Founders Ridge Community 
Development District 
Agenda 
August 22, 2023 

AGENDA 

Founders Ridge 


Community Development District 

219 East Livingston Street, Orlando, Florida 32801 
Phone: 407-841-5524-Fax: 407-839-1526 

August 15, 2023 

Board of Supervisors 
Founders Ridge Community 
Development District 


Dear Board Members: 

The Board of Supervisors of the Founders Ridge Community Development District will meet 
Tuesday, August 22, 2023 at 11:00 AM at the Minneola City Hall, 800 N. U.S. Highway 27, 
Minneola, FL 34715. Following is the advance agenda for the meeting: 

I. Roll Call 
IL Public Comment Period 
III. 
Approval of Minutes of the May 23, 2023 Board of Supervisors Meeting 
IV. Public Hearing 
A. 
Consideration of Resolution 2023-04 Adopting the Fiscal Year 2024 Budget and 
Relating to the Annual Appropriations 
V. Consideration of Fiscal Year 2023-2024 Developer Funding Agreement 
VI. Discussion of Satisfaction of Terms of Settlement Agreement And Ratification of Notice of 
Release of Lien for Fiscal Years 2013 - 2019 Budgets 
VIL Staff Reports 


A. 
Attorney 
B. 
District Manager's Report 
i. 
Balance Sheet and Income Statement 
ii. 
Ratification of Funding Requests #8 -#10 
iii. Approval of Fiscal Year 2024 Meeting Schedule 
VIII. Supervisor's Requests 
IX. Adjournment 
Sincerely, 


George S. Flint 
District Manager 

CC: Tucker Mackie, District Counsel 
Enclosures 


MINUTES 

MINUTES OF MEETING 
FOUNDERS RIDGE 
COMMUNITY DEVELOPMENT DISTRICT 
The regular meeting of the Board of Supervisors of the Founders Ridge Community 
Development District was held Tuesday, May 23, 2023 at 11:00 a.m. in the Minneola City Hall, 
800 N. U.S. Highway 27, Minneola, Florida. 
Present and constituting a quorum were: 
Aaron Blake Chairman 
Joe Zagame Vice Chairman 
Darby Shields Secretary 
Also present were: 
George Flint District Manager 
Tucker Mackie by phone District Counsel 
Robert Zebro Developer’s Counsel 
FIRST ORDER OF BUSINESS Roll Call 
Mr. Flint called the meeting to order and called the roll. 
SECOND ORDER OF BUSINESS Public Comment Period 
There being none, the next item followed. 
THIRD ORDER OF BUSINESS Organizational Matters 
Mr. Flint stated you did have a Landowner election last November and there were three 
seats up for election. Only one person was elected, the other two seats remain vacant. Ms. 
Shields was elected to one of the seats for a four-year term and before the meeting I did 
administer the Oath of Office to Ms. Shields. 
A. Administration of Oaths of Office to Newly Elected Board Members 
The Oath was administered prior to the beginning of the meeting. 
B. Consideration of Resolution 2023-01 Canvassing and Certifying the Results of 
the Landowners’ Election 
Mr. Flint stated Resolution 2023-01 certifies the results of the Landowners’ meeting. Ms. 
Shields was elected to a four-year term of office with 240 votes. 

May 23, 2023 Founders Ridge CDD 
2 
On MOTION by Mr. Blake seconded by Ms. Shields with all in 
favor Resolution 2023-01 Canvassing and Certifying the Results of 
the Landowners’ Election was approved. 
C. Consideration of Resolution 2023-02 Electing Officers 
Mr. Flint stated after each election the Board is required to elect officers and Resolution 
2023-02 is in the agenda. We can handle each seat individually or a Board Member can make a 
motion to elect a slate of officers. 
Currently Aaron is Chair, Joe is Vice Chair, Darby is Secretary, Jill Burns in my office is 
Treasurer, I am an Assistant Secretary, Jason Showe is an Assistant Secretary and Katie Costa is 
an Assistant Treasurer. 
On MOTION by Mr. Blake seconded by Ms. Shields with all in 
favor Resolution 2023-02 was approved, reflecting the same slate of 
officers. 
FOURTH ORDER OF BUSINESS Approval of the Minutes of the August 30, 
2022 Board of Supervisors Meeting and 
Acceptance of the November 29. 2022 
Landowners’ Meeting Minutes 
On MOTION by Mr. Blake seconded by Ms. Shields with all in 
favor the minutes of the August 30, 2022 meeting were approved as 
amended, and the November 29, 2022 Landowners’ meeting 
minutes were accepted. 
FIFTH ORDER OF BUSINESS Ratification of Audit Engagement Letter with 
Grau & Associates 
On MOTION by Mr. Blake seconded by Ms. Shields with all in 
favor the engagement letter with Grau & Associates to perform the 
Fiscal Year 2022 Audit in an amount not to exceed $3,100 was 
ratified. 
SIXTH ORDER OF BUSINESS Review and Acceptance of Fiscal Year 2022 
Audit 
Mr. Flint stated next is the Fiscal Year 2022 audit report. On page 50 of the PDF you can 
see the current year finding and recommendation. It is the same as the prior year. There is a 
deficit in the general fund that will end up going away once the settlement is fully paid but right 
now we are carrying a liability associated with the full amount. The final payment is due in July 

May 23, 2023 Founders Ridge CDD 
3 
and once that is paid then the remaining part of the amount that was outstanding will be written 
off so that comment should go away in the next audit. The audit is filed with the state and if there 
are any findings or recommendations, they are reviewed by the Auditor General’s office and the 
Governor’s office. We typically will get a letter asking if we really have a financial emergency 
and is there any state assistance necessary and our response is that we don’t need state assistance. 
This comment was not a surprise, it has been there, but it will go away. 
On MOTION by Mr. Blake seconded by Ms. Shields with all in 
favor the Fiscal Year 2022 audit report was accepted, and staff was 
authorized to transmit the final report to the State of Florida. 
SEVENTH ORDER OF BUSINESS Consideration of Resolution 2023-03 
Approving the Fiscal Year 2024 Budget and 
Setting a Public Hearing 
Mr. Flint stated Resolution 2023-03 approves the proposed Fiscal Year 2024 budget, 
which is attached as exhibit A and it sets the public hearing of August 22, 2023, at 11:00 a.m. in 
this location. The proposed budget, which is attached is not binding on the Board, it can be 
modified between now and at the public hearing. We basically kept it the same, the only item 
that has changed is the insurance and we included an increase for that based on feedback from 
the insurer that our premium may increase. Everything else remains the same and it contemplates 
that we will continue to operate under a developer funding agreement so the developer will only 
have to pay the actual costs, not necessarily the entire budget. 
On MOTION by Mr. Blake seconded by Ms. Shields with all in 
favor Resolution 2023-03 approving the Fiscal Year 2024 budget 
and setting August 22, 2023, as the public hearing for adoption was 
approved. 
EIGHTH ORDER OF BUSINESS Staff Reports 
A. Attorney 
Ms. Mackie stated I want to make the Board aware of one piece of legislation that did 
pass in the most recent legislative session, and it relates to obligations of District Board of 
Supervisors. Beginning January 1, 2024 Board Supervisors as public officers of the State of 
Florida are going to be required to undertake four hours of ethics training on an annual basis. 
Previously, public officers except independent special district Supervisors were to fulfill this 
obligation but the exemption would no longer apply. However, given that it has been a 

