DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT

LEE COUNTY Regular Board Meeting
NOVEMBER 14, 2022
11:30 A.M.

Special District Services, Inc.
27499 Riverview Center Boulevard, #253 Bonita Springs, FL 33134

www.delwebboakcreekcdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT
24311 Walden Center Drive, Suite 300 Bonita Springs, FL 34134 REGULAR BOARD MEETING
November 14, 2022
11:30 A.M.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
August 29, 2022 Regular Board Meeting & Public Hearing…	Page 2
Old Business
New Business
Consider Resolution No. 2022-31 – Adopting a Fiscal Year 2021/2022 Amended Budget. Page 9
Auditor Selection Committee
Ranking of Proposals/Consider Selection of an Auditor…	Page 12
Administrative Matters
Readvertising for District Engineer
Board Members Comments
Adjourn

The News-Press
media group
news-press.com	A GANNETT COMPANY

0005375538 / FNP-0000003526

Attn:
DEL WEBB OAK CREEK COD 2501 BURNS RD STE A
PALM BEACH GARDENS, FL 33410
State of Wisconsin, County of Brown:
Before the undersigned authority personally appeared
-f!!.;/()/e_ :J71fA-;/o, l	, who on oath says that
;or she is a Legal Assistant of the News-Press, a daily
newspaper published at Fort Myers in Lee County, Florida; that the attached copy of advertisement, being a Legal Ad in the matter of

DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEARS 2021/2022 & 2022/2023 REGULAR MEETING SCHEDULES NOTICE IS HEREBY GIVEN that the B,
of Supervi

In the Twentieth Judicial Circuit Court was published in said newspaper editions dated in the issues of or by publication on the newspaper's website, if authorized, on :

08/19/2022

Affiant further says that the said News-Press is a paper of general circulation daily in Lee County and published at Fort Myers, in said Lee County, Florida, and that the said newspaper has heretofore been continuously published in said Lee County, Florida each day and has been entered as periodicals matter at the post office in Fort Myers, in said Lee County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement; and affiant further says that
he or she has never paid nor promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in said newspaper editions dated:

Sworn to and Subscribed before me this 19th of August 2022, by legal clerk who is personally known to me.

Affiant	(/ 

My commission expires

I

# of Affidavits 1
This is not an invoice	SHELLY HORA
Notary Public
State of Wisconsin
--,_..,,.,,,_'=' --• <.ho""·'-' s..• Q4-..=,.  -•

DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT
FISCAL YEARS 2021/2022 & 2022/2023
REGULAR MEETING SCHEDULES
NOTICE IS HEREBY GIVEN that the
Board of Supervisors of the Del Webb Oak Creek Community Development District will hold Regular Meetings in the oHices of Pulte localed at 24311 Walden Center Drive, Suite 300, Bonita Springs. Florida 34134 at 11:30 a.m. on the following dates:
August 29, 2022
October 10, 2022
November 14, 2022
December 12, 2022
January 9, 2023
February 13, 2023
March 13, 2023
April 10, 2023
May B, 2023
June 12, 2023
July 10, 2023
August 14, 2023
September 11, 2023
The purpose of the meetings is to con­ duct any business coming before the Board. Meetings are open to the pub­ lic and will be conducted in accordance with the provisions of Florida law. Copies of the Agendas for any of the meetings may be obtained from the District's website or by contacting the District Manager at (S61) 630•4922 and/or toll free at 1-877-737-4922 prior to the date of the particular meeting.

From time to time one or more Super­ visors may participate by telephone; therefore a speaker telephone will be present at the meeting location so that Supervisors may be fully informed of the discussions taking place. Meetings may be continued as found necessary to a time and place specified on the re­ cord.

If any person decides to appeal any de­ cision made with respec.t to any matter considered at these meetings, such per­ son will need a record of the proceed­ ings and such person may need to in­ sure that a verbatim record of the pro­ ceedings is made at his or her own ex­ pense and which record includes the testimony and evidence on which the appeal is based.

In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accommoda­ tions or an interpreter to participate at any of these meetings should contact the District Manager at (561) 630-4922 and/or toll-free at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.

Meetings may be cancelled from time to time without advertised notice.
DEL WEBB OAK CREEK COMMUNITY
DEVELOPMENT DISTRICT
www.delwebboakcreekcdd.org
AD#537S538	Auq. 19, 2022

DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT PUBLIC HEARING & REGULAR BOARD MEETING
AUGUST 29, 2022

CALL TO ORDER

The Regular Board Meeting of the Del Webb Oak Creek Community Development District (the “District”) was called to order at 11:30 a.m. at 24311 Walden Center Drive, Suite 300, Bonita Springs, Florida 34134.

PROOF OF PUBLICATION

Proof of publication was presented which showed that notice of the Regular Board Meeting had been published in the Fort Myers News-Press on August 19, 2022, as legally required.

