Wellness Ridge Community Development District
Agenda

May 28, 2025

Agenda

May 21, 2025

Wellness Ridge
Community Development District
219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

Board of Supervisors Wellness Ridge Community Development District

Dear Board Members:

The meeting of the Board of Supervisors of the Wellness Ridge Community Development District will be held Wednesday, May 28, 2025 at 10:30 a.m. at the Cooper Memorial Library, 2525 Oakley Seaver Drive, Clermont, Florida. Following is the advance agenda for the regular meeting:

Roll Call
Public Comment Period
Organizational Matters
Administration of Oath of Office to Barry Bichard
Approval of Minutes of the April 23, 2025 Meeting
Consideration of Resolution 2025-07 Approving the Proposed Fiscal Year 2026 Budget and Setting a Public Hearing
Ratification of Series 2023 Requisition #5 and Series 2024 Requisitions #2 - #4
Consideration of HOA Request for Bulletin Board Placement
Staff Reports
Attorney
Engineer
Discussion of Pending Plat Conveyances
Status of Permit Transfers
Status of Construction Funds & Requisitions
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Presentation of Number of Registered Voters - 381
Field Manager’s Report
Other Business
Supervisor’s Requests
Adjournment

The balance of the agenda will be discussed at the meeting. In the meantime, if you should have any questions, please contact me.

Sincerely,

George S. Flint
George S. Flint District Manager

Cc:	Jan Carpenter, District Counsel John Prowell, District Engineer

Enclosures

Minutes

MINUTES OF MEETING WELLNESS RIDGE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Wellness Ridge Community Development District was held Wednesday, April 23, 2025 at 10:30 a.m. at the Cooper Memorial Library, 2525 Oakley Seaver Drive, Clermont, Florida.

Present and constituting a quorum were:

Adam Morgan	Chairman
Rob Bonin	Vice Chairman by telephone
Brent Kewley	Assistant Secretary
Christopher Forbes	Assistant Secretary Also present were:
George Flint	District Manager
Jay Lazarovich	LLEB
John Prowell	District Engineer by telephone
Alan Scheerer	Field Manager
Robert Szozda	GMS-CF by telephone
Lisa Krivan	Lennar Homes

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Public Comment
There being no comments, the next item followed.

THIRD ORDER OF BUSINESS	Organizational Matters
Acceptance of Resignation of Lane Register and Appointment of Individual to Fill the Board Vacancy with a Term Ending November 2026
*Mr. Bonin joined the meeting by telephone at this item.

On MOTION by Mr. Morgan seconded by Mr. Kewley with all in favor Lane Register’s resignation was accepted.

On MOTION by Mr. Morgan seconded by Mr. Kewley with all in favor Barry Bichard was appointed to serve the unexpired term of office.

Administration of Oath of Office to the Newly Appointed Board Member
Mr. Flint stated Barry isn’t here, but we will make sure he is sworn in before participating in the next meeting.

Consideration of Resolution 2025-06 Electing Officers

On MOTION by Mr. Morgan seconded by Mr. Kewley with all in favor Resolution 2025-06 Electing Officers with Adam Morgan as Chairman, Rob Bonin as Vice Chair, Christopher Forbes, Barry Bichard, and Brent Kewley as Assistant Secretaries, George Flint as Secretary, Jill Burns as Treasurer, and Katie Costa and Darrin Mossing Sr. as Assistant Treasurers, was approved.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the February 26, 2025
Meeting

On MOTION by Mr. Morgan seconded by Mr. Kewley with all in favor the minutes of the February 26, 2025 meeting were approved, as presented.

FIFTH ORDER OF BUSINESS	Consideration of Interlocal Agreement with
City of Clermont Regarding the Funding Operation and Maintenance of Improvements Along Roadway Tracts
Mr. Lazarovich stated this interlocal is similar in form to the initial interlocal we had with the county. We included a dual indemnification. There are a couple items in brackets that are highlighted. In the establishment petition there was no mention on funding, we wanted to request the city reimburse the CDD for all the work on the landscape and sidewalk tracts along the right of ways. We are going to propose it and there will a negotiation on that.
Mr. Forbes asked whose responsibility would those sidewalks fall under?
Mr. Lazarovich stated the city owns the roadways throughout except for Wellness Way, which is the county and a small portion of HOA, which will be replatted to the city. The city should be maintaining it. When the CDD was formed there was a condition in the petition that the CDD will maintain the sidewalks, parkways, along all the right of way tracts. The city reached out to us last month saying it was in the establishment ordinance and now we need to send them

an interlocal agreement. That was one of their conditions to approving. We are going to maintain the parkways along the roadways.
Mr. Flint stated the definition of parkways is the landscaping and sidewalks along the roadways. The roadway right of way includes the sidewalks, the city wants us to maintain the sidewalks.
Mr. Lazarovich stated this was agreed to when the CDD was formed. Mr. Morgan asked what is the definition of maintenance of sidewalks?
Mr. Scheerer stated the safety aspect is what we typically maintain; sidewalks that need pressure washing that front a single-family home under the CC&Rs the cleanliness of the sidewalk would fall to the homeowner or the HOA.

On MOTION by Mr. Morgan seconded by Mr. Kewley with all in favor the interlocal agreement with the City of Clermont regarding the funding operation and maintenance of improvements along roadway tracts was approved in substantially final form.

SIXTH ORDER OF BUSINESS	Ratification of Series 2023 Requisition #4

On MOTION by Mr. Morgan seconded by Mr. Forbes with all in favor requisition #4 from the Series 2023 bonds was ratified.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Lazarovich stated we had a phone call with the county regarding the interlocal agreement along Wellness Way. We made a lot of progress and they said make a few revisions, send it to them and I have followed up twice and have not heard from them.

Engineer
Discussion of Pending Plat Conveyances
Status of Permit Transfers
Status of Construction Funds & Requisitions
There being no comments, the next item followed.

District Manager’s Report
Approval of Check Register
Mr. Flint presented the check register from February 18, 2025 through April 16, 2025 in the amount of $278,693.23.

On MOTION by Mr. Morgan seconded by Mr. Forbes with all in favor the check register was approved.

Balance Sheet and Income Statement
A copy of the financials were included in the agenda package. No Board action was required.
Field Manager’s Report
Mr. Scheerer stated I met with Chris and Zach last week and we will have the budget next month and we wanted to make sure that we captured all the areas Lennar is anticipating being online and in operation by September of next year. I believe it was phases 1, 2, 3, 4 and 6 for next year.
We also had a meeting to discuss some of the hardscape that has come online that is in CDD tracts but have yet to be turned over. Zach is working on a map that will identify all the precast walls. We know about the monumentation off Phase 1A and Phase 2 that is coming online as well as the main entrance off Jumping Jack and we are going to have to add the wells. We will have a meeting and make sure all those things are captured, identified, priced out and added to our insurance., hopefully, within the next 30 days.
Mr. Scheerer then updated the Board on the playground, dog park, and electric meters for monuments.
Mr. Morgan stated we will be stabilizing the pond bottoms with seed and mulch. Mr. Szozda gave an update on the progress of the irrigation rate study.
EIGHTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

NINTH ORDER OF BUSINESS	Supervisor’s Requests
There being no comments, the next item followed.

NINTH ORDER OF BUSINESS	Supervisor’s Requests

On MOTION by Mr. Morgan seconded by Mr. Kewley with all in favor the meeting adjourned at 11:06 a.m.

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section V

RESOLUTION 2025-07
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WELLNESS RIDGE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2025/2026 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 Wellness Ridge 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 2025/2026”); 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 WELLNESS RIDGE COMMUNITY DEVELOPMENT DISTRICT:
PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2025/2026 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:	August 27, 2025
HOUR:	10:30 A.M.
LOCATION:	Cooper Memorial Library
2525 Oakley Seaver Drive Clermont, FL 34711
TRANSMITTAL  OF  PROPOSED  BUDGET  TO  LOCAL  GENERAL
PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to Lake County and City of Clermont 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 28TH DAY OF MAY, 2025.
ATTEST:	WELLNESS RIDGE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairman/Vice Chairman
Exhibit A: Fiscal Year 2025/2026 Proposed Budget