May 23, 2023 Founders Ridge CDD 
4 
requirement of other public officers there are opportunities that Supervisors can fulfill this online 
virtually and possibly at your leisure. You are going to receive additional correspondence from 
our office regarding that obligation and ways in which you can fulfill that requirement on an 
annual basis. 
Mr. Blake stated all three of us are real estate brokers. Would our ethics continuing 
education credits for the brokers class count towards that? It is way more than four hours. 
Ms. Mackie stated I don’t know that it would necessarily apply given that it is ethics 
particular to your office as a Supervisor in terms of Florida Sunshine Law, etc., but it may, so I 
will look into that. 
B. Engineer 
There being none, the next item followed. 
C. Manager 
i. Balance Sheet and Income Statement 
A copy of the financials was included in the agenda package. 
ii. Ratification of FY22 Funding Requests 9 & 10 
iii. Ratification of FY23 Funding Requests 1-7 
On MOTION by Mr. Blake seconded by Ms. Shields with all in 
favor FY22 funding requests 9 & 10 and FY23 funding requests 1-7 
were ratified. 
iv. Presentation of Number of Registered Voters – 0 
A copy of the letter from the Supervisor of Elections indicating that there are no 
registered voters residing within the District was included in the agenda package. 
NINTH ORDER OF BUSINESS Supervisors’ Requests 
There being no comments, the next item followed. 
TENTH ORDER OF BUSINESS Adjournment 

May 23, 2023 Founders Ridge CDD 
5 
On MOTION by Mr. Blake seconded by Ms. Shields with all in 
favor the meeting adjourned at 11:19 a.m. 
Secretary/Assistant Secretary Chairman/Vice Chairman 

SECTION IV 

SECTION A 

RESOLUTION 2023-04 
THE ANNUAL APPROPRIATION RESOLUTION OF THE FOUNDERS RIDGE COMMUNITY 
DEVELOPMENT DISTRICT (“DISTRICT”) RELATING TO THE ANNUAL APPROPRIATIONS AND 
ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2023 AND ENDING 
SEPTEMBER 30, 2024; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE 
DATE. 
WHEREAS, the District Manager has, prior to the fifteenth (15th) day in June, 2023, submitted to the Board 
of Supervisors (“Board”) of the Founders Ridge Community Development District (“District”) proposed budget 
(“Proposed Budget”) for the fiscal year beginning October 1, 2023 and ending September 30, 2024 (“Fiscal Year 
2023/2024”) along with an explanatory and complete financial plan for each fund of the District, pursuant to the 
provisions of Section 190.008(2)(a), Florida Statutes; and 
WHEREAS, at least sixty (60) days prior to the adoption of the Proposed Budget, the District filed a copy of 
the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District 
pursuant to the provisions of Section 190.008(2)(b), Florida Statutes; and 
WHEREAS, the Board set a public hearing thereon and caused notice of such public hearing to be given by 
publication pursuant to Section 190.008(2)(a), Florida Statutes; and 
WHEREAS, the District Manager posted the Proposed Budget on the District’s website at least two days 
before the public hearing; and 
WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1st of each year, the 
Board, by passage of the Annual Appropriation Resolution, shall adopt a budget for the ensuing fiscal year and 
appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the 
ensuing fiscal year; and 
WHEREAS, the District Manager has prepared a Proposed Budget, whereby the budget shall project the 
cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for 
emergency or other unanticipated expenditures during the fiscal year. 
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE FOUNDERS RIDGE 
COMMUNITY DEVELOPMENT DISTRICT: 
SECTION 1. BUDGET 
a. The Board has reviewed the Proposed Budget, a copy of which is on file with the office of the 
District Manager and at the District’s Local Records Office, and hereby approves certain 
amendments thereto, as shown in Section 2 below. 
b. The Proposed Budget, attached hereto as Exhibit A, as amended by the Board, is hereby adopted 
in accordance with the provisions of Section 190.008(2)(a), Florida Statutes (“Adopted Budget”), 
and incorporated herein by reference; provided, however, that the comparative figures contained 
in the Adopted Budget may be subsequently revised as deemed necessary by the District Manager 
to reflect actual revenues and expenditures. 
c. The Adopted Budget, as amended, shall be maintained in the office of the District Manager and at 
the District’s Local Records Office and identified as “The Budget for the Founders Ridge Community 
Development District for the Fiscal Year Ending September 30, 2024.” 

d. The Adopted Budget shall be posted by the District Manager on the District’s official website within 
thirty (30) days after adoption and shall remain on the website for at least 2 years. 
SECTION 2. APPROPRIATIONS 
There is hereby appropriated out of the revenues of the District, for Fiscal Year 2023/2024, the sum of 
$________________ to be raised by the levy of assessments and/or otherwise, which sum is deemed by the Board 
to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in 
the following fashion: 
TOTAL GENERAL FUND $__________________ 
TOTAL ALL FUNDS $__________________ 
SECTION 3. BUDGET AMENDMENTS 
Pursuant to Section 189.016, Florida Statutes, the District at any time within Fiscal Year 2023/2024, or 
within 60 days following the end of the Fiscal Year 2023/2024, may amend its Adopted Budget for that fiscal year as 
follows: 
a. A line-item appropriation for expenditures within a fund may be decreased or increased by motion 
of the Board recorded in the minutes, and approving the expenditure, if the total appropriations 
of the fund do not increase. 
b. The District Manager or Treasurer may approve an expenditure that would increase or decrease a 
line-item appropriation for expenditures within a fund if the total appropriations of the fund do 
not increase and if either (i) the aggregate change in the original appropriation item does not 
exceed the greater of $15,000 or 15% of the original appropriation, or (ii) such expenditure is 
authorized by separate disbursement or spending resolution. 
c. Any other budget amendments shall be adopted by resolution and consistent with Florida law. 
The District Manager or Treasurer must ensure that any amendments to the budget under paragraph c. 
above are posted on the District’s website within 5 days after adoption and remain on the website for at least 2 
years. 
SECTION 4. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption. 
PASSED AND ADOPTED THIS 22ND DAY OF AUGUST, 2023. 
ATTEST: FOUNDERS RIDGE COMMUNITY DEVELOPMENT 
DISTRICT 
By: 
Secretary / Assistant Secretary 
Its: 
Exhibit A: Fiscal Year 2023/2024 Budget 

