Wednesday Towne Center May 27, 2026 1201 Black Lake Blvd. 6:30 PM Winter Garden, FL 1. Roll Call 2. Public Comment Period 3. Approval of Minutes of the February 25, 2026 Board of Supervisors Meeting 4. Field Manager’s Report i. Review of Complaint Log ii. Consideration of Proposals for Replacement of Aeration Systems iii. Approval of Sitex Fuel Surcharge Proposal 5. Consideration of Resolution 2026-03 Approving Proposed Fiscal Year 2027 Budget and Setting a Public Hearing 6. Consideration of Proposal for Reserve Study 7. Staff Reports A. Attorney i. Update on Status of Stormwater Memorandum of Understanding B. Engineer C. District Manager’s Report i. Approval of Check Register ii. Balance Sheet and Income Statement iii. Presentation of Registered Voters – 3,728 iv. General Election Qualifying Period and Procedure 7. Other Business 8. Supervisors Requests 9. Adjournment MINUTES OF MEETING STONEYBROOK WEST COMMUNITY DEVELOPMENT DISTRICT The regular meeting of the Board of Supervisors of the Stoneybrook West Community Development District was held on Wednesday, February 25, 2026, at 6:30 p.m. at 1201 Black Lake Blvd., Winter Garden, Florida. Present and constituting a quorum: Tom Alexander Chairman Tiffany McVeigh Acireale Vice Chair Jennifer Odom Assistant Secretary Lori Naegele Assistant Secretary Eli Gray by Zoom Assistant Secretary Also present were: Katie O’Rourke District Manager, GMS Tricia Adams by Zoom District Manager, GMS Scott Clark District Counsel Pete Glasscock District Engineer Rob Szozda Field Manager, GMS FIRST ORDER OF BUSINESS Roll Call Ms. O’Rourke called the meeting to order at 6:30 p.m. Four Board members were present in person constituting a quorum and Mr. Gray joined via Zoom. SECOND ORDER OF BUSINESS Public Comment Period Ms. O’Rourke opened the public comment period for the Board. There being no comments, the next item followed. THIRD ORDER OF BUSINESS Approval of Minutes of the November 19, 2025 Board of Supervisors Meeting Ms. O’Rourke presented the minutes from the November 19, 2025 Board of Supervisors meeting. She noted that these minutes have been reviewed by District staff and District Counsel and asked for any comments. The Board had no changes to the minutes. On MOTION by Mr. Gray, seconded by Mr. Alexander, with all in favor, the Minutes of the November 19, 2025 Board of Supervisors Meetings, were approved. FOURTH ORDER OF BUSINESS Approval of Minutes of the November 19, 2025 Workshop Meeting Ms. O’Rourke presented the minutes from the November 19, 202 workshop meeting. She noted that these minutes have been reviewed by District staff and District Counsel and had been edited to correct changes. Ms. Acireale noted two corrections that need to be changed on page 22 and Ms. O’Rourke stated that she would note those changes. There being no other changes from the Board there was a motion to approve the minutes as amended. On MOTION by Ms. Acireale, seconded by Ms. Odom, with all in favor, the Minutes of the November 19, 2025 Workshop Meeting, were approved as amended. FIFTH ORDER OF BUSINESS Consideration of Proposal for Additional Compressor Ms. O’Rourke presented the proposal for an additional compressor that was provided in the agenda package for review. It was discovered that compressors manufactured in 2020 are having issues. It does take time to order and install, so in anticipation of the three remaining compressors manufactured in that time frame, having one on hand could cut down on the amount of time the aerator for the pond is down. Board discussion followed. Frustrations were communicated as the compressors are lasting half the time they were told they would. Board direction was to purchase with a not to exceed amount of $2,000. Ms. O’Rourke noted that she would set up a call with her and Mr. Szozda and Sitex and Ms. Odom added that she would like to be looped into that call. On MOTION by Ms. Acireale, seconded by Ms. Odom, with all in favor, Setting a Not to Exceed Amount of $2,000 to Purchase a Backup Compressor, was approved. SIXTH ORDER OF BUSINESS Review and Acceptance of Fiscal Year 2025 Audit Report Ms. O’Rourke presented the 2025 Audit Report which was provided in the agenda package for review. The last page of the report from Grau & Associates noted that there were no found instances and was considered a clean audit. When the Board accepts the audit, staff will submit the report to the state by the June 30th deadline to comply with Florida statutes. On MOTION by Ms. Acireale, seconded by Mr. Alexander, with all in favor, Accepting the Fiscal Year 2025 Audit Report, was approved. SEVENTH ORDER OF BUSINESS Staff Reports A. Attorney i. Review of HOA Memorandum of Understanding Mr. Clark reported the HOA memorandum that was provided in the agenda package for review. He summarized its contents for the Board. This included a breakdown of maintenance responsibilities between streets and stormwater pipes. He explained some changes that were requested language that had been edited. Board discussion followed. Emergency expenditures were discussed and Mr. Clark suggested having the maximum amount for emergency be raised for stormwater purposes only. His intention is to come to an agreement and have this signed off by the next Board of Supervisor’s meeting and if the Board is amenable, he would like a motion to approve this document in substantial form so he can take it back to the other parties for final signatures. Ms. O’Rourke added that they have roughly $228,000 in reserves with an additional $110,000 transfer at the end of this current fiscal year. She can get a proposal from the vendor who performed the District’s reserve study to give an updated amount to reflect the ownership of the pipes to ensure there is an accurate amount of funds. Mr. Clark asked the Board to approve this in substantial form to get this moving forward to the other parties involved. It was requested to extend the “emergency period” time to longer than ten days. Discussion followed on an appropriate amount of days. On MOTION by Mr. Gray seconded by Mr. Alexander, with all in favor, the HOA Memorandum of Understanding, was approved in substantial form with minor changes expected. Mr. Clark noted that he is tracking some legislation that may affect the District in terms of recalling Supervisors and he will keep the Board informed of any changes. ii. Review of Pond Ownership Maps Mr. Clark presented the pond ownership map and reviewed it with the Board. iii. Review of Master Drainage Map Mr. Clark presented the master drainage map and reviewed it with the Board. B. Engineer Mr. Glasscock updated the Board on the weir repair. The contractor is delayed because of weather issues and will get it done as quickly as they can. He offered to answer any Board questions. C. Field Manager’s Report i. Review of Pond Complaint Log Mr. Szozda presented the field manager’s report and reported on the fountains and ponds. There have been no complaints about the landscaping. The aquatic maintenance is generally good and he is in communications with Sitex about overgrowth. Ms. Odom asked how long the aerator had been down and asked if they can keep an eye on it in the event that they decide to add clams to the pond for nutrient purposes. Mr. Szozda will have a proposal available at the next Board of Supervisor’s meeting for consideration. Midges were discussed in short as they continue to look for the plants that best control them. He offered to answer any Board questions before the next item followed. D. District Manager’s Report i. Approval of Check Register Ms. O’Rourke presented the check register from November 1st through January 31st totaling $193,404.63 and offered to answer any Board questions. There were none and there was a motion of approval. On MOTION by Ms. Acireale, seconded by Ms. Odom, with all in favor, the Check Register totaling $193,404.63, was approved. ii. Balance Sheet and Income Statement Ms. O’Rourke presented the unaudited financial statements, including the balance sheet and income statement. No Board action was needed; this was for Board informational purposes only. EIGHTH ORDER OF BUSINESS Other Business There being no comments, the next item followed. NINTH ORDER OF BUSINESS Supervisor’s Request There being no comments, the next item followed. TENTH ORDER OF BUSINESS Adjournment Ms. O’Rourke asked for a motion to adjourn the meeting. On MOTION by Mr. Alexander, seconded by Mr. Gray, with all in favor, the meeting was adjourned. Secretary/Assistant Secretary Chairman/Vice Chairman Stoneybrook West CDD Field Management Report May 27, 2025 Rob Szozda Field Manager GMS 1 Stoneybrook West CDD Field Management Report | 2025 Completed 1. Fountains in Pond 1 and 23 are out of service. A pond with a fountain and palm trees AI-generated content may be incorrect. (Rectangle: Diagonal Corners Rounded) 2. Ponds 2 and 9 are in good condition – No major issues in any of the ponds. A body of water with houses and grass AI-generated content may be incorrect. (Rectangle: Diagonal Corners Rounded) A body of water with houses and trees AI-generated content may be incorrect. (Rectangle: Diagonal Corners Rounded) 2 Stoneybrook West CDD Field Management Report | 2025 3. Overflow spillway on Pond 24 has significant erosion and needs to be backfilled/re-enforced with flowable fill. Holes to fill have been drilled – Pour is scheduled prior to the May 27th Board Meeting. IMG_8170.jpeg (Rectangle: Diagonal Corners Rounded) Potential Issues • Potential drainage issues for Pond 1 & 2 and area on Fox Glove. Areas will be monitored during heavy rain events. • Sepage from Control Structure in Pond 26 – Pending directive from District Engineer. • Sitex to complete quarterly control structure inspection and clearing. Pond trash will be picked up at this time as well • District Engineer investigating stormwater structure and condition of lake bank at 1941 Black Lake Drive A concrete structure with a drain coming out of it AI-generated content may be incorrect. (Rectangle: Diagonal Corners Rounded) A pond with a fountain and palm trees AI-generated content may be incorrect. (Rectangle: Diagonal Corners Rounded) Site Items A green lawn with trees and a house AI-generated content may be incorrect. (Rectangle: Diagonal Corners Rounded) A grass field with a building in the background AI-generated content may be incorrect. (Rectangle: Diagonal Corners Rounded) •Bladerunners/United continue to do a good job of maintaining assigned areas. Landscape Maintenance 5 Stoneybrook West CDD Field Management Report | 2025 Algae and plant growth has been effectively controlled Received calls on Ponds 9 Algae Growth – Pond being treated every 2 weeks – Significant improvement in overall condition Pond 9 Aerator is back to full capacity – Additional Compressor installed and Aerator is operating as designed Pond 16 Aerator is out of Service – Sitex is in discussions with Otterbine on Warranty Replacement. Pond 27 was treated with Sonar – Pond remains in acceptable condition. Airmax Aeration System ~ $13,500/unit Otterbine Replacement Compressors ~ $1,600 each. A body of water with grass and houses in the background AI-generated content may be incorrect. (Rectangle: Diagonal Corners Rounded) Aquatic Maintenance A grassy area with a body of water and houses AI-generated content may be incorrect. (Rectangle: Diagonal Corners Rounded) Site Items Midge Control Services & Pond Maint. A pool in a house Description automatically generated (Rectangle: Diagonal Corners Rounded) Plants, Fish, Grass Shrimp. Evaluating ability to plant and maintain water plants in the challenging pond bottoms and shorelines (very hard – limestone) Lilies have emerged in Ponds 7, 16, 18, 26 Sitex to plant Lilly Pads in Pond 3 & 4 –Warranty Settlement. Sitex is cannot locate Lilly Pads to install. No recent calls on midge on Masthead Landing Circle (Pond 9) since the Aerator since aerator went back to full capacity 7 Stoneybrook West CDD Field Management Report | 2025 Engineer’s Report Action Items from the Engineer’s Report: • The control structure at the dry pond in tract A is starting to become