Astonia
Community Development District Meeting Agenda
April 8, 2026

Astonia
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 1, 2026
Board of Supervisors Meeting
Astonia Community Development District

Dear Board Members:
A meeting of the Board of Supervisors of the Astonia Community Development District will be held Wednesday, April 8, 2026, at 1:00 PM at the Holiday Inn—Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, FL 33880.
Call-In: +1-305-224-1968	Meeting ID: 867 8298 0965
Zoom Link: https://us06web.zoom.us/j/86782980965

Roll Call
Public Comment Period (Public Comments will be limited to three (3) minutes)
Approval of Minutes of the February 11, 2026 Board of Supervisors Meeting
Consideration of Resolution 2026-06 Approving the Proposed Fiscal Year 2027 Budget and Setting a Public Hearing to Adopt
Consideration of Resolution 2026-07 Relating to General Election Qualifying Period and Procedure
Consideration of Resolution 2026-08 Certifying the Series 2020 AA1 Project Complete
Engineer’s Certificate of Completion
Consideration of Resolution 2026-09 Certifying Series 2021 AA2 Project Complete
Engineer’s Certificate of Completion
Consideration of Resolution 2026-10 Certifying Series 2021 North Parcel Project Complete
Engineer’s Certificate of Completion
Presentation of Arbitrage Report – Series 2024, Assessment Area 4
Ratification of Weber Proposal for Vehicle Damaged Landscape Replacement
Discussion of Security Related Lighting
Staff Reports
Attorney
Engineer
Field Manager’s Report
Ratification of Proposal for Replacement Umbrella
Consideration of Proposal for Replacement Bench
District Manager’s Report
Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

!!"#$%&
MINUTES OF MEETING ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Astonia Community Development District was held on Wednesday, February 11, 2026, at 1:00 p.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present and constituting a quorum:

Halsey Carson	Chairperson
Cody Hatmaker	Vice Chairman
Corey Hatmaker	Assistant Secretary Also present were:
Katie O’Rourke	District Manager, GMS Savannah Hancock by Zoom	District Counsel, KVW Law Allen Bailey	Field Manager, GMS

FIRST ORDER OF BUSINESS	Roll Call
Ms. O’Rourke called the meeting to order and called the roll at 1:00 p.m. Three Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. O’Rourke opened the public comment period. There we no members of the public present and no members on Zoom.

THIRD ORDER OF BUSINESS	Approval of Minutes of the January 14
2026 Board of Supervisors Meeting
Ms. O’Rourke presented the minutes from the January 14, 2026 meeting and, pending any further corrections, requested a motion to approve them.
February 11, 2026	Astonia CDD

FOURTH ORDER OF BUSINESS	Public Hearing
Ms. O’Rourke asked for a motion to open the public hearing. She noted that there were no members of the public present.

A. Consideration of Resolution 2026-05 Adopting Amended and Restated Rules of Procedure
Ms. O’Rourke stated Resolution 2026-05 is intended to approve minor statutory updates to the rules of procedure, reflecting changes passed during the most recent legislative session. The specific updates are detailed on page 14 of the agenda package and have not changed since their previous review. Ms. Hancock is available to provide a brief explanation if needed.

Ms. O’Rourke asked for a motion to close the public hearing.

FIFTH ORDER OF BUSINESS	Consideration	of	GMS	Proposal	for
Daring Drive Gate
Mr. Bailey stated after speaking with Gary, it was confirmed that the fence remains intact and there are no current issues. The situation will continue to be monitored. He stated they are coordinating with the sheriff's department to install deterrent signs.
February 11, 2026	Astonia CDD

SIXTH ORDER OF BUSINESS	Consideration of Proposal for Janitorial
Maintenance at Playgrounds & Mailboxes
Mr. Bailey reviewed a proposal for CSS to address littering caused by free papers left at mailboxes. The janitorial service would provide weekly litter cleanup at the North Mail area, the amenity mail area, and the pool for an extra $200 per month, supplementing their regular trash collection. This would add an additional $2,400 a year to the budget. Ms. O’Rourke stated the proposal was on page 106.

SEVENTH ORDER OF BUSINESS	Consideration	of	Contract	Agreement
with Polk County Property Appraiser
Ms. O’Rourke stated on page 85 in the agenda packet is a standard annual contract with the Polk County property appraiser, which allows the listing of parcels for assessment collection.

EIGHTH ORDER OF BUSINESS	Staff Reports
A. Attorney
Ms. Hancock reminded the Board that legislative session is happening right now and they are considering a handful of bills that could impact CDDs. There were no questions for Ms. Hancock.

B. Engineer
There being no comments, the next item followed.

C. Field Manager’s Report
Mr. Bailey stated there was a request from the HOA to add signage at the playground to address issues with dogs. Amenity lights have been updated with new timers, vendors are performing as expected, and the community is monitoring landscape recovery from recent cold
February 11, 2026	Astonia CDD

weather. A previously damaged fence on Fury Street has been repaired, solar lights have been installed, and dumping at Hatteras has been cleaned up. Plumbing issues in the amenity center restrooms and shower have been fixed.

Consideration of Proposal for Playground Mulch
Mr. Bailey stated the confusion over a playground mulching proposal was resolved, and the North playground will be mulched by Weber as originally planned at no additional charge.

D. District Manager’s Report
Check Register
Ms. O’Rourke reviewed the written checks and invoices paid for December totaling
$1,397,905.27. She noted that staff confirmed the accuracy of these financials and the Board was asked to approve them. She stated this was on page 97 in the agenda package.

Balance Sheet & Income Statement
Ms. O’Rourke noted the unaudited financial statements, including the balance sheet and income statement, were also presented for informational purposes, with the manager available to answer any questions. This is on page 102 of the agenda package.

NINTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

TENTH ORDER OF BUSINESS	Supervisor’s	Requests	and	Audience
Comments
Ms. O’Rourke opened the meeting to Supervisor requests and audience comments. There being no comments, the next item followed.

ELEVENTH ORDER OF BUSINESS	Adjournment
Ms. O’Rourke adjourned the meeting.
February 11, 2026	Astonia CDD

Secretary/Assistant Secretary	Chairman/Vice Chairman

!!"#$%& 4
RESOLUTION 2026-06
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ASTONIA COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2027 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to June 15, 2026, prepared and submitted to the Board of Supervisors (“Board”) of the Astonia Community Development District (“District”) proposed budgets (“Proposed Budget”) for the Fiscal Year beginning October 1, 2026, and ending September 30, 2027 (“Fiscal Year 2027”); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ASTONIA COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2027 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.
SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	August 12, 2026
HOUR:	1:00 p.m.

LOCATION:	Holiday Inn—Winter Haven
200 Cypress Gardens Blvd. Winter Haven, FL 33880
TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL
PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Polk County, Florida at least sixty (60) days prior to the hearing set above.
POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two (2) days before the
budget hearing date as set forth in Section 2, and shall remain on the website for at least forty-five (45) days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.
SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 8TH DAY OF APRIL 2026.

ATTEST:	ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

By: 	

Secretary	Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2027

Astonia
Community Development District

Proposed Budget
FY 2027
Table of Contents

1-2

3-7

8

9

10-11

12

13-14

15

16

17

18

19
	General Fund

	General Fund Narrative

	Capital Reserve 

	Debt Service Fund-Series 2020

	Amortization Schedule

	Debt Service Fund-Series 2021

	Amortization Schedule

	Debt Service Fund-Series 2021 North Parcel

	Amortization Schedule

	Debt Service Fund-Series 2023

	Amortization Schedule

	Debt Service Fund-Series 2024

20-21 	Amortization Schedule
Astonia
Community Development District Proposed Budget
General Fund

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	1/31/26	8 Months	9/30/26	FY2027	
Revenues						
Assessments - Tax Roll	$	963,855	$	911,017	$	52,837	$	963,855	$	963,855	
Interest Income	$	-	$	5,481	$	7,000	$	12,481	$	-	
Miscellaneous Income	$	-	$	5,774	$	-	$5,774	$	-	
Total Revenues	$	963,855	$	922,272	$	59,837	$	982,109	$	963,855	
Expenditures						
Administrative
Supervisor Fees	
$	12,000	
$	-	
$	8,000	
$	8,000	
$	12,000	
FICA Expense	$	918	$	-	$	612	$	612	$	918	
Engineering	$	15,000	$	1,250	$	2,500	$	5,250	$	15,000	
Attorney	$	30,000	$	5,204	$	10,409	$	15,613	$	30,000	
Annual Audit	$	9,300	$	-	$	9,300	$	9,300	$	9,300	
Assessment Administration	$	7,030	$	7,030	$	-	$	7,030	$	7,382	
Arbitrage	$	2,250	$	450	$	1,800	$	2,250	$	2,250	
Dissemination	$	13,519	$	4,506	$	9,012	$	13,519	$	14,195	
Disclosure Software	$	5,000	$	1,500	$	3,500	$	5,000	$	5,000	
Trustee Fees	$	21,512	$	4,445	$	17,068	$	21,512	$	21,512	
Management Fees	$	46,350	$	15,450	$	30,900	$	46,350	$	48,668	
Information Technology	$	1,854	$	618	$	1,236	$	1,854	$	1,947	
Website Maintenance	$	1,236	$	412	$	824	$	1,236	$	1,298	
Postage & Delivery	$	2,500	$	776	$	1,552	$	2,329	$	2,500	
Insurance	$	7,085	$	6,530	$	-	$	6,530	$	7,183	
Copies	$	200	$	57	$	75	$	132	$	200	
Legal Advertising	$	6,000	$	813	$	4,187	$	5,000	$	6,000	
Contingency	$	2,200	$	60	$	121	$	181	$	1,500	
Office Supplies	$	250	$	2	$	35	$	37	$	250	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative	$	184,379	$	49,279	$	101,131	$	151,910	$	187,276	

Operations & Maintenance
Field Services
Property Insurance	

$	22,292	

$	20,358	

$	-	

$	20,358	

$	19,674	
Field Management	$	20,000	$	6,667	$	13,333	$	20,000	$	21,000	
Landscape Maintenance	$	245,000	$	76,172	$	152,344	$	228,516	$	235,000	
Landscape Replacement	$	35,000	$	-	$	17,500	$	17,500	$	35,000	
Lake Maintenance	$	30,000	$	7,325	$	15,475	$	22,800	$	25,000	
Streetlights	$	48,000	$	19,631	$	39,262	$	58,893	$	64,782	
Electric	$	15,872	$	1,522	$	3,043	$	4,565	$	8,000	
Water & Sewer	$	72,192	$	4,953	$	28,000	$	32,953	$	40,000	
Sidewalk & Asphalt Maintenance	$	2,500	$	-	$	1,250	$	1,250	$	2,500	
Irrigation Repairs	$	15,000	$	1,968	$	3,936	$	5,904	$	15,000	
General Repairs & Maintenance	$	17,000	$	1,567	$	8,500	$	10,067	$	22,000	
Contingency	$	15,000	$	1,066	$	7,500	$	8,566	$	15,000	
Reserve Study	$	-	$	-	$	-	$	-	$	7,500	
Subtotal Field Expenses	$	537,856	$	141,228	$	290,143	$	431,371	$	510,456	
Astonia
Community Development District Proposed Budget
General Fund

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget		
Description	FY2026	1/31/26	8 Months	9/30/26	FY2027		

Amenity Expenses							
Amenity - Electric	$	17,250	$	4,707	$	9,413	$	14,120	$	17,250		
Amenity - Water	$	33,770	$	8,254	$	16,508	$	24,761	$	33,770		
Internet	$	3,000	$	480	$	960	$	1,440	$	1,560		
Pest Control	$	1,500	$	500	$	1,000	$	1,500	$	1,500		
Janitorial Service	$	20,000	$	5,320	$	10,640	$	15,960	$	20,400		
Security Services	$	50,770	$	10,581	$	21,163	$	31,744	$	52,293		
Pool Maintenance	$	36,000	$	10,000	$	28,790	$	38,790	$	40,000		
Amenity Repairs & Maintenance	$	15,000	$	2,598	$	5,196	$	7,794	$	20,000		
Amenity Management	$	15,000	$	5,000	$	10,000	$	15,000	$	15,750		
Holiday Lights	$	15,000	$	8,100	$	-	$	8,100	$	15,000		
Contingency	$	10,000	$	600	$	5,000	$	5,600	$	10,000		
Subtotal Amenity Expenses	$	217,290	$	56,140	$	108,670	$	164,809	$	227,523		
							
Total Operations & Maintenance	$	755,146	$	197,368	$	398,813	$	596,181	$	737,979		

Other Financing Sources & Uses							
Capital Reserves	$	24,330	$	-	$	24,330	$	24,330	$	38,599		
Total Other Expenses	$	24,330	$	-	$	24,330	$	24,330	$	38,599		
							
Total Expenditures	$	963,855	$	246,647	$	524,274	$	772,421	$	963,855		
							
Excess Revenues/(Expenditures)	$	-	$	675,625	$	(464,436)	$	209,688	$	-		

Net Assessments	
$	963,855						
Add: Discounts & Collections 7%		$72,548 						
Gross Assessments		$1,036,403 						
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Platted - Single Family	1013.00	1013	1.00	$743,628.84	$734.09	$789.34	
Platted - Chateau at Astonia	174.00	232	0.75	$127,730.92	$550.56	$592.00	
Platted - Pine Tree Trail	126.00	168	0.75	$92,494.80	$550.56	$592.00	
Total ERU's	1313.00	1413		$963,854.55			

FY2027
Gross	FY2026
Gross	Increase/
(Decrease)	
$789.34	$	789.34	$	-	
$592.00	$	592.00	$	-	
$592.00	$	592.00	$	-	
Astonia
Community Development District
GENERAL FUND BUDGET

REVENUES:

Assessments

The District will levy a non-ad valorem assessment on all assessable property within the District to fund all general operating and maintenance expenditures during the fiscal year.

EXPENDITURES:

Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed $4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisors checks

Engineering

The District's engineer provides general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel provides general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration

The District has contracted to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District contracted with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on its Series 2020, Series 2021 (Area 2 and North Parcel), Series 2023 and Series 2024 bonds.
Astonia
Community Development District
GENERAL FUND BUDGET

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon the Series 2020, Series 2021 (Area 2 and North Parcel), Series 2023 and Series 2024 bond series.

Disclosure Software

The District has contracted with DTS to provide software platform for filing various reports required in accordance with the Continuing Disclosure Agreements for the various bond issue(s).

Trustee Fees

The District will incur trustee related costs with the issuance of its’ Series 2020, Series 2021 (Area 2 and North Parcel), Series 2023 and Series 2024 bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents costs related to the District’s information systems, which include but are not limited to video conferencing services, cloud storage services and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverages.

Copies

Printing agenda materials for board meetings, printing of computerized checks, stationary, envelopes etc.

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.
Astonia
Community Development District
GENERAL FUND BUDGET

Contingency

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for $175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Services

Property Insurance

The District’s property insurance coverages.

Field Management

Represents the costs of contract services that provide onsite field management of contracts for the District such as landscape and lake maintenance. Services can include onsite inspections, meetings with contractors, monitoring of utility accounts, attend Board meetings and receive and respond to property owner phone calls and emails.

Landscape Maintenance

Represents the maintenance of the landscaping within the common areas of the District after the installation of landscape material has been completed.

Landscape Replacement

Represents the estimated cost of replacing landscaping within the common areas of the District.

Lake Maintenance

Represents monthly aquatic management services for inspection and treatment of lakes throughout the District.

Streetlights

Represents the cost to maintain street lights within the District Boundaries that are expected to be in place throughout the fiscal year.

Electric

Represents current and estimated electric charges of common areas throughout the District.
Astonia
Community Development District
GENERAL FUND BUDGET

Water & Sewer

Represents current and estimated costs for water and refuse services provided for common areas throughout the District.

Sidewalk & Asphalt Maintenance

Represents the estimated costs of maintaining the sidewalks and asphalt throughout the District’s Boundary.

Irrigation Repairs

Represents the cost of maintaining and repairing the irrigation system. This includes the sprinklers, and irrigation wells.

General Repairs & Maintenance

Represents estimated costs for general repairs and maintenance of the District’s common areas.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

Reserve Study

The District will conduct a Reserve Study used to identify major common area components and forecast the necessary funding for their repair or replacement.

Amenity Expenses

Amenity - Electric

Represents electric charges for the District’s amenity facilities.

Amenity – Water

Represents water charges for the District’s amenity facilities.

Internet

Internet service for use at the Amenity Center.

Pest Control

Represents pest control treatments to its amenity facilities.

Janitorial Services

Represents the costs to provide janitorial services and supplies for the District’s amenity facilities.

Security Services

Represents the cost of contracting a monthly security service for the District’s amenity facilities.
Astonia
Community Development District
GENERAL FUND BUDGET

Pool Maintenance

Represents the costs of regular cleaning and treatments of the District’s pool.

Amenity Repairs & Maintenance

Represents the costs for repairs and maintenance of the District’s amenity facilities.

Amenity Management

Provides access card issuance through registration, proof of residency, and photo identification. The team also provides keycard troubleshooting for issues and concerns related to access control. Staff reviews security concerns and amenity policy violations via remote camera monitoring on an as-needed basis. Districts are provided electronic communication for District news and direct remote customer service through phone and email directly to the Amenity Access Team.

Holiday Lights

Represents the cost of adding holiday lighting to the district’s amenities annually.

Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any amenity category.

Other Expenses:

Capital Reserves

Funds collected and reserved for the replacement of and/or purchase of new capital improvements throughout the District.
Astonia
Community Development District Proposed Budget
Capital Reserve

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2026	1/31/26	8 Months	9/30/26	FY2027	
Revenues						
Carry Forward Surplus	$	183,674	$	184,203	$	-	$	184,203	$	215,153	
Interest	$	3,000	$	2,207	$	4,413	$	6,620	$	3,000	
Total Revenues	$	186,674	$	186,410	$	4,413	$	190,823	$	218,153	
Expenditures						
Contingency	$	1,000	$	-	$	-	$	-	$	1,000	
Total Expenditures	$	1,000	$	-	$	-	$	-	$	1,000	
Other Financing Sources & Uses 						
Transfer In/(Out)	$	24,330	$	-	$	24,330	$	24,330	$	38,599	
Total Other Sources/(Uses)	$	24,330	$	-	$	24,330	$	24,330	$	38,599	
						
Excess Revenues/(Expenditures)	$	210,004	$	186,410	$	28,743	$	215,153	$	255,752	
Astonia
Community Development District

Proposed Budget Debt Service Fund Series 2020

Revenues							
Assessments - On Roll	$	220,403	$	205,938	$	14,465	$	220,403	$	220,403		
Interest Income	$	4,000	$	2,062	$	4,124	$	6,186	$	3,000		
Carry Forward Surplus	$	97,991	$	95,967	$	-	$	95,967	$	115,185		
Total Revenues	$	322,394	$	303,967	$	18,589	$	322,556	$	338,588		
Expenses							
Interest- 11/01	$	68,256	$	68,256	$	-	$	68,256	$	66,906		
Principal - 05/01	$	80,000	$	-	$	80,000	$	80,000	$	85,000		
Interest - 05/01	$	68,256	$	-	$	68,256	$	68,256	$	66,906		
Total Expenditures	$	216,513	$	68,256	$	148,256	$	216,513	$	218,813		

Other Financing Sources/(Uses)							
Transfer In/(Out)	$	-	$	9,142	$	-	$	9,142	$	-		
Total Other Financing Sources/(Uses)	$	-	$	9,142	$	-	$	9,142	$	-		
							
Excess Revenues/(Expenditures)	$	105,881	$	244,852	$	(129,667)	$	115,185	$	119,776		
				
Series 2020 Interest - 11/01	

	$65,472			
Total 	$65,472								
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Single Family - 40'	58.40	73	0.80	$72,967.89	$1,000	$1,075	
Single Family - 50'	118.00	118	1.00	$147,435.11	$1,249	$1,343	
Total ERU's	176.40	191		$220,403.00			
Astonia Community Development District Series 2020 Special Assessment Bonds
Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	3,400,000.00	$	-	$	66,906.25	$	215,162.50	
05/01/27	$	3,400,000.00	$	85,000.00	$	66,906.25			
11/01/27	$	3,315,000.00	$	-	$	65,471.88	$	217,378.13	
05/01/28	$	3,315,000.00	$	85,000.00	$	65,471.88			
11/01/28	$	3,230,000.00	$	-	$	64,037.50	$	214,509.38	
05/01/29	$	3,230,000.00	$	90,000.00	$	64,037.50			
11/01/29	$	3,140,000.00	$	-	$	62,518.75	$	216,556.25	
05/01/30	$	3,140,000.00	$	90,000.00	$	62,518.75			
11/01/30	$	3,050,000.00	$	-	$	61,000.00	$	213,518.75	
05/01/31	$	3,050,000.00	$	95,000.00	$	61,000.00			
11/01/31	$	2,955,000.00	$	-	$	59,100.00	$	215,100.00	
05/01/32	$	2,955,000.00	$	100,000.00	$	59,100.00			
11/01/32	$	2,855,000.00	$	-	$	57,100.00	$	216,200.00	
05/01/33	$	2,855,000.00	$	105,000.00	$	57,100.00			
11/01/33	$	2,750,000.00	$	-	$	55,000.00	$	217,100.00	
05/01/34	$	2,750,000.00	$	105,000.00	$	55,000.00			
11/01/34	$	2,645,000.00	$	-	$	52,900.00	$	212,900.00	
05/01/35	$	2,645,000.00	$	110,000.00	$	52,900.00			
11/01/35	$	2,535,000.00	$	-	$	50,700.00	$	213,600.00	
Astonia Community Development District Series 2020 Special Assessment Bonds
Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	

05/01/36	
$	
2,535,000.00	
$	
115,000.00	
$	
50,700.00			
11/01/36	$	2,420,000.00	$	-	$	48,400.00	$	214,100.00	
05/01/37	$	2,420,000.00	$	120,000.00	$	48,400.00			
11/01/37	$	2,300,000.00	$	-	$	46,000.00	$	214,400.00	
05/01/38	$	2,300,000.00	$	125,000.00	$	46,000.00			
11/01/38	$	2,175,000.00	$	-	$	43,500.00	$	214,500.00	
05/01/39	$	2,175,000.00	$	130,000.00	$	43,500.00			
11/01/39	$	2,045,000.00	$	-	$	40,900.00	$	214,400.00	
05/01/40	$	2,045,000.00	$	135,000.00	$	40,900.00			
11/01/40	$	1,910,000.00	$	-	$	38,200.00	$	214,100.00	
05/01/41	$	1,910,000.00	$	140,000.00	$	38,200.00			
11/01/41	$	1,770,000.00	$	-	$	35,400.00	$	213,600.00	
05/01/42	$	1,770,000.00	$	145,000.00	$	35,400.00			
11/01/42	$	1,625,000.00	$	-	$	32,500.00	$	212,900.00	
05/01/43	$	1,625,000.00	$	155,000.00	$	32,500.00			
11/01/43	$	1,470,000.00	$	-	$	29,400.00	$	216,900.00	
05/01/44	$	1,470,000.00	$	160,000.00	$	29,400.00			
11/01/44	$	1,310,000.00	$	-	$	26,200.00	$	215,600.00	
05/01/45	$	1,310,000.00	$	165,000.00	$	26,200.00			
11/01/45	$	1,145,000.00	$	-	$	22,900.00	$	214,100.00	
05/01/46	$	1,145,000.00	$	175,000.00	$	22,900.00			
11/01/46	$	970,000.00	$	-	$	19,400.00	$	217,300.00	
05/01/47	$	970,000.00	$	180,000.00	$	19,400.00			
11/01/47	$	790,000.00	$	-	$	15,800.00	$	215,200.00	
05/01/48	$	790,000.00	$	185,000.00	$	15,800.00	$	-	
11/01/48	$	605,000.00	$	-	$	12,100.00	$	212,900.00	
05/01/49	$	605,000.00	$	195,000.00	$	12,100.00	$	-	
11/01/49	$	410,000.00	$	-	$	8,200.00	$	215,300.00	
05/01/50	$	410,000.00	$	200,000.00	$	8,200.00	$	-	
11/01/50	$	210,000.00	$	-	$	4,200.00	$	212,400.00	
05/01/51	$	210,000.00	$	210,000.00	$	4,200.00	$	214,200.00	
			$	3,400,000.00	$	2,035,668.75	$	5,583,925.00	
Astonia
Community Development District

Proposed Budget Debt Service Fund Series 2021

Description	Adopted Budget FY2026	Actuals Thru 1/31/26	Projected Next
8 Months	Projected Thru 9/30/26	Proposed Budget FY2027	

Revenues						
Assessments	$	558,500	$	527,884	$	30,616	$	558,500	$	558,500	
Interest Income	$	10,000	$	5,800	$	5,000	$	10,800	$	8,000	
Carry Forward Surplus	$	285,863	$	285,705	$	-	$	285,705	$	297,435	
Total Revenues	$	854,363	$	819,390	$	35,616	$	855,005	$	863,935	

Expenses						
Interest- 11/01	$	168,785	$	168,785	$	-	$	168,785	$	166,035	
Principal - 05/01	$	220,000	$	-	$	220,000	$	220,000	$	225,000	
Interest - 05/01	$	168,785	$	-	$	168,785	$	168,785	$	166,035	
Total Expenditures	$	557,570	$	168,785	$	388,785	$	557,570	$	557,070	
						
Excess Revenues/(Expenditures)	$	296,793	$	650,605	$	(353,169)	$	297,435	$	306,865	

*Carry forward less amount in Reserve funds.						
				Series 2021 Interest - 11/01	
	$162,660		
Total 	$162,660	

Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Single Family - 40'	172.80	216	0.80	$216,000.00	$1,000	$1,075	
Single Family - 50'	274.00	274	1.00	$342,500.00	$1,250	$1,344	
Total ERU's	446.80	490		$558,500.00			
Astonia
Community Development District Series 2021 Special Assessment Bonds Area 2 Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	9,215,000.00	$	-	$	166,035.00	$	554,820.00	
05/01/27	$	9,215,000.00	$	225,000.00	$	166,035.00			
11/01/27	$	8,990,000.00	$	-	$	162,660.00	$	553,695.00	
05/01/28	$	8,990,000.00	$	235,000.00	$	162,660.00			
11/01/28	$	8,755,000.00	$	-	$	159,135.00	$	556,795.00	
05/01/29	$	8,755,000.00	$	240,000.00	$	159,135.00			
11/01/29	$	8,515,000.00	$	-	$	155,535.00	$	554,670.00	
05/01/30	$	8,515,000.00	$	250,000.00	$	155,535.00			
11/01/30	$	8,265,000.00	$	-	$	151,785.00	$	557,320.00	
05/01/31	$	8,265,000.00	$	255,000.00	$	151,785.00			
11/01/31	$	8,010,000.00	$	-	$	147,960.00	$	554,745.00	
05/01/32	$	8,010,000.00	$	265,000.00	$	147,960.00			
11/01/32	$	7,745,000.00	$	-	$	143,720.00	$	556,680.00	
05/01/33	$	7,745,000.00	$	275,000.00	$	143,720.00			
11/01/33	$	7,470,000.00	$	-	$	139,320.00	$	558,040.00	
05/01/34	$	7,470,000.00	$	280,000.00	$	139,320.00			
11/01/34	$	7,190,000.00	$	-	$	134,840.00	$	554,160.00	
05/01/35	$	7,190,000.00	$	290,000.00	$	134,840.00			
11/01/35	$	6,900,000.00	$	-	$	130,200.00	$	555,040.00	
Astonia
Community Development District Series 2021 Special Assessment Bonds Area 2 Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	

05/01/36	
$	
6,900,000.00	
$	
300,000.00	
$	
130,200.00			
11/01/36	$	6,600,000.00	$	-	$	125,400.00	$	555,600.00	
05/01/37	$	6,600,000.00	$	310,000.00	$	125,400.00			
11/01/37	$	6,290,000.00	$	-	$	120,440.00	$	555,840.00	
05/01/38	$	6,290,000.00	$	320,000.00	$	120,440.00			
11/01/38	$	5,970,000.00	$	-	$	115,320.00	$	555,760.00	
05/01/39	$	5,970,000.00	$	330,000.00	$	115,320.00			
11/01/39	$	5,640,000.00	$	-	$	110,040.00	$	555,360.00	
05/01/40	$	5,640,000.00	$	340,000.00	$	110,040.00			
11/01/40	$	5,300,000.00	$	-	$	104,600.00	$	554,640.00	
05/01/41	$	5,300,000.00	$	350,000.00	$	104,600.00			
11/01/41	$	4,950,000.00	$	-	$	99,000.00	$	553,600.00	
05/01/42	$	4,950,000.00	$	365,000.00	$	99,000.00			
11/01/42	$	4,585,000.00	$	-	$	91,700.00	$	555,700.00	
05/01/43	$	4,585,000.00	$	380,000.00	$	91,700.00			
11/01/43	$	4,205,000.00	$	-	$	84,100.00	$	555,800.00	
05/01/44	$	4,205,000.00	$	395,000.00	$	84,100.00			
11/01/44	$	3,810,000.00	$	-	$	76,200.00	$	555,300.00	
05/01/45	$	3,810,000.00	$	410,000.00	$	76,200.00			
11/01/45	$	3,400,000.00	$	-	$	68,000.00	$	554,200.00	
05/01/46	$	3,400,000.00	$	430,000.00	$	68,000.00			
11/01/46	$	2,970,000.00	$	-	$	59,400.00	$	557,400.00	
05/01/47	$	2,970,000.00	$	445,000.00	$	59,400.00			
11/01/47	$	2,525,000.00	$	-	$	50,500.00	$	554,900.00	
05/01/48	$	2,525,000.00	$	465,000.00	$	50,500.00	$	-	
11/01/48	$	2,060,000.00	$	-	$	41,200.00	$	556,700.00	
05/01/49	$	2,060,000.00	$	485,000.00	$	41,200.00	$	-	
11/01/49	$	1,575,000.00	$	-	$	31,500.00	$	557,700.00	
05/01/50	$	1,575,000.00	$	505,000.00	$	31,500.00	$	-	
11/01/50	$	1,070,000.00	$	-	$	21,400.00	$	557,900.00	
05/01/51	$	1,070,000.00	$	525,000.00	$	21,400.00			
11/01/51	$	545,000.00	$	-	$	10,900.00	$	557,300.00	
05/01/52	$	545,000.00	$	545,000.00	$	10,900.00	$	555,900.00	
			$	9,215,000.00	$	5,401,780.00	$	15,005,565.00	
Astonia
Community Development District

Proposed Budget Debt Service Fund
Series 2021 North Parcel

Description	Adopted Budget FY2026	Actuals Thru 1/31/26	Projected Next
8 Months	Projected Thru 9/30/26	Proposed Budget FY2027		

Revenues							
Assessments	$	395,460	$	373,782	$	21,678	$	395,460	$	395,460		
Interest Income	$	5,000	$	3,992	$	4,000	$	7,992	$	5,000		
Carry Forward Surplus	$	190,028	$	190,779	$	-	$	190,779	$	196,796		
Total Revenues	$	590,488	$	568,553	$	25,678	$	594,231	$	597,256		

Expenses							
Interest- 11/01	$	116,218	$	116,218	$	-	$	116,218	$	114,155		
Principal - 05/01	$	165,000	$	-	$	165,000	$	165,000	$	165,000		
Interest - 05/01	$	116,218	$	-	$	116,218	$	116,218	$	114,155		
Total Expenditures	$	397,435	$	116,218	$	281,218	$	397,435	$	393,310		
							
Excess Revenues/(Expenditures)	$	193,053	$	452,335	$	(255,539)	$	196,796	$	203,946		
				
Series 2021 Interest - 11/01	

	$111,680			
Total 	$111,680								
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Single Family - 40'	111.20	139	0.80	$144,560.00	$1,040	$1,118	
Single Family - 50'	193.00	193	1.00	$250,900.00	$1,300	$1,398	
Total ERU's	304.20	332		$395,460.00			
Astonia
Community Development District
Series 2021 Special Assessment Bonds North Parcel Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	6,380,000.00	$	-	$	114,155.00	$	395,372.50	
05/01/27	$	6,380,000.00	$	165,000.00	$	114,155.00			
11/01/27	$	6,215,000.00	$	-	$	111,680.00	$	390,835.00	
05/01/28	$	6,215,000.00	$	170,000.00	$	111,680.00			
11/01/28	$	6,045,000.00	$	-	$	109,130.00	$	390,810.00	
05/01/29	$	6,045,000.00	$	175,000.00	$	109,130.00			
11/01/29	$	5,870,000.00	$	-	$	106,505.00	$	390,635.00	
05/01/30	$	5,870,000.00	$	185,000.00	$	106,505.00			
11/01/30	$	5,685,000.00	$	-	$	103,730.00	$	395,235.00	
05/01/31	$	5,685,000.00	$	190,000.00	$	103,730.00			
11/01/31	$	5,495,000.00	$	-	$	100,880.00	$	394,610.00	
05/01/32	$	5,495,000.00	$	195,000.00	$	100,880.00			
11/01/32	$	5,300,000.00	$	-	$	97,760.00	$	393,640.00	
05/01/33	$	5,300,000.00	$	200,000.00	$	97,760.00			
11/01/33	$	5,100,000.00	$	-	$	94,560.00	$	392,320.00	
05/01/34	$	5,100,000.00	$	205,000.00	$	94,560.00			
11/01/34	$	4,895,000.00	$	-	$	91,280.00	$	390,840.00	
05/01/35	$	4,895,000.00	$	215,000.00	$	91,280.00			
11/01/35	$	4,680,000.00	$	-	$	87,840.00	$	394,120.00	
05/01/36	$	4,680,000.00	$	220,000.00	$	87,840.00			
11/01/36	$	4,460,000.00	$	-	$	84,320.00	$	392,160.00	
05/01/37	$	4,460,000.00	$	230,000.00	$	84,320.00			
11/01/37	$	4,230,000.00	$	-	$	80,640.00	$	394,960.00	
05/01/38	$	4,230,000.00	$	235,000.00	$	80,640.00			
11/01/38	$	3,995,000.00	$	-	$	76,880.00	$	392,520.00	
05/01/39	$	3,995,000.00	$	245,000.00	$	76,880.00			
11/01/39	$	3,750,000.00	$	-	$	72,960.00	$	394,840.00	
05/01/40	$	3,750,000.00	$	250,000.00	$	72,960.00			
11/01/40	$	3,500,000.00	$	-	$	68,960.00	$	391,920.00	
05/01/41	$	3,500,000.00	$	260,000.00	$	68,960.00			
11/01/41	$	3,240,000.00	$	-	$	64,800.00	$	393,760.00	
05/01/42	$	3,240,000.00	$	270,000.00	$	64,800.00			
11/01/42	$	2,970,000.00	$	-	$	59,400.00	$	394,200.00	
05/01/43	$	2,970,000.00	$	280,000.00	$	59,400.00			
11/01/43	$	2,690,000.00	$	-	$	53,800.00	$	393,200.00	
05/01/44	$	2,690,000.00	$	290,000.00	$	53,800.00			
11/01/44	$	2,400,000.00	$	-	$	48,000.00	$	391,800.00	
05/01/45	$	2,400,000.00	$	305,000.00	$	48,000.00			
11/01/45	$	2,095,000.00	$	-	$	41,900.00	$	394,900.00	
05/01/46	$	2,095,000.00	$	315,000.00	$	41,900.00			
11/01/46	$	1,780,000.00	$	-	$	35,600.00	$	392,500.00	
05/01/47	$	1,780,000.00	$	330,000.00	$	35,600.00			
11/01/47	$	1,450,000.00	$	-	$	29,000.00	$	394,600.00	
05/01/48	$	1,450,000.00	$	340,000.00	$	29,000.00	$	-	
11/01/48	$	1,110,000.00	$	-	$	22,200.00	$	391,200.00	
05/01/49	$	1,110,000.00	$	355,000.00	$	22,200.00	$	-	
11/01/49	$	755,000.00	$	-	$	15,100.00	$	392,300.00	
05/01/50	$	755,000.00	$	370,000.00	$	15,100.00	$	-	
11/01/50	$	385,000.00	$	-	$	7,700.00	$	392,800.00	
05/01/51	$	385,000.00	$	385,000.00	$	7,700.00	$	392,700.00	
			$	6,380,000.00	$	3,557,560.00	$	10,218,777.50	
Astonia
Community Development District

Proposed Budget Debt Service Fund Series 2023

Description	Adopted Budget FY2026	Actuals Thru 1/31/26	Projected Next
8 Months	Projected Thru 9/30/26	Proposed Budget FY2027		

Revenues							
Assessments - Tax Roll	$	278,389	$	263,128	$	15,261	$	278,389	$	278,389		
Interest Income	$	5,000	$	1,907	$	3,000	$	4,907	$	3,000		
Carry Forward Surplus	$	143,836	$	143,641	$	-	$	143,641	$	147,455		
Total Revenues	$	427,225	$	408,676	$	18,261	$	426,936	$	428,844		

Expenses							
Interest- 12/15	$	104,741	$	104,741	$	-	$	104,741	$	103,218		
Principal - 06/15	$	70,000	$	-	$	70,000	$	70,000	$	70,000		
Interest - 06/15	$	104,741	$	-	$	104,741	$	104,741	$	103,218		
Total Expenditures	$	279,481	$	104,741	$	174,741	$	279,481	$	276,436		
							
Excess Revenues/(Expenditures)	$	147,744	$	303,935	$	(156,480)	$	147,455	$	152,408		

*Carry forward less amount in Reserve funds.							
				Series 2023 Interest - 11/01	
	$101,696			
Total 	$101,696								
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Town Home	174.00	232	0.75	$278,388.66	$1,200	$1,290	
Total ERU's	174.00	232		$278,388.66			
Astonia
Community Development District Series 2023 Special Assessment Bonds Area 3 Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
12/15/26	$	3,970,000.00	$	-	$	103,218.13	$	277,958.75	
06/15/27	$	3,970,000.00	$	70,000.00	$	103,218.13			
12/15/27	$	3,900,000.00	$	-	$	101,695.63	$	274,913.75	
06/15/28	$	3,900,000.00	$	75,000.00	$	101,695.63			
12/15/28	$	3,825,000.00	$	-	$	100,064.38	$	276,760.00	
06/15/29	$	3,825,000.00	$	80,000.00	$	100,064.38			
12/15/29	$	3,745,000.00	$	-	$	98,324.38	$	278,388.75	
06/15/30	$	3,745,000.00	$	80,000.00	$	98,324.38			
12/15/30	$	3,665,000.00	$	-	$	96,584.38	$	274,908.75	
06/15/31	$	3,665,000.00	$	85,000.00	$	96,584.38			
12/15/31	$	3,580,000.00	$	-	$	94,406.25	$	275,990.63	
06/15/32	$	3,580,000.00	$	90,000.00	$	94,406.25			
12/15/32	$	3,490,000.00	$	-	$	92,100.00	$	276,506.25	
06/15/33	$	3,490,000.00	$	95,000.00	$	92,100.00			
12/15/33	$	3,395,000.00	$	-	$	89,665.63	$	276,765.63	
06/15/34	$	3,395,000.00	$	100,000.00	$	89,665.63			
12/15/34	$	3,295,000.00	$	-	$	87,103.13	$	276,768.75	
06/15/35	$	3,295,000.00	$	105,000.00	$	87,103.13			
12/15/35	$	3,190,000.00	$	-	$	84,412.50	$	276,515.63	
06/15/36	$	3,190,000.00	$	110,000.00	$	84,412.50			
12/15/36	$	3,080,000.00	$	-	$	81,593.75	$	276,006.25	
06/15/37	$	3,080,000.00	$	115,000.00	$	81,593.75			
12/15/37	$	2,965,000.00	$	-	$	78,646.88	$	275,240.63	
06/15/38	$	2,965,000.00	$	120,000.00	$	78,646.88			
12/15/38	$	2,845,000.00	$	-	$	75,571.88	$	274,218.75	
06/15/39	$	2,845,000.00	$	130,000.00	$	75,571.88			
12/15/39	$	2,715,000.00	$	-	$	72,240.63	$	277,812.50	
06/15/40	$	2,715,000.00	$	135,000.00	$	72,240.63			
12/15/40	$	2,580,000.00	$	-	$	68,781.25	$	276,021.88	
06/15/41	$	2,580,000.00	$	140,000.00	$	68,781.25			
12/15/41	$	2,440,000.00	$	-	$	65,193.75	$	273,975.00	
06/15/42	$	2,440,000.00	$	150,000.00	$	65,193.75			
12/15/42	$	2,290,000.00	$	-	$	61,350.00	$	276,543.75	
06/15/43	$	2,290,000.00	$	155,000.00	$	61,350.00			
12/15/43	$	2,135,000.00	$	-	$	57,378.13	$	273,728.13	
06/15/44	$	2,135,000.00	$	165,000.00	$	57,378.13			
12/15/44	$	1,970,000.00	$	-	$	52,943.75	$	275,321.88	
06/15/45	$	1,970,000.00	$	175,000.00	$	52,943.75			
12/15/45	$	1,795,000.00	$	-	$	48,240.63	$	276,184.38	
06/15/46	$	1,795,000.00	$	185,000.00	$	48,240.63			
12/15/46	$	1,610,000.00	$	-	$	43,268.75	$	276,509.38	
06/15/47	$	1,610,000.00	$	195,000.00	$	43,268.75			
12/15/47	$	1,415,000.00	$	-	$	38,028.13	$	276,296.88	
06/15/48	$	1,415,000.00	$	205,000.00	$	38,028.13			
12/15/48	$	1,210,000.00	$	-	$	32,518.75	$	275,546.88	
06/15/49	$	1,210,000.00	$	215,000.00	$	32,518.75			
12/15/49	$	995,000.00	$	-	$	26,740.63	$	274,259.38	
06/15/50	$	995,000.00	$	230,000.00	$	26,740.63	$	-	
12/15/50	$	765,000.00	$	-	$	20,559.38	$	277,300.00	
06/15/51	$	765,000.00	$	240,000.00	$	20,559.38	$	-	
12/15/51	$	525,000.00	$	-	$	14,109.38	$	274,668.75	
06/15/52	$	525,000.00	$	255,000.00	$	14,109.38	$	-	
12/15/52	$	270,000.00	$	-	$	7,256.25	$	276,365.63	
06/15/53	$	270,000.00	$	270,000.00	$	7,256.25	$	277,256.25	
			$	3,970,000.00	$	3,583,992.50	$	7,728,733.13	
Astonia
Community Development District

Proposed Budget Debt Service Fund Series 2024

Description	Adopted Budget FY2026	Actuals Thru 1/31/26	Projected Next
8 Months	Projected Thru 9/30/26	Proposed Budget FY2027		

Revenues							
Assessments - Tax Roll	$	251,983	$	238,169	$	13,813	$	251,983	$	251,983		
Interest Income	$	5,000	$	3,628	$	4,000	$	7,628	$	5,000		
Carry Forward Surplus*	$	125,828	$	120,400	$	-	$	120,400	$	129,095		
Total Revenues	$	382,810	$	362,198	$	17,813	$	380,011	$	386,077		

Expenses							
Interest- 11/01	$	97,958	$	97,958	$	-	$	97,958	$	96,721		
Principal - 05/01	$	55,000	$	-	$	55,000	$	55,000	$	55,000		
Interest - 05/01	$	97,958	$	-	$	97,958	$	97,958	$	96,721		
Total Expenditures	$	250,916	$	97,958	$	152,958	$	250,916	$	248,441		
							
Excess Revenues/(Expenditures)	$	131,894	$	264,239	$	(135,145)	$	129,095	$	137,636		

*Carry forward less amount in Reserve funds.							
				Series 2024 Interest - 11/01	
	$95,483			
Total 	$95,483								
Product	ERU's	Assessable Units	ERU/Unit	Net Assessment	Net Per Unit	Gross Per Unit	
Town Home	126	168	0.75	$251,982.50	$1,500	$1,613	
Total ERU's	126.00	168		$251,982.50			
Astonia Community Development District Series 2024 Special Assessment Bonds
Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	
									
11/01/26	$	3,535,000.00	$	-	$	96,720.63	$	249,678.75	
05/01/27	$	3,535,000.00	$	55,000.00	$	96,720.63			
11/01/27	$	3,480,000.00	$	-	$	95,483.13	$	247,203.75	
05/01/28	$	3,480,000.00	$	60,000.00	$	95,483.13			
11/01/28	$	3,420,000.00	$	-	$	94,133.13	$	249,616.25	
05/01/29	$	3,420,000.00	$	65,000.00	$	94,133.13			
11/01/29	$	3,355,000.00	$	-	$	92,670.63	$	251,803.75	
05/01/30	$	3,355,000.00	$	65,000.00	$	92,670.63			
11/01/30	$	3,290,000.00	$	-	$	91,208.13	$	248,878.75	
05/01/31	$	3,290,000.00	$	70,000.00	$	91,208.13			
11/01/31	$	3,220,000.00	$	-	$	89,633.13	$	250,841.25	
05/01/32	$	3,220,000.00	$	70,000.00	$	89,633.13			
11/01/32	$	3,150,000.00	$	-	$	87,751.88	$	247,385.00	
05/01/33	$	3,150,000.00	$	75,000.00	$	87,751.88			
11/01/33	$	3,075,000.00	$	-	$	85,736.25	$	248,488.13	
05/01/34	$	3,075,000.00	$	80,000.00	$	85,736.25			
11/01/34	$	2,995,000.00	$	-	$	83,586.25	$	249,322.50	
05/01/35	$	2,995,000.00	$	85,000.00	$	83,586.25			
11/01/35	$	2,910,000.00	$	-	$	81,301.88	$	249,888.13	
Astonia Community Development District Series 2024 Special Assessment Bonds
Amortization Schedule

Date		Balance		Prinicpal		Interest		Total	

05/01/36	
$	
2,910,000.00	
$	
90,000.00	
$	
81,301.88			
11/01/36	$	2,820,000.00	$	-	$	78,883.13	$	250,185.00	
05/01/37	$	2,820,000.00	$	95,000.00	$	78,883.13			
11/01/37	$	2,725,000.00	$	-	$	76,330.00	$	250,213.13	
05/01/38	$	2,725,000.00	$	100,000.00	$	76,330.00			
11/01/38	$	2,625,000.00	$	-	$	73,642.50	$	249,972.50	
05/01/39	$	2,625,000.00	$	105,000.00	$	73,642.50			
11/01/39	$	2,520,000.00	$	-	$	70,820.63	$	249,463.13	
05/01/40	$	2,520,000.00	$	110,000.00	$	70,820.63			
11/01/40	$	2,410,000.00	$	-	$	67,864.38	$	248,685.00	
05/01/41	$	2,410,000.00	$	115,000.00	$	67,864.38			
11/01/41	$	2,295,000.00	$	-	$	64,773.75	$	247,638.13	
05/01/42	$	2,295,000.00	$	125,000.00	$	64,773.75			
11/01/42	$	2,170,000.00	$	-	$	61,414.38	$	251,188.13	
05/01/43	$	2,170,000.00	$	130,000.00	$	61,414.38			
11/01/43	$	2,040,000.00	$	-	$	57,920.63	$	249,335.00	
05/01/44	$	2,040,000.00	$	135,000.00	$	57,920.63			
11/01/44	$	1,905,000.00	$	-	$	54,292.50	$	247,213.13	
05/01/45	$	1,905,000.00	$	145,000.00	$	54,292.50			
11/01/45	$	1,760,000.00	$	-	$	50,160.00	$	249,452.50	
05/01/46	$	1,760,000.00	$	155,000.00	$	50,160.00			
11/01/46	$	1,605,000.00	$	-	$	45,742.50	$	250,902.50	
05/01/47	$	1,605,000.00	$	165,000.00	$	45,742.50			
11/01/47	$	1,440,000.00	$	-	$	41,040.00	$	251,782.50	
05/01/48	$	1,440,000.00	$	170,000.00	$	41,040.00			
11/01/48	$	1,270,000.00	$	-	$	36,195.00	$	247,235.00	
05/01/49	$	1,270,000.00	$	180,000.00	$	36,195.00			
11/01/49	$	1,090,000.00	$	-	$	31,065.00	$	247,260.00	
05/01/50	$	1,090,000.00	$	195,000.00	$	31,065.00			
11/01/50	$	895,000.00	$	-	$	25,507.50	$	251,572.50	
05/01/51	$	895,000.00	$	205,000.00	$	25,507.50			
11/01/51	$	690,000.00	$	-	$	19,665.00	$	250,172.50	
05/01/52	$	690,000.00	$	215,000.00	$	19,665.00			
11/01/52	$	475,000.00	$	-	$	13,537.50	$	248,202.50	
05/01/53	$	475,000.00	$	230,000.00	$	13,537.50			
11/01/53	$	245,000.00	$	-	$	6,982.50	$	250,520.00	
05/01/54	$	245,000.00	$	245,000.00	$	6,982.50	$	251,982.50	
			$	3,535,000.00	$	3,548,123.75	$	7,236,081.88	

!!"#$%& 5
RESOLUTION 2026-07
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ASTONIA COMMUNITY DEVELOPMENT DISTRICT IMPLEMENTING SECTION 190.006(3)(A)2.C., FLORIDA STATUTES AND INSTRUCTING THE POLK COUNTY SUPERVISOR OF ELECTIONS TO CONDUCT THE DISTRICT’S GENERAL ELECTION; PROVIDING FOR COMPENSATION; SETTING FORTH THE TERMS OF OFFICE; AUTHORIZING NOTICE OF THE QUALIFYING PERIOD; AND PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE.

