Community Development District

NOTICE OF

KEY MARCO COMMUNITY DEVEOPMENT DISTRICT BOARD OF SUPERVISORS
REGULAR MEETING

October 19, 2017 @ 8:30 a.m.

Meeting Location:

Key Marco Community Center 505 Whisky Creek Drive Marco Island, Florida 34145

Community Development District
Board of Supervisor's Regular Meeting October 19, 2017 at 8:30 a.m.
505 Whiskey Creek Drive Marco Island, FL 3414$

AGENDA

Note! Requests to address the Board on all subjects, which are not on today’s agenda, will be accommodated under 'Public Comments'.

Any person who deckles to appeal a decision of this Board will need a record of the proceedings pertaining there to and May need to unsure that a verbatim record of these proceedings is made at their expense.

Any person requiring special accommodations at this meeting because of a disability of physical impairment should contact the District Office at 239-394-446 at least five days prior to the  meeting.

7- Call to Order
2.	Roil Call
3.	Approval of Agenda.
4.	Audience Questions and Comments on Agenda Items
5.	Special Guest Speaker, Clark Ryals, Forester and Samantha Quinn, Wildfire Mitigation Specialist State of Florida Forestry Division
6.	Approval of August 24 2017 Budget Hearing arid Regular Meeting Minutes
7.	Approval of September 21, 2017 Regular meeting Minutes
8.	Specific Items of Old Business
9.	Specific Items of New Business

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10.	Staff Reports!
1} District Counsel — Greg Urbancic 2} District Consultant 0- Neil Dorrill
a)	FEMA Application Update
b)	Financial Statement ending August 31, 2017 3} District Manager — Katie Marine
a)	Post Hurricane Irma Update
b)	Street Light Repairs
c)	Entry Access Key Pad Directory/Security Card's
11.	Supervisors Request and Comments
12.	Audience Questions and Comments
13.	Schedule Next Meeting Date and Time
14.	Adjournment
2.	

Community Development District

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
2017-2018 BUDGET HEARING AND REGULAR BOARD MEETING AUGUST 24, 2017
(Not Approved)

The Board of Supervisors of the Key Marco Community Development District met at 8:30 a.m. on Thursday, August 24, 2017, at the Key Marco Community Center, Marco Island, Florida_

APPEARANCES:

ALSO PRESENT:	Maureen McFarland, Chairman/Treasurer
Johanna Parkes, Supervisor/Assistant Secretary (Via Speakerphone) Corrie Grady Supervisor/Assistant Secretary
Patty Quartuccio, Supervisor/ Assistant Secretary

Katie Maline, Manager
Greg Urbancic, District Counsel
Neil Dorrill, Dorrill Management Group	

ROLL CALL/APPROVALOF AGENDA

Mrs. McFarland indicated that a quorum was in attendance, and Mrs. Maline indicated that that the meeting had been property noticed on August 4 and August 18.

Three Board members were in attendance, and Mrs. Parkes was participating via speakerphone.

On a MOTION by Mrs. Grado and a second by Mrs. Quartuccio, the Agenda as presented was unanimously approved by the Board.

KM CDD Board or Sup-1'050U Meeting & Rivh3et hearing Minute August 24, Z017 (Not Approved)	1 Page

PUBLIC COMMENT ON AGENDA ITEMS

Mr. Robert Pritte, Roeztel & Andress, PA addressed the Board, noting that he was present on behalf of Gerry Tsandoulas who was also in attendance_ {inaudible comments.) Mr. Pritte had some comments related to item 9A, which will be addressed when that item comes up under Supervisors Requests and Comments.

On a MOTION by Mrs. Quartuccio and a second by Currie Grado, the minutes were unanimously approved by the Board.

SPECIFIC ITEMS OF OLD BUSINESS
There were no items noted to be discussed under Old Business. SPECIFIC ITEMS OF NEW BUSINESS
Resignation of Richard Perrv/Appointment of New Supervisor

An email was received from Richard Perry resigning as supervisor. Mr. Urbancic indicated that when there is a resignation, pursuant to Florida Statutes the Board has the authority to appoint a supervisor for the balance of the term. However, the Board wishes to do that, then, they have the authority.

Mrs. Grado then made a MOTION to appoint Mary Beth Schewitt to fill the  vacated chair  for the balance of the term. Mrs. Quartuccio seconded the Motion, which was unanimously approved.

Mrs. McFarland then noted that Mrs. Schewitz k presently traveling, as is Mrs. Parkes. Mr. Perry is also away from Key Marco. This continues to be a problem as many Key Marco residents do travel quite a bit, and a quorum is necessary at meetings. She asked for anyone who is interested in serving on the Board and can commit to being at the meetings to advise her.

Mary Beth Schetivitz will be sworn in by to the next meeting, and Mr. Perry will be provided with the appropriate documents for resignation. Mrs. Maline indicated that Mr. Perry had received the appropriate forms and they have been submitted in to the state, and Mrs. Sehewitz will be provided with the necessary documents to serve as a member of the Board a5 well.

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STAFF REPORTS

District Counsel- Greg Urbancic, Coleman, Yovanovich & Koester P.A.

Resolution 2017-05

This item amends Resolution 2017-04 which set a hearing for August 17 on the budget, but due to a quorum issue the meeting was not able to be convened. August 24 was then advertised as the public hearing, arid this Resolution essentially is resetting the pub hearing and ratifying the actions of the District Manager to do so.

On a MOTION by Mrs. 5rado and a second by Mrs. Quartuccio, the Board unanimously approved Resolution 2017-04 changing the date of the public hearing and regular meeting to August 24tn, 2017.

Resolution 2017-06

In doing some housekeeping and checking some of the older records of Key Marco„ it was discovered that this District does not have a Defense Resolution, which should have been adopted at the time the District was formed, A Defense Resolution basically states that the Board can stand behind the various supervisors and officers of the District if they are sued.

There are exclusions to this, for example, if you were to commit a tort {wrongdoing)., or if you were to do something that was not within the scope of your duties or not for a public purpose.

The Defense Resolution is very broad, and was read into the record by Mr. Urbanacic, as follows:

A Resolution setting forth the policy of Key Marco Community. Development District Board of Supervisors with regard to the support and legal defense of the Board of Supervisors and District officers, and provide an effective date_

It is recommended for Board approval_

Mrs, McFarland noted that they would like it to include former supervisors as well as existing, because if people in the community are going to volunteer and give their best efforts, the District should support them in this regard. Mr. Urbancic checked the Statute and determined that it also covers former Board members.

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On a MOTION by Mrs. Grado and a second by Mrs. Quartuccio. Resolution 2017-06 providing support and legal defense to former and existing Board members was unanimously approved by the Board.

Mr. Dorrill asked about Mrs. Parkes' participation.

On a MOTION by Mrs. McFarland and a second by Mrs. Grad o, the Board unanimously agreed that Mrs, Parkes could participate fully by phone with the voting at this CDD meeting.

Amended and Restated District Management Agreement with DorriII Management Group

This item related to the restated agreement with Dorrill Management, and it was tor. Urbancies recollection that the Board authorized him to move forward with this. He was not sure, however, that it was ever executed. Mrs. Moline indicated that it was approved at the March 11 meeting, but never signed.

Mr. Urbancic indicated that if it has already been approved, then it was not necessary to re- approve Mr, Urbancic recommended the execution of the document be part of the record today. Mr. Urbancic also noted that the agreement terms come to a close September 30, 2917, Mr. Dorrill that he had been asked by Mrs. Maline if he would be willing to extend the agreement for an additional fiscal year and would he provide a proposal for future services. Additionally, it was noted by Mr. Urbancic that the District shall have the option to extend the Agreement for an additional six (5) months.

District Consultant— Neil DornII, Donrill Management Group

Mr. Dorrill advised that he had nothing to report other than he had coordinated a number of business items with Mrs. Maline in advance, and in particular action must be taken on acceptance of the audit for 2016, and later in the meeting some issues related to the next year's budget will be ad dressed.

District Manager — Katie Maline, District Manager

Johnson Engineering Pavement Condition Report

This report was provided to the Board members, and indicated that there were several items that needed to be completed in 2017, along with a study of the rest of the roads and what they would need to have done in the future.

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Several of these projects have already been lined up by Mrs. Wine, and once firm, qualified bids are obtained they will be brought back to the Board for a vote of approval. That work, once approved, will be done in fiscal year 2018.

Mr. Krutisch has looked through the report and had two comments, one regarding the drainage problems in certain areas of the roadways. Johnson Engineering recommended that the turf be lowered so the water can KAI over it more readily. Mr, Krutisch noted that a similar situation existed in front of Mr. Midkifrs home, and the solution suggested by Johnson Engineering was tried and did not work in this case removing the turf from the roadway edge reduced its stability and the street edges have now deteriorated. If the grass is higher than the edge of the roadway it gives some stability. Mr. Krutisch's recommendation would be to remove the turf in certain sections where the drains are located, and to replace the stones, gravel or concrete flumes,

The second item in the engineering report that Mr, Krutisch noted would be to divide glue Hill Creek between the western and eastern parts, with the eastern part being the last phase as there is less traffic there and it is in much better shape than the western side. Blue Hill Creek is in much better shape than Whiskey Creek, which has much more traffic and much more moisture in the ground near the roadway.

Mrs, Grado noted that in some communities, Hideaway for instance, they have built up the areas where the grass meets the tarmac, and a concrete flume is put in place to divert the water to the catch basins. Mr. Krutisch has seen those, and agreed that they are good but much more expensive than his option.

Mrs. McFarland noted that they also recommend silt fences to keep the gopher tortoises from crossing the streets, but Mr. Krutisch indicated that this option was only for the construction phase.

Mr. Dorrill pointed out a Schedule 2 on the report which is the engineer's schedule  of  probable costs, and the recommendation is far about $43,000 worth of work to construct concrete flumes or spill ways to get the water down into the catch basin area. This is contemplated for next year, Mrs. Grade asked about how this would fit into the budget, and whether it would be less expensive to do a good bit of the work now. The biggest portion of work would be about $200,000 first, and then $500,000 in 2020 and 21, with the total being
$1,500,000 through 2036.

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Mrs. McFarland suggested that a committee be put together of people who would have the necessary understanding and expertise, including Mrs. Maline as this would be a massive infrastructure improvement for the community. She appealed to the engineers who were present to give an opinion on how best to address this, and Kevin Kerins suggested that the committee would look at what needs to be done and then prioritize it, He added that if the necessary work is done now, perhaps some of the other suggested work would not have to be done.

Mrs. McFarland asked Mrs. Maline if she would be willing to spearhead or coordinate this project for the community, and Mrs. Maline indicated that she would sit down and review it with Mr. Kerins, who agreed to that, and with other experts in the field who live in the community.

Policy! Relating to the Use of District Counsel

While there has been a policy in place addressing this item, it was determined to be necessary to change certain items. It was important that all District supervisors be aware that they can contact Mr. Urbancic if they have an immediate concern or question. The previous policy did not permit that The only condition is that they advise Mrs. Maline that they have done so to make it easier to keep the billing straight. Mrs. Maline will only contact Mr, Urbancic if she after first discussing with the Chairperson. The CDD Chair will be copied on these contacts,

Mr. Urbancic noted that the existing resolution which was done in 2033 would then have to be amended, and he will get that to Mrs. Maline. Only CDD Supervisors have the authority to directly contact legal counsel.

