CAPRON TRAIL COMMUNITY DEVELOPMENT
DISTRICT

ST. LUCIE COUNTY REGULAR BOARD MEETING MARCH 18, 2024
1:30 P.M.

Special District Services, Inc.
The Oaks Center 2501A Burns Road
Palm Beach Gardens, FL 33410
www.caprontrailcdd.org 561.630.4922 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA CAPRON TRAIL
COMMUNITY DEVELOPMENT DISTRICT
Premier Citrus 14885 Indrio Road
Ft. Pierce, Florida 34945
REGULAR BOARD MEETING
March 18, 2024
1:30 p.m.

Call to Order
Proof of Publication	Page 1
Establish Quorum
Additions or Deletions Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
November 20, 2023 Regular Board Meeting Minutes	Page 2
Old Business
New Business
Consider Approval of Annual Dike Inspection	Page 5
Discussion Regarding Approved Boundary Expansion – Effective March 6, 2024
Engineer’s Report
Attorney’s Report
Field Maintenance Report
Administrative Matters
Financial Report	Page 9
Board Members Comments
Adjourn

LocaliQ
Florida
GANNETT

PO Box 631244 Cincinnati, OH 45263-1244

PROOF OF PUBLICATION
Special District Services Capron Trail Capron Trail Comm. D
Special District Services 250 I Burns RD # A
Palm Beach Gardens FL 33410-5207

STATE OF WISCONSIN, COUNTY OF BROWN

Before the undersigned authority personally appeared, who on oath says that he or she is the Legal Advertising Representative of the Indian River Press Journal/St Lucie News Tribune/Stuart News, newspapers published in Indian River/St Lucie/Martin Counties, Florida; that the attached copy of advertisement, being a Legal Ad in the matter of Public Notices, was published on the publicly accessible websites of Indian River/St Lucie/Martin Counties, Florida, or in a newspaper by print in the issues of, on:

10/06/2023

Affiant further says that the website or newspaper complies with all legal requirements for publication in chapter 50, Florida Statutes.
Subscribed and sworn to before me, by the legal clerk, who is personally known to me, on 10/06/2023

Lega!Cle1

Notary.   State   ofWl,   County    ofBrov.

Publication Cost:	$148.96	
Order No:	9342411	
Customer No:
PO#:	1125991	

My commision expires

# of Copies:
1

THIS IS NOT AN INVOICE!
Please do 1101 use this form for payment remiuance.

CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT FISCAL YEAR 2023/2024 REGU• LAR MEETING SCHEDULE NOTICE IS HEREBY GIVEN that
the Boord of Supervisors of the Capron Trail Communi1y Develop­ ment District will hold Regular Meetings in the offices of Premier Citrus located at 14885 lndrio Rood, Fort Pierce, Florida 349.45 at 1:30
P.m. on the following dates:
October 16, 2023
November 20, 2023
December 18, 2023
January 15, 2024

a,

February 19, 2024
Morch 1  2024
April 15, 2024
Moy 20, 2024
June 17, 2024
July 15, 2024
August 19, 2024
September 16, 202-4
The purpose of the meetings is to conduct any business coming before the Boord. Meetings ore open to the public and will be conduc1ed in occordonce \'lith the provisions of Florido low. Copies of the Agendas for any of the meetings mov be obtained from the District's website or by contacting the District Manager of (772) 345-5119 ond/or toll free of 1-B77-737-4922 prior to the dole of the porticulor meeting.
From time to time one or more Supervisors mov participate by tele­ phone; therefore o speaker tele­ phone may be present of the meet­ ing location so that Supervisors may be fully informed of the discussions toking pJoce. Said meetings may be continued as found necessorv to a time and place specified on the record.
If onv person decides to appeal any decision mode with respect to onv motter considered at these meet­ ings, such person -..viii need o record of the proceedings and such person may need to insure that o verbatim record of the proceedings is made at his or her own expense and which record includes the tes1imony ond evidence on which the oppeol is based.
In accordance with the provisions of the Americans with Disabilities Act, any person requiring special accom­ modations or an interpreter to participate ot any of these meetings should contact the District Manager al (772) 345-5119 and/or toll-free ot J. 077-737-4922 at least seven (7) days prior ta the dote of the particular meeting.
Meetings moy be cancelled from time ta time without advertised notice.
Capron Trail Community Develop­ ment	District
VIWW.COProntroilcdd.org
PUBLISH: St. Lucie News Tribune 10106/23
TCN9342411