WHEREAS, the Astonia 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 Polk County, Florida;
WHEREAS, the Board of Supervisors of the District (the “Board”) seeks to implement Section 190.006(3)(a)2.c., Florida Statutes, and to instruct the Supervisor of Elections for Polk County, Florida (“Supervisor of Elections”), to conduct the District’s elections by the qualified electors of the District at the 2026 general election (“General Election”).

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ASTONIA COMMUNITY DEVELOPMENT DISTRICT:
CURRENT BOARD MEMBERS. The Board is currently made up of the following individuals, seats and terms:

Seat Number	Supervisor	Term Expiration Date	
1	Vacant	November 2026	
2	Gary Hatmaker	November 2028	
3	Cody Hatmaker	November 2026	
4	Corey Hatmaker	November 2026	
5	Halsey Carson	November 2028	

GENERAL ELECTION SEATS. Seat 1 and Seat 4 with terms expiring in November 2026 are scheduled for the General Election in November 2026. The District Manager is hereby authorized to notify the Supervisor of Elections of the seats subject to General Election for the current election year, and for each subsequent election year. The remaining seat expiring in November 2026, Seat 3, will be filled by landowner election.

QUALIFICATION PROCESS. For each General Election, all candidates shall qualify for individual seats in accordance with Section 99.061, Florida Statutes, and must also be a qualified elector of the District. A qualified elector is any person at least 18 years of age who is a citizen of the United States, a legal resident of the State of Florida and of the District, and who is registered to vote with the Polk County Supervisor of Elections. Campaigns shall be conducted in accordance with Chapter 106, Florida Statutes.
COMPENSATION. Each member of the Board is entitled to receive $200 per meeting for their attendance; up to a maximum of $4,800 per year.

TERM OF OFFICE. The term of office for the individuals to be elected to the Board in the General Election is four (4) years. The newly elected Board members shall assume office on the second Tuesday following the election.
REQUEST TO SUPERVISOR OF ELECTIONS. The District hereby requests that the Supervisor of Elections conduct the District’s General Election in November 2026, and for each subsequent General Election unless otherwise directed by the District Manager. The District understands that it will be responsible to pay for its proportionate share of the General Election cost and agrees to pay same within a reasonable time after receipt of an invoice from the Supervisor of Elections.

PUBLICATION. The District Manager is directed to publish a notice of the qualifying period for each General Election, in a form substantially similar to Exhibit A attached hereto.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.
EFFECTIVE DATE. This Resolution shall become effective upon its passage.

PASSED AND ADOPTED this 8th day of April 2026.

ATTEST:
ASTONIA COMMUNITY DEVELOPMENT DISTRICT

 
Secretary/Assistant Secretary	Chairperson/Vice Chairperson, Board of Supervisors

Exhibit A: Sample Notice of Qualifying Period
EXHIBIT A
SAMPLE NOTICE OF QUALIFYING PERIOD

NOTICE OF QUALIFYING PERIOD FOR CANDIDATES FOR THE BOARD OF SUPERVISORS OF THE ASTONIA COMMUNITY DEVELOPMENT DISTRICT

Notice is hereby given that the qualifying period for candidates for the office of Supervisor of the Astonia Community Development District will commence at noon on Monday, June 8, 2026, and close at noon on Friday, June 12, 2026. Candidates must qualify for the office of Supervisor with the Polk County Supervisor of Elections located at 250 S. Broadway Ave., Bartow, FL 33830. The Supervisor of elections may be contacted by phone at (863) 534-5888. All candidates shall qualify for individual seats in accordance with Section 99.061, Florida Statutes, and must also be a “qualified elector” of the District, as defined in Section 190.003, Florida Statutes. A “qualified elector” is any person at least 18 years of age who is a citizen of the United States, a legal resident of the State of Florida and of the District, and who is registered to vote with the Polk County Supervisor of Elections. Campaigns shall be conducted in accordance with Chapter 106, Florida Statutes.

The Astonia Community Development District has two (2) seats up for election through the general election process, specifically Seats 1 and 4. Each seat carries a four (4)-year term of office. Elections are non-partisan and will be held at the same time as the general election on November 3, 2026, and in the manner prescribed by law for general elections.

For additional information, please contact the Polk County Supervisor of Elections.

Publish on or before 	, 2026

!!"#$%& 6
RESOLUTION 2026-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ASTONIA COMMUNITY DEVELOPMENT DISTRICT ACCEPTING THE CERTIFICATION OF THE DISTRICT ENGINEER THAT THE ASSESSMENT AREA ONE PROJECT IS COMPLETE; DECLARING THE ASSESSMENT AREA ONE PROJECT COMPLETE; FINALIZING THE SPECIAL ASSESSMENTS SECURING THE DISTRICT’S ASSESSMENT AREA ONE BONDS; PROVIDING FOR A SUPPLEMENT TO THE IMPROVEMENT LIEN BOOK; PROVIDING FOR SEVERABILITY, CONFLICTS, AND AN EFFECTIVE DATE.

WHEREAS, the Astonia Community Development District (“District”) was established by Ordinance No. 2020-002, enacted by the Board of County Commissioners of Polk County, Florida (“County”), effective January 7, 2020, as amended by Ordinance No. 2021-023 and Ordinance No. 2022-047, enacted by the County, effective April 6, 2021 and June 21, 2022, respectively (together, “Ordinance”) for the purpose of providing infrastructure improvements, facilities, and services to the lands within the District as provided in Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors (“Board”) of the District adopted Resolutions 2020-27 and 2020-39 on February 13, 2020 and August 12, 2020, respectively, authorizing the issuance of its Astonia Community Development District Special Assessment Bonds, Series 2020 (Assessment Area One Project) (“Assessment Area One Bonds”), for the purpose of funding the construction, installation, and acquisition of public infrastructure, improvements, and services; and
WHEREAS, the Assessment Area One Bonds financed a portion of the District’s master project infrastructure for Assessment Area One (“Assessment Area One Project”), as such is further identified and described in that certain Astonia Community Development District Engineer’s Report for Capital Improvements, dated February 3, 2020, as supplemented by that Astonia Community Development District Supplemental Engineer’s Report for Capital Improvements, dated May 14, 2020, which are attached to this Resolution as Composite Exhibit A (together, “Engineer’s Report”); and

WHEREAS, the Engineer’s Report estimates capital costs totaling $5,080,000.00 for the Assessment Area One Project (“Total Project Costs”); and
WHEREAS, pursuant to the terms of the Master Assessment Methodology for Astonia Community Development District, dated January 9, 2020, as supplemented by the Supplemental Assessment Methodology – Phase 1, dated September 3, 2020, attached to this Resolution as Composite Exhibit B (together, “Assessment Methodology”), the estimated total costs of the Assessment Area One Project to be funded by the sale of bonds and secured by assessments, inclusive of capital costs, financing costs, capitalized interest, reserve funds, original issue discounts, and contingencies totaled approximately $3,830,000.00; and

Whereas, on February 13, 2020, the Board adopted Resolutions 2020-28 and 2020-29, declaring that such Total Project Costs would be defrayed by the imposition of special assessments pursuant to Chapters 170 and 190, Florida Statutes, and that such special assessments would be
paid in annual installments commencing in the year in which the special assessments were confirmed; and

Whereas, on March 26, 2020, the Board, after notice and public hearing, met as an Equalizing Board pursuant to the provision of Section 170.08, Florida Statutes, and adopted Resolution 2020-36, authorizing the projects described therein, equalizing and levying special assessments to defray all or a portion of the Total Project Costs and providing that this levy shall be a lien on the property so assessed co-equal with the lien of all state, county, district, municipal or other governmental taxes, all in accordance with Section 170.08, Florida Statutes; and

Whereas, the Assessment Area One Project specially benefits the developable acreage in the District as set forth in Resolution 2020-42 and the Assessment Methodology, and it is reasonable, proper, just and right to assess the portion of the costs of the Assessment Area One Project financed with the Assessment Area One Bonds to the specially benefitted properties within the District as set forth in Resolution 2020-42 and this Resolution; and

WHEREAS, pursuant to Chapter 170, Florida Statutes, and the Master Trust Indenture dated September 1, 2020 (“Master Indenture”), as supplemented by that First Supplemental Trust Indenture dated September 1, 2020 (“First Supplemental Indenture” and, together with the Master Indenture, the “Indenture”) both by and between the District and U.S. Bank National Association, as Trustee, the District Engineer executed and delivered a Certificate of Completion of the Assessment Area One Project dated March 30, 2026, (“Engineer’s Certification”) attached hereto as Exhibit C, wherein the District Engineer certified the Assessment Area One Project to be complete; and

Whereas, upon receipt of and in reliance upon the Engineer’s Certification evidencing the completion date of the Assessment Area One Project as described above, the Board desires to certify the Assessment Area One Project complete in accordance with the Indenture; and

Whereas, the actual costs incurred to complete the Assessment Area One Project exceeded all amounts on deposit in the Assessment Area One Acquisition and Construction Fund within the Acquisition and Construction Fund and the remaining balance in the Assessment Area One Acquisition and Construction Fund is Zero Dollars and Zero Cents ($0.00).
NOW, THEREFORE, be it resolved by the Board of Supervisors of the Astonia Community Development District:
Section 1. Recitals. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Resolution.

Section 2. Authority for this Resolution. This Resolution is adopted pursuant to Chapters 170 and 190, Florida Statutes, and in accordance with the provisions of Resolution 2020-42, as supplemented.
Section 3. Acceptance and Certification of Completion of the Assessment
AREA ONE PROJECT. The Board of Supervisors hereby accepts the Engineer’s Certification, attached hereto as Exhibit C, certifying the Assessment Area One Project complete and upon
reliance thereon, certifies the Assessment Area One Project complete in accordance with Resolution 2020-42 and the Indenture. The Completion Date, as that term is defined in the Indenture, for the Assessment Area One Project shall be the date of the Engineer’s Certification.

Section 4. Finalization of Special Assessments Securing Assessment Area
ONE BONDS. Pursuant to Section 170.08, Florida Statutes, and Resolution 2020-42, special assessments securing the Assessment Area One Bonds are to be credited the difference in the assessment as originally made, approved, and confirmed and the proportionate part of the total actual costs of the Assessment Area One Project. Any remaining balance of the Assessment Area One Acquisition and Construction Account within the Assessment Area One Acquisition and Construction Fund, together with any interest earning therein, shall be retained by the District to complete the Assessment Area One Project, pursuant to Section 4.01(a) of the First Supplemental Indenture, dated as of September 1, 2020. The actual costs incurred to complete the Assessment Area One Project exceeded all amounts on deposit in the Assessment Area One Acquisition and Construction Fund within the Acquisition and Construction Fund, and the remaining balance in the Assessment Area One Acquisition and Construction Fund is Zero Dollars and Zero Cents ($0.00). Notwithstanding the foregoing, to the extent additional monies become available in the Acquisition and Construction Fund, through the release of funds from the Assessment Area One Reserve Account or otherwise, the Board of Supervisors hereby acknowledges that such monies may be used to reimburse Ernie Caldwell Properties, LLC (“Developer”), for eligible costs of the Assessment Area One Project pursuant to other agreements between the District and the Developer, if applicable. Exhibit D attached hereto and incorporated herein by this reference reflects the amortization schedule of the Assessment Area One Bonds after the closing of the Assessment Area One Acquisition and Construction Account within the Assessment Area One Acquisition and Construction Fund. As provided in Resolution 2020-42, the assessments levied reflect the outstanding debt due on the Assessment Area One Bonds. Pursuant to Section 170.08, Florida Statutes, and Resolution 2020-42, the special assessments on parcels specially benefitted by the Assessment Area One Project are hereby finalized in accordance with the Assessment Methodology, attached hereto as Composite Exhibit B, which reflects the assessments on the parcels benefitted by the Assessment Area One Bonds.

Section 5. Improvement Lien Book. Immediately following the adoption of this Resolution, these special assessments as reflected herein shall be recorded by the Secretary of the Board of the District in the District’s “Improvement Lien Book.” The special assessment or assessments against each respective parcel shall be and shall remain a legal, valid and binding first lien on such parcel until paid and such lien shall be co-equal with the lien of all state, county, district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims.

Section 6. Other Provisions Remain in Effect. This Resolution is intended to supplement Resolution 2020-42, which remains in full force and effect. This Resolution and Resolution 2020-42 shall be construed to the maximum extent possible to give full force and effect to the provisions of each resolution.

Section 7. Severability. If any section or part of a section of this resolution be declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of
this resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

Section 8. Conflicts. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.

Section 9. Effective Date. This Resolution shall become effective upon its adoption.
APPROVED AND ADOPTED this 8th day of April 2026.

ATTEST:	ASTONIA COMMUNITY
DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Comp. Exhibit A: Astonia Community Development District Engineer’s Report for Capital Improvements, dated February 3, 2020, as supplemented by that Astonia Community Development District Supplemental Engineer’s Report for Capital Improvements, dated May 14, 2020
Comp. Exhibit B: Master Assessment Methodology for Astonia Community Development District, dated January 9, 2020, as supplemented by the Supplemental Assessment Methodology – Phase 1, dated September 3, 2020
Exhibit C:	Engineer’s Certification, dated March 30, 2026
Exhibit D:	Amortization Schedule of the Assessment Area One Bonds
COMPOSITE EXHIBIT A

Astonia Community Development District Engineer’s Report for Capital Improvements, dated February 3, 2020, as supplemented by that Astonia Community Development District Supplemental Engineer’s Report for Capital Improvements, dated May 14, 2020
ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

ENGINEER’S REPORT
FOR CAPITAL IMPROVEMENTS

Prepared for:

BOARD OF SUPERVISORS ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

Prepared by:

WOOD & ASSOCIATES ENGINEERING, LLC 1925 BARTOW ROAD LAKELAND, FL 33801
PH: 863-940-2040

February 3, 2020
ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

TABLE OF CONTENTS
INTRODUCTION	1-2
PURPOSE AND SCOPE	2-3
THE DEVELOPMENT	3
THE CAPITAL IMPROVEMENTS	3-4
CAPITAL IMPROVEMENT PLAN COMPONENTS	4-5
Stormwater Management Facilities	4-5
Public Roadways	5
Water and Wastewater Facilities	6
Off-site Improvements	7
Amenities and Parks…	7
Electric and Lighting…	7
Entry Features…	8
Miscellaneous	8
PERMITTING	9
RECOMMENDATION	9
REPORT MODIFICATION	10
CONCLUSION	10
LIST OF EXHIBITS

EXHIBIT 1- Location Map EXHIBIT 2- Legal Description EXHIBIT 3- District Boundary Map EXHIBIT 4- Zoning Map
EXHIBIT 5- Land Use Map
EXHIBIT 6- Utility Location Map & Drainage Flow Pattern Map EXHIBIT 7- Summary of Opinion of Probable Costs
EXHIBIT 8- Summary of Proposed District Facilities EXHIBIT 9- Overall Site Plan
ENGINEER’S REPORT ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

INTRODUCTION
The Astonia Community Development District (the “District”) is located south of Ernie Caldwell Blvd, west of Lee Jackson Highway, and north and south of Little Zion Road in Polk County (the “County”). The District currently contains approximately 159.93 acres and is expected to consist of 681 single family lots (289 – 40 foot wide lots and 392 – 50 foot wide lots), recreation / amenity areas, parks, and associated infrastructure.
The CDD was established under County Ordinance No. 2020-002 which was approved by the Polk County Board of County Commission on January 7, 2020. The District will own and operate the public roadways and stormwater management facilities, as well as the landscape, irrigation, signage, and recreational facilities within the development.

Public improvements and facilities financed, acquired, and/or constructed by the District will be designed and constructed to conform to regulatory criteria from the County, Southwest Florida Water Management District (SWFWMD), and other applicable agencies with regulatory jurisdiction over the development. An overall estimate of probable cost of the public improvements is provided in Exhibit 7 of this report.

This “Capital Improvement Plan” or “Report” reflects the present intentions of the District and the landowners. It should be noted that the location of proposed facilities and improvements may be adjusted during the final design, permitting, and implementation phases. It should also be noted that these modifications are not expected to diminish the benefits received by the property within the District. The District reserves the right to make reasonable adjustments to the development plan to meet applicable regulatory requirements of agencies with jurisdiction over the development, while maintaining comparable level of benefits to the lands served by the improvements. Changes and modifications are expected as changes in regulatory criteria are implemented.
Implementation of any proposed facilities or improvements outlined in this Report requires written approval from the District’s Board of Supervisors. Estimated costs outlined in this report are based on best available information, which includes but is not limited to previous experience with similar projects. Actual costs could be different than estimates because final engineering and specific field conditions may affect construction costs.

All roadway improvements including common area, sidewalks in the right-of-way, and storm drainage collection systems (from the curb inlets to their connection to the Stormwater ponds) within the Development will be maintained by the District. Water distribution and wastewater collection systems (gravity lines, force mains, and lift stations) will, upon completion, be dedicated to the City for ownership and maintenance.

PURPOSE AND SCOPE
The purpose of this Report is to provide engineering support to fund improvements in the District. This Report will identify the proposed public infrastructure to be constructed or acquired by the District along with an opinion of probable cost.

Contained within this Report is a brief description of the public infrastructure to be constructed or acquired by the District. The District will finance, construct, acquire, operate, and maintain all or specific portions of the proposed public infrastructure. An assessment methodology consultant has been retained by the District, who will develop the assessment and financing methodology to be applied using this Report.
The predominant portion of this Report provides descriptions of the proposed public infrastructure improvements, determination of estimated probable construction costs, and the corresponding benefits associated with the implementation of the described improvements. Detailed site construction plans and specifications have not yet been completed and permitted for the improvements described herein. The engineer has considered, and in specific instances has relied upon, the information and documentation prepared or supplied by others, and information that may have been provided by public entities, public employees, the landowner, site construction contractors, other engineering professionals, land surveyors, the District Board of Supervisors, and its staff and consultants.

THE DEVELOPMENT
The Development will consist of 681 single family homes (289 – 40 foot wide lots and 392 – 50 foot wide lots) and associated infrastructure (“Development”). The Development is a planned residential community located south of Ernie Caldwell Blvd, west of Lee Jackson Highway, and north and south of Little Zion Road within the County. The Development has a land use of RMX (Residential Medium) and a zoning of PD (Planned Development) The Development will be constructed in one phase.

THE CAPITAL IMPROVEMENTS
The Capital Improvement Plan, (the “CIP”), consists of public infrastructure for the Development. The primary portions of the CIP will entail stormwater pond construction, roadways built to an "urban" typical section, water and sewer facilities and off-site improvements (including turn lanes and extension of water and sewer mains to serve the Development).
There will also be stormwater structures and conveyance culverts within the CIP which will outfall into the on-site retention ponds. These structures and pond areas comprise the overall stormwater facilities of the CIP. Installation of the water distribution and wastewater collection system will also occur at this time. Below ground installation of telecommunications and cable TV will occur, but will not be funded by the District. The CDD will enter into a lighting agreement with Duke Energy for the street light poles and lighting service. Only undergrounding of wire in public right-of-way on District Land is included.
As a part of the recreational component of the CIP, a public park/amenity center will be within the Development The public park/amenity center will have connectivity via sidewalks to the other portions of the District. The public park/amenity center will be accessed by the public roadways and sidewalks.

CAPITAL IMPROVEMENT PLAN COMPONENTS
The system of improvements comprising the Capital Improvement Plan (“CIP”) includes the following:

Stormwater Management Facilities
Stormwater management facilities consisting of storm conveyance systems and retention ponds are contained within the District boundaries. Stormwater runs off via roadway curb and gutter to storm inlets. Storm culverts convey the runoff into the proposed retention ponds for water quality treatment and attenuation. The proposed stormwater systems will utilize dry retention and wet retention for biological pollutant assimilation to achieve water quality treatment. The design criteria for the District’s stormwater management systems is regulated by the County and the SWFWMD. There are no known surface waters.

Federal Emergency Management Agency Flood Insurance Rate Map (FEMA FIRM) Panel No. 12105C-0230H (dated 12/22/2016) demonstrates that the property is located within Flood Zone X. Based on this information and the site topography, it does not appear that floodplain compensation will be required.
During the construction of stormwater management facilities, utilities and roadway improvements, the contractor will be required to adhere to a Stormwater Pollution Prevention Plan (SWPPP) as required by Florida Department of Environmental Protection (FDEP) as delegated by the Environmental Protection Agency (EPA). The SWPPP will be prepared to depict for the contractor the proposed locations of required erosion control measures and staked turbidity barriers specifically along the down gradient side of any proposed construction activity. The site contractor will be required to provide the necessary reporting on various forms associated with erosion control, its maintenance and any rainfall events that occur during construction activity.

Public Roadways
The proposed public roadway sections are to be 50' R/W with 20’ of asphalt and Miami curb or Type F curb and gutter on both sides. The proposed roadway section will consist of stabilized subgrade, lime rock, crushed concrete or cement treated base and asphalt wearing surface. The proposed curb is to be 2' wide and placed along the edge of the proposed roadway section for purposes of protecting the integrity of the pavement and also to provide stormwater runoff conveyance to the proposed stormwater inlets.

The proposed roadways will also require signing and pavement markings within the public rights-of-way, as well as street signs depicting street name identifications, and addressing, which will be utilized by the residents and public. As stated above, the District's funding of roadway construction will occur for all public roadways.
Water and Wastewater Facilities
A potable water system inclusive of water main, gate valves, fire hydrants and appurtenances will be installed for the Development. The water service provider will be the Polk County Public Utilities. The water system will be a "looped" system. These facilities will be installed within the proposed public rights-of-way within the District. This water will provide the potable (domestic) and fire protection services which will serve the entire District.

A domestic wastewater collection system inclusive of gravity sanitary sewer mains and sewer laterals will be installed. The sewer service provider will be Polk County Public Utilities. The gravity sanitary sewer mains will be 8" diameter PVC. The gravity sanitary sewer lines will be placed inside of the proposed public rights-of-way, under the proposed paved roadways. Branching off from these sewer lines will be laterals to serve the individual lots. Lift stations are anticipated for this CIP. Flow from the lift station shall be connected to a proposed force main along Ernie Caldwell Blvd, northwest of the site.

Reclaimed water is not available for this site. An irrigation well to be funded by the District will be installed onsite to provide irrigation within the public right of way or irrigation water service shall be provided as part of the domestic water system design. Any water, sewer, or reclaim water pipes or facilities placed on private property will not be publicly funded.

Off-Site Improvements
The District will provide funding for the anticipated turn lanes at the development entrance. The site construction activities associated with the CIP are anticipated for completion as a single phase in 2020. Upon completion of these improvements, inspection/certifications will be obtained from the SWFWMD; the Polk County Health Department (water distribution system), Florida Department of Environmental Protection (FDEP) (wastewater collection) and the County.

Public Amenities and Parks
The District will provide funding for the public Amenity Facilities to include the following: pavilion with tot lot, dog park/all-purpose play field, walking trails, and passive parks throughout the Development which will include benches and walking trails.

Electric and Lighting
The electric distribution system thru the District is currently planned to be underground. The District presently intends to fund the difference between overhead and underground service to the CDD. Electric facilities funded by the District will be owned and maintained by the District, with Duke Energy providing underground electrical service to the Development. The CDD will enter into a lighting agreement with Duke Energy for the street light poles and lighting service. Only undergrounding of wire in public right-of-way on District land is included in the cost estimate of the CIP.
Entry Feature, Landscaping, and Irrigation
Landscaping, irrigation, entry features and walls at the entrances and along the outside boundary of the Development will be provided by the District. The irrigation system will use an irrigation well. The well and irrigation watermains to the Development will be constructed or acquired by the CDD with District funds and operated and maintained by the CDD. Landscaping for the roadways will consist of sod, annual flowers, shrubs, ground cover and trees for the internal roadways within the CDD. Perimeter fencing will be provided at the site entrances and perimeters. These items will be funded, owned and maintained by the CDD.

Miscellaneous
The stormwater improvements, landscaping and irrigation, recreational improvements, street lighting, and certain permits and professional fees as described in this report, are being financed by the District with the intention for benefiting all of the developable real property within the District. The construction and maintenance of the proposed public improvements will benefit the development for the intended use as a single-family planned development.
PERMITTING
Construction permits for the Development are required and include the SWFWMD Environmental Resource Permit (ERP), Polk County Health Department, Florida Department of Environmental Protection (FDEP), Army Corps of Engineer Permit (ACOE), and County construction plan approval.

Following is a summary of required permits obtained and pending for the construction of the public infrastructure improvements for the District:

PHASE 1 (681 Lots)

Permits / Approvals	Approval / Expected Date	
Zoning Approval	Approved	
Preliminary Plat	N/A	
SWFWMD ERP	March 2020	
Construction Permits	March 2020	
Polk County Health Department Water	March 2020	
FDEP Sewer	March 2020	
FDEP NOI	March 2020	
ACOE	N/A	

RECOMMENDATION

As previously described within this report, the public infrastructure as described is necessary for the development and functional operation as required by the County. The site planning, engineering design and construction plans for the infrastructure are in accordance with the applicable requirements of the County and the SWFWMD. It should be noted that the infrastructure will provide its intended use and function so long as the construction and installation is in substantial conformance with the design construction plans and regulatory permits.

Items utilized in the Opinion of Probable Costs for this report are based upon proposed plan infrastructure as shown on construction drawings incorporating specifications in the most current SWFWMD and the County regulations.
REPORT MODIFICATION
During development and implementation of the public infrastructure improvements as described for the District, it may be necessary to make modifications and/or deviations for the plans. However, if such deviations and/or revisions do not change the overall primary objective of the plan for such improvements, then the costs differences would not materially affect the proposed cost estimates.

CONCLUSION
It is our professional opinion that the public infrastructure costs for the CIP provided in this Report are reasonable to complete the construction of the public infrastructure improvements. Furthermore, the public infrastructure improvements will benefit and add value to lands within the District at least equal to the costs of such improvements.

The Opinion of Probable Costs of the public infrastructure improvements is only an estimate and is not a guaranteed maximum price. The estimated costs are based upon unit prices currently experienced on an ongoing and similar basis for work in the County. However, labor market, future costs of equipment, materials, changes to the regulatory permitting agencies activities, and the actual construction processes employed by the chosen site contractor are beyond the engineer’s control. Due to this inherent opportunity for changes (upward or downward) in the construction costs, the total, final construction cost may be more or less than this estimate.

Based upon the presumption that the CIP construction continues in a timely manner, it is our professional opinion that the proposed public infrastructure improvements when constructed and built in substantial conformance with the approved plans and specifications, can be completed and used for their intended function. Be advised that we have utilized historical costs and direct unit costs from site contractors and consultants in the County, which we believe to be necessary in order to facilitate accuracy associated with the Opinion of Probable Costs. Based upon the information above, it is our professional opinion that the acquisition and construction of the proposed CIP can be completed at the estimated cost as stated.

CDD BOUNDARIES

2

Parcel ID Numbers
1.	272622-000000-013010
2.  272622-000000-033010
3.  272622-000000-031020
4.  272622-000000-034010
5.  272622-000000-032010
6.  272622-000000-043010

LITTLE ZION ROAD IS NOT INCLUDED IN THE CDD
N

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM
EXHIBIT 1
ASTONIA COMMUNITY DEVELOPMENT DISTRICT LOCATION MAP

NO SCALE
LEGAL DESCRIPTION

BEGIN AT THE NW CORNER OF THE NE 1/4 OF THE NW 1/4 OF SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST, POLK COUNTY, FLORIDA; THENCE RUN N89°38'14"E ALONG THE NORTH LINE OF SAID SECTION 22 A DISTANCE OF 708.93 FEET; THENCE S02°00'48"E A DISTANCE OF 31.96 FEET TO A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 28°43'45", WITH A RADIUS OF 1385.00 FEET, WITH A CHORD BEARING OF S16°22'40"E, WITH A CHORD LENGTH OF 687.21 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 694.46 FEET; THENCE N57°11'19"E A DISTANCE OF 285.23 FEET TO A POINT ON THE WEST RIGHT OF WAY OF ERNIE CALDWELL BOULEVARD, SAID POINT ALSO BEING ON A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 05°12'38", WITH A RADIUS OF 1100.00 FEET, WITH A CHORD BEARING OF S32°48'41"E, WITH A CHORD LENGTH OF 100.00 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 100.03 FEET; THENCE LEAVING SAID RIGHT OF WAY RUN S57°11'19"W A DISTANCE OF 285.23 FEET TO A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 21°30'05", WITH A RADIUS OF 1385.00 FEET, WITH A CHORD BEARING OF S45°37'51"E, WITH A CHORD LENGTH OF 516.70 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 519.75 FEET; THENCE S00°34'03"E A DISTANCE OF 1126.63 FEET TO THE NORTH MAINTAINED RIGHT OF WAY OF LITTLE ZION ROAD; THENCE RUN ALONG SAID NORTH RIGHT OF WAY THE FOLLOWING 29 COURSES; 1) N86°53'43"W A DISTANCE OF 12.69 FEET; 2)THENCE N87°23'02"W A DISTANCE OF 65.40 FEET; 3)THENCE S87°44'53"W A DISTANCE OF 34.73 FEET; 4)THENCE S82°19'26"W A DISTANCE OF
41.07 FEET; 5)THENCE S73°10'25"W A DISTANCE OF 16.81 FEET; 6)THENCE S70°46'24"W A DISTANCE OF 24.09 FEET;
7)THENCE S70°28'57"W A DISTANCE OF 16.64 FEET; 8)THENCE S61°58'48"W A DISTANCE OF 36.62 FEET; 9)THENCE S57°16'53"W A DISTANCE OF 63.50 FEET; 10)THENCE S46°20'51"W A DISTANCE OF 35.85 FEET; 11)THENCE S35°40'32"W A DISTANCE OF 14.37 FEET; 12)THENCE S35°36'06"W A DISTANCE OF 15.07 FEET; 13)THENCE S29°16'16"W A DISTANCE OF
33.67 FEET; 14)THENCE S28°02'33"W A DISTANCE OF 100.08 FEET; 15)THENCE S29°35'32"W A DISTANCE OF 41.20 FEET;
16)THENCE S37°51'45"W A DISTANCE OF 60.25 FEET; 17)THENCE S48°18'53"W A DISTANCE OF 16.90 FEET; 18)THENCE S56°17'21"W A DISTANCE OF 18.08 FEET; 19)THENCE S62°22'59"W A DISTANCE OF 10.29 FEET; 20)THENCE S89°37'17"W A DISTANCE OF 165.14 FEET; 21)THENCE S00°24'07"E A DISTANCE OF 17.27 FEET; 22)THENCE S89°49'44"W A DISTANCE OF
51.17 FEET; 23)THENCE S89°15'22"W A DISTANCE OF 100.01 FEET; 24)THENCE S89°42'52"W A DISTANCE OF 100.00 FEET;
25)THENCE S89°25'40"W A DISTANCE OF 100.00 FEET; 26)THENCE S89°18'48"W A DISTANCE OF 100.00 FEET; 27)THENCE S89°35'59"W A DISTANCE OF 100.00 FEET; 28)THENCE S89°42'52"W A DISTANCE OF 100.00 FEET; 29)THENCE S89°35'59"W A DISTANCE OF 11.74 FEET; THENCE LEAVING SAID NORTH RIGHT OF WAY RUN S00°31'51"E A DISTANCE OF 672.83 FEET; THENCE S89°33'56"W A DISTANCE OF 663.12 FEET; THENCE S00°30'40"E A DISTANCE OF 661.24 FEET TO THE SOUTH LINE OF THE NW 1/4 OF THE SW 1/4 OF SAID SECTION 22; THENCE S89°31'59"W ALONG SAID SOUTH LINE A DISTANCE OF
663.35 FEET TO THE WEST LINE OF SAID SECTION 22; THENCE RUN ALONG SAID WEST LINE THE FOLLOWING 3 COURSES; 1) N00°29'28"W A DISTANCE OF 1323.24 FEET; 2) THENCE N00°09'33"W A DISTANCE OF 1322.55 FEET; 3) THENCE N00°09'33"W A DISTANCE OF 792.10 FEET TO THE NORTH LINE OF THE SOUTH 24 ACRES OF THE NW 1/4 OF THE NW 1/4 OF SAID SECTION 22; THENCE N89°37'27"E ALONG SAID NORTH LINE A DISTANCE OF 1318.54 FEET TO THE WEST LINE OF THE NE 1/4 OF THE NW 1/4 OF SAID SECTION 22; THENCE N00°20'51"W ALONG SAID WEST LINE A DISTANCE OF 529.36 FEET RETURNING TO THE POINT OF BEGINNING, LESS MAINTAINED RIGHT OF WAY FOR LITTLE ZION ROAD.

CONTAINING AN AREA OF 159.93 ACRES MORE OR LESS.

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM
EXHIBIT 2 ASTONIA
COMMUNITY DEVELOPMENT DISTRICT LEGAL DESCRIPTION
PAGE 1 OF 1

BOUNDARY

LITTLE ZION ROAD IS NOT INCLUDED IN THE CDD
N

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM
EXHIBIT 3 ASTONIA CDD
DISTRICT BOUNDARY MAP

NO SCALE

ECX

ASTONIA CDD

RL-4X

EXISTING LAND USE: RMX PROPOSED LAND USE: RMX

ECX

ASTONIA CDD

RMX
RMX

N

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM

LEGEND
RMX - RESIDENTIAL MEDIUM RL-4X - RESIDENTIAL LOW
ECX - EMPLOYMENT CENTER
EXHIBIT 5
ASTONIA COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY FUTURE LAND USE MAP
NO
BPC-2X - BUSINESS PARK CENTER
SCALE

ECX

ASTONIA CDD

RL-4X

EXISTING ZONING: RMX PROPOSED ZONING: PD

ASTONIA CDD

ECX

RMX

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM

LEGEND
RMX - RESIDENTIAL MEDIUM RL-4X - RESIDENTIAL LOW
ECX - EMPLOYMENT CENTER
N

EXHIBIT 4
ASTONIA COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY ZONING MAP
NO
BPC-2X - BUSINESS PARK CENTER	SCALE

FLOOD ZONE A AND WETLAND

FLOOD ZONE A AND WETLAND
ASTONIA CDD

ASTONIA CDD

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM

COMPOSITE EXHIBIT 6
ASTONIA COMMUNITY DEVELOPMENT DISTRICT DRAINAGE MAP
LEGEND
FLOW DIRECTION
N

NO SCALE

16"	16"

ASTONIA CDD

ASTONIA CDD

N

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM

LEGEND
COMPOSITE EXHIBIT 6
ASTONIA COMMUNITY DEVELOPMENT DISTRICT
EXISTING 12" WATER MAIN EXISTING 16" FORCE MAIN
EXISTING 16" RECLAIM WATER MAIN

NO SCALE

Composite Exhibit 7 Astonia CDD
Community Development District Summary of Probable Cost

Infrastructure (1)(9)	Total (681 Lots)*	
Offsite Improvements (5)(6)	$ 2,300,000.00	
Stormwater Management (2)(3)(5)(6)	$ 4,800,000.00	
Utilities (Water, Sewer, & Street Lighting) (5)(6) (8)	$4,700,000.00	
Roadway (4)(5)(6)	$2,800,000.00	
Entry Feature (6)(7)	$ 1,100,000.00	
Parks and Recreational Facilities (1)(6)	$ 1,600,000.00	
Contingency	$	800,000.00	
TOTAL	$18,100,000.00	
Notes:
Infrastructure consists of offsite improvements, public roadway improvements, stormwater management facilities, master sanitary sewer lift station and utilities, entry feature, landscaping and signage, and parks and recreational facilities.
Excludes grading of each lot both for initial pad construction, lot finishing in conjunction with home construction, which will be provided by developer or homebuilder.
Includes stormwater pond excavation. Costs do not include transportation to or placement of fill on private property.
Includes sub-grade, base, asphalt paving, curbing, and civil/site engineering.
Includes subdivision infrastructure and civil/site engineering.
Estimates are based on 2019 cost.
Includes entry features, signage, hardscape, landscape, irrigation and fencing.
CDD will enter into a Lighting Agreement with Duke Energy for the street light poles and lighting service. Only undergrounding of wire in public right-of-way and on District land is included.
Estimates based on Master Infrastructure to support development of 681 lots.

*289 – 40 foot wide lots 392 – 50 foot wide lots
Composite Exhibit 8 Astonia CDD
Community Development District Summary of Proposed District Facilities

District Infrastructure	Construction	Ownership	Capital Financing*	Operation and Maintenance	
Offsite Improvements	District	County	District Bonds	County	
Stormwater Facilities	District	District	District Bonds	District	
Lift Stations/Water/Sewer	District	Polk County	District Bonds	Polk County	
Street Lighting/Conduit	District	**District	District Bonds	**District	
Road Construction	District	District	District Bonds	District	
Entry Feature & Signage	District	District	District Bonds	District	
Parks and Recreational
Facilities	District	District	District Bonds	District	

*Costs not funded by bonds will be funded by the developer.
** Street lighting/conduit shall be owned and maintained by the District or the District shall enter into a lease with Duke Energy.

WETLANDS "B" (0.031 AC.)

AMENITIES AREA (2.8± AC.)
WETLANDS "A" (0.085 AC.)

n

WETLANDS "A" (0.708 AC.)

10
11
12
13	9
8
14	7
6
15
33	5

PROP. COMM. (4.2 ACRES)
GRAPHIC SCALE

			
SCALE: 1 inch =200 ft.

WETLANDS "G" (2.032 AC.)

73  72 71 70 69 68 67 66 65 64 63 62	61
74
STREET "E"
16	4
32	17
34	31	18	3
30	19	2
51	35	29	20	1
50	36	28

SWM POND 60
75
78
76	79
77	80
81
82
83
101

100
99
98
97
96
102

103
104
105
106
107
WETLANDS "D"
(0.248 AC.)

WETLANDS "E"
37	21
49	38	27	22
48	39	26	23
47	40	25
46	41	24
45
42
44
43

513
512

514
515
516

PROP. COMM. (2.4 ACRES)
SITE DATA:
NET PROJECT AREA:	159.93 ACRES TOTAL LOTS =	681 (100%) OR 4.3 DU/AC.

WETLANDS "H" (1.761 AC.)

84	95
85	94

86	93

87	92

108
109

110
111
(1.353 AC.)
60
59

58
57
SWM POND 40

467
466
465
468
469
470
471
472
511
510
509
508
507
517
518
519
520
40' LOTS = 289 (42%)

50' LOTS = 392 (58%)
88
SWM POND 70
89
56
91	112	55
113
114	54

356

430
431
464
463
462
473
474
475

506
505
90

STREET "D"
AMENITIES AREA (1.8± AC.)
115
116
117
118
53
52

310

355
354

357
358
359
429
428
427
426
432
433
434
435

461
460
459
476
477
478
479
504

503

502

119
120
121
245 246 247 248 249 250 251 252 253 254

244 243 242 241 240 239 238 237 236 235 234

309
308
307

311
312
313
314
353
352
351
350
360
361
362
363
364

425
424

423

422
436
437
438
439
440
458

457

456

455
480
481
482
483

484

501

500

499

WETLANDS "J" (0.223 AC.)
122

123

124
125
126
127
128
129
130

131

132

STREET "G"

222 223 224 225 226 227 228 229 230 231 232 233

221 220 219 218 217 216 215 214 213 212 211 210 209

STREET "H"

196 197 198 199 200 201 202 203 204 205 206 207 208

SWM POND 80

275 276 277 278

STREET "H"

274 273 272 271 270

279
280
281
306
305
304
303

302
301

300
299
298
297
296
315

316

317

318

319

320
321
322
323
324
349

348
347
346
345
344

343
342
341
340
339
365

366

367

368

369

370
371
372
373
374

421
420
419
418
417

416
415
414
413
412

441
442
443

444

445

446

447

539

454

453
452
451
450

449

448

STREET "B"

485

486

487

488

489

490
498
497
496
495
494
493

492

491

521
522
523
524
525

526

527

528

133

134

195 194 193 192 191 190 189 188 187 186 185 184 183

265 266 267 268 269
282
283
295
294
325
326
338
337

375

376

411

410

540

541
538 537 536 535 534 533 532 531 530
529

135
136

STREET "I"	STREET "I"
284

285
293

292
327

328
336

335
377
378
409
408
542
543

137
138
139

140

141
170 171 172 173 174 175 176 177 178 179 180 181 182

169 168 167 166 165 164 163 162 161 160 159 158 157

STREET "D"
264 263 262 261 260

255 256 257 258 259

STREET "D"

286

287

288

291

290

289

329

330

331

STREET "D"

334

333

332

379

380
381

382

383

407

406

405

404

403

544

545

546

547

548
SWM POND 50

WETLANDS "K" (1.745 AC.)

LITTLE ZION RD.

PROPOSED TYPICAL 40' WIDE LOTS
N.T.S.

142

143 144 145 146 147 148 149 150 151 152 153 154 155 156
392 391 390 389 388 387 386 385 384
401 400 399 398 397 396 395
402	549

LITTLE ZION RD.
LITTLE ZION RD.

564
563 562 561 560 559 558 557 556 555 554 553 552 551 550

660 661 662 663 664 665

666

667

565

566

STREET "J"	STREET "J"

668

669
567

568

569

570
636 637 638 639 640 641 642 643 644 645 646 647 648

635 634 633 632 631 630 629 628 627 626 625 624
659 658 657 656 655 654

649 650 651 652 653
670
671
672

673

571

623

602

STREET "J"	STREET "J"

601

674
572
573
574

622
621

603
604

600
599
681 680
679 678 677 676
675
575
576
577
578
579
580
581
620
619
618
617
616
615

614
605
606
607
608
609
610

611
598
597
596
595
594
593

592
AMENITIES AREA (2.0± AC.)
582

583

613
612	591
590

589

PROPOSED TYPICAL 50' WIDE LOTS
584 585 586 587
588
N.T.S.

SWM POND 90/100
NOTE:
IMPROVEMENTS SHOWN WITHIN AMENITIES AREAS ARE FOR INFORMATION PURPOSES ONLY. THE SPECIFIC FEATURES, LOCATION, QUANTITY & DESIGN WILL BE PROVIDED UNDER SEPARATE COVER.

ASTONIA
COMM:UNITV DEVELOPM:ENT DISTRICT

SUPPLEMENTAL ENGINEER'S REPORT FOR CAPITAL IMPROVEMENTS

Prepared 'for:

BOARD OF SUPERVISORS ASTONIA
COMM"UNITY DEVELOP:MENT DISTRICT

ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

TABLE OF CONTENTS
INTRODUCTION	1-2
PURPOSE AND SCOPE	2-3
Tl-IE DEVELOPMENT	3
TI-IE CAPITAL IMPROVEMENT'S	3-4
CAPITAL IMPROVEMENT PLAN COMPONENTS	4-5
Stonnwater Management Facilities	4-5
Public Roadways	5

LIST OF EXHIBITS

EXHIBIT 1- Location Map EXHIBIT 2- Legal Description EXHIBIT 3- District Boundary Map EXHIBIT 4- Zoning Map
EXHIBIT 5- Land Use Map
EXHIBIT 6- Utility Location Map & Drainage Flow Pattern Map EXHIBIT 7- Summary of Opinion ofProbable Costs
EXHIBIT 8- Summary of Proposed DistrictFacilities EXHIBIT 9- Overall Site Plan

SUPPLEMENTAL ENGINEER'S REPORT ASTONIA
COMMUNITY DEVELOPMENT DISTIUC'l?

J..	INTRODUCTION
The Astonia Conununity Development District (the«District") is located south of?En?ie Caldwell Blvd, west of Lee Jackson 1-lighway, and north and south of Little Zion Road in Polk County (the '"County"). The District currently contains approximately 159.93 acres and is expected to consist o.f681single family lots,recreation / an1enity areas, parks, and associated infrastructure.
The CDD was established under County Ordinance No. 2020-002 which ,;vas approved by the Po]k County Board o.fCounty Co1nmission on January 7, 2020. The District vvill own and operate the public roadways and stormwater n?anage1nent facilities. as vvell as the landscape, irrigation, signage, andrecreational Facilities within the develop.n1ent.

Iniplementation o:fany proposed :facilities or irnprove1nents outlined in this Report requires vvritten approval from the District's Board o:fSupervisors. Esti1nated costs outlined in this report are based on best available intorrnation, which includes but is not lin1ited to previous experience with sirnilar projects. Actual costs could be di:fi:erent than estimates because final engineering and specific field conditions may affect construction costs.

All roadway irn.provenients including co1T11non area,sidewalks in theright-of-'Way, and storm drainage collection systems (fron, the curb inlets to their connection to the Stonnwater ponds) within the Developn1.ent will be maintained by the District. Water distribution and wastewater collectionsyste1ns (gravity lines, :force mains, and lift stations) will, upon cornpletion, be dedicated to the City for ownership and maintenance.

TT.	PURPOSE AND SCOPE
The purpose of this Report is to provide engineering support to ·ft.ind improve1nents in the District. This Report will identify the proposed public infrastructure to be constt·ucted or

THEDEVELOPMENT
The Development vvill consist. or 681single family homes and associated infrastructut·e (""Development"). The Development is aplanned residential community located south of Ernie Caldwell Blvd, west of Lee Jackson Highway, and north arid south of Little Zion Road within the County. The Development has a land use ofRMX (Residential Medium) and a zoning of PD (Planned Development) The Developrnent will be constructed in three Phases. (Phase J- 191 lots, Phase2 - 306 Lots, and Phase 3 - 184 lots).
THE CAPITAL IMPROVEMENTS
The Capital Improven-ient Plan, (the "CTP"). consists of public inirastructuee tor the Development. The primary portions of the CIP will entailstormwater pond construction, roadways built to an "urban" typical section, water and sevver facilities arid off-site in-iprovements (including turn lanes and extension of water and sewer mains to serve the Develop1nent).

CAPITAL IMPROVEMENT PLAN COM.PONENTS
The system of improvements cornprising the Capital Itnprovement Plan ("CIP") includes the tollovving:

Storrnwater Manaeernent Facilities
Stormvvater management facilities consisting ofstorm conveyan.cesystems and retention ponds are contained within the District boundaries. StormvVater runs off via roadway cLu-b and gutter tostorn, inlets. Storm culverts convey therunoff into the proposedretention ponds for waterquality treatrnent and attenuation. The proposedstorm.water systems will utilize dry retention and wetretention for biological pollutant assimilation to achieve water quality treatment. The design criteria tor the District's storn,water management systems is regulated by the County an.d the SWFWMD.?rhere are no knownsurface waters.

Federal Emergency Manage1nent Agency Flood Insurance Rate Map (PEMA FIRM) Panel

Public Roadways
The proposedpublic roadwaysections are to be 50' R/W -with 20' of asphalt and Miamj curb or Type F curb and gutter on bothsides. 'rhe proposed road-waysection ,..vill consist o:fstabilized subgrade, lin:1e rock, crushed concrete or cement t,-eated base and asphalt vvearing surface. The proposed curb is to be 2' wide andplaced along t.he edge o:f th.e proposed roadway section :for purposes of protecting the integrity of-thepavement and also to providestorm ,..vaterrunoff conveyance to theproposed ston:n-water inlets.

The proposed roadvvays w:ill also requiresigning and pavement 1narkings vvithin thepublic rights-of'-vVay, as well as streetsigns depictingstreet nan,e identifications. and addressing, which will be utilized by tb.e residents and public. Asstated above, the District's .funding or road-way construction will occui- for all public roadways.

Wat:er and Wastewater Facilities
A potable water system ir1clusive o:f water nu,u.n, gate valves, fire hydrants and

Off-Site Improvements
The District will provide funding for the anticipated tun-i lanes at the develop1.nent en.trance. The site construction activities associated with the CIP are anticipated for completion as a single phase in 2020. Upon co1npletion of these in1provements, inspection/certifications will be obtained :from the SWFWMD; the Polk Got.u,.ty Health Department (water distributio1-isystem),. Florida Department of Environmental Protection (FDEP) (wastewater collection) and the County.

Public Amenities and Parks
TheDistrict will provide fi.u1ding for thepublic Amenity Facilities to include the following: pavilion with tot lot, dog park/all-pt.upose play field, walking trails, and passive parks tlu-oughout the Development which will includebenches and walking trails.

