DARBY
Community Development District DECEMBER 10, 2024

AGENDA

December 3, 2024 Board of Supervisors
Darby Community Development District Dear Board Members:

Darby Community Development District
475 West Town Place
Suite 114 St. Augustine, Florida 32092
1-877-304-9269 Code: 6259765

The Meeting of the Darby Community Development District will be held Tuesday, December 10, 2024 at 10:30 a.m. located at 1000 Riverside Ave., Suite 600, Jacksonville, Florida 32204. Following is the advance agenda for the meeting:
Roll Call

Audience Comments (regarding agenda items listed below)

Organizational Matters
Acceptance of Resignation from Supervisor Beauchamp & Supervisor Egger

Appointment of New Supervisors to Fill the Unexpired Terms of Office (11/25 & 11/27)
Oath of Office for Newly Appointed Supervisor

Election of Officers, Resolution 2025-02

Consideration of Minutes of the October 8, 2024 Meeting

Consideration of Resolution 2025-03, Extending the Terms of Office to Coincide with the General Elections

Ratification of Requisition No. 5

Staff Reports
Attorney

Engineer

Manager

Supervisors Requests

Audience Comments

Financial Statements as of October 31, 2024

Check Register

Next Scheduled Meeting – January 14, 2025 @ 10:30 a.m.

Adjournment

THIRD ORDER OF BUSINESS

A.

From: Joshua Beauchamp <josh_beauchamp@icloud.com>
Subject: Acree and Darby Boards
Date: November 6, 2024 at 9:20:40 AM EST
To: dlaughlin@gmsnf.com
Daniel,
I’m unsure if you’re the correct person I need to alert to this but I am no longer the Communications Director with Corner Lot as the position was eliminated.
As such, I’ll need to resign from the Darby and Acree boards, effective immediately. Please let me know what you need from me.
Thank you.

Josh Beauchamp
E: josh_beauchamp@icloud.com C: 904-868-9931

---------- Forwarded message ---------
From: Rick Egger <rick_egger@yahoo.com> Date: Thu, Dec 5, 2024, 1:29 PM
Subject: Acree and Darby CDD To: George Leone
<gleone@cornerlotdevelopment.com>, dlaughlin@gmsnf.com <dlaughlin@gmsnf.com>

To whom it may concern,

I, Richard Egger, need to resign my position as supervisor on the Acree and Darby CDD board. If you need anything else please let me know.

thank you,

Rick Egger Rick_egger@yahoo.com
(352) 266-1581
http://www.linkedin.com/in/rickegger

D.

RESOLUTION 2025-02
A RESOLUTION DESIGNATING OFFICERS OF THE DARBY COMMUNITY DEVELOPMENT DISTRICT

WHEREAS, the Board of Supervisors of the Darby Community Development District at a regular business meeting held on December 10, 2024 desires to elect the below recited persons to the offices specified.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE DARBY COMMUNITY DEVELOPMENT DISTRICT:

The following persons were elected to the offices shown, to wit:

Chairman
Vice-Chairman Daniel Laughlin		Secretary Daniel Laughlin		Treasurer
James Oliver		Assistant Treasurer Marilee Giles	            Darrin Mossing	           Matthew Biagetti	           Marilee Giles		Assistant Secretary James Oliver	            Darrin Mossing	           Matthew Biagetti	

PASSED AND ADOPTED THIS 10TH DAY OF DECEMBER, 2024.

Chairman / Vice Chairman

Secretary / Assistant Secretary

FOURTH ORDER OF BUSINESS

Minutes of Meeting Darby
Community Development District

The regular meeting of the Board of Supervisors of the Darby Community Development District was held Monday, October 8, 2024 at 10:34 a.m. at the offices of Corner Lot Development, 1000 Riverside Avenue, Suite 600, Jacksonville, Florida

Present and constituting a quorum were:
George Leone	Chairman
Shannon Acevedo	Vice Chair
Rick Egger	Supervisor
William English	Supervisor
Josh Beauchamp	Supervisor

Also present were:
Daniel Laughlin	District Manger
Wes Haber	District Counsel by telephone
Beth Leaptrott	Engineer, Connelly & Wicker by telephone
Walt Schwartz	Corner Lot Development
Jeremy Wannamaker	Corner Lot Development
Justin Holmes	Corner Lot Development Following is a summary of the actions taken at the October 8, 2024 meeting.
FIRST ORDER OF BUSINESS	Roll Call
Mr. Laughlin called the meeting to order at 10:34 a.m. and called the roll.

SECOND ORDER OF BUSINESS	Audience Comments
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Consideration	of	the	Minutes	of	the
September10, 2024 Meeting

On MOTION by Mr. English seconded by Mr. Beauchamp with all in favor the minutes of the September 10, 2024 meeting were approved as presented.

