University Park Recreation District
3501 Quadrangle Blvd., Suite 270, Orlando, FL 32817	Phone: 407-723-5900 Fax: 407-723-5901
http://universityparkrd.com/

The Rescheduled Board Meeting of the Board of Supervisors of University Park Recreation District will be held on Tuesday, May 21, 2024, at 10:00 AM at the Business Offices located at 8301 The Park Boulevard, University Park, FL 34201 and or virtually.
Meeting ID: 845 8893 8513	Passcode: 755354
Join meeting via Zoom:
https://us02web.zoom.us/j/84588938513?pwd=eUE4Q3BTNGVLNXBsOGViRXk1cWo2QT09

BOARD OF SUPERVISORS’ MEETING AGENDA
Organizational Matters
Call to Order
Roll Call to Confirm Quorum
Public Comment Period [for any members of the public desiring to speak on any proposition before the Board]

Administrative Matters
Consideration of the Minutes of the April 2, 2024, Board of Supervisors’ Workshop Meeting
Consideration of the Minutes of the April 12, 2024, Board of Supervisors’ Meeting
Consideration of the Minutes of the April 30, 2024, Board of Supervisors’ Workshop Meeting

Staff Report Matters
District Counsel
District Manager
Club Management
Management Discussion & Analysis Report
Business Matters
Continued Public Hearing on the Adoption of Revision to the Rules & Regulations
Consideration of Resolution 2024-15, Adopting Revision to the Rules & Regulations (under separate cover)
Public Hearing on the Adoption of Membership Caps and Initiation Fees
Consideration of Resolution 2024-16, Adopting Membership Caps and Initiation Fees (under separate cover)

Consideration of Resolution 2024-17, Approving a Preliminary Enterprise Fund (Country Club) Budget for Fiscal Year 2025 and Setting a Public Hearing Date [Suggested Date, August 9, 2024]
Consideration of Resolution 2024-18, Approving a Preliminary General Fund Budget for Fiscal Year 2025 and Setting a Public Hearing Date [Suggested Date, August 9, 2024]
Review and Consideration of Architectural/Engineering RFQ Responses (under separate cover)
Update on Bond Validation Hearing
Update on Bond Anticipation Notice

District Financial Matters
Ratification of Payment Authorization Nos. 116 & 117

Date	Meeting Type	Time	Location	Note	
June 4, 2024	Workshop Meeting and Board Meeting	2:00 PM	University Park	Business Offices	
June 14, 2024	Board Meeting	1:00 PM	University Park	Business Offices	

Supervisor Requests & Comments

Adjournment

University Park Recreation District

Consideration of the Minutes of the April 2, 2024
Board of Supervisors’ Workshop Meeting

MINUTES OF MEETING
UNIVERSITY PARK RECREATION DISTRICT WORKSHOP MEETING
Tuesday, April 2, 2024
2:00 p.m.
The Business Offices
8301 The Park Boulevard, University Park, FL 34201
Board Members present at roll call in person or via phone: Sally Dickson	Chairperson
Mark Criden	Vice Chairperson	(via Zoom) Steve Ludmerer	Treasurer/2nd Vice Chairperson
David Murphy	Assistant Secretary Also, Present in person or via phone:
Vivian Carvalho	District Manager - PFM Group Consulting LLC Kwame Jackson	ADM - PFM Group Consulting LLC	(via Zoom) Venessa Ripoll	PFM Group Consulting LLC	(via Zoom) Mark Barnebey	District Counsel- Blalock Walters
Curtis Nickerson	Director of Properties and Facilities - Country Club John Fetsick	General Manager - Country Club
Various Audience Members via Zoom

FIRST ORDER OF BUSINESS	Organizational Matters Call to Order and Roll Call
The meeting was called to order at 2:01 p.m. by Ms. Dickson, and Ms. Carvalho confirmed quorum to proceed with the meeting. Those in attendance are outlined above.

Public Comments

A homeowner made a request for information to be included in the March 22, 2024, Board of Supervisors’ meeting minutes. The homeowner also asked about payments to Manatee County Sheriff’s Department.

It was explained that the payments to Manatee County Sheriff’s Department are made through the Enterprise Fund.

A homeowner asked about the number of current trial memberships.

SECOND ORDER OF BUSINESS	Discussion

Rules	&	Regulations, Revision to the Bylaws

and	Establishment	of Grievance Committee

Mr. Ludmerer reviewed the edits and amendments to the wording of the documents.

There was discussion about reducing the time allotted, or eliminating the provision, for persons to walk the golf course.
Mr. Ludmerer noted that the Club is considering the formation of a Grievance Committee. He noted that someone is needed to keep records to ensure that the Grievance Committee Meeting and operations are conducted in a timely manner. The agreement coming out of discussions is to use a staff member.
There was discussion about the roles of the appointed staff member. It was determined that this person will hold a non-leadership and non-voting position.
There was discussion about the roles, responsibilities, and authority of the Grievance Committee.

Mr. Fetsick provided an overview of the proposed structure of handling grievances with the participation of and advice given by the advisory group.
Mr. Ludmerer will revise the document for further review and consideration by the Board.

There was discussion about the allowance and restriction of service animals and pets in areas.
There was discussion about attire for the golf course and for dining, and the consistency with the wording throughout the documents.
There was discussion about slow play on the golf course and warnings by the rangers.

Ms. Dickson noted that golf carts outfitted for street transportation should not be allowed on the golf course.
There was discussion about a specific age when referring to a minor in the documents. There was discussion about the volume of the music in the fitness center.

Policies and Procedures Related to Membership Waitlist

Mr. Fetsick reviewed the policies and procedures related to the full golf membership waitlist.

He noted that there needs to be a decision on a waitlist application. He also noted that the waitlist is an unofficial and preliminary waitlist, and all persons on the waitlist know that it is awaiting approval by the Board and is subject to change.
Mr. Fetsick noted that coming out of a discussion with the Golf Advisory Group, a decision needs to be made about proposed non-refundable application fee and initiation fee/deposit.

There was discussion about fees and refundability.
Mr. Murphy expressed interest in a survey and analysis of full memberships year over year to

support the approach to managing the waitlist.
There was discussion about the allowances and restrictions of waitlisted persons. There was discussion about the ability to reassign membership.

THIRD ORDER OF BUSINESS	Adjournment

There were no additional items to come before the Board.

ON MOTION by Ms. Dickson, with all in favor, the April 2, 2024, Workshop Meeting of University Park Recreation District was adjourned at 3:51 p.m.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

University Park Recreation District

Consideration of the Minutes of the April 12, 2024
Board of Supervisors’ Meeting

MINUTES OF MEETING

UNIVERSITY PARK RECREATION DISTRICT BOARD OF SUPERVISORS’ MEETING
Friday, April 12, 2024
1:00 p.m.
The Business Offices
8301 The Park Boulevard, University Park, FL 34201
Board Members present at roll call in person or via phone: Sally Dickson	Chairperson
Mark Criden	Vice Chairperson
Steve Ludmerer	Treasurer/2nd Vice Chairperson David Murphy	Assistant Secretary
Rusty Piersons	Assistant Secretary Also, Present in person or via phone:

Vivian Carvalho	District Manager - PFM Group Consulting LLC	
Kwame Jackson	ADM - PFM Group Consulting LLC	(via Zoom)	
Venessa Ripoll	PFM Group Consulting LLC	(via Zoom)	
Brent Wilder	PFM Financial Advisors	(via Zoom)	
Mark Barnebey	District Counsel- Blalock Walters		
John Fetsick	General Manager - Country Club		
Various audience members in person and via Zoom

FIRST ORDER OF BUSINESS	Organizational Matters Call to Order and Roll Call
The meeting was call to order at 1:00 p.m. by Ms. Dickson and Ms. Carvalho confirmed quorum to proceed. Those in attendance are outlined above.

The Board proceeded with the Pledge of Allegiance.

Public Comments

A homeowner had comments about the audited financial statements.

It was noted that the auditing firm will make a presentation on the audited financial report during the meeting.

A homeowner provided comments, attached as Exhibit A, related to the proposed non- resident membership cap.

SECOND ORDER OF BUSINESS	Administrative Matters

Acceptance of Fiscal Year 2023 Audited Financial Statements

Mr. Nathan Phillips of the Phillips Harvey Group, P.A. provided a detailed summary of the audit report. He noted that there were no compliance concerns to report. He also noted that the Country Club has shown an increase in net worth and is doing well overall.

