Peace Creek Community Development District Meeting Agenda May 12, 2026 May 5, 2026 Board of Supervisors Meeting Peace Creek Community Development District Dear Board Members: A meeting of the Board of Supervisors of the Peace Creek Community Development District will be held on Tuesday, May 12, 2026, at 10:30 AM at the Lake Alfred Public Library, 245 N Seminole Ave., Lake Alfred, FL 33850. Zoom Video Link: https://us06web.zoom.us/j/84331552378 Call-In Information: 1-305-224-1968 Meeting ID: 843 3155 2378 Following is the advance agenda for the meeting: 1. Roll Call 2. Public Comment Period (Public Comments will be limited to three (3) minutes) 3. Approval of Minutes of the April 14, 2026 Board of Supervisors Meeting 4. Presentation of Arbitrage Report – Series 2023 5. Consideration of Resident Request for Private Swim Lessons 6. Ratification of Towing Services Agreement with Bolton’s 7. Staff Reports A. Attorney B. Engineer C. Field Manager’s Report D. District Manager’s Report i. Approval of Check Register ii. Balance Sheet & Income Statement iii. Presentation of Number of Registered Voters:474 E. Project Development Update i. Status of Property Conveyance ii. Status of Permit Transfers iii. Status of Construction Funds & Requisitions 8. Other Business 9. Supervisors Requests 10. Adjournment This item will be provided under separate cover REBATE REPORT $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Dated: April 18, 2023 Delivered: April 18, 2023 _____________________________________________________ Rebate Report to the Computation Date April 18, 2026 Reflecting Activity To April 18, 2026 TABLE OF CONTENTS AMTEC Opinion 3 Summary of Rebate Computations 4 Summary of Computational Information and Definitions 5 Methodology 7 Sources and Uses 8 Proof of Arbitrage Yield 9 Bond Debt Service 11 Arbitrage Rebate Calculation Detail Report – Acquisition & Construction Fund 13 Arbitrage Rebate Calculation Detail Report – Debt Service Reserve Fund 15 Arbitrage Rebate Calculation Detail Report – Capitalized Interest Fund 16 Arbitrage Rebate Calculation Detail Report – Cost of Issuance Fund 17 Arbitrage Rebate Calculation Detail Report – Rebate Computation Credits 18 April 30, 2026 Peace Creek South Community Development District c/o Ms. Katie Costa Director of Operations – Accounting Division Government Management Services – CF, LLC 6200 Lee Vista Boulevard, Suite 300 Orlando, FL 32822 Re: $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Dear Ms. Costa: AMTEC has prepared certain computations relating to the above referenced bond issue (the “Bonds”) at the request of the Peace Creek South Community Development District (the “District”). The scope of our engagement consisted of preparing the computations shown in the attached schedules to determine the Rebatable Arbitrage as described in Section 103 of the Internal Revenue Code of 1954, Section 148(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and all applicable Regulations issued thereunder. The methodology used is consistent with current tax law and regulations and may be relied upon in determining the rebate liability. Certain computational methods used in the preparation of the schedules are described in the Summary of Computational Information and Definitions. Our engagement was limited to the computation of Rebatable Arbitrage based upon the information furnished to us by the District. In accordance with the terms of our engagement, we did not audit the information provided to us, and we express no opinion as to the completeness, accuracy or suitability of such information for purposes of calculating the Rebatable Arbitrage. We have scheduled our next Report as of April 30, 2027. Thank you and should you have any questions, please do not hesitate to contact us. Very truly yours, Michael J. Scarfo Senior Vice President Trong M. Tran Assistant Vice President SUMMARY OF REBATE COMPUTATIONS Our computations, contained in the attached schedules, are summarized as follows: For the April 18, 2026 Computation Date Reflecting Activity from April 18, 2023 through April 18, 2026 Fund Description Taxable Inv Yield Net Income Rebatable Arbitrage Acquisition & Construction Fund 4.479921% 22,709.99 (4,679.01) Debt Service Reserve Fund 4.407055% 51,479.69 (11,107.98) Capitalized Interest Fund 4.641665% 716.06 (116.87) Cost of Issuance Fund 4.325731% 7.47 (1.93) Totals 4.431788% $74,913.21 $(15,905.79) Bond Yield 5.300436% Rebate Computation Credits (6,702.17) Net Rebatable Arbitrage $(22,607.96) Based upon our computations, no rebate liability exists. SUMMARY OF COMPUTATIONAL INFORMATION AND DEFINITIONS COMPUTATIONAL INFORMATION 1. For purposes of computing Rebatable Arbitrage, investment activity is reflected from April 18, 2023, the date of the closing, to April 18, 2026, the Computation Date. All nonpurpose payments and receipts are future valued to the Computation Date of April 18, 2026. 2. Computations of yield are based on a 360-day year and semiannual compounding on the last day of each compounding interval. Compounding intervals end on a day in the calendar year corresponding to Bond maturity dates or six months prior. 3. For investment cash flow, debt service and yield computation purposes, all payments and receipts are assumed to be paid or received respectively, as shown on the attached schedules. 4. Purchase prices on investments are assumed to be at fair market value, representing an arm's length transaction. 