Community Development District 
Proposed Budget 
FY 2024 
Founders Ridge

1 
2-4 
Table of Contents 
General Fund 
General Fund Narrative

Founders Ridge 
Community Development District 
Proposed Budget 
General Fund 
Description AFBYduo2dp0gt2ee3td PFBrYou2pd0ogs2ee4td 
DReevveelnoupeesr Contributions $ 42,156 $ 42,741 Total Revenues $ 42,156 $ 42,741 
Expenditures 
General & Administrative Supervisors Fees 4,000 $ 4,000 $ FICA Expense 306 $ 306 $ Engineering 2,000 $ 2,000 $ Attorney 6,000 $ 6,000 $ Annual Audit 3,500 $ 3,500 $ Management Fees 15,000 $ 15,000 $ Information Technology 1,200 $ 1,200 $ Website Maintenance 250 $ 250 $ Telephone 200 $ 200 $ Postage 1,000 $ 1,000 $ Insurance 5,906 $ 6,491 $ Printing & Binding 1,000 $ 1,000 $ Legal Advertising 1,000 $ 1,000 $ Other Current Charges 300 $ 300 $ Office Supplies 319 $ 319 $ Dues, Licenses, & Subscriptions 175 $ 175 $ Total Expenditures 42,156 $ 42,741 $ 
Excess Revenues/(Expenditures) - $ - $ 
1

Founders Ridge 
Community Development District GENERAL FUND BUDGET 
REVENUES: Developer Contributions The District will enter Fund expenditures for tihnet oF ias cFaul nYdeainrg. Agreement with the Developer to fund the General 
EXPENDITURES: Administrative: SbnCuuohptsa iepntrtoeve siress ox1 arc9nse0 deF,d emFe l$seo 4er,it8din0ag0 Ss t.p a etur tyees,a ar llpoawids ftoor eeaacchh Bsuopaerrdv misoerm fboerr tthoe r eticmeiev ed $e2v0ot0e dp etro m Deiesttirnicgt, FoRIfe CSpAur epEsexerpnvetinssso terh ech Eemckpsl.o yer’s share of Social Security and Medicare taxes withheld from Board Engineering Tathtee nDdiasntrciec ta'sn de npgrienpeaerra twioinll fboer mproonvtihdliyn gb ogaernde mrael eetninggins,e reerviniegw s einrvviociecse st,o e ttch. e District, e.g. Attorney TaeM.ghgare.n e aeDagmtiseteetrrnn.itdcsta,' snr cleeesg oaallun ctdioo unpnsrs,e eepl,ta cKr.ua attiasok nd R irofeoccrkt eLmdL oPbn, ypt hrtlohyve i dmBeeose agtreidnn geosrf,a lSp lurepegeparal vrsiaestroivorisnc easan ntdod tthhreee vDDieiiswsttr riicocttf, 
2

Founders Ridge 
Community Development District GENERAL FUND BUDGET 
Annual Audit 
The District is required annually to I Ansdseopcieantdese.n t Certified Public Accountincogn Fdiurcmt . aTnh ea uDdiistt roicf t itiss cfionnatnrcaicatle dr ewcoitrhd sG brayu a&n Management Fees sca TMeodharnmenvt iariDcnageiicessstmtt errideainc ntcwtilt vu irAetdeh gces rGe eebiorevuvvmetiesc er eannMsrmt,ea w nbeninuatogtdhtaeg Glmle Miotme vanpeinttrrea,ne dgApm eactmeocrnoa,e ttunrainoetl ctnMSio,ne arrgadnv lialian cgnegfeids nm a –aAnen Cddnce mti antSrilten arrrniavselsti pcFrcoraeloirtspirt-vtiCinideoeg anns, Lt ereoLratvfCcl i ..Fbc eloTosahr rieadd s aD m,p iLsaeLtrerCtti .ci onTtf gh iseas, 
Information Technology 
RsS seoeerfrptvvwreiecrasesres,e n-p,C ttosea snbivttlreiavatrseli o Ffpouloars yr mi cdieomaes, pttLi lnLeogCmfs ,fe oiAnnrdtf atoohtrbiemoe nD,a M tiasiiontcrndri oc ptst eorsocufthgc Onrhaof afmlisocm gevy,ii edn tegwco .f i tochor nfGfreaoruvedenr cpninrmoget, encctltoailuo dnM , saatoncrcaaoggueenm taeinnndgt Website Maintenance chpGRroeoeerspvafterotienrernsdgmem naiaenntnsn cd teata chladc esMoo srmcaedonsaassaintmngsce eeamrn sewtesnson,ie tctswh iSea aectCluershvdr, aii ctwpwyet seieat.br hn s di1mt 8efio 9rneb, iwatFcoalkorlilurn ipmdgs aa,a inneStdtteca n.tm uaTtanehicnsee.t ,a TDuinhpisiedntsargeit c ettssh e,e irds v oDiccciousetnmsr tiercinant’cctslt uuewddpee lob wassdiiitttshee, 
Telephone 
Telephone and fax machine. 
Postage 
Tdehleiv eDriisetsr,i ccto rirnecsuprosn dcheanrcgee, se tcfo. r mailing of Board meeting agenda packages, overnight 
3

Founders Ridge 
Community Development District GENERAL FUND BUDGET Insurance The District’s general liability, public officials’ liability and property with Florida Insurance Alliance. insurance coverages Printing & Binding sPtraitnitoinnagr ayn, den Bvienldoipnegs a egtecn. da packages for board meetings, printing of computerized checks, Legal Advertising iTnh ae nDeiswtrsipcat pise rr eoqf ugierneedr taol caidrvceurlatitsioe nv.a rious notices for Board meetings, public hearings, etc BOathnekr cChuarrrgeenst aCnhda ragneys o ther miscellaneous expenses incurred during the fiscal year. Office Supplies fAilney f osuldpeprlsie, lsa tbhealts ,m paayp enre celdip tso, betec p. urchased during the fiscal year, e.g., paper, minute books, Dues, Licenses & Subscriptions OThpep oDrtisutnriitcyt fiosr r$e1q7u5i.r eTdh itso i sp tahye oannl ya enxnpueanl sfee ue ntdoe rt hthei sF cloarteidgao rDy efopra rtthme eDnits troifc tE. conomic 
4

SECTION V 

1 
FOUNDERS RIDGE COMMUNITY DEVELOPMENT DISTRICT 
FISCAL YEAR 2023/2024 FUNDING AGREEMENT 
This Fiscal Year 2023/2024 Funding Agreement (“Agreement”) is made and entered into 
this __ day of ________________, 2023, by and between: 
Founders Ridge Community Development District, a local unit of specialpurpose 
government established pursuant to Chapter 190, Florida Statutes, and 
located in the City of Minneola, Florida ("District"), and 
Founders Ridge Development, LLC, a Delaware limited liability company and a 
landowner in the District with an address of 1990 Main Street, Suite 801, Sarasota, 
Florida 34236; and 
Founders Ridge Development II, LLC, a Florida limited liability company and a 
landowner in the District (collectively with Founders Ridge Development, LLC, 
the “Developer”) with an address of 1990 Main Street, Suite 801, Sarasota, Florida 
34236. 
RECITALS 
WHEREAS, the District was established by an ordinance adopted by the City Council of 
the City of Minneola, Florida, for the purpose of planning, financing, constructing, operating 
and/or maintaining certain infrastructure; and 
WHEREAS, the District, pursuant to Chapter 190, Florida Statutes, is authorized to levy 
such taxes, special assessments, fees and other charges as may be necessary in furtherance of the 
District's activities and services; and 
WHEREAS, Developer presently owns and/or is developing the majority of all real 
property described in Exhibit A, attached hereto and incorporated herein (“Property”), within the 
District, which Property will benefit from the timely construction and acquisition of the District's 
facilities, activities and services and from the continued operations of the District; and 
WHEREAS, the District is adopting its general fund budget for the fiscal year beginning 
October 1, 2023 and ending September 30, 2024 (“Fiscal Year 2023/2024 Budget”); and 
WHEREAS, this Fiscal Year 2023/2024 Budget, which both parties recognize may be 
amended from time to time in the sole discretion of the District, is attached hereto and incorporated 
herein by reference as Exhibit B; and 
WHEREAS, the District has the option of levying non-ad valorem assessments on all land, 
including the Property, that will benefit from the activities, operations and services set forth in the 
Fiscal Year 2023/2024 Budget, or utilizing such other revenue sources as may be available to it; 
and 

