Bainebridge Community Development District

Board of Supervisors’ Meeting April 21, 2022

District Office: 2806 N. Fifth Street Unit 403
St. Augustine, FL 32084

www.bainebridgecdd.org

BAINEBRIDGE COMMUNITY DEVELOPMENT DISTRICT

Rizzetta & Company, Inc., 2806 North Fifth Street, Unit 403, St Augustine, FL 32094

Board of Supervisors	William Huff	Chairman	
	Samuel Helms	Vice Chairman	
	Alton Mabb	Assistant Secretary	
	Wally David	Assistant Secretary	
	Charles Straw	Assistant Secretary	

District Manager	
Lesley Gallagher	
Rizzetta & Company, Inc.	
District Counsel	Katie Buchanan	Kutak Rock, LLP	
District Engineer	Vince Dunn	Dunn & Associates	

All cellular phones must be placed on mute while in the meeting room.

The first section of the meeting is called Audience Comments, which is the portion of the agenda where individuals may make comments on Agenda Items. The final section of the meeting will provide an additional opportunity for Audience Comments on other matters of concern that were not addressed during the meeting. Individuals are limited to a total of three (3) minutes to make comments during these times.

Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this meeting/hearing/workshop is asked to advise the District Office at least forty-eight (48) hours before the meeting/hearing/workshop by contacting the District Manager at (904) 436-6270. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY)
1-800-955-8770 (Voice), who can aid you in contacting the District Office.

A person who decides to appeal any decision made at the meeting/hearing/workshop with respect to any matter considered at the meeting/hearing/workshop is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made including the testimony and evidence upon which the appeal is to be based.

April 14, 2022
Board of Supervisors Bainebridge Community Development District

Dear Board Members:

The regular meeting of the Bainebridge Community Development District will be held on Thursday, April 21, 2022 at 6:00 p.m. at the Bainebridge Amenity Center, located at 15855 Twin Creek Drive, Jacksonville, Florida 32218. The following is the agenda for this meeting.

CALL TO ORDER/ROLL CALL
PLEDGE OF ALLEGIANCE
AUDIENCE COMMENTS ON AGENDA ITEMS
BUSINESS ADMINISTRATION
Consideration of the Minutes of the Board of Supervisors’ Special
Meeting held February 24, 2022	Tab 1
Ratification of the Operation and Maintenance Expenditures for
February 2022	Tab 2
STAFF REPORTS
District Counsel
District Engineer
Acceptance of Annual Engineer’s Report	Tab 3
Amenity Manager
Field Inspection Report	Tab 4
Landscape Manager	Tab 5
Consideration of Landscape Enhancement Proposals	Tab 6
District Manager
Charles Aquatics Pond Report	Tab 7
BUSINESS ITEMS
Consideration of Proposal for Surveillance System’s Extended Warranty	Tab 8
Consideration of Pressure Washing Proposal	Tab 9
Discussion Regarding Facility Restroom Doors
Presentation of Proposed Budget for Fiscal Year 2022/2023	Tab 10
Consideration of Resolution 2022-03, Approving Fiscal Year 2022/2023 Proposed Budget and Setting the
Public Hearing on the Final Budget	Tab 11
Presentation of Audit for Fiscal Year Ended 9-30-21	Tab 12
AUDIENCE COMMENTS AND SUPERVISOR REQUESTS
ADJOURNMENT

I look forward to seeing you at the meeting. In the meantime, if you have any questions, please do not hesitate to contact me at (904) 436-6270.

Very truly yours, Lesley Gallagher Lesley Gallagher District Manager
Bainebridge Community Development District

Tab 1

1
2	MINUTES OF MEETING
3
Each person who decides to appeal any decision made by the Board with respect to any matter
considered at the meeting is advised that the person may need to ensure that a verbatim record
of the proceedings is made, including the testimony and evidence upon which such appeal is to
be based.
8
9	BAINEBRIDGE
10	COMMUNITY DEVELOPMENT DISTRICT
11
The special meeting of the Board of Supervisors of Bainebridge Community Development
District was held on Thursday, February 24, 2022 at 6:00 p.m. at the Bainebridge Amenity
Center, located at 15855 Twin Creek Drive, Jacksonville, Florida 32218.
15
16	Present and constituting a quorum:
17
William Huff II	Board Supervisor, Chairman
Samuel Helms	Board Supervisor, Vice Chairman
Alton Mabb	Board Supervisor, Assistant Secretary
Wally David	Board Supervisor, Assistant Secretary
22
23	Also present were:
24
Lesley Gallagher	District Manager, Rizzetta & Company, Inc.
Katie Buchanan	District Counsel, Kutak Rock, LLC (via speaker phone)
Tony Shiver	President, First Coast CMS
Andrew Dorich	Operations Mgr. North Region First Coast CMS
Chris Ernst	Account Manager, BrightView Landscaping (via speaker
phone)
Brian Jones	Alpha Dog
Det. Michael Tomberg	Jacksonville Sheriff’s Office
33
34	Audience members present.
35
36
37  FIRST ORDER OF BUSINESS	Call to Order
38
39  Mr. Huff called the meeting to order at 6:02 p.m. and read the roll call.
40
41  SECOND ORDER OF BUSINESS	Pledge of Allegiance
42
43  Mr. Mabb led the pledge of allegiance.
44
THIRD ORDER OF BUSINESS	Audience Comments on Agenda
Items

47
48  No audience comments on agenda items.
49
50
FOURTH ORDER OF BUSINESS	Consideration of the Minutes of the
Board of Supervisors Regular Meeting
held on January 20, 2022

On a motion by Mr. David, seconded by Mr. Helms, with all in favor, the Board approved the Minutes of the Board of Supervisors Regular Meeting held on January 20, 2022 for Bainebridge Community Development District.

54

55
FIFTH ORDER OF BUSINESS	Ratification of the Operation and
Maintenance Expenditures for October
2021 and November 2021

On a motion by Mr. David, seconded by Mr. Straw, with all in favor, the Board ratified the Operation and Maintenance Expenditures for December 2021 in the amount of $22,245.35 and January 2022 in the amount of $25,084.87 for Bainebridge Community Development District.

59

60
61  SIXTH ORDER OF BUSINESS	Staff Reports
62
A.	District Counsel
1.)	Consideration of Kutak Rock LLP Retention and Fee Agreement

On a motion by Mr. David, seconded by Mr. Helms, with all in favor, the Board accepted the Kutak Rock LLP Retention and Fee Agreement for Bainebridge Community Development District.

65

66
67	B.	District Engineer
68
69	The District Engineer was not requested to attend.
70
C.	Amenity Report
Mr. Shiver updated the Board that he would be purchasing amenity and janitorial
supplies in bulk proactively due to increased supply chain concerns and the swim
season approaching. Mr. Shiver also updated the Board that he was waiting for
both the new treadmill and marquee sign to ship.
76
Discussion ensued regarding the restroom doors being open during the day at the
facility without use of an access card. No further action was taken at that time with
the direction being to include the discussion for the April meeting agenda and to
take resident feedback at that time.
81

D.	Field Services Manager
1.)	Field Services Inspection Report dated February 1, 2022.
Mr. Liggett was not present to review the report, Ms. Gallagher noted that she
would relay questions from the Board to Mr. Liggett outside of the meeting. There
were no questions, but it was noted that there were two areas on the report (JEA lift
station and area beyond Twin Creek Drive) that are not part of the CDD landscape
scope.
90
E.	Landscape Manager Report
Mr. Ernst updated the Board that the turf was scheduled for treatment March 3rd. It
was also requested that they inspect the irrigation once the marquee sign is
installed to make sure that it is not directed at the sign.
95
F.	District Manager Report
Ms. Gallagher reviewed a proposal from Charles Aquatics for the installation of two
aluminum fish barriers to the outflow structures in ponds 17 and 18 in the amount of
99	$427.95.

On a motion by Mr. David, seconded by Mr. Mabb, with all in favor, the Board approved the Charles Aquatics proposal for two fish barriers in for Bainebridge Community Development District.

100

101
102  SEVENTH ORDER OF BUSINESS	Consideration	of	Security/Access
103			Control  Proposals  (under  separate	
104			cover)	
105	1.)	JSO Off Duty Officers		
106	2.)	Alpha Dog		
107				
	On a motion by Mr. Helms, seconded by Mr. David, with all in favor, the Board moved
into the closed section of the meeting to discuss the District’s security plans for Bainebridge Community Development District.	
108
109	Audience Members exited the meeting room.
110
Mr. Jones from Alpha Dog presented his proposal for monitored voice down
security cameras as well as a proposal for a new access card system. Detective
Tomberg reviewed the proposal for off duty deputies with the Jacksonville
Sherriff’s Office.	Discussion ensued regarding the warranty on the access
system, contractual obligation required for Alpha Dog and JSO response times.

On a motion by Mr. Helms, seconded by Mr. David, with all in favor, the Board approved
a not to exceed amount of $6,300 for the Alpha Dog access control system contingent on a three year warranty as well as the ongoing monthly expense of $110 for Bainebridge Community Development District.

On a motion by Mr. Mabb, seconded by Mr. David, with all in favor, the Board approved Option Number Two of the proposal from Jacksonville Sheriff’s Office with a monthly expense of
$2,310 for the months of April, May, June and July for Bainebridge Community Development District.

118

119
120	The meeting was reopened to the public.
121
EIGHTH ORDER OF BUSINESS	Consideration of Proposal(s) for Pool
Beam Repairs (under separate cover)

This item was tabled.

NINTH ORDER OF BUSINESS	Supervisor Requests and Audience
Comments

No supervisors comments.

No audience present.

TENTH ORDER OF BUSINESS	Adjournment

On a motion by Mr. Mabb, seconded by Mr. David, with all in favor, the Board adjourned the meeting at 7:42 p.m. for Bainebridge Community Development District.

139 			
140  Secretary/Assistant Secretary	Chairman/Vice Chairman
141
142

Tab 2

BAINEBRIDGE COMMUNITY DEVELOPMENT DISTRICT

DISTRICT OFFICE · ST. AUGUSTINE, FLORIDA 32084
MAILING ADDRESS · 3434 COLWELL AVENUE, SUITE 200 · TAMPA, FLORIDA 33614 WWW.BAINEBRIDGECDD.ORG

Operation and Maintenance Expenditures February 2022
Presented For Board Approval

Attached please find the check register listing the Operation and Maintenance expenditures paid from February 1, 2022 through February 28, 2022. This does not include expenditures previously approved by the Board.

The total items being presented: $15,788.63

Approval of Expenditures:

	 Chairperson

	 Vice Chairperson

	 Assistant Secretary

BAINEBRIDGE COMMUNITY DEVELOPMENT DISTRICT
Paid Operation & Maintenance Expenditures
February 1, 2022 Through February 28, 2022

Vendor Name	 Check Number Invoice Number	 Invoice Description	  Invoice Amount

BrightView Landscape Services, Inc.	003672	7722894	Landscape Maintenance 02/22 Quarterly Fountain Maintenance	$	3,002.00	
Charles Aquatics, Inc.	003674	44388	02/22
Monthly Aquatic Management - 20	$	125.00	
Charles Aquatics, Inc.	003674	44415	Ponds 02/22	$	665.00	
Comcast	2022-02-01	8495741202010530	Amenity Cable/Phone/Internet 02/22	$	339.42	
Financial News & Daily Record First Coast Contract Maintenance	003671	Ad #22-00867D 02/10/22	Legal Advertising 02/22 Monthly Pool, Janitorial &	$	123.50	
Service LLC	003675	6356
65-8016515152-1 Sales	Maintenance 02/22	$	4,154.95	
Florida Department of Revenue	003670	and Use Tax 01/22	Sales And Use Tax - 01/22 15855 Twin Creek Dr/15700	$	15.70	
JEA	2022-02-02	4849510511	1/22	Bainbridge Dr 01/22	$	1,992.69	
Kutak Rock LLP NewAgeTutors LLC DBA	003673	2979537		Legal Services 12/21	$	223.43	
VGlobalTech	003676	3545		Website ADA Compliance 02/22	$	250.00	

Republic Services of Florida	
2022-02-03	
0687-001197673	
Waste Disposal Services 02/22	
$	174.77	
Rizzetta & Company, Inc.	003669	INV0000065355	District Management Fees 02/22	$	4,722.17	

Report Total				
$	15,788.63	

Tab 3

Dunn & Associates, Inc.
CIVIL ENGINEERS / LAND PLANNERS
8647 Baypine Road, Suite 200 Jacksonville, Florida 32256
Phone: (904) 363-8916	Fax: (904) 363-8917

April 1, 2022

Leslie Gallagher, District Manager Bainebridge Community Development District 2806 N. Fifth Street, Unit 403
St. Augustine, FL 32084

PROJECT: Bainebridge Community Development District DAI Project No. 1311-370
SUBJECT: Consulting Engineer’s Report 2022

Dear Ms. Gallagher:

In accordance with Section 9.21 of the Master Trust Indenture for the Bainebridge Community Development District (“District”), Dunn & Associates, Inc., the District Engineer, has reviewed the portion of the Project (as defined in the Indenture) owned by the District, and such portion appears to have been maintained in good repair, working order and condition.