5. During the period between April 18, 2023 and April 18, 2026, the District made periodic payments into the Debt Service Fund that were used, along with the interest earned, to provide the required debt service payments. Under Section 148(f)(4)(A), the rebate requirement does not apply to amounts in certain bona fide debt service funds. The Regulations define a bona fide debt service fund as one that is used primarily to achieve a proper matching of revenues with principal and interest payments within each bond year. The fund must be depleted at least once each bond year, except for a reasonable carryover amount not to exceed the greater of the earnings on the fund for the immediately preceding bond year or 1/12th of the principal and interest payments on the issue for the immediately preceding bond year. We have reviewed the Debt Service Fund and have determined that the funds deposited have functioned as a bona fide debt service fund and are not subject to the rebate requirement. 6. In accordance with Page C-1 of the Arbitrage and Tax Certificate, Exhibit C (Arbitrage Rebate Covenants) the first (initial) Computation Date must be within 60 days of the end of the third Bond Year. After the first required payment date (Computation Date) the District must consistently treat either the last day of each Bond Year or the last day of each fifth Bond Year as the (subsequent) Computation Date(s). Therefore, for purposes of the arbitrage calculation, the first Computation Date is April 18, 2026. DEFINITIONS 7. Computation Date April 18, 2026. 8. Computation Period The period beginning on April 18, 2023, the date of the closing, and ending on April 18, 2026, the Computation Date. 9. Bond Year Each one-year period (or shorter period from the date of issue) that ends at the close of business on the day in the calendar year that is selected by the Issuer. If no day is selected by the Issuer before the earlier of the final maturity date of the issue or the date that is five years after the date of issue, each bond year ends at the close of business on the anniversary date of the issuance. 10. Bond Yield The discount rate that, when used in computing the present value of all the unconditionally payable payments of principal and interest with respect to the Bonds, produces an amount equal to the present value of the issue price of the Bonds. Present value is computed as of the date of issue of the Bonds. 11. Taxable Investment Yield The discount rate that, when used in computing the present value of all receipts of principal and interest to be received on an investment during the Computation Period, produces an amount equal to the fair market value of the investment at the time it became a nonpurpose investment. 12. Issue Price The price determined on the basis of the initial offering price at which price a substantial amount of the Bonds was sold. 13. Rebatable Arbitrage The Code defines the required rebate as the excess of the amount earned on all nonpurpose investments over the amount that would have been earned if such nonpurpose investments were invested at the Bond Yield, plus any income attributable to the excess. Accordingly, the Regulations require that this amount be computed as the excess of the future value of all the nonpurpose receipts over the future value of all the nonpurpose payments. The future value is computed as of the Computation Date using the Bond Yield. 14. Funds and Accounts The Funds and Accounts activity used in the compilation of this Report was received from the District and US Bank, Trustee, as follows: Funds / Accounts Account Number Revenue Account 246452000 Interest Fund 246452001 Sinking Fund Account 246452002 Debt Service Reserve Fund 246452004 Prepayment Account 246452003 Acquisition & Construction Fund 246452005 Costs of Issuance Account 246452006 METHODOLOGY Bond Yield The methodology used to calculate the bond yield was to determine the discount rate that produces the present value of all payments of principal and interest through the maturity date of the Bonds. Investment Yield and Rebate Amount The methodology used to calculate the Rebatable Arbitrage, as of April 18, 2026, was to calculate the future value of the disbursements from all funds, subject to rebate, and the value of the remaining bond proceeds, at the yield on the Bonds, to April 18, 2026. This figure was then compared to the future value of the deposit of bond proceeds into the various investment accounts at the same yield. The difference between the future values of the two cash flows, on April 18, 2026, is the Rebatable Arbitrage. $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Delivered: April 18, 2023 Sources of Funds Par Amount $12,065,000.00 Original Issue Discount -69,414.20 Total $11,995,585.80 Uses of Funds Acquisition & Construction Fund $11,053,560.75 Debt Service Reserve Fund 400,906.25 Capitalized Interest Fund 98,343.80 Cost of Issuance Fund 201,475.00 Underwriter’s Discount 241,300.00 Total $11,995,585.80 Prepared by AMTEC (Finance 8.901) PROOF OF ARBITRAGE YIELD $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Present Value to 04/18/2023 Date Debt Service @ 5.3004356756% 06/15/2023 98,343.80 97,532.58 12/15/2023 310,559.38 300,045.75 06/15/2024 490,559.38 461,715.59 12/15/2024 306,734.38 281,245.47 06/15/2025 496,734.38 443,697.95 12/15/2025 302,696.88 263,397.27 06/15/2026 502,696.88 426,137.39 12/15/2026 298,446.88 246,462.37 06/15/2027 503,446.88 405,020.83 12/15/2027 294,090.63 230,486.25 06/15/2028 509,090.63 388,686.14 12/15/2028 289,521.88 215,340.38 06/15/2029 514,521.88 372,810.43 12/15/2029 284,740.63 200,989.68 06/15/2030 519,740.63 357,397.18 12/15/2030 279,746.88 187,400.10 06/15/2031 524,746.88 342,447.95 12/15/2031 273,468.75 