2 
WHEREAS, in lieu of levying assessments on the Property, the Developer is willing to 
provide such funds as are necessary to allow the District to proceed with its operations as described 
in Exhibit B; and 
WHEREAS, the Developer agrees that the activities, operations and services provide a 
special and peculiar benefit equal to or in excess of the costs reflected on Exhibit B to the Property; 
and 
WHEREAS, the Developer has agreed to enter into this Agreement in lieu of having the 
District levy and collect any non-ad valorem assessments as authorized by law against the Property 
located within the District for the activities, operations and services set forth in Exhibit B; and 
WHEREAS, Developer and District desire to secure such budget funding through the 
imposition of a continuing lien against the Property described in Exhibit A and otherwise as 
provided herein. 
NOW, THEREFORE, based upon good and valuable consideration and the mutual 
covenants of the parties, the receipt of which and sufficiency of which are hereby acknowledged, 
the parties agree as follows: 
1. FUNDING. The Developer agrees to make available to the District the monies 
necessary for the operation of the District, as called for in the budget attached hereto as Exhibit 
B, as may be amended from time to time in the District’s sole discretion, within thirty (30) days 
of written request by the District. Amendments to the Fiscal Year 2023/2024 Budget as shown on 
Exhibit B adopted by the District at a duly noticed meeting shall have the effect of amending this 
Agreement without further action of the parties. Funds provided hereunder shall be placed in the 
District's general checking account to fund approved expenses of the District. These payments are 
made by the Developer in lieu of taxes, fees, or assessments which might otherwise be levied or 
imposed by the District. 
2. CONTINUING LIEN. District shall have the right to file a continuing lien upon 
the Property described in Exhibit A for all payments due and owing under the terms of this 
Agreement and for interest thereon, and for reasonable attorneys’ fees, paralegals’ fees, expenses 
and court costs incurred by the District incident to the collection of funds under this Agreement or 
for enforcement this lien, and all sums advanced and paid by the District for taxes and payment on 
account of superior interests, liens and encumbrances in order to preserve and protect the District’s 
lien, provided however that the District may not file any such liens to collect funds due under this 
Agreement prior to providing Developer with written notice, including an invoice for any such 
amounts due, and such amounts due must remain unpaid for 15 days after Developer’s receipt of 
the written notice. The lien shall be effective as of the date and time of the recording of a “Notice 
of Lien for Fiscal Year 2023/2024 Budget” in the public records of Lake County, Florida 
(“County”), stating among other things, the description of the real property and the amount due 
as of the recording of the Notice, and the existence of this Agreement. After providing written 
notice and the opportunity to cure required in this paragraph, the District Manager, in its sole 
discretion, is hereby authorized by the District to file the Notice of Lien for Fiscal Year 2023/2024 
Budget on behalf of the District, without the need of further Board action authorizing or directing 

3 
such filing. At the District Manager’s direction, the District may also bring an action at law against 
the record title holder to the Property to pay the amount due under this Agreement, or may 
foreclose the lien against the Property in any manner authorized by law, provided however that the 
District may not file any such action at law prior to providing Developer with written notice of its 
intent to file such an action at law, including an invoice for any such amounts due, and such 
amounts due must remain unpaid for 15 days after Developer’s receipt of the written notice. The 
District will partially release any filed lien for portions of the Property subject to a plat (a) if and 
when the full amount owed by Developer hereunder has been paid or (b) if and when the Developer 
has demonstrated, in the District’s sole discretion, such release will not materially impair the 
ability of the District to enforce the collection of funds hereunder. In the event the Developer sells 
any of the Property described in Exhibit A after the execution of this Agreement, the Developer’s 
rights and obligations under this Agreement shall remain the same, provided however that the 
District shall only have the right to file a lien upon the remaining Property owned by the Developer. 
3. ALTERNATIVE COLLECTION METHODS. 
a. In the alternative or in addition to the collection method set forth in Paragraph 2 
above, the District may enforce the collection of funds due under this Agreement by action against 
the Developer in the appropriate judicial forum in and for the County, provided however that the 
District may not file any such enforcement action prior to providing Developer with written notice, 
including an invoice for any such amounts due, and such amounts due must remain unpaid for 15 
days after Developer’s receipt of the written notice. The enforcement of the collection of funds in 
this manner shall be in the sole discretion of the District Manager on behalf of the District. In the 
event that either party is required to enforce this Agreement by court proceedings or otherwise, 
then the parties agree that the prevailing party shall be entitled to recover from the other all costs 
incurred, including reasonable attorneys' fees and costs for trial, alternative dispute resolution, or 
appellate proceedings. 
b. The District hereby finds that the activities, operations and services set forth in 
Exhibit B provide a special and peculiar benefit to the Property, which benefit is initially allocated 
on an equal developable acreage basis. The Developer agrees that the activities, operations and 
services set forth in Exhibit B provide a special and peculiar benefit to the Property equal to or in 
excess of the costs set forth in Exhibit B, on an equal developable acreage basis. Therefore, in 
the alternative or in addition to the other methods of collection set forth in this Agreement, the 
District, in its sole discretion, provided that the District first provides Developer with written 
notice, including an invoice for any such amounts due, and such amounts due must remain unpaid 
for 15 days after Developer’s receipt of the written notice, may choose to certify amounts due 
hereunder as a non-ad valorem assessment on all or any part of the Property for collection, either 
through the Uniform Method of Collection set forth in Chapter 197, Florida Statutes, or under any 
method of direct bill and collection authorized by Florida law. Such assessment, if imposed, may 
be certified on the next available tax roll of the County property appraiser. 
4. AGREEMENT; AMENDMENTS. This Agreement shall constitute the final and 
complete expression of the agreement between the parties relating to the subject matter of this 
Agreement. Amendments to and waivers of the provisions contained in this Agreement may be 
made only by an agreement in writing which is executed by both of the parties hereto. 