Wellness Ridge
Community Development District

Proposed Budget
FY2026

Table of Contents

1-3	General Fund	

4-8	

General Fund Narrative	

9	

Debt Service Fund Series 2023	

10	

Amortization Schedule Series 2023	

11	

Debt Service Fund Series 2024	

12	

Amortization Schedule Series 2024	

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	4/30/25	5 Months	9/30/25	FY2026	
Revenues						
Assessments	$	822,094	$	719,715	$	102,379	$	822,094	$ 1,328,389	
Boundary Amendment Contributions	$	-	$	1,117	$	-	$	1,117	$	-	
Developer Contributions	$	489,707	$	-	$	-	$	-	$	-	
Intergovernmental Revenue - MSTU	$	-	$	-	$	-	$	-	$	364,260	
Total Revenues	$ 1,311,801	$	720,831	$	102,379	$	823,211	$ 1,692,649	
Expenditures						
Administrative						
Supervisor Fees	$	12,000	$	2,400	$	5,000	$	7,400	$	12,000	
FICA Expenditures	$	918	$	184	$	383	$	566	$	918	
Engineering	$	15,000	$	-	$	6,250	$	6,250	$	15,000	
Attorney	$	25,000	$	9,879	$	10,417	$	20,296	$	25,000	
Annual Audit	$	4,800	$	-	$	4,900	$	4,900	$	6,500	
Assessment Administration	$	5,250	$	5,250	$	-	$	5,250	$	5,408	
Arbitrage	$	450	$	-	$	450	$	450	$	1,350	
Dissemination	$	3,675	$	3,019	$	2,990	$	6,008	$	7,390	
Trustee Fees	$	4,050	$	2,477	$	1,573	$	4,050	$	13,500	
Management Fees	$	42,500	$	24,792	$	17,708	$	42,500	$	43,775	
Information Technology	$	1,890	$	1,103	$	788	$	1,890	$	1,947	
Website Maintenance	$	1,260	$	735	$	525	$	1,260	$	1,298	
Telephone	$	300	$	-	$	125	$	125	$	300	
Postage	$	1,000	$	73	$	417	$	490	$	1,000	
Insurance	$	5,720	$	5,564	$	-	$	5,564	$	7,610	
Printing & Binding	$	1,000	$	30	$	417	$	447	$	1,000	
Legal Advertising	$	10,000	$	293	$	4,500	$	4,793	$	10,000	
Other Current Charges	$	4,250	$	1,036	$	1,771	$	2,807	$	4,250	
Boundary Amendment Expenses	$	-	$	1,117	$	-	$	1,117	$	-	
Office Supplies	$	625	$	1	$	260	$	261	$	625	
Travel Per Diem	$	660	$	-	$	-	$	-	$	660	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total Administrative:	$	140,523	$	58,126	$	58,472	$	116,598	$	159,705	
Operations & Maintenance
Contract Services
Property Insurance	$	-	$	2,431	

$	10,000	

$	12,431	

$	30,000	
Field Management	$	15,750	$	9,188	$	6,563	$	15,750	$	16,223	
Landscape Maintenance	$	584,040	$	80,060	$	67,350	$	147,410	$	669,840	
Landscape Maintenance - MSTU	$	-	$	-	$	-	$	-	$	248,400	
Lake Maintenance	$	2,460	$	-	$	1,025	$	1,025	$	2,460	
Well Maintenance	$	144,000	$	-	$	-	$	-	$	-	
Contract Services Subtotal:	$	746,250	$	91,679	$	84,938	$	176,616	$	966,923	

	Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	4/30/25	5 Months	9/30/25	FY2026	
Repairs & Maintenance
Landscape Replacement	
$	2,500	
$	-	
$	1,042	
$	1,042	
$	2,500	
Irrigation Repairs	$	2,000	$	-	$	833	$	833	$	2,000	
General Repairs & Maintenance	$	2,500	$	-	$	1,042	$	1,042	$	2,500	
Alleyway & Sidewalk Maintenance	$	3,000	$	-	$	1,250	$	1,250	$	5,000	
Signage	$	1,500	$	-	$	625	$	625	$	1,500	
Walls - Repair/Cleaning	$	1,500	$	-	$	625	$	625	$	1,500	
Fencing	$	1,500	$	-	$	625	$	625	$	1,500	
Dog Station/Trash Removal	$	5,000	$	325	$	2,083	$	2,408	$	5,000	
Repairs & Maintenance Subtotal:	$	19,500	$	325	$	8,125	$	8,450	$	21,500	
Utilities
Electric	
$	14,000	
$	7,800	
$	6,600	
$	14,400	
$	26,136	
Water & Sewer	$	20,000	$	143	$	175	$	318	$	20,000	
Streetlights	$	366,528	$	87,649	$	63,000	$	150,649	$	476,268	
Streetlights - MSTU	$	-	$	-	$	-	$	-	$	115,860	
Utilities Subtotal:	$	400,528	$	95,593	$	69,775	$	165,368	$	522,404	
Other
Contingency	
$	5,000	
$	-	
$	2,083	
$	2,083	
$	22,118	
Other Subtotal:	$	5,000	$	-	$	2,083	$	2,083	$	22,118	
						
Total Operations & Maintenance:	$ 1,171,278	$	187,596	$	164,921	$	352,517	$ 1,532,944	
						
Total Expenditures	$ 1,311,801	$	245,722	$	223,393	$	469,115	$ 1,692,649	
						
Excess Revenues/(Expenditures)	$	-	$	475,109	$  (121,014)	$	354,095	$	0	

General Fund - O&M Assessments

Product

Assessable Units

ERU/
Unit

ERU's

Net Assessment

Gross Assessment

Net Per Unit

Gross Per Unit

Phase 1
Townhome 22'	75	0.44	33.00
Townhome 25'	48	0.5	24.00
Single-Family 32'	65	0.64	41.60
Single-Family 40'	130	0.8	104.00
Single-Family 50'	204	1	204.00
Single-Family 60'	20	1.2	24.00
Total Phase 1	542	430.60
Phase 2 & 3
Townhome 22'	66	0.44	29.04
Townhome 25'	50	0.5	25.00
Single-Family 32'	77	0.64	49.28
Single-Family 40'	50	0.8	40.00
Single-Family 41'	19	0.82	15.58
Single-Family 50'	132	1	132.00
Single-Family 60'	33	1.2	39.60
Total Phase 2 & 3	427	330.50
Phase 4 & 6
Townhome 22'	202	0.44	88.88
Single-Family 32'	79	0.64	50.56
Single-Family 40'	61	0.8	48.80
Single-Family 41'	93	0.82	76.26
Single-Family 50'	159	1	159.00
Single-Family 60'	35	1.2	42.00

$	35,739
$	25,992
$	45,052
$	112,631
$	220,929
$	25,992
$	466,333

$	31,450
$	27,075
$	53,369
$	43,319
$	16,873
$	142,954
$	42,886
$	357,927

$	96,256
$	54,756
$	52,850
$	82,588
$	172,194
$	45,486

$	38,020
$	27,651
$	47,928
$	119,820
$	235,030
$	27,651
$	496,099

$	33,457
$	28,803
$	56,776
$	46,085
$	17,950
$	152,079
$	45,624
$	380,773

$	102,400
$	58,251
$	56,223
$	87,860
$	183,185
$	48,389

$476.51	$506.93
$541.50	$576.06
$693.11	$737.35
$866.39	$921.69
$1,082.98	$1,152.11
$1,299.59	$1,382.54

$476.51	$506.93
$541.50	$576.06
$693.11	$737.35
$866.39	$921.69
$888.05	$944.73
$1,082.98	$1,152.11
$1,299.59	$1,382.54

$476.51	$506.93
$693.11	$737.35
$866.39	$921.69
$888.05	$944.73
$1,082.98	$1,152.11
$1,299.59	$1,382.54

Total Phase 4 & 6

629

465.50

$	504,129

$	536,308

Total Assessments

1598

1226.60

$  1,328,389

$  1,413,180

Revenues:

Assessments

The District will levy a non-ad valorem assessment on all of the assessable property within the District in order to pay for the operating expenditures during the fiscal year.

Developer Contributions

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

Intergovernmental Revenue – MSTU

City of Clermont MSTU funding for maintenance of county rights of way per the interlocal agreement.

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, Vanasse Hangen Brustlin, 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, Latham, Luna, Eden & Beaudine LLP. 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 its Series 2023 & 2024 bond issuances as well as one anticipated bond.

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 the Series 2023 & 2024 bond issuances as well as one anticipated bond.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ Series 2023 & 2024 bonds as well as one anticipated bond.

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 with Governmental Management Services-Central Florida, LLC 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.

Website Maintenance

Represents the costs with Governmental Management Services – Central Florida, LLC 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.

Telephone

Telephone and fax machine.

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 with Florida Insurance Alliance.

Printing & Binding

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

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 that do not fit into budgeted administrative line items.

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.

Travel Per Diem

The Board of Supervisors can be reimbursed for travel expenditures related to the conducting of District business.

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:

Contract Services:

Property Insurance

Represents the estimated cost of insuring the District’s property.

Field Management

The District will contract to provide onsite field management of contracts for the District Services such as landscape and lake maintenance. Services to include weekly onsite inspections, meetings with contractors and monitoring of utility accounts.

Amenities Management

The District will contract to provide routine repairs and maintenance on the District’s common areas and amenities.

Landscape Maintenance

The District has contracted with Frank Polly Sod to maintain the landscaping within the common areas of the District after installation of landscape material has been completed. The services include mowing, edging, trimming, weed and disease control, fertilization, pest control, pruning, weeding, mulching, irrigation inspections and litter removal.

Landscape Maintenance – MSTU

Represents landscape maintenance for the county rights of way covered by the City of Clermont’s MSTU interlocal agreement.

Lake Maintenance

The District will contract to maintain the lakes throughout the community that provide stormwater management.

Repairs & Maintenance:

Landscape Replacement

Estimated cost related to the replacement of turf, trees, shrubs, etc.

Irrigation Repairs

To record expenses for repairs to the irrigation system.

General Repairs & Maintenance

Represents estimated cost for repairs and maintenance of various facilities throughout the District.

Alleyway & Sidewalk Maintenance

Represents estimated cost for repairs and maintenance of various alleyways and sidewalks throughout the District.

Signage

Represents estimated cost for repairs and maintenance of various signs throughout the District.

Walls – Repair/Cleaning

Represents estimated cost for repairs and maintenance of various walls throughout the District.

Fencing

Represents estimated cost for repairs and maintenance of various fences throughout the District.

Dog Station/Trash Removals

Represents the estimated costs of purchasing and maintaining dog stations and the associated trash removal.

Utilities:

Electric

Represents the estimated cost for electric utilities of the common areas within the District.