173,857.14 06/15/2032 533,468.75 330,395.36 12/15/2032 266,806.25 160,975.98 06/15/2033 541,806.25 318,455.83 12/15/2033 259,759.38 148,736.16 06/15/2034 544,759.38 303,871.64 12/15/2034 252,456.25 137,186.60 06/15/2035 552,456.25 292,458.06 12/15/2035 244,768.75 126,229.77 06/15/2036 564,768.75 283,737.41 12/15/2036 236,568.75 115,782.64 06/15/2037 571,568.75 272,517.67 12/15/2037 227,984.38 105,894.01 06/15/2038 577,984.38 261,530.62 12/15/2038 219,015.63 96,543.20 06/15/2039 589,015.63 252,937.67 12/15/2039 209,534.38 87,656.09 06/15/2040 599,534.38 244,332.39 12/15/2040 199,540.63 79,220.65 06/15/2041 609,540.63 235,749.00 12/15/2041 189,034.38 71,224.29 06/15/2042 619,034.38 227,217.73 12/15/2042 178,015.63 63,654.00 06/15/2043 633,015.63 220,506.87 12/15/2043 166,356.25 56,452.99 06/15/2044 646,356.25 213,678.04 12/15/2044 153,456.25 49,421.13 06/15/2045 658,456.25 206,583.25 12/15/2045 139,884.38 42,754.08 06/15/2046 674,884.38 200,945.28 12/15/2046 125,506.25 36,404.40 06/15/2047 690,506.25 195,117.54 12/15/2047 110,321.88 30,369.00 06/15/2048 705,321.88 189,145.62 12/15/2048 94,331.25 24,643.63 06/15/2049 724,331.25 184,342.90 12/15/2049 77,400.00 19,189.79 06/15/2050 737,400.00 178,103.55 12/15/2050 59,662.50 14,038.19 06/15/2051 759,662.50 174,128.71 Prepared by AMTEC (Finance 8.901) PROOF OF ARBITRAGE YIELD $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Present Value to 04/18/2023 Date Debt Service @ 5.3004356756% 12/15/2051 40,850.00 9,121.83 06/15/2052 780,850.00 169,862.52 12/15/2052 20,962.50 4,442.35 06/15/2053 800,962.50 165,356.92 24,387,787.72 11,995,585.80 Proceeds Summary Delivery date 04/18/2023 Par Value 12,065,000.00 Premium (Discount) -69,414.20 Target for yield calculation 11,995,585.80 Prepared by AMTEC (Finance 8.901) BOND DEBT SERVICE $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Period Annual Ending Principal Coupon Interest Debt Service Debt Service 04/18/2023 06/15/2023 98,343.80 98,343.80 98,343.80 12/15/2023 310,559.38 310,559.38 06/15/2024 180,000 4.250% 310,559.38 490,559.38 801,118.76 12/15/2024 306,734.38 306,734.38 06/15/2025 190,000 4.250% 306,734.38 496,734.38 803,468.76 12/15/2025 302,696.88 302,696.88 06/15/2026 200,000 4.250% 302,696.88 502,696.88 805,393.76 12/15/2026 298,446.88 298,446.88 06/15/2027 205,000 4.250% 298,446.88 503,446.88 801,893.76 12/15/2027 294,090.63 294,090.63 06/15/2028 215,000 4.250% 294,090.63 509,090.63 803,181.26 12/15/2028 289,521.88 289,521.88 06/15/2029 225,000 4.250% 289,521.88 514,521.88 804,043.76 12/15/2029 284,740.63 284,740.63 06/15/2030 235,000 4.250% 284,740.63 519,740.63 804,481.26 12/15/2030 279,746.88 279,746.88 06/15/2031 245,000 5.125% 279,746.88 524,746.88 804,493.76 12/15/2031 273,468.75 273,468.75 06/15/2032 260,000 5.125% 273,468.75 533,468.75 806,937.50 12/15/2032 266,806.25 266,806.25 06/15/2033 275,000 5.125% 266,806.25 541,806.25 808,612.50 12/15/2033 259,759.38 259,759.38 06/15/2034 285,000 5.125% 259,759.38 544,759.38 804,518.76 12/15/2034 252,456.25 252,456.25 06/15/2035 300,000 5.125% 252,456.25 552,456.25 804,912.50 12/15/2035 244,768.75 244,768.75 06/15/2036 320,000 5.125% 244,768.75 564,768.75 809,537.50 12/15/2036 236,568.75 236,568.75 06/15/2037 335,000 5.125% 236,568.75 571,568.75 808,137.50 12/15/2037 227,984.38 227,984.38 06/15/2038 350,000 5.125% 227,984.38 577,984.38 805,968.76 12/15/2038 219,015.63 219,015.63 06/15/2039 370,000 5.125% 219,015.63 589,015.63 808,031.26 12/15/2039 209,534.38 209,534.38 06/15/2040 390,000 5.125% 209,534.38 599,534.38 809,068.76 12/15/2040 199,540.63 199,540.63 06/15/2041 410,000 5.125% 199,540.63 609,540.63 809,081.26 12/15/2041 189,034.38 189,034.38 06/15/2042 430,000 5.125% 189,034.38 619,034.38 808,068.76 12/15/2042 178,015.63 178,015.63 06/15/2043 455,000 5.125% 178,015.63 633,015.63 811,031.26 12/15/2043 166,356.25 166,356.25 06/15/2044 480,000 5.375% 166,356.25 646,356.25 812,712.50 12/15/2044 153,456.25 153,456.25 06/15/2045 505,000 5.375% 153,456.25 658,456.25 811,912.50 12/15/2045 139,884.38 139,884.38 06/15/2046 535,000 5.375% 139,884.38 674,884.38 814,768.76 12/15/2046 125,506.25 125,506.25 06/15/2047 565,000 5.375% 125,506.25 690,506.25 816,012.50 12/15/2047 110,321.88 110,321.88 06/15/2048 595,000 5.375% 110,321.88 705,321.88 815,643.76 12/15/2048 94,331.25 94,331.25 06/15/2049 630,000 5.375% 94,331.25 724,331.25 818,662.50 12/15/2049 77,400.00 77,400.00 06/15/2050 660,000 5.375% 77,400.00 737,400.00 814,800.00 12/15/2050 59,662.50 59,662.50 06/15/2051 700,000 5.375% 59,662.50 759,662.50 819,325.00 Prepared by AMTEC (Finance 8.901) BOND DEBT SERVICE $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Period Annual Ending Principal Coupon Interest Debt Service Debt Service 12/15/2051 40,850.00 40,850.00 06/15/2052 740,000 5.375% 40,850.00 780,850.00 821,700.00 12/15/2052 20,962.50 20,962.50 06/15/2053 780,000 5.375% 20,962.50 800,962.50 821,925.00 12,065,000 12,322,787.72 24,387,787.72 24,387,787.72 $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Acquisition & Construction Fund ARBITRAGE REBATE CALCULATION DETAIL REPORT FUTURE VALUE @ RECEIPTS BOND YIELD OF DATE DESCRIPTION (PAYMENTS) (5.300436%) 04/18/23 Beg Bal -11,053,560.75 -12,931,873.70 04/18/23 10,200,208.80 11,933,513.10 05/02/23 -630.02 -735.58 06/02/23 -1,571.66 -1,827.01 07/05/23 -1,541.78 -1,783.70 08/02/23 -1,614.67 -1,860.71 08/23/23 500.00 574.43 08/23/23 219.50 252.18 08/23/23 570.00 654.86 08/31/23 1,796.00 2,061.27 09/05/23 -1,677.71 -1,924.11 09/21/23 1,105.50 1,264.92 10/03/23 -1,627.11 -1,858.50 10/11/23 9,320.19 10,633.25 10/17/23 -1,796.00 -2,047.24 10/18/23 1,796.00 2,046.94 