Board of Supervisors:

Islands at Doral III
Community Development District
www.doral3cdd.com

Henry Camino, Chair Marialexandra Garcia, Vice Chair Javier Fuquen, Assistant Secretary Sandra Milles, Assistant Secretary Roman Gomez, Assistant Secretary

August 11, 2021

Islands at Doral III
Community Development District
5385 N. Nob Hill Road, Sunrise, Florida 33351 Phone: 954-721-8681 - Fax: 954-721-9202
August 4, 2021
Board of Supervisors Islands at Doral III
Community Development District
Dear Board Members:
A special meeting of the Board of Supervisors of Islands at Doral III Community Development District will be held on August 11, 2021 at 6:00 p.m. at the Doral Legacy Park – Conference Room, 11400 NW 82nd Street, Doral, Florida 33178. In order to reduce risk of COVID-19 and transmission of the virus, members of the public are encouraged to participate in the meeting utilizing the following: from a computer, tablet or smartphone: https://global.gotomeeting.com/join/500713261 or by dialing +1 (646) 749-3122; Access Code: 500-713-261. Following is the agenda:
Roll Call
Organizational Matters
Consideration of Resolution #2021-05 Declaring Vacancies for Seat #4 and Seat #5
Consideration of Appointment(s) of Supervisor(s) to Unexpired Term(s) of Office for Seat #4 and Seat #5 (general election seats expiring 11/2024)
Oath of Office for Newly Appointed Supervisor(s)
Consideration of Resolution #2021-06 Electing Officers
Consideration of Resolution #2021-07 Ratifying Board Actions Taken During COVID-19 Virtual Meetings
Audience Comments (please sign in on the speaker list)
Approval of the Minutes of the August 5, 2020 and June 9, 2021 Meetings
E-Verify System
Ratification of Enrolling and Signing the MOU by the District Manager
Authorizing the Chairman to Sign the Blank MOU for the District’s Records
Public Hearing to Adopt the Fiscal Year 2022 Budget
Motion to Open the Public Hearing
Public Comment and Discussion
Consideration of Resolution #2021-08 Annual Appropriation Resolution
Consideration of Resolution #2021-09 Levy of Non Ad Valorem Assessments
Motion to Close the Public Hearing
Ratification of Engagement Letter with Grau & Associates to perform Audit for Fiscal Year Ending September 30, 2020
Acceptance of Audit for Fiscal Year Ending September 30, 2020
Appointment of Audit Selection Committee
Audit Selection Committee Meeting
Opening Audit Selection Committee Meeting
Roll Call
Ratification of Criteria for Evaluation
Ratification of RFP
Ranking of Respondents to the RFP
Adjournment
Selection of Audit Firms
Staff Reports
Attorney – Discussion of 2021 Legislative Update Memorandum
Engineer – Year 2021 Engineer’s Report
Manager
Number of Registered Voters in the District – 1,691
Consideration of Proposed Fiscal Year 2022 Meeting Schedule
Discussion of Financial Disclosure Report and Reminder to File Annual Form
Financial Reports
Approval of Check Register
Balance Sheet and Income Statement
Supervisors Requests
Adjournment
Meetings are open to the public and may be continued to a time, date and place certain. For more information regarding this CDD please visit the website: http:// www.doral3cdd.com

RESOLUTION NO. 2021-05
A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT DECLARING A VACANCY ON THE BOARD OF SUPERVISORS PURSUANT TO SECTION 190.006(3)(b), FLORIDA STATUTES; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, pursuant to the provisions of Section 190.006, Florida Statutes, the members of the Board of Supervisors (the “District Board”) of the Islands at Doral III Community Development District (the “District”) are to be elected by the qualified electors of the District at a general election held in November; and

WHEREAS, the District provided published notice of the qualifying period for election to the District Board at least two (2) weeks prior to the start of the qualifying period, as required by Section 190.006(3)(b), Florida Statutes; and

WHEREAS, the Miami-Dade County Elections Department has confirmed that at the close of the qualifying period for election to the District Board, no elector qualified for Seat #4 & Seat #5 to be filled in the general election to be held on November 3, 2020 (the “General Election”); and

WHEREAS, pursuant to Section 190.006(3)(b), Florida Statutes, the District is required to declare the seat to be filled by the election to which no qualified elector has qualified as vacant and to appoint a qualified elector to fill such vacancy within 90 days of the second Tuesday following the General Election.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT, THAT:

The recitals above are true and correct and are hereby made a part of this Resolution.

The District Board hereby declares Seat #4 & Seat #5 to be vacant, effective on the second Tuesday following the General Election.

The District Board shall appoint a qualified elector to Seat #4 & Seat #5 within 90 days of the second Tuesday following the General Election, as required by Section 190.006(3)(b), Florida Statutes. Until such appointment to a seat, the incumbent board member in such seat shall remain in office.

This Resolution shall take effect immediately upon its passage and adoption.

PASSED AND ADOPTED THIS, 	 DAY OF 	. ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT

Chairman / Vice Chairman	Secretary / Assistant Secretary

RESOLUTION 2021-06
A RESOLUTION ELECTING OFFICERS OF THE ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT

WHEREAS, the Board of Supervisors of the Islands at Doral III Community Development District at a regular business meeting held on 	 desires to elect the below recited persons to the offices specified.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT:

1. The following persons were elected to the offices shown, to wit:

Chairman
Vice Chairman Treasurer Secretary Assistant Secretary Assistant Secretary Assistant Secretary Assistant Secretary

PASSED AND ADOPTED THIS 	 DAY OF 	.

Chairman / Vice Chairman

Secretary / Assistant Secretary

RESOLUTION 2021-07

A RESOLUTION BY THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT RATIFYING AND APPROVING ACTIONS TAKEN BY THE BOARD OF SUPERVISORS AT MEETINGS HELD VIA MEDIA COMMUNICATIONS TECHNOLOGY PURSUANT TO EXECUTIVE ORDER NO. 20-69, AS AMENDED AND EXTENDED, AS A RESULT OF THE COVID-19 PANDEMIC

WHEREAS, the COVID-19 pandemic has significantly impacted the Islands at Doral III Community Development District (the “District”) and those residing and owning property within the boundaries of the District; and
WHEREAS, on March 1, 2020, Governor Ron DeSantis (the “Governor”) issued Executive Order No. 20-51, directing the Florida Department of Health to issue a Public Health Emergency; and
WHEREAS, on March 1, 2020, the State Surgeon General and State Health Officer declared a Public Health Emergency exists in the State of Florida as a result of COVID-19; and
WHEREAS, on March 9, 2020, the Governor issued Executive Order No. 20-52, declaring a state of emergency for the entire State of Florida as a result of COVID-19; and
WHEREAS, in a series of actions in March 2020, President Donald Trump, the Centers for Disease Control and Prevention (the “CDC”), and the White House Coronavirus Task Force have issued guidance advising individuals to adopt far-reaching social distancing measures recommending restrictions on mass gatherings and congregations, including public meetings; and WHEREAS, on March 20, 2020, the Governor issued Executive Order No. 20-69 temporarily suspending the statutory requirement that a quorum be present in person at a specific

public place, authorizing the use of media communications technology, such as telephonic and video conferencing, as provided in Section 120.54(5)(b)2, Florida Statutes; and
WHEREAS, Executive Order No. 20-69 was amended and extended by subsequent Executive Orders of Governor Ron DeSantis, including Executive Order No. 20-246, which extended the temporary suspension of the statutory requirement that a quorum be present at a specific place and authorizing the use of media communications technology, until November 1, 2020 at 12:01 AM; and
WHEREAS, on March 24, 2020, the Governor issued Executive Order No. 20-83, directing the State of Florida Surgeon General and State Health Officer to issue a public health advisory urging the public to avoid all social and recreational gatherings of ten or more people and urging those can work remotely to do so; and
WHEREAS, the Governor, on April 3, 2020, issued Executive Order No. 20-91 (later amended by Executive Order 20-92), directing that all persons in Florida shall limit their movements and personal interactions outside their home to those necessary to obtain or provide essential services or to conduct essential activities; and
WHEREAS, on June 3, 2020 and on August 5, 2020, the District Board of Supervisors met, pursuant to and under the authority of Executive Order No. 20-69, as amended and extended, utilizing media communications technology; and
WHEREAS, the District Board of Supervisors intends to ratify and approve those actions taken by the District Board of Supervisors at its meeting(s) held via media communications technology on June 3, 2020 and on August 5, 2020; and
WHEREAS, due to the COVID-19 pandemic and the health concerns associated with securing signatures on certain instruments necessary for the District to conduct business, including,

but not limited to, agreements, proposals, resolutions, and approved meeting minutes, in accordance with the authority granted in Chapter 668, Florida Statutes, the District may have utilized DocuSign or other acceptable electronic signature software to secure signatures the proper District officials; and
WHEREAS, the Board hereby finds and determines that the use of DocuSign or other acceptable electronic signature software pursuant to Chapter 668, Florida Statutes, if any, between March 1, 2020 and October 31, 2020, was necessary to properly conduct the business of the District.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT, THAT:

Section 1.	The above recitals are true and correct and incorporated herein as if set forth

in full herein. The Executive Orders referenced herein are incorporated herein by reference.

Section 2.	Those actions taken by the District Board of Supervisors at its meetings held

pursuant to the authority of the Governor’s Executive Order No. 20-69, as amended and extended, via media communications technology on June 3, 2020 and on August 5, 2020, are hereby ratified and approved.
Section 3.   Any use by the District between March 1, 2020 and October 31, 2020 of
DocuSign or other acceptable electronic signature software pursuant to Chapter 668, Florida Statutes, in order to secure the signature(s) of the proper District officials on those instruments necessary for the District to conduct business, including, but not limited to, agreements, proposals, resolutions, and approved meeting minutes, is hereby ratified and approved.
Section 4.   All sections, or parts thereof, which conflict herewith, are, to the extent of

such conflict, superseded and repealed. In the event that any portion of this Resolution is found to

be unconstitutional or improper, it shall be severed herein and shall not affect the validity of the remaining portions of this Resolution.
Section 5.	This Resolution shall take effect immediately upon its adoption.

PASSED AND ADOPTED this 	 day of 	, 2021, by the Board of Supervisors of the Islands at Doral III Community Development District.

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT

Print Name: 		Print Name: 	 Secretary/Assistant Secretary		Chair/Vice Chair

MINUTES OF MEETING ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT
A communications media technology meeting of the Board of Supervisors of the Islands at Doral III Development District was held on August 5, 2020 at 6:00 p.m. and in accordance with the Office of the Governor, the Board of Supervisors and members of the public could attend and participate during the meeting utilizing the following from a computer, tablet or smartphone: https://global.gotomeeting.com/join/618682677 or 1
(571) 317-3122 and Access Code: 618-682-677.

Present and constituting a quorum were:
Henry Camino	Chairman
Marialexandra Garcia	Vice Chairperson
Javier Fuquen	Assistant Secretary
Sandra Milles	Assistant Secretary
Roman Gomez	Assistant Secretary Also present were:
Lisa Derryberry	District Manager
Luis Hernandez	Governmental Management Services
Ginger Wald	District Counsel
Felipe Vergara	Resident
Daniel Ordonez	Resident
Jimmy Perez	Resident
Ana Marie Arenas	Resident

FIRST ORDER OF BUSINESS	Roll Call
Ms. Derryberry called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Audience Comments (please sign in
on the speaker list)
A. Discussion of Request from Antilles HOA regarding Security
Ms. Derryberry: At this time we can move on to Audience Comments. The one item that is on the agenda is Discussion of Request from Antilles HOA Regarding Security. I am not sure who would like to address that issue?
Mr. Hernandez: I was approached by some of the homeowners so the part that I wanted the Board to be aware of is what they have requested in writing. I believe Jimmy can probably provide further explanation of what the HOA is requesting from the CDD.

August 5, 2020	Islands at Doral III CDD

Mr. Perez: Thank you very much for the invitation and opportunity to present at this meeting. The reason we are requesting this is because we would like to improve our security in our community and we would like to use the CDD to protect common areas in our community and at the same time, reducing part of the costs, it is my understanding that the CDD contract does not charge taxes because it is a governmental entity, so we would be able to reduce our costs in that matter. We would be providing normal security for our community as part of the CDD. It would be good if other communities of the CDD joined this effort because it will be better security for the common areas. This contract would not increase the costs in the community because we already have a contract with a security company. What we would do is just transfer the contract to the CDD and the Antilles HOA would pay the CDD for the monthly costs of the security, so there would be no cost also for the CDD. It is like what we are doing right now with the public lighting. The CDD pays for the FPL electric bill for our streetlighting and they bill the HOA, which will pay back the CDD. So, that is basically the idea. Any questions from the Board?
Mr. Gomez: Being that we brought this up at the beginning of the meeting, does it have to be discussed now, or can it be discussed later?
Mr. Fuquen: We can discuss it later or now. It is up to us.
Mr. Gomez: I was under the impression that all of the HOAs had their own security.
Am I wrong, or will this cover all of them?
Ms. Derryberry: The request is from Antilles.
Mr. Gomez: So, then we are not covering the other Associations, correct?
Ms. Derryberry: No. This is just a request from Antilles. There is no coverage on any of the communities at this time.
Mr. Gomez: Okay. By doing this, would we just be covering Antilles or would we be covering all of the rest? Will only Antilles be doing this? I am not understanding that part. Mr. Hernandez: Right now what we are discussing is that the Antilles HOA asked to present this request. They provided a letter with this request, so we have included it on the
agenda for discussion during public comments since it’s appropriate to have it there.
Mr. Gomez: I thought you had presented that request already?
Ms. Wald: Maybe I can help. Let me tell you from a legal perspective what the District would be allowed to do and then this may be something that you might want to

August 5, 2020	Islands at Doral III CDD

deal with formally if you are interested in doing so during another meeting because it would need to be added to the agenda. We can still talk about it, though. A CDD is granted the authority by, in this case Miami-Dade County, and as part as their establishment, it has the powers to go ahead and provide security, but the powers that gives it the ability to provide security is to provide security for the entire District. So, it would be for more than one HOA. It would have to be all of the communities within the District, so all of the different HOAs involved. That’s #1. Then, #2, the security that is able to be provided by a CDD is only limited to public areas. So, that means public streets, public thoroughfares, public rights-of-way, public parks, and those types of things. Anything that is dealing with the public, then security can be provided. So, in essence, just so everybody understands, if this CDD Board is interested in looking at providing security through the District, then that is something this Board can do, but keep in mind the caveat to that is that you have to pay for it. So, #1, you have to look at what the cost would be on a District-wide basis, and #2, keeping in mind there are limitations security would be able to provide, and there are many limitations as to what it can do. It is not going to be doing what is in the HOA bylaws, rules, and regulations. Then, #3, does it make sense for the CDD to go ahead and provide the security. Are there issues or problems the District is having that security would be able to alleviate that potentially?
Mr. Gomez: Thank you, Ginger.
Ms. Derryberry: Is there anyone else who would like to speak on this matter? Okay, not hearing any further comments, what is the will of the Board at this time? Do the Board members have any comments on how to proceed?
Mr. Gomez: I would like to ask if the Association brought this up to a consensus into their community and if they were able to get whatever the bylaw numbers are to move on with this? And, as Ginger just established, if we are only able to enforce whatever we have in the CDD bylaws, meaning that if the Association has done something and is not involved, we would not be able to enforce that. If they do something to prevent us from parking in an area and we don’t have that authority through the CDD, it becomes useless for that community if we cannot do anything and enforce it because it is part of the HOA bylaws, not the CDD’s. The other item Ginger had mentioned would be the cost for the CDD because this would be something new that would be covered. I am more concerned

August 5, 2020	Islands at Doral III CDD

that some of these things are not part of the bylaws of the CDD. I am thankful Ginger brought that up because I am not sure if the other HOAs are aware they might be missing some items they would like to cover under security that the CDD would not be able to.
Mr. Perez: May I speak again for a second? There will be no cost for the CDD because we would be reimbursing the CDD the costs for the security. That is #1. And #2, the security that we are requesting is for our streets, which I believe are government areas so security could enforce parking without any hesitation. The other thing is that we want to provide security at the best possible cost. Security is getting very expensive. Right now for sales tax, we are talking about thousands of dollars you are adding to the cost of the security. If we do it through the CDD we can save that money for our neighbors. It would be fantastic if all of the communities from the CDD would join this.
Mr. Gomez: There is a lot of feedback. I can barely hear you.
Ms. Garcia: I think it is one of the callers. Can everyone mute themselves?
Mr. Perez: I said that it would be a great idea if all of the communities of the CDD would join this effort because we would be providing better security for all of the communities of the CDD. If something happens in one community, the guard can go from one to the other where needed. If the whole community has the same security company it would be better because there would be more chances to reduce any damage.
Mr. Gomez: Ginger, there was an interesting question brought up by Jimmy.
Ms. Wald: Yes. For CDD-owned and operated roadways, the CDD has the ability to enforce its own rules and regulations on that property. I do not believe this CDD has enacted any rules and regulations in regards to use of any CDD roads throughout the community. So, are we talking about CDD roads? If we are, the CDD can pass reasonable rules and regulations for parking on CDD roadways and common areas wherever it is CDD property, and there is the ability to tow vehicles that are in violation of CDD rules. There is an entire procedure we would need to enter into, which would also be part of the rules and regulations being adopted and then from that, engaging the services of a tow company. All of those things can be accomplished, from a legal perspective. So, that is the answer to that question.
Mr. Gomez: Going back to that, does the CDD have authority, or is it something we would have to adopt and something we would have to change in our bylaws?

August 5, 2020	Islands at Doral III CDD

Ms. Wald: It is not bylaws. We do not have bylaws. What the CDD would have to do is pretty simple. It is called a rule-making process. We would have a public hearing like we are having right now for the budget. We have to advertise it and we basically have a CDD meeting after a period of 29 and 28 days advertisements, then the Board can adopt those rules. So, it isn’t a difficult process, it is just a little bit of a timing process.
Mr. Gomez: So, we couldn’t do it right now?
Ms. Wald: No, we cannot, but we could do something like that if the Board was interested. And like I said before, because this is not specifically an item that was listed on the agenda as a different line item and it is merely for discussion, there is really no action that the Board has to take or really should be taking. It is up to the Board to give direction to the District Manager whether they want to actually explore this as providing security for the CDD District-wide. Give us the ability as staff to look into what would be the best practices, get some additional information, and then have this on an upcoming agenda with notifications being provided to the other HOAs because this would be District-wide and if the CDD Board, after they get some costs are going to be reimbursement from the individual HOAs, they obviously need to be onboard. Otherwise we would have to increase assessments to pay for it.
Mr. Gomez: Okay. Just to summarize, we don’t have that right now as part of the CDD, and if we decided to change that, it does increase our assessments. Or not? Will it be a new item we will be covering? Am I understanding that correctly?
Ms. Wald: I believe so. It has to be District-wide. It couldn’t just be one community. Mr. Gomez: Thank you, Ginger. I appreciate it. I have no further questions.
Ms. Wald: You’re welcome.
Ms. Derryberry: Any other questions from the Board? If not, what is the will of the Board? As Ginger outlined, would you like to direct staff to take all of the steps necessary to allow this to be put on a future agenda and follow up in a manner she described?
Ms. Garcia: I don’t know if we need to make a motion to table this until the next meeting so staff can give us more information to be able to make an educated decision?
Ms. Wald: I think it is not really being tabled, it is just direction to staff to put this off until the next agenda as a specific agenda item, the exploration of providing security services by the District for the District. You don’t need a motion, just direction.

August 5, 2020	Islands at Doral III CDD

Ms. Derryberry: Are there any other members of the audience that would like to bring something to the attention of the Board at this time before we move on? Not hearing any, we will move on with the agenda.
THIRD ORDER OF BUSINESS	Approval of the Minutes of the June
3, 2020 Meeting

On MOTION by Mr. Camino seconded by Ms. Garcia with all in favor the Minutes of the June 3, 2020 Meeting were approved.

Ms. Derryberry: Moving on to Item #3 on the agenda, Approval of Minutes of the June 3, 2020 Meeting, I will take any questions or corrections at this time. If there are no corrections, is there a motion to approve them?
FOURTH ORDER OF BUSINESS	Public Hearing to Adopt the Fiscal
Year 2021 Budget
Motion to Open the Public Hearing

On MOTION by Ms. Garcia seconded by Mr. Fuquen with all in favor the public hearing was opened.

Ms. Derryberry: This meeting was advertised as a public hearing to adopt the fiscal year 2021 budget. At this time I need a motion to open the public hearing.

Public Comment and Discussion
Ms. Derryberry: At this time, the floor is open for public comment and discussion.
Would anyone like to speak about the proposed budget?
Ms. Milles: Yes, I have a question. I see something that says unassigned and something that says assigned. Is unassigned capital reserves?
Ms. Derryberry: Are you looking at the numbers associated with the balance sheet, the last item of the document behind tab 6B? Is that where you are?
Ms. Milles: It is in the combined balance sheet, yes.
Mr. Hernandez: Assigned means the Board has established funds for specific items. Unassigned means they have not and the funds are available for anything the Board wants to use them for. That means reserves and carryforward.
Ms. Milles: So, could we use that amount for new things?
Mr. Hernandez: It is an open item that needs to be described by the Board how they want to use the funds.

August 5, 2020	Islands at Doral III CDD

Ms. Milles: Okay. We describe that at this meeting that amount?
Mr. Hernandez: Those are funds the District has on the balance sheet. The portion we are trying to discuss right now pertains to the budget. Just to give a little background, it used to be $60.92 that the District used to levy as operations and maintenance. Keep in mind the District initially was mainly intended to provide administrative services. So, based on those administrative services, it was only $60.92 a year the District levied on each unit. Back in 2013 or 2014, as the Board shifted and switched to be controlled by the homeowners, the homeowners were concerned about unforeseen issues, like what if we had a hurricane, we need to have some funds and the District increased the operations and maintenance assessments from $60.92 to $135.92, collecting an additional $75.00. Page 1 of the budget shows the general fund portion. One of the items that needs to be discussed today in the current budget is whether the Board believes we still need to maintain the $135.92 or if the District has reached the point where we can reduce that to whatever amount the Board believes should be appropriate.
Ms. Derryberry: So, what are the feelings of the Board members regarding the proposed budget with regards to the general fund for the operations and maintenance? Reducing it back to the levels it was in 2014, or 2013, with the exception of Madeira since Madeira has that additional amount with regards to the electricity, but reducing it back to the additional levels or somewhere in between? What are the thoughts of the Board?
Ms. Garcia: I believe the idea was to have half a million dollars in the reserve fund? We have beyond surpassed that, so I would like to propose to bring down that number since we already have the funds and more. I would like to propose that we bring it back down to the original level that we had in 2014, especially now when so many people need that money for other things.
Mr. Hernandez: Just for the record, that amount was $60.92.
Ms. Derryberry: Any other thoughts from the rest of the Board members regarding reducing the assessment by $75.00 per unit?
Mr. Gomez: I am in favor of reducing it.
Ms. Derryberry: Do any other Board members have any comments on the budget?
Ms. Milles: I have a question. That $75.00 per household or unit, that money will be taken from the general fund?

August 5, 2020	Islands at Doral III CDD

Ms. Garcia: No, we don’t touch that money. All you are doing is this year, moving forward, instead of charging everybody so much more than we need, that general fund is still there and we are just charging people what is needed to cover the expenses, not extra. The extra is already there. We have almost $700,000.00 sitting in the bank.
Ms. Milles: What about that unassigned amount? Ms. Garcia: That will stay there. That isn’t charged.
Mr. Hernandez:	You are mixing up two separate components. What you are describing is part of the District’s financials, money that the District already has in the bank so nothing is affected and nothing is changing. What we are discussing right now is the amount the District will be levying on the tax bill. New funds are going to be coming. Basically what you are going to be seeing if you go back to page 1 of the general fund of the proposed budget, at the bottom where it reads collecting $223,848.88, roughly it will reduce from that by about $97,000.00. What that means is the revenue the District is going to be levying funds on all of the units is going to be reduced by around $120,000.00.
Ms. Garcia: So, what we are saying is that all of the bills get paid, everything gets paid, and we still have our $750,000.00 in the bank in case of an emergency. No money is being taken out of anything and we don’t have to sue the emergency funds to pay for anything. Everything gets paid, we are just not asking people to pay extra to keep adding to that fund, which already has almost $200,000.00 more than we had originally had planned to have in there. More money in our pockets and we don’t lose any benefits.
Ms. Derryberry: Any additional questions from the Board before we move on? Is there a motion to accept the proposal to reduce the amount of the assessments for operations and maintenance by $75.00 per unit? Is there a motion to that effect?
Ms. Garcia: I am sorry, I couldn’t hear most of that very well so I don’t know what we are making a motion for.
Ms. Wald: Marialexandra, are you making a motion to reduce the operations and maintenance by $75.00 per unit as discussed per the proposed fiscal year 2021 budget?
Ms. Garcia: Yes, I am.

On MOTION by Ms. Garcia seconded by Mr. Gomez with all in favor the Board approved reducing the operations and maintenance assessment for the general fund by $75.00.

August 5, 2020	Islands at Doral III CDD

Consideration of Resolution #2020-02 Annual Appropriation Resolution
Ms. Derryberry: Moving on to the resolutions, next we have Consideration of Resolution #2020-02 Annual Appropriation Resolution, we will adjust the general fund number to reflect the changes discussed.
Mr. Hernandez: The resolution will be tailored to correct the numbers and the motion would be to adopt the resolution, which adopts the budget with the indicated changes we just discussed.

On MOTION by Ms. Garcia seconded by Mr. Fuquen with all in favor Resolution #2020-02 Annual Appropriation Resolution was approved as-amended to reflect the changes discussed in reducing the operations and maintenance assessment.

Ms. Derryberry: I will need a motion to approve Resolution #2020-02 reflecting the changes in the budget to lower the amounts in the general fund as described by Luis.

Consideration of Resolution #2020-03 Levy of Non Ad Valorem Assessments
Ms. Derryberry: Moving on, next we have Consideration of Resolution #2020-03 Levy of Non Ad Valorem Assessments. Behind the resolution you will see a list of the assessments proposed for the operations and maintenance to allow us to put these on the tax roll of Miami-Dade County. This number will be changed on page one, and then Exhibit A will be adjusted to reflect the lower amounts as previously discussed. Are there any questions? If not a motion approving the resolution would be in order.
Mr. Hernandez: The numbers will be updated so all of the units aside from Madeira, which has the streetlighting as well, will be $60.92 and the total $223,848.88 amount will be reduced to $103,698.88. With that being said, the motion to approve the resolution with all of the indicated changes will mean the District will be updating the resolutions based on the direction from the Board and the adopted amount will be based on what the Board has discussed today.
Ms. Derryberry: Is there a motion to approve Resolution #2020-03?

On MOTION by Mr. Fuquen seconded by Ms. Garcia with all in favor Resolution #2020-03 Levy of Non Ad Valorem Assessments was approved as-amended to reflect the changes discussed in reducing the operations and maintenance assessment.

August 5, 2020	Islands at Doral III CDD

Motion to Close the Public Hearing
Ms. Derryberry: At this time, a motion to close the public hearing would be in order.

On MOTION by Ms. Garcia seconded by Mr. Gomez with all in favor the public hearing was closed.

FIFTH ORDER OF BUSINESS	Staff Reports
Attorney – Discussion of 2020 Legislative Update Memorandum
Ms. Derryberry:	Moving on to Item #5 on the agenda, which is Staff Reports.
Ginger, do you have anything for the Board?
Ms. Wald: I will go through this quickly because I have another meeting at 7:00 p.m., in your packet is the 2020 legislative update memorandum that we do each year. I would request that you read it, and if anybody has any questions, please either give me a call or send me an email. If you want all of the laws that go with it, I will be happy to send those to you. Thank you.

Engineer – Acceptance of District Engineer’s Report for Fiscal Year 2020

On MOTION by Mr. Gomez seconded by Mr. Camino with all in favor the District Engineer’s report for fiscal year 2020 was accepted.

Ms. Derryberry: Moving on to Engineer, there is no engineer present, but he did prepare and submit to our office the District Engineer’s report for fiscal year 2020. This is required pursuant to the terms of each indenture for the bonds issued in 2013 and 2014. It is a very simple report showing that the infrastructure has been completed and he states that there are sufficient funds in the District’s accounts to properly maintain, repair, and operate the public infrastructure. So, at this time, we would just need the Board to accept this report so we can send it to the Trustee to satisfy the requirements of the bond indentures. Is there a motion to accept the report?

Manager
Number of Registered Voters in the District – 1,740
Ms. Derryberry: Moving on Manager, #1 is that we are going to report there are 1,740 registered voters in the District. I am pretty sure that all of you already know that after a District has been in existence for six years and has more than 250 registered voters, the seats that are open go to general election. We have already reached both of those thresholds and are just reporting this information to you.

August 5, 2020	Islands at Doral III CDD

Consideration of Proposed Fiscal Year 2021 Meeting Schedule

On MOTION by Mr. Gomez seconded by Ms. Garcia with all in favor the fiscal year 2021 meeting schedule was approved as-presented.

Ms. Derryberry: Then #2 on the list is Consideration of Proposed Fiscal Year 2021 Meeting Schedule. The proposed dates are listed in this document, continuing to meet at 6:00 p.m. on the first Wednesday of each month listed at the Doral Legacy Park Conference Room to the extent that we can going forward, otherwise we will notify you if it is a communications media technology meeting. Are there any comments or questions about the proposed meeting schedule? If there are none, a motion approving this meeting schedule so that we can go ahead and publish it would be in order.

Discussion of Financial Disclosure Report from the Commission on Ethics and Reminder to File Annual Form
Ms. Derryberry: Behind Item #3 is the financial disclosure report for filing. It looks like four out of five Board members have submitted their Form 1’s with the Miami-Dade County Supervisor of Elections. Roman, I would encourage you to file yours as soon as possible if you haven’t already because there could be some lag time between when we pulled this report and what it is reflecting, but I encourage you to file it as soon as possible if you haven’t already.
Mr. Gomez: I did.
Ms. Wald: You can file it online with the Supervisor of Elections.
Mr. Gomez: I did. I heard they are behind on updating that information, though.
Ms. Wald: Do this, do it again and keep a record of it so you can say, hey, I did it twice, here is proof. If you email it, you definitely have proof.
Mr. Gomez: Okay, perfect. I will do that.
Ms. Derryberry: I can say from personal experience in Broward County, I filed three times electronically, then snail mail, and they finally got it by mail. I appreciate the situation you are in.
Mr. Hernandez: You might want to go by their office so you can get them to stamp it. The reason and importance of that matter is because technically you can be fined for not filing your form by the deadline. So, I would recommend you take one of those proactive actions so you will not be fined for that, especially if you already did it.

August 5, 2020	Islands at Doral III CDD

Monthly Lake Service Reports
Ms. Derryberry: The next pages in your agenda package are the monthly service reports. These are provided for your information as previously requested by the Board. These reports are provided by the Master Association. We asked them to provide them to us for your information, but if there are any questions, let me know and I can follow up with them. They are just to let you know that the lakes are being monitored by this lake management company.
SIXTH ORDER OF BUSINESS	Financial Reports
Approval of Check Register
Balance Sheet and Income Statement

On MOTION by Mr. Fuquen seconded by Mr. Camino with all in favor the check register and the balance sheet and income statement were approved.

Ms. Derryberry: Moving on to the Financial Reports, behind tab 6A, we have the check register, and then behind tab 6B, you will find your balance sheet and income statement. I will take any questions or concerns at this time. If there are none, a motion approving them would be in order.
SEVENTH ORDER OF BUSINESS	Supervisors Requests
There not being any, the next item followed.

EIGHTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Gomez seconded by Mr. Fuquen with all in favor the meeting was adjourned.

Ms. Derryberry: If there is no other business of the Board, a motion to adjourn the meeting would be in order.

Secretary / Assistant Secretary	Chairman / Vice Chairman

MINUTES OF MEETING ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT
A special meeting of the Board of Supervisors of the Islands at Doral III Community Development District was held on June 9, 2021 at 6:00 p.m. at the Doral Legacy Park Conference Room, 11400 N.W. 82nd Street, Doral, Florida.

Present and constituting a quorum were:
Henry Camino	Chairman
Javier Fuquen	Assistant Secretary
Sandra Milles	Assistant Secretary Also present were:
Lisa Derryberry	District Manager
Luis Hernandez	GMS (by phone)
Scott Cochran	District Counsel
Antonio Vergara	Resident

FIRST ORDER OF BUSINESS	Roll Call
Ms. Derryberry called the meeting to order and called the roll.

NINTH ORDER OF BUSINESS	Consideration	of	Resolution
#2021-04 Approving the Proposed Fiscal Year 2022 Budget and Setting the Public Hearing
Ms. Derryberry: We are going to skip down to Item #9, which is Consideration of Resolution #2021-04 Approving the Proposed Fiscal Year 2022 Budget and Setting the Public Hearing. Yesterday afternoon I did send everybody a revised package which included an analysis done by our District Engineer after concerns have been brought by several Board members over the years about the drainage and the cleaning of the drainage system. Your engineer, Juan Alvarez, did go out and did a review and obtained three proposals to have the drains cleaned. He came back with three proposals, which you can see on the tablets, but I do also have copies for you, as well. The recommendation is that all of the drains be cleaned all at once to get the Board comfortable that all of the drains have been cleaned. In the past, we have never been

June 9, 2021	Islands at Doral III CDD

able to obtain any information from the HOA about when it was done, if it was done, etc., so the recommendation would be to have all of the drains cleaned all at once, then put the District on a schedule to do a certain amount every few years.
Mr. Camino: I think he wanted us to do 25% each time?
Ms. Derryberry: Yes, going forward. Right now, it is recommended to do them all at once so that we have a clean slate and then we will move forward with 25% at different times so that your budget can accommodate that. I believe Juan recommends going with the proposal from AEICC because they were the most responsive. Their proposal was in the middle of the amounts. They can do everything sometime within this calendar year. The District does have the funds to do this. Anyone who has been on the Board long enough or attended meetings long enough has known that over the years the assessments collected have been put into a surplus, and that was always to be used for unanticipated expenses. That amount has grown to almost $700,000, so you have the funds to proceed with this drainage cleaning now.
Ms. Milles: How much is it estimated for the job?
Ms. Derryberry: The proposal is in the amount of $122,000. Mr. Camino: And that is for everything in one year?
Ms. Derryberry: Yes, that is for all of the District in one year. That is the proposal to do everything currently in this calendar year.
Ms. Milles: The money in the reserves definitely covers that.
Mr. Camino: Did the Master Association ever give us any information at all?
Ms. Derryberry: It has to be at least four years ago since I became involved. I don’t have the dates for when the District assumed the responsibility.
Mr. Camino: Three or four years ago.
Ms. Derryberry: There was never any evidence that they provided that they were doing any maintenance.
Mr. Camino: We need to do it.
Mr. Fuquen: So AIECC is recommended over Shenandoah?
Ms. Derryberry: AIECC was recommended by the engineer as being the most responsive. Anyhow, I wanted to make you all aware of this before we discussed the proposed budget so you will know that it is not going to affect anything in the budget,

June 9, 2021	Islands at Doral III CDD

except for the amount in the reserves. They are more than sufficient to cover this. In speaking with Luis, and learning the history of what this Board has intended, they have always wanted to have at least $500,000 in the reserves. So, you have more than enough to take care of this undertaking which has been brought up at many meetings that I have attended as being a concern. Once that is done, the amount in your reserves will go down a little bit, but you can pay for this without impacting the budget at all, so that is why we wanted to have this discussion today about this, before we discussed and approved the budget.
Ms. Milles: Was this a responsibility of the CDD or the Master Association to do this job and they never did it before?
Ms. Derryberry: There was an agreement between the CDD and the HOA that it was their responsibility, but again, there was never any indication they did anything.
Ms. Milles: So, we are taking a responsibility from others because this should be the Master Association. We pay the Master Association to do this, so indirectly we are paying double because the Master Association isn’t doing this? This is not our responsibility. It is the Master Association’s. Who is going to go to the Master Association for the amount of money that we are going to be spending to take care of this even though it is not our responsibility?
Mr. Hernandez: Good evening, everybody. The statement I want to indicate for the record so everyone has a clear understanding is that the drainage system belongs to the CDD. So, it is not that the CDD is taking on someone else’s responsibility. What we are facing is that the CDD was never able to confirm that the maintenance for the drainage system was ever done. We don’t have any reports or confirmations that there has ever been any cleaning or maintenance to the system. What Lisa has presented, I personally think may make sense to table until the next meeting when the whole Board can be here, and the recommendation will be to do it entirely all at once. The recommendation from staff is to clean everything at once so we won’t have any problems going forward. The part that also needs to be said is that as of last year, I personally drove around after a big rain event, and I have not seen any areas that are flooding or concerning. Since there are no particular areas that I am concerned about at this point, if the Board wants to table this item until the next meeting, there is no problem. The importance of discussing this

June 9, 2021	Islands at Doral III CDD

today, though, is because it will change the amount in the reserves listed in the budget that is being presented today, but it will not affect the overall amount in the budget and therefore we will not need to worry about increasing the assessment levels and we will be able to move forward.
Ms. Derryberry: Okay, then we can table this item for further discussion until the next meeting and move on to Resolution #2021-04 Approving the Proposed Fiscal Year 2022 Budget and Setting the Public Hearing. The purpose of this resolution is to approve the proposed budget before you and set a public hearing date to adopt the final budget for next fiscal year. So, this resolution does two things. The proposed budget has no changes and maintains the same maintenance assessment per unit in 2021.
Mr. Camino: No changes.
Ms. Derryberry: No changes. If there are any questions about the budget, we can take them at this time.
Mr. Camino: I don’t have any.
Ms. Milles: I do. I was reading the attachment when you sent that email and we know we have the Series 2013 and the Series 2014. For the Series 2014, up-to-date we have an amount that we owe more than $700,000 but we have a surplus from the other bond. Can we use the surplus from the Series 2013 Bonds to the Series 2014 so we can pay off some of the debt with that surplus? If we can save $57,000, I want to do that.
Ms. Derryberry: The Series 2014 Bonds were issued to acquire the Monaco area, an expansion area of the District. It is only the responsibility of the 52 townhomes in that area to repay those bonds. These bonds are for separate assessment areas. If you look at the debt service in the budget, which is page 7 in the budget, it shows the debt service fund. At the bottom it shows that it is repaid by the 52 townhome units. Those individuals who own those townhomes are assessed for their share of that 2014 debt. The Series 2013 Bonds are shared across 1,550 homes, which is not Monaco. So, they are two different assessment areas and two different bond issuances, so no, you cannot do what you are suggesting for that reason. They are both debt obligations, but for different areas.
Ms. Milles: Okay. I have another question. If we have money in the bank, why do we not really get any interest? Doesn’t the bank have to give us interest?
Ms. Derryberry: Yes, it does.

June 9, 2021	Islands at Doral III CDD

Ms. Milles: Then why does it say income zero in the budget?
Mr. Hernandez: The District can only invest funds in what is called a State Board Account. That is the reason when you go to the balance sheet you will see that listed as that. The interest rate for the District is only around 1% though. The other thing I want people to understand is that the District has different accounts so it may seem like there are high balances, but the only funds the Board may have any options on is the
$1,023,912. Everything else goes through the trustee and the trustee has specific instructions where the funds can be allocated and how they can be handled.
Ms. Milles: I can see we pay interest, but no one pays us interest to keep the money in the bank.
Ms. Derryberry: If you look on the general fund page, you will see that. Mr. Hernandez: Page 152 on the tablet.
Ms. Derryberry: What Luis was pointing out is that the interest income adopted in the last budget was zero, but the actual was $363 projected for the next five months until the fiscal year as an additional $259 for $622 as interest earned. The interest rates are very low these days.
Mr. Hernandez: We cannot estimate the interest when we don’t have control. Ms. Milles: Luis, is the money in the bank in a particular savings account?
Mr. Hernandez: The District has almost $889,000 in the State Board Account. The State Board Account is one of the few that the District can put the money into and make some interest. The District is limited to where it can invest by the Florida Statutes.
Ms. Derryberry: The funds you are looking at are not in the account for the entire time from October 1st through September 30th because the tax bills don’t go out until November. If everyone paid in November, the first time they would come into our office to be deposited into the bank would be in December and those funds would start earning interest in the trustee bank in the State Board Account in December.
Ms. Milles: Looking at the history, my question is about how the money is kept in the bank to return us interest income? All I see is a bunch of zeros.
Ms. Derryberry: Because it doesn’t all come in on November 1st. When the tax bills go out in late October, funds start coming in come November when people get their tax bills, but some people don’t pay until March. So, the funds are being built up and

June 9, 2021	Islands at Doral III CDD

being sent to the trustee bank once or twice a month. Then, we get to May 1st and most of that money goes out to pay the bondholders on May 1st. You have an interest payment and a principal payment on May 1st of each year, so most of that money goes to the bondholders. You have all of the funds you have collected from people paying their tax bills, and then from people who didn’t pay theirs from tax certificate sales that come in and are used on November 1st. So, you don’t have that $1.4 million from day 1. It goes up and down and levels off.
Mr. Hernandez: As of yet, the District has collected 90%. If you go to Section XI, tab A, you are going to find on page 177 of the agenda package, it shows the earliest collection that the District had received was on March 19, 2021 and at that time, the District had collected 90% of total collections. This means that those who don’t pay by the end of March will receive a letter that if they choose not to pay with the penalty, that a tax certificate will be issued for those properties. It means that those funds will be collected sometime in June or July. The part that Lisa was showing is that as of yet, not everyone has paid, and that is the reason why the numbers you have unfortunately are not fully collected yet. A majority of the people wait until the last minute.
Ms. Milles: Okay. Now I understand. I have another idea. If we have $700,000 something in surplus, can we reduce that and return the money to the homeowners? It seems like too much.
Mr. Camino: We need to keep some reserves built up, though. We have the drainage cleaning, and if we have any emergencies, we will have a problem.
Mr. Hernandez: Just to answer the question, certainly it is an option the Board can contemplate, but right now, the only thing the Board needs to define is whether or not there is a need for an increase in the levy that will be assessed or not. In other words, the amount being charged per unit in the general fund on page 1 of the budget, or page 148 of the package, you will see the amount that is being levied for each property is
$60.92 with the exception being Madeira, because they are paying for some additional services and for that reason, they are being charge $106.48. That amount is the same amount that was levied last year. Prior to that, the District was charging $50 more because the Board felt at the time, they needed to build up a reserve. So, what you are seeing as excess funds, it was intended by the Board seven years ago to do build it up, and that is

June 9, 2021	Islands at Doral III CDD

why we have those funds. In saying all of that, the time that you will be able to define what direction you want to move in is not actually at today’s meeting, but at the time that you will be adopting the budget. Today all you need to decide is the worst-case scenario is that the highest amount you can charge the properties is the $60.92 and $106.48 for Madeira. That is the only part that needs to be determined today. Anything else can be decided on when you adopt the budget.
Mr. Camino: A Board member from Madeira asked about using a bank that has higher interest because it would benefit the community. I don’t know if that idea is possible or not?
Ms. Derryberry: Again, as Luis explained, the funds related to the bond issuances are restricted to the terms of the bonds. With regards to the funds in the general fund, it is with the State Board Administration and is available to municipalities in the State of Florida that many governmental entities use. I am not sure, and maybe Luis can help us, if general funds, which are used to pay day-to-day expenses for the District, can they be put into other vehicles that might have a higher interest rate, but for the higher interest, you might have restricted access to those funds.
Mr. Fuquen: I think he was talking about refinancing the bonds.
Mr. Camino: Yes, he wanted to know because the interest rates are lower.
Mr. Hernandez: Right now, the bonds cannot be refinanced until 2023. There is a timeframe the District has to wait. The last one was done in 2013. As we get closer to 2023, we can see if that is an option though.
Mr. Camino: Okay. I understand that and will explain that to him. Thank you.
Ms. Derryberry: And he can always call our office or email me for further explanation. Are there any other questions or concern on the proposed budget for the next fiscal year? Then, now the main thing we need to do is set the public hearing. As we discussed earlier, the next advertised meeting is on August 4th, which is not 60 days from today. This Board has preferred to meet on Wednesdays at 6:00 p.m. I can go downstairs right now and find out if August 11th, August 18th, or August 25th are available for this meeting room.
Mr. Hernandez: I just checked that August 11th is no problem. Ms. Derryberry: Okay.

June 9, 2021	Islands at Doral III CDD

Ms. Milles: Oh, you are downstairs?
Ms. Derryberry: So, for the members here, August 11, 2021 at 6:00 p.m. at this location works for all of you? If so, all I need is a motion to approve Resolution #2021-04 Approving the Proposed Fiscal Year 2022 Budget and Setting the Public Hearing, which I will fill in to reflect that.

On MOTION by Mr. Camino seconded by Mr. Fuquen with all in favor Resolution #2021-04 Approving the Proposed Fiscal Year 2022 Budget and Setting the Public Hearing was approved; and the public hearing was scheduled to be held on August 11, 2021 at 6:00 p.m. at the Doral Legacy Park Conference Room, 11400 N.W. 82nd Street, Doral, Florida.

SECOND ORDER OF BUSINESS	Organizational Matters
Consideration of Resolution #2021-01 Declaring Vacancies for Seat #4 and Seat #5

Consideration of Appointment(s) of Supervisor(s) to Unexpired Term(s) of Office for Seat #4 and Seat #5 (general election seats expiring 11/2024)

Oath of Office for Newly Appointed Supervisor(s)

Consideration of Resolution #2021-02 Electing Officers

Consideration of Resolution #2021-03 Ratifying Board Actions Taken During COVID-19 Virtual Meetings

THIRD ORDER OF BUSINESS	Audience Comments (please sign
in on the speaker list)

FOURTH ORDER OF BUSINESS	Approval of the Minutes of the
August 5, 2020 Meeting

FIFTH ORDER OF BUSINESS	E-Verify System
Ratification of Enrolling and Signing the MOU by the District Manager

Authorizing the Chairman to Sign the Blank MOU for the District’s Records

June 9, 2021	Islands at Doral III CDD

SIXTH ORDER OF BUSINESS	Ratification	of	Engagement
Letter with Grau & Associates to perform the Audit for Fiscal Year Ending September 30, 2020

SEVENTH ORDER OF BUSINESS	Appointment of Audit Selection
Committee

Audit Selection Committee Meeting
Opening Audit Selection Committee Meeting

Roll Call

Ratification of Criteria for Evaluation

Ratification of RFP

Ranking of Respondents to the RFP

Adjournment
EIGHTH ORDER OF BUSINESS	Selection of Audit Firms TENTH ORDER OF BUSINESS	Staff Reports
Attorney

Engineer

Manager
Number of Registered Voters in the District – 1,691
Discussion of Financial Disclosure Report and Reminder to File Annual Form

ELEVENTH ORDER OF BUSINESS	Financial Reports
Approval of Check Register
Balance Sheet and Income Statement

TWELFTH ORDER OF BUSINESS	Supervisors Requests
These items were tabled until the next meeting.

June 9, 2021	Islands at Doral III CDD

THIRTEENTH ORDER OF BUSINESS	Adjournment
Ms. Derryberry: Since we are tabling everything else, a motion to adjourn the meeting would be in order.

On MOTION by Mr. Camino seconded by Mr. Fuquen with all in favor the meeting was adjourned.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Company ID Number: 1631965

THE E-VERIFY MEMORANDUM OF UNDERSTANDING
FOR EMPLOYERS

ARTICLE I PURPOSE AND AUTHORITY
The parties to this agreement are the Department of Homeland Security (DHS) and the ISLANDS AT DORAL III Community Development District (Employer). The purpose of this
agreement is to set forth terms and conditions which the Employer will follow while participating in E- Verify.

E-Verify is a program that electronically confirms an employee’s eligibility to work in the United States after completion of Form I-9, Employment Eligibility Verification (Form I-9). This Memorandum of Understanding (MOU) explains certain features of the E-Verify program and describes specific responsibilities of the Employer, the Social Security Administration (SSA), and DHS.
Authority for the E-Verify program is found in Title IV, Subtitle A, of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (IIRIRA), Pub. L. 104-208, 110 Stat. 3009, as amended (8 U.S.C.
§ 1324a note). The Federal Acquisition Regulation (FAR) Subpart 22.18, “Employment Eligibility Verification” and Executive Order 12989, as amended, provide authority for Federal contractors and subcontractors (Federal contractor) to use E-Verify to verify the employment eligibility of certain employees working on Federal contracts.

ARTICLE II RESPONSIBILITIES
RESPONSIBILITIES OF THE EMPLOYER
The Employer agrees to display the following notices supplied by DHS in a prominent place that is clearly visible to prospective employees and all employees who are to be verified through the system:
Notice of E-Verify Participation
Notice of Right to Work
The Employer agrees to provide to the SSA and DHS the names, titles, addresses, and telephone numbers of the Employer representatives to be contacted about E-Verify. The Employer also agrees to keep such information current by providing updated information to SSA and DHS whenever the representatives’ contact information changes.
The Employer agrees to grant E-Verify access only to current employees who need E-Verify access. Employers must promptly terminate an employee’s E-Verify access if the employer is separated from the company or no longer needs access to E-Verify.

