Yarborough Lane Community Development District
Meeting Agenda April 10, 2025

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Yarborough Lane
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 3, 2025

Board of Supervisors Meeting
Yarborough Lane Community Development District
Dear Board Members:

A meeting of the Board of Supervisors of the Yarborough Lane Community Development District will be held on Thursday, April 10, 2025, at 10:30 AM at the Offices of Highland Homes, 3020 S. Florida Ave., Suite 101, Lakeland, FL 33803.

Zoom Video Join Link: https://us06web.zoom.us/j/86297994826
Call-In Information: 1-646-876-9923
Meeting ID: 862 9799 4826

Following is the advance agenda for the meeting:

Board of Supervisors Meeting
Roll Call
Public Comment Period (Public Comments will be limited to three (3) minutes each)
Organizational Matters
Acceptance of Resignation of David S. Adams (Seat #3)
Appointment to Fill Vacant Board Seat #3
Administration of Oath to Newly Appointed Supervisor
Consideration of Resolution 2025-05 Appointing an Assistant Secretary
Approval of Minutes of the November 5, 2024 Landowners Meeting and November 14, 2024 Board of Supervisors Meeting
Consideration of Resolution 2025-06 Approving the Proposed Fiscal Year 2025/2026 Budget (Suggested Date: July 10, 2025) and Setting the Public Hearing on the Adoption of the Fiscal Year 2025/2026 Budget
Ratification of Conflict Waiver
Ratification of 2025 Data Sharing & Usage Agreement with Polk County Property Appraiser
Ratification of 2025 Contract Agreement with Polk County Property Appraiser
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

Section III

Section A

Jillian,

Effective immediately, I am resigning my position from all CDD Boards that I am currently on. If there is any documentation you need me to fill out, please let me know.

Thanks,
David S. Adams

Section D

RESOLUTION 2025-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE YARBOROUGH LANE COMMUNITY DEVELOPMENT DISTRICT ELECTING THE OFFICERS OF THE DISTRICT, AND PROVIDING FOR AN EFFECTIVE DATE
Whereas, the Yarborough Lane Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

WHEREAS, pursuant to Chapter 190, Florida Statutes, the Board of Supervisors (“Board”), shall organize by electing one of its members as Chair and by electing an Assistant Secretary, and such other officers as the Board may deem necessary.

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

SECTION 1.	DISTRICT OFFICERS. The following persons are elected to the offices
shown:

Assistant Secretary		

SECTION 2.	CONFLICTS. All Resolutions or parts of Resolutions in conflict herewith are hereby repealed to the extent of such conflict.

SECTION 3.	EFFECTIVE DATE. This Resolution shall become effective immediately upon its adoption.
Passed and adopted this 10th day of April 2025

ATTEST:	YARBOROUGH LANE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

MINUTES

MINUTES OF MEETING YARBOROUGH LANE
COMMUNITY DEVELOPMENT DISTRICT

The Landowners’ meeting and Election of the Board of Supervisors of the Yarborough Lane Community Development District was held on Tuesday, November 5, 2024, at 1:05 p.m. at the Holiday Inn – Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida.

Present were:

Jill Burns

FIRST ORDER OF BUSINESS	Determination of Number of Voting Units
Represented
Ms. Burns stated she is present and is the proxy holder for Clayton Properties Group, LLC, which owns 67.95 acres within the community authorizing to cast up to 68 votes for each of the seats up for election. The seat numbers are 3, 4, and 5.

SECOND ORDER OF BUSINESS	Call to Order
Ms. Burns called the meeting to order and called the roll.

THIRD ORDER OF BUSNESS	Election of Chairman for the Purpose of
Conducting the Landowners’ Meeting
Ms. Burns was elected Chairman for the purpose of conducting the Landowners’ meeting.

FOURTH ORDER OF BUSNESS	Nominations	for	the	Positions	of
Supervisor
Ms. Burns nominated David Adams for Seat #3, Garret Parkinson for Seat #4, and Kareyann Ellison for Seat #5.

FIFTH ORDER OF BUSNESS	Casting of Ballots
Ms. Burns stated 60 votes were cast for David Adams, 65 votes were cast for Garret Parkinson, and 65 votes were cast for Kareyann Ellison.

November 5, 2024	Yarborough Lane CDD

SIXTH ORDER OF BUSNESS	Ballot Tabulation
Ms. Burns stated Garret Parkinson and Kareyann Ellison will serve four-year terms and David Adams will serve a two-year term.

SEVENTH ORDER OF BUSNESS	Landowners’ Questions and Comments
There being no questions or comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment
Ms. Burns adjourned the meeting.

Secretary/Assistant Secretary	Chairman/Vice Chairman

2

MINUTES OF MEETING YARBOROUGH LANE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Yarborough Lane Community Development District was held on Thursday, November 14, 2024, at 10:11 a.m. at Highland Homes Offices, 3020 S. Florida Ave., Suite 101, Lakeland, Florida.

Present and constituting a quorum were:

Milton Andrade	Chairman
Brian Walsh	Vice Chairman
Garret Parkinson	Assistant Secretary
David Adams	Assistant Secretary
Kareyann Ellison	Assistant Secretary Also, present were:
Jill Burns	District Manager, GMS Katie McDaniel
Patrick Collins	District Counsel, Kilinski Van Wyk
Lauren Gentry by Zoom	District Counsel, Kilinski Van Wyk
Ray Malave by Zoom	District Engineer, Dewberry
Joey Duncan by Zoom	District Engineer, Dewberry

The following is a summary of the discussions and actions taken at the November 14, 2024 Yarborough Lane Community Development District’s Regular Board of Supervisor’s Meeting.

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order at 10:11 a.m. Five Supervisors were present at the meeting constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
There were no members of the public present and no members of the public joining via
Zoom.

THIRD ORDER OF BUSINESS	Organizational Matters
Administration of Oaths of Office to Newly Elected Board Members

July 11, 2024	Yarborough Lane CDD

Ms. Burns noted that the newly elected Board members were administered their oaths of office prior to the start of the meeting and the next item followed.