ESTABLISH A QUORUM

A quorum was established with the following Supervisors in attendance:

Chairperson Laura Ray	Present	
Vice Chairman Michael Hueniken	Present	
Supervisor Naomi Robertson	Present	
Supervisor Patrick Butler (who arrived at 11:32 a.m.)	Present	
Supervisor Scott Brooks	Present	

District Manager	Kathleen Meneely	Special District Services, Inc.	
	Michelle Krizen	Special District Services, Inc.	
District Counsel	Alyssa Willson (via phone)	Kutak Rock	
District Engineer	Carl Barraco, Jr.	Barraco and Associates, Inc.	

Also present via phone was Andrew Karmeris of Special District Services, Inc.

ADDITIONS OR DELETIONS TO AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were comments from the public for items not on the agenda.

APPROVAL OF MINUTES
July 11, 2022, Organizational Meeting

The July 11, 2022, Organizational Meeting minutes were presented for consideration.

It was noted under Item P-10, Resolution No. 2022-23 indicates “not to exceed $32,000,000…” but should read $38,000,000.

A motion was then made by Mr. Brooks, seconded by Mr. Hueniken and passed unanimously approving the minutes of the July 11, 2022, Organizational Meeting, as amended.

The Regular Board Meeting was then recessed and the Public Hearing on the Fiscal Year 2021/2022 Final Budget was opened.

PUBLIC HEARING – Fiscal Year 2021/2022 Final Budget
Proof of Publication

Proof of publication was presented which showed that notice of the Public Hearing had been published in the Fort Myers News-Press on August 9, 2022, and August 16, 2022, as legally required.

Receive Public Comment on the Fiscal Year 2021/2022 Final Budget

There was no public comment on the Fiscal Year 2021/2022 Final Budget.

Consider Resolution No. 2022-26 – Adopting a Fiscal Year 2021/2022 Final Budget

Resolution No. 2022-26 was presented, entitled:

RESOLUTION 2022-26

THE ANNUAL APPROPRIATION RESOLUTION OF THE DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING JUNE 27, 2022 AND ENDING SEPTEMBER 30, 2022; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Mr. Hueniken, seconded by Ms. Ray and passed unanimously adopting Resolution No. 2022-26, as presented.

The Public Hearing on the Fiscal Year 2021/2022 Final Budget was closed and the Public Hearing on the Fiscal Year 2022/2023 Final Budget was opened.

PUBLIC HEARING – Fiscal Year 2022/2023 Final Budget
Proof of Publication

Proof of publication was presented which showed that notice of the Public Hearing had been published in the Fort Myers News-Press on August 9, 2022, and August 16, 2022, as legally required.

Receive Public Comment on the Fiscal Year 2022/2023 Final Budget

There was no public comment on the Fiscal Year 2022/2023 Final Budget.

Consider Resolution No. 2022-27 – Adopting a Fiscal Year 2022/2023 Final Budget

Resolution No. 2022-27 was presented, entitled:
RESOLUTION 2022-27

THE ANNUAL APPROPRIATION RESOLUTION OF THE DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30, 2023; AUTHORIZING BUDGET AMENDMENTS; AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Ms. Ray, seconded by Mr. Hueniken and passed unanimously adopting Resolution No. 2022-27, as presented.

The Public Hearing on the Fiscal Year 2022/2023 Final Budget was closed and the Public Hearing on the District’s Intent to Use the Uniform Method of Collection was opened.

PUBLIC HEARING – Adopting the Uniform Method of Collection
Proof of Publication

Proof of publication was presented which showed that notice of the Public Hearing had been published in the Fort Myers News-Press on August 1, 2022, August 8, 2022, August 15, 2022, and August 22, 2022, as legally required.

Receive Public Comment Regarding Intent to Use the Uniform Method of Collection

There was no public comment regarding the District’s Intent to Use the Uniform Method of Collection.

Consider Resolution No. 2022-28 – Adopting the Uniform Method of Collection

Resolution No. 2022-28 was presented, entitled:

RESOLUTION 2022-28

RESOLUTION OF THE BOARD OF SUPERVISORS OF THE DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT EXPRESSING ITS INTENT TO UTILIZE THE UNIFORM METHOD OF LEVYING, COLLECTING, AND ENFORCING NON-AD VALOREM ASSESSMENTS WHICH MAY BE LEVIED BY THE DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT IN ACCORDANCE WITH SECTION 197.3632, FLORIDA STATUTES; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Mr. Brooks, seconded by Mr. Hueniken and passed unanimously adopting Resolution No. 2022-28, as presented.

The Public Hearing regarding the District’s Intent to Use the Uniform Method of Collection was closed and the Public Hearing on the Levy of Non-Ad Valorem Assessments was opened.

PUBLIC HEARING – Levy of Non-Ad Valorem Assessments
Proof of Publication

Proof of publication was presented which showed that notice of the Public Hearing had been published in the Fort Myers News-Press on August 5, 2022, and August 12 2022, and mailed notice provided, as legally required.

Receive Public Comment Regarding Intent to Levy Special Assessments

There was no public comment regarding the District’s Intent to Levy Special Assessments.

Consider Approval of Project and Levying of Non-Ad Valorem Special Assessments

Mr. Barraco stated that the only changes were on Page 2 where he updated the location map and removed the Sage Parcel. Mr. Barraco noted he included a 20% market volatility in his costs and he also went over the Engineer’s Report, noting that there were 413.95 acres in the District. Ms. Willson asked if the cost estimates were reasonable for a project of this size and scope and Mr. Barraco answered in the affirmative. Ms. Willson asked if Mr. Barraco had any reason to believe the District could not carry out the project at this time and Mr. Barraco replied that he did not.

