Luanne Kerins
District Manager’s Report
Acceptance of the Financial Statement Ending May 30, 2020
Announcement of Upcoming Landowner’s Meeting scheduled for November 18, 2020
Approval of Termination of Services Letter, GMS, LLC
ARBOR Proposal
Audience Comments
Set Next Meeting Date: Wednesday, September 16, 2020 at 8:30 a.m.
Adjournment

RESOLUTION 2020-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF KEY MARCO COMMUNITY DEVELOPMENT DISTRICT RELATING TO THE ANNUAL APPROPRIATIONS OF THE DISTRICT AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2020, AND ENDING SEPTEMBER 30, 2021, AND REFERENCING THE MAINTENANCE AND BENEFIT SPECIAL ASSESSMENTS TO BE LEVIED BY THE DISTRICT FOR SAID FISCAL YEAR; PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to the June 15, 2020, submitted to the Board of Supervisors (the “Board”) a proposed budget for the next ensuing budget year along with an explanatory and complete financial plan for each fund of Key Marco Community Development District (the “District”), pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the proposed annual budget and any proposed long-term financial plan or program of the District for future operations (the “Proposed Budget”) the District filed a copy of the Proposed Budget with the general purpose local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and

WHEREAS, District further posted the Proposed Budget on its website as required pursuant to Section 189.016, Florida Statutes; and

WHEREAS, the Board set July 22, 2020, as the date for a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a), Florida Statutes; and

WHEREAS, Section 190.008(2)(a), Florida Statutes requires that, prior to October 1 of each year, the Board by passage of the Annual Appropriation Resolution shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget on a Cash Flow Budget basis, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year; and

WHEREAS, Section 190.021, Florida Statutes provides that the Annual Appropriation Resolution shall also fix the Maintenance Special Assessments and Benefit Special Assessments upon each piece of property within the boundaries of the District benefited, specifically and peculiarly, by the maintenance and/or capital improvement programs of the District, such levy representing the amount of District assessments necessary to provide for payment during the ensuing budget year of all properly authorized expenditures to be incurred by the District, including principal and interest of special revenue, capital improvement and/or benefit assessment bonds, in order for the District to exercise its various general and special powers to implement its single and specialized infrastructure provision purpose; and

WHEREAS, the Board finds and determines that the non-ad valorem special assessments it imposes and levies by this Resolution for maintenance on the parcels of property involved will constitute a mechanism by which the property owners lawfully and validly will reimburse the District for those certain special and peculiar benefits the District has determined are received by, and flow to, the parcels of property from the systems, facilities and services being provided, and that the special and peculiar benefits are apportioned in a manner that is fair and reasonable in accordance with applicable assessment methodology and related case law; and

WHEREAS, the Chair of the Board may designate the District Manager or other person to certify the non-ad valorem assessment roll to the Tax Collector in and for Collier County political subdivision on compatible electronic medium tied to the property identification number no later than September 15, 2020 so that the Tax Collector may merge that roll with others into the collection roll from which the November tax notice is to be printed and mailed; and

WHEREAS, the proceeds from the collections of these imposed and levied non-ad valorem assessments shall be paid to the District; and

WHEREAS, the Tax Collector, under the direct supervision of the Florida Department of Revenue performs the state work in preparing, mailing out, collecting and enforcing against delinquency the non-ad valorem assessments of the District using the Uniform Collection Methodology for non-ad valorem assessments; and

WHEREAS, if the Property Appraiser and the Tax Collector have adopted a different technological procedure for certifying and merging the rolls, then that procedure must be worked out and negotiated with Board approval through the auspices of the District Manager before there are any deviations from the provisions of Section 197.3632, Florida Statutes, and Rule 12D-18, Florida Administrative Code.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF KEY MARCO COMMUNITY DEVELOPMENT DISTRICT;

Section 1. Recitals. The foregoing recitals are true and correct and incorporated herein by reference.

Section 2.  Budget.

The Board has reviewed the District Manager’s Proposed Budget, a copy of which is on file with the office of the District Treasurer and the office of the Recording Secretary, and is hereby attached to this Resolution, and hereby approves certain amendments thereto, as referenced herein.

The District Manager’s Proposed Budget, as amended by the Board, is adopted hereby in accordance with the provisions of Section 190.008(2)(a), Florida Statutes and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be revised subsequently as deemed necessary by the District Manager to reflect actual revenues and expenditures for Fiscal Year 2019-2020 and/or revised projections for Fiscal Year 2020-2021.

The adopted budget, as amended, shall be maintained in the office of the District Treasurer and the District Recording Secretary and identified as “The Budget for Key Marco Community Development District for the Fiscal Year Ending September 30, 2021, as adopted by the Board of Supervisors on July 22, 2020.

Section 3. Appropriations. There is hereby appropriated out of the revenues of the District, for the Fiscal Year beginning October 1, 2020, and ending September 30, 2021 the sum of Two Hundred Fifty Nine Thousand Six Hundred Thirty Four Dollars ($259,634) to be raised by the applicable imposition and levy by the Board of applicable non-ad valorem special assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

TOTAL GENERAL FUND	$	259,634.00
Total All Funds	$	259,634.00

Section 4. Supplemental Appropriations. The Board may authorize by resolution supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the fiscal year as follows:

The Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item.

The Board may authorize an appropriation from the unappropriated balance of any fund.

The Board may increase any revenue or income budget account to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpended balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand ($10,000) Dollars or have the effect of causing more than 10% of the total appropriation of a given program or project to be transferred previously approved transfers included. Such transfer shall not have the effect of causing a more than $10,000 or 10% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the applicable department director and the District Manager or Treasurer. The District Manager or Treasurer must establish administrative procedures, which require information on the request forms proving that such transfer requests comply with this section.

Section 5. Maintenance Special Assessment Levy: Fixed and Referenced and to be Levied by the Board.

The Fiscal Year 2020-2021 Maintenance Special Assessment Levy (the “Assessment Levy”) for the assessment upon all the property within the boundaries of the District based upon the special and peculiar benefit received and further based upon reasonable and fair apportionment of the special benefit, shall be in accordance with the attached Exhibit “A”, which levy represents the amount of District assessments necessary to provide for payment during the aforementioned budget year of all properly authorized expenditures to be incurred by the District, including principal and interest of special revenue, capital improvement and/or benefit assessment bonds. The Assessment Levy shall be distributed as follows:

General Fund O & M	$ 254,600

The designee of the Chair of the Board shall be the Manager or the Treasurer of the District designated to certify the non-ad valorem assessment roll to the Tax Collector in and for the Collier County political subdivision, in accordance with applicable provisions of State law (Chapters 170, 190 and 197,

Florida Statutes) and applicable rules (Rule 12D-18, Florida Administrative Code) which shall include not only the maintenance special assessment levy but also the total for the debt service levy, as required by and pursuant to law.

Section 6. Effective Date. This Resolution shall be effective immediately upon its adoption.

PASSED AND ADOPTED at a meeting of the Board of Supervisors of Key Marco Community Development District this 22nd day of July, 2020.

Attest:	KEY MARCO COMMUNITY
DEVELOPMENT DISTRICT

Katie Maline, Secretary	Mary Beth Schewitz, Chair

Exhibit “A”

RESOLUTION 2020-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF KEY MARCO COMMUNITY DEVELOPMENT DISTRICT LEVYING AND IMPOSING NON AD VALOREM MAINTENANCE SPECIAL ASSESSMENTS FOR KEY MARCO COMMUNITY DEVELOPMENT DISTRICT AND CERTIFYING AN ASSESSMENT ROLL FOR FISCAL YEAR 2020-2021; PROVIDING A SEVERABILITY CLAUSE; PROVIDING FOR CONFLICT AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, Key Marco Community Development District (the “District”) is a local unit of special-purpose government established pursuant to Chapter 190, Florida Statutes for the purpose of providing, operating and maintaining infrastructure improvements, facilities and services to the lands within the District; and

WHEREAS, the District is located in the City of Marco Island in Collier County, Florida (the “County”); and

WHEREAS, the District has constructed or acquired certain public improvements within the District and provides certain services in accordance with Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors of the District (“Board”) hereby determines to undertake various operations and maintenance activities described in the District’s general fund budget for Fiscal Year 2020-2021 attached hereto as Exhibit “A” and incorporated by reference herein (“Operations and Maintenance Budget”); and

WHEREAS, the District must obtain sufficient funds to provide for the operation and maintenance of the services and facilities provided by the District as described in the Operations and Maintenance Budget for Fiscal Year 2020-2021; and

WHEREAS, the provision of such services, facilities, and operations is a benefit to lands within the District; and

WHEREAS, Chapter 190, Florida Statutes, provides that the District may impose special assessments on benefited lands within the District; and

WHEREAS, Chapter 197, Florida Statutes, provides a mechanism pursuant to which such special assessments may be placed on the tax roll and collected by the local tax collector (“Uniform Method”); and

WHEREAS, the District has previously evidenced its intention to utilize the Uniform Method; and

WHEREAS, the District has approved an Agreement with the Property Appraiser and Tax Collector of the County to provide for the collection of the special assessments under the Uniform Method; and

WHEREAS, the Board finds that the District's total Operations and Maintenance operation assessments, taking into consideration other revenue sources during Fiscal Year 2020-2021 (defined as October 1, 2020 through September 30, 2021), will amount to $254,600.00; and

WHEREAS, the Board finds that the non-ad valorem special assessments it levies and imposes by this resolution for operation and maintenance on the parcels of property involved will reimburse the District for certain special and peculiar benefits received by the property flowing from the maintenance of the improvements, facilities and services apportioned in a manner that is fair and reasonable, in accordance with the applicable assessment methodology as adopted by the District; and

WHEREAS, it is in the best interests of the District to proceed with the imposition of the special assessments; and

WHEREAS, it is in the best interests of the District to adopt the Assessment Roll of the District (the “Assessment Roll”) attached to this Resolution as Exhibit “B” and incorporated as a material part of this Resolution by this reference, and to certify the Assessment Roll to the County Tax Collector pursuant to the Uniform Method; and

WHEREAS, it is in the best interests of the District to permit the District Manager to amend the Assessment Roll, certified to the County Tax Collector by this Resolution, as the Property Appraiser updates the property roll for the County, for such time as authorized by Florida law.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF KEY MARCO COMMUNITY DEVELOPMENT DISTRICT OF COLLIER COUNTY, FLORIDA;

Section 1. Recitals. The foregoing recitals are true and correct and incorporated herein by reference.

Section 2. Benefit. The provision of the services, facilities, and operations as described in Exhibit “A” confer a special and peculiar benefit to the lands within the District, which benefits exceed or equal the costs of the Assessments (as defined below). The allocation of the costs to the specially benefitted lands is shown in Exhibits “A” and “B”.

Section 3. Assessment Imposition. A special assessment for operations and maintenance as provided for in Chapter 190, Florida Statutes is hereby imposed and levied on the benefitted lands within the District in accordance with Exhibits “A” and “B” (the “Assessments”). The lien of the Assessments imposed and levied by this Resolution shall be effective upon passage of this Resolution.

Section 4. Collection. The collection of the Assessments shall be at the same time and in the same manner as County taxes in accordance with the Uniform Method.

Section 5. Assessment Roll. The District's Assessment Roll, attached to this Resolution as Exhibit “B,” is hereby certified to the County Tax Collector and shall be collected by the County Tax Collector in the same manner and time as County taxes. The proceeds therefrom shall be paid to Key Marco Community Development District. The Chair of the Board designates the District Manager to perform the certification duties. A copy of this Resolution be transmitted to the proper public officials so that its purpose and effect may be carried out in accordance with law.

Section 6. Assessment Roll Amendment. The District Manager shall keep apprised of all updates made to the County property tax roll by the Property Appraiser after the date of this Resolution, and shall amend the District’s Assessment Roll in accordance with any such updates, for such time as authorized by

Florida law, to the County property tax roll. After any amendment of the Assessment Roll, the District Manager shall file the updates to the property tax roll in the District records.

Section 7. Conflict. All Resolutions, sections or parts of sections of any Resolutions or actions of the Board in conflict are hereby repealed to the extent of such conflict.

Section 8. Severability. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

Section 9. Effective Date. This Resolution shall take effect upon the passage and adoption of this Resolution by the Board of the District.

PASSED AND ADOPTED at a meeting of the Board of Supervisors of Key Marco Community Development District this 22nd day of July, 2020.

Attest:	KEY MARCO COMMUNITY
DEVELOPMENT DISTRICT

Katie Maline, Secretary	Mary Beth Schewitz, Chair

Exhibit “A”

Exhibit “B”

RESOLUTION NO. 2020-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF KEY MARCO COMMUNITY DEVELOPMENT DISTRICT ADOPTING RULES RELATING TO PARKING AND PARKING ENFORCEMENT; PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.

WHEREAS, Key Marco Community Development District (the “District”) is a community development district that was established pursuant to the provisions of Chapter 190, Florida Statutes by the Board of County Commissioners of Collier County, Florida; and

WHEREAS, Chapter 190, Florida Statutes, authorizes the District to adopt rules to govern the administration of the District and to adopt resolutions as may be necessary for the conduct of District business; and

WHEREAS, the Board of Supervisors finds that it is in the best interests of the District to adopt by resolution the Rules Relating To Parking and Parking Enforcement attached hereto as Exhibit “A” for immediate use and application; and

WHEREAS, the Board of Supervisors has complied with applicable Florida law concerning the development and adoption.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF KEY MARCO COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. FINDINGS. The above recitals are true and correct and incorporated herein by this reference.

