Hickory Tree Community Development District

Meeting Agenda April 29, 2025

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Hickory Tree
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
April 22, 2025

Board of Supervisors Meeting
Hickory Tree Community Development District
Dear Board Members:

A meeting of the Board of Supervisors of the Hickory Tree Community Development District will be held on Tuesday, April 29, 2025 at 9:30 AM at the West Osceola Branch Library, 305 Campus Street, Celebration, Florida 34747.

Zoom Video Link: https://us06web.zoom.us/j/86906862579
Zoom Call-In Number: 1-646-876-9923
Meeting ID: 869 0686 2579

Following is the advance agenda for the meeting:

Board of Supervisors Meeting

Roll Call
Public Comment Period (Public Comments will be limited to three (3) minutes each)
Approval of Minutes of the November 5, 2024 Landowners Meeting and the November 13, 2024 Board of Supervisors Meeting
Consideration of Resolution 2025-05 Approving the Proposed Fiscal Year 2025/2026 Budget (Suggested Date: August 6, 2025) and Setting the Public Hearing on the Adoption of the Fiscal Year 2025/2026 Budget
Ratification of 2025 Data Sharing and Usage Agreement with Osceola County Property Apprasier
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

MINUTES

MINUTES OF MEETING HICKORY TREE
COMMUNITY DEVELOPMENT DISTRICT

The Landowners’ meeting and Election of the Board of Supervisors of the Hickory Tree Community Development District was held on Tuesday, November 5, 2024, at 10:00 a.m. at the West Osceola Branch Library, 305 Campus Street, Celebration, Florida.

Present were:

Monica Virgen

FIRST ORDER OF BUSINESS	Determination of Number of Voting Units
Represented
Ms. Virgen stated there was a landowner proxy from Clayton Properties Group, LLC with 93 authorized votes.

SECOND ORDER OF BUSINESS	Call to Order
Ms. Virgen called the meeting to order and called the roll.

THIRD ORDER OF BUSNESS	Election of Chairman for the Purpose of
Conducting the Landowners’ Meeting
Ms. Virgen was elected Chairman for the purpose of conducting the Landowners’ meeting.

FOURTH ORDER OF BUSNESS	Nominations	for	the	Positions	of
Supervisor
Ms. Virgen stated the landowner proxy is assigned to Monica Virgen on behalf of Clayton Properties Group, LLC with 93 authorized votes. She nominated David Adams to Seat #3, Garret Parkinson to Seat #4, and Kareyann Ellison to Seat #5.

FIFTH ORDER OF BUSNESS	Casting of Ballots
Ms. Virgen cast 90 votes for David Adams, 90 votes for Garret Parkinson, and 85 votes for Kareyann Ellison.

November 5, 2024	Hickory Tree CDD

SIXTH ORDER OF BUSNESS	Ballot Tabulation
Ms. Virgen stated David Adams and Garret Parkinson will serve four-year terms and Kareyann Ellison will serve a two-year term.

SEVENTH ORDER OF BUSNESS	Landowners’ Questions and Comments
There being no questions or comments, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment
Ms. Virgen adjourned the meeting.

Secretary/Assistant Secretary	Chairman/Vice Chairman

2

MINUTES OF MEETING HICKORY TREE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Hickory Tree Community Development District was held Wednesday, November 13, 2024, at 9:40 a.m. at the Holiday Inn & Suites Orlando SW – Celebration Area, 5711 W Irlo Bronson Memorial Hwy, Kissimmee, Florida.

Present and constituting a quorum:

Milton Andrade	Chairman
Brian Walsh	Vice Chairman
Garret Parkinson	Assistant Secretary
Kareyann Ellison by Zoom	Assistant Secretary
David Adams	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Patrick Collins	District Counsel, Kilinski Van Wyk
Rey Malave by Zoom	District Engineer, Dewberry
Joey Duncan by Zoom	District Engineer, Dewberry

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order and called the roll. Four Board members were present in person constituting a quorum and one Board member was present via Zoom.

SECOND ORDER OF BUSINESS	Public Comment Period
There were no members of the public present for the meeting, so the next item followed.

THIRD ORDER OF BUSINESS	Organizational Matters
Administration of Oaths of Office to Newly Elected Board Members
Ms. Burns noted that Ms. Ellison, Mr. Parkinson, and Mr. Adams were all elected at the Landowners’ Election, and she administered the oath of office to Mr. Parkinson and Mr. Adams. Ms. Ellison will be sworn in at the next meeting when she is present in person.

November 13, 2024	Hickory Tree CDD

Consideration of Resolution 2025-01 Canvassing and Certifying the Results of the Landowners’ Election
Ms. Burns presented the results of the Landowners’ Election from the three Supervisors who were elected, the number of votes they received, and the terms they will serve. She offered to answer any questions. There being none, she asked for a motion of approval.

On MOTION by Mr. Andrade, seconded by Mr. Parkinson, with all in favor, Resolution 2025-01 Canvassing and Certifying the Results of the Landowners’ Election, was approved.

Election of Officers
Ms. Burns noted that anytime there is a Landowners’ Election the Board needs to appoint new officers.

Consideration of Resolution 2025-02 Electing Officers
Ms. Burns stated that previously Mr. Andrade served as the Chairman and Mr. Walsh served as Vice Chairman and the rest of the Board members served as Assistant Secretaries. George Flint from the GMS office also served as an Assistant Secretary and Ms. Burns served as the Secretary. If the Board would like to keep that slate of officers, she would just need a motion of approval to do so. The Board motioned to keep the officers the same.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, Resolution 2025-02 Electing Officers, was approved.

FOURTH ORDER OF BUSINESS	Approval of Minutes of the August 7, 2024
Board of Supervisors Meeting
Ms. Burns presented the minutes of the August 7, 2024 Board of Supervisors meeting. She asked if the Board had any questions, comments, or corrections. The Board had no changes to the minutes and there was a motion of approval.

On MOTION by Mr. Andrade, seconded by Mr. Parkinson, with all in favor, the Minutes of the August 7, 2024, Board of Supervisors Meeting, were approved.

