Somerset Community Development District

Landowner Election and Board of Supervisors’ Regular Meeting February 8, 2021

District Office:
120 Richard Jackson Blvd, Suite 220 Panama City Beach, Florida 32407 850-334-9055

SOMERSET COMMUNITY DEVELOPMENT DISTRICT AGENDA

Rizzetta & Company, Inc., 120 Richard Jackson Boulevard, Suite 220, Panama City Beach, FL 32407

District Board of Supervisors	Andrew O’Connell	Chairman	
	John Rosenberg	Vice Chairman	
	George Hartley	Assistant Secretary	
	Tonya Pippin	Assistant Secretary	

District Manager	Vacant

Kimberly O’Mera	Board Member

Rizzetta & Company, Inc	
District Counsel	Tucker Mackie	Hopping Green & Sams, P.A.	
District Engineer	Jim Martelli	Innerlight Engineering	

All cellular phones must be placed on mute while in the meeting room.

The Audience Comment portion of the agenda is where individuals may make comments on matters that concern the District. Individuals are limited to a total of three
minutes to make comments during this time.

Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this meeting/hearing/workshop is asked to advise the District Office at least forty-eight (48) hours before the meeting/hearing/workshop by contacting the District Manager at (850) 334-9055. 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), who can aid you in contacting the District Office.

A person who decides to appeal any decision made at the meeting/hearing/workshop with respect to any matter considered at the meeting/hearing/workshop is advised that 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.

SOMERSET COMMUNITY DEVELOPMENT DISTRICT
DISTRICT OFFICE  120 RICHARD JACKSON BLVD., SUITE 220, PANAMA CITY BEACH, FL 32407
http://somersetcdd.org/
February 1, 2021
Board of Supervisors Somerset Community Development District

AGENDA

Dear Board Members:

The regular meeting of the Board of Supervisors’ of the Somerset Community Development District will be held on Monday, February 8, 2021 at 2:00 p.m. (CST) at the Alys Beach office located at 9581 County Highway 30A, Alys Beach, FL 32413 The following is the agenda for this meeting:

CALL TO ORDER/ROLL CALL
AUDIENCE COMMENTS
BUSINESS ADMINISTRATION
Administration of Oath of Office to Newly Elected Supervisors
Consideration of Resolution 2021-01, Canvassing and
Certifying Election Results	Tab 1
Consideration of Candidate for Vacant Seat
Consideration of Resolution 2021-02, Designating Officers	Tab 2
Consideration of Minutes of the Board of
Supervisors’ Meetings Held on August 10, 2020	Tab 3
Ratification of Operation and Maintenance Expenditures for
July 2020 – December 2020	Tab 4
BUSINESS ITEMS
Consideration of Arbitrage Rebate Calculation Services
Series 2005 – LLS Tax Solutions	Tab 5
Consideration of Phase 3 – 30A Curb Radius Modifications 2021…Tab 6
STAFF REPORTS
District Counsel
District Engineer
District Manager
SUPERVISOR REQUESTS
ADJOURNMENT

I look forward to seeing you at the meeting. In the meantime, if you have any questions, please do not hesitate to call me at 850-334-9055.
Sincerely,
Kimberly O’Mera
Kimberly O’Mera District Manager

cc: Tucker Mackie, Hopping Green & Sams, P.A.

Tab 1

RESOLUTION 2021-01

A RESOLUTION CANVASSING AND CERTIFYING THE RESULTS OF THE LANDOWNERS’ ELECTION OF SUPERVISORS HELD PURSUANT TO SECTION 190.006(2), FLORIDA STATUTES

WHEREAS, pursuant to Section 190.006, Florida Statutes, a landowners’ meeting is required to be held within 90 days of the District's creation and every two (2) years following the creation of a Community Development District for the purpose of electing Supervisors for the Board of Supervisors of the District; and
WHEREAS, following proper publication of notice thereof, such landowners’ meeting was held on November 9, 2020, at which the below recited persons were duly elected by virtue of the votes cast in their respective favor; and
WHEREAS, the landowners, by means of this Resolution, desire to canvass the votes and declare and certify the results of said election;
NOW, THEREFORE, BE IT RESOLVED BY THE LANDOWNERS AND BOARD OF SUPERVISORS OF THE SOMERSET COMMUNITY DEVELOPMENT DISTRICT;

The following persons are found, certified, and declared to have been duly elected as Supervisors of and for the District, having been elected by the votes cast in their favor as shown, to wit:
 	George Hartley		(Seat 1)	Votes	 	55		
 	Tonya Pippin		(Seat 2)	Votes	 	37		
 	John Rosenberg		(Seat 3)	Votes	 	55		

In accordance with said statute, and by virtue of the number of votes cast for the respective Supervisors, they are declared to have been elected for the following terms of office:
 	George Hartley		four (4)-year term
 	John Rosenberg		four (4)-year term
 	Tonya Pippin		two (2)-year term

Said terms of office shall commence immediately upon the adoption of this Resolution.

PASSED AND ADOPTED this 9th day of November, 2020.

ATTEST:	SOMERSET COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chair/Vice Chair

Tab 2

RESOLUTION 2021-02

A RESOLUTION OF THE BOARD OF SUPERVISORS OF SOMERSET COMMUNITY DEVELOPMENT DISTRICT DESIGNATING THE OFFICERS OF THE DISTRICT AND PROVIDING FOR AN EFFECTIVE DATE.

WHEREAS, Somerset 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 Walton County, Florida; and

WHEREAS, the Board of Supervisors of the District desires to designate the Officers of the District.