We have reviewed the fiscal year 2021/2022 budget and it appears to be sufficient, in our opinion, to provide for operation and maintenance of the portion of the Project owned by the District.

In accordance with Section 9.14 of the Master Trust Indenture, Dunn & Associates, Inc. has reviewed the property schedule stating the current limits of insurance coverage and the policy appears to adequately cover the value of the District owned improvements.

Should you have any questions or comments related to the information provided in this report, please do not hesitate to contact our office.

Sincerely,

Dunn & Associates, Inc.

David M. Taylor, P.E. Vice President

Dunn & Associates, Inc.	
CIVIL ENGINEERS / LAND PLANNERS	
8647 Baypine Rd., Suite 200 Jacksonville, Florida 32256	
Phone: (904) 363-8916	Fax: (904) 363-8917	

Memorandum

TO: Bainebridge CDD
FROM: Dunn & Associates, Inc. Date: April 1, 2022
RE: Site Inspection on January 14, 2022

During our site inspection the following items needing attention were noted:

Amenity Center

Trip hazard – fill in area with stone.

SWMF 1:

Nothing to report.

SWMF 2:

Clear debris from trash bars in control structure.		

SWMF 3:

Clear vegetation from in front of control structure.  Spray for algae.  This could impede the bleed
down pipe and raise the pond level, reducing flood storage. Same report as 2021.	

SWMF 4:
Nothing to report.

SWMF 5:

Clear debris from trash bars.	

SWMF 6:

Remove fallen tree from pond.		

Clear debris from concrete ditch paving.	Algae haze starting to form across water.
Spray for Algae.	

SWMF 7:

Remove debris from bleed down pipe.	Channel in front of concrete weir needs to be
desilted to function properly. Same report as 2021.	
SWMF 8:

Remove tree from pond.	

SWMF 9:

Channel in front of concrete weir needs to be desilted to function properly. Same report as 2021.	

SWMF 10:

Remove vegetation from concrete ditch paving.	

SWMF 11:

Repair broken ditch paving. Fill and compact missing dirt under ditch paving and place concrete riprap at the end to prevent future erosion.

SWMF 12:

Secure new trash bars to concrete ditch paving.	Remove PVC pipe left on site from old trash bars.	

	
Clear debris from trash bars.		

SWMF 13:

Trash Bars are blocked with debris. Grass is overtaking pond edges and algae is starting to form. Clear Trash Bars of debris and spray pond for grass and algae. Same report as 2021.	

SWMF 14:
No access to pond – nothing to report.

	
Grass is starting to take over pond edges and algae forming around edges of pond. Spray pond for
grass and algae.	

SWMF 16:

Pond in good order. Reinstall trash bar on mitered end section. Same report as 2021.	

SWMF 17:

Algae forming around edges of pond. Spray for algae. Same report as 2021.	

SWMF 19:
Nothing to report.

SWMF 20:
Nothing to report.

Pond in good order. Note: Not CDD Maintained

SWMF 22:

Algae forming around pond edges. Algae haze starting to form across water. Spray for algae.

See attached Location Map labeled with Amenity Center and Pond numbers.

CANOE CREEK DR

1	2

6
11

9

BAXTER CREEK DR

MAYFAIR CREEK CT

5	10
9

14

7
3	4 	15
8	12	13	16

BAINEBRIDGE CDD ANNUAL INSPECTION
LOCATION MAP

NOTE:

19	17

AMENITY CENTER

LAKE

DR

BLOSSOAMLILSOAKNECDRREEK DR

ALISON CREEK DR

NUMBERS IN BOLD RED CORRESPOND TO POND NUMBERS
20
21

Dunn & Associates, Inc.

NOT CDD MAINTAINED

22

Tab 4

BAINEBRIDGE
FIELD INSPECTION REPORT

April 8, 2021 Rizzetta & Company
Jason Liggett- Field Services Manager

General Updates, Recent & Upcoming Maintenance Events

Improve the vigor in the saint Augustine throughout the entrance and amenity center.

The following are action items for Brightview to complete. Please refer to the item # in your response listing action already taken or anticipated time of completion. Red text indicates deficient from previous report. Bold Red text indicates deficient for more than a month. Green text indicates a proposal has been requested. Blue indicates irrigation. Black, bold and underlined text represents updates or questions for the BOS.

Remove the bed weeds from the juniper at the entrance monument in the center island.

Improve the vigor throughout the saint Augustine at the main entrance to the community. Have we completed fertilizations in these areas?(Pic 2)

	2	

Provide the district a cost to infill this bed with another type of plant material on the outbound side of the entrance next to the pond.(Pic 3>)

Improve the vigor in the east Palatka hollies at the front of the amenity center. Have these been fertilized?(Pic 4)

Provide the district a price to extend the saint Augustine to the tennis court fence line leaving a 12 inch border around the tennis court.

Treat the ant mounds around the perimeter fence around the pool area. Once eradicated rake down the mounds.

<3

  <4	

Improve the vigor in the saint Augustine around the amenity center. Have we don’t the fertilizer application to these areas?

	7	

Diagnose and treat the podocarpus hedge along the front of the amenity center behind the loropetalum.(Pic 8)

	8	

Hello Jason,

Below are the responses to the landscape report.

This was completed on 4/9. I will be confirming this week.
The turf was treated at the beginning of March. The next treatment will be in May. The scope of the work is fertilizing and weed treatments
I have sent Lesley a proposal on 4/11 to fill in this area
I have sent Lesley a proposal to replace these hollies as they have never done well here
I have sent Lesley a proposal on 4/11 to do this.
We will work on this item during this week’s site visit
The turf was treated at the beginning of March. The next treatment will be in May. The scope of the work is fertilizing and weed treatments
We will be fertilizing the plant material around the amenity center this month.

Thank you,

Christopher Ernst
Account Manager
BrightView Landscape Services
South Jacksonville / 34610 11530 Davis Creek Court Jacksonville FL 32256

Tab 5

11530 Davis Creek Court - Jacksonville, Florida 32256 (904) 292-0716 / Fax: (904) 292-1014

MEMORANDUM

DATE:	April 11, 2022

TO:	Bainebridge

ATTN:	Board of Directors

FROM:	Chris Ernst

RE:	Landscape Report

Grounds Maintenance Weekly grounds maintenance Weekly bed weed control.
Apply herbicide to pavers and sidewalk cracks.

The guys are keeping the bushes trimmed at both the amenity center and the entrance.

Irrigation

Monthly inspection repairs approved and repaired.

Agronomics

The turf will be treated in May. It will be an insecticide, fungicide, and fertilizer. They will also be doing a blanket coverage for weed control.

Enhancements

Spring flowers will be installed on the 19th.

Arbor Care

No new news to report

Tab 6

Proposal for Extra Work at Bainebridge CDD

Property Name Property Address

Bainebridge CDD 15855 Twin Creek Drive Jacksonville, FL 32218

Contact To
Billing Address

Lesley Gallagher Bainebridge CDD
c/o Rizzetta & Company Inc 3434 Colwell
Ave Ste 200
Tampa, FL 33614

Project Name Project Description

Amenity Center
Front of building upgrades

Scope of Work

QTY

	area. Haul away debris from site.	
3.00	EACH	Sable Palm 10-12' OA - Installed (Includes Staking)	
1.00	LUMP SUM	Skid Steer delivery fee	
6.00	EACH	Brown mulch - Installed	

1.00	
LUMP SUM	Irrigation bubblers installed around palm trees, Make irrigation adjustments and modifications to ensure proper	
		coverage	

1.00

UoM/Size

LUMP SUM

Material/Description

Prep area by removing declining holly trees and grade

For internal use only			
SO#	7781678		
JOB#	346101085			
Service Line	130	Total Price	$4,448.02	
THIS IS NOT AN INVOICE
This proposal is valid for 60 days unless otherwise approved by BrightView Landscape Services, Inc.
11530 Davis Creek Court, Jacksonville, FL 32256 ph. (904) 292-0716 fax (904) 292-1014

Proposal for Extra Work at Bainebridge CDD

Property Name Property Address

Bainebridge CDD 15855 Twin Creek Drive Jacksonville, FL 32218

Contact To
Billing Address

Lesley Gallagher Bainebridge CDD
c/o Rizzetta & Company Inc 3434 Colwell
Ave Ste 200
Tampa, FL 33614

Project Name Project Description

Entrance plant fill
Fill in missing plants along the lake on the exit side of the entrance
Scope of Work

QTY

1.00

UoM/Size

LUMP SUM

Material/Description

Prep area by removing damaged plant material and grading. Haul away debris

15.00	EACH	Carissa holly 3 gal. installed	
15.00	EACH	Jack Frost Ligustrum 3 gal. installed	
1.00	EACH	Ligustrum 3 gal. installed	
15.00	EACH	Brown mulch installed	
1.00	EACH	Make irrigation adjustments and modifications to ensure proper coverage.	

For internal use only			
SO#	7781420		
JOB#	346101085			
Service Line	130	Total Price	$1,616.36	
THIS IS NOT AN INVOICE
This proposal is valid for 60 days unless otherwise approved by BrightView Landscape Services, Inc.
11530 Davis Creek Court, Jacksonville, FL 32256 ph. (904) 292-0716 fax (904) 292-1014

Proposal for Extra Work at Bainebridge CDD

Property Name Property Address

Bainebridge CDD 15855 Twin Creek Drive Jacksonville, FL 32218

Contact To
Billing Address

Lesley Gallagher Bainebridge CDD
c/o Rizzetta & Company Inc 3434 Colwell
Ave Ste 200
Tampa, FL 33614

Project Name Project Description

Tennis Court Sod
Remove declining plant material and add sod around tennis court
Scope of Work

QTY

1.00

UoM/Size

LUMP SUM

Material/Description

Prep area by removing existing plant material and mulch, shovel grade area, and deep edge. Haul away debris

3,500.00	SQUARE FEET	St. Augustine Sod installed

1.00

LUMP SUM

Make irrigation adjustments and modifications to ensure proper coverage.

For internal use only			
SO#	7781436		
JOB#	346101085			
Service Line	130	Total Price	$7,455.80	
THIS IS NOT AN INVOICE
This proposal is valid for 60 days unless otherwise approved by BrightView Landscape Services, Inc.
11530 Davis Creek Court, Jacksonville, FL 32256 ph. (904) 292-0716 fax (904) 292-1014

Tab 7

`

		6869 Phillips Parkway Drive S Jacksonville, FL 32256	 Fax: 904-807-9158	Phone: 904-997-0044
Service Report

Date: March 25, 2022	Aquatic Tech: Bill Fuller
Client: Bainebridge CDD Contact: Lesley Gallagher Waterways: Twenty ponds.

Comments: 70° F Winds 8-12 mph

Pond 1: Pond was an 8 (good). No invasive species noted.

Pond 2: Pond was an 8 (good). Had a good kill on the algae.

Pond 3: Pond was a 9 (very good). No invasive species noted.

Pond 4: Pond was an 8 (good). No invasive species noted.

Pond 5: Pond was a 7 (overall good). Minor perimeter vegetation.

Pond 6: Pond was an 8 (good). Had a good kill on the algae.

Pond 7: Pond was a 9 (very good). No invasive species noted.

Pond 8: Pond was an 8 (good). No invasive species noted.

Pond 9: Pond was a 9 (very good). No invasive species noted.

Pond 10: Pond was a 7 (overall good). Treated for algae.

Pond 11: Pond was a 9 (very good). No invasive species noted.

Pond 12: Pond was a 7 (overall good). Perimeter vegetation. No boat access.

Pond 14: Pond was a 9 (very good). No invasive species noted.

