Feed Mill
Community Development District

Board of Supervisors’
Meeting
September 24, 2025
District Office: 2806 N. Fifth Street Unit 403
St. Augustine, FL 32084

FEED MILL
COMMUNITY DEVELOPMENT DISTRICT

1845 Town Center Blvd, Suite 105, Fleming Island, FL 32003

Board of Supervisors	Daniel McCormick Jeremy Hampson Gerald Agresti Clay Crevasse Liam O’Reilly	Chairman Vice Chairman
Assistant Secretary Assistant Secretary Assistant Secretary	
District Manager	Lesley Gallagher	Rizzetta & Company, Inc.	
District Manager	Melissa Dobbins	Rizzetta & Company, Inc.	
District Counsel	Katie Buchanan	Kutak Rock, LLP	
District Engineer	Daniel Welch	England-Thims & Miller	

All cellular phones must be placed on mute while in the meeting room.

The Audience Comments portion will be held at the beginning of the meeting. During this portion of the agenda, audience members may make comments on matters that concern the District (CDD) and will be limited to a total of three (3) minutes to make their comments.

Pursuant to provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this meeting/hearing/workshop is asked to advise the District Office at least forty-eight (48) hours before the meeting/hearing/workshop by contacting the District Manager at (239) 936-0913. If you are hearing or speech impaired, please contact the Florida Relay Service by dialing 7-1-1, or 1-800-955-8771 (TTY)
1-800-955-8770 (Voice), who can aid you in contacting the District Office.

A person who decides to appeal any decision made at the meeting/hearing/workshop with respect to any matter considered at the meeting/hearing/workshop 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 the appeal is to be based.

FEED MILL COMMUNITY DEVELOPMENT DISTRICT

District Office · St. Augustine, Florida · (904) 436-6270
Mailing Address – 3434 Colwell Avenue, Suite 200, Tampa, Florida 33614

Board of Supervisors	September 17, 2025 Feed Mill Community
Development District
FINAL AGENDA

Dear Board Members:

The regular meeting of the Board of Supervisors of the Feed Mill Community Development District will be held on September 24, 2025 at 9:00 a.m. at 1845 Town Center Blvd., Suite 105 Fleming Island, Florida 32003.

CALL TO ORDER/ROLL CALL
AUDIENCE COMMENTS
BUSINESS ADMINISTRATION
A.) Consideration of the Minutes of the Board of Supervisors’ Special
Meeting Held August 27, 2025	Tab 1
Staff Reports
District Counsel
District Engineer
District Manager
Business Items
Consideration of Final Supplemental Assessment Allocation Report –
Parcel 1 – Assessment Area One – (Under Separate Cover)
Consideration of Resolution 2025-11, Supplemental Assessment – (Under Separate Cover)
Consideration of Requisition 1 (2025 Parcel 1 Project).	Tab 2
Consideration of District’s Insurance Policy Renewal for
Fiscal Year 2025/26	Tab 3
Supervisor Requests
Adjournment

We look forward to seeing you at the meeting. In the meantime, if you have any questions, please do not hesitate to call us at 904-436-6270.

Very truly yours,
Lesley Gallagher
District Manager

4927-6268-9551.1

Tab 1

FEED MILL COMMUNITY DEVELOPMENT DISTRICT
August 27, 2025 Minutes of Meeting
Page 1

1	MINUTES OF MEETING
2
Each person who decides to appeal any decision made by the Board with respect to any
matter considered at the meeting is advised that 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.
7
8	FEED MILL
9	COMMUNITY DEVELOPMENT DISTRICT
10
11	The meeting of the Board of Supervisors of Feed Mill Community Development District
12  was held on August 27, 2025 at 9:00 a.m. at 1845 Town Center Blvd, Suite 105, Fleming
13  Island, FL 32003.
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15
16	Present and constituting a quorum:
17