NOW, THEREFORE, be it resolved by the Board of Supervisors of Somerset Community Development District:

SECTION 1.	 	is appointed Chairperson.

SECTION 2.	 	is appointed Vice Chairperson.

SECTION 3.	 	is appointed Assistant Secretary.

_ 	is appointed Assistant Secretary.

 	 is appointed Assistant Secretary.

_Kimberly O’Mera	is appointed Assistant Secretary.

_Melissa Dobbins	is appointed Assistant Secretary.

SECTION 4.	This Resolution shall become effective immediately upon its adoption.

PASSED AND ADOPTED THIS 8th DAY OF FEBRUARY 2021.

ATTEST	SOMERSET COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson/Vice Chairperson

Tab 3

SOMERSET COMMUNITY DEVELOPMENT DISTRICT
August 10, 2020 Minutes of Meeting
Page 1

MINUTES OF MEETING

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

SOMERSET
COMMUNITY DEVELOPMENT DISTRICT

A regular meeting of the Board of Supervisors of the Somerset Community Development District was held on Monday, August 10, 2020 at 2:07 p.m. CDT by phone teleconference at 1-929-205-6099; Meeting ID 997 8971 1784.

Present and constituting a quorum:
Andrew O’Connell	Board Supervisor, Chair
John Rosenberg	Board Supervisor, Vice Chair
Eddie Foster	Board Supervisor, Assistant Secretary George Hartley	Board Supervisor, Assistant Secretary Tonya Pippin	Board Supervisor, Assistant Secretary

Also present were:
Anthony Jeancola	District Manager, Rizzetta & Company, Inc. Tucker Mackie	District Counsel, Hopping Green & Sams, P.A. Audience	None

FIRST ORDER OF BUSINESS	Call to Order

Mr. Jeancola called the meeting to order and read the roll call.

SECOND ORDER OF BUSINESS	Audience Comments

Mr. Jeancola stated for the record that there were no audience members present.

SOMERSET COMMUNITY DEVELOPMENT DISTRICT
August 10, 2020 Minutes of Meeting
Page 2

THIRD ORDER OF BUSINESS	Consideration of the Minutes of the
Board of Supervisors’ Meeting Held on May 26, 2020.

On a motion by Mr. Rosenberg, seconded by Mr. Foster, with all in favor, the Board of Supervisors accepted the Minutes of the Board of Supervisors’ Meeting Held on May 26, 2020, for Somerset Community Development District.

FOURTH ORDER OF BUSINESS	Ratification	of	Operation	and
Maintenance Expenditures for May 2020 – June 2020

Mr. Jeancola reviewed the Operation and Maintenance Expenditures for May and June. General discussion ensued.

On a motion by Mr. O’Connell, seconded by Mr. Hartley, with all in favor, the Board of Supervisors ratified the Operation and Maintenance Expenditures for May 2020 ($18, 532.28), and June 2020 ($134,324.68), for Somerset Community Development District.

FIFITH ORDER OF BUSINESS	Public	Hearing	to	Consider	the
Adoption of The Fiscal Year 2020/2021 Final Budget.

On a Motion by Mr. O’Connell, seconded by Mr. Foster, with all in favor, the Board of Supervisors agreed to open a Public Hearing to Consider the Adoption of the Fiscal Year 2020/2021 Budget, for the Somerset Community Development District.

Mr. Jeancola presented and reviewed the Fiscal Year 2020/2021 Final Budget. The Board will maintain the current assessment level.

On a Motion by Mr. O’Connell, seconded by Mr. Hartley, with all in favor, the Board of Supervisors agreed to close the Public Hearing to Consider the Adoption of the Fiscal Year 2020/2021 Budget, for the Somerset Community Development District.

SOMERSET COMMUNITY DEVELOPMENT DISTRICT
August 10, 2020 Minutes of Meeting
Page 3

SIXTH ORDER OF BUSINESS	Consideration of Resolution 2020-06,
Adopting Fiscal Year 2020/2021 Final Budget

.

On a Motion by Mr. Hartley, seconded by Mr. Rosenberg, with all in favor, the Board of Supervisors, accepted Resolution 2020-06, adopting Fiscal Year 2020/2021 Final Budget, for the Somerset Community Development District.

SEVENTH ORDER OF BUSINESS	Consideration of Resolution 2020-07,
Imposing Special Assessments & Certifying Assessment Roll

Mr. Jeancola presented and reviewed Resolution 2020-07 with the board.
.

On a Motion by Mr. O’Connell, seconded by Mr. Foster, with all in favor, the Board of Supervisors, accepted Resolution 2020-07, Imposing Special Assessments & Certifying Assessment Roll, for the Somerset Community Development District.

EIGHTH ORDER OF BUSINESS	Consideration of Fiscal Year
2020/2021 Direct Collect Agreement

Mr. Jeancola presented and reviewed the Fiscal Year 2020/2021 Direct Collect Agreement
.

On a Motion by Mr. O’Connell, seconded by Mr. Hartley, with all in favor, the Board of Supervisors, accepted Fiscal Year 2020/2021 Direct Collect Agreement, for the Somerset Community Development District.

NINTH ORDER OF BUSINESS	Consideration of Resolution 2020-08,
Fiscal Year 2020/2021 Annual Meeting Schedule

Mr. Jeancola presented and reviewed Resolution 2020-08 Fiscal Year 2020/2021 Meeting Schedule as follows:

November 09, 2020
February 08, 2021
May 10, 2021
August 09, 2021

SOMERSET COMMUNITY DEVELOPMENT DISTRICT
August 10, 2020 Minutes of Meeting
Page 4

The above referenced meetings will convene at 2:00 p.m. (CDT) at the Alys Beach office located at 9581 County Highway 30A, Alys Beach, Florida 32413.