overgrown with vegetation. The structure should be cleared for proper drainage. Complete • The soil beneath the Concrete Wier between The Dry Pond and Wet Pond in Tract A appears to be eroding away. The void beneath the weir should be pressure injected with a flowable fill concrete. Estimated Cost to repair = $25,000 – Seeking Bids • Access to the outfall structure for Wetland B (Tract F) has become overgrown with vegetation preventing inspections and maintenance. Complete • There are two depressions at the top of bank on the south side of Pond 24 (behind 1560 Sherboume St.) These depressions should be filled with soil and monitored for further settling. – Complete and appear to be holding • Part of the pond bank (Pond 23) at the southern end of the concrete entry feature has eroded away. This should be filled with soil and sodded. To be Completed • Access to the outfall structure for Pond 21 has become overgrown with vegetation preventing inspections and maintenance. Complete • Access to the outfall structure for Wetland 5 has become overgrown with vegetation preventing inspections and maintenance. To be Completed • Access to the outfall structure for Pond 15 has become overgrown with vegetation preventing inspections and maintenance. To be Completed • The soil in the bank at the mitered end section on the south slope of the pond at tract GC-1 has eroded away and the void should be filled with dirt and re-sodded. To be Completed • There is a partial collapse of the pond slope near the mitered end and needs to be filled in and resodded and evaluated for further settling. To be Completed • The bubble up drainage structure along the edge of the wetland (behind 2419 Black Lake Blvd.) is overgrown with vegetation and should be cleared. Complete • The inlet along the edge of Wetland 3 (behind 13939 Eylewood Dr.) is overgrown with vegetation and should be cleared. Complete • Access to the outfall structure for Wetland 3 (behind 2604 Oakington St.) has become overgrown with vegetation preventing inspections and maintenance. Complete • All pond outfall structures need to be cleared of debris and any aquatic vegetation. Complete Conclusion Ponds maintenance has improved with focused treatment and cooler temperatures. Mowing contractor is doing a good job and is very responsive. ~ For any questions or comments regarding the above information, please contact me by phone at 865-603-3650, or by email at rszozda@gmscfl.com. Thank you. Respectfully, Rob Szozda 10 Stoneybrook West CDD Field Management Report | 2025 Fountain/Aeration AgreementThis agreement is between Sitex Aquatics, LLC. Hereafter called “Sitex” and StoneyBrook West CDD hereafter called “customer” Customer: StoneyBrook West CDD C/O:GMS Contact: Mr. Robert Szozda Address: 219 Livingston St Orlando, FL 32801 Email: rszozda@gmscfl.comPhone: 407.841.5524The Following bid is for the sale & installation of 1-Airmax PS60 diffused aeration system to be installed in Pond #17 located in the StoneyBrook west community in Winter Garden, Florida. A deposit of 50% ($6,706.00) is due up[on execution of this agreement & for equipment to be ordered, with remaining 50% ($6,706.00) due within 30 days of completion of installation. Overdue accounts may accrue a service charge. Customer acknowledges that he/she has read and is familiar with the additional terms and conditions printed on the second page, which are incorporated in this agreement. Service$13,412.00 Cost1-1hp 230v Compressor w/5 dual diffusers & 2000’ of weighted TubingPresident, Sitex Aquatics llc. Date $13,412.00LaborIncludeStandard Installation up to 20’ trench for cabinetIncluded3-Year WarrantyIncludedTotal cost$13,412.00Service$13,412.00 CostService$13,412.00 Cost Service$13,412.00 Service Cost Cost 1-1hp 230v Compressor w/5 dual diffusers & 2000’ of weighted TubingPresident, Sitex Aquatics llc. Date $13,412.00LaborIncludeStandard Installation up to 20’ trench for cabinetIncluded3-Year WarrantyIncludedTotal cost$13,412.006 1-1hp 230v Compressor w/5 dual diffusers & 2000’ of weighted TubingPresident, Sitex Aquatics llc. Date 1-1hp 230v Compressor w/5 dual diffusers & 2000’ of weighted Tubing Terms & Conditions Payment Sitex agrees to provide all labor, supervision, and equipment necessary to carry out the work. There shall be no variance from these specifications unless expressly stated through an addendum. Responsibility Neither party shall be responsible for damage, penalties or otherwise for any failure or delay in performance of any of its obligations hereunder caused by strikes, riots, war, acts of Nature, accidents, governmental orders and regulations, curtailment or failure to obtain sufficient material, or other force majeure condition (whether or not of the same class or kind as those set forth above) beyond its reasonable control and which, by the exercise of due diligence, it is unable to overcome. Sitex agrees to hold Customer harmless from any loss, damage or claims arising out of the sole negligence of Sitex. However, Sitex shall in no event be liable to Customer or other for indirect, special or consequential damage resulting from any cause whatsoever. Scheduling It is agreed by both Parties that the work performed under this Agreement will be done on a schedule that is sensitive to the overall function of the property. Additionally, it is understood that all work will be performed during the normal business week (MondayFriday) unless otherwise stipulated. Insurance Sitex shall maintain the following insurance coverage and limits: (a) Workman’s Compensation with statutory limits; (b) Automobile Liability; (c) Comprehensive General Liability including Property Damage, Completed Operations, and Product Liability. A Certificate of insurance will be provided upon request. Customers requesting special or additional insurance coverage and/or language shall pay resulting additional premium to Sitex to provide such coverage. This Agreement shall be governed by the laws of the state of Florida. Page 2of 2 Fountain/Aerator Repair AgreementThis agreement is between Sitex Aquatics, LLC. Hereafter called “Sitex” and StoneyBrook West CDD hereafter called “customer” C/O: GMSContact: Robert Szozda Email: rszozda@gmscfl.comPhone: 865.603.3650The Following bid is for the repair/spare of compressors @ SBW located in winter Garden, Florida. t A deposit of 50% is due upon execution of this agreement & for equipment to be ordered, with remaining 50% due within 30days of completion of installation. Overdue accounts may accrue a service charge. Customer acknowledges that he/she has read and is familiar with the additional terms and conditions printed on the second page, which are incorporated in this agreement. ServiceCost$3,303.00 2- 1/2hp 230/1ph CompressorPresident, Sitex Aquatics llc. Date $3,128.00Shipping $175.00Total cost$3,303.00ServiceCost$3,303.00 ServiceCost$3,303.00 ServiceService Cost$3,303.00 Cost 2- 1/2hp 230/1ph CompressorPresident, Sitex Aquatics llc. Date $3,128.00Shipping $175.00Total cost$3,303.00 2- 1/2hp 230/1ph CompressorPresident, Sitex Aquatics llc. Date $3,128.00 2- 1/2hp 230/1ph CompressorPresident, Sitex Aquatics llc. Date 2- 1/2hp 230/1ph CompressorPresident, Sitex Aquatics llc. Date $3,128.00 Terms & Conditions Payment Sitex agrees to provide all labor, supervision, and equipment necessary to carry out the work. There shall be no variance from these specifications unless expressly stated through an addendum. Responsibility Customer is responsible for all electrical services to the control box, Sitex is not an electrical contractor nor claims to be responsible for any electrical responsibilities. Customer agrees to pay separate cost incurred by said electrical contractor. Neither party shall be responsible for damage, penalties or otherwise for any failure or delay in performance of any of its obligations hereunder caused by strikes, riots, war, acts of Nature, accidents, governmental orders and regulations, curtailment or failure to obtain sufficient material, or other force majeure condition (whether or not of the same class or kind as those set forth above) beyond its reasonable control and which, by the exercise of due diligence, it is unable to overcome. Sitex agrees to hold Customer harmless from any loss, damage or claims arising out of the sole negligence of Sitex. However, Sitex shall in no event be liable to Customer or other for indirect, special or consequential damage resulting from any cause whatsoever. Scheduling It is agreed by both Parties that the work performed under this Agreement will be done on a schedule that is sensitive to the overall function of the property. Additionally, it is understood that all work will be performed during the normal business week (MondayFriday) unless otherwise stipulated. Insurance Sitex shall maintain the following insurance coverage and limits: (a) Workman’s Compensation with statutory limits; (b) Automobile Liability; (c) Comprehensive General Liability including Property Damage, Completed Operations, and Product Liability. A Certificate of insurance will be provided upon request. Customers requesting special or additional insurance coverage and/or language shall pay resulting additional premium to Sitex to provide such coverage. This Agreement shall be governed by the laws of the state of Florida. Page 2of 2 Subject: Notice of Temporary Fuel Surcharge We value the trust you place in Sitex Aquatics & remain committed to providing the reliable, high quality service at a fair price you have been used too. As you know over the last few months, fuel prices have increased significantly, resulting in a substantial rise in our operating cost, particularly for our service vehicles & equipment. While we have absorbed these increases for as long as possible & with no relief in the near future, we have no choice but add a temporary fuel charge of 3% to the monthly invoice effective June 1st. As soon as fuel prices drop & stabilize this surcharge will be eliminated, hopefully sooner than later! We appreciate your understanding, loyalty, & continued partnership moving forward. Sincerely, Joe Craig President Sitex Aquatics llc. 813.564.2322 joe@sitexaquatics.com RESOLUTION 2026-03 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE STONEYBROOK WEST COMMUNITY DEVELOPMENT DISTRICT APPROVING PROPOSED BUDGET(S) FOR FISCAL YEAR 2026/2027 AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; ADDRESSING SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the District Manager has heretofore prepared and submitted to the Board of Supervisors (“Board”) of the Stoneybrook West Community Development District (“District”) prior to June 15, 2026, proposed budget(s) (“Proposed Budget”) for the fiscal year beginning October 1, 2026, and ending September 30, 2027 (“Fiscal Year 2026/2027”); 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 STONEYBROOK WEST COMMUNITY DEVELOPMENT DISTRICT: 1. PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager for Fiscal Year 2026/2027 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget. 2. 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: July 29, 2026 HOUR: 6:30 PM LOCATION: 1201 Black Lake Blvd. Winter Garden, FL 34787 3. TRANSMITTAL OF PROPOSED BUDGET TO LOCAL GENERAL PURPOSE GOVERNMENT(S). The District Manager is hereby directed to submit a copy of the Proposed Budget to the local general-purpose governments at least 60 days prior to the hearing set above. 4. POSTING OF PROPOSED BUDGET. In accordance with Section 189.016, Florida Statutes, the District’s Secretary is further directed to post the approved Proposed Budget on the District’s website at least two days before the budget hearing date as set forth in Section 2 and shall remain on the website for at least 45 days. 5. PUBLICATION OF NOTICE. Notice of this public hearing shall be published in the manner prescribed in Florida law. 6. 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. 7. EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED THIS 27th DAY OF MAY, 2026. ATTEST: STONEYBROOK WEST COMMUNITY DEVELOPMENT DISTRICT _____________________________ Secretary / Assistant Secretary Chair/Vice Chair, Board of Supervisors Exhibit A: Proposed Budget Stoneybrook West Community Development District Proposed Budget FY 2027 A picture containing text Description automatically generated 1-2 3-5 67 8-9 10 Assessment Schedule Narratives Table of Contents General Fund Capital Reserve Fund Series 2018 Amortization Schedule Debt Service Fund Series 2018 Adopted Budget Actuals Thru Projected Description FY2026 4/30/26 5 Mont hNsext Pro9je/c3t0ed/2 T6hru PFBrYou p2do0gs2eet7d REVENUES: SCInpaterercryiea Fsl toA Irsnwsceaosrmsdme Seunrtpsl u- sTax Roll $ 4 19 1344,,,780530490 $ 45 143,,843096 - $ 39 5,,951954 - $ 49 149,,070504 - $ 4 1934,,875514 - TOTAL REVENUES $ 522,593 $ 468,246 $ 45,508 $ 513,754 $ 508,605 EXPENDITURES: Administrative LIOOIPATAPWMAPPESDnnuerorRnrsnttfuafsefthiougpssgon-einonubeaFpcetseisrutrraanesstlrIerm,in aae ggCisn eAvrLCStnleeemeAaetgei iduuAsy yc mctr F&ve&pMoreie iuToenneer rp n Dd-aenBeanr gtl sFiiGs tinex ittAneeTien eletsFsstidee dsinveC ens&mcienehenhg rraisaSgnnyanruoligc bslLeeotsirsgcaarybtiiipolitntiyons $ 421 11271573103505 ,,,,,,,,,,,,,, 482720469235020 301053020080305050807041080860606000305 $ 2 1 1 6 5 7 335 11,,,,,,,,,0 85479 7619 16 18 3050002518207 02294 18401870205 - - $ 1 16 7 8 52,,,,,, 9 77 84 25880 12060770199825509031059830300 - - - - - $ 4 2 1 1 1 1 1 60 5 7 3 13053 ,,,,,,,,,,,,,, 704865 3479250 2026 1000585000035070507000404084066050005 $ 421 11127257143055 ,,,,,,,,,,,,,, 04909235690200 3201004091087309008507007010048508003005 TOTAL ADMINISTRATIVE $ 117,306 $ 68,862 $ 45,731 $ 114,593 $ 120,150 Operations & Maintenance Field Expenditures CMLSPULGILFFFntaaaiooaeetieosiknnpsuusnllurtciedddinnemt rt C yssr-ttaaaM aaccaow lCnn- aaiilnaO onndc aEppMntenu tlree--Weae att o- CRrgilc-- inlaeP note&OCDytrgrmtnloMitroeeacthanennpnreitnaacednrrcytnraattccgyete Maintenance - Contract $ 61361151 099523504465 ,,,,,,,,,,,, 000651000920200680200090020400050006003 $ 233 2572712294 ,,,,,,,,,, 070793255140 9815460070 60 950506506035 - $ 1122 46754276 ,,,,,,,, 52761675797 97478390690 95505450050 -- $ 13 6 1 151 995 23 5046 5 2 ,,,,,,,,,,, 606501000258968002000270800005000360 - $ 4461251 00725505782 ,,,,,,,,,,, 721700060058 730600020348 520200000474 - TOTAL FIELD EXPENDITURES $ 294,788 $ 125,804 $ 107,857 $ 233,662 $ 274,955 TOTAL EXPENDITURES $ 412,094 $ 194,666 $ 153,588 $ 348,254 $ 395,105 Stoneybrook West Community Development District Proposed Budget General Fund Page 1 Adopted Budget Actuals Thru Projected Description FY2026 4/30/26 5 Mont hNsext Pro9je/c3t0ed/2 T6hru PFBrYou p2do0gs2eet7d Stoneybrook West Community Development District Proposed Budget General Fund Other Sources/(Uses) RReesseerrvveess -- EPomnedrsgency ((2855,,500000)) ((2855,,500000)) ( 5 , 0 0 -) ( 1 (2450,,500000)) ((2885,,500000)) TOTAL OTHER SOURCES/(USES) $ (110,500) $ (110,500) $ (55,000) $ (165,500) $ (113,500) EXCESS REVENUES (EXPENDITURES) $ - $ 163,080 $ (163,080) $ - $ - 44567T9000050H.5 Product AssU113451e2ns1357887is022896tasble N $ e t 11 A 1463156s5994024se,,,,,,,0062501s2373719sm2355735.......4554867e0892859nt $ A s 11 G e 2563167rs0296114os,,,,,,,1284258mss2592526e 1150357n.......0056028t0486602 $ G r o s Fs Y P 2 e 11314236r7899149 U1795626n.......1598738i0171858t $ G r o s Fs Y P 2 e 11314237r7899149 U1795626n.......1598738i0171858t $ ( I D n ce r c e r ae sa es e / ) ------- TOTAL 1874 $ 494,754.30 $ 526,334.36 Page 2 Management Fees Assessment Administration Trustee Fees Annual Audit Website Maintenance Postage and Delivery Insurance General Liability Printing and Binding PerChapter2014-22,LawsofFlorida,allDistrictsmusthaveawebsitetoprovidedetailedinformationontheCDDaswellaslinkto useful websites regarding compliance issues. This website will be maintained by GMS-SF, LLC and updated monthly. s iTTonthhshieuserrDea cixnsopctrreerin eccstso'epsvoeiGsnreadfngoeeernr tcaaoecl gtLuoiaavlberpilnoitmsytea&ngetPaual bnagldiec/noOcrifeffirsce.i aTiglhshetL auiamsbeoidluitnfyot riIsnt sbhuaersaDendisc oternipc aotn'lsi ecmystaiimsiliwantgiets hfrinaocmqlu utdhaileni fgiineasdugeernanntdicatye pptahrcoakvtaisgdpeeesrc,.ivaelinzdesorinchpercokvsidainndg bTuhdegDeitsetdri actmiosurneqt ufoirre tdheto ficsocanld yuecatra ins banasneuda loanu cdointtorfaicttsefdi nfeaensc ifarlorme ctohred psrbeyviaonusI nydeeapr'esn ednegnatgCeemretinfite.dPublicAccountingFirm.The Copies used in the preparation of agenda packages, required mailings, and other special projects. Legal Advertising TgehneerDails tcriricctuliastiroenq.uiredtoadvertisevariousnoticesformonthlyBoardmeetingsandotherpublichearingsinanewspaperof Special Assessments - Tax Roll Stoneybrook West Community Development District Budget Narrative Fiscal Year 2027 REVENUES $Cm2he0aep0titneprge s1r.9m0 oeef ttihneg Filnoriwdah iScthatuthteesy aalltotewnsd f.or Tmheembbuedrsg eotfe tdhea Bmooaurnd toff oSruptehrevifsioscrsa ltoy beea rcoimspbeansseadteodn allsupervisorsattending6 FICA Taxes tPoatyarl oBlolatradx eosf SounpeBrovaisrodrso’ fpaSyurpoellr veixspoerns'dictoumrepse.nsation. The budgeted amount for the fiscal year iscalculatedat7.65%ofthe oTpheeraDtiisntgri ectxpweinlldilteuvryesa dNuorinn-gA tdheV aFlioscraelm Yeaasrs.essmentonallsoldandplattedparcelswithintheDistrictinordertopayforthe Interest Income The District earns interest on the monthly average collected balance for each of their investment accounts. Expenditures - Administrative Supervisors Fees Engineering mThoenthDliys t rbicota'srd e nmgeineteienrgs,w irlelviperwo v iodfe ingveoniecreasl, aenndgi n oetehreinr g spseecrivfiicceaslly t o reqthueestDeids tarsiscitg,nim.ee.natst.tendance and preparation for Attorney TMExhaheniaDbgiitse t"mrAiec"n totrfe Stcheeeri vvMiecasensMa-SagoneumatgehenmFt leAongrtir,deAaec,mcLoeLunCnt..tinTghaenbduAddgmetiendisatrmaotiuvnetseforrvitcheesafisscpaalrtyoeafraMisabnaasgeedmoenntthAegrceoenmtreancttewdithfeGesovoeurnlimneedntianl The District bonds will be held and administered by a Trustee. This represents the trustee's annual fee. BBThooaaerrddD imostfe r eiSctuti’pnsegrsAv,tirtsoeovrrnisee w yanowdf i tlclhoenb t eDraipsctrtrsoi,vcrti edMviniaegnwaggoeenfr.eargarleelmegeanltssearnvdicersesotoluttihoensD,iastnrdicto,tih.ee.r,artetesnedaracnhceaasnsidgnperdepaasratdioirnecftoerdmboyntthhlye Expenditures with Governmental Management Services related to the administration of the District's Assessment Roll. Page 3 Stoneybrook West Community Development District Budget Narrative Fiscal Year 2027 Office Supplies Property Taxes Other Current Charges Due, Licenses & Subscriptions Field Management Insurance Property Landscape - Contract DESCRIPTION MONTHLY ANNUAL AMOUNT LANDSCAPE MAINTENANCE $4,635 $55,620 Landscape - Other Pest Control DESCRIPTION MONTHLY ANNUAL AMOUNT MAMDIODDSGIQTEUI OFITLNOYA FLLOA SRGVGVCIISNCIGD SEVCS $$22,,290756 $$$$2363567,3,,,41726018022 Lake and Wetland DESCRIPTION MONTHLY ANNUAL AMOUNT LAKE & WATERWAYS MAINTENANCE $3,353 $40,232 Fountain - Contract DESCRIPTION BI-MONTHLY ANNUAL AMOUNT LAKE & WATERWAYS MAINTENANCE $481 $2,884 Fountain - R&M General Maintenance Expenditures - Administrative (continued) Expenditures – Field The District anticipates paying property taxes on parcels owned by the District. Supplies used in the preparation and binding of agenda packages, required mailings, and other special projects. The District is required to pay an annual fee to the Florida Department of Commerce for $175. This includes monthly bank charges and any other miscellaneous expenses that incur during the year. Information Technology bTyh eGoDvisetrrnicmtepnrtoacle Mssaensaaglelmofeintts Sfienravnicceias l–a Scotiuvtihti eFslo,ir.ied.aa,c LcLoCu.ntspayable,financialstatements,etc.onamainframecomputerleased The District currently has a contract with Sitex Aquatics to maintain and repair the fountain. The District will contract management services for the operation of the property and its contractors. TthhreouDgihsotruitc tthceu Drrisetnrtilcyt.has a contract with Blade Runners Commercial Landscaping Orlando, LLC. to maintain landscaping Flaunnddsicnagpef ovrentrdiomrm coinngtr,arcetp.lacementoftrees/plants,andother routine landscape maintenance thatis notcoveredunderthe The District currently has a contract with Sitex Aquatics to provide pest control services throughout the District. Strcehaetdmuelendts.m Aalginaete cnoanntcreol cwoinlls iinstcsluodfe rinesmpoevctailo annsd acnhdemtriceaalt tmreeanttmoefntCsD bDy Sliatkeexs Aqaunadtipcso.nds. Herbicides will consist of chemical aTgheenDciiesstr. iTcht'es aPmroopuenrtt yisI bnasuseradn ucpeopno sliicmyiliasrw Ciothmamquunaitliyf iDedeveenlotiptymtehnatt Dspisetcriiactlisz.esinprovidinginsurancecoveragetogovernmental The District incurs additional expenses to maintain, repair and/or replace the fountains. The District incurs general maintenance expenses for the daily operations. Page 4 Stoneybrook West Community Development District Budget Narrative Fiscal Year 2027 ACCOUNT #'s: DESCRIPTION MONTHLY AVG ANNUAL AVG 999999999111111111000000000000001110888688668333334443555565555555456074000079159047279125493078241483006196 IIIFFFFFFrrroooooorrriiiuuuuuugggnnnnnnaaatttttttttaaaaaaiiioooiiiiiinnnnnnnnn $$$$$$$$$112111111128011800169045555 A$$$$$$$$$M113111211O,,,,,,,,,344223322U486026966695023500NT $15,000 DESCRIPTION QUARTERLY ANNUAL AMOUNT SSTTOORRMMWWAATTEERR DDRRAAIINNAAGGEE -- cmleaainntuepnance as$ n6e7e0ded $2$,86080 $2,760 Misc. Contingency Capital Outlay Reserves - Ponds This Reserve fund is assigned for future pond projects that the District anticipates. Major expenses or asset acquisitions the District may incur throughout the year. The District has put aside this fund for any emergency expenditures that may arise. Utility - Electric Rweepllr peusemnptss,c foosutnstfaoirnse laencdtr picoitoyl hfoorupser.o Djeucktse sEuncehrgays pstrroeveitdleigsh tthsi,ss sigenrvs,iceel.ectricityfortheguardhouse, entrancefeatures,irrigation, Expenditures – Field (continued) Stormwater Drainage Maintenance rTehsepeDcits ttroi ccteirntacuinr sDrisetpraicirt sdaranidnamgaei snttreuncatnucreesw. Shiitcehx cAoquuladtiincsc lpurdoevivdaecsu tuhmisi nsegr,vcliecea.ring,desalting,dredging,andrepairserviceswith Trehpisaiirnsc, liundsetaslalantyiomn iosfc ecllalamnse oinu spoexnpdesn, csleesatnh uapt tthheroDuisgthroicuttc tahne iDnicsutrridctu prienrgiotdhiecaFlilsyc aalnYde aafrtetro ainncyl uhduerruicnapnlaen.nedstormwatersystem Reserves - Emergency Reserves Page 5 Adopted Budget Actuals Thru Projected Description FY2026 4/30/26 5 Mont hNsext Pro9je/c3t0ed/2 T6hru PFBrYou p2do0gs2eet7d REVENUES: ICnatrerrye Fsto Irnwcaormde Balance $ 2 46,,500608 $ 4,652 - $ 2 16,,408668 $ 2 66,,103688 $ 3 4 42,,510006 TOTAL REVENUES $ 230,568 $ 4,652 $ 227,554 $ 232,206 $ 346,606 EXPENDITURES: Other Current Charges $ 600 $ 350 $ 250 $ 600 $ 600 TOTAL EXPENDITURES $ 6 00 $ 3 50 $ 2 50 $ 6 00 $ 6 00 Other Sources/(Uses) EPomnedr gReensceyr vRee -s eTrrvaen -s fTerra Innsfer In $ 2 855,,500000 $ 2 855,,500000 $ - - $ 2 855,,500000 $ 2 885,,050000 TOTAL OTHER SOURCES/(USES) $ 110,500 $ 110,500 $ - $ 110,500 $ 113,500 EXCESS REVENUES (EXPENDITURES) $ 340,468 $ 114,802 $ 227,304 $ 342,106 $ 459,506 Stoneybrook West Community Development District Proposed Budget Capital Reserve Fund Page 6 Adopted Budget Actuals Thru Projected Description FY2026 4/30/26 5 Mont hNsext Pro9je/c3t0ed/2 T6hru PFBrYou p2do0gs2eet7d REVENUES: SCInpaterercryiea Fsl toA Erswasreansrsidnm gSesunrtpsl-uOsn (1 R) oll $ 145907 5,,,860480880 $ 146557 6,,,151335760 $ 40 2,,135520 - $ 146957 8,,,156308708 $ 14698 57,,,406108608 TOTAL REVENUES $ 653,536 $ 628,823 $ 42,502 $ 671,325 $ 671,104 EXPENDITURES: PPIInnrrttiieennrrcceeiippssttaa llAA AA2121 $ 3 5 3 913685,,,,002600280008 $ 4 97,,181404 -- $ 3 5 3 4 3697,,,,001800140004 $ 3 5 3 913685,,,,002600280008 $ 3 6 3 816854,,,,006300570048 TOTAL EXPENDITURES $ 502,909 $ 56,954 $ 445,954 $ 502,909 $ 504,032 EXCESS REVENUES (EXPENDITURES) $ 150,627 $ 571,869 $ (403,453) $ 168,416 $ 167,073 (1) Carry Forward is Net of Reserve Requirement $ 42,809 679544T005000H.5 Product AssU145113e2ns3781587is288106tasble N $ e t 11 A 