10/23/23 860,247.53 979,731.92 11/02/23 -1,687.28 -1,919.12 12/04/23 -1,638.61 -1,855.12 01/03/24 -1,692.44 -1,908.00 02/02/24 -1,685.44 -1,892.12 02/05/24 770.50 864.61 02/05/24 1,848.00 2,073.71 03/04/24 -1,566.58 -1,750.53 04/02/24 -1,674.84 -1,863.90 05/02/24 -1,618.73 -1,793.62 06/04/24 -1,674.53 -1,846.84 07/02/24 -1,621.36 -1,780.94 08/02/24 -1,674.35 -1,831.14 09/04/24 -1,670.53 -1,818.49 10/02/24 -1,562.45 -1,693.93 10/15/24 253.00 273.77 10/15/24 250.00 270.53 10/15/24 1,125.00 1,217.37 10/15/24 908.50 983.09 10/15/24 39.50 42.74 10/15/24 -1,125.00 -1,217.37 10/15/24 -250.00 -270.53 10/16/24 125.00 135.24 11/04/24 -1,525.25 -1,645.93 12/03/24 -1,418.90 -1,524.72 12/20/24 -1.80 -1.93 01/03/25 -1,421.16 -1,520.51 02/04/25 -1,365.80 -1,454.71 02/11/25 125.00 133.00 03/04/25 -1,225.87 -1,299.99 03/06/25 125.00 132.52 $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Acquisition & Construction Fund ARBITRAGE REBATE CALCULATION DETAIL REPORT FUTURE VALUE @ RECEIPTS BOND YIELD OF DATE DESCRIPTION (PAYMENTS) (5.300436%) 04/02/25 -1,347.58 -1,423.26 05/02/25 -1,301.72 -1,368.84 06/03/25 -1,333.70 -1,396.17 07/02/25 -1,288.30 -1,342.97 08/04/25 -1,332.69 -1,382.80 09/03/25 -1,332.51 -1,376.80 10/02/25 -1,267.29 -1,303.90 11/04/25 -1,274.49 -1,305.23 12/02/25 -1,182.23 -1,205.83 01/05/26 -1,162.30 -1,179.83 01/23/26 12,120.00 12,270.63 02/03/26 -1,130.33 -1,142.72 03/03/26 -1,014.49 -1,021.15 03/31/26 Bal 36,246.89 36,341.83 03/31/26 Acc 98.33 98.59 ---------------------------------------------------------------- 04/18/26 TOTALS: 22,709.99 -4,679.01 ---------------------------------------------------------------- ISSUE DATE: 04/18/23 REBATABLE ARBITRAGE: -4,679.01 COMP DATE: 04/18/26 NET INCOME: 22,709.99 BOND YIELD: 5.300436% TAX INV YIELD: 4.479921% $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Debt Service Reserve Fund ARBITRAGE REBATE CALCULATION DETAIL REPORT FUTURE VALUE @ RECEIPTS BOND YIELD OF DATE DESCRIPTION (PAYMENTS) (5.300436%) 04/18/23 Beg Bal -400,906.25 -469,031.57 05/02/23 630.02 735.58 06/02/23 1,571.66 1,827.01 07/03/23 1,541.78 1,784.22 08/02/23 1,614.67 1,860.71 09/05/23 1,677.71 1,924.11 10/03/23 1,627.11 1,858.50 11/02/23 1,687.28 1,919.12 12/04/23 1,638.61 1,855.12 01/03/24 1,692.44 1,908.00 02/02/24 1,685.44 1,892.12 03/04/24 1,566.58 1,750.53 04/02/24 1,674.84 1,863.90 05/02/24 1,618.73 1,793.62 06/04/24 1,674.53 1,846.84 07/02/24 1,621.36 1,780.94 08/02/24 1,674.35 1,831.14 09/04/24 1,670.53 1,818.49 10/02/24 1,562.45 1,693.93 11/04/24 1,525.25 1,645.93 12/03/24 1,418.90 1,524.72 12/20/24 1.80 1.93 01/03/25 1,421.16 1,520.51 02/04/25 1,365.80 1,454.71 03/04/25 1,225.87 1,299.99 04/02/25 1,347.58 1,423.26 05/02/25 1,301.72 1,368.84 06/03/25 1,333.70 1,396.17 07/02/25 1,288.30 1,342.97 08/04/25 1,332.69 1,382.80 09/03/25 1,332.51 1,376.80 10/02/25 1,267.29 1,303.90 11/04/25 1,274.49 1,305.23 12/02/25 1,182.23 1,205.83 01/05/26 1,162.30 1,179.83 02/03/26 1,130.33 1,142.72 03/03/26 1,014.49 1,021.15 03/31/26 Bal 400,906.25 401,956.28 03/31/26 Acc 1,123.19 1,126.13 ---------------------------------------------------------------- 04/18/26 TOTALS: 51,479.69 -11,107.98 ---------------------------------------------------------------- ISSUE DATE: 04/18/23 REBATABLE ARBITRAGE: -11,107.98 COMP DATE: 04/18/26 NET INCOME: 51,479.69 BOND YIELD: 5.300436% TAX INV YIELD: 4.407055% $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Capitalized Interest Fund ARBITRAGE REBATE CALCULATION DETAIL REPORT FUTURE VALUE @ RECEIPTS BOND YIELD OF DATE DESCRIPTION (PAYMENTS) (5.300436%) 04/18/23 Beg Bal -98,343.80 -115,055.20 05/02/23 154.55 180.44 06/02/23 385.53 448.17 06/15/23 98,343.80 114,106.12 07/05/23 175.98 203.59 ---------------------------------------------------------------- 04/18/26 TOTALS: 716.06 -116.87 ---------------------------------------------------------------- ISSUE DATE: 04/18/23 REBATABLE ARBITRAGE: -116.87 COMP DATE: 04/18/26 NET INCOME: 716.06 BOND YIELD: 5.300436% TAX INV YIELD: 4.641665% $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Cost of Issuance Fund ARBITRAGE REBATE CALCULATION DETAIL REPORT FUTURE VALUE @ RECEIPTS BOND YIELD OF DATE DESCRIPTION (PAYMENTS) (5.300436%) 04/18/23 Beg Bal -201,475.00 -235,711.31 04/18/23 42,000.00 49,136.99 04/18/23 1,750.00 2,047.37 04/18/23 6,000.00 7,019.57 04/18/23 13,000.00 15,209.07 04/18/23 30,000.00 35,097.85 04/18/23 47,500.00 55,571.59 04/18/23 55,000.00 64,346.06 04/25/23 6,125.00 7,158.53 10/26/23 107.47 122.34 ---------------------------------------------------------------- 04/18/26 TOTALS: 7.47 -1.93 ---------------------------------------------------------------- ISSUE DATE: 04/18/23 REBATABLE ARBITRAGE: -1.93 COMP DATE: 04/18/26 NET INCOME: 7.47 BOND YIELD: 5.300436% TAX INV YIELD: 4.325731% $12,065,000 Peace Creek Community Development District (City of Winter Haven, Florida) Special Assessment Bonds, Series 2023 (Assessment Area One) Rebate Computation Credits ARBITRAGE REBATE CALCULATION DETAIL REPORT FUTURE VALUE @ RECEIPTS BOND YIELD OF DATE DESCRIPTION (PAYMENTS) (5.300436%) 04/18/24 -2,070.00 -2,298.32 04/18/25 -2,120.00 -2,233.86 04/18/26 -2,170.00 -2,170.00 ---------------------------------------------------------------- 04/18/26 TOTALS: -6,360.00 -6,702.17 ---------------------------------------------------------------- ISSUE DATE: 04/18/23 REBATABLE ARBITRAGE: -6,702.17 COMP DATE: 04/18/26 BOND YIELD: 5.300436% From: ZULLYAN RON Date: Wed, Apr 29, 2026 at 2:48 PM Subject: Hi To: Amenity Access , Access Management Hi, I wanted to ask if residents are allowed to bring a private swim instructor for one-onone