’Connell, with all in favor, the Board of Supervisors, accepted Resolution 2020-08, Fiscal Year 2020/2021 Annual Meeting Schedule, for the Somerset Community Development District.

TENTH ORDER OF BUSINESS	Ratification of Fiscal Year 2019 Audit

Mr. Jeancola presented and reviewed the Fiscal Year 2019 Audit. The audit was clean with no findings and a copy is on file with the state.

On a Motion by Mr. O’Connell, seconded by Mr. Foster, with all in favor, the Board of Supervisors, ratified Fiscal Year 2020/2021 Audit, for the Somerset Community Development District.

TENTH ORDER OF BUSINESS	Discussion Regarding Infrastructure
Related Items – Trash Compactors/Pick up and Pedestrian Crosswalks

Mr. O’Connell discussed pedestrian safety by placing flashing beacons at crosswalks at 4 intersections (8 lights) and a laser activated flashing beacon to be installed at slip lanes. This would cost approximately $158,000. Discussion ensued regarding widening slip lanes and turn radius at intersections. This would be performed in 2 phases with the first phase being completed at a cost of approximately $420,000 for both phases. Refuse collection  was also discussed. Two trash compactors can be purchased at $225,000 - $250,000 but does not include all costs. Leasing these could cost $2,000 - $2,500 per month. Leased compactors tend to have a quicker repair time when needed.

TWELVTH ORDER OF BUSINESS	Staff Reports

District Counsel

Counsel had no report at this time.

District Engineer

Not present at this time.

SOMERSET COMMUNITY DEVELOPMENT DISTRICT
August 10, 2020 Minutes of Meeting
Page 5

District Manager

Mr. Jeancola advised that the next meeting of the Board of Directors will be November 9, 2020 as per resolution 2020-08.

THIRTEENTH ORDER OF BUSINESS	Supervisor Requests

No supervisor requests at this time.

SOMERSET COMMUNITY DEVELOPMENT DISTRICT
August 10, 2020 Minutes of Meeting
Page 6

FOURTEENTH ORDER OF BUSINESS	Adjournment

On a Motion by Mr. O’Connell, seconded by Mr. Hartley, with all in favor, the Board of Supervisors adjourned the meeting at 2:52 pm (CDT), for the Somerset Community Development District.

 	_		 Secretary/Assistant Secretary		Chairman/ Vice Chairman

Tab 4

SOMERSET COMMUNITY DEVELOPMENT DISTRICT

DISTRICT OFFICE · 120 RICHARD JACKSON BLVD · SUITE 220 · PANAMA CITY BEACH, FL 32407

Operation and Maintenance Expenditures	
July 2020	
For Board Approval	

Attached please find the check register listing the Operation and Maintenance expenditures paid from July 1, 2020 through July 31, 2020. This does  not include expenditures previously approved by the Board.

The total items being presented:	$54,699.73	

Approval of Expenditures:

 		
Chairperson	

 		Vice Chairperson	

 		Assistant Secretary	

Somerset Community Development District	
Paid Operation & Maintenance Expenditures	
July 1, 2020 Through July 31, 2020	

Vendor Name		Check Number	Invoice Number		Invoice Description		 Invoice Amount	

ALYS Beach Neighborhood Association	002635	00053120	ALYS Beach Neighborhood
Association Reimbursement 05/20	$	9,714.73	
ALYS Beach Neighborhood Association	002646	00063020	ALYS Beach Neighborhood
Association Reimbursement 06/20	$	13,488.12	
Dune Doctors, LLC	002636	062520-1	Phase 3 - Consultation Regarding
Repairs to Scrub Zone 06/20	$	1,000.00	
Gatehouse Media, Northwest Florida	002642	2029916-0520	Legal Ad 05/20	$	294.15	
Grau & Associates	002641	103119	Audit Confirms FYE 09/30/2019	$	23.00	
Gulf Power Company	002639	21046-33165 07/20	9954 E Cty Hwy 30A Irrigation 07/20	$	433.07	
Gulf Power Company	002639	21080-12465 07/20	9396 E Cty Hwy 30A Irrigation 07/20	$	472.35	
Hopping Green & Sams	002643	115536	General/Monthly Legal Services 05/20	$	722.50	
Innerlight Engineering Corporation	002644	4766	Engineering Services 06/20	$	2,375.00	
Mills Supply	002645	8089	Pump Station Maintenance 07/20	$	200.00	
Newagetutors LLC DBA VGlobalTech	002640	1771	Website ADA Compliance 07/20	$	425.00	
Oldcastle APG South, Inc DBA Coastal	002648	361591337	New Curb Radius 04/20	$	5,231.91	
Oldcastle APG South, Inc DBA Coastal	002648	361591338	New Curb Radius 04/20	$	5,231.91	

Somerset Community Development District	
Paid Operation & Maintenance Expenditures	
July 1, 2020 Through July 31, 2020	

Vendor Name		Check Number	Invoice Number		Invoice Description		 Invoice Amount	

Oldcastle APG South, Inc DBA Coastal	002648	361600485	New Curb Radius 04/20	$	5,231.91	
Oldcastle APG South, Inc DBA Coastal	002648	361600486	New Curb Radius 04/20	$	5,231.91	
Rizzetta & Company, Inc.	002637	INV00000050799	District Management Services 07/20	$	4,524.17	
Rizzetta Technology Services, LLC.	002638	INV0000005942	Website Hosting Services 07/20	$	100.00	

Report Total	$	54,699.73

SOMERSET COMMUNITY DEVELOPMENT DISTRICT

DISTRICT OFFICE · 120 RICHARD JACKSON BLVD · SUITE 220 · PANAMA CITY BEACH, FL 3240

Operation and Maintenance Expenditures	
August 2020	
For Board Approval	

Attached please find the check register listing the Operation and Maintenance expenditures paid from August 1, 2020 through August  31, 2020.  This does not include expenditures previously approved by the Board.