Electric and Lighting
The electric distribution system thru the District is currentlyplanned 1.o be  underground.rrhe

M:iscellaneo us
The stormvvater improvements, landscaping and irrigation,recreational improvements, street lighting, and certain permits andprotessional fees as described in this report, are being financed by the District with the ir1tention tor benefiting all of the developablereal property within the District. The construction and maintenance of theproposed public improvements will benefit thedevelopment for the intended use as asingle-fa.tn.ilyplanned development.

PERM.ITTING
Construction permits for the Development are 1·equired and include the SWFWMD Environmental Resource Permit (ERP). Polk County J-lealth Depart1nent, Florida Departn1ent of Environmental Protection (FDEP), Army Corps of Engineer Pennit (ACOE), and Cow1ty construction plan approval.

Follovving is a summary 01=-required pennits obtained and pending ·for the construction of the public infrastructure i1nprovements for the District:

Pl-JASE 2 (306 Lots)

Permits I Approvals	Approval I Expected Date	
Zoning Approval	Approved	
Preliminary Plat	NIA	
SWFWMDERP	Approved	
Construction Pern'l its	Approved	
Polk County Health Departtnent Water	May2020	
FDEP Sewer	Approved	
FDEPNOT	May 2020	
ACOE	NIA	

PHASE3 (184 Lots)

Permits I Approvals	Approval I Expected Date	
Zoning Approval	Approved	
Preliin inary Plat	NIA	
SWFWMDERP	Approved	

VTIJ. REPORT M.ODIFICATTON
Durit-ig development and implementation of the public inJrastruct.ure improvements as described for the District, it 1nay be necessary to make modifications and/or deviations tor the plans. l-Towever, ifsuch deviations and/or revisions do not change the overall primary objective of" the plan .ror such improvements, then the costs differences would not materially affect theproposed cost esti1nates.

IX.	CONCLUSION
lt is our professional opinion that thepublic intrast.ructi...u-e costs tor the CIP provided in this Report are reasonable to complete the construction of the public infrastructure improvements. Furthermore, the public infrastructure improvements will be.nefit and add value to lands within the District at least equal to the costs of?such itnprovements.

The Opinion of Probable Costs or the public in£rastructure i1nprovements is only an estimate and is not aguaran.teed maximu1n price. The estin.-iated costs are based upon ?mit

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LEGAL DESCRIPTION

BEGIN AT THE NW CORNER OF THE NE 1/4 OF THE NW 1/4 OF SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST, POLK COUNTY, FLORIDA; THENCE RUN N89°38'14"E ALONG THE NORTH LINE OF SAID SECTION 22 A DISTANCE OF 708.93 FEET; THENCE S02°00'48"E A DISTANCE OF 31.96 FEET TO A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 28°43'45", WITH A RADIUS OF 1385.00 FEET, WITH A CHORD BEARING OF S16°22'40"E, WITH A CHORD LENGTH OF 687.21 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 694.46 FEET; THENCE NS7°11'19"E A DISTANCE OF 285.23 FEET TO A POINT ON THE WEST RIGHT OF WAY OF ERNIE CALDWELL BOULEVARD, SAID POINT ALSO BEING ON A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 05°12'38'', WITH A RADIUS OF 1100.00 FEET, WITH A CHORD BEARING OF S32°48'41"E, WITH A CHORD LENGTH OF 100.00 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 100.03 FEET; THENCE LEAVING SAID RIGHT OF WAY RUN S57°11'19"W A DISTANCE OF 285.23 FEET TO A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 21°30'05", WITH A RADIUS OF 1385.00 FEET, WITH A CHORD BEARING OF S45°37'51"E, WITH A CHORD LENGTH OF 516.70 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 519.75 FEET; THENCE S00°34'03"E A DISTANCE OF 1126.63 FEET TO THE NORTH MAINTAINED RIGHT OF WAY OF LITTLE ZION ROAD; ,HENCE RUN ALONG SAID NORTH RIGHT OF WAY THE FOLLOWING 29 COURSES; 1) N86°53'43"W A DISTANCE OF 12.69 FEET;2)THENCE N87°23'02"W A DISTANCE OF 65.40 FEET; 3)THENCE S87°44'53"W  A DISTANCE OF 34.73 FEET; 4)THENCE S82°19'26"W A DISTANCE OF
41.07 FEET; 5)THENCE S73°10'25"W A DISTANCE OF 16.81 FEET; 6)THENCE S70°46'24"W A DISTANCE OF 24.09 FEET;
7)THENCE S70°28'57"W A DISTANCE OF 16.64 FEET; 8)THENCE S61°58'48"W A DISTANCE OF 36.62 FEET; 9)THENCE S57°16'53"W A DISTANCE OF 63.50 FEET; 10)THENCE S46°20'51"W A DISTANCE OF 35.85 FEET; 11)THENCES3S040'32"W A DISTANCE OF ;J.4.37 FEET; 12)THENCE S35°36'06"W A DISTANCE OF 15.07 FEET; 13)THENCE S29°16'16"W A DISTANCE OF
33.67 FEET; 14)THENCE S28°02'33"W A DISTANCE OF 100.08 FEET; 15)THENCE S29°3S'32"W A DISTANCE OF 41.20 FEET;
16)THENCE S37°51'45"W A DISTANCE OF 60.25 FEET; 17)THENCE S48°18'53''W A DISTANCE OF 16.90 FEET; 18)THENCE S56°17'21"W A DISTANCE OF 18.08 FEET; 19)THENCE S62°22'59"W A DISTANCE OF 10.29 FEET; 20)THENCE S89°37'17"W A DISTANCE OF 165.14 FEET; 21)THENCE S00°24'07"E A DISTANCE OF 17.27 FEET; 22)THENCE S89°49'44"W  A DISTANCE OF
51.17 FEET; 23)THENCE S89°15'22"W A DISTANCE OF 100.01 FEET; 24)THENCE S89°42'52"W A DISTANCE OF 100.00 FEET;

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Composite Exhibit 7 Astonia CDD
Community Development District Summary of Probable Cost

Infrastructure(lH9l	
I	Phase 1
191 Lots 1101	
Phase 2
306 Lots1111	Phase 3
184 Lots1ul	Total 681 Lotsl13I	
Offsite Improvements 151151	$ 650,000.00	$1,050,000.00	$ 600,000.00	$ 2,300,000.00	
Stormwater Management(2H3H5H6l	$1,350,000.00	$2,160,000.00	$1,290,000.00	$4,800,000.00	
Utilities (Water, Sewer, & Street Lighting) 1511511s1	$1,320,000.00	$2,120,000.00	$1,260,000.00	$4,700,000.00	
Roadway 1•1151151	$ 790,000.00	$1,260,000.00	$ 750,000.00	$ 2,800,000.00	
Entry Feature 151171	$ 310,000.00	$ 495,000.00	$ 295,000.00	$1,100,000.00	
Parks and Recreational Facilities111161	$ 450,000.00	$ 720,000.00	$ 430,000.00	$ 1,600,000.00		
Contin?e_ncy		$ 210,000.00	$ 345,000.00	$ 245,000.00	_$	

Notes:
l.		Infrastructure consists of offsite improvements, public roadway improvements, stormwater management facilities, master sanitary sewer lift station and utilities, entry feature, landscaping and signage, and parks and recreational facilities.
Excludes grading of each lot both for initial pad construction, lot finishing in conjunction with home construction, which will be provided by developer or homebuilder.
Includes stormwater pond excavation. Costs do not include transportation to or placement of fill on private property.
Includes sub-grade, base, asphalt paving, curbing, and civil/site engineering.
Includes subdivision infrastructure and civil/site engineering.
Estimates are based on 2019 cost.
Includes entry features, signage, hardscape, landscape, irrigation and fencing.
COD will enter into a Lighting Agreement with Duke Energy for the street light poles and lighting service. Only undergrounding of wire in public right-of-way and on District land is included.
Estimates based on Master Infrastructure to support development of 681lots.
73 -40 foot wide lots and 118 - 50 foot wide lots
143 -40 foot wide lots and 163 - 50 foot wide lots
73 -40 foot wide lots and 111-50 foot wide lots
289 -40  foot wide lots and 392- 50 foot wide lots.

Composite Exhibit 8 Astonia CDD
Community Development District Summary ofProposed District Facilities

District Infrastructure	
Construction	
Ownership	
CapitalFinancing*	Operation and	
				Maintenance	

Offsite Improvements	District	County	District Bonds	County	
Stormwater Facilities	District	District	District Bonds	District	
Lift Stations/Water/Sewer	District	Polk County	District Bonds	Polk County	
Street Lighting/Conduit	District	**District	DistrictBonds	**District	

COMPOSITE EXHIBIT B

Master Assessment Methodology for Astonia Community Development District, dated January 9, 2020, as supplemented by the Supplemental Assessment Methodology – Phase 1, dated September 3, 2020

MASTER ASSESSMENT METHODOLOGY

FOR

ASTONIA
COMMUNITY DEVELOPMENT  DISTRICT

Date: January 9, 2020

Prepared by

Governmental Management Services - Central Florida, LLC 135 W. Central Blvd, Suite 320
Orlando, FL 32801
Table of Contents
lntroduction	3
Purpose	3
Background	3
Special Benefits and General Benefits	4
Requirements of a Valid Assessment Methodology	4
Special Benefits Exceed the Costs Allocated	5
Assessment Methodology	5
Overview	5
Allocation of Debt	6
Allocation of Benefit	6
Lienability Test: Special and Peculiar Benefit to the Property	6
Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments	7
True-Up Mechanism	8
Assessment Roll	8
Appendix	9
Table 1: Development Program	9
Table 2: Capital Improvement Cost Estimates	10
Table 3: Bond Sizing	11
Table 4: Allocation of Improvement Costs	12
Table 5: Allocation of Total Par Debt to Each Product Type	13
Table 6: Par Debt and Annual Assessments	14
Table 7: Preliminary Assessment Roll	15
GMS-CF, LLC does not represent the Astonia Community
Development District as a Municipal Advisor or Securities Broker nor is GMS-CF, LLC registered to provide such services as described in Section 158 of the
Securities and Exchange Act of 1934, as amended. Similarly, GMS-CF, LLC does not provide the Astonia Community Development District with financial
advisory services or offer investment advice in any form.
Introduction

The Astonia Community Development District (the "District") is a local unit of special-purpose government organized and existing under Chapter 190, Florida Statutes as amended. The District anticipates the issuance at this time of not to exceed $16,750,000 of tax exempt bonds in one or more series (the "Bonds") for the purpose of financing certain infrastructure improvements ("Capital Improvement Plan") within the District more specifically described in the Engineer's Report dated January 9, 2020 prepared by Wood & Associates Engineering, LLC, as may be amended and supplemented from time to time (the "Engineer's Report"). The District anticipates the construction of all or a portion of the Capital Improvement Plan that benefit property within the District.

Purpose

This Master Assessment Methodology (the "Assessment Report") provides for an assessment methodology that allocates the debt to be incurred by the District to benefiting properties within the District. This Assessment Report allocates the debt to properties based on the special benefits each receives from the Capital Improvement Plan. This Assessment Report will be supplemented with one or more supplemental methodology reports to reflect the actual terms and conditions at the time of the issuance of each series of Bonds issued to finance all or a portion of the Capital Improvement Plan. This Assessment Report is designed to conform to the requirements of Chapters 190 and 170, Florida Statutes with respect to special assessments and is consistent with our understanding of case law on this subject.

The District intends to impose non ad valorem special assessments on the benefited lands within the District based on this Assessment Report. It is anticipated that all of the proposed special assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes or any other legal means available to the District. It is not the intent of this Assessment Report to address any other assessments, if applicable, that may be levied by the District, a homeowner's association, or any other unit of government.

Background

The District currently includes approximately 159.93 acres in Polk County, Florida. The development program for the District currently envisions approximately 681 residential units. The proposed development program is depicted in Table 1. It is recognized that such land use plan may change, and this Assessment Report will be modified or supplemented accordingly.

The improvements contemplated by the District in the Capital Improvement Plan will provide facilities that benefit certain property within the District. Specifically, the District will construct and/ or acquire certain offsite improvements, stormwater
management facilities, utility facilities, roadways, entry features, and park and recreational facilities. The acquisition and construction costs are summarized in Table 2.

The assessment methodology is a four-step process.

The District Engineer must first determine the public infrastructure improvements that may be provided by the District and the costs to implement the Capital Improvement Plan.
The District Engineer determines the assessable acres that benefit from the District's Capital Improvement Plan.
A calculation is made to determine the funding amounts necessary to acquire and/ or construct the Capital Improvement Plan.
This amount is initially divided equally among the benefited properties on a prorated assessable acreage basis. Ultimately, as land is platted, this amount will be assigned to each of the benefited properties based on the number of platted units.

Special Benefits and General Benefits

Improvements undertaken by the District create special and peculiar benefits to the property, different in kind and degree than general benefits, for properties within its borders as well as general benefits to the public at large.

However, as discussed within this Assessment Report, these general benefits are incidental in nature and are readily distinguishable from the special and peculiar benefits, which accrue to property within the District. The implementation of the Capital Improvement Plan enables properties within the boundaries of the District to be developed. Without the District's Capital Improvement Plan, there would be no infrastructure to support development of land within the District. Without these improvements, development of the property within the District would be prohibited bylaw.

There is no doubt that the general public and property owners outside of the District will benefit from the provision of the Capital Improvement Plan. However, these benefits will be incidental for the purpose of the Capital Improvement Plan, which is designed solely to meet the needs of property within the District. Properties outside of the District boundaries do not depend upon the District's Capital Improvement Plan. The property owners within the District are therefore receiving special benefits not received by those outside the District's boundaries.

Requirements of a Valid Assessment Methodology

There are two requirements under Florida law for a valid special assessment:
The properties must receive a special benefit from the improvements being paid for.
The assessments must be fairly and reasonably allocated to the properties being assessed based on the special benefit such properties receive.

Florida law provides for a wide application of special assessments that meet these two characteristics of special assessments.

Special Benefits Exceed the Costs Allocated

The special benefits provided to the property owners within the District will be greater than the costs associated with providing these benefits. The District Engineer estimates that the District's Capital Improvement Plan that is necessary to support full development of property within the District will cost approximately $12,764,000. The District's Underwriter projects that financing costs required to fund the Capital Improvement Plan costs, the cost of issuance of the Bonds, the funding of a debt service reserve account and capitalized interest, will be approximately $16,750,000. Without the Capital Improvement Plan, the property within the District would not be able to be developed and occupied by future residents of the community.

2.0	Assessment Methodology

Overview

The District anticipates issuing approximately $16,750,000 in Bonds in one or more series to fund the District's entire Capital Improvement Plan, provide for capitalized interest, a debt service reserve account and pay cost of issuance. It is the purpose of this Assessment Report to allocate the $16,750,000 in debt to the properties within the District benefiting from the Capital Improvement Plan. This report will be supplemented to reflect actual bond terms.

Table 1 identifies the land uses as identified by the developer within the District. The District has commissioned an Engineer's Report that includes estimated construction costs for the Capital Improvement Plan needed to support the development, which construction costs are outlined in Table 2. The improvements needed to support the development are described in detail in the Engineer's Report and are estimated to cost
$12,764,000. Based on the estimated costs, the size of the bond issue under current market conditions needed to generate funds to pay for the Capital Improvement Plan and related costs was determined by the District's Underwriter to total approximately
$16,750,000. Table 3 shows the breakdown of the bond sizing.
Allocation of Debt

Allocation of debt is a continuous process until the development plan for the District is completed. Until the platting process occurs, the Capital Improvement Plan funded by District bonds benefits all acres equally within the District.

The initial assessments will be levied on an equal basis to all gross acreage within the District. A fair and reasonable methodology allocates the debt incurred by the District proportionately to the properties receiving the special benefits. At this point all of the lands within the District are benefiting equally from the improvements.

Once platting or the recording of a declaration of condominium of any portion of the District into - individual lots or units ("Assigned Properties") has begun, the assessments will be levied to the Assigned Properties based on the benefits they receive, on a first platted, first assigned basis. The "Unassigned Properties" defined as property that has not been platted or subjected to a declaration of condominium, will continue to be assessed on a per acre basis. Eventually the development plan will be completed and the debt relating to the bonds will be allocated to the platted units within the District, which are the beneficiaries of the Capital Improvement Plan, as depicted in Table 5 and Table 6. If there are changes to development plan, a true up of the assessment will be calculated to determine if a debt reduction or true-up payment from the Developer is required. The process is outlined in Section 3.0.

The assignment of debt in this Assessment Report sets forth the process by which debt is apportioned. As mentioned herein, this Assessment Report will be supplemented from time to time.

Allocation of Benefit

The Capital Improvement Plan consists of offsite improvements, stormwater management facilities, utility facilities, roadways, entry features, and park and recreational facilities and professional fees along with related incidental costs. There is one product type within the planned development. The single family 50' home has been set as the base unit and has been assigned one equivalent residential unit ("ERU"). Table 4 shows the allocation of benefit to the particular land uses. It is important to note that the benefit derived from the improvements on the particular units exceeds the cost that the units will be paying for such benefits.

Lienability Test: Special and Peculiar Benefit to the Property

Construction and/ or acquisition by the District of its proposed Capital Improvement Plan will provide several types of systems, facilities and services for its residents. These include offsite improvements, stormwater management facilities, utility facilities,  roadways, entry features, and  park and  recreation facilities. These
improvements accrue in differing amounts and are somewhat dependent on the type of land use receiving the special benefits peculiar to those properties, which flow from the logical relationship of the improvements to the properties.

Once these determinations are made, they are reviewed in the light of the special benefits peculiar to the property, which flow to the properties as a result of their logical connection from the improvements in fact actually provided.

For the provision of the Capital Improvement Plan, the special and peculiar benefits are:

the added use of the property,
added enjoyment of the property, and
the probability of increased marketability and value of the property.

These special and peculiar benefits are real and ascertainable, but are not yet capable of being calculated as to value with mathematical certainty. However, each is more valuable than either the cost of, or the actual non-ad valorem special assessment levied for the improvement or the debt as allocated.

Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments

A reasonable estimate of the proportion of special and peculiar benefits received from the public improvements described in the Engineer's Report is delineated in Table 5 (expressed as Allocation of Par Debt per Product Type). This is also shown on Table 7 depicting Allocation of Par Debt per Product Type.

The determination has been made that the duty to pay the non-ad valorem special assessments is fairly and reasonably apportioned because the special and peculiar benefits to the property derived from the acquisition and/or construction of Capital Improvement Plan have been apportioned to the property within the District according to reasonable estimates of the special and peculiar benefits provided consistent with the land use categories.

Accordingly, no acre or parcel of property within the boundaries of the District will have a lien for the payment of any non-ad valorem special assessment more than the determined special benefit peculiar to that property and therefore, the debt allocation will not be increased more than the debt allocation set forth in this Assessment Report.

In accordance with the benefit allocation suggested for the product types in Table 4, a total debt per unit and an annual assessment per unit have been calculated for each product type (Table 6). These amounts represent the preliminary anticipated per unit
debt allocation assuming all anticipated units are built and sold as planned, and the entire proposed Capital Improvement Plan is constructed.

True Up Mechanism

Although the District does not process plats, declaration of condominiums, site plans or revisions thereto for the developer, it does have an important role to play during the course of platting and site planning. Whenever a plat, declaration of condominium or site plan is processed, the District must allocate a portion of its debt to the property according to this Assessment Report outlined herein. In addition, the District must also prevent any buildup of debt on Unassigned Properties. Otherwise, the land could be fully conveyed and/or platted without all of the debt being allocated. To preclude this, when platting for 25%, 50%, 75% and 100% of the units planned for platting has occurred within the District, the District will determine the amount of anticipated assessment revenue that remains on the Unassigned Properties, taking into account the full development plan of the District. If the total anticipated assessment revenue to be generated from the Assigned and Unassigned Properties is greater than or equal to the maximum annual debt service then no debt reduction or true-up payment is required. In the case that the revenue generated is less then the required amount then a debt reduction or true-up payment by the landowner in the amount necessary to reduce the par amount of the outstanding bonds plus accrued interest to a level that will be supported by the new net annual debt service assessments will be required.

If a true-up payment is made less than 45 days prior to an interest payment date, the amount of accrued interest will be calculated to the next succeeding interest payment date.

Assessment Roll

The District will initially distribute the liens across the property within the District boundaries on a gross acreage basis. As Assigned Properties becomes known with certainty, the District will refine its allocation of debt from a per acre basis to a per unit basis as shown in Table 6. If the land use plan changes, then the District will update Table 6 to reflect the changes as part of the foregoing true-up process. As a result, the assessment liens are neither fixed nor are they determinable with certainty on any acre of land in the District prior to the time final Assigned Properties become known. The current assessment roll is attached as Table 7.

Total Assessible
 Land Use	Units	ERUs per Unit (1)	Total ERUs

	Single Family - 40'	289	0.80	231		
	Single Family - 50'	392	1.00	392		
	Total Units	681		623		

(1) Benefit is allocated on an ERU basis; based on density of planned development, with Single Family 50' = 1 ERU

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 2
ASTONIA COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT PLAN COST ESTIMATES
MASTER ASSESSMENT METHODOLOGY		
		
Capital Improvement Plan ("CIP") (1)	Cost Estimate	

Offsite Improvements	
$525,000	
Stormwater Management	$4,800,000	
Utilities (Water, Sewer, & Street Lighting)	$3,139,000	
Roadway	$1,795,000	
Entry Feature	$1,100,000	
Parks and Recreation	$800,000	
Contingencies	$605,000	
	$12,764,000	

(1) A detailed description of these improvements is provided in the		
Engineer's Report dated January 9, 2020.		

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 3
ASTONIA COMMUNITY DEVELOPMENT DISTRICT BOND SIZING
MASTER ASSESSMENT METHODOLOGY			
			
Description		Total	
Construction Funds	$	12,764,000	
Debt Service Reserve
Capitalized Interest Underwriters Discount Cost of Issuance Contingency

Par Amount*
$	1,216,869
$	2,010,000
$	335,000
$	220,000
$	204,131

$	16,750,000

Bond Assumptions:

* Par amount is subject to change based on the actual terms at the sale of the bonds

Prepared by: Governmental Management Services - Central Florida, LLC

% of Total ?	Total Improvements	Improvement Costs Land Use	No. of Units*	ERU Factor	Total ERUs	ERUs	 Costs Per Product Type 		Per Unit

Single Family - 40'	289	0.8	231	37.10%	$	4,735,297	$16,385	
Single Family - 50'	392	1.00	392	62.90%	$	8,028,703	$20,481	

Totals	681	623	37.10%	$	12,764,000

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Land Use	No. of Units *	Total Improvements Costs Per Product Type	Allocation of Par
Debt Per Product Type	

Par Debt Per Unit		

Single Family - 40'	
289	
$	4,735,297	
$	6,214,056	
$21,502	
Single Family - 50'	392	$	8,028,703	$	10,535,944	$26,877	

Totals	681	$	12,764,000	$	16,750,000

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Allocation of Par		
Maximum	Net Annual Debt	Gross Annual Debt			
Debt Per Product	Total Par Debt Per	Annual Debt	Assessment	Assessment			
Land Use	No. of Units*		Type	Unit	Service	Per Unit	Per Unit (1) 							
Single Family - 40'	289	$	6,214,056	$21,502	$	451,444	$	1,562	$	1,680	
Single Family - 50'	392	$	10,535,944	$26,877	$	765,425	$	1,953	$	2,100	

Totals	681	$	16,750,000	$	1,216,869

(1) This amount includes collection fees and early payment discounts when collected on the Polk County Tax Bill

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 7
ASTONIA COMMUNITY DEVELOPMENT DISTRICT PRELIMINARY ASSESSMENT ROLL
MASTER ASSESSMENT METHODOLOGY						
						
		Total Par Debt		Net Annual Debt	Gross Annual	
		Allocation Per	Total Par Debt	Assessment	Debt Assessment	
Owner	Property ID #'s*	Acres	Acre	Allocated	Allocation	Allocation (1)	

Ernie Caldwell Properties LLC	27-26-22-000000-013010	
9.86	
$104,733	
$	1,032,671	
$	75,022	
$	80,669	
Ernie Caldwell Properties LLC	27-26-22-000000-033010	23.88	$104,733	$	2,501,032	$	181,697	$	195,373	
Ernie Caldwell Properties LLC	27-26-22-000000-013020	19.88	$104,733	$	2,082,098	$	151,262	$	162,647	
Ernie Caldwell Properties LLC	27-26-22-000000-034010	39.68	$104,733	$	4,155,818	$	301,916	$	324,640	
Ernie Caldwell Properties LLC	27-26-22-000000-032010	36.66	$104,733	$	3,839,524	$	278,937	$	299,932	
Ernie Caldwell Properties LLC	27-26-22-000000-043010	29.97	$104,733	$	3,138,858	$	228,035	$	245,198	
Totals	159.93		$	16,750,000	$	1,216,869	$	1,308,461	

(1) This amount includes 7% to cover collection fees and early payment discounts when collected utilizing the uniform method.

* - See Metes and Bounds, attached as Exhibit A

Prepared by: Governmental Management Services - Central Florida, LLC

LEGAL DESCRIPTION	

BEGIN Ar THE NW CORNER OF THE NE 1/4 OF THE NW 1/4 OF SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST, POLK	
	COUNTY, FLORIDA; THENCE RUN N89°38'14"E ALONG THE NORTH LINE OF SAID SECTION 22 A DISTANCE OF 708.93 FEET;	
	THENCE S02°00'48"E A DISTANCE OF 31.96 FEET TO A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 28°43'45",	
	WITH A RADIUS OF 1385.00 FEET, WITH A CHORD BEARING OF Sl6°22'40"E, WITH A CHORD LENGTH OF 687.21 FEET;	
	THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 694.46 FEET; THENCE N57°11'19"E A DISTANCE OF 285.23 FEET TO A	
	POINT ON THE WEST RIGHT OF WAY OF ERNIE CALDWELL BOULEVARD, SAID POINT ALSO BEING ON A CURVE TURNING TO	
	THE LEFT WITH A DELTA ANGLE OF 05°12'38", WITH A RADIUS OF 1100.00 FEET, WITH A CHORD BEARING OF S32°48'41"E,	
	WITH A CHORD LENGTH OF 100.00 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 100.03 FEET; THENCE	
	LEAVING SAID RIGHT OF WAY RUN S57°11'19"W A DISTANCE OF 285.23 FEET TO A CURVE TURNING TO THE LEFT WITH A	
	DELTA ANGLE OF 21°30'05", WITH A RADIUS OF 1385.00 FEET, WITH A CHORD BEARING OF S45°37'5l"E, WITH A CHORD	
	LENGTH OF 516.70 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 519.75 FEET; THENCE S00°34'03"E A	
	DISTANCE OF 1126.63 FEET TO THE NORTH MAINTAINED RIGHT OF WAY OF LITTLE ZION ROAD; THENCE RUN ALONG SAID	
	NORTH RIGHT OF WAY THE FOLLOWING 29 COURSES; 1) N86°53'43"W A DISTANCE OF 12.69 FEET; 2)THENCE N87°23'02"W	
	A DISTANCE OF 65.40 FEET; 3)THENCE S87°44'53"W A DISTANCE OF 34.73 FEET; 4)THENCE S82°19'26"W A DISTANCE OF	
	41.07 FEET; 5)THENCE S73°10'25"W A DISTANCE OF 16.81 FEET; 6)THENCE S70°46'24"W A DISTANCE OF 24.09 FEET;	
	7)THENCE S70°28'57"W A DISTANCE OF 16.64 FEET; 8)THENCE S6l058'48"W A DISTANCE OF 36.62 FEET; 9)THENCE	
	S57°16'53"W A DISTANCE OF 63.50 FEET; lD)THENCE S46°20'5l"W A DISTANCE OF 35.85 FEET; ll)THENCE S35°40'32"W A	
	DISTANCE OF 14.37 FEET; 12)THENCE S35°36'06"W A DISTANCE OF 15.07 FEET; 13)THENCE S29°16'16"W A DISTANCE OF	
	33.67 FEET; 14)THENCE S28°02'33"W A DISTANCE OF 100.08 FEET; 15)THENCE S29°35'32"W A DISTANCE OF 41.20 FEET;	
	16)THENCE S37°51'4S"W A DISTANCE OF 60.25 FEET; 17)THENCE S48°18'53"W A DISTANCE OF 16.90 FEET; 18)THENCE	
	S56°17'2l"W A DISTANCE OF 18.08 FEET; 19)THENCE S62°22'59"W A DISTANCE OF 10.29 FEET; 20)THENCE S89°37'17"W A	
	DISTANCE OF 165.14 FEET; 21)THENCE S00°24'07"E A DISTANCE OF 17.27 FEET; 22)THENCE S89°49'44"W A DISTANCE OF	
	51.17 FEET; 23)THENCE S89°15'22"W A DISTANCE OF 100.01 FEET; 24)THENCE S89°42'52"W A DISTANCE OF 100.00 FEET;	
	25)THENCE S89°25'40"W A DISTANCE OF 100.00 FEET; 26)THENCE S89°18'48"W A DISTANCE OF 100.00 FEET; 27)THENCE	
	S89°35'59"W A DISTANCE OF 100.00 FEET; 28)THENCE S89°42'52"W A DISTANCE OF 100.00 FEET; 29)THENCE S89°35'59"W	
	A DISTANCE OF 11.74 FEET; THENCE LEAVING SAID NORTH RIGHT OF WAY RUN S00°31'51"E A DISTANCE OF 672.83 FEET;	
	THENCE S89°33'56"W A DISTANCE OF 663.12 FEET; THENCE S00°30'40"E A DISTANCE OF 661.24 FEET TO THE SOUTH LINE	
	OF THE NW 1/4 OF THE SW 1/4 OF SAID SECTION 22; THENCE S89°31'59"W ALONG SAID SOUTH LINE A DISTANCE OF	
	663.35 FEET TO THE WEST LINE OF SAID SECTION 22; THENCE RUN ALONG SAID WEST LINE THE FOLLOWING 3 COURSES; 1)	
	N00°29'28"W A DISTANCE OF 1323.24 FEET; 2) THENCE N00°09'33"W A DISTANCE OF 1322.55 FEET; 3) THENCE	
	N00°09'33"W A DISTANCE OF 792.10 FEET TO THE NORTH LINE OF THE SOUTH 24 ACRES OF THE NW 1/4 OF THE NW 1/4	
	OF SAID SECTION 22; THENCE N89°37'27"E ALONG SAID NORTH LINE A DISTANCE OF 1318.54 FEET TO THE WEST LINE OF	
	THE NE 1/4 OF THE NW 1/4 OF SAID SECTION 22; THENCE N00°20'5l"W ALONG SAID WEST LINE A DISTANCE OF 529.36	
	FEET RETURNING TO THE POINT OF BEGINNING, LESS MAINTAINED RIGHT OF WAY FOR LITTLE ZION ROAD.	
	
CONTAINING AN AREA OF 159.93 ACRES MORE OR LESS.	

-		
EXHIBIT 2		
ASTONIA		
COMMUNITY DEVELOPMENT DISTRICT		
LEGAL DESCRIPTION		
1925 BARTOW ROAD • LAKELAND. Fl 33801		
OFACE: (B63) 940-2040 • FAX: (863) 940-2044 • CELL (863) 662-001B		
EMAIL: INFO@WOODOV!LCOM	PAGE 1 OF 1		

SUPPLEMENT AL ASSESSMENT METHODOLOGY - PHASE 1

FOR

ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

Date: September 3, 2020

Prepared by

Governmental Management Services - Central Florida, LLC 219 East Livingston St.
Orlando, FL 32801
Table of Contents
1.0 Introduction	3
Purpose	3
Background	3
Special Benefits and General Benefits	4
Requirements of a Valid Assessment Methodology	4
Special Benefits Exceed the Costs Allocated	5
2.0 Assessment Methodology	5
Overview	5
Allocation of Debt	6
Allocation of Benefit	6
Lienability Test: Special and Peculiar Benefit to the Property	6
Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments	7
True-Up Mechanism ._	8
Assessment Roll	8
Appendix	1O
Table 1: Development Program	10
Table 2: Capital Improvement Cost Estimates	11
Table 3: Bond Sizing	12
Table 4: Allocation of Improvement Costs	13
Table 5: Allocation of Total Par Debt to Each Product Type	14
Table 6: Par Debt and Annual Assessments	15
Table 7: Preliminary Assessment Roll	16
GMS-CF, LLC does not represent the Astonia Community
Development District as a Municipal Advisor or Securities Broker nor is GMS-CF, LLC registered to provide such services as described in Section 15B of the
Securities and Exchange Act of 1934, as amended. Similarly, GMS-CF, LLC does not provide the Astonia Community Development District with financial
advisory services or offer investment advice in any form.
Introduction

The Astonia Community Development District (the "District") is a local unit of special-purpose government organized and existing under Chapter 190, Florida Statutes as amended. The District has issued $3,830,000 of tax exempt bonds (the "Bonds") for the purpose of financing certain Phase 1 Assessment Area infrastructure improvements ("Capital Improvement Plan") within Phase 1 Assessment Area of the District more specifically described as Phase 1 in the Engineer's Report dated May 14, 2020 prepared by Wood & Associates Engineering, LLC, as may be amended and supplemented from time to time (the "Engineer's Report"). The District anticipates the construction of all or a portion of the Phase
Assessment Area Capital Improvement Plan that benefit property within the Phase 1 Assessment Area the District.

Purpose

This Supplemental Assessment Methodology (the "Assessment Report") supplements the Master Assessment Methodology, dated February 13, 2020. The Assessment Report provides for an assessment methodology that allocates the debt to be incurred by the District to benefiting properties within the Phase 1 Assessment Area of the District. This Assessment Report allocates the debt to properties based on the special benefits each receives from the Capital Improvement Plan. This Assessment Report may be supplemented with one or more supplemental methodology reports to reflect the actual terms and conditions at the time of the issuance of each series of Bonds issued to finance all or a portion of the Capital Improvement Plan. This Assessment Report is designed to conform to the requirements of Chapters 190, 197 and 170, Florida Statutes with respect to special assessments and is consistent with our understanding of case law on this subject.

The District intends to impose non ad valorem special assessments on the benefited lands within Phase 1 Assessment Area of the District based on this Assessment Report. It is anticipated that all of the proposed special assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes or any other legal means available to the District. It is not the intent of this Assessment Report to address any other assessments, if applicable, that may be levied by the District, a homeowner's association, or any other unit of government.

Background

The District currently includes approximately 159.93 acres in Polk County, Florida. Phase 1 consists of 61.15 acres. The development program for Phase 1 of the District the District currently envisions approximately 191 residential units. The proposed development program is depicted in Table 1. It is recognized that such land use plan may change, and this Assessment Report will be modified or supplemented accordingly.
The improvements contemplated by the District in the Capital Improvement Plan will provide facilities that benefit certain property within the District. Specifically, the District will construct and/or acquire certain offsite improvements, stormwater management facilities, utility facilities, roadways, entry features, and park and recreational facilities. The acquisition and construction costs are summarized in Table 2.

The assessment methodology is a four-step process.

The District Engineer must first determine the public infrastructure improvements that may be provided by the District and the costs to implement the Capital Improvement Plan.
The District Engineer determines the assessable acres that benefit from the District's Capital Improvement Plan.
A calculation is made to determine the funding amounts necessary to acquire and/ or constr1;1ct the Capital Improvement Plan.
This amount is initially divided equally among the benefited properties on a prorated assessable acreage basis. Ultimately, as land is platted, this amount will be assigned to each of the benefited properties based on the number of platted units.

Special Benefits and General Benefits

Improvements undertaken by the District create special and peculiar benefits to the property, different in kind and degree than general benefits, for properties within its borders as well as general benefits to the public at large.

However, as discussed within this Assessment Report, these general benefits are incidental in nature and are readily distinguishable from the special and peculiar benefits, which accrue to property within the District. The implementation of the Capital Improvement Plan enables properties within the boundaries of Phase 1 of the District to be developed. Without the District's Phase 1 Capital Improvement Plan, there would be no infrastructure to support development of land within Phase 1 of the District. Without these improvements, development of the property within Phase 1 of the District would be prohibited by law.

There is no doubt that the general public and property owners outside of Phase 1 of the District will benefit from the provision of the Capital Improvement Plan. However, these benefits will be incidental for the purpose of the Phase 1 Capital Improvement Plan, which is designed solely to meet the needs of property within the Phase 1 Assessment Area District. Properties outside of the Phase 1 Assessment Area of District boundaries do not depend upon the District's Phase 1 Capital Improvement
Plan. The property owners within Phase 1 of the District are therefore receiving special benefits not received by those outside the District's boundaries.

Requirements of a Valid Assessment Methodology

There are two requirements under Florida law for a valid special assessment:

The properties must receive a special benefit from the improvements being paid for.
The assessments must be fairly and reasonably allocated to the properties being assessed based on the special benefit such properties receive.

Florida law provides for a wide application of special assessments that meet these two characteristics of special assessments.

Special Benefits Exceed the Costs Allocated

The special benefits provided to the property owners within Phase 1 of the District will be greater than the costs associated with providing these benefits. The District Engineer estimates that the District's Phase 1 Assessment Area Capital Improvement Plan that is necessary to support full development of property within Phase 1 of the District will cost approximately $5,080,000. The District's Underwriter projects that financing costs required to fund the Phase 1 Assessment Area Capital Improvement Plan costs, the cost of issuance of the Bonds, the funding of a debt service reserve account and capitalized interest is $3,830,000. Without the Phase 1 Capital Improvement Plan, the property within Phasel of the District would not be able to be developed and occupied by future residents of the community.

.0	Assessment Methodology

Overview

The District has issued $3,830,000 in Bonds in one or more series to fund the District's entire Phase 1 Capital Improvement Plan, provide for capitalized interest, a debt service reserve account and pay cost of issuance. It is the purpose of this Assessment Report to allocate the $3,830,000 in debt to the properties within the District benefiting from the Capital Improvement Plan. This report will be supplemented to reflect actual bond terms.

Table 1 identifies the land uses as identified by the developer within the District. The District has commissioned an Engineer's Report that includes estimated construction costs for the Phase 1 Capital Improvement Plan needed to support the development, which construction costs are outlined in Table 2. The improvements needed to support the development are described in detail in the Engineer's Report and are
estimated to cost $5,080,000. Based on the estimated costs, the size of the bond issue under current market conditions needed to generate funds to pay for the Capital Improvement Plan and related costs was determined by the District's Underwriter to total $3,830,000. Table 3 shows the breakdown of the bond sizing.

Allocation of Debt

Allocation of debt is a continuous process until the development plan for Phase 1 of the District is completed. Until the platting process occurs, the Capital Improvement Plan funded by District bonds benefits all acres equally within Phase 1 Assessment Area of the District.

The initial assessments will be levied on an equal basis to all gross acreage within Phase 1 of the District. A fair and reasonable methodology allocates the debt incurred by the District proportionately to the properties receiving the special benefits. At this point all of the lands within Phase 1 of the District are benefiting equally from the improvements.

Once platting or the recording of a declaration of condominium of any portion of the District into individual lots or units ("Assigned Properties") has begun, the assessments will be levied to the Assigned Properties based on the benefits they receive, on a first platted, first assigned basis. The "Unassigned Properties" defined as property that has not been platted or subjected to a declaration of condominium, will continue to be assessed on a per acre basis. Eventually the development plan will be completed and the debt relating to the bonds will be allocated to the platted units within the District, which are the beneficiaries of the Capital Improvement Plan, as depicted in Table 5 and Table 6. If there are changes to development plan, a true up of the assessment will be calculated to determine if a debt reduction or true-up payment from the Developer is required. The process is outlined in Section 3.0.

The assignment of debt in this Assessment Report sets forth the process by which debt is apportioned. As mentioned herein, this Assessment Report will be supplemented from time to time.

Allocation of Benefit

The Capital Improvement Plan consists of offsite improvements, stormwater management facilities, utility facilities, roadways, entry features, and park and recreational facilities and professional fees along with related incidental costs. There are two product types within the planned development. The single family 50' home has been set as the base unit and has been assigned one equivalent residential unit ("ERU"), with singe family 40' being set at .8 ERU. Table 4 shows the allocation of benefit to the particular land uses. It is important to note that the benefit derived from
the improvements on the particular units exceeds the cost that the units will be paying for such benefits.

Lienability Test: Special and Peculiar Benefit to the Property

Construction and/ or acquisition by the District of its proposed Phase 1 Capital Improvement Plan will provide several types of systems, facilities and services for its residents. These include offsite improvements, stormwater management facilities, utility facilities, roadways, entry features, and park and recreation facilities. These improvements accrue in differing amounts and are somewhat dependent on the type of land use receiving the special benefits peculiar to those properties, which flow from the logical relationship of the improvements to the properties.

Once these determinations are made, they are reviewed in the light of the special benefits peculiar to the property, which flow to the properties as a result of their logical connection from the improvements in fact actually provided.

For the provision of the Phase 1 Capital Improvement Plan, the special and peculiar benefits are:

the added use of the property,
added enjoyment of the property, and
the probability of increased marketability and value of the property.

These special and peculiar benefits are real and ascertainable, but are not yet capable of being calculated as to value with mathematical certainty. However, each is more valuable than either the cost of, or the actual non-ad valorem special assessment levied for the improvement or the debt as allocated.

Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments

A reasonable estimate of the proportion of special and peculiar benefits received from the public improvements described in the Engineer's Report is delineated in Table 5 (expressed as Allocation of Par Debt per Product Type). This is also shown on Table 7 depicting Allocation of Par Debt per Product Type.

The determination has been made that the duty to pay the non-ad valorem special assessments is fairly and reasonably apportioned because the special and peculiar benefits to the property derived from the acquisition and/ or construction of the Phase 1 Capital Improvement Plan have been apportioned to the property within Phase 1 of the District according to reasonable estimates of the special and peculiar benefits provided consistent with the land use categories.
Accordingly, no acre or parcel of property within the boundaries of Phase 1 of the District will have a lien for the payment of any non-ad valorem special assessment more than the determined special benefit peculiar to that property and therefore, the debt allocation will not be increased more than the debt allocation set forth in this Assessment Report.

In accordance with the benefit allocation suggested for the product types in Table 4, a total debt per unit and an annual assessment per unit have been calculated for each product type (Table 6). These amounts represent the preliminary anticipated per unit debt allocation assuming all anticipated units are built and sold as planned, and the entire proposed Phase 1 Capital Improvement Plan is constructed.

.0	True Up Mechanism

Although the District does not process plats, declaration of condominiums, site plans or revisions thereto for the developer, it does have an important role to play during the course of platting and site planning. Whenever a plat, declaration of condominium or site plan is processed, the District must allocate a portion of its debt to the property according to this Assessment Report outlined herein. In addition, the District must also prevent any buildup of debt on Unassigned Properties. Otherwise, the land could be fully conveyed and/ or platted without all of the debt being allocated. To preclude this, when platting for 25%, 50%, 75% and 100% of the units planned for platting has occurred within the District, the District will determine the amount of anticipated assessment revenue that remains on the Unassigned Properties, taking into account the full development plan of the District. If the total anticipated assessment revenue to be generated from the Assigned and Unassigned Properties is greater than or equal to the maximum annual debt service then no debt reduction or true-up payment is required. In the case that the revenue generated is less then the required amount then a debt reduction or true-up payment by the landowner in the amount necessary to reduce the par amount of the outstanding bonds plus accrued interest to a level that will be supported by the new net ammal debt service assessments will be required.

If a true-up payment is made less than 45 days prior to an interest payment date, the amount of accrued interest will be calculated to the next succeeding interest payment date.

4.0	Assessment Roll

The District will initially distribute the liens across the property within Phase 1 of the District boundaries on a gross acreage basis. As Assigned Properties becomes known with certainty, the District will refine its allocation of debt from a per acre basis to a per unit basis as shown in Table 6. If the land use plan changes, then the District will update Table 6 to reflect the changes as part of the foregoing true-up process. As a result, the assessment liens are neither fixed nor are they determinable with certainty
on any acre of land in the Phase 1 Assessment Area of the District prior to the time final Assigned Properties become known. The current assessment roll is attached as Table 7.

	Total Assessible					
	Land Use		Units	ERUs per Unit (1)	Total ERUs	
	
Single Family- 40'		
73	
0.80	
58	
	Single Family- 50'		118	1.00	118	
	Total Units		191		176	

(1) Benefit is allocated on an ERU basis; based on density of planned development, with Single Family 50' = 1 ERU

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Capital Improvement Plan ("CIP") (1)	Cost Estimate

Offsite Improvements	$	650,000	
Stormwater Management	$	1,350,000	
Utilities (Water, Sewer, & Street Lighting)	$	1,320,000	
Roadway	$	790,000	
Entry Feature	$	310,000	
Parks and Recreation	$	450,000	
Contingencies	$	210,000	

	$	5,080,000 

(1) A detailed description of these improvements is provided in the Engineer's Report dated May 14, 2020.

Prepared by: Governmental Management Services - Central Florida, LLC

Description Construction Funds Debt Service Reserve Capitalized Interest Underwriters Discount Cost of Issuance
Issue Discount

Par Amount*
Total
$	3,201,390
$	220,403
$	88,446
$	76,600
$	208,792
$	34,368

$	3,830,000

Bond Assumptions:

* Par amount is subject to change based on the actual terms at the sale of the bonds

Prepared by: Governmental Management Services - Central Florida, LLC

% of Total		Total Improvements	Improvement Costs Land Use	No. of Units *	ERU Factor Total ERUs	ERUs	 Costs Per Product Type 		Per Unit

	Single Family- 40'	73	0.8	58	33.11%	$	1,681,814	$	23,039	
	Single Family - 50'	118	1.00	118	66.89%	$	3,398,186	$	28,798	
	Totals	191		176	100.00%	$	5,080,000		
* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Land Use	No. of Units*	Total Improvements
Costs Per Product Type	Allocation of Par
Debt Per Product Type	

Par Debt Per Unit		

Single Family - 40'	
73	
$	1,681,814	

$	1,267,982	
$	17,370	
Single Family- 50'	118	$	3,398,186	$	2,562,018	$	21,712	

Totals	191	$	5,080,000	$	3,830,000

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

	Net Annual	Gross Annual					
Allocation of Par		Maximum	Debt	Debt			
Debt Per Product	Total Par Debt Per	Annual Debt	Assessment	Assessment			
Land Use	No. of Units*		Type	Unit	Service	Per Unit	Per Unit (1) 							
Single Family - 40'	73	$	1,267,982	$	17,370	$	72,968	$	1,000	$	1,075	
Single Family - 50'	118	$	2,562,018	$	21,712	$	147,435	$	1,249	$	1,343	

Totals	191	$	3,830,000	$	220,403

(1) This amount includes estimated collection fees and early payment discounts when collected on the Polk County Tax Bill

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

	Total Par Debt		Net Annual Debt	Gross Annual			

Owner	
Property ID #'s*	Acres	Allocation Per
Acre	Total Par Debt
Allocated	Assessment
Allocation	Debt Assessment
Allocation (1)		

Ernie Caldwell Properties LLC	See attached legal	50.10	$	76,447	$	3,830,000	$	220,403	$	236,993

Totals	50.10	$	3,830,000	$	220,403	$	236,993

(1) This amount includes an estimated 7% to cover collection fees and early payment discounts when collected utilizing the uniform method.