Consideration of Resolution 2025-01 Canvassing and Certifying the Results of the Landowners’ Election
Ms. Burns presented the results of the Landowners’ Election that was held on November 5, 2024. The results can also be found in the agenda package. She offered to answer any Board questions. Hearing no questions, there was a motion of approval.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, Resolution 2025-01 Canvassing and Certifying the Results of the Landowners’ Election, was approved.

Election of Officers
Ms. Burns noted that anytime there is a Landowners’ Election the Board needs to appoint new officers.

Consideration of Resolution 2025-02 Electing Officers
Ms. Burns stated previously Mr. Andrade was Chairman and Mr. Walsh served as Vice Chairman while the other three Board members serves as Assistant Secretaries along with George Flint from the GMS office and she served as Secretary. She then asked if the Board wanted to keep that same slate officers. They agreed and there was a motion of approval.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, Resolution 2025-02 Electing Officers as slated above, was approved.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the July 11, 2024
Board of Supervisors Meeting
Ms. Burns presented the minutes of the July 11, 2024 Board of Supervisors meeting. She asked for any questions, comments, or corrections to the minutes. Hearing none there was a motion of approval.

2

July 11, 2024	Yarborough Lane CDD

On MOTION by Mr. Walsh seconded by Mr. Andrade, with all in favor, the Minutes of the June 11, 2024 Board of Supervisors Meeting, were approved.

FITH ORDER OF BUSINESS	Consideration	of	Resolution	2025-03
Ratifying Series 2024 Project Bonds
Ms. Burns noted that the District closed on the Series 2023 Project Bonds on August 14, 2024 and this resolution ratifies, confirms, and approves all actions taken by District staff and officers in coordination with the closing of the bonds.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, Resolution 2025-03 Ratifying Series 2024 Project Bonds, was approved.

SIXTH ORDER OF BUSINESS	Ratification of Disclosure of Public Financing
Ms. Burns stated that this document was recorded to put property owners on notice of the bond issuance that was recently closed, and they will now be able to find that in public records. She offered to answer any Board questions before asking for a motion of approval.

On MOTION by Mr. Walsh, seconded by Mr. Parkinson, with all in favor, the Disclosure of Public Financing, was ratified.

SEVENTH ORDER OF BUSINESS	Consideration	of	Resolution	2025-04
Authorizing the Publication of Legal Advertisements and Public Notices on a Publicly Accessible Website in Polk County
Ms. Burns presented the resolution stating that this will the allow the District to utilize the Polk County notice website rather than advertising in the local newspaper. A notice will be placed in the paper to make members of the public aware that the District will no longer be using the newspaper and will be advertising on the website moving forward. This saves the District in operating costs. There were no questions from the Board and there was a motion of approval.

3

July 11, 2024	Yarborough Lane CDD

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, Resolution 2025-04 Authorizing the Publication of Legal Advertisements and Public Notices on a Publicly Accessible Website in Polk County, was approved.

EIGHTH ORDER OF BUSINESS	Ratification of Audit Services Engagement
Letter for Fiscal Year 2024 Audit Services with Grau & Associates
Ms. Burns noted that this was part of a multi-year contract with Grau & Associates and there is a not-to-exceed amount placed at $4,900. She also noted that this has already been executed by staff and they are just looking for a ratification of that execution.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Audit Services Engagement Letter for Fiscal Year 2024 Audit Services with Grau & Associates NTE $4,900, was ratified.

NINTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Collins had no report for the Board and offered to answer any questions.

Engineer
Ratification of Work Authorization 2205-01 for District Engineering Services
Mr. Malave noted the work authorization submitted for the new year and asked for a ratification of that from the Board. There were no other questions for the District Engineer and the next item followed.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, Work Authorization 2025-01 for District Engineering Services, was ratified.

District Manager’s Report
Approval of Check Register
Ms. Burns presented the check register to the Board from August 29, 2024 through November 8, 2024 totaling $18,332.25. She offered to answer any questions. There being no questions, there was a motion of approval.

4

July 11, 2024	Yarborough Lane CDD

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Check Register, was approved.

Balance Sheet & Income Statement
Ms. Burns noted the financial statements through September 30th were included in the agenda package for review. These are for informational purposes. There is no action necessary from the Board.

Reminder: 4 Hours of Ethics Training Must be Completed by 12/31/24
Ms. Burns reminded the Board to complete their ethics training by the end of the year.

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

ELEVENTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being no comments, the next item followed.

TWELFTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

5

Section V

RESOLUTION 2025-06

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE YARBOROUGH LANE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2026 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Yarborough Lane Community Development District (“District”) prior to June 15, 2025, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“Fiscal Year 2026”); and
WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE YARBOROUGH LANE COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2026 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:	Thursday, July 10, 2025
HOUR:	10:30 AM
LOCATION:	Offices of Highland Homes
3020 S Florida Avenue, Suite 101
Lakeland, Florida 33803
TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL
PURPOSE GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Polk County at least 60 days prior to the hearing set above.

POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least 45 days.

PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law.

SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Resolution shall not affect the validity or enforceability of the remaining portions of this Resolution, or any part thereof.

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 10TH DAY OF APRIL 2025.

ATTEST:	YARBOROUGH LANE COMMUNITY DEVELOPMENT DISTRICT

By: 	