SECTION 2. ADOPTION OF RULES. The attached Rules Relating to Parking and Parking Enforcement are hereby adopted pursuant to this Resolution. These Rules Relating to Parking and Parking Enforcement shall stay in full force and effect until such time as the Board of Supervisors may amend these rules in accordance with Chapter 190, Florida Statutes.

SECTION 3. SEVERABILITY. If any section or part of a section of this Resolution be declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this Resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this Resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional, it being expressly found and declared that the remainder of this Resolution would have been adopted despite the invalidity of such section or part of such section.

SECTION 4. CONFLICTS. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.

SECTION 5. EFFECTIVE DATE. This Resolution shall be effective immediately upon its adoption.

PASSED AND ADOPTED at a meeting of the Board of Supervisors of Key Marco Community Development District this 22nd day of July, 2020.

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
Attest:

Katie Maline, Secretary	Mary Beth Schewitz, Chairman

Exhibit “A”

Key Marco Community Development District
Rules Relating To Parking and Parking Enforcement
In accordance with Chapter 190, Florida Statutes, and on July 22, 2020 at a duly noticed public meeting, the Board of Supervisors of Key Marco Community Development District (“District”) adopted the following rules (these “Rules”) policy to govern parking and parking enforcement on certain District property. These Rules repeal and supersede all prior rules and/or policies governing the same subject matter.

Section 1. Introduction. The District finds that Vehicles (hereinafter defined) parked on the rights- of-way within the District cause hazards and danger to the health, safety and welfare of District residents, paid users and the public. These Rules are intended to provide the District with the means to remove Vehicles from Tow-Away Zones (as defined below) designated by the District consistent with these Rules.

Section 2.   Applicability.   These Rules Relating To Parking and Parking Enforcement shall be applicable on, over, or within the District ROWs (as defined below).

Section 3.     Definitions.

Commercial Vehicle. Any vehicle not designed and used for normal personal/family transportation; vehicles with work racks, tool racks and/or visible equipment and/or vehicles bearing lettering, graphics, contact information, logos, advertising and/or any other commercial insignia); limousines, landscape maintenance vehicles, construction vehicles, vehicles for hire, or vehicles used in business of, or for the purpose of, transporting goods, equipment, passengers and the like, or any trucks or vans which are larger than one ton, or any dual-wheel trucks.

District ROWs. The District’s rights-of-way known as Whiskey Creek Drive and Blue Hill Creek Drive.

Mobile Vehicle. Any mobile item that normally includes wheels, whether motorized or not.

Park; Parked; or Parking. A Vehicle left unattended by its owner or user.

Recreational Vehicle. A vehicle designed for recreational use, which includes motor homes, campers and trailers relative to same.

Tow-Away Zone. Any District property on which parking is prohibited and in which the District is authorized to initiate a towing and/or removal action as further provided within these Rules.

Vehicle. Any Mobile Vehicle, Commercial Vehicle, Vessel, or Recreational Vehicle.

Vessel. Every description of watercraft, barge, or airboat used or capable of being used as a means of transportation on water.

Section 4.      Parking in District ROWs Prohibited.   Except as otherwise permitted in Section 6, below, parking of Vehicles on, over or within the District ROWs is strictly prohibited.

Section 5. Establishment of Tow-Away Zones. The District ROWs, as depicted in Exhibit A, are designated as “Tow Away Zones”. Any Vehicle parked in violation of these Rules may be towed by the District at the sole cost and expense of the owner of such Vehicle if it remains in violation of the terms and conditions of these Rules. The District shall not be liable to the owner of such Vehicle for trespass, conversion, damages, or otherwise, nor guilty of any criminal act by reason of such towing, and neither its removal nor failure of the owner of such Vehicle to receive any notice of said violation shall be grounds for relief of any kind. All towing shall be performed in accordance with Section 715.07, Florida Statutes.

Section 6.     Exceptions.

District Vendors/Contractors. The District Manager or his/her designee may authorize vendors/contractors/consultants of the District (including their subcontractors) to park company Vehicles on District ROWs in order to facilitate District business or maintenance of District property or facilities. All Vehicles so authorized must be identified by a written parking pass from the District Manager.

Delivery Vehicles. Delivery vehicles, including but not limited to, FedEx, UPS, moving company vehicles, or car transports may park on District ROWs while actively engaged in the operation of such businesses.

Commercial Vehicles Providing Services. Commercial Vehicles including, without limitation, those relating to residential construction activity, may be parked on, over, or within the District ROWs only during the period of delivery or the provision of services to the adjacent residential property. For sake of clarity, the foregoing sentence shall not be construed to permit Commercial Vehicles related to residential construction activity to be parked overnight on District ROWs. Except as may otherwise be permitted by these Rules, Commercial Vehicles related to residential construction activity may be parked in District ROWs only when actual construction activity is being performed on the adjacent residential property and shall not be parked on District ROWs during any period of inactivity.

Governmental Vehicles. Vehicles owned and operated by any governmental unit including, without limitation, the City of Marco Island Police Department, the Collier County Sherriff’s Office, and the City of Marco Island Fire-Rescue Department, may park on District ROWs while carrying out official duties.

Parking Passes. Residents within the District may apply for a temporary parking pass (a “Parking Pass”) that will allow such resident and/or guest to park a specific Vehicle in the District ROWs on a temporary basis. Requests for Parking Passes will be granted in accordance with the following:

Permits may not exceed seven (7) consecutive days. In no event may a Parking Pass be granted for more than fourteen (14) days per year for one automobile, as identified by the automobile’s license plate number.

A resident interested in a Parking Pass may submit a request to the District Manager or his/her designee that includes the following information:

The name, address and contact information of the owner of the Vehicle to which the Parking Pass will be granted;

The make/model and license plate of the Vehicle to which the Parking
Pass will apply;

The reason and special terms (if any) for the Parking Pass;

The intended location for the Vehicle parking; and

The date and time of the expiration of the requested Parking Pass.

It is the responsibility of the person(s) requesting a Parking Pass to secure all necessary documentation and approvals. Failure to secure all necessary documentation and approvals will result in the towing and/or removal of the Vehicle from the District’s ROW. Improperly permitted Vehicles parked in the District ROWs will be subject to towing.

Upon receipt and review of all required documentation as set forth above, the District Manager or his/her designee will issue a Parking Pass. A Parking Pass will be granted by way of written correspondence by the District Manager or his/her designee. No verbal grants of authority will be issued or be held valid.

The Parking Pass must be visibly displayed in the Vehicle at all times that the Vehicle is parked in the District ROWs.

Section 7.     Conditions Relating to Exceptions.

Vehicles permitted to be temporarily parked within the District ROWs pursuant to Section 6 shall comply with the following provisions:

Vehicles shall be fully parked on a paved surface designed for parking or vehicular travel. No portion of a Vehicle shall be parked on, over, or within a landscaped or grassed surface of the District, including but not limited to the swale.

Vehicles shall not park in any manner that would have the effect of disrupting the normal flow of traffic, would block the ingress or egress of trucks, public service vehicles, and emergency vehicles and/or would require other vehicles to leave the paved surface of the District ROWs to pass.

Vehicles shall not park facing the wrong direction on the roadway.

Vehicles shall not park in any manner that blocks access to a driveway.

Vehicles shall not park in any manner that blocks a sidewalk or access to a
sidewalk.

Vehicles shall not park within thirty (30’) feet of the approach to a stop sign.

Vehicles shall not be covered or partially covered with a tarpaulin or other type of vehicle cover.

No Vehicle shall be used as a domicile or residence either temporarily or
permanently.

Any Vehicle parked on the District ROWs must do so in compliance with all applicable laws, ordinances and codes.

Any Vehicle that cannot operate on its own power is prohibited from being parked on, over, or within the District ROWs, and shall immediately be removed.

No Vehicle bearing an expired registration, missing license plate or a license plate that fails to match the Vehicle’s registration shall be parked on, over, or within the District ROWs.

Section 6.	Towing/Removal Procedures.

Signage and Language Requirements. Notice of the Tow-Away Zones shall be approved by the District’s Board of Supervisors and shall be posted on District property in the manner set forth in Section 715.07, Florida Statutes. Such signage is to be placed in conspicuous locations, in accordance with Section 715.07, Florida Statutes.

Towing/Removal Authority. Any Vehicle parked in violation of these Rules may be towed at the Vehicle owner’s expense by a towing contractor approved by the District pursuant to Section 715.07, Florida Statutes. To effect towing/removal of a Vehicle, the District Manager or his/her designee must verify that the subject Vehicle was not authorized to park under these Rules. Upon such verification, the District Manager or his/her designee shall place a written warning on the Vehicle. Such written warning shall include the time of issuance of the warning. If the Vehicle remains parked in the District ROWs for twenty-four (24) hours following the issuance of a written warning, the District Manager or his/her designee then may contact a firm authorized by Florida law to tow/remove Vehicles for the removal of such unauthorized Vehicle at the owner’s expense. The Vehicle shall be towed/removed by the firm in accordance with Florida law, specifically the provisions set forth in Section 715.07, Florida Statutes.

Agreement with Authorized Towing Service. The District’s Board of Supervisors is hereby authorized to enter into and maintain an agreement with a firm authorized by Florida law to tow/remove unauthorized Vehicles and in accordance with Florida law and with the rules set forth herein. Pursuant to Section 190.012(2)(d), Florida Statutes, the District’s selection of a towing operator is not subject to public bidding if the towing operator is included in an approved list of towing operators maintained by Collier County.

Section 7.	Miscellaneous.

Suspension of Rules. The enforcement of these Rules may be suspended in whole or in part for specified periods of time, as determined by resolution of the Board of Supervisors of the District. In addition, the enforcement of these Rules may be suspended, in whole or in part, during emergencies at the discretion of the District Manager.

Other Traffic and Parking Regulations. Nothing in these Rules shall prohibit local law enforcement from enforcing the laws that are a part of the State Uniform Traffic Control Law, Chapter 316, Florida Statutes, or any other local or state law, rule or ordinance pertaining to vehicular traffic or parking enforcement.

Parking at Your Own Risk. The District assumes no liability for any theft, vandalism and/or damage that might occur to personal property and/or to such Vehicles that are parked within the District ROWs or towed/removed pursuant to these Rules.

Specific Authority: §§ 120.54, 120.69, 190.011(5), 190.012(2)(d), 190.012(3) and 190.041, Florida Statutes

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JOHNSON ENGINEERING, INC.
2350 STANFORD COURT
NAPLES, FLORIDA 34112
PHONE: (239) 434-0333
FAX: (239) 334-3661
E.B. #642 & L.B. #642

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HORR'S ISLAND A.K.A. KEY MARCO
(PLAT BOOK 21, PAGE 5)

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COLLIER COUNTY, FLORIDA

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BOAT DOCKS

BLOCK "4"
LOT 32

BLOCK "5"
LOT 6

BLOCK "5"
LOT 5

BLOCK "1"
LOT 5

BLOCK "1"
LOT 4

BLOCK "1"
LOT 3

BLOCK "2"

BLOCK "2"
LOT 5

BLOCK "2"
LOT 4

BLOCK "2"
LOT 3

BLOCK "2"
LOT 2

BLOCK "2"
LOT 1

BLOCK "4"
LOT 34

BLOCK "4"
LOT 33

BLOCK "5"

REVISIONS
DESCRIPTION

LOT 4

BLOCK "5"
LOT 3

BLOCK "1"
LOT 6

BLOCK "1"
LOT 7

TRACT "S"

BLOCK "1"
LOT 2

BLOCK "1"
LOT 1

TRACT "R"

BLOCK "2"
LOT 12	TRACT
"Q"	BLOCK "2"
LOT 11

BLOCK "2"
LOT 10

BLOCK "2"
LOT 9

BLOCK "2"
LOT 8

BLOCK "3"

BLOCK "2"
LOT 7

BLOCK "3"
LOT 3

LOT 6

BLOCK "3"
LOT 4

BLOCK "3"
LOT 5

BLOCK "3"
LOT 6

BLOCK "3"
LOT 7

BLOCK "5"
LOT 1

BLOCK "5"
LOT 2

BLOCK "1"

BLOCK "1"
LOT 11

BLOCK "1"
LOT 12

BLOCK "1"
LOT 13

BLOCK "1"

DATE

LOT 14

TRACT "P"

BLOCK "3"
LOT 1

LOT 2

DATE:

01-09-17

LOT 8

BLOCK "1"

BLOCK "1"

PROJECT NO.   20170003-000

LOT 9

LOT 10

FILE NO. SCALE:

14-52-26
1"=200'

MATCHLINE SHEET 2

BLOCK "11"
LOT 13

BLOCK "11"
LOT 12

BLOCK "6"
LOT 1

BLOCK "11"
LOT 11

BLOCK "6"
LOT 2

BLOCK "11"
LOT 10

BLOCK "6"
LOT 3

BLOCK "11"
LOT 9

BLOCK "6"
LOT 4

BLOCK "11"
LOT 8

BLOCK "6"
LOT 5

BLOCK "11"
LOT 7

BLOCK "6"
LOT 6

BLOCK "11"
LOT 6

BLOCK "6"
LOT 7

TRACT "I"