ON MOTION by Mr. Ludmerer, seconded by Mr. Criden, with all in favor, the Board accepted the Fiscal Year 2023 Audited Financial Statements.

Review and Consideration of Short-Term Financing RFP Results

Mr. Ludmerer introduced the item and provided an overview of the how the District’s cash flow would not cover the financing of the irrigation project. He noted that the financing of the irrigation project is to be covered by the Series 2024 Bonds and the bond validation process is expected to be completed by June 2024. He further explained that if the bond validation process is not completed by that time, the funding of the irrigation project would need to be covered by another means. An RFP for a bond anticipation note (BAN) was approved by the Board during the March 22, 2024, meeting and Regions Capital Advantage Inc. responded with a proposal for a $5 million dollars for a term of two-years for the bond anticipation note (BAN).

Mr. Ludmerer provided further details on the financial obligations of the BAN and the planned timeline.

Mr. Wilder noted that the District’s strong financial position allowed for the competitive proposal by Regions Capital Advantage Inc.

Mr. Ludmerer explained that if the District does not proceed with the BAN there would be minimal costs incurred for this application process.

ON MOTION by Mr. Ludmerer, seconded by Mr. Criden, with all in favor, the Board accepted the proposal dated April 1, 2024, submitted by Regions Capital Advantage Inc. for the purchase of a two-year bond anticipation note providing interim funding, subject to further detailed negotiations and approval, based on input from the District’s General Manager, District Counsel, Bond Counsel and Financial Advisor.

Consideration of the Minutes of the February 27, 2024, Board of Supervisors’	Workshop Meeting and the Minutes of the March 22, 2024, Board of Supervisors’ Rescheduled Meeting
The Board reviewed the minutes.

ON MOTION by Mr. Criden, seconded by Mr. Murphy, with all in favor, the Board approved the Minutes of the February 27, 2024, Board of Supervisors’ Workshop Meeting and the Minutes of the March 22, 2024, Board of Supervisors’ Rescheduled Meeting.

THIRD ORDER OF BUSINESS	Staff Report Matters

District Counsel – Mr. Barnebey provided advice about handling District matters and personal social media accounts, including the use of a disclaimer on personal accounts by the Board Members. He referenced a matter currently before the Supreme Court.

Mr. Barnebey also gave an update on the DRI and development amendments. He noted that a study was done by a consultant and an approach is being looked at.

District Manager – Ms. Carvalho reminded the Board that the May meeting has been rescheduled from May 10 to May 21, 2024, and the proposed FY 2025 budget will be discussed.

Mr. Barnebey asked that the June 4, 2024, Workshop meeting also be a Board meeting.

Mr. Ludmerer asked that a May 2024 Workshop Meeting be scheduled. The date will be determined.

Club Management (Management Discussion & Analysis Report) – Mr. Fetsick stated that they are approaching the end of the high season. He noted that this season has seen the highest ever numbers of members and events, live entertainment for the first time and many sold out events. He thanked the members and the staff.

Mr. Fetsick noted that Sydney Johnson has been hired as the new Director of Communications and will focus primarily on Business & Strategic Planning Communications.

He said that they continue the search for a new executive chef and Chef Roger continues to lead the culinary operations. It was a very successful Easter Weekend with over 900 members and guests served over three-day weekend.

Mr. Fetsick explained that the golf cart fleet lease expires this year. Mr. Nickerson and other team members tested options for the next fleet, and one was selected. The swap will happen during Fall.

The new windscreens have been installed on the tennis courts and more are being ordered for the pickleball courts.

The Country Club full membership is 446, unofficial non-resident waitlist is at 17, racquets membership is 112, social membership is 785. The selling of social non-resident membership has been temporarily discontinued. There are 141 grandfathered non-members and 221 grandfathered members. Of the 1,433 overall memberships, 306 are non-residents.

Mr. Fetsick gave a detailed overview of the Country Club’s statement of operations up to February 29, 2024. Year to date actual for the five months is favorable to budget at $5.6 million food and beverage operations are unfavorable to budget, primarily due to kitchen labor costs, linens, and cost of goods sold. Mr. Fetsick noted he intends on implementing a quarterly benchmark report in comparison to its competition.

Golf operations are unfavorable to budget. Mr. Fetsick noted that there were 16 fewer member rounds and 796 fewer outside rounds in March compared to March 2023. There have been 3,765 fewer rounds year to date compared to the corresponding period in 2023. This is attributed to the impact of weather and an associated shift to more play by members than public.

Mr. Fetsick gave a brief overview of the ongoing irrigation project and noted that it is progressing well with little impact on play.
There was a short discussion about the recent storm and any damage to property. Mr. Fetsick provided an update on the reservation software.

FOURTH ORDER OF BUSINESS	Business Matters

Consideration of Resolution 2024-14, Ratifying the Manatee County Election Results Related to the Charter Amendments

Mr. Barnebey noted that the final vote was 558 in favor and 116 opposed, representing an 82% yes vote.

ON MOTION by Mr. Criden, seconded by Mr. Ludmerer, with all in favor, the Board approved Resolution 2024-14, Ratifying the Manatee County Election Results Related to the Charter Amendments.

Public Hearing on the Adoption of Revision to the Bylaws, Rules &	Regulations,	and Establishment of Grievances Committee

Ms. Dickson opened the Public Hearing.

Mr. Ludmerer provided an overview of the documents and edits made.

Mr. Barnebey noted that for the benefit of the public, with the documents not having been provided for public view prior to the Public Hearing, no action will be taken by the Board and the Public Hearing will be continued to the next Board meeting on May 21, 2024.

There was discussion about the proposed edits.

A homeowner asked about meeting minutes not included in the preliminary agenda packet.

Ms. Carvalho explained that items are placed on the agenda ‘under separate cover’ while being finalized and the agenda is updated with the finalized documents.

There were no further comments by the public.

ON MOTION by Mr. Criden, seconded by Mr. Murphy, with all in favor, the Board continued the Public Hearing to May 21, 2024, at 10:30 a.m. at The Business Offices
8301 The Park Boulevard, University Park, FL 34201.

The edits will be further discussed during the upcoming Board Workshop Meeting.

Consideration of Resolution 2024-15, Adopting Revision to the Bylaws, Rules & Regulations, and Establishment of Grievances Committee

This item was deferred to the May 21, 2024, Board of Supervisors’ Meeting.

Update on May Public Hearings
Membership Caps
Membership	Initiation Fees

Mr. Fetsick noted that the Public Hearings will occur during the May 21, 2024, Board of Supervisors’ Meeting. He asked that a Board Workshop Meeting will be held in May to discuss the proposed membership caps and initiation fees prior to the Public Hearing.

Update on Mr. Pizzi’s Claim

Mr. Barnebey noted that counsel for Mr. Pizzi has suggested trying to resolve the matter without going to litigation and provided a proposed settlement dollar amount.

There was discussion about Mr. Pizzi’s participation and the proposed settlement through compensation. It was noted that the understanding of the Board was that Mr. Pizzi was acting in a volunteer role.

ON MOTION by Mr. Ludmerer, seconded by Mr. Criden, with all in favor, the Board decided to decline the monetary compensation offer request from Mr. Pizzi.

District Counsel will relay the message to Mr. Pizzi’s attorney accordingly.

Consideration of Addendum to Turf Equipment Proposal

Mr. Fetsick noted that Mr. Nickerson has been speaking with the two financing providers that the Club works with, PNC and Huntington National Bank. PNC leases are used for equipment that is kept for more than four years, whereas Huntington lease are used for equipment that is turned over in less than four years.

He noted that District Counsel’s office produced the addendum for each of the two lease terms that specify requirements of vendors related to the Recreation District.

ON MOTION by Mr. Ludmerer, seconded by Mr. Criden, with all in favor, the Board approved the addendum to the Turf Equipment Proposal.

FIFTH ORDER OF BUISNESS	District Financial Matters

Ratification	of	Payment Authorization Nos. 114 & 115

Mr. Fetsick reviewed the payment authorizations for the Board.

ON MOTION by Mr. Criden, seconded by Mr. Murphy, with all in favor, the Board ratified Payment Authorization Nos. 114 & 115.