A MOTION was then made by Mrs, Grado and seconded by Mrs. Quartucdo to amend the 2113 Resolution to allow the individual supervisors to contact Mr. Urbancic with anything of immediate concern, and to then advise Mrs. Mane and Mrs. McFarland so an accurate record can be kept of changed. The Motion passed unanimously.

Adoption of the Key Marco COD Public Records Policy

A policy has not been in place on this issue, and should simply state that the Florida Constitution and Public Records Law provide the right to inspect and copy records unless specifically exempted. This polite will be put in place, and will be as follows:

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If anyone has a request for records, they should first contact Mrs. Maline who will reply to them by acknowledging that the request was received, and ask for clarification on what is being requested if necessary. If she does not have the requested document she will refer them to the record custodian, and further she will provide an estimate to them of what the copies will cost per page, administrative time. She will also provide estimated fees so the requesting party can determine if they want the records or not. The policy is posted on the website, and a copy of it will be provided to anyone by Mrs. Maline upon request

Mrs. Maline will also get copies of the States policy on public records, which are very similar to what Key Marco is putting in place. Copies will be 15 cents each, and Mrs. Maline's time and costs gathering the information will also follow the State guidelines. Mr, Urbancic advised the Board that the costs are statutory, and ITIOUSI be followed, and additionally there are only certain times when administrative costs can be charged. All requests will be evaluated to determine if those costs will apply. Mr. Urbancic added that there is not a clear benchmark as to determining costs and when they should apply, as the requirements change and are driven by case law. It really depends on the scope of the records request and how long it will take to respond to the request.

The exemptions to record requests have to be looked at, and there are also cases where you cannot charge people for certain things. All of that has to be looked at, and Mr. Urbancic felt that Mrs. Maline has already done a number of these request and was fairly good at determining how long something was going to take.

Mrs. Nicfarland advised that they have read through the statute on this issue, and Mrs. Maline found the governor's policy on it as well. They will be following the governor's policy, as that office must follow the statutes as well. Mr. Urbanolc reminded them that whatever the costs are, they are, as they are statutorily driven, so there is no question there.

A MOTION was made by Mrs. Grado and seconded by Mrs, Quartuccio to approve the policy as outlined, and unanimously approved.

Key Marco Triathlon Request for Approval -- October 1, 2017

The insurance certificates have been received for this event, and once permission is received from the Board for them to run through Key Marco on the date noted above, the deposit of
$250 wiII be collected.

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Mrs, McFarland reminded the Board of the previous organization's failure to remove the paint that was sprayed on the streets for the triathlon last year, and indicated that no property can be defaced, including paint on the roadways. Mrs. Maline has made this very clear to the triathlon organizers, and added for the record that the deposit from last year was not returned to the event organizers. Mrs. McFarland suggested that the deposit be increased so there will be incentive not to deface Key Marco in any way.

Mr. Urbancies recollection was that the Board had adopted a resolution on access to the community for special events. That should be checked to make sure that any action the Board takes coincides with what is in that resolution, which can be modified at the discretion of the
Board.

After a brief discussion, a MOTION was made by Mrs. Grado, to increase the $250 deposit amount for the special event from $250 to $1,000.

Mrs. Parkes asked what the $1,000 amount was based on, and whether this amount was necessary to repair the damage from the last race. Mrs, Grade indicated that it took six months to get the paint off the roadways, which had to be done by Key Marco as the event coordinators would not come back to fix it This amount would give them the incentive to leave Key Marco the way they found it, as there was also quite a bit of litter left behind. Mrs. McFarland felt that is an incentive for people to respect the Key Marco property, Mrs. Parkes indicated that this made sense to her.

The Motion was then seconded by Mrs, Quartuccio and unanimously approved by the Board,

Mrs. Resident asked if the removal of signs would be part of the requirements, as the previous year it took quite some time before the signs were taken down. Mrs. Wine indicated that they will make sure that the signs are removed. Mrs. Grado added that the porta-potty also remained on Key Marco for a while, and Mrs. Maline will make sure that the contract includes the requirement for immediate removal of all signs and portable toilets after the triathlon is over.

Board -approval of 2017-2018 Key Marco CDD Proposed Meeting Schedule

The CDD meetings will be scheduled for the third Thursday of each month at 8:30 a.m. This information has also been posted on the website. These are proposed meetings only, and Mrs. Maline will keep the information updated and posted.

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Mr. Urbancic indicated that the Board should officially adopt that schedule, and on a MOTION by Mrs. McFarland and a second by Mrs. Grado, the Board unanimously approved the meeting schedule as proposed,

Request for Approval for Lowest and Responsible Bidders for the following:

1.	Bridge and Sidewalk repairs- Quality Enterprises - S13,723.75

Mrs. Manna asked for approval from the Board to sign this contract, which is for work that was recommended by Johnson Engineering, including the wobbling sidewalk concrete slabs, the replacement of an expansion joint, and two sidewalk repairs. Mrs. McFarland briefly explained the engineer's report, a copy of which is available to anyone who is interested. With the upkeep of the bridge, its estimated continued life is 75 years,

In response to a question from Mrs. Parkes the previous month, Mrs. Maline indicated that the maximum weight for the bridge is 36 tons, which was confirmed by DOT. Most vehicles, including the standard 18-wheel truce, are no more than. 22 tons.

On a MOTION by Mrs. McFarland and a second by Mrs. Grado, the Board unanimously approved the Bridge and Sidewalk repair by Quality Enterprises.

2.	Aggressive Vine Removal-Crawford Landscaping - $10,400

This removal will also include the vine roots, and Mrs. Maline suggested that this work should be part of the annual budget. Mr. Krutisch asked when this work will be done and was advised that it will be done right away once it is approved by the Board. Mr. Krutisch wondered if it could wait until the end of April or May, which is the end of the dry season, and most of the vines will be weaker and easier to remove. Additionally, it may be less expensive at that point. Mrs. Maline felt that as some of the vines are out of control now, it may be best to address the problem immediately.

Member, Dayna Mulhbach, asked if the trees on both sides of the roadway would be cleaned up, as a large oak directly across from their home is covered with vines that are killing the foliage. She was advised that all of the trees along the right of ways would be taken care of.

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On a MOTION by Mrs. Grado and a second by Mrs. Quartuccio, the Board unanimously approved the immediate removal of the vines in the trees on Key Marco by Crawford Landscaping,

Vine removal will be a regular budget item on an ongoing basis.

3.	Gatehouse Roof Replacement — Robert Kettelle Roofing - S14,550

Mrs. Maline asked for approval of this work so it can be placed on the schedule for October 2017. The same roof tile that is presently on the community center will be used, which is a concrete tile as opposed to terra cotta which is no longer available. In response to Mrs. Grado's concern about the tiles cracking when they are walked on during cleaning, Mrs. Maline indicated that in the future all cleaning will be done from a eh en-y picker.

It was suggested that as there will be some changes to the interior of the community center in the near future, the Board may want to consider a different style of roofing for the gate house roof which can be installed at the community center in the future.

Mr Grado noted that if the community center roof was redone sometime in the next few years would the Board consider a metal roof in the terra cotta color, as Key Marco's look does need to be upgraded.

Mrs. Maline suggested that they approve the work, and she will then have the contractor bring some other options for the Board to look at. Mrs. McFarland asked if this item could wait until the next meeting in September, and Mr. Krutisch added that the roof work should not be done during the rainy season. The [bard then agreed that this would be put on the agenda for the following month, when more options for roofing could be looked at and a different look for Key Marco could be considered.

4.	Insurance Renewal — PR IA $27,658

This insurance covers inland marine, general liability, automobile liability, physical damage, Workman's Comp and Public Officials Employment Practices Liability. An attempt was made to put this item out to bid, but the insurance companies that were contacted indicated that they needed anywhere between GO and 100 days prior to the renewal date to prepare a quote. PRIA is the same company the District has been using for at least eight years, and their premiums fell under budget.

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while this renewal comes due on October first, Mrs. McFarland would like to compare  the proposal to those of the last couple of years. PRIA has been an excellent company for the District, and the costs have gone down, but she wished to make sure that the coverage had riot changed and that no terms had been changed. As a former insurance agent, Mrs, Maline felt that perhaps Rick McDonnell could give them some input on it as well. Mrs. Maline indicated that the insurance renewal had to be signed by September 14th in order for it to be effective on October 1, 2017,

Mrs, McFarland suggested that they call their agent just to make sure everything is as it should be, and in the meantime perhaps the Board can approve the renewal subject to confirming that the coverage is exactly as it was the previous year. Mrs. Grade asked if a month's extension on the policy could be obtained, but apparently insurance companies do not offer that. Mr. Dorrill suggested that the Board could cancel the policy if necessary after approving its renewal today for a minimum amount of money.

On a MOTION by Mrs. McFarland and a second by Mrs. Grade, Mrs. Maline was unanimously authorized to proceed with the PRIA insurance renewal subject to the confirmation that there have been no changes in the levels or exclu.si tins of the coverage.

Mrs. Maline and Mrs. McFarland will get together and go through the policy with the insurance agent, PRIA. Rick McDonnell will also be asked to participate in this call,

Mrs. McFarland also noted that there are four streetlights that are out and need to be fixed, and Mrs. Maline gave a brief summary of their history, noting that they were converted from standard lighting and poles to decorative lights at the time they were converted to LEDs. The problem is with the style of light they are using in the fixtures and they ate continuing to burn out. The solution has not been found yet. Mrs. Maline contacted REEB Electrical Engineers and they are dissecting a light fixture to determine why they keep burning out, and will let the Board know what the issue is. Mrs. Maline asked that she be notified if there is a street light out and the general area.

This topic is related to Fire-Wise concerns that were previously expressed by a landowner. Mrs. McFarland noted that this item has been discussed at the last two meetings, but asked Mrs. Maline to summarize those findings. The Marco island Fire Chief„ Ray Munyon did a ride through Key Marco, and agreed with landowner's recollection that there was a fire on Key Marco in 2009 and the valves to turn the fire hydrants on could not be found. This was corrected by the City of Marco Island. Chief Munyon also confirmed that all fire hydrants have

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been inspected and are up to date including the main valve above ground junction located at the Intersection of Whiskey Creek & Blue Hill Creek Drive's.

As another note, the Forestry Division came to Key Marco arid after going through the neighborhood indicated that they felt the neighborhood was very fire wise.

Mrs. Maline has arranged for the Forestry Division to come to the October meeting to talk to the residents on how to fire wise their homes and what to do in the event of a fire,

SUPERVISORS' REQUESTS AND COMM Eras

Discussion of CDD Dissolution arid Vote

At the last meeting which was held in May, Mrs. McFarland made a presentation regarding the dissolution of the COD. She and Carl Mildlkiff had spent the previous year reviewing the status of the CDD for Key Marco, which was established by one of the developers of Key Marco in order to issue bonds to help fund the infrastructure of Key Marco. Those bonds were paid off in December of 2013.