BLOCK "11"
LOT 5

BLOCK "6"
LOT 8

BLOCK "11"
LOT 4

BLOCK "6"
LOT 9

BLOCK "6"
LOT 10

BLOCK "11"
LOT 3

BLOCK "6"
LOT 11

BLOCK "11"
LOT 2

BLOCK "4"
LOT 1

BLOCK "11"
LOT 1

BLOCK "4"
LOT 2

BLOCK "10"

BLOCK "4"
LOT 3

BLOCK "4"
LOT 4

BLOCK "4"
LOT 5

MATCHLINE ABOVE RIGHT

BLOCK "4"
LOT 6

BLOCK "9"
LOT 8

BLOCK "7"
LOT 10

BLOCK "7"
LOT 1

BLOCK "7"
LOT 9

BLOCK "7"
LOT 8

TRACT "M"

BLOCK "7" BLOCK "7"
LOT 6	LOT 5

MATCHLINE ABOVE RIGHT

PARCEL OWNERSHIP EXHIBIT

SHEET NUMBER

1 OF 2

JOHNSON ENGINEERING, INC.
2350 STANFORD COURT
NAPLES, FLORIDA 34112
PHONE: (239) 434-0333
FAX: (239) 334-3661
E.B. #642 & L.B. #642

TRACT "U"

TRACT "H-I"

TRACT "V"

TRACT "W"

HORR'S ISLAND A.K.A. KEY MARCO
(PLAT BOOK 21, PAGE 5)

SECTIONS 14, 15, 21, 22, 23, 27 & 28, TOWNSHIP 52 SOUTH, RANGE 26 EAST
COLLIER COUNTY, FLORIDA

TRACT "X"

REVISIONS
DESCRIPTION

TRACT "G"

DATE

TRACT "F"

DATE:

01-09-17

PROJECT NO. 20170003-000

FILE NO. SCALE:

14-52-26
1"=200'

PARCEL OWNERSHIP EXHIBIT

MATCHLINE SHEET 1

SHEET NUMBER

2 OF 2

Exhibit “A” District ROWs

6

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
BOARD OF SUPERVISORS MEETING
3	May 20, 2020
4
5	VIA TELECONFERENCE
6
In Attendance by phone:
Mary Beth Schewitz, Chairman
Luanne Kerins, Co-Chair
Terri Stanton, Supervisor
Lynn Domenici, Supervisor
John Esposito, Supervisor
Katie Maline, District Manager/Secretary
Greg Urbancic, District Counsel
David Schmidt, Humiston and Moore
Howard Clement, Landowner
John and Joanne Fowler, Landowner’s
Kevin Kerins, Landowner
Herb Krutisch, Landowner
Dean McKendrick, Landowner
Michael Rechtin, Landowner
22
Roll Call
The regular meeting was called to order with all supervisors in attendance.
25
Approval of Agenda
The agenda was unanimously approved as submitted on a voice vote by Mrs. Kerins and a
second by Terri Stanton. Motion carried 5-0.
29
Public comments on agenda items
No comments or questions were received from the public.
32
Approval of February 10, 2020 Minutes
The minutes of the meeting were unanimously approved on a voice vote by Mr. Esposito and a
second by Mrs. Kerins. Motion carried 5-0.
36
Old Business
No old business was brought before the Board.
39

New Business
Request for Approval – Landscaping Improvements at 786 Whiskey Creek Drive
In response to Mr. Urbancic’s question as to whether the improvements were on CDD property,
Mrs. Maline indicated that they extended on to CDD property by six inches.
44
The Board then unanimously approved the landscape improvements on 786 Whiskey Creek
Drive, with the agreement that the owners would be responsible to maintain it on a voice vote
by Mrs. Schewitz and a second by Mrs. Kerins. Motion carried 5-0.
48
Attorney’s Report
Amendment to Management Agreement
The purpose of this Amendment was to transfer certain functions currently being done by GMS,
LLC accounting services to the HOA to be managed by Mrs. Maline for the District at no cost, to
include accounting functions. The HOA will assume these functions on October 1, 2020.
54
Mr. Urbancic noted the internal control law that is may be required to be adopted by the
District, and he indicated that he will bring a resolution on internal controls, which he briefly
outlined, to the Board for their adoption. Mrs. Maline added that they have been practicing the
necessary internal controls for quite some time.
59
There being no further questions of comments on the amendment to the Management
Agreement, the Board then unanimously agreed to approve the amended Agreement and
authorized the Chair to sign it on behalf of the District on a voice vote by Mrs. Domenici and a
second by Mr. Esposito. Motion carried 5-0.
64
Amendment to Maintenance Agreement
Last year the landscaping and irrigation was transferred to the HOA via a maintenance
agreement, and at this point the amendment would be to transfer gate access and street
lighting, Gatehouse operations and roadway services to the HOA as well. This agreement also
clarifies responsibilities for some of the capital improvements and maintaining language for
hurricane damage as required by FEMA. This amendment to the agreement would also
commence on October 1, 2020.
72
Mr. Urbancic added that the post orders worked on and adopted by the District would be
transferred to the HOA to operate under. With some minor changes and modifications and a
clarification of certain obligations, the Board unanimously approved to amend the agreement
and authorized the Chair to sign it on behalf of the District on a voice vote by Mrs. Schewitz and
a second by Mrs. Domenici.  Motion carried 5-0.

The Board authorized Mrs. Maline to prepare a letter of termination to GMS, to be approved by
Mrs. Schewitz, and to be sent out on August 1 with a termination date of September 30 on a
voice vote by Mrs. Schewitz and a second by Mr. Esposito. Motion carried 5-0.
81
Mr. Krutisch then suggested that a statement indicating that the notice and termination dates
were following the rules of the contract be inserted in the letter. The Board agreed.
84
Research Committees
Street Lights
Mrs. Domenici thanked Mr. Kerins for his research and work on this project. After trying
various models and lumens. Mr. Kerins indicated that they would like to install solar lighting on
roughly 50 of their existing poles for a total cost of $10,000. This is a softer, easier light and
they should last for five years, and a particular light can be set for any number of hours. LCEC
would disconnect the power to the existing street lights at no cost. Materials and installation
labor costs for these solar lights would have to be obtained.
93
The solar light was installed at the marina parking lot on May 18, 2020. The costs for this solar
light fixture, pole, batter pack and solar panel was $5,757 and $1,656 to install. The vendor,
SEPCO, insists that their poles be used, so the old poles will have to be removed and disposed
of which will raise the cost substantially. Mr. Kerins would like to do some additional research
using solar light fixtures on our existing poles.
99
Mr. Krutisch suggested that he would discuss installing the lights with the HOA Board and
maintain them as well. He approves of the solar lamp that has been installed near his home,
while the light installed near the marina is too bright.
103
Mike Rechtin also thanked Mr. Kerins and Mrs. Domenici for their work, and liked the ideas
they have brought to the Board.
106
Mr. Urbancic felt that planning needed to be done to determine when the project will start, if
they are going to engage a contractor, what legal documents will need to be prepared, and so
on. He added that it is better when the CDD does the capital improvements to its own
property.
111
Mr. Urbancic indicated that if the HOA wanted to do the installation of the lights on the CDDs
behalf, that would be fine.
114

The Board unanimously approved that the solar lights will be purchased by the CDD and
installed by the HOA on the District’s behalf, at a cost not to exceed $15,000, to be completed
within the next 90 to 120 days, on a voice vote by Mrs. Schewitz and a second by Mr. Esposito.
Motion carried 5-0.
119
Access Control
Mr. Esposito reported on the proposals that were received, including Cypress Access which will
the research committee recommends to do the computer upgrade to the Gate Access system.
Envera, another company who provided a proposal is much more expensive and would require
at minimum six weeks to get up and running, their equipment is proprietary, and requires all
new video connections and wiring. Two other companies were eliminated because they were
strictly “cloud based” programs and not suitable to Key Marco’s needs. No public comment
was received on this item.
128
The keypad kiosk is being planned for the 2021 budget, and after Board discussion, the Board
unanimously approved working with Cypress Access for the computer upgrades in the amount
of $10,102.60. There will be a monthly service charge of $161.56 for support and updates of
the system and gate staff training, in a total amount not to exceed $13,000, on a voice vote by
Mrs. Schewitz and a second by Mr. Esposito. Motion carried 5-0.
134
All cameras are up and running and will not be affected by the Cypress Access updates.
136
Roads
Dave Schmidt, Hole-Montes updated the Board on the various work authorizations, including
“On Call” engineering services, and also includes meeting attendance at Mrs. Maline’s request,
in an amount not to exceed $1,000 a month.
141
Mr. Urbancic noted for the record that this is being done as the District has a contract with Hole
Montes, which requires them to have work authorization to perform certain tasks.
144
The Board unanimously approved the Authorization for On Call services with authorization not
to exceed $1,000 a month. On a voice vote by Mrs. Schewitz and a second by Mrs. Kerins.
Motion carried 5-0.
148
As it relates to bridge inspection services, Mr. Schmidt noted that he could not give a definitive
answer on that at this point, but in looking at past inspections he noted that every two to three
years an inspection should be done to make sure that the bridge is safe and to determine if any
repairs are needed.

Mrs. Maline indicated that the FDOT requires a bridge inspections every two years, and Mr.
Schmidt noted that Bridging Solutions has submitted a proposal for $8,000 to do the inspection
and reports which are due now.	The last inspection was conducted after Hurricane Irma in the
fall of 2017 and showed some scouring around a piling. Hole-Montes will charge a fee for their
review of the report and their visit to the site to make sure everything that needs attention has
been caught.
159
The item will be readdressed at the next Board meeting when more information is brought to
the Board by Mr. Schmidt.
162
Pavement Evaluation and Recommendations
Hole-Montes has proposed to do a complete evaluation on the roadways and drainage
structures and to look at alternatives for the work that is needed.  A report will be prepared for
a 20 year rehab maintenance schedule with costs. After the Board reviews and discusses the
report, any changes deemed necessary will be made and a final report will then be presented.
This process should take 90 days.
169
A discussion was held regarding the arbitrary dates that are used for future repaving, and Mr.
Schmidt added that the roadwork did not have to be done all at one time. The Board agreed
that they will wait for the evaluation and the roadwork can then be budgeted for a future date.
The roadwork evaluation and recommendations work was then unanimously approved, and the
chairman authorized to enter into an agreement with Hole-Montes for these services in an
amount not to exceed $6,000 0n a voice vote by Mrs. Schewitz and a second by John Esposito.
Motion carried 5-0. Mr. Schmidt left the conference.
177
Supervisors Requests
Follow Up on Speeding, Speed Bumps, Speed Signs
Mrs. Kerins corresponded with Mr. Pinter at the City, via email and he indicated that Key Marco
can do anything they wish on their roads, but he suggested that the Fire Chief, Mike Murphy be
notified and seek his approval. Chief Murphy emailed and indicated that the City prohibits
speed bumps. Mrs. Kerins further explained that there is a “speed cushion” that allows
emergency vehicles through due to their wheel tracks, and Mrs. Kerins suggested that the
speed cushions could be obtained as they bolt to the road but are removable. Mrs. Schewitz
suggested that this be done at the same time the roads are repaved. Mrs. Kerins will do more
research as to whether these cushions can be used, and this will be re-addressed at the July
meeting.
189

Landscaping Capital Improvement Project
Mrs. Kerins noted that labor is the most expensive part of this project, and she noted that the
priority should be placed on replacement of old and dying plants. The priorities for CDD
properties, in order, are the T at Whiskey Creek and Blue Hill; Horr’s House needs new
plantings; Lou’s Garden needs a few blanks filled in; the gatehouse area needs to have plants
replaced with grass, and the Blue Plumbago at the Mahoe Tree area needs to be cleaned up
and completed.	The next item is the Indian Mound on both sides, which needs cleaning up
and certain things replaced. Whiskey Creek Drive needs some new replacement plantings as
well.
199
It was pointed out that certain items may be the responsibility of the HOA, and the CDD work
will be done, and what work is the HOA’s will be determined before the project is completed.
The replacement of dead and dying plants can be done this year by the HOA, but the remainder
of the priority list will have to come out of the 2021 budget.
204
The Board discussed what number should be used for Mrs. Kerins' priorities in the 2021 budget,
and what needed to be done now and paid for out of the reserve.
207
With no further comments from the Board or the public, on a voice vote by Mrs. Schewitz and a
second by Mrs. Kerins, to authorize the manager to enter into an agreement with the certified
landscaper of her choosing, and authorize them to provide root barrier protection in the
designated areas along Whiskey Creek as soon as feasible. The CDD will pay for that out of road
way services, in an amount not to exceed $6,500. Motion carried 5-0.
213
District Manager’s Report
Registered Voters for Key Marco
As required by the Statute, the Supervisor of Elections provided the number of registered
voters in the Key Marco CDD, which is 48 as of April 15.
218
Acceptance of April 30, 2020 Financial Statement
Mr. McKendrick announced that Mrs. McKendrick was on different conference call and was
unable to participate in the meeting.
222
Mrs. Maline reported that as it relates to the unaudited financials for the month ending April
30, the accounts receivable does not include unpaid tax assessments, and 91 percent of gross
collections have been received thus far.
226

