TWO LAKES COMMUNITY DEVELOPMENT
DISTRICT

MIAMI-DADE COUNTY Final Landowners’ Meeting & Regular Board Meeting November 16, 2022
10:15 A.M.

Special District Services, Inc.
8785 SW 165th Avenue, Suite 200
Miami, FL 33193
786.313.3661 Telephone 877.SDS.4922 Toll Free 561.630.4923 Facsimile

AGENDA
TWO LAKES COMMUNITY DEVELOPMENT DISTRICT
Lennar Homes 5505 Blue Lagoon Drive
Miami, Florida 33126
LANDOWNERS’ MEETING
November 16, 2022
9:45 a.m.

Call to Order
Proof of Publication…	Page 1
Establish Quorum
Consider Adoption of Election Procedures…	Page 2
Election of Chairperson for Landowners’ Meeting
Election of Secretary for Landowners’ Meeting
Approval of Minutes
November 8, 2020 Landowners’ Meeting Minutes.	Page 5
Election of Supervisors
Determine Number of Voting Units Represented or Assigned by Proxy…	Page 8
Nomination of Candidates
Casting of Ballots…	Page 9
Ballot Tabulations
Certification of the Landowners’ Election Results
Landowners’ Comments
Adjourn

SWC9XYJ3:MWY;N`KQZ3TP][<UY`\:T^]7cVf^6Mc]Q`QC?YB][90>Z8a9ZRe=[_F`CbC<]`WCYaXR<5C:]Rb]R?]5Z^6Yd9W/A9]B]WCZ`:CWge6<4`[^QCWB?<;`Q?;W]0e8_3RZ=[<?6>@Y62[B?h;<698]R]<W3`4CRDe3iRjR56k<34RD3iRklA325B27:c38:2Z:87BA86D4d

 /# 0 1$ %2 3&4 5' 6( (7) 3*8'9+3:,;%3-<:+32.=$&>0'4%3864?6@36AB8CB@6;16D E F G HG G

WYhB1k>5qD=qBq6Ri35h:iBh;D687D4D63R2k6;=6:BlRi;q:qi3RB8DBZ36=8Dm6;6m8R4hR5630:R8651Dmh66<64BqB3p<B44hR63D463RBi8DRRq35ipRR6BW5596>R65B:c6h:838D0h:7:Dm02ph61ZQBD2:B34i:86hR7:3B6sB8q4HA7RoB58:Pq6tDR6Dt5?4tid6PB9mH[80t6m72r6:60ERD8i38>7R:6mB8:747:34Du3q87BRBD:9RiR65B6i26B262i4RDq367RD86:B;m6863i6:466RjREABE38lP3imvR^5Bt408tRh;45P63t6:7Ds=@6ht3D14DPB:6wD@8xB3=RG41B3G1BRR:08:534R863826B6>76q:B4c4q:4RD2BDBRq75D3;@3:7B6R:Rq5j;^o26:0l:A<h7=6:3q24BD:=R@A4D334iqhB0RBDdD234;2B4=AD;j:R6R580B16784R35R=67B:DR6

IJKLMNJO
966R38m           87?8:D0f2:BD;>6B4:FDZ7ZQ926B6iR:38R6m7:RREHonEHoo:>p2;6pFZB:Dm:BB48B<8D3R@566FD96:3:qR;6DF:c42BiD:378:1s6s5E6G:rDp7FB8CB@6;16DErFGHGGF3R56

WAE9HXA6u6AGYRop3iZ8EB[mEi\4Bu]E;h^:G:Q2G=;YP1E496ir7u9iH7:H_p8BHCiDH6m`rW2G6at7<HqH]DHBb9;]ZYR3;/96]RBCWR3;<`6^WA?3R`5QBW0R:7@6DR34678BR3i6p

`[;723`A68q8623:R:42:@624B876iDR8F=6hi264BRBDh56:6h6D@R67R;6D6D5:46:8D63B848R;Dji8B6BtR6:ilD7hB=A7653:D41i:367DR3R=6D5734BiB6BR3qRh5hA4i4RD6:pi85R3B:RW6h645D:D3yh6:BRhBDR8@;hB6R34R46i85636A:46B662458R7:76364:83:8;mB=R7m64q^674R;A6B65:Rq5iq6:38q83R3=47i5[:m351B68;446870D46ui5i;DiB5hB3BiD:80h:D7^DR7286R7306384Di3h48i0A0AB6Bi6238D:32R87R0@5D5R3;7:4;D<6Bi46:R46D43=q46BhR:585R;061368i83:6R2m7<R3=7R6R43B8p6h4RR64B:D3i;D3[8i36R83=RiB4i4R4983;0Fh:=:D:D:68=:R8R6=R8R:R65B7m1hD:6=6:R6iDB@4:74:h38B7:@R648R6s3:678DHgF16io6R:6Dz3DP;6R0t3BR7;63t68D2:t36:8DARP8h6mHR5i75t4B3Bir6hD584E7626:6iR:iBp53;8:6q6726R4:u56hBih6R6iD3h8iBhE63m;qDP:3B46v2F;i7t3464tB06B1P7i78t:5:3s48Rht653mB6P7648wDpD43x46BGBi8GBDD:78Rp