Pond 15: Pond was a 9 (very good). No invasive species noted.

Pond 16: Pond was an 8 (good). No invasive species noted.

Pond 17: Pond was a 9 (very good). No invasive species noted.

Pond 18: Pond was a 9 (very good). No invasive species noted.

Pond 19: Pond was an 8 (good). No invasive species noted.

Pond 20: Pond was an 8 (good). Minor vegetation.

Tab 8

Date	Quote #	
3/24/2022	6420	
Name / Address	
Bainebridge CDD
c/o Rizzetta & Company, Inc. 2806 North 5th Street, Suite 403 Saint Augustine, FL 32084	

1 Hargrove Grade Suite 1A Palm Coast, Fl 32137
386-957-9339
www.WebWatchdogs.net info@webwatchdogs.net Florida Contractor License #ES12000771

Extended Warranty Quote

Description	Qty	Cost	Total	
Extended Warranty Option- Complete Surveillance Camera System

***Warranty Expires 4/20/2022***	1	299.00	299.00	

1 Year Extended Warranty on Camera Parts, Labor and Equipment
All products are warranted for 1 year from date of purchase. If a product is defective we will repair or replace it. The following situations void the product warranty: Adding 3rd party software to a DVR without prior approval from our technical support department. Damage caused by nature such as flooding, winds, lightning and other similar events. Damage caused by vandalism. Network related issues involving your internet service provider (i.e. new modem, change of internet provider, etc.) Warranty Service Calls will be addressed within a 1-5 day time frame.
After 1 year (outside of the warranty, if not extended), we will continue to support the product at the standard repair labor rate (currently $99 per hour-minimum 2 hours) plus parts, if applicable, or phone technical support for $65.00/hour. Out of warranty repairs are guaranteed for 30 days. Phone support is non-refundable.	Subtotal	
$299.00	
	Sales Tax (0.0%)	$0.00	
	Total	$299.00	

Signature 		

Tab 9

PO Box 51289
Jacksonville Beach FL 32240 (904) 220-3337, (904) 220-3331
Info@krystalklean.com

Estimate 75600275

Estimate

DATE		
PO #		
Provided By	Marc Ferretti marc.f@krystalklean.com	

Bainebridge CDD c/o First Coast CMS, LLC Tony Shiver
352 Perdido St
Saint Johns, FL, 32259-8756

Tony@FirstCoastCMS.com

CUSTOMER

Bainebridge CDD c/o First Coast CMS, LLC Bainebridge CDD c/o First Coast CMS, LLC 15855 Twin Creek Drive
Jacksonville, FL, 32218

Tony@FirstCoastCMS.com

SERVICE LOCATION

Soft washing amenity center and fencing

DESCRIPTION

Estimate	
Description	Qty	Rate	Total	
Soft Wash - Amenity Center
-Krystal Klean will clean exterior surfaces using professional 'Soft Wash' process in order to avoid damage to façade and window seals.
-Solution include algaecides, fungicides and phosphate-free detergents to extend life of cleaning and provide optimal results.
-Locks and electrical elements to be protected during cleaning process.
-Extra care/precaution to be taken with landscaping to protect from damage.
-Some stains such as mud dauber resin, black streaks on gutters, mineral deposits and rust may have permanently stained surfaces.
-Flaking paint can come oﬀ with any amount of pressure. Loose or ﬂaking paint will come oﬀ while cleaning.
-Customer is responsible to ensure windows are closed and latched prior to cleaning.

*Soft washing removes most mildew, dirt, and algae which accounts for 95% of roof discoloration in Florida. This process potentially expose mineral deposit stains that would require additional chemical treatment to remove. Please discuss any questions with your Krystal Klean representative.	1.00	$705.00	$705.00	
Soft Wash - Amenity Center Upper Deck and Covered Area near Grill	1.00	$205.00	$205.00	
Pressure Wash Flat Surfaces - Dumpster Area
Pressure Wash ﬂat work as requested. Many stains due to automotive ﬂuids, tree nuts, rust, and mineral deposits will not be removed completely with pressure washing. We will do our very best but make no guarantee that all stains will be removed.	1.00	$104.00	$104.00	
Residential Soft Wash Ext Surfaces - "Horse Fencing" at Front Entry of Community
-Krystal Klean will clean exterior surfaces using professional 'Soft Wash' process in order to avoid damage to façade and window seals.
-Solution include algaecides, fungicides and phosphate-free detergents to extend life
of cleaning and provide optimal results.	1.00	$984.00	$984.00	

-Locks and electrical elements to be protected during cleaning process.
-Extra care/precaution to be taken with landscaping to protect from damage.
-Some stains such as mud dauber resin, black streaks on gutters, mineral deposits and rust may have permanently stained surfaces.
-Flaking paint can come oﬀ with any amount of pressure. Loose or ﬂaking paint will come oﬀ while cleaning.
-Customer is responsible to ensure windows are closed and latched prior to cleaning.

*Soft washing removes most mildew, dirt, and algae which accounts for 95% of roof discoloration in Florida. This process potentially expose mineral deposit stains that would require additional chemical treatment to remove. Please discuss any questions with your Krystal Klean representative.

Estimate Total:	$1,998.00	
CUSTOMER MESSAGE	
Thank you for the opportunity to serve you!

We uphold the highest industry standards for glass cleaning tools and methods but must inform and educate its customers about the inherent risk of scratches when cleaning glass. Given the facts below, we cannot be held liable for glass scratches. Minuscule glass particles (or “glass ﬁnes”) may exist on the pane surface. This ﬂaw is common for tempered or hurricane-proof glass often installed in Florida. During a normal cleaning process, these glass ﬁnes can break oﬀ and cause hairline scratches. Removal of paint, adhesives, calcium deposits, or construction debris may require the use of scrubbing pads or scrapers, which increases the risk of scratched glass, and is a separate service from standard window cleaning. When cleaning glass to remove calcium deposits, some brands of tinted or soft glass may be micro-scratched with vinyl buﬃng pads. Preexisting scratches may be visible or apparent after the glass is cleaned.

Terms of payment: The total amount stated is due upon completion. Where applicable, credit cards will be charged for the total amount upon completion based on the credit card information provided in advance. All late payments (over 30 days) may bear interest at the highest rate permissible under Florida law calculated daily and compounded monthly. Customer shall also be responsible for paying all reasonable costs incurred in collecting any late payments, including, without limitation, attorneys’ fees.	

Estimate Accepted By:	Accepted Date:	

fencing

this fence only - entire length both sides

Tab 10

Bainebridge CDD
Community Development District
www.bainebridgecdd.org

Proposed Budget for
Fiscal Year 2022/2023

Table of Contents

Page

General Fund Budget for Fiscal Year 2022/2023

Reserve Fund Budget for Fiscal Year 2022/2023	1
4	
Debt Service Fund Budget for Fiscal Year 2022/2023	5	

Assessments Charts for Fiscal Year 2022/2023	6	
General Fund Budget Account Category Descriptions	8	
Reserve Fund Budget Account Category Descriptions	14	
Debt Service Fund Budget Account Category Descriptions	15	

Proposed Budget	
Bainebridge Community Development District	
General Fund	
Fiscal Year 2022/2023	

Chart of Accounts Classification	
Actual YTD through 02/28/22	Projected Annual Totals 2021/2022	
Annual Budget for 2021/2022	Projected Budget variance for 2021/2022	

Budget for 2022/2023	Budget Increase (Decrease) vs 2021/2022	

Comments	
1									
2	REVENUES								
3									
4	Special Assessments								
5	Tax Roll*	$	343,698	$ 347,145	$ 347,145	$	-	$	367,920	$	20,775		
6									
7	TOTAL REVENUES	$	343,698	$ 347,145	$ 347,145	$	-	$	367,920	$	20,775		
8									
9									

10	TOTAL REVENUES AND BALANCE FORWARD	
$	343,698	
$ 347,145	
$ 347,145	
$	-	
$	367,920	
$	20,775		
11									
12									
13	ADMINISTRATIVE								
14									
15	Legislative								
16	Supervisor Fees	$	2,800	$	6,800	$	6,000	$	(800)	$	6,000	$	-	Based on 6 Meetings	
17	Financial & Administrative								

18	
Administrative Services	
$	2,575	
$	6,180	
$	6,180	
$	-	
$	6,427	
$	247	Reflects 4% COL Inc on Lines Marked with *	
19	District Management	$	9,656	$	23,175	$	23,175	$	-	$	24,102	$	927	*	

20	
District Engineer	
$	1,859	
$	14,462	
$	7,500	
$	(6,962)	
$	7,500	
$	-	FY 21/22 Included Stormwater Analysis	
21	Disclosure Report	$	5,000	$	5,000	$	5,000	$	-	$	5,000	$	-		
22	Trustees Fees	$	2,371	$	3,500	$	3,500	$	-	$	3,500	$	-		
23	Assessment Roll	$	5,408	$	5,408	$	5,408	$	-	$	5,624	$	216	*	

24	Financial & Revenue Collections	
$	2,253	
$	5,408	
$	5,408	
$	-	
$	5,624	
$	216	
*	
25	Accounting Services	$	8,626	$	20,703	$	20,703	$	-	$	21,531	$	828	*	
26	Auditing Services	$	3,715	$	3,715	$	4,100	$	385	$	3,715	$	(385)	Based on Current Engagement	
27	Arbitrage Rebate Calculation	$	-	$	500	$	500	$	-	$	500	$	-		

28	
Public Officials Liability Insurance	

$	5,234	

$	5,234	

$	4,484	

$	(750)	

$	6,281	

$	1,797	

Based on Estimated 20% Increase	
29	Legal Advertising	$	420	$	2,000	$	2,000	$	-	$	2,000	$	-		
30	Dues, Licenses & Fees	$	175	$	175	$	175	$	-	$	175	$	-		

31	
Miscellaneous Fees	
$	100	
$	250	
$	750	
$	500	
$	750	
$	-	Amortization Schedule, Mailed Notice?	

32	Website Hosting, Maintenance, Backup	
$	2,150	
$	5,800	
$	5,800	
$	-	
$	5,800	
$	-	
Based on Current Agreements	
33	Legal Counsel								
34	District Counsel	$	3,532	$	17,850	$	25,000	$	7,150	$	25,000	$	-		
35									
36	Administrative Subtotal	$	55,874	$ 126,160	$ 125,683	$	(477)	$	129,529	$	3,846		
37									
38	OPERATIONS								
39									
40	Electric Utility Services								
41	Utility Services	$	7,244	$	18,593	$	21,500	$	2,907	$	21,500	$	-		
42	Garbage/Solid Waste Control								
43	Garbage - Recreation Facility	$	872	$	2,093	$	2,000	$	(93)	$	2,200	$	200		
44	Water-Sewer Combination								
45	Utility Services	$	1,219	$	4,100	$	4,500	$	400	$	4,500	$	-		

46	
Stormwater Control								

47	
Aquatic & Fountain Maintenance	

$	3,650	

$	8,760	

$	9,100	

$	340	

$	9,100	

$	-	

Based on Current Agreement	

Proposed Budget	
Bainebridge Community Development District	
General Fund	
Fiscal Year 2022/2023	

Chart of Accounts Classification	
Actual YTD through 02/28/22	Projected Annual Totals 2021/2022	
Annual Budget for 2021/2022	Projected Budget variance for 2021/2022	

Budget for 2022/2023	Budget Increase (Decrease) vs 2021/2022	

Comments	

48	

Miscellaneous Expense		

$	728	

$	1,500	

$	772	

$	1,500	

$	-	
FY 21/22 Included Repairs to Barriers. Also Includes Colored Lense Change Out for Holidays	
49	Other Physical Environment								

50	
General Liability & Property Insurance	

$	12,230	

$	11,578	

$	12,736	

$	1,158	

$	14,676	

$	1,940	

Based on Estimated 20% Increase	

51	

Entry & Walls Maintenance	

$	-	

$	2,500	

$	2,500	

$	-	

$	2,500	

$	-	
To Include Pressure Washing/Electrical Repairs	

52	

Landscape & Irrigation Maintenance Contract	

$	15,010	

$	33,996	

$	35,016	

$	1,020	

$	37,105	

$	2,089	

FY 22/23 Proposed to Include a 3% Increase . Includes Playground Mulch Per Existing Agreement	
53	Irrigation Repairs	$	71	$	2,500	$	4,000	$	1,500	$	4,000	$	-		

54	

Landscape Replacement Plants, Shrubs, Trees	

$	3,183	

$	8,000	

$	8,000	

$	-	

$	8,000	

$	-	

Plant Replacements Proposed for Entry and Parking Areas. FY 22/23 to Possibly Include Additional Parking and Court Area Enhancements	

55	
Field Services	
$	1,200	
$	2,400	
$	2,400	
$	-	
$	2,800	
$	400		

56	
Miscellaneous Expense	
$	1,220	
$	1,220	
$	1,271	
$	51	
$	1,271	
$	-	FY 21/22 Included Backflow Test and Cage Around Backflow	
57	Road & Street Facilities								

58	
Amenity Parking Lot/Sidewalk Repair & Maintenance	

$	-	

$	350	

$	2,500	

$	2,150	

$	1,500	

$	(1,000)	

Restriping FY 22/23?	