October 8, 2024	Darby Community Development District

FOURTH ORDER OF BUSINESS	Consideration	of	Resolution	2025-01
Approving the Transfer of SJRWMD Permit for Subdivision Phase 1 Amenity Center
Mr. Haber stated the permit is issued in the name of the developer for the construction phase and once the improvements are complete the permit shifts for the operation and maintenance phase to the CDD as the entity identified to own, operate and maintain the stormwater permit and becomes the permittee under the permit for the operation and maintenance phase. The water management district likes to see proof that the CDD is willing to accept that responsibility and willing to become the permittee and that is what this resolution does. It is documentation that can be provided to the water management district that the board has agreed to accept the responsibilities to be the permittee under the permit for the operation and maintenance phase.
Ms. Leaptrott stated it will be for all phases, not just the amenity. I have to first certify the as-builts. I have to make sure we have all the as-builts then I can submit the certification then transfer for O&M. There is a water management district permit for Phase 1 and 2 and there is a water management permit for the amenity center, two separate permits and we will need to do it for both. Phase 1 and 2 permit number is: 175700-4, the amenity center is: 175700-3.
Mr. Haber stated I think the action we would be looking for from the board is to approve this resolution in substantial form with the understanding that it should be updated to include a reference to not only the amenity permit but also the Phase 1 and 2 permit.

On MOTION by Mr. Leone seconded by Mr. Egger with all in favor Resolution 2025-01 was approved in substantial form to be updated to include phases 1 and 2 and the chairman was authorized to sign the final resolution.

FIFTH ORDER OF BUSINESS	Discussion of Kings Preserve Phases 3 & 4
Mr. Laughlin stated in the agenda package are the operation and maintenance plans for maintenance of the different areas.
Ms. Leaptrott stated this is something that the water management district is requiring with the new rules. It gives you a budget of what it is going to maintain the ponds, pond banks, inspections, and maintaining the water quality. It gives you the access, components you are going to be looking at, the general maintenance, different sections, outlet control, and the upflow filters.

October 8, 2024	Darby Community Development District

There is an inspection checklist and estimate and annual expense. For each of these the CDD will have to have an engineer do the inspections.
Mr. Laughlin stated typically in these cases the CDD engineer would do these types of inspections. I have seen certain pond bank work here they have gotten a geotechnical engineer to prepare plans for the repair. I would think that we would use Connelly & Wicker for these inspections.
Mr. Leone asked this doesn’t apply to phases 1 and 2 only phases 3 and 4?
Ms. Leaptrott stated those were permitted before the rule changes so we haven’t written these up previously for process but 3 and 4 are still in the permitting process. I can get this done this week and I will have it for the next meeting, to develop the plans, specifying access and the components and a cost estimate.
Mr. Leone asked can you look at your estimated cost for phase 4? I don’t think the unit cost in the total column are adding up correctly. It could be a formula issue.
Ms. Leaptrott stated I will get that fixed.

SIXTH ORDER OF BUSINESS	Ratification of Audit Engagement Letter with
Grau & Associates for Fiscal Year 2024 Audit

On MOTION by Mr. English seconded by Ms. Acevedo with all in favor the engagement letter with Grau & Associates to perform the fiscal year 2024 audit was ratified.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
There being none, the next item followed.

Engineer
Ms. Leaptrott stated Phase 2 is still under construction, phase 3 and 4 we are still working on wetland permitting.

Manager
There being none, the next item followed.

October 8, 2024	Darby Community Development District

EIGHTH ORDER OF BUSINESS	Supervisors Requests
There being none, the next item followed.

NINTH ORDER OF BUSINESS	Audience Comments
There being none, the next item followed.

TENTH ORDER OF BUSINESS	Financial Statements as of August 31, 2024
A copy of the financials was included in the agenda package.

ELEVENTH ORDER OF BUSINESS	Consideration of Funding Request No. 11

On MOTION by Mr. Leone seconded by Mr. Beauchamp with all in favor funding request no. 11 in the amount of $10,241.11 was approved.

TWELFTH ORDER OF BUSINESS	Next Meeting Scheduled – November 12, 2024
at 10:30 a.m.
Mr. Laughlin stated the next meeting is scheduled for November 12, 2024 at 10:30 a.m. in the same location.