A motion was made by Mr. Hueniken, seconded by Mr. Brooks and passed unanimously approving the project and levying non-ad valorem special assessments.

Consider Adjusting and Equalizing of Non-Ad Valorem Special Assessments based on Comments from the Public

Mr. Karmeris went over the Methodology Report, noting that there were no changes except to adjust the language. All project improvements will be interrelated and a system of master improvements. 819 residential units are planned. Ms. Willson asked Mr. Karmeris if the lands subject to the special assessments receive special benefits from the District’s improvement plan? Mr. Karmeris answered in the affirmative. Ms. Willson asked Mr. Karmeris if the special assessments are reasonably apportioned among the lands subject to the special assessments? Mr. Karmeris answer in the affirmative. Ms. Willson asked Mr. Karmeris if it was reasonable, property and just to assess the cost of the project against the lands in the District in accordance with the methodology, which results in the special assessments set forth on the final assessment roll. Mr. Karmeris responded in the affirmative. Ms. Willson asked if the lands being assessed receive special benefits that are equal to or in excess of the special assessments to be levied and Mr. Karmeris again answered in the affirmative. Ms. Willson asked Mr. Karmeris if it was his opinion that it was in the best interest of the District that the special assessments be paid and collected in accordance with the methodology and the District’s assessment resolution and Mr. Karmeris responded in the affirmative.

A motion was made by Mr. Hueniken, seconded by Ms. Ray and passed unanimously not adjusting and equalizing of non-ad valorem special assessments because there were no comments from the public.

Consider Resolution No. 2022-29 – Authorizing the Project, the Intent to Levy Non-Ad Valorem Assessments, Intent to Utilize Chapter 170, 190 and 197, F.S., for the Levy, Collection and Enforcement of Non-Ad Valorem Assessments and Adoption of a Final Assessment Roll

Resolution No. 2022-29 was presented, entitled:

RESOLUTION 2022-29

A RESOLUTION OF THE DEL WEBB OAK CREEK COMMUNITY	DEVELOPMENT	DISTRICT AUTHORIZING DISTRICT PROJECTS FOR CONSTRUCTION AND/OR ACQUISITION OF INFRASTRUCTURE IMPROVEMENTS; EQUALIZING, APPROVING, CONFIRMING, AND LEVYING SPECIAL ASSESSMENTS ON PROPERTY SPECIALLY BENEFITED BY SUCH PROJECTS TO PAY THE COST THEREOF; PROVIDING FOR THE PAYMENT AND THE COLLECTION OF SUCH SPECIAL ASSESSMENTS BY THE METHODS PROVIDED FOR BY CHAPTERS 170, 190 AND 197, FLORIDA STATUTES; CONFIRMING THE DISTRICT'S INTENTION TO ISSUE SPECIAL ASSESSMENT REVENUE BONDS; MAKING PROVISIONS FOR TRANSFERS OF REAL PROPERTY TO HOMEOWNERS ASSOCIATIONS, PROPERTY OWNERS ASSOCIATION AND/OR GOVERNMENTAL ENTITIES; PROVIDING FOR THE RECORDING OF AN ASSESSMENT NOTICE; PROVIDING FOR SEVERABILITY, CONFLICTS AND AN EFFECTIVE DATE.

A motion was made by Mr. Brooks, seconded by Mr. Hueniken and passed unanimously adopting Resolution No. 2022-29, as presented.

The Public Hearing Authorizing the Project, Intent to Levy Non-Ad Valorem Assessments, Intent to Utilize for the Levy, Collection and Enforcement of Non-Ad Valorem Assessments and Adoption of a Final Assessment Roll was closed and the Public Hearing on the Rules of Procedure was opened.

PUBLIC HEARING – Rules of Procedure
Proof of Publication

Proof of publication was presented which showed that notice of the Public Hearing had been published in the Fort Myers News-Press on July 29, 2022, August 1, 2022, as legally required.

Receive Public Comment on Adopting Rules of Procedure

There was no public comment on Adopting Rules of Procedure.

Consider Resolution No. 2022-30 – Adopting Rules of Procedure

Resolution No. 2022-30, entitled:

RESOLUTION 2022-30

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT ADOPTING RULES OF PROCEDURE; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING AN EFFECTIVE DATE.

A motion was made by Ms. Ray, seconded by Mr. Brooks and passed unanimously adopting Resolution No. 2022-30, as presented.

The Public Hearing on the Rules of Procedure was closed and the Regular Board Meeting was reconvened.

OLD BUSINESS

There were no Old Business items to come before the Board.

NEW BUISNESS
Consider Selection of a District Engineer

AUDIT SELECTION COMMITTEE
Ranking of Proposal/Consider Selection of an Auditor

Ms. Meneely advised that the RFQ for Engineering Services and the RFP for Annual Audit Services had been published, but neither one had received any responses. This is most likely due to the short turn around provided. There was a consensus of the Board to re-publish the notices to obtain proposals by September 30, 2022, which will be reviewed at the October 10, 2022, meeting.