59	
Miscellaneous Expense	
$	-	
$	1,000	
$	1,000	
$	-	
$	1,000	
$	-		
60	Parks & Recreation								

61	
Amenity Management Staffing Contract	

$	10,503	

$	31,508	

$	33,000	

$	1,492	

$	33,000	

$	-		

62	

Security Services				

$	-	

$	13,860	

$	13,860	

NEW LINE FY 22/23	
63	Cable, Phone & Internet	$	1,654	$	3,970	$	4,400	$	430	$	4,400	$	-		

64	

Amenity Maintenance Contract & Repairs	

$	2,067	

$	11,914	

$	13,400	

$	1,486	

$	13,400	

$	-	

FY 21/22 Included Electrical & Paver Repairs, PM Agreement on Fitness Equipment . FY 21/22 Includes Approx. $9,000 in Repairs and Maintenance .	

65	
Amenity Facility Janitorial Service Contract & Supplies	

$	2,423	

$	7,350	

$	7,300	

$	(50)	

$	7,700	

$	400	

Includes Approx. $2200 in Supplies.	

66	

Pool Maintenance Service Contract & Chemicals	

$	5,245	

$	16,887	

$	15,000	

$	(1,887)	

$	17,000	

$	2,000	

Proposed to Include 30% Increase in Chlorine Cost. Includes Approximately
$6890 in Chemicals.	

67	
Pool Permits and Inspections	
$	-	
$	325	
$	325	
$	-	
$	325	
$	-		

Proposed Budget	
Bainebridge Community Development District	
General Fund	
Fiscal Year 2022/2023	

Chart of Accounts Classification	
Actual YTD through 02/28/22	Projected Annual Totals 2021/2022	
Annual Budget for 2021/2022	Projected Budget variance for 2021/2022	

Budget for 2022/2023	Budget Increase (Decrease) vs 2021/2022	

Comments	

68	Athletic Court(s)/Field/Playground Maint. & Repairs		

$	6,036	

$	5,000	

$	(1,036)	

$	5,000	

$	-	
FY 21/22 includes Approved Playground Repairs	
69	Pest Control & Termite Bond	$	-	$	890	$	850	$	(40)	$	890	$	40		

70	
Facility A/C Preventative Maintenance & Repair	

$	62	

$	740	

$	740	

$	-	

$	740	

$	-		

71	

Access Control Maintenance & Repair	

$	-	

$	1,279	

$	2,000	

$	721	

$	2,000	

$	-	
Includes Extended Warranty for Cameras/DVR & Ongoing Monthly Fee for New Access Control	

72	

Miscellaneous Expense	

$	105	

$	1,250	

$	924	

$	(326)	

$	924	

$	-	
Includes Propane Refill, Fire Extinguisher Maint.	
73	Special Events								

74	
Special Events	
$	-	
$	2,500	
$	2,500	
$	-	
$	2,500	
$	-		

75	
Contingency								

76	

Miscellaneous Contingency	

$	9,603	

$	25,163	

$	15,000	

$	(10,163)	

$	15,000	

$	-	

FY 21/22 Includes Second Column for Entry Monument Sign, New Marquee Sign and JSO Off Duty Deputies April through September (Will be on new line for FY 22/23). FY 22/23 Proposed to Possibly Include Pool Beam Work or Updated Reserve Study.	

77	

Capital Outlay	

$	-	

$	9,300	

$	13,000	

$	3,700	

$	10,000	

$	(3,000)	

FY 21/22 Includes New Treadmill and Access Control System.	
78									
79	Field Operations Subtotal	$	77,561	$ 216,929	$ 221,462	$	4,533	$	238,391	$	16,929		
80									
81									
82	TOTAL EXPENDITURES	$	133,435	$ 343,089	$ 347,145	$	4,056	$	367,920	$	20,775		
83									
84	EXCESS OF REVENUES	$	210,263	$	4,056	$	-	$	4,056	$	-	$	-		
85									

Proposed Budget	
Bainebridge Community Development District	
Reserve Fund	
Fiscal Year 2022/2023	

Chart of Accounts Classification	
Actual YTD through 02/28/22	Projected Annual Totals 2021/2022	
Annual Budget for 2021/2022	Projected Budget variance for 2021/2022	
Budget for 2022/2023	Budget Increase (Decrease) vs 2021/2022	

Comments	
1									
2	REVENUES								
3									
4	Special Assessments								
5	Tax Roll*	$	20,000	$	20,000	$	20,000	$	-	$  20,000	$	-		
6									
7	TOTAL REVENUES	$	20,000	$	20,000	$	20,000	$	-	$  20,000	$	-		
8									
9	Balance Forward from Prior	$	-	$	-	$	-	$	-	$	-	$	-		
10									
11	TOTAL REVENUES AND	$	20,000	$	20,000	$	20,000	$	-	$  20,000	$	-		
12									
13									
14	EXPENDITURES								
15									
16	Contingency								
17	Capital Reserves	$	-	$	-	$	20,000		$  20,000	$	-	Exterior Painting FY 22/23	
18									
19	TOTAL EXPENDITURES	$	-	$	-	$	20,000	$	-	$  20,000	$	-		
20									
21	EXCESS OF REVENUES	$	20,000	$	20,000	$	-	$	-	$	-	$	-		
22									

Bainebridge Community Development District	
Debt Service	
Fiscal Year 2022/2023	

Chart of Accounts Classification	
Series 2007A	
Budget for 2022/2023	
			
REVENUES			
Special Assessments			
Net Special Assessments (1)	$161,219.27	$161,219.27	
			
TOTAL REVENUES	$161,219.27	$161,219.27	

EXPENDITURES			
Administrative			
Financial & Administrative			
Debt Service Obligation	$161,219.27	$161,219.27	
Administrative Subtotal	$161,219.27	$161,219.27	
			
TOTAL EXPENDITURES	$161,219.27	$161,219.27	
			
EXCESS OF REVENUES OVER EXPENDITURES	$0.00	$0.00	

Duval County Collection Costs (3.5%) and Early Payment Discounts (4%):	7.5%

Gross assessments	$174,291.10

Notes:	
1. Tax Roll Collection Costs for Duval County are 7.5% of Tax Roll. Budgeted net of tax roll assessments.	
See Assessment Table.	

(1)	Maximum Annual Debt Service less prepaid assessments.	

6

BAINEBRIDGE COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2022/2023 O&M AND DEBT SERVICE ASSESSMENT SCHEDULE

2022/2023 O&M Budget		$387,920.00	
Duval County Collection Cost @:	3.5%	$14,678.05	
Early Payment Discount @:	4%	$16,774.92	
2022/2023 Total:		$419,372.97	

2021/2022 O&M Budget	
2022/2023 O&M Budget	

$367,145.00	
$387,920.00	

Total Difference:	$20,775.00

PER UNIT ANNUAL ASSESSMENT	Proposed Increase / Decrease	
2021/2022	2022/2023	$	%	

Debt Service - Single Family	$1,168.62	$1,168.62	$0.00	0.00%	
Operations/Maintenance - Single Family	$793.83	$838.75	$44.92	5.66%	
Total	$1,962.45	$2,007.37	$44.92	2.29%	

Debt Service - Single Family (Partially Prepaid)	$431.69	$431.69	$0.00	0.00%	
Operations/Maintenance - Single Family	$793.83	$838.75	$44.92	5.66%	
Total	$1,225.52	$1,270.44	$44.92	3.67%	

Debt Service - Single Family (Partially Prepaid)	$566.11	$566.11	$0.00	0.00%	
Operations/Maintenance - Single Family	$793.83	$838.75	$44.92	5.66%	
Total	$1,359.94	$1,404.86	$44.92	3.30%	

Debt Service - Single Family (Partially Prepaid)	$578.43	$578.43	$0.00	0.00%	
Operations/Maintenance - Single Family	$793.83	$838.75	$44.92	5.66%	
Total	$1,372.26	$1,417.18	$44.92	3.27%	

	

	

	

	

	

	

			

			

	

			

			

				

			

	

	

		

		

		

7

BAINEBRIDGE COMMUNITY DEVELOPMENT DISTRICT

FISCAL YEAR 2022/2023 O&M AND DEBT SERVICE ASSESSMENT SCHEDULE TOTAL O&M BUDGET	$387,920.00
COLLECTION COSTS @	3.5%	$14,678.05
EARLY PAYMENT DISCOUNT @	4.0%		$16,774.92 TOTAL O&M ASSESSMENT		$419,372.97	
		
UNITS ASSESSED	
ALLOCATION OF O&M ASSESSMENT	
PER LOT ANNUAL ASSESSMENT	
		SERIES 2007A	TOTAL	% TOTAL	TOTAL		SERIES 2007A		
LOT SIZE	O&M	DEBT SERVICE (1) (2) (3)	EAU's	EAU's	O&M BUDGET	O&M	DEBT SERVICE (4)	TOTAL (5)	
Platted Parcels				0	0		
Single Family	277	46	277.00	55.40%	$232,332.63	$838.75	$1,168.62	$2,007.37	
Single Family (Partially Prepaid) (5)	52	52	52.00	10.40%	$43,614.79	$838.75	$431.69	$1,270.44	
Single Family (Partially Prepaid) (5)	20	20	20.00	4.00%	$16,774.92	$838.75	$566.11	$1,404.86	
Single Family (Partially Prepaid) (5)	151	150	151.00	30.20%	$126,650.64	$838.75	$578.43	$1,417.18	

Total Community		500	 	268		500.00	100.00%	$419,372.97

LESS: Duval County Collection Costs (3.5%) and Early Payment Discounts (4%):	($31,452.97)
Net Revenue to be Collected	$387,920.00

Reflects 4 (four) prepayments.

Reflects the number of total lots with Series 2007A debt outstanding.

222 Single Family lots reflect partial payoff of 2007A Debt Service.

Annual debt service assessment per lot adopted in connection with the Series 2007A bond issue. Annual assessment includes principal, interest, Duval County collection costs and early payment discounts.

Annual assessment that will appear on November 2022 Duval County property tax bill. Amount shown includes all applicable collection costs and early payment discounts (up to 4% if paid early).	

8

GENERAL FUND BUDGET ACCOUNT CATEGORY DESCRIPTION

The General Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all General Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.

REVENUES:

Interest Earnings: The District may earn interest on its monies in the various operating accounts.

Tax Roll: The District levies Non-Ad Valorem Special Assessments on all of the assessable property within the District to pay for operating expenditures incurred during the Fiscal Year. The assessments may be collected in two ways. The first is by placing them on the County’s Tax Roll, to be collected with the County’s Annual Property Tax Billing. This method is only available to land properly platted within the time limits prescribed by the County.

Off Roll: For lands not on the tax roll and that is by way of a direct bill from the District to the appropriate property owner.

Developer Contributions: The District may enter into a funding agreement and receive certain prescribed dollars from the Developer to off-set expenditures of the District.

Event Rental: The District may receive monies for event rentals for such things as weddings, birthday parties, etc.

Miscellaneous Revenues: The District may receive monies for the sale or provision of electronic access cards, entry decals etc.

Facilities Rentals: The District may receive monies for the rental of certain facilities by outside sources, for such items as office space, snack bar/restaurants etc.

9

EXPENDITURES – ADMINISTRATIVE:

Supervisor Fees: The District may compensate its supervisors within the appropriate statutory limits of
$200.00 maximum per meeting within an annual cap of $4,800.00 per supervisor.

Administrative Services: The District will incur expenditures for the day to today operation of District matters. These services include support for the District Management function, recording and preparation of meeting minutes, records retention and maintenance in accordance with Chapter 119, Florida Statutes, and the District’s adopted Rules of Procedure, preparation and delivery of agenda, overnight deliveries, facsimiles and phone calls.