Supervisor	Requests	& Comments

Ms. Dickson noted that April 30, 2024, at 2:00 p.m. will be the next Workshop Meeting. May 21, 2024, at 10:00 a.m. will be the Rescheduled Board Meeting and Public Hearings. The June 4, 2024, at 2:00 p.m. will be a Workshop Meeting and a Board Meeting. A date will be determined for a May Workshop Meeting prior to May 21, 2024. Mr. Jackson will send the email to the Board requesting their availability for an additional workshop meeting.

Mr. Criden noted that he and Mr. Fetsick have been working with Mr. Baumier on the RFQ for architectural services which will be published for responses to be submitted by May 15, 2024.

Mr. Murphy suggested that any materials related to agenda items should be provided at least two business days prior to the meeting date to allow for review.

SIXTH ORDER OF BUSINESS	Adjournment

There were no further comments at this time.

ON MOTION by Mr. Criden, seconded by Mr. Murphy, with all in favor, the April 12, 2024, Board of Supervisors’ Meeting of University Park Recreation District was adjourned at 2:59 p.m.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

Comments to UPRD Board Mtg
4/12/2024
Good Afternoon:

My name is Dick Tuley. My wife, Connie, and I moved into University Park in December of 1995 and immediately became Full Members of the County Club. We lived in the park for 25 years until 2020 when a series of life changes caused us to leave the Park and we became Non-Resident  Members.

. With that short background, today I would like to offer comments on what I understand is a pending change that will cap the number of Non-Resident

Members. I believe there are some other options that might make that change un­ necessary or not optimal and I would like to encourage the Board to study at least one other idea, and I would like to quickly review this with you today.

As the membership here ages, there have become and will continue to become a number of Full Golf Members who would like to retain their membership but do not want to play enough golf to justify the cost. These members use the golf course less and perhaps the food & Beverage options more - a great combination. Why not offer a senior membership rewarding those older and longer members of the

club and offering a reduction in Dues to encourage our senior members to retain their full club membership. This can be modeled easily to come up with the right numbers but perhaps starting with the age and years a member equaling, say 100, for a 50% Dues reduction. Maybe the number is 105 but the analytics can help make that determination. Putting a cap on the number of Senior Memberships allows for good planning and control.

What a wonderful way to maintain Full Golf Members who don't play much golf but probably eat and drink frequently and have supported this Club for a long time.

I know this sounds self-serving and it probably is, but I know of many members here that would support such a plan. And, many other clubs have done this with remarkable results. Black Diamond Ranch near Crystal River has such a program and they are one of the preeminent clubs on the west coast of Florida.

Please ask Management to give this some thought, model the program, study the analytics and use that result as an option when considering changes to the membership levels.

Thanks very much.

University Park Recreation District

Consideration of the Minutes of the April 30, 2024,
Board of Supervisors’ Workshop Meeting

MINUTES OF MEETING
UNIVERSITY PARK RECREATION DISTRICT WORKSHOP MEETING
Tuesday, April 30, 2024
2:00 p.m.
The Business Offices
8301 The Park Boulevard, University Park, FL 34201
Board Members present at roll call in person or via phone: Sally Dickson	Chairperson
Steve Ludmerer	Treasurer/2nd Vice Chairperson David Murphy	Assistant Secretary
Rusty Piersons	Assistant Secretary Also, Present in person or via phone:

Venessa Ripoll	PFM Group Consulting LLC	(via Zoom)	
Mark Barnebey	District Counsel- Blalock Walters		
John Fetsick	General Manager - Country Club		
Various Audience Members Present and via Zoom

FIRST ORDER OF BUSINESS	Organizational Matters Call to Order and Roll Call
The meeting was called to order at 2:00 p.m. by Ms. Dickson, and Ms. Ripoll confirmed quorum to proceed with the meeting. Those in attendance are outlined above.

Public Comments

A homeowner representing the Men’s Golf Association made comments and provided information about proposed park benches within the community to memorialize individuals.

Board Members expressed support for the proposal for benches and advised that the Board would speak with UPCAI.

A homeowner proposed adding bike lanes.

SECOND ORDER OF BUSINESS	Discussion

UPCC Financial and Operational Review – A Report to Our Stakeholders

Mr. Fetsick provided an introduction and an overview of the presentation. He noted that there are 315 resident full members and 130 non-resident full members. There are approximately 17 people on the non-resident waitlist. New non-resident social memberships have been

discontinued and membership caps for non-resident full memberships are being considered and will be addressed during the public hearing on May 21, 2024.
Mr. Fetsick detailed the factors that has led to the increase in full membership from 355 in 2021 to 445 currently. He noted a small decrease in racquet memberships and an increase in social memberships.

Mr. Fetsick provided an overview of the annual dues for family membership which has shown an increase in full memberships and social memberships, and a small decrease in racquets.
Mr. Fetsick detailed operating revenues, providing comparisons over a three-year period to 2023, and the six months ending 3/31/2024, showing a steady increase. He noted the factors that influenced the growth. He provided details on the operating results for fiscal year FY 2023 & FY 2024 compared to the 2023 benchmark showing the areas of net margin, payroll and administration. UPCC has an operating margin of 11% vs. the area benchmark of 5%, payroll as a % of operating revenue is 50% vs. a benchmark of 56% and G&A expense is 13%, consistent with the area benchmark.
Mr. Fetsick gave an overview of dining revenue, which is exceeding the budget. He detailed the dining operations, showing labor favorable the benchmark and cost of goods sold unfavorable.

There was discussion about dining operations.
Mr. Fetsick reviewed golf course maintenance expenses for the Board and audience, from FY 2021 to FY 2023, noting the high level of the course despite the maintenance costs being below the industry benchmark. He noted the work of Mr. Nickerson and the team.

Mr. Fetsick detailed the capital income of the UPCC from FY 2020 – 2023, compared to the industry benchmark. Showing increase in both capital income and the benchmark, with the rate of increase of capital income growth exceeding that of the benchmark.

There was discussion about the capital income growth of the club.

Mr. Fetsick outlined the estimated future capital needs over 20 years, at five-year intervals. He noted that items associated with the current Capital Improvement Plan are not included in this estimate.
There was discussion about the items covered.

Mr. Ludmerer introduced the presentation on strategic priorities and referenced the Mission and Vision statements. He reviewed the three areas of focus during FY 2023 (Membership, Facilities and Financial) and the associated accomplishments.

Mr. Ludmerer provided an overview of the four focus areas for FY 2024 (Membership, Facilities, Financial/Capital and Staffing). He detailed the planned activities for each focus area to achieve the goals of the club.
There was discussion about the presentation and communicating the information to the members and homeowners.
It was suggested that as additional workshop would be added prior to the public hearings on May 21, 2024.

THIRD ORDER OF BUSINESS	Adjournment

There were no additional items to come before the Board.

ON MOTION by Ms. Dickson, with all in favor, the April 30, 2024, Workshop Meeting of University Park Recreation District was adjourned at 3:42 p.m.

Secretary / Assistant Secretary	Chairperson / Vice Chairperson

University Park Recreation District

Staff Reports

University Park Recreation District

Management Discussion & Analysis Report

University Park Recreation District Management Discussion & Analysis Report As of April 30, 2024

Overview
The Club has officially turned the calendar into the off-season. Activity around the Club has waned a bit but we continue to receive support at events we are hosting.
Staffing
I am pleased to announce the hire of Justin Sears as our new Executive Chef, replacing the retiring Chef Roger Turtch. Justin comes to us from Lakewood Ranch Country Club which was recently purchased by Heritage Golf. The search for a new Executive Chef was led by Club Recruitment expert, GSI Executive Search. In addition, an Interview/Tasting Committee comprised of Board Members, Residents and Management assisted me in the selection process. Justin's selection was unanimous, and we look forward to Justin's arrival tentatively set for June 11, 2024. Chef Justin will oversee all day-to-day culinary operations.
Member Events/Dining
Since the last MD&A, we have held many events at the Club including the Seder Dinner (4/22), a Duckhorn Wine Dinner (4/27), a Kentucky Derby Party (5/4), the Mother’s Day Brunch (5/12)(serving 472 people…100+ over prior year) and the Drouhin Wine Dinner (5/16). All of these in addition to Bingo, Trivia, Theme Nights, etc. Special thanks to Rico, Dana, and the entire F&B Team for their efforts in wrapping up a successful season of events!
After initially reducing our Park Grille hours on certain days, we have largely returned to our “in-season” hours. We were initially trying to curtail the financial losses incurred during these slower times but also understand members want the Club available to them as much as possible. Please support the Club during these expanded hours as we balance member experience and fiscal prudence.
Golf, Racquets & Fitness
All “sport” activities have held end of season events including the Racquets Ball (4/13), MGA Closing Shotgun & Lunch (4/17), LGA Closing Shotgun & Lunch (4/23) and the 9-hole LGA Closing Shotgun & Lunch (4/25).
Despite these events, the sport activities remain active and busy, notably in the morning hours.

