Davis Reserve Community Development District

Meeting Agenda November 5, 2025

-.  ·-�-

Davis Reserve
Community Development District

219 E. Livingston St., Orlando, Florida 32801 Phone: 407-841-5524 – Fax: 407-839-1526
October 29, 2025

Board of Supervisors
Davis Reserve Community Development District

Dear Board Members:

A Board of Supervisors Meeting of the Davis Reserve Community Development District will be held on Wednesday, November 5, 2025 at 1:00 PM at 2420 N Essex Avenue, Hernando, Florida 34442.

Call-In Information: (267) 930-4000
Participant Access Code: 202-733-711 Following is the advance agenda for the meeting:
Board of Supervisors Meeting

Roll Call
Public Comment Period (Public Comments will be limited to three (3) minutes each)
Approval of Minutes of the August 6, 2025 Board of Supervisors Meeting
Consideration of Resolution 2026-01 Adopting a Plan of Dissolution; Approving a Dissolution Agreement; Approving Forms of Petition and Notice of Dissolution; Providing Direction to District Staff and Addressing Funding
Ratification of Bill of Sale for Water and Wastewater Utilities
Staff Reports
Attorney
Engineer
District Manager’s Report
Approval of Check Register
Balance Sheet & Income Statement
Other Business
Supervisors Requests and Audience Comments
Adjournment

MINUTES

MINUTES OF MEETING DAVIS RESERVE
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Davis Reserve Community Development District was held Wednesday, August 6, 2025 at 1:00 p.m. at 2420 N Essex Avenue, Hernando, Florida.

Present and constituting a quorum:

Cyle Moses	Chairperson
Saundra Taylor	Vice Chairperson
Laura Lambert	Assistant Secretary
Tara Edwards	Assistant Secretary
Cheryl Wisser	Assistant Secretary Also present were:
Jill Burns	District Manager, GMS
Jennifer Kilinski by Zoom	District Counsel, Kilinski Van Wyk Pattrick Collins by Zoom	District Counsel, Kilinski Van Wyk
Ken Ward	District Engineer, Burrell Engineering
George Smith by Zoom	District Bond Counsel
Eric Able	Developer

FIRST ORDER OF BUSINESS	Roll Call
Ms. Burns called the meeting to order and called roll. All five Supervisors were present constituting a quorum.

SECOND ORDER OF BUSINESS	Public Comment Period
Ms. Burns opened the public comment period on agenda items. Hearing no comments, the next item followed.

THIRD ORDER OF BUSINESS	Approval of Minutes of the May 7, 2025
Landowners’ Meeting and the May 7, 2025 Board of Supervisors Meeting
Ms. Burns presented the minutes of the May 7, 2025 Landowners’ meeting and the May 7, 2025 Board of Supervisors meeting. She asked for any questions, comments, or corrections to the minutes. The Board had no changes to the minutes.

On MOTION by Mr. Moses seconded by Ms. Taylor, with all in favor, the Minutes of the May 7, 2025 Landowners’ Meeting and the May 7, 2025 Board of Supervisors meeting, were approved.

FOURTH ORDER OF BUSINESS	Consideration	of	Agreement	for
Continuing	Professional	Engineering Services
Ms. Burns presented the agreement for continuing professional engineering services with Burrell Engineering, Inc.

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, the Agreement for Continuing Professional Engineering Services with Burrell Engineering, Inc., was approved.

FIFTH ORDER OF BUSINESS	Presentation	and	Approval	of
Supplemental Assessment Methodology dated August 6, 2025
Ms. Burns presented the Supplemental Assessment Methodology dated August 6, 2025. She explained that the supplemental report is based on the bond sizing that they receive. She explained that this report allocates debt to the properties based on the benefit that each receives from the capital improvement plan. Ms. Burns reviewed tables included in the agenda package for review. Table 1 shows the development program. Table 2 shows their infrastructure cost estimates. Table 3 is an estimated bond sizing of $13,585,000. Table 4 allocates the benefit to each of those product types. Table 5 lists the par debt per unit, which would be $34,048 for each of those 399 lots. Table 6 shows the net and gross annual debt assessment per unit. Table 7 shows the preliminary assessment roll 102.41 acres with one landowner, Brentwood Farms, LLC.

2

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, the Supplemental Assessment Methodology dated August 6, 2025, was approved.

SIXTH ORDER OF BUSINESS	Consideration	of	Resolution	2025-38
Delegation Resolution (Series 2025 Bonds)
Mr. Smith presented Resolution 2025-38. He explained that it authorizes the District to issue revenue bonds. It also authorizes and negotiates over the underwriters if they meet certain parameters that are specified in the resolution. In addition to the Bond Purchase Agreement, it authorizes the forms of the preliminary limited offering memorandum and their continuing disclosure certificate that they need to enter in connection with the issuance of the bonds. He stated that the main item in the resolution is Section 5, the bond purchase contract, which he discussed. Discussion ensued; the Board decided to amend the Series 2025 bond amount from $16,000,000 to $23,000,000.

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, Resolution 2025-38 Delegation Resolution (Series 2025 Bonds), was approved as amended.

SEVENTH ORDER OF BUSINESS	Consideration of Series 2025 Ancillary
Documents
Acquisition Agreement
Ms. Kilinski stated the Acquisition Agreement outlines the responsibility for the District.

Completion Agreement
Ms. Kilinski stated the Completion Agreement essentially says that the District is going to issue bonds, bonds may not be enough to cover and fully fund the full amount of the District’s Capital Improvement Plan. To the extent that there are not funds available, then the developer agrees that the District will constructure the improvements to provide funds to complete it.

Collateral Assignment Agreement
Ms. Kilinski stated this agreement only goes into effect in the event of a default on payment of assessments to repay the bonds.

3

Declaration of Consent
Ms. Kilinski stated this declares the consent to the jurisdiction of the District in the imposition of special assessments and waives any right to contest the validity of the District imposition of assessments on the property.

True-Up Agreement
Ms. Kilinski stated when the District does issue bonds and levy assessments, it’s contemplating 399 units in order to fully absorb the assessments required to repay the bonds. She explained that in the event that there are less than 399 units, it recognizes there may be a true-up payment due so the District has the ability to repay the bonds. She further explained that if there is more than 399 units, it has a mechanism for reallocation of those assessments to all the benefiting parcels in the District’s boundary.

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, the Series 2025 Ancillary Documents, were approved in substantial form.

Consideration of Resolution 2025-39 Supplemental Delegated Assessment Resolution (Series 2025 Bonds)
Ms. Kilinski presented and discussed Resolution 2025-39. She stated this is a Supplemental Assessment Resolution with delegation of authority to staff and the Chair to levy the lien that actually will attach the repayment of bonds.

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, Resolution 2025-39 Supplemental Delegated Assessment Resolution (Series 2025 Bonds), was approved.

EIGHTH ORDER OF BUSINESS	Public Hearing
Public Hearing on the Adoption of the Fiscal Year 2024/2025 and Fiscal Year 2025/2026 Budgets
Ms. Burns asked for a motion to open the public hearing.

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, Opening the Public Hearing, was approved.

4

i. Consideration of Resolution 2025-40 Adopting the District’s Fiscal Year 2024/2025 and Fiscal Year 2025/2026 Budgets and Appropriating Funds
Ms. Burns presented Resolution 2025-40. She explained that for the current and upcoming year, 2025 and 2026, the budget will be developer funded.

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, Resolution 2025-40 Adopting the Districts Fiscal Year 2024/2025 and Fiscal Year 2025/2026 Budgets and Appropriating Funds, was approved.

Ms. Burns asked to close the public hearing.

On MOTION by Mr. Moses seconded by Ms. Taylor, with all in favor, Closing the Public Hearing, was approved.

NINTH ORDER OF BUSINESS	Consideration	of	Resolution	2025-41
Designation of a Regular Monthly Meeting Date, Time, and Location for Fiscal Year 2025/2026
Ms. Burns presented Resolution 2025-41. The Board decided to keep the monthly meeting date, time and location the same on the first Wednesday of the month at 1:00 p.m.

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, Resolution 2025-41 Designation of a Regular Monthly Meeting Date, Time, and Location for Fiscal Year 2025/2026, was approved.

TENTH ORDER OF BUSINESS	Goals and Objectives
Adoption of Fiscal Year 2026 Goals & Objectives
Ms. Burns stated the goals and objectives for 2026 are the same as they were for 2025. The Board agreed to keep the goals and objectives for 2026 the same as they were for Fiscal Year 2025.

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, Adopting the Fiscal Year 2026 Goals & Objectives, was approved.

5

Presentation of Fiscal Year 2025 Goals & Objectives and Authorizing Chair to Execute
Ms. Burns explained that they need authorization to have the Chair confirm they met all their goals and objectives and to sign off on the form at the end of the fiscal year, which is September 30th.

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, Accepting the Fiscal Year 2025 Goals & Objectives and Authorizing Chair to Execute, was approved.

ELEVENTH ORDER OF BUSINESS	Staff Reports
Attorney
Ms. Kilinski had nothing further to report to the Board.

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

District Manager’s Report
Approval of Check Register
Ms. Burns presented the check register for the month of June for $6,243.53. She offered to answer any questions.

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, the Check Register, was approved.

Balance Sheet & Income Statement
Ms. Burns noted financial statements were included in the agenda package for review.
These are for informational purposes only.

Consideration of Requisition #1
Ms. Burns stated they wanted to get approval of Requisition #1 to have it executed. Ms. Kilinski explained and recommended the Board approve up to $23,000,000 of expenditures as long as the Acquisition Agreement is met.

6

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, Requisition #1, was approved.

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

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

FOURTEENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Moses, seconded by Ms. Taylor, with all in favor, the meeting was adjourned.