lessons at the community pool. If not, is there a process to get an instructor approved?” My property is located at Peace Creek Reserve Winter haven Florida 33884 Thank you. Zullyan Ron Diaz Florida Real Estate Agent 863-488-1751 -- TOWING SERVICES AGREEMENT THIS AGREEMENT (“Agreement”) is made and entered into this ____ day of May 2026, by and between: PEACE CREEK COMMUNITY DEVELOPMENT DISTRICT, a local unit of special purpose government established pursuant to Chapter 190, Florida Statutes, with a mailing address of c/o Governmental Management Services – Central Florida, LLC, 219 East Livingston Street, Orlando, Florida 32801 (the “District”); and BOLTON’S TOWING SERVICES, INC., a Florida corporation, with a principal address of 2690 Avenue E, SW, Winter Haven, Florida 33880 (“Contractor”). RECITALS WHEREAS, the District is a local unit of special-purpose government established for the purpose of financing, acquiring, constructing, operating and/or maintaining public infrastructure improvements; and WHEREAS, the District has adopted those certain Rules Relating to Overnight Parking and Parking Enforcement, a copy of which is attached hereto as Exhibit A, and as may be amended from time to time by the District Board of Supervisors (“Parking Rules”); and WHEREAS, in accordance with Section 715.07, Florida Statutes, the District desires to engage an independent contractor to provide vehicle towing/removal services within the District in accordance with the Parking Rules (“Services”); and WHEREAS, Contractor desires to provide such Services for the District in accordance with Section 715.07, Florida Statutes, and other Florida law; and WHEREAS, Contractor and the District accordingly desire to enter into this Agreement to provide for the rights, duties and obligations of the parties relative to same. NOW, THEREFORE, in consideration of the recitals, agreements, and mutual covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by the parties, the parties agree as follows: SECTION 1. RECITALS. The recitals so stated are true and correct and by this reference are incorporated into and form a material part of this Agreement. SECTION 2. DESCRIPTION OF WORK AND SERVICES. The District hereby authorizes Contractor, its employees and agents, to perform drive-by inspections and vehicle-towing/removal Services from the District property identified in Exhibit A. Contractor is also authorized to perform such Services when requested to do so by the District’s designated representative, who shall be the District Manager (currently Tricia Adams of Government Management Services – Central Florida, LLC), or her designee (“District Representative”). All such Services shall be performed only at the times specified in the Parking Rules. Contractor shall also provide vehicle storage relative to any such vehicles towed from District property, all in accordance with the Parking Rules, Section 715.07, Florida Statutes, and any other applicable Florida law. A. Upon execution of this Agreement, Contractor shall, at its own cost and expense, procure and install the necessary signage as required by Section 715.07, Florida Statutes, which signage shall be installed a minimum of twenty-four (24) hours prior to commencement of any towing/removal services by Contractor. B. Upon towing/removal of a vehicle, such vehicle shall be stored by Contractor within a ten (10)- mile radius of the point of the removal and shall provide for public access to such storage facility as set forth in Section 715.07, Florida Statutes. C. This Agreement grants to Contractor the right to enter the lands that are subject to this Agreement, for those purposes described in this Agreement, and Contractor hereby agrees to comply with all applicable laws, rules, ordinances and regulations affecting the provision of the Services. Any damage caused by Contractor shall diligently be repaired and shall be at Contractor’s sole cost and expense. SECTION 3. COMPENSATION. Contractor acknowledges and agrees that it is not receiving compensation from the District for the provision of the Services. Any compensation due and owing to Contractor relative to this Agreement shall be remitted by the owner(s) of the towed/removed vehicles. SECTION 4. EFFECTIVE DATE; TERM. This Agreement shall become effective on the date first written above and shall remain in effect unless terminated with written notice to the other party. SECTION 5. INSURANCE. A. Contractor shall, at its own expense, maintain insurance during the performance of the Services under this Agreement, with limits of liability not less than the following: i. Workers’ Compensation Insurance in accordance with the laws of the State of Florida. ii. Commercial General Liability Insurance, including, but not limited to, bodily injury (including contractual), property damage (including contractual), products and completed operations, and personal injury with limits of not less than One Million Dollars and No Cents ($1,000,000.00) per occurrence, and not less than Two Million Dollars and No Cents ($2,000,000.00) aggregate covering all work performed under this Agreement, and covering at least the following hazards: a. Independent Contractors Coverage for bodily injury and property damage in connection with any subcontractor’s operation, if any. iii. Automobile Liability Insurance for bodily injuries in limits of not less than One Million Dollars and No Cents ($1,000,000.00) combined single limit bodily injury and for property damage, providing coverage for any accident arising out of or resulting from the operation, maintenance, or use