2

November 13, 2024	Hickory Tree CDD

FIFTH ORDER OF BUSINESS	Consideration	of	Resolution	2025-03
Ratifying Series 2024 (Assessment Area One) Bonds
Ms. Burns stated presented the resolution and noted that the District closed on the Assessment Area One bonds on August 27, 2024 and this resolution ratifies, confirms, and approves all actions taken by District Officers and staff in coordination of the closing of that series of bonds. She offered to answer any Board questions. Hearing no questions, there was a motion of approval.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, Resolution 2025-03 Ratifying Series 2024 (Assessment Area One) Bonds, was approved.

SIXTH ORDER OF BUSINESS	Consideration  of  Disclosure  of  Public
Financing
Ms. Burns stated that this will be recorded in the public records to put potential property owners on notice of the lean placed by the assessments. She offered to answer any Board questions. There being no questions, there was a motion of approval and authorization for counsel to record.

On MOTION by Mr. Walsh, seconded by Mr. Andrade, with all in favor, the Disclosure of Public Financing, was approved.

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Mr. Collins had no report for the Board and offered to answer any questions. There being none, the next item followed.

Engineer
Mr. Malave had nothing to report to the Board.

District Manager’s Report
Approval of Check Register

3

November 13, 2024	Hickory Tree CDD

Ms. Burns presented the check register from July 24, 2024 through October 31, 2024 totaling $297,349.29. She offered to answer any questions for the Board. Hearing no questions, she asked for a motion of approval.

On MOTION by Mr. Andrade, seconded by Mr. Walsh, with all in favor, the Check Register, was approved.

Balance Sheet & Income Statement
Ms. Burns noted that financial statements are included in the agenda package for review and stated that there is no action necessary from the Board.

EIGHTH ORDER OF BUSINESS	Other Business
There being no comments, the next item followed.

NINTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
There being no comments, the next item followed.

TENTH ORDER OF BUSINESS	Adjournment
Ms. Burns asked for a motion to adjourn the meeting.

On MOTION by Mr. Andrade, seconded by Mr. Parkinson, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

4

Section IV

RESOLUTION 2025-05
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE HICKORY TREE COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGETS FOR FISCAL YEAR 2026 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the District Manager has, prior to June 15, 2025, prepared and submitted to the Board of Supervisors (“Board”) of the Hickory Tree Community Development District (“District”) proposed budgets (together, “Proposed Budget”) for the fiscal year beginning October 1, 2025, and ending September 30, 2026 (“Fiscal Year 2026”); and

WHEREAS, the Board has considered the Proposed Budget and desires to set the required public hearing thereon.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE HICKORY TREE COMMUNITY DEVELOPMENT DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2026 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:
DATE:	Wednesday, August 6, 2025
TIME:	9:15 AM
LOCATION:	Holiday Inn & Suites Orlando SW - Celebration Area 5711 W Irlo Bronson Memorial Hwy
Kissimmee, Florida 34746

TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL-PURPOSE
GOVERNMENT. The District Manager is hereby directed to submit a copy of the Proposed Budget to Osceola County at least sixty (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 (2) days before the budget hearing date as set forth in Section 2, and shall remain on the website for at least forty-five (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 29TH DAY OF APRIL 2025.

ATTEST:	HICKORY TREE COMMUNITY
DEVELOPMENT DISTRICT

By: 	

Secretary	Its: 	

Exhibit A:	Proposed Budget for Fiscal Year 2026

Hickory Tree
Community Development District

Proposed Budget
FY2026

6M3

Table of Contents

1

2-4

5

General Fund

General Fund Narrative

Debt Service Fund - Series 2024

6-7	Amortization Schedule - Series 2024

Hickory Tree
Community Development District Proposed Budget
General Fund

Adopted Budget	Actuals Thru	Projected Next	Total Projected	Proposed Budget	
Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues						
Developer Contributions	$	391,537	$	20,000	$	203,551	$	223,551	$	647,999	
Total Revenues	$	391,537	$	20,000	$	203,551	$	223,551	$	647,999	

Expenditures						
General & Administrative						
Supervisor Fees	$	12,000	$	800	$	3,400	$	4,200	$	12,000	
FICA Expense	$	-	$	-	$	260	$	321	$	918	
Engineering	$	15,000	$	2,105	$	7,500	$	9,605	$	15,000	
Attorney	$	25,000	$	3,169	$	12,500	$	15,669	$	25,000	
Annual Audit	$	4,000	$	-	$	3,750	$	3,750	$	4,000	
Assessment Administration	$	5,000	$	-	$	-	$	-	$	5,000	
Arbitrage	$	450	$	-	$	-	$	-	$	450	
Disclosure Software	$	-	$	-	$	-	$	-	$	2,500	
Dissemination	$	5,000	$	2,500	$	2,500	$	5,000	$	5,150	
Trustee Fees	$	4,042	$	-	$	-	$	-	$	4,446	
Management Fees	$	39,375	$	19,688	$	19,688	$	39,375	$	40,556	
Information Technology	$	1,890	$	945	$	945	$	1,890	$	1,947	
Website Maintenance	$	1,260	$	630	$	630	$	1,260	$	1,298	
Postage & Delivery	$	1,000	$	158	$	158	$	317	$	1,000	
Insurance	$	5,720	$	5,408	$	-	$	5,408	$	6,934	
Copies	$	1,000	$	-	$	500	$	500	$	1,000	
Legal Advertising	$	15,000	$	369	$	7,500	$	7,869	$	15,000	
Other Current Charges	$	5,000	$	397	$	2,500	$	2,897	$	5,000	
Office Supplies	$	625	$	3	$	313	$	315	$	625	
Dues, Licenses & Subscriptions	$	175	$	175	$	-	$	175	$	175	
Total General & Administrative:	$	141,537	$	36,346	$	62,143	$	98,551	$	147,999	

Operations & Maintenance						
Field Contingency	$	250,000	$	-	$	125,000	$	125,000	$	500,000	
Total Operations & Maintenance:	$	250,000	$	-	$	125,000	$	125,000	$	500,000	
						
Total Expenditures	$	391,537	$	36,346	$	187,143	$	223,551	$	647,999	
						
Excess Revenues/(Expenditures)	$	-	$	(16,346)	$	16,407	$	-	$	-	

1

Hickory Tree
Community Development District
General Fund Narrative

Revenues:

Developer Contributions

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

Expenditures:

General & Administrative:

Supervisor Fees

Chapter 190, Florida Statutes, allows for each Board member to receive $200 per meeting, not to exceed
$4,800 per year paid to each Supervisor for the time devoted to District business and meetings.