The total items being presented: $11,709.97

Approval of Expenditures:

 		
Chairperson	

 		Vice Chairperson	

 		Assistant Secretary	

Somerset Community Development District	
Paid Operation & Maintenance Expenditures	
August 1, 2020 Through August 31, 2020	

Vendor Name		Check Number	Invoice Number		Invoice Description		 Invoice Amount	

Dune Doctors, LLC	002658	061720-5	Quarterly Maintenance 06/20	$	3,817.24	
Gatehouse Media, Northwest Florida	002653	2029916-0720	Legal Ad 07/20	$	744.80	
Gulf Power Company	002652	21046-33165 08/20	9954 E Cty Hwy 30A Irrigation 08/20	$	320.68	
Gulf Power Company	002652	21080-12465 08/20	9396 E Cty Hwy 30A Irrigation 08/20	$	503.08	
Hopping Green & Sams	002654	116206	General/Monthly Legal Services 06/20	$	535.00	
Mills Supply	002657	8141	Pump Station Maintenance 08/20	$	200.00	
Murdock Investments, LLC dba Griffin Traffic Signals	002655	2168	Re-attach push button & sign 07/20	$	450.00	
Newagetutors LLC DBA VGlobalTech	002651	1829	Website ADA Compliance 08/20	$	425.00	
Rizzetta & Company, Inc.	002649	INV00000051810	District Management Services 08/20	$	4,524.17	
Rizzetta Technology Services, LLC.	002650	INV0000006137	Website Hosting Services 08/20	$	100.00	
The Lake Doctors, Inc.	002656	513777	Monthly Monitoring/Inspection 07/20	$	45.00	
The Lake Doctors, Inc.	002656	520081	Monthly Monitoring/Inspection 08/20	$	45.00	

Report Total	$	11,709.97

SOMERSET COMMUNITY DEVELOPMENT DISTRICT

DISTRICT OFFICE · 120 RICHARD JACKSON BLVD · SUITE 220 · PANAMA CITY BEACH, FL 32407

Operation and Maintenance Expenditures	
September 2020	
For Board Approval	

Attached please find the check register listing the Operation and Maintenance expenditures paid from September 1, 2020 through September 30, 2020. This does not include expenditures previously approved by the Board.

The total items being presented:	$187,380.52

Approval of Expenditures:

 		
Chairperson	

 		Vice Chairperson	

 		Assistant Secretary	

Somerset Community Development District	
Paid Operation & Maintenance Expenditures	
September 1, 2020 Through September 30, 2020	

Vendor Name		Check Number	Invoice Number		Invoice Description		 Invoice Amount	

ALYS Beach Neighborhood Association	002663	00073120	ALYS Beach Neighborhood
Association Reimbursement 07/20	$	7,809.35	
Andrew O'Connell	002671	AO081020	Board of Supervisors Meeting 08-10-
20	$	200.00	
Anthony Eddie Foster	002667	EF081020	Board of Supervisors Meeting 08-10-
20	$	200.00	
Ebsco Gulf Coast Development, Inc.	002678	092120	EBSCO Reimbursement for Oldcastle
Invoices 09/20	$	8,746.99	
Egis Insurance Advisors LLC	002677	11452	Property/Gen Liability & PO Insurance
FY20-21	$	8,438.00	
George Hartley	002668	GH081020	Board of Supervisors Meeting 08-10-
20	$	200.00	
Gulf Power Company	002664	21046-33165 09/20	9954 E Cty Hwy 30A Irrigation 09/20	$	56.74	
Gulf Power Company	002664	21080-12465 09/20	9396 E Cty Hwy 30A Irrigation 09/20	$	465.79	
Hopping Green & Sams	002669	116815	General/Monthly Legal Services 07/20	$	402.50	
House of Blueprints, Inc	002670	20-1943	ALYS-30A Improvements 06/20	$	31.83	
House of Blueprints, Inc	002670	20-694	ALYS-30A Crosswalks 02/20	$	18.19	
House of Blueprints, Inc	002670	20-724	ALYS-Slip Road Widening 02/20	$	21.83	
John Rosenberg	002672	JR081020	Board of Supervisors Meeting 08-10- 20	$	200.00	

Somerset Community Development District	
Paid Operation & Maintenance Expenditures	
September 1, 2020 Through September 30, 2020	

Vendor Name		Check Number	Invoice Number		Invoice Description		 Invoice Amount	

Mills Supply	002676	8184	Pump Station Maintenance 09/20	$	200.00	
Newagetutors LLC DBA VGlobalTech	002666	1883	Website ADA Compliance 09/20	$	425.00	
Pat Shea's Concrete, Inc.	002659	5509	30 A Slip Road Widening 06/20	$	64,650.00	
Pat Shea's Concrete, Inc.	002659	5510	30 A Slip Road Widening 06/20	$	3,800.00	
Rizzetta & Company, Inc.	002660	INV00000052600	District Management Services 09/20	$	4,524.17	
Rizzetta Technology Services, LLC.	002661	INV0000006236	Website Hosting Services 09/20	$	100.00	
Stone Scapes, Inc.	002665	7808	70% of 12/03/2019 proposal completed	$	55,139.00	
Stone Scapes, Inc.	002665	7876	Remaining 30% of 12/03/2019
proposal completed	$	23,631.00	
Stone Scapes, Inc.	002662	7904	Remove/Replace Pavers/Grout & Pipe
Installation 08/20	$	3,450.00	
The Lake Doctors, Inc.	002675	526355	Monthly Monitoring/Inspection 09/20	$	45.00	
Tonya Johnson Pippin	002673	TP081020	Board of Supervisors Meeting 08-10- 20	$	200.00	
US Bank	002674	5852163	Trustee Fees Series 2005 08/01/2020-
07/31/2021	$	4,425.13	