4 
5. AUTHORIZATION. The execution of this Agreement has been duly authorized 
by the appropriate body or official of all parties hereto, each party has complied with all the 
requirements of law, and each party has full power and authority to comply with the terms and 
provisions of this Agreement. 
6. ASSIGNMENT. This Agreement may be assigned, in whole or in part, by either 
party only upon the written consent of the other, which consent shall not be unreasonably withheld. 
7. DEFAULT. A default by either party under this Agreement shall entitle the other 
to all remedies available at law or in equity, which shall include, but not be limited to, the right of 
damages, injunctive relief and specific performance and specifically including the ability of the 
District to enforce any and all payment obligations under this Agreement in the manner described 
herein in Paragraphs 2 and 3 above. 
8. THIRD PARTY RIGHTS; TRANSFER OF PROPERTY. This Agreement is 
solely for the benefit of the formal parties herein and no right or cause of action shall accrue upon 
or by reason hereof, to or for the benefit of any third party not a formal party hereto. Nothing in 
this Agreement expressed or implied is intended or shall be construed to confer upon any person 
or corporation other than the parties hereto any right, remedy or claim under or by reason of this 
Agreement or any provisions or conditions hereof; and all of the provisions, representations, 
covenants and conditions herein contained shall inure to the sole benefit of and shall be binding 
upon the parties hereto and their respective representatives, successors and assigns. In the event 
the Developer sells or otherwise disposes of its business or of all or substantially all of its assets 
relating to improvements, work product, or lands within the District, the Developer shall continue 
to be bound by the terms of this Agreement unless purchaser agrees in writing to be bound by the 
terms of this Agreement. The Developer will notify the District in writing before the recording of 
any deed transferring ownership of the Property to a person or entity. 
9. FLORIDA LAW GOVERNS. This Agreement and the provisions contained 
herein shall be construed, interpreted and controlled according to the laws of the State of Florida. 
10. ARM’S LENGTH TRANSACTION. This Agreement has been negotiated fully 
between the parties as an arm's length transaction. The parties participated fully in the preparation 
of this Agreement with the assistance of their respective counsel. In the case of a dispute 
concerning the interpretation of any provision of this Agreement, the parties are each deemed to 
have drafted, chosen and selected the language, and the doubtful language will not be interpreted 
or construed against any party. 
11. EFFECTIVE DATE. The Agreement shall be effective after execution by both 
parties hereto. The enforcement provisions of this Agreement shall survive its termination, until 
all payments due under this Agreement are paid in full. 

5 
IN WITNESS WHEREOF, the parties execute this Agreement the day and year first 
written above. 
Attest: Founders Ridge Community 
Development District 
____________________________ ____________________________ 
Secretary/Assistant Secretary By: _________________________ 
Its: _________________________ 
Founders Ridge Development, LLC, 
a Delaware limited liability company 
By: Avid Hunter Ltd., its Manager 
By: Avid Hunter Management Inc., its 
General Partner 
By: Klaus Gondert, President 
___________________________ 
___________________________ _____________________________ 
Witness (Print Name) 
Founders Ridge Development II, LLC, 
a Florida limited liability company 
By: Avid Hunter Ltd., its Manager 
By: Avid Hunter Management Inc., its 
General Partner 
By: Klaus Gondert, President 
__________________________ 
___________________________ _____________________________ 
Witness (Print Name) 
EXHIBIT A: Property Description 
EXHIBIT B: Fiscal Year 2023/2024 Budget 

6 
Exhibit A 
Property Description 

7 

8 
Exhibit B 
Budget 

SECTION VI 

This Instrument Prepared by 
and return to: 

KUTAK ROCK LLP 
107 West College Avenue 
Tallahassee, FL 32301 

FOUNDERS RIDGE COMMUNITY DEVELOPMENT DISTRICT 
NOTICE RELEASE OF LIEN FOR FISCAL YEAR 2013, 2014, 2015, 2016, 2017, 2018 
AND 2019 BUDGETS 


PLEASE TAKE NOTICE that before me, the undersigned authority, personally appeared 
George Flint, who, being duly sworn, states that she is the District Manager ofthe lienor herein, 
the Founders Ridge Community Development District, a local unit of special purpose government 
(the "District"), whose address is 219 East Livingston Street, Orlando, Florida 32801, and who 
affirms that the District, has released the lands described in Exhibit A attached hereto (the 
"Property") from the lien ofthe Funding Agreements described in that certain Notice ofLien for 
Fiscal Year 2013,2014,2015,2016,201 7,2018 and 2019 Budgets, recorded September 25,2019, 
atOfficialRecordsBook5346,Page2482 ofthePublicRecords ofLakeCounty, Florida. 

Accordingly, and solely with respect to the Property described in Exhibit A, the District 
hereby terminates, releases and discharges that certain Notice ofLien for Fiscal Year 2013, 2014, 
2015,2016,201 7,2018 and 2019 Budgets, recorded September 25, 2019, at Official Records Book 

5346, Page 2482 of the Public Records of Lake County, Florida. 

4871-5956-4393.1 


t'" \

EXECUTED this l day of :J v '-I 2023. 

FOUNDERS RIDGE COMMUNITY 
DEVELOPMENT DISTRICT 

By: ~ 
~~ 
'-....----George 
FI nt, District Manager 
Founders Ridge Community Development District 
GMS -Central Florida, LLC 
219 East Livingston Street 
Orlando, Florida 32801 

STATE OF FLORIDA ) 
COUNTY OF QrtlVl1(., ) 

I HEREBY CERTIFY that on this day, before me, an Officer duly authorized in the State 
and County aforesaid to take acknowledgements, personally appeared George Flint, District 
Manager ofthe Founders Ridge Community Development District, a special-purpose unit oflocal 
government created pursuant to and governed by Chapter 190, Florida Statutes, organized under 
the laws of the State of Florida, and he acknowledged before me that he executed the foregoing as 
such in the name and on behalf of the Founders Ridge Community Development District. He is 
personally known to me or has produced as identification and did 
not take an oath. 

WITNESS my hand and official seal in the State and County aforesaid this Si'n day of 
J~ 
2023. 

JtJ~fZgs 


~r" 
~ 
BRITfANY BROOKES 

~~ 
MY COMMISSION # HH54360 

. '>t"",:/ EXPIRES: October 18,2024 


4871-5956-4393.1 2 


ExhibitA 

MOlUtPARl"laJLAlU,YDISaUBID AS; 

'IHATPOR."llON OFBBCTIONS 5 AND 6,TOWNSltIP 2180tmI, RANQB 26&\ST. 
LAKRCOUNTY. FLOJUDA AS FOLLOWS: 