* - See Metes and Bounds, attached as Exhibit A

Prepared by: Governmental Management Services - Central Florida, LLC
SKETCH OF DESCRIPTION ASTONIA PHASE 1
OF ERNIE CALDWELL PROPERTIES, LLC, SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST
POLK  COUNTY,  FLORIDA

LEGAL DESCRIPTION
(SUBJECT PARCEL)

A PARCEL OF LAND LYING IN THE NORTHWEST 1/4  OF SECTION 22,  TOWNSHIP 26  SOUTH, RANGE 27 EAST IN POLK COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCE AT THE NORTHWEST CORNER OF THE NORTHWEST 1/4 OF SAID SECTION 22; THENCE WITH THE NORTH LINE OF THE NORTHWEST 1/4  OF THE NORTHWEST 1/4  OF SAID SECTION 22, N89"40'16"E, A DISTANCE OF 1316.79 FEET TO THE WEST LINE OF THE EAST 1/2 OF THE NORTHWEST 1/4 OF SAID SECTION 22, AND TO THE NORTHWEST CORNER OF THE LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 11083, PAGE 516, OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, PARCEL IDENTIFICATION NUMBER 27-26-22-000000-031050, SAID POINT ALSO BEING THE POINT OF BEGINNING;

THENCE WITH THE NORTH BOUNDARY LINE OF SAID LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 11083, PAGE 516, PARCEL IDENTIFICATION NUMBER 27-26-22-000000-03105, N89'38'14"E, A DISTANCE OF 708.93 FEET TO THE NORTHEAST CORNER OF SAID LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 11083, PAGE 516, PARCEL IDENTIFICATION NUMBER 27-26-22-000000-03105; THENCE WITH THE EASTERLY BOUNDARY LINE OF SAID LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 11083, PAGE 516, PARCEL IDENTIFICATION NUMBER 27-26-22-000000-03105 THE FOLLOWING EIGHT
(B) COURSES: 1) S02'00' 48"E, A DISTANCE OF 31.96 FEET; 2) SOUTHEASTERLY WITH THE ARC OF A CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 13B5.00 FEET, A CENTRAL ANGLE OF 28'43'45" AND A CHORD BEARING AND DISTANCE OF S16'22'40"E, 687.21 FEET) FOR AN ARC DISTANCE OF
694.46 FEET TO A POINT OF NON-TANGENCY; 3) N57'11 '19"E, A DISTANCE OF 285.23 FEET TO THE WESTERLY RIGHT-OF-WAY OF ERNIE CALDWELL BOULEVARD (VARIABLE-WIDTH RIGHT OF WAY, PER O.R. 9308, PG. 2093 & O.R. 7777, PG. 1349) OF THE PUBLIC  RECORDS  OF POLK  COUNTY,  FLORIDA;  4) WITH THE WESTERLY RIGHT-OF-WAY OF SAID ERNIE CALDWELL BOULEVARD, SOUTHEASTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 1100.00 FEET, A CENTRAL ANGLE OF 05" 12'38" AND A CHORD BEARING AND DISTANCE OF S32'48'41 "E, 100.00 FEET) FOR AN ARC DISTANCE OF 100.03 FEET TO A POINT OF NON-TANGENCY; 5) LEAVING THE WESTERLY RIGHT-OF-WAY OF SAID ERNIE CALDWELL BOULEVARD, S57'11'19"W, A DISTANCE OF 285.23 FEET; 6) SOUTHEASTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 1385.00 FEET, A CENTRAL ANGLE OF 21'30'05" AND A CHORD BEARING AND DISTANCE OF S45'37'51"E, 516.70 FEET) FOR AN ARC DISTANCE OF 519.75 FEET TO A POINT OF NON-TANGENCY; 7) WITH THE EAST LINE WITH THE NORTHWEST 1/4  OF SAID SECTION 22, S00"34'03"E, A DISTANCE OF 1121.69  FEET;  8)  S00'34'03"E,  A  DISTANCE  OF  4.93  FEET  TO  THE  NORTHERLY  MAINTAINED RIGHT-OF-WAY LINE OF LITTLE ZION ROAD (VARIABLE-WIDTH MAINTAINED RIGHT OF WAY, PER M.B. 13, PG. 71, POLK COUNTY MAINTAINED RIGHT-OF-WAY MAP); THENCE WITH THE NORTHERLY MAINTAINED RIGHT-OF-WAY  LINE  OF  SAID  LITTLE  ZION  ROAD  THE  FOLLOWING  TWENTY-THREE  COURSES:  1)
N86'53'43"W,	A	DISTANCE	OF	12.69	FEET;	2)	N87'23'02"W,	A	DISTANCE	OF	65.40	FEET;	3)	
S87'44'53"W,	A	DISTANCE	OF	34.73	FEET;	4)	sa2·19'26"W,	A	DISTANCE	OF	41.07	FEET;	5)	
S73' 10'25"W,	A	DISTANCE	OF	16.81	FEET;	6)	S70'46'24"W,	A	DISTANCE	OF	24.09	FEET;	7)	
S70'28'57"W,	A	DISTANCE	OF	16.64	FEET;	8)	S61"58'48"W,	A	DISTANCE	OF	36.62	FEET;	9)	
S57'16'53"W,	A	DISTANCE	OF	63.50	FEET;	10)	S46'20'51"W,	A	DISTANCE	OF	35.85	FEET;	11)	
S35"40'32"W,	A	DISTANCE	OF	14.37	FEET;	12)	S35"36'06"W,	A	DISTANCE	OF	15.07	FEET;	13)	
S29"16'16"W,	A	DISTANCE	OF	33.67	FEET;	14)	s2a·o2•33"w.	A	DISTANCE	OF	100.08	FEET;	15)	
S29'35'32"W,	A	DISTANCE	OF	41.20	FEET;	16)	S37'51'45"W,	A	DISTANCE	OF	60.25	FEET;	17)			
S48'18'53"W,	A	DISTANCE	OF	16.90	FEET;	18)	S56'17'21"W,	A	DISTANCE	OF	18.08	FEET;	19)			
S62'22'59"W, A DISTANCE OF  10.29 FEET; 20)  S89'37'17"W,  A DISTANCE OF 165.14 FEET;

NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER.
(LEGAL DESCRIPTION CONTINUES ON SHEET 2 OF 7) (LINE -  CURVE TABLE, SURVEYORS NOTES
AND LEGEND ON SHEETS 6 AND 7)

I EA/ DING	EDGE
SKETCH OF DESCRIPTION	DATE OF DRAWING: 26 AUG 2020
?OR	MANAGER: JDH	I CADD: TQ E?C-?,D'!!LL PROPERTIES, LLC
LAND SERVICES	S?RVEYOR'S CERTIFICATION	PROJECT NUMBER:  975-20009	
N C O R p O R A T E D	I, THE  UNDER5-IGNED  FLORIDA LICENSED SURVEYOR AND  FIELD BOOK NUMBER:  N/A
MAPPER, DO HE:REBY ·CERTIFY THAT I HAVE COMPLETED 0	a
8802  EXCHANGE  DRIVE	THI	SKETCH	!H ' • ACiCORDANC[	WITH	FLORIDA LAST FIELD WORK: N/A
ORLANDO FLORIDA .32809	I ISTAA"'i'IVE  RULE . ?J-17 STANC:,ARDS  OF  PRACTICE 0	a
PHONE: (407) .351-67.30	OR  PROF,"E..:S!O??E'<ORS  A?D  MAP1_EcRS_-	CREW CHIEF(S):
/	??:wwJ.t!'c?Jin!;J9e?!.;?m  -L7 ()	.:++./	'\	DAiE:  /)8/Z7/Zo2c)	COMPUTER FILE: 975009PH1SD.DWG
?'J':'.·  HOFIUS	. /
FLORIDA LICENSED BUSINESS NUMBER LB 6846 1 R'ROFES!:>""\ONAL SURVEYOI'{ AND MAPPER NUMBER 6610	SCALE: 1• = 200'	SHEET 1 OF
l/	18
SKETCH OF DESCRIPTION ASTONIA PHASE 1
OF ERNIE CALDWELL PROPERTIES, LLC, SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST
POLK COUNTY, FLORIDA					
{CONTINUED FROM SHEET 1 OF 7)
LEGAL DESCRIPTION
(SUBJECT PARCEL)
21)	S00"24'07"E, A DISTANCE OF 17.27 FEET; 22)	S89"49'44"W,  A  DISTANCE  OF  51.17  FEET; 23) S89°15'22"W, A DISTANCE OF 66.91 FEET; THENCE LEAVING THE NORTHERLY MAINTAINED RIGHT-OF-WAY LINE OF SAID LITTLE  ZION  ROAD,  Noo·o9•33"w,  A DISTANCE  OF  30.86  FEET; THENCE  S89"50'27"W.  A DISTANCE OF 65.00 FEET; THENCE N00°09'33"W. A DISTANCE OF 811.79 FEET; THENCE NORTHWESTERLY WITH THE ARC OF A CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 620.00 FEET, A CENTRAL ANGLE OF 32"39'07" AND A CHORD BEARING AND DISTANCE OF N16°29'07"W, 348.57 FEET) FOR AN ARC DISTANCE OF 353.33 FEET TO A POINT OF TANGENCY; THENCE N32"48'41 "W, A DISTANCE OF 290.85 FEET; THENCE  N57"11'19"E,  A DISTANCE  OF  42.02 FEET; THENCE  N32"48'41"W,  A DISTANCE OF 50.00 FEET; THENCE S57°11 '19"W, A DISTANCE OF 322.02 FEET; THENCE N32"48'41 "W, A DISTANCE OF 301.90 FEET; THENCE S84"02'35"E,  A DISTANCE OF  48.65 FEET; THENCE S75"56'59"E, A DISTANCE  OF 181.51 FEET; THENCE  N60"44'45"E,  A  DISTANCE  OF 53.95  FEET; THENCE  N32°45'20"E,  A DISTANCE  OF 71.17 FEET; THENCE  N03"39'25"E,  A DISTANCE  OF  67.11  FEET; THENCE N28°10'46"W,  A DISTANCE OF 57.39 FEET; THENCE N45°12'14"W, A DISTANCE OF 106.56 FEET; THENCE N18"15'18"W, A DISTANCE OF 66.03 FEET; THENCE Noo·oo·oo"w, A DISTANCE  OF 52.65 FEET; THENCE N67"35'56"E, A DISTANCE  OF 54.14 FEET; THENCE NORTHEASTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE RIGHT (SAID CURVE HAVING A RADIUS OF 75.00 FEET, A CENTRAL ANGLE OF 67"30'00" AND A CHORD BEARING AND DISTANCE OF N23°26' 19"E, 83.34 FEET) FOR AN ARC DISTANCE OF 88.36 FEET TO A POINT OF TANGENCY; THENCE N57" 11 '19"E, A DISTANCE OF  142.00 FEET; THENCE N32°48'53"W, A DISTANCE OF 20.03 FEET; THENCE WITH THE ARC OF A CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 39.00 FEET, A CENTRAL ANGLE OF 20"21 '45" AND A CHORD BEARING AND DISTANCE OF N42°59'33''W, 13.79 FEET) FOR AN ARC DISTANCE OF 13.86 FEET TO A POINT OF TANGENCY; THENCE N5Y10'25"W, A DISTANCE OF 96.46 FEET; THENCE S55"30'29"W, A DISTANCE OF 126.13 FEET TO THE WEST LINE OF THE EAST 1/2	 OF THE NORTHWEST	1/4		OF SAID SECTION	22;		THENCE WITH THE WEST LINE OF THE EAST 1/2	OF THE NORTHWEST 1/4	OF SAID SECTION 22,	N00"20'51 "W, A DISTANCE OF 529.36 FEET TO THE POINT OF BEGINNING.
LESS AND EXCEPT
A PARCEL OF LAND LYING IN THE  NORTHWEST  1 / 4  OF  SECTION  22,  TOWNSHIP  26  SOUTH, RANGE 27 EAST IN POLK COUNTY, FLORIDA. BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCE AT THE NORTHWEST CORNER OF THE NORTHWEST 1/4  OF SAID SECTION 22; THENCE WITH THE NORTH LINE OF THE NORTHWEST 1/4  OF THE NORTHWEST 1/4  OF SAID SECTION 22,  N89°40'16"E, A DISTANCE OF 1316.79 FEET TO THE WEST LINE OF THE EAST 1 /2 OF THE NORTHWEST 1 / 4 OF SAID SECTION 22, AND TO THE NORTHWEST CORNER OF THE LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 11083, PAGE 516, OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, PARCEL IDENTIFICATION NUMBER
27-26-22-000000-031050; THENCE LEAVING THE NORTHWEST CORNER OF THE LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 11083, PAGE 516, WITH THE WEST LINE OF THE EAST 1/2  OF THE NORTHWEST 1/4  OF SAID SECTION 22,  soo·20•51 "E, A DISTANCE OF 529.36 FEET, THENCE LEAVING WEST LINE OF THE EAST 1 /2 OF THE NORTHWEST 1 / 4 OF SAID SECTION 22, N55"30'29"E, A DISTANCE OF 1 26. 13 FEET; THENCE S5Y 10'25"E, A DISTANCE OF 96.46 FEET; THENCE WITH THE ARC OF A CURVE TO THE RIGHT (SAID CURVE HAVING A RADIUS OF 39.00 FEET, A CENTRAL ANGLE OF 20"21 '45" AND A CHORD BEARING AND DISTANCE OF S42°59'33"E, 13.79 FEET) FOR AN ARC DISTANCE OF 13.86 FEET TO A POINT OF TANGENCY;  THENCE  S32°48'53"E,  A  DISTANCE  OF  20.03  FEET; THENCE  S57" 11·19"W,  A  DISTANCE  OF
52.00 FEET; THENCE S32"48'41 "E, A DISTANCE OF 50.00 FEET TO THE POINT OF BEGINNING;
THENCE S32"48'41"E, A DISTANCE OF 365.00 FEET; THENCE S57"11'19''W, A DISTANCE OF 115.00 FEET; THENCE N32°48'41"W, A DISTANCE OF 340.00 FEET; THENCE NORTHEASTERLY WITH THE ARC OF A CURVE TO THE RIGHT (SAID CURVE HAVING A RADIUS OF 25.00 FEET, A CENTRAL ANGLE OF 90"00'00" AND A CHORD BEARING AND DISTANCE OF N12"11'19"E, 35.36 FEET) FOR AN ARC DISTANCE OF 39.27 FEET TO A POINT OF TANGENCY; THENCE N57" 11 '19"E, A DISTANCE OF 90.00 FEET TO THE POINT OF BEGINNING.
CONTAINING 50.107 ACRES (2182673 SQUARE FEET) OF LAND, MORE OR LESS.

NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED	(LINE - CURVE TABLE, SURVEYORS NOTES SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER.		AND LEGEND ON SHEETS 6 AND 7)
(SEE SHEET 1  OF 7)					

I E,fuING  EDGE	.,
LAND SERVICES
V NCORPORATED
8802 EXCHANGE DRIVE
ORLANDO, FLORIDA 32809
PHONE: (407) 351-6730
FAX:	(407)  351-9691
WEB:www.leodingedgels.com
FLORIDA LICENSED BUSINESS NUMBER LB 6846		SKETCH OF DESCRIPTION		DATE OF DRAWING: 26 AUG 2020	

_	FOR
ERNIE CALDWELL PROPERTIES, LLC	

.P		
				MANAGER JDH	CAOD TQ ROJECT NUMBER:  975-20009	
				FIELD BOOK NUMBER: N/A	
		THIS IS NOT A SURVEY		LAST FIELD WORK: N/A	
				CREW CHIEF(S):	
					
				COMPUTER FILE: 975009PH1SD.DWG
 
SCALE: 1" = 200'  I SHEET 2 OF 7	
SKETCH OF DESCRIPTION ASTONIA PHASE 1
OF ERNIE CALDWELL PROPERTIES, LLC, SECTION 22,  TOWNSHIP 26  SOUTH, RANGE 27
POLK COUNTY, FLORIDA	

EAST				
LANDS OF	LANDS OF
NORTH LINE-	NW 1/4 -	NW 1/4 -	POLKCOUNTY	ERN1ECALDWBLLPROPBRT1BS,LLC
SECTION 22,  T26S, R27E	8	661
..:::::.=--N8?0'16"E  1316.79' -  (?IS.::..F BEARINGS)  f\.,_o_.R_._9_75, PG.	_.....;.=-..,	o_._R_._1_10_8_3_,P_a_.5_1_6	,.
'J	N89°38'14"E 708.93'
LANDSOF
P.0.C.	WUSF 3 RIDGEWOOD LAKES, LLC	P.0.B.
?NW5?CrO?RNER -	NW 1/4	WALTON ACQUISITIONS FL, LLC	SUBJECT PARCEL
??6??s, R27E	0.R. 8944, PG. 657	l&I
ANO LESS OUT AREA	O.R. 9021, PO. 661	z
LANDS OF	SUBJECT PARCEL	.J
POLKCOUNTY	ASTONIA PHASE 1	:i::
O.R. 7773, PG. 2162	(50.1 07  ACRES)	u
I-
ERNIE CALDWELL	<
PROPERTIES, LLC	2
PARCEL#
0	200	400	27-26-22-000000-031050
O.R. 11083, PG. 516
GRAPHIC SCALE 1"	200'

L40

LANDS OF
ERNIE CALDWELL	l&I
PROPERTlBS, LLC	z
O.R. 11083, PG. 516
.J
:i::
(.)
I-
(LINE -  CURVE TABLE, SURVEYORS NOTES	<
AND LEGEND ON SHEETS 6 AND 7)	2

THIS SKETCH IS INCOMPLETE UNLESS ACCOMPANIED BY A LEGAL DESCRIPTION OF THE PROPERTY DEPICTED HEREON
NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED	?=-J_·
SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER.
(SEE SHEET 1 OF 7)	MATCH LINE					
IEADING	EDGE	1-
LAND SERVICES
NCORPORATED
8802 EXCHANGE DRIVE
ORLANDO, FLORIDA 32809
PHONE: (407) 351-6730
FAX:	(407)  351-9691
WEB:www.leadingedgels.com
FLORIDA LICENSED BUSINESS NUMBER LB 6846	SKETCH OF LEGAL DESCRIPTION	DATE OF DRAWING: 26 AUG 2020			
	FOR
---E-RN-IE-CA-L-DW-EL-L-PR-O-PE-RT-IES-, L-L-C ---t				
		MANAGER: JDH	CADD: TQ			
		PROJECT NUMBER: 975-20009			
		FIELD BOOK NUMBER:  N/A			
	THIS IS NOT A SURVEY	LAST FIELD WORK: N/A			
		CREW CHIEF(S):			
					
		COMPUTER FILE: 975009PH1SO.DWG			
		SCALE: 1" = 200'	SHEET 3 OF 7			
SKETCH OF DESCRIPTION ASTONIA PHASE 1
OF ERNIE CALDWELL PROPERTIES, LLC, SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST
POLK COUNTY,
LANDS OF
ERNIE CALDWELL PROPERTIES, LLC
O.R. 11083, PG. 516
L1
FLORIDA

(LINE -  CURVE TABLE, SURVEYORS NOTES
iii

N89°38'14"E
AND LEGEND ON SHEETS 6 AND 7)
708.93'	0
I
200
400
1;
..J

1-
,c
::II!

NT

NT
GRAPHIC SCALE 1"	200'

l&J
z
..J
:i::
u
1-
,c
::II!

I')  •
SUBJECT PARCEL ASTONIA PHASE 1
(50.107  ACRES)
ERNIE CALDWELL PROPERTIES, LLC PARCEL#
27-26-22-000000-031050
O.R. 11083, PG. 516

LANDS OF STANDARD SAND & SILICA COMPANY
O.R. 3279, PG. 1913

l---=

MATCHLINE
EAST LINE - NW 1/4 - SECTION 22, T25S, R27E

	SHEET 4	

SHEET 5
NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED
SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER. (SEE SHEET 1 OF 7)
SKETCH OF LEGAL DESCRIPTION
FOR

DATE OF DRAWING: 26 AUG 2020
I EADING	EDGE LAND SERVICES
INCORPORATED
8802 EXCHANGE DRIVE
ORLANDO, FLORIDA 32809
PHONE: (407) 351-6730
FAX:	(407) 351-9691
WEB:www.leodingedgels.com
FLORIDA LICENSED BUSINESS NUMBER LB 6845
ERNIE CALDWELL PROPERTIES..,;.LLC

THIS IS NOT A SURVEY
MANAGER: JOH	CADD: TQ
PRO.JECT NUMBER: 975-20009

FIELD BOOK NUMBER: N/A LAST FIELD WORK: N/A CREW CHIEF(S):
COMPUTER FILE: 975009PH1SD.DWG
SCALE: 1" = 200'	SHEET 4 OF 7
SKETCH OF DESCRIPTION ASTONIA PHASE 1
OF ERNIE CALDWELL PROPERTIES, LLC, SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST
POLK COUNTY, FLORIDA

MATCHLINE

0	200	400

GRAPHIC SCALE 1"	= 200'

(LINE - CURVE TABLE, SURVEYORS NOTES AND LEGEND ON SHEETS 6 AND 7)

LANDS OF PRISCILLA A. POHL O.R.3322,PG. 1556

LANDS OF
DALE STUTESMAN
O.R. 9263, PG. 1933

LANDS OF BVRNELLO. STUTESMAN EST
O.R. 2878, PG. 1537

PC	SUBJECT PARCEL
ASTONIA PHASE 1
(50.107  ACRES)
ERNIE CALDWELL PROPERTIES, LLC PARCEL#
27-26-22-000000-032010
O.R. 11075, PG. 1763
LANDS OF
ALICE D. CATES
O.R. 7677, PG. 1132
?	LANDS OF
ALICE D. CATES
O.R. 7609, PG. 1369

LANDS OF
ALICED. CATES
O.R. 7709, PG. 1360

LANDS OF
ALICE D. CAT.ES
O.R. 8320, PG. 1387
L2

L24 L27

L19
L20
L21

LANDS OF BRN1B CALDWELL PROPERTIES, LLC
O.R. 11075, PG. 1763

 L23	
LANDS OF ERNIE CALDWELL PROPERTIES, LLC
O.R. 11054, PG. 340

LITTLE ZION ROAD
VARIABLE-WIDTH MAINTAINED RIGHT OF WAY
PER  M.B. 13,  PG. 71

NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED
SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER. (SEE SHEET 1 OF 7)
SKETCH OF LEGAL DESCRIPTION
FOR

DATE OF DRAWING: 26 AUG 2020
I EADING	EDGE
ERNIE CALDWELL PROPERTIES, LLC
MANAGER: JDH	CADD: TQ
LAND SERVICES
INCORPORATED
.,_ 	 PROJECT NUMBER:  975-20009

FJELD BOOK NUMBER: N/A
8802 EXCHANGE DRIVE
ORLANDO, FLORIDA 32809
PHONE: (407) 351-6730
FAX:	(407)  351-9691
WEB:www.leadingedgels.com
FLORIDA LICENSED BUSINESS NUMBER LB 6846
THIS IS NOT A SURVEY
LAST FJELD WORK: N/A CREW CHIEF(S):
COMPUTER FJLE: 975009PH1SD.DWG SCALE: 1" = 200'	SHEET 5 OF 7
SKETCH OF DESCRIPTION ASTONIA PHASE 1
OF ERNIE CALDWELL PROPERTIES, LLC, SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST
POLK COUNTY, FLORIDA

CURVE TABLE (SUBJECT PARCEL)
CURVE	RADIUS	CENTRAL ANGLE	CHORD BEARING	CHORD LENGTH	ARC  LENGTH	
C1	1385.00	2a·43 45 ..	S16"22 40..E	687.21	694.46	
C2	1100.00	5·12 38"	S32"48 41 "E	100.00	100.03	
C3	1385.00	21·30 05'"	S45"37 51 "E	516.70	519.75	
C4	620.00	32·39 07"	N16"29 07"W	348.57	353.33	
C5	75.00	6T30 oo··	N23'26 19..E	83.34	88.36	
C6	39.00	20·21 45··	N42·59 33"W	13.79	13.86"	

LINE TABLE		LINE TABLE (SUBJECT PARCEL)	(SUBJECT PARCEL)
LINE L1 L2
BEARING s02·00 48"E s00·34 03"'E
DISTANCE 31.96
4.93
LINE L34 L35
BEARING N32'45 20 E
N03"39 25 E
DISTANCE 71.17
67.11
L3 N86.53 43"W L4 N8T23 02"W L5 S87"44 53'W L6 S82"19 26'W
12.69
65.40
34.73
41.07
L36 N28'10 46 W L37 N45"12 14"W L38 N18'15 18'W
L39 NOO'OO oo·w
57.39
106.56
66.03
52.65
L7  573·10 25"W
16.81
L40 N67.35 56"E
54.14
LS S70"46 24'W
L9  s70·2s 57 w
24.09
16.64
L41 N5T11 19"E L42 N32"48 53·w
142.00
20.03
L10 ss1·58 48"W
36.62
L43 N53"1o 25·w
96.46
L11 S57"16 53 W L12 S46"20 51'W L13 535·40 32 W
63.50
35.85
14.37
L44
S55'30 29·w
126.13
L14 L15 L16
S35'36 06'W
s29·16 16 w
S28'02 33'W
15.07
33.67
100.08'
L17 S29'35 32"W L18 S37"51 45'W
L19 S48.18 53  w
L20 S56.17 21·w L21 S62"22 59'W L22 s89·37 1
41.20
60.25
16.90
18.08
10.29·
165.14
L23 L24 L25
s00·24 07'"E
s89·49 44•w s89·15 22·w
17.27"
51.17
66.91
(LINE - CURVE TABLE, SURVEYORS NOTES AND LEGEND ON SHEET 7 OF 7)
L26 Noo·og·33·w	30.86
L27 ss9·50 2rw 65.00
L28 N32.48 41 'W	290.85
L29 N5T1119'"E	42.02
L30 N32"48'41 'W	50.00
L31 S84'02 35"E	48.65'
L32 575·55 59 E 181.51 L33 N60·44 45"E	53.95

THIS SKETCH IS INCOMPLETE UNLESS ACCOMPANIED BY A LEGAL DESCRIPTION OF THE
NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED
SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER. (SEE SHEET
1 OF 7)	PROPERTY DEPICTED HEREON
SKETCH OF LEGAL DESCRIPTION

DATE OF DRAWING: 26 AUG 2020
E/oING  EDGE
f"OR
ERNIE CALDWELL PROPERTIES, LLC
MANAGER: JOH
I CADD: TQ
LAND  SERVICES
PROJECT NUMBER: 975-20009
?	 NCORPORATED
FIELD BOOK NUMBER: N/A
8802 EXCHANGE DRIVE
ORLANDO, FLORIDA 32809
PHONE: (407) 351-6730
FAX:	(407'J 351-9691
WEB:www.lea ingedgels.com
FLORIDA LICENSED BUSINESS NUMBER LB 6846
THIS IS NOT A SURVEY
LAST FIELD WORK: N/A CREW CHIEF{S):
COMPUTER FILE: 975009PH1SD.DWG SCALE: 1• = 200' I SHEET 6 OF 7
SKETCH OF DESCRIPTION ASTONIA PHASE 1
OF ERNIE CALDWELL PROPERTIES, LLC, SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST
POLK COUNTY, FLORIDA			

CURVE TABLE (LESS OUT AREA)
CURVE IRADIUS ICENTRAL ANGLE ICHORD BEARING ICHORD LENGTH IARC LENGTH I C7 	125.00  I	90"0000"	I  N12"11 19"E	I	35.36	I	39.27'	I

LINE TABLE			LEGEND (LESS OUT AREA)	P.O.C.	POINT OF COMMENCEMENT
LINE	BEARING	DISTANCE	P.O.B.	POINT OF BEGINNING
L45 S57" 11 19"W	52.00'
L46 S32"48'41 "E	50.00'	0.R.	OFFICIAL RECORDS BOOK
L47 S57"11 19"W  115.00	PG.	PAGE
L48 N57" 11 19"E	90.00'
L49 N57" 11 19 E	90.00	NGS	NATIONAL GEODETIC SURVEY
NAD	NORTH AMERICAN DATUM
PSM	PROFESSIONAL SURVEYOR & MAPPER LB	LICENSED BUSINESS
THIS SKETCH IS INCOMPLETE	R/W	RIGHT-OF-WAY
UNLESS ACCOMPANIED BY A
LEGAL DESCRIPTION OF THE	T	TOWNSHIP PROPERTY DEPICTED HEREON
R	RANGE
PC	 POINT OF CURVATURE PT	POINT OF TANGENCY NT	 NON-TANGET

SURVEYOR'S NOTES
THE PURPOSE OF THIS SKETCH OF LEGAL DESCRIPTION IS TO PROVIDE A LEGAL DESCRIPTION FOR THE ASTONIA PHASE 1 BOUNDARY.
THE  BASIS OF  BEARINGS  FOR  THIS  SKETCH  IS  THE  NORTH  LINE  -	NW 1/4	-	NW 1/4	-	SECTION
22, T26S, R27E, WHICH BEARS N89"4O'16"E.
THE PROPERTY DEPICTED ON THIS SKETCH IS SUBJECT TO ALL EASEMENTS	AND	RESTRICTIONS	OF RECORD.
THIS LEGAL DESCRIPTION IS INCOMPLETE UNLESS ACCOMPANIED BY A SKETCH OF THE PROPERTY DESCRIBED HEREIN.

NOT VALID WITHOUT THE SIGNATURE AND THE ORIGINAL RAISED
SEAL OF A FLORIDA LICENSED SURVEYOR AND MAPPER. (SEE SHEET 1 OF 7)			
I  I	EDGE	.,
EADING
LAND SERVICES
V NCORPORATED
8802 EXCHANGE DRIVE
ORLANDO, FLORIDA 32809
PHONE: (407) 351-6730
FAX:	(407)  351-9691
WEB:www.leadingedgels.com
FLORIDA LICENSED BUSINESS NUMBER LB 6846	SKETCH OF LEGAL DESCRIPTION
FOR
_.	ERNIE CALDWELL PROPERTIES, LLC	-
 		DATE OF DRAWING: 26 AUG 2020	
		MANAGER JOH	CADD TQ
tPROJECT NUMBER: 975-20009	
		FIELD BOOK NUMBER: N/A	
	THIS IS NOT A SURVEY	LAST FIELD WORK: N/A	
		CREW CHIEF(S):	
		COMPUTER FILE: 975009PH1SO.DWG
SCALE: 1•  = 200'  ISHEET 7 OF 7	

LINE
s 57°11'19"w N 32°48'41"w s 84°02'35" E
s 75°56'59" E	322.0204
301.9026
48.6452
181.5135	LINE LINE LINE
LINE		
N	60°44'45" E	53.9471	LINE	
N	32°45'20" E	71.1667	LINE	
N
N
N
N N	03°39'25" E
28°10'46"w
45°12'14"w
18°15'18"w
00°00'00"w	67.1140
57.3899
106.5587
66.0259
52.6464	LINE LINE LINE LINE
LINE	
N	67°35'56" E	54.1444	LINE	
N	23°26'19" E	83.34 CURVE	R 75.0000 88.36 67°30'00"	
Rad-In: N 79°41'19" E Rad-Out:	S 48°20'21" E			
N N N

N
s
N	57°11'19" E
32°48'53"w
42°59'33"w
53°10'25"w
55°30'29"w
00°20'51"w	142.0012
20.0289
13.7874
96.4572
126.1321
529.3588	LINE LINE
CURVE L 39.0000 13.8602 20°21'45" 7.0040
Rad-In: s 57°11'19"w	Rad-Out: S 36°49'35" w
LINE LINE
LINE	

Ending Coordinates: Northing 1411375.6319, Easting 784042.2674
Area: 2224513.11 S.F., 51.0678 Acres
Total Perimeter Distance> 8753.1582
Closure Error Distance> 0.0001 Error Bearing> N 75°35'55" W Closure Precision> 1 in 91156501.5

LINE

Ending Coordinates: Northing 1410762.7761, Easting 784230.2924
Area: 41840.87 S.F., 0.9605 Acres
Total Perimeter Distance> 949.2699
Closure Error Distance> 0.0000 Error Bearing> S 12°11'18" W Closure Precision> 1 in 24303141.7
EXHIBIT C

Engineer’s Certification
ASTONIA COMMUNITY DEVELOPMENT DISTRICT

DISTRICT ENGINEER'S CERTIFICATE OF COMPLETION OF THE ASSESSMENT AREA ONE PROJECT
March 3 o, 2026 Astonia Community Development District
c/o Governmental Management Services - Central Florida, LLC 219 East Livingston Street
Orlando, Florida 32801
Re:	Certification of Completion
Astonia Community Development District
Assessment Area One Bonds - Assessment Area One Project

This certificate is furnished in accordance with Section 5.0l(c) of the Master Trust Indenture dated September 1, 2020 (the "Master Indenture"), between the Astonia Community Development District (the "District") and U.S. Bank National Association (the "Trustee") and is intended to evidence the completion of the Assessment Area One Project, as both terms are defined in the Master Indenture, as supplemented by that certain First Supplemental Trust Indenture dated September 1, 2020 (together with the Master Indenture, the "Indenture"), and as further described in that certain Astonia Community Development District Engineer's Report for Capital Improvements, dated February 3, 2020, as supplemented by that certain Astonia Community Development District Supplemental Engineer's Report for Capital Improvements, dated May 14, 2020, and undertaken by the District. All capitalized terms used herein shall have the meaning ascribed to them in the Indenture.
The Assessment Area One Project has been completed in substantial compliance with the specifications therefore and all labor, services, materials, and supplies used in the Assessment Area One Project have been paid for and acknowledgments of such payments have been obtained from all contractors and suppliers.

All other facilities necessary in connection with the Assessment Area One Project have been constructed, acquired, and installed in accordance with the specifications therefore and all costs and expenses incurred in connection therewith ("Cost") have been paid or adequate provision has been made for such payment by the District.

All plans, permits and specification necessary for the operation and maintenance of the improvements made pursuant to the Assessment Area One Project are complete and on file with the District Engineer or have been transferred to the appropriate governmental entity having charge of such operation and maintenance.
Of the remaining balance of Zero Dollars and Zero Cents ($0.00) in the Assessment Area One Acquisition and Construction Fund within the Acquisition and Construction Fund,
Zero Dollars and Zero Cents ($0.00) in such Assessment Area One Acquisition and Construction Fund is hereby reserved by the Issuer for the payment of the remaining Costs of the Assessment Area One Project.

IV.  The total Cost of the Assessment Area One Project was greater than the amount deposited in the Assessment Area One Acquisition and Construction Fund within the Acquisition and Construction Fund resulting in expenditure of all proceeds from the Assessment Area One Bonds in the Assessment Area One Acquisition and Construction Fund within the Acquisition and Construction Fund.
This Certificate is given without prejudice to any rights against third parties which exist as of the date of this Certificate or which may subsequently come into being.

Dated:  5 /.30 / .;0,1?

By: Bryan Hunter, PE, District Engineer

STATE OF FLO?DA
COUNTY OF  f o\lr
The foregoing instrument was acknowledged before me this So day of /1:14.rl-k
2026, by Bryan Hunter, PE, District Engineer of the Astonia Community Development District, who is personally known to me or who has produced identification, and did [ ] or did not [¢}take the oath.

Notary Pu		c, $1:,_ate ofFl9rida Print Na	: Ha,\-3? 		t e..r?o?  Commission No.: )-\	'3S?t}
My Commission Expires:	1-g?,a,,
EXHIBIT D

Amortization Schedule of the Assessment Area One Bonds
Transaction Name	Debt Service Date	Principal Due	Interest Due	Total Payment	Ending Balance	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2026	80,000.00	68,256.25	148,256.25	3,400,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2026	0.00	66,906.25	66,906.25	3,400,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2027	85,000.00	66,906.25	151,906.25	3,315,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2027	0.00	65,471.88	65,471.88	3,315,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2028	85,000.00	65,471.88	150,471.88	3,230,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2028	0.00	64,037.50	64,037.50	3,230,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2029	90,000.00	64,037.50	154,037.50	3,140,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2029	0.00	62,518.75	62,518.75	3,140,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2030	90,000.00	62,518.75	152,518.75	3,050,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2030	0.00	61,000.00	61,000.00	3,050,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2031	95,000.00	61,000.00	156,000.00	2,955,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2031	0.00	59,100.00	59,100.00	2,955,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2032	100,000.00	59,100.00	159,100.00	2,855,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2032	0.00	57,100.00	57,100.00	2,855,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2033	105,000.00	57,100.00	162,100.00	2,750,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2033	0.00	55,000.00	55,000.00	2,750,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2034	105,000.00	55,000.00	160,000.00	2,645,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2034	0.00	52,900.00	52,900.00	2,645,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2035	110,000.00	52,900.00	162,900.00	2,535,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2035	0.00	50,700.00	50,700.00	2,535,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2036	115,000.00	50,700.00	165,700.00	2,420,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2036	0.00	48,400.00	48,400.00	2,420,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2037	120,000.00	48,400.00	168,400.00	2,300,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2037	0.00	46,000.00	46,000.00	2,300,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2038	125,000.00	46,000.00	171,000.00	2,175,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2038	0.00	43,500.00	43,500.00	2,175,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2039	130,000.00	43,500.00	173,500.00	2,045,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2039	0.00	40,900.00	40,900.00	2,045,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2040	135,000.00	40,900.00	175,900.00	1,910,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2040	0.00	38,200.00	38,200.00	1,910,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2041	140,000.00	38,200.00	178,200.00	1,770,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2041	0.00	35,400.00	35,400.00	1,770,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2042	145,000.00	35,400.00	180,400.00	1,625,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2042	0.00	32,500.00	32,500.00	1,625,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2043	155,000.00	32,500.00	187,500.00	1,470,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2043	0.00	29,400.00	29,400.00	1,470,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2044	160,000.00	29,400.00	189,400.00	1,310,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2044	0.00	26,200.00	26,200.00	1,310,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2045	165,000.00	26,200.00	191,200.00	1,145,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2045	0.00	22,900.00	22,900.00	1,145,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2046	175,000.00	22,900.00	197,900.00	970,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2046	0.00	19,400.00	19,400.00	970,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2047	180,000.00	19,400.00	199,400.00	790,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2047	0.00	15,800.00	15,800.00	790,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2048	185,000.00	15,800.00	200,800.00	605,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2048	0.00	12,100.00	12,100.00	605,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2049	195,000.00	12,100.00	207,100.00	410,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2049	0.00	8,200.00	8,200.00	410,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2050	200,000.00	8,200.00	208,200.00	210,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	11/01/2050	0.00	4,200.00	4,200.00	210,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2020 (Assessment Area One Project)	05/01/2051	210,000.00	4,200.00	214,200.00	0.00	

!!"#$%& "
ASTONIA COMMUNITY DEVELOPMENT DISTRICT

DISTRICT ENGINEER'S CERTIFICATE OF COMPLETION OF THE ASSESSMENT AREA ONE PROJECT
March 3 o, 2026 Astonia Community Development District
c/o Governmental Management Services - Central Florida, LLC 219 East Livingston Street
Orlando, Florida 32801
Re:	Certification of Completion
Astonia Community Development District
Assessment Area One Bonds - Assessment Area One Project

This certificate is furnished in accordance with Section 5.0l(c) of the Master Trust Indenture dated September 1, 2020 (the "Master Indenture"), between the Astonia Community Development District (the "District") and U.S. Bank National Association (the "Trustee") and is intended to evidence the completion of the Assessment Area One Project, as both terms are defined in the Master Indenture, as supplemented by that certain First Supplemental Trust Indenture dated September 1, 2020 (together with the Master Indenture, the "Indenture"), and as further described in that certain Astonia Community Development District Engineer's Report for Capital Improvements, dated February 3, 2020, as supplemented by that certain Astonia Community Development District Supplemental Engineer's Report for Capital Improvements, dated May 14, 2020, and undertaken by the District. All capitalized terms used herein shall have the meaning ascribed to them in the Indenture.
The Assessment Area One Project has been completed in substantial compliance with the specifications therefore and all labor, services, materials, and supplies used in the Assessment Area One Project have been paid for and acknowledgments of such payments have been obtained from all contractors and suppliers.

All other facilities necessary in connection with the Assessment Area One Project have been constructed, acquired, and installed in accordance with the specifications therefore and all costs and expenses incurred in connection therewith ("Cost") have been paid or adequate provision has been made for such payment by the District.

All plans, permits and specification necessary for the operation and maintenance of the improvements made pursuant to the Assessment Area One Project are complete and on file with the District Engineer or have been transferred to the appropriate governmental entity having charge of such operation and maintenance.
Of the remaining balance of Zero Dollars and Zero Cents ($0.00) in the Assessment Area One Acquisition and Construction Fund within the Acquisition and Construction Fund,
Zero Dollars and Zero Cents ($0.00) in such Assessment Area One Acquisition and Construction Fund is hereby reserved by the Issuer for the payment of the remaining Costs of the Assessment Area One Project.

IV.  The total Cost of the Assessment Area One Project was greater than the amount deposited in the Assessment Area One Acquisition and Construction Fund within the Acquisition and Construction Fund resulting in expenditure of all proceeds from the Assessment Area One Bonds in the Assessment Area One Acquisition and Construction Fund within the Acquisition and Construction Fund.
This Certificate is given without prejudice to any rights against third parties which exist as of the date of this Certificate or which may subsequently come into being.

Dated:  5 /.30 / .;0,1?

By: Bryan Hunter, PE, District Engineer

STATE OF FLO?DA
COUNTY OF  f o\lr
The foregoing instrument was acknowledged before me this So day of /1:14.rl-k
2026, by Bryan Hunter, PE, District Engineer of the Astonia Community Development District, who is personally known to me or who has produced identification, and did [ ] or did not [¢}take the oath.

Notary Pu		c, $1:,_ate ofFl9rida Print Na	: Ha,\-3? 		t e..r?o?  Commission No.: )-\	'3S?t}
My Commission Expires:	1-g?,a,,

!!"#$%& 7

This item will be provided under separate cover

!!"#$%& "

This item will be provided under separate cover

!!"#$%& 8
RESOLUTION 2026-10

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ASTONIA COMMUNITY DEVELOPMENT DISTRICT ACCEPTING THE CERTIFICATION OF THE DISTRICT ENGINEER THAT THE NORTH PARCEL ASSESSMENT AREA PROJECT IS COMPLETE; DECLARING THE NORTH PARCEL ASSESSMENT AREA PROJECT COMPLETE; FINALIZING THE SPECIAL ASSESSMENTS SECURING THE DISTRICT’S NORTH PARCEL ASSESSMENT AREA BONDS; PROVIDING FOR A SUPPLEMENT TO THE IMPROVEMENT LIEN BOOK; PROVIDING FOR SEVERABILITY, CONFLICTS, AND AN EFFECTIVE DATE.

WHEREAS, the Astonia Community Development District (“District”) was established by Ordinance No. 2020-002, enacted by the Board of County Commissioners of Polk County, Florida (“County”), effective January 7, 2020, as amended by Ordinance No. 2021-023 and Ordinance No. 2022-047, enacted by the County, effective April 6, 2021 and June 21, 2022, respectively (together, “Ordinance”) for the purpose of providing infrastructure improvements, facilities, and services to the lands within the District as provided in Chapter 190, Florida Statutes; and

WHEREAS, the Board of Supervisors (“Board”) of the District adopted Resolutions 2020-27 and 2021-10 on February 13, 2020 and May 12, 2021, respectively, authorizing the issuance of its Astonia Community Development District Special Assessment Bonds, Series 2021 (North Parcel Assessment Area Project) (“North Parcel Assessment Area Bonds”), for the purpose of funding the construction, installation, and acquisition of public infrastructure, improvements, and services; and
WHEREAS, the North Parcel Assessment Area Bonds financed a portion of the District’s master project infrastructure for North Parcel Assessment Area (“North Parcel Assessment Area Project”), as such is further identified and described in that certain Astonia Community Development District Engineer’s Report for Capital Improvements, dated February 3, 2020, as amended by that Astonia Community Development District First Amendment to the Engineer’s Report for Capital Improvements, dated February 17, 2021, which are attached to this Resolution as Composite Exhibit A (together, “Engineer’s Report”); and

WHEREAS, the Engineer’s Report estimates capital costs totaling $7,820,000.00 for the North Parcel Assessment Area Project (“Total Project Costs”); and

WHEREAS, pursuant to the terms of the Amended and Restated Master Assessment Methodology for Astonia Community Development District, dated April 14, 2021, as supplemented by the Supplemental Assessment Methodology – Assessment Area Two (Series 2021) and North Parcel Assessment Area (Series 2021), dated July 8, 2021, attached to this Resolution as Composite Exhibit B (together, “Assessment Methodology”), the estimated total costs of the North Parcel Assessment Area Project to be funded by the sale of bonds and secured by assessments, inclusive of capital costs, financing costs, capitalized interest, reserve funds, original issue discounts, and contingencies totaled approximately $7,315,444.00; and
Whereas, on May 12, 2021, the Board adopted Resolutions 2021-07 and 2021-08, declaring that such Total Project Costs would be defrayed by the imposition of special assessments pursuant to Chapters 170 and 190, Florida Statutes, and that such special assessments would be paid in annual installments commencing in the year in which the special assessments were confirmed; and

Whereas, on July 14, 2021, the Board, after notice and public hearing, met as an Equalizing Board pursuant to the provision of Section 170.08, Florida Statutes, and adopted Resolution 2021-14, authorizing the projects described therein, equalizing and levying special assessments to defray all or a portion of the Total Project Costs and providing that this levy shall be a lien on the property so assessed co-equal with the lien of all state, county, district, municipal or other governmental taxes, all in accordance with Section 170.08, Florida Statutes; and

Whereas, the North Parcel Assessment Area Project specially benefits the developable acreage in the District as set forth in Resolution 2021-17 and the Assessment Methodology, and it is reasonable, proper, just and right to assess the portion of the costs of the North Parcel Assessment Area Project financed with the North Parcel Assessment Area Bonds to the specially benefitted properties within the District as set forth in Resolution 2021-17 and this Resolution; and

WHEREAS, pursuant to Chapter 170, Florida Statutes, and the Master Trust Indenture dated September 1, 2020 (“Master Indenture”), as supplemented by that Third Supplemental Trust Indenture dated July 1, 2021 (“Third Supplemental Indenture” and, together with the Master Indenture, the “Indenture”) both by and between the District and U.S. Bank National Association, as Trustee, the District Engineer executed and delivered a Certificate of Completion of the North Parcel Assessment Area Project dated March 30, 2026, (“Engineer’s Certification”) attached hereto as Exhibit C, wherein the District Engineer certified the North Parcel Assessment Area Project to be complete; and

Whereas, upon receipt of and in reliance upon the Engineer’s Certification evidencing the completion date of the North Parcel Assessment Area Project as described above, the Board desires to certify the North Parcel Assessment Area Project complete in accordance with the Indenture; and

Whereas, the actual costs incurred to complete the North Parcel Assessment Area Project exceeded all amounts on deposit in the North Parcel Assessment Area Acquisition and Construction Fund within the Acquisition and Construction Fund, and the remaining balance in the North Parcel Assessment Area Acquisition and Construction Fund is Zero Dollars and Zero Cents ($0.00).

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

Section 1. Recitals. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Resolution.
Section 2. Authority for this Resolution. This Resolution is adopted pursuant to Chapters 170 and 190, Florida Statutes, and in accordance with the provisions of Resolution 2021-17, as supplemented.

Section 3. Acceptance and Certification of Completion of the North Parcel
ASSESSMENT AREA PROJECT. The Board of Supervisors hereby accepts the Engineer’s Certification, attached hereto as Exhibit C, certifying the North Parcel Assessment Area Project complete and upon reliance thereon, certifies the North Parcel Assessment Area Project complete in accordance with Resolution 2021-17 and the Indenture. The Completion Date, as that term is defined in the Indenture, for the North Parcel Assessment Area Project shall be the date of the Engineer’s Certification.

Section 4.  Finalization of Special Assessments Securing North Parcel
ASSESSMENT AREA BONDS. Pursuant to Section 170.08, Florida Statutes, and Resolution 2021-17, special assessments securing the North Parcel Assessment Area Bonds are to be credited the difference in the assessment as originally made, approved, and confirmed and the proportionate part of the total actual costs of the North Parcel Assessment Area Project. Any remaining balance of the North Parcel Assessment Area Acquisition and Construction Account within the North Parcel Assessment Area Acquisition and Construction Fund, together with any interest earning therein, shall be retained by the District to complete the North Parcel Assessment Area Project, pursuant to Section 4.01(a) of the Third Supplemental Indenture, dated as of July 1, 2021. The actual costs incurred to complete the North Parcel Assessment Area Project exceeded all amounts on deposit in the North Parcel Assessment Area Acquisition and Construction Fund within the Acquisition and Construction Fund, and the remaining balance in the North Parcel Assessment Area Acquisition and Construction Fund is Zero Dollars and Zero Cents ($0.00). Notwithstanding the foregoing, to the extent additional monies become available in the Acquisition and Construction Fund, through the release of funds from the North Parcel Assessment Area Reserve Account or otherwise, the Board of Supervisors hereby acknowledges that such monies may be used to reimburse Ernie Caldwell Properties, LLC (“Developer”), for eligible costs of the North Parcel Assessment Area Project pursuant to other agreements between the District and the Developer, if applicable. Exhibit D attached hereto and incorporated herein by this reference reflects the amortization schedule of the North Parcel Assessment Area Bonds after the closing of the North Parcel Assessment Area Acquisition and Construction Account within the North Parcel Assessment Area Acquisition and Construction Fund. As provided in Resolution 2021-17, the assessments levied reflect the outstanding debt due on the North Parcel Assessment Area Bonds. Pursuant to Section 170.08, Florida Statutes, and Resolution 2021-17, the special assessments on parcels specially benefitted by the North Parcel Assessment Area Project are hereby finalized in accordance with the Assessment Methodology, attached hereto as Composite Exhibit B, which reflects the assessments on the parcels benefitted by the North Parcel Assessment Area Bonds.

