Windsor at Westside
Community Development District Agenda
February 24, 2023

Agenda

Windsor at Westside
Community Development District

219 E. Livingston Street, Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526

February 17, 2023

Board of Supervisors
Windsor at Westside Community Development District

Dear Board Members:

The meeting of the Board of Supervisors of Windsor at Westside Community Development District will be held Friday, February 24, 2023, at 9:30 AM at the Hart Memorial Library, 211 E. Dakin Ave, Kissimmee, Florida 34741. Following is the advance agenda for the meeting:

Roll Call
Public Comment Period
Organizational Matters
Appointment of Individuals to Fulfill Vacant Seats
Administration of Oath of Office to Newly Elected Board Members
Consideration of Resolution 2023-03 Electing Officers
Approval of Minutes of December 2, 2022, Board of Supervisors Meeting
Ratification of Data Sharing Agreement with Osceola County Property Appraiser
Presentation of SAB Series 2016 Rebate Report
Consideration of Resolution 2023-04 Authorizing Electronic Signatures
Consideration of Memorandum and Resolution 2023-05 Regarding Transitory Records and Electronic Records
Discussion of Directional Road Signs
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet and Income Statement
Field Manager’s Report
Supervisor’s Requests
Public Comment Period
Adjournment

Section III

Section C

RESOLUTION 2023-03

A RESOLUTION ELECTING THE OFFICERS OF THE WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT, OSCEOLA COUNTY, FLORIDA.
Whereas, the Windsor at Westside Community Development District (the “District”) is a local unit of special-purpose government created and existing pursuant to Chapter 190, Florida Statutes; and

Whereas, the Board of Supervisors of the District (“Board”) desires to elect the Officers of the District.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT:

Section 1. The following persons are elected to the offices shown:

Chairperson	 		
Vice Chairperson	 		
Secretary	 		
Assistant Secretary	 		
Assistant Secretary	 		
Assistant Secretary	 		
Assistant Secretary	 		
Assistant Secretary	 		
Treasurer	 		
Assistant Treasurer	 		

PASSED AND ADOPTED this 	day of February 2023.

ATTEST:	WINDSOR AT WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Minutes

MINUTES OF MEETING WINDSOR AT WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Windsor at Westside Community Development District was held Friday, December 2, 2022 at 9:30 a.m. at the Hart Memorial Library, 211 E. Dakin Avenue, Kissimmee, Florida.

Present and constituting a quorum were:

Duane (Rocky) Owen	Chairman
Tom Franklin	Vice Chairman
Scott Stewart	Assistant Secretary Also present were:
Jason Showe	Manager
Sarah Sandy by telephone	Attorney
Andy Hatton	Field Manager

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

SECOND ORDER OF BUSINES	Public Comment Period
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Organizational Matters
Consideration of Resolution 2023-01 Canvassing and Certifying the Results of the Landowners’ Election
Ms. Sandy stated this resolution canvasses and certifies the election results; there were no landowners that showed up to the landowners’ election. Pursuant to this resolution we recognize that fact, declared those seats vacant and confirmed that the incumbents in those seats will hold over until other members can be qualified and appointed to those seats. At this time the same members who hold those seats will continue.

December 2, 2022	Windsor at Westside CDD

On MOTION by Mr. Franklin seconded by Mr. Stewart with all in favor Resolution 2023-01 Canvassing and Certifying the Results of the Landowners’ Election was approved.

Appointment of Individuals to Fill Vacant Seats
Consideration of Resolution 2023-02 Electing Officers

On MOTION by Mr. Stewart seconded by Mr. Franklin with all in favor Resolution 2023-02 was approved reflecting the following: Rocky Owen as Chairman, Tom Franklin as Vice Chair, George Flint as Secretary, Jason Showe and Scott Stewart as Assistant Secretaries, Katie Costa as Treasurer and Jason Showe as Assistant Treasurer.

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the August 26,
2022 Meeting

On MOTION by Mr. Franklin seconded by Mr. Owen with all in favor the minutes of August 26, 2022 meeting were approved as presented.

FIFTH ORDER OF BUSINESS	Approval  of  Aquatic  Plant  Management
Agreement Renewal, Applied Aquatic
Mr. Showe stated next is approval of the agreement with Applied Aquatic, it is slightly higher than we had budgeted but they do a good job and we have seen increases throughout the state on these types of agreements due to the increased cost of chemicals.

On MOTION by Mr. Stewart seconded by Mr. Franklin with all in favor the agreement with Applied Aquatic was approved.

SIXTH ORDER OF BUSINESS	Consideration of Fiscal Year 2022  Audit
Engagement Letter, Grau & Associates

On MOTION by Mr. Franklin seconded by Mr. Stewart with all in favor the engagement letter with Grau & Associates to perform the fiscal year 2022 audit was approved.

December 2, 2022	Windsor at Westside CDD

SEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
There being none, the next item followed.

Engineer
There being none, the next item followed.

Manager
Approval of Check Register

On MOTION by Mr. Franklin seconded by Mr. Stewart with all in favor the check register was approved.

Balance Sheet and Income Statement
A copy of the balance sheet and income statement were included in the agenda package.

Field Manager’s Report
Mr. Hatton stated they are out there working on the damages from the storm and we are trying to get Brightview to get the landscaping squared away.
Mr. Showe stated since the last meeting the irrigation system has been transferred over and we are completely separated from the HOA and have our own meter.

EIGHTH ORDER OF BUSINESS	Supervisors Requests
There being none, the next item followed.

NINTH ORDER OF BUSINESS	Public Comment Period
There being none, the next item followed.

TENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Stewart seconded by Mr. Owen with all in favor the meeting adjourned at 9:37 a.m.

December 2, 2022	Windsor at Westside CDD

Secretary/Assistant Secretary	Chairman/Vice Chairman

Section V

Windsor at Westside COD

This Data Sharing And Usage Agreement, hereafter referred to as "Agreement," establishes the terms and conditions under which the Windsor at Westside 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, 2023 and shall run until December 31, 2023, 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.

OSCEOLA COUNTY PROPERTY APPRAISER
Signature:	_ Print:	Katrina S. Scarborough

Windsor andeCDD.

s;gnatuce:		b.		..	..----------: Print:	:fc.S.Qf/\	M..S l,c,..e-

Date:	_

Title: Dislc,d

..t10t1,41t...

Date:  1/ /aJ
Please returned signed original copy, no later than January 31, 2023

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

Section VI

REBATE REPORT
$6,535,000
Windsor at Westside Community Development District
(Osceola County, Florida)
Special Assessment Bonds, Series 2016 (Assessment Area Two Project)

Dated: May 12, 2016
Delivered: May 12, 2016

Rebate Report to the Computation Date February 1, 2026
Reflecting Activity To November 30, 2022

TABLE OF CONTENTS

AMTEC Opinion	3	
Summary of Rebate Computations	4	
Summary of Computational Information and Definitions	5	
Methodology	7	
Sources and Uses	8	
Proof of Arbitrage Yield	9	
Bond Debt Service	11	
Arbitrage Rebate Calculation Detail Report – Acquisition & Construction Fund	13	
Arbitrage Rebate Calculation Detail Report – Cost of Issuance Fund	14	
Arbitrage Rebate Calculation Detail Report – Capitalized Interest Fund	15	
Arbitrage Rebate Calculation Detail Report – Debt Service Reserve Fund	16	
Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits	17	

December 15, 2022

Windsor at Westside Community Development District c/o Ms. Katie Costa
Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300
Orlando, FL 32822

Re:	$6,535,000 Windsor at Westside Community Development District, (Osceola County, Florida),
Special Assessment Bonds, Series 2016 (Assessment Area Two Project)	

Dear Ms. Costa:

AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Windsor at Westside Community Development District (the “District”)

The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the “Code”), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions.

Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage.

We have scheduled our next Report as of November 30, 2023. Thank you and should you have any questions, please do not hesitate to contact us.

Very truly yours,

Michael J. Scarfo
Senior Vice President	Trong M. Tran
Assistant Vice President	

SUMMARY OF REBATE COMPUTATIONS
Our computations, contained in the attached schedules, are summarized as follows: For the February 1, 2026 Computation Date
Reflecting Activity from May 12, 2016 through November 30, 2022

Fund Description	Taxable Inv Yield	Net Income	Rebatable Arbitrage	
Acquisition and Construction Fund	0.675431%	28,134.50	(259,353.22)	
Cost of Issuance Fund	0.004649%	0.13	(209.25)	
Capitalized Interest Fund	0.260430%	175.64	(4,767.69)	
Debt Service Reserve Fund	0.950974%	13,053.62	(71,547.05)	
Totals	0.736617%	$41,363.89	$(335,877.21)	
Bond Yield	4.815894%		
Rebate Computation Credits	(14,277.87)	
Net Rebatable Arbitrage	$(350,155.08)	

Based upon our computations, no rebate liability exists.

SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS
COMPUTATIONAL INFORMATION

For purposes of computing Rebatable Arbitrage, investment activity is reflected from May 12, 2016, the date of the closing, to November 30, 2022, the Computation Period. All nonpurpose payments and receipts are future valued to the Computation Date of February 1, 2026.

Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior.

For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules.

Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction.

During the period between May 12, 2016 and November 30, 2022, the District made periodic payments into the Debt Service Interest, Sinking and Redemption Prepayment Funds that were used, along with the interest earned, to provide the required debt service payments.
Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year.
We have reviewed the Debt Service Interest, Sinking and Redemption Prepayment Funds and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement.

DEFINITIONS

Computation Date
February 1, 2026.

Computation Period
The period beginning on May 12, 2016, the date of the closing, and ending on November 30, 2022.

Bond Year
Each one-year period (or shorter period from the date of issue) that ends at the close of business on February 1st, the day in the calendar year that was selected by the Issuer.

Bond Yield
The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds.

Taxable Investment Yield
The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment.

Issue Price
The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold.

Rebatable Arbitrage
The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield.

Funds and Accounts
The Funds and Accounts activity used in the compilation of this Report was received from the District and Regions Bank, Trustee, as follows:

Fund	Account Number	
Acquisition and Construction	3380007587	
Cost of Issuance	3380007596	
Debt Service Interest	3380007603	
Revenue	3380007612	
Debt Service Redemption Prepayment	3380007621	
Debt Service Principal	3380007630	
Capitalized Interest	3380007649	
Debt Service Reserve	3380007658	

METHODOLOGY

Bond Yield
The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds.

Investment Yield and Rebate Amount
The methodology used to calculate the Rebatable Arbitrage, as of November 30, 2022, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to February 1, 2026. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on February 1, 2026, is the Rebatable Arbitrage.

$6,535,000
Windsor at Westside Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2016 (Assessment Area Two Project) Delivered: May 12, 2016

Sources of Funds

Par Amount	$6,535,000.00	
Total	$6,535,000.00	

Uses of Funds

Acquisition & Construction Fund	$5,871,815.24	
Cost of Issuance Fund	165,250.00	
Capitalized Interest Fund	143,482.76	
Debt Service Reserve Fund	209,375.00	
Underwriter’s Discount	145,077.00	
Total	$6,535,000.00	

Prepared by AMTEC	(Finance 8.000)

PROOF OF ARBITRAGE YIELD

$6,535,000
Windsor at Westside Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2016 (Assessment Area Two Project)

Date	

Debt Service	Present Value to 05/12/2016
@ 4.8158944558%	
11/01/2016	143,482.76	140,312.89	
05/01/2017	152,821.88	145,931.73	
11/01/2017	262,821.88	245,071.06	
05/01/2018	150,896.88	137,396.96	
11/01/2018	265,896.88	236,415.77	
05/01/2019	148,884.38	129,264.32	
11/01/2019	268,884.38	227,961.47	
05/01/2020	146,784.38	121,518.40	
11/01/2020	271,784.38	219,711.63	
05/01/2021	144,596.88	114,144.19	
11/01/2021	269,596.88	207,814.62	
05/01/2022	142,018.75	106,898.91	
11/01/2022	272,018.75	199,936.81	
05/01/2023	139,337.50	100,006.51	
11/01/2023	279,337.50	195,774.37	
05/01/2024	136,450.00	93,382.71	
11/01/2024	281,450.00	188,087.75	
05/01/2025	133,459.38	87,091.29	
11/01/2025	283,459.38	180,627.05	
05/01/2026	130,365.63	81,118.78	
11/01/2026	285,365.63	173,390.90	
05/01/2027	127,168.75	75,452.11	
11/01/2027	287,168.75	166,377.46	
05/01/2028	123,868.75	70,078.60	
11/01/2028	293,868.75	162,346.67	
05/01/2029	119,831.25	64,643.73	
11/01/2029	294,831.25	155,308.84	
05/01/2030	115,675.00	59,501.58	
11/01/2030	300,675.00	151,026.33	
05/01/2031	111,281.25	54,581.27	
11/01/2031	306,281.25	146,692.68	
05/01/2032	106,650.00	49,878.71	
11/01/2032	311,650.00	142,327.17	
05/01/2033	101,781.25	45,389.44	
11/01/2033	316,781.25	137,947.19	
05/01/2034	96,675.00	41,108.71	
11/01/2034	321,675.00	133,568.29	
05/01/2035	91,331.25	37,031.54	
11/01/2035	326,331.25	129,204.43	
05/01/2036	85,750.00	33,152.72	
11/01/2036	330,750.00	124,868.03	
05/01/2037	79,931.25	29,466.89	
11/01/2037	334,931.25	120,570.14	
05/01/2038	73,875.00	25,968.56	
11/01/2038	343,875.00	118,036.78	
05/01/2039	67,125.00	22,499.22	
11/01/2039	347,125.00	113,614.91	
05/01/2040	60,125.00	19,216.35	
11/01/2040	355,125.00	110,831.54	
05/01/2041	52,750.00	16,075.74	
11/01/2041	362,750.00	107,949.89	
05/01/2042	45,000.00	13,076.56	

Prepared by AMTEC	(Finance 8.000)

PROOF OF ARBITRAGE YIELD

$6,535,000
Windsor at Westside Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2016 (Assessment Area Two Project)

	Present Value	
	to 05/12/2016	
Date	Debt Service	@ 4.8158944558%	
11/01/2042	370,000.00	104,990.31	
05/01/2043	36,875.00	10,217.53	
11/01/2043	376,875.00	101,971.19	
05/01/2044	28,375.00	7,496.91	
11/01/2044	388,375.00	100,199.17	
05/01/2045	19,375.00	4,881.14	
11/01/2045	399,375.00	98,248.60	
05/01/2046	9,875.00	2,372.19	
11/01/2046	404,875.00	94,972.78	
	12,636,351.58	6,535,000.00	
	
Proceeds Summary	

Delivery date	05/12/2016	
Par Value	6,535,000.00	
Target for yield calculation	6,535,000.00	

Prepared by AMTEC	(Finance 8.000)