Secretary/Assistant Secretary	Chairman/Vice Chairman

7

Section IV

RESOLUTION 2026-01

A RESOLUTION OF THE BOARD OF SUPERVISORS OF DAVIS RESERVE COMMUNITY DEVELOPMENT DISTRICT AUTHORIZING THE DISSOLUTION OF THE DISTRICT; ADOPTING A PLAN OF DISSOLUTION; APPROVING A DISSOLUTION AGREEMENT; APPROVING FORMS OF PETITION AND NOTICE OF DISSOLUTION; PROVIDING DIRECTION TO DISTRICT STAFF; ADDRESSING FUNDING; PROVIDING FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, Davis Reserve Community Development District (“District”) was established pursuant to Chapter 190 of the Florida Statutes by the Board of County Commissioners of Citrus County, Florida, Ordinance No. 2025-01, effective March 26, 2025 (“Establishment Ordinance”), for the purpose of financing, acquiring, constructing, operating, and maintaining public improvements; and

WHEREAS, since its establishment, the District has not undertaken any financing or construction activities, and the lands within the District will remain with the existing landowner, Brentwood Farms, LLC (“Landowner”), which has formally requested the District's dissolution; and

WHEREAS, Section 190.046(10), Florida Statutes, provides:

If a district has no outstanding financial obligations and no operating or maintenance responsibilities, upon the petition of the district, the district may be dissolved by a nonemergency ordinance of the general-purpose local governmental entity that established the district or, if the district was established by rule of the Florida Land and Water Adjudicatory Commission, the district may be dissolved by repeal of such rule of the commission.

WHEREAS, the District does not presently have any outstanding financial obligations, and does not have any operating or maintenance responsibilities, and does not presently own any real property or infrastructure improvements; and
WHEREAS, the District’s Board of Supervisors finds that it is in the best interest of the District and the Landowner, as the owner of 100% of the lands within the District, to dissolve the District in order to allow the Landowner to be released of the District overlay; and

WHEREAS, the District has prepared a Plan of Dissolution that provides for the orderly dissolution of the District and for the final dispensation of all records, accounts, and contracts; and

WHEREAS, the District’s Board of Supervisors desires that the County adopt an ordinance to provide for the dissolution of the District in accord with Section 190.046(10), Florida Statutes.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF DAVIS RESERVE COMMUNITY DEVELOPMENT DISTRICT:

APPROVAL OF PLAN OF DISSOLUTION. The District hereby approves the Plan of Dissolution attached hereto as Exhibit A.

DISSOLUTION AGREEMENT. The District hereby approves the Dissolution Agreement with the Landowner in substantially the form attached hereto as Exhibit B.

REQUEST FOR ACTION. The District hereby requests that, after transmission of this Resolution and related petition (in substantially the form attached hereto as Exhibit C) to Citrus County by the District Manager or District Counsel consistent with Section 4 below, the Establishment Ordinance be repealed, resulting in the dissolution of the District in accord with Section 190.046(10), Florida Statutes.

DIRECTION TO DISTRICT MANAGER AND DISTRICT COUNSEL. The
District Manager and District Counsel are hereby directed to take the appropriate actions to transmit this Resolution and related petition to Citrus County. Upon repeal of the Establishment Ordinance, the District Manager and District Counsel are further directed to proceed with the necessary steps as outlined in the Plan of Dissolution to effectuate an orderly dissolution of the District. Such steps include, but are not limited to, recording a Notice of Dissolution in the public records of Citrus County, Florida, in substantially the form attached hereto as Exhibit D, and causing the Landowner to execute the Consent to Dissolution in substantially the form attached hereto as Exhibit E.

GENERAL AUTHORIZATION. The District’s Chairperson, District Manager, District Counsel, Secretary, and Assistant Secretaries are hereby authorized, upon the adoption of this Resolution, to do all acts and things required of them to carry out the Plan of Dissolution, and all acts and things that may be desirable or consistent with the requirements or intent hereof. The Chair and Secretary are hereby further authorized to execute any and all documents necessary to effectuate the dissolution of the District. The Vice Chair shall be authorized to undertake any action herein authorized to be taken by the Chair, in the absence or unavailability of the Chair, and any Assistant Secretary shall be authorized to undertake any action herein authorized to be taken by the Secretary, in the absence or unavailability of the Secretary.

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.

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 5TH DAY OF NOVEMBER 2025.
[Attestation on following page.]

ATTEST:	BOARD OF SUPERVISORS OF DAVIS RESERVE COMMUNITY DEVELOPMENT DISTRICT

Assistant Secretary	Chairperson

Exhibit A:	Plan of Dissolution Exhibit B:	Dissolution Agreement Exhibit C:	Petition for Dissolution Exhibit D:	Notice of Dissolution Exhibit E:	Consent to Dissolution

EXHIBIT A

PLAN OF DISSOLUTION FOR
DAVIS RESERVE COMMUNITY DEVELOPMENT DISTRICT

PURPOSE; AUTHORITY. The purpose of this Plan of Dissolution is to provide a framework for the dissolution of the District, pursuant to the authority of Section 190.046(10), Florida Statutes. All capitalized terms not otherwise defined herein shall have the meaning ascribed to them in Resolution 2026-  .

DISSOLUTION AGREEMENT. The Dissolution Agreement provides for the funding of all expenses associated with the dissolution and shall expire and be void only upon (i) final payment of all financial obligations of the District, including but not limited to final payment to any third-party beneficiary for services relating to the dissolution of the District, (ii) written confirmation from the District Manager that all dissolution requirements have been satisfied, and
(iii) written confirmation from District Counsel that all legal requirements for dissolution have been met and no claims or liabilities remain outstanding. All other agreements, and other items not specifically identified herein shall expire and be void upon the termination of the District, including any and all rights and obligations of the District under such agreements and other items not otherwise previously assigned, transferred, or terminated.

ASSETS AND LIABILITIES. The District has no real property, infrastructure, or other assets and has no debt or maintenance responsibilities.

SERVICE CONTRACTS. The District currently has contracts with certain vendors, as outlined in Exhibit A. Using any funds on hand and/or provided under the Dissolution Agreement, the District shall pay all such vendors for any final remaining amounts under the agreements and terminate the same. The District does not own, operate, or maintain any real property or infrastructure improvements, and the District does not provide any community development district services to the owners of lands within the boundaries of the District. The District Manager and District Counsel shall be responsible for filing any final reports or other documents on behalf of the District required by law or for performing any and all other wrap-up activities on behalf of the District within thirty (30) days after the effective dissolution of the District.

FINANCES; AUDIT. The District has no outstanding financial obligations. Moreover, pursuant to the Dissolution Agreement, the Landowner has agreed, among other things, to pay all future expenses and costs associated with dissolution. Further, upon the dissolution of the District, the District Manager will close all accounts as appropriate.

OFFICIAL DISTRICT RECORDS. Upon the dissolution of the District, the District Manager shall transfer all official records of the District to the Florida Department of State.

OPERATION OF THIS PLAN OF DISSOLUTION. This Plan of Dissolution shall become effective upon adoption of a Resolution by the District’s Board of Supervisors approving this Plan of Dissolution. After the repeal of the Establishment Ordinance by Citrus

County, the District will be dissolved without any further action. After adoption of a Resolution by the District’s Board of Supervisors approving this Plan of Dissolution, and repeal of the Establishment Ordinance, the District Manager shall cause notice of repeal of the Establishment Ordinance to be transmitted to the Department of Commerce and shall further cause a Notice of Dissolution to be recorded in the Official Records of Citrus County, Florida.

Exhibit A
List of Outstanding Contracts and Amounts Owed as of 	, 2025

Agreement	Amount Outstanding	
Attorney Fees and Costs: District Counsel

Kilinski | Van Wyk PLLC		
Attorney Fees and Costs: Bond Counsel

George A. Smith PLLC		
District Management:
Governmental Management Services Central Florida, LLC – Fees and Expenses		
District Engineer:

Burrell Engineering, Inc.		

DISSOLUTION AGREEMENT

DAVIS RESERVE COMMUNITY DEVELOPMENT DISTRICT
c/o Governmental Management Services Central Florida, LLC 219 E. Livingston Street
Orlando, Florida 32801
(407) 841-5524

November 3, 2025

Via U.S. Mail and Email:
Brentwood Farms, LLC
c/o Stephen A. Tamposi, President 2476 North Essex Avenue Hernando, Florida 34442 tamposi@citrushills.com

RE:	Dissolution Agreement for Davis Reserve Community Development District

Dear Mr. Tamposi:

We are writing in connection with your request for dissolution (“Dissolution”) of Davis Reserve Community Development District (“District”) by the Board of County Commissioners of Citrus County, Florida. We have enclosed a copy of the District’s Resolution 2026-  authorizing the Dissolution and outlining a Plan of Dissolution. To facilitate the Dissolution, the District will require that Brentwood Farms, LLC (“Landowner”) pay any remaining outstanding fees and costs of the District, as outlined in the Plan of Dissolution, and pay all fees and costs in connection with the Dissolution, including but not limited to any fees and costs of the District Manager and District Counsel, within thirty (30) days of written request by the District Manager or District Counsel. The Landowner's obligation to pay such costs shall survive the dissolution of the District. The District Manager and District Counsel, as well as all other District contractors as outlined in the Plan of Dissolution, are third-party beneficiaries of this letter agreement.
If the Landowner is agreeable to the terms of this letter agreement, please sign below and return an executed copy of this letter to the address above. Thank you for your cooperation and attention to this matter.

Agreed to by:

BRENTWOOD FARMS, LLC

Sincerely,

DAVIS RESERVE COMMUNITY DEVELOPMENT DISTRICT

	

By: Stephen A. Tamposi
Its: President

By: Jill Burns
Its: District Manager

PETITION TO DISSOLVE DAVIS RESERVE COMMUNITY DEVELOPMENT DISTRICT

COMES NOW, Davis Reserve Community Development District (“Petitioner” or “District”), and hereby petitions the Board of County Commissioners of Citrus County, Florida (“Commission”), pursuant to Section 190.046(10), Florida Statutes, to dissolve the District. In support of this Petition, Petitioner states:

Reason for Request. The District is a local unit of special-purpose government established pursuant to and governed by Chapter 190, Florida Statutes. The District was established by Ordinance No. 2025-01 (“Ordinance”) of the Commission, effective March 26, 2025. A copy of the Ordinance is attached hereto as Exhibit 1. Encompassing approximately 102.41 acres, the District was established to plan, finance, construct, operate and maintain various public infrastructure and facilities. The developer for the project within the District and the original petitioner is Brentwood Farms, LLC. (“Landowner”). The Landowner has determined it is in the Landowner’s best interest to retain ownership of the lands within the District.

