MINUTES OF MEETING INDIGO EAST
COMMUNITY DEVELOPMENT DISTRICT
The Regular Meeting of the Board of Supervisors of the Indigo East Community Development District was held on Tuesday, February 20, 2018 at 9:00 a.m. at the Circle Square Commons Cultural Center at 8395 S.W. 80th Street, Ocala, Florida.

Present and constituting a quorum were:
John Gysen Frank DiPiero Harold Brouillard Terry Solan
Also present were:
George Flint Rachel Wagner Robert Stepp Lynette Vermillion Residents

Chairman
Vice Chairman Assistant Secretary Assistant Secretary

District Manager District Counsel
On Top of the World Communities On Top of the World Communities

Due to a technical issue with the audio, the minutes were transcribed based on the District Manager's notes.

FIRST ORDER OF BUSINESS	Roll Call
Mr. Flint called the meeting to order and called the roll. All Supervisors were present.

SECOND ORDER OF BUSINESS	Public Comment Period
There being none, the next item followed.

THIRD ORDER OF BUSINESS	Notice for Meeting
Mr. Flint provided the affidavit of publication for the annual meeting notice, which was published in the Ocala Star Banner. He stated that the meeting location would change starting in May and the annual meeting notice would be revised.

FOURTH ORDER OF BUSNESS	Organizational Matters

February 20, 2018	Indigo East CDD

Review of Letter of Interest
Mr. Flint received a letter of interest from Mr. Donald Barnes.

Appointment of Individual to Fulfill the Board Vacancy with Term Ending November 2020

On MOTION by Mr. Gysen, seconded by Mr. DiPiero, with all in favor, Donald Barnes was appointed to fill the Board vacancy, with a term ending November 2020.

Administration of Oath to Newly Appointed Supervisor
Mr. Barnes was not present. This item was tabled until the next meeting.

Consideration of Resolution 2018-02 Electing Assistant Secretary

On MOTION by Mr. DiPiero seconded by Mr. Brouillard with all in favor, Resolution 2018-02, designating Donald Barnes as Assistant Secretary, was adopted.

FIFTH ORDER OF BUSINESS	Approval of Minutes of the November 21,
2017 Meeting
Mr. Flint presented the minutes of the November 21, 2017 meeting and asked for any additions, corrections or deletions.

On MOTION by Mr. Sloan, seconded by Mr. Gysen, with all in favor, the minutes of the November 21, 2017 meeting, were approved.

SIXTH ORDER OF BUSINESS	Ratification of License Agreement with
On Top of the World Communities, Inc.
Mr. Flint presented the signed License Agreement that the Board previously entered with On Top ofthe World Communities (OTOTWC), for the location and design of signs on a portion of Indigo East property, and requested ratification.

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February 20, 2018

On MOTION by Mr. Brouillard, seconded by Mr. DiPiero, with all in favor, the executed License Agreement with On Top of the World Communities, Inc., was ratified.

Indigo East CDD

SEVENTH ORDEROF BUSINESS	Review and Acceptance of the Fiscal Year
2017 Draft Audit
Mr. Flint presented the draft Fiscal Year 2017 Audit and requested acceptance.

On MOTION by Mr. Gysen, seconded by Mr. Brouillard, with all in favor, the draft Fiscal Year 2017 Audit Report was accepted and Staffwas authorized to transmit the final to the State of Florida.

EIGHTH ORDER OF BUSINESS
Attorney
There not being any, the next item followed.
Engineer
There not being any, the next item followed.
District Manager
Approval of Check Register

Staff Reports

Mr. Flint presented the Check Register for November 15, 2017 through February 9, 2018, totaling $140,566.74. Mr. Gysen asked why streetlight costs were fluctuating. Mr. Flint stated he would research this matter.

On MOTION by Mr. DiPiero, seconded by Mr. Brouillard, with all in favor, the Check Register was aooroved.

Balance Sheet and Income Statement
Mr. Flint presented the Unaudited Financial Statements for January 31, 2018. No action was required.

Consideration of Series 2016 Arbitrage Report
Mr. Flint presented the Arbitrage Rebate Calculation Report for the Series 2016 Bonds, which indicated a negative cumulative rebate requirement.

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February 20, 2018	Indigo East CDD

On MOTION by Mr. Gysen, seconded by Mr. Sloan, with all in favor, the final Arbitrage Rebate Calculation Report for the Series 2016 Bonds was accepted.

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

TENTH ORDER OF BUSINESS	Supervisors Requests
There being none, the next item followed.

ELEVENTH ORDER OF BUSINESS	Adjournment

On MOTION by Mr. Solan, seconded by Mr. Brouillard, with all in favor, the meeting was adjourned.

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