Company ID Number: 1631965

The Employer agrees to become familiar with and comply with the most recent version of the E-Verify User Manual.
The Employer agrees that any Employer Representative who will create E-Verify cases will complete the E-Verify Tutorial before that individual creates any cases.
The Employer agrees that all Employer representatives will take the refresher tutorials when prompted by E-Verify in order to continue using E-Verify. Failure to complete a refresher tutorial will prevent the Employer Representative from continued use of E-Verify.
The Employer agrees to comply with current Form I-9 procedures, with two exceptions:

If an employee presents a "List B" identity document, the Employer agrees to only accept "List B" documents that contain a photo. (List B documents identified in 8 C.F.R. § 274a.2(b)(1)(B)) can be presented during the Form I-9 process to establish identity.) If an employee objects to the photo requirement for religious reasons, the Employer should contact E-Verify at
888-464-4218.
If an employee presents a DHS Form I-551 (Permanent Resident Card), Form I-766 (Employment Authorization Document), or U.S. Passport or Passport Card to complete Form I-9, the Employer agrees to make a photocopy of the document and to retain the photocopy with the employee’s Form I-9. The Employer will use the photocopy to verify the photo and to assist DHS with its review of photo mismatches that employees contest. DHS may in the future designate other documents that activate the photo screening tool.
Note: Subject only to the exceptions noted previously in this paragraph, employees still retain the right to present any List A, or List B and List C, document(s) to complete the Form I-9.
The Employer agrees to record the case verification number on the employee's Form I-9 or to print the screen containing the case verification number and attach it to the employee's Form I-9.
The Employer agrees that, although it participates in E-Verify, the Employer has a responsibility to complete, retain, and make available for inspection Forms I-9 that relate to its employees, or from other requirements of applicable regulations or laws, including the obligation to comply with the antidiscrimination requirements of section 274B of the INA with respect to Form I-9 procedures.
The following modified requirements are the only exceptions to an Employer’s obligation to not employ unauthorized workers and comply with the anti-discrimination provision of the INA: (1) List B identity documents must have photos, as described in paragraph 6 above; (2) When an Employer confirms the identity and employment eligibility of newly hired employee using E-Verify procedures, the Employer establishes a rebuttable presumption that it has not violated section 274A(a)(1)(A) of the Immigration and Nationality Act (INA) with respect to the hiring of that employee; (3) If the Employer receives a final nonconfirmation for an employee, but continues to employ that person, the Employer must notify DHS and the Employer is subject to a civil money penalty between $550 and $1,100 for each failure to notify DHS of continued employment following a final nonconfirmation; (4) If the Employer continues to employ an employee after receiving a final nonconfirmation, then the Employer is subject to a rebuttable presumption that it has knowingly

Company ID Number: 1631965

employed an unauthorized alien in violation of section 274A(a)(1)(A); and (5) no E-Verify participant is civilly or criminally liable under any law for any action taken in good faith based on information provided through the E-Verify.
DHS reserves the right to conduct Form I-9 compliance inspections, as well as any other enforcement or compliance activity authorized by law, including site visits, to ensure proper use of E-Verify.
The Employer is strictly prohibited from creating an E-Verify case before the employee has been hired, meaning that a firm offer of employment was extended and accepted and Form I-9 was completed. The Employer agrees to create an E-Verify case for new employees within three Employer business days after each employee has been hired (after both Sections 1 and 2 of Form I-9 have been completed), and to complete as many steps of the E-Verify process as are necessary according to the E-Verify User Manual. If E-Verify is temporarily unavailable, the three-day time period will be extended until it is again operational in order to accommodate the Employer's attempting, in good faith, to make inquiries during the period of unavailability.
The Employer agrees not to use E-Verify for pre-employment screening of job applicants, in support of any unlawful employment practice, or for any other use that this MOU or the E-Verify User Manual does not authorize.
The Employer must use E-Verify for all new employees. The Employer will not verify selectively and will not verify employees hired before the effective date of this MOU. Employers who are Federal contractors may qualify for exceptions to this requirement as described in Article II.B of this MOU.
The Employer agrees to follow appropriate procedures (see Article III below) regarding tentative nonconfirmations. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify case. The Employer agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. Further, when employees contest a tentative nonconfirmation based upon a photo mismatch, the Employer must take additional steps (see Article III.B. below) to contact DHS with information necessary to resolve the challenge.
The Employer agrees not to take any adverse action against an employee based upon the employee's perceived employment eligibility status while SSA or DHS is processing the verification request unless the Employer obtains knowledge (as defined in 8 C.F.R. § 274a.1(l)) that the employee is not work authorized. The Employer understands that an initial inability of the SSA or DHS automated verification system to verify work authorization, a tentative nonconfirmation, a case in continuance (indicating the need for additional time for the government to resolve a case), or the finding of a photo mismatch, does not establish, and should not be interpreted as, evidence that the employee is not work authorized. In any of such cases, the employee must be provided a full and fair opportunity to contest the finding, and if he or she does so, the employee may not be terminated or suffer any adverse employment consequences based upon the employee’s perceived employment eligibility status

Company ID Number: 1631965

(including denying, reducing, or extending work hours, delaying or preventing training, requiring an employee to work in poorer conditions, withholding pay, refusing to assign the employee to a Federal contract or other assignment, or otherwise assuming that he or she is unauthorized to work) until and unless secondary verification by SSA or DHS has been completed and a final nonconfirmation has been issued. If the employee does not choose to contest a tentative nonconfirmation or a photo mismatch or if a secondary verification is completed and a final nonconfirmation is issued, then the Employer can find the employee is not work authorized and terminate the employee’s employment. Employers or employees with questions about a final nonconfirmation may call E-Verify at 1-888-464- 4218 (customer service) or 1-888-897-7781 (worker hotline).
The Employer agrees to comply with Title VII of the Civil Rights Act of 1964 and section 274B of the INA as applicable by not discriminating unlawfully against any individual in hiring, firing, employment eligibility verification, or recruitment or referral practices because of his or her national origin or citizenship status, or by committing discriminatory documentary practices. The Employer understands that such illegal practices can include selective verification or use of E-Verify except as provided in part D below, or discharging or refusing to hire employees because they appear or sound “foreign” or have received tentative nonconfirmations. The Employer further understands that any violation of the immigration-related unfair employment practices provisions in section 274B of the INA could subject the Employer to civil penalties, back pay awards, and other sanctions, and violations of Title VII could subject the Employer to back pay awards, compensatory and punitive damages. Violations of either section 274B of the INA or Title VII may also lead to the termination of its participation in E-Verify. If the Employer has any questions relating to the anti-discrimination provision, it should contact OSC at 1-800-255-8155 or 1-800-237-2515 (TDD).
The Employer agrees that it will use the information it receives from E-Verify only to confirm the employment eligibility of employees as authorized by this MOU. The Employer agrees that it will safeguard this information, and means of access to it (such as PINS and passwords), to ensure that it is not used for any other purpose and as necessary to protect its confidentiality, including ensuring that it is not disseminated to any person other than employees of the Employer who are authorized to perform the Employer's responsibilities under this MOU, except for such dissemination as may be authorized in advance by SSA or DHS for legitimate purposes.
The Employer agrees to notify DHS immediately in the event of a breach of personal information. Breaches are defined as loss of control or unauthorized access to E-Verify personal data. All suspected or confirmed breaches should be reported by calling 1-888-464-4218 or via email at
E-Verify@dhs.gov. Please use “Privacy Incident – Password” in the subject line of your email when sending a breach report to E-Verify.
The Employer acknowledges that the information it receives from SSA is governed by the Privacy Act (5 U.S.C. § 552a(i)(1) and (3)) and the Social Security Act (42 U.S.C. 1306(a)). Any person who obtains this information under false pretenses or uses it for any purpose other than as provided for in this MOU may be subject to criminal penalties.
The Employer agrees to cooperate with DHS and SSA in their compliance monitoring and evaluation of E-Verify, which includes permitting DHS, SSA, their contractors and other agents, upon

Company ID Number: 1631965

reasonable notice, to review Forms I-9 and other employment records and to interview it and its employees regarding the Employer’s use of E-Verify, and to respond in a prompt and accurate manner to DHS requests for information relating to their participation in E-Verify.
The Employer shall not make any false or unauthorized claims or references about its participation in E-Verify on its website, in advertising materials, or other media. The Employer shall not describe its services as federally-approved, federally-certified, or federally-recognized, or use language with a similar intent on its website or other materials provided to the public. Entering into this MOU does not mean that E-Verify endorses or authorizes your E-Verify services and any claim to that effect is false.
The Employer shall not state in its website or other public documents that any language used therein has been provided or approved by DHS, USCIS or the Verification Division, without first obtaining the prior written consent of DHS.
The Employer agrees that E-Verify trademarks and logos may be used only under license by DHS/USCIS (see M-795 (Web)) and, other than pursuant to the specific terms of such license, may not be used in any manner that might imply that the Employer’s services, products, websites, or publications are sponsored by, endorsed by, licensed by, or affiliated with DHS, USCIS, or E-Verify.
The Employer understands that if it uses E-Verify procedures for any purpose other than as authorized by this MOU, the Employer may be subject to appropriate legal action and termination of its participation in E-Verify according to this MOU.
RESPONSIBILITIES OF FEDERAL CONTRACTORS
If the Employer is a Federal contractor with the FAR E-Verify clause subject to the employment verification terms in Subpart 22.18 of the FAR, it will become familiar with and comply with the most current version of the E-Verify User Manual for Federal Contractors as well as the E-Verify Supplemental Guide for Federal Contractors.
In addition to the responsibilities of every employer outlined in this MOU, the Employer understands that if it is a Federal contractor subject to the employment verification terms in Subpart 22.18 of the FAR it must verify the employment eligibility of any “employee assigned to the contract” (as defined in FAR 22.1801). Once an employee has been verified through E-Verify by the Employer, the Employer may not create a second case for the employee through E-Verify.
An Employer that is not enrolled in E-Verify as a Federal contractor at the time of a contract award must enroll as a Federal contractor in the E-Verify program within 30 calendar days of contract award and, within 90 days of enrollment, begin to verify employment eligibility of new hires using E-Verify. The Employer must verify those employees who are working in the United States, whether or not they are assigned to the contract. Once the Employer begins verifying new hires, such verification of new hires must be initiated within three business days after the hire date. Once enrolled in E-Verify as a Federal contractor, the Employer must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee’s assignment to the contract, whichever date is later.

Company ID Number: 1631965

Employers enrolled in E-Verify as a Federal contractor for 90 days or more at the time of a contract award must use E-Verify to begin verification of employment eligibility for new hires of the Employer who are working in the United States, whether or not assigned to the contract, within three business days after the date of hire. If the Employer is enrolled in E-Verify as a Federal contractor for 90 calendar days or less at the time of contract award, the Employer must, within 90 days of enrollment, begin to use E-Verify to initiate verification of new hires of the contractor who are working in the United States, whether or not assigned to the contract. Such verification of new hires must be initiated within three business days after the date of hire. An Employer enrolled as a Federal contractor in E-Verify must begin verification of each employee assigned to the contract within 90 calendar days after date of contract award or within 30 days after assignment to the contract, whichever is later.
Federal contractors that are institutions of higher education (as defined at 20 U.S.C. 1001(a)), state or local governments, governments of Federally recognized Indian tribes, or sureties performing under a takeover agreement entered into with a Federal agency under a performance bond may choose to only verify new and existing employees assigned to the Federal contract. Such Federal contractors may, however, elect to verify all new hires, and/or all existing employees hired after November 6, 1986. Employers in this category must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee’s assignment to the contract, whichever date is later.
Upon enrollment, Employers who are Federal contractors may elect to verify employment eligibility of all existing employees working in the United States who were hired after November 6, 1986, instead of verifying only those employees assigned to a covered Federal contract. After enrollment, Employers must elect to verify existing staff following DHS procedures and begin
E-Verify verification of all existing employees within 180 days after the election.
The Employer may use a previously completed Form I-9 as the basis for creating an E-Verify case for an employee assigned to a contract as long as:
That Form I-9 is complete (including the SSN) and complies with Article II.A.6,
The employee’s work authorization has not expired, and
The Employer has reviewed the Form I-9 information either in person or in communications with the employee to ensure that the employee’s Section 1, Form I-9 attestation has not changed (including, but not limited to, a lawful permanent resident alien having become a naturalized U.S. citizen).
The Employer shall complete a new Form I-9 consistent with Article II.A.6 or update the previous Form I-9 to provide the necessary information if:
The Employer cannot determine that Form I-9 complies with Article II.A.6,
The employee’s basis for work authorization as attested in Section 1 has expired or changed, or
The Form I-9 contains no SSN or is otherwise incomplete.
Note: If Section 1 of Form I-9 is otherwise valid and up-to-date and the form otherwise complies with

Company ID Number: 1631965

Article II.C.5, but reflects documentation (such as a U.S. passport or Form I-551) that expired after completing Form I-9, the Employer shall not require the production of additional documentation, or use the photo screening tool described in Article II.A.5, subject to any additional or superseding instructions that may be provided on this subject in the E-Verify User Manual.
The Employer agrees not to require a second verification using E-Verify of any assigned employee who has previously been verified as a newly hired employee under this MOU or to authorize verification of any existing employee by any Employer that is not a Federal contractor based on this Article.
The Employer understands that if it is a Federal contractor, its compliance with this MOU is a performance requirement under the terms of the Federal contract or subcontract, and the Employer consents to the release of information relating to compliance with its verification responsibilities under this MOU to contracting officers or other officials authorized to review the Employer’s compliance with Federal contracting requirements.
RESPONSIBILITIES OF SSA
SSA agrees to allow DHS to compare data provided by the Employer against SSA’s database. SSA sends DHS confirmation that the data sent either matches or does not match the information in SSA’s database.
SSA agrees to safeguard the information the Employer provides through E-Verify procedures. SSA also agrees to limit access to such information, as is appropriate by law, to individuals responsible for the verification of Social Security numbers or responsible for evaluation of E-Verify or such other persons or entities who may be authorized by SSA as governed by the Privacy Act (5 U.S.C. § 552a), the Social Security Act (42 U.S.C. 1306(a)), and SSA regulations (20 CFR Part 401).
SSA agrees to provide case results from its database within three Federal Government work days of the initial inquiry. E-Verify provides the information to the Employer.
SSA agrees to update SSA records as necessary if the employee who contests the SSA tentative nonconfirmation visits an SSA field office and provides the required evidence. If the employee visits an SSA field office within the eight Federal Government work days from the date of referral to SSA, SSA agrees to update SSA records, if appropriate, within the eight-day period unless SSA determines that more than eight days may be necessary. In such cases, SSA will provide additional instructions to the employee. If the employee does not visit SSA in the time allowed, E-Verify may provide a final nonconfirmation to the employer.
Note: If an Employer experiences technical problems, or has a policy question, the employer should contact E-Verify at 1-888-464-4218.
RESPONSIBILITIES OF DHS
DHS agrees to provide the Employer with selected data from DHS databases to enable the Employer to conduct, to the extent authorized by this MOU:
Automated verification checks on alien employees by electronic means, and

Company ID Number: 1631965

Photo verification checks (when available) on employees.
DHS agrees to assist the Employer with operational problems associated with the Employer's participation in E-Verify. DHS agrees to provide the Employer names, titles, addresses, and telephone numbers of DHS representatives to be contacted during the E-Verify process.
DHS agrees to provide to the Employer with access to E-Verify training materials as well as an
E-Verify User Manual that contain instructions on E-Verify policies, procedures, and requirements for both SSA and DHS, including restrictions on the use of E-Verify.
DHS agrees to train Employers on all important changes made to E-Verify through the use of mandatory refresher tutorials and updates to the E-Verify User Manual. Even without changes to E-Verify, DHS reserves the right to require employers to take mandatory refresher tutorials.
DHS agrees to provide to the Employer a notice, which indicates the Employer's participation in
E-Verify. DHS also agrees to provide to the Employer anti-discrimination notices issued by the Office of Special Counsel for Immigration-Related Unfair Employment Practices (OSC), Civil Rights Division,
U.S. Department of Justice.

DHS agrees to issue each of the Employer’s E-Verify users a unique user identification number and password that permits them to log in to E-Verify.
DHS agrees to safeguard the information the Employer provides, and to limit access to such information to individuals responsible for the verification process, for evaluation of E-Verify, or to such other persons or entities as may be authorized by applicable law. Information will be used only to verify the accuracy of Social Security numbers and employment eligibility, to enforce the INA and Federal criminal laws, and to administer Federal contracting requirements.
DHS agrees to provide a means of automated verification that provides (in conjunction with SSA verification procedures) confirmation or tentative nonconfirmation of employees' employment eligibility within three Federal Government work days of the initial inquiry.
DHS agrees to provide a means of secondary verification (including updating DHS records) for employees who contest DHS tentative nonconfirmations and photo mismatch tentative nonconfirmations. This provides final confirmation or nonconfirmation of the employees' employment eligibility within 10 Federal Government work days of the date of referral to DHS, unless DHS determines that more than 10 days may be necessary. In such cases, DHS will provide additional verification instructions.
ARTICLE III
REFERRAL OF INDIVIDUALS TO SSA AND DHS
REFERRAL TO SSA
If the Employer receives a tentative nonconfirmation issued by SSA, the Employer must print the notice as directed by E-Verify. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify

Company ID Number: 1631965

case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending.
The Employer agrees to obtain the employee’s response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation.
After a tentative nonconfirmation, the Employer will refer employees to SSA field offices only as directed by E-Verify. The Employer must record the case verification number, review the employee information submitted to E-Verify to identify any errors, and find out whether the employee contests the tentative nonconfirmation. The Employer will transmit the Social Security number, or any other corrected employee information that SSA requests, to SSA for verification again if this review indicates a need to do so.
The Employer will instruct the employee to visit an SSA office within eight Federal Government work days. SSA will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary.
While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates.
The Employer agrees not to ask the employee to obtain a printout from the Social Security Administration number database (the Numident) or other written verification of the SSN from the SSA.
REFERRAL TO DHS
If the Employer receives a tentative nonconfirmation issued by DHS, the Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending.
The Employer agrees to obtain the employee’s response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation.
The Employer agrees to refer individuals to DHS only when the employee chooses to contest a tentative nonconfirmation.
If the employee contests a tentative nonconfirmation issued by DHS, the Employer will instruct the

Company ID Number: 1631965

employee to contact DHS through its toll-free hotline (as found on the referral letter) within eight Federal Government work days.
If the Employer finds a photo mismatch, the Employer must provide the photo mismatch tentative nonconfirmation notice and follow the instructions outlined in paragraph 1 of this section for tentative nonconfirmations, generally.
The Employer agrees that if an employee contests a tentative nonconfirmation based upon a photo mismatch, the Employer will send a copy of the employee’s Form I-551, Form I-766, U.S. Passport, or passport card to DHS for review by:
Scanning and uploading the document, or
Sending a photocopy of the document by express mail (furnished and paid for by the employer).
The Employer understands that if it cannot determine whether there is a photo match/mismatch, the Employer must forward the employee’s documentation to DHS as described in the preceding paragraph. The Employer agrees to resolve the case as specified by the DHS representative who will determine the photo match or mismatch.
DHS will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary.
While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates.
ARTICLE IV SERVICE PROVISIONS
A. NO SERVICE FEES
SSA and DHS will not charge the Employer for verification services performed under this MOU. The Employer is responsible for providing equipment needed to make inquiries. To access E-Verify, an Employer will need a personal computer with Internet access.
ARTICLE V MODIFICATION AND TERMINATION
MODIFICATION
This MOU is effective upon the signature of all parties and shall continue in effect for as long as the SSA and DHS operates the E-Verify program unless modified in writing by the mutual consent of all parties.
Any and all E-Verify system enhancements by DHS or SSA, including but not limited to E-Verify checking against additional data sources and instituting new verification policies or procedures, will be covered under this MOU and will not cause the need for a supplemental MOU that outlines these changes.

Company ID Number: 1631965

TERMINATION
The Employer may terminate this MOU and its participation in E-Verify at any time upon 30 days prior written notice to the other parties.
Notwithstanding Article V, part A of this MOU, DHS may terminate this MOU, and thereby the Employer’s participation in E-Verify, with or without notice at any time if deemed necessary because of the requirements of law or policy, or upon a determination by SSA or DHS that there has been a breach of system integrity or security by the Employer, or a failure on the part of the Employer to comply with established E-Verify procedures and/or legal requirements. The Employer understands that if it is a Federal contractor, termination of this MOU by any party for any reason may negatively affect the performance of its contractual responsibilities. Similarly, the Employer understands that if it is in a state where E-Verify is mandatory, termination of this by any party MOU may negatively affect the Employer’s business.
An Employer that is a Federal contractor may terminate this MOU when the Federal contract that requires its participation in E-Verify is terminated or completed. In such cases, the Federal contractor must provide written notice to DHS. If an Employer that is a Federal contractor fails to provide such notice, then that Employer will remain an E-Verify participant, will remain bound by the terms of this MOU that apply to non-Federal contractor participants, and will be required to use the E-Verify procedures to verify the employment eligibility of all newly hired employees.
The Employer agrees that E-Verify is not liable for any losses, financial or otherwise, if the Employer is terminated from E-Verify.
ARTICLE VI PARTIES
Some or all SSA and DHS responsibilities under this MOU may be performed by contractor(s), and SSA and DHS may adjust verification responsibilities between each other as necessary. By separate agreement with DHS, SSA has agreed to perform its responsibilities as described in this MOU.
Nothing in this MOU is intended, or should be construed, to create any right or benefit, substantive or procedural, enforceable at law by any third party against the United States, its agencies, officers, or employees, or against the Employer, its agents, officers, or employees.
The Employer may not assign, directly or indirectly, whether by operation of law, change of control or merger, all or any part of its rights or obligations under this MOU without the prior written consent of DHS, which consent shall not be unreasonably withheld or delayed. Any attempt to sublicense, assign, or transfer any of the rights, duties, or obligations herein is void.
Each party shall be solely responsible for defending any claim or action against it arising out of or related to E-Verify or this MOU, whether civil or criminal, and for any liability wherefrom, including (but not limited to) any dispute between the Employer and any other person or entity regarding the applicability of Section 403(d) of IIRIRA to any action taken or allegedly taken by the Employer.
The Employer understands that its participation in E-Verify is not confidential information and may be disclosed as authorized or required by law and DHS or SSA policy, including but not limited to,

Company ID Number: 1631965

Congressional oversight, E-Verify publicity and media inquiries, determinations of compliance with Federal contractual requirements, and responses to inquiries under the Freedom of Information Act (FOIA).
The individuals whose signatures appear below represent that they are authorized to enter into this MOU on behalf of the Employer and DHS respectively. The Employer understands that any inaccurate statement, representation, data or other information provided to DHS may subject the Employer, its subcontractors, its employees, or its representatives to: (1) prosecution for false statements pursuant to 18 U.S.C. 1001 and/or; (2) immediate termination of its MOU and/or; (3) possible debarment or suspension.
The foregoing constitutes the full agreement on this subject between DHS and the Employer.
To be accepted as an E-Verify participant, you should only sign the Employer’s Section of the signature page. If you have any questions, contact E-Verify at 1-888-464-4218.

Company ID Number: 1631965

Approved by:

Employer
ISLANDS AT DORAL III Community Development District	
Name (Please Type or Print)
Darren A De Santis	Title	
Signature
Electronically Signed	Date
01/21/2021	
Department of Homeland Security – Verification Division	
Name (Please Type or Print)
USCIS Verification Division	Title	
Signature
Electronically Signed	Date
01/21/2021	

Company ID Number: 1631965

Information Required for the E-Verify Program
Information relating to your Company:	

Company Name	ISLANDS AT DORAL III Community Development District	

Company Facility Address	5385 N Nob Hill Road Sunrise, FL 33351	

Company Alternate Address		
County or Parish	BROWARD	
Employer Identification Number	201240623	
North American Industry Classification Systems Code	925	

Parent Company		
Number of Employees	1 to 4	
Number of Sites Verified for	1	

Company ID Number: 1631965

Are you verifying for more than 1 site? If yes, please provide the number of sites verified for in each State:

FLORIDA	1 site(s)

Company ID Number: 1631965

Information relating to the Program Administrator(s) for your Company on policy questions or operational problems:
Name	Kelly Adams Phone Number	(865) 717 - 7700 Fax Number
Email Address	kadams@gmstnn.com

Name	Darren A De Santis Phone Number	(954) 721 - 8681 ext. 208 Fax Number
Email Address	ddesantis@gmssf.com

Company ID Number: 1631965

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Company ID Number: 	

THE E-VERIFY MEMORANDUM OF UNDERSTANDING
FOR EMPLOYERS
ARTICLE I PURPOSE AND AUTHORITY

The parties to this agreement are the Department of Homeland Security (DHS) and the Islands at Doral III CDD (Employer). The purpose of this agreement is to set forth terms and conditions which the Employer will follow while participating in E-Verify.

E-Verify is a program that electronically confirms an employee’s eligibility to work in the United States after completion of Form I-9, Employment Eligibility Verification (Form I-9). This Memorandum of Understanding (MOU) explains certain features of the E-Verify program and describes specific responsibilities of the Employer, the Social Security Administration (SSA), and DHS.

Authority for the E-Verify program is found in Title IV, Subtitle A, of the Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (IIRIRA), Pub. L. 104-208, 110 Stat.
3009, as amended (8 U.S.C. § 1324a note). The Federal Acquisition Regulation (FAR) Subpart 22.18, “Employment Eligibility Verification” and Executive Order 12989, as amended, provide authority for Federal contractors and subcontractors (Federal contractor) to use E-Verify to verify the employment eligibility of certain employees working on Federal contracts.

ARTICLE II RESPONSIBILITIES

RESPONSIBILITIES OF THE EMPLOYER

The Employer agrees to display the following notices supplied by DHS in a prominent place that is clearly visible to prospective employees and all employees who are to be verified through the system:
Notice of E-Verify Participation
Notice of Right to Work
The Employer agrees to provide to the SSA and DHS the names, titles, addresses, and telephone numbers of the Employer representatives to be contacted about E-Verify. The Employer also agrees to keep such information current by providing updated information to SSA and DHS whenever the representatives’ contact information changes.
The Employer agrees to grant E-Verify access only to current employees who need E- Verify access. Employers must promptly terminate an employee’s E-Verify access if the

employee is separated from the company or no longer needs access to E-Verify.
The Employer agrees to become familiar with and comply with the most recent version of the E-Verify User Manual.
The Employer agrees that any Employer Representative who will create E-Verify cases will complete the E-Verify Tutorial before that individual creates any cases.
The Employer agrees that all Employer representatives will take the refresher tutorials when prompted by E-Verify in order to continue using E-Verify. Failure to complete a refresher tutorial will prevent the Employer Representative from continued use of E-Verify.
The Employer agrees to comply with current Form I-9 procedures, with two exceptions:
If an employee presents a "List B" identity document, the Employer agrees to only accept "List B" documents that contain a photo. (List B documents identified in 8 C.F.R. § 274a.2(b)(1)(B)) can be presented during the Form I-9 process to establish identity.) If an employee objects to the photo requirement for religious reasons, the Employer should contact E-Verify at 888-464-4218.
If an employee presents a DHS Form I-551 (Permanent Resident Card), Form I-766 (Employment Authorization Document), or U.S. Passport or Passport Card to complete Form I-9, the Employer agrees to make a photocopy of the document and to retain the photocopy with the employee’s Form I-9. The Employer will use the photocopy to verify the photo and to assist DHS with its review of photo mismatches that employees contest. DHS may in the future designate other documents that activate the photo screening tool.

Note: Subject only to the exceptions noted previously in this paragraph, employees still retain the right to present any List A, or List B and List C, document(s) to complete the Form I-9.

The Employer agrees to record the case verification number on the employee's Form I-9 or to print the screen containing the case verification number and attach it to the employee's Form I-9.
The Employer agrees that, although it participates in E-Verify, the Employer has a responsibility to complete, retain, and make available for inspection Forms I-9 that relate to its employees, or from other requirements of applicable regulations or laws, including the obligation to comply with the antidiscrimination requirements of section 274B of the INA with respect to Form I-9 procedures.
The following modified requirements are the only exceptions to an Employer’s obligation to not employ unauthorized workers and comply with the anti- discrimination provision of the INA: (1) List B identity documents must have photos, as described in paragraph 6 above; (2) When an Employer confirms the identity and employment eligibility of newly hired employee using E-Verify procedures, the Employer establishes a rebuttable presumption that it has not violated section 274A(a)(1)(A) of the Immigration and Nationality Act (INA) with respect to the hiring of that employee; (3) If the Employer receives a final nonconfirmation for an employee, but continues to employ that person, the Employer must notify DHS and the Employer is subject to a civil money penalty between $550 and $1,100 for each failure to notify DHS of continued employment

following a final nonconfirmation; (4) If the Employer continues to employ an employee after receiving a final nonconfirmation, then the Employer is subject to a rebuttable presumption that it has knowingly employed an unauthorized alien in violation of section 274A(a)(1)(A); and (5) no E-Verify participant is civilly or criminally liable under any law for any action taken in good faith based on information provided through the E-Verify.
DHS reserves the right to conduct Form I-9 compliance inspections, as well as any other enforcement or compliance activity authorized by law, including site visits, to ensure proper use of E-Verify.
The Employer is strictly prohibited from creating an E-Verify case before the employee has been hired, meaning that a firm offer of employment was extended and accepted and Form I-9 was completed. The Employer agrees to create an E-Verify case for new employees within three Employer business days after each employee has been hired (after both Sections 1 and 2 of Form I-9 have been completed), and to complete as many steps of the E-Verify process as are necessary according to the E-Verify User Manual. If E-Verify is temporarily unavailable, the three-day time period will be extended until it is again operational in order to accommodate the Employer's attempting, in good faith, to make inquiries during the period of unavailability.
The Employer agrees not to use E-Verify for pre-employment screening of job applicants, in support of any unlawful employment practice, or for any other use that this MOU or the E-Verify User Manual does not authorize.
The Employer must use E-Verify for all new employees. The Employer will not verify selectively and will not verify employees hired before the effective date of this MOU. Employers who are Federal contractors may qualify for exceptions to this requirement as described in Article II.B of this MOU.
The Employer agrees to follow appropriate procedures (see Article III below) regarding tentative nonconfirmations. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify case. The Employer agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending. Further, when employees contest a tentative nonconfirmation based upon a photo mismatch, the Employer must take additional steps (see Article III.B. below) to contact DHS with information necessary to resolve the challenge.
The Employer agrees not to take any adverse action against an employee based upon the employee's perceived employment eligibility status while SSA or DHS is processing the verification request unless the Employer obtains knowledge (as defined in 8 C.F.R. § 274a.1(l)) that the employee is not work authorized. The Employer understands that an initial inability of the SSA or DHS automated verification system to verify work authorization, a tentative nonconfirmation, a case in continuance (indicating the need for additional time for the government to resolve a case), or the finding of a photo mismatch, does not establish, and should not be interpreted as, evidence that the employee is not work authorized. In any of such cases, the employee must be provided a full and fair opportunity to contest the finding, and if he or she does so, the employee

may not be terminated or suffer any adverse employment consequences based upon the employee’s perceived employment eligibility status (including denying, reducing, or extending work hours, delaying or preventing training, requiring an employee to work in poorer conditions, withholding pay, refusing to assign the employee to a Federal contract or other assignment, or otherwise assuming that he or she is unauthorized to work) until and unless secondary verification by SSA or DHS has been completed and a final nonconfirmation has been issued. If the employee does not choose to contest a tentative nonconfirmation or a photo mismatch or if a secondary verification is completed and a final nonconfirmation is issued, then the Employer can find the employee is not work authorized and terminate the employee’s employment. Employers or employees with questions about a final nonconfirmation may call E-Verify at 1-888-464-4218 (customer service) or 1-888-897-7781 (worker hotline).
The Employer agrees to comply with Title VII of the Civil Rights Act of 1964 and section 274B of the INA as applicable by not discriminating unlawfully against any individual in hiring, firing, employment eligibility verification, or recruitment or referral practices because of his or her national origin or citizenship status, or by committing discriminatory documentary practices. The Employer understands that such illegal practices can include selective verification or use of E-Verify except as provided in part D below, or discharging or refusing to hire employees because they appear or sound “foreign” or have received tentative nonconfirmations. The Employer further understands that any violation of the immigration-related unfair employment practices provisions in section 274B of the INA could subject the Employer to civil penalties, back pay awards, and other sanctions, and violations of Title VII could subject the Employer to back pay awards, compensatory and punitive damages. Violations of either section 274B of the INA or Title VII may also lead to the termination of its participation in E-Verify. If the Employer has any questions relating to the anti-discrimination provision, it should contact the Immigrant and Employee Rights Section, Civil Rights Division, U.S. Department of Justice at 1-800-255-8155 or 1-800-237-2515 (TTY) or go to https://www.justice.gov/ier.
The Employer agrees that it will use the information it receives from E-Verify only to confirm the employment eligibility of employees as authorized by this MOU. The Employer agrees that it will safeguard this information, and means of access to it (such as PINS and passwords), to ensure that it is not used for any other purpose and as necessary to protect its confidentiality, including ensuring that it is not disseminated to any person other than employees of the Employer who are authorized to perform the Employer's responsibilities under this MOU, except for such dissemination as may be authorized in advance by SSA or DHS for legitimate purposes.
The Employer agrees to notify DHS immediately in the event of a breach of personal information. Breaches are defined as loss of control or unauthorized access to E-Verify personal data. All suspected or confirmed breaches should be reported by calling 1-888- 464-4218 or via email at E-Verify@dhs.gov. Please use “Privacy Incident – Password” in the subject line of your email when sending a breach report to E-Verify.
The Employer acknowledges that the information it receives from SSA is governed by the Privacy Act (5 U.S.C. § 552a(i)(1) and (3)) and the Social Security Act (42 U.S.C. 1306(a)). Any person who obtains this information under false pretenses or uses it for any purpose other than as provided for in this MOU may be subject to criminal penalties.
The Employer agrees to cooperate with DHS and SSA in their compliance monitoring and evaluation of E-Verify, which includes permitting DHS, SSA, their contractors and

other agents, upon reasonable notice, to review Forms I-9 and other employment records and to interview it and its employees regarding the Employer’s use of E-Verify, and to respond in a prompt and accurate manner to DHS requests for information relating to their participation in E-Verify.
The Employer shall not make any false or unauthorized claims or references about its participation in E-Verify on its website, in advertising materials, or other media. The Employer shall not describe its services as federally-approved, federally-certified, or federally-recognized, or use language with a similar intent on its website or other materials provided to the public. Entering into this MOU does not mean that E-Verify endorses or authorizes your E-Verify services and any claim to that effect is false.
The Employer shall not state in its website or other public documents that any language used therein has been provided or approved by DHS, USCIS or the Verification Division, without first obtaining the prior written consent of DHS.
The Employer agrees that E-Verify trademarks and logos may be used only under license by DHS/USCIS (see M-795 (Web)) and, other than pursuant to the specific terms of such license, may not be used in any manner that might imply that the Employer’s services, products, websites, or publications are sponsored by, endorsed by, licensed by, or affiliated with DHS, USCIS, or E-Verify.
The Employer understands that if it uses E-Verify procedures for any purpose other than as authorized by this MOU, the Employer may be subject to appropriate legal action and termination of its participation in E-Verify according to this MOU.

RESPONSIBILITIES OF FEDERAL CONTRACTORS

If the Employer is a Federal contractor with the FAR E-Verify clause subject to the employment verification terms in Subpart 22.18 of the FAR, it will become familiar with and comply with the most current version of the E-Verify User Manual for Federal Contractors as well as the E-Verify Supplemental Guide for Federal Contractors.
In addition to the responsibilities of every employer outlined in this MOU, the Employer understands that if it is a Federal contractor subject to the employment verification terms in Subpart 22.18 of the FAR it must verify the employment eligibility of any “employee assigned to the contract” (as defined in FAR 22.1801). Once an employee has been verified through E-Verify by the Employer, the Employer may not create a second case for the employee through E-Verify.
An Employer that is not enrolled in E-Verify as a Federal contractor at the time of a contract award must enroll as a Federal contractor in the E-Verify program within 30 calendar days of contract award and, within 90 days of enrollment, begin to verify employment eligibility of new hires using E-Verify. The Employer must verify those employees who are working in the United States, whether or not they are assigned to the contract. Once the Employer begins verifying new hires, such verification of new hires must be initiated within three business days after the hire date. Once enrolled in E-Verify as a Federal contractor, the Employer must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee’s assignment to the contract, whichever date is later.
Employers enrolled in E-Verify as a Federal contractor for 90 days or more at the time of a contract award must use E-Verify to begin verification of employment

eligibility for new hires of the Employer who are working in the United States, whether or not assigned to the contract, within three business days after the date of hire. If the Employer is enrolled in E-Verify as a Federal contractor for 90 calendar days or less at the time of contract award, the Employer must, within 90 days of enrollment, begin to use E-Verify to initiate verification of new hires of the contractor who are working in the United States, whether or not assigned to the contract. Such verification of new hires must be initiated within three business days after the date of hire. An Employer enrolled as a Federal contractor in E- Verify must begin verification of each employee assigned to the contract within 90 calendar days after date of contract award or within 30 days after assignment to the contract, whichever is later.
Federal contractors that are institutions of higher education (as defined at 20
U.S.C. 1001(a)), state or local governments, governments of Federally recognized Indian tribes, or sureties performing under a takeover agreement entered into with a Federal agency under a performance bond may choose to only verify new and existing employees assigned to the Federal contract. Such Federal contractors may, however, elect to verify all new hires, and/or all existing employees hired after November 6, 1986. Employers in this category must begin verification of employees assigned to the contract within 90 calendar days after the date of enrollment or within 30 days of an employee’s assignment to the contract, whichever date is later.
Upon enrollment, Employers who are Federal contractors may elect to verify employment eligibility of all existing employees working in the United States who were hired after November 6, 1986, instead of verifying only those employees assigned to a covered Federal contract. After enrollment, Employers must elect to verify existing staff following DHS procedures and begin E-Verify verification of all existing employees within 180 days after the election.
The Employer may use a previously completed Form I-9 as the basis for creating an E-Verify case for an employee assigned to a contract as long as:
That Form I-9 is complete (including the SSN) and complies with Article II.A.6,
The employee’s work authorization has not expired, and
The Employer has reviewed the Form I-9 information either in person or in communications with the employee to ensure that the employee’s Section 1, Form I-9 attestation has not changed (including, but not limited to, a lawful permanent resident alien having become a naturalized U.S. citizen).
The Employer shall complete a new Form I-9 consistent with Article II.A.6 or update the previous Form I-9 to provide the necessary information if:
The Employer cannot determine that Form I-9 complies with Article II.A.6,
The employee’s basis for work authorization as attested in Section 1 has expired or changed, or
The Form I-9 contains no SSN or is otherwise incomplete.

Note: If Section 1 of Form I-9 is otherwise valid and up-to-date and the form otherwise complies with Article II.C.5, but reflects documentation (such as a U.S. passport or Form I-551) that expired after completing Form I-9, the Employer shall

not require the production of additional documentation, or use the photo screening tool described in Article II.A.5, subject to any additional or superseding instructions that may be provided on this subject in the E-Verify User Manual.

The Employer agrees not to require a second verification using E-Verify of any assigned employee who has previously been verified as a newly hired employee under this MOU or to authorize verification of any existing employee by any Employer that is not a Federal contractor based on this Article.
The Employer understands that if it is a Federal contractor, its compliance with this MOU is a performance requirement under the terms of the Federal contract or subcontract, and the Employer consents to the release of information relating to compliance with its verification responsibilities under this MOU to contracting officers or other officials authorized to review the Employer’s compliance with Federal contracting requirements.

RESPONSIBILITIES OF SSA

SSA agrees to allow DHS to compare data provided by the Employer against SSA’s database. SSA sends DHS confirmation that the data sent either matches or does not match the information in SSA’s database.
SSA agrees to safeguard the information the Employer provides through E-Verify procedures. SSA also agrees to limit access to such information, as is appropriate by law, to individuals responsible for the verification of Social Security numbers or responsible for evaluation of E-Verify or such other persons or entities who may be authorized by SSA as governed by the Privacy Act (5 U.S.C. § 552a), the Social Security Act (42 U.S.C. 1306(a)), and SSA regulations (20 CFR Part 401).
SSA agrees to provide case results from its database within three Federal Government work days of the initial inquiry. E-Verify provides the information to the Employer.
SSA agrees to update SSA records as necessary if the employee who contests the SSA tentative nonconfirmation visits an SSA field office and provides the required evidence. If the employee visits an SSA field office within the eight Federal Government work days from the date of referral to SSA, SSA agrees to update SSA records, if appropriate, within the eight-day period unless SSA determines that more than eight days may be necessary. In such cases, SSA will provide additional instructions to the employee. If the employee does not visit SSA in the time allowed, E-Verify may provide a final nonconfirmation to the employer.

Note: If an Employer experiences technical problems, or has a policy question, the employer should contact E-Verify at 1-888-464-4218.

RESPONSIBILITIES OF DHS

DHS agrees to provide the Employer with selected data from DHS databases to enable the Employer to conduct, to the extent authorized by this MOU:
Automated verification checks on alien employees by electronic means, and
Photo verification checks (when available) on employees.

DHS agrees to assist the Employer with operational problems associated with the Employer's participation in E-Verify. DHS agrees to provide the Employer names, titles, addresses, and telephone numbers of DHS representatives to be contacted during the E- Verify process.
DHS agrees to provide to the Employer with access to E-Verify training materials as well as an E-Verify User Manual that contain instructions on E-Verify policies, procedures, and requirements for both SSA and DHS, including restrictions on the use of E-Verify.
DHS agrees to train Employers on all important changes made to E-Verify through the use of mandatory refresher tutorials and updates to the E-Verify User Manual. Even without changes to E-Verify, DHS reserves the right to require employers to take mandatory refresher tutorials.
DHS agrees to provide to the Employer a notice, which indicates the Employer's participation in E-Verify. DHS also agrees to provide to the Employer anti-discrimination notices issued by the Immigrant and Employee Rights Section, Civil Rights Division, U.S. Department of Justice.
DHS agrees to issue each of the Employer’s E-Verify users a unique user identification number and password that permits them to log in to E-Verify.
DHS agrees to safeguard the information the Employer provides, and to limit access to such information to individuals responsible for the verification process, for evaluation of
E-Verify, or to such other persons or entities as may be authorized by applicable law. Information will be used only to verify the accuracy of Social Security numbers and employment eligibility, to enforce the INA and Federal criminal laws, and to administer Federal contracting requirements.
DHS agrees to provide a means of automated verification that provides (in conjunction with SSA verification procedures) confirmation or tentative nonconfirmation of employees' employment eligibility within three Federal Government work days of the initial inquiry.
DHS agrees to provide a means of secondary verification (including updating DHS records) for employees who contest DHS tentative nonconfirmations and photo mismatch tentative nonconfirmations. This provides final confirmation or nonconfirmation of the employees' employment eligibility within 10 Federal Government work days of the date of referral to DHS, unless DHS determines that more than 10 days may be necessary. In such cases, DHS will provide additional verification instructions.

ARTICLE III
REFERRAL OF INDIVIDUALS TO SSA AND DHS

REFERRAL TO SSA

If the Employer receives a tentative nonconfirmation issued by SSA, the Employer must print the notice as directed by E-Verify. The Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer agrees to provide written referral instructions to employees and instruct affected employees to bring the English copy of

the letter to the SSA. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending.
The Employer agrees to obtain the employee’s response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation.
After a tentative nonconfirmation, the Employer will refer employees to SSA field offices only as directed by E-Verify. The Employer must record the case verification number, review the employee information submitted to E-Verify to identify any errors, and find out whether the employee contests the tentative nonconfirmation. The Employer will transmit the Social Security number, or any other corrected employee information that SSA requests, to SSA for verification again if this review indicates a need to do so.
The Employer will instruct the employee to visit an SSA office within eight Federal Government work days. SSA will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary.
While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates.
The Employer agrees not to ask the employee to obtain a printout from the Social Security Administration number database (the Numident) or other written verification of the SSN from the SSA.

REFERRAL TO DHS

If the Employer receives a tentative nonconfirmation issued by DHS, the Employer must promptly notify employees in private of the finding and provide them with the notice and letter containing information specific to the employee’s E-Verify case. The Employer also agrees to provide both the English and the translated notice and letter for employees with limited English proficiency to employees. The Employer must allow employees to contest the finding, and not take adverse action against employees if they choose to contest the finding, while their case is still pending.
The Employer agrees to obtain the employee’s response about whether he or she will contest the tentative nonconfirmation as soon as possible after the Employer receives the tentative nonconfirmation. Only the employee may determine whether he or she will contest the tentative nonconfirmation.
The Employer agrees to refer individuals to DHS only when the employee chooses to contest a tentative nonconfirmation.
If the employee contests a tentative nonconfirmation issued by DHS, the Employer will instruct the employee to contact DHS through its toll-free hotline (as found on the referral letter) within eight Federal Government work days.
If the Employer finds a photo mismatch, the Employer must provide the photo mismatch tentative nonconfirmation notice and follow the instructions outlined in paragraph 1 of this section for tentative nonconfirmations, generally.
The Employer agrees that if an employee contests a tentative nonconfirmation based upon a photo mismatch, the Employer will send a copy of the employee’s Form I-551, Form I-766, U.S. Passport, or passport card to DHS for review by:

Scanning and uploading the document, or
Sending a photocopy of the document by express mail (furnished and paid for by the employer).
The Employer understands that if it cannot determine whether there is a photo match/mismatch, the Employer must forward the employee’s documentation to DHS as described in the preceding paragraph. The Employer agrees to resolve the case as specified by the DHS representative who will determine the photo match or mismatch.
DHS will electronically transmit the result of the referral to the Employer within 10 Federal Government work days of the referral unless it determines that more than 10 days is necessary.
While waiting for case results, the Employer agrees to check the E-Verify system regularly for case updates.

ARTICLE IV SERVICE PROVISIONS

NO SERVICE FEES

SSA and DHS will not charge the Employer for verification services performed under this MOU. The Employer is responsible for providing equipment needed to make inquiries. To access E-Verify, an Employer will need a personal computer with Internet access.

ARTICLE V MODIFICATION AND TERMINATION

MODIFICATION

This MOU is effective upon the signature of all parties and shall continue in effect for as long as the SSA and DHS operates the E-Verify program unless modified in writing by the mutual consent of all parties.
Any and all E-Verify system enhancements by DHS or SSA, including but not limited to E-Verify checking against additional data sources and instituting new verification policies or procedures, will be covered under this MOU and will not cause the need for a supplemental MOU that outlines these changes.

TERMINATION

The Employer may terminate this MOU and its participation in E-Verify at any time upon 30 days prior written notice to the other parties.
Notwithstanding Article V, part A of this MOU, DHS may terminate this MOU, and thereby the Employer’s participation in E-Verify, with or without notice at any time if deemed necessary because of the requirements of law or policy, or upon a determination by SSA or DHS that there has been a breach of system integrity or security by the Employer, or a failure on the part of the Employer to comply with established E-Verify procedures and/or legal requirements. The Employer understands that if it is a Federal contractor, termination of this MOU by any party for any reason may negatively affect the

performance of its contractual responsibilities. Similarly, the Employer understands that if it is in a state where E-Verify is mandatory, termination of this by any party MOU may negatively affect the Employer’s business.
An Employer that is a Federal contractor may terminate this MOU when the Federal contract that requires its participation in E-Verify is terminated or completed. In such cases, the Federal contractor must provide written notice to DHS. If an Employer that is a Federal contractor fails to provide such notice, then that Employer will remain an E-Verify participant, will remain bound by the terms of this MOU that apply to non-Federal contractor participants, and will be required to use the E-Verify procedures to verify the employment eligibility of all newly hired employees.
The Employer agrees that E-Verify is not liable for any losses, financial or otherwise, if the Employer is terminated from E-Verify.

ARTICLE VI PARTIES

Some or all SSA and DHS responsibilities under this MOU may be performed by contractor(s), and SSA and DHS may adjust verification responsibilities between each other as necessary. By separate agreement with DHS, SSA has agreed to perform its responsibilities as described in this MOU.
Nothing in this MOU is intended, or should be construed, to create any right or benefit, substantive or procedural, enforceable at law by any third party against the United States, its agencies, officers, or employees, or against the Employer, its agents, officers, or employees.
The Employer may not assign, directly or indirectly, whether by operation of law, change of control or merger, all or any part of its rights or obligations under this MOU without the prior written consent of DHS, which consent shall not be unreasonably withheld or delayed. Any attempt to sublicense, assign, or transfer any of the rights, duties, or obligations herein is void.
Each party shall be solely responsible for defending any claim or action against it arising out of or related to E-Verify or this MOU, whether civil or criminal, and for any liability wherefrom, including (but not limited to) any dispute between the Employer and any other person or entity regarding the applicability of Section 403(d) of IIRIRA to any action taken or allegedly taken by the Employer.
The Employer understands that its participation in E-Verify is not confidential information and may be disclosed as authorized or required by law and DHS or SSA policy, including but not limited to, Congressional oversight, E-Verify publicity and media inquiries, determinations of compliance with Federal contractual requirements, and responses to inquiries under the Freedom of Information Act (FOIA).
The individuals whose signatures appear below represent that they are authorized to enter into this MOU on behalf of the Employer and DHS respectively. The Employer understands that any inaccurate statement, representation, data or other information provided to DHS may subject the Employer, its subcontractors, its employees, or its representatives to: (1) prosecution for false statements pursuant to 18 U.S.C. 1001 and/or; (2) immediate termination of its MOU and/or; (3) possible debarment or suspension.
The foregoing constitutes the full agreement on this subject between DHS and the

Employer.

To be accepted as an E-Verify participant, you should only sign the Employer’s Section of the signature page. If you have any questions, contact E-Verify at 1-888- 464-4218.

Approved by:

E-Verify Employer	
Name (Please Type or Print)	Title	
Signature	Date	
Department of Homeland Security – Verification Division	
Name (Please Type or Print)	Title	
Signature	Date	

Information Required for E-Verify

Information relating to your Company:	
Company Name:		
Company Facility Address:		
Company Alternate Address:		
County or Parish:		

Employer Identification Number:		
North American Industry
Classification Systems Code:		
Parent Company:		
Number of Employees:		
Number of Sites Verified for:		
Are you verifying for more than one site?
If yes, please provide the number of sites verified for in each State:

State	Number of	Site(s) sites	

Information relating to the Program Administrator(s) for your Company on policy questions or operational problems:	
Name:		
Telephone Number:		
Fax Number:		
E-mail Address:		

Name:		
Telephone Number:		
Fax Number:		
E-mail Address:		

Proposed Budget
Fiscal Year 2022

Islands at Doral III Community Development District

August 11, 2021

Islands at Doral III
Community Development District

TABLE OF CONTENTS

General Fund
Budget	Page 1
Budget Narrative	Page 2-4

Debt Service Fund

Budget-Series 2013	Page 5
Amortization Schedule - Series 2013	Page 6

Budget-Series 2014	Page 7
Amortization Schedule - Series 2014	Page 8

Islands at Doral III		
Community Development District										General Fund	

Description		Adopted
Budget FY 2021		Actual
Thru 6/30/21		Projected Next
3 Months		Total
Projected 9/30/21		Proposed
Budget FY 2022	
Revenues											
Special Assessment - On Roll (net)		$98,514		$96,015		$2,499		$98,514		$98,514	
HOA Contributions		$14,250		$7,418		$2,473		$9,891		$14,250	
Interest Income		$500		$1,072		$357		$1,429		$500	
Unassigned Fund Balance		$26,931		$30,855	*	$0		$30,855		$26,932	
TOTAL REVENUES		$140,195		$135,360		$5,329		$140,689		$140,195	
Expenditures											
Administrative
Supervisor Fees		
$6,000		
$600		
$2,000		
$2,600		
$6,000	
FICA Expense		$459		$46		$153		$199		$459	
Unemployment		$150		$0		$0		$0		$150	
Engineering		$12,500		$2,018		$3,125		$5,143		$11,386	
Arbitrage		$600		$0		$600		$600		$600	
Dissemination		$1,100		$916		$275		$1,191		$1,200	
Attorney		$20,000		$4,000		$6,667		$10,667		$20,000	
Annual Audit		$4,100		$4,000		$0		$4,000		$4,500	
Trustee Fees		$10,500		$10,415		$0		$10,415		$10,500	
Management Fees		$45,672		$34,254		$11,418		$45,672		$45,672	
Computer Time		$1,000		$750		$250		$1,000		$1,000	
Telephone		$250		$0		$63		$63		$250	
Postage		$250		$112		$63		$175		$250	
Printing & Binding		$1,000		$12		$250		$262		$1,000	
Rentals & Leases		$2,400		$1,800		$600		$2,400		$2,400	
Insurance		$6,812		$6,503		$0		$6,503		$7,153	
Legal Advertising		$1,000		$185		$250		$435		$1,000	
Other Current Charges		$500		$423		$125		$548		$500	
Office Supplies		$250		$0		$63		$63		$250	
Dues, Licenses & Subscriptions		$175		$175		$0		$175		$175	
Website Compliance		$1,000		$750		$250		$1,000		$1,000	
TOTAL ADMINISTRATIVE		$115,718		$66,959		$26,150		$93,109		$115,445	
Field
Electricity-Madeira		
$6,000		
$3,941		
$1,500		
$5,441		
$6,000	
Electricity-Antilles/Belize		$14,250		$7,418		$3,563		$10,981		$14,250	
Contingency		$4,227		$0		$4,227		$4,227		$4,500	
TOTAL FIELD		$24,477		$11,359		$9,290		$20,649		$24,750	
											
TOTAL EXPENDITURES	$140,195		$78,318	$35,440	$113,757	$140,195 	
EXCESS REVENUES (EXPENDITURES)	
$0	
$57,042	
($30,111)	$26,932	$0	
		Net Assessment		$98,514	
* Note - Prior year surplus reserves are being used for the unassigned fund balance.		Discounts & Collections 5%		$5,185	
		Gross Assessment		$103,699	

Gross
Unit Type	# of Units	Per Unit
Townhomes (Expanded Area)	52	$60.92
3 Story Garden Units	480	$60.92
TH 23'	250	$60.92
TH 23' - Antillas	364	$60.92
TH 32'	42	$60.92
TH 35'-Madeira	134	$106.48
Single Family	280	$60.92

1,602	Gross Total
$3,167.84
$29,241.60
$15,230.00
$22,174.88
$2,558.64
$14,268.32
$17,057.60	
	$103,698.88	

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT
PROPOSED GENERAL FUND BUDGET FISCAL YEAR 2022
REVENUES:

Special Assessments
The District will levy a non ad-valorem special assessment on all taxable property within the District to fund all of the General Operating Expenditures for the fiscal year.

HOA Contributions
The portion of street lighting billed to the Antilles and Belize Communities.

Interest Income
The District will have all excess funds invested in an investment account with the State Board of Administration. The amount is based upon the estimated average balance of funds available during the fiscal year.

EXPENDITURES:
Administrative:

Supervisor Fees
The Florida Statutes allows each board member to receive $200 per meeting not to exceed $4,800 in one year. The amount for the fiscal year is based upon all 5 supervisors attending the estimated 4 meetings.

FICA Taxes
Related payroll taxes of 7.65% for above.

Engineering Fees
The District's engineer will be providing general engineering services to the District including attendance and preparation for board meetings, etc.

Arbitrage
The District is required to annually have an arbitrage rebate calculation on the District's Series 2013A Special Assessment Revenue Bonds.

Dissemination Agent
The District is required by the Security and Exchange Commission to comply with Rule 15(c)(2)-12(b)(5), which relates to additional reporting requirements for un-rated bond issues. The District has contracted with Prager & Company, the District's bond underwriter, to provide this service.

Attorney
The District's legal counsel will be providing general legal services to the District, i.e., attendance and preparation for monthly meetings, review operating and maintenance contracts, etc.

Annual Audit
The District is required annually to conduct an audit of its financial records by an Independent Certified Public Accounting Firm.

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT
PROPOSED GENERAL FUND BUDGET FISCAL YEAR 2022
Trustee Fees
The District issued Series 2013A and 2014A Special Assessment Revenue Bonds which are held with a Trustee at US Bank. The amount of the trustee fees is based on the agreement between US Bank and the District.

Management Fees
The District receives Management, Accounting and Administrative services as part of a Management Agreement with Governmental Management Services-South Florida. These services are further outlined in Exhibit "A" of the Management Agreement.

Computer Time
The District processes all of its financial activities, i.e., accounts payable, financial statements, etc. on a mainframe computer leased by Governmental Management Services-South Florida.

Telephone
Telephone and fax machine.

Postage
Mailing of agenda packages, overnight deliveries, correspondence, etc.

Printing & Binding
Printing and Binding agenda packages for board meetings, printing of computerized checks, stationary, envelopes etc.

Rental & Leases
The District will be charged $200 per month for office rent from Governmental Management Services-South Florida, Inc. for the District's Public Records office located in Miami.

Meeting Room Rental
The cost to reserve the Islands at Doral Clubhouse for the monthly meetings. The cost is based on $50 per meeting with 12 meetings scheduled.

Insurance
The District's General Liability & Public Officials Liability Insurance policy is with The Florida Insurance Alliance. They specialize in providing insurance coverage to governmental agencies.

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

Other Current Charges
Bank charges and any other miscellaneous expenses that are incurred during the year.

Office Supplies
Miscellaneous office supplies.

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT
PROPOSED GENERAL FUND BUDGET FISCAL YEAR 2022

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

Capital Outlay
Represents any minor capital expenditures the District may need to make during the Fiscal Year such as a file cabinet for District files.

Electricity
The cost of the electric service for street lighting in the District.