The Landowner has requested that the District be dissolved, so that the Landowner may implement a new plan of development involving the lands within the District. Toward that end, the Landowner is requesting that the County dissolve the District based on this petition.

Authority. Section 190.046(10), Florida Statutes, provides that:

“If a district has no outstanding financial obligations and no operating or maintenance responsibilities, upon the petition of the district, the district may be dissolved by a nonemergency ordinance of the general- purpose local governmental entity that established the district .  .  . ”

Statutory Criteria Satisfied. The following facts are established under the Affidavit of the District Manager attached hereto as Exhibit 2. Consistent with Section 190.046(10), Florida Statutes, the District does not presently have any outstanding financial obligations and does not have any operating or maintenance responsibilities. For example, the District does not presently own any real property or infrastructure improvements; and the District does not presently have any outstanding bonds, notes or other debt instruments. The District has not levied any debt service special assessments against the assessable real property located within the District, as no bonds have been issued and no debt has been incurred by the District. Moreover, any remaining expenses associated with this dissolution or the continued administrative operation of the District during the pendency of this dissolution are being funded under an agreement between the District and the Landowner. As such, all outstanding obligations have been paid.

Dissolution   Authorized;   Plan   of   Dissolution.   Accordingly,   on
	, the District’s Board of Supervisors, during a duly noticed public meeting, adopted Resolution 2026-  , which, among other things, authorized a Plan of Dissolution that allows for the orderly dissolution of the District, and which directed the District Manager and

District Counsel to submit Resolution 2026-   and this Petition to the Commission. As part of Resolution 2026-   the District’s Board of Supervisors found that it is in the best interest of the District and the Landowner, as the owner of 100% of the lands within the District, to dissolve the District in order to allow the Landowner to control development of its own property in a manner deemed in its best interests. Further, the District has complied with all conditions precedent of the Plan of Dissolution as evidenced by this Petition and the exhibits attached hereto. A copy of the Resolution 2026-   , which includes the Plan of Dissolution, is attached as Exhibit 3.

Official District Records. Upon repeal of the Establishment Ordinance, and pursuant to the Plan of Dissolution, the District will cause all official records of the District to be transferred to the Florida Secretary of State in accordance with Florida public records laws.

Notice of Dissolution. Upon repeal of the Establishment Ordinance, and pursuant to the Plan of Dissolution, the District will cause notice of repeal of the Establishment Ordinance to be transmitted to the Florida Department of Commerce and will further cause to be recorded in the Official Records of Citrus County, Florida, a Notice of Dissolution in the form attached to the Plan of Dissolution.

District’s Representative. Pursuant to Resolution 2026-   of the District, Kilinski | Van Wyk PLLC, as District Counsel, has been authorized to represent the District with respect to this Petition. Copies of all correspondence and official notices should be sent to:

Jennifer Kilinski, Esq. Patrick Collins, Esq. Kilinski | Van Wyk PLLC 517 E. College Avenue Tallahassee, FL 32301

WHEREFORE, because the District has no outstanding financial obligations and no operating or maintenance responsibilities and accordingly has met the requirements for dissolution as provided in Section 190.046(10), Florida Statutes, and for the other reasons herein stated, Petitioner respectfully requests the Board of County Commissioners of Citrus County, Florida, to:

grant the Petition, execute a non-emergency ordinance dissolving the District, and repeal the Establishment Ordinance pursuant to Section 190.046(10), Florida Statutes; and
grant such other relief as appropriate.

[Continues on following page.]

RESPECTFULLY SUBMITTED, this 	 day of 	, 2025.

KILINSKI | VAN WYK PLLC

/s/ Jennifer Kilinski	 Jennifer Kilinski, Esq.
Florida Bar No. 69367 Patrick Collins, Esq. Florida Bar No. 1038611 Kilinski | Van Wyk PLLC 517 E. College Avenue Tallahassee, Florida 32301
(877) 350-0372
Attorneys for Petitioner

Exhibit 1:	Establishment Ordinance Exhibit 2:	Affidavit of District Manager Exhibit 3:	Resolution 2026-	
Exhibit 4:	Landowner’s Consent to Dissolution

Establishment Ordinance
[See following page.]

Affidavit of District Manager
[See following page.]

Resolution 2026-	
[See following page.]

Landowner’s Consent to Dissolution
[See following page.]

AFFIDAVIT OF DISTRICT MANAGER

STATE OF FLORIDA		) COUNTY OF 	 )

BEFORE ME, the undersigned authority, this day personally appeared Jillian Burns, who by me first being duly sworn and deposed says:

I am over eighteen (18) years of age and am competent to testify as to the matters contained herein. I have personal knowledge of the matters stated herein. I, Jillian Burns, am employed by Governmental Management Services – Central Florida, LLC, and, in the course of that employment, serve as District Manager for Davis Reserve Community Development District.

I do hereby certify that I have reviewed Resolution 2026-  and the Plan of Dissolution attached thereto and all of the facts therein are true and correct. Consistent with Section 190.046(10), Florida Statutes, the District does not presently have any outstanding financial obligations and does not have any operating or maintenance responsibilities. Further, the District does not presently own any real property or infrastructure improvements; the District does not presently have any outstanding bonds, notes or other debt instruments; and the District does not presently have any debt service special assessments levied or outstanding against any real property located within the District. Moreover, any remaining expenses associated with this dissolution or the continued administrative operation of the District during the pendency of this dissolution are funded under an agreement between the District and the Landowner, Brentwood Farms, LLC. As such, all outstanding obligations have been paid and satisfied in full.

FURTHER AFFIANT SAYETH NOT.

GOVERNMENTAL MANAGEMENT SERVICES – CENTRAL FLORIDA, LLC

By: Jillian Burns
Its: District Manager

SWORN AND SUBSCRIBED before me by means of ▢ physical presence or ▢ online notarization this     day of 	, 2025, by Jillian Burns, as District Manager of Governmental Management Services – Central Florida, LLC, who ▢ is personally known to me
or ▢ has provided 	 as identification, and who ▢ did or ▢ did not take an oath.

(SEAL)		Notary Public, State of Florida Print Name:		

Resolution 2026- 	

[See following page.]

Landowner’s Consent to Dissolution

[See following page.]

NOTICE OF DISSOLUTION

This instrument was prepared by and should be returned to:

Kilinski | Van Wyk PLLC 517 E. College Avenue Tallahassee, Florida 32301

NOTICE OF DISSOLUTION OF
DAVIS RESERVE COMMUNITY DEVELOPMENT DISTRICT

PLEASE TAKE NOTICE that on 	, 2025, Davis Reserve Community Development District (“District”) Board of Supervisors adopted Resolution 2026-
   approving a Plan of Dissolution for the District and requesting that the Board of County Commissioners of Citrus County, Florida repeal Ordinance No. 2025-01, which established the District. Effective 	, 2025 the Commission repealed Ordinance No. 2025-01. Resolution 2026-   and a copy of repealed Ordinance No. 2025-01, were subsequently filed with the Florida Department of Commerce. A legal description of the dissolved District is attached hereto.

[Signatures on following page]

IN WITNESS WHEREOF, this Notice has been executed to be effective as of the 	
day of 	 2025, and recorded in the Official Records of Citrus County, Florida.

WITNESSES:

By: 	 Name: 	 Address: 517 E. College Avenue Tallahassee, Florida 32301

DAVIS RESERVE COMMUNITY DEVELOPMENT DISTRICT

By: 	
Name: Jennifer Kilinski Title: District Counsel

By: 	 Name: 	 Address: 517 E. College Avenue Tallahassee, Florida 32301

STATE OF FLORIDA COUNTY OF LEON
The foregoing instrument was acknowledged before me by means of  physical presence or  online notarization, this     day of 	 2025, by Jennifer Kilinski, as District Counsel of Davis Reserve Community Development District, who appeared before me this day in person, and who is either personally known to me, or produced 	 as identification.

NOTARY PUBLIC, State of Florida

(NOTARY SEAL)

Name:	 (Name of Notary Public, Printed, Stamped or Typed as Commissioned)