On MOTION by Mr. English seconded by Mr. Egger with all in favor the meeting adjourned at 10:53 a.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

FIFTH ORDER OF BUSINESS

RESOLUTION 2025-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE DARBY COMMUNITY DEVELOPMENT DISTRICT EXTENDING THE TERMS OF OFFICE OF ALL CURRENT SUPERVISORS TO COINCIDE WITH THE GENERAL ELECTION PURSUANT TO SECTION 190.006, FLORIDA STATUTES; PROVIDING FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the Darby Community Development District (the “District”) is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, the current members of the Board of Supervisors (the “Board”) were elected by the landowners within the District based on a one acre/one vote basis; and

WHEREAS, Chapter 190, Florida Statutes, authorizes the Board to adopt a resolution extending or reducing the terms of office of Board members to coincide with the general election in November; and

WHEREAS, the Board of Supervisors finds that it is in the best interests of the District to adopt this Resolution extending the terms of office of all current Supervisors of the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE DARBY COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1.
The following terms of office are hereby extended to coincide with the general election to be held in November of 2026:

Seat #1	Shannon Acevedo

Seat #3		

Seat #5	William English

The following terms of office are hereby extended to coincide with the general election to be held in November of 2028:

Seat #2		

Seat #4	George Leone

SECTION 2. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 3.	This Resolution shall become effective upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this 10th day of December, 2024.

ATTEST:	DARBY COMMUNITY
DEVELOPMENT DISTRICT

Print Name: 		Print Name: 	
Secretary/Assistant Secretary	Chairperson/Vice Chairperson, Board of Supervisors

SIXTH ORDER OF BUSINESS

The undersigned, an Authorized Officer of Darby Community Development District (the "District") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, Fort Lauderdale, Florida, as trustee (the "Trustee"), dated as of February 1, 2024 (the "Master Indenture"), as amended and supplemented by the First Supplemental Trust Indenture between the District and the Trustee, dated as of February 1, 2024 (the Master Indenture as amended and supplemented is hereinafter referred to as the "Indenture") (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 5

Name of Payee: Kutak Rock LLP First National Bank of Omaha ABA Routing #104000016
Account #24690470

Amount Payable: $1,251.00

Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments, or, state Costs of Issuance, if applicable): Payment for legal fees related to bond validation and acquisition of capital improvements.
Fund, Account and/or subaccount from which disbursement is to be made:

The undersigned hereby certifies that obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the Series 2024A General Subaccount in the Series 2024A Acquisition and Construction Account, that each disbursement set forth above was incurred in connection with the acquisition and construction of the Series 2024 Project and each represents a Cost of the Series 2024 Project, and has not previously been paid.
The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.

Originals or copies of the invoice(s) from the vendor of the property acquired or services rendered with respect to which disbursement is hereby requested are on file with the District.
DARBY COMMUNITY DEVELOPMENT DISTRICT

s=)	4
Authorized Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
If this requisition is for a disbursement from other than the Costs of Issuance Account, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the Series 2024 Project and is consistent with: (i) the applicable acquisition or construction contract; (ii) the plans and specifications for the portion of the Series 2024 Project with respect to which such disbursement is being made; and (iii) the report of the Consulting Engineer attached as an Exhibit to the First Supplemental Indenture, as such report shall have been amended or modified on the date hereof.

Conslli e(			t{)

KUTAK  ROCK  LLP
TALLAHASSEE, FLORIDA
Telephone 404-222-4600
Facsimile 404-222-4654

Federal ID 47-0597598

September 26, 2024

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

ACH/Wire Transfer Remit To:
ABA #104000016
First National Bank of Omaha
Kutak Rock LLP
AIC # 24690470
Reference: Invoice No. 3453895 Client Matter No. 43923-2
Notification Email: eftgroup@kutakrock.com

Mr. Jim Oliver Darby CDD
C/O Governmental Management Services, LLC Suite 114
475 West Town Place
St. Augustine, FL 32092	Invoice No. 3453895
43923-2

Re:	Project Construction
For Professional Legal Services Rendered

06/14/24	W. Haber	0.30	108.00	Review	and	respond	to	

07/17/24	

W. Haber	

0.30	

108.00	correspondence regarding retainage payment for offsite improvements Participate	in conference	call to	
				discuss acquisition and conveyance
status and related matters	
07/17/24	W. Haber	0.30	108.00	Begin	preparation	of	acquisition package for retainage payment	
07/23/24	W. Haber	0.60	216.00	Participate	m	call	to	discuss	
acquisitions and conveyances to City	
07/26/24	K. Jusevitch	0.80	136.00	Confer	with retainage	Haber package;	regarding research	
disclosure documents	
07/27/24

07/29/24	K. Jusevitch

K. Jusevitch	0.70

0.40	119.00

68.00	Prepare package Finalize	retainage

retainage	requisition

package	and	

07/30/24	
W. Haber	
0.40	
144.00	confer with Haber regarding same
Review and revise retainage payment	

07/31/24	
W. Haber	
0.30	
108.00	package
Finalize	package	for	retainage	
				payment	

KUTAK ROCK LLP
Darby CDD September 26, 2024
Client Matter No. 43923-2 Invoice No. 3453895
Page 2

07/31/24	K. Jusevitch	0.80	136.00	Confer with Haber; update retainage
package
TOTAL HOURS	4.90