Reserves-Emergency Funds
Funds will be set aside for emergencies.

Contingency
Any unanticipated expenditure that may arise during the fiscal year.

Islands at Doral III	Debt Service Fund
Community Development District	Series 2013 Special Assessment Revenue Bonds

	Adopted
Budget		Actual
Thru		Projected
Next		Total
Projected		Proposed
Budget	
Description			FY 2021				6/30/21				3 Months				9/30/21				FY 2022		

Revenues											
Special Assessments - Levy		$1,458,233		$1,421,243		$36,990		$1,458,233		$1,458,233	
Interest Income		$0		$459		$153		$612		$0	
Carry Forward Surplus (1)		$1,059,011		$1,043,725		$0		$1,043,725		$1,065,401	
TOTAL REVENUES			$2,517,244 			$2,465,427 			$37,143 			$2,502,570 			$2,523,634 	

Expenditures

Series 2013

Interest - 11/01		$316,084		$316,084		$0		$316,084		$303,003	
Interest - 05/01		$316,084		$316,084		$0		$316,084		$303,003	
Principal - 05/01		$805,000		$805,000		$0		$805,000		$835,000	
TOTAL EXPENDITURES			$1,437,168 			$1,437,169 			$0 			$1,437,169 			$1,441,006 	
											
EXCESS REVENUES		$1,080,076		$1,028,258		$37,143		$1,065,401		$1,082,628	
				11/22 Interest		$288,912.50 	
Unit	No. of	Gross Assessment				
Type	Units	Per Unit Amount	Total			
3 Story Garden Units	480	$801.56	$384,748.80			
23' Townhomes	614	$901.75	$553,674.50			
32' Townhomes	42	$1,001.96	$42,082.32			
35' Townhomes	134	$1,102.14	$147,686.76			
SF Homes		280		$1,452.82		$406,789.60 			
	1550		$1,534,981.98			
Less Discount/Collection Fees		($76,749.10)
Net Assessment	$1,458,232.88		

(1) Carry forward surplus is net of the reserve requirement

Islands at Doral III
Community Development District
Series 2013 Special Assessment Bonds

AMORTIZATION SCHEDULE

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	

05/01/21	
$ 16,030,000.00	
$	805,000.00	
$  316,084.38	
$	-	
11/01/21	$ 15,225,000.00	$	-	$  303,003.13	$ 1,424,087.50	
05/01/22	$ 15,225,000.00	$	835,000.00	$  303,003.13	$	-	
11/01/22	$ 14,390,000.00	$	-	$  288,912.50	$ 1,426,915.63	
05/01/23	$ 14,390,000.00	$	865,000.00	$  288,912.50	$	-	
11/01/23	$ 13,525,000.00	$	-	$  273,775.00	$ 1,427,687.50	
05/01/24	$ 13,525,000.00	$	895,000.00	$  273,775.00	$	-	
11/01/24	$ 12,630,000.00	$	-	$  257,553.13	$ 1,426,328.13	
05/01/25	$ 12,630,000.00	$	925,000.00	$  257,553.13	$	-	
11/01/25	$ 11,705,000.00	$	-	$  240,209.38	$ 1,422,762.50	
05/01/26	$ 11,705,000.00	$	965,000.00	$  240,209.38	$	-	
11/01/26	$ 10,740,000.00	$	-	$  221,512.50	$ 1,426,721.88	
05/01/27	$ 10,740,000.00	$ 1,005,000.00	$  221,512.50	$	-	
11/01/27	$ 9,735,000.00	$	-	$  200,784.38	$ 1,427,296.88	
05/01/28	$ 9,735,000.00	$ 1,045,000.00	$  200,784.38	$	-	
11/01/28	$ 8,690,000.00	$	-	$  179,231.25	$ 1,425,015.63	
05/01/29	$ 8,690,000.00	$ 1,090,000.00	$  179,231.25	$	-	
11/01/29	$ 7,600,000.00	$	-	$  156,750.00	$ 1,425,981.25	
05/01/30	$ 7,600,000.00	$ 1,140,000.00	$  156,750.00	$	-	
11/01/30	$ 6,460,000.00	$	-	$  133,237.50	$ 1,429,987.50	
05/01/31	$ 6,460,000.00	$ 1,190,000.00	$  133,237.50	$	-	
11/01/31	$ 5,270,000.00	$	-	$  108,693.75	$ 1,431,931.25	
05/01/32	$ 5,270,000.00	$ 1,235,000.00	$  108,693.75	$	-	
11/01/32	$ 4,035,000.00	$	-	$	83,221.88	$ 1,426,915.63	
05/01/33	$ 4,035,000.00	$ 1,290,000.00	$	83,221.88	$	-	
11/01/33	$ 2,745,000.00	$	-	$	56,615.63	$ 1,429,837.50	
05/01/34	$ 2,745,000.00	$ 1,345,000.00	$	56,615.63	$	-	
11/01/34	$ 1,400,000.00	$	-	$	28,875.00	$ 1,430,490.63	
05/01/35	$ 1,400,000.00	$ 1,400,000.00	$	28,875.00	$ 1,428,875.00	
		$ 16,030,000.00	$ 5,380,834.38	$ 21,410,834.38	

Islands at Doral III	Debt Service Fund
Community Development District	Series 2014 Special Assessment Revenue Bonds

Adopted	Actual	Projected		Total	Proposed Budget		Thru		Next	Projected		Budget
 Description			FY 2021			6/30/21	 	3 Months			9/30/21	 	FY 2022	

Revenues

Special Assessments - Levy	$57,272	$55,820	$1,452	$57,272	$57,272 Interest Income		$0		$10		$3		$13		$0
Carry Forward Surplus (1)	$27,693	$28,146	$0	$28,146	$28,359

  TOTAL REVENUES			$84,965 		$83,976  	$1,456 		$85,432  	$85,632 

Expenditures

Series 2014
Interest - 11/01	$20,536	$20,536	$0	$20,536	$20,156
Interest - 05/01	$20,536	$20,536	$0	$20,536	$20,156
Principal - 05/01	$16,000	$16,000	$0	$16,000	$17,000

  TOTAL EXPENDITURES			$57,072 		$57,073  	$0 		$57,073  	$57,313 

EXCESS REVENUES	$27,893	$26,904	$1,456	$28,359	$28,319

Unit
 Type	
Townhomes

No. of	Gross Assessment
 Units 		Per Unit Amount 
52	$1,159.36

Less Discount/Commission Fees
Net Assessment

	Total	
$60,286.72
	($3,014.34)
$57,272.38

11/22 Interest		$19,752.50 

(1) Carry forward surplus is net of the reserve requirement

Islands at Doral III
Community Development District
Series 2014 Special Assessment Bonds

AMORTIZATION SCHEDULE

DATE	BALANCE	PRINCIPAL	INTEREST	TOTAL	

05/01/21	
$ 756,000.00	
$  16,000.00	
$ 20,536.25 $	
-	
11/01/21	$ 740,000.00	$	-	$ 20,156.25 $	56,692.50	
05/01/22	$ 740,000.00	$  17,000.00	$ 20,156.25 $	-	
11/01/22	$ 723,000.00	$	-	$ 19,752.50 $	56,908.75	
05/01/23	$ 723,000.00	$  18,000.00	$ 19,752.50 $	-	
11/01/23	$ 705,000.00	$	-	$ 19,325.00 $	57,077.50	
05/01/24	$ 705,000.00	$  19,000.00	$ 19,325.00 $	-	
11/01/24	$ 686,000.00	$	-	$ 18,873.75 $	57,198.75	
05/01/25	$ 686,000.00	$  20,000.00	$ 18,873.75 $	-	
11/01/25	$ 666,000.00	$	-	$ 18,398.75 $	57,272.50	
05/01/26	$ 666,000.00	$  21,000.00	$ 18,398.75 $	-	
11/01/26	$ 645,000.00	$	-	$ 17,834.38 $	57,233.13	
05/01/27	$ 645,000.00	$  22,000.00	$ 17,834.38 $	-	
11/01/27	$ 623,000.00	$	-	$ 17,243.13 $	57,077.50	
05/01/28	$ 623,000.00	$  23,000.00	$ 17,243.13 $	-	
11/01/28	$ 600,000.00	$	-	$ 16,625.00 $	56,868.13	
05/01/29	$ 600,000.00	$  24,000.00	$ 16,625.00 $	-	
11/01/29	$ 576,000.00	$	-	$ 15,980.00 $	56,605.00	
05/01/30	$ 576,000.00	$  26,000.00	$ 15,980.00 $	-	
11/01/30	$ 550,000.00	$	-	$ 15,281.25 $	57,261.25	
05/01/31	$ 550,000.00	$  27,000.00	$ 15,281.25 $	-	
11/01/31	$ 523,000.00	$	-	$ 14,555.63 $	56,836.88	
05/01/32	$ 523,000.00	$  28,000.00	$ 14,555.63 $	-	
11/01/32	$ 495,000.00	$	-	$ 13,803.13 $	56,358.75	
05/01/33	$ 495,000.00	$  30,000.00	$ 13,803.13 $	-	
11/01/33	$ 465,000.00	$	-	$ 12,996.88 $	56,800.00	
05/01/34	$ 465,000.00	$  32,000.00	$ 12,996.88 $	-	
11/01/34	$ 433,000.00	$	-	$ 12,136.88 $	57,133.75	
05/01/35	$ 433,000.00	$  33,000.00	$ 12,136.88 $	-	
11/01/35	$ 400,000.00	$	-	$ 11,250.00 $	56,386.88	
05/01/36	$ 400,000.00	$  35,000.00	$ 11,250.00 $	-	
11/01/36	$ 365,000.00	$	-	$ 10,265.63 $	56,515.63	
05/01/37	$ 365,000.00	$  37,000.00	$ 10,265.63 $	-	
11/01/37	$ 328,000.00	$	-	$	9,225.00 $	56,490.63	
05/01/38	$ 328,000.00	$  39,000.00	$	9,225.00 $	-	
11/01/38	$ 289,000.00	$	-	$	8,128.13 $	56,353.13	
05/01/39	$ 289,000.00	$  42,000.00	$	8,128.13 $	-	
11/01/39	$ 247,000.00	$	-	$	6,946.88 $	57,075.00	
05/01/40	$ 247,000.00	$  44,000.00	$	6,946.88 $	-	
11/01/40	$ 203,000.00	$	-	$	5,709.38 $	56,656.25	
05/01/41	$ 203,000.00	$  47,000.00	$	5,709.38 $	-	
11/01/41	$ 156,000.00	$	-	$	4,387.50 $	57,096.88	
05/01/42	$ 156,000.00	$  49,000.00	$	4,387.50 $	-	
11/01/42	$ 107,000.00	$	-	$	3,009.38 $	56,396.88	
05/01/43	$ 107,000.00	$  52,000.00	$	3,009.38 $	-	
11/01/43	$  55,000.00	$	-	$	1,546.88 $	56,556.25	
05/01/44	$  55,000.00	$  55,000.00	$	1,546.88 $	56,546.88	
		$ 756,000.00	$ 627,935.00 $	1,419,827.50	

RESOLUTION 2021-08
A RESOLUTION OF THE ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT (THE "DISTRICT") RELATING TO THE ANNUAL APPROPRIATIONS AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2021, AND ENDING SEPTEMBER 30, 2022

WHEREAS, the District Manager of the District has, prior to the fifteenth (15th) day in June, 2021, submitted to the Board of Supervisors (the "Board") a proposed budget for the next ensuing budget year along with an explanatory and complete financial plan for each fund of the District, pursuant to the provisions of Section 190.008(2)(a), Florida Statutes; and

WHEREAS, at least sixty (60) days prior to the adoption of the proposed annual budget and any proposed long-term financial plan or program of the District for future operations (the "Proposed Budget”) the District did file a copy of the Proposed Budget with the local governing authorities having jurisdiction over the area included in the District pursuant to the provisions of Sections 190.008(2)(b) and 218.34(3), Florida Statutes; and

WHEREAS, on June 9, 2021, the Board set August 11, 2021 as the date for a public hearing thereon and caused notice of such public hearing to be given by publication pursuant to Section 190.008(2)(a) Florida Statutes; and

WHEREAS, Section 190.008(2)(a), Florida Statutes, requires that, prior to October 1 of each year, the District Board by passage of the Annual Appropriation Resolution shall adopt a budget for the ensuing fiscal year and appropriate such sums of money as the Board deems necessary to defray all expenditures of the District during the ensuing fiscal year; and

WHEREAS, the District Manager has prepared a Proposed Budget on a Cash Flow Budget basis, whereby the budget shall project the cash receipts and disbursements anticipated during a given time period, including reserves for contingencies for emergency or other unanticipated expenditures during the fiscal year; and

WHEREAS, Section 190.021, Florida Statutes, provides that the Annual Appropriation Resolution shall also fix the Maintenance Special Assessments and Benefit Special Assessments upon each piece of property within the boundaries of the District benefited by the adopted maintenance and capital improvement program of the District, such levy representing the amount of assessments for District purposes necessary to provide for payment during the ensuing budget year of all properly authorized expenditures to be incurred by the District, including principal and interest of special revenue, capital improvement and/or benefit assessment bonds.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT, THAT;

Section 1. Budget
The Board of Supervisors has reviewed the District Manager's Proposed Budget, a copy of which is on file with the office of the District Treasurer and the office of the Recording Secretary, and hereby approves certain amendments thereto, as shown in Section 2 below.

The District Manager's Proposed Budget, as amended by the Board, is hereby adopted in accordance with the provisions of Section 190.008(2)(a), Florida Statutes, and is incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the District Manager to reflect actual revenues and expenditures for the fiscal year 2021 and/or revised projections for fiscal year 2022.

The adopted budget, as amended, shall be maintained in the office of the District Treasurer and the District Recording Secretary and identified as "The Budget for the Islands at Doral III Community Development District for the Fiscal Year Ending September 30, 2022, as Adopted by the Board of Supervisors on August 11, 2021.”

Section 2. Appropriations
That there be, and hereby is appropriated out of the revenues of the Islands at Doral III Community Development District, for the fiscal year beginning October 1, 2021, and ending September 30, 2022 the sum of $1,638,514  to be raised by the levy of assessments and otherwise, which sum is deemed by the Board of Supervisors to be necessary to defray all expenditures of the District during said budget year, to be divided and appropriated in the following fashion:

Total General Fund	$  140,195	

Total Debt Service	$1,498,319	

Total All Funds	$1,638,514	

Section 3. Supplemental Appropriations
The Board may authorize by resolution supplemental appropriations or revenue changes for any lawful purpose from funds on hand or estimated to be received within the fiscal year as follows:
The Board may authorize a transfer of the unexpended balance or portion thereof of any appropriation item.

The Board may authorize an appropriation from the unappropriated balance of any fund.

The Board may increase any revenue or income budget account to reflect receipt of any additional unbudgeted monies and make the corresponding change to appropriations or the unappropriated balance.

The District Manager and Treasurer shall have the power within a given fund to authorize the transfer of any unexpended balance of any appropriation item or any portion thereof, provided such transfers do not exceed Ten Thousand ($10,000) Dollars or have the effect of causing more than 10% of the total appropriation of a given program or project to be transferred previously approved transfers included. Such transfer shall not have the effect of causing a more than $10,000 or 10% increase, previously approved transfers included, to the original budget appropriation for the receiving program. Transfers within a program or project may be approved by the applicable department director and the District Manager or Treasurer. The District Manager or Treasurer must establish administrative procedures, which require information on the request forms proving that such transfer requests comply with this section.
Introduced, considered favorably, and adopted this 11th day of August, 2021.

Islands at Doral III Community Development District

Chairman / Vice Chairman Attest:

Secretary / Assistant Secretary

RESOLUTION 2021-09

A RESOLUTION LEVYING A NON AD VALOREM MAINTENANCE ASSESSMENT FOR THE GENERAL FUND AND ADOPTING AN ASSESSMENT ROLL OF THE ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT FOR FISCAL YEAR 2022

WHEREAS, certain improvements exist within the Islands at Doral III Community Development District (the “District”) and certain costs associated with the operation, repairs and maintenance of these improvements are being incurred; and

WHEREAS, the Board of Supervisors of the Islands at Doral III Community Development District (the “Board”) find that the District's total General Fund Assessment during Fiscal Year 2022, will amount to $103,698.88  and

WHEREAS, the District has previously levied an assessment for debt service, which the District desires to collect on the tax roll pursuant to the Uniform Method authorized by Chapter 197, Florida Statutes; alternatively, the district may choose to directly collect and enforce all or a portion of the debt service assessment; and

WHEREAS, the Board finds that the costs of administration of the Debt Service Fund provide special and peculiar benefit to certain property within the District; and

WHEREAS, the Board finds that the assessments on the affected parcels of property to pay for the special and peculiar benefits are fairly and reasonably apportioned in proportion to the benefits received;

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT OF MIAMI-DADE COUNTY, FLORIDA, THAT;

Section 1. A special assessment for maintenance as provided for in Chapter 190 Florida Statutes (hereinafter referred to as “assessment” or “assessments”) is hereby levied on all assessable land within the District.

Section 2. That the collection and enforcement of the aforesaid assessments on assessable lands within the District shall be by the Tax Collector serving as agent of the State of Florida in Miami-Dade County (“Tax Collector”) and shall be at the same time and in like manner as ad valorem taxes and subject to all ad valorem tax collection and enforcement procedures which attend the use of the official annual tax notice under Section 190.021(3), Florida Statutes. Alternatively, the District may choose to directly collect and enforce all or a portion of these assessments.

Section 3.  That a portion of said assessment levies on the assessable lands within the District as shown in the Assessment Roll, Exhibit “A”, are hereby certified to the Miami- Dade County Property Appraiser, to be extended on the Miami-Dade County Tax Roll and shall be collected by the Tax Collector in the same manner and time as Miami-Dade County taxes pursuant to the uniform collection methodology Section 197.3632, Florida Statutes. The proceeds therefrom shall be paid to the District. The chairman of the Board of the District shall designate the District Manager these certification duties. The balance of said assessment levies as shown in the Assessment Roll, Exhibit “A”, are directly assessed to the landowner(s) by the District pursuant to Chapters 170 and 190, Florida Statutes.

Section 4.  The District Manager shall keep appraised of all updates made to the Miami-Dade County property roll by the Property Appraiser after the date of this Resolution, and shall amend the District’s Assessment Roll in accordance with any such updates, for such time as authorized by Florida law, to the Miami-Dade County property roll. After any amendment of the Assessment Roll, the District Manager shall file updates to the Assessment Roll in the District records.

Section 5  Be it further resolved, that a copy of this Resolution be transmitted to the proper public and governmental officials so that its purpose and effect may be carried out in accordance with law.

PASSED AND ADOPTED this 11th day of August, 2021, by the Board of Supervisors of the Islands at Doral III Community Development District, Miami-Dade County, Florida.

Secretary / Assistant Secretary	Chairman / Vice Chairman

Exhibit “A” Assessment Roll

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-007-0010	$60.92	1		35-3007-011-3040	$60.92	1	
35-3007-007-0020	$60.92	1		35-3007-011-3050	$60.92	1	
35-3007-007-0030	$60.92	1		35-3007-011-3060	$60.92	1	
35-3007-007-0040	$60.92	1		35-3007-011-3070	$60.92	1	
35-3007-007-0050	$60.92	1		35-3007-011-3080	$60.92	1	
35-3007-007-0060	$60.92	1		35-3007-011-3090	$60.92	1	
35-3007-007-0070	$60.92	1		35-3007-011-3100	$60.92	1	
35-3007-007-0080	$60.92	1		35-3007-011-3110	$60.92	1	
35-3007-007-0090	$60.92	1		35-3007-011-3120	$60.92	1	
35-3007-007-0100	$60.92	1		35-3007-011-3130	$60.92	1	
35-3007-007-0110	$60.92	1		35-3007-011-3140	$60.92	1	
35-3007-007-0120	$60.92	1		35-3007-011-3150	$60.92	1	
35-3007-007-0130	$60.92	1		35-3007-011-3160	$60.92	1	
35-3007-007-0140	$60.92	1		35-3007-011-3170	$60.92	1	
35-3007-007-0150	$60.92	1		35-3007-011-3180	$60.92	1	
35-3007-007-0160	$60.92	1		35-3007-011-3190	$60.92	1	
35-3007-007-0170	$60.92	1		35-3007-011-3200	$60.92	1	
35-3007-007-0180	$60.92	1		35-3007-011-3210	$60.92	1	
35-3007-007-0190	$60.92	1		35-3007-011-3220	$60.92	1	
35-3007-007-0200	$60.92	1		35-3007-011-3230	$60.92	1	
35-3007-007-0210	$60.92	1		35-3007-011-3240	$60.92	1	
35-3007-007-0220	$60.92	1		35-3007-011-3250	$60.92	1	
35-3007-007-0230	$60.92	1		35-3007-011-3260	$60.92	1	
35-3007-007-0240	$60.92	1		35-3007-011-3270	$60.92	1	
35-3007-007-0250	$60.92	1		35-3007-011-3280	$60.92	1	
35-3007-007-0260	$60.92	1		35-3007-011-3290	$60.92	1	
35-3007-007-0270	$60.92	1		35-3007-011-3300	$60.92	1	
35-3007-007-0280	$60.92	1		35-3007-011-3310	$60.92	1	
35-3007-007-0290	$60.92	1		35-3007-011-3320	$60.92	1	
35-3007-007-0300	$60.92	1		35-3007-011-3330	$60.92	1	
35-3007-007-0310	$60.92	1		35-3007-011-3340	$60.92	1	
35-3007-007-0320	$60.92	1		35-3007-011-3350	$60.92	1	
35-3007-007-0330	$60.92	1		35-3007-011-3360	$60.92	1	
35-3007-007-0340	$60.92	1		35-3007-011-3370	$60.92	1	
35-3007-007-0350	$60.92	1		35-3007-011-3380	$60.92	1	
35-3007-007-0360	$60.92	1		35-3007-011-3390	$60.92	1	
35-3007-007-0370	$60.92	1		35-3007-011-3400	$60.92	1	
35-3007-007-0380	$60.92	1		35-3007-011-3410	$60.92	1	
35-3007-007-0390	$60.92	1		35-3007-011-3420	$60.92	1	
35-3007-007-0400	$60.92	1		35-3007-011-3430	$60.92	1	
35-3007-007-0410	$60.92	1		35-3007-011-3440	$60.92	1	
35-3007-007-0420	$60.92	1		35-3007-011-3450	$60.92	1	
35-3007-008-0010	$60.92	1		35-3007-011-3460	$60.92	1	
35-3007-008-0020	$60.92	1		35-3007-011-3470	$60.92	1	
35-3007-008-0030	$60.92	1		35-3007-011-3480	$60.92	1	
35-3007-008-0040	$60.92	1		35-3007-011-3490	$60.92	1	
35-3007-008-0050	$60.92	1		35-3007-011-3500	$60.92	1	
35-3007-008-0060	$60.92	1		35-3007-011-3510	$60.92	1	
35-3007-008-0070	$60.92	1		35-3007-011-3520	$60.92	1	
35-3007-008-0080	$60.92	1		35-3007-011-3530	$60.92	1	
35-3007-008-0090	$60.92	1		35-3007-011-3540	$60.92	1	
35-3007-008-0100	$60.92	1		35-3007-011-3550	$60.92	1	
35-3007-008-0110	$60.92	1		35-3007-011-3560	$60.92	1	
35-3007-008-0120	$60.92	1		35-3007-011-3570	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-008-0130	$60.92	1		35-3007-011-3580	$60.92	1	
35-3007-008-0140	$60.92	1		35-3007-011-3590	$60.92	1	
35-3007-008-0150	$60.92	1		35-3007-011-3600	$60.92	1	
35-3007-008-0160	$60.92	1		35-3007-011-3610	$60.92	1	
35-3007-008-0170	$60.92	1		35-3007-011-3620	$60.92	1	
35-3007-008-0180	$60.92	1		35-3007-011-3630	$60.92	1	
35-3007-008-0190	$60.92	1		35-3007-011-3640	$60.92	1	
35-3007-008-0200	$60.92	1		35-3007-011-3650	$60.92	1	
35-3007-008-0210	$60.92	1		35-3007-011-3660	$60.92	1	
35-3007-008-0220	$60.92	1		35-3007-011-3670	$60.92	1	
35-3007-008-0230	$60.92	1		35-3007-011-3680	$60.92	1	
35-3007-008-0240	$60.92	1		35-3007-011-3690	$60.92	1	
35-3007-008-0250	$60.92	1		35-3007-011-3700	$60.92	1	
35-3007-008-0260	$60.92	1		35-3007-011-3710	$60.92	1	
35-3007-008-0270	$60.92	1		35-3007-011-3720	$60.92	1	
35-3007-008-0280	$60.92	1		35-3007-011-3730	$60.92	1	
35-3007-008-0290	$60.92	1		35-3007-011-3740	$60.92	1	
35-3007-008-0300	$60.92	1		35-3007-011-3750	$60.92	1	
35-3007-008-0310	$60.92	1		35-3007-011-3760	$60.92	1	
35-3007-008-0320	$60.92	1		35-3007-011-3770	$60.92	1	
35-3007-008-0330	$60.92	1		35-3007-011-3780	$60.92	1	
35-3007-008-0340	$60.92	1		35-3007-011-3790	$60.92	1	
35-3007-008-0350	$60.92	1		35-3007-011-3800	$60.92	1	
35-3007-008-0360	$60.92	1		35-3007-011-3810	$60.92	1	
35-3007-008-0370	$60.92	1		35-3007-011-3820	$60.92	1	
35-3007-008-0380	$60.92	1		35-3007-011-3830	$60.92	1	
35-3007-008-0390	$60.92	1		35-3007-011-3840	$60.92	1	
35-3007-008-0400	$60.92	1		35-3007-011-3850	$60.92	1	
35-3007-008-0410	$60.92	1		35-3007-011-3860	$60.92	1	
35-3007-008-0420	$60.92	1		35-3007-011-3870	$60.92	1	
35-3007-008-0430	$60.92	1		35-3007-011-3880	$60.92	1	
35-3007-008-0440	$60.92	1		35-3007-011-3890	$60.92	1	
35-3007-008-0450	$60.92	1		35-3007-011-3900	$60.92	1	
35-3007-008-0460	$60.92	1		35-3007-011-3910	$60.92	1	
35-3007-008-0470	$60.92	1		35-3007-011-3920	$60.92	1	
35-3007-008-0480	$60.92	1		35-3007-011-3930	$60.92	1	
35-3007-008-0490	$60.92	1		35-3007-011-3940	$60.92	1	
35-3007-008-0500	$60.92	1		35-3007-011-3950	$60.92	1	
35-3007-008-0510	$60.92	1		35-3007-011-3960	$60.92	1	
35-3007-008-0520	$60.92	1		35-3007-011-3970	$60.92	1	
35-3007-008-0530	$60.92	1		35-3007-011-3980	$60.92	1	
35-3007-008-0540	$60.92	1		35-3007-011-3990	$60.92	1	
35-3007-008-0550	$60.92	1		35-3007-011-4000	$60.92	1	
35-3007-008-0560	$60.92	1		35-3007-011-4010	$60.92	1	
35-3007-008-0570	$60.92	1		35-3007-011-4020	$60.92	1	
35-3007-008-0580	$60.92	1		35-3007-011-4030	$60.92	1	
35-3007-008-0590	$60.92	1		35-3007-011-4040	$60.92	1	
35-3007-008-0600	$60.92	1		35-3007-011-4050	$60.92	1	
35-3007-008-0610	$60.92	1		35-3007-011-4060	$60.92	1	
35-3007-008-0620	$60.92	1		35-3007-011-4070	$60.92	1	
35-3007-008-0630	$60.92	1		35-3007-011-4080	$60.92	1	
35-3007-008-0640	$60.92	1		35-3007-011-4090	$60.92	1	
35-3007-008-0650	$60.92	1		35-3007-011-4100	$60.92	1	
35-3007-008-0660	$60.92	1		35-3007-011-4110	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-008-0670	$60.92	1		35-3007-011-4120	$60.92	1	
35-3007-008-0680	$60.92	1		35-3007-011-4130	$60.92	1	
35-3007-008-0690	$60.92	1		35-3007-011-4140	$60.92	1	
35-3007-008-0700	$60.92	1		35-3007-011-4150	$60.92	1	
35-3007-008-0710	$60.92	1		35-3007-011-4160	$60.92	1	
35-3007-008-0720	$60.92	1		35-3007-011-4170	$60.92	1	
35-3007-008-0730	$60.92	1		35-3007-011-4180	$60.92	1	
35-3007-008-0740	$60.92	1		35-3007-011-4190	$60.92	1	
35-3007-008-0750	$60.92	1		35-3007-011-4200	$60.92	1	
35-3007-008-0760	$60.92	1		35-3007-011-4210	$60.92	1	
35-3007-008-0770	$60.92	1		35-3007-011-4220	$60.92	1	
35-3007-008-0780	$60.92	1		35-3007-011-4230	$60.92	1	
35-3007-008-0790	$60.92	1		35-3007-011-4240	$60.92	1	
35-3007-008-0800	$60.92	1		35-3007-011-4250	$60.92	1	
35-3007-008-0810	$60.92	1		35-3007-011-4260	$60.92	1	
35-3007-008-0820	$60.92	1		35-3007-011-4270	$60.92	1	
35-3007-008-0830	$60.92	1		35-3007-011-4280	$60.92	1	
35-3007-008-0840	$60.92	1		35-3007-011-4290	$60.92	1	
35-3007-008-0850	$60.92	1		35-3007-011-4300	$60.92	1	
35-3007-008-0860	$60.92	1		35-3007-011-4310	$60.92	1	
35-3007-008-0870	$60.92	1		35-3007-011-4320	$60.92	1	
35-3007-008-0880	$60.92	1		35-3007-011-4330	$60.92	1	
35-3007-008-0890	$60.92	1		35-3007-011-4340	$60.92	1	
35-3007-008-0900	$60.92	1		35-3007-011-4350	$60.92	1	
35-3007-008-0910	$60.92	1		35-3007-011-4360	$60.92	1	
35-3007-008-0920	$60.92	1		35-3007-011-4370	$60.92	1	
35-3007-008-0930	$60.92	1		35-3007-011-4380	$60.92	1	
35-3007-008-0940	$60.92	1		35-3007-011-4390	$60.92	1	
35-3007-008-0950	$60.92	1		35-3007-011-4400	$60.92	1	
35-3007-008-0960	$60.92	1		35-3007-011-4410	$60.92	1	
35-3007-008-0970	$60.92	1		35-3007-011-4420	$60.92	1	
35-3007-008-0980	$60.92	1		35-3007-011-4430	$60.92	1	
35-3007-008-0990	$60.92	1		35-3007-011-4440	$60.92	1	
35-3007-008-1000	$60.92	1		35-3007-011-4450	$60.92	1	
35-3007-008-1010	$60.92	1		35-3007-011-4460	$60.92	1	
35-3007-008-1020	$60.92	1		35-3007-011-4470	$60.92	1	
35-3007-008-1030	$60.92	1		35-3007-011-4480	$60.92	1	
35-3007-008-1040	$60.92	1		35-3007-011-4490	$60.92	1	
35-3007-008-1050	$60.92	1		35-3007-014-0010	$60.92	1	
35-3007-008-1060	$60.92	1		35-3007-014-0020	$60.92	1	
35-3007-008-1070	$60.92	1		35-3007-014-0030	$60.92	1	
35-3007-008-1080	$60.92	1		35-3007-014-0040	$60.92	1	
35-3007-008-1090	$60.92	1		35-3007-014-0050	$60.92	1	
35-3007-008-1100	$60.92	1		35-3007-014-0060	$60.92	1	
35-3007-008-1110	$60.92	1		35-3007-014-0070	$60.92	1	
35-3007-008-1120	$60.92	1		35-3007-014-0080	$60.92	1	
35-3007-008-1130	$60.92	1		35-3007-014-0090	$60.92	1	
35-3007-008-1140	$60.92	1		35-3007-014-0100	$60.92	1	
35-3007-008-1150	$60.92	1		35-3007-014-0110	$60.92	1	
35-3007-008-1160	$60.92	1		35-3007-014-0120	$60.92	1	
35-3007-008-1170	$60.92	1		35-3007-014-0130	$60.92	1	
35-3007-008-1180	$60.92	1		35-3007-014-0140	$60.92	1	
35-3007-008-1190	$60.92	1		35-3007-014-0150	$60.92	1	
35-3007-008-1200	$60.92	1		35-3007-014-0160	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-008-1210	$60.92	1		35-3007-014-0170	$60.92	1	
35-3007-008-1220	$60.92	1		35-3007-014-0180	$60.92	1	
35-3007-008-1230	$60.92	1		35-3007-014-0190	$60.92	1	
35-3007-008-1240	$60.92	1		35-3007-014-0200	$60.92	1	
35-3007-008-1250	$60.92	1		35-3007-014-0210	$60.92	1	
35-3007-008-1260	$60.92	1		35-3007-014-0220	$60.92	1	
35-3007-008-1270	$60.92	1		35-3007-014-0230	$60.92	1	
35-3007-008-1280	$60.92	1		35-3007-014-0240	$60.92	1	
35-3007-008-1290	$60.92	1		35-3007-014-0250	$60.92	1	
35-3007-008-1300	$60.92	1		35-3007-014-0260	$60.92	1	
35-3007-008-1310	$60.92	1		35-3007-014-0270	$60.92	1	
35-3007-008-1320	$60.92	1		35-3007-014-0280	$60.92	1	
35-3007-008-1330	$60.92	1		35-3007-014-0290	$60.92	1	
35-3007-008-1340	$60.92	1		35-3007-014-0300	$60.92	1	
35-3007-008-1350	$60.92	1		35-3007-014-0310	$60.92	1	
35-3007-008-1360	$60.92	1		35-3007-014-0320	$60.92	1	
35-3007-008-1370	$60.92	1		35-3007-014-0330	$60.92	1	
35-3007-008-1380	$60.92	1		35-3007-014-0340	$60.92	1	
35-3007-008-1390	$60.92	1		35-3007-014-0350	$60.92	1	
35-3007-008-1400	$60.92	1		35-3007-014-0360	$60.92	1	
35-3007-008-1410	$60.92	1		35-3007-014-0370	$60.92	1	
35-3007-008-1420	$60.92	1		35-3007-014-0380	$60.92	1	
35-3007-008-1430	$60.92	1		35-3007-014-0390	$60.92	1	
35-3007-008-1440	$60.92	1		35-3007-014-0400	$60.92	1	
35-3007-008-1450	$60.92	1		35-3007-014-0410	$60.92	1	
35-3007-008-1460	$60.92	1		35-3007-014-0420	$60.92	1	
35-3007-008-1470	$60.92	1		35-3007-014-0430	$60.92	1	
35-3007-008-1480	$60.92	1		35-3007-014-0440	$60.92	1	
35-3007-008-1490	$60.92	1		35-3007-014-0450	$60.92	1	
35-3007-008-1500	$60.92	1		35-3007-014-0460	$60.92	1	
35-3007-008-1510	$60.92	1		35-3007-014-0470	$60.92	1	
35-3007-008-1520	$60.92	1		35-3007-014-0480	$60.92	1	
35-3007-008-1530	$60.92	1		35-3007-014-0490	$60.92	1	
35-3007-008-1540	$60.92	1		35-3007-014-0500	$60.92	1	
35-3007-008-1550	$60.92	1		35-3007-014-0510	$60.92	1	
35-3007-008-1560	$60.92	1		35-3007-014-0520	$60.92	1	
35-3007-008-1570	$60.92	1		35-3007-014-0530	$60.92	1	
35-3007-008-1580	$60.92	1		35-3007-014-0540	$60.92	1	
35-3007-008-1590	$60.92	1		35-3007-014-0550	$60.92	1	
35-3007-008-1600	$60.92	1		35-3007-014-0560	$60.92	1	
35-3007-008-1610	$60.92	1		35-3007-014-0570	$60.92	1	
35-3007-008-1620	$60.92	1		35-3007-014-0580	$60.92	1	
35-3007-008-1630	$60.92	1		35-3007-014-0590	$60.92	1	
35-3007-008-1640	$60.92	1		35-3007-014-0600	$60.92	1	
35-3007-008-1650	$60.92	1		35-3007-014-0610	$60.92	1	
35-3007-008-1660	$60.92	1		35-3007-014-0620	$60.92	1	
35-3007-008-1670	$60.92	1		35-3007-014-0630	$60.92	1	
35-3007-008-1680	$60.92	1		35-3007-014-0640	$60.92	1	
35-3007-008-1690	$60.92	1		35-3007-014-0650	$60.92	1	
35-3007-008-1700	$60.92	1		35-3007-014-0660	$60.92	1	
35-3007-008-1710	$60.92	1		35-3007-014-0670	$60.92	1	
35-3007-008-1720	$60.92	1		35-3007-014-0680	$60.92	1	
35-3007-008-1730	$60.92	1		35-3007-014-0690	$60.92	1	
35-3007-008-1740	$60.92	1		35-3007-014-0700	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-008-1750	$60.92	1		35-3007-014-0710	$60.92	1	
35-3007-008-1760	$60.92	1		35-3007-014-0720	$60.92	1	
35-3007-008-1770	$60.92	1		35-3007-014-0730	$60.92	1	
35-3007-008-1780	$60.92	1		35-3007-014-0740	$60.92	1	
35-3007-008-1790	$60.92	1		35-3007-014-0750	$60.92	1	
35-3007-008-1800	$60.92	1		35-3007-014-0760	$60.92	1	
35-3007-008-1810	$60.92	1		35-3007-014-0770	$60.92	1	
35-3007-008-1820	$60.92	1		35-3007-014-0780	$60.92	1	
35-3007-008-1830	$60.92	1		35-3007-014-0790	$60.92	1	
35-3007-008-1840	$60.92	1		35-3007-014-0800	$60.92	1	
35-3007-008-1850	$60.92	1		35-3007-014-0810	$60.92	1	
35-3007-008-1860	$60.92	1		35-3007-014-0820	$60.92	1	
35-3007-008-1870	$60.92	1		35-3007-014-0830	$60.92	1	
35-3007-008-1880	$60.92	1		35-3007-014-0840	$60.92	1	
35-3007-008-1890	$60.92	1		35-3007-014-0850	$60.92	1	
35-3007-008-1900	$60.92	1		35-3007-014-0860	$60.92	1	
35-3007-008-1910	$60.92	1		35-3007-014-0870	$60.92	1	
35-3007-008-1920	$60.92	1		35-3007-014-0880	$60.92	1	
35-3007-008-1930	$60.92	1		35-3007-014-0890	$60.92	1	
35-3007-008-1940	$60.92	1		35-3007-014-0900	$60.92	1	
35-3007-008-1950	$60.92	1		35-3007-014-0910	$60.92	1	
35-3007-008-1960	$60.92	1		35-3007-014-0920	$60.92	1	
35-3007-008-1970	$60.92	1		35-3007-014-0930	$60.92	1	
35-3007-008-1980	$60.92	1		35-3007-014-0940	$60.92	1	
35-3007-008-1990	$60.92	1		35-3007-014-0950	$60.92	1	
35-3007-008-2000	$60.92	1		35-3007-014-0960	$60.92	1	
35-3007-008-2010	$60.92	1		35-3007-014-0970	$60.92	1	
35-3007-008-2020	$60.92	1		35-3007-014-0980	$60.92	1	
35-3007-008-2030	$60.92	1		35-3007-014-0990	$60.92	1	
35-3007-008-2040	$60.92	1		35-3007-014-1000	$60.92	1	
35-3007-008-2050	$60.92	1		35-3007-014-1010	$60.92	1	
35-3007-008-2060	$60.92	1		35-3007-014-1020	$60.92	1	
35-3007-008-2070	$60.92	1		35-3007-014-1030	$60.92	1	
35-3007-008-2080	$60.92	1		35-3007-014-1040	$60.92	1	
35-3007-008-2090	$60.92	1		35-3007-014-1050	$60.92	1	
35-3007-008-2100	$60.92	1		35-3007-014-1060	$60.92	1	
35-3007-008-2110	$60.92	1		35-3007-014-1070	$60.92	1	
35-3007-008-2120	$60.92	1		35-3007-014-1080	$60.92	1	
35-3007-008-2130	$60.92	1		35-3007-014-1090	$60.92	1	
35-3007-008-2140	$60.92	1		35-3007-014-1100	$60.92	1	
35-3007-008-2150	$60.92	1		35-3007-014-1110	$60.92	1	
35-3007-008-2160	$60.92	1		35-3007-014-1120	$60.92	1	
35-3007-008-2170	$60.92	1		35-3007-014-1130	$60.92	1	
35-3007-008-2180	$60.92	1		35-3007-014-1140	$60.92	1	
35-3007-008-2190	$60.92	1		35-3007-014-1150	$60.92	1	
35-3007-008-2200	$60.92	1		35-3007-014-1160	$60.92	1	
35-3007-008-2210	$60.92	1		35-3007-014-1170	$60.92	1	
35-3007-008-2220	$60.92	1		35-3007-014-1180	$60.92	1	
35-3007-008-2230	$60.92	1		35-3007-014-1190	$60.92	1	
35-3007-008-2240	$60.92	1		35-3007-014-1200	$60.92	1	
35-3007-008-2250	$60.92	1		35-3007-014-1210	$60.92	1	
35-3007-008-2260	$60.92	1		35-3007-014-1220	$60.92	1	
35-3007-008-2270	$60.92	1		35-3007-014-1230	$60.92	1	
35-3007-008-2280	$60.92	1		35-3007-014-1240	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-008-2290	$60.92	1		35-3007-014-1250	$60.92	1	
35-3007-008-2300	$60.92	1		35-3007-014-1260	$60.92	1	
35-3007-008-2310	$60.92	1		35-3007-014-1270	$60.92	1	
35-3007-008-2320	$60.92	1		35-3007-014-1280	$60.92	1	
35-3007-008-2330	$60.92	1		35-3007-014-1290	$60.92	1	
35-3007-008-2340	$60.92	1		35-3007-014-1300	$60.92	1	
35-3007-008-2350	$60.92	1		35-3007-014-1310	$60.92	1	
35-3007-008-2360	$60.92	1		35-3007-014-1320	$60.92	1	
35-3007-008-2370	$60.92	1		35-3007-014-1330	$60.92	1	
35-3007-008-2380	$60.92	1		35-3007-014-1340	$60.92	1	
35-3007-008-2390	$60.92	1		35-3007-014-1350	$60.92	1	
35-3007-008-2400	$60.92	1		35-3007-014-1360	$60.92	1	
35-3007-008-2410	$60.92	1		35-3007-014-1370	$60.92	1	
35-3007-008-2420	$60.92	1		35-3007-014-1380	$60.92	1	
35-3007-008-2430	$60.92	1		35-3007-014-1390	$60.92	1	
35-3007-008-2440	$60.92	1		35-3007-014-1400	$60.92	1	
35-3007-008-2450	$60.92	1		35-3007-014-1410	$60.92	1	
35-3007-008-2460	$60.92	1		35-3007-014-1420	$60.92	1	
35-3007-008-2470	$60.92	1		35-3007-014-1430	$60.92	1	
35-3007-008-2480	$60.92	1		35-3007-014-1440	$60.92	1	
35-3007-008-2490	$60.92	1		35-3007-014-1450	$60.92	1	
35-3007-008-2500	$60.92	1		35-3007-014-1460	$60.92	1	
35-3007-008-2510	$60.92	1		35-3007-014-1470	$60.92	1	
35-3007-008-2520	$60.92	1		35-3007-014-1480	$60.92	1	
35-3007-008-2530	$60.92	1		35-3007-014-1490	$60.92	1	
35-3007-008-2540	$60.92	1		35-3007-014-1500	$60.92	1	
35-3007-008-2550	$60.92	1		35-3007-014-1510	$60.92	1	
35-3007-008-2560	$60.92	1		35-3007-014-1520	$60.92	1	
35-3007-008-2570	$60.92	1		35-3007-014-1530	$60.92	1	
35-3007-008-2580	$60.92	1		35-3007-014-1540	$60.92	1	
35-3007-008-2590	$60.92	1		35-3007-014-1550	$60.92	1	
35-3007-008-2600	$60.92	1		35-3007-014-1560	$60.92	1	
35-3007-008-2610	$60.92	1		35-3007-014-1570	$60.92	1	
35-3007-008-2620	$60.92	1		35-3007-014-1580	$60.92	1	
35-3007-008-2630	$60.92	1		35-3007-014-1590	$60.92	1	
35-3007-008-2640	$60.92	1		35-3007-014-1600	$60.92	1	
35-3007-008-2650	$60.92	1		35-3007-014-1610	$60.92	1	
35-3007-008-2660	$60.92	1		35-3007-014-1620	$60.92	1	
35-3007-008-2670	$60.92	1		35-3007-014-1630	$60.92	1	
35-3007-008-2680	$60.92	1		35-3007-014-1640	$60.92	1	
35-3007-008-2690	$60.92	1		35-3007-014-1650	$60.92	1	
35-3007-008-2700	$60.92	1		35-3007-014-1660	$60.92	1	
35-3007-008-2710	$60.92	1		35-3007-014-1670	$60.92	1	
35-3007-008-2720	$60.92	1		35-3007-014-1680	$60.92	1	
35-3007-008-2730	$60.92	1		35-3007-014-1690	$60.92	1	
35-3007-008-2740	$60.92	1		35-3007-014-1700	$60.92	1	
35-3007-008-2750	$60.92	1		35-3007-014-1710	$60.92	1	
35-3007-008-2760	$60.92	1		35-3007-014-1720	$60.92	1	
35-3007-008-2770	$60.92	1		35-3007-014-1730	$60.92	1	
35-3007-008-2780	$60.92	1		35-3007-014-1740	$60.92	1	
35-3007-008-2790	$60.92	1		35-3007-014-1750	$60.92	1	
35-3007-008-2800	$60.92	1		35-3007-014-1760	$60.92	1	
35-3007-008-2810	$60.92	1		35-3007-014-1770	$60.92	1	
35-3007-008-2820	$60.92	1		35-3007-014-1780	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-008-2830	$60.92	1		35-3007-014-1790	$60.92	1	
35-3007-008-2840	$60.92	1		35-3007-014-1800	$60.92	1	
35-3007-008-2850	$60.92	1		35-3007-014-1810	$60.92	1	
35-3007-008-2860	$60.92	1		35-3007-014-1820	$60.92	1	
35-3007-008-2870	$60.92	1		35-3007-014-1830	$60.92	1	
35-3007-008-2880	$60.92	1		35-3007-014-1840	$60.92	1	
35-3007-008-2890	$60.92	1		35-3007-014-1850	$60.92	1	
35-3007-008-2900	$60.92	1		35-3007-014-1860	$60.92	1	
35-3007-008-2910	$60.92	1		35-3007-014-1870	$60.92	1	
35-3007-008-2920	$60.92	1		35-3007-014-1880	$60.92	1	
35-3007-008-2930	$60.92	1		35-3007-014-1890	$60.92	1	
35-3007-008-2940	$60.92	1		35-3007-014-1900	$60.92	1	
35-3007-008-2950	$60.92	1		35-3007-014-1910	$60.92	1	
35-3007-008-2960	$60.92	1		35-3007-014-1920	$60.92	1	
35-3007-008-2970	$60.92	1		35-3007-014-1930	$60.92	1	
35-3007-008-2980	$60.92	1		35-3007-014-1940	$60.92	1	
35-3007-008-2990	$60.92	1		35-3007-014-1950	$60.92	1	
35-3007-008-3000	$60.92	1		35-3007-014-1960	$60.92	1	
35-3007-008-3010	$60.92	1		35-3007-014-1970	$60.92	1	
35-3007-008-3020	$60.92	1		35-3007-014-1980	$60.92	1	
35-3007-008-3030	$60.92	1		35-3007-014-1990	$60.92	1	
35-3007-008-3040	$60.92	1		35-3007-014-2000	$60.92	1	
35-3007-008-3050	$60.92	1		35-3007-014-2010	$60.92	1	
35-3007-008-3060	$60.92	1		35-3007-014-2020	$60.92	1	
35-3007-008-3070	$60.92	1		35-3007-014-2030	$60.92	1	
35-3007-008-3080	$60.92	1		35-3007-014-2040	$60.92	1	
35-3007-008-3090	$60.92	1		35-3007-014-2050	$60.92	1	
35-3007-008-3100	$60.92	1		35-3007-014-2060	$60.92	1	
35-3007-008-3110	$60.92	1		35-3007-014-2070	$60.92	1	
35-3007-008-3120	$60.92	1		35-3007-014-2080	$60.92	1	
35-3007-008-3130	$60.92	1		35-3007-014-2090	$60.92	1	
35-3007-008-3140	$60.92	1		35-3007-014-2100	$60.92	1	
35-3007-008-3150	$60.92	1		35-3007-014-2110	$60.92	1	
35-3007-008-3160	$60.92	1		35-3007-014-2120	$60.92	1	
35-3007-008-3170	$60.92	1		35-3007-014-2130	$60.92	1	
35-3007-008-3180	$60.92	1		35-3007-014-2140	$60.92	1	
35-3007-008-3190	$60.92	1		35-3007-014-2150	$60.92	1	
35-3007-008-3200	$60.92	1		35-3007-014-2160	$60.92	1	
35-3007-008-3210	$60.92	1		35-3007-014-2170	$60.92	1	
35-3007-008-3220	$60.92	1		35-3007-014-2180	$60.92	1	
35-3007-008-3230	$60.92	1		35-3007-014-2190	$60.92	1	
35-3007-008-3240	$60.92	1		35-3007-014-2200	$60.92	1	
35-3007-008-3250	$60.92	1		35-3007-014-2210	$60.92	1	
35-3007-008-3260	$60.92	1		35-3007-014-2220	$60.92	1	
35-3007-008-3270	$60.92	1		35-3007-014-2230	$60.92	1	
35-3007-008-3280	$60.92	1		35-3007-014-2240	$60.92	1	
35-3007-008-3290	$60.92	1		35-3007-014-2250	$60.92	1	
35-3007-008-3300	$60.92	1		35-3007-014-2260	$60.92	1	
35-3007-008-3310	$60.92	1		35-3007-014-2270	$60.92	1	
35-3007-008-3320	$60.92	1		35-3007-014-2280	$60.92	1	
35-3007-008-3330	$60.92	1		35-3007-014-2290	$60.92	1	
35-3007-008-3340	$60.92	1		35-3007-014-2300	$60.92	1	
35-3007-008-3350	$60.92	1		35-3007-014-2310	$60.92	1	
35-3007-008-3360	$60.92	1		35-3007-014-2320	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-008-3370	$60.92	1		35-3007-014-2330	$60.92	1	
35-3007-008-3380	$60.92	1		35-3007-014-2340	$60.92	1	
35-3007-008-3390	$60.92	1		35-3007-014-2350	$60.92	1	
35-3007-008-3400	$60.92	1		35-3007-014-2360	$60.92	1	
35-3007-008-3410	$60.92	1		35-3007-014-2370	$60.92	1	
35-3007-008-3420	$60.92	1		35-3007-014-2380	$60.92	1	
35-3007-008-3430	$60.92	1		35-3007-014-2390	$60.92	1	
35-3007-008-3440	$60.92	1		35-3007-014-2400	$60.92	1	
35-3007-008-3450	$60.92	1		35-3007-025-0010	$60.92	1	
35-3007-008-3460	$60.92	1		35-3007-025-0020	$60.92	1	
35-3007-008-3470	$60.92	1		35-3007-025-0030	$60.92	1	
35-3007-008-3480	$60.92	1		35-3007-025-0040	$60.92	1	
35-3007-008-3490	$60.92	1		35-3007-025-0050	$60.92	1	
35-3007-008-3500	$60.92	1		35-3007-025-0060	$60.92	1	
35-3007-008-3510	$60.92	1		35-3007-025-0070	$60.92	1	
35-3007-008-3520	$60.92	1		35-3007-025-0080	$60.92	1	
35-3007-008-3530	$60.92	1		35-3007-025-0090	$60.92	1	
35-3007-008-3540	$60.92	1		35-3007-025-0100	$60.92	1	
35-3007-008-3550	$60.92	1		35-3007-025-0110	$60.92	1	
35-3007-008-3560	$60.92	1		35-3007-025-0120	$60.92	1	
35-3007-008-3570	$60.92	1		35-3007-025-0130	$60.92	1	
35-3007-008-3580	$60.92	1		35-3007-025-0140	$60.92	1	
35-3007-008-3590	$60.92	1		35-3007-025-0150	$60.92	1	
35-3007-008-3600	$60.92	1		35-3007-025-0160	$60.92	1	
35-3007-008-3610	$60.92	1		35-3007-025-0170	$60.92	1	
35-3007-008-3620	$60.92	1		35-3007-025-0180	$60.92	1	
35-3007-008-3630	$60.92	1		35-3007-025-0190	$60.92	1	
35-3007-008-3640	$60.92	1		35-3007-025-0200	$60.92	1	
35-3007-008-3650	$60.92	1		35-3007-025-0210	$60.92	1	
35-3007-008-3660	$60.92	1		35-3007-025-0220	$60.92	1	
35-3007-008-3670	$60.92	1		35-3007-025-0230	$60.92	1	
35-3007-008-3680	$60.92	1		35-3007-025-0240	$60.92	1	
35-3007-008-3690	$60.92	1		35-3007-025-0250	$60.92	1	
35-3007-008-3700	$60.92	1		35-3007-025-0260	$60.92	1	
35-3007-008-3710	$60.92	1		35-3007-025-0270	$60.92	1	
35-3007-008-3720	$60.92	1		35-3007-025-0280	$60.92	1	
35-3007-008-3730	$60.92	1		35-3007-025-0290	$60.92	1	
35-3007-008-3740	$60.92	1		35-3007-025-0300	$60.92	1	
35-3007-008-3750	$60.92	1		35-3007-025-0310	$60.92	1	
35-3007-008-3760	$60.92	1		35-3007-025-0320	$60.92	1	
35-3007-008-3770	$60.92	1		35-3007-025-0330	$60.92	1	
35-3007-008-3780	$60.92	1		35-3007-025-0340	$60.92	1	
35-3007-008-3790	$60.92	1		35-3007-025-0350	$60.92	1	
35-3007-008-3800	$60.92	1		35-3007-025-0360	$60.92	1	
35-3007-008-3810	$60.92	1		35-3007-025-0370	$60.92	1	
35-3007-008-3820	$60.92	1		35-3007-025-0380	$60.92	1	
35-3007-008-3830	$60.92	1		35-3007-025-0390	$60.92	1	
35-3007-008-3840	$60.92	1		35-3007-025-0400	$60.92	1	
35-3007-008-3850	$60.92	1		35-3007-025-0410	$60.92	1	
35-3007-008-3860	$60.92	1		35-3007-025-0420	$60.92	1	
35-3007-008-3870	$60.92	1		35-3007-025-0430	$60.92	1	
35-3007-008-3880	$60.92	1		35-3007-025-0440	$60.92	1	
35-3007-008-3890	$60.92	1		35-3007-025-0450	$60.92	1	
35-3007-008-3900	$60.92	1		35-3007-025-0460	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-008-3910	$60.92	1		35-3007-025-0470	$60.92	1	
35-3007-008-3920	$60.92	1		35-3007-025-0480	$60.92	1	
35-3007-008-3930	$60.92	1		35-3007-025-0490	$60.92	1	
35-3007-008-3940	$60.92	1		35-3007-025-0500	$60.92	1	
35-3007-008-3950	$60.92	1		35-3007-025-0510	$60.92	1	
35-3007-008-3960	$60.92	1		35-3007-025-0520	$60.92	1	
35-3007-008-3970	$60.92	1		35-3007-025-0530	$60.92	1	
35-3007-008-3980	$60.92	1		35-3007-025-0540	$60.92	1	
35-3007-008-3990	$60.92	1		35-3007-025-0550	$60.92	1	
35-3007-008-4000	$60.92	1		35-3007-025-0560	$60.92	1	
35-3007-008-4010	$60.92	1		35-3007-025-0570	$60.92	1	
35-3007-008-4020	$60.92	1		35-3007-025-0580	$60.92	1	
35-3007-008-4030	$60.92	1		35-3007-025-0590	$60.92	1	
35-3007-008-4040	$60.92	1		35-3007-025-0600	$60.92	1	
35-3007-008-4050	$60.92	1		35-3007-025-0610	$60.92	1	
35-3007-008-4060	$60.92	1		35-3007-025-0620	$60.92	1	
35-3007-008-4070	$60.92	1		35-3007-025-0630	$60.92	1	
35-3007-008-4080	$60.92	1		35-3007-025-0640	$60.92	1	
35-3007-008-4090	$60.92	1		35-3007-025-0650	$60.92	1	
35-3007-008-4100	$60.92	1		35-3007-025-0660	$60.92	1	
35-3007-008-4110	$60.92	1		35-3007-025-0670	$60.92	1	
35-3007-008-4120	$60.92	1		35-3007-025-0680	$60.92	1	
35-3007-008-4130	$60.92	1		35-3007-025-0690	$60.92	1	
35-3007-008-4140	$60.92	1		35-3007-025-0700	$60.92	1	
35-3007-008-4150	$60.92	1		35-3007-025-0710	$60.92	1	
35-3007-008-4160	$60.92	1		35-3007-025-0720	$60.92	1	
35-3007-008-4170	$60.92	1		35-3007-025-0730	$60.92	1	
35-3007-008-4180	$60.92	1		35-3007-025-0740	$60.92	1	
35-3007-008-4190	$60.92	1		35-3007-025-0750	$60.92	1	
35-3007-008-4200	$60.92	1		35-3007-025-0760	$60.92	1	
35-3007-008-4210	$60.92	1		35-3007-025-0770	$60.92	1	
35-3007-008-4220	$60.92	1		35-3007-025-0780	$60.92	1	
35-3007-008-4230	$60.92	1		35-3007-025-0790	$60.92	1	
35-3007-008-4240	$60.92	1		35-3007-025-0800	$60.92	1	
35-3007-008-4250	$60.92	1		35-3007-025-0810	$60.92	1	
35-3007-008-4260	$60.92	1		35-3007-025-0820	$60.92	1	
35-3007-008-4270	$60.92	1		35-3007-025-0830	$60.92	1	
35-3007-008-4280	$60.92	1		35-3007-025-0840	$60.92	1	
35-3007-008-4290	$60.92	1		35-3007-025-0850	$60.92	1	
35-3007-008-4300	$60.92	1		35-3007-025-0860	$60.92	1	
35-3007-008-4310	$60.92	1		35-3007-025-0870	$60.92	1	
35-3007-008-4320	$60.92	1		35-3007-025-0880	$60.92	1	
35-3007-008-4330	$60.92	1		35-3007-025-0890	$60.92	1	
35-3007-008-4340	$60.92	1		35-3007-025-0900	$60.92	1	
35-3007-008-4350	$60.92	1		35-3007-025-0910	$60.92	1	
35-3007-008-4360	$60.92	1		35-3007-025-0920	$60.92	1	
35-3007-008-4370	$60.92	1		35-3007-025-0930	$60.92	1	
35-3007-008-4380	$60.92	1		35-3007-025-0940	$60.92	1	
35-3007-008-4390	$60.92	1		35-3007-025-0950	$60.92	1	
35-3007-008-4400	$60.92	1		35-3007-025-0960	$60.92	1	
35-3007-008-4410	$60.92	1		35-3007-025-0970	$60.92	1	
35-3007-008-4420	$60.92	1		35-3007-025-0980	$60.92	1	
35-3007-008-4430	$60.92	1		35-3007-025-0990	$60.92	1	
35-3007-008-4440	$60.92	1		35-3007-025-1000	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-008-4450	$60.92	1		35-3007-025-1010	$60.92	1	
35-3007-008-4460	$60.92	1		35-3007-025-1020	$60.92	1	
35-3007-008-4470	$60.92	1		35-3007-025-1030	$60.92	1	
35-3007-008-4480	$60.92	1		35-3007-025-1040	$60.92	1	
35-3007-008-4490	$60.92	1		35-3007-025-1050	$60.92	1	
35-3007-008-4500	$60.92	1		35-3007-025-1060	$60.92	1	
35-3007-008-4510	$60.92	1		35-3007-025-1070	$60.92	1	
35-3007-008-4520	$60.92	1		35-3007-025-1080	$60.92	1	
35-3007-008-4530	$60.92	1		35-3007-025-1090	$60.92	1	
35-3007-008-4540	$60.92	1		35-3007-025-1100	$60.92	1	
35-3007-008-4550	$60.92	1		35-3007-025-1110	$60.92	1	
35-3007-008-4560	$60.92	1		35-3007-025-1120	$60.92	1	
35-3007-011-0010	$60.92	1		35-3007-025-1130	$60.92	1	
35-3007-011-0020	$60.92	1		35-3007-025-1140	$60.92	1	
35-3007-011-0030	$60.92	1		35-3007-025-1150	$60.92	1	
35-3007-011-0040	$60.92	1		35-3007-025-1160	$60.92	1	
35-3007-011-0050	$60.92	1		35-3007-025-1170	$60.92	1	
35-3007-011-0060	$60.92	1		35-3007-025-1180	$60.92	1	
35-3007-011-0070	$60.92	1		35-3007-025-1190	$60.92	1	
35-3007-011-0080	$60.92	1		35-3007-025-1200	$60.92	1	
35-3007-011-0090	$60.92	1		35-3007-025-1210	$60.92	1	
35-3007-011-0100	$60.92	1		35-3007-025-1220	$60.92	1	
35-3007-011-0110	$60.92	1		35-3007-025-1230	$60.92	1	
35-3007-011-0120	$60.92	1		35-3007-025-1240	$60.92	1	
35-3007-011-0130	$60.92	1		35-3007-025-1250	$60.92	1	
35-3007-011-0140	$60.92	1		35-3007-025-1260	$60.92	1	
35-3007-011-0150	$60.92	1		35-3007-025-1270	$60.92	1	
35-3007-011-0160	$60.92	1		35-3007-025-1280	$60.92	1	
35-3007-011-0170	$60.92	1		35-3007-025-1290	$60.92	1	
35-3007-011-0180	$60.92	1		35-3007-025-1300	$60.92	1	
35-3007-011-0190	$60.92	1		35-3007-025-1310	$60.92	1	
35-3007-011-0200	$60.92	1		35-3007-025-1320	$60.92	1	
35-3007-011-0210	$60.92	1		35-3007-025-1330	$60.92	1	
35-3007-011-0220	$60.92	1		35-3007-025-1340	$60.92	1	
35-3007-011-0230	$60.92	1		35-3007-025-1350	$60.92	1	
35-3007-011-0240	$60.92	1		35-3007-025-1360	$60.92	1	
35-3007-011-0250	$60.92	1		35-3007-025-1370	$60.92	1	
35-3007-011-0260	$60.92	1		35-3007-025-1380	$60.92	1	
35-3007-011-0270	$60.92	1		35-3007-025-1390	$60.92	1	
35-3007-011-0280	$60.92	1		35-3007-025-1400	$60.92	1	
35-3007-011-0290	$60.92	1		35-3007-025-1410	$60.92	1	
35-3007-011-0300	$60.92	1		35-3007-025-1420	$60.92	1	
35-3007-011-0310	$60.92	1		35-3007-025-1430	$60.92	1	
35-3007-011-0320	$60.92	1		35-3007-025-1440	$60.92	1	
35-3007-011-0330	$60.92	1		35-3007-025-1450	$60.92	1	
35-3007-011-0340	$60.92	1		35-3007-025-1460	$60.92	1	
35-3007-011-0350	$60.92	1		35-3007-025-1470	$60.92	1	
35-3007-011-0360	$60.92	1		35-3007-025-1480	$60.92	1	
35-3007-011-0370	$60.92	1		35-3007-025-1490	$60.92	1	
35-3007-011-0380	$60.92	1		35-3007-025-1500	$60.92	1	
35-3007-011-0390	$60.92	1		35-3007-025-1510	$60.92	1	
35-3007-011-0400	$60.92	1		35-3007-025-1520	$60.92	1	
35-3007-011-0410	$60.92	1		35-3007-025-1530	$60.92	1	
35-3007-011-0420	$60.92	1		35-3007-025-1540	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-011-0430	$60.92	1		35-3007-025-1550	$60.92	1	
35-3007-011-0440	$60.92	1		35-3007-025-1560	$60.92	1	
35-3007-011-0450	$60.92	1		35-3007-025-1570	$60.92	1	
35-3007-011-0460	$60.92	1		35-3007-025-1580	$60.92	1	
35-3007-011-0470	$60.92	1		35-3007-025-1590	$60.92	1	
35-3007-011-0480	$60.92	1		35-3007-025-1600	$60.92	1	
35-3007-011-0490	$60.92	1		35-3007-025-1610	$60.92	1	
35-3007-011-0500	$60.92	1		35-3007-025-1620	$60.92	1	
35-3007-011-0510	$60.92	1		35-3007-025-1630	$60.92	1	
35-3007-011-0520	$60.92	1		35-3007-025-1640	$60.92	1	
35-3007-011-0530	$60.92	1		35-3007-025-1650	$60.92	1	
35-3007-011-0540	$60.92	1		35-3007-025-1660	$60.92	1	
35-3007-011-0550	$60.92	1		35-3007-025-1670	$60.92	1	
35-3007-011-0560	$60.92	1		35-3007-025-1680	$60.92	1	
35-3007-011-0570	$60.92	1		35-3007-025-1690	$60.92	1	
35-3007-011-0580	$60.92	1		35-3007-025-1700	$60.92	1	
35-3007-011-0590	$60.92	1		35-3007-025-1710	$60.92	1	
35-3007-011-0600	$60.92	1		35-3007-025-1720	$60.92	1	
35-3007-011-0610	$60.92	1		35-3007-025-1730	$60.92	1	
35-3007-011-0620	$60.92	1		35-3007-025-1740	$60.92	1	
35-3007-011-0630	$60.92	1		35-3007-025-1750	$60.92	1	
35-3007-011-0640	$60.92	1		35-3007-025-1760	$60.92	1	
35-3007-011-0650	$60.92	1		35-3007-025-1770	$60.92	1	
35-3007-011-0660	$60.92	1		35-3007-025-1780	$60.92	1	
35-3007-011-0670	$60.92	1		35-3007-025-1790	$60.92	1	
35-3007-011-0680	$60.92	1		35-3007-025-1800	$60.92	1	
35-3007-011-0690	$60.92	1		35-3007-025-1810	$60.92	1	
35-3007-011-0700	$60.92	1		35-3007-025-1820	$60.92	1	
35-3007-011-0710	$60.92	1		35-3007-025-1830	$60.92	1	
35-3007-011-0720	$60.92	1		35-3007-025-1840	$60.92	1	
35-3007-011-0730	$60.92	1		35-3007-025-1850	$60.92	1	
35-3007-011-0740	$60.92	1		35-3007-025-1860	$60.92	1	
35-3007-011-0750	$60.92	1		35-3007-025-1870	$60.92	1	
35-3007-011-0760	$60.92	1		35-3007-025-1880	$60.92	1	
35-3007-011-0770	$60.92	1		35-3007-025-1890	$60.92	1	
35-3007-011-0780	$60.92	1		35-3007-025-1900	$60.92	1	
35-3007-011-0790	$60.92	1		35-3007-025-1910	$60.92	1	
35-3007-011-0800	$60.92	1		35-3007-025-1920	$60.92	1	
35-3007-011-0810	$60.92	1		35-3007-025-1930	$60.92	1	
35-3007-011-0820	$60.92	1		35-3007-025-1940	$60.92	1	
35-3007-011-0830	$60.92	1		35-3007-025-1950	$60.92	1	
35-3007-011-0840	$60.92	1		35-3007-025-1960	$60.92	1	
35-3007-011-0850	$60.92	1		35-3007-025-1970	$60.92	1	
35-3007-011-0860	$60.92	1		35-3007-025-1980	$60.92	1	
35-3007-011-0870	$60.92	1		35-3007-025-1990	$60.92	1	
35-3007-011-0880	$60.92	1		35-3007-025-2000	$60.92	1	
35-3007-011-0890	$60.92	1		35-3007-025-2010	$60.92	1	
35-3007-011-0900	$60.92	1		35-3007-025-2020	$60.92	1	
35-3007-011-0910	$60.92	1		35-3007-025-2030	$60.92	1	
35-3007-011-0920	$60.92	1		35-3007-025-2040	$60.92	1	
35-3007-011-0930	$60.92	1		35-3007-025-2050	$60.92	1	
35-3007-011-0940	$60.92	1		35-3007-025-2060	$60.92	1	
35-3007-011-0950	$60.92	1		35-3007-025-2070	$60.92	1	
35-3007-011-0960	$60.92	1		35-3007-025-2080	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-011-0970	$60.92	1		35-3007-025-2090	$60.92	1	
35-3007-011-0980	$60.92	1		35-3007-025-2100	$60.92	1	
35-3007-011-0990	$60.92	1		35-3007-025-2110	$60.92	1	
35-3007-011-1000	$60.92	1		35-3007-025-2120	$60.92	1	
35-3007-011-1010	$60.92	1		35-3007-025-2130	$60.92	1	
35-3007-011-1020	$60.92	1		35-3007-025-2140	$60.92	1	
35-3007-011-1030	$60.92	1		35-3007-025-2150	$60.92	1	
35-3007-011-1040	$60.92	1		35-3007-025-2160	$60.92	1	
35-3007-011-1050	$60.92	1		35-3007-025-2170	$60.92	1	
35-3007-011-1060	$60.92	1		35-3007-025-2180	$60.92	1	
35-3007-011-1070	$60.92	1		35-3007-025-2190	$60.92	1	
35-3007-011-1080	$60.92	1		35-3007-025-2200	$60.92	1	
35-3007-011-1090	$60.92	1		35-3007-025-2210	$60.92	1	
35-3007-011-1100	$60.92	1		35-3007-025-2220	$60.92	1	
35-3007-011-1110	$60.92	1		35-3007-025-2230	$60.92	1	
35-3007-011-1120	$60.92	1		35-3007-025-2240	$60.92	1	
35-3007-011-1130	$60.92	1		35-3007-025-2250	$60.92	1	
35-3007-011-1140	$60.92	1		35-3007-025-2260	$60.92	1	
35-3007-011-1150	$60.92	1		35-3007-025-2270	$60.92	1	
35-3007-011-1160	$60.92	1		35-3007-025-2280	$60.92	1	
35-3007-011-1170	$60.92	1		35-3007-025-2290	$60.92	1	
35-3007-011-1180	$60.92	1		35-3007-025-2300	$60.92	1	
35-3007-011-1190	$60.92	1		35-3007-025-2310	$60.92	1	
35-3007-011-1200	$60.92	1		35-3007-025-2320	$60.92	1	
35-3007-011-1210	$60.92	1		35-3007-025-2330	$60.92	1	
35-3007-011-1220	$60.92	1		35-3007-025-2340	$60.92	1	
35-3007-011-1230	$60.92	1		35-3007-025-2350	$60.92	1	
35-3007-011-1240	$60.92	1		35-3007-025-2360	$60.92	1	
35-3007-011-1250	$60.92	1		35-3007-025-2370	$60.92	1	
35-3007-011-1260	$60.92	1		35-3007-025-2380	$60.92	1	
35-3007-011-1270	$60.92	1		35-3007-025-2390	$60.92	1	
35-3007-011-1280	$60.92	1		35-3007-025-2400	$60.92	1	
35-3007-011-1290	$60.92	1		35-3007-030-0010	$60.92	1	
35-3007-011-1300	$60.92	1		35-3007-030-0020	$60.92	1	
35-3007-011-1310	$60.92	1		35-3007-030-0030	$60.92	1	
35-3007-011-1320	$60.92	1		35-3007-030-0040	$60.92	1	
35-3007-011-1330	$60.92	1		35-3007-030-0050	$60.92	1	
35-3007-011-1340	$60.92	1		35-3007-030-0060	$60.92	1	
35-3007-011-1350	$60.92	1		35-3007-030-0070	$60.92	1	
35-3007-011-1360	$60.92	1		35-3007-030-0080	$60.92	1	
35-3007-011-1370	$106.48	1		35-3007-030-0090	$60.92	1	
35-3007-011-1380	$106.48	1		35-3007-030-0100	$60.92	1	
35-3007-011-1390	$106.48	1		35-3007-030-0110	$60.92	1	
35-3007-011-1400	$106.48	1		35-3007-030-0120	$60.92	1	
35-3007-011-1410	$106.48	1		35-3007-030-0130	$60.92	1	
35-3007-011-1420	$106.48	1		35-3007-030-0140	$60.92	1	
35-3007-011-1430	$106.48	1		35-3007-030-0150	$60.92	1	
35-3007-011-1440	$106.48	1		35-3007-030-0160	$60.92	1	
35-3007-011-1450	$106.48	1		35-3007-030-0170	$60.92	1	
35-3007-011-1460	$106.48	1		35-3007-030-0180	$60.92	1	
35-3007-011-1470	$106.48	1		35-3007-030-0190	$60.92	1	
35-3007-011-1480	$106.48	1		35-3007-030-0200	$60.92	1	
35-3007-011-1490	$106.48	1		35-3007-030-0210	$60.92	1	
35-3007-011-1500	$106.48	1		35-3007-030-0220	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-011-1510	$106.48	1		35-3007-030-0230	$60.92	1	
35-3007-011-1520	$106.48	1		35-3007-030-0240	$60.92	1	
35-3007-011-1530	$106.48	1		35-3007-030-0250	$60.92	1	
35-3007-011-1540	$106.48	1		35-3007-030-0260	$60.92	1	
35-3007-011-1550	$106.48	1		35-3007-030-0270	$60.92	1	
35-3007-011-1560	$106.48	1		35-3007-030-0280	$60.92	1	
35-3007-011-1570	$106.48	1		35-3007-030-0290	$60.92	1	
35-3007-011-1580	$106.48	1		35-3007-030-0300	$60.92	1	
35-3007-011-1590	$106.48	1		35-3007-030-0310	$60.92	1	
35-3007-011-1600	$106.48	1		35-3007-030-0320	$60.92	1	
35-3007-011-1610	$106.48	1		35-3007-030-0330	$60.92	1	
35-3007-011-1620	$106.48	1		35-3007-030-0340	$60.92	1	
35-3007-011-1630	$106.48	1		35-3007-030-0350	$60.92	1	
35-3007-011-1640	$106.48	1		35-3007-030-0360	$60.92	1	
35-3007-011-1650	$106.48	1		35-3007-030-0370	$60.92	1	
35-3007-011-1660	$106.48	1		35-3007-030-0380	$60.92	1	
35-3007-011-1670	$106.48	1		35-3007-030-0390	$60.92	1	
35-3007-011-1680	$106.48	1		35-3007-030-0400	$60.92	1	
35-3007-011-1690	$106.48	1		35-3007-030-0410	$60.92	1	
35-3007-011-1700	$106.48	1		35-3007-030-0420	$60.92	1	
35-3007-011-1710	$106.48	1		35-3007-030-0430	$60.92	1	
35-3007-011-1720	$106.48	1		35-3007-030-0440	$60.92	1	
35-3007-011-1730	$106.48	1		35-3007-030-0450	$60.92	1	
35-3007-011-1740	$106.48	1		35-3007-030-0460	$60.92	1	
35-3007-011-1750	$106.48	1		35-3007-030-0470	$60.92	1	
35-3007-011-1760	$106.48	1		35-3007-030-0480	$60.92	1	
35-3007-011-1770	$106.48	1		35-3007-030-0490	$60.92	1	
35-3007-011-1780	$106.48	1		35-3007-030-0500	$60.92	1	
35-3007-011-1790	$106.48	1		35-3007-030-0510	$60.92	1	
35-3007-011-1800	$106.48	1		35-3007-030-0520	$60.92	1	
35-3007-011-1810	$106.48	1		35-3007-030-0530	$60.92	1	
35-3007-011-1820	$106.48	1		35-3007-030-0540	$60.92	1	
35-3007-011-1830	$106.48	1		35-3007-030-0550	$60.92	1	
35-3007-011-1840	$106.48	1		35-3007-030-0560	$60.92	1	
35-3007-011-1850	$106.48	1		35-3007-030-0570	$60.92	1	
35-3007-011-1860	$106.48	1		35-3007-030-0580	$60.92	1	
35-3007-011-1870	$106.48	1		35-3007-030-0590	$60.92	1	
35-3007-011-1880	$106.48	1		35-3007-030-0600	$60.92	1	
35-3007-011-1890	$106.48	1		35-3007-030-0610	$60.92	1	
35-3007-011-1900	$106.48	1		35-3007-030-0620	$60.92	1	
35-3007-011-1910	$106.48	1		35-3007-030-0630	$60.92	1	
35-3007-011-1920	$106.48	1		35-3007-030-0640	$60.92	1	
35-3007-011-1930	$106.48	1		35-3007-030-0650	$60.92	1	
35-3007-011-1940	$106.48	1		35-3007-030-0660	$60.92	1	
35-3007-011-1950	$106.48	1		35-3007-030-0670	$60.92	1	
35-3007-011-1960	$106.48	1		35-3007-030-0680	$60.92	1	
35-3007-011-1970	$106.48	1		35-3007-030-0690	$60.92	1	
35-3007-011-1980	$106.48	1		35-3007-030-0700	$60.92	1	
35-3007-011-1990	$106.48	1		35-3007-030-0710	$60.92	1	
35-3007-011-2000	$106.48	1		35-3007-030-0720	$60.92	1	
35-3007-011-2010	$106.48	1		35-3007-030-0730	$60.92	1	
35-3007-011-2020	$106.48	1		35-3007-030-0740	$60.92	1	
35-3007-011-2030	$106.48	1		35-3007-030-0750	$60.92	1	
35-3007-011-2040	$106.48	1		35-3007-030-0760	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-011-2050	$106.48	1		35-3007-030-0770	$60.92	1	
35-3007-011-2060	$106.48	1		35-3007-030-0780	$60.92	1	
35-3007-011-2070	$106.48	1		35-3007-030-0790	$60.92	1	
35-3007-011-2080	$106.48	1		35-3007-030-0800	$60.92	1	
35-3007-011-2090	$106.48	1		35-3007-030-0810	$60.92	1	
35-3007-011-2100	$106.48	1		35-3007-030-0820	$60.92	1	
35-3007-011-2110	$106.48	1		35-3007-030-0830	$60.92	1	
35-3007-011-2120	$106.48	1		35-3007-030-0840	$60.92	1	
35-3007-011-2130	$106.48	1		35-3007-030-0850	$60.92	1	
35-3007-011-2140	$106.48	1		35-3007-030-0860	$60.92	1	
35-3007-011-2150	$106.48	1		35-3007-030-0870	$60.92	1	
35-3007-011-2160	$106.48	1		35-3007-030-0880	$60.92	1	
35-3007-011-2170	$106.48	1		35-3007-030-0890	$60.92	1	
35-3007-011-2180	$106.48	1		35-3007-030-0900	$60.92	1	
35-3007-011-2190	$106.48	1		35-3007-030-0910	$60.92	1	
35-3007-011-2200	$106.48	1		35-3007-030-0920	$60.92	1	
35-3007-011-2210	$106.48	1		35-3007-030-0930	$60.92	1	
35-3007-011-2220	$106.48	1		35-3007-030-0940	$60.92	1	
35-3007-011-2230	$106.48	1		35-3007-030-0950	$60.92	1	
35-3007-011-2240	$106.48	1		35-3007-030-0960	$60.92	1	
35-3007-011-2250	$106.48	1		35-3007-030-0970	$60.92	1	
35-3007-011-2260	$106.48	1		35-3007-030-0980	$60.92	1	
35-3007-011-2270	$106.48	1		35-3007-030-0990	$60.92	1	
35-3007-011-2280	$106.48	1		35-3007-030-1000	$60.92	1	
35-3007-011-2290	$106.48	1		35-3007-030-1010	$60.92	1	
35-3007-011-2300	$106.48	1		35-3007-030-1020	$60.92	1	
35-3007-011-2310	$106.48	1		35-3007-030-1030	$60.92	1	
35-3007-011-2320	$106.48	1		35-3007-030-1040	$60.92	1	
35-3007-011-2330	$106.48	1		35-3007-030-1050	$60.92	1	
35-3007-011-2340	$106.48	1		35-3007-030-1060	$60.92	1	
35-3007-011-2350	$106.48	1		35-3007-030-1070	$60.92	1	
35-3007-011-2360	$106.48	1		35-3007-030-1080	$60.92	1	
35-3007-011-2370	$106.48	1		35-3007-030-1090	$60.92	1	
35-3007-011-2380	$106.48	1		35-3007-030-1100	$60.92	1	
35-3007-011-2390	$106.48	1		35-3007-030-1110	$60.92	1	
35-3007-011-2400	$106.48	1		35-3007-030-1120	$60.92	1	
35-3007-011-2410	$106.48	1		35-3007-030-1130	$60.92	1	
35-3007-011-2420	$106.48	1		35-3007-030-1140	$60.92	1	
35-3007-011-2430	$106.48	1		35-3007-030-1150	$60.92	1	
35-3007-011-2440	$106.48	1		35-3007-030-1160	$60.92	1	
35-3007-011-2450	$106.48	1		35-3007-030-1170	$60.92	1	
35-3007-011-2460	$106.48	1		35-3007-030-1180	$60.92	1	
35-3007-011-2470	$106.48	1		35-3007-030-1190	$60.92	1	
35-3007-011-2480	$106.48	1		35-3007-030-1200	$60.92	1	
35-3007-011-2490	$106.48	1		35-3007-030-1210	$60.92	1	
35-3007-011-2500	$106.48	1		35-3007-030-1220	$60.92	1	
35-3007-011-2510	$106.48	1		35-3007-030-1230	$60.92	1	
35-3007-011-2520	$106.48	1		35-3007-031-0010	$60.92	1	
35-3007-011-2530	$106.48	1		35-3007-031-0020	$60.92	1	
35-3007-011-2540	$106.48	1		35-3007-031-0030	$60.92	1	
35-3007-011-2550	$106.48	1		35-3007-031-0040	$60.92	1	
35-3007-011-2560	$106.48	1		35-3007-031-0050	$60.92	1	
35-3007-011-2570	$106.48	1		35-3007-031-0060	$60.92	1	
35-3007-011-2580	$106.48	1		35-3007-031-0070	$60.92	1	