Exhibit A:	Legal Description

Exhibit A - Legal Description
DAVIS RESERVE COMMUNITY DEVELOPMENT DISTRICT
A PARCEL OFLAND LYING IN SECTIONS 22AND 23, TOWNSHIP 18SOUTH, RANGE 18 EAST, CITRUS COUNTY, FLORIDA AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCE AT THE NORTHEAST CORNER OF SECTION 22, TOWNSHIP 18 SOUTH, RANGE 18 EAST, CITRUS COUNTY, FLORIDA, THENCE ALONG THEEAST LINE OF THE NORTHEAST QUARTER OF SAID SECTION 22, RUN soo·11·so·E. A DISTANCE OF 1,268.88 FEET TO THE NORTHEAST CORNER OF THE SOUTH 50FEET OFTHENORTH
1/2 OF THE NORTHEAST 114 OF SAID SECTION 22, ANDTHE POINT OF BEGINNING. SAIDPOINT ALSO BEING THE SOUTHEAST CORNER OF BLOCK 161, BEVERLY HILLS UNIT-6, SECTIONTWO; THENCE CONTINUE ALONG SAID EAST LINE AND THE WEST LINE OFBRENTWOOD SUBDMSION AS RECORDED IN PLAT BOOK 12, PAGES 70-73 OF THE PUBLIC RECORDS OF CITRUS COUNTY, FLORIDA, S00°12'25"E, 1370.84 FEET TO THE SOUTHEAST CORNER OF THE NORTHEAST 1/4 OF SAID SECTION 22; THENCE ALONG THE EAST LINE OFTHE SOUTHEAST 1/4 OF SAID SECTION 22AND THE WEST LINE OF BRENTWOOD SUBDMSION AS RECORDED IN PLAT BOOK 12, PAGES 70-73 OF THE PUBLIC RECORDS OF CITRUS COUNTY, FLORIDA, RUN S00°08'58"E, 1222.03 FEET; THENCE N89°49'37''E, 100.00 FEET; THENCE N57°13'45"E, 137.83 FEET TO A POINT OF CURVATURE TO THE LEFT. SAID CURVE BEING CONCAVE TO THENORTHWEST, HAVING A RADIUS OF25.00FEET, A CENTRAL ANGLE OF 88°07'38", AND A CHORD BEARING AND DISTANCE OF N13°09'25"E, 34.77 FEET; THENCE ALONG THE ARC OF SAID CURVE A DISTANCE OF 38.45 FEET TOTHE WEST RIGHT-OF-WAY LINE OF NORTH BRENTWOOD CIRCLE, ANDTHE POINT OF CURVATURE OF A NON-TANGENT CURVATURE TO THE LEFT. SAID CURVE BEING CONCAVE TO THENORTHEAST, HAVING A RADIUS OF740.00 FEET, A CENTRAL ANGLE OF 43°54'35", AND A CHORD BEARING AND DISTANCE OF S52°50'40"E, 553.34 FEET; THENCE ALONG THE ARC OF SAIDCURVE A DISTANCE OF 567.11 FEET TO A POINT OF REVERSE CURVATURE TO THE RIGHT. SAID CURVE BEING CONCAVE TO THE SOUTHWEST, HAVING A RADIUS OF 660.00 FEET, A CENTRAL ANGLE OF 42°07'22'', AND A CHORD BEARING AND DISTANCE OF S53°43'23"E, 474.37 FEET; THENCE ALONG THE ARC OF SAID CURVE A DISTANCE OF 485.22 FEET TO THEPOINT OF CURVATURE OF A NON-TANGENT CURVE TOTHE RIGHT. SAID CURVE BEING CONCAVE TO THENORTHWEST, HAVING A RADIUS OF 2214.93 FEET, A CENTRAL ANGLE OF 11°08'20", AND A CHORD BEARING AND DISTANCE OF S67°31'43"W, 428.65 FEET; THENCE DEPARTING SAIDRIGHT OF WAY LINE, RUN ALONG THE ARC OF SAID CURVE A DISTANCE OF429.32 FEET; THENCE S23°09'18''E, 193.30 FEET; THENCE S66°48'34"W, 87.64 FEET; THENCE S22°40'53"E,
400.16 FEET TO THENORTH RIGHT-OF-WAY LINE OF COUNTY ROAD #486 (WEST NORVELL BRYANT HIGHWAY). SAID POINT BEING ON A NON-TANGENT CURVE TO THE RIGHT. SAIDCURVE BEING CONCAVE TOTHENORTHWEST, HAVING A RADIUS 2814.00 FEET, A CENTRAL ANGLE OF 16°09'59", AND A CHORD BEARING AND DISTANCE OF S81°45'16'W, 791.36 FEET; THENCE ALONG THE ARC OF SAID CURVE A DISTANCE OF
793.99 FEET; THENCE N89°32'59'W, 13.95 FEET TOTHE EAST LINE OF THE SOUTHEAST
1/4 OF SAID SECTION 22; THENCE ALONG SAIDEAST LINE, AND THE SOUTHERLY EXTENSION OF THEEASTLINEOFFLYING DUTCHMAN ESTATES, PHASE I, AS RECORDED IN PLAT BOOK 12, PAGE 118, OFTHEPUBLIC RECORDS OF CITRUS COUNTY, FLORIDA, RUN N00°09'42"W, 1184.51 FEET; THENCE DEPARTING SAID EAST LINE , RUN ALONG THENORTHERLY BOUNDARY OFTHE AFOREMENTIONEDFLYING

DUTCHMAN ESTATES PHASE I, S89°49'29"W, 104.97 FEET; THENCE S00°06'24"E, 34.85 FEET; THENCE S89°51'38'W, 1237.39 FEET TO THE EAST LINE OF CRYSTAL RIVER COUNTRY ESTATES, AS RECORDED INPLATBOOK 7, PAGES 147-154, OF THE PUBLIC RECORDS OF CITRUS COUNTY, FLORIDA; THENCE ALONG THEEAST BOUNDARY OF SAID CRYSTAL RIVER COUNTRY ESTATES, RUN N00°22'25'W, 1444.50 FEET TO THE SOUTH LINEOFTHE NORTHEAST 1/4 OF SAID SECTION 22; THENCE CONTINUE ALONG SAIDEASTLINE N00°22'25"W, 679.84 FEET; THENCE N89°44'27"E, 396.04 FEET; THENCE N00°12'08'W, 689.61FEET TO A POINT ON THE SOUTH LINE OF BEVERLY HILLS, UNIT NUMBER SIX, SECTION TWO, AS RECORDED INPLAT BOOK 11, PAGES 132-134, OF THE PUBLIC RECORDS OF CITRUS COUNTY, FLORIDA; THENCE ALONG SAIDSOUTH LINE, RUN S89°44'19"E, 954.00 FEET TO THEPOINT OF BEGINNING.
CONTAINING 103.08 ACRES, MORE OR LESS.
LESS AND EXCEPT LOTS 1 THROUGH 3 OF THEPLAT OFBRENTWOOD VILLAS WEST I, AS RECORDED IN PLAT BOOK 19, PAGES 9 & 10 OF THE PUBLIC RECORDS OF CITRUS COUNTY, FLORIDA. BEING FURTHER DESCRIBE ASFOLLOWS:
COMMENCE AT THENORTHEAST CORNER OFTHE SOUTHEAST 1/4 OF SECTION 22 TOWNSHIP 18 SOUTH, RANGE 18 EAST, CITRUS COUNTY, FLORIDA; THENCE ALONG THE EAST LINE OF SAID SOUTHEAST 1/4, RUN S00°08'58"E, 1035.25 FEET; THENCE LEAVING SAID EAST LINE RUNN89°50'55'W, 317.66 FEET TO THE NORTHEAST CORNER OF LOT 3 OF SAID BRENTWOOD VILLAS WEST I, AND THEPOINT OFBEGINNING; THENCE ALONG THEEAST LINEOF SAID LOT3, RUN S00°00'48"E, 176.30 FEET TO THE SOUTHEAST CORNER OF SAID LOT 3; THENCE ALONG THE SOUTH LINE OF SAID LOT 3 AND LOT 2, RUN N86°06'08"W, 98.05 FEET TO THEPOINT OF CURVATURE OF ACURVE TO THE LEFT. SAID CURVE BEING CONCAVED TO THE SOUTHEAST, HAVING A RADIUS OF 50.00 FEET, A CENTRAL ANGLE OF 76°26'51", AND ACHORD BEARING AND DISTANCE OF S51°54'34"E, 61.87 FEET; THENCE ALONG THE ARCOF SAID CURVE A DISTANCE OF 66.71 FEET TO THE SOUTH LINE OF SAID LOT 1; THENCE ALONG SAID SOUTH LINE, RUN N89°58'48'W, 14.42 FEET TOTHE SOUTHWEST CORNER OF SAID LOT1; THENCE ALONG THE WEST LINEOF SAID LOT 1,RUN N00°13'31'W, 208.23 FEET TOTHE NORTHWEST CORNER OF SAID LOT1; THENCE ALONG THENORTH LINE OF SAID LOTS 1THROUGH 3,RUN S89°50'55"W, 161.72 FEET TOTHEPOINT OF BEGINNING. CONTAINING 0.66 ACRES, MOREOR LESS.
CDD BNDY CONTAINING 102.41 ACRES NET

EXHIBIT E CONSENT TO DISSOLUTION
The undersigned, Brentwood Farms, LLC (“Landowner”), a Florida limited liability company, hereby understands, acknowledges, represents and consents that Davis Reserve Community Development District (“District”) intends to petition the Board of County Commissioners of Citrus County, Florida to dissolve the District in accordance with the provisions of Section 190.046(10), Florida Statutes, and confirms that all outstanding financial obligations of the District have been or will be satisfied. The Landowner represents and warrants that it is the fee simple owner of 100% of the lands within the District, which lands are described in Exhibit A attached hereto, and hereby consents to the dissolution of the District. The undersigned hereby represents and warrants that it has taken all actions and obtained all consents necessary to duly authorize the execution of this consent and joinder by the officer executing this instrument.

Executed this 	 day of 	, 2025.

Agreed to by:
BRENTWOOD FARMS, LLC

By: 	
Title: 	

STATE OF 	
COUNTY OF 	
The foregoing instrument was acknowledged before me by means of  physical presence or		online	notarization,	this			day	of		2025,	by
	, as 	 of Brentwood Farms, LLC who appeared before me this day in person, and who is either personally known to me, or produced
	 as identification.

NOTARY PUBLIC, State of Florida

(NOTARY SEAL)

Name:	 (Name of Notary Public, Printed, Stamped or Typed as Commissioned)