BOND DEBT SERVICE

$6,535,000
Windsor at Westside Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2016 (Assessment Area Two Project)

	Dated Date	05/12/2016		
	Delivery Date	05/12/2016		

Period Ending	

Principal	

Coupon	

Interest	

Debt Service	
Annual Debt Service	
05/12/2016						
11/01/2016			143,482.76	143,482.76	143,482.76	
05/01/2017			152,821.88	152,821.88		
11/01/2017	110,000	3.500%	152,821.88	262,821.88	415,643.76	
05/01/2018			150,896.88	150,896.88		
11/01/2018	115,000	3.500%	150,896.88	265,896.88	416,793.76	
05/01/2019			148,884.38	148,884.38		
11/01/2019	120,000	3.500%	148,884.38	268,884.38	417,768.76	
05/01/2020			146,784.38	146,784.38		
11/01/2020	125,000	3.500%	146,784.38	271,784.38	418,568.76	
05/01/2021			144,596.88	144,596.88		
11/01/2021	125,000	4.125%	144,596.88	269,596.88	414,193.76	
05/01/2022			142,018.75	142,018.75		
11/01/2022	130,000	4.125%	142,018.75	272,018.75	414,037.50	
05/01/2023			139,337.50	139,337.50		
11/01/2023	140,000	4.125%	139,337.50	279,337.50	418,675.00	
05/01/2024			136,450.00	136,450.00		
11/01/2024	145,000	4.125%	136,450.00	281,450.00	417,900.00	
05/01/2025			133,459.38	133,459.38		
11/01/2025	150,000	4.125%	133,459.38	283,459.38	416,918.76	
05/01/2026			130,365.63	130,365.63		
11/01/2026	155,000	4.125%	130,365.63	285,365.63	415,731.26	
05/01/2027			127,168.75	127,168.75		
11/01/2027	160,000	4.125%	127,168.75	287,168.75	414,337.50	
05/01/2028			123,868.75	123,868.75		
11/01/2028	170,000	4.750%	123,868.75	293,868.75	417,737.50	
05/01/2029			119,831.25	119,831.25		
11/01/2029	175,000	4.750%	119,831.25	294,831.25	414,662.50	
05/01/2030			115,675.00	115,675.00		
11/01/2030	185,000	4.750%	115,675.00	300,675.00	416,350.00	
05/01/2031			111,281.25	111,281.25		
11/01/2031	195,000	4.750%	111,281.25	306,281.25	417,562.50	
05/01/2032			106,650.00	106,650.00		
11/01/2032	205,000	4.750%	106,650.00	311,650.00	418,300.00	
05/01/2033			101,781.25	101,781.25		
11/01/2033	215,000	4.750%	101,781.25	316,781.25	418,562.50	
05/01/2034			96,675.00	96,675.00		
11/01/2034	225,000	4.750%	96,675.00	321,675.00	418,350.00	
05/01/2035			91,331.25	91,331.25		
11/01/2035	235,000	4.750%	91,331.25	326,331.25	417,662.50	
05/01/2036			85,750.00	85,750.00		
11/01/2036	245,000	4.750%	85,750.00	330,750.00	416,500.00	
05/01/2037			79,931.25	79,931.25		
11/01/2037	255,000	4.750%	79,931.25	334,931.25	414,862.50	
05/01/2038			73,875.00	73,875.00		
11/01/2038	270,000	5.000%	73,875.00	343,875.00	417,750.00	
05/01/2039			67,125.00	67,125.00		
11/01/2039	280,000	5.000%	67,125.00	347,125.00	414,250.00	
05/01/2040			60,125.00	60,125.00		

Prepared by AMTEC	(Finance 8.000)

BOND DEBT SERVICE

$6,535,000
Windsor at Westside Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2016 (Assessment Area Two Project)

Period Ending	
Principal	
Coupon	
Interest	
Debt Service	Annual Debt Service	
11/01/2040	295,000	5.000%	60,125.00	355,125.00	415,250.00	
05/01/2041			52,750.00	52,750.00		
11/01/2041	310,000	5.000%	52,750.00	362,750.00	415,500.00	
05/01/2042			45,000.00	45,000.00		
11/01/2042	325,000	5.000%	45,000.00	370,000.00	415,000.00	
05/01/2043			36,875.00	36,875.00		
11/01/2043	340,000	5.000%	36,875.00	376,875.00	413,750.00	
05/01/2044			28,375.00	28,375.00		
11/01/2044	360,000	5.000%	28,375.00	388,375.00	416,750.00	
05/01/2045			19,375.00	19,375.00		
11/01/2045	380,000	5.000%	19,375.00	399,375.00	418,750.00	
05/01/2046			9,875.00	9,875.00		
11/01/2046	395,000	5.000%	9,875.00	404,875.00	414,750.00	
	6,535,000		6,101,351.58	12,636,351.58	12,636,351.58	

$6,535,000
Windsor at Westside Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2016 (Assessment Area Two Project) Acquisition and Construction Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.815894%)

05/12/16	Beg	Bal	-5,871,815.24	-9,324,966.18	
06/28/16			744,253.00	1,174,774.88	
06/28/16			401,905.87	634,393.04	
06/28/16			200,557.24	316,571.93	
06/28/16			2,697,261.00	4,257,523.29	
08/02/16			6,338.50	9,960.21	
09/20/16			3,271.56	5,108.36	
09/20/16			2,231.25	3,483.97	
09/20/16			160.34	250.36	
10/18/16			2,056.25	3,198.86	
02/03/17			407.70	625.51	
06/27/17			3,500.00	5,268.56	
08/23/17			281.50	420.62	
08/30/17			298,316.00	445,332.01	
12/12/17			1,319.51	1,943.41	
12/13/17			1,487.50	2,190.54	
02/20/18			800.00	1,167.72	
02/20/18			862.00	1,258.22	
05/01/18			-2,351.89	-3,400.86	
05/17/18			153.00	220.77	
06/29/18			1,534,998.40	2,202,672.52	
10/24/18			-1,745.89	-2,467.50	
04/30/19			-2,214.80	-3,054.19	
10/29/19			-2,377.62	-3,202.05	
11/30/19			8,468.44	11,358.19	
11/30/19			10.88	14.59	
02/01/26	TOTALS:	28,134.50	-259,353.22	

ISSUE DATE:	05/12/16	
REBATABLE ARBITRAGE:	
-259,353.22	
COMP DATE:	02/01/26	NET INCOME:	28,134.50	
BOND YIELD: 4.815894%	TAX INV YIELD:	0.675431%	

$6,535,000
Windsor at Westside Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2016 (Assessment Area Two Project)
Cost of Issuance Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.815894%)

05/12/16	Beg	Bal	-165,250.00	-262,431.74	
05/12/16			40,000.00	63,523.57	
05/12/16			46,500.00	73,846.15	
05/12/16			38,000.00	60,347.39	
05/12/16			27,500.00	43,672.45	
05/12/16			5,000.00	7,940.45	
06/09/16			1,250.00	1,978.04	
09/23/16			5,000.00	7,804.13	
10/21/16			2,000.00	3,110.12	
03/27/17			0.13	0.20	
02/01/26	TOTALS:	0.13	-209.25	

ISSUE DATE:	05/12/16	
REBATABLE ARBITRAGE:	
-209.25	
COMP DATE:	02/01/26	NET INCOME:	0.13	
BOND YIELD: 4.815894%	TAX INV YIELD:	0.004649%	

$6,535,000
Windsor at Westside Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2016 (Assessment Area Two Project) Capitalized Interest Fund