Mrs. Maline is waiting for further information from GMS, LLC on this statement, and explained
to Mrs. Schewitz what work was performed for the various payments in Landscaping and
Irrigation were for Landscape Florida during the period when the HOA and CDD were splitting
invoices in November and December of 2019.
231
At the Chairman’s request, Mrs. Maline and Mrs. Kerins will look into removing the 8 planters at
the gatehouse to eliminate the continuous problems with them, and will investigate replacing
them with concrete pineapples.
235
Mrs. Maline is waiting for information on the reason for service charges from Fifth Third from
their business banker, and she will contact several qualified banks to determine their fees,
charges and interest. However, this will require that Mrs. Maline be added as a signatory to the
bank accounts. Mrs. Schewitz requested that Mrs. Maline proceed with the appropriate
paperwork with Fifth Third.
241
Although not noted in the financial report, Mrs. Maline wanted the Board to know that the
HOA has reimbursed the CDD for all the utility bills for the months of November and December.
244
On a voice vote by Mr. Esposito and a second by Mrs. Kerins, the Unaudited Financials for the
month ending April 30, 2020 approved by the Board. Motion carried 5-0.
247
Preliminary Budget Review
The request for a three percent increase for Securitas was included in the budget for the
coming year.
251
Holiday lighting has not been included in the 2020-2021 Budget, and Mr. Krutisch indicated that
he would bring the possibility of the HOA Board taking over this line item. Mrs. Schewitz felt
that the budget should be reduced to $3,000 for holiday lighting for 2020-2021. Those present
by phone conference gave their opinions on this as well.
256
Revenue sources were explained, and fees to the Board members. Attorneys fees were
reduced as there are less meetings being held, and management fees were explained as well.
All other expense line items were gone over and the items that are being taken over by the
HOA were noted and removed.
261
Mrs. Kerins asked that $25,000 be inserted for capital landscape improvements, and that will be
done with the possibility of changing it downwards if necessary.
264

Landscape lighting is coming out of this year’s budget, and will be paid for out of reserves.
Access Control and Lighting are being taken out of the CDD budget and handled by the HOA, as
are roadway services. $5,500 is being put in the budget for the speed bumps under capital
outlay improvements for roads.
269
Mrs. Schewitz explained the three months overlap the HOA and CDD have with their fiscal
years, and the precedent was set in the initial agreement to split the costs for key services.
272
With no further comments from the public, on a voice vote by Mrs. Schewitz and a second by
Mr. Esposito, the Board approved the proposed budget as revised. Motion carried 5-0.
275
On a voice vote by Mrs. Schewitz and a second by Mrs. Kerins, the Board adopted Resolution
2020-03, setting the budget public hearing for July 22, 2020 at 8:30 a.m. Motion carried 5-0.
278
Audience Comments
There was no further comment from those attending.
281
Adjournment
With the agreement that the next meeting would be held on July 22, 2020 at 8:30 a.m., to be
determined if in person or be phone conference, and will be the Budget Hearing and the
Parking Rules Hearing, the meeting was then adjourned at 11:32 a.m. on a voice vote by Mrs.
Kerins and a second by Mrs. Stanton. Motion carried 5-0.

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT COLLIER COUNTY, FLORIDA
FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT COLLIER 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 Balance Sheet – Governmental Funds
to 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	13-18	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balance –
Budget and Actual – General Fund	
19	
Notes to Required Supplementary Information	20	
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	

21-22	
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	

23	
MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
24-25	

INDEPENDENT AUDITOR’S REPORT

To the Board of Supervisors
Key Marco Community Development District Collier County, Florida

Report on the Financial Statements

951 Yamato Road ▪ Suite 280 Boca Raton, Florida   33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

We have audited the accompanying financial statements of the governmental activities and the major fund of Key Marco Community Development District, Collier County, Florida (“District”) as of and for the fiscal year ended September 30, 2019, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes 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.

Auditor’s Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with 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. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements 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 entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and the major fund of the District as of September 30, 2019, 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.

Other Matters

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, 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 Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated June 8, 2020, 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, 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.

June 8, 2020

MANAGEMENT’S DISCUSSION AND ANALYSIS

Our discussion and analysis of Key Marco Community Development District, Collier County, Florida (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2019. 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 $4,946,393.

The change in the District’s total net position in comparison with the prior fiscal year was ($31,567), a decrease. 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, 2019, the District’s governmental fund reported an ending fund balance of
$810,048, an increase of $205,747 in comparison with the prior fiscal year. The total fund balance is non-spendable for prepaid items 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 special assessment revenues. The District does not have any business-type activities. The governmental activities of the District include the general government (management) and maintenance 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 one governmental fund for external reporting. Information is presented in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund. The general fund is considered a major fund.

The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund 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,		
	2019	2018	
Current and other assets	$	844,917	$	646,822	
Capital assets, net of depreciation	4,136,345	4,373,659	
Total assets	4,981,262	5,020,481	
Current liabilities	34,869	42,521	
Total liabilities	34,869	42,521	
Net position			
Investment in capital assets	4,136,345	4,373,659	
Unrestricted	810,048	604,301	
Total net position	$ 4,946,393	$ 4,977,960	

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.

The remaining balance of unrestricted net position may be used to meet the District’s other obligations.

GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)

The District’s net position decreased during the most recent fiscal year. The majority of the decrease represents the extent to which the cost of operations and depreciation expense exceeded ongoing program revenues.

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,
2019	2018

Revenues:
Program revenues
Charges for services	
$	617,209	
$	611,423	
Operating grants and contributions	160,810	-	
General revenues	23,871	85,426	
Total revenues	801,890	696,849	
Expenses:
General government	
171,867	
192,078	
Maintenance and operations	661,590	938,107	
Total expenses	833,457	1,130,185	

Change in net position	
(31,567)	
(433,336)	
Net position - beginning	4,977,960	5,411,296	
Net position - ending	$ 4,946,393	$ 4,977,960	

As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2019 was $833,457. The costs of the District’s activities were primarily funded by program revenues. Program revenues, comprised primarily of assessments, increased during the current fiscal year as a result of the District receiving funds from FEMA for Hurricane Irma. In total, expenses, including depreciation, decreased from the prior fiscal year. The majority of the decrease was the result of a decrease in hurricane related expenses and landscape maintenance and repairs.

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. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2019.

CAPITAL ASSETS

At September 30, 2019, the District had $9,630,805 invested in in capital assets for its governmental activities. In the government-wide financial statements depreciation of $5,494,460 has been taken, which resulted in a net book value of $4,136,345. More detailed information about the District’s capital assets is presented in the notes of the financial statements.

ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER EVENTS

The District does not anticipate any major projects or significant changes to its infrastructure maintenance program for the subsequent fiscal year. In addition, it is anticipated that the general operations of the District will remain fairly constant.

CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT

This financial report is designed to provide our citizens, land owners, taxpayers, 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 Key Marco Community Development District’s management at 505 Whiskey Creek Drive, Marco Island, FL 34145.

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT COLLIER COUNTY, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2019

	Governmental
 	Activities		
ASSETS		
Cash	$	836,972	
Accounts receivables	1,492	
Assessments receivable	6,303	
Prepaids	150	
Capital assets:		
Depreciable	2,167,142	
Nondepreciable	 	1,969,203  	
Total assets	 	4,981,262  	
LIABILITIES		
Accounts payable	 	34,869  	
Total liabilities	 	34,869  	
NET POSITION		
Investment in capital assets	4,136,345	
Unrestricted	 	810,048  	
Total net position	  $ 4,946,393  	

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT COLLIER COUNTY, FLORIDA STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

Program Revenues Charges	Operating

Net (Expense) Revenue and Changes in Net Position

for	Grants and	Governmental
Functions/Programs	Expenses	Services	Contributions	Activities Primary government:
Governmental activities:
General government	
$	171,867	
$	171,867	
$	-	
$	-	
Maintenance and operations	661,590	445,342	160,810	(55,438)	
Total governmental activities	833,457	617,209	160,810	(55,438)	

General revenues:
Interest and other revenues	

23,871	
Total general revenues	23,871	
Change in net position	(31,567)	
Net position - beginning	4,977,960	
Net position - ending	$	4,946,393	

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT COLLIER COUNTY, FLORIDA
BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2019

Total
   Major Fund    Governmental
	General	Funds	
ASSETS			
Cash	$	836,972	$	836,972	
Account receivable	1,492	1,492	
Assessments receivable	6,303	6,303	
Prepaids	150	150	
Total assets	$	844,917   $	844,917  

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable and accrued expenses	$	34,869	$	34,869	
Total liabilities	34,869	34,869	

Fund balances: Nonspendable:
Prepaids	150	150	
Unassigned	809,898	809,898	
Total fund balances	810,048	810,048	

Total liabilities and fund balances	$	844,917   $	844,917  

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT COLLIER COUNTY, FLORIDA
RECONCILIATION OF BALANCE SHEET – GOVERNMENTAL FUNDS TO STATEMENT OF NET POSITION
GOVERNMENTAL FUNDS SEPTEMBER 30, 2019

Total fund balances - governmental funds	$	810,048 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	9,630,805	
Accumulated depreciation	 	(5,494,460)	4,136,345  	
Net position of governmental activities	$ 4,946,393	

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT COLLIER COUNTY, FLORIDA
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

Total
   Major Fund Governmental
	General	Funds	
REVENUES
Assessments	
$	617,209	
$	617,209	
Grant revenue	160,810	160,810	
Interest and other revenues	23,871	23,871	
Total revenues	801,890	801,890	

EXPENDITURES
Current:
General government	171,867	171,867	
Maintenance and operations	424,276	424,276	
Total expenditures	596,143	596,143	

Excess (deficiency) of revenues over (under) expenditures	

205,747	

205,747	
Fund balances - beginning	604,301	604,301	

Fund balances - ending	$	810,048   $	810,048  

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT COLLIER COUNTY, FLORIDA
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, 2019

Net change in fund balances - total governmental funds	$	205,747 Amounts reported for governmental activities in the statement of
activities are different because:
Depreciation on capital assets is not recongnized in the governmental fund financial statement but is reported as an
expense in the statement of activities.		(237,314) Change in net position of governmental activities	$		(31,567)

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT COLLIER COUNTY, FLORIDA
NOTES TO FINANCIAL STATEMENTS

NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY

Key Marco Community Development District ("District") was created on July 7, 1992 pursuant to the Uniform Community Development District Act of 1980, otherwise known as Chapter 190, Florida Statutes, under Collier County Ordinance 92-45. 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 of Supervisors of the District exercise all powers granted to the District pursuant to Chapter 190, Florida Statutes.

The Board has the final responsibility for:
Assessing and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
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 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.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

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 benefited lands within the District. Assessments are levied to pay for the operations and maintenance of the District. 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. The District’s annual assessments for operations and debt service are billed and collected by the County Tax Assessor/Collector. The amounts remitted to the District are net of applicable discounts or fees and include interest on monies held from the day of collection to the day of distribution.

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 fund:

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.

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 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:

The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)

Deposits and Investments (Continued)
Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due. In addition, surplus funds may be deposited into certificates of deposit which are insured.

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.

Inventories and Prepaid Items
Inventories of governmental funds are recorded as expenditures when consumed rather than when purchased.

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 estimated fair market 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	
Building and improvements Infrastructure assets Machinery and equipment	10 – 30
10 – 40
20	

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.

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.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)

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.

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.

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

NOTE 4 – 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.

NOTE 5 – CAPITAL ASSETS

Capital asset activity for the fiscal year ended September 30, 2019 was as follows:

Governmental activities
Capital assets, not being depreciated

Beginning Balance

Additions	Reductions

Ending Balance

Land and land improvements

$  1,969,203   $	-	$

-	$   1,969,203

Total capital assets, not being depreciated	1,969,203	-	-	1,969,203	

Capital assets, being depreciated Buildings	

143,369	

-	

-	

143,369	
Improvements	883,297	-	-	883,297	
Infrastructure	6,511,876	-	-	6,511,876	
Machinery & Equipment	123,060	-	-	123,060	
Total capital assets, being depreciated	7,661,602	-	-	7,661,602	

Less accumulated depreciation for: Buildings	

115,866	

4,779	

-	

120,645	
Improvements	693,410	21,108	-	714,518	
Infrastructure	4,408,901	205,274	-	4,614,175	
Machinery & Equipment	38,969	6,153	-	45,122	
Total accumulated depreciation	5,257,146	237,314	-	5,494,460	

Total capital assets, being depreciated, net	
2,404,456	
(237,314)	
-	2,167,142	

Governmental activities capital assets, net	
$ 4,373,659	
$	(237,314)	
$	-	$ 4,136,345	

Depreciation expense was charged to maintenance and operations.

NOTE 6 – LICENSE AGREEMENT

In October 2010, the District entered into an initial five year license agreement with Key Marco Community Association (“KMCA”) wherein the District will have exclusive right and privilege to utilize KMCA’s maintenance building as defined for a monthly license fee of $1,433.33. In connection with this agreement, KMCA is solely responsible for the overall maintenance of such property and related insurance coverage. In December 2015, the District and KMCA entered into a new lease agreement whereby the District will pay $2,553 monthly as a lease payment. The District paid $30,636 for the current fiscal year. The new lease agreement was cancelled as of October 1, 2019.

NOTE 7 – MANAGEMENT AGREEMENT

In February 2017, the District entered into an agreement with the KMCA regarding District management services. Per the agreement, the HOA Manager will provide District management services and will report to both the KMCA Board and the District Board. The District has agreed to pay KMCA an annual management fee of $72,000. The agreement is for a one year term and is automatically renewed for successive one year periods.

For the fiscal year ended September 30, 2019, the District paid the KMCA $48,000 for these services.

NOTE 8 – 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.