1613654s1692357se,,,,,,,6634959s8875863sm4807935.......1470205e1521581nt $ A s 11 G e 1623665rs5704857os,,,,,,,6760543mss2503797e 1370128n.......3715962t1650040 $ G r o s Fs Y P 2 e 46111325r5788956 U5754507n.......5564666i2355925t $ G r o s Fs Y P 2 e 46111326r5788956 U5754507n.......5564666i2355925t $ ( I D n ce r c e r ae sa es e / ) ------- TOTAL 1872 $ 497,688.13 $ 529,455.46 Stoneybrook West Community Development District Proposed Budget Debt Service Series 2018 Special Assessment Bonds Interest Due 11/1/27 Page 7 Period OuBtsatlaanndceing Coupons Principal Interest AnSneuravli Dceebt 100101010101010101101010115515151515151515151515////////////////////////000000000000000000000000111111111111111111111111////////////////////////222332222222222333333333799013445566788012233445 $ 5 45 4 4 4 3 3 3 3 3 3 2 2 2 2 1 1 1 100663399551177339944 9 9 5 5006611557788775511669900,,,,,,,,,,,,,,,,,,,,,,,,000000000000000000000000000000000000000000000000000000000000000000000000 333333333333333333333333........................666666666666666666666666444444444444444444444444000000000000000000000000%%%%%%%%%%%%%%%%%%%%%%%% $ 3 3 3 3 3 4 4 4 4 4 4 5 456891245790 ,,,,,,,,,,,, 000000000000 -- - - - - - - - - - - $ 899 78 77 67 56 55 45 34 23 2 1 1,,,,,,,,,,,,,,,,,,,,,,1144818144707022446688 9 9008484889894847775750011001144979781817676772200 $ 5 5 5 5 5 5 5 5 5 5 5 5 1191111111110,,,,,,,,,,,,,153062837147908238821535110153659833920 Total $ 5 00,000 $ 1 26,126 $ 6 26,126 Stoneybrook West Community Development District AMORTIZATION SCHEDULE Debt Service Series 2018 Special Assessment Bonds A-1 Page 8 Period OuBtsatlaanndceing Coupons Principal Interest AnSneuravli Dceebt 010010101010101011155151515151515511//////////////////000000000000000000111111111111111111//////////////////333332222222222222112009988776655443 $ 1 11 12 22 22 23 3 33,,,,,,,,,,,,,, 48 42 82606044717414363666646040505202088700700066909909,,,,,,,,,,,,,,,,,,000000000000000000000000000000000000000000000000000000 333333333333333333..................555555555555555555666666666666666666000000000000000000%%%%%%%%%%%%%%%%%% $ 4 4 4 3 3 3 3 3 3 230986542 287306319 ,,,,,,,,, 000000000 - - - - - - - -- $ 1 12 22 23 34 44 45 5665 77252969262959151,,,,,,,,,,,,,,,,,,773355535381811001990054514121218338668383828270700660 $ 4 44 4 4 4 4 4 4 44444444464555554551,,,,,,,,,,817181920260906339131461097066 Total $ 3,429,000 $ 6 39,340 $ 4,068,340 Stoneybrook West Community Development District AMORTIZATION SCHEDULE Debt Service Series 2018 Special Assessment Bonds A-2 Page 9 NeighTbyoprehood UO n&iMts BU2o0nn1idt8ss FY 2027 FY2026 Increase/ (decrease) FY 2027 FY2026 Increase/ (decrease) FY 2027 FY2026 Increase/ (decrease) TH 186 186 $195.81 $195.81 $0.00 $185.65 $185.65 $0.00 $381.46 $381.46 $0.00 40 350 350 $199.50 $199.50 $0.00 $194.49 $194.49 $0.00 $393.99 $393.99 $0.00 40.5 112 111 $181.17 $181.17 $0.00 $185.65 $185.65 $0.00 $366.82 $366.82 $0.00 50 589 588 $296.38 $296.38 $0.00 $267.65 $267.65 $0.00 $564.03 $564.03 $0.00 60 472 472 $342.85 $342.85 $0.00 $350.62 $350.62 $0.00 $693.47 $693.47 $0.00 75 138 138 $377.91 $377.91 $0.00 $475.52 $475.52 $0.00 $853.43 $853.43 $0.00 90 27 27 $416.78 $416.78 $0.00 $657.53 $657.53 $0.00 $1,074.31 $1,074.31 $0.00 Total 1874 1872 Stoneybrook West Community Development District Non-Ad Valorem Assessments Comparison 2026 - 2027 Annual Maintenance Assessments Annual Debt Assessments Total Assessed Per Unit Page 10 (954) 620-0908 l reserveadvisors.com Property Wellness Reserve Study Program Proposal Level II Reserve Study Stoneybrook West Community Development District Winter Garden, Florida Kejsi Shuaipi, Account Manager (954) 620-0908 kejsi.shuaipi@reserveadvisors.com 1 (954) 620-0908 l reserveadvisors.com Reserve Advisors Your Property Wellness Consultants Our Property Wellness Reserve Study Program Your home is the most expensive personal property you will ever own. The responsibility for preserving its value reaches beyond your home to include the spaces you share with your neighbors. Structures, systems, streets and amenities must be maintained to protect the value of your investment. But the required responsibility often stretches beyond individual knowledge and expertise. That’s why associations turn to Reserve Advisors. As your property wellness consultants, our reserve study helps associations understand their assets, expected lifespans, and both the budgets and maintenance needed to keep them in great working order. 2 (954) 620-0908 l reserveadvisors.com A Proactive Property Wellness Program Our engineers provide a thorough evaluation of your property and shared assets, and create a strong, informed plan to maximize your community’s physical and financial wellness for the long haul. Because proactive care ensures that your shared property is cared for the way you would care for your home. We have been helping communities thrive for over 30 years. But the job we are obsessed with is making sure you and your neighbors have what you need to protect your property today and prevent costly and avoidable repairs tomorrow. It is the best way to care for the place that makes you feel welcome, safe, secure and proud. 3 (954) 620-0908 l reserveadvisors.com Helping Communities Thrive for Over 30 Years With a team of 60+ engineers whose engineering backgrounds include civil, structural, mechanical, and more, we have over 350 years of combined experience conducting reserve studies for common interest realty associations nationwide. Our service area is one of the largest in the industry, and we pride ourselves on delivering unbiased recommendations that give communities the plans they need to ensure the future well-being of the property. Industry Leadership We were instrumental in pioneering the Community Association Institute's (CAI) Reserve Study Standards, and were influential in revising these standards in 2023 through our participation in an industry task force. This diverse group included reserve specialists, professional managers, community board members, attorneys, and accountants. Additionally, we continue to shape best practices in the field through active involvement with the Foundation for Community Association Research (FCAR), including chairing the Reserve Study Best Practices Report. As a national member of CAI, we are actively involved in over 30 chapters nationwide, regularly supporting the organization's members through structured education, speaking engagements, and publications for managers and board members. Our leadership team members, Michelle Baldry and Matt Kuisle, are board members of FCAR and CAI, respectively. In addition to complying with legislative requirements specific to reserve studies, we are compliant with and/or accredited by: • Association of Professional Reserve Analysts (APRA) • Community Associations Institute (CAI) • American Institute of Certified Public Accountants (AICPA) 4 (954) 620-0908 l reserveadvisors.com Your Trusted Neighborhood Partner Hear What Our Clients Say "This is our second reserve study (update) with Reserve Advisors. They are professional and very thorough. They helped the Association get on track with reserves and to develop a plan that covers the state mandated SIRS with realistic costs. We plan to continue to use them in future studies." Lisa Duritsch, Board President The Beacon on 3rd Street Condominium Association, Inc. "I greatly appreciated Reserve Advisors' level of engagement with our HOA officers throughout the entire process from our initial meeting, through their site visit and the publication of our study. Fred was very thorough and detailed and he addressed all our concerns and issues as well as presented solid, realistic, and executable recommendations." James Holland, Vice President & Treasurer Fallstone of Alexandria Homeowners Association 5 (954) 620-0908 l reserveadvisors.com Level II Reserve Study Update With Site-Visit With historical knowledge of your property, we are proposing a Level II Reserve Study Update with Site Visit. The process closely aligns with the comprehensive Level I Reserve Study previously conducted. We reassess and verify the component inventory and quantities. Moreover, our dedicated reserve specialist will conduct a thorough visual inspection, evaluate the rate of deterioration between studies and re-evaluate the remaining useful lives of every component, considering the current conditions and projected replacement costs in the prevailing economic climate. This is the most economical approach to ensuring your community’s reserve funding outlook remains aligned with the financial demands of preserving its common property. 6 (954) 620-0908 l reserveadvisors.com Property Wellness Reserve Study Program Reserve Advisors will perform a Level II Reserve Study in accordance with Community Associations Institute (CAI) National Reserve Study Standards. Your reserve study is comprised of the following: Physical Analysis: If applicable, the reserve study consultant will update the list of reserve components to reflect any changes to the property since the previous reserve study. We will conduct a new condition assessment or physical evaluation for each reserve component and the current condition of each will be documented with photographs. We will update life and valuation estimates to determine estimated useful lives, remaining useful lives and current cost of repair or replacement. Financial Analysis: The reserve study consultant will identify the current reserve fund status in terms of cash value and prepare a customized funding plan. The funding plan outlines recommended annual reserve contributions to offset the future cost of capital projects over the next 30 years. Property Description Stoneybrook West Community Development District comprises 1,874 homes. The component inventory will reflect the latest reserve study conducted by Reserve Advisors. Before commencing the study, our engineer will review the component list with you to ensure the inclusion of any recently added items. You can find the list of reserve components in section 3 of the reserve study linked here. Scope of work includes all property owned-in-common as defined in your association’s declaration and other property specifically identified that you’d like us to include. 7 (954) 620-0908 l reserveadvisors.com Key Elements of Your Property Wellness Reserve Study Program Reserve Advisors' Exclusive Tools Reserve Advisors’ exclusive tools allow you to make informed decisions to maintain your association’s longterm physical and financial health. Reserve Expenditures View your community’s entire schedule of prioritized expenditures for the next 30 years on one easy-to-read spreadsheet. ---------------------------------------------------------------------------------------------------------------------------------------------- Funding Plan Establishes the most stable and equitable recommended annual reserve contributions necessary to meet your future project needs. ---------------------------------------------------------------------------------------------------------------------------------------------- Reserve Funding Graph Highlights your community’s current financial health and provides visibility to your projected cash flow over the next 30 years. ---------------------------------------------------------------------------------------------------------------------------------------------- Component Specific Details Including photographic documentation of conditions, project specific best practices outlining the scope of future projects, and preventative maintenance activities to maximize component useful lives. ---------------------------------------------------------------------------------------------------------------------------------------------- Excel Spreadsheets Empowering you to make more informed decisions by adjusting project schedules, future costs, and annual contributions in real time. 8 (954) 620-0908 l reserveadvisors.com For Confidence in All Decisions Personalized Experience Guarantee As your trusted advisor, we are committed to providing clarity on the true cost of property ownership through a comprehensive capital planning solution and unmatched advisory services. If the experience we provide fails to live up to your expectations, contact us at any time for a refund. Your property is your biggest investment. Here’s why we’re the right partner to protect it. Full Engagement It’s our job to understand your specific concerns and to discuss your priorities in order to ensure your experience exceeds expectations. Detailed Understanding We will do whatever it takes to ensure you have complete confidence in interpreting and putting into practice our findings and recommendations. Ongoing Support Unlike other firms, we provide current and future boards with additional insight, availability to answer questions and guidance well beyond report delivery. 