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.815894%)	
05/12/16	Beg Bal	-143,482.76	-227,863.42	
11/01/16	143,482.77	222,829.39	
05/01/17	175.54	266.20	
05/01/18	0.09	0.13	
02/01/26	TOTALS:	175.64	-4,767.69	

ISSUE DATE:	05/12/16	
REBATABLE ARBITRAGE:	
-4,767.69	
COMP DATE:	02/01/26	NET INCOME:	175.64	
BOND YIELD: 4.815894%	TAX INV YIELD:	0.260430%	

$6,535,000
Windsor at Westside Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2016 (Assessment Area Two Project)
Debt Service Reserve Fund

ARBITRAGE REBATE CALCULATION DETAIL REPORT

FUTURE VALUE @
RECEIPTS	BOND YIELD OF
DATE	DESCRIPTION	(PAYMENTS)	(4.815894%)

05/12/16	Beg	Bal	-209,375.00	-332,506.17	
05/01/18			2,351.89	3,400.86	
10/24/18			1,745.89	2,467.50	
04/30/19			2,214.80	3,054.19	
10/29/19			2,377.62	3,202.05	
04/15/20			1,716.46	2,261.46	
10/14/20			225.91	290.68	
04/15/21			10.39	13.05	
10/22/21			10.56	12.94	
04/20/22			12.48	14.94	
10/27/22			882.50	1,030.65	
11/30/22	MMkt Bal	210,279.41	244,512.28	
11/30/22	MMkt Acc	600.71	698.50	
02/01/26	TOTALS:	13,053.62	-71,547.05	

ISSUE DATE:	05/12/16	
REBATABLE ARBITRAGE:	
-71,547.05	
COMP DATE:	02/01/26	NET INCOME:	13,053.62	
BOND YIELD: 4.815894%	TAX INV YIELD:	0.950974%	

$6,535,000
Windsor at Westside Community Development District (Osceola County, Florida)
Special Assessment Bonds, Series 2016 (Assessment Area Two Project)
Rebate Computation Credits

	ARBITRAGE REBATE CALCULATION DETAIL REPORT		
	
RECEIPTS	FUTURE VALUE @ BOND YIELD OF	
DATE	DESCRIPTION	(PAYMENTS)	(4.815894%)	
02/01/17	-1,670.00	-2,562.85	
02/01/18	-1,700.00	-2,487.64	
02/01/19	-1,730.00	-2,413.89	
02/01/20	-1,760.00	-2,341.62	
02/01/21	-1,780.00	-2,258.17	
02/01/22	-1,830.00	-2,213.71	
02/01/26	TOTALS:	-10,470.00	-14,277.87	

ISSUE DATE:	05/12/16	REBATABLE ARBITRAGE: -14,277.87 COMP DATE:	02/01/26
BOND YIELD: 4.815894%

Section VII

RESOLUTION 2023-04

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT PROVIDING FOR AND AUTHORIZING THE USE OF ELECTRONIC DOCUMENTS AND SIGNATURES; ADOPTING AND IMPLEMENTING ELECTRONIC DOCUMENT CONTROL PROCESSES AND PROCEDURES; PROVIDING FOR SEVERABILTY AND AN EFFECTIVE DATE.

WHEREAS, the Windsor at Westside Community Development District (the “District”) is a local unit of special purpose government created and existing pursuant to Chapter 190, Florida Statutes, and situated within Osceola County, Florida; and

WHEREAS, Chapter 190, Florida Statutes, authorizes the District to construct, install, operate, and/or maintain systems and facilities for certain basic infrastructure; and

WHEREAS, Chapter 190, Florida Statutes authorizes the District Board of Supervisors, to enter into various contracts for the purposes set forth therein; and

WHEREAS, the District Board of Supervisors finds that it is the interest of the District and its residents to reduce waste, costs, and to enhance services; and

WHEREAS, the District Board of Supervisors recognizes that the Florida Legislature, through the passage of the Electronic Signature Act of 1996, codified in Chapter 668, Florida Statutes (“Act”), intended to, among other goals, facilitate economic development and efficient delivery of government services by means of reliable electronic messages and foster the development of electronic commerce though the use of electronic signatures to lend authenticity and integrity to writings in any electronic medium; and

WHEREAS, the District Board of Supervisors wishes to further these goals through the use of electronic documents and signatures.

NOW THEREFORE BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE WINDSOR AT WESTSDIE COMMUNITY DEVELOPMENT DISTRICT:

SECTION 1. INCORPORATION OF RECITALS. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Resolution.

SECTION 2. FORCE AND EFFECT OF ELECTRONIC DOCUMENTS AND
SIGNATURES. Unless otherwise provided by law, electronic documents and signatures submitted to and on behalf of the District may be used for all purposes and shall have the same force and effect as printed documents and manual signatures.

SECTION 3. AUTHORIZING UTILIZATION OF ELECTRONIC SIGNATURES
AND DOCUMENTS. All contractors and personnel associated with the District are hereby authorized and encouraged to utilize electronic documents and signatures when reasonably practicable and as permitted by law. The District Manager is authorized and directed to obtain the provision of electronic document services or platforms offered by nationally recognized third party vendors that increase the efficiency of the District’s operations.

SECTION 4. CONTROLS PROCESSES AND PROCEDURES. The District Board
of Supervisors hereby authorizes and directs the District Manager to create and implement control processes and procedures consistent with Florida Law to ensure adequate integrity, security, confidentiality, and auditability of all transactions conducted using electronic commerce.

SECTION 5. SEVERABILITY. If any provision of this Resolution is held to be illegal or invalid, the other provisions shall remain in full force and effect.

SECTION 6. EFFECTIVE DATE. This Resolution shall take effect upon its passage and shall remain in effect unless rescinded or repealed.

PASSED AND ADOPTED this 	day of February 2023.

ATTEST:	WINDSOR AT WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chair/Vice Chair

Section VIII

Kutak Rock LLP
107 West College Avenue, Tallahassee, Florida 32301
office 850.692.7300

Sarah R. Sandy
Sarah.Sandy@kutakrock.com

MEMORANDUM

TO:	Windsor at Westside Community Development District FROM:	Sarah R. Sandy
DATE:	February 16, 2023

RE:	Retention Requirements for Transitory Messages and Electronic Records Updates

On November 20, 2014, the District approved Resolution 2015-16, adopting a policy relating to the retention and disposition of its public records. The District’s Record Retention Policy currently remains in full force and effect. In order to ensure the District’s record retention practices remain economically feasible and technologically practical, we are offering some clarification regarding the retention period for records of short-term value. Additionally, we propose modifications to designate the electronic record as the official record of the district and allow for disposal of paper duplicate copies unless prohibited by any law, rule or ordinance.

According to the General Records Schedule for State and Local Government Agencies (“GS1-SL”)1 with which all community development districts must comply, records retention requirements “apply to records regardless of the format in which they reside.”2 This means that electronic communications, which include emails, instant messages, text messages, multimedia messages, chat messages, social networking, voicemail/ voice messaging, or other communications via electronic messaging technology or device, must be retained in accordance with the applicable section of the GS1-SL. Retention periods for electronic communications “are determined by the content, nature, and purpose of records, and are set based on their legal, fiscal, administrative, and historical values, regardless of the format in which they reside or the method by which they are transmitted.”3

Electronic communications “created primarily to communicate information of short-term value” may fall under the Transitory Messages schedule set forth in GS1-SL.4 Transitory Messages do not “formalize or perpetuate knowledge and do not set policy, establish guidelines or procedures, certify a transaction, or become a receipt.” Examples of Transitory Messages include, but are not limited to:

1 Incorporated by reference in Rule 1B-24.003(1)(a), F.A.C.
2 General Records Schedule for State and Local Government Agencies, Section V, Electronic Records.
3 Id. at Records Retention Schedules, Electronic Communications.
4 Id. at Records Retention Schedules, Transitory Messages, Item #146.