Report Total	$	187,380.52

SOMERSET  COMMUNITY  DEVELOPMENT DISTRICT

DISTRICT OFFICE ·  120 RICHARD JACKSON BLVD ·  SUITE 220 · PANAMA  CITY BEACH,

Operation and Maintenance Expenditures	
October 2020	
For Board Approval	

Attached please find the check register listing the Operation and Maintenance expenditures paid from October 1, 2020 through October 31, 2020.  This does   not include expenditures previously approved by the Board.

The total items being presented: $166,185.11

Approval of Expenditures:

 		
Chairperson	

 		Vice Chairperson	

 		Assistant Secretary	

Somerset Community Development District	
Paid Operation & Maintenance Expenditures	
October 1, 2020 Through October 31, 2020	

Vendor Name		Check Number	Invoice Number		Invoice Description		 Invoice Amount	

ALYS Beach Neighborhood Association	002679	00083120	ALYS Beach Neighborhood
Association Reimbursement 08/20	$	12,022.52	
Disclosure Services, LLC	002690	4	Amortization Schedule S2005 5-1-2	$	250.00	
Dune Doctors, LLC	002680	091020-1	Quarterly Maintenance 09/20	$	3,817.24	
Gulf Power Company	002681	21046-33165 10/20	9954 E Cty Hwy 30A Irrigation 10/20	$	230.51	
Gulf Power Company	002681	21080-12465 10/20	9396 E Cty Hwy 30A Irrigation 10/20	$	245.88	
Hopping Green & Sams	002682	117448	General/Monthly Legal Services 8/20	$	577.50	
Innerlight Engineering Corporation	002686	4936	Engineering Services 07/20-10/20	$	7,125.00	
Mills Supply	002688	8224	Pump Station Maintenance 10/20	$	200.00	
Newagetutors LLC DBA VGlobalTech	002684	2001	Website ADA Compliance 10/20	$	425.00	
Pat Shea's Concrete, Inc.	002691	10272020-5560	30A Slip Road Widening 10/20	$	27,950.00	
Rip's Professional Lawn Care, Inc.	002685	10052020	Slip Road Project Invoices 10/20	$	83,719.71	
Rizzetta & Company, Inc.	002683	INV00000053397	District Management Services 10/20	$	4,646.75	
Rizzetta & Company, Inc.	002683	INV0000053652	Assessment Roll FY20-21	$	5,250.00	

Somerset Community Development District	
Paid Operation & Maintenance Expenditures	
October 1, 2020 Through October 31, 2020	

Vendor Name		Check Number	Invoice Number		Invoice Description		 Invoice Amount	

Rizzetta Technology Services, LLC.	002689	INV0000006444	Website Hosting Services 10/20	$	100.00	
Stone Scapes, Inc.	002692	10272020-7983	Slip Lane Modifications Phase 2 Contract S-2020-34 10/20	$	19,580.00	
The Lake Doctors, Inc.	002687	532598	Monthly Monitoring/Inspection 10/20	$	45.00	

Report Total	$	166,185.11

SOMERSET COMMUNITY DEVELOPMENT DISTRICT

DISTRICT OFFICE · 120 RICHARD JACKSON BLVD · SUITE 220 · PANAMA CITY BEACH, FL 3240

Operation and Maintenance Expenditures	
November 2020	
For Board Approval	

Attached please find the check register listing the Operation and Maintenance expenditures paid from November 1, 2020 through November 30, 2020. This does not include expenditures previously approved by the Board.

The total items being presented: $23,595.06

Approval of Expenditures:

 		
Chairperson	

 		Vice Chairperson	

 		Assistant Secretary	

Somerset Community Development District	
Paid Operation & Maintenance Expenditures	
November 1, 2020 Through November 30, 2020	

Vendor Name		Check Number	Invoice Number		Invoice Description		 Invoice Amount	

Department of Economic Opportunity	002695	83100	Special District Fee FY20-21	$	175.00	
Gatehouse Media, Northwest Florida	002698	2029916-1020	Legal Ad 10/20	$	540.60	
Grau & Associates	002696	T42502639R52	Audit Services FYE 09/30/2020	$	26.00	
Gulf Power Company	002697	21046-33165 11/20	9954 E Cty Hwy 30A Irrigation 11/20	$	89.15	
Gulf Power Company	002697	21080-12465 11/20	9396 E Cty Hwy 30A Irrigation 11/20	$	472.56	
Hopping Green & Sams	002699	118117	General/Monthly Legal Services 9/20	$	320.00	
Mills Supply	002701	8262	Pump Station Maintenance 11/20	$	200.00	
Murdock Investments, LLC dba Griffin Traffic Signals	002703	2213	Solar Wireless/Sign Assembly/Push Button Pole Assembly 11/20	$	16,600.00	
Newagetutors LLC DBA VGlobalTech	002702	2078	Website ADA Compliance 11/20	$	425.00	
Rizzetta & Company, Inc.	002693	INV00000054266	District Management Services 11/20	$	4,646.75	
Rizzetta Technology Services, LLC.	002694	INV0000006549	Website Hosting Services 11/20	$	100.00	

Report Total	$	23,595.06

SOMERSET COMMUNITY DEVELOPMENT DISTRICT

DISTRICT OFFICE · 120 RICHARD JACKSON BLVD · SUITE 220 · PANAMA CITY BEACH, FL 3240

Operation and Maintenance Expenditures	
December 2020	
For Board Approval	

Attached please find the check register listing the Operation and Maintenance expenditures paid from December 1, 2020 through December 31, 2020. This does not include expenditures previously approved by the Board.