KAITLYN FELTY
Notary Public State of Wisconsin

Page 1 of 1

CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING MINUTES
NOVEMBER 20, 2023

CALL TO ORDER

District Manager Frank Sakuma called the November 20, 2023, Regular Board Meeting of the Capron Trail Community Development District (the “District”) to order at 1:35 p.m. at the offices of Premier Citrus located at 14885 Indrio Road, Fort Pierce, Florida 34945.

PROOF OF PUBLICATION

Mr. Sakuma presented proof of publication that notice of the Regular Board Meeting was published in the St. Lucie News Tribune on October 6, 2023, as part of the District’s Fiscal Year 2023/2024 Meeting Schedule, as required by law.

ESTABLISH QUORUM

Mr. Sakuma stated that the attendance of Supervisors David Bass, Mike Cofer and Tom Jerkins (by phone) constituted a quorum and it was in order for the meeting to proceed.

Also in attendance were: District Manager, Frank Sakuma of Special District Services, Inc.; District Engineer Tom McGowan; and District Attorney Dan Harrell of Gonano & Harrell (by phone).

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 no comments from the public for items not on the agenda.
APPROVAL OF MINUTES
August 21, 2023, Regular Board Meeting
The August 21, 2023, Regular Board Meeting minutes were approved, as presented, on a motion
made by Mr. Bass, seconded by Mr. Cofer. The motion passed unanimously.

OLD BUSINESS

There were no Old Business items to come before the Board.
NEW BUSINESS
Consider Approval and Ratification of Letter of No Objection to Conservation Easement

Mr. Sakuma explained to the Board that the letter had been signed in advance of the meeting in order to meet time deadlines for Mr. Stewart. The letter had been reviewed by both the District Engineer and the District’s Attorney, who both approved. There was a motion ratifying and approving the letter of no objection made by Mr. Jerkins, seconded by Mr. Bass and the motion carried unanimously.

Consider Resolution No. 2023-08 – Adopting a Fiscal Year 2022/2023 Amended Budget

Mr. Sakuma presented Resolution No. 2023-08, entitled:

RESOLUTION NO. 2023-08

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING AND ADOPTING AN AMENDED FINAL FISCAL YEAR 2022/2023 BUDGET (“AMENDED BUDGET”), PURSUANT TO CHAPTER 189, FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

There was a motion to adopt Resolution No. 2023-08, as presented, made by Mr. Bass, seconded by Mr. Jerkins and the motion carried unanimously.

ENGINEER’S REPORT

Mr. McGowan advised that a notice of non-compliance from SFWMD was sent to the District in error. The District was currently in compliance, except for calibrations on the irrigation stations. Those calibrations were being coordinated and would occur soon.

ATTORNEY’S REPORT

There was no Attorney’s Report at this time.
FIELD MAINTENANCE REPORT
There was no Field Maintenance Report at this time.
ADMINISTRATIVE MATTERS
Financial Report
Mr. Sakuma briefly went over the Financial Report included in the Board package, and advised the District was in a sound financial position. Mr. Jerkins asked if the higher fuel expense was due to the cost of fuel or volume of fuel being used. Staff confirmed it was the volume being used which is the primary driver of the higher cost.

BOARD MEMBER COMMENTS

There were no further comments from the Board Members.