Exhibit A - Legal Description
DAVIS RESERVE COMMUNITY DEVELOPMENT DISTRICT
A PARCEL OFLAND LYING IN SECTIONS 22AND 23, TOWNSHIP 18SOUTH, RANGE 18 EAST, CITRUS COUNTY, FLORIDA AND BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS:
COMMENCE AT THE NORTHEAST CORNER OF SECTION 22, TOWNSHIP 18 SOUTH, RANGE 18 EAST, CITRUS COUNTY, FLORIDA, THENCE ALONG THEEAST LINE OF THE NORTHEAST QUARTER OF SAID SECTION 22, RUN soo·11·so·E. A DISTANCE OF 1,268.88 FEET TO THE NORTHEAST CORNER OF THE SOUTH 50FEET OFTHENORTH
1/2 OF THE NORTHEAST 114 OF SAID SECTION 22, ANDTHE POINT OF BEGINNING. SAIDPOINT ALSO BEING THE SOUTHEAST CORNER OF BLOCK 161, BEVERLY HILLS UNIT-6, SECTIONTWO; THENCE CONTINUE ALONG SAID EAST LINE AND THE WEST LINE OFBRENTWOOD SUBDMSION AS RECORDED IN PLAT BOOK 12, PAGES 70-73 OF THE PUBLIC RECORDS OF CITRUS COUNTY, FLORIDA, S00°12'25"E, 1370.84 FEET TO THE SOUTHEAST CORNER OF THE NORTHEAST 1/4 OF SAID SECTION 22; THENCE ALONG THE EAST LINE OFTHE SOUTHEAST 1/4 OF SAID SECTION 22AND THE WEST LINE OF BRENTWOOD SUBDMSION AS RECORDED IN PLAT BOOK 12, PAGES 70-73 OF THE PUBLIC RECORDS OF CITRUS COUNTY, FLORIDA, RUN S00°08'58"E, 1222.03 FEET; THENCE N89°49'37''E, 100.00 FEET; THENCE N57°13'45"E, 137.83 FEET TO A POINT OF CURVATURE TO THE LEFT. SAID CURVE BEING CONCAVE TO THENORTHWEST, HAVING A RADIUS OF25.00FEET, A CENTRAL ANGLE OF 88°07'38", AND A CHORD BEARING AND DISTANCE OF N13°09'25"E, 34.77 FEET; THENCE ALONG THE ARC OF SAID CURVE A DISTANCE OF 38.45 FEET TOTHE WEST RIGHT-OF-WAY LINE OF NORTH BRENTWOOD CIRCLE, ANDTHE POINT OF CURVATURE OF A NON-TANGENT CURVATURE TO THE LEFT. SAID CURVE BEING CONCAVE TO THENORTHEAST, HAVING A RADIUS OF740.00 FEET, A CENTRAL ANGLE OF 43°54'35", AND A CHORD BEARING AND DISTANCE OF S52°50'40"E, 553.34 FEET; THENCE ALONG THE ARC OF SAIDCURVE A DISTANCE OF 567.11 FEET TO A POINT OF REVERSE CURVATURE TO THE RIGHT. SAID CURVE BEING CONCAVE TO THE SOUTHWEST, HAVING A RADIUS OF 660.00 FEET, A CENTRAL ANGLE OF 42°07'22'', AND A CHORD BEARING AND DISTANCE OF S53°43'23"E, 474.37 FEET; THENCE ALONG THE ARC OF SAID CURVE A DISTANCE OF 485.22 FEET TO THEPOINT OF CURVATURE OF A NON-TANGENT CURVE TOTHE RIGHT. SAID CURVE BEING CONCAVE TO THENORTHWEST, HAVING A RADIUS OF 2214.93 FEET, A CENTRAL ANGLE OF 11°08'20", AND A CHORD BEARING AND DISTANCE OF S67°31'43"W, 428.65 FEET; THENCE DEPARTING SAIDRIGHT OF WAY LINE, RUN ALONG THE ARC OF SAID CURVE A DISTANCE OF429.32 FEET; THENCE S23°09'18''E, 193.30 FEET; THENCE S66°48'34"W, 87.64 FEET; THENCE S22°40'53"E,
400.16 FEET TO THENORTH RIGHT-OF-WAY LINE OF COUNTY ROAD #486 (WEST NORVELL BRYANT HIGHWAY). SAID POINT BEING ON A NON-TANGENT CURVE TO THE RIGHT. SAIDCURVE BEING CONCAVE TOTHENORTHWEST, HAVING A RADIUS 2814.00 FEET, A CENTRAL ANGLE OF 16°09'59", AND A CHORD BEARING AND DISTANCE OF S81°45'16'W, 791.36 FEET; THENCE ALONG THE ARC OF SAID CURVE A DISTANCE OF
793.99 FEET; THENCE N89°32'59'W, 13.95 FEET TOTHE EAST LINE OF THE SOUTHEAST
1/4 OF SAID SECTION 22; THENCE ALONG SAIDEAST LINE, AND THE SOUTHERLY EXTENSION OF THEEASTLINEOFFLYING DUTCHMAN ESTATES, PHASE I, AS RECORDED IN PLAT BOOK 12, PAGE 118, OFTHEPUBLIC RECORDS OF CITRUS COUNTY, FLORIDA, RUN N00°09'42"W, 1184.51 FEET; THENCE DEPARTING SAID EAST LINE , RUN ALONG THENORTHERLY BOUNDARY OFTHE AFOREMENTIONEDFLYING

DUTCHMAN ESTATES PHASE I, S89°49'29"W, 104.97 FEET; THENCE S00°06'24"E, 34.85 FEET; THENCE S89°51'38'W, 1237.39 FEET TO THE EAST LINE OF CRYSTAL RIVER COUNTRY ESTATES, AS RECORDED INPLATBOOK 7, PAGES 147-154, OF THE PUBLIC RECORDS OF CITRUS COUNTY, FLORIDA; THENCE ALONG THEEAST BOUNDARY OF SAID CRYSTAL RIVER COUNTRY ESTATES, RUN N00°22'25'W, 1444.50 FEET TO THE SOUTH LINEOFTHE NORTHEAST 1/4 OF SAID SECTION 22; THENCE CONTINUE ALONG SAIDEASTLINE N00°22'25"W, 679.84 FEET; THENCE N89°44'27"E, 396.04 FEET; THENCE N00°12'08'W, 689.61FEET TO A POINT ON THE SOUTH LINE OF BEVERLY HILLS, UNIT NUMBER SIX, SECTION TWO, AS RECORDED INPLAT BOOK 11, PAGES 132-134, OF THE PUBLIC RECORDS OF CITRUS COUNTY, FLORIDA; THENCE ALONG SAIDSOUTH LINE, RUN S89°44'19"E, 954.00 FEET TO THEPOINT OF BEGINNING.
CONTAINING 103.08 ACRES, MORE OR LESS.
LESS AND EXCEPT LOTS 1 THROUGH 3 OF THEPLAT OFBRENTWOOD VILLAS WEST I, AS RECORDED IN PLAT BOOK 19, PAGES 9 & 10 OF THE PUBLIC RECORDS OF CITRUS COUNTY, FLORIDA. BEING FURTHER DESCRIBE ASFOLLOWS:
COMMENCE AT THENORTHEAST CORNER OFTHE SOUTHEAST 1/4 OF SECTION 22 TOWNSHIP 18 SOUTH, RANGE 18 EAST, CITRUS COUNTY, FLORIDA; THENCE ALONG THE EAST LINE OF SAID SOUTHEAST 1/4, RUN S00°08'58"E, 1035.25 FEET; THENCE LEAVING SAID EAST LINE RUNN89°50'55'W, 317.66 FEET TO THE NORTHEAST CORNER OF LOT 3 OF SAID BRENTWOOD VILLAS WEST I, AND THEPOINT OFBEGINNING; THENCE ALONG THEEAST LINEOF SAID LOT3, RUN S00°00'48"E, 176.30 FEET TO THE SOUTHEAST CORNER OF SAID LOT 3; THENCE ALONG THE SOUTH LINE OF SAID LOT 3 AND LOT 2, RUN N86°06'08"W, 98.05 FEET TO THEPOINT OF CURVATURE OF ACURVE TO THE LEFT. SAID CURVE BEING CONCAVED TO THE SOUTHEAST, HAVING A RADIUS OF 50.00 FEET, A CENTRAL ANGLE OF 76°26'51", AND ACHORD BEARING AND DISTANCE OF S51°54'34"E, 61.87 FEET; THENCE ALONG THE ARCOF SAID CURVE A DISTANCE OF 66.71 FEET TO THE SOUTH LINE OF SAID LOT 1; THENCE ALONG SAID SOUTH LINE, RUN N89°58'48'W, 14.42 FEET TOTHE SOUTHWEST CORNER OF SAID LOT1; THENCE ALONG THE WEST LINEOF SAID LOT 1,RUN N00°13'31'W, 208.23 FEET TOTHE NORTHWEST CORNER OF SAID LOT1; THENCE ALONG THENORTH LINE OF SAID LOTS 1THROUGH 3,RUN S89°50'55"W, 161.72 FEET TOTHEPOINT OF BEGINNING. CONTAINING 0.66 ACRES, MOREOR LESS.
CDD BNDY CONTAINING 102.41 ACRES NET

Section V

Project Name: Davis Reserve

BILL OF SALE-WATER

BILL OF SALE, ABSOLUTE

KNOWN ALL MEN BY THESE PRESENTS, that Brentwood Farms, LLC, party of the first part, whereof is hereby acknowledged has granted, bargained, sold, transferred and delivered, and by these presents does grant, bargain, sell, transfer and deliver, to Davis Reserve Community Development District, party of second part its executors, administrators and assigns, the following goods and chattels:
Water Distribution system as described in the attached Exhibit "A" ATTACHED HERETO AND MADE AP ART HEREOF TO HAVE AND TO HOLD the same unto the said party of the second part, its executors, administrators and assigns forever.

AND, it does for itself and its successors and assigns covenant to and with the said party of the second part, its successors and assigns, that it is the lawful owner of the said goods and chattels; that they are free from all encumbrances; that it has good right to sell the same aforesaid, and that it will warrant and defend the sale of the said property, goods and chattels hereby made, unto the said party of the second part its successors and assigns, against the lawful claims and demands of all persons whomsoever. The sale of the purchased assets is "as is, with all faults." The party of the first part makes no representation and there is no warranty with respect to the condition of the assets.
IN WITNESS WHEREOF, it has hereunto set its hand and seal this \=f"'- day of September 2025. Signed, sealed and delivered
In the presence of:

ame :	•• • �-"T�("

Witnesses:

c�

2476 N Essex Ave Hernando, FL 34442

Brentwood Farms, LLC

Stephen A.	n1posi, President

2476 N Essex Ave Hernando, FL 34442

Name: ,ev- 1 L l),	FT"'""'�•
2476 N Essex Ave
Hernando, FL 34442

The forgoing instrument was acknowledged before me this  l�		day of September 2025 by Stephen

el!

A. Tamposi, as President of Brentwood Farms, LLC. He is personally known to me, and attests that this document has been signed for the purposes therein stated.

ANotaryPublic State of Florida

1'

· .