Water & Sewer

Represents the estimated cost for water & sewer utilities of the common areas within the District.

Streetlights

Represents the estimated cost for streetlights within the District.

Landscape Maintenance – MSTU

Represents the estimated costs of streetlights for the county rights of way covered by the City of Clermont’s MSTU interlocal agreement.

Other:

Contingency

Expenditures that the District incurs that do not apply to already budgeted operating and maintenance items.

Wellness Ridge
Community Development District
Proposed Budget
Debt Service Fund Series 2023

Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	4/30/25	5 Months	9/30/25	FY2026	

Revenues						
Assessments	$	527,362	$	512,164	$	15,198	$	527,362	$	527,362	
Prepayments	$	-	$	17,839	$	-	$	17,839	$	-	
Interest	$	15,151	$	12,461	$	5,192	$	17,653	$	8,826	
Carry Forward Surplus	$	217,599	$	218,127	$	-	$	218,127	$	232,747	
Total Revenues	$	760,112	$	760,590	$	20,390	$	780,980	$	768,935	

Expenditures						
Interest - 12/15	$	199,603	$	199,603	$	-	$	199,603	$	196,947	
Principal - 06/15	$	125,000	$	-	$	125,000	$	125,000	$	130,000	
Interest - 06/15	$	199,603	$	-	$	199,603	$	199,603	$	196,947	
Special Call - 8/1	$	-	$	-	$	15,000	$	15,000	$	-
.	
Total Expenditures	$	524,206	$	199,603	$	339,603	$	539,206	$	523,894	

Other Financing Sources/(Uses)						
Transfer In (Out)	$	-	$	(6,431)	$	(2,596)	$	(9,027)	$	-	
Total Other Financing Sources/(Uses)	$	-	$	(6,431)	$	(2,596)	$	(9,027)	$	-	
						
Excess Revenues/(Expenditures)	$	235,906	$	554,556	$	(321,809)	$	232,747	$	245,041	

Interest 12/15/26  $	194,184

Product	
Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Townhome 22'	75	$	40,416	$	539	$	573	
Townhome 25'	48	$	29,393	$	612	$	651	
Single Family 32'	65	$	50,948	$	784	$	834	
Single Family 40'	130	$	127,370	$	980	$	1,042	
Single Family 50'	204	$	249,841	$	1,225	$	1,303	
Single Family 60'	20	$	29,393	$	1,470	$	1,563	
	542	$	527,362			

Wellness Ridge Community Development District Series 2023 Special Assessment Bonds
Amortization Schedule

DATE		BALANCE		PRINCIPAL		INTEREST		TOTAL	
									
12/15/25	$	7,610,000.00	$	-	$	196,946.88	$	521,550.00	
06/15/26	$	7,610,000.00	$	130,000.00	$	196,946.88	$	-	
12/15/26	$	7,480,000.00	$	-	$	194,184.38	$	521,131.25	
06/15/27	$	7,480,000.00	$	135,000.00	$	194,184.38	$	-	
12/15/27	$	7,345,000.00	$	-	$	191,315.63	$	520,500.00	
06/15/28	$	7,345,000.00	$	140,000.00	$	191,315.63	$	-	
12/15/28	$	7,205,000.00	$	-	$	188,340.63	$	519,656.25	
06/15/29	$	7,205,000.00	$	145,000.00	$	188,340.63	$	-	
12/15/29	$	7,060,000.00	$	-	$	185,259.38	$	518,600.00	
06/15/30	$	7,060,000.00	$	155,000.00	$	185,259.38	$	-	
12/15/30	$	6,905,000.00	$	-	$	181,965.63	$	522,225.00	
06/15/31	$	6,905,000.00	$	160,000.00	$	181,965.63	$	-	
12/15/31	$	6,745,000.00	$	-	$	177,865.63	$	519,831.25	
06/15/32	$	6,745,000.00	$	170,000.00	$	177,865.63	$	-	
12/15/32	$	6,575,000.00	$	-	$	173,509.38	$	521,375.00	
06/15/33	$	6,575,000.00	$	180,000.00	$	173,509.38	$	-	
12/15/33	$	6,395,000.00	$	-	$	168,896.88	$	522,406.25	
06/15/34	$	6,395,000.00	$	185,000.00	$	168,896.88	$	-	
12/15/34	$	6,575,000.00	$	-	$	164,156.25	$	518,053.13	
06/15/35	$	6,395,000.00	$	195,000.00	$	164,156.25	$	-	
12/15/35	$	6,395,000.00	$	-	$	159,159.38	$	518,315.63	
06/15/36	$	6,210,000.00	$	205,000.00	$	159,159.38	$	-	
12/15/36	$	6,210,000.00	$	-	$	153,906.25	$	518,065.63	
06/15/37	$	6,015,000.00	$	220,000.00	$	153,906.25	$	-	
12/15/37	$	6,015,000.00	$	-	$	148,268.75	$	522,175.00	
06/15/38	$	5,810,000.00	$	230,000.00	$	148,268.75	$	-	
12/15/38	$	5,810,000.00	$	-	$	142,375.00	$	520,643.75	
06/15/39	$	5,590,000.00	$	240,000.00	$	142,375.00	$	-	
12/15/39	$	5,590,000.00	$	-	$	136,225.00	$	518,600.00	
06/15/40	$	5,360,000.00	$	255,000.00	$	136,225.00	$	-	
12/15/40	$	5,360,000.00	$	-	$	129,690.63	$	520,915.63	
06/15/41	$	5,120,000.00	$	270,000.00	$	129,690.63	$	-	
12/15/41	$	5,120,000.00	$	-	$	122,771.88	$	522,462.50	
06/15/42	$	4,020,000.00	$	280,000.00	$	122,771.88	$	-	
12/15/42	$	4,020,000.00	$	-	$	115,596.88	$	518,368.75	
06/15/43	$	4,020,000.00	$	295,000.00	$	115,596.88	$	-	
12/15/43	$	4,020,000.00	$	-	$	108,037.50	$	518,634.38	
06/15/44	$	4,020,000.00	$	310,000.00	$	108,037.50	$	-	
12/15/44	$	3,710,000.00	$	-	$	99,706.25	$	517,743.75	
06/15/45	$	3,710,000.00	$	330,000.00	$	99,706.25	$	-	
12/15/45	$	3,380,000.00	$	-	$	90,837.50	$	520,543.75	
06/15/46	$	3,380,000.00	$	350,000.00	$	90,837.50	$	-	
12/15/46	$	3,030,000.00	$	-	$	81,431.25	$	522,268.75	
06/15/47	$	3,030,000.00	$	365,000.00	$	81,431.25	$	-	
12/15/47	$	2,665,000.00	$	-	$	71,621.88	$	518,053.13	
06/15/48	$	2,665,000.00	$	385,000.00	$	71,621.88	$	-	
12/15/48	$	2,280,000.00	$	-	$	61,275.00	$	517,896.88	
06/15/49	$	2,280,000.00	$	410,000.00	$	61,275.00	$	-	
12/15/49	$	1,870,000.00	$	-	$	50,256.25	$	521,531.25	
06/15/50	$	1,870,000.00	$	430,000.00	$	50,256.25	$	-	
12/15/50	$	1,440,000.00	$	-	$	38,700.00	$	518,956.25	
06/15/51	$	1,440,000.00	$	455,000.00	$	38,700.00	$	-	
12/15/51	$	985,000.00	$	-	$	26,471.88	$	520,171.88	
06/15/52	$	985,000.00	$	480,000.00	$	26,471.88	$	-	
12/15/52	$	505,000.00	$	-	$	13,571.88	$	520,043.75	
06/15/53	$	505,000.00	$	505,000.00	$	13,571.88	$	518,571.88	
			$	7,735,000.00	$	8,009,969.01	$	15,864,969.01	

Wellness Ridge
Community Development District
Proposed Budget
Debt Service Fund Series 2024

Proposed Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
Description	FY2025	4/30/25	5 Months	9/30/25	FY2026	

Revenues						
Assessments	$	-	$	-	$	186,575	$	186,575	$	485,750	
Interest	$	6,896	$	4,867	$	2,028	$	6,896	$	3,448	
Carry Forward Surplus	$	-	$	-	$	-	$	-	$	189,688	
Total Revenues	$	6,896	$	4,867	$	188,603	$	193,471	$	678,886	

Expenditures						

Interest - 12/15	
$	-	
$	-	
$	-	$	-	$	186,575	
Principal - 06/15	$	-	$	-	$	-	$	-	$	115,000	
Interest - 06/15	$	183,465	$	-	$	183,465	$	183,465	$
.	186,575	
Total Expenditures	$	183,465	$	-	$	183,465	$	183,465	$	488,150	

Other Financing Sources/(Uses)							
Bond Proceeds	$	426,340	$	426,340	$	-	$	426,340	$	-	
Transfer In (Out)	$	(3,782)	$	(2,768)	$	(1,014)	$	(3,782)	$	-	
Total Other Financing Sources/(Uses)	$	422,558	$	423,572	$	(1,014)	$	422,558	$	-	
							
Excess Revenues/(Expenditures)	$	245,988	$	428,440	$	4,124	$	432,563	$	190,736	

Interest 12/15/26  $	184,131

Product	
Assessable Units	Maximum Annual Debt Service	Net Assessment Per Unit	Gross Assessment Per Unit	
Townhome 22'	66	$	42,681	$	647	$	688	
Townhome 25'	50	$	36,744	$	735	$	782	
Single Family 32'	77	$	72,429	$	941	$	1,001	
Single Family 40'	50	$	58,790	$	1,176	$	1,251	
Single Family 41'	19	$	22,899	$	1,205	$	1,282	
Single Family 50'	132	$	194,006	$	1,470	$	1,564	
Single Family 60'	33	$	58,202	$	1,764	$	1,876	
	427	$	485,750			