ADMINISTRATIVE MATTERS

Ms. Meneely advised that the next meetings were scheduled for October 10, 2022, and November 14, 2022.

BOARD MEMBER COMMENTS

Ms. Robertson advised that they would move forward with the District bond issuance in November. The bond will be for Phases 1 and 2 (522 lots) and the first 522 platted lots would be included in Phases 1 and 2.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Ms. Ray, seconded by Mr. Hueniken and passed unanimously adjourning the Regular Board Meeting at 12:00 p.m.

ATTESTED BY:

Secretary/Assistant Secretary	Chairperson/Vice-Chair

RESOLUTION NO. 2022-31

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2021/2022 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Board of Supervisors of the Del Webb Oak Creek Community Development District (“District”) is empowered to provide a funding source and to impose special assessments upon the properties within the District; and,

WHEREAS, the District has prepared for consideration and approval an Amended Budget.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT, THAT:

Section 1.  The Amended Budget for Fiscal Year 2021/2022 attached hereto as Exhibit “A” is hereby approved and adopted.

Section 2.  The Secretary/Assistant Secretary of the District is authorized to execute any and all necessary transmittals, certifications or other acknowledgements or writings, as necessary, to comply with the intent of this Resolution.

PASSED, ADOPTED and EFFECTIVE this 14th day of November, 2022.

ATTEST:	DEL WEBB OAK CREEK
COMMUNITY DEVELOPMENT DISTRICT

By:			By:		 Secretary/Assistant Secretary			Chairperson/Vice Chairperson

Dell Webb Oak Creek Community Development District

Amended Final Budget For Fiscal Year 2021/2022
July 11, 2022 - September 30, 2022

AMENDED FINAL BUDGET
DEL WEBB OAK CREEK COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2021/2022
JULY 11, 2022 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET
 /11/22 - /30/22	AMENDED FINAL BUDGET
 /11/22 - /30/22	YEAR TO DATE ACTUAL
 /11/22 - /2 /22	
O&M Assessments	0	0	0	
Developer Contribution	  0 5	 , 23	  0 5	
Debt Assessments	0	0	0	
,nterest ,ncome	0	0	0	
				
TRtaO Revenues	 	3 ,02 	 	 , 23	 	3 ,02 	
				
EXPENDITURES				
Administrative Expenditures				
Supervisor Fees	0	0	0	
(ngineering ,nspections	 000	3, 00	 500	
Miscellaneous Maintenance	 000	0	0	
Management	 000	 ,000	 000	
/egal	 0 000	1 ,000	  0 	
Assessment Roll	0	0	0	
Audit Fees	0	0	0	
Arbitrage Rebate Fee	0	0	0	
,nsurance	 000	1,123	     	
/egal Advertisements	5 000	1 ,000	  50	
Miscellaneous	  50	 00	5 	
Postage	 00	300	 0 	
OIIice Supplies	 000	1,300	     	
Dues & Subscriptions	 5	0	0	
Trustee Fees	0	0	0	
Continuing Disclosure Fee	0	0	0	
Website Management & ADA Compliance	500	0	500	
TRtaO Expenditures	 	3 ,02 	 	 , 23	 	3 , 	
				
REVENUES LESS EXPENDITURES	 	-	 	-	 	 33 	
				
%ond Payments	0	0	0	
				
BALANCE	 	-	 	-	 	 33 	
				
County Appraiser & Tax Collector Fee	0	0	0	
Discounts For (arly Payments	0	0	0	
				
EXCESS/ S+ORTFALL 	 	-	 	-	 	 33 	
				
Carryover From Prior Year	0	0	0	
				
NET EXCESS/ S+ORTFALL 	 	-	 	-	 	 33 	

Fund %alance As OI  0 0 	
ProMected FY 0  0  Activity	
Fund %alance As OI  0 0 	

 0	
 0	
 0	

November 14, 2022

RE: Del Webb Oak Creek Community Development District

The Del Webb Oak Creek Community Development District (the "District") is required to select an auditor to perform the audit for the district for the years ending September 30, 2022, September 30, 2023 and September 30, 2024; with an option for an additional two year renewal.

In accordance with the Auditor Selection procedures as outlined by Florida Statute 218.391, the District has established the auditor selection criteria and has placed a legal advertisement requesting proposals from qualified audit firms.

Grau & Associates was the only firm to respond to the legal advertisement requesting proposals to perform the fiscal year ending September 30, 2022, September 30, 2023 and September 30, 2024 audits. The proposed fee for the audit for fiscal year ending September 30, 2022 is $3,200.00. The proposed fee for the audit for fiscal year ending September 30, 2023 is $3,300.00. The proposed fee for the audit for fiscal year ending September 30, 2024 audit is $3,400.00. The proposed fee for the audit for fiscal year ending September 30, 2025 (option year) is $3,500.00. And the proposed fee for the audit for fiscal year ending September 30, 2026 (option year) is $3,600.00.

The proposal has a provision that if Debt is issued the fees would be adjusted accordingly upon approval from all parties.