Sendra R Taylor

,

My Commlulon HH 898142 Expires 111112029	,

fJL

NoYa'i;,:�	�,DT�lt.,

My Commission E;xpires: 1l�l��- .
Commission: lo<t\si�4-9.-

1
(SEAL

EXHIBIT A
Citrus County Utilities
Project Name: Davis Reserve
Project Location: Citrus County, Florida

Check One
x Water
Wastewater
Reclaimed Water
List of Materials

Item	Description	Unit	Quantity	Unit Price	Extended Price	
t	I
6" PVC WATER MAIN (INCLD.
FITTINGS)	l..f		r	
$28.10	
$228,818.30	
			8143			
2	8" PVC WATER MAIN (INCLD. FITTINGS)	I	
LF	6521	
$47.60	I	$310,399.60	

3_	10" PVC WATER MAIN (INCLD. FITTINGS)		
1864	$65.35	$121,812.40	
4	611 GATE VALVE	EA	26	$2,023.00	$52,598.00	
5	811 GATE VALVE		1	$2,464.45	$27,108.95	
6	10" GATE VALVE	EA	3	$5,018.60	$15,055.80	
1	BACKTERIOLOGICAL SAMPLE	EA	21	$742.00	$15,582.0b	
8	AIR RELEASE VALVE	EA	4	$6,287.10	$25,148.40	
q,	,	FIRE HYDRANT ASSEMBLY	EA	A	$4,980.80	$69,731.20	
						
10	BLOW OFF ASSEMBLY	EA	5	$1,212.30	$6,061.50	
JJ	WET TAP ASSEMBLY	M		$6,040.70	$6,040.70	
12	SINGLE SERVICES	EA	23	$885.00	$20,355.00	
:r3	DOUBLE SERVICES	��	188	$1,495.00	$281,060.00	
14	CONNECT TO EXISTING WATER	LS
I	3	$2,678.75	$8,036.25	
JS	ITTSTING	lS	1'	$24,043.90	$24,043.90	
				Total	$1,211,852.00	

Project Name: Davis Reserve

BILL OF SALE-WASTEWATER

��M,cl.{O._r  ,v-..5,
-10
'bMJ"� �".e.. Cl)y

BILL OF SALE, ABSOLUTE

KNOWN ALL MEN BY THESE PRESENTS, that Brentwood Farms, LLC, party of the first part, whereof is hereby acknowledged has granted, bargained, sold, transferred and delivered, and by these presents does grant, bargain, sell, transfer and deliver, to Davis Reserve Community Development District, party of second part its executors, administrators and assigns, the following goods and chattels:

Wastewater Collection system as described in the attached Exhibit "B" AITACHED HERETO AND MADE AP ART HEREOF TO HAVE AND TO HOLD the same unto the said party of the second part, its executors, administrators and assigns forever.

AND, it does for itself and its successors and assigns covenant to and with the said party of the second part, its successors and assigns, that it is the lawful owner of the said goods and chattels; that they are free from all encumbrances; that it has good right to sell the same aforesaid, and that it will warrant and defend the sale of the said property, goods and chattels hereby made, unto the said party of the second part its successors and assigns, against the lawful claims and demands of all persons whomsoever. The sale of the purchased assets is "as is, with all faults." The party of the first part makes no representation and there is no warranty with respect to the condition of the assets.

�

IN WITNESS WHEREOF, it has hereunto set its hand and seal this l!	day of September 2025.

Signed, sealed and delivered In the presence of:

Witnesses:

Jl�Q.IM\o>
2476 N Essex Ave

�.

Hernando, FL 34442
..

(;;;{J'LLC
Eric D. Abel, Vice President 2476 N Essex Ave Hernando, FL 34442

--  71"/'(  r� 11J€1!.....
6 NEss  •	ve
Hernando, FL 34442

The forgoing instrument was acknowledged before me this \ �		day of September 2025 by Eric D. Abel, as Vice President of Brentwood Farms, LLC. He is personally known to me, and attests that this document has been signed for the purposes therein stated.

�•	.To--1•••
My Comm1ss1on	xpires: 1\ 11 \ :w.i.'\
Commission: \o'i\o '("4'�

' AN011ry Public State ot Florlllla
(SEAL)'	.·  •	Sandra R Tavior
. .	My Commtulon HH Hl8.C2
i	Expires 111112029

EXHIBITB
Citrus County Utilities
Project Name: Davis Reserve Project Location: 2476 N Essex Ave
Hemando,Fl34442
Check One
Water
X	Wastewater

List of Materials

Item	Description	Unit	Quantity	Unit Price	Extended Price	
1	,if1,ill\.N	,Mf"il i;o,Jr,•_,i:;;, n�o,	�	.. ,	a	t,iia,.as	e,,� A "1,'C!)l, llrt	
2	,MANHOLE (61-81 DEEP)	EA	22	$4,651.90	$102,341.80	
3	.MANHOLE (8'-10' DEEP)	EA	B	$5,361.15	$42,889.20	
4	'MANHOLE (10'-12' DEEP)	EA	6	$6,615.70	$39,694.20	
5	MANHOLE (12'-14' DEEP)	EA	2	$7,436.70	$14,873.40	
6	MANHOLE (14'-16' DEEP)	EA	2	$8,611.40	$17,222.80	
-
7	DROP MANHOLE (0'-6' DEEP)	EA	1	$6,992.70	$6,992.70	
8	DROP MANHOLE (10'-12' DEEP)	EA	1	$9,192.55	$9,192.55	
9	DOGHOUSE MANHOLE	EA	1	$5,806.65	$5,806.68	
10	SINGLE SERVICES	EA	19	$1,625.00	$30,875.00	
11	DOUBLE SERVICES	EA	190	$1,736.00	$329,840.00	
12
I	8"	PVC (0'-6' DEEP)	LF	2390	$31.85	$76,121.50	
I 13	�II  PVC (6'-8' DEEP)	LF	5901	$32.95	$194,437.95	
14	i8" PVC (8'-10' DEEP)	LF	2278	$34.25	1	$78,021.50
11	
15	i8" PVC (10'-12' DEEP)	LF	1203	$43.00	$51,729.00	
16	811 PVC (12'-14' DEEP)	LF	330	$48.15	$15,889.50	
17	811 PVC (14'-16' DEEP)	LF	I
42	I

$46.20	-
$1,940.40	
18	611 PVC FORCE MAIN	LF	155	$63.45	$9,834.75	
19	ICONNECTTO EXIST. FORCE MAIN	EA	2	-
$2,271.25	$4,542.50	
20	SANITARY LIFT STATION	I,., LS	1	$5,750.00	$5,750.00	
21	SANITARY LIFT STATION PUMPS	LS	l	$43,585.00	$43,585.00	
22	[TESTING	LS	1	$34,962.90	$34,962.90	
				Total	$1,150,882.10	

I

�

Project Name: Davis Reserve

BILL OF SALE - WASTEWATER

BILL OF SALE, ABSOLUTE

KNOWN ALL MEN BY THESE PRESENTS, that Davis Reserve CDD, party of the first part, whereof is hereby acknowledged has granted, bargained, sold, transfe1Ted and delivered, and by these presents does grant, bargain, sell, transfer and deliver, to Citrus County a political subdivision of the State of Florida, party of second part its executors, administrators and assigns, the following goods and chattels:

Wastewater Collection system as described in the attached Exhibit "B" ATTACHED HERETO AND MADE AP ART HEREOF TO HAVE AND TO HOLD the same unto the said party of the second part, its executors, administrators and assigns forever.

AND, it does for itself and its successors and assigns covenant to and with the said party of the second part, its successors and assigns, that it is the lawful owner of the said goods and chattels; that they are free from all encumbrances; that it has good right to sell the same aforesaid, and that it will warrant and defend the sale of the said property, goods and chattels hereby made, unto the said party of the second part its successors and assigns, against the lawful claims and demands of all persons whomsoever. The sale of the purchased assets is "as is, with all faults." The party of the first part makes no representation and there is no warranty with respect to the condition of the assets.
IN WITNESS WHEREOF, it has hereunto set its hand and seal this \."1�day of September 2025. Signed, sealed and delivered
In the presence of:

Witnesses:

N�i�T�1.c
2476 N Essex Ave
Hernando, FL 34442
CnD--		
Name :�;£ '1>• �	 2476 N Essex Ave Hernando, FL 34442

Stephen A. T	posi, President 2476 N Essex Ave
Hernando, FL 34442

The forgoing instrument was acknowledged before me this rT�	day of September 2025 by Stephen
A. Tamposi, as President of Brentwood Farms, LLC. He is personally known to me, and attests that this document has been signed for the purposes therein stated.

No	.TcvclcG"

(SE.·

Notary fl'ubllc St1t1 of Florida
Sandra R Taylor
.	My Comml.. lO'I HH $98'42
Exr,lres 111112029

My Commission Expires:1 \ ,, \:>o>-,
Commission:\.,,'1l#�4�

EXHIBITB
Citrus County Utilities
Project Name: Davis Reserve Project Location: 2476 N Essex Ave
Hemando,Fl34442
Check One
Water
X Wastewater
List of Materials

Item	Description	Unit	Quantity	Unit Price	Extended Price	
1i	r..	,u	,.,.1.i,"1lr i:: tn:�CnITT\		1;	:A	,.	11',i -:in"!I: "JI �	iii - .	.	,..			.):tn	
													
2	MANHOLE (6'-8' DEEP)	EA	22	$4,651.90	$102,341.80	
"  3	MANHOLE (8'-10' DEEP)	EA	8	$5,361.15	$42,889.20	
4	MANHOLE (10'-12' DEEP)	EA	6	$6,615.70	$39,694.20	
- 5	MANHOLE (12'-14' DEEP)	,a	2	$7,436.70	$14(873.40	
6	MANHOLE (14'-16' DEEP)	EA	2	$8,611.40	$17,222.80	
7	DROP MANHOLE (0'-6' DEEP)	EA	1	$6,992.70	$6,992.70	
8	DROP MANHOLE (10'-12' DEEP)	EA	1	$9,192.55	$9,192.55	
9	DOGHOUSE MANHOLE	et\	l	$5,806.65	$5,806.68	
10	SINGLE SERVICES	EA	19	$1,625.00	$30,875.00	
11	DOUBLE SERVICES	�	I	190	$1,736.00	$329,840.00	
12	a" PVC (0'-6' DEEP)	LF	2390	$31.85	$76,121.50	
rt l,gn PVC (6'-8' DEEP)	L:F	I	5901	$32.95	$194,437.95	
-
14	8" PVC (8'-10' DEEP)	LF	I	2278	$34.25	$78,021.50	
15	18" PVC (10'-12' DEEP)	lzf	1203	$43.00	$51,729.00	
16	811 PVC (12'-14' DEEP)	LF	I	330	$48.15	$15,889.50	
10"· 811 PVC (14'-16' DEEP)	fF	I	4L	I	$46.20	$1,940.40	
18	611 PVC FORCE MAIN	LF	155	$63.45	$9,834.75	
19	ICONNECTTO EXIST. FORCE MAIN	EA	2	..	$2,271.25	$4,542.50	
20	!SANITARY LIFT STATION	LS	I	1	$5,750.00	$5,750.00
I	
21	!SANITARY LIFT STATION PUMPS		,Ui	1	$43,585.00	$43,585:00	
22	!TESTING	LS	1	$34,962.90	I
$34,962.90	
				Total	$1,150,882.10	