by Contractor of any owned, non-owned, or hired automobiles, trailers, or other equipment required to be licensed. B. The District and the District’s officers, directors, agents, and employees shall be named as additional insureds on all policies above, except for Workers’ Compensation Insurance coverage. Such insurance shall be considered primary and non-contributory with respect to the additional insureds, and all required insurance policies shall be endorsed to provide for a waiver of underwriter’s rights of subrogation in favor of the additional insureds. Contractor shall furnish the District with the Certificate of Insurance evidencing compliance with this requirement. No certificate shall be acceptable to the District, unless it provides that any change or termination within the policy periods of the insurance coverages, as certified, shall not be effective within thirty (30) days of prior written notice to the District. Insurance coverage shall be from a reputable insurance carrier, licensed to conduct business in the State of Florida. SECTION 6. CARE OF PROPERTY; SOVEREIGN IMMUNITY. A. Contractor shall use all due care to protect the property of the District, its residents and landowners from damage. Contractor shall be solely responsible for any damage to property, including vehicles, caused by the towing/removal and/or storage activities contemplated herein. Accordingly, Contractor, its employees, agents and subcontractors shall defend, hold harmless and indemnify the District and its supervisors, employees, officers, staff, representatives and agents against any claims, damages, liabilities, losses and costs, including, but not limited to, reasonable attorneys’ fees, to the extent caused by the acts or omissions of Contractor, and other persons employed or utilized by Contractor in the performance of this Agreement or the Services performed hereunder. B. Obligations under this section shall include the payment of all settlements, judgments, damages, liquidated damages, penalties, forfeitures, back pay awards, court costs, arbitration and/or mediation costs, litigation expenses, attorney fees, paralegal fees and expert witness fees (incurred in court, out of court, on appeal, or in bankruptcy proceedings) as ordered. C. Nothing in this Agreement shall be deemed as a waiver of the District’s sovereign immunity or the District’s limits of liability as set forth in Section 768.28, Florida Statutes or other law, and nothing in this Agreement shall inure to the benefit of any third party for the purpose of allowing any claim which would otherwise be barred under such limitations of liability or by operation of law. SECTION 7. RECOVERY OF COSTS AND FEES. In the event the District is required to enforce this Agreement by court proceedings or otherwise, the District shall be entitled to recover from Contractor all fees and costs incurred, including reasonable attorneys’ fees, paralegal fees, expert witness fees and costs. SECTION 8. DEFAULT. A default by either party under this Agreement shall entitle the other party to all remedies available at law or in equity, which includes, but is not limited to, the rights of damages, injunctive relief, and specific performance. SECTION 9. AMENDMENT. Amendments to and waivers of the provisions contained in this Agreement may be made only by an instrument in writing which is executed by both of the parties hereto. SECTION 10. ASSIGNMENT. Neither the District nor Contractor may assign their rights, duties or obligations under this Agreement without the prior written approval of the other. Any purported assignment without said written authorization shall be void. SECTION 11. NOTICES. All notices, requests, consents, and other communications hereunder (each a “Notice”) shall be in writing and shall be delivered, mailed by First Class Mail, postage prepaid, or overnight delivery service, to the parties, as follows: A. If to the District: Peace Creek Community Development District c/o Governmental Management Services – Central Florida, LLC 219 East Livingston Street Orlando, Florida 32801 Attn: District Manager With a copy to: Kilinski | Van Wyk PLLC 517 E. College Avenue Tallahassee, Florida 32301 Attn: District Counsel B. If to Contractor: Bolton’s Towing Services, Inc. 2690 Avenue E, SW Winter Haven, Florida 33880 Attn: _______________ Except as otherwise provided in this Agreement, any Notice shall be deemed received only upon actual delivery at the address set forth above. Notices delivered after 5:00 p.m. (at the place of delivery) or on a non-business day, shall be deemed received on the next business day. If any time for giving Notice contained in this Agreement would otherwise expire on a non-business day, the Notice period shall be extended to the next succeeding business day. Saturdays, Sundays, and legal holidays recognized by the United States government shall not be regarded as business days. Counsel for the District and counsel for Contractor may deliver Notice on behalf of the District and Contractor. Any party or other person to whom Notices are to be sent or copied may notify the other parties and addressees of any change in name or address to which Notices shall be sent by providing the same on five (5) days’ written notice to the parties and addressees set forth herein. SECTION 12. PUBLIC RECORDS. Contractor understands and agrees that all documents of any kind provided to the District in connection with this Agreement may be public records, and, accordingly, Contractor agrees to comply with all applicable provisions of Florida law in handling such records, including