FICA Expense

Represents the Employer’s share of Social Security and Medicare taxes withheld from Board of Supervisor checks.

Engineering

The District's engineer will be providing general engineering services to the District, e.g. attendance and preparation for monthly board meetings, review invoices and various projects as directed by the Board of Supervisors and the District Manager.

Attorney

The District's legal counsel will be providing general legal services to the District, e.g. attendance and preparation for meetings, preparation and review of agreements, resolutions, etc. as directed by the Board of Supervisors and the District Manager.

Annual Audit

The District is required by Florida Statutes to arrange for an independent audit of its financial records on an annual basis.

Assessment Administration

The District will contract to levy and administer the collection of non-ad valorem assessment on all assessable property within the District.

Arbitrage

The District will contract with an independent certified public accountant to annually calculate the District’s Arbitrage Rebate Liability on an anticipated bond issuance.

2

Hickory Tree
Community Development District
General Fund Narrative

Disclosure Software

The District has contracted with DTS to provide software platform for filing various reports required in accordance with the Continuing Disclosure Agreements for the various bond issue(s).

Dissemination

The District is required by the Security and Exchange Commission to comply with Rule 15c2-12(b)(5) which relates to additional reporting requirements for unrated bond issues. This cost is based upon an anticipated bond issuance.

Trustee Fees

The District will incur trustee related costs with the issuance of its’ issued bonds.

Management Fees

The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-Central Florida, LLC. The services include but are not limited to, recording and transcription of board meetings, administrative services, budget preparation, all financial reports, annual audits, etc.

Information Technology

Represents various cost of information technology for the District such as video conferencing, cloud storage and servers, positive pay implementation and programming for fraud protection, accounting software, tablets for meetings, Adobe, Microsoft Office, etc.

Website Maintenance

Represents the costs associated with monitoring and maintaining the District’s website created in accordance with Chapter 189, Florida Statutes. These services include site performance assessments, security and firewall maintenance, updates, document uploads, hosting and domain renewals, website backups, etc.

Postage & Delivery

The District incurs charges for mailing of Board meeting agenda packages, overnight deliveries, correspondence, etc.

Insurance

The District’s general liability and public official’s liability insurance coverages.

Copies

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

Legal Advertising

The District is required to advertise various notices for monthly Board meetings, public hearings, etc. in a newspaper of general circulation.

3

Hickory Tree
Community Development District
General Fund Narrative

Other Current Charges

Bank charges and any other miscellaneous expenses incurred during the year.

Office Supplies

Any supplies that may need to be purchased during the fiscal year, e.g., paper, minute books, file folders, labels, paper clips, etc.

Dues, Licenses & Subscriptions

The District is required to pay an annual fee to the Florida Department of Economic Opportunity for
$175. This is the only expense under this category for the District.

Operations & Maintenance:

Field Contingency

Represents funds allocated to expenses that the District could incur throughout the fiscal year that do not fit into any field category.

4

Hickory Tree
Community Development District

Proposed Budget Debt Service Fund Series 2024

		Adopted Budget	Actuals Thru	Projected Next	Projected Thru	Proposed Budget	
	Description	FY2025	3/31/25	6 Months	9/30/25	FY2026	

Revenues							

Assessments	
$	-	$	-	
$	551,429	
$	551,429	
$	1,406,446	
Interest Income	$	-	$	45,758	$	45,758	$	91,517	$	45,758	
Carry Forward Surplus	$	-	$	749,036	$	-	$	749,036	$	611,867	
Total Revenues	$	-	$	794,794	$	597,187	$	1,391,981	$	2,064,072	
Expenses
Interest- 11/01	

$	-	$	196,064	

$	-	

$	196,064	

$	551,429	
Principal - 05/01	$	-	$	-	$	-	$	-	$	310,000	
Interest - 05/01	$	-	$	-	$	551,429	$	551,429	$	551,429	
Total Expenditures	$	-	$	196,064	$	551,429	$	747,492	$	1,412,858	

Other Financing Sources/(Uses)

Transfer In/(Out)

$	-	$

(32,622)  $

-	$	(32,622)  $	-

Excess Revenues/(Expenditures)	$	-	$	566,109	$	45,758	$	611,867	$	651,214

Total Other Financing Sources/(Uses)	$	-	$	(32,622)  $	-	$	(32,622)  $	-

*Carry forward less amount in Reserve funds.

Series 2024
Interest - 11/01/26	$544,454

Product Types	Assessable Units	Net Assessment	Net Per Unit	Gross Per Unit	
Townhome	92	$212,818	$2,313.24	$2,460.89	
Single Family 40'	44	$140,929	$3,202.94	$3,407.38	
Single Family 50'	279	$992,911	$3,558.82	$3,785.98	
Single Family 60'	9	$38,435	$4,270.58	$4,543.17	
Single Family 75'	4	$21,353	$5,338.23	$5,678.97	
Totals	428	$1,406,446			

5

Hickory Tree Community Development District Series 2024 Special Assessment Bonds
Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