District Management: The District as required by statute, will contract with a firm to provide for management and administration of the District’s day to day needs. These service include the conducting of board meetings, workshops, overall administration of District functions, all required state and local filings, preparation of annual budget, purchasing, risk management, preparing various resolutions and all other secretarial duties requested by the District throughout the year is also reflected in this amount.

District Engineer: The District’s engineer provides general engineering services to the District. Among these services are attendance at and preparation for monthly board meetings, review of construction invoices and all other engineering services requested by the district throughout the year.

Disclosure Report: The District is required to file quarterly and annual disclosure reports, as required in the District’s Trust Indenture, with the specified repositories. This is contracted out to a third party in compliance with the Trust Indenture.

Trustee’s Fees: The District will incur annual trustee’s fees upon the issuance of bonds for the oversight of the various accounts relating to the bond issues.

Assessment Roll: The District will contract with a firm to prepare, maintain and certify the assessment roll(s) and annually levy a non-ad valorem assessment for operating and debt service expenses.

Financial & Revenue Collections: Services of the Collection Agent include all functions necessary for the timely billing and collection and reporting of District assessments in order to ensure adequate funds to meet the District’s debt service and operations and maintenance obligations. The Collection Agent also maintains and updates the District’s lien book(s) annually and provides for the release of liens on property after the full collection of bond debt levied on particular properties.

Accounting Services: Services include the preparation and delivery of the District’s financial statements in accordance with Governmental Accounting Standards, accounts payable and accounts receivable functions, asset tracking, investment tracking, capital program administration and requisition processing, filing of annual reports required by the State of Florida and monitoring of trust account activity.

Auditing Services: The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting firm, once it reaches certain revenue and expenditure levels, or has issued bonds and incurred debt.

10

Arbitrage Rebate Calculation: The District is required to calculate the interest earned from bond proceeds each year pursuant to the Internal Revenue Code of 1986. The Rebate Analyst is required to verify that the District has not received earnings higher than the yield of the bonds.

Travel: Each Board Supervisor and the District Staff are entitled to reimbursement for travel expenses per Florida Statutes 190.006(8).

Public Officials Liability Insurance: The District will incur expenditures for public officials’ liability insurance for the Board and Staff.

Legal Advertising: The District will incur expenditures related to legal advertising. The items for which the District will advertise include, but are not limited to meeting schedules, special meeting notices, and public hearings, bidding etc. for the District based on statutory guidelines

Bank Fees: The District will incur bank service charges during the year.

Dues, Licenses & Fees: The District is required to pay an annual fee to the Department of Economic Opportunity, along with other items which may require licenses or permits, etc.

Miscellaneous Fees: The District could incur miscellaneous throughout the year, which may not fit into any standard categories.

Website Hosting, Maintenance and Email: The District may incur fees as they relate to the development and ongoing maintenance of its own website along with possible email services if requested.

District Counsel: The District’s legal counsel provides general legal services to the District. Among these services are attendance at and preparation for monthly board meetings, review of operating and maintenance contracts and all other legal services requested by the district throughout the year.

EXPENDITURES - FIELD OPERATIONS:

Deputy Services: The District may wish to contract with the local police agency to provide security for the District.

Security Services and Patrols: The District may wish to contract with a private company to provide security for the District.

Electric Utility Services: The District will incur electric utility expenditures for general purposes such as irrigation timers, lift station pumps, fountains, etc.

Street Lights: The District may have expenditures relating to street lights throughout the community. These may be restricted to main arterial roads or in some cases to all street lights within the District’s boundaries.

11

Utility - Recreation Facility: The District may budget separately for its recreation and or amenity electric separately.

Gas Utility Services: The District may incur gas utility expenditures related to district operations at its facilities such as pool heat etc.

Garbage - Recreation Facility: The District will incur expenditures related to the removal of garbage and solid waste.

Solid Waste Assessment Fee: The District may have an assessment levied by another local government for solid waste, etc.

Water-Sewer Utility Services: The District will incur water/sewer utility expenditures related to district operations.

Utility - Reclaimed: The District may incur expenses related to the use of reclaimed water for irrigation.

Aquatic Maintenance: Expenses related to the care and maintenance of the lakes and ponds for the control of nuisance plant and algae species.

Fountain Service Repairs & Maintenance: The District may incur expenses related to maintaining the fountains within throughout the Parks & Recreational areas

Lake/Pond Bank Maintenance: The District may incur expenditures to maintain lake banks, etc. for the ponds and lakes within the District’s boundaries, along with planting of beneficial aquatic plants, stocking of fish, mowing and landscaping of the banks as the District determines necessary.

Wetland Monitoring & Maintenance: The District may be required to provide for certain types of monitoring and maintenance activities for various wetlands and waterways by other governmental entities.

Mitigation Area Monitoring & Maintenance: The District may be required to provide for certain types of monitoring and maintenance activities for various mitigation areas by other governmental entities.

Aquatic Plant Replacement: The expenses related to replacing beneficial aquatic plants, which may or may not have been required by other governmental entities.

General Liability Insurance: The District will incur fees to insure items owned by the District for its general liability needs

Property Insurance: The District will incur fees to insure items owned by the District for its property needs

Entry and Walls Maintenance: The District will incur expenditures to maintain the entry monuments and the fencing.

12

Landscape Maintenance: The District will incur expenditures to maintain the rights-of-way, median strips, recreational facilities including pond banks, entryways, and similar planting areas within the District. These services include but are not limited to monthly landscape maintenance, fertilizer, pesticides, annuals, mulch, and irrigation repairs.

Irrigation Maintenance: The District will incur expenditures related to the maintenance of the irrigation systems.

Irrigation Repairs: The District will incur expenditures related to repairs of the irrigation systems.

Landscape Replacement: Expenditures related to replacement of turf, trees, shrubs etc.

Field Services: The District may contract for field management services to provide landscape maintenance oversight.

Miscellaneous Fees: The District may incur miscellaneous expenses that do not readily fit into defined categories in field operations.

Gate Phone: The District will incur telephone expenses if the District has gates that are to be opened and closed.

Street/Parking Lot Sweeping: The District may incur expenses related to street sweeping for roadways it owns or are owned by another governmental entity, for which it elects to maintain.

Gate Facility Maintenance: Expenses related to the ongoing repairs and maintenance of gates owned by the District if any.

Sidewalk Repair & Maintenance: Expenses related to sidewalks located in the right of way of streets the District may own if any.

Roadway Repair & Maintenance: Expenses related to the repair and maintenance of roadways owned by the District if any.

Employees - Salaries: The District may incur expenses for employees/staff members needed for the recreational facilities such as Clubhouse Staff.

Employees - P/R Taxes: This is the employer’s portion of employment taxes such as FICA etc.

Employee - Workers’ Comp: Fees related to obtaining workers compensation insurance.

Management Contract: The District may contract with a firm to provide for the oversight of its recreation facilities.

Maintenance & Repair: The District may incur expenses to maintain its recreation facilities.

Facility Supplies: The District may have facilities that required various supplies to operate.

13

Gate Maintenance & Repairs: Any ongoing gate repairs and maintenance would be included in this line item.

Telephone, Fax, Internet: The District may incur telephone, fax and internet expenses related to the recreational facilities.

Office Supplies: The District may have an office in its facilities which require various office related supplies.

Clubhouse - Facility Janitorial Service: Expenses related to the cleaning of the facility and related supplies.

Pool Service Contract: Expenses related to the maintenance of swimming pools and other water features.

Pool Repairs: Expenses related to the repair of swimming pools and other water features.

Security System Monitoring & Maintenance: The District may wish to install a security system for the clubhouse

Clubhouse Miscellaneous Expense: Expenses which may not fit into a defined category in this section of the budget

Athletic/Park Court/Field Repairs: Expense related to any facilities such as tennis, basketball etc.

Trail/Bike Path Maintenance: Expenses related to various types of trail or pathway systems the District may own, from hard surface to natural surfaces.

Special Events: Expenses related to functions such as holiday events for the public enjoyment

Miscellaneous Fees: Monies collected and allocated for fees that the District could incur throughout the year, which may not fit into any standard categories.

Miscellaneous Contingency: Monies collected and allocated for expenses that the District could incur throughout the year, which may not fit into any standard categories.

Capital Outlay: Monies collected and allocated for various projects as they relate to public improvements.

14

RESERVE FUND BUDGET ACCOUNT CATEGORY DESCRIPTION

The Reserve Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all Reserve Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.

REVENUES:

Tax Roll: The District levies Non-Ad Valorem Special Assessments on all of the assessable property within the District to pay for operating expenditures incurred during the Fiscal Year. The assessments may be collected in two ways. The first is by placing them on the County’s Tax Roll, to be collected with the County’s Annual Property Tax Billing. This method is only available to land properly platted within the time limits prescribed by the County.

Off Roll: For lands not on the tax roll and that is by way of a direct bill from the District to the appropriate property owner.

Developer Contributions: The District may enter into a funding agreement and receive certain prescribed dollars from the Developer to off-set expenditures of the District.

Miscellaneous Revenues: The District may receive monies for the sale or provision of electronic access cards, entry decals etc.

EXPENDITURES:

Capital Reserve: Monies collected and allocated for the future repair and replacement of various capital improvements such as club facilities, swimming pools, athletic courts, roads, etc.

Capital Outlay: Monies collected and allocated for various projects as they relate to public improvements.

15

DEBT SERVICE FUND BUDGET ACCOUNT CATEGORY DESCRIPTION

The Debt Service Fund Budget Account Category Descriptions are subject to change at any time depending on its application to the District. Please note, not all Debt Service Fund Budget Account Category Descriptions are applicable to the District indicated above. Uses of the descriptions contained herein are intended for general reference.

REVENUES:

Special Assessments: The District may levy special assessments to repay the debt incurred by the sale of bonds to raise working capital for certain public improvements. The assessments may be collected in the same fashion as described in the Operations and Maintenance Assessments.

EXPENDITURES – ADMINISTRATIVE:

Bank Fees: The District may incur bank service charges during the year.

Debt Service Obligation: This would a combination of the principal and interest payment to satisfy the annual repayment of the bond issue debt.

Tab 11

RESOLUTION 2022-03

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE BAINEBRIDGE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2022/2023 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 Bainebridge Community Development District (“District”) prior to June 15, 2022, proposed budgets (“Proposed Budget”) for the fiscal year beginning October 1, 2022 and ending September 30, 2023 (“Fiscal Year 2022/2023”); 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 BAINEBRIDGE COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2022/2023 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:		, 2022

HOUR:		

LOCATION:		

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENTS. The District Manager is hereby directed to submit a copy of the Proposed Budget to the City of Jacksonville and Duval County at least 60 days prior to the hearing set above.

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

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

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

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 	 DAY OF 	, 2022.

ATTEST:	BAINEBRIDGE COMMUNITY
DEVELOPMENT DISTRICT

Secretary / Assistant Secretary	Chairperson/Vice	Chairperson,	Board	of Supervisors

Exhibit A:	Proposed Budget

Tab 12

Bainebridge Community Development District

ANNUAL FINANCIAL REPORT

September 30, 2021

Bainebridge Community Development District ANNUAL FINANCIAL REPORT
September 30, 2021 TABLE OF CONTENTS
Page Number

REPORT OF INDEPENDENT AUDITORS	1-2
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-8
BASIC FINANCIAL STATEMENTS:
Government-wide Financial Statements:
Statement of Net Position	9
Statement of Activities	10
Fund Financial Statements:
Balance Sheet – Governmental Funds	11
Reconciliation of Total Governmental Fund Balances
to Net Position of Governmental Activities	12
Statement of Revenues, Expenditures and Changes in Fund
Balances – Governmental Funds	13
Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds
to the Statement of Activities	14
Statement of Revenues, Expenditures and Changes in Fund
Balances – Budget and Actual – General Fund	15
Notes to Financial Statements	16-26
INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH
GOVERNMENT AUDITING STANDARDS	27-28
MANAGEMENT LETTER	29-31
INDEPENDENT ACCOUNTANTS’ REPORT/COMPLIANCE WITH
SECTION 218.415, FLORIDA STATUTES	32

REPORT OF INDEPENDENT AUDITORS

To the Board of Supervisors
Bainebridge Community Development District Jacksonville, Florida

Report on the Financial Statements

We have audited the accompanying financial statements of Bainebridge Community Development District as of and for the year ended September 30, 2021, and the related notes to financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
- 1 -

To the Board of Supervisors
Bainebridge Community Development District

Opinion

In our opinion, the basic financial statements referred to above present fairly, in all material respects, the financial position of the governmental activities, and each major fund of Bainebridge Community Development District as of September 30, 2021, and the respective changes in financial position and the budgetary comparison for the General Fund for the year then ended in conformity with accounting principles generally accepted in the United States of America.