The decision was made to see if a COD was still needed at Key Marco, and whether it made sense to have the expenses of two boards when the HOA Board only would suffice. The pros and tons of having a CDD were discussed in detail at the May meeting and the Supervisors were encouraged to look through the relevant statutes. The question before the Board today is whether to continue with the idea of dissolving the CDD.

There will not be a vote at this meeting on dissolving the COD, but given the feedback from various members of the community, Mrs. McFarland felt that the consensus is that dissolving the COD does make sense to the community, and the pros outweighed the cons.

The Board members were asked what their feelings were as to dropping the idea or continuing forward. Mrs. Grado felt that they should continue forward with the idea of dissolving the COD, and one of the main reasons in her mind was the difficulty of getting volunteers to serve on either board., that it would make better financial sense, and she felt that the community in general agreed that it was time to move forward with only one board.

Mrs. McFarland agreed, reminding those present that with two boards there are two sets of financial statements, two treasurers, two websites, and with only 29 homes with only half being full time residents, It is a cumbersome arrangement for this small community.

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Mr. Kerins stated that it was his understanding that the only reason a CDD Board was created was to issue the bonds, and now that they are gone, the CUD was not necessary. He also felt that the cost of the CDD is dose to $75,000„ and that money could certainly be used elsewhere. He agreed that it is a big burden on our small community,

One of the recommendations received from a community member was to get a report from the auditor, c5rau and Associates, on their estimate of the annual costs for a CDD. Mrs. McFarland noted that every year the costs change, and in the three estimates she has obtained it is between $55,000 and $85,000 a year.

Mr. Krutisch pointed out for the record that the Homeowner's Association also has costs because of the CDD, such as the question of security, as under the CDD the roads are public and there are people in and out all the time, using the dock, going in and out of the Horr house, and making Key Marco less secure against crime.

Mrs, Quartuccio agreed that the CDD should be dissolved, and added that she was surprised when she moved to Key Marco to discover that there were two separate Boards. In all probability the bridge will be good for another 75 years, and if it must be replacer', there are several other options other than bonds for funding a large infrastructure repair or replacement, A CDD is the preferred vehicle for a developer, but for an HOA community, there are other ways to fund.

Mrs. Parkes agreed with many of the arguments for dissolving the CDD, but she did have a concern about the potential legal liabilities, and further discussion should be had with the attorney. She added that they did not want to create a situation where they found themselves involved in a legal battle for years to come„ which would hurt the community. She added that as many residents as possible should be involved in the final decision, but she is tor continuing to look at this. Mrs. McFarland agreed, arid indicated that they will continue to look at the whole issue very carefully, and do their due diligence as far as making this decision.

Mrs. McFarland added that they have met with expert attorneys in this field of law.

Mrs. Parkes wanted to make sure that the Board does everything possible to investigate what potential liability there might be, and Mrs. McFarland agreed completely.

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Mrs. McFarland felt that it would important to have expert counsel present when these discussions were held. The $25.,000 that the Board allotted for legal research has been spent by Mrs. McFarland and Mr. Midkiff, which is why the attorney is not present at the meeting,

Mrs. McFarland then asked if anyone had anything further to say before the Board made the decision on whether to pursue this issue or not. She noted that this was the appropriate time in the CDD meeting to state opinions and ask questions, and encouraged everyone present who had an opinion or a question to please use this time to do so.

Dawn Aitken head asked how much opposition there was to the dissolving of the CDD, arid Mrs. McFarland indicated that they had received notice from one lot owner and two homeowners that they were opposed to it.

(Mr. Tsandoulas' and Mr. Pritter’s comments were inaudible.) (Overtalk)
Mr. Tsandoulas and his counsel were asked to speak at this time as it was designated for
comment from the audience. They declined to speak.

Mr. Urbancic indicated that there would be a series of resolutions that the Board of Supervisors would be considering. Mr. Pritte would like to see the resolutions when they are ready so that he and his client could comment on them.

Mr. Krutisch noted that the overwhelming majority response to the issue of dissolving the CDD was positive to move forward with it.

Mrs. McFarland noted that she had also got-ten a very professional email from Michael Rechtin the previous day, asking the Board to wait on the vote for dissolution, as he would like to have more information about it before the Board makes the informed decision. She appreciated that professional email that he sent, which was one of the three that Mrs. McFarland counted questioning the dissolution. Mrs. Rechtin also wrote an email several months ago asking for some issues to be addressed, which was received by Mrs. McFarland and Mrs. Grado.

Mr. Krutish also spoke about the ongoing problem with the unlimited access the general public had to Key Marco, often to the detriment of the property rights of the residents. Not only have people come through his property to see the bay, but they go through the Horr’s House and use the marina, which is private property as well.

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Mrs. McFarland reiterated that it was always good to get people's opinions, to have them addressed in an open forum where they could be considered and addressed. At the next meeting she was hopeful that counsel could attend and walk those present through the timing of the dissolution of the CDD.

Mrs. McFarland then asked for a vote of the supervisors as to whether they should move forward with the process of the dissolution of the CDD. She reiterated that there will not be a vote on the dissolution itself today; that would be a formal vote to be held at a later time.,

A MOTION was then made by Mrs. Grado and second by Mrs. Quartuccio to move forward with the process of dissolution of the CDD.

Mrs. Parkes indicated that she did not fully understand the Motion, and Mr. Urbancic explained that the gist of the Motion was not the final approval of dissolution, but only for authorizing Mrs. McFarland and Mr. Midkiff to move forward with bringing the plan forward. There will be a series of resolutions that will happen at a later stage, but at this point Mrs. McFarland is ascertaining if there is still interest from the Board to move forward with the process,

The Board members then unanimously approved the Motion. FINANCIALS
Board Approval of Voiding Check 3234

Mr. Dorrill advised the Board that this was a housekeeping matter where after discussion it was agreed that an old receivable which was in anticipation of some trimming and pruning costs should be written off. The Treasurer and Mr. Dorrill are both recommending that the Board authorize the write off of that amount of $7825.

On a MOTION by Mrs. McFarland and a second by Mrs. Grado, the Board unanimously approved the voiding of Check number 3234 in the amount of $7,825.

Review of Financials

The April, May and June Financials were included for the Board, and Mr. Dorrill asked them to look ahead to the most recent ones from June. As of the end of the third quarter, June 20, there was $1,044,000 in cash against $69,000 in payables. The statement of revenue and

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expenses showed almost $70,000 coming in during the month of June, a reflection of the proceeds from the tax sale conducted by the tax collector_ There were no unsold certificates for this year, and 100 percent of revenue has been received through the end of June_

Mr, Krutisch asked about the $129,000 in cash received which will be used for the remaining months of the fiscal year, which means that there will be no deposits made into the reserves_ He was concerned about this as the report from Johnson Engineering showed quite of work is necessary on the roadways. He felt that the Board needed to pay special attention to the reserves. Mrs. McFarland agreed, and indicated that they had addressed that in the upcoming budget as capital outlay.

On a MOTION by Mrs. McFarland and a second by Mrs. Gracdo, the financials were then unanimously accepted by the Board,

Board Approval of the Audited Financial Report for Fiscal Year Ending September 30, 2010

For purposes of forwarding the Annual Audited Report to the State, Mr. Dorrill asked for approval of the report, and noted that he was very happy with Grado and Associates, which specialize in COD public accounting- In their letter to management they indicated that once again the 2016 audit for Key Marco was a dean one, with no findings of conditions and no recommendations of existing financial emergencies. Their review of internal controls and compliance issues were all dean, which were specifically outlined on Page 25 of the audit.

Mr. Dorrill suggested that the Board may find it interesting to review the management discussion analysis that was separately prepared.

Additionally, looking at some of the footnotes and schedules, note 5 showed a slight decline in the total assets of the District, all attributable to depreciation on the infrastructure.

Mrs. McFarland agreed that Grau and Associates was doing a very good job for them and she is pleased with them as well. They are very responsive to questions and they are charging much less than the District has paid in the past.

On a MOTION by Mrs. McFarland and a second by Mrs. Quartuccio, the independent audit was unanimously accepted by the Board.

16	Page
7	
PUBLIC HEARING AND APPROVAL OF PROPOSED 2017/2018 GENERAL FUND BUDGET

Mr. Dorrill opened the public hearing for final consideration and formal adoption of the general fund budget for the 2018 fiscal year. Copies were provided to the Board members and some suggested changes have been made since it was initially reviewed and approved irk May. Once questions have been taken from the public, two resolutions will be adopted to formally adopt the budget and associated assessment roll.

Mr. Dorrill provided a few quick highlights of the budget to those present, noting that in recognition of the road analysis and the bridge analysis, there are some proposed major capital improvements contemplated for the coming year. Additionally, there are some administrative cost center increases proposed for additional legal expenses, should they be necessary, beginning in October for special counsel as part of the evaluation of the dissolution of the District.

Once the budget is approved for purposes of sending it to the County which occurred in may the rate of assessment cannot be increased. Any additional spending as alluded to will be addressed under the revenue section with a number called Revenue Carry Forward. Key Marco has approximately $1,000,000 in cash„ and at year's end that amount will be carried forward and shown on the balance sheet as cash. For budget purposes, $347,000 of that amount will be recognized, and with offsets on the expense side showing these major capital improvements which the Board did not originally recognize in May. Under capital outlay there is about $303,000 for capital improvements which were not there originally, and under proposed management and legal fees, $25,000 is shown for legal fees in the coming year, and the management fees attributable to the Homeowners' Association in recognition of Mrs. Mane's work have increased to $80„000.

Those were the only real substantive changes, and Mr. Dorrill asked Mrs. McFarland if she had any further comments. Mrs. McFarland felt that Mr. Dorrill's summary was very good, and addressing Mr. Krutisch's comment, she indicated that the capital outlay section showed
$230,000 for the roads being budgeted, and the bridge repair streetlight project and guard gate roof have all been put in the budget for the coming year. Additionally, the land lease for
$31,000 which is transferred over to the I-10A was shown, and the amount of money paid for Mrs. Maline going to the HOA, as the District pays $72,000 of the $90,000 of that line item.

Mr. Krutisch asked if the road repairs were coming out of the reserves, and Mrs. McFarland indicated that they were definitely coming out of the savings they have in cash, which is why

KM CDD Ford of Supervisors Mewing & Rudget Hearing Minutes August 24, 2017 (Not Approved)	17 Page

the allocation to cash is so large. Ft is meant to be used for large infrastructure projects such as the bridge and the road. If the Board decides to do that work, the money is in that fund and allocated in the budget.

Mr. Kerins talked about the maintenance yard that needed to be cleaned up, and he was told that the CDD was going to return it in the condition they received it. Suggestions have been made for its use, including a garden, but it must be cleaned up first.