Secretary	Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2026

Yarborough Lane
Community Development District

Proposed Budget
FY2026

Table of Contents

1

2-4

5

General Fund

General Fund Narrative

Series 2024 Debt Service Fund

6-7	Series 2024 Amortization Schedule

Yarborough Lane
Community Development District Proposed Budget
General Fund

Adopted
Budget	Actuals
Thru	Projected
Next	Total
Thru	Proposed
Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	
Revenues						
Developer Contributions	$	184,929	$	40,000	$	69,741	$	109,741	$	549,793	
Total Revenues	$	184,929	$	40,000	$	69,741	$	109,741	$	549,793	
Expenditures						
General & Administrative						
Supervisor Fees	$	12,000	$	1,000	$	7,000	$	8,000	$	12,000	
FICA Expenditures	$	-	$	-	$	536	$	536	$	918	
Engineering	$	15,000	$	2,845	$	8,750	$	11,595	$	15,000	
Attorney	$	25,000	$	2,517	$	14,583	$	17,101	$	25,000	
Annual Audit	$	4,000	$	-	$	4,900	$	4,900	$	6,100	
Assessment Administration	$	5,000	$	-	$	-	$	-	$	5,000	
Arbitrage	$	450	$	-	$	-	$	-	$	900	
Dissemination	$	5,000	$	2,083	$	2,924	$	5,007	$	6,150	
Disclosure Software	$	-	$	-	$	-	$	-	$	5,000	
Trustee Fees	$	4,041	$	-	$	4,041	$	4,041	$	9,000	
Management Fees	$	39,375	$	16,406	$	22,969	$	39,375	$	40,556	
Information Technology	$	1,890	$	788	$	1,103	$	1,890	$	1,947	
Website Maintenance	$	1,260	$	525	$	735	$	1,260	$	1,298	
Postage & Delivery	$	1,000	$	17	$	583	$	601	$	1,000	
Insurance	$	6,613	$	5,408	$	-	$	5,408	$	5,624	
Copies	$	1,000	$	-	$	583	$	583	$	1,000	
Legal Advertising	$	10,000	$	1,356	$	5,833	$	7,189	$	10,000	
Other Current Charges	$	2,500	$	255	$	1,458	$	1,714	$	2,500	
Office Supplies	$	625	$	3	$	365	$	367	$	625	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative:	$	134,929	$	33,379	$	76,363	$	109,741	$	149,793	

Operations & Maintenance
Field Contingency	

$	50,000	

$	-	

$	-	

$	-	$	250,000	
Total Operations & Maintenance:	$	50,000	$	-	$	-	$	-	$	250,000	

Amenities					
Amenity Contingency	$	-	$	-	$	-	$	-	$	150,000	
Total Amenities:	$	-	$	-	$	-	$	-	$	150,000	

Total Expenditures

$

184,929	$

33,379	$

76,363	$

109,741	$

549,793

Excess Revenues/(Expenditures)

$

-

$

6,621	$

(6,621)  $

-

$

-

1

Yarborough Lane
Community Development District
General Fund Narrative

Revenues:

Developer Contributions
The District will enter into a funding agreement with the Developer to fund the General Fund expenditures for the Fiscal Year.

Expenditures:

General & Administrative:

Supervisor Fees

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

FICA Expenditures

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

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

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

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

Assessment Administration
The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on an anticipated bond issuance.

2

Yarborough Lane
Community Development District
General Fund Narrative

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon an anticipated bond issuance.

Disclosure Software

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

The District will incur trustee related costs with the issuance of its’ issued bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.
Information Technology
Represents various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc. Governmental Management Services – Central Florida, LLC provides these systems.

Website Maintenance
Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc. Governmental Management Services – Central Florida, LLC provides these services.

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

Insurance

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

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

3

Yarborough Lane
Community Development District
General Fund Narrative

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.
Other Current Charges

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

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

Dues, Licenses & Subscriptions

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

Operations & Maintenance:

Field Contingency
Represents funds allocated to expenses that the District could incur throughout the fiscal year for field related expenditures.

Amenities:

Amenities Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year for amenity related expenditures.

4

Yarborough Lane
Community Development District Proposed Budget
Debt Service Fund Series 2024

	Adopted
Budget	Actuals
Thru	Projected
Next	Total
Thru	Proposed
Budget	
Description	FY2025	2/28/25	7 Months	9/30/25	FY2026	

Revenues						
Assessments	$	-	$	-	$	339,519	$	339,519	$	853,758	
Interest	$	-	$	24,354	$	12,177	$	36,531	$	18,266	
Carry Forward Surplus	$	-	$	471,654	$	-	$	471,654	$	360,744	
Total Revenues	$	-	$	496,008	$	351,696	$	847,704	$	1,232,768	

Expenditures						
Interest - 11/1	$	-	$	145,239	$	-	$	145,239	$	339,519	
Principal - 5/1	$	-	$	-	$	-	$	-	$	175,000	
Interest - 5/1	$	-	$	-	$	339,519	$	339,519	$	339,519	
Total Expenditures	$	-	$	145,239	$	339,519	$	484,757	$	854,038	
					
Excess Revenues/(Expenditures)	$	-	$	350,770	$	12,177	$	362,947	$	378,730	

Other Financing Sources/(Uses):					
Transfer In/(Out)	$	-	$	(2,203)	$	-	$	(2,203)	$	-	
Total Other Financing Sources/(Uses)	$	-	$	(2,203)	$	-	$	(2,203)	$	-	
					
Net Change in Fund Balance	$	-	$	348,567	$	12,177	$	360,744	$	378,730	
			
Interest - 11/1/26	
$	335,363	

Product	Assessable Units	Maximum Annual	Net Assessment	Gross Assessment	
Single Family 40'	48	$	136,715	$	2,848	$	3,063	
Single Family 50'	133	$	473,519	$	3,560	$	3,828	
Single Family 60'	57	$	243,524	$	4,272	$	4,594	
	238	$	853,758			