,	'	,

,

I

I

I

Project Name: Davis Reserve

BILL OF SALE - WATER

tu

�",	� r,e_rpve.. CVY
G1'<t>-��"Ji

BILL OF SALE, ABSOLUTE

KNOWN ALL MEN BY THESE PRESENTS, that Davis Reserve CDD, party of the first part, whereof is hereby acknowledged has granted, bargained, sold, transferred and delivered, and by these presents does grant, bargain, sell, transfer and deliver, to Citrus County a political subdivision of the State of Florida, party of second part its executors, administrators and assigns, the following goods and chattels:

Water Distribution system as described in the attached Exhibit "A" ATTACHED HERETO AND MADE AP ART HEREOF TO HAVE AND TO HOLD the same unto the said party of the second part, its executors, administrators and assigns forever.

AND, it does for itself and its successors and assigns covenant to and with the said party of the second part, its successors and assigns, that it is the lawful owner of the said goods and chattels; that they are free from all encumbrances; that it has good right to sell the same aforesaid, and that it will warrant and defend the sale of the said property, goods and chattels hereby made, unto the said party of the second part its successors and assigns, against the lawful claims and demands of all persons whomsoever. The sale of the purchased assets is "as is, with all faults." The party of the first part makes no representation and there is no warranty with respect to the condition of the assets.
IN WITNESS WHEREOF, it has hereunto set its hand and seal this \-r"" day of September 2025. Signed, sealed and delivered
In the presence of:

Witnesses:	Davis Reserve CDD

Name :<i;°"'cH'� �- T�\c.r 2476 N Essex Ave Hernando, FL 34442

Name :	.,, L n · '	tZ..,

2476 N Essex Ave Hernando, FL 34442
The forgoing instrument was acknowledged before me this \J'::	day of September 2025 by Cyle T. Moses, Chairman of Davis Reserve CDD. He is personally known to me, and attests that this document has been signed for the purposes therein stated.

Notary Publlc State of Florida Sandra R Taylor
My Commlt1lon HH 698842
Expirea 111112029

Notliit'l�	�'"-<I•�
My Commission Expires: 1ln()64't
Commission: li\\,i<f,1..	(SEAL

EXHIBIT A
Citrus County Utilities
Project Name: Davis Reserve
Project Location: Citrus County, Florida

Check One
x Water
Wastewater
Reclaimed Water
List of Materials

Item	Description	Unit	Quantity	Unit Price	Extended Price	
1	6" PVC WATER MAIN (INCLD,
FITTINGS)	lF	8143	$28.10	$228,818.30	
2	8" PVC WATER MAIN (INCLD.
FITTINGS)	LF	6521	$47.60	$310,399.60	
3	10" PVC WATER MAIN (INCLD. FITTINGS)	F	
1864	$65.35	$121,812.40	
4	611 GATE VALVE	EA	26	$2,023.00	$52,598.00	
5	8" GATE VALVE	EA	11	$2,464.45	$27,108.95	
6	10" GATE VALVE	EA	3	$5,018.60	$15,055.80	I	
-	7
I	BACKTERIOLOGICAL SAMPLE	EA	21	$742.00	I	$15,582.00	
I	8	I
,I	AIR RELEASE VALVE	EA	4	$6,287.10	$25,148.40	
9	FIRE HYDRANT ASSEMBLY	EA	14	$4,980.80	$69,731.20	
10	BLOW OFF ASSEMBLY	EA	5	$1,212.30	$6,061.50	
ll	WET TAP ASSEMBLY	EA	'		$6,040.70	$6,040.70	
12	51NGLE SERVICES	EA	23	$885.00	$20,355.00	
13	DOUBLE SERVICES	EA	188	$1,495.00	$281,060.00	
14	CONNECT TO EXISTING WATER	LS	3	$2,678.75	$8,036.25	
5	fESTING	1.5	1	$24,043.90	$24,043.90	
				Total	$1,211,852.00	

Section VI

Section C

Section 1

Davis Reserve Community Development District

Summary of Checks

July 1, 2025 to October 25, 2025

Bank	Date	Check No.'s	Amount	

General Fund	

7/28/25	

4-6	$	

24,967.36	
	7/29/25	7	$	13,729.82	
	8/13/25	8-10	$	4,298.78	
	9/15/25	11-13	$	9,608.38	
	9/18/25	14	$	100.00	
	9/26/25	15	$	6,140.97	
	10/1/25	16	$	35.21	
	10/6/25	17	$	150.00	
	10/14/25	18-19	$	444.50	
	10/24/25	20-21	$	3,891.38	
		Total	$	63,366.40	
		$	63,366.40	

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

VOID CHECK	******INVALID VENDOR	NUMBER******	.00	000004	
- - - - - - - -	- - - - -	- - - - - - - - - - - - - - - - - - - - - - - - -	- - - - - - -	-	- -	-	-	-	-	-	- - - - -	-	-	- - -	- - -	
7/28/25 00001	4/01/25	1	202504 310-51300-34000	*	3,333.33	
MANAGEMENT FEES-APR25	
5/01/25	2	202505 310-51300-34000	*	3,333.33	
MANAGEMENT FEES-MAY25	
5/01/25	2	202505 310-51300-51000	*	.45	
OFFICE SUPPLIES	
5/01/25	2	202505 310-51300-42000	*	3.84	
POSTAGE	
5/01/25	2	202505 310-51300-48000	*	122.50	
AMEX STMT CLOSING 4/25	
6/01/25	3	202506 310-51300-34000	*	3,333.33	
MANAGEMENT FEES-JUN25	
6/01/25	3	202506 310-51300-35200	*	100.00	

7/28/25 99999	7/28/25 VOID	202507 000-00000-00000	C	.00

WEBSITE MANAGEMENT-JUN25
6/01/25 3	202506 310-51300-35100	*	150.00
INFORMATION TECH-JUN25
6/01/25 3	202506 310-51300-51000	*	3.01
OFFICE SUPPLIES
6/01/25 3	202506 310-51300-42000	*	30.31
POSTAGE
7/01/25 4	202507 310-51300-34000	*	3,333.33
MANAGEMENT FEES-JUL25
7/01/25 4	202507 310-51300-35100	*	150.00
INFORMATION TECH-JUL25
7/01/25 4	202507 310-51300-51000	*	.06
OFFICE SUPPLIES
7/01/25 4	202507 310-51300-42000	*	25.79
POSTAGE
7/01/25 4	202507 310-51300-51000	*	54.31
SIMPLE STAMPS
GOVERNMENTAL MANAGEMENT SERVICE-CF	13,973.59 000005
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/28/25 00002	5/16/25 12200-A	202501 310-51300-31500	*	564.50
ATTORNEY SVCS-JAN25
5/16/25 12200-B	202503 310-51300-31500	*	4,019.50 ATTORNEY SVCS-MAR25
5/16/25 12200-C	202504 310-51300-31500	*	4,337.02 ATTORNEY SVCS-APR25
6/13/25 12347	202505 310-51300-31500	*	1,911.25
ATTORNEY SVCS-MAY25
7/12/25 12581	202506 310-51300-31500	*	161.50
ATTORNEY SVCS-JUN25
KILINSKI	VAN WYK PLLC	10,993.77 000006
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DRES DAVIS RESERVE	KCOSTA

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

300-20700-10200	*	4,482.00	
300-20700-10200	*	539.00	
300-20700-10200	*	8,708.82	

7/29/25 00002	5/16/25 12201	202507
031 FR#1
5/16/25 12202	202507
031 FR#1
6/13/25 12348	202507
031 FR#1
KILINSKI	VAN WYK PLLC	13,729.82 000007
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/13/25 00003	8/03/25 JULY2025 202507 310-51300-48000	*	235.00
NOT OF PUBLIC HEAR 7/23
CITRUS CO CHRONICLE	235.00 000008
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/13/25 00001	8/01/25 5	202508 310-51300-34000	*	3,333.33
MANAGEMENT FEES-AUG25
8/01/25 5	202508 310-51300-35200	*	100.00
WEBSITE MANAGEMENT-AUG25
8/01/25 5	202508 310-51300-35100	*	150.00
INFORMATION TECH-AUG25
8/01/25 5	202508 310-51300-51000	*	.06
OFFICE SUPPLIES
8/01/25 5	202508 310-51300-42000	*	1.39
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICE-CF	3,584.78 000009
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/13/25 00002	8/11/25 12839	202507 310-51300-31500	*	479.00
ATTORNEY SVCS-JUL25
KILINSKI	VAN WYK PLLC	479.00 000010
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/15/25 00005	9/11/25 29145	202509 300-15500-10000	*	5,000.00
FY26 INSURANCE POLICY
EGIS INSURANCE & RISK ADVISORS	5,000.00 000011
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/15/25 00001	9/01/25 6	202509 310-51300-34000	*	3,333.33
MANAGEMENT FEES-SEP25
9/01/25 6	202509 310-51300-35200	*	100.00
WEBSITE MANAGEMENT-SEP25
9/01/25 6	202509 310-51300-35100	*	150.00
INFORMATION TECH-SEP25
9/01/25 6	202509 310-51300-51000	*	2.56
OFFICE SUPPLIES
9/01/25 6	202509 310-51300-42000	*	1.49
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICE-CF	3,587.38 000012
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/15/25 00002	9/13/25 13030	202508 310-51300-31500	*	1,021.00
ATTORNEY SVCS-AUG25
KILINSKI	VAN WYK PLLC	1,021.00 000013
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
DRES DAVIS RESERVE	KCOSTA