TOTAL FOR SERVICES RENDERED TOTAL CURRENT AMOUNT DUE

$1,251.00
$1,251.00

TENTH ORDER OF BUSINESS

Darby
Community Development District

Unaudited Financial Reporting
October 31, 2024

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Month to Month	

5	
	Debt Service Fund Series 2024 A-1	

6	
	Debt Service Fund Series 2024 A-2	

7	
	Capital Projects Fund	

8	
	Construction Account Requisition Summary	

9	
	Rec Improvements Account Requisition Summary	

10	
	Developer Contributions	

11	
	Assessment Receipts Summary	

12	
	Long Term Debt Report	

Darby
Community Development District Combined Balance Sheet
October 31, 2024

General
Fund

2024 A1 Debt
Service Fund

2024 A2 Debt
Service Fund

Capital Project
Fund

Totals
Governmental Funds

Assets:
Cash:
Operating Account	

$	8,894	

$	

-		

$	

-		

-	

$	

8,894	
Accounts Receivable Due from Other
Due from General Fund	-
-
-			-

-			-

-	-

-		-
-
-	
Due from Developer	10,241	-	-	-	10,241	
Investments:
State Board of Administration (SBA)	

-	

-	-	-	

-	
Series 2024
Reserve A1	

-	

258,066	-	-	

258,066	
Reserve A2	-	-	573,694	573,694	
Cap Interest A1	-	116,665	-	-	116,665	
Cap Interest A2		-	317,707	317,707	
Revenue	-	9,062	-	-	9,062	
Prepayment A2	-	-	1,117,712	-	1,117,712	
Acquisiton and Construction	-	-	-	5,611,849	5,611,849	
Recreational Improvements	-	-	-	1,551,043	1,551,043	
Cost of Issuance	-	-	-	-	-	
Prepaid Expenses	-	-	-	-	-	
Deposits	-	-	-	-	-	
Total Assets	$	19,135	$	383,792	$	2,009,112	$	7,162,892	$	9,574,932	

Liabilities:
Accounts Payable	

$	5,041	

$	-	$	-	$	-	$	

5,041	
Due to Debt Service	-		-	-	-	-	

Total Liabilites	$	5,041	$	-	$	-	$	-	$	5,041	

Fund Balance:
Nonspendable: Prepaid Items	

$	-	

$	-	

$	-	

$	-	

$	

-	
Restricted for:
Debt Service - Series	
-	
383,792	
2,009,112	
-		
2,392,904	
Capital Project - Series	-	-	-	7,162,892		7,162,892	
Unassigned	14,094	-	-	-		14,094	
Total Fund Balances	$	14,094	$	383,792	$	2,009,112	$	7,162,892	$	9,569,890	
							
Total Liabilities & Fund Balance	$	19,135	$	383,792	$	2,009,112	$	7,162,892	$	9,574,932	

Darby
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending October 31, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 10/31/24	Thru 10/31/24	Variance	

Revenues:		
Special Assessments - On Roll	$	137,392	$	-	$	-	$	-	
Special Assessments - Direct Bill	82,483		-	-	
Developer Contributions	113,278	5,200	5,200	-	
Interest Income	-	-	-	-	
Other Income	-	-	-	-	
Total Revenues	$	333,153	$	5,200	$	5,200	$	-	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	1,000	$	-	$	1,000	
FICA Expense	918	77	-	77	
Engineering	12,000	1,000	-	1,000	
Attorney	25,000	2,083	-	2,083	
Annual Audit	3,300	-	-	-	
Assessment Administration	7,500	-	-	-	
Arbitrage Rebate	600	-	-	-	
Trustee Fees	4,600	-	-	-	
Management Fees	47,700	3,975	-	3,975	
Dissemination Agent	7,500	-	-	-	
Information Technology	1,908	159	-	159	
Website Maintenance	1,272	106	-	106	
Telephone	500	42	-	42	
Postage & Delivery	1,500	125	-	125	
Insurance General Liability	5,500	5,500	5,200	300	
Printing & Binding	1,200	100	-	100	
Legal Advertising	5,000	417	-	417	
Other Current Charges	1,200	100	5	95	
Office Supplies	1,000	83	-	83	
Dues, Licenses & Subscriptions	175	175	175	-	
Total General & Administrative	$	140,373	$	14,942	$	5,380	$	9,562	

Operations & Maintenance:					
Landscape Maintenance	$	35,000	$	-	$	-	-	
Landscape Contingency	10,000	-	-	-	
Lake Maintenance	7,000	-	-	-	
Field Operations Management	12,000	-	-	-	
Repairs & Maintenance	13,000	-	-	-	
Irrigation Repairs	4,000	-	-	-	
Electric	35,000	-	-	-	
Water & Sewer	15,000	-	-	-	
Total Operations & Maintenance	$	131,000	$	-	$	-	$	-	

Darby
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending October 31, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 10/31/24	Thru 10/31/24	Variance	