5

Yarborough Lane Community Development District Series 2024 Special Assessment Bonds
Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/25	$	12,500,000.00	$	-	$	339,518.75	$	679,037.50	
05/01/26	$	12,500,000.00	$	175,000.00	$	339,518.75		
11/01/26	$	12,325,000.00	$	-	$	335,362.50	$	849,881.25	
05/01/27	$	12,325,000.00	$	185,000.00	$	335,362.50		
11/01/27	$	12,140,000.00	$	-	$	330,968.75	$	851,331.25	
05/01/28	$	12,140,000.00	$	195,000.00	$	330,968.75		
11/01/28	$	11,945,000.00	$	-	$	326,337.50	$	852,306.25	
05/01/29	$	11,945,000.00	$	205,000.00	$	326,337.50		
11/01/29	$	11,740,000.00	$	-	$	321,468.75	$	852,806.25	
05/01/30	$	11,740,000.00	$	215,000.00	$	321,468.75		
11/01/30	$	11,525,000.00	$	-	$	316,362.50	$	852,831.25	
05/01/31	$	11,525,000.00	$	225,000.00	$	316,362.50		
11/01/31	$	11,300,000.00	$	-	$	311,018.75	$	852,381.25	
05/01/32	$	11,300,000.00	$	235,000.00	$	311,018.75		
11/01/32	$	11,065,000.00	$	-	$	304,732.50	$	850,751.25	
05/01/33	$	11,065,000.00	$	250,000.00	$	304,732.50		
11/01/33	$	10,815,000.00	$	-	$	298,045.00	$	852,777.50	
05/01/34	$	10,815,000.00	$	260,000.00	$	298,045.00		
11/01/34	$	10,555,000.00	$	-	$	291,090.00	$	849,135.00	
05/01/35	$	10,555,000.00	$	275,000.00	$	291,090.00		
11/01/35	$	10,280,000.00	$	-	$	283,733.75	$	849,823.75	
05/01/36	$	10,280,000.00	$	290,000.00	$	283,733.75		
11/01/36	$	9,990,000.00	$	-	$	275,976.25	$	849,710.00	
05/01/37	$	9,990,000.00	$	310,000.00	$	275,976.25		
11/01/37	$	9,680,000.00	$	-	$	267,683.75	$	853,660.00	
05/01/38	$	9,680,000.00	$	325,000.00	$	267,683.75		
11/01/38	$	9,355,000.00	$	-	$	258,990.00	$	851,673.75	
05/01/39	$	9,355,000.00	$	345,000.00	$	258,990.00		
11/01/39	$	9,010,000.00	$	-	$	249,761.25	$	853,751.25	
05/01/40	$	9,010,000.00	$	360,000.00	$	249,761.25		
11/01/40	$	8,650,000.00	$	-	$	240,131.25	$	849,892.50	
05/01/41	$	8,650,000.00	$	380,000.00	$	240,131.25		
11/01/41	$	7,870,000.00	$	-	$	229,966.25	$	850,097.50	
05/01/42	$	6,995,000.00	$	400,000.00	$	229,966.25		
11/01/42	$	6,995,000.00	$	-	$	219,266.25	$	849,232.50	
05/01/43	$	6,995,000.00	$	425,000.00	$	219,266.25		
11/01/43	$	6,995,000.00	$	-	$	207,897.50	$	852,163.75	
05/01/44	$	6,995,000.00	$	450,000.00	$	207,897.50		
11/01/44	$	6,995,000.00	$	-	$	195,860.00	$	853,757.50	
05/01/45	$	6,995,000.00	$	475,000.00	$	195,860.00		
11/01/45	$	6,520,000.00	$	-	$	182,560.00	$	853,420.00	
05/01/46	$	6,520,000.00	$	500,000.00	$	182,560.00		
11/01/46	$	6,020,000.00	$	-	$	168,560.00	$	851,120.00	

6

Yarborough Lane Community Development District Series 2024 Special Assessment Bonds
Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

05/01/47	$	6,020,000.00	$	530,000.00	$	168,560.00		
11/01/47	$	5,490,000.00	$	-	$	153,720.00	$	852,280.00	
05/01/48	$	5,490,000.00	$	560,000.00	$	153,720.00		
11/01/48	$	4,930,000.00	$	-	$	138,040.00	$	851,760.00	
05/01/49	$	4,930,000.00	$	590,000.00	$	138,040.00		
11/01/49	$	4,340,000.00	$	-	$	121,520.00	$	849,560.00	
05/01/50	$	4,340,000.00	$	625,000.00	$	121,520.00		
11/01/50	$	3,715,000.00	$	-	$	104,020.00	$	850,540.00	
05/01/51	$	3,715,000.00	$	660,000.00	$	104,020.00		
11/01/51	$	3,055,000.00	$	-	$	85,540.00	$	849,560.00	
05/01/52	$	3,055,000.00	$	700,000.00	$	85,540.00		
11/01/52	$	2,355,000.00	$	-	$	65,940.00	$	851,480.00	
05/01/53	$	2,355,000.00	$	740,000.00	$	65,940.00	$	-	
11/01/53	$	1,615,000.00	$	-	$	45,220.00	$	851,160.00	
05/01/54	$	1,615,000.00	$	785,000.00	$	45,220.00	$	-	
11/01/54	$	830,000.00	$	-	$	23,240.00	$	853,460.00	
05/01/55	$	830,000.00	$	830,000.00	$	23,240.00	$	853,240.00	
			$	12,500,000.00	$	13,869,819.83	$	26,369,819.83	

7

Section VI

CLIENT DISCLOSURE AND CONSENT

Kilinski Van Wyk, PLLC ("KVW") presently serves as district counsel for both the Wind Meadows South Community Development District ("Wind Meadows South") and the Yarborough Lane Community Development District ("Yarborough Lane," and together with Wind Meadows South, the "Parties"). KVW has been asked by Wind Meadows South to represent its interests in relation to drafting documents related to the construction of certain roadway improvements, stormwater improvements, and related public improvements by Yarborough Lane on property owned by Wind Meadows South. As a result of KVW's existing representation of Yarborough Lane, if KVW agrees to represent Wind Meadows South with respect to this matter, KVW may be confronted with an actual and/or potential conflict of interest under Florida Rule of Professional Conduct 4-1.7 of the Rules Regulating the Florida Bar.
KVW believes that it can provide competent and diligent representation of the Parties with respect to this matter. KVW also believes, based on conversations with Wind Meadows South and Yarborough Lane, that the Parties' interests are sufficiently aligned so as to allow for joint representation of the Parties. After discussion with KVW and the opportunity for discussion with independent counsel not affiliated with KVW regarding the actual and/or potential conflicts of interest described above, Wind Meadows South and Yarborough Lane have determined that there is no conflict of interest that would adversely affect the responsibilities of KVW to each party, respectively, due to the anticipated representation of both Parties. Wind Meadows South also acknowledges that its interests are not materially adverse to the interests of Yarborough Lane, and likewise Yarborough Lane acknowledges that its interests are not materially adverse to the interests of Wind Meadows South.  Accordingly, the undersigned

Page 1 of 2

Parties hereby waive any actual or potential conflict of interest which may be presented by KVW's representation of both Wind Meadows South and Yarborough Lane with respect to this matter.
Moreover, Wind Meadows South and Yarborough Lane acknowledge and agree that, while this mutual representation involves the achievement of a mutual goal of the Parties, in the event of a dispute between Wind Meadows South and Yarborough Lane related to the construction of roadway improvements, stormwater improvements, and related public improvements, KVW's representation of the Parties related to the same will terminate and the Parties will be responsible for acquiring new legal representation with respect to any such dispute. Upon such termination, KVW shall take such actions as are reasonable and necessary to protect the interests of the Parties until replacement counsel is procured, which procurement shall occur within a reasonable time.
As evidence of this disclosure and the consent to KVW's representation of Wind Meadows South and Yarborough Lane as discussed herein, the signature of a person authorized to give this consent appears below.