ADJOURNMENT

There being no further business to come before the Board, the meeting was adjourned at 4:48 p.m. by Chairman Jerkins. There were no objections.

Secretary	Chairman

Capron Trail Community Development District c/o AECOM
3550 Southwest Corporate Parkway Palm City, Florida 34990
Attention:	Mr. Thomas McGowan, P.E.
Subject:	Proposal for Year 2024 Reservoir Inspection Capron Trail Community Development District St. Lucie County, Florida
Dear Mr. McGowan:

AAI Proposal No. 22-66-5433
March 1, 2024

In accordance with your request, we will be pleased to inspect the two water reservoirs and two wetland enclosures of the Capron Trail Community Development District off Indrio Road. The inspection will be completed by Ardaman & Associates, Inc. Engineer, Jason Manning, P.E. We believe that the field work can be completed in one day, with the report to be completed shortly thereafter. We request that you mow the embankments so that we can closely inspect the downgradient slopes and toes of the reservoirs. At the time of our inspection we will mark areas that need maintenance.
The anticipated cost for our Year 2024 inspection and associated engineering services is
$3,300.00. Follow up inspections will be billed at a rate of $170.00/hour (portal to portal).

If the terms above are acceptable to you, please sign and return the Proposal/Project Acceptance and Agreement form as an indication of your acceptance and authorization to proceed with the work.

Please let us know when you will have the mowing completed so that we can conduct our work. We look forward to being of service to you on this project as in previous years.
ARDAMAN & ASSOCIATES, INC.

Jason P. Manning, P.E. Branch Manager
Attachments: Proposal/Project Acceptance and Agreement Form General Conditions

1300 N. Cocoa Boulevard, Cocoa, Florida Phone: (321) 632-2503
Florida: Bartow, Cocoa, Fort Myers, Miami, Orlando, Port St. Lucie, Sarasota, Tallahassee, Tampa, W. Palm Beach Louisiana: Baton Rouge, New Orleans, Shreveport
Texas: Houston

PROPOSAL/PROJECT ACCEPTANCE AND AGREEMENT PROJECT INFORMATION:

Project Name Capron Trail CDD Reservoir	 Project Location St. Lucie County, Florida	 Proposal Number and Date 22-66-5433; dated March 1, 2024	 Description of Services Reservoir Inspection Services	 Estimated Fee   $3,300.00	

PROPERTY OWNER IDENTIFICATION:

Name				 Property Identification Number				 Address				 City/State	 Zip Code		 Phone	 Attention		 Title		

SPECIAL INSTRUCTIONS:
PAYMENT TERMS:

Payment shall be due within 30 days after date of each periodic invoice. Interest at the rate of 18% per annum (or the highest rate allowable by law) shall accrue on all amounts not paid within 30 days after date of invoice. All attorney fees and expenses associated with collection of past due invoices will be paid by Client. Timely payment of Ardaman &
invoice shall constitute a waiver of any and all claims arising from or related to A&A services, including but not limited to the services described in this Proposal.

PROPOSAL ACCEPTANCE:

The Terms and Conditions of this Proposal, including the General Conditions appearing on the following pages of this Proposal, are incorporated herein by reference. No terms or conditions other than those contained herein, and no agreement or understanding, oral or written, purporting to modify these Terms and Conditions, whether contained in
representative of A&A. In the event Client directs A&A to proceed with its Work prior to executing this Proposal Acceptance, such direction shall constitute deemed acceptance of this Proposal.