Section 5. Improvement Lien Book. Immediately following the adoption of this Resolution, these special assessments as reflected herein shall be recorded by the Secretary of the Board of the District in the District’s “Improvement Lien Book.” The special assessment or assessments against each respective parcel shall be and shall remain a legal, valid and binding first lien on such parcel until paid and such lien shall be co-equal with the lien of all state, county,
district, municipal or other governmental taxes and superior in dignity to all other liens, titles, and claims.

Section 6. Other Provisions Remain in Effect. This Resolution is intended to supplement Resolution 2021-17, which remains in full force and effect. This Resolution and Resolution 2021-17 shall be construed to the maximum extent possible to give full force and effect to the provisions of each resolution.

Section 7. Severability. If any section or part of a section of this resolution be declared invalid or unconstitutional, the validity, force and effect of any other section or part of a section of this resolution shall not thereby be affected or impaired unless it clearly appears that such other section or part of a section of this resolution is wholly or necessarily dependent upon the section or part of a section so held to be invalid or unconstitutional.

Section 8. Conflicts. All resolutions or parts thereof in conflict herewith are, to the extent of such conflict, superseded and repealed.

Section 9. Effective Date. This Resolution shall become effective upon its adoption.

APPROVED AND ADOPTED this 8th day of April 2026.

ATTEST:	ASTONIA COMMUNITY
DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Comp. Exhibit A: Astonia Community Development District Engineer’s Report for Capital Improvements, dated February 3, 2020, as amended by that Astonia Community Development District First Amendment to the Engineer’s Report for Capital Improvements, dated February 17, 2021
Comp. Exhibit B: Amended and Restated Master Assessment Methodology for Astonia Community Development District, dated April 14, 2021, as supplemented by the Supplemental Assessment Methodology – Assessment Area Two (Series 2021) and North Parcel Assessment Area (Series 2021), dated July 8, 2021
Exhibit C:	Engineer’s Certification, dated March 30, 2026
Exhibit D:	Amortization Schedule of the North Parcel Assessment Area Bonds
COMPOSITE EXHIBIT A

Astonia Community Development District Engineer’s Report for Capital Improvements, dated February 3, 2020, as amended by that Astonia Community Development District First Amendment to the Engineer’s Report for Capital Improvements, dated February 17, 2021
ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

ENGINEER’S REPORT
FOR CAPITAL IMPROVEMENTS

Prepared for:

BOARD OF SUPERVISORS ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

Prepared by:

WOOD & ASSOCIATES ENGINEERING, LLC 1925 BARTOW ROAD LAKELAND, FL 33801
PH: 863-940-2040

February 3, 2020
ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

TABLE OF CONTENTS
INTRODUCTION	1-2
PURPOSE AND SCOPE	2-3
THE DEVELOPMENT	3
THE CAPITAL IMPROVEMENTS	3-4
CAPITAL IMPROVEMENT PLAN COMPONENTS	4-5
Stormwater Management Facilities	4-5
Public Roadways	5
Water and Wastewater Facilities	6
Off-site Improvements	7
Amenities and Parks…	7
Electric and Lighting…	7
Entry Features…	8
Miscellaneous	8
PERMITTING	9
RECOMMENDATION	9
REPORT MODIFICATION	10
CONCLUSION	10
LIST OF EXHIBITS

EXHIBIT 1- Location Map EXHIBIT 2- Legal Description EXHIBIT 3- District Boundary Map EXHIBIT 4- Zoning Map
EXHIBIT 5- Land Use Map
EXHIBIT 6- Utility Location Map & Drainage Flow Pattern Map EXHIBIT 7- Summary of Opinion of Probable Costs
EXHIBIT 8- Summary of Proposed District Facilities EXHIBIT 9- Overall Site Plan
ENGINEER’S REPORT ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

INTRODUCTION
The Astonia Community Development District (the “District”) is located south of Ernie Caldwell Blvd, west of Lee Jackson Highway, and north and south of Little Zion Road in Polk County (the “County”). The District currently contains approximately 159.93 acres and is expected to consist of 681 single family lots (289 – 40 foot wide lots and 392 – 50 foot wide lots), recreation / amenity areas, parks, and associated infrastructure.
The CDD was established under County Ordinance No. 2020-002 which was approved by the Polk County Board of County Commission on January 7, 2020. The District will own and operate the public roadways and stormwater management facilities, as well as the landscape, irrigation, signage, and recreational facilities within the development.

Public improvements and facilities financed, acquired, and/or constructed by the District will be designed and constructed to conform to regulatory criteria from the County, Southwest Florida Water Management District (SWFWMD), and other applicable agencies with regulatory jurisdiction over the development. An overall estimate of probable cost of the public improvements is provided in Exhibit 7 of this report.

This “Capital Improvement Plan” or “Report” reflects the present intentions of the District and the landowners. It should be noted that the location of proposed facilities and improvements may be adjusted during the final design, permitting, and implementation phases. It should also be noted that these modifications are not expected to diminish the benefits received by the property within the District. The District reserves the right to make reasonable adjustments to the development plan to meet applicable regulatory requirements of agencies with jurisdiction over the development, while maintaining comparable level of benefits to the lands served by the improvements. Changes and modifications are expected as changes in regulatory criteria are implemented.
Implementation of any proposed facilities or improvements outlined in this Report requires written approval from the District’s Board of Supervisors. Estimated costs outlined in this report are based on best available information, which includes but is not limited to previous experience with similar projects. Actual costs could be different than estimates because final engineering and specific field conditions may affect construction costs.

All roadway improvements including common area, sidewalks in the right-of-way, and storm drainage collection systems (from the curb inlets to their connection to the Stormwater ponds) within the Development will be maintained by the District. Water distribution and wastewater collection systems (gravity lines, force mains, and lift stations) will, upon completion, be dedicated to the City for ownership and maintenance.

PURPOSE AND SCOPE
The purpose of this Report is to provide engineering support to fund improvements in the District. This Report will identify the proposed public infrastructure to be constructed or acquired by the District along with an opinion of probable cost.

Contained within this Report is a brief description of the public infrastructure to be constructed or acquired by the District. The District will finance, construct, acquire, operate, and maintain all or specific portions of the proposed public infrastructure. An assessment methodology consultant has been retained by the District, who will develop the assessment and financing methodology to be applied using this Report.
The predominant portion of this Report provides descriptions of the proposed public infrastructure improvements, determination of estimated probable construction costs, and the corresponding benefits associated with the implementation of the described improvements. Detailed site construction plans and specifications have not yet been completed and permitted for the improvements described herein. The engineer has considered, and in specific instances has relied upon, the information and documentation prepared or supplied by others, and information that may have been provided by public entities, public employees, the landowner, site construction contractors, other engineering professionals, land surveyors, the District Board of Supervisors, and its staff and consultants.

THE DEVELOPMENT
The Development will consist of 681 single family homes (289 – 40 foot wide lots and 392 – 50 foot wide lots) and associated infrastructure (“Development”). The Development is a planned residential community located south of Ernie Caldwell Blvd, west of Lee Jackson Highway, and north and south of Little Zion Road within the County. The Development has a land use of RMX (Residential Medium) and a zoning of PD (Planned Development) The Development will be constructed in one phase.

THE CAPITAL IMPROVEMENTS
The Capital Improvement Plan, (the “CIP”), consists of public infrastructure for the Development. The primary portions of the CIP will entail stormwater pond construction, roadways built to an "urban" typical section, water and sewer facilities and off-site improvements (including turn lanes and extension of water and sewer mains to serve the Development).
There will also be stormwater structures and conveyance culverts within the CIP which will outfall into the on-site retention ponds. These structures and pond areas comprise the overall stormwater facilities of the CIP. Installation of the water distribution and wastewater collection system will also occur at this time. Below ground installation of telecommunications and cable TV will occur, but will not be funded by the District. The CDD will enter into a lighting agreement with Duke Energy for the street light poles and lighting service. Only undergrounding of wire in public right-of-way on District Land is included.
As a part of the recreational component of the CIP, a public park/amenity center will be within the Development The public park/amenity center will have connectivity via sidewalks to the other portions of the District. The public park/amenity center will be accessed by the public roadways and sidewalks.

CAPITAL IMPROVEMENT PLAN COMPONENTS
The system of improvements comprising the Capital Improvement Plan (“CIP”) includes the following:

Stormwater Management Facilities
Stormwater management facilities consisting of storm conveyance systems and retention ponds are contained within the District boundaries. Stormwater runs off via roadway curb and gutter to storm inlets. Storm culverts convey the runoff into the proposed retention ponds for water quality treatment and attenuation. The proposed stormwater systems will utilize dry retention and wet retention for biological pollutant assimilation to achieve water quality treatment. The design criteria for the District’s stormwater management systems is regulated by the County and the SWFWMD. There are no known surface waters.

Federal Emergency Management Agency Flood Insurance Rate Map (FEMA FIRM) Panel No. 12105C-0230H (dated 12/22/2016) demonstrates that the property is located within Flood Zone X. Based on this information and the site topography, it does not appear that floodplain compensation will be required.
During the construction of stormwater management facilities, utilities and roadway improvements, the contractor will be required to adhere to a Stormwater Pollution Prevention Plan (SWPPP) as required by Florida Department of Environmental Protection (FDEP) as delegated by the Environmental Protection Agency (EPA). The SWPPP will be prepared to depict for the contractor the proposed locations of required erosion control measures and staked turbidity barriers specifically along the down gradient side of any proposed construction activity. The site contractor will be required to provide the necessary reporting on various forms associated with erosion control, its maintenance and any rainfall events that occur during construction activity.

Public Roadways
The proposed public roadway sections are to be 50' R/W with 20’ of asphalt and Miami curb or Type F curb and gutter on both sides. The proposed roadway section will consist of stabilized subgrade, lime rock, crushed concrete or cement treated base and asphalt wearing surface. The proposed curb is to be 2' wide and placed along the edge of the proposed roadway section for purposes of protecting the integrity of the pavement and also to provide stormwater runoff conveyance to the proposed stormwater inlets.

The proposed roadways will also require signing and pavement markings within the public rights-of-way, as well as street signs depicting street name identifications, and addressing, which will be utilized by the residents and public. As stated above, the District's funding of roadway construction will occur for all public roadways.
Water and Wastewater Facilities
A potable water system inclusive of water main, gate valves, fire hydrants and appurtenances will be installed for the Development. The water service provider will be the Polk County Public Utilities. The water system will be a "looped" system. These facilities will be installed within the proposed public rights-of-way within the District. This water will provide the potable (domestic) and fire protection services which will serve the entire District.

A domestic wastewater collection system inclusive of gravity sanitary sewer mains and sewer laterals will be installed. The sewer service provider will be Polk County Public Utilities. The gravity sanitary sewer mains will be 8" diameter PVC. The gravity sanitary sewer lines will be placed inside of the proposed public rights-of-way, under the proposed paved roadways. Branching off from these sewer lines will be laterals to serve the individual lots. Lift stations are anticipated for this CIP. Flow from the lift station shall be connected to a proposed force main along Ernie Caldwell Blvd, northwest of the site.

Reclaimed water is not available for this site. An irrigation well to be funded by the District will be installed onsite to provide irrigation within the public right of way or irrigation water service shall be provided as part of the domestic water system design. Any water, sewer, or reclaim water pipes or facilities placed on private property will not be publicly funded.

Off-Site Improvements
The District will provide funding for the anticipated turn lanes at the development entrance. The site construction activities associated with the CIP are anticipated for completion as a single phase in 2020. Upon completion of these improvements, inspection/certifications will be obtained from the SWFWMD; the Polk County Health Department (water distribution system), Florida Department of Environmental Protection (FDEP) (wastewater collection) and the County.

Public Amenities and Parks
The District will provide funding for the public Amenity Facilities to include the following: pavilion with tot lot, dog park/all-purpose play field, walking trails, and passive parks throughout the Development which will include benches and walking trails.

Electric and Lighting
The electric distribution system thru the District is currently planned to be underground. The District presently intends to fund the difference between overhead and underground service to the CDD. Electric facilities funded by the District will be owned and maintained by the District, with Duke Energy providing underground electrical service to the Development. The CDD will enter into a lighting agreement with Duke Energy for the street light poles and lighting service. Only undergrounding of wire in public right-of-way on District land is included in the cost estimate of the CIP.
Entry Feature, Landscaping, and Irrigation
Landscaping, irrigation, entry features and walls at the entrances and along the outside boundary of the Development will be provided by the District. The irrigation system will use an irrigation well. The well and irrigation watermains to the Development will be constructed or acquired by the CDD with District funds and operated and maintained by the CDD. Landscaping for the roadways will consist of sod, annual flowers, shrubs, ground cover and trees for the internal roadways within the CDD. Perimeter fencing will be provided at the site entrances and perimeters. These items will be funded, owned and maintained by the CDD.

Miscellaneous
The stormwater improvements, landscaping and irrigation, recreational improvements, street lighting, and certain permits and professional fees as described in this report, are being financed by the District with the intention for benefiting all of the developable real property within the District. The construction and maintenance of the proposed public improvements will benefit the development for the intended use as a single-family planned development.
PERMITTING
Construction permits for the Development are required and include the SWFWMD Environmental Resource Permit (ERP), Polk County Health Department, Florida Department of Environmental Protection (FDEP), Army Corps of Engineer Permit (ACOE), and County construction plan approval.

Following is a summary of required permits obtained and pending for the construction of the public infrastructure improvements for the District:

PHASE 1 (681 Lots)

Permits / Approvals	Approval / Expected Date	
Zoning Approval	Approved	
Preliminary Plat	N/A	
SWFWMD ERP	March 2020	
Construction Permits	March 2020	
Polk County Health Department Water	March 2020	
FDEP Sewer	March 2020	
FDEP NOI	March 2020	
ACOE	N/A	

RECOMMENDATION

As previously described within this report, the public infrastructure as described is necessary for the development and functional operation as required by the County. The site planning, engineering design and construction plans for the infrastructure are in accordance with the applicable requirements of the County and the SWFWMD. It should be noted that the infrastructure will provide its intended use and function so long as the construction and installation is in substantial conformance with the design construction plans and regulatory permits.

Items utilized in the Opinion of Probable Costs for this report are based upon proposed plan infrastructure as shown on construction drawings incorporating specifications in the most current SWFWMD and the County regulations.
REPORT MODIFICATION
During development and implementation of the public infrastructure improvements as described for the District, it may be necessary to make modifications and/or deviations for the plans. However, if such deviations and/or revisions do not change the overall primary objective of the plan for such improvements, then the costs differences would not materially affect the proposed cost estimates.

CONCLUSION
It is our professional opinion that the public infrastructure costs for the CIP provided in this Report are reasonable to complete the construction of the public infrastructure improvements. Furthermore, the public infrastructure improvements will benefit and add value to lands within the District at least equal to the costs of such improvements.

The Opinion of Probable Costs of the public infrastructure improvements is only an estimate and is not a guaranteed maximum price. The estimated costs are based upon unit prices currently experienced on an ongoing and similar basis for work in the County. However, labor market, future costs of equipment, materials, changes to the regulatory permitting agencies activities, and the actual construction processes employed by the chosen site contractor are beyond the engineer’s control. Due to this inherent opportunity for changes (upward or downward) in the construction costs, the total, final construction cost may be more or less than this estimate.

Based upon the presumption that the CIP construction continues in a timely manner, it is our professional opinion that the proposed public infrastructure improvements when constructed and built in substantial conformance with the approved plans and specifications, can be completed and used for their intended function. Be advised that we have utilized historical costs and direct unit costs from site contractors and consultants in the County, which we believe to be necessary in order to facilitate accuracy associated with the Opinion of Probable Costs. Based upon the information above, it is our professional opinion that the acquisition and construction of the proposed CIP can be completed at the estimated cost as stated.

CDD BOUNDARIES

2

Parcel ID Numbers
1.	272622-000000-013010
2.  272622-000000-033010
3.  272622-000000-031020
4.  272622-000000-034010
5.  272622-000000-032010
6.  272622-000000-043010

LITTLE ZION ROAD IS NOT INCLUDED IN THE CDD
N

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM
EXHIBIT 1
ASTONIA COMMUNITY DEVELOPMENT DISTRICT LOCATION MAP

NO SCALE
LEGAL DESCRIPTION

BEGIN AT THE NW CORNER OF THE NE 1/4 OF THE NW 1/4 OF SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST, POLK COUNTY, FLORIDA; THENCE RUN N89°38'14"E ALONG THE NORTH LINE OF SAID SECTION 22 A DISTANCE OF 708.93 FEET; THENCE S02°00'48"E A DISTANCE OF 31.96 FEET TO A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 28°43'45", WITH A RADIUS OF 1385.00 FEET, WITH A CHORD BEARING OF S16°22'40"E, WITH A CHORD LENGTH OF 687.21 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 694.46 FEET; THENCE N57°11'19"E A DISTANCE OF 285.23 FEET TO A POINT ON THE WEST RIGHT OF WAY OF ERNIE CALDWELL BOULEVARD, SAID POINT ALSO BEING ON A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 05°12'38", WITH A RADIUS OF 1100.00 FEET, WITH A CHORD BEARING OF S32°48'41"E, WITH A CHORD LENGTH OF 100.00 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 100.03 FEET; THENCE LEAVING SAID RIGHT OF WAY RUN S57°11'19"W A DISTANCE OF 285.23 FEET TO A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 21°30'05", WITH A RADIUS OF 1385.00 FEET, WITH A CHORD BEARING OF S45°37'51"E, WITH A CHORD LENGTH OF 516.70 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 519.75 FEET; THENCE S00°34'03"E A DISTANCE OF 1126.63 FEET TO THE NORTH MAINTAINED RIGHT OF WAY OF LITTLE ZION ROAD; THENCE RUN ALONG SAID NORTH RIGHT OF WAY THE FOLLOWING 29 COURSES; 1) N86°53'43"W A DISTANCE OF 12.69 FEET; 2)THENCE N87°23'02"W A DISTANCE OF 65.40 FEET; 3)THENCE S87°44'53"W A DISTANCE OF 34.73 FEET; 4)THENCE S82°19'26"W A DISTANCE OF
41.07 FEET; 5)THENCE S73°10'25"W A DISTANCE OF 16.81 FEET; 6)THENCE S70°46'24"W A DISTANCE OF 24.09 FEET;
7)THENCE S70°28'57"W A DISTANCE OF 16.64 FEET; 8)THENCE S61°58'48"W A DISTANCE OF 36.62 FEET; 9)THENCE S57°16'53"W A DISTANCE OF 63.50 FEET; 10)THENCE S46°20'51"W A DISTANCE OF 35.85 FEET; 11)THENCE S35°40'32"W A DISTANCE OF 14.37 FEET; 12)THENCE S35°36'06"W A DISTANCE OF 15.07 FEET; 13)THENCE S29°16'16"W A DISTANCE OF
33.67 FEET; 14)THENCE S28°02'33"W A DISTANCE OF 100.08 FEET; 15)THENCE S29°35'32"W A DISTANCE OF 41.20 FEET;
16)THENCE S37°51'45"W A DISTANCE OF 60.25 FEET; 17)THENCE S48°18'53"W A DISTANCE OF 16.90 FEET; 18)THENCE S56°17'21"W A DISTANCE OF 18.08 FEET; 19)THENCE S62°22'59"W A DISTANCE OF 10.29 FEET; 20)THENCE S89°37'17"W A DISTANCE OF 165.14 FEET; 21)THENCE S00°24'07"E A DISTANCE OF 17.27 FEET; 22)THENCE S89°49'44"W A DISTANCE OF
51.17 FEET; 23)THENCE S89°15'22"W A DISTANCE OF 100.01 FEET; 24)THENCE S89°42'52"W A DISTANCE OF 100.00 FEET;
25)THENCE S89°25'40"W A DISTANCE OF 100.00 FEET; 26)THENCE S89°18'48"W A DISTANCE OF 100.00 FEET; 27)THENCE S89°35'59"W A DISTANCE OF 100.00 FEET; 28)THENCE S89°42'52"W A DISTANCE OF 100.00 FEET; 29)THENCE S89°35'59"W A DISTANCE OF 11.74 FEET; THENCE LEAVING SAID NORTH RIGHT OF WAY RUN S00°31'51"E A DISTANCE OF 672.83 FEET; THENCE S89°33'56"W A DISTANCE OF 663.12 FEET; THENCE S00°30'40"E A DISTANCE OF 661.24 FEET TO THE SOUTH LINE OF THE NW 1/4 OF THE SW 1/4 OF SAID SECTION 22; THENCE S89°31'59"W ALONG SAID SOUTH LINE A DISTANCE OF
663.35 FEET TO THE WEST LINE OF SAID SECTION 22; THENCE RUN ALONG SAID WEST LINE THE FOLLOWING 3 COURSES; 1) N00°29'28"W A DISTANCE OF 1323.24 FEET; 2) THENCE N00°09'33"W A DISTANCE OF 1322.55 FEET; 3) THENCE N00°09'33"W A DISTANCE OF 792.10 FEET TO THE NORTH LINE OF THE SOUTH 24 ACRES OF THE NW 1/4 OF THE NW 1/4 OF SAID SECTION 22; THENCE N89°37'27"E ALONG SAID NORTH LINE A DISTANCE OF 1318.54 FEET TO THE WEST LINE OF THE NE 1/4 OF THE NW 1/4 OF SAID SECTION 22; THENCE N00°20'51"W ALONG SAID WEST LINE A DISTANCE OF 529.36 FEET RETURNING TO THE POINT OF BEGINNING, LESS MAINTAINED RIGHT OF WAY FOR LITTLE ZION ROAD.

CONTAINING AN AREA OF 159.93 ACRES MORE OR LESS.

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM
EXHIBIT 2 ASTONIA
COMMUNITY DEVELOPMENT DISTRICT LEGAL DESCRIPTION
PAGE 1 OF 1

BOUNDARY

LITTLE ZION ROAD IS NOT INCLUDED IN THE CDD
N

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM
EXHIBIT 3 ASTONIA CDD
DISTRICT BOUNDARY MAP

NO SCALE

ECX

ASTONIA CDD

RL-4X

EXISTING LAND USE: RMX PROPOSED LAND USE: RMX

ECX

ASTONIA CDD

RMX
RMX

N

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM

LEGEND
RMX - RESIDENTIAL MEDIUM RL-4X - RESIDENTIAL LOW
ECX - EMPLOYMENT CENTER
EXHIBIT 5
ASTONIA COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY FUTURE LAND USE MAP
NO
BPC-2X - BUSINESS PARK CENTER
SCALE

ECX

ASTONIA CDD

RL-4X

EXISTING ZONING: RMX PROPOSED ZONING: PD

ASTONIA CDD

ECX

RMX

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM

LEGEND
RMX - RESIDENTIAL MEDIUM RL-4X - RESIDENTIAL LOW
ECX - EMPLOYMENT CENTER
N

EXHIBIT 4
ASTONIA COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY ZONING MAP
NO
BPC-2X - BUSINESS PARK CENTER	SCALE

FLOOD ZONE A AND WETLAND

FLOOD ZONE A AND WETLAND
ASTONIA CDD

ASTONIA CDD

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM

COMPOSITE EXHIBIT 6
ASTONIA COMMUNITY DEVELOPMENT DISTRICT DRAINAGE MAP
LEGEND
FLOW DIRECTION
N

NO SCALE

16"	16"

ASTONIA CDD

ASTONIA CDD

N

1925 BARTOW ROAD • LAKELAND, FL 33801
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018
EMAIL: INFO@WOODCIVIL.COM

LEGEND
COMPOSITE EXHIBIT 6
ASTONIA COMMUNITY DEVELOPMENT DISTRICT
EXISTING 12" WATER MAIN EXISTING 16" FORCE MAIN
EXISTING 16" RECLAIM WATER MAIN

NO SCALE

Composite Exhibit 7 Astonia CDD
Community Development District Summary of Probable Cost

Infrastructure (1)(9)	Total (681 Lots)*	
Offsite Improvements (5)(6)	$ 2,300,000.00	
Stormwater Management (2)(3)(5)(6)	$ 4,800,000.00	
Utilities (Water, Sewer, & Street Lighting) (5)(6) (8)	$4,700,000.00	
Roadway (4)(5)(6)	$2,800,000.00	
Entry Feature (6)(7)	$ 1,100,000.00	
Parks and Recreational Facilities (1)(6)	$ 1,600,000.00	
Contingency	$	800,000.00	
TOTAL	$18,100,000.00	
Notes:
Infrastructure consists of offsite improvements, public roadway improvements, stormwater management facilities, master sanitary sewer lift station and utilities, entry feature, landscaping and signage, and parks and recreational facilities.
Excludes grading of each lot both for initial pad construction, lot finishing in conjunction with home construction, which will be provided by developer or homebuilder.
Includes stormwater pond excavation. Costs do not include transportation to or placement of fill on private property.
Includes sub-grade, base, asphalt paving, curbing, and civil/site engineering.
Includes subdivision infrastructure and civil/site engineering.
Estimates are based on 2019 cost.
Includes entry features, signage, hardscape, landscape, irrigation and fencing.
CDD will enter into a Lighting Agreement with Duke Energy for the street light poles and lighting service. Only undergrounding of wire in public right-of-way and on District land is included.
Estimates based on Master Infrastructure to support development of 681 lots.

*289 – 40 foot wide lots 392 – 50 foot wide lots
Composite Exhibit 8 Astonia CDD
Community Development District Summary of Proposed District Facilities

District Infrastructure	Construction	Ownership	Capital Financing*	Operation and Maintenance	
Offsite Improvements	District	County	District Bonds	County	
Stormwater Facilities	District	District	District Bonds	District	
Lift Stations/Water/Sewer	District	Polk County	District Bonds	Polk County	
Street Lighting/Conduit	District	**District	District Bonds	**District	
Road Construction	District	District	District Bonds	District	
Entry Feature & Signage	District	District	District Bonds	District	
Parks and Recreational
Facilities	District	District	District Bonds	District	

*Costs not funded by bonds will be funded by the developer.
** Street lighting/conduit shall be owned and maintained by the District or the District shall enter into a lease with Duke Energy.

WETLANDS "B" (0.031 AC.)

AMENITIES AREA (2.8± AC.)
WETLANDS "A" (0.085 AC.)

n

WETLANDS "A" (0.708 AC.)

10
11
12
13	9
8
14	7
6
15
33	5

PROP. COMM. (4.2 ACRES)
GRAPHIC SCALE

			
SCALE: 1 inch =200 ft.

WETLANDS "G" (2.032 AC.)

73  72 71 70 69 68 67 66 65 64 63 62	61
74
STREET "E"
16	4
32	17
34	31	18	3
30	19	2
51	35	29	20	1
50	36	28

SWM POND 60
75
78
76	79
77	80
81
82
83
101

100
99
98
97
96
102

103
104
105
106
107
WETLANDS "D"
(0.248 AC.)

WETLANDS "E"
37	21
49	38	27	22
48	39	26	23
47	40	25
46	41	24
45
42
44
43

513
512

514
515
516

PROP. COMM. (2.4 ACRES)
SITE DATA:
NET PROJECT AREA:	159.93 ACRES TOTAL LOTS =	681 (100%) OR 4.3 DU/AC.

WETLANDS "H" (1.761 AC.)

84	95
85	94

86	93

87	92

108
109

110
111
(1.353 AC.)
60
59

58
57
SWM POND 40

467
466
465
468
469
470
471
472
511
510
509
508
507
517
518
519
520
40' LOTS = 289 (42%)

50' LOTS = 392 (58%)
88
SWM POND 70
89
56
91	112	55
113
114	54

356

430
431
464
463
462
473
474
475

506
505
90

STREET "D"
AMENITIES AREA (1.8± AC.)
115
116
117
118
53
52

310

355
354

357
358
359
429
428
427
426
432
433
434
435

461
460
459
476
477
478
479
504

503

502

119
120
121
245 246 247 248 249 250 251 252 253 254

244 243 242 241 240 239 238 237 236 235 234

309
308
307

311
312
313
314
353
352
351
350
360
361
362
363
364

425
424

423

422
436
437
438
439
440
458

457

456

455
480
481
482
483

484

501

500

499

WETLANDS "J" (0.223 AC.)
122

123

124
125
126
127
128
129
130

131

132

STREET "G"

222 223 224 225 226 227 228 229 230 231 232 233

221 220 219 218 217 216 215 214 213 212 211 210 209

STREET "H"

196 197 198 199 200 201 202 203 204 205 206 207 208

SWM POND 80

275 276 277 278

STREET "H"

274 273 272 271 270

279
280
281
306
305
304
303

302
301

300
299
298
297
296
315

316

317

318

319

320
321
322
323
324
349

348
347
346
345
344

343
342
341
340
339
365

366

367

368

369

370
371
372
373
374

421
420
419
418
417

416
415
414
413
412

441
442
443

444

445

446

447

539

454

453
452
451
450

449

448

STREET "B"

485

486

487

488

489

490
498
497
496
495
494
493

492

491

521
522
523
524
525

526

527

528

133

134

195 194 193 192 191 190 189 188 187 186 185 184 183

265 266 267 268 269
282
283
295
294
325
326
338
337

375

376

411

410

540

541
538 537 536 535 534 533 532 531 530
529

135
136

STREET "I"	STREET "I"
284

285
293

292
327

328
336

335
377
378
409
408
542
543

137
138
139

140

141
170 171 172 173 174 175 176 177 178 179 180 181 182

169 168 167 166 165 164 163 162 161 160 159 158 157

STREET "D"
264 263 262 261 260

255 256 257 258 259

STREET "D"

286

287

288

291

290

289

329

330

331

STREET "D"

334

333

332

379

380
381

382

383

407

406

405

404

403

544

545

546

547

548
SWM POND 50

WETLANDS "K" (1.745 AC.)

LITTLE ZION RD.

PROPOSED TYPICAL 40' WIDE LOTS
N.T.S.

142

143 144 145 146 147 148 149 150 151 152 153 154 155 156
392 391 390 389 388 387 386 385 384
401 400 399 398 397 396 395
402	549

LITTLE ZION RD.
LITTLE ZION RD.

564
563 562 561 560 559 558 557 556 555 554 553 552 551 550

660 661 662 663 664 665

666

667

565

566

STREET "J"	STREET "J"

668

669
567

568

569

570
636 637 638 639 640 641 642 643 644 645 646 647 648

635 634 633 632 631 630 629 628 627 626 625 624
659 658 657 656 655 654

649 650 651 652 653
670
671
672

673

571

623

602

STREET "J"	STREET "J"

601

674
572
573
574

622
621

603
604

600
599
681 680
679 678 677 676
675
575
576
577
578
579
580
581
620
619
618
617
616
615

614
605
606
607
608
609
610

611
598
597
596
595
594
593

592
AMENITIES AREA (2.0± AC.)
582

583

613
612	591
590

589

PROPOSED TYPICAL 50' WIDE LOTS
584 585 586 587
588
N.T.S.

SWM POND 90/100
NOTE:
IMPROVEMENTS SHOWN WITHIN AMENITIES AREAS ARE FOR INFORMATION PURPOSES ONLY. THE SPECIFIC FEATURES, LOCATION, QUANTITY & DESIGN WILL BE PROVIDED UNDER SEPARATE COVER.
ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

FIRST AMENDMENT TO THE ENGINEER’S REPORT FOR CAPITAL IMPROVEMENTS

Prepared for:

BOARD OF SUPERVISORS ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

Prepared by:

WOOD & ASSOCIATES ENGINEERING, LLC 1925 BARTOW ROAD
LAKELAND, FL 33801
PH: 863-940-2040

February 17, 2021
ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

TABLE OF CONTENTS
PURPOSE	1
INTRODUCTION…	1-2
SCOPE	2-3
THE DEVELOPMENT	3
THE CAPITAL IMPROVEMENTS.	3-4
CAPITAL IMPROVEMENT PLAN COMPONENTS	4-5
Stormwater Management Facilities	4
Public Roadways	5
Water and Wastewater Facilities	5
Off-site Improvements	6
Amenities and Parks…	6
Electric and Lighting…	6
Entry Features…	6
Miscellaneous	7
PERMITTING	7-8
RECOMMENDATION	8-9
REPORT MODIFICATION	9
CONCLUSION	9
LIST OF EXHIBITS

EXHIBIT 1- Location Map
EXHIBIT 2- Assessment Area 1 Legal Description EXHIBIT 3- Assessment Area 2 Legal Description EXHIBIT 4- Astonia North Legal Description EXHIBIT 5 – District Boundary Map
EXHIBIT 6- Future Land Use Map EXHIBIT 7- Zoning Map
EXHIBIT 8 - Utility Location Map & Drainage Flow Pattern Map EXHIBIT 9- Summary of Opinion of Probable Costs
EXHIBIT 10- Summary of Proposed District Facilities EXHIBIT 11 & 11A- Overall Site Plan
FIRST AMENDMENT TO THE ENGINEER’S REPORT ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

PURPOSE
The purpose of this First Amendment to the Engineer’s Report (“First Amendment” or “Report”) is to provide engineering support for the expanded boundaries of the Astonia Community Development District (“CDD” or the “District”), as well as provide updates to the original phasing. This First Amendment supplements the Engineer’s Report for Capital Improvements, dated February 3, 2020, as supplemented by the Supplemental Engineer’s Report for Capital Improvements, dated May 14, 2020 (which broke out the original improvement plan into three (3) phases).

Phase 1 remains unchanged. The original CDD contemplated three phases of development (Phase 1-191 lots; Phase 2-306 lots; Phase 3 – 184 lots) consisting of approximately 159.93 acres. Due to changes in the development plan, the original Phase 2 and Phase 3 will be constructed together as Phase 2 consisting of 490 lots. The recently expanded portion of the CDD known as Astonia North (also referred to as the “North Parcel”) consists of 332 single-family lots. The expanded CDD has a total of 1,013 single family lots and consist of approximately 267.15 acres.

INTRODUCTION
The District is located south of Ernie Caldwell Blvd, west of Lee Jackson Highway, and north and south of Little Zion Road in Polk County (the “County”). The District shall consist of 267.15 acres and is expected to contain 1,013 single family lots, recreation / amenity areas, parks, and associated infrastructure.

The CDD was established under County Ordinance No. 2020-002 which was approved by the Polk County Board of County Commission (“County Commission”) on January 7, 2020, further amended by County Ordinance No. 2021-023 approved by the County Commission on April 6, 2021, expanding the district boundary. The District will own and operate the public roadways and stormwater management facilities, as well as the landscape, irrigation, signage, and recreational facilities within the development.
Public improvements and facilities financed, acquired, and/or constructed by the District will be designed and constructed to conform to regulatory criteria from the County, Southwest Florida Water Management District (SWFWMD), and other applicable agencies with regulatory jurisdiction over the development. An overall estimate of probable cost of the public improvements is provided in Exhibit 9 of this report.

This “Capital Improvement Plan” or “Report” reflects the present intentions of the District and the landowners. It should be noted that the location of proposed facilities and improvements may be adjusted during the final design, permitting, and implementation phases. It should also be noted that these modifications are not expected to diminish the benefits received by the property within the District. The District reserves the right to make reasonable adjustments to the development plan to meet applicable regulatory requirements of agencies with jurisdiction over the development, while maintaining comparable level of benefits to the lands served by the improvements. Changes and modifications are expected as changes in regulatory criteria are implemented.

Implementation of any proposed facilities or improvements outlined in this Report requires written approval from the District’s Board of Supervisors. Estimated costs outlined in this report are based on best available information, which includes but is not limited to previous experience with similar projects. Actual costs could be different than estimates because final engineering and specific field conditions may affect construction costs.

All roadway improvements including common area, sidewalks in the right-of-way, and storm drainage collection systems (from the curb inlets to their connection to the Stormwater ponds) within the Development will be maintained by the District. Water distribution and wastewater collection systems (gravity lines, force mains, and lift stations) will, upon completion, be dedicated to the City for ownership and maintenance.

SCOPE
The purpose of this Report is to provide engineering support to fund improvements in the District. This Report will identify the proposed public infrastructure to be constructed or acquired by the District along with an opinion of probable cost.
Contained within this Report is a brief description of the public infrastructure to be constructed or acquired by the District. The District will finance, construct, acquire, operate, and maintain all or specific portions of the proposed public infrastructure. An assessment methodology consultant has been retained by the District, who will develop the assessment and financing methodology to be applied using this Report.
The predominant portion of this Report provides descriptions of the proposed public infrastructure improvements, determination of estimated probable construction costs, and the corresponding benefits associated with the implementation of the described improvements. Detailed site construction plans and specifications have not yet been completed and permitted for the improvements described herein. The engineer has considered, and in specific instances has relied upon, the information and documentation prepared or supplied by others, and information that may have been provided by public entities, public employees, the landowner, site construction contractors, other engineering professionals, land surveyors, the District Board of Supervisors, and its staff and consultants.

THE DEVELOPMENT
The District will consist of 1,013 single family homes and associated infrastructure to support the same (“Development”). The Development is a planned residential community located north and south of Ernie Caldwell Blvd, west of Lee Jackson Highway, and north and south of Little Zion Road within the County. The Development has a Polk County future land use of RMX (Residential Medium) and NACX (Neighborhood Activity Center) and Polk County zoning of PD (Planned Development). The Development will be constructed in three phases. (Phase 1- 191 lots, Phase 2-490 Lots, Astonia North – 332 lots). Development of Phase 1 began in August 2020.

THE CAPITAL IMPROVEMENTS
The Capital Improvement Plan (the “CIP”) consists of public infrastructure for the Development. The primary portions of the CIP will entail stormwater pond construction, roadways built to an "urban" typical section, water and sewer facilities and off-site improvements (including turn lanes and extension of water and sewer mains to serve the Development).

There will also be stormwater structures and conveyance culverts within the CIP which will outfall into the on-site retention ponds. These structures and pond areas comprise the overall stormwater facilities of the CIP. Installation of the water distribution and wastewater collection system will also occur at this
time. Below ground installation of telecommunications and cable TV will occur, but will not be funded by the District. The CDD will enter into a lighting agreement with Duke Energy for the street light poles and lighting service. Only undergrounding of wire in public right-of-way on District Land is included.

As a part of the recreational component of the CIP, a public park/amenity center will be within the Development The public park/amenity center will have connectivity via sidewalks to the other portions of the District. The public park/amenity center will be accessed by the public roadways and sidewalks.

CAPITAL IMPROVEMENT PLAN COMPONENTS
The system of improvements comprising the CIP includes the following:

Stormwater Management Facilities
Stormwater management facilities consisting of storm conveyance systems and retention ponds are contained within the District boundaries. Stormwater runs off via roadway curb and gutter to storm inlets. Storm culverts convey the runoff into the proposed retention ponds for water quality treatment and attenuation. The proposed stormwater systems will utilize dry retention and wet retention for biological pollutant assimilation to achieve water quality treatment. The design criteria for the District’s stormwater management systems is regulated by the County and the SWFWMD. There are no known surface waters.

Federal Emergency Management Agency Flood Insurance Rate Map (FEMA FIRM) Panel No. 12105C-0230H (dated 12/22/2016) demonstrates that the property is located within Flood Zone X. Based on this information and the site topography, it does not appear that floodplain compensation will be required.

During the construction of stormwater management facilities, utilities and roadway improvements, the contractor will be required to adhere to a Stormwater Pollution Prevention Plan (SWPPP) as required by Florida Department of Environmental Protection (FDEP) as delegated by the Environmental Protection Agency (EPA). The SWPPP will be prepared to depict for the contractor the proposed locations of required erosion control measures and staked turbidity barriers specifically along the down gradient side of any proposed construction activity. The site contractor will be required to provide the necessary reporting on various forms associated with erosion control, its maintenance and any rainfall events that occur during construction activity.
Public Roadways
The proposed public roadway sections are to be 50' R/W with 20’ of asphalt and Miami curb or Type F curb and gutter on both sides. The proposed roadway section will consist of stabilized subgrade, lime rock, crushed concrete or cement treated base and asphalt wearing surface. The proposed curb is to be 2' wide and placed along the edge of the proposed roadway section for purposes of protecting the integrity of the pavement and also to provide stormwater runoff conveyance to the proposed stormwater inlets.

The proposed roadways will also require signing and pavement markings within the public rights-of-way, as well as street signs depicting street name identifications, and addressing, which will be utilized by the residents and public. As stated above, the District's funding of roadway construction will occur for all public roadways.

Water and Wastewater Facilities
A potable water system inclusive of water main, gate valves, fire hydrants and appurtenances will be installed for the Development. The water service provider will be the Polk County Public Utilities. The water system will be a "looped" system. These facilities will be installed within the proposed public rights-of-way within the District. This water will provide the potable (domestic) and fire protection services which will serve the entire District.

A domestic wastewater collection system inclusive of gravity sanitary sewer mains and sewer laterals will be installed. The sewer service provider will be Polk County Public Utilities. The gravity sanitary sewer mains will be 8" diameter PVC. The gravity sanitary sewer lines will be placed inside of the proposed public rights-of-way, under the proposed paved roadways. Branching off from these sewer lines will be laterals to serve the individual lots. Lift stations are anticipated for this CIP. Flow from the lift station shall be connected to a proposed force main along Ernie Caldwell Blvd, northwest of the site.

Reclaimed water is not available for this site. An irrigation well to be funded by the District will be installed onsite to provide irrigation within the public right of way or irrigation water service shall be provided as part of the domestic water system design. Any water, sewer, or reclaim water pipes or facilities placed on private property will not be publicly funded.
Off-Site Improvements
The District will provide funding for the anticipated turn lanes at the development entrance. The site construction activities associated with the CIP are anticipated for completion by phases based on the following estimated schedule: Phase 1 in 2021; Phase 2 in 2022; Astonia North in 2024. Upon completion of these improvements, inspection/certifications will be obtained from the SWFWMD; the Polk County Health Department (water distribution system), Florida Department of Environmental Protection (FDEP) (wastewater collection) and the County.

Public Amenities and Parks
The District will provide funding for the public Amenity Facilities to include the following: pavilion with tot lot, dog park/all-purpose play field, walking trails, and passive parks throughout the Development which will include benches and walking trails.

Electric and Lighting
The electric distribution system through the District is currently planned to be underground. The District presently intends to fund the difference between overhead and underground service to the CDD. Electric facilities funded by the District will be owned and maintained by the District, with Duke Energy providing underground electrical service to the Development. The CDD will enter into a lighting agreement with Duke Energy for the street light poles and lighting service. Only undergrounding of wire in public right-of-way on District land is included in the cost estimate of the CIP.

Entry Feature, Landscaping, and Irrigation
Landscaping, irrigation, entry features and walls at the entrances and along the outside boundary of the Development will be provided by the District. The irrigation system will use an irrigation well. The well and irrigation watermains to the Development will be constructed or acquired by the CDD with District funds and operated and maintained by the CDD. Landscaping for the roadways will consist of sod, annual flowers, shrubs, ground cover and trees for the internal roadways within the CDD. Perimeter fencing will be provided at the site entrances and perimeters. These items will be funded, owned and maintained by the CDD.
Miscellaneous
The stormwater improvements, landscaping and irrigation, recreational improvements, street lighting, and certain permits and professional fees as described in this report, are being financed by the District with the intention for benefiting all of the developable real property within the District. The construction and maintenance of the proposed public improvements will benefit the development for the intended use as a single-family planned development.

PERMITTING
Construction permits for the Development are required and include the SWFWMD Environmental Resource Permit (ERP), Polk County Health Department, Florida Department of Environmental Protection (FDEP), Army Corps of Engineer Permit (ACOE), and County construction plan approval.

Following is a summary of required permits obtained and pending for the construction of the public infrastructure improvements for the District:

PHASE 1 (191 Lots)

Permits / Approvals	Approval / Expected Date	
Zoning Approval	Approved	
Preliminary Plat	N/A	
SWFWMD ERP	Approved	
Construction Permits	Approved	
Polk County Health Department Water	Approved	
FDEP Sewer	Approved	
FDEP NOI	Approved	
ACOE	N/A	
PHASE 2 (490 Lots)

Permits / Approvals	Approval / Expected Date	
Zoning Approval	Approved	
Preliminary Plat	N/A	
SWFWMD ERP	Approved	
Construction Permits	Approved	
Polk County Health Department Water	Approved	
FDEP Sewer	Approved	
FDEP NOI	Approved	
ACOE	N/A	

Astonia North (332 Lots)

Permits / Approvals	Approval / Expected Date	
Zoning Approval	Approved	
Preliminary Plat	N/A	
SWFWMD ERP	June 2021	
Construction Permits	June 2021	
Polk County Health Department Water	June 2021	
FDEP Sewer	June 2021	
FDEP NOI	June 2021	
ACOE	N/A	

RECOMMENDATION
As previously described within this report, the public infrastructure as described is necessary for the development and functional operation as required by the County. The site planning, engineering design and construction plans for the infrastructure are in accordance with the applicable requirements of the County and the SWFWMD. It should be noted that the infrastructure will provide its intended use and function so long as the construction and installation is in substantial conformance with the design construction plans and regulatory permits.
Items utilized in the Opinion of Probable Costs for this report are based upon proposed plan infrastructure as shown on construction drawings incorporating specifications in the most current SWFWMD and the County regulations.

REPORT MODIFICATION
During development and implementation of the public infrastructure improvements as described for the District, it may be necessary to make modifications and/or deviations for the plans. However, if such deviations and/or revisions do not change the overall primary objective of the plan for such improvements, then the costs differences would not materially affect the proposed cost estimates.

CONCLUSION
It is our professional opinion that the public infrastructure costs for the CIP provided in this Report are reasonable to complete the construction of the public infrastructure improvements. Furthermore, the public infrastructure improvements will benefit and add value to lands within the District at least equal to the costs of such improvements.

The Opinion of Probable Costs of the public infrastructure improvements is only an estimate and is not a guaranteed maximum price. The estimated costs are based upon unit prices currently experienced on an ongoing and similar basis for work in the County. However, labor market, future costs of equipment, materials, changes to the regulatory permitting agencies activities, and the actual construction processes employed by the chosen site contractor are beyond the engineer’s control. Due to this inherent opportunity for changes (upward or downward) in the construction costs, the total, final construction cost may be more or less than this estimate.

Based upon the presumption that the CIP construction continues in a timely manner, it is our professional opinion that the proposed public infrastructure improvements when constructed and built in substantial conformance with the approved plans and specifications, can be completed and used for their intended function. Be advised that we have utilized historical costs and direct unit costs from site contractors and consultants in the County, which we believe to be necessary in order to facilitate accuracy associated with the Opinion of Probable Costs. Based upon the information above, it is our professional opinion that the acquisition and construction of the proposed CIP can be completed at the estimated cost as stated.