Wellness Ridge Community Development District Series 2024 Special Assessment Bonds
Amortization Schedule

DATE		BALANCE	PRINCIPAL	INTEREST	TOTAL	

06/15/25	
$	
7,415,000.00	$	
-	$	
183,465.42  $	
-	
12/15/25	$	7,415,000.00	$	-	$	186,575.00  $	370,040.42	
06/15/26	$	7,415,000.00	$	115,000.00  $	186,575.00  $	-	
12/15/26	$	7,300,000.00	$	-	$	184,131.25  $	485,706.25	
06/15/27	$	7,300,000.00	$	115,000.00  $	184,131.25  $	-	
12/15/27	$	7,185,000.00	$	-	$	181,687.50  $	480,818.75	
06/15/28	$	7,185,000.00	$	125,000.00  $	181,687.50  $	-	
12/15/28	$	7,060,000.00	$	-	$	179,031.25  $	485,718.75	
06/15/29	$	7,060,000.00	$	130,000.00  $	179,031.25  $	-	
12/15/29	$	6,930,000.00	$	-	$	176,268.75  $	485,300.00	
06/15/30	$	6,930,000.00	$	135,000.00  $	176,268.75  $	-	
12/15/30	$	6,795,000.00	$	-	$	173,400.00  $	484,668.75	
06/15/31	$	6,795,000.00	$	140,000.00  $	173,400.00  $	-	
12/15/31	$	6,655,000.00	$	-	$	170,425.00  $	483,825.00	
06/15/32	$	6,655,000.00	$	145,000.00  $	170,425.00  $	-	
12/15/32	$	6,510,000.00	$	-	$	166,800.00  $	482,225.00	
06/15/33	$	6,510,000.00	$	155,000.00  $	166,800.00  $	-	
12/15/33	$	6,355,000.00	$	-	$	162,925.00  $	484,725.00	
06/15/34	$	6,355,000.00	$	160,000.00  $	162,925.00  $	-	
12/15/34	$	6,510,000.00	$	-	$	158,925.00  $	481,850.00	
06/15/35	$	6,355,000.00	$	170,000.00  $	158,925.00  $	-	
12/15/35	$	6,355,000.00	$	-	$	154,675.00  $	483,600.00	
06/15/36	$	6,195,000.00	$	180,000.00  $	154,675.00  $	-	
12/15/36	$	6,195,000.00	$	-	$	150,175.00  $	484,850.00	
06/15/37	$	6,025,000.00	$	185,000.00  $	150,175.00  $	-	
12/15/37	$	6,025,000.00	$	-	$	145,550.00  $	480,725.00	
06/15/38	$	5,845,000.00	$	195,000.00  $	145,550.00  $	-	
12/15/38	$	5,845,000.00	$	-	$	140,675.00  $	481,225.00	
06/15/39	$	5,660,000.00	$	205,000.00  $	140,675.00  $	-	
12/15/39	$	5,660,000.00	$	-	$	135,550.00  $	481,225.00	
06/15/40	$	5,465,000.00	$	220,000.00  $	135,550.00  $	-	
12/15/40	$	5,465,000.00	$	-	$	130,050.00  $	485,600.00	
06/15/41	$	5,260,000.00	$	230,000.00  $	130,050.00  $	-	
12/15/41	$	5,260,000.00	$	-	$	124,300.00  $	484,350.00	
06/15/42	$	4,050,000.00	$	240,000.00  $	124,300.00  $	-	
12/15/42	$	4,050,000.00	$	-	$	118,300.00  $	482,600.00	
06/15/43	$	4,050,000.00	$	255,000.00  $	118,300.00  $	-	
12/15/43	$	4,050,000.00	$	-	$	111,925.00  $	485,225.00	
06/15/44	$	4,050,000.00	$	265,000.00  $	111,925.00  $	-	
12/15/44	$	4,050,000.00	$	-	$	105,300.00  $	482,225.00	
06/15/45	$	4,050,000.00	$	280,000.00  $	105,300.00  $	-	
12/15/45	$	3,770,000.00	$	-	$	98,020.00  $	483,320.00	
06/15/46	$	3,770,000.00	$	295,000.00	$	98,020.00  $	-	
12/15/46	$	3,475,000.00	$	-	$	90,350.00  $	483,370.00	
06/15/47	$	3,475,000.00	$	310,000.00	$	90,350.00  $	-	
12/15/47	$	3,165,000.00	$	-	$	82,290.00  $	482,640.00	
06/15/48	$	3,165,000.00	$	325,000.00	$	82,290.00  $	-	
12/15/48	$	2,840,000.00	$	-	$	73,840.00  $	481,130.00	
06/15/49	$	2,840,000.00	$	345,000.00	$	73,840.00  $	-	
12/15/49	$	2,495,000.00	$	-	$	64,870.00  $	483,710.00	
06/15/50	$	2,495,000.00	$	365,000.00	$	64,870.00  $	-	
12/15/50	$	2,130,000.00	$	-	$	55,380.00  $	485,250.00	
06/15/51	$	2,130,000.00	$	385,000.00	$	55,380.00  $	-	
12/15/51	$	1,745,000.00	$	-	$	45,370.00  $	485,750.00	
06/15/52	$	1,745,000.00	$	405,000.00	$	45,370.00  $	-	
12/15/52	$	1,340,000.00	$	-	$	34,840.00  $	485,210.00	
06/15/53	$	1,340,000.00	$	425,000.00	$	34,840.00  $	-	
12/15/53	$	915,000.00	$	-	$	23,790.00  $	483,630.00	
06/15/54	$	915,000.00	$	445,000.00	$	23,790.00  $	-	
12/15/54	$	470,000.00	$	-	$	12,220.00  $	481,010.00	
06/15/55	$	470,000.00	$	470,000.00	$	12,220.00  $	482,220.00	
		$	7,415,000.00  $	7,458,742.92  $	14,873,742.92	

Section VI

WELLNESS RIDGE COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2023
(ASSESSMENT AREA ONE)

(Acquisition and Construction)

The undersigned, a Responsible Officer of the Wellness Ridge Community Development District (the “District”) hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), dated as of March 1, 2023, as supplemented by that certain First Supplemental Trust Indenture dated as of March 1, 2023 (collectively, the “Indenture”) (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 5
Identify Acquisition Agreement, if applicable;
Name of Payee: TraceAir Technologies, Inc.
Amount Payable: $3,352.00
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments): Invoice # 21202
- Gold Scan

Fund or Account and subaccount, if any, from which disbursement to be made:
Series 2023 Acquisition and Construction Account of the Acquisition and Construction Fund.
The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the District,
each disbursement set forth above is a proper charge against the Series 2023 Acquisition and Construction Account;
each disbursement set forth above was incurred in connection with the Cost of the Assessment Area One Project; and
each disbursement represents a Cost of Assessment Area One Project which has not previously been paid.
The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive

payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Originals or copies of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested are on file with the District.
WELLNESS RIDGE COMMUNITY DEVELOPMENT DISTRICT

By:		
Responsible Officer

Date:	

CONSULTING ENGINEER’S APPROVAL FOR
NON-COST OF ISSUANCE OR NON-OPERATING COSTS REQUESTS ONLY
The undersigned Consulting Engineer hereby certifies that this disbursement is for the Cost of the Assessment Area One Project and is consistent with: (i) the Acquisition Agreement; and (ii) the report of the Consulting Engineer, as such report shall have been amended or modified.

4-29-2025

Consulting Engineer

INVOICE
TraceAir Technologies, Inc
1700 Westlake Ave N Ste 200 PMB 2001
Seattle, WA 98109

billing@traceair.net

+1 (206) 437-4290
traceair.net

Lennar Homes:Governmental Management Services - Central Florida, LLC
Bill to
Governmental Management Services - Central Florida, LLC
219 East Livingston St Orlando, FL 32801 USA

Ship to
Wellness Ridge

Invoice details
Invoice no.: 21202
Terms: Net 30
Invoice date: 03/31/2025 Due date: 04/30/2025

#	Date	Product or service	Description		Qty	Rate	Amount	
1.		Gold Scan	03/11/25, 03/25/25		2	$1,676.00	$3,352.00	
				
Total			$3,352.00	

EXHIBIT C FORMS OF REQUISITIONS
WELLNESS RIDGE COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2024
(ASSESSMENT AREA TWO)

(Acquisition and Construction)

The undersigned, a Responsible Officer of the Wellness Ridge Community Development District (the “District”) hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), dated as of March 1, 2023, as supplemented by that certain Second Supplemental Trust Indenture dated as of December 1, 2024 (collectively, the “Indenture”) (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 2
Identify Acquisition Agreement, if applicable;
Name of Payee: Willdan Financial Services
Amount Payable: $795.00
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments): Invoice # 010- 62012 - Authorized Fee
Fund or Account and subaccount, if any, from which disbursement to be made:
Series 2024 Acquisition and Construction Account of the Acquisition and Construction Fund.
The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the District,
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Account;
each disbursement set forth above was incurred in connection with the Cost of the Assessment Area Two Project; and
each disbursement represents a Cost of Assessment Area Two Project which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Originals or copies of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested are on file with the District.
WELLNESS RIDGE COMMUNITY DEVELOPMENT DISTRICT

By:		
Responsible Officer

Date:	

CONSULTING ENGINEER’S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
The undersigned Consulting Engineer hereby certifies that this disbursement is for the Cost of the Assessment Area Two Project and is consistent with: (i) the Acquisition Agreement; and (ii) the report of the Consulting Engineer, as such report shall have been amended or modified.