Page 1

SPECIAL DISTRICT (CDD) ELECTION PROCEDURES

Landowners’ Meeting
In accordance with the provisions of Chapter 190, Florida Statutes, it is required that an initial meeting of the Landowners of the District be held within ninety (90) days following the effective date of the rule or ordinance establishing the District and thereafter every two (2) years during the month of November for the purpose of electing Supervisors. The second election by landowners shall be held on the first Tuesday in November; thereafter, there shall be an election of supervisors every two (2) years in November on a date established by the Board of Supervisors. The assembled Landowners shall organize by electing a Chairperson, who shall preside over the meeting; and a Secretary shall also be elected for recording purposes.

Establishment of Quorum
Any Landowner(s) present or voting by proxy shall constitute a quorum at the meeting of the Landowners.

Nomination of Candidates
At the meeting, the Chairperson shall call for nominations from the floor for Candidates for the Board of Supervisors. When there are no further nominations, the Chairperson shall close the floor for nominations. The names of each Candidate and the spelling of their names shall be announced. Nominees need not be present to be nominated.

Voting
Each Landowner shall be entitled to cast one (1) vote for each acre (or lot parcel), or any fraction thereof, of land owned by him or her in the District, for each open position on the Board. (For example, if there are three (3) positions open, an owner of one (1) acre or less (or one lot parcel) may cast one (1) vote for each of the three (3) positions. An owner of two (2) acres (or two lot parcels) may cast two (2) votes for each of the three (3) positions.) Each Landowner shall be entitled to vote either in person or by a representative present with a lawful written proxy.

Registration for Casting Ballots
The registration process for the casting of ballots by Landowners or their representatives holding their proxies shall be as follows:

Page 2

At the Landowners’ Meeting and prior to the commencement of the first casting of ballots for a Board of Supervisor position, each Landowner, or their representative if proxies are being submitted in lieu thereof, shall be directed to register their attendance and the total number of votes by acreage (or lot parcels) to which each claims to be entitled, with the elected Secretary of the meeting or the District’s Manager.

At such registration, each Landowner, or their representative with a lawful proxy, shall be provided a numbered ballot for the Board of Supervisor position(s) open for election. A District representative will mark on the ballot the number of votes that such Landowner, or their representative, is registered to cast for each Board of Supervisor position open for election.

All Landowner proxies shall be collected at the time of registration and retained with the Official Records of the District for subsequent certification or verification, if required.

Casting of Ballots
Registration and the issuance of ballots shall cease once the Chairperson calls for the commencement of the casting of ballots for the election of a Board of Supervisor(s) and thereafter no additional ballots shall be issued.
The Chairperson will declare that the Landowners, or their representatives, be requested to cast their ballots for the Board of Supervisor(s). Once the ballots have been cast, the Chairperson will call for a collection of the ballots.
Counting of Ballots
Following the collection of ballots, the Secretary or District Manager shall be responsible for the tabulation of ballots in order to determine the total number of votes cast for each candidate that is seeking election.
At the second and subsequent landowner elections*, the two (2) candidates receiving the highest number of votes will be declared by the Chairperson as elected to the Board of Supervisors for four-year terms. The candidate receiving the next highest number of votes will fill the remaining open position on the Board of Supervisors for a two-year term, as declared by the Chairperson.
* At the final landowner election (after the 6th or 10th year), the candidate receiving the highest number of votes will be elected to the Board of Supervisors for a four-year term (two (2) supervisors are elected by General Election).
Contesting of Election Results
Following the election and announcement of the votes, the Chairperson shall ask the Landowners present, or those representatives holding proxies for Landowners, whether they wish to contest the election results. If no contests are received, said election results shall thereupon be certified.
If there is a contest, the contest must be addressed to the Chairperson and thereupon the individual casting a ballot that is being contested will be required to provide proof of ownership of the acreage (or lot parcels) for which they voted at the election within five (5) business days of the Landowners’ Meeting. The proof of ownership shall be submitted to the District Manager who will thereupon consult with the District’s General Counsel and together they will review the material provided and will determine the legality of the contested ballot(s). Once the contests are resolved, the Chairperson shall reconvene the Landowners’ Meeting and thereupon certify the election results.