EXPANSION PARCELS*

6	8

ERNIE CALDWELL BLVD
9

EXISTING DISTRICT PARCEL ID NUMBERS
1. 272622-000000-033010
2. 272622-000000-031050
3. 272622-000000-034010
4. 272622-000000-032010
5. 272622-000000-043010

EXPANSION PARCELS
6. 272615-000000-043010
7. 272615-000000-041000
8. 272615-000000-023000
9. 272615-000000-042010
LITTLE ZION ROAD IS NOT INCLUDED IN THE CDD
DISTRICT

3

5

PARCELS ARE OWNED IN
FEE SIMPLE BY POLK COUNTY

N

1925 BARTOW ROAD	LAKELAND, FL 33801
OFFICE: (863) 940-2040	FAX: (863) 940-2044	CELL: (863) 662-0018 EMAIL: INFO@WOODCIVIL.COM
EXHIBIT 1
ASTONIA COMMUNITY DEVELOPMENT DISTRICT LOCATION MAP
*APPROVED AND ADDED TO THE DISTRICT BY THE COUNTY COMMISSION ON APRIL 6, 2021

NO SCALE

DISTRICT

DISTRICT

LITTLE ZION ROAD IS NOT INCLUDED IN THE CDD
N

1925 BARTOW ROAD	LAKELAND, FL 33801
OFFICE: (863) 940-2040	FAX: (863) 940-2044	CELL: (863) 662-0018 EMAIL: INFO@WOODCIVIL.COM
EXHIBIT 5 ASTONIA CDD
DISTRICT BOUNDARY MAP
*APPROVED AND ADDED TO THE DISTRICT BY THE COUNTY COMMISSION ON APRIL 6, 2021

NO SCALE
EXPANSION PARCELS
EXISTING FLU: NACX AND RMX PROPOSED FLU: NACX AND RMX

RMX

RMX

EXISTING DISTRICT

RMX

ECX

RMX

LEGEND
RMX - RESIDENTIAL MEDIUM RL-4X - RESIDENTIAL LOW
ECX - EMPLOYMENT CENTER
BPC-2X - BUSINESS PARK CENTER
N

COMPOSITE EXHIBIT 6
ASTONIA COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY FUTURE LAND USE MAP
1925 BARTOW ROAD	LAKELAND, FL 33801
OFFICE: (863) 940-2040	FAX: (863) 940-2044	CELL: (863) 662-0018 EMAIL: INFO@WOODCIVIL.COM
NACX - NEIGHBORHOOD ACTIVITY CENTER

NO SCALE
EXPANSION PARCELS
EXISTING ZONING: PD
PROPOSED ZONING: PD	PD

RMX

EXISTING DISTRICT
PD	ECX

PD

LEGEND
RMX - RESIDENTIAL MEDIUM RL-4X - RESIDENTIAL LOW
ECX - EMPLOYMENT CENTER
BPC-2X - BUSINESS PARK CENTER
N

COMPOSITE EXHIBIT 7
ASTONIA COMMUNITY DEVELOPMENT DISTRICT POLK COUNTY ZONING MAP
1925 BARTOW ROAD	LAKELAND, FL 33801
OFFICE: (863) 940-2040	FAX: (863) 940-2044	CELL: (863) 662-0018 EMAIL: INFO@WOODCIVIL.COM
NACX - NEIGHBORHOOD ACTIVITY CENTER PD - PLANNED DEVELOPMENT

NO SCALE
EXPANSION PARCELS
FLOOD ZONE A AND WETLAND

BOWEN RD

FLOOD ZONE A AND WETLAND

FLOOD ZONE A AND WETLAND

EXISTING DISTRICT

FLOOD ZONE A AND WETLAND

FLOOD ZONE A AND WETLAND

1925 BARTOW ROAD	LAKELAND, FL 33801
OFFICE: (863) 940-2040	FAX: (863) 940-2044	CELL: (863) 662-0018 EMAIL: INFO@WOODCIVIL.COM

COMPOSITE EXHIBIT 8
ASTONIA COMMUNITY DEVELOPMENT DISTRICT DRAINAGE MAP
LEGEND
FLOW DIRECTION
N

NO SCALE

16"
EXPANSION PARCELS

16"

16"

EXISTING DISTRICT

LITTLE ZION RD

N

1925 BARTOW ROAD	LAKELAND, FL 33801
OFFICE: (863) 940-2040	FAX: (863) 940-2044	CELL: (863) 662-0018 EMAIL: INFO@WOODCIVIL.COM

LEGEND
COMPOSITE EXHIBIT 8
ASTONIA COMMUNITY DEVELOPMENT DISTRICT
EXISTING 12" WATER MAIN EXISTING 16" FORCE MAIN
EXISTING 16" RECLAIM WATER MAIN

NO SCALE
Composite Exhibit 9
Astonia Community Development District Summary of Probable Cost

Infrastructure (1)(9)(14)	Phase 1 (2020-2021)
 Existing District
191 Lots (10)	Phase 2 (2021-2022)
 Existing District
490 Lots (11)	Astonia North
(2021-2024)
Expansion 332 LOTS (12)	
Total 1013 Lots (13)	
Offsite Improvements (5)(6)	$ 650,000.00	$ 1,650,000.00	*$ 200,000.00	$ 2,500,000.00	
Stormwater Management (2)(3)(5)(6)	$1,350,000.00	$ 3,450,000.00	$2,300,000.00	$ 7,100,000.00	
Utilities (Water, Sewer, & Street
Lighting) (5)(6) (8)	$1,320,000.00	$ 3,380,000.00	$2,300,000.00	$ 7,000,000.00	
Roadway (4)(5)(6)	$ 790,000.00	$ 2,010,000.00	$1,370,000.00	$ 4,170,000.00	
Entry Feature (6)(7)	$ 310,000.00	$	790,000.00	$ 530,000.00	$ 1,630,000.00	
Parks and Recreational Facilities (1)(6)	$ 450,000.00	$ 1,150,000.00	*$ 720,000.00	$ 2,320,000.00	
Contingency	$ 210,000.00	$	590,000.00	$ 400,000.00	$ 1,200,000.00	
TOTAL	$5,080,000.00	$13,020,000.00	$7,820,000.00	$25,920,000.00	
Notes:
Infrastructure consists of offsite improvements, public roadway improvements, stormwater management facilities, master sanitary sewer lift station and utilities, entry feature, landscaping and signage, and parks and recreational facilities.
Excludes grading of each lot both for initial pad construction, lot finishing in conjunction with home construction, which will be provided by developer or homebuilder.
Includes stormwater pond excavation. Costs do not include transportation to or placement of fill on private property.
Includes sub-grade, base, asphalt paving, curbing, and civil/site engineering.
Includes subdivision infrastructure and civil/site engineering.
Estimates are based on 2021 cost.
Includes entry features, signage, hardscape, landscape, irrigation and buffer fencing.
CDD will enter into a Lighting Agreement with Duke Energy for the street light poles and lighting service. Only undergrounding of wire in public right-of-way and on District land is included.
Estimates based on Master Infrastructure to support development of 1013 lots.
73 – 40 foot wide lots and 118 - 50 foot wide lots
216 – 40 foot wide lots and 274 – 50 foot wide lots
139 – 40 foot wide lots and 193 - 50 foot wide lots.
428 – 40 foot wide lots and 585 – 50 foot wide lots.
All financed improvements will be on land owned by, or subject to a permanent easement for the benefit of the District or another
government entity.

*Not Part of the Astonia North project scope; costs allocated for benefit apportionment purposes only and will not be part of the Astonia North/North Parcel Assessment Area Project, but is included within the site construction and being constructed as part of the development of Assessment Area Two Project (Phase 2).
Composite Exhibit 10 Astonia CDD
Community Development District Summary of Proposed District Facilities

District Infrastructure	Construction	Ownership	Capital Financing*	Operation and Maintenance	
Offsite Improvements	District	County	District Bonds	County	
Stormwater Facilities	District	District	District Bonds	District	
Lift Stations/Water/Sewer	District	Polk County	District Bonds	Polk County	
Street Lighting/Conduit	District	**District	District Bonds	**District	
Road Construction	District	District	District Bonds	District	
Entry Feature & Signage	District	District	District Bonds	District	
Parks and Recreational
Facilities	District	District	District Bonds	District	

*Costs not funded by bonds will be funded by the developer.
** Street lighting/conduit shall be owned and maintained by the District or the District shall enter into a lease with Duke Energy.
LDRES-2020-33

73  72 71 70 69 68 67 66 65 64 63 62	61

WETLANDS "B" (0.031 AC.)

AMENITIES AREA (2.8± AC.)

WETLANDS "A" (0.085 AC.)

10
11
12
13

14
15
33
16
32	17
34	31	18

SITE BENCHMARK #6
SET NAIL BEHIND SIDEWALK
EL = 122.67'

WETLANDS "A" (0.708 AC.)

PROP. COMM.
9	(4.2 ACRES)
8	(MAX 70%
7	IMPERVIOUS)
6
5
4
3

SITE BENCHMARK #7
SET NAIL & DISK "LB 6846" IN SIDEWALK
EL = 125.64'

SITE BENCHMARK #8 SET NAIL
BEHIND SIDEWALK EL = 125.09'

SITE DATA:
NET PROJECT AREA:	159.93 ACRES TOTAL LOTS =	681 (100%) OR 4.3 DU/AC.

n

GRAPHIC SCALE

SCALE: 1 inch =200 ft.

COUNTY
Florida's Crossroads of Opportunity
Glenn Shiller 7/8/2020 7:51:17 AM

WETLANDS "G" (2.032 AC.)

74

75
78
76	79
77	80

EUCALYPTUS WAY

101

100
99

102

103
104

WETLANDS "D" (0.248 AC.)

35
51
36
50	37
49	38
48	39
47	40
30	19	2
29	20	1
28	21
27
22
26
23
25

PROP. COMM.

SITE BENCHMARK #9 SET NAIL
IN SIDEWALK
40' LOTS = 289 (42%)

50' LOTS = 392 (58%)

OPEN SPACE REQUIRED = 10% OF DEVELOPMENT = 159.93 AC x 0.10 = 15.99 AC

SWM POND 60

81	98
82	97
83	96
84	95
85	94

105
106
107
108
109

WETLANDS "E" (1.353 AC.)
60
59
46	41
45
42
44
43

24

468
469
470

513
512
511
510

514
515
516
517
518
(2.4 ACRES)
(MAX 70% IMPERVIOUS)
EL = 122.68'
PROVIDED OPEN SPACE SHOWN IN HATCHED AREAS	= 17.23 AC * WETLAND OPEN SPACE = 6.72 AC (39% OF OPEN SPACE REQUIRED)
UPLAND OPEN SPACE = 10.51 AC (61% OF OPEN SPACE REQUIRED)

WETLANDS "H" (1.761 AC.)

86

87

88
SWM POND 70

93	110
92	111
91	112
113

58
57
56	SWM POND 40
55

430
467
466
465
464
463

471
472
473
474
509
508
507
506
519
520

SITE BENCHMARK #10
SET NAIL IN SIDEWALK EL = 123.61'

SITE BENCHMARK #11
*THE AMOUNT OF OPEN SPACE DEPICTED ILLUSTRATES THIS PROJECT EXCEEDS THE REQUIREMENT FOR OPEN SPACE. MORE OPEN SPACE EXISTS PER COUNTY CODE BUT IT IS NOT SHOWN FOR CLARITY OF THE DRAWING.
89

90

CASCADE DRIVE

AMENITIES AREA (1.8± AC.)
114
115
116
117
118
54
53
52

310

355
354

356
357
358
359

429
428
427
426
431
432
433
434
435
462
461
460
459
475
476
477
478
479
505

504

503

502
SET NAIL & DISK "LB 6846"
IN SIDEWALK EL = 122.65'

40.0'

45.0'

10.0'

50.0' R/W

119
120
121
245 246 247 248 249 250 251 252 253 254

244 243 242 241 240 239 238 237 236 235 234

309
308
307

311
312
313
314
353
352
351
350
360
361
362
363
364

425

424

423
436
437
438
439
440
458

457

456

455
480
481
482
483

484

501

500

499

WETLANDS "J" (0.223 AC.)

* NOTES:

· MINIMUM BUILDING
5.0' TYP
TYP
TYP
20.0' TYP
122

123

124
125
126
127
128
129
130

131

132

BRISBANE PLACE

222 223 224 225 226 227 228 229 230 231 232 233

221 220 219 218 217 216 215 214 213 212 211 210 209

EYRE LOOP

196 197 198 199 200 201 202 203 204 205 206 207 208

SWM POND 80

275 276 277 278

EYRE LOOP

274 273 272 271 270

279
280
281
306
305
304
303

302
301

300
299
298
297
296
315

316

317

318

319

320
321
322
323
324
349

348
347
346
345
344

343
342
341
340
339

365

366

367

368

369

370
371
372
373
374
422

421
420
419
418
417

416
415
414
413
412

441
442
443

444

445

446

447

539

454

453
452
451
450

449

448

BLOOM TERRACE

485

486

487

488

489

490
498

497
496
495
494
493

492

491

521
522
523
524
525

526

527

528
SETBACK FOR A FRONT ENTRY GARAGE IS 20.0'.

· CONTRACTOR TO PLANT 2 TREES PER LOT.

5.0' TYP

10.0' TYP

133

134

195 194 193 192 191 190 189 188 187 186 185 184 183

265 266 267 268 269
282
283
295
294
325
326
338
337

375

376

411

410

540

541
538 537 536 535 534 533 532 531 530
529

135
136

DESERT ROSE DRIVE	DESERT ROSE DRIVE
284

285
293

292
327

328
336

335
377
378
409
408
542
543

SWM POND 50
137
138
139

140

141
170 171 172 173 174 175 176 177 178 179 180 181 182

169 168 167 166 165 164 163 162 161 160 159 158 157

CASCADE DRIVE
264 263 262 261 260

255 256 257 258 259

CASCADE DRIVE
286

287

288
291

290

289
329

330

331

CASCADE DRIVE
334

333

332
379

380
381

382

383
407

406

405

404

403
544

545

546

547

548

WETLANDS "K" (1.745 AC.)
LITTLE ZION RD.

PROPOSED TYPICAL 40' WIDE LOTS
N.T.S.

142

143 144 145 146 147 148 149 150 151 152 153 154 155 156
392 391 390 389 388 387 386 385 384
401 400 399 398 397 396 395
402	549

LITTLE ZION RD.

LITTLE ZION RD.

50.0'	55.0'

563 562 561 560 559 558 557 556 555 554 553 552 551 550
564

660 661 662 663 664 665

666

667

5.0' TYP

10.0' TYP

50.0' R/W TYP 20.0'
565

566
ORCHID DRIVE	LOTUS LOOP
668

669
PHASING NOTES:
* NOTES:

·
TYP

567

568

569

570
636 637 638 639 640 641 642 643 644 645 646 647 648

635 634 633 632 631 630 629 628 627 626 625 624
659 658 657 656 655 654

649 650 651 652 653

670
671
672

673
IF PHASED CONSTRUCTION CREATES A DEAD END ROAD GREATER THAN 150' FROM THE NEAREST CONSTRUCTED INTERSECTION, A TEMPORARY CUL-DE-SAC SHALL BE CONSTRUCTED. (SEE BELOW FOR TEMPORARY CUL-DE-SAC DETAIL/SECTION)
HOMES ON LOTS 44-51 ARE NOT TO BE CONSTRUCTED IN PHASE I. HOMES ON LOTS 44-51 WILL BE CONSTRUCTED IN PHASE II AND SERVED BY THE LIFT STATION
MINIMUM BUILDING SETBACK FOR A FRONT ENTRY GARAGE IS 20.0'.

· CONTRACTOR TO PLANT 2 TREES PER LOT.
571

572

623

602
LOTUS LOOP	LOTUS LOOP

601

675
674
CONSTRUCTED IN PHASE II.
5.0' TYP
10.0' TYP
573
574
575
576
577
578
579
580
581
622
621
620
619
618
617
616
615

614
603
604
605
606
607
608
609
610

611
600
599
598
597
596
595
594
593

592
681 680
679 678 677 676

AMENITIES AREA (2.0± AC.)
·	THE NEXT MANHOLE OUTSIDE OF THE CONSTRUCTED PHASE SHALL BE BUILT, ACCESSIBLE, AND STUBBED OUT FOR FUTURE CONNECTION.

R 50'

CONNECT TO THE END OF PHASED CONSTRUCTED PAVEMENT
R 25'

TEMPORARY CUL-DE-SAC

Date: June 12, 2020

Project No.: 19-013

Not Valid Without Engineer's Seal
582
613
612	591
590

PLAN VIEW

No. 53168

583

584 585 586 587

588
589
1
2

NOTES:
PROPOSED TYPICAL 50' WIDE LOTS
N.T.S.

STATE OF
SWM POND 90/100

7" CRUSHED CONCRETE/LIMEROCK (LBR 100), COMPACTED 98% AASHTO T180 METHOD "D".
8" TYPE B STABILIZED SUB-BASE, LBR = 40 F.D.O.T. SPEC. 160, COMPACTED TO 98% AASHTO T-180.
SECTION VIEW
TEMPORARY CUL-DE-SAC & ACCESS ROAD DETAIL/SECTION
NTS

IMPROVEMENTS SHOWN WITHIN AMENITIES AREAS ARE FOR INFORMATION PURPOSES ONLY. THE SPECIFIC FEATURES, LOCATION, QUANTITY & DESIGN WILL BE PROVIDED UNDER SEPARATE COVER.
ALL ADA RAMPS AND SIDEWALKS IN COMMON AREAS (NOT IN FRONT OF LOTS) SHALL BE CONSTRUCTED AS A PART OF THIS PROJECT.

This item has been digitally signed and sealed by Bryan A. Hunter using a digital signature on the date indicated. Printed copies of this
document are not considered signed and sealed and the signature must be verified on any electronic copies.

Bryan A. Hunter, P.E.	Date Reg. No. 53168
C.A. #8394
C104
 
COMPOSITE EXHIBIT B

Amended and Restated Master Assessment Methodology for Astonia Community Development District, dated April 14, 2021, as supplemented by the Supplemental Assessment Methodology – Assessment Area Two (Series 2021) and North Parcel Assessment Area (Series 2021), dated July 8, 2021

6

AMENDED AND RESTATED MASTER ASSESSMENT METHODOLOGY

FOR

ASTONIA
COMMUNITY DEVELOPMENT  DISTRICT

Date: April 14, 2021

Prepared by

Governmental Management Services - Central Florida, LLC 219 East Livingston St.
Orlando, FL 32801
Table of Contents
1.0 Introduction	3
Purpose	3
Background	4
Special Benefits and General Benefits	5
Requirements of a Valid Assessment Methodology	5
Special Benefits Exceed the Costs Allocated	6
2.0 Assessment Methodology	6
Overview	6
Allocation of Debt	6
Allocation of Benefit	7
Lienability Test: Special and Peculiar Benefit to the Property	7
Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments	8
True-Up Mechanism	8
Assessment Roll	9
Appendix	1O
Table 1: Development Program	1O
Table 2: Capital Improvement Cost Estimates	11
Table 3: Bond Sizing	12
Table 4: Allocation of Improvement Costs	13
Table 5: Allocation of Total Par Debt to Each Product Type	14
Table 6: Par Debt and Annual Assessments	15
Table 7: Preliminary Assessment Roll	16
GMS-CF, LLC does not represent the Astonia Community
Development District as a Municipal Advisor or Securities Broker nor is GMS-CF, LLC registered to provide such services as described in Section 158 of the
Securities and Exchange Act of 1934, as amended. Similarly, GMS-CF, LLC does not provide the Astonia Community Development District with financial
advisory services or offer investment advice in any form.
1.0	Introduction

The Astonia Community Development District (the "District") is a local unit of special-purpose government organized and existing under Chapter 190, Florida Statutes as amended. The District anticipates the issuance at this time of not to exceed $33,300,000 of tax exempt bonds in one or more series (the "Bonds") for the purpose of financing certain infrastructure improvements ("Capital Improvement Plan" or "CIP") within the District more specifically described in the First Amendment to the Engineer's Report dated for Capital Improvements prepared by Wood & Associates Engineering, LLC, and dated February 17, 2021 as may be amended and supplemented from time to time (the "Engineer's Report"). The District anticipates the construction of all or a portion of the Capital Improvement Plan ("Capital Improvements") that benefit property within the District.

Purpose

The Board of Supervisors ("Board") of the District previously approved the Master Assessment Methodology, dated February 13, 2020 (the "Master Report"). The Master Report established an assessment methodology the District Followed to allocate debt assessments to properties within the District benefitting from the District's CIP. Such assessments secure repayment of the Bonds. The District also previously adopted as a supplement to the Master Report, at the time of the issuance of the District's $3,830,000 Capital Improvement Revenue Bonds, Series 2020 (" Assessment Area One Bonds"), Supplemental Assessment Methodology report dated September 3, 2020 ("Series 2020 Supplemental Report"). The Series 2020 Supplemental Report applied the methodology to the details of the Assessment Area One Bonds to allocate debt assessments ("Assessment Area One Special Assessments") to properties within the District to secure the repayment of the Assessment Area One Bonds. This Assessment Report does not effect the Assessment Area One Special Assessments securing the Assessment Area One Bonds.

The methodology established by the Master Report allocated debt assessments to planned future units of residential product types. Since adoption of the Master Report, there have been expansions to add new parcels within the District, such that not all of the assumed planned lots found in the Master Report represent the development planned for the District and so must be revised. Specifically, the revised development plan revises the unit mix to include additional 332 lots in Astonia North, as indicated in the Engineers Report in Composite Exhibit 9.

This Amended and Restated Master Assessment Report amends and restates the original approved Master Report (collectively, the "Assessment Report") and provides for an updated assessment methodology that reflects changes in the future development plan, including the new Astonia North lots. The revised development plan increases the total ERUs (hereinafter defined) planned for the
District, thereby reducing the maximum assessment levels of all of the product types. The Assessment Area One Special Assessments are not anticipated to be allocated to any of the new product types; however, the maximum principal for the Assessment Area One Special Assessments will be reduced to the levels provided herein.
This Assessment Report continues to allocate the debt to properties based on the special benefits each receives from the Capital Improvement Plan. This Assessment Report will be supplemented with one or more supplemental methodology reports to reflect the actual terms and conditions at the time of the issuance of each series of Bonds issued to finance all or a portion of the Capital Improvement Plan. It is anticipated that the District will issue multiple series of Bonds to fund all or a portion of the Capital Improvement Plan. This Assessment Report is designed to conform to the requirements of Chapters 190 and 170, Florida Statutes with respect to special assessments and is consistent with our understanding of case law on this subject.
The District intends to impose non ad valorem special assessments on the benefited lands within the District based on this Assessment Report. It is anticipated that all of the proposed special assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes or any other legal means available to the District. It is not the intent of this Assessment Report to address any other assessments, if applicable, that may be levied by the District, a homeowner' s association, or any other unit of government.

Background

The District currently includes approximately 267.15 acres in Polk County, Florida. The revised development program for the District currently envisions approximately 1,013 residential units. The proposed development program is depicted in Table 1. It is recognized that such land use plan may change, and this Assessment Report will be modified or supplemented accordingly.

The improvements contemplated by the District in the Capital Improvement Plan will provide facilities that benefit certain property within the District. Specifically, the District will construct and/ or acquire certain offsite improvements, storrnwater management facilities, utility facilities, roadways, entry features, and park and recreational facilities. The acquisition and construction costs are summarized in Table 2.

The assessment methodology is a four-step process.
The District Engineer must first determine the public infrastructure improvements that may be provided by the District and the costs to implement the Capital Improvement Plan.
The District Engineer determines the assessable acres that benefit from the District's Capital Improvement Plan.
A calculation is made to determine the funding amounts necessary to acquire and/ or construct the Capital Improvement Plan.
This amount is initially divided equally among the benefited properties on a prorated assessable acreage basis. Ultimately, as land is platted, this amount will be assigned to each of the benefited properties based on the number of platted units.

Special Benefits and General Benefits

Improvements undertaken by the District create special and peculiar benefits to the property, different in kind and degree than general benefits, for properties within its borders as well as general benefits to the public at large.

However, as discussed within this Assessment Report, these general benefits are incidental in nature and are readily distinguishable from the special and peculiar benefits, which accrue to property within the District. The implementation of the Capital Improvement Plan enables properties within the boundaries of the District to be developed. Without the District's Capital Improvement Plan, there would be no infrastructure to support development of land within the District. Without these improvements, development of the property within the District would be prohibited bylaw.

There is no doubt that the general public and property owners outside of the District will benefit from the provision of the Capital Improvement Plan. However, these benefits will be incidental for the purpose of the Capital Improvement Plan, which is designed solely to meet the needs of property within the District. Properties outside of the District boundaries do not depend upon the District's Capital Improvement Plan. The property owners within the District are therefore receiving special benefits not received by those outside the District's boundaries.

Requirements of a Valid Assessment Methodology

There are two requirements under Florida law for a valid special assessment:

The properties must receive a special benefit from the improvements being paid for.
The assessments must be fairly and reasonably allocated to the properties being assessed based on the special benefit such properties receive.
Florida law provides for a wide application of special assessments that meet these two characteristics of special assessments.

Special Benefits Exceed the Costs Allocated

The special benefits provided to the property owners within the District will be greater than the costs associated with providing these benefits. The District Engineer estimates that the District's Capital Improvement Plan that is necessary to support full development of property within the District will cost approximately $25,920,000. The District's Underwriter projects that financing costs required to fund a portion of the Capital Improvement Plan costs, the cost of issuance of the Bonds, the funding of a debt service reserve account and capitalized interest, will be approximately
$33,300,000. Without the Capital Improvement Plan, the property within the District would not be able to be developed and occupied by future residents of the community.

2.0	Assessment Methodology

Overview

The District anticipates issuing approximately $33,300,000 in Bonds in one or more series to fund a portion of the District's entire Capital Improvement Plan, provide for capitalized interest, a debt service reserve account and pay cost of issuance. It is the purpose of this Assessment Report to allocate the $33,300,000 in debt to the properties within the District benefiting from the Capital Improvement Plan. This report will be supplemented to reflect actual bond terms.

Table 1 identifies the land uses as identified by the developer within the District. The District has commissioned an Engineer's Report that includes estimated construction costs for the Capital Improvement Plan needed to support the development, which construction costs are outlined in Table 2. The improvements needed to support the development are described in detail in the Engineer's Report and are estimated to cost
$25,920,000. Based on the estimated costs, the size of the bond issue under current market conditions needed to generate funds to pay for a portion of the Capital Improvement Plan and related costs was determined by the District's Underwriter to total approximately $33,300,000. Table 3 shows the breakdown of the bond sizing.

Allocation of Debt

Allocation of debt is a continuous process until the development plan for the District is completed. Until the platting process occurs, the Capital Improvement Plan funded by District bonds benefits all acres equally within the District.

The initial assessments will be levied on an equal basis to all gross acreage within the District. A fair and reasonable methodology allocates the debt incurred by the District
proportionately to the properties receiving the special benefits. At this point all of the lands within the District are benefiting equally from the improvements.

Once platting or the recording of a declaration of condominium of any portion of the District into individual lots or units ("Assigned Properties") has begun, the assessments will be levied to the Assigned Properties based on the benefits they receive, on a first platted, first assigned basis. The "Unassigned Properties" defined as property that has not been platted or subjected to a declaration of condominium, will continue to be assessed on a per acre basis. Eventually the development plan will be completed and the debt relating to the bonds will be allocated to the platted units within the District, which are the beneficiaries of the Capital Improvement Plan, as depicted in Table 5 and Table 6. If there are changes to development plan, a true up of the assessment will be calculated to determine if a debt reduction or true-up payment from the Developer is required. The process is outlined in Section 3.0.

The assignment of debt in this Assessment Report sets forth the process by which debt is apportioned. As mentioned herein, this Assessment Report will be supplemented from time to time.

Allocation of Benefit

The Capital Improvement Plan consists of offsite improvements, stormwater management facilities, utility facilities, roadways, entry features, and park and recreational facilities and professional fees along with related incidental costs. There are two product types within the planned development. The single family 50' home has been set as the base unit and has been assigned one equivalent residential unit ("ERU"), with singe family 40' being set at .8 ERU. Table 4 shows the allocation of benefit to the particular land uses. It is important to note that the benefit derived from the improvements on the particular units exceeds the cost that the units will be paying for such benefits.

Lienability Test: Special and Peculiar Benefit to the Property

Construction and/ or acquisition by the District of its proposed Capital Improvement Plan will provide several types of systems, facilities and services for its residents. These include offsite improvements, stormwater management facilities, utility facilities, roadways, entry features, and park and recreation facilities. These improvements accrue in differing amounts and are somewhat dependent on the type of land use receiving the special benefits peculiar to those properties, which flow from the logical relationship of the improvements to the properties.

Once these determinations are made, they are reviewed in the light of the special benefits peculiar to the property, which flow to the properties as a result of their logical connection from the improvements in fact actually provided.
For the provision of the Capital Improvement Plan, the special and peculiar benefits are:

the added use of the property,
added enjoyment of the property, and
the probability of increased marketability and value of the property.

These special and peculiar benefits are real and ascertainable, but are not yet capable of being calculated as to value with mathematical certainty. However, each is more valuable than either the cost of, or the actual non-ad valorem special assessment levied for the improvement or the debt as allocated.

Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments

A reasonable estimate of the proportion of special and peculiar benefits received from the public improvements described in the Engineer's Report is delineated in Table 5 (expressed as Allocation of Par Debt per Product Type). This is also shown on Table 7 depicting Allocation of Par Debt per Product Type.

The determination has been made that the duty to pay the non-ad valorem special assessments is fairly and reasonably apportioned because the special and peculiar benefits to the property derived from the acquisition and/ or construction of Capital Improvement Plan have been apportioned to the property within the District according to reasonable estimates of the special and peculiar benefits provided consistent with the land use categories.

Accordingly, no acre or parcel of property within the boundaries of the District will have a lien for the payment of any non-ad valorem special assessment more than the determined special benefit peculiar to that property and therefore, the debt allocation will not be increased more than the debt allocation set forth in this Assessment Report.

In accordance with the benefit allocation suggested for the product types in Table 4, a total debt per unit and an annual assessment per unit have been calculated for each product type (Table 6). These amounts represent the preliminary anticipated per unit debt allocation assuming all anticipated units are built and sold as planned, and the entire proposed Capital Improvement Plan is constructed.

3.0	True Up Mechanism

Although the District does not process plats, declaration of condominiums, site plans or revisions thereto for the developer, it does have an important role to play during the course of platting and site planning. Whenever a plat, declaration of condominium
or site plan is processed, the District must allocate a portion of its debt to the property according to this Assessment Report outlined herein. In addition, the District must also prevent any buildup of debt on Unassigned Properties. Otherwise, the land could be fully conveyed and/ or platted without all of the debt being allocated. To preclude this, when platting for 25%, 50%, 75% and 100% of the units planned for platting has occurred within the District, the District will determine the amount of anticipated assessment revenue that remains on the Unassigned Properties, taking into account the full development plan of the District. If the total anticipated assessment revenue to be generated from the Assigned and Unassigned Properties is greater than or equal to the maximum annual debt service then no debt reduction or true-up payment is required. In the case that the revenue generated is less then the required amount then a debt reduction or true-up payment by the landowner in the amount necessary to reduce the par amount of the outstanding bonds plus accrued interest to a level that will be supported by the new net annual debt service assessments will be required.

If a true-up payment is made less than 45 days prior to an interest payment date, the amount of accrued interest will be calculated to the next succeeding interest payment date.

4.0	Assessment Roll

The District will initially distribute the liens across the property within the District boundaries on a gross acreage basis. As Assigned Properties becomes known with certainty, the District will refine its allocation of debt from a per acre basis to a per unit basis as shown in Table 6. If the land use plan changes, then the District will update Table 6 to reflect the changes as part of the foregoing true-up process. As a result, the assessment liens are neither fixed nor are they determinable with certainty on any acre of land in the District prior to the time final Assigned Properties become known. The current assessment roll is attached as Table 7.

Phase 1	Phase 2 - Phase 2 Astonia North - North	Total Assessible
Land Use	Assessment Area	Assessment Area Parcel Assessment Area	Units	 ERUs per Unit(1)	Total ERUs

	Single Family - 41	73	216	139	428	0.80	342		
	Single Family - 5<	118	274	193	585	1.00	585		
	Total Units	191	490	332	1,013		927		

(1) Benefit is allocated on an ERU basis; based on density of planned development, with Single Family 50' = 1 ERU

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 2
ASTONIA COMMUNITY DEVELOPMENT DISTRICT CAPITAL IMPROVEMENT PLAN COST ESTIMATES
AMENDED AND RESTATED MASTER ASSESSMENT METHODOLOGY		
		
Capital Improvement Plan ("CIP") (1)	Cost Estimate	

Offsite Improvements	
$	2,500,000	
Stormwater Management	$	7,100,000	
Utilities (Water, Sewer, & Street Lighting)	$	7,000,000	
Roadway	$	4,170,000	
Entry Feature	$	1,630,000	
Parks and Recreation	$	2,320,000	
Contingencies	$	1,200,000	

	$	25,920,000 

(1) A detailed description of these improvements is provided in the First Amendment to the Engineer's Report dated February 17, 2021, supplementing Engineer's Report for Capital Improvements, dated May 14, 2020.

Prepared by: Governmental Management Services - Central Florida, LLC

Description Construction Funds Debt Service Reserve Capitalized Interest Underwriters Discount Cost of Issuance Contingency

Par Amount*
Total
$	25,920,000
$	2,419,209
$	3,996,000
$	666,000
$	220,000
$	78,791

$	33,300,000

Bond Assumptions:

* Par amount is subject to change based on the actual terms at the sale of the bonds

Prepared by: Governmental Management Services - Central Florida, LLC

% ofTotal		Total Improvements	Improvement Costs Land Use	No. of Units *	ERU Factor Total ERUs	ERUs	 Costs Per Product Type			Per Unit

	Single Family - 40'	428	0.8	342	36.92%	$	9,569,774	$	22,359		
	Single Family - 50'	585	1.00	585	63.08%	$	16,350,226	$	27,949		
	Totals	1,013		927	100.00%	$	25,920,000			

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Land Use	No. of Units*	Total Improvements Costs Per Product
Type	Allocation of Par Debt Per Product
Type	

Par Debt Per Unit		

Single Family- 40'	
428	
$	9,569,774	
$	12,294,501	
$	28,725	
Single Family- 50'	585	$	16,350,226	$	21,005,499	$	35,907	

Totals	1,013	$	25,920,000	$	33,300,000

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Allocation of Par Debt Per Product
Land Use	No. of Units* 		Type	

Total Par Debt Per Unit	
Maximum Annual Debt Service	Net Annual Debt Assessment
Per Unit	Gross Annual Debt Assessment
Per Unit (1)				
Single Family - 40'	428	$	12,294,501	$	28,725	$	893,182	$	2,087	$	2,244	
Single Family - 50'	585	$	21,005,499	$	35,907	$	1,526,027	$	2,609	$	2,805	

Totals	
1,013	
$	33,300,000		s	
2,419,209			

(1) This amount includes estimated collection fees and early payment discounts when collected on the Polk County Tax Bill

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

TABLE 7
ASTONIA COMMUNITY DEVELOPMENT DISTRICT PRELIMINARY ASSESSMENT ROLL
AMENDED AND RESTATED MASTER ASSESSMENT METHODOLOGY						
						
		Total Par Debt		Net Annual Debt	Gross Annual	
		Allocation Per	Total Par Debt	Assessment	Debt Assessment	
Owner	Property ID #'s*	Acres	Acre	Allocated	Allocation	Allocation (1)	

Ernie Caldwell Properties LLC	27-26-22-000000-033010	
23.88	
$	124,649	
$	2,976,620	
$	216,248	
$	232,525	
Ernie Caldwell Properties LLC	27-26-22-000000-031050	24.49	$	124,649	$	3,052,656	$	221,772	$	238,465	
Ernie Caldwell Properties LLC	27-26-22-000000-034010	39.86	$	124,649	$	4,968,512	$	360,957	$	388,126	
Ernie Caldwell Properties LLC	27-26-22-000000-032010	36.66	$	124,649	$	4,569,635	$	331,979	$	356,967	
Ernie Caldwell Properties LLC	27-26-22-000000-043010	29.97	$	124,649	$	3,735,733	$	271,397	$	291,825	
Astonia North, LLC	27-26-15-000000-043010**	27.13	$	124,649	$	3,381,729	$	245,679	$	264,171	
Astonia North, LLC	27-26-15-000000-041000	39.01	$	124,649	$	4,862,560	$	353,260	$	379,849	
Astonia North, LLC	27-26-15-000000-023000	39.56	$	124,649	$	4,931,117	$	358,240	$	385,205	
Astonia North, LLC	27-26-15-000000-042010	6.59	$	124,649	$	821,437	$	59,677	$	64,168	
Totals	267.15	$   33,300,000	$	2,419,209 	$	2,601,300		

(1) This amount includes an estimated 7% to cover collection fees and early payment discounts when collected utilizing the uniform method.

* - See Metes and Bounds, attached as Exhibit A
** - Only a portion of this parcel in CDD Boundaries

Prepared by: Governmental Management Services - Central Florida, LLC
AMENDED DISTRICT LEGAL DESCRIPTION
BEGIN AT THE NW CORNER OF THE NE 1/4 OF THE NW 1/4 OF SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST, POLK COUNTY, FLORIDA; THENCE RUN N89°38'14"E ALONG THE NORTH LINE OF SAID SECTION 22 A DISTANCE OF 708.93 FEET; THENCE S02°00'48"E A DISTANCE OF 31.96 FEET TO A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 28"43'45", WITH A RADIUS OF 1385.00 FEET, WITH A CHORD BEARING OF S16"22'40"E, WITH A CHORD LENGTH OF 687.21 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 694.46 FEET; THENCE N57"11'19"E A DISTANCE OF 285.23 FEET TO A POINT ON THE WEST RIGHT OF WAY OF ERNIE CALDWELL BOULEVARD, SAID POINT ALSO BEING ON A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 05°12'38", WITH A RADIUS OF 1100.00 FEET, WITH A CHORD BEARING OF S32°48'41"E, WITH A CHORD LENGTH OF 100.00 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 100.03 FEET; THENCE LEAVING SAID RIGHT OF WAY RUN S57"11'19"W A DISTANCE OF 285.23 FEET TO A CURVE TURNING TO THE LEFT WITH A DELTA ANGLE OF 21°30'05", WITH A RADIUS OF 1385.00 FEET, WITH A CHORD BEARING OF S45"37'51"E, WITH A CHORD LENGTH OF 516.70 FEET; THENCE RUN ALONG SAID CURVE AN ARC LENGTH OF 519.75 FEET; THENCE S00°34'03"E A DISTANCE OF 1126.63 FEET TO THE NORTH MAINTAINED RIGHT OF WAY OF LITTLE ZION ROAD; THENCE RUN ALONG SAID NORTH RIGHT OF WAY THE FOLLOWING 29 COURSES; 1) N86°53'43"W A DISTANCE OF 12.69 FEET; 2)THENCE N87°23'02"W A DISTANCE OF 65.40 FEET; 3)THENCE S87°44'53"W A DISTANCE OF 34.73 FEET; 4)THENCE S82"19'26"W A DISTANCE OF
41.07 FEET; 5)THENCE S73"10'25"W A DISTANCE OF 16.81 FEET; G)THENCE S70"46'24"W A DISTANCE OF 24.09 FEET;
7)THENCE S70°28'57"W A DISTANCE OF 16.64 FEET; 8)THENCE S61°58'48"W A DISTANCE OF 36.62 FEET; 9)THENCE S57"16'53"W A DISTANCE OF 63.50 FEET; 10)THENCE S46"20'51"W A DISTANCE OF 35.85 FEET; 11)THENCE S35°40'32"W A DISTANCE OF 14.37 FEET; 12)THENCE S35°36'06"W A DISTANCE OF 15.07 FEET; 13)THENCE S29°16'16"W A DISTANCE OF
33.67 FEET; 14)THENCE S28"02'33"W A DISTANCE OF 100.08 FEET; 15)THENCE S29"35'32"W A DISTANCE OF 41.20 FEET;
16)THENCE S37"51'45"W A DISTANCE OF 60.25 FEET; 17)THENCE S48°18'53"W A DISTANCE OF 16.90 FEET; 18)THENCE S56"17'21"W A DISTANCE OF 18.08 FEET; 19)THENCE S62°22'59"W A DISTANCE OF 10.29 FEET; 20)THENCE S89"37'17"W A DISTANCE OF 165.14 FEET; 21)THENCE S00°24'07"E A DISTANCE OF 17.27 FEET; 22)THENCE S89°49'44"W A DISTANCE OF 51.17_FEET; 23)THENCE S89°15'22"W A DISTANCE OF 100.01 FEET; 24)THENCE S89°42'52"W A DISTANCE OF 100.00 FEET;
25)THENCE S89°25'40"W A DISTANCE OF 100.00 FEET; 26)THENCE S89"18'48"W A DISTANCE OF 100.00 FEET; 27)THENCE S89"35'59"W A DISTANCE OF 100.00 FEET; 28)THENCE S89°42'52"W A DISTANCE OF 100.00 FEET; 29)THENCE S89"35'59"W A DISTANCE OF 11.74 FEET; THENCE LEAVING SAID NORTH RIGHT OF WAY RUN S00°31'51"E A DISTANCE OF 672.83 FEET; THENCE S89°33'56"W A DISTANCE OF 663.12 FEET; THENCE S00°30'40"E A DISTANCE OF 661.24 FEET TO THE SOUTH LINE OF THE NW 1/4 OF THE SW 1/4 OF SAID SECTION 22; THENCE S89°31'59"W ALONG SAID SOUTH LINE A DISTANCE OF
663.35 FEET TO THE WEST LINE OF SAID SECTION 22; THENCE RUN ALONG SAID WEST LINE THE FOLLOWING 3 COURSES; 1) N00°29'28"W A DISTANCE OF 1323.24 FEET; 2) THENCE N00°09'33"W A DISTANCE OF 1322.55 FEET; 3) THENCE N00°09'33"W A DISTANCE OF 792.10 FEET TO THE NORTH LINE OF THE SOUTH 24 ACRES OF THE NW 1/4 OF THE NW 1/4 OF SAID SECTION 22; THENCE N89°37'27"E ALONG SAID NORTH LINE A DISTANCE OF 1318.54 FEET TO THE WEST LINE OF THE NE 1/4 OF THE NW 1/4 OF SAID SECTION 22; THENCE N00°20'51"W ALONG SAID WEST LINE A DISTANCE OF 529.36 FEET RETURNING TO THE POINT OF BEGINNING, LESS MAINTAINED RIGHT OF WAY FOR LITTLE ZION ROAD.

AND

A PARCEL OF LAND LOCATED IN SECTION 15, TOWNSHIP 26 SOUTH, RANGE 27 EAST, POLK COUNTY, FLORIDA, BEING A PORTION OF THE LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 1346, PAGE 771, PUBLIC RECORDS OF POLK COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCE AT THE NORTHWEST CORNER OF SW 1/4 OF SAID SECTION 15; THENCE WITH THE NORTH LINE OF SW 1/4 OF SAID SECTION 15, N89"30'30"E, A DISTANCE OF 516.39 FEET TO THE POINT OF BEGINNING; THENCE CONTINUE WITH THE NORTH LINE OF SW 1/4 OF SAID SECTION 15, N89°30'30"E, A DISTANCE OF 1291.38 FEET TO THE SOUTHERLY MAINTAINED RIGHT-OF-WAY LINE OF BOWEN ROAD (PER MAP BOOK 3, PAGES 60-68); THENCE LEAVING SAID NORTH LINE OF SW 1/4 OF SAID SECTION 15, RUN WITH SAID SOUTHERLY MAINTAINED RIGHT-OF-WAY LINE THE FOLLOWING TWENTY (20) COURSES:
-	-
EXHIBIT 4
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AMENDED  DISTRICT LEGAL DESCRIPTION
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...	_)	'	tngineering, LLC
1925 BARTOW ROAD	LAKELAND, FL 33801
OFACE: (863) 940-2040	FAX: (863) 940-2044	CELL: (863) 662-0018	17
EMAIL: INFO@WOODQVILCOM
ASTONIA COD
PAGE 1 OF 2
AMENDED DISTRICT LEGAL DESCRIPTION

(1) N89"42'1l"E, A DISTANCE OF 21.42 FEET; (2) S82"16'47"E, A DISTANCE OF 54.70 FEET; (3) N87°32'02"E, A DISTANCE OF
100.04 FEET; (4) N89"49'31"E, A DISTANCE OF 100.01 FEET; (5) N89"15'08"E, A DISTANCE OF 100.00 FEET; (6) N88°06'24"E, A DISTANCE OF 100.02 FEET; (7) S89°36'07"E, A DISTANCE OF 52.28 FEET; (8) S00°19'33"W, A DISTANCE OF 11.91 FEET; (9) N88°13'01"E, A DISTANCE OF 53.31 FEET; (10) N89"50'01"E, A DISTANCE OF 234.97 FEET; (11) N89"38'12"E, A DISTANCE OF
111.35 FEET; (12) N89"35'06"E, A DISTANCE OF 194.59 FEET; (13) N89"21'51"E, A DISTANCE OF 197.92 FEET; (14) N89"11'50"E, A DISTANCE OF 95.71 FEET; (15) N89°25'14"E, A DISTANCE OF 276.53 FEET; (16) S89"54'44"E, A DISTANCE OF
105.69 FEET; (17) N88°22'31"E, A DISTANCE OF 178.41 FEET; (18) N89°04'43"E, A DISTANCE OF 49.78 FEET; (19) N89"12'03"E, A DISTANCE OF 103.74 FEET; (20) S88°47'42"E, A DISTANCE OF 0.99 FEET TO THE EAST LINE OF THE NW 1/4 OF THE SE 1/4 OF SAID SECTION 15; THENCE S00°16'24"E ALONG SAID EAST LINE, A DISTANCE OF 1315.97 FEET TO THE SOUTHEAST CORNER OF THE NW 1/4 OF THE SE 1/4 OF SAID SECTION 15; THENCE S89°34'34"W ALONG THE SOUTH LINE OF THE NW 1/4 OF THE SE 1/4 OF SAID SECTION 15, A DISTANCE OF 1314.94 FEET TO THE SOUTHWEST CORNER OF THE NW 1/4 OF THE SE 1/4 OF SAID SECTION 15; THENCE S00°14'1l"E ALONG THE WEST LINE OF THE SW 1/4 OF THE SE 1/4, A DISTANCE OF 851.21 FEET; THENCE LEAVING SAID WEST LINE, S89°48'35"W, A DISTANCE OF 127.79 FEET TO THE NORTHERLY RIGHT-OF-WAY LINE OF ERNIE CALDWELL BOULEVARD (VARIABLE-WIDTH RIGHT OF WAY PER OFFICIAL RECORDS BOOK 9308, PAGE 2093, PUBLIC RECORDS OF POLK COUNTY, FLORIDA); THENCE WITH SAID NORTHERLY RIGHT-OF-WAY LINE THE FOLLOWING TWELVE (12) COURSES, (1) NORTHWESTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 1115.00 FEET, A CENTRAL ANGLE OF 21°57'59" AND A CHORD BEARING AND DISTANCE OF N19°05'13"W, 424.86 FEET) FOR AN ARC DISTANCE OF 427.47 FEET TO A POINT OF NON-TANGENCY; (2) S59"55'48"W, A DISTANCE OF 5.00 FEET TO A TO A POINT OF NON-TANGENCY; (3) NORTHWESTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 1110.00 FEET, A CENTRAL ANGLE OF 20°03'13" AND A CHORD BEARING AND DISTANCE OF N40"05'48"W, 386.52 FEET) FOR AN ARC DISTANCE OF
388.50 FEET TO A POINT OF NON-TANGENCY; (4) S39°52'36"W, A DISTANCE OF 20.00 FEET TO A TO A POINT OF NON-TANGENCY; (5) NORTHWESTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 1090.00 FEET, A CENTRAL ANGLE OF 17°11'19" AND A CHORD BEARING AND DISTANCE OF N58"43'04"W,
325.77 FEET) FOR AN ARC DISTANCE OF 327.00 FEET TO A POINT OF NON-TANGENCY; (6) N22"41'17"E, A DISTANCE OF
10.00 FEET TO A TO A POINT OF NON-TANGENCY; (7) NORTHWESTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 1100.00 FEET, A CENTRAL ANGLE OF 22°59'56" AND A CHORD BEARING AND DISTANCE OF N78"48'42"W, 438.59 FEET) FOR AN ARC DISTANCE OF 441.55 FEET TO A POINT OF TANGENCY; (8) S89"41'20"W, A DISTANCE OF 68.60 FEET; (9) S00°18'40"E, A DISTANCE OF 10.00 FEET; (10) S89°41'20"W, A DISTANCE OF
480.00 FEET; (11) N00°18'40"W, A DISTANCE OF 10.00 FEET; (12) S89°41'20"W, A DISTANCE OF 298.97 FEET; THENCE LEAVING SAID NORTHERLY RIGHT-OF-WAY LINE, N00°19'00"W, A DISTANCE OF 351.40 FEET TO A POINT OF NON-TANGENCY; THENCE NORTHWESTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE RIGHT (SAID CURVE HAVING A RADIUS OF 150.00 FEET, A CENTRAL ANGLE OF 33°33'26" AND A CHORD BEARING AND DISTANCE OF N17"05'23"W, 86.60 FEET) FOR AN ARC DISTANCE OF 87.85 FEET TO A POINT OF TANGENCY; THENCE N00°19'00"W, A DISTANCE OF 786.18 FEET TO THE POINT OF BEGINNING.

AMENDED DISTRICT CONTAINS APPROXIMATELY 267.15 ACRES MORE OR LESS.