BBGINATmBNORllIBASTC01tNBROFTBBSU 1/4 OFSAID SBCTION 5;TlfBNCB 
RUN soo-~'UW 
ALONOmBBAST UNBOF SAJ!) sa11. A.DIstANCBOP1295.73 
FBBTroTlmHOllTH1UCUl'f OllWAY UHBOP 1URlCllY FARNB lWAD AS 
DllSClUBBD IN OPPlClAt.kE(101U) &OOKSS4. PAO)! 528.PUBUC aBCORDS, LAKE 
001IN1Y. FLORIDA;1HENCERUNN89'2-fOG"W ALONGSAID NORlHL1NB A 
DJSTANCEOP2637,72 PBBTTO THE WIIST UNBOFMOllBSAlD sa 1/4:THENCI! 
RUN ~45'0811W 
'ALONO 
SAID WBS'l"LlNB A,DISTANCB OP~ 
l'EBT TOTHB 
Ii9t1lHUNBOPTBBNOR'I1iV20PTHBSW1l4 OFSAID SBCIlON S.'IllBNCBR.UN 
N8M911~ 
ALONG SAID SOtmlLll'1'l5 A DISTANCE Of 2645.74 FBETTO nm 
WJ:lSTLINBOF sArD NORDf...()FTHE SW114:1'HSNCBRUNNOCM.9I2111JtAwNo 
SAJD WBSTLDIB ADISTANCB OP •1.26 FBBTTOnrB SOUtH UNB OPTKBNORnI 
1320.00FBBTOPGOVBRNMJ?NTLOT t OFSAID SBCnON6;'IHBNCRRIJN 
NBMS'2111WALONOSAn>SOUTHUNBADlSTANCI!oP UI6.44FBETTOnm 
WESr UNBOFSAJOl«l1U1J l:ml.OOFmn' OFQOVERNMBNTLOT 1:THBNCBlUm 
NOM6'U"£.ALONGSAID WB,STUNBADlSTANCBOFt!20.00llEBTTO1lIBSOUI'H 
LINBOF1HP.EAST495.00P'BE!'OFTHBSW1/4Of TImHE1140P SAID SBCllON6. 
TIiBNCB RUNNW25'21"W ALONG SAJI) SOUtHLlNBADISTANCE OF4~s..OO 
FEBT 
TOmBWESTLINE OFSAID BAST 49S,OOPB8TOF1BBSW114OFTHBNB 114. 
TRBNCB RUNNO()'>4"4O"E ALONG SAIDWP.STUNB AJ)JSTANCB OF1311,44 F'SET 
ronmNORnltJNEOPSAlDBAST495.00PSBt'Ol'11IB8W 114OFTRENR114; 
nmNCE RUN SaMS'OSIIBALONG SAlDNOR'l'HLlNB Am> nut NORlHLINB OF 
'I'IJESa 1(4OF11n3NB 1/4O? SAlDSBCTION6ADISTANCE O~ 
UIJ2..98 PJJBTTOnm 
NW<X>IUmlOPTHB SQT1l'R:YzOPnmNW1/4OFAFORESAID SBCTlON:5;11mNCE 
RUN ~ 
14'39'B ALONG THB NORTHttNBOF BAlD SOU'IH Yo Of 'l1D!NW 11<4 A' 
DmTANCBOP 26S2.09 FBBTTO 1'HEEASTUNBO'F 8A1DSOUTH..oFnIBNWll4.11. 
JBNCBRUNS()O".lSl~"W 
ALONG SAIDBASTL1NB ADtSTANCBOF1312..89P!BT1O 
1HBNORTHUNBOFTBBNOR.11I...oFTHESB fA OPSAlDBBCTION S; 1'HENCBRUN 
S89"22'2S liB ALONG ~NORm UNBIt DISTANCE OPW5,97ll!mT1O THE 
POlNTOPBBGINNINO. 
OQNTAlNJNQ 333.90 ACRBS MORll ORLBSS. 

SUBJBCT TOBASBMBNTS. RIOin' OFWAYS AND RESTJUCrJONS OFRECORD. 

4871-5956-4393.1 3 


SECTION VII 

SECTION B 

SECTION 1 

Founders Ridge 
Community Development District 
Unaudited Financial Reporting 
July 31, 2023

123
Month to Month 
Table of Contents 
Balance Sheet 
General Fund

Founders Ridge 
Community Development District 
Combined Balance Sheet 
July 31, 2023 
General 
Fund 
CADasuOssephe fe:trsroa:mtin Dge Avcecloopuenrt $$ 1 52,,743563 Total Assets $ 18,189 
Liabilities: Accounts Payable - Current $ 2,453 Total Liabilites $ 2,453 
FUunnadss iBganleadnce: $ 15,736 Total Fund Balances $ 15,736 Total Liabilities & Fund Balance $ 18,189 
1

Founders Ridge 
Community Development District 
General Fund 
Statement of Revenues, Expenditures, and Changes in Fund Balance 
For The Period Ending July 31, 2023 
Adopted Budget PTrhorrua t0e7d/ B3u1d/g2e3t ThruA 0c7tu/a3l1/23 Variance Revenues: SDeetvtleelmopeenrt CCoonnttrriibbuuttiioonnss $$ 4 2 , 1 -56 $$ 2 5 , 9 -63 $$ 2356,,696637 $$ 3 6 , 6 -67 Total Revenues $ 42,156 $ 25,963 $62,630 $ 36,667 
Expenditures: 
General & Administrative: Supervisors Fees 4,000 $ 4,000 $ 6,130 $ (2,130) $ FICA Expenditures 306 $ - $ - $ - $ Engineering 2,000 $ 1,667 $ - $ 1,667 $ Attorney 6,000 $ 5,000 $ 2,630 $ 2,370 $ Annual Audit 3,500 $ 3,500 $ 3,100 $ 400 $ Management Fees 15,000 $ 12,500 $ 12,500 $ - $ Information Technology 1,200 $ 1,000 $ 1,000 $ - $ Website Maintenance 250 $ 208 $ 208 $ 0 $ Telephone 200 $ 167 $ - $ 167 $ Postage 1,000 $ 833 $ 26 $ 807 $ Insurance 5,906 $ 5,906 $ 5,644 $ 262 $ Printing & Binding 1,000 $ 833 $ 49 $ 784 $ Legal Advertising 1,000 $ 833 $ 331 $ 502 $ Other Current Charges 300 $ 250 $ 180 $ 70 $ Office Supplies 319 $ 266 $ 1 $ 265 $ Dues, Licenses, & Subscriptions 175 $ 175 $ 175 $ - $ Total Expenditures 42,156 $ 37,139 $ 31,974 $ 5,164 $ 
Excess (Deficiency) of Revenues over Expenditures - $ $30,656 Other Financing Sources(Uses) Extraordinary Gain - $ - $ 44,989 $ (44,989) $ Total Other Financing Sources/(Uses) - $ - $ 44,989 $ (44,989) $ 
Net Change in Fund Balance 2,000 $ 75,645 $ Fund Balance - Beginning - $ (59,909) $ Fund Balance - Ending - $ 15,736 $ 
2