11/01/24	$	21,000,000.00	$	-	$	196,063.56	$	196,063.56	
05/01/25	$	21,000,000.00	$	-	$	551,428.75		
11/01/25	$	21,000,000.00	$	-	$	551,428.75	$	1,102,857.50	
05/01/26	$	21,000,000.00	$	310,000.00	$	551,428.75		
11/01/26	$	20,690,000.00	$	-	$	544,453.75	$	1,405,882.50	
05/01/27	$	20,690,000.00	$	320,000.00	$	544,453.75		
11/01/27	$	20,370,000.00	$	-	$	537,253.75	$	1,401,707.50	
05/01/28	$	20,370,000.00	$	335,000.00	$	537,253.75		
11/01/28	$	20,035,000.00	$	-	$	529,716.25	$	1,401,970.00	
05/01/29	$	20,035,000.00	$	355,000.00	$	529,716.25		
11/01/29	$	19,680,000.00	$	-	$	521,728.75	$	1,406,445.00	
05/01/30	$	19,680,000.00	$	370,000.00	$	521,728.75		
11/01/30	$	19,310,000.00	$	-	$	513,403.75	$	1,405,132.50	
05/01/31	$	19,310,000.00	$	385,000.00	$	513,403.75		
11/01/31	$	18,925,000.00	$	-	$	504,741.25	$	1,403,145.00	
05/01/32	$	18,925,000.00	$	405,000.00	$	504,741.25		
11/01/32	$	18,520,000.00	$	-	$	494,312.50	$	1,404,053.75	
05/01/33	$	18,520,000.00	$	425,000.00	$	494,312.50		
11/01/33	$	18,095,000.00	$	-	$	483,368.75	$	1,402,681.25	
05/01/34	$	18,095,000.00	$	450,000.00	$	483,368.75		
11/01/34	$	17,645,000.00	$	-	$	471,781.25	$	1,405,150.00	
05/01/35	$	17,645,000.00	$	475,000.00	$	471,781.25		
11/01/35	$	17,170,000.00	$	-	$	459,550.00	$	1,406,331.25	
05/01/36	$	17,170,000.00	$	500,000.00	$	459,550.00		
11/01/36	$	16,670,000.00	$	-	$	446,675.00	$	1,406,225.00	
05/01/37	$	16,670,000.00	$	525,000.00	$	446,675.00		
11/01/37	$	16,145,000.00	$	-	$	433,156.25	$	1,404,831.25	
05/01/38	$	16,145,000.00	$	550,000.00	$	433,156.25		
11/01/38	$	15,595,000.00	$	-	$	418,993.75	$	1,402,150.00	
05/01/39	$	15,595,000.00	$	580,000.00	$	418,993.75		
11/01/39	$	15,015,000.00	$	-	$	404,058.75	$	1,403,052.50	
05/01/40	$	15,015,000.00	$	610,000.00	$	404,058.75		
11/01/40	$	14,405,000.00	$	-	$	388,351.25	$	1,402,410.00	
05/01/41	$	14,405,000.00	$	645,000.00	$	388,351.25		
11/01/41	$	13,080,000.00	$	-	$	371,742.50	$	1,405,093.75	
05/01/42	$	11,615,000.00	$	680,000.00	$	371,742.50		
11/01/42	$	11,615,000.00	$	-	$	354,232.50	$	1,405,975.00	
05/01/43	$	11,615,000.00	$	715,000.00	$	354,232.50		
11/01/43	$	11,615,000.00	$	-	$	335,821.25	$	1,405,053.75	
05/01/44	$	11,615,000.00	$	750,000.00	$	335,821.25		
11/01/44	$	11,615,000.00	$	-	$	316,508.75	$	1,402,330.00	
05/01/45	$	11,615,000.00	$	790,000.00	$	316,508.75		
11/01/45	$	10,825,000.00	$	-	$	294,981.25	$	1,401,490.00	
05/01/46	$	10,825,000.00	$	835,000.00	$	294,981.25		
11/01/46	$	9,990,000.00	$	-	$	272,227.50	$	1,402,208.75	

6

Hickory Tree Community Development District Series 2024 Special Assessment Bonds
Amortization Schedule

Date	Balance	Prinicpal	Interest	Total

05/01/47	$	9,990,000.00	$	885,000.00	$	272,227.50		
11/01/47	$	9,105,000.00	$	-	$	248,111.25	$	1,405,338.75	
05/01/48	$	9,105,000.00	$	935,000.00	$	248,111.25		
11/01/48	$	8,170,000.00	$	-	$	222,632.50	$	1,405,743.75	
05/01/49	$	8,170,000.00	$	985,000.00	$	222,632.50		
11/01/49	$	7,185,000.00	$	-	$	195,791.25	$	1,403,423.75	
05/01/50	$	7,185,000.00	$	1,040,000.00	$	195,791.25		
11/01/50	$	6,145,000.00	$	-	$	167,451.25	$	1,403,242.50	
05/01/51	$	6,145,000.00	$	1,100,000.00	$	167,451.25		
11/01/51	$	5,045,000.00	$	-	$	137,476.25	$	1,404,927.50	
05/01/52	$	5,045,000.00	$	1,160,000.00	$	137,476.25		
11/01/52	$	3,885,000.00	$	-	$	105,866.25	$	1,403,342.50	
05/01/53	$	3,885,000.00	$	1,225,000.00	$	105,866.25	$	-	
11/01/53	$	2,660,000.00	$	-	$	72,485.00	$	1,403,351.25	
05/01/54	$	2,660,000.00	$	1,295,000.00	$	72,485.00	$	-	
11/01/54	$	1,365,000.00	$	-	$	37,196.25	$	1,404,681.25	
05/01/55	$	1,365,000.00	$	1,365,000.00	$	37,196.25	$	1,402,196.25	
			$	21,000,000.00	$	22,418,487.31	$	43,418,487.31	

7

Section V

KATRINA SCARB0R0,UGH, CFA1 CCF,--C­ OSCE0LA COUNTY PROPERTY	PPRAISER

Hickory Tree CDD
This Data Sharing And Usage Agreement, hereafter referred to as "Agreement," establishes the terms and conditions under which the Hickory Tree CDD, hereafter referred to as agency, can acquire and use Osceola County Property Appraiser (OCPA) data that is exempt from Public Records disclosure as defined in FS 119.071.
Please note the referenced statute has amended as of October 1, 2021. The paragraph below reflects the changes.

The confidentiality of personal identifying and location information including: names, mailing address, or any other descriptive property information that may reveal identity or home address pertaining to parcels owned by individuals that have received exempt/confidential status, hereafter referred to as confidential personal identifying and location information, will be protected as follows:
The agency will not release confidential personal identifying and location information that may reveal identifying and location information of individuals exempted from Public Records disclosure.
The agency will not present the confidential personal identifying and location information in the results of data analysis (including maps) in any manner that would reveal personal identifying and location information of individuals exempted from Public Records disclosure.
The agency shall comply with all State laws and regulations governing the confidentiality of personal identifying and location information that is the subject of this Agreement.
The agency shall ensure any employee granted access to confidential personal identifying and location information is subject to the terms and conditions of this Agreement.
The agency shall ensure any third party granted access to confidential personal identifying and location information is subject to the terms and conditions of this Agreement. Acceptance of these terms must be provided in writing to the agency by the third party before personal identifying and location information is released.
The terms of this Agreement shall commence on January 1, 2025 and shall run until December 31, 2025, the date if signature by the parties notwithstanding. This Agreement shall not automatically renew. A new agreement will be provided annually for the following year.
IN WITNESS THEREOF, both the Osceola County Property Appraiser, through its duly authorized representative, and the agency, through its duly authorized representative, have hereunto executed this Data Sharing and Usage Agreement as of the last below written date.