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT COLLIER COUNTY, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019

	
Budgeted
 	Amounts	 Original & Final	

Actual Amounts	Variance with Final Budget - Positive
(Negative)	
REVENUES
Assessments	
$	604,608	
$	617,209	
$	12,601	
Grant revenue	-	160,810	160,810	
Interest and other revenues	8,000	23,871	15,871	
Total revenues	612,608	801,890	189,282	

EXPENDITURES
Current:
General government	193,428	171,867	21,561	
Maintenance and operations	407,450	424,276	(16,826)	
Capital outlay	50,000	-	50,000	
Total expenditures	650,878	596,143	54,735	

Excess (deficiency) of revenues over (under) expenditures	

(38,270)	

205,747	

244,017	

OTHER FINANCING SOURCES (USES)				
Use of fund balance	38,270	-		(38,270)	
Total other financing sources	38,270	-		(38,270)	

Net change in fund balances	
  $	-		
205,747	
$	
205,747	

Fund balance - beginning	 	604,301  

Fund balance - ending	$	810,048  

See notes to required supplementary information

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT COLLIER COUNTY, FLORIDA
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the general fund. 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. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2019.

951 Yamato Road ▪ Suite 280 Boca Raton, Florida   33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

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
Key Marco Community Development District Collier 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 the major fund of Key Marco Community Development District, Collier County, Florida (“District”) as of and for the fiscal year ended September 30, 2019, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated June 8, 2020.

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 may exist that have not been identified

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, and 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.

June 8, 2020

951 Yamato Road ▪ Suite 280 Boca Raton, Florida   33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

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
Key Marco Community Development District Collier County, Florida

We have examined Key Marco Community Development District, Collier 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, 2019. Management is responsible for the District’s compliance with those requirements. Our responsibility is to express an opinion on the 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.

In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2019.

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 Key Marco Community Development District, Collier County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

June 8, 2020

951 Yamato Road ▪ Suite 280 Boca Raton, Florida   33431 (561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

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

To the Board of Supervisors
Key Marco Community Development District Collier County, Florida

Report on the Financial Statements

We have audited the accompanying basic financial statements of Key Marco Community Development District ("District") as of and for the fiscal year ended September 30, 2019, and have issued our report thereon dated June 8, 2020.

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 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 June 8, 2020, 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:

Current year findings and recommendations.
Status of prior year findings and recommendations.
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 Key Marco Community Development District, Collier County, Florida and is not intended to be and should not be used by anyone other than these specified parties.

We wish to thank Key Marco Community Development District, Collier 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.

June 8, 2020

REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS

None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS

None

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:

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, 2018.

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, 2019.

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, 2019.

The name or official title and legal authority of the District are disclosed in the notes to the financial statements.

The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.

We applied financial condition assessment procedures and no deteriorating financial conditions were noted as of September 30, 2019. 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.

RESOLUTION 2020-07

A RESOLUTION BY THE BOARD OF SUPERVISORS OF KEY MARCO COMMUNITY DEVELOPMENT DISTRICT ADOPTING AN INTERNAL CONTROLS POLICY CONSISTENT WITH SECTION 218.33, FLORIDA STATUTES; PROVIDING AN EFFECTIVE DATE.

WHEREAS, Key Marco Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes being situated entirely within Collier County, Florida; and

WHEREAS, consistent with Section 218.33, Florida Statutes, the District is statutorily required to establish and maintain internal controls designed to prevent and detect fraud, waste, and abuse as defined in Section 11.45(1), Florida Statutes; promote and encourage compliance with applicable laws, rules, contracts, grant agreements, and best practices; support economical and efficient operations; ensure reliability of financial records and reports; and safeguard assets; and

WHEREAS, to demonstrate compliance with Section 218.33, Florida Statutes, the District desires to adopt by resolution the Internal Controls Policy attached hereto as Exhibit “A”.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF KEY MARCO COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. The Internal Controls Policy attached hereto as Exhibit “A” is hereby adopted pursuant to this Resolution.

SECTION 2. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 3. This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED THIS 22nd DAY OF JULY, 2020.

ATTEST:	KEY MARCO COMMUNITY DEVELOPMENT DISTRICT

Katie Maline, Secretary	Mary Beth Schewitz, Chair

EXHIBIT “A”

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT INTERNAL CONTROLS POLICY

Purpose.

The purpose of this internal controls policy is to establish and maintain internal controls for Key Marco Community Development District.

Consistent with Section 218.33(3), Florida Statutes, the internal controls adopted herein are designed to:

Prevent and detect Fraud, Waste, and Abuse (as hereinafter defined).

Promote and encourage compliance with applicable laws, rules, contracts, grant agreements, and best practices.

Support economical and efficient operations.

Ensure reliability of financial records and reports.

Safeguard Assets (as hereinafter defined).

Definitions.

“Abuse” means behavior that is deficient or improper when compared with behavior that a prudent person would consider a reasonable and necessary operational practice given the facts and circumstances. The term includes the misuse of authority or position for personal gain.

“Assets” means District assets such as cash or other financial resources, supplies, inventories, equipment and other fixed assets, real property, intellectual property, or data.

“Auditor” means the independent auditor (and its employees) retained by the District to perform the annual audit required by state law.

“Board” means the Board of Supervisors for the District.

“District Management” means (i) the independent contractor (and its employees) retained by the District to provide professional district management services to the District and (ii) any other independent contractor (and its employees) separately retained by the District to provide amenity management services, provided said services include a responsibility to safeguard and protect Assets.

“Fraud” means obtaining something of value through willful misrepresentation, including, but not limited to, intentional misstatements or intentional omissions of amounts or disclosures in financial statements to deceive users of financial statements, theft of an entity’s assets, bribery, or the use of one’s position for personal enrichment through the deliberate misuse or misapplication of an organization’s resources.

“Internal Controls” means systems and procedures designed to prevent and detect fraud, waste, and abuse; promote and encourage compliance with applicable laws, rules, contracts, grant agreements, and best practices; support economical and efficient operations; ensure reliability of financial records and reports; and safeguard assets.

“Risk” means anything that could negatively impact the District’s ability to meet its goals and objectives. The term includes strategic, financial, regulatory, reputational, and operational risks.

“Waste” means the act of using or expending resources unreasonably, carelessly, extravagantly, or for no useful purpose.

Control Environment.

Ethical and Honest Behavior.

District Management is responsible for maintaining a work environment that promotes ethical and honest behavior on the part of all employees, contractors, vendors and others.

Managers at all levels must behave ethically and communicate to employees and others that they are expected to behave ethically.

Managers must demonstrate through words and actions that unethical behavior will not be tolerated.

Risk Assessment.

Risk Assessment. District Management is responsible for assessing Risk to the District. District Management’s Risk assessments shall include, but not be limited to:

Identifying potential hazards.

Evaluating the likelihood and extent of harm.

Identifying cost-justified precautions and implementing those precautions.

Control Activities.

Minimum Internal Controls. The District hereby establishes the following minimum Internal Controls to prevent and detect Fraud, Waste, and Abuse:

Preventive controls designed to forestall errors or irregularities and thereby avoid the cost of corrections. Preventive control activities shall include, but not be limited to, the following:

Identifying and segregating incompatible duties and/or implementing mitigating controls.

Performing accounting functions in accordance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) standards.

Requiring proper authorizations to access and/or modify accounting software.

Implementing computerized accounting techniques (e.g. to help identify coding errors, avoid duplicate invoices, etc.).

Maintaining a schedule of the District’s material fixed Assets.

Maintaining physical control over the District’s material and vulnerable Assets (e.g. lock and key, computer passwords, network firewalls, etc.).

Retaining and restricting access to sensitive documents.

Performing regular electronic data backups.

Detective controls designed to measure the effectiveness of preventive controls and to detect errors or irregularities when they occur. Detective control activities shall include, but not be limited to, the following:

Preparing financial reports in accordance with Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) standards.

Reviewing financial statements and investigating any material variances between budgeted expenses and actual expenses.

Establishing and implementing periodic reconciliations of bank, trust, and petty cash accounts.

Establishing an internal protocol for reporting and investigating known or suspected acts of Fraud, Waste, or Abuse.

Engaging in periodic physical inventory counts and comparisons with inventory records.

Monitoring all ACH (electronic) transactions and the sequencing of checks.

Implementation. District Management shall implement the minimum Internal Controls described herein. District Management may also implement additional Internal Controls that it deems advisable or appropriate for the District. The specific ways District Management implements these minimum Internal Controls shall be consistent with Generally Accepted Accounting Principles (GAAP) and otherwise conform to Governmental Accounting Standards Board (GASB) and American Institute of Certified Public Accountants (AICPA) standards and norms.

Information and Communication.

Information and Communication. District Management shall communicate to its employees (needing to know) information relevant to the Internal Controls, including but not limited to any changes to the Internal Controls and/or changes to laws, rules, contracts, grant agreements, and best practices.

Training. District Management shall regularly train its employees (needing the training) in connection with the Internal Controls described herein and promote and encourage compliance with applicable laws, rules, contracts, grant agreements, and best practices.

Monitoring Activities.

Internal Reviews. District Management shall internally review the District’s Internal Controls at least once per year. In connection with this internal review, District Management shall:

Review its operational processes.

Consider the potential risk of Fraud, Waste, or Abuse inherent in each process.

Identify the controls included in the process, or controls that could be included, that would result in a reduction in the inherent risk.

Assess whether there are Internal Controls that need to be improved or added to the process under consideration.

Implement new controls or improve existing controls that are determined to be the most efficient and effective for decreasing the risk of Fraud, Waste or Abuse.

Train its employees on implemented new controls or improvements to existing controls.

External Audits and Other Reviews. Audits and other reviews may be performed on various components of the District’s Internal Controls by the Auditor consistent with Government Auditing Standards (GAS). Audits may identify material deficiencies in the Internal Controls and make recommendations to improve them. District Management shall communicate and cooperate with the Board and the Auditor regarding the potential implementation of Auditor recommendations.

Specific Authority: §§ 190.011(5), 218.33(3), Florida Statutes
Effective date: July 22, 2020

To:	Katie Maline, Key Marco CDD Manager
From:	David Schmitt, P.E.
Date:	July 10, 2020
Subject:	Key Marco Pavement Evaluation & Recommendations

MEMORANDUM
DRAFT

SECTION 1 - INTRODUCTION
As authorized by the Key Marco Community Development District, an evaluation of the existing roadway pavement was completed. The evaluation consisted of walking the existing CDD roadway to identify areas of pavement distress and general condition. These observations were made on June 17, 2020.

The Key Marco CDD is located south of San Marco Road, east of the City of Marco Island. See Exhibit No. 1 and 2 for a General Location Map and Project Map. The CDD was established in 1992 to own, finance and maintain the infrastructure (roads, bridges, drainage) within the development. Construction of the infrastructure occurred in the mid- 1990s. Water and wastewater service is owned and maintained by Collier County and Marco Island Utilities.

There is approximately 3.37 miles (17,800 lineal feet) of two-lane asphalt roadway within the development. The roadway generally consists of two 12-foot traffic lanes with a 5-foot bike lane. See Exhibit No. 3. At the entrance at San Marco Road, there is a Gate House with varying pavement width and paver construction. At the bridge, the bike path is incorporated into the sidewalk similarly as well as at the intersection of Whiskey Creek Drive and Blue Hill Creek Drive.

In conjunction with the roadway infrastructure, drainage is provided. Proper drainage is critical for vehicular safety during storms and for maintaining pavements. Drainage is provided by open roadside swales, catch basins and culverts, treatment areas, and outfalls. The swales also provide for water quality treatment. The stormwater system is permitted through the South Florida Water Management District (SFWMD).

SECTION 2 – PAVEMENT REVIEW AND EVALUATION
On June 17, 2020, a site visit was made to review and evaluate the existing roadways within Key Marco. This review was limited to visual observation and did not include any field surveys or pavement cores. Limited observations were made of the roadway drainage system. In general, the pavement was found in good condition with some areas of distress.

The roadway was divided into four major segments for the evaluation and subsequent recommendations. These segments include:

Section No. 1:	Whisky Creek Drive from the Gate House to the Whiskey Creek Drive bridge. Approximately 3,200 LF of roadway.

Section No. 2:	Whiskey Creek Drive from the bridge to the Blue Hill Creek Drive intersection. Approximately 6,300 LF of roadway.

Section No. 3:      Blue Hill Creek Drive from its intersection to its west end.
Approximately 6,400 LF of roadway.

Section No. 4:      Blue Hill Creek Drive from its intersection to its east end.
Approximately 1,900 LF of roadway.

In Appendix A is a listing by section of the observed pavement distressed areas and deficiencies with the drainage system. In conjunction with the listing in Appendix A, preliminary plans have been prepared identifying the approximate location of deficiencies. These plans have not been included in this report at this time due to the file size.

SECTION 3 – RECOMMENDATION FOR REHABILITATION
Generally, the existing roadway pavements were found in good condition. Immediate needs include those to minimize or eliminate further deterioration. Next are those needed to protect public safety followed by those to remediate pavements in early stages of deterioration and failure. The final level of rehabilitation is the general resurfacing of the pavements.

SECTION 3A – IMMEDIATE NEEDS
Initial areas of concern are to improve roadway drainage to eliminate ponding of stormwater at the edge of pavement and to stop tree root damage to the pavement. The use of roadside flumes to direct water off the pavement is recommended to eliminate ponding. These would typically be at existing catch basin locations; however, there are several locations in which low spots in the pavement exist. Generally, these flumes should be level with the pavement and extend to catch basins as a flat section as not to hinder mowing. While these flumes could be constructed with stone or other materials, concrete would be a durable cost effective material. If desired, the concrete could be stained.