Other Matters

Required Supplementary Information

Governmental Accounting principles generally accepted in the United States of America require that the Management’s Discussion and Analysis be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted principally of inquiries of management regarding the methods of measurement and presentation of the supplementary information. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express and opinion or provide any assurance.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued a report dated February 21, 2022, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations and contracts.

The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering Bainebridge Community Development District’s internal control over financial reporting and compliance.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida February 21, 2022

- 2 -

Management’s discussion and analysis of Bainebridge Community Development District’s (the “District”) financial performance provides an objective and easily readable analysis of the District’s financial activities. The analysis provides summary financial information for the District and should be read in conjunction with the District’s financial statements.

OVERVIEW OF THE FINANCIAL STATEMENTS

The District’s basic financial statements comprise three components; 1) Government-wide financial statements, 2) Fund financial statements, and 3) Notes to financial statements. The Government-wide financial statements present an overall picture of the District’s financial position and results of operations. The Fund financial statements present financial information for the District’s major funds. The Notes to financial statements provide additional information concerning the District’s finances.

The Government-wide financial statements are the statement of net position and the statement of activities. These statements use accounting methods similar to those used by private-sector companies. Emphasis is placed on the net position of governmental activities and the change in net position. Governmental activities are primarily supported by special assessments.

The statement of net position presents information on all assets and liabilities of the District, with the difference between assets and liabilities reported as net position. Net position is reported in three categories: 1) net investment in capital assets, 2) restricted, and 3) unrestricted. Assets, liabilities, and net position are reported for all Governmental activities.

The statement of activities presents information on all revenues and expenses of the District and the change in net position. Expenses are reported by major function and program revenues relating to those functions are reported, providing the net cost of all functions provided by the District. To assist in understanding the District’s operations, expenses have been reported as governmental activities. Governmental activities financed by the District include general government, physical environment, and debt service.

Fund financial statements present financial information for governmental funds. These statements provide financial information for the major funds of the District. Governmental fund financial statements provide information on the current assets and liabilities of the funds, changes in current financial resources (revenues and expenditures), and current available resources.

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Fund financial statements include a balance sheet and a statement of revenues, expenditures and changes in fund balances for all governmental funds. A statement of revenues, expenditures, and changes in fund balances – budget and actual is provided for the District’s General Fund. Fund financial statements provide more detailed information about the District’s activities. Individual funds are established by the District to track revenues that are restricted to certain uses or to comply with legal requirements.

The government-wide financial statements and the fund financial statements provide different pictures of the District. The government-wide financial statements provide an overall picture of the District’s financial standing. These statements are comparable to private-sector companies and give a good understanding of the District’s overall financial health and how the District paid for the various activities, or functions, provided by the District. All assets of the District, including capital assets are reported in the statement of net position. All liabilities, including principal outstanding on bonds are included. The statement of activities includes depreciation on all long-lived assets of the District, but transactions between the different functions of the District have been eliminated in order to avoid “doubling up” the revenues and expenses. The fund financial statements provide a picture of the major funds of the District. In the case of governmental activities, outlays for long lived assets are reported as expenditures and long-term liabilities, such as general obligation bonds, are not included in the fund financial statements. To provide a link from the fund financial statements to the government-wide financial statements, reconciliations are provided from the fund financial statements to the government- wide financial statements.

Notes to financial statements provide additional detail concerning the financial activities and financial balances of the District. Additional information about the accounting practices of the District, investments of the District, capital assets and long-term debt are some of the items included in the notes to financial statements.

Financial Highlights

The following are the highlights of financial activity for the year ended September 30, 2021.

The District’s total assets exceeded total liabilities by $1,424,753 (net position). Net investment in capital assets for the District was $268,456. Restricted net position was
$251,318 and unrestricted net position was $904,979.

Revenues	from	governmental	activities	totaled	$533,966	and	expenses	from governmental activities totaled $607,568.

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Financial Analysis of the District

The following schedule provides a summary of the assets, liabilities and net position of the District and is presented by category for comparison purposes.

Net Position

Governmental Activities
2021	2020	

Current assets	

$	917,595	

$	843,338	
Restricted assets	404,186	397,936	
Capital assets		1,812,922 		2,042,030 	
Total Assets		3,134,703 		3,283,304 	

Current liabilities	
111,001	
127,030	
Non-current liabilities		1,598,949 		1,657,919 	
Total Liabilities		1,709,950 		1,784,949 	

Net Position			
Net investment in capital assets	268,456	1,177,600	
Restricted	251,318	235,676	
Unrestricted		904,979 		85,079 	
Total Net Position	$	1,424,753	$	1,498,355	

The increase in current assets is related to revenues exceeding expenditures at the fund level in the current year.

The reduction in capital assets is mainly related to depreciation.

The reduction in current liabilities is related to the decrease in accounts and accrued expenses in the current year.

The reduction in non-current liabilities is related to the current year principal payment.

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Financial Analysis of the District (Continued)

The following schedule provides a summary of the changes in net position of the District and is presented by category for comparison purposes.

Change In Net Position

Governmental Activities
	2021		2020	
Program Revenues				
Charges for services	$	529,539		$	529,656	
General Revenues				
Miscellaneous	4,211	199	
Investment earnings		216 		8,533 	
Total Revenues		533,966 		538,388 	

Expenses				
General government	110,263	122,955	
Physical environment	402,226	469,039	
Interest and other charges		95,079 		98,404 	
Total Expenses		607,568 		690,398 	
Change in Net Position	(73,602)	(152,010)	
Net Position - Beginning of Year		1,498,355 		1,650,365 	
Net Position - End of Year	 $	1,424,753 	 $	1,498,355 	

The decrease in general government expenses is related to the decrease in web-hosting and legal expenses in the current year.

The decrease in physical environment is related to the decrease in contingency and amenity maintenance expenses in the current year.

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Capital Assets Activity

The following schedule provides a summary of the District’s capital assets as of September 30, 2021 and 2020:

Governmental Activities
	2021		2020	
Construction in progress	$	-		$	7,860	
Infrastructure	3,207,578		3,207,578	
Improvements other than buildings	1,751,197		1,751,197	
Equipment	91,009		75,289	
Less: accumulated depreciation		(3,236,862)			(2,999,894)	
Governmental Activities Capital Assets	 $  1,812,922 		 $  2,042,030 	

During the year depreciation was $238,968, $15,720 was added to equipment and $7,860 was transferred from construction in progress.

General Fund Budgetary Highlights

The budgeted expenditures exceeded actual expenditures in the current year because miscellaneous contingency and legal expenditures were less than anticipated.

There were no budget amendments in the current year.

Debt Management

Governmental Activities debt includes the following:

In May 2007, the District issued $8,240,000 Series 2007 Special Assessment Bonds. These bonds were issued to finance the cost of the construction, installation, and equipping of a portion of the Capital Improvement Program (the “2007 Project”). As of September 30, 2021, the balance outstanding was $1,675,000.

OVERVIEW OF THE FINANCIAL STATEMENTS (CONTINUED)

Economic Factors and Next Year’s Budget

Bainebridge Community Development District does not expect any economic factors to have any significant effect on the financial position or results of operations of the District in fiscal year 2022.

Request for Information

The financial report is designed to provide a general overview of Bainebridge Community Development District’s finances for all those with an interest. Questions concerning any of the information provided in this report or requests for additional information should be addressed to the Bainebridge Community Development District’s Finance Department at 3434 Colwell Avenue, Suite 200, Tampa, Florida 33614.

Bainebridge Community Development District STATEMENT OF NET POSITION
September 30, 2021

ASSETS	
Current Assets	
Cash	
Prepaid expenses	
Deposits	
Total Current Assets	
Non-Current Assets	
Restricted Assets	
Investments	
Capital Assets, Being Depreciated	
Infrastructure	
Improvements other than buildings	
Equipment	
Less: accumulated depreciation	
Total Non-Current Assets	
Total Assets	

LIABILITIES	
Current Liabilities	
Accounts payable and accrued expenses	
Deposits payable	
Bonds payable	
Accrued interest	
Total Current Liabilities	
Non-Current Liabilities	
Bonds payable	
Total Liabilities	

NET POSITION	
Net investment in capital assets	
Restricted for debt service	
Restricted for capital projects	
Unrestricted	
Total Net Position	

See accompanying notes to financial statements.

- 9 -

Governmental Activities

$	893,560	
19,835	
	4,200 	
	917,595 	

404,186

3,207,578	
1,751,197	
91,009	
     (3,236,862)	
      2,217,108 	
      3,134,703 	

12,416	
200	
60,000	
       38,385 	
       111,001 	

	1,598,949 
	1,709,950 

268,456	
247,108	
4,210	
	904,979 	
 $	1,424,753 	

Bainebridge Community Development District STATEMENT OF ACTIVITIES

Net (Expenses)	
Revenues and	
Changes in	
  Net Position		
Governmental
Activities	

For the Year Ended September 30, 2021

Program	
  Revenues		
Charges for
Services	

Functions/Programs	
Governmental Activities	
General government	
Physical environment	
Interest and other charges	
Total Governmental Activities	

Expenses

$	(110,263)	
(402,226)	
	(95,079)	
 $	(607,568)	

$	147,258	$	36,995	
220,704	(181,522)	
	161,577 		66,498 	
 $	529,539 	(78,029)	

General Revenues	
Investment income	
Miscellaneous revenues	
Total General Revenues	

216
	4,211 
	4,427 

Changes in Net Position	(73,602)

Net Position - Beginning of Year		1,498,355 

Net Position - End of Year	 $	1,424,753 

See accompanying notes to financial statements.

- 10 -

Bainebridge Community Development District BALANCE SHEET -
GOVERNMENTAL FUNDS
September 30, 2021

Total
Debt	Capital	Governmental

ASSETS	
Cash	
Prepaid expenses	
Deposits	
Restricted assets	
Investments, at fair value	
Total Assets	

$	893,560	
19,835	
4,200	

$	-	
-	
-	

$	-	
-	
-	

$	893,560	
19,835	
4,200	

LIABILITIES AND FUND BALANCES	
LIABILITIES	
Accounts payable and accrued expenses	
Deposits payable	
Total Liabilities	

$	12,416	$	-	$	-	$	12,416	
	200 		- 		- 		200 	
	12,616 		- 		- 		12,616 	

	-  	399,976 	
 $	917,595   $	399,976 	

	4,210 	
 $	4,210 	

	404,186 	
 $  1,321,781 	

	General	 	Service	 	Projects			Funds	

FUND BALANCES	
Nonspendable - prepaid expenses/deposits	
Restricted:	
Debt service	
Capital projects	
Assigned capital reserve	
Unassigned	
Total Fund Balances	
Total Liabilities and Fund Balances	

24,035	-	-	24,035

-		399,976		-		399,976	
-		-		4,210		4,210	
149,455		-		-		149,455	
731,489		-		-		731,489	
904,979		399,976		4,210		1,309,165	
 $	917,595 		 $	399,976 		 $	4,210 		 $  1,321,781 	

See accompanying notes to financial statements.

Bainebridge Community Development District RECONCILIATION OF TOTAL GOVERNMENTAL FUND BALANCES
TO NET POSITION OF GOVERNMENTAL ACTIVITIES
September 30, 2021

Total Governmental Fund Balances

Amounts reported for governmental activities in the Statement of Net Position	
are different because:	

Capital assets, infrastructure, $3,207,578, improvements other than	
buildings, $1,751,197, and equipment, $91,009, net of accumulated	
depreciation, $(3,236,862), used in governmental activities are not current	
financial resources, and therefore, are not reported at the fund level.	

Long-term liabilities, bonds payable, $(1,675,000), net of bond discounts, net,	
$(16,051), are not due and payable in the current period, and therefore, are not	
reported at the fund level.	

$	1,309,165

1,812,922

(1,658,949)

Accrued interest expense for long-term debt is not a current financial use, and	
therefore, is not reported at the fund level.	