Sign

 ickoryTree	 	

,,  =sgnature:_ '+--+------ _,_cc-='->,,_   ..,,,-=------	

Print:_==.,.,._,,"--"',,,.,_,i"-"-'-=..,h"	'-_,,,

Print:	j"'	s-

Date:_"4 1/-5 -/2  -0 5 ---  	Title:	v·1Jm11t l'V1.ti-t.. I.kU'.-th".1_J
Date:_1_- 2 f_-_2_O_2_5		_ Please returned signed original copy, no later than January 31, 2025.

2505 E IRLO BRONSON MEMORIAL HWY, KISSIMMEE, FL 34744	(407) 742-5000 INFO@PROPERTY-APPRAISER.ORG • PROPERTY-APPRAISER.ORG

Section VI

Section C

Section 1

Hickory Tree Community Development District

Summary of Check Register

November 1, 2024 through April 15, 2025

	Fund	Date	Check No.'s	Amount	

General Fund					
		11/5/24	139	$	80.16	
		11/11/24	140	$	7,007.50	
		11/12/24	141	$	3,961.14	
		11/15/24	142-143	$	1,340,170.05	
		11/21/24	144	$	58,307.00	
		11/26/24	145-150	$	2,141,862.15	
		12/3/24	151	$	3,500.00	
		12/10/24	152-153	$	1,914.97	
		12/18/24	154	$	3,963.64	
		12/30/24	155	$	305.00	
		1/3/25	156-158	$	1,210,954.71	
		1/14/25	159	$	4,098.42	
		1/22/25	160	$	290.25	
		1/24/25	161	$	2,029,240.03	
		2/11/25	162-163	$	782,892.09	
		2/20/25	164-166	$	1,275,879.56	
		2/25/25	167	$	78.22	
		3/4/25	168-169	$	478.50	
		3/12/25	170-172	$	4,004.17	
		3/13/25	173-174	$	564,006.56	
		3/25/25	175	$	131.50	
		4/2/25	176	$	1,440.00	
		4/4/25	177-178	$	1,647,870.69	
		4/10/25	179-180	$	88,158.00	
		4/15/25	181-182	$	4,172.74	

Total Amount	$	11,174,767.05

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/22/25	PAGE	1
*** CHECK DATES 11/01/2024 - 04/15/2025 ***	GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
11/05/24 00004 10/28/24 88606387 202410 310-51300-48000	*	80.16
NOT OF BOS MEETING
OSCEOLA NEWS-GAZETTE	80.16 000139
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/11/24 00013 10/08/24 5292121	202411 300-20700-10100	*	7,007.50
031 FR#24
HANSON WALTER & ASSOCIATES, INC.	7,007.50 000140
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/12/24 00001 11/01/24 32	202411 310-51300-34000	*	3,281.25
MANAGEMENT FEES NOV24
11/01/24 32	202411 310-51300-35200	*	105.00
WEBSITE ADMIN NOV24
11/01/24 32	202411 310-51300-35100	*	157.50
INFORMATION TECH NOV24
11/01/24 32	202411 310-51300-31300	*	416.67
DISSEMINATION SVCS NOV24
11/01/24 32	202411 310-51300-51000	*	.03
OFFICE SUPPLIES NOV24
11/01/24 32	202411 310-51300-42000	*	.69
POSTAGE NOV24
GOVERNMENTAL MANAGEMENT SERVICES-CF	3,961.14 000141
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/15/24 00015 10/10/24 PAYAPP#2 202411 300-20700-10100	*	1,339,150.05
031 FR#26
BLUE OX ENTERPRISES, LLC	1,339,150.05 000142
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/15/24 00019 10/28/24 22425899 202411 300-20700-10100	*	1,020.00
031 FR#25
DEWBERRY ENGINEERS INC.	1,020.00 000143

300-20700-10100	*	47,767.00	
300-20700-10100	*	10,540.00	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/21/24 00020 11/01/24 1284	202411
031 FR#28
11/01/24 1285	202411

- - - - - - - - 11/26/24 00005	BRYANT UNDERGROUND
- - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/13/24 BW111320 202411 310-51300-11000	SOLUTIONS
- - - - -	LLC
- -	-	-	-	- -
*	-	-	-	-	-	-	- - - -	58,307.00
- - - - -	000144
- - -	
	BRIAN WALSH														200.00	000145	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - -	- -	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
11/26/24 00006	11/13/24 GP111320 202411 310-51300-11000						*							200.00			
	SUPERVISOR FEE 11/13/24																
	GARRET PARKINSON														200.00	000146	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - -	- -	-	-	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
11/26/24 00003	11/17/24 10679	202410 310-51300-31500						*							738.00			
	GENERAL COUNSEL OCT24																

031 FR#28

SUPERVISOR FEE 11/13/24

200.00

KILINSKI VAN WYK PLLC	738.00 000147
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HKTR HICKORY TREE	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/22/25	PAGE	2
*** CHECK DATES 11/01/2024 - 04/15/2025 ***	GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
11/26/24 00008 11/13/24 MA111320 202411 310-51300-11000	*	200.00
SUPERVISOR FEE 11/13/24
MILTON ANDRADE	200.00 000148

300-20700-10100	*	425,566.83	
300-20700-10100	*	1,708,557.32	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/26/24 00015 10/25/24 PAYAPP#2 202411
031 FR#29
11/10/24 PAYAPP#2 202411
031 FR#29
BLUE OX ENTERPRISES, LLC	2,134,124.15 000149
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/26/24 00013 10/31/24 5292380	202411 300-20700-10100	*	6,400.00

	HANSON WALTER & ASSOCIATES, INC.											6,400.00	000150	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
12/03/24 00014	10/25/24 43779	202412 300-20700-10100				*						3,500.00			
	031 FR#27													
	JOHNSTON'S SURVEYING, INC.											3,500.00	000151	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
12/10/24 00021	11/13/24 DA111320 202411 310-51300-11000				*						200.00			
	SUPERVISOR FEE 11/13/24													
	DAVID S ADAMS											200.00	000152	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	-	-	-	- -	-	-	-	-	-	- - - - -	- - - - -	- - -	
12/10/24 00003	12/07/24 10996	202411 310-51300-31500				*						1,714.97			
	GENERAL COUNSEL NOV24													