Amenity Maintenance		
Insurance	$	25,000	$	-	-	-	
Facility Management	10,000	-	-	-	
Pool Maintenance	6,000	-	-	-	
Pool Chemicals	5,000	-	-	-	
Pool Permits	530	-	-	-	
Cable	2,200	-	-	-	
Janitorial	6,300	-	-	-	
Facility Maintenance	5,000	-	-	-	
Pest Control	1,000	-	-	-	
Refuse	750	-	-	-	
Total Amenity Maintenance	$	61,780	$	-	$	-	$	-	
					
TOTAL EXPENDITURES	$	333,153	$	14,942	$	5,380	$	9,562	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(9,742)	$	(180)	$	(9,562)	
					
Fund Balance - Beginning	$	-		$	14,274		
					
Fund Balance - Ending	$	-		$	14,094		

Darby
Community Development District Month to Month

Oct	Nov	Dec	Jan	Feb	March	April	May	June	July	Aug	Sept	Total	

Revenues:
Special Assessments - On Roll	$	-	$	- Special Assessments - Direct Bill
Developer Contributions	5,200	-	

$	-

-	

$	-

-	

$	-

-	

$	-

-	

$	-

-	

$	-

-	

$	-

-	

$	-

-	

$	-

-	

$	-

-	

$	-
- 5,200	
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-		
Total Revenues	$	5,200  $	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	5,200	

Expenditures:
General & Administrative:

Attorney

$	-	$	-	$	-	$	-	$	-	$	-	$	-	$

-	$	-	$

-	$	-	$	-	$	-

Annual Audit	-	-	-	-	-	-	-	-	-	-	-	-	-	
Management Fees	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dissemination Agent	-	-	-	-	-	-	-	-	-	-	-	-	-	
Information Technology	-	-	-	-	-	-	-	-	-	-	-	-	-	
Website Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Telephone	-	-	-	-	-	-	-	-	-	-	-	-	-	
Postage & Delivery	-	-	-	-	-	-	-	-	-	-	-	-	-	
Insurance General Liability	5,200	-	-	-	-	-	-	-	-	-	-	-	5,200	
Printing & Binding	-	-	-	-	-	-	-	-	-	-	-	-	-	
Legal Advertising	-	-	-	-	-	-	-	-	-	-	-	-	-	
Other Current Charges	5	-	-	-	-	-	-	-	-	-	-	-	5	
Office Supplies	-	-	-	-	-	-	-	-	-	-	-	-	-	
Dues, Licenses & Subscriptions	175	-	-	-	-	-	-	-	-	-	-	-	175	
Total General & Administrative	$	5,380	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	5,380	
Operations & Maintenance:			

Landscape Maintenance

$	-	$	-	$	-	$	-	$	-	$	-	$	-	$

-	$	-	$

-	$	-	$	-	$	-

Landscape Contingency	-	-	-	-	-	-	-	-	-	-	-	-	-	
Lake Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Field Operations Management	-	-	-	-	-	-	-	-	-	-	-	-	-	
Repairs & Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Irrigation Repairs	-	-	-	-	-	-	-	-	-	-	-	-	-	
Electric	-	-	-	-	-	-	-	-	-	-	-	-	-	
Water & Sewer	-	-	-	-	-	-	-	-	-	-	-	-	-	
Total Operations & Maintenance			
Amenity Maintenance			
Insurance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	
Facility Management	-	-	-	-	-	-	-	-	-	-	-	-	-	
Pool Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Pool Chemicals	-	-	-	-	-	-	-	-	-	-	-	-	-	
Pool Permits	-	-	-	-	-	-	-	-	-	-	-	-	-	
Cable	-	-	-	-	-	-	-	-	-	-	-	-	-	
Janitorial	-	-	-	-	-	-	-	-	-	-	-	-	-	
Facility Maintenance	-	-	-	-	-	-	-	-	-	-	-	-	-	
Pest Control	-	-	-	-	-	-	-	-	-	-	-	-	-	
Refuse	-	-	-	-	-	-	-	-	-	-	-	-	-	
Total Amenity Maintenance			
			
Excess (Deficiency) of Revenues over Expenditures	$	(180)	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	(180)	
			
Net Change in Fund Balance	$	(180)	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	(180)	

Darby
Community Development District Debt Service Fund Series 2024 - A1
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending October 31, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 10/31/24	Thru 10/31/24	Variance	

Revenues:		
Special Assessments	$	258,137	$	-	$	-	$	-	
Interest Income	2,500	208	1,560	1,352	
Total Revenues	$	260,637	$	208	$	1,560	$	1,352	

Expenditures:					
Interest - 11/1	$	103,781	$	-	$	-	$	-	
Interest - 5/1	103,781	-	-	-	
Principal - 5/1	50,000	-	-	-	
Total Expenditures	$	257,563	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	3,074	$	208	$	1,560	$	1,352	

Other Financing Sources/(Uses):					
Transfer In	-	-	4,484	4,484	
Total Other Financing Sources/(Uses)	$	-	$	-	$	4,484	$	4,484	
					
