MINUTES OF MEETING

BOGGY BRANCH COMMUNITY DEVELOPMENT DISTRICT SPECIAL BOARD OF SUPERVISORS' MEETING MINUTES
Thursday, January 11, 2024 at 11:00 a.m. 14785 Old St. Augustine Road, Suite 3 Jacksonville, FL 32258

Board Members present at roll call in person or via speaker phone:

Kelly White James Stowers Andy Hagan KC Middleton

Chairperson
Vice Chairperson Assistant Secretary Assistant Secretary

Also, present in person or via phone:

Vivian Carvalho Venessa Ripoll Jorge Jimenez Jennifer Glasgow Michael Dennis Sete Zare
Mike Veazey

District Manager - PFM Group Consulting LLC
District Manager - PFM Group Consulting LLC  (via phone) Asst. District Manager - PFM Group Consulting LLC(via phone) District Accountant - PFM Group Consulting LLC (via phone) PFM Financial Consulting	(via phone)
Underwritter- MBS Capital Markets	(via phone) ICI Homes

Scott Wild Keith Donnelly Nika Hosseini Lo Etienne

District Engineer- England-Thims & Miller Representative from David Weekley Homes Representative from Cobb Cole Attorneys at Law BMO

(via phone)

(via phone) (via phone)

FIRST ORDER OF BUSINESS

Organizational Matters

Call to Order and Roll

The meeting was called to order at 11:01 a.m. Ms. Carvalho proceeded with roll call and confirmed quorum to proceed with the meeting. Those in attendance are outlined above.

Public Comment Period

There were no public comments at this time.

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SECOND ORDER OF BUSINESS	General Business Matters

Consideration of Minutes of the December 7, 2023, Board of Supervisors Meeting

The Board reviewed the Minutes of the December 7, 2023 Board of Supervisors' Meeting.

ON MOTION by Ms. White, seconded by Mr. Middleton, with all in favor, the Board approved the Minutes of the December 7, 2023 Board of Supervisor's Meeting.

Consideration of Supplemental Assessment Methodology, Series 2024A Bonds

Mr. Dennis reviewed the assessment methodology for the Board. 457 residential units are planned for Phase 2, it will pay approximately $49,700,000 and $7,200,000 for the Phase 1 advancement.

ON MOTION by Ms. White, seconded by Mr. Hagan, with all in favor, the Board approved the Supplemental Assessment Methodology, Series 2024A Bonds in substantial form.

Public Hearing on the Imposition of Special Assessments
Public	Comments	and Testimony
Board Comments

Consideration of 2024-06, Imposing Assessments

Resolution
Special

Form of Second Supplemental	Trust Indenture
Form of Contract of Purchase

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Form	of	Continuing Disclosure Agreement

ON MOTION by Ms. White, seconded by Mr. Stowers, with all in favor, the Board opened the public hearing.

There were no members of the public present at this time. Ms. Etienne reviewed the resolution for the Board.

ON MOTION by Mr. Hagan, seconded by Ms. White, with all in favor, the Board approved Resolution 2024-06, Imposing Special Assessments.

ON MOTION by Mr. Middleton, seconded by Mr. Stowers, with all in favor, the Board closed the public hearing.

Ratification of Work Authorization No. 16 - England, Thims & Miller, Inc

ON MOTION by Mr. Stowers, seconded by Mr. Hagan, with all in favor, the Board ratified Work Authorization No. 16 - England, Thims & Miller, Inc.

Ratification of Requisitions Nos.
220- 226

ON MOTION by Mr. Stowers, seconded by Mr. Middleton, with all in favor, the Board ratified Requisitions Nos. 220 - 226.

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Ratification	of	Payment Authorizations Nos. 103 - 104

ON MOTION by Mr. Middleton, seconded by Mr. Stowers, with all in favor, the Board ratified Payment Authorizations Nos. 103 - 104.

Review	of	District	Financial Statements

The Board reviewed the District Financial Statements as of December 31, 2023.

THIRD ORDER OF BUSINESS	Other Business Staff Reports
District Counsel -	No report.

District Engineer-	No report.

District Manager - Ms. Carvalho stated that the special meeting is scheduled for February 2, 2024 at 11:00 a.m.

Audience	Comments	and Supervisors Requests

Ms. White has a question concerning the O&M billing and if Ryals Creek should be apart of the cost share. Ms Hosseini recommended sending an email to a representative of Ryals Creek concerning the agreement.

FOURTH ORDER OF BUSINESS	Adjournment

There were no additional items to discuss. Ms. Carvalho requested a motion to adjourn.

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ON MOTION by Ms. White, seconded by Mr. Hagan, with all in favor, the January 11, 2024 of Supervisors' Meeting of the Boggy Branch Community Development District was adjourned at 11:20 a.m.

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Secretary/Assistant Secretary

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