031 FR#30

KILINSKI VAN WYK PLLC	1,714.97 000153
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/18/24 00001 12/01/24 33	202412 310-51300-34000	*	3,281.25
MANAGEMENT FEES DEC24
12/01/24 33	202412 310-51300-35200	*	105.00
WEBSITE ADMIN DEC24
12/01/24 33	202412 310-51300-35100	*	157.50
INFORMATION TECH DEC24
12/01/24 33	202412 310-51300-31300	*	416.67
DISSEMINATION SVCS DEC24
12/01/24 33	202412 310-51300-51000	*	2.53
OFFICE SUPPLIES DEC24
12/01/24 33	202412 310-51300-42000	*	.69
POSTAGE DEC24
GOVERNMENTAL MANAGEMENT SERVICES-CF	3,963.64 000154
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/30/24 00019 12/26/24 22431808 202411 310-51300-31100	*	305.00
GENERAL ENGINEERING NOV24
DEWBERRY ENGINEERS INC.	305.00 000155
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/03/25 00015 11/25/24 PAYAPP#2 202412 300-20700-10100	*	1,158,263.71
031 FR#32
BLUE OX ENTERPRISES, LLC	1,158,263.71 000156
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HKTR HICKORY TREE	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/22/25	PAGE	3
*** CHECK DATES 11/01/2024 - 04/15/2025 ***	GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/03/25 00017 11/20/24 42235	202412 300-20700-10100	*	24,000.00
031 FR#31
JOHNSON'S EXCAVATION & SERVICES INC	24,000.00 000157
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/03/25 00022 11/30/24 00881617 202412 300-20700-10100	*	28,691.00
031 FR#33
UNIVERSAL ENGINEERING SCIENCES	28,691.00 000158

1/14/25 00001	1/01/25	
	1/01/25	
	1/01/25	
	1/01/25	
	1/01/25	
	1/01/25	
	1/01/25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
34	202501 310-51300-34000	*	3,281.25
MANAGEMENT FEES JAN25
34	202501 310-51300-35200	*	105.00
WEBSITE ADMIN JAN25
34	202501 310-51300-35100	*	157.50
INFORMATION TECH JAN25
34	202501 310-51300-31300	*	416.67
DISSEMINATION SVCS JAN25
34	202501 310-51300-51000	*	.18
OFFICE SUPPLIES JAN25
34	202501 310-51300-42000	*	38.65
POSTAGE JAN25
34	202501 310-51300-49000	*	99.17
HOLIDAY INN MEETING ROOM
GOVERNMENTAL MANAGEMENT SERVICES-CF	4,098.42 000159
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/22/25 00003	1/13/25 11224	202412 310-51300-31500	*	290.25
GENERAL COUNSEL DEC24
KILINSKI VAN WYK PLLC	290.25 000160

300-20700-10100	*	793,275.78	
300-20700-10100	*	1,235,964.25	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/24/25 00015 12/10/24 PAYAPP#2 202501
031 FR#34
12/25/24 PAYAPP#2 202501
031 FR#34
BLUE OX ENTERPRISES, LLC	2,029,240.03 000161
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/11/25 00015	1/25/25 PAYAPP#2 202502 300-20700-10100	*	778,880.35
031 FR#37
BLUE OX ENTERPRISES, LLC	778,880.35 000162
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/11/25 00001	2/01/25 35	202502 310-51300-34000	*	3,281.25
MANAGEMENT FEES FEB25
2/01/25 35	202502 310-51300-35200	*	105.00
WEBSITE ADMIN FEB25
2/01/25 35	202502 310-51300-35100	*	157.50
INFORMATION TECH FEB25
2/01/25 35	202502 310-51300-31300	*	416.67
DISSEMINATION SVCS FEB25
HKTR HICKORY TREE	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/22/25	PAGE	4
*** CHECK DATES 11/01/2024 - 04/15/2025 ***	GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/01/25 35	202502 310-51300-51000	*	.21
OFFICE SUPPLIES FEB25
2/01/25 35	202502 310-51300-42000	*	51.11
POSTAGE FEB25
GOVERNMENTAL MANAGEMENT SERVICES-CF	4,011.74 000163

300-20700-10100	*	612,761.08	
300-20700-10100	*	625,083.52	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/20/25 00015	1/10/25 PAYAPP#2 202502
031 FR#36
1/25/25 PAYAPP#2 202502
031 FR#36
BLUE OX ENTERPRISES, LLC	1,237,844.60 000164
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/20/25 00013 12/31/24 5292968	202502 300-20700-10100	*	9,850.00
031 FR#35
HANSON WALTER & ASSOCIATES, INC.	9,850.00 000165
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/20/25 00023	1/31/25 PAYAPP#2 202502 300-20700-10100	*	28,184.96
031 FR#36
OVIDA CONSTRUCTION GROUP INC	28,184.96 000166
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/25/25 00004	2/13/25 88606387 202502 310-51300-48000	*	78.22
NOT OF BOS MEETING
OSCEOLA NEWS-GAZETTE	78.22 000167
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/04/25 00019	2/24/25 22438691 202501 310-51300-31100	*	360.00
GENERAL ENGINEERING JAN25
DEWBERRY ENGINEERS INC.	360.00 000168
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/04/25 00003	2/20/25 11468	202501 310-51300-31500	*	118.50
GENERAL COUNSEL JAN25
KILINSKI VAN WYK PLLC	118.50 000169
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/25 00024	2/03/25 42810	202503 300-20700-10100	*	1,250.00
031 FR#38
DALY DESIGN GROUP INC	1,250.00 000170
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/25 00024	2/03/25 42810	202503 300-20700-10100	V	1,250.00-
031 FR#38
DALY DESIGN GROUP INC	1,250.00-000170
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/06/25 00025	1/20/25 220219	202503 300-20700-10100	*	2,672.50
031 FR#38
HORNER ENVIRONMENTAL PROFESSIONALS	2,672.50 000171
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/20/25 00025	1/20/25 220219	202503 300-20700-10100	V	2,672.50-
031 FR#38
HORNER ENVIRONMENTAL PROFESSIONALS	2,672.50-000171
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
HKTR HICKORY TREE	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/22/25	PAGE	5
*** CHECK DATES 11/01/2024 - 04/15/2025 ***	GENERAL FUND
BANK A GENERAL FUND