18	Daniel McCormick
19	Gerald Agresti
20	Jeremy Hampson
21	Clayton Crevasse
22	Liam O’Reilly
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25	Also present were:
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27	Lesley Gallagher
28	Kayla Connell
29
30	Katie Buchanan
31	Dan Welch
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Board Member, Chairman
Board Member, Assistant Secretary Board Member, Assistant Secretary
Board Member, Assistant Secretary (via speakerphone)
Board Member, Assistant Secretary

District Manager, Rizzetta & Company, Inc.
District Financial Services, Rizzetta & Company, Inc.
(via speakerphone)
District Counsel, Kutak Rock LLP (via speakerphone)
District Engineer, England-Thims & Miller (via speakerphone)

34  FIRST ORDER OF BUSINESS	CALL TO ORDER
35
36  It was noted that Mr. Hampson took oath prior to the meeting.
37
38  Ms. Gallagher called the meeting to order at 9:02 a.m.
39

40  SECOND ORDER OF BUSINESS
41

AUDIENCE COMMENTS

42  There were no audience members present.
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FEED MILL COMMUNITY DEVELOPMENT DISTRICT
August 27, 2025 Minutes of Meeting
Page 2

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THIRD ORDER OF BUSINESS	CONSIDERATION OF THE MINUTES OF THE
BOARD	OF	SUPERVISORS’	REGULAR
MEETING HELD July 23, 2025

On a motion by Mr. McCormick, seconded by Mr. Hampson, with all in favor, the Board approved minutes of the Board of Supervisors’ regular meeting held July 23, 2025, for Feed Mill Community Development District.

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FOURTH ORDER OF BUSINESS	RATIFICATION OF THE OPERATION AND
MAINTENANCE EXPENDITURES FOR
JULY 2025

On a motion by Mr. McCormick, seconded by Mr. Hampson, with all in favor, the Board ratified operation and maintenance expenditures for July 2025, in the amount of $0.00, for Feed Mill Community Development District.

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61  FIFTH ORDER OF BUSINESS	CONSIDERATION OF RESOLUTION 2025-09,
62	REDESIGNATING VICE CHAIRMAN
63
On a motion by Mr. McCormick, seconded by Mr. O’Reilly, with all in favor, the Board adopted Resolution 2025-09, redesignating Mr. Hampson as Vice Chairman, for Feed Mill Community Development District.
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65  SIXTH ORDER OF BUSINESS	STAFF REPORTS
66
67	A.	District Counsel
68
69	Ms. Buchanan did not have a report but was available for any questions.
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71	B.	District Engineer
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73	Mr. Welch updated the Board that Cathedral Oak Parkway was now open.
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75	C.	District Manager
76
Ms. Gallagher updated the board that the district’s insurance renewal proposal was not yet
available and if it should be received between meetings, she has prior approval to work with the
Chairman to have this in place for 10/1/25. She also received confirmation that there was no
property to be added at this time.
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FEED MILL COMMUNITY DEVELOPMENT DISTRICT
August 27, 2025 Minutes of Meeting
Page 3

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SEVENTH ORDER OF BUSINESS	CONSIDERATION OF FIRST
SUPPLEMENTAL ENGINEER’S REPORT TO
THE CAPITAL IMPROVEMENT PLAN DATED
AUGUST 1, 2025

On a motion by Mr. McCormick, seconded by Mr. Hampson, with all in favor, the Board approved First Supplemental Engineer’s Report to the Capital Improvement Plan, dated August 1, 2025, in substantial form, for Feed Mill Community Development District.