WIND MEADOWS SOUTH COMMUNITY DEVELOPMENT DISTRICT

Chairman, Board of Supervisors

Date: -------------

YARBOROUGH LANE COMMUNITY DEVELOPMENT DISTRICT

Chairman, Board of Supervisors Date: \'2- / /l_L._(	_

Page 2 of2

Section VII

Docusign Envelope ID: DAE0559E-A780-4C3A-824B-5727A0AC6BCF

POLK COUNTY PROPERTY APPRAISER
2025 Data Sharing and Usage Agreement

Revised 01/2025
ADA Compliant

This Data Sharing and Usage Agreement, hereinafter referred to as “Agreement,” establishes the terms and conditions

under which the Yarborough Lane Community Development District

hereinafter

referred to as “agency,” can acquire and use Polk County Property Appraiser data that is exempt from Public Records disclosure as defined in FS 119.071.

In accordance with the terms and conditions of this Agreement, the agency agrees to protect confidential data in accordance with FS 282.3185 and FS 501.171 and adhere to the standards set forth within these statutes.
For the purposes of this Agreement, all data is provided. It is the responsibility of the agency to apply all statutory guidelines relative to confidentiality and personal identifying information.
The confidentiality of personal identifying information including: names, mailing address and OR Book and Pages pertaining to parcels owned by individuals that have received exempt / confidential status, hereinafter referred to as “confidential data,” will be protected as follows:
The agency will not release confidential data that may reveal identifying information of individuals exempted from Public Records disclosure.
The agency will not present the confidential data in the results of data analysis (including maps) in any manner that would reveal personal identifying information of individuals exempted from Public Records disclosure.
The agency shall comply with all state laws and regulations governing the confidentiality and exempt status of personal identifying and location information that is the subject of this Agreement.
The agency shall ensure any employee granted access to confidential data is subject to the terms and conditions of this Agreement.
The agency shall ensure any third party granted access to confidential data is subject to the terms and conditions of this Agreement. Acceptance of these terms must be provided in writing to the agency by the third party before personal identifying information is released.
The agency agrees to comply with all regulations for the security of confidential personal information as defined in FS 501.171.
The agency, when defined as “local government” by FS 282.3185, is required to adhere to all cybersecurity guidelines when in possession of data provided or obtained from the Polk County Property Appraiser.

The term of this Agreement shall commence on January 1, 2025, and shall run until December 31, 2025, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew. A new agreement will be provided annually to ensure all responsible parties are aware of and maintain the terms and conditions of this Data Sharing and Usage Agreement.
In witness of their agreement to the terms above, the parties or their authorized agents hereby affix their signatures.

POLK COUNTY PROPERTY APPRAISER

Agency:

Yarborough Lane Community Development Dis

Signature: 	

Signature: 	

Print: Title: Date:

Neil Combee	 Polk County Property Appraiser	 January 7, 2025	

Print: Title: Date:

	Jill Burns	
District Manager

 3/10/2025	

Please email the signed agreement to pataxroll@polk-county.net.

Section VIII

Docusign Envelope ID: DAE0559E-A780-4C3A-824B-5727A0AC6BCF
CONTRACT AGREEMENT
This Agreement made and entered into on Monday, January 13, 2025 by and between the Yarborough Lane Community Development District, a local unit of special purpose government of the State of Florida hereinafter referred to as the 'Special District', and Neil Combee, Polk County Property Appraiser, a Constitutional Officer of the State of Florida, whose address is 255 North Wilson Ave., Bartow, FL 33830, hereinafter referred to as the 'Property Appraiser'.
Section 197.3632 Florida Statutes, provides that special assessments of non-ad valorem taxes levied by the Special District may be included in the assessment rolls of the County and collected in conjunction with ad valorem taxes as assessed by the Property Appraiser. Pursuant to that option, the Property Appraiser and the Special District shall enter into an agreement providing for reimbursement to the Property Appraiser of administrative costs, including costs of inception and maintenance, incurred as a result of such inclusion.
The parties herein agree that, for the 2025 tax year assessment roll, the Property Appraiser will include on the assessment rolls such special assessments as are certified to her by the Yarborough Lane Community Development District.
The term of this Agreement shall commence on January 1, 2025 or the date signed below, whichever is later, and shall run until December 31, 2025, the date of signature by the parties notwithstanding. This Agreement shall not automatically renew.
The Special District shall meet all relevant requirements of Section 197.3632 & 190.021 Florida Statutes.
The Special District shall furnish the Property Appraiser with up-to-date data concerning its boundaries and proposed assessments, and other information as requested by the Property Appraiser to facilitate in administering the non-ad valorem assessment in question. Specifically, if assessments will be included on the 2025 TRIM Notice, the Special District shall provide proposed assessments no later than Friday, July 11, 2025. The Special District’s assessments shall, as far as practicable, be uniform (e.g. one uniform assessment for maintenance, etc.) to facilitate the making of the assessments by the mass data techniques utilized by the Property Appraiser.
The Special District shall certify to the Property Appraiser the Special District’s annual installment and levy no later than Monday, September 15, 2025. The Property Appraiser shall, using the information provided by the Special District, place the Special District’s non ad-valorem special assessments on properties within the district for inclusion on the 2025 tax roll.
The Property Appraiser shall be compensated by the Special District for the administrative costs incurred in carrying out this Agreement at the rate of 1% of the amount levied on the TRIM Notice or if the TRIM Notice is not used, the rate shall be 1% of the amount levied on the 2025 tax roll. For the TRIM Notice, the Property Appraiser will require payment on or before Monday, September 15, 2025 for processing within the Property Appraiser budget year (October 1st – September 30th).
If the actual costs of performing the services under this agreement exceed the compensation provided for in Paragraph 7, the amount of compensation shall be the actual costs of performing the services under this agreement.
If tax roll corrections are requested by the Special District, the Property Appraiser shall be compensated by the Special District for the administrative costs incurred at the rate of $5.00 for each tax roll correction exceeding ten (10) corrections per tax
year.