The total items being presented: $123,926.84

Approval of Expenditures:

 		
Chairperson	

 		Vice Chairperson	

 		Assistant Secretary	

Somerset Community Development District	
Paid Operation & Maintenance Expenditures	
December 1, 2020 Through December 31, 2020	

Vendor Name		Check Number	Invoice Number		Invoice Description		 Invoice Amount	

ALYS Beach Neighborhood Association	002708	00093020	ALYS Beach Neighborhood
Association Reimbursement 09/20	$	63,968.62	
ALYS Beach Neighborhood Association	002708	00103120	ALYS Beach Neighborhood
Association Reimbursement 10/20	$	17,666.00	
Dune Doctors, LLC	002704	102320-3	Completion of Pruning Scrub Zone
10/20	$	14,904.00	
Dune Doctors, LLC	002704	111120-1	Restoration and Replanting of Area
Between Board Walks 11/20	$	16,621.36	
Gatehouse Media, Northwest Florida	002710	2029916-11-20	Legal Ad 11/20	$	166.95	
Gulf Power Company	002709	21046-33165 12/20	9954 E Cty Hwy 30A Irrigation 12/20	$	189.87	
Gulf Power Company	002709	21080-12465 12/20	9396 E Cty Hwy 30A Irrigation 12/20	$	373.29	
Hopping Green & Sams	002714	118937	General/Monthly Legal Services 10/20	$	775.00	
Innerlight Engineering Corporation	002711	5047	Engineering Services 12/20	$	3,800.00	
Mills Supply	002715	8295	Pump Station Maintenance 12/20	$	200.00	
Newagetutors LLC DBA VGlobalTech	002712	2150	Website ADA Compliance 12/20	$	425.00	
Rizzetta & Company, Inc.	002706	INV00000054741	District Management Services 12/20	$	4,646.75	
Rizzetta Technology Services, LLC.	002707	INV0000006650	Website Hosting Services 12/20	$	100.00	
The Lake Doctors, Inc.	002705	538869	Monthly Monitoring/Inspection 11/20	$	45.00	

Somerset Community Development District	
Paid Operation & Maintenance Expenditures	
December 1, 2020 Through December 31, 2020	

Vendor Name		Check Number	Invoice Number		Invoice Description		 Invoice Amount	

The Lake Doctors, Inc.	002713	544727	Monthly Monitoring/Inspection 12/20	$	45.00	

Report Total	$	123,926.84

Tab 5

  
Specializing In Tax - Exempt Bond Services

LLS Tax Solutions Inc. 2172 W. Nine Mile Rd. #352
Pensacola, FL 32534
Telephone: 850-754-0311 Email: liscott@llstax.com

December 16, 2020

Somerset Community Development District c/o Rizzetta & Company, Inc.
12750 Citrus Park Lane, Suite 115
Tampa, Florida 33625

Thank you for choosing LLS Tax Solutions Inc. (“LLS Tax”) to provide arbitrage services to Somerset Community Development District (“Client”) for the following bond issue. This Engagement Letter describes the scope of the LLS Tax services, the respective responsibilities of LLS Tax and Client relating to this engagement and the fees LLS Tax expects to charge.

$21,045,000 Somerset Community Development District (Walton County, Florida) Capital Improvement Revenue Bonds, Series 2005

SCOPE OF SERVICES

The procedures that we will perform are as follows:

Assist in calculation of the bond yield, unless previously computed and provided to us.

Assist in determination of the amount, if any, of required rebate to the federal government.

Issuance of a report presenting the cumulative results since the issue date of the issue of bonds.

Preparation of necessary reports and Internal Revenue Service (“IRS”) forms to accompany any required payment to the federal government.

As a part of our engagement, we will read certain documents associated with each issue of bonds for which services are being rendered. We will determine gross proceeds of each issue of bonds based on the information provided in such bond documents. You will have sole responsibility for determining any other amounts not discussed in those documents that may constitute gross proceeds of each series of bonds for the purposes of the arbitrage requirements.

TAX POSITIONS AND REPORTABLE TRANSACTIONS

Because the tax law is not always clear, we will use our professional judgment in resolving questions affecting the arbitrage calculations. Unless you instruct us otherwise, we will take the reporting position most favorable to you whenever reasonable. Any of your bond issues may be selected for review by the IRS, which may not agree with our positions. Any proposed adjustments are subject to certain rights of appeal. Because of the lack of clarity in the law, we cannot provide assurances that

the positions asserted by the IRS may not ultimately be sustained, which could result in the assessment of potential penalties. You have the ultimate responsibility for your compliance with the arbitrage laws; therefore, you should review the calculations carefully.