Accepted this	 day of	, 2024

(Print or type individual, firm or corporate body name)

(Signature of authorized representative)

(Print or type name of authorized representative and title)

GENERAL CONDITIONS

Parties And Scope Of Work	cific services to be performed
the person or business entity ordering the
Work to be done by A&A. If the Client is ordering the W
ient fails to disclose the identity of such ates and obtains a written reliance letter
s Work is for the exclusive use of Client. In no event shall A&A owe any legal duty to any third party (including, but not limited to, assignees, successors in interest and subsequent purchasers) unless those third parties are disclosed by Client in accordance with this paragraph and those third parties accept these General Conditions.
On-Call Services  density tests, concrete tests, etc., on an On-Call basis such that A&A is not retained to perform continuous observations of construction, Client assumes sole responsibility for determining the type, location and frequency of sampling and testing. In such On-Call testing and different conditions may exist at other locations and other elevations. Furthermore, in the event Client fails to properly determine the location or frequency of sampling and testing, under no circumstances will A&A assume that duty by performing its CMT services.
Right-of-Entry Unless otherwise agreed, Client will furnish right-of-entry on the property for A&A to make the planned borings, surveys, and/or explorations. A&A will take reasonable precautions to minimize damage to the property caused by its equipment and sampling procedures, but the cost of restoration or damage which may result from the planned operations is not included in the contracted amount.

Damage to Existing Man-made Objects It shall be the responsibility of the Client to disclose the presence and accurate location of all hidden or obscure man-made objects relative to field tests, sampling, or boring locations. Client waives any c	-
ty claim arising from damage to existing
man-made	-party claims is limited to $1,000,000 per occurrence which the parties agree bears a reasonable relationship to this Agreement.
Limitation of Liability - A&A shall perform services for Client in a professional manner, using that degree of care and skill ordinarily exercised by and consistent with the standards of competent consultants practicing in the same or a similar locality as the project. In the event any portion of the services fails to comply with this obligation and A&A is promptly notified in writing prior to one year after completion of such portion of the services, A&A will re-perform such portion of the services, or if re- performance is impracticable, A&A will refund the amount of compensation paid to A&A for such portion of the services. In no event shall A&A be liable for any special, indirect, incidental, or consequential damages. The remedies set forth herein are exclusive and the total liability of A&A whether in contract, tort (including negligence whether sole or concurrent), or otherwise arising out of, connected with or resulting from any and all services provided by A&A, including but not limited to the Work, shall not exceed the total fees paid by Client or $50,000.00, whichever is less.

PURSUANT TO §558.0035, FLORIDA STATUTES 
AGENTS MAY NOT BE HELD INDIVIDUALLY LIABLE FOR NEGLIGENCE ARISING OUT OF, CONNECTED WITH, OR RESULTING FROM THEIR SERVICES PROVIDED PURSUANT TO THIS AGREEMENT.
Sampling or Testing Location Unless specifically stated to the contrary, the unit fees included in this proposal do not include costs associated with professional land surveying of the site or the accurate horizontal and vertical locations of tests. Field tests or boring locations described in our report or shown on our sketches are based on specific information furnished to us by others or estimates made in the field by our technicians. Such dimensions, depths or elevations should be considered as approximations unless otherwise stated in the report.
Sample Handling and Retention  Generally test samples or specimens are consumed and/or substantially altered during the conduct of tests and A&A, at its sole discretion, will dispose (subject to the following) of any remaining residue immediately upon completion of test unless required in writing by the Client to store or

mples and specimens or the report to Client free of storage charges. After the initial 30 days and upon written request, A&A will

retain test specimens or samples for a mutually acceptable storage charge and period of time. (b) HAZARDOUS OR POTENTIALLY HAZARDOUS SAMPLES: In the event that samples contain substances or constituents hazardous or detrimental to human health, safety or the environment as defined by federal, state or local statutes,
such samples to Client; (ii) using a manifest signed by Client as generator, will have such samples transported to a location selected by Client for final disposal. Client agrees to pay all costs associated with the storage, transport, and disposal of such samples. Client recognizes and agrees that A&A is acting as a bailee and at no time does A&A assume title of said waste.
Discovery of Differing Site Conditions or Unanticipated Hazardous Materials Differing site conditions or certain types of hazardous materials (unanticipated materials) may exist at a site where there is no reason to believe they could or should be present. A&A and Client agree that the discovery of unanticipated materials constitutes a changed condition mandating a renegotiation of the scope of work or termination of services. A&A and Client also agree that the discovery of unanticipated materials may make it necessary for A&A to take immediate measures to protect health and safety. A&A agrees to notify Client as soon as practicable should unanticipated