It is recommended at this time that Grau & Associates be hired to perform the September 30, 2022, September 30, 2023 and September 30, 2024 annual government audits and also be selected, subject to fee adjustments for inflation, to perform the fiscal year end audits for the following two years (FYE 9/30/25 and 9/30/26).

Special District Services, Inc.

Proposal to Provide Financial Auditing Services:
DEL WEBB OAK CREEK
Community Development District

Proposal Due: September 30, 2022 5:00PM

Submitted to:
Del Webb Oak Creek
Community Development District c/o SDS
2501A Burns Road
Palm Beach Gardens, Florida 33410

Submitted by:
Antonio J. Grau, Partner Grau & Associates
951 Yamato Road, Suite 280 Boca Raton, Florida 33431 Tel	(561) 994-9299
(800) 229-4728
Fax	(561) 994-5823
tgrau@graucpa.com www.graucpa.com

Table of Contents

PAGE

EXECUTIVE SUMMARY / TRANSMITTAL LETTER	1
FIRM QUALIFICATIONS	3
FIRM & STAFF EXPERIENCE	6
REFERENCES…	11
SPECIFIC AUDIT APPROACH	13
COST OF SERVICES	17
SUPPLEMENTAL INFORMATION	19

September 30, 2022

Del Webb Oak Creek Community Development District C/o SDS
2501A Burns Road
Palm Beach Gardens, Florida 33410

Re:	Request for Proposal for Professional Auditing Services for the fiscal year ended September 30, 2022-2026.

Grau & Associates (Grau) welcomes the opportunity to respond to the Del Webb Oak Creek Community Development District’s (the “District”) Request for Proposal (RFP), and we look forward to working with you on your audit. We are an energetic and robust team of knowledgeable professionals and are a recognized leader of providing services to Community Development Districts. As one of Florida’s few firms to primarily focus on government, we are especially equipped to provide you an effective and efficient audit.

Special district audits are at the core of our practice: we have a total of 360 clients, 329 or 91% of which are special districts. We know the specifics of the professional services and work products needed to meet your RFP requirements like no other firm. With this level of experience, we are able to increase efficiency, to provide immediate and continued savings, and to minimize disturbances to client operations.

Why Grau & Associates:

Knowledgeable Audit Team
Grau is proud that the personnel we assign to your audit are some of the most seasoned auditors in the field. Our staff performs governmental engagements year round. When not working on your audit, your team is refining their audit approach for next year’s audit. Our engagement partners have decades of experience and take a hands-on approach to our assignments, which all ensures a smoother process for you.

Servicing your Individual Needs
Our clients enjoy personalized service designed to satisfy their unique needs and requirements. Throughout the process of our audit, you will find that we welcome working with you to resolve any issues as swiftly and easily as possible. In addition, due to Grau’s very low turnover rate for our industry, you also won’t have to worry about retraining your auditors from year to year.

Developing Relationships
We strive to foster mutually beneficial relationships with our clients. We stay in touch year round, updating, collaborating and assisting you in implementing new legislation, rules and standards that affect your organization. We are also available as a sounding board and assist with technical questions.

Maintaining an Impeccable Reputation
We have never been involved in any litigation, proceeding or received any disciplinary action. Additionally, we have never been charged with, or convicted of, a public entity crime of any sort. We are financially stable and have never been involved in any bankruptcy proceedings.

Complying With Standards
Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards, issued by the Comptroller General of the United States, and the Rules of the Auditor General of the State of Florida, and any other applicable federal, state and local regulations. We will deliver our reports in accordance with your requirements.

This proposal is a firm and irrevocable offer for 90 days. We certify this proposal is made without previous understanding, agreement or connection either with any previous firms or corporations offering a proposal for the same items. We also certify our proposal is in all respects fair, without outside control, collusion, fraud, or otherwise illegal action, and was prepared in good faith. Only the person(s), company or parties interested in the project as principals are named in the proposal. Grau has no existing or potential conflicts, and anticipates no conflicts during the engagement. Our Federal I.D. number is 20-2067322.

We would be happy to answer any questions or to provide any additional information. We are genuinely excited about the prospect of serving you and establishing a long-term relationship. Please do not hesitate to call or email either of our Partners, Antonio J. Grau, CPA (tgrau@graucpa.com) or Racquel McIntosh, CPA (rmcintosh@graucpa.com) at 561.994.9299. We thank you for considering our firm’s qualifications and experience.

Very truly yours, Grau & Associates
Antonio J. Grau

Firm Qualifications

Grau’s Focus and Experience

Our Team

2
Partners

11
Professional Staff

2
Administrative Professionals

9/13
Employees are CPAS

Year founded

Services Provided

297

Community Development Districts Served

Properly registered and
licensed professional corporation by the state of FLORIDA

9
Professional Groups

We are proud Members of the American Institute of Certified Public Accountants
&
the Florida Institute of Certified Public Accountants

See next page for report and certificate

External quality review program: consistently receives a pass

⇒

Ext

pro

rec

⇒

Inte

mo

qua

nternal: ongoing monitoring to maintain quality

AICPA | FICPA | GFOA | FASD | FGFOA

Firm & Staff Experience

GRAU AND ASSOCIATES COMMUNITY
DEVELOPMENT DISTRICT EXPERIENCE BY MANAGEMENT COMPANY

OTHER
19

PFM
12

WRATHELL
30

GMS
78

INFRAMARK
38

SDS
60

RIZZETTA
47

MERITUS
23

Profile Briefs:

Antonio J GRAU, CPA (Partner)
Years Performing Audits: 30+
CPE (last 2 years): Government Accounting, Auditing: 24 hours; Accounting, Auditing and Other: 58 hours
Professional Memberships: AICPA, FICPA, FGFOA, GFOA

Racquel McIntosh, CPA (Partner)
Years Performing Audits: 14+
CPE (last 2 years): Government Accounting, Auditing: 38 hours; Accounting, Auditing and Other: 56 hours
Professional Memberships: AICPA, FICPA, FGFOA, FASD

“Here at Grau & Associates, staying up to date with the current technological landscape is one of our top priorities. Not only does it provide a more positive experience for our clients, but it also allows us to perform a more effective and efficient audit. With the every changing technology available and utilized by our clients, we are constantly innovating our audit process.”
-	Tony Grau
“Quality audits and exceptional client service are at the heart of every decision we make. Our clients trust us to deliver a quality audit, adhering to high standards and assisting them with improvements for their organization.”
-Racquel McIntosh

YOUR ENGAGEMENT TEAM

Grau’s client-specific engagement team is meticulously organized in order to meet the unique needs of each client. Constant communication within our solution team allows for continuity of staff and audit team.

Grau contracts with an outside group of IT management consultants to assist with matters including, but not limited to; network and database security, internet security and vulnerability testing.

An advisory consultant will be available as a sounding board to advise in those areas where problems are encountered.

The assigned personnel will work closely with the partner and the District to ensure that the financial statements and all other reports are prepared in accordance with professional standards and firm policy.
Responsibilities will include planning the audit; communicating with the client and the partners the progress of the audit; and
determining that financial statements and all reports issued by the firm are accurate, complete and are prepared in accordance with professional standards and firm policy.

The Engagement Partner will participate extensively during the various stages of the engagement and has direct responsibility for engagement policy, direction, supervision, quality control, security, confidentiality of information of the engagement and communication with client personnel. The engagement partner will also be involved directing the development of the overall audit approach and plan; performing an overriding review of work papers and ascertain client satisfaction.

Antonio ‘Tony ‘J. Grau, CPA
Partner
Contact: tgrau@graucpa.com | (561) 939-6672
Experience
For over 30 years, Tony has been providing audit, accounting and consulting services to the firm’s governmental, non-profit, employee benefit, overhead and arbitrage clients. He provides guidance to clients regarding complex accounting issues, internal controls and operations.
As a member of the Government Finance Officers Association Special Review Committee, Tony participated in the review process for awarding the GFOA Certificate of Achievement in Financial Reporting. Tony was also the review team leader for the Quality Review of the Office of Management Audits of School Board of Miami-Dade County. Tony received the AICPA advanced level certificate for governmental single audits.

Education
University of South Florida (1983) Bachelor of Arts
Business Administration

Clients Served (partial list)
(>300) Various Special Districts, including:

Bayside Improvement Community Development District Dunes Community Development District
Fishhawk Community Development District (I,II,IV) Grand Bay at Doral Community Development District Heritage Harbor North Community Development District

Boca Raton Airport Authority Greater Naples Fire Rescue District
Key Largo Wastewater Treatment District Lake Worth Drainage District
South Indian River Water Control

St. Lucie West Services District
Ave Maria Stewardship Community District Rivers Edge II Community Development District Bartram Park Community Development District
Bay Laurel Center Community Development District

Professional Associations/Memberships
American Institute of Certified Public Accountants Florida Government Finance Officers Association Florida Institute of Certified Public Accountants Government Finance Officers Association Member City of Boca Raton Financial Advisory Board Member

Professional Education (over the last two years)
Course	Hours
Government Accounting and Auditing	24
Accounting, Auditing and Other	58
Total Hours	82 (includes of 4 hours of Ethics CPE)

Racquel C. McIntosh, CPA
Partner
Contact: rmcintosh@graucpa.com | (561) 939-6669
Experience
Racquel has been providing government audit, accounting and advisory services to our clients for over 14 years. She serves as the firm’s quality control partner; in this capacity she closely monitors engagement quality ensuring standards are followed and maintained throughout the audit.
Racquel develops in-house training seminars on current government auditing, accounting, and legislative topics and also provides seminars for various government organizations. In addition, she assists clients with implementing new accounting software, legislation, and standards.