The IRS and some states have promulgated “tax shelter” rules that require taxpayers to disclose their participation in “reportable transactions” by attaching a disclosure form to their federal and/or state income tax returns and, when necessary, by filing a copy with the Internal Revenue Service and/or the applicable state agency. These rules impose significant requirements to disclose transactions and such disclosures may encompass many transactions entered into in the normal course of business.  Failure to make such disclosures will result in substantial penalties. In addition, an excise tax is imposed on exempt organizations (including state and local governments) that are a party to prohibited tax shelter transactions (which are defined using the reportable transaction rules). Client is responsible for ensuring that it has properly disclosed all “reportable transactions” and, where applicable, complied with the excise tax provision. The LLS Tax services that are the subject of this Engagement Letter do not include any undertaking by LLS Tax to identify any reportable transactions that have not been the subject of a prior consultation between LLS Tax and Client.  Such services, if desired by Client, will be the subject of a separate engagement letter. LLS Tax may also be required to report to the IRS or certain state tax authorities certain tax services or transactions as well as Client’s participation therein. The determination of whether, when and to what extent LLS Tax complies with its federal or state “tax shelter” reporting requirements will be made exclusively by LLS Tax. LLS Tax will not be liable for any penalties resulting from Client’s failure to accurately and timely file any required disclosure or pay any related excise tax nor will LLS Tax be held responsible for any consequences of its own compliance with its reporting obligations.  Please note that any disclosure required by or made pursuant to the tax shelter rules is separate and distinct from any other disclosure that Client might be required to or choose to make with its tax returns (e.g., disclosure on federal Form 8275 or similar state disclosure).

PROFESSIONAL FEES AND EXPENSES

Our professional fees for services listed above for the three annual bond years ending July 11, 2020, July 11, 2021, and July 11, 2022 is $1,500, which is $500 each year. We will bill you upon completion of our services or on a monthly basis. Our invoices are payable upon receipt.
Additionally, you may request additional consulting services from us upon occasion; we will bill you for these consulting services at a beforehand agreed upon rate.

Unanticipated factors that could increase our fees beyond the estimate given above include the following (without limitation). Should any of these factors arise we will alert you before additional fees are incurred.

Investment data provided by you is not in good order or is unusually voluminous.

Proceeds of bonds have been commingled with amounts not considered gross proceeds of the bonds (if that circumstance has not previously been communicated to us).

A review or other inquiry by the IRS with respect to an issue of bonds.

The Client (District) has the option to terminate this Agreement within ninety days of providing notice to LLS Tax Solutions Inc. of its intent.

ACCEPTANCE

You understand that the arbitrage services, report and IRS forms described above are solely to assist you in meeting your requirements for federal income tax compliance purposes. This Engagement Letter constitutes the entire agreement between Client and LLS Tax with respect to this engagement, supersedes all other oral and written representations, understandings or agreements relating to this engagement, and may not be amended except by the mutual written agreement of the Client and LLS Tax.

Please indicate your acceptance of this agreement by signing in the space provided below and returning a copy of this Engagement Letter to us. Thank you again for this opportunity to work with you.

Very truly yours,	AGREED AND ACCEPTED:
LLS Tax Solutions Inc.	Somerset Community Development District

By:		 By:      Linda L. Scott			Print Name   		                                                       Linda L. Scott, CPA	Title   		
Date:   	

Tab 6

ESTIMATE BASED ON ALLOWANCES ONLY

                       BUDGET WORKSHEET	
Project	2021 Curb Radius Repair	Date	01/05/21		
Description	Radius Curb Replacement	Projected Start	Feb 2021		
Estimator	Shane H. Campbell				
	
			Estimated Cost	
Item	Description	Contractor	Labor	Materials	Contract	Equipment	Allowance	Total	
1	Demolition & New Curb								
	Remove & Replace Curb	Pat's Concrete			22,400.00			22,400.00	
									
2	Unit Pavers								
	Re-set Street Pavers	Stonescapes					4,000.00	4,000.00	
									
3	Landscaping								
	Repair - Irrigation & Sod	PLC					3,500.00	3,500.00	
									
4	Engineering & Testing	NA							
	Engineering								
	Material Testing								
									
8	General Conditions								
	Portable Toilet								
	Clean-up-General	ABD	500.00					500.00	

	SUB TOTALS		500.00	-	22,400.00	-	7,500.00	30,400.00	
	CONTINGENCY	10%						3,040.00	
	TOTAL		500.00	-	22,400.00	-	7,500.00	33,440.00	

ESTIMATE BASED ON ALLOWANCES ONLY

SOLVE

•

SERVE

THE APPLIED SCIENCE OF SUCCESS

11490 EMERALD COAST PARKWAY, SUITE 2W
MIRAMAR BEACH | FLORIDA | 32550

INTERSECTION IMPROVEMENTS FOR COUNTY ROAD 30A BOULEVARD AT ALYS BEACH

ALYS BEACH - C.R. 30-A
INTERSECTION IMPROVEMENTS

EBSCO GULF COAST DEVELOPMENT, INC. BOX 61-5500
ALYS BEACH, FLORIDA 32461-5500

GRAPHIC SCALE

RECORD DATA

100

0	50

(IN FEET)

100

200

DATE: 09/12/2019
REV. NO: N/A

1 inch = 100 Feet

REV. DATE: N/A DRAWN BY: MTM REVIEWED BY: JAM

PROJECT DATA	SHEET INDEX

PROJECT NAME:	ALYS BEACH - C.R. 30-A, INTERSECTION IMPROVEMENTS
EBSCO GULF COAST DEVELOPMENT, INC.