Founders Ridge 
Community Development District 
Oct Nov Dec Jan Feb March April May June July Aug Sept Total Revenues: Developer Settlement CCoonnttrriibbuuttiioonnss $$ 7 , 0 6 9 - $$ 1 , 7 4 1 - $$ 2 , 0 0 - $$ 1 , 3 7 1 - $$ -- $$ 4 , 7 9 5 - $$ 1 , 3 7 1 - $$ 3 , 7 3 1 - $$ 3 16,,646373 $$ 2 , 4 5 3 - $$ -- $$ -- $$ 2356,,696637 Total Revenues $ 7,069 $ 1,741 $ 2,000 $ 1,371 $ - $ 4,795 $ 1,371 $ 3,731 $ 38,099 $ 2,453 $ - $ - $ 62,630 
Expenditures: 
General & Administrative: Supervisors Fees - $ - $ - $ - $ - $ - $ - $ - $ 6,130 $ - $ - $ - $ 6,130 $ FICA Expense - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Engineering - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Attorney 192 $ 106 $ - $ 319 $ - $ 649 $ 286 $ 594 $ 485 $ - $ - $ - $ 2,630 $ Annual Audit - $ - $ - $ - $ 3,100 $ - $ - $ - $ - $ - $ - $ - $ 3,100 $ Management Fees 1,250 $ 1,250 $ 1,250 $ 1,250 $ 1,250 $ 1,250 $ 1,250 $ 1,250 $ 1,250 $ 1,250 $ - $ - $ 12,500 $ Information Technology 100 $ 100 $ 100 $ 100 $ 100 $ 100 $ 100 $ 100 $ 100 $ 100 $ - $ - $ 1,000 $ Website Maintenance 21 $ 21 $ 21 $ 21 $ 21 $ 21 $ 21 $ 21 $ 21 $ 21 $ - $ - $ 208 $ Telephone - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Postage 1 $ 3 $ 1 $ - $ 5 $ - $ - $ 2 $ 15 $ 1 $ - $ - $ 26 $ Insurance 5,644 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 5,644 $ Printing & Binding - $ - $ - $ - $ - $ - $ - $ - $ 47 $ 2 $ - $ - $ 49 $ Legal Advertising - $ 331 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 331 $ Other Current Charges - $ 54 $ - $ - $ - $ - $ - $ 54 $ - $ 73 $ - $ - $ 180 $ Office Supplies 0 $ 0 $ 0 $ - $ 0 $ - $ - $ 0 $ 0 $ 0 $ - $ - $ 1 $ Dues, Licenses, & Subscriptions 175 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 175 $ Total Expenditures 7,382 $ 1,864 $ 1,371 $ 1,689 $ 4,476 $ 2,020 $ 1,656 $ 2,020 $ 8,047 $ 1,447 $ - $ - $ 31,974 $ 
Excess Revenues (Expenditures) (313) $ (124) $ 629 $ (319) $ (4,476) $ 2,775 $ (286) $ 1,711 $ 30,052 $ 1,006 $ - $ - $ 30,656 $ Other Financing Sources/(Uses): Extraordinary Gain - $ - $ - $ - $ - $ - $ - $ - $ 44,989 $ - $ - $ - $ 44,989 $ Total Other Financing Sources/(Uses) - $ - $ - $ - $ - $ - $ - $ - $ 44,989 $ - $ - $ - $ 44,989 $ 
Net Change in Fund Balance (313) $ (124) $ 629 $ (319) $ (4,476) $ 2,775 $ (286) $ 1,711 $ 75,041 $ 1,006 $ - $ - $ 75,645 $ 
Month to Month 
3

SECTION 2 

Community Development District 
Payee FY2023 
1 Governmental Management Services - Central Florida 
Invoice # 202 - Management Fees - May 2023 $ 1,372.65 
2 Kutak Rock LLC 
Invoice # 3225591 - Attorney Fees - April 2023 $ 285.50 
3 City of Minneola 
Invoice # 05182023 - Meeting Room Fee - May 2023 $ 53.50 
Total: $ 1,711.65 
Please make check payable to: 
Founders Ridge CDD 
6200 Lee Vista Boulevard 
Suite 300 
Orlando, FL 32822 
Founders Ridge 
Funding Request FY23 #8 
May 30, 2023 
General Fund

GMS-central Florida, LL~:A 
1001 BradfordWay 
Kingston, TN 3n63 

Bill To: 

Founders Ridge COO 
219 E. Livingston 51. 
Orlando, Fl32801 

,~ri 
ptfon

". 

Management Fees-May2023 

3~1~';/

Website Administration,· May2023 
Information Technology -May 2023 351 
Office SuPPlies ,5 lO 
Postage 

iaO 

ffiIE aJllE n IE rn 

MAY 052023 

ray 

Invoice 

Invoice #: 202 
Invoice Date: 5/1/23 
Due Date: 511/23 

case: 

P.O. Number: 
HounrlQty

., '.. \' ",,:-..~ 
.~ 
:' . 

1,250.00 

1,250.00 

'. 20.83 

al..83 

100.00 

100.00 
O.QQ, 0.09 
1.73 

1.73 

Total $1 ,372.65 
Payments/Credits $0.00 
Balance Due $1,372.65 


KUTAK ROCK LLP ?fa.') 

TALLAHASSEE, FLORIDA 
Telephone 404-222-4600 

Facsimile~04-222-4654 


0\0 -t) l3 -f>\5 

Federal ID 47-0597598 

May 30, 2023 

Mr. George Flint 
Founders Ridge CDD 
Governmental Management Services-CF, LLC 
219 E. Livingston Street 
Orlando, FL 3280 I 

Check Remit To: 
Kutak Rock LLP 
PO Box 30057 
Omaha, NE 68103-1157 

ACH/Wire Transfer Remit To: 
ABA #104000016 
First National Bank ofOmaha 
Kutak Rock LLP 
AlC # 24690470 
Reference: Invoice No. 3225591 
Client Matter No. 8023-1 
Notification Email: eftgroup@kutakrock.com 

Invoice No. 3225591 
8023-1 

Re: Founders Ridge CDD -General Counsel 

For Professional Legal Services Rendered 

04/01/23 W. Haber 0.50 192.50 
Monitor 2023 legislative session for 
legislation pertaining to or affecting 
District 

04/06/23 J. Gillis 0.30 46.50 Coordinate response to auditor letter 
update 
04/20/23 A. Barber 0.30 46.50 Prepare FY23/24 budget approval 
resolution; forward same to District 

TOTAL HOURS 
1.10 

$285.50

TOTAL FOR SERVICES RENDERED 

$285.50

TOTAL CURRENT AMOUNT DUE 


PRIVILEGED AND CONFIDENTIAL 
ATTORNEY-CLIENT COMMUNICATION AND/OR WORK PRODUCT 



CH ECK REQUEST FORM 



PAYABLE TO:_-=C_\ftq O~ 
,V'tt"'l'\vUIh 

AMOUNT REQUESTED: ~ 
t5~,?,O 
_ 


ACCOUNT # 


APPROVED BY: _---"--l-_ _ "---l. _ 

SIGNATURE: _-.!:.. -



Founders Ridge 

Community Development District Funding Request FY23 #9 
June 30, 2023 
General Fund 
Payee FY2023 

1 

Governmental Management Services -Central Aorida 

Invoice # 203 -Management Fees -June 2023 $ 1,432.68 


Total: $ 1,432.68 

Please make checkpayable to: 

Founders Ridge COD 

6200 Lee Vista Boulevard 
Suite 300 
Orlando, FL32822 


GM5-Central Florida, LLC ~ 
I 

Invoice 

1001 Bradford Way 

Kingston, TN37763 

Bill To: 

Founders Ridge COO 

219 E. Livingston 8t. 

Orlando, FL 32801 

8 10· 6\~ 
, 
_, " .-. 
f..~ 
.DeScri,ptlon 

InvoJ~ 
#: 203 
Invoice Date: 6/1/23 
Due Date: 6/1/23 
case: 

P.O. Number: 
O' 

~, 
H0'tr.S/Q!y ... J ~~e 



M8ttagementFees~Jl.lne2023 
-· 3\.lb 
Website A(jminlstrafiQn .:~une 
2023, 1> 6~ 
Information Technology c June2023 ' .'(,6) 

nwJCe"~..""'-lles -15 'l '" .' " 

Y"~I 
.,~ 
. 
l. 
Postage . ,"taO


"coptes .i a,tl 

1,250.00 

20.83 

100.00 
:0.06 
14.54 

47.25 

1.250.00 .' 
20.83 

100.00 

0.06 

14.54 

47.25 ' 
By 

;: . 