9 (954) 620-0908 l reserveadvisors.com The Time to Protect Your Property's Long-Term Health is Now To Start Your Property Wellness Reserve Study Program Today: 1. Select the service options below to confirm scope of engagement Service Price Reserve Study Update With Site Visit (Level II) $3,900.00 Your Reserve Study Includes: • Pre-project Collaboration: Meeting with management and the board on community priorities and goals. • Unlimited Virtual Support: Free Study Presentation after report delivery. Available for the lifetime of your community. • Excel Financial Management Tool: Fully editable spreadsheet to run scenarios & track actual expenditures. • Preventative Maintenance Guidance: Clear maintenance schedules and practical steps your team can implement right away. • Revision Period: One complimentary update within 6 months of delivery. • Dedicated Expertise: Your community is supported by a full-time Reserve Advisors engineer, backed by our quality assurance team to ensure accuracy and peace of mind. We will collaborate with you to deliver an updated reserve study that provides a fresh, independent evaluation of the District’s major infrastructure components. With the District in the process of taking over ownership of all stormwater piping, an obligation that did not previously exist, it’s important to update the component inventory, project timing, and long-term replacement cost projections to reflect this expanded responsibility. By incorporating these changes into the reserve funding plan, we can provide the Board with clear, reliable projections and a strong framework for confident long-term capital planning. Total $3,900.00 ---------------------------------------------------------------------------------------------------------------------------------------------- 2. Sign below Signature: __________________________ Name: __________________________ For: Stoneybrook West Community Development District Title: __________________________ Date: __________________________ Ref: 211056 ---------------------------------------------------------------------------------------------------------------------------------------------- 3. Pay 50% retainer. An invoice will be emailed to you upon project authorization. Mailing Address Reserve Advisors, LLC PO Box 88955 Milwaukee, WI 53288-8926 ACH Send Remittances to 'accounting@reserveadvisors.com' at time of payment Checking Account Number: 151391168 Routing Number: 075905787 Financial Institution: First Business Bank 17335 Golf Parkway, Suite 150 | Brookfield, WI 53045 You will receive your electronic report approximately four (4) weeks after our inspection, based on timely receipt of all necessary information from you. Authorization to inspection time varies depending on demand for our services. This proposal, dated 3/4/2026, is valid for 90 days, and may be executed and delivered by facsimile, portable document format (.pdf) or other electronic signature pages, and in any number of counterparts, which taken together shall be deemed one and the same instrument. One complimentary hard copy report is available upon request. 10 (954) 620-0908 l reserveadvisors.com Professional Service Conditions Our Services - Reserve Advisors, LLC (“RA”) performs its services as an independent contractor in accordance with our professional practice standards and its compensation is not contingent upon our conclusions. The purpose of our reserve study is to provide a budget planning tool that identifies the current status of the reserve fund, and an opinion recommending an annual funding plan, to create reserves for anticipated future replacement expenditures of the subject property. The purpose of our energy benchmarking services is to track, collect and summarize the subject property’s energy consumption over time for your use in comparison with other buildings of similar size and establishing a performance baseline for your planning of long-term energy efficiency goals. The purpose of our Milestone Phase I is to evaluate the structural integrity of the building on the subject property and provide an inspection report summarizing our findings related to structural issues, or lack thereof. The purpose of our Insurance Appraisal is to identify the reconstruction cost value to ensure appropriate property insurance coverage. In each case, our inspection and analysis of the subject property is limited to visual observations, is noninvasive and is not meant to nor does it include investigation into statutory, regulatory or code compliance. RA inspects sloped roofs from the ground and inspects flat roofs where safe access (stairs or ladder permanently attached to the structure) is available. Our energy benchmarking services with respect to the subject property is limited to collecting energy and utility data and summarizing such data in the form of an Energy Star Portfolio Manager Report or any other similar report, and hereby expressly excludes any recommendations with respect to the results of such energy benchmarking services or the accuracy of the energy information obtained from utility companies and other third-party sources with respect to the subject property. Our Milestone Phase I inspections are limited to a visual examination of habitable and uninhabitable areas of the building, including the primary structural members and systems. The inspection aims to determine the presence of substantial structural deterioration, and unsafe or dangerous conditions with the structure. The reserve report, Milestone Phase I report, and any energy benchmarking report (i.e., any Energy Star Portfolio Manager Report) (including any subsequent revisions thereto pursuant to the terms hereof, collectively, the “Report”) are based upon a “snapshot in time” at the moment of inspection. RA may note visible physical defects in the Report. The inspection is made by employees generally familiar with real estate and building construction. Except to the extent readily apparent to RA, RA cannot and shall not opine on the structural integrity of or other physical defects in the property under any circumstances. Without limitation to the foregoing, RA cannot and shall not opine on, nor is RA responsible for, the subject property’s conformity to specific governmental code requirements for fire, building, earthquake, occupancy or otherwise. RA is not responsible for conditions that have changed between the time of inspection and the issuance of the Report. RA does not provide any invasive testing whatsoever (including, without limitation, on any mechanical systems that provide energy to the property), nor can RA opine on any system components that are not easily accessible during the inspection. RA does not investigate, nor assume any responsibility for any existence or impact of any hazardous materials, such as asbestos, urea-formaldehyde foam insulation, other chemicals, toxic wastes, environmental mold or other potentially hazardous materials or structural defects that are latent or hidden defects which may or may not be present on or within the property. RA does not make any soil analysis or geological study as part of its services, nor does RA investigate vapor, water, oil, gas, coal, or other subsurface mineral and use rights or such hidden conditions, and RA assumes no responsibility for any such conditions. The Report may contain opinions of estimated replacement costs or deferred maintenance expenses and remaining useful lives, which are neither a guarantee of the actual costs or expenses of replacement or deferred maintenance nor a guarantee of remaining useful lives of any property element. RA assumes, without independent verification, the accuracy of all data provided to it. Except to the extent resulting from RA’s willful misconduct in connection with the performance of its obligations under this agreement, you agree to indemnify, defend, and hold RA and its affiliates, officers, managers, employees, agents, successors and assigns (each, an “RA Party”) harmless from and against (and promptly reimburse each RA Party for) any and all losses, claims, actions, demands, judgments, orders, damages, expenses or liabilities, including, without limitation, reasonable attorneys' fees, asserted against or to which any RA Party may become subject in connection with this engagement, including, without limitation, as a result of any false, misleading or incomplete information which RA relied upon that was supplied by you or others under your direction, or which may result from any improper use or reliance on the Report by you or third parties under your control or direction or to whom you provided the Report. NOTWITHSTANDING ANY OTHER PROVISION HEREIN TO THE CONTRARY, THE AGGREGATE LIABILITY (IF ANY) OF RA WITH RESPECT TO THIS AGREEMENT AND RA’S OBLIGATIONS HEREUNDER IS LIMITED TO THE AMOUNT OF THE FEES ACTUALLY RECEIVED BY RA FROM YOU FOR THE SERVICES AND REPORT PERFORMED BY RA UNDER THIS AGREEMENT, WHETHER ARISING IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY OR OTHERWISE. YOUR REMEDIES SET FORTH HEREIN ARE EXCLUSIVE AND ARE YOUR SOLE REMEDIES FOR ANY FAILURE OF RA TO COMPLY WITH ITS OBLIGATIONS HEREUNDER OR OTHERWISE. RA SHALL NOT BE LIABLE FOR ANY SPECIAL, INDIRECT, INCIDENTAL, CONSEQUENTIAL, PUNITIVE OR EXEMPLARY DAMAGES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, ANY LOST PROFITS AND LOST SAVINGS, LOSS OF USE OR INTERRUPTION OF BUSINESS, HOWEVER CAUSED, WHETHER ARISING IN CONTRACT, TORT (INCLUDING NEGLIGENCE), BREACH OF WARRANTY, STRICT LIABILITY OR OTHERWISE, EVEN IF RA HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT WILL RA BE LIABLE FOR THE COST OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES. RA DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES WHATSOEVER, EXPRESS OR IMPLIED OR OF ANY NATURE, WITH REGARD TO THE SERVICES AND THE REPORT, INCLUDING, WITHOUT LIMITATION, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. 