Islands at Doral III CDD	Exhibit "A"	Printed:8/4/2021

Folio	O&M	Count		Folio	O&M	Count	
35-3007-011-2590	$106.48	1		35-3007-031-0080	$60.92	1	
35-3007-011-2600	$106.48	1		35-3007-031-0090	$60.92	1	
35-3007-011-2610	$106.48	1		35-3007-031-0100	$60.92	1	
35-3007-011-2620	$106.48	1		35-3007-031-0110	$60.92	1	
35-3007-011-2630	$106.48	1		35-3007-031-0120	$60.92	1	
35-3007-011-2640	$106.48	1		35-3007-031-0130	$60.92	1	
35-3007-011-2650	$106.48	1		35-3007-031-0140	$60.92	1	
35-3007-011-2660	$106.48	1		35-3007-031-0150	$60.92	1	
35-3007-011-2670	$106.48	1		35-3007-031-0160	$60.92	1	
35-3007-011-2680	$106.48	1		35-3007-031-0170	$60.92	1	
35-3007-011-2690	$106.48	1		35-3007-031-0180	$60.92	1	
35-3007-011-2700	$60.92	1		35-3007-031-0190	$60.92	1	
35-3007-011-2710	$60.92	1		35-3007-031-0200	$60.92	1	
35-3007-011-2720	$60.92	1		35-3007-031-0210	$60.92	1	
35-3007-011-2730	$60.92	1		35-3007-031-0220	$60.92	1	
35-3007-011-2740	$60.92	1		35-3007-031-0230	$60.92	1	
35-3007-011-2750	$60.92	1		35-3007-031-0240	$60.92	1	
35-3007-011-2760	$60.92	1		35-3007-031-0250	$60.92	1	
35-3007-011-2770	$60.92	1		35-3007-031-0260	$60.92	1	
35-3007-011-2780	$60.92	1		35-3007-031-0270	$60.92	1	
35-3007-011-2790	$60.92	1		35-3007-031-0280	$60.92	1	
35-3007-011-2800	$60.92	1		35-3007-031-0290	$60.92	1	
35-3007-011-2810	$60.92	1		35-3007-031-0300	$60.92	1	
35-3007-011-2820	$60.92	1		35-3007-031-0310	$60.92	1	
35-3007-011-2830	$60.92	1		35-3007-031-0320	$60.92	1	
35-3007-011-2840	$60.92	1		35-3007-031-0330	$60.92	1	
35-3007-011-2850	$60.92	1		35-3007-031-0340	$60.92	1	
35-3007-011-2860	$60.92	1		35-3007-031-0350	$60.92	1	
35-3007-011-2870	$60.92	1		35-3007-031-0360	$60.92	1	
35-3007-011-2880	$60.92	1		35-3007-031-0370	$60.92	1	
35-3007-011-2890	$60.92	1		35-3007-031-0380	$60.92	1	
35-3007-011-2900	$60.92	1		35-3007-031-0390	$60.92	1	
35-3007-011-2910	$60.92	1		35-3007-031-0400	$60.92	1	
35-3007-011-2920	$60.92	1		35-3007-031-0410	$60.92	1	
35-3007-011-2930	$60.92	1		35-3007-031-0420	$60.92	1	
35-3007-011-2940	$60.92	1		35-3007-031-0430	$60.92	1	
35-3007-011-2950	$60.92	1		35-3007-031-0440	$60.92	1	
35-3007-011-2960	$60.92	1		35-3007-031-0450	$60.92	1	
35-3007-011-2970	$60.92	1		35-3007-031-0460	$60.92	1	
35-3007-011-2980	$60.92	1		35-3007-031-0470	$60.92	1	
35-3007-011-2990	$60.92	1		35-3007-031-0480	$60.92	1	
35-3007-011-3000	$60.92	1		35-3007-031-0490	$60.92	1	
35-3007-011-3010	$60.92	1		35-3007-031-0500	$60.92	1	
35-3007-011-3020	$60.92	1		35-3007-031-0510	$60.92	1	
35-3007-011-3030	$60.92	1		35-3007-031-0520	$60.92	1	

TOTAL	

$103,698.88	

1,602	

Grau& Associates
CERTIFIED PUBLIC ACCOUNTANTS

951 Yamato Road• Suite 280 Boca Raton, Florida 33431
(561) 994-9299 • (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

August24,2020 Board of Supervisors
Islands at Doral Ill Community Development District 5385 N. Nob Hill Road
Sunrise, FL 33351

We are pleased to confirm our understanding of the services we are to provide Islands at Doral Ill Community Development District, City of Doral, Florida (the "District") for the fiscal year ended September 30, 2020. We will audit the financial statements of the governmental activities and each major fund, including the related notes to the financial statements, which collectively comprise the basic financial statements of Islands at Doral Ill Community Development District for the fiscal year ended September 30, 2020. In addition, we will examine the District's compliance with the requirements of Section 218.415 Florida Statutes. This letter serves to renew our agreement and establish the terms and fee for the 2020 audit.

Accounting standards generally accepted in the United States of America provide for certain required supplementary information (RSI), such as management's discussion and analysis (MD&A), to supplement the District's basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. As part of our engagement, we will apply certain limited procedures to the District's RSI in accordance with auditing standards generally accepted in the United States of America. These limited procedures will consist of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We will not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

The following RSI is required by generally accepted accounting principles and will be subjected to certain limited procedures, but will not be audited:
Management's discussion and analysis
Budgetary comparison schedule
Audit Objectives
The objective of our audit is the expression of opinions as to whether your financial statements are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles and to report on the fairness of the supplementary information referred to in the second paragraph when considered in relation to the financial statements as a whole. Our audit will be conducted in accordance with auditing standards generally accepted in the United States of America and the standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States, and will include tests of the accounting records of the District and other procedures we consider necessary lo enable us to express such opinions. We will issue a written report upon completion of our audit of the District's financial statements. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of­ matter or other-matter paragraphs. If our opinion on the financial statements is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report, or may withdraw from this engagement.
We will also provide a report (that does not include an opinion) on internal control related to the financial statements and compliance with the provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a material effect on the financial statements as required by Government Auditing Standards. The report on internal control and on compliance and other matters will include a paragraph that states (1) that the purpose of the report is solely to describe the scope of testing of internal control and compliance, and the results of that testing, and not to provide an opinion on the effectiveness of the District's internal control on compliance, and (2) that the report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District's internal control and compliance. The paragraph will also state that the report is not suitable for any other purpose. If during our audit we become aware that the District is subject to an audit requirement that is not encompassed in the terms of this engagement, we will communicate to management and those charged with governance that an audit in accordance with U.S. generally accepted auditing standards and the standards for financial audits contained in Government Auditing Standards may not satisfy the relevant legal, regulatory, or contractual requirements.

Islands at Doral Ill Community Development District	Page2

Examination Objective
The objective of our examination is the expression of an opinion as to whether the District is in compliance with Florida Statute 218.415 in accordance with Rule 10.556(10) of the Auditor General of the State of Florida. Our examination will be conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and will include tests of your records and other procedures we consider necessary to enable us to express such an opinion. We will issue a written report upon completion of our examination of the District's compliance. The report will include a statement that the report is intended solely for the information and use of management, those charged with governance, and the Florida Auditor General, and is not intended to be and should not be used by anyone other than these specified parties. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or add emphasis-of-matter or other­ matter paragraphs. If our opinion on the District's compliance is other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the examination or are unable to form or have not formed an opinion, we may decline to express an opinion or issue a report, or may withdraw from this engagement.
other Services
We will also assist in preparing the financial statements, schedules of expenditures offederal awards and state financial assistance, and related notes of the District in conformity with U.S. generally accepted accounting principles and the Uniform Guidance based on information provided by you. These nonaudit services do not constitute an audit under Government Auditing Standards and such services will not be conducted in accordance with Government Auditing Standards. We will perform the services in accordance with applicable professional standards. The other services are limited to the financial statements, schedule of expenditures of federal awards, and related notes services previously defined. We, in our sole professional judgment, reserve the right to refuse to perform any procedure or take any action that could be construed as assuming management responsibilities.
Management Responsibilities
Management is responsible for the financial statements and all accompanying information as well as all representations contained therein. Further, management is responsible for compliance with Florida Statute 218.415 and will provide us with the information required for the examination. The accuracy and completeness of such information is also management's responsibility. As part of the audit, we will assist with preparation of your financial statements and related notes in conformity with U.S. generally accepted accounting principles based on information provided by you. These nonaudit services do not constitute an audit under Government Auditing Standards and such services will not be conducted in accordance with Government Auditing Standards. You agree to assume all management responsibilities relating to the financial statements and related notes and any other nonaudit services we provide. You will be required to acknowledge in the management representation letter our assistance with preparation of the financial statements and related notes and that you have reviewed and approved the financial statements and related notes prior to their issuance and have accepted responsibility for them. In addition, you will be required to make certain representations regarding compliance with Florida Statute 218.415 in the management representation letter. Further, you agree to oversee the nonaudit services by designating an individual, preferably from senior management, who possesses suitable skill, knowledge, or experience; evaluate the adequacy and results of those services; and accept responsibility
for them.
Management is responsible for establishing and maintaining effective internal controls, including evaluating and monitoring ongoing activities, to help ensure that appropriate goals and objectives are met; following laws and regulations; and ensuring that management is reliable and financial information is reliable and properly reported. Management is also responsible for implementing systems designed to achieve compliance with applicable laws, regulations, contracts, and grant agreements. You are also responsible for the selection and application of accounting principles, for the preparation and fair presentation of the financial statements and all accompanying information in conformity with U.S. generally accepted accounting principles, and for compliance with applicable laws and regulations and the provisions of contracts and grant agreements.
Management is also responsible for making all financial records and related information available to us and for the accuracy and completeness of that information. You are also responsible for providing us with (1) access to all information of which you are aware that is relevant to the preparation and fair presentation of the financial statements,
(2) additional information that we may request for the purpose of the audit, and (3) unrestricted access to persons within
the government from whom we determine it necessary to obtain audit evidence.
Your responsibilities include adjusting the financial statements to correct material misstatements and for confirming to us in the written representation letter that the effects of any uncorrected misstatements aggregated by us during the current engagement and pertaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements taken as a whole. As part of our engagement, we may propose standard adjusting, or correcting journal entries to your financial statements. You are responsible for reviewing the entries and understanding the nature of the proposed entries and the impact they have on the financial statements.
You are responsible for the design and implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud affecting the government involving (1) management, (2) employees who have significant roles in internal control, and (3) others where the fraud could have a material effect on the financial statements. Your responsibilities include informing us of your knowledge of any allegations of fraud or suspected fraud affecting the government received in communications from employees, former employees, grantors, regulators, or others. In addition, you are responsible for identifying and ensuring that the government complies with applicable laws,

Islands at Doral Ill Community Development District	Page 3 regulations, contracts, agreements, and grants and for taking timely and appropriate steps to remedy fraud and
noncompliance with provisions of laws, regulations, contracts or grant agreements, or abuse that we report.
Management is responsible for establishing and maintaining a process for tracking the status of audit findings and recommendations. Management is also responsible for identifying for us previous financial audits, attestation engagements, performance audits or other studies related to the objectives discussed in the Audit Objectives section of this letter. This responsibility includes relaying to us corrective actions taken to address significant findings and recommendations resulting from those audits, attestation engagements, performance audits, or other studies. You are also responsible tor providing management's views on our current findings, conclusions, and recommendations, as well as your planned corrective actions, for the report, and for the timing and format for providing that information.
With regard to the electronic dissemination of audited financial statements, including financial statements published electronically on your website, you understand that electronic sites are a means to distribute information and, therefore, we are not required to read the information contained in these sites or to consider the consistency of other information in the electronic site with the original document.
Audit Procedures-General
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements; therefore, our audit will involve judgment about the number of transactions to be examined and the areas to be tested. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We will plan and perform the audit to obtain reasonable rather than absolute assurance about whether the financial statements are free of material misstatement, whether from (1) errors, (2) fraudulent financial reporting, (3) misappropriation of assets, or (4) violations of laws or governmental regulations that are attributable to the government or to acts by management or employees acting on behalf of the government. Because the determination of abuse is subjective, Government Auditing Standards do not expect auditors to provide reasonable assurance of detecting abuse.
Because of the inherent limitations of an audit, combined with the inherent limitations of internal control, and because we will not perform a detailed examination of all transactions, there is a risk that material misstatements may exist and not be detected by us, even though the audit is properly planned and performed in accordance with U.S. generally accepted auditing standards and Government Auditing Standards. In addition, an audit is not designed to detect immaterial misstatements or violations of laws or governmental regulations that do not have a direct and material effect on the financial statements. Our responsibility as auditors is limited to the period covered by our audit and does not extend to later periods for which we are not engaged as auditors.
Our procedures will include tests of documentary evidence supporting the transactions recorded in the accounts, and may include tests of the physical existence of inventories, and direct confirmation of receivables and certain other assets and liabilities by correspondence with selected individuals, funding sources, creditors, and financial institutions. We will request written representations from your attorneys as part of the engagement, and they may bill you for responding to this inquiry. At the conclusion of our audit, we will require certain written representations from you about your responsibilities for the financial statements; compliance with laws, regulations, contracts, and grant agreements; and other responsibilities required by generally accepted auditing standards.
Audit Procedures-Internal Controls
Our audit will include obtaining an understanding of the District and its environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements and to design the nature, timing, and extent of further audit procedures. Tests of controls may be performed to test the effectiveness of certain controls that we consider relevant to preventing and detecting errors and fraud that are material to the financial statements and to preventing and detecting misstatements resulting from illegal acts and other noncompliance matters that have a direct and material effect on the financial statements. Our tests, if performed, will be less in scope than would be necessary to render an opinion on internal control and, accordingly, no opinion will be expressed in our report on internal control issued pursuant to Government Auditing Standards.
An audit is not designed to provide assurance on internal control or to identify significant deficiencies or material weaknesses. However, during the audit, we will communicate to management and those charged with governance internal control related matters that are required to be communicated under AICPA professional standards and Government Auditing Standards.
Audit Procedures-Compliance
As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perform tests of the District's compliance with the provisions of applicable laws, regulations, contracts, agreements, and grants, if applicable. However, the objective of our audit will not be to provide an opinion on overall compliance and we will not express such an opinion in our report on compliance issued pursuant to Government Auditing Standards.

Islands at Doral 111 Community Development District

Engagement Administration, Fees, and Other

Page 4

We understand that your employees will prepare all confirmations we request and will locate any documents selected by us for testing.

The audit documentation for this engagement is the property of Grau & Associates and constitutes confidential information. However, subject to applicable laws and regulations, audit documentation and appropriate individuals will be made available upon request and in a timely manner to a cognizant or oversight agency or its designee, a federal agency providing direct or indirect funding, or the U.S. Government Accountability Office for purposes of a quality review of the audit, to resolve audit findings, or to carry out oversight responsibilities. We will notify you of any such request. If requested, access to such audit documentation will be provided under the supervision of Grau & Associates personnel. Furthermore, upon request, we may provide copies of selected audit documentation to the aforementioned parties. These parties may intend, or decide, to distribute the copies or information contained therein to others, including other governmental agencies. Notwithstanding the foregoing, the parties acknowledge that various documents reviewed or produced during the conduct of the audit may be public records under Florida law. The District agrees to notify Grau & Associates of any public record request it receives that involves audit documentation.

Furthermore, Grau & Associates shall, pursuant to and in accordance with Section 119.0701, Florida Statutes, comply with the public records laws of the State of Florida, and specifically shall:

Keep and maintain public records required by the District to perform the services or work set forth in this Agreement; and
Upon the request of the District's custodian of public records, provide the District with a copy of the requested records or allow the records to be inspected or copied within a reasonable time at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes, or as otherwise provided by law; and
Ensure that public records that are exempt or confidential and exempt from public records disclosure requirements are not disclosed except as authorized by law for the duration of the contract term and following completion of the Agreement if Grau & Associates does not transfer the records to the District; and
Upon completion of the Agreement, transfer, at no cost to the District, all public records in possession of the Auditor or keep and maintain public records required by the District to perform the service or work provided for in this Agreement. If the Auditor transfers all public records to the District upon completion of the Agreement, the Auditor shall destroy any duplicate public records that are exempt or confidential and exempt from public disclosure requirements. If the Auditor keeps and maintains public records upon completion of the Agreement, the Auditor shall meet all applicable requirements for retaining public records. All records stored electronically must be provided to the District, upon request from the District's custodian of public records, in a format that is compatible with the information technology systems of the District.

Auditor acknowledges that any requests to inspect or copy public records relating to this Agreement must be made directly to the District pursuant to Section 119.0701(3), Florida Statutes. If notified by the District of a public records request for records not in the possession of the District but in possession of the Auditor, the Auditor shall provide such records to the District or allow the records to be inspected or copied within a reasonable time. Auditor acknowledges that should Auditor fail to provide the public records to the District within a reasonable time, Auditor may be subject to penalties pursuant to Section 119.10, Florida Statutes.

IF GRAU & ASSOCIATES HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO ITS DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE PUBLIC RECORDS CUSTODIAN AT:

GMS-SF, LLC
5385 N NOB HILL ROAD SUNRISE, FL 33351
TELEPHONE: 954-721-8681

Our fee for these services will not exceed $4,000 for the September 30, 2020 audit, unless there is a change in activity by the District which results in additional audit work or if additional Bonds are issued.

We will complete the audit within prescribed statutory deadlines, which requires the District to submit its annual audit to the Auditor General no later than nine (9) months after the end of the audited fiscal year, with the understanding that your employees will provide information needed to peliorm the audit on a timely basis.

The audit documentation for this engagement will be retained for a minimum of five years after the report release date. If we are aware that a federal awarding agency or auditee is contesting an audit finding, we will contact the party(ies) contesting the audit finding for guidance prior to destroying the audit documentation.

Islands at Doral Ill Community Development District	Page 5

Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. Invoices will be submitted in sufficient detail to demonstrate compliance with the terms of this agreement. In accordance with our firm policies, work may be suspended if your account becomes 60 days or more overdue and may not be resumed until your account is paid in full. If we elect to terminate our services for nonpayment, our engagement will be deemed to have been completed upon written notification of termination, even if we have not completed our report. You will be obligated to compensate us for all time expended and to reimburse us for all out-of-pocket costs through the date of termination. The above fee is based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit. If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate.
We will provide you with a copy of our most recent external peer review report and any letter of comment, and any subsequent peer review reports and letters of comment received during the period of the contract. Our 2019 peer review report accompanies this letter.
We appreciate the opportunity to be of service to Islands at Doral Ill Community Development District and believe this letter accurately summarizes the significant terms of our engagement. If you have any questions, please let us know. If you agree with the terms of our engagement as described in this letter, please sign the enclosed copy and return it to us.
Very truly yours, Grau & Associates
er�-  �-
Antonio J. Grau RESPONSE:
:s	lettec co[Gh the undecstandlng of Islands at Docal Ill Community □e,elopmeot Dlstclct

Title: Date:

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Islands at Doral Ill Community Development District	Page 6

•

@AICPA'

Peer Review
Program

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FICPA PoorRovlew Program
Admlnislered In Florida
bv The Florida Institute of CPAs

AICPA Poer Roviow Program
Admlnlslered In Florida by lhe Florida lnsUlule or CPAs

February 20. 2020

Antonio Grau Grau & Associates
951 Yamato Rd Ste 280 Boca Raton. FL 33431-1809

Dear Antonio Grau:
It is my pleasure to notify you that on February 20, 2020, the Florida Peer Review Committee accepted the report on the most recent System Review of your firm. The due date for your next review is December 31, 2022. This is the date by which all review documents shouldbe completed and submitted to the administering
entity.

As you know, the report had a peer review rating of pass. The Committee asked me to convey its congratulations to the firm.

Thank you for your cooperation.

sf°fCPA' pu,, �w�C!M1'-f,�

Peer Review Tearn
FICPA Peer Review Committee paul@ficpa.org
800-342-3197 ext. 251

Florida Institute of CPAs

cc: Daniel Hevia, Racquel McIntosh
Firm Number: 900004390114	Review Number: 571202

'J&\IObrol.UIDCh! Way, Suite 2101laM�h;nsee. fL 323111800.342.311!7 1n flonda i 850'224 2127 I Fa1: 8fi0 21211190 I v.WN.flCpJ org

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT
CITY OF DORAL, FLORIDA FINANCIAL REPORT
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2020

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT CITY OF DORAL, FLORIDA

TABLE OF CONTENTS

	  Page		
INDEPENDENT AUDITOR’S REPORT	1-2	
MANAGEMENT’S DISCUSSION AND ANALYSIS	3-6	
BASIC FINANCIAL STATEMENTS		
Government-Wide Financial Statements:		
Statement of Net Position	7	
Statement of Activities	8	
Fund Financial Statements:		
Balance Sheet – Governmental Funds	9	
Reconciliation of the Balance Sheet – Governmental Funds		
to the Statement of Net Position	10	
Statement of Revenues, Expenditures and Changes in Fund Balances –
Governmental Funds	
11	
Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balances of Governmental Funds to the Statement of Activities	
12	
Notes to the Financial Statements	13-21	
REQUIRED SUPPLEMENTARY INFORMATION		
Schedule of Revenues, Expenditures and Changes in Fund Balances –
Budget and Actual – General Fund	
22	
Notes to Required Supplementary Information	23	
INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS	

24-25	
INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10)
OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	

26	
MANAGEMENT LETTER REQUIRED BY CHAPTER 10.550 OF THE RULES OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA	
27-28	

INDEPENDENT AUDITOR’S REPORT
To the Board of Supervisors
Islands at Doral III Community Development District City of Doral, Florida

Report on the Financial Statements

951 Yamato Road ▪ Suite 280
Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

We have audited the accompanying financial statements of the governmental activities and each major fund of Islands at Doral III Community Development District, City of Doral, Florida (“District”) as of and for the fiscal year ended September 30, 2020, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements as listed in the table of contents.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities and each major fund of the District as of September 30, 2020, and the respective changes in financial position thereof for the fiscal year then ended in accordance with accounting principles generally accepted in the United States of America.

Other Matters

Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis and budgetary comparison information be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated March 29, 2021, on our consideration of the District’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the District’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the District’s internal control over financial reporting and compliance.

March 29, 2021

MANAGEMENT’S DISCUSSION AND ANALYSIS
Our discussion and analysis of Islands at Doral III Community Development District, City of Doral, Florida (“District”) provides a narrative overview of the District’s financial activities for the fiscal year ended September 30, 2020. Please read it in conjunction with the District’s Independent Auditor’s Report, basic financial statements, accompanying notes and supplementary information to the basic financial statements.
FINANCIAL HIGHLIGHTS

The liabilities of the District exceeded its assets plus deferred outflows of resources at the close of the most recent fiscal year resulting in a net position deficit balance of ($7,092,870).
The change in the District’s total net position in comparison with the prior fiscal year was $645,730, an increase. The key components of the District’s net position and change in net position are reflected in the table in the government-wide financial analysis section.
At September 30, 2020, the District’s governmental funds reported combined ending fund balances of
$2,750,228, an increase of $184,264 in comparison with the prior fiscal year. A portion of fund balance is non-spendable for prepaid items, restricted for debt service, assigned for capital reserves, and the remainder is unassigned fund balance which is available for spending at the District’s discretion.
OVERVIEW OF FINANCIAL STATEMENTS
This discussion and analysis are intended to serve as the introduction to the District’s basic financial statements. The District’s basic financial statements are comprised of three components: 1) government- wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves.
Government-Wide Financial Statements
The government-wide financial statements are designed to provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector business.
The statement of net position presents information on all the District’s assets, deferred outflows of resources, liabilities, and deferred inflows of resources with the residual amount being reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the District is improving or deteriorating.
The statement of activities presents information showing how the government’s net position changed during the most recent fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported in this statement for some items that will only result in cash flows in future fiscal periods.
The government-wide financial statements include all governmental activities that are principally supported by special assessment revenues. The District does not have any business-type activities. The governmental activities of the District include the general government (management) and maintenance functions.
Fund Financial Statements
A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The District, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. The District has one fund category: governmental funds.