Mrs. McFarland indicated that when they leased the maintenance yard they did agree that when they stopped the lease they would return it in the condition it was found, and it is not there. She agreed that the yard needs to be returned to the way it was when leased to the CDD, and she would support getting that done. Mr. Krutlsch noted that one of the reasons it wasn't done was that they did not know what was going to be done with it There was some discussion about it and many ideas were suggested, but for now he was not sure whether the concrete should be removed as they may decide they need it for something in the future,

Mrs. McFarland asked if this item could be put on the agenda for the September meeting, and Mrs. Maline was asked to work with the HOA and a CDD Board member to see if there were any thoughts about what would make sense for this yard, and a determination must be made as to what the CDD should do to put it back as it was if that is what the HOA wishes.

Mr. Kerins felt that it would be difficult to determine what can be done with it in the state it now is, and perhaps the concrete should be removed. It way agreed that Mrs. Maline will work with both Hoards over the next month and at the September meeting it will be discussed, as the District does not want to carry a continued liability for this area. Mr. Krutisch indicated that if the costs would be $1,000 to $2,000 then it would make sense to do it now. Mrs. Grado asked if the HOA would accept it the way it is now, and was advised by Mr. Kerins he would vote against it, and that it would be relatively inexpensive to scrape off the concrete that is there.

A MOTION was then made by Mrs. McFarland and seconded by Mrs. Grade, to close the public hearing for the 2018 Budget on a unanimous vote of the Board.

A second MOTION was then made by Mrs. Grado and seconded by Mrs. McFarland to adopt Resolution 2017-07 to adopt the Budget for fiscal year 2018 for maintenance and operations. The total budget for the District is $956,145, and passed unanimously.

A third Motion was then made by Mrs. McFarland and seconded by Mrs. Grado to adopt Resolution 2017-08 to adopt the assessment and assessment role for purposes of

18	Page
18	
transmitting it to the property appraiser and tax collector for Inclusion on the tax bill that will go out in November and passed unanimously. The total rate of assessment for non ad valorem assessments is $529,800, and the rate is $4,700 per lot as established by the Resolution.

FINAL AUDIENCE QUESTIONS AND COMMENTS

Mr. Krutisch asked if the allocated funds for costs and allocated income tax deductible costs were noted so the information can be given to the residents for their CPA to make note of the difference in their personal taxes and what is deductible. Mr. Morrill indicated that this had not been done, but certain tax professionals will indicate that based on Treasury or IRS rules that while the non-ad valorem assessment appears on the property tax bill, the entire bill is deductible for personal tax returns,

Mr. Kerins spoke to the concept of designated reserves that must be set up that way in the budget, and some of these are deductible and some are not. Mrs. McFarland indicated at this point that no one was giving any tax advice, but merely speaking about what they have heard in an informal, open forum.

NEXT MEETING SCHEDULE/ADJOURNMEN

It was agreed that the next meeting would be held on Thursday, September 21st at 8:30 a.m. and the meeting was adjourned on a MOTION by Mrs. McFarland and a second by Mrs. Grady at 10:25 a.m.

19	Page
18	

Community Development District

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
SEPTEMBER Z1, 2017
(Not Approved)

The Board of Supervisors of the Key Marco Community Development District met at 8:30 am. on September 21. 2017, at the Key Marco Community Center, Marco Island, Florida.

APPEARANCES;	Maureen 'McFarland, Chairman/Treasurer
Carrie Grado Supervisor/Assistant Secretary Mary Beth Schewitz, Supervisor/Ca-Chair

ALSO PRESENT:	Katie Wine, Manager/Secretary
Neil Dorrillr Dorrill Management Group

ROLL CALL /APPROVAL OF AGENDA

Mrs. McFarland indicated that a quorum was in attendance, and Mrs. Maline advised that Mary Bath Schewitz had been sworn in as a Board member the previous day and a quorum was  present.

On a MOTION by Mrs. Grade and a second by Mrs, Schewitz, the Agenda as presented was
unanimously approved by the Board_

PUBLIC COMMENT ON AGENDA ITEMS

Mr. Tsandoulas requested a copy of the agenda and was provided with one, as he had not received one due to the lack of internet service.

KM CDD September 21, 2017 Regular Board of Supervisors Meeting,, (Not approved) 1 Page

Mrs. McFarland took the opportunity to thank Mrs. Maline for her efforts to make sure nothing fell through the cracks and that things get done as soon as possible during this difficult time, Post Hurricane Irma.

Mrs. Maline then connected with two participants via conference call.

Mrs. McFarland then asked if anyone had any comments on the agenda items,

Mr. Dorrill noted that he realized counsel was not present, but it was his understanding that anytime the Board replaces a supervisor who resigns you also need to reaffirm or elect officers again, This will be done under new business, and Mrs. Maline will 3150 be designated as the secretary Of assistant secretary.

APPROVAL OF AUGUST 24 REGULAR MEETING MINUTES

These minutes were tabled as there were several corrections that needed to be made, Mrs. Maline will correct the minutes arid send them to the Board in the next meeting packet.

SPECIIC ITEMS OF OW BUSINESS
No items of old business were addressed. SPECIFIC ITEMS OF NEW
BUSINESS Election of New Officer

Mrs. McFarland advised those present that anyone who wished to serve as a specific officer, to please indicate that. She hoped that over time the Board positions can be rotated, and new residents can come onto the Board. She added that when she first joined the Board it was very helpful to have the experience of the sitting Board members, and after some time it becomes easier to perform responsibilities of the different offices.

On a MOTION by Mrs. McFarland and a second by Mrs. Grado the new slate of officers was offered as follows: Maureen McFarland, Chairman/Treasurer; Co-Chair, Mary Beth Schewitz; Secretary, Katie Ma I finer Assistant Secretary. Carrie Grado. The Motion passed unanimously.

A member of the audience noted many residents are only part time, and Mrs. Maline added that for a CDD, to be on the Board of Directors you must be a Florida resident.

KM CDD September 21,2017 Regular Board of Supervisors Meeting (Not approved} 2 Page

STAFF REPORTS

There were no reports from District Counsel or from the District consultant.

District Manager

Request for Approval of Lowest and Most Responsible Bidder of CDD 'Accounting 5.ervices.

Currently Dora! Management Group (DMG) has been providing accounting related services and consultation of government reporting. The District solicited bids for the scope of services DMG has provided since February 2017.

The agreement between DMG and the Key Marco CDD expires September 31:1, when the new fiscal year begins. Several firms were solicited to do the accounting and government reporting compliance functions, and Severn Trent was the lowest qualified bidder at $14.150 annually for these two functions.

Mrs. McFarland reminded those present at this point that they hired a new auditor within the last two years, Grau and Associates, and that they are very pleased with the work they are doing, their accessibility and their reason a bay cost.

Mr. Dorrill indicated that he had a suggestion that would perhaps help, and this was to grant a 90-day extension to Dorrill Management Group's current agreement. The scope of the agreement that he has with the Board is to attend all meetings and to provide administrative and accounting support. He added that it would be helpful to have his experience with the filing necessary for FEMA reimbursement, as Dorrill Management began working with Key Marco immediately following Hurricane Wilma, and was successful in getting substantial reimbursements from FEMA for the CDD. Mr. Dorrill also noted that they would need this three-month extension to prepare the year end financials, and the accruals and schedules so that they can be submitted for the audit.

Mrs. McFarlane asked Mrs. Maline what her thoughts were and she indicated that she would appreciate Mr. Dorrill's assistance with that work, as he has a long history with the County, and the FEMA application process is a complicated one. Ms. McFarland indicated that from a treasurer's point of view that made a lot of sense, to use the same accountant for the next three months so the yearend financial statements earl he prepared and filed. It was agreed that Severn Trent would possibly start at the beginning of the calendar year.

KM COD September 21, 21317 Regular Board of supervisors Meeting ;(Not approved)	3 Page

Mr, Dorrill then clarified their discussion, stating that it would be a simple three-month extension until the end of the calendar year, and that they would  prepare  and  file  the  required year end documents, They would then input the new budget into their accounting system, and if the Board wishes to go with Severn Trentr then they will have  the ability to  do  that He felt that this was the simplest way to do the transition, and both Mrs. McFarland  and  Mrs. Maline agreed.

Mr. Dorrill added that he did not think that this was the best week to make changes in financial accounting and recording and compliance. Mrs. McFarland asked if there were any questions from an accounting and compliance, FEMA application and consulting for Mrs. Maline standpoint, and Mrs. Grad° felt that it was a good idea as well.

Mrs, Grado then made a MOTION to amend the agreement lay three months with the additional assistance with the FEMA process made by Mr. Dorrill,

Mr. Dorrill then indicated that Mrs, Maline functions as the manager, and there is a contract in place where she is an employee of the Homeowners Association. There is also a contract in place between the CDD and the HOA, where the HOA provides the role and duties of the District manager, which are spelled out in Chapter 190 of the Florida Statutes. But extending the contract for BO days will be seamless, and Mrs. McFarland added that, it is part of the contract that is presently in place with Dorrill Management Group, that it can be extended for another six months.

The Motion was then seconded by Mrs, Schewitz and unanimously approved by the Board

Mrs. McFarland noted that there were some questions she had on the Financials for July and on the budget, and Mr. Don-ill and Mrs. McFarland agreed that they would meet with both Leigh Bryant and Mrs, Maline in the near future to address those issues.

Mr. Tsandoulas then noted that he had some observations on the Severn Trent issue before it was voted on, and Mrs, McFarland explained that this vote would not be taken today, as they had extended Don-ill Management Groups agreement to the end of December.

KM ODD September 21, 2017 Regular Board of supervisors meeting (Not approved) 4 Page

Crawford Landscaping - Post Hurricane Irma

For the Record a Category 4 Hurricane Landing on Marco Islond September 10, 2017

Mrs. Moline advised the Board that Crawford Landscaping was given authorization to enter Key Marco, post Hurricane, to begin storm clean up to include removing and clearing debris blocking roadways, driveways, vehicles and building entrances. The fees are $60 per man hour for the hurricane cleanup work as distinguished from the general landscaping work they regularly do $105 per machine hour for the booms, trucks, small loaders and chipper. Dumping & Fuel fees and Tree Staking is charged by time and materials.

Mrs. McFarland requested a definition of "dumping fees" Mrs. Maline replied it is defined as mowing the debris from the maintenance yard to another facility outside of Key Marco. It is possible, however, that a great deal of the debris oar' be chipped and used for mulch by Key Marco.

Mrs. Maline felt that Crawford's storm response procedures were very good. They were in Key Marco Wednesday, following the storm, and began removing the large debris from the roadways, driveways and building entrances, and where it was blocking vehicles. They are presently removing the debris as quickly as possible and will next start staking up palms and other trees that can be saved as determined by the arborist. Their priority at this time is to chip and remove as much of the debris as possible from the roadways and right of ways.

Mr_ Krutisch asked if the HOA areas would he addressed when the CDD areas were completed, and Mrs. Maline advised him that this will be done. This way the billing will be separated, and Mr. Krutisch suggested that they haul away the debris from the CDD areas before they begin on the HOA areas, as hauling from the maintenance yard will be very costly. It is hoped that FEMA will pay for the debris that must be removed. If that cannot be done, Crawford will be hired to haul the big debris away as well. Again, the priorities are to get the right-of-way's cleared and safe, and then the HOA common area properties will be addressed.