University Park Recreation District Management Discussion & Analysis Report As of April 30, 2024

Membership

Full	Racquet s	
Social	Soc /
Res - Cmty Reqrd	
Jr. Exec.	Change in Annual Mbrs	Trial Full	Trial Rac/Fit	Trial Fit/Soc	Trial Social	Sum Golf	Sum Tennis	Sum Dining	Change
in Other Mbrs	
2023 Totals		426	109	252	529	2	1318	19	2	4	7	0	0	0	32	
January		2	2	-1	-2	-1	0	9	1	-1	-1				8	
February		6	1	2	1		10	1	-2	-1	-2				-4	
March		10	1	0	0		11	-4	2	0	-2				-4	
April		5	1	1	7		14	-16	-1	1		55	18		57	
May	5/3	1	-1	-3	-2		-5	-8		-3	-1	16	2		6	
	5/17	3	0	-1	0		2		-1			11	3		13	
NEW	5/22	1					1									
Total Members	454	113	250	533	1	1351	1	1	0	1	82	23	0	108	
Add SAP		108	29				137									
Add AFP		18		27	111		156									
Add Range		2	13	26	30		71									
Add Tw i Ten				17	1		18									
Add Pickleball		3		8	49		60									
Total Passes		131	42	78	191	0	442									
*140 grandfathered non-members, 217 grandfathered members
**312 non-resident memberships
***Unofficial Full Membership waitlist of 18 as of 5/21/24

University Park Recreation District Management Discussion & Analysis Report As of April 30, 2024

Statements of Operations (as of March 31, 2024):

UNIVERSITY PARK COUNTRY CLUB & RD								
SIX MONTHS ENDING MARCH 31, 2024								
(in thousands)								
SUMMARY STATEMENT OF OPERATIONS		FY2024		FY2024		FY2024		
Description		YTD Actual		YTD Budget		YTD Variance		
								
REVENUE:								
MEMBERSHIP DUES		$	2,630		$	2,570		$	60		
GOLF OPERATIONS		2,349		2,392		(43)		
RACQUETS & FITNESS CENTRE		68		91		(23)		
DINING OPERATIOINS		1,929		1,889		40		
OTHER INCOME		7		4		4		
TOTAL REVENUE		$	6,984		$	6,946		$	38		
								
EXPENSES:								
GOLF OPERATIONS		$	826		$	869		$	(43)		
RACQUETS & FITNESS CENTRE		267		339		(72)		
DINING OPERATIONS		2,794		2,304		490	(a)	
GOLF COURSE MAINTENANCE		1,648		1,566		83	(b)	
GENERAL & ADMIN		1,057		1,115		(58)		
TOTAL DIRECT EXPENSES		$	6,593		$	6,193		$	400		
								
OPERATING INCOME/(LOSS)		$	391		$	753		$	(361)		
								
CAPITAL ALLOCATION:								
INITIATION FEES & OTHER		$	845		$	474		371		
OUTSIDE GOLF -CAPITAL ALLOCATION		171		185		(15)		
CAPITAL DUES		161		154		7		
TOTAL CAPITAL ALLOCATION		$	1,177		$	814		$	363		
$490k unfavorable to budget primarily due to kitchen labor costs, Food COGS, and Linens. The labor and linens are the result of the budget under-projecting the impact of additional days open, and events held. Benchmarking labor with other Clubs suggests we are within the median for this area. Our Food COGS are above the industry norm and talks are ongoing to curtail them.

$83k unfavorable to budget primarily due to the early completion of projects that are budgeted for in the summer. The weather over the winter restricted traditional maintenance of the golf course so Curtis reallocated labor to do projects scheduled for the summer. The budget will catch up to the expenses by July.

University Park Recreation District Management Discussion & Analysis Report As of April 30, 2024

Revenue Flash Report (as of April 30, 2024):

	April		YTD		
(in thousands)	Actual	Budget	Variance		Actual	Budget	Variance		
									
MEMBERSHIP DUES	$	463	$	431	$	32		$	3,093	$	3,001	$	92		
GOLF OPERATIONS	430	388	42		2,780	2,780	(0)		
RACQUETS & FITNESS	13	14	(2)		81	106	(25)		
DINING OPERATIONS	312	339	(27)		2,241	2,228	13		
OTHER INCOME	1	0	1		8	4	4		
TOTAL OPERATING REVENUE:	$	1,219	$	1,173	$	46		$	8,203	$	8,119	$	84		
									
CAPITAL ALLOCATION:									
INITIATION FEES & OTHER	$	165	$	4	$	161		$	1,011	$	478	$	532	(a)	
OUTSIDE GOLF -CAPITAL ALLOCATION	31	31	(0)		201	216	(15)		
CAPITAL DUES	30	27	3		191	181	10		
TOTAL CAPITAL ALLOCATION:	$	226	$	62	$	164		$	1,402	$	875	$	527		
									
TOTAL REVENUE:	$	1,445	$	1,235	$	210		$	9,606	$	8,994	$	611		
(a) New memberships (the basis for Initiation Fees and Membership Dues) have exceeded YTD Budget as outlined in the Membership section above.

Rounds of Golf (as of April 30, 2024):

	April		YTD	
	Actual	Budget	Variance		Actual	Budget	Variance	
								
Member Rounds	5,067	4,397	670		31,316	32,331	(1,015)	
Outside Rounds	3,121	3,535	(414)		20,947	23,170	(2,223)	
	8,188	7,932	256		52,263	55,501	(3,238)	
Rounds of Golf (as of April 30, 2023):

	April		YTD	
	Actual	Budget	Variance		Actual	Budget	Variance	
								
Member Rounds	4,704	4,485	219		32,310	32,040	270	
Outside Rounds	2,952	3,280	(328)		23,186	21,535	1,651	
	7,656	7,765	(109)		55,496	53,575	1,921	
Interesting stats:
3,233 fewer rounds YTD from 2024 to 2023 (2,239 being outside/994 members)
Weather impact and shift to more members than public play
Within budget in Golf Ops despite decrease in rounds.
Weather volatility is diminished with more reliance on Full Members than outside play.

University Park Recreation District

Continued Public Hearing on the Adoption of Revision to the Rules & Regulations

University Park Recreation District

Consideration of Resolution 2024-15, Adopting Revision to the Rules & Regulations

University Park Recreation District

Public Hearing on
the Adoption of Membership Caps and Initiation Fees

University Park Recreation District

Consideration of Resolution 2024-16, Adopting Membership Caps and Initiation Fees

University Park Recreation District

Consideration of Resolution 2024-17, Approving a Preliminary Enterprise Fund (Country Club) Budget for Fiscal Year 2025 and Setting a Public Hearing Date [Suggested Date, August 9, 2024]

UNIVERSITY PARK RECREATION DISTRICT FY 2025 BUDGET
(Oct’24 to Sept’25)
May 21, 2024

Key Assumptions- Membership Dues

	Family	Single	
	2025 Budget	2024 Actual	2025 Budget	2024 Actual	
Full Memberships	$	11,000	$	10,075	$	8,350	$	7,635	
Racquets Memberships	$	4,750	$	4,350	$	3,550	$	3,260	
Social Memberships	$	1,300	$	1,125	$	1,000	$	850	
Annual Dues Increases:
Full	9%	
Racquets	9%	
Social	15-17%	
Annual Full Membership capped at 440

Initiation Fees, Capital Funding, & Capital Dues
Initiation Fees:

	2025 Fees		2024 Fees	
	Resident	Non-Resident		Resident	Non-Resident	
Full	$	20,000	$	30,000		$	12,500	$	20,000	
Racquets	4,000	5,000		3,500	4,000	
Social/Resident	2,500	N/A		2,000	3,000	
Significant increase in full membership initiation fee
Continued Outside Golf Allocation (10%)
Capital Dues – Same %’s as 2023 & 2024
Resident- 5% of Dues
Non-Resident- 10% of Dues
Capital Dues and Initiation Fees remain competitive locally