Net Change in Fund Balance	$	3,074	$	208	$	6,045	$	5,837	
					
Fund Balance - Beginning	$	103,781		$	377,747		
					
Fund Balance - Ending	$	106,855		$	383,792		

Darby
Community Development District Debt Service Fund Series 2024-A2
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending October 31, 2024

Adopted	Prorated Budget	Actual	
Budget	Thru 10/31/24	Thru 10/31/24	Variance	

Revenues:

Special Assessments - Tax Roll	$	573,658	$	-	$	-	$	-	
Special Assessments - Prepayments	-	-			-	-		

Interest Income	5,000	417	8,155	7,738	
Total Revenues	$	578,658	$	417	$	8,155	$	7,738	

Expenditures:					
Interest - 11/1	$	286,847	$	-	$	-	$	-	
Interest - 5/1	286,847	-	-	-	
Total Expenditures	$	573,694	$	-	$	-	$	-	
					
Excess (Deficiency) of Revenues over Expenditures	$	4,964	$	417	$	8,155	$	7,738	

Other Financing Sources/(Uses):					
Transfer Out	-	-	(4,484)	(4,484)	
Total Other Financing Sources/(Uses)	$	-	$	-	$	(4,484)	$	(4,484)	
					
Net Change in Fund Balance	$	4,964	$	417	$	3,671	$	3,254	
					
Fund Balance - Beginning	$	-		$	2,005,441		
					
Fund Balance - Ending	$	4,964		$	2,009,112		

Total Revenues	$	30,322

Darby
Community Development District Capital Projects Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending October 31, 2024

2024A

Thru 10/31/24

Revenues

Interest Income

$

30,322

Expenditures:

Capital Outlay - Acquisiton and Construciton Cost of Issuance
Underwriter's Discount
Capital Outlay - Recreation Improvements

$

1,251
-
-
-

Other Financing Sources/(Uses)

Bond Proceeds

$

-

Fund Balance - Ending	$	7,162,892

Fund Balance - Beginning	$	7,133,821

Net Change in Fund Balance	$	29,071

Total Other Financing Sources (Uses)	$	-

Excess (Deficiency) of Revenues over Expenditures	$	29,071

Total Expenditures	$	1,251

Darby
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Revenue Bonds, Series 2024
Construction Account

Date Paid	

REQ #	

Contractor	

Description	

Requisition	

2/20/24	
1	
Plummer JV LLC	
Earthwork and Offsite Improvements	
$	4,051,668.56	

6/20/24	
2	
Kutak Rock	Payment for legal fees related to bond validation and acquisition of capital improvements Invoice #3292729.	
13,997.25	
8/6/24	3	Kutak Rock	Project Construction -Feb24 Invoice #3381619	1,042.00	
9/13/24	4	Plummer JV LLC	JEA Retainage	480,147.77	
10/11/24	5	Kutak Rock	Project Construction -Jul24 Invoice #3453895	1,251.00	
		TOTAL		$	4,548,106.58	
	
Project (Construction) Fund at 2/29/24	
$	9,938,469.46	
	Interest Earned and Transfer thru 10/31/24	205,615.52	
	Transfer from COI	15,870.99	
	Outstanding Requistions	-	
Requisitons Paid thru 10/31/24	(4,548,106.58)

$	5,611,849.39

emaining Project (Construction) Fund

R

Darby
COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Revenue Bonds, Series 2024
Recreational Improvements Account

Project (Construction) Fund at 2/29/24 Interest Earned and Transfer thru 10/31/24 Outstanding Requistions
Requisitons Paid thru 10/31/24

$

1,500,000.00
51,042.79
-
-

1,551,042.79

$

Remaining Project (Construction) Fund

TOTAL	$	-

Date Paid  REQ #	Contractor	Description	Requisition

DARBY COMMUNITY DEVELOPMENT DISTRICT
Fiscal Year 2025 Assessments Receipts Summary

ASSESSED	# O&M UNITS ASSESSED	SERIES 2024-1 DEBT ASSESSED	SERIES 2024PH3-1 DEBT ASSESSED	FY25 O&M ASSESSED	
TOTAL ASSESSED	
LENNAR HOMES	10	9,236.40	-	4,489.90	13,726.30	
MERITAGE HOMES	27	20,504.76	-	12,122.73	32,627.49	
PLUMMER JV LLC	705	228,323.59	-	203,261.64	431,585.23	
TOTAL DIRECT INVOICES (1) (2)	742	258,064.75	-	219,874.27	477,939.02	
ASSESSED REVENUE TAX ROLL	0	-	-	-	-	
TOTAL ASSESSED	742	258,064.75	-	219,874.27	477,939.02	