11 (954) 620-0908 l reserveadvisors.com Professional Service Conditions - Continued Report - RA will complete the services in accordance with the Proposal. The Report represents a valid opinion of RA’s findings and recommendations with respect to the reserve study or Milestone Phase I, as applicable, and is deemed complete. RA will consider any additional information made available to RA within 6 months of issuing the Report and issue a revised Report based on such additional information if a timely request for a revised Report is made by you. RA retains the right to withhold a revised Report if payment for services was not tendered in a timely manner. All information received by RA and all files, work papers or documents developed by RA during the course of the engagement shall remain the property of RA and may be used for whatever purpose it sees fit. RA reserves the right to, and you acknowledge and agree that RA may, use any data provided by you in connection with the services, or gathered as a result of providing such services, including in connection with creating and issuing any Report, in a de-identified and aggregated form for RA’s business purposes. Your Obligations - You agree to provide us access to the subject property for an inspection. You agree to provide RA all available, historical and budgetary information, the governing documents, and other information that we request and deem necessary to complete the Report. Additionally, you agree to provide historical replacement schedules, utility bills and historical energy usage files that RA requests and deems necessary to complete the energy benchmarking services, and you agree to provide any utility release(s) reasonably requested by RA permitting RA to obtain any such data and/or information from any utility representative or other third party. You agree to pay actual attorneys’ fees and any other costs incurred to collect on any unpaid balance for RA’s services. Use of Our Report and Your Name - Use of the Report is limited to only the purpose stated herein. You acknowledge that RA is the exclusive owner of all intellectual property rights in and relating to the Report. You hereby acknowledge that any use or reliance by you on the Report for any unauthorized purpose is at your own risk and that you will be liable for the consequences of any unauthorized use or distribution of the Report. Use or possession of the Report by any unauthorized third party is prohibited. The Report in whole or in part is not and cannot be used as a design specification for design engineering purposes or as an appraisal. You may show the Report in its entirety to the following third parties: members of your organization (including your directors, officers, tenants and prospective purchasers), your accountants, attorneys, financial institutions and property managers who need to review the information contained herein, and any other third party who has a right to inspect the Report under applicable law including, but not limited, to any government entity or agency, or any utility companies. Without the written consent of RA, you shall not disclose the Report to any other third party. By engaging our services, you agree that the Report contains intellectual property developed (and owned solely) by RA and agree that you will not reproduce or distribute the Report to any party that conducts reserve studies without the written consent of RA. RA will include (and you hereby agree that RA may include) your name in our client lists. RA reserves the right to use (and you hereby agree that RA may use) property information to obtain estimates of replacement costs, useful life of property elements or otherwise as RA, in its sole discretion, deems appropriate. Payment Terms, Due Dates and Interest Charges - The retainer payment for any reserve study, Milestone Phase I inspection, and/or combined services is due upon execution of this agreement and prior to the inspection by RA, and any balance is due net 30 days from the Report shipment date. If only energy benchmarking services are performed by RA, then the retainer payment is due upon execution of this agreement and any balance is due net 30 days from the Report shipment date. In any case, any balance remaining 30 days after delivery of the Report shall accrue an interest charge of 1.5% per month. Unless this agreement is earlier terminated by RA in the event you breach or otherwise fail to comply with your obligations under this agreement, RA’s obligations under this agreement shall commence on the date you execute and deliver this agreement and terminate on the date that is 6 months from the date of delivery of the Report by RA. Notwithstanding anything herein to the contrary, each provision that by its context and nature should survive the expiration or early termination of this agreement shall so survive, including, without limitation, any provisions with respect to payment, intellectual property rights, limitations of liability and governing law. We reserve the right to limit or decline refunds in our sole discretion. Refunds vary based on the applicable facts and circumstances. Miscellaneous – Neither party shall be liable for any failures or delays in performance due to fire, flood, strike or other labor difficulty, act of God, act of any governmental authority, riot, embargo, fuel or energy shortage, pandemic, wrecks or delays in transportation, or due to any other cause beyond such party’s reasonable control; provided, however, that you shall not be relieved from your obligations to make any payment(s) to RA as and when due hereunder. In the event of a delay in performance due to any such cause, the time for completion or date of delivery will be extended by a period of time reasonably necessary to overcome the effect of such delay. You may not assign or otherwise transfer this agreement, in whole or in part, without the prior written consent of RA. RA may freely assign or otherwise transfer this agreement, in whole or in part, without your prior consent. This agreement shall be governed by the laws of the State of Wisconsin without regard to any principles of conflicts of law that would apply the laws of another jurisdiction. Any dispute with respect to this agreement shall be exclusively venued in Milwaukee County Circuit Court or in the United States District Court for the Eastern District of Wisconsin. Each party hereto agrees and hereby waives the right to a trial by jury in any action, proceeding or claim brought by or on behalf of the parties hereto with respect to any matter related to this agreement. 12 MEMORANDUM OF UNDERSTANDING RELATIVE TO MAINTENANCE, REPAIR AND REPLACEMENT OF STONEYBROOK WEST STORMWATER MANAGEMENT SYSTEM AND THE FUNDING OF THE COST THEREOF This Memorandum of Understanding ("MOU'') is entered into as of this _____day of _______________, 2026, by and between the following: Stoneybrook West Community Development District, a local unit of specialpurpose government established pursuant to Chapter 190, Florida Statutes, and located in Orange County, Florida, whose mailing address is 219 East Livingston Street, Orlando, Florida 32801 ("SWCDD"); and Westbrook at Stoneybrook West Homeowners Association, Inc., a Florida notfor- profit corporation whose mailing address is 6972 Lake Gloria Blvd., Orlando, Florida 32809 (“Westbrook HOA”); and Stone Creek Homeowners Association, Inc., a Florida not-for-profit corporation whose mailing address is 2180 W. S.R. 434, Suite 5000, Longwood, Florida 32779 (“Stone Creek HOA”); and Stoneybrook West Master Association, Inc., a Florida not-for-profit corporation whose mailing address is 6972 Lake Gloria Blvd., Orlando, Florida 32809 (the "Master Association"). RECITALS WHEREAS, SWCDD was created pursuant to Ordinance 99-60 of the City of Winter Garden, Florida for the purpose of financing. acquiring, constructing and maintaining public infrastructure improvements on certain of the lands located within Stoneybrook West; and WHEREAS, the Westbrook HOA, Stone Creek HOA and Master Association (sometimes collectively referred to as “Associations”) are the owners of certain private improvements and real property located within Stoneybrook West; and WHEREAS, the Master Association is the owner of the Stoneybrook West Golf Club, which owns a golf course and related private improvements and real property (the “Golf Course”) within Stoneybrook West; and WHEREAS, the stormwater management facilities within Stoneybrook West generally consist of roadway curbs, roadway gutters, stormwater management manholes and manhole covers, roadway inlets (including inlet grates and covers), underground inlet boxes, swales/berms on common areas owned by the Associations, swales/berms on property owned by the Districts, stormwater management pipes (including pipes from roadways to the Districts' ponds, pipes from manholes to the Districts' ponds, pipes connecting the Districts' ponds, and pipes connecting manholes), and stormwater management ponds (including associated outfalls and mitered end sections) (collectively, the "Stormwater Management System"); and WHEREAS, the operation and maintenance of the Stormwater Management System is included within the scope of the District’s Capital Improvement Plans, thereby allowing the Districts to operate and maintain components of the Stormwater Management System; and WHEREAS, that certain Declaration of Covenants, Conditions and Restrictions for Stoneybrook West, recorded in the Official Records of Orange County on August 9, 2000 in Book 6063, Page 2708, (“Master Declaration”) as amended from time to time, similarly provides for the ability of the Master Association to operate and maintain components of the Stormwater Management System; and WHEREAS, that certain Declaration of Covenants and Restrictions for Stone Creek recorded in the Official Records of Orange County on August 9, 2000 in Book 6063, Page 2541, as amended from time to time, similarly provides for the ability of the Stone Creek HOA to operate and maintain components of the Stormwater Management System; and WHEREAS, that certain Declaration of Covenants and Restrictions for Westbrook at Stoneybrook West, recorded in the Official Records of Orange County on September 5, 2007 in Book 9422, Page 3885, as amended from time to time, similarly provides for the ability of the Westbrook HOA to operate and maintain components of the Stormwater Management System; and WHEREAS, it is in the best interest of the residents of Stoneybrook West to clearly and logically delineate responsibilities between the Associations and the District for the maintenance, repair and/or replacement of the components of the Stormwater Management System and funding of the same, and to base such delineation on the most efficient approach for the community; and WHEREAS, the District and the Associations have determined that the division of responsibilities for the maintenance, repair and replacement of the components of the Stormwater Management System shall be as set forth in the attached Exhibit A, which is incorporated herein by this reference, and accordingly desire to enter into this MOU in order to set forth the Parties' rights, duties and obligations relative to same. NOW, THEREFORE, based upon good and valuable consideration and the mutual covenants of the parties to this Agreement (referred to as “Parties”), the receipt of which and sufficiency of which is hereby acknowledged the Parties agree as follows: 1. INCORPORATION OF RECITALS. The Recitals stated above are true and correct and are incorporated herein as a material part of this MOU. 2. DIVISION OF RESPONSIBILITY RELATIVE TO STONEYBROOK WEST STORMWATER MANAGEMENT SYSTEM. A. ASSOCIATIONS. As the Associations are responsible for the maintenance, repair and replacement of the lands that they own within Stoneybrook West, including private roadways and common areas, the Associations shall be responsible for the routine repair and/or maintenance, and the extraordinary repair and/or replacement of those components of the Stormwater Management System identified on the attached Exhibit A as "Association" (hereinafter, the "Association Components"). The Associations shall annually budget and collect assessments for the routine repair and/or maintenance, and the extraordinary repair and/or replacement of their respective Association Components. The funds budgeted for the extraordinary repair and/or replacement of the Association Components shall only be expended for the extraordinary repair and/or replacement of such improvements. B. SWCDD. As SWCDD is responsible for the maintenance, repair and replacement of the lands that it owns within Stoneybrook West, including certain of the stormwater management ponds, SWCDD shall be responsible for the routine repair and/or maintenance, and the extraordinary repair and/or replacement of those components of the Stormwater Management System identified on the attached Exhibit A as “CDD" that are located within its boundary (hereinafter, the "SWCDD Components," the "District Components"). SWCDD shall annually budget and collect assessments for the routine repair and/or maintenance, and the extraordinary repair and/or replacement of the SWCDD Components. The funds budgeted for the extraordinary repair and/or replacement of the SWCDD Components shall only be expended for the extraordinary repair and/or replacement of such improvements. C. POND BANKS. Section 7.2 of the Master Declaration provides that: D. PIPE MAINTENANCE/ DRAINAGE INLETS/ PAVEMENT. Exhibit A provides a breakdown