MINUTES OF MEETING LUCERNE PARK COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Lucerne Park Community Development District was held on Thursday, July 17, 2025, at 9:31 a.m. at the Holiday Inn, Winter Haven, 200 Cypress Gardens Blvd., Winter Haven, Florida and via Zoom. Present and constituting a quorum: Bobbie Henley Chairperson Diana Macecsko by Zoom Assistant Secretary Joan Griffin Assistant Secretary Catherine Gomez Assistant Secretary Also present were: Tricia Adams District Manager, GMS Katie O’Rourke District Manager, GMS Savannah Hancock District Counsel, Kilinski Van Wyk Joey Duncan by Zoom District Engineer, Dewberry Chace Arrington by Zoom District Engineer, Dewberry FIRST ORDER OF BUSINESS Roll Call Ms. O’Rourke called the meeting to order. Three Board members were in attendance, constituting a quorum. Ms. Macecsko was present by Zoom. SECOND ORDER OF BUSINESS Public Comment Period Ms. O’Rourke stated there are no members of the public present. She asked for comments via Zoom. There being no comments, the next item followed. THIRD ORDER OF BUSINESS Approval of Minutes of the June 19, 2025 Board of Supervisors Meeting Ms. O’Rourke presented the minutes from the June 19, 2025, Board of Supervisors meeting. She added that staff had reviewed the minutes, but she was happy to take any comments or corrections. On MOTION by Ms. Henley, seconded by Ms. Griffin, with all in favor, the Minutes of the June 19, 2025, Board of Supervisors Meetings, were approved. FOURTH ORDER OF BUSINESS Consideration of Resolution 2025-08 Appointing and Removing an Assistant Secretary Ms. O’Rourke stated that this would appoint herself, Katie O’Rourke, as an Assistant Secretary for the District, so that she may attest to signatures from the Chair and this would remove Monica Virgen as an Assistant Secretary. She noted that Ms. Virgen is still in their office, she is just operating in a different capacity and will no longer be traveling to meetings. On MOTION by Ms. Griffin, seconded by Ms. Gomez, with all in favor, Resolution 2025-08 Appointing and Removing an Assistant Secretary, was approved. FIFTH ORDER OF BUSINESS Consideration of Resolution 2025-09 Authorizing Spending Limits Ms. O’Rourke stated this is an administrative resolution that sets the spending limits for the Chair or the District Manager to be able to sign invoices or agreements outside of the meeting up to a certain amount. She noted that the District Manager may individually authorize invoices or agreements up to $2,500. She added that the Chair or Vice Chair, if the Chair is unavailable, may authorize expenses up to $10,000 and the District Manager and the Chair or Vice Chair can jointly authorize expenses up to $25,000 per event or proposal. Ms. O’Rourke also noted that these agreements will still come back to the Board for ratification after the meeting, this is just in case there is something that needs to be done urgently outside of the meeting. On MOTION by Ms. Griffin, seconded by Ms. Henley, all in favor, the Resolution 2025-09 Authorizing Spending Limits, was approved. SIXTH ORDER OF BUSINESS Presentation of Arbitrage Rebate Calculation Report – Series 2019 Ms. Adams stated that the District has issued tax exempt bonds and the bonds are subject to regulations by the IRS. She noted they basically rule that the CDD with the tax-exempt bonds cannot earn more interest than what is being paid on the bonds. She added that they require reporting at five-year intervals, and they are running the Arbitrage Calculation Reports annually to determine if there is an arbitrage issue. Ms. Adams stated if there is an arbitrage issue in the sum of the five years, there could be a penalty to the IRS. Therefore, they like to know sooner rather than later if there is an arbitrage issue. She added that they could wait and run the reports once every five years, but the cost is the same to run it every year versus once every five years. Ms. Adams pointed out on page 21 the report shows that no rebate liability exists and there are no arbitrage issues. Ms. Adams asked for a motion to accept the Arbitrage Rebate Calculation Report for the Series 2019 bonds. On MOTION by Ms. Henley seconded by Ms. Griffin, with all in favor, the Arbitrage Rebate Calculation Report – Series 2019, was approved. SEVENTH ORDER OF BUSINESS Staff Reports A. Attorney Ms. Hancock reminded the Board to comply with the Sunshine Laws when it comes to social media or any discussions regarding any information that would come before the Board outside of a publicly noticed meeting. She noted that violations of this matter can result in a $500 fine and up to 60 days in jail and she gave the Board instructions on the best practices to take if anyone contacts them directly about District business. B. Engineer Mr. Arrington had nothing to report to the Board at this time. Field Manager’s Report Ms. Adams reviewed the Field Manager’s report for the Board and asked for any questions. She noted that she will convey any questions, comments or concerns to Mr. Allen Bailey and Marshall Tindall. She added that Mr. Tindall is still with their firm, but they are making some transitions with their field management team, and the Board will be meeting Mr. Allen Bailey soon and some might have already seen him around the property. Ms. Gomez asked about checking on the pool cleaning schedule. Ms. Adams stated that she will check on the pool cleaning schedule and prepare a notice for the HOA manager indicating what the cleaning schedule is and include District maintenance staff contact information. She also noted she will follow up with pool shade structure proposals. C. District Manager’s Report i. Approval of Check Register ii. Balance Sheet and Income Statement Ms. O’Rourke presented the check register from June 6, 2025, through July 3, 2025, totaling $20,395.73. A detailed check run summary follows the check register. On MOTION by Ms. Henley seconded by Ms. Griffin, with all in favor, the Check Register, was approved. Ms. O’Rourke presented the unaudited financials through May 31, 2025. She added that it was for informational purposes only, but she could answer any questions. There was a question about where the money is located, and Ms. Adams briefly discussed that the operating account is with a bank called Truist Bank and they are required to use accounts that are with banks that have public depositories in the state of Florida. She added that the money market account is with Bank United and there was a brief discussion about the details of that account. EIGHTH ORDER OF BUSINESS Other Business There being no comments, the next item followed. NINTH ORDER OF BUSINESS Supervisors Requests There being no comments, the next item followed. TENTH ORDER OF BUSINESS Adjournment On MOTION by Ms. Henley, seconded by Ms. Griffin, with all in favor, the meeting was adjourned. Signature - Katie O'Rourke Signature - Katie O'RourkeSignature - Bobbie Shockley Signature - Bobbie Shockley ________________________________ ________________________________ Secretary / Assistant Secretary Chairman / Vice Chairman