INDIGO
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Indigo Community Development District was held Wednesday, December 12, 2018 at 1:00 p.m. in the Holiday  Inn Daytona  Beach LPGA Boulevard, Ballroom, 137 Automall Circle, Daytona Beach, Florida.

Present and constituting a quorum were:

Thomas G. Leek John McCarthy Robert E. Welsh Donald Parks Mark McCommon

Chairman
Vice Chairman Assistant Secretary Assistant Secretary Assistant secretary

Also Present were:

James Perry Katie Buchanan
Kurt von der Osten
Jamie Rountree

District Manager
District Counsel by telephone Field Operations Manager Team Rountree

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

SECOND ORDER OF BUSINESS	Audience Comments
Mr. Freeman stated I own a few development companies out of Orlando, Florida and Windemere. We've purchased one lot so far within the Indigo community and we plan  on building on the lot. My interest in coming to the meeting is to find out if  there  are  any restrictions and also one of the lots I'm thinking about buying has a notice of unpaid non-ad valorem special assessments, and I need to know if that comes from Indigo or not.
Mr. Perry stated it does.
Mr. Freeman stated I want to talk to somebody about that if possible.
Mr. Perry stated we will do that right after the meeting. Keep in mind that in regards to what type of unit you want to build on a lot this board has no control over development rights.

Mr. Freeman stated I have spoken to the city and county and I was wondering if there are any restrictions from Indigo on building at all.
Mr. Perry stated this district doesn't have any responsibilities or power  over  development; the HOA does that.
Mr. Freeman asked is there an HOA in Indigo or not? Mr. Perry stated yes.
Mr. von der Osten stated you have at least two HOAs.

THIRD ORDER OF BUSINESS	Organizational Matters
Oath of Office for Newly Elected Supervisors
Mr. Perry being a notary public of the State of Florida administered the oath of office to Mr. Welsh, Mr. McCommon and Mr. McCarthy.

Consideration of Resolution 2019-01 Designating Officers
Mr. Perry stated following an election we always look at the current slate of officers, which is the purpose of Resolution 2019-01. The officers as they are now are: Mr. Leek is chair, Mr. Welsh is vice chair, I am the treasurer and secretary, Ariel Lovera and Patti Powers are assistant treasurers, Jim Oliver is an assistant secretary and the remaining board members are assistant secretaries. If you want to change the officers all I ask is that the GMS employees  be left the same as they are now for administrative purposes.

On MOTION by Mr. Parks seconded by Mr. Welsh with all in favor Resolution 2019-01 was approved as follows: Tom Leek chairman, John McCarthy vice chairman, James Perry Secretary  and Treasurer, Ariel Lovera and Patti Powers assistant treasurers, Jim Oliver Bob Welsh, Donald Parks and Mark Mccommon assistant secretaries.

FOURm  ORDER OF BUSINESS	Approval of the Minutes
October 9, 2018 Continued Meeting

October 24, 2018 Meeting

On MOTION by Mr. Welsh seconded by Mr. McCarthy with all in favor the minutes of the October 9, 2018 and October 24, 2018 meetings were approved as presented.

FIFTH ORDER OF BUSINESS
Attorney

Staff Reports

Ms. Buchanan stated I do want to update the board on the settlement agreement as it relates to SW 30 and Parcel 32. At this time it has not been finalized. I have made some requests of the trustee to shore up the agreement in showing the bondholders do in fact consent  to what we understand the deal to be and I'm waiting for them to return those comments to me. I am still optimistic that it will be executed but it is not there yet.
Mr. Leek asked are you waiting to hear from the bondholders' counsel or from the
purchasers?
Ms. Buchanan stated bondholders' counsel.
Mr. Perry stated the structure of the agreement is pretty much what has been discussed all along, so the landowners are fine with it, it is just some of the details  with the bondholders.  If you will remember we went from several hundred units in the 600-700 range down to 464 and there is a delta there that needs to be addressed related to the bonds associated  with  that reduction in units. The landowner is saying he is not going to be able to do 464 it will  probably be somewhat less than that he was saying in the 350 range so if that occurs he will have to pay a true-up payment between what is platted and that 464 units. There are a nwnber of units there  that need to be addressed eventually.
Mr. McCornmon stated they are waiting on the bondholder as well, there is not deal so to speak until that is moving forward.

Engineer
There being none, the next item followed.

Manager
There being none, the next item followed.

Field Operational Manager

Mr. von der Osten stated at the last meeting we discussed replacing some of the lights at the entrances with the LEDs. I presented it and the answer is yes, it has all been approved.  We  are about two weeks behind on starting on the monuments in Grand Champion. We located the original colors and we are proceeding with that. We had one act of vandalism since the last meeting and some people were spray-painting entry monuments on the north side, but we were there the following day.
Mr. Welsh asked what is causing the lights to go on and off on Champions Drive?
Mr. von der Osten responded it is the controller inside the LED. Typically we do have to remove those but we do have a supply of replacements.
Mr. McCarthy asked is there any information from Consolidated about the entry? Mr. von der Osten stated no.
Mr. McCommon stated we had asked them for a follow-up and they are basically non­ responsive?
Mr. von der Osten stated yes, that is accurate.

SIXTH ORDER OF BUSINESS	Supervisors	Requests	and	Audience
Comments
Mr. McCarthy stated we had purchased some Christmas  wreaths  for all four entrances and evidently there are some entrances that don't have electric. What do you think about putting some in?
Mr. von der Osten stated I certainly could there is electricity generally in the area, we could run an underground conduit.
Mr. Perry stated work up an estimate and we will look at it at the next meeting.
Mr. Rountree stated in the past Team Rountree has always put up the Christmas decorations and that sort of thing. Kurt and I would like the board's approval to start to contact some companies that actually do that type of thing for a  living  because  as the district has grown it has become incredibly more difficult for us to get it done in a timely manner for the homeowners.
Mr. Perry stated okay.
Mr. Freeman stated if I am purchasing one of the lots is there any HOA documentation that is supposed to be mailed to us or anything that I can pick up?
Mr. Perry asked is it a platted lot or a parcel you are talking about?

Mr . Freeman stated it is a parcel. I have a parcel ID with me, there is no address just LPGA Boulevard . I would like to make sure the HOA fees on the lot if there is any that it is paid so it doesn't go into arrears.
Mr. von der Osten stated it looks like the Hayman Wood SW parcel.
Mr. Perry stated the HOA is completely separate from this board but parcels are different than platted lots.

SEVENTH ORDER OF BUSINESS	Approval of Check Register

On MOTION by Mr . Parks seconded by Mr. Mr. McCammon with all in favor the check register was approved.

EIGHTH ORDER OF BUSINESS	Financial Statements as of September 30,
2018
A copy of the financials was included in the agenda package.

NINTH ORDER OF BUSINESS	Other Business
There being none, the next item followed.

TENTH ORDER OF BUSINESS	Next Scheduled Meeting - January 23, 2019
at 1:00 p.m. @ Holiday Inn
Mr. Perry stated the next scheduled meeting is January 23, 2019 at 1:00 p.m. in the same location.

On MOTION by Mr. Welsh seconded by Mr. McCammon with all in favor the meeting adjourned at 1:16 p.m.

Y - -

Chairman/Vice Chairman