The fire hydrants have had the debris cleared away from them in the event they need to be used. There is a break in the sprinkler system, Crawford Irrigation has been called -to come address the issue. The system is working, but a notice of high flow rate has been received which indicates that water is leaking somewhere.

KM CD September 21, 2017 Regular Board of Supervisors Meeting (Not approved) 5 P a g e

The Crawford Crews have been spending hours at Key Marco, and Mrs. Grado noted that she felt $60 was very expensive for a per man hour price, not including equipment. She realized that there were not many options, arid Mrs. Maline and Mrs. McFarland agreed, noting that it was post hurricane.

Crawford is fully insured and know the property, they are very respectful and there are very few complaints about them. A resident indicated that he would be concerned about the amount being charged for machines, as that can add up quickly, and suggested that they get the machines they are charging for defined, Mrs. Maline will continue to monitor what they are doing, added that the normal crew that comes to Key Marco on Monday, Wednesday and Friday are part of the regular contract with Crawford. This new crew is part of the hurricane authorization, which was not negotiated with Crawford beforehand.

Mrs. McFarland reminded those present that this is a learning experience, and the Board agreed that a daily equipment check to determine what they are being charged for would be a reasonable request if their invoice does not list that. It is Crawford's practice to list everything on their regular monthly billing, and Mrs. McFarland felt that they would do the same for the hurricane billing.

In response to a question from a resident, Mrs. Maline indicated that the regular crews have been in doing as much of their regular work as possible, For example, they cleaned up around the community center, picked up tiles and small debris, and did some mowing. If there is something that cannot be moved or handled, that will be done by the hurricane crew, Mr. Krutisch noted that it was important to get the mowing done, as if the grass gets too Icing the sprinklers will not work correctly.

Mrs. Maline will continue to direct the regular crews when they are at key Marc❑ to do this necessary work. A resident asked about a tree service man who had come to give a proposal on work. Mrs. Maline has not yet heard from him, but she does have his business card. There have been several companies that have offered their services, and if necessary, they can be contacted noting that they must be licensed and insured. Mrs. McFarland noted that they are juggling costs and how quickly they want things done, and Mr. Krutisch felt that the most important thing has been getting the right-of-way cleaned, and everything else will take time but will eventually get done.

When season is over they will get a better price on hauling things away, and Mrs. McFarland noted that they will wait for FEMA's response as well, and that they should not be in a rush to get everything done immediately.

KM CDD September 21., 2017 Regular Board of Supervisors Meeting (Not approved)	6 Page

Mrs. Grado suggested that as they are going in stages with the cleanup, with the CDD first and then the HOA areas, the Bougainvillea that is by the mailbox is loved by everyone, and if they are cut back very short they will come back tremendously.
Mrs. Maline agreed, and noted that some fairly heavy trimming will be done. She asked everyone to understand that this has to be done, as everything is brown due to the saltwater, cutting them back will help them bloom, and this is already happening.

Mrs. Schewitz asked if there was a timeline on righting uprooted trees, as they will probably only live a certain amount of time. Mrs. Maline indicated that she will defer to the arborist to determine whether a tree will stay or go. Trees will be lost, and almost every Hong Kong orchid came down and cannot be saved. The arborist is going through the neighborhood making determinations on this, and will advise Mrs. Maline when he has a complete picture, Mrs. Grado noted that the Tsandoulas' lost their gumbo limbo tree but these trees are very forgiving, and will grow quickly from a small twig. Mr. Krutisch added that they do come down, however., so they should not be planted close to a house.

Johnson Engineering report on Roadways

According to the report received from Johnson Engineering, there are a number of catch basins that have never been cleaned out along the roads, which causes a drainage problem. A company rifled Earth view was asked to come in to bid on this work which involves 79 storm drains and culverts and gave a price of $10,000, which Mrs. Maline felt was reasonable.

Mrs. Maline indicated that she can go out and get additional bids if the Board wished„ but she felt that this company had the best equipment. This does not have to be done before October or November, but she was looking for direction from the Board. Mrs. McFarland indicated that she was comfortable with Mrs. Maline making the decision, and it was felt that this was a reasonable price.

PRIA Insurance Claims

Mrs. Maline indicated that she had filed insurance claims for the gatehouse, the roadways and the bridge and street lights for the CDD. The adjustor was at Key Marco on the previous Tuesday and went through the entire community. Mrs. Maline expects to hear from him within the next few weeks. Mrs. McFarland asked about the streetlights and was advised that they do not have insurance on them, but she seemed to feel that they were included in some way by virtue of their location on the roadway. This will be looked into, and Mrs. McFarland indicated that they will be careful that there is no insurance Fraud, but they do want to claim as much as

KM CDD September 21, 2017 Regular Board of Supervisors Meeting (Not approved)	7 page

possible. Mrs. Maline spoke briefly about the streetlights, as many of them are out and some completely broken. Casagrande Electric has already been in the community to assess damages to the street lights. They have ordered new parts and will begin repairing as many of the lights as possible. To the best of Mrs. Maline's knowledge three streetlights were lost, which she felt was a very minimal loss.

Mrs. Maline was thanked for the way she has handled the work involved in getting Key Marco cleaned up, and the Board expressed their gratitude.

SUPERVISORS’ REQUESTS AND COMMENTS

No further comments WERE received from the supervisors. FINANCIAL REPORT
Mrs. Maline indicated that she had gone through the financials very quickly the previous evening, and looked at the year-to-date variances and felt that Key Marco was in good shape.

Mrs. Grado asked what the $123,000 for machinery and equipment was for, and Mrs. McFarland indicated that the balance sheet is on an accounting basis so it's going to include amortization. She asked that they skip the balance sheet and go into the revenue and expenses.

Mrs. McFarland noted that there were problems that needed to be addressed, For example, for the month of July the field management services were noted to be $12,000, which makes no Sense. There is a separate line that says management fees which she and Mrs. Maline caught when they were doing the budget, so it needs to be cleaned up.

One of the reasons for Mrs. McFarland's approval of extending the agreement with DMG was
that we have some small accounting errors and these issues can be corrected.

Mrs. Maline as the District Manager for Key Marco approves all expenditures as well as Mrs. McFarland, and all expenditures are approved in writing. Mrs. McFarland and Mrs. Maline have separate log-ins at Fifth-Third Bank, and all outflow and inflow is checked with that one account.

KM CDD September 21, 2017 Regular Board of Supervisors Meeting (Not approved)	8 Page

At the end of each fiscal year an independent accountant comes in and audits through each expenditure that was made to make sure that they were all approved in writing by both the District Manager and the Chairman/Treasurer.

It was also agreed at the last COD meeting that only supervisors can contact the District Counsel, as there were monthly invoices from counsel where DMG’s secretary had called him as well as others, If Mrs. Maline has a question she will contact one of the supervisors and discuss it, after which a decision will be made as to whether Mr. Urbancic needs to be contacted. In this way the legal bills will be better controlled.

It was agreed that approval of the financials would be tabled until there was an opportunity to review them with DMG's accountant.

AUDIENCE QUESTIONS AND COMMENTS
No comments were received from the audience at this time. ADJOURNMENT
With the agreement that the next meeting would be held on Thursday, October 19, 2017 at 8:30 a.m., on a MOTION by Mrs. Schmitz and a second by Mrs. Grado, the meeting was adjourned at 9:5a a.m.

KM CDD September 21, 2017 Regular Board of Supervisors Meeting [Not approved)	9 Page

Invoice
Date	Estimate#	
9/30/2017	233263	

Bill To		Service Address	
Key Marco
C/O Dorrill Management Group 5672 Strand Court, Suite #1
Naples, FL 34110		2323 San Marco Road Marco Island, FL 34145	

	P.O. NO.	Terms	Project	
		Due on receipt	1966-T&M	
Description	Amount	

Storm Clean-up-progress billing through November 30, 2017

Charges for storm clean-up include labor hours, machine hours, debris removal, and staking	
$39,310.00	
Total	$39,310.00	
THANKS YOU FOR YOUR BUSINESS!!

Dorrill Management Group, Inc.

Memorandum

To:	File

Date:	October 10, 2017

Property:	Key Marco CDD Processing Month:	August 2017

As part of our internal controls process we appreciate your review of the documents provided. Please  let us know if you have questions or require additional information for completion and approval.

Financial Review Checklist	Initials

15.	Review Bank Statements and reconciliations
16.	Review General Journal Entries for accuracy and effect on accounts	 	
17.	Review General Ledger Activity for Detail and proper account coding	 	
18.	Review Financial Statements & source documentation as presented	 	

Follow up notes/requests for additional information/documentation:

Please return completed checklist for filing. Thank you.

Key Marco Community Development District Financial Statements
Eleven Months Ended August 31, 2017

Key Marco Community Dev District BALANCE SHEET
August 31, 2017 General Fund

ASSETS

Current Assets
Cash in bank	$	912,691.60 

Total Current Assets	$	912,691.60 

Fixed Assets
Land	1,969,203.29		
Buildings	143,369.43		
Accum Depr - Buildings	(106,307.37)		
Improvements	882,684.49		
Accum Depr - Improvements	(660,871.25)		
Infrastructure	6,511,876.05		
Accum Depr - Infrastructure	(3,998,354.89)		
Machinery & Equipment	123,059.68		
Accum Depr - Mach & Equip

Total Fixed Assets	 	(26,662.96)	
 	4,837,996.47 	
Total Assets		 $	5,750,688.07 	

Liabilities
Accounts Payable	$	24,793.47 

Total Liabilities	$	24,793.47

Fund Balance
Residual Equity Transfers In	36,950.09		
Fund Balance - Unreserved	5,661,899.14		
Excess Revenues (Expenditures)

Total Fund Balance	 	27,045.37 	
 	5,725,894.60 	
Total Liabilities and Fund Balance		 $	5,750,688.07 	

See  Accountants'  Compilation Report

Key Marco Community Dev District STATEMENT OF REVENUE AND EXPENSE

Ended

General Fund

Revenue	One Month Ended August 31, 2017	Current Period Budget	Current Period Variance	Eleven Months August 31, 2017	Year to Date Budget	Year to Date Variance	Annual Budget	
Non Ad Valorem Assessments	$	0.00	$	0.00	$	0.00	$	586,260.00	$	603,000.00	$	(16,740.00)	$	603,000.00	
Interest Income	903.35	179.17	724.18	7,498.44	1,970.87	5,527.57	2,150.00	
Revenue Carry Forward	0.00	1,583.33	(1,583.33)	0.00	17,416.63	(17,416.63)	19,000.00	
Other Miscellaneous Revenues	8.18	16.67	(8.49)	288.19	183.37	104.82	200.00	
Total Revenues	911.53	1,779.17	(867.64)	594,046.63	622,570.87	(28,524.24)	624,350.00	