A second area of immediate concern is the area on the south side of the Whiskey Creek Drive bridge where tree root intrusion has and will continue to cause pavement deterioration. At these locations it is recommended that a concrete root barrier be installed at the edge of the pavement.

SECTION 3B – PUBLIC SAFETY IMPROVEMENTS
The existing bike path striping is in poor condition with cracked and chipped thermoplastic striping. It appears that multiple layers of thermoplastic striping may have been installed over the pathways history. The cracked and chipped surface could pose a safety concern

for bike riders utilizing these facilities. It is recommended that the existing striping be removed by water blasting and new striping be installed. Dependent on the schedule of other proposed work, striping could be painted with later phases being thermoplastic striping. At time of restriping, current bike path marking requirements should be reviewed.

SECTION 3C – PAVEMENT REMEDIATION
There have been several areas in which early pavement deterioration and edge failure has been noted. In conjunction with other phased rehabilitation, these areas should be addressed. Where this deterioration is occurring in areas of flume addition or bike path remediation, the pavement remediation should occur as part of those improvements. Other areas may be most effectively addressed with general resurfacing of the pavements.

SECTION 3D – PAVEMENT RESURFACING
General pavement resurfacing is the next level of overall rehabilitation. This work would generally consist of a pavement overlay following remediation of deteriorated areas. Limited milling of the asphalt would be required at existing curbs, driveways, and transition areas. The pavement restoration would need to be scheduled based on general overall condition, amount of remediation work and CDD budgeting. From an appearance standpoint, a pavement with multiple repair sections can be unsightly.

SECTION 4 – TOTAL PROJECT COST
Following is an Opinion of Project Costs by section for the proposed rehabilitation of pavements within the Key Marco CDD. These costs are budgetary in nature and are based on cost data from FDOT and local projects. These costs should be updated to reflect current costs as individual projects are planned.

SECTION NO. 1
Immediate Needs	
$24,000	
Public Safety Improvement	$40,000	
Pavement Remediation	$17,000	
Pavement Resurfacing	 	$172,000  	
TOTOAL COST	$253,000	
SECTION NO. 2
Immediate Needs	
$58,000	
Public Safety Improvement	$80,000	
Pavement Remediation	$115,000	
Pavement Resurfacing	 	$327,000  	
TOTAL COST	$580,000	

SECTION NO. 3		
Immediate Needs	$40,000	
Public Safety Improvement	$80,000	
Pavement Remediation	$30,000	
Pavement Resurfacing	 	$333,000  	
TOTOAL COST	$483,000	

SECTION NO. 4		
Immediate Needs	$11,500	
Public Safety Improvement	$23,000	
Pavement Remediation	$1,200	
Pavement Resurfacing	 	$99,300  	
TOTAL COST	$135,000	
TOTAL PROJECT COST	$1,451,000	

SECTION 5 – PROJECT PHASING PLAN WITH COST

To be determined.

APPENDIX A

KEY MARCO PAVEMENT EVALUATION AND RECOMMENDATION

Listing of Pavement Distressed Areas and Drainage System Deficiencies

SECTION NO. 1 – WHISKEY CRFEEK DRIVE GATE HOUSE TO BRIDGE (3,200 LF)

Located near the guard house there is a section on concrete ribbon curb between the asphalt and the paver blocks that needs to be replaced.
7 SY

There are nine locations where the asphalt near the edge of pavement (edge pavement) needs to be repaired.
126 SY

There are two locations of base failure. This will require removal of asphalt, repair the existing base, and repave.
112 SY

There are three locations where the low spot in the existing swale does not drain to the existing inlet. Regrading of the swale, installation of sod and repair of irrigation will be required.
250 SY

Located at low points in the roadway and at exiting inlets there are nine locations that are proposed to install flumes. The flumes are to be three to four feet in width to match the inlet width. They will extend from the edge of pavement to the inlet or bottom of swale. They are to be installed flush with the asphalt and flush with the top of the inlet.
9 EA

There are four locations where the existing inlet tops are higher than the swale. It is proposed to cut a notch in the inlet to allow flow of stormwater. Notches are to be one foot in width and approximately six inches in depth. Two notches per inlet are required.
4 EA

Since the overall health of the asphalt is in good condition and a complete pavement restoration should not be required for several years, it is suggested that since the existing pavement markings are in bad shape (cracked and chipped), new striping needs to be installed. It is not recommended to install new thermoplastic over the existing where bicycle traffic is anticipated. The additional thickness could cause a tripping hazard. The existing striping on each side of the bike path is to be removed by water blasting before installation of new six inch thermoplastic striping.
6,400 LF Removal and Striping

SECTION NO. 2 – WHISKEY CREEK DRIVE FROM BRIDGE TO BLUE HILL CREEK DRIVE (6,300 LF)

There are six locations where the asphalt near the edge of pavement (edge pavement) needs to be repaired.
239 SY

There are six locations of base failure. This will require removal of asphalt, repair the existing base, and repave.
1,505 SY

There are two locations where there is significant asphalt cracking. In these locations it is proposed to mill the first lift of asphalt, install a geo-web membrane, and asphalt overlay.
1,547 SY

There are two locations where the trees have caused substantial root damage to the roadway. In these areas it is proposed to construct a concrete grade beam. It will be installed flush with the edge of pavement.
389 LF

There are two locations where the low spot in the existing swale does not drain to the existing inlet. Regrading of the swale, installation of sod, and repair of irrigation will be required.
234 SY

Located at low points in the roadway and at existing inlets there are 25 locations that are proposed to install flumes. The flumes are to be three to four feet in width to match the inlet width. They will extend from the edge of pavement to the inlet or bottom of swale. They are to be installed flush with the asphalt and flush with the top of the inlet.
25 EA

There are 20 locations where the existing inlet tops are higher than the swale. It is proposed to cut a notch in the inlet to allow flow of stormwater. Notches are to be one foot in width and approximately six inches in depth. Two notches per inlet are required.
20 EA

Since the overall health of the asphalt is in good condition and a complete pavement restoration should not be required for several years, it is suggested that since the existing pavement markings are in bad shape (cracked and chipped), new striping needs to be installed. It is not recommended to install new thermoplastic over the existing where bicycle traffic is anticipated. The additional thickness could cause a tripping hazard. The existing striping on each side of the bike path is to be removed by water blasting before installation of new six inch thermoplastic striping.
12,600 LF Removal and Striping

SECTION NO. 3 – BLUE HILL CREEK DRIVE FROM INTERSECTION TO WEST END (6,400 LF)

There are ten locations where the asphalt near the edge of pavement (edge pavement) needs to be repaired.
229 SY

There is one location where there is significant asphalt cracking. In these locations it is proposed to mill the first lift of asphalt, install a geo-web membrane, and asphalt overlay.
613 SY

Located at low points in the roadway and at existing inlets there are 20 locations that are proposed to install flumes. The flumes are to be three to four feet in with to match the inlet width. They will extend from the edge of pavement to the inlet or bottom of swale. They are to be installed flush with the asphalt and flush with the top of the inlet.
20 EA

There are sixteen locations where the existing inlet tops are higher than the swale. It is proposed to cut a notch in the inlet to allow flow of stormwater. Notches are to be one foot in width and approximately six inches in depth. Two notches per inlet are required.
16 EA

There is one location where the existing sidewalk is cracked and damaged.
28 SY

There is one location where the existing curb and sidewalk is cracked and damaged.

28 SY CONC
40 LF CURB

There is one location where the swale low point will be difficult to grade. It is suggested that a new inlet and pipe be installed.
1 EA INLET
55 LF PIPE

Since the overall health of the asphalt is in good condition and a complete pavement restoration should be not be required for several years, it is suggested that since the existing pavement markings are in bad shape (cracked and chipped), new striping needs to be installed. It is not recommended to install new thermoplastic over the existing where bicycle traffic is anticipated. The additional thickness could cause a tripping hazard. The existing striping o each side of the bike path is to be removed by water blasting before installation of new six inch thermoplastic striping.

12,800 LF REMOVAL and STRIPING

SECTION NO. 4 – BLUE HILL CREEK DRIVE FROM INTERSECTION TO EAST END (1,900 LF)

This section receives minimal traffic and shows the significant deterioration. It is suggested that this section be scheduled early in overall program for an overlay.

There is one location where the asphalt near the edge of pavement (edge pavement) needs to be repaired.
17 SY

There is one location of base failure. This will require removal of asphalt, repair the existing base, and repave.
178 SY

Located at low points in the roadway and at existing inlets there are six locations that are proposed to install flumes. The flumes are to be three to four feet in width to match the inlet width. They will extend from the edge of pavement to the inlet or bottom of swale. They are to be installed flush with the asphalt and flush with the top of the inlet.
6 EA

There are six locations where the existing inlet tops are higher than the swale. It is proposed to cut a notch in the inlet to allow the flow of stormwater. Notches are to be one foot in width and approximately six inches in depth. Two notches per inlet are required.
6 EA

Dependent on the final schedule for pavement overlay in this section, the existing bike path thermoplastic striping may require removal and replacement. The markings are in bad shape (cracked and chipped). The existing striping should be removed by water blasting prior to restriping.
3,800 LF REMOVAL and STRIPING

APPENDIX B PHOTOS

Concrete ribbon curb cracked Near gate house

Typical base failure along the edge of pavement
(Picture near Clubhouse)

Pavement and base failure
due to water standing on roadway Note: grass build up at edge of Pavement at catch basins.

Thermoplastic striping deteriorated At bike path

Edge of pavement starting to delaminate between 1st and 2nd lifts of asphalt from original construction.

Pavement edge starting to show Deterioration.

Pavement showing
lateral pavement cracking.

Rip‐Rap hindering flow to culvert

Grass build up at edge
of pavement at catch basin

Flume using rock material

Deterioration
due to minimal use.

Cul‐de‐sac showing deterioration due to minimal traffic.

Edge pavement deterioration.

Shared Roadway Safety Reminder

One of the true joys of Key Marco is its ambience for outdoor exercise, walking and biking. There have been concerns about the safety of our residents and guests while sharing the roadway. For the enjoyment and safety of all, we implore you and your guests and vendors to learn and adhere to the rules of the road. Please see the links below for greater detail, but in general:
Adhere to the speed limit. Currently, 20 MPH throughout the community.
Streets are for automobiles, motorcycles, golf carts and cyclists, and all should travel in the direction of traffic.
The NHSTA and State of Florida states that pedestrians, in the absence of sidewalks, should walk in the opposite direction of traffic on the edge of the road. Drivers please be especially cautious rounding curves.
Wear a safety helmet when required. Highly visible lighting and reflective attire are recommended for use when walking or biking at night, including dusk and dawn hours.
Stay in your lane and do not use the middle of the road.
The CDD manager cannot enforce perceived speeding violations or resolve altercations between residents.
Be aware of your surroundings and be courteous and respectful in your communication, even if not reciprocated. Let kindness be your guide.
Federal Pedestrian Road Safety

Florida Pedestrian Road Safety

Federal Bicycle Road Safety

Florida Bicycle Road Safety

Sight N Sound LLC 5722 Sea Grass Lane Naples, FL 34116 US Kurt@sightnsoundfl.com

Estimate

Key Marco CDD 2323 San Marco Rd
<arco Island, FL 34145

ADDRESS

Key Marco CDD Key Marco CDD

SHIP TO

ESTIMATE #	DATE		
1029	06/25/2020		

DATE	SERVICE	DESCRIPTION	QTY	RATE	AMOUNT	
		2020 Christmas Lighting Estimate-				
		All lighting and material provided by				
		Sight N Sound is leased per				
		season. Price includes all material,				
		installation, maintenance through				
		season, and removal at the end of				
		season.				
		Client requested 2 gumbo limbo				
		trees wrapped, and an option for 2				
		Sylvester palm trees wrapped,				
		Garland across top of gates and				
		Key Marco sign, wreaths on each				
		end of Key Marco Sign and 6				
		wreaths on the gates.				
		Client would like lights installed				
		prior to Thanksgiving.				
	Services	10 % discount applied for year 2.		-210.00	-210.00	
	Services	2 Sylvester Palms out front with		400.00	400.00	
		warm				
		white LED 12" Spacing				
	Services	Lighted Garland across top of		400.00	400.00	
		Entrance sign -3				
	Services	Lighted Garland on gates-8		1,300.00	1,300.00	
	Services	6 36" Lighted Wreaths on gates		900.00	900.00	
	Services	Cable Ramp to protect wiring		350.00	350.00	
		across entrance and exit				

Upon acceptance of estimate a deposit will be required to order material and schedule installation. Deposit shall be for the amount of product/material.
Remaining balance will be due upon completion of installation. Please allow a 5-7 lead time.
3% convenience fee will be assessed for all credit card transactions

TOTAL	$3,140.00

Accepted By	Accepted Date

KEY MARCO
COMMUNITY DEVELOPMENT DISTRICT
Unaudited Financial Statements as of
May 31, 2020