EXECUTED By:

The Special District shall indemnify and hold harmless, to the extent permitted by Florida law and without waiving its right of any applicable sovereign immunity, the Property Appraiser and all respective officers, employees, agents and instrumentalities from any and all liability, losses or damages, including attorneys' fees and costs of defense, which the Property Appraiser and all respective officers, employees, agents or instrumentalities may incur as a result of claims, demands, suits, causes of actions or proceedings of any kind or nature arising out of, relating to or resulting from the negligent or intentional acts or omissions of the Special District or its employees, agents, servants, partners, principals, or subcontractors arising out of, relating to, or resulting from the performance of the Agreement. The Special District shall pay all claims and losses in connection therewith and shall investigate and defend all claims, suits or actions of any kind or nature in the name of the Property Appraiser where applicable, including appellate proceedings, and shall pay all costs, judgments, and attorneys' fees which may issue thereon.

Special District Representative
 Jill Burns	
Print name
District Manager	3/10/2025

Title	Date

Neil Combee
Polk County Property Appraiser By:

Neil Combee, Property Appraiser

Section IX

Section C

Section 1

Yarborough Lane Community Development District

Summary of Check Register

November 9, 2024 to March 28, 2025

Fund	Date	Check No.'s	Amount

General Fund		
	11/11/24	115-119	$	36,097.86	
	11/19/24	119-121	$	4,147.64	
	12/4/24	122-126	$	1,000.00	
	1/7/25	127-128	$	2,505.87	
	1/17/25	129	$	354.46	
	1/21/25	130-131	$	8,425.74	
	2/3/25	132	$	1,980.00	
	2/17/25	133	$	3,964.04	
	2/25/25	134	$	130.00	
	3/17/25	135	$	4,005.34	
	3/26/25	136	$	69.50	

Total Amount	$	62,680.45

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/01/25	PAGE	1
*** CHECK DATES 11/09/2024 - 03/28/2025 ***	YARBOROUGH LANE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
11/11/24 00019 11/08/24 11082024 202411 300-20700-10100	*	8,174.94
RET FDS TO DEV DEP PYMT
CLAYTON PROPERTIES GROUP, INC.	8,174.94 000115
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/11/24 00018 10/03/24 42535	202411 300-20700-10000	*	2,050.00
031 FR#3
DALY DESIGN GROUP, INC.	2,050.00 000116
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/11/24 00017	9/13/24 220036	202411 300-20700-10000	*	1,985.25
031 FR#3
HORNER ENVIRONMENTAL PROFESSIONALS	1,985.25 000117
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/11/24 00016	8/31/24 04651100 202411 300-20700-10000	*	14,918.58
031 FR#3
9/30/24 04651100 202411 300-20700-10000	*	7,967.91
031 FR#4
KIMLEY HORN & ASSOCIATES, INC.	22,886.49 000118
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/14/24 00015 10/31/24 00067461 202410 310-51300-48000	*	1,001.18
NOTICE OF LANDOWNER ELECT
GANNETT FLORIDA LOCALIQ	1,001.18 000119
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/19/24 00001 11/01/24 33	202411 310-51300-34000	*	3,281.25
MANAGEMENT FEES - NOV 24
11/01/24 33	202411 310-51300-35200	*	105.00
WEBSITE ADMIN - NOV 24
11/01/24 33	202411 310-51300-35100	*	157.50
INFORMATION TECH - NOV 24
11/01/24 33	202411 310-51300-31300	*	416.67

310-51300-51000	*	.03	
310-51300-42000	*	.69	

DISSEMINATION - NOV 24
11/01/24 33	202411
OFFICE SUPPLIES
11/01/24 33	202411
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES-CF	3,961.14 000120

11/19/24	00011	11/17/24	
- - - - - - - -
12/04/24 00006	- - - -
11/14/24	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10856	202410 310-51300-31500	*	186.50
GENERAL COUNSEL - OCT 24
KILINSKI VAN WYK PLLC	186.50 000121
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - BW111420 202411 310-51300-11000	*	200.00
SUPERVISOR FEE 11/14/24
BRIAN WALSH	200.00 000122
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/04/24 00020 11/14/24 DA111420 202411 310-51300-11000	*	200.00
SUPERVISOR FEE 11/14/24
DAVID S ADAMS	200.00 000123
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
YARB YARBOROUGH LNE BOH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/01/25	PAGE	2
*** CHECK DATES 11/09/2024 - 03/28/2025 ***	YARBOROUGH LANE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
12/04/24 00009 11/14/24 GP111420 202411 310-51300-11000	*	200.00
SUPERVISOR FEE 11/14/24
GARRET PARKINSON	200.00 000124
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/04/24 00014 11/14/24 KE111420 202411 310-51300-11000	*	200.00
SUPERVISOR FEE 11/14/24
KAREYANN RHODES ELLISON	200.00 000125
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/04/24 00008 11/14/24 MA111420 202411 310-51300-11000	*	200.00
SUPERVISOR FEE 11/14/24
MILTON ANDRADE	200.00 000126
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/07/25 00012 12/26/24 22430565 202411 310-51300-31100	*	865.00
ENGINEER SERVICE - NOV 24
DEWBERRY ENGINEERS INC.	865.00 000127
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/07/25 00011 12/15/24 11063	202411 310-51300-31500	*	1,640.87
GENERAL COUNSEL - NOV 24
KILINSKI VAN WYK PLLC	1,640.87 000128
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/17/25 00015 12/31/24 00068841 202412 310-51300-48000	*	354.46
NOT OF FY25 MEETINGS
GANNETT FLORIDA LOCALIQ	354.46 000129