OVERVIEW OF FINANCIAL STATEMENTS (Continued)
Governmental Funds
Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government-wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a District’s near-term financing requirements.
Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the District’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities.
The District maintains two governmental funds for external reporting. Information is presented separately in the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances for the general fund and debt service fund, which are considered major funds.
The District adopts an annual appropriated budget for its general fund. A budgetary comparison schedule has been provided for the general fund to demonstrate compliance with the budget.
Notes to the Financial Statements
The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements.
GOVERNMENT-WIDE FINANCIAL ANALYSIS
As noted earlier, net position may serve over time as a useful indicator of an entity’s financial position. In the case of the District, liabilities exceeded assets plus deferred outflows of resources at the close of the most recent fiscal year.
Key components of the District’s net position are reflected in the following table:

NET POSITION
SEPTEMBER 30,	
	2020	2019	
Current and other assets	$	2,752,895	$	2,567,277	
Capital assets, net of depreciation	7,092,043	7,426,563	
Total assets	9,844,938	9,993,840	
Deferred outflows of resources	131,376	140,437	
Current liabilities	283,184	291,877	
Long-term liabilities	16,786,000	17,581,000	
Total liabilities	17,069,184	17,872,877	
Net position			
Net investment in capital assets	(9,562,581)	(10,014,000)	
Restricted	1,552,180	1,486,402	
Unrestricted	917,531	788,998	
Total net position	$	(7,092,870) $	(7,738,600)	

GOVERNMENT-WIDE FINANCIAL ANALYSIS (Continued)
The District’s net position reflects its investment in capital assets (e.g. land, land improvements, and infrastructure); less any related debt used to acquire those assets that is still outstanding. These assets are used to provide services to residents; consequently, these assets are not available for future spending. Although the District’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate these liabilities.
The restricted portion of the District’s net position represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net position may be used to meet the District’s other obligations.
The District’s net position increased during the most recent fiscal year. The majority of the increase represents the extent to which ongoing program revenues exceeded the cost of operations and depreciation expense.
Key elements of the change in net position are reflected in the following table:

CHANGES IN NET POSITION
FOR THE FISCAL YEAR ENDED SEPTEMBER 30,
2020	2019

Revenues:
Program revenues
Charges for services	$	1,747,149	$	1,745,645	
Operating grants and contributions	21,264	51,190	
General revenues
Unrestricted investment earnings	
9,666	
18,301	
Miscellaneous	-	10,096	
Total revenues	1,778,079	1,825,232	
Expenses:
General government	
85,511	
88,955	
Maintenance and operations	350,470	352,445	
Interest on long-term debt	696,368	719,577	
Total expenses	1,132,349	1,160,977	
Change in net position	645,730	664,255	
Net position - beginning	(7,738,600)	(8,402,855)	
Net position - ending	$	(7,092,870) $	(7,738,600)

As noted above and in the statement of activities, the cost of all governmental activities during the fiscal year ended September 30, 2020 was $1,132,349. The majority of the costs of the District’s activities were paid by program revenues. Program revenues are comprised primarily of assessments. The remainder of the current fiscal year revenue is interest revenue and contributions from the HOAs to pay the street lighting utility charges. The decrease in program revenues over the prior year is primarily the result of an decrease in investment earnings. In total, expenses decreased over the prior year primarily as a result of a decrease in interest expense.
GENERAL BUDGETING HIGHLIGHTS
An operating budget was adopted and maintained by the governing board for the District pursuant to the requirements of Florida Statutes. The budget is adopted using the same basis of accounting that is used in preparation of the fund financial statements. The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2020

CAPITAL ASSETS AND DEBT ADMINISTRATION
Capital Assets
At September 30, 2020, the District had $10,135,884 invested in capital assets. In the government-wide financial statements depreciation of $3,043,841 has been taken, which resulted in a net book value of
$7,092,043. More detailed information about the District’s capital assets is presented in the notes of the financial statements.
Capital Debt
At September 30, 2020, the District had $16,786,000 in Bonds outstanding. More detailed information about the District’s capital debt is presented in the notes of the financial statements.
ECONOMIC FACTORS AND NEXT YEAR’S BUDGETS AND OTHER SUBSEQUENT EVENTS
The District does not anticipate any major projects or significant changes to its infrastructure maintenance program for the subsequent fiscal year. In addition, it is anticipated that the general operations of the District will remain fairly constant.
CONTACTING THE DISTRICT’S FINANCIAL MANAGEMENT
This financial report is designed to provide our citizens, land owners, customers, investors and creditors with a general overview of the District’s finances and to demonstrate the District’s accountability for the financial resources it manages and the stewardship of the facilities it maintains. If you have questions about this report or need additional financial information, contact the Islands at Doral III Community Development District’s Finance Department at 5385 N. Nob Hill Road, Sunrise, Florida, 33351.

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT CITY OF DORAL, FLORIDA
STATEMENT OF NET POSITION SEPTEMBER 30, 2020

	Governmental
	Activities		
ASSETS		
Cash	$	43,605	
Investments	869,066	
Assessments receivable	176	
Prepaid items	7,506	
Restricted assets:		
Investments	1,832,542	
Capital assets		
Nondepreciable	1,780,896	
Depreciable, net		5,311,147	
Total assets		9,844,938	

DEFERRED OUTFLOWS OF RESOURCES		
Deferred charge on refunding (debit)		131,376	
Total deferred outflows of resources		131,376	

LIABILITIES		
Accounts payable	2,667	
Accrued interest payable	280,517	
Non-current liabilities:		
Due within one year	821,000	
Due in more than one year		15,965,000	
Total liabilities		17,069,184	
NET POSITION		
Net investment in capital assets	(9,562,581)	
Restricted for debt service	1,552,180	
Unrestricted		917,531	
Total net position	 $	(7,092,870)	

See notes to the financial statements

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT CITY OF DORAL, FLORIDA
STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2020

Net (Expense) Revenue and Changes in Net
    Program Revenues	Position   
Operating
Charges for		Grants and	Governmental Functions/Programs		Expenses	Services	Contributions		Activities	 Primary government:
Governmental activities:
General government	$		85,511	$		85,511	$		-	$		- Maintenance and operations		350,470		129,482		5,335		(215,653)
Interest on long-term debt		696,368	1,532,156	15,929	851,717
Total governmental activities		1,132,349	1,747,149	21,264	636,064

General revenues:
Unrestricted investment earnings		9,666	
Total general revenues		9,666	
Change in net position		645,730	
Net position - beginning		(7,738,600)	
Net position - ending	 $	(7,092,870)	

See notes to the financial statements

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT CITY OF DORAL, FLORIDA
BALANCE SHEET GOVERNMENTAL FUNDS SEPTEMBER 30, 2020

	Major Funds		Total
Debt Service	Governmental
General	Fund	Funds
ASSETS							
Cash	$	43,605	$	-	$	43,605	
Investments		869,066	1,832,542		2,701,608	
Due from other funds		-		155		155	
Assessments receivable		176		-		176	
Prepaid items		7,506		-		7,506	
Total assets	$	920,353	$ 1,832,697	$	2,753,050

LIABILITIES AND FUND BALANCES
Liabilities:
Accounts payable	$	2,667	$	-	$	2,667	
Due to other funds	155	-	155	
Total liabilities	2,822	-	2,822	

Fund balances:
Nonspendable:
Prepaid items
Restricted for:	7,506	-	7,506	
Debt service	-	1,832,697	1,832,697	
Assigned to:				
Capital reserves	660,764	-	660,764	
Unassigned	249,261	-	249,261	
Total fund balances	917,531	1,832,697	2,750,228	

Total liabilities and fund balances	$	920,353	$ 1,832,697	$	2,753,050

See notes to the financial statements

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT CITY OF DORAL, FLORIDA
RECONCILIATION OF THE BALANCE SHEET - GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION
SEPTEMBER 30, 2020

Fund balance - governmental funds
Amounts reported for governmental activities in the statement of net position are different because:
Capital assets used in governmental activities are not financial resources and, therefore, are not reported as assets in the governmental funds. The statement of net position includes those capital assets, net of accumulated depreciation, in the assets of the government as a whole.

$	2,750,228

Cost of capital assets	10,135,884		
Accumulated depreciation	  (3,043,841) 	7,092,043	
Deferred charges on refunding of long-term debt are shown as deferred outflows of resources in the government-wide financial statements; however, this amount is expensed in the governmental fund financial statements.		

131,376	
All liabilities, both current and long-term, are reported in the government-wide financial statements.
Accrued interest payable	

(280,517)		
Bonds payable	(16,786,000)		(17,066,517)  Net position of governmental activities		$		(7,092,870) 

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT CITY OF DORAL, FLORIDA
STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES GOVERNMENTAL FUNDS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2020

	Major Funds		Total
Governmental
	General	Debt Service	Funds	
REVENUES
Assessments	
$	214,993	
$ 1,532,156	
$ 1,747,149	
HOA contributions	5,335	-	5,335	
Interest income	9,666	15,929	25,595	
Total revenues	229,994	1,548,085	1,778,079	

EXPENDITURES
Current:
General government	85,511	-	85,511	
Maintenance and operations	15,950	-	15,950	
Debt service:
Principal	
-	
795,000	
795,000	
Interest	-	697,354	697,354	
Total expenditures	101,461	1,492,354	1,593,815	

Excess (deficiency) of revenues over (under) expenditures	

128,533	

55,731	

184,264	
Fund balances - beginning	788,998	1,776,966	2,565,964	

Fund balances - ending	$	917,531	$ 1,832,697	$ 2,750,228 

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT CITY OF DORAL, FLORIDA
RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2020

Net change in fund balances - total governmental funds	$	184,264	
Amounts reported for governmental activities in the statement of activities are different because:		
Depreciation on capital assets is not recognized in the governmental fund financial statements, but is reported as an expense in the statement of activities.	

(334,520)	
Repayment of long-term liabilities are reported as expenditures in the governmental fund statement but such repayments reduce liabilities in the statement of net position and are eliminated in the statement of activities.	

795,000	
The change in accrued interest on long-term liabilities between the current and prior fiscal year is recorded in the statement of activities but not in the governmental fund financial statements.	

10,047	
Amortization of the deferred charge on refunding is not recognized in the governmental fund financial statements, but is reported as an expense in the statement of activities.	

(9,061)	
Change in net position of governmental activities	 $	645,730	

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT CITY OF DORAL, FLORIDA
NOTES TO FINANCIAL STATEMENTS

NOTE 1 – NATURE OF ORGANIZATION AND REPORTING ENTITY

Islands at Doral III Community Development District ("the District") was created on May 21, 2004 pursuant to Miami Dade County Board of County Commissioners Ordinance #04-88, under the "Uniform Community Development District Act of 1980", otherwise known as Chapter 190, Florida Statutes. On December 3, 2014, the County enacted Ordinance No. 13-107, which became effective on December 13, 2014, expanding the boundaries of the District by approximately 4.09 acres. The Act provides among other things, the power to manage basic services for community development, power to borrow money and issue Bonds, and to levy and assess non-ad valorem assessments for the financing and delivery of capital infrastructure.
The District was established for the purposes of financing and managing the acquisition, construction, maintenance and operation of a portion of the infrastructure necessary for community development within the District.
The District is governed by the Board of Supervisors ("Board"), which is composed of five members. The Supervisors are elected by registered voters, as provided by F. S. Chapter 190.006. The Board of Supervisors of the District exercise all powers granted to the District pursuant to Chapter 190, Florida Statutes.
The Board has the final responsibility for:
Assessing and levying assessments.
Approving budgets.
Exercising control over facilities and properties.
Controlling the use of funds generated by the District.
Approving the hiring and firing of key personnel.
Financing improvements.
The financial statements were prepared in accordance with Governmental Accounting Standards Board (“GASB”) Statements. Under the provisions of those standards, the financial reporting entity consists of the primary government, organizations for which the District is considered to be financially accountable and other organizations for which the nature and significance of their relationship with the District are such that, if excluded, the financial statements of the District would be considered incomplete or misleading. There are no entities considered to be component units of the District; therefore, the financial statements include only the operations of the District.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Government-Wide and Fund Financial Statements
The basic financial statements include both government-wide and fund financial statements.
The government-wide financial statements (i.e., the statement of net position and the statement of activities) report information on all of the non-fiduciary activities of the primary government. For the most part, the effect of interfund activity has been removed from these statements.
The statement of activities demonstrates the degree to which the direct expenses of a given function or segment is offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers who purchase, use or directly benefit from goods, services or privileges provided by a given function or segment. (Operating-type special assessments for maintenance and debt service are treated as charges for services.); and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. Other items not included among program revenues are reported instead as general revenues.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Measurement Focus, Basis of Accounting and Financial Statement Presentation
The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Assessments are recognized as revenues in the year for which they are levied. Grants and similar items are to be recognized as revenue as soon as all eligibility requirements imposed by the provider have been met.

Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the government considers revenues to be available if they are collected within 60 days of the end of the current fiscal period. Expenditures are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures are recorded only when payment is due.
Assessments
Assessments are non-ad valorem assessments on benefitted property within the District. Operating and Maintenance Assessments are based upon adopted budget and levied annually at a public hearing of the District. Debt Service Assessments are levied when Bonds are issued and assessed and collected on an annual basis. The District may collect assessments directly or utilize the uniform method of collection (Chapter 197.3632, Florida Statutes). Direct collected assessments are due as determined by annual assessment resolution adopted by the Board of Supervisors. Assessments collected under the uniform method are mailed by County Tax Collector on November 1 and due on or before March 31 of each year. Property owners may prepay a portion or all of the Debt Service Assessments on their property subject to various provisions in the Bond documents.
Assessments and interest associated with the current fiscal period are considered to be susceptible to accrual and so have been recognized as revenues of the current fiscal period. The portion of assessments receivable due within the current fiscal period is considered to be susceptible to accrual as revenue of the current period.

The District reports the following major governmental funds:

General Fund
The general fund is the general operating fund of the District. It is used to account for all financial resources except those required to be accounted for in another fund.
Debt Service Funds
The debt service funds are used to account for the accumulation of resources for the annual payment of principal and interest on debt.
As a general rule, the effect of inter-fund activity has been eliminated from the government-wide financial statements.
When both restricted and unrestricted resources are available for use, it is the government’s policy to use restricted resources first for qualifying expenditures, then unrestricted resources as they are needed.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Assets, Liabilities and Net Position or Equity
Restricted Assets
These assets represent cash and investments set aside pursuant to Bond covenants or other contractual restrictions.
Deposits and Investments
The District’s cash and cash equivalents are considered to be cash on hand and demand deposits (interest and non-interest bearing).
The District has elected to proceed under the Alternative Investment Guidelines as set forth in Section
218.415 (17) Florida Statutes. The District may invest any surplus public funds in the following:

The Local Government Surplus Trust Funds, or any intergovernmental investment pool authorized pursuant to the Florida Interlocal Cooperation Act;
Securities and Exchange Commission registered money market funds with the highest credit quality rating from a nationally recognized rating agency;
Interest bearing time deposits or savings accounts in qualified public depositories;
Direct obligations of the U.S. Treasury.
The State Board of Administration’s (“SBA”) Local Government Surplus Funds Trust Fund (“Florida PRIME”) is a“2a-7 like” pool. A “2a-7 like” pool is an external investment pool that is not registered with the Securities and Exchange Commission (“SEC”) as an investment company, but nevertheless has a policy that it will, and does, operate in a manner consistent with the SEC’s Rule 2a-7 of the Investment Company Act of 1940, which comprises the rules governing money market funds. Thus, the pool operates essentially as a money market fund. The District has reported its investment in Florida PRIME at amortized cost for financial reporting purposes.
Securities listed in paragraph c and d shall be invested to provide sufficient liquidity to pay obligations as they come due.
The District records all interest revenue related to investment activities in the respective funds. Investments are measured at amortized cost or reported at fair value as required by generally accepted accounting principles.
Prepaid Items
Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements.
Capital Assets
Capital assets which include property, plant and equipment, and infrastructure assets (e.g., roads, sidewalks and similar items) are reported in the government activities columns in the government-wide financial statements. Capital assets are defined by the government as assets with an initial, individual cost of more than $5,000 (amount not rounded) and an estimated useful life in excess of two years. Such assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at acquisition value at the date of donation.
The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend assets lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)
Capital Assets (Continued)
Property, plant and equipment of the District are depreciated using the straight-line method over the following estimated useful lives:

Assets
Infrastructure - Other	Years
20-25	
Roadways and roadway drainage Stormwater system	25
25	
In the governmental fund financial statements, amounts incurred for the acquisition of capital assets are reported as fund expenditures. Depreciation expense is not reported in the governmental fund financial statements.

Unearned Revenue
Governmental funds report unearned revenue in connection with resources that have been received, but not yet earned.

Long-Term Obligations
In the government-wide financial statements long-term debt and other long-term obligations are reported as liabilities in the statement of net position. Bond premiums and discounts are deferred and amortized over the life of the Bonds. Bonds payable are reported net of applicable premiums or discounts. Bond issuance costs are expensed when incurred.
In the fund financial statements, governmental fund types recognize premiums and discounts, as well as issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures.
Deferred Outflows/Inflows of Resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then.
In addition to liabilities, the statement of financial position will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.
Fund Equity/Net Position
In the fund financial statements, governmental funds report non spendable and restricted fund balance for amounts that are not available for appropriation or are legally restricted by outside parties for use for a specific purpose. Assignments of fund balance represent tentative management plans that are subject to change.

NOTE 2 – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Assets, Liabilities and Net Position or Equity (Continued)
Fund Equity/Net Position (Continued)
The District can establish limitations on the use of fund balance as follows:
Committed fund balance – Amounts that can be used only for the specific purposes determined by a formal action (resolution) of the Board of Supervisors. Commitments may be changed or lifted only by the Board of Supervisors taking the same formal action (resolution) that imposed the constraint originally. Resources accumulated pursuant to stabilization arrangements sometimes are reported in this category.
Assigned fund balance – Includes spendable fund balance amounts established by the Board of Supervisors that are intended to be used for specific purposes that are neither considered restricted nor committed. The Board may also assign fund balance as it does when appropriating fund balance to cover differences in estimated revenue and appropriations in the subsequent year’s appropriated budget. Assignments are generally temporary and normally the same formal action need not be taken to remove the assignment.
The District first uses committed fund balance, followed by assigned fund balance and then unassigned fund balance when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used.
Net position is the difference between assets and deferred outflows of resources less liabilities and deferred inflows of resources. Net position in the government-wide financial statements are categorized as net investment in capital assets, restricted or unrestricted. Net investment in capital assets represents net position related to infrastructure and property, plant and equipment. Restricted net position represents the assets restricted by the District’s Bond covenants or other contractual restrictions. Unrestricted net position consists of the net position not meeting the definition of either of the other two components.

Other Disclosures
Use of Estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the reporting period. Actual results could differ from those estimates.

NOTE 3 – BUDGETARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget. Annual Budgets are adopted on a basis consistent with generally accepted accounting principles for the general fund. All annual appropriations lapse at fiscal year-end.
The District follows these procedures in establishing the budgetary data reflected in the financial statements.
Each year the District Manager submits to the District Board a proposed operating budget for the fiscal year commencing the following October 1.
Public hearings are conducted to obtain comments.
Prior to October 1, the budget is legally adopted by the District Board.
All budget changes must be approved by the District Board.
The budgets are adopted on a basis consistent with generally accepted accounting principles.
Unused appropriation for annually budgeted funds lapse at the end of the year.

NOTE 4 – DEPOSITS AND INVESTMENTS

Deposits
The District’s cash balances were entirely covered by federal depository insurance or by a collateral pool pledged to the State Treasurer. Florida Statutes Chapter 280, "Florida Security for Public Deposits Act", requires all qualified depositories to deposit with the Treasurer or another banking institution eligible collateral equal to various percentages of the average daily balance for each month of all public deposits in excess of any applicable deposit insurance held. The percentage of eligible collateral (generally, U.S. Governmental and agency securities, state or local government debt, or corporate bonds) to public deposits is dependent upon the depository's financial history and its compliance with Chapter 280. In the event of a failure of a qualified public depository, the remaining public depositories would be responsible for covering any resulting losses.
Investments
The District’s investments were held as follows at September 30, 2020:

Investment in Local Government Surplus Funds

 Amortized Cost	Credit Risk	Maturities	
Weighted Average

Trust Fund (Florida PRIME)
First American Government Obligation Fund Class Z
Total Investments

$	869,066  S&P AAAm

	1,832,542  S&P AAAm
 $	2,701,608 

Maturity: 34 days
Weighted Average Maturity: 44 days

Credit risk – For investments, credit risk is generally the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. Investment ratings by investment type are included in the preceding summary of investments.
Concentration risk – The District places no limit on the amount the District may invest in any one issuer.
Interest rate risk – The District does not have a formal policy that limits investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates.
However, the Bond Indenture limits the type of investments held using unspent proceeds.
Fair Value Measurement – When applicable, the District measures and records its investments using fair value measurement guidelines established in accordance with GASB Statements. The framework for measuring fair value provides a fair value hierarchy that prioritizes the inputs to valuation techniques.
These guidelines recognize a three-tiered fair value hierarchy, in order of highest priority, as follows:
Level 1: Investments whose values are based on unadjusted quoted prices for identical investments in active markets that the District has the ability to access;
Level 2: Investments whose inputs - other than quoted market prices - are observable either directly or indirectly; and,
Level 3: Investments whose inputs are unobservable.
The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the entire fair value measurement. Valuation techniques used should maximize the use of observable inputs and minimize the use of unobservable inputs.
Money market investments that have a maturity at the time of purchase of one year or less and are held by governments other than external investment pools should be measured at amortized cost. For external investment pools that qualify to be measured at amortized cost, the pool’s participants should also measure their investments in that external investment pool at amortized cost for financial reporting purposes. Accordingly, the District’s investments have been reported at amortized cost above.

NOTE 4 – DEPOSITS AND INVESTMENTS (Continued)

Investments (Continued)
External Investment Pool – With regard to redemption gates, Chapter 218.409(8)(a), Florida Statutes, states that “The principal, and any part thereof, of each account constituting the trust fund is subject to payment at any time from the moneys in the trust fund. However, the Executive Director may, in good faith, on the occurrence of an event that has a material impact on liquidity or operations of the trust fund, for 48 hours limit contributions to or withdrawals from the trust fund to ensure that the Board can invest moneys entrusted to it in exercising its fiduciary responsibility. Such action must be immediately disclosed to all participants, the Trustees, the Joint Legislative Auditing Committee, the Investment Advisory Council, and the Participant Local Government Advisory Council. The Trustees shall convene an emergency meeting as soon as practicable from the time the Executive Director has instituted such measures and review the necessity of those measures. If the Trustees are unable to convene an emergency meeting before the expiration of the 48-hour moratorium on contributions and withdrawals, the moratorium may be extended by the Executive Director until the Trustees are able to meet to review the necessity for the moratorium. If the Trustees agree with such measures, the Trustees shall vote to continue the measures for up to an additional 15 days. The Trustees must convene and vote to continue any such measures before the expiration of the time limit set, but in no case may the time limit set by the Trustees exceed 15 days.”
With regard to liquidity fees, Florida Statute 218.409(4) provides authority for the SBA to impose penalties for early withdrawal, subject to disclosure in the enrollment materials of the amount and purpose of such fees. At present, no such disclosure has been made.
As of September 30, 2020, there were no redemption fees or maximum transaction amounts, or any other requirements that serve to limit a participant’s daily access to 100% of their account value.

NOTE 5 – CAPITAL ASSETS

Capital assets activity for the fiscal year ended September 30, 2020 was as follows:

Beginning
Balance	Additions	Reductions

Ending Balance

Governmental activities
Capital assets, not being depreciated									
Land and land improvements	$	1,780,896	$	-	$	-	$	1,780,896	
Total capital assets, not being depreciated		1,780,896		-		-	1,780,896	

Capital assets, being depreciated Infrastructure - other		

149,204		

-		

-	149,204	
Infrastructure - roadways and roadway drainage		8,092,984		-		-	8,092,984	
Infrastructure - stormwater system		112,800		-		-	112,800	
Total capital assets, being depreciated		8,354,988		-		-	8,354,988	

Less accumulated depreciation for: Infrastructure - other		

29,159		

6,289		

-	35,448	
Infrastructure - roadways and roadway drainage		2,656,006		323,719		-	2,979,725	
Infrastructure - stormwater system		24,156		4,512		-	28,668	
Total accumulated depreciation		2,709,321		334,520		-	3,043,841	

Total capital assets, being depreciated, net		
5,645,667	
(334,520)		
-	5,311,147	

Governmental activities capital assets, net	
$	7,426,563	
$	(334,520)	
$	-	$	7,092,043	

Depreciation expense was charged to the maintenance and operations function.

NOTE 6 – LONG TERM LIABILITIES

Series 2013
On April 26, 2013, the District issued $21,150,000 of Special Assessment Refunding Bonds, Series 2013. The Series 2013 Bonds consist of multiple term Bonds with maturity dates ranging from May 1, 2014 – May 1, 2035 and interest rates ranging from 1.125% - 4.125%. The Bonds were issued to refund the District’s outstanding Series 2004A Special Assessment Bonds and pay certain costs associated with the issuance of the Bonds. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially commencing May 1, 2014.
The Series 2013 Bonds are subject to redemption at the option of the District as set forth in the Bond Indenture. The Series 2013 Bonds are subject to extraordinary mandatory redemption prior to maturity as outlined in the Bond Indenture.
The Bond Indenture established a debt service reserve requirement and has certain other restrictions and requirements relating principally to the use of proceeds and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District is in compliance with the requirements of the Bond Indenture at September 30, 2020.
Series 2014
On February 28, 2014, the District issued $838,000 of Special Assessment Bonds Series 2014 consisting of
$172,000 Term Bonds due on May 1, 2025 with a fixed interest rate of 4.75%, $266,000 of Term Bonds due on May 1, 2035 with a fixed interest rate of 5.375%, and $400,000 Term Bonds due in May 1, 2044 with a fixed interest rate of 5.625%. The Bonds were issued to acquire certain infrastructure and improvements from the Developer and pay certain costs associated with the issuance of the Bonds. Interest is to be paid semiannually on each May 1 and November 1. Principal on the Bonds is to be paid serially, commencing May 1, 2015.
The Series 2014 Bonds are subject to redemption at the option of the District prior to maturity. The Series 2014 Bonds are subject to extraordinary mandatory redemption prior to maturity in the manner determined by the Bond Registrar if certain events occurred as outlined in the Bond Indenture.
The Bond Indenture established a debt service reserve requirement as well as other restrictions and requirements relating principally to the use of proceeds to pay for the infrastructure improvements and the procedures to be followed by the District on assessments to property owners. The District agrees to levy special assessments in annual amounts adequate to provide payment of debt service and to meet the reserve requirements. The District was in compliance with the requirements at September 30, 2020.
Long-term Debt Activity
Changes in long-term liability activity for the fiscal year ended September 30, 2020 were as follows:

	Beginning
Balance	
Additions	
Reductions	
Ending Balance	Due Within
One Year	
Governmental activities Bonds payable:
Series 2013	

$	16,810,000	

$	-	

$ 780,000	

$	16,030,000	

$	805,000	
Series 2014	771,000	-	15,000	756,000	16,000	
Total	$	17,581,000	$	-	$ 795,000	$	16,786,000	$	821,000	

NOTE 6 – LONG TERM LIABILITIES (Continued)

Long-term Debt Activity (Continued)
At September 30, 2020, the scheduled debt service requirements on the long-term debt were as follows:

Year ending		Governmental Activities	
  September 30:	Principal	Interest	Total	
2021	$	821,000	$	673,241	$	1,494,241	
2022	852,000	646,319	1,498,319	
2023	883,000	617,330	1,500,330	
2024	914,000	586,200	1,500,200	
2025	945,000	552,854	1,497,854	
2026-2030	5,361,000	2,169,138	7,530,138	
2031-2035	6,610,000	958,835	7,568,835	
2036-2040	197,000	91,631	288,631	
2041-2044		203,000	29,306	232,306
Total	$  16,786,000	$	6,324,854  $	23,110,854 

NOTE 7 – HOA TRANSACTIONS
In the prior year, the District installed certain streetlights that currently benefit only the HOAs that operate within the District. Therefore, the HOAs have agreed to reimburse the District the monthly street lighting charges.

NOTE 8 – DEVELOPER TRANSACTIONS

The Developer owns a portion of land within the District; therefore, assessment revenues in the general and debt service funds include the assessments levied on those lots owned by the Developer.

NOTE 9 – CONCENTRATION
The District’s activity is dependent upon the continued involvement of the Developer, the loss of which could have a material adverse effect on the District’s operations.

NOTE 10 – MANAGEMENT AGREEMENTS
The District has contracted with a management company to perform management advisory services, which include financial and accounting services. Certain employees of the management company also serve as officers of the District. Under the agreement, the District compensates the management company for management, accounting, financial reporting, computer and other administrative costs.

The District entered into a Maintenance Agreement with Islands at Doral Master Association, Inc. (“Association”) whereby the Association shall provide, and be solely responsible for all costs and liabilities that are associated with or arise out of, the maintenance services and materials of the certain improvements as outlined in the terms of the agreement. The services shall include: landscaping and related maintenance of the lakes, parks and open spaces, easements, streetscapes and roads rights-of-way of the District or which the District is responsible for maintaining.

NOTE 11 – RISK MANAGEMENT
The District is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; and natural disasters. The District has obtained commercial insurance from independent third parties to mitigate the costs of these risks; coverage may not extend to all situations. There were no settled claims during the past three years.

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT CITY OF DORAL, FLORIDA
SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCE - BUDGET AND ACTUAL – GENERAL FUND FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2020

	
Budgeted
	Amounts	 Original & Final	

Actual Amounts	Variance with Final Budget - Positive
(Negative)	
REVENUES				
Assessments	$	212,656	$	214,993	$	2,337	
HOA contributions	14,250	5,335	(8,915)	
Interest income	500	9,666	9,166	
Total revenues	227,406	229,994	2,588	

EXPENDITURES				
Current:				
General government	114,851	85,511	29,340	
Maintenance and operations	112,555	15,950	96,605	
Total expenditures	227,406	101,461	125,945	

Excess (deficiency) of revenues over (under) expenditures	

 $	-		

128,533	

 $	128,533	
Fund balances - beginning			788,998 		
Fund balances - ending		 $	917,531 		

See notes to required supplementary information

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT CITY OF DORAL, FLORIDA
NOTES TO REQUIRED SUPPLEMENTARY INFORMATION

The District is required to establish a budgetary system and an approved Annual Budget for the general fund. The District’s budgeting process is based on estimates of cash receipts and cash expenditures which are approved by the Board. The budget approximates a basis consistent with accounting principles generally accepted in the United States of America (generally accepted accounting principles).
The legal level of budgetary control, the level at which expenditures may not exceed budget, is in the aggregate. Any budget amendments that increase the aggregate budgeted appropriations must be approved by the Board of Supervisors. Actual general fund expenditures did not exceed appropriations for the fiscal year ended September 30, 2020.

951 Yamato Road ▪ Suite 280
Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR’S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

To the Board of Supervisors
Islands at Doral III Community Development District City of Doral, Florida
We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities and each major fund of Islands at Doral III Community Development District, City of Doral, Florida (“District”) as of and for the fiscal year ended September 30, 2020, and the related notes to the financial statements, which collectively comprise the District’s basic financial statements, and have issued our opinion thereon dated March 29, 2021.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the District’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the District’s internal control. Accordingly, we do not express an opinion on the effectiveness of the District’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance.

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the District’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards.

Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

March 29, 2021

951 Yamato Road ▪ Suite 280
Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

INDEPENDENT AUDITOR’S REPORT ON COMPLIANCE WITH THE REQUIREMENTS OF SECTION 218.415, FLORIDA STATUTES, REQUIRED BY RULE 10.556(10) OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA

To the Board of Supervisors
Islands at Doral III Community Development District City of Doral, Florida

We have examined Islands at Doral III Community Development District, City of Doral, Florida’s (“District”) compliance with the requirements of Section 218.415, Florida Statutes, in accordance with Rule 10.556(10) of the Auditor General of the State of Florida during the fiscal year ended September 30, 2020. Management is responsible for District’s compliance with those requirements. Our responsibility is to express an opinion on District’s compliance based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether the District complied, in all material respects, with the specified requirements referenced in Section 218.415, Florida Statutes. An examination involves performing procedures to obtain evidence about whether the District complied with the specified requirements. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material noncompliance, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the District’s compliance with specified requirements.
In our opinion, the District complied, in all material respects, with the aforementioned requirements for the fiscal year ended September 30, 2020.
This report is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, management, and the Board of Supervisors of Islands at Doral III Community Development District, City of Doral, Florida and is not intended to be and should not be used by anyone other than these specified parties.

March 29, 2021

951 Yamato Road ▪ Suite 280
Boca Raton, Florida 33431
(561) 994-9299 ▪ (800) 299-4728
Fax (561) 994-5823
www.graucpa.com

MANAGEMENT LETTER PURSUANT TO THE RULES OF THE AUDITOR GENERAL FOR THE STATE OF FLORIDA

To the Board of Supervisors
Islands at Doral III Community Development District City of Doral, Florida

Report on the Financial Statements
We have audited the accompanying basic financial statements of Islands at Doral III Community Development District, City of Doral, Florida ("District") as of and for the fiscal year ended September 30, 2020, and have issued our report thereon dated March 29, 2021.
Auditor’s Responsibility
We conducted our audit in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Florida Auditor General.

Other Reporting Requirements
We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards; and Independent Auditor’s Report on an examination conducted in accordance with AICPA Professional Standards, AT-C Section 315, regarding compliance requirements in accordance with Chapter 10.550, Rules of the Auditor General. Disclosures in those reports, which are dated March 29, 2021, should be considered in conjunction with this management letter.
Purpose of this Letter
The purpose of this letter is to comment on those matters required by Chapter 10.550 of the Rules of the Auditor General for the State of Florida. Accordingly, in connection with our audit of the financial statements of the District, as described in the first paragraph, we report the following:
Current year findings and recommendations.
Status of prior year findings and recommendations.
Compliance with the Provisions of the Auditor General of the State of Florida.
Our management letter is intended solely for the information and use of the Legislative Auditing Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor General, Federal and other granting agencies, as applicable, management, and the Board of Supervisors of Islands at Doral III Community Development District, City of Doral, Florida and is not intended to be and should not be used by anyone other than these specified parties.
We wish to thank Islands at Doral III Community Development District, City of Doral, Florida and the personnel associated with it, for the opportunity to be of service to them in this endeavor as well as future engagements, and the courtesies extended to us.

March 29, 2021

REPORT TO MANAGEMENT

CURRENT YEAR FINDINGS AND RECOMMENDATIONS
None

PRIOR YEAR FINDINGS AND RECOMMENDATIONS
None

COMPLIANCE WITH THE PROVISIONS OF THE AUDITOR GENERAL OF THE STATE OF FLORIDA
Unless otherwise required to be reported in the auditor’s report on compliance and internal controls, the management letter shall include, but not be limited to the following:

A statement as to whether or not corrective actions have been taken to address findings and recommendations made in the preceding annual financial audit report.

There were no significant findings and recommendations made in the preceding annual financial audit report for the fiscal year ended September 30, 2019.
Any recommendations to improve the local governmental entity's financial management.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported for the fiscal year ended September 30, 2020.
Noncompliance with provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred, that have an effect on the financial statements that is less than material but which warrants the attention of those charged with governance.

There were no such matters discovered by, or that came to the attention of, the auditor, to be reported, for the fiscal year ended September 30, 2020.

The name or official title and legal authority of the District are disclosed in the notes to the financial statements.
The District has not met one or more of the financial emergency conditions described in Section 218.503(1), Florida Statutes.
We applied financial condition assessment procedures and no deteriorating financial conditions were noted as of September 30, 2020. It is management’s responsibility to monitor financial condition, and our financial condition assessment was based in part on representations made by management and the review of financial information provided by same.

ISLANDS AT DORAL Ill COMMUNITY IMPROVEMENT DISTRICT
Audit Proposals - Fiscal Years 2021, 2022, 2023 2024 and 2025

Understanding

Ability to

Ranking Scale	Ability of

Proposer's

Scope

Furnish the

Price	TOTAL

Personnel

Ex erience

of Work	Re uire Services

!Maximum Points

20	20	20	20

20	100

	FEE	

Berger, Toombs, Elam, Gaines & Frank		$3,635							
Fort Pierce		$3,725							
		$3,725							
		$3,825							
	$18,735	$3,825							
		$3,300							
Grau & Associates		$3,400							
Boca Raton		$3,500							
		$3,600							
	$17,500	$3,700							
HLB Gravier		$5,000							
Coral Gables		$5,500							
		$6,000							
		$6,500							
	$30,000	$7,000							

Auditor Selection Evaluation Criteria:

Ability of Personnel	20 Points
E.g. geographic locations of fiim's headquarters or peimanent office in relation to the project; capabilities and experience of key personnel; present ability to manage this project; evaluation of existing work load; proposed staffing levels, etc.

Proposer's Experience	20 Points
E.g. past record and experience of the Proposer in similar projects; volume of work previously perfoimed by the fiim; past perfoimance for other Community Development Districts in other contracts; character, integrity, reputation of respondent, etc.

Understanding of Scope of Work	20 Points
Extent to which the proposal demonstrates an understanding of the Districts needs for the services requested.

Ability to Furnish the Required Services	20 Points
Extent lo which the proposal demonstrates the adequacy of Propose�s financial resources and stability as a business entity necessary lo complete the services required. E.g. the existence of any natural disaster plan for business operations.

Price	20 Points
Points will be awarded based upon the price bid for the rendering of the services and reasonableness of the price to the services.

ISLANDS AT DORAL Ill COMMUNITY DEVELOPMENT DISTRICT
PROPOSAL FOR AUDIT SERVICES

PROPOSED BY:

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t -  ...

TABLE_OF CONTENTS

DESCRIPTION OF SECTION	PAGE

Letter of Transmittal·
Profile of the Proposer
Description and History of Audit Firm Professional Staff Resources
Ability to Furnish the Required Services Arbitrage RebateServic·es
Governmental Auditing Experience
Fee Schedule
Scope of VVork to be Performed

1-2

3
4-S

5
6
7-16
17
17

-<8:

rrr:.rr�.

Berger, Toombs, Elam, Gaines & Frank
Certified Public Aceoun�_,r,ts	rL
600 Citrus Avenue
Suite -200
Fort Pierce, Florida 34950
772/461-6120 I/ 461-1155 FAX; 772/468-9278

March 24, 2021

Islands at Doral Ill Community Development District Governmental Management Services
5385 N Nob Hill Road Sunrise, FL 333S1
Dear District Manager:

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has assembled a

Thank you very much fqr the opportunity to present our professional credentials to provide audit services for Islands at Doral Ill Community Development District.

C""t:j:� Berger, Toombs, Elam,
C.o-,, Gaines & Frank
e._n.,1-J ....bfloc�••·•••Ol.o. P\.

Islands at Doral 111 Community Development District March 24, 2021
Our firm is a member of the Government Audit Quality Center, an organization dedicated to improving government auditquality. We also utili.ze the audit program software of a nationally recognized CPA firm to assure us that we are up to date with all auditing standards and to assist us maintain maximum audit efficiencies.
To facilitate your evaluation of our qualifications and experience, we have arranged this proposal to include a resume of our firm, including our available staff, our extensive prior governmental and nonprofit auditing experience and clients to be contacted.

Gaines is the person authorized to make representations for the firm.

You need a firrn that will provide an efficient, cost-effective, high-quality audit within critical time constraints. You need a firm with the prerequisite governmental and nonprofit experience to perform your audit according to stringent legal and regulatory requirements, a firm that understands the complex nature of community development districts and their unique compliance requirements. You need a firm with recognized governmental ahd nonprofit specialists within the finance and governmental communities. And, certainly, you need a firm that will provide you with valuable feedback to enhance your current and future operations. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is that firm. J. W.

PROFILE OF THE PROPOSER
Description and History of Audit Firm
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is a Treasure Coast public accounting firm, which qualifies as a small business firm, as established by the Small Business Adminfstration (13 CFR 121.38), with offices in Fort Pierce and Stuart. We are a member of the Florida Institute of Certified Public Accountants and the American Institute of Certified Public Accountants. The firm was formed from the merger of Edwards, Berger, Harris & Company (originated in 1972) and McAlpin, Curtis & Associates (originated in 1949). J. \N. Gaines and Associates (originated in 1979) merged with the firm in 2004. Our tremendous growth rate experienced over the last 71 years is directly attributable to the firm's unrelenting dedication to providing the highest quality, responsive professional services attainable to its clients.
We are a member of the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA) to assure we meet the highest standards. Membership in this practice section requires that our firm meet more stringent standards than standard AICPA membership. These rigorous requirements include the requirement of a triennial peer review of our firm's auditing and accounting practice and annual Continuing Professional Education (CPE) for all accounting staff (whether CPA or non-CPA). For standard AICPA membership, only a quality review is required and only CPAs must meet CPE requirements.
We are also a member of the Government Audit Quality Center ("the Center") of the American Institute of Certified Public Accountants to assure the quality of our government audits.

Professional Staff Resources
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants. PL has a total of
32 professional and administrative staff (including 14 professional staff with extensive experience servicing government entities). The work will be performed out of our Fort Pierce office vvith a proposed staff of one senior accountant and one or tvvo staff accountants supervised by an audit manager and audit partner. With the exception of the directors of the firm's offices, the professional staff is not specifically assigned to any of our individual offices. The professional and administrative staff resources available to you through Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL are as follows:

Partners/Directors (CPA's) Principals (CPA) Managers (CPA)
Senior/Supervisor Accountants (2 CPA's) Staff Accountants (1 CPA)
Computer Specialist Paraprofessional Administrative
Total - all personnel

Total
5
1
1
3
g
1
8
4
32

Following is a brief description of each employee classification:

Professional Staff Resources (Continued)
Independence - Independence of the public accouhting firm, vvith respect to the audit client, is the foundation from which the public gains fts trust in the opinion issued by the public accounting firm at the end of the audit process. This independence must be in appearance as vvell as in fact. The public must perce.ive that the accounting firm is independent of the audit entity to ensure that nothing would compromise the opinion issued by the public accounting firm. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is independent of Islands at Doral Ill Community Development District, including its elected officials and related parties, at the date of this proposal, as defined by the following rules,regulations, and standards:
AuSection 220 - Statements on Auditing Standards issued by the American Institute of Certified Public Accountants;
ET Sections 101 and 102 - Code of Professional Conduct of the American Institute of Certified Public .Accountants:
Chapter 21A-1, Florida Administrative Code; Section 473.315, Florida Statutes; and,
Government Auditing Standards, issued by the Comptroller General of the United States.

ADDITIONAL SERVICES PROVIDED

Arbitrage Rebate Services

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL also provides arbitrage rebate compliance and related services to governmental issuers. The Tax Reform Act of 1986 requires issuers of most tax-exempt obligations to pay (i.e., "rebate") to the United States government any arbitrage profits. Arbitrage profits are earnings on the ir,vestment of bond proceeds and certain other monies in excess of what would have been earned had such monies been invested at a yield equal to the yield on the bonds.
Federal tax law requires that interim rebate calculations and payments are due at the end of every fifth bond year. Final payment is required upon redemption of the bonds. More frequent calculations may be deemed advisable by an issuer's auditor, trustee or bond counsel or to assure that accurate and current records are available. These more frequent requirements are usually contained in the Arbitrage or Rebate Certificate with respect to the bonds.
Our firm performs a comprehensive rebate analysis and includes the following:

Verifying that the issue is subject to rebate;
Calculating the bond yield;
Identifying, and separately accounting for, all "Gross Proceeds" (as that term is defined in the Code) of the bond issue, Including those requiring analysis due to "transferred proceeds" and/or "commingled funds" circumstances;

GOVERNMENTAL AUDITING EXPERIENCE

Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has been practicing public accounting in Florida for 69 years. Our success over the years has been the result of a strong commitment to providing personalized quality service to our clients.
The current members -of our firm have performed audits of over 900 community development dfstricts, and over 1,800 audits of municipalities, counties and other governmental entities such as the City of Fort Pierce and St. Lucie County.
Our firm provides a variety of accounting, auditing, tax litigation support, and consulting services. Some of the professional accounting, auditing and management consulting services that are provided by our firm are listed below:

Performance of annual financial and compliance audits, including Single Audits of state and federal financial assistance programs, under the provisions of the Single Audit Act, Subpart F of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). with minimal disruptions to your operations;
Performance of special compliance audits to ascertain compliance with the applicable local, state and federal laws and regulations;
Issuance of comfort letters and consent letters in conjunction with the issuance of tax­ exempt debt obligations, including compiling financial data and interim period financial statement reviews;

GOVERNMENTAL AUDITING EXPERIENCE (CONTINUED)

The audit team has extensive experience in performing governmental audits and is exposed to inten_sive and continuing concentration on these types of audits. Due to the total number of governmental audits our team performs, each member of our governmental staff must understand and be able to perform several types of governmental audits. It is our objective to provide each professional employee fifty hours or more of comprehensive continuing professional education each year. This is accomplished through attending seminars throughout Florida and is reinforced through in-house training.
Our firm has made a steadfast commitment to professional education. Our active attendance and participation in continuing professional education is a major part of our objective to obtain the most recent knowledge on issues which are of importance to our clients. We are growing on the reputation for work that our firm is providing today.

Quality Control Program

Quality control requires continuing commitment to professional excellence. Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is formally dedicated to that commitment.
To ensure maintaining the standards of working excellence required by our firm, we joined the Private Companies Practice Section (PCPS) of the American Institute of Certified Public Accountants (AICPA). To be a participating member firm of this practice section, a firm must

GOVERNMENTAL AUDITING EXPERIENCE (CONTINUED)

Our firm is also a member of Governmental Audit Quality Center (GAQC), a voluntary membership center for CPA firms that perform governmental audits. This center promotes the quality ofgovernmental audits.
Our firm has completed successive Peer Reviews. These reviews included a representative sample of our firm's local governmental auditing engagements. As a result of these reviews, our firm obtained an unqualified opinion on our quality control program and work procedures. On page 31 rs a copy of our most recent Peer Review report. It should be noted that we r�ceived a pass rating.
Our firm has never had any disciplinary actions by state regulatory bodies or professional organizati_ons.

As 9ur firm performs approximately one hundred fifty audits each year that are reviewed by federal, state or local entities, we are constantly dealing with questions from these entities about our audits. VVeare pleased to say that any questions that have been raised were minor issues and were easily resolved without re-issuing any reports.
Certificate of Achievement for Excellence in Financial Reporting (CAFR)
\Ne are proud· and honored to have been involved with the City of Fort Pierce and the Fort Pierce Utilities Authority when they received their first Certificates of Achievement for

GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
References

Terracina Community Develppment District
Jeff VValker, Special District Services
(561) 630-4922
The Reserve Community Development District Darrin Mossing, Governmental Management
Services LLC
(407) 841-5524

Gateway Community Development District
Stephen Bloom, Severn Trent Management (954) 753-5841

Port of the Islands Community Development District
Cal Teague, Premier District Management
(239) 690-7100 ext 1O1

In addition to the above, we have the following additional governmental audit experience; Community Development Districts

Aberdeen Community Development District

Alta Lakes Community Development

Beacon Lakes Community Development District

Beaumont Community Development

GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)

Cheval West Community Development District
Coconut Cay Community Development District

Colonial Country Club Community Development District

Conn�rton West Community Development District

Copperstone Community Development District

Creekside @ Twin Creeks Community Development District

District

Deer Run Community Development

Evergreen Community Development District

Forest Brooke Community Development District

Gateway Services Community Development District

Gramercy Farms Community Development District

Greenway Improvement District

Greyhawk Landing Community Development District

District

Griffin Lakes Community Development

GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)

Heritage Harbor Community Development District

Heritage Isles Community Development District

Heritage La.ke Park Community Development District'

Heritage Landing Comm·unity Development District
Heritage Palms Community Development District
Heron Isles Community Development District

Heron Isles Community Development District

Madeira Community Development District

Marhsall Creek Community Development District

Meadow Pointe IV Community Development District

Meadow View at Twin Creek Community Development District

Mediterra North Community Development District

Midtown Miami Community Development District

Mira Lago West Community Development District

GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)

Poinciana Community Development District

Poinciana West Community Development District

Port of the Islands Community Development District

Portofino Isles Community Development District

Quarry Community Development District

Renaissance Commons Community Development District

Reserve Community Development District

Sampson Creek Community Development District

San Simeon Community Development District

Six Mile Creek Community Development District

South Village Community Development District

Southern Hills Plantation Community Development District

Southern Hills Plantation 111 Community Development District

South Fork Community Development District

GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)

Triple Creek Community Development District

TSR Community Development District

Turnbull Creek Community Development District

Twin Creeks North Community Development District

Urban Orlando Community Development District

Verano #2 Community Development District

Viera East Community Dev.elopment District

Vizcaya in Kendall Development District

Waterset North Community Development District

Westside Community Development District

WildBlue Community Development District

Willow Creek Community Development District

Wlllow Hammock Community Development District

Winston Trails Community Development District

GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Other Governmental Organizations

City of Westlake

Flor,ida Inland Navigation District
Fort Pierce Farms Water Control District
Indian River Regional Crime Laboratory, District 19, Florida
Viera Stewardship District

Office of the Medical Examiner, District 19
Rupert J. Smith Law Library of St. Lucie County
St. Lucie Education Foundation Seminole Improvement District
Troup Indiantown Water Control District

Current or Recent Single Audits.

S.t. Lucie County, Florida Early Learning Coalition, Inc.
Treasure Coast Food Bank, Inc.

Gateway Services Community Development District

Members of our audit team have acquired extensive experience from performing or participating

GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Special Districts

Bannon Lakes Community Development District Boggy Creek Community Development District Capron Trail Community Development District Celebration Pointe Community Development District Coquina VVater Control District
Diamond Hill Community Development District Dovera Community Development District
Durbin Crossing Community Development District
Golden Lakes Community Development District Lakewood Ranch Community Development District Martin Soil and VVater Conservation District Meadow Pointe 111 Community Development District Myrtle Creek Community Development District
St. Lucie County - Fort Pierce Fire District
The Crossings at Fleming Island St. Lucie VVest Services District
Indian River County Mosquito Control District St. John's VVater Control District
VVestchase and VVestchase East Community Development Districts Pier Park Community Development District

FEE SCHEDULE

We propose the fee for our audit services described belovv to be $3,635 for the years ended September 30, 2021 and 2022, $3,725 for the year ended September 30, 2023, and $3,825 for the years ended September 30, 2024 and2025. The fee is contingent upon the financial records and accounting systems of Islands at Doral Ill Community Development District being "audit ready" and the financial activity for the District is not materially increased. If we discover that additional preparation work or subsidiary schedules are needed, we will consult with your authorized representative. W"ecan assist with this additional work at our standard rates should you desire.

SCOPE OF WORK TO BE PERFORMED

If selected as the District's auditors, we will perform a financial and compliance audit in accordance with Section 11.45, Florida Statutes, in order to express an opinion on an annual basis on the financial statements of Avalon Park West Community Development District as of September 30, 2021, 2022, 2023, 2024, and 2025. The audits will be performed to the extent necessary to express an opinion on the fairness in all material respects with which the financial statements present the financial position, results of operations and changes in financial position in conformity with generally accepted accounting principles and to determine whether, for selected transactions, operations are properly conducted in accordance with legal and regulatory requirements. Reportable conditions that are also material weaknesses shall be identified as such in the Auditors' Report on Internal Control over Financial Reporting and on Compliance and Other Matters. Other (non-reportable) conditions discovered during the course

Cornrnitrnent to Quality Service

Personnel Qualifications and Experience

J. W. Gaines, CPA, CITP
Director � 41 years
Education
Stetson University, B.B.A. - Accounting
Registrations
+  Certified Public Accountant - State of Florida, State Board of Accountancy
Certified Information Technology Professional (CITP) - American Institute of Certified Public
Accountants
Professional Affiliations/Community Service
Member of the American and Florida Institutes of Certified Public Accountants
Affiliate member Government Finance Officers Association
Past President, Vice President-Campaign Chairman. Vice President and Board Member of United VVay of St. Lucie County, 1989 - 1994
Past President, President Elect, Secretary and Treasurer of the Treasure Coast Chapter of

Past President of Ft. Pierce Kiwanis Club, 1994 - 95, Member/Board Member since 19.82

the Florida Institute of Certified Public Accountants, 1988 - 1991

Commitment to Quality Service

Personnel Qualifications and Experience

J. 'W.Gaines, CPA, CITP (Continued)
Director
Continuing Professional Education
Has participated in numerous continuing professional education courses provided by nationally recognized sponsors over the last two years to keep abreast of the latest developments in accounting and auditing such as:
Governmental Accounting Report and Audit Update
Analytical Procedures, FICPA
Annual Update for Accountants and Auditors Single Audit Sampling and Other Considerations

Comrnitrnent to Quality Service

Personnel Qualificatio·ns and Experience

David S. McGuire, CPA, CITP Accounting and Audit Principal - 18 years Accounting and Audit Manager - 4 years Staff Accountant	- 11 years
Education
University of Central Florida, B.A. - Accounting
Barry University - Master of Professional Accountancy
Registratlons
Certified Public Accountant - State of Florida, State Board of Accountancy
Certified Information Technology Professional {CITP) - American Institute of Certified Public Accountants
Certified Not-For-Profit Core Co_ncepts 201 a
Professional Affiliations/Community Service
Member of the American and Florida Institutes of Certi-fied Public Accountants
Associate Member, Florida Government Finance Office Associates
Assistant Coach - St. Lucie County Youth Football Organization (1994 - 2005)

Cornrnitrnent to Quality Service

Personn�_!_gualif_i�a!!ons and  Experience

David S. McGuire, CPA, CITP (Continued)
Accounting and Audit Principal

Continuing Professional Education
Mr. McGuire has attended numerous continuing professional education courses and seminars taught by nationally recoghized sponsors in the accounting auditing and single audit compliance areas. He has attended courses over the last t\NO years in those areas as follows:
Not-for-Profit Auditing Financial Results and Compliance Requirements
Update: Government Accounting Reporting and Auditing Annual Update for Accountants and Auditors

Cornrnitrnent to Quality Service

Personnel Qualifications and Experience

David F. Haughton, CPA
Accounting and Audit Manager - 30 years
Education
Stetson University, B.B.A. - Accounting
Registrations
Cer:tified Public Accountant - State of Florida, State Board of Accountancy
Professional Affiliations/Community Service
Member of the American and Florida Institutes of Certified Public Accountants
Former Member of Florida Institute of Certified Public Accountants Committee on State and Local Government
Affiliate Member Government Finance Officers Association (GFOA) for over 1Oyears
Affiliate Member Florida Government Finance Officers Association (FGFOA) for over 10
years
+  Technical Review - 1997 FICPA Course on State and Local Governments in Florida

2001

Board of Directors - Kiwanis of Ft. Pierce, Treasurer - 1994-1999; Vice President - 1999-

Cornrnitm·ent to Quality Service

Personnel Qualifications and Experience

David F. Haughton, CPA (Continued)
Accounting and Audit Manager
ProfessionaJ Experience (Continued) Special Districts:
Bluewaters Community Development District
Country Club of Mount Dora Community Development District Fiddler's Creek Community Development District #1 and #2 Indigo Community Development District
North Springs Improvement District
Renaissance Commons Cdmmunity Development District St. Lucie -West Services District
Stoneybrook Community Development District Summerville Community Development District Terracina Community Development District Thousand Oaks Community Development District Tree Island Estates Community Development District Valencia Acres Community Development District

Cornmit:rnent to Quality Service

Personnel Qualifications and Experience

Matthew Gonano, CPA
Senior Staff Accountant - 10 years
Education
University of North Florida, B.B.A. - Accounting
University of Alicante, Spain - International Business
Florida Atlantlc University - Masters of Accounting
Professional Affiliations/Community Service

+  American Institute of Certified Public Accountants
+  Florida Institute of Certified Public Accountants
Professional Experience

Senior Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.
+ Performed audits of nonprofit and governmental organizations in accordance with

Cornrnitrnent to Quality Service

Personnel Qualifications and Experience

Paul Daly
Staff Accountant - 9 years
Education
+ Florida Atlantic University, B.S. - Accounting

Professional Experience
+	Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.
Continuing Professional Education
+  VVorking to attain the requirements to take the Certified Public Accounting (CPA) exam.