SHEET NUMBER	SHEET TITLE
1.0	OVERALL SHEET

CLIENT NAME:

PREPARED BY:

BOX 61-5500
ALYS BEACH, FLORIDA 32461-5500 CONTACT: EDDIE FOSTER
INNERLIGHT ENGINEERING CORPORATION 11490 EMERALD COAST PARKWAY, SUITE 2W MIRAMAR BEACH, FLORIDA 32550

SLIP LANE IMPROVEMENTS (1 OF 3)
SLIP LANE IMPROVEMENTS (2 OF 3)
SLIP LANE IMPROVEMENTS (3 OF 3)

Phase 3 - Curb Radius Modifications Total- 8 each

SEAL
NOT VALID WITHOUT SIGNATURE AND THE ORIGINAL SEAL

SHEET TITLE

OVERALL PLAN

C:\DROPBOX (IEC)\PROJECTS\ALYS BEACH\CR-30A\SLIP LANE IMPROVEMENTS\SLIP LANE IMPROVEMENTS (SELECTED OPTION).DWG, Jamar, 9/12/2019 6:38:57 PM

INNERLIGHT ENGINEERING CORPORATION

THINK

•

INNERLIGHT ENGINEERING CORPORATION | THE DRAWINGS, SPECIFICATIONS, AND OTHER DOCUMENTS PREPARED BY INNERLIGHT ENGINEERING CORPORATION (IEC) ARE FOR THE SOLE USE ON THIS PROJECT UNLESS OTHERWISE PROVIDED, IEC SHALL BE DEEMED THE AUTHOR AND RETAIN ALL COMMON LAW, STATUTORY AND OTHER RESERVED RIGHTS, INCLUDING COPYRIGHT.

NOT RELEASED FOR CONSTRUCTION UNLESS SIGNED BY THE ENGINEER OF RECORD HERE:  	

SHEET NUMBER
1.0

E.1

SOMERSET STREET INTERSECTION

ALYS BEACH - C.R. 30-A
INTERSECTION IMPROVEMENTS

EBSCO GULF COAST DEVELOPMENT, INC. BOX 61-5500
ALYS BEACH, FLORIDA 32461-5500

NTS

RECORD DATA
DATE: 09/12/2019
REV. NO: N/A
     	REV. DATE: N/A DRAWN BY: MTM REVIEWED  BY: JAM

 	SEAL	
NOT VALID WITHOUT SIGNATURE AND THE ORIGINAL SEAL

SHEET TITLE

ENLARGED PLAN (2 OF 3)

F.1

CASTLE HARBOUR DRIVE INTERSECTION
NTS

  SHEET NUMBER 
2.1

C:\DROPBOX (IEC)\PROJECTS\ALYS BEACH\CR-30A\SLIP LANE IMPROVEMENTS\SLIP LANE IMPROVEMENTS (SELECTED OPTION).DWG, Jamar, 9/12/2019 6:39:16 PM

INNERLIGHT ENGINEERING CORPORATION

THINK

•

SOLVE

•

SERVE

THE APPLIED SCIENCE OF SUCCESS

11490 EMERALD COAST PARKWAY, SUITE 2W
MIRAMAR BEACH | FLORIDA | 32550

INNERLIGHT ENGINEERING CORPORATION | THE DRAWINGS, SPECIFICATIONS, AND OTHER DOCUMENTS PREPARED BY INNERLIGHT ENGINEERING CORPORATION (IEC) ARE FOR THE SOLE USE ON THIS PROJECT UNLESS OTHERWISE PROVIDED, IEC SHALL BE DEEMED THE AUTHOR AND RETAIN ALL COMMON LAW, STATUTORY AND OTHER RESERVED RIGHTS, INCLUDING COPYRIGHT.

NOT RELEASED FOR CONSTRUCTION UNLESS SIGNED BY THE ENGINEER OF RECORD HERE:  	

G.1

ALYS BEACH EAST END IMPROVEMENTS

ALYS BEACH - C.R. 30-A
INTERSECTION IMPROVEMENTS

EBSCO GULF COAST DEVELOPMENT, INC. BOX 61-5500
ALYS BEACH, FLORIDA 32461-5500

NTS

RECORD DATA
DATE: 09/12/2019
REV. NO: N/A REV. DATE: N/A DRAWN BY: MTM
REVIEWED BY: JAM

 	SEAL	
NOT VALID WITHOUT SIGNATURE AND THE ORIGINAL SEAL

    SHEET TITLE 

ENLARGED PLAN (3 OF 3)

C:\DROPBOX (IEC)\PROJECTS\ALYS BEACH\CR-30A\SLIP LANE IMPROVEMENTS\SLIP LANE IMPROVEMENTS (SELECTED OPTION).DWG, Jamar, 9/12/2019 6:39:24 PM

INNERLIGHT ENGINEERING CORPORATION

THINK

•

SOLVE

•

SERVE

THE APPLIED SCIENCE OF SUCCESS

11490 EMERALD COAST PARKWAY, SUITE 2W
MIRAMAR BEACH | FLORIDA | 32550

INNERLIGHT ENGINEERING CORPORATION | THE DRAWINGS, SPECIFICATIONS, AND OTHER DOCUMENTS PREPARED BY INNERLIGHT ENGINEERING CORPORATION (IEC) ARE FOR THE SOLE USE ON THIS PROJECT UNLESS OTHERWISE PROVIDED, IEC SHALL BE DEEMED THE AUTHOR AND RETAIN ALL COMMON LAW, STATUTORY AND OTHER RESERVED RIGHTS, INCLUDING COPYRIGHT.

NOT RELEASED FOR CONSTRUCTION UNLESS SIGNED BY THE ENGINEER OF RECORD HERE:  	

  SHEET NUMBER 
2.2