Recessing of Annual Landowners’ Meeting
In the event there is a contest of a ballot or of the election, the Landowners’ Meeting shall be recessed to a future time, date and location, at which time the election findings on the contest shall be reported in accordance with the procedure above and the newly elected Supervisor(s) shall thereupon take their Oath of Office.

Miscellaneous Provisions
Each Landowner shall only be entitled to vote in person or by means of a representative attending in person and holding a lawful written proxy in order to cast said Landowner’s votes.

Proxies will not require that proof of acreage (or lot parcel) ownership be attached. Rather, proof of ownership must be provided timely by the holder of the proxy, if the proxy is contested in accordance with the procedure above.

TWO LAKES COMMUNITY DEVELOPMENT DISTRICT LANDOWNERS’ MEETING
NOVEMBER 18, 2020

CALL TO ORDER
District Manager Armando Silva called the November 18, 2020, Landowners’ Meeting of the Two Lakes Community Development District (the “District) to order at 9:56 a.m. in the Meeting Room at Lennar Homes, LLC, located at 730 NW 107th Avenue, Third Floor, Suite 300, Miami, Florida 33172.

PROOF OF PUBLICATION
Mr. Silva presented proof of publication that notice of the Second Landowners’ Meeting had been published in the Miami Daily Business Review on October 22, 2020, and October 29, 2020, as legally required.
ESTABLISH QUORUM
Mr. Silva requested that the landowners of property within the District identify themselves and register the number of acres/lots which they own and/or being represented by proxy in the District. A sign-in sheet was provided. Mr. Silva stated that the attendance of Proxy Holders Carmen Orozco, representing Two Lakes Lennar, LLC, and Erick Hurtado, representing various property owners within the District, constituted a quorum and it was in order to proceed.

Also in attendance as non-voting attendees were Michael Pawelczyk, District Counsel, Billing Cochran, Lyles, Mauro & Ramsey, P.A. (via conference call); and Armando Silva of Special District Services, Inc.

CONSIDER ADOPTION OF ELECTION PROCEDURES
Mr. Silva presented the Election Procedures and stated that it would be in order to review and approve same. There being no comments or changes, the Proxy Holders approved and adopted the Election Procedures, as presented.

ELECTION OF CHAIRPERSON FOR LANDOWNERS’ MEETING
Mr. Silva stated that it would be in order to elect a Chairperson for the Landowners’ Meeting. The Proxy Holders elected Armando Silva to serve as Chairperson for the Landowners’ Meeting.

ELECTION OF SECRETARY FOR SECOND LANDOWNERS’ MEETING
Mr. Silva stated that it would be in order to elect a Secretary for the Landowners’ Meeting for the purpose of conducting and recording the events of the Landowners’ Meeting. Ms. Orozco elected Mr. Silva to serve as Secretary for the Landowners’ Meeting. Mr. Silva accepted the position of Secretary for the Landowners’ Meeting.

APPROVAL OF MINUTES
November 6, 2018, Second Landowners’ Meeting

Mr. Silva presented the minutes of the November 6, 2018, Second Landowners’ Meeting and asked the Proxy Holders if there were any changes or revisions to the Second Landowners’ Meeting Minutes. There being no comments or changes the Proxy Holders approved the minutes of the November 6, 2018, Second Landowners’ Meeting, as presented.

ELECTION OF SUPERVISORS
Determine Number of Voting Units Represented or Assigned by Proxy
Mr. Silva stated that there were three hundred and twenty eight (328) Lots/Units being represented/assigned by Ms. Orozco, the attending Proxy Holder, on behalf of Two Lakes Lennar, LLC; and twenty-six (26) Lots/Units being represented/assigned by Mr. Hurtado, the attending Proxy Holder, on behalf of various property owners within the District.

Nomination of Candidates

Mr. Silva stated that the terms of office of Supervisors Maria C. Herrera, Teresa Baluja and Carmen Orozco were expiring and that it would be in order to nominate candidates for election to fill the three (3) expiring terms of office. Ms. Orozco, Proxy Holder nominated the following persons for election to the Board of Supervisors of the District:

Maria C. Herrera Teresa Baluja Carmen Orozco

Mr. Hurtado, Proxy Holder nominated the following person for election: Erick Hurtado
Mr. Silva asked if there were any other nominations from the floor. There being no further nominations from the floor, Mr. Silva closed the nomination portion of the Landowners’ Meeting.