1/21/25 00001	12/01/24	
	12/01/24	
	12/01/24	
	12/01/24	
	12/01/24	
	12/01/24	
	1/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
34	202412 310-51300-34000	*	3,281.25
MANAGEMENT FEES - DEC 24
34	202412 310-51300-35200	*	105.00
WEBSITE ADMIN - DEC 24
34	202412 310-51300-35100	*	157.50
INFORMATION TECH - DEC 24
34	202412 310-51300-31300	*	416.67

310-51300-51000	*	2.50	
310-51300-42000	*	11.90	

DISSEMINATION - DEC 24
34	202412
OFFICE SUPPLIES
34	202412
POSTAGE
35	202501 310-51300-34000	*	3,281.25
MANAGEMENT FEES - JAN 25
1/01/25 35	202501 310-51300-35200	*	105.00
WEBSITE ADMIN - JAN 25
1/01/25 35	202501 310-51300-35100	*	157.50
INFORMATION TECH - JAN 25
1/01/25 35	202501 310-51300-31300	*	416.67
DISSEMINATION - JAN 25
GOVERNMENTAL MANAGEMENT SERVICES-CF	7,935.24 000130
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
YARB YARBOROUGH LNE BOH

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/01/25	PAGE	3
*** CHECK DATES 11/09/2024 - 03/28/2025 ***	YARBOROUGH LANE GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/21/25 00011	1/15/25 11293	202412 310-51300-31500	*	490.50
GENERAL COUNSEL - DEC 24
KILINSKI VAN WYK PLLC	490.50 000131
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/03/25 00012	1/24/25 22434754 202412 310-51300-31100	*	1,980.00
ENGINEER SERVICE - DEC 24
DEWBERRY ENGINEERS INC.	1,980.00 000132

2/17/25 00001	2/01/25	
	2/01/25	
	2/01/25	
	2/01/25	
	2/01/25	
	2/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
36	202502 310-51300-34000	*	3,281.25
MANAGEMENT FEES - FEB 25
36	202502 310-51300-35200	*	105.00
WEBSITE ADMIN - FEB 25
36	202502 310-51300-35100	*	157.50
INFORMATION TECH - FEB 25
36	202502 310-51300-31300	*	416.67
DISSEMINATION - FEB 25
36	202502 310-51300-51000	*	.15
OFFICE SUPPLIES
36	202502 310-51300-42000	*	3.47
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES-CF	3,964.04 000133
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/25/25 00011	2/20/25 11582	202501 310-51300-31500	*	130.00
GENERAL COUNSEL - JAN 25
KILINSKI VAN WYK PLLC	130.00 000134

3/17/25 00001	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
37	202503 310-51300-34000	*	3,281.25
MANAGEMENT FEES - MAR 25
37	202503 310-51300-35200	*	105.00
WEBSITE ADMIN - MAR 25
37	202503 310-51300-35100	*	157.50
INFORMATION TECH - MAR 25
37	202503 310-51300-31300	*	416.67
DISSEMINATION - MAR 25
37	202503 310-51300-42000	*	44.92
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICES-CF	4,005.34 000135
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/26/25 00011	3/17/25 11796	202502 310-51300-31500	*	69.50
GENERAL COUNSEL - FEB 25
KILINSKI VAN WYK PLLC	69.50 000136
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	62,680.45
TOTAL FOR REGISTER	62,680.45 YARB YARBOROUGH LNE BOH

Section 2

Yarborough Lane
Community Development District

Unaudited Financial Reporting
February 28, 2025

Table of Contents

	Balance Sheet

	General Fund

	Debt Service Fund - Series 2024

	Capital Projects Fund - Series 2024

	Month to Month

	Long Term Debt Report

Yarborough Lane
Community Development District Combined Balance Sheet February 28, 2025

General Fund

Debt Service Fund

Capital Projects Fund

Totals Governmental Funds

Assets:
Cash:
Operating Account	

$	19,855	

$	

-	

$	

-	

$	19,855	
Investments:
Series 2024							
Construction	$	-	$	-	$	8,431,577	$	8,431,577	
Cost of Issuance	$	-	$	-	$	13	$	13	
Interest	$	-	$	348,567	$	-	$	348,567	
Reserve	$	-	$	870,314	$	-	$	870,314	
Total Assets	$	19,855	$	1,218,881	$	8,431,589	$	9,670,326	
Liabilities:
Accounts Payable	

$	

70	

$	-	$	-	$	70	
Total Liabilites	$	70	$	-	$	-	$	70	
Fund Balance:
Assigned for: Capital Projects	

$	

-	

$	-	$	8,431,589	$	8,431,589	
Debt Service	$	-	$	1,218,881	$	-	$	1,218,881	
Unassigned	$	19,785	$	-	$	-	$	19,785	
Total Fund Balances	$	19,785	$	1,218,881	$	8,431,589	$	9,670,256	
					
Total Liabilities & Fund Balance	$	19,855	$	1,218,881	$	8,431,589	$	9,670,326	

1

Yarborough Lane
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues:					
Developer Contributions	$	184,929	$	40,000	$	40,000	$	-	
Total Revenues	$	184,929	$	40,000	$	40,000	$	-	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	5,000	$	1,000	$	4,000	
Engineering	$	15,000	$	6,250	$	2,845	$	3,405	
Attorney	$	25,000	$	10,417	$	2,517	$	7,899	
Annual Audit	$	4,000	$	-	$	-	$	-	
Assessment Administration	$	5,000	$	5,000	$	-	$	5,000	
Arbitrage	$	450	$	-	$	-	$	-	
Dissemination	$	5,000	$	5,000	$	2,083	$	2,917	
Trustee Fees	$	4,041	$	-	$	-	$	-	
Management Fees	$	39,375	$	16,406	$	16,406	$	-	
Information Technology	$	1,890	$	788	$	788	$	-	
Website Maintenance	$	1,260	$	525	$	525	$	-	
Postage & Delivery	$	1,000	$	417	$	17	$	399	
Insurance	$	6,613	$	6,613	$	5,408	$	1,205	
Printing & Binding	$	1,000	$	417	$	-	$	417	
Legal Advertising	$	10,000	$	4,167	$	1,356	$	2,811	
Other Current Charges	$	2,500	$	1,042	$	255	$	786	
Office Supplies	$	625	$	260	$	3	$	258	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative	$	134,929	$	62,476	$	33,379	$	29,097	