.•..: .. 

;'.:' 

Total $1 ,432;68 
Payments/Credits $O~OO 
Balance Due $1 ;432.68 


Founders Ridge 

Community Development District Funding Request FY23 #10 
July 27,2023 
General Fund 
Payee FY2023 

1 Governmental Management Services -Central Florida 
Invoice # 204 -ManagementFees -July 2023 $ 1,373.56 
2 Kutak Rock LLC 
Invoice # 3240244 -Attorney Fees -May2023 
Invoice # 3252865 -Attorney Fees -June 2023 
$ 
$ 
594.00 
485.00 


Total: $ 2,452.56 

Please make check payable to: 

Founders Ridge COD 

6200lee Vista Boulevard 
Suite300 
Orlando, Fl32822 


GMS-CentraIFlorlda, LLC4 I 

Invoice 

1001 Bradford Way 

Kingston, TN 3n63 

Bill To: 

Founders Ridge eDD 
219 E. Livingston 8t. 
Orlando, FL 32801 

a(O -6l0 
Description 

Management Fees -July 2023 61.l0 1,250.00 1,250.00 
WebsiteAdmlnistratlon . July 2023 '36';? 2Q.83 , 20.83 
Information Technology -JUly 2023 35 I 100.00 100.00 
Office Supplies 61 0 
Postage '-\ aD 0.03 
0.60 
0.03 
0.60 
COpies Y ~ 
E~":/ 
. 
2.10 2.10 
-. 

Invoice #: 204 
Invoice Date: 7/1/23 
Due Date: 7/1/23 
Case: 

P.O. Number: 
Hours/Qty Rate 


Total $1,373.56 
Payments/Credits $0.00 
Balance Due $1,373.56 


KUTAK ROCK LLP~~ 
' 


TALLAHASSEE, FLORIDA 
Telephone 404-222-4600 
Facsimile 404-222-4654 


310 -51~-l\S 
Federal ID 47-0597598 

June 30, 2023 

Mr. George Flint 
Founders Ridge CDD 
Governmental Management Services-CF, LLC 
219 E. Livingston Street 
Orlando , FL 32801 

Check Remit To: 
Kutak Rock LLP 
PO Box 30057 
Omaha, NE 68103-1157 

ACHlWire Transfer Remit To: 
ABA #104000016 
First National Bank of Omaha 
Kutak Rock LLP 
NC # 24690470 
Reference: Invoice No. 3240244 
Client Matter No. 8023-1 
Notification Email: eftgroup@kutakrock.com 

Invoice No. 3240244 • 
8023-1 

Re: Founders Ridge CDD -General Counsel 
For Professional Legal Services Rendered 

05/02/23 T. Mackie 0.10 33.00 Conference with Vanderbilt 
OS/23/23 T. Mackie 1.10 363.00 Prepare for and attend Board 
meeting by phone; follow-up from 
meeting 
05/31/23 T. Mackie 0.60 198.00 Prepare FY 24 budget documents 

TOTAL HOURS 1.80 
TOTAL FOR SERVICES RENDERED $594.00 
TOTAL CURRENT AMOUNT DUE ~oo 


I~ 
[E @[EaW[E m 
!.ill JUL 05 2023 1Jll 

By 

PRIVILEGED AND CONFIDENTIAL 
ATTORNEY·CLIENT COMMUNI CAnON AND/OR WORK PRODUcr 



KUTAK ROCK LL~3 


TALLAHASSEE, FLORIDA

/

Telephone 404-222-4600 
Facsimile 404·222-4654 
O\D -S\?> ~ 
'0\5 
Federal ID 47-0597598 

July 24, 2023 

Mr. George Flint 
Founders Ridge CDD 
Governmental Management Services-CF, LLC 
219 E. Livingston Street 
Orlando, FL 32801 

Check Remit To: 
Kutak Rock LLP 
PO Box 30057 
Omaha, NE 68103-1157 

ACHlWire Transfer Remit To: 
ABA #104000016 
First National Bank of Omaha 
Kutak Rock LLP 
AlC # 24690470 
Reference: Invoice No. 3252865 
Client Matter No. 8023-1 
Notification Email : eftgroup@kutakrock.com 

Invoice No. 3252865 
8023-1 

Re: Founders Ridge CDD -General Counsel 
For Professional Legal Services Rendered 
06/01123 A. Barber 0.40 62.00 
06/01123 T. Mackie 0.30 99.00 
06/07/23 T. Mackie 0.50 165.00 

06/07/23 D. Wilbourn 0.60 93.00 
06/29/23 T. Mackie 0.20 66.00 
TOTAL HOURS 2.00 
TOTAL FOR SERVICES RENDERED 
TOTAL CURRENT AMOUNT DUE 

PRIVILEGED AND CONFIDENTIAL 

Review funding agreement; provide 
final budget documents to District 
Prepare FY 24 budget documents 
Conference with Flint, prepare lien 
release and conference with Zebro 
regarding same 
Prepare notice of lien release 
Finalize release oflien 

$485.00 
$485.00 


IIDJ IE mJ lElllYllE rnl 
1m JUl 25 2023 ~ 
By 

AITORNEY-CLIENT COMMUNICAnON AND/OR WORK PRODUcr I..::;~======================:::J 




SECTION 3 

NOTICE OF MEETINGS 
FOUNDERS RIDGE COMMUNITY 
DEVELOPMENT DISTRICT 
Fiscal Year 2024 
As required by Chapter 190 Florida Statutes, notice is being given that the Board 
of Supervisors of the Founders Ridge Community Development District does 
not meet on a regular basis but will separately publish notice of meetings at least seven 
days prior to each Board meeting to include the date, time and location of said 
meetings. Meetings may be continued to a date, time, and place to be specified on the 
record at the meeting. 
There may be occasions when one or more Supervisors will participate by 
telephone. 
Any person requiring special accommodations at a meeting because of a 
disability or physical impairment should contact the District Office at (407) 841-5524 at 
least forty-eight (48) hours prior to the meeting. If you are hearing or speech impaired, 
please contact the Florida Relay Service 1-800-955-8770, for aid in contacting the District 
Office. 
Each person who decides to appeal any action taken at these meetings is 
advised that person will need a record of the proceedings and that 
accordingly, the person may need to ensure that a verbatim record of the 
proceedings is made, including the testimony and evidence upon which 
such appeal is to be based. 
George S. Flint 
District Manager 
Governmental Management Services – Central Florida, LLC