Casting of Ballots
Ms. Orozco and Mr. Hurtado, Proxy Holders, were requested to cast votes for the following slate of nominees: Erick Hurtado, Maria C. Herrera, Teresa Baluja and Carmen Orozco. Mr. Silva stated that the two (2) candidates receiving the highest number of votes would each serve a four-year term of office, expiring in November 2024; and the remaining candidate receiving the next highest number of votes would serve a two-year term of office, expiring in November 2022.

Ballot Tabulations
Mr. Silva announced the following election results:
Maria C. Herrera received 328 Votes Teresa Baluja received 328 Votes Carmen Orozco received 327 Votes Erick Hurtado received 26 Votes

Furthermore, Mr. Silva stated that Ms. Herrera and Ms. Baluja would each serve four (4) year terms and such terms of office would expire in November 2024; and Ms. Orozco would serve a two (2) year term of office and such term of office would expire in November 2022.

Certification of Results
Mr. Silva asked Ms. Orozco and Mr. Hurtado if there were any objections to the election results or to the procedures followed. There being no comments or objections, Mr. Silva declared the election results complete, final and certified.

LANDOWNERS’ COMMENTS
There were no additional comments.

ADJOURNMENT
There being no further business to conduct at the Landowners’ Meeting, the meeting was declared adjourned by the presiding Chairperson, Armando Silva, at approximately 10:06 a.m. There were no objections.

Chairperson	Secretary

LANDOWNER PROXY

TWO LAKES COMMUNITY DEVELOPMENT DISTRICT FINAL LANDOWNERS’ MEETING

KNOW ALL MEN BY THESE PRESENTS, that the undersigned, the fee simple owner of the lands described herein, hereby constitutes and appoints 	(“Proxy Holder”) for and on behalf of the undersigned, to vote as proxy at the final meeting of the landowners of the Two Lakes Community Development District to be held on November 16, 2022 at 10:15 a.m. in the Lennar Homes, LLC. Meeting Room located at 5505 Blue Lagoon Drive, Miami, FL 33126, and at any adjournments thereof, according to the number of acres of unplatted land and/or platted lots owned by the undersigned landowner which the undersigned would be entitled to vote if then personally present, upon any question, proposition, or resolution or any other matter or thing which may be considered at said meeting including, but not limited to the Board of Supervisors. Said Proxy Holder may vote in accordance with their discretion on all matters not known or determined at the time of solicitation of this proxy, which may be legally considered at said meeting.

This proxy is to continue in full force and effect from the hereof until the conclusion of the annual meeting and any adjournment or adjournments thereof, but may be revoked at any time by written notice of such revocation presented at the annual meeting prior to the Proxy Holder exercising the voting rights conferred herein.

Printed Name of Legal Owner/Entity

Signature of Legal Owner (and/or Authorized Representative)	Date

Parcel(s) Description(s)*{Folio Number(s)} 	# of Units/Acres

*Insert in the space above the street address of each parcel, the legal description of each parcel, or the tax identification number of each parcel. [If more space is needed, identification of Parcels owned may be incorporated by reference to an attachment hereto.]

Pursuant to section 190.006(2)(b), Florida Statutes (2022), a fraction of an acre is treated as one (1) acre entitling the landowner to one vote with respect thereto.

TOTAL NUMBER OF AUTHORIZED VOTES:    
If the Legal Owner is not an individual, and is instead a corporation, limited liability company, limited partnership or other entity, evidence that the individual signing on behalf of the entity has the authority to do so should be attached hereto. (e.g. bylaws, corporate resolution, etc.)

BALLOT #		

OFFICIAL BALLOT

TWO LAKES COMMUNITY DEVELOPMENT DISTRICT
FINAL LANDOWNERS’ MEETING ELECTION OF BOARD SUPERVISORS (3)
NOVEMBER 16, 2022

The undersigned certifies that he/she is the owner ( ) or duly authorized representative of lawful proxy of an owner ( ) of land in the Two Lakes Community Development District, constituting 	 Acre(s)/Lot(s)/Unit(s) and hereby casts up to the corresponding number of his/her vote(s) for the following candidate/candidates to hold the above-named open position:

Name of Candidate	Number of Votes

{The candidate receiving the highest number of votes shall each be elected for a four (4) year term of office.}

Signature: 	

Printed Name: 	

Street Address or Tax Parcel Id Number for your Real Property:

AGENDA
TWO LAKES COMMUNITY DEVELOPMENT DISTRICT
Lennar Homes 5505 Blue Lagoon Drive
Miami, Florida 33126
REGULAR BOARD MEETING
November 16, 2022
10:15 a.m.