Education
Florida Atlantic University (2004) Master of Accounting
Florida Atlantic University (2003) Bachelor of Arts:
Finance, Accounting

Clients Served (partial list)
(>300) Various Special Districts, including: Carlton Lakes Community Development District Golden Lakes Community Development District Rivercrest Community Development District South Fork III Community Development District TPOST Community Development District

East Central Regional Wastewater Treatment Facilities Indian Trail Improvement District
Pinellas Park Water Management District Ranger Drainage District
South Trail Fire Protection and Rescue Service District

Professional Associations/ Memberships

Westchase Community Development District Monterra Community Development District
Palm Coast Park Community Development District Long Leaf Community Development District Watergrass Community Development District

American Institute of Certified Public Accountants	 FICPA State & Local Government Committee Florida Institute of Certified Public Accountants	FGFOA Palm Beach Chapter

Professional Education (over the last two years)
Course	Hours
Government Accounting and Auditing	38
Accounting, Auditing and Other	56
Total Hours	94 (includes of 4 hours of Ethics CPE)

References

We have included three references of government engagements that require compliance with laws and regulations, follow fund accounting, and have financing requirements, which we believe are similar to the District.

 Dunes Community Development District	
Scope of Work	Financial audit Engagement Partner	Antonio J. Grau Dates	Annually since 1998
Client Contact	Darrin Mossing, Finance Director 475 W. Town Place, Suite 114
St. Augustine, Florida 32092
	904-940-5850	

 Two Creeks Community Development District	
Scope of Work	Financial audit Engagement Partner	Antonio J. Grau Dates	Annually since 2007
Client Contact	William Rizzetta, President 3434 Colwell Avenue, Suite 200
Tampa, Florida 33614
	813-933-5571	

 Journey’s End Community Development District	
Scope of Work	Financial audit Engagement Partner	Antonio J. Grau Dates	Annually since 2004
Client Contact	Todd Wodraska, Vice President
2501 A Burns Road
Palm Beach Gardens, Florida 33410
	561-630-4922	

Specific Audit Approach

AUDIT APPROACH
Grau’s Understanding of Work Product / Scope of Services:
We recognize the District is an important entity and we are confident our firm is eminently qualified to meet the challenges of this engagement and deliver quality audit services. You would be a valued client of our firm and we pledge to commit all firm resources to provide the level and quality of services (as described below) which not only meet the requirements set forth in the RFP but will exceed those expectations. Grau & Associates fully understands the scope of professional services and work products requested. Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards, issued by the Comptroller General of the United States, and the Rules of the Auditor General of the State of Florida and any other applicable Federal, State of Local regulations. We will deliver our reports in accordance with your requirements.

Proposed segmentation of the engagement
Our approach to the audit engagement is a risk-based approach which integrates the best of traditional auditing techniques and a total systems concept to enable the team to conduct a more efficient and effective audit. The audit will be conducted in three phases, which are as follows:

PHASE I:
Preliminary Planning

PHASE II:
Execution of the Audit Plan

PHASE III:
Completion and Delivery

Phase I - Preliminary Planning
A thorough understanding of your organization, service objectives and operating environment is essential for the development of an audit plan and for an efficient, cost-effective audit. During this phase, we will meet with appropriate personnel to obtain and document our understanding of your operations and service objectives and, at the same time, give you the opportunity to express your expectations with respect to the services that we will provide. Our work effort will be coordinated so that there will be minimal disruption to your staff.

During this phase we will perform the following activities:
» Review the regulatory, statutory and compliance requirements. This will include a review of applicable federal and state statutes, resolutions, bond documents, contracts, and other agreements;
» Read minutes of meetings;
» Review major sources of information such as budgets, organization charts, procedures, manuals, financial systems, and management information systems;
» Obtain an understanding of fraud detection and prevention systems;
» Obtain and document an understanding of internal control, including knowledge about the design of relevant policies, procedures, and records, and whether they have been placed in operation;
» Assess risk and determine what controls we are to rely upon and what tests we are going to perform and perform test of controls;
» Develop audit programs to incorporate the consideration of financial statement assertions, specific audit objectives, and appropriate audit procedures to achieve the specified objectives;
» Discuss and resolve any accounting, auditing and reporting matters which have been identified.

Phase II – Execution of Audit Plan
The audit team will complete a major portion of transaction testing and audit requirements during this phase. The procedures performed during this period will enable us to identify any matter that may impact the completion of our work or require the attention of management. Tasks to be performed in Phase II include, but are not limited to the following:
» Apply analytical procedures to further assist in the determination of the nature, timing, and extent of auditing procedures used to obtain evidential matter for specific account balances or classes of transactions;
» Perform tests of account balances and transactions through sampling, vouching, confirmation and other analytical procedures; and
» Perform tests of compliance.
Phase III - Completion and Delivery

In this phase of the audit, we will complete the tasks related to year-end balances and financial reporting. All reports will be reviewed with management before issuance, and the partners will be available to meet and discuss our report and address any questions. Tasks to be performed in Phase III include, but are not limited to the following:

» Perform final analytical procedures;
» Review information and make inquiries for subsequent events; and
» Meeting with Management to discuss preparation of draft financial statements and any potential findings or recommendations.

You should expect more from your accounting firm than a signature in your annual financial report. Our concept of truly responsive professional service emphasizes taking an active interest in the issues of concern to our clients and serving as an effective resource in dealing with those issues. In following this approach, we not only audit financial information with hindsight but also consider the foresight you apply in managing operations.

Application of this approach in developing our management letter is particularly important given the increasing financial pressures and public scrutiny facing today’s public officials. We will prepare the management letter at the completion of our final procedures.

In preparing this management letter, we will initially review any draft comments or recommendations with management. In addition, we will take necessary steps to ensure that matters are communicated to those charged with governance.