Expenditures								
Professional & Administrative								
Board of Supervisor Fees	600.00	333.33	(266.67)	4,600.00	3,666.63	(933.37)	4,000.00	
Payroll Tax Expense	0.00	41.67	41.67	0.00	458.37	458.37	500.00	
Management Fees	1,250.00	4,500.00	3,250.00	30,033.35	49,500.00	19,466.65	54,000.00	
Transcription Services	0.00	0.00	0.00	1,420.00	1,000.00	(420.00)	1,000.00	
Audit Fees	0.00	416.67	416.67	4,875.00	4,583.37	(291.63)	5,000.00	
Accounting Fees	600.00	1,250.00	650.00	9,850.00	13,750.00	3,900.00	15,000.00	
Special Assessment Roll Prep	0.00	0.00	0.00	1,000.00	1,000.00	0.00	1,000.00	
Property Appraiser Fees	0.00	0.00	0.00	9,648.00	10,000.00	352.00	10,000.00	
Tax Collector Fees	0.00	0.00	0.00	11,725.20	13,000.00	1,274.80	13,000.00	
Legal Fees	2,323.75	0.00	(2,323.75)	40,559.07	10,000.00	(30,559.07)	10,000.00	
Engineering Fees	0.00	0.00	0.00	12,470.00	2,000.00	(10,470.00)	2,000.00	
Postage & Courier	5.42	33.33	27.91	391.51	366.63	(24.88)	400.00	
Computer Services	0.00	0.00	0.00	1,092.51	600.00	(492.51)	600.00	
Rentals & Leases	27.20	125.00	97.80	650.71	1,375.00	724.29	1,500.00	
Insurance - General	0.00	450.00	450.00	27,230.00	30,550.00	3,320.00	31,000.00	
Legal Advertising	810.16	0.00	(810.16)	4,231.70	2,000.00	(2,231.70)	2,000.00	
Office Supplies	10.00	0.00	(10.00)	490.40	400.00	(90.40)	400.00	
Subscriptions & Dues	0.00	0.00	0.00	175.00	200.00	25.00	200.00	
Bank Charges	42.40	0.00	(42.40)	580.88	0.00	(580.88)	0.00	
Miscellaneous Expense	0.00	41.67	41.67	0.00	458.37	458.37	500.00	
Total Expenditures	5,668.93	7,191.67	1,522.74	161,023.33	144,908.37	(16,114.96)	152,100.00	

Key Marco Community Dev District STATEMENT OF REVENUE AND EXPENSE

Ended

General Fund

Expenditures
Field Management Services	One Month Ended August 31, 2017	Current Period Budget	Current Period Variance	Eleven Months August 31, 2017	Year to Date Budget	Year to Date Variance	Annual Budget	
Field Management Services	6,000.00	0.00	(6,000.00)	47,000.00	0.00	(47,000.00)	0.00	
Rentals & Leases	0.00	41.67	41.67	0.00	458.37	458.37	500.00	
Contractual Services	3,810.00	208.33	(3,601.67)	3,810.00	2,291.63	(1,518.37)	2,500.00	
Total Expenditures	9,810.00	250.00	(9,560.00)	50,810.00	2,750.00	(48,060.00)	3,000.00	

Expenditures								
Landscaping
Insurance - Workers Comp	
0.00	
0.00	
0.00	
150.00	
0.00	
(150.00)	
0.00	
Electric Services	0.00	0.00	0.00	876.64	0.00	(876.64)	0.00	
Contractual Services	11,392.00	11,166.67	(225.33)	127,712.79	122,833.37	(4,879.42)	134,000.00	
Tree Trimming	0.00	2,083.33	2,083.33	4,800.00	22,916.63	18,116.63	25,000.00	
Chemicals	0.00	0.00	0.00	2,372.00	0.00	(2,372.00)	0.00	
Flower Program	0.00	416.67	416.67	2,816.90	4,583.37	1,766.47	5,000.00	
Mulch Program	0.00	1,250.00	1,250.00	1,260.00	13,750.00	12,490.00	15,000.00	
Plant Replacement Program	762.00	1,666.67	904.67	10,898.50	18,333.37	7,434.87	20,000.00	
Land Lease	0.00	2,583.33	2,583.33	28,083.00	28,416.63	333.63	31,000.00	
Miscellaneous Expense	0.00	83.33	83.33	0.00	916.63	916.63	1,000.00	
Total Expenditures	12,154.00	19,250.00	7,096.00	178,969.83	211,750.00	32,780.17	231,000.00	

Expenditures								
Environmental Services								

Expenditures								
Lighting
Electric Services	
1,937.80	
1,125.00	
(812.80)	
15,631.85	
12,375.00	
(3,256.85)	
13,500.00	
Repairs & Maint - General	0.00	416.67	416.67	4,596.00	4,583.37	(12.63)	5,000.00	
Holiday Lighting	0.00	250.00	250.00	1,345.00	2,750.00	1,405.00	3,000.00	
Total Expenditures	1,937.80	1,791.67	(146.13)	21,572.85	19,708.37	(1,864.48)	21,500.00	

Key Marco Community Dev District STATEMENT OF REVENUE AND EXPENSE

Ended

General Fund

One Month Ended	Current Period	Current Period	Eleven Months	Year to Date	Year to Date	Annual	
August 31, 2017	Budget	Variance	August 31, 2017	Budget	Variance	Budget	

Expenditures
Access Control
Utility Services	604.44	833.33	228.89	5,599.42	9,166.63	3,567.21	10,000.00	
Repairs & Maint - Parts	403.00	416.67	13.67	3,757.27	4,583.37	826.10	5,000.00	
Repairs & Maint - Gatehouse	2,928.88	0.00	(2,928.88)	9,972.11	2,000.00	(7,972.11)	2,000.00	
Contractual Services	7,231.75	7,000.00	(231.75)	77,035.00	77,000.00	(35.00)	84,000.00	
Total Expenditures	11,168.07	8,250.00	(2,918.07)	96,363.80	92,750.00	(3,613.80)	101,000.00	

Expenditures
Roadway
Repairs & Maint - Parts	0.00	

833.33	

833.33	

1,865.00	

9,166.63	

7,301.63	

10,000.00	
Total Expenditures	0.00	833.33	833.33	1,865.00	9,166.63	7,301.63	10,000.00	

Expenditures								
Irrigation
Electric Services	
223.34	
416.67	
193.33	
4,089.02	
4,583.37	
494.35	
5,000.00	
Utilities - Water	949.65	1,250.00	300.35	17,263.22	13,750.00	(3,513.22)	15,000.00	
Repairs & Maint - General	2,765.00	1,250.00	(1,515.00)	11,447.81	13,750.00	2,302.19	15,000.00	
Contractual Services	124.80	0.00	(124.80)	9,536.40	6,100.00	(3,436.40)	6,100.00	
Total Expenditures	4,062.79	2,916.67	(1,146.12)	42,336.45	38,183.37	(4,153.08)	41,100.00	
								
Total Operating Expenditures	44,801.59	40,483.34	(4,318.25)	552,941.26	519,216.74	(33,724.52)	559,700.00	

Key Marco Community Dev District STATEMENT OF REVENUE AND EXPENSE

Ended

General Fund

One Month Ended	Current Period	Current Period	Eleven Months	Year to Date	Year to Date	Annual	
August 31, 2017	Budget	Variance	August 31, 2017	Budget	Variance	Budget	

Capital Outlay	0.00	0.00	0.00	3,800.00	0.00	(3,800.00)	0.00	
LED Lighting	0.00	0.00	0.00	10,260.00	10,000.00	(260.00)	10,000.00	

0.00	0.00	0.00	14,060.00	10,000.00	(4,060.00)	10,000.00

Total Expenditures

Expenditures
Other Fees & Charges		
Revenue Reserve	0.00	2,083.33	2,083.33	0.00	22,916.63	22,916.63	25,000.00	
Contingency Reserve	0.00	2,470.83	2,470.83	0.00	27,179.13	27,179.13	29,650.00	
Total Expenditures	0.00	4,554.16	4,554.16	0.00	50,095.76	50,095.76	54,650.00	
								
Total All Expenditures	44,801.59	45,037.50	235.91	567,001.26	579,312.50	12,311.24	624,350.00	
								
Excess Revenues (Expenditures)	$	(43,890.06)	$	43,258.33	$	(87,148.39)	$	27,045.37	$	(43,258.37)	$	16,213.00	$	0.00	

08/31/17	Key Marco Community Dev District
General Ledger

Beginning
Date	Reference     T	Description	Balance	

Debit		

Credit		KEYMARCO
Page 1

YTD
Balance	
00100101.001   Fifth Third Bank	964,100.50						
08/31/17	1	Cash Disbursements			52,278.03			
08/02/17	10	Deposit	8.18					
08/10/17	99    B	Service Charge			42.40			
08/31/17	99    B	Interest	 	903.35 		 				
	 	911.53 		 	52,320.43 		 	912,691.60 	

						
00100155.001   Prepaid Expenses	6,000.00						
08/31/17	JE1.1	Reclassify Prepayment	 			 	6,000.00 			
	 	0.00 		 	6,000.00 		 	0.00 	

						
00100161.900   Land	1,969,203.29	 			 				
	 	0.00 		 	0.00 		 	1,969,203.29 	

						
00100162.900   Buildings	143,369.43	 			 				
	 	0.00 		 	0.00 		 	143,369.43 	

						
00100163.900   Accum Depr - Buildings	(106,307.37)	 			 				
	 	0.00 		 	0.00 		 	(106,307.37) 	

						
00100164.164  Improvements	882,684.49	 			 				
	 	0.00 		 	0.00 		 	882,684.49 	

						
00100164.165   Accum Depr - Improvements	(660,871.25)	 			 				
	 	0.00 		 	0.00 		 	(660,871.25) 	

						
00100164.900   Infrastructure	6,511,876.05	 			 				
	 	0.00 		 	0.00 		 	6,511,876.05 	

						
00100165.900   Accum Depr - Infrastructure	(3,998,354.89)	 			 				
	 	0.00 		 	0.00 		 	(3,998,354.89) 	

						
00100166.900   Machinery & Equipment	123,059.68	 			 				
	 	0.00 		 	0.00 		 	123,059.68 	

						
00100167.900   Accum Depr - Mach & Equip	(26,662.96)	 			 				
	 	0.00 		 	0.00 		 	(26,662.96) 	

						
00100202.000   Accounts Payable	(38,312.31)						
08/14/17	100    V	Collier County Utilities Billing	428.36					
08/14/17	100    V	Collier County Utilities Billing	139.38					
08/02/17	10962     V	Casagrande Electric	2,110.00					
08/02/17	10963     V	Century Link	327.72					
08/02/17	10964     V	Dorrill Management Group Inc	1,850.00					
08/02/17	10965     V	Harp's No-Risk Chemical Company	53.00					
08/02/17	10966     V	J&K Community Management & Maint	570.00					
08/02/17	10967     V	Key Marco Community Association	8,553.00					
08/02/17	10968     V	LCEC	1,051.99					
08/02/17	10969     V	LCEC #9961337121	1,180.11					
08/02/17	10970     V	Maria Aida Lora	220.00					
08/02/17	10971     V	Maureen M. McFarland	15.00					
08/02/17	10972     V	Securitas Security Services USA, Inc	6,822.40					
08/02/17	10973     V	Trimmers Holiday Decor	1,000.00					
08/14/17	10974     V	City of Marco Island	92.34					
08/14/17	10975     V	Collier County Utilities Billing	428.36					