DUE / RECEIVED	
BALANCE DUE	SERIES 2024-1 DEBT RECEIVED	SERIES 2024PH3-1 DEBT RECEIVED	
O&M RECEIVED	
TOTAL RECEIVED	
LENNAR HOMES	13,726.30	-	-	-	-	
MERITAGE HOMES	32,627.49	-	-	-	-	
PLUMMER JV LLC	380,769.82	-	-	50,815.41	50,815.41	
TOTAL DIRECT RECEIVED	427,123.61	-	-	50,815.41	50,815.41	
TAX ROLL DUE / RECEIVED	-	-	-	-	-	
TOTAL DUE / RECEIVED	427,123.61	-	-	50,815.41	50,815.41	

D/S Direct Assessments are due: 60% due 4/1/25 and 40% due 9/1/25
O&M is due 25% by 10/1/24, 1/1/25, 4/1/25, 7/1/25
Series 2024-2 and 2024PH3-2 Bonds are to be paid off at closing and are invoiced semi-annually for remaining interest due

Darby
Community Development District Long Term Debt Report

	Series 2024 A-1, Special Assessment Revenue Bonds		
Original Issue Amount:		$3,620,000	
Interest Rate:		4.8% - 6.0%	
Maturity Date:		5/1/2054	
Reserve Fund Definition		Max Annual Debt Service	
Reserve Fund Requirement		$258,066	
Reserve Fund Balance		258,066	
Bonds Outstanding: 2/9/24		$3,620,000	
Current Bonds Outstanding	$3,620,000	

	Series 2024 A-2, Special Assessment Revenue Bonds		
Original Issue Amount:		$9,765,000	
Interest Rate:		5.88%	
Maturity Date:		5/1/2035	
Reserve Fund Definition		Max Annual Debt Service	
Reserve Fund Requirement		$573,694	
Reserve Fund Balance		573,694	
Bonds Outstanding: 2/9/24		$9,765,000	
Current Bonds Outstanding	$9,765,000	

Darby Community Development District Developer Contributions/Due from Developer

Funding Request
#	Date Prepared	Date Payment
Received	Check Amount	Total Funding
Request FY24	Total Funding
Request FY25	Over and (short)
Balance Due	

1	
6/19/23	
9/6/23	
$	20,250.00	$	-	$	-	
2	8/22/23	11/22/23	$	4,471.00	$	-	$	-	
3	9/25/23	11/22/23	$	11,947.78	$	5,000.00	$	-	
4	10/5/23	11/22/23	$	6,866.65	$	6,142.02	$	-	
5	11/28/23	1/31/24	$	3,308.04	$	3,308.04	$	-	
6	1/25/24	3/6/24	$	7,546.36	$	6,535.36	$	-	
7	3/31/24	5/20/24	$	11,877.27	$	11,877.27	$	-	
8	5/7/24	8/28/24	$	8,278.93	$	8,278.93	$	-	
9	7/15/24	8/28/24	$	8,841.43	$	8,841.43	$	-	
10	8/31/24	10/11/24	$	5,544.18	$	5,544.18	$	-	
11	9/30/24	11/6/24	$	-	$	5,041.11	$	5,200.00	$	10,241.11	
			$	-	$	-	$	-	
Due from Developer	$	88,931.64	$	60,568.34	$	5,200.00	$	10,241.11	
					
Total Developer Contributions		$	60,568.34	$	5,200.00		

ELEVENTH ORDER OF BUSINESS

Darby
COMMUNITY DEVELOPMENT DISTRICT

Fiscal Year 2025
Check Register

Date	check #'s	Amount		

10/3/24	
44		
$5,200.00	
10/28/24	45-46		5,544.18	
	TOTAL		$10,744.18	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN 12/04/24	PAGE	1
*** CHECK DATES 10/01/2024 - 10/31/2024 ***	DARBY - GENERAL FUND
BANK A DARBY - GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
10/03/24 00002	8/19/24 24456	202410 310-51300-45000	*	5,200.00
FY25 POLICY RENEWAL
EGIS INSURANCE & RISK ADVISORS	5,200.00 000044
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/28/24 00001	8/01/24 15	202408 310-51300-34000	*	3,000.00
AUG MANAGEMENT FEES
8/01/24 15	202408 310-51300-35300	*	100.00
AUG WEBSITE ADMIN
8/01/24 15	202408 310-51300-35100	*	150.00
AUG INFO TECH
8/01/24 15	202408 310-51300-31300	*	625.00
AUG DISSEM AGENT SRVCS
8/01/24 15	202408 310-51300-51000	*	.06
OFFICE SUPLIES
8/01/24 15	202408 310-51300-42000	*	1.28
POSTAGE
8/01/24 15	202408 310-51300-42500	*	52.05
COPIES
8/01/24 15	202408 310-51300-41000	*	13.79
TELEPHONE
GOVERNMENTAL MANAGEMENT SRVCS LLC	3,942.18 000045
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/28/24 00005	8/12/24 3436950	202405 310-51300-31500	*	1,602.00
MAY GENERAL COUNSEL
KUTAK ROCK LLP	1,602.00 000046
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	10,744.18
TOTAL FOR REGISTER	10,744.18