-
-
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't??;-?✓	c..x Assoc1ATEs
	)  '------- Engineering, LLC
-
-
EXHIBIT 4
AMENDED DISTRICT LEGAL DESCRIPTION ASTONIA COD

1925 BARTOW ROAD	LAKELAND, FL 33801
OFFICE: (863) 940-2040	FAX: (863) 940-2044	CELL: (863) 662-0018	18
EMAIL: INFO@WOODOV!LCOM
PAGE 2 OF 2

SUPPLEMENTAL ASSESSMENT METHODOLOGY -
ASSESSMENT AREA TWO (SERIES 2021) AND
NORTH PARCEL ASSESSMENT AREA (SERIES 2021)

FOR

ASTONIA
COMMUNITY DEVELOPMENT DISTRICT

Date: July 8, 2021

Prepared by

Governmental Management Services - Central Florida, LLC 219 East Livingston St.
Orlando, FL 32801
Table of Contents
1.0 Introduction	3
Purpose	3
Background	3
Special Benefits and General Benefits	4
Requirements of a Valid Assessment Methodology	5
Special Benefits Exceed the Costs Allocated	5
2.0 Assessment Methodology	6
Overview	6
Allocation of Debt	6
Allocation of Benefit	7
Lienability Test: Special and Peculiar Benefit to the Property	7
Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments	8
True-Up Mechanism	8
Assessment Roll	9
Appendix	10
Table 1: Development Program	10
Table 2: Capital Improvement Cost Estimates	11
Table 3: Bond Sizing	12
Table 4: Allocation of Improvement Costs	13
Table 5: Allocation of Total Par Debt to Each Product Type	14
Table 6: Par Debt and Annual Assessments	15
Table 7: Preliminary Assessment Roll	16
GMS-CF, LLC does not represent the Astonia Community
Development District as a Municipal Advisor or Securities Broker nor is GMS-CF, LLC registered to provide such services as described in Section 15B of the
Securities and Exchange Act of 1934, as amended. Similarly, GMS-CF, LLC does not provide the Astonia Community Development District with financial
advisory services or offer investment advice in any form.
1.0	Introduction

The Astonia Community Development District (the "District") is a local unit of special-purpose government organized and existing under Chapter 190, Florida Statutes as amended. The District has issued $17,220,000 of tax exempt bonds (the "Bonds") for the purpose of financing certain Assessment Area Two infrastructure improvements and Astonia North Assessment Area infrastructure improvements (collectively known as "Capital Improvement Plan") within Assessment Area Two and Astonia North Assessment Area of the District more specifically described as Phase 2 , and Astonia North in the First Amendment to the Master Engineer's Report dated February 17, 2021 prepared by Wood & Associates Engineering, LLC, as may be amended and supplemented from time to time (the "Engineer's Report"). The District anticipates the construction of all or a portion of the Capital Improvement Plan that benefit property within the Assessment Area Two and Astonia North Assessment Area of the District.

Purpose

This Supplemental Assessment Methodology (the"Assessment Report") supplements the Amended and Restated Master Assessment Methodology, dated April 14, 2021. The Assessment Report provides for an assessment methodology that allocates the debt to be incurred by the District to benefiting properties within Assessment Area Two and Astonia North Assessment Area of the District. This Assessment Report allocates the debt to properties based on the special benefits each receives from the Capital Improvement Plan. This Assessment Report may be supplemented with one or more supplemental methodology reports to reflect the actual terms and conditions at the time of the issuance of each series of Bonds issued to finance all or a portion of the Capital Improvement Plan. Tius Assessment Report is designed to conform to the requirements of Chapters 190, 197 and 170, Florida Statutes with respect to special assessments and is consistent with our understanding of case law on this subject.

The District intends to impose non ad valorem special assessments on the benefited lands within Assessment Area Two of the District based on this Assessment Report. It is anticipated that all of the proposed special assessments will be collected through the Uniform Method of Collection described in Chapter 197.3632, Florida Statutes or any other legal means available to the District. It is not the intent of this Assessment Report to address any other assessments, if applicable, that may be levied by the District, a homeowner's association, or any other unit of government.

Background

The District currently includes approximately 267.15 acres in Polk County, Florida. Assessment Area Two consists of approximately 109.036 acres. The development program for Assessment Area Two of the District the District currently envisions approximately 490 residential units. Astonia North Assessment Area consists of
approximately 107.219 acres. The development program for Astonia North Assessment Area currently envisions approximately 332 residential units. The proposed development program is depicted in Table 1. It is recognized that such land use plan may change, and this Assessment Report will be modified or supplemented accordingly.

The improvements contemplated by the District in the Capital Improvement Plan will provide facilities that benefit certain property within the District. Specifically, the District will construct and/ or acquire certain offsite improvements, stormwater management facilities, utility facilities, roadways, entry features, and park and recreational facilities. The acquisition and construction costs are summarized in Table 2.

The assessment methodology is a four-step process.

The District Engineer must first determine the public infrastructure improvements that may be provided by the District and the costs to implement the Capital Improvement Plan.
The District Engineer determines the assessable acres that benefit from the District's Capital Improvement Plan.
A calculation is made to determine the funding amounts necessary to acquire and/ or construct the Capital Improvement Plan.
This amount is initially divided equally among the benefited properties on a prorated assessable acreage basis. Ultimately, as land is platted, this amount will be assigned to each of the benefited properties based on the number of platted units.

Special Benefits and General Benefits

Improvements undertaken by the District create special and peculiar benefits to the property, different in kind and degree than general benefits, for properties within its borders as well as general benefits to the public at large.

However, as discussed within this Assessment Report, these general benefits are incidental in nature and are readily distinguishable from the special and peculiar benefits, which accrue to property within the District. The implementation of the Capital Improvement Plan enables properties within the boundaries of Assessment Area Two and the Astonia North Assessment Area of the District to be developed. Without the District's Capital Improvement Plan, there would be no infrastructure to support development of land within Assessment Area Two and Astonia North Assessment Area of the District. Without these improvements, development of the property within Assessment Area Two and Astonia North Assesment Area of the District would be prohibited by law.
There is no doubt that the general public and property owners outside of Assessment Area Two and Astonia North Assessment Area of the District will benefit from the provision of the Capital Improvement Plan. However, these benefits will be incidental for the purpose of the Capital Improvement Plan, which is designed solely to meet the needs of property within Assessment Area Two and Astonia North Assessment Area of the District. Properties outside of Assessment Area Two and Astonia North Assessment Area of the District boundaries do not depend upon the District's Capital Improvement Plan. The property owners within Assessment Area Two and Astonia North Assessment Area of the District are therefore receiving special benefits not received by those outside the District's boundaries.

Requirements of a Valid Assessment Methodology

There are two requirements under Florida law for a valid special assessment:

The properties must receive a special benefit from the improvements being paid for.
The assessments must be fairly and reasonably allocated to the properties being assessed based on the special benefit such properties receive.

Florida law provides for a wide application of special assessments that meet these two characteristics of special assessments.

Special Benefits Exceed the Costs Allocated

The special benefits provided to the property owners within Assessment Area Two and Astonia North Assessment Area of the District will be greater than the costs associated with providing these benefits. The District Engineer estimates that the District's Assessment Area Two Capital Improvement Plan that is necessary to support full development of property within Assessment Area Two of the District will cost approximately $13,020,000. The District Engineer estimates that the District's Astonia North Assessment Area Capital Improvement Plan that is necessary to support full development of property within Astonia North Assessment Area of the District will cost approximately $7,820,000. The District's Underwriter projects that financing costs required to fund a portion of the Assessment Area Two Capital Improvement Plan costs, the cost of issuance of the Bonds, the funding of a debt service reserve account and capitalized interest is $10,065,000. The District's Underwriter projects that financing costs required to fund a portion of the Astonia North Assessment Area Capital Improvement Plan costs, the cost of issuance of the Bonds, the funding of a debt service reserve account and capitalized interest is $7,155,000. Without the Capital Improvement Plan, the property within Assessment Area Two and Astonia North Assessment Area of the District would not be able to be developed and occupied by future residents of the community.
2.0	Assessment Methodology

Overview

The District has issued $17,220,000 in Bonds in one or more series to fund a portion of the District's Capital Improvement Plan, provide for capitalized interest, a debt service reserve account and pay cost of issuance. It is the purpose of this Assessment Report to allocate the $17,220,000 in debt to the properties within the District benefiting from the Capital Improvement Plan. This report will be supplemented to reflect actual bond terms.

Table 1 identifies the land uses as identified by the developer within the District. The District has commissioned an Engineer's Report that includes estimated construction costs for the Capital Improvement Plan needed to support the development, which construction costs are outlined in Table 2. The improvements needed to support the development are described in detail in the Engineer's Report and are estimated to cost
$20,840,000. Based on the estimated costs, the size of the bond issue under current market conditions needed to generate funds to pay for a portion of the Capital Improvement Plan and related costs was determined by the District's Underwriter to total $17,220,000. Table 3 shows the breakdown of the bond sizing.

Allocation of Debt

Allocation of debt is a continuous process until the development plan for Assessment Area Two and Astonia North Assessment Area of the District is completed. Until the platting process occurs, the Assessment Area Two Capital Improvement Plan funded by District bonds benefits all acres equally within Assessment Area Two of the District. Until the platting process occurs, the Astonia North Assessment Area Capital Improvement Plan funded by District bonds benefits all acres equally within Astonia North Assessment Area of the District.

The initial assessments will be levied on an equal basis to all gross acreage within Assessment Area Two and Astonia North Assessment Area, distinctly for each area, of the District. A fair and reasonable methodology allocates the debt incurred by the District proportionately to the properties receiving the special benefits. At this point all of the lands within Assessment Area Two and Astonia North Assessment Area, distinctly, of the District are benefiting equally from the improvements.

Once platting or the recording of a declaration of condominium of any portion of the District into individual lots or units ("Assigned Properties") has begun, the assessments will be levied to the Assigned Properties based on the benefits they receive, on a first platted, first assigned basis. The "Unassigned Properties" defined as property that has not been platted or subjected to a declaration of condominium, will continue to be assessed on a per acre basis. Eventually the development plan will
be completed and the debt relating to the bonds will be allocated to the platted units within the District, which are the beneficiaries of the Capital Improvement Plan, as depicted in Table 5 and Table 6. If there are changes to development plan, a true up of the assessment will be calculated to determine if a debt reduction or true-up payment from the Developer is required. The process is outlined in Section 3.0.

The assignment of debt in this Assessment Report sets forth the process by which debt is apportioned. As mentioned herein, this Assessment Report will be supplemented from time to time.

Allocation of Benefit

The Capital Improvement Plan consists of offsite improvements, stormwater management facilities, utility facilities, roadways, entry features, and park and recreational facilities and professional fees along with related incidental costs. There are two product types within the planned development. The single family 50' home has been set as the base unit and has been assigned one equivalent residential unit ("ERU"), with singe family 40' being set at .8 ERU. Table 4 shows the allocation of benefit to the particular land uses. It is important to note that the benefit derived from the improvements on the particular units exceeds the cost that the units will be paying for such benefits.

Lienability Test: Special and Peculiar Benefit to the Property

Construction and/ or acquisition by the District of its proposed Capital Improvement Plan will provide several types of systems, facilities and services for its residents. These include offsite improvements, stormwater management facilities, utility facilities, roadways, entry features, and park and recreation facilities. These improvements accrue in differing amounts and are somewhat dependent on the type of land use receiving the special benefits peculiar to those properties, which flow from the logical relationship of the improvements to the properties.

Once these determinations are made, they are reviewed in the light of the special benefits peculiar to the property, which flow to the properties as a result of their logical connection from the improvements in fact actually provided.

For the provision of the Capital Improvement Plan, the special and peculiar benefits are:

the added use of the property,
added enjoyment of the property, and
the probability of increased marketability and value of the property.
These special and peculiar benefits are real and ascertainable but are not yet capable of being calculated as to value with mathematical certainty. However, each is more valuable than either the cost of, or the actual non-ad valorem special assessment levied for the improvement or the debt as allocated.

Lienability Test: Reasonable and Fair Apportionment of the Duty to Pay Non-Ad Valorem Assessments

A reasonable estimate of the proportion of special and peculiar benefits received from the public improvements described in the Engineer's Report is delineated in Table 5 (expressed as Allocation of Par Debt per Product Type). This is also shown on Table 7 depicting Allocation of Par Debt per Product Type.

The determination has been made that the duty to pay the non-ad valorem special assessments is fairly and reasonably apportioned because the special and peculiar benefits to the property derived from the acquisition and/or construction of the Assessment Area Two Capital Improvement Plan have been apportioned to the property within Assessment Area Two of the District according to reasonable estimates of the special and peculiar benefits provided consistent with the land use categories.

Accordingly, no acre or parcel of property within the boundaries of Assessment Area Two and Astonia North Assessment Area of the District will have a lien for the payment of any non-ad valorem special assessment more than the determined special benefit peculiar to that property and therefore, the debt allocation will not be increased more than the debt allocation set forth in this Assessment Report.

In accordance with the benefit allocation suggested for the product types in Table 4, a total debt per unit and an annual assessment per unit have been calculated for each product type (Table 6). These amounts represent the preliminary anticipated per unit debt allocation assuming all anticipated units are built and sold as planned, and the entire proposed Capital Improvement Plan is constructed.

True Up Mechanism

Although the District does not process plats, declaration of condominiums, site plans or revisions thereto for the developer, it does have an important role to play during the course of platting and site planning. Whenever a plat, declaration of condominium or site plan is processed, the District must allocate a portion of its debt to the property according to this Assessment Report outlined herein. In addition, the District must also prevent any buildup of debt on Unassigned Properties. Otherwise, the land could be fully conveyed and/ or platted without all of the debt being allocated. To preclude this, when platting for 25%, 50%, 75% and 100% of the units planned for platting has occurred within the District, the District will determine the amount of anticipated
assessment revenue that remains on the Unassigned Properties, taking into account the full development plan of the District. If the total anticipated assessment revenue to be generated from the Assigned and Unassigned Properties is greater than or equal to the maximum annual debt service then no debt reduction or true-up payment is required. In the case that the revenue generated is less than the required amount then a debt reduction or true-up payment by the landowner in the amount necessary to reduce the par amount of the outstanding bonds plus accrued interest to a level that will be supported by the new net annual debt service assessments will be required.

If a true-up payment is made less than 45 days prior to an interest payment date, the amount of accrued interest will be calculated to the next succeeding interest payment date.

Assessment Roll

The District will initially distribute the liens across the property within Assessment Area Two and Astonia North Assessment Area, distinctly, of the District boundaries on a gross acreage basis. As Assigned Properties becomes known with certainty, the District will refine its allocation of debt from a per acre basis to a per unit basis as shown in Table 6. If the land use plan changes, then the District will update Table 6 to reflect the changes as part of the foregoing true-up process. As a result, the assessment liens are neither fixed nor are they determinable with certainty on any acre of land in the Assessment Area Two and Astonia North Assessment Area of the District prior to the time final Assigned Properties become known. The current assessment roll is attached as Table 7.

Assessment	North Parcel	Total Assessible					
 Land Use 		Area Two	Assessment Area	Units	ER Us per Unit (1)		Total ERUs							
	Single Family - 40'	216	139	355	0.80	284	
	Single Family - 50'	274	193	467	1.00	467	
	Total Units	490	332	822		751	

(1) Benefit is allocated on an ERU basis; based on density of planned development, with Single Family 50' = 1 ERU

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Capital Improvement Plan ("CIP") (1)	Assessment Area Two 	Astonia North	Assessment Area	Total Cost Estimate		
Offsite Improvements	$	1,650,000	$	200,000	$	1,850,000		
Stormwater Management	$	3,450,000	$	2,300,000	$	5,750,000		
Utilities (Water, Sewer, & Street Lighting  $	3,380,000	$	2,300,000	$	5,680,000		
Roadway	$	2,010,000	$	1,370,000	$	3,380,000		
Entry Feature	$	790,000	$	530,000	$	1,320,000		
Parks and Recreation	$	1,150,000	$	720,000	$	1,870,000		
Contingencies	$	590,000	$	400,000	$	990,000		
$	13,020,000	$	7,820,000	$	20,840,000		

(1) A detailed description of these improvements is provided in the Engineer's Report dated Feburary 17, 2021.

Prepared by: Governmental Management Services - Central Florida, LLC

	Description						Total			
	
Sources		
Assessment Area Two		
North Parcel Assessment Area		
Total			
	Par	$	10,065,000	$	7,155,000	$		17,220,000		
	Bond Premium	$	245,124	$	160,444	$		405,568		
Total Sources	$	10,310,124	 $	7,315,444	$	 17,625,568							
Uses		Assessment Area Two		North Parcel Assessment Area		Total				
Construction Funds	$	9,148,630	$	6,617,650	$		15,766,280			
Debt Service Reserve	$	558,040	$	395,373	$		953,413			
Capitalized Interest	$	275,786	$	69,489	$		345,275			
Underwriters Discount	$	201,300	$	143,100	$		344,400			
Cost of Issuance	$	126,368	$	89,832	$		216,200			
Total Uses	$	10,310,124	$	7,315,444	$		17,625,568			

Bond Assumptions:	Assessment Area Two	North Parcel Assessment Area

Prepared by: Governmental Management Services - Central Florida, LLC

Land Use	No. of Units *	
ERU Factor	
Total ERUs	% of Total
ERUs	Total Improvements
Costs Per Product Type	Improvement Costs
Per Unit	

Assessment Area Two							
Single Family - 40'	216	0.8	173	38.68%	$	5,035,488	$	23,312	
Single Family - 50'	274	1.00	274	61.32%	$	7,984,512	$	29,141	
	490		447		$	13,020,000		

Astonia North Assessment Area							
Single Family - 40'	139	0.8	111	36.55%	$	2,858,593	$	20,565	
Single Family - 50'	193	1.00	193	63.45%	$	4,961,407	$	25,707	
	332		304		$	7,820,000		
							
Totals	822		751		$	20,840,000		
* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Total Improvements Costs Per Product	Debt Per Product Type - Before	
Developer	Debt Per Product Type -After				
Land Use	No. of Units*	Type	Developer		Contribution	Contribution	Par Debt Per Unit							
Assessment Area Two							
Single Family- 40'	216	$	5,035,488	$	4,064,379	$	171,737	$	3,892,642	$	18,021	
Single Family- 50'	274	$	7,984,512	$	6,444,672	$	272,312	$	6,172,360	$	22,527	
	490	$	13,020,000	$	10,509,051	$	444,049	$	10,065,001		

Astonia North Assessment Area							
Single Family- 40'	139	$	2,858,593	$	2,615,503	$	-	$	2,615,503	$	18,817	
Single Family- 50'	193	$	4,961,407	$	4,539,495	$	-	$	4,539,495	$	23,521	
332	 $	7,820,000	$	7,154,998	$	-	$	7,154,998 

Totals	822	$	20,840,000	$	17,664,049	$	444,049	$	17,220,000

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

Land Use	

No. of Units *	
Allocation of Par Debt Per Product
Type	

Total Par Debt Per Unit	
Maximum Annual Debt
Service	Net Annual Debt Assessment Per Unit	Gross Annual Debt Assessment
Per Unit (1)		

Assessment Area Two								
Single Family - 40'	216	$	3,892,642	$	18,021	$	216,000	$	1,000	$	1,075		
Single Family - 50'	274	$	6,172,360	$	22,527	 $	342,500 	$	1,250	$	1,344		
	490	$	10,065,001 	$	558,500							
Astana Phase 4								
Single Family - 40'	139	$	2,615,503	$	18,817	$	144,560	$	1,040	$	1,118	
Single Family - 50'	193	$	4,539,495	$	23,521	 $	250,900 	$	1,300	$	1,398	
	332	 $	7,154,998 			$	395,460			

Totals	822	$	17,220,000	$	953,960

(1) This amount includes estimated collection fees and early payment discounts when collected on the Polk County Tax Bill

* Unit mix is subject to change based on marketing and other factors

Prepared by: Governmental Management Services - Central Florida, LLC

 Owner	Property ID #'s	

Acres	Total Par Debt Allocation Per Acre	
Total Par Debt Allocated	Net Annual Debt Assessment Allocation	Gross Annual Debt Assessment Allocation (1)		
 Assessment Area Two								
Ernie Caldwell Properties, LLC	27-26-22-000000-033010	23.30	$	92,309	$	2,150,799	$	119,346	$	128,329		
Ernie Caldwell Properties, LLC	27-26-22-000000-034010	40.86	$	92,309	$	3,771,560	$	209,281	$	225,034		
Ernie Caldwell Properties, LLC	27-26-22-000000-043010	30.97	$	92,309	$	2,858,624	$	158,623	$	170,562		
Ernie Caldwell Properties, LLC	27-26-22-000000-032010		13.91		$	92,309	$	1,284,018	$	71,249	$	76,612		
	109.04 		 $ 	10,065,001	$	558,500	$	600,538		
Astonia North Assessment Area 
Astonia North,LLC	272615-000000-023000		107.22 	
$	66,733	
$	
7,154,998	
$	395,460	
$	425,226		
107.22		$	7,154,998	$	395,460	$	425,226		
							
Totals	216.26		$	17,220,000	$	953,960	$	1,025,763		

(1) This amount includes an estimated 7% to cover collection fees and early payment discounts when collected utilizing the uniform method.

Prepared by: Governmental Management Services - Central Florida, LLC
ASSESSMENT AREA 2 LEGAL DESCRIPTION
A PARCEL OF LAND LOCATED IN LOCATED IN SECTION 22, TOWNSHIP 26 SOUTH, RANGE 27 EAST, POLK COUNTY, FLORIDA, BEING ALL OF THE LANDS CONVEYED BY DEED TO ERNIE CALDWELL PROPERTIES, LLC, BEING ALL OF PARCEL IDENTIFICATION NUMBER 27-26-22-000000-043010 AS DESCRIBED IN OFFICIAL RECORDS BOOK 11083, PAGE 516 AND ALL OF PARCEL IDENTIFICATION NUMBER 27-26-22-000000-034010 AS DESCRIBED IN SAID OFFICIAL RECORDS BOOK 11083, PAGE 516 AND A PORTION OF PARCEL IDENTIFICATION NUMBER 27-26-22-000000-032010 AS DESCRIBED IN OFFICIAL RECORDS BOOK 11075, PAGE 1763 AND ALL OF PARCEL IDENTIFICATION NUMBER 27-26-22-000000-033010 AS DESCRIBED IN SAID OFFICIAL RECORDS BOOK 11083, PAGE 516 AND A PORTION OF PARCEL IDENTIFICATION NUMBER 27-26-22-000000-031050 AS DESCRIBED IN SAID OFFICIAL RECORDS BOOK 11083, PAGE 516 OF THE PUBLIC RECORDS OF POLK COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:

COMMENCE AT THE NORTHWEST CORNER OF THE NORTHWEST 1/4 OF SAID SECTION 22; THENCE ALONG THE WEST LINE OF THE NORTHWEST 1/4 OF SAID SECTION 22, S00°09'33"E, A DISTANCE OF 530.45 FEET TO THE POINT OF BEGINNING; THENCE DEPARTING THE WEST LINE OF THE NORTHWEST 1/4 OF SAID SECTION 22, ALONG THE NORTH LINE OF PARCEL IDENTIFICATION NUMBER 27-26-22-000000-033010 AS DESCRIBED IN SAID OFFICIAL RECORDS BOOK 11083, PAGE 516, N89°37'27"E, A DISTANCE OF 1318.54 FEET TO THE EAST LINE OF THE NORTHWEST 1/4 OF SAID NORTHWEST 1/4 OF SAID SECTION 22; THENCE DEPARTING THE NORTHWEST 1/4 OF SAID NORTHWEST 1/4 OF SAID SECTION 22 THE FOLLOWING TWENTY-ONE (21) COURSES: 1) S32°48'41"E, A DISTANCE OF 108.62 FEET; 2) SOUTHWESTERLY ALONG THE ARC OF A NON-TANGENT CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 89.00 FEET, A CENTRAL ANGLE OF 56°23'10" AND A CHORD BEARING AND DISTANCE OF S15°57'28"W, 84.10 FEET} FOR AN ARC DISTANCE OF 87.59 FEET TO A POINT OF NON-TANGENCY; 3) S67°35'56"W, A DISTANCE OF 39.88 FEET; 4) S00°00'00"E, A DISTANCE OF 52.65 FEET; 5) Sl8°15'18"E, A DISTANCE OF 66.03 FEET; 6) S45°12'14"E, A DISTANCE OF 106.56 FEET; 7) S28°10'46"E, A DISTANCE OF 57.39 FEET; 8) S03°39'25"W, A DISTANCE OF 67.11 FEET; 9) S32°45'20"W, A DISTANCE OF 71.17 FEET; 10) S60°44'45"W, A DISTANCE OF 53.95 FEET; 11} N75°56'59"W, A DISTANCE OF 181.51 FEET; 12) N84°02'35"W, A DISTANCE OF 48.65 FEET; 13) S32"48'41"E, A DISTANCE OF 301.90 FEET; 14) N57°11'19"E, A DISTANCE OF 322.02 FEET; 15) S32°48'41"E, A DISTANCE OF 50.00 FEET; 16) S57°11'19"W, A DISTANCE OF 42.02 FEET; 17) S32°48'41"E, A DISTANCE OF 290.85 FEET; 18) SOUTHEASTERLY ALONG THE ARC OF A CURVE TO THE RIGHT (SAID CURVE HAVING A RADIUS OF 620.00 FEET, A CENTRAL ANGLE OF 32°39'07" AND A CHORD BEARING AND DISTANCE OF Sl6°29'07"E, 348.57 FEET) FOR AN ARC DISTANCE OF 353.33 FEET TO A POINT OF TANGENCY; 19} S00"09'33"E, A DISTANCE OF 811.79 FEET; 20) N89"50'27"E, A DISTANCE OF 65.00 FEET; 21) S00°09'33"E, A DISTANCE OF 30.86 FEET TO THE TO THE NORTHERLY MAINTAINED RIGHT-OF-WAY LINE OF LITTLE ZION ROAD (VARIABLE-WIDTH MAINTAINED RIGHT OF WAY, PER M.B. 13, PG. 71, POLK COUNTY MAINTAINED RIGHT-OF-WAY MAP}; THENCE ALONG THE NORTHERLY MAINTAINED RIGHT-OF-WAY LINE OF SAID LITTLE ZION ROAD THE FOLLOWING SEVEN (7) COURSES: 1) S89°15'22"W, A DISTANCE OF 33.09 FEET; 2) S89°42'52"W, A DISTANCE OF 100.00 FEET; 3) S89°25'40"W, A DISTANCE OF 100.00 FEET; 4) S89°18'48"W, A DISTANCE OF 100.00 FEET; 5) S89°35'59"W, A DISTANCE OF 100.00 FEET; 6) S89°42'52"W, A DISTANCE OF 100.00 FEET; 7) S89°35'59"W, A DISTANCE OF 11.74 FEET TO THE SOUTHEAST CORNER OF PARCEL IDENTIFICATION NUMBER 27-26-22-000000-034010 AS DESCRIBED IN SAID OFFICIAL RECORDS BOOK 11083, PAGE 516; THENCE DEPARTING THE NORTHERLY MAINTAINED RIGHT-OF-WAY LINE OF SAID LITTLE ZION ROAD, ALONG THE EASTERLY BOUNDARY OF PARCEL IDENTIFICATION NUMBER 27-26-22-000000-043010 AS DESCRIBED IN SAID OFFICIAL RECORDS BOOK 11083, PAGE 516 THE FOLLOWING FOUR (4) COURSE: 1) 500°31'5l"E, A DISTANCE OF 672.83 FEET; 2) S89°33'56"W, A DISTANCE OF 663.12 FEET; 3) S00°30'40"E, A DISTANCE OF 661.24 FEET; 4) S89°31'59"W, A DISTANCE OF 663.35 FEET TO THE SOUTHWEST CORNER OF PARCEL IDENTIFICATION NUMBER 27-26-22-000000-043010 AS DESCRIBED IN SAID OFFICIAL RECORDS BOOK 11083, PAGE 516 AND TO THE SOUTHWEST CORNER OF THE NORTHWEST 1/4 OF THE SOUTHWEST 1/4 OF SAID SECTION 22; THENCE ALONG THE WEST LINE OF THE SOUTHWEST 1/4 OF SAID SECTION 22, N00°29'28"W, A DISTANCE OF 1323.24 FEET TO THE NORTHWEST CORNER OF PARCEL IDENTIFICATION NUMBER 27-26-22-000000-043010 AS DESCRIBED IN SAID OFFICIAL RECORDS BOOK 11083, PAGE 516 AND THE SOUTHWEST CORNER OF NORTHWEST 1/4 OF SAID SECTION 22; THENCE ALONG THE WEST BOUNDARY OF PARCEL IDENTIFICATION NUMBER 27-26-22-000000-034010 AS DESCRIBED IN SAID OFFICIAL RECORDS BOOK 11083, PAGE 516 AND THE WEST LINE OF THE NORTHWEST 1/4 OF SAID SECTION 22, N00°09'33"W, A DISTANCE OF 1322.55 FEET; THENCE CONTINUE ALONG THE WEST LINE OF THE NORTHWEST 1/4 OF SAID SECTION 22 AND ALONG THE WEST BOUNDARY OF
PARCEL IDENTIFICATION NUMBER 27-26-22-000000-033010 AS DESCRIBED IN SAID OFFICIAL RECORDS BOOK 11083, PAGE 516,	..... N00°09'33"W, A DISTANCE OF 792.10 FEET TO THE POINT OF BEGINNING.

-	CONTAINING 109.036 ACRES (4749589 SQUARE FEET) OF LAND, MORE OR LESS.	--
EXHIBIT 3
ASSESSMENT AREA 2 LEGAL DESCRIPTION
1925 BARTOW ROAD • LAKELAND, FL 33B01
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018	17
ASTONIA COD
PAGE 1 OF 1
ASTONIA NORTH ASSESSMENT AREA LEGAL DESCRIPTION
A PARCEL OF LAND LOCATED IN SECTION 15, TOWNSHIP 26 SOUTH, RANGE 27 EAST, POLK COUNTY, FLORIDA, BEING A PORTION OF THE LANDS DESCRIBED IN OFFICIAL RECORDS BOOK 1346, PAGE 771, PUBLIC RECORDS OF POLK COUNTY, FLORIDA, BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCE AT THE NORTHWEST CORNER OF SW 1/4 OF SAID SECTION 15; THENCE WITH THE NORTH LINE OF SW 1/4 OF SAID SECTION 15, N89"30'30"E, A DISTANCE OF 516.39 FEET TO THE POINT OF BEGINNING; THENCE CONTINUE WITH THE NORTH LINE OF SW 1/4 OF SAID SECTION 15, N89"30'30"E, A DISTANCE OF 1291.38 FEET TO THE SOUTHERLY MAINTAINED RIGHT-OF-WAY LINE OF BOWEN ROAD (PER MAP BOOK 3, PAGES 60-68); THENCE LEAVING SAID NORTH LINE OF SW 1/4 OF SAID SECTION 15, RUN WITH SAID SOUTHERLY MAINTAINED RIGHT-OF-WAY LINE THE FOLLOWING TWENTY (20) COURSES: (1) N89"42'11"E, A DISTANCE OF 21.42 FEET; (2) S82"16'47"E, A DISTANCE OF 54.70 FEET; (3) N87°32'02"E, A DISTANCE OF 100.04 FEET; (4) N89"49'31"E, A DISTANCE OF 100.01 FEET; (5) N89"15'08"E, A DISTANCE OF 100.00 FEET; (6) N88°06'24"E, A DISTANCE OF 100.02 FEET; (7) S89"36'07"E, A DISTANCE OF 52.28 FEET; (8) S00°19'33"W, A DISTANCE OF 11.91 FEET; (9) N88°13'01"E, A DISTANCE OF
53.31 FEET; (10) N89"50'01"E, A DISTANCE OF 234.97 FEET; (11) N89°38'12"E, A DISTANCE OF 111.35 FEET; (12) N89"35'06"E, A
DISTANCE OF 194.59 FEET; (13) N89"21'51"E, A DISTANCE OF 197.92 FEET; (14) N89°11'50"E, A DISTANCE OF 95.71 FEET; (15) N89°25'14"E, A DISTANCE OF 276.53 FEET; (16) S89°54'44"E, A DISTANCE OF 105.69 FEET; (17) N88°22'31"E, A DISTANCE OF
178.41 FEET; (18) N89°04'43"E, A DISTANCE OF 49.78 FEET; (19) N89°12'03"E, A DISTANCE OF 103.74 FEET; (20) S88"47'42"E, A DISTANCE OF 0.99 FEET TO THE EAST LINE OF THE NW 1/4 OF THE SE 1/4 OF SAID SECTION 15; THENCE S00°16'24"E ALONG SAID EAST LINE, A DISTANCE OF 1315.97 FEET TO THE SOUTHEAST CORNER OF THE NW 1/4 OF THE SE 1/4 OF SAID SECTION 15; THENCE S89°34'34"W ALONG THE SOUTH LINE OF THE NW 1/4 OF THE SE 1/4 OF SAID SECTION 15, A DISTANCE OF 1314.94 FEET TO THE SOUTHWEST CORNER OF THE NW 1/4 OF THE SE 1/4 OF SAID SECTION 15; THENCE S00°14'11"E ALONG THE WEST LINE OF THE SW 1/4 OF THE SE 1/4, A DISTANCE OF 851.21 FEET; THENCE LEAVING SAID WEST LINE, S89°48'35"W, A DISTANCE OF
127.79 FEET TO THE NORTHERLY RIGHT-OF-WAY LINE OF ERNIE CALDWELL BOULEVARD (VARIABLE-WIDTH RIGHT OF WAY PER OFFICIAL RECORDS BOOK 9308, PAGE 2093, PUBLIC RECORDS OF POLK COUNTY, FLORIDA); THENCE WITH SAID NORTHERLY RIGHT-OF-WAY LINE THE FOLLOWING TWELVE (12) COURSES, (1) NORTHWESTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 1115.00 FEET, A CENTRAL ANGLE OF 21°57'59" AND A CHORD BEARING AND DISTANCE OF N19"05'13"W, 424.86 FEET) FOR AN ARC DISTANCE OF 427.47 FEET TO A POINT OF NON-TANGENCY; (2) S59°55'48"W, A DISTANCE OF 5.00 FEET TO A TO A POINT OF NON-TANGENCY; (3) NORTHWESTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 1110.00 FEET, A CENTRAL ANGLE OF 20°03'13" AND A CHORD BEARING AND DISTANCE OF N40"05'48"W, 386.52 FEET) FOR AN ARC DISTANCE OF 388.50 FEET TO A POINT OF NON-TANGENCY; (4) S39°52'36"W, A DISTANCE OF 20.00 FEET TO A TO A POINT OF NON-TANGENCY; (5) NORTHWESTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 1090.00 FEET, A CENTRAL ANGLE OF 17°11'19" AND A CHORD BEARING AND DISTANCE OF N58"43'04"W, 325.77 FEET) FOR AN ARC DISTANCE OF 327.00 FEET TO A POINT OF NON-TANGENCY; (6) N22°41'17"E, A DISTANCE OF 10.00 FEET TO A TO A POINT OF NON-TANGENCY; (7) NORTHWESTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE LEFT (SAID CURVE HAVING A RADIUS OF 1100.00 FEET, A CENTRAL ANGLE OF 22"59'56" AND A CHORD BEARING AND DISTANCE OF N78°48'42"W, 438.59 FEET) FOR AN ARC DISTANCE OF
441.55 FEET TO A POINT OF TANGENCY; (8) S89°41'20"W, A DISTANCE OF 68.60 FEET; (9) S00°18'40"E, A DISTANCE OF 10.00 FEET;
(10) S89"41'20"W, A DISTANCE OF 480.00 FEET; (11) N00°18'40"W, A DISTANCE OF 10.00 FEET; (12) S89°41'20"W, A DISTANCE OF
298.97 FEET; THENCE LEAVING SAID NORTHERLY RIGHT-OF-WAY LINE, N00°18'40"W, A DISTANCE OF 351.40 FEET TO A POINT OF NON-TANGENCY; THENCE NORTHWESTERLY WITH THE ARC OF A NON-TANGENT CURVE TO THE RIGHT (SAID CURVE HAVING A RADIUS OF 150.00 FEET, A CENTRAL ANGLE OF 33°33'26" AND A CHORD BEARING AND DISTANCE OF N17°05'23"W, 86.60 FEET) FOR AN ARC DISTANCE OF 87.85 FEET TO A POINT OF TANGENCY; THENCE N00°18'40"W, A DISTANCE OF 786.18 FEET TO THE POINT OF BEGINNING.

CONTAINING 4670473 SQUARE FEET, 107.219 ACRES) OF LAND, MORE OR LESS.

-
-
-
EXHIBIT 4

1925 BARTOW ROAD • LAKELAND, FL 33801
ASTONIA NORTH ASSESSMENT AREA LEGAL DESCRIPTION
ASTONIA CDD
OFFICE: (863) 940-2040 • FAX: (863) 940-2044 • CELL: (863) 662-0018 EMAIL: INFO@WOODCMLCOM
PAGE 1 OF 1
EXHIBIT C

Engineer’s Certification

7
ASTONIA COMMUNITY DEVELOPMENT DISTRICT

DISTRICT ENGINEER'S CERTIFICATE OF COMPLETION OF THE NORTH PARCEL ASSESSMENT AREA PROJECT
March ?' 2026 Astonia Community Development District
c/o Governmental Management Services - Central Florida, LLC 219 East Livingston Street
Orlando, Florida 32801

Re:	Certification of Completion
Astonia Community Development District
North Parcel Assessment Area Bonds - North Parcel Assessment Area Project

This certificate is furnished in accordance with Section 5.0l(c) of the Master Trust Indenture dated September 1, 2020 (the "Master Indenture"), between the Astonia Community Development District (the "District") and U.S. Bank National Association (the "Trustee") and is intended to evidence the completion of the North Parcel Assessment Area Project, as both terms are defined in the Master Indenture, as supplemented by that certain Third Supplemental Trust Indenture dated July 1, 2021 (together with the Master Indenture, the "Indenture"), and as further described in that certain Astonia Community Development District Engineer's Report for Capital Improvements, dated February 3, 2020, as amended by that certain Astonia Community Development District First Amendment to the Engineer's Report for Capital Improvements, dated February 17, 2021, and undertaken by the District. All capitalized terms used herein shall have the meaning ascribed to them in the Indenture.
The North Parcel Assessment Area Project has been completed in substantial compliance with the specifications therefore and all labor, services, materials, and supplies used in the North Parcel Assessment Area Project have been paid for and acknowledgments of such payments have been obtained from all contractors and suppliers.

All other facilities necessary in connection with the North Parcel Assessment Area Project have been constructed, acquired, and installed in accordance with the specifications therefore and all costs and expenses incurred in connection therewith ("Cost") have been paid or adequate provision has been made for such payment by the District.
All plans, permits and specification necessary for the operation and maintenance of the improvements made pursuant to the North Parcel Assessment Area Project are complete and on file with the District Engineer or have been transferred to the appropriate governmental entity having charge of such operation and maintenance.
Of the remaining balance of Zero Dollars and Zero Cents ($0.00) in the North Parcel Assessment Area Acquisition and Construction Fund within the Acquisition and
Construction Fund, Zero Dollars and Zero Cents ($0.00) in such North Parcel Assessment Area Acquisition and Construction Fund is hereby reserved by the Issuer for the payment of the remaining Costs of the North Parcel Assessment Area Project.

IV.  The total Cost of the North Parcel Assessment Area Project was greater than the amount deposited in the North Parcel Assessment Area Acquisition and Construction Fund within the Acquisition and Construction Fund resulting in expenditure of all proceeds from the North Parcel Assessment Area Bonds in the North Parcel Assessment Area Acquisition and Construction Fund within the Acquisition and Construction Fund.
This Certificate is given without prejudice to any rights against third parties which exist as of the date of this Certificate or which may subsequently come into being.

Dated: -?.3?/.s-c-J-_,-o.:-,t,----

NG, INC.

By: Bryan Hunter, PE, District Engineer

STATE OF FLORIDA
COUNTY OF	?o\?
The foregoing instrument was acknowledged before me thisk  day of  /Yl..a,fc. b,
2026, by Bryan Hunter, PE, District Engineer of the Astonia Community Development District,
who is personally known to me or who has produced identification, and did [ ] or did not [Qq. take the oath.
Notary P		ic?S,tate of F,4)rida PrintNa	e: tfO\'Sl.\	Lc._rfo/\.
Commission No.:)½-\ J?)-5}-\i
My Commission Expires:	?-.)-}-<tJ
EXHIBIT D

Amortization Schedule of the North Parcel Assessment Area Bonds

8
Transaction Name	Debt Service Date	Principal Due	Interest Due	Total Payment	Ending Balance	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2026	165,000.00	116,217.50	281,217.50	6,380,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2026	0.00	114,155.00	114,155.00	6,380,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2027	165,000.00	114,155.00	279,155.00	6,215,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2027	0.00	111,680.00	111,680.00	6,215,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2028	170,000.00	111,680.00	281,680.00	6,045,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2028	0.00	109,130.00	109,130.00	6,045,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2029	175,000.00	109,130.00	284,130.00	5,870,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2029	0.00	106,505.00	106,505.00	5,870,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2030	185,000.00	106,505.00	291,505.00	5,685,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2030	0.00	103,730.00	103,730.00	5,685,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2031	190,000.00	103,730.00	293,730.00	5,495,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2031	0.00	100,880.00	100,880.00	5,495,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2032	195,000.00	100,880.00	295,880.00	5,300,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2032	0.00	97,760.00	97,760.00	5,300,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2033	200,000.00	97,760.00	297,760.00	5,100,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2033	0.00	94,560.00	94,560.00	5,100,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2034	205,000.00	94,560.00	299,560.00	4,895,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2034	0.00	91,280.00	91,280.00	4,895,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2035	215,000.00	91,280.00	306,280.00	4,680,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2035	0.00	87,840.00	87,840.00	4,680,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2036	220,000.00	87,840.00	307,840.00	4,460,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2036	0.00	84,320.00	84,320.00	4,460,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2037	230,000.00	84,320.00	314,320.00	4,230,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2037	0.00	80,640.00	80,640.00	4,230,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2038	235,000.00	80,640.00	315,640.00	3,995,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2038	0.00	76,880.00	76,880.00	3,995,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2039	245,000.00	76,880.00	321,880.00	3,750,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2039	0.00	72,960.00	72,960.00	3,750,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2040	250,000.00	72,960.00	322,960.00	3,500,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2040	0.00	68,960.00	68,960.00	3,500,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2041	260,000.00	68,960.00	328,960.00	3,240,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2041	0.00	64,800.00	64,800.00	3,240,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2042	270,000.00	64,800.00	334,800.00	2,970,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2042	0.00	59,400.00	59,400.00	2,970,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2043	280,000.00	59,400.00	339,400.00	2,690,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2043	0.00	53,800.00	53,800.00	2,690,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2044	290,000.00	53,800.00	343,800.00	2,400,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2044	0.00	48,000.00	48,000.00	2,400,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2045	305,000.00	48,000.00	353,000.00	2,095,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2045	0.00	41,900.00	41,900.00	2,095,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2046	315,000.00	41,900.00	356,900.00	1,780,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2046	0.00	35,600.00	35,600.00	1,780,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2047	330,000.00	35,600.00	365,600.00	1,450,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2047	0.00	29,000.00	29,000.00	1,450,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2048	340,000.00	29,000.00	369,000.00	1,110,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2048	0.00	22,200.00	22,200.00	1,110,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2049	355,000.00	22,200.00	377,200.00	755,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2049	0.00	15,100.00	15,100.00	755,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2050	370,000.00	15,100.00	385,100.00	385,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	11/01/2050	0.00	7,700.00	7,700.00	385,000.00	
Astonia Community Development District Special Assessment Bonds						
Series 2021 (North Parcel Assessment Area Project)	05/01/2051	385,000.00	7,700.00	392,700.00	0.00	

!!"#$%& "
ASTONIA COMMUNITY DEVELOPMENT DISTRICT

DISTRICT ENGINEER'S CERTIFICATE OF COMPLETION OF THE NORTH PARCEL ASSESSMENT AREA PROJECT
March ?' 2026 Astonia Community Development District
c/o Governmental Management Services - Central Florida, LLC 219 East Livingston Street
Orlando, Florida 32801

Re:	Certification of Completion
Astonia Community Development District
North Parcel Assessment Area Bonds - North Parcel Assessment Area Project

This certificate is furnished in accordance with Section 5.0l(c) of the Master Trust Indenture dated September 1, 2020 (the "Master Indenture"), between the Astonia Community Development District (the "District") and U.S. Bank National Association (the "Trustee") and is intended to evidence the completion of the North Parcel Assessment Area Project, as both terms are defined in the Master Indenture, as supplemented by that certain Third Supplemental Trust Indenture dated July 1, 2021 (together with the Master Indenture, the "Indenture"), and as further described in that certain Astonia Community Development District Engineer's Report for Capital Improvements, dated February 3, 2020, as amended by that certain Astonia Community Development District First Amendment to the Engineer's Report for Capital Improvements, dated February 17, 2021, and undertaken by the District. All capitalized terms used herein shall have the meaning ascribed to them in the Indenture.
The North Parcel Assessment Area Project has been completed in substantial compliance with the specifications therefore and all labor, services, materials, and supplies used in the North Parcel Assessment Area Project have been paid for and acknowledgments of such payments have been obtained from all contractors and suppliers.

All other facilities necessary in connection with the North Parcel Assessment Area Project have been constructed, acquired, and installed in accordance with the specifications therefore and all costs and expenses incurred in connection therewith ("Cost") have been paid or adequate provision has been made for such payment by the District.
All plans, permits and specification necessary for the operation and maintenance of the improvements made pursuant to the North Parcel Assessment Area Project are complete and on file with the District Engineer or have been transferred to the appropriate governmental entity having charge of such operation and maintenance.
Of the remaining balance of Zero Dollars and Zero Cents ($0.00) in the North Parcel Assessment Area Acquisition and Construction Fund within the Acquisition and
Construction Fund, Zero Dollars and Zero Cents ($0.00) in such North Parcel Assessment Area Acquisition and Construction Fund is hereby reserved by the Issuer for the payment of the remaining Costs of the North Parcel Assessment Area Project.

The total Cost of the North Parcel Assessment Area Project was greater than the amount deposited in the North Parcel Assessment Area Acquisition and Construction Fund within the Acquisition and Construction Fund resulting in expenditure of all proceeds from the North Parcel Assessment Area Bonds in the North Parcel Assessment Area Acquisition and Construction Fund within the Acquisition and Construction Fund.
This Certificate is given without prejudice to any rights against third parties which exist as of the date of this Certificate or which may subsequently come into being.

Dated: -?.3?/.s-c-J-_,-o.:-,t,----

NG, INC.

By: Bryan Hunter, PE, District Engineer

STATE OF FLORIDA
COUNTY OF	?o\?
The foregoing instrument was acknowledged before me thisk  day of  /Yl..a,fc. b,
2026, by Bryan Hunter, PE, District Engineer of the Astonia Community Development District,
who is personally known to me or who has produced identification, and did [ ] or did not [Qq. take the oath.
Notary P		ic?S,tate of F,4)rida PrintNa	e: tfO\'Sl.\	Lc._rfo/\.
Commission No.:)½-\ J?)-5}-\i
My Commission Expires:	?-.)-}-<tJ

!!"#$%& 9
REBATE REPORT
$3,640,000
Astonia Community Development District
(Polk County, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area Four Project)

Dated: January 30, 2024
Delivered: January 30, 2024

Rebate Report to the Computation Date January 30, 2029
Reflecting Activity Through January 31, 2026

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Bond Debt Service	11	
Arbitrage Rebate Calculation Detail Report – Acquisition and Construction Fund	13	
Arbitrage Rebate Calculation Detail Report – Reserve Fund	14	
Arbitrage Rebate Calculation Detail Report – Capitalized Interest Fund	15	
Arbitrage Rebate Calculation Detail Report – Cost of Issuance Fund	16	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	17	

February 24, 2026

Astonia Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$3,640,000 Astonia Community Development District (Polk County, Florida), Special Assessment
Bonds, Series 2024 (Assessment Area Four Project)	

Dear Ms. Costa:

AMTEC has prepared certain computations relating to the above referenced bond issue (the "Bonds") at the request of Astonia Community Development District (the “District”).

The scope of our engagement consisted of preparing computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the “Code”), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of January 31, 2027. Thank you for this engagement and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	
SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the January 30, 2029 Computation Date
Reflecting Activity from January 30, 2024 through January 31, 2026

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition and Construction Fund	4.683466%	32,622.44	(7,730.41)	
Reserve Fund	4.124471%	20,583.08	(8,689.19)	
Capitalized Interest Fund	4.720612%	4,108.84	(918.12)	
Cost of Issuance Fund	5.368671%	7.20	(0.31)	
Totals	4.473090%	$57,321.56	$(17,338.03)	
Bond Yield	5.549278%			
Rebate Computation Credits	(5,196.17)			
Net Rebatable Arbitrage	$(22,534.20)			

Based upon our computations, no rebate liability exists.
SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For the purpose of computing Rebatable Arbitrage, investment activity is reflected from January 30, 2024, the date of the closing, through January 31, 2026, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of January 30, 2029.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.
Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.
During the period between January 30, 2024 and January 31, 2026, the District made periodic payments into the Interest, Sinking, and Prepayment Accounts (collectively, the “Debt Service Fund”), that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
January 30, 2029.