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EIGHTH ORDER OF BUSINESS	CONSIDERATION OF PRELIMINARY
SUPPLEMENTAL SPECIAL ASSESSMENT
ALLOCATION REPORT – PARCEL 1 –
ASSESSMENT AREA ONE, DATED
AUGUST 24, 2025
104
Ms. O’Connell reviewed that this report was for parcel (1) one only and was based
on estimated preliminary numbers and a target assessment.
107
On a motion by Mr. McCormick, seconded by Mr. Hampson, with all in favor, the Board approved Preliminary Supplemental Special Assessment Allocation Report – Parcel 1 – Assessment Area One, dated August 24, 2025 in substantial form, for Feed Mill Community Development District.
108
NINTH ORDER OF BUSINESS	CONSIDERATION OF ANCILLARY
DOCUMENTS
111
i.	Acquisition Agreement
ii. Collateral Assignment
iii. Completion Agreement
iv. True Up Agreement
v. Declaration of Consent
117
118	Ms. Buchanan provided a brief overview of the ancillary documents and then outlined the
119  next steps of the finance timeframe.

On a motion by Mr. McCormick, seconded by Mr. Hampson, with all in favor, the Board approved the Acquisition Agreement. Collateral Assignment, Completion Agreement, True Up Agreement and Declaration of Consent, all in substantial form, for Feed Mill Community Development District.

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128  TENTH ORDER OF BUSINESS
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131  This item was tabled at this time.
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133  ELEVENTH ORDER OF BUSINESS
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FEED MILL COMMUNITY DEVELOPMENT DISTRICT
August 27, 2025 Minutes of Meeting
Page 4

CONSIDERATION OF RESOLUTION 2025-11, SUPPLEMENTAL ASSESSMENT

PUBLIC HEARING ON FISCAL YEAR 2025- 2026 BUDGET & PUBLIC HEARING ON FISCAL YEAR 2025-2026 SPECIAL ASSESSMENTS

On a motion by Mr. McCormick, seconded by Mr. Hampson, with all in favor, the Board opened the Public Hearings on Fiscal Year 2025-2026 Budget and on Fiscal Year 2025-2026 Special Assessments, for Feed Mill Community Development District.
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139  No public comments.
140
141  Ms. Gallagher updated the board that the proposed budget included updated year to date
142  information as well as some fiscal year 2024/25 projection updates as well as the removal of the
143  debt service with footnotes added.

On a motion by Mr. McCormick, seconded by Mr. Hampson, with all in favor, the Board closed the Public Hearings on Fiscal Year 2025-2026 Budget and Fiscal Year 2025-2026 Special Assessments, for Feed Mill Community Development District.

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145
146	1.) Consideration of Resolution 2025-12, Adopting Fiscal Year 2025-2026 Budget

On a motion by Mr. McCormick, seconded by Mr. Hampson, with all in favor, the Board adopted Resolution 2025-12, approving Fiscal Year 2025-2026 Budget as presented, for Feed Mill Community Development District.

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149	1.) Consideration of Resolution 2025-13, Imposing Special Assessments

On a motion by Mr. McCormick, seconded by Mr. Hamspon, with all in favor, the Board adopted Resolution 2025-13, approving Imposing Special Assessments, for Feed Mill Community Development District.

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151
152  TWELVTH ORDER OF BUSINESS	CONSIDERATION OF DEFICIT FUNDING
153	AGREEMENT

On a motion by Mr. McCormick, seconded by Mr. Hampson, with all in favor, the Board approved the Deficit Funding Agreement, for Feed Mill Community Development District.

154

FEED MILL COMMUNITY DEVELOPMENT DISTRICT
August 27, 2025 Minutes of Meeting
Page 5

159
160  THIRTEENTH ORDER OF BUSINESS	CONSIDERATION OF RESOLUTION 2025-14,
161	SETTING FISCAL YEAR 2025-26 REGULAR
162	MEETING DATES

On a motion by Mr. McCormick, seconded by Mr. Hampson, with all in favor, the Board adopted Resolution 2025-14, as amended to remove the months of November and December, setting Fiscal Year 2025-2026 regular meeting dates, for Feed Mill Community Development District.