4-29-2025

Consulting Engineer

C-2

Attn :	George Flint, District Manager	
	Wellness Ridge CDD	
	c/o Governmental Management Services - Central Florida, LLC	
	219 East Livingston Street	
	Orlando, FL 32801	

	
INVOICE # :	010-62012	
INVOICE DATE:	4/16/2025	
PROJECT # :	114106	
TERMS :	NET 30 DAYS	
Customer #:	C60271	

Sent via Email: gflint@gmscfl.com

RE :	Irrigation Rate and Charge Study	
	For Professional Services Rendered through March 2025	

Authorized Fee	$	15,000.00

Fee earned to date	$	795.00

Prior Billings		-	

Invoice Total :	 $	795.00 	

Budget Status	
Original Contract:	
Cost To Date:	
Total Remaining:	

$ 15,000.00
	(795.00)
$ 14,205.00

To pay via ACH:
Bank: BMO Harris Bank / 111 W. Monroe Street, Chicago, IL 60603 Account Name: Willdan
Routing Transit Number: 071000288 / Account #: 4398830

Remit Check To: Willdan Financial Services PO Box 51645, Los Angeles, CA 90051-5945
Questions: (800) 755-6864

EXHIBIT C FORMS OF REQUISITIONS
WELLNESS RIDGE COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2024
(ASSESSMENT AREA TWO)

(Acquisition and Construction)

The undersigned, a Responsible Officer of the Wellness Ridge Community Development District (the “District”) hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), dated as of March 1, 2023, as supplemented by that certain Second Supplemental Trust Indenture dated as of December 1, 2024 (collectively, the “Indenture”) (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 3
Identify Acquisition Agreement, if applicable;
Name of Payee: TraceAir Technologies Inc
Amount Payable: $6,704.00
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments): Invoice # 20426 & 21202 - Gold Scan for Feb & Mar 2025
Fund or Account and subaccount, if any, from which disbursement to be made:
Series 2024 Acquisition and Construction Account of the Acquisition and Construction Fund.
The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the District,
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Account;
each disbursement set forth above was incurred in connection with the Cost of the Assessment Area Two Project; and
each disbursement represents a Cost of Assessment Area Two Project which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Originals or copies of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested are on file with the District.
WELLNESS RIDGE COMMUNITY DEVELOPMENT DISTRICT

By:		
Responsible Officer

Date:	

CONSULTING ENGINEER’S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
The undersigned Consulting Engineer hereby certifies that this disbursement is for the Cost of the Assessment Area Two Project and is consistent with: (i) the Acquisition Agreement; and (ii) the report of the Consulting Engineer, as such report shall have been amended or modified.

4-29-2025

Consulting Engineer

C-2

Lennar Homes:Governmental Management Services - Central Florida, LLC
Bill to
Governmental Management Services - Central Florida, LLC
219 East Livingston St Orlando, FL 32801 USA

Ship to
Wellness Ridge

Invoice details
Invoice no.: 20426
Terms: Net 30
Invoice date: 02/28/2025 Due date: 03/30/2025

#	Date	Product or service	Description		Qty	Rate	Amount	
1.		Gold Scan	2/10/2025, 2/26/2025		2	$1,676.00	$3,352.00	
				
Total			$3,352.00	
				Overdue			
03/30/2025	

Lennar Homes:Governmental Management Services - Central Florida, LLC
Bill to
Governmental Management Services - Central Florida, LLC
219 East Livingston St Orlando, FL 32801 USA

Ship to
Wellness Ridge

Invoice details
Invoice no.: 21202
Terms: Net 30
Invoice date: 03/31/2025 Due date: 04/30/2025

#	Date	Product or service	Description		Qty	Rate	Amount	
1.		Gold Scan	03/11/25, 03/25/25		2	$1,676.00	$3,352.00	
				
Total			$3,352.00	

EXHIBIT C FORMS OF REQUISITIONS
WELLNESS RIDGE COMMUNITY DEVELOPMENT DISTRICT SPECIAL ASSESSMENT BONDS, SERIES 2024
(ASSESSMENT AREA TWO)

(Acquisition and Construction)

The undersigned, a Responsible Officer of the Wellness Ridge Community Development District (the “District”) hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), dated as of March 1, 2023, as supplemented by that certain Second Supplemental Trust Indenture dated as of December 1, 2024 (collectively, the “Indenture”) (all capitalized terms used herein shall have the meaning ascribed to such term in the Indenture):
Requisition Number: 4
Identify Acquisition Agreement, if applicable;
Name of Payee: Latham, Luna, Eden & Beaudine
Amount Payable: $4,681.20
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments): Invoice # 137527 & 139324 - Conveyances/Requisitions for Feb & March 2025
Fund or Account and subaccount, if any, from which disbursement to be made:
Series 2024 Acquisition and Construction Account of the Acquisition and Construction Fund.
The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the District,
each disbursement set forth above is a proper charge against the Series 2024 Acquisition and Construction Account;
each disbursement set forth above was incurred in connection with the Cost of the Assessment Area Two Project; and
each disbursement represents a Cost of Assessment Area Two Project which has not previously been paid.

The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.
The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Originals or copies of the invoice(s) from the vendor of the property acquired or the services rendered with respect to which disbursement is hereby requested are on file with the District.
WELLNESS RIDGE COMMUNITY DEVELOPMENT DISTRICT

By:		
Responsible Officer

Date:	

CONSULTING ENGINEER’S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY
The undersigned Consulting Engineer hereby certifies that this disbursement is for the Cost of the Assessment Area Two Project and is consistent with: (i) the Acquisition Agreement; and (ii) the report of the Consulting Engineer, as such report shall have been amended or modified.

4-29-2025

Consulting Engineer

C-2

Wellness Ridge CDD
219 East Livingston Street Orlando, FL 32801

Matter ID: 10080-004	Conveyances/Requisitions
For Professional Services Rendered:

2/20/2025	JEL	Review title report and continue work on conveyance documents for Phase 2 and email regarding the same	2.00	$590.00	
2/20/2025	KET	Review of email correspondence from counsel for LSMA and review of title work for Phase 2 tracts. Responded to counsel for LSMA regarding same.	0.40	$122.00	
2/20/2025	KET	Assisted in preparing documents for Phase 2 conveyances.	0.60	$183.00	
2/24/2025	JEL	Email with LSMA counsel regarding Phase 2 conveyance	0.10	$29.50	
2/26/2025	KET	Receipt of Partial Release of Mortgage for Phase 1B and Phase 2 tracts.	0.20	$61.00	
Total Professional Services:	3.30	$985.50

For Disbursements Incurred:

2/19/2025	Payment disbursement Fidelity National Title Insurance Company for Title Search on 2/19/25. Invoice 12230407	$300.00	
Total Disbursements Incurred:	$300.00	
Total	$1,285.50	
Previous Balance	$3,096.50	
Total Due	$4,382.00	

Wellness Ridge CDD
219 East Livingston Street Orlando, FL 32801

Matter ID: 10080-004	Conveyances/Requisitions
For Professional Services Rendered:

3/11/2025	JEL	Emails with LSMA counsel regarding conveyance documents for Phase 2A; email to District Engineer regarding status of improvements; email with L. Register and District Engineer regarding turnover.	0.90	$265.50	
3/14/2025	JEL	Email and phone call with L. Register regarding phase 2 conveyance; email to LSMA counsel regarding bill of sale and requisition agreement.	0.50	$147.50	
3/19/2025	JEL	Review District Engineer’s comments to Engineer’s Certificates and emails regarding same; revised Engineer’s Certificates; email with S. Greene regarding conveyance documents; call with Bond Counsel regarding trust indenture and review same.	1.30	$383.50	
3/19/2025	KET	Internal discussion regarding edits to Certificate of the District Engineer.	0.30	$91.50	
3/20/2025	KET	Telephone conference with staff regarding pending tasks and conveyances. Telephone discussion with Lennar representatives regarding same. Internal discussion regarding same.	1.90	$579.50	
3/20/2025	JEL	Review revised District Engineer Certificates and emails regarding same; emails and phone calls with District Engineer and Lennar regarding Phase 2 turnover; emails with LSMA and review revised conveyance documents.	1.90	$560.50	
3/21/2025	JEL	Review title to Phase 2A tracts; emails with LSMA and Lennar regarding revised conveyance documents; continued work on revised District Engineer Certificates and emails regarding same; compile final conveyance documents and email regarding recording deed.	1.30	$383.50	
3/21/2025	ceh	Review and submit Special Warranty Deed for E-Recording	0.20	$26.00	
3/21/2025	KET	Review of email correspondence from LSMA counsel regarding comments to loan documents and responded to same. Telephone discussion with District Manager and Developer regarding Requisition. Email correspondence to District Engineer regarding Certificate for conveyances. Email correspondence with Chairman regarding execution of Bill of Sale for City of Clermont conveyance.	2.10	$640.50	
3/24/2025	JEL	Review recorded deed and email regarding same.	0.10	$29.50	
3/25/2025	JEL	Email to District Engineer regarding exhibit to conveyance documents; email to LSMA regarding original signature pages; email to Vice Chair regarding bill of sale to City of Clermont.	0.40	$118.00	
3/26/2025	JEL	Email with L. Register regarding bill of sale to City; review exhibit from District Engineer and work on executed documents; email to working group regarding executed documents.	0.40	$118.00	
Total Professional Services:	11.30	$3,343.50

For Disbursements Incurred:
3/25/2025	Payment disbursement to Simplifile for recording Special Warranty Deed. Invoice 307686978799SFL.