4857-1799-5089.1

Page 2

reminder messages (“don’t forget the upcoming meeting”);

email messages with short-lived or no administrative value (“thank you”)

telephone messages lacking content (“Ms. Smith called – please return her call”);

recipient copies of announcements of District sponsored events (“daily events email”); and,

news releases received by the District strictly for informational purposes and unrelated to District programs or activities.

The retention requirement for Transitory Messages is "[r]etain until obsolete, superseded or administrative value is lost."5 For example, an email message notifying employees of an upcoming meeting would only have value until the meeting has been attended or the employee receiving the message has marked the date and time in the calendar, at which time the message could be disposed of. In other words, an electronic communication intended for short-term value does not need to be retained once it is no longer needed. Unlike most other public records, the District may dispose of a transitory message once it is obsolete, superseded, or has lost its administrative value without having to document the disposition of the record, unless the record has been microfilmed or scanned and will serve as the record copy.6

5 Id.
6 See Rule 1B-24.003(9)(d), F.A.C.

RESOLUTION 2023-05

A RESOLUTION OF THE BOARD OF SUPERVISORS OF WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT ADOPTING CERTAIN AMENDMENTS TO THE DISTRICT’S RECORD RETENTION POLICY; ADDRESSING CONFLICTS AND SEVERABILITY; AND PROVIDING FOR SEVERABILITY AND AN EFFECTIVE DATE.

WHEREAS, Chapter 190, Florida Statutes, authorizes the Windsor at Westside Community Development District (“District”) to adopt rules to govern the administration of the District and to adopt resolutions as may be necessary for the conduct of district business; and

WHEREAS, on November 20, 2014, the Board of Supervisors of the District (“Board”), adopted Resolution 2015-16, providing for the adoption of the District’s Record Retention Policy (“Policy”); and

WHEREAS, the Policy requires the District “retain all public records relating to District business until the Board of Supervisors amends the Records Retention Policy to address the disposition of the same”; and

WHEREAS, the Board finds that it is in the best interest of the District to amend the Record Retention Policy as described in more detail in paragraph 2 below; and

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT:

CONFLICTS. This Resolution is intended to amend, in part, Resolution 2015-16, which remains in full force and effect except as otherwise provided herein. All terms of Resolution 2015-16, that are not amended by this Resolution apply as if those terms were fully set forth herein. All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.

AMENDMENT. The Records Retention Policy is hereby amended by inserting the language indicated in single underlined text (indicated textually in the same manner as the following example: underlined text) and by deleting the language indicated by strikethrough text (indicated textually in the same manner as the following example: stricken text) as set forth herein:

The District hereby adopts as its Records Retention Policy the applicable provisions of Section 257.36(5), Florida Statutes, the rules adopted by the Division of Library and Information Services of the Department of State (“Division”) pursuant to Section 257.36, Florida Statutes, and the General Records Schedules established by the Division. However, the District hereby extends the minimum

retention guidelines contained in the General Records Schedules so that the District will retain all public records relating to District business until the Board of Supervisors amends the Records Retention Policy to address the disposition of the same. Notwithstanding the foregoing, the District, its supervisors and staff, shall retain Transitory Messages until the Transitory Message is obsolete, superseded or administrative value is lost in accordance with the General Records Schedule for State and Local Government Agencies, Item #146, as incorporated by reference in Rule 1B-24.003(1)(a), Florida Administrative Code. The District hereby determines the electronic record shall be considered the official record of all public records relating to District business and any paper originals are designated as duplicates which may be disposed of unless prohibited by any law, rule or ordinance. To the extent the above statute, rules, or schedules are amended or supplemented in the future, the District’s Records Retention Policy shall automatically incorporate such amendment or supplement provided that such automatic amendment does not permit the disposition of District records without further action of the Board The Records Retention Policy shall remain in full force and effect until such time as the Board amends the Policy.

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 as of February 24, 2023. Introduced, considered favorably, and adopted this 24th day of February 2023.
ATTEST:	WINDSOR AT WESTSIDE COMMUNITY DEVELOPMENT DISTRICT

Secretary/Assistant Secretary	Chairperson, Board of Supervisors

Section IX

History.—s. 1, ch. 2006-232.

Begin forwarded message:

From: Doug Milbrod <dmilbrod@castlegroup.com> Subject: Windsor at Westside: Directional Road Signs Date: February 21, 2023 at 9:45:19 AM EST
To: "gflint@gmscfl.com" <gflint@gmscfl.com>
Cc: Sylvester Ruggiero <sruggiero@castlegroup.com>, Joseph Muniz <jmuniz@castlegroup.com>, William Viasalyers
<wviasalyers@gmscfl.com>

Good morning, George,

We are going to start locking our gates soon and are looking to add 15 directional road signs around the Windsor at Westside property. A few of the proposed sign locations fall on CDD property. (see map attached) Are you able to assist us with seeking permission?

In the past, traffic was so bad that law enforcement would constantly be forcing us to open of the gates. This project should help us alleviate the vehicle congestion and make the roadways safer. Our licensed contractor will utilize Call Before You Dig and is an experienced professional.

Please let me know is you have any questions. Hope to hear from you soon.
Thank you, Doug

Doug Milbrod
Assistant Association Manager | Castle Group 2100 Tripoli Court, Kissimmee, FL 34747 dmilbrod@castlegroup.com | www.castlegroup.com P: 407-507-1417

Windsor at Westside
Directional Sign Locations

Directional Road Signs

gflint@gmscfl.com

1	2	3	4	5	6	7

8	9	10	11

12	13	14	15

Section X

Section C

Section 1

Windsor at Westside
Community Development District
Summary of Invoices
November 1, 2022 through January 31, 2023

Fund	Date	Check No.'s	Amount	
General Fund	
11/2/22	
638-640	
$	4,143.05	
	11/18/22	641-642	$	7,229.09	
	11/23/22	643-644	$	5,436.25	
	12/5/22	645-648	$	1,986.00	
	12/22/22	649-651	$	13,469.09	
	12/29/22	652	$	782.00	
	1/5/23	653	$	894.00	
	1/20/23	654	$	5,181.09	
	1/27/23	655-657	$	5,842.75	
Total			$	44,963.32	

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER
*** CHECK DATES 11/01/2022 - 01/31/2023 ***	WINDSOR GENERAL FUND
BANK A GENERAL FUND

CHECK REGISTER	RUN	2/16/23	

STATUS		
AMOUNT	
*		886.25	
*		2,277.30	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...	VENDOR NAME

PAGE	1

....CHECK.....