Computation Period
The period beginning on January 30, 2024, the date of the closing, and ending on January 31, 2026.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the issuer. If no day is selected by the issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance.
Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price to the public at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and U.S. Bank, Trustee, as follows:

Fund / Account	Account Number	
Revenue	220668000	
Interest	220668001	
Sinking	220668002	
Prepayment	220668003	
Reserve	220668004	
Acquisition and Construction	220668005	
Cost of Issuance	220668006	
METHODOLOGY
Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of January 31, 2026, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to January 30, 2029. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on January 30, 2029, is the Rebatable Arbitrage.
$3,640,000
Astonia Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area Four Project) Delivered: January 30, 2024

Par Amount	$3,640,000.00	
Total	$3,640,000.00	

Acquisition and Construction Fund	$2,994,567.35	
Reserve Fund	251,982.50	
Capitalized Interest Fund	149,175.15	
Cost of Issuance Fund	171,475.00	
Underwriter’s Discount	72,800.00	
Total	$3,640,000.00	
Prepared by AMTEC	(Finance 8.901)

PROOF OF ARBITRAGE YIELD
$3,640,000
Astonia Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area Four Project)
Present Value to 01/30/2024
Date	Debt Service	@ 5.5492781490%	
05/01/2024	50,092.02	49,403.71	
11/01/2024	99,083.13	95,083.41	
05/01/2025	149,083.13	139,202.67	
11/01/2025	97,958.13	88,996.64	
05/01/2026	152,958.13	135,213.39	
11/01/2026	96,720.63	83,191.76	
05/01/2027	151,720.63	126,975.48	
11/01/2027	95,483.13	77,752.78	
05/01/2028	155,483.13	123,193.16	
11/01/2028	94,133.13	72,570.45	
05/01/2029	159,133.13	119,369.12	
11/01/2029	92,670.63	67,637.50	
05/01/2030	157,670.63	111,972.21	
11/01/2030	91,208.13	63,024.16	
05/01/2031	161,208.13	108,386.32	
11/01/2031	89,633.13	58,636.78	
05/01/2032	159,633.13	101,610.51	
11/01/2032	87,751.88	54,348.32	
05/01/2033	162,751.88	98,077.57	
11/01/2033	85,736.25	50,271.54	
05/01/2034	165,736.25	94,556.04	
11/01/2034	83,586.25	46,400.29	
05/01/2035	168,586.25	91,058.82	
11/01/2035	81,301.88	42,728.19	
05/01/2036	171,301.88	87,597.17	
11/01/2036	78,883.13	39,248.78	
05/01/2037	173,883.13	84,180.88	
11/01/2037	76,330.00	35,955.50	
05/01/2038	176,330.00	80,818.41	
11/01/2038	73,642.50	32,841.78	
05/01/2039	178,642.50	77,517.00	
11/01/2039	70,820.63	29,901.02	
05/01/2040	180,820.63	74,282.79	
11/01/2040	67,864.38	27,126.65	
05/01/2041	182,864.38	71,120.93	
11/01/2041	64,773.75	24,512.15	
05/01/2042	189,773.75	69,876.73	
11/01/2042	61,414.38	22,002.93	
05/01/2043	191,414.38	66,726.61	
11/01/2043	57,920.63	19,645.89	
05/01/2044	192,920.63	63,669.47	
11/01/2044	54,292.50	17,434.38	
05/01/2045	199,292.50	62,268.96	
11/01/2045	50,160.00	15,249.38	
05/01/2046	205,160.00	60,687.80	
11/01/2046	45,742.50	13,165.66	
05/01/2047	210,742.50	59,018.61	
11/01/2047	41,040.00	11,183.00	
05/01/2048	211,040.00	55,953.81	
11/01/2048	36,195.00	9,337.43	
05/01/2049	216,195.00	54,267.35	
11/01/2049	31,065.00	7,587.14	
05/01/2050	226,065.00	53,722.27	
11/01/2050	25,507.50	5,897.98	
05/01/2051	230,507.50	51,860.20	
11/01/2051	19,665.00	4,304.84	
05/01/2052	234,665.00	49,983.37	
Prepared by AMTEC	(Finance 8.901)

PROOF OF ARBITRAGE YIELD
$3,640,000
Astonia Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area Four Project)
Present Value to 01/30/2024
Date	Debt Service	@ 5.5492781490%	
11/01/2052	13,537.50	2,805.63	
05/01/2053	243,537.50	49,110.14	
11/01/2053	6,982.50	1,370.03	
05/01/2054	251,982.50	48,106.50	
	7,632,298.42	3,640,000.00	
	
Proceeds Summary		

Delivery date	01/30/2024	
Par Value	3,640,000.00	
Target for yield calculation	3,640,000.00	
Prepared by AMTEC	(Finance 8.901)

BOND DEBT SERVICE
$3,640,000
Astonia Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area Four Project)

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
01/30/2024						
05/01/2024			50,092.02	50,092.02	50,092.02	
11/01/2024			99,083.13	99,083.13		
05/01/2025	50,000	4.500%	99,083.13	149,083.13	248,166.26	
11/01/2025			97,958.13	97,958.13		
05/01/2026	55,000	4.500%	97,958.13	152,958.13	250,916.26	
11/01/2026			96,720.63	96,720.63		
05/01/2027	55,000	4.500%	96,720.63	151,720.63	248,441.26	
11/01/2027			95,483.13	95,483.13		
05/01/2028	60,000	4.500%	95,483.13	155,483.13	250,966.26	
11/01/2028			94,133.13	94,133.13		
05/01/2029	65,000	4.500%	94,133.13	159,133.13	253,266.26	
11/01/2029			92,670.63	92,670.63		
05/01/2030	65,000	4.500%	92,670.63	157,670.63	250,341.26	
11/01/2030			91,208.13	91,208.13		
05/01/2031	70,000	4.500%	91,208.13	161,208.13	252,416.26	
11/01/2031			89,633.13	89,633.13		
05/01/2032	70,000	5.375%	89,633.13	159,633.13	249,266.26	
11/01/2032			87,751.88	87,751.88		
05/01/2033	75,000	5.375%	87,751.88	162,751.88	250,503.76	
11/01/2033			85,736.25	85,736.25		
05/01/2034	80,000	5.375%	85,736.25	165,736.25	251,472.50	
11/01/2034			83,586.25	83,586.25		
05/01/2035	85,000	5.375%	83,586.25	168,586.25	252,172.50	
11/01/2035			81,301.88	81,301.88		
05/01/2036	90,000	5.375%	81,301.88	171,301.88	252,603.76	
11/01/2036			78,883.13	78,883.13		
05/01/2037	95,000	5.375%	78,883.13	173,883.13	252,766.26	
11/01/2037			76,330.00	76,330.00		
05/01/2038	100,000	5.375%	76,330.00	176,330.00	252,660.00	
11/01/2038			73,642.50	73,642.50		
05/01/2039	105,000	5.375%	73,642.50	178,642.50	252,285.00	
11/01/2039			70,820.63	70,820.63		
05/01/2040	110,000	5.375%	70,820.63	180,820.63	251,641.26	
11/01/2040			67,864.38	67,864.38		
05/01/2041	115,000	5.375%	67,864.38	182,864.38	250,728.76	
11/01/2041			64,773.75	64,773.75		
05/01/2042	125,000	5.375%	64,773.75	189,773.75	254,547.50	
11/01/2042			61,414.38	61,414.38		
05/01/2043	130,000	5.375%	61,414.38	191,414.38	252,828.76	
11/01/2043			57,920.63	57,920.63		
05/01/2044	135,000	5.375%	57,920.63	192,920.63	250,841.26	
11/01/2044			54,292.50	54,292.50		
05/01/2045	145,000	5.700%	54,292.50	199,292.50	253,585.00	
11/01/2045			50,160.00	50,160.00		
05/01/2046	155,000	5.700%	50,160.00	205,160.00	255,320.00	
11/01/2046			45,742.50	45,742.50		
05/01/2047	165,000	5.700%	45,742.50	210,742.50	256,485.00	
11/01/2047			41,040.00	41,040.00		
05/01/2048	170,000	5.700%	41,040.00	211,040.00	252,080.00	
11/01/2048			36,195.00	36,195.00		
05/01/2049	180,000	5.700%	36,195.00	216,195.00	252,390.00	
11/01/2049			31,065.00	31,065.00		
05/01/2050	195,000	5.700%	31,065.00	226,065.00	257,130.00	
11/01/2050			25,507.50	25,507.50		
05/01/2051	205,000	5.700%	25,507.50	230,507.50	256,015.00	
11/01/2051			19,665.00	19,665.00		
05/01/2052	215,000	5.700%	19,665.00	234,665.00	254,330.00	
Prepared by AMTEC	(Finance 8.901)

BOND DEBT SERVICE
$3,640,000
Astonia Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area Four Project)

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
11/01/2052			13,537.50	13,537.50		
05/01/2053	230,000	5.700%	13,537.50	243,537.50	257,075.00	
11/01/2053			6,982.50	6,982.50		
05/01/2054	245,000	5.700%	6,982.50	251,982.50	258,965.00	
	3,640,000		3,992,298.42	7,632,298.42	7,632,298.42	
$3,640,000
Astonia Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area Four Project) Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.549278%)

01/30/24	Beg	Bal	-2,994,567.35	-3,937,256.31	
02/20/24			1,031,334.80	1,351,881.46	
02/20/24			602,491.50	789,750.42	
02/22/24			1,221.00	1,600.01	
03/28/24			1,110.95	1,447.85	
06/04/24			265,277.00	342,271.78	
06/07/24			198,900.00	256,512.29	
06/07/24			-198,900.00	-256,512.29	
06/18/24			575,901.55	741,472.90	
06/18/24			29,826.00	38,400.96	
06/21/24			125.00	160.86	
07/15/24			198,900.00	255,034.49	
07/17/24			18,280.00	23,431.94	
07/18/24			777.00	995.83	
07/18/24			500.00	640.82	
08/07/24			65,075.00	83,162.13	
08/07/24			68,609.65	87,679.21	
09/12/24			125.00	158.90	
09/12/24			13,033.00	16,567.03	
09/12/24			1,286.73	1,635.64	
10/07/24			3,000.00	3,799.01	
10/07/24			280.40	355.08	
11/04/24			7,079.00	8,927.68	
11/05/24			142,299.28	179,433.36	
02/25/25			-15,141.08	-18,775.59	
03/06/25			125.00	154.75	
03/27/25			15,646.26	19,307.87	
01/31/26	de minimis	26.75	31.52		
01/30/29	TOTALS:	32,622.44	-7,730.41		

ISSUE DATE:	01/30/24	
REBATABLE ARBITRAGE:	
-7,730.41			
COMP DATE:	01/30/29	NET INCOME:	32,622.44			
BOND YIELD: 5.549278%	TAX INV YIELD:	4.683466%			
$3,640,000
Astonia Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area Four Project) Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.549278%)

01/30/24	Beg	Bal	-251,982.50	-331,306.52	
02/02/24			66.16	86.96	
03/04/24			954.88	1,249.00	
04/02/24			1,018.58	1,326.66	
05/02/24			983.54	1,275.19	
06/04/24			1,016.83	1,311.96	
07/02/24			983.73	1,263.86	
08/02/24			1,015.06	1,298.18	
09/04/24			1,010.80	1,286.45	
10/02/24			943.98	1,196.31	
11/04/24			919.17	1,159.21	
12/03/24			857.18	1,076.28	
01/03/25			857.25	1,071.47	
02/04/25			824.73	1,025.97	
03/04/25			740.84	917.42	
04/02/25			812.86	1,002.33	
05/02/25			784.51	962.97	
06/03/25			806.71	985.56	
07/02/25			778.43	946.83	
08/04/25			804.46	973.74	
09/03/25			802.23	966.77	
10/02/25			757.16	908.44	
11/04/25			760.06	907.49	
12/02/25			710.42	844.62	
01/05/26			698.25	826.00	
01/31/26	Bal		251,982.50	296,951.92	
01/31/26	Acc		675.26	795.77	
01/30/29	TOTALS:	20,583.08	-8,689.19		

ISSUE DATE:	01/30/24	
REBATABLE ARBITRAGE:	
-8,689.19			
COMP DATE:	01/30/29	NET INCOME:	20,583.08			
BOND YIELD: 5.549278%	TAX INV YIELD:	4.124471%			
$3,640,000
Astonia Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area Four Project) Capitalized Interest Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.549278%)

01/30/24	Beg	Bal	-149,175.15	-196,135.45	
02/01/24			39.17	51.49	
03/01/24			565.29	739.75	
04/01/24			603.01	785.52	
05/01/24			50,092.02	64,955.98	
06/01/24			399.86	516.15	
07/01/24			386.82	497.05	
07/23/24			-107.20	-137.29	
08/01/24			399.26	510.70	
08/09/24			-0.01	-0.01	
09/03/24			397.89	506.47	
10/02/24			371.59	470.92	
11/01/24			99,083.13	125,015.64	
11/04/24			361.82	456.31	
12/03/24			0.49	0.62	
01/03/25			0.36	0.45	
02/04/25			0.35	0.44	
03/04/25			0.32	0.40	
04/02/25			0.35	0.43	
05/01/25			99,083.13	121,640.55	
05/01/25			-98,975.92	-121,508.94	
05/02/25			582.26	714.71	
01/30/29	TOTALS:	4,108.84	-918.12		

ISSUE DATE:	01/30/24	
REBATABLE ARBITRAGE:	
-918.12			
COMP DATE:	01/30/29	NET INCOME:	4,108.84			
BOND YIELD: 5.549278%	TAX INV YIELD:	4.720612%			
$3,640,000
Astonia Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area Four Project)
Cost of Issuance Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT
FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(5.549278%)

01/30/24	Beg	Bal	-171,475.00	-225,455.28	
01/30/24			43,000.00	56,536.39	
01/30/24			43,000.00	56,536.39	
01/30/24			40,000.00	52,591.99	
01/30/24			30,000.00	39,443.99	
01/30/24			6,000.00	7,888.80	
01/30/24			1,500.00	1,972.20	
01/30/24			1,750.00	2,300.90	
02/05/24			6,125.00	8,047.03	
07/23/24			107.20	137.29	
01/30/29	TOTALS:	7.20	-0.31		

ISSUE DATE:	
01/30/24	
REBATABLE ARBITRAGE:	
-0.31		
COMP DATE:	01/30/29	NET INCOME:	7.20		
BOND YIELD:	5.549278%	TAX INV YIELD:	5.368671%		
$3,640,000
Astonia Community Development District (Polk County, Florida)
Special Assessment Bonds, Series 2024 (Assessment Area Four Project) Rebate Computation Credits

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(5.549278%)	
01/30/25	-2,120.00	-2,638.90	
01/30/26	-2,170.00	-2,557.26	
01/30/29	TOTALS:	-4,290.00	-5,196.17	

ISSUE DATE:	01/30/24	REBATABLE ARBITRAGE: -5,196.17 COMP DATE:	01/30/29
BOND YIELD: 5.549278%

!!"#$%& 10
Docusign Envelope ID: 26D2D146-50E1-41F4-ABA3-4562868CBBD6

2026-02-23

Halsey Carson

Page 1 of 1

!!"#$%& 11
Proposal # : 523

	Governmental Management Services - CF	
Maintenance Services Phone: 407-201-1514
Email: Abailey@gmscﬂ.com	

Bill To/District
Astonia CDD	Prepared By:
Governmental Management Services- CF, LLC
219 E. Livingston Street Orlando, FL 32801	
Dog Park Solar Lights		

Install 3 pole-mounted lights at roughly 12.’ Install 2 sets of solar lights under the cabana.
Solar Lights will be installed as indicated on the provided map.		

Qty	Description	Unit Price	Line Total	
16	Labor	$55.00	$880.00	
1	Mobilization	$65.00	$65.00	
1	Equipment	$45.00	$45.00	
	Materials		$1,560.00	

				
				
Total Due:	$2,550.00			
This Proposal is Valid for 30 days.

Client Signature: 	

1111111'
:111111,

!!"#$%& 12

!!"#$%& "
April ,8,2026

Completed Items
A comprehensive assessment of the District was completed following recent freeze conditions to evaluate any damage to landscaping and plant material.
Mailbox solar lighting was inspected, and any non-functional units were identiﬁed and replaced to ensure expected illumination and consistency.
Repairs were completed on playground and dog park gates that had become detached from their hinges, restoring proper functionality and safety.
Fencing across the District has been repaired where needed and pressure-washed to improve overall appearance and maintenance standards.
Multiple ponds throughout the District have undergone trash removal efforts to maintain cleanliness and environmental quality.
Contracted Services
The landscaping contractor continues to maintain the community grounds in a satisfactory manner. We have transitioned to a weekly schedule for common areas and a bi-weekly schedule for pond banks.
The pool facility is being maintained in accordance with established operational and safety standards.
Janitorial services are effectively maintaining cleanliness and order in the amenity restrooms and dog stations.
The lake management vendor is providing a high level of service and is proactively implementing measures to address anticipated vegetation growth associated with warmer weather.

In Progress
Tables at both the north mailbox kiosk and the dog park kiosk have been damaged as a result of repeated vandalism. This damage has occurred subsequent to previous repairs, and further corrective action will be required.

!!"#$%& i

506 8th Street West Palmetto,FL 34221
Estimate

Date	Estimate #	
3/27/2026	32321	

	P.O. No.	Terms	Due Date	Rep	FOB	
	32726Allen	50%DN Bal C.O.D.	3/27/2026	Anna	Palmetto	
Item	Quantity	Description	Cost	Total		
U9-MC	1	9ft Market Style, 8 Fiberglass Rib, Champagne Aluminum Frame, Crank, No Tilt Umbrella with Wind Vents	493.50	493.50T		
		Frame: Champagne	Fabric: Canvas Navy				
Freight		Shipping Charge	75.00	75.00		
	Subtotal	$568.50					
	Sales Tax (7.5%)	$37.01					
	Total	$605.51					

Phone #	Fax #	
941-722-5643	941-723-9223	

!!"#$%& ii
Proposal # : 524

	Governmental Management Services - CF	
Maintenance Services Phone: 407-201-1514
Email: Abailey@gmscﬂ.com	

Bill To/District
Astonia CDD	Prepared By:
Governmental Management Services- CF, LLC
219 E. Livingston Street Orlando, FL 32801	
Benches		

Propose the installation of three benches at the dog park cabana. Propose the installation of two benches at the playground mail kiosk.		

Qty	Description	Unit Price	Line Total	
36	Labor	$55.00	$1.760.00	
1	Mobilization	$65.00	$65.00	
1	Equipment	$45.00	$45.00	
	Materials		$5,968.00	

				
				
Total Due:	$7,838.00			
This Proposal is Valid for 30 days.

Client Signature: 	

!!"#$%& "

!!"#$%& i

	Summary of Invoices	

December 01, 2025 to December 31, 2025

General Fund				
	1/12/26	644-648	$	9,830.11	
	1/16/26	649-656	$	44,680.11	
	1/23/26	657-662	$	25,617.71	
	1/29/26	663	$	906.30	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/01/26	PAGE	1
*** CHECK DATES 01/01/2026 - 01/31/2026 ***	ASTONIA CDD-GENERAL FUND
BANK B ASTONIA GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/12/26 00020 12/30/25 22570	202512 310-51300-31100	*	625.00
ENGINEERING SVCS-DEC25
HUNTER ENGINEERING, INC.	625.00 000644
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/12/26 00027 12/23/25 68454598 202512 330-57200-48100	*	125.00
PEST CONTROL-DEC25
MASSEY SERVICES	125.00 000645
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/12/26 00025	1/01/26 30146	202601 320-53800-46500	*	2,500.00
POOL MAINTENANCE-JAN26
MCDONNELL CORPORATION	2,500.00 000646
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/12/26 00032 12/31/25 12416228 202512 330-53800-48100	*	2,263.11
SECURITY SVCS-DEC25
SECURITAS SECURITY SERVICES USA INC	2,263.11 000647
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/12/26 00042	1/02/26 215896	202601 320-53800-46200	*	4,317.00
LANDSCAPE MAINT-JAN26
WEBER ENVIRONMENTAL SERVICES LLC	4,317.00 000648
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/16/26 00018	1/15/26 01152026 202601 300-20700-10000	*	4,389.16
TXFER OF TAX RCPTS S2020
ASTONIA CDD/US BANK	4,389.16 000649
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
1/16/26 00018	1/15/26 01152026 202601 300-20700-10000	*	5,076.10
TXFER OF TAX RCPTS S2024
ASTONIA CDD/US BANK	5,076.10 000650
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
1/16/26 00018	1/15/26 01152026 202601 300-20700-10000	*	5,608.05
TXFER OF TAX RCPTS S2023
ASTONIA CDD/US BANK	5,608.05 000651
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
1/16/26 00018	1/15/26 01152026 202601 300-20700-10000	*	7,966.41
TXFER TAX RCPTS-S21 NORTH
ASTONIA CDD/US BANK	7,966.41 000652
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
1/16/26 00018	1/15/26 01152026 202601 300-20700-10000	*	11,250.81
TXFER TAX RCPTS S2021 AA2
ASTONIA CDD/US BANK	11,250.81 000653
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - - - - - - - - - - - - - - -
1/16/26 00028 12/31/25 00075053 202512 310-51300-48000	*	175.83
NOT OF RULE DEVELOPMENT
GANNETT MEDIA CORP DBA GANNETT	175.83 000654
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/16/26 00001	1/01/26 197	202601 320-53800-34000	*	1,666.67
FIELD MANAGEMENT-JAN26
ASTO ASIONIA CDD	IARAUJO
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER	2
*** CHECK DATES 01/01/2026 - 01/31/2026 ***	ASTONIA CDD-GENERAL FUND
BANK B ASTONIA GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	. INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS
198	202601 310-51300-34000
MANAGEMENT FEES-JAN26
198	202601 310-51300-35100
WEBSITE MANAGEMENT-JAN26
198	202601 310-51300-35200
INFORMATION TECH-JAN26
198	202601 310-51300-31300
DISSEMINATION SVCS-JAN26
198	202601 330-57200-48300
AMENITY ACCESS MGMT-JAN26
198	202601 310-51300-42500
COPIES-STAPLES FOR MTG
198	202601 310-51300-51000
OFFICE SUPPLIES 198
POSTAGE 198
COPIES
GOVERNMENTAL MANAGEMENT SERVICES-CF	8,245.82 000655
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/16/26 00042 10/29/25 213425	202511 320-53800-47300	*	1,967.93
FLUSH HEADS & VALVES
WEBER ENVIRONMENTAL SERVICES LLC	1,967.93 000656
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/23/26 00050	1/03/26 9318	202601 330-57200-48400	*	4,050.00
INSTALL HOLIDAY LIGHTS
1/03/26 9318	202601 330-57200-48400	*	4,050.00
REMOVAL HOLIDAY LIGHTS
SPARKLING POOLS AND LIGHTS LLC DBA	8,100.00 000657
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/23/26 00001 11/30/25 195	202511 330-57200-48000	*	385.00
AMENITY FENCE PICKETS
11/30/25 196	202511 330-57200-48000	*	275.00
AMENITIES INSTALL SIGNS
GOVERNMENTAL MANAGEMENT SERVICES-CF	660.00 000658
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/23/26 00011	1/16/26 13968	202512 310-51300-31500	*	1,491.89
ATTORNEY SVCS-DEC25
KILINSKI VAN WYK PLLC	1,491.89 000659
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/23/26 00037	1/13/26 213	202601 310-51300-42000	*	439.82
REIMBURSEMENT OF POSTAGE
POLK COUNTY TAX COLLECTOR	439.82 000660
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/23/26 00049	1/07/26 CASE CUT 202510 320-53800-49000	*	200.00
WATERING ON RESTRICT DAY
POLK COUNTY UTILITIES ENVIRONMENTAL	200.00 000661
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
ASTO ASIONIA CDD	IARAUJO
AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/01/26	PAGE	3
*** CHECK DATES 01/01/2026 - 01/31/2026 ***	ASTONIA CDD-GENERAL FUND
BANK B ASTONIA GENERAL FUND

LANDSCAPE MAINT-DEC25

RPR EXIT BUTTON RESTROOM
225.00

TOTAL FOR BANK B	81,034.23
TOTAL FOR REGISTER	81,034.23

ASTO ASIONIA CDD	IARAUJO

!!"#$%& ii

Astonia
Community Development District

Unaudited Financial Reporting
January 31, 2026
Table of Contents

1

2-3

4

5

6

7

8

9

10

11

12

13

14

15-16

17

18
	Balance Sheet

	General Fund

	Capital Reserve Fund

	Debt Service Fund - Series 2020

	Debt Service Fund - Seriese 2021 A2

	Debt Service Fund - Series 2021 North Parcel

	Debt Service Fund - Series 2023

	Debt Service Fund - Series 2024

	Capital Projects Fund - Series 2020

	Capital Projects Fund - Series 2021 A2

	Capital Projects Fund - Series 2021 North Parcel

	Capital Projects Fund - Series 2023

	Capital Projects Fund - Series 2024

	Month to Month

	Assessment Receipt Schedule

	Long Term Debt Schedule
Astonia
Community Development District Combined Balance Sheet
January 31, 2026

Series 2021 North Parcel

Assigned for:
Astonia
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

Adopted	Prorated Budget	Actual		
Budget	Thru 01/31/26	Thru 01/31/26	Variance	

Revenues					
Assessements - Tax Roll	$	963,855	$	911,017	$	911,017	$	-	
Interest Income	$	-	$	-	$	5,481	$	5,481	
Miscellaneous Income	$	-	$	-	$	5,774	$	5,774	
Total Revenues	$	963,855	$	911,017	$	922,272	$	11,255	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	4,000	$	-	$	4,000	
FICA Expense	$	918	$	306	$	-	$	306	
Engineering	$	15,000	$	5,000	$	1,250	$	3,750	
Attorney	$	30,000	$	10,000	$	5,204	$	4,796	
Annual Audit	$	9,300	$	-	$	-	$	-	
Assessment Administration	$	7,030	$	7,030	$	7,030	$	(0)	
Arbitrage	$	2,250	$	450	$	450	$	-	
Dissemination	$	13,519	$	4,506	$	4,506	$	(0)	
Disclosure Software	$	5,000	$	1,500	$	1,500	$	-	
Trustee Fees	$	21,512	$	4,445	$	4,445	$	-	
Management Fees	$	46,350	$	15,450	$	15,450	$	-	
Information Technology	$	1,854	$	618	$	618	$	-	
Website Administration	$	1,236	$	412	$	412	$	-	
Postage & Delivery	$	2,500	$	833	$	776	$	57	
Insurance	$	7,085	$	7,085	$	6,530	$	555	
Copies	$	200	$	67	$	57	$	10	
Legal Advertising	$	6,000	$	2,000	$	813	$	1,187	
Contingency	$	2,200	$	733	$	60	$	673	
Office Supplies	$	250	$	83	$	2	$	81	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	184,379	$	64,694	$	49,279	$	15,414	
Astonia
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

Adopted	Prorated Budget	Actual		
Budget	Thru 01/31/26	Thru 01/31/26	Variance	

Operations & Maintenance					
Field Expenditures
Property Insurance	

$	22,292	

$	22,292	

$	20,358	

$	1,934	
Field Management	$	20,000	$	6,667	$	6,667	$	(0)	
Landscape Maintenance	$	245,000	$	81,667	$	76,172	$	5,495	
Landscape Replacement	$	35,000	$	11,667	$	-	$	11,667	
Lake Maintenace	$	30,000	$	10,000	$	7,325	$	2,675	
Streetlights	$	48,000	$	16,000	$	19,631	$	(3,631)	
Electric	$	15,872	$	5,291	$	1,522	$	3,769	
Water & Sewer	$	72,192	$	24,064	$	4,953	$	19,111	
Sidewalk & Asphalt Maintenance	$	2,500	$	833	$	-	$	833	
Irrigation Repairs	$	15,000	$	5,000	$	1,968	$	3,032	
General Repairs & Maintenance	$	17,000	$	5,667	$	1,567	$	4,099	
Contingency	$	15,000	$	5,000	$	1,066	$	3,934	
Subtotal Field Expenditures	$	537,856	$	194,146	$	141,228	$	52,918	

Amenity Expenses
Amenity - Electric	

$	17,250	

$	5,750	

$	4,707	

$	1,043	
Amenity - Water	$	33,770	$	11,257	$	8,254	$	3,003	
Internet	$	3,000	$	1,000	$	480	$	520	
Pest Control	$	1,500	$	500	$	500	$	-	
Janitorial Service	$	20,000	$	6,667	$	5,320	$	1,347	
Security Services	$	50,770	$	16,923	$	10,581	$	6,342	
Pool Maintenance	$	36,000	$	12,000	$	10,000	$	2,000	
Amenity Repairs & Maintenance	$	15,000	$	5,000	$	2,598	$	2,402	
Amenity Management	$	15,000	$	5,000	$	5,000	$	-	
Holiday Lights	$	15,000	$	5,000	$	8,100	$	(3,100)	
Contingency	$	10,000	$	3,333	$	600	$	2,733	
Subtotal Amenity Expenditures	$	217,290	$	72,430	$	56,140	$	16,290	
					
Total Expenditures	$	939,524	$	331,270	$	246,647	$	84,623	
					
Excess (Deficiency) of Revenues over Expenditures	$	0		$	675,625		

Other Financing Sources/(Uses)					
Transfer In/(Out) - Capital Reserves	$	(24,330)	$	-	$	-	$	-	
Total Other Financing Sources (Uses)	$	(24,330)	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	(0)		$	675,625		
					
Fund Balance - Beginning	$	-		$	590,432		
					
Fund Balance - Ending	$	(0)		$	1,266,057		
Astonia
Community Development District Capital Reserve Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

	Adopted	Prorated Budget	Actual		
	Budget	Thru 01/31/26	Thru 01/31/26	Variance	

Revenues:					
Interest	$	3,000	$	1,000	$	2,207	$	1,207	
Total Revenues	$	3,000	$	1,000	$	2,207	$	1,207	

Expenditures:

Contingency	

$	1,000	

$	-	

$	-	

$	-	
Total Expenditures	$	1,000	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	2,000		$	2,207		

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	24,330	

$	-	

$	-	

$	-	
Total Other Financing Sources (Uses)	$	24,330	$	-	$	-	$	-	
					
Net Change in Fund Balance	$	26,330		$	2,207		

Fund Balance - Beginning	$	183,674		$	184,203	
				
Fund Balance - Ending	$	210,004		$	186,410	
Astonia
Community Development District Debt Service Fund - Series 2020
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

	Adopted	Prorated Budget	Actual		
	Budget	Thru 01/31/26	Thru 01/31/26	Variance	

Revenues					
Assessments - Tax Roll	$	220,403	$	205,938	$	205,938	$	-	
Interest	$	4,000	$	2,062	$	2,062	$	-	
Total Revenues	$	224,403	$	208,000	$	208,000	$	-	

Expenditures:					
Interest Payment - 11/01	$	68,256	$	68,256	$	68,256	$	-	
Principal Payment - 05/01	$	80,000	$	-	$	-	$	-	
Interest Payment - 05/01	$	68,256	$	-	$	-	$	-	
Total Expenditures	$	216,513	$	68,256	$	68,256	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	7,891	$	139,743	$	139,743	$	-	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	-	$	9,142	$	9,142	
Total Other Financing Sources (Uses)	$	-	$	-	$	9,142	$	9,142	
					
Net Change in Fund Balance	$	7,891		$	148,885		
					
Fund Balance - Beginning	$	97,991		$	204,656		
					
Fund Balance - Ending	$	105,881		$	353,542		
Astonia
Community Development District Debt Service Fund - Series 2021 A2
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

	Adopted	Prorated Budget	Actual				
	Budget	Thru 01/31/26	Thru 01/31/26		Variance		

Revenues:							
Assessments - Tax Roll	$	558,500	$	527,884	$	527,884	$		-	
Interest	$	10,000	$	5,800	$	5,800	$		-	
Total Revenues	$	568,500	$	533,684	$	533,684	$		-	

Expenditures:							
Interest Payment - 11/01	$	168,785	$	168,785	$	168,785	$		-	
Principal Payment - 05/01	$	220,000	$	-	$	-	$		-	
Interest Payment - 05/01	$	168,785	$	-	$	-	$		-	
Total Expenditures	$	557,570	$	168,785	$	168,785	$		-	
							
Excess (Deficiency) of Revenues over Expenditures	$	10,930		$	364,899				
							
Fund Balance - Beginning	$	285,863		$	564,725				
							
Fund Balance - Ending	$	296,793		$	929,625				
Astonia
Community Development District
Debt Service Fund - Series 2021 North Parcel
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

	Adopted	Prorated Budget	Actual				
	Budget	Thru 01/31/26	Thru 01/31/26		Variance		

Revenues:							
Assessments	$	395,460	$	373,782	$	373,782	$		-	
Interest	$	5,000	$	3,992	$	3,992	$		-	
Total Revenues	$	400,460	$	377,774	$	377,774	$		-	

Expenditures:							
Interest Payment - 11/01	$	116,218	$	116,218	$	116,218	$		-	
Principal Payment - 05/01	$	165,000	$	-	$	-	$		-	
Interest Payment - 05/01	$	116,218	$	-	$	-	$		-	
Total Expenditures	$	397,435	$	116,218	$	116,218	$		-	
							
Excess (Deficiency) of Revenues over Expenditures	$	3,025	$	261,556	$	261,556	$		-	
							
Fund Balance - Beginning	$	190,028		$	388,466				
							
Fund Balance - Ending	$	193,053		$	650,022				
Astonia
Community Development District Debt Service Fund - Series 2023
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

	Adopted	Prorated Budget	Actual				
	Budget	Thru 01/31/26	Thru 01/31/26		Variance		

Revenues:							
Assessments	$	278,389	$	263,128	$	263,128	$		-	
Interest	$	5,000	$	1,907	$	1,907	$		-	
Total Revenues	$	283,389	$	265,035	$	265,035	$		-	

Expenditures:							
Interest Payment - 12/01	$	104,741	$	104,741	$	104,741	$		-	
Principal Payment - 06/15	$	70,000	$	-	$	-	$		-	
Interest Payment - 06/15	$	104,741	$	-	$	-	$		-	
Total Expenditures	$	279,481	$	104,741	$	104,741	$		-	
							
Excess (Deficiency) of Revenues over Expenditures	$	3,907	$	160,294	$	160,294	$		-	
							
Fund Balance - Beginning	$	143,836		$	171,480				
							
Fund Balance - Ending	$	147,744		$	331,774				
Astonia
Community Development District Debt Service Fund - Series 2024
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

	Adopted	Prorated Budget	Actual				
	Budget	Thru 01/31/26	Thru 01/31/26		Variance		

Revenues:							
Assessments	$	251,983	$	238,169	$	238,169	$		-	
Interest	$	5,000	$	3,628	$	3,628	$		-	
Total Revenues	$	256,983	$	241,798	$	241,798	$		-	

Expenditures:							
Interest Payment - 11/01	$	97,958	$	97,958	$	97,958	$		-	
Principal Payment - 05/01	$	55,000	$	-	$	-	$		-	
Interest Payment - 05/01	$	97,958	$	-	$	-	$		-	
Total Expenditures	$	250,916	$	97,958	$	97,958	$		-	
							
Excess (Deficiency) of Revenues over Expenditures	$	6,066	$	143,839	$	143,839	$		-	
							
Fund Balance - Beginning	$	125,828		$	372,383				
							
Fund Balance - Ending	$	131,894		$	516,222				
Astonia
Community Development District Capital Projects Fund - Series 2020
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

Revenues:

Interest
$	-	$
-	$	111	$
111

Expenditures:

Capital Outlay
$	-	$
-	$	-	$	-

Astonia
Community Development District Capital Projects Fund - Series 2021 A2
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

	Adopted	Prorated Budget	Actual			
	Budget	Thru 01/31/26	Thru 01/31/26	Variance		

Revenues:

Interest	

$	-	

$	-	$	1	

$	

1	
Total Revenues	$	-	$	-	$	1	$	1	

Expenditures:

Capital Outlay	

$	-	

$	-	$	-	

$	-		
Total Expenditures	$	-	$	-	$	-	$	-		
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	1			

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	-	

$	-	$	-	

$	-		
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-		
					
Net Change in Fund Balance	$	-	$	1			

Astonia
Community Development District Capital Projects Fund - Series 2021 North Parcel
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

Revenues:

Developer Contributions
$	-	$
-	$	-	$	-

Expenditures:

Capital Outlay
$	-	$
-	$	-	$	-

Astonia
Community Development District Capital Projects Fund - Series 2023
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

	Adopted	Prorated Budget	Actual			
	Budget	Thru 01/31/26	Thru 01/31/26	Variance		

Revenues:

Interest	

$	-	

$	-	$	2	

$	

2	
Total Revenues	$	-	$	-	$	2	$	2	

Expenditures:

Capital Outlay	

$	-	

$	-	$	-	

$	-		
Total Expenditures	$	-	$	-	$	-	$	-		
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	2			

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	-	

$	-	$	-	

$	-		
Total Other Financing Sources (Uses)	$	-	$	-	$	-	$	-		
					
Net Change in Fund Balance	$	-	$	2			

Astonia
Community Development District Capital Projects Fund - Series 2024
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2026

	Adopted	Prorated Budget	Actual			
	Budget	Thru 01/31/26	Thru 01/31/26	Variance		

Revenues:

Interest	

$	-	

$	-	$	0	

$	

0	
Total Revenues	$	-	$	-	$	0	$	0	

Expenditures:					
Capital Outlay	$	-	$	-	$	-	$	-		
Total Expenditures	$	-	$	-	$	-	$	-		
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	0			

Astonia
Community Development District Month to Month

Revenues						
Assessment - Tax Roll	$	445	$	45,237	$	736,759	$	128,577	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	911,017	
Interest Income	$	1,587	$	814	$	815	$	2,265	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,481	
Miscellaneous Income	$	60	$	-	$	-	$	5,714	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,774	
Total Revenues	$	1,647	$	814	$	815	$	7,979	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	922,272	

Expenditures:						
Administrative						
Supervisor Fees	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
FICA Expense	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Engineering	$	250	$	250	$	625	$	125	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,250	
Attorney	$	1,576	$	1,255	$	1,492	$	882	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,204	
Annual Audit	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Assessment Administration	$	7,030	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	7,030	
Arbitrage	$	450	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	450	
Dissemination	$	1,127	$	1,127	$	1,127	$	1,127	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	4,506	
Disclosure Software	$	1,500	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	1,500	
Trustee Fees	$	4,445	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	4,445	
Management Fees	$	3,863	$	3,863	$	3,863	$	3,863	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	15,450	
Information Technology	$	155	$	155	$	155	$	155	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	618	
Website Maintenance	$	103	$	103	$	103	$	103	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	412	
Postage & Delivery	$	175	$	86	$	9	$	507	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	776	
Insurance	$	6,530	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,530	
Printing & Binding	$	7	$	-	$	35	$	15	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	57	
Legal Advertising	$	-	$	637	$	176	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	813	
Contingency	$	-	$	-	$	-	$	60	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	60	
Office Supplies	$	1	$	1	$	0	$	0	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	2	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	175	
Total General & Administrative:	$	27,384	$	7,475	$	7,584	$	6,836	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	49,279	
Astonia
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	Mar		Apr	May		Jun		Jul	Aug		Sep	Total	

Operations & Maintenance Field Services
Property Insurance	$	20,358  $	-  $	-  $	-  $		

-  $	

-  $		

-  $	

-  $		

-  $		

-  $	

-  $		

-  $	20,358	
Field Management	$	1,667  $	1,667  $	1,667  $	1,667  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	6,667	
Landscape Maintenance	$	19,043  $	19,043  $	19,043  $	19,043  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	76,172	
Landscape Replacement	$	-  $	-  $	-  $	-  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	-	
Lake Maintenace	$	1,900  $	1,900  $	1,625  $	1,900  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	7,325	
Streetlights	$	7,197  $	3,807  $	4,885  $	3,741  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	19,631	
Electric	$	1,025  $	203  $	182  $	111  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	1,522	
Water & Sewer	$	1,136  $	2,568  $	800  $	450  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	4,953	
Sidewalk & Asphalt Maintenance	$	-  $	-  $	-  $	-  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	-	
Irrigation Repairs	$	-  $	1,968  $	-  $	-  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	1,968	
General Repairs & Maintenance	$	509  $	398  $	661  $	-  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	1,567	
Contingency	$	1,059  $	7  $	-  $	-  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	1,066	
Subtotal Field Expenses	$	53,893  $	31,561  $	28,863  $	26,912  $		-  $	-  $		-  $	-  $		-  $		-  $	-  $		-  $	141,228	

Amenity Expenses Amenity - Electric Amenity - Water Internet
Pest Control Janitorial Service Security Services Pool Maintenance
Amenity Repairs & Maintenance Amenity Access Management Holiday Lights
Contingency

$	1,942  $
$	3,434  $
$	120  $
$	125  $
$	1,300  $
$	2,659  $
$	2,500  $
$	75  $
$	1,250  $
$	-  $
$	600  $

870  $
1,743  $
120  $
125  $
1,340  $
2,949  $
2,500  $
660  $
1,250  $
-  $
-  $

1,093  $
2,039  $
120  $
125  $
1,350  $
2,263  $
2,500  $
863  $
1,250  $
-  $
-  $

803  $
1,038  $
120  $
125  $
1,330  $
2,710  $
2,500  $
1,000  $
1,250  $
8,100  $
-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $	4,707
-  $	8,254
-  $	480
-  $	500
-  $	5,320
-  $	10,581
-  $	10,000
-  $	2,598
-  $	5,000
-  $	8,100
-  $	600

ASTONIA CDD
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2026

ON ROLL ASSESSMENTS

Gross Assessments	$ 1,036,401.42	$  234,281.01	$  600,537.63	$  425,225.81	$  299,342.64	$  270,948.72	$ 2,866,737.23	
Net Assessments	$  963,853.32	$  217,881.34	$  558,500.00	$  395,460.00	$  278,388.66	$  251,982.31	$ 2,666,065.62	
		021	022	023	024	025		
	36.15%	8.17%	20.95%	14.83%	10.44%	9.45%	100.00%	

Date	
Distribution	
Gross Amount	
Discount/Penalty	
Commission	
Interest	
Property Appraiser	
Net Receipts	
General Fund	2020 Debt Service	2021 (AA2) Debt
Service	2021 (North) Debt Service	2023 Debt Service	2024 Debt Service	
Total	

10/31/25	
07/01/25-09/30/25	
$0.00	
$0.00	
$0.00	
$1,231.50	
$0.00	
$1,231.50	
$445.22	
$100.65	
$257.98	
$182.67	
$128.59	
$116.39	
$1,231.50	
11/10/25	10/20/25-10/21/25	$2,095.71	($110.04)	($39.71)	$0.00	$0.00	$1,945.96	$703.52	$159.03	$407.65	$288.64	$203.20	$183.92	$1,945.96	
11/14/25	10/01/25-10/31/25	$29,145.15	($1,165.71)	($559.59)	$0.00	$0.00	$27,419.85	$9,913.00	$2,240.86	$5,744.04	$4,067.21	$2,863.16	$2,591.58	$27,419.85	
11/21/25	11/01/25-11/07/25	$58,418.40	($2,336.62)	($1,121.64)	$0.00	$0.00	$54,960.14	$19,869.55	$4,491.55	$11,513.31	$8,152.29	$5,738.90	$5,194.54	$54,960.14	
11/22/25	Invoice#4652309	$0.00	$0.00	$0.00	$0.00	($18,303.37)	($18,303.37)	($6,617.15)	($1,495.82)	($3,834.28)	($2,714.96)	($1,911.22)	($1,729.94)	($18,303.37)	
11/22/25	Invoice#4652310	$0.00	$0.00	$0.00	$0.00	($10,364.01)	($10,364.01)	($3,746.86)	($846.99)	($2,171.11)	($1,537.30)	($1,082.20)	($979.55)	($10,364.01)	
11/26/25	11/08/25-11/15/25	$73,838.95	($2,953.23)	($1,417.71)	$0.00	$0.00	$69,468.01	$25,114.53	$5,677.20	$14,552.49	$10,304.25	$7,253.80	$6,565.75	$69,468.02	
12/08/25	11/16/25-11/25/25	$161,130.29	($6,444.67)	($3,093.71)	$0.00	$0.00	$151,591.91	$54,804.49	$12,388.68	$31,756.19	$22,485.77	$15,829.12	$14,327.66	$151,591.91	
12/19/25	11/26/25-11/30/25	$1,951,299.87	($78,044.86)	($37,465.10)	$0.00	$0.00	$1,835,789.91	$663,686.66	$150,027.95	$384,569.93	$272,304.43	$191,691.86	$173,509.08	$1,835,789.91	
12/31/25	12/01/25-12/15/25	$55,321.73	($3,760.91)	($1,031.22)	$0.00	$0.00	$50,529.60	$18,267.79	$4,129.48	$10,585.18	$7,495.10	$5,276.26	$4,775.79	$50,529.60	
01/09/26	12/16/25-12/31/25	$372,723.64	($14,532.76)	($7,163.82)	$0.00	$0.00	$351,027.06	$126,905.58	$28,687.31	$73,534.80	$52,068.17	$36,653.99	$33,177.21	$351,027.06	
01/29/26	10/01/25-12/31/25	$0.00	$0.00	$0.00	$4,622.08	$0.00	$4,622.08	$1,671.00	$377.74	$968.26	$685.60	$482.63	$436.85	$4,622.08	

TOTAL	$	2,703,973.74  $	(109,348.80) $	(51,892.50) $	5,853.58	$	(28,667.38) $ 2,519,918.64	$  911,017.33	$  205,937.64	$  527,884.44	$  373,781.87	$  263,128.09	$  238,169.28	$ 2,519,918.65	

Astonia
Community Development District Long Term Debt Report

SERIES 2020, SPECIAL ASSESSMENT BONDS

INTEREST RATES:	2.750%, 3.375%, 4.000%
MATURITY DATE:	5/1/2051
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE RESERVE FUND REQUIREMENT		$108,689
RESERVE FUND BALANCE	$108,689

BONDS OUTSTANDING - 3/17/21	$3,830,000
SPECIAL CALL - 02/01/22	($40,000)
PRINCIPAL PAYMENT - 05/01/22	($70,000)
SPECIAL CALL - 05/01/22	($10,000)
PRINCIPAL PAYMENT - 05/01/23	($75,000)
PRINCIPAL PAYMENT - 05/01/24	($75,000)
PRINCIPAL PAYMENT - 05/01/25	($75,000)	
CURRENT BONDS OUTSTANDING	$3,485,000	

SERIES 2021, AREA 2 SPECIAL ASSESSMENT BONDS

INTEREST RATES:	2.50%, 3.00%, 3.20%, 4.00%
MATURITY DATE:	5/1/2052
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE RESERVE FUND REQUIREMENT		$279,020
RESERVE FUND BALANCE	$279,020

BONDS OUTSTANDING - 7/20/21	$10,065,000
PRINCIPAL PAYMENT - 05/01/23	($205,000)
PRINCIPAL PAYMENT - 05/01/24	($210,000)
PRINCIPAL PAYMENT - 05/01/25	($215,000)	
CURRENT BONDS OUTSTANDING	$9,435,000	

SERIES 2021, NORTH PARCEL SPECIAL ASSESSMENT BONDS

INTEREST RATES:	2.50%, 3.00%, 3.20%, 4.00%
MATURITY DATE:	5/1/2052
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE RESERVE FUND REQUIREMENT		$197,686
RESERVE FUND BALANCE	$197,686

BONDS OUTSTANDING - 7/20/21	$7,155,000
PRINCIPAL PAYMENT - 05/01/22	($145,000)
PRINCIPAL PAYMENT - 05/01/23	($150,000)
PRINCIPAL PAYMENT - 05/01/24	($155,000)
PRINCIPAL PAYMENT - 05/01/25	($160,000)	
CURRENT BONDS OUTSTANDING	$6,545,000	

SERIES 2023, AREA 3 SPECIAL ASSESSMENT BONDS

INTEREST RATES:	4.350%, 5.125%, 5.375%
MATURITY DATE:	6/15/2053
RESERVE FUND DEFINITION	50% MAXIMUM ANNUAL DEBT SERVICE RESERVE FUND REQUIREMENT		$27,839
RESERVE FUND BALANCE	$27,839

BONDS OUTSTANDING - 05/23/23	$4,165,000
PRINCIPAL PAYMENT - 06/01/24	($60,000)
PRINCIPAL PAYMENT - 06/01/25	($65,000)	
CURRENT BONDS OUTSTANDING	$4,040,000	

SERIES 2024, AREA 4 SPECIAL ASSESSMENT BONDS

INTEREST RATES:	4.500%, 5.375%, 5.700%
MATURITY DATE:	5/1/2024
RESERVE FUND DEFINITION	MAXIMUM ANNUAL DEBT SERVICE RESERVE FUND REQUIREMENT		$251,983
RESERVE FUND BALANCE	$251,983

BONDS OUTSTANDING - 01/30/24	$3,640,000
PRINCIPAL PAYMENT - 05/01/25	($50,000)	
CURRENT BONDS OUTSTANDING	$3,590,000