08/31/17

Key Marco Community Dev District	KEYMARCO
General Ledger	Page 2

Date	
Reference T	
Description	Beginning
Balance	
Debit	
Credit	YTD
Balance	
00100202.000 Accounts Payable (	cont.)					
08/14/17	10976     V	Crawford Landscaping Group, LLC		1,406.00					
08/15/17	10977     V	Maria Aida Lora		220.00					
08/15/17	10978     V	Maureen M. McFarland		10.00					
08/22/17	10979     V	Aquagenix		124.80					
08/22/17	10980     V	AVP Unlimited		2,468.39					
08/22/17	10981     V	Century Link		327.51					
08/22/17	10982     V	Collier County Tax Collector		5.42					
08/22/17	10983     V	Comcast #4146		110.85					
08/22/17	10984     V	Crawford Landscaping Group, LLC		12,703.00					
08/22/17	10985     V	Johnson Engineering Inc		3,213.00					
08/22/17	10986     V	Robert Flinn Records Mgmt Center Inc		25.00					
08/22/17	10987     V	Securitas Security Services USA, Inc		6,822.40					
08/01/17	AP	Accounts Payable				13,372.22			
08/02/17	AP	Accounts Payable				110.85			
08/04/17	AP	Accounts Payable				327.51			
08/05/17	AP	Accounts Payable				10.00			
08/07/17	AP	Accounts Payable				2,468.39			
08/17/17	AP	Accounts Payable				3,810.00			
08/18/17	AP	Accounts Payable				2,234.88			
08/20/17	AP	Accounts Payable				240.49			
08/24/17	AP	Accounts Payable				820.00			
08/25/17	AP	Accounts Payable				949.65			
08/28/17	AP	Accounts Payable				688.00			
08/31/17	AP	Accounts Payable				 	13,727.20 			
		 	52,278.03 		 	38,759.19 		 	(24,793.47) 	

							
00100253.000 Residual Equity Transfers In	(36,950.09)	 			 				
		 	0.00 		 	0.00 		 	(36,950.09) 	

							
00100271.000 Fund Balance - Unreserved	(5,661,899.14)	 			 				
		 	0.00 		 	0.00 		 	(5,661,899.14) 	

							
00100311.000 Non Ad Valorem Assessments	(586,260.00)	 			 				
		 	0.00 		 	0.00 		 	(586,260.00) 	

							
00100361.100 Interest Income	(6,595.09)						
08/31/17	99    B	Interest		 			 	903.35 			
		 	0.00 		 	903.35 		 	(7,498.44)	

							
00100369.000 Other Miscellaneous Revenues	(280.01)						
08/02/17	10	Deposit		 			 	8.18 			
		 	0.00 		 	8.18 		 	(288.19)	

							
00101511.500 Board of Supervisor Fees	4,000.00						
08/24/17	AP	Johanna W. Parkes 082417 Board of Supervisor							
Fees		200.00					
08/24/17	AP	Maureen M. McFarland 082417 Board of							
Supervisor Fees		200.00					
08/24/17	AP	Patricia Quartuccio 082417 Board of Supervisor							
Fees		 	200.00 		 				
		 	600.00 		 	0.00 		 	4,600.00 	

							
00101512.515 Management Fees	28,783.35						
08/01/17	AP	Dorrill Management Group Inc 3974							
Management Fees		 	1,250.00 		 				
		 	1,250.00 		 	0.00 		 	30,033.35 	

08/31/17

Key Marco Community Dev District	KEYMARCO
General Ledger	Page 3

Date	
Reference T	
Description	Beginning
Balance	
Debit	
Credit	YTD
Balance	
00101513.512	Transcription Services	1,420.00	 			 				
			 	0.00 		 	0.00 		 	1,420.00 	

								
00101513.516	Audit Fees	4,875.00	 			 				
			 	0.00 		 	0.00 		 	4,875.00 	

								
00101513.517	Accounting Fees	9,250.00						
08/01/17	AP	Dorrill Management Group Inc 3974 Accounting							
	Fees		 	600.00 		 				
			 	600.00 		 	0.00 		 	9,850.00 	

								
00101513.519	Special Assessment Roll Prep	1,000.00	 			 				
			 	0.00 		 	0.00 		 	1,000.00 	

								
00101513.520	Property Appraiser Fees	9,648.00	 			 				
			 	0.00 		 	0.00 		 	9,648.00 	

								
00101513.521	Tax Collector Fees	11,725.20	 			 				
			 	0.00 		 	0.00 		 	11,725.20 	

								
00101514.522	Legal Fees	38,235.32						
08/31/17	AP	Coleman, Yovanovich, & Koester, P.A. 105 Legal							
	Fees		 	2,323.75 		 				
			 	2,323.75 		 	0.00 		 	40,559.07 	

								
00101519.523	Engineering Fees	12,470.00	 			 				
			 	0.00 		 	0.00 		 	12,470.00 	

								
00101519.530	Postage & Courier	386.09						
08/01/17	AP	Collier County Tax Collector 080117 POSTAGE							
	Postage & Courier		 	5.42 		 				
			 	5.42 		 	0.00 		 	391.51 	

								
00101519.531	Computer Services	1,092.51	 			 				
			 	0.00 		 	0.00 		 	1,092.51 	

								
00101519.535	Rentals & Leases	623.51						
08/31/17	AP	Robert Flinn Records Mgmt Center Inc 028497							
	Rentals & Leases		 	27.20 		 				
			 	27.20 		 	0.00 		 	650.71 	

								
00101519.537	Insurance - General	27,230.00	 			 				
			 	0.00 		 	0.00 		 	27,230.00 	

								
00101519.539	Legal Advertising	3,421.54						
08/31/17	AP	Naples Daily News 083117 STMT Legal							
	Advertising		 	810.16 		 				
			 	810.16 		 	0.00 		 	4,231.70 	

								
00101519.540	Office Supplies	480.40						
08/05/17	AP	Maureen M. McFarland 072617 REIMB BAL Office							
	Supplies		 	10.00 		 				

08/31/17

Key Marco Community Dev District	KEYMARCO
General Ledger	Page 4

Date	
Reference T	
Description	Beginning
Balance	
Debit	
Credit	YTD
Balance	
00101519.543	Subscriptions & Dues	175.00	 			 				
			 	0.00 		 	0.00 		 	175.00 	

								
00101519.581	Bank Charges	538.48						
08/10/17	99    B	Service Charge		 	42.40 		 				
			 	42.40 		 	0.00 		 	580.88 	

								
00102539.510	Field Management Services	41,000.00						
08/31/17	JE1.1	Reclassify Prepayment		 	6,000.00 		 				
			 	6,000.00 		 	0.00 		 	47,000.00 	

00102539.549 Contractual Services

0.00

08/17/17	AP	AVP Unlimited 1043 Contractual Services	 	3,810.00       	
	 	3,810.00 		 	0.00 		 	3,810.00 	

								
00103539.509	Insurance - Workers Comp	150.00	 			 				
			 	0.00 		 	0.00 		 	150.00 	

								
00103539.528	Electric Services	876.64	 			 				
			 	0.00 		 	0.00 		 	876.64 	

								
00103539.549	Contractual Services	116,320.79						
08/01/17	AP	Crawford Landscaping Group, LLC 232335							
	Contractual Services		 	11,392.00 		 				
			 	11,392.00 		 	0.00 		 	127,712.79 	

								
00103539.554	Tree Trimming	4,800.00	 			 				
			 	0.00 		 	0.00 		 	4,800.00 	

								
00103539.555	Chemicals	2,372.00	 			 				
			 	0.00 		 	0.00 		 	2,372.00 	

								
00103539.556	Flower Program	2,816.90	 			 				
			 	0.00 		 	0.00 		 	2,816.90 	

								
00103539.557	Mulch Program	1,260.00	 			 				
			 	0.00 		 	0.00 		 	1,260.00 	

								
00103539.558	Plant Replacement Program	10,136.50						
08/28/17	AP	Interior Plant Scapes 082817 Plant Replacement							
	Program		285.00					
08/31/17	AP	Crawford Landscaping Group, LLC 232970 Plant							
	Replacement Program		 	477.00 		 				
			 	762.00 		 	0.00 		 	10,898.50 	

								
00103539.561	Land Lease	28,083.00	 			 				
			 	0.00 		 	0.00 		 	28,083.00 	

								
00105541.528	Electric Services	13,694.05						
08/18/17	AP	LCEC 081817 Electric Services		1,051.43					
08/18/17	AP	LCEC #9961337121 081817 Electric Services		36.55					
08/18/17	AP	LCEC #9961337121 081817 Electric Services		 	849.82 		 				

08/31/17

Key Marco Community Dev District	KEYMARCO
General Ledger	Page 5

Date	
Reference T	
Description	Beginning
Balance	
Debit	
Credit	YTD
Balance	
00105541.545	Repairs & Maint -	General	4,596.00	 			 				
				 	0.00 		 	0.00 		 	4,596.00 	

									
00105541.598	Holiday Lighting		1,345.00	 			 				
				 	0.00 		 	0.00 		 	1,345.00 	

									
00106529.526	Utility Services		4,994.98						
08/02/17	AP	Comcast #4146 080217 Utility Services		110.85					
08/04/17	AP	Century Link 080417 Utility Services		327.51					
08/18/17	AP	LCEC #9961337121 081817 Utility Services		6.31					
08/18/17	AP	LCEC #9961337121 081817 Utility Services		20.51					
08/18/17	AP	LCEC #9961337121 081817 Utility Services		26.41					
08/18/17	AP	LCEC #9961337121 081817 Utility Services		20.51					
08/31/17	AP	City of Marco Island 083117 Utility Services		 	92.34 		 				
				 	604.44 		 	0.00 		 	5,599.42 	

									
00106529.547	Repairs & Maint -	Gate	3,354.27						
08/28/17	AP	Cypress Access Systems 4748 Repairs & Maint -							
		Parts		 	403.00 		 				
				 	403.00 		 	0.00 		 	3,757.27 	

									
00106529.548	Repairs & Maint -	Gatehouse	7,043.23						
08/07/17	AP	AVP Unlimited 1042 Repairs & Maint - Gatehouse		2,468.39					
08/20/17	AP	AVP Unlimited 1044 Repairs & Maint - Gatehouse		240.49					
08/24/17	AP	Maria Aida Lora 082417 Repairs & Maint -							
		Gatehouse		 	220.00 		 				
				 	2,928.88 		 	0.00 		 	9,972.11 	

00106529.549   Contractual Services	69,803.25
08/31/17	AP	Securitas Security Services USA, Inc E3861769		
		Contractual Services		 	7,231.75 		 				
				 	7,231.75 		 	0.00 		 	77,035.00 	