$52.20

Total Disbursements Incurred:	$52.20

Total	$3,395.70	
Previous Balance	$4,382.00	
Total Due	$7,777.70	

Section VII

From: Stacie Vanderbilt svanderbilt@gmscfl.com 
Subject: Fwd: Bulletin Board Placement - Wellness Ridge
Date: May 22, 2025 at 1:33 PM
To:

Begin forwarded message:

From: Lauren Tuvsjoeen <lauren.tuvsjoeen@troon.com> Subject: Bulletin Board Placement - Wellness Ridge Date: May 20, 2025 at 2:00:26 PM EDT
To: "ascheerer@gmscfl.com" <ascheerer@gmscfl.com>
Cc: Lisa Krivan <lisa.krivan@lennar.com>

Hello Alan,

Please see a5ached photos for bulle<n board loca<on placement at Wellness Ridge. The photos are two angles of the same loca<on, I am reques<ng placement of one bulle<n board. Please let me know if you have any addi<onal ques<ons or if this loca<on is approved.

Kind Regards,

Lauren Tuvsjoeen, LCAM | Community Association Manager

Troon | M. 321.345.1226 lauren.tuvsjoeen@troon.com

Section VIII

Section C

Section 1

Wellness Ridge Community Development District

Summary of Check Register

April 17, 2025 to May 16, 2025

Fund	Date	Check No.'s	Amount

General Fund
4/21/25	161	$	2,163.50	
4/25/25	162	$	8,823.15	
5/14/25	163-165	 $	17,765.17 	
		$	28,751.82	
 Supervisor Fees - April 2025  Adam Morgan	
50091	
$	184.70	
Christopher Forbes	50092	$	184.70	
Brent Kewley	50093	 $	184.70 	
		$	554.10	
	Total Amount	$	29,305.92	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/19/25	PAGE	1
*** CHECK DATES 04/17/2025 - 05/16/2025 ***	WELLNESS RIDGE 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	#
4/21/25 00005	4/11/25 139323	202503 310-51300-31500	*	2,163.50
GENERAL COUNSEL MAR25
LATHAM, LUNA, EDEN & BEAUDINE, LLP	2,163.50 000161
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/25/25 00009	4/22/25 04222025 202504 300-20700-10000	*	8,823.15
FY25 ASSESS TXFER S2023
WELLNESS RIDGE CDD C/O US BANK	8,823.15 000162
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/25 00010	4/20/25 F0000000 202505 320-53800-43100	*	6,505.00 PH1A STREETLIGHTS APR-25
4/20/25 F0000000 202505 320-53800-43100	*	5,185.00 PH1B STREETLIGHTS APR-25
DUKE ENERGY	11,690.00 000163
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/14/25 00001	5/01/25 57	202505 320-53800-34000	*	1,312.50
FIELD MANAGEMENT MAY-25
5/20/25 56	202505 310-51300-34000	*	3,541.67
MANAGEMENT FEES MAY-25
5/20/25 56	202505 310-51300-35200	*	105.00
WEBSITE ADMIN MAY-25
5/20/25 56	202505 310-51300-35100	*	157.50

	5/20/25 56	202505 310-51300-31300			*							597.92		
	5/20/25 56	202505 310-51300-51000			*							.09		
	OFFICE SUPPLIES												
	5/20/25 56	202505 310-51300-42000			*							35.49		
	POSTAGE												
- - - - - - - -	GOVERNMENTAL
- - - - - - - - - - - - - - - - - - - - - - - - -	MANAGEMENT SERVICES-CF
- - - - - - - - - - - -	-	- -	-	-	-	-	-	-	- - - -	5,750.17
- - - - -	000164
- - -	
5/14/25 00013	5/07/25 A0228175 202504 310-51300-49000			*							325.00			

INFO TECHNOLOGY MAY-25
DISSEMINATION SVCS MAY-25

RENTAL BOS MEETING APR-25
LAKE SUMTER STATE COLLEGE	325.00 000165
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	28,751.82
TOTAL FOR REGISTER	28,751.82

WELL WELLNESS RIDGE BOH

Section 2

Wellness Ridge
Community Development District

Unaudited Financial Reporting
April 30,2025

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Debt Service Fund Series 2023	

5	
	Debt Service Fund Series 2024	

6	
	Capital Projects Fund Series 2023	

7	
	Capital Projects Fund Series 2025	

8-9	
	Month to Month	

10	
	Long Term Debt Report	

11	
	Assessment Receipt Schedule	

Combined Balance Sheet April 30, 2025

	General		Debt Service		Capital Projects		Total	
	Fund		Fund		Fund	Governmental Funds	
Assets:									
Cash:									
Operating Account	$	696,308	$	-	$	-	$	696,308	
Investments:									
Series 2023									
Reserve	$	-	$	261,231	$	-	$	261,231	
Revenue	$	-	$	528,742	$	-	$	528,742	
Prepayment	$	-	$	17,846	$	-	$	17,846	
Construction/Acquistion	$	-	$	-	$	7,713	$	7,713	
Series 2024									
Reserve	$	-	$	242,875	$	-	$	242,875	
Revenue	$	-	$	2,099	$	-	$	2,099	
Interest	$	-	$	183,465	$	-	$	183,465	
Construction/Acquistion	$	-	$	-	$	58,863	$	58,863	
Cost of Issuance	$	-	$	-	$	102	$	102	
Due from General Fund	$	-	$	7,967	$	-	$	7,967	
Total Assets	$	696,308	$	1,244,227	$	66,678	$	2,007,213	
Liabilities:									
Accounts Payable	$	325	$	-	$	-	$	325	
Due to Debt Service	$	7,967	$	-	$	-	$	7,967	
Total Liabilites	$	8,292	$	-	$	-	$	8,292	

Fund Balance:									
Restricted:									
Debt Service Series 2023	$	-	$	815,787	$	-	$	815,787	
Debt Service Series 2024	$	-	$	428,440			$	428,440	
Capital Projects Series 2023	$	-	$	-	$	7,713	$	7,713	
Capital Projects Series 2024	$	-	$	-	$	58,965	$	58,965	
Unassigned	$	688,015	$	-	$	-	$	688,015	
Total Fund Balances	$	688,015	$	1,244,227	$	66,678	$	1,998,920	
									
Total Liabilities & Fund Balance	$	696,308	$	1,244,227	$	66,678	$	2,007,213	

Amended	Prorated Budget	Actual	
Budget	Thru 04/30/25	Thru 04/30/25	Variance	

Revenues:		
Assessments - On Roll	$	466,333	$	466,333	$	452,894	$	(13,439)	
Assessments - Direct Bill	$	355,761	$	266,821	$	266,821	$	-	
Boundary Amendment Contributions	$	-	$	-	$	1,117	$	1,117	
Developer Contributions	$	489,707	$	-	$	-	$	-	
Total Revenues:	$	1,311,801	$	733,154	$	720,831	$	(12,323)	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	7,000	$	2,400	$	4,600	
FICA Expenditures	$	918	$	536	$	184	$	352	
Engineering	$	15,000	$	8,750	$	-	$	8,750	
Attorney	$	25,000	$	14,583	$	9,879	$	4,704	
Annual Audit	$	4,800	$	-	$	-	$	-	
Assessment Administration	$	5,250	$	5,250	$	5,250	$	-	
Arbitrage	$	450	$	-	$	-	$	-	
Dissemination	$	3,675	$	2,144	$	3,019	$	(875)	
Trustee Fees	$	4,050	$	2,477	$	2,477	$	-	
Management Fees	$	42,500	$	24,792	$	24,792	$	-	
Information Technology	$	1,890	$	1,103	$	1,103	$	-	
Website Maintenance	$	1,260	$	735	$	735	$	-	
Telephone	$	300	$	175	$	-	$	175	
Postage & Delivery	$	1,000	$	583	$	73	$	510	
Insurance	$	5,720	$	5,720	$	7,995	$	(2,275)	
Printing & Binding	$	1,000	$	583	$	30	$	553	
Legal Advertising	$	10,000	$	5,833	$	293	$	5,541	
Other Current Charges	$	4,250	$	2,479	$	1,036	$	1,443	
Boundary Amendment Expenses	$	-	$	-	$	1,117	$	(1,117)	
Office Supplies	$	625	$	365	$	1	$	364	
Travel Per Diem	$	660	$	385	$	-	$	385	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total Administrative:	$	140,523	$	83,667	$	60,557	$	23,111	

Operations & Maintenance					
Contract Services
Field Management	

$	15,750	

$	9,188	

$	9,188	

$	-	
Landscape Maintenance	$	584,040	$	340,690	$	80,060	$	260,630	
Lake Maintenance	$	2,460	$	1,435	$	-	$	1,435	
Well Maintanence	$	144,000	$	84,000	$	-	$	84,000	
Contract Services Subtotal:	$	746,250	$	435,313	$	89,248	$	346,065	