of relative responsibilities of the Parties concerning various components of the Stormwater Management System. This paragraph provides further clarification of those responsibilities. The Parties agree that the responsibility for maintenance and repair of the Stormwater inlets that are located adjacent to the roadway curb and gutter systems will generally travel with the ownership of the road in question. In other words, roadways owned by one of the associations will obligate the association which owns the road to maintain and repair that stormwater inlets on those roads. However, the District will be responsible for the maintenance and repair of stormwater pipes within the District boundaries, including those pipes that are located under roadways or within property not owned by the District. Each point at which a pipe connects to a stormwater inlet will constitute the dividing line of responsibility between the association and the District. An exception to this general rule likely exists in the Stone Creek development. The roads in Stone Creek have been dedicated to the City of Winter Garden, so the Stone Creek HOA shall not have maintenance or repair responsibilities for the inlets located on those streets. The City of Winter Garden has adopted certain standards for maintenance of stormwater systems within the City, and the District and City of Winter Garden shall share the maintenance and repair responsibilities for those inlets as they determine between themselves. “Each Owner also shall be responsible for the normal and day to day maintenance of any land areas which lie adjacent to and outside of such Owner's Lot, Tract or Parcel to the water's edge of an abutting lake, pond or other body of water. Further, the Owner of the Club Property shall be responsible for, and shall have the full right and authority for, the normal and day to day maintenance of any land areas which lie adjacent to and outside of the Club Property to the water's edge of an abutting lake, pond or other body of water.” The SWCDD and Associations acknowledge that maintenance of the banks of such lakes, ponds or water bodies shall be maintained as required by the Master Declaration. To provide additional clarity on the responsibility for Pond Banks under the Master Declaration, the owner of the Golf Course will provide for routine and cosmetic maintenance of the banks of stormwater ponds located within the golf course property to include mowing and trimming of grass and weeds. The golf course owner will not plant or remove any plant material along the sloped area of the pond edge without the specific consent of the CDD. Areas where ponds within the Golf Course have been improved with a bulkhead of stone or wood will be the responsibility of the Golf Course owner to maintain and keep in a safe condition. E. DEFINITION OF MAINTENANCE STANDARDS. District has previously engaged its District Engineer to prepare that certain “Stoneybrook West Master Stormwater Management System Operation and Maintenance Manual” by Donald W. McIntosh Associates, Inc., dated January, 2010 (the “Maintenance Manual”). The Maintenance Manual identifies the components of the Stormwater Management System and, in Part 2, sets forth a recommended maintenance protocol. All of the Parties to this Agreement hereby adopt and agree to adhere to the Maintenance Manual for those responsibilities that are assigned to them by this Agreement. A copy of the Maintenance Manual and the accompanying maps may be obtained from District’s District Manager. In the event that a repair involving a Stormwater Component also involves damage to and repair of road surfaces as a result of the repair, the party which is responsible for the Stormwater Component will also bear responsibility for the associated road repair. 3. DISTRICT’S RIGHT TO REPAIR ASSOCIATION COMPONENTS. Notwithstanding the foregoing, and in order to ensure the preservation of the Stormwater Management System in the event that the Association shall fail to properly maintain, repair and/or replace any or all of the Association Components, the District shall have the right, but not the obligation, to conduct such maintenance, repair and/or replacement and to charge the Association for the costs of same. Unless the maintenance, repair or replacement involved constitutes an emergency, District will provide ten (10) days' notice in writing to the responsible Association describing the situation and the requested action. 4. ASSOCIATIONS’ RIGHT TO REPAIR DISTRICT COMPONENTS. Notwithstanding the foregoing, and in order to ensure the preservation of the Stormwater Management System in the event that District shall fail to properly maintain, repair and/or replace any or all of the District Components, the Association where the component is located shall have the right, but not the obligation, to conduct such maintenance, repair and/or replacement and to charge the District for the costs of same. Unless the maintenance, repair or replacement involved constitutes an emergency, District will provide ten (10) days' notice in writing to the responsible Association describing the situation and the requested action. 5. NOTICE OF NON-COMPLIANCE OR TERMINATION. The Parties shall provide a minimum of eighteen (18) months' written notice of its anticipated non-compliance with any of the terms of this MOU, or of its intent to terminate the MOU, to each of the Parties hereto. 6. PUBLIC RECORDS. The Association understands and agrees that all documents of any kind provided to the District or to the District's staff in connection with the activities contemplated under this MOU are public records pursuant to Chapter 119, Florida Statutes, and are treated as such in accordance with Florida law. 7. ENFORCEMENT. In the event that a party is required to enforce this MOU by court proceedings or otherwise, the Parties agree that the substantially prevailing party shall be entitled to recover from the defaulting party all fees and costs incurred, including reasonable attorneys' fees, paralegal fees and expert witness fees, and costs for trial, alternative dispute resolution, or appellate proceedings. 8. COOPERATION. District and Associations acknowledge that their respective constituents ultimately bear the cost of the maintenance and repair activities that are required in connection with this Agreement and that the ultimate goal of this Agreement is to improve efficiency and control costs to those constituents. Accordingly, the Parties agree to cooperate in good faith in the resolution of any repair or maintenance function that is governed by this Agreement. Without limiting the generality of the foregoing statement, the Parties agree to meet and consult with one another in good faith in the performance of this Agreement where a dispute or misunderstanding exists between them and to seek resolution without resort to legal means where possible. Moreover, the Parties agree to provide access on their respective properties as may be necessary to carry out the terms of this Agreement, notwithstanding whether a formal easement exists for such access. 9. AUTHORIZATION. By execution below, the undersigned represent that they have been duly authorized by the appropriate body or official of their respective entity to execute this MOU, and that each party has complied with all the requirements of law and has full power and authority to comply with the terms and provisions of this instrument. 10. AMENDMENTS; ASSIGNMENT. Amendments to and waivers of the provisions contained in this MOU may be made only by an instrument in writing which is executed by all of the Parties hereto. None of the Parties may assign its rights, duties or obligations under this MOU without the prior written approval of the other Parties hereto. Any purported assignment without said written authorization shall be void. 11. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this MOU shall not affect the validity or enforceability of the remaining portions of this MOU, or any part of this MOU not held to be invalid or unenforceable. 12. EXECUTION IN COUNTERPARTS. This MOU may be executed in any number of counterparts, each of which when executed and delivered shall be an original; however, all such counterparts together shall constitute but one and the same instrument Signature and acknowledgment pages. if any, may be detached from the counterparts and attached to a single copy of this document to physically form one document. 13. FINAL AGREEMENT. This instrument shall constitute the final and complete expression between SWCDD and the Associations relating to the subject matter of this MOU. [SIGNATURES ON NEXT PAGE] IN WITNESS WHEREOF, the Parties execute this agreement the day and year first written above. Attest: STONEYBROOK WEST COMMUNITY DEVELOPMENT DISTRICT ______________________________ ___________________________________ Secretary Chairman, Board of Supervisors WESTBROOK AT STONEYBROOK WEST HOMEOWNERS ASSOCIATION, INC. ______________________________ By:_________________________________ (Signature of Witness) Its:__________________________________ ______________________________ (Print Name of Witness) STONE CREEK HOMEOWNERS ASSOCIATION, INC. ______________________________ By:_________________________________ (Signature of Witness) Its:__________________________________ ______________________________ (Print Name of Witness) STONEYBROOK WEST MASTER ASSOCIATION, INC. ______________________________ By:_________________________________ (Signature of Witness) Its:__________________________________ ______________________________ (Print Name of Witness) Exhibit A Designation of Responsibilities Relative to Stormwater Management System Facility Maintenance Repair Replacement/ Reconstruction Roadway Curbs Association/WG Association/WG Association/WG Roadwav Gutters Association/WG Association/WG Association/WG Manhole Cover for Sanitary Sewer Purposes Association/WG Association/WG Association/WG Manhole and Manhole Cover (but not including those which are part of Roadway Inlets) for Stormwater Management Purposes CDD• CDD• CDD• Roadway Inlets, Including Associated Manholes, Grates and Inlet Covers Association Association Association Under2-foot Round Inlet Boxes CDD CDD CDD Swales/Berms on Association Common Areas Association Association Association Swales/Berms on Property Owned bv CDD CDD CDD CDD Stormwater Management Pipes Including Pipes from Roadways to CDD Ponds, Pipes from Manholes to Ponds, Pipes Connecting CDD Owned Ponds, and Ponds Connection to Manholes; Pipes Connectiong street inlets. CDD CDD CDD Ponds Owned by CDD, Including Associated Pond Outfalls and Pond Mitered End Sections CDD CDD CDD *The Association (Winter Garden in Stone Creek) will repair any damage to stormwater management manhole covers caused by vehicles/use/repair of roadway. NOTE: Roadways in Stone Creek are dedicated to and maintained by City of Winter Garden Key: Association CDD Stoneybrook West CDD WG City of Winter Garden Stoneybrook West Community Development District Unaudited Financial Reporting April 30, 2026 A picture containing text Description automatically generated 1 2-3 45 6-7 89 Assessment Receipt Schedule Month to Month Long Term Debt Report Table of Contents Balance Sheet General Fund Debt Service Fund Series 2018 Capital Reserve Fund General Debt Service Capital Reserve Totals Fund Fund Fund Governmental Funds CMDIAnasuoSOvsseneehpe RRRRrsef:etriteeeeyseromssvv :asMmeeeete 2rrinnan nvvG0uurtgee1kesee :n8eAFF FFteuuc uurAcnnnnaocddldduc F(( on((AAuuAAt-- nn---21 d12tT)) ))-r uSuisrtplus $ 71 61 14 ,, 56 11 70 ----- $ 14 16191 23108 ,,,,, 92432 - 53658 70553 - $ 3 4 1 , 4 - 5 9 ----- $ 1 , 114 1 01619112231084,,,,,,,992432675365816705530 Total Assets $ 876,126 $ 696,291 $ 341,459 $ 1,913,876 Liabilities: ADcuceo tuon Dtse Pbat ySaebrvleice $ 1 68 ,,628813 $ - - $ - - $ 1 68,,628813 Total Liabilites $ 24,964 $ - $ - $ 24,964 URAFuesnCRDROssnaaeeitpesdgrpssbesin eeicirtBtegrr ataSavvedntlelidee eRanfr do--vfnge oriPE scc:Rre omee:ern:sevderesgr Fveuensncdy $ 61 2722 0775 ,,,, 4637 - 3047 7069 - $ 6 9 6 , 2 9 1 ----- $ 3 4 1 , 4 - 5 