Call to Order
Proof of Publication.	Page 11
Establish Quorum
Additions or Deletions to Agenda
Comments from the Public for Items Not on the Agenda
Approval of Minutes
September 21, 2022 Regular Board Meeting…	Page 12
Old Business
Staff Report: As Required
New Business
Consider Resolution No. 2022-06 – Consider Approval of Fiscal Year 2021/2022
Amended Budget…	Page 15
Auditor Selection Committee
Ranking of Proposals/Consider Selection of an Auditor…	Page 21
Consider Administrative & Operational Matters
Board Member & Staff Closing Comments
Adjourn

MIAMI-DADE

STATE OF FLORIDA
COUNTY OF MIAMI-DADE:

Before the undersigned authority personally appeared GUILLERMO GARCIA, who on oath says that he or she is the DIRECTOR OF OPERATIONS, Legal Notices of the Miami Daily Business Review f/k/a Miami Review, a daily  (except Saturday,	Sunday and Legal Holidays) newspaper, published  at Miami in Miami-Dade  County, Florida;  that  the
attached copy of advertisement, being a Legal Advertisement of Notice in the matter of

TWO LAKES COMMUNITY DEVELOPMENT DISTRICT - FISCAL YEAR 2022/2023 REGULAR MEETING SCHEDULE

in the XXXX Court,
was published in said newspaper by print in the issues of and/or by publication on the newspaper's website, if authorized, on

10/10/2022

fl�

Affiant further says that the newspaper complies with all legal  requirements	for  publication	in  chapler	50,  Florida
s '"'"		

TWO LAKES COMMUNITY
.	l).EVEi,,.OpNIENT D1$TRICT	_ FISCAL YEAR.2022/2023 REGULAR MEETING SCHEDULE
NOTICE IS HEREBY GIVEN that the Board of Supervisors (the 'Board") of the Two Lakes Community Development District (the •District') will hold Regular Meetings at Lennar Homes, LLC located at 5505 Blue Lagoon Drive, Miami, Florida 33126 at 10:15 a.m. on the following dates:.

October 19, 2022
November 16, 2022
March 15, 2023
April 19, 2023
June 21, 2023

f°,

July 19, 2023
September	2023
The.purpose oi the f'Tleetings is for the Board to consider any Distri t business which may lawfully and properly come_before the Board. Meetings are open to the public and will be conducted in·accordance with the provisions of Florida law for Community Development Districts. Copies of the Agenda for any of the meetings may be obtained from Jhe District's website or by contacting the District Manager at 786-313·3661 and/or toll free at

 boforam,lhts
10  day of OCTOBER, A.O. 2022

( 
GUILLERMO GARCIA personally known to me

		1-877-737-4922, prior to the date of the particular meeting.

:i

From time to time one or two Board members may participate by telephone; therefore, a speaker telephone will be present at the meeting location so that Board members may be fully inforIT1ed of the discussions taking place. Said meeting(s) may be continued·as found necessary to a time and place specified on the record.

If any person decides to appeal any decision made with respect to any matter considered at .these meetings, such person will need a record of the proceedings and such person may nee_dto insure that a verbatim record of
/he proceedings is made at his or her own expense and which record includes the testimony and evidence on which the appeal is based.
In accordance with the pr6visi6ris 6f the Americans with Disabilities Act, any
·person requiring special accomniodations or an interpreter to participate at any of these meetings should contact the District Manager at 786-313-3661 and/or toll free at 1-877-737-4922 at least seven (7) days prior to the date of the particular meeting.

Meetings may be cancelled from time to time with no advertised notice.

TWO LAKES COMMUNITY DEVELOPMENT DISTRICT

www.twolakescdd.org 
10/10	22-06/0000624059M

TWO LAKES COMMUNITY DEVELOPMENT DISTRICT REGULAR BOARD MEETING
SEPTEMBER 21, 2022

CALL TO ORDER

District Manager Armando Silva called the September 21, 2022, Regular Board Meeting of the Two Lakes Community Development District (the “District”) to order at 10:08 a.m. in the Meeting Room at Lennar Homes, LLC, located at 5505 Blue Lagoon Drive, Miami, Florida 33126.

PROOF OF PUBLICATION

Mr. Silva presented proof of publication that notice of the Regular Board Meeting had been published in the Miami Daily Business Review on June 3, 2022, as legally required.

ESTABLISH A QUORUM

Mr. Silva determined that the attendance of the following Board Members constituted a quorum and it was in order to proceed with the meeting: Vice Chairperson Teresa Baluja and Supervisors Vanessa Perez and Carmen Orozco.