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165  FOURTEENTH ORDER OF BUSINESS
166
167  No Supervisor requests
168
169  FIFTEENTH ORDER OF BUSINESS
170

SUPERVISOR REQUESTS

ADJOURNMENT

On a motion by Mr. McCormick, seconded by Mr. Agresti, with all in favor, the Board adjourned meeting at 9:16 a.m., for Feed Mill Community Development District.
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FEED MILL COMMUNITY DEVELOPMENT DISTRICT
August 27, 2025 Minutes of Meeting
Page 6

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209
 		 	
Secretary/Assistant Secretary	Chairman/Vice Chairman

Tab 2

FEED MILL COMMUNITY DEVELOPMENT DISTRICT
The undersigned, an Authorized Officer of Feed Mill Community Development District (the "District") hereby submits the following requisition for disbursement under and pursuant to the terms of the Master Trust Indenture between the District and U.S. Bank Trust Company, National Association, Orlando, Florida, as trustee (the "Trustee"), dated as of September 1, 2025, as amended and supplemented by the First Supplemental Trust Indenture between the District and the Trustee, dated as of September 1 (collectively, the "Indenture"). All capitalized terms used herein shall have the meaning ascribed to such term in the Indenture.
Requisition Number: 1
Name of Payee: SRTG DEV OWNER, LLC
Amount Payable: $5,681,044.01
Purpose for which paid or incurred (refer also to specific contract if amount is due and payable pursuant to a contract involving progress payments or state costs of issuance, if applicable):
Repayment of funds expended pursuant to Construction Funding Agreement dated February 11, 2025 entered into in connection with the 2025 Parcel 1 Project contract between CDD and Vallencourt Construction Co.
Fund, Account or subaccount from which disbursement is to be made: 2025 Acquisition and Construction Account
The undersigned hereby certifies that:
obligations in the stated amount set forth above have been incurred by the District, that each disbursement set forth above is a proper charge against the 2025 Acquisition and Construction Account and the subaccount, if any, referenced above, that each disbursement set forth above was incurred in connection with the acquisition and/or construction of the 2025 Parcel 1 Project and each represents a Cost of the 2025 Parcel 1 Project that has not previously been paid out of such Account or subaccount;
OR
this requisition is for costs of issuance payable from the 2025 Costs of Issuance Account that has not previously been paid out of such Account.
The undersigned hereby further certifies that there has not been filed with or served upon the District notice of any lien, right to lien, or attachment upon, or claim affecting the right to receive payment of, any of the moneys payable to the Payee set forth above, which has not been released or will not be released simultaneously with the payment hereof.

The undersigned hereby further certifies that such requisition contains no item representing payment on account of any retained percentage which the District is at the date of such certificate entitled to retain.
Originals or copies of the invoice(s) from the contractor of the improvements acquired or services rendered (or other equivalent supporting documents) with respect to which disbursement is hereby requested are on file with the District.
FEED MILL COMMUNITY DEVELOPMENT DISTRICT

By: 	
Authorized Officer

CONSULTING ENGINEER'S APPROVAL FOR NON-COST OF ISSUANCE REQUESTS ONLY

If this requisition is for a disbursement from other than the 2025 Costs of Issuance Account, the undersigned Consulting Engineer hereby certifies that this disbursement is for a Cost of the 2025 Parcel 1 Project and is consistent with (a) the applicable acquisition or construction contract,
(b) the plans and specifications for the portion of the 2025 Parcel 1 Project with respect to which such disbursement is being made, and (c) the report of the Consulting Engineer attached as an Exhibit to the First Supplemental Indenture, as such report shall have been amended or modified on the date hereof.

Consulting Engineer

Tab 3

Egis Insurance & Risk Advisors
Is pleased to provide a Proposal of Insurance Coverage for:

Feed Mill Community Development District

Please review the proposed insurance coverage terms and conditions carefully. Written request to bind must be received prior to the effective date of coverage.

The brief description of coverage contained in this document is being provided as an accommodation only and is not intended to cover or describe all Coverage Agreement terms. For more complete and detailed information relating to the scope and limits of coverage, please refer directly to the Coverage Agreement documents. Specimen forms are available upon request.