DATE	DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS	AMOUNT	#
11/02/22 00001 10/01/22 195	202210 320-53800-12000
FIELD MANAGEMENT - OCT 22 10/01/22 195	202210 310-51300-42000
CDD MAILED NOTICE
GOVERNMENTAL MANAGEMENT SERVICES	3,163.55 000638
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/02/22 00029 10/19/22 3125451	202209 310-51300-31500	*	85.50
GENERAL COUNSEL - SEP 22
KUTAK ROCK LLP	85.50 000639
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/02/22 00015 10/14/22 206515	202210 320-53800-46200	*	894.00
LAKE MAINTENANCE - OCT 22
APPLIED AQUATIC MANAGEMENT, INC	894.00 000640
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/18/22 00001 11/01/22 196	202211 310-51300-34000	*	3,446.92
MANAGEMENT FEES - NOV 22
11/01/22 196	202211 310-51300-35200	*	83.33
WEBSITE MANAGEMENT-NOV 22
11/01/22 196	202211 310-51300-35100	*	150.00
INFORMATION TECH - NOV 22
11/01/22 196	202211 310-51300-31300	*	583.33
DISSEMINATION SVCS-NOV 22
11/01/22 196	202211 310-51300-51000	*	.21
OFFICE SUPPLIES
11/01/22 196	202211 310-51300-42000	*	4.11
POSTAGE
11/01/22 197	202211 320-53800-12000	*	886.25
FIELD MANAGEMENT - NOV 22
GOVERNMENTAL MANAGEMENT SERVICES	5,154.15 000641
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/18/22 00026	8/04/22 2022-125 202208 310-51300-48000	*	1,037.47
NOT FY23 BUDGET ADOPT MTG
8/11/22 2022-125 202208 310-51300-48000	*	1,037.47
NOT FY23 BUDGET ADOPT MTG
OSCEOLA NEWS GAZETTE	2,074.94 000642
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/23/22 00031 11/01/22 8150590	202211 320-53800-46400	*	4,836.25

	BRIGHTVIEW LANDSCAPE	SERVICES,	INC.										4,836.25	000643	
- - - - - - - -	- - - - - - - -	- - - - - - - - - - - - - - - - - - - - -	- - - - -	- - -	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
11/23/22 00032	10/28/22 6917B	202210 320-53800-46700				*							600.00			
	CLEAN	BASIN FOUNTN 10/22														
		SITEX AQUATICS LLC												600.00	000644	
- - - - - - - -	- - - - - - - -	- - - - - - - - - - - - - - - - - - - - -	- - - - -	- - -	-	- -	-	-	-	-	-	-	- - - -	- - - - -	- - -	
12/05/22 00015	11/18/22 207275	202211 320-53800-46200				*							894.00			

LNDSCP MNT CNTRCT-NOV 22

LAKE MAINTENANCE - NOV 22

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/16/23	PAGE	2
*** CHECK DATES 11/01/2022 - 01/31/2023 ***	WINDSOR 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	#
12/05/22 00029 11/28/22 3141255	202210 310-51300-31500	*	342.00
GENERAL COUNSEL - OCT 22

-	-	-	- -	-	-	-	-	-	-	- - - -	
			*							150.00	

KUTAK ROCK LLP	342.00 000646

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/05/22 00005 11/07/22 10819	202210 310-51300-31100
CDD MEETING - OCT 22

- - - - - - - -

OSCEOLA ENGINEERING INC.	150.00 000647
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/05/22 00032 11/28/22 6928B	202211 320-53800-46700	*	600.00
CLEAN BASIN FOUNTN-NOV 22
SITEX AQUATICS LLC	600.00 000648
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/22/22 00019 12/15/22 5547-12- 202212 310-51300-31200	*	450.00
ARBITRAGE - SERIES 2016
AMTEC	450.00 000649
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/22/22 00031 11/30/22 8200216	202211 320-53800-46600	*	2,993.25
BROKEN 4" MAINLINE
12/01/22 8192340	202212 320-53800-46400	*	4,836.25
LNDSCP MNT CNTRCT-DEC 22
BRIGHTVIEW LANDSCAPE SERVICES, INC.	7,829.50 000650

12/22/22 00001	12/01/22	
	12/01/22	
	12/01/22	
	12/01/22	
	12/01/22	
	12/01/22	
	12/01/22	
	12/01/22	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
198	202212 310-51300-34000	*	3,446.92
MANAGEMENT FEES - DEC 22
198	202212 310-51300-35200	*	83.33
WEBSITE MANAGEMENT-DEC 22
198	202212 310-51300-35100	*	150.00
INFORMATION TECH - DEC 22
198	202212 310-51300-31300	*	583.33
DISSEMINATION SVCS-DEC 22
198	202212 310-51300-51000	*	.15

202212 310-51300-42000	*	35.11	
202212 310-51300-42500	*	4.50	

OFFICE SUPPLIES 198
POSTAGE 198
COPIES
199	202212 320-53800-12000	*	886.25
FIELD MANAGEMENT - DEC 22
GOVERNMENTAL MANAGEMENT SERVICES	5,189.59 000651
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/29/22 00029 12/22/22 3156601	202211 310-51300-31500	*	782.00
GENERAL COUNSEL - NOV 22
KUTAK ROCK LLP	782.00 000652
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/05/23 00015 12/15/22 207610	202212 320-53800-46200	*	894.00
LAKE MAINTENANCE - DEC 22

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	2/16/23	PAGE	3
*** CHECK DATES 11/01/2022 - 01/31/2023 ***	WINDSOR 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	#

*	3,446.92		
*	83.33			
*	150.00			
*	583.33			
*	.36			

1/20/23 00001	1/01/23	
	1/01/23	
	1/01/23	
	1/01/23	
	1/01/23	

200	202301 310-51300-34000
MANAGEMENT FEES - JAN 23
200	202301 310-51300-35200
WEBSITE MANAGEMENT-JAN 23
200	202301 310-51300-35100
INFORMATION TECH - JAN 23
200	202301 310-51300-31300
DISSEMINATION SVCS-JAN 23
200	202301 310-51300-51000
OFFICE SUPPLIES
1/01/23 200	202301 310-51300-42000	*	6.15
POSTAGE
1/01/23 200	202301 310-51300-42500	*	24.75
COPIES
1/01/23 201	202301 320-53800-12000	*	886.25
FIELD MANAGEMENT - JAN 23
GOVERNMENTAL MANAGEMENT SERVICES	5,181.09 000654
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/27/23 00031	1/01/23 8231266	202301 320-53800-46400	*	4,836.25
LNDSCP MNT CNTRCT-JAN 23
BRIGHTVIEW LANDSCAPE SERVICES, INC.	4,836.25 000655
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/27/23 00029	1/18/23 3168580	202212 310-51300-31500	*	256.50
GENERAL COUNSEL - DEC 22
KUTAK ROCK LLP	256.50 000656
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/27/23 00032 12/30/22 7039B	202212 320-53800-46700	*	750.00
CLEAN BASIN FOUNTN-DEC 22
SITEX AQUATICS LLC	750.00 000657
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	44,963.32
TOTAL FOR REGISTER	44,963.32

WIND WINDSOR AT WES ZYAN

Section 2

Windsor at Westside
Community Development District

Unaudited Financial Reporting
January 31, 2023

Table of Contents

1		Balance Sheet	

2-3	
	General Fund	

4	
	Series 2015 Debt Service Fund	

5	
	Series 2016 Debt Service Fund	

6-7	
	Month to Month	

8	
	Long Term Debt Summary	

9	
	Assessment Receipt Schedule	

Windsor at Westside
Community Development District Combined Balance Sheet
January 31, 2023

General
Fund

Debt Service
Fund

Totals
Governmental Funds

Assets:
Cash:
Operating Account Investments:
Series 2015

$	1,077,233	$

-	$	1,077,233

Reserve	$	-	$	139,643	$	139,643	
Revenue	$	-	$	63,908	$	63,908	
Interest	$	-	$	38	$	38	
Sinking Fund	$
Series 2016	-	$	34	$	34	
Reserve	$	-	$	211,571	$	211,571	
Revenue	$	-	$	65,129	$	65,129	
Interest	$	-	$	56	$	56	
Principal	$	-	$	52	$	52	
General Redemption	$	-	$	240	$	240	
Due From General Fund	$	-	$	608,228	$	608,228	
Total Assets	$	1,077,233	$	1,088,898	$	2,166,132	