ied to preserve and protect the health and
In addition, Client waives any claim against A&A arising from A&
Indemnification Client agrees to defend, indemnify, and save harmless A&A from all claims, including negligence claims, suits, losses, personal injuries, death and property liability resulting from the actions o
Assignment 
Legal Jurisdiction The parties agree that any litigation shall be governed by the laws of the State of Florida and only be brought in a court of competent jurisdiction located in Orlando, Orange County, Florida. All causes of action, including but not limited to actions for indemnification and contr  shall be deemed to have accrued and the applicable statutes of limitation, which are unaltered by this provision, shall commence to run not later than the date of issuance

 parties hereto irrevocably waives any and all right to trial by jury in any legal proceeding arising out of or relating to
this agreement.

Compliance With Laws - A&A shall perform its services consistent with the applicable standard of care and endeavor to incorporate laws, regulations, codes, applicable at the time the work is performed. In the event that standards of practice change during the Project, A&A shall be entitled to additional compensation where additional services are needed to conform to the standard of practice. Both A&A and the Client shall abide by all local, state, and federal regulations and laws, the U.S. Foreign Corrupt Practices Act, UK Bribery Act and other laws as may apply.

Termination - A&A may terminate this Agreement with cause for non-payment of invoices upon fourteen (14) days written notice.
Force Majeure - A&A shall not be held responsible for any delay or failure in performance caused by fire, flood, explosion, war, strike, embargo, government requirement, civil or military authority, acts of God, pandemic, epidemic, government shutdowns, act or omission of subcontractors, carrier, clients, or other similar causes beyond its control.
Drafting and Severability This Agreement has been drafted by all Parties hereto and shall not be construed against one Party or in favor of any other Party. In the event that any provision of this Agreement is held invalid, the remainder of this Agreement shall be fully enforceable.
6/22/23

Capron Trail Community Development District

Financial Report For February 2024

CAPRON TRAIL COMMUNITY DEVELOPMENT DISTRICT MONTHLY FINANCIAL REPORT
OPERA TING FUND FEBRUARY 2024

REVENUES	
Annual Budget
10/1/23 • 9/30/24	

Actual Feb-24	Year To Date Actual
10/1/23 • 2/29/24	
0 & M ASSESSMENTS	341,193	0	121,802	
FACILITIES & SERVICE AGREEMENT	15,209	0	0	
OTHER INCOME	0	0	0	
INTEREST INCOME	420	0	1,633	
				
TOTAL REVENUES	$	356,822	$	$	123,435	
				
ADMINISTRATIVE EXPENDITURES				
SUPERVISOR FEES	0	0	0	
FICA TAXES	0	0	0	
ENGINEERING	12,000	0	0	
MANAGEMENT FEES	24,000	2,000	10,000	
LEGAL FEES	4,000	0	480	
AUDIT FEES	3,700	0	0	
INSURANCE - LIABILITY	6,800	0	6,594	
LEGAL ADVERTISING	1,050	0	149	
POSTAGE AND DELIVERY	275	0	88	
OFFICE SUPPLIES/MISCELLANEOUS	1,000	79	526	
DUES & SUBSCRIPTIONS	175	0	175	
WEBSITE MANAGEMENT	1,750	146	729	
				