In addition to communicating any recommendations, we will also communicate the following, if any:

» Significant audit adjustments;
» Significant deficiencies or material weaknesses;
» Disagreements with management; and
» Difficulties encountered in performing the audit.

Is the recommendation cost effective?

Is the recommendation the simplest to effectuate in order to correct a problem?

Is the recommendation at the heart of the problem and not just correcting a symptomatic matter?

Is the corrective action taking into account why the deficiency occurred?

Our findings will contain a statement of condition describing the situation and the area that needs strengthening, what should be corrected and why. Our suggestions will withstand the basic tests of corrective action:

To assure full agreement with facts and circumstances, we will fully discuss each item with Management prior to the final exit conference. This policy means there will be no “surprises” in the management letter and fosters a professional, cooperative atmosphere.

Communications
We emphasize a continuous, year-round dialogue between the District and our management team. We regularly communicate through personal telephone calls and electronic mail throughout the audit and on a regular basis.
Our clients have the ability to transmit information to us on our secure client portal with the ability to assign different staff with separate log on and viewing capability. This further facilitates efficiency as all assigned users receive electronic mail notification as soon as new information has been posted into the portal.

Cost of Services

Our proposed all-inclusive fees for the financial audit for the fiscal years ended September 30, 2022-2026 are as follows:

  Year Ended September 30,			Fee		
2022	$3,200	
2023	$3,300	
2024	$3,400	
2025	$3,500	
2026	$3,600	
TOTAL (2022-2026)	$17,000	

The above fees are based on the assumption that the District maintains its current level of operations. Should conditions change or debt is issued the fees would be adjusted accordingly upon approval from all parties concerned.

Supplemental Information

PARTIAL LIST OF CLIENTS

	Governmental Audit	Single Audit	Utility Fund	
Current Client	
Year End	
Boca Raton Airport Authority	✓	✓		✓	9/30	
Captain's Key Dependent District	✓			✓	9/30	
Central Broward Water Control District	✓			✓	9/30	
Collier Mosquito Control District	✓			✓	9/30	
Coquina Water Control District	✓			✓	9/30	
East Central Regional Wastewater Treatment Facility	✓		✓		9/30	
Florida Green Finance Authority	✓				9/30	
Greater Boca Raton Beach and Park District	✓			✓	9/30	
Greater Naples Fire Control and Rescue District	✓	✓		✓	9/30	
Green Corridor P.A.C.E. District	✓			✓	9/30	
Hobe-St. Lucie Conservancy District	✓			✓	9/30	
Indian River Mosquito Control District	✓				9/30	
Indian Trail Improvement District	✓			✓	9/30	
Key Largo Waste Water Treatment District	✓	✓	✓	✓	9/30	
Lake Padgett Estates Independent District	✓			✓	9/30	
Lake Worth Drainage District	✓			✓	9/30	
Loxahatchee Groves Water Control District	✓				9/30	
Old Plantation Control District	✓			✓	9/30	
Pal Mar Water Control District	✓			✓	9/30	
Pinellas Park Water Management District	✓			✓	9/30	
Pine Tree Water Control District (Broward)	✓			✓	9/30	
Pinetree Water Control District (Wellington)	✓				9/30	
Ranger Drainage District	✓	✓		✓	9/30	
Renaissance Improvement District	✓			✓	9/30	
San Carlos Park Fire Protection and Rescue Service District	✓			✓	9/30	
Sanibel Fire and Rescue District	✓			✓	9/30	
South Central Regional Wastewater Treatment and Disposal Board	✓			✓	9/30	
South-Dade Venture Development District	✓			✓	9/30	
South Indian River Water Control District	✓	✓		✓	9/30	
South Trail Fire Protection & Rescue District	✓			✓	9/30	
Spring Lake Improvement District	✓			✓	9/30	
St. Lucie West Services District	✓		✓	✓	9/30	
Sunshine Water Control District	✓			✓	9/30	
West Villages Improvement District	✓			✓	9/30	
Various Community Development Districts (297)	✓			✓	9/30	
TOTAL	332	5	3	327		

ADDITIONAL SERVICES

CONSULTING / MANAGEMENT ADVISORY SERVICES

Grau & Associates also provide a broad range of other management consulting services. Our expertise has been consistently utilized by Governmental and Non-Profit entities throughout Florida. Examples of engagements performed are as follows:

Accounting systems
Development of budgets
Organizational structures
Financing alternatives
IT Auditing

Fixed asset records
Cost reimbursement
Indirect cost allocation
Grant administration and compliance

ARBITRAGE

The federal government has imposed complex rules to restrict the use of tax-exempt financing. Their principal purpose is to eliminate any significant arbitrage incentives in a tax-exempt issue. We have determined the applicability of these requirements and performed the rebate calculations for more than 150 bond issues, including both fixed and variable rate bonds.

73

Current Arbitrage Calculations

We look forward to providing Del Webb Oak Creek Community Development District with our resources and experience to accomplish not only those minimum requirements set forth in your Request for Proposal, but to exceed those expectations!

For even more information on Grau & Associates please visit us on www.graucpa.com.