	(38,385)

Net Position of Governmental Activities	 $	1,424,753 

See accompanying notes to financial statements.

Bainebridge Community Development District STATEMENT OF REVENUES, EXPENDITURES AND CHANGES
IN FUND BALANCES - GOVERNMENTAL FUNDS
For the Year Ended September 30, 2021

Totals
Debt	Capital	Governmental
	General	 	Service	 	Projects	 	Funds	

Revenues	
Special assessments	
Investment income	
Miscellaneous revenues	

$	367,962

$	161,577	$

-	$	529,539

118	97	1	216
	4,211  	-  	-  	4,211 

Expenditures	
Current	
General government	
Physical environment	
Capital outlay	
Debt service	
Principal	
Interest	

Total Revenues		372,291  	161,674  	1  	533,966 

110,263	
165,258	
7,860	

-	
-	
-	

-	
-	
-	

110,263	
165,258	
7,860	

-	60,000	-	60,000
	-  	95,425  	-  	95,425 

Total Expenditures		283,381  	155,425  			-  		438,806  Net Change in Fund Balances			88,910		6,249		1			95,160 Fund Balances - Beginning of Year		816,069  	393,727  	4,209  	1,214,005 

Fund Balances - End of Year

 $	904,979 

 $	399,976 

 $	4,210 

 $	1,309,165 

   

See accompanying notes to financial statements.

RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS
TO THE STATEMENT OF ACTIVITIES
For the Year Ended September 30, 2021

Net Change in Fund Balances - Total Governmental Funds

Amounts reported for governmental activities in the Statement of Activities are	
different because:	

$	95,160

Governmental funds report capital outlays as expenditures. However, in the		
Statement of Activities, the cost of those assets is allocated over their		
estimated useful lives as depreciation. This is the amount that depreciation,		
$(236,968), exceeded capital outlay, $7,860 in the current period.	(229,108)	

Repayments of bond principal and capital leases are expenditures at the	
fund level, but the repayment reduces long-term liabilities in the	
Statement of Net Position.	60,000	

Bond discount is recognized as an other financing use in the year long-term debt	
is issued at the fund level, however at the government-wide level it is recognized	
as a contra-liability and amortized as interest over the life of the debt. This is the	
current year interest.	

(1,030)

At the government-wide level, interest is accrued on outstanding bonds;		
whereas at the fund level, interest expenditures are reported when due.		
This is the change in accrued interest in the current period.		1,376 	

Change in Net Position of Governmental Activities	 $	(73,602)

See accompanying notes to financial statements.

STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL - GENERAL FUND
For the Year Ended September 30, 2021

Variance with	
Final Budget	
Positive	
(Negative)	

Original	Final	
Budget	Budget	

Actual

Revenues	
Special assessments	
Investment income	
Miscellaneous revenues	

 	
$	367,145	$	367,145	$	367,962	$	817	
-	-	118	118	
	-  	- 		4,211  	4,211 	

Expenditures	
Current	
General government	
Physical environment	
Capital outlay	

Total Revenues		367,145  	367,145  	372,291  	5,146 

126,710	126,710	110,263	16,447	
228,435	228,435	165,258	63,177	
	12,000  	12,000  	7,860  	4,140 

	-  	-  	816,069  	816,069 	
 $	-   $	-   $	904,979   $	904,979 	

Total Expenditures		367,145  	367,145  	283,381  	83,764  Net Change in Fund Balances			-		-		88,910	88,910 Fund Balances - Beginning of Year
Fund Balances - End of Year

See accompanying notes to financial statements.

The financial statements of the District have been prepared in conformity with generally accepted accounting principles (GAAP) as applied to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard-setting body for establishing governmental accounting and financial reporting principles. The District's more significant accounting policies are described below.

Reporting Entity

The District was established on January 10, 2006, pursuant to the Uniform Community Development District Act of 1980, Chapter 190, Florida Statutes, as amended (the "Act"), by City of Jacksonville, Florida Ordinance 2005-14-17-E as a Community Development District. The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of the infrastructure necessary for community development within its jurisdiction. The District is authorized to issue bonds for the purpose, among others, of financing, funding, planning, establishing, acquiring, constructing district roads, landscaping, and other basic infrastructure projects within or outside the boundaries of the Bainebridge Community Development District. The District is governed by a five-member Board of Supervisors who are elected on an at large basis by qualified electors within the District. The District operates within the criteria established by Chapter 190, Florida Statutes.

As required by GAAP, these financial statements present the Bainebridge Community Development District (the primary government) as a stand-alone government. The reporting entity for the District includes all functions of government in which the District’s Board exercises oversight responsibility including, but not limited to, financial interdependency, selection of governing authority, designation of management, significant ability to influence operations and accountability for fiscal matters.

Based upon the application of the above-mentioned criteria as set forth by the Governmental Accounting Standards Board, the District has identified no component units.

Measurement Focus and Basis of Accounting

The basic financial statements of the District are composed of the following:

Government-wide financial statements

Fund financial statements

Notes to financial statements

Government-wide Financial Statements

The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Government- wide financial statements report all non-fiduciary information about the reporting government as a whole. These statements include all the governmental activities of the primary government. The effect of interfund activity has been removed from these statements.

Governmental activities are supported by special assessments and interest. Program revenues are netted with program expenses in the statement of activities to present the net cost of each program.

Amounts paid to acquire capital assets are capitalized as assets, rather than reported as an expenditure. Proceeds of long-term debt are recorded as liabilities in the government-wide financial statements, rather than as an other financing source.

Amounts paid to reduce long-term indebtedness of the reporting government are reported as a reduction of the related liability, rather than as an expenditure.

Fund Financial Statements

The underlying accounting system of the District is organized and operated on the basis of separate funds, each of which is considered to be a separate accounting entity. The operations of each fund are accounted for with a separate set of self- balancing accounts that comprise its assets, liabilities, fund equity, revenues and expenditures or expenses, as appropriate. Governmental resources are allocated to and accounted for in individual funds based upon the purposes for which they are to be spent and the means by which spending activities are controlled.

Fund financial statements for the primary government’s governmental funds are presented after the government-wide financial statements. These statements display information about major funds individually.

b. Fund Financial Statements (Continued) Governmental Funds
The District classifies fund balance according to Governmental Accounting Standards Board Statement 54 – Fund Balance Reporting and Governmental Fund Type Definitions. The Statement requires the fund balance for governmental funds to be reported in classifications that comprise a hierarchy based primarily on the extent to which the government is bound to honor constraints on the specific purposes for which amounts in those funds can be spent.

The District has various policies governing the fund balance classifications.

Nonspendable Fund Balance – This classification consists of amounts that cannot be spent because they are either not in spendable form or are legally or contractually required to be maintained intact.

Restricted Fund Balance – This classification includes amounts that can be spent only for specific purposes stipulated by constitution, external resource providers, or through enabling legislation.

Assigned Fund Balance – This classification consists of the Board of Supervisors’ intent to be used for specific purposes but are neither restricted nor committed. The assigned fund balances can also be assigned by the District’s management company.

Unassigned Fund Balance – This classification is the residual classification for the government’s general fund and includes all spendable amounts not contained in the other classifications. Unassigned fund balance is considered to be utilized first when an expenditure is incurred for purposes for which amounts in any of those unrestricted fund balance classifications could be used.

Fund Balance Spending Hierarchy – For all governmental funds except special revenue funds, when restricted, committed, assigned, and unassigned fund balances are combined in a fund, qualified expenditures are paid first from restricted or committed fund balance, as appropriate, then assigned and finally unassigned fund balances.

Measurement Focus and Basis of Accounting (Continued)

b. Fund Financial Statements (Continued) Governmental Funds (Continued)
Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are considered to be available when they are collected within the current period or soon thereafter to pay liabilities of the current period. For this purpose, the District considers revenues to be available if they are collected within 60 days of the end of the current fiscal period.

Expenditures generally are recorded when a liability is incurred, as under accrual accounting. Interest associated with the current fiscal period is considered to be an accrual item and so has been recognized as revenue of the current fiscal period.

Under the current financial resources measurement focus, only current assets and current liabilities are generally included on the balance sheet. The reported fund balance is considered to be a measure of “available spendable resources”.

Governmental fund operating statements present increases (revenues and other financing sources) and decreases (expenditures and other financing uses) in net current assets. Accordingly, they are said to present a summary of sources and uses of “available spendable resources” during a period.

Because of their spending measurement focus, expenditure recognition for governmental fund types excludes amounts represented by non-current liabilities. Since they do not affect net current assets, such long-term amounts are not recognized as governmental fund type expenditures or fund liabilities.

Amounts expended to acquire capital assets are recorded as expenditures in the year that resources are expended, rather than as fund assets. The proceeds of long- term debt are recorded as an other financing source rather than as a fund liability.

Debt service expenditures are recorded only when payment is due.

Basis of Presentation

Governmental Major Funds

General Fund – The General Fund is the District’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund.

Basis of Presentation (Continued)
Governmental Major Funds (Continued)
Debt Service Fund – Accounts for debt service requirements to retire the capital improvement bonds which were used to finance the construction of District infrastructure improvements.
Capital Projects Fund – The Capital Projects Funds account for construction of infrastructure improvements within the boundaries of the district.
Non-current Governmental Assets/Liabilities
GASB Statement 34 requires that non-current governmental assets, such as infrastructure and improvements, and non-current governmental liabilities, such as general obligation bonds and developer obligations be reported in the governmental activities column in the government-wide Statement of Net Position.
Assets, Liabilities, and Net Position or Equity
Cash and Investments
Florida Statutes require state and local governmental units to deposit monies with financial institutions classified as "Qualified Public Depositories," a multiple financial institution pool whereby groups of securities pledged by the various financial institutions provide common collateral from their deposits of public funds. This pool is provided as additional insurance to the federal depository insurance and allows for additional assessments against the member institutions, providing full insurance for public deposits.
The District is authorized to invest in those financial instruments as established by Section 218.415, Florida Statutes. The authorized investments consist of:
Direct obligations of the United States Treasury;
The Local Government Surplus Funds Trust or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperative Act of 1969;
Interest-bearing time deposits or savings accounts in authorized qualified public depositories;
Securities and Exchange Commission, registered money market funds with the highest credit quality rating from a nationally recognized rating agency.

For purposes of the statement of cash flows, cash equivalents include time deposits and all highly liquid debt instruments with original maturities of three months or less and held in a qualified public depository as defined by Section 280.02, Florida Statutes.

4. Assets, Liabilities, and Net Position or Equity (Continued)
Restricted Net Position
Certain net position of the District is classified as restricted on the statement of net position because their use is limited either by law through constitutional provisions or enabling legislation; or by restrictions imposed externally by creditors. In a fund with both restricted and unrestricted net position, qualified expenses are considered to be paid first from restricted net position and then from unrestricted net position.
Capital Assets
Capital assets, which include infrastructure, improvements other than buildings and equipment are reported in the governmental activities column.
The District defines capital assets as assets with an initial, individual cost of $5,000 or more and an estimated useful life in excess of two years. The valuation basis for all assets is historical cost.
The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend its useful life are not capitalized.
Major outlays for capital assets and improvements are capitalized as projects are constructed.
Depreciation of capital assets is computed and recorded by utilizing the straight-line method. Estimated useful lives of the various classes of depreciable capital assets rare as follows:
Infrastructure	23 years
Improvements	20 years
Equipment	5 years
e.  Bond Discounts
Bond discounts are amortized over the life of the bonds.
d. Budgets
Budgets are prepared and adopted after public hearings for the governmental funds, pursuant to Chapter 190, Florida Statutes. The District utilizes the same basis of accounting for budgets as it does for revenues and expenditures in its various funds. The legal level of budgetary control is at the fund level. All budgeted appropriations lapse at year end. Formal budgets are adopted for the general and debt service funds. As a result, deficits in the budget columns of the accompanying financial statements may occur.

All deposits are held in qualified public depositories and are included on the accompanying balance sheet as cash and investments.

Custodial Credit Risk – Deposits

Custodial credit risk is the risk that in the event of a bank failure, the District's deposits may not be returned to it. The District does not have a formal deposit policy for custodial credit risk; however, they follow the provisions of Chapter 280, Florida Statutes regarding deposits and investments. As of September 30, 2021, the District's bank balance was $894,360 and the carrying value was $893,560. Exposure to custodial credit risk was as follows. The District maintains all deposits in a qualified public depository in accordance with the provisions of Chapter 280, Florida Statutes, which means that all deposits are fully insured by Federal Depositors Insurance or collateralized under Chapter 280, Florida Statutes.