TABLE OF CONTENTS

 	Financial Statements - May 31, 2020

 	Bank Reconciliation Report - May 31, 2020

 	Special Assessment Receipts Schedule - May 31, 2020

KEY MARCO		
COMMUNITY DEVELOPMENT DISTRICT		
COMBINED BALANCE SHEET
May 31, 2020		
	
 	Major Funds	 General
 	Fund		
ASSETS:		
Cash	$447,903	
Accounts Receivable	$493	
Assessments Receivable	$22,247	
Investments:		
Investment - Money Market Savings	$458,965	
OTHER ASSETS:		
Prepaid Expenses	 	$1,652  	
TOTAL ASSETS	 	$931,259  	
LIABILITIES:		
Accounts Payable	$18,418	
FICA Payable	 	$92  	
TOTAL LIABILITIES	 	$18,509  	

FUND BALANCES:
Nonspendable:
Deposits and prepaid items	$1,652
Assigned to:
Unassigned	 	$911,098  
TOTAL FUND BALANCES	 	$912,750  
TOTAL LIABILITIES & FUND BALANCES	 	$931,259  

Page 1

KEY MARCO
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ended May 31, 2020

 DESCRIPTION			ADOPTED
 	BUDGET			PRORATED BUDGET THRU 05/31/20		ACTUAL THRU 05/31/20		ACTUAL VARIANCE		CURRENT MONTH 5/31/20	

REVENUES:											
Maintenance Assessments - Levy		$328,143		$328,143		$328,307		$164		$14,726	
Maintenance Assessments - Discounts		($13,126)		($13,126)		($9,599)		$3,527		$0	
User Facility Revenue		$4,000		$2,667		$4,047		$1,380		$327	
Interest Income		$15,200		$10,133		$9,411		($723)		$967	
FEMA Proceeds		$0		$0		$7,062		$7,062		$0	
Miscellaneous Income		$0		$0		$322		$322		$0	
TOTAL REVENUES		 	$334,217  		 	$327,817  		 	$339,549  		 	$11,732  		 	$16,019  	
EXPENDITURES:											
ADMINISTRATION
Supervisors Fees		
$4,800		
$3,200		
$2,600		
$600		
$0	
Fica Taxes		$367		$245		$199		$46		$0	
Engineering Fees		$5,000		$3,333		$0		$3,333		$0	
Attorney Fees		$25,000		$16,667		$19,175		($2,508)		$813	
Management Fees		$30,369		$20,246		$38,428		($18,182)		$4,583	
Property Appraiser		$4,922		$3,281		$1,579		$1,702		$0	
Special Assessments		$1,000		$1,000		$1,000		$0		$0	
Tax Collector		$6,563		$6,563		$6,371		$192		$294	
Accounting Services		$0		$0		$6,000		($6,000)		$1,000	
Audit Fees		$5,000		$3,333		$500		$2,833		$0	
Postage		$175		$117		$119		($3)		$0	
Rentals & Leases		$300		$200		$211		($11)		$36	
Insurance - General Liability		$29,926		$29,926		$28,729		$1,197		$745	
Legal Advertising		$4,000		$2,667		$651		$2,016		$0	
Other Current Charges		$700		$467		$1,639		($1,173)		$233	
Transcribing Costs		$2,400		$1,600		$451		$1,149		$0	
Computer Support		$600		$400		$420		($20)		$0	
Office Supplies		$300		$200		$293		($93)		$0	
Dues, Licenses, Subscriptions		 	$275 		 	$175 		 	$175 		 	$0 		 	$0 	
TOTAL ADMINISTRATION		 	$121,697  		 	$93,619  		 	$108,540  		 	($14,921) 		 	$7,702  	
MAINTENANCE AND LANDSCAPING
Miscellaneous Services		
 	$5,000  		
 	$3,333  		
 	$25,045  		
 	($21,712) 		
 	$0 	
TOTAL MAINTENANCE AND LANDSCAPING		 	$5,000  		 	$3,333  		 	$25,045  		 	($21,712) 		 	$0 	
IRRIGATION SERVICES
Contractual Services		
$0		
$0		
$1,600		
($1,600)		
$0	
TOTAL IRRIGATION SERVICES		 	$0 		 	$0 		 	$1,600  		 	($1,600) 		 	$0 	
CAPITAL EXPENDITURES & PROJECTS
Capital Outlay-Roads		
 	$50,000  		
 	$33,333  		
 	$0 		
 	$33,333  		
 	$0 	
TOTAL CAPITAL EXPENDITURES & PROJECTS		 	$50,000  		 	$33,333  		 	$0 		 	$33,333  		 	$0 	
LIGHTING
Utilities - Electric		
$7,500		
$5,000		
$4,331		
$669		
$583	
R&M - General		$6,000		$6,000		$1,340		$4,660		$799	
Misc-Holiday Lighting		 	$3,000  		 	$2,100  		 	$2,100  		 	$0 		 	$0 	
TOTAL LIGHTING		 	$16,500  		 	$13,100  		 	$7,771  		 	$5,329  		 	$1,383  	

KEY MARCO
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ended May 31, 2020

 DESCRIPTION			ADOPTED
 	BUDGET			PRORATED BUDGET THRU 05/31/20		ACTUAL THRU 05/31/20		ACTUAL VARIANCE		CURRENT MONTH 5/31/20	

ACCESS CONTROL
Contractual Services		

$86,520		

$57,680		

$55,884		

$1,796		

$6,822	
Utilities		$7,500		$5,000		$10,322		($5,322)		$573	
R&M-Gate		$10,000		$6,667		$7,028		($362)		$523	
R&M-Gatehouse		$25,000		$16,667		$19,700		($3,033)		$220	
Operating Supplies-General		 	$2,000  		 	$1,333  		 	$333 		 	$1,001  		 	$0 	
TOTAL ACCESS CONTROL		 	$131,020  		 	$87,347  		 	$93,266  		 	($5,920) 		 	$8,139  	
ROADWAY SERVICES
Repairs & Maintenance		
 	$10,000  		
 	$6,667  		
 	$625 		
 	$6,042  		
 	$0 	
TOTAL GATEHOUSE/CONTROLLED ENTRY SYSTEMS		 	$10,000  		 	$6,667  		 	$625 		 	$6,042  		 	$0 	
TOTAL OPERATIONS & MAINTENANCE		 	$334,217  		 	$237,399  		 	$236,848  		 	$552 		 	$17,223  	
EXCESS OF REVENUE OVER (UNDER) EXPENDITURES		 	$0 		 	$90,418  		 	$102,702  		 	$12,284  		 	($1,204) 	
FUND BALANCE - Beginning		$787,843				$810,048					
FUND BALANCE - Ending		 	$787,843  				 	$912,750  					

KEY MARCO
COMMUNITY DEVELOPMENT DISTRICT
GENERAL FUND

Adopted

Oct-19

Nov-19

Dec-19

Jan-20

Feb-20

Mar-20

Apr-20

May-20

Total

Variance

REVENUES:

EXPENDITURES: 
ADMINISTRATION

Statement of Revenues, Expenditures, and Changes in Fund Balance-Month by Month

001.300.36300.10000	Maintenance Assessments - Levy	$	328,143	$	-	$	88,158	$	161,623	$	9,927	$	14,693	$	9,795	$	14,726	$	29,386	$	328,307	$	(164)	
001.300.36300.10001	Maintenance Assessments - Discounts	$	(13,126)	$	-	$	(3,526)	$	(6,367)	$	(269)	$	(269)	$	(49)	$	-	$	882	$	(9,599)	$	(3,527)	
001.300.36200.10000	User Facility Revenue	$	4,000	$	320	$	397	$	384	$	775	$	654	$	770	$	327	$	419	$	4,047	$	(47)	
001.300.36100.10000	Interest Income	$	15,200	$	1,305	$	1,162	$	1,408	$	1,405	$	1,275	$	1,084	$	967	$	805	$	9,411	$	5,789	
001.300.33100.10000	Fema Proceeds	$	-	$	-	$	-	$	-	$	-	$	6,075	$	987	$	-	$	-	$	7,062	$	(7,062)	
001.300.36900.10000	Miscellaneous Income	$	-	$	19	$	302	$	-	$	-	$	-	$	-	$	-	$	-	$	322	$	(322)	
		$	334,217	$	1,645	$	86,493	$	157,049	$	11,837	$	22,428	$	12,587	$	16,019	$	31,491	$	339,549	$	(5,332)	

001.310.51300.11000	Supervisors Fees	$	4,800	$	600	$	800	$	600	$	-	$	-	$	600	$	-	$	-	$	2,600	$	2,200	
001.310.51300.21000	Fica Taxes	$	367	$	46	$	61	$	46	$	-	$	-	$	46	$	-	$	-	$	199	$	168	
001.310.51300.31100	Engineering Fees	$	5,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	5,000	
001.310.51300.31500	Attorney Fees	$	25,000	$	5,054	$	4,469	$	1,658	$	699	$	2,633	$	-	$	813	$	3,851	$	19,175	$	5,825	
001.310.51300.34000	Management Fees	$	30,369	$	5,223	$	3,207	$	4,583	$	4,583	$	7,083	$	4,583	$	4,583	$	4,583	$	38,428	$	(8,059)	
001.310.51300.32100	Property Appraiser	$	4,922	$	1,579	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	1,579	$	3,343	
001.310.51300.31300	Special Assessments	$	1,000	$	-	$	1,000	$	-	$	-	$	-	$	-	$	-	$	-	$	1,000	$	-	
001.310.51300.31400	Tax Collector	$	6,563	$	-	$	1,693	$	3,105	$	191	$	288	$	195	$	294	$	605	$	6,371	$	192	
001.310.51300.34001	Accounting Services	$	-	$	-	$	-	$	1,000	$	1,000	$	1,000	$	1,000	$	1,000	$	1,000	$	6,000	$	(6,000)	
001.310.51300.32200	Audit Fees	$	5,000	$	-	$	500	$	-	$	-	$	-	$	-	$	-	$	-	$	500	$	4,500	
001.310.51300.42000	Postage	$	175	$	7	$	32	$	27	$	27	$	27	$	-	$	-	$	-	$	119	$	56	
001.310.51300.44000	Rentals & Leases	$	300	$	25	$	25	$	25	$	25	$	25	$	25	$	36	$	25	$	211	$	89	
001.310.51300.45000	Insurance - General Liability	$	29,926	$	27,371	$	-	$	153	$	153	$	153	$	153	$	745	$	-	$	28,729	$	1,197	
001.310.51300.48000	Legal Advertising	$	4,000	$	-	$	-	$	-	$	-	$	-	$	651	$	-	$	-	$	651	$	3,349	
001.310.51300.49000	Other Current Charges	$	700	$	-	$	239	$	234	$	232	$	237	$	233	$	233	$	230	$	1,639	$	(939)	
001.310.51300.42500	Transcribing Costs	$	2,400	$	-	$	56	$	140	$	100	$	155	$	-	$	-	$	-	$	451	$	1,949	
001.310.51300.35100	Computer Support	$	600	$	-	$	-	$	-	$	420	$	-	$	-	$	-	$	-	$	420	$	180	
001.310.51300.51000	Office Supplies	$	300	$	60	$	33	$	-	$	-	$	181	$	18	$	-	$	-	$	293	$	7	
001.310.51300.54000	Dues, Licenses, Subscriptions	$	275	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	175	$	100	
		$	121,697	$	40,140	$	12,115	$	11,571	$	7,430	$	11,783	$	7,505	$	7,702	$	10,295	$	108,540	$	13,157	
MAINTENANCE AND LANDSCAPING											$	-	
001.320.53800.46200	Miscellaneous Services	$	5,000	$	19,058	$	5,867	$	-	$	-	$	-	$	-	$	-	$	120	$	25,045	$	(20,045)	
		$	5,000	$	19,058	$	5,867	$	-	$	-	$	-	$	-	$	-	$	120	$	25,045	$	(20,045)	
IRRIGATION SERVICES	
001.320.53800.35000	Contractual Services	$	-	$	1,510	$	62	$	-	$	28	$	-	$	-	$	-	$	-	$	1,600	$	(1,600)	
		$	-	$	1,510	$	62	$	-	$	28	$	-	$	-	$	-	$	-	$	1,600	$	(1,600)	
CAPITAL EXPENDITURES & PROJECTS	
001.320.53800.60000	Capital Outlay-Roads	$	50,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	50,000	
		$	50,000	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	50,000	
LIGHTING										$	-	$	-	
001.320.53800.43000	Utilities - Electric	$	7,500	$	-	$	3,177	$	1,016	$	1,980	$	655	$	416	$	583	$	(3,496)	$	4,331	$	3,169	
001.320.53800.46000	R&M - General	$	6,000	$	-	$	-	$	291	$	250	$	-	$	-	$	799	$	-	$	1,340	$	4,660	
001.320.53800.52005	Misc-Holiday Lighting	$	3,000	$	-	$	2,100	$	-	$	-	$	-	$	-	$	-	$	-	$	2,100	$	900	
		$	16,500	$	-	$	5,277	$	1,307	$	2,230	$	655	$	416	$	1,383	$	(3,496)	$	7,771	$	8,729	
ACCESS CONTROL										$	-		
001.330.53800.34500	Contractual Services	$	86,520	$	6,822	$	8,127	$	6,822	$	6,822	$	6,822	$	6,822	$	6,822	$	6,822	$	55,884	$	30,636	
001.330.53800.43000	Utilities	$	7,500	$	708	$	5,888	$	2,603	$	1,264	$	2,297	$	1,214	$	573	$	(4,226)	$	10,322	$	(2,822)	
001.330.53800.46000	R&M-Gate	$	10,000	$	-	$	-	$	291	$	291	$	291	$	291	$	523	$	5,342	$	7,028	$	2,972	
001.330.53800.46001	R&M-Gatehouse	$	25,000	$	9,680	$	470	$	1,094	$	4,641	$	465	$	340	$	220	$	2,790	$	19,700	$	5,300	
001.330.53800.52000	Operating Supplies-General	$	2,000	$	17	$	266	$	-	$	-	$	50	$	-	$	-	$	-	$	333	$	1,667	
		$	131,020	$	17,227	$	14,751	$	10,810	$	13,018	$	9,925	$	8,668	$	8,139	$	10,729	$	93,266	$	37,754	
ROADWAY SERVICES										$	-		
001.340.53800.46000	Repairs & Maintenance	$	10,000	$	-	$	-	$	225	$	-	$	-	$	400	$	-	$	-	$	625	$	9,375	
		$	10,000	$	-	$	-	$	225	$	-	$	-	$	400	$	-	$	-	$	625	$	9,375	
	TOTAL OPERATIONS & MAINTENANCE	$	334,217	$	77,934	$	38,073	$	23,913	$	22,706	$	22,362	$	16,988	$	17,223	$	17,647	$	236,848	$	97,370	
													