About FIA

Florida Insurance Alliance (“FIA”), authorized and regulated by the Florida Office of Insurance Regulation, is a non-assessable, governmental insurance Trust. FIA was created in September 2011 at a time when a large number of Special Taxing Districts were having difficulty obtaining insurance.
Primarily, this was due to financial stability concerns and a perception that these small to mid-sized Districts had a disproportionate exposure to claims. Even districts that were claims free for years could not obtain coverage. FIA was created to fill this void with the goal of providing affordable insurance coverage to Special Taxing Districts. Today, FIA proudly serves and protects over 1,000 public entity members.
Competitive Advantage
FIA allows qualifying Public Entities to achieve broad, tailored coverages with a cost-effective insurance program. Additional program benefits include:
Insure-to-value property limits with no coinsurance penalties
First dollar coverage for “alleged” public official ethics violations
Proactive in-house claims management and loss control department
Risk management services including on-site loss control, property schedule verification and contract reviews
Complimentary Property Appraisals
Online Risk Management Education & Training portal
Online HR & Benefits Support portal
HR Hotline
Safety Partners Matching Grant Program

How are FIA Members Protected?
FIA employs a conservative approach to risk management. Liability risk retained by FIA is fully funded prior to the policy term through member premiums. The remainder of the risk is transferred to reinsurers. FIA’s primary reinsurers, Lloyds of London and Hudson Insurance Company, both have AM Best A XV (Excellent) ratings and surplus of $2Billion or greater.

In the event of catastrophic property losses due to a Named Storm (i.e., hurricane), the program bears no risk as all losses are passed on to the reinsurers.

What Are Members Responsible For?
As a non-assessable Trust, our members are only responsible for two items:
Annual Premiums
Individual Member Deductibles

FIA Bylaws prohibit any assessments or other fees.

Additional information regarding FIA and our member services can be found at www.fia360.org.

Quotation being provided for:

Feed Mill Community Development District
c/o Rizzetta & Company 3434 Colwell Ave, Suite 200 Tampa, FL 33614

Term: October 1, 2025 to October 1, 2026
Quote Number: 1001251129

PROPERTY COVERAGE
SCHEDULE OF COVERAGES AND LIMITS OF COVERAGE
COVERED PROPERTY	
Total Insured Values –Building and Contents – Per Schedule on file totalling	Not Included	
Loss of Business Income	Not Included	
Additional Expense	Not Included	
Inland Marine	
Scheduled Inland Marine	Not Included	
It is agreed to include automatically under this Insurance the interest of mortgagees and loss payees where applicable without advice.

	Valuation	Coinsurance	
Property	Replacement Cost	None	
Inland Marine	Actual Cash Value	None	

DEDUCTIBLES:	Not Applicable	Per Occurrence, All other Perils, Building & Contents and
Extensions of Coverage.	
	Not Applicable	Total Insured Values per building, including vehicle values, for “Named Storm” at each affected location
throughout Florida subject to a minimum of Not Applicable per occurrence, per Named Insured.	
	Per Attached Schedule	Inland Marine	

Special Property Coverages	
Coverage	Deductibles	Limit	
Earth Movement	Not Applicable	Not Included	
Flood	Not Applicable	Not Included	
Boiler & Machinery	Not Applicable	Not Included	
TRIA		Not Included	
*Except for Zones A & V (see Terms and Conditions) excess of NFIP, whether purchased or not

TOTAL PROPERTY PREMIUM	Not Included

Extensions of Coverage
If marked with an "X" we will cover the following EXTENSIONS OF COVERAGE under this Agreement, These limits of liability do not increase any other applicable limit of liability.