but not limited to Section 119.0701, Florida Statutes. Contractor acknowledges that the designated public records custodian for the District is Governmental Management Services – Central Florida, LLC (“Public Records Custodian”). Among other requirements and to the extent applicable by law, Contractor shall 1) keep and maintain public records required by the District to perform the service; 2) upon request by the Public Records Custodian, provide the District with the requested public records or allow the records to be inspected or copied within a reasonable time period at a cost that does not exceed the cost provided in Chapter 119, Florida Statutes; 3) ensure that public records which 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 the contract term if Contractor does not transfer the records to the Public Records Custodian of the District; and 4) upon completion of the contract, transfer to the District, at no cost, all public records in Contractor’s possession or, alternatively, keep, maintain and meet all applicable requirements for retaining public records pursuant to Florida laws. When such public records are transferred by Contractor, Contractor shall destroy any duplicate public records that are exempt or confidential and exempt from public records disclosure requirements. All records stored electronically must be provided to the District in a format that is compatible with Microsoft Word or Adobe PDF formats. IF CONTRACTOR HAS QUESTIONS REGARDING THE APPLICATION OF CHAPTER 119, FLORIDA STATUTES, TO CONTRACTOR’S DUTY TO PROVIDE PUBLIC RECORDS RELATING TO THIS AGREEMENT, CONTACT THE CUSTODIAN OF PUBLIC RECORDS AT (407) 841-5524, RECORDREQUEST@GMSCFL.COM, OR 219 EAST LIVINGSTON STREET, ORLANDO, FLORIDA 32801. SECTION 13. CONTROLLING LAW AND VENUE. This Agreement and the provisions contained herein shall be construed, interpreted, and controlled according to the laws of the State of Florida. The parties agree that venue for any action arising hereunder shall be in a court of appropriate jurisdiction in Polk County, Florida. SECTION 14. E-VERIFY. Contractor shall comply with and perform all applicable provisions of Section 448.095, Florida Statutes. Accordingly, as a condition precedent to entering into this Agreement, Contractor shall register with and use the United States Department of Homeland Security’s E-Verify system to verify the work authorization status of all newly hired employees. The District may terminate this Agreement immediately for cause if there is a good faith belief that Contractor has knowingly violated Section 448.09(1), Florida Statutes. If Contractor anticipates entering into agreements with a subcontractor for the Services, Contractor will not enter into the subcontractor agreement without first receiving an affidavit from the subcontractor regarding compliance with Section 448.095, Florida Statutes, and stating that the subcontractor does not employ, contract with, or subcontract with an unauthorized alien. Contractor shall maintain a copy of such affidavit for the duration of the agreement and provide a copy to the District upon request. In the event that the District has a good faith belief that a subcontractor has knowingly violated Section 448.095, Florida Statutes, but Contractor has otherwise complied with its obligations hereunder, the District shall promptly notify Contractor. Contractor agrees to immediately terminate the agreement with the subcontractor upon notice from the District. Further, absent such notification from the District, Contractor, or any subcontractor who has a good faith belief that a person or entity with which it is contracting has knowingly violated Section 448.09(1), Florida Statutes, shall promptly terminate its agreement with such person or entity. By entering into this Agreement, Contractor represents that no public employer has terminated a contract with Contractor under Section 448.095(5)(c), Florida Statutes, within the year immediately preceding the date of this Agreement. SECTION 15. FOREIGN INFLUENCE. Contractor understands that under Section 286.101, Florida Statutes, that Contractor must disclose any current or prior interest, any contract with, or any grant or gift from a foreign country of concern as that term is defined within the above referenced statute. SECTION 16. SCRUTINIZED COMPANIES. In accordance with Section 287.135, Florida Statutes, Contractor represents that in entering into this Agreement, neither it nor any of its officers, directors, executives, partners, shareholders, members, or agents is on the Scrutinized Companies with Activities in Sudan List, the Scrutinized Companies with Activities in the Iran Terrorism Sectors List, or the Scrutinized Companies or Other Entities that Boycott Israel List created pursuant to Sections 215.4725 and 215.473, Florida Statutes, and in the event such status changes, Contractor shall immediately notify the District. If Contractor is found to have submitted a false statement, has been placed on the Scrutinized Companies with Activities in Sudan List, the Scrutinized Companies with Activities in the Iran Terrorism Sectors List, or has been engaged in business operations in Cuba or Syria, or is now or in the future on the Scrutinized Companies or Other Entities that Boycott Israel List, or engaged in a boycott of Israel, the District may immediately terminate this Agreement. SECTION 17. PUBLIC ENTITY CRIMES. Contractor represents that in entering into this Agreement, Contractor has not been placed on the convicted vendor list as described in Section 287.133(3)(a), Florida