TOTAL ADMINISTRATIVE EXPENDITURES	$	54,750	$	2,225	$	18,741	
				
MAINTENANCE EXPENDITURES				
MOWING	30,000	0	7,314	
FUEL& OIL	95,000	0	39,043	
AQUATIC MAINTENANCE	17,565	0	9,125	
OPERATIONS MANAGEMENT	43,000	0	9,972	
ROADWAYS & CULVERTS	11,600	0	1,350	
CANAL REPAIR & MAINTENANCE	8,400	0	0	
RESERVOIR REPAIR & MAINTENANCE	12,000	0	971	
DRAINAGE ENGINE/PUMP REPAIR & MAINTENANCE	55,000	0	5,328	
INSURANCE - MAINTENANCE	500	0	0	
MISCELLANEOUS MAINTENANCE	495	0	0	
				
TOTAL MAINTENANCE EXPENDITURES	$	273,560	$	-	$	73,103	
				
TOTAL EXPENDITURES	$	328,310	$	2,225	$	91,844	
				
REVENUES LESS EXPENDITURES	$	28,512	$	(2,225)	$	31,591	
				
COUNTY APPRAISER & TAX COLLECTOR FEE	(14,256)	0	(9,163)	
DISCOUNTS FOR EARLY PAYMENTS	(14,256)	0	(4,871)	
	-			
EXCESS/ (SHORTFALL)	$	$	(2,225)	$	17,557	
				
CARRYOVER FROM PRIOR YEAR	0	0	0	
				
NET EXCESS/ (SHORTFALL)	$	$	(2,225)	$	17,557	

Note: Premier Citrus Management Invoices Received Through December 2023

Bank Balance As Of 2/29/24	$	92,162.59	
Accounts Payable As Of 2/29/24	$	19,285.39	
Accounts Receivable As Of 2/29/24	$	
Available Funds As Of 2/29/24	$	72,877.20	

Capron Trail Community Development District
Budget vs. Actual
October 2023 through February 2024

Oct '23 - Feb 24	23/24 Budget	$ Over Budget	% of Budget
			
Income

01-3100 • 0 & M Assessments	121,802.43		341,193.00		-219,390.57		35.7%	
01-3830 • Assessment Fees	-9,162.55		-14,256.00		5,093.45		64.27%	
01-3831 • Assessment Discounts	-4,871.22		-14,256.00		9,384.78		34.17%	
01-9401 • Facilities & Service Agreement	0.00		15,209.00		-15,209.00		0.0%	
01-9410 • Interest Income (GF)	1,632.83		420.00		1,212.83		388.77%	
Total Income	109,401.49		328,310.00		-218,908.51		33.32%	
Expense								
01-1310 • Engineering	0.00		12,000.00		-12,000.00		0.0%	
01-1311 • Management Fees	10,000.00		24,000.00		-14,000.00		41.67%	
01-1315 • Legal Fees	480.00		4,000.00		-3,520.00		12.0%	
01-1320 • Audit Fees	0.00		3,700.00		-3,700.00		0.0%	
01-1450 • Insurance (Liability)	6,594.00		6,800.00		-206.00		96.97%	
01-1480 • Legal Advertisements	148.96		1,050.00		-901.04		14.19%	
01-1513 • Postage and Delivery	88.44		275.00		-186.56		32.16%	
01-1514 • Office Supplies/Miscellaneous	526.04		1,000.00		-473.96		52.6%	
01-1540 • Dues, License & Subscriptions	175.00		175.00		0.00		100.0%	
01-1750 • Website Management	729.15		1,750.00		-1,020.85		41.67%	
01-1803 • Aquatic Maintenance	9,124.50		17,565.00		-8,440.50		51.95%	
01-1822 • Mowing	7,314.24		30,000.00		-22,685.76		24.38%	
01-1823 • Fuel & oil	39,042.74		95,000.00		-55,957.26		41.1%	
01-1824 • Operations Management	9,972.45		43,000.00		-33,027.55		23.19%	
01-1825 • Roadways & Culverts	1,350.43		11,600.00		-10,249.57		11.64%	
01-1826 • Canal Repair & Maintenance	0.00		8,400.00		-8,400.00		0.0%	
01-1827 • Reservoir Repair & Maintenance	971.25		12,000.00		-11,028.75		8.09%	
01-1828 • Drainage Engine/Pump Repair Mai	5,326.96		55,000.00		-49,673.04		9.69%	
01-1829 • Insurance-Maintenance	0.00		500.00		-500.00		0.0%	
01-1831 • Maintenance Miscellaneous	0.00		495.00		-495.00		0.0%	
Total Expense	91,844.16		328,310.00		-236,465.84		27.98%	
Net Income	17,557.33		0.00		17,557.33		100.0%	