DARB DARBY CDD	BPEREGRINO

The Darby Community Development District
1430	

Kristina Rudez		

:}<

The Darby Community Development District c/o Governmental Management Services 475 West Town Place1 Suite 114

$

5,200.00

lnvoice#24456

St. Augustine, FL 32092

Please detach and return With payment

Customer: The Darby Community Development District

24456	

10/01/2024	

Renew policy	Policy #1001241040 10/01/2024-10/01/2025
Florida Insurance Alliance

Package - Renew policy Due Date: 8/19/2024

	

5,200.00	
	
$	5,200.00	
	Th,rnl< Vo11	
FOR PAYMENTS SENT OVERNIGHT:
Bank of America Lockbox SeN/ces, Lockbox 748555, 6000 Feldwood Rd. College Park, GA 30349		

Remit Payment To: Egls Insurance Advisors
P.O. Box 748555
Atlanta, GA 30374-8555

(321)233-9939

scllmer@eglsadvlsors.com

08/19/2024

Governmental Management Services, LLC
1001 Bradford Way
Kingston, TN 37763

Bill To:
Darby ODD
475 WestTown Place
Suite 114
St. Augustine, FL 32092

Invoice

Invoice#: 15
Invoice Date: 8/1/24
Due Date: 8/1/24
Case:
P.O. Number:

Description	Hours/Qty	Rate	Amount

Management Fees • August 2024 Website Administration • August 2024 Information Technology· August 2024
Dissemination Agent Services • August 2024 Office Supplies
Postage Coples Telephone		3,000.00
100.00
150.00
625.00
0.06
1.28
52.05
13.79	3,000.00
100.00
150.00
625.00
0.06
1.28
52.05
13.79	

Total	$3,942.18	
Payments/Credits	$0.00	
Balance Due	$3,942.18	

KUTAK  ROCK  LLP TALLAHASSEE, FLORIDA
Telephone 404-222-4600
Facsimile 404-222-4654

Federal ID 47-0597598

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

August 12, 2024

Reference: Invoice No. 3436950 Client Matter No. 43923-1
Notification Email: eftgroup@kutakrock.com

Mr. Jim Oliver DarbyCDD
C/O Governmental Management Services, LLC Suite 114
475 West Town Place
St. Augustine, FL 32092	Invoice No. 3436950
43923-1

Re:	General Counsel
For Professional Legal Services Rendered

05/01/24	K. Jusevitch	0.20	34.00	Prepare budget resolution and confer	

05/02/24	
W. Haber	0.30	108.00	with Haber regarding same
Review and revise budget resolution	
05/03/24	J. Gillis	0.40	68.00	Coordinate response to auditor letter	
05/03/24	W.Haber	0.20	72.00	Review	and	respond	to	

05/03/24	
K. Jusevitch	0.20	34.00	correspondence from HOA counsel
Correspond  with district manager	

05/09/24	W.Haber	0.30	108.00	regarding budget resolution
Review	and	respond	to  inquiry	

05/10/24	W.Haber	0.30	108.00	regarding account status
Confer	with	Sweeting	regarding	

05/14/24	
W.Haber	1.10	396.00	agenda for May meeting
Prepare for and participate in Board	
				meeting; review O&M assessment	

05/17/24	
W.Haber	
0.80	
288.00	allocation options
Review	and	respond	to  inquiry	
				regarding use of amenity facility;
review and comment on Declaration	

05/20/24	
W.Haber	
0.30	
108.00	of Covenants
Review	revisions	to	declaration;	
				confer with O'Neal regarding same	

KUTAK ROCK LLP
Darby CDD August 12, 2024
Client Matter No. 43923-1 Invoice No. 3436950
Page 2

05/21/24	K. Jusevitch	0.20	34.00	Confer with Haber regarding budget	

05/24/24	
W. Haber	0.30	108.00	hearing
Review and revise budget notice and	

05/24/24	K. Jusevitch	0.20	34.00	resolutions
Confer with Haber regarding budget	

05/28/24	K. Jusevitch	0.40	68.00	hearing
Prepare budget hearing documents	
				and confer with Haber; correspond	

05/30/24	
K. Jusevitch	
0.20	
34.00	with district manager regarding same Correspond  with district  manager	
				regarding budget hearing notice	

TOTAL HOURS	5.40

TOTAL FOR SERVICES RENDERED	$1,602.00	
TOTALCURRENTAMOUNTDUE	$1,602.00	
UNPAID INVOICES:		
May 31, 2024	Invoice No. 3397640	514.00	
July 8, 2024	Invoice No. 3421532	460.00	
TOTAL DUE	$2,576.00