(X)	Code	Extension of Coverage	Limit of Liability	
	A	Accounts Receivable	$500,000 in any one occurrence	
	B	Animals	$1,000 any one Animal
$5,000 Annual Aggregate in any one agreement period	
	C	Buildings Under Construction	As declared on Property Schedule, except new buildings being erected at sites other than a covered location which is limited to $250,000
estimated final contract value any one construction project.	
	D	Debris Removal Expense	$250,000 per insured or 25% of loss, whichever is greater	
	
E	Demolition Cost, Operation of Building
Laws and Increased Cost of
Construction	
$500,000 in any one occurrence	
	F	Duty to Defend	$100,000 any one occurrence	
	G	Errors and Omissions	$250,000 in any one occurrence	
	H	Expediting Expenses	$250,000 in any one occurrence	
	I	Fire Department Charges	$50,000 in any one occurrence	
	J	Fungus Cleanup Expense	$50,000 in the annual aggregate in any one occurrence	
	K	Lawns, Plants, Trees and Shrubs	$50,000 in any one occurrence	
	L	Leasehold Interest	Included	
	M	Air Conditioning Systems	Included	
	
N	New locations of current Insureds	$1,000,000 in any one occurrence for up to 90 days, except 60 days for Dade, Broward, Palm Beach from the date such new location(s) is first purchased, rented or occupied whichever is earlier. Monroe County on
prior submit basis only	
	O	Personal property of Employees	$500,000 in any one occurrence	
	P	Pollution Cleanup Expense	$50,000 in any one occurrence	
	Q	Professional Fees	$50,000 in any one occurrence	
	R	Recertification of Equipment	Included	
	S	Service Interruption Coverage	$500,000 in any one occurrence	
	T	Transit	$1,000,000 in any one occurrence	
	U	Vehicles as Scheduled Property	Included	
	V	Preservation of Property	$250,000 in any one occurrence	
	W	Property at Miscellaneous Unnamed Locations	$250,000 in any one occurrence	
	X	Piers, docs and wharves as Scheduled Property	Included on a prior submit basis only	

	Y	Glass and Sanitary Fittings Extension	$25,000 any one occurrence	
	Z	Ingress / Egress	45 Consecutive Days	
	AA	Lock and Key Replacement	$2,500 any one occurrence	
	BB	Awnings, Gutters and Downspouts	Included	
	CC	Civil or Military Authority	45 Consecutive days and one mile	

CRIME COVERAGE	
Description	Limit	Deductible	
Forgery and Alteration	Not Included	Not Included	
Theft, Disappearance or Destruction	Not Included	Not Included	
Computer Fraud including Funds Transfer Fraud	Not Included	Not Included	
Employee Dishonesty, including faithful performance, per loss	Not Included	Not Included	

AUTOMOBILE COVERAGE

Coverages	Covered
Autos	Limit	Premium	
Covered Autos Liability	8,9	$1,000,000	Included	
Personal Injury Protection	N/A		Not Included	
Auto Medical Payments	N/A		Not Included	
Uninsured Motorists including Underinsured
Motorists	N/A		Not Included	
Physical Damage Comprehensive Coverage	N/A	Actual Cash Value Or Cost Of Repair, Whichever Is Less, Minus Applicable Deductible (See Attached Schedule)
For Each Covered Auto, But No Deductible Applies To Loss Caused By Fire or Lightning.

See item Four for Hired or Borrowed Autos.	Not Included	
Physical Damage Specified Causes of Loss Coverage	N/A	Actual Cash Value Or Cost Of Repair, Whichever Is Less, Minus Applicable Deductible (See Attached Schedule)
For Each Covered Auto For Loss Caused By Mischief Or Vandalism
See item Four for Hired or Borrowed Autos.	Not Included	
Physical Damage Collision Coverage	N/A	Actual Cash Value Or Cost Of Repair, Whichever Is Less, Minus Applicable Deductible (See Attached Schedule)
For Each Covered Auto
See item Four for Hired or Borrowed Autos.	Not Included	
Physical Damage Towing And Labor	N/A	$0 For Each Disablement Of A Private Passenger Auto	Not Included	