Cornrnitrnent to Quality Service

Personnel Qualifications and Experience

Melissa Marlin
Senior Staff Accountant - 7 years
Education
Indian River State College, A.A. - Accounting
Florida Atlantic University, B.B.A. - Accounting
Professional Experience
Staff accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.
Continuing Professional Education
Mrs. Marlin participates in numerous continuing professional education courses provided by
nationally recognized sponsors to keep abreast of the latest developments.
Mrs. ·Marlin is currently studying to pass the CPA exam.

Cornrnitrnent to Quality Service

Personnel Qualifications and Experience

Bryan Snyder
Staff :Accou·nta.nt - 5 y�ars
Education
Florida Atlantic University, B.B.A. - Accounting
Professional Experience
Accountant beginning his professional auditing career with Berger, Toombs, Elam, Gaines, & Frank.
Mr. Snyder is gaining experience auditing governmental & nonprofit entities.
Continuing Professional Education
Mr. Snyder participates in,numerous continuing education courses and plans on worklng to acquire his CPA certificate.
+  Mr. Snyder is currently studying to pass the CPA exam.

Comrnitrr,erit to Quality Service

Personnel Qua.lifications and Experience

Maritza Stonebraker
Staff Accountant - 4 years
Education
Indian River·State College, B.S.A. - Accounting
Professional Experience
Staff Accountant beginning her professional auditing career with Berger, Toombs, Elam, Gaines, &Frank.
Continuing Professional Education
Mrs. Stonebraker participates in numerous continuing education courses and plans on acquiring.her CPA.
Mrs. Stonebraker is currently studying to pass the CPA exam.

Cornrnitrnent to Quality Service

Per�onnel Qualifications and Experience

-Jonathan Herman, CPA
Senior Staff Accountant - 7 years
Education
University of Central Florida, B.S. - Accounting
Florida Atlantic University, MACC
Professional Experience
Accounting graduate with five years experience with Berger, Toombs, Elam, Gaines, &
Frank providing professional services to nonprofit and governmental entities.

Cornrnitrnent to Quality Service

Personnel Qualifications and Experience

Sean Stanton, CPA
Staff Accountant - 4 years

Education	.
University of South Florida, B.S. - Accounting
Florida Atlantic University, M.B.A. - Accounting
Professional Experience
Staff accountant with Berger, Toombs, Elam, Gaines, & Frank auditing governmental and non-prbfit entities.

Cornrnitrnent to Quality Service

Personnel Qualifications and Experience
Taylor Nuccio
Staff Accountant - 3 years
Education
Indian River State College, B.S.A. - Accounting
Professional Experience
+ Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Commitment to Quality Service

Personnel Qualifications and Experience
Kirk Vasser
Staff Accountant - 1 year

Education
Indian River State College, B.S.A. - Accounting
Professional Experience
Staff Accountant with Be·rger, Toombs, Elam, Gaines, & Frank providing professional services to nonprofit and governmental entities.

Cotnrnitrnent to Quality Service
IPers<;>nnel·_Qualifications and ·Experience
Madison Ballash
Staff Accountant - 1 year
Education
Indian River State College, B.S.A. - Accounting (May 2020)
Professional Experience	.
Staff Ac.countant with Berger, Toombs, Elam, Gaines, & Frank providing professional services to-nonprofit and governmental entities.

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Report on the Firm's System of Quality Control
To thePartners	October 30, 2019
Berger, Toombs. Elam, Galnes &Frank, CPAs, PL
and·the Peer Review Committee of the Florida Institute of Certified Public Accountants
We have reviewed the system of quality control for the accounting and auditing practice of Berger, Toombs. Elam·, Gaines & Frank, CPAs, PL, (the firm). in effect ror the year ended May 31, 2019. Our peer review was conducted In accordance with the Standards for Performing and Reporting on Peer Reviews established by the Peer Review Board of the Amertcan Institute of Certified Public Accountants (Standards).
A summary of t11e nature, objectives, scope, liniitatlons of, and the procedures performed in a System Review as described In the Standards may be found at aicpa.org/prsummary. The summary also includes an explanation of how engagements Identified as not performed or reported In conformity with applicable professional standards, ir any, are evaluated by a peer rev1ewer lo determine a peer review rating.
Firm's Responslblllty
The firm Is'responsible for designing a system of quality control and complying with it lo provide the firm with reasonable assurance of perrorming and reporting In conformity with applicable professional standards in all material respects. The firm Is also responsible for evaluating actions to promptly ren1ediate

ISLANDS AT DORAL Ill COMMUNITY DEVELOPMENT DISTRICT REQUEST FOR PROPOSALS
District Auditing Services for Fiscal Year 2021
Miami-Dade County, Florida
INSTRUCTIONS TO PROPOSERS

SECTION 1. DUE DATE. Sealed proposals must be received no later than 11:00 am, March 24, 2021, at the offices of District Manager, located at 5385 N Nob Hill Road, Sunrise, FL 33351. Proposals will be publicly opened at that time.
SECTION 2. FAMILIARITY WITH THE LAW'. By submitting aproposal, the Proposer is assumed to be familiar with all federal, state, and local laws, ordinances, rules and regulations that in any manner affect the work. Ignorance on the part of the Proposer will in no way relieve it from responsibility to perform the work covered by the proposal in compliance with all such laws, ordinances and regulations.
. SECTION 3. QUALIFICATIONS OF PROPOSER. The contract, if awarded, will only be awarded to a responsible Proposer who is qualified by experience and licensing to do the work specified herein. The Proposer shall submit with its proposal satisfactory evidence of experience in similar work and show that it is fully prepared to complete the work to the satisfaction of the District.

SECTION 9. BASIS OF AVVARD/RIGHT TO REJECT. The District, Islands at Doral Ill COD, has the right to reject any and all proposals, make modifications to the work, and waive any informalities or irregularities in proposals as it is deemed in the best interests of the District.
SECTION 10. CONTRACT AVVARD. Within fourteen (14) days of receipt of the Notice of Award from the District, the Proposer shall enter into and execute a Contract (engagement letter) with the District.
SECTION 11. LIMITATION OF LIABILITY. Nothing herein shall be construed as or constitute a waiver of District's limited waiver of liability contained in section 768.28, Florida Statutes, or any· other statute or law.
SECTION 12. MISCELLANEOUS. All proposals shall include the following information in addition to any other requirements of the proposal documents.
List position or title of all personnel to perform work on the District audit. Include resumes for each person listed; list years of experience in present position for each party listed and years of related experience.
Describe proposed staffing levels, including resumes with applicable certifications.

Three references from projects of similar size and scope. The Proposer should include information relating to the work it conducted for each reference as well as a name, address and phone number of a contact person.

ISLANDS AT DORAL Ill COMMUNITY DEVELOPMENT DISTRICT AUDITOR SELECTION
EVALUATION CRITERIA

Ability of Personnel.	(20 Points)

(E.g., geographic location of the firm's headquarters or permanent office in relation to the project; capabilities and experience of key personnel; present ability to manage this project; evaluation of existing work load; proposed staffing levels, etc.)

Proposer's Experience.	(20 Points)

(E.g. past record and experience of the Proposer in similar projects; volume of work previously performed by the firm: past performance for other or current Community Development District(s) in other contracts; character, integrity, reputation of Proposer, etc.)
Understanding of Scope of Work.	(20 Points)
Extent to which the proposal demonstrates an understanding of the District's needs for the services requested.
Ability to Furnish the Required Services.	(20 Points)

I	Grau &Associates
C£RTlFIED PUBLIC ACCOUNTANTS

I Proposal to Provide I1 Financial Auditing I1   Services:
Islands at Doral III
COMMUNITY DEVELOPMENT DISTRICT

Grau&Associates
CE.RTIFfED PUBLIC ACCOUNTANTS

Table of Contents	Page
EXECUTCVE SUMMARY/ TRANSMITTAL LETTER	1.
FIRM QUALIFICATIONS....................................................................................................,................,............,.,	3
FIRM & STAFF EXPERIENCE	6
REFERENCES	11
SPECIFIC AUDIT APPROACH....................................-............-.• ......-.• ............ ....-.• ....•	13
COST OF SERVICES	17
SUPPLEMENTAL INFORMATION	19

r	March 24, 2021

Grau&Associates

CERTIFIED PUBLIC ACCOUN'l'AN·rs

Islands at DoraJ Hl Community Development District c/o District Manager
5385 N NobHill Road Sunrise, FL 33351
Re:	Request for Proposal for Professional Auditing Services for the fiscal year ended September 30, 2021, with an option for four (4) additional annualrenewals.
Grau & Associates (Grau) welcomes the opportunity to respond to the Islands at Doral JlL Community Development District's (the "District") Request for Proposal (RFP), and we Look forward ·to continuing working with you on your audit. Weare an energetic and robust team o.fknowledgeable professionals and are arecognized leader of providing services to Community Development Districts. As one of Florida's few firms to priniarily focus ongovernment, weare especially equipped to provide you an effective and efficient audit.
Special district audits are at the core of our practice: we have a Lot.al of 360 client:s, 329 or 9-i.•Vo of which are speciaJdist:ricts. We know the specifics of the professionalservices and work products needed to meet your RFPrequirements like no other firm. With this level of experience, we are able to increase efficiency, to provide immediate and continued savings, and to minimize disturbances to client.operations.

Co1nplying Wit:h Standards
Our audit will follow the Auditing Standards of the AICPA, Generally Accepted Government Auditing Standards, issued by the Comptroller General of t:he United States, and the Rules of the Auditor General of the State of Florida, and any other applicable federal, state and localregulations. We will deliver our reports in accordance with your requirements.
This proposal is a firm and irrevocable offer for 90 days. We certify this proposal is made withoutprevious understanding, agreement or connection either with anyprevious firms or corporations offering aproposal for the same items. We also certify our proposal is in alJ respects fair, without: outside coO'trol. collusion, fraud, or otherwise illegal action, and was prepared in good fait:h. Only the person(s). company or parties interested in the project asprincipals are named in the proposal. Grau has no existing or potential conflicts, and anticipates no conflicts during the engagement. OurFederal LO. number is 20-2067322.
We would be happy to answer anyquestions or to provide any additional information. We are genuinely excited about the prospect ofserving you and establishing a long-term relationship. Please do not hesitate to call or email either of our Partners, Antonio J. Grau, CPA (tgrau@eraucpa.com) or Racquel McIntosh. CPA (cmcin1:osh@graucpa.cocn) at 561.994.9299. We thank you for considering our firm's qualifications and experience.
Very truly yours, Grau & Associates

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Antonio J. Grau

Fir:rn. Qualifications

Gran's Focus and Experie.nce

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Peer Revte-.,,v
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FICPA Poer Review Program

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Administered In Florida
bv The Flor-Ida lnstllute of CPAs

AICPA Poer Rovlow Program
Administered In Florida by lhe Florida lnsUlute of CPA:s

February 20, 2020

Antonio Grau Grau & Associates
951 Yamato Rd Ste 280 Boca Raton. FL 33431-1809

Dear Antonio Grau:
It is my pleasure to notify you that on February 20, 2020, the Florida Peer Review Committee accepted the report on the most recent System Review of your firm. The due date for your next review is December 31, 2022. This is the date by which all review documents should be completed and submitted to the administering entity.

As you know. the report had a peer review rating of pass. The Committee asked me to convey its

Firm &.Staff Experience

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GRAU AND ASSOCIATES COMMUNITY DEVELOPMENT DISTRICT EXPERIENCE BY MANAGEMENT COMPANY

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Profile Briefs:
Antonio f GRAU., CPA (Partner)
Years Performing Audit:s: 30+
CPE (last:2 years): Government: Accounting, Audit:ing:
24 hours; Account:ing, Audit:ing and Other: S6 hours Professional Memberships: A/CPA, FICPA,FGFOA,GFOA

Racquel McTntosh., CPA (Partner)

47 hours; Account:ing,

Years Performing Audit:s:  14+ CPE (lase2 years}: Government: Accounting, Auditing:

YOUR ENGAGEMENT TEAM

Grau's client-specific engagement team is meticulously organized in order to meet the unique needs of each client. Constant communication within oursolution team allows for continuity of staff and audit team.

Grau contracts with an outsidegroup of IT management consultants to assist with matters including, but not limited to; net:work and database security, internetsecurity and vulnerability testing.

An advisory consultant Will be available as a sounding board to advise in those areas where problems are encountered.

Antonio •Tony• J. Grau, CPA

terau.@eraucpa.com

Partner
	Contact: 	I (561) 939-6672 
-· . -	-	- -- ··-·-··-·-·-···---··---··-
Experience
For over 30 years, Tony has been providing audit, accounting and consulting services to the firm'sgovernmental, non-profit, employee benefi� overhead and arbitrage clients. He provides guidance to clients regarding complex accounting issues. internal controls and operations.
Asa member of the Government Finance Officers Association
Special Review Committee, Tony participated in the revievv process for awarding the GFOA Certificate of Achievement in Financial Reporting. Tony vvas also the review team leader for the Quality Revievv of the Office of Management Audits of School Board of Miami-Dade County. Tony received the AICPA advanced level certificate for governmentalsingle audits.

Educati.on
University of South Florida (1983) Bachelor of Arts
Business Administration

Clients Served (partial list)

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Racq11.el C. McIntosh, CPA
Partner
Cont:act: rrncintosh@e:raucpa.com I(561) 939-6669
Experience
Racquel has been providing government: audit, accounting and advisory services to our clients for over 14 years. She serves as the firm's quality controlpartner; in this capaci1.y she closely monitors engagement quality ensuringstandards are followed and maintained throughout the audit.
Racquel develops in-house training seminars on current government auditing, accounting, and legislative topics and also provides seminars for various government organizations. In addition, she assists clients vvith implen,ent:ing new accounting softvv-are, legislation, andst:andards.

Education
Florida Atlantic University· (2004) Master of Accounting
Florida Atlantic University (2003) Bachelor of Arts:
Finance, Accounting

Clients Served (partiaJ list)

References

We have included three references bf government engagements that require compliance vvith lavvs and regulations, follow fund accounting, and have financingrequirements, vvhich vve believe are similar to the District.

Dunes Communit:y Development District

Scope of Work Engagement Partner Dates
Client: Contact

Financial audit Antonio J. Grau Annually since 1998
Darrin Mossing, Finance Director 475 W. Tovvn Place, Suite 114
St. Augustine, Florida 32092

	904-940-5850	

Two Creeks Community Development District

Scope of Work Engagement Partner Dates
Client Cont:act

Financial audit Antonio J.Grau Annually since 2007
William Rizzetta, President 3434 Colwell Avenue, Suite 200

Specific Audit Approach

AUDIT APPROACH
Grau's Underst:anding of Work Product/ Scope of"Services:
We recognize the District is an import:ant entity and we are confident our fLrn'l is eminently qualified to meet the challenges of this engagement and deliverqualily auditservices. You""ould be a valued client of our firm and""epledge to cornrnit all firm resources t:oprovide the level and quality of services (as described belo"'J "'hich not: only meet: the requirements set:forth in the RFPbut: 1Ni1/
exceed those exvect;aqons. Grau & Associates fully understands thescope ofprofessionalservices and
work products requested. Our audit -will follow the Auditing Standards of the AlCPA, Generally Accept:ed Government: Audit:ing St:andards, issued by the Comptroller General of the United States, and the Rules of the Auditor General of the State ofFlorida and any other applicable Federal, State of Local regulations. Wewill deliver our reports in accordance wit:h your requirements.
Proposed segmentat:ion of"t:he engagement:
Ourapproach to the audit engagement is a risk-based approach which integrates thebest of traditional auditing techniques and a total systems concept to enable the team co conduct a more efficient and effective audit. The audit will be conducted in three phases. which are as follows:

Pha_-,e ti - Execut:.ian of Audit Plan

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The audit team will complete a major portion oft:ransaction testing and audit requir:-ements during this phase. The procedures performed during this period will enable us to identify any matter that may impact the completion of our work or require the attention of management. Tasks to be perfor:-n'led in Phase II include, but are not limited to the following:

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»  Apply analytical procedures to further assist in the determination of the nature, timing, and exLent of auditing procedures used to obtain evidential matter forspecific account balances or classes of transactions;
�f	»	Perform tests ofaccount balances and transact-ions through sampling, vouching, confirmation
and other analytical procedures; and
»	Perform tests ofcompliance.
Phase l 11- C:otnpletion and  .OeJivery

ln this phase of the audit, we will complete the tasksrelated to year-end balances and financial reporting. Allreports will be reviewed with: management: before issuance, and the partners vvill be available to meet and discuss ourreport and address any questions. Tasks to be performed in Phase 111 include, but are not limited t:othe following:
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»	Perform final analytical procedures;
»	Review infoi:-mation and make inquiries for subsequent events; and
>>	Meeting with Management to discuss preparation of draft financial statemencs and any potential findings or recommendations.

of concern to our:- clients and serving as an effectiveresource in dealing with those issues..In following

You should expect more from your accounting firm than a signature in your annual financial report. Our concept of truly responsive professional service emphasizes t:aking an active interest in the issues

Our findings vvill contain a statement of condition describing the situation and the area that needs strengthening. what should be corrected and why. Oursuggestions vvill "vithstand the basic tests of corrective action:

ls thereco1111nendation cost effective?
Is the reco1n1nendation thesimplest to effectuate in order to correct: aproblern?

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Is	recomn,e atian al e heart or the problern

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c1	ot just co ect g asyn1ptornatic rnat.ter?
Is the co,-rectivc action taking into account why the deflciencv occurred?

To assure full agreement with facts and circum.stances, vve will fully discuss each item "'1ith Managementprior to the final exit conference. This policy means there vvill be no "surprises" in the management letter and fosters aprofessional, cooperative atmosphere.
communications
We emphasize a continuous,year-round dialogue bet-ween the Dis·trict and our management team. We
regularly communicate through personal telephone calls and electronic mail throughout: the audit and on a regular basis.

assign different staff vvithseparate log on and viewing capability. This further facilitates efficiency as

Our clients have the ability to transmit information to us on our secure client portal vvith the ability to

Cost of"Services

Our proposed all-inclusive fees for the financial audit for the fiscal years ended September 30, 2021-2025 are asfollows:

  Year Ended Sept:etnber 30,	 Fee 

2021	$3,300	

2022	
$3,400	
2023	$3,500	
2024-	$3,600	
2025	$3,700	

TOTAL (2021-2025)

,$17.SOQ

The above fees are based on the assumption that the District maintains its current level of operations. Should conditions change or Bonds are issued the fees vvo.uld be adjusted accordingly upon approval from an parties concerned.

Supplemental I:nforination

PARTIAL LIST OF CLIENTS

SPBCIAL DISTRl.CIS	1l!
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Boca Raton Ah-port Authority	✓	✓		✓	9/30	
Captain's Key Dependent District	✓			✓	9/30	
Central Broward VVater Control District	✓			✓	9/30	
Collier Mosquito Control District	✓			✓	9/30	
Coqulna Water Control District	✓			✓	9/30	
East Central Regional Wastewater Treatment Facility	✓		✓		9/30	
Florida Green Finance Authority	✓				9/30	
Greater Boca Raton Beach and Park District	✓			✓	9/30	
Greater Naples Fire Control and Rescue District	✓	✓		✓	9/30	
Green Corridor P.A.C.E. District	✓			✓	9/30	
Hobe-St. Lucie Conservancy District	✓			✓	9/30	
Indian River Mosquito Control District	✓				9/30	
Indian Trail Improvement District	✓			✓	9/30	
Key Largo Waste Water Treatment District	✓	✓	✓	✓	9/30	
Lake Padgett Estates Independent District	✓			✓	9/30	
Lake Worth Drainage District	✓			✓"	9/30	

ADDITIONAL SERVICES
CONSULTING I MANAGEMENT ADVISORY SERVICES

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Grau & Associates also provide a broad range of other management consulting services. Our expertise has been consistently utilized by Governmental and Non-Profit: entities throughout
Florida. Examples of engagements perfo1-med are as follows:

I	• Accounting systems
Development: of budgets
Organizational structures
Financing alternatives
ITAuditing

Fixed asset records
Costreimbursement
Indirect cost allocation
Grant:administration and compliance

ARBITRAGE
The federal government has imposed coro.plex rules to restrict the use of tax-exempt financing. Their principal purpose is to eliminate any significant arbitrage incentives in a tax-exempt issue. We have determined the applicability of these requirements and performed the rebate calculations for n-1ore than 150 bond issues, including both fixed and variable rate bonds.

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Current Arbitrage Calculations

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CERTIFIED PUBLIC AccJuNTANTS

PROPOSAL FOR PROFESSIONAL AUDITING SERVICES

Islands at Doral III Community Development District

March 1, 2021

HLB GRAVIER, LLP

396 ALHAMBRA CIRCLE, FLOOR 9 CORAL GABLES, FLORIDA 33134
(305) 446-3022

Jose M. Iglesias, Certified Public Accountant jiglesias@hlbgravier.com mlazarus@hlbgravier.com

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CERTIFIED PUBLIC ACC�UNTANTS

March 1, 2021

Islands at Doral III Community Development District Attn: District Manager
5383 N Nob Hill Road Sunrise, Fl. 33351

Dear Audit Board Members:

We appreciate the opportunity to respond to your request for external auditing needs. We want to be your auditor, advisor, and business partner. We have assembled a dedicated engagement team that has the experience, the technology, the resources and the credibility that a successful and growing organization is looking for in today's complex environment. Through a staff of highly experienced, specialized professionals, including Ce1tified Public Accountants (CPA), CFE, CGMA and IRS enrolled agents, our firm can provide for the greatest possible range of knowledge and expertise in your unique industry.

We know your business and have a clear understanding of the services requested. The attached proposal describes our understanding of such services and the commitment we have made to ensure that you receive the best service possible.

Please feel free to contact us with any questions about our firm, the services we offer, or to schedule a meeting. We can be reached at (305) 446-3022 or via email at chatterschools@hlbgravier.com.

Ve1y truly yours,

Leonardo D. ty·avier, CPA Firm Managinf Pa1iner

396 Alhambra Circle, Suite 900, Coral Gables, FL 33134 ° Tel: 305.446.3022 " Fax: 305.446.6319 www.hlbgravier.com
HLB Gravier, LLP is a member o9f	International. A world-wide organization of accounting firms and business advisers.

TABLE OF CONTENTS

TRANSMITTAL LETTER FIRM PROFILE
Executive Summary
Firm Partners and Directors
Current Nonprofit and Governmental Practice
Specialty and Value Added Services
Firm Legal Status and Standing with AICPA, FICPA and PCAOB Independence
Statement of Independence Engagement Team
Professional Development Program Schedule of CPE Hours for Team Members External Reviews & Disciplinary Actions Audit Engagements Performed
Monitoring and Communication Management Letter

Page

1
1-2
2
2
3
3-4
5-6
7-13
14
15
16
17
18
19-21

AUDIT APPROACH, ENGAGEMENT SCOPE AND REQUIREMENTS

Engagement Scope and Requirements
Audit Objectives
Management Responsibilities
Audit Procedures
Other Services
Engagement Administration, Fees, and Other Auditor Statements
Policy on Privacy and Security of Information
Work Paper Retention and Access Policy
Technology Platfom1
Audit General Philosophy, Timing, Approach and Methodology
Pre-Audit (Planning)
Development Audit Strategy
Conclusion
Communication Timeline

22-23
23-24
24-26
26-27
28
28

29
29
29
30
30
31
32
32-33
34-35

AVAILABILITY OF PROPOSER	36
PARTNER ROTATION	37
COST OF SERVICES	38

TABLE OF CONTENTS (Continued)

ATTACHMENTS

A- FIRM LICENSE
B- GENERAL LIABILITY
C- WORKERS COMPENSATION
D- PEER REVIEW

FIRM PROFILE

EXECUTIVE SUMMARY

One of the oldest and largest local finns in South Florida, HLB Gravier, LLP is staffed and managed by experienced Certified Public Accountants. Our practice has evolved into a worldwide consulting leader with more than 50 employees and is the South Florida member office of HLB International, one of the top 12th largest accounting firm organizations in the world with over 2,210 member partners in over 660 offices worldwide. Our professional staff includes: Six partners, two directors, five managers, fifteen senior accountants, and over forty professionals. All staff members are full time employees ofHLB Gravier, LLP. Our office is located at: 396 Alhambra Circle, Floor 9, Coral Gables, FL 33134.

At HLB Gravier, LLP, we view each Audit as an ongoing, collaborative process. We listen to our clients and then we design our services to meet their needs.

To help our clients run efficiently and accurately, we also provide a full range of services including Financial Statement Assurance services, Strategic International Tax Planning, Federal/State Tax Compliance, IRS examination defense, and Industry specific consulting.

When you choose HLB Gravier, LLP, you get more than a CPA firm built around quality and integrity; you get our commitment to your long-term needs.

HLB Gravier, LLP has performed thousands of audits in accordance with Government Auditing Standards. These audits are often subject to desk reviews and/or field reviews by various State, Federal and industry organizations such as, State of Florida Auditor General, and American Institute of Ce1iified Public Accountants Ethics Division.

Firm Partners and Directors

Founded in 1978 by Leonardo Gravier, the firm is currently owner-managed by six partners and directors all formerly with South Florida offices of Big Four firms. The film's partners and directors are listed below:

Leonardo D. Gravier Alejandro D. Gravier Carmen Llano-Gomez Jose M. Iglesias Regino Rodriguez Nelson Pastor
Juliana Delmas

Current Nonprofit and Governmental Practice

HLB Gravier, LLP's current nonprofit and government practice includes over one hundred (100) entities that receive funding from multiple sources including Federal and State grants, local (County) grants, private foundation grants, program fees and fundraising. The annual operating budgets of our clients range from under one million dollars to over five hundred million dollars ($500,000,000).

We have extensive experience and have performed thousands of audits in accordance with auditing standards generally accepted in the United States of America and the standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States and the provision of Office Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Government and Non-Profit Organizations, as well as, audits in accordance with the provisions of the Rules of Florida Auditor General, Section 218.39 FINANCIAL MATTERS PERTAINING TO POLITICAL SUBDIVISIONS.

Specifically, our non-profit clients receive funding from multiple sources including Federal, State and Local Governments and require reporting under Governmental Accounting Standards (GASB). We have assembled a specialized Governmental audit team. Our firm has been able to successfully coordinate and execute these assignments under ve1y strict Government mandated deadlines. Our largest assignment, which covers operations in multiple locations, including other States, requires over 5,000 hours, substantially within a two-month period. This specific engagement, and others like it, provides us with the experience and confidence to manage the audit oflslands at Doral III Community Development District in a timely and efficient manner.

We have provided references in the Client and References Section of this proposal. Specialty and Value Added Services
When engaging HLB Gravier, LLP, you will have access to all resources of our firm, its strategic partners and our affiliated member offices throughout the United States and Worldwide. These resources include access to our specialists which includes Certified Public Accountants, (CPA), Chartered Global Management Accountant (CGMA) Ce1tified Internal Control Auditors (CICA), Certified Fraud Examiner (CFE), Certified Information Systems Auditor (CISA), and Attorney's.

Resources also include publications, specialized training seminars and materials. For example, we conduct web-based training seminars on specialized topics like nonprofit and governmental accounting and auditing issues. In addition, we organize local and regional seminars at least annually which cover various specialized topics related to nonprofits and governmental entities. These seminars are always offered to our clients at no charge.

FIRM LEGAL STATUS AND STANDING WITH AICPA, FICPA AND PCAOB

HLB Gravier, LLP is a full-service CPA fom organized under the laws and regulations of the State of Florida as a limited liability pminership, Florida registration number LLP060003527. HLB Gravier, LLP is registered and licensed as an accountancy firm with the State of Florida, Department of Professional Regulation (License number AD64844 in good standing),, the Commonwealth of Puerto Rico (License #236), the State of Georgia (License #ACF005821), State of New York (License #120161), State of New Jersey (License #20CZ00035800) State of Colorado (License #FRM.5000459) and the State of Nevada (License # PART-0873). Each partner is licensed as a Certified Public Accountant in the State of Florida.

The Additional Inf01mation appendix includes copies of all corporate filings, licenses and insurance.

All the partners of HLB Gravier, LLP have been long time members of the American Institute of Certified Public Accountants (AICPA) in good standing.

All the partners of HLB Gravier, LLP have been long time members of the Florida Institute of Certified Public Accountants (FICPA) in good standing.

HLB Gravier, LLP is registered with the Public Company Accounting Oversight Board (PCAOB) in good standing.

HLB Gravier, LLP nor any of its partners have ever been subject to any disciplinary action.

INDEPENDENCE

In all matters relating to audit work, HLB Gravier, LLP and the individual auditors, must be free from personal, external, and organizational impairments to independence, and must avoid the appearance of such impairments of independence. Our firm follows all independence requirements as adopted by the American Institute of Certified Public Accountants, the U.S General Accounting Office and the Securities and Exchange Commission (SEC).

We must maintain independence so that our opm10ns, fmdings, conclusions, judgments, and recommendations will be impartial and viewed as impartial by objective third parties with knowledge of the relevant information.

When evaluating whether independence impairments exist either in fact of appearance with respect to entities for which the fum performs audit services, we take into account the three classes of impairment to independence: personal, external, and organizational.

If one or more of these impailments affects or can be perceived to affect independence; it is our policy not to accept the engagement or to decline to perform the work.

A personal impairment would result from relationships or beliefs that might cause the auditors to limit the extent of the inquiry, limit disclosure, or weaken or slant audit findings in any way. Examples of personal impai1ments include: immediate family members which are officers or in a position to exert direct and significant influence over the entity, a direct financial interest in the entity, responsibility for managing the entity, decision making, maintaining accounting records, or custody of assets.

INDEPENDENCE (Continued)

As part of our quality control procedures, HLB Gravier, LLP has established policies and procedures to identify, communicate, and monitor compliance with these requirements. For example, all partners and employees are required to complete an independence questionnaire for each attest client before acceptance of an engagement.

External impairn1ents to independence would occur when auditors are deterred from acting objectively and exercising professional skepticism by pressures, actual or perceived, from management and employees of the audited entity or oversight organizations. Examples include: external interference limiting or modifying the scope of an audit, interference at the selection or application of audit procedures or selection of transactions, imposing unreasonable restrictions on the time allowed to complete the audit, and imposing a restriction on the access to records or individuals needed to conduct the audit.

HLB Gravier, LLP has established procedures and guidelines for identifying any potential external impairment and on how respond and resolve them. In the situation that an external impairment has been identified and cannot be resolved, the firm may decide-to withdraw from the engagement.

Impairments to organizational independence result when the audit function is organizationally located within the reporting lines of the areas under audit or when the auditor is assigned or takes on responsibilities that affect operations of the area under audit. We have determined that HLB Gravier, LLP is independent as we are not part of or under the control of Islands at Doral III Community Development Dish·ict, the School Board, The Department of Education and any other interested pmty.

Independence rules also restrict the types of additional professional services that auditing firms may perform. HLB Gravier, LLP evaluates all new non-attest services provided to its audit clients to determine whether such service would create an impairment in independence either fact or appearance with respect to such client.

Two overarching principles apply to auditor independence when assessing the impact of performing a non­ audit service for an audit client: (1) audit firms cannot provide a service that involves performing management functions or making management decisions and (2) audit films must not audit their own work or provide non-audit services that are significant or material to the subject matter of the audit.

HLB Gravier, LLP can only provide non-audit services to audit clients if they do not impair the independence with respect to such client. For example, our firm can provide technical advice based on our knowledge and expertise, as long as our advice does not result in our finn making management decisions or perf01ming management function.

As part of this proposal, you have requested assistance in the preparation of the annual tax filings. We have dete1mined that this service will not impair our independence, as all the information contained in the tax filings will be provided by you and management will take responsibility for the filings. If any additional non-audit service is required by you in the future, we will assess and determine whether our independence could be impaired before accepting this new engagement.

Further, you agree to oversee the non-audit services by designating an individual, preferably from senior management, with suitable skill, knowledge, or experience; evaluate the adequacy and results of those services; and accept responsibility for them.

Statement of Independence

Pursuant to the standards promulgated by the AICPA, the Securities and Exchange Commission (SEC) and the U.S General Accounting Office, the nature of this prospective engagement presents no conflict of interest concern.

Audit Team

Jose M. Iglesias, CPA Regino Rodriguez, CPA Nelson Pastor, CPA Juliana Delmas, CPA Angelo Rolle, CPA Nelson Gaud, CPA Ivelys Ayala, CPA
Ania Ojeda, CPA Alain Iglesias, CPA Giselle Sanchez Emilio Marrufo Karol Velasquez Diego Michaels Miguel Santana Jose Calonge

Tax Team

Leonardo D. Gravier, CPA Carmen Llano-Gomez, CPA
C.
Richard Gomez, CPA

ENGAGEMENT TEAM

HLB Gravier, LLP believes that experience is the primary ingredient for a successful external audit team. For this reason, our approach to staffing an external audit team is to assign the individuals that have experience, not only as auditors but in industry practice. This allows the team to perform with the greatest degree of expertise to properly identify risks, prioritize, use judgment, and interact with client staff. The individuals designated as the engagement team have all previously been auditors of Chaiier Schools and other educational institutions. Our dedicated audit team has a diverse educational background including these Universities: University of Miami, Boston University, Florida International University, Nova Southeastern University, FSU, University of Puerto Rico, Barry University and University of Central Florida. The following summarizes the engagement team:

ENGAGEMENT TEAM (Continued)

JOSE M. IGLESIAS, CPA, as lead engagement paiiner, Mr. Iglesias will be responsible for the overall coordination, supervision and management of the engagement. With over twelve (20) years of experience, Mr. Iglesias has audited numerous entities and organizations under Government Auditing Standards, issued by the Comptroller General of the United States and Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), Audits of States, Local Governments, and Non-Profit Organizations. The following is a sample of governmental and non-profit clients served:

Doral Academy Charter Schools (Since 2000)
Mater Academy Chaiier Schools (Since 2000)
Pinecrest Academy Chaiier Schools (Since 2000)
Miami Children's Museum Chaiier School
Brooks Academy of Science & Engineering, San Antonio, TX
City of Belle Isle
Ivy Preparato1y Academy -Atlanta, GA
International Studies Charter Schools
Beaux Arts of Lowe Museum - University of Miami
Carlos Albizu University Foundation
Somerset Jefferson County
Salvadoran American Humanitarian Foundation
American Children's Orchestras for Peace
Public Health Trnst
Trade Mission Center of the Americas (Jay Malina International Trade Consortium)
Miami Dade Expressway Authority
Epilepsy Foundation of Florida
Open Door Health Center
Sports Leadership and Management Academy (SLAM) Other Industries Served:
Automobile Dealerships
Food & Beverage
Hospitality
Entertainment
SEC Registered Broker-Dealers
Broadcasting
Real Estate
Financial Institutions

Mr. Iglesias is a Certified Public Accountant (CPA) and Chartered Global Management Accountant (CGMA) in the State of Florida, Texas, New Jersey and the Commonwealth of Pue11o Rico. He is also a member of the American Institute of Ce11ified Public Accountants (AICPA) and the Florida Institute of Certified Public Accountants (FICPA). Mr. Iglesias received his Bachelor of Science in Business Administration from Boston University and his Master in Science of Taxation from Florida International University.

He has lectured in numerous business meetings, including the most recent Florida Depaitment of Education Charter School Training regional conference in Orlando, and used his expe1tise in charter schools while serving as the Treasurer of Aspira of Florida, Inc. Aspira of Florida operated three charter schools in Miami-Dade County until 2019. Mr. Iglesias assisted them on a volunteer basis, while implementing the requirements of GASB 34 and provided them with recommendations on structuring its accounting department and improving its internal controls. Also has been a guest speaker at the HLB International Conference and FDOE Trainings.

LEONARDO D. GRAVIER, CPA is the Managing Paitner for HLB Gravier LLP in Miami, Florida. Mr. Gravier has been in practice since 1985 and is the partner in charge of the International Tax Group. Mr. Gravier was formerly a Senior Manager with an International Big Four Ce1tified Public Accounting finn in Miami. Mr. Gravier c1mently lectures on International Tax issues relating to Entity Structures and Formations, Corporate Mergers and Acquisitions and Tax Treaty benefit analysis. Mr. Gravier is active in Industries related to Mergers and Acquisitions, Food & Beverage/ Agriculture, Real Estate Developments, Spo1ts and Entertainment and Automobile Dealership. A frequent lecturer in various countries in Central and South America, Mr. Gravier additionally lectures at the University of Pennsylvania Whmton School of Business, University of Miami School of Business, the Florida Institute of CPA's and the American Institute ofCPA's.

Mr. Gravier earned his Masters of Professional Accounting, Bachelors of Business Administration in Accounting and a Bachelors of A1ts in Political Science from The University of Miami. Mr. Gravier is a licensed Certified Public Accountant in the states of Florida, New York and Colorado. He is fluent in English, Spanish and French.

Mr. Gravier is currently an Adjunct Professor at the University of Miami and teaches International Tax and Pmtnership Tax in the Graduate School of Business. He is also a Board member of the University of Miami Accounting Advisory Council.

Articles, publications and lectures include the following:

Endeavor Entrepreneur Summit, Guest Speaker, Silicon Valley
University of Pennsylvania, MBA International Program, Guest Speaker
Guest Speaker, "HLB International Tax Roundtable" Mergers and Acquisitions on Real Estate Development in the Americas, Sao Paulo, Brazil
Moderator, "Strategies for Trade and Investment in the Americas" - World Trade Institute, Washington DC
Author, Latin American Investments in the USA-Trends and Industries-United States Department of Commerce, Washington DC
Publication, FIRPTA Rules and Regulations, Tax Maze for Foreign Investments in the USA, Poder Magazine
Presenter, "Doing Business with the United States," FTA Financial Sector Conference, Bogota, Colombia
University of Miami- Florida Institute of Ceitified Public Accountants, Accounting Conference," CmTent Accounting and Tax Trends in Latin America
Advisory Board of the Institute of Global International Effectiveness at the Kelly School of Management, Indiana University
Board Member of Baptist Health South Florida Network
Advisory Board of the Sequoia Foundation for the A1ts, New York City, New York
11	Director, Fundacion Mi Sangre, Juanes Foundation
l)

Mr. Gravier also has two endowment foundations set up at University of Miami and University of Pennsylvania, to help provide minority students with scholarships.

Mr. Gravier earned his Masters of Professional Accounting, Bachelors of Business Administration in Accounting and a Bachelors of Arts in Political Science from The University of Miami. He is fluent in English, Spanish and French.

CARMEN LLANO-GOMEZ, CPA, as engagement tax-paiiner, Carmen will be responsible for the planning and coordination of all tax related matters. Ms. Llano-Gomez began her career with an International Big Four CPA firm in Miami and has been in practice since 1997. She is a paiiner in the firm's Accounting and Tax Group. She represents clients in a range of industries including manufacturing, wholesale distribution, retailing, real estate, construction, television and media, not-for-profit, sports and entertainment and broker-dealers. As guest speaker, she has lectured in numerous business meetings and educational seminars. The following is a representative list of non-profit clients served by Ms. Llano­ Gomez during her career:

Sequoia Foundation
Mi Sangre Foundation
The Imaginate Foundation
Beaux A1is of Lowe Museum- University of Miami
Gary Nader Art Gallery
Mater Academy Charter Schools (Since 1998)
Doral Academy Charter Schools (Since 1998)
Pinecrest Academy Charter Schools (Since 1998)
Miami Children Museum Chaiier School
Theodore R. and Thelma A. Gibson Charter School
The National Ben Gamla Charter School Foundation
City of Miami Beach
City of Sumise

Ms. Caimen Llano-Gomez has been a board member for the past 5 years of Equip-a-Student, Inc., a non­ profit dedicated to providing students with basic school supplies. Ms. Llano-Gomez received her Bachelor of Business Administration and Master in Science of Accounting from Florida International University.

NELSON PASTOR, CPA will be the engagement co-paiiner and will be responsible for supervising and executing the external audit plan on a day-to-day basis. Mr. Pastor has extensive experience conducting audits in accordance with standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Mr. Pastor is also our Sarbanes Oxley compliance specialist. He has implemented those requirements for many of our clients. Mr. Pastor's governmental, non-profit and charter school audit experience includes the following representative list of clients served during his career:

NELSON PASTOR, CPA (Continued)

Brooks Academy of Science & Engineering
Doral Academy Charter Schools
Mater Academy Charter Schools
Pinecrest Academy Charter Schools
Somerset Academy Charter Schools
Ben Gamla Charter Schools

Other Industries Served:

Automobile Dealerships
Food & Beverage
Hospitality
SEC Registered Broker-Dealers
Real Estate
11	Financial Institutions

Mr. Pastor received his Bachelor of Accounting from University of Miami in 2001, and masters degree from Florida International University in 2012. He began his career in audit in January 2002 with HLB Gravier, LLP. Mr. Pastor is a Certified Public Accountant (CPA) and is a member of the Florida Institute of Certified Public Accountants (FICPA) and the American Institute of Certified Public Accountants (AICPA).

JULIANA DELMAS, CPA, Director is a director with the fom. She will be the responsible for financial statement preparation and ensuring that final reports are in compliance with Governmental Auditing Standards. As engagement manager she will also be responsible for developing the audit plan for field staff to execute and supervising field staff on a day-to-day basis. Ms. Delmas has experience conducting audits in accordance with standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Ms. Delmas' governmental, non-profit and charter school audit experience includes the following representative list of clients served during her career:

Experience has included involvement with the following organizations.

Doral College
Doral Academy Charter Schools
Mater Brighton Lakes Academy
11	Mater Academy Charter Schools
Pinecrest Academy Charter Schools
Salvadoran American Humanitarian Foundation, Inc.
Somerset Academy Charter Schools

JULIANA DELMAS, CPA (Continued)

Ms. Delmas also has extensive experience in the financial services industry. She assists in providing broker dealer clients with financial statement audit, regulatory reporting, and tax services. Bank industry experience includes outsourced internal audit and compliance services. Engagements have involved all areas of operations, compliance, and regulatory rep01iing with emphasis on Bank Secrecy Act (BSA), FINRA, and SEC requirements. Ms. Delmas also has experience in the following industries: real estate, homeowners associations, and employee benefit plans.

Ms. Delmas received her Bachelor of Accounting from Florida International University in 2004 and completed her Master of Science of Accounting from Nova Southeastern University in 2008. Prior to beginning her career in public accounting with HLB Gravier in January 2005, Ms. Delmas worked in retail banking and is uniquely cognizant of client service expectations from her experience there. Ms. Delmas is a Certified Public Accountant (CPA), is a member of the Florida Institute of Certified Public Accountants (FICPA) and the American Institute of Ce1iified Public Accountants (AICPA).

ANGELO ROLLE, CPA, is an audit manager with the firm. He is responsible for ensuring audit procedures are performed in accordance with the developed audit plan, and that those procedures are properly supported and documented. As engagement manager, he will also be responsible for providing daily supervision and guidance to field staff. Mr. Rolle has experience conducting audits in accordance with standards for financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Mr. Rolle's governmental and non-profit audit experience includes the following representative list of clients served during his career:

Franklin Academy
Mater Brighton Lakes Academy
Odyssey Charter School- Palm Bay, FL
Rise Academy School of Science and Technology
Rising Leaders Academy, Inc.
University Academy, Inc.

Other Industries Served:

Automobile Dealerships
Food & Beverage
Hospitality
SEC Registered Broker-Dealers
Real Estate
Financial Institutions

Mr. Rolle received his Bachelor in Business Administration and Accounting from Florida Memorial University and his MBA with a concentration in Finance from Barry University. Prior to beginning his career in public accounting with HLB Gravier in July 2012, Mr. Rolle was a credit analyst in a community bank. Mr. Rolle is a Certified Public Accountant (CPA), is a member of

the Florida Institute of Certified Public Accountants (FICPA) and the American Institute of Certified Public Accountants (AICPA)
PROFESSIONAL DEVELOPMENT

In accordance with Government Auditing Standards, each member of our firm performing work under GAGAS, including planning, directing, performing fieldwork, or reporting on an audit or attestation engagement under GAGAS, is required to maintain at least 24 hours of continuing professional education (CPE) that directly relates to government auditing and at least an additional 56 hours of CPE, for a total of 80 hours in every two-year period. In order to simplify administration of the CPE requirements, our firm has established a standard two year period for all our auditors on a rolling-year basis. All personnel who will be assigned to the audit engagement receive on average at least five days of continuing professional education per year. In the last two years, members that will be assigned to the audit engagement have received approximately four days specialized in non-profit and governmental accounting and auditing. As part of our firm's quality control procedures to help ensure that all required personnel meet these requirements, the firm provides auditors with the opp01tunity to attend CPE programs and requires documentation of the CPE hours completed by each auditor. Our finn subscribes to multiple CPE providers like CCH, Thomson Reuters, Becker and Surgent.

HLB Gravier, LLP. is also accredited with a NASBA Sponsor number that allows us to provide in house training seminars and issue CPE hours. The firm both sponsors and attends conferences for both HLB North America and HLB Latin America to continue with firm wide development of all staff.

HLB International is also a proud member of the Fomm of Finns. The Forum of Firms is an association of 27 international networks of accounting firms perfo1ming audits of financial statements used across borders. The objective of the Forum of Firms (Forum) is to promote consistent and high quality standards of financial rep01ting and auditing practices worldwide. The Forum brings together firms that perf01m transnational audits and involves them more closely with the activities of the International Federation of Accountants (IFAC) in audit and other assurance-related areas.

I l

SCHEDULE OF CPE HOURS FOR TEAM MEMBERS

Team Members	Government, NFP Hours and
Audit	

Other	

Total	
				
Jose M. Iglesias	91	27	118	
Regino Rodriguez	64	38	102	
Nelson Pastor	51	50	101	
Juliana Delmas	65	44	109	
Angelo Rolle	71.5	42.4	113.9	
Nelson Gaud	56.5	16	72.5	
Ania Ojeda	53	57	110	
Richard Gomez	89.5	15	104.5	
Ivelys Avala	37.5	76.5	114	
Alain Iglesias	41	8	49	
Jose Calonge	50	4	54	
Giselle Sanchez	13	0	13	
Diego Michaels	20	0	20	
Karol Velasquez	17.5	0	17.5	
Emilio Marrufo	50	0	50	
Miguel Santana	40	0	40	

EXTERNAL REVIEWS AND DISCJJ>LINARY ACTIONS

HLB Gravier, LLP has performed thousands of audits in accordance with Government Auditing Standards. These audits are often subject to desk reviews and/or field reviews by various State, Federal and industty organizations including State of Florida Auditor General, Local County Office of Management and Compliance Audits, and the Florida and American Institute of Certified Public Accountants.

HLB Gravier, LLP nor any of its partners have ever been subject to any disciplinary action as a result of these reviews.

We have also reviewed your insurance requirements and have determined that our cm1'ent policies meet those requirements. HLB Gravier, LLP Cat1'ies professional liability insurance underwritten by Continental Casualty Company with a level of professional liability coverage of$ 5,000,000. Please see attachments.

Leonardo D. dravier, CPA Fim1 Managin,Partner

AUDIT ENGAGEMENTS PERFORMED

Contact information:
Todd German Board Chair
Somerset Academy, Inc. 20803 Johnson St.
Pembroke Pines, Fl. 33029 (786)-393-4455

Contact Information:
Amanda Matsumoto-Robe1ts Director of Business Operations Pinellas Preparatory Academy, Inc. 2300 S Belcher Road
Largo, FL 33771
(727)-272-2234

Contact information:
Constance Ortiz Founder
Odyssey Charter School 1755 Eldran Blvd., S.E. Palm Bay, Fl 32909
(321) 733-0442

Contact information:
Norma Garcia Director of Finance
Brooks Academy of Science and Engineering 3803 Lyster Rd
San Antonio, TX 78235 (210)-288-0288

Contact Information: Scott E. Sznitken President
Franklin Academy Foundation 1225 SE 2nd Avenue
Fort Lauderdale, FL 33316 (954) 317- 1367
Contact Information: Robe1to Blanch President
Mater Academy Inc 7901 NW 103rd St
Hialeah Gardens, FL 33016 (305)-458-0662
(954) 317- 1367

MONITORING AND COMMUNICATION

HLB Gravier, LLP understands that maintaining open lines of communication with management and the audit committee is critical in ensuring that the audit is perf01med efficiently and effectively. Because of this, HLB Gravier, LLP has developed a process that will continuously update and provide engagement supervisory personnel, including the lead partner inf01mation regarding the status of field work, preliminaiy findings including potential adjusting entries and management letter comments.

This process involves having supervisory personnel on-site at all times during field work. These persons are the engagement senior and/or manager. A detailed process for developing audit findings and adjustments has been developed to ensure that such are timely communicated to supervis01y personnel and adequately evaluated.

The process is further detailed in the section covering the management letter. On a weekly basis during field work, all staff assigned to the engagement will provide their hours and status of each individual area to their supervisor. This inf01mation will be evaluated by the senior and reviewed by the engagement manager. The results are then communicated to the engagement partner who will determine whether an adjustment to staffing, timing or approach is necessary.

MANAGEMENT LETTER
All Government audits, pursuant to Section 218.39 (4), Florida Statutes and Rule 10.550 of the Florida Auditor General, require a management letter to be prepared and included as part of each financial audit report.
A management letter shall include:

A statement we conducted our audit in accordance with auditing standards generaJly accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Chapter 10.550, Rules of the Auditor General.
A statement that we have issued our Independent Auditors' Report on Internal Control over Financial Reporting and Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance with Government Auditing Standards.
Section 10.557(3)(b), (c), (d), or (e). Rules of the Auditor General, requires that we dete1mine whether or not c01Tective actions have been taken to address findings and recommendations made in the preceding annual financial audit repo1t.
Section 10.553 Rules of the Auditor General, requires the name or official title and legal authority for the primary government and each component unit of the reporting entity.
For counties as a whole, municipalities, and special districts: Sections 10.558(1), Rules of the Auditor General, requires that we repmi the results of our determination as to whether or not the entity has met one or more of the conditions described in Section 218.503(1), Florida Statutes, and identification of the specific condition(s) met.
A statement that we applied financial condition assessment procedures for the entity. Pursuant to Sections 10.556(8) Rules of the Auditor General. If a deteriorating financial condition(s) is noted, a statement that the entity's financial condition is deteriorating and a description of conditions causing the auditor to make this conclusion. If the auditor reported that the entity met one or more of the conditions specified in Section 218.503(1), Florida Statutes (see Rule 10.554(1)(i)5.a. above), this statement shall indicate whether such condition(s) resulted from a deteriorating financial condition(s). Findings regarding deteriorating financial conditions shall be prepared in accordance with Rule 10.557(4)(b).
If appropriate, a statement indicating the failure of a special district that is a component unit of a county, municipality or special district, to provide the financial information necessary to a proper reporting of the component unit within the audited financial statements of the county, municipality, or special district. (See Section 218.39(3)(b), Florida Statutes.)
Section 10.854(1)(e)3., Rules of the Auditor General, requires that we address in the management
letter any recommendations to improve financial management
Deficiencies in internal control over major State projects that are determined to be significant deficiencies. Significant deficiencies may include reportable conditions in internal controls that are referred to in Section 215.97(8)(i), Florida Statutes. The auditor's dete1mination of whether a deficiency in internal control is a significant deficiency is in relation to a type of compliance requirement for a major State project or an audit objective identified in the compliance supplement.