	EXCESS OF REVENUE OVER (UNDER) EXPENDITURES	$	0	$	(76,290)	$	48,420	$	133,135	$	(10,869)	$	66	$	(4,401)	$	(1,204)	$	13,844	$	102,702	$	(102,701)	

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
General Fund FIFTH THIRD BANK

Month Ending	 	May-20	

Balance Per Bank Statement	 	$456,590.05		
Add: Transfers/Deposits in Transit	 	$0.00		
Less: Outstanding Checks	 	($8,687.51)		
Balance Per Bank	 	$447,902.54		

Beginning Bank Balance Per Books	 	$448,653.61	 Cash Receipts	 		$16,537.22	
$0.00	PR
Cash Disbursements	 	($17,004.80)	AP	
$35.87	Interest
($89.11)	City of Marco Island
Adjustments	 	($230.25)	Service Charge

Balance Per Books	 	$447,902.54	

BR040M-B	OUTSTANDING CHECK LISTING	AS OF	5/31/2020	RUN	7/03/2020	PAGE	1
CMPY-001 KEY MARCO CDD-GENERAL FUND	BANK-A	KEY MARCO CDD
CHECK#	TYPE	SYSTEM	CHECK DATE	CHECK AMT	EMP/CUS/VEN#	DESCRIPTION
002608	R	AP	05/27/2020	232.00	7	CASAGRANDE ELECTRIC
002611	R	AP	05/27/2020	290.85	17	CYPRESS ACCESS SYSTEMS, INC.
002612	R	AP	05/27/2020	120.00	39	LANDSCAPE FLORIDA
002613	R	AP	05/27/2020	912.56	29	LCEC PAYMENT PROCESSING
002614	R	AP	05/27/2020	25.00	12	ROBERT FLINN RECORDS CENTER
002615	R	AP	05/27/2020	6,822.40	4	SECURITAS SECURITY SERVICES USA,I
002616	R	AP	05/27/2020	100.00	21	TROPICAL CLIMATE SOLUTIONS
BANK TOTAL	8,502.81
COMPANY TOTAL	8,502.81

BR040M-A	CHECKS WRITTEN LISTING	AS OF	5/31/2020	RUN	7/03/2020	PAGE	1
CMPY-001 KEY MARCO CDD-GENERAL FUND	BANK-A	KEY MARCO CDD
CHECK#	TYPE	SYSTEM	CHECK DATE	CHECK AMT	EMP/CUS/VEN#	DESCRIPTION 002599		R		AP	05/06/2020		880.00		6	AIDA LORA
002600	R	AP	05/06/2020	155.00	41	PAM ARSENAULT
002601	R	AP	05/06/2020	422.50	2	COLEMAN, YOVANOVICH & KOESTER, P.
002602	R	AP	05/06/2020	23.41	26	COLLIER COUNTY PUBLIC UTILITIES D
002603	R	AP	05/06/2020	290.85	17	CYPRESS ACCESS SYSTEMS, INC.
002604	R	AP	05/06/2020	1,000.00	1	GMS - SO FLORIDA, LLC
002605	R	AP	05/06/2020	4,583.00	32	KEY MARCO COMMUNITY ASSOCIATION
002606	R	AP	05/06/2020	120.00	39	LANDSCAPE FLORIDA
002607	R	AP	05/06/2020	651.00	11	NAPLES DAILY NEWS
002608	R	AP	05/27/2020	232.00	7	CASAGRANDE ELECTRIC
002609	R	AP	05/27/2020	262.78	33	CENTURYLINK
002610	R	AP	05/27/2020	113.45	34	COMCAST
002611	R	AP	05/27/2020	290.85	17	CYPRESS ACCESS SYSTEMS, INC.
002612	R	AP	05/27/2020	120.00	39	LANDSCAPE FLORIDA
002613	R	AP	05/27/2020	912.56	29	LCEC PAYMENT PROCESSING
002614	R	AP	05/27/2020	25.00	12	ROBERT FLINN RECORDS CENTER
002615	R	AP	05/27/2020	6,822.40	4	SECURITAS SECURITY SERVICES USA,I
002616	R	AP	05/27/2020	100.00	21	TROPICAL CLIMATE SOLUTIONS
BANK TOTAL	17,004.80
COMPANY TOTAL	17,004.80

BR040M-B	OUTSTANDING CHECK LISTING	AS OF	5/31/2020	RUN	7/03/2020	PAGE	1
CMPY-001 KEY MARCO CDD-GENERAL FUND	BANK-P	KEY MARCO CDD
CHECK#	TYPE	SYSTEM	CHECK DATE	CHECK AMT	EMP/CUS/VEN#	DESCRIPTION

050003	R	PR	03/18/2020	184.70	3	MARY BETH SCHEWITZ	
		BANK	TOTAL	184.70			
		COMPANY	TOTAL	184.70			

(SOUTH FLORIDA)
P.O. BOX 630900 CINCINNATI OH 45263-0900

KEY MARCO COMMUNITY DEVELO C/O INFRAMARK
210 N UNIVERSITY DR STE 702 CORAL SPRINGS FL 33071-7320

0

788

Statement Period Date: 5/1/2020 - 5/31/2020 Account Type: BUS MONEY MARKET Account Number: 7927107313

Banking Center: Marco Island Banking Center Phone: 239-389-1800
Business Banking Support: 877-534-2264

Account Summary - 7927107313

05/01	Beginning Balance	$458,195.55	Interest Earned	$769.16	
	Checks		Number of Days in Period	31	
	Withdrawals / Debits		Annual Percentage Yield Earned	1.99%	
1	Deposits / Credits	$769.16	Interest Earned YTD	$3,759.05	
05/31	Ending Balance	$458,964.71			
			
Deposits / Credits
Date	
Am ount	1 item totaling $769.16
Description	
05/29	769.16	INTEREST	

Daily Balance Su m m ary
Date	Am ount
05/29	458,964.71

IF YOU USE TREASURY MANAGEMENT SERVICES, PLEASE NOTE THAT WE HAVE UPDATED OUR TERMS AND CONDITIONS. GO TO 53.COM/TM-TC TO VIEW.

For additional information and account disclosures, please visit www.53.com/businessbanking

Page 1 of 2

KEY MARCO
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2020

ASSESSMENTS - TAX COLLECTOR

$328,143.00	$328,143.00
FY 2020	TOTAL
.36300.10000

		100.00%	100.00%	
DATE	DESCRIPTION	GROSS AMOUNT	DISCOUNTS/PENALTIES	COMMISSIONS	INTEREST	NET RECEIPTS		O&M Portion	Total	

11/18/19	
05/31/19-10/31/19	
$19,590.64	
$783.63	
$376.14	
$0.00	
$18,430.87		
$18,430.87	
$18,430.87	
11/27/19	11/01/19-11/15/19	$68,567.24	$2,742.66	$1,316.49	$0.00	$64,508.09		$64,508.09	$64,508.09	
12/12/19	11/21/19-12/06/19	$151,827.46	$6,073.04	$2,915.09	$0.00	$142,839.33		$142,839.33	$142,839.33	
12/27/19	12/07/19-12/19/19	$9,795.32	$293.86	$190.03	$0.00	$9,311.43		$9,311.43	$9,311.43	
1/21/20	12/20/19-01/15/20	$9,795.32	$269.36	$190.52	$0.00	$9,335.44		$9,335.44	$9,335.44	
1/29/20	INTEREST	$0.00	$0.00	$0.00	$131.75	$131.75		$131.75	$131.75	
2/24/20	01/16/20-02/19/20	$14,692.98	$269.38	$288.47	$0.00	$14,135.13		$14,135.13	$14,135.13	
3/17/20	02/20/20-03/17/20	$9,795.32	$48.98	$194.93	$0.00	$9,551.41		$9,551.41	$9,551.41	
4/8/20	INTEREST	$0.00	$0.00	$0.00	$32.52	$32.52		$32.52	$32.52	
4/27/20	03/17/20-04/22/20	$14,692.98	$0.00	$293.86	$0.00	$14,399.12		$14,399.12	$14,399.12	
5/27/20	04/23/20-05/20/20	$7,346.49	($220.38)	$151.33	$0.00	$7,415.54		$7,415.54	$7,415.54	
6/5/20	05/21/20-05/31/20	$2,448.83	($73.46)	$50.45	$0.00	$2,471.84		$2,471.84	$2,471.84	
6/16/20	DELINQUENT	$19,590.64	($587.72)	$403.57	$0.00	$19,774.79		$19,774.79	$19,774.79	
	TOTAL	$328,143.22	$9,599.34	$6,370.88	$164.27	$312,337.27		$312,337.27	$312,337.27	
										
Assessed on Roll:								100%	Gross Collected	
										
	GROSS AMOUNT		ASSESSMENTS	ASSESSMENTS	ASSESSMENTS	AMOUNT				
	ASSESSED	PERCENTAGE	COLLECTED	TRANSFERRED	TRANSFERRED	TO BE TFR.				

O & M	
$328,143.00	
100.0000%	
$312,337.27	
($312,337.27)	
($312,337.27)	
$0.00				
TOTAL	$328,143.00	100.00%	$312,337.27	($312,337.27)	($312,337.27)	$0.00				

NOTICE OF LANDOWNERS’ MEETING AND ELECTION AND MEETING OF THE BOARD OF SUPERVISORS OF KEY MARCO COMMUNITY DEVELOPMENT DISTRICT

Notice is hereby given to the public and all landowners within Key Marco Community Development District (the “District”), which district is located within the incorporated area of the City of Marco Island in Collier, County, Florida, advising that a meeting of landowners will be held for the purpose of electing three (3) persons as Supervisors to the District’s Board of Supervisors (“Board”). Immediately following the landowners’ meeting there will be convened a meeting of the Board for the purpose of considering certain matters of the Board to include election of certain District officers, and other such business which may properly come before the Board.

DATE:	November 18, 2020
TIME:	8:30 a.m.
PLACE:	Key Marco Community Center
505 Whiskey Creek Dr. Marco Island, FL 34145

Each landowner may vote in person or by written proxy. Proxy forms may be obtained upon request at the office of the District Manager, 505 Whiskey Creek Dr., Marco Island, FL 34145 (“District Manager’s Office”). At said meeting, each landowner or his or her proxy holder shall be entitled to nominate persons for the position of Supervisor and cast one vote per acre of land, or fractional portion thereof, owned by him or her and located within the District for each person to be elected to the position of Supervisor. A fraction of an acre shall be treated as one acre, entitling the landowner to one vote with respect thereto. Platted lots shall be counted individually and rounded up to the nearest whole acre. The acreage of platted lots shall not be aggregated for determining the number of voting units held by a landowner or a landowner’s proxy. At the landowners’ meeting the landowners shall select a person to serve as the meeting chair and who shall conduct the meeting.

The landowners’ meeting and the Board of Supervisors meeting are open to the public and will be conducted in accordance with the provisions of Florida law. One or both of the meetings may be continued to a date, time, and place to be specified on the record at such meeting. A copy of the agenda for these meetings may be obtained from the District Manager’s Office. There may be an occasion where one or more supervisors will participate by telephone.

Any person requiring special accommodations to participate in these meetings is asked to contact the District Manager’s Office at (239) 394-4346, at least 48 hours before the meeting. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY) / 1- 800-955-8770 (Voice), for aid in contacting the District Office.

A person who decides to appeal any decision made by the Board with respect to any matter considered at the meeting is advised that such person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which the appeal is to be based.

Katie Maline District Manager
Run Date(s): October 23, 2020 and November 4, 2018

July 22, 2020

Governmental Management Services, South Florida, LLC 5385 N. Nob Hill Road
Sunrise, FL 33351

Via Certified Mail / Return Receipt: 7018 0360 0000 2086 0094

To whom it may concern,

In accordance with the Accounting and Financial Reporting Services Agreement dated November 20, 2019, please be advised that we wish to terminate our agreement for services effective September 30, 2020.
Please arrange to have all Key Marco records, paper and electronic, forwarded to: Key Marco Community Development District
505 Whiskey Creek Drive
Marco Island, FL 34145

Should you have any questions or concerns, please feel free to call me at 239-394-4346 or email katie@managerkeymarcohoa.org.

Sincerely,

Katie Maline, CAM District Manager
Key Marco Community Development District

505 Whiskey Creek Drive  Marco Island Florida 34145 239-394-4346