Liabilities:
Accounts Payable	

$	11,922	

$	-	$	11,922	
Due To Debt Service	$	608,228	$	-	$	608,228	
Total Liabilites	$	620,150	$	-	$	620,150	

Fund Balance:
Restricted For:			
Debt Service - Series 2015	$	-	$	445,240	$	445,240	
Debt Service - Series 2016	$	-	$	643,658	$	643,658	
Unassigned	$	457,083	$	-	$	457,083	
Total Fund Balances	$	457,083	$	1,088,898	$	1,545,981	
				
Total Liabilities & Fund Balance	$	1,077,233	$	1,088,898	$	2,166,132	

Windsor at Westside
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2023

	Adopted	Prorated Budget	Actual		
	Budget	Thru 01/31/23	Thru 01/31/23	Variance	

Revenues:					
O&M Assessments	$	444,642	$	385,036	$	385,036	$	-	
Total Revenues	$	444,642	$	385,036	$	385,036	$	-	

Expenditures:					
General & Administrative:					
Supervisor Fee	$	7,200	$	2,400	$	600	$	3,000	
FICA Expense	$	367	$	122	$	31	$	153	
Engineering	$	5,000	$	1,667	$	150	$	1,517	
Attorney	$	10,000	$	3,333	$	1,381	$	1,953	
Arbitrage	$	900	$	450	$	450	$	-	
Dissemination	$	7,000	$	2,333	$	2,333	$	0	
Annual Audit	$	3,900	$	-	$	-	$	-	
Trustee Fees	$	7,000	$	-	$	-	$	-	
Assessment Administration	$	5,000	$	5,000	$	5,000	$	-	
Management Fees	$	41,363	$	13,788	$	13,788	$	(0)	
Information Technology	$	1,800	$	600	$	600	$	-	
Website Maintenance	$	1,000	$	333	$	333	$	0	
Telephone	$	100	$	33	$	-	$	33	
Postage	$	300	$	100	$	2,328	$	(2,228)	
Insurance	$	7,215	$	7,215	$	6,464	$	751	
Printing & Binding	$	500	$	167	$	29	$	137	
Legal Advertising	$	3,000	$	1,000	$	-	$	1,000	
Other Current Charges	$	1,000	$	333	$	307	$	27	
Property Appraiser	$	500	$	-	$	-	$	-	
Office Supplies	$	200	$	67	$	1	$	66	
Dues, Licenses & Subscriptions	$	175	$	175	$	175	$	-	
Total General & Administrative:	$	103,520	$	39,117	$	33,969	$	6,409	

Windsor at Westside
Community Development District General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2023

	Adopted	Prorated Budget	Actual		
		Budget	Thru 01/31/23	Thru 01/31/23	Variance	

Operation and Maintenance						
Contract Services
Field Services		

$	10,635	

$	3,545	

$	3,545	

$	0	
Landscape Maintenance - Contract		$	63,000	$	21,000	$	19,345	$	1,655	
Lake Maintenance		$	10,500	$	3,500	$	3,576	$	(76)	
Wetland Monitoring & Maintenance		$	9,400	$	3,133	$	-	$	3,133	
Property Insurance		$	2,786	$	2,786	$	2,554	$	232	
Repairs & Maintenance
Landscape Maintenance - Other		
$	10,000	
$	3,333	
$	13,492	
$	(10,158)	
Repairs and Maintenance		$	2,500	$	833	$	-	$	833	
Operating Supplies		$	1,000	$	333	$	-	$	333	
Irrigation Repairs		$	10,000	$	3,333	$	6,492	$	(3,159)	
Signage		$	800	$	267	$	-	$	267	
Fountain Maintenance		$	2,520	$	840	$	2,550	$	(1,710)	
	Subtotal	$	123,141	$	42,904	$	51,554	$	(8,649)	
Utilitiy
Electric		
$	5,280	
$	1,760	
$	1,457	
$	303	
Irrigation Water		$	202,200	$	67,400	$	38,956	$	28,444	
Other
Contingency		
$	10,500	
$	3,500	
$	3,600	
$	(100)	
	Subtotal	$	217,980	$	72,660	$	44,013	$	28,647	
						
Total O&M Expenses:		$	341,121	$	115,564	$	95,567	$	19,998	
						
Total Expenditures		$	444,642	$	154,681	$	129,536	$	26,406	
						
Excess Revenues (Expenditures)		$	-		$	255,500		
						
Fund Balance - Beginning		$	-		$	201,583		
						
Fund Balance - Ending		$	-		$	457,083		

Windsor at Westside
Community Development District Debt Service Fund - Series 2015
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2023

	Adopted	Prorated Budget	Actual		
	Budget	Thru 01/31/23	Thru 01/31/23	Variance	
Revenues:					
Special Assessments	$	276,443	$	239,384	$	239,384	$	-	
Interest	$	250	$	250	$	2,880	$	2,630	
Total Revenues	$	276,693	$	239,634	$	242,264	$	2,630	

Expenditures:					
Interest - 11/1	$	94,644	$	94,644	$	94,644	$	-	
Principal - 11/1	$	85,000	$	85,000	$	85,000	$	-	
Interest - 5/1	$	92,944	$	-	$	-	$	-	
Total Expenditures	$	272,588	$	179,644	$	179,644	$	-	
					
Excess Revenues (Expenditures)	$	4,105		$	62,620		
					
Fund Balance - Beginning	$	241,045		$	382,620		
					
Fund Balance - Ending	$	245,150		$	445,240		

Windsor at Westside
Community Development District Debt Service Fund - Series 2016
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending January 31, 2023

	Adopted	Prorated Budget	Actual		
	Budget	Thru 01/31/23	Thru 01/31/23	Variance	
Revenues:					
Special Assessments	$	419,451	$	363,221	$	363,221	$	-	
Interest	$	250	$	250	$	4,035	$	3,785	
Total Revenues	$	419,701	$	363,471	$	367,256	$	3,785	

Expenditures:					
Interest - 11/1	$	141,769	$	141,769	$	141,769	$	-	
Principal - 11/1	$	130,000	$	130,000	$	130,000	$	-	
Interest - 5/1	$	139,088	$	-	$	-	$	-	
Total Expenditures	$	410,856	$	271,769	$	271,769	$	-	
					
Excess Revenues (Expenditures)	$	8,844		$	95,487		
					
Fund Balance - Beginning	$	333,749		$	548,171		
					
Fund Balance - Ending	$	342,594		$	643,658		

Windsor at Westside
Community Development District Month to Month

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

Revenues:

O&M Assessments

$	-  $

59,302  $

316,401  $

9,333  $

-  $	-  $	-  $

-  $	-  $

-  $	-  $

-  $	385,036

Total Revenues	$	-  $	59,302  $	316,401  $	9,333  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	385,036

Expenditures:

General & Administrative:

Supervisor Fee FICA Expense Engineering Attorney Arbitrage Dissemination Annual Audit Trustee Fees
Assessment Administration Management Fees Information Technology Website Maintenance Telephone
Postage Insurance
Printing & Binding Legal Advertising Other Current Charges Property Appraiser Office Supplies
Dues, Licenses & Subscriptions

$	-  $
$	-  $
$	150  $
$	342  $
$	-  $
$	583  $
$	-  $
$	-  $
$	5,000  $
$	3,447  $
$	150  $
$	83  $
$	-  $
$	2,282  $
$	6,464  $
$	-  $
$	-  $
$	97  $
$	-  $
$	0  $
$	175  $