Audit Findings and Reporting

HLB Gravier, LLP has developed a comprehensive audit manual covering all areas of the audit function including the flowchaii of an audit, work paper standards, audit findings and audit sampling. The following summarizes our procedures and techniques used to develop information for the management letter:

Development of Audit Findings

Definition:
A written or oral explanation of errors, weaknesses, deficiencies, adverse conditions, which are disclosed during an audit, pursuant to Section 218.39(4), Florida Statutes.

Principles for Developing a Finding:
The strength or weakness of eve1y audit finding and the co1Tective actions elicited and carried out will depend on how well the district's auditor develops and presents such evidence of criteria, cause and effect. The development of adequate information concerning criteria, cause, and effect is very important in helping the auditor arrive at logical conclusions about the conditions you report on and meaningful, specific recommendations for corrective action.
Work papers should contain the facts presented in the finding. Every finding should be supported by work paper(s),

Do not generalize and provide specific examples to explain how it weakens the control or
why it doesn't provide adequate control.

Whenever possible, combine similar or related findings into one significant finding. Doing this enables the auditor to better develop and show basic management weaknesses (causes) and more significant actual or potential adverse effects.

Attributes of a Finding

Condition:
The condition is the problem or finding itself. The condition answers the questions of what is defective, deficient or enoneous as well as the spread of the problem and the evidence to support the occurrence.

Criteria:

Criteria are standards against which you are measuring the questionable condition or performance. Published criteria may be quoted, summarized, paraphrased, depending on the length, relevance, and clarity. Some of the examples of Criteria are: laws, regulations, instructions, manuals, managerial expe1iise, and common sense.

Cause:
The cause is the underlying reason why the questionable performance or condition occurred as well as the reason for the deficiency and non-compliance. It is necessary to exert a reasonable amount of effort to get close to the real cause of the problem as possible, or at least to one of more causes which will put the finding in perspective and lead to a sensible, specific recommendation for

conective action. Some examples of cause are: lack of training, lack of communication, lack of resources, negligence, or carelessness.
Effect:
The effect of a finding is the actual or potential adverse result of the condition cited, stated in dollar or other tenns, which may not be as readily measurable. Some examples of effect are: inefficient use of resources, loss of potential income, violations of laws and regulations, and improper use of funds.

Recommendation:
Obtain enough information to f01m a sound basis for making recommendations. This means knowing enough about the causes of the problems to enable the auditor to suggest specific, meaningful actions. The findings may be resolved during the audit by management's action and, therefore, may not require an audit recommendation, in these cases, include condition and resolution only.

CONCLUSION

Trivial findings and inconsequential matters do not require reporting and can be communicated verbally to management for conection in the future. All other significant findings should be documented in the audit work papers and included in the management letter pursuant to Section 218.39, Florida Statutes and Rule 10.557(3)(b) of the Florida Auditor General.

An exit meeting is held with management to discuss any audit findings and recommendations and to obtain, where possible, resolution of the findings. The conference should be held as soon as possible after the completion of the audit work. Any finding included in the management letter must include a management's response which we will also discuss at this meeting.

We believe that proper planning and timing of the audit engagement is key to minimize the amount management letter fmdings repmied. We recommend beginning the compliance tests during interim (before the end of the fiscal year) to timely identify any significant audit matters or potential audit findings. This will serve as a "pre-audit" stage that will allow management to correct any findings and improve its internal controls before the end of the fiscal year. To assist in this process we will distribute a "pre-audit" compliance checklist and suggested controls that should be implemented before the commencement of the audit.

AUDIT APPROACH, ENGAGEMENT SCOPE AND REQUIREMENTS

ENGAGEMENT SCOPE AND REQUIREMENTS

We are making a positive commitment to audit the financial statements of the governmental activities, the business-type activities, the aggregate discretely presented component units and remaining fund information, including the related notes to the financial statements, which collectively comprise the basic financial statements, of Islands at Doral III Community Development District. as of and for the year ended September 30, 2021. Accounting standards generally accepted in the United States of America provide for certain required supplementaiy inf01mation (RSI), such as management's discussion and analysis (MD&A), to supplement Islands at Doral III Community Development District's basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. As paii of our engagement, we will apply certain limited procedures to Islands at Doral III Community Development District RSI in accordance with auditing standards generally accepted in the United States of America. These limited procedures will consist of inquiries of management regarding the methods of preparing the information and comparing the infonnation for consistency with management's responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We will not express an opinion or provide any assurance on the infmmation because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. The following RSI is required by generally accepted accounting principles and will be subjected to certain limited procedures, but will not be audited:

Management's Discussion and Analysis. Budgetary Comparison Schedules

We have also been engaged to report on supplementary infmmation other than RSI that accompanies Islands at Doral III Community Development District's financial statements. We will subject the following supplementary infonnation to the auditing procedures applied in our audit of the financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the financial statements or to the financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America, and we will provide an opinion on it in relation to the financial statements as a whole, in a separate written report accompanying our auditor's report on the financial statements.

Schedule of expenditures of federal awards.

Audit Objectives

The objectives of our audit are to obtain reasonable assurance about whether the financial statement as a whole are free from material misstatement, whether due to fraud or effor, and issue and auditor's repmt that includes our opinion about whether your financial statements are fairly presented, in all material respects, in conformity with accounting principles generally accepted in the United States of America and to report on the fairness of the supplementary information refeffed to in the second paragraph when considered in relation to the financial statements as a whole. The objective also includes reporting on-
Internal control over financial reporting and compliance with provisions of laws, regulations, contracts, and award agreements, non-compliance with which could have a material effect on the financial statements in accordance with Government Auditing Standards.

The Government Auditing Standards rep01i on internal control over financial rep01iing and on compliance and other matters will include a paragraph that states that (1) the purpose of the report is solely to describe the scope of testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance, and (2) the report is an integral pati of an audit performed in accordance with Government Auditing Standards in considering the entity's internal control and compliance. The Unifonn Guidance report on internal control over compliance will include a paragraph that states that the purpose of the repmi on internal control over compliance is solely to describe the scope of testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance. Both reports will state that the report is not suitable for any other purpose,

Our audit will be conducted in accordance with auditing standards generally accepted in the United States of America; the standards for financial audits contained in Govemment Auditing Standards, issued by the Comptroller General of the United States; and the provisions of the Uniform Guidance, and will include tests of accounting records, a detennination of major program(s) in accordance with the Unifonn Guidance, and other procedures we consider necessary to enable us to express such opinions. We will issue written repotis upon completion of our Single Audit. Our reports will be addressed to the Board of Directors oflslands at Doral III Community Development District. We cannot provide assurance that unmodified opinions will be expressed. Circumstances may arise in which it is necessaty for us to modify our opinions or add emphasis-of-matter or othet'-matter paragraphs If our opinions are other than unmodified, we will discuss the reasons with you in advance. If, for any reason, we are unable to complete the audit or are unable to fonn or have not fanned opinions, we may decline to express opinions or issue reports, or we may
withdraw from this engagementl:r'he objective of our audit is the expression of opinions as to whether your financial statements are fairly presented, in all material respects, in confo1mity with U.S. generally accepted accounting principles and to rep01i on the fairness of the supplementaiy infonnation referred to in the second paragraph when considered in relation to the financial statements as a whole.

Management Responsibilities

Management is responsible for (1) establishing and maintaining effective internal controls, including internal controls over federal awards, and for evaluating and monitoring ongoing activities, to help ensure that appropriate goals and objectives are met; (2) following laws and regulations; (3) ensuring that there is reasonable assurance that government programs are administered in compliance with compliance requirements; and (4) ensuring that management and financial information is reliable and properly rep01ied. Management is also responsible for implementing systems designed to achieve compliance with applicable laws, regulations, contracts, and grant agreements.You are also responsible for the selection and application of accounting principles; for the preparation and fair presentation of the financial statements, schedule of expenditures of federal awards, and all accompanying information in conformity with U.S. generally accepted accounting principles; and for compliance with applicable laws and regulations (including federal statutes) and the provisions of contracts and grant agreements (including award agreements). Your responsibilities also include identifying significant contractor relationships in which the contractor has responsibility for program compliance and for the accuracy and completeness of that information.

Management is also responsible for making all financial records and related infonnation available to us and for the accuracy and completeness of that information. You are also responsible for providing us with (1) access to all information of which you are aware that is relevant to the preparation and fair presentation of the financial statements, (2) access to personnel, accounts, books, records, supporting documentation, and other info1mation as needed to perfmm an audit under the Uniform Guidance, (3) additional information
! l

that we may request for the purpose of the audit, and (4) unrestricted access to persons within the government from whom we determine it necessary to obtain audit evidence.

Your responsibilities include adjusting the financial statements to conect material misstatements and confirming to us in the management representation letter that the effects of any uncorrected misstatements aggregated by us during the current engagement and pe1iaining to the latest period presented are immaterial, both individually and in the aggregate, to the financial statements as a whole.

You are responsible for the design and implementation of programs and controls to prevent and detect fraud, and for informing us about all known or suspected fraud affecting the government involving (1) management, (2) employees who have significant roles in internal control, and (3) others where the fraud could have a material effect on the financial statements. Your responsibilities include informing us of your knowledge of any allegations of fraud or suspected fraud affecting the government received in communications from employees, former employees, grantors, regulators, or others. In addition, you are responsible for identifying and ensuring that the government complies with applicable laws, regulations, contracts, agreements, and grants. Management is also responsible for taking timely and appropriate steps to remedy fraud and noncompliance with provisions of laws, regulations, contracts, and grant agreements, or abuse that we repmi. Additionally, as required by the Uniform Guidance, it is management's responsibility to evaluate and monitor noncompliance with federal statutes, regulations, and the terms and conditions offederal awards; take prompt action when instances of noncompliance are identified including noncompliance identified in audit findings; promptly follow up and take corrective action on reported audit findings; and prepare a summary schedule of prior audit findings and a separate c01Tective action plan. The summary schedule of prior audit findings should be available for our review on commencement of the subsequent year audit.

You are responsible for identifying all federal awards received and understanding and complying with the compliance requirements and for the preparation of the schedule of expenditures of federal awards (including notes and noncash assistance received) in conformity with the Uniform Guidance. You agree to include our repo1i on the schedule of expenditures of federal awards in any document that contains and indicates that we have reported on the schedule of expenditures of federal awards. You also agree to [include the audited financial statements with any presentation of the schedule of expenditures offederal awards that includes our report thereon or make the audited financial statements readily available to intended users of the schedule of expenditures of federal awards no later than the date the schedule of expenditures offederal awards is issued with our report thereon]. Your responsibilities include acknowledging to us in the written representation letter that (1) you are responsible for presentation of the schedule of expenditures of federal awards in accordance with the Uniform Guidance; (2) you believe the schedule of expenditures of federal awards, including its fonn and content, is stated fairly in accordance
with the Uniform Guidance; (3) the methods of measurement or presentation have not changed from those used in the prior period (or, if they have changed, the reasons for such changes); and (4) you have disclosed to us any significant assumptions or interpretations underlying the measurement or presentation of the schedule of expenditures offederal awards.

You are also responsible for the preparation of the other supplementary infonnation, which we have been engaged to report on, in confom1ity with U.S. generally accepted accounting principles. You agree to include our report on the supplementary infonnation in any document that contains, and indicates that we have reported on, the supplementary information. You also agree to [include the audited financial statements with any presentation of the supplementary information that includes our report thereon OR make the audited financial statements readily available to users of the supplementary information no later than the date the supplementary information is issued with our report thereon]. Your responsibilities include acknowledging to us in the written representation letter that (1) you are responsible for presentation of the supplementaiy inf01mation in accordance with GAAP; (2) you believe the supplementary information,

including its form and content, is fairly presented in accordance with GAAP; (3) the methods of measurement or presentation have not changed from those used in the prior period (or, if they have changed, the reasons for such changes); and (4) you have disclosed to us any significant assumptions or interpretations underlying the measurement or presentation of the supplementary information.

Management is responsible for establishing and maintaining a process for tracking the status of audit findings and recommendations. Management is also responsible for identifying, and providing report copies of previous financial audits, attestation engagements, perfonnance audits, or other studies related to the objectives discussed in the Audit Objectives section of this letter. This responsibility includes relaying to us corrective actions taken to address significant findings and recommendations resulting from those audits, attestation engagements, performance audits, or studies. You are also responsible for providing management's views on our cmTent findings, conclusions, and recommendations, as well as your planned corrective actions, for the report, and for the timing and f01mat for providing that information.ae

You agree to assume all management responsibilities relating to the financial statements, schedule of expenditures of federal awards, and related notes, and any other non-audit services we provide. You will be required to acknowledge in the management representation letter our assistance with preparation of the financial statements, schedule of expenditures of federal awards, and related notes and that you have reviewed and approved the financial statements, schedule of expenditures of federal awards, and related notes prior to their issuance and have accepted responsibility for them. Further, you agree to oversee the non-audit services by designating an individual, preferably from senior management, with suitable skill, knowledge, or experience; evaluate the adequacy and results of those services; and accept responsibility for them.

Audit Procedures - General

An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the fmancial statements; therefore, our audit will involve judgment about the number of transactions to be examined and the areas to be tested. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We will plan and pe1form the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether from (1) errors, (2) fraudulent financial rep01ting, (3) misappropriation of assets, or (4) violations of laws or governmental regulations that are attributable to the government or to acts by management or employees acting on behalf of the government. Because the determination of abuse is subjective, Government Auditing Standards do not expect auditors to provide reasonable assurance of detecting abuse.

Because of the inherent limitations of an audit, combined with the inherent limitations of internal control, and because we will not pe1fo1m a detailed examination of all transactions, there is a risk that material misstatements or noncompliance may exist and not be detected by us, even though the audit is properly planned and performed in accordance with U.S. generally accepted auditing standards and Government

ENGAGEMENT SCOPE AND REQUIREMENTS (Continued)

Auditing Standards. In addition, an audit is not designed to detect immaterial misstatements or violations of laws or governmental regulations that do not have a direct and material effect on the financial statements or on major programs. However, we will inf01m the appropriate level of management of any material enors, any fraudulent financial rep01ting, or misappropriation of assets that come to our attention."• 0 We will also infotm the appropriate level of management of any violations of laws or governmental regulations that come to our attention, unless clearly inconsequential and of any material abuse that comes to our attention., y,;

We will include such matters in the rep01is required for a Single Audit. Our responsibility as auditors is limited to the period covered by our audit and does not extend to any later periods for which we are not engaged as auditors.

Our procedures will include tests of documentary evidence suppo1iing the transactions recorded in the accounts and may include tests of the physical existence of inventories, and direct confirmation of receivables and ce1iain other assets and liabilities by co1Tespondence with selected individuals, funding sources, creditors, and financial institutions. We will request written representations from your attorneys as part of the engagement, and they may bill you for responding to this inquiiy. At the conclusion of our audit, we will require certain written representations from you about your responsibilities for the financial statements; schedule of expenditures of federal awards; federal award programs; compliance with laws, regulations, contracts, and grant agreements; and other responsibilities required by generally accepted auditing standards

Audit Procedures - Internal Controls

Our audit will include obtaining an understanding of the government and its environment, including internal control, sufficient to assess the risks of material misstatement of the financial statements and to design the nature, timing, and extent of fmiher audit procedures. Tests of controls may be perfonned to test the effectiveness of certain controls that we consider relevant to preventing and detecting errors and fraud that are material to the financial statements and to preventing and detecting misstatements resulting from illegal acts and other noncompliance matters that have a direct and material effect on the financial statements. Our tests, if performed, will be less in scope than would be necessary to render an opinion on internal control and, accordingly, no opinion will be expressed in our report on internal control issued- pursuant to Government Auditing Standards.

As required by the Uniform Guidance, we will perform tests of controls over compliance to evaluate the effectiveness of the design and operation of controls that we consider relevant to preventing or detecting material noncompliance with compliance requirements applicable to each major federal award program. However, our tests will be less in scope than would be necessary to render an opinion on those controls and, accordingly, no opinion will be expressed in our report on internal control issued pursuant to the Uniform Guidance.

An audit is not designed to provide assurance on internal control or to identify significant deficiencies or material weaknesses. Accordingly, we will express no such opinion. However, during the audit, we will communicate to management and those charged with governance internal control related matters that are required to be communicated under AICPA professional standards, Government Auditing Standards, and the Uniform Guidance.

Audit Procedures-Compliance

As part of obtaining reasonable assurance about whether the financial statements are free of material misstatement, we will perfonn tests of Islands at Doral III Community Development District. compliance with provisions of applicable laws, regulations, contracts, and agreements, including grant agreements. However, the objective of our audit will not be to provide an opinion on overall compliance and we will not express such an opinion in our rep01i on compliance issued pursuant to Government Auditing Standards.

The Uniform Guidance requires that we also plan and perfo1m the audit to obtain reasonable assurance about whether the auditee has complied with federal statutes, regulations, and the terms and conditions of federal awards applicable to major programs. Our procedures will consist of tests of transactions and other

applicable procedures described in the 0MB Compliance Supplement for the types of compliance requirements that could have a direct and material effect on each of Islands at Doral III Community Development District's major programs. The purpose of these procedures will be to express an opinion on Islands at Doral III Community Development District's compliance with requirements applicable to each of its major programs in our repmt on compliance issued pursuant to the Unifmm Guidance.

We will also assist in preparing the financial statements and related notes oflslands at Doral III Community Development District in confmmity with U.S. generally accepted accounting principles based on information provided by you. These non-audit services do not constitute an audit under Government Auditing Standards and such services will not be conducted in accordance with Government Auditing Standards.Y We will perfmm the services in accordance with applicable professional standards. The other services are limited to the financial statement services previously defined. We, in our sole professional judgment, reserve the right to refuse to perfmm any procedure or take any action that could be construed as assuming management responsibilities.

Engagement Administration, Fees, and Other

We may from time to time and depending on the circumstances, use third-party service providers in serving your account. We may share confidential info1mation about you with these service providers but remain committed to maintaining the confidentiality and security of your info1mation. Accordingly, we maintain internal policies, procedures, and safeguards to protect the confidentiality of your personal information. In addition, we will secure confidentiality agreements with all service providers to maintain the confidentiality of your information and we will take reasonable precautions to determine that they have appropriate procedures in place to prevent the unauthorized release of your confidential information to others. In the event that we are unable to secure an appropriate confidentiality agreement, you will be asked to provide your consent prior to the sharing of your confidential information with the third-pmty service provider. Furthermore, we will remain responsible for the work provided by any such third-party service providers.

We understand that your employees will prepare all cash, accounts receivable, or other confirmations we request and will locate any documents selected by us for testing.

We will provide copies of our reports to the Board of Directors; however, management is responsible for distribution of the repmts and the financial statements. Unless restricted by law or regulation, or containing privileged and confidential info1mation, copies of our reports are to be made available for public inspection.

The audit documentation for this engagement is the property of HLB Gravier, LLP and constitutes confidential info1mation. However, subject to applicable laws and regulations, audit documentation and appropriate individuals will be made available upon request and in a timely manner to the appropriate cognizant or oversight agency or its designee, a federal agency providing direct or indirect funding, or the
U.S. Government Accountability Office for purposes of a quality review of the audit, to resolve audit findings, or to cany out oversight responsibilities. We will notify you of any such request. If requested, access to such audit documentation will be provided under the supervision of HLB Gravier, LLP personnel. Fmthe1more, upon request, we may provide copies of selected audit documentation to the aforementioned pmties. These parties may intend, or decide, to distribute the copies or information contained therein to others, including other governmental agencies.

The audit documentation for this engagement will be retained for a minimum of five years after the repo1t release date or for any additional period requested by the appropriate Cognizant Agency, Oversight Agency for Audit, or Pass-through Entity. If we are aware that a federal awarding agency, pass-through entity, or
)j

auditee is contesting an audit finding, we will contact the party (ies) contesting the audit finding for guidance prior to destroying the audit documentation.

Our fee for these services will be agreed upon before engagement acceptance. Our standard hourly rates vary according to the degree of responsibility involved and the experience level of the personnel assigned to your audit. Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate before we incur the additional costs.

AUDITOR STATEMENTS

Policy on Privacy and Security of Financial Information

In order to assist the organization in maintaining privacy of financial information, HLB Gravier, LLP hereby warrants that it has adopted appropriate and commercially reasonable security measures to achieve the objectives set forth herein, and these security measures are at least as stringent as those used to safeguard HLB Gravier, LLP's own private information.

HLB Gravier, LLP will take all reasonable and appropriate measures to ensure the security and confidentiality of the organization and shall not disclose, nor permit, access to the private information of the organization or its beneficiaries for any purpose other than those specifically required to fulfill HLB Gravier, LLP's contractual obligations with the organization.

Work Paper Retention Policy and Access to Wm-king Papers

The audit documentation for this engagement is the property of HLB Gravier, LLP and constitutes confidential infmmation. The work papers are located at our offices or are held in storage for a period of seven years. However, pursuant to authority given by law or regulation, we may be requested to make certain audit documentation available to a Federal, State or Local agency providing direct or indirect funding, for purposes of a quality review of the audit, to resolve audit findings, or to can-y our oversight responsibilities.

We will notify you of any such request. If requested, access to such audit documentation will be provided under the supervision of HLB Gravier, LLP personnel. Furthermore, upon request, we may provide copies of selected audit documentation to the aforementioned parties. These parties may intend, or decide, to distribute the copies or information contained therein to others, including governmental agencies.

Technology Platform

HLB Gravier, LLP utilizes ProSystem fx Engagement software from CCH. In addition to providing numerous tools for planning, documenting and risk assessing audits, the software ensures the security and privacy of our work papers and PPC Smart Tools. HLB Gravier, LLP also utilizes Practitioners Publishing Company's industry audit guides and e-tools, a software program that provides electronic internal control documentation forms, questionnaires, practice aids and audit programs.

Each HLB Gravier, LLP staff is provided with a laptop computer that includes Microsoft Office, Excel, and Word. Each laptop includes wireless capabilities to allow for greater access to internet connections at client locations. This allows staff to conduct internet-based research instantly and utilize the resources provided in the web pages of the various industry providers such as the AICPA and FICPA.

AUDIT GENERAL PHILOSOPHY, TIMING, APPROACH AND METHODOLOGY

An independent financial statement audit is conducted by a registered public accounting firm. It includes examining, on a test basis, evidence supporting the amounts and disclosures in the company's financial statements, an assessment of the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation to form an opinion on whether the financial statements taken as a whole are free of material misstatement.

The independent auditor's overarching goal is to provide financial statement users with reasonable­ but not absolute-assurance that the financial statements prepared by management are fairly presented. To communicate that assurance, the independent auditor provides a report that includes an opinion about whether the company's financial statements are fairly presented, in all material respects, in conformity with U.S. generally accepted accounting principles (GAAP).

Pre- Audit (Planning)

Reasonable Assurance and Materiality
All audits are guided by two important factors: reasonable assurance and materiality. These two factors impact the way in which the independent auditor examines, on a test basis, transactions that occurred and controls which functioned during the year. The extent or scope of the testing is also driven by the auditor's risk assessment. Because it is not practical for independent auditors to examine every transaction, control and event, there is no guarantee that all material misstatements, whether caused by error or fraud, will be detected. Instead, the audit is designed to provide a level of assurance that is reasonable but not absolute.

The concept of materiality is applied in planning and performing the audit, in evaluating the effect of any identified misstatements, and in forming the opinion included in the independent auditor's report. Determining materiality involves both quantitative and qualitative considerations. The determination of materiality is a matter of professional judgment and is affected by the independent auditor's assessment.

Assembling the Right Engagement Tearn
To properly carry out its responsibilities, the audit firm assembles a team of independent auditors that has the skill and knowledge commensurate with the needs of the engagement. Audit team members are then assigned areas of responsibility that are appropriate based on their capabilities. We have assembled a dedicated and specialized engagement team with the necessary charter school experience to meet your needs.

Assessing a Company's Risks that the Financial Statements Contain Material Misstatements

Every financial statement audit engagement presents a different set of challenges to an audit firm. No two
Organizations are the same and therefore the independent auditor must tailor the audit to each
company, based on the specific risks identified. The design of an effective audit plan depends on the audit team's ability to identify and assess the risk that the financial statements contain a material misstatement, whether caused by error or fraud. Our process includes:

Obtaining an understanding of the organization and the environment in which it operates.
Considering information gathered during the engagement acceptance and continuance evaluation, audit planning activities, prior audits.

Obtaining an understanding of the company's internal control over financial reporting.
Performing analytical procedures.
Inquiries of management and the audit committee regarding whether management has knowledge of fraud.

Developing an Audit Strategy

With a mindset of professional skepticism, independent auditors seek to gather sufficient, appropriate audit evidence to support their opinion about the financial statements. Because the facts and circumstances of and audit typically vary dramatically between companies, the standards describe a principles-based process and provide guidance to help independent auditors use their judgment in the application of these principles on a particular engagement.

Choosing Audit Procedures

In designing the audit strategy, judgments are made in the selection of the auditing procedures to be performed (see below). In doing so, the independent auditor considers three factors: nature, timing and extent of procedures. Procedures to be selected include the following:

Conclusion

Professional standards define certain requirements and provide broad guidelines about the evaluation of audit evidence. However, the independent auditor also is required to exercise professional judgment to determine the nature and amount of evidence required to support the audit opinion.

When the independent auditor discovers misstatements in the accounting records or financial statements, he or she informs company management, who then decide whether and how to make any adjustments. Management bears the ultimate responsibility for the financial statements and may determine that some misstatements are immaterial in their judgment and do not warrant a change to the financial statements. The audit team summarizes any uncorrected misstatements and performs an independent evaluation as to whether the uncorrected misstatements-both individually and in the aggregate-result in financial statements that are materially misstated.

Independent auditors document the procedures performed, evidence obtained, and conclusions reached.

At the conclusion of the audit, the independent auditor issues the audit report. This report contains three main elements:

An introduction that identifies the financial statements that were audited and the division of responsibility between the independent auditor and management.
A discussion of the scope of the engagement, which describes the nature of the audit.
The independent auditor's opinion on the financial statements.

If the independent auditor concludes that the financial statements, taken as a whole, "present fairly, in all material respects," the financial position and results of operations in accordance with the appropriate financial reporting framework

Communications

In addition, to the management letter communication pursuant to Florida Statutes and Rules of the Auditor General, described in a previous section, auditing standards require to discuss the following with the audit committee:

Significant accounting policies, especially the effect of those policies in controversial or emerging areas for which proper accounting treatment has yet to be established.

The process used by management to make significant accounting estimates and how the independent auditor determined that those estimates were reasonable.

The independent auditor's judgment about the quality, not just the acceptability, of the organization's accounting policies.

Difficulties encountered in dealing with management related to the performance of the audit. Uncorrected misstatements and corrected material misstatements.
Any disagreements with management, whether or not satisfactorily resolved, about matters that individually or in the aggregate could be significant to the entity's financial statements or the independent auditor's report.

Significant matters that were the subject of consultation when the independent auditor is aware of management's consultation with other accountants about auditing and accounting matters.

Other matters a rising from the audit that the auditor believes to be significant to the oversight of the financial reporting process.

TIMELINE

In order to ensure timely submission of the financial statements, we have developed the timeline below for the Islands at Doral III Community Development District

Preliminary Field Work (Beginning immediately after execution of a professional services contract)
During the preliminary field work, compliance with contractual agreements and policies will be tested. A preliminary list of required items for testing will be sent upon execution of professional services contract.

General Field Work

We have developed audit programs specifically tailored to charter schools and not-for-profit audits. These programs will be refined for the audit based on the results of planning. All audit fieldwork will be completed by August 20th of each year. A preliminary list of required items will be sent upon execution of execution of professional services contract.

Segmentation - We will perform cross-program testing wherever feasible. Our audit workpapers will be arranged by account or transaction type. Compliance testing of major and nonmajor programs will be summarized.

AUDIT GENERAL PIDLOSOPHY, TIMING, APPROACH AND METHODOLOGY (continued)

Sampling - Our firm uses computer generated random number sampling techniques, with additional stratification of large populations that have a wide range of dollar values. This method will be used to test cash disbursements and participant files. The size of our sample will depend on our annual evaluation of the District's internal control structure and audit risk, as discussed under the Audit Approach, and Engagement Scope and Requirements section of this work plan.

Analytical Review - We will consider reliance on analytical review procedures in areas where we feel they are appropriate.

Compliance, Laws, and Regulations - Government Auditing Standards require that our audit be designed to provide reasonable assurance that your financial statements are free of material misstatements resulting from violations of laws and regulations that have a direct and material effect on the determination of financial statement amounts. Therefore, financial and administrative activity will be tested for compliance if required under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), as applicable. We will review any revisions to state statutes and regulations during the planning phase of our audit.

ID.	ReviewWork

After the completion of field work, all audit workpapers will be subject to our quality review procedures. This involves review of all work performed by the audit manager and by the engagement partner. All audit reports and letters will be subject to the same quality review procedures, with additional involvement with the engagement pminer.

Final Submission

The final financial statements, including the Management Letter required by chapter 10.5550 of the rules of the Auditor General of the State of Florida, will be issued before June 30th in order to be in compliance with the County Agreement.

Approach to Subsequent Years

Our plans for renewal option years would begin with a review meeting with your governing board to discuss the performance and execution of the prior year's audit. Together we will discuss areas where efficiencies could be realized, timetables adjusted and the level at which we could meet your expectations. A revised work plan, approach and timetable would be established for the subsequent year as a product of this evaluation meeting.

We are available to audit subsequent years. Our experience in auditing governmental entities is that the approach to subsequent year audits is built on the foundation established in the initial year. We will be familiar with your policies, procedures and management structure, which minimizes the time and audit organization required in a first year engagement.

Availability

HLB Gravier, LLP confirms our ability and willingness to commit and maintain our dedicated engagement team, both in number and in level, to successfully conclude the audit examination within the stated time constraints. We have the necessary availability of the partners, managers and staff to meet with management and the board of directors on any material matters that could affect the financial position or result of operations.

Exit Conference and Oral Presentation

Ordinarily the exit conference is held with management and a board of directors' representative.

The purpose of the conference is to discuss the audit findings, adjustments and audit opinion prior to the issuance of the audit report and to obtain, where possible, resolution of the findings. The conference is held as soon as possible after the completion of the audit work. At this conference, the auditor presents all the findings and recommendations, both those that will appear in the audit rep01t, and those, which are for discussion only. Management is given the oppo1tunity to respond to the findings before the audit rep01t is issued. Refer to section on Management Letter.

In addition, we will make a formal oral presentation at the scheduled board of directors meeting to summarize and discuss the results of our audit.

AVAILABILITY OF PROPOSER

HLB Gravier, LLP confinns our ability and willingness to commit and maintain staffing, both in number and level, to successfully conclude the audit examination within the stated time constraints. We have the necessary availability of the pminers, managers and staff to meet with management and the board of directors on any material matters that could affect the financial position or result of operations.

	

\

Leonardo D. fravier, CPA Firm Managing Pmtner

�

Jose M. lglesias, CPA
Engagement Pmtner

PARTNER ROTATION

Our finn has adopted Section 203 of the Sarbanes Oxley act of 2002 as a 'best practice' policy regarding paiiner rotation. Accordingly, our policy is to rotate the lead partner on the engagement at least eve1y five years.

		
Islands at Doral ID Community Development District	Financial Audit Fee Notto
Exceed	
Year Ending September 30th ,2021	$5,000	
Year Ending September 30th2022	$5,500	
Year Ending September 3Qth, 2023	$6,000	
Year Ending September 30th2024	$6,500	
Year Ending September 30th 2025	$7,000	

It is not the policy of HLB Gravier, LLP to charge out-of-pocket expenses unless extraordinaiy or unusual. We do not anticipate incurring any extraordinaiy or unusual out-of-pockets expenses associated with this engagement. Our projected fees assume no significant changes in the organization's size, complexity or structure.
Our fee for these services will be fixed at the rates listed above. Our invoices for these fees will be rendered each month as work progresses and are payable on presentation. The above fee is based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will not be encountered during the audit. If significant additional time is necessary, we will discuss it with you and arrive at a new fee estimate before we incur the additional costs.

ATTACHMENTS

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1,

Ron DeSanlls, Governor

r

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	DATE (MM/DD/YYYY)
3/2/2021	
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REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.	
IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy{les) must be endorsed. If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the
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PRODUCER	CONTACT
NAME:					
RSC Insurance Brokerage, Inc,	PHONE
IA/C No Extl:	(305) 446-2271		Nol:	(305) 448-3127	
3350 S Dixie Hwy	�j\'10��ss,MIA-Certificates@risk-strategies.com	
	INSURERIS) AFFORDING COVERAGE	NAIC #	
Miami	FL  33133	INSURER A: Sentinel Ins. Co.	11000	
INSURED		INSURERB:		
Hlb Gravier, Llp.		INSURERC:		
396  Alharobra Circle- #900		INSURERD:		
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Coral Gables	FL	33134	INSURER F:		

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INSR
LTR	TYPE OF INSURANCE	ADDL
,.,on	SUBR
""'"	POLICY NUMBER	POLICY EFF
IMM/DD/YYYY\	POLICYEXP
IIMMIDD/YYYY\	LIMITS	

A

Fl	- X
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D CLAIMS-MADE  WoccuR	

X		

21SBABU7022	

2/20/2021	

2/20/2022	EACH OCCURRENCE	$	1,000,000	
								DAMAGe TO RENTED
PREMISES /Ea occurrence\	$	1,000,000	
								MED EXP (Any one person)	$	10,000	
								PERSONAL & ADV INJURY	$	1,000,000	
	-
GEN'L AGGRE□GATE LIMIT APP□LIES PER: POLICY	m?r	LOC
OTHER:						GENERAL AGGREGATE	$	2,000,000	
							PRODUCTS - COMP/OP AGG	$	2,000,000	
								$	
	AUTOMOBILE LIABILITY						fE����d��,f INGLE LIMIT	$	
	-1--
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		ALL OWNED AUTOS
HIRED AUTOS	-	SCHEDULED AUTOS
NON-OWNED AUTOS						BODILY INJURY (Per accident)	$	
										rp��:�c�J.;,,RAMAGE	$	
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A	X
1--	UMBRELLA LIAB	NOCCUR
EXCESS LIAB	CLAIMS-MADE			

21SBABU7022	

2/20/2021	

2/20/2022	EACH OCCURRENCE	$	2,000 000
2,000,000	
								AGGREGATE	$		
		OED I X I RETENTION $	10,000							$	
	WORKERS COMPENSATION
ANY PROPRIETOR/PARTNER/EXECUTIVE  □
AND EMPLOYERS' LIABILITY	YIN
OFFICER/MEMBER EXCLUDED?
(Mandalory In NH}
If yes, describe under
DESCRIPTION OF OPERATIONS below	

N/A					I��fruTE I	IOTH-
ER		
							E.L. EACH ACCIDENT	$	
							E.L. DISEASE - EA EMPLOYEE	$	
							E.L. DISEASE - POLICY LIMIT	$	
A	Property Section			21SBABU7022	2/20/2021	2/20/2022	SEE	NOTEPAD	
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CANCELLATION

396 Alhambra AND CBRE, Inc.
AND PNC Bank N.A
396 Alhambra Circle, Suite 204
Coral Gables, FL	33134	
SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS.	
	AUTHORIZED REPRESENTATIVE		

I	R Ins. Brokerage/MARP	rf%L:t:.-4L..Jrc	

ACORD 25 (2014/01)
INS025(201401}

© 1988-2014 ACORD CORPORATION, All rights reserved,
The ACORD name and logo are registered marks of ACORD

COMMENTS/REMARKS	

Property Coverage Company (A)
Policy Number: 21SBABU7022 Effective Date: 02/20/21 - 02/20/22 Special Form/ Replacement Cost/ No Co-Insurance
Location: 369 Alhambra Unit #900, Miami, FL 33134

Business Personal Property: $357,000 Deductible: *$1,000 Improvements & Betterments: $635,725 Deductible: *$1,000
Business Income w/Extra Expense: Actual Loss Sustained, 12 Month Limit Deductible: 72 Hours
* 5% Wind and Hail Deductible	
OFREMARK	COPYRIGHT 2000, AMS SERVICES INC.	

■

 I
A0VIS0f�Y TAX AUDIT

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REPORT ON THE FIRM'S SYSTEM OF QUALITY CONTROL

February 24, 2020

To the Members of HLB Gravier, LP
and the AICPA National Peer Review Committee

We have reviewed the system of quality control for the accounting and auditing practice of HLB Gravier, LLP (the firm) applicable to engagements not subject to PCAOB permanent inspection in effect for the year ended August 31, 2019. Our peer review was conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established by the Peer Review Board of the American Institute of Certified Public Accountants (Standards).

A summary of the nature, objectives, scope, limitations of, and the procedures performed in a System Review as described in the Standards may be found at www.aicpa.org/prsummary. The summary also includes an explanation of how engagements identified as not performed or reported in conformity with applicable professional standards, if any, are evaluated by a peer reviewer to determine a peer review rating.

Firm's Responsibility
The firm is responsible for designing a system of quality control and complying with it to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. The firm is also responsible for evaluating actions to promptly remediate engagements deemed as not performed or reported in conformity with professional standards, when appropriate, and for remediating weaknesses in its system of quality control, if any.

Peer Reviewer's Responsibility
Our responsibility is to express an opinion on the design of the system of quality control and the firm's compliance therewith based on our review.

Required Selections and Considerations
Engagements selected for review included engagements performed under Government Auditing Standards, including a compliance audit under the Single Audit Act; an audit of an employee benefit plan and an audit of a broker-dealer.

As a part of our peer review, we considered reviews by regulatory entities as communicated by the firm, if applicable, in determining the nature and extent of our procedures.

Opinion
In our opinion, the system of quality control for the accounting and auditing practice of HLB Gravier, LLP applicable to engagements not subject to PCAOB permanent inspection in effect for the year ended August 31, 2019, has been suitably designed and complied with to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Firms can receive a rating of pass, pass with deficiency(ies) or fail. HLB Gravier, LLP has received a peer review rating of pass.

WithumSmith+BroVfn, PC

■

 I
AOVISOHY TAX AUDIT

REPORT ON THE FIRM'S SYSTEM OF QUALITY CONTROL

February 24, 2020

To the Members of HLB Gravier, LP
and the AICPA National Peer Review Committee

We have reviewed the system of quality control for the accounting and auditing practice of HLB Gravier, LLP (the firm) applicable to engagements not subject to PCAOB permanent inspection in effect for the year ended August 31, 2019. Our peer review was conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established by the Peer Review Board of the American Institute of Certified Public Accountants (Standards).

A summary of the nature, objectives, scope, limitations of, and the procedures performed in a System Review as described in the Standards may be found at www.aicpa.org/prsumrnary. The summary also includes an explanation of how engagements identified as not performed or reported in conformity with applicable professional standards, if any, are evaluated by a peer reviewer to determine a peer review rating.

Firm's Responsibility
The firm is responsible for designing a system of quality control and complying with it to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. The firm is also responsible for evaluating actions to promptly remediate engagements deemed as not performed or reported in conformity with professional standards, when appropriate, and for remediating weaknesses in its system of quality control, if any.

Peer Reviewer's Responsibility
Our responsibility is to express an opinion on the design of the system of quality control and the firm's compliance therewith based on our review.

Required Selections and Considerations
Engagements selected for review included engagements performed under Government Auditing Standards, including a compliance audit under the Single Audit Act; an audit of an employee benefit plan and an audit of a broker-dealer.

As a part of our peer review, we considered reviews by regulatory entities as communicated by the firm, if applicable, in determining the nature and extent of our procedures.

Opinion
In our opinion, the system of quality control for the accounting and auditing practice of HLB Gravier, LLP applicable to engagements not subject to PCAOB permanent inspection in effect for the year ended August 31, 2019, has been suitably designed and complied with to provide the firm with reasonable assurance of performing and reporting in conformity with applicable professional standards in all material respects. Firms can receive a rating of pass, pass with deficiency(ies) or fail. HLB Gravier, LLP has received a peer review rating of pass.

WithumSmith+Brown, PC

Peer Review Program
A(iministerecl by !Ile l'Jatlonai Peer Review Committee

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April 14, 2020

Leonardo Gravier HLB Gravier, LLP
396 Alhambra Cir Ste 900 Coral Gables, FL 33134-5095

Dear Leonardo Gravier:

It is my pleasure to notify you that on April 08, 2020, the National Peer Review Committee accepted the report on the most recent System Review of your firm. The due date for your next review is February 28, 2023. This is the date by which all review documents should be completed and submitted to the administering entity. Since your due date falls between January and April, you can arrange to have your review a few months earlier to avoid having a review during tax season.

As you know, the report had a peer review rating of pass. The Committee asked me to convey its congratulations to the firm.

Thank you for your cooperation. Sincerely,
¥'did�

Michael Fawley Chair, National PRC nprc@aicpa.org
+1.919.402.4502

ram
Peer Review Cornn1ittee

April 14, 2020

Leonardo Gravier HLB Gravier, LLP
396 Alhambra Cir Ste 900 Coral Gables, FL 33134-5095

Dear Leonardo Gravier:

It is my pleasure to notify you that on April 08, 2020, the National Peer Review Committee accepted the report on the most recent System Review of your firm. The due date for your next review is February 28, 2023. This is the date by which all review documents should be completed and submitted to the administering entity. Since your due date falls between January and April, you can arrange to have your review a few months earlier to avoid having a review during tax season.

As you know, the report had a peer review rating of pass. The Committee asked me to convey its congratulations to the firm.

Thank you for your cooperation. Sincerely,
/tuku!�

Michael Fawley Chair, National PRC nprc@aicpa.org
+1.919.402.4502

MEMORANDUM
TO:	District Manager

FROM:	Billing, Cochran, Lyles, Mauro & Ramsey, P.A. District Counsel

DATE:	July 16, 2021

RE:	2021 Legislative Update

As District Counsel, throughout the year we continuously monitor pending legislation that may be applicable to the governance and operation of our Community Development District and other Special District clients. It is at this time of year that we summarize those legislative acts that have become law during the most recent legislative session, as follows:

Chapter 2021-226, Laws of Florida (HB 1103). This legislation requires independent special fire control districts and hospital districts to engage independent firms to conduct performance reviews beginning October 1, 2022 and October 1, 2023, respectively, and every five years thereafter. This legislation also requires all independent mosquito control districts and soil and water conservation districts to undergo a performance review conducted by The Office of Program Policy Analysis and Government Accountability (OPPAGA). OPPAGA must submit the performance reviews of the districts by September 30, 2023, for independent mosquito districts and by September 30, 2024, for soil and water conservation districts. This law also requires annual financial reports and annual audit reports for all special districts to identify separately:
The total number of district employees compensated in the last pay period of the fiscal year;
The total number of independent contractors paid in the last month of the fiscal year;
All compensation earned by employees;
All compensation earned by contractors;
	Each construction project with a total cost of at least $65,000 approved by the district to begin after October 1 of the fiscal year being reported and the total expenditures for the project;
	A budget variance report showing how district spending compared to the original budget for the year; and
	For independent special district that levies ad valorem taxes or non-ad valorem special assessments, include the rates, total amount collected, total amount and terms of outstanding bonds.
Finally, this act clarifies that community redevelopment agencies with revenues or expenses greater than $100,000 must conduct an annual financial audit separate from the annual financial report of the county or municipality that created the agency. The effective date of this act is October 1, 2021.
Chapter 2021-17, Laws of Florida (HB 35). This law modifies the criteria that a newspaper must satisfy to publish legal notices.  This law also gives government agencies,

including special districts, the option to publish legal notices on the website of a qualified newspaper and on Florida Press Association's (FPA) repository website under specified conditions. Finally, this legislation requires the FPA to ensure that minority populations have equitable access to legal notices posted on the FPA's repository website and requires the FPA to publish a report containing specified information. The effective date of this act is January 1, 2022.

Chapter 2021-1, Laws of Florida (SB 72). This Act creates Sections 768.38 and 768.381, Florida Statutes. Section 768.38 is the statute relevant to our special district clients. It specifies requirements for COVID-19-related civil actions/claims, provides that the plaintiff has the burden of proof in such actions, and provides that if the court determines that the defendant made a good faith effort to substantially comply with authoritative or controlling government- issued health standards or guidance at the time the cause of action accrued, the defendant is immune from civil liability. If the court determines that the defendant did not make such a good faith effort, the plaintiff is authorized to proceed with his/her action; however, the defendant will only be liable for an act or omission relating to a COVID-19-related claim if gross negligence is proven by clear and convincing evidence. The effective date of this act is March 29, 2021.

Chapter 2021-168, Laws of Florida (SB 64). Section 1 of this legislation amends Section. 403.064, Florida Statutes, and requires domestic wastewater utilities that dispose of effluent, reclaimed water, or reuse water by surface water discharge to create a timeline and plan to eliminate nonbeneficial surface water within five years. Section 2 of the legislation creates section. 403.892, Florida Statutes, to provide incentives for using greywater technologies. The legislation requires counties, municipalities, and special districts to promote the beneficial reuse of water, and the reuse of reclaimed water for irrigation purposes. The effective date of this act is June 29, 2021

Chapter 2021-63, Laws of Florida (HB 337). In the context of impact fees this act provides for minimum criteria for the adoption of impact fees by local governments (includes special districts). The legislation also provides limitations on how much and how often impact fees may be increased. The act requires the local government to credit against the collection of impact fees, on a dollar-for-dollar basis at fair market value, any contribution related to the improvement of public facilities or infrastructure towards impacts on the same type of public facilities for which the contribution was made. Lastly, the legislation requires local governments to submit with their annual financial report or audit an affidavit signed by their chief financial officer or executive officer attesting that all impact fees were collected and expended in compliance with the statute, that the reporting entity complied with the spending period, and that the funds were expended only for the uses allowed under the statute. The effective date of this legislation is June 4, 2021.

Chapter 2021-194, Laws of Florida (HB 53). Florida law currently defines a "public works project" as an activity in which 50% or more of the cost is paid for from state-appropriated funds and provides certain preferences in competitive solicitation. This legislation removes the 50% threshold so that the provisions of law for public works projects will now apply to all government projects that require competitive solicitation. In addition, the act prohibits the use of a local ordinance or regulation to prevent licensed contractors from participation in the bidding process based on the contractor maintaining an office in the jurisdiction, the contractor's hiring of employees or subcontractors from the jurisdiction, or the contractor's payment of local taxes,

assessments, or duties within the jurisdiction. The governmental entity is also prohibited from requiring a contractor to pay a predetermined wage, provide specified benefits, control, limit, or expand staffing, or recruit, train, or hire employees from a single source. The act further requires each county, municipality, or special district providing wastewater services to develop a needs analysis for its jurisdiction over the next 20 years. The needs analysis must be provided to the county by June 30, 2022, and every five years thereafter. Lastly, the act requires each county, municipality, or special district providing a stormwater management program or stormwater management system to develop a needs analysis for its jurisdiction over the next 20 years. This needs analysis must be provided to the county by July 31, 2022, and every five years thereafter. The effective date of this act is July 1, 2021.

Chapter 2021-124, Laws of Florida (SB 378). This legislation amends Section. 218.735 Florida Statutes, to increase the statutory interest rate from 1% per month to 2% per month for public and private parties that fail to make required payments for certain construction labor, services, and materials. The effective date of this act is July 1, 2021,

Chapter 2021-173, Laws of Florida (SB 400). This law prohibits an agency from responding to a request to inspect or copy a record by filing an action for declaratory relief against the requester to determine whether the record is a public record or the status of the, public record is confidential or exempt. The effective date of this act is July 1, 2021.

Chapter 2021-129, Laws of Florida (SB 890). This act amends Section. 119.0712(2), Florida Statutes, to provide for a $2,000 fine to any person using or releasing information contained in the Driver and Vehicle Database (Driver License/ Insurance) for a purpose not specifically authorized by law. The effective date of this act is October 1, 2021.

Chapter 2021-165, Laws of Florida (SB 44). This act amends Section. 934.50, Florida Statutes, to create additional exceptions to the general prohibition on drone surveillance by authorizing a state agency or political subdivision to use an approved drone to assess damage during a declared state of emergency resulting from a hurricane, flood, wildfire, or other natural disaster. The act requires the Department of Management Services (DMS) to publish an approved drone manufacturers' list by January 1, 2022. A governmental agency using an unapproved drone must discontinue the use of any such drone by January 1, 2023. As with any surveillance activity, governmental actors are bound by Fourth Amendment protections. Though the act allows the government to use drones, the manner of use must comport with constitutional privacy protections. This act is effective July 1, 2021.

For convenience, we have included copies of the legislation referenced in this memorandum. We request that you include this memorandum as part of the agenda packages for upcoming meetings of the governing boards of those special districts in which you serve as the District Manager and this firm serves as District Counsel. For purposes of the agenda package, it is not necessary to include the attached legislation, as we can provide copies to anyone requesting the same. Copies of the referenced legislation are also accessible by visiting this link: http://laws.flrules.org/.

,

/\Alvarez
.�. Engineers

FL Certificate of Authorization No. 7538
8935 NW 35 Lane
Suite 101
Doral, Florida 33172
Tel. (305) 640-1345 Fax (305) 640-1346
E-Mail: Juan.Alvarez@AlvarezEnq.com

June 29, 2021

Ms. Lisa Denybeny District Manager
Islands at Doral II[ Community Development District Governmental Management Services, Inc,
5385 N. Nob Hill Road Sunrise, FL 33351
Re: Islands at Doral Ill Community Development District District Engineer's Report for Fiscal Year 2021
Pursuant to Section 9.21(b) of the Indenture as it relates to Special Assessment Refunding Bonds, Series 2013 and
Special Assessment Bonds, Series 2014 (the "Expanded Area Pmject), Dear Ms. Derryberry,
This statement is being made pursuant to Section 9.2l(b) of the Master Trust Indenture between Islands at Doral Ill Community Development District (the "District") and the Trustee dated September I, 2004 as it relates to the Special Assessment Refunding Bonds, Series 2013 and Special Assessment Bonds, Series 2014,

Based on review of District documents and periodic visits and inspections of the public infrastructure currently owned by the District, we find that such public infrastructure is maintained in good repair, working order and condition and that for Fiscal Year 2022, the District's proposed amounts budgeted for field operations and contracts with the local homeowner's association are sufficient to properly maintain, repair and operate such public infrastructure, The District is currently contemplating assuming ce1tain drainage maintenance responsibilities from the homeowner's association, for which additional operation funds will be needed.
Exhibit 1 depicts the boundary of the District. Exhibits 2 and 3 illustrate the location, description and related legal documentation of the completed District-owned infrastructure. To date, all of the public infrastructure described in the Engineer's Repmts of September 23, 2004 as amended, and of December 13, 2013, amended March 10, 2014, has been completed.
If you have any questions, or require additional information, please do not hesitate to contact me at 305- 640-1345 or at Juan.Alvarez@Alvarezeng.com,
,,,,\\"\-lflAllEl0L1411,,,,

Sincerely,
Alvarez Engineers, Inc.

Juan R Alvarei�?.:·;�:?,"ti!&�::�- '

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This !tern has been dlgltally signed and sealed by Juan R. Alvarez, PE onJune 29, 2021,
Printed copies of this document are not

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considered signed and sealed and the signature

Juan R. Alvarez, PE District Engineer Date: June 29, 2021

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ALVAREZ ENGINEERS, INC.
ISLANDS AT DORAL Ill C.D.D.
DISTRICT BOUNDARY

EXHIBIT 1

0	200'	500'	800'

2

PARCEL ID: TRACT I OF ISLANDS	,
ATDORAL NORTHWEST (PB 164-34)
OWNER: ISLANDS AT DORAL Ill COD
(QDC OBR 28550, PG 2356)
COD 1NFRAS1RUCTURE: ROADS, DRAINAGE
CDD BOUNDARY

PARCEL ID: TRACT B OF ISLANDS AT DORAL NORTHWEST (PB 164, PG 34) OWNER: ISLANDS AT DORAL Ill COD (SWD ORB 25582, PG 4796) CDDINFRASTRUCTURE:LAKE

PARCEL ID: TRACT A OF VILLA BELLO (PB 170, PG 009) OWNER: MONACO HOA (QDC OBR 29377, PG 3123) ESMT.: COD; (OBR 29097, PG 0064)

COO INFRASTRUCTURE: ROADS, DRAINAGE

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OWNER: ISLANDS AT DORALl!I COD	0u

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COD INFRASTRUCTURE: ROADS, DRAINAGE

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OWNER: ISLANDS AT DORAL MASTER ASSOC,

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OWNER: ISLANDS AT DORAL 111 COD
{SWD ORB 25582, PG 4796) COD INFRASTRUCTURE: LAKE
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DORAL NORTHWEST (PB 164, PG 34)	-
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ESMT.: COD; (ORB 26533, PG 1230}
COD INFRASTRUCTURE: ROADS, DRAINAGE
COD BOUNDARY	W

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PB: PLAT BOOK
PG: PAGE
QCD: QUIT CLAIM DEED
SWD: SPEOAL WARRANTY DEED

PARCEL ID: TRACT W OF DORAL ISLES NORTH SECTION THREE (PB 163, PG 47)
OWNER: NETHERLANDS NEIGHBORHOOD ASSOCIATION INC (QCD ORB 27973, PG 0520) ESMT.: coo; (ORB 26533, PG 1230)
COD INFRASTRUCTURE: ROADS, DRAINAGE

PARCEL [D:TRACT F OF ISLANDS AT DORAL NORTHWEST (PB 164, PG 34) OWNER: ISLANDS AT DORAL II! COD
{SWD ORB 25532, PG 4796) COD INFRASTRUCTURE: LAKE

OWNER: ISLANDS AT DORAL II[ COD (QDC OBR 26690, PG 0126) COD INFRASTRUCTURE: INTERIOR ROADS, DRAINAGE

ALVAREZ ENGINEERS, INC.
ISLANDS AT DORAL Ill C.D.D.
DISTRICT OWNERSHIP (1 OF 2)

EXHIBIT2

0 100' 300'	700'

3

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COD INFRASTRUCTURE: ROADS, DRAINAGE

COD BOUNDARY

SITE MAP

PARCEL !O: TRACT BB OF ISL.ANDS AT DORAL	,.