Staff in attendance included: District Manager Armando Silva of Special District Services, Inc.; and District Counsel Michael Pawelczyk of Billing, Cochran, Lyles, Mauro & Ramsey, P.A.

ADDITIONS OR DELETIONS TO THE AGENDA

There were no additions or deletions to the agenda.

COMMENTS FROM THE PUBLIC FOR ITEMS NOT ON THE AGENDA

There were no comments from the public for items not on the agenda.

APPROVAL OF MINUTES
August 17, 2022, Regular Board Meeting & Public Hearing

Mr. Silva presented the August 17, 2022, Regular Board Meeting & Public Hearing minutes and asked if there were any comments and/or changes. There being no changes, a motion was made by Ms. Baluja, seconded by Ms. Orozco and unanimously passed approving the April 17, 2022, Regular Board Meeting & Public Hearing minutes, as presented.

OLD BUSINESS
Staff Report, as Required

There was no Staff Report at this time.

NEW BUSINESS
Consider Resolution No. 2022-04 –Calling for a Final Landowners’ Meeting

Mr. Silva presented Resolution No. 2022-04, entitled:

RESOLUTION NO. 2020-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TWO LAKES COMMUNITY DEVELOPMENT DISTRICT ORDERING AND CALLING FOR THE FINAL LANDOWNERS’ MEETING AND PUBLIC NOTICE THEREOF FOR THE TWO LAKES COMMUNITY DEVELOPMENT DISTRICT’S ELECTION OF MEMBERS TO THE BOARD OF SUPERVISORS; AND PROVIDING AN EFFECTIVE DATE.

Mr. Silva gave an explanation for the resolution and provided the Election Procedures, proxy forms and sample ballots. Furthermore, Mr. Silva stated that information related to the Landowners’ Election (terms of office expiring for assigned Seat 5) would be available in the District’s official records office located at 8785 SW 165th Ave, #200, Miami, FL 33193. A discussion ensued after which:

A motion was made by Ms. Orozco, seconded by Ms. Baluja and passed unanimously approving and adopting Resolution No. 2022-04, as presented, setting the Final Landowners’ Meeting for November 16, 2022, at 10:15 a.m. in a meeting room of Lennar Homes, LLC located at 5505 Blue Lagoon Drive, Miami, Florida 33126; and further authorizing the publication of the Notice of Final Landowners’ Meeting, as required by law.

Consider Resolution No. 2022-05 – Completion of 2019 Project

Mr. Silva presented Resolution No. 2022-05, entitled:

RESOLUTION NO. 2022-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE TWO LAKES COMMUNITY DEVELOPMENT DISTRICT DECLARING CERTAIN PUBLIC IMPROVEMENTS WITHIN THE ORIGINAL BOUNDARIES OF THE DISTRICT RELATED TO THE SERIES 2019 EXPANSION AREA PROJECT TO BE COMPLETE; ACCEPTING SAME; AND ESTABLISHING THE THIRTY (30) DAY PERIOD PROVIDED IN SECTION 170.09, FLORIDA STATUTES, WITHIN WHICH PROPERTY OWNERS WITHIN THE BOUNDARIES OF THE EXPANSION AREA OF THE DISTRICT MAY PRE-PAY THEIR DEBT ASSESSMENTS WITHOUT INTEREST; AND PROVIDING AN EFFECTIVE DATE.

Mr. Silva explained the purpose of the document and advised that as a result of the completion of the improvements within the Series 2019 Expansion Area Project and pursuant to Chapter 190, Florida Statutes, the District must declare, by resolution, the public improvements to be complete and accept same. A discussion ensued after which:

A motion was made by Ms. Baluja seconded by Ms. Orozco and unanimously passed approving and adopting Resolution No. 2022-05, as presented, declaring and accepting the completion of the public improvements within the Series 2019 Expansion Area Project.

ADMINISTRATIVE & OPERATIONAL MATTERS
Staff Report, as Required

There was no Staff Report at this time.

BOARD MEMBER & STAFF CLOSING COMMENTS

There were no Board Member or Staff closing comments.

ADJOURNMENT

There being no further business to come before the Board, a motion was made by Ms. Baluja, seconded by Ms. Orozco and unanimously passed adjourning the Regular Board Meeting at 10:12 a.m.

Secretary/Assistant Secretary	Chairperson/Vice-Chairperson

RESOLUTION NO. 2022-06

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

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

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

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE TWO LAKES COMMUNITY DEVELOPMENT DISTRICT, THAT:

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

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

PASSED, ADOPTED and EFFECTIVE this 16th day of November, 2022.