-  $
-  $
-  $
782  $
-  $
583  $
-  $
-  $
-  $
3,447  $
150  $
83  $
-  $
4  $
-  $
-  $
-  $
107  $
-  $
0  $
-  $

600  $
31  $
-  $
257  $
450  $
583  $
-  $
-  $
-  $
3,447  $
150  $
83  $
-  $
35  $
-  $
5  $
-  $
104  $
-  $
0  $
-  $

-  $
-  $
-  $
-  $
-  $
583  $
-  $
-  $
-  $
3,447  $
150  $
83  $
-  $
6  $
-  $
25  $
-  $
-  $
-  $
0  $
-  $

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

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

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

-  $	600
-  $	31
-  $	150
-  $	1,381
-  $	450
-  $	2,333
-  $	-
-  $	-
-  $	5,000
-  $	13,788
-  $	600
-  $	333
-  $	-
-  $	2,328
-  $	6,464
-  $	29
-  $	-
-  $	307
-  $	-
-  $	1
-  $	175

Total General & Administrative:	$	18,774  $	5,156  $	5,113  $	4,295  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	33,969

Windsor at Westside
Community Development District Month to Month

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

Operation and Maintenance

Contract Services
Field Services
Landscape Maintenance - Contract Lake Maintenance
Wetland Monitoring & Maintenance Property Insurance

$	886  $
$	4,836  $
$	894  $
$	-  $
$	2,554  $

886  $
4,836  $
894  $
-  $
-  $

886  $
4,836  $
894  $
-  $
-  $

886  $
4,836  $
894  $
-  $
-  $

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

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

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

-  $	3,545
-  $	19,345
-  $	3,576
-  $	-
-  $	2,554

Repairs & Maintenance Landscape Maintenance - Other Repairs and Maintenance Operating Supplies
Irrigation Repairs Signage
Fountain Maintenance

$	6,562  $
$	-  $
$	-  $
$	-  $
$	-  $
$	600  $

-  $
-  $
-  $
2,993  $
-  $
600  $

-  $
-  $
-  $
-  $
-  $
750  $

6,929  $
-  $
-  $
3,499  $
-  $
600  $

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

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

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

-  $	13,492
-  $	-
-  $	-
-  $	6,492
-  $	-
-  $	2,550

Subtotal $

16,333  $

10,210  $

7,367  $

17,645  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

-  $

51,554

Utilitiy
Electric Irrigation Water

$
$

392  $
22,343  $

287  $
362  $

395  $
8,154  $

384  $
8,097  $

$
$

$
$

$
$

$
$

$
$

$
$

$
$

$
$

1,457
38,956

Other
Contingency

$

Subtotal $

3,600  $

26,335  $

-  $

650  $

-  $

8,548  $

-  $

8,480  $

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

3,600

44,013

Excess Revenues (Expenditures)	$	(61,441)  $	43,286  $	295,372  $	(21,087)  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	255,500

Total Expenditures	$	61,441  $	16,016  $	21,028  $	30,420  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	129,536

Total O&M Expenses:	$	42,668  $	10,859  $	15,915  $	26,125  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	95,567

WINDSOR AT WESTSIDE
COMMUNITY DEVELOPMENT DISTRICT LONG TERM DEBT REPORT

SERIES 2015, SPECIAL ASSESSMENT BONDS	
(ASSESSMENT AREA ONE PROJECT)	
INTEREST RATES:	4.000%, 5.000%, 5.125%	
MATURITY DATE:	11/1/2045	
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$138,194	
RESERVE FUND BALANCE	$139,643	
BONDS OUTSTANDING - 6/30/15	$4,190,000	
LESS: PRINCIPAL PAYMENT 11/1/16	($65,000)	
LESS: PRINCIPAL PAYMENT 11/1/17	($70,000)	
LESS: PRINCIPAL PAYMENT 11/1/18	($70,000)	
LESS: PRINCIPAL PAYMENT 11/1/19	($75,000)	
LESS: PRINCIPAL PAYMENT 11/1/20	($80,000)	
LESS: PRINCIPAL PAYMENT 11/1/21	($80,000)	
LESS: PRINCIPAL PAYMENT 11/1/22	($85,000)	
CURRENT BONDS OUTSTANDING	$3,665,000	

SERIES 2016, SPECIAL ASSESSMENT BONDS	
(ASSESSMENT AREA TWO PROJECT)	
INTEREST RATES:	3.500%, 4.125%, 4.750%, 5.000%	
MATURITY DATE:	11/1/2046	
RESERVE FUND DEFINITION	50% OF MAXIMUM ANNUAL DEBT SERVICE	
RESERVE FUND REQUIREMENT	$209,088	
RESERVE FUND BALANCE	$211,571	
BONDS OUTSTANDING - 5/31/16	$6,535,000	
LESS: PRINCIPAL PAYMENT 11/1/17	($110,000)	
LESS: PRINCIPAL PAYMENT 11/1/18	($115,000)	
LESS: PRINCIPAL PAYMENT 11/1/19	($120,000)	
LESS: PRINCIPAL PAYMENT 11/1/20	($125,000)	
LESS: SPECIAL CALL 11/1/20	($10,000)	
LESS: PRINCIPAL PAYMENT 11/1/21	($125,000)	
LESS: PRINCIPAL PAYMENT 11/1/22	($130,000)	
CURRENT BONDS OUTSTANDING	$5,800,000	

Windsor at Westside
COMMUNITY DEVELOPMENT DISTRICT

	Gross Assessments	$	473,024.40	$	294,088.00	$	446,224.00	$  1,213,336.40	

ON ROLL ASSESSMENTS	Net Assessments	$	444,642.94

38.99%	$	276,442.72

24.24%	$	419,450.56

36.78%	$  1,140,536.22

100.00%	

Special Assessment Receipts Fiscal Year 2023

Date	
Distribution	
Gross Amount	
Commissions	
Discount/Penalty	
Interest	
Net Receipts	
O&M Portion	Series 2015 Debt Service	Series 2016 Debt Service	
Total	

11/18/22	
ACH	
$1,272.07	
($25.44)	
$0.00	
$0.00	
$1,246.63	
$486.00	
$302.16	
$458.47	
$1,246.63	
11/22/22	ACH	$153,945.88	($3,078.92)	$0.00	$0.00	$150,866.96	$58,816.13	$36,567.07	$55,483.76	$150,866.96	
12/09/22	ACH	$807,476.19	($16,149.52)	$0.00	$0.00	$791,326.67	$308,502.09	$191,801.45	$291,023.13	$791,326.67	
12/22/22	ACH	$20,673.92	($413.48)	$0.00	$0.00	$20,260.44	$7,898.62	$4,910.72	$7,451.10	$20,260.44	
01/10/23	ACH	$799.14	($15.99)	$0.00	$0.00	$783.15	$305.31	$189.82	$288.02	$783.15	
01/10/23	ACH	$23,037.73	($460.75)	$0.00	$0.00	$22,576.98	$8,801.73	$5,472.20	$8,303.05	$22,576.98	
01/24/23	ACH	$0.00	$0.00	$0.00	$580.04	$580.04	$226.13	$140.59	$213.32	$580.04	
	TOTAL	$ 1,007,204.93	$ (20,144.10)	$	-	$ 580.04	$	987,640.87	$	385,036.01	$	239,384.01	$	363,220.85	$	987,640.87	

87%
$	152,895.35

Net Percent Collected Balance Remaining to Collect