1• ADDITION (PB 163, PG 50)
OWNER: ISLANDS AT DORAL Ill COD
{SWD ORB 25582, PG 4796)
COD INFRASTRUCTURE: LAKE

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PARCEL!O:TRA.CTAAOFISLANOSATDORAL	■:1]1 l':j � 

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OWNER: ISLANDS AT DORAL Ill COD	111
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OWNER: ISLANDS AT DORAL MASTER ASSOC, INC
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COD INFRASTRUCTURE: ROADS, DRAINAGE	�  Ir

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OWNER: ISLANDSATDORALIII COD	I
{SWD ORB 25S82, PG 4796)

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LEGEND:
ESMT; EASEMENT
HOA: HOME OWNER'S ASSOOATION ORB: OFFICIAL RECORD BOOK
PB: PLAT BOOK PG: PAGE
QCO: QUIT CLAIM DEED
SWD: SPECIAL WARRANTY DEED

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ALVAREZ ENGINEERS, INC.
ISLANDS AT DORAL Ill C.D.D.
DISTRICT OWNERSHIP (2 OF 2)

EXHIBIT3

0 100' 300'	700'

4

�l:!'J/2018 P.'\QJIQQ;;>. Islands .>l Dor�/ Ill ,,-:,,,r,�r/y Reparts,.;;>O//J'.ET·l,11>1r$'.OX><!Brr--1JJ4gn

MIAMI··

M•Mifi'iii/II

Elections 2700 NW 87th Avenue Miami, Florida 33172

miamidade.gov

CERTIFICATION

STATE OF FLORIDA) COUNTY OF MIAMI-DADE)

WITNESS MY HAND AND OFFICIAL SEAL, AT MIAMI, MIAMI-DADE COUNTY, FLORIDA, ON THIS 25TH DAY OF MAY, 2021

I, Christina White, Supervisor of Elections of Miami-Dade County, Florida, do hereby certify that Islands at Doral Ill Community Development District, as described in the attached EXHIBIT "A", has 1691 voters.

Christina White Supervisor of Elections

Please submit a check for $130.00 to our office payable to "Miami-Dade County" for the cost of certifying the number of registered voters.

NOTICE OF MEETINGS ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT
The Board of Supervisors of the Islands at Doral III Community Development District will hold their regularly scheduled public meetings for Fiscal Year 2022 at 6:00 PM at the Doral Legacy Park Conference Room, located at 11400 NW 82nd Street, Doral, Florida 33178 on the first Wednesday of each month as follows.
October 06, 2021
December 01, 2021
February 02, 2022
April 06, 2022
June 01, 2022
August 03, 2022

The meeting will be open to the public and will be conducted in accordance with the provision of Florida Law for Community Development Districts. The meeting may be continued to a date, time, and place to be specified on the record at the meeting.
There may be occasions when one or more Supervisors will participate by telephone. At the above location there will be present a speaker telephone so that any interested person can attend the meeting at the above location and be fully informed of the discussions taking place either in person or by telephone communication.
Any person requiring special accommodations at this meeting because of a disability of physical impairment should contact the District Office at (954) 721-8681 at least five calendar days prior to the meeting.
Each person who decides to appeal any decision made by the Board with respect to any matter considered at the meeting is advised that person will need a record of the proceedings and that accordingly, the person may need to ensure that a verbatim record of the proceedings is made, including the testimony and evidence upon which such appeal is to be based.

Luis Hernandez Manager

Your Search for “ Islands of Doral III Community Development Dist - Board of Supervisors ” returned the following results:

Filer ID		
Form Year	
Full Name	
Organizations	Statutory Filing Requirement	Filing Requirement Fulfilled	
251419		2020	Camino , Henry	Islands of Doral III Community Development Dist-Board of Supervisors	Form 1 with Miami-
Dade County SOE	 Form Receipt Not Recorded	
251420		2020	Fuquen, Javier	Islands of Doral III Community Development Dist-Board of Supervisors	Form 1 with Miami-
Dade County SOE	 Form Receipt Not Recorded	
265448		2020	Garcia , Marialexandra	Islands of Doral III Community Development Dist-Board of Supervisors	Form 1 with Miami-
Dade County SOE	 Form Receipt Not Recorded	
265889		2020	Gomez , Roman Ernesto	Islands of Doral III Community Development Dist-Board of Supervisors Coronado Community Development District-Board of Supervisors	Form 1 with Miami-
Dade County SOE	 Form Receipt Not Recorded	
275708		2020	Milles , Sandra	Islands of Doral III Community Development Dist-Board of Supervisors	Form 1 with Miami-
Dade County SOE	 06/18/2021	

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT

	Check Run Summary		
	June 9, 2021		
Date	Check Numbers	Amount	
08/28/20	1072-1078	$80,362.24	
09/23/20	1079-1084	$12,402.97	
10/15/20	1085-1087	$6,036.63	
11/10/20	1088-1091	$6,216.23	
12/18/20	1092-1096	$238,833.77	
01/12/21	1097-1101	$997,509.71	
01/14/21	1102	$398.00	
02/09/21	1103-1108	$52,097.98	
03/09/21	1109-1114	$10,158.13	
04/09/21	1115-1120	$11,064.07	
05/10/21	1121-1123	$6,550.09	
Total		  $1,421,629.82		

Page 6

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	1
*** CHECK DATES 08/28/2020 - 08/28/2020 ***	ISLANDS AT DORAL III - GF
BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
8/28/20 00038	7/20/20 I0000478 202007 310-51300-48000	*	304.62
NOTICE OF PUBLIC MEETING
ALM MEDIA, LLC	304.62 001072

310-51300-31500	*	500.00	
310-51300-31500	*	500.00	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/28/20 00005	6/30/20 163226	202006
SVCS 06/20 7/31/20 163725	202007
SVCS 07/20
BILLING,COCHRAN,LYLES,MAURO & RAMSE	1,000.00 001073
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/28/20 00004	7/07/20 70589024 202006 310-51300-42000	*	30.79
DELIVERIES THRU 06/26/20
8/11/20 70900301 202008 310-51300-42000	*	21.32
DELIVERIES THRU 08/05/20
FEDEX	52.11 001074
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/28/20 00032	8/05/20 01038-07 202007 320-53800-43000	*	439.29
SVCS 07/06-08/05/20
8/05/20 74001-07 202007 320-53800-43000	*	189.34
SVCS 07/06-08/05/20
8/05/20 97535-07 202007 320-53800-43000	*	640.27
SVCS 07/06-08/05/20
FPL	1,268.90 001075

8/28/20 00011	8/01/20	
	8/01/20	
	8/01/20	
	8/01/20	
	8/01/20	
	8/01/20	
	8/01/20	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
195	202008 310-51300-34000	*	3,806.00

202008 310-51300-44000	*	200.00	
202008 310-51300-35100	*	83.33	

MGMT FEES 08/20 195
RENT 195
COMPUTER TIME
195	202008 310-51300-31300	*	83.33
DISSEMINATION AGT SVCS
195	202008 310-51300-35110	*	83.33
WEBSITE ADMINISTRATION
195	202008 310-51300-42000	*	4.50
POSTAGE AND DELIVERY
195	202008 310-51300-42500	*	4.20
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	4,264.69 001076
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/28/20 00030	8/28/20 08282020 202008 300-20700-10100	*	70,695.34
TXFER OF TAX RCPTS
ISLANDS AT DORAL III CDD	70,695.34 001077
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
8/28/20 00034	8/28/20 08282020 202008 300-20700-10100	*	2,776.58
TXFER OF TAX RCPTS
ISLANDS AT DORAL III CDD	2,776.58 001078
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	80,362.24 ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	2
*** CHECK DATES 08/28/2020 - 08/28/2020 ***	ISLANDS AT DORAL III - GF
BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

TOTAL FOR REGISTER	80,362.24

ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	1
*** CHECK NOS. 001079-001084	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
9/23/20 00038	9/04/20 I0000484 202009 310-51300-48000	*	86.53
NOTICE OF MEETING
ALM MEDIA, LLC	86.53 001079
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/23/20 00023	9/09/20 11871	202009 300-15500-10000	*	6,503.00
RENEW POLICY FY20-21
EGIS INSURANCE ADVISORS, LLC	6,503.00 001080
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/23/20 00004	9/08/20 71172655 202009 310-51300-42000	*	29.38
DELIVERIES 09/20
FEDEX	29.38 001081
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/23/20 00032	9/03/20 01038-08 202008 320-53800-43000	*	431.62
SVCS 08/05-09/03/20
9/03/20 74001-08 202008 320-53800-43000	*	185.52
SVCS 08/05-09/03/20
9/03/20 97535-08 202008 320-53800-43000	*	629.43
SVCS 08/05-09/03/20
FPL	1,246.57 001082
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/23/20 00011	9/01/20 196	202009 310-51300-34000	*	3,806.00

	9/01/20	
	9/01/20	
	9/01/20	
	9/01/20	
	9/01/20	
	9/01/20	
	9/01/20	

MGMT FEES 09/20
196	202009 310-51300-44000	*	200.00
RENT
196	202009 310-51300-35100	*	83.33
COMPUTER TIME
196	202009 310-51300-31300	*	83.33
DISSEMINATION AGT SVCS
196	202009 310-51300-35110	*	83.33
WEBSITE ADMINISTRATION
196	202009 310-51300-42000	*	.50

202009 310-51300-42500	*	60.00	
202009 310-51300-35110	*	102.00	

POSTAGE AND DELIVERY 196
COPIES 196
NEW WEBSITE
GOVERNMENTAL MANAGEMENT SERVICES	4,418.49 001083
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
9/23/20 00040	4/03/17 35212968 201910 310-51300-49000	*	119.00
ANNUAL MAINT FEE
S&P GLOBAL MARKET INTELLIGENCE	119.00 001084
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	12,402.97
TOTAL FOR REGISTER	12,402.97 ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	1

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK..... AMOUNT	#	
10/15/20 00005	8/31/20 164375	202008 310-51300-31500	*
BILLING,COCHRAN,LYLES,MAURO & RAMSE		500.00	
500.00 001085	
- - - - - - - - 10/15/20 00032	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/05/20 01038-09 202009 320-53800-43000	*
10/05/20 74001-09 202009 320-53800-43000	*	- - - - -	- - - - -

189.34	- - - - - - - -	
	SVCS 09/20
10/05/20 97535-09 202009 320-53800-43000	*		640.27		
	SVCS 09/20
FPL			1,268.90 001086	
- - - - - - - - 10/15/20 00011	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
10/01/20 197	202010 310-51300-34000	*
10/01/20 197	202010 310-51300-44000	*	- - - - -	- - - - -

200.00	- - - - - - - -	
	RENT
10/01/20 197	202010 310-51300-35100	*		83.33		
	COMPUTER TIME
10/01/20 197	202010 310-51300-31300	*		91.67		
	DISSEMINATION AGT SVCS
10/01/20 197	202010 310-51300-35110	*		83.33		
	WEBSITE ADMINISTRATION
10/01/20 197	202010 310-51300-42000	*		2.50		
	POSTAGE AND DELIVERY
10/01/20 197	202010 310-51300-42500	*		.90		
	COPIES
GOVERNMENTAL MANAGEMENT SERVICES			4,267.73 001087	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - -	- - - - -	- - - - - - - -	
	TOTAL FOR BANK A		6,036.63		
	TOTAL FOR REGISTER		6,036.63		

*** CHECK NOS. 001085-001087	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III

08/20-RETAINER

SVC 09/20

439.29

MGMT FEES 10/20

3,806.00

ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	1
*** CHECK NOS. 001088-001091	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
11/10/20 00005	9/30/20 164793	202009 310-51300-31500	*	500.00
SVCS 09/20
BILLING,COCHRAN,LYLES,MAURO & RAMSE	500.00 001088
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/10/20 00003 10/01/20 83022	202010 310-51300-54000	*	175.00
ANNU FEES
DEPARTMENT OF ECONOMIC OPPORTUNITY	175.00 001089
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/10/20 00032 11/04/20 01038-10 202010 320-53800-43000	*	439.29
SVCS 10/20
11/04/20 74001-10 202010 320-53800-43000	*	189.34
SVCS 10/20
11/04/20 97535-10 202010 320-53800-43000	*	640.27
SVCS 10/20
FPL	1,268.90 001090
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
11/10/20 00011 11/01/20 198	202011 310-51300-34000	*	3,806.00
MGMT FEES 11/20
11/01/20 198	202011 310-51300-44000	*	200.00
RENT
11/01/20 198	202011 310-51300-35100	*	83.33
COMPUTER TIME
11/01/20 198	202011 310-51300-31300	*	91.67
DISSEMINATION AGT SVCS
11/01/20 198	202011 310-51300-35110	*	83.33
WEBSITE ADMINISTRATION
11/01/20 198	202011 310-51300-42000	*	5.00
POSTAGE AND DELIVERY
11/01/20 198	202011 310-51300-42500	*	3.00
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	4,272.33 001091
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	6,216.23
TOTAL FOR REGISTER	6,216.23

ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	1
*** CHECK NOS. 001092-001096	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#

320-53800-43000	*	176.92	
320-53800-43000	*	598.26	

12/18/20 00032 12/03/20 74001-11 202011
SVCS 11/20 12/03/20 97535-11 202011
SVCS 11/20
FPL	775.18 001092

12/18/20 00011	12/01/20	
	12/01/20	
	12/01/20	
	12/01/20	
	12/01/20	
	12/01/20	
	12/01/20	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
199	202012 310-51300-34000	*	3,806.00
MGMT FEES 12/20
199	202012 310-51300-44000	*	200.00
RENT
199	202012 310-51300-35100	*	83.33
COMPUTER TIME
199	202012 310-51300-31300	*	91.67
DISSEMINATION AGT SVCS
199	202012 310-51300-35110	*	83.33
WEBSITE ADMINISTRATION
199	202012 310-51300-42000	*	2.00
POSTAGE AND DELIVERY
199	202012 310-51300-42500	*	.75
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	4,267.08 001093
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/18/20 00030 12/18/20 1120	202011 300-20700-10100	*	224,561.41
TXFER OF TAX RECEIPTS
ISLANDS AT DORAL III CDD	224,561.41 001094
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/18/20 00034 12/18/20 1120	202011 300-20700-10100	*	8,819.69
TXFER OF TAX RECEIPTS
ISLANDS AT DORAL III CDD	8,819.69 001095
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
12/21/20 00032 12/03/20 01038-11 202011 320-53800-43000	*	410.41
SVCS 11/20
FPL	410.41 001096
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	238,833.77
TOTAL FOR REGISTER	238,833.77

ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	1
*** CHECK NOS. 001097-001101	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/12/21 00005 11/30/20 166046-1 202010 310-51300-31500	*	500.00
SVCS 10/20
11/30/20 166046-1 202011 310-51300-31500	*	500.00
SVCS 11/20
BILLING,COCHRAN,LYLES,MAURO & RAMSE	1,000.00 001097

320-53800-43000	*	440.98		
320-53800-43000	*	190.12			
320-53800-43000	*	642.88			
FPL			1,273.98	001098	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/12/21 00032	1/05/21 01038-12 202012
SVCS 12/20 1/05/21 74001-12 202012
SVCS 12/20 1/05/21 97535-12 202012
SVS 12/20
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1/12/21 00011	1/01/21 200	202101 310-51300-34000	*	3,806.00
MGMT FEES 01/21
1/01/21 200	202101 310-51300-44000	*	200.00
RENT
1/01/21 200	202101 310-51300-35100	*	83.33
COMPUTER TIME
1/01/21 200	202101 310-51300-31300	*	91.67

	1/01/21 200	202101 310-51300-35110					*					83.33		
	1/01/21 200	202101 310-51300-42000					*					1.50		
	POSTAGE AND DELIVERY												
	1/01/21 200	202101 310-51300-42500					*					2.40		
	COPIES												
- - - - - - - -	GOVERNMENTAL
- - - - - - - - - - - - - - - - - - - - - - - - -	MANAGEMENT SERVICES
- - - - - - - - - -	-	-	-	- -	-	-	-	-	- - - - - -	4,268.23
- - - - -	001099
- - -	
1/12/21 00030	1/12/21 01122021 202101 300-20700-10100					*					148.50			
	TXFER OF TAX RECEIPTS													
	1/12/21 01122021 202101 300-20700-10100					*					953,369.40			
	ISLANDS AT	DORAL	III CDD									953,517.90	001100	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - -	- - -	- - - -	- -	- - - - -		- -	-	-	-	-	- - - - - - - - - - -	- - -	
1/12/21 00034	1/12/21 01122021 202101 300-20700-10100						*					5.83		
	TXFER OF TAX RECEIPTS													
	1/12/21 01122021 202101 300-20700-10100						*					37,443.77		
	TXFER OF TAX RECEIPTS													
	ISLANDS AT	DORAL	III CDD									37,449.60	001101	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - -	- - -	- - - -	- -	- - - - -		- -	-	-	-	-	- - - - - - - - - - -	- - -	
			TOTAL	FOR	BANK A							997,509.71		
			TOTAL	FOR	REGISTER							997,509.71		

DISSEMINATION AGT SVCS
WEBSITE ADMINISTRATION

TXFER OF TAX RECEIPTS

ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	1
*** CHECK NOS. 001102-001102	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
1/14/21 00007	9/28/20 5703	202006 310-51300-31100	*	398.00
SVCS 06/20
ALVAREZ ENGINEERS, INC.	398.00 001102
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	398.00
TOTAL FOR REGISTER	398.00

ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	1
*** CHECK NOS. 001103-001108	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
2/09/21 00005 12/31/20 166408	202012 310-51300-31500	*	500.00
SVCS 12/20
BILLING,COCHRAN,LYLES,MAURO & RAMSE	500.00 001103
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/09/21 00004	1/19/21 72490578 202101 310-51300-42000	*	31.79
DELIVERIES THRU 01/13/21
FEDEX	31.79 001104

320-53800-43000	*	440.98		
320-53800-43000	*	190.12			
320-53800-43000	*	642.88			
FPL			1,273.98	001105	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/09/21 00032	2/03/21 01038-01 202101
SVCS 01/21 2/03/21 74001-01 202101
SVCS 01/21 2/03/21 97535-01 202101
SVCS 01/21
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/09/21 00011	2/01/21 201	202102 310-51300-34000	*	3,806.00
MGMT FEES 02/21
2/01/21 201	202102 310-51300-44000	*	200.00
RENT
2/01/21 201	202102 310-51300-35100	*	83.33
COMPUTER TIME
2/01/21 201	202102 310-51300-31300	*	91.67
DISSEMINATION AGENT SVCS
2/01/21 201	202102 310-51300-35110	*	83.33
WEBSITE ADMINISTRATION
2/01/21 201	202102 310-51300-42000	*	4.65
POSTAGE AND DELIVERY
2/01/21 201	202102 310-51300-42500	*	3.75
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	4,272.73 001106
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/09/21 00030	2/09/21 02092021 202102 300-20700-10100	*	44,280.36
TXFER OF TAX RECEIPTS
ISLANDS AT DORAL III CDD	44,280.36 001107
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
2/09/21 00034	2/09/21 02092021 202102 300-20700-10100	*	1,739.12
TXFER OF TAX RECEIPTS
ISLANDS AT DORAL III CDD	1,739.12 001108
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	52,097.98
TOTAL FOR REGISTER	52,097.98 ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	1
*** CHECK NOS. 001109-001114	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
3/09/21 00038	2/26/21 I0000515 202102 310-51300-48000	*	85.13
NOTICE OF MEETING
ALM MEDIA, LLC	85.13 001109
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/09/21 00005	1/31/21 166938	202101 310-51300-31500	*	500.00
SVCS 01/21
BILLING,COCHRAN,LYLES,MAURO & RAMSE	500.00 001110
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/09/21 00004	2/16/21 72784945 202102 310-51300-42000	*	31.95
DELIVERIES THRU 02/11/21
FEDEX	31.95 001111
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/09/21 00032	3/04/21 01038-02 202102 320-53800-43000	*	441.40
SVCS 02/21
3/04/21 74001-02 202102 320-53800-43000	*	190.30
SVCS 02/21
3/04/21 97535-02 202102 320-53800-43000	*	643.49
SVCS 02/21
FPL	1,275.19 001112

3/09/21 00011	3/01/21	
	3/01/21	
	3/01/21	
	3/01/21	
	3/01/21	
	3/01/21	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
202	202103 310-51300-34000	*	3,806.00
MGMT FEES 03/21
202	202103 310-51300-44000	*	200.00
RENT
202	202103 310-51300-35100	*	83.33
COMPUTER TIME
202	202103 310-51300-31300	*	91.67
DISSEMINATION AGT SVCS
202	202103 310-51300-35110	*	83.33
WEBSITE ADMINISTRATION
202	202103 310-51300-42000	*	1.53
POSTAGE AND DELIVERY
GOVERNMENTAL MANAGEMENT SERVICES	4,265.86 001113
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
3/09/21 00017	3/01/21 20602	202103 310-51300-32200	*	4,000.00
AUDIT FYE 09/30/2020
GRAU & ASSOCIATES	4,000.00 001114
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	10,158.13
TOTAL FOR REGISTER	10,158.13

ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	1
*** CHECK NOS. 001115-001120	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
4/09/21 00007	3/01/21 5898	202102 310-51300-31100	*	1,377.50
SVCS THRU 02/26/21
ALVAREZ ENGINEERS, INC.	1,377.50 001115
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/09/21 00005	2/28/21 167337	202102 310-51300-31500	*	500.00
SVCS 02/21
BILLING,COCHRAN,LYLES,MAURO & RAMSE	500.00 001116
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/09/21 00042	4/01/21 24001676 202104 310-51300-31300	*	91.00
SVCS 04/21
CUSIP GLOBAL SERVICES	91.00 001117
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/09/21 00032	4/05/21 01038-03 202103 320-53800-43000	*	441.40
SVCS 03/21
4/05/21 74001-03 202103 320-53800-43000	*	190.30
SVCS 03/21
4/05/21 97535-03 202103 320-53800-43000	*	643.49
SVCS 03/21
FPL	1,275.19 001118

4/09/21 00011	4/01/21	
	4/01/21	
	4/01/21	
	4/01/21	
	4/01/21	
	4/01/21	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
203	202104 310-51300-34000	*	3,806.00
MGMT FEES 04/21
203	202104 310-51300-44000	*	200.00
RENT
203	202104 310-51300-35100	*	83.33
COMPUTER TIME
203	202104 310-51300-31300	*	91.67
DISSEMINATION AGT SVCS
203	202104 310-51300-35110	*	83.33
WEBSITE ADMINISTRATION
203	202104 310-51300-42500	*	.30
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	4,264.63 001119
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
4/09/21 00014	3/25/21 6074312	202103 310-51300-32300	*	3,555.75
TRUSTEE FEES
US BANK	3,555.75 001120
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	11,064.07
TOTAL FOR REGISTER	11,064.07

ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	5/27/21	PAGE	1

CHECK	VEND# DATE	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS		AMOUNT	....CHECK..... AMOUNT	#	
5/10/21 00005	3/31/21 167817	202103 310-51300-31500	*
BILLING,COCHRAN,LYLES,MAURO & RAMSE		1,000.00	
1,000.00 001121	
- - - - - - - - 5/10/21 00032	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/05/21 01038-04 202104 320-53800-43000	*
5/05/21 74001-42 202104 320-53800-43000	*	- - - - -	- - - - -

191.53	- - - - - - - -	
	SVCS 04/21
5/05/21 97535-04 202104 320-53800-43000	*		647.61		
	SVCS 04/21
FPL			1,283.21 001122	
- - - - - - - - 5/10/21 00011	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
5/01/21 204	202105 310-51300-34000	*
5/01/21 204	202105 310-51300-44000	*	- - - - -	- - - - -

200.00	- - - - - - - -	
	RENT
5/01/21 204	202105 310-51300-35100	*		83.33		
	COMPUTER TIME
5/01/21 204	202105 310-51300-31300	*		91.67		
	DISSEMINATION AGT SVCS
5/01/21 204	202105 310-51300-35110	*		83.33		
	WEBSITE ADMINISTRATION
5/01/21 204	202105 310-51300-42000	*		2.55		
	POSTAGE AND DELIVERY
GOVERNMENTAL MANAGEMENT SERVICES			4,266.88 001123	
- - - - - - - -	- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	- - - - -	- - - - -	- - - - - - - -	
	TOTAL FOR BANK A		6,550.09		
	TOTAL FOR REGISTER		6,550.09		

*** CHECK NOS. 001121-001123	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III

SVCS 03/21

SVCS 04/21

444.07

MGMT FEES 05/21

3,806.00

ID3	ISLANDS DORAL	JWASSERMAN

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2021

$ 103,698.88	$ 1,534,981.98	$	60,286.72	$ 1,698,967.58	
TOTAL ASSESSMENT LEVY						ASSESSED THROUGH COUNTY		
					6.10%	90.35%	3.55%	100.00%	
					36300.10000	36300.10000	36300.10000		
DATE	DESCRIPTION	GROSS AMOUNT DISC/PENALTIES	COMMISSIONS	INTEREST	NET RECEIPTS		O&M Portion	2013 DSF Portion 2014 DSF Portion	Total	

11/18/20	
6/1/20-11/8/20	
$121,962.56	
$4,910.69	
$1,170.52	
$0.00	
$115,881.35		
$7,072.98	
$104,696.40	
$4,111.97	
$115,881.35	
11/27/20	11/9/20-11/17/20	$141,492.68	$7,482.12	$1,340.10	$0.00	$132,670.46		$8,097.73	$119,865.01	$4,707.72	$132,670.46	
12/09/20	11/18/20-11/30/20	$1,043,324.80	$46,617.45	$9,967.08	$0.00	$986,740.27		$60,227.08	$891,499.37	$35,013.81	$986,740.27	
12/22/20	12/1/20-12/13/20	$73,621.19	$4,449.74	$691.71	$0.00	$68,479.74		$4,179.76	$61,870.03	$2,429.96	$68,479.74	
01/13/21	12/14/20-12/31/20	$50,976.46	$2,025.99	$1.47	$0.00	$48,949.00		$2,987.67	$44,224.41	$1,736.92	$48,949.00	
01/27/21	EREST 10/1/20-12/31	$0.00	$0.00	$0.00	$61.94	$61.94		$3.78	$55.96	$2.20	$61.94	
2/10/21	1/1/21-1/31/21	$50,313.06	$991.42	$493.21	$0.00	$48,828.43		$2,980.31	$44,115.47	$1,732.64	$48,828.43	
03/19/21	2/1/21-2/28/21	$45,244.42	$494.19	$447.51	$0.00	$44,302.72		$2,704.08	$40,026.59	$1,572.05	$44,302.72	
	TOTAL	$1,526,935.17	$66,971.60	$14,111.60	$61.94	$1,445,913.91		$88,253.39	$1,306,353.24	$51,307.28	$1,445,913.91	
												
Assessed on Roll:											Percent Collected	
											90%	
	NET AMOUNT		ASSESSMENTS	ASSESSMENTS	AMOUNT							
	ASSESSED	PERCENTAGE	COLLECTED	TRANSFERRED	TO BE TFR.							
O & M	$103,698.88	6.1036%	$88,253.39	($88,253.39)	$0.00							
2013 DEBT SERVICE	$1,534,981.98	90.3479%	$1,306,353.24	($1,222,211.17)	$84,142.07							
2014 DEBT SERVICE	$60,286.72	3.5484%	$51,307.28	($48,002.58)	$3,304.70							
TOTAL	$1,698,967.58	100.00%	$1,445,913.91	($1,358,467.14)	$87,446.77							

TRANSFERS TO DEBT SERVICE:			
DATE	CHECK #	2013 AMOUNT	2014 AMOUNT	
12/18/20	1094 / 1095	$224,561.41	$8,819.69	
1/12/21	1100 / 1101	$953,369.40	$37,443.77	
2/9/21	1107 / 1108	$44,280.36	$1,739.12	
TOTAL		$1,222,211.17	$48,002.58 	
Amount due:	$84,142.07	$3,304.70	

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT

	Check Run Summary		
	August 11, 2021		
Date	Check Numbers	Amount	
06/08/21	1124-1129	$173,140.14	
06/21/21	1130	$6,859.63	
07/13/21	1131-1135	$6,808.62	
Total			$186,808.39		

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/29/21	PAGE	1
*** CHECK NOS. 001124-001129	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
6/08/21 00038	5/28/21 I0000532 202105 310-51300-48000	*	99.48
NOTICE OF MEETING
ALM MEDIA, LLC	99.48 001124
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/08/21 00032	5/04/21 01038-05 202105 320-53800-43000	*	429.12
SVCS 05/21
6/04/21 74001-05 202105 320-53800-43000	*	184.08
SVCS 05/21
6/04/21 97535-05 202105 320-53800-43000	*	626.47
SVCS 05/21
FPL	1,239.67 001125
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/08/21 00011	6/01/21 205	202106 310-51300-34000	*	3,806.00

310-51300-44000	*	200.00	
310-51300-35100	*	83.33	
310-51300-31300	*	91.67	

MGMT FEES 06/21 6/01/21 205	202106
RENT
6/01/21 205	202106
COMPUTER TIME 6/01/21 205	202106
DISSEMINATION AGT SVCS
6/01/21 205	202106 310-51300-35110	*	83.33
WEBSITE ADMINISTRATION
6/01/21 205	202106 310-51300-42000	*	2.55
POSTAGE AND DELIVERY
6/01/21 205	202106 310-51300-42500	*	.60
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	4,267.48 001126
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/08/21 00030	6/08/21 06082021 202106 300-20700-10100	*	161,077.17
TXFER OF TAX RECEIPTS
ISLANDS AT DORAL III CDD	161,077.17 001127
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/08/21 00034	6/08/21 06082021 202106 300-20700-10100	*	6,326.34
TXFER OF TAX RECEIPTS
ISLANDS AT DORAL III CDD	6,326.34 001128
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
6/08/21 00025	5/25/21 05252021 202105 310-51300-49000	*	130.00
REGISTERED VOTERS FEE

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	
TOTAL FOR	BANK A	173,140.14			
TOTAL FOR

ID3	ISLANDS DORAL	JWASSERMAN	REGISTER	173,140.14			

MIAMI-DADE COUNTY ELECTIONS	130.00 001129
- - - - - - - - - - - - - - - - - - - - - - - - - -

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/29/21	PAGE	1
*** CHECK NOS. 001130-001130	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
6/21/21 00014	5/25/21 6138071	202105 310-51300-32300	*	6,859.63
ADMIN FEE 5/01/21-4/30/22
US BANK	6,859.63 001130
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	6,859.63
TOTAL FOR REGISTER	6,859.63

ID3	ISLANDS DORAL	JWASSERMAN

AP300R	YEAR-TO-DATE ACCOUNTS PAYABLE PREPAID/COMPUTER CHECK REGISTER	RUN	7/29/21	PAGE	1
*** CHECK NOS. 001131-001135	ISLANDS AT DORAL III - GF BANK A ISLANDS AT DORAL III
CHECK	VEND#	.....INVOICE..... ...EXPENSED TO...		VENDOR NAME	STATUS	AMOUNT	....CHECK..... DATE			DATE	INVOICE	YRMO	DPT ACCT# SUB	SUBCLASS				AMOUNT	#
7/13/21 00007	6/07/21 6004	202105 310-51300-31100	*	640.00
SVCS 02/27-05/28/21
ALVAREZ ENGINEERS, INC.	640.00 001131
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/13/21 00005	5/31/21 169020	202105 310-51300-31500	*	500.00
SVCS 05/21
BILLING,COCHRAN,LYLES,MAURO & RAMSE	500.00 001132
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/13/21 00004	6/15/21 74049586 202106 310-51300-42000	*	26.28
DELIVERIES THRU 06/09/21
FEDEX	26.28 001133
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
7/13/21 00032	7/06/21 01038-06 202106 320-53800-43000	*	444.07
SVCS 06/21
7/06/21 74001-06 202106 320-53800-43000	*	191.53
SVCS 06/21
7/06/21 97535-06 202106 320-53800-43000	*	647.61
SVCS 06/21
FPL	1,283.21 001134

7/13/21 00011	7/01/21	
	7/01/21	
	7/01/21	
	7/01/21	
	7/01/21	
	7/01/21	

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
206	202107 310-51300-34000	*	3,806.00
MGMT FEES 07/21
206	202107 310-51300-44000	*	200.00
RENT
206	202107 310-51300-35100	*	83.33
COMPUTER TIME
206	202107 310-51300-31300	*	91.67
DISSEMINATION AGT SVCS
206	202107 310-51300-35110	*	83.33
WEBSITE ADMINISTRATION
206	202107 310-51300-42500	*	94.80
COPIES
GOVERNMENTAL MANAGEMENT SERVICES	4,359.13 001135
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TOTAL FOR BANK A	6,808.62
TOTAL FOR REGISTER	6,808.62

ID3	ISLANDS DORAL	JWASSERMAN

TRANSFERS TO DEBT SERVICE:

ISLANDS AT DORAL III COMMUNITY DEVELOPMENT DISTRICT
Special Assessment Receipts Fiscal Year 2021

$ 103,698.88	$ 1,534,981.98	$	60,286.72	$ 1,698,967.58	
TOTAL ASSESSMENT LEVY						ASSESSED THROUGH COUNTY		
					6.10%	90.35%	3.55%	100.00%	
					36300.10000	36300.10000	36300.10000		
DATE	DESCRIPTION	GROSS AMOUNT DISC/PENALTIES	COMMISSIONS	INTEREST	NET RECEIPTS		O&M Portion	2013 DSF Portion 2014 DSF Portion	Total	

11/18/20	
6/1/20-11/8/20	
$121,962.56	
$4,910.69	
$1,170.52	
$0.00	
$115,881.35	
$7,072.98	
$104,696.40	
$4,111.97	
$115,881.35	
11/27/20	11/9/20-11/17/20	$139,594.52	$5,583.96	$1,340.10	$0.00	$132,670.46	$8,097.73	$119,865.01	$4,707.72	$132,670.46	
12/09/20	11/18/20-11/30/20	$1,038,223.28	$41,515.93	$9,967.08	$0.00	$986,740.27	$60,227.08	$891,499.37	$35,013.81	$986,740.27	
12/22/20	12/1/20-12/13/20	$71,723.03	$2,551.58	$691.71	$0.00	$68,479.74	$4,179.76	$61,870.03	$2,429.96	$68,479.74	
01/13/21	12/14/20-12/31/20	$50,976.46	$2,025.99	$1.47	$0.00	$48,949.00	$2,987.67	$44,224.41	$1,736.92	$48,949.00	
01/27/21	EREST 10/1/20-12/31	$0.00	$0.00	$0.00	$61.94	$61.94	$3.78	$55.96	$2.20	$61.94	
2/10/21	1/1/21-1/31/21	$50,313.06	$991.42	$493.21	$0.00	$48,828.43	$2,980.31	$44,115.47	$1,732.64	$48,828.43	
03/19/21	2/1/21-2/28/21	$45,244.42	$494.19	$447.51	$0.00	$44,302.72	$2,704.08	$40,026.59	$1,572.05	$44,302.72	
05/12/21	3/1/21-3/31/21	$86,024.68	$27.15	$859.97	$16.69	$85,154.25	$5,197.51	$76,935.10	$3,021.64	$85,154.25	
06/10/21	4/1/21-4/30/21	$21,120.44	$0.00	$217.14	$593.98	$21,497.28	$1,312.12	$19,422.35	$762.82	$21,497.28	
06/23/21	5/1/21-5/31/21	$20,115.95	$0.00	$207.20	$603.42	$20,512.17	$1,251.99	$18,532.32	$727.86	$20,512.17	
	TOTAL	$1,645,298.40	$58,100.91	$15,395.91	$1,276.03	$1,573,077.61	$96,015.01	$1,421,243.00	$55,819.60	$1,573,077.61	

Assessed on Roll:	

NET AMOUNT ASSESSED	

PERCENTAGE	

ASSESSMENTS COLLECTED	

ASSESSMENTS TRANSFERRED	

AMOUNT TO BE TFR.	Percent	Collected
97%	
O & M	$103,698.88	6.1036%	$96,015.01	($96,015.01)	$0.00			
2013 DEBT SERVICE	$1,534,981.98	90.3479%	$1,421,243.00	($1,383,288.34)	$37,954.66			
2014 DEBT SERVICE	$60,286.72	3.5484%	$55,819.60	($54,328.92)	$1,490.68			
TOTAL	$1,698,967.58	100.00%	$1,573,077.61	($1,533,632.27)	$39,445.34			

DATE	CHECK #	2013 AMOUNT	2014 AMOUNT	
12/18/20	1094 / 1095	$224,561.41	$8,819.69	
1/12/21	1100 / 1101	$953,369.40	$37,443.77	
2/9/21	1107 / 1108	$44,280.36	$1,739.12	
6/8/21	1127 / 1128		$161,077.17	$6,326.34 	
	TOTAL		$1,383,288.34	$54,328.92 	
Amount due:	$37,954.66	$1,490.68	

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT
COMBINED BALANCE SHEET
April 30, 2021

	Major Funds		Total	
	
	General		Debt Service
	Fund		Governmental
	Funds		
ASSETS:
Cash	
$172,091	
---	
$172,091	
Due From Other	$831	---	$831	
Due From Other Funds	---	$87,447	$87,447	
Investment - State Board (Surplus)	$208,523	---	$208,523	
Investment - State Board (Cap Reserve) Investments - Series 2013:
Reserve A	$661,464

---	---

$729,116	$661,464

$729,116	
Revenue A
Investments - Series 2014: Reserve A	---

---	$1,965,681

$15,000	$1,965,681

$15,000	
Revenue A	---	$56,854	$56,854	
General Redemption	---	$9	$9	
Deposits-Electric	$1,003	---	$1,003	
Total Assets		$1,043,912 		  $2,854,107 			$3,898,019 	

LIABILITIES:
Accounts Payable	

$2,283	

---	

$2,283	
Due to Other Funds		$87,447 		--- 		$87,447 	
Total Liabilities		$89,730 		$0 		$89,730 	
FUND BALANCES:
Nonspendable: Prepaid items	

$1,003	

---	

$1,003	
Restricted for:
Debt Service	
---	
$2,854,107	
$2,854,107	
Assigned	$661,464	---	$661,464	
Unassigned		$291,715 		--- 		$291,715 	
Total Fund Balances		$954,182 	  $2,854,107 		$3,808,289 	
TOTAL LIABILITIES AND FUND BALANCES		$1,043,912 	  $2,854,107 		$3,898,019 	

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ending April 30, 2021

	ADOPTED		PRORATED BUDGET		ACTUAL		
 DESCRIPTION		BUDGET	THRU 04/30/21	THRU 04/30/21	VARIANCE	

REVENUES:					
Assessments - On Roll	$98,514	$98,514	$88,253	($10,261)	
Contributions - HOA	$14,250	$8,313	$5,768	($2,545)	
Interest Income	$500	$292	$921	$629	
TOTAL REVENUES	$113,264		$107,118		$94,942		($12,176)	

EXPENDITURES:					
ADMINISTRATIVE:					
Supervisor Fees	$6,000	$3,500	$0	$3,500	
FICA Expense	$459	$268	$0	$268	
Unemployment	$150	$88	$0	$88	
Engineering	$12,500	$7,292	$1,378	$5,914	
Arbitrage	$600	$350	$0	$350	
Dissemination	$1,100	$642	$733	($91)	
Attorney	$20,000	$11,667	$3,500	$8,167	
Annual Audit	$4,100	$4,000	$4,000	$0	
Trustee Fees	$10,500	$6,125	$3,556	$2,569	
Management Fees	$45,672	$26,642	$26,642	($0)	
Computer Time	$1,000	$583	$583	$0	
Telephone	$250	$146	$0	$146	
Postage	$250	$146	$81	$65	
Printing & Binding	$1,000	$583	$11	$572	
Rentals & Leases	$2,400	$1,400	$1,400	$0	
Insurance	$6,812	$6,812	$6,503	$309	
Legal Advertising	$1,000	$583	$85	$498	
Other Current Charges	$500	$292	$224	$68	
Office Supplies	$250	$146	$0	$146	
Dues, Licenses & Subscriptions	$175	$175	$175	$0	
Website Compliance	$1,000	$583	$583	$0	
TOTAL ADMINISTRATIVE	$115,718		$72,022		$49,454		$22,568	

FIELD:
Electricity-Madeira	

$6,000	

$3,500	

$3,069	

$431	
Electricity-Antilles/Belize	$14,250	$8,313	$5,768	$2,545	
Reserves - Emergency Funds	$4,227	$2,466	$0	$2,466	
TOTAL FIELD	$24,477		$14,278		$8,837		$5,441	

TOTAL EXPENDITURES	$140,195		$86,300		$58,291		$28,009	
Excess (deficiency) of revenues over (under) expenditures	

($26,930)	

$20,818	

$36,651	

$15,833	

FUND BALANCE - Beginning	
$26,930		

$917,531		
FUND BALANCE - Ending	($0)		$954,182		

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT SERIES 2013
DEBT SERVICE FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ending April 30, 2021

	ADOPTED	PRORATED BUDGET	ACTUAL		
 DESCRIPTION			BUDGET		 THRU 04/30/21 	 THRU 04/30/21 		VARIANCE		
REVENUES:					
Interest Income	$0	$0	$363	$363	
Assessments - On Roll	$1,458,233	$1,458,233	$1,306,353	($151,880)	
TOTAL REVENUES		$1,458,233 		$1,458,233 		$1,306,716 			($151,517) 	
EXPENDITURES:					
Series 2013
Interest - 11/1	
$316,084	
$316,084	
$316,084	
$0	
Interest - 05/1	$316,084	$0	$0	$0	
Principal - 05/01	$805,000	$0	$0	$0	
TOTAL EXPENDITURES		$1,437,168 		$316,084 		$316,084 			$0 	
Excess (deficiency) of revenues over (under) expenditures	
	$21,065 	
	$1,142,149 	
	$990,632 	
	($151,517) 	
Net change in fund balance	$21,065	$1,142,149	$990,632	($151,517)	

FUND BALANCE - Beginning	

$1,059,011		
$1,788,308		
FUND BALANCE - Ending		$1,080,076 			$2,778,940 		

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT SERIES 2014
DEBT SERVICE FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ending April 30, 2021

 DESCRIPTION			ADOPTED
	BUDGET		PRORATED BUDGET
 THRU 04/30/21 	ACTUAL
 THRU 04/30/21 		
	VARIANCE		
REVENUES:							
Interest Income		$0	$0	$9		$9	
Assessments - On Roll		$57,272	$57,272	$51,307		($5,965)	
TOTAL REVENUES			$57,272 		$57,272 		$51,316 			($5,957) 	
EXPENDITURES:							
Series 2014
Interest - 11/1		
$20,536	
$20,536	
$20,536		
$0	
Interest - 5/1		$20,536	$0	$0		$0	
Principal- 5/01		$16,000	$0	$0		$0	
TOTAL EXPENDITURES		$57,073 			$20,536 			$20,536 			$0 	
Excess (deficiency) of revenues
over (under) expenditures		$199 		
	$36,736 		
	$30,780 		
	($5,956) 	

Net change in fund balance	
$199		
$36,736		
$30,780		
($5,956)	

FUND BALANCE - Beginning	
$27,693				
$44,388			
FUND BALANCE - Ending		$27,892 					$75,168 			

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT
Long Term Debt Report FY 2021

Series 2013, Special Assessment Bonds		
Interest Rate:	3.000%		
Maturity Date:	5/1/20	$780,000.00	
Interest Rate:	3.25%		
Maturity Date:	5/1/21	$805,000.00	
Interest Rate:	3.375%		
Maturity Date:	5/1/22	$835,000.00	
Interest Rate:	3.500%		
Maturity Date:	5/1/23	$865,000.00	
Interest Rate:	3.625%		
Maturity Date:	5/1/24	$895,000.00	
Interest Rate:	3.75%		
Maturity Date:	5/1/25	$925,000.00	
Interest Rate:	3.875%		
Maturity Date:	5/1/26	$965,000.00	
Interest Rate:	4.125%		
Maturity Date:	5/1/35	$10,740,000.00	
Reserve Fund Requirement:	50% Max Annual Debt Service		

Bonds outstanding - 9/30/2020	

$16,030,000.00	
Less:	May 1, 2021 (Mandatory)	$0.00	
Current Bonds Outstanding	$16,030,000.00	
	
Series 2014, Special Assessment Bonds

Interest Rate:	4.75%
Maturity Date:	5/1/40
Reserve Fund Requirement:

Bonds outstanding - 9/30/2020
Less:	May 1, 2021 (Mandatory)	

$771,000.00	
	
$756,000.00
$0.00	
Current Bonds Outstanding	$756,000.00	

Total Current Bonds Outstanding	$16,786,000.00

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT
COMBINED BALANCE SHEET
June 30, 2021

	Major Funds		Total	
	
	General		Debt Service
	Fund		Governmental
	Funds		
ASSETS:
Cash	
$113,662	
---	
$113,662	
Due From Other	$811	---	$811	
Due From Other Funds	---	$39,445	$39,445	
Investment - State Board (Surplus)	$208,559	---	$208,559	
Investment - State Board (Cap Reserve) Investments - Series 2013:
Reserve A	$661,578

---	---

$729,116	$661,578

$729,116	
Revenue A
Investments - Series 2014: Reserve A	---

---	$1,005,771

$15,000	$1,005,771

$15,000	
Revenue A	---	$26,646	$26,646	
General Redemption	---	$9	$9	
Deposits-Electric	$1,003	---	$1,003	
Total Assets		$985,613 		  $1,815,987 			$2,801,600 	

LIABILITIES:
Accounts Payable	

$2,450	

---	

$2,450	
Due to Other Funds		$39,445 		--- 		$39,445 	
Total Liabilities		$41,895 		$0 		$41,895 	
FUND BALANCES:
Nonspendable: Prepaid items	

$1,003	

---	

$1,003	
Restricted for:
Debt Service	
---	
$1,815,987	
$1,815,987	
Assigned	$661,578	---	$661,578	
Unassigned		$281,137 		--- 		$281,137 	
Total Fund Balances		$943,718 	  $1,815,987 		$2,759,705 	
TOTAL LIABILITIES AND FUND BALANCES		$985,613 	  $1,815,987 		$2,801,600 	

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT GENERAL FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ending June 30, 2021

	ADOPTED		PRORATED BUDGET		ACTUAL		
 DESCRIPTION		BUDGET	THRU 06/30/21	THRU 06/30/21	VARIANCE	

REVENUES:					
Assessments - On Roll	$98,514	$98,514	$96,015	($2,499)	
Contributions - HOA	$14,250	$10,688	$7,418	($3,270)	
Interest Income	$500	$375	$1,072	$697	
TOTAL REVENUES	$113,264		$109,577		$104,505		($5,072)	

EXPENDITURES:					
ADMINISTRATIVE:					
Supervisor Fees	$6,000	$4,500	$600	$3,900	
FICA Expense	$459	$344	$46	$298	
Unemployment	$150	$113	$0	$113	
Engineering	$12,500	$9,375	$2,018	$7,357	
Arbitrage	$600	$450	$0	$450	
Dissemination	$1,100	$825	$916	($91)	
Attorney	$20,000	$13,333	$4,000	$9,333	
Annual Audit	$4,100	$4,100	$4,000	$100	
Trustee Fees	$10,500	$10,500	$10,415	$85	
Management Fees	$45,672	$34,254	$34,254	($0)	
Computer Time	$1,000	$750	$750	$0	
Telephone	$250	$188	$0	$188	
Postage	$250	$188	$112	$76	
Printing & Binding	$1,000	$750	$12	$738	
Rentals & Leases	$2,400	$1,800	$1,800	$0	
Insurance	$6,812	$6,812	$6,503	$309	
Legal Advertising	$1,000	$750	$185	$565	
Other Current Charges	$500	$375	$423	($48)	
Office Supplies	$250	$188	$0	$188	
Dues, Licenses & Subscriptions	$175	$175	$175	$0	
Website Compliance	$1,000	$750	$750	$0	
TOTAL ADMINISTRATIVE	$115,718		$90,518		$66,959		$23,559	

FIELD:
Electricity-Madeira	

$6,000	

$4,500	

$3,941	

$559	
Electricity-Antilles/Belize	$14,250	$10,688	$7,418	$3,270	
Reserves - Emergency Funds	$4,227	$3,170	$0	$3,170	
TOTAL FIELD	$24,477		$18,358		$11,359		$6,999	

TOTAL EXPENDITURES	$140,195		$108,876		$78,318		$30,558	
Excess (deficiency) of revenues over (under) expenditures	

($26,930)	

$701	

$26,187	

$25,486	

FUND BALANCE - Beginning	
$26,930		

$917,531		
FUND BALANCE - Ending	($0)		$943,718		

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT SERIES 2013
DEBT SERVICE FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ending June 30, 2021

	ADOPTED	PRORATED BUDGET	ACTUAL		
 DESCRIPTION			BUDGET		 THRU 06/30/21 	 THRU 06/30/21 		VARIANCE		
REVENUES:					
Interest Income	$0	$0	$459	$459	
Assessments - On Roll	$1,458,233	$1,458,233	$1,421,243	($36,990)	
TOTAL REVENUES		$1,458,233 		$1,458,233 		$1,421,702 			($36,531) 	
EXPENDITURES:					
Series 2013
Interest - 11/1	
$316,084	
$316,084	
$316,084	
($0)	
Interest - 05/1	$316,084	$316,084	$316,084	($0)	
Principal - 05/01	$805,000	$805,000	$805,000	$0	
TOTAL EXPENDITURES		$1,437,168 		$1,437,168 		$1,437,169 			($1) 	
Excess (deficiency) of revenues over (under) expenditures	
	$21,065 	
	$21,065 	
	($15,467) 	
	($36,532) 	
Net change in fund balance	$21,065	$21,065	($15,467)	($36,532)	

FUND BALANCE - Beginning	

$1,059,011		
$1,788,308		
FUND BALANCE - Ending		$1,080,076 			$1,772,841 		

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT SERIES 2014
DEBT SERVICE FUND
Statement of Revenues, Expenditures, and Changes in Fund Balance For the Period Ending June 30, 2021

		ADOPTED	PRORATED BUDGET	ACTUAL			
 DESCRIPTION			BUDGET		 THRU 06/30/21 	 THRU 06/30/21 		VARIANCE		
REVENUES:					
Interest Income	$0	$0	$10	$10	
Assessments - On Roll	$57,272	$57,272	$55,820	($1,452)	
TOTAL REVENUES		$57,272 		$57,272 		$55,830 			($1,442) 	
EXPENDITURES:					
Series 2014
Interest - 11/1	
$20,536	
$20,536	
$20,536	
$0	
Interest - 5/1	$20,536	$20,536	$20,536	$0	
Principal- 5/01	$16,000	$16,000	$16,000	$0	
TOTAL EXPENDITURES		$57,073 		$57,073 		$57,073 			$0 	
Excess (deficiency) of revenues over (under) expenditures	
	$199 	
	$199 	
	($1,242) 	
	($1,442) 	
Net change in fund balance	$199	$199	($1,242)	($1,442)	

FUND BALANCE - Beginning	

$27,693		
$44,388		
FUND BALANCE - Ending		$27,892 			$43,146 		

ISLANDS AT DORAL III
COMMUNITY DEVELOPMENT DISTRICT
Long Term Debt Report FY 2021

Series 2013, Special Assessment Bonds		
Interest Rate:	3.000%		
Maturity Date:	5/1/20	$780,000.00	
Interest Rate:	3.25%		
Maturity Date:	5/1/21	$805,000.00	
Interest Rate:	3.375%		
Maturity Date:	5/1/22	$835,000.00	
Interest Rate:	3.500%		
Maturity Date:	5/1/23	$865,000.00	
Interest Rate:	3.625%		
Maturity Date:	5/1/24	$895,000.00	
Interest Rate:	3.75%		
Maturity Date:	5/1/25	$925,000.00	
Interest Rate:	3.875%		
Maturity Date:	5/1/26	$965,000.00	
Interest Rate:	4.125%		
Maturity Date:	5/1/35	$10,740,000.00	
Reserve Fund Requirement:	50% Max Annual Debt Service		

Bonds outstanding - 9/30/2020	

$16,030,000.00	
Less:	May 1, 2021 (Mandatory)	($805,000.00)	
Current Bonds Outstanding	$15,225,000.00	
	
Series 2014, Special Assessment Bonds		
Interest Rate:	4.75%		
Maturity Date:	5/1/40	$771,000.00	
Reserve Fund Requirement:		
Bonds outstanding - 9/30/2020	
$756,000.00	
Less:	May 1, 2021 (Mandatory)	($16,000.00)	
Current Bonds Outstanding	$740,000.00	

Total Current Bonds Outstanding	$15,965,000.00