Amended	Prorated Budget	Actual	
Budget	Thru 04/30/25	Thru 04/30/25	Variance	

Repairs & Maintenance
Landscape Replacement	
$	2,500	
$	1,458	
$	-	
$	1,458	
Irrigation Repairs	$	2,000	$	1,167	$	-	$	1,167	
General Repairs & Maintenance	$	2,500	$	1,458	$	-	$	1,458	
Alleyway & Sidewalk Maintenance	$	3,000	$	1,750	$	-	$	1,750	
Signage	$	1,500	$	875	$	-	$	875	
Walls - Repair/Cleaning	$	1,500	$	875	$	-	$	875	
Fencing	$	1,500	$	875	$	-	$	875	
Dog Station/Trash Removal	$	5,000	$	2,917	$	325	$	2,592	
Repairs & Maintenance Subtotal:	$	19,500	$	11,375	$	325	$	11,050	

Utilities
Electric	

$	14,000	

$	8,167	

$	7,800	

$	366	
Water & Sewer	$	20,000	$	11,667	$	143	$	11,523	
Streetlights	$	366,528	$	213,808	$	87,649	$	126,159	
Utilities Subtotal:	$	400,528	$	233,641	$	95,593	$	138,048	

Other
Contingency	

$	5,000	

$	2,917	

$	-	

$	2,917	
Other Subtotal:	$	5,000	$	2,917	$	-	$	2,917	
					
Total Operations & Maintenance:	$	1,171,278	$	683,246	$	185,165	$	498,080	
					
Total Expenditures:	$	1,311,801	$	766,913	$	245,722	$	521,191	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	475,109		
					
Fund Balance - Beginning	$	-		$	212,906		
					
Fund Balance - Ending	$	-		$	688,015		

Adopted	Prorated Budget	Actual	
Budget	Thru 04/30/25	Thru 04/30/25	Variance	

Revenues:		
Assessments - On Roll	$	527,362	$	512,164	$	512,164	$	-	
Assessments - Prepayment	$	-	$	-	$	17,839	$	17,839	
Interest	$	15,151	$	15,151	$	12,461	$	(2,690)	
Total Revenues	$	542,513	$	527,315	$	542,463	$	15,148	

Expenditures:					
Interest - 12/15	$	199,603	$	199,603	$	199,603	$	(0)	
Principal - 06/15	$	125,000	$	-	$	-	$	-	
Interest - 06/15	$	199,603	$	-	$	-	$	-	
Total Expenditures	$	524,206	$	199,603	$	199,603	$	(0)	
					
Excess (Deficiency) of Revenues over Expenditures	$	18,306	$	342,860			

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	(6,431)	$	(6,431)	
Total Other Financing Sources/(Uses)	$	-	$	-	$	(6,431)	$	(6,431)	
					
Net Change in Fund Balance	$	18,306	$	336,429			
					
Fund Balance - Beginning	$	217,599	$	479,358			
					
Fund Balance - Ending	$	235,906	$	815,787			

Adopted	Prorated Budget	Actual	
Budget	Thru 04/30/25	Thru 04/30/25	Variance	

Revenues:		
Interest	$	-	$	-	$	4,867	$	4,867	
Total Revenues	$	-	$	-	$	4,867	$	4,867	

Expenditures:			
Interest - 6/15	$	-	$	-	$	-	$	-	
Principal - 6/15	$	-	$	-	$	-	$	-	
Interest - 6/15	$	-	$	-	$	-	$	-	
Total Expenditures	$	-	$	-	$	-	$	-	
			
Excess (Deficiency) of Revenues over Expenditures	$	-	$	4,867		

Other Financing Sources/(Uses)			
Bond Proceeds	$	-	$	-	$	426,340	$	426,340	
Transfer In/(Out)	$	-	$	-	$	(2,768)	$	(2,768)	
Total Other Financing Sources/(Uses)	$	-	$	-	$	423,572	$	423,572	
			
Net Change in Fund Balance	$	-	$	428,440		
			
Fund Balance - Beginning	$	-	$	-		
			
Fund Balance - Ending	$	-	$	428,440		

Revenues:

Interest	

$	

-	$	

-	$	339	

$	339	
Total Revenues	$	-	$	-	$	339	$	339	

Expenditures:

Capital Outlay	

$	

-	$	

-	$	10,020	

$	(10,020)	
Total Expenditures	$	-	$	-	$	10,020	$	(10,020)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(9,681)		

Other Financing Sources/(Uses)

Transfer In/(Out)	

$	

-	$	

-	$	6,431	

$	6,431	
Total Other Financing Sources/(Uses)	$	-	$	-	$	6,431	$	6,431	
					
Net Change in Fund Balance	$	-	$	(3,251)		
					
Fund Balance - Beginning	$	-	$	10,963		
					
Fund Balance - Ending	$	-	$	7,713		

Revenues:					
Interest	$	-	$	-	$	67,692	$	67,692	
Total Revenues	$	-	$	-	$	67,692	$	67,692	

Expenditures:					
Capital Outlay - Construction	$	-	$	-	$	6,617,318	$	(6,617,318)	
Capital Outlay - Cost of Issuance	$	-	$	-	$	382,836	$	(382,836)	
Total Expenditures	$	-	$	-	$	7,000,154	$	(7,000,154)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(6,932,462)		

Other Financing Sources/(Uses)					
Bond Proceeds	$	-	$	-	$	6,988,660	$	6,988,660	
Transfer In/(Out)	$	-	$	-	$	2,768	$	2,768	
Total Other Financing Sources/(Uses)	$	-	$	-	$	6,991,428	$	6,991,428	
					
Net Change in Fund Balance	$	-	$	58,965		
					
Fund Balance - Beginning	$	-	$	-		
					
Fund Balance - Ending	$	-	$	58,965		

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

Revenues:		
Assessments - On Roll	$	-	$	25,103	$	399,883	$	6,045	$	7,015	$	7,802	$	7,045	$	-  $	-  $	-  $	-  $	-  $  452,894	
Assessments - Direct Bill	$	177,880	$	-	$	-	$	-	$	88,940	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $  266,821	
Boundary Amendment Contributions	$	-	$	59	$	820	$	59	$	-	$	179	$	-	$	-  $	-  $	-  $	-  $	-  $	1,117	
Developer Contributions	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Total Revenues:	$	177,880	$	25,162	$	400,702	$	6,104	$	95,955	$	7,981	$	7,045	$	-	$	-	$	-	$	-	$	-	$  720,831	

Expenditures:									
General & Administrative:									
Supervisor Fees	$	-	$	-	$	-	$	1,000	$	-	$	800	$	600	$	-  $	-  $	-  $	-  $	-  $	2,400	
FICA Expenditures	$	-	$	-	$	-	$	77	$	-	$	61	$	46	$	-  $	-  $	-  $	-  $	-  $	184	
Engineering	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Attorney	$	418	$	646	$	555	$	1,704	$	4,392	$	2,164	$	-	$	-  $	-  $	-  $	-  $	-  $	9,879	
Annual Audit	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Assessment Administration	$	5,250	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	5,250	
Arbitrage	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Dissemination	$	306	$	306	$	306	$	306	$	598	$	598	$	598	$	-  $	-  $	-  $	-  $	-  $	3,019	
Trustee Fees	$	2,477	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	2,477	
Management Fees	$	3,542	$	3,542	$	3,542	$	3,542	$	3,542	$	3,542	$	3,542	$	-  $	-  $	-  $	-  $	-  $	24,792	
Information Technology	$	158	$	158	$	158	$	158	$	158	$	158	$	158	$	-  $	-  $	-  $	-  $	-  $	1,103	
Website Maintenance	$	105	$	105	$	105	$	105	$	105	$	105	$	105	$	-  $	-  $	-  $	-  $	-  $	735	
Telephone	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Postage & Delivery	$	4	$	25	$	-	$	1	$	40	$	-	$	3	$	-  $	-  $	-  $	-  $	-  $	73	
Insurance	$	7,995	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	7,995	
Printing & Binding	$	-	$	6	$	-	$	-	$	18	$	6	$	-	$	-  $	-  $	-  $	-  $	-  $	30	
Legal Advertising	$	293	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	293	
Other Current Charges	$	41	$	41	$	41	$	283	$	219	$	43	$	369	$	-  $	-  $	-  $	-  $	-  $	1,036	
Boundary Amendment Expenses	$	59	$	820	$	59	$	91	$	89	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	1,117	
Office Supplies	$	0	$	0	$	-	$	0	$	0	$	-	$	0	$	-  $	-  $	-  $	-  $	-  $	1	
Travel Per Diem	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Dues, Licenses & Subscriptions	$	175	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	175	
Total Administrative:	$	20,822	$	5,648	$	4,765	$	7,266	$	9,160	$	7,476	$	5,420	$	-  $	-  $	-  $	-  $	-  $	60,557	

Operations & Maintenance									
Contract Services
Field Management	

$	1,313	

$	1,313	

$	1,313	

$	1,313	

$	1,313	

$	1,313	

$	1,313	

$	-  $	-  $	-  $	-  $	-  $	9,188	
Landscape Maintenance	$	12,865	$	10,845	$	10,470	$	10,470	$	10,470	$	11,470	$	13,470	$	-  $	-  $	-  $	-  $	-  $	80,060	
Lake Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Well Maintenance	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-  $	-  $	-  $	-  $	-  $	-	
Contract Services Subtotal:	$	14,178	$	12,158	$	11,783	$	11,783	$	11,783	$	12,783	$	14,783	$	-  $	-  $	-  $	-  $	-  $	89,248	