DATE		DATE	
3/12/25	00001	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	
	3/01/25	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME	STATUS	AMOUNT	....CHECK.....
INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
36	202503 310-51300-34000	*	3,281.25
MANAGEMENT FEES MAR25
36	202503 310-51300-35200	*	105.00
WEBSITE ADMIN MAR25
36	202503 310-51300-35100	*	157.50
INFORMATION TECH MAR25
36	202503 310-51300-31300	*	416.67
DISSEMINATION SVCS MAR25
36	202503 310-51300-42000	*	43.75
POSTAGE MAR25
GOVERNMENTAL MANAGEMENT SERVICES-CF	4,004.17 000172
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/25 00015	2/10/25 PAYAPP#2 202503 300-20700-10100	*	556,612.06
031 FR#39
BLUE OX ENTERPRISES, LLC	556,612.06 000173
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/13/25 00013	2/10/25 5293106	202503 300-20700-10100	*	7,394.50
031 FR#39
HANSON WALTER & ASSOCIATES, INC.	7,394.50 000174
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/25/25 00003	3/18/25 11714	202502 310-51300-31500	*	131.50
GENERAL COUNSEL FEB25
KILINSKI VAN WYK PLLC	131.50 000175
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/02/25 00019	3/24/25 22441485 202502 310-51300-31100	*	1,440.00
GENERAL ENGINEERING FEB25
DEWBERRY ENGINEERS INC.	1,440.00 000176

300-20700-10100	*	1,053,254.81	
300-20700-10100	*	588,115.88	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/04/25 00015	2/25/25 PAYAPP#3 202503
031 FR#41
3/10/25 PAYAPP#3 202503
031 FR#41
BLUE OX ENTERPRISES, LLC	1,641,370.69 000177
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/04/25 00013	3/10/25 5293342	202503 300-20700-10100	*	6,500.00
031 FR#41
HANSON WALTER & ASSOCIATES, INC.	6,500.00 000178

300-20700-10100	*	25,000.00	
300-20700-10100	*	26,057.00	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 00020	3/17/25 1327	202504
031 FR#43
3/18/25 1328	202504
031 FR#43
BRYANT UNDERGROUND SOLUTIONS LLC	51,057.00 000179
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/10/25 00022	8/30/24 00854935 202504 300-20700-10100	*	828.00
031 FR#42
HKTR HICKORY TREE	ZYAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	4/22/25	PAGE	6
*** CHECK DATES 11/01/2024 - 04/15/2025 ***	GENERAL FUND
BANK A GENERAL FUND
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/30/24 00864243 202504 300-20700-10100	*	1,080.00
031 FR#42
10/31/24 00872306 202504 300-20700-10100	*	6,323.00
031 FR#42
12/30/24 00889436 202504 300-20700-10100	*	20,436.00
031 FR#42
1/30/25 00898146 202504 300-20700-10100	*	8,434.00
031 FR#42
UNIVERSAL ENGINEERING SCIENCES	37,101.00 000180
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/15/25 00001	4/01/25 37	202504 310-51300-34000	*	3,281.25
MANAGEMENT FEES APR25
4/01/25 37	202504 310-51300-35200	*	105.00
WEBSITE ADMIN APR25
4/01/25 37	202504 310-51300-35100	*	157.50
INFORMATION TECH APR25
4/01/25 37	202504 310-51300-31300	*	416.67
DISSEMINATION SVCS APR25
4/01/25 37	202504 310-51300-51000	*	.06
OFFICE SUPPLIES APR25
4/01/25 37	202504 310-51300-42000	*	36.76
POSTAGE APR25
GOVERNMENTAL MANAGEMENT SERVICES-CF	3,997.24 000181
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/15/25 00003	4/12/25 11969	202503 310-51300-31500	*	175.50
GENERAL COUNSEL MAR25
KILINSKI VAN WYK PLLC	175.50 000182
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	11,174,767.05
TOTAL FOR REGISTER	11,174,767.05

HKTR HICKORY TREE	ZYAN

Section 2

Hickory Tree
Community Development District

Unaudited Financial Reporting
March 31, 2025

Table of Contents

	Balance Sheet

	General Fund

	Debt Service Fund Series 2024

	Capital Project Funds 

	Month to Month

	Long Term Debt Report

Hickory Tree
Community Development District Combined Balance Sheet
March 31, 2025

	General Fund	Debt Service Fund	Capital Projects	Totals
Fund	Governmental Funds	
Assets:				
Cash:
Operating Account	
$	1,670,718	
$	-	
$	-	$	1,670,718	
Due from Developer Investments:
Series 2024
Reserve	$	-

$	-	$	-

$	1,406,445	$	88,158	$	88,158

$	-	$	1,406,445	
Revenue	$	-	$	14,680	$	-	$	14,680	
Interest	$	-	$	551,429	$	-	$	551,429	
Construction	$	-	$	-	$	667	$	667	
Cost of Issuance	$	-	$	-	$	212	$	212	
Total Assets	$	1,670,718	$	1,972,554	$	89,037	$	3,732,308	
Liabilities:
Accounts Payable	
$	1,656,959	
$	-	
$	-	$	1,656,959	
Contracts Payable	$	-	$	-	$	88,158	$	88,158	
Total Liabilites	$	1,656,959	$	-	$	88,158	$	1,745,117	
Fund Balance:
Restricted: Debt Service	

$	-	

$	1,972,554	

$	-	$	1,972,554	
Unassigned	$	13,759	$	-	$	879	$	14,638	
Total Fund Balances	$	13,759	$	1,972,554	$	879	$	1,987,192	
				
Total Liabilities & Fund Balance	$	1,670,718	$	1,972,554	$	89,037	$	3,732,308	

1

Hickory Tree
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2025

	Adopted	Prorated Budget	Actual		
	Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues:					
Developer Contributions	$	391,537	$	20,000	$	20,000	$	-	
Total Revenues	$	391,537	$	20,000	$	20,000	$	-	