Statutes, within the last thirty-six (36) months and, if Contractor is placed on the convicted vendor list, Contractor shall immediately notify the District whereupon this Agreement may be terminated by the District. SECTION 18. SEVERABILITY. The invalidity or unenforceability of any one or more provisions of this Agreement shall not affect the validity or enforceability of the remaining portions of this Agreement, or any part of this Agreement not held to be invalid or unenforceable. SECTION 19. INDEPENDENT CONTRACTOR. It is understood and agreed that at all times the relationship of Contractor and its employees, agents, subcontractors or anyone directly or indirectly employed by Contractor to the District is the relationship of an independent contractor and not that of an employee, agent, joint venturer or partner of the District. Nothing in this Agreement shall be interpreted or construed as creating or establishing the relationship of employer and employee between the District and Contractor or any of its employees, agents, subcontractors or anyone directly or indirectly employed by Contractor. The parties acknowledge that Contractor is not an employee for state or federal tax purposes. Contractor shall hire and pay all of Contractor’s employees, agents, subcontractors or anyone directly or indirectly employed by Contractor, all of whom shall be employees of Contractor and not employees of the District and at all times entirely under Contractor’s supervision, direction, and control. Contractor shall not have any authority to assume or create any obligation, express or implied, on behalf of the District, and Contractor shall have no authority to represent the District as an agent, employee, or in any other capacity, unless otherwise set forth in this Agreement. SECTION 20. NO THIRD-PARTY BENEFICIARIES. This Agreement is solely for the benefit of the formal parties hereto and no right or cause of action shall accrue upon or by reason hereof, to or for the benefit of any third party not a formal party hereto. Nothing in this Agreement expressed or implied is intended or shall be construed to confer upon any person or corporation other than the parties hereto any right, remedy or claim under or by reason of this Agreement or any provisions or conditions hereof; and all of the provisions, representations, covenants and conditions herein contained shall inure to the sole benefit of and shall be binding upon the parties hereto and their respective representatives, successors and assigns. SECTION 21. HEADINGS FOR CONVENIENCE ONLY. The descriptive headings in this Agreement are for convenience only and shall not control nor affect the meaning or construction of any of the provisions of this Agreement. SECTION 22. ANTI-HUMAN TRAFFICKING AFFIDAVIT. Contractor certifies, by acceptance of this Agreement, that neither it nor its principals utilize coercion for labor or services as defined in Section 787.06, Florida Statutes. Contractor agrees to execute an affidavit in compliance with Section 787.06(14), Florida Statutes, and acknowledges that if Contractor refuses to sign said affidavit, the District may terminate this Agreement immediately. SECTION 23. ENTIRE AGREEMENT. This instrument shall constitute the final and complete expression of the agreement between the parties relating to the subject matter of this Agreement. [Signature page follows] [Signature page to Towing Services Agreement] IN WITNESS WHEREOF, the parties hereto have signed this Agreement to be effective on the day and year first written above. PEACE CREEK COMMUNITY DEVELOPMENT DISTRICT _________________________________________ _ ________________, Board of Supervisors BOLTON’S TOWING SERVICES, INC. By:_______________________________________ Print: ___________________________________ Its:_______________________________________ EXHIBIT A: Parking Rules EXHIBIT A Parking Rules [See following pages.] May ,12,2026 Peace Creek CDD | Allen Bailey Field Manager | abailey@gmscfl.com |407-460-4424 1 Completed Items • The pool rails have been secured after being identified as loose during inspection. This adjustment helps ensure they remain safe and stable for resident use, reducing the risk of potential safety concerns. • Tract H has been mowed as part of routine maintenance, and the area will continue to be monitored to support healthy grass growth and allow thinner sections to fill in over time. • Graffiti has been fully removed from the amenity tables, improving their overall. • Areas affected by erosion have been addressed by filling and stabilizing the soil, helping to prevent further deterioration and maintain the integrity of the landscape. Contracted Services • The landscaping contractor continues to maintain the community grounds in a satisfactory manner. We have transitioned to a weekly schedule for common areas and a biweekly schedule for pond banks. • The pool facility is being maintained in accordance with established operational and safety standards. • Janitorial services are effectively maintaining cleanliness and order in the amenity restrooms and dog stations. Peace Creek CDD Field Management Report May 4, 2026 Monica Virgen – Recording Secretary Peace Creek CDD 219 E. Livingston St. Orlando, FL 32801 RE: Peace Creek Community Development District Registered Voters Dear Ms. Virgen, In response to your request, there are currently 474 voters within the Peace Creek Community Development District as of April 15, 2026. Please do not hesitate to contact us if we can be of further assistance. Sincerely, Melony M. Bell Supervisor of Elections Polk County, Florida