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

Repairs & Maintenance
Landscape Replacement	

$	

-  $		

-  $	-  $		

-  $	-  $	

-  $	-  $		

-  $	-  $		

-  $	

-  $	

-  $	-	
Irrigation Repairs	$	-  $		-  $	-  $		-  $	-  $	-  $	-  $		-  $	-  $		-  $	-  $	-  $	-	
General Repairs & Maintenance	$	-  $		-  $	-  $		-  $	-  $	-  $	-  $		-  $	-  $		-  $	-  $	-  $	-	
Alleyway & Sidewalk Maintenance	$	-  $		-  $	-  $		-  $	-  $	-  $	-  $		-  $	-  $		-  $	-  $	-  $	-	
Signage	$	-  $		-  $	-  $		-  $	-  $	-  $	-  $		-  $	-  $		-  $	-  $	-  $	-	
Walls - Repair/Cleaning	$	-  $		-  $	-  $		-  $	-  $	-  $	-  $		-  $	-  $		-  $	-  $	-  $	-	
Fencing	$	-  $		-  $	-  $		-  $	-  $	-  $	-  $		-  $	-  $		-  $	-  $	-  $	-	
Dog Station/Trash Removal	$	-  $		-  $	-  $		-  $	-  $	-  $	325  $		-  $	-  $		-  $	-  $	-  $	325	
Repairs & Maintenance Subtotal:	$	-  $		-  $	-  $		-  $	-  $	-  $	325  $		-  $	-  $		-  $	-  $	-  $	325	

Utilities															
Electric	$	895  $	1,003  $	1,113  $	1,366  $	1,025  $	1,098  $	1,301  $	-  $	-  $	-  $	-  $	-  $	7,800	
Water & Sewer	$	9  $	9  $	10  $	52  $	33  $	10  $	21  $	-  $	-  $	-  $	-  $	-  $	143	
Streetlights	$	12,491  $	12,311  $	12,486  $	12,609  $	12,836  $	12,363  $	12,553  $	-  $	-  $	-  $	-  $	-  $	87,649	
Utilities Subtotal:	$	13,395  $	13,322  $	13,609  $	14,027  $	13,894  $	13,471  $	13,874  $	-  $	-  $	-  $	-  $	-  $	95,593	

Other
Contingency	

$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
Other Subtotal:	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-	
			
Total Operations & Maintenance:	$	27,572  $	25,480  $	25,392  $	25,810  $	25,676  $	26,253  $	28,982  $	-  $	-  $	-  $	-  $	-  $  185,165	
			
Total Expenditures:	$	48,394  $	31,128  $	30,157  $	33,076  $	34,836  $	33,730  $	34,401  $	-  $	-  $	-  $	-  $	-  $  245,722	
			
Excess Revenues (Expenditures)	$	129,486  $	(5,966)  $	370,545  $	(26,971)  $	61,119  $	(25,749)  $	(27,356)  $	-  $	-  $	-  $	-  $	-  $  475,109	

Wellness Ridge
Community Development District Long Term Debt Report

SERIES 2023, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATES:	4.250%, 5.125%, 5.375%		
MATURITY DATE:	6/15/2053		
OPTIONAL REDEMPTION DATE: RESERVE FUND DEFINITION
RESERVE FUND REQUIREMENT	6/15/2033
50% MAXIMUM ANNUAL DEBT SERVICE
$261,231		
RESERVE FUND BALANCE	$261,231		
BONDS OUTSTANDING - 04/20/23		$7,855,000	
(LESS: PRINCIPAL PAYMENT - 06/15/24)		($120,000)	
CURRENT BONDS OUTSTANDING		$7,735,000	

SERIES 2024, SPECIAL ASSESSMENT REVENUE BONDS	
INTEREST RATES:	4.250%, 5.000%, 5.200%		
MATURITY DATE:	6/15/2055		
OPTIONAL REDEMPTION DATE: RESERVE FUND DEFINITION
RESERVE FUND REQUIREMENT	12/15/2034
50% MAXIMUM ANNUAL DEBT SERVICE
$242,875		
RESERVE FUND BALANCE	$242,875		
BONDS OUTSTANDING - 12/18/24		$7,415,000	
CURRENT BONDS OUTSTANDING		$7,415,000	

Wellness Ridge
Community Development District Special Assessment Receipt Schedule Fiscal Year 2025

Gross Assessments $

496,099.32  $

561,023.68

$  1,057,123.00

Net Assessments	$  466,333.36	$	527,362.26	$	993,695.62	
	46.93%	53.07%	100.00%	

ON ROLL ASSESSMENTS

Date	
Distribution	
Distribution Period	
Gross Amount	
Commissions	
Discount/Penalty	
Interest	
Net Receipts	
O&M Portion	Series 2023 Debt Service	
Total	

11/14/24	
ACH	
10/01-10/31/24	
$3,179.05	
($61.04)	
($127.16)	
$0.00	
$2,990.85	
$1,403.58	
$1,587.27	
$2,990.85	
11/14/24	ACH	10/01-10/31/24	$2,811.15	($53.97)	($112.45)	$0.00	$2,644.73	$1,241.15	$1,403.58	$2,644.73	
11/21/24	ACH	11/01-11/10/24	$14,957.15	($287.18)	($598.29)	$0.00	$14,071.68	$6,603.73	$7,467.95	$14,071.68	
11/21/24	ACH	11/01-11/10/24	$13,226.25	($253.95)	($529.09)	$0.00	$12,443.21	$5,839.50	$6,603.71	$12,443.21	
11/25/24	ACH	11/11-11/17/24	$12,038.70	($231.14)	($481.57)	$0.00	$11,325.99	$5,315.20	$6,010.79	$11,325.99	
11/25/24	ACH	11/11-11/17/24	$10,645.50	($204.39)	($425.86)	$0.00	$10,015.25	$4,700.08	$5,315.17	$10,015.25	
12/11/24	ACH	11/18-11/30/24	$409,806.17	($7,868.55)	($16,393.25)	$0.00	$385,544.37	$180,932.87	$204,611.50	$385,544.37	
12/11/24	ACH	11/18-11/30/24	$463,437.33	($18,537.83)	($8,897.99)	$0.00	$436,001.51	$204,612.00	$231,389.51	$436,001.51	
12/27/24	ACH	12/1-12/14/24	$15,207.87	($577.92)	($292.61)	$0.00	$14,337.34	$6,728.40	$7,608.94	$14,337.34	
12/27/24	ACH	12/1-12/14/24	$17,198.13	($653.55)	($330.89)	$0.00	$16,213.69	$7,608.95	$8,604.74	$16,213.69	
01/23/25	ACH	12/15-12/31/24	$6,359.65	($190.78)	($123.37)	$0.00	$6,045.50	$2,837.10	$3,208.40	$6,045.50	
01/23/25	ACH	12/15-12/31/24	$7,191.95	($215.78)	($139.52)	$0.00	$6,836.65	$3,208.38	$3,628.27	$6,836.65	
02/11/25	ACH	01/01-01/31/25	$7,304.39	($146.08)	($143.17)	$0.00	$7,015.14	$3,292.15	$3,722.99	$7,015.14	
02/11/25	ACH	01/01-01/31/25	$8,260.31	($165.19)	($161.91)	$0.00	$7,933.21	$3,722.99	$4,210.22	$7,933.21	
03/14/25	ACH	02/01-02/28/25	$9,094.16	($180.06)	($90.94)	$0.00	$8,823.16	$4,140.64	$4,682.52	$8,823.16	
03/14/25	ACH	02/01-02/28/26	$8,041.74	($159.23)	($80.42)	$0.00	$7,802.09	$3,661.46	$4,140.63	$7,802.09	
04/30/25	ACH	03/01-03/31/25	$8,130.02	$0.00	($162.60)	$0.00	$7,967.42	$3,739.05	$4,228.37	$7,967.42	
04/30/25	ACH	03/01-03/31/25	$7,189.18	$0.00	($143.78)	$0.00	$7,045.40	$3,306.35	$3,739.05	$7,045.40	
		TOTAL	$	1,024,078.70	$	(29,786.64)	$	(29,234.87)	$	-	$	965,057.19	$  452,893.58	$	512,163.61	$	965,057.19	

97%
$	28,638.43

Net Percent Collected Balance Remaining to Collect

DIRECT BILL ASSESSMENTS

Lennar Homes LLC 2024-01			
Net Assessments	
$355,760.86	
$355,760.86	
Date
Received	Due
Date	Check
Number	
Net Assessed	Amount
Received	Operations &
Maintenance	
10/30/24	11/1/24	2329777	$177,880.43	$177,880.93	$177,880.93	
2/12/25	2/1/25	2383802	$88,940.22	$88,940.22	$88,940.22	
	5/1/25		$88,940.22			
			$355,760.87	$266,821.15	$266,821.15	

Section 3

www.lakevotes.gov

1898 E. Burleigh Blvd.•  P.O. Box 457 •  Tavares, FL 32778 P 352-343-9734  F 352-343-3605  E  Hays@lakevotes.gov

April 24, 2025

Stacie Vanderbilt, Recording Secretary 219 E. Livingston St.
Orlando FL 32801

Re: District Counts

The number of registered voters within the Wellness Ridge Community Development District as of April 15, 2025 is 381.

If we may be of further assistance, please contact this office.

Sincerely,

Alan Hays
Lake County Supervisor of Elections

RECEIVED
APR 2 8 2015
GMS-CF,LLC

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