ATTEST:	TWO LAKES COMMUNITY DEVELOPMENT DISTRICT

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

Two Lakes Community Development District

Amended Final Budget For Fiscal Year 2021/2022
October 1, 2021 - September 30, 2022

CONTENTS

AMENDED FINAL OPERATING FUND BUDGET

AMENDED FINAL DEBT SERVICE FUND BUDGET - SERIES 2017

AMENDED FINAL DEBT SERVICE FUND BUDGET - SERIES 2019

AMENDED FINAL BUDGET
TWO LAKES COMMUNITY DEVELOPMENT DISTRICT OPERATING FUND
FISCAL YEAR 2021/2022 OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET
10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - 9/29/22	
AdmLnLstratLYe Assessments	99, 	101,1 	 , 4 	
0aLntenance Assessments	 6 , 4	1 3, 3	 6 ,46 	
'eEt Assessments  7 	 ,4 ,9 6	1, ,3 0	 ,4 6, 	
'eEt Assessments  9 	 , ,7 	1,1 3, 3	 , , 	
OtKer 5eYenue	 	0	 	
Interest Income Stormwater	 	7	7	
Interest Income OSeratLnJ	 6 	10 	   	
TOTAL REVENUES	 	2, 99,239	 	2,90 ,92 	 	2,90 ,922	
				
EXPENDITURES				
SuSerYLsor Fees	 	0	 	
0anaJement	 7,9 6	37,9 	 7,9 6	
/eJal	 , 	12, 00	 ,6 	
Assessment 5oll	9,4 	9, 00	9,4 	
AudLt Fees	 , 	 , 00	 , 	
ArELtraJe 5eEate Fee	 , 	1,300	 , 	
Insurance	6, 	 ,70 	 ,7 6	
/eJal AdYertLsements	 , 	1,2 0	7 	
0Lscellaneous	 ,6 	 00	4 	
3ostaJe	 7 	110	   	
OffLce SuSSlLes	7 	3 0	 6	
'ues SuEscrLStLons	 7 	17 	 7 	
7rustee Fees	6, 	 , 00	6, 	
&ontLnuLnJ 'Lsclosure Fee	 , 	1, 00	 , 	
AdmLnLstratLYe &ontLnJenc\	6,7 	3,3 0	 	
TOTAL ADMINISTRATIVE EXPENDITURES	 	93, 31	 	 , 97	 	 0,1 2	
				
MAINTENANCE EXPENDITURES				
Annual (nJLneer s 5eSort InsSectLons	 ,4 	 ,000	4,74 	
FLeld OSeratLons 0anaJement	 , 	1, 00	 , 	
/awn /andscaSe SerYLces (ntrance 5oads InterLor 7racts	 , 	 ,000	 	
3erLmeter Berm /awn /andscaSe SerYLces	 6, 	 ,000	 	
(ntrance 5oads (ntr\ Features 07(	 ,4 	2,000	 	
IrrLJatLon S\stem s InterLor ([terLor	 , 	3,000	 	
5oadwa\ Street 'raLnaJe S\stem	 ,4 	2,000	 	
Street /LJKtLnJ (ntr\ 5oads	 ,4 	3,000	 	
F3 / 3ower 8tLlLt\ SerYLces IrrLJatLon Street /LJKtLnJ	 6, 	 ,000	 	
/ake 7ract s 	 , 	 , 00	 , 6	
0Lscellaneous 0aLntenance	 ,4 	1 ,000	 ,6 	
0aLntenance &ontLnJenc\	 , 7	30,000	 7, 6 	
TOTAL MAINTENANCE EXPENDITURES	 	1 3,337	 	 3,000	 	 3,2 9	
				
TOTAL EXPENDITURES	 	2 , 	 	1 9, 97	 	133, 1	
				
REVENUES LESS EXPENDITURES	 	2, 2,371	 	2,73 ,229	 	2,771, 1	
				
Bond 3a\ments  7 	 , 9 ,9 	 1, 1 ,02 	 ,4 , 4 	
Bond 3a\ments  9 	 , 4,4 	 1,09 , 2 	 , 9 ,4 	
				
BALANCE	 	173,933	 	221,723	 	2 7,97 	
				
&ount\ ASSraLser 7a[ &ollector Fee	 7,97 	 27,933 	 7,9 	
'Lscounts For (arl\ 3a\ments	  ,9 	 111,3 	  , 	
				
EXCESS/ S+ORTFALL 	 	-	 	 2, 0 	 	11 , 7	
				
&arr\oYer From 3rLor <ear	 	0	 	
				
NET EXCESS/ S+ORTFALL 	 	-	 	 2, 0 	 	11 , 7	

F81' BA/A1&( AS OF 9 	
F<   A&7I9I7<	
F81' BA/A1&( AS OF 9 	

$ 9 , 47	
$ ,4 	
$677, 	

Note
Fund Balance Includes Stormwater Bank Account Balance Of $76,497.