Capron Trail Community Development District Balance Sheet
As Of February 29, 2024

Operating Fund	Debt Service Fund	Capital Projects Fund	General Fixed Assets Fund	Long Term Debt Fund	TOTAL
ASSETS
Current Assets Checking/Savings
CSB	92,162.59		0.00		0.00		0.00		0.00		92,162.59	
Total Checking/Savings	92,162.59		0.00		0.00		0.00		0.00		92,162.59	
Total Current Assets	92,162.59		0.00		0.00		0.00		0.00		92,162.59	
Other Assets												
Accounts Receivable	0.00		0.00		0.00		0.00		0.00		0.00	
Land & Land Improvements	0.00		0.00		0.00		458,847.00		0.00		458,847.00	
Infrastructure (Grass Carp System)	0.00		0.00		0.00		29,374.00		0.00		29,374.00	
Infrastructure	0.00		0.00		0.00		6,062,836.00		0.00		6,062,836.00	
Equipment	0.00		0.00		0.00		5,000.00		0.00		5,000.00	
Depreciation - Infrastructure	0.00		0.00		0.00		-6,052,708.00		0.00		-6,052,708.00	
Depreciation - Equipment	0.00		0.00		0.00		-5,000.00		0.00		-5,000.00	
Amount Available In DSF	0.00		0.00		0.00		0.00		0.00		0.00	
Amount To Be Provided	0.00		0.00		0.00		0.00		0.00		0.00	
Total Other Assets	0.00		0.00		0.00		498,349.00		0.00		498,349.00	
TOTAL ASSETS	92,162.59		0.00		0.00		498,349.00		0.00		590,511.59	
LIABILITIES & EQUITY												
Liabilities
Current Liabilities Accounts Payable
Accounts Payable	19,285.39		0.00		0.00		0.00		0.00		19,285.39	
Total Accounts Payable	19,285.39		0.00		0.00		0.00		0.00		19,285.39	
Other Current Liabilities
Accrued Expenses	0.00		0.00		0.00		0.00		0.00		0.00	
Total Other Current Liabilities	0.00		0.00		0.00		0.00		0.00		0.00	
Total Current Liabilities	19,285.39		0.00		0.00		0.00		0.00		19,285.39	
Long Term Liabilities
Special Assessment Debt (2002)	
0.00		
0.00		
0.00		
0.00		
0.00		
0.00	
Special Assessment Debt (2008)	0.00		0.00		0.00		0.00		0.00		0.00	
Total Long Term Liabilities	0.00		0.00		0.00		0.00		0.00		0.00	
Total Liabilities	19,285.39		0.00		0.00		0.00		0.00		19,285.39	
Equity
Retained Earnings	
55,319.87		
0.00		
0.00		
-6,057,708.00		
0.00		
-6,002,388.13	
Net Income	17,557.33		0.00		0.00		0.00		0.00		17,557.33	
Current Year Depreciation	0.00		0.00		0.00		0.00		0.00		0.00	
Investment In Gen Fixed Assets	0.00		0.00		0.00		6,556,057.00		0.00		6,556,057.00	
Total Equity	72,877.20		0.00		0.00		498,349.00		0.00		571,226.20	
TOTAL LIABILITIES & EQUITY	92,162.59		0.00		0.00		498,349.00		0.00		590,511.59	

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