Expenditures:					
General & Administrative:					
Supervisor Fees	$	12,000	$	6,000	$	800	$	5,200	
Engineering	$	15,000	$	7,500	$	2,105	$	5,395	
Attorney	$	25,000	$	12,500	$	3,169	$	9,331	
Annual Audit	$	4,000	$	-	$	-	$	-	
Assessment Administration	$	5,000	$	-	$	-	$	-	
Arbitrage	$	450	$	-	$	-	$	-	
Dissemination	$	5,000	$	2,500	$	2,500	$	(0)	
Trustee Fees	$	4,042	$	-	$	-	$	-	
Management Fees	$	39,375	$	19,688	$	19,688	$	-	
Information Technology	$	1,890	$	945	$	945	$	-	
Website Maintenance	$	1,260	$	630	$	630	$	-	
Postage & Delivery	$	1,000	$	500	$	158	$	342	
Insurance	$	5,720	$	5,720	$	5,408	$	312	
Printing & Binding	$	1,000	$	500	$	-	$	500	
Legal Advertising	$	15,000	$	7,500	$	369	$	7,131	
Other Current Charges	$	5,000	$	2,500	$	397	$	2,103	
Office Supplies	$	625	$	313	$	3	$	310	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	141,537	$	66,970	$	36,346	$	30,624	

Operations & Maintenance					
Field Contingency	$	250,000	$	125,000	$	-	$	125,000	
Total Operations & Maintenance:	$	250,000	$	125,000	$	-	$	125,000	
					
Total Expenditures	$	391,537	$	191,970	$	36,346	$	155,624	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	(16,346)		
					
Fund Balance - Beginning	$	-		$	30,105		
					
Fund Balance - Ending	$	-		$	13,759		

2

Hickory Tree
Community Development District Debt Service Fund Series 2024
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2025

Variance

Thru 03/31/25

Thru 03/31/25

Budget

Actual

Prorated Budget

Adopted

Revenues:

Interest

$	-	$

-	$	45,758	$

45,758

Total Revenues	$	-	$	-	$	45,758	$	45,758

Expenditures:

Series 2024 Interest - 11/1 Interest - 5/1 Interest - 11/1

$	-	$
$	-	$
$	-	$

-	$	196,064	$
-	$	-	$
-	$	-	$

(196,064)
-
-

Other Financing Sources/(Uses):

Transfer In/(Out)

$

-

$

-

$

(32,622)	$

(32,622)

Fund Balance - Ending	$	-	$	1,972,554

Fund Balance - Beginning	$	-	$	2,155,481

Net Change in Fund Balance	$	-	$	(182,927)

Total Other Financing Sources/(Uses)	$	-	$	-	$	(32,622)	$	(32,622)

Excess (Deficiency) of Revenues over Expenditures	$	-	$	(150,305)

Total Expenditures	$	-	$	-	$	196,064	$	(196,064)

3

Hickory Tree
Community Development District Capital Projects Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending March 31, 2025

Adopted	Prorated Budget	Actual	
Budget	Thru 03/31/25	Thru 03/31/25	Variance	

Revenues		
Developer Contributions	$	-	$	-	$  11,140,021	$  11,140,021	
Interest	$	-	$	-	$	62,348	$	62,348	
Total Revenues	$	-	$	-	$  11,202,369	$  11,202,369	

Expenditures:					
Capital Outlay	$	-	$	-	$  13,598,430	$ (13,598,430)	
Total Expenditures	$	-	$	-	$  13,598,430	$ (13,598,430)	
					
Excess (Deficiency) of Revenues over Expenditures	$	-	$	(2,396,061)		

Other Financing Sources/(Uses)					
Transfer In/(Out)	$	-	$	-	$	32,622	$	32,622	
Total Other Financing Sources (Uses)	$	-	$	-	$	32,622	$	32,622	
					
Net Change in Fund Balance	$	-	$	(2,363,439)		
					
Fund Balance - Beginning	$	-	$	2,364,318		
					
Fund Balance - Ending	$	-	$	879		

4

Hickory Tree
Community Development District Month to Month

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

Revenues:

Developer Contributions

$	-  $

-  $	-  $

20,000  $	-  $	-  $	-  $

-  $	-  $	-  $

-  $	-  $

20,000

Total Revenues	$	-  $	-  $	-  $	20,000  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	20,000

Expenditures:

General & Administrative:

Supervisor Fees Engineering Attorney Annual Audit Dissemination
Management Fees Information Technology Website Maintenance Postage & Delivery Insurance
Printing & Binding Legal Advertising Other Current Charges Office Supplies
Dues, Licenses & Subscriptions

$	-  $
$	-  $
$	738  $
$	-  $
$	417  $
$	3,281  $
$	158  $
$	105  $
$	23  $
$	5,408  $
$	-  $
$	291  $
$	90  $
$	0  $
$	175  $

800  $
305  $
1,715  $
-  $
417  $
3,281  $
158  $
105  $
1  $
-  $
-  $
-  $
40  $
0  $
-  $

-  $
-  $
290  $
-  $
417  $
3,281  $
158  $
105  $
1  $
-  $
-  $
-  $
40  $
3  $
-  $

-  $
360  $
119  $
-  $
417  $
3,281  $
158  $
105  $
39  $
-  $
-  $
-  $
140  $
0  $
-  $

-  $
1,440  $
132  $
-  $
417  $
3,281  $
158  $
105  $
51  $
-  $
-  $
78  $
43  $
0  $
-  $

-  $	-  $
-  $	-  $
176  $	-  $
-  $	-  $
417  $	-  $
3,281  $	-  $
158  $	-  $
105  $	-  $
44  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
43  $	-  $
-  $	-  $
-  $	-  $

-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $
-  $	-  $	-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

800
2,105
3,169
- 2,500
19,688
945
630
158
5,408
- 369
397
3
175

Excess (Deficiency) of Revenues over Expenditures	$	(10,685)  $	(6,821)  $	(4,294)  $	15,383  $	(5,705)  $	(4,223)  $	-  $	-  $	-  $	-  $	-  $	-  $	(16,346)

Total Expenditures	$	10,685  $	6,821  $	4,294  $	4,617  $	5,705  $	4,223  $	-  $	-  $	-  $	-  $	-  $	-  $	36,346

5

Hickory Tree
Community Development District Long Term Debt Report

Series 2024, Special Assessment Revennue Bonds	
Interest Rate:	4.5%, 5.15%, 5.45%	
Maturity Date:	5/1/2055	
Reserve Fund Definition	50% Maximum Annual Debt Service	
Reserve Fund Requirement	$1,406,445	
Reserve Fund Balance	$1,406,445	
Bonds Outstanding - 8/27/24	$21,000,000	
Current Bonds Outstanding	$21,000,000	

6