AMENDED FINAL BUDGET
TWO LAKES COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2017
FISCAL YEAR 2021/2022 OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET 10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - 9/29/22	
Interest Income	25	5,500	5,400	
NAV Assessment Collection	1,393,950	1,415,024	1,415,024	
Transfer From Capital Projects Fund	0	5,040	5,040	
Total Revenues	$	1,393,975	$	1,425,564	$	1,425,464	
				
EXPENDITURES				
Principal Payments	420,000	410,000	410,000	
Interest Payments	970,000	976,663	976,663	
Bond Redemption	3,975	5,000	5,000	
Total Expenditures	$	1,393,975	$	1,391,663	$	1,391,663	
				
ExFess/ SKortfall 	$	-	$	33,901	$	33, 01	

FUND BALANCE AS OF 9/30/21	
FY 2021/2022 ACTIVITY	
FUND BALANCE AS OF 9/30/22	

$1,726,525	
$33,901	
$1,760,426	

Notes
Reserve Fund Balance = $696,975*. Revenue Fund Balance = $1,063,451* Revenue Fund Used To Fund 12/15/22 Principal & Interest Payment Of $899,919 (Principal: $415,000 + Interest: $484,919 = $899,919).
* Approximate Amounts

Series 2017 Bond Information

Original Par Amount =	$21,685,000	Annual Principal Payments Due:	
Interest Rate =	3.25% - 5.0%	December 15th	
Issue Date =	June 2017	Annual Interest Payments Due:	

AMENDED FINAL BUDGET
TWO LAKES COMMUNITY DEVELOPMENT DISTRICT DEBT SERVICE FUND - SERIES 2019
FISCAL YEAR 2021/2022 OCTOBER 1, 2021 - SEPTEMBER 30, 2022

REVENUES	FISCAL YEAR 2021/2022 BUDGET 10/1/21 - 9/30/22	AMENDED FINAL BUDGET
10/1/21 - 9/30/22	YEAR TO DATE ACTUAL
10/1/21 - 9/29/22	
Interest Income	25	5,020	4,020	
NAV Assessment Collection	1,084,488	1,098,482	1,098,482	
				
Total Revenues	$	1,084,513	$	1,103,502	$	1,102,502	
				
EXPENDITURES				
Principal Payments	395,000	380,000	380,000	
Interest Payments	688,488	694,188	694,188	
Transfer To Construction Fund	0	2,544	1,544	
Bond Redemption	1,025	0	0	
Total Expenditures	$	1,084,513	$	1,076,732	$	1,075,732	
				
ExFess/ SKortfall 	$	-	$	26,770	$	26,770	

FUND BALANCE AS OF 9/30/21	
FY 2021/2022 ACTIVITY	
FUND BALANCE AS OF 9/30/22	

$1,290,722	
$26,770	
$1,317,492	

Notes
Reserve Fund Balance = $542,244*. Revenue Fund Balance = $775,248* Revenue Fund Used To Fund 12/15/22 Principal & Interest Payment Of $739,244 (Principal: $395,000 + Interest: $344,244 = $739,244).
* Approximate Amounts

Series 2019 Bond Information

Original Par Amount =	$19,050,000	Annual Principal Payments Due:	
Interest Rate =	3.0% - 4.0%	December 15th	
Issue Date =	September 2019	Annual Interest Payments Due:	

November 16, 2022

RE: Two Lakes Community Development District

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

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

The current auditor for the District is the firm of Grau & Associates.

Grau & Associates was the only firm to respond to the legal advertisement requesting proposals to perform the fiscal year ending September 30, 2022, September 30, 2023 and September 30, 2024 audits. The proposed fee for the audit for fiscal year ending September 30, 2022 is $5,700.00. The proposed fee for the audit for fiscal year ending September 30, 2023 is $5,800.00. The proposed fee for the audit for fiscal year ending September 30, 2024 audit is $5,900.00. The proposed fee for the audit for fiscal year ending September 30, 2025 (option year) is $6,000.00. And the proposed fee for the audit for fiscal year ending September 30, 2026 (option year) is $6,100.00. The approved fee for the fiscal year ending September 30, 2021 audit, which Grau & Associates has completed, was $5,500.00.

Management would like to report that it is pleased with the professionalism and the competence of the Grau and Associates, partners and supporting staff.

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

Special District Services, Inc.