Operations & Maintenance					
Field Contingency	$	50,000	$	20,833	$	-	$	20,833	
Total Operations & Maintenance	$	50,000	$	20,833	$	-	$	20,833	
					
Total Expenditures	$	184,929	$	83,309	$	33,379	$	49,930	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	6,621		
					
Fund Balance - Beginning	$	-		$	13,164		
					
Fund Balance - Ending	$	-		$	19,785		

2

Yarborough Lane
Community Development District Debt Service Fund - Series 2024
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

	Adopted	Prorated Budget	Actual		
		Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues:					
Interest	$		-	$	-	$	24,354	$	24,354	
Total Revenues	$		-	$	-	$	24,354	$	24,354	

Expenditures:					
Interest - 11/1 Principal - 5/1 Interest - 5/1	$
$
$		-	$	-	$	145,239
-	$	-	$	-
-	$	-	$	-	$	(145,239)
$	-
$	-	
Total Expenditures	$		-	$	-	$	145,239	$	(145,239)	
					
Excess (Deficiency) of Revenues over Expenditures	$		-	$	(120,884)		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$		-	$	-	$	(2,203)	$	(2,203)	
Total Other Financing Sources/(Uses)	$		-	$	-	$	(2,203)	$	(2,203)	
					
Net Change in Fund Balance	$		-	$	(123,087)		
					
Fund Balance - Beginning	$		-	$	1,341,968		
					
Fund Balance - Ending	$		-	$	1,218,881		

3

Yarborough Lane
Community Development District Capital Projects Fund - Series 2024
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending February 28, 2025

		Adopted	Prorated Budget	Actual		
		Budget	Thru 02/28/25	Thru 02/28/25	Variance	

Revenues:					
Interest	$		-	$	-	$	197,263	$	197,263	
Total Revenues	$		-	$	-	$	197,263	$	197,263	

Expenditures:					
Capital Outlay	$		-	$	-	$	2,448,701	$	(2,448,701)	
Developer Advance Repayment	$		-	$	-	$	35,097	$	(35,097)	
Total Expenditures	$		-	$	-	$	2,483,798	$	(2,483,798)	
					
Excess (Deficiency) of Revenues over Expenditures	$		-	$	(2,286,535)		

Other Financing Sources/(Uses):					
Transfer In/(Out)	$		-	$	-	$	2,203	$	2,203	
Total Other Financing Sources/(Uses)	$		-	$	-	$	2,203	$	2,203	
					
Net Change in Fund Balance	$		-	$	(2,284,333)		
					
Fund Balance - Beginning	$		-	$	10,715,922		
					
Fund Balance - Ending	$		-	$	8,431,589		

4

Yarborough Lane
Community Development District Month to Month

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

Revenues:

Developer Contributions

$	20,000  $

-  $	-  $

20,000  $	-  $	-  $	-  $

-  $	-  $	-  $

-  $	-  $

40,000

Total Revenues	$	20,000  $	-  $	-  $	20,000  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	40,000

Expenditures:

General & Administrative:

Supervisor Fees Engineering Attorney Annual Audit
Assessment Administration Arbitrage
Dissemination Trustee Fees Management Fees
Information Technology Website Maintenance Postage & Delivery Insurance
Printing & Binding Legal Advertising Other Current Charges Office Supplies
Dues, Licenses & Subscriptions

$	-  $
$	-  $
$	187  $
$	-  $
$	-  $
$	-  $
$	417  $
$	-  $
$	3,281  $
$	158  $
$	105  $
$	1  $
$	5,408  $
$	-  $
$	1,001  $
$	50  $
$	0  $
$	175  $

1,000  $
865  $
1,641  $
-  $
-  $
-  $
417  $
-  $
3,281  $
158  $
105  $
1  $
-  $
-  $
-  $
50  $
0  $
-  $

-  $
1,980  $
491  $
-  $
-  $
-  $
417  $
-  $
3,281  $
158  $
105  $
12  $
-  $
-  $
354  $
50  $
3  $
-  $

-  $
-  $
130  $
-  $
-  $
-  $
417  $
-  $
3,281  $
158  $
105  $
-  $
-  $
-  $
-  $
50  $
-  $
-  $

-  $	-  $	-  $
-  $	-  $	-  $
70  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
417  $	-  $	-  $
-  $	-  $	-  $
3,281  $	-  $	-  $
158  $	-  $	-  $
105  $	-  $	-  $
3  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
54  $	-  $	-  $
0  $	-  $	-  $
-  $	-  $	-  $

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

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

1,000
2,845
2,517
-
-
- 2,083
- 16,406
788
525
17
5,408
- 1,356
255
3
175

Operations & Maintenance

Field Contingency

$

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-

Excess (Deficiency) of Revenues over Expenditures	$	9,217  $	(7,517)  $	(6,850)  $	15,859  $	(4,088)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	6,621

Total Expenditures	$	10,783  $	7,517  $	6,850  $	4,141  $	4,088  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	33,379

Total Operations & Maintenance	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

Total General & Administrative	$	10,783  $	7,517  $	6,850  $	4,141  $	4,088  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	33,379

5

Yarborough Lane
Community Development District Long Term Debt Report

SERIES 2024, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATES:	4.750%, 5.350%, 5.600%		
MATURITY DATE:
RESERVE FUND DEFINITION RESERVE FUND REQUIREMENT	5/1/2055
MAXIMUM ANNUAL DEBT SERVICE
$853,758		
RESERVE FUND BALANCE	$870,314		
BONDS OUTSTANDING - 8/14/24		$12,500,000	
CURRENT BONDS OUTSTANDING		$12,500,000	

6