As of September 30, 2021, the District had the following investments and maturities:

Investment	Maturities	Fair Value
First American Treasury Obligations	13 Days*	 $	404,186 

*Maturity is a weighted average maturity
The District categorizes its fair value measurement within the fair value hierarchy established by generally accepted accounting principles. The fair value is the price that would be received to sell an asset, or paid to transfer a liability, in an orderly transaction between market participants at the measurement date. The hierarchy is based on the valuation inputs used to measure the fair value of the asset. The District uses a market approach in measuring fair value that uses prices and other relevant information generated by market transactions involving identical or similar assets, liabilities, or groups of assets and liabilities.

Assets or liabilities are classified into one of three levels. Level 1 is the most realizable and is based on quoted price for identical assets, or liabilities, in an active market. Level 2 uses significant other observable inputs when obtained quoted prices for identical or similar assets, or liabilities, in markets that are not active. Level 3 is the least reliable and uses significant unobservable inputs that uses the best information available under the circumstances which includes the District's own data in measuring unobservable inputs.

Based on the criteria in the preceding paragraph, the investment listed above is a Level 1 asset. Interest Rate Risk
The District does not have a formal investment policy that limits investment maturities as a means of managing its exposure to fair value losses arising from increasing interest rates.

Credit Risk

The District's investments in treasury funds, money markets and government loans are limited by state statutory requirements and bond compliance. The District has no investment policy that would further limit its investment choices. As of September 30, 2021, the District’s investments in First American Treasury Obligations was rated AAAm by Standard & Poor’s.

Concentration of Credit Risk

The District places no limit on the amount it may invest in any one fund. The investments in First American Treasury Obligations represent 100% of District’s total investments.

The types of deposits and investments and their level of risk exposure as of September 30, 2021 were typical of these items during the fiscal year then ended. The District considers any decline in fair value for certain investments to be temporary.

NOTE C – SPECIAL ASSESSMENT REVENUES
Assessments are non-ad valorem assessments on benefited property within the District. Operating and Maintenance Assessments are based upon the adopted budget and levied annually at a public hearing by the District. Debt Service Assessments are levied when bonds are issued and collected annually. The District may collect assessments directly or utilize the uniform method of collections (Chapter 197.3632, Florida Statues). Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are due and payable on November 1 or as soon as the assessment roll is certified and delivered to the Tax Collector. Per Section 197.162, Florida Statutes discounts are allowed for early payment at the rate of 4% in November, 3% in December, 2% in January, and 1% in February. Taxes paid in March are without discount.

All unpaid assessments become delinquent as of April 1. Virtually all unpaid assessments are collected via the sale of tax certificates on, or prior to, June 1; therefore, there were no material amounts receivable at fiscal year-end. Assessment levied for the 2020-2021 fiscal year were levied in October 2019.

Capital asset activity for the year ended September 30, 2021 was as follows:

	Balance October 1,
	2020			

	Additions			

 Disposals 		Balance September 30,
	2021		
Governmental activities:								
Capital assets, not being depreciated	$	7,860		$	-		$	7,860		$	-	

Capital assets, being depreciated:								
Infrastructure	3,207,578		-		-		3,207,578	
Improvements other than buildings	1,751,197		-		-		1,751,197	
Equipment		75,289 			15,720 			- 			91,009 	
Total Capital Assets, Being Depreciated		5,034,064 			15,720 			- 			5,049,784 	

Less accumulated depreciation for:
Infrastructure	(1,830,435)	(139,812)	-	(1,970,247)	
Improvements other than buildings	(1,123,671)	(87,560)	-	(1,211,231)	
Equipment		(45,788)		(9,596)		- 		(55,384)	
Total Accumulated Depreciation		(2,999,894)		(236,968)		- 		(3,236,862)	
Total Capital Assets Depreciated, Net	 $	2,042,030 	 $	(221,248)	 $	7,860 	 $	1,812,922 	

Current year depreciation of $236,968 was charged to physical environment.

NOTE E – LONG-TERM DEBT

Governmental Activities

The following is a summary of activity for long-term debt of the Governmental Activities for the year ended September 30, 2021:

Long-term debt at October 1, 2020	$	1,735,000 Principal payments			(60,000)
Long-term debt at September 30, 2021	$	1,675,000

Long-term debt for Governmental Activities is comprised of the following:

Special Assessment Bonds

$8,240,000 Series 2007 Special Assessment Bonds are due in annual principal installments beginning May 2009 maturing May 2038. Interest at a rate of 5.5% is due May and November
beginning November 2007. Current portion is $60,000.	$   1,675,000

The annual requirements to amortize the principal and interest of bonded debt outstanding as of September 30, 2021 are as follows:

Year Ending
  September 30, 	
	Principal		
	Interest		
	Total		

2022	
$	60,000	
$	92,125	
$	152,125	
2023	65,000	88,825	153,825	
2024	70,000	85,250	155,250	
2025	75,000	81,400	156,400	
2026	75,000	77,275	152,275	
2027-2031	450,000	319,000	769,000	
2032-2036	595,000	180,675	775,675	
2037-2038		285,000 		23,650 		308,650 	
Totals	 $  1,675,000 	 $	948,200 	 $  2,623,200 	

Summary of Significant Bond Resolution Terms and Covenants

The Series 2007 Bonds are subject to redemption at the option of the District prior to their maturity, in whole or in part, at any time after May 1, 2017 at a redemption price equal to the principal amount of the Series 2007 Bonds to be redeemed, together with accrued interest to the date of redemption. The Series 2007 Bonds are subject to extraordinary mandatory redemption prior to maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Trust Indenture.

The Trust Indenture established certain amounts be maintained in a reserve account. In addition, the Trust Indenture has certain restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements.

Depository Funds

The bond resolution establishes certain funds and determines the order in which revenues are to be deposited into these funds. A description of the significant funds, including their purposes, is as follows:

Reserve Funds – The Series 2007 Reserve Account was funded from the proceeds of the Series 2007 Bonds in an amount set forth in the bond indenture. The current reserve requirement is calculated as the reserve account percentage times the principal amount deemed outstanding. Monies held in the reserve accounts will be used only for the purposes established in the Trust Indenture.

The following is a schedule of required reserve balance as of September 30, 2021:

Reserve	Reserve
	Balance	  Requirement 

Special Assessmnet Bonds, Series 2007

 $	118,518 

 $	114,483 

 

NOTE F – RISK MANAGEMENT

The District is exposed to various risks of loss related to torts; theft of, damage to and destruction of assets; errors and omissions; and natural disasters for which the government carries commercial insurance. There were no claims or settled claims from these risks that exceeded commercial coverage in the last three years.

NOTE G – SUBSEQUENT EVENT

In November 2021, the District made a prepayment of $5,000 on the Series 2007 Special Assessment Bonds.

INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Bainebridge Community Development District Jacksonville, Florida

We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of Bainebridge Community Development District, as of and for the year ended September 30, 2021, and the related notes to the financial statements, and have issued our report thereon dated February 21, 2022.

Internal Control Over Financial Reporting

In planning and performing our audit, we considered Bainebridge Community Development District's internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of Bainebridge Community Development District’s internal control. Accordingly, we do not express an opinion on the effectiveness of Bainebridge Community Development District's internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

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Board of Supervisors
Bainebridge Community Development District

Compliance and Other Matters

As part of obtaining reasonable assurance about whether Bainebridge Community Development District's financial statements are free of material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida February 21, 2022

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MANAGEMENT LETTER

To the Board of Supervisors
Bainebridge Community Development District Jacksonville, Florida

Report on the Financial Statements

We have audited the financial statements of the Bainebridge Community Development District as of and for the year ended September 30, 2021, and have issued our report thereon dated February 21, 2022.

Auditor’s Responsibility

We conducted our audit in accordance with auditing standards generally accepted in the United States; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States and Chapter 10.550, Rules of the Florida Auditor General.

Other Reporting Requirements

We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards and our Independent Auditor’s Report on an examination conducted in accordance with AICPA Professionals Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated February 21, 2022, should be considered in conjunction with this management letter.

Prior Audit Findings

Section 10.554(1)(i)1., Rules of the Auditor General, requires that we determine whether or not corrective actions have been taken to address findings and recommendations made in the preceding financial audit report. There were no findings or recommendations in the preceding financial audit report.

Financial Condition and Management

Section 10.554(1)(i)5.a. and 10.556(7), Rules of the Auditor General, require us to apply appropriate procedures and communicate the results of our determination as to whether or not Bainebridge Community Development District has met one or more of the conditions described in Section 218.503(1), Florida Statutes, and to identify the specific conditions met. In connection with our audit, we determined that Bainebridge Community Development District did not meet any of the conditions described in Section 218.503(1) Florida Statutes.

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To the Board of Supervisors
Bainebridge Community Development District

Pursuant to Sections 10.554(1)(i)5.b. and 10.556(8), Rules of the Auditor General, we applied financial condition assessment procedures for Bainebridge Community Development District. It is management’s responsibility to monitor the Bainebridge Community Development District’s financial condition; our financial condition assessment was based in part on the representations made by management and the review of the financial information provided by the same as of September 30, 2021.

Section 10.554(1)(i)2., Rules of the Auditor General, requires that we communicate any recommendations to improve financial management. In connection with our audit, we did not have any such recommendations.

Specific Information

The information provided below was provided by management and has not been audited; therefore, we do not express an opinion or provide any assurance on the information.
As required by Section 218.39(3)(c), Florida Statutes, and Section 10.554(1)(i)6, Rules of the Auditor General, the Bainebridge Community Development District reported:
The total number of district employees compensated in the last pay period of the District’s fiscal year: The District did not have any employees other than the 5 Board Members.
The total number of independent contractors to whom nonemployee compensation was paid in the last month of the District’s fiscal year: 9
All compensation earned by or awarded to employees, whether paid or accrued, regardless of contingency: none
All compensation earned by or awarded to nonemployee independent contractors, whether paid or accrued, regardless of contingency: $28,889.48
Each construction project with a total cost of at least $65,000 approved by the District that is scheduled to begin on or after October 1, 2020, together with the total expenditures for such project: The District had no construction projects during the year.
A budget variance based on the budget adopted under Section 189.016(4), Florida Statutes, before the beginning of the fiscal year being reported if the District amends a final adopted budget under Section 189.016(6), Florida Statutes: There were no amendments to the FY 2021 budget.

As required by Section 218.39(3)(c), Florida Statutes, and Section 10.554(1)(i)8, Rules of the Auditor General, the Bainebridge Community Development District reported:
The rate or rates of non-ad valorem special assessments imposed by the District: General Fund $734.29 and the Debt Service Fund $535.05/$1,080.97/$399.31.
The amount of special assessments collected by or on behalf of the District: Total Special Assessments collected was $529,539.
The total amount of outstanding bonds issued by the District and the terms of such bonds: $1,675,000, issued in 2007, fixed rate 5.5%, matures May, 2038.

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To the Board of Supervisors
Bainebridge Community Development District

Additional Matters

Section 10.554(1)(i)3., Rules of the Auditor General, requires us to communicate noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but warrants the attention of those charged with governance. In connection with our audit, we did not note any such findings.

Purpose of this Letter

Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, the Board of Supervisors, and applicable management, and is not intended to be and should not be used by anyone other than these specified parties.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida February 21, 2022

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INDEPENDENT ACCOUNTANTS’ REPORT/COMPLIANCE WITH SECTION 218.415, FLORIDA STATUTES

To the Board of Supervisors
Bainebridge Community Development District Jacksonville, Florida

We have examined Bainebridge Community Development District's compliance with Section 218.415, Florida Statutes during the year ended September 30, 2021. Management is responsible for Bainebridge Community Development District’s compliance with those requirements. Our responsibility is to express an opinion on Bainebridge Community Development District’s compliance based on our examination.

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence about Bainebridge Community Development District’s compliance with those requirements and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on Bainebridge Community Development District's compliance with the specified requirements.

In our opinion, Bainebridge Community Development District complied, in all material respects, with the aforementioned requirements during the year ended September 30, 2021.

Berger, Toombs, Elam, Gaines & Frank Certified Public Accountants PL
Fort Pierce, Florida February 21, 2022

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