9 ---- $ 63 16 247229017756,,,,,,446327350479790619 Total Fund Balances $ 851,162 $ 696,291 $ 341,459 $ 1,888,912 Total Liabilities & Fund Balance $ 876,126 $ 696,291 $ 341,459 $ 1,913,876 Stoneybrook West Community Development District Combined Balance Sheet April 30, 2026 Page 1 Community Development District General Fund Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending April 30, 2026 Adopted Budget PTrhorrua t0e4d/ B3u0d/2ge6t ThruA 0c4tu/a3l0/26 Variance Revenues: I Snpteecrieasl tA Isnsceosmsmeents - Tax Roll $ 4 1944,,070504 $ 4 9 84,,176574 $ 4 1534,,480369 $ ( 3 95,,921450) Total Revenues $ 5 08,754 $ 5 02,921 $ 4 68,246 $ (34,675) Expenditures: General & Administrative: SAPEMATAWPIPLIOOPDnnueRorrnrstnftuasfetfiohugpssg-noenionubepFatesceisrutraransstelrIerm,ina ae ggCisn e vArLCtSnleemeeAteaige iduusAyy cm crt F&veo&Mperi eiuTeonneerr pn dGDaeenaB nrgtlFsiis tneixe titAneeTein neltsFstseid edsievCe esnm&cirenhenhga raisaSnglnyn ruLoigcsbileeoatsrsbgcaryitliiipotytnions $ 142 50503731711125 ,,,,,,,,,,,,,, 003450693220482721008050800320053057003860600680041005 $ 21 1535373711 ,,,,,,,,,, 61864479172580431 02350100722818007 02388740518372815 - $ 21 131557361 ,,,,,,,,, 1669147975801 20581000253087 2080784101429205 - - $ ( 131 ( ,,, 78 165843 05775100 (( 00031442701 -------)))) Total General & Administrative $ 1 17,306 $ 74,132 $ 68,862 $ 5,270 Stoneybrook West Page 2 Community Development District General Fund Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending April 30, 2026 Adopted Budget PTrhorrua t0e4d/ B3u0d/2ge6t ThruA 0c4tu/a3l0/26 Variance Stoneybrook West Operations & Maintenance Field Expenditures FFLLLFIPGUSMCntoiaaaoeaeteiosinknspuunsllurticedddinnemt rt C ssrytt-aaaMaa accwo lnCn- iaailnaO nnd ocaEppMnte nu tleer--Wea eat toP CRrgli--cileanr noet&OCDotyrgmtnloMitpreeacthanenennreitnraacdnrrtctnyaaytccgete Maintenance $ 13561116 645945503290 ,,,,,,,,,,,, 220005900160020060090028003000006005040 $ 2331 92122825721 ,,,,,,,,,,, 475192998600 680010913518 350078673606 - $ 233 2197242725 ,,,,,,,,,, 754735102900 806567000419 503566055009 - $ ( 2135 ( ,,,, 445 0629 5258288 ( 30108847 -----))) Total Field Expenditures $ 2 94,788 $ 1 37,471 $ 1 25,804 $ 11,667 Total Expenditures $ 4 12,094 $ 2 11,603 $ 1 94,666 $ 16,937 Excess (Deficiency) of Revenues over Expenditures $ 96,661 $ 291,318 $ 273,580 $ (17,738) Other Financing Sources/(Uses): PEomnedr gReensceyr vRee Fseurnvdei nFgu n- dTirnagn -s fTerra Onusfter Out $ ((8255,,050000)) $ ((8255,,050000)) ((8255,,050000)) $ -- Total Other Financing Sources/(Uses) $ (110,500) $ (110,500) $ (110,500) $ - Net Change in Fund Balance $ (13,839) $ 1 80,818 $ 1 63,080 $ (17,738) Fund Balance - Beginning $ 13,839 $ 688,082 Fund Balance - Ending $ - $ 620,437 Page 3 Stoneybrook West Community Development District Debt Service Fund Series 2018 A-1 & A-2 Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending April 30, 2026 Adopted Budget PTrhorrua t0e4d/ B3u0d/2ge6 ThruA 0c4tu/a3l0/26 Variance Revenues: I Snpteecrieasl tA Isnsceosmsmeents - Tax Roll $ 4 9 57,,060808 $ 4 9 72,,698187 $ 4 5 76,,513560 $ ( 4 03,,125323) Total Revenues $ 5 02,688 $ 5 00,605 $ 4 63,686 $ (36,918) Expenditures: PPIInnrrttiieennrrcceeiippssttaa llAA AA1221 -- --11 5511////1111 && 55//11 $ 3 53193658,,,,006200820080 $ 4 79 ,, 81 41 40 -- $ 4 97 ,, 18 14 04 -- $ ---- Total Expenditures $ 5 02,909 $ 56,954 $ 56,954 $ - Excess (Deficiency) of Revenues over Expenditures $ (221) $ 443,650 $ 406,732 $ (36,918) Net Change in Fund Balance $ (221) $ 4 43,650 $ 4 06,732 $ (36,918) Fund Balance - Beginning $ 150,848 $ 289,559 Fund Balance - Ending $ 150,627 $ 696,291 Page 4 Stoneybrook West Community Development District Capital Reserve Fund Statement of Revenues, Expenditures, and Changes in Fund Balance For The Period Ending April 30, 2026 Adopted Budget PTrhorrua t0e4d/ B3u0d/2ge6t ThruA 0c4tu/a3l0/26 Variance Revenues Interest Income $ 4,500 $ 2,625 $ 4,652 $ 2,027 Total Revenues $ 4,500 $ 2,625 $ 4,652 $ 2,027 Expenditures: Bank Charges $ 600 $ 350 $ 350 $ - Total Expenditures $ 600 $ 350 $ 350 $ - Excess (Deficiency) of Revenues over Expenditures $ 3,900 $ 2,275 $ 4,302 $ 2,027 Other Financing Sources/(Uses) PEomnedr gReensceyr vRee Fseurnvdei nFgu n- dTirnagn -s fTerra Innsfer In $ 82 55,,050000 $ 82 55,,050000 $ 82 55,,050000 $ -- Total Other Financing Sources (Uses) $ 110,500 $ 110,500 $ 110,500 $ - Net Change in Fund Balance $ 114,400 $ 112,775 $ 114,802 $ 2,027 Fund Balance - Beginning $ 226,068 $ 226,657 Fund Balance - Ending $ 340,468 $ 341,459 Page 5 Stoneybrook West Community Development District Oct Nov Dec Jan Feb March April May June July Aug Sept Total Revenues: Special Interes tA Isnsceosmsmeents - Tax Roll $ 1 , 7 -83 $ 1 71,,265628 $ 7 14,,371516 $ 2 14,,885967 $ 2 9 19,,648016 $ 1 22,,450003 $ 2 26,,246639 $ - - $ - - $ - - $ - - $ - - $ 4 15 34,,480369 Total Revenues $ 1,783 $ 18,919 $ 76,067 $ 26,753 $ 301,087 $ 14,903 $ 28,732 $ - $ - $ - $ - $ - $ 468,246 Expenditures: General & Administrative: WATASLPIPMAEOIPODPnnueRonrrrnsttfuafsetfiouhgpssgn-oeninoubeaFptseceisurtarransstlerIer,min aaeg giCsne AvLrtCSlneemeeeAatgei iduuAs ymcy crt F&evMo&epire iuTeonneerr np dGDaenneBa rgtslFiis tenxei tiAtneTeien neltsFstdeise dseiev Cesn&mcrineehnhga rasiSagnlnyn ruLoicgsbileetaosrsbgcariytliiipotytnions $ 536 ,,, 4113951 - 0058157 831500405 -------- $ 735 ,,, 71813312 000658339 430150040 --------- $ 332 ,,, 9131131 - 00851033 03053030 --------- $ 3 , 13111 - 08953 30559 ------------ $ 35 ,, 31811 - 80553 03051 ------------ $ 31 ,, 3182131 80066553 03001505 ---------- $ 3 , 31511 - 80053 030571 ----------- $ - ----------------- $ - ----------------- $ - ----------------- $ - ----------------- $ - ----------------- $ 21 375315116 ,,,,,,,,, 9746671190851 30005022188057 2048801270129405 -- Total General & Administrative $ 16,685 $ 17,956 $ 10,113 $ 3,971 $ 9,618 $ 6,243 $ 4,275 $ - $ - $ - $ - $ - $ 68,862 Month to Month Page 6 Stoneybrook West Community Development District Oct Nov Dec Jan Feb March April May June July Aug Sept Total Month to Month Operations & Maintenance Field Expenditures LLIPSLMCFFUGFntaaaiooeaetieosiknnspuusnllurtceidddinnem trt Css rtyt-aaaM aaaccow lnCn- aaiilnaO dnn coaEppMnte nutleeWr--ae ea ttPo CRgr--ilcielnra n eot&OCDtoygrtmnloMtpieraetchnaneennreitnraadcnrrtcntyaaytccgete Maintenance $ 354211 ,,,,,, 259654372 572703509 565001208 ---- $ 354112 ,,,,,, 215304 580554 510211 ------- $ 354121 ,,,,,, 2395352 5620500 5650258 ------ $ 35411 ,,,,, 2153637 5805790 5102080 ------ $ 35411 ,,,,, 21530 58059 51024 -------- $ 35411 ,,,,, 215385 580596 510214 ------- $ 354112 ,,,,,, 215301627 580506700 510203050 ---- $ - ------------ $ - ------------ $ - ------------ $ - ------------ $ - ------------ $ 332 7197252242 ,,,,,,,,,, 754359007201 506674198000 503660095550 - Total Field Expenditures $ 20,707 $ 17,780 $ 19,111 $ 17,056 $ 15,381 $ 16,743 $ 19,026 $ - $ - $ - $ - $ - $ 125,804 Total Expenditures $ 37,392 $ 35,736 $ 29,224 $ 21,028 $ 24,999 $ 22,986 $ 23,301 $ - $ - $ - $ - $ - $ 194,666 Excess (Deficiency) of Revenues over Expen $ ( 35,609) $ ( 16,816) $ 46,843 $ 5,725 $ 276,088 $ (8,083) $ 5,431 $ - $ - $ - $ - $ - $ 273,580 Other Financing Sources/(Uses): EPmonedr gReensceyr vRee Fseurnvdei nFgu n- dTirnagn -s fTerra Onusfter Out $ - - $ - - $ - - $ - - $ - - $ - - $ (( 8255,,050000)) $ - - $ - - $ - - $ - - $ - - ((8255,,050000)) Total Other Financing Sources/Uses $ - $ - $ - $ - $ - $ - $ (110,500) $ - $ - $ - $ - $ - $ (110,500) Net Change in Fund Balance $ (35,609) $ (16,816) $ 46,843 $ 5,725 $ 276,088 $ ( 8,083) $ (105,069) $ - $ - $ - $ - $ - $ 163,080 Page 7 Stoneybrook West Community Development District Long Term Debt Report ILLLLLLBRRRMneeeeeeoeeeatsssssssssnetsssssseeeudr::::::rrre rsPPPPPPvvvis tOrrrrrreeetyiiiiii uRnnnnnnFFF Dtccccccuuuasaiiiiiitnnntppppppetadddeaaaaaa:n :llllllBRD dPPPPPPaeeiaaaaaanlqfayyyyyyigunnmmmmmm iicrteeeeeeeeionnnnnnmntttttt e------n 555555t//////111111//////222222012345 2$$5511%/2231,, .99o6/55f42 M77%0..322A545DS $((((((6$$$$$$22333333013459,,,,,,,000000000000000000000)))))) Current Bonds Outstanding $431,000 ILLLLLLBRRRMneeeeeeoeeeatsssssssssnetsssssseeeudr::::::rrre rsPPPPPPvvvis tOrrrrrreeetyiiiiii uRnnnnnnFFF Dtccccccuuuasaiiiiiitnnntppppppetadddeaaaaaa:n :llllllBRD dPPPPPPaeeiaaaaaanlqfayyyyyyigunnmmmmmm iicrteeeeeeeeionnnnnnmntttttt e------n 555555t//////111111//////222222012345 2$$5115%11/3111 .o,,5/44f6266 M%0553A..002D00S $((((((4$$$$$$,223333601248931567895,,,,,,,000000000000000000000)))))) Current Bonds Outstanding $2,759,000 Special Assessment Revenue Refunding Bonds Special Assessment Revenue Refunding Bonds Series 2018 A-1 Series 2018 A-2 Page 8 GNroest sA Asssesesssmsmeenntsts $$ 45 9246,,735344 $$ 5515,,813308 $$ 44 4754,,835187 $$ 1 , 90 9525,,474920 allocation in % 50% 5% 45% 100% Date Gross Amount Discount/ (Penalty) Commission Interest Net Receipts O&M Portion 2018 Debt Service A-1 2018 Debt Service A-2 Total 000001111111111122222334////////////011111112222002233355555////////////222222222222555555566666 $ 6 22255572 4552233589 ,,,,,,,,,,1602455666 -- 23456786911634557783 $ 2 122235 ,,,,,, 1299011110 -- 24478034881378112695 $ 2 , 28 ---------- 7905 $ 2 , 53 ----------6423 $ 6 22455720 21400223598 ,,,,,,,,,,, 536803567915233449064198233022566738 $ 2 21112239 1296114457 ,,,,,,,,,, 281443012584631579908630048895066796 $ 3 21122311 ,,,,,,,, 1271166943 286257048836254930278485 $ 2 21122316 1293002232 ,,,,,,,,,, 270812147868510346225591253375456756 $ 6 52245720 21403022958 ,,,,,,,,,,, 530656798315923443064198236322570638 TOTAL $ 950,658 $ 38,023 $ 3 ,165 $ 2,905 $ 912,376 $ 454,839 $ 47,648 $ 409,888 $ 912,376 90% Percent Collected $ 105,131 Balance Remaining to Collect Stoneybrook West COMMUNITY DEVELOPMENT DISTRICT Special Assessment Receipts - Orange County Fiscal Year 2026 ON ROLL ASSESSMENTS Page 9 2026 SPECIAL DISTRICTS QUALIFYING PROCEDURE Qualifying Period – Noon, Monday, June 8, 2026 – Noon, Friday, June12, 2026 (Dates are subject to change) Special District Candidates who WILL NOT incur election expenses or contributions will do the following: 1. Present the items listed below during the qualifying period • Form 1 – Statement of Financial Interest • Form DS-DE 302NP Candidate Oath – Nonpartisan Office • Notice of Intent Special District Candidate • Qualifying fee of $25.00 or • 25 valid petitions (deadline to submit candidate petitions is Noon, Monday, May 11, 2026) Special District Candidates who WILL incur election expenses or contributions must do the following: 1. File DS-DE9 Appointment of Campaign Treasurer/Designation of Campaign Depository (open campaign account). This must be completed prior to accepting campaign contributions and making campaign expenditures, (section 99.061(3), F.S.). 2. Read Chapter 106 of the Florida Statutes and submit a DS-DE84 Statement of Candidate. 3. File required campaign treasurer’s reports 4. Present qualifying documents during the qualifying period. • Form 1 – Statement of Financial Interest • Form DS-DE 302NP Candidate Oath – Nonpartisan Office • Notice of Intent Special District Candidate • Qualifying fee of $25.00 or • 25 valid petitions (deadline to submit candidate petitions is Noon, Monday, May 11, 2026) Candidates Paying the Qualifying Fee: All special district candidates, except a person certified to qualify by the petition method or seeking to qualify as a write-in candidate, must pay the qualifying fee of $25.00. The qualifying fee for a special district candidate is not required to be drawn upon the candidate’s campaign account. Candidates Qualifying by Petition Method: Special district candidates need 25 valid signatures of qualified electors within the district. There is a fee of 10 cents per petition to be paid to the Supervisor of Elections for the cost of verifying the signature. The fee must be paid at the time the petitions are submitted. The deadline for submitting candidate petitions is Noon, Monday, May 11, 2026. Special district candidates are not required to file Form DS-DE 9 prior to collecting signatures. See Section 99.061(3), Florida Statutes.