GENERAL LIABILITY COVERAGE (Occurrence Basis)
Bodily Injury and Property Damage Limit	$1,000,000
Personal Injury and Advertising Injury	Included
Products & Completed Operations Aggregate Limit	Included
Employee Benefits Liability Limit, per person	$1,000,000
Herbicide & Pesticide Aggregate Limit	$1,000,000
Medical Payments Limit	$5,000
Fire Damage Limit	Included
No fault Sewer Backup Limit	$25,000/$250,000
General Liability Deductible	$0

PUBLIC OFFICIALS AND EMPLOYMENT PRACTICES LIABILITY (Claims Made)

Public Officials and Employment Practices Liability Limit	Per Claim	$1,000,000	
	Aggregate	$2,000,000	
Public Officials and Employment Practices Liability Deductible		$0	
Supplemental Payments: Pre-termination $2,500 per employee - $5,000 annual aggregate. Non-Monetary $100,000 aggregate.
Cyber Liability sublimit included under POL/EPLI Media Content Services Liability
Network Security Liability
Privacy Liability
First Party Extortion Threat First Party Crisis Management
First Party Business Interruption
Limit: $100,000 each claim/annual aggregate Fraudulent Instruction: $25,000

PREMIUM SUMMARY

Feed Mill Community Development District
c/o Rizzetta & Company 3434 Colwell Ave, Suite 200 Tampa, FL 33614

Term: October 1, 2025 to October 1, 2026

Quote Number: 1001251129

PREMIUM BREAKDOWN

Property (Including Scheduled Inland Marine) Crime 
Automobile Liability Hired Non-Owned Auto Auto Physical Damage General Liability
Public Officials and Employment Practices Liability Deadly Weapon Protection Coverage
TOTAL PREMIUM DUE

Not Included Not Included Not Included
Included Not Included
$2,915

$2,385

Not Included

$5,300

IMPORTANT NOTE
Defense Cost - Outside of Limit, Does Not Erode the Limit for General Liability, Public Officials Liability, and Employment related Practices Liability.
Deductible does not apply to defense cost. Self-Insured Retention does apply to defense cost.

Additional Notes:
Optional Additional Coverage: $100,000 in Crime Coverage would result in an additional premium of $500.

PARTICIPATION AGREEMENT
Application for Membership in the Florida Insurance Alliance
The undersigned local governmental entity, certifying itself to be a public agency of the State of Florida as defined in Section 163.01, Florida Statutes, hereby formally makes application with the Florida Insurance Alliance (“FIA”) for continuing liability and/or casualty coverage through membership in FIA, to become effective 12:01 a.m., 10/01/2025, and if accepted by the FIA’s duly authorized representative, does hereby agree as follows:
That, by this reference, the terms and provisions of the Interlocal Agreement creating the Florida Insurance Alliance are hereby adopted, approved and ratified by the undersigned local governmental entity. The undersigned local governmental entity certifies that it has received a copy of the aforementioned Interlocal Agreement and further agrees to be bound by the provisions and obligations of the Interlocal Agreement as provided therein;
To pay all premiums on or before the date the same shall become due and, in the event Applicant fails to do so, to pay any reasonable late penalties and charges arising therefrom, and all costs of collection thereof, including reasonable attorneys’ fees;

To abide by the rules and regulations adopted by the Board of Directors;

That should either the Applicant or the Fund desire to cancel coverage; it will give not less than thirty (30) days prior written notice of cancellation;
That all information contained in the underwriting application provided to FIA as a condition precedent to participation in FIA is true, correct and accurate in all respects.

Feed Mill Community Development District

(Name of Local Governmental Entity)
By: 			
Signature	Print Name

Witness By: 			
Signature	Print Name

IS HEREBY APPROVED FOR MEMBERSHIP IN THIS FUND, AND COVERAGE IS EFFECTIVE October 1, 2025

By: 	
Administrator