									
00107541.547	Repairs & Maint - Parts		1,865.00	 			 				
				 	0.00 		 	0.00 		 	1,865.00 	

									
00108538.528	Electric Services		3,865.68						
08/18/17	AP	LCEC #9961337121 081817 Electric Services		20.51					
08/18/17	AP	LCEC #9961337121 081817 Electric Services		20.51					
08/18/17	AP	LCEC #9961337121 081817 Electric Services		20.51					
08/18/17	AP	LCEC #9961337121 081817 Electric Services		99.12					
08/18/17	AP	LCEC #9961337121 081817 Electric Services		42.18					
08/18/17	AP	LCEC #9961337121 081817 Electric Services		 	20.51 		 				
				 	223.34 		 	0.00 		 	4,089.02 	

									
00108538.529	Utility Services - Water		16,313.57						
08/25/17	AP	Collier County Utilities Billing 082517 Effluent							
		Water Charges		142.89					
08/25/17	AP	Collier County Utilities Billing 082517 Effluent							
		Water Charges		428.36					
08/25/17	AP	Collier County Utilities Billing 082517 Effluent							
		Water Charges		428.36					
08/25/17	AP	Collier County Utilities #80000 082517 Effluent							
		Water Charges		 			 	49.96 			
 	999.61 	49.96 	17,263.22 	

00108538.545   Repairs & Maint - General	8,682.81

08/31/17

Key Marco Community Dev District	KEYMARCO
General Ledger	Page 6

Beginning	YTD
Date	Reference     T	Description	Balance	Debit	Credit	Balance 00108538.545 Repairs & Maint - General (cont.)
08/31/17	AP	Crawford Landscaping Group, LLC 232898
Irrigation Supplies	1,085.00
08/31/17	AP	Crawford Landscaping Group, LLC 232991
Contractual Services	 	1,680.00       	
 	2,765.00 	0.00 	11,447.81 

00108541.549 Contractual Services

9,411.60

08/01/17	AP	Aquagenix 1308490 Contractual Services	 	124.80      	
	 	124.80 		 	0.00 		 	9,536.40 	

								
00110539.570	Capital Outlay	3,800.00	 			 				
			 	0.00 		 	0.00 		 	3,800.00 	

								
00110539.572	LED Lighting	10,260.00	 			 				
			 	0.00 		 	0.00 		 	10,260.00 	

Current Profit/(Loss)	 	(43,890.06)	YTD Profit/(Loss)	 	27,045.37 
Number of Transactions	91
The General Ledger is in balance	 	0.00 

08/01/17 - 08/31/17

Key Marco Community Dev District	KEYMARCO
General Journal	Page 1

Reference Date	Reference	T	Account	Account Description	Description	Debit	Credit	Total
08/31/17	JE1  .1	00100155 .001	Prepaid Expenses	Reclassify
Prepayment	6,000.00
08/31/17	JE1  .1	00102539 .510	Field Management Services	Reclassify
Prepayment	6,000.00	 	

Total Debits	 	6,000.00 

Total Credits	 	6,000.00 

A/C Hash Total	 	202694.511

Number of Transactions

2

Transaction Balance	 	0.00 

Statement Beginning date: 08/01/17 Statement Ending date: 08/31/17 Checkbook Name: Fifth Third

Key Marco Community Dev District	KEYMARCO
Bank Reconciliation Worksheet	Page 1

Statement Summary

Beginning Balance	964,300.50
Deposits and Credit Memos	8.18
Checks and Debit Memos	(45,455.63)

Ending Balance

 	919,714.00 

Other Bank Items	 	860.95 

			
Bank Summary			
Ending Bank Balance		919,714.00	
Checks and Debit Memos in transit			
10855	03/06/17	00100202.000	Richard D. Perry	200.00	
10987	08/22/17	00100202.000	Securitas Security Services USA, Inc	 	6,822.40 	
	Total	 	(7,022.40)	
			
Ending Balance		 	912,691.60 	

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

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
C/O DORRILL MANAGEMENT GROUP 5672 STRAND COURT
NAPLES FL 34110-3314

0

1586

Statement Period Date: 8/1/2017 - 8/31/2017 Account Type: PUBL FUND TOTAL NOW Account Number: 7431857478

Banking Center: Fifth Third Center Banking Center Phone: 239-591-6444
Commercial Client Services: 866-475-0729

Account Summary - 7431857478

08/01	Beginning Balance	$964,300.50	Interest Earned	$903.35	
25	Checks	$(44,887.89)	Number of Days in Period	31	
3	Withdrawals / Debits	$(610.14)	Interest Earned YTD	$6,311.52	
2	Deposits / Credits	$911.53			
08/31	Ending Balance	$919,714.00			

Checks	25 checks totaling $44,887.89
* Indicates gap in check sequence	i = Electronic Image	s = Substitute Check
Number	Date Paid	Amount	Number	Date Paid	Amount	Number	Date Paid	Amount
10962 i	08/08	2,110.00	10971 i	08/09	15.00	10979 i	08/28	124.80	
10963 i	08/07	327.72	10972 i	08/16	6,822.40	10980 i	08/28	2,468.39	
10964 i	08/02	1,850.00	10973 i	08/14	1,000.00	10981 i	08/28	327.51	
10965 i	08/04	53.00	10974 i	08/17	92.34	10982 i	08/30	5.42	
10966 i	08/03	570.00	10975 i	08/16	428.36	10983 i	08/28	110.85	
10967 i	08/11	8,553.00	10976 i	08/17	1,406.00	10984 i	08/28	12,703.00	
10968 i	08/08	1,051.99	10977 i	08/23	220.00	10985 i	08/29	3,213.00	
10969 i	08/07	1,180.11	10978 i	08/21	10.00	10986 i	08/28	25.00	
10970 i	08/14	220.00							

Withdrawals / Debits	3 items totaling $610.14
Date	Amount	Description	
08/10	42.40	SERVICE CHARGE	
08/15	139.38	COLLIER COUNTY U BILL PAYMN 08403567300 081517	
08/15	428.36	COLLIER COUNTY U BILL PAYMN 08445788100 081517	
			
Deposits / Credits		2 items totaling $911.53	
Date	Amount	Description	
08/09	8.18	DEPOSIT	
08/31	903.35	INTEREST	
						
Daily Balance Summary						
Date	Amount	Date	Amount	Date	Amount	
08/02	962,450.50	08/10	957,108.46	08/21	938,008.62	
08/03	961,880.50	08/11	948,555.46	08/23	937,788.62	
08/04	961,827.50	08/14	947,335.46	08/28	922,029.07	
08/07	960,319.67	08/15	946,767.72	08/29	918,816.07	
08/08	957,157.68	08/16	939,516.96	08/30	918,810.65	
08/09	957,150.86	08/17	938,018.62	08/31	919,714.00	

INTRODUCTORY OFFER FROM OUR NEW CHECK PROVIDER, HARLAND CLARKE: RECEIVE 20 PERCENT OFF ANY BUSINESS CHECK PRODUCT ORDERED THROUGH SEPTEMBER 30, 2017. USE OFFER CODE: JD. CALL 1-800-503-2345 OR VISIT 53.COM/CHECKS. MENTION THE OFFER CODE WHEN ORDERING BY PHONE. THIS OFFER IS NOT VALID WITH ANY OTHER OFFER AND NOT REDEEMABLE FOR CASH.

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(SOUTH FLORIDA)

Statement Period Date: 8/1/2017 - 8/31/2017 Account Type: PUBL FUND TOTAL NOW Account Number: 7431857478

P.O. BOX 630900 CINCINNATI OH 45263-0900	Banking Center: Fifth Third Center

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
C/O DORRILL MANAGEMENT GROUP 5672 STRAND COURT
NAPLES FL 34110-3314

0

1586

Banking Center Phone: 239-591-6444 Commercial Client Services: 866-475-0729

 	
8/8/2017	10962	$2,110.00	8/8/2017	10962	$2,110.00
 	
8/7/2017	10963	$327.72	8/7/2017	10963	$327.72
 	
8/2/2017	10964	$1,850.00	8/2/2017	10964	$1,850.00
 	
8/4/2017	10965	$53.00	8/4/2017	10965	$53.00

8/3/2017	10966	$570.00	8/3/2017	10966	$570.00
 	
8/11/2017	10967	$8,553.00	8/11/2017	10967	$8,553.00
 	
8/8/2017	10968	$1,051.99	8/8/2017	10968	$1,051.99

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

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
C/O DORRILL MANAGEMENT GROUP 5672 STRAND COURT
NAPLES FL 34110-3314

0

1586

Statement Period Date: 8/1/2017 - 8/31/2017 Account Type: PUBL FUND TOTAL NOW Account Number: 7431857478

Banking Center: Fifth Third Center Banking Center Phone: 239-591-6444
Commercial Client Services: 866-475-0729

 	
8/14/2017	10970	$220.00	8/14/2017	10970	$220.00
 	
8/9/2017	10971	$15.00	8/9/2017	10971	$15.00
 	
8/16/2017	10972	$6,822.40	8/16/2017	10972	$6,822.40

Page 3 of 8

8/14/2017	10973	$1,000.00	8/14/2017	10973	$1,000.00

8/17/2017	10974	$92.34	8/17/2017	10974	$92.34
 	
8/16/2017	10975	$428.36	8/16/2017	10975	$428.36
 	
8/17/2017	10976	$1,406.00	8/17/2017	10976	$1,406.00
 	
8/23/2017	10977	$220.00	8/23/2017	10977	$220.00
Page 4 of 8

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

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
C/O DORRILL MANAGEMENT GROUP 5672 STRAND COURT
NAPLES FL 34110-3314

0

1586

Statement Period Date: 8/1/2017 - 8/31/2017 Account Type: PUBL FUND TOTAL NOW Account Number: 7431857478

Banking Center: Fifth Third Center Banking Center Phone: 239-591-6444
Commercial Client Services: 866-475-0729

 	
8/21/2017	10978	$10.00	8/21/2017	10978	$10.00
 	
8/28/2017	10979	$124.80	8/28/2017	10979	$124.80
 	
8/28/2017	10980	$2,468.39	8/28/2017	10980	$2,468.39

Page 5 of 8

8/28/2017	10981	$327.51	8/28/2017	10981	$327.51

8/30/2017	10982	$5.42	8/30/2017	10982	$5.42
 	
8/28/2017	10983	$110.85	8/28/2017	10983	$110.85
 	
8/28/2017	10984	$12,703.00	8/28/2017	10984	$12,703.00
 	
8/29/2017	10985	$3,213.00	8/29/2017	10985	$3,213.00

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

KEY MARCO COMMUNITY DEVELOPMENT DISTRICT
C/O DORRILL MANAGEMENT GROUP 5672 STRAND COURT
NAPLES FL 34110-3314

0

1586

Statement Period Date: 8/1/2017 - 8/31/2017 Account Type: PUBL FUND TOTAL NOW Account Number: 7431857478

Banking Center: Fifth Third Center Banking Center Phone: 239-591-6444
Commercial Client Services: 866-475-0729

 	
8/28/2017	10986	$25.00	8/28/2017	10986	$25.00

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