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/18/25 00001	7/01/25 4	202507 310-51300-35200	*	100.00
WEBSITE MANAGEMENT-JUL25

- - - - - - - - - - - - - - - - -
9/26/25 00002	7/12/25 12582
031 FR#2
8/11/25 12840
031 FR#2
8/11/25 12841
031 FR#2

GOVERNMENTAL MANAGEMENT SERVICE-CF	100.00 000014

202509	300-20700-10200	*	423.02	
202509	300-20700-10200	*	966.50	

- - - - - - - - - - - - - - - -	- - - - - - - - - - -	-	-	- -	-	-	-	-	-	- - - - -	
202509 300-20700-10200				*						4,751.45	

- - - - - - - -

KILINSKI	VAN WYK PLLC	6,140.97 000015

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/01/25 00003	9/28/25 30050057 202509 310-51300-48000	*	35.21
NOT OF BOS MTG-09/24/25
CITRUS CO CHRONICLE	35.21 000016
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/06/25 00007 10/01/25 10014	202509 310-51300-31100	*	150.00
ENGINEERING SVCS-SEP25
BURRELL ENGINEERING, INC	150.00 000017
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/14/25 00006 10/01/25 93867	202510 310-51300-54000	*	175.00
SPECIAL DISTRICT FEE FY26
FLORIDA DEPARTMENT OF COMMERCE	175.00 000018
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/14/25 00002 10/10/25 13251	202509 310-51300-31500	*	269.50

	KILINSKI	VAN WYK PLLC																	269.50	000019	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - -	- - - - - - -	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	-	- - - -	- - -	
10/24/25 00002	9/13/25 13031	202510 300-20700-10200										*						306.50				
	KILINSKI	VAN WYK PLLC																	306.50	000020	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - -	- - - - - - -	-	-	-	-	-	-	-	-	- -	-	-	-	-	-	- - - - -	-	- - - -	- - -	
10/24/25 00001	10/01/25 7	202510 310-51300-34000										*						3,333.33				
	MANAGEMENT FEES-OCT25																				
	10/01/25 7	202510 310-51300-35200										*						100.00				
	WEBSITE MANAGEMENT-OCT25																				
	10/01/25 7	202510 310-51300-35100										*						150.00				

ATTORNEY SVCS-SEP25

031 FR#3

INFORMATION TECH-OCT25
10/01/25 7	202510 310-51300-51000	*	.06
OFFICE SUPPLIES
10/01/25 7	202510 310-51300-42000	*	1.49
POSTAGE
GOVERNMENTAL MANAGEMENT SERVICE-CF	3,584.88 000021
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	63,366.40 DRES DAVIS RESERVE	KCOSTA

CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

TOTAL FOR REGISTER	63,366.40

DRES DAVIS RESERVE	KCOSTA

Section 2

Davis Reserve
Community Development District

Unaudited Financial Reporting
September 30, 2025

Table of Contents

	Balance Sheet

	General Fund

	Capital Projects Fund

	Month to Month

Combined Balance Sheet September 30, 2025

	General Fund	Capital Projects Fund	Totals Governmental Funds	
Assets:
Cash:
Operating Account	

$	16,158	

$	-	

$	16,158	
Due from Developer	$	-	$	585	$	585	
Prepaid Expenses	$	5,000	$	-	$	5,000	
Total Assets	$	21,158	$	585	$	21,743	
Liabilities:
Accounts Payable	
$	455	
$	-	
$	455	
Contracts Payable	$	-	$	585	$	585	
Total Liabilites	$	455	$	585	$	1,039	
Fund Balance:
Unassigned	
$	20,703	
$	-	
$	20,703	
Total Fund Balances	$	20,703	$	-	$	20,703	
				
Total Liabilities & Fund Balance	$	21,158	$	585	$	21,743	

1

General Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending September 30, 2025

	Proposed	Prorated Budget	Actual		
	Budget	Thru 09/30/25	Thru 09/30/25	Variance	

Revenues:					
Developer Contributions	$	385,418	$	385,418	$	61,750	$	(323,668)	
Total Revenues	$	385,418	$	385,418	$	61,750	$	(323,668)	

Expenditures:					
General & Administrative: 					
Supervisor Fees	$	12,000	$	12,000	$	-	$	12,000	
Employee FICA Expense	$	918	$	918	$	-	$	918	
Engineering	$	15,000	$	15,000	$	150	$	14,850	
Attorney	$	25,000	$	25,000	$	12,763	$	12,237	
Arbitrage	$	450	$	450	$	-	$	450	
Dissemination	$	5,000	$	5,000	$	-	$	5,000	
Trustee Fees	$	4,500	$	4,500	$	-	$	4,500	
Management Fees	$	40,000	$	40,000	$	20,000	$	20,000	
Information Technology	$	1,800	$	1,800	$	600	$	1,200	
Website Maintenance	$	2,950	$	2,950	$	2,150	$	800	
Postage & Delivery	$	1,000	$	1,000	$	63	$	937	
Insurance	$	5,000	$	5,000	$	2,493	$	2,507	
Copies	$	1,000	$	1,000	$	-	$	1,000	
Legal Advertising	$	15,000	$	15,000	$	2,393	$	12,607	
Other Current Charges	$	5,000	$	5,000	$	224	$	4,776	
Office Supplies	$	625	$	625	$	60	$	565	
Dues, Licenses & Subscriptions	$	175	$	175	$	150	$	25	
Total General & Administrative	$	135,418	$	135,418	$	41,047	$	94,371	
Operations & Maintenance 
Field Contingency	
$	250,000	
$	250,000	
$	-	
$	250,000	
Total Operations & Maintenance	$	250,000	$	250,000	$	-	$	500,000	
					
Total Expenditures	$	385,418	$	385,418	$	41,047	$	811,883	
					
Excess (Deficiency) of Revenues over Expenditures	$	-		$	20,703		
					
Fund Balance - Beginning	$	-		$	-		
					
Fund Balance - Ending	$	-		$	20,703		

2

Capital Projects Fund
Statement of Revenues, Expenditures, and Changes in Fund Balance
For The Period Ending September 30, 2025

	Adopted	Prorated Budget	Actual		
		Budget	Thru 09/30/25	Thru 09/30/25	Variance	

Revenues:					
Interest	$		-	$	-	$	-	$	-	
Total Revenues	$		-	$	-	$	-	$	-	

Expenditures:					
Capital Outlay	$		-	$	-	$	1,212,819	$	(1,212,819)	
Capital Outlay - Cost of Issuance	$		-	$	-	$	19,489	$	(19,489)	
Total Expenditures	$		-	$	-	$	1,232,307	$	(1,232,307)	
					
Excess (Deficiency) of Revenues over Expenditures	$		-	$	(1,232,307)		

Other Financing Sources/(Uses): 					
Developer Advances	$		-	$	-	$	1,232,307	$	1,232,307	
Total Other Financing Sources/(Uses)	$		-	$	-	$	1,232,307	$	1,232,307	
					
Net Change in Fund Balance	$		-	$	-		
					
Fund Balance - Beginning	$		-	$	-		
					
Fund Balance - Ending	$		-	$	-		

3

Davis Reserve
Community Development District Month to Month

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

Revenues:

Developer Contributions

$	-  $

-  $	-  $

-  $	-  $

21,750  $	-  $

-  $	20,000  $

-  $	20,000  $

-  $	61,750

Total Revenues	$	-  $	-  $	-  $	-  $	-  $	21,750  $	-  $	-  $	20,000  $	-  $	20,000  $	-  $	61,750

Expenditures:

General & Administrative: 

Supervisor Fees Employee FICA Expense Engineering
Attorney Arbitrage Dissemination Trustee Fees Management Fees
Information Technology Website Maintenance Postage & Delivery Insurance
Copies
Legal Advertising Other Current Charges Office Supplies
Dues, Licenses & Subscriptions

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

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

-  $
-  $
-  $
565  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $
-  $

-  $	-  $
-  $	-  $
-  $	-  $
-  $	4,020  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $
-  $	-  $

-  $
-  $
-  $
4,337  $
-  $
-  $
-  $
3,333  $
-  $
-  $
-  $
2,493  $
-  $
2,001  $
-  $
-  $
-  $

-  $
-  $
-  $
1,911  $
-  $
-  $
-  $
3,333  $
-  $
1,750  $
4  $
-  $
-  $
123  $
-  $
0  $
-  $

-  $
-  $
-  $
162  $
-  $
-  $
-  $
3,333  $
150  $
100  $
30  $
-  $
-  $
-  $
-  $
3  $
150  $

-  $
-  $
-  $
479  $
-  $
-  $
-  $
3,333  $
150  $
100  $
26  $
-  $
-  $
235  $
-  $
54  $
-  $

-  $
-  $
-  $
1,021  $
-  $
-  $
-  $
3,333  $
150  $
100  $
1  $
-  $
-  $
-  $
107  $
0  $
-  $

-  $
-  $
150  $
270  $
-  $
-  $
-  $
3,333  $
150  $
100  $
1  $
-  $
-  $
35  $
117  $
3  $
-  $

-
- 150
12,763
-
-
- 20,000
600
2,150
63
2,493
- 2,393
224
60
150

Total General & Administrative	$	-  $	-  $	-  $	565  $	-  $	4,020  $	12,164  $	7,121  $	3,928  $	4,377  $	4,713  $	4,159  $	41,047

Operations & Maintenance 
Field Contingency

$	-  $

-  $	-  $

-  $	-  $	-  $	-  $

-  $	-  $	-  $

-  $	-  $	-

Excess (Deficiency) of Revenues over Expenditures	$	-  $	-  $	-  $	(565)  $	-  $	17,731  $	(12,164)  $	(7,121)  $	16,072  $	(4,377)  $	15,287  $	(4,159)  $	20,703

Total Expenditures	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	41,047

Total Operations & Maintenance	$	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-  $	-

4