Key Assumptions- Golf Operations
Golf Rounds
Prioritize member rounds and experience
More Full Members = fewer outside rounds

	2025 Budget	2023 Actual	
Member Rounds	49,147	50,611	
Outside Rounds	31,979	33,517	
Total	81,126	84,128	
Trail Fee Increase (2024 inc. Cart fee)

	2025 Fees		2024 Fees	
	Resident	Non-Resident		Resident	Non-Resident	
Single	$	1,750	$	2,650		$	1,600	$	2,400	
Family	2,200	3,300		2,000	3,000	
Added LPGA Pro

Key Assumptions- Dining Operations
No disruption due to Renovation of Kitchen Considered
Similar Hours of Operation to FY2024

Revenue increased nominally to reflect menu pricing increases
No consideration for non-member surcharge
Upside potential

Increased COGS & Labor as reflected in recent FY’s

Key Assumptions- Labor
No significant headcount increases/decreases
Excluding Golf Pro
Blended 3.5% increase for Salaried Employees
Hourly
Minimum Wage Increase
Discretionary increases generally around 3-4%
Total Payroll reflects 52% of Total Revenue, near industry standard

	FY'25 Budget		FY'24 Forecast		FY'24 Budget	
						
Audit	35		35		35	
						
District Counsel	70		107		70	
						
District Management	70		70		70	
						
All Other	79		65		75	
						
	254		277		250	

RESOLUTION 2024-17

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE UNIVERSITY PARK RECREATION DISTRICT APPROVING A PROPOSED PRELIMINARY COUNTRY CLUB 2024/2025 BUDGET AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the University Park Recreation District (“District”) was recently established by the Manatee County Commission, Florida, effective August 2, 2018; and

WHEREAS, in November, 2019, the District acquired the University Park Country Club (“Country Club”) and has begun operating and maintaining the Country Club; and

WHEREAS, the District Manager has prepared and submitted to the Board of Supervisors of the University Park Recreation District (the “Board”) the proposed operating budget for the Country Club Fiscal Year 2024/2025 (“Proposed Budget”); 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 UNIVERSITY PARK RECREATION DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager to the District Budget to provide a budget for the operation, maintenance, and capital improvement of the District for Fiscal Year 2024/2025 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:		

HOUR:		

LOCATION:		

TRANSMITTAL OF PROPOSED BUDGET AMENDMENT TO LOCAL
GENERAL PURPOSE GOVERNMENT.	The District Manager is hereby directed to

submit a copy of the Proposed Budget to Manatee County in accordance with Chapter 189, Florida Statutes.

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, shall be posted within five (5) days after adoption, and shall remain on the website for at least two (2) years. If the District does not have its own website, the District's Secretary is directed to transmit the approved budget to the manager or administrator of Manatee County for posting on their websites.

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

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 21st DAY OF MAY 2024.
ATTEST:	UNIVERSITY PARK
RECREATION DISTRICT

By:	
Secretary	Its:	

SUMMARY INCOME	STATEMENT	2023	2024		2024	2025	2025 Budget	
FISCAL YEARS ENDING SEPTEMBER 30	Actual	Budget		Forecast	Budget	vs. 2024 FC	
COUNTRY CLUB OPERATIONS:							
							
REVENUE:							
MEMBERSHIP DUES	4,987,592	5,322,094		5,545,598	6,142,041	596,443	
GOLF OPERATIONS	3,984,856	3,784,965		3,795,327	4,059,843	264,515	
RACQUETS & FITNESS CENTRE	129,655	165,836		141,085	155,222	14,137	
DINING INCOME	2,734,285	3,300,510		3,313,216	3,434,790	121,574	
OTHER INCOME	6,651	5,480		9,905	5,480	(4,425)	
							
TOTAL REVENUE	11,843,038	12,578,884		12,805,132	13,797,375	992,244	
							
EXPENSES:							
PAYROLL & RELATED:							
							
GOLF OPERATIONS	656,669	756,652		707,365	879,898	172,533	
RACQUETS & FITNESS CENTRE	310,973	431,361		384,064	407,000	22,937	
DINING	1,914,140	2,068,038		2,391,634	2,437,498	45,864	
GOLF COURSE	MAINTENANCE	1,661,816	1,676,481		1,705,668	1,775,918	70,250	
GENERAL & ADMINISTRATIVE	1,381,035	1,416,114		1,405,526	1,687,954	282,428	
							
TOT PAYROLL &	RELATED	5,924,633	6,348,646		6,594,257	7,188,268	594,011	
							
DIRECT EXPENSES:							
							
GOLF OPERATIONS	954,347	884,639		979,870	953,497	(26,373)	
RACQUETS & FITNESS CENTRE	203,484	248,670		210,280	254,553	44,273	
DINING CGS	1,435,387	1,571,146		1,790,381	1,636,966	(153,415)	
DINING OPER EXP	750,173	709,950		810,751	829,010	18,259	
GOLF COURSE	MAINTENANCE	1,466,744	1,564,648		1,615,348	1,664,885	49,536	
GENERAL & ADMIN	364,944	459,055		467,103	456,008	(11,095)	
PROPERTY INSURANCE	263,330	350,000		308,955	350,000	41,045	
							
TOTAL DIRECT EXPENSES	5,438,409	5,788,108		6,182,688	6,144,918	(37,769)	

OPERATING INCOME/(LOSS)	479,997	442,131		28,187	464,189	436,002	
							
CAPITAL ALLOCATION:							
INITIATION	FEES			786,670	480,550		1,012,725	829,550	(183,175)	
CAPITAL ALLOCATION- GOLF OPS	268,437	269,617		276,393	276,726	334	
CAPITAL DUES	223,065	313,786		339,531	380,278	40,748	

TOTAL CAPITAL ALLOCATION	1,278,172	1,063,953		1,628,649	1,486,555	(142,094)	

Printed: 5/20/2024 10:17 AM

University Park Recreation District

Consideration of Resolution 2024-18, Approving a Preliminary General Fund Budget for Fiscal Year 2025
and Setting a Public Hearing Date
[Suggested Date, August 9, 2024]

RESOLUTION 2024-18

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE UNIVERSITY PARK RECREATION DISTRICT APPROVING A PROPOSED PRELIMINARY FY 2024/2025 BUDGET AND SETTING A PUBLIC HEARING THEREON PURSUANT TO FLORIDA LAW; ADDRESSING TRANSMITTAL, POSTING AND PUBLICATION REQUIREMENTS; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the University Park Recreation District (“District”) was recently established by the Manatee County Commission, Florida, effective August 2, 2018; and

WHEREAS, in November 2019, the District acquired the University Park Country Club (“Country Club”) and has begun operating and maintaining the Country Club; and

WHEREAS, the District Manager has prepared and submitted to the Board of Supervisors of the University Park Recreation District (the “Board”) the proposed operating budget for operation, maintenance, and capital improvements for Fiscal Year 2024/2025 (“Proposed Budget”); 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 UNIVERSITY PARK RECREATION DISTRICT:

PROPOSED BUDGET APPROVED. The Proposed Budget prepared by the District Manager to the District Budget to provide a budget for the operation, maintenance, and capital improvement of the District for Fiscal Year 2024/2025 attached hereto as Exhibit A is hereby approved as the basis for conducting a public hearing to adopt said Proposed Budget.

SETTING A PUBLIC HEARING. A public hearing on said approved Proposed Budget is hereby declared and set for the following date, hour and location:

DATE:		

HOUR:		

LOCATION:		

TRANSMITTAL OF PROPOSED BUDGET AMENDMENT TO LOCAL
GENERAL PURPOSE GOVERNMENT.	The District Manager is hereby directed to

submit a copy of the Proposed Budget to Manatee County in accordance with Chapter 189, Florida Statutes.

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, shall be posted within five (5) days after adoption, and shall remain on the website for at least two (2) years. If the District does not have its own website, the District's Secretary is directed to transmit the approved budget to the manager or administrator of Manatee County for posting on their websites.

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

EFFECTIVE DATE. This Resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED THIS 21st DAY OF MAY 2024.
ATTEST:	UNIVERSITY PARK
RECREATION DISTRICT

By:	
Secretary	Its:	

University Park Recreation District FY2025 Proposed General Fund Budget

Actual	Anticipated	Anticipated	FY 2024	FY 2025	
Through	May - Sept.	FY 2024	Adopted	Proposed	
04/30/2024		Total	Budget	Budget	
Revenues
Other Income & Other Financing Sources	-	-	-	-		
PrYr Surplus	30,200	-	30,200	4,737	7,734	
Inter-Fund Transfers - Debt Service to O&M	44,988	35,000	79,988	70,000	70,000	
Inter-Fund Transfers - Country Club to O&M		175,000		-		175,000		175,263		175,766	
	$250,188	$35,000	$285,188	$250,000	$253,500	

General & Administrative Expenses
Assessment Administration	10,000	-	10,000	10,000	10,000	
Audit	34,825	-	34,825	35,000	35,000	
Bank Fees	7,274	20	7,294	8,000	8,000	
Contingency	420	360	780	14,000	14,000	
Dissemination Agent	5,000	-	5,000	5,000	5,000	
District Counsel	77,142	30,000	107,142	70,000	70,000	
Dues, Licenses, and Fees	175	-	175	5,000	5,000	
Insurance	13,635	-	13,635	15,000	15,000	
Legal Advertising	3,206	2,000	5,206	3,000	5,000	
Management	40,833	29,167	70,000	70,000	70,000	
Meeting Set Up	-	-	-	1,000	1,000	
Travel and Per Diem	-	-	-	1,000	1,000	
Office Supplies	93	900	993	500	1,000	
Professional Services, Other	2,425	-	2,425	-	-	
Postage & Shipping	8,309	50	8,359	1,000	1,000	
Election Costs	-	7,500	7,500	7,500	7,500	
Web Site Maintenance		2,353		1,767		4,120		4,000		5,000	
Total General & Administrative Expenses	$205,691	$71,763	$277,454	$250,000	$253,500	

University Park Recreation District FY 2025 Proposed Debt Service Budget

REVENUES:	FY2025 Proposed Series 2019 Budget	
Special Assessments	$	1,607,756.25	
TOTAL REVENUES	$	1,607,756.25	

EXPENDITURES:		
Interest 11/01/2024	$	348,293.75	
Interest 5/1/2025	$	348,293.75	
Principal 5/1/2025	$	570,000.00	
TOTAL EXPENDITURES	$	1,266,587.50	

Funds Available for 11/1 Payment	

$	341,168.75	

Interest 11/01/2025	

$	341,168.75	

University Park Recreation District

Consideration of Responses to Architectural/Engineering RFQ

University Park Recreation District

Update on Bond Validation Hearing

University Park Recreation District

Update on Bond Anticipation Notice

University Park Recreation District

Ratification of Payment Authorization Nos.
116 & 117

4/4/2024

University Park Recreation District

Payment Authorization No. 116

O&M - General Fund Expenses

Asst. Treasurer	6

Vendor	Invoice	Description	Amount	
Blalock Walters	40896-032-4	ADV. Peter A. Pizzi	$	632.50	
PFM	DM-04-2024-53	District Management Fee: April 2024	$	5,833.33	
PFM	OE-EXP-01-2024-48	January 2024 - Postage	$	25.86	
PFM	OE-EXP-02-2024-39	February 2024 - Postage	$	20.17	
Vglobal Tech	6097	ADA Website Maintenance - April 2024	$	293.33	
Vglobal Tech	6013	Quarterly ADA & WCAG Audits	$	300.00	
McClatchy Company, LLC	243263	Notice of Public Meeting - March 2024	$	322.92	

O&M - General Fund Expenses Total	$	7,428.11

Asst. Secretary/Secretary

BLALOCK WALTERS
ATTORNEYS  AT LAW

WE MAKE A DIFFERENCE
P.O. Box 469• Bradenton, Florida 34206-0469 ph: 941.748.0100 fx: 941.745.2093

UNIVERSITY PARK RECREATION DISTRICT PFM FINANCIAL ADVISORS, LLC
3504 LAKE LYNDA DRIVE, SUITE 107
ORLANDO, FL  32817

Page:	1
March 31, 2024
Account# 40896-032
Invoice #	40896-032-4

ATTN:	ACCOUNTSPAYABLE@UNIVERSITYPARK-FL.COM

	ADV. PETER A PIZZI		
CFJ			
	
For Professional Services Rendered Thru 03/31/2024		

03/06/2024	
MPB	Review and respond to Memorandum from Daniel Gabuardi.	HOURS
0.40	
110.00	
03/16/2024	MPS  Preparation of Memorandum to Atty. Dan Gabuardi.	0.40	110.00	
03/18/2024	CFJ	Review of update regarding possible litigation	0.10	27.50	
03/28/2024	MPS  Telephone conference with Chair; telephone conference with former			
	Chair Case; telephone conference with Chair; preparation of Memorandum to the Board; preparation of Memorandum to Daniel Gabuardi.	

1.20	

330.00	
	MJP		Review communication from Daniel Gabuardi regarding status; prepare communication to Attorney Barnebey regarding direction given by board at prior meeting.	

0.20	

55.00	
	TOTAL FOR THE ABOVE SERVICES	2.30	632.50	
	TOTAL CURRENT WORK		632.50	
	PREVIOUS BALANCE		$275.00	
	
PAYMENTS RECEIVED			

03/26/2024	
Payment received on account. Thank you!	
-275.00	
	
AMOUNT DUE (includes Previous Balance if shown above)	
$632.50	

UNIVERSITY PARK RECREATION DISTRICT ADV. PETER A. PIZZI
CFJ

Page:	2
March 31, 2024
Account # 40896-032
Invoice#	40896-032-4

If you prefer to receive paperless invoices by email, please complete the information below or email billing@blalockwalters.com.

	 Yes, I would prefer paperless billing by email.
Email Address for paperless billing purposes:

Please Return the Remittance Copy with Your Payment
Make Check Payable to Blalock Walters, P.A.
Federal Tax ID # 59-1950976

BlllTo:		

University Park Recreation District
c/o PFM Group Consulting District Accounting Department
3501 Quadrangle Blvd., Suite 270
Orlando, FL 32817 United States of America

Remittance Options:

PFM Group Consulting LLC PO Box 65126
Baltimore, MD 21264-5126 United States of America

pfm

1735 Market Street 42nd Floor Philadelphia, PA 19103
+1 (215) 5676100

Company Addres :

RE:	District Management Fee: April 2024

Date	Number	
April 2, 2024	DM-04-2024-53	
Paym nt Terms	Due-Dat.e	
Upon Receipt	April 2, 2024	

Professional Fees
Total Amount Due

$5,833.33
$5,833.33

BIii To:

University Park Recreation District
c/o PFM Group Consulting District Accounting Department
3501 Quadrangle Blvd., Suite 270
Orlando, FL 32817 United Slates of America

Remittance Options:
.lllil..MAiJ;_
PFM Group Consulting LLC PO Box 65126
Baltimore, MD 21264-5126 United States of America

pfm

1735 Market Street 42nd Floor Philadelphia, PA 19103
+1 (215) 5676100

Company Address,

RE:	January 2024 Postage $28.56

Date	Invoice Number	
March 30, 2024	OE-EXP-01-2024-48	
f>ayment T.erms	Due Date	
Upon Receipt	March 30, 2024	

Expenses
Total Amount Due

$25.86
$25.86

EJIIITo:		

University Park Recreation District
/o PFM Group Consulting District Accounting Department
501 Quadrangle Blvd., Suite 270
Orlando, FL 32817 United States of America

Remittance Options:

PFM Group Consulting LLC PO Box 65126
Baltimore, MD 21264-5126 United States of America

pfm

1735 Market Street 42nd Floor Philadelphia, PA 19103
+1 (215) 5676100

RE:	February 2024 Fedex $20.17

Date	Invoice Num_per	
April 2, 2024	OE-EXP-02-2024-39	
P yment Term5-	Due Date	
Upon Receipt	April 2, 2024	

Expenses
Total Amount Due

$20.17
$20.17

VGlobalTech
636 Fanning Drive
Winter Springs, FL 32708 US contact@vglobaltech.com www.vglobaltech.com

' .-./

XP   ..  R<ENCe  ,  NOVA7'0N

INVOICE

BILL TO
University Park RD
3501 Quadrangle Boulevard,
Suite 270, Orlando, FL 32817

INVOICE # 6097
DATE 04/01/2024
DUE DATE 04/16/2024
TERMS Net 15

DATE	ACTIVITY	QTY	RATE	AMOUNT	
Web Maintenance:ADA Website Maintenance	1	218.33	218.33	
Ongoing website maintenance for ADA and WCAG Compliance				
Email:Email Hosting &
Maintenance	5	15.00	75.00	
Monthly email hosting. Up to 5		
emails customized as per need		
with website domain address. Up		
to maximum 2 GB (upgrade to 10		
GB) storage per inbox. Backup		
and archival not included.		
Customers will be able to take		
their own local backup as needed.		
Customers also responsible to		
manage the inbox overflow by		
deleting unwanted emails, large		
attachments. Spam and virus		
filters included and will be		
configured. Email forwarding		
service (to any email of customer		
choice) included. Full access		
through browser from any device		
(tablets, mobile or desktop)		
provided including steps to setup		
the client.		

Please make check payable to VGlobalTech.

BALANCE DUE	$293.33

VGlobalTech
636 Fanning Drive
Winter Springs, FL 32708 US contact@vglobaltech.com www.vglobaltech.com

INVOICE
BILL TO
University Park RD
3501 Quadrangle Boulevard,
Suite 270, Orlando, FL 32817

INVOICE# 6013
DATE 03/31/2024
DUE DATE 03/31/2024
TERMS Due on receipt

DATE	ACTIVITY	QTY	RATE	AMOUNT	
Audlts:Quarterty ADA & WCAG Audits	1	300.00	300.00	
Quarterly ADA & WCAG Audits				
for all new content and document				
conversions for the website.				

Invoice for Quarter 1 ADA Audit.	BALANCE DUE	$300.00
Please make check payable to VGlobalTech.

McClatchy

Th• BHurort Gantt,
The Belleville News-Demaaat
Bellingham Herald Centre Dally limes Sun Herald
IIS.aho Stltnm.an
Brede-nton Herald
The Char1otte Observer The State
Ledger-Enquirer

Durham I The Herald-Sun
Fort Worth StarITelegram The Fresno BH
The Island Pad<tt The kan■as City Star
Lexington Herald-Leader Th• Telegraph - Macon Merced Sun-Star
Miami Herald
El Nuevo Herald

The Modmo Bee
The Sun News I Myrtle Beach Raleigh News & Observer Rock Hill J Tho Harald
The Saaamento Bee San Luis Obispo Tribune
Tacoma I Th• News Tribune
Tri-City Herald llteWlcllltB Eagle Thi Olympian

Page1 of1

UNIVERSITY PARK RECREATION DISTRICT
Attn:Accounts Payable 7671THE PARK BOULEVARD UNIVERSITY PARK BRADENTON, FL34201

MARCH INVOICE	
Invoice No.:	243263	
Invoice Date:	03/31/2024	
DueDate:	04/30/2024	
Bill-To Accooot:	29585	
Sales Rep:	Christy Habony	

Dates	OrderNo.	Desalptlon	Product	Size	Billed	T=INetAmolllt
Units	
03/01/2024- 03/01/2024	524411	Print Legal Ad·IPL01613950 IPl0161395	BRO-Bradenton Herald
LegalI Legals & Public Notices CLS	1x57L	57L	$67.86	
03/04/2024 • 03/04/2024	526411	Print Legal Ad·IPL01622960 IPL0162296	BRO-Bradenton Herald
legalILegals & Public Notices CLS	1x3SL	35 L	$42.12	
03/11/2024- 03/11/2024	526416	Print Legal Ad-lPL01622980 IPL0162298	BRO-Bradenton Herald
Legal I Legals &Public Notices CLS	1x74 L	74L	$87.75	
03/15/2024- 03/15/2024	530181	Print legal Ad-lPL01638460 IPL0163846	BRO-Bradenton Herald	1x57L	57l	$67.86	
03/26/2024- 03/26/2024	530339	Print Legal Ad-lPL01639160 IPl0163916	BRO-Bradenton Herald
Legall Legals & Public Notices CLS	1x48 L	48L	$57.33	

legalI Legals & Public Notices CLS

I

Amount Due:

 March Summary	
I

$322.921

McClatchy Company LLC PO Box 510150
Livonia Ml 48151

Please Return This Portion With Your Payment (Thank You)

ADVERTISING INVOICE
UNIVERSITY PARK RECREATION DISTRICT
Attn: Accounts Payable 7671THE PARK BOULEVARD UNIVERSITY PARK BRADENTON, FL 34201

□□□0029585 0000243263 000032292 5

MAROi INVOICE	
Invoice No.:	243263	
Account No.:	29585	
,\ccount Name:	UNIVERSITY PARK RECREATION DISTRICT	
Amount Due:	$322.92	

Email questions to ssccreditandcollections@mcclatchy.com

McClatchy Company LLC PO Box 510150
Livonia Ml 48151

4/15/2024

University Park Recreation District

Payment Authorization No. 117

O&M - General Fund Expenses

Vendor	Invoice	Description	Amount	
Blalock Walters	40896-032-5	ADV. Peter A. Pizzi	$	110.00	
Blalock Walters	40896-000-66	General Representation - March 2024	$	5,550.00	
Blalock Walters	40896-033-3	$21 Million Bond Validation	$	302.50	
Blalock Walters	40896-028-18	Amendment to ORI DEV. Order & GDP	$	795.00	

O&M - General Fund Expenses Total	$	6,757.50

Asst. Secretary/Secretary	Asst. Treas	

BLALOCK WALTERS
ATTORNEYS  AT LAW

WE MAKE A DIFFERENCE
P.O. Box 469• Bradenton, Florida 34206-0469 ph: 941.748.0100 fx: 941.745.2093

UNIVERSITY PARK RECREATION DISTRICT PFM FINANCIAL ADVISORS, LLC
3504 LAKE LYNDA DRIVE, SUITE 107
ORLANDO, FL 32817

Page:	1
March 31, 2024
Account# 40896-032
Invoice#	40896-032-5

ATTN:	ACCOUNTSPAYABLE@UNIVERSITYPARK-FL.COM ADV. PETER A PIZZI
CFJ

For Professional Services Rendered Thru 03/31/2024

03/18/2024	MJP	Review various communications regarding Pizzi claim.
TOTAL FOR THE ABOVE SERVICES TOTAL CURRENT WORK PREVIOUS BALANCE

HOURS
0.40
0.40

110.00
110.00

110.00

$632.50

PAYMENTS RECEIVED

04/08/2024	Payment received on account. Thank you!

AMOUNT DUE (includes Previous Balance if shown above)

-632.50

$110.00

If you prefer to receive paperless invoices by email, please complete the information below or email billing@blalockwalters.com.

	 Yes, I would prefer paperless billing by email.

Email Address for paperless billing purposes:

Please Return the Remittance Copy with Your Payment Make Check Payable to Blalock Walters, P.A.
Federal Tax ID# 59-1950976

BLALOCK WALTERS
ATTORNEYS  AT LAW

WE MAKE A DIFFERENCE
P.O. Box 469• Bradenton, Florida 34206-0469 ph: 941.748.0100 fx: 941.745.2093

UNIVERSITY PARK RECREATION DISTRICT PFM FINANCIAL ADVISORS, LLC
3504 LAKE LYNDA DRIVE, SUITE 107
ORLANDO, FL 32817

Page:	1
March 31, 2024
Account# 40896-000
Invoice#	40896-000-66

ATTN:	ACCOUNTSPAYABLE@UNIVERSITYPARK-FL.COM

	GENERAL REPRESENTATION			
MPB				
	
For Professional Services Rendered Thru 03/31/2024			
		HOURS		
03/04/2024	MPB  Draft Resolution 2024-13; preparation of Agenda cover sheet.	1.10	275.00	
	JO	Work on Resolution 2024-13 and prepare agenda point paper.	0.60	75.00	
03/05/2024	JO	Review emails. Revise agenda point paper. Email to Team			
	transmitting revised agenda point paper.	0.40	50.00	
03/06/2024	MJP	Research regarding public records request and fees.	2.00	500.00	
	CFJ	Review of status of demand	0.20	50.00	
03/07/2024	MJP	Review Cleaning Services Agreement; prepare addendum; various			
	communications with John Fetsick regarding the same.	1.50	375.00	
	MJP	Various communications with John Fetsick regarding cleaning services agreement.	
0.40	
100.00	
	MJP	Various communications by and between Kwame Jackson regarding			
	rescheduled UPRD March meeting.	0.40	100.00	
	MPB  Review and revise draft Memorandum from Vivian Carvalho;			
	telephone conference with Vivian Carvalho.	0.60	150.00	
03/08/2024	MJP	Review various communications from Kwame Jackson and Bob Gang			
	regarding rescheduled board meeting.	0.20	50.00	
	MPB	Review and respond to correspondence from Vivian Carvalho.	0.40	100.00	
03/12/2024	MJP	Review of issue relating to short term financing resolution; prepare			
	communication to Vivian Carvalho.	0.40	100.00	
	MPB	Preparation of Memorandum to John Fetsick; review and respond to			
	Memorandum from Michael Dennis; telephone conference with Bob			
	Gang on short term financing.	0.90	225.00	
03/15/2024	MJP	Review agenda for rescheduled meeting.	0.20	50.00	
	MJP	Various communications with Vivian Carvalho, Kevin Plenzler, and			

UNIVERSITY PARK RECREATION DISTRICT GENERAL REPRESENTATION
MPS

Page:	2
March 31, 2024
Account # 40896-000
Invoice #	40896-000-66

		
Brent Wilder regarding RFP for short term financing.	HOURS
0.60	
150.00	
	JO	Monitor emails regarding short term financing.	0.30	37.50	
03/18/2024	MPS	Review Ethics Commission response regarding Dean Matt.	0.30	75.00	
03/21/2024	MJP

MJP	Various communications with Curtis Nickerson and Mark Barnebey regarding Global Turf Equipment proposal; prepare addendum.
Prepare communication to Curtis Nickerson; John Fetsick; Paul Mey;	
1.40	
350.00	
		Vivian Carvalho; and Mark Barnebey regarding Global Turf Equipment.	
0.30	
75.00	
	MPS	Review issues related to TriMax Moving Systems; review and respond to Memorandum from Chair regarding Public Records Request related to PBM.	

0.40	

100.00	
03/22/2024	MJP	Review and revise response to Dean Matt emails.	0.60	150.00	
	MJP	Prepare for and attend board of supervisors meeting.	3.50	875.00	
03/23/2024	MJP	Review draft RFQ in detail; prepare draft contract; prepare draft advertisement; communication to Mark Criden and Mark Barnebey.	
1.80	
450.00	
03/27/2024	MPS	Telephone conference with Vivian Carvalho; review Statutes on Charter revision.	
0.60	
150.00	
	JO	Research referendum results. Email to Attorneys Barnebey and Powers. Attend agenda review meeting. Work on agenda materials.	
0.90	
112.50	
	MJP	Review communication from Kwame Jackson regarding bylaws and rules; review communication from Kwame Jackson regarding
workshop agenda.	

0.40	

100.00	
	MJP	Review election results for referendum.	0.20	50.00	
03/28/2024	MPS	Telephone conference with Chair regarding Dean Matt Public Records Request; preparation of Memorandum to Vivian Carvalho; review RFQ and respond to Memorandum from Mark Criden; preparation of Memorandum to Dean Matt regarding the Public
Records Request.	

1.70	

425.00	
	MJP	Review various communications by and between Attorney Barnebey and Mark Criden regarding RFQ.	
0.60	
150.00	
03/29/2024	MJP	Review various communications between Mark Barnebey, Mark Criden, and Michael Saumier regarding RFQ.	
0.40	
100.00	
		TOTAL FOR THE ABOVE SERVICES	23.30	5,550.00	
		TOTAL CURRENT WORK		5,550.00	
		PREVIOUS BALANCE		$5,275.00	

PAYMENTS RECEIVED

03/26/2024	Payment received on account. Thank you!	-5,275.00

UNIVERSITY PARK RECREATION DISTRICT GENERAL REPRESENTATION
MPB

Page:	3
March 31, 2024
Account# 40896-000
Invoice#	40896-000-66

AMOUNT DUE (includes Previous Balance if shown above)	$5,550.00

If you prefer to receive paperless invoices by email, please complete the information below or email billin	blalockwalters.com.
	 Yes, I would prefer paperless billing by email.
Email Address for paperless billing purposes:

Please Return the Remittance Copy with Your Payment
Make Check Payable to Blalock Walters, P.A.
Federal Tax ID# 59-1950976

BLALOCK WALTERS
ATTORNEYS  AT LAW

WE MAKE A DIFFERENCE
P.O. Box 469• Bradenton, Florida 34206-0469 ph: 941.748.0100 fx: 941.745.2093

UNIVERSITY PARK RECREATION DISTRICT PFM FINANCIAL ADVISORS, LLC
3504 LAKE LYNDA DRIVE, SUITE 107
ORLANDO, FL 32817

Page:	1
March 31, 2024
Account# 40896-033
Invoice#	40896-033-3

ATTN:	ACCOUNTSPAYABLE@UNIVERSITYPARK-FL.COM

$21 MILLION BOND VALIDATION

FEM

For Professional Services Rendered Thru 03/31/2024

03/01/2024

03/11/2024

FEM	 Address order to show cause service and case timeline. FEM	Receipt of State of Florida answer.
TOTAL FOR THE ABOVE SERVICES TOTAL CURRENT WORK PREVIOUS BALANCE

HOURS
0.80

0.30
1.10

220.00

82.50
302.50

302.50

$2,889.00

PAYMENTS RECEIVED

03/26/2024	Payment received on account. Thank you!

AMOUNT DUE (includes Previous Balance if shown above)

-2,889.00

$302.50

If you prefer to receive paperless invoices by email, please complete the information below or email billin	blalockwalters.com.

	 Yes, I would prefer paperless billing by email.

Email Address for paperless billing purposes:

Please Return the Remittance Copy with Your Payment
Make Check Payable to Blalock Walters, P.A. Federal Tax ID# 59-1950976

BLALOCK WALTERS
ATTORNEYS  AT LAW

WE MAKE A DIFFERENCE
P.O. Box 469• Bradenton, Florida 34206-0469 ph: 941.748.0100 fx: 941.745.2093

UNIVERSITY PARK RECREATION DISTRICT PFM FINANCIAL ADVISORS, LLC
3504 LAKE LYNDA DRIVE, SUITE 107
ORLANDO, FL 32817

Page:	1
March 31, 2024
Account # 40896-028
Invoice#	40896-028-18

ATTN:	ACCOUNTSPAYABLE@UNIVERSITYPARK-FL.COM

	AMENDMENT TO DRI DEV. ORDER & GDP		
MPB			
	
For Professional Services Rendered Thru 03/31/2024		

03/19/2024	
MPB  Review and respond to Memorandum from Laura Gonzalez.	HOURS
0.30	
82.50	
03/20/2024	MPB Telephone conference with Jenny Ordonez related to obtaining updated square footages after Plan revisions.	
0.40	
110.00	
03/28/2024	JO	Work on revisions to DRI Ordinance and PDR Zoning Ordinance.
Prepare for and attend conference call with County staff.	
3.00	
300.00	
	MPB Telephone conference with Laura Hernandez and Rossina Leiter; work on revisions to the DRI and Zoning Ordinance.	
1.10	
302.50	
	TOTAL FOR THE ABOVE SERVICES	4.80	795.00	
	TOTAL CURRENT WORK		795.00	
	PREVIOUS BALANCE		$55.00	
	
PAYMENTS RECEIVED			

03/26/2024	
Payment received on account. Thank you!	
-55.00	
	
AMOUNT DUE (includes Previous Balance if shown above)	
$795.00	

UNIVERSITY PARK RECREATION DISTRICT AMENDMENT TO DRI DEV. ORDER & GDP MPB

Page:	2
March 31, 2024
Account# 40896-028
Invoice#	40896-028-18

If you prefer to receive paperless invoices by email, please complete the information below or email billing@blalockwalters.com.
	 Yes, I would prefer paperless billing by email.

Email Address for paperless billing purposes:

Please Return the Remittance Copy with Your Payment Make Check